Monday, December 15, 2008

Nifty Future for December 15 - Viral Joshi

Pivot is 2880 and support is 2800.

S1 2900; S2 2880; S3 2850/2800; and R1 2950; R2 2980; R3 3000/3050;

Buy above 2880 and if it breaks 2920 then 2950 - 2980 - 3020.
Short below 2880 and if it breaks 2870 then 2850 - 2820 - 2800.

Daily moving averages:

5DMA 2854;
20DMA 2747;
50DMA 3041;
200DMA 4211.

Posted by VIRAL JOSHI at 8:20 AM

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