Tuesday, December 16, 2008

Nifty Future for December 16 - Viral Joshi

Pivot is 2980 and support is 2880.

S1 2950; S2 2920; S3 2900/2880; and R1 2990; R2 3020; R3 3050/3080;

Buy above 2990 and if it breaks 3020 then 3050 - 3080 - 3100.
Short below 2980 and if it breaks 2950 then 2920 - 2900 - 2880.

Daily moving averages:

5DMA 2907;
20DMA 2754;
50DMA 3021;
200DMA 4200.

Dow Jones Tonight For 16 Dec,2008 - Viral Joshi

Pivot is 8,550 and support is 8,400.

S1 8,550; S2 8,500; S3 8,450; and R1 8,580; R2 8,620; R3 8,700.

Above 8,580 Dow is positive and below 8,550 Dow is negative.

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