Thursday, December 18, 2008

Nifty Future for December 18 - Viral Joshi

Pivot is 2980 and support is 2880.

S1 2920; S2 2900; S3 2880; and R1 2950; R2 2980; R3 3000/3020;

Buy above 2950 and if it breaks 2980 then 3000 - 3020 - 3050.
Short below 2930 and if it breaks 2920 then 2900 - 2880 - 2850.

Daily moving averages:

5DMA 2964;
20DMA 2773;
50DMA 2985;
200DMA 4178.

Posted by VIRAL JOSHI at 8:27 AM

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