Friday, December 19, 2008

Nifty Future for December 19 - Viral Joshi

Pivot is 3020 and support is 2950.

S1 3050; S2 3020; S3 3000/2980; and R1 3090; R2 3120; R3 3150/3180;

Buy above 3050 and if it breaks 3090 then 3120 - 3150 - 3180.
Short below 3050 and if it breaks 3020 then 3000 - 2980 - 2950.

Daily moving averages:

5DMA 2992;
20DMA 2792;
50DMA 2967;
200DMA 4167.

Posted by VIRAL JOSHI at 8:45 AM

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