Friday, February 20, 2009

Dow Jones Tonight for February 20 - Viral Joshi

Pivot is 7,500 and support is 7,350.

S1 7,450; S2 7,400; S3 7,350; and R1 7,500; R2 7,550; R3 7,600.

Above 7,500 Dow is positive and below 7,450 Dow is negative.

Nifty Future for February 20 - Viral Joshi

Pivot is 2785 and support is 2700.

S1 2750; S2 2720; S3 2700; and R1 2790; R2 2800; R3 2820/2850;

Buy above 2785 and if it breaks 2790 then 2800 - 2820 - 2850.
Short below 2785 and if it breaks 2770 then 2750 - 2730 - 2700.

Daily moving averages:

5DMA 2827;
20DMA 2825;
50DMA 2884;
200DMA 3746.

Thursday, February 19, 2009

Dow Jones Tonight for February 19 - Viral Joshi

Pivot is 7,600 and support is 7,400.

S1 7,500; S2 7,450; S3 7,400; and R1 7,600; R2 7,650; R3 7,700.

Above 7,600 Dow is positive and below 7,500 Dow is negative.

Nifty Future for February 19 - Viral Joshi

Pivot is 2770 and support is 2700.

S1 2750; S2 2720; S3 2700; and R1 2770; R2 2785; R3 2800/2850;

Buy above 2770 and if it breaks 2785 then 2800 - 2820 - 2850.
Short below 2750 and if it breaks 2740 then 2730 - 2720 - 2700.

Daily moving averages:

5DMA 2847;
20DMA 2821;
50DMA 2882;
200DMA 3757.

Wednesday, February 18, 2009

Dow Jones Tonight for February 18 - Viral Joshi

Pivot is 7,600 and support is 7,400.

S1 7,500; S2 7,450; S3 7,400; and R1 7,600; R2 7,650; R3 7,700.

Above 7,600 Dow is positive and below 7,500 Dow is negative.

Nifty Future for February 18 - Viral Joshi

Pivot is 2770 and support is 2650.

S1 2750; S2 2720; S3 2700/2680; and R1 2770; R2 2785; R3 2800/2850;

Buy above 2770 and if it breaks 2785 then 2800 - 2820 - 2850.
Short below 2750 and if it breaks 2730 then 2720 - 2700 - 2680.

Daily moving averages:

5DMA 2877;
20DMA 2822;
50DMA 2882;
200DMA 3769.

Tuesday, February 17, 2009

Nifty Update for February 18 - Inder Bhatia

The Indian market opened on a lower note tracking weak global cues and ended in the red zone. For the coming session we could see bounces near 2740-2690. On an hourly market we are in the oversold zone and near-term support area. An upside to 2830-2870 would as as a resistance zone.


Sunday, February 15, 2009

Nifty Update for February 16 - Inder Bhatia


The Indian market opened on a higher note and saw good buying in the afternoon session, closing with handsome gains. For the coming session we could see Nifty testing 2970-3067 levels. On the other hand 2870-2840 will act as a support zone. For any longs, 2870 would be the stop.

KM

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