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NIFTY (4120)
Wednesday, May 16, 2007
Today Nifty found support at 10-DMA.
Pivot point trading levels for 16th May is as under.
S2 S1 PIVOT R1 R2
4076 4098 4124 4146 4172
Pivot point trading levels for the Week is as under.
S2 S1 PIVOT R1 R2
3895 3986 4072 4163 4249
10-DMA 4102
20-DMA 4088
Resistances on the way up are at 4138, 4224. Support is at 4052, 3966. These are not for any particular day and are valid for medium term.
Nothing much to say.
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