Trader Guide for 11-Mar-2011

KST Updates for 11-Mar-2011

If we Look at charts both lines of  KST indicators are at higher bought zone and crossed indicating volatility and flat trend in morning and sell is suggested if nifty gains in morning for intraday trade

Pivot Table

S 2	S 1	Pivot	R 1	R 2
5445.20	5469.80	5493.05	5517.65	5540.90

Nifty closed at 5494.40 near to pivot point indicating volatile trading.

India VIX

Open	High	Low	Current	Prev Close	% Change
23.28	24.17	22.63	23.53	23.28	1.07

If we look at VIX data its clear market Nifty may attempt downward movement and trade volatile if VIX again reached 24.17+  we may face fresh selling pressure and it is good for intraday trade.