Tuesday, March 22, 2011

Trader Guide for 22-MAR-2011

KST



Kst Indicators crossed at oversold zone and trying to trade near base line suggesting volatility remains in market.



INDIA VIX

Open High Low Current Prev Close % Change
25.8926.5923.6925.2125.89 -2.63

India VIX lost 2.63% and remains 25.21 its a short term worry for bulls  may Nifty Recovers if it reach and 24 and below and selling may build up if again trades above 25.5

PIVOT POINT


S 2 S 1 Pivot R 1 R 2
5310.2 5337.4 5375.4 5402.5 5440.5

Nifty Closed at 5364.75 below pivot suggesting volatile trade in Morning and panic leads to loss nifty Futures & Call options trading @ below Averages and Put Options Trading @ Above Averages suggesting possibilities of are high towards Shorts. Sell for 5337 and buy for 5402 if trading above pivot.

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