KST
5 min
60 Min...
EOD
Pivot
| Pivot | ||||
| S2 | S1 | Pivot | R1 | R2 |
| 5683.80 | 5813.90 | 5880.75 | 6010.85 | 6077.70 |
| Camarilla Pivot Points | |||||||
| S4 | S3 | S2 | S1 | R1 | R2 | R3 | R4 |
| 5835.68 | 5889.84 | 5907.89 | 5925.95 | 5962.05 | 5980.11 | 5998.16 | 6052.32 |
Nifty Future closed at 5944 trading above Pivot point and averages suggesting strong sentiments continues on 15th April. If we consider KST Charts we already reached in over bought zone we have to wait for selling.. EOD is attempting another cross on Overbought zone and first time its looks like whipsaw.... we just ignore the cross if happened and continue on selling because buying in over bought zone is meaningless and lead to whipsaw, for buying we have to wait till KST again to reach oversold area and any KST cross in oversold zone confirms good buy positions.... If we look at 60 min chart it looks like railway track and no chance for cross if any gap down and gap up in morning may lead to SELLING FOR SURE on KST.... but we need to consider and think about current bullish sentiments before any Shorts and a good move always pay good returns in market...
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