Tuesday, April 19, 2011

Trader Guide For 20-Apr-2011

KST
KST 5 min



KST 60 Min



KST EOD



Pivot

Classic Pivot
S2 S1 Pivot R1 R2
5669.40 5714.75 5748.35 5793.70 5827.30


Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5716.68 5738.39 5745.63 5752.86 5748.35 5767.34 5774.57 5781.81 5803.52

Nifty futures Closed at 5760.10 above pivot and Averages, if we look at options near month calls are closed above Averages and Put Options are closed below averages suggesting bullish trend in morning...... If we look at charts..... EOD is reaching base line and we will continue our selling on rise and 60 min chart is still trading in oversold zone we have to wait for over bought zone for selling wait till fresh indication for selling on higher bought zone... we may consider smaller trades with regular intervals with strict stop loss.... carried longs if any to be booked at higher bought zone nifty gains....



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