KST
KST 5 Min
KST 60 Min
KST EOD
PIVOT
| Pivot | ||||
| S2 | S1 | Pivot | R1 | R2 |
| 5731.32 | 5803.13 | 5839.07 | 5910.88 | 5946.82 |
| Camarilla Pivot Points | ||||||||
| S4 | S3 | S2 | S1 | Pivot | R1 | R2 | R3 | R4 |
| 5815.69 | 5845.32 | 5855.20 | 5865.07 | 5839.07 | 5884.83 | 5894.70 | 5904.58 | 5934.21 |
Nifty Futures closed at 5874.95 above pivot and above averages and near month call options are trading above averages indication strong sentiments continue in morning...... If we look at charts its volatile day for nifty as on EOD chart KST gain attempting cross on overbought zone which leads to whipsaw so we have to wait till 60 min chart to cross again on over bought zone if it happens Nifty again try to reach previous low of 5800-5700 in next 2-3 trading sessions... 60 min chart is now trading at higher bought zone we have to close our carried Intraday longs at higher price and may try to reverse our trade with short for intraday profit... Tomorrow (22-Apr-2011) NSE remained closed due to Good Friday so our Friday Sellers may attempt selling on Thursday & if Friday sellers may get active at closing nifty will not get chance for recovery till day end......
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