Thursday, April 21, 2011

Trader Guide For 25-Apr-2011

KST

5 min

60 min


EOD


Pivot

Classic Pivot
S2 S1 Pivot R1 R2
5852.90 5877.25 5904.45 5928.80 5956.00


Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5873.25 5887.42 5892.15 5896.87 5904.45 5906.33 5911.05 5915.78 5929.95




Nifty Futures Closed at  5901.60 marginally below from Pivot and Below averages suggesting to sell but when we look at near month call options and  put options, both options are trading below averages suggesting Volatile day for nifty.... If we look at KST charts then we can surely say Bears will try to take revenge on Bulls after a good start...  Sell for 5890-5870-5850 when nifty reaches high and trade with small Stop Loss....

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