Monday, April 25, 2011

Trader Guide for 26-Apr-2011

KST
KST 5 Min

KST 30 Min


KST 60 Min




KST EOD



Pivot

Pivot
S2 S1 Pivot R1 R2
5843.07 5860.03 5892.52 5909.48 5941.97



Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5849.80 5863.40 5867.93 5872.47 5892.52 5881.53 5886.07 5890.60 5904.20


Nifty Futures closed at 5877 below pivot point and averages and if we look at options near month call options are trading below averages and put options are now above averages suggesting selling will take place after a good start fresh sell zone will be above 5909 for target of 5860-5840 and for positive side buy for 5890-5900 when nifty trading near 5860 and below with strict stop loss.....

when we look at KST charts we are sure at selling this time but need to book our shorts once we reached at higher sold zone and we have to wait for a cross on 5 min chart at higher bought zone for entering  new shorts as now nifty trading at higher sold zone and suggesting trend reversal in morning.. volatility is expected as we are near to expiry......



[edit]

No comments:

Post a Comment