Tuesday, May 31, 2011

Trader Guide for 01-Jun-2011

KST
Nifty Futures 5 Min


Nifty Futures 60 Min


Nifty Futures EOD

 Pivot

Classic Pivot
S3 S2 S1 Pivot R1 R2 R3
5417.12 5448.63 5500.42 5531.93 5583.72 5615.23 5667.02
 
Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5506.39 5529.29 5536.93 5544.56 5531.93 5559.84 5567.47 5575.11 5598.02


Nifty Futures Closed at 5552.20 above pivots and averages & if we look at option data call options are trading above averages and put options trading below averages suggesting gains in morning... and if we look at Charts in hourly chart KST lines are now at higher bought zone and any cross here leads to selling for sure... on another side at daily charts KST holding buy cross and now reaching base line ( 0 Line) so we can expect a volatile trade if KST reached baseline and fails to move upside....

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