KST
KST-5min
KST-60 Min
KST-EOD
Pivot
| Pivot | ||||
| S2 | S1 | Pivot | R1 | R2 |
| 5358.65 | 5403.20 | 5488.10 | 5532.65 | 5617.55 |
| Camarilla Pivot Points | ||||||||
| S4 | S3 | S2 | S1 | Pivot | R1 | R2 | R3 | R4 |
| 5376.55 | 5412.15 | 5424.02 | 5435.88 | 5488.10 | 5459.62 | 5471.48 | 5483.35 | 5518.95 |
Nifty Futures Closed at 5447.75 below pivots and averages suggesting downside for upside we need to use stop loss of 5430-5425 for a target of 5460-5480-5500 and we want to short the we we need to use 5465 for a target of 5430-5400-5380
If We look at charts KST lines are now trading at oversold zone on EOD Still am expecting a bounce for continue our shorts from high If we look at hourly chart we are trading on oversold zone and any cross here leads short term bullishness that we can expect for a selling again as from high... expecting a gain for safe trade and to continue our short trades if nifty missed some good gains in timely interval we may not see good shorting opportunity as now bulls facing some troubles....
Am not believed my JN Friend Nimesh that he Predicted/Projected Nifty will reach 54xx and down I just planned to reverse my target after 59xx-5600-5500 = 300 + 100 points bonus if I get chance.... Now its good to know.... his target is reaching..... may be he stuck at work at some where... he is not able to post..... from 59xx after a two bad whipsaws am able to get this target that happened at 59xx and 58xx levels.... after that whipsaws I made changes to my trade plans and allowed bull phase and expecting a gain for good shorting..... that's why am expecting a bounce here at 54xx-53xx levels... I believe if a bounce will not take place at this stage it may result in sharp rally again towards 5700-5900 levels with only 3-4 shorting opportunities....
Still am on bear side and looking for short from every high... Every Day....
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