Tuesday, May 10, 2011

Trader Guide for 10-May-2011

KST

KST-5Min




KST-60Min




KST-EOD







Pivot

Classic Pivot
S3 S2 S1 Pivot R1 R2 R3
5427.18 5464.37 5509.73 5546.92 5592.28 5629.47 5674.83


Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5509.70 5532.40 5539.97 5547.53 5546.92 5562.67 5570.23 5577.80 5600.50

Nifty Futures Closed at 5555.10 above pivot and averages suggesting upward move and Options are too supporting up-move 

If we look at KST charts EOD is trading at oversold zone and no indications for buying side and in hourly chart KST crossed at overbought zone and for safe selling this cross must be continued... and we need to watch hourly chart careful today...

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