Wednesday, May 11, 2011

Trader Guide for 12-May-2011

KST
Nifty Futures 5 Min


Nifty Futures 60 Min

Nifty Futures EOD




Pivot

Classic Pivot
S3 S2 S1 Pivot R1 R2 R3
5477.17 5500.33 5531.57 5554.73 5585.97 5609.13 5640.37


Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5532.88 5547.84 5552.83 5557.81 5554.73 5567.79 5572.77 5577.76 5592.72

Nifty Futures Closed at 5562.80 above pivot and above averages suggesting up move and if we look at options Call options are trading above averages and Put options are trading below averages suggesting market remains strong on opening....


If we look at KST Charts cross happened on EOD on oversold... for safe buy Nifty need to maintain this cross for next 2-3 trading days.... On hourly chart KST is trying cross on baseline suggesting volatile trade till next cross....

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