Trader Guide for 25-May-2011

Must watch this : http://youtu.be/Wfk8fK3DTY0

KST
Nifty Futures 5 Min

Nifty Futures 60 Min

Nifty Futures EOD 

Piviots

Classic Pivot
S3	S2	S1	Pivot	R1	R2	R3
5305.53	5332.77	5363.33	5390.57	5421.13	5448.37	5478.93

Camarilla Pivot Points
S4	S3	S2	S1	Pivot	R1	R2	R3	R4
5362.11	5378.00	5383.30	5388.60	5390.57	5399.20	5404.50	5409.79	5425.69

Nifty Futures Closed at 5393.90 marginally above average and pivot suggesting Nifty will try another attempt for gains and options are not in mood of supporting up moves 5300 call is only one strike that supporting up-moves and all other calls are on bearish side and if we look at put options... all put options (excluding OTM Options) are traded below averages supporting up moves and heavy volatility is suspected due to expiry heat....

If we look at charts, as on Hourly chart  KST lines are trying to reach Base Line (0 line) any cross from Overbought zone is leads selling if fails to hold this buy cross.... Nifty may again face heavy selling with support of EOD Cross.... now on EOD its neither on sell or buy now looking like waiting for judgement... like Non-Aligned Movement......