Trader Guide for 26-May-2011

KST

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

KST
Nifty Futures 5 Min

Nifty Futures 60 Min

Nifty Futures EOD

 Pivots

Classic Pivot
S3	S2	S1	Pivot	R1	R2	R3
5280.12	5304.33	5326.17	5350.38	5372.22	5396.43	5418.27

Camarilla Pivot Points
S4	S3	S2	S1	Pivot	R1	R2	R3	R4
5322.67	5335.34	5339.56	5343.78	5350.38	5352.22	5356.44	5360.66	5373.33

Nifty Futures Closed at 5348 above pivots and below averages and if we look at options except valuable 5300 call other calls are trading below averages and put options are trading below averages.... suggesting volatile sentiments continues.... if we look at KST charts hourly chart holding buy cross if this cross fails to hold then we can expect a selling pressure on nifty other wise good day for buy on expiry at lower levels and If we look at EOD its again indicating Selling if both charts able to hold sell signal at least for 5 min Nifty may see correction other wise nifty may trade volatile and repeat today's sentiments....
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