Sunday, May 29, 2011

Trader Guide for 30-May-2011

KST
Nifty Futures 5 Min


Nifty Futures 60 Min


Nifty Futures EOD


Pivot

Classic Pivot
S3 S2 S1 Pivot R1 R2 R3
5363.67 5389.33 5430.67 5456.33 5497.67 5523.33 5564.67


Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5435.15 5453.58 5459.72 5465.86 5456.33 5478.14 5484.28 5490.43 5508.85

Nifty Futures Closed at 5472 above average and pivot and option data supporting up-move on opening as Call option trading above averages and Put options are trading below averages... if we look at KST charts in Hourly charts KST lines trading at overbought zone any cross here leads to selling and if we look at EOD chart if any sell is here that is a chance to enter in longs as buy on dip...

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