Monday, May 30, 2011

Trader Guide for 31-May-2011

KST
Nifty Futures 5 Min


Nifty Futures 60 Min


Nifty Futures EOD

  Pivot

Classic Pivot
S3 S2 S1 Pivot R1 R2 R3
5383.67 5412.33 5439.67 5468.33 5495.67 5524.33 5551.67


Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5436.20 5451.60 5456.73 5461.87 5468.33 5472.13 5477.27 5482.40 5497.80


Nifty Futures Closed at 5467 below pivot and marginally below averages now its tough to decide where market will move... if we look at options Call options are Closed below averages and Put Options are Closed above averages If we look at charts in hourly chart KST lines crossed on overbought and indicating selling for sure........ For buying we may need to wait for oversold zone  again.... on EOD charts KST Lines are reaching base line (0 line) and nifty holds buy cross at over bought zone it is good thing for bulls any selling to be used to invest till EOD holds Buy cross....

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