Thursday, June 30, 2011

Trader Guide for 01-Jul-2011

KST KST Nifty Futures 5 Min
KST Nifty Futures 60 Min


KST Nifty Futures EOD

 Pivot
Classic Pivot
S3 S2 S1 Pivot R1 R2 R3
5579.12 5599.68 5626.12 5646.68 5673.12 5693.68 5720.12


Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5626.70 5639.62 5643.93 5648.24 5646.68 5656.86 5661.17 5665.47 5678.40

Nifty futures closed at 5652.55 above pivot and averages indicating strong sentiments on Nifty will continue and if we look at charts hourly chart is holding sell cross but selling is not visible and looking like divergence and buy on dip continues as EOD is now reached Overbought successfully without much struggle and any cross here will creates selling zone.... I think we need to wait for sure cross for selling till then it indicates buy on dips.....

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