Wednesday, June 1, 2011

Trader Guide for 02-Jun-2011


KST
Nifty Futures 5 Min

Nifty Futures 60 Min

Nifty Futures EOD




Pivot

Classic Pivot
S3 S2 S1 Pivot R1 R2 R3
5512.92 5529.43 5560.97 5577.48 5609.02 5625.53 5657.07



Camarilla Pivot Points
S4 S3 S2 S1 Pivot R1 R2 R3 R4
5566.07 5579.29 5583.69 5588.10 5577.48 5596.90 5601.31 5605.71 5618.93

Nifty futures closed at 5592.50 above pivots and averages and option data suggesting up-moves as call options are closed above averages and put options are closed below averages indicating market may see strong or flat opening....

If we look at KST Charts hourly chart is now holding sell signal and  need to wait for sure sell... any bounce will erase this signal and gap down leads to sure sell and at EOD charts KST lines reached base line (0 line) it may attempt a volatile trades... so need to careful if we are carrying longs....

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