Tuesday, June 14, 2011

Trader Guide for 15-Jun-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
5456.57 5476.03 5496.07 5515.53 5535.57 5555.03 5575.07



Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5494.38 5505.24 5508.86 5512.48 5515.53 5519.72 5523.34 5526.96 5537.83


Nifty Futures closed at 5516.10 near pivot point and averages put options are traded near averages and call options are below averages now indicating trend remains range-bound... and if we look at charts KST lines now attempting selling cross on Overbought zone and negative open will leads to good selling for bears and gap up will erase this sell call and leads to volatile and need to wait for oversold zone for smart buying because now EOD is neutral at Overbought and near 0 line KST lines not able to reach clear overbought  from last few days struggling hard to reach overbought on EOD and any selling here gives good opportunity for buying.....

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