Thursday, June 16, 2011

Trader Guide for 17-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
5314.60 5353.60 5381.30 5420.30 5448.00 5487.00 5514.70
 
Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5372.32 5390.66 5396.77 5402.89 5420.30 5415.11 5421.23 5427.34 5445.68

Nifty Futures closed at 5409 below average and pivot points call options closed below average and put option closed above average suggesting market may see another selling day ahead.... if we look at charts 60 min charts KST lines moving together and attempting cross for buy zone if both line able to cross in morning will Providences us good buying opportunity and at EOD chart KST lines are now reaching oversold any gain will provide good selling....

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