Sunday, June 19, 2011

Trader Guide for 20-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
5283.77 5322.43 5347.57 5386.23 5411.37 5450.03 5475.17


Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5337.61 5355.16 5361.00 5366.85 5386.23 5378.55 5384.40 5390.25 5407.79


Nifty Futures closed at 5372.7 below pivot and averages and call option closed below averages and put option closed above averages indicating market remains weak.... If we look at charts in hourly chart KST lines are now at oversold and holding buy cross if gap up happens it may give good returns on bull side and it may try to give a good selling point to sell again from high and EOD is reaching Oversold zone supporting selling....

No comments:

Post a Comment