Monday, June 20, 2011

Trader Guide for 21-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
4974.80 5078.60 5171.80 5275.60 5368.80 5472.60 5565.80


Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5156.65 5210.83 5228.88 5246.94 5275.60 5283.06 5301.12 5319.18 5373.35


Nifty Futures Closed at 5265 below averages and pivots and call option closed below averages and put option closed above averages indicating trend is still weak for nifty... If we look at charts on hourly chart KST lines crossed at oversold zone with buy cross gap down leads selling again and flat and positive opening will give us a very good point to buy.. if we look at EOD chart KST lines are at oversold zone any gains will gives us a good selling from high and selling will continue till next cross on oversold zone.....

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