Wednesday, June 22, 2011

Trader Guide for 23-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
5219.00 5243.40 5263.20 5287.60 5307.40 5331.80 5351.60


Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5258.69 5270.84 5274.90 5278.95 5287.60 5287.05 5291.10 5295.16 5307.31

Nifty Futures closed at 5283 below pivot and averages call options closed below averages and put options closed below averages indicating selling continues.... if we look at charts 60 min chart now attempted buy cross good open will provide better gains and gap down again gives party time for bears... EOD is still holding sell cross on Oversold zone any up move will again gives good selling....

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