Thursday, June 23, 2011

Trader Guide for 24-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
5202.00 5232.60 5275.80 5306.40 5349.60 5380.20 5423.40


Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5278.41 5298.71 5305.47 5312.24 5306.40 5325.76 5332.53 5339.29 5359.59


Nifty Futures Closed at 5319 above averages and above pivot suggesting nifty is in some recovery supported by options as call options closed above averages and put options closed below averages... if we look at charts... on hourly chart KST lines are trading above 0 line (Baseline) at overbought zone any cross here brings selling pressure on nifty and if nifty gains it will trade volatile as KST lines are now attempting cross on oversold zone....

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