Monday, July 11, 2011

Trader Guide for 12-Jul-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
5543.33 5574.22 5597.23 5628.12 5651.13 5682.02 5705.03

Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5590.61 5605.43 5610.37 5615.31 5628.12 5625.19 5630.13 5635.07 5649.89


Nifty futures closed at 5620.25 below pivot and averages indicating bearish sentiments continues... and if we look at charts hourly chart indicating volatility as there is turn for buy is happening at KST lines and EOD is now indicating Sell on rise so we need to watch... if market unable to gain it will turn bearish from bullish.... and we may need to reverse our trade from buy on dips to sell on rise if nifty manages to hold this cross....

VIX chart is on my Wordpress blog click here to view VIX charts

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