Tuesday, July 12, 2011

Trader Guide for 13-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
5396.32 5449.23 5487.62 5540.53 5578.92 5631.83 5670.22


Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5475.78 5500.89 5509.26 5517.63 5540.53 5534.37 5542.74 5551.11 5576.22



Nifty Futures Closed at 5526 below pivot and averages indicating bearish sentiments on market continues and if we look at chart now.... on hourly chart KST attempting buy so need to wait for selling and it indicating to close our shorts (part booking) and wait for overbought zone for selling again from highs and EOD chart indicating pure sell.... so need to sell on every gain till next cross on oversold zone........

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