Wednesday, July 13, 2011

Trader Guide for 14-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
5508.97 5529.48 5568.87 5589.38 5628.77 5649.28 5688.67


Camarilla Pivot Points
L4 L3 L2 L1 Pivot H1 H2 H3 H4
5575.31 5591.78 5597.27 5602.76 5589.38 5613.74 5619.23 5624.72 5641.19

Nifty Futures closed at 5608.25 above pivot and averages indicating bulls again trying to gain Control over market.... on hourly chart KST lines reaching 0 line from oversold zone and any cross from overbought zone again supports selling  need to close longs  at cross on overbought zone and if we look at EOD chart now KST lines are now attempting buy cross on overbought zone which is now misleading sell on rise so we need to careful for selling... wait for sure sell signal to sell again in morning.....

No comments:

Post a Comment