Tuesday, August 2, 2011

Trader Guide for 03-Aug-2011

KST  
KST Nifty Futures 5 Min


KST Nifty Futures 60 Min


KST Nifty Futures EOD



Pivot




Nifty Futures closed at 5467.45 near and above pivot and averages indicating volatile trades in morning now below 5430 nifty looks weak and for gains nifty need to cross and hold 5480... if we look at charts on hourly chart KST lines are at oversold zone any cross here leads to buying need to close carried shorts here and wait for gains to short again from high or we can buy for short gain. On  EOD chart KST indicator trading in oversold zone it indicating need to wait for reverse our trade from sell on rise to buy on dips on next cross on oversold zone.... till that cross we need continue our short trades with regular profit booking....

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