Wednesday, August 10, 2011

Trader Guide for 11-Aug-2011

KST  
KST Nifty Futures 5 Min


KST Nifty Futures 60 Min


KST Nifty Futures EOD




Pivot


Nifty Futures Closed at 5148.00 below pivot and averages again creating some troubles for bulls on hourly chart Trend indicator attempting sell, need to wait for longs.... and if gap down happens again it may gives a chance to enter longs for Intraday trades for smart profits if we look on Daily Chart now there is some movement now clearly visible, so need to watch this chart carefully it may give proper direction to our trade because if it generates buy and holds we need to reverse our trade and now here its sell with caution and attempting to generate buy... so am awaiting a pause movement for next 2 days and if we face any selling now nifty may try to take support bounce from 49xx and from past few days it means we are safe till it holds 49xx.... Buy for smart gain  and Sell on rise continues with Caution!!!....

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