Trader Guide for 12-Aug-2011

KST  
KST Nifty Futures 5 Min

KST Nifty Futures 60 Min

KST Nifty Futures EOD

Pivot

Nifty Futures closed at 5128.00 below averages and pivots not a good sign for bulls and much awaited volatility is visible on market and Nifty needs volatility to change its current direction... if we look at charts on hourly charts, again a sell cross visible, one need to wait with little quiet atmosphere to go long and we may continue our shorts till visible cross on oversold.... On daily chart trend indicator again supporting down... and witnessing bulls attempt to take control on Nifty and now it indicates Nifty is supporting shorts with cautions.. Book Profit regularly....