Monday, August 15, 2011

Trader Guide for 16-Aug-2011

KST  
KST Nifty Futures 5 Min

KST Nifty Futures 60 Min

KST Nifty Futures EOD




Pivot


Nifty Futures closed at 5074.50 below averages and pivots indicating bearish sentiments...  on hourly chart KST indicators now trading in oversold zone need to book shorts on lows.. on EOD chart again KST indicator is supporting shorts on rise.. now chances of whipsaws are 80% so need to wait for longs as well as shorts... book profit on daily basis, now we need to prepare for  the trades volatile or pause moves...

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