Trader Guide for 17-Aug-2011

KST  
KST Nifty Futures 5 Min

KST Nifty Futures 60 Min

KST Nifty Futures EOD

Pivot

        Nifty Futures closed at 5040 again a bearish sentiment as nifty closed below averages and Pivot.... on charts, hourly chart is trying to gain if cross happens and holds we need to close shorts and need to buy for gains and wait for shorts till it reaches overbought zone... on EOD there is no signal for buy so wait for reversing trades and continue shorts as sell on rise basis but now there is extreme caution for shorts too if gain picked up from here...