Monday, August 22, 2011

Trader Guide for 23-Aug-2011

KST  
KST Nifty Futures 5 Min


KST Nifty Futures 60 Min


KST Nifty Futures EOD



Pivot



Nifty Futures Closed at 4914.00 above Pivots and Avarages now need to think about longs as both 1st basic cues are on positive side now.... holding and trading above 4962 will be change current trend and it may again leads towards 5200+ and now 4846 will work as support... on charts hourly chart is now holding buy cross and now KST indicator is trading at at oversold zone and trying to reach 0 line we need to wait for shorts and continue buy till cross on overbought zone... On EOD Now KST Indicator attempting buy cross on oversold need to wait for clear signal for reverse the trades it may test flat or volatile trade for 2-3 days till then its a sell on rise and book profit regularly.... (Use Strict Stop loss on both side)

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