Tuesday, August 23, 2011

Trader Guide for 24-Aug-2011

KST  
KST Nifty Futures 5 Min

KST Nifty Futures 60 Min


KST Nifty Futures EOD


Pivot



Nifty futures closed at 4944.95 above pivots and averages...indicating good sentiments for bulls... if we look on charts.... on hourly chart  KST Indicator now reached Overbought zone any cross here again leads and supports selling so need to close our longs if cross happens here... on EOD chart Now KST Indicator holding buy cross on oversold need to watch day action, if this cross holds we need to reverse our trades, but be careful about trades.. Use Strict Stop loss,  I think now pressure is on both side, volatile day is expected...

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