Sunday, August 28, 2011

Trader Guide for 29-Aug-2011

KST  
KST Nifty Futures 5 Min


KST Nifty Futures 60 Min


KST Nifty Futures EOD



Pivot



Nifty Futures Closed at 4747.60 below pivots and averages 1st cue indicating bearishness... if we look at charts... on hourly chart now KST Indicator is attempting for a buy if this cross happens in morning we need to close our shorts.. and try for a Intraday long with stop-loss on lows... till a cross on oversold shorts remains safe.... On EOD chart there is now sell and as said in some previous posts its a whipsaw period for both sides..... close your positions daily basis... instead of trading for long period trade for the day with smaller profits... if we get clear buy sign we need to reverse our trade from sell on rise to buy on dips but need and watch 2-3 days action for clear trend...

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