Monday, August 29, 2011

Trader Guide for 30-Aug-2011

KST  
KST Nifty Futures 5 Min




KST Nifty Futures 60 Min




KST Nifty Futures EOD





Pivot



Nifty Futures closed at 4939.55 above pivots and averages  indicates bulls are now active after long gap... on charts... hourly chart is now reached overbought zone, any cross here leads selling again... till a cross on overbought zone longs remains safe on EOD its a buy now but KST indicator is need to be align its height so we can expect small correction and selling is possible only from hourly chart... on EOD KST indicator now indicating buy.. wait for 2-3 days for clear indication for buy...

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