Sunday, September 4, 2011

Trader Guide for 05-Sep-2011

KST  
KST Nifty Futures 5 Min

KST Nifty Futures 60 Min


KST Nifty Futures EOD


Pivot



Nifty Futures closed at 5046.70 above pivot and averages indicating bullish sentiments on 1st look  On hourly chart we can observe bears tried to attack on nifty but failed to take control from bulls and may be they will try again... as on hourly chart KST indicator is now trading at overbought zone an it indicates to wait for longs and wait for a dip to enter in longs... On EOD KST Indicator is reaching towards 0 line and both lines are not aligned so we may see a selling or we can expect range trading days... wait for a dip to enter in longs.....

No comments:

Post a Comment