Monday, October 10, 2011

Trader Guide for 11-Oct-2011

KST
KST Nifty Futures 5 Min

KST Nifty Futures 60 Min

KST Nifty Futures EOD


Pivot

Nifty Futures Closed at 5000 above pivot and averages indicating bulls are now fully active on hourly chart KST Indicator is reached over ought zone and no sell is visible so we can carry longs till fresh cross on overbought zone.... and we may try intraday shorts if we get sell cross here... On EOD chart KST Indicator is holding buy from oversold zone and we need confirmation again from hourly chart... if we get selling on hourly it may again gives reversal or whipsaw on long... better suggestion is trade intraday as per trend changes.. wait to reverse our trade from sell on rise to buy on dips

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