Thursday, October 13, 2011

Trader Guide for 13-Oct-2011

Nifty Futures 5 min


Nifty Futures 60 min


Nifty Futures EOD




Nifty Futures closed at 5114.85 closed above averages indicating bulls are taken total grip on nifty on charts on hourly chart KST Indicator reached over bought zone we need to close carried longs if sell cross visible here and wait for dip to enter again on long side... on EOD chart we notice KST indicator is reaching overbought  zone very quickly and without interruption and now both lines are not similar we may expect range-bonds or small selling  here... it is times need to align both lines.... buy on dip continues.....

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