Sunday, November 13, 2011

Trader Guide for 14-Nov-2011

KST
Nifty Futures 5 min


Nifty Futures 60 min


Nifty Futures EOD

 Pivot

India VIX
 

 



Nifty Futures Closed at 5199.50 above Pivot and Averages indicating it may try to move towards 5223 and 5246. India VIX up by 1.81% from previous close indicates volatility is increasing and may support bears VIX is now above 200 DMA which supports gains on VIX and may supports bears on Nifty,  On nifty Futures hourly chart KST Indicator is holding buy from oversold zone and it may reach overbought  zone and we may expect sell from there if sell cross is visible, close carried longs and may try shorts on highs there... as on EOD chart KST Indicator holding Sell cross on overbought zone and it may indicates wait for highs to sell again from bounce....

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