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    19/06/09
     
    India VIX closed at 54.49 Prev close - 62.05 decreased by 7.56% implies uncertainty and weakness
    US markets closed Positive
    Asian markets trading Mixed and Flat.
    SGX NIFTY at 4299. +17pts

    Positional strategy for NIFTY
    Genie's strategy   BOOK SHORT AND STAY NEUTRAL at 4180 & 4150 levels
    CLOSING S/L FOR LONG    4250
    CLOSING S/L FOR SHORT   4518
     
    Genie's Pick for the day
     
    STOCKS IN UPTREND         :   MINDTREE, MPHASIS, STAR
    STOCKS IN DOWNTREND   :   SUZLON ,  ABAN, JSWSTEEL

    Technicals & Imp levels for NIFTY

    RSI (5 D): 23 --- RSI (14 D): 49 --- Williams R: 6

    S 2 S 1 Pivot R 1 R 2
    4129.75 4190.55 4282.95 4343.75 4436.10