24/06/2009
India VIX closed at 48.23, prev close 47.93 increased by 1.5% suggests instability.
US markets closed mixed.
Asian markets trading mixed.
SGX NIFTY trading at 4265 (UP 35 pts)
Positional strategy for NIFTY
GENIE'S STRATEGY— HOLD SHORT. SELL ON RISE
CLOSING SL FOR LONG 4150
CLOSING SL FOR SHORT 4320
US markets closed mixed.
Asian markets trading mixed.
SGX NIFTY trading at 4265 (UP 35 pts)
Positional strategy for NIFTY
GENIE'S STRATEGY— HOLD SHORT. SELL ON RISE
CLOSING SL FOR LONG 4150
CLOSING SL FOR SHORT 4320
Genie's Pick of the day : Stocks to Watch
UPTREND : GDL, INDUSINDBK, GTOFFSHORE
DOWNTREND : BAJAJHIND, APTECH, HCLINSYS
NIFTY TECHNICALS
RSI (5 D): 30 --- RSI (14 D): 48 --- Williams R: 18
S 2 | S 1 | Pivot | R 1 | R 2 |
4098.80 | 4172.80 | 4220.15 | 4294.15 | 4341.45 |