Genie's View - 5/6/09
- India VIX closed at 41.31, increased by 1% suggests instability.
- US markets closed in green.
Asian markets trading mixed.
Sgx nifty trading at 4617. (Up 32) - Positional strategy for nifty
IDEAL STRATEGY—LONG.
CLOSING S/L FOR LONG—4444.
CLOSING S/L FOR SHORT—4586
- RSI (5 D): 84 --- RSI (14 D): 77 --- Williams R: 98
| S 2 | S 1 | Pivot | R 1 | R 2 |
| 4407.30 | 4489.90 | 4536.05 | 4618.65 | 4664.80 |