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    22/06/09

    India VIX closed at 48.95, decreased by 10% suggests stability.
    US markets closed in green.
    Asian markets trading mixed.
    SGX NIFTY trading at 4335. UP 9pts

    Positional strategy for NIFTY

    Genie's Strategy - Stay Neutral at this level Buy at 4090 & 4150 s/l 3980

    CLOSING S/L FOR LONG 4250
    CLOSING S/L FOR SHORT 4380

    Nifty Technicals
    RSI (5 D): 34 --- RSI (14 D): 51 --- Williams R: 22

    S 2S 1PivotR 1R 2
    4162.654238.054282.154357.554401.65

    Genie's Stock Pick of the day

    Uptrend : Suzlon, GDL, ABGShip

    Downtrend : Shobha, Orchid, OrbitCorp