India VIX closed at 35.83 prev 36.64, decreased by 2.21%
Nifty Entered the Gap, which it made earlier after the election result. Genie advises you to be Cautious on your long positions
| Global Markets | ||
| US Markets | Closed Mixed | Negative |
| Asian Markets | Trading Negative | Negative |
| SGX Nifty | Trading at 3923 | -49 pts |
Positional strategy for NIFTY
| Genie's Strategy | NEUTRAL | |
| Todays Closing S/L | Long | 3850 |
| Todays Closing S/L | Short | 4150 |
Genie's Pick for the day
| Uptrend | MRPL | STER | BOSCHLTD |
| Downtrend | BAJAJHIND | JPHYDRO | SREINTFIN |
This segment is for Traders who make most of the oppurtunities who does more entry and exit
Maintain appropriate S/L for all the positions.
Nifty Technicals
RSI (5 D): 23 --- RSI (14 D): 38 --- Williams R: 5
| S 2 | S 1 | Pivot | R 1 | R 2 |
| 3883.80 | 3943.80 | 4036.85 | 4096.90 | 4189.90 |

