India VIX closed at 36.47 prev at 34.05, increased by 7.11suggests INSTABILITY
| Global Markets | ||
| US Markets | Closed Mixed | Neutral |
| Asian Markets | Trading Positive | Positive |
| SGX Nifty | Trading at 4603 | +25pts |
Positional strategy for NIFTY
| Genie's Strategy | Book Profit in Nifty | Neutral |
| Todays Closing S/L | Long | 4444 |
| Todays Closing S/L | Short | 4630 |
Genie's Pick for the day
| Uptrend | BHARATFORGE | AMTEKAUTO | NIITLTD |
| Downtrend | UNION BANK | INDIAINFO | PNB |
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): 74 --- RSI (14 D): 62 --- Williams R: 98
| S 2 | S 1 | Pivot | R 1 | R 2 |
| 4476.80 | 4522.65 | 4550.70 | 4596.50 | 4624.55 |

