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 |