India VIX closed at 37.38 prev 36.17, increased by 3.35% suggests instability
Global Markets | ||
US Markets | Closed Negative Flat | Neutral |
Asian Markets | Trading Mixed | Neutral |
SGX Nifty | Trading at 4081 | +16pts |
Positional strategy for NIFTY
Genie's Strategy | Buy at lower levels | |
Todays Closing S/L | Long | 3890 |
Todays Closing S/L | Short | 4226 |
Genie's Pick for the day
This segment is for Traders who make most of the oppurtunities who does more entry and exit
Uptrend | BEML | BPCL | INDUSINDBK |
Downtrend | ABAN | JSWSTEEL | CANBK |
Maintain appropriate S/L for all the positions.
Nifty Technicals
RSI (5 D): 27 --- RSI (14 D): 41 --- Williams R: 4
S 2 | S 1 | Pivot | R 1 | R 2 |
3997.20 | 4038.00 | 4101.90 | 4142.65 | 4206.50 |