India VIX closed at 43.15 prev 42.54, increased by 1.43% suggests instability
[Not much of an impact]
| Global Markets | ||
| US Markets | Closed Positive | Positive |
| Asian Markets | Trading Positive | Positive |
| SGX Nifty | Trading at 4368 | + 29pts |
Positional strategy for NIFTY
| Genie's Strategy | Hold Long | 4252 |
| Todays Closing S/L | Long | 4250 |
| Todays Closing S/L | Short | 4444 |
Genie's Pick for the day
This segment is for Traders who make most of the oppurtunities who does more entry and exit
Uptrend : NIIT, ESCORTS, EDUCOMP
Downtrend : CIPLA, TV18, MPHASIS
we reiterate Educomp was given yesterday also. Went up almost Rs.400.
Maintain appropriate S/L for all the positions.
Nifty Technicals
RSI (5 D): 51 --- RSI (14 D): 52 --- Williams R: 36
| S 2 | S 1 | Pivot | R 1 | R 2 |
| 4205.00 | 4272.90 | 4317.60 | 4385.50 | 4430.20 |