India VIX closed at 43.88 prev 43.15, increased by 1.6% suggests instability
[Not much of an impact]
| Global Markets | ||
| US Markets | Closed in RED | Negative |
| Asian Markets | Trading Negative | Negative |
| SGX Nifty | Trading at 4291 | -42pts |
Positional strategy for NIFTY
| Genie's Strategy | Hold Long | 4252 |
| Todays Closing S/L | Long | 4250 |
| Todays Closing S/L | Short | 4398 |
Genie's Pick for the day
This segment is for Traders who make most of the oppurtunities who does more entry and exit
Uptrend : HAVELLS, TORRNTPOWER & GAIL
Downtrend : BANKBARODA, INDIAINFO & EVERONN
Maintain appropriate S/L for all the positions.
Nifty Technicals
RSI (5 D): 52 --- RSI (14 D): 53 --- Williams R: 45
| S 2 | S 1 | Pivot | R 1 | R 2 |
| 4245.50 | 4297.15 | 4340.40 | 4392.00 | 4435.25 |