India VIX closed at 36.8 prev 40.65, decreased by 9.01% suggests
STABILITY
DO NOT TRADE WITHOUT STOPLOSS.... Mkts - OVERBOUGHT Levels !!!
Global Markets | ||
US Markets | Closed Negative Flat | Negative |
Asian Markets | Trading Flat Mixed | Negative |
SGX Nifty | Trading at 4686.5 | + 10pts |
Positional strategy for NIFTY
Genie's Strategy | Buy at lower levels | Neutral |
Todays Closing S/L | Long | 4420 |
Todays Closing S/L | Short | 4790 |
Genie's Pick for the day
Uptrend | UTVSOFT | INDIACEM | LAXMIMACH |
Downtrend | PUNJLLOYD | YESBANK | BIOCON |
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): 72 --- RSI (14 D): 64 --- Williams R: 90
S 2 | S 1 | Pivot | R 1 | R 2 |
4596.00 | 4638.25 | 4684.85 | 4727.10 | 4773.70 |