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    India VIX closed at 38.19 prev 40.85, decreased by 6.51%

    NIFTY - RSI (5 D): 28 --- RSI (14 D): 48 --- Williams R: 16 

    Buying at lower level is expected
     
    DO NOT TRADE WITHOUT STOPLOSS....

    Global Markets

    US Markets Closed Negative Negative
    Asian Markets Trading Negative - Flat Negative
    SGX Nifty Trading at 4409 +21 pts

     

    Positional strategy for NIFTY
    Genie's Strategy

    Buy at lower level

    LONG
    Todays Closing S/L Long 4350
    Todays Closing S/L Short 4650

     

    Genie's Pick for the day
     
    Uptrend HINDOIL PATNI TCS
    Downtrend M&M 3IINFOTECH BAJAJAUTO

     

    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): 28 --- RSI (14 D): 48 --- Williams R: 16

    S 2 S 1 Pivot R 1 R 2
    4304.00 4370.75 4466.65 4533.40 4629.25