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 |