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    India VIX closed at 40.65 prev 39.21, increased by 3.67% suggests INSTABILITY
    DO NOT TRADE WITHOUT STOPLOSS.... RSI at 81... OVERBOUGHT !!!

    Global Markets
    US Markets Closed Positive Positive
    Asian Markets Trading Positive Positive
    SGX Nifty Trading at 4728 -2pts


    Positional strategy for NIFTY

    Genie's Strategy

    Buy at lower levels

    		 Neutral
    Todays Closing S/L Long 4480
    Todays Closing S/L Short 4790

     
    Genie's Pick for the day
     

    Uptrend BHARATFORG AMTEKAUTO BIOCON
    Downtrend DIVISLAB SUZLON UTVSOFT

    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): 81 --- RSI (14 D): 66 --- Williams R: 98

    S 2 S 1 Pivot R 1 R 2
    4578.30 4644.85 4684.30 4750.85 4790.30