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    India VIX closed at 40.85 prev 37.65, increased by 8.5% suggests
    INSTABILITY
     
    DO NOT TRADE WITHOUT STOPLOSS....

    Global Markets
    US Markets Closed Positive Positive
    Asian Markets Trading Positive Positive
    SGX Nifty Trading at 4555 +88 pts

     

    Positional strategy for NIFTY
    Genie's Strategy

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

     

    Genie's Pick for the day
     
    Uptrend LUPIN PATNI BPCL
    Downtrend IRB MCDOWELL TECHM

     

    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): 32 --- RSI (14 D): 51 --- Williams R: 29

    S 2 S 1 Pivot R 1 R 2
    4384.45 4432.90 4512.40 4560.80 4640.30