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    Genie's Technical Outlook - 22/3/2010

    India VIX closed at 17.75 prev 17.97, decreased by 1.% 
     
    DO NOT TRADE WITHOUT STOPLOSS.... 


    Global Markets

    US Markets Closed NegativeNegative
    Asian MarketsTrading Negative  Negative
    SGX Nifty Trading at 5184-85 pts

     

    Positional strategy for NIFTY
     

    Genie's Strategy

    Sell On Rise


    Todays Closing S/LLong 5050
    Todays Closing S/L Short5250

     

    Genie's Pick for the day
     

    UptrendBEL APOLLO TYRESBHARTI
    DowntrendMOSERBAER WOCKPHARMAHDFC

     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

    S 2 S 1 Pivot R 1 R 2
    5223.75 5243.25 5256.60 5276.10 5289.45