India VIX closed at 18.73 prev 17.89, increased by 4.70% | ||||
Global Cues | ||||
US Markets | Closed Positive | Positive | ||
Asian Markets | Trading Positive | Positive | ||
SGX Nifty | Trading at 5323 | +2 pts | ||
Positional strategy for NIFTY | ||||
Genie's Strategy | Nifty to sustain 5320 for long | |||
Closing S/L for Long | 5220 | |||
Closing S/L for Short | 5389 | |||
Genie's Stock Pick for the day | ||||
Uptrend | LICHSGFIN | GLENMARK | MUNDRAPORT | |
Downtrend | APOLLOTYRE | MPHASIS | PATNI | |
Nifty Technical – Intraday support and resistance | ||||
S2 | S1 | Pivot | R1 | R2 |
5204.05 | 5253.45 | 5291.5 | 5340.85 | 5378.9 |
Maintain appropriate S/L for all the positions |
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Market Outlook
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