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    Genie's View - 26 Mar 2010

    India VIX closed at 17.05 prev 18.13, decreased by 5.96%

    Global Markets

     

    US Markets

    Closed Negative

    Negative

     

     

    Asian Markets

    Trading Mixed

    Negative

     

     

    SGX Nifty

    Trading at 5263

    -14 pts

     

    DO NOT TRADE WITHOUT STOPLOSS....

     

    Positional strategy for NIFTY

     

    Genie's Strategy

    Sell On Rise

     

     

    Closing S/L for Long

    5150

     

     

    Closing S/L for Short

    5320

     

     

    Genie's Stock Pick for the day

    Uptrend

    PATNI

    RPOWER

    HEROHONDA

    Downtrend

    SYNDIBANK

    CHENNPETRO

    MCDOWELL

     This segment is for Traders who make most of the opportunities who does more entry and exit

    Maintain appropriate S/L for all the positions

    Nifty Technical

    S2

    S1

    Pivot

    R1

    R2

    5179.2

    5219.8

    5243.55

    5284.15

    5307.9

     

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