India VIX closed at 17.73 prev 19.59, decreased by 9.49% which implies stability.
DO NOT TRADE WITHOUT STOPLOSS....
| Global Markets | ||
| US Markets | Closed Positive | Positive |
| Asian Markets | Trading Mixed | Positive |
| SGX Nifty | Trading at 5245 | +1.5 pts |
Positional strategy for NIFTY
| Genie's Strategy | Buy at lower levels | Long |
| Todays Closing S/L | Long | 5180 |
| Todays Closing S/L | Short | 5290 |
Genie's Pick for the day
| Uptrend | CIPLA | BIOCON | ASIANPAINTS |
| Downtrend | MCDOWELL | UNITECH | MARUTI |
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 5199.60 5215.70 5238.10 5254.20
5276.60

