Keep an eye on VIX

Nifty to trade in the range 4770 to 4885.

India Vix is @ 31.90..closed above 30 after 6 monhs sep 2009.

Pivot Point

R3 4950

R2 4915

R1 4880

PP 4843

S1 4807

S2 4771

S3 4736

trendz

Week: down

Day : down

Hour : up (down below 4775)

30 Min: down (Up above 4885)

15 Min : down (up above 4880)

Option Pain indicates Nifty to expire between 4800 to 5000 in feb series.

as of 18 feb

Short 5000 CE : 26

Short 4800 PE : 30

Total : 56 Points

current values

5000 CE : 10

4800 PE : 36

Total : 46 Points (profit 10 points)

thanks