Another series of spikes is expected which can take INDIA VIX to 25.
Weekly chart of the index shows the range between 16-25 for coming months.
High VIX = Inflated premiums on option contracts.
India VIX is a index which measures market expectations of near term .
It indicates the investor's perceptions of the market in near term and is based on Nifty OTM options. Higher the India VIX values, higher the expected and vice-versa.
As the index rises, one should become careful as the market can steeply move into either direction
- Animesh Vashisht