INDIAVIX: Potential Movement
Updated
INDIA VIX: It is measure the future volatility and used for hedging. Low volatility means Stock or Index will up but slowly & High volatility means Stock or Index will sharp down.
Due slowly increase VIX but Nifty, Sensex, Bank nifty near to Double Top, so there is the possibility market will react (Mar 2017-Jun 2017), Mostly Bank nifty highly overbought (Bank restructure due to Bad loans, May some Political issues).
Due slowly increase VIX but Nifty, Sensex, Bank nifty near to Double Top, so there is the possibility market will react (Mar 2017-Jun 2017), Mostly Bank nifty highly overbought (Bank restructure due to Bad loans, May some Political issues).
Trade active
Buy INDIA VIX 13.20-14.10 Tgt 17-21 SL 12.60Note
Alert: Sharp correction will start
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.