viks.gupta9894

INDIAVIX: Potential Movement

Long
NSE:INDIAVIX   INDIA VIX
2
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).
Trade active: Buy INDIA VIX 13.20-14.10 Tgt 17-21 SL 12.60
Comment: Alert: Sharp correction will start

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