INDIA VIX AT MAKE OR BREAK LEVEL, CAUTION FOR CRASH?

Oct 20, 2021

INDIA VIX at 18.31.At the verge of cup&handle as well as Range breakout if cross 19.39. Then next level is 29(top blue line). this level occurred 0n 11th Mar,2020 precipitating in March,2020 market crash. Now if it takes resistance at 18.86( and RSI (2) at over bought level) comes down , then relief. If breakout occurs and reaches 29,then we may be close to market top and possible big correction in the offing