abhishekvashisht57

India Vix is rising up and moving averages converging

NSE:INDIAVIX   India VIX Index
Moving averages 20,50,100,200 have converged upwards and 20 EMA has gone above 50 EMA and now touching 100 EMA. markets usually see a correction when volatility increases beyond 24 VIX and 20 EMA is above all other EMA. we have to wait and see if that happens in the next 2-3 weeks.
Comment:
There is a clear divergence in RSI in July month.
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