Nifty 50 vs India VIX - Time to be cautious

Nifty 50 IndexNSE

Description

⋅ May 10, 2021 4:02 PM

In Mar and Apr 2021, Nifty has given a good move when India VIX comes closer to 20.
India VIX is falling from last 5 days, and now it is near 20. We can expect a good move in coming 1-2 days

Beyond Technical Analysis

Comments

GautamShivhare

⋅ May 10, 2021 4:19 PM

plz explain vix? how it works?

AyushSagar

⋅ May 10, 2021 4:32 PM

@pleasantChart94468, VIX stands for volatility index, which is calculated based on option prices. It depicts the expected market volatility.

GautamShivhare

⋅ May 10, 2021 5:06 PM

if it's below 20 ...that means

GautamShivhare

⋅ May 10, 2021 5:07 PM

negative.. and market will be down