Low made 9322.65
Avg closing price for the day might come higher as it will take in to account Weighted Avg traded price in last half an hour.
Take care & Happy trading...!!!
Made a low of 9300
Booked 50% profit and revised SL to cost for balance
Take care and happy trading...!!!
which is lower than the usual lower limit for the Volatility index.
Usually it ranges between 12.5 - 20 with occasional spikes to 25 and above at least once a year on the upside and occasional dips towards 11
Volatility has inverse co-relation with Nifty and when Volatility is down Markets tend to move higher and vice-versa.
We need uptick movement in Volatility index to short Nifty with confidence...Watch out for volatility index...!!!