Nifty volatility prediction according to the VIX.

Oct 9, 2021

Last week (see my 4th October post) we predicted 17951 on the upside and 17113 on the down side based on the weekly volatility index and this week Nifty made a high of 17941. The up side target was missed just by 10 points. Volatility index only indicates the implied movement of an instrument on either side. Trade should be taken with help of other tools as to which side possible in the current scenario. VIX calculation only indicates the possible target levels.

Oct 14, 2021

Note

Now Nifty is exactly at the predicted upper level.