Hello Everyone,
Today India Vix is below 13,
In my view, we can't get a big move and Momentum ,
after 3 might be.
The Day for Sellers not For Buyers.
Here we see the trending line forming from 3 days,
On Friday, we can see Premium decay.
So made some setup, where we can see the movement of nifty in easy expatiation on the chart with Scenario 1 and Scenario 2.
After All the market is bullish!
if the candle closes below 18420. Then it goes down to touch 18370 (but it has to show some momentum and India Vix has come near to 15 )
Let's See Where the Market Goes.
Thanks,
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