December 9th 2021 Nifty resistance = 17600 support = 16700 expecting volatility of 2.7% Up/down VIX = 20 --> Market movements = IV/7.22 = +/2.7%
December 30 Nifty resistance = 18200 ~ 5.7% topside Support = 16200 ~ 5.7% downside Expecting volatility of 5.75% up/down VIX = 20 --> Market movements = IV/3.5 = +/-5.7%
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December 3 :VIX = 18.45(+2%) My Nifty volatility analysis is still intact Index running between the weekly range... All thanks to FII selling !! Happy weekend