I have noticed this correlation between Nifty and Indiavix.
1. Whenever there is a spike in volatility and volume, that seems to mark the bottom for Nifty.
2. This theory seems to be holding for the last 7-8 months.
3. Currently, we are facing a similar kind of situation. The Vix has spiked and the price is tanking.
4. If the theory holds its value, the bottom may be reached soon.
5. However, this is just a probability like every other theory. Hence, we will have to wait and see it out.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Whenever there is a spike in volatility and volume, that seems to mark the bottom for Nifty.
2. This theory seems to be holding for the last 7-8 months.
3. Currently, we are facing a similar kind of situation. The Vix has spiked and the price is tanking.
4. If the theory holds its value, the bottom may be reached soon.
5. However, this is just a probability like every other theory. Hence, we will have to wait and see it out.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I build communities where traders feel understood and supported. 🔥
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.