India Vix was in range for a year and running between 12.50 to 13 so that there were stability in the market and market was in single up direction..
But since last few days India Vix Rising and which indicates that instability may rise in the market or market may start falling.... Big institutions and big player has started distributing their holdings....
stay...
It was false breakout given by the nifty.
Pushed into the trendline again. One can definitely short the market by keeping a SL exactly at trend point.
Prediction - Nifty can touch and hold 16650 and even more fall if nothing supports the market.
