INDIA VIX cmp 14.40INDIA vix at 14.40 is at good demand zone,,
if manage to sustain above 14.05 on daily closing basis and reverses above can give sharp upmove till levels of 23 and weekly close above 23 would lead to levels of 29 also.
below 14 levels possibilities of falling till 11-10 levels arise, from where reversal can be seen.
read the above condition 2 times and decide what the chart study is to say..
expecting sudden reversal in India vix if conditions matches
INDIAVIX
#Nifty and #INDIAVIX comparison or analysis#Nifty #Nifty50 #VIX #INDIAVIX
16 is a key level on VIX.
If VIX sustains below 16 then market will be #bullish for sure.
Note : I'm not a SEBI registered analyst. Above analysis is only for educational purposes. Do your due diligence before taking any trade.
Bank Nifty Options 27 July 2022As discussed in y'day post Bank Nifty made a low of 36334 closing around support level of 36409 ( refer to y'day post for today's levels ). FII made use of liquidity gap at open to dump nifty futures ( -1.5lac contracts ) and locals had no firepower to take back mkt to highs today , mkt kept sliding till algos stopped selling in mid afternoon.
Decision range
36459-36517
Support for the day
36204
Resistance for the day
36634
Expectations
Trend day , linear move in afternoon
Real time updates
updated in group before mkt opens , details below
India VIX Update 26 July 2022India VIX is trading at crucial levels of 17-18 as we move towards quarterly closing in Sep. Big bear Marker indicator is making higher lows from many weeks and now hesitant to go below 0.5 equilibrium value
Expectations
VIX to rise up to a level of 40+ creating a panic situation in mkt in coming month +- 10 days
Trading such a volatile market will not be an easy job , we will be updating live on platforms as markets unfold some dramatic moves.
How to participate in fast moving markets ::
Details can be found below
NIFTY Possibilities Compared With India VIXEven though the chart is self explanatory, I have tried to compare NSE:NIFTY with NSE:INDIAVIX
Blue line is NSE:INDIAVIX
Brown line is NSE:NIFTY
Dashed red line is trendline support and NF breaking above that
Light yellow line is support line for NSE:INDIAVIX
2 possibilities exist -
1) India Vix continues to trade below or near the support line, and we may see some price stability for NF. Before embarking on the next journey, we may inch higher or consolidate around these levels.
2) The India Vix rises again, and the price begins to fall from its current levels.
Another thing I noticed unfolding on both indices charts is this -
1) NF & BNF on DTF are almost at the upper end of Bollinger Band
2) Trading above 20/50 EMA
3) Both indices have a rising window candlestick gap on DTF ( July 6th and July 7th ) -
a) It is a bullish continuation candlestick pattern
b) A Rising Window candlestick pattern is a 2 candlestick pattern
1) There must be an empty space between the two candlesticks in the pattern where the prices do not overlap
2) Pattern is characterised by a price gap appearing between the first candle's high and the second candle's low
c) It is possible for the first of the two candlestick patterns to have a red coloured real body, however the most likely scenario is two green coloured candlesticks that
make up the pattern ( this has been established with the candles formed on both indices on July 6th and July 7th )
For July 8th, from my limited knowledge, 2 possibilities exist -
1) We fill the gap on the downside and close below the high of July 6th candle. This would nullify the pattern and price may head down again as bears have taken the control during this upmove
2) We go down and close just above the high of July 6th candle without completely filling the gap. If this happens, bullish momentum for the time being should continue
Let's see which way the story unfolds. Happy Trading!
Disclaimer -
- The view expressed here are my personal views. I am publishing this for my own records and what I see on charts.
- If you're referring to this, please consider this ONLY FOR educational & research purposes.
- Past performance is not a guarantee for future predictions
- Any decision you take, you need to take responsibility for the same. DO NOT consider this as an investment suggestion.
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial advisor before investing.
TIA!
Nifty Spot Weekly Outlook 28Feb to Mar 4thAs discussed in Last Analysis Below 16900 low weak made low of 16203 last week.
Falcon Analytics Outlook Nifty 50 for the week (Feb 28 – Mar4)
Technically on the daily charts we see major support on the downside for Nifty50 index lies at 16298 levels,
whereas major resistance on the upside is capped around 17176 levels.
If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 16028/15589 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 17446/17885 .
Currently Nifty50 index is trading Below 200 day MA @ 16913 suggests long term trend is Bearish.
Falcon Analytics predicts range for the week is seen from 16023 on downside and 17446 on upside.
( All Spot Levels)
RESISTANCE 4: 18324
RESISTANCE 3: 17885
RESISTANCE 2: 17446
RESISTANCE 1: 17176
WEEKLY PIVOT LEVELS: 16737
SUPPORT 1: 16298
SUPPORT 2: 16028
SUPPORT 3: 15589
SUPPORT 4: 15150
All above views for education purpose only.
Regards,
MD .
What does the Volatility Index (VIX) indicate you?The volatility index (VIX) is a measure of market volatility, which is why it is called the volatility index. Since a high level of VIX represents a high level of fear in the market and a low level of VIX indicates a high level of confidence in the markets, it is referred to as the Fear Index in common parlance.
The VIX is typically used to measure the near term, and as a result, the VIX is calculated using options expiring in the current month and the following month. The VIX index is based on the assumption that the option premium on key Nifty strikes reflects the implied volatility in the broader market environment.
1. To traders in the equity markets, the VIX is a very valid and realistic indicator of market volatility. The stock traders who engage in intraday trading as well as short-term traders benefit from this information because it allows them to determine whether market volatility is increasing or decreasing. They will be able to adjust their strategy as a result. For example, when the volatility is expected to spike sharply, intraday traders run the risk of their stop losses being triggered quickly, which can be disastrous. As a result, they can either reduce their leverage or increase the size of their stop losses as necessary.
2. The VIX is also a very good indicator for long-term investors, as previously stated. Generally speaking, long-term investors aren't overly concerned with short-term fluctuations in the market. Institutional investors and proprietary desks, on the other hand, are restricted in their ability to take risks and incur MTM losses. When the VIX indicates that volatility is increasing, they can increase their hedges in the form of puts, allowing them to participate in both directions of the market.
3. The VIX index is also a useful indicator for traders who trade options. Typically, the decision to buy or sell an option is based on the volatility of the underlying asset. In situations where volatility is expected to increase, options are likely to become more valuable, and buyers are likely to benefit more from their purchases. When the VIX falls, there will be more wasting of time value, and option sellers are more likely to benefit from the decrease in the VIX.
4. It is also beneficial in the trading of volatility. If you believe that the markets will become more volatile in the near future, one strategy is to purchase straddles or strangles. However, when volatility is expected to increase, these become prohibitively expensive. A better strategy would be to purchase futures contracts on the VIX index itself, which would allow you to benefit from volatility while not having to worry about the direction of the market's movement.
5. The VIX index is a very good and reliable indicator of the movement of the stock market. If you plot the VIX against the movement of the Nifty for the last nine years, since the inception of the VIX, you will notice a clear negative correlation in the charts themselves. As a rule of thumb, markets tend to peak out when the VIX is at its lowest point, and markets tend to bottom out when the VIX is at its highest point. For index traders, this is a useful piece of information.
Now what exactly does the VIX value signify?
Assume the India VIX is 20. This means that traders anticipate 20% volatility over the next 30 days. In other words, traders anticipate that the Nifty will be worth between +20% and -20% more than it is now in the next year over the next 30 days. When market participants are fearful or complacent about the future of the market, the VIX index can be used to determine their level of confidence. The VIX index gives a more precise picture of the market's choppiness.
INDIA VIX ANALYSIS! Hi everyone, India vix analysis & view on 1D chart above 22.8350 vix can go upto 33.3550/43.6700 & big momentum in market can come & market will be high volitile. Options premium will be high this indicates panic will be thier in market Above 33.550 can go upto 43.6700. NSE:INDIAVIX
Private Banks and Reliance paint Ithe indices Red NIFTY 50 EOD ANALYSIS 03-11-21
Here is wishing you and your families Happy Festivities!
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17947.95
H 17988.75
L 17757.95
C 17829.20
EOD - -59.75 points / -0.33%
India VIX = 16.13 / -5.45%
SGX Nifty 03-11-21 @ 1855h = -14 points
FII DII = Not yet updated. It is likely to be Net negative as FIIs keep selling every rise.
CHART BASED CONCLUSIONS using 5 Minutes Chart
Nifty opened with a decent gap up and attempted to retest 18000 levels but was shown the downside at 17988 itself and it could never gather enough buying at lower levels to retest the day high.
It then took support the opening low and rallied a bit but then soon after 1100h, the infamous sell-off commenced and in the first round it broke 17800 by a few points and then rallied almost 100 points.
Thereafter it again fell almost 150 points and breached 17800 on the downside and made a low of 17757. Late recovery in Reliance helped Nifty close above 17800.
NIFTY WEIGHT LIFTERS & DRAGGERS
Top 5 Lifters contributed = 74
Top 5 Draggers contributed = 113
Net = -39
POSITIVES
Nifty somehow managed to end above 17825.
SBIN post its result ended in the green.
LT made its presence felt today withstanding the selling pressure with robustness and was up 4%.
Infosys and TCS ended in the green.
NEGATIVES
The inability of Nifty to hold on to the opening gains indicates that there is weakness in-store and unless that excess supply is taken out, Nifty is likely to keep facing this kind of behavior.
The above were my words for yesterday and regrettably, today was no different.
Reliance and private banks maintained the pressure on indices throughout the day and especially in the PM session.
Bank Nifty fell 850 points from the day high and ended 500+ points lower than the previous close which is not a good sign.
TRADING RANGE FOR 04 November 2021 - The trading session is only for 60 minutes.
Nifty Support 17600-17700
Nifty resistance 17900-17950-18000-18100
Bank Nifty Support 39000-200
Bank Nifty Resistance 39600-800-40000.
INSIGHTS / OBSERVATIONS
Red is considered to be an auspicious color, but not in the financial world! However, indices were painted in red ahead of the Muhurat Trading which is not a good sign.
Looks live a Maths wizard is driving Nifty Algo as Nifty high for the day was 100 points higher than the previous close and Nifty close for the day was 100 points lower than the close of 01-11-21.
SBIN became an exceptional scrip as it was the only Bank Nifty member that ended in the green and that too post its results.
Indices have also been quite disciplined in following the FIB levels - the key point is when would they take these levels as support and when as resistance is difficult to make out.
HDFC Bank is losing its shine as it behaves like a cranky child who holds the key to happiness within the family of Bank Nifty.
It was unusual to see Kotak Bank also join the peers in ending the ongoing Samvat Year in red.
I am unable to understand what India Vix stands for and how would it go down despite the volatility is very high with very fast moves and wide spreads? It fell 5% today when there was bloodbath all over in the PM session.
What do you feel about this?
Here is the video link --
Thank you, and Happy Money Making!
Umesh
03-11--21
NOTE --
This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right.
---
INDIAVIX Breaking out of Resistance?INDIAVIX has breached its support and resistance zone of 18. If this breakout is real, VIX may turn toward the 18-25 zone which would put bearish pressure on Indian equities and indices. We will find out in coming days whether this breakout is real or if it is a fake out.
Interesting correlation between Nifty and India VIX 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.
INDIAVIX at Crucial SupportINDIAVIX has reached its almost year-long support on the Daily chart. Do we see further cooling off in VIX, translating to further rise in Nifty? Or do we see a mean reversion in VIX leading to fall in Nifty from its life-highs? We will be watching out for sure.
Note: We published on 7 Mar when VIX reached the top of this resistance zone and it has successfully cooled off since then (link attached).
VIX ANALYSISA head and shoulder kind of pattern can be seen on the weekly charts of INDIA VIX, suggesting downward trend of INDIA VIX. (OPEN THE CHART FOR DETAILED VIEW)
INDIA VIX is a kind of indicator/index that measures volatility in the markets. Lower/Degrading VIX shows bull run in the markets. Higher/Upgrading VIX suggests bear run in the markets.
According to the weekly charts, a head and shoulder type of pattern can be seen. Head and shoulder pattern suggests downward trend in the market.
This shows that there are high chances of a good bull run in coming weeks. Hence, one can look for buying opportunities.
Remember, flat charts of VIX shows indecisive markets, and flat markets. Hence, one needs to be really stock-specific if there is a flat trend on INDIA VIX charts.
Thanks
FOLLOW IF YOU LIKED THE ANALYSIS. LET ME KNOW IN THE COMMENTS WHAT YOU THINK ABOUT THIS.
INDIAVIX at Resistance on Daily ChartINDIAVIX is standing at 25 resistance on the daily chart. VIX has risen significantly in the last two week bear run. Will we see VIX further breaking 25 resistance and hence further fall in the Indian indices, or will there be cooling of the VIX supporting a bullish stock market move?
Increased volatility is expected during the budget day on 1 Feb so VIX may go higher than 25 intraday or even by EOD on Monday. Price action post Monday in the coming week will be decisive factor.