Reason for long a) channel break out b) Right shoulder development in HSP c) Indicator support d) vix consolidation instead of immediate reversal e) FII buying f) index and sectorial support SL compulsory
With India vix at lower levels where it took support and bounced multiple times to levels of 15 to 16. Cautious going long on both indexes from current levels and PCR levels are also 1.4 usaual profit booking happens around 1.5 to 1.6 levels who ever are in long that will bring fall in indexes. This is only my view trade accordingly with price action and levels .
India VIX is trading near its support level i.e. 11-12. Fresh long should not be initiated at this level. Better is to wait for correction.
Historically whenever VIX has been low as marked by the level shown in the chart, BankNifty has gone for a correction. Will history repeat itself?
So from last week india vix was below 13, which means option prices were not moving due to the low of india vix. So today nifty fall and after falling it was in a tight range of 70 points between 17800 and 17720 levels. We can expect a trending move as well as a range-bound market. So if it opens in a 70 points range and breaks the 17800 level we can expect the...
~Nifty may take a sharp up move from the current level. ~Nifty's daily chart and India vix is giving the indication. ~Lets see what happens next week.
India VIX has given breakout of double bottom on daily time frame. Can expect more fall if sustain above breakout level. Longs need to be avoid.
Dalal Street News Update ✅ Index fell after the worsening of the Covid situation in China and a sudden surge of cases in the United States, Korea, Brazil, and Japan. India VIX increased by 13%. ⚠️ 🆘Nifty 50 (-1.01%) -1.71% Bank Nifty Nifty 50: ✔️ The Nifty opened positively, but the bulls were unable to hold the 18450 level. It almost tumbled 311 points from...
We see India VIX at lower range of 13- In past market has formed a top at these levels and then market showed correction. Lets wait and see what happens this time
India VIX is forming negative divergence on daily time frame. Seems we can expect some volatility.
DJI's significant "Strong Weekly Closing" confirmed breakdown. Besides this, extreme volatility spurt in VIX too signaling the weakness. Although i am a learner. But this is somewhat remarkable. So sharing this view! Thanks
India Vix is trading near resistance area. So we may see a reversal in index too. Wait for any confirm trade set up.
NSE:INDIAVIX lets see we can get break out or not, just a view for educational purpose only.
India VIX is at support trendline with long tail at the bottom. This can be considered as beginning of another volatility expansion. Generally denotes start of bearish trend. Please keep on eye on this week closing.
India VIX is forming divergence in 15minutes time frame. Looking for upside movement in coming days for short duration. Keep on radar. Nifty 50 is also forming positive divergence in 15 minutes time frame.
India VIX is declining with RSI divergence. Looking for some volatility in coming days for short duration. Keep on radar
1.Breakdown from the upward sloping Trend-channel can led to bullish move in the overall Stock Market. 2. If the VIX reverses from the support level, Market can see sharp correction.