INDIAVIX trade ideas
India Vix both Indexes Ready to fall againWith 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 it showing something?After today's brutal fall, India Vix has broken a downtrend with a falling trendline on weekly chart. Range of 19-22 is danger zone for this, any close above that could see a very big fall and markets can go really down quickly. While i know its easy to point this out today with the confirmation of the fall but this is what i saw on the charts so posted.
Keeping the budget in mind also Vix is on higher side but this is a cautious time with market already in confirm downtrend.
Option Premiums are super expensive but can even go higher than what they are now considering the upcoming event. Hedging is super important on both sides.
India VIX - Future Possibilities #IndiaVixNSE:INDIAVIX - Weekly Chart
For the time being, it appears that 12 is a good support level and 16 is a good resistance level.
Please keep in mind that #IndiaVix is a simple concept that describes how quickly and unpredictably the Nifty 50 index is expected to change over the next 30 days.
Consider volatility to be negligible/dead below 15.
Above 23, consider jitters/pessimism in market sentiment.
Consider fear in the market sentiment above 28.
At 10-11 range, I expect markets to top out, which may result in profit booking or distribution at higher levels. At this VIX level, I would be extremely cautious of the market because there is a negative correlation between the India Vix and the Nifty 50, which is also reflected in the charts. Markets typically peak when the VIX is at its lowest, and markets typically bottom when the VIX is at its highest. This is an important input for index trades.
You'll also notice that I've drawn yellow vertical lines for the last six years to indicate the first week of January, when volatility begins to rise before the budget session ( also reflecting with red arrows ). I would expect the VIX to begin rising around December 15th to December 18th and may hover around 18 to 20 levels right before budget ( indicated with 2 double red arrows )
p.s - Please note any negative news can spike VIX by 10% in no time
Let's see how the story develops. Best wishes!
Disclaimer -
- The opinions expressed here are my own. This is for my own records as well as what I see on charts.
- If you are referring to this, please keep in mind that it is only for educational and research purposes.
- Past performance is no guarantee of future results.
- You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION.
- It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance.
- Before investing, conduct your own research and consult with a financial advisor.
TIA!
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
#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.
NIFTY 50 WAY FORWARDIn this chart India VIX is seen forming a strong bullish candle if it breaks above the upper resitance line at 23 we may see big correction in Nifty 50. But this FED rate hike may not be sufficient to create such condition. It may be more than that. Other wise nifty will be in consolidation mode between 16500 and 18000 for some time. So I shared this overlooked aspect of trading which is good indicator