INDIAVIX trade ideas
#NIFTY #NIFTY50 #NSEINDIA #STOCKMARKET #RELIANCE #BANKNIFTY #NSETODAY For some time NSE:NIFTY all 50 stocks were red.
Clear signs of exit.
Reversals might not be expected soon.
VIX
NSE:INDIAVIX
Volatility Index also known as Fear Index.
Rose up today by 26%+
VIX is at the levels of June 2020, Market is witnessing bears win over bulls.
NIFTY50 All stocks are RED.
BEARISH ZONE
Advised to book all the profits u have.
If u like my workm kindly LIKE, FOLLOW & SHARE with friends, & family.
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.
India VIX - Showing signals to become cautiousIndia VIX is trying to break out of a diagonal trendline resistance along with crossing the 200EMA..if that happens we could be in for high volatility times.
Time to be a little cautious esp heading into uncertain times (Biden policy, India Budget).
As for me i plan to scale back my trading positions and not buy more into my investment holdings for now. Rather wait to see what happens over the next 7-10 days.
India VixThe volatility index tends to rise usually contra to Nifty. Currently at 21 has caused large red candles in hourly time frame today, further upside could be more lethal. A daily close above 22.50 will move it towards 24 and above that towards 30. A rising VIX suggests intra day moves get vertical with gap openings. Getting caught on the wrong side can cause massive m2m damage. It usually cools off after a correction or at an event - since we are into Q3 results - large cap noes and Budget on Feb 1 are some factors to be kept in mind.
PS: This is not a suggestion to go bearish, just a suggestion to cut down on exposure
VIX CRUNCH31ST JAN WAS THE DAY WHEN 1ST CORONA CASE WAS REPORTED IN KERELA AND VIX WAS AROUND 17.4 FROM THERE WE SEE THE RISE UPTO 84 AND REVERSE IT IS ABOUT O ENTER IN PRE CORONA LEVELS
TO THOSE WHO TRADED IN LAST 4-5 MONTHS BE CAUTIOUS THAT VOLATILITY WILL OBSERVE CRUNCH NO MORE DAILY 1-2 % SWING BOTH SIDE ON NITFY AND BANK NIFTY PLUS MANY STOCKS WILL END UP IN RANGE BOUND ZONE SO BE ADAPTIVE WITH YOUR TRADING STYLE AS MARKET CHANGES WE ALSO HAVE TO CHANGE
HAPPY TRADING
Bottom is near ?I have never applied technical analysis on VIX as it gives large wicks. VIX is showing positive divergence on RSI. 19 is the zone from where breakout had happened . So now it should act as support. Positive divergence suggest volatility can spike in short term. I will take confirmation of Vix bottom from Trend, RSI and EMA.
Indiavix Going Down#Indiavix closing is 28.74. Indiavix creates the triangle pattern in the 1-hour format and breaks the #downside and now in the downside #target is 23-22-19. In the #Upperside resistance is 29.90 if the #cross and stay above then come to 32-35-38.
also, #awesome oscilattor is show the weakness in the trend.
INDIA VIXINDIA VIX - An follow-on update
In the last two trading days after trading down towards 9100 levels and today morning, Nifty 50 rebounded to trade above but closed below 9350 levels , a failure of NIFTY 50 climbing back to middle of narrower range (9200-9600 levels), from a broader trading range (with lower boundary around 9100 levels and upper boundary around 9800) .
INDIA VIX which had jumped earlier, has started declining in line with S&P VIX and we need to watch out for a downward break, if this trend continues. In the short term, INDIA VIX may be lagging or leading indicator for NIFTY 50.
Disclaimer: This is not a trading recommendation. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.