31ST 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...
Comparison between Nifty 50, Nifty Mid Cap 50, Nifty Small Cap 50, Nifty 500, Bank Nifty after it made a bottom on 24th March as we can see Small Cap clearly outperforming Benchmark Index and Bank Nifty underperforming the overall broader market.
Is nifty forming a rising wedge pattern? RR Ratio very favourable if broken the lower trend support line, let's wait for the coming days to see.
BHARTIAIRTEL stuck in a range of parral channel of 10% from 536.7 - 596.8 wait for breakout on any side with volume
BHARATFORGE trading inside upward channel Has a resistance around 386 level If broken can see more of the upward move, wait for channel breakout
Look for breakout on either side with volume for further trend