Tuesday, April 15, 2014

Nifty near 6700

Hi friends,
                   In my last post i had mentioned about a impulse seen in nifty

Had mentioned about profit booking range and nifty resisted to 6800-6830
range .
Lets see the present structure of nifty.
Nifty near 6700
Nifty resting on channel
support ant fall below 6700
would invite more profit
booking.Below 6700 the
neat logical support comes
at 6600,Today midcaps
saw nice cut many midcaps
were 5-6% down .
Had mentioned about
vix breakout sometime

Back Vix breakout 
Vix has done 30+ already ,Peculiar thing nifty rose with vix for some time.
Lets see if volatility increases with vix being so high.



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