India VIX Daily Charts
India VIX is currently at a 52 week high. Generally a market with selling pressure exhibits increased volatility. The daily India VIX chart show the steep increase in the volatilty due to the recent sell off and the panic in the Indian market. The daily VIX closed at 27.23, while previous close was 25.59, a change of 6.41% Higher than previous close.
The Open Interest in Options at the End of the Day Tuesday 20 Aug 2013 was 144,645,000 while previously it was 138,321,150 a change of 4.57% . The Highest Open Interest In Calls Is 5700.00 Strike. The Highest Open Interest In Puts Is 5300.00 Strike.
Nifty and Bank nifty are currently in sell mode since 17th August. Currently the resistance zone come near 5505 and 9420 respectively. Reverse your position to positional buy mode if the resistance zone breaks on hourly charts.