Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

India VIX the short term Multibagger

36 sec read

Nifty Hourly Charts
Nifty Spot

[wp_ad_camp_5]

 
Nifty and Banknifty spot on the hourly charts are turned to sell mode. Currently the resistance zone comes close to 6285.5 and 13001 respectively. Index will turn to positional buy mode if the resistance breaks on the hourly charts.

BankNifty Hourly Charts
Banknifty

India VIX Daily Charts
On 6th March India VIX volatility index achieves the all time low of 12.5 since then within a short span of time scales to above 30 due to the upcoming election results which creates too much of expectation among the option traders. India VIX had risen more than 100% since 6th March 2014. And the election results are likely to be announced on 16th March till then markets are expected to be in sideways mode.
India VIX

Open Interest Lookup
6800CE writers tried dominating the open interest group but once again 6700PE taken over for the series. So far 6700PE holds the highest open interest amoung the option series and no visible call writing or major open interest builtup on the call side as of now.
open interest

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

Nifty Short-Term Trend Turning Negative – Market Profile Update

The short-term trend for Nifty appears to be shifting towards the negative, encountering intermediate resistance in the range of 21920-21950. Additionally, a top-down analysis...
Rajandran R
1 min read

Nifty Futures – Short-Term Overview – Feb 2024 Futures

Nifty Futures is a short term is likely to test the G2 High reference level around 22200. Short Term Supports are formed around the...
Rajandran R
46 sec read

Nifty Sentiment likely to turn Positive?

Nifty Futures is likely to have a short truncated week. And last Saturday's trading session showed a comeback of Bank Nifty despite Nifty Futures...
Rajandran R
31 sec read

2 Replies to “India VIX the short term Multibagger”

  1. Sir , Can you please specify something about the impact of election on indian stock market Pre & post both type of impacts. and how to manage stocks in this situations

    1. To my knowledge Election Results are going to be in the complete uncertainty. If you want to utilize the volatility trying playing with Options Strategies.

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More