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Showing posts with label Short Term View. Show all posts
Showing posts with label Short Term View. Show all posts

Thursday, January 27, 2011

Pending positivity for NIFTY VIX

Nifty VIX rising by 6% today above psychological mark of 20 it closed at 22.09 ... which FII says it was pending the upmove.. n when VIX rise nifty falls...above 21.5 more uptrend will b seen in Nifty VIX which will some how make nifty down.....


1: 0.618 FIB holds
2: The move down lacks a clear five impulsive look.
3: Price above psychological 20
4: Rieki positive
5: Above 21.5 uptrend confirmed on Nifty VIX and down on Nifty