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