Sunday, January 16

Nifty Knocking the Doors of Bear Market

Nifty Weekly Chart

Nifty Weekly Chart shows the breach of the bullish channel we were trading in from past 1-1.5 years and it has been breached for some 2 times before but after a quick whipsaw was back in channel again.Will it be 3 time lucky?

VIX Chart
VIX the fear factor is on its upper trendline again and it is in not able to breach this @24.3 than it will reverse and the Stock market will go up.Stock Market and VIX have inverse relationship,means when VIX goes up market will …
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