In this chart India VIX is seen forming a strong bullish candle if it breaks above the upper resitance line at 23 we may see big correction in Nifty 50. But this FED rate hike may not be sufficient to create such condition. It may be more than that. Other wise nifty will be in consolidation mode between 16500 and 18000 for some time. So I shared this overlooked aspect of trading which is good indicator
Trend Analysis

Penafian