I have noticed this correlation between Nifty and Indiavix.
1. Whenever there is a spike in volatility and volume, that seems to mark the bottom for Nifty.
2. This theory seems to be holding for the last 7-8 months.
3. Currently, we are facing a similar kind of situation. The Vix has spiked and the price is tanking.
4. If the theory holds its value, the bottom may be reached soon.
5. However, this is just a probability like every other theory. Hence, we will have to wait and see it out.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Whenever there is a spike in volatility and volume, that seems to mark the bottom for Nifty.
2. This theory seems to be holding for the last 7-8 months.
3. Currently, we are facing a similar kind of situation. The Vix has spiked and the price is tanking.
4. If the theory holds its value, the bottom may be reached soon.
5. However, this is just a probability like every other theory. Hence, we will have to wait and see it out.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
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Want to grow with people who get it?
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🤝 Connect on Twitter → x.com/tradingwick_
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
I build communities where traders feel understood and supported. 🔥
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.