Nifty futures price movement indicates towards a repetitive move once again. If it happens, bears would definitely be in command. Secondly, Nifty Volatility Index seems ready to take a good bounce. Traders/ New Entrants must keep a watch over the movement of Nifty along with the Nifty VIX. I conclude that the silent movement of Nifty VIX during an uptrend in Nifty means a lot. Always remember too much rosy scenario always not going to be too red very soon.
Have look at the position of every single move in all the charts in different time zones and then only make a next move.
Have a Nice Trading Time.
Disclaimer: This analysis is purely based on the observations. I do not have any position in any Share or Nifty. One can create position in Shares of Nifty at his/her own risk. This analysis is only meant for investors’ education purpose.
