Like I said, it’s only gonna get bullish if some big plot twist happens on the 2H chart. If the candle sneaks above the SMA, then, who knows, it might just wander up to that little resistance spot! tradingview.com/x/XgiHSbKO
INDIAVIX just busted through 1D resistance, and it’s looking downright nasty. If it breaks 23 next, we’re talking 38, maybe even a dramatic leap to 60. Translation? Get ready, honey—a market crash or recession could be on the menu.
NIFTY Alright, listen up. If the VIX isn’t breaking 14.2, just do yourself a favor and sit pretty on the sidelines today. Don’t bother jumping in—watch the chaos unfold. Let those PUT buyers flip to the sell side before you even think about dipping a toe into a CALL position. Honestly, 2 PM today or maybe Monday sounds like a much smarter play.
And let’s not kid ourselves—it’s painfully obvious the institutions are behind this recent dip. They’re not slick. They’re just shuffling around their positions because they’re spooked by the Middle East, State elections and Results But honey, once they’ve got their act together, you better believe they’ll pump this market right back up.
Oh, and Japan’s interest rate hike? Yeah, not happening. So when they step back into the game, brace yourself for a rally. Meanwhile, some of these FIIs are out here playing front-shop games, but don’t be fooled—there’s plenty of sneaky business going on in the back through shell companies.