India Stocks: Volatility exploding...
Tuesday, November 18, 2008
Nifty volatility is exploding...this volatility move has generally been followed by a sharp move in the index...
(click on image to enlarge)
![](http://2.bp.blogspot.com/_Iv6pYFpt6jM/SSHNobiBZDI/AAAAAAAAAos/Th4_EuvdT6o/s320/Nov18Vixcomp.jpg)
![](http://1.bp.blogspot.com/_Iv6pYFpt6jM/SSHMAK7lo3I/AAAAAAAAAok/UhTVduCE0Qg/s320/nov18.jpg)
Nifty is back with a 10% band of its 30 day moving average. VIX is suggesting a mind-boggling move coming up....fasten your seat belts.
3 year chart of Nifty shows we are back below Jan 2006 levels.
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