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)

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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