India VIX is 20.74 and last time when it came to same levels, Nifty fell from above 5200 levels to 4700 and now once again we are having the same pattern so caution is advised. Receding volatility has normally given way to big swings in market and leveraged positions should be kept to the minimum in my view.
Trade with absolute caution. There is a crazy build up on the 4000PE March series and it signals all is not well.
Do not over leverage positions and hold your longs with a hedge.
This article is an offering from BEATdSTREET – India. Come, Let’s Make Money.
To subscribe to our highly accurate calls. Write in to
beatdstreet@ymail.com / beatdstreet@gmail.com
or Call: +919820010841 / +919768267272
Visitors/Members :: Please be considerate enough to show your appreciation to the author for his/her valuable efforts by either commenting on his/her post, or sending an email -> , Contact beatdstreet. You may also visit ANY Links posted by the authors in the above post. This only helps the authors be more constructive and lets them know how important their contributions are to the investor community. You may also use the Thank You Button above to Thank the author for his/her article and efforts.
Tell me what you're thinking...
You must be logged in to post a comment.
|