January 20, 2012

NIFTY and India Vix Analysis

  • VIX has given a triangle breakdown. If it sustains we may see further up moves in nifty.
  • Price is approaching golden ratio for the fall from 5399 - 4531 which is an important level for bears.
  • Last swing high which was 5099 and Golden ratio should be the level to watch out for possible weakness in price.
  • S&P 500 NEAR RESISTANCE LINE
  • US DOLLAR ANALYSIS

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