Home > NIFTY Strategy > What is the rising volatility telling us?

What is the rising volatility telling us?

Wednesday, August 12, 2009 Leave a comment Go to comments

Today was again a very volatile day with lots of up and down moves. This is definitely not a good sign for the bulls and high volatility usually precedes trend reversals. I’d be extremely cautious if this volatility persists. As I have said before, 4400 is the key level on the downside. Below that, short term bulls have no buisness to be in this game. It might actually be good to short the market if we go below 4400. On the upside, the markets need to cross 4500-4550 range to sustain the upward momentum.

This is the right time to be aware of risk management rather than gains.

Categories: NIFTY Strategy
  1. Bikash Kumar
    Monday, August 17, 2009 at 8:42 pm

    Its good to see another IItian at work.. Brilliant work !

    warm Reagrds,
    – Bikash Kumar

  2. tony bush
    Friday, August 14, 2009 at 10:20 pm

    please keep sending your news-blogs to me.

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