1) India VIX (India Volatility Index) is available for trading on Indian bourses from tomorrow onwards. The traders can go long on India VIX due to following reasons:
2) India VIX is trading close to its all time lows, which is around 13. Also Nifty is fast approaching its crucial resistance zone of 6285-6350 where volatility is likely to increase. See the daily charts for India VIX and Nifty below:
3) On 5 Day chart also, it is approaching a state of exhaustion and likely bounce is expected.
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