Alert – India VIX trading at 37 levels and ATM Vols at 38-40 – Buy staggered at 4720-4820 and 4550 worst case.

Update sent to clients at 4820-4830

Please find attached a chart on INDIA VIX which clearly suggests extreme panic.

- > The last two three times INDIA VIX was above 32 was on 09/08/2011 – Nifty was 4950-500 it bounced to 5195 and next on 26/08/2011 it traded at 32 – Nifty was at 4720-4750 it bounce back to 5150 +. Next on 13/09/2011 Nifty was at 4920 it bounced back to 5150 in next few sessions.

- >So panic is at high watch if there is a sharp correction one can look for stock specific buying in a staggered manner . Nifty support points 4820-4720 ideal and in extreme panics at 4550-4480. Resistance 5050/5150. Generally we have seen very sharp bounces to the tune of 6-10 % from such panics.

- > Only time Index has traded above 38-40 vols has been in 2008 Lehmann collapse period.




Happy Investing ,




  1. arun.s. sutar
    September 26, 2011

    Respected Sir,

    i want to know where the indiavix can be watched live. please let me know the site of either NSE or BSE or anyof the sites where i can watch this indiavix daily \.

    please do the needful.

    arun sutar 9764560077

    1. nooresh
      September 27, 2011

      Hi Arun,

      You can check on indices statistics.

  2. Firebolt
    September 29, 2011

    A research that I found at says that we should buy Nifty whenever India VIX is high. Do you think it is accurate?


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