India VIx finally hits 30 +
Historically the volatility remains higher for next few weeks but in hindsight this has been the best period for Investment and durable bottoms are made.
- 2011-2013 was a major bottom made around that 30-35 mark.
- Did not consider 2014 as it was Election event.
- 2015 saw a quick bounce but did not sustain.
- Generally accumulating over the next few weeks in the volatility and fear has been a good time for somebody with a view of 6-12 months.
- For traders one needs to wait for the VIX to cool down to increase size.
Conclusion
I was bullish at 16400-16800 in the last couple of dips and stick to the longer term view in the current fall due to an event. The risk-reward is well placed for 6-18 months. Will be sharing more data points and charts in a weekend post.
Will be discussing about sectors in this session.
How to find major trend changes in sectors
Date : 27th February
Time : 11 am to 1 pm
Pricing : 500 Rs
https://rigipay.com/g/RmfdxrL5LE
Registered attendees will also be receiving the recording.
