Dalal Street Week Ahead: Stay cautious of low levels of VIX which leave market exposed to profit-taking bouts - Jobs World

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Saturday, July 15, 2023

Dalal Street Week Ahead: Stay cautious of low levels of VIX which leave market exposed to profit-taking bouts

Dalal Street Week Ahead: Stay cautious of low levels of VIX which leave market exposed to profit-taking bouts https://ifttt.com/images/no_image_card.png​Going by the derivatives data, there is a high accumulation of the OI near 19800-19900 levels. Going by this data, one can expect the markets to find stiff resistance near that zone over the coming days even if the current uptrend is to extend itself.

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