Estimates for 30th July.
Good morning. We are playing that pocket of yesterday, between 5385 and 5410 again. A break of 5385 should move it to 5355 and above 5410 can see 5445. The value areas are 5402-5411-5420 for Nifty For the bank Nifty these are 10169-10116-10063. —- .
July Expiry-2
I want to take the opportunity to clarify one aspect of the Vix formula. In the last two expiries, the Vix formula has not come close to meeting it’s targets as we had in Feb, March, April and May.Why? Quite simply,because the calculation is based on the VIX and the Open Interest, with the open […]