The TTO of India VIX (monthly) has been hovering around zero since 2014. Though, there have been intermittent spikes which have played out by way of minor corrections on the Nifty.
Here is what the long term trend of India VIX captured on TTO looks like, with the long term trends now firmly trending in bearish territory and the recent correction indicated by a spike in the trend trigger.
With long term India VIX indicating a bearish bias, will the negative correlation hold out for Nifty??
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| India VIX (Monthly) |
