Nifty Midcap Is Where the Pain will Show|Brent at 110 | US 10 year crosses 5% |
US 10 year crosses 5%
Most coveredNifty 50 3 →US 10-year Treasury yield 1 →Brent crude 1 →
US 10 year crosses 5%
Brent at 110
India VIX is dangerously low near bottom, implying a volatility spike ahead similar to December 2019.
Midcaps are the victims of the dangerously low VIX / ongoing distribution — expected to fall
Nifty distribution continues, with risk of breaking March lows and a deeper correction toward 22,000 or below if 24,000 support fails.
The world is out of oil — crude is at its highest level since the start of the war, implying continued upside in crude.
Nifty Bank is called the weak link in a breaking system, implying downside
Asserts short covering starts this expiry, implying upside into weekly expiry
Nifty's move is 'not a rally' (flat over 3 months) with risk of going lower again and a deeper correction toward 22,000.