Update for 10th August 2011

High Volatility to Continue !

It seems that the high volatility in the market may take some more time to subside. The following chart of India VIX shows the explosion of implied volatility seen in the Nifty Options.

India VIX - Daily Chart  

Nifty Futures - Daily Chart 

Update for 9th August 2011

Panic & Chaos Continue !

This edition of The Ultimate Momentum Signal post consists of just the basic minimum updates. Please see the previous post for more market commentaries.

Nifty Futures Daily Chart