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India vix @ 22 is very important level


India vix @ 22 is very important level...last time it touched in march @ 22 and then came back to 12...which is higher than the previous low of 9.35 sometime in December, however this time a close above 22.5 we can see India vix moving all the way up to 28.5 to 29..longer term investors can buy around 22 for investment in blue chips, and further at 28 also...however short term traders will have a scary time.
{May 12,2015}


INDIA VIX (DAILY CHART)



























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