It was followed by steep profit booking in the last hour of the session and it closed near its day's low. It has formed a small-bodied Bearish candle on daily frame and has been making higher lows from the last three sessions. Now it has to hold above 22600 for an up move towards 22783 then 22850 zones whereas supports are placed at 22500 then 22400 zones.
India VIX was up by 5.15% from 12.24 to 12.87 levels. Volatility has been on the rise from the last five sessions and creating momentum at record-high zones.
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