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Nifty Outlook
This week, we begin with no visible signs of momentum, while standard deviation studies to potential rise in VIX, a sign of which we saw on Friday as well, wherein VIX closed 4.25% higher despite a positive close in Nifty. There are no signs of a collapse as well, but we expect lack of premium expansion as well as slowness in ascent which will surely cramp the style of option as well as stock traders respectively. We had gone in last week with upside expectations limited to 24975, and we are still missing signs for an explosive uptrend. Favoured view sees fair possibility of peep above 25k, or spike to 25365, neither of which are expected to sustain, but there is a surprise element here, and VIX's status at this point could give a better colour to the picture. Downside marker for the week may now be pushed higher to 24530, with intraday markers at 24817 and 24700.

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