The Nifty GEX Gamma Exposure closed positively at 12L on April 6th, which is a contrast to its value of -6L on April 5th. However, it's crucial to note that NiGex should only serve as an indicator of liquidity or volatility, and investors must not solely base their investment decisions on it.
Although NiGex became positive, the Nifty only had a flat growth of 0.2% on April 5th, indicating a favorable market trend. In our previous post, we discussed how NiGex has experienced significant fluctuations over the past 200 days, with a mean value of -25K and a median value of 797K. The range of values has been extensive, with a minimum of -116L and a maximum of 50L. These variations highlight the importance of conducting comprehensive research and exercising caution before investing in NiGex.
To learn more about Gamma Exposure and NiGex, refer to the article on What is GEX (Gamma Exposure)? To know more about VIX, visit the NSE page at VIX
No comments:
Post a Comment