Dalal Street Week Ahead: Volatility Expected, Traders Advised to Stay Agile
📉 Market Correction Brief
The markets recently underwent a **sharp corrective move**. The **Nifty 50** closed the volatile week significantly lower, breaking below critical technical support levels.
The **India VIX** surged dramatically, reflecting a substantial increase in perceived market risk and uncertainty.
While the market is showing **oversold conditions**, suggesting a potential technical rebound is possible, overall **volatility is expected to remain elevated**. This high level of market movement is particularly anticipated leading into the upcoming **Futures and Options (F&O) expiry**.