So when there is any volatility, we need to verify if it is true or not. This ratio will give you more clarity on if a rise or downfall is true or fake.
In the end, it will help you in making you a near perfect entry for portfolio !!
At the top of the rising channel, Vix is expected to settle between 12 & 15.
So at 1800 on this Ratio chart, Nifty should be 21600 & 27000 as per the calculations in Mid 2023.