When the VIX is low, it might mean people are getting too comfy, assuming things will stay the same. But the market loves surprises. So, when the VIX is snoozing, it's often a signal that things might soon change. When it's time for the VIX to wake up and start jumping, the stock market could be in for a bumpy ride.

Investors rejoiced as Nifty finally claimed the much coveted 18000 mark. Sensex also soared above the 60000 level. It was a broad based rally on Monday as all the sectors closed positively.

During the month of April, Nifty IT index, on average, has delivered returns of about 1.1 per cent and interestingly, three out of the last four years’ performance for the index in the month of April has been mindblowing!

It seemed that the bulls will hit six in six i.e., will log gains for the six straight trading sessions. However, as the saying goes, ‘All good things must come to end’, this dream-run of the bulls also came to an end, but in a very nasty way.   

We have selected two interesting trading setups for the upcoming week and traders can keep a close watch on these stocks.  

Many stocks are seen breaking their important support levels; however, there is one particular stock that has literally led to the tears of blood for its shareholders as it plunged over 18 per cent on Thursday.