Quantitative data set up: 'Nifty likely to trade in 14,000-14,600 range next week' The Nifty has to continue to hold above 14,200 zones to witness a fresh move towards 14,500. Chandan Taparia Greed and Fear Indicator: Volatility needs to cool down for continued strength (VIX CMP – 20.64) India VIX was up by 5.5 percent from 19.56 to 20.64 levels week-on-week basis. Volatility needs to cool down below 20 zones to support the bullish market setup and fuel the next rally with the higher market base. CBOE VIX: CBOE VIX was down by 5.23 percent from 22.75 to 21.56. Volatility rose at the beginning of the week but came down to lower levels, giving support at teh current juncture.