Friday, December 7, 2012

Volatility in Smaller Time Frames


Here's a look at the hourly high low range of Bank Nifty. The lower end is around 40 points while the upper end is at 70 to 90 points. Currently the reading is at the higher end and things should be cooling off next week.

Below is a look at the 3 minute high low range. 


Ignoring the spike above 50, the higher end is around 20 points and the lower end is around 5 points. Recently for the last 2-3 days the volatility shot up above 20 and it was slightly difficult to manage stops for intraday trades. 


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