@soumyaranjanin
Still i have some doubts that awaits clarification from you sir.
The 26 points the difference between the low and the current price.
Okay, i am clear as how you arrive at 26 points. Fine
Same time I will put my stop loss as 4997-27=4970.
Can you please explain me sir, how
you arrive at 27 point, while making calculation for stop loss.
Is it 4997-
26 =497
1
or is correct at
27 points, if so please explain.
Another thing, can you please explain here for the benefit of traderji members as how to calculate, daily volatility based on the mathematical calculations. I think it is not discussed in the article.
Regards
Saivenkat.