Volatality value

[rangarajan]

NF Support 5355 still holding & BN 10435

While this method may not be 100% perfect,still we should give lot od credit to the author as No system is 100% perfect.

 

[udi1970]

NF Support 5355 still holding & BN 10435

While this method may not be 100% perfect,still we should give lot od credit to the author as No system is 100% perfect.

Perfect Mr. Rangarajan. It is very much laudable that time and again you bring some interesting concepts to the attention of Traderji members. Your concepts if implemented with care - practically will bring consistent returns.

 

[rangarajan]

Perfect Mr. Rangarajan. It is very much laudable that time and again you bring some interesting concepts to the attention of Traderji members. Your concepts if implemented with care - practically will bring consistent returns.

Thank you Udi.
Compliments are always welcome.

My knowledge if at all there is any,credit goes to Traderji where i learnt so many from scratch.

Till now ,for a Long time 5417 Holding as Resistence.
I c a posibility of divergence( provided 5395 is NOT Breached) & if taken next Rest 5428(122%)

 

[amrutkumar]

NF Support 5355 still holding & BN 10435

While this method may not be 100% perfect,still we should give lot od credit to the author as No system is 100% perfect.

Dear rangarajan,

The support level you gave was perfect. I read the explanation, you have attached in the first page. Can you please explain, how you arrived at the values today, as I used the calculators given in the website but got different values. Can you please explain.

Thanks
Amrut

 

[rangarajan]

Dear rangarajan,

The support level you gave was perfect. I read the explanation, you have attached in the first page. Can you please explain, how you arrived at the values today, as I used the calculators given in the website but got different values. Can you please explain.

Thanks
Amrut

Simple!

Note previous day's Last price & volatality no.
Take % of the same & it gives u Volatality value.
Add/Subtract to the Last traded Price to get the Extremes.
ie Max Res Value & Sup Value.
In between apply Fib ratios to the Volatality Value,Add/Subtract to the Last price to get diff levells.

Eg:On 13th,NF Last price5370 & Volatality 0.88
So 0.88% on 5370 is 47.
Rest 5370+47=5417 ( See today's Max 5416.9)
Supp 5370-47=5323

In bet calculate Fib levels,( See my previous post)
Today 38% on 47=17.6say17
5370-17=5353 ( See todays Low5355.5)

Happy Trading.
Avoid Injury to Wallet & Health due to Day Trading by this method

 

[rajasree1]

Fantastic effort and you got the lvls perfectly.Now the question is - how will one know the ultimate low of the day or high of the day at the time of trading ? 38% or 61.8% etc... Pl explain if possible.
Thanks.

 

[rangarajan]

Fantastic effort and you got the lvls perfectly.Now the question is - how will one know the ultimate low of the day or high of the day at the time of trading ? 38% or 61.8% etc... Pl explain if possible.
Thanks.

For this,generally i rely on Longer Time frame Trend & Stocha momentum & Tukka
By & large,if the level is exceeded or meets rest by more than 5 pts for about 5-10 mts ,u can be sure of the next level.
If simultaneously,u read the 1/5mt chart,u will get the hang of it.

If someone has better method,i am eager to learn it.

 

[amrutkumar]

Thanks a lot for the help Rangarajan. I am planning to use this with my trend trading system, as it would give us a good edge.

Can you please tell me, what Fib ratios to work on for better results, as you have mentioned 22, 38, 62 & 162 and in the write up they have mentioned to use 50, 61.8, 78.6, 100, 127.2 & 161.8.
I hope iam not bugging you with my silly questions.

Thanks,
Amrut

Simple!

Note previous day's Last price & volatality no.
Take % of the same & it gives u Volatality value.
Add/Subtract to the Last traded Price to get the Extremes.
ie Max Res Value & Sup Value.
In between apply Fib ratios to the Volatality Value,Add/Subtract to the Last price to get diff levells.

Eg:On 13th,NF Last price5370 & Volatality 0.88
So 0.88% on 5370 is 47.
Rest 5370+47=5417 ( See today's Max 5416.9)
Supp 5370-47=5323

In bet calculate Fib levels,( See my previous post)
Today 38% on 47=17.6say17
5370-17=5353 ( See todays Low5355.5)

Happy Trading.
Avoid Injury to Wallet & Health due to Day Trading by this method

 

[rangarajan]

Thanks a lot for the help Rangarajan. I am planning to use this with my trend trading system, as it would give us a good edge.

Can you please tell me, what Fib ratios to work on for better results, as you have mentioned 22, 38, 62 & 162 and in the write up they have mentioned to use 50, 61.8, 78.6, 100, 127.2 & 161.8.
I hope iam not bugging you with my silly questions.

Thanks,
Amrut

Both r same except fraction rounded.Dont omit 38%
eg: Last close 100, Volatality no 10, so 10% of 100 is 10.
Next day stock to move bet Max 100+10=110, Min 100-10=90
In betwwen apply the ratios on 10 & add/subtract to 100
ie Rest 102.2/103.8/105/162/107.8/110
Sup 97.8/96.2/95/93.8/92.2/90

Hope it is clear

 

[amrutkumar]

Thanks a lot. Yeah, it is clear now.

Both r same except fraction rounded.Dont omit 38%
eg: Last close 100, Volatality no 10, so 10% of 100 is 10.
Next day stock to move bet Max 100+10=110, Min 100-10=90
In betwwen apply the ratios on 10 & add/subtract to 100
ie Rest 102.2/103.8/105/162/107.8/110
Sup 97.8/96.2/95/93.8/92.2/90

Hope it is clear