NIFTY 50 Monthly Forecast Movements 1-30 November 2022
We can see that for this month, the implied volatility is around 4.56%, similar to last month.
This is currently placing us in the 0th percentile according to ATR and 50th according to INDIA VIX
Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle to the close of the candle) is:
BEARISH Candle : 2.4%
BULLISH Candle : 5.7%
With this in mind we can expect with a close to 27.4% probability that our close of the monthly candle is going to close either above or below the next channel:
BOT: 17303
TOP: 18957
Lastly, based on the calculations that we had for touching the previous candle high and low values, we can estimate that there is a :
80% chance that we are going to touch the previous monthly high of 18020 (already happened yesterday)
26% chance that we are going to touch the previous monthly low of 16864
We can see that for this month, the implied volatility is around 4.56%, similar to last month.
This is currently placing us in the 0th percentile according to ATR and 50th according to INDIA VIX
Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle to the close of the candle) is:
BEARISH Candle : 2.4%
BULLISH Candle : 5.7%
With this in mind we can expect with a close to 27.4% probability that our close of the monthly candle is going to close either above or below the next channel:
BOT: 17303
TOP: 18957
Lastly, based on the calculations that we had for touching the previous candle high and low values, we can estimate that there is a :
80% chance that we are going to touch the previous monthly high of 18020 (already happened yesterday)
26% chance that we are going to touch the previous monthly low of 16864
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🔻Blog: finaur.com/blog/
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🔻Trader Psychology Profile – thelumenism.com/
🔻Strategies: finaur.com/lab/
🔻Blog: finaur.com/blog/
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🔻Trader Psychology Profile – thelumenism.com/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🔻Website: finaur.com/
🔻Strategies: finaur.com/lab/
🔻Blog: finaur.com/blog/
🔻Telegram : t.me/finaur_com/
🔻Trader Psychology Profile – thelumenism.com/
🔻Strategies: finaur.com/lab/
🔻Blog: finaur.com/blog/
🔻Telegram : t.me/finaur_com/
🔻Trader Psychology Profile – thelumenism.com/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.