Price Action: On Fri 29 Nov 2019, the Nifty50 Index opened at 12146.2 ( 14.1 Points Higher than Previous Opening Price ) , made a high of 12147.4 ( -12 Points Lower than Previous High ) it made a low of 12017.4 ( -83 Points Lower than Previous Low ) closed at 12056.05 ( -96 Points Lower than Previous Close ). The Volumes were 804,430,391 ( 30% Higher than last trading session, and about 17.5% Higher than Average. The Volume figures were about 53.7% of Standard Deviation Above the Mean, and it was not an outlier figure. Nifty closed in the Q1, the First Quartile of it's True Range. The Color of the candle was Black with the wick was equal to 1.2 Points, and the body was equal to 90.15 and lower shadow was equal to 38.65
Trading is 'Gambling with an Edge'. Gambling is 'Trading without a Hedge'. 'Prices could be simulated' using Random Numbers.
Saturday, 30 November 2019
THE DAILY INDICES ROUNDUP: SHARP CORRECTION ON EVEN LOWER % VOLUME
Price Action: On Fri 29 Nov 2019, the Nifty50 Index opened at 12146.2 ( 14.1 Points Higher than Previous Opening Price ) , made a high of 12147.4 ( -12 Points Lower than Previous High ) it made a low of 12017.4 ( -83 Points Lower than Previous Low ) closed at 12056.05 ( -96 Points Lower than Previous Close ). The Volumes were 804,430,391 ( 30% Higher than last trading session, and about 17.5% Higher than Average. The Volume figures were about 53.7% of Standard Deviation Above the Mean, and it was not an outlier figure. Nifty closed in the Q1, the First Quartile of it's True Range. The Color of the candle was Black with the wick was equal to 1.2 Points, and the body was equal to 90.15 and lower shadow was equal to 38.65
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