Monday, April 11, 2011

Nifty drifts down below DLEma towards 200sma.

As 5sma is poised to move below 10sma, any pull back towards these @ 5840-5865 would invite selling pressure. Oversold Hourly might induce intraday rally if external cues are favourable.
The Slower Lead indicator, 14-D, is poised to break below 80 mark.
Pivots give you the earliest weakness, followed by High Emas and then Close emas and lastly the Low emas.

6 comments:

Prabakar said...

@Fire,

Pl. find below the Data for EOD Volatility.


Date 11-Apr-11
Symbol NIFTY
Underlying Close Price (A) 5785.7
Underlying Previous Day Close Price (B) 5842
Underlying Log Returns (C) = LN(A/B) -0.009683848
Previous Day Underlying Volatility (D) 1.421707353
Current Day Underlying Daily Volatility (E) = Sqrt(0.94*D*D + 0.06*C*C) 1.378398461
Underlying Annualised Volatility (F) = E*Sqrt(365) 26.33426561

Sanjay said...

Dear Ilango Sir & Blogmates,

Option Table Seems to be dented, can patchup happen soon? Option Analysis 11-04-2011

Thanks & Regards,

Sanjay Kr Jaiswal

Sunil Saranjame said...

Nice one Prabakar.

Weekly vol figs will also help.

"The book" on volatility is of course Option Volatility and Pricing by Sheldon Natenberg.Although I'm not much into trading Options but this excellent book helped me in understanding the concept of volatility - the "heart of any market"

Thank you,

ss

Fire said...

@Prabhakar,

I am deeply obliged by your so helpful a gesture. But my dumb head couldn't really make out a lot. Could you please mail me me detailed material on it?

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