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NIFTY Weekly Volatility Analysis 9-13 Jan 2023 NIFTY Weekly Volatility Analysis 9-13 Jan 2023 We can see that currently the implied volatility for this week is 2.08% With this in mind, currently from ATR point of view we are located in the 53th percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: *For calculations, I am using the data since 2022* Bullish: 1.83% movement Bearish: 1.55% movement At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset, meaning that there is a 24.2% that our close of the weekly candle of this asset is going to be either above/below the next channel: TOP: 18325 BOT: 17584 Taking into consideration the previous weekly high/low, currently for this candle there is : 31.43% probability we are going to touch previous weekly high 66.58% probability we are going to touch previous weekly low Lastly, from the technical analysis point of view, currently from Daily timeframe indicates -26.67% BEARISH trend from the moving averages index Weekly timeframe indicates 66.67% BULLISH trend from the moving averages index Monthly timeframe indicates 80% BULLISH trend from the moving averages index
NSE:NIFTY
by exlux
BANKNIFTY Analysis For Next WeekBANKNIFTY Trading Close To An Important Zone It closed above the trendline, We can expect a short bounce in BANKNIFTY on Monday. 39900 to 40000 is a strong support zone as you can see in the image, there's a 200 EMA at 39950 and a pivot close to this range. A good zone to look for buying opportunities in the index. The blue zones are zones where the index can bounce or break down in the coming week. I'm Expecting a bounce back to 43500 to 43650 in the coming week. For more details refer to the image. If you have any queries comment below. Happy Trading !
NSE:BANKNIFTYLong
by StallinTDR