Intraday Trading Using Volatility. Intraday Calculation Based on Volatility. Previous Day Closing Price. How to use Volatility Based Intraday Trading Calculator. To use this calculator you need the previous day closing price and current day's prices. Apart from this you also need the volatility value for any stock.

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You get this value from nseindia. Ideal time is 9: Now let us see how to use this calculator.

Volatility Calculator - Volatility Intraday Trading | StockManiacs

Lets say i want to find the values for Nifty Futures for today at I will first see the close price of Nifty Futures for previous day. Close price is 4. To Find the volatility, i open the Get Quote for Nifty Future on nseindia. At the bottom, i see the volatilty at 1. After entering the Closing Price, volatility as seen in nseindia.

I calculate the levels using the button. The Nifty Futures made a high of Target 1, Target 2 and Target 3 were achieved. You may include other indicators as well to confirm the prices.

How this system works This system works on the principle of volatility. Now you might be thinking what this volatility is and how it can help us in intraday trading.

Volatility means "The relative rate at which the price of a security moves up and down". Based on volatility, we can find the possible price fluctuation of any scrip.

Lets say the volatility of RELIANCE is 2. Now, i want to know where will the price be moving based on volatility.

To know this i take into account the closing price of that particular scrip for the previous day. So lets say i have closing price at and volatility is 2. So possibility of Reliance fluctuating is 2.

Now main question arises is how to trade based on this values. For trading, we note down the LTP of RELIANCE on next day. We generally take into account the LTP price of RELIANCE around hrs after market open. Say , i have noted down the LTP as And the high and low of RELIANCE for today is and I take the midpoint of and My LTP is below midPoint.

So, the chances of price of RELIANCE going in downward direction is more. But, how do we decide the target?. Since LTP is below midpoint, and our fluctuating price is Based on this values, we go short below midpoint There are few more complex calculation involved in above calculator but underlying idea remains that mentioned here.

Live Example of this system On 11th Feb , the values for Nifty Futures were Closing price of Previous day: High and low for 11th Feb was and Target 1, Target 2 and Target 3 were achieved on 11th Feb