When does market make high?
09 represents time from 09:15 to 10:00
10 represents time from 10:00 11:00
Majority of the time markets make either in the morning or in the evening.
When does market make low?
It's interesting to know these stats. Don't know how can we take advantage of these figures.
What we see in the chart are the point with low time(x axis ) and (y axis ) for a day.
The x axis and y axis are actually in seconds. Like 09:16 a.m. will be 09*60+16 => 556.
A single point represent a trading day.
X axis Low time
Y axis High time
If there is a point in the left top, that means for that trading day Nifty made the high at the end of the trading day and low at the open.
If there is a point in the right top, that means for that trading day Nifty made the high at the end of the trading day and low also at the end of the trading day. That's why chart is not dark at right top.
09 represents time from 09:15 to 10:00
10 represents time from 10:00 11:00
HTML Code:
Count Time 404 09 101 10 73 11 67 12 86 13 176 14 297 15
When does market make low?
HTML Code:
319 09 93 10 85 11 126 12 114 13 213 14 252 15
The x axis and y axis are actually in seconds. Like 09:16 a.m. will be 09*60+16 => 556.
A single point represent a trading day.
X axis Low time
Y axis High time
If there is a point in the left top, that means for that trading day Nifty made the high at the end of the trading day and low at the open.
If there is a point in the right top, that means for that trading day Nifty made the high at the end of the trading day and low also at the end of the trading day. That's why chart is not dark at right top.
