When does market make high?
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
Majority of the time markets make either in the morning or in the evening.
When does market make low?
HTML Code:
319 09
93 10
85 11
126 12
114 13
213 14
252 15
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.