Wondering how much the NIFTY50 or NIFTY Bank could move during the Union Budget? Predicting market direction is tricky, but tracking certain signals can help you understand the potential range of movement.
Key Points:
Straddle prices and implied volatility give an idea of possible market movement but canāt predict if prices will go up or down.
These indicators show the marketās estimate of price ranges, helping you understand potential volatility.
Comparing this data to previous years can give you an idea of whether the budget day will be more or less volatile.
Want more insights? Read the full article here.