Case background
A short term trader is tracking MMTC on 1 Dec 2025 for an intraday/swing opportunity.
Live portals show MMTC hovering around ₹60 - 61, but one data source reports an unusually
wide range with a low of ₹52.5 and a high near ₹61
Problem statement
Because support–resistance, stop loss, and risk metrics depend on accurate high–low values, the conflicting data (₹52.5 vs ~₹60 as the dayʼs low) can lead to
Mis-calculated ATR and volatility, making position sizing unreliable.
False conclusions that there was a “panic flush” to ₹52.5, tempting aggressive bottomfishing or wide stops that the market never actually traded
The trader checks multiple independent sources: NSE quote page, Economic Times, and broker terminals.
Most sources cluster around an intraday band near ₹6061 with no evidence of sustained trading below ₹60, while only one aggregator prints the ₹52.5 low.
Diagnosis and decision
The trader concludes the ₹52.5 value is most likely
A stray tick or bad quote from a one off illiquid trade or data error.
Not representative of the true market range that should be used for system inputs or discretionary analysis
So, for that session the trader:
Uses a working intraday range of roughly ₹60.2561.5 for VWAP, intraday supports/resistances, and ATR calculation.
Ignores the isolated ₹52.5 tick when setting stops and backfilling OHLC data in backtests.
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer/
A short term trader is tracking MMTC on 1 Dec 2025 for an intraday/swing opportunity.
Live portals show MMTC hovering around ₹60 - 61, but one data source reports an unusually
wide range with a low of ₹52.5 and a high near ₹61
Problem statement
Because support–resistance, stop loss, and risk metrics depend on accurate high–low values, the conflicting data (₹52.5 vs ~₹60 as the dayʼs low) can lead to
Mis-calculated ATR and volatility, making position sizing unreliable.
False conclusions that there was a “panic flush” to ₹52.5, tempting aggressive bottomfishing or wide stops that the market never actually traded
The trader checks multiple independent sources: NSE quote page, Economic Times, and broker terminals.
Most sources cluster around an intraday band near ₹6061 with no evidence of sustained trading below ₹60, while only one aggregator prints the ₹52.5 low.
Diagnosis and decision
The trader concludes the ₹52.5 value is most likely
A stray tick or bad quote from a one off illiquid trade or data error.
Not representative of the true market range that should be used for system inputs or discretionary analysis
So, for that session the trader:
Uses a working intraday range of roughly ₹60.2561.5 for VWAP, intraday supports/resistances, and ATR calculation.
Ignores the isolated ₹52.5 tick when setting stops and backfilling OHLC data in backtests.
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.