My System - My trades.

[varunkochhar]

The bands are marked in Red.

 

[varunkochhar]

This time if the liquidity is maintained, then do not be surprised to see Nifty at 9700-10000 in the next 6 months or earlier. Targets for BN would be 24000. Provided we are above 9000 in Nifty and 21400 in BN. Just sticking my neck out. Take this analysis with a bucket of salt. But do buy the dips till we are above the mentioned levels.

 

[varunkochhar]

This just might be the mother of all bull markets that we had been waiting for. Be safe but be long.

 

[varunkochhar]

So more than 1lac Rupees profits in my 22100 calls (880 Qty free)

 

[varunkochhar]

So made more than 3 times in my calls in less than a day. And still people say that OBV does not give an edge. Pls educate me which other method would have given this return with so much confidence and conviction. Price follows smart volumes, not the other way round. That is why OBV is called a leading indicator.

 

[varunkochhar]

So if one was to play OBV breakouts as per my chart posted yesterday, he would be in profits of more than 4000 points in just a little over 2 days. That is Rs.1.6 lacs with negligible risk. Think about it before laughing and poking holes in somebody's tried and tested method. Pls feel free to do back test for 100 years.

 

[checkmate7]

So if one was to play OBV breakouts as per my chart posted yesterday, he would be in profits of more than 4000 points in just a little over 2 days. That is Rs.1.6 lacs with negligible risk. Think about it before laughing and poking holes in somebody's tried and tested method. Pls feel free to do back test for 100 years.

WOW simply grt Varunji hats off....:thumb::thumb:

So what should be todays' trade???

 

[varunkochhar]

Check mate ji just follow OBV BO/BD's and you would get your trades. Last night i had posted a chart with 2 red bands (resistances) in OBV. The 1st one has been scaled comfortably and the second one, after being scaled, the OBV has come inside the range again but it is about to be scaled. Clear skies ahead on BO.

 

[jd1234]

Now a days I m feeling like Macho Man.

Thanks Varunji for introducing OBV.:thumb:

 

[varunkochhar]

The BO in Nifty has been much cleaner this time, so do not be surprised if we scale Mount 9500 in May itself. But pls do your own due diligence before taking any trade.