My System - My trades.

[varunkochhar]

 

[varunkochhar]

These 2 charts are compressed 1min.charts of Nifty for Nifty Lovers. I am measuring my words now. Support can come at any of the 1,2 or 3 range to resume the uptrend. Else ?

 

[checkmate7]

Varunji whats your view about Crude???

NF/BNF they do obey OBV but Crude now a days can change its trend anytime...Please post your charts and give us your valuable views..


Also if possible can you check for ZINC how does it hold in the given methodology.

 

[varunkochhar]

Zinc is ok above 164.75.

 

[varunkochhar]

Crude is weak below 3048-3060. Strength only above these levels for positional.Meaning do not be short above 3060.

 

[varunkochhar]

Sold Crude at 3004 with SL of 3015

 

[checkmate7]

Sold Crude at 3004 with SL of 3015

But Varunji crude obv and price both above 36 & 200 EMA...Any specific reason??

 

[varunkochhar]

Booked 10 points.

 

[varunkochhar]

The reason is there is a divergence in OBV and Price.

 

[varunkochhar]

Actually the SL should be 2 points above today's high of 3019.