My System - My trades.

[varunkochhar]

In yesterday's example that we had discussed, one would have been up by 2000 points(8*250) or say Rs.80000 more.

 

[TraderRavi]

We are almost at lifetime highs of 20650 in BN. This rally which started at around 17800 is fuelled more by the shorters (the Retail) who are still in a state of denial.

varun sir , 28 jan 2015 , banknifty high was 20907 , not sure about BNF

 

[varunkochhar]

Sorry TRji what i meant was last years high.

 

[varunkochhar]

Yes the BN high was 20934.

 

[sikandar]

Hi bros
Any body looked at nov and dec 2016 pls let us know.
Thanks

 

[varunkochhar]

Next safe buy above 20505 provided there is a BO in OBV as Well. SL would be 20440.

 

[varunkochhar]

The market is sideways between 20440.8 and 20504.7

 

[varunkochhar]

The 200EMA has also caught up and is at 20436 at present. (We are using 200EMA only today as have not tried out 200WMA and moreover it is very far off at 20370)

 

[varunkochhar]

So how would i play the markets from here. I am long already, if we go below 200EMA, i will book my profits, but will not short as OBV is above 200EMA. Will go long again above 200EMA because then my new SL would be already defined. This is for intraday. For positional via the option route, the SL is still at 20180.

 

[VJAY]

Dear varunji,
For intraday entry when we not get fresh entry using 200 ema are we look for OBV breakout entry?oe any other entries there?like pb to 36 or 200 ?