General Trading Chat

[timepass]

No. The lowest 1min. TF. Because OBV is very reactive and best signals are got from lower TF's.

So, suppose I want to trade banknifty options, I should look out for the PDC of OBV of Banknifty futures on 1 minute time frame. Right ?

 

[varunkochhar]

yes you are right.

 

[varunkochhar]

Since you do not need to be very precise in selling options (rate wise) you can also use 5min. OBV. Just posting 3 charts of the last 3 days in BN using 5min. charts.

 

[varunkochhar]

 

[timepass]

What is that red dotted line in the price panel ?

 

[varunkochhar]

 

[varunkochhar]

TP ji that is the levels of LV bar.

 

[varunkochhar]

 

[vishal7176]

Thanks Varun ji

Really nice example .

 

[varunkochhar]