My System - My trades.

[backbench]

I have a personal target of 1365/70 in reliance by this week.

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Varunji,
Reliance formed an inside bar, NR 7 day and bullish hidden divergence.And 36 ema is 1334.75.If closed above this level, your target is possible.

 

[varunkochhar]

So the low Volume bar in crude gave a good 20 points.

 

[varunkochhar]

A very low Volume bar formed at 6:57 with a close of 2996. So pls do not be short above 2996+2 = 2998.

 

[varunkochhar]

My Nickel Trades based on OBV BO in 1min.charts from 580 levels. A is my initial trade, followed by B,C,D,E,F and G as adds.

 

[checkmate7]

My Nickel Trades based on OBV BO in 1min.charts from 580 levels. A is my initial trade, followed by B,C,D,E,F and G as adds.

As usual great Varunji :thumb::thumb:

 

[varunkochhar]

As per today's trading these are the levels where the lowest volume of the day was made as per 1min.charts.

Yes Bank : 1600.30

NiftyFuture : 9352

Maruti : 6622.80

Tata Steel : 436.85

Reliance : 1324.60

Out of these Nifty (marginally) and Tata Steel closed below these levels. These levels would come into play tomorrow too. This just for observation.

i feel these levels or the pivots formed or that will form tom. near them should provide good support and resistance levels.

 

[varunkochhar]

Reliance 1350.

 

[varunkochhar]

I have a personal target of 1365/70 in reliance by this week.

Just Refreshing my views. 1352 from 1320 (2/3 rd of the target done)

 

[checkmate7]

Varunji whats you view on 23000 BNF CE expiry 11thMay??

 

[varunkochhar]

A low volume bar (lowest so far for today) got formed at 10:45 with a volume of 360 Contracts. The closing price of that bar was 22850.1. We are above thoselevels in OBV. So No shorts above 22843 (22840)