Month: December 2018

Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.

Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.

NF

BNF


Room Chat

08:45 Vtrender Live : option charts – https://join.me/984-710-778
08:46 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/351905517
09:01 Shai : GM all
09:01 Uttam : Good Morning All 🙂
09:01 Uttam : welcome back Shai 🙂 hope you had a nicr break
09:01 Shai : Good to be back in the room 🙂
09:01 Shai : Thank you Uttam :). Yes I did
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-28th-dec/
09:02 Uttam : great
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-28th-dec/
09:03 Shai : https://vtrender.in/weekly-charts-24th-to-28th-dec-market-profile-analysis/
09:07 Shai : Last day of the year 2018
09:09 Jitender : Gm Folks 🙂
09:09 Jitender : Hi Shai…good 2 c u back+1
09:09 Shai : Thank you Jit
09:09 Vijayakumar : Gm all
09:10 Uttam : Shai island reversal in USDINR confirmed on Friday? headed lower from here?
09:11 Vijay : GM All
09:11 Shai : ON the last day of 2018, it’s my gut feel that 2018 will go down in history as the year that the bubble burst across europe and the US and all assest classes. EM is still there on the edge
09:11 Vinay : gm..shai..utam..jit//vijaykumar…vijay
09:12 Jitender : Gm Vinay
09:14 Vijayakumar : Gm all
09:16 Shriram : Good Morning all !!!
09:17 Uttam : both NF & BNF above the highs of the ‘p’ profile of Friday
09:17 Uttam : strong change of monthly close as a doji today in Nifty
09:18 Uttam : chance*
09:18 Ravi : GM all
09:19 Uttam : 10930 was the monthly open in Nifty
09:19 Uttam : and it has already made an outside bar on monthly
09:21 Uttam : above 10960 NF can go for that 10995 ext handle
09:21 Shai : +1
09:21 Shai : for now that test of 10920
09:21 Uttam : yes 10920 needs to hold
09:25 Shai : 10923 here – (09:21) Shai : for now that test of 10920
09:26 Uttam : +1 Shai
09:27 Boppanna : +1 Shai BNF 290?
09:27 Shai : BUyers are not there yet
09:27 Shai : esp BNF
09:28 Shai : 27255 can come in BNF
09:28 Uttam : ORR in both Shai?
09:29 Shai : ORR
09:29 Shai : 10880 for th taking here
09:29 Uttam : yes test of singles at 10897 coming
09:34 Ravi : @Uttam at what level this will be invaliadted for short
09:34 Ravi : (09:29) Uttam : yes test of singles at 10897 coming
09:35 Uttam : 10950 plus needs to stay below 10932 NF
09:35 Ravi : TQ @ Uttam
09:35 Shai : Above P high Ravi
09:35 Ravi : Tq Shai
09:35 Shai : trade is getting accepted in Friday’s value again
09:36 Shai : should test 897 P lows and 880 previous vpoc
09:39 Boppanna : 26100pe , 100-130 , BNF Below 290 to Shai’s , 290 defended for now looks like 25509:27 Boppanna : +1 Shai BNF 290?
09:40 Boppanna : soryy 27100pe
09:44 Uttam : dpoc shifting lower in NF?
09:47 Shubro : Uttam 80% rule that NF will move into fridays range?
10:01 Shai : lows are not yet secure in both for intra
10:01 Shai : BNF has a nice RS at 27345
10:02 Shai : RK is on leave today and tomorrow, so we won’t be sending out trade alerts today.
10:02 Manish : shai, question: only rk will be sending out trade alerts from now on or both you and rk ?
10:06 Shai : RK for intra
10:07 Himanshu : hi shai.. so u will be giving poistional trades only?
10:09 Shai : yes
10:10 Himanshu : cool..shai
10:10 Uttam : (09:44) Uttam : dpoc shifting lower in NF? dPOC at 10928 now in NF
10:10 Shai : massive slwodown in the auction
10:10 Shai : B is only 20
10:11 Uttam : expected Shai?
10:11 Shai : within A also
10:11 Shai : yes
10:11 Shai : see that big drop in volume in 30 mins
10:11 Uttam : yes vol bar hardly seen in the B
10:23 Jitender : looks like sum Fii sold at open to sq up n went home
10:28 Shai : 🙂
10:28 Shai : opp of friday is today’s profile
10:29 Uttam : yes ‘b’ forming and both stuck between the vwap of today & Friday
10:31 Ravi : @Uttam what is the white line in OF chart
10:33 Uttam : looks like max vol for that bar
10:33 Ravi : Tq @Uttam
10:39 Jitender : if we dont take out today’s hi by 3rd Jan…we will have a clr shrt for 10530 odd…probability
10:39 Jitender : n 26830 in bnf
10:40 Jitender : if we do..ten all iz well
10:43 Shai : yes definitely excess today – but confirms only at close
10:43 Jitender : sgx is the spoiler..in any tech ..post Dec 11
10:44 Jitender : once mkt opens..its a diff game
10:44 Uttam : vols building at 10925 in NF & C has made a double inside bar
10:46 Jitender : Dt done
10:47 Uttam : greens at vwap
10:47 Uttam : COT 20k
10:49 Jitender : posting last screenshot of 2018….https://vtrender.slack.com/archives/C0F2VRTPW/p1546233557000100
10:49 Jitender : just 2 remind everyone..if a technically challenged guy like me can do it….u also can…n VT is the best place to earn…
10:49 Jitender : n learn
10:50 Jitender : never let go of yr spirit n risk management…
10:50 Jitender : Wishing all a very prosperous New Year
10:50 Shai : Cheers Jit
10:51 Shai : Wish you a HNY 2019 too
10:51 Jitender : +1
10:51 Uttam : congrats Jit & keep rocking
10:51 Santhanam : +1 Jit
10:51 Shai : that 38K cot is sellers losing it
10:51 Jitender : adios guys…c u in the new year
10:51 Uttam : yes SL above vwap that 17k green
10:52 Uttam : cya Jit & Happy New Year in advance
10:52 Ravi : @Jitender if poosible u can post entries here if u have time after taking trade so that it will be helpful for newbies
10:52 Jitender : tx guys
10:52 Ravi : (10:49) Jitender : just 2 remind everyone..if a technically challenged guy like me can do it….u also can…n VT is the best place to earn…
10:53 Jitender : Ravi…tat will confuse u….coz tey wud be price based…but bought the first rise..ten the first dip..n ten the last one to 290
10:53 Uttam : (09:44) Uttam : dpoc shifting lower in NF? This was the first sign that downside could be stalling
10:53 Santhanam : Wishing everyone in our room a peacefull and profitable 2019
10:53 Uttam : if the seller remained in control the dPOC would have rermained higher at 10962
10:53 Jitender : Ravi…sent u on dm
10:54 Ravi : ok Jitender Tq
10:54 Jitender : just dm me on slck
10:54 Uttam : so for now we have a ‘b’ profile in both
10:55 Manish : jit, wish you a very happy new year.
10:55 Jitender : tx M..wish u n all the same
10:57 Uttam : NF pull back high exactly at Friday high of 10946
10:57 Uttam : so the ORR still in place
10:58 Uttam : same with BNF pull back high at 27350 exactly the high made on Friday
11:06 Uttam : (09:10) Uttam : Shai island reversal in USDINR confirmed on Friday? headed lower from here?
11:16 TP : GM All.
11:16 Uttam : hey Tej loggin in now or taking a break now 🙂
11:17 TP : came in too get my share of dt 😉
11:17 Vijayakumar : uttam ,can we consider this ‘b’ profile is bullish
11:17 Vijayakumar : ?
11:17 Shai : TP is here , so liquidity should rise 🙂
11:17 Uttam : lol +1 Shai
11:17 TP : chief wc back , liquidity moves with you 😉
11:18 TP : p and b to close the year 😉
11:18 Uttam : RK would have played his dVAH to dVAL trade today intra in NF
11:18 Uttam : 10940 to 1020
11:18 Uttam : 10920*
11:18 Uttam : ‘b’ profile set up
11:18 Shai : @vijayakumar a b profile is long liquidation so longs coming out of the market, = not bullish
11:18 Shai : thanks TP. 🙂
11:19 Vijayakumar : thanks shai
11:19 Vijayakumar : for the guidance
11:19 Shai : it is to be confirmed end of day though
11:19 Vijayakumar : i am sure i will learn MP this 2019 with your guidance
11:20 Shai : #USDINR 70.15 is intra res
11:21 Uttam : 11k red getting stuck in NF at 10925?
11:22 Shai : don’t see a island- (11:06) Uttam : (09:10) Uttam : Shai island reversal in USDINR confirmed on Friday? headed lower from here?
11:22 Shai : 69.90- 70.60 bracket still in USDINR F
11:22 Shai : day 8 today
11:23 Uttam : looks like getting resisted at 69.9 today?
11:23 Uttam : after probing lower?
11:24 Uttam : sorry 69.9 is the spot price but Fut
11:25 Vijayakumar : dear shai,i would like to take positions this month
11:25 Uttam : (11:18) Uttam : 10940 to 1020(11:18) Uttam : 10920* Done
11:25 Vijayakumar : rathan than intraday trades
11:25 Vijayakumar : pls do guide me
11:26 Uttam : 23k red at 10918
11:26 Shai : we will wait for the big money to return on wed and thurs for a positional play
11:26 Uttam : morning buyers getting out?
11:26 Uttam : COT -36k
11:28 Uttam : NF low 10917 same as Friday vwap
11:28 Ravi : @Uttam can we go long as per 80% In NF
11:28 Uttam : @Ravi it is trading between the 2 vwaps
11:29 Uttam : as mentioned before
11:29 Ravi : ok
11:29 Uttam : 10950 was res & it made a high of 10945
11:29 Vijayakumar : sure Sha
11:29 Vijayakumar : Shai*
11:29 Uttam : and from there low of 10917
11:29 Vijayakumar : i will wait
11:29 Ravi : ok Uttam Tq
11:29 Uttam : if we do not extend IB to the downside here then profile will continue to be a ‘b’ & revisit to 10945 could come
11:30 Ravi : about invalidation downside Uttam (11:29) Uttam : if we do not extend IB to the downside here then profile will continue to be a ‘b’ & revisit to 10945 could come
11:30 Uttam : no downside for now till IBL breaks
11:31 Uttam : downside probe done
11:31 Ravi : Ok Tq Uttam
11:31 Uttam : if breaks IBL then we can see 10897 & 10880
11:35 Porus : buy stops taken i nf?
11:35 Porus : 72k
11:35 Shai : yes
11:36 Shai : liquidity issue
11:36 Shai : could mean the end of the downmove
11:36 Uttam : +1 Shai
11:36 Uttam : green box also here
11:36 Uttam : plus pink band in PE & green band in CE
11:37 Shai : yes definitely a program buy
11:37 Shai : pre planned
11:37 Shai : he swamped eveything
11:37 Uttam : pink band in PE has been negated though
11:37 Shai : 80% done
11:37 Uttam : yes
11:38 Shai : now secure – (10:01) Shai : lows are not yet secure in both for intra
11:38 Uttam : +1 Shai
11:38 Uttam : BNF still contacting here
11:38 Vijayakumar : i could see the 16580 in yellow colur and 1880 in white colur and 1380 in blue colur
11:38 Uttam : all inside A period
11:38 Vijayakumar : could you please explain shai
11:38 Vijayakumar : ?
11:39 Uttam : probable FA in NF at lows
11:42 Shai : which chart @vijaya are you looking at?
11:42 Shai : NF can do 10936 again
11:42 Uttam : +1 Shai entered via 10900ce
11:42 Himanshu : due to tail shai?(11:38) Shai : now secure – (10:01) Shai : lows are not yet secure in both for intra
11:43 Shai : 72k Buyer Himanshu
11:43 Himanshu : okk
11:43 Shai : biggest RB guy
11:43 Uttam : and also NF went below IBL and got reejcted back
11:43 Himanshu : and zeros below that indicates stop losses?
11:44 Shai : yes . He is a program
11:44 Shai : pre fed in system
11:44 Himanshu : okk thanks
11:44 Uttam : probable FA in 10900ce also at 189
11:45 Uttam : plus we got a green band there as well
11:45 Vijayakumar : foot print chart shai
11:45 Uttam : 5mins or 30mins
11:45 Vijayakumar : 5mins
11:46 Uttam : white is the delta of the bar on the top
11:46 Uttam : blue is the COT
11:46 Vijayakumar : ok
11:46 Vijayakumar : COT mean
11:46 Uttam : and yellow is the vol of that bar
11:46 Uttam : Commitment of Traders – aggressive buyers minus aggressive sellers
11:46 Vijayakumar : thanks Uttam
11:47 Vijayakumar : 🙂
11:48 Himanshu : shai uttam isnt the lows in NF is mechanical i.e fridays Value Area low?
11:51 Uttam : we got below IBL & got buyers HImanshu so that is an important sign plus 10905 was the singlles of the ‘p’ of Friday if we ignore the spike close when it made a low of 10897
11:51 Uttam : so we got buyers defending that level today
11:53 Shai : No Himanshu . Mechanical would be the day high or week high lows. No one tracks the VA that closely for it to be mechancal
11:53 Shai : we are the only ones who do 🙂
11:53 Uttam : 🙂 Shai
11:54 Vijayakumar : what is mechanical high/low?
11:55 Vijayakumar : uttam/shai
11:56 Subhodeep : 3 Shai : 72k Buyer Himanshu… shai are you getting this fromt he nf 30 min tf chart ?
11:56 Praneeth : Hi All
11:56 Praneeth : @uttam, once u get a chance pls check slack DM
11:57 Himanshu : great shai (11:53) Shai : we are the only ones who do 🙂
12:04 Ravi : Tq Shai & Uttam done 10910-26
12:09 Boppanna : Shai vix you expecting India vix rising from here ?
12:10 Boppanna : For Jan I meant
12:15 Shai : 5 mins charts – (11:56) Subhodeep : 3 Shai : 72k Buyer Himanshu… shai are you getting this fromt he nf 30 min tf chart ?
12:15 Shai : he got that move to vwap done
12:16 Shai : 10960 is the xome of the open where the open buyers were overpowered
12:16 Shai : will be resistance for next few days
12:17 Shai : but big move lower is when we go in the singles of friday
12:17 Boppanna : 80% done in BNF
12:18 Shai : vix range for Jan is 14 to 17.30
12:18 Shai : anything abv 17.30 strat wacithing lower strikes for buying
12:18 Shai : put buying**
12:19 Boppanna : thx Shai
12:22 Boppanna : Shai any big buying in 27100pe?
12:23 Uttam : 17k red in BNF & 25k red in NF at new lows
12:24 Vijayakumar : shai , thosepink colur orders are sellers
12:24 Vijayakumar : andgreen are buy orders
12:25 Vijayakumar : pls correct meif i am wrong
12:25 Uttam : @Vijayakumar if you have gone through the OF videos these concepts are explained in them
12:25 Vijayakumar : ok
12:25 Uttam : they are seller imbalance & buyer imbalance
12:26 Subhodeep : 12:17 Shai : but big move lower is when we go in the singles of friday: but then at around 10839-40 27/12 which has the most tpo print or value, should i infer that as a obj if the singles of friday come ?
12:38 Ravi : @Uttam can we consider FA in BNF
12:39 Vijay : Shai+1 (09:28) Shai : 27255 can come in BNF
12:40 Boppanna : Potential FA still needs to cross vwap and IBH for FA confirmation
12:40 Ravi : Tq @Boppanana
12:47 Boppanna : BNF guy gives vwap 12:23 Uttam : 17k red in BNF & 25k red in NF at new lows
12:48 Uttam : yep Bops NF also coming
12:48 Uttam : that CE & PE had another green & pink band in this new dip
12:49 Uttam : poor lows in NF
12:49 Uttam : plus seller stuck
12:50 Boppanna : Uttam that morning high in NF was RM marker or where there voulmes there?
12:50 Shai : yes will run to vpoc 10839- (12:26) Subhodeep : 12:17 Shai : but big move lower is when we go in the singles of friday: but then at around 10839-40 27/12 which has the most tpo print or value, should i infer that as a obj if the singles of friday come ?
12:50 Uttam : yes Bops looks like RM marker so have taken IBH as 10967 for the day
12:51 Boppanna : thx
12:51 Uttam : NF high so far in this bounce 10925 & vwap 10926
12:51 Uttam : that stuck sller getting out mostly that 20k green at top
13:06 TP : Premium in F very high compared to spot .
13:06 TP : could be due to longer Jan series ?
13:07 Uttam : yes Tej series ending on the last day of the month
13:16 Uttam : Nifty Spot took sup just above singles of 10850 & if stays above 10865 will be bullish
13:19 Ravi : Uttam about invalidation to that long??(13:16) Uttam : Nifty Spot took sup just above singles of 10850 & if stays above 10865 will be bullish
13:19 Uttam : 10850 Ravi simple
13:20 Ravi : Tq Uttam
13:21 Uttam : NF does VAH
13:22 Uttam : ‘b’ profile doing its bit
13:22 Vijayakumar : uttam, in 3o min order flow there ae bubbles in green and pink colur
13:22 Uttam : 10935 is also the weekly VAH so sustaining above it can be bullish
13:22 Vijayakumar : how to infer them
13:22 Vijayakumar : ?
13:24 Uttam : https://vtrender.slack.com/team/U0HJRHZ8D
13:25 Uttam : @vijayakumar you have lot of pinned items in the learning strategies channel
13:25 Uttam : you can go through them once
13:26 Vijayakumar : sure Uttam
13:26 Vijayakumar : thanks
13:29 Uttam : overlapping POC in NF at 10920
13:29 Uttam : p+b so far giving a 3-1-3 profile
13:30 Uttam : on a 2-day composite
13:42 Shubro : Uttam what is a 3-1-3 profile?
13:46 Shai : window dressing guys here
13:46 Uttam : big greens in NF Shai?
13:46 Shai : yes quarter end
13:46 Uttam : finally can book that 10900ce looks like 😉
13:47 Uttam : FA still valid at lows in that though needs to confirm
13:47 Uttam : monthly doji coming 😉
13:53 Uttam : (13:16) Uttam : Nifty Spot took sup just above singles of 10850 & if stays above 10865 will be bullish…20 points up from there
13:53 Uttam : day’s Value is also 20point range only
13:56 Uttam : 10946 & 10960 coming in NF?
14:10 Gaurav : @Uttam, please update dec series vwap and poc in the weekly or daily report once you get time
14:11 Uttam : it is done Gaurav
14:11 Uttam : in the daily report
14:12 Gaurav : ok thanks, must have missed it
14:19 Dharmesh : those delta div alerts are from 5 min time frame ?
14:35 Gaurav : dvah to dval
14:43 Uttam : @Gaurav had updated them this morning 🙂
14:45 Uttam : @Dharmesh those alerts are tick based I suppose and show up as & when they are triggered
14:53 Shai : looks to close around here
14:53 Shai : first 2 sessions of the new series are in a 50 point range
14:54 Shai : overlap
14:54 Uttam : volumes also on the lowest side
14:54 Shai : yes
14:55 Uttam : only 54L in NF so far, lowest in last month was 63.7L on 4th
14:55 Uttam : DEc
14:55 Uttam : and that was the lowest since Aug
14:56 Uttam : BNF just 12.3L so far
15:04 Subhodeep : @UTTAM where would i be able to check the volumes as you do ?
15:05 Uttam : stack chart you have it in the table with values
15:05 Uttam : 5.77m in NF & 1.27m in BNF
15:12 Uttam : @Shai we could get a big move tom?
15:12 Uttam : from this 2-day balance & overlapping POC?
15:13 Praneeth : tomorrow also would be low volume i think.. may be from wednseday we may see good movement
15:13 Uttam : profile wise looks like we can get a move away tom
15:14 Praneeth : oh ok…
15:14 Shai : noon onwards tom volume should pick
15:17 Shai : The room would be functional as usual from 9.00 am tomorrow
15:17 Praneeth : shai, any intraday view on usdinr for today?
15:18 Uttam : thanks Shai
15:18 Praneeth : any chances of breaking 69.9 today?
15:19 Praneeth : so far price grinding near 69.96
15:19 Shai : 69.90 supp
15:19 Shai : yes no volume in it
15:20 Praneeth : ok
15:20 Praneeth : thanks shai
15:20 Shai : For me 31st of Dec , the last day of the year, is a Thanksgiving day , where I want to thank you, for all the love, support, friendship, we shared through the year.
15:21 Azmath : _/\_
15:21 Shai : And here’s looking forward to a lot more of it in 2019 & beyond.
15:22 Uttam : thanks so much Shai 🙂 it has been an absolute pleasure to be part of this set up conceptualised & maintained by you
15:22 Ravi : Thank you also Shai,,Uttam RK and all others in the trading room for constant support and with this beautiful setup
15:22 Vijay : thanks shai, wish you a very healthy, wealthy and prosperous new year
15:22 Uttam : and yes looking forward to a rocking 2019 here at VT
15:22 Porus : Ours is a happy family. Can only wish for more happiness for us all!
15:22 Gaurav : thanks SHai, everyone. HNY to everyone
15:23 Gaurav : Thanks Shai, wish all a happy new year
15:23 Shai : Wish you all a Happy new Year’s 2019. Stay Blessed, Happy , Healthy and prosperous.
15:24 Boppanna : Thanks Shaifor your guidance a Happy New to All
15:24 Boppanna : *Year
15:24 TP : Shai thanks for the awesome room , wishing team VT a very Happy and prosperous New year.
15:24 Vijayakumar : wish you all very happy new year
15:24 Santhanam : Thanks to this team and has been a great learning phase for me personally and the sharing by all the good hearts needs lots of hugs…. Let’s Rock together in 2019 too:)
15:25 Uttam : +100 guys…a very Happy New Year in advance to All & lets keep getting better in 2019 🙂
15:27 Praneeth : Wish you all happy and prosperous new year 2019..
15:27 Praneeth : Thanks shai and others for the support and guidance
15:27 Shai : Cheers guys. Let’s rock 2019 again
15:29 Uttam : thanks All 🙂 and have a great end to 2018
15:29 Shai : Thanks all. Catch up next year 🙂
15:29 TP : Bye All.
15:30 Prudhvi : Enjoy NYE. bye everyone

Order Flow charts dated 31st Dec

A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an OrderFlow chart.

Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.

NF

BNF


Room Chat

08:27 Vtrender Live : (08:26) Vtrender Live: option charts – https://join.me/439-353-849
(08:27) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/526175221

09:25 RK : (09:24) RK : Short BNF 27250 for 27200 SL 27300

09:43 RK : (09:43) RK : BNF stopped (09:24) RK : Short BNF 27250 for 27200 SL 27300

10:38 RK : (10:37) RK : Long NF 10915 SL 10890 for 10945

10:45 RK : (10:44) RK : Exit at cost (10:37) RK : Long NF 10915 SL 10890 for 10945

10:57 RK : (10:56) RK : Short NF 10920 for 10895 SL 10945

13:43 RK : (13:38) RK : NF keep SL above this high 10946 (10:56) RK : Short NF 10920 for 10895 SL 10945

13:45 RK : (13:45) RK : Short BNF below 27290 for 27240 SL 27330

14:00 RK : (13:56) RK : BNF stopped (13:45) RK : Short BNF below 27290 for 27240 SL 27330

14:41 RK : (14:41) RK : Keep system SL at 10945..can spike if gets there (13:38) RK : NF keep SL above this high 10946 (10:56) RK : Short NF 10920 for 10895 SL 10945

15:06 RK : book full 10900 (14:41) RK : Keep system SL at 10945..can spike if gets there (13:38) RK : NF keep SL above this high 10946 (10:56) RK : Short NF 10920 for 10895 SL 10945


08:26 Vtrender Live : option charts – https://join.me/439-353-849
08:27 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/526175221
09:06 Jitender : Gm Folks 🙂
09:06 Uttam : Good Morning All 🙂
09:07 Uttam : The daily report got delayed as new series starting & charts got delayed but the hypos have been posted for today in slack
09:12 TP : GM All.
09:12 TP : Jit you get your gap up .
09:12 RK : GM All
09:12 Boppanna : GM all, Jit got his gap up
09:13 TP : Dow recovered almost 1000 points from the lows , green Santa working well 🙂
09:14 Jitender : cheers BoP
09:15 Ravi : GM all
09:17 Uttam : NF tagging that vpoc of 10884
09:17 Uttam : negating yesterdays FA
09:17 Uttam : trend day vwap also there
09:17 Uttam : BNF gets bullish above 27235
09:18 Uttam : above 10885 NF can do 10917
09:19 Uttam : new series starting with a drive up?
09:20 Boppanna : BNF going for yesterday’s tail?
09:21 Jitender : had mentioned in chat yday..tat spx wud recover by EOD
09:22 Uttam : Santa got a bit late & reporting by new years this time
09:23 Ravi : GM all
09:24 RK : Short BNF 27250 for 27200 SL 27300
09:28 TP : Aussie tail wagging again.
09:28 Uttam : let it wag Tej but this match is ours 🙂
09:28 TP : Uttam rain forecast , India has to ensure follow on to win .
09:30 Uttam : oh is it Rain 🙁
09:30 Uttam : (09:18) Uttam : above 10885 NF can do 10917
09:31 Uttam : 7th wkt down as soon as I put cricinfo 🙂
09:31 TP : +1 keep on watching 😉
09:31 Uttam : 🙂 lol
09:33 Uttam : 27289 is the selling tail in BNF
09:33 Uttam : above that can do 27350-369
09:35 Boppanna : morning reds being countered looks like in BNF
09:35 Praneeth : uttam, just for my understanding, when u said 27289 is selling tail, you mean spot or latest series Jan bnf F?
09:36 Uttam : Jan BNF Praneeth
09:36 Praneeth : cool, thanks uttam
09:38 Uttam : (09:18) Uttam : above 10885 NF can do 10917…NF high 10913 so far
09:41 Uttam : above 10921 NF can go for that 10950 ext handle
09:41 Uttam : 10915 high so far
09:41 TP : Vol have been very good in NF for holiday season .
09:41 Uttam : BNF again giving a false expiry move
09:43 Uttam : NF high 10917
09:43 Uttam : to the dot
09:43 RK : BNF stopped (09:24) RK : Short BNF 27250 for 27200 SL 27300
09:43 Boppanna : pushing here 09:33 Uttam : 27289 is the selling tail in BNF
09:44 Uttam : BNF is bullish above 27150 & 27205 Bops
09:44 Uttam : OTD (up) in BNF RK?
09:44 Jitender : had bought 26.9ce yday 214 🙂
09:44 Uttam : NF is a OD
09:44 Uttam : super Jit 🙂
09:44 Jitender : +1
09:44 RK : OD Uttam
09:45 RK : low is freak
09:45 Uttam : Oh ok RK, thanks
09:45 Uttam : Profile chart I felt it made amove lower post open to that poc of 27040
09:45 Subhodeep : could we have the tpo chart adjusted on the screen?
09:46 Boppanna : Nice Jit
09:46 Praneeth : +1 jit
09:46 Jitender : +1 guys
09:48 Subhodeep : @uttam rk the mprofile chart i thnk is out of sight .
09:48 Subhodeep : nf
09:50 Uttam : will check Subhodeep
09:51 TP : BN vwap now ?
09:51 TP : 27255 on my chart
09:51 Uttam : 27245 here Tej
09:51 RK : yes 255
09:52 TP : tks
09:54 Uttam : NF & BNF both above the trend day vwap
09:54 Uttam : Nf negating the FA of yesterday means PLR now towards 11021
09:58 Shubro : Uttam NF MP chart needs adjusting?
10:01 Uttam : yes Shubro have sent a msg to Shai asking if it can be done
10:01 Shubro : many thanks Uttam and GM
10:02 Uttam : Subhodeep had already indicated that 🙂
10:02 Shubro : sorry i just signed in
10:02 Shubro : yawm!
10:02 Shubro : TGIF!!!!
10:02 Boppanna : Was this for bots text book bounce from there 09:51 TP : 27255 on my chart
10:03 Uttam : MP chart adjusted 🙂
10:03 Subhodeep : thanks
10:03 Shubro : Thanks !!!
10:03 TP : ist vwap touch bot responded well 😉
10:03 Subhodeep : @uttam please check dm when you find time
10:04 RK : not going to be a trend day
10:04 RK : lets wait till 10.45 or so
10:04 TP : was about to ask same , trend day in making.
10:05 RK : BNF not in sync with NF imo for the upmove..lets wait for more clues
10:06 TP : yes waiting better.
10:06 RK : till D period if they hold VWAP then yes it could extend upside further..
10:06 Himanshu : rk, uttam volumes good for the drive?
10:06 TP : +1
10:06 RK : Himanshu vols are decent sofar and drive is already done..
10:06 Uttam : volumes not as good as needed for a drive but better than average
10:06 Uttam : +1 RK
10:06 MJ : Good morning fellas.
10:07 Himanshu : yes rk
10:07 Uttam : hey Mihir so you back to saving that 10777 in NF 🙂
10:07 MJ : 🙂
10:07 MJ : You remember haan.
10:08 Subhodeep : @mj now even i can connect 10777 with mj
10:08 Subhodeep : reading for the last two sessions 🙂
10:08 Uttam : 8th wkt gone
10:08 MJ : If anyone follows OTM system of suyog. That dip to 540 was Ideal swing long.
10:08 MJ : Uttam Logging from remote 🙂
10:08 MJ : Busy spotting some tigers in Pench.
10:08 Uttam : enjoy your holiday Mihir
10:09 Uttam : get off the mobile
10:09 MJ : Room was missed.
10:09 MJ : 🙂
10:10 Uttam : 🙂
10:10 Himanshu : dpoc and dvah same rk
10:10 MJ : Uttam the RO is the new RO point for Jan series right?
10:11 RK : Yes Himanshu
10:12 Himanshu : we can watch out for C failure?
10:13 Uttam : @Mihir where do you see the RO?
10:13 MJ : 10873
10:13 MJ : There was a line RO
10:13 Boppanna : Uttam promising 11000 for the bulls before new year so watch out 09:54 Uttam : Nf negating the FA of yesterday means PLR now towards 11021
10:13 MJ : Moved up.
10:13 Uttam : Shai will have to confrim on that once he is back Mihir
10:14 MJ : At ease will check with him in new year.
10:14 Uttam : sure
10:14 MJ : Last 5 days when Market visited 10540 this is what I observed via OTM system. Price not dropping below OTM. PCR stayed above 1. Maxpain shifted to 10650. PLR upwards.
10:15 Gaurav : thats the highest RO point, lowest is around 10650 i think in that monday dip
10:15 MJ : Gaurav yea 10650 was first big rolls.
10:15 MJ : yes* 10650
10:15 Subhodeep : 9 down for 151 bumrah destroyer in chief
10:16 Uttam : super imagine India in Aus & we have the option of giving them a follow on
10:16 MJ : all out
10:16 MJ : 151
10:16 Uttam : did tell yesterday that this match is ours 🙂
10:17 Gaurav : C extension
10:17 Subhodeep : at least we shall not lose this test unless there is a very very special inning s of 281 kinds
10:17 MJ : Gaurav hope you are giving higher high in D too.
10:17 Uttam : (10:17) Gaurav : C extension..we have A period singles also today & a drive so keep that also in context
10:17 Gaurav : yes, no big reds here
10:17 MJ : No follow on TP.
10:18 Uttam : vwap needs to hold till D is over as RK said
10:18 Uttam : Bumrah’s ball to Shaun Marsh was just awesome
10:18 MJ : Slow yorker right?
10:18 Uttam : who tild that slow balls are only for T20
10:19 TP : i KNEW IT mj BATTING 4TH IS NO WHAT kOHLI WANTS .
10:19 TP : sorry for caps.
10:19 MJ : Oh tp is excited 😉
10:19 Uttam : all of us here are Mihir 🙂
10:19 Uttam : its that kind of a day for Team India
10:20 Gaurav : fairplay to Kohli, we havent had any successful chases while batting last this year
10:20 MJ : This energy in the room is ebullient.
10:20 Gaurav : gives our pacers more rest
10:20 MJ : +1 Gaurav.
10:21 Uttam : RK chances of a ‘p’ playing out also there today?
10:21 TP : But maybe we need not bat 4th , this decision to not enforce follow on might cost us the match !!
10:22 Uttam : if not for the rain issue we have good time in this match Tej
10:22 Uttam : and the pitch will get worse
10:22 Uttam : Jadeja can prove to be a handful in the 4th innings
10:22 Uttam : did Vihari get to bowl today 😉
10:22 RK : need more time to conclude (10:21) Uttam : RK chances of a ‘p’ playing out also there today?
10:23 Jitender : not enforced follow on
10:23 Uttam : yes thanks RK
10:23 Jitender : India wiill bat
10:23 MJ : Vihari got couple of overs in.
10:23 MJ : First ball of his spell was a dropped catch.
10:23 Uttam : yes just checked 3-2-1-0 his figures
10:23 Uttam : ohhh is it
10:23 MJ : Yeah Rishab pant.
10:24 Uttam : total 6 Mihir
10:24 MJ : lol
10:24 Jitender : shld have enforced follow on..tey had momentum
10:24 TP : exactly jit
10:25 Uttam : lets the batsmen also have some fun guys 🙂
10:26 Jitender : n ten if it rains on 5th day
10:26 Uttam : morning with a new ball will be more better fist for our pacers then forthe spinners to take on
10:26 TP : anyone tried Dartstocks trading platform from Upstox.
10:26 Uttam : tom it will get over Jit
10:26 Jitender : 2mrw by tea..tey will declare
10:26 Jitender : hopefully
10:27 Jitender : so 4th day will be in action
10:27 Jitender : ten 5th..if aussies survivw
10:27 Jitender : survive
10:27 Boppanna : IMO woon’t be a P Uttam shoot for 11000 / 27500 test or or in BNF break vwap and push down to test 272200/27000
10:28 Jitender : BoP…watc C hig or low break
10:28 Jitender : tats the clue
10:28 Jitender : watch
10:28 Uttam : 29 over remaining today Jit & Oz bowelrs will be a dissapointed lot so if we can score quickly I can even see a overnight declaration by Kohli
10:28 Jitender : k
10:28 Boppanna : ok Jit
10:28 Jitender : by lunch 2,rw or tea…lets c
10:29 Jitender : watever happens..Ind shld win
10:29 Jitender : its now for tem 2 not fuck up
10:29 Uttam : (10:27) Boppanna : IMO woon’t be a P Uttam shoot for 11000 / 27500 test or or in BNF break vwap and push down to test 272200/27000…yes Bops drive vwap goes means day low can come but looking at the singles of morning I feel buyers can come if mornign singles entered
10:31 Boppanna : 1st not a holiday right?
10:31 Uttam : no Bops
10:31 Boppanna : thx
10:32 Jitender : 260 was first PB lo
10:33 Uttam : 27255 morning singles Jit
10:33 Ravi : @uTTAM U MEAN IT GOES DOWN TO 27255
10:34 Ravi : @Uttam
10:35 Uttam : that is the support for the day Ravi in case it dips there later
10:35 Ravi : Ok uttam
10:35 Jitender : tx (10:33) Uttam : 27255 morning singles Jit
10:37 RK : Long NF 10915 SL 10890 for 10945
10:37 Jitender : Uttam..wats C low in bth nf & bnf ?
10:38 Uttam : 27291 & 10914 so far
10:38 Jitender : k
10:42 Praneeth : Jit, 27236 possible now?
10:44 RK : Exit at cost (10:37) RK : Long NF 10915 SL 10890 for 10945
10:50 Subhodeep : @ group seniors and moderators : if i were to go for a brokerage change , who should i go for please give me your inputs
10:50 TP : Jit check the terminal …outstanding ….(10:26) TP : anyone tried Dartstocks trading platform from Upstox.
10:52 Ravi : @RK any reason for cancelling the call
10:52 Jitender : sure Tej..tx
10:53 TP : +1
10:53 MJ : When they started they gave 90 or 180 days free.
10:53 MJ : Is it still there TP?
10:55 RK : Ravi its a decision between P or trend day..so lets wait for sm more time..if want to go long we will take it lower..(10:52) Ravi : @RK any reason for cancelling the call
10:55 Ravi : Tq Rk
10:55 Uttam : +1 RK or we go long above day hgihs as that will mean trend day chances good?
10:56 Uttam : D needs to extend higher for that though
10:56 RK : Short NF 10920 for 10895 SL 10945
11:01 Boppanna : India vix still not bothered by US vix?
11:02 RK : BNF could to 235
11:03 Uttam : BNF at vwap
11:04 TP : no charges mentioned anywhere …..(10:53) MJ : Is it still there TP?
11:04 MJ : Awesome.
11:04 MJ : Need to get a nice windows machine now.
11:05 TP : why are the batting at 2.5 run rate …315 lead guys just pump up the score .
11:05 RK : If you wanto join the trend day dont enter at highs..measure the rotations and use pullbacks with small sL to enter.(10:55) Uttam : +1 RK or we go long above day hgihs as that will mean trend day chances good?
11:05 Uttam : oh ok RK super input 🙂
11:05 RK : that 915 long based on that
11:06 RK : measure prev pullback..roughly 18..so thought of entering on second pullback aroun 915..but BNf was not in a mood again..so scratched it and decided to wait
11:06 Subhodeep : 4 tpo print at current levels suggests that value is trying be found and equated to price here given time elapsed?
11:06 Subhodeep : @rk?
11:06 Uttam : nice RK +1
11:07 RK : 4tpo at where?
11:07 Subhodeep : at current levels 10914 10927 range ?
11:08 RK : yes balance in making after a drive..
11:08 RK : imbalance > balance
11:08 Boppanna : Morning MB 924-904 Subh in chart
11:09 Subhodeep : yep rk and thanks bops
11:12 Jitender : Tej..in dart..nest watchlist is nt tere..has 2 b created fresh or tere is a way to import ?
11:13 TP : +1 jit same question bugging me …i deleted default list and adding manually .
11:13 Jitender : k
11:13 TP : only good ting is order execution is blazing .
11:13 Jitender : k
11:14 Jitender : analytic panes look good
11:14 TP : yes
11:14 TP : go on watchlist in top line , create your own, add symbols.
11:15 Jitender : k
11:16 Praneeth : uttam, pls check slack DM once u get a chance
11:23 Jitender : same lo (10:32) Jitender : 260 was first PB lo
11:24 Jitender : vols dead ?
11:30 Uttam : all watching match 😉
11:31 TP : 28/2 crr 1.95 , wrong decision .
11:31 TP : could have been aussie score in case of follow on 😉
11:31 Uttam : Tej batting will get more difficult on this pitch as time goes
11:32 Uttam : new ball they were scoring at 4 but as ball getting older runs drying up
11:32 TP : yeah could be , maybe i am expecting 3IB inthe result also 🙂
11:32 Jitender : kohli out
11:32 Jitender : zero
11:32 Uttam : lol
11:32 TP : BC
11:33 Uttam : pujara also 0
11:33 Jitender : exzactly
11:33 Subhodeep : 2 donws fo r28
11:33 Uttam : its Mayank Jit??
11:33 Jitender : kohli
11:33 Subhodeep : 3 now
11:34 Uttam : oh yes
11:34 Uttam : cricinfo first showed as Mayank the now chnaged
11:35 Uttam : leg gully for pacers got both the big 1st inning scorers
11:35 Rajiv : When skilled people start to gamble @viratkohli
11:35 Jitender : in UP tere’s a term called “chavan chu**ya”..means u r an idiot even after eating chavanprash
11:36 Himanshu : its “chaman” jit
11:36 Jitender : diff regions..diff taste 🙂
11:37 Himanshu : 🙂
11:37 Uttam : India will make sure match gets over tom Jit
11:37 Uttam : and we are wining guys so take it easy 🙂
11:37 Himanshu : india wil win ..no worries
11:38 Uttam : (10:21) Uttam : RK chances of a ‘p’ playing out also there today?
11:38 Jitender : 4th out
11:39 Uttam : they want to make Oz bat today only as you all wanted ;-p
11:39 Subhodeep : seems like a procession
11:39 Subhodeep : aaya ram gaya ram
11:40 TP : thanks RK ….(11:02) RK : BNF could to 235
11:40 Uttam : +1 RK
11:42 Uttam : 3rd attmpt at vwap & BNF gave way
11:42 Prudhvi : 14k guy stuck?
11:44 TP : Varun’s tweet …sounds good …”ndia should bowl in the in first session tmrw. Declare overnite ”
11:44 Gaurav : all storke players there now, mayank, rohit and pant should score quickly
11:45 Uttam : (10:28) Uttam : 29 over remaining today Jit & Oz bowelrs will be a dissapointed lot so if we can score quickly I can even see a overnight declaration by Kohli
11:45 Uttam : @Tej
11:45 TP : +1
11:45 Uttam : 350
11:45 Uttam : is not going to be gettable on this pitch
11:45 Subhodeep : now no decalration … cumming right now the overs bowled =no of ickets, no of runs scored of him
11:46 Uttam : Mayank almost got run out here ;-p
11:47 Uttam : Indians are playing to a plan
11:48 Subhodeep : under shastri they always play to a plan , the plan being not to have apln
11:48 Jitender : Uttam..chck the vols in 27.1ce at 210
11:48 Boppanna : +1 Jit
11:48 Uttam : checking Jit
11:49 Subhodeep : @jit is it on any of the charts out here that are shared that we can check volumes?
11:49 Subhodeep : for the options?
11:49 Jitender : nope
11:49 Jitender : tere is one link fr 4 options in goto
11:50 Jitender : wich Uttam wud have shared
11:50 Subhodeep : yeah i have that
11:50 Subhodeep : but for checking volumes where do you do that ?
11:50 Jitender : tats y asked Shubho
11:50 Jitender : normally u get n idea in bar charts ..vol indicator
11:52 Subhodeep : yes but i have a few doubts when it comes to reading volumes , shall post the query in slack
11:52 Uttam : yes Jit 5x vols on 1min bar at that dip at 210
11:55 Jitender : qty..as in how much ?
11:58 Praneeth : jit, uttam DD possible in bnf now?
11:58 Praneeth : or would this stop at dvah
11:59 Uttam : 26k was vols i that bar whereas avg is 4k
11:59 Jitender : tx
11:59 Uttam : 🙂
11:59 Jitender : Parneeth,,…can extend
11:59 Praneeth : ok
11:59 Uttam : no DD Praneeth total TRend day we want 😉
11:59 Jitender : Rk can also gv his views ?
12:00 Uttam : but BNF not willing
12:00 RK : BNF still inside day and P in making now..so avoid chasing longs at highs if you bullish..long on pullbacks..and if you are bullish can avoid fading at tops..
12:01 RK : for me 290-320 short zone 220-240 long zone
12:01 RK : and its working
12:01 Praneeth : +1 RK
12:02 RK : BNF proved it and NF not yet (10:04) RK : not going to be a trend day
12:02 RK : (10:05) RK : BNF not in sync with NF imo for the upmove..lets wait for more clues
12:06 Ravi : Can u tell about invalidation for short RK (12:01) RK : for me 290-320 short zone 220-240 long zone
12:06 RK : cheers Tej (11:40) TP : thanks RK ….(11:02) RK : BNF could to 235
12:06 RK : 27360 Ravi (12:06) Ravi : Can u tell about invalidation for short RK (12:01) RK : for me 290-320 short zone 220-240 long zone
12:07 Ravi : ok Tq Ravi
12:08 RK : early vwap dip after drive and acceptance back in IB range post that 336 swing high (11:42) Uttam : 3rd attmpt at vwap & BNF gave way
12:10 Ravi : OK Tq RK(12:06) RK : 27360 Ravi (12:06) Ravi : Can u tell about invalidation for short RK (12:01) RK : for me 290-320 short zone 220-240 long zone
12:10 Gaurav : 1L friend here
12:11 Uttam : (09:41) Uttam : above 10921 NF can go for that 10950 ext handle
12:12 Subhodeep : @uttam rk one thing i have a doubt about is the green boxes in the 30 min chart of nifty,the fig for eg 11 38 29 are they as is figures or are in say t hundreds or thousands?
12:12 Uttam : yes RK BNF did have a very early dip to vwap
12:13 Uttam : add 3 zeros to them Subhodeep
12:13 Subhodeep : oki
12:13 KK : charts are coming delayed
12:14 Uttam : working fine KK try refreshing
12:15 Subhodeep : seems india might manage to snatch defeat from the jaws of victory .. long term gap filling of 2001 edden gardens kolkata ???
12:16 Subhodeep : circumstances surrpunding the home teams more or less same .; emerging out of controversy
12:28 Uttam : Subhodeep nothing of that sort happening mate, take it easy
12:28 Uttam : India wil easily win
12:29 Uttam : if Pujara was not dropped for the first match in England we could have won that series too 🙁
12:29 Uttam : but they realised that well now
12:30 Uttam : thanks RK, removed my buy above day high order as you said dont chase longs 🙂
12:32 RK : yes better to go with pullbacks..even if trend day fails you may not lose much
12:44 Jitender : .
12:47 RK : today I wanted to leave early but NF wants me to stay seems 🙂
12:48 Uttam : going to Pondy RK for new years?
12:48 RK : Should have stuck to BNF..it gave us good rotations..NF missed the tempo on first dip
12:48 Uttam : yes no one in the room will want you to leave 😉
12:48 RK : yes Uttam
12:48 RK : will not be available on MON and Tue..back on Wed..Shai is back to room on MOn morning
12:49 Uttam : nice my sister also going there tomorrow with her daughter & a friend
12:49 Uttam : cool RK, have a super start to the new years 🙂
12:49 RK : great
12:49 RK : tks
12:53 Praneeth : Hi Uttam, do we have FA in bnf today?
12:54 Uttam : probable FA yes Praneeth
12:54 Uttam : in fact even NF has that
12:54 Praneeth : oh ok.. this will get confirmed below IBL
12:55 Praneeth : for bnf its 27051?
12:55 Uttam : yep 😉 long way to go…all singles
12:55 Uttam : 27155 we can take as IBL RK?
12:55 Uttam : morning low was freak one na?
12:55 Uttam : no vols below 27155
12:56 Praneeth : ok..
12:56 Praneeth : 1ATR is 340 in bnf uttam?
12:57 Uttam : yep 346
12:57 Praneeth : ok
12:57 Uttam : USDINR getting weak Praneeth?
12:58 RK : yes 27155
12:58 Uttam : thanks RK
12:58 Praneeth : its in range – 69.92- 70.4 spot
12:59 Praneeth : 69.92 and 69.70 has to break further down movement..
12:59 Uttam : thanks looks like it is making a pullback high now
12:59 Uttam : has singles at top today
12:59 Uttam : selling tail
13:00 Praneeth : yes.. today open=high
13:03 Uttam : looks like an island reversal in it
13:03 Uttam : USDINR
13:06 Praneeth : 10
13:06 Praneeth : jit, spx looking weak?
13:06 Praneeth : -10
13:06 Jitender : mite dip..but not weak
13:07 Jitender : as long as 2400-2420 hold we r on track fr 2530
13:07 Praneeth : ok
13:07 RK : crazy spike there in US mkts..wont be surprised if they decide to go sideways for a week
13:08 RK : If they make upmove straight from here then that would be weak upmove
13:08 Uttam : yes RK all done by Tej 😉 & his Santa
13:09 RK : I tpo could be a WRB now
13:10 Uttam : and after that please trend into the close RK 😉
13:10 RK : If I also inside bar then I have to make great excuse to spouse 🙂
13:11 Uttam : lol RK
13:11 RK : Order received was to be there at 1pm
13:12 Uttam : oh…then you seem to be in some trouble already 😉
13:12 RK : it is
13:12 Subhodeep : @rk whats a WRB?
13:12 Uttam : wide range bar
13:12 Subhodeep : ok
13:12 Subhodeep : ty uttam
13:12 Uttam : chances more of a ‘p’ + spike now RK?
13:12 Subhodeep : you are my redy reckoner for all the short forms used here in the room
13:13 Uttam : 🙂 learnt them all in the room itslf Subho
13:13 RK : yes Uttam if this stop goes then another poor spike
13:13 Subhodeep : seems i am following in your foot steps.
13:13 Uttam : +1 RK
13:14 RK : that 1 lac seller can help for the spike..he is not able to get VWAP yet
13:15 Uttam : yes RK & now BNF also seem to be getting in sync
13:15 Subhodeep : i think the ppo high is more of a probability now..
13:16 Subhodeep : poor*
13:16 RK : no poor high today
13:16 Himanshu : RK 10923 ledge?
13:16 Himanshu : 10923-10914
13:16 Uttam : ‘p’ profile so will have wide POC Himanshu
13:16 Himanshu : okk
13:17 Uttam : right RK?
13:17 RK : yes this 925-915 entire 40 min grind is kind of ledge now..P profile so can be smoothened
13:18 Uttam : +1
13:19 Ravi : RK should the call of short NF to be reconsidered (13:17) RK : yes this 925-915 entire 40 min grind is kind of ledge now..P profile so can be smoothened.
13:20 RK : Ravi lets stick to a plan till it gets negated
13:21 Uttam : yes Ravi & we have lot of time left in the day so that singles touch is very much on here till NF stays below 10945
13:21 Ravi : ok Tq RK and Uttam
13:23 Jitender : bnf 230-310 done…
13:24 Jitender : credit goes to Rk’s 235
13:24 Uttam : nice Jit 🙂 congrats
13:25 Jitender : congo to u also bro
13:27 RK : yes Jit if not stuck in Nf that zone was clear buy in BNF esp after seeing 14K red (13:24) Jitender : credit goes to Rk’s 235
13:27 Jitender : +1
13:28 RK : 235 was ref and 14K trap was confirmation..always a good combo ref+OF
13:32 Uttam : yes RK +1
13:38 Boppanna : 63k at top
13:38 RK : NF keep SL above this high 10946 (10:56) RK : Short NF 10920 for 10895 SL 10945
13:45 RK : Short BNF below 27290 for 27240 SL 27330
13:45 Boppanna : 27100pe waking up if can sustain 150 can give a move
13:46 Tejus : /'[0*-+
13:46 Tejus : K909
13:46 Tejus : X
13:48 Uttam : Praneeth low in USDINR exact 69.92 in this bar 🙂
13:50 Jitender : Tejus *&%$K909
13:50 Uttam : lol Jit
13:50 Uttam : you guys got some code language going on here
13:50 Jitender : 🙂
13:54 Jitender : spx -2
13:56 Jitender : bingo (11:59) Jitender : Parneeth,,…can extend(13:54) Jitender : spx -2
13:56 RK : BNF stopped (13:45) RK : Short BNF below 27290 for 27240 SL 27330
13:57 Uttam : (09:17) Uttam : BNF gets bullish above 27235(09:33) Uttam : above that can do 27350-369(09:41) Uttam : above 10921 NF can go for that 10950 ext handle
13:57 Uttam : 27350 done in BNF
13:57 Jitender : +1
13:57 Uttam : NF high 10946
13:57 Jitender : 26k red in bnf ?
13:57 Boppanna : yrp
13:57 Uttam : yes but zeros above it so can be SL order
13:58 Jitender : k
14:08 Uttam : J making an outside bar RK in BNF
14:09 Uttam : NF still insdie
14:09 RK : yes
14:10 Shubro : RK whats the significance when making outside bar?
14:11 RK : if bar closes at extreme then reversal on closing side
14:11 Shubro : right thanks
14:11 RK : its going for that 250
14:22 Tejus : 2
14:25 Boppanna : Still struggling c..needs push 13:45 Boppanna : 27100pe waking up if can sustain 150 can give a move
14:26 Jitender : can close at DH
14:27 Boppanna : looks like BNF 200 protected since morning 220 was E low
14:29 Boppanna : last hour
14:34 Jitender : te te tannnn
14:38 Praneeth : jit, u r expecting 450 in bnf?
14:41 RK : Keep system SL at 10945..can spike if gets there (13:38) RK : NF keep SL above this high 10946 (10:56) RK : Short NF 10920 for 10895 SL 10945
14:41 Jitender : 400ish
14:41 Praneeth : ok
14:41 Jitender : but Parneeth watch 340-350….can stall also
14:41 Praneeth : ok
14:44 Boppanna : Spot making new highs in Nifty but futures lagging
14:45 Jitender : cash buyn
14:51 Boppanna : Market does not want Rk to close the trade before 3 and pack up early looks like 🙂
14:52 RK : hell yes..
14:55 RK : blow the vwap
14:55 Subhodeep : @rk hope the excuse that you came up with for your better half it stands the test of time 😉
14:56 RK : If I get 10900/250 then can convince here wth smthing 🙂
14:56 Subhodeep : 🙂
14:57 RK : prematured entries and small stops in BNF costed the day
14:58 Boppanna : 150 push– 27100pe
14:58 Jitender : 915
14:58 Jitender : comeon nf..15more for rk
14:59 Praneeth : looks like stuck seller
14:59 Praneeth : 18k in nf and 6k in bnf
15:05 Jitender : 907
15:05 Jitender : good
15:05 Jitender : lets close
15:06 RK : book full 10900 (14:41) RK : Keep system SL at 10945..can spike if gets there (13:38) RK : NF keep SL above this high 10946 (10:56) RK : Short NF 10920 for 10895 SL 10945
15:06 Jitender : +1
15:06 Jitender : congrats
15:06 Praneeth : +1
15:06 Tejus : VOW
15:06 Boppanna : +1 RK
15:06 TP : +1 RK , finally green for the day .
15:06 Azmath : Congrats RK
15:06 Jitender : nf cant face any wife’s wrath 🙂
15:06 Uttam : super RK nowyou know NF did this only so that you stay back here 😉
15:07 RK : BNF did a bad thing to close the day cheerful for the group
15:07 Subhodeep : hehehe
15:07 Subhodeep : +1
15:07 RK : 10.56 trade taken NF 🙁
15:08 Subhodeep : a trade which consumed the whole day but good that it turned green
15:08 Uttam : NF got to know you will leave early so wanted to holdyou back till close 😉
15:09 RK : and real deal is this one..enough hits that 320 zone to fade with that SL if smone knew the context (12:06) RK : 27360 Ravi (12:06) Ravi : Can u tell about invalidation for short RK (12:01) RK : for me 290-320 short zone 220-240 long zone
15:09 Uttam : lovely RK, trade to be held till invalidation happens
15:10 RK : 10920 wide poc for close
15:10 RK : and 27280-90
15:10 Uttam : drive needed above today’s POC on Monday RK else again chop chop in both?
15:10 Jitender : Rk..u better open one a/c in wifey’s name…..
15:11 RK : Jit yes my primary a/c is that only
15:11 Jitender : +1
15:11 Uttam : mine also now 🙂
15:11 Jitender : it will always prosper 🙂
15:11 Jitender : grt Uttam…
15:11 RK : my a/c is kind of hedge if main accout faces any issue
15:11 RK : due to terminal or other issue
15:11 Uttam : wow RK you have a back up for tradingacc also 🙂
15:11 RK : yes..its must Uttam
15:12 Uttam : +1
15:12 RK : had a bad experience during chennai flood..broker server got affected and whole day no trades with sm stock fut posnls in system..luckily didnt damage the account
15:12 Uttam : ohhh ok
15:12 RK : part 10-20% in backup a/c to take hedge via options incase of issue in main a/c
15:13 RK : *park
15:13 Uttam : makes sense RK
15:15 RK : alright..lets catchup on Wed..Safe trading and HAppy New Year!
15:16 TP : HNY to you RK !!
15:16 Uttam : thanks so much RK 🙂 have a lovely break & a very Happy New Years to you & your family in advance
15:17 RK : thanks..bye
15:17 Boppanna : Happy New year RK by
15:17 Boppanna : bye
15:17 TP : new stat by @paststat …..the next day expectation after fri up when $nifty is abv 200 dma is 15 pt
15:18 Uttam : no wonder RK taking that break 😉
15:18 TP : thr real show starts from Thu 😉
15:19 Boppanna : 21k and 28k at bottom
15:19 Uttam : Monday is also month & year end
15:20 Uttam : will be interesting to see how the weekly monthly & yearly profiles shape up
15:20 Uttam : and of course Shai’s hypos for the year 2019
15:21 Subhodeep : any idea when the nifty weekly options shall start ?
15:21 Subhodeep : this series or fy new year
15:21 Uttam : Jit will give all of us a prty that day 😉
15:24 Jitender : 🙂
15:27 Jitender : bye all
15:27 TP : Bye All.
15:27 Jitender : party hard..drink ndrive responsibly
15:28 Uttam : thanks All 🙂 have a super last weekend of 2018
15:28 TP : drink and do not drive 🙂
15:28 Uttam : yep
15:31 Gaurav : HNY people, have fun 🙂

Order Flow charts dated 28th Dec

Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.

Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.

NF (Jan F)

BNF (Jan F)


Room Chat

08:38 Vtrender Live : (08:34) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/211382013
(08:37) Vtrender Live: option charts – https://join.me/413-893-487

09:26 RK : (09:25) RK : Long NF 10800 for 10835 SL 10770

09:36 RK : (09:36) RK : part book 10820 and rest at 10835 and move SL to cost once part booked (09:25) RK : Long NF 10800 for 10835 SL 10770

09:42 RK : (09:42) RK : make exit at cost 10800 (09:36) RK : part book 10820 and rest at 10835 and move SL to cost once part booked (09:25) RK : Long NF 10800 for 10835 SL 10770

10:23 RK : (10:23) RK : Long BNF 27065 for 27120 SL 26990

10:33 RK : Book full 27105 (10:23) RK : Long BNF 27065 for 27120 SL 26990

11:25 RK : (11:25) RK : Long NF 10800 SL 10780 for 10825

12:18 RK : (12:17) RK : Make exit 10807 (11:25) RK : Long NF 10800 SL 10780 for 10825


08:34 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/211382013
08:37 Vtrender Live : option charts – https://join.me/413-893-487
09:08 Jitender : Gm Folks 🙂
09:08 Dhaval : Gm all
09:09 Kathir : GM all
09:09 TP : GM All.
09:09 Uttam : Good Morning All 🙂
09:09 Uttam : last expiry of 2018 coming up
09:09 Subhodeep : gm all
09:09 Uttam : Tej your Santa just blew up the US markets 🙂
09:10 Subhodeep : gm all
09:10 Shubro : Hi ALL GM
09:10 Shubro : sorry for caps
09:10 RK : GM All
09:10 TP : yes Uttam good bounce back in US.
09:11 TP : Jit PSU banks in focus or the move already done ?
09:12 Vinay : gm all
09:12 Jitender : news is out Tej..jetli supposed 2 announce today
09:13 TP : oh on tv , keep us posted when jet li comes 🙂
09:13 Jitender : sure
09:14 Uttam : big gap in BNF
09:14 Uttam : above that trend day vwap of 27110
09:16 Uttam : Option Pain in BNF was at 26700 at close too
09:20 Shubro : Hi Uttam am not seeing the charts onmy screen
09:21 Uttam : charts working fine Shubro
09:22 Uttam : try refreshing once
09:23 Rajan : hi I am R s Rajan Joining your great trading community. I am very new to market profile order flow concepts I have come to learn more from you guys good morning to evry one
09:24 Uttam : welcome to the VT family Rajan 🙂
09:25 RK : Long NF 10800 for 10835 SL 10770
09:32 Kathir : nf low 20
09:32 Boppanna : BNF 300 possible?
09:33 RK : 250-290
09:33 Uttam : 27270-280 zone to watch Bops
09:33 Boppanna : thx
09:33 Uttam : above that can get 27351
09:36 RK : part book 10820 and rest at 10835 and move SL to cost once part booked (09:25) RK : Long NF 10800 for 10835 SL 10770
09:38 Boppanna : IMO 27100pe could be a lottery later in the day on watch if it stays steady above 40
09:42 RK : make exit at cost 10800 (09:36) RK : part book 10820 and rest at 10835 and move SL to cost once part booked (09:25) RK : Long NF 10800 for 10835 SL 10770
09:42 RK : might want to test spike high here
09:42 RK : 760-770 zone
09:42 Uttam : option pain at 10750 & 26900 now
09:42 RK : need to sustain VWAP
09:43 TP : Jit did jet li come on TV.
09:44 Uttam : BNF almost closing the gap & testing the trend day vwap of 27110
09:44 RK : another large IB in BNF
09:45 Jitender : no Tej
09:45 RK : expiry and large IB odds against intra now
09:46 Boppanna : Didn’t give a chance to see it steady would have been a quick 40-80 trade 🙁 09:38 Boppanna : IMO 27100pe could be a lottery later in the day on watch if it stays steady above 40
09:46 Jitender : bnf closed the gap
09:47 Uttam : yes Jit
09:47 Jitender : btfd 🙂
09:48 Uttam : BNF gets weak below 27080 now
09:48 Uttam : needs to get abck above vwap & take out that singles
09:48 Uttam : 26940 can be tagged if stays below 27080
09:49 Boppanna : Watch that 27100pe
09:49 RK : yday 24600 PE = today 27100 PE 🙂
09:49 RK : @Bop
09:49 Uttam : 🙂
09:50 Boppanna : If had traded would have shut monitor until 1:30 🙂
09:51 RK : “If”
09:51 Boppanna : Big IF
10:00 Jitender : AG hrt
10:00 Jitender : shrt
10:01 RK : he got next 15mins
10:04 Subhodeep : charts working intermittent?
10:05 Boppanna : working ok here
10:05 TP : charts ok
10:05 Uttam : 26980 can hold
10:06 Uttam : else 26940 coming
10:06 Uttam : (09:48) Uttam : BNF gets weak below 27080 now(09:48) Uttam : needs to get abck above vwap & take out that singles(09:48) Uttam : 26940 can be tagged if stays below 27080
10:06 RK : welcome to 300 IB day
10:07 RK : Suyog got his range almost
10:07 TP : that too on monthly expiry 😉
10:07 Uttam : 26950 BNF
10:07 Jitender : yh
10:07 Boppanna : +1 Uttam
10:07 Jitender : 2IB wud b awesum 😉
10:07 RK : Tej now dont scare all of us with 2 and 3Ib requests
10:08 TP : 3 ib is quite possible bn 😉
10:08 Uttam : Tej’s Santa still has to do some more work here
10:08 Uttam : Mihir’s fav number 10777 is here again in NF
10:11 RK : 185 on that PE
10:14 TP : BN last 30 min showing 43k/45/k COT despite a big fall maybe a refresh needed.
10:18 RK : hope AJ is safe (10:01) RK : he got next 15mins
10:18 RK : *AG
10:18 Boppanna : looks like old Pert pitch in BNF price zipping thru both ways..careful with entries and exits guys
10:18 Santhanam : 😉
10:18 Boppanna : *Perth
10:18 Uttam : BNF looking good for upside now
10:18 Uttam : downside probe looks donewith
10:19 Jitender : 27060 on watch
10:19 Uttam : above VWAP & entry into the morning tail will be further confrimation
10:20 RK : Bop its Jamaican pitch now
10:20 RK : BNF 27060-27110 zone would invite sellers..strength only above this band
10:21 RK : for the day
10:23 Boppanna : +1 RK.. 110 -120 sellers line morning session
10:23 RK : Long BNF 27065 for 27120 SL 26990
10:26 Jitender : had bought 27105…had no SL in IB..avged sum at 26980..out at cost 27085
10:26 Jitender : phew
10:26 Jitender : (09:47) Jitender : btfd 🙂
10:27 Boppanna : Great recovery Jit.
10:27 Jitender : man…it was fast
10:29 Uttam : lets test the vwap BNF
10:30 Jitender : still have a 0.58 mtm loss
10:30 Jitender : from morn misadv
10:32 RK : Book full 27105 (10:23) RK : Long BNF 27065 for 27120 SL 26990
10:33 Jitender : yup…
10:33 Boppanna : +1 RK
10:33 Dhaval : +1RK
10:33 Jitender : & m in beven
10:33 Uttam : (10:29) Uttam : lets test the vwap BNF…Done
10:33 Uttam : +1 RK
10:34 Uttam : (10:18) Uttam : BNF looking good for upside now(10:18) Uttam : downside probe looks donewith
10:34 Uttam : C making an inside bar in both so far
10:34 Sudheer : Hello all i’m back from vacation ..hope everyone is having a good time here.
10:36 RK : 26950-26800 small balanace yday in that imbalance up..so when IBL accepts down can expect a move back to 27800..till then its going to spray all over IB
10:36 RK : 27050-27125-27200-27250 expected MB today
10:36 RK : till IB extreme stays
10:37 Ravi : Gm all
10:38 Uttam : welcome back Sudheer & hope you had a wonderful time off
10:38 Sudheer : thanks uttam 🙂
10:45 Uttam : D makes higher highs
10:45 Sudheer : yeah
10:45 Sudheer : today’s open is OTD?
10:45 Himanshu : could be OTF on from here now uttam?
10:45 Sudheer : and we are going higher later today?
10:46 Uttam : DD coming in NF RK?
10:46 RK : sensing rotation for sm time may be till 12-12.30
10:46 Uttam : 10825-10845 can come fast then NF will have to negotiate that trend day vwap of 10848
10:46 Uttam : oh ok RK
10:46 RK : 835-845 max in this leg if this goes up then might rotate back
10:47 RK : lets see how it behaves
10:47 Uttam : +1
10:49 Sudheer : BNF will be strong above that VAL of 12/20 which is 27180
10:50 RK : that morning long still in line by saving stop despite BNF noise
10:50 RK : NF long
10:50 RK : I was expecting a touch towards 770 but it managed to hold above
10:51 RK : so 800 PE guys keen today to save it
10:51 Sudheer : yeah they are on it writing heavy
10:52 Jitender : hehe..0.6xDT in green
10:53 TP : +1 jit
10:53 Jitender : time fr a cuppa
10:53 Jitender : tx Tej
10:55 Jitender : 27160 a resis
10:55 Jitender : over it IBH awaits
10:57 Jitender : fr thoose who have made money today…pat yrself on the back
10:57 Jitender : n reduce vols till 1.30
10:58 Sudheer : good support by VPOC guys in BNF
10:58 Uttam : congrats Jit 🙂 happy to be in your league 😉
10:59 Jitender : Rk n u have a league man
10:59 Jitender : m a hopping vagabond
11:01 Sudheer : bought BNF at 27140
11:01 Sudheer : Stop of 1115
11:01 Sudheer : *27115
11:02 Sudheer : stopped
11:07 Kathir : 10800 ce open = high = 60
11:07 Uttam : freak hihg that was Kathir
11:07 Uttam : watch 42.55 in it
11:08 Uttam : that is actualy IBH
11:08 Uttam : actual*
11:08 Kathir : ok.some hint for expiry today ?
11:08 TP : Sudheer playing bnf with 25 point sl is not a good idea , better switch to options where 25 is a good sl.
11:08 Uttam : yes Sudheer agree with Tej & we have a big IB today & RK also confirmed that BNF could be in this range for sometime
11:09 Sudheer : ok TP .. Thanks for the tip will definitely consider this and change my position size
11:09 TP : +1
11:09 Sudheer : thanks uttam 🙂
11:09 Uttam : 🙂
11:12 RK : cheers JIt (10:59) Jitender : Rk n u have a league man
11:13 RK : 10834.4 high..can anyone comeup with a context behind this? (10:46) RK : 835-845 max in this leg if this goes up then might rotate back
11:16 Boppanna : Caught it this time 27100pe 44-85
11:16 Rajiv : We had a VPOC there!
11:16 RK : 830-805 VWAP Bop
11:17 RK : Rajiv no VPOC around there
11:18 Boppanna : Nice RK..trend day vwap check on NF RK?
11:18 Rajiv : Wasn’t the VPOC @ 10842 the day we broke down
11:20 RK : primary reason is C and D was in imbalance..and its hard to have breakout above IBH when you have two TPOs in imbalance almost clearing day range..so most of the time it will be the fade end post such imbalance..and yes you have valid ref around 10840 from trend day..so all combined it was a fag end
11:20 RK : breakouts wont happen when move starts from extreme of the balance..applies to all time frames..today it started from C lows..so not good thing to expect a breakout above IBH/day high
11:22 Himanshu : rk extreme of balance* or imbalance
11:22 RK : balance
11:22 RK : today entire range was in balance
11:23 Himanshu : but C & D was imbalance
11:23 Boppanna : Thx RK for the context walkthru
11:23 RK : yes C and D imbalance within balance
11:23 RK : check profile
11:23 Himanshu : okkk
11:23 RK : so price gives misconception that smthing is moving fast but when you look at whole its not
11:24 Himanshu : so rk fair chance for G breakout?
11:24 RK : possible..lets see
11:25 RK : Long NF 10800 SL 10780 for 10825
11:26 Boppanna : Rotation for next 1 hour RK?
11:26 RK : expecting bop
11:27 RK : BNF should hold around this 27060
11:32 Boppanna : ok cool.. Plan for BNF if fails to sustain 110-120 any drop below 27030 may check 900 once so 27100pe on watch seems to singing the right tunes so far..
11:34 Kathir : uttamnf FA at top ?
11:34 Kathir : if FA where is 1 ATR 2 atr ?
11:34 RK : yes
11:34 RK : IBL need to go
11:35 RK : to get confirmed
11:35 Kathir : spx – 9
11:35 Uttam : nice RK that C & D imbalance part
11:37 Uttam : @Kathir were you watching that 10800ce?
11:37 Uttam : (11:07) Uttam : watch 42.55 in it
11:37 Uttam : high made in the bounce 43
11:38 RK : happening (10:36) RK : 27050-27125-27200-27250 expected MB today
11:39 Uttam : probable FA in NF at 10834 whihc confirms if breaks 10777
11:39 Uttam : 1atr at 10692 & 2atr at 10551
11:39 Uttam : (11:38) RK : happening (10:36) RK : 27050-27125-27200-27250 expected MB today…+1 RK
11:41 Uttam : nice intra 80% down in NF RK & same can happen on upside now?
11:41 RK : thats the plan to test IBH..not expecting FA to get confirmed before 12.30-1..lets see
11:42 Uttam : great 🙂 thanks RK
11:42 RK : need to sustain above 10795 and BNF 27100
11:51 Boppanna : RK you had mentioned 790 and 820 NF expiry pivots yesterday EOD so far we have creating value in between so RR for a long more considering expiry worth the risk ..just trying pick ur thought process ?
11:52 RK : yes Bop holding above spike and accepting in that extn handle tilts the bias for bullish side
11:53 RK : any good extn of IB and sustain can lead to another spike upside
11:53 RK : IBL acceptance and grind means can expect spike down side towards 720 and below
11:53 Boppanna : thx RK
11:54 RK : but if not repaired today imo we would eventually repair till 640 atleast in coming days
11:54 RK : quite a bad spike and struture it was yday
11:54 RK : more of short squeeze imo
11:58 Jitender : below 27040…we can get back into yday VA
11:59 Jitender : held till now (10:55) Jitender : 27160 a resis
12:00 Jitender : 27040-27160
12:00 Boppanna : +1 Jit
12:00 Jitender : timing of exit 🙂
12:00 Jitender : (10:52) Jitender : hehe..0.6xDT in green(10:53) Jitender : time fr a cuppa
12:01 Jitender : no position since
12:01 Jitender : unclear mkt
12:01 Jitender : tx BoP
12:01 Uttam : NF can tag 10820 once from here
12:01 Jitender : have 3.5hrs to make more or preserve wats made 🙂
12:02 RK : why the declaration India??
12:02 Uttam : this is New India RK 😉 not playing safe & going for the kill
12:02 Jitender : Kohli is aggressive
12:02 Uttam : mind games
12:02 Boppanna : 9 overs tired legs hoping for a quick wicket
12:03 Jitender : shld try short balling
12:03 Uttam : this match is India’s I feel 🙂
12:03 RK : hmm..lets see..need 2-3 wickets below 120
12:05 Uttam : NF also liking India’s declaration looks like 😉
12:13 Subhodeep : did anyone foresee a 1000 ppoint jump on the dow those who follow it ?
12:14 RK : G starts and NF lacking juice?
12:17 Uttam : (11:41) Uttam : nice intra 80% down in NF RK & same can happen on upside now? NF does 80% up intra
12:17 Uttam : 10788-10811
12:17 TP : If the plan was to declare they should have batted aggresivley added at least 50 more and declared a bit early so that to give aussies at least 20 overs …looks likes an impulsive declaration .
12:17 RK : Make exit 10807 (11:25) RK : Long NF 10800 SL 10780 for 10825
12:18 Uttam : @Tej they were trying to get aggressive but guess the pitch is on the clower side so runs were not coming that freely
12:18 RK : yes Jit thats what I was thinking
12:18 RK : *Tej
12:19 TP : tomorrows ist session will confirm if this is going for a dull draw.
12:19 Uttam : pitch expected to deteriorate in the hest of Melborne so lets see & we have Jadoo in our team this match
12:19 Uttam : heat*
12:20 Uttam : pain at 10750 & 27000
12:21 TP : lets see tomorrow , time now to to see when expiry pitch gets whacky 😉
12:21 Uttam : 🙂
12:21 RK : BNF seems wants to go Bop way
12:23 Uttam : NF both CE & PE below vwap 🙂
12:23 Uttam : that tells you nothing happening in market for now
12:26 RK : perfect 3-1-3 setting up in NF
12:26 Boppanna : Both you and Jit have ur boundary marked on the downside 27030-50 so should be fun if it gets there …Also Uttam balancing CE and PE below vwap so still rotating here
12:27 Madhav : RK by 3-1-3 setting u mean 3IB??
12:27 Sunder : whats 3-1-3
12:27 RK : profile setup
12:27 Uttam : tail at both ends & balance in between
12:28 RK : balance all day between tails both side
12:28 Sunder : ok
12:28 Uttam : lower side NF making perfect bell so now fill coming on the upper half
12:28 Madhav : so basically a fading day?
12:29 Madhav : fading from both ends?
12:29 Madhav : so balance ans setting up for next move
12:29 RK : yes in normal scenario..today expiry so one side may not hold in last hr
12:29 RK : usually 3-1-3 gives better trade next day
12:29 Uttam : +1 RK
12:29 Madhav : got it, thanks
12:29 Uttam : so the expiry move if any can continue tom?
12:30 RK : as till its over we cannot ensure its 3-1-3..so we may say now its probable but confrmed EOD
12:31 RK : Uttam expiry day and the next day i.e, 1st day of new series I play less and break head less to find patterns..mostly they whip as both days are meant for inventory adjustment
12:33 Uttam : oh ok RK, yes I remember you telling me this before
12:35 Uttam : USDINR not supporting rise in NF & BNF today?
12:41 Uttam : NF pain also now at 10800
12:41 Uttam : both CE & PE at 40
12:41 Uttam : if stays above 25 till 2:30 can expect a move away else expiry near 10800 only
12:42 Uttam : that straddle gave a drive down at open today
12:46 Uttam : BNF 27100 combo on watch with both near 65
12:46 Uttam : and just like NF both the CE & PE in BNF also below VWAP
12:47 Uttam : for now its the Grind 😉
12:47 Ravi : Uttam do you mean to go long on both(12:46) Uttam : BNF 27100 combo on watch with both near 65
12:47 Uttam : No Ravi that comobo has been steadily losing premium since morning
12:48 Ravi : Tq Uttam
12:48 Uttam : in fact going short at open in this combos was a good trade with nice R;R set up also
12:48 Ravi : Ok Uttam
12:51 Uttam : https://vtrender.slack.com/archives/C1DHY78MU/p1545895342000300
12:52 Uttam : BNF breaking below 27050
12:52 RK : NF in no mood to move beyond 10 point grind
12:54 Boppanna : BNF
12:54 RK : 26800 PE
12:55 Uttam : NF confrims the FA
12:55 Uttam : those combos reversing?
12:56 Uttam : 47 in 10800 & 160 in 27100
12:56 Uttam : probable FA at lows also in NF now 😉
12:57 Boppanna : lets see if it touches the RK’s MB or 27030 atleast BNF
12:57 Uttam : the PEs now above vwap in both
13:01 Uttam : (12:35) Uttam : USDINR not supporting rise in NF & BNF today?
13:04 RK : 8-143done (12:54) RK : 26800 PE
13:04 RK : *8-13
13:04 Jitender : 27230-26960 done
13:04 Jitender : 27040
13:04 Uttam : super Jit
13:04 Jitender : tx
13:04 Jitender : 26950 key now
13:05 Jitender : else back up
13:05 Uttam : both still a 3-1-3 profile
13:05 Boppanna : Low 915 so far ..11:32 Boppanna : ok cool.. Plan for BNF if fails to sustain 110-120 any drop below 27030 may check 900 once so 27100pe on watch seems to singing the right tunes so far..
13:06 Uttam : BNF coming the the option pain level of 27000
13:06 Uttam : both PE & CE also faily balance here
13:06 Uttam : 27100 ce had far more OI than the OE
13:07 Uttam : 41k red in BNF
13:07 Uttam : but looks to be combo of SL orders
13:08 Uttam : 33500 on 5 mins
13:08 Praneeth : suyogs range done
13:08 Praneeth : now to DH?
13:08 Jitender : wat an exit 🙂 (13:04) Jitender : 26950 key now(13:05) Jitender : else back up
13:10 Uttam : 10810 marker in NF RK?
13:11 RK : If BNf stays below 27060 roughly can expect move down..acceptance above means chop now
13:11 RK : 10800 for NF
13:11 Uttam : 10800ce being written
13:12 Uttam : BNF Jan did not break IBL
13:12 Jitender : tis was supposed to be DII day
13:13 Jitender : looks like tey r also playn expiry
13:13 RK : 10800 PE CE was in 3:1 ratio since morning now 1:1.1 kind
13:13 Uttam : 27L:44L now RK
13:13 Uttam : PE:CE
13:13 RK : am talking about intra change Uttam
13:14 Uttam : ok
13:14 Uttam : that combo back below 40 now 10800
13:15 Jitender : 27040 overcum n greens can do 27160+
13:16 Uttam : probable FAs in both at lows
13:17 Jitender : ys
13:18 Jitender : in all tis drama ..nf still at 10800
13:19 Uttam : yes Jit this dip made that combo to make a spike so that it can prceed lower
13:19 Uttam : 36 now
13:20 Uttam : nice bell in NF
13:20 Uttam : with FA at top confirmed & probable FA at lows
13:22 Kathir : test
13:23 Uttam : A grade Kathir 🙂
13:23 RK : max pain 26800?
13:23 Uttam : 27000 it was let me check now
13:24 Jitender : 27k
13:24 RK : ok
13:24 RK : NF?
13:24 Uttam : 10800
13:25 TP : quantsapp is showing 10750 as max pain.
13:25 Jitender : 27010 tryn to hold
13:25 Jitender : ys Tej..nf is at 10750
13:26 Uttam : yes 10750
13:26 Uttam : at 12.30 it was at 10800
13:27 Boppanna : Looks like 13:11 RK : If BNf stays below 27060 roughly can expect move down..acceptance above means chop now
13:27 RK : 27053 high..break IBL it could slide quick 100
13:34 Sudheer : can long bnf now?
13:34 Sudheer : defending VAL
13:35 Jitender : boom time
13:39 Uttam : 10800ce+10750pe at 15
13:39 Uttam : and 2 more hours to go
13:42 Kathir : spx – 15
13:45 Uttam : 10800 combo now staying below 35
13:45 Sudheer : both side writers in that with ce writers more overall
13:46 Sudheer : interesting fight this time
13:47 Sudheer : looks like bears will not give up ..
13:47 Uttam : 2:30 time to get the expiry move RK/Jit or can come earlier?
13:48 Kathir : as of now bears have supp from spx :0
13:50 Kathir : we are 250 up from suyogs data ..10532
13:51 Kathir : vix range from suyog is 350 and 135
13:51 Jitender : Kathir +-300 on it is usual expiry range as per it
13:53 Jitender : got it (13:35) Jitender : boom time
13:54 Kathir : ok
13:54 Uttam : boom boom
13:54 Uttam : (13:10) Uttam : 10810 marker in NF RK?.
13:54 Jitender : got it first :0
13:54 Jitender : 🙂
13:54 Uttam : +1 Jit
13:54 Sudheer : booked BNF from 27020 to 27090
13:55 Jitender : +1
13:55 Boppanna : Nice Jit
13:55 Jitender : tx guys
13:55 Jitender : break time
13:55 Jitender : DT done
13:55 Boppanna : beyond 120 trouble agin for sellers
13:56 Uttam : BNF boom boom
13:56 Uttam : this can get bigger here
13:56 Sudheer : mostly this might fade out as 100ces adding
13:58 Uttam : (13:39) Uttam : 10800ce+10750pe at 15….at 26 now
13:58 Sudheer : oops ce writers running for cover at 100 niw
13:58 Uttam : all the late CE writers will run for cover
13:58 Sudheer : too quick covering in m
13:59 Uttam : especially 800ce
14:01 Sudheer : is vwap swipe good long now?
14:01 Uttam : huge OI increase in 27k PE?
14:01 Uttam : writing there?
14:01 RK : no as its rotational day
14:02 Sudheer : yeah uttam odd 300k in 2-3 ins
14:02 Sudheer : *mins
14:02 Sudheer : was 850 k 3 mins back now 1120k
14:05 Sudheer : bought bnf at 75 again
14:05 Sudheer : stop 38
14:12 Sudheer : bnf can do 200 i guess
14:12 Sudheer : anyone for 200?
14:17 TP : upstox gone
14:18 Jitender : 27110 goes..more fall
14:18 TP : none of the orders executing
14:18 Jitender : ys Tej
14:18 RK : kite?
14:18 Jitender : kite slow
14:18 RK : then we can buy 750 PEs if you guys confirm about Kite
14:19 Boppanna : 26900pe lottery BNF..kite mine looks ok
14:19 RK : both index nicely playing between dev values today
14:22 Uttam : (13:58) Uttam : (13:39) Uttam : 10800ce+10750pe at 15….at 26 now…this combo hit 30 & now back to 15
14:23 Uttam : but 10800pcr back near 1 now
14:23 Kathir : spx moving down -23
14:24 Santhanam : seriously make me think how th operator must be playing these expiry!
14:24 RK : smone trying hard with 26800 PEs 🙂
14:24 RK : by checking SPX
14:24 Boppanna : Come on RK get ur 100 below IBL BNF 🙂
14:24 RK : Lottery in that Bop lets see if lottery plays out
14:25 RK : Kathir is the partner there..I believe his expiry day skills
14:25 Boppanna : who is there at 980 in BNF
14:25 RK : dVAL
14:31 RK : NF Fa at top stays and lower FA negates
14:31 Boppanna : moving here BNF
14:31 Kathir : yes RK with 10750 pe 3
14:33 RK : 3-7 26800 PE part done rest for 35/80 🙂 #lottery
14:33 Boppanna : RK can be greedy in 26900pe or exit?
14:33 RK : hold if its lottery
14:34 TP : 15 to 34 269k pe after this…..(14:24) RK : smone trying hard with 26800 PEs 🙂
14:34 RK : lol..need tax on this Tej
14:34 TP : sure …any time 😉
14:36 RK : has 10750PE spiked to 18 now?
14:37 RK : I have seen the high only as 16 till now!
14:37 Uttam : no RK morning freah high in that also
14:37 Uttam : freak*
14:38 RK : ok..I remember seeing day high as 16
14:38 Uttam : 15.2 high otherwise
14:39 Boppanna : Shai trying to keep expiry at the level he left looks like- 10764 🙂
14:41 Praneeth : to 27030 now?
14:41 Uttam : possibility of FA at lows still there in both
14:45 RK : 10800 Pe under pressure
14:45 RK : can drop quickly 20 down here..
14:46 RK : they need to pull this above 785
14:49 RK : 2.50 move for 810 or 750
14:50 Ravi : @RK u can confirm onething up or down
14:50 RK : Ravi expiry moves tough to call..it depends on who fight hard in last 30mins
14:51 Ravi : (14:49) RK : 2.50 move for 810 or 750:)
14:51 RK : thats why no calls
14:51 Uttam : 820 looks like
14:51 RK : last 1 hr is fight from big desks
14:51 Uttam : 810@
14:52 Praneeth : i want this – 14:41 Praneeth : to 27030 now?
14:55 Ravi : Uttam what about invalidation(14:51) Uttam : 820 looks like
14:56 Praneeth : s&P -34
14:56 Praneeth : will this break bnf-nf
14:59 Praneeth : now to 26859?
15:02 Jitender : no
15:03 Praneeth : ok
15:05 Praneeth : spot hit 859
15:05 Jitender : oops
15:05 Jitender : congo Parneeth
15:05 RK : Bop 26900 PE 27 🙂
15:05 RK : hope you held lottery
15:07 Praneeth : thanks jit
15:07 Boppanna : yep thx RK
15:07 RK : awesome
15:07 Boppanna : still have a few
15:08 Uttam : nice Bops 🙂 congrats
15:08 RK : if you are lucky this should tag 810
15:08 Praneeth : 760?
15:08 Boppanna : hoping
15:11 Praneeth : congo bops
15:12 Jitender : Congo BoPs
15:12 Kathir : congo guys
15:12 Boppanna : thx guys
15:13 Uttam : @Kathir check the low 😉
15:13 Kathir : wow uttam, kudos
15:13 Kathir : your level 860
15:13 Kathir : morning
15:14 Kathir : bop me did 4,5 to 25 king 26900 pe
15:14 Kathir : kind
15:14 Jitender : Parneeth 27kpe 120-108..tx 2 yr 859
15:16 RK : 25 STT for BNF options?
15:16 Jitender : ys
15:16 TP : 30 i guess
15:16 RK : ok
15:16 Jitender : dont hold ITM buys
15:16 Uttam : Kathir now the low can hold looks like as it is on the dot
15:16 TP : especially 269k pe
15:16 RK : just wanted to know the pricing..850 spot but 900 PE at 20 so
15:17 Jitender : VAL at 866 held in bnf…but 2mrw wud tell
15:17 Boppanna : nice Kathir…
15:17 Jitender : Rk…algos / HFT have spl s/w running on the avg of last 30mins
15:17 RK : strong FA at high at below trend day VWAP..
15:17 TP : that 900 will become zero before close
15:17 RK : and retest also failed intra
15:17 Jitender : congo Kathir
15:17 Boppanna : Tmmrw 26400 may be ?
15:18 RK : yes JIt average will take care of it
15:19 Uttam : A period singles does its work in BNF
15:19 Kathir : ty jit
15:19 Jitender : happy 2 survive todat with just 1.1DT
15:19 RK : 26600 min tmw to start with (15:17) Boppanna : Tmmrw 26400 may be ?
15:20 Jitender : Rk..gap u also poss 2mrw
15:20 RK : such low range in NF and volatile bars in BNf..anything green today is good day
15:20 Jitender : tis was an expiry mve
15:20 RK : Jit gap around 26600 is short at open for me
15:20 RK : as swing trade
15:20 Jitender : will shrt below 860
15:20 RK : gap up you mean then lets take it as it comes
15:20 Jitender : 2mrw will be low vols
15:21 RK : yes till Tue we may have subtle moves
15:21 Kathir : – 38
15:21 Kathir : spx
15:21 Jitender : shld recvr
15:21 Jitender : day move…mostly contra
15:22 Jitender : but we had 100+ yday
15:22 Praneeth : yes
15:22 Dhaval : DAX -150
15:22 Jitender : next week calls hv sum buyn
15:22 Kathir : ok
15:22 RK : it was europe open much expected today as they were closed when Dow was up I thnk..Europe not so enthu about 1000 Dow
15:22 Jitender : coz it was SC
15:22 RK : yes huge one
15:23 RK : same happened with us with such large Ib
15:23 RK : shorts int he hole
15:23 RK : yday
15:23 Uttam : +1 RK
15:24 Uttam : Value higher but close in the lowest quadrant today
15:25 Praneeth : thanks Bopanna for that PE
15:25 Jitender : Rk..+ve mtm today ?
15:26 RK : finally day low close with that 27100 PE closing at highs Bop
15:26 TP : down to 8 now ……(15:17) TP : that 900 will become zero before close
15:26 RK : Jit after sharing calls reduced own trades for a reason to get focussed for sm time..so whatever is in room is my trade..except few scalps today
15:27 Jitender : oh..yes…cool
15:27 Jitender : its a stupendous job u r doing..keep it up & more power to u
15:27 Boppanna : yep RK
15:27 Praneeth : +1 RK
15:27 Ravi : @RK u r doing great job..please keep on moving
15:27 RK : If am doing my own trades then I will be like 20+ min and cannot focus for room 🙂
15:27 RK : *it will be
15:28 RK : am asking KAthir to shift here so that he can place orders and I can only watch charts..He is not willing to shift 🙂
15:28 Uttam : 🙂 lol RK
15:28 RK : just kidding
15:28 Jitender : i can Rk..wat r u offern 😉
15:29 RK : He is big shot and he himself needs operator to run the accounts
15:29 Uttam : gap down tom from this set up RK?
15:29 RK : Uttam yes possible..BNF closing into spike
15:29 TP : Bye All.
15:29 Jitender : bye all
15:29 RK : Jit cant feed big fish like you 🙂
15:29 Uttam : thanks RK
15:29 Kathir : thanks and bye all
15:29 Vinay : bye all
15:29 Uttam : thanks All 🙂 hjave a lovely evening & get ready for the new series from tom
15:30 Uttam : 2019

Order Flow charts dated 27th Dec

Many traders are used to viewing volume as a histogram beneath a price chart. But the OrderFlow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.

An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.

NF

NF (Jan F)


BNF

BNF (Jan F)


Room Chat

08:20 Vtrender Live : (08:19) Vtrender Live: option charts at -https://join.me/112-274-456
(08:20) Vtrender Live: 30 min charts at – https://global.gotomeeting.com/join/328942085

10:15 RK : (10:15) RK : Long BNF 26465 SL 26400

10:16 RK : (10:15) RK : will update obj

10:31 RK : (10:31) RK : Keep full exit at 26515 and move SL to 26415 now (10:15) RK : Long BNF 26465 SL 26400

10:34 RK : (10:34) RK : 26515 booked (10:31) RK : Keep full exit at 26515 and move SL to 26415 now (10:15) RK : Long BNF 26465 SL 26400

11:03 RK : (11:03) RK : Short NF 10580 for 10540 SL 10620

11:20 RK : (11:20) RK : Part book at 10562and move SL to cost 10580 (11:03) RK : Short NF 10580 for 10540 SL 10620

11:29 RK : (11:29) RK : make exit at 10580 (11:20) RK : Part book at 10562and move SL to cost 10580 (11:03) RK : Short NF 10580 for 10540 SL 10620

12:49 RK : (12:49) RK : Short NF 10605 for 10570 SL 10635

13:16 RK : (13:16) RK : move SL to 10638 (12:49) RK : Short NF 10605 for 10570 SL 10635

13:28 RK : (13:27) RK : Nf stopped (13:16) RK : move SL to 10638 (12:49) RK : Short NF 10605 for 10570 SL 10635

13:58 RK : (13:58) RK : NF Long above 10725 for 10765 SL 10685

14:21 RK : (14:21) RK : Book Full 10745 (13:58) RK : NF Long above 10725 for 10765 SL 10685

14:25 RK : (14:25) RK : NF again long keep above 10745 for 10775 SL 10720

15:04 RK : (15:04) RK : move SL to 10715 and hold for 10790 (14:25) RK : NF again long keep above 10745 for 10775 SL 10720

15:23 RK : (15:22) RK : keep full exit at 10765 and move SL to 10735 now..(15:04) RK : move SL to 10715 and hold for 10790 (14:25) RK : NF again long keep above 10745 for 10775 SL 10720

15:28 RK : (15:28) RK : make exit 10758 (15:22) RK : keep full exit at 10765 and move SL to 10735 now..(15:04) RK : move SL to 10715 and hold for 10790 (14:25) RK : NF again long keep above 10745 for 10775 SL 10720


08:19 Vtrender Live : option charts at -https://join.me/112-274-456
08:20 Vtrender Live : 30 min charts at – https://global.gotomeeting.com/join/328942085
09:01 RK : GM All
09:06 Kathir : GM all
09:07 Jitender : Gm Folks 🙂
09:07 Vinay : Gm..RK..Jit
09:09 Jitender : Gm Vinay
09:09 Boppanna : GM VT
09:12 Vinay : gm Bop
09:12 Vinay : whats BNF telling you for tomorrow 🙂
09:13 Uttam : Good Morning All 🙂
09:13 RK : 10630-10590 sup zone for first session..could try to bounce from this zone to enter into prev range..rest depends on how value and auction develops..acceptance below 590 would be weak for the day #NF
09:18 Dhaval : Gm all
09:18 Dharmesh : HI all
09:23 Boppanna : That 26600pe 80-85 scale up was looking good quick morning trade
09:25 RK : 26535 nPOC in BNF
09:28 Boppanna : Report BNF Hypo bang on c) Lower targets below 26680 are the extension handle of 26580 & VPOC of 26520
09:31 Boppanna : 5 more min and that done
09:31 Uttam : RK NF can go for 10545 & 10530 today?
09:31 RK : sustaining below 10590 opens up 10470 Uttam
09:31 Uttam : yep 10530 is a vpoc
09:33 Uttam : vols also good in the opening 15mins so OAOR+drive down?
09:34 RK : yes NF vols are good now
09:36 TP : GM All.
09:39 Uttam : 10700pe left an FA on Monday at 31.75 & 2atr comes to 141
09:40 Uttam : saw it late
09:40 Uttam : 132 now
09:40 Uttam : sorry 143 high
09:41 Uttam : BNF tags that vpoc of 26520
09:41 Uttam : 26480 next singles start in it
09:44 Jitender : Dt done…
09:45 Uttam : super Jit
09:45 Uttam : congrats
09:45 Uttam : 26355 coming in BNF looks like
09:45 Jitender : tx man
09:46 Uttam : (09:31) Uttam : RK NF can go for 10545 & 10530 today? 10551 so far low in NF
09:47 Jitender : +1
09:48 Boppanna : 26600pe 209-230 resistance high so far 203 looks done for now
09:50 Uttam : more to come Bops
09:50 Uttam : below 26610 BNF will remain weak all day
09:54 Boppanna : +1 Uttam would be buy on dips that PE for now is what I meant gap at 213,203 high so will pause I feel around that zone lets see
09:54 Uttam : 10600pe done from 55.5 to 82.5
09:54 Uttam : next entry post IB
09:54 Boppanna : Nice Uttam
09:54 Uttam : thanks Bopps 🙂
09:57 Uttam : NF low 10547
10:00 Uttam : 10585-595 res in NF now
10:02 Uttam : 26480 sup in BNF here
10:03 Rajiv : Uttam what are these larger sell numbers?
10:03 Rajiv : could
10:04 Uttam : look like rollovers Rajiv
10:05 Rajiv : Similar longs in Jan?
10:05 Uttam : similar reds
10:15 RK : Long BNF 26465 SL 26400
10:15 RK : will update obj
10:16 Uttam : C period extension in NF
10:17 Uttam : but just started so lets see if it makes lower low
10:18 Uttam : (09:31) Uttam : RK NF can go for 10545 & 10530 today? NF low 10536
10:19 Jitender : trend day ?
10:20 Boppanna : 27k at lows BNF
10:22 Jitender : watch 26.7pe at 230
10:22 Jitender : pivot
10:24 RK : NF could also do 10565/575 from here with 515 invalidation
10:25 Uttam : ‘b’ forming RK?
10:25 Uttam : at least for the first hald of the day?
10:28 RK : expecting some balance Uttam
10:28 Jitender : Uttam 1.98 green in nf ..a roll ?
10:29 Uttam : yes Jit 2.3l Red in Jan
10:29 Jitender : tx
10:30 Jitender : spx -13.5
10:30 Uttam : all big numbers today are rolls
10:30 Uttam : similar high volume 1min bars in both Dec & Jan
10:31 RK : Keep full exit at 26515 and move SL to 26415 now (10:15) RK : Long BNF 26465 SL 26400
10:34 TP : +1 RK.
10:34 Boppanna : +1 RK
10:34 Uttam : super RK 🙂
10:34 RK : 26515 booked (10:31) RK : Keep full exit at 26515 and move SL to 26415 now (10:15) RK : Long BNF 26465 SL 26400
10:34 Sumit : buyer stuck ?
10:34 Sumit : in bnf
10:35 Dhaval : nice RK
10:35 Uttam : all at VT booked 😉
10:35 RK : 540-565 done (10:24) RK : NF could also do 10565/575 from here with 515 invalidation
10:35 Gaurav : +1
10:35 Uttam : nice RK +1
10:35 RK : such large tail after 2 days of down trend tough to extend quite a large IB
10:36 RK : so just went for bounce post B period
10:36 RK : 100 NF IB and 250+ BNF IB
10:36 Jitender : +1
10:36 Uttam : but we can still end as another long bearish day today RK?
10:36 Uttam : they come in sets of 3
10:36 RK : yes Uttam lets see where pullback stops and value creates
10:36 RK : that 590 sustain 470 destination still open
10:37 Uttam : +1
10:37 Uttam : C period making an outside bar in both
10:37 Praneeth : usdinr moving higher..
10:37 RK : but probelm is getting into imbalance in a strong trend I mean chasing is risky..have to wait enough
10:37 Praneeth : crossed DH
10:38 Uttam : NF at vwap
10:40 Jitender : Kohli playn llike in a one day
10:42 TP : yes jit pujara strike rate 33 , kohli 100 🙂
10:42 Boppanna : High 203.85 so far 510 sustains in BNF this can dip more 09:48 Boppanna : 26600pe 209-230 resistance high so far 203 looks done for now
10:43 Jitender : +1
10:43 Uttam : +1 Bops
10:43 Jitender : keep it coming BoP
10:43 Jitender : love yr views\
10:43 Boppanna : Thx Jit team work leaarnt it here
10:44 Boppanna : 🙂
10:45 RK : Hold that Bop..If BNF breaks 26400 today then next 300 point could come quick (10:42) Boppanna : High 203.85 so far 510 sustains in BNF this can dip more 09:48 Boppanna : 26600pe 209-230 resistance high so far 203 looks done for now
10:45 RK : maybe expiry trade that would be
10:45 Jitender : vix 17
10:46 Uttam : I feel we can go below 26000 in BNF by tom 😉
10:46 Boppanna : Kathir had his eyes on 26000pe on Monday
10:47 Boppanna : +1RK below 26400 drop 300 high probability
10:47 Jitender : good vols fr last week of dec 🙂
10:47 Uttam : yes Jit NF big vols in IB
10:48 Jitender : spx below April 2017 lvls
10:48 Jitender : wish nf cud follow
10:48 Boppanna : On watch as well 10:22 Jitender : watch 26.7pe at 230
10:48 Jitender : +1
10:55 Uttam : (10:25) Uttam : ‘b’ forming RK?(10:25) Uttam : at least for the first hald of the day?
10:58 Kathir : BOP was away for a while
10:58 Kathir : yes 26k pe did 27 high today without breaking that 7
10:58 Kathir : 26100 pe open= low = 6
11:02 Santhanam : RK …. this move downwards seems like a slow replay of the 5 state election results…… could we expire around 10350?
11:03 RK : Short NF 10580 for 10540 SL 10620
11:04 RK : depends on close today (11:02) Santhanam : RK …. this move downwards seems like a slow replay of the 5 state election results…… could we expire around 10350?
11:04 RK : lets see how the day develops
11:05 Uttam : loads of reds in NF here
11:17 Prudhvi : NS=NF
11:20 RK : Part book at 10562and move SL to cost 10580 (11:03) RK : Short NF 10580 for 10540 SL 10620
11:20 Jitender : we get one decent PB in bnf..n guess who got it bang on with lvls n timing ?
11:21 Jitender : it’s easy…..RK the grt 🙂
11:22 RK : not unless its done Jit 🙂
11:22 Jitender : u did it man….465-515
11:23 RK : thanks
11:23 Jitender : look at the charts n yr call…+1000
11:29 RK : make exit at 10580 (11:20) RK : Part book at 10562and move SL to cost 10580 (11:03) RK : Short NF 10580 for 10540 SL 10620
11:29 Boppanna : looks like BNF trying something here
11:29 RK : part book missed by a point..unfortunate
11:31 RK : c extn failure and D and E higher high higher low now..590-610 zone to decide further now
11:34 RK : such large tail is always a trouble for the trend..short in the hole
11:34 RK : so inventory being adjusted now
11:34 RK : first pullback to 580 got reds but they fail to sustain below VWAP
11:35 RK : hence we are seeing them making exit here
11:35 RK : same as how we did..
11:36 Jitender : bnf at pivot here
11:36 Jitender : 510-540 zone
11:37 RK : start of F period in next 5-10 mins..if that dont show a sign to accept in A singles then it could fall back to 560-550 again
11:37 RK : acceptance in A means can stretch till 610-620 zone
11:37 RK : BNF looking to tag 565-580 zone here
11:37 Jitender : yub 620 is the morn first minor PB seller
11:41 Boppanna : Uttam has is boundary at 610 as well in BNF for morning sellers to get restless until then they’ll relax
11:46 RK : this day is turning tricky now..lets see
11:47 Jitender : spx -3 🙂
11:48 RK : yes..signs of sellers failing
11:48 Jitender : 2day…will decide expiry….
11:48 RK : now
11:48 RK : BNf need to sustain below 26500 and NF 10565
11:49 TP : What about santa rally …offically starts from 26th 🙂
11:49 RK : but Santa gone to shelters right after street ride? 🙂
11:49 RK : SAnta dumped US mkts
11:49 TP : Can surprise
11:49 RK : painted deep red
11:50 Uttam : lol jo US ka na ho saka woh India ka kya hoga 😉
11:50 TP : lol
11:50 Uttam : above 26550 BNF can see short cdovering & filling up of morning tail
11:51 Uttam : (10:00) Uttam : 10585-595 res in NF now…this still holding
11:52 Jitender : btw Santa is a Coke creation
11:52 Jitender : it wasnt tere before tey brought it up..gave it red color
11:53 TP : US mkts open today , full day ?
11:53 Jitender : ys
11:53 TP : tks
11:54 Uttam : so Santa Coke ke coke se paida hua hai 😉
11:54 Jitender : 🙂
11:54 TP : 🙂
11:54 Jitender : Tej…if 24th was a half day
11:54 Jitender : coz 25th gets anothr half day pre/post close
11:54 RK : NF trying to get Ledge here
11:54 TP : yes 24th was half day otherwise could have done -1000 points .
11:55 Jitender : 🙂
11:55 Uttam : Nikkei did that 1000 yesterday?
11:55 Jitender : yup
11:55 Jitender : -5.1%
11:56 RK : Nikkei I think the fall mostly due to some assacination
11:56 RK : than US mkt fall
11:56 Uttam : yes RK I was also wondering why it fell more than US
11:56 TP : Nikkei is always at extreme
11:58 RK : waiting for F to show its hands
11:59 RK : 15-20 points here in NF in next 30mins
11:59 Jitender : hangn tere (11:29) RK : part book missed by a point..unfortunate(11:31) RK : c extn failure and D and E higher high higher low now..590-610 zone to decide further now(11:36) Jitender : bnf at pivot here(11:36) Jitender : 510-540 zone
11:59 RK : yes
11:59 Jitender : sry…copied wrng
12:00 Jitender : meant tis (11:36) Jitender : bnf at pivot here(11:36) Jitender : 510-540 zone
12:00 Kathir : vix steady up till now
12:01 Jitender : spx green
12:02 RK : F breaks out..otf since C lows
12:02 Uttam : 10550pe being written
12:02 Jitender : ys
12:02 Uttam : more than doubled its OI
12:03 RK : check 600 CE
12:03 Uttam : but these writers are the one who will feel the heat if NF turns down
12:03 Dhaval : RK can we expect 620 in NF?
12:03 RK : not comfy to take longs here Dhaval
12:03 Dhaval : okk
12:04 Uttam : wow RK 20L addition in OI there
12:04 RK : but if you are already in longs then can trail with 575
12:04 RK : for 610 kind
12:04 Jitender : major of it wud b a delta write at 600/55
12:04 Jitender : 550
12:04 Jitender : 1 day to go fr tomorrow
12:04 Jitender : so prem wil b eaten
12:04 Uttam : 550 is just 6L OI change Jit?
12:05 Dhaval : ok tx
12:05 Uttam : 600ce is huge compared to it but could be ksing of hedge also>
12:05 Uttam : ?
12:05 Jitender : ys
12:05 Uttam : more CE short than PE shorts
12:05 Jitender : butit didnt back out
12:05 Jitender : ys Uttam
12:05 Uttam : thaank Jit 🙂
12:05 Uttam : thanks*
12:06 Uttam : BNF ledge at 26490 RK or in mid of ‘b’ so can get smoothend out?
12:07 Uttam : 10600ce looks like going for a tag of 51
12:08 Uttam : BNF getting above 26550
12:09 RK : F done the trick (11:59) RK : 15-20 points here in NF in next 30mins
12:09 Jitender : +1
12:10 RK : Uttam BNF should hold this range for mean reversion (11:37) RK : BNF looking to tag 565-580 zone here
12:10 Uttam : thanks RK
12:11 RK : more than 10550 I think its 10500 PE guys wanted to save the day..steady increase in OI
12:11 Jitender : last 2 days…OI is St money
12:12 Uttam : (12:07) Uttam : 10600ce looks like going for a tag of 51…high 50.1…
12:12 Jitender : can flip easily
12:12 RK : they have moved to comfortable level of OI now to hold the zone for expiry
12:12 TP : bot liked this …(11:49) TP : What about santa rally …offically starts from 26th 🙂
12:12 RK : 10500 PE
12:12 RK : Tej 🙂
12:12 Uttam : so you did this Tej 😉
12:13 TP : Uttam morning dt done in IB just playing around now 🙂
12:13 Jitender : +1
12:13 Jitender : IB is the part
12:13 Jitender : get majority of yr DT tere n rest of the day is easy
12:14 TP : butt think we could have monster rally in us tonite and tmrw expiry could surprise on upside.
12:14 Uttam : yes Jit & Tej +1
12:14 Uttam : another day when C period extesion proves to be a false one
12:14 TP : +1
12:14 Uttam : NF almost there at i
12:14 Uttam : IBH
12:15 Uttam : can it confirm the FA at lows?
12:15 RK : where is max pain?
12:15 Uttam : lemme check now
12:15 Uttam : 10700 it was on Monday close
12:17 RK : sensed this post that second swing low around 10565 (11:46) RK : this day is turning tricky now..lets see
12:17 Uttam : 10600 PCR almost at 1 now
12:17 Jitender : BoP 220-180 done (10:48) Boppanna : On watch as well 10:22 Jitender : watch 26.7pe at 230(11:36) Jitender : bnf at pivot here(11:36) Jitender : 510-540 zone(11:47) Jitender : spx -3 🙂
12:18 RK : now its chop game
12:18 Uttam : post 2 we can get a move RK?
12:18 RK : possible
12:19 RK : gap down value down price way away from value now
12:19 Uttam : day COT 5L plus in Dec & 2.5L in Jan
12:19 Jitender : OI dwn from 25lac+ to 22Lac now (12:04) Uttam : wow RK 20L addition in OI there(12:11) Jitender : last 2 days…OI is St money
12:20 Boppanna : Nice Jit
12:21 Uttam : (12:19) Jitender : OI dwn from 25lac+ to 22Lac now (12:04) Uttam : wow RK 20L addition in OI there(12:11) Jitender : last 2 days…OI is St money….this in 10600ce Jit?
12:21 Jitender : ys
12:22 Uttam : (12:07) Uttam : 10600ce looks like going for a tag of 51…makes high of 52.65 & noe back to 42
12:22 Jitender : +1
12:24 Uttam : pain at 10600 RK
12:24 Jitender : was 10650 at open
12:25 RK : tks
12:26 Uttam : BNF 26600
12:26 Uttam : so NF & BNF will be together 700 / 600 or 500
12:28 Jitender : AG long
12:30 Jitender : OI dwn to 20.5lac now (12:21) Uttam : (12:19) Jitender : OI dwn from 25lac+ to 22Lac now (12:04) Uttam : wow RK 20L addition in OI there(12:11) Jitender : last 2 days…OI is St money….this in 10600ce Jit?
12:30 Uttam : spot above 10610 will no longer be bearish
12:30 Uttam : that morning OH in spot was a freak one
12:31 Uttam : if ignore the first minute high then Nifty above IBH
12:32 Jitender : bnf longs hedge
12:32 Jitender : stretched here
12:34 Uttam : BNF high in this bounce 26608.8
12:35 Jitender : 18lac now (12:30) Jitender : OI dwn to 20.5lac now (12:21) Uttam : (12:19) Jitender : OI dwn from 25lac+ to 22Lac now (12:04) Uttam : wow RK 20L addition in OI there(12:11) Jitender : last 2 days…OI is St money….this in 10600ce Jit?
12:35 Uttam : (09:50) Uttam : below 26610 BNF will remain weak all day
12:35 Jitender : after 10yrs…i ignore OI in expiry week…esp post Mon
12:35 Uttam : yes Jit
12:35 Uttam : +1
12:36 Jitender : tere is a concpt of OI ratio’s…developn it
12:36 Jitender : will share….rite now in testn phase
12:36 Uttam : cool Jit 🙂 that will be great
12:37 Jitender : 1
12:37 Jitender : +
12:38 RK : that 582 ledge seems attempt by sellers in the tail and when they failed to hold ledge it turned one way street # Ledge at extreme of balance (11:54) RK : NF trying to get Ledge here
12:38 RK : thats why its better to pay attention to Ledge at edges than mid of profiles..
12:40 Uttam : +1 RK
12:41 Uttam : 10566 coming in NF?
12:41 Uttam : below 10590?
12:42 Uttam : (12:19) Uttam : day COT 5L plus in Dec & 2.5L in Jan…day COT in Dec now down by 1.4L which means some of the morning longs booked out
12:44 Jitender : 26.6ce 110-79 done (12:32) Jitender : bnf longs hedge(12:32) Jitender : stretched here
12:44 Boppanna : Jit flexing it
12:46 Jitender : wed n thrus…chicken time
12:46 Boppanna : Jit’s 510-540 in BNF holding
12:46 Jitender : along with bread
12:48 Uttam : sellers also today looks like chickening out Jit 😉
12:48 Jitender : 🙂
12:49 RK : Short NF 10605 for 10570 SL 10635
12:49 Jitender : 10.6ce OI 16lac now..9lac cvrd in an hr
12:54 MJ : Heatseeker is on a holiday too today? 🙂
12:54 MJ : Logged in from remote to say hi to all of you 🙂
12:55 Uttam : Hey Mihir 🙂 enjoying your holidays?
12:55 MJ : Yes budd. 🙂
12:55 Uttam : cheers
12:56 TP : Hi M. Heatseeker giving minimal alerts….maube not happy with volumes 😉
12:56 MJ : Looks like. I was staring at the channel. And it looked in deep slumber.
12:57 MJ : Else at 0915 it keeps buzzing.
13:06 Uttam : (12:41) Uttam : 10566 coming in NF?(12:41) Uttam : below 10590? NF did not go below 10590 🙁
13:08 Uttam : that 10600pe has been rissing again
13:08 Uttam : 37L OI now
13:09 Uttam : H period looks like an inside bar so I could give the next move RK or whip time?
13:09 Uttam : ‘I’ period
13:12 RK : yes
13:12 Porus : 10.5 pe premium rising. Buying happening?
13:12 RK : I can show the move
13:13 Uttam : yes RK only you can show the move 🙂
13:13 Himanshu : 🙂
13:13 MJ : Uttam today also C period low
13:14 Gaurav : was about to write the same thing uttam 🙂
13:14 RK : I period man..dont pull my legs 🙂
13:14 Uttam : lol RK I know but what I wrote was correct for both terms 🙂
13:14 Uttam : yes Mihir…(12:14) Uttam : another day when C period extesion proves to be a false one
13:14 MJ : RK: (kabhi kabhi lagta hai apunich “I” bhagwan hai. Sacred Games reference.
13:15 Uttam : +1 Gaurav
13:16 RK : move SL to 10638 (12:49) RK : Short NF 10605 for 10570 SL 10635
13:17 MJ : RK bnf view?
13:17 RK : 560 break is weak there for 500
13:17 RK : 560-580 sustain means can extend upside
13:19 MJ : Thanks.
13:19 Boppanna : You read my mind 🙂 ..13:13 Uttam : yes RK only you can show the move 🙂
13:19 Boppanna : That 52k in NF causing trouble
13:19 Uttam : 🙂 Bopps
13:19 Uttam : BNF above 26610
13:20 Uttam : pain back to 10650 in NF
13:21 Boppanna : above 630 in BNF morning sellers trouble
13:21 Uttam : PEs making new lows is more to do with premium decay I guess?
13:23 TP : Jit S&P green now.
13:23 Uttam : Tej left his Santa there also 😉
13:24 RK : stay safe with longs in BNF..fast fall coming
13:24 Jitender : ys Tej
13:24 TP : bots read this 🙂
13:24 RK : 675 invalidation
13:27 RK : Nf stopped (13:16) RK : move SL to 10638 (12:49) RK : Short NF 10605 for 10570 SL 10635
13:29 Uttam : another 1L booking out longs in NF
13:29 Jitender : 100 up frm tere 🙂 (12:46) Boppanna : Jit’s 510-540 in BNF holding
13:29 Uttam : 10660 coming looks like?
13:29 MJ : Hola J. 🙂
13:30 Uttam : or NF leaving a FA here for the next leg down
13:31 MJ : Any idea when we have nf weeklies starting?
13:32 Jitender : Hola M
13:32 Jitender : no idea
13:32 MJ : your 510 was ekdum mast.
13:32 MJ : Rough stay above Suyog’s OTM has given us good move.
13:32 Jitender : cheers
13:33 Jitender : multiple ways 2 earn..be focussed on yr objectives
13:33 MJ : Yes Jit 🙂
13:33 Jitender : 26k green at top in bnf
13:33 MJ : OTM is a gem.
13:33 MJ : Wide IB for 2ib this is.
13:34 MJ : Lets see if we sustain above 1.5ib
13:34 Jitender : 10.6ce OI at only 14lac now 🙂 —QED
13:35 MJ : 33 entry Jit 🙂
13:35 Jitender : 🙂
13:35 MJ : Booked few just at 82.
13:35 RK : neutral environment
13:37 Porus : Jit, 10.6 pe and ce both have added 14 lac OI today
13:37 Jitender : Porus..in morn 10.6ce was 25lac+ & 10.6pe was just 6lac
13:37 Jitender : scroll up
13:38 Jitender : had said tat 10.6pe OI hadnt gvn up in fall n tat 10.6ce OI add wasnt to be trused
13:38 Jitender : basically ignore OI post Mon in an expiry week
13:38 Uttam : BNF confirmed FA at lows
13:38 Jitender : had 2 refresh…so dont have tat comments now
13:39 Uttam : (13:29) Uttam : 10660 coming looks like? Done
13:39 Jitender : +1
13:39 Uttam : (13:19) Uttam : BNF above 26610
13:40 Uttam : 100 done from there & SC was from above 26550
13:40 TP : Both these FA should be secured till Shai is back for my Santa rally.
13:40 Jitender : 200 from my 540 also Uttam 🙂
13:40 Uttam : super Jit 🙂
13:40 Boppanna : +1 Jiy
13:41 Boppanna : Jit
13:41 Uttam : had mentioned above 26550 BNF could get short covering
13:41 Jitender : #Eagle Eyes +100
13:43 Boppanna : if can sustain 700 then more trouble to 900 ?
13:43 Uttam : BNF going for that 26800 tag?
13:43 TP : +1
13:44 Jitender : Tej..kissing Santa 🙂
13:44 Uttam : now we know why that 10600pe was getting sellers
13:44 Uttam : 92 high to 19 now
13:45 TP : Jit I like Santa with green coat 😉
13:45 Uttam : 🙂 Tej
13:46 Uttam : (13:43) Uttam : BNF going for that 26800 tag? Done
13:46 MJ : 1.5 ib done.
13:47 MJ : (13:34) MJ : Lets see if we sustain above 1.5ib
13:47 Uttam : above 10700 NF can go for that 10723 tag
13:49 Uttam : 1atr in NF done at 10666 from today’s FA
13:49 Uttam : 2atr at 10796
13:50 Uttam : BNF 1atr at 26744
13:50 Uttam : 2atr comes to 27048 just at that extension handle
13:51 Uttam : so 10666 & 26744 need to hold for close at highs
13:51 MJ : +1 uttam
13:51 MJ : Uttam for C period is there any stat avail?
13:51 MJ : win rate or something?
13:52 Uttam : BNF can test 26925 & that is an important level
13:52 Jitender : Tej 26.4ce 257-458
13:52 Jitender : chciken time 🙂
13:52 Uttam : close above it means BNF trend back to up
13:52 MJ : Kudos Jit.
13:52 MJ : 🙂
13:52 TP : jit 178 entry exit most 215 holding few with sl 🙂
13:52 Jitender : +1
13:53 Boppanna : BNF 13:43 Boppanna : if can sustain 700 then more trouble to 900 ?
13:53 Jitender : +1
13:53 Jitender : aaj to balle balle
13:53 TP : _/\_
13:54 MJ : Almost 2ib upside boyyyyyyssss (13:33) MJ : Wide IB for 2ib this is.
13:54 Uttam : (13:47) Uttam : above 10700 NF can go for that 10723 tag
13:54 Uttam : done
13:54 MJ : Doneeee!
13:54 MJ : 🙂
13:54 MJ : Trading from jungle.
13:54 MJ : Adventure Galore.
13:54 Uttam : (13:52) Uttam : BNF can test 26925 & that is an important level…done
13:55 Boppanna : Just watching not brave to push ce buys ..as not sure when this will sink
13:55 Jitender : hope everyone made money today
13:56 MJ : jit prospect better half is happy today.
13:56 MJ : very very.
13:56 Boppanna : breakeven here Jit
13:56 Jitender : BoP….1.5 hrs left..rock it
13:57 Jitender : wishn fr u
13:57 Boppanna : yep thx
13:58 RK : NF Long above 10725 for 10765 SL 10685
14:04 TP : nf dpoc still down 580 ?
14:06 RK : yes
14:07 TP : same with bn., crazy profile with excellent vol in NF.
14:13 MJ : 100 from VWAP band. BNF did. 🙂
14:19 Jitender : bears ****ed today wud be an understatement 🙂
14:19 MJ : 10885 expiry.
14:19 MJ : Lets see.
14:19 MJ : Just at RO point.
14:20 TP : 10760 HVN if crossed then 10885 possible M.
14:21 RK : Book Full 10745 (13:58) RK : NF Long above 10725 for 10765 SL 10685
14:23 Jitender : a day like today…& one is happy fr a week
14:25 RK : NF again long keep above 10745 for 10775 SL 10720
14:26 MJ : max pain moved to 10700 too.
14:41 TP : bn 2 ib done despite a huge ib 😉
14:41 MJ : Yes tp.
14:41 MJ : only santa could think of this surprise.
14:41 MJ : Many hurt big today.
14:41 MJ : The late shorts.
14:45 Uttam : (13:50) Uttam : 2atr comes to 27048 just at that extension handle
14:45 Jitender : rabba rabba
14:45 Boppanna : 27100 test coming looks like
14:45 TP : bn 3ib at ?
14:45 MJ : Lelo TP.
14:45 Uttam : 27254
14:46 MJ : 27140 cross mangta.
14:46 TP : tks
14:46 Kathir : dpoc still there ?
14:46 Uttam : elongated profile Kathir so dPOC mostly will remain there only
14:47 Kathir : ok
14:48 Uttam : NF resisting at 10755 prev week lows
14:48 Jitender : i had posted Trend day…in IB itself…
14:49 MJ : Jit missed trend day comments. Reasoning was?
14:49 Jitender : santa
14:49 MJ : Ho Ho Ho!
14:49 Boppanna : High 49 14:45 Uttam : (13:50) Uttam : 2atr comes to 27048 just at that extension handle
14:51 MJ : You are as usual ahead of everyone J.
14:51 MJ : 🙂
14:51 Jitender : technically though it wasnt a trend day 🙂
14:51 Jitender : spx was the rick
14:51 MJ : Got it J 🙂
14:52 MJ : Vwap within 10 pt range of IBH. Neutral extreme it is.
14:52 TP : jit nest orders slow/stuck.
14:53 Jitender : yh
14:53 TP : only mky orders quick , limit one still validating.
14:54 Jitender : yh
14:54 Jitender : upstox has seem to hit on a trick to delay n earn thru our orders
14:54 Praneeth : jit, close at DH in bnf?
14:55 Jitender : poss..but tere cud b a dip
14:55 Praneeth : thanks
14:55 Praneeth : any more sc possible
14:55 TP : yes …(14:54) Jitender : upstox has seem to hit on a trick to delay n earn thru our orders
14:55 Jitender : highly overbought now
14:57 RK : irrational Neutal day..as long as 10720 holds NF could do 790 today
14:57 RK : above 755 can add posn
14:57 RK : they are looking for stops above PDH there
14:57 RK : 3.05 next move
14:58 RK : 3.05 pm
14:58 Uttam : +1 r
14:58 Uttam : RK
14:58 Uttam : BNF did 2atr so NF should also do it 😉
15:00 RK : 10790 and 10820 two maj zone to decide settlement
15:00 Kathir : where is it uttam?
15:00 Uttam : 10796
15:00 Kathir : ty
15:00 Uttam : 🙂
15:01 Kathir : hows europe uttam’
15:02 Gaurav : europe is also red mostly
15:04 Kathir : ok
15:04 RK : move SL to 10715 and hold for 10790 (14:25) RK : NF again long keep above 10745 for 10775 SL 10720
15:15 Jitender : bye all…..c u morrow
15:15 Uttam : cya Jit
15:16 Praneeth : bye jit
15:16 Jitender : tc guys
15:22 RK : keep full exit at 10765 and move SL to 10735 now..(15:04) RK : move SL to 10715 and hold for 10790 (14:25) RK : NF again long keep above 10745 for 10775 SL 10720
15:23 RK : running out of time for 790
15:24 Uttam : BNF new highs
15:24 TP : if gaps up tmrw CE writers will be butchered ….write upto 109 k writers.
15:28 RK : make exit 10758 (15:22) RK : keep full exit at 10765 and move SL to 10735 now..(15:04) RK : move SL to 10715 and hold for 10790 (14:25) RK : NF again long keep above 10745 for 10775 SL 10720
15:28 Uttam : lovely trades RK 🙂
15:29 TP : +1 RK.
15:29 Boppanna : +1 RK
15:29 TP : Bye All.
15:29 RK : NF missed it in last moment..
15:29 Uttam : what a day 🙂
15:29 Uttam : yes RK time restricted the move
15:30 Uttam : thanks All 🙂 have a lovely evening
15:31 Praneeth : nye all

Order Flow charts dated 26th Dec

When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.

An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.

NF

NF (Jan F)

BNF


Room Chat

07:13 Vtrender Live : (07:11) Vtrender Live: option charts – https://join.me/635-398-284
(07:12) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/639461429

09:51 RK : (09:51) RK : Short NF 10755 for 10725 SL 10780

09:53 RK : (09:53) RK : keep part book at 10737 and move to cost once part booked (09:51) RK : Short NF 10755 for 10725 SL 10780

09:54 RK : (09:54) RK : 10737 part booked and SL at cost 10755 now (09:53) RK : keep part book at 10737 and move to cost once part booked (09:51) RK : Short NF 10755 for 10725 SL 10780

09:56 RK : (09:55) RK : book full at 10740 (09:54) RK : 10737 part booked and SL at cost 10755 now (09:53) RK : keep part book at 10737 and move to cost once part booked (09:51) RK : Short NF 10755 for 10725 SL 10780

10:05 RK : (10:05) RK : Short NF 10725 SL 10750 for 10695

10:19 RK : (10:19) RK : trade not triggered..view negated now..remove the order now if in pending (10:05) RK : Short NF 10725 SL 10750 for 10695

10:52 RK : (10:51) RK : Long BNf above 26825 for 26900 SL 26750

11:23 RK : (11:22) RK : close the trade at 26820 (10:51) RK : Long BNf above 26825 for 26900 SL 26750

11:55 RK : (11:55) RK : Long NF 10735 SL 10710 for 10755


07:11 Vtrender Live : option charts – https://join.me/635-398-284
07:12 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/639461429
09:02 Uttam : Good Morning All 🙂
09:05 Vinay : gm all…
09:05 Vinay : gm uttam..rk…
09:06 RK : GM all
09:07 Jitender : Gm Folks 🙂
09:12 R Goel : GM uttam , rk
09:12 R Goel : gm everyone
09:13 TP : GM All.
09:16 Subhodeep : gm all
09:19 Subhodeep : are the charts running intermittently ?
09:21 Boppanna : Fine now..a refresh at ur end might help
09:21 TP : Even after refresh avery slow.
09:24 Vinay : yes TP..same here
09:25 TP : Uttam any way to confirm if this 170 green in 30 min is rollover?
09:25 Uttam : yes Tej
09:25 RK : end of A period needed to assert who is betting strong now after trend day down
09:25 RK : till then better to stay sidelines
09:25 Uttam : Jan OF there on JoinMe
09:26 Uttam : +1 RK
09:26 TP : tks Uttam.
09:26 Uttam : have similar vols there but same color too 🙂
09:26 Boppanna : +1 RK did that check below Friday low as well
09:26 Boppanna : BNF
09:26 Uttam : looks like an ORR for now in both
09:27 RK : staying above 795 required to tag 830-840 range now in NF
09:31 Boppanna : Seems BNF hypo also spot on for today’s open with boundaries drawn around 26880-27013 for now
09:34 Kathir : GM all
09:34 Boppanna : How’s USDINR looking ?
09:36 R Goel : @ Jit, need some help.. you had mentioned to someone out here a link on slack for some old learning strategies, if possible can you share them again missed copying it tht day.
09:39 Jitender : sure…gv me a min
09:42 Jitender : RG..r u on slack ?
09:45 TP : Uttam how are the 30 min vol ?
09:45 RK : average
09:46 R Goel : yes
09:46 TP : tks , i was thinking very poor.
09:47 Jitender : RG..in gen channel ..on top tere is “i” sign in a circle
09:47 Jitender : click on it…on ten on pinned items
09:47 Jitender : learning channel backup is tere in pinned items
09:48 Jitender : in case u r unable 2 find..ping me on slcak
09:48 Jitender : slack
09:50 R Goel : sure Jit just give me a minute will try and find out
09:51 RK : Short NF 10755 for 10725 SL 10780
09:53 RK : keep part book at 10737 and move to cost once part booked (09:51) RK : Short NF 10755 for 10725 SL 10780
09:54 RK : 10737 part booked and SL at cost 10755 now (09:53) RK : keep part book at 10737 and move to cost once part booked (09:51) RK : Short NF 10755 for 10725 SL 10780
09:54 TP : Good one RK….looks like that 21k green at 37 is the room booking.
09:55 R Goel : thank Jit have got it.. the html file … cheers
09:55 RK : book full at 10740 (09:54) RK : 10737 part booked and SL at cost 10755 now (09:53) RK : keep part book at 10737 and move to cost once part booked (09:51) RK : Short NF 10755 for 10725 SL 10780
09:56 Uttam : nice one RK 🙂 +1
09:57 RK : IB may not stretch much beyond this and expecting a balance around VWAP for sm time
09:57 RK : weak below 725 for another imbalance
09:58 Uttam : 10733 was extension handle & low exactly there for now in NF
09:58 Uttam : below that we can go for the first ext handle of 10708
09:59 RK : yes 690 next obj now for us as long as we stay below 790
09:59 Uttam : +1 vpoc calling below IBL now
10:02 Uttam : 10708 calling?
10:03 Jitender : 3 ib setup in bth on watch
10:05 RK : Short NF 10725 SL 10750 for 10695
10:08 Vivek : 2L buyer
10:09 Uttam : rollover that is
10:09 Uttam : 2L red in Jan
10:09 Manish : uttam, can you please explain in slack what is rollover and how do you identify in OF vs. a fresh buyer ?
10:11 Uttam : sure Manish
10:15 Manish : rk, I have noticed all your ID trades have R:R of 0.8:1 (for example in NF, reward is 30 for a SL of 25). So this is good because over a series of trades, the probabilities will play out in your favour. Is this correct ?
10:17 Boppanna : IB done > 3IB setup
10:19 RK : trade not triggered..view negated now..remove the order now if in pending (10:05) RK : Short NF 10725 SL 10750 for 10695
10:19 RK : Manish yes..
10:19 RK : as long as win rate is higher this RR is best what we can expect for intra trades
10:20 Manish : thnx rk
10:20 Uttam : green band in NF in both Dec & Jan
10:23 Uttam : 4L
10:23 Uttam : greens
10:23 Uttam : in Jan OF
10:23 Uttam : 3L here at vwap
10:23 Ashish null : uttam please post 30 minute chart link in general channel
10:24 Uttam : posted Ashish
10:25 Ashish null : thanks man
10:25 Uttam : 🙂 welcome
10:26 Uttam : 10755 is the previous week low & vwap also there now
10:26 Uttam : so needs to sustain above it for any upside
10:27 Uttam : 10767-10790 morning singles
10:33 RK : test
10:33 Kathir : pass with distinction
10:33 TP : pass
10:33 Jitender : pass with honors
10:33 Jitender : 🙂
10:34 Jitender : Manish..tis is Rk’s 2nd week of gvng calls…its not easy gvng live calls….m very sure once time progress(es)…the r/r wud significantly improve
10:36 RK : what improvement needed?
10:37 TP : For intra even 1;1 is ok , 50% winners , 25% scratched at breakeven or monr profit and 25% minor or full loss .
10:37 RK : with such high volatile days high win rate is imp as long as RR dont go below 1:1
10:37 TP : yes
10:38 Jitender : it was a gen comment..considering yr immense skill Rk…i guess u took it in the wrong spirit
10:39 RK : no Jit..I just asked in the sense like what RR would be considered as improvement for intra..nothing taken wrong
10:40 TP : I think most of us who are doing intra for long have win rate of more that 65% , strictly ID.
10:40 Jitender : Rk..just copy my comment…n lets discuss tis is in March…u wud be running on a 0.81 : 1.5+ RR on avg ten
10:40 RK : my goal is simple than any other booking context.if we make even 10-15% of the day range consistently then we are in elite club..thats my aim with capital preservation as main focus
10:40 Manish : thnx jit, tp, rk. Trying to understand how to do position sizing with this R:R.
10:40 RK : *bookish context
10:46 Uttam : Jan day COT is 7L green so far
10:47 Uttam : Dec just below 2L
10:47 Uttam : USDINR making new highs
10:50 Uttam : BNF has made that C period extension so need to see if D follows it up
10:50 Uttam : poor lows in NF at 10725 so far
10:51 Prudhvi : anything big happening in PE’s?
10:51 RK : Long BNf above 26825 for 26900 SL 26750
10:55 RK : agree Tej..this is min criteria if you are playing with 1:1 rule (10:40) TP : I think most of us who are doing intra for long have win rate of more that 65% , strictly ID.
10:55 RK : yes Jit..once Dec is over we may be getting sm good moves (10:40) Jitender : Rk..just copy my comment…n lets discuss tis is in March…u wud be running on a 0.81 : 1.5+ RR on avg ten
10:56 RK : am having sm issues with my both internet connections today..pls bear with delays for queries if any
10:57 Jitender : its inbuilt in yr trading thought process…Rk, u r a thinkn system trader…who wudn’t stagnate on a flat line….but rather seek progression in a upward curve
10:58 Jitender : one of the resons of my mtm is not only setup..but also the kind of setup enry & exit..m doing
10:58 RK : yes +1
10:58 Jitender : n it works awesum on the positional a/c
10:59 Manish : jit, you mean your ROI on positional is > ID ?
10:59 Jitender : not yet 🙂
10:59 Jitender : n have opened a third a/c in Sept
10:59 Manish : but is that what you wish/desire ?
10:59 Jitender : were m running a diff trade strategy…..114% return on tat
11:00 Jitender : oh yes…with nf weeklies..lookn fwd to it
11:00 Jitender : (10:59) Manish : but is that what you wish/desire ?
11:00 Jitender : Nov (10:59) Jitender : n have opened a third a/c in Sept
11:02 Manish : 11:00 Jitender : oh yes…with nf weeklies..lookn fwd to it; you can leverage MP concepts on NF weeklies better than BNF weeklies ?
11:02 Jitender : subjective….but certainly more reaction time
11:03 Manish : ok
11:03 Boppanna : BNF 16k stuck at the lows will start sweating if BNF can sustain IBL
11:04 Jitender : My ID screen..if it helps..did DT sumtime back https://vtrender.slack.com/archives/C0F2VRTPW/p1545629664000400
11:04 Jitender : no carryover position
11:06 TP : Jit don;t you think with increase in margin and now NF weeklies is all a ploy to ensure that retail ends up only buying these lotteries/options.
11:06 Jitender : as V Kohli says…let the bat do the talkn..for genuine traders..mtm is all the talkn reqd
11:06 Jitender : no Tej
11:06 Jitender : with margin tey r forcing it to
11:07 Jitender : but like in politics…with regime change..things change
11:08 Manish : jit, is that mtm for 6 different sessions ?
11:08 TP : Let’s see , i think the major impact would be lower weekly ranges in nf also …..bn most of the time Suyog’s range is around 300 points on expiry day .
11:08 Jitender : k
11:09 Jitender : Manish…didnt get yr q?
11:09 Manish : your ID screen, is that MTM for 6 days each ?
11:10 Jitender : no..just fr 2day
11:10 Manish : ok. thnx
11:11 Kathir : uttam bnf call writers bit strong today ? need your views
11:12 Manish : tp, can you ignore the NF weeklies and only do the monthlies ? Like in USA they have weeklies for all tickers but the main expiry day is 3rd Friday of each month.
11:16 TP : Manish depends on the liquidity , with weeklies for ID it is cheaper to play with DITM options.
11:16 Kathir : @ RK NF vwap ,last week low , dvah all in that 10750-60 ?
11:17 RK : yes..
11:17 Manish : ok thnx tp
11:21 RK : slow and dry mkt now
11:21 Kathir : and getting rejected thrice from that MB low 10755 also NF
11:22 RK : close the trade at 26820 (10:51) RK : Long BNf above 26825 for 26900 SL 26750
11:23 RK : not even able to tag VWAP BNF post new swing low..so If E failing to do that job then IBL swipe might happen again
11:24 Boppanna : Above 840 could have been a quick 40 but could n’t get that push
11:24 RK : contra trades against trend need to be done quick..too much waiting is risky
11:24 RK : yes Bop thats right..above 830-840 band was easy job upside
11:26 Jitender : 2mrw is holiday..
11:26 RK : yes most probably today is the last day for any vol if it wants to resume
11:26 RK : from Wed onwards dud
11:34 Kathir : 15k buyer at lows bnf ?
11:43 Vivek : nothing is happening, just premium eating
11:55 RK : Long NF 10735 SL 10710 for 10755
11:56 RK : BNF also looking good for VWAP swipe at 26860 here
11:57 RK : and can stretch to 26900
11:57 RK : with invalidation at 26750
11:58 RK : just betting on b profile till G period
12:00 Vivek : R:R is 25:20 points, is it worth the try?
12:00 MJ : Good morning Gents.
12:01 MJ : RK nice morning trades.
12:01 RK : can take here at 10730 Vinay if missed
12:01 MJ : I traded too.
12:01 RK : good MJ
12:03 MJ : RK any rollover special observation from Tape context when getting into 1:1 RR trades?
12:03 RK : no MIhir skip LLT during expiry week
12:04 RK : I mean I skip them
12:04 RK : it would be noise and create lot of confusion with views
12:04 MJ : Trade based on profile and context.
12:05 RK : you need good charts on screens like how Shai see them in big screen both current and next month OF..which I dont have..so will skip them
12:06 MJ : Got it. Thanks RK.
12:21 Jitender : Kathir..watch vix ?
12:21 Jitender : watchn
12:23 Kathir : yes jit
12:23 Kathir : didnt go to negative much
12:23 Jitender : keep n eye..mite spark
12:23 Kathir : sure
12:23 RK : good rollover happning in this first session
12:24 MJ : Yes Rk.
12:25 Gaurav : yes, used to happen on wednesdays mostly
12:25 Gaurav : christmas/NY effect
12:25 MJ : That Algo guy also came today Gaurav.
12:25 MJ : My friend 😉
12:25 Gaurav : yups
12:25 Gaurav : flat for this month as told you
12:25 MJ : Yes. 🙂
12:26 MJ : Nice reading there Gaurav.
12:26 MJ : Reference point served as good short/long when price was away from the RO point. Also OTM system helped take those trades.
12:27 MJ : One quick move to RO point can come RK?
12:27 RK : RO point?
12:27 Jitender : AG long
12:27 Gaurav : rollover point
12:28 MJ : Rollover Point.
12:28 MJ : At charts it is at 10860ish.
12:28 RK : ok..as of now 10860 looks lesser chance..10755 sustain whichever side can set trend for today later
12:29 MJ : +1
12:29 RK : or can just end within IB range if b gets stabilised
12:32 RK : done (11:56) RK : BNF also looking good for VWAP swipe at 26860 here
12:32 MJ : Aye aye RK.
12:32 MJ : merry christmas 🙂
12:32 Dhaval : good 1 RK
12:33 MJ : Neat trade that one was.
12:33 MJ : 815 to 865 done 🙂
12:33 RK : Book full at 10754 (11:55) RK : Long NF 10735 SL 10710 for 10755
12:34 MJ : All trios of Dec.
12:34 MJ : ID traders.
12:34 RK : nicely done (11:57) RK : and can stretch to 26900
12:35 MJ : RK 🙂 Tussi ho awesome.
12:35 MJ : PWL tag done.
12:35 RK : they did this swipe and moved to original obj of 26900 (11:23) RK : not even able to tag VWAP BNF post new swing low..so If E failing to do that job then IBL swipe might happen again
12:36 RK : in E period that swipe was
12:37 MJ : Get me DHI.
12:37 RK : Vinay in sm setups SL is not based on RR..its based on high conviction setups to make sure stops wont be eaten up..as I said b profile was the bet I wanted to have sm decent away stop to avoid stop triggers in any spike..(12:00) Vivek : R:R is 25:20 points, is it worth the try?
12:40 RK : dont chase longs here
12:41 MJ : Don’t chase longs. Don’t fade without confirmation.
12:41 RK : yes
12:42 RK : on P profiles dont short at lows before 1 pm and b profiles dont add longs at highs before 1 pm
12:42 RK : if you are doing so then atleast make sure you are seeing conversion of bell from p or b before getting into such chasing..you may miss sm good trades but mostly you will lose
12:43 RK : if you chase
12:43 MJ : Gems RK.
12:43 MJ : 🙂
12:45 RK : 26875/10755 zone for bulls to defend and make this as bell profile else move down again
12:45 RK : slowly
12:45 MJ : 760 and 870 needs to be held.
12:45 MJ : haha Rk 🙂
12:45 RK : +1
12:45 MJ : almost same timing.
12:46 Abhijit null : RK sm setup?
12:46 RK : sm=some
12:47 Abhijit null : ok thanks
12:47 MJ : Added 27892.
12:47 MJ : Get POC++
12:48 MJ : These are references Where I load ces (12:47) MJ : Added 27892.
12:49 MJ : many might think It din’t even come 🙂
12:58 Jitender : low tested of IB n held (10:03) Jitender : 3 ib setup in bth on watch
12:58 Jitender : 2.02 DT
12:58 MJ : Jitttttt.
12:58 MJ : Super 🙂
12:59 MJ : never cease to amaze.
12:59 MJ : Congratulations.
12:59 MJ : 1.5 par hu.
12:59 MJ : Started 30 min late.
12:59 Jitender : +1
12:59 MJ : POC ++ dedo.
13:00 RK : upto 27020 fair expectation if you are bullish and above that need sm great effort
13:00 MJ : Question to the room. Any place where we can see ATM +_ 4 5 strikes together with its ohlc levels?
13:01 RK : thats where final extn of the Friday sitting
13:02 Uttam : probable FA in NF at 10722
13:02 RK : BNF too
13:02 RK : thats better FA than NF
13:03 Uttam : BNF price stayed below IBL for more than 30mins RK
13:03 RK : yes just checked..ignore it
13:03 Uttam : 🙂
13:04 RK : NF I would call it poor low than FA
13:04 RK : just about 1 TPO
13:06 Uttam : hmm yes & looks like both going to make a bell today?
13:09 RK : testing dVAL looks higher probability Uttam
13:09 RK : let I and J show the conviction
13:10 Uttam : yes RK but rejection there means upper part of pfoile could get filled up till close?
13:10 RK : my comments are being posted with a delay..tks to my internet
13:10 Uttam : no issues RK guess the internet issue has been spreading all over India now
13:11 Uttam : I also got a back up BSNL broadband as Airtel giving frequent issues
13:15 MJ : Uttam in blr there are no good local broadband guys?
13:16 Uttam : Airtel has been the best Mihir & have been using it from last 15 years but off late service is getting bad
13:16 MJ : Ah okay.
13:16 MJ : At a virtual office that we sit out of in blr has airtel and is getting bad.
13:26 TP : looks likes bots noted them well …….(12:45) RK : 26875/10755 zone for bulls to defend and make this as bell profile else move down again
13:26 RK : yes me too wondering
13:26 MJ : Pure pure MP.
13:26 MJ : 🙂
13:26 MJ : TP.
13:27 MJ : bots also following RK.
13:27 RK : no trade zone now
13:27 MJ : Yeah above 790 can go 824ish
13:27 Uttam : (10:26) Uttam : 10755 is the previous week low & vwap also there now(10:26) Uttam : so needs to sustain above it for any upside
13:27 MJ : below 755 short.
13:27 Uttam : morning resistance now sup
13:28 MJ : RK your NTZ will be?
13:28 Uttam : 1055-10790?
13:29 Uttam : 10755*
13:29 MJ : Cool same same.
13:29 RK : Short NF 10765 for 10730 SL 10790
13:34 MJ : Loads of 0’s in bnf footprint
13:37 Manish : MJ : Loads of 0’s in bnf footprint; you mean the 5 min OF chart ?
13:37 MJ : Yes Manish.
13:37 MJ : Less liquidity.
13:37 Manish : ok thnx
13:40 Praneeth : Hi All
13:40 Praneeth : usdinr at DL
13:41 MJ : 27150?
13:41 MJ : Giving anyone?
13:41 Uttam : yes Praneeth
13:42 MJ : Only after 27020 touch.
13:43 MJ : Go up slow slow NF. Don’t spike here.
13:43 Praneeth : 70 had good buying on friday..lets see if it holds
13:43 MJ : Spike down is welcome.
13:43 TP : Uttam TD working ok on AMI?
13:46 Uttam : yes Tej though I just have spot Nifty & BN on Ami along with Vix & those 3 working fine
13:48 TP : ok , mine is very slow maybe too many tick charts.
13:49 Porus : is 83k geen in NF RO ?
13:50 Porus : or getting stuck?
13:50 MJ : Yes Porus.
13:50 MJ : Rollover.
13:55 RK : Keep full exit at 10743 and move SL to 10780 now (13:29) RK : Short NF 10765 for 10730 SL 10790
13:56 Uttam : dPOC moving higher in NF
13:57 Uttam : from 10742 to 10756 now
14:00 MJ : came down 746 Uttam.
14:00 Uttam : watch on the profile chart
14:01 MJ : ok i was seeing on footprint
14:03 Uttam : big volumes ocming here in NF
14:03 Uttam : 2.3L
14:03 Uttam : red in both Dec & Jan
14:05 RK : 10743 booked full (13:55) RK : Keep full exit at 10743 and move SL to 10780 now (13:29) RK : Short NF 10765 for 10730 SL 10790
14:05 Azmath : RK _/\_
14:05 Uttam : lovely RK 🙂
14:05 Kathir : +100
14:05 Vivek : excellent stuff
14:05 MJ : That was a poetic trade.
14:05 MJ : 🙂
14:05 RK : they came to threaten our stop and luckily saved by 1 TPO 🙂
14:06 Uttam : yes RK +1
14:06 TP : bots ensured it 😉
14:06 MJ : I can’t get over this trade RK.
14:06 MJ : Amafuckingzing.
14:07 RK : MJ have to move on..good or bad but a single trade is just like 1 process in a long journey 🙂
14:07 MJ : I am all empty to admire and make notes.
14:07 MJ : AZ 🙂
14:08 RK : just exit based on dPOC hit..just kept sm buffer..if they are into bell here then as Uttam asked one move back to 770 kind not ruled out
14:08 RK : *that exit
14:09 MJ : 247k and 122k reds in jan.
14:10 RK : after trend day and lower value today staying at lows by close means Wed first session could show us sm move down
14:10 RK : if they move above IBH and closing at high means chop till expiry..
14:12 MJ : Nice two way auction thus far.
14:13 MJ : 743 to 757 done.
14:13 MJ : 1430 can be brutal today?
14:19 RK : BNF top getting thick..need to reduce weight by slipping to dVAL
14:21 Boppanna : Holding 950 can get there RK?
14:22 Kathir : RK 16k pe did not break IB low 🙂
14:22 Kathir : 26k pe
14:22 Uttam : USDINR reversing Praneeth?
14:23 RK : yes Bop 940-950 good invalidation
14:24 Uttam : BNF going for 26766 in a spike down close today?
14:24 Boppanna : U mean 27kpe Kathir?
14:24 RK : Bop 840 is good zone for part book if you are already in
14:25 Dhaval : 890-860 done BNF
14:25 Kathir : 26k pe bop
14:25 Dhaval : tx RK
14:25 Boppanna : oh my 🙂
14:25 Boppanna : thx RK
14:26 RK : low gone NF (12:40) RK : dont chase longs here
14:27 RK : 12.40 candle was day high
14:27 MJ : Invalidation and juicy short. Booked half at 721(12:45) MJ : 760 and 870 needs to be held.
14:28 MJ : Shai’s 690 coming
14:28 Uttam : (09:58) Uttam : 10733 was extension handle & low exactly there for now in NF(09:58) Uttam : below that we can go for the first ext handle of 10708
14:29 Uttam : (10:27) Uttam : 10767-10790 morning singles…this held on
14:29 RK : done (14:19) RK : BNF top getting thick..need to reduce weight by slipping to dVAL
14:29 MJ : +1
14:29 TP : +100
14:29 Uttam : (14:24) Uttam : BNF going for 26766 in a spike down close today?
14:29 MJ : 770 get it.
14:30 MJ : Lovely!!!! (13:43) MJ : Spike down is welcome.
14:31 Jitender : Ag long here..very +ve on mkts
14:32 TP : 🙂
14:33 RK : high active zone this is
14:33 RK : 690-710
14:33 RK : need to be cautious
14:33 RK : breaking 690 means all day inventory longs will scream
14:33 Jitender : oh sweet lord…awesum day
14:33 Jitender : 4.4x done
14:34 MJ : Congratulations J.
14:34 TP : +1 Jit
14:34 Jitender : merry merry xmas everyone 🙂
14:34 Boppanna : Somrbody push that 266600pe beyond 80 for 5 min
14:34 Jitender : tx guys
14:34 Jitender : yday POC–perfect rejection
14:34 MJ : Bopp trying.
14:34 MJ : 🙂
14:35 Jitender : ho ho ho !
14:35 MJ : Series POC rejection too.
14:35 MJ : 🙂
14:35 MJ : Wonderful day.
14:35 MJ : 770 done 🙂
14:35 MJ : 20k bnf lows.
14:35 MJ : green.
14:35 Jitender : got 90 poiints on 26.9ce
14:35 MJ : Encash greens.
14:36 Jitender : 0k at lows–bnf
14:36 Jitender : 20k
14:37 Jitender : clocking out guys…adios n c u wed
14:37 Praneeth : +1 jit.. enjoy ur holidays
14:37 MJ : Jit have a nice holiday.
14:37 MJ : See you in new year.
14:37 Praneeth : pls share screenshot eod if possible.. 🙂
14:37 Praneeth : *again
14:37 Jitender : 🙂
14:38 Jitender : tc guys
14:38 MJ : Fast and furious. (14:28) MJ : Shai’s 690 coming
14:38 RK : that tail in auction now from 12/12 irrational day
14:39 RK : 655
14:44 Kathir : bye jit. enjoy
14:52 Uttam : (14:24) Uttam : BNF going for 26766 in a spike down close today? not in a spike but target hit
14:55 Boppanna : Sustain below 750 waterfall Uttam BNF?
14:56 RK : Bop 26690 visible there managing risk is issue now
14:56 Boppanna : yep looks like a 3pm if happpens
14:57 Uttam : yes 26728-697 sup in BNF
14:57 Uttam : plus we have ext handle at 26665
14:58 Uttam : 26830 now res in BNF RK?
14:58 Uttam : hvn there today
14:58 Praneeth : crude oil @DL
14:59 RK : below 690 it was easy move towards 665/650 but I have avoided it as we have already got 50% of the day range..so didnt want to ruin the profit made for the day
14:59 Uttam : +1 RK & BNF stll a bell so can move towards 26850 also towards close?
14:59 RK : 850 retest one possibilty there Uttam
14:59 RK : if fails to close at lows now
14:59 Uttam : 🙂 same pinch RK
14:59 RK : 🙂
15:00 Uttam : NF has an ext handle at 10722
15:01 Uttam : dpoc in BNF shifting to around 26821?
15:01 MJ : Making its presence felt (14:35) MJ : 20k bnf lows.
15:02 Uttam : 14k red at that dpoc of 26821
15:02 MJ : Yes uttam.
15:02 MJ : Don’t know if rolls at all.
15:02 Uttam : IBL also that is today
15:03 Uttam : and looks like new reference for the week
15:03 MJ : 14k at top looks like.
15:03 Uttam : BNF ready to spike lower?
15:08 Uttam : NF does exact 2 IB
15:12 MJ : Uttam quite mechanical that reference?
15:13 Uttam : BNF for 26820 close looks lik
15:14 MJ : Nice trade though at the vwap low band.
15:14 Uttam : so 2nd consecutive lowest quadrant close in both
15:15 RK : 10650 Island obj for NF below 10925 done almost
15:15 RK : swing
15:15 MJ : Below 925 🙂
15:15 MJ : Booked some swing RK.
15:15 MJ : Thank you.
15:17 Uttam : (15:15) RK : 10650 Island obj for NF below 10925 done almost…so next few days only small range & balance in NF RK and low volumes?
15:17 RK : extended obj at 10590 which completely repairs that irregular strucure
15:18 RK : if we scale above 10735 Wed then yes sm balance till settlement
15:18 MJ : 590 is where OTM should be today.
15:18 MJ : 27DEC2018: 10600 , 1.026 , 104710531JAN2019: 10701 , 1.333 , 285654
15:18 RK : where is max pain as of now?
15:19 MJ : 10700 nf
15:19 RK : ok
15:19 MJ : 26800 bnf
15:19 RK : cool..so all back to normal now
15:19 Uttam : yes RK 10740 hvn today
15:19 Uttam : so that will decide what kind of expiry we could have
15:19 RK : yes
15:20 Uttam : (15:13) Uttam : BNF for 26820 close looks lik
15:20 RK : if that accepts means we could expire between 700-850
15:20 RK : else 600-750
15:20 RK : Wed -Thu move that is
15:20 Uttam : so wednesday onwards need to track PCR of 750/850/650
15:20 Uttam : also
15:20 RK : yes
15:21 RK : US mkts open today?
15:21 MJ : Closed tomorrow RK.
15:21 RK : yes
15:22 MJ : 5xer. Today.
15:22 RK : so today they desperately look for santa to show sm mercy?
15:22 MJ : See you in the new year team.
15:22 MJ : Wonderful 2018.
15:22 MJ : Have a merry christmas and a lovely last week.
15:22 MJ : Bye RK Uttam.
15:23 RK : bye
15:23 Kathir : bye mihir. merry christmas and happy new year all
15:23 Uttam : have a wonderful time off Mihir & Merry Xmas & Happy New Year to you in advance
15:23 RK : Uttam I hope we have company in the room next 3 days 🙂
15:23 RK : WEd-Fri
15:23 Uttam : lol RK
15:23 RK : I have postponed my trip to end of the year
15:23 MJ : I will try logging from remote boys. 🙂
15:23 RK : will be here Wed-Fri
15:23 Uttam : else it will be only we both playing antakshari
15:23 TP : Santa arrives on 26th …….(15:22) RK : so today they desperately look for santa to show sm mercy?
15:23 MJ : 😛
15:24 RK : Tej Hope Santa showers some gifts to us too
15:24 Uttam : oh cool RK will surely give you company in the room till Friday
15:24 TP : even i am there guys 🙂
15:24 Uttam : yes Tej, when you are there we can be sure of some volumes at least 🙂
15:24 RK : good..Tej himself is enough for commitments to lift the price
15:25 Uttam : perfect RK 🙂
15:25 TP : hope bots haven’t read this 😉
15:25 Uttam : bots also on xmas holiday
15:26 TP : good
15:28 Boppanna : Happy holidays for the vacation fellas…will be here as well
15:28 Uttam : nice Bops 🙂
15:29 TP : Bye All.
15:29 Uttam : thanks All 🙂 and have a lovely evening
15:29 Kathir : Thanks and bye all. merry x mas guys
15:29 Uttam : Merry XMas to All & catch up on Wednesday
15:31 Dhaval : Merry Xmas!! Catch ual on Wed

Order Flow charts dated 24th Dec