Month: December 2018

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