Year: 2018

Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.

Order Flow is the most transparent way to trade and takes away the guesswork from decision making.

NF

BNF


Room Chat

08:55 Vtrender Live : (08:54) Vtrender Live: options screen- https://join.me/289-074-855
(08:54) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/804718725

09:16 RK : (09:15) RK : Long NF 10962 for 11000 SL 10930

09:29 RK : (09:28) RK : Part book 10980 and move to cost (09:15) RK : Long NF 10962 for 11000 SL 10930

09:30 RK : (09:30) RK : book full 10978 (09:28) RK : Part book 10980 and move to cost (09:15) RK : Long NF 10962 for 11000 SL 10930

11:04 RK : (11:04) RK : Long 50%25 NF 10840 SL 10814 obj open as of now

11:22 RK : (11:22) RK : Keep exit at 10860 and move SL to cost (11:04) RK : Long 50%25 NF 10840 SL 10814 obj open as of now

11:31 RK : (11:30) RK : 10860 done trade booked (11:22) RK : Keep exit at 10860 and move SL to cost (11:04) RK : Long 50%25 NF 10840 SL 10814 obj open as of now

12:40 RK : (12:40) RK : Keep NF short below 10848 for 10800 SL 10878

13:22 RK : (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878

13:28 RK : (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878

13:34 RK : (13:34) RK : part booked at 10831 now hold with SL at cost 10848 for 10800 (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878

13:56 RK : (13:56) RK : Book full 10813 (13:34) RK : part booked at 10831 now hold with SL at cost 10848 for 10800 (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878


08:54 Vtrender Live : options screen- https://join.me/289-074-855
08:54 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/804718725
08:59 Shai : GM all
08:59 Shai : https://vtrender.in/market-profile-analysis-dated-20th-dec/
09:01 Shai : 10942 ref line for the open this morning
09:01 Shai : 27225 in the BNF
09:02 Shai : neutral extreme in the NF profile yesterday with a C failure at 10891 just at the extension handle of 18/12
09:02 Shai : last 45 mins spike was 10036 to 10991 in NF
09:03 Shai : was 27261 to 27371 in BNF
09:03 Shai : these would also serve as ref guides for the auction in IB today
09:03 Ashish : GM all
09:04 Uttam : Good Morning All 🙂
09:05 Vinay : GM all
09:07 Kathir : GM Shai all
09:08 Manish : gm everyone
09:08 Jitender : Gm Folks 🙂
09:09 Vinay : gm..shai..ashish…kathir..uttam..jit..manish..
09:10 Jitender : Gm Vinay
09:10 Vinay : folks a newbie input..never leave options to expiry if in profit..i did not know..about the STT…what was a 6rs loss in a spread in BNF ended up being 10-11 cause of that…
09:10 Vinay : am sure everyone here knows..but jusr for the other newbies
09:12 RK : GM Shai and all
09:13 Kathir : yes vinay.
09:13 Vinay : good morning RK…good luckfor the day
09:15 RK : Long NF 10962 for 11000 SL 10930
09:19 Shai : +1
09:19 Shai : Yes Vinay if you had mentioned it yesterday we would have suggesred a clsoe
09:20 Vinay : Shai never knew abut it..till i calculated and about 6rs stop resulted in a 12-13 rs loss and then found out the hard way…
09:20 MJ : Good morning everyone.
09:20 Manish : vinay, can you please explain on slack ? thnx
09:21 R Goel : vinay I guess this is for in the money BN options only
09:21 MJ : Shai ES_F had fun evening 🙂
09:21 R Goel : I had some 27400CE short there was no issue since it was 0
09:22 Vinay : yes RG…it was a long short strangle..so i had 27100 CE and 27300 PE both which were ITM..though a net loss..as i had paid a 206rs premiium for 200rs spread and left to exipry
09:22 R Goel : okay
09:22 Shai : Yes MJ . They keep the fun closed and locked for themselves
09:23 Subhodeep : good morning shai
09:23 Subhodeep : good morning ladies and gentlement
09:24 Vinay : gm Subho
09:24 Subhodeep : hi vinay
09:24 Vinay : RK was that trade based on reject from yest VAH even with the gap down in IB ?
09:28 Uttam : BN Spot above ysterday hihgs
09:28 RK : Part book 10980 and move to cost (09:15) RK : Long NF 10962 for 11000 SL 10930
09:28 Uttam : +1 RK
09:29 RK : yes Vinay
09:29 Boppanna : +1 RK
09:30 RK : book full 10978 (09:28) RK : Part book 10980 and move to cost (09:15) RK : Long NF 10962 for 11000 SL 10930
09:31 RK : smthing better to start the day on such against book move kind of days
09:31 Jitender : +1
09:31 Jitender : is tat 23k red in bnf ?
09:31 Uttam : yes Jit
09:31 Jitender : tx
09:31 Uttam : 22320
09:31 RK : yday lower value bell after gap down closing at day high above prev POC was one of the odd days
09:32 RK : as Jit said smwhere in Slack smthing is there under the sleeve which we do not know yet..cat can come out anytime
09:34 RK : for the day 10935 is ref..we can see sm good imbalance below that esp if happens post IB
09:34 Vinay : brilliant RK…instinctive and spontaneous..my third trade here and finally made money..after two SL yesterday with BNF..thanks RK
09:35 Vinay : I noticed the rejection from VAH too..but as a newbie was indecisive about what to do..this is where experience trumps just observational and theoretical learning..
09:37 MJ : Shai vol band on 30 min absent today?
09:37 MJ : for NF.
09:38 RK : reason for making quick exit is OAIR and pink bands at top..so might pullback to VWAP and it did
09:38 MJ : RK what I admire is that real quick entry within the IB range 🙂
09:38 RK : and pink band had company from BNF 23K too..so they are in sync means more confirmation
09:39 Boppanna : Can’t get accurate that ..Today hypos *BNF hypos for next session**a) The auction can test 27400 for inventory**b) 27255 is again a support*
09:42 Vinay : RK hustling with knowledge is an art….
09:42 Vinay : congrats….
09:43 RK : best way to learn is after some days of observation just start executing with sm small size atleast with your observed setups..unless you are in you could not get the gist quick (09:35) Vinay : I noticed the rejection from VAH too..but as a newbie was indecisive about what to do..this is where experience trumps just observational and theoretical learning..
09:44 RK : and post execution journal it and after a year or two you will have almost everything you needed from your journal
09:44 Uttam : NF for 80% here
09:45 Vinay : nice RK
09:46 Shai : +1 RK
09:47 Shai : keep a note pad handy or even use the one from the laptop, jot down big numbers etc whoich you see evertytime. handy to keep taking notes all the time
09:47 RK : tks Shai..
09:48 Shai : added MJ. Thanks for looking that up
09:49 MJ : Thanks Shai.
09:49 Shai : usdinr again dropping
09:49 Shai : that is keeping the bears away
09:49 Shai : now below 70
09:50 RK : ES broken that 2470 Shai
09:50 RK : so 2350 kind possible there or you are seeing any Santa rally towards 2530?
09:50 RK : that would decide our expiry I think
09:51 Subhodeep : rk what is es?
09:52 Shai : I think RK yesterday’s low is secured for now
09:52 Shai : in ES
09:52 RK : S&P 500 Subhodeep
09:52 Subhodeep : tks
09:53 RK : Fine Shai..seems Varun was all night busy to mark some excess there 🙂
09:53 RK : I read his tweets today
09:53 Vinay : Uttam looks like you are going to get your VAL move you mentioned in notes yest..
09:54 Uttam : 10941 yPOC first & then VAL Binay
09:54 Uttam : Vinay*
09:56 MJ : to the T.
09:56 MJ : Uttam.
09:56 Sumit : 50 k green
09:56 Vinay : wow what COTS at ypoc
09:57 Vinay : I guess vwlow will be defended
09:57 Sudheer null : why pink for 48k buyer any change in charts?
09:58 Shai : okay will have to check Varun’s handle then
09:58 Shai : we all have to request him to mark the market profile tweets differently 🙂
09:59 Sudheer null : yeah shai he tweets so many other things :p
09:59 Sudheer null : difficult to identify market tweets
10:00 RK : this zone should be held else NF in trouble for the day
10:00 Shai : that 52k guy came off quick
10:00 Uttam : A period singles at top in yesterays spike in NF
10:00 MJ : 21k support actor.
10:00 Subhodeep : a positive cot and a red bar should the inference be shorts covered from the highs and then waiting for further confirmations?
10:00 MJ : might pull it off.
10:01 Subhodeep : hi mj gd mrng
10:01 MJ : Giving up spike is going to be fun.
10:01 MJ : Good morning S.
10:01 Vinay : What you mean Shai…came of quick..does that mean at an unexpected place..too e arly to buy or short cover?
10:01 Jitender : AG shrt
10:01 Uttam : that 10929 is that TPO POC in NF so giving sup here
10:02 MJ : 380 to 295 thank you 23k reds. 🙂
10:02 Uttam : gone so now for 10909
10:02 Sumit : nyc was that reds
10:04 Shai : @vinay most of these 40- 60 k guys are intra . They are smart and quick also. They give up position if not working
10:05 Shai : haven’t seen a lot of rigidity with these guys
10:05 Sudheer null : yDPOC 27275 in bnf will provide some support
10:05 Vinay : Shai…so does that mean…he has gone long at possibly the wrong time..or covered shorts..rather quickly..
10:05 Sudheer null : ?
10:05 Shai : either you bend or you break
10:05 Jitender : (15:26) RK : MJ below 10925 swing sell tmw for 10700 kind for me
10:05 Vinay : wow Jit…nice pick there…
10:06 Shai : B break is late todat but has volumes
10:06 MJ : Jit. Short in nf 979 ish 🙂 swing wis.e
10:06 Shai : we need D to confirm lower today
10:06 Shai : 10820 is there
10:06 Jitender : bnf at day lows
10:06 Uttam : (09:44) Uttam : NF for 80% here…10 more points to do for NF to complete 80%
10:06 Jitender : 23k red zindabad
10:07 RK : this was the best trade that could happen but by the time and the way price reached there it was too stretched from day high so your RR is bad to enter..have to give a skip when in doubt (09:34) RK : for the day 10935 is ref..we can see sm good imbalance below that esp if happens post IB
10:07 RK : large IB now
10:07 Shai : looking for shorts near 10946 again?
10:07 MJ : +1 Shai
10:08 MJ : above that 941 ref.
10:08 RK : yes Shai lets see if we get any OF clue if we get a pullback
10:08 RK : I think this would do 10900 kind before getting that pullback
10:08 Vinay : looks like rollover vols..little i have seen..i mean the COTS..
10:08 Boppanna : 210 in BNF may be
10:09 RK : yes 240-200 probe
10:09 Uttam : yes RK test of that ext handle will be nice
10:09 Uttam : (09:54) Uttam : 10941 yPOC first & then VAL Binay
10:10 Uttam : 10909 done
10:10 Uttam : full 80%
10:10 Boppanna : +1 Uttam was a clean move
10:10 Shai : nice
10:10 Uttam : (10:02) Uttam : gone so now for 10909
10:11 Shai : and RK pulled out a long for us from this tape today and that too at 9.15 🙂
10:11 Shai : cheers RK
10:11 MJ : Exactly Shai.
10:11 Shai : and exit to the dot also
10:11 MJ : I don’t need coffee. I will stay up on that trade.
10:11 RK : yeah sensed the exhaustion quickly
10:11 Uttam : it was a nice distribution so good chance
10:11 MJ : The part book was my swing short. 🙂
10:11 Shai : trifecta here
10:12 Shai : exhaustion of 5 min sellers
10:12 MJ : 45k
10:12 MJ : sucking up. and I am out.
10:12 MJ : 979 – 917
10:12 Uttam : NF seems to be leaving an ext handle at 10950 levels
10:13 RK : 10900 is big wall for the day..lets see how it develops now between VWAP and this 10900
10:13 Uttam : 10953 to be exact
10:15 RK : NF b tpo = yday entire value
10:15 MJ : 10884 cometh?
10:16 Uttam : 10866 in spot is a vpoc so that coming
10:17 Uttam : 10887 in NF
10:17 Kathir : mihit got 6 in nf low
10:18 Kathir : 10883 mihir
10:18 RK : alright big day 🙂
10:18 Shai : no liquidity
10:18 MJ : boom boom.
10:18 Shai : C extended
10:19 MJ : Louuuveeee thi.
10:19 MJ : this.
10:19 Shai : job of the bear is just begun
10:19 Jitender : 925-870 done nf 🙂
10:19 Boppanna : finally
10:19 MJ : RK thanks for the hypo yeterday 🙂
10:19 RK : crucical level breaking in NF
10:19 Shai : yes
10:19 MJ : Going strong.
10:19 Shai : 820 next one
10:19 Uttam : 10867 pull back los
10:20 RK : vol just spiked here huge
10:20 Uttam : (10:00) Uttam : A period singles at top in yesterays spike in NF
10:21 MJ : Bad exit 🙁 (10:12) MJ : sucking up. and I am out.(10:12) MJ : 979 – 917
10:22 Boppanna : comeon BNF time for u as well
10:22 RK : Jit no Fax to LIC today?
10:22 Praneeth : usdinr approaching yesterdays low..
10:23 MJ : Another clean hypo Below spike (09:02) Shai : last 45 mins spike was 10936 to 10991 in NF
10:23 Uttam : 10833 next vpoc in spot and below it 1077
10:24 Subhodeep : this present 5 min candle in the of chart cot has a +ve value yet the candle red …
10:24 RK : big boys day for sure
10:24 Subhodeep : covnerse to the yesterday green cnadle with high negative cot
10:24 Subhodeep : how does one infer this rk,shai?
10:24 RK : sm liquidation for sm reason from sm big desks
10:24 Sumit : thanks again 23 k reds
10:24 Jitender : wattaday wattaday
10:24 Jitender : kulhad out
10:25 Subhodeep : sould i read it as responsive buying at those levels?
10:25 Uttam : (10:12) Uttam : NF seems to be leaving an ext handle at 10950 levels
10:26 Ashish : Last two 5 minute candle COT is huge
10:26 Shai : 10890 is the liquidity issue
10:26 Vinay : Guys what does gioing down with such high COTS mean
10:26 Kathir : mihir 11k pe low at open was 78 = 6 which did not break
10:27 Uttam : (10:26) Shai : 10890 is the liquidity issue yesterday’s Fa there so now we can be on for 10773
10:27 Jitender : C extn…watch its hi & low
10:27 Vinay : into last weeeks value..Uttam… or not yet?
10:28 MJ : Fax has reached i guess.
10:28 Subhodeep : @mj vol wise could we already call it an abv avg vol day ?
10:28 Uttam : singles in NF from 10916-10953
10:28 Shai : 10890- 900 should resist
10:28 MJ : Yes.
10:28 Shai : big greens at lows
10:28 MJ : Shai small zoom in 30 min if possible?
10:28 Shai : bear of B fails if that is not protected
10:29 Uttam : last weeks VAH at 10866 Vinay where we had that pull back low also early this week
10:29 Boppanna : Shai BNF any big greens ?
10:29 Shai : no bopp
10:29 Uttam : 10818 will be big level in NF
10:30 Boppanna : thx
10:30 Uttam : 10835 earlier FA
10:30 Shai : guys there greens in 5 mins are still small compared to the reds we have above 10940 from 2 days
10:30 Shai : don’t get swept away by 5 mins
10:30 Shai : cot was big red at close yetserday
10:31 Dhaval : 98K GREEN?
10:31 Gaurav : 90 k green and red botj
10:31 Shai : yes big guys now in
10:31 RK : quite a imbalance it is and you need high level of balance to trade today
10:31 MJ : Shai rollovers now started?
10:31 MJ : Or moderate?
10:31 RK : *balance of mind
10:31 MJ : 1L at bottom. red and green both.
10:32 Boppanna : RK 🙂
10:32 MJ : LIC asked for DLO = 20
10:33 Jitender : AG made money
10:34 RK : yes
10:34 RK : we exactly now stopped at 18th VAL and below this we have 2days bell for another quick 30 points
10:35 Boppanna : BNF sustain below 110 ..950 possible?
10:36 RK : yes 27050 kind is sup and below that another 100+
10:36 MJ : Easy peasy below 100
10:36 Dhaval : HOS:Nitish wud leave BJP alliance
10:36 RK : any CNBC flash to help the markets?
10:37 RK : if smthing comes up today then you can assure that Anuj got one hell of inside info always to make his calls right
10:37 Shai : was he short?
10:37 RK : no long
10:37 Shai : we are at weekly lows here
10:38 RK : what I mean is he called for big move
10:38 RK : so if this mkt has to be bought then we can expect sm flash news from his side
10:38 RK : if he get the msg from the top
10:39 RK : quite a big vol now..50lacs
10:39 MJ : Bid ask jumping like crazy.
10:39 Jitender : Anuj is on leave tis week beginning
10:39 RK : yes
10:41 RK : no balance yet in 5min bars
10:43 Vinay : Rk rollovers by FIIs before Christmas…
10:43 Subhodeep : jit do the recos on such shows have any values do the ppl own up to their recos?
10:43 Subhodeep : i havent seen till the time i used to watch the tv hoping fo rinsight s
10:45 Gaurav : can we add Jan charts on 30 minute screen
10:45 Gaurav : some of these could be early rollovers as we are on T-5
10:45 Shai : sure will add
10:52 MJ : 840 to 864 (10:32) MJ : LIC asked for DLO = 20
10:52 MJ : done
10:53 Uttam : Shai view on USD-INR now?
10:57 Jitender : 27110-27160 range
10:58 RK : BNf seems looking good today than NF
10:58 Shai : D about to extend
11:03 Jitender : C & D lows same
11:04 RK : Long 50% NF 10840 SL 10814 obj open as of now
11:04 MJ : YAY! Thanks RK.
11:04 MJ : were you waiting for retest of the greens?
11:05 Jitender : (10:27) Jitender : C extn…watch its hi & low (11:03) Jitender : C & D lows same
11:06 Jitender : guys..go with low vols..whole day is left
11:06 Jitender : have risk management…dont loose money
11:06 Jitender : aas mkt will mve fast
11:06 Kathir : +1 jit
11:07 MJ : +1 Jit.
11:07 MJ : 25% size after DT 🙂
11:08 MJ : RK does an elongated profile usually repair with another one in the reverse direction?
11:08 Sunder : A lot of greens in NF but not in BNF. How does that play out
11:08 Shai : 10 points off actually C low is 10834
11:08 Shai : D is 10825
11:09 MJ : Yes jit D is 10825.05
11:09 Boppanna : Nifty Spot fighting it out the Outside day low reference of 18/12
11:09 Jitender : i was talkn bnf
11:09 Shai : oh yes
11:10 Shai : anything lower today below D pushes us lower in the 14/12 balance in NF
11:10 Shai : should be an easy ride there
11:10 Shai : else a sell better near 10890 now
11:11 Sumit : what about bnf ?
11:11 Shai : Nifty Dec charts are at – https://join.me/289-074-855
11:11 Shai : BNF does not have any rolls or volumes
11:11 Jitender : had put pointers here…did only one nf trade..rest bnf…(09:31) Jitender : is tat 23k red in bnf ?(10:05) Jitender : (15:26) RK : MJ below 10925 swing sell tmw for 10700 kind for me
11:12 Shai : +1
11:12 MJ : Jit you are getting better with age.
11:12 MJ : 😛
11:13 Jitender : u mean old is gold MJ
11:13 MJ : You aren’t gold.
11:13 MJ : You are better than that.
11:13 Jitender : austin powers kind 🙂
11:13 MJ : 🙂
11:13 Shai : BNF has a 100 point drop below C lows waiting for POC 26967
11:14 Shai : actually was expecting this 27070 yesterday till BNF did that stoppping at 27225
11:14 Boppanna : +1 SHai
11:15 Shai : that’s why settlement day moves are awkward and make no sense
11:15 Shai : but we are back o track today
11:15 Shai : when NF comes in every thursday we will have to declare thursday the holy one 😉
11:16 Kathir : shai worry is NF also will do like this if weeklies come 🙂
11:16 Jitender : mkts gv n take money from u in multiple ways n logic…..find yr method in tis madness, cut noise, learn,improvise & grow
11:16 Jitender : Kathir..weeklies will b awesum..just wait
11:16 Jitender : will make life easier..i
11:17 Kathir : hoping so jit 🙂
11:17 Shai : I say NSE should move monthly expiry also to last Friday and get this weekly thing going every Friday
11:17 Shai : we all need a break after expiry
11:17 Jitender : agree
11:17 Subhodeep : +@
11:17 Subhodeep : +2
11:17 Kathir : +100 shai
11:18 Jitender : time fr a cuppa
11:18 MJ : It is a method to clear up the mess on friday and do loads of adjustment.
11:18 Kathir : wonder who found this thursday setlment idea ?
11:19 MJ : Kathir some bania.
11:19 MJ : or munim ji.
11:19 MJ : in nse.
11:19 MJ : who was used to do jugaard in ledger books.
11:20 Subhodeep : mj man for all seasons 🙂
11:20 Subhodeep : man for all reasons:)
11:21 MJ : If settlement is on friday. High chances that on monday you can’t do adjustment if global responds the other way.
11:21 MJ : S 🙂
11:22 RK : Keep exit at 10860 and move SL to cost (11:04) RK : Long 50% NF 10840 SL 10814 obj open as of now
11:28 Uttam : RK NF does 2IB too early in the day so over extended on the downside so that trade here?
11:29 MJ : Thanks for asking. I am seeking the context too.
11:30 RK : Uttam and Mihir yes inventory was too short for me esp when D fails to make big extn below majr weekly low ref..so quick scalp to see E gets that pullback close to D high holding D low filter
11:30 RK : 10860 done trade booked (11:22) RK : Keep exit at 10860 and move SL to cost (11:04) RK : Long 50% NF 10840 SL 10814 obj open as of now
11:31 Shai : +1
11:31 Subhodeep : +1
11:31 Shai : D high is 864
11:31 Shai : some balance
11:32 Shai : which means we can still make it lower later
11:32 RK : MJ yes stretched profiles would repair back but mostly via balance and not via imabalnce..if you see again imbalance in prev imbalance then expect there will be balance later in that zone (11:08) MJ : RK does an elongated profile usually repair with another one in the reverse direction?
11:32 RK : yes Shai..one tf still on
11:33 Shai : 2 60 min bars today wipe out 4 sessions of upmove 🙂
11:33 RK : probelm with such profile to go short is any time big inventory pullback can come in
11:33 Shai : 2 of 60 min*
11:33 RK : so if we miss it early then have to wait for smbalance to join the trend else risk is very high
11:34 Uttam : +1 RK thanks
11:34 MJ : Thank you RK.
11:35 MJ : Inventory gettign caught off guard is the best sign of attack by the opposite camp.
11:35 Uttam : singles right at that wVAH of 10866 now in NF
11:36 RK : this is very thick vol cluster now..870-830..so focus now is another extn down or this is accumulation
11:36 RK : and if we get that answer right then another 20 point trade we could get before close..till we find that answer wait and watch
11:36 RK : the grind
11:37 Kathir : now 10875- 10785 resi RK ?
11:37 Kathir : 875-885
11:38 RK : 865-880 is res now
11:38 Kathir : ok
11:38 RK : such profile shouldnt even go close to VWAP before 1.30
11:38 RK : pm
11:42 MJ : RK/Shai market moving on really low vol. Signs of being illiquid?
11:45 MJ : Aiiyo 28k reds. Y U Do this?
11:45 MJ : Nicely we were going down.
11:47 MJ : Greens in bnf.
11:47 MJ : 5360 red nice scalper visible with 5600 cover in green side.
11:47 Shai : still balancing MJ
11:48 Shai : auction in D
11:48 MJ : Yes Shai.
11:51 MJ : Very weird bottom for bnf
11:51 MJ : she needs to do something here.
11:52 Sudheer : COT huge +ve here in BNF
11:52 MJ : Small ces playing for extension touch.
11:52 MJ : Lets see.
11:52 Sudheer : same here
11:52 Sudheer : but literally no PE writers today on option table
11:52 MJ : dpoc first booking zone.
11:52 Boppanna : @MJ 10:36 RK : yes 27050 kind is sup and below that another 100+
11:53 MJ : Bopp 🙂
11:53 MJ : Playing that with OF.
11:56 MJ : someone wake motabhai if you want to even give vwap touch.
11:56 MJ : Message for bots.
11:57 Sudheer : are some of them in our trading room 😛
11:57 Jitender : 26950 ?
11:57 MJ : Ask RK.
11:57 MJ : and TP 🙂
11:58 Boppanna : BNF we would have wanted that morning MB touch
12:01 MJ : We are getting turbulence kinda drops a lot today.
12:04 Uttam : Shai usdinr can get back to 70.33 & 70.42 today/tom?
12:05 Jitender : Uttam..u have started dabbling in usdinr weeklies ?
12:09 Shai : no 70.17 may resist today
12:09 Shai : looks to be 70.0.17 for now
12:09 Shai : but may shify around 4 pm for weekly close
12:10 Shai : back to spike lows below 69.97
12:11 Praneeth : brent at 54.6 .. silver line for rupee..
12:11 Praneeth : and may support bnf also
12:12 Praneeth : shai, any view on crude price?
12:13 Praneeth : is it headed towards 50?
12:13 Sudheer : can this be treated as stop hunt in BNF
12:13 Sudheer : ?
12:14 Sudheer : boughrt BNF at 27043
12:15 Shai : No praneeth I don’t have data for crude
12:15 Sudheer : stop of 27018
12:15 Praneeth : ok, np shai
12:17 Sudheer : quick 30 points in BNF
12:17 Sudheer : out
12:18 Vinay : Sudheer ..congrats
12:19 Sudheer : 50% trailed to 260
12:19 Sudheer : objective 27140
12:20 MJ : Jit someone has let the dii tap loose?
12:21 Jitender : who else
12:21 MJ : 😉
12:22 Shai : sellers are losing the opp here again
12:22 MJ : They need a pep talk.
12:22 Shai : could mean we fly above 10890 yo see if they are still eager to sell
12:22 MJ : Or may be Dr. Pepper.
12:23 Shai : for now poor job by sellers
12:23 MJ : Told suyog 10900 close today.
12:23 MJ : Lets see if he gives. 😛
12:23 RK : yes G is threating to stop one time frame
12:23 RK : thretening
12:24 RK : threatening #oh my
12:25 MJ : Warming up. (11:56) MJ : someone wake motabhai if you want to even give vwap touch.
12:25 MJ : Je bat.
12:25 Subhodeep : mj you siding with the bulls ? 🙂
12:26 MJ : I have no side Shubhodeep.
12:26 Shai : MJ takes a cut from everone 🙂
12:26 MJ : Yes shai.
12:26 MJ : Thats me.
12:26 Sudheer : booked fully at 130 now
12:26 Sudheer : BNF
12:26 Shai : bulls, bears and the pigs also
12:26 MJ : I am an observer. Pray every day that don’t give me bias.
12:27 Boppanna : that 89k fella
12:27 Shai : 80 k buyer gets 35
12:27 MJ : MJ gets 35 tooo.
12:27 Shai : perfect
12:27 MJ : I worked very hard and multiple capital bust moment to reach here.
12:28 MJ : Bias and greed were two reasons.
12:28 MJ : Trying everyday to cut it off.
12:28 Shai : absolutely man. You deserve all of it
12:28 MJ : /\
12:28 MJ : all learning here shai.
12:29 MJ : Thanks for keeping me in your guidance.
12:29 Vinay : MJ..humbling to hear….power to you
12:29 MJ : Thanks Vinay.
12:30 Sudheer : hatsoff MJ
12:30 Sudheer : want to be like you in future
12:30 Sudheer : ofcourse with less capital bust instances
12:31 MJ : Sudheer. Learner still. Better people here to be like 🙂
12:31 MJ : RK early 2ib gives so many scalping opportunities.
12:32 Santhanam : MJ looks like my story 🙂
12:32 MJ : 60 above dhl.
12:32 MJ : pdl**
12:32 MJ : bnf.
12:33 MJ : Maruti time now.
12:33 MJ : Can see cash buying across? Anyone can confirm?
12:33 Sudheer : now PDL weakness in BNF
12:34 Sudheer : ?
12:35 MJ : Yes sudheer need to take it out.
12:40 Boppanna : One scare is exempted I hope 11:38 RK : such profile shouldnt even go close to VWAP before 1.30
12:40 RK : Keep NF short below 10848 for 10800 SL 10878
12:46 RK : Bop yes..back to vwap means move to IBL and more
12:48 Sudheer : BNF booked again from 130 to 100
12:49 MJ : Nice one Sudheer.
12:49 MJ : Congrats.
12:51 Sudheer : thanks MJ
12:51 Sudheer : now deciding level for BNF here if it wants to go higher
12:51 Sudheer : but no MP reference here
12:58 MJ : RK major stocks too trying to attempt vwap and being sent back 🙂
12:58 MJ : nice insight that one.
12:58 MJ : On a day like this.
13:00 Sudheer : shorted 50% again here at 123
13:04 Sudheer : exited shorts at 110
13:06 Shai : should do 10820
13:06 Shai : ncie RS that was at 10862
13:07 MJ : 64k in 30 min Shai?
13:07 Shai : yeah built over 30
13:09 Uttam : thanks for the USD-INR levels Shai 🙂
13:10 Sudheer : any higher references at 189-90 in BNF
13:10 Sudheer : which can prove as resistance
13:10 MJ : Sudheer 220 ext handle
13:10 Uttam : @Jit my Relationship manager keeps calling me & asks me to do USDINR so was just checking with the levels & plan to observe the charts here on
13:11 Sudheer : ok .. thanks uttam
13:11 MJ : val + c period singles.
13:11 Uttam : that was Mihir you need to thank Sudheer 🙂
13:11 MJ : Ek hi hai Uttam 🙂
13:12 Sudheer : yeah uttam … thanks mihir perfect zone there
13:12 Sudheer : and yesterday’s VAl too
13:13 Sudheer : if we hold 100 now that would be a good retest now into the trap window of 1.45 -2.00
13:14 MJ : Sweat to the morning dip buyers will cause this to go back to RO point Shai?
13:17 Jitender : (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:18 Sudheer : (13:13) Sudheer : if we hold 100 now that would be a good retest now into the trap window of 1.45 -2.00
13:18 Sudheer : this candle will tell if we are holding 100
13:20 Jitender : +1 Sudheer
13:20 Sudheer : we are holding 100 i guess
13:20 Sudheer : and we will tag 170-80 now
13:22 RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:22 Jitender : wont exit at cost b more prudent here
13:23 Jitender : I not extendn
13:23 MJ : Jit for what trade?
13:23 MJ : NF?
13:23 Jitender : nf shrt
13:23 MJ : Ok
13:25 Praneeth : usdinr spiking at DH
13:27 Uttam : yes Praneeth 🙂
13:28 Praneeth : yes, right now at shai’s level
13:28 Praneeth : bnf to 970 now?
13:28 RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:28 Jitender : +1
13:29 RK : allowing I period to play fully Jit
13:29 Jitender : sure….
13:29 Sudheer : now day lows again
13:29 RK : If this is trend day then G did whip of one time frame H inside and I doing lower low
13:30 Jitender : yeah..was tryn to b cautious with 1.30 open
13:30 MJ : RK delivers 🙂 15:24 RK : value lower > POC tested > higher close > action packed Friday ahead
13:31 MJ : Jit spx steady?
13:32 Jitender : 2579 on watch else steady
13:32 MJ : thanks
13:34 RK : part booked at 10831 now hold with SL at cost 10848 for 10800 (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:34 Boppanna : +1 RK
13:34 Shai : +1
13:34 Shai : break it into the old balance of 14 guys
13:34 MJ : What a lovely trade area.
13:35 MJ : Congrats RK.
13:35 Shai : 10764 close will be sweet
13:35 RK : it was bit late entry MJ
13:35 MJ : Oh okay Rk. But still RR was managed well.
13:36 RK : as I said first pullback below VWAP was always good RR trade
13:36 RK : on trend day
13:36 Shai : 10826 is that 78k guy
13:37 Shai : yes always
13:37 Shai : would have actually liked to swipe out a few abv vwap considering it was balancing at 3 day lows
13:38 RK : might happen above 850 now
13:38 RK : may be if J holds the day highs
13:38 MJ : Shai enough time for your wish.
13:39 RK : J could be decider for the close today
13:41 RK : Bop you need to commit big time here with BNF
13:41 Boppanna : Come BNF enough of being left out dont wait until 2:30 gamble
13:41 RK : 🙂
13:41 RK : timing
13:41 Boppanna : 🙂
13:42 RK : its just hanging on thread here around 2IB and we have weak low now at last week high..you need to push it down
13:42 MJ : Today when I saw round figure opens in both nf bnf. I thought some locha is there.
13:43 MJ : And nicely served that was.
13:43 Boppanna : Jit not pushing BNF feels like
13:43 Praneeth : usdinr upmove reversed from shai’s level 70.185
13:44 MJ : Yeah bopp. Need J power.
13:44 Jitender : no pos BoP
13:44 Jitender : watchn
13:44 MJ : There you go.
13:44 RK : J starts here
13:44 Jitender : made enuff today to speculate
13:44 Jitender : not
13:46 Jitender : 2479 spx
13:46 Jitender : yday mid noon low
13:47 Uttam : first time traded in USDINR options 🙂 and booked at Shai’s levels
13:47 Jitender : congo Uttam..more power to u
13:48 Jitender : Shai is superlative in usdinr
13:48 Uttam : thanks Jit, it makes sense to track that chart also on daily basis as both NF & BNF are aligned to it
13:48 Uttam : yep Shai’s levels have always been awesome in USDINR so did not wait for my broker’s tgt & booked in full
13:49 Jitender : zerodha ?
13:49 MJ : Next time you give him booking levels 😛
13:49 Uttam : broker? way2wealth
13:49 Jitender : cool
13:49 Jitender : ritename fr a wonderful client
13:50 Uttam : lol 🙂 aaj ka leg pulling starts from me kya as your DT done 😉
13:50 Kathir : +1 jit
13:50 Jitender : 2.4x…in good moode n mode
13:50 MJ : At DHI shorts Uttam 🙂
13:50 Jitender : +1 K
13:50 MJ : Aila Jit.
13:50 Praneeth : +1
13:50 MJ : 2.3 here too 🙂
13:51 Jitender : cheers
13:51 Manish : uttam, do you trade usdinr with OF only ?
13:51 MJ : Uttam where you check the chart?
13:51 Uttam : opened an account with trading view to see the charts
13:51 MJ : Gracias patron
13:51 Jitender : Shai…can we request to gv usdinr option calls
13:52 Jitender : with weeklies…good gain awaits..if u help
13:53 Uttam : today got above vwap on 15mins & trending higher & now at Shai’s level showing res
13:53 Uttam : was trending higher
13:53 Praneeth : yes, also usdinr not stt
13:53 Praneeth : *no STT
13:53 Jitender : yup
13:53 Uttam : oh so less brokerage?
13:54 Praneeth : brokerage depends on brokers, but other overhead charges are minimum
13:55 Boppanna : BNF push
13:55 Praneeth : 970
13:55 Uttam : 1L green at 10818
13:55 Shai : liquidity sucked again
13:56 Uttam : SL orders?
13:56 RK : Book full 10813 (13:34) RK : part booked at 10831 now hold with SL at cost 10848 for 10800 (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:56 Uttam : super RK #applause
13:56 Shai : Cheers
13:56 Jitender : +100
13:56 Boppanna : +1 RK
13:56 RK : 10790 possible if sustains below 10840
13:57 RK : I made safe exit for the group
13:57 Shai : unable to come abv 824 means we are lower by close
13:57 MJ : Shai contra can be done? with 1L?
13:57 Kathir : mihir 27k ce low
13:57 Shai : No MJ
13:57 Shai : that is SL
13:57 MJ : Ok thanks.
13:57 Shai : see the zeros above
13:58 MJ : Yes all swipe.
13:58 Shai : when that happens in OF we move lower
13:58 MJ : Okay Thanks.
13:58 RK : If close at lows then another imbalance by IB on MOnday
13:58 Uttam : +1 Shai
14:01 Praneeth : usdinr about to break shai;s level .. moving towards uttams level ?
14:01 MJ : Said yest: 11:07 MJ : Below that at 100 is 52k seller still sitting.
14:01 MJ : Nicely done by him.
14:01 Uttam : 10797 vpoc almost tagged in NF
14:03 Jitender : it broke n gave an ext (13:46) Jitender : 2479 spx(13:46) Jitender : yday mid noon low
14:03 Shai : spot is at dec series dpoc
14:03 Boppanna : Seems BNF put on leash today no quick dumps yet
14:04 Shai : break it and see the fun in put options
14:04 Uttam : 10692 coming in NF?
14:05 Shai : wanting a series close lower
14:06 RK : 10792 (13:56) RK : 10790 possible if sustains below 10840
14:07 RK : now that big spike of 80 points down there below it..already rejected once..so last zone of support around there
14:07 RK : goes means day close at lows
14:07 RK : but any freash trade here after with shorts holds big risk attached to it
14:07 RK : 90 mins to kill
14:08 Shai : yes clean break to 10690 on athin profile
14:08 RK : still the invalidation is 10845 for any shorts
14:08 Shai : 10824 still res
14:08 Uttam : new ext handle also there now in NF Shai
14:09 RK : vwap is way above at 10865
14:11 RK : BNF should brace up now for 100 point move below this low
14:16 Praneeth : 13:28 Praneeth : bnf to 970 now?
14:17 Jitender : 22k green at 26995
14:17 RK : and 50K red in NF
14:17 Boppanna : yep stalling
14:17 MJ : Painfull to give up that big position soon 🙁 (10:06) MJ : Jit. Short in nf 979 ish 🙂 swing wis.e
14:17 RK : BNf looks sm mkt filled agressive longs
14:18 Jitender : awesum M
14:18 MJ : Mixed ID view with swing and exited.
14:18 Jitender : +1
14:18 Praneeth : usdinr also reversed from 35
14:18 MJ : No jit. 917 closed all swing pos.
14:18 MJ : big mistake.
14:18 Jitender : next time
14:18 MJ : Need to learn man.
14:19 RK : getting out at good zone always better Mihir..mkt reverse 90% of the time..rare days this kind..so move on
14:19 MJ : Yes. 🙂
14:19 MJ : Thanks RK.
14:20 RK : we are fighting against big institutions on these days
14:20 Uttam : (12:04) Uttam : Shai usdinr can get back to 70.33 & 70.42 today/tom? USDINR does hgih of 70.36 so far
14:21 Uttam : +1 RK
14:21 Praneeth : +1 uttam
14:21 Praneeth : now to 70?
14:21 Boppanna : lets have a waterfall fingers crossed
14:22 Jitender : -16 (14:03) Jitender : it broke n gave an ext (13:46) Jitender : 2479 spx(13:46) Jitender : yday mid noon low
14:23 Shai : on track still- (13:57) Shai : unable to come abv 824 means we are lower by close
14:23 Uttam : no afternoon pullback today?
14:23 Shai : need this – (13:35) Shai : 10764 close will be sweet
14:23 Shai : but if you guys bring 10690 by 3.20 then drinks on the house today 🙂
14:23 RK : 90 done with almost nil drawdown (14:11) RK : BNF should brace up now for 100 point move below this low
14:24 Uttam : lol very much possible Shai so lets know where to catch up 😉
14:24 RK : 80
14:24 Boppanna : +1 RK again
14:24 RK : we want to have drinks at Goa 🙂
14:24 MJ : Calling Sandesh!
14:24 RK : Bop hope you are running atleast sm size today in BNf..you were the one more enthu with it since open
14:24 Uttam : +100 RK
14:25 Shai : tgting 865 BNF?
14:25 Jitender : had postes 26950..at 11ish
14:25 Jitender : posted
14:25 Uttam : yes Shai below 26926 next level in bnf at 26880-860
14:25 RK : yes Shai 920 3IB..if goes then next obj is 865
14:25 Jitender : lost the comment in reload
14:25 Uttam : @Kathir there?
14:26 Shai : perfect
14:26 Boppanna : Riding 26600pe from 40
14:26 MJ : Tormentor in Chief (09:31) Jitender : is tat 23k red in bnf ?
14:26 Kathir : yes uttam
14:26 Uttam : check BNF low 🙂
14:26 MJ : (10:35) Boppanna : BNF sustain below 110 ..950 possible?(11:57) Jitender : 26950 ?
14:27 RK : super Bop
14:27 Boppanna : +1 Jit
14:27 MJ : Uttam aisa mat karo.
14:27 Kathir : even high also uttam. cconrats man
14:27 Jitender : small mercies BoP in this cruel world 🙂
14:27 Uttam : _/\_ Kathir
14:29 MJ : Last two lower lows uttam @ 6
14:29 Praneeth : brent is at DL
14:29 MJ : Break it please.
14:29 MJ : Done.
14:30 MJ : 10777 back to my number 🙂
14:30 Jitender : time fr a bounce ?
14:30 Praneeth : yes jit
14:30 Uttam : (14:27) MJ : Uttam aisa mat karo…it was not about the total Mihir
14:30 Boppanna : 3IB in BNF
14:30 Uttam : +1 BOps
14:31 RK : 10897 was 5day poc today and we hit it first time after that imbalance to 11K and 1%+ gone
14:32 Shai : 10764 is your number MJ
14:32 Jitender : -18 spx
14:33 RK : another 50 points would meet island obj in BNF..almost there
14:34 Boppanna : 888…Out 14:25 Shai : tgting 865 BNF?
14:34 RK : 10800 first obj and 10650 second obj in Nf for Island
14:34 Jitender : Congo BoP
14:34 RK : +100 Bop
14:34 Praneeth : +1 Bop
14:34 Jitender : had only trade in positional a/c today 27.4ce110-55
14:34 RK : nice ride that was
14:34 MJ : 🙂
14:35 MJ : Shai 🙂
14:35 Shai : real time OrderFlow lesson at 10824 today – (13:55) Shai : liquidity sucked again
14:35 MJ : Bossman thought so. You replied too :)(11:42) MJ : RK/Shai market moving on really low vol. Signs of being illiquid?
14:35 Shai : and earlier at 10890 in C – (10:26) Shai : 10890 is the liquidity issue
14:35 Shai : they serve as resistances
14:36 MJ : Last evening spx was also super illiquid If I can actually draw my learning from OF.
14:36 MJ : Saw it for some time on a friends screen.
14:37 MJ : Oh lord. 60 pt move.
14:37 MJ : in minutes.
14:37 Jitender : (14:35) Shai : real time OrderFlow lesson at 10824 today – (13:55) Shai : liquidity sucked again(14:35) Shai : and earlier at 10890 in C – (10:26) Shai : 10890 is the liquidity issue(14:35) Shai : they serve as resistances
14:37 Jitender : +1
14:37 Jitender : (14:30) Jitender : time fr a bounce ?
14:37 MJ : Ending day with 6.5x.
14:38 MJ : No trades now.
14:38 MJ : Unless rk gives.
14:38 Jitender : 3.2
14:38 Uttam : congrats guys
14:38 Jitender : tx Uttam
14:38 Jitender : Congo to all here
14:38 MJ : Thanks uttam. And J congrats to you too.
14:38 Jitender : awesum stuff by Shai & Rk
14:38 MJ : We hunted like a wolfpack.
14:38 Kathir : congrats jit mihir
14:39 MJ : +1 Jit.
14:39 Jitender : tx K…2 u also
14:39 Uttam : 2L + COT on 20mins
14:40 Uttam : 30mins
14:40 RK : hindsight is if we didnt take that long right at open we could have caught shorts earlier around 10935 break where I said imbalance starts..that long profit gave some complacency to go slow in fast moving mkt 🙂
14:41 Jitender : no regrets..Rk
14:41 Jitender : super debut by u
14:41 Jitender : as long as we r in green
14:41 Santhanam : Rk got the first ball correct and lead to an excellent innings 🙂
14:41 Uttam : 🙂 RK had gone long in 11000pe at open as per plan for positional with SL below yesterday low but when you gave that long call scratched that & later again entered but wxited for intra gains
14:41 RK : no regret at all..just explaining how things can happen to you
14:41 RK : in a fast mkt
14:41 Uttam : yes RK +1
14:42 Uttam : actually that booking at 10985 when you felt exhaustion was a super signal for that pos short
14:42 Jitender : no end to hindsight in mkts
14:42 RK : true
14:42 Jitender : its the present n trades we take..tat count
14:42 Uttam : yes satyavachan Jit
14:43 MJ : RK you da man! 🙂
14:43 MJ : *Sends biryani to your pincode*
14:43 RK : my 2cents esp for you..if you are taking sm trade from your own analysis dont scratch it without a valid invalidation..(14:41) Uttam : 🙂 RK had gone long in 11000pe at open as per plan for positional with SL below yesterday low but when you gave that long call scratched that & later again entered but wxited for intra gains
14:43 Uttam : yes RK lesson learnt
14:43 Shai : one move still to 26875 pending
14:43 RK : let it be my call,Shai call,Jit view whatever it may be but your trade from your analysis should stay till SL or tgt
14:44 Uttam : and in fact that PE was gaining in pemium even as price had stalled
14:44 RK : thats because we spent hours to make plan and execute also properly..but we give up due to noise in live mkt..
14:44 Uttam : +1 RK it had a 2 ay balance at lows 11000pe
14:45 Jitender : beautiful Uttam….lets do it next time 2gether
14:45 Jitender : post it here
14:45 MJ : Yes Uttam. 🙂 will be great.
14:47 Kathir : uttam 11k pe low = 6 also 🙂
14:48 MJ : PCR close to 1.
14:48 Shai : Uttam share it here or on slack . I tell you you get more confidence to keep the trade 🙂
14:48 Shai : plus we all benefit 🙂
14:48 Vinay : 188475 COTS in one bar..
14:49 Shai : yeah those are cover orders at 10764
14:49 MJ : *LIC putting interns to press buy button*
14:50 MJ : This is settling at previous RO point shai? For dec expiry?
14:50 Jitender : tats one of yr blessings Shai (14:48) Shai : Uttam share it here or on slack . I tell you you get more confidence to keep the trade 🙂
14:50 Jitender : putting it out here gives anthr dimension to our thought process
14:50 Shai : Ni close below 10764 means bulls will bounce it to 10860 MOnday – (13:35) Shai : 10764 close will be sweet
14:51 Boppanna : close above Shai?
14:51 Shai : looks like it
14:51 Shai : supplu closed
14:53 Shai : anyone tracking PUT OI 10700, 10800?
14:54 Jitender : 2day sgx will behave 😉
14:55 MJ : Already copying this comment to save future search trouble.
14:56 RK : BNF low = 14th poc
14:57 RK : acceptance below this on Monday opens up another 300 points for it
14:57 RK : and that would match 10700 below in NF
14:58 RK : 27125 and 10840 wide poc now
14:58 RK : from the day
14:59 Uttam : sorry guys got disconnected & yes Jit / Shai / MJ will share these option set ups on slack whenever I find anything good, have just started to view options the MP way else till now it was more of price action
15:00 Kathir : jit vix steady right from open
15:00 Kathir : 15.7 now 9 % up
15:01 Shai : 10694 was also the wide POC of 12/12 but they spiked iy 3rd day in a row up catching players off
15:01 RK : yes
15:01 RK : move back there will settle the score
15:01 Shai : this bear of today would not allow a pass above 10860 now
15:01 Uttam : yes Shai which is why I also had that 10692 on NF
15:01 Jitender : fr yday close K
15:01 Shai : yes we have to move lower
15:01 Jitender : frm
15:02 Kathir : yes jit
15:02 RK : I have marked in my plan “move from 10590 is irrational”
15:02 RK : carrying this info everyday
15:02 Uttam : yes RK & you have told us about it also
15:04 Jitender : lowest qty traded fr such a day…14k+ options
15:05 Uttam : spike close coming?
15:06 Boppanna : Shai’s 764 they heard
15:06 RK : 864
15:06 Jitender : 865 pendn
15:06 Uttam : 3IB in NF needs to be tagged
15:06 Uttam : 10756 😉
15:07 MJ : 22 mins hai uttam aaram se.
15:07 Uttam : 10708 is the first ext handle
15:10 RK : Friday last 3mins profit booking or emotional selling?
15:10 RK : 30mins
15:11 Uttam : looks like profit booking RK considering US can bounce?
15:12 Uttam : or expecting a gap down after this profile?
15:12 Kathir : vix 16
15:12 RK : US on the edge of entering bear mkt..17% down from ATH now
15:12 RK : another 3% officially to call for bear mkt
15:12 Uttam : so do or die day for them
15:13 Uttam : and if they close lower then here also we can fall next week?
15:13 RK : yes Monday morning can be big IB
15:13 Uttam : so will be imp to enter pos at open?
15:14 RK : yes
15:14 Uttam : +1 RK
15:14 Praneeth : uttam, pls check ur slack once u get a chance
15:14 Praneeth : *slack DM
15:15 Boppanna : WIth holidays across globe I think Indian markets will be carrying all the load to help it get in sync until New Year 🙂
15:15 Uttam : hey Praneeth just replied
15:15 Uttam : (15:06) Uttam : 3IB in NF needs to be tagged(15:06) Uttam : 10756 😉
15:16 Uttam : Done
15:16 Shai : Guys I will be taking a break next week to catch up on Christmas festivities and family.
15:16 Uttam : oh yes Shai you deserve it 🙂
15:16 Shai : Enjoy your time here and will be back the following week.
15:17 Uttam : do have a festive time Shai
15:17 Shai : Trade safe .
15:17 Shai : Thank you Uttam
15:17 Jitender : tc Shai n happy festivities
15:17 RK : Merry Xmas Shai
15:17 Shai : Thank you Jit
15:17 Shai : Thank you RK
15:17 Boppanna : Happy Holidays Shai
15:17 Azmath : Merry Xmas Shai
15:17 Shai : Thank you Bopp
15:17 R Goel : Merry xmas Shai. have a great time off with yr family
15:17 Shai : Happy Holidays @all
15:18 Gaurav : have a great time Shai
15:18 Himanshu : Merry Xmas Shai and to your family
15:18 Rajiv : Happy Holidays Shai
15:18 Uttam : NF makes new low only to tag that 3IB I guess
15:18 Shai : Thank you Azmath, RG, Gaurav , Himanshu, Rajiv and everyone . Enjoy the break all of you too.
15:18 Uttam : BNF no where near its lows
15:18 Vinay : Enjoy Shai
15:19 RK : yes BNF diverged
15:19 Shai : Thank you Vinay
15:19 Dhaval : Happy Holidays Shai njoii
15:19 Uttam : RK what a messy bracket now we have 😉
15:19 Shai : Thank you Dhaval
15:19 RK : IF no overnight -ve clues then Monday early trade is 45deg to 10840
15:19 Vinay : Huge COTS now.. 1L+ for monday’s bounc?
15:20 Ashish : Happy Christmas Shai and enjoy your break
15:20 Uttam : yes RK unless carrying positional shorts not good to stay short here right?
15:20 RK : yes..
15:20 RK : 100 point move from this zone either side now
15:20 RK : 80-100
15:21 Shai : Thank you Ashish
15:21 RK : NF
15:21 Uttam : yep will check on which of the options will be best to play that also 🙂
15:21 Shai : yes NF poised wonderfully between 2 manjor VPoc’s
15:21 RK : and btw Suyog got NF almost close to his OTM now
15:21 MJ : Have a good break Shai. You deserve a nice break.
15:21 Uttam : yes RK, that guy has all the power
15:21 Uttam : 3 days to expiry & he is doing his magic
15:22 MJ : He is a wonderful statsman.
15:22 MJ : Kept having conversations with him.
15:23 Uttam : trend day down in both so today’s vwap will be imp leel for remaining of this series
15:23 RK : yes
15:23 Uttam : @Shai will it be possible to have NF Jan OF on JoinMe next week?
15:24 Uttam : dPOC shiting lower in NF RK?
15:25 Shai : yes Uttam
15:25 RK : in Shai charts yes
15:25 Shai : it’s there now
15:25 RK : TPO poc will be still up today
15:25 Uttam : thanks Shai
15:25 Uttam : yes RK +1
15:25 Shai : tpoc poc stil 842
15:26 RK : yes
15:26 Uttam : yep
15:26 Rajiv : Isn’t TPO POC at 10824
15:26 RK : stretched profiles and 45deg always based on TPO poc for me
15:26 Uttam : 10842 Rajiv
15:26 Uttam : 10824 has only 4 tpos
15:26 Uttam : great RK, thanks for this insight 🙂
15:26 Uttam : publish your book man
15:26 Praneeth : shai, pls llet me know if there’s change in usdinr view stayed above vwap for more than 2 hrs
15:26 Rajiv : Got it
15:27 RK : coz there is no meaning for value on stretched days
15:27 Uttam : 27090 in BNF
15:27 Uttam : yes RK so vwap & the TPO POC are levels which can be marked along with the vol POC?
15:27 RK : yes..on high imbalance days
15:28 Uttam : perfect
15:28 Rajiv : TPO POC and the Vwap is the same now any significance
15:29 RK : retest and rej is short Rajiv
15:29 Uttam : good resistance now & if gets above it then bearish picture changes
15:29 Jitender : bye all
15:29 Uttam : else the best place to enter short if gets rejected
15:29 Kathir : bye all
15:29 Rajiv : Great Thanks
15:29 Praneeth : bye all
15:29 Uttam : cheers Jit double khmaba time 🙂
15:29 Uttam : thanks All 🙂 have a lovely weekend
15:30 Jitender : triple 😉
15:30 Shai : Bye all
15:30 Uttam : amen Jit
15:30 Shai : Have a nice evening and a good weekend
15:30 Uttam : have super holidays Shai & do not worry about the room & markets for one week
15:32 Shai : sure Uttam 🙂
15:33 Vinay : bye all


09:39 Ashish : Shai, TCS downside intraday objective
09:52 MJ : Shai Id views for Maruti please. Thanks.
10:16 Santhanam : Mj…went short yesterday and closed today….. looks very weak now
10:16 Santhanam : should have waited 🙁
10:27 MJ : Santhanam was in few puts. Just closed 🙂
10:45 Santhanam : super
10:51 Gaurav : Shai can buy IndiaBull housing finance Dec-Jan?
11:25 Subhodeep : intraday obj for hul cmp 1825 1827
11:25 Subhodeep : shai plz
11:57 Shai : hul still headed lower intra obj now at 1809 sl of 1829
11:58 Shai : 1926 intra onj doenin TCS
11:59 Shai : very slim cahnce it can still do 1914-1912 if the market weakens further. TSL at 10936
12:00 Shai : maruti below 7516 intra obj
12:00 Shai : can move to 7500 is stays below 7516
12:01 MJ : 7616* You mean.
12:01 Shai : 7616 yes
12:04 Shai : india bulls this move can be a good buy. But I think you get better pricing at 815 than here at 834 for Jan that is. dec longs are booking out
12:05 Shai : sl will still be below 800
12:13 Gaurav : thanks shai
12:37 Subhodeep : shai hpcl intra obj?
12:45 Santhanam : Shai…. could the usdinr factor keep the markets going up…just asking?
12:45 Santhanam : could the markets end up higher if it hits say 64?
12:49 Shai : yes that is positive for markets. It is an inverse corelation
12:49 Santhanam : thanks
12:50 Shai : 249 intra obj hpcl
15:01 MJ : Shai: Maruti does 7555ish below 7616 🙂
15:06 Shai : +1

Order Flow charts dated 21st Dec

The key to using Order Flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The Order Flow is like a list of trades and helps to know how other traders are placed in the market.

Vtrender helps you to stay on top of the Market by understanding Order Flow. This increases your flexibility, your data analysis capability and your winning trade signals. And you make your existing systems better.

NF

BNF


Room Chat

10:08 RK : (10:07) RK : Short NF 10945 for 10905 SL 10975

10:15 RK : (10:15) RK : part book at 10925 and move SL to cost and wait for 10905 (10:07) RK : Short NF 10945 for 10905 SL 10975

10:29 RK : (10:28) RK : 10912 book full (10:15) RK : part book at 10925 and move SL to cost and wait for 10905 (10:07) RK : Short NF 10945 for 10905 SL 10975

12:33 RK : (12:33) RK : Short BNF 27265 for 27120 SL 27365

13:23 RK : (13:23) RK : keep part book at 27200 and move SL to 27305 (12:33) RK : Short BNF 27265 for 27120 SL 27365

13:44 RK : (13:44) RK : Buy 10900PE above 62 for 85 SL 50

14:16 RK : (14:16) RK : BNF make exit above this high 27309 (13:23) RK : keep part book at 27200 and move SL to 27305 (12:33) RK : Short BNF 27265 for 27120 SL 27365

14:18 RK : (14:18) RK : BNF stopped (14:16) RK : BNF make exit above this high 27309 (13:23) RK : keep part book at 27200 and move SL to 27305 (12:33) RK : Short BNF 27265 for 27120 SL 27365

15:08 RK : (15:08) RK : stopped (13:44) RK : Buy 10900PE above 62 for 85 SL 50


08:53 Vtrender Live : option charts – https://join.me/891-210-864
08:54 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/768191373
08:57 Shai : GM all
09:01 Shai : https://vtrender.in/market-profile-charts-dated-19th-dec/
09:01 Shai : NF and BNF opening with a gap down today
09:03 Shai : fpcus goes back to the profile of 18/12 with ext handle at 10895 and vpoc of 10867
09:04 Shai : larger role is still held by the cvpoc of 10820 which should be taken back by bears to signal a bigger move down if any
09:04 Shai : move staying below the profile of 19/12 today is however bearish
09:05 Vinay : GM all
09:07 Vijay : GM All
09:09 Manish : gm everyone
09:10 Jitender : Gm Folks 🙂
09:10 Kathir : Gm Shai all.
09:11 Dhaval : Gm all
09:11 TP : GM All.
09:11 RK : GM Shai and all
09:14 Amit : GM all
09:14 RK : larger the gap higher the odds to hold the gap and at the same time risk also higher to initiate trades.
09:17 Shai : going for gap close at 10946
09:20 TP : Twitter full of island reversal guys 🙂
09:20 Shai : 🙂
09:20 RK : Tej we are also in that list right? 🙂
09:21 TP : isecond attempt RK ist was 850 now 950 🙂
09:21 RK : yes..rarely it fails second time lets see
09:22 TP : +1
09:22 Boppanna : Getting in as close to edge of the gap as possible best trade location ?
09:23 RK : Bop +1
09:23 Shai : our list was up there at 3.30 pm close. these guys are at the 9.15 am local
09:23 RK : yes
09:24 Boppanna : +1 Shai
09:24 Manish : RK, congrats !!
09:25 Boppanna : did a quick one 250-210 BNF..below 210 should test 100
09:25 Manish : shai, will rk’s official trades also pop up on screen like yours ?
09:26 Boppanna : yes it did yesterday Manish
09:26 Manish : ok thnx
09:26 Shai : I just responded on slack and you asked here 🙂
09:26 RK : thanks Manish
09:26 Shai : yes. they would
09:27 Manish : thnx shai 🙂
09:27 Manish : so we have one more speaker at the next workshop 🙂
09:30 Boppanna : BNF MB
09:34 Boppanna : Shai buyers in 26100pe ?
09:34 TP : 271 Bop.
09:34 Boppanna : Sorry 27100
09:35 Praneeth : Gm All
09:35 Praneeth : Shai, can u pls let me know ur view on usdinr
09:36 TP : Shai can BN profile be zoomed out a bit.
09:36 Shai : oen buyer in 27100 pe
09:36 TP : tks chief.
09:37 Shai : 38 imp level
09:39 Sudheer null : anyone for 27000?
09:40 Shai : 70.60 was expected in usdinr – swing
09:40 Boppanna : Thnx Shai
09:40 Shai : for now neutral here . bullish abv 70.66 for 70.82 intra
09:41 Shai : else can move to 70.42
09:48 Sumit : some reds coming in nf
09:49 Jayesh : BNF 5 min chart need adjustment pls
09:49 TP : gap closed nf
09:50 RK : BNf too
09:50 TP : 🙂
09:51 Subhodeep : methinks the bank nifty graph of the bnf needs to be adjusted boucing off the screen..
09:51 Subhodeep : 5 min of graph
09:52 Shai : yes thanks. adjusted
09:52 Subhodeep : tyvm
09:52 Jayesh : Thanks Shai
09:52 Shai : 10945 – (09:17) Shai : going for gap close at 10946
09:57 Shai : -55 in COT RS at 10947
09:57 Shai : 10916 support
09:57 Shai : below that we move lower
09:59 Sudheer null : bought nifty 10935
10:00 Jitender : why Sudheer
10:01 Sudheer null : defending dvah
10:01 Sudheer null : weakness that should have been there not visible
10:01 Jitender : put a nearby stop or hedge
10:02 Boppanna : 26100pe not breaking yesterday low get’s back above Shai’s 38 could be the one to watch
10:02 Sudheer null : yeah stop at 923 now
10:02 Vinay : BOP what was yests low
10:03 Boppanna : 26.05
10:04 Vinay : thanks BOP
10:04 Boppanna : BNF need a filter below previous days low can swipe especially on expiry
10:05 Boppanna : I meant BNF weekly options’\
10:05 Vinay : BOP always does…doesnt it…especially when its in play
10:06 Sudheer null : nf trailed to cost
10:06 Jitender : +1
10:07 Sudheer null : half out at 1:1 946
10:07 RK : Short NF 10945 for 10905 SL 10975
10:08 Jitender : +1
10:09 Sudheer null : looking for 965 on the rest in nf
10:09 Porus : RK, a few words on the reason for the trade will help us all learn.
10:09 Sudheer null : stop at cost
10:10 Pradeep : Same here RK, would like to know your reading
10:10 RK : Porus later once trade moves in favorable direction
10:10 RK : yday explained logic for both the trades
10:10 RK : in NF
10:10 RK : and also for the BNF trade
10:12 Porus : ok RK
10:13 TP : Looks like bots just waiting for signals from RK 🙂
10:14 RK : no jinx please until its done 🙂
10:14 Jitender : it will be
10:14 TP : vwap all yours , no jinx.
10:15 RK : part book at 10925 and move SL to cost and wait for 10905 (10:07) RK : Short NF 10945 for 10905 SL 10975
10:15 Boppanna : lips sealed 🙂
10:15 Boppanna : hands sealed
10:16 Sudheer null : superb RK
10:17 Ashish null : RK, are you going to post any positional calls also.
10:18 Jitender : Porus tis (09:57) Shai : -55 in COT RS at 10947 + below Ibh
10:20 Boppanna : Uttam away ?
10:20 RK : ok just wanted to say this yday but forgot..always go for sell below round fig and buy above round fig..in the tune of 0.1 to 0.5 paisa depends on your size..like SL 975 means it should be 975.1 to 975.5 and book 925 means it should be 925.1 to 925.5 like that…
10:21 Jitender : first trade of the day..bnf 295-245…
10:21 RK : ok when coming to context of the trade..larger gap below prev value > buyers under pressure > large IB of more than 50 points so already dip buyers did a job > hit FA of yday and didnt see any greens..if you look at 5min chart post 10947 – 10935 – 10945 swing you can notice its almost buyer dried..so retest of pdl is short there and lucky it got a hit
10:22 Jitender : Shai..spx lvls pls..wen u can..tx
10:22 Manish : rk, because once it hits round figure, it keeps going down or up faster ?
10:23 RK : that will be from Shai Ashish..(10:17) Ashish null: RK, are you going to post any positional calls also.
10:23 Ashish null : ok RK
10:24 Amit : Good learning, thanks rk for explanation
10:24 Jitender : brk 200 in bnf..n fun will start
10:24 Boppanna : +1 Jit
10:25 Manish : how do you find pdl from charts ?
10:25 Sudheer null : will be broken ..expiry call writers dominating to suck out all premiums in calls
10:26 Jitender : 27.1ce 130-99.. n DT done…2 trades
10:26 RK : not sure why but its my observation and it helped many times
10:26 RK : (10:22) Manish : rk, because once it hits round figure, it keeps going down or up faster ?
10:27 Manish : what is the vertical green/blue continous line below E on 12/19 MP ?
10:27 Manish : thnx rk
10:27 Porus : Thanks RK, why the target of 10905? Can explain after it is reached. 🙂
10:27 Jitender : Manish..hez rite..round fig is for retail..pros/algos nvr do round fig
10:27 Manish : thnx jit
10:27 RK : logic is to test morning buyers..so just kept some filter (10:27) Porus : Thanks RK, why the target of 10905? Can explain after it is reached. 🙂
10:27 Porus : ok
10:28 RK : you cant catch full swing so 🙂
10:28 RK : 10912 book full (10:15) RK : part book at 10925 and move SL to cost and wait for 10905 (10:07) RK : Short NF 10945 for 10905 SL 10975
10:29 Jitender : Rk..full confi here on tat call 🙂 (10:14) Jitender : it will be
10:29 RK : alright 10905 done 🙁
10:29 RK : 🙂
10:29 RK : smiley changed
10:29 Boppanna : RK fun still starting in BNF
10:29 Subhodeep : great reasoning on the call rk
10:30 Subhodeep : thx for explaining it step by step
10:30 Shai : prefecto 🙂
10:30 Dhaval : super RK
10:30 RK : Bop shorted 27295 there and closing that too 27200
10:30 Shai : Nice 1 RK
10:30 Shai : -58 cot at vwap again
10:30 RK : thanks Shai
10:31 Shai : so most probably vwap may not cross rest of day
10:31 Manish : rk, thnx a lot for the explanation. learning how to fish is very imp. than just eating the fish 🙂
10:31 Shai : unless we get +50 cot again
10:31 JSingh : An audio beep used to play earlier with a fresh Call on the special banners. Can that be turned On again? Thanks!
10:31 Boppanna : 26100pe swipe below yesterday low and clean trade
10:31 Shai : This was also -55K at 10947 – (09:57) Shai : -55 in COT RS at 10947
10:31 Porus : Do we have an island reversal today so far?
10:31 RK : Bop yes 26095 my first obj for the day later
10:32 Boppanna : +1
10:32 RK : but timing is the kep if you are in options
10:32 RK : key
10:32 Rushabh : damn rk a 1000 points
10:32 RK : *27095
10:32 Boppanna : 🙂
10:33 Jitender : morn buyrs in trouble now
10:35 Boppanna : Shai levels to watch on the upside in that 26100pe
10:38 Kathir : spx – 19
10:39 RK : nice Jit (10:29) Jitender : Rk..full confi here on tat call 🙂 (10:14) Jitender : it will be
10:40 RK : now VWAP key in both all day..
10:40 RK : if you see price auctioning around VWAP then reduce breakout expectation for smtime..it could create balance
10:41 RK : 10868 back to back pullback before a move to 11K..and most stops must be lying below that..so late in the day if you see 10865 going means imbalance it could be on downside
10:41 Himanshu : rk shai still EH of 10895 holds valid ?
10:42 RK : imo no..they are just doing inventory adjustment now..might give up later
10:43 Himanshu : okk
10:47 Amit : RK, i liked your detailed explination in very simplified form. Thanks 🙂
10:47 Vinay : Amit +1
10:47 Vinay : probing acceptance back to DVAL ?
10:48 RK : welcome AMit
10:48 Vinay : for some grind that RK mentioned at vwap?
10:48 Vinay : RK swift rejection from Vwap..could mean fast move back down..?
10:51 RK : Vinay already two imbalance move we had in this 50 point range..so may be balance for sm time and not quick moves again
10:51 RK : it always works in same way in all time frame..Balance > Imbalance > Balance..
10:52 Himanshu : -30 k at vwap
10:52 Jitender : 2day will be an exciting day
10:53 Shai : 894 ext handle has that 33k buyer
10:53 Jitender : (10:41) RK : 10868 back to back pullback before a move to 11K..and most stops must be lying below that..so late in the day if you see 10865 going means imbalance it could be on downside(10:41) Himanshu : rk shai still EH of 10895 holds valid ?(10:42) RK : imo no..they are just doing inventory adjustment now..might give up later
10:53 Jitender : sry
10:53 Jitender : (10:22) Jitender : Shai..spx lvls pls..wen u can..tx
10:54 Jitender : 2018 lows brkn in tat
10:56 Boppanna : RK , BNF did you really need to add that “later” in BNF ? 🙂 10:31 RK : Bop yes 26095 my first obj for the day later
10:56 Manish : on the 30 min shart, there are 3 vwap. what is that ?
10:57 RK : Bop :)..context is AB period large already..
11:01 Jitender : 26970 today ?
11:01 Uttam : Good Morning All 🙂
11:02 Uttam : yes Jit thats the 1ATR down from failed FA of 27271
11:02 Jitender : wc Uttam..u hv been missed
11:02 MJ : Good morning all and Uttam 🙂
11:02 Uttam : had son’s sports day so got late
11:03 Jitender : MJ..hope u had booked positionals..as said yday 🙂
11:03 Jitender : waitn fr 22 point on a 600 point gain…was a no brainer to book
11:03 Uttam : he must have booked at 11k Jit
11:03 Jitender : i doubt
11:04 Manish : on the 30 min chart, there are 3 vwap. what is that ? sorry, am a slow learner.
11:04 Jitender : tats y asked
11:04 Uttam : @Manish those must be vwap bands
11:04 Uttam : middle one is Vwap
11:05 Manish : ok. but middle one is 10916 but on 5 min OF it says 10920
11:05 Jitender : GOI 2 pump in ana dditonal 41k cr in psu banks
11:06 Jitender : may seek Parliament nod today
11:06 MJ : RK 🙂 Just read the chat. But i did 2 trades. 2nd one was pin point reasoning shared by you 🙂 Thank you.
11:06 Shai : take out that 10894 now and we shouild settle at 10816 today
11:06 Gaurav : +1 Shai
11:06 Uttam : +1 Shai
11:07 Himanshu : uttam whats 1ATR from yesterdays FA?
11:07 MJ : Chief and 155 please.
11:07 Gaurav : on the downside
11:07 MJ : Below that at 100 is 52k seller still sitting.
11:07 Uttam : 10828 in NF
11:07 Himanshu : okk thanks
11:07 Gaurav : thanks
11:08 TP : BN expiry range was 330 as pper vix so still around 200 points to go .
11:08 Jitender : ys
11:08 Boppanna : IMO short stop 26100 if can sustain then yes 11:01 Jitender : 26970 today ?
11:09 Uttam : 26974 can come Tej
11:09 Uttam : exact 330
11:09 Uttam : from day high
11:09 Uttam : plus 1atr from ysterday’s FA of 27271
11:09 TP : +1
11:09 MJ : 2ib+30 is Our Suyog’s range 🙂
11:11 MJ : Uttam and kathir please break that 27155 low.
11:11 MJ : Not pleasing to eyes. 😛
11:14 Uttam : gap down and a selling tail so PLR is down in both
11:14 Amit : what will be a good place to enter? (11:09) Uttam : 26974 can come Tej
11:14 MJ : What sport does your kid play Uttam? 🙂 Will be nice to cheer for him…
11:15 Uttam : @Amit break of IBL will be a good trigger
11:15 Amit : ok, thx. thats what i was thinking
11:16 Uttam : Mihir he’s in UKG now so they just had group games for their sports day
11:16 RK : both at vwap
11:16 MJ : Oh nice.
11:16 Uttam : BNF testing those singles
11:16 Uttam : above vwap both can go for yPOC RK?
11:17 MJ : RK. Big shoutout to explain and help us trade. Thank you. Context is so important that we can use it again and again in different scenes.
11:17 RK : ah you are shattering many dreams now
11:17 RK : @Uttam
11:17 RK : back to yPOC means island in jeopardy
11:17 Uttam : lol RK but it has no business to get above vwap right 😉
11:17 Boppanna : That 13K at the bottom is the culprit in BNF 🙁
11:17 Vinay : haha .. RK .. Uttam…
11:18 Kathir : 11:11 MJ : Uttam and kathir please break that 27155 low. – PATIENCE NEEDED
11:18 Uttam : looks like we will be getting a DD
11:19 Vinay : back up on lowe COT (three times lower than on way down..avged..approx0
11:19 Vinay : ..huge ones emerged at PDL
11:19 MJ : Back in pday range anyone?
11:20 Uttam : pink band in NF
11:20 Uttam : BNF above 27271 will be not longer a short I feel
11:21 Uttam : till then can look for that 27k tag today
11:21 Himanshu : till now we have C failure
11:24 MJ : taking it away uttam.
11:24 MJ : Pink band.
11:25 Uttam : 23k green at wrong place?
11:26 MJ : COT high.
11:26 MJ : Nice fight here.
11:26 Shai : @Jit 2470- 2485 is a short term support zone for the leg down
11:26 MJ : to give up dvah or hold.
11:26 Shai : should hold IMO
11:26 Shai : they are selling bounces
11:26 Shai : anything near 2530 would be sold now
11:27 Shai : that 2530 zome plus minus has to be watched as it was broken on inventory control yesterday
11:29 Jitender : tx
11:29 Vinay : after a long time such high COTS at these times…30-40-50ks
11:30 Praneeth : Shai, usdinr at DL
11:30 Shai : Vinay OTF is in
11:31 Sudheer : if one shorted positional at 27180 wat would be their stop .. day high ?
11:31 Shai : the problem again today is locals getting squashed at the C extension
11:31 Sudheer : i’m asking from a stophunt point of view
11:31 Sudheer : will these happen on a trend day?
11:31 Shai : 27275
11:33 Vinay : Thx..Shai..that seems so..with these COTS…
11:33 Uttam : yes OTF making sure there are no weak hands in
11:33 Vinay : nifty cash..showed spike high in preopening of 11100..not sure how much it matters..but just that
11:38 Vinay : Shai…the vol is overlapping on the COTs can you please adjust that
11:39 MJ : @Shai if you put COT next to Delta. I guess the overlap issue should be more or less taken care of.
11:41 Jitender : Kathir…27k pe o=h
11:41 MJ : Jit 😉
11:42 Kathir : yes Jit noted 🙂
11:43 Vinay : what does that indicate Jit/ Kathir…thats the max range for today?
11:44 Uttam : weekly 27k pe Jit?
11:45 Jitender : ys
11:45 MJ : 48.8
11:45 Jitender : beyond it it will signal…26750 today itself
11:45 Jitender : else will shrt it below 40…if it rebounds back from 48
11:45 Uttam : Jit in full papa bear mode today 🙂
11:46 Jitender : nope
11:46 MJ : Jit do you use 20/6 references?
11:46 Jitender : Uttam…we went long into expiry…very hugely long
11:46 Jitender : n event happened…but DII have orders
11:46 Jitender : so all up2 spx bet 12.30-1.30
11:47 Jitender : good money waits..if we r patient
11:47 Uttam : +1 Jit
11:47 Jitender : n quick….:)
11:47 Jitender : MJ…yr ans tere in it also
11:47 Vinay : haha JIt +1
11:47 MJ : Morse code lover ho aap Jit.
11:48 Jitender : lover of many MJ…but none morse
11:48 MJ : I love how nicely you reply to answers. There is an excersise to remember your answer and that becomes memory and sticks to my mind.
11:48 Uttam : (11:25) Uttam : 23k green at wrong place?
11:49 Uttam : gets out below vwap I guess same 23k red there
11:50 Uttam : one last tag of 27230-240 in BNF & then please give a IBL break
11:51 Uttam : we are all set to go lower
11:51 Kathir : Mihir do you have that explaination you gave for 20/6 ref. ?
11:51 MJ : It must be on slack tricks of trade channel. Messages are out from there.
11:51 MJ : Can a backup of that be taken? Some nice gems there.
11:52 Uttam : DD coming?
11:53 MJ : Thud or slomo Uttam? 🙂
12:04 Boppanna : My Staring eyes on RK forBNF 🙂 10:56 Boppanna : RK , BNF did you really need to add that “later” in BNF ? 🙂 10:31 RK : Bop yes 26095 my first obj for the day later
12:05 RK : have most of one TPO to balance below 26190 to get that
12:05 Uttam : 27190 & 27095
12:05 RK : oh my yes
12:05 MJ : vwap grind.
12:06 RK : (10:40) RK : if you see price auctioning around VWAP then reduce breakout expectation for smtime..it could create balance
12:07 MJ : +1 Rk.
12:09 RK : real good time to pick up for lottery today is if you see BNF below 26985..that could give very quick 60 points down..till then it could be on guesses with pumpy ride
12:09 RK : *bumpy
12:11 TP : we don’t want pumpy or bumpy we need a dumpy ride 😉
12:12 RK : we all wish and hence mkt taking contra job 🙂
12:12 MJ : vpoc the magnet.
12:12 RK : as I used to say when its more certain to all the eyes it turns out uncertain
12:12 RK : and vice versa
12:13 Uttam : (11:50) Uttam : one last tag of 27230-240 in BNF & then please give IBL break,…BNF does first part & now for the next step
12:13 TP : CNBC-TV18 newsbreak confirmed; Govt seeks additional Rs 41,000 cr for PSU bank recapitalisation
12:13 TP : Jit any news on this.
12:13 Uttam : nice balance in BNF
12:13 MJ : dvah touch and boom?
12:14 Boppanna : +1 Uttam..now pls do the second half
12:15 Jitender : Tej (11:05) Jitender : GOI 2 pump in ana dditonal 41k cr in psu banks(11:06) Jitender : may seek Parliament nod today
12:15 Jitender : anthr news coming is GOI seekn an additional 85k cr for psu in fy 2019
12:16 Jitender : n tey will say NPAs r created
12:16 Jitender : all being lined up fr loot
12:16 Jitender : or loan waivers
12:16 TP : tks jit .
12:17 Sudheer : 12:30 guys what will they do day high or low?
12:17 TP : doing a good job ….(12:12) RK : we all wish and hence mkt taking contra job 🙂
12:20 Sudheer : Shorted 50% at 265
12:20 Uttam : BNF boom?
12:20 Sudheer : bnf
12:20 MJ : Booom (12:13) MJ : dvah touch and boom?
12:20 Sudheer : looks like stops
12:21 Vinay : looks like IBH and PDL test coming up
12:21 Sudheer : PDL touched in BNF
12:21 Subhodeep : one more test of 10946 now nifty wise??
12:22 MJ : Above pdl more boom boom.
12:22 MJ : need more greens.
12:22 Sudheer : this candle in NF close below 934 then again we go to 910
12:24 Shai : still churning in the spike
12:24 Shai : above 10947 confirms the move to vpoc 10976-85
12:25 MJ : Shai anything big in any ce/pe?
12:26 MJ : 26900 pe
12:26 MJ : ?
12:26 Subhodeep : @shai forgive me for asking this but where do i see or infer the spike from ?
12:26 RK : 18th profile
12:26 Vinay : (12:24) Shai : above 10947 confirms the move to vpoc 10976-85 >>Uttam looks like you will get what you want
12:28 Uttam : 27300ce writers going to get a scare or will they add here?
12:29 MJ : Karo scare Uttam.
12:29 MJ : above 290 they go bang bang.
12:30 Subhodeep : big green rectangles… around and avoce dvah
12:30 Shai : 2 quick announcements
12:30 Shai : 1) we are having a Market Profile bootcamp on Jan 5,6,7 ( online ) in the first week of Jan. This could be a refresher for everyone as we comb through Market Profile to prepare for the year ahead. Also the event would be open to all on the outside but trading room members would get a special discount code . Encourage you to consider taking the refresher as 2019 would be the year of volatility and MP can keep you ahead.
12:31 Shai : It is a 3 day online event
12:31 MJ : Amazing Shai.
12:31 Shai : 2) I have also agreed to speak in Delhi for DJ and his trading carnival , This would be an event on Jan 31 to Feb 03. It would be basic MP nut you guys are too advanced for that now 🙂 . But just putting it out for you before you here it from others , cos you guys are my family.
12:31 MJ : Love you shai.
12:31 Uttam : wow Shai, that sounds awesome 🙂
12:31 MJ : More power to you.
12:31 Azmath : Thankyou Shai
12:32 Gaurav : awesome Shai
12:32 Himanshu : who is DJ?
12:32 MJ : Share more details soon. Will ping all the people who tell me I want to learn MP.
12:32 MJ : Also need of the hour when couple of chartist learn fancy term called MP and are backed by some data+software company to take shit online workshops on MP.
12:33 RK : Short BNF 27265 for 27120 SL 27365
12:34 Subhodeep : mj seems you surveyed the jungle 🙂 thnak god i landed strt here
12:35 MJ : Shubhodeep. Around since 2 summers. In able hands of Shai since his Pune workshop this year in feb.
12:37 Subhodeep : @shai please do share the details of the 3 day online course would look forward to it
12:39 Shai : surelt details out on blog in evening
12:40 Vinay : looks like a good gamma trade in bnf options if BNF falls as per RKs call
12:40 TP : Congrats chief for TC and thanks for keeping the learnings on !!
12:41 Vinay : picked up small qty 27100 PE and 27000 PE no SL..cost is SL..first trade on BNF here guys…
12:41 Shai : +1 TP.
12:43 Uttam : what a nice bell in BNF
12:43 Uttam : all the best Vinay
12:44 Manish : congrats shai. Looking forward to the workshop. Who is DJ ?
12:44 Uttam : DJ has a yearly event called as Traders Carnival
12:44 Uttam : hia name is Dharamraj so in short DJ
12:44 Uttam : his*
12:45 Manish : thnx uttam
12:45 Manish : rk, you are a hat trick for winning trades. Official trades I mean 🙂 For your own trades, you might be on hat trick every day
12:46 Manish : * on a hat trick
12:46 TP : views on 272k combo around 120 …i think might dip to 95 but can give 160.
12:47 Vinay : Uttam..very small…small enough am emotionless to the outcome..but courageous enough to start trading..risk of capital is 0.2R ..so no SL
12:48 Santhanam : Congrats Shai 🙂
12:48 MJ : 46k reds.
12:48 Uttam : 44k red in NF at 10947
12:48 Himanshu : FA confirmed uttam?
12:49 Uttam : yes Himanshu & NF back above that FA of 10946 also
12:49 MJ : Touches almost (11:19) MJ : Back in pday range anyone?
12:49 Subhodeep : touches pday open
12:50 MJ : Earlier longs were out. Now ces allout.
12:50 MJ : when 900 was defended.
12:50 MJ : wonderful day.
12:50 Subhodeep : mj the cande formed in the 5minof shays -73350 as cot and remains a green candle
12:51 Subhodeep : how and what do i read from this
12:51 MJ : Can be. I read is bookings of morning dip buyers.
12:51 MJ : Shai/rk/uttam please guide.
12:52 Subhodeep : is it a logical question ?
12:52 RK : possible MJ
12:52 Vinay : Loos like high for day done…. RK?
12:52 Vinay : *looks
12:53 RK : lets see where we close in next 15mins
12:53 MJ : DHI @Kathir JIT 🙂
12:53 Subhodeep : probably the answer lies and rests there
12:53 Subhodeep : 🙂
12:56 Kathir : ys mihir
12:56 MJ : Shubhodeep. I meant from some other context. High can come.
12:58 Gaurav : 20k seller BNF
12:59 Uttam : 30k green at top in NF
13:00 Uttam : (11:16) Uttam : above vwap both can go for yPOC RK?(11:17) Uttam : lol RK but it has no business to get above vwap right 😉
13:00 Shai : heavy sellers here
13:01 Shai : 10947 illiquid zone is supp
13:01 Shai : -73 came from a 53 k seller who is now upside down- (12:50) Subhodeep : mj the cande formed in the 5minof shays -73350 as cot and remains a green candle
13:02 Uttam : yes Shai this period tail if sustains then we go down again
13:02 Shai : he may have cleated 33 k higher
13:02 Shai : yes test of vpoc expected above 947
13:02 Shai : was*
13:02 Uttam : yes Shai +1
13:07 MJ : KISS! (11:26) MJ : to give up dvah or hold.(12:13) MJ : dvah touch and boom?
13:09 Subhodeep : seems like vijay mallya is being deported to india this very moment, the way sbi is shaping up
13:09 Subhodeep : 🙂
13:10 Pradeep : I dont understand why CNBC keeps playing PSU Bank Recap story entire day. Looks like those anchors are sitting on Long and manipulate
13:10 Subhodeep : Shai : -73 came from a 53 k seller who is now upside down- (12:50) Subhodeep : mj the cande formed in the 5minof shays -73350 as cot and remains a green candle tks shai
13:11 Uttam : he must have made an online trasnfer to pay the dues 😉
13:11 Pradeep : Uttam dont tell that to Latha!
13:11 Subhodeep : latha the rbi guvnr?
13:13 Gaurav : the anchor
13:13 Uttam : shes short on SBI Pradeep 😉
13:14 Pradeep : Along with Shai, she shld speak at TC on how to defy MktProfile with news
13:14 Varun : this 11100 seller holds the key whether h period will fail or not
13:15 RK : its again now tussle between NF and BNF..BNF H closed inside G and IB
13:16 Varun : bnf gives a go first btw
13:16 RK : IfI breaks 260 then move down
13:16 RK : *If I
13:16 Uttam : lets do it RK 🙂
13:17 RK : 260-305 decider zone now
13:17 Varun : bnf shld not go ab ibh now
13:17 Varun : else it fails
13:17 RK : sustaining 280 is good job by bulls..lets see
13:17 Uttam : yes tail at top needs to be retained in both
13:20 Varun : .
13:20 TP : charts stuck
13:21 Varun : charts stuck
13:21 Varun : ?
13:21 Sumit : stuck
13:23 RK : keep part book at 27200 and move SL to 27305 (12:33) RK : Short BNF 27265 for 27120 SL 27365
13:23 Boppanna : push BNF
13:23 Uttam : refreshed & got back so working fine now the charts
13:25 Shai : was stuck actually now back
13:25 Shai : break this 10946 zone here and we have a good noon
13:25 Shai : 17k guy came wrong place
13:30 RK : if he gets exit day low in cards
13:31 Boppanna : one more 17k hmm
13:31 Shai : 927 and day lows
13:31 RK : fast dip possible below 930
13:31 Shai : 195 in BNF
13:31 Sudheer : looks like he will get exit lower
13:44 RK : Buy 10900PE above 62 for 85 SL 50
13:44 Shai : +1
13:48 Sudheer : half out BNF at 220
13:48 Sudheer : thanks RK
13:53 Pradeep : great calls RK. Thanks
13:54 Sudheer : dpoc in BNF at 27230 being defended ?
13:56 Sudheer : exited all shorts at 240
13:56 Santhanam : lookslike writers enjoying till eod
13:56 Praneeth : brent at 55.8
13:56 Praneeth : 55.6
13:57 Sudheer : today’s profile in BNF … there’s only extension to the upside
13:58 Sudheer : no extension to downside .. can this end positive?
13:59 Uttam : spike down can come Sudheer
13:59 Sudheer : oh ok …
13:59 Sudheer : thanks uttam
14:00 Sudheer : but seeing the bulls from past few days .. got a thought in mind if i am missing on something
14:01 Sudheer : option table also says downside
14:02 TP : 44k red at dpoc in nf .
14:03 Praneeth : shai, any fresh view on usdinr, its at 70 again
14:09 Vinay : bought 27100CE + 27300 PE at 206.5 no SL
14:12 Shai : no fresh view but 70 needs a watch . not an intra level
14:12 Shai : there is OTF there
14:14 Praneeth : thanks shai
14:15 Prudhvi : rk bnf exit?
14:16 RK : BNF make exit above this high 27309 (13:23) RK : keep part book at 27200 and move SL to 27305 (12:33) RK : Short BNF 27265 for 27120 SL 27365
14:17 Subhodeep : rk would it be safe to say looking at the day mp that the formation is more like a normal distribution?
14:17 Subhodeep : on the bnfity?
14:17 RK : yes
14:18 RK : BNF stopped (14:16) RK : BNF make exit above this high 27309 (13:23) RK : keep part book at 27200 and move SL to 27305 (12:33) RK : Short BNF 27265 for 27120 SL 27365
14:18 Subhodeep : and rightnow if day highs are made otf will lead the range extension?
14:26 Varun : soem big guns fighting it out
14:26 Varun : most likely will have oeace at pocvwap
14:26 Varun : peace
14:27 Manish : what does pocvwap mean ?
14:27 Manish : i mean between poc and vwap ?
14:32 RK : looks like they want 200PE to go to 0
14:32 RK : thats the only lottery remaining
14:33 Boppanna : can we have 26200pe on the screen Shai
14:34 Subhodeep : bop its 27200 pe you hve been scaring the micky out of me since morning
14:34 Subhodeep : 🙂
14:34 Boppanna : sorry again
14:34 Uttam : we need to get used to that 1000 point move up in BNF in 1 week 😉
14:35 Boppanna : 27200pe 🙂
14:35 Shai : 1st value down today in NF and BNF for the rise of election day
14:35 Subhodeep : re grows strong as well below 70 now
14:36 Uttam : yes Shai, RK’s one of fav set ups setting up its roots
14:36 Shai : ideally one more value down tom and then gun for the unsecured highs of yesterday would be a good auction math
14:36 Varun : @shai doeands upon location of value
14:36 Varun : if lower than today then bears in control
14:36 Sudheer : shorted at 300
14:36 Sudheer : stop of 335
14:36 Varun : if overlapping then bears do a abd job
14:37 Varun : and bulls strike back
14:37 Shai : and no extension
14:37 Uttam : spike still cannot be ruled out today Shai on the downside?
14:37 Varun : watch for k period extn
14:37 Varun : whichever side
14:37 Varun : its inside
14:37 Praneeth : brent 55, had touched 54.7
14:38 Uttam : K has made higher hihg & higher low Varun
14:38 Varun : than i
14:38 Shai : okay K has 6 mins
14:38 Varun : sorry my bad
14:38 Varun : i and j gettin mixed
14:39 Sudheer : iBH Weakness here in bnf
14:39 RK : I was inside and J gone lower and K whipped upside
14:39 Uttam : yes letter seem same those 2 – happens with me also
14:39 Sudheer : looking for new low in bnf
14:40 RK : this profile has all the action of much more to come on down side swing wise..if you get open drive down or gap down then thats straight sell at open and stay all day kind of day
14:40 RK : could be a good imbalance day
14:40 Uttam : +1 RK
14:40 Varun : stop for all shld be 980
14:40 RK : better to have IB again below today poc
14:40 RK : yes yday poc is good stop
14:41 RK : they shut the doors today
14:41 Uttam : yes thats a vpoc now
14:41 Sudheer : dpoc shifted higher ?
14:41 Varun : ideal gap down close will be at dval
14:41 Shai : No RK I have seen these fast IPM’s do one more touch up of old highs
14:41 Uttam : and we have 3-4 vpocs left to be tagged on the downside 😉
14:41 Sudheer : earlier was at 26230
14:41 Shai : if we get value lower then it would make sense to buy a call at close tom
14:41 Shai : of course part 1 is we go lower tom
14:43 Sudheer : half out in BNF at PDL
14:43 Sudheer : 300 to 270
14:43 RK : ok Shai..(14:41) Shai : No RK I have seen these fast IPM’s do one more touch up of old highs
14:43 Sudheer : (14:36) Sudheer : shorted at 300
14:44 Jitender : spx recvrn
14:44 Shai : +1 Sudheer
14:44 Sudheer : stop trailed to 305 now
14:45 Uttam : nice one Sudheer
14:45 Uttam : NF closer at 10925 or spike down RK?
14:45 Uttam : close*
14:47 Porus : what is the market at 10929?
14:47 RK : depends on BNF Uttam
14:47 RK : expiry guys stamina
14:47 Varun : waterfall below vwap
14:47 Sudheer : slowly targeting day low bnf looks like
14:47 Uttam : writers controlling that today?
14:47 Varun : two stuck sellers thr
14:47 Sudheer : this candle will tell
14:48 Uttam : 27220 tag coming in BNF to make nice bell after that anything can happen 😉
14:48 RK : that nwe swing high in BNF sent it back very quick into IB and since then sustaining below IBH
14:48 Sudheer : good support at dpoc
14:48 RK : now focus with NF..all I need is one touch to VWAP 🙂
14:48 Sudheer : now
14:48 Uttam : got a pink band also BNF at that high RK?
14:49 RK : didnt notice
14:53 Jitender : 27.3pe 92-41 done…(14:44) Jitender : spx recvrn
14:54 Subhodeep : news i read i hear sin tax on top of gst…
14:56 Shai : +1 Jit
14:56 Subhodeep : seeing itc and godfrey react to it
14:57 Jitender : tx Shai
14:58 Uttam : dPOC in NF shifted higher to 10942
14:59 MJ : DHI close?
15:00 Sudheer : 26240 would be good
15:00 Uttam : 27240 🙂
15:01 Sudheer : sry
15:01 Sudheer : yeah 27240
15:02 MJ : move away
15:02 MJ : 😛
15:02 Uttam : SL of shorts being taken out looks like?
15:03 Shai : spx about to recover to 2518
15:03 Shai : 2499 now
15:07 MJ : 944 to 965 Part booked (14:59) MJ : DHI close?
15:08 RK : stopped (13:44) RK : Buy 10900PE above 62 for 85 SL 50
15:08 Sudheer : again dpoc close today ?
15:08 Sudheer : or day high
15:09 Uttam : RK does today’s profile means that spike of day before has got accepted & value formed there & now ready for upmove again?
15:09 Himanshu : moreover we have FA at EH
15:09 MJ : Almost there 🙂 (14:59) MJ : DHI close? All out. 10972.85
15:09 Subhodeep : nice mj
15:10 Sudheer : perfect uttam .. was thinking of this balance yesterday but it looks like came today
15:10 RK : Uttam chop again if enters into yday value
15:11 MJ : Woohooooo!
15:11 Uttam : yPOC tagged
15:12 Jitender : 27.3pe 45-19…..post 3.05pm trade
15:12 Jitender : satisfying day
15:12 Jitender : tx 2 PSU banks news+spx
15:12 MJ : Yes Jit.
15:12 MJ : Was away for second half.
15:13 MJ : Just came back at 1445.
15:13 Jitender : had 2 reload ..hence missed my comment in chat here
15:13 MJ : Nicely done.
15:13 MJ : 🙂
15:13 Jitender : spx nvr brk the 12.30 low of its
15:13 MJ : Yes.
15:13 Sudheer : shorted at 340
15:13 Sudheer : stop 355
15:13 MJ : 1230 was the most imp time for spx.
15:13 Jitender : Sudheer…man u r dare devi;
15:13 MJ : Sudheer salam hai.
15:14 MJ : 27450?
15:14 MJ : anyone?
15:14 Subhodeep : not today mj
15:14 Subhodeep : 🙂
15:14 MJ : Okay.
15:14 Sudheer : stopped
15:14 Jitender : Sudheer..dont arbitarily trade on price etc..wen momentum is tere
15:15 Jitender : u will get stopped
15:15 Jitender : wait
15:15 Subhodeep : nifty day highs
15:15 Jitender : fr tide to favour u
15:15 Sudheer : rationale here is 27300ce writing
15:15 Sudheer : that will prevent upside
15:15 Sudheer : but i can take this risk here only bcz i was profitableentire day
15:16 Sudheer : else will avoid these kinda trades
15:16 Jitender : man been here 10+yrs
15:16 Jitender : dont look at option charts oon expiry day
15:16 Jitender : tey dont help
15:16 Sudheer : thanks jit .. i’m still learner
15:17 Jitender : wc bro
15:17 Sudheer : tht’s y joined this room
15:17 Jitender : hate to c anyone loose money here
15:17 Jitender : jitender [2:18 PM]27400 poss
15:17 Jitender : 27360
15:17 Jitender : watch spot post 3pm
15:18 Jitender : from 237 its raced to 286
15:18 Jitender : bn spot
15:18 Jitender : tats y 27.3 became 0 from hero
15:19 Jitender : pe
15:20 Sudheer : oops it’s 3:21
15:20 Jitender : as i said often…expiry day always have a trade post 3.05pm…wen algos run spot
15:21 Sudheer : time to go … good day today both sides
15:21 Jitender : sry meant optiona tables -OI (15:16) Jitender : dont look at option charts oon expiry day
15:21 Jitender : not charts
15:22 MJ : Jit keep your views coming in.
15:22 MJ : Thanks.
15:22 Sudheer : yeah jit
15:22 Jitender : wc
15:22 Jitender : thinkn of retirn…now 🙂
15:23 Jitender : with nf weeklies
15:23 Sudheer : i’m open minded to take all learnings from u folks
15:23 Sudheer : haha nf weeklies will make it even boring
15:23 MJ : Jit. Bas na.
15:23 MJ : aisa na.
15:24 Jitender : boring is good fr option writn
15:24 Shai : post fed day bounce factored in the NF through this spike
15:24 RK : value lower > POC tested > higher close > action packed Friday ahead
15:24 Uttam : bring it on RK 🙂
15:24 Prudhvi : 🙂
15:24 Vinay : haha
15:25 MJ : RK hypo for tomorrow if we are planning?
15:25 RK : will suggest 40-50 part booking in BNF going forward..just missed 1st obj by 15 points today twice
15:25 Uttam : +1 RK
15:26 Uttam : plus expiry days may be do this
15:26 Himanshu : rk ny posibility of gap up and drive tommorow
15:26 RK : MJ below 10925 swing sell tmw for 10700 kind for me
15:27 MJ : Thanks RK.
15:27 Jitender : spot lvl Rk ?
15:27 RK : upside it could move to 11150 kind above 11010
15:27 RK : Jit F..thats based on island move
15:27 MJ : Invalidation zone can be 11020?
15:28 Jitender : cool
15:28 MJ : for swing setup?
15:28 RK : we will decide tmw based on how IB forms
15:28 MJ : Conviction with OF + MP is everything. (14:59) MJ : DHI close?
15:28 MJ : Thanks RK.
15:29 RK : if this lower value is again whip and we are going up above 11010 means better reduce volumes and stay light..DEc blues
15:29 Jitender : bye all
15:29 TP : Bye All.
15:29 Uttam : thanks All 🙂
15:30 Uttam : have a lovely evening
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Vinay : bye akk
15:32 Sudheer : bye all


09:55 TP : Shai levels for SUNPHARMA both ID /swing.
10:32 Vivek : @shai levels for DABUR
13:08 Subhodeep : shai id levels for sbi currently at day highs …
13:34 Shai : sunpharm mullsih abv swing supp of 418
13:34 Shai : 435 and 455 are 2 HVN’s it can do abv 419
13:34 Shai : intra supp at 426 for 430 today
13:35 TP : tks chief.
13:36 Shai : dabur has met supply at 455 HVN
13:36 Shai : support at 427- 430 now
13:37 Shai : bigger supports at 408 whre it would be a good buy again
13:37 Shai : sbin 302 day supply
13:37 Shai : supp at 296

Order Flow charts dated 20th Dec

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.

Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of OrderFlow trading.

NF

BNF


Room Chat

08:49 Vtrender Live : (08:48) Vtrender Live: option charts – https://join.me/792-080-088
(08:49) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/241079429


08:58 Shai : (08:55) Shai : https://vtrender.in/market-profile-analysis-dated-18th-dec/
(08:56) Shai : extension handle at 10894 is the support for the auction
(08:56) Shai : vpoc at 10898 can pin the auction and slow the pace at open
(08:56) Shai : 10998*
(08:57) Shai : a close above this VPOC today is bullish and put the auction up for 11136
(08:57) Shai : failure below the extension handle of 10894 invites 10816 and 10760

08:58 Shai : (08:48) Vtrender Live: option charts – https://join.me/792-080-088
(08:49) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/241079429

11:27 Shai : (11:22) RK : Long NF 10955 SL 10925 for 10985

14:46 RK : (14:40) RK : Short NF 10995 for 10975/10965 SL 11020

14:46 Shai : (14:40) RK : Short NF 10995 for 10975/10965 SL 11020

15:05 RK : (15:05) RK : move SL to 11005 (14:40) RK : Short NF 10995 for 10975/10965 SL 11020

15:22 RK : (15:22) RK : book fully 10983 (15:05) RK : move SL to 11005 (14:40) RK : Short NF 10995 for 10975/10965 SL 11020

08:48 Vtrender Live : option charts – https://join.me/792-080-088
08:49 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/241079429
08:55 Shai : GM all
08:55 Shai : https://vtrender.in/market-profile-analysis-dated-18th-dec/
08:56 Shai : extension handle at 10894 is the support for the auction
08:56 Shai : vpoc at 10898 can pin the auction and slow the pace at open
08:56 Shai : 10998*
08:57 Shai : a close above this VPOC today is bullish and put the auction up for 11136
08:57 Shai : failure below the extension handle of 10894 invites 10816 and 10760
09:01 Shai : Announcement***
09:02 Shai : I am extremely happy to announce RK as the newest moderator of the Vtrender Trading Room.
09:02 Shai : RK needs no introduction and his versatility with Market Profile is well known
09:03 Shai : RK would be sharing his favorite intra day trading setups with us live in the room from today onwards complete with his entries , stops he maintains and the objectives he hopes to achieve.
09:03 Uttam : Good Morning All 🙂
09:03 Shai : I wish him well and look forward to an exciting time with the trades.
09:03 Uttam : super 🙂 wonderful news RK
09:03 Uttam : congrats
09:04 Uttam : VT keeps on getting better 🙂
09:05 Jitender : Congrats Rk….grt news
09:05 Jitender : Gm Folks 🙂
09:05 Azmath : Congrats RK
09:07 Dhaval : GM guys Congrats RK
09:09 Aman : congrats RK..
09:11 Santhanam : Congrats RK
09:13 Vinay : gm..shai..uttam..Jit..azmath…aman…dhaval..santhanam
09:13 Vinay : congrats RK
09:13 Jitender : Gm Vinay
09:14 TP : GM All.
09:14 TP : congrats RK, Shai and VT members we get another weapon in our arsenal !!
09:15 Shai : +1
09:15 RK : GM Shai and all
09:15 Uttam : BNF hits that 2ATR of 27346 from Fa of 26770
09:16 Uttam : we also have a weekly FA in it at 26926 & the 1ATR comes to 27945
09:16 RK : Thanks Shai for this opportunity and I would try my best to stir the ship in right direction..thank you all folks
09:16 Boppanna : +1 RK
09:16 Uttam : super RK 🙂
09:17 Santosh : GM all
09:17 Santosh : Congrats RK
09:17 Jitender : Dt done(14:57) Jitender : 2mrw gap up……hehe https://vtrender.slack.com/archives/C0F2VRTPW/p1545191253043000
09:19 Boppanna : Nice Jit
09:19 TP : +1 Jit.
09:19 Uttam : rocking Jit 🙂 congrats
09:19 Shai : Congrats Jit
09:19 Santosh : great Jit
09:19 R Goel : congrats RK
09:19 Jitender : tx gentlemen
09:20 Pradeep : congratulation RK. Will look forward to learning from you, just as I do from several seniors here in the room
09:21 MJ : Thanks shai and Congratulations RK. Looking forward to all your gems and insights as usual.
09:22 MJ : Jit congrats 🙂
09:23 Jitender : cheers
09:24 Porus : Could not have a better than RK ! Both technical and intuitive.
09:24 Porus : *better addition
09:25 Subhodeep : read a lot from the comments section in slack rk hope you guide us well and we follow you well
09:25 Uttam : you can be sure of him guiding well 🙂 have been following him since I came here
09:26 MJ : Shoutout to Shai as well for identifying people helping us have different perspective towards MP and AMT.
09:27 Vinay : RK..i truly admire the way you handle data and interpret probability ..as a data science practioner working in risk mgmt for a living ..i admire your ability to keep away congintive biases or be aware of them in decision making..
09:27 MJ : Thank you!
09:27 Vinay : Now you tempting to play the thursday lottery 🙂
09:28 Vinay : (09:16) Uttam : we also have a weekly FA in it at 26926 & the 1ATR comes to 27945 >> (09:27) Vinay : Now you tempting to play the thursday lottery 🙂
09:28 Jayesh : Congratulations RK
09:29 TP : Uttam how are the vol 1st 15 min ?
09:29 Amit : Congrats RK.
09:30 Kathir : GM shai alll
09:30 Jitender : bnf o=l
09:31 Uttam : vols low Tej
09:31 Jitender : nf also
09:31 Uttam : OAOR in both
09:32 Uttam : BNF did not have any vols below 27340 at the open
09:33 Boppanna : +1 09:30 Jitender : bnf o=l
09:35 TP : tks uttam.
09:35 Uttam : 🙂 Tej just 8.4L in NF & 2.7L in BNF in the opening 15mins
09:45 TP : Guess vol will be like this only for next few days.
09:45 Uttam : yes Tej Xmas mode
09:46 Uttam : Jit had already warned about this on Monday
09:47 TP : need to keep an eye on vix if goes below 12 can pick up some jan ATM straddle , JAN is generally a trending month.
09:48 Jitender : u can do tat on 3rd Jan
09:48 Jitender : y waste prem before tat
09:49 Jitender : US is not lookn good…fed shld b up2 rescue 2mrw…but if not..ten
09:50 Jitender : we cant remain on a diff tangent fr long
09:50 MJ : Make hay when sun shines. But be safe and alert jit?
09:51 TP : yes ideally post 27 dec , key is vix which will keep on going down as the range reduces due to poor volumes.
09:51 Jitender : always the rule MJ
09:51 Uttam : 20 point range in NF so far
09:52 Uttam : BNF got a green band at that dip to 27320
10:03 MJ : 39675 reds in nf
10:04 Sumit : in BNF also
10:06 MJ : Jit thanks for 0=l message 🙂
10:06 MJ : bought that 320 dip.
10:09 Jitender : i also
10:10 Boppanna : My plan for BNF 3IB setup post IB buy 27200pe/27100pe around 40-45 stop around 35
10:11 MJ : +1 bopp
10:14 Jitender : BoP …dont go naked today….hedge
10:17 Praneeth : Gm all
10:17 Praneeth : Shai, whats ur vew on usdinr
10:17 Jitender : if o=l doesnt brk fr bnf…u have to just time yr btfd
10:17 Jitender : unless OF indicates otherwise
10:18 RK : yes both are in uncharted territory with gap..so better to stay with gap rather anticipating contra moves
10:19 Boppanna : Thanks Jit..plan with O=L was to hold the long until IB end and now going contra to play the 3IB setup..with Fed tomorrow expecting some profit booking in longs BNF today so tight stops and profit booking
10:20 MJ : There is a fancy low in NF.
10:20 MJ : Below vwap waits 40 in bnf.
10:30 Shai : usdinr – support is coming at 70.00
10:30 Shai : can move to 70.60
10:30 Shai : aggressive counter trend
10:34 MJ : hdfc bank moved.
10:42 Jitender : time fr a cuppa
10:42 Uttam : cheers Jit 😉
10:43 Jitender : cheers bro 🙂
10:51 Shai : 10820 balance pivot puts this auction of today at the upper exteme
10:51 Shai : bullish only if we cross over the VPOC at 10998
10:52 MJ : +1 shai.
10:52 Vinay : + Shai….so a good indication will be auction at vwupb then
10:52 MJ : Shai small request. in 30 min. Can we have lows printed at the bottom of the bar? Like early days?
10:53 Vinay : COTS seem uncommital so far…and C did not extend IB
10:53 Himanshu : yes highs too shai..
10:53 Shai : okay will do
10:54 MJ : To print high. there is no space. But if low high both can come at bottom? Would be great.
10:54 MJ : Thank you Shai.
10:54 Himanshu : thanks shai
10:59 Shai : highs and lows below the bars
10:59 Shai : there is no place above , so we have to read it below
10:59 MJ : Gracias
10:59 MJ : Yes shai ui/ux brain already figured that hence suggested second option.
11:01 Shai : oh you did…I just read you 🙂
11:01 Shai : MJ …always ahead…speed
11:01 MJ : /\
11:02 MJ : learner and enthu cutlet 🙂
11:02 Shai : reminds me of that scence in the iconic Cars movie….I need speed 🙂
11:02 MJ : Haha!
11:03 Jitender : Mj wud b the youngest 2 migrate 2 upper window 🙂
11:03 MJ : I am short. Leg pulling helps my case jit 😉
11:05 MJ : Also, you are too kind J.
11:05 Sandeep : shai, can you migrate that change to the 30 min goto lcharts as well? (goto fans) 🙂
11:06 Boppanna : Shai your views on BNF auction with respect to tomorrow’s expiry ..
11:06 Uttam : +1 Jit
11:08 Shai : done Sandeep
11:08 Shai : Bopp both are OAOR
11:08 Shai : we watch at 1230- 1 for a break away move to accept
11:08 Boppanna : thx Shai
11:08 Uttam : handy to have those high/low Shai +1
11:08 Sandeep : Thanks shai 🙂
11:08 MJ : Sandeep Goto fan here too.
11:09 MJ : esp on mobile.
11:09 MJ : When on the move.
11:09 Sumit : bnf 30 mint charts not working
11:10 Sandeep : yes MJ, i cant open chat room in office…so goto is only option for me 🙂 today on leave
11:10 Uttam : poor highs in NF after gap up so exhaustion there?
11:11 Uttam : 10948 test will be nice in NF
11:11 Subhodeep : @seniors /vintage traders, would it be a good riskrwward if at 10965 10970 levels on the nifty a short was initatiated with sl at day high10985 range ?
11:11 Uttam : 27290-275 test in BNF
11:13 Gaurav : SL hunting BNF
11:14 Boppanna : out 45-70 in 27100 pe
11:14 RK : +1
11:15 Uttam : nice Bops +1
11:15 Uttam : (11:11) Uttam : 10948 test will be nice in NF…NF low 10950
11:15 Jitender : congo BoP
11:16 MJ : Same Bopp. Out in futures 🙂 (10:20) MJ : Below vwap waits 40 in bnf.
11:16 Sumit : 32 k green in BNF
11:16 Uttam : (11:11) Uttam : 27290-275 test in BNF…Done
11:17 MJ : 32k green bnf
11:18 MJ : BTFD done Jit?
11:19 Jitender : 280
11:19 Boppanna : Right around PDH could be tested if vwap holds later today
11:20 MJ : Just waiting above pdh.
11:20 MJ : Hunter boy.
11:20 Subhodeep : @mj in the goto chart on the nf area there are two vwap emerging could you please tell me whattimframe or property vwap is of the lower one?
11:21 Subhodeep : quoting somewhere around 10941
11:21 MJ : @shubhodeep yest I mentioned in the chat. They are vwap bands. 3SD of the current vwap.
11:21 Uttam : (11:11) Uttam : 10948 test will be nice in NF….10946.45 🙂
11:21 MJ : 3ib setup never disappoints right bopp?
11:22 RK : Long NF 10955 SL 10925 for 10985
11:22 RK : dont chase wait for limit fill
11:22 Uttam : +1 RK
11:23 Jitender : half book 330 (11:18) MJ : BTFD done Jit?(11:19) Jitender : 280
11:23 Jitender : KIS
11:23 Boppanna : +1 MJ amazing consistency
11:23 MJ : Same pinch.
11:23 MJ : Bopp i did 3 scalps 🙂 with dhi ref. And let loose other half 🙂
11:25 MJ : Kathir.
11:25 MJ : Btfd hogaya 🙂
11:25 Uttam : lets have a FA in both at lows will be a nice set up for year end 🙂
11:25 MJ : I like how you think uttam.
11:26 Subhodeep : 1:21 MJ : @shubhodeep yest I mentioned in the chat. They are vwap bands. 3SD of the current vwap.; my bad mj signs of ageing at my end…. 🙂
11:27 MJ : Holler up! We gotta stay alert even when we age.
11:27 MJ : 🙂
11:28 Subhodeep : aye aye
11:30 Boppanna : Just my observation when playing 3IB in BNF don’t do scalps it effects ur mindset and creates doubts.Just have ur stop defined before entering and give it enough time there is OF to show u the exit.
11:31 MJ : +1 bopp.
11:32 MJ : I am like a butterfly unfortunately. Need extra taming to punch lesser orders. But you are bang on.
11:32 MJ : 3ib works well. just respect sl and setup.
11:40 MJ : Message of the day (10:17) Jitender : if o=l doesnt brk fr bnf…u have to just time yr btfd
11:40 Sudheer : anything above 27320 spot in BNF is a good short for me
11:40 Sudheer : lot of excitement in BNF call buyers today
11:41 RK : If anybody got in NF 10972 is part book zone rest trail at 955
11:41 TP : +1
11:41 Shai : +1
11:41 Sudheer : Any levels for weakness inBNF ?
11:41 Jitender : Rk..can we maintain an excel of the trades
11:42 MJ : *plays illayaraja music in bg* Congratulations RK.
11:42 MJ : jit Sharing drive. link.
11:42 MJ : give sometime.
11:42 Shai : It is maintained by RM @Jit
11:42 RK : two way to look at NF auction a) P profile of short covering b)one timeframing since IBH..I considered as P and wanted to test day high..invalidation kept way below spike high
11:42 MJ : oh @Shai can we take it on drive?
11:42 MJ : Share within the room?
11:42 Jitender : out at 55 (11:23) Jitender : half book 330 (11:18) MJ : BTFD done Jit?(11:19) Jitender : 280
11:42 Jitender : 355
11:43 Uttam : nice RK 🙂 +1
11:43 Shai : Nice 1 RK. Lovely entry
11:43 RK : there was a very good trade for me at 10978 at P high but didnt want to scare with my first call with such short on a gap up day 🙂
11:43 Uttam : lol RK 🙂
11:43 RK : Jit yes will try to keep a ledger
11:44 Jitender : +1
11:44 Shai : Be your self RK- just ignore that we are here 🙂
11:44 Sudheer : nice work @RK
11:44 Porus : No C period extn means quiet first half?
11:44 TP : And remeber RK we got bots all over to follow your levels 🙂
11:44 RK : sure Shai..I consider it as taking lecture infront of a crowd 🙂
11:44 Jitender : Shai…will u b also gvng calls now ?
11:45 Azmath : RK _/\_
11:45 Shai : No. RK will. so there is no mixing
11:45 Jitender : wud reco …u do yr own calls also..as perspective differs
11:46 RK : now the real 3IB would play if we test day high and fail to extend IBH..so OF might help us there to decide
11:46 Jitender : yr data + screens+exp is diff
11:46 Shai : No porus OAOR it was so quietr
11:46 TP : Shai can give us swing/positional ones .
11:46 Shai : lower extension failed so we may cross over AB high
11:46 Jitender : yh
11:46 MJ : Jit: Today Dhi = 6 and dlo = 20+9 🙂
11:46 Jitender : Shai…dont clock out yr view/calls
11:46 Subhodeep : mj you got to elaborate on the 3ib thing all at sea out here do it at your convenience please
11:47 RK : btw MO at 60
11:47 Jitender : +1 (11:46) MJ : Jit: Today Dhi = 6 and dlo = 20+9 🙂
11:50 MJ : Yes shai Please consider (11:45) Jitender : wud reco …u do yr own calls also..as perspective differs
11:52 Sumit : bnf unable to brake vwap
11:52 Sumit : ?
11:56 Shai : I’m here guys. with views and all .
11:56 Shai : BNF not much supply at vwap
11:56 Shai : should go through higher
11:56 Shai : NF to tag that npoc at 998 and make it neutral
11:56 MJ : Green at dvah
11:56 MJ : all the attepmt for 988.
11:57 MJ : bnf wants 500?
11:57 MJ : 470 will be good too.
11:58 Sudheer : @shai can you plot 27000CE on BNF once ?
11:59 Shai : sure
11:59 Shai : give me a few mins – have to map it
12:00 MJ : @shubhodeep from my notes
12:00 MJ : Generally post 3ib day the next day trend continues and ib or ibh holds. like nf was 3ib day before yesterday so Uptrend continues and we play for ibh + filter (check OF imbalance) to hold and go counter short.
12:01 MJ : Check slack for the image.
12:02 RK : book fully at 10977 (11:22) RK : Long NF 10955 SL 10925 for 10985
12:02 MJ : https://vtrender.slack.com/files/UARUNSFC3/FEYUT1BQE/image.png
12:02 Sudheer : sure @shai
12:03 Jitender : congrats Rk…+ve debut=+ve mtm
12:03 RK : 🙂
12:03 Uttam : poor highs to be repiared in NF
12:03 Boppanna : +1 RK
12:03 RK : not sure how many entered that trade
12:03 Uttam : lovely start RK +1
12:04 MJ : Rk 949 🙂
12:04 RK : ok
12:04 Uttam : I had gone long in 10950ce when NF hit that 10948 🙂
12:04 MJ : Added when you gave a call.
12:04 MJ : pyramiding.
12:04 RK : good
12:04 Shai : +1 RK. Congrats
12:04 RK : thanks Shai
12:04 MJ : Congratulations RK.
12:04 Amit : great start Rk congrats
12:04 Sudheer : +1 RK
12:05 MJ : Jit: in my balance trade of bnf. I am looking at COT to go -5k -6k. It hasn’t gone there yet.
12:06 MJ : Riding the commitment of traders.
12:06 Jitender : k
12:06 Jitender : r tey yr friends ?
12:06 RK : yes this is the idea for 985 obj but end of F period here so safe to clear the trade around dVAH (12:03) Uttam : poor highs to be repiared in NF
12:06 MJ : So have a ref sl. But If commitment goes green and attempt to dhi is done. I’d like to be in that move.
12:07 RK : D and E gone too short and expected pullback and its done via F..so if G decides to adjust around dPOC then doubt creeps in
12:07 MJ : Not my friends for sure.
12:07 Jitender : ten book…355/60 holdn fr a ST move
12:07 Uttam : +1 RK
12:07 MJ : 2860 COT bar booked more 🙂
12:07 MJ : 361
12:07 MJ : just small with ref sl now holding.
12:08 Jitender : b smart..not dependant…is my mntra
12:08 MJ : +101
12:08 Uttam : ideally F should have repaired that poor highs RK?
12:08 RK : thats the trick Uttam..we cannot confirm which TPO would do that
12:09 RK : Poor high means it could have another poor high in any of tpo just 3-5 points below IBH
12:09 RK : and might repair later
12:09 Uttam : oh ok RK but we do have a probable FA at lows today so lets see what we have in store for the afternoon
12:09 RK : so context is when in P look for failure either 3-5 higher or lower from established extreme
12:10 Shai : 26300 ce pe on screen
12:10 Uttam : nice RK, BNF also gave a nice entry at your mid point ref & almost 100 up from there
12:11 RK : best way to trade is scale in 2 parts and keep some 20 pointer SL above extreme on first test of poor high and >75% win rate for 1:1 or 1:1.5 return
12:12 Uttam : NF back to vwap without tagging IBH
12:13 Uttam : so first entry would be C making poor highs & nect would be in this F making almost the same high as C RK?
12:15 RK : yes
12:15 Uttam : +1 RK thanks & that first entry would be booked at IBL or break of it right?
12:15 RK : dVAL
12:15 RK : around 960 I think then..so swipe below that
12:16 RK : you cannot expect IBL
12:16 Uttam : perfect so you have a 1:1 R;R there
12:16 RK : if this wants to make P
12:16 Uttam : yes ‘p’ so singles you need to book out
12:16 Uttam : +1 🙂
12:16 RK : if you want to trail means then may be till open or test of tail down
12:16 RK : smtimes they are below dVAL
12:18 Uttam : looks like NF wants to make a bell now than a ‘p’?
12:18 MJ : Jit psu bank meeting today?
12:19 MJ : with governor?
12:19 Shai : spikje highs versus 3IB highs and a FA with spike highs
12:19 Shai : PLR is upwards for that VPOC
12:20 Jitender : spoke 2 him in the morn..he didnt say so
12:23 Jitender : COT -ve now M fr yr bookn…..(12:07) Jitender : ten book…355/60 holdn fr a ST move(12:08) Jitender : b smart..not dependant…is my mntra
12:23 Jitender : marry COT with price….its an aid..nt an isolated indicator
12:23 MJ : Yes J.
12:30 Sudheer : above dpoc bnf good for day high ?
12:30 Sudheer : or struggling to clear VWAP?
12:38 MJ : @Shai 30 min bnf a little blurry.
12:40 MJ : Question to the room. Which broker has the best platform to check OI volumes. Market watch and decent charts?
12:41 Praneeth : kite
12:41 Praneeth : *may not be best, but it gives these infos
12:42 Sudheer : 1:1 =30 trade on BNF
12:42 Sudheer : done from 350 to 380
12:42 MJ : +1 Sudheer.
12:43 MJ : Praneeth apart from upstox and kite.
12:44 TP : MJ none of these discount brokers will give all info . Best is myfno and Quantsapp.
12:45 MJ : Thanks TP.
12:45 Shai : FA confirms
12:45 TP : 10985 to the dot …(11:44) TP : And remeber RK we got bots all over to follow your levels 🙂
12:45 MJ : Woohooooooo! Shai.
12:46 Sudheer : myfno is good for OI and futures data like basis coc premium discount
12:47 MJ : TP slacking you.
12:51 MJ : 11k dedo. want to book 380 swing positionals.
12:52 Shai : this is some big buying in BNF
12:52 Shai : 27280 onwards
12:52 Praneeth : myfno look good.. thanks TP, sudheer
12:53 Subhodeep : mj thanks fo tr the update on 3ib
12:55 Sudheer : both 12.45 and 12.50 POC’s at IBH in nifty with negative COT’s
12:56 Sudheer : below dvah we can test vwap again?
12:56 Sudheer : dvah at 977
12:57 MJ : Welcome S.
12:59 Sudheer : bnf close to IBH
12:59 Praneeth : anyone used zerodha sensibull?
13:00 MJ : Done. (12:06) MJ : So have a ref sl. But If commitment goes green and attempt to dhi is done. I’d like to be in that move.
13:00 Uttam : BNF also wanting to confirm FA at lows
13:00 MJ : All out bnf
13:00 Uttam : Done
13:01 Sudheer : Wat size COT is considerable in BNF ?
13:01 Sudheer : i mean big enough to cause a reversal ?
13:01 MJ : Contextual @Sudheer (12:23) Jitender : marry COT with price….its an aid..nt an isolated indicator
13:02 MJ : But shai mentioned 5-7k is good size in bnf
13:02 MJ : Also followup bars imp. It is not an indicator.
13:02 Sudheer : ok thanks .. i agree it should be coupled with price
13:02 Jitender : https://vtrender.slack.com/archives/C0F2X2TFW/p1545204757022200
13:02 TP : icici pushing up bn
13:03 Uttam : 11065 1atr in NF & 27568 in BNF
13:05 Jitender : mkts stretched….hedged positions is the wise move
13:05 RK : holding upper quad..
13:06 Sudheer : below dvah in BNF can do VAL in BNF?
13:08 MJ : Jit get me vwap 🙂
13:08 MJ : bnf
13:09 Uttam : 10900 PCR getting near 1
13:09 MJ : 376 out. Scalp.
13:09 Jitender : bnf 1700 points from dec 11 lows
13:09 MJ : half holding
13:09 RK : Long BNF 27385 SL 27330 obj 27450/27480
13:10 Uttam : lets make that 2k Jit 😉
13:10 Sudheer : BNF POC below DVAH at 13:10 will ensure new highs
13:10 Uttam : super RK
13:10 Boppanna : +1 RK
13:12 Jitender : Uttam 🙂
13:15 Sudheer : new highs Another 30 in BNF
13:15 Shai : 10992 – (11:56) Shai : should go through higher(11:56) Shai : NF to tag that npoc at 998 and make it neutral
13:16 Jitender : +1
13:19 TP : +1
13:19 Uttam : 1.5 IB done in NF
13:19 Jitender : jet li on tv
13:19 Rajiv : There you go
13:21 TP : BC ….(13:19) Jitender : jet li on tv
13:21 RK : move SL to 27385 (13:09) RK : Long BNF 27385 SL 27330 obj 27450/27480
13:22 RK : It has to hold IBH for extn
13:22 Sudheer : pink band in 27.3k CE
13:22 Uttam : +1 RK
13:24 MJ : jetli works better than AG.
13:24 MJ : sala.
13:24 Jitender : came out at 420 (13:19) Jitender : jet li on tv
13:24 RK : stopped at cost (13:21) RK : move SL to 27385 (13:09) RK : Long BNF 27385 SL 27330 obj 27450/27480
13:25 Sudheer : into shorts at 397
13:25 RK : lets watch Jetli now
13:25 TP : 🙂
13:25 Shai : what’s he saying?
13:25 Sudheer : stop of 422
13:25 Jitender : in niti aayog meetn…general gyaan
13:25 TP : jet li even makes global F go down !!
13:26 Jitender : gone nw
13:26 MJ : He also wanted to enter RK levels.
13:27 Shai : one more budget in Feb will be the big one
13:27 Shai : 3-1 strike rate of Jet li
13:27 Shai : but all have been big big movers
13:28 RK : certainly going to be populist budget
13:28 Sudheer : just efore election
13:28 Sudheer : banta hai
13:28 Shai : popluist for traders better
13:29 Shai : remove STT 🙂
13:29 RK : populist means first thing is IT slabs
13:29 Sudheer : haha tht would be great move
13:29 Porus : Populist = Small tinkering, big promises
13:29 Shai : yes
13:30 MJ : Well said Porus 🙂
13:30 Jitender : +1 Porus
13:30 MJ : tweak the terms. make em all happy.
13:30 Shai : tax once it comes in India is never removed
13:30 Porus : STT is too big. No govt will now remove.
13:30 MJ : Just like energy neither can be created nor destroyed
13:30 Shai : see the crude thing – the bugger said they were losing money on the 2 rupee waive off
13:30 MJ : Just transfered to some other type of tax.
13:31 Shai : MJ 🙂
13:31 MJ : go for 470
13:31 MJ : comeon
13:31 Sudheer : from +60 to +35 now stop hit at 422
13:31 Porus : Price has a memory, traders dont. 🙂 What happened after CGT was reintroduced?
13:32 Shai : CGT?
13:32 Porus : Cap Gains TAx
13:32 MJ : LTCG I mean.
13:32 MJ : He* means
13:32 Shai : oh yeah
13:33 MJ : 997.8 (11:56) Shai : NF to tag that npoc at 998 and make it neutral
13:33 Shai : interesting to see how much they collected 🙂
13:33 Jitender : no excel sheet tere…yet 🙂
13:34 Shai : 🙂
13:34 MJ : anyone here in positional NF longs?
13:34 MJ : need suggestion for booking zone.
13:35 Jitender : tats easy M…book
13:35 Boppanna : 🙂
13:35 MJ : 😛
13:36 MJ : 11022 any good folks.?
13:36 MJ : For once I’ve managed a decent positional trade.
13:36 Shai : sl is deep at vwap
13:36 Shai : trade is for neut ext
13:37 MJ : want to make sure I make the most of it.
13:37 TP : Shai views on 11K combo currently 160 .
13:37 Shai : wel priced TP
13:37 MJ : Thanks shai.
13:37 Uttam : +1 Shai
13:37 Shai : would go to 11140- 10820 expiry
13:37 Shai : can narow down tom
13:38 Shai : 10900 extension handle is with bulls
13:38 MJ : Shai woh start of month references hits both sides almost.
13:38 Shai : so that is support into settlemnt
13:38 TP : tks chief for the views.
13:39 Sudheer : waiting for afternoon trap .. any guesses on which side the trap would be ?
13:40 MJ : 11k
13:40 MJ : woohoooo!
13:40 MJ : 949 to 999.9
13:40 MJ : done.
13:40 Sudheer : super MJ
13:40 MJ : That trade is a toast to RK 🙂
13:40 MJ : Cheers.
13:41 RK : +1
13:41 RK : BNf still in Jetli fear 🙂
13:41 RK : no new high
13:41 MJ : Yeah.
13:42 MJ : RK hdfc yet to come to the rescue.
13:42 Sumit : any sell below?
13:42 Sudheer : now ne high in bnf by 1.55
13:42 Sumit : in bnf
13:42 Sudheer : new*
13:42 Boppanna : MJ if you follow Fib% for positional ..To squeeze the max Around 11100 spot is 61.8% retracment of the drop from ATH to October low
13:43 Porus : 11007 and 11022 on profile chart are Anomalies?
13:43 MJ : Thanks Bopp.
13:43 MJ : spike it boy.
13:43 TP : around 100 ib in bn time to show some fireworks …(13:41) RK : no new high
13:48 Sumit : some reds coming in nf
13:48 Sudheer : surprised to see no sentimental sellers at 11k in NF
13:50 MJ : bnf should now fire.
13:57 MJ : Nah. Bots chilling too.
13:58 Sudheer : tht 2140 2140 at 13:50 some one was talking about this kinda patterns yesterday
13:58 Sudheer : are these bots?
13:58 MJ : Sudheer I checked that again. In OF they were only one order.
13:59 MJ : Maybe it appeared twice. but it was one order only.
13:59 Sudheer : oh ok
13:59 RK : remaining DEc would be like this only..exhaustive uncertain improper structure moves
13:59 RK : and one fine morning in Jan or Feb they will do escalator ride to clear all such moves
14:00 MJ : +1 Rk.
14:02 MJ : BTFD?
14:03 MJ : Done at the DPOC
14:03 MJ : Dip Dip Barsa Mtm. Mtm mein aag lagi.
14:08 MJ : Vwap coming +- to ibh. NE close probablity goes higher.
14:09 MJ : I use filter of 7 points. Works like a charm. This setup.
14:09 Sudheer : can short at 380 for 270?
14:09 Kathir : @ RK MO now ?
14:10 RK : 60
14:10 Kathir : TY
14:10 Sudheer : shorted at 385
14:11 Sudheer : now
14:11 MJ : Half out at 393 (14:02) MJ : BTFD?(14:03) MJ : Done at the DPOC
14:11 Sudheer : Stop 440
14:13 Jitender : (13:05) Jitender : mkts stretched….hedged positions is the wise move
14:16 MJ : Jit one hedge eg: when you do will be nice.
14:17 Jitender : already did it fr u once..M
14:17 Jitender : sumtime bck
14:17 Jitender : n ten u also published tat u take positions in 2:1 ..n let go one side
14:17 MJ : Yes.
14:17 Jitender : if i remember correctly
14:18 MJ : I meant ref wise on todays day.
14:18 MJ : Like where you’d hedge. Or you’d be light after feeling that market is over streched?
14:18 Porus : How will mkts move if FED raises rates? And if they dont?
14:18 Jitender : it was around 390-400 in bnf..if i was long fut..i wud have bought itm pe
14:18 MJ : Okay thank you J,
14:18 MJ : Quite helpful.
14:19 Jitender : Porus..dovish fed or no rate hike=mkt up
14:19 Jitender : +1 M
14:19 Jitender : dovish hike
14:20 Shai : but hike is expected
14:20 Jitender : ys
14:20 RK : hike is confirmed almost
14:20 Shai : there is nothing new if it comes
14:20 Jitender : question is wat tey do after 2day’s hike …1 in 2019 or 3
14:20 Shai : 1
14:21 Shai : he said near normal
14:21 Shai : can’t do 3 after saying that
14:22 Sudheer : half out at 355 in bnf
14:22 Jitender : +1
14:22 Shai : +1
14:22 Shai : BNF did not cross Jet Li high
14:22 Shai : 🙂
14:22 MJ : Nice trade Sudheer 🙂
14:23 RK : reason why I moved to cost and saved a** 🙂
14:23 MJ : Lol rk.
14:23 MJ : Bears ka messiah JetLi baba.
14:23 RK : but not really..wanted to have better IB extn which didnt happen..so without proper extn back to IBH means trade is under risk
14:23 Sudheer : rest also out at 370
14:24 MJ : Better IB extension means Ib range + 20%?
14:24 Sudheer : call writers not making their impact inspite of support from price
14:24 Sudheer : some guys are still covering at 27200 strike
14:25 Praneeth : btw usdinr is doing RE
14:25 Sudheer : new shorts only below DPOC now
14:29 RK : profiles calling for NC close
14:29 Shai : yes decided for NC
14:29 RK : could whip either side next 1 hr
14:29 Sumit : NC?
14:29 Shai : unless some bloke has some inside info on the FED and gives it a rip
14:29 Sudheer : neutral centre
14:29 Sudheer : ?
14:29 RK : neutral centre
14:30 RK : dPOC/vwap close
14:32 Jitender : AG says have taken off longs here
14:32 Sudheer : this 5 min close should be above 375 else we can swipe DVAL once more
14:33 Jitender : Shai…u r expectn a bounce on spx ..irrespectv of fed tonite ?
14:34 Shai : That was a dependable lows at 2530
14:35 Shai : I also checked with a few OF guys for the flow and they said it was decent buying there
14:35 Shai : sp yes
14:36 Jitender : tx
14:40 RK : Short NF 10995 for 10975/10965 SL 11020
14:42 Sumit : bnf?
14:43 MJ : 45 min for some damages.
14:43 MJ : Lets see.
14:43 MJ : NE anyone?
14:44 Sudheer : NC for now
14:45 Jitender : posted the plan yday in slack..played to the T
14:45 Jitender : So sell tere n btfd post 1.30
14:45 Jitender : awesum day
14:45 MJ : Yes J.
14:45 MJ : Same trades planned for the day. Lovely day so far.
14:45 Boppanna : +1 Jit..
14:45 Sudheer : +1
14:46 MJ : Congratulations J.
14:46 MJ : dpoc vwap alignment in bnf.
14:46 Uttam : 10974 calling in Nf
14:46 Uttam : +1 RK
14:46 Uttam : BNF going to retain the poor highs?
14:47 MJ : Uttam I want 470. If you do something.
14:47 Sudheer : it can make new highs bnf
14:47 Sudheer : invalid below 365
14:47 Sudheer : bought at 382
14:47 Sudheer : stop 365
14:48 Uttam : RK that dip to vwap today in NF a false signal today as profile asking for completion?
14:48 Jitender : both ID+Pos a/c happy https://vtrender.slack.com/archives/C0F2X2TFW/p1545211075023000
14:48 Uttam : congrats Jit 🙂 and keep rocking
14:49 TP : +100 jit
14:49 Uttam : prominent hvn at 10972 today in NF
14:49 Jitender : tx guys
14:50 Kathir : congrats ji.
14:51 Sudheer : quick covering by 27.2k and 27.5k guys
14:51 Jitender : tx K
14:51 Sudheer : can we tag 450 in BNF
14:51 MJ : You are my inspiration J.
14:51 MJ : Kudos.
14:51 Jitender : Shai & Tej…t my inspiration M
14:51 Jitender : follw tem
14:52 TP : We all inspire each other 😉
14:53 Uttam : BNF also hvn at 27370 so may not let it move away
14:53 Shai : Tej is the one — just luke the name . Even the bots are left back in the dust
14:53 Shai : and Jit is always clear as a crystal
14:54 Jitender : u r our reason 2 b were we are Shai_/\_
14:54 Azmath : +1
14:54 TP : Chief blessed to be in such a professional room !!
14:54 Sudheer : out of BNF longs
14:54 Sudheer : at cost
14:55 Uttam : +1 Shai / Jit / Tej
14:55 Sudheer : +1 all good platfirm this is for learners
14:55 Sudheer : i like the consistency u guys have in timing
14:59 Sudheer : bulls attempting to get above DVAH failing
15:03 Jitender : fed greens in bnf ?
15:04 Sudheer : not able to move price higher
15:05 RK : move SL to 11005 (14:40) RK : Short NF 10995 for 10975/10965 SL 11020
15:06 RK : 20 point move there now
15:06 RK : either side
15:11 Uttam : (14:53) Uttam : BNF also hvn at 27370 so may not let it move away
15:11 Sudheer : @shai are these sellers in BNF at 420 big enough ?
15:12 Vinay : Uttam how does one play the exipry given these conditions for tomorrow?
15:12 Shai : yes decent size
15:12 Shai : the big ones were at 27290 earlier – buyers
15:12 Sudheer : ok .. thanks 🙂
15:13 Uttam : need to see where we open & accept tom Vinay
15:13 Uttam : and if we get a move away from today’s wide POC
15:13 Sudheer : i’m guessing ORR tmrw
15:13 Sudheer : but would like to take positions tmrw only
15:14 Uttam : we have a FA at lows today so if that gows can look at a 1atr move down
15:14 Sudheer : as we are closing at dpoc/vwap today
15:14 Uttam : else 27450/550 can be tagged tom
15:15 Uttam : BNF ledge at 27350 RK?
15:17 RK : no
15:17 Uttam : oh yes gets smoothened out
15:18 Uttam : dpoc shifts higher in NF
15:19 Sudheer : i guess all these greens in bnf are covering
15:20 Shai : usdinr near day highs
15:20 Praneeth : Shia, whats ur swing view on usdinr…again to 74/
15:20 Shai : at 70 there was decisive booking of shorts today
15:20 Praneeth : ?
15:20 Praneeth : *sha
15:20 Praneeth : *shai
15:20 Shai : not clear Praneeth
15:20 Shai : 70 to 74?
15:21 Shai : that is once in a decade kind of move
15:21 Praneeth : i mean 1 months move
15:21 Praneeth : *swing
15:21 Shai : no
15:21 Shai : bounce could get sold
15:22 RK : book fully 10983 (15:05) RK : move SL to 11005 (14:40) RK : Short NF 10995 for 10975/10965 SL 11020
15:22 Uttam : +1 RK
15:22 MJ : Shai can carry ce/pe?
15:22 MJ : bnf?
15:22 Shai : +1 RK
15:22 Azmath : +1
15:22 RK : running out of time
15:22 Shai : This profile will move tom
15:23 Shai : direction not clear
15:23 Shai : BNF that is
15:23 Uttam : yes Shai
15:23 MJ : Closest otm combo?
15:23 Shai : can
15:23 Shai : time for a drive at open tom
15:24 Shai : NC in both
15:24 Shai : hope there is o gap
15:24 Sudheer : expecting kinda flat or slightly positive open
15:24 RK : low vol affair > wide poc > sudden spurt in 2.40 bar > lead to fade for NC close
15:24 Shai : and we get to trade this profile
15:25 RK : ofc wide POC in BNF after 3IB was the first confirmation
15:25 MJ : Yes shai *NO GAP* very imp. Hence ce/pe combo..
15:25 Sudheer : tmrw expiry options will be crused at the open .. going with nil
15:26 RK : only hurdle against that fade was gap and FA could have smashed that trade..but smtimes have to live witht his conviction Vs context fight 🙂
15:26 RK : anyone dreaming here for Island?
15:26 TP : yes sir
15:26 Himanshu : me too 🙂
15:26 Shai : carrying short F with short PE as hedge
15:27 RK : BNF was clear 3IB canditate today
15:27 RK : just 20 point above IBH and neat 50 point fall
15:27 RK : from IBH
15:27 Sudheer : yeah possible … Tmrw’s open key
15:28 TP : some big vols coming in.
15:29 MJ : Dovish no hike.
15:29 MJ : Cheerio boys.
15:29 MJ : Have a nice evening.
15:29 TP : Bye All.
15:29 Jitender : adios amigos
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 Uttam : Congrats once again RK 🙂 and a super start to this new role
15:30 Vinay : bye all
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Sudheer : bye all .. one good day.
15:31 Kathir : thanks and bye all


10:55 TP : Shai views on Hindalco, series/swing.
11:54 Shai : hindalco on track for 233
11:54 Shai : 222 is a buy on dips
11:55 Shai : series should be nearer to 233 if that 222 hiolds
11:55 TP : tks chief.
12:21 Gaurav : Shai can buy AVANTI FEEDS for couple of months at these leve;ls?
12:54 Shai : chart is not clean . It is trading above 405 res and short term is headed for 440
12:54 Shai : but cant really put a bigger TF in yet as gaps are opp
13:51 Gaurav : Thanks Shai
14:05 MJ : Shai whenever you can check. If you can see dip buyers in welent? Would be great. I’ve entered 102ish.
14:06 Subhodeep : hindpetro shai for the lat 90 minutes do you think would be good long?
14:07 Subhodeep : currently gyrating 238 239 range
15:10 Shai : welent was a good buy at 105 but ha smet supplay at 123
15:10 Shai : has to take out 123 for more
15:10 Shai : also a dip buy at 110
15:11 Shai : hind petro done 238 obj
15:11 Shai : should pullback tom

Order Flow charts dated 19th Dec

Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade.

The way we see it is that Order Flow trading is a mindset. Well, instead of just looking for technical patterns, Trader should go a step further and think about what other market participants might do.

NF

BNF


Room Chat

08:45 Vtrender Live : (08:43) Vtrender Live: option charts – https://join.me/732-592-389
(08:45) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/865719133

12:57 Shai : (12:57) Shai : Intra- short banknifty 27000 sl of 27085 tgt 26870

13:07 Shai : (13:06) Shai : Exit the BNF positioons at 27020 here


08:43 Vtrender Live : option charts – https://join.me/732-592-389
08:45 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/865719133
08:50 Shai : GM all
08:52 Shai : https://vtrender.in/market-profile-analysis-dated-17th-dec/
09:04 Shai : gap down expected which should bring it back to the RB seen yesterday noon around 10868-872
09:05 Shai : would be bullish if stays above 10885 in IB
09:05 Shai : else a quick drop to 10818 is on the cards
09:05 Shai : 26970 support in BNF
09:05 Shai : if breaks below 26970 can drop to 26870
09:06 Shai : bullish with an IB above 27050
09:06 Jitender : Gm Folks 🙂
09:07 Uttam : Good Morning All 🙂
09:09 Jitender : not much..but sumthng better than nuthn 🙂 (15:03) Jitender : gap dwn morrow ?
09:09 Kathir : GM Shai all
09:10 Shai : +1- (09:09) Jitender : not much..but sumthng better than nuthn 🙂 (15:03) Jitender : gap dwn morrow ?
09:10 Subhodeep : gm all
09:11 RK : GM Shai and all
09:11 Vinay : gm all
09:11 TP : GM All.
09:12 Vinay : gm RK….Shai..Subhodeep..TP..Jit..Uttam
09:12 Vinay : gm kathir
09:13 Kathir : hi vinay
09:13 Jitender : tx Shai
09:13 Jitender : Gm Vinay
09:13 Subhodeep : hi vinay
09:20 Boppanna : BNF below 970 ..
09:30 Vinay : could anyone please tell me what is IBDOP ?
09:32 Uttam : where did you find that Vinay?
09:32 Subhodeep : i think he menat ib adn dpoc
09:32 Subhodeep : inital balance adn developing poc
09:32 Subhodeep : point of control
09:37 Praneeth : Gm All, shia whats ur view on usdinr?
09:37 Praneeth : good to buy at this level or still more down move possible?
09:38 Jitender : buyn only abv 27000
09:38 Vinay : in the 5 min TFOF charts..for NF it ws there..then wen away now
09:38 Jitender : or much below
09:38 Himanshu : uttam volumes r low?
09:39 Vinay : no subhodeep..it said IBDOP in capitals
09:39 Uttam : yes Himanshu pretty low vols in both
09:39 Himanshu : yeahh thanks
09:41 MJ : Good morning everyone.
09:41 MJ : Trying to go below yesterday A period.
09:42 Uttam : NF needs to get below 10845 for that 10820 vpoc tag
09:42 Uttam : for now both seem to have moved away from yesterday’s Value lower
09:42 MJ : Yes Uttam then comes 820 tag,
09:43 Jitender : as said yday (10:24) Jitender : tis n next week till 4th Jan…grind will be thw norm(10:24) Jitender : with spurts of vol in between
09:44 MJ : J 🙂
09:46 Boppanna : B could score some quick points today
09:48 Uttam : RK are you giving an island reversal today?
09:48 Jitender : psu banks gathern strength
09:48 RK : Uttam on wall now
09:48 MJ : almost 30k COT
09:48 MJ : 5 min
09:48 Uttam : yep RK needs to stay below that 10868 & break 845
09:48 RK : should get value down and for that better to get below 10850 quick in IB
09:49 RK : which is not happening
09:49 RK : which was supposed to be easy for sellers
09:49 MJ : 80% of yest value lets do.
09:50 Uttam : yes RK sellers not doing good job after getting a start at open
09:50 RK : they are ok as long as staying below 873
09:51 Kathir : uttam guys all out for 140 – just saw 🙁
09:51 Uttam : yes Kathir, it was over yesterday itself today was just formalities
09:51 Uttam : no rain also 🙁
09:51 Kathir : lol
09:52 TP : Happened so fast even before the clouds could arrive 🙂
09:54 Uttam : (09:48) Uttam : yep RK needs to stay below that 10868 & break 845…high of the bounce so far 10868.3
09:54 MJ : Ping pong in yest value?
09:55 RK : no OTF trace..watch for 2 side mkts today in first session
09:55 MJ : YEp
09:56 MJ : Wait for ib.
09:56 MJ : and traces post it.
09:56 Uttam : yes RK OAIR so another narrow range looks like…FIIs goe on holiday early this year?
09:56 RK : auction outside value sofar
09:56 Uttam : +1
09:57 MJ : Christmas holidays. Perfect timing.
09:57 MJ : Best days to scalp with large position and small points.
09:58 MJ : DT in 3 trades 🙂
09:58 Uttam : NF waiting for BNF to get in sync looks like
09:58 RK : x-mas period are worst period for drawdown MJ..need to be very careful
09:58 RK : I mean holidays in DEc
10:00 Vinay : why is that RK
10:00 MJ : Yes RK.
10:00 Uttam : (09:54) Uttam : (09:48) Uttam : yep RK needs to stay below that 10868 & break 845…high of the bounce so far 10868.3…first part doen now do the 2nd one
10:00 MJ : I flushed entire capital last christmas 🙁
10:01 MJ : And then in Feb Shai happened. 🙂
10:01 RK : then how can you come with such statement? 🙂 (09:57) MJ : Best days to scalp with large position and small points.
10:01 Uttam : RK cos low volumes so whips are frequent during this phase?
10:02 RK : coz I feel it is the period you stay with low vol but keep the grind..avoid large vol..can frustrate to the core
10:02 RK : yes Uttam..
10:02 MJ : RK Coz I have a tradeplan to trade OAIR/OR + low volume on scalp system.
10:03 RK : you aim for small points but it wont come straight these days I mean post 15th-20th
10:03 Vinay : aah..rk..so whips within a range?
10:03 RK : ok MJ
10:03 MJ : gives me 7/10 win rate. So I am happy. And 2017 christmas is far behind.
10:03 MJ : Learned from my mistakes.
10:03 RK : Vinay yes..but dont worry not yet that period started..may be post FEd meet today
10:05 Uttam : so till Jan 1st week trades to be on lower vols RK?
10:05 MJ : IB range showing 60.05 it should be 26.25 right?
10:05 MJ : @Uttam.
10:06 RK : yes Uttam..till 2nd or 3rd Jan
10:07 Uttam : IB not yet done Mihir so may be getting confused with some other values
10:07 MJ : Yep I understand not done yet. 🙂
10:08 Boppanna : COme on BNF 26870 or 27080 make up ur mind IB almost done
10:09 Uttam : Shai setting that right Mihir, gone into xmas mode I guess
10:12 MJ : 3 min to extend ib.
10:12 Uttam : it has the full day to do it Mihir 😉
10:12 MJ : range.
10:12 Uttam : lets have a trend day 😉
10:12 MJ : dvah boarded shorts.
10:13 MJ : jaisi aapki icha 🙂
10:13 Uttam : 26 point IB in spot
10:14 Uttam : had last such range on 9th Jul
10:14 Vinay : Uttam very low COTS too in IB except a few..at the extremes of the IB
10:14 Vinay : and what happened that day Uttam/
10:15 Uttam : 7th may was lowest I think this year of 24 points & that gave a 3.7 IB day
10:15 Tejus : what will be market action when market opens OAIR in most of the time?
10:15 Uttam : NF appraching 10845
10:15 Uttam : 52k green here in NF though
10:15 RK : yday we had two sellers 70K and 50K
10:16 RK : and one guy booked here
10:16 Boppanna : +1 RK
10:16 Uttam : at that vwap band RK?
10:16 RK : yes
10:16 Boppanna : yes
10:16 Uttam : perfect
10:16 RK : around 910
10:16 Uttam : yes
10:17 Shai : BNF managing single sof yesterday
10:17 MJ : Half out 🙂 (10:12) MJ : dvah boarded shorts.
10:17 Uttam : (09:48) Uttam : yep RK needs to stay below that 10868 & break 845…low so far 10845.1
10:17 Shai : is weakening for 26870
10:17 MJ : 822 come soon.
10:18 Uttam : another C period extension
10:18 MJ : Yesterday’s vwap band short guys are exiting.
10:19 Boppanna : Shai any good buying in the 26700pe?
10:20 Subhodeep : @vinay i think you must have read dop that would have signified day open
10:21 MJ : Trifecta at lows.
10:21 Subhodeep : @mj what is trifecta?
10:21 MJ : trios of Green in 5 min OF.
10:21 MJ : 44k 9k 2.1k
10:21 Uttam : NF taking sup at Friday highs?
10:22 Subhodeep : hmm thaks
10:22 Subhodeep : been wondering abt that term for a while now
10:22 Subhodeep : @so supposing something like that happens with three consec red then it woulld there be some other term
10:22 Subhodeep : ?
10:24 Himanshu : +28k stuck (10:21) MJ : Trifecta at lows.
10:24 MJ : Yes himanshu.
10:24 Himanshu : 🙂
10:25 MJ : @Shubhodeep I’d let Shai say more about the reds. but that should be true too.
10:25 Shai : treifecta means 3 in a row
10:26 Shai : only watch for the sizes in the 3
10:26 MJ : a bet in which the person betting forecasts the first three finishers in a race in the correct order.
10:26 Vinay : something wrong with the IB range?? shouldnt it be 26-27…shows 61.. which actually is from prev close – low in IB
10:26 Shai : that 44 i the top is good, 9 k under avg
10:26 Shai : looks like profit bookings than buyings
10:26 MJ : dictonary meaning Shubhodeep.
10:27 RK : yes..and another 28K at extreme SL swipes
10:27 MJ : Shubhodeep this are observations. Where in OF and on the mp reference it comes is quite important to make any decisions.
10:29 Subhodeep : ok
10:29 Vinay : MJ so buying at the band low indicates..much lower down side mostlikely…as either shorts have covered or new longs have entered
10:30 MJ : You mean green bands?
10:30 Vinay : yes
10:31 Vinay : MJ also..for that bying COTs is also perhaps the highest today so far
10:32 Boppanna : That 11k looks to be in trouble in BNF?
10:32 Subhodeep : @mj, vinay after that trifecta the green box signifies large buying that happened with fig 15825?
10:33 Vinay : MJ i meant that 44k,9,7k and 2.1k at vwlow]
10:33 Sudheer : BNF there’s downsidecushion till 26730 spot
10:33 MJ : Vinay yesterday at 10917 to 10925 there were sellers who would have covered in this dip. RK did mention about few. That is why we are seeing greens at low. It is an anticipatory projection if they are covering or new greens.
10:33 Sudheer : i guess these are normal dip buyers
10:33 MJ : @vinay read this again (10:25) Shai : treifecta means 3 in a row(10:26) Shai : only watch for the sizes in the 3(10:26) Shai : that 44 i the top is good, 9 k under avg(10:26) Shai : looks like profit bookings than buyings
10:34 MJ : Shubhodeep 15k with box is someone like me. Aggressive buyer.
10:36 Subhodeep : okies 🙂
10:37 Vinay : understood MJ…when that happens at the vwap bands…does it mean..that the move in that direction further…is unlikely a lot more…or would that be a naive conclusion
10:37 Subhodeep : another trifecta in formation mj?
10:37 MJ : Shai has VWAP bands with SD marked on charts. When price reaches it. Nice dip is usually observed.
10:37 MJ : @shai it is to 3SD right?
10:38 MJ : Yes vinay somewhat like that.
10:38 MJ : Shubhodeep other two got overcome and lost its colour. Did you observe?
10:39 Subhodeep : i did
10:39 MJ : All attempt to touch vwap is on over here.
10:39 Subhodeep : so saf to assume iresposive buyers buying tright now ?
10:39 MJ : +1
10:39 Sudheer : yeah waiting for that vwap tag
10:39 MJ : Get it Sudheer.
10:39 MJ : 🙂
10:39 Vinay : MJ so now to watch 880 levels for their reentry?
10:40 Sudheer : to short for 780
10:40 MJ : Yes if price runs to 885 without follow up by greens. We can fade it with small sl.
10:41 MJ : But my first objective will be vwap and dvah.
10:41 MJ : If shorting has to be initiated.
10:42 MJ : Low vols ping pong over here.
10:43 MJ : Veterans of the room correct me if I am wrong.
10:48 Boppanna : Words of the veteran :)09:55 RK : no OTF trace..watch for 2 side mkts today in first session
10:48 Sudheer : tht effort to conquer 10 points in BNF definitely locals
10:48 MJ : Lets go back up 🙂 (10:18) Uttam : another C period extension
10:49 Jitender : guys..pls keepyr hail well oiled…lest u tear tem out..coz of inaction 🙂
10:49 Jitender : yr hair
10:49 Tejus : how can we identify OTF has entered the market or not
10:49 MJ : Lol. Jit.
10:49 Uttam : 10855 zone to watch in NF now
10:50 Uttam : vwap+IBL+yesterday’s low there
10:50 Uttam : if rejects from there then going for new lows else can probe higher
10:50 Vinay : Guys..anyone else having the problem..reading the COTS as the yellow vol print is happening on the COT box
10:51 Uttam : BNF in a 73 point range since morning
10:52 Uttam : yes Vinay 5min COT needs to be adjusted
10:53 MJ : 25k responsive
10:54 MJ : wants dvah I guess.
10:54 MJ : Or maybe late to the party.
10:54 Uttam : BNF getting rejected from that 26970
10:55 Sudheer : BNF VWAP kiss over
10:55 Uttam : whihc is today’s vwap also
10:55 Sudheer : shorted at 960
10:55 Sudheer : Small SL 985
10:56 RK : open below spike > below VAL > grind > sweat to stuck buyers = liquidation happened mow watch value > overlap means chop > lower means > expect more liquidation later in the day..
10:56 RK : *now watch
10:58 Himanshu : its for nifty RK?
10:58 RK : yes
10:58 Himanshu : so uptill now value is overlapping?
10:58 MJ : Nice one rk
10:59 Uttam : yes RK & seems to be rejecting from 10855 levels?
10:59 Sudheer : so now it’s overlapping in nifty
10:59 Uttam : Value is lower
10:59 Uttam : yVAL 10868
11:00 Uttam : today Value 10868-10849
11:00 Sudheer : and lower in BNF
11:00 Dhaval : so cud xpect liquadation
11:01 Uttam : D forming an inside bar in NF so E could lead the way
11:02 Uttam : BNf seems to be having lot of sellers but nothing happening there to the downside
11:02 Uttam : so far…
11:02 RK : lower (10:58) Himanshu : so uptill now value is overlapping?
11:05 MJ : Go Ms Nifty.
11:06 Subhodeep : uttam if we manag e to hold above 855 then the next junction would that be around 876?
11:06 Himanshu : okk RK
11:06 MJ : Uttam NS low = 10819.9 = magic low10.9 ce = 59.1 = magic low
11:09 Boppanna : Holding 870 that Op-range 807 in NF looks doable..
11:10 Kathir : mihir hdfc bank new DL
11:12 Vinay : Shai can you please help with the COT and vol overlap..
11:12 MJ : Oh nice Kathir.
11:15 Uttam : @Subodeep if we get above 10855 then can do 10870 high of that MB
11:15 Sudheer : yeah hdfc bank RE to downside
11:16 Sudheer : forming value lower
11:16 Uttam : narrow range day so smaller targets today for now
11:16 Uttam : entry back into 10845 can bring that 10820-818
11:16 Uttam : NF has done 1.5 IB down at 10839 & 2 IB is at 10826
11:32 Vinay : NF seems like its in a mood to clear out all locals like me..if i did trade before making a move…
11:32 Sudheer : will add shorts if we go higher to 985-990
11:32 Sudheer : in BNF
11:33 Shai : looking to sell on RS is a better option today
11:33 Sudheer : one trap will be good looks like
11:33 Shai : value so far lower on day
11:33 Shai : Buyers would not wait to buy near the composite POC of 10810 – 20
11:34 Shai : so far no interest to buy this auction
11:34 Vinay : E looking to tag D high and C High
11:34 MJ : As shai will say in his workshops. Save emotional capital in this one.
11:34 Shai : any upmove to 885-890 is a sell with sl of 910 for that 810 visit
11:34 Vinay : in NF
11:36 Boppanna : would not wait Shai ?11:33 Shai : Buyers would not wait to buy near the composite POC of 10810 – 20
11:36 Vinay : Shai am assuming all intraday and where does that get invalidated…in case of an upmove…
11:37 Vinay : BOP i understood it as…thats the right place to buy ooking at the auction and impulsive people might buy higher and get out by then..
11:40 Uttam : E making an outisde bar
11:40 Uttam : in NF
11:40 Boppanna : yep Vinay correct…just checking with Shai if he meant would wait?
11:41 Sudheer : NF vwap tag done
11:42 Vinay : if E closes inside IBL will be good… and what happens if it closes above C high..does anything change at all?
11:43 Uttam : NF forming ledge at 10855
11:43 Uttam : all 5 TPOs there
11:43 Boppanna : Jit SPX no longer interesting with 2540 done?
11:47 Jitender : shld b quiet till morrow
11:47 Boppanna : 1 hour done 🙂 in BNF 10:49 Jitender : guys..pls keepyr hail well oiled…lest u tear tem out..coz of inaction 🙂
11:47 Jitender : consensus is of a bounce with dovish fed
11:48 MJ : Jit gives all the timely alert.
11:48 MJ : Thank you Jit 🙂
11:48 Jitender : wc ji
11:48 MJ : Hdfc bank wants to turn green.
11:49 Sudheer : Bias is down for today atleast in BNF
11:50 Subhodeep : aint all the metals looking strong?
11:50 Uttam : greens at vwap in NF
11:50 MJ : Yes yes yes.
11:50 Uttam : COT 16k as of now
11:50 Sudheer : it all depends on the fill tht we get which defines the best entry i beleive
11:51 Sudheer : tht 7.8 k BNF .. i want him to be trapped 😛
11:52 MJ : Too close to 785 sudheer 🙂
11:52 MJ : Let’s get him for you.
11:52 Sudheer : yeah MJ
11:55 Boppanna : There was 11k red below 940 he might be exited in BNF
11:55 Boppanna : *have exited
11:57 Kathir : 11:48 MJ : Hdfc bank wants to turn green. – Mihir ordered hdfc
11:57 Uttam : 25k green at top here in NF
11:57 Uttam : snother 18k
11:58 Boppanna : looks like going for that MB high 70
11:58 MJ : 10840 to 10867 half out (10:34) MJ : Shubhodeep 15k with box is someone like me. Aggressive buyer.
11:59 Uttam : greens at vwap plus COT of 17K in that 5min bar did this in NF
11:59 Uttam : 10870 tagged above 10855
11:59 Boppanna : COT peaking
12:00 MJ : 10893 coming
12:00 MJ : ?
12:00 MJ : This is flurry of greens.
12:00 MJ : Bring me my 10900 bouyyyys.
12:00 MJ : Even vwapub is good 🙂
12:01 Sudheer : added BNF shorts at 985
12:01 Boppanna : 31 k might be a little late?
12:01 Sudheer : Stop 27020
12:02 MJ : Yes Bopp he came late and agressive.
12:02 MJ : Godbless.
12:02 Uttam : BNF poor highs getting poorer
12:03 Uttam : NF one tag to 1055 coming to make a nice bell
12:03 Shai : 33k late to the game
12:05 Vinay : Fiknally some good COTS on last 3 5 mins
12:05 Vinay : Thanks Shai for adjusting them..really helps..as i am already a little visually challenged
12:08 Uttam : (12:03) Uttam : NF one tag to 1055 coming to make a nice bell…10855*
12:09 Subhodeep : MJ : 10840 to 10867 half out (10:34) MJ : Shubhodeep 15k with box is someone like me. Aggressive buyer. gotcha
12:09 MJ : Update Shubhodeep. All out on that trade.
12:09 MJ : With the late buyer.
12:10 Sudheer : my bnf shorts atcost now avg 973
12:11 Boppanna : bots around Sudeer 🙂
12:13 Sudheer : option table still says 780 .. BNF spot just filled the gap at 26911.5 so expecting journey to day low again
12:13 Sudheer : but seeing the OF … it doesn’t support now looks like
12:14 Sudheer : except for that trapped 31k in nifty
12:14 MJ : 31k will sweat below 845
12:14 Sudheer : my stoploss at 27020 now
12:14 MJ : till then he is chill.
12:14 MJ : Or ibl.
12:16 Sudheer : come on BNF below DPOC
12:18 Uttam : yes BNF below 26960 will get weak
12:20 Subhodeep : @mj me too had entered at 840 out at 868
12:20 Sudheer : 27k put guys slowly started covering yesterday’s shorts
12:20 MJ : Nice one.
12:20 MJ : Congrats.
12:21 Subhodeep : tks
12:21 Subhodeep : done a few trades on the stock side as well
12:21 MJ : Staying above vpoc can touch yvwap.
12:21 Uttam : congrats Subhodeep 🙂
12:21 Subhodeep : with help from shai
12:21 Subhodeep : thanks mj uttam
12:21 Subhodeep : thanks for holding my hand and guiding me
12:23 MJ : 2110.75 to 2125.2 and hence bnf going no where 😉
12:23 Subhodeep : have to get confi to trade volume wise ont eh index
12:23 MJ : (11:48) MJ : Hdfc bank wants to turn green.
12:24 Subhodeep : so is hdfc mj
12:24 MJ : 🙂
12:24 MJ : Out in both bnf and nf.
12:24 MJ : Worked hard for that last trade 🙂
12:25 MJ : 17k reds here at 26996.
12:25 MJ : if COT of this 5 min bar in bnf goes 0 will be interesting.
12:26 Shai : steady above vwap- RS is not there
12:26 MJ : Yeah shai.
12:26 Shai : just some stuck buyers
12:26 MJ : Absent people.
12:27 Vinay : NF getting accepted in VAL??
12:27 MJ : Shai bnf good for Op+ra?
12:28 Shai : too narrow for anything decisive
12:28 MJ : Okay will continue ping pong.
12:28 MJ : based on OF.
12:29 Sudheer : will this 19k guy save me?
12:29 Sudheer : RS @ shai?
12:29 Subhodeep : mj kindly explain what you meant by op+ra
12:29 MJ : Op+Ra is in that box check in bnf 5 min.
12:30 MJ : It is shai’s secret sauce
12:30 Subhodeep : which chart bnf?
12:30 Subhodeep : mj bnf or nf should i check?
12:30 Boppanna : 5 min foot print Subh
12:31 MJ : yeah bnf 5 min I mentioned…
12:31 Subhodeep : okies
12:31 MJ : It is in both op+ra op-ra
12:31 MJ : Bopp. Move it move it please 🙂
12:32 Vinay : All : isnt the calc in IB Range wrong in NF today or is it always from pclose in case of a gap down?
12:32 MJ : Today those numbers don’t match Vinay. Some value is being taken.
12:33 Boppanna : IBH is wrong today or was it a freak tick?
12:33 Vinay : MJ it if takes pclose..then what it shows tallys
12:33 Subhodeep : @mj bop shall ask you to clear this query abt op+-ra later think i am blind..
12:33 Subhodeep : 🙂
12:34 Vinay : BOP same in NF too..if you meant BNF
12:35 MJ : Shubhodeep it is a calculation based on previous range that is a number that gets generated and comes on the screen. What it means that we might do op+ra or op-ra. Depending on the OF activity.
12:35 Subhodeep : okies
12:35 Subhodeep : read thru and thanks for tutoring 🙂
12:37 Subhodeep : one more area that begs your ttention in the 30 min tf chart of bnifty i see 2 vwap i knwo the lower one at 26971 as in i recognise ittm but what about the 27010 vwap
12:37 Subhodeep : diff tf is it ?
12:38 MJ : It is SD of vwap price.
12:39 MJ : 10940 10940
12:39 MJ : two orders up there.
12:39 MJ : in bnf
12:40 MJ : Thanks uttam 🙂 got nice trade again. (12:08) Uttam : (12:03) Uttam : NF one tag to 1055 coming to make a nice bell…10855*
12:41 Sudheer : exited all shorts at 27010
12:42 Sudheer : bad trade
12:42 MJ : Let’s get next one Sudheer.
12:42 Sudheer : yeah MJ thanks 🙂
12:43 Vinay : BOP did you figure out that IBH in NF anf BNF ??
12:44 Vinay : Sudheer…next one will be a bagger 🙂
12:45 Boppanna : No sometimes it happens just make Shai aware of it he takes a look EOD
12:45 Uttam : (12:02) Uttam : BNF poor highs getting poorer…poor highs repaired not lets have a Fa at top in BNF
12:45 Sudheer : yeah vinay hoping for best
12:45 MJ : NF wants to fix poor high.
12:46 Subhodeep : @mj meaning tht i t would make higher highs to in order to become a rich high??
12:47 Boppanna : RK value overlap so choppy?
12:47 Boppanna : in NF
12:47 RK : no Bop value lower..price trying to sustain in value
12:47 RK : lets see
12:47 MJ : Rich high. hahha! yeah right Shubhodeep.
12:47 Boppanna : ok thx
12:47 Uttam : yesterday’s POC in both not yet tagged
12:47 Jitender : bnf PEs have buyn
12:47 MJ : +1 J
12:48 MJ : 26800 looks juicy.
12:48 Vinay : NF looking for 890-95 ??
12:48 RK : fight between values..expect some volatility here
12:48 Subhodeep : just using word that i can remember hence rich high 🙂
12:48 Vinay : as predicted by Shai earlier
12:48 MJ : Vinay give me 10902 and I am very happy.
12:48 Sudheer : both at the edge of YVAL In spot
12:49 MJ : Sudheer where you see spot mp?
12:49 MJ : Trudata setup?
12:49 Vinay : RK would acceoting into VAL and sustaing abive yvwap negate that?
12:49 Sudheer : no ..its at breakingtrade.com
12:50 RK : no Vinay..need to tag POC and accept there to negate today lower value till then yday buyers under pressure
12:50 RK : once done that today sellers would feel pressure
12:51 Vinay : thanks RK..makes sense…so its pressure on the diff TF players that induces the move…
12:53 RK : no diff time players..imo its just yday local buyers Vs today local sellers
12:54 Sudheer : ideally if today is a negative day we should have a trap to the upside by 1.55PM like yesterday we had one to the downside
12:54 MJ : Rk so in normal words. Till any poc is not touched. Val stayes lower or higher depending on previous levels?
12:54 Vinay : Thanks RK
12:56 Vinay : RK if rejection is a stronger signal…isnt it indicating a stronger rejection from dvah and more acceptance into VAL
12:56 RK : MJ is..when you have lower range days better to have POC as measure to decide acceptance/rej
12:57 MJ : Gracias Rk.
12:57 RK : larger range bell means value extreme with sm filter is fine
12:57 RK : but whnever you have good bell its poc good gate to shut or open floods
12:57 Shai : Intra- short banknifty 27000 sl of 27085 tgt 26870
12:57 Sudheer : thanks RK for the learning in MP … getting to learn new things
12:57 Uttam : BNF just in time to leave that probable FA
12:58 Uttam : at 27023
12:58 RK : welcome Sudheer
12:59 Uttam : but needs to stay below 27k & break that 26975-960
12:59 Varun : poor high and third attempt at vwap
12:59 Varun : if vwap goes the dval and day low in sight #rotation day
12:59 Sudheer : wht’s the key support level in bnf yesterday’s BNF auction ?
12:59 Sudheer : 27040?
13:00 MJ : Break of dval is invite for dLO.
13:00 Uttam : we had a ‘p’ profile yesterday Sudheer so POC of that at 27085 imp ref
13:01 Sudheer : oh cool .. makes sense
13:01 Sudheer : for a case of distribution if any
13:01 MJ : One point you always remember from previous profile is the poc and yvwap. always helps plan the trade.
13:06 MJ : Done! (12:45) MJ : NF wants to fix poor high.
13:06 Shai : Exit the BNF positioons at 27020 here
13:10 Sudheer : want to see something similar to yesterday’s 31k on the opposite side
13:10 MJ : Gracias (12:00) MJ : Bring me my 10900 bouyyyys.
13:10 Shai : BNF short would have been better if made way below IBH
13:10 Shai : at this point that POC at 27080 is too strong to clal this auction abv IBH
13:10 Shai : NF made it to ypoc
13:18 Sudheer : green band in 10800pe
13:18 MJ : 27055 high… (12:21) MJ : Staying above vpoc can touch yvwap.
13:18 Sudheer : and pink band in 10800ce
13:23 Boppanna : SHai NF has steam left to finish 80% to yvaH?
13:24 Sudheer : BNF can test that YPOC of 27085 now
13:25 Uttam : NF Neutral Day here did 1.5 IB down & now 1.5 IB upside
13:25 Uttam : 10904 2IB
13:25 MJ : Coming uttam 🙂
13:25 Uttam : BNF 2IB ast 27073
13:26 Uttam : 10880 ext handle in NF
13:26 Shai : yes going for neut extreme the NF
13:26 Shai : still one time frame up post C
13:26 MJ : +1 shai
13:27 Uttam : C period ext again proving to be a failure today
13:27 Shai : +1
13:27 MJ : Shai quick check vwap bands are 3sd. you’ve mentioned. But can’t find in my notes.
13:27 Shai : 3sd
13:27 MJ : Thanks 🙂
13:27 Vinay : Uttam +1
13:27 Sudheer : +1
13:28 Uttam : so on days when D does not extend C down be careful with those positions
13:28 MJ : This also done (09:49) MJ : 80% of yest value lets do.
13:28 Shai : it’s been so slow that it would really not give you confidence when you are seeing D, E, F , G happen
13:29 Uttam : yes but post C both MF & BNF were making higher highs & higher lows except for one outsie bar in BNF Shai
13:29 MJ : Yes shai the core reason was low volume game. You can understand todays auction better if you are a test match fan.
13:32 Uttam : NF made a miscalculation in the morning
13:33 Uttam : the earlier 2-day balance was at 10833-10818-10797
13:33 Uttam : from where C got rejected today
13:38 Varun : since c period we have one f also
13:38 Varun : tf
13:39 Uttam : yes Varun
13:39 Uttam : https://vtrender.slack.com/archives/C0F2X2TFW/p1545120582000500
13:42 Subhodeep : ut what is pdvwp in red in the 5 mn tf chart mj uttam ?
13:43 Uttam : prev day vwap
13:43 Subhodeep : then what is yvwap
13:43 Uttam : all these days we were holding insite of US markets falling & now when Shai is giving a bounce there wonder how will ut markets react 😉
13:44 Uttam : its the same Subhodeep
13:45 Subhodeep : but then why do we have two values being given as output
13:45 Subhodeep : pdvwp was 10892.xx
13:45 Uttam : what are the values?
13:45 Uttam : 1 point chage?
13:45 Uttam : may be cos of 5min & 30min calculation
13:45 Subhodeep : ok
13:45 Uttam : you can ake it as avg of both 😉
13:45 Subhodeep : that explains it
13:45 Subhodeep : diff tf
13:45 Shai : one time frame broken now
13:46 Uttam : yes both making lower lows
13:46 Subhodeep : @so that means the shorter tf got ken shai?
13:46 Varun : @shai i period has hh /hl
13:46 Uttam : IBH vwap alignment & test in the next 30mins will be nice
13:47 Uttam : J already lower low Varun
13:47 Varun : cool, i was seing only i
13:47 Uttam : 🙂
13:47 Uttam : I Me Myself 😉
13:47 Varun : position bias
13:48 Varun : 🙂
13:48 Uttam : till vwap defended mostly NeuX up
13:48 Uttam : 10880 ext handle tageed
13:50 MJ : ID Longs getting out.
13:50 Uttam : 10855 coming in NF?
13:51 Uttam : to make a smooth bell
13:51 MJ : Uttam loves his 855 number
13:51 Uttam : that ABCDEF standing out there like a door to be broken 😉
13:54 Uttam : afternoon pull back done?
13:54 Sudheer : anyone for new high in BNF?
13:55 Uttam : BNF low of this dip 26965 so till that holds can close at highs
13:55 Uttam : NF low 10867 just above vwap
13:57 Sudheer : will buy above 27025
14:01 Vinay : Sudheer if one were to play the same BNF levels in options..which CE should one buy ITM/ATM/OTM ?
14:02 Sudheer : OTM one strike away from spot would be best as that will become next ATM and ATM’s has highest premiums always
14:07 Uttam : 38k green at top of this 5min bar in NF
14:07 Uttam : looks like a SL order
14:08 Uttam : 10930 coming by close today?
14:08 MJ : Get that 120 in bnf
14:09 MJ : Shorts will feel the chills?
14:09 Tejus : is the 48k is also sl order?
14:10 MJ : 80 mins still to go.
14:10 Sudheer : Shorted BNF at 27040
14:10 Sudheer : Stop of 27055
14:10 Sudheer : last trade of the day … so much confusion in mind
14:11 Sudheer : will avoid if this doesn’t workout
14:12 Uttam : poor highs in NF
14:12 Tejus : can short nifty at DHI level?
14:12 MJ : Are are.
14:12 MJ : bnf tib.
14:12 MJ : 2ib.
14:13 MJ : Shai again 18280 18280 order
14:13 MJ : Just like this (12:39) MJ : 10940 10940
14:14 Vinay : MJ can you please help understand when you have a chanve
14:15 MJ : 54k seller. bnf
14:15 MJ : Vinay what part?
14:15 Boppanna : BNF drunk or 54k seller
14:15 Uttam : yPOC tagged in BNF
14:15 Sudheer : haha @BOP
14:16 MJ : 21 short of op+ra :)) All out (12:27) MJ : Shai bnf good for Op+ra?
14:16 MJ : Thanks Shai.
14:16 MJ : That mystery number of op+ra-ra is too good.
14:17 Vinay : (14:13) MJ : Shai again 18280 18280 order(14:13) MJ : Just like this (12:39) MJ : 10940 10940
14:17 Vinay : (14:13) MJ : Shai again 18280 18280 order(14:13) MJ : Just like this (12:39) MJ : 10940 10940
14:18 MJ : 1410 bar check two greens in bnf at top.
14:18 MJ : Earlier at 1235 bar too we had a similar order of 10940 10940. It might be a bot order/algo order.
14:19 Vinay : aah ok thanks
14:20 MJ : My eyes are glued to patterns. So I keep finding them Vinay 🙂
14:22 MJ : Shai that 54k fresh sell in bnf?
14:25 MJ : Thanks Vinay (12:48) MJ : Vinay give me 10902 and I am very happy.
14:25 Vinay : Last two NF bars going up on huge neg COTs ..what does that indicate
14:26 Kathir : -19 k cot bnf ?
14:27 MJ : Hamlaaaa!
14:27 Boppanna : RK govinda crowd?
14:27 RK : 3IB bop
14:27 RK : 10930
14:27 Shai : 10930
14:28 Boppanna : BNF 210?
14:28 RK : yes 205 next ref for me
14:28 MJ : Bopp. Kardo 🙂
14:28 Varun : one tf after gap fill means gap buyer has done its work well
14:29 Varun : gap down rejected means bears bad job
14:29 Varun : tmrw a gap up also possible
14:29 MJ : 11k before christmas.
14:30 MJ : Will hurt a lot of people who might think that this will still stay a sideway month.
14:30 Vinay : MJ you been saying it a few times now..haha
14:30 MJ : 🙂
14:30 Vinay : Uttam where are the Fa
14:31 Vinay : FAs in NF and BNF and targets
14:32 MJ : Bears fucked it like India team selection.
14:32 MJ : Lets see if they bounce back in december.
14:33 Himanshu : we have RE at 10895?
14:33 MJ : Ohoo. 1 more hour.
14:35 MJ : When you have information make the most of it. 2111 to 2143 🙂 (11:48) MJ : Hdfc bank wants to turn green.
14:35 Boppanna : Nice MJ
14:35 MJ : Thanks bopp 🙂
14:35 MJ : asked shai too.
14:35 Jitender : aur karo Loan waiver 🙂
14:35 Jitender : 2 more states to go for it
14:35 MJ : Jit was busy punching orders is it?
14:35 Boppanna : Going for Shai’s 260 I think BNF
14:36 MJ : Wonderful day.
14:36 Uttam : (14:08) Uttam : 10930 coming by close today?
14:37 MJ : I doubt if anyone till ib was confident about green close 🙂 googly this was.
14:37 Uttam : (13:54) Uttam : afternoon pull back done?
14:38 MJ : Uttam your 855 was a give away. 🙂 Thank you.
14:38 MJ : Toughest was to let ces run.
14:39 Uttam : (13:48) Uttam : till vwap defended mostly NeuX up(13:55) Uttam : BNF low of this dip 26965 so till that holds can close at highs
14:39 Boppanna : +1 Uttam
14:42 Uttam : can we do 10970 today?
14:42 Jitender : u scaled the everest today Uttam 🙂
14:42 Uttam : why Jit?
14:42 Jitender : bnf..i meant
14:43 Jitender : looks at the mountain being carved in 5mins
14:43 Uttam : BNF going for that 27330-340 levels completing the 2atr of 26770
14:43 MJ : Bnf going emotional.
14:44 Varun : @shai @uttam if a stuck buyer/seller gets an good exit hardly we get a counter move
14:44 Varun : at ibh we had a stuck buyer, ince he got an exit 80% rule was plr
14:44 Shai : +1
14:44 Uttam : nice Varun +1
14:45 MJ : Varun means his exit can be a good ref to go long?
14:45 Varun : @shai any reasond for removing delta
14:45 Varun : from underneath
14:45 Varun : and ddivergence ?
14:46 RK : Varun if you are talking about 35K it was stuck seller around 868 who quit in that swing
14:46 Shai : Delta does not work anymore @varun .
14:46 Shai : But it is not removed it is in white for a ref
14:47 Varun : even on ra=otaton days ?
14:47 Shai : abv the bar
14:47 Varun : no dd in last pane
14:47 Uttam : 27220 was a vpoc in BNF & above it we have 27290 which was an FA plus a swing high on daily
14:47 Shai : even on roaotional days
14:47 Varun : even red/green delta
14:48 Varun : point is when thr is big thump at extrmes and delta is opp
14:48 Varun : it says ice berg orders
14:49 Shai : yes that one case where we have a large order then it does
14:49 Varun : actually the only point to see dd is at extremes
14:49 Varun : cios rest of cases its dtf fighting
14:51 Varun : outside day
14:51 Varun : imp ref
14:52 Himanshu : todays RE varun ?(14:48) Varun : point is when thr is big thump at extrmes and delta is opp(14:48) Varun : it says ice berg orders(14:49) Varun : actually the only point to see dd is at extremes
14:53 Himanshu : todays RE varun? (14:51) Varun : outside day(14:51) Varun : imp ref
14:54 Boppanna : Shai such a contra move in India relative to globe last one week …market still expecting some news here.. of course election day was a turnaround.. still?
14:55 Shai : yes Varun – on the same page there
14:55 Shai : Bopp 820- 980 balance zone
14:57 Jitender : 2mrw gap up……hehe
14:57 Varun : yes re
14:57 Varun : needs to hold 900
14:57 Varun : infact dnt test ttoday
14:57 MJ : Jit how you’d say bnf was wet and wild 🙂
14:57 Varun : then this sis otf
14:58 Varun : is
14:59 Himanshu : menas if RE holds we can assume its OTF?
14:59 Varun : yes
14:59 Varun : always
15:00 Himanshu : okk thanks varun
15:01 Praneeth : shia, bnf close at DH?
15:02 Praneeth : *shai
15:03 Rajiv : RE stands fro?
15:03 Varun : range extn
15:04 Rajiv : Thanks
15:04 Subhodeep : mj you r 10900 done and suted
15:04 MJ : 🙂
15:05 Vinay : tomorrow OAOR ?
15:06 Subhodeep : good day across the board for the bulls over here it seems
15:06 Himanshu : rk BNF closing at extreme from value.. lesser chance for holding tommorrow?
15:06 Subhodeep : vinay thanks for asking the sam equstions that crop up in my mind
15:06 Subhodeep : thanks
15:06 RK : depends on how it creates value tmw first session..
15:07 RK : my worry not about tmw..but about today close 🙂
15:07 MJ : Uttam: Vwap now almost at ibh. Makes it fair for the NE closing 🙂
15:07 Subhodeep : hahah rk
15:07 RK : it has 100+ leg above this high
15:07 Uttam : are we making another new high for the day?
15:07 MJ : Let it go.
15:07 Subhodeep : so ineffct a revisit to 11k?
15:07 RK : NF 10950 scale better today Uttam
15:08 Uttam : yes RK thats a selling tail in NF
15:08 Uttam : else your 3IB comes into play tom 😉
15:09 Vinay : Uttam..short covering tomorrow from earlier time frames..
15:09 Varun : todays price actio is rock solid bulls
15:09 RK : 14sep high was 27290 in BNF now above composite P again this spike
15:09 Uttam : yes Varun they just need to open higher tom 😉
15:09 Varun : so abv 900
15:10 Varun : dnt think to short
15:10 Uttam : yes RK …(14:47) Uttam : 27220 was a vpoc in BNF & above it we have 27290 which was an FA plus a swing high on daily
15:10 Varun : for me
15:10 MJ : +1 Varun.
15:10 MJ : 27333.
15:10 Uttam : NF new highs coming
15:11 Uttam : BNF first
15:11 MJ : Kathir: Lets take 300 from that poc 😉
15:11 MJ : Will ya?
15:13 Boppanna : This was for the bots RK ?..15:07 RK : NF 10950 scale better today Uttam
15:13 Sunder : the charts are frozen ?
15:14 Uttam : working fine Sunder
15:14 Sunder : hmmm. not on my screen !!
15:14 Uttam : refresh once may be internet bandwidth issue
15:17 Uttam : 27275 high in BNF
15:17 Rajiv : If we close around here does the 80% rule comei into play?
15:17 Uttam : ext handle of 27070 now imp level
15:18 Uttam : spike rules in play in both though NF is also a NeuX
15:18 RK : 27294 5IB?
15:19 MJ : 294 will do RK.
15:19 MJ : I want 330 though.
15:19 MJ : 😛
15:19 Uttam : 290 will also do RK 😉
15:20 RK : ok 9 mins for 40in NF and 15in NF
15:20 RK : lets see
15:20 Uttam : yes to the dot it is 27294
15:22 Uttam : BNF boom
15:23 Dhaval : super RK & uttam
15:23 RK : not super until done
15:24 Uttam : 11 points and 5 mins
15:25 MJ : Bots what is 7 + aus innings total?
15:25 Uttam : 11 points in both NF & BNF needed
15:25 MJ : Coming uttam coming.
15:26 MJ : bnf ka lag raha hai. nf you take care 😛
15:26 Uttam : 180 seconds hai tumahre paas 😉
15:27 Jitender : hope raga announces loan waiver fr other 2 states as well
15:27 Uttam : and some loans for us to do trading 😉 that too interest free ;-p
15:28 Jitender : 🙂
15:28 MJ : NF listening to you Uttam. At least making new highs.
15:28 MJ : Bye everyone. Wonderful day. See you tomorrow.
15:29 RK : no 10950 scale means I have only two options for bull run to continue a) higher chance for bracket to resume and profiles say so b) need a good gap up above 10990 tmw
15:29 Vinay : extremely good vols and COT in NF in last 30mins
15:29 Jitender : bye all
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 TP : Bye All.
15:29 Uttam : RKgap up possible if US gives that reversal today
15:29 Uttam : thanks All 🙂 have a lovely evening
15:30 Jitender : does US matter
15:32 Vinay : bye all


10:03 Subhodeep : shai your views for intraday on jubfood and hul
10:15 Shai : HUL is an OAOR. no edge for intra here but gets weak below 1840 for 1928
10:15 Subhodeep : thanks shai
10:16 Shai : 1288 and 1300 res for the upmove of today in jublfood
10:16 Subhodeep : thanks a ton
10:45 Subhodeep : shai your views on swing/positional basis for ubl been observing it since 1262 1274 range… the moves happend before i could react dont have too good an experience having traded this
11:33 MJ : Shai ID levels for hdfc bank please. Thanks.
11:42 Gaurav : Shai can buy ZEE December here to 510?
13:15 Subhodeep : @shai can infy or an quick id be a good time to long at 682 683 elvels?
13:16 Subhodeep : for a percntage point or a new day high?
13:31 Pradeep : @Shai: Can you let me know your views on Mindtree. Is it a good long towards 865?
13:35 Subhodeep : pdvwp yvwap please help me with teh full forms
13:35 Subhodeep : pdwp sorry
13:35 Subhodeep : pdvwp
13:36 Subhodeep : yvwap would mean yesterdays vwap?
13:37 Subhodeep : but what is pdvwp in red in the 5 mn tf chart mj uttam ?
13:47 Shai : 1394 obj of the move in UBL
13:48 Shai : is also a buy near 1330 on a pullback tom
13:49 Subhodeep : thanks shai
13:49 Shai : 2120 supply working in hdfc
13:49 Shai : can do 2107 again
13:51 Shai : zee could be moving down to 447
13:51 Shai : not confident of a buy here
13:51 Shai : review at 447
13:51 Subhodeep : seems lke ubl ina mood to get obj done
13:51 Subhodeep : today itself
13:52 Shai : infy 687/ 689 day obj with sl of 675
13:53 Shai : mindtree at recent lows with no confirmation of high value buying yet
13:53 Shai : 833 is ythe old buyer
13:53 Shai : can hold 830 sl for 870
14:04 Pradeep : tx Shai
14:05 MJ : Thanks shai
14:10 Shai : zee dropped down quickly to 454 in a WTH move
14:10 Shai : some news?
14:10 Shai : trend day down – getting sold again here 464
14:36 Gaurav : Zee yes i guess some downgrade news
14:36 Gaurav : looked a decent long at close yesterday
15:03 Subhodeep : @shai would it be fair to say obj for indusindbank now is at 1662 1670 rang ?
15:06 Shai : okay Gaurav. Hope you were not long in it
15:07 Shai : 1662 can come
15:19 Gaurav : nope did not take the trade

Order Flow charts dated 18th Dec