Month: April 2019

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

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

NF

NF (May)


BNF

BNF (May)


Room Chat

09:07 Vtrender Live : (09:05) Vtrender Live: option charts – https://join.me/350-226-085
(09:07) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/432129189

11:24 Shai : (11:24) Shai : Trade- Buy 29800 PE at 180- 182 sl of 139 tgt 250/ 280

11:41 Shai : (11:41) Shai : exit the 29800 pe at 152 cmp

11:44 Shai : (11:44) Shai : Intra – Buy NF 11630 sl of 11605 tgt 11673.

11:59 Shai : (11:58) Shai : NF at 11649 . Book full profits here .
(11:59) Shai : Aggressive traders can trail half at 11630

14:55 Shai : (14:55) Shai : Buy 29600 pe at 180 and 160 in 2 parts. Maintain a sl of 132 tgt 280.


09:05 Vtrender Live : option charts – https://join.me/350-226-085
09:07 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/432129189
09:07 Chandrashekhar : GM all
09:08 Shai : GM all
09:08 Shai : https://vtrender.in/market-profile-analysis-dated-22nd-apr/
09:08 Subhodeep : GM ALL
09:10 Lokesh : GM All
09:10 Jitender : Gm Folks 🙂
09:14 Shubro : GM everyone
09:15 TP : GM All.
09:17 Rahul Desai : Goodmorning everyone
09:18 Himanshu : GM All
09:18 Shai : 11676 F obj of the open
09:18 Hari : GM All
09:19 Shai : BNF for 29930/ 970
09:19 Uttam : Good Morning All 🙂
09:21 Thanika : Good morning Uttam!
09:23 Thanika : Shai, super prediction on BNF level 920 yesterday!
09:23 Govind : Good morning guys 🙂
09:24 Shai : No prediction, it is market profile – (09:23) Thanika : Shai, super prediction on BNF level 920 yesterday!
09:24 Rajiv : Shai has the BNF and NF spike down got rejected
09:24 Shai : BNF selling and hesistaion at 26930 zone
09:25 Shai : NF may attempt higher a few points more
09:27 Anubhav null : ywap resistance
09:28 Chandrashekhar : Shai/Uttam can we say this as OAIR
09:28 Shai : open move looks done now
09:28 Shubro : vix at 25 !
09:29 Shai : 26915- (09:19) Shai : BNF for 29930/ 970
09:29 Shai : 11653- (09:18) Shai : 11676 F obj of the open
09:29 Shai : anticpation is a dideways zone with above 2 levels providing imm supply
09:32 Uttam : @Chandrashekar, NF is an OAIR & BNF seems to be an ORR up
09:32 Uttam : need to chekc if it has vols below PDL
09:34 Uttam : BNF also playing the 45 degree rule at open
09:35 Anubhav null : fii n dii dint sell much in cm yesterday
09:35 Shubro : what is the 45 degree rule Uttam?
09:35 Shubro : any link would be useful
09:35 Anubhav null : it was hni driven fall i think
09:36 Shubro : 59k buyer rolling or fresh?
09:42 Shubro : BNF big range already Uttam for opening?
09:43 Shai : that’s a roll at 11722
09:44 Shubro : ooops is he upside down now
09:46 Shai : won’t be
09:46 Shai : it’s a roll – larger TF
09:47 Shubro : hmm ok
09:47 Uttam : for now RS in both Shai? at 11650 & 29896
09:47 Shai : yes
09:47 Shubro : Shai USDINR overdone might revert or upward ho?
09:47 Anubhav null : vwap gone
09:48 Shai : 69.58imm supp usdinr
09:48 Shai : can bounce if held
09:49 Shubro : ok
09:50 Jitender : 24.92 vix
09:50 Govind : Looks like BNF is forming a ‘p?’
09:50 Govind : Short covering rally
09:50 Hari : yes Jit, hands behind back at this Vix leve
09:52 Himanshu : C Low imp today – Uttam & Jit
09:54 Shubro : Shai a b prev day and then p next day – interpretation?
09:54 Shubro : sideways movement because price being agreed here?
10:01 Anubhav null : some rb
10:02 Shai : won’t be a P today
10:02 Shai : either a D or a breakdown
10:02 Govind : Yes…Day’s low nearby
10:02 Govind : in NF
10:03 Jitender : st line up n down
10:03 Jitender : for a change..m -1 DT
10:04 Govind : It is only 10am Jit, am sure you’ll be up +2DT by 11am 🙂
10:05 Jitender : tx bro…
10:05 Jitender : lets c
10:05 Himanshu : was yday – 1DT
10:05 Govind : earnings season coupled with elections is NOT a good combo
10:06 Himanshu : crude spoiling show – I guess
10:06 Jitender : thought vwap mite gv a bounce
10:06 Govind : am barely breaking even on my strangles…far cry from last Q
10:06 Shubro : oh man bad time for strangles in this VIX enviroment
10:06 Himanshu : Jit – u said yday u wud call up trump for required tweet
10:07 Shubro : annoucement made officially Himanshu no tweet required
10:07 Boppanna : Shai mentioned EOD yesterday BNF Plan is to short the rise and 920 was the zone he pointed on the dot 200 down from there
10:07 Himanshu : if crude f drops 100 bucks BNF is back in game
10:07 Govind : Shubro, some stocks IV is at HV levels…I trade only those…
10:07 Shubro : okok
10:08 Himanshu : Shubhro – Announcement was on iran sanction
10:08 Shubro : yeah but waivers cancelled
10:08 Himanshu : which triggered rally – was any other follow up news to that
10:08 Himanshu : yes
10:08 Shubro : nopes
10:09 Himanshu : ohk – so now is china’s turn to armtwist – US
10:09 Jitender : who ever was buyn yday..used the thin vols at open to exit
10:09 Uttam : 11588 coming in NF?
10:09 Himanshu : yes
10:09 Himanshu : Uttam are volume higher today ?
10:10 Boppanna : IMO 770-780 zone on watch now if trailing for shorts
10:11 Uttam : (09:47) Uttam : for now RS in both Shai? at 11650 & 29896…PLR is down so short on bounces & any good signal from OF
10:11 Boppanna : +1
10:11 Uttam : 11650pe from 59 to 79
10:12 Shubro : big cots on 30 min no Uttam?
10:13 Himanshu : if today OF support comes in BNF – post 1 – short covering will be huge – hope it does not break today low prior that
10:14 Uttam : NF making new swing low here on both daily as well as weekly
10:14 Uttam : previos was 11605
10:14 Anubhav null : bounce coming
10:14 Jitender : congo Uttam
10:14 Uttam : thanks Jit 🙂
10:15 Anubhav null : above vwap its confirmed that close will be higher
10:18 Uttam : 11589 is a weekly POC
10:19 Uttam : NF needs to stay below 11606 & BNF below 29743 for more downside
10:22 Jitender : phew..was long at 820..avg at 710…out at 770…loss recvrd
10:22 Uttam : morning RS of 11650 & 29896 now looks covered at RB of 11606 & 29743
10:23 Anubhav null : greens
10:24 Uttam : IB on 5min at 11615
10:25 Boppanna : Shai making a D?
10:25 Uttam : May NF needs to stay above 11700 for more confirmation that these greens are buyers & not covering orders
10:26 Uttam : @Bops nice balance
10:26 Shai : yes – (10:25) Boppanna : Shai making a D?
10:26 Shai : RS got a RB
10:26 Shai : so D in higher prob
10:26 Uttam : +1 Shai
10:26 Uttam : only responsive activity sofar
10:27 Uttam : and after the imbalance of last 2 days balance to banta hai 😉
10:28 Boppanna : 29700ce at 225 isn’t that a little high?
10:29 Boppanna : price wise
10:29 Jitender : 25.14 vix
10:32 Anubhav null : above vwap 11670 possible
10:36 Rajiv : Guys do you think Mota is making a move
10:39 Himanshu : Rajiv – tdays – DII – FII figure on cash will be in 4 digits
10:39 Himanshu : looking at order flow of Reliance in spot
10:40 Himanshu : can’t say – making move but higher volume atleast indicates support to NF
10:41 Himanshu : if breaks above 1365 – in second half then your guess wud be right – lets have opinion of chief
10:43 Subhodeep : u have of ocharts of ril spot or are you lookign at depth ?10:39 Himanshu : looking at order flow of Reliance in spot
10:50 Himanshu : no looked at chart
10:50 Shubro : VIX 25.28
10:50 Himanshu : TA chart – not MP
10:52 Himanshu : greens in NF
10:53 Himanshu : Jit – Uttam – your take pls
10:53 Jitender : bal bet RB & RS
10:53 Jitender : 770-820 mini bal zone
10:54 Himanshu : ok thanks – 29500 & 29400 Pe short now wud be safee
10:55 Jitender : abv 750 yes
10:56 Shubro : Himanshu selling these yeah?
10:56 Himanshu : ok
10:56 Himanshu : yees
10:57 Jitender : but risky ..so have Sl’s handy
10:57 Himanshu : yees
10:57 Himanshu : want to scalp only will exit on eveery spike
10:57 Shai : can dip to 29655F
10:57 Shai : sl of 29840
10:58 Himanshu : HMM thanks
10:58 Shai : 11676/ 29730 F supply now toll 2.30 – (09:18) Shai : 11676 F obj of the open(09:19) Shai : BNF for 29930/ 970
11:01 Himanshu : go beta bnf
11:02 Himanshu : 29840 – exit on 29500- 400 Pe
11:02 Shubro : nudge it Himanshu
11:02 Shubro : then kick it
11:07 Himanshu : well am out on 29500 Pee –
11:08 Himanshu : 83- 72
11:08 Himanshu : with high Vix – contra trade can kill me in notimee
11:08 Himanshu : holding 29400 PE short
11:09 MJ : Good morning room.
11:10 Himanshu : some hw am not able to short call – with recent memory of BNF beast in last 3 weeks
11:15 Subhodeep : gm m
11:16 Himanshu : GM – Mj
11:16 Uttam : BNF coiling here with every TPO being inside the previous once
11:16 Uttam : one*
11:16 Himanshu : Aur ky naya taja khabar – today voting in my statee
11:17 Himanshu : Uttam – any chance of kissing A singles on up – meean test of 928
11:18 MJ : Himanshu entire Guj has single phase election right?
11:19 Himanshu : yes
11:21 Himanshu : only 28 seats
11:23 Himanshu : 26 Seats*
11:24 Shai : Trade- Buy 29800 PE at 180- 182 sl of 139 tgt 250/ 280
11:24 Shubro : Shai this time lets make it go that 29800!!
11:24 Shubro : straight bloody line
11:25 Shai : we may have to wait on this for a while
11:25 Shai : yeah but path looks down
11:30 Uttam : srops getting hit in BNF looks like?
11:30 Uttam : stops
11:31 Himanshu : exite 29400 Pe
11:32 Subhodeep : shai id wise abvoe waht levels on nf current would you turn a buyer?
11:32 Subhodeep : 11636?
11:34 Shai : 11676
11:34 Subhodeep : ok
11:36 Subhodeep : lets try an dget there :))
11:38 MJ : Aye Subho. lets.
11:40 Govind : RIL looking to take out yesterday’s high…will be interesting if it does for both NF and RIL
11:41 Shai : exit the 29800 pe at 152 cmp
11:43 MJ : NF profile look like 3-1-3 in the making.
11:44 Shai : Intra – Buy NF 11630 sl of 11605 tgt 11673.
11:44 Himanshu : Ril take out Ydah
11:45 Shai : BNF may want to test 29930
11:45 Shai : change of mode there
11:45 Subhodeep : one big boy not playing together- hdfc bank
11:46 Uttam : IB in both on 30mins
11:46 Uttam : PLR up now till 11626 & 29840 holds
11:55 MJ : Now series poc 11644.2
11:58 MJ : 80% of Series Value can be done?
11:58 Shai : NF at 11649 . Book full profits here .
11:59 Shai : Aggressive traders can trail half at 11630
11:59 MJ : +1 shai
12:01 Shubro : great call Shai +1
12:01 Shai : Cheers
12:01 Subhodeep : yep shai great call
12:02 Subhodeep : happy could get yo uto change the view for the good old rk rotations 🙂
12:03 MJ : 13k fella. Behave.
12:04 Shubro : greedy fella
12:04 MJ : Lol
12:05 Shubro : lets see if he goes upside down
12:06 Jitender : below 820
12:06 Shubro : but poor high now no Uttam?
12:08 Shubro : O teri me thinks Shai is going to give that 29800 signal again 😛
12:09 Jitender : 880-820 dne
12:09 Jitender : (10:22) Uttam : morning RS of 11650 & 29896
12:09 Shubro : +1 Sir!
12:10 Jitender : 0.4 away from DT now
12:10 Thanika : Will the poor high in NF be tested?
12:10 Shubro : 820 holding so far
12:11 Shubro : gaya
12:11 Jitender : 11.7pe 76-86 dne
12:11 Jitender : didnt make the morn mistake again 🙂
12:12 Shubro : what was that Jit?
12:12 MJ : If we hold vwap zone. Thanika can attempt to tag poor high.
12:12 MJ : Though series of reds here.
12:12 Boppanna : Nice one Jit 770 in BNF
12:13 Thanika : Thanks MJ !
12:13 Jitender : Shubro (10:03) Jitender : for a change..m -1 DT(10:22) Jitender : phew..was long at 820..avg at 710…out at 770…loss recvrd
12:14 Himanshu : hdfc bank weak
12:14 Anubhav null : ywvap again stopped the bulls
12:14 Shubro : ok
12:14 Himanshu : and will sink BNF today
12:14 Jitender : ignored the fall at 920 bnf as Shai had pointed out yday
12:15 Shubro : bell in BNF forming now lower half to smoothen out?
12:15 Subhodeep : add kotak bank to that list himanhshu of weak ones
12:16 Jitender : still intact (10:53) Jitender : bal bet RB & RS
12:17 Shubro : now action after 2 it seems
12:17 Jitender : Shai..any signs of distribution at Day Highs on a MT being started ?
12:18 Jitender : bnf dwn almost 1000 after scalinh new LThs
12:23 Subhodeep : jit Mt =monthly tf?
12:23 Jitender : medium
12:23 Subhodeep : ok
12:24 Himanshu : Hdfc bank spot new low of teh day
12:25 Himanshu : 2242 – is level – cnbc anylst gavee
12:26 Shubro : battle to hold 790
12:26 Shubro : sellers doing poor job Shai?
12:28 Himanshu : crude up again today – Rs weak – HDF weak – receipe for break down i guess
12:29 MJ : Shai USDINR roadmap if you can? thanks.
12:29 Subhodeep : shai when you have time please take a galnce at tab 2
12:33 Uttam : (12:09) Jitender : 880-820 dne…nice Jit that RS still there in BNF & last bar came at 29872
12:33 Jitender : 29.8pe 177-204…DT done
12:33 Uttam : RS in BNF looks like being followed here by IS?
12:33 Jitender : finally
12:33 Uttam : congo Jit 🙂 keep rocking
12:34 Jitender : tx bro…support of all u guys keeps me motivated
12:34 Uttam : 29792 new res in BNF now
12:34 Shai : 30500 call at 22 sl of 35 for 0
12:34 Uttam : NF looks like giving a FA in form of poor highs today
12:34 Jitender : 30.3ce call yday pointed at 73..now 36
12:35 MJ : Awesome stuff J.
12:35 Jitender : +1
12:36 Uttam : probable FA at lows in 11650pe
12:38 Shubro : Shai 29800 PE again ?
12:38 MJ : 148 to 215 in that 29.8k pe (12:03) MJ : 13k fella. Behave.
12:38 Shubro : nice
12:39 Shubro : BNF Lows done?
12:39 Boppanna : D it is so far
12:42 MJ : Shubro IMO still rotating. One side being taken out will give good trade.
12:48 Shubro : thanks MJ
12:49 Shai : +1- (12:34) Jitender : 30.3ce call yday pointed at 73..now 36
12:50 Shai : that 29800 pe has a good base near that 140 mark
12:50 Shai : can take longs around that zone with sl beow 120
12:50 Shai : has worked well for me all through yesterday
12:51 Uttam : both look like getting ready to make new lows
12:53 Uttam : 58k red
12:53 Uttam : rollover?
12:54 MJ : Yes
12:54 Uttam : yes roll it is
12:54 Uttam : green in May
12:54 Jitender : hv 2 go guys..tc
12:54 Uttam : cya Jit
12:54 Jitender : c u morrow
12:54 MJ : Round digit lows for hdfcbk trackers.
12:55 Shubro : bye bye Jit
12:55 Uttam : RB of 11620 needs to go for more downside in NF
12:56 Uttam : 11588 expected in it
12:57 MJ : @Shai what is net COT for April?
12:57 MJ : Day COT?
12:58 Lokesh : 2.25L
12:58 MJ : That’s may Lokesh.
12:59 MJ : 30 min gotomeeting?
12:59 Lokesh : Yeah
12:59 Lokesh : Sorry
13:00 Shubro : Uttam FA in BNF at top?
13:01 Himanshu : HF bank spot reccoveering think day is saved
13:01 Boppanna : Shubro BNF still within A no FA
13:01 Uttam : no FA
13:01 Shubro : NF on to repair the poor highs?
13:01 Shubro : ok thanks Uttam
13:01 MJ : Aye shubro 🙂
13:02 MJ : Karado aab ki baar.
13:02 Uttam : yep NF looks like going for that 11673 tag
13:02 Himanshu : ye low
13:02 Himanshu : lo *
13:03 Himanshu : jit’s – Karan – Arjun Aagaye
13:04 Uttam : closing of this period is important & can set the tone for the rest of the day
13:08 Hari : Uttam, above which level BNF is bullish swing wise
13:08 Uttam : 30056
13:08 Uttam : close above it minimum needed
13:09 Lokesh : What the yellowline b/n first two candle in 30 Min Mat signifies?
13:09 Uttam : for a move to 30384 / 441 for expiry
13:09 Lokesh : May series
13:10 Uttam : first level of res at yPOC of 29970
13:10 Hari : Thank you so much Uttam
13:10 Uttam : always welcome Hari 🙂 _/\_
13:12 Hari : second half BNF spike up 🙂
13:13 MJ : Aane do Hari.
13:13 Uttam : both NF & BNF are filling up lower part of yesterday’s ‘b’ profile
13:13 Uttam : so the composite POC of 2 days will be imp for tom if we end up as a balanced day today
13:14 Uttam : one big move before expiry can come I feel
13:15 Shubro : Uttam your feelings are very strong …they sway the markets 😛
13:15 Lokesh : Guys any help on Yellow Line B/n first and second 30 min Candle in May series, whats that?
13:15 Uttam : (13:04) Uttam : closing of this period is important & can set the tone for the rest of the day…indecisive close for ‘H’ lets see if ‘I’ period can show some josh 😉
13:16 MJ : Lokesh which line I can’t check what you suggesting.
13:17 MJ : The right half of 30 min chart?
13:17 Lokesh : In May series 30 Min chart
13:17 Uttam : 11688 could be some imp level marked for May Lokesh
13:17 Lokesh : in A series of two candles
13:17 MJ : Oh thats NF 11688. Ref marked as Uttam says.
13:18 Lokesh : Yep, but we dont know what it is ?
13:18 Lokesh : hence asked
13:18 Uttam : we had 2L green there yesterday
13:18 Uttam : watch yesterday’s OF charts on the websute
13:18 Lokesh : Wow, Thats a good Info
13:19 Lokesh : Thanks Uttam
13:19 Himanshu : Bhai log – BNF to gaya – no strength abovee 840
13:19 Uttam : charts are all there guys but we need to put in the efforts to see what they depict
13:21 Uttam : and Lokesh that 2L green is not a fresh buyer in NF but could also be a short who covered at close yesterday
13:21 Himanshu : +1 Uttam
13:21 Lokesh : DO we have 30 min Charts with delta and COT also saved?
13:21 Lokesh : historicals
13:21 Uttam : but high vol zone that was which is why that level is standing out on the charts
13:22 Uttam : https://vtrender.slack.com/archives/C0F31QRN3/p1555933089000600
13:22 Shubro : Uttam assuming a poor high is not repaired can it be tried next day or it is a failure?
13:22 Uttam : If we extend the range on the other side I take it as a FA Shubro
13:22 Shubro : i see thanks Uttam
13:22 Uttam : and mark the 1atr & 1atr move from there
13:23 Uttam : PE has already left a probable FA at lows
13:23 Uttam : NF needs to confirm it
13:24 Shubro : prominent POC in NF?
13:25 Uttam : yes we are making a bell so good chance of getting a prominent POC
13:25 Uttam : in both
13:30 Uttam : another 80k green in May NF
13:30 Uttam : that 50k+17k red is rolldover?
13:30 Shubro : looks like price reversed from there no?
13:31 Uttam : that 68k green was at same place in last 30min bar in MAy
13:32 Uttam : rolls happening in bulk today looks like?
13:32 Uttam : 1L red in May NF on 30min at 11722
13:34 Shubro : o chall na NF
13:36 MJ : What a nice profile shape in bnf.
13:37 MJ : Monthly Big Roll guy hasn’t come yet.
13:37 MJ : Only one algo print yest. with half his size.
13:38 Uttam : expecting him tom Mihir?
13:38 Hari : which means another rangebound May MJ
13:39 MJ : Depends on how he rolls.
13:39 MJ : For current month they had shorted.
13:40 Subhodeep : boom time coing or bust tie coming for bulls?
13:40 Shubro : chalo chalo
13:40 MJ : Chalo chalo Shubro go to the bank
13:40 MJ : 🙂
13:40 Shubro : i was justgoing to say that
13:40 MJ : I read your mind.
13:40 Subhodeep : icici leading the charge of the light brigade it seems:)
13:40 Govind : Wonder where the VIX will be next 23rd this time….
13:40 Himanshu : yes
13:40 Himanshu : Iccicicciccicci saved
13:41 MJ : Yes subhodeep
13:41 Subhodeep : now even hdfc bank back from the gallows
13:41 Subhodeep : 🙂
13:41 Subhodeep : 29930 in question again it seems
13:41 MJ : I am in hdfc. Please boom time in that subho.
13:41 MJ : want vwap.
13:41 Uttam : (13:40) Govind : Wonder where the VIX will be next 23rd this time….34 is what Shai is expeting highs in Vix
13:42 Shubro : J rocker?
13:42 Govind : Yea I saw his tweet Uttam.
13:42 Subhodeep : himanghsu would not mind icic to take rest and hand the mantle over to hdfc bank now
13:42 Subhodeep : )
13:46 Subhodeep : shai chance of dong highs/spike probable now ?
13:49 Subhodeep : vix seems to be cooling as well
13:50 Anubhav : closing wud be at day high ?!
13:50 Shubro : these rolls are giving me indigestion
13:51 Shai : too well balanced both profiles for a move
13:51 Shai : only we have to consider a spike around 2.50 if it comes
13:52 Shai : else should close at vwap/dpoc
13:52 MJ : Shai Day COT for april is? NF?
13:52 Shai : -215
13:52 Shai : -215K
13:52 MJ : -215k
13:52 MJ : thanks
13:52 MJ : saw
13:52 MJ : 🙂
13:53 Shai : ignore cot in expiry week
13:53 Shai : meaning less
13:53 MJ : Yep rolls most of it.
13:53 MJ : Noted.
13:54 Subhodeep : northwards or south wards? :)13:51 Shai : too well balanced both profiles for a move
13:55 Subhodeep : one of those days when nf slight ly stronger than bnf
13:57 Himanshu : Rel Broke up – Hdfc Bnk – brokee down
13:57 Himanshu : so –
13:58 Subhodeep : hdfc repairing sbi providing moral supp
13:58 Subhodeep : 🙂
13:58 MJ : index management at it’s best.
14:01 Anubhav : what is the max pain level for this expiry
14:01 Subhodeep : uttam this yellow line on the nf chart at 11652 what does this line signify
14:01 MJ : Aye! high finally.
14:01 Shubro : aa gaya aala re
14:02 Uttam : thats day’s VAH Subho
14:02 Gaurav : Spot isn’t making highs
14:03 Shubro : spike lee done?
14:03 Uttam : (13:02) Uttam : yep NF looks like going for that 11673 tag….11664.6 so far
14:04 Uttam : BNf still in range of A period
14:04 Uttam : 42k red stalling the move up
14:04 MJ : 11600 maxpain anubhav.
14:07 Anubhav : thnx
14:14 Uttam : is NF preprating to leave a proper FA?
14:15 Shubro : thats an IS on 30 min candle
14:17 MJ : Yes shubro
14:17 MJ : upar 42k wala baitha hai.
14:17 Shubro : mai baap hai woh abhi
14:19 Uttam : BNF needs to move else NF will be stuck
14:22 Shai : up from 69.60 to 69.79 now – (09:48) Shai : 69.58imm supp usdinr(09:48) Shai : can bounce if held
14:22 Shai : that should keep BNF down also
14:24 Vijai : this wide profile means acceptance at bottom shai?
14:33 Shubro : good time to short Shai?
14:36 Subhodeep : seems like it shubro
14:36 Shubro : yipeee
14:36 Anubhav : oops
14:36 Subhodeep : shai to confirm though
14:36 Uttam : BNF finally looking for a range extension lower?
14:38 Uttam : (12:50) Shai : that 29800 pe has a good base near that 140 mark(12:50) Shai : can take longs around that zone with sl beow 120 that 29800pe made a low of 139.5 & now at 265
14:38 Uttam : super levels Shai
14:38 Shubro : there we go good boy bnf
14:39 Uttam : 29800pe doubling in 30mins after tagging 140
14:40 MJ : lush greens in bnf
14:40 MJ : covers the pe 🙂
14:41 Uttam : hatrick of spike down in BNF?
14:41 Shubro : looks like indecision on direction over?
14:41 Uttam : these greens could just be shorts covering Mihir
14:41 Uttam : looks like we are headed much lower
14:42 Anubhav : 11550 i think
14:42 Uttam : 29555 & 29513
14:42 Anubhav : if 11590 breaks
14:42 Shai : +1- (14:38) Uttam : (12:50) Shai : that 29800 pe has a good base near that 140 mark(12:50) Shai : can take longs around that zone with sl beow 120that 29800pe made a low of 139.5 & now at 265
14:43 Uttam : huge vols in 11650pe
14:43 Shai : 11 now – (12:34) Shai : 30500 call at 22 sl of 35 for 0
14:44 Shai : 29448 still the obj
14:44 Uttam : +1
14:45 MJ : 316 that 29800 pe
14:45 MJ : AMAZING!
14:46 MJ : Vwap closing?
14:46 MJ : for nf.
14:46 Shubro : BNF will drag it down it seems
14:47 Uttam : yes BNF not rising was the clue that NF cannot sustain above IBH
14:47 Uttam : NF about to confrim the FA at top
14:49 Subhodeep : mj are you thinking 45deg?
14:49 Anubhav : rb
14:49 Anubhav : in nf
14:49 MJ : Responsive buying.
14:49 Uttam : (14:41) Uttam : looks like we are headed much lower(14:42) Uttam : 29555 & 29513 BNF low so far 29525
14:49 Shai : 29700 F showuld show more supply
14:49 Shai : let’s see
14:49 MJ : @Subhodeep.
14:50 Uttam : 11622-625 should resist in NF
14:50 Anubhav : nice fight
14:50 MJ : Get me that vwap and I am out uttam 🙂
14:50 MJ : 625 also enough.
14:51 Uttam : cannot fight the trend here Mihir
14:51 Uttam : 55k red in NF at 11611
14:51 Shubro : good to short 11600 CE SHai?
14:51 Uttam : has similar vols in May also
14:51 MJ : Rolls also red.
14:53 Shai : nor vey safe that CE- (14:51) Shubro : good to short 11600 CE SHai?
14:53 Shai : 11700 is good at 17
14:53 Shubro : hmm
14:53 Shubro : yes been on it for a week as short
14:53 Shai : Buy 29600 pe for 280
14:54 Shai : sl if 130
14:54 Shubro : its at 180 shai
14:54 Shai : yes
14:55 Shai : Buy 29600 pe at 180 and 160 in 2 parts. Maintian a sl of 132 tgt 280.
14:56 Shai : 29710 F new res till expiry
14:56 Shai : expecting 29400 and 29100 if this pans out well
14:56 Vivek : thie call is for overnigh carrying
14:57 Vivek : *overnight
14:57 Shai : yes
14:59 MJ : FA done
14:59 MJ : Confirmed right Uttam?
15:00 Gaurav : yups
15:00 Shubro : shamshing
15:00 Anubhav : nifty joins the party
15:00 Shubro : chalo chalo aur jaaao
15:01 Govind : NF 11550 Spot will come under pressure..
15:01 Shai : https://vtrender.slack.com/archives/C0F327PUZ/p1555947233000200
15:01 HPandey : whats 50k?
15:02 Shai : roll again
15:02 Himanshu : support at 11550
15:02 Himanshu : 576
15:03 Shubro : thats a roll Himanshu
15:03 HPandey : yeah thanks
15:04 Azmath : gap filled.. POC support now
15:05 Shai : which POC BNF?
15:05 Azmath : no Shai.. NF 29th POC
15:05 Azmath : sorry 28-3
15:06 Shubro : Shai so we broke forming balance in BNF and now imbalance already?
15:06 Shai : yes
15:06 Shubro : ok great
15:06 Shai : yes 28th was a trend day POC
15:07 Shai : close below 11577 F will kill put writers tom
15:07 MJ : RO – 100 done first time in this series today.
15:08 Azmath : RO guy didnt show up today MJ
15:08 Shai : BNF in tail of 26th
15:09 MJ : Nope Az. not yet.
15:09 Shai : bumber prize on that PE if we go below 29448 F tom
15:09 Shai : am expecting 3 x returm
15:09 Shubro : super duper bumper
15:10 Subhodeep : shai is crude coming down hpcl making day highs amidst the ruins up 2 percent+
15:14 Anubhav : covering happening
15:14 Anubhav : nf
15:16 Shubro : gap down tomorrow Shai?
15:17 Shai : would have been more sure below 11577
15:17 Uttam : 11559 is 1atr from today’s FA in NF at 11664
15:18 Shai : path moves down from 11675 to 11638 at today’s clsoe
15:18 Shai : that option writing will move from 11700 to 11650 tom
15:19 Shai : call writing
15:19 Shai : BNF 2 supply zones 29700 and 29800
15:19 Shai : both would invite call writers tom
15:20 Uttam : b) If 11609 is not held, the auction can move lower to 11589-570 & 11554-550…NF low so far 11573
15:21 Shai : 11600 pe beginning unwind also
15:21 Uttam : b) If 29715 is broken, the auction can move lower to 29683-628 & 29596-555d) Below 29555, BNF could bring lower levels of 29490 & 29452-448 BNF low so far 29492
15:22 Shai : +1
15:25 Uttam : (14:43) Uttam : huge vols in 11650pe…this PE writers get squeezed out looks like, does more than 1 ATR from lows in 60mins
15:27 Uttam : one 11550 tag can come tom in NF Shai?
15:28 Shai : headed to 11500 aftera small roaotion here
15:29 Uttam : great 🙂
15:29 Shai : bye all
15:29 Uttam : 11460 is a vpoc by the way 😉
15:29 Shai : have a nice evenung
15:29 Uttam : thanks All 🙂 have a lovely evneing
15:29 Anubhav : bbye
15:29 Shai : +1- (15:29) Uttam : 11460 is a vpoc by the way 😉
15:29 HPandey : bye
15:29 TP : Bye All.
15:30 Amit : bye all
15:30 Thanika : very good session!
15:31 Lokesh : Bye All
15:31 Subhodeep : BYEBYE and have a great evening


11:23 MJ : Shai REC still in 147 156 range? Looks like staying here?
11:34 Subhodeep : sbi id and swing view shai plz
11:38 Subhodeep : pvr id and swing views recall you wanted a close abvoe 1720 swing wise for 1800 obj
11:47 MJ : Shai hits 3033 🙂 12:20 Shai : 3001 to watch bajfin abv that can do 3033
12:31 Hari : Hi MJ, how do you interpret this one – DRREDDY.EQ-NSE Signal Action Alarm! 2821.4 at 12:30:13 Heatseeker : Failed Up break below Qt+0 again
12:32 MJ : Hari it is an exit for the buy generated at DRREDDY.EQ-NSE Signal Action Alarm! 2824.1 at 09:35 Heatseeker : Initiate a Buy. Qt+0
12:32 Hari : what is Qt+0
12:33 MJ : Quant = qt
12:33 Hari : thanks man
12:34 MJ : I guess bot gives signals based on OF+MP and gives exit options if it finds any activity.
12:39 MJ : Hari there is Buy/failed/Partbook signals by bot.
12:41 Hari : ok MJ
12:41 TP : @Hari watch the price at which the signal is generated too many failed signals means move not coming.
12:42 TP : These are system signals generated off the orderflow at certain Market profile levels. Best way to trade is to mark the level and see to it that price stays above that level over next 30- 45 mins. Once done the trade is assured
12:42 TP : Shai’s words 🙂
12:42 MJ : Tp was finding these. Thanks.
12:42 MJ : saving.
12:42 TP : +1
12:43 Shai : rec yes no change
12:44 Shai : sbin intra stromg abv 311 for 314 and 315.7
12:44 Shai : aboid below 311
12:45 Shai : yes PVT 1720 for april profile only
12:45 Shai : will have to review if we move to May
12:45 Shai : +1- (11:47) MJ : Shai hits 3033 🙂 12:20 Shai : 3001 to watch bajfin abv that can do 3033
12:46 Shai : it’s a saftey measure built in- (12:31) Hari : Hi MJ, how do you interpret this one – DRREDDY.EQ-NSE Signal Action Alarm! 2821.4 at 12:30:13 Heatseeker : Failed Up break below Qt+0 again
12:47 Shai : so the expectation is that above a certain level we expect buying/ shortcovering to happen
12:47 Shai : the bot times it in anticpation of that level based on prevous flow there
12:48 Shai : but sometimes after trhe alert is issued the follow up does not come immediately as expected
12:48 Shai : in which case that trigger is the safety marker that the move is going sideways/ not coming
12:48 MJ : Shai Posting and pinning in indexmovers.
12:49 TP : MJ also pin to learning strategies,tks.
12:51 MJ : Done 🙂
13:02 Shai : +1- (12:48) MJ : Shai Posting and pinning in indexmovers.
13:07 Subhodeep : shai adani ports id wsie looks set for a break out ?
13:18 Shai : headed to 393 intra
13:18 Shai : good buyers
13:18 Shai : but may not btreakout
13:33 Subhodeep : noted shai booked out
13:45 Hari : Shai, can you please review ICICIPRULIFE swin
13:55 Shai : 363 good wall of supp and positive abvb it
13:55 Shai : volumes is not there for a big breakaway move but 387 can be there
13:59 Subhodeep : shai how does titan look id wise for the next 90 minutes … good rr at curent levels for long ?
14:20 Anubhav : vedl can we go long here
14:31 Subhodeep : ignore titan shai waited and saw no merit id wise
14:34 Gaurav : Shai Asian Paints can buy May?

Order Flow charts dated 23rd Apr

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

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

NF

NF (May)


BNF

BNF (May)


Room Chat

09:11 Vtrender Live : (09:09) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/339746749
(09:11) Vtrender Live: option charts – https://join.me/290-472-461

09:43 Shai : (09:42) Shai : short 11800 call at 17 .5 sl of 27 tgt 0

10:31 Shai : (10:30) Shai : trade- Keep a BNF buy above 30063 cmp 30000 sl of 29940 tgt 30215/ 30370.

13:26 Shai : (13:26) Shai : Trade- Buy 29800 pe at 169 sl of 140 tgt 235

13:29 Shai : (13:29) Shai : modify SL to 135 from 140

14:19 Shai : (14:19) Shai : Make an exit in the BNF puts at 150 cmp

14:42 Shai : (14:42) Shai : Buy BN 29800 pe again neat 190 with sl of 167 tgt 235/ 250

15:08 Shai : (15:08) Shai : BNF 29800 puts at 220 . Book fully


09:00 Himanshu : GM all
09:00 Chandrashekhar : GM all
09:04 Shai : GM all\
09:05 Subhodeep : GM all
09:05 Shai : https://vtrender.in/market-profile-analysis-dated-18th-apr/
09:05 Dr Prajwal : gm all
09:06 Himanshu : hi cant see screen
09:06 Himanshu : do i need to refresh – relogin,,
09:07 Govind : GM
09:07 Jitender : Gm Folks 🙂
09:08 Govind : GM guys!
09:09 AN : GM all
09:09 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/339746749
09:11 Vtrender Live : option charts – https://join.me/290-472-461
09:11 TP : GM All.
09:13 Lokesh : GM All
09:15 Uttam : Good Morning All 🙂
09:19 Jitender : 24.3 vix
09:19 Uttam : reason for this gap down Jit?
09:19 Jitender : crude
09:20 Uttam : that is why USDINR also spiking higher?
09:20 Jitender : yh
09:20 Shai : Second straight drive down
09:20 Uttam : yep
09:20 Jitender : plus remember we were iffy scaling new LTHs
09:20 Uttam : thanks Jit
09:20 Shubro : read an article yesterday that says historically after election Rupee tends to spike higher
09:20 Jitender : wc bro
09:21 Uttam : 22L vol in NF
09:21 Uttam : sorry 10L
09:21 Uttam : so far
09:22 Azmath : 30 Min gotomeeting NF charts needs to be adjusted.. unable to see the numbers
09:24 Uttam : 11700pe writers being forced to cover?
09:24 Uttam : huges vols so far in that from open
09:29 Shai : that chart will work on @azmath
09:29 Azmath : Thank you Shai
09:29 Shai : just pausing the screen for a quick restart. Please bear
09:29 Uttam : sure Shai
09:34 Azmath : Still same Shai
09:36 Azmath : Thank you Shai, working now
09:37 Jitender : 29k green bnf
09:38 Boppanna : IMO 980 on watch …By hypo Low 911 so far d) Below 30008, the auction can test 29940-920 & 29840-833
09:41 Anubhav null : rb
09:41 Anubhav null : long here?
09:42 Shai : short 11800 call at 17 .5 sl of 27 tgt 0
09:45 Shai : may be another b today
09:45 Shai : BNF good for a boucne here
09:46 Shai : this 11660 spot zone is the highest probability place for settlement of April
09:46 Shai : hence the CE
09:47 Shai : anything lower than 11640 spot would mean that we are back to restet 11450 zone
09:48 Uttam : +1 Shai right now NF taking support just above that weekly vpoc of 11655
09:48 Uttam : below 11640 gets weaker
09:50 Jitender : 11645 is 13 EA as per tv guy
09:50 Boppanna : Shai BNF if fails to sustain past 30000 29500 more likely today or tomorrw ?
09:50 Jitender : spot
09:51 Jitender : tis guy said we will buy at 680 spot…n now says we will buya at 645 spot 🙂 (09:50) Jitender : 11645 is 13 EA as per tv guy(09:50) Jitender : spot
09:53 Uttam : not much vols in May fut so far
09:53 Jitender : 30kce 180-200 (09:37) Jitender : 29k green bnf
09:54 Shai : 29700 spot still a good supp- (09:50) Boppanna : Shai BNF if fails to sustain past 30000 29500 more likely today or tomorrw ?
09:56 Uttam : NF making 80% in that composite from 11712 to 11652
09:57 Uttam : spot composite is from 11661-11637*-11589
10:09 Anubhav null : short covering in nf
10:13 Boppanna : thx Shai
10:17 Himanshu : jit – c – spike in bnf calls for one exit
10:17 Jitender : gets vwap (09:37) Jitender : 29k green bnf
10:17 Jitender : ys Himanshu
10:22 Shai : 33000 RB at 11659 holding this for now
10:22 Shai : 11685- 11692 supply intra to form the b
10:27 Himanshu : Jit – Open Test in BNF – 30200
10:28 Jitender : if sustains vwap
10:28 Shai : possibke
10:30 Shai : trade- Keep a BNF buy above 30063 cmp 30000 sl of 29940 tgt 30215/ 30370.
10:32 Shai : pwl is 30043
10:32 Shai : things certain onlyt if we get back into the weekly profile
10:32 Shai : for now the expected bouce has played out
10:32 Shai : (09:45) Shai : BNF good for a boucne here
10:33 Jitender : heatseeker has a sell at 29999
10:34 Jitender : AG long
10:55 Hari : GM All
10:56 Himanshu : 1 Dt done
11:07 Shai : yes hence a buy above only- (10:33) Jitender : heatseeker has a sell at 29999
11:11 Jitender : yh
11:12 Hari : Shai, how do you trade when Vix is abv 24, some tips pls 🙂
11:19 Shai : it’s still in the price no?
11:21 Shai : 2 hours later can be seen now a b- (09:45) Shai : may be another b today
11:24 Boppanna : +1 Shai
11:25 Boppanna : BNF 980-90 still the key IMO
11:32 Jitender : 30030-29970 dne
11:34 Shai : +1\
11:34 Jitender : below 950..fun starts again
11:34 Jitender : tx chief
11:34 Jitender : (10:34) Jitender : AG long 🙂
11:35 Shai : 🙂
11:43 Anubhav null : 11715 coming in nf
11:44 Shubro : Hows that Anubhav?
11:45 Shubro : we are still below Vwap, PLR down and b profile?
11:47 Jitender : bnf hasnt done a 500 point dwn day ….
11:47 Boppanna : Jit 🙂
11:47 Shubro : thats true as well
11:47 Jitender : though it has done 4-5 500 pt up days
11:47 Shubro : and quite a while must say
11:49 Uttam : BN spot almost doing it today Jit, 494 point IB there
11:50 Anubhav null : above vwap will enter with 11665 as sl
11:50 Jitender : k Uttam
11:50 Hari : clearing day + b Jit
11:50 Uttam : problem is large IB so both stuck
11:50 Uttam : similar range as thursdays in both
11:54 Hari : unlikey to extend b and even if it happens can get back to range
11:54 Jitender : cool
11:55 Boppanna : Shai’s 29700spot would be nice though if we do extend later in BNF
11:55 Hari : unless stuck longs decide to exit 🙂
11:55 MJ : 30033 series VAL.
11:55 Hari : NF can test 627 and can back up
11:56 MJ : Poor lows need some fixing. 11641 series VAL for now.
11:59 Uttam : BN Spot had a freak low of 29796 else low is arnd 29914
12:03 Hari : one more test of 30030
12:05 Uttam : plr down in both
12:05 Jitender : 950 here (11:34) Jitender : below 950..fun starts again
12:06 Uttam : yes Jit that 29960-936 is a high vol zone in BNF, first hit got support but again may not hold
12:06 Boppanna : yes needs a push or else as Shai said a could end as a b
12:07 Jitender : +1 guys
12:07 Himanshu : B means – closing upward in second hald
12:07 Himanshu : half
12:14 Uttam : ‘b’ is the shape of the profile Himanshu which looks like small letter ‘b’ with singles at top and a balance at bottom with a wide POC
12:16 Himanshu : ok but test of POC possible
12:16 Himanshu : i thought of Capital B hence
12:18 Shubro : 6000 man in BNF trying hard
12:18 Shubro : needs help
12:20 MJ : Shubro Upside down fella?
12:20 Shubro : lets see
12:20 Uttam : (12:16) Himanshu : i thought of Capital B hence…I thought so hence clarified 🙂
12:23 Uttam : 24k green in NF
12:24 Uttam : just arnd vwap
12:25 MJ : From RO point we’ve done +185 and -70 in NF. Final week here. Can see algo guys coming in today or tomorrow.
12:28 Rajiv : Shai no LLT till now rolling over?
12:30 Shai : nothing yet
12:45 Rajiv : Jitender BNF is the process of complying to your order of 500 down day
12:46 Hari : b extending early
12:47 Uttam : (12:05) Uttam : plr down in both
12:48 Uttam : 30k green in BNF
12:48 Uttam : at lows here
12:49 Uttam : Hari looks like sealing the day lows with his initial 😉
12:49 Hari : my sl Uttam 🙂
12:49 MJ : H below that AB. (11:56) MJ : Poor lows need some fixing. 11641 series VAL for now.
12:51 Uttam : 0s at lows in both
12:53 Boppanna : 30000pe didn’t make a new high yet
12:53 Uttam : 77k green got stuck in NF at 11674 in prev 30min bar
12:53 Anubhav : divergent low
12:53 Uttam : reason for this new low
12:58 Shubro : Shai/Jit – makes sense to short BNF?
12:59 Shai : short closer to vwap4
12:59 Shubro : ok
12:59 Shai : for now still mean reverting on tis vol4
12:59 Anubhav : or below 11650\
13:00 HPandey : shai vwap line missing?
13:02 Uttam : (12:20) MJ : Shubro Upside down fella? this guy did a somersault & got up again 😉
13:03 Shubro : yes Uttam nifty fella
13:03 Uttam : BNF that was na? 7k
13:03 Shubro : yep
13:03 Uttam : for the secodn day we have had initiative sellers at open
13:03 Uttam : so they are in control
13:07 Shubro : wohoo
13:07 Anubhav : shud have sold today at open….
13:07 Shubro : here we go
13:07 Uttam : drives are meant to go with the initiative force Anubhav
13:08 Shubro : southward ho Jit niw?
13:08 Uttam : f) Break of 11682 could get 11660-646 & 11630
13:09 Uttam : NF low 11645.8
13:09 Uttam : morning pull back high 11682.4
13:09 Anubhav : this red is an long sl order i think
13:10 Anubhav : 57k in nf
13:11 Uttam : 29840 coming in BNF?
13:13 Uttam : some good vols coming in both in this 30min bar
13:16 Hari : sellers in bnf need to press harder, else…
13:17 Uttam : NF holding 11642 for now
13:20 Shubro : poor low bnf?
13:22 Anubhav : looking like a bear trap
13:23 Shubro : sellers need to do better now?
13:26 Shai : Trade- Buy 29800 pe at 169 sl of 140 tgt 235
13:26 Shubro : cmon bnf puke!
13:28 Jitender : back ..
13:29 Shai : modify SL to 135 from 140
13:31 Anubhav : nifty puts are not making new highs
13:32 Shubro : greed and fear fighting
13:34 Uttam : (13:11) Uttam : 29840 coming in BNF?….29852 low so far
13:35 Boppanna : +1
13:37 Boppanna : 17k red at lows BNF
13:38 Shai : BNF accepting below Thurs spike lows is the major change in the auction of the indices. Today’s ORR is 2nd in a row
13:40 Anubhav : vwap test coming in nf
13:42 Anubhav : nice
13:49 Shubro : oh an big numbers in nf
13:50 Shubro : last hour fry Shai?
13:50 Shai : can be
13:51 Shai : net 51k is rollover
13:51 Shai : 11752 MayF
13:51 Shai : also 11743F in morning
13:52 Shai : 11732**- (13:51) Shai : 11752 MayF
13:52 Uttam : May it is on the buy side Shai?
13:53 Shai : yes
13:53 Uttam : thanks, so looks like can probe morning singles here both?
13:53 Hari : but arent they small nos of ROs
13:53 Shai : yes
13:54 Shai : nothing big
13:54 Hari : yeah, i think they will stay in range in May as well , probably a bigger range
14:08 Lokesh : Nifty may sries is shown in Gotomeeting?
14:08 Shai : yes
14:08 Lokesh : From tomorrow will even 5 min also will be o may series?
14:09 Lokesh : Can we see 5 min may series in goto meeting with 30 min?
14:10 Jitender : sum algo defendn 900..if he is overpowered…fry time
14:10 Boppanna : Hello BNF IBL and dpoc fellas can you just step aside
14:10 Boppanna : pls
14:11 Shai : on screen- (14:09) Lokesh : Can we see 5 min may series in goto meeting with 30 min?
14:12 Shai : watch 185 on the 29800 pe- straight fly up to 235 when crossed- (14:10) Jitender : sum algo defendn 900..if he is overpowered…fry time
14:12 Lokesh : Hey Thanks
14:16 Shubro : 73k bnf woah
14:17 Uttam : wow
14:17 Shubro : whats that some new buys or rollover?
14:17 Shubro : how come BNf hasnt jumped through space with that?
14:18 Anubhav : hmmm
14:19 Shai : Make an exit in the BNF puts at 150 cmp
14:19 Uttam : no rolls that 73k
14:19 Uttam : could b shorts of this series covering
14:20 Shai : no rolls
14:20 Himanshu : Uttam – 30K kiss in BNF possible
14:20 Himanshu : with huge green defending
14:21 Shubro : dont tell me that fella is stuck
14:22 Anubhav : lol
14:23 Shai : wth
14:23 Shubro : wttttfffffffffff
14:23 Shai : 176 🙁
14:23 Uttam : 29840 finally
14:23 Shubro : what funny moves
14:23 Hari : good call shai
14:24 Uttam : 29843 actually
14:24 Shubro : this done or more left?
14:24 Uttam : NF got big reds at lows
14:25 Shubro : i wonder how that 74k is feeling right now
14:30 Uttam : d) Below 30008, the auction can test 29940-920 & 29840-833
14:30 Uttam : BNF low 29835
14:30 Uttam : 24833 was Fa of last Friday
14:31 Jitender : looks like Dii defendn
14:31 Anubhav : amit shah buying
14:32 Hari : large IB, diff to extend
14:33 Govind : 185 Shai
14:33 Govind : zooming
14:33 Uttam : 29780 & 29732-711 can come below 29833
14:34 Jitender : 30k pe 238-298 half book
14:34 Jitender : long wait
14:35 Jitender : tey hammered usdinr by 40 pies
14:36 Shubro : reference for bnf long Jit?
14:38 Jitender : not today
14:38 Jitender : lets c crude morrow
14:38 Shubro : ok
14:38 Shubro : can carry shorts overnight on this?
14:40 Uttam : NF breaking 11640
14:40 MJ : Yep.
14:40 MJ : First time small bounce from 11642 level came.
14:41 Govind : HDFCBank looking to test DL..
14:42 Uttam : (12:05) Uttam : plr down in both(13:03) Uttam : for the secodn day we have had initiative sellers at open(13:03) Uttam : so they are in control
14:42 Shai : Buy BN 29800 pe again neat 190 with sl of 167 tgt 235/ 250
14:42 Uttam : (14:33) Uttam : 29780 & 29732-711 can come below 29833…first part done
14:42 Jitender : 🙂 (11:47) Jitender : bnf hasnt done a 500 point dwn day ….
14:43 Jitender : -502
14:43 Shubro : gaya
14:43 Jitender : full book 328 (14:34) Jitender : 30k pe 238-298 half book
14:44 Shai : was goiung down ..that 75k guy messed up the math 🙁
14:44 Jitender : wakao
14:44 Shai : ++
14:44 Uttam : (11:59) Uttam : BN Spot had a freak low of 29796 else low is arnd 29914…BN Spot clears that freak low & making new lows here
14:44 Shai : nice
14:44 Shubro : man the look on his face now
14:44 Jitender : tx chief
14:44 Hari : 11627.55. Out of NF shorts 11:55 Hari : NF can test 627 and can back up
14:44 MJ : +1
14:44 MJ : Nice hari
14:45 Uttam : f) Break of 11682 could get 11660-646 & 11630…NF completes htis hypo
14:45 Jitender : +1
14:46 MJ : This paved the way for me today. Thanks shai Shai : (10:30) Shai : trade- Keep a BNF buy above 30063
14:47 MJ : The level was amazing.
14:47 Uttam : Shai’s levels always are 🙂
14:47 MJ : Always* amazing
14:47 MJ : Fixed uttam 🙂
14:47 Shai : 70 k is a roll
14:48 Uttam : NF?
14:48 Uttam : red in May Shai?
14:48 Shai : yes
14:48 Shai : tes
14:48 Uttam : thanks
14:49 Uttam : low done for the day in both?
14:49 Jitender : yup
14:49 Boppanna : Low 29711 so far 11:55 Boppanna : Shai’s 29700spot would be nice though if we do extend later in BNF
14:53 Anubhav : somuch green wants to 11660 again
14:57 Jitender : 30.2ce at 73
15:00 Shubro : meltdown post 3:05?
15:00 Govind : Yes Shubro, please can u arrange
15:00 Govind : 🙂
15:00 Shubro : all my ducks are lined up govind
15:00 Govind : Mine too bro
15:01 Shubro : toes crossed!
15:01 Shubro : fingers to morning se
15:02 Rajiv : Is this worth a buy?Jitender : 30.2ce at 73
15:03 Shubro : no sell sell
15:03 Shubro : if you sell
15:03 Shubro : Govind 47 K
15:03 Shubro : oops 108
15:04 Shubro : bugger before i can say anything the number doubles today
15:04 MJ : You are fast shubro 🙂
15:04 Shubro : majak mat karo
15:04 Jitender : ys Rajiv…its a sell
15:05 Jitender : Shubro gets a new low +1
15:05 MJ : 136k reds in may too
15:05 Shubro : hehehe yeah Jit
15:05 Shubro : low contest …who can stoop lower toda
15:07 Jitender : 744 bnf does 500 down
15:07 Hari : +1 jit
15:08 Shubro : 499.9
15:08 Shubro : what a number
15:08 Jitender : +1
15:08 Shai : BNF 29800 puts at 220 . Book fully
15:08 Jitender : +1
15:09 MJ : 52260 bnf reds.
15:09 MJ : Shai that is a big no. Not a roll too.
15:10 Shai : that upside down trader exiting
15:11 Shubro : Mishter 74K?
15:11 Jitender : 58 now (14:57) Jitender : 30.2ce at 73
15:11 Shubro : yep
15:11 Shubro : 29900 ce 190 to 133
15:12 Shai : 9.10 now – 09:43 Shai : (09:42) Shai : short 11800 call at 17 .5 sl of 27 tgt 0
15:13 Gaurav : Shai can take a STBT on Nifty?
15:14 Shai : no]
15:14 Gaurav : ok. Thanks
15:14 Shai : short is better near 11670 tom
15:15 Shai : https://vtrender.slack.com/archives/C2LGBES94/p1555926321002200
15:15 Shai : 9.25 alert 1
15:15 Shai : 3.15 alert 2
15:16 Shai : next series of May , we het started with the second set of bots
15:16 MJ : Alerto/
15:16 MJ : ?
15:16 Gaurav : +1
15:16 MJ : +1 Shai
15:16 Shai : Alerto
15:16 Govind : High Five, Botmaker!
15:16 MJ : These bots are doing amazing stuff with stocks too.
15:16 Jitender : grt Shai…awesum
15:16 Govind : Yes MJ. They are Shai.
15:17 Uttam : +100 Shai
15:17 Shai : IKR MJ 🙂
15:17 MJ : They outlay my reference for the day. And use other setups to trade.
15:17 MJ : Today axis was a wonderful day.
15:17 MJ : Boils down to risk management then.
15:17 Uttam : (14:33) Uttam : 29780 & 29732-711 can come below 29833….BNF almost tagging that ext handle of 29732
15:18 MJ : 117k rolls. Green in may
15:18 Jitender : (10:33) Jitender : heatseeker has a sell at 29999(10:34) Jitender : AG long
15:18 Shubro : thats the perfect setup
15:19 Shai : 🙂
15:19 Jitender : 🙂
15:19 Jitender : lets c if trump tweets today bt crude or not
15:19 Jitender : abt
15:20 Shubro : think busy with Sri Lanka colonization
15:23 Boppanna : Shai 29500 possible? or 29700 still needs to check tomorrow open ?09:50 Boppanna : Shai BNF if fails to sustain past 30000 29500 more likely today or tomorrw ?
15:24 Shai : 230 high- (13:26) Shai : Trade- Buy 29800 pe at 169 sl of 140 tgt 235
15:24 Shai : just one goofup because of that 70 k buyer
15:24 Shai : but he was too big to ignore
15:24 Subhodeep : shai good level to pick itc for may series or wait out for 298 -296??
15:24 Shubro : that guy i swear couldnt ignore
15:25 Uttam : +1 Shai
15:25 Shai : itc not yet
15:26 Shai : BNF is on second sell signal today
15:26 Shai : is the leader of the indices
15:26 Shai : dont ignore the message
15:26 Subhodeep : noted shai
15:26 Shai : below march dpoc also
15:27 Shai : keep the portfolios protected with PE
15:27 Uttam : close at lows BNF
15:27 Boppanna : can carry shorts or book?
15:27 Uttam : Thursday also had spiked lower & today that spike was accepted
15:27 Shai : can carry some
15:27 Boppanna : thx
15:27 Shai : but the idea if to use rises to short now
15:28 Jitender : bye all
15:29 Shubro : BNF wants to go down now not time during day
15:29 Uttam : (14:33) Uttam : 29780 & 29732-711 can come below 29833…BNF 29715
15:29 Shubro : looks like tbc tomorrow
15:29 Shubro : +1 Uttam
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Subhodeep : thanks ; and have a good evening all
15:29 MJ : Bye everyone. And bot.
15:29 Shai : Bye all. Have a nice evening
15:30 Himanshu : bye all – thanks
15:30 Lokesh : Bye All


10:18 MJ : Good morning chief. RIL has got buyers in this fall?
11:35 Shai : not many
11:35 Shai : OAOR
11:36 Shai : Had mentioned on tues that the aramco news was to lure in the sheep in RIL
11:36 Shai : games people play
11:38 MJ : Thanks Shai 🙂
11:38 MJ : Yes remember that comment
11:57 MJ : Shai bajfinance booking levels please? Can get into the gap zone?
11:59 Subhodeep : shai levels on apollo hospitals ? good to pick may futures here ?1228 levels?
12:00 Subhodeep : also your swing views on wti crude as well if you follow it
12:20 Shai : 3001 to watch bajfin abv that can do 3033
12:21 Shai : apollo hos rend day down
12:23 Shai : system sell would get generated here 1180
12:23 Shai : wti crude I do not get OF data
12:24 MJ : Thanks shai.
15:26 MJ : Chief if you can review infy for may swing wise?
15:26 MJ : Thanks.
15:31 Shai : 708 supp infu
15:32 Shai : 680 supp 2

Order Flow charts dated 22nd Apr

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

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

NF

NF (May)


BNF

BNF (May)


Room Chat

09:03 Vtrender Live : (09:01) Vtrender Live: options screen-https://join.me/256-764-255
(09:03) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/134277021

10:16 Shai : (10:16) Shai : Make exits in the BNF long positions

10:22 Shai : (10:22) Shai : Intra – Buy NF 11765 sl of 11730 tgt 11800/ 11836

10:40 Shai : (10:40) Shai : aggressive traders can re-enter the BNF longs at 30390- 30400 again and hold for same tgts with sl of 30240

12:44 Shai : (12:44) Shai : Option – Buy 30300 call at 94 sl of 69 tgt 125

13:02 Shai : (13:01) Shai : 30300 call stopped

13:39 Shai : (13:39) Shai : Update- Place booking orders for NF longs at 11780F

13:49 Shai : (13:49) Shai : PLace a new buy in BNF aboive 30489 sl of 30420 tgt 30650

14:42 Shai : (14:42) Shai : avoid this – came to 30485 and turned – (13:49) Shai : PLace a new buy in BNF aboive 30489 sl of 30420 tgt 30650


09:01 Vtrender Live : options screen-https://join.me/256-764-255
09:03 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/134277021
09:03 Himanshu : GM all
09:03 Jitender : Gm Folks 🙂
09:06 Shai : GM all
09:06 Shai : https://vtrender.in/market-profile-analysis-dated-16th-apr/
09:09 Psandeep : Gm guys
09:13 Vijai : GM all
09:13 Uttam : Good Morning All 🙂
09:14 Uttam : premium down in both?
09:14 Lokesh : GM All
09:16 Uttam : OH in Nifty Spot & NF
09:16 Anubhav null : nice
09:20 Deepak : gm
09:26 Shubro : ORR in BNF?
09:26 Uttam : hardly any vols above pdh in both
09:27 Anubhav null : expiry effect
09:29 Shai : VOL is not thyere for an ORR
09:29 Shai : should go sideways here
09:31 Subhodeep : oaor me thinks
09:32 Uttam : you mean OAIR Subho?
09:33 Subhodeep : we opened outside range iaint it ?
09:33 Uttam : hardly any vols out ot yesterday’s range
09:33 Anubhav null : exit longs?
09:33 Subhodeep : 11814 our area of ref for the ib duration uttam?
09:34 Uttam : yes 11815-802 needs to hold if NF goes there
09:34 Uttam : 13k green in BNF
09:35 Uttam : some late reds in NF
09:35 Rahul Desai : GM All
09:35 Subhodeep : weekly expiry as well
09:37 Uttam : reds in NF
09:39 Shubro : great place to go long?
09:39 Uttam : 16650 red at lows
09:39 Uttam : BNF at sup here
09:39 Shubro : see if B period holds here
09:39 Uttam : 10k red stuck there too
09:39 Shubro : ??
09:40 Anubhav null : long sl below day low
09:40 Shai : NF yes – with sl of 801
09:41 Shai : 11812/ 30504 are imm supp for the opemn
09:41 Shai : buyers awaited in NF
09:41 Shai : no greens yet
09:41 Anubhav null : reliance up still nf down
09:42 Uttam : BNF going for that 30450 tag looks like
09:44 Lokesh : Green Box came and was out. How come?
09:45 Uttam : 65k green in NF
09:45 Uttam : (09:42) Uttam : BNF going for that 30450 tag looks like…Done
09:45 Shai : NF slide
09:45 Jitender : 30.7pe 221-281
09:45 Jitender : boom
09:45 Gaurav : PSU bank index -2%
09:46 Jitender : sbi tankn coz of jet
09:46 Subhodeep : brutal 30 min for longs
09:46 Uttam : looks likd the IB at 11780 of Tuesday booked out at 11836 today
09:46 Shai : dynamic – changes with vol change at same price – (09:44) Lokesh : Green Box came and was out. How come?
09:47 Uttam : similar vols of 2.6L
09:47 Shai : finally some greens
09:47 Lokesh : ok
09:47 Subhodeep : seems they were stuck in a trafiic snarl teh greens:)
09:47 Govind : Good morning guys, can you see my message?
09:48 Uttam : yes Govind 🙂
09:48 Govind : Had trouble signing in
09:48 Govind : Cool Uttam…problem fixed
09:48 MJ : Lol subhodeep. 🙂
09:48 Uttam : big reds in 11800pe
09:48 Uttam : morning had huge vols at lows
09:49 Subhodeep : good to go long now with day low as sl on nift y /
09:49 Subhodeep : >?
09:49 Subhodeep : or above 11810 ?
09:49 Uttam : we got a good RB in NF on 5mins so lets see if we can get a IB now to compliment it
09:50 Shubro : better above 11820 no Subho as prev buying there?
09:50 Subhodeep : of wise trying to relate subhro
09:50 Shubro : ok
09:50 Subhodeep : jit gm
09:50 Shubro : right its a good low but if ishouldnt we lbe lookign for zeros’ at the bottom of that candle?
09:51 Shubro : selling not over yet Shai?
09:51 Shai : not ye
09:51 Boppanna : BNF dip right till that 435 from where DD jump started on Tuesday
09:51 Shai : 11815 needs a cross in NF f
09:51 Shai : BNF looks stable
09:52 Shai : can do 30550
09:52 Subhodeep : ril shall play it spart today it seems
09:52 Uttam : yes Bops…DD in a composite mostly gets a visit soon
09:57 Subhodeep : does any one have knowledge whetereyes bank has exposure to jet airways ?
09:57 Jitender : sbi largest
09:58 Subhodeep : yes aware of that
09:58 Subhodeep : they were on the verge of renaming jet to sbi airways:)
09:58 Shubro : hahaha
10:00 Shai : 🙂
10:00 Anubhav null : at support now
10:00 Anubhav null : nf
10:00 Shai : 306 supp in sbin
10:01 Shai : thyat aramco news is suddenly not imp for day
10:01 Lokesh : Is it rejecting at PWH a good sign?
10:02 Shai : these are mechanical levels
10:02 Shai : don;t matter
10:02 Lokesh : ok
10:04 Himanshu : Jit – Uttam – C – Low could be entry on long side ?
10:05 Jitender : ys
10:05 Jitender : but b nimble
10:05 Himanshu : yes
10:05 Jitender : 421 low is a good ref
10:05 Himanshu : will be selling put – 200 pts away#
10:05 Jitender : but dont go long if C doesnt breach 480
10:06 Jitender : or extends abv 540 n fails
10:07 Shubro : 16k chappie NF looks stuck?
10:08 Boppanna : +1 Jit
10:08 Shubro : JIt learning here – now undr what conditions would it make sense to go long in NF? if it breaches 820 and sustains or if it crosses VAH and sustains?
10:10 Jitender : Shubro….mkt was overly long n is liquidatn
10:10 Jitender : its needs 2 quitien if u wanna go positionally long or OF has 2 b strong fr tat
10:11 Jitender : see now OF
10:11 Jitender : 1st sign
10:12 MJ : 11746 composite VAH.
10:13 Shubro : thanks Jit watching now
10:13 Lokesh : Today entired day might be within IB range right as it is almost of Avg Range?
10:14 Uttam : Shai any case of rollovers happening today?
10:14 Shai : will check
10:15 Uttam : thanks Shai
10:15 Shai : 30390 crucail now
10:16 Anubhav null : exhaustion gap today n bearish engulfing in hrly
10:16 Anubhav null : nifty
10:16 Boppanna : Low 388 so far d) Below 30480, BNF can go down to 30412-385 & 30335
10:16 Govind : SL hit
10:16 Shai : Make exits in the BNF long positions
10:19 Anubhav null : bounce to vwap coming i think
10:19 Subhodeep : VIX ABOVE 22.5 TESTING RESITANCE?
10:19 Jitender : +1 BoPs
10:19 Subhodeep : apologies for caps
10:20 Shai : this profille has singles in A
10:22 Subhodeep : +1(10:12) MJ : 11746 composite VAH.
10:22 Shai : Intra – Buy NF 11765 sl of 11730 tgt 11800/ 11836
10:23 Shai : will work up this C side extension on these greens to vwap and dpoc
10:23 Jitender : +1
10:24 Subhodeep : +1
10:25 HPandey : shai this is some good excess if sustains?
10:27 Shai : could be
10:28 Shai : excess needs 6 hour conf
10:28 Shai : we hgave done 1 only
10:33 Anubhav null : modi ka naam lijiye and buy ka button dabiye
10:33 Anubhav null : lol
10:40 Shai : aggressive traders can re-eetre the BNF longs at 30390- 30400 again and hold fpor same tgts with sl of 30240
10:41 Jitender : 31240
10:41 Jitender : ?
10:41 Shai : 30900/ 31200
10:41 Jitender : tx
10:42 Shai : conservatives would wait for a 30500 cross in which case we should see day highs again
10:51 Jitender : Dl shuldnt brk fr greens nw
10:53 Jitender : 30180 is tere ten
10:53 Shai : That kind of open today when the middle should be quiet but the last hour should explode big up or down
10:54 Jitender : agree
10:54 Jitender : hdfc results sat
10:54 Subhodeep : ril today
10:54 Subhodeep : post mkt thugh
10:54 Jitender : so tat wud b used by algo’s n big money
10:56 Subhodeep : hmm
10:57 Subhodeep : shai stock tab plz
11:00 Govind : HDFCBank showing some life now
11:03 Boppanna : IMO till Europe open BNF looks like a 370/430 & beyond 330/490
11:07 Jitender : ys 430 is ST flip lvl here
11:10 Govind : Jit, what are DI and ST please?
11:11 MJ : DLO short term
11:11 MJ : Day low
11:11 Govind : Ok. Thanks MJ. SO many abbreviations, still catching up
11:14 Govind : Uttam, profiles today look the opposite of Tuesday. Inverted P, is a b…long liquidations?
11:15 Govind : Had to leave for 90 mins to vote….
11:18 Hari : GM All
11:18 Hari : abv 470 BN for 788
11:19 Govind : Nice Hari
11:19 Hari : typical clearance day
11:19 Govind : That is the upper end of the MB right Hari?
11:19 Hari : not MB, destination
11:19 Govind : No, 470?
11:20 Hari : extn handl inside compo Govind
11:20 Hari : they tend to be light
11:20 Govind : oh ok. Thanks Hari
11:21 Hari : it can take time till 2.15
11:21 Govind : Cool
11:21 Hari : multiple test of vwap will tell you IMO
11:25 Jitender : Shai..any murmurs of voting impact..contra to mkt perception ?
11:28 Boppanna : 4.9k green got lonely there in BNF looks like
11:30 Subhodeep : jit i shall be in a sea on confusion in a short while(11:25) Jitender : Shai..any murmurs of voting impact..contra to mkt perception 11:25 Jitender : Shai..any murmurs of voting impact..contra to mkt perception ?
11:30 Subhodeep : this 30 min of candle should at least test vwap or near it 11788 shoul dbe decent for the start o fthe next candle
11:31 Subhodeep : imo
11:31 Jitender : k
11:31 Jitender : 11850 pe did 69-79 in a jiffy..
11:32 Jitender : 85 now
11:33 Jitender : 77-69-85 2 candles
11:33 Shai : not heard anything – (11:25) Jitender : Shai..any murmurs of voting impact..contra to mkt perception ?
11:33 Subhodeep : slew o f reds in te nf 5 min of
11:33 Jitender : k
11:41 Boppanna : Failed above 430 and touched 370 11:28 Boppanna : 4.9k green got lonely there in BNF looks like11:03 Boppanna : IMO till Europe open BNF looks like a 370/430 & beyond 330/490
11:48 Govind : Bops, can you explain why 370/430 levels please?
11:56 Boppanna : Levels are based on reference mentioned in the hypos and Intra references that Shai’s A+ OF charts show so IBL + Filter for 370 and 430 is something I noted from Tuesday’s auction they are just zones and not perfect mathematical levels like Shaii always says
11:57 Subhodeep : bops get us above 11777 ow
11:57 Subhodeep : 🙂
11:58 Boppanna : Doesn’t look good Subho for buyers yet in NF
11:58 Jitender : +100 (11:56) Boppanna : Levels are based on reference mentioned in the hypos and Intra references that Shai’s A+ OF charts show so IBL + Filter for 370 and 430 is something I noted from Tuesday’s auction they are just zones and not perfect mathematical levels like Shaii always says
11:59 Hari : Did suyog posted BNF and NF settlement range?
11:59 Govind : Thanks Bops.
12:01 Boppanna : Of course Uttams levels are quite close to the pin point Mathemamtical levels in BNF …he’s out casting his vote I think
12:03 Boppanna : Blore voting today all wanted to beat the heat and ended up standing in long queues at 7:30 am in booth near my neighbourhood:)
12:03 Anubhav null : double bottom in 5m charts
12:04 Govind : Bops, voting took just 15 mins…but getting there and back home took 75 mins
12:16 Shubro : big buyer in BNF?
12:18 Jitender : 750 combo at 26
12:21 Anubhav null : rb rb
12:35 Anubhav null : ib
12:36 Himanshu : boooom
12:36 Himanshu : jit
12:44 Shai : Option – Buy 30300 call at 94 sl of 69 tgt 125
12:48 Shai : 30460 second test needed on that RB we saw at lows in BNF
12:56 Uttam : so are we making a bell or remain as a ‘b’?
12:58 Subhodeep : if we remain as a b high chnce of monday again for ath
12:58 Shubro : spike lower then Uttam in b formation later day or lows done?
12:59 Uttam : 11748 is the composite VAH so it that goes then 11727-721 can come
13:00 Uttam : Value lower today
13:01 Uttam : so till we do not get above VWAP PLR is to the downside though that probable FA still there
13:01 Uttam : it is the sellers who are doing a bad job today
13:01 Shubro : hmm
13:01 Shai : 30300 call stopped
13:02 Shai : RIL and hdfc news over weekend – (12:58) Subhodeep : if we remain as a b high chnce of monday again for ath
13:03 Shai : I don’t trust the timing of that aramco news , just my feel
13:03 Shai : was in the healdiness of non buinsess papers also
13:04 Shai : could be a cover for a bad result alsoi
13:05 Jitender : ys
13:07 Boppanna : Still within ..beyond 330 could get 250 and Jit’s 180 11:03 Boppanna : IMO till Europe open BNF looks like a 370/430 & beyond 330/490
13:08 HPandey : reliance has got top economist at their disposal
13:09 HPandey : they know sooner or later the oil business wil go down
13:11 Jitender : idbi, syndicate, axis, icici all hv exposure to jet
13:12 Shubro : Jio the hedge
13:19 Shubro : 3 tpos low done in BNF?
13:20 Shubro : or is my understanding incorrect there Uttam?
13:20 Anubhav : longs accumulating at 11762 again
13:23 Uttam : ‘b’ profile Shubro so can have multiple tpos at lows
13:24 Shubro : i see thanks Uttam
13:27 Shubro : VWAP has not been touched all day
13:28 Shubro : Shai your views on NF going ahead?
13:28 Shubro : we are still expecting a volatile move for the day?
13:28 Shubro : “Are we”*
13:28 Himanshu : boom
13:28 Shubro : Himanshu thats the second boom from you today
13:29 Shubro : main thoda hil jaata hoon when i see that
13:29 Lokesh : Are Big Buyers sleeping?
13:29 Anubhav : lol
13:29 Himanshu : yes
13:30 Himanshu : shubro but still stuck ..
13:30 Himanshu : need Vwap kiss
13:30 Shubro : yes dear need a damdar wala one
13:30 Lokesh : Its Time for them to wake up
13:33 Boppanna : IBL resisting in BNF above it could be quick move to 430 else back to 330 and beyond
13:37 Hari : what is the suyog rnge for BNF today
13:39 Shubro : aag BNF ki lagne wali hai bahut maja kar liya
13:39 Shai : Update- Place booking orders for NF longs at 11780F
13:40 Shai : can review the long case again if 11797 is crossed for 11815/ 11834 with sl of 11779
13:41 Uttam : looks like b to bell starting?
13:42 Uttam : 24k red at vwap
13:43 Shai : 30400 call cmp 36 tgt 125 lottery
13:44 Uttam : that 28k red extigin in NF above vwap?
13:49 Shai : PLace a new buy in BNF aboive 30489 sl of 30420 tgt 30650
13:57 Shubro : this is becoming a post 3 pm move
13:58 Shubro : ? Shai
13:58 Shai : yes
13:58 Shai : need a buy abv that 10797
13:58 Shai : till then a b
13:58 Shai : supply absorbed for now
13:58 Shai : but needs buyers
13:59 Subhodeep : shai quick look on axis id view if it cross the day high good to buy ? asking here as need toact
13:59 Hari : Shai, BNF premium just 10 bucks, any reason
14:00 Shai : 778 cross diff axis
14:00 Subhodeep : 🙁 but if it does then do we look at a blue sky zone
14:00 Shai : @hari expiry week
14:00 Subhodeep : kind a move
14:00 Shai : May has the same premiums
14:01 Subhodeep : bnf imo if it has to go up then axis and icici have to pitch in now ..
14:03 Shai : NF greens
14:03 Subhodeep : decent considering time f the day
14:03 Subhodeep : 🙂
14:03 Shubro : bugger that 14K in BNF hope he hasnt burnt it
14:04 Shubro : eager beaver
14:05 Uttam : (13:41) Uttam : looks like b to bell starting?
14:05 Hari : approaching 11:21 Hari : it can take time till 2.15
14:05 Subhodeep : uttab get it abvoe vah and then the fun strts 🙂
14:06 Jitender : 14k at 450 bnf
14:06 Uttam : stops of shorts getting hit I feel Jit
14:06 Himanshu : exited 30400 pe – 72- 22
14:06 Shubro : Jit is he ruining it or helping?
14:06 Uttam : NF also getting greens at 5min highs
14:07 Jitender : ruinng
14:07 Shubro : thats what
14:09 Shubro : bigad diya yar
14:09 Shubro : abhi wait for 3 pm
14:17 Uttam : 50k green in NF
14:17 Govind : Uttam, VIX has formed a P 🙂
14:17 Anubhav : wow
14:18 Subhodeep : i hope it does what it has to now … 2:30 pm i swhat i shall be wary of …
14:18 Subhodeep : (14:05) Subhodeep : uttab get it abvoe vah and then the fun strts 🙂
14:19 Shubro : HDFC needs to fire
14:19 MJ : Shai Rolls are on?
14:19 Uttam : day COT is 3.6L green in NF & 1.3L in BNF
14:20 Uttam : morning tail starts at 11811
14:21 Jitender : out of longs
14:21 Anubhav : exiting longs now
14:21 Anubhav : looks done
14:21 Hari : booked bn from 390 to 476 in 2.15 spike
14:22 Jitender : has been an easy day so far n good
14:22 Jitender : y risk capital now
14:22 Hari : can get dumped
14:23 Jitender : will shrt below 430 if OF supports
14:23 Hari : am in in small quant PE
14:23 Hari : b profile with small short squeeze set up
14:25 Hari : clearing day as well
14:26 Shai : 11783 supp for the move now
14:28 Boppanna : Hello BNF Europe has opened long pls dont stay within 11:03 Boppanna : IMO till Europe open BNF looks like a 370/430 & beyond 330/490
14:29 Himanshu : Exited 30300 PE – 33 & 41 – Exit @ 2.1
14:29 Himanshu : Jit – Any chance of A singles of morning to come
14:30 Jitender : less
14:30 Jitender : 2.30pm
14:30 Himanshu : Ok so rotation here only
14:30 Himanshu : is there holiday tom
14:30 Gaurav : yes
14:30 Shubro : tomorrow is a real TGIF
14:31 Jitender : 430-480 boundaries
14:31 Shubro : holiday
14:31 Himanshu : 5 Dt today – but had to wait for whole day on one leg
14:32 Shubro : +1 Himanshu
14:32 Himanshu : had sold – 30400 PE – 72 Rs and 3- 4 times it hit 92 rs
14:32 Himanshu : but I stayed put –
14:34 Hari : dumped 🙂
14:34 MJ : Nice hari
14:34 MJ : 🙂
14:34 Shai : BNF
14:35 Hari : should get back to base
14:38 Boppanna : pls dont stalll here BNF
14:38 Jitender : 🙂 (14:23) Jitender : will shrt below 430 if OF supports
14:38 Boppanna : +1
14:38 Hari : bn 470-370 done 14:22 Hari : can get dumped 14:23 Hari : b profile with small short squeeze set up
14:38 Jitender : timimg of exit longs & ten….
14:39 Hari : can close here eod
14:39 Uttam : (14:20) Uttam : morning tail starts at 11811
14:39 Uttam : did not get into singles so came back to the dpoc
14:39 Hari : to test 430 once again
14:40 Uttam : can still spike up by close
14:41 Hari : no demand in stem Uttam, BN
14:42 Shai : avoid this – came to 30485 and turned – (13:49) Shai : PLace a new buy in BNF aboive 30489 sl of 30420 tgt 30650
14:48 Shai : expiry BRN at 30400?
14:48 Shai : F looks sett;ed 30370- 30480 for nextr 40 mins
14:50 Jitender : no positions nw tll 3.10
14:51 Shai : NF for 11834
14:51 Shai : sl of 11780 still
14:52 Shubro : Jit let know if good to enter
14:52 MJ : Aye aye Shai.
14:53 Jitender : wat Shubro..?
14:53 Hari : 425 14:39 Hari : to test 430 once again
14:53 Jitender : +1
14:54 Hari : been a great day in BNF so far
14:54 Shubro : 3.10 entry whether NF or BNF?
14:54 Jitender : k
14:54 Jitender : but if i get time after punchn
14:54 Shubro : ok
14:54 Hari : bn dl test and close around 360 ideal
14:54 Shubro : 11700 CE or 11800 CE in NF?
14:55 Jitender : u wanna write or buy ?
14:56 Shubro : buy?
14:56 Jitender : if buy move to next week ones
14:56 Shubro : ok
15:05 Shubro : dumped
15:05 Govind : DL hari
15:06 Govind : almost
15:06 Hari : dl done and booked 14:54 Hari : bn dl test and close around 360 ideal
15:06 Hari : can back up to 360 now
15:07 Hari : but not taking it, enough for the day
15:07 Shai : nice 1 Hari
15:07 Hari : per shai 240 is support
15:08 Hari : thx Shai
15:08 Shai : that 30300 pe has gobe from 2 to 30
15:08 Hari : lack of demand at stem resulted in dump
15:08 Jitender : 30.3pe less value tan actual
15:08 Hari : typical clearing day:)
15:09 Shai : yeah
15:09 Jitender : Shubro (15:08) Jitender : 30.3pe less value tan actual
15:09 Hari : we should get to 30788 by next thrus
15:10 Shubro : gotcha Jit
15:10 Govind : Hari, which one is the stem, below the cluster?
15:11 Hari : abv 30480
15:11 Govind : Ok, the buy tail (A)…
15:12 Govind : Thanks Hari
15:12 Jitender : 30.2ce excess prem
15:12 Boppanna : Jits 180 left for tomorrow looks like 13:07 Boppanna : Still within ..beyond 330 could get 250 and Jit’s 180 11:03 Boppanna : IMO till Europe open BNF looks like a 370/430 & beyond 330/490
15:12 Jitender : 🙂
15:14 Himanshu : Jit – Next exp xan write 30000 PE
15:14 Himanshu : 3 days off – theta decay
15:15 Govind : Himanshu, all of the weekend’s theta has been factored in today itself by the writers
15:15 Jitender : Himanshu..Shai wud be the best person 2 ans
15:15 Shubro : exactly theta factored in
15:15 Jitender : i will not carry anythn
15:15 Jitender : No Govind
15:16 Jitender : 44-18 (15:12) Jitender : 30.2ce excess prem
15:16 Hari : wont write PE
15:16 Boppanna : Shai excess confirmed or not significant as expiry 10:28 Shai : excess needs 6 hour conf
15:16 Jitender : 33-55 (15:09) Jitender : Shubro (15:08) Jitender : 30.3pe less value tan actual
15:16 Shai : conf
15:16 Jitender : wakap
15:16 Jitender : wakao
15:17 Jitender : grt end to a good day
15:17 Shai : BNF can go lower
15:17 Shai : high risk to write a PE
15:17 Hari : yes, spie likely get accepted in BN on monday
15:17 Jitender : Shubro u got sum ?
15:17 Himanshu : Ok shai
15:18 Vijai : Downside hypos worked well today uttam
15:18 Himanshu : may be 29500 – 2 Atr
15:18 Jitender : 78 now (15:16) Jitender : 33-55 (15:09) Jitender : Shubro (15:08) Jitender : 30.3pe less value tan actual
15:18 Jitender : 88
15:18 Jitender : wow
15:19 Shai : nice
15:19 Jitender : 🙂
15:19 Jitender : tere is always a trade after 3.05pm
15:19 Shai : all the writers thought it was free money
15:19 Jitender : yh
15:19 Shai : 1 to 90
15:20 Jitender : 0 (15:16) Jitender : 44-18 (15:12) Jitender : 30.2ce excess prem
15:20 Shubro : got that done Jit
15:20 Shubro : thanks
15:20 Jitender : +1
15:21 Jitender : tats y i love tradn…if u wait n r obsvarant..mkt will lots of oppr for bread, butter & chicken
15:21 Hari : Shai, USDINR at supply?
15:23 Shai : yes
15:25 Jitender : bye all…enjoy the brk n tc
15:25 Shubro : thanks Jit and everyone See you next week
15:27 Uttam : so morning IS in both staying in control all day today
15:27 Uttam : 11836 & 30648
15:28 MJ : IS and o=h in nf ns. C holding lows and rotation in play.
15:28 MJ : Shai won’t have happened without this room. Thanks for a really good day.
15:29 Shai : +1
15:29 MJ : greens at close.
15:29 Shai : cheers
15:29 MJ : Bye everyone
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Uttam : thanks All 🙂 have a lovely evening & a nice weekend
15:29 Boppanna : Bye and thx all
15:29 Subhodeep : byebye all have a great weekend
15:30 Himanshu : bye all good day
15:30 Himanshu : have a great week end –


10:05 Subhodeep : shai icici adn yes bank intra supports levls please
11:02 Shai : 400- 401 inhra supp
11:02 Shai : the bigger swing supp is also near by at 396
11:03 Subhodeep : shai possib le to checkof chart of reliacne if you can seeing llot fo big orders at 1380 futures
11:03 Subhodeep : ?
11:06 Shai : yes bank 252 intra supp
11:06 Subhodeep : thanks fo rcici na dyes
11:06 Shai : RIL I don;t have a F chart live, but cash has heavy buying at open
11:11 Subhodeep : noted shai
11:23 Hari : Shai, dont beat me for this, views on Jet airways pls swing 🙂
11:29 Shai : lol
11:30 Shai : Jet is the one beating SBI also 🙂
11:31 Shai : 143 last supp in jet
11:31 Shai : has heavy res at 305
11:32 Shai : 305 was the first of the insiders who dold
12:10 Gaurav : Shai TATACOMM can buy for April/May?
12:46 Shai : tatacomm buy confirms abv 577 only. 610 is heavy supply also and may be diff to cross in may
12:50 Gaurav : Thanks Shai. Kindly have a look at DMART too if possible for a quarter.
12:57 Shai : Dmart is at an imp swing supp 1370 . needs a hold abv it inti close for a move to 1454
12:58 Shai : failure here can signal 1280 also
14:23 Gaurav : Reliance can take a BTST Shai? Results awaited
14:28 Subhodeep : shai that seller who can dump hindalco to 198 is he still active ?
14:35 MJ : Shai tisco round 2 of dip has gotten buyers?
14:35 MJ : Can scale back to 555?
14:40 Shai : RIl has buyers but has moved well for a BTST.
14:40 Shai : better to take profits here
14:41 Shai : yes hindlaco still shows seller
14:42 Shai : tata steel got buyers
14:42 MJ : Thanks Holding swing up.
14:45 Subhodeep : shai id view on naj finance for the remaining 45 minutes plz
14:45 Subhodeep : bajfinance*
14:46 Shai : 3010 supp
14:57 Subhodeep : tks shai
14:57 Subhodeep : hope this wirks absis risk reward at my end

Order Flow charts dated 18th Apr

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

09:05 Vtrender Live : (09:01) Vtrender Live: option charts – https://join.me/953-370-966
(09:05) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/259441949

09:15 Shai : (09:15) Shai : update – Make an exit in the 30100 puts ay 80 cm,p

09:33 Shai : (09:33) Shai : Intra – Buy NF 11786 sl of 11755 tgt 11835.

09:52 Shai : (09:52) Shai : NF at 11803 book half and ride at 11785 some

09:57 Shai : (09:57) Shai : Book fully NF – 11804 here

13:05 Shai : (13:05) Shai : INtra – Buy NF 11820 sl of 11795 tgt 11865

14:00 Shai : (14:00) Shai : NF at 11839. Book half and ride the rest at 11820 cost

14:56 Shai : (14:56) Shai : Update – NF book out 11829 the balance

15:16 Shai : (15:15) Shai : Positional – Buy BankNifty 30595- 30605 sl of 30390 tgt 30900/ 31200.


09:01 Vtrender Live : option charts – https://join.me/953-370-966
09:04 Himanshu : GM all
09:05 Mani : Gm all
09:05 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/259441949
09:06 Deepak : hi
09:06 Deepak : Good Morning
09:07 Deepak : Uttam – hi i was waiting for your call yesterday
09:07 Jitender : Gm Folks 🙂
09:08 Uttam : Good Morning All 🙂
09:09 Uttam : hi Deepak I did call you yesterday evening but there was no response
09:09 Govind : Good morning guys
09:09 Deepak : oh ok
09:09 Uttam : 6:15 PM
09:09 Deepak : can u send me u r mobile no
09:09 Deepak : i will call u in the evening
09:09 Deepak : have network issues
09:09 Deepak : big time
09:09 Shai : GM all
09:09 Shai : https://vtrender.in/market-profile-analysis-dated-15th-apr/
09:09 Deepak : GM Shai
09:11 Himanshu : Shai- GM – BNF f wants open above HVN2
09:12 Uttam : NF can move away from the composite here Shai?
09:12 Uttam : but we need good volumes?
09:12 Boppanna : Gm all
09:14 Lokesh : GM All
09:15 Govind : SL hit
09:15 Shai : update – Make an exit in the 30100 puts ay 80 cm,p
09:16 Shubro : Jit +1
09:16 Shai : yes the gap up killed the option
09:16 Shai : 30340 is still supply for the gap
09:16 Jitender : chhers Shubro
09:17 Jitender : cheers
09:17 Uttam : NF open low start above the VAH of the composite
09:17 Uttam : BNF revisits that FA of 30335
09:18 Uttam : yesterday was a low volume & narro rage day so can we have some bigger rage today 😉
09:19 Lokesh : volumes are missing in chart?
09:19 Uttam : 11700ce writers under pressure here looks like?
09:19 Jitender : 15:19 Himanshu : Uttam – Jit BNf closing +ve15:19 Himanshu : spike up tom morning possible15:20 Jitender : ys
09:19 Himanshu : Jit =1
09:19 Himanshu : jit +1
09:20 Uttam : 11834 coming today in NF?
09:20 Jitender : howz the josh 🙂
09:20 Uttam : high sir 🙂
09:20 Jitender : +100
09:21 Himanshu : Exited overnight 30100- 30000 PEs at 356F
09:22 Jitender : +1
09:22 Jitender : icici rockn
09:22 Boppanna : Nice one Jit
09:24 Jitender : +1
09:30 Jitender : 11.6 at top bnf
09:33 Shai : Intra – Buy NF 11786 sl of 11755 tgt 11835.
09:35 Shai : 30100 puts are being written for 0 sl of that 80 we had c,mp 56
09:40 Gaurav : ATH on spot
09:40 Jitender : new LTH nf (09:20) Jitender : howz the josh 🙂
09:41 Uttam : +1
09:41 Uttam : closed at the dPOC of 11727 giving a nice Gaussian Profile for the day with the lowest range of this series of just 57 points and a good chance of giving a move away from this POC in the next session….had mentioned this in todays report
09:41 Jitender : lovely weather in delhi today..n also on the screen 🙂
09:41 Jitender : +1 Uttam…
09:41 Boppanna : +1
09:41 Uttam : (09:12) Uttam : NF can move away from the composite here Shai?
09:41 Shai : +1
09:42 Shai : except that could have done it without the gap
09:42 Uttam : yes Shai 🙂
09:42 Boppanna : 🙂
09:42 Jitender : 🙂
09:43 Jitender : Shai..usdinr at supply point ?
09:43 Uttam : (09:19) Uttam : 11700ce writers under pressure here looks like?…OI down by almost 5L in this since open
09:44 Boppanna : Shai is this an OTD?
09:44 Boppanna : in NF
09:44 Shai : yes usdint 69.66 supply zone
09:44 Uttam : OAOR plus drive on low volumes though
09:44 Boppanna : ok thx Uttam
09:44 Jitender : tx chief
09:45 HPandey : shai yesterday sellers covered in open today?
09:45 Shai : yes
09:45 Shai : seller caught upside down
09:46 Anubhav null : rs in nf
09:50 Shai : in IB and at close watch the 30 min @anubhav
09:50 Shai : BNF for 30488
09:51 Jitender : 30.1ce taken at 235 at opne..part book at 301
09:52 Shai : NF at 11803 book half and ride at 11785 some
09:52 Jitender : +1
09:53 Shai : some one places a profit book order at 11806
09:53 Shai : and was executed fully
09:53 Shai : 114k sold
09:53 Jitender : booked all in bnf
09:54 Jitender : 321
09:54 Shai : +1
09:54 Jitender : _/\_
09:57 Shai : Book fully NF – 11804 here
09:59 MJ : Nice one shai.
10:01 Shai : +1
10:03 Subhodeep : good morning all
10:04 Subhodeep : congo to everyone for the all time high on the nf and ns
10:06 Himanshu : bot booking out,, Uttam- Jit
10:20 Anubhav null : short here?
10:21 Shai : C ext can do vwap
10:24 Uttam : NF all time high still pending Subho
10:24 Uttam : 11834 that weekly FA
10:24 Uttam : @Himanshu profit booking is always good 🙂
10:31 Himanshu : yes – now will wait for fres entry at open test if it comes
10:31 Himanshu : r we heading for DD –
10:32 Himanshu : second lag down
10:32 Uttam : vwap imp ref for the day
10:32 Uttam : possible tredn day here
10:33 MJ : Uttam do you recall that 5day poc stat?
10:34 Uttam : BNF got soem RS at 30455
10:35 Uttam : but NF still looking good
10:35 Subhodeep : MY BAD got enthused with spot but aaj ho jana chahiye so congo n advance :)(10:24) Uttam : NF all time high still pending Subho
10:35 Uttam : lol Subho…yes should happen today…Amen
10:35 Uttam : (09:20) Uttam : 11834 coming today in NF?
10:37 Uttam : Mihir I do not use that in my analysis but we had a full series POC at 11727 where we closed yesterday
10:39 MJ : Yes 11727.
10:39 Uttam : 11788-780 is the zone NF needs to hold now & we can probe higher
10:39 MJ : Just curious. small deviation of values in mplite vs your poc value is okay right?
10:39 Uttam : 11780 is the initiative buyer today
10:40 Uttam : old comp now at 11748-11727-11652
10:41 Uttam : yes Mihir as that 11721-730 is a high vol zone so little bit of difference can be there
10:41 MJ : Adding yest day vpoc is at 11728.2
10:41 MJ : Before that it stayed 11718ish.
10:41 MJ : Thanks.
10:41 Uttam : if you take the tpo POC it comes to 11721
10:42 Uttam : so 11700pe needs to be watched
10:47 Shai : C done
10:47 Shai : 11820 and 30480 new ref zones for day
10:47 Shai : supp is vwap/ dpoc
10:48 Shai : in 90% cases of this profile the vwap/ dpoc won;t break
10:48 Shai : for intra that is
10:49 Uttam : 30516 is a composite vpoc in BNF above that we can get the higher vpoc of 30666
10:50 Lokesh : Gap Up, O=L, P+OI+Vol+PCR rising, Price above VWAp . Seems Will end in a Trend day closing at high of day.
11:01 Uttam : NF tagging the monthly IBH of 11822.6
11:08 Shai : condition of a trend day is HH and HL- (10:50) Lokesh : Gap Up, O=L, P+OI+Vol+PCR rising, Price above VWAp . Seems Will end in a Trend day closing at high of day.
11:08 Shai : all the others are not imp
11:08 Shai : KISS it
11:09 Shai : BNF has that heavy supply at 30480- 30500
11:09 Shai : one time frame stopped in BNF already
11:13 Uttam : yes Shai last month’s RO point also there at 30500
11:17 Jitender : icici direct guy sayn tat golden cross ovr happened at 10470 on 15/3nnn15% return tgt for tat pattern is 12.8-13k
11:18 Jitender : saala 15th ko batana chaiye tha na
11:19 Jitender : 15/3 n 15%
11:22 Govind : Golden Crossover…sounds like something from GoT
11:22 Govind : Uttam, this is probably a good place to try a weekly NF strangle?
11:23 Govind : breakeven is below 1% on 11750/11850.
11:24 Raj : What is RO Uttam?(11:13) Uttam : yes Shai last month’s RO point also there at 30500
11:24 Raj : Roll Over?
11:26 Govind : Yes Raj.
11:26 Raj : Thanks Govind
11:29 Uttam : @Govind tom is a holiday so this week’s strangles may not give too much that too if we end up as a trend day today then Thursday weekly expiry could be a muted one
11:30 Uttam : @Raj yes that is the rollover point for this series which had been slightly dominated by sellers so far so close above tht point could mean change in market conditions
11:31 Govind : Uttam, good point. Forgot about Mahavir Jayanthi
11:36 Raj : Thanks Uttam..
11:41 Uttam : Friday is also a holiday this week so better not to carry any April options
11:42 Uttam : unless it is deep ITM & also deep in profit 🙂
11:44 HPandey : OTF stopped uttam?
11:45 Uttam : yes HPandey, BNF stopped earlier itself & now NF also stopped
11:46 Uttam : OAOR so could be a range bound afternoon before giving a move later in the day
11:46 Uttam : USDINR new day highs?
11:49 Lokesh : Can MKT profile chart be zoomed more so we can see clearly all TPOs
11:49 Lokesh : Price and TPO al overlapping
11:53 Uttam : if we zoom then we will not be able to see the prev 2 day’s profile
11:53 Uttam : you can watch the same on website also
11:53 Uttam : its bigger there
11:54 Lokesh : Thank you Uttam
11:54 Uttam : https://mplite.vtrender.com/
11:55 Uttam : both making a ‘p’ profile for now
11:56 Lokesh : Yep
12:08 Lokesh : Does AB adjacent TPOs are hey Anomolies ?
12:15 Uttam : 11796 coming in NF>
12:15 Uttam : ?
12:19 Uttam : some reds at vwap getting stuck?
12:20 Lokesh : Anomalies single price with have unusual structure weakness
12:21 Lokesh : Which is right and false anamolies. Any idea?
12:23 Anubhav null : 11835 now coming
12:25 Uttam : needs to get greens above 11815 for new highs
12:27 Uttam : BNF waking up?
12:28 Uttam : trifecta greens in it
12:28 Uttam : at ibh
12:28 Uttam : new highs htere
12:29 Uttam : boom
12:29 Uttam : reds coming but looks like being absorbed?
12:31 Uttam : 30516 comp vpoc in BNF
12:31 Uttam : 16k red at top here
12:34 Anubhav null : bnf high done for the day?
12:34 Jitender : y do u say tat Anubhav ?
12:35 Uttam : mechanical hgih and expected supply at RO point
12:35 Uttam : plus round number
12:35 Himanshu : Bhi unka anubhav hoga
12:35 Anubhav null : lol
12:35 Uttam : alsmot 3 hours to go & Anubhav seems to have tamed the beast 😉
12:35 Himanshu : Anubhav ka bahot impotance hai
12:36 Himanshu : Jit ne ka liye woh uttam hai
12:36 Jitender : 🙂 anubhav hi to pucha taki hum bhi same anubhav ka labh utha sake
12:36 Himanshu : Have fast alseep – 3 times today and NF – BNF is playing ping-pong
12:36 Uttam : BNF going for Shai’s 30580 looks like
12:37 Himanshu : Shai – ne bola to khatm
12:37 Boppanna : Just needs to sustain 500 for a little while
12:37 Uttam : (12:27) Uttam : BNF waking up?(12:28) Uttam : trifecta greens in it(12:28) Uttam : at ibh
12:37 Himanshu : Bol shree BNF maathko jai
12:38 Jitender : new high anubhav
12:38 Uttam : supply is getting abosorbed here in BNF
12:38 Jitender : naya anubhav kijiye
12:38 Uttam : 30516 vpoc done
12:38 Jitender : 30.2ce 231-291 part book
12:38 Uttam : another 11k red here
12:38 Jitender : lo..pura book
12:39 Uttam : 30580 can come Jit
12:39 Jitender : k
12:39 Boppanna : congrats Jit
12:39 Jitender : tx
12:39 Uttam : (12:35) Uttam : mechanical hgih and expected supply at RO point(12:35) Uttam : plus round number
12:40 Jitender : for newbies…trend days see’s lot of contra reds….coz of ID n multi day bookings
12:40 Uttam : NF not making new hgihs here
12:41 Uttam : needs to pull up now else BNF can tretrace
12:41 Uttam : boom boom
12:41 Uttam : 15k at 30545
12:42 Uttam : 30580 ko salaam
12:42 Boppanna : That was a quick 70 12:37 Boppanna : Just needs to sustain 500 for a little while
12:43 Uttam : 2 atr in BNF done from Fridays FA of 29833
12:44 Boppanna : Thx for all these updates uttam
12:44 Jitender : +100 (12:39) Uttam : 30580 can come Jit
12:45 Jitender : 30.1pe at 30
12:46 Jitender : 11.7ce dbles from yday close
12:47 Boppanna : Never sustained below 435 since IB hypo was a bulls eye even if gap up hit the 30100pe carry of yesterday f) On the upside, if 30435 is sustained BNF can tag levels of 30485-516 & 30580
12:49 Jitender : +1
12:51 Uttam : _/\_
12:57 Uttam : BNF hgih so far is exact 1.5 IB range ext
12:58 Uttam : NF needs to make a move here
13:00 Uttam : (10:49) Uttam : 30516 is a composite vpoc in BNF above that we can get the higher vpoc of 30666…can we do this today?
13:04 Shai : BNF take off mode
13:04 Jitender : m/c in full capacity chief 🙂
13:05 Uttam : it started here….(12:27) Uttam : BNF waking up?(12:28) Uttam : trifecta greens in it(12:28) Uttam : at ibh(12:29) Uttam : reds coming but looks like being absorbed?
13:05 Shai : +1
13:05 Uttam : OF showed the way
13:05 Shai : INtra – Buy NF 11820 sl of 11795 tgt 11865
13:05 Uttam : NF also warming up looks like
13:06 Jitender : (09:20) Jitender : howz the josh 🙂
13:06 Uttam : 🙂 Still high Sir
13:06 Jitender : +1
13:07 Jitender : seeded it yday (09:19) Jitender : 15:19 Himanshu : Uttam – Jit BNf closing +ve15:19 Himanshu : spike up tom morning possible15:20 Jitender : ys
13:07 Uttam : +100
13:08 Uttam : NF is waiting for BNF to catch up so that both came make new ATH together 😉
13:09 Uttam : that 28k green in BNF looks to be shorts SL
13:09 Jitender : 28k green..booked again
13:10 Uttam : (10:49) Uttam : 30516 is a composite vpoc in BNF above that we can get the higher vpoc of 30666….40 more to go
13:11 Uttam : 30666 is also exact 2 IB today
13:11 Uttam : always amazed at how levels always match up in MP
13:12 Jitender : symmetry
13:12 Himanshu : so uttam now – in second half to complete P
13:12 Jitender : its DD in bnf now
13:15 Uttam : still lot of time left in the day so looks like up move came early?
13:15 Shubro : more smash coming i think
13:15 Jitender : a test of 460-520 will tell
13:16 Shubro : reliance yet to fire
13:16 Uttam : yes Jit 30520 level to watch in BNF on dip
13:19 Uttam : 11800ce on watch after 11700ce writers being forced to cover since open
13:23 Govind : Uttam, NF looks like a P?
13:23 Uttam : yes Govind
13:24 Govind : So, is this a short covering rally with follow-up to be seen?
13:25 Uttam : short covering yes but lots of shorts being added today also so can force them to exot as well
13:25 Govind : OK. Thanks
13:25 Uttam : BNF already made an extension
13:25 Uttam : not its turn of NF?
13:26 Govind : Let’s hope 🙂
13:26 Uttam : now* its turn of NF
13:29 Jitender : timing 🙂 (13:09) Jitender : 28k green..booked again
13:31 Anubhav : hmm
13:35 Anubhav : holiday tomorrow
13:35 Govind : No fresh buyers?
13:36 Anubhav : divergent highs
13:36 Anubhav : game over i guess
13:36 Govind : RIL is tumbling
13:37 Jitender : 53o odd so far (13:15) Jitender : a test of 460-520 will tell
13:39 Uttam : @Anubhav are you trying to instigate both NF & BNF 😉
13:40 Uttam : BN spot has poor highs at ATH so looks like it is going to repair that this week if not today
13:43 Anubhav : ohk
13:50 Shai : 30660 F last vpoc
13:51 Uttam : yes Shai
13:51 Uttam : BN Spot has got above the weekly vpoc of 30490 so looks all set to make new ighs
13:58 Govind : HDFCBank at day’s high
13:59 Uttam : NF boom boom
13:59 Govind : Uttam, VPOC is the same as POC volume?
13:59 Uttam : new ATH
13:59 Uttam : (10:49) Uttam : 30516 is a composite vpoc in BNF above that we can get the higher vpoc of 30666….30 more to go….
13:59 Govind : and RIL has not even participated today
14:00 Shai : NF at 11839. Book half and ride the rest at 11820 cost
14:00 Uttam : (09:12) Uttam : NF can move away from the composite here Shai?(09:17) Uttam : NF open low start above the VAH of the composite(09:20) Uttam : 11834 coming today in NF? Done
14:01 Deepak : any target for positional ?
14:01 Uttam : MP showed the path within 5 mins of open today
14:01 Deepak : i am long in bnf from 26990
14:01 Deepak : and nifty 117000 levels
14:01 Deepak : 11700
14:02 Uttam : 1L red in NF is a mix order Shai?
14:02 Uttam : SLs?
14:02 Deepak : nifty 11810
14:02 Uttam : NF completes 1.5 IB ext up
14:02 Deepak : bnf 30545
14:02 Deepak : sls
14:03 Deepak : Nifty Sl 11810 / BNf sl 30545
14:03 Uttam : 11915 coming in NF looks like
14:03 Deepak : ok
14:03 Uttam : by Friday
14:03 Deepak : and bnf ?
14:03 Deepak : thanks
14:05 Uttam : (10:49) Uttam : 30516 is a composite vpoc in BNF above that we can get the higher vpoc of 30666…BNF high so far 30653
14:06 Shai : mix yes- (14:02) Uttam : 1L red in NF is a mix order Shai?
14:06 Uttam : thanks Shai
14:07 Deepak : ok thanks
14:09 Shai : 30653- (13:50) Shai : 30660 F last vpoc
14:09 Shai : if it survives abv this
14:09 Shai : buyt a 30600 call imnto close for aclose at highs
14:10 Deepak : nifty gives a breakout of 11834 also breakout of rounding bottom
14:11 Deepak : if it sustains that is
14:12 Uttam : are we going to get a afternoon pull back for this trend day?
14:12 Shai : 30650/ 30680 last of the 2 big sellers we aaw on 1st and 3rd april
14:15 Uttam : above 30666 BNF can do 30715-727
14:16 Deepak : thanks
14:17 Subhodeep : shai dhi 15900 is a sl ?
14:28 Shai : in BNF?
14:28 Shai : No
14:28 Uttam : NF 5mins
14:28 Uttam : we have a 15900 green at top
14:28 Shai : just profit bookings coming
14:30 Uttam : Jit making sure BNF is a DD 🙂
14:32 Anubhav : btst 11800 call tgt 120
14:33 Uttam : BNF finally tags 30660 🙂
14:33 Uttam : 30666
14:35 Jitender : +1
14:35 Jitender : 30.4ce 179-255
14:36 Uttam : nice Jit 🙂 congrats
14:37 Uttam : BN Spot needs 60 more points to repair that poor highs
14:37 Shai : 24- (09:35) Shai : 30100 puts are being written for 0 sl of that 80 we had c,mp 56
14:37 Uttam : +1 Shai
14:38 Shai : massive failure by sellers on the gap open todau
14:41 Jitender : tx Uttam…
14:41 Jitender : good day for a holiday week…
14:41 Jitender : peaceful sleep now
14:42 Uttam : +1 OL today gave the first hint 🙂
14:42 Jitender : u as a bull r very dangerous
14:42 Jitender : nvr to b ignored
14:42 Jitender : had mentioned tis earlier also
14:42 Uttam : _/\_
14:44 Shubro : i remember Jit very well…Uttam + 100
14:45 Uttam : guys be careful about longs here & trail it well as can give a big dip into the close
14:47 Shubro : ok boss
14:52 Uttam : NF taking sup at monthly IBH of 11822.7
14:52 Uttam : if that breaks next level is the IBH + vwap combo
14:54 Uttam : (11:01) Uttam : NF tagging the monthly IBH of 11822.6
14:54 Uttam : If this holds then close at highs
14:54 Uttam : lots of reds are there today to give that spike
14:56 Boppanna : Uttam you leaving the BN spot new high for Friday
14:56 Shai : Update – NF book out 11829 the balance
14:57 Uttam : Bops 🙂 BN is the queen you see so her wish is everyones command 🙂
14:59 Deepak : seems profit booking going on ? or intra positions being booked ?
15:00 HPandey : uttam..shai we have value completly abvove compo…so now again in imbalance?
15:00 Anubhav : nice selling
15:02 Shai : @Hpandey it;s a P in NF and a DD in BNF
15:02 Shai : imblaned yes but through short covering
15:02 Shai : 11730 F test due
15:03 HPandey : okkk so ideal trend day would we better for imbalance?
15:04 Shubro : Shai what is your go forward view on NF and BNF now?
15:04 Shubro : The BNF DD extension / RO point to be tested ?
15:04 Jitender : Its part PB n also the powers to be want to eat CE prem as well due to holidat..ie y bnf peaked n ten tey held it n now have CE prems as well in their kitty’
15:05 Jitender : peaked early
15:05 Shubro : right Jit thanks
15:05 Jitender : bck to 179 (14:35) Jitender : 30.4ce 179-255
15:07 Shai : bullish @shubro
15:07 Shai : buy dips
15:07 Shubro : ok
15:08 Shubro : Shai any buying of options is for next expiry week right?
15:09 Boppanna : Shai upper extreme for Thursday NF and BNF pls
15:09 Shai : yes BNF can buy next expiry
15:09 Shai : 30830 Bopp
15:09 Boppanna : thx
15:10 Shai : BNF can give a 70 point dip?
15:11 Boppanna : looks possible
15:14 Anubhav : vwap lending support
15:15 Boppanna : dpoc
15:15 Anubhav : nice
15:15 Shai : Positional – Buy BankNifty 30595- 30605 sl of 30390 tgt 30900/ 31200.
15:16 Jitender : +1
15:16 Shai : 2 buy signals today in BNF and NF
15:16 Shai : will go with the NF
15:16 Shai : BNF**
15:21 Uttam : shorts getting out in both?
15:22 Shai : yes
15:22 Shai : dip used to cover
15:22 Uttam : +1
15:22 Govind : and HDFCBank closing at day’s high!
15:23 Uttam : 70k COT
15:23 Uttam : 22k in bnf
15:23 Uttam : stgart of a new IPM this could be Shai?
15:25 Uttam : NF COfrom -5L now to -3.6L & still shorts coveringT
15:25 Uttam : 53k green in NF
15:26 Rajiv : Shai significance of closing above 11830
15:26 Uttam : ‘p’ profile in both so today’s POC will be imp ref for Thursday
15:27 Uttam : @Rajiv it is negating that weekly FA so that opens up a 1 ATR move on weekly timeframe to the upside
15:27 Shai : Break from balance Rajiv
15:27 Shai : April can go to a close at highs if we follow through on this
15:27 Shai : also 11730 new supp
15:27 Uttam : +1 Shai
15:28 Jitender : bye guys..tc
15:28 Shubro : by eveyone
15:28 Shai : Bye all
15:28 Uttam : thanks All 🙂 have a lovely evening & a good break tom
15:28 Shai : Have a nice evening
15:28 Uttam : catch up on Thursday
15:28 Shai : Catch up Thur
15:29 Lokesh : What is daily report link?
15:29 Boppanna : bye and Thx all
15:30 Boppanna : @Lokesh check the Forum in vtrender.com and also posted in slack
15:31 Lokesh : Thanks Bopanna
15:32 Anubhav : bbye


9:56 Gaurav : Shai can buy Escorts for 830?
10:30 Shai : escorts buy onky abv 800 now. has met sellers there
10:30 Shai : if 792 is not defended can do yesterday lows again
11:48 Uttam : Maruti tagging the 1 ATR move from weekly Fa of 7044 at 7460
11:48 Uttam : had mentioned this last Tuesday here
11:49 MJ : Uttam check slack for maruti 🙂
14:21 Gaurav : Shai Asian Paints can sell for 1400?
14:35 Shai : asian has 2 supports at 1445 zone. a close here abv 1462 today can send it higher
14:51 Gaurav : Thanks Shai

Order Flow charts dated 16th Apr

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

09:07 Vtrender Live : (09:04) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/366503373
(09:07) Vtrender Live: option charts – https://join.me/255-968-165

09:49 Shai : (09:49) Shai : Trade- Buy 30200 call at 126 sl of 96 tgt 176.

10:23 Shai : (10:22) Shai : Update – 30200 call at 149. Book fully.

11:46 Shai : (11:45) Shai : Intra – short NF 11707 sl of 11732 tgt 11660.

13:37 Shai : (13:37) Shai : Make exits in the NF shorts at 11720 F here

14:28 Shai : (14:28) Shai : Trade- Buy 30100 puts at 148- 150 sl of 80 tgt 245/ 300. Hold till tom.


08:55 Himanshu : GM – Chief
08:55 Himanshu : GM -all
08:56 Subhodeep : good morning all
08:58 Lokesh : GM
09:01 Subhodeep : pre open looks decent , asian markets all buyonat
09:01 Subhodeep : shai the ref of 11730 still holds importance?
09:02 Vtrender Live : option charts – https://join.me/779-130-567
09:04 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/366503373
09:06 Dr Prajwal : gm shai and all
09:07 Vtrender Live : option charts – https://join.me/255-968-165
09:09 Shai : GM all
09:09 Deepak : GM
09:09 Shai : https://vtrender.in/market-profile-analysis-dated-12th-apr/
09:09 Shai : https://vtrender.in/weekly-charts-8th-to-12th-april-and-market-profile-analysis/
09:10 Rahul Desai : Good morning everyone
09:11 Jitender : Gm Folks 🙂
09:12 Shai : yes- (09:01) Subhodeep : shai the ref of 11730 still holds importance?
09:12 Shubro : GM folks
09:12 Mani : GM all
09:13 Uttam : Good Morning All 🙂
09:19 Uttam : NF seems to be overcoming the RS at 11706?
09:20 Shai : some dip buyers at open
09:20 Shai : could be friday sellers booking
09:21 Govind : Good morning all.
09:22 Uttam : BN spot above that 30000.95 🙂
09:23 Uttam : though BNF yet to make new highs
09:25 Himanshu : first hypo – Uttam in BNF – 20056-145-168-2335-260 playing out
09:27 Uttam : 10k buyer in BNF at 30140
09:27 Himanshu : 1DT done – Uttam
09:28 Uttam : super Himanshu 🙂 congrats
09:28 Himanshu : Tried spoting – open type
09:28 Himanshu : Self Help- Where is Jit ?
09:31 Rahul Desai : Shai the volume that we see in the blue table below is pure Quantity or Number of Lots traded?
09:33 Uttam : that is the total vol Rahul
09:34 Uttam : big reds in NF
09:34 Anubhav null : Is
09:34 Uttam : 51k COT in this 5min bar
09:34 MJ : Good morning everyone
09:35 Uttam : hi Mihir you BN spot 30000.95 did not hold so more upside in BN?
09:36 MJ : As far as we stay above it.
09:36 MJ : Also I see number art just from ID perspective with a pinch of salt.
09:36 Uttam : but BNF yet to get above Friday highs
09:37 MJ : Yes I read that. Premium has reduced in both.
09:37 Uttam : range bound week looks like
09:37 Shai : Yes
09:37 Shai : heavily
09:37 Shai : 40 now from 100 🙂
09:37 Uttam : premium eating time in options
09:37 MJ : 11650 ce/pe is drawing down since last week.
09:38 Uttam : 11700 is the new combo to watvh
09:38 Uttam : both at 95-100
09:38 Shai : 11660 and 30010 supp
09:40 Deepak : 11660 / 30010 SPOT OR FUTURE LEVELS ?
09:40 Deepak : since i am new
09:41 Shai : only F for intra day
09:41 Rahul Desai : Thanks Uttam
09:41 Deepak : ok thanks
09:41 MJ : Uttam combo levels to watch in that straddle please?
09:41 Shai : you should trade the levels on the charts you see especially for intra
09:42 Deepak : ok
09:42 Deepak : need some material on how to read and interpret your chart
09:42 Deepak : where can i find it ?
09:42 Anubhav null : check welcome mail
09:43 Deepak : ok
09:43 Uttam : the links are there in the welcome mail Deepak
09:43 Deepak : ok thanks
09:43 Uttam : will also call you today evening
09:43 Deepak : ok great
09:44 Deepak : do u also discuss upon the candle charts and evolving chart patterns ?
09:45 Deepak : or stick to your charts ?
09:45 Uttam : we use MP and OF
09:45 Deepak : what is MP and OF > ?
09:46 Uttam : Mrket Profilr
09:46 Uttam : Profile
09:46 Uttam : and Order Flow
09:46 Deepak : k .. thanks
09:46 Lokesh : Do you have have any Master template, where Key points for INtraday can be recorded
09:47 Uttam : we have a daily report which you can refer for levels
09:47 Jitender : 22.14 vix
09:48 Uttam : plus in the table on the left hand side you have all the levels mrked and the same are also marked on the charts
09:48 Uttam : BNF going for that 30247?
09:48 Uttam : 17k buyer
09:49 Uttam : needs to stay above 30168
09:49 Lokesh : CL1, CL2, CL3 and CL4 is not visible?
09:49 Shai : Trade- Buy 30200 call at 126 sl of 96 tgt 176.
09:55 Shai : 21.1 supp in vix
10:02 Lokesh : where can i see for Nifty Delta and cumulative delta?
10:03 Uttam : https://global.gotomeeting.com/join/366503373
10:03 Uttam : here
10:06 Lokesh : Thanks Uttam
10:14 Jitender : crude hi, usdinr hi n bnf lso hi
10:14 Jitender : n vix hi
10:17 Subhodeep : now nifty also enroute for day hi
10:17 Subhodeep : 🙂
10:18 Subhodeep : tagged series composite poc at 717 718
10:18 Subhodeep : today
10:19 Anubhav null : reds in bnf
10:19 Anubhav null : move over?
10:19 Uttam : (09:48) Uttam : BNF going for that 30247?….30226 high so far
10:20 Uttam : we have a C side ext in BNF
10:20 Uttam : but PLR still up
10:20 Uttam : A period singles
10:22 Subhodeep : one move building up imho(10:19) Anubhav null: move over?
10:22 Shai : Update – 30200 call at 149. Book fully.
10:23 Shai : will respond again if 30250 is taken out with biug volumes post 11 am
10:24 Shai : 30260/ 11730 ref zone for the morning auction
10:24 Subhodeep : shai any stocks on your personal watch list from the fno space?
10:26 Shai : 155 res in the 30200 call now
10:28 Ravi : Hi Uttam ..does 17k in NF got stuck?
10:28 Uttam : we are still there only Ravi
10:28 Uttam : lets see
10:28 Uttam : could be a SL of shorts too
10:28 Ravi : Tq Uttam
10:28 Uttam : 13k green
10:29 Uttam : 11721 is the hvn so negotiation going on here
10:29 Ravi : ok
10:29 Shai : reason to come out of that long is C side extension right?
10:30 Shai : don’t forget the guidelines
10:31 Lokesh : All Day delta negative , does it indicate down bias?
10:32 Shai : delta is meaningless on day TF
10:32 Shai : we don;t follow it
10:33 Lokesh : ok
10:35 Shai : 30130 new supp in BNF – (09:38) Shai : 11660 and 30010 supp
10:43 Uttam : good chances of D making fresh RE up
10:44 Subhodeep : whats RE UTTAM?
10:45 Uttam : range ext
10:45 Shai : @subhodeep my list of bulls today- https://vtrender.slack.com/archives/C0F5YFATH/p1555305330000100
10:46 Shai : BN and Vix also in the scan but not NF
10:46 Uttam : 13700 red in BNF
10:47 Uttam : 30239 high so far…missed that 30247 by 8 points as of now
10:48 Shai : second round of profit booking in BNF
10:49 Uttam : NF has 3 tpos at top
10:51 Deepak : i am long in bnf since yesterday 29960 any target ?
10:52 Deepak : my personal targets are 30270 and 30340
10:52 Deepak : advise please
10:53 Uttam : nice Deepak, you can look to part book here around 30247-260 levels & trail rest to cost
10:53 Deepak : ok thanks
10:53 Uttam : fresh leg up will be only above 30260 with vols increasing
10:54 Deepak : ok
10:54 Deepak : so i close positions book profit and if the levels cross 30260 reenter ?
10:54 Uttam : yep
10:55 Deepak : Long in nF 10690
10:56 Deepak : since yesterday
10:56 Deepak : target 10729/10746
10:56 Deepak : NF looks weak
10:56 Deepak : feel like exiting
10:56 Uttam : NF still in Friday range
10:57 Deepak : ok
10:57 Subhodeep : uttam you remember friday nf high ?
10:57 Uttam : unable to get above that high vol zone of 11721-730
10:57 Subhodeep : what was it 742?
10:57 Uttam : 11727
10:57 Subhodeep : oh ok
10:57 Subhodeep : thanks
10:57 Uttam : 🙂
10:57 Deepak : yes
10:57 Deepak : struggling
10:57 Uttam : 84k red was there at Friday highs
10:57 Uttam : that seller still holding
10:58 Subhodeep : another vwap test
10:58 Shai : yes 11706 has to hold
10:59 Shai : else upside probes may be done till 2 pm
10:59 Subhodeep : itc not giving a good feeling
11:00 Subhodeep : thanks for the list shai
11:00 Subhodeep : appreciate it
11:00 Deepak : ok
11:01 Deepak : place stop loss for nf at 10680 ?
11:03 Deepak : and bnf 30178 ?
11:09 Shai : @Deepak stops are decided based on the business plan at the time of entry and the timeframe of your trade
11:09 Shai : without knowing either how can a stop be suggested??
11:11 Deepak : traded on 60 min tf – upon breach of significant top at 29952 – initial stoploss was 29830
11:12 Shai : okay
11:13 Shai : as Uttam mentioned there is significant supply at 30260F
11:13 Shai : initial supp is at 30130 F for day
11:13 Shai : we are keeping a bias positive abv 30130 for day
11:13 Deepak : Nf traded on 60 min tf upon breach of significant top 11670 initial sl being 11625
11:13 Deepak : ok thanks
11:13 Shai : plan – (10:23) Shai : will respond again if 30250 is taken out with biug volumes post 11 am
11:14 Deepak : ok thanks a lot
11:29 Shubro : Uttam todays day is OAIR in both?
11:29 Subhodeep : VWAP test on
11:30 Uttam : BNF moved out of prev day range at open itself Subho
11:30 Uttam : NF is an OAIR
11:30 Uttam : BNF just Open Auction
11:32 Subhodeep : subhro i guess uttam i am not a bnf fan .. have no control over that beast
11:33 Uttam : sorry 🙂 my bad
11:34 Uttam : reds at vwap in NF
11:34 Uttam : trifecta
11:34 MJ : Uttam spot high check 🙂
11:34 MJ : nf
11:34 MJ : ns*
11:35 Uttam : lol Mihir so week’s high done?
11:36 MJ : ID context for those always. Later I just add my comment on my chart.
11:37 MJ : Clear OAIR. Waiting will get good trade I feel.
11:37 Uttam : Spot not an OAIR Mihir, trading above Friday highs
11:39 MJ : I don’t have spot data uttam 🙂 just checking room chart and mplite.
11:39 Uttam : I have that is why confirmed that is it not an OAIR as you were taking spot high as your daily ref na
11:40 MJ : Spot high is number art. Will share what I see there.
11:41 Uttam : same here 🙂 will share what I know
11:42 MJ : If spot of any instrument goes to round nos or .95 there are chances that you’d find small reversal. can backtest this for diff instruments. Just like 6/20 🙂
11:43 Uttam : BN Spot we saw on Friday so lets see Nifty spot of today what results it gives
11:43 MJ : Again trick. Not a trade idea. So anyone reading this use it with other context.
11:44 MJ : Yes uttam 🙂 Friday. Gave good last min trade.
11:45 Uttam : exactly which is why I am clarifying that new ppl should not take this as a signal
11:45 Uttam : random numbers
11:45 Uttam : and they get porinter daily
11:45 Uttam : better to concentrate on your analysis & OF
11:45 Shai : Intra – short NF 11707 sl of 11732 tgt 11660.
11:46 Uttam : get printed* daily
11:46 Uttam : (11:44) MJ : Yes uttam 🙂 Friday. Gave good last min trade. plus most of them cannot take the minute trades as you do Mihir 🙂
11:47 Boppanna : BNF E makes a LHLL after making HH till D
11:51 Hari : GM All
11:55 Rajeev : Volume low
11:57 Lokesh : Shai, if you can help me make understand the basis on NF short. Just for my understanding
12:04 Anubhav null : rs near resistance
12:11 Himanshu : 59k redd
12:11 Himanshu : in NF
12:11 Himanshu : uttam – huge ressitanccce
12:12 Shai : 11730 is old supply – (11:57) Lokesh : Shai, if you can help me make understand the basis on NF short. Just for my understanding
12:12 Subhodeep : shai still stick to the 732 sl or exit ??
12:13 Subhodeep : ltos of reds coming in though on the 30 min of
12:14 Mani : 60k red
12:14 Subhodeep : digestion in progress or a puke on teh cards?
12:14 Subhodeep : 🙂
12:15 HPandey : thats sl shai?
12:15 HPandey : nf
12:15 Shai : no 54k is single
12:15 Shai : 3000 is sl
12:15 Mani : okay chief
12:15 HPandey : okk thanks
12:15 Shai : shoukd drop back to 11706
12:16 Subhodeep : +1
12:16 Shai : but needs to break below our entry point for trade to be proftable
12:16 Subhodeep : 🙂
12:16 Shai : 🙂
12:16 Shai : what I emant was an auction below 11706 by sellers
12:17 Uttam : Nifty spot makes new hgihs
12:17 Uttam : no relevance of that .95
12:17 Shai : would – premium play trading
12:17 Uttam : yep
12:17 Uttam : now BNF spot has 0.95 as high
12:18 Uttam : (09:37) Uttam : range bound week looks like(09:37) Uttam : premium eating time in options
12:20 Uttam : NF forming a ledge at that 11721?
12:20 Lokesh : I understand the SL and TGT mentioned. But, short price of 11707 ?
12:20 Lokesh : I am new here, hence asking . No idea Whether i should ask or not
12:23 AN : 15k buyer in NF exited at cost looks like?
12:25 Uttam : (12:20) Lokesh : I understand the SL and TGT mentioned. But, short price of 11707 ? Lokesh the short call was given in NF so you can short around 11707 levels with SL 11732
12:26 Lokesh : I have shorted. But key points for that short at that price I did not get
12:26 Shai : was looking at short below vwap- (12:20) Lokesh : I understand the SL and TGT mentioned. But, short price of 11707 ?
12:27 Shai : yeah timing iof off on that 1
12:27 Shai : but OF shows supply so we hold
12:28 Lokesh : Thanks Shai and Uttam.
12:28 Shai : if sl holds we will see the tgt on a sharp down near 2 or 2.30
12:28 Lokesh : Sure
12:28 Himanshu : Shai – BNF ref now 30130 is support ?
12:28 Shai : yes 30130 for now
12:29 Himanshu : ansy short sell trigger on BNF
12:29 Himanshu : or only below 30130
12:29 Shai : can short near 30240 where there has been liquidation seen
12:29 Uttam : pull back low in both at 11701 & 30160
12:30 Shai : (10:48) Shai : second round of profit booking in BNF
12:32 Hari : Shai USDINR view swing pls
12:36 Uttam : (09:49) Uttam : needs to stay above 30168…BNF seems to be getting buyers here
12:37 Uttam : if stays below 30168 BNF can give some more correction
12:38 Uttam : USDINR gave a gap down but a drive up Shai whcih has failed?
12:39 Shai : +1
12:39 Shai : usdinr same 69.03- 69.14 as supp
12:39 Shai : 69.63 is supply 1
12:39 Shai : F levels
12:45 Rahul Desai : Hi Shai your views on GBPINR please
12:46 Uttam : NF needs to get above 11718 & BNF above 30198 now & sustain else can probe lower
12:46 Subhodeep : shai some insight on the mb chart we see a yaxis spike with the no 51675 how are we to read this
12:47 Uttam : thats a hgih vol node Subho
12:47 Subhodeep : ok
12:47 Uttam : can offer res or sup depending on where it comes up
12:47 Uttam : for now NF needs to get above it & sustain for upside
12:48 Subhodeep : logical that s at day highs :0
12:48 Subhodeep : nearly
12:48 Subhodeep : 722 tyoes
12:48 Subhodeep : thanks uttam
12:48 Uttam : this zone has been getting highs vols since last week Subho
12:49 Uttam : 11727 on Friday got a 80+k seller
12:49 Subhodeep : yes been aware of that
12:49 Uttam : and again lows vols today
12:49 Subhodeep : beeenwatching that closely as well as 11717 and 11730 havebeen coming up in my dreams these nights 🙂
12:49 Uttam : so sellers taking advantage of that supply zone
12:50 Uttam : lol Subho 🙂
12:50 Subhodeep : tryig to take advantage
12:50 Subhodeep : not yet done a good job though
12:50 Uttam : yep
12:50 Uttam : BNF forming a small ‘p’
12:50 Subhodeep : learning leanrning uttam all thank to all the ppl who guide and the vt room as a whole
12:51 Uttam : +1 Subho me too 🙂 i have also been learning here, this is the best classroom I have even been to in my life
12:51 Uttam : ever*
12:52 Subhodeep : +1
12:53 Mani : +1
12:55 Subhodeep : normal variation/ neu extreme type of structure in formation uttam?
12:55 Subhodeep : nf wise?
12:56 Uttam : Neutral has been the flavor of this series Subho especially in BNF but for now VWAP holding so can be a p+spike today
12:56 Uttam : 11721 ledge if crossed then NF can move higher
12:56 Subhodeep : note d uttam
12:56 Subhodeep : thankas
12:57 Subhodeep : got to brsuh up the ledge characteristics
12:57 Jitender : imd 2 release its forecast at 3pm
12:57 Uttam : correct time for that 3:05 move today Jit 😉
12:57 Jitender : 🙂
12:57 Himanshu : jit – wcc
12:58 Subhodeep : hey jit wish you a very happ y new year
12:58 Himanshu : seems joined now
12:58 Jitender : tx bro..same 2 u
12:58 Jitender : Himanshu…on n off since morn
12:58 Himanshu : hmm
12:59 Uttam : Jit is not handling multiple accounts so all fingers in the ghee sorry on the keyboards 😉
12:59 Uttam : now*
12:59 Himanshu : Uttam – BNF – 9,45 to 1.00 Pm – upper side roation is completee seems
13:00 Himanshu : Bhai – jis ke naam hai Jit hai
13:00 Uttam : vwap & pull back low needs to go in both for weakness Himanshu
13:00 Himanshu : hamare naam mein Ansu hai
13:00 Uttam : lol
13:01 Himanshu : AAp ke naam mein uttam hai
13:01 Subhodeep : rula mat pagle yoeh to khushi ke ansu hain
13:01 Uttam : Shai ke naam mein Sha hai
13:01 Subhodeep : 🙂
13:01 Himanshu : Shubho Deep – is Shubh and bright
13:01 Uttam : lol Subho
13:01 Jitender : aur insan bnhi atti uttam hai
13:01 Himanshu : chief
13:01 Himanshu : YEs Ati Uttam
13:02 Subhodeep : seems everyones done with their 3 dts
13:02 Himanshu : Tej – ke naam mein Tej hai
13:02 Uttam : ok ok so aaj meri baari hai?
13:02 Uttam : guys seem to have booked out all their pos
13:02 Himanshu : yes
13:02 Subhodeep : now wonder
13:02 Himanshu : since 11 – am BEKAR
13:02 Uttam : aayega ek move to aaj aayega
13:02 Himanshu : Waiting for BTFD
13:03 Subhodeep : vix dilwayega
13:04 Himanshu : I think am biased for upside view – good open
13:04 Subhodeep : +1
13:05 Himanshu : so worst case is test open and close at DPOC
13:05 Anubhav : idea stock breaking out
13:05 Himanshu : BAKI SAAB – as Shai wishpers to Bot
13:05 Subhodeep : too big lto wise anubhav for my comfy
13:06 Himanshu : HDFC BANk is sting today – dont think can close below open + 3-5 rs
13:10 Anubhav : dunno why they keep such huge lot sizes in stock futures
13:10 Subhodeep : contract value wisse anubhav that is a defined range
13:11 Subhodeep : also beta in play when they do that
13:11 Subhodeep : for margins
13:11 Anubhav : reds in nf
13:11 Anubhav : last chance for bears
13:11 Uttam : some fresh vols coming in here looks like in NF?
13:11 Himanshu : 730 – Supply – as per Shai
13:11 Subhodeep : sl triggere at 732.7 fo rnf at my end short intra call
13:12 Shubro : SL hit on that short
13:12 HPandey : RS uttam?
13:12 Uttam : yes HPandey but let this 5min bar complete
13:12 HPandey : yeah
13:13 Shai : you guys exited on 30K reds?
13:13 Subhodeep : na i had it placed in the sys
13:13 Subhodeep : and i have slow fingers 🙂
13:13 Subhodeep : its ok at m end though
13:13 Subhodeep : no worries
13:14 Shai : rules are no stops in system bteween 11 am and 2 pm
13:14 Subhodeep : this i wasnt aware
13:14 Subhodeep : now aware
13:14 Subhodeep : noted
13:14 Shubro : ah ok Shai
13:15 Shubro : aiyaa
13:15 Uttam : we are gettig some demand at 11720
13:15 Uttam : trifect greens there
13:18 Deepak : adding nifty long upon satisfactory and confirmatory breakout of 11727
13:18 Deepak : in 60 min tf
13:20 Anubhav : looking like a bull trap
13:23 Shai : risk management rules on trades – https://vtrender.in/risk-management-on-calls/
13:24 Uttam : BNF gone
13:24 Anubhav : yayy
13:24 Uttam : all 0s below vwap
13:24 Himanshu : yaya
13:24 Uttam : 18k red at lows 30130
13:24 Shai : 30127
13:24 Himanshu : sold – 30200 ce- 145
13:24 Uttam : morning ext handle of BNF tagged
13:25 Himanshu : 30300 ce 105 on last spike
13:25 Shai : 11695
13:25 Anubhav : vwap gone
13:25 Uttam : +1 Shai
13:26 Uttam : some good vols in BNF here
13:26 Uttam : but NF still lower vols
13:27 Himanshu : covered – 30200 ce @103
13:27 Himanshu : 30300 – 70
13:29 Himanshu : uttam – Spot open test done in BNF
13:29 Himanshu : but NF seems weak – next buyers were at 11610-15 on friday if we recollect
13:30 Uttam : 11645 we had 55k green in NF on Friday Himashu
13:30 Uttam : and a 1.5L green at 11630 who could have booked out too
13:31 Shai : 11717 supply
13:32 Himanshu : NF ressitance not helping BNF move also
13:32 Himanshu : BNF stuck in range I guess
13:33 Himanshu : 30140 Spot – tough to trade above
13:34 Shai : 11695 seller messed it
13:34 Shai : he has since cobered
13:34 Shai : covered
13:35 Uttam : yes 30k red there
13:37 Shai : Make exits in the NF shorts at 11720 F here
13:37 Shai : can stil hold with sl of 11733 for this in but cober near 11695
13:38 Shai : a small note for people who put SL in the systems. We do not recommend it. here;s why- (13:23) Shai : risk management rules on trades – https://vtrender.in/risk-management-on-calls/
13:46 Subhodeep : sorry got dc , shai basis mprofile todays stucture of it stays and doe s not do extremes would it be right to infer that new balance has been found and we might start a leg up here positionally ?
13:46 Subhodeep : nf wise
13:48 Boppanna : That drop in I period BNF stopped right bot’s Friday sell level
13:58 Govind : boom
14:03 Himanshu : fall asleep ?
14:03 Anubhav : double top
14:08 Uttam : boom boom coming on upside in both?
14:08 Himanshu : karan – Arjun of Jit – are coming
14:08 Govind : RIL is trying to make a push as well…
14:10 Rajiv : that 11733 seems to be a Vtrender stop.!!!
14:10 Shai : yes but buyers have to produce demand abv 730 – (13:46) Subhodeep : sorry got dc , shai basis mprofile todays stucture of it stays and doe s not do extremes would it be right to infer that new balance has been found and we might start a leg up here positionally ?
14:11 Shai : see there are more greens now than before from 11
14:11 Shai : so they are pushing
14:11 Shai : 11755 F possible
14:11 Uttam : +1 Shai
14:11 Shai : this guy messed an easy donw move – (13:34) Shai : 11695 seller messed it
14:12 MJ : 30k upside down at 695.
14:22 Subhodeep : thanks fo r the input shai
14:24 Himanshu : boooom
14:24 Uttam : BNF finally tags 30247
14:25 Uttam : 1atr from Friday’s FA done
14:25 Boppanna : +1 Uttam
14:25 Uttam : 30250 was also a vPOC
14:25 Uttam : 19k red right at top in BNF
14:26 Himanshu : nf also reds
14:26 Himanshu : seems upside business is over ?
14:27 Anubhav : yes
14:28 Shai : Trade- Buy 30100 puts at 148- 150 sl of 80 tgt 245/ 300. Hold till tom.
14:30 Shubro : Shai big hairy supply sighting ?
14:36 Shai : yes
14:36 Shai : should viist 30111 before clsoe
14:37 Jitender : +1
14:41 Uttam : both NF & BNF have left a probable weekly FA at top
14:41 Shai : locals trading today
14:42 Shai : all these reds at lows are locals who have no clue on what to do
14:42 Uttam : so one more squueze move possible Shai?
14:44 Boppanna : BNF can you just stay below 150 pls
14:45 Subhodeep : lmao(14:42) Shai : all these reds at lows are locals who have no clue on what to do
14:45 Subhodeep : i used to be one of the whilst trying to trade nifty before vt
14:51 Boppanna : Seems to have misundertood the request 14:44 Boppanna : BNF can you just stay below 150 pls
14:52 Uttam : squeeze time?
14:52 Shubro : squeezy time
14:52 Subhodeep : one good spike is what you need (14:36) Shai : should viist 30111 before clsoe
14:52 Himanshu : come on baby
14:53 Subhodeep : such great to see 23 points gain on the nifty fut adn 51 points on nifty spot
14:53 Himanshu : think nifty spot can close aboe 10700
14:54 Subhodeep : absolutely but 11700 may/may not
14:58 Subhodeep : go go go
14:59 Uttam : lets see if we get that 3:05 trigger also
14:59 Subhodeep : yes
15:03 Boppanna : NF & BNf Uttam wants to make the probable to confirmed .. pls to the needful 14:41 Uttam : both NF & BNF have left a probable weekly FA at top
15:06 Jitender : (12:46) Uttam : NF needs to get above 11718 & BNF above 30198 now & sustain else can probe lower
15:07 Govind : Oops…monsoon forecast by IMD coming up
15:07 Jitender : imd pc on
15:10 Govind : That IMD chart is info overload
15:14 Subhodeep : imd update elnini kamzor rahega
15:14 Subhodeep : elnino
15:14 Jitender : near normal rain
15:15 Subhodeep : yes 96 percent expectation
15:15 Shubro : nini nino nano – what about NF? upra ya niche
15:15 Subhodeep : nf holding dpoc
15:17 Govind : I guess people take IMDs forecast with a big pinch of salt
15:18 Himanshu : rain
15:18 Himanshu : Forecast is good
15:18 Himanshu : 96 % of long time average
15:19 Shubro : only a forecast lets see; we live in a different climate era
15:19 Himanshu : Uttam – Jit BNf closing +ve
15:19 Himanshu : spike up tom morning possible
15:20 Jitender : ys
15:24 Subhodeep : conflicting banks icici day low s kotak day highs hdfc bnk near day high s
15:25 HPandey : value completly higher tha yesterday shai?
15:25 HPandey : than*
15:25 HPandey : ny importance?
15:25 Subhodeep : thanks for a wonder ful day and wishing all in the room a very happy bengali new year subho noboborsho as they say
15:25 Uttam : we are in a composite HPandey & today filling upper part
15:26 Subhodeep : aceeptance of price above teh previous val imo(15:25) HPandey : ny importance?
15:26 Uttam : 11721 is the prominent POC in NF now for this series to watch
15:27 HPandey : yeah uttam
15:27 Uttam : nice Gaussian profile in NF
15:28 Uttam : if breaks on the upside can give goov move higher
15:28 Subhodeep : so works out to a normal day uttam nf?
15:28 Uttam : else rotate back to 11680/660 if stays below 11721 tom
15:28 Shai : close at supply
15:28 Shai : in both NF and BNF
15:28 Uttam : Normal Varialtaion
15:28 Uttam : 1.5 IB was tagged in NF
15:28 Uttam : PLR seems up though
15:28 Shai : But OTF stayed out and watched topday
15:28 Rajiv : so a gup up will take care of this
15:28 Jitender : bye all
15:28 Uttam : yes Shai
15:29 MJ : Bye everyone. Have a lovely day ahead. Happy new year to the respective people 🙂
15:29 Shai : only locals trading today
15:29 Shai : OTF can move this if they come tom
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Govind : Bye
15:29 Uttam : +1 Shai
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Mani : bye all
15:29 Subhodeep : byebye
15:29 Uttam : lets see if we get vols at open tom
15:29 HPandey : bye n thanks all
15:30 Himanshu : bye all


11:04 Boppanna : Shai INFY levels for intra pls
11:22 Shai : infy supply at 730 looks firm intra
11:22 Shai : 715 supp
11:22 Shai : oaor still
11:22 Boppanna : thx Shai
11:25 MJ : @shai that scan serves well to find trades. Thanks. Plan to revive buzzing stocks channel
11:25 MJ : ?
11:35 Uttam : Shai TCS looking good for upside? 2020 SL for longs now?
11:36 Subhodeep : brkrgs quoting 2400 as trgts lets get 2200 done this series uttam
11:37 Uttam : yes Subho but needs to get part that 2090 first
11:37 Subhodeep : it will uttam i twill
11:38 Uttam : 🙂 Amen
11:38 Subhodeep : anywasy i fyoua re keeping 2020 as sl that means you have a proportionate rewrd as well
11:38 Govind : Uttam, RIL results are out on Friday. IV percentile is around 60 and IV is slightly higher than HV (much better scenario than INFY/TCS). Option premiums are less than 2%.
11:39 Uttam : yes Subho TCS is good as long as it stays above 2055 but let Shai confirm on the levesl
11:39 Uttam : oh ok Govind so you are suggesting to go long in a RIL strangle for results?
11:39 Govind : Yes sir
11:40 Govind : Check out 1360CE/1340PE long strangle….delta is almost neutral and at 48
11:40 Uttam : oh ok will chcek out the straddle chart on it
11:40 Uttam : thanks Govind
11:42 Govind : +1
11:43 Govind : We did the right thing by not entering the TC/INFY strangles. INFY barely broke even (780/750) TCS would’ve given you a loss (2100/2000).
11:44 Uttam : +1
11:44 Uttam : you need a huge move for those strangles to work in Infy/TCS
11:45 Govind : Yes, especially considering their high IV last week.
11:45 Govind : Break even was around 5 to 6%
11:46 Shai : No was just a reesponse to a query- (11:25) MJ : @shai that scan serves well to find trades. Thanks. Plan to revive buzzing stocks channel
11:47 Shai : tcs close abv 2040 would be bullish for more
11:48 Govind : Thanks Shai!
11:49 Uttam : thanks Shai
11:50 Uttam : 2040 or 2080 Shai?
12:06 Govind : I love the Heatseeker calls…works out great. +1 SHAI
12:07 Govind : BOT call of the day – Tata Motors!
12:11 Shai : +1
12:16 Rajiv : Shai, any change in ITC’s view
12:18 Shai : watch 301
12:21 Subhodeep : apollo tyres shai id and swing views please
12:25 Shai : id tgt 220
12:25 Shai : swing was for 223 on that 217 cross
12:26 Shai : review if 223 is takem out in 2 sessions
12:32 Subhodeep : noted shai
12:52 Rahul Desai : Shi your views on GBPINR please
12:52 MJ : Shai longs booking out in tisco?
12:52 MJ : swing wide what should be looked as supp for tatasteel?
13:06 Uttam : Shai HDFCBank fresh move above 2290 for 2301 & 2320?
13:08 Shai : GBPINR don;t track- (12:52) Rahul Desai: Shi your views on GBPINR please
13:27 Govind : TCS making a move
13:32 Govind : Yeah baby!
13:33 Govind : Uttasm, 2090…hope it stays above man
13:33 Govind : Uttam, buying above the morning tail for the first time today in TCS
13:34 Govind : Volumes not bad…
13:50 Uttam : nice Govind 🙂 Shai intra targets for TCS?
13:50 Govind : 2100 calling TCS
13:50 Govind : +1 Uttam!
13:51 Uttam : 2180 can come this week?
13:52 Govind : May be, short week though…would ove to hear what Shai thinks.
13:52 Uttam : close will be important today
13:53 Govind : True that…I think Shai meant 2080 before when you asked him the question
14:26 Govind : Shai, id target for TCS please? Or, can we carry overnight? Entered around 2080
14:31 Subhodeep : fiutures wise tcs looks good to do 2119 2121 now
14:31 Subhodeep : and i hope that 2200 comes sooner rather than later
14:32 Uttam : played 2100ce from 33 to 42
14:32 Uttam : will look to re-enter on a dip if comes
14:32 Govind : +1 Uttam
14:32 Uttam : just 1 lot so booked in full esle would have trailed 50% as cost
14:36 Govind : Yeah Uttam, but we made money anyway 😉
14:37 Uttam : yes that is what matters 🙂
14:37 Govind : The last 3 30 min TCS bars are nice single TF bars
14:37 Govind : There is more to this perhaps
14:39 Uttam : yes Govind this could be a fresh IPM in TCS so a long way to go but in options better to keep booking out especially now that only 6 days to expiry
14:39 Subhodeep : govind 2119 done tcs fut
14:39 Uttam : there was no change in TCS CEs this mornign inspite of the gap up
14:41 Govind : True Uttam. I am out anyway
14:43 Govind : Moving on to RIL and HDFCBank
14:46 Uttam : Maruti tags the 2 ATR move from daily FA of 7044 and weekly FA 1atr comes to 7463
14:47 Subhodeep : govind you trade stock futures?
14:47 Govind : Only for scalping
14:47 Subhodeep : or stock options?
14:47 Subhodeep : ok
14:47 Govind : Options when I deploy strangles
14:47 Govind : or otherwise
14:47 Subhodeep : ril not a good idea imo fo today
14:47 Govind : only a handful of stocks
14:48 Uttam : I traded in Maruti strangles last week for this upmove
14:48 Govind : Yes Subho, I have a strangle on
14:48 Uttam : first time in stock options
14:48 Subhodeep : and i am wrong most of the times 🙂
14:48 Govind : trying to keep that delta neutral by scalping with futures
14:48 Govind : first time I am doing this…so learning as I trade…
14:48 Uttam : 7200ce+7000pe at 235-245 levels bought & sold in zone of 275-285
14:49 Govind : keeping my lot size within Shai’s risk management guidance, so manageable
14:49 Subhodeep : do prvode us ur insights as you go about it
14:49 Govind : Super Uttam
14:49 Subhodeep : +1
14:49 Govind : Please scroll up Subho
14:49 Govind : I’ve given my thoughts on RIL and HDFCBank
14:50 Govind : both have results this Friday/Saturday
14:50 Subhodeep : got dc hence earlier chats not visible
14:50 Uttam : was not able to check the strangles on them Govind, will do it today post market
14:50 Govind : Uttam, RIL results are out on Friday. IV percentile is around 60 and IV is slightly higher than HV (much better scenario than INFY/TCS). Option premiums are less than 2%.
14:50 Govind : Check out 1360CE/1340PE long strangle….delta is almost neutral and at 48
14:50 Uttam : results will be post market right on Friday?
14:51 Govind : Yes
14:51 Govind : and HDFCBank will be on Saturday
14:51 Govind : So, look to exit on Monday
14:51 Uttam : then carrying pos over weeknd may not be a good idea Govind as Friday hoiday
14:51 Uttam : or look to enter next months options
14:51 Govind : and try to scalp id to offset any strangle delta losses
14:52 Uttam : squeexe coming
14:52 Govind : Next month options may not be that liquid Uttam
14:52 Govind : but sure, you can do it
14:52 Govind : squeeze?
14:52 Govind : BNF?
14:53 Govind : What is a squeeze Uttam?
14:53 Uttam : players who get stuck are forced to exit
14:55 Govind : So, here it will be a long squeeze?
15:00 Govind : Short squeeze I guess
15:04 Uttam : yep

Order Flow charts dated 15th Apr