Month: May 2019

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


BNF


Room Chat

10:20 Shai : (10:20) Shai : Intra – short NF 12024 sl of 12055 tgt 11990.

10:41 Shai : (10:41) Shai : Book the NF trade at 12018 here cmp

10:57 Shai : (10:57) Shai : Buy 50%25 quantity in 12000 put above 87 sl of 71 tgt 110. cmp 83 . buy abv only.
(10:57) Shai : buy abv 06th June

11:39 Shai : (11:38) Shai : Intra – short NF 12033 sl of 12055 tgt 12010/ 11990

11:46 Shai : (10:42) Shai : OF may pop it back up to 12040 again

11:46 Shai : (11:45) Shai : NF at tgt 1. Book half here

12:01 Shai : (12:01) Shai : Uopdate – Book the NF short fully 11910
(12:01) Shai : Update 2 – Book the 12000 pe fully 173


09:03 Shai : GM all
09:04 Hiren : gm all
09:05 Saranjit : Good Morning
09:05 Govind : GM all
09:05 Shai : https://vtrender.in/market-profile-analysis-dated-30th-may/
09:05 Arjun : Good morning ๐Ÿ™‚
09:07 Deepak : GM
09:07 AN : GM all
09:09 Shai : 11980 / 31580 ref zone for the open
09:09 Shai : could auction tightly +/- 20 NF points around it
09:09 Shai : we will respond when it moves away
09:09 Shai : first day of the new series allow the auction to settle in
09:13 Uttam : Good Morning All ๐Ÿ™‚
09:14 Himanshu : Good Morning All
09:15 Vishal : Good Morning all
09:15 Vishal : 43k green
09:15 Thanika : GM all
09:15 Deepak : GM
09:15 Uttam : 1L
09:15 Uttam : fight at open 1L green versus 70k red
09:16 Uttam : weekly FA confrimed in NF at 11872
09:16 Amjad : gm all
09:16 Uttam : needs to stay above 12007
09:16 Uttam : 1atr @ 12139
09:17 Shai : one of the lower premium opens for first day of the series
09:17 Uttam : globe in red but NF has other ideas looks like
09:17 Shai : 10 points only for first day
09:17 Uttam : yes Shai
09:18 Shai : 20 in BNF
09:18 Uttam : 31775 was a multiday FA in BNF so next ref to watch if continues higher
09:19 Uttam : there was a multiday FA in NF too at 12012 but that is negated now
09:19 TP : GM All.
09:19 Uttam : wassup Tej, good to have you back in the room ๐Ÿ™‚
09:20 TP : tks uttam, back to work mode ๐Ÿ™‚
09:20 TP : Was a pleasure meeting you , tks for the wonderful hospitality +1
09:21 Uttam : feeling was mutual Tej ๐Ÿ™‚ it was awesome meeting you
09:21 Uttam : moving away from the balance both?
09:22 Himanshu : 775 breached
09:23 Uttam : 31854 / 910 next ref
09:23 Himanshu : Hmm
09:24 Himanshu : Welcoming – FM
09:24 Himanshu : Baniya – FM – Possible
09:24 Himanshu : Goyal and Shah both are baniya
09:24 Himanshu : One CA and another Stock Broker
09:24 Himanshu : Either is bright for the market
09:27 Himanshu : Uttam Bhai – Jara phone wa gumai ke puch lo Piyush Sha se
09:27 Uttam : lol
09:27 Uttam : drive mode on in both?
09:27 Himanshu : Aap ke Ghee Shakkar bhai
09:28 Himanshu : 1 Atr – NF mein dilwado aur kya
09:28 Himanshu : Seems PSU banks will get some huge money transfers from Swiss accounts ,,
09:29 Himanshu : If Amit Shah comes – anticipate more arrests at airports of money launderes
09:29 Himanshu : He has been home minster at Guj – he knows ,,,,
09:31 Shai : official note is not yet out?
09:31 Himanshu : no
09:31 Himanshu : 5 PM first meeting -cabinet meeting
09:31 Himanshu : no Media knows thats how governmnet shall run
09:32 Himanshu : earlier industrilaist will decide portfolios
09:32 Shai : on portfolios?
09:32 Himanshu : yes
09:32 Shai : reuters reported Amit Shah as FM
09:32 Himanshu : precedence says so
09:32 Himanshu : let me check
09:33 Deepak : amit shah will be a great pick
09:33 Deepak : he has a hge portfolio of stocks and is a stock tarder
09:33 Shai : that Jaishankar is foreign min
09:33 Himanshu : if yo want action – accross cadre
09:33 Himanshu : yes
09:33 Shai : all was out last night at 12
09:34 Govind : Reliance is the only laggard today among the biggies
09:34 Govind : and falling
09:34 Shai : 31820 supply BNF
09:34 Shai : 12052 in NF
09:36 Anubhav null : premium gone on nf
09:36 Shai : https://vtrender.slack.com/archives/C0F2VRTPW/p1559275533005900
09:36 Himanshu : Exited NF at 12042 – Onight pos of yday
09:36 Govind : +1 Himanshu
09:37 Govind : I exited a bit before, 12015…but DT achieved
09:38 Govind : Uttam had mentioned two days ago that we might see a move on Friday…he was right
09:39 Uttam : wow Shai where did you get hold of that document ๐Ÿ™‚
09:40 Thanika : 0.5 DT done in that 12000CE, bought yesterday after that confirmatio, Shai!
09:40 Govind : +1 T
09:43 Uttam : congrats guys
09:45 Shai : +1 Congrats
09:46 Himanshu : No official list of folios of ministers yet on reuters or any website of news
09:47 Himanshu : yes its expected to be announced
09:47 Himanshu : but retures headlines says _ modi Set to make Amit Shah FM – not gazzated news – Reliable guess
09:47 Rajan : Good Morning to all As i am new to trading room can any one explain what are the pink and orange lines are?
09:48 Himanshu : Welcome Rajan –
09:49 Deepak : WC Rajan
09:50 Govind : Welcome Rajan
09:51 Uttam : welcome Rajan
09:51 Uttam : orange line is the vwap
09:51 Suren : Welcome Rajan!
09:51 Himanshu : Govind +1
09:51 Uttam : trifectA in NF
09:52 Himanshu : Lee me right all also _ shoot Rajan all question is Happy Hour for you
09:53 Uttam : the other line on 5min OF is either pink or green which shows who is dominating the 5min of, buyers or sellers
09:53 Shai : deleted that cabinet message – some one was up to tricks last night. You guys are right – no official comm yet
09:53 Shai : ๐Ÿ™‚
09:53 Uttam : yes Shai
09:54 Shai : 4 day balance lows at 12000 now a supp
09:54 Shai : ability to stay abv 12050 is a confirmation of new mini IPM
09:54 Uttam : we have that 1L green also right there at 12k
09:54 Shai : BNF 12700 supp
09:54 Uttam : 31700
09:54 Jayanth : NF flag pattren
09:55 Jayanth : 5 min TF
09:55 Suren : 09:54 Shai : ability to stay abv 12050 is a confirmation of new mini IPM…. What is IPM?
09:57 Uttam : IPM – Initial Price Movement
09:59 Uttam : http://vtrender.blogspot.com/2011/04/steidlmayer-distribution.html
10:00 Ravi : Uttam does volumes in NF support OD?
10:01 Uttam : better than avg but not as good as needed for a drive
10:01 Uttam : 12.4L in first 15 mins
10:01 Ravi : Tq Uttam
10:03 Shubro : Hi Jit u there?
10:03 Ravi : How much volumes are significant in NF uttam?
10:04 Shubro : wanted to thank you for the great inputs yesterday and otherwise as well. Looking forward to more Sir
10:05 Uttam : for a drive we need 18-20L in first 15-20mins
10:05 Psandeep : Gm all
10:05 Ravi : TQ Uttam
10:06 Thanika : When Sandeep came in IBH extended! ๐Ÿ™‚
10:06 Govind : B is extending the IB now, volumes not as high
10:08 Boppanna : GM all, Uttam pushing BNF around 775 looks like needs to get above Shai’s 820/840
10:09 Anubhav null : reds in nf again
10:12 Psandeep : Looks like there is no rule in India on this, and hence Amit Shah can keep his stock investment intact ๐Ÿ˜€
10:12 Uttam : yes Bops both NF & BNF do the first hypo but need a push for the next one else ‘p’ or now
10:16 Govind : B volumes almost only one fifth of A
10:17 Uttam : range also very low
10:17 Thanika : is this stop hunting?
10:18 Anubhav null : any news
10:18 Uttam : demand has simply dried up
10:19 Uttam : vwap here
10:19 Uttam : as soon as IB ends
10:19 Uttam : 17k red there
10:19 Uttam : RS at 12040
10:20 Shai : Intra – short NF 12024 sl of 12055 tgt 11990.
10:21 Uttam : vwap of drive gone means DL coming
10:23 Shai : should test 11980 actauly but will do with 11990
10:23 Shai : these remain supply points for noon – (09:34) Shai : 31820 supply BNF(09:34) Shai : 12052 in NF
10:24 Anubhav null : spec longs exiting
10:24 Shai : they should have held vwap no?
10:24 Anubhav null : reality heck now
10:24 Anubhav null : yeah
10:24 Shai : what does that tell you about their strength to hold the auction?
10:25 Anubhav null : weak hands
10:25 Uttam : which is why never trust a drive with low vols
10:25 Uttam : it can be easily overcome
10:25 Anubhav null : got ithmm
10:26 Anubhav null : normally they build consensus n dump
10:27 Anubhav null : yes also at 11950 it happened
10:28 Govind : So Uttam, if the open lows are tested, this could become a open-test-drive?
10:29 Rushabh : locals shai?
10:32 Anubhav null : big reds in bnf
10:32 Uttam : C side ext in BNF ๐Ÿ˜‰
10:32 Uttam : after gap up
10:32 Uttam : 11k green at 31684
10:32 Uttam : just a 125 point IB in BNF
10:33 Anubhav null : gud place to enter postioal long here in bnf?
10:34 Boppanna : Shai a refresh needed 5 min 11k both sides?
10:37 Boppanna : thx
10:40 Uttam : mornig 12000pe writers may be forced to cover?
10:41 Anubhav null : 12000 holdi g for now
10:41 Shai : Book the NF trade at 12018 here cmp
10:41 Shai : It’s not sure what it wants here
10:42 Govind : Talk about Amit Shah becoming FM is getting louder…
10:42 Shai : OF may pop it back up to 12040 again
10:42 Hari : GM all
10:42 Shai : yes from last night Shah becoming FM is getting louder
10:42 Govind : ๐Ÿ™‚
10:43 Shai : I thought he should have been kep for defnece and piyush for FM
10:43 Anubhav null : yes
10:43 Himanshu : Defence might continue with Nirmala Sitaraman based on her Raffle performace in Sessions
10:43 AN : yes, agreed shai
10:43 Anubhav null : hez too aggressive to be fm
10:46 Hari : Is cabinet announcement coming at 11.30 am?
10:46 Hari : Jit, you there
10:48 Uttam : vwap test coming in NF?
10:51 Anubhav null : mixed signals
10:57 Shai : Buy 50% quantity in 12000 put above 87 sl of 71 tgt 110. cmp 83 . buy abv only.
10:57 Shai : buy abv 06th June
11:12 Deepak : Amit Shah – Minister of Finance and Corporate Affairs
11:13 Himanshu : Wow – Let see
11:13 Deepak : Smriti – Woman and Child
11:14 Deepak : NItin Gadkari – Infra and added River Navigation and Shipping
11:14 Shubro : thats good
11:14 Deepak : Nirmala – Defence
11:15 Deepak : Ravi Prasad – Law and Information Tech
11:15 Deepak : Jaishankar Foreign
11:15 Deepak : will be out in a few hours
11:17 Shai : that is the same list I shared earlier. It is fake
11:17 Shubro : hahaha
11:17 Shai : any expected time of the announcement?
11:17 Deepak : nope
11:17 Deepak : it is not
11:18 Deepak : it is from
11:18 Deepak : Rajeev Dubey Editor Business Today
11:18 Hari : 11.30 Shai
11:18 Deepak : and most close to BJP at the moment
11:18 Deepak : check his tweet handle
11:19 Deepak : @rajeevdubey
11:20 Deepak : if he is tweeting fakes then i cant say
11:21 Shubro : SHai BNF and NF out of sync?
11:25 Himanshu : I think – by 12.30 or they want to keep it secret for bearurcartes not to prepare window dressing
11:26 Himanshu : and get them as on whereas basis
11:26 Himanshu : Ministers – Cabinet expected to visit their offices for resumption and then meeting at 5 pm
11:27 Himanshu : its like Internal Audit Strike ….
11:27 Himanshu : This is very common in Corporates ,,,,,
11:32 Uttam : both CE & PE below vwap ๐Ÿ™‚
11:32 Himanshu : You know – S Jayshankar can speak Mandarin Fluently – was key negotiater in Doklam Situation with Chinese
11:33 Uttam : Value higher & has moved away from comp so for now PLR up but needs to get above vwap & then make a range ext
11:34 Deepak : the team this time is ideal – lots of educated folks and people known for grassroot work
11:34 Deepak : also
11:34 Uttam : 12000pe OI again beginning to rise
11:36 Himanshu : its huge from morning
11:37 Himanshu : seems they want t o defend 12000 Level till close
11:37 Paras : markets to stay above 12000 fr further up move
11:37 Paras : psychological level
11:38 Shai : Intra – short NF 12033 sl of 12055 tgt 12010/ 11990
11:39 Shai : 12036- (10:42) Shai : OF may pop it back up to 12040 again
11:40 Uttam : and one nice RS there at 12034
11:40 Uttam : though we have 4 more mins for this bar to close
11:43 Shai : BNF for 31580
11:45 Himanshu : Chief BNF – Long – Level any suggestion
11:45 Shai : NF at tgt 1. Book half here
11:46 Sandip : +1 Shai
11:46 Azmath : +1
11:46 Shai : How’s that for an OF trade in a slow market?
11:46 Shai : ๐Ÿ™‚
11:47 Thanika : super!.. 0.9 DT done
11:47 Shai : Hold if i 1200o pe
11:47 Shai : 31576- (11:43) Shai : BNF for 31580
11:47 HPandey : shai 30k stop or late seller?
11:47 HPandey : in nf
11:48 Shai : stops
11:48 HPandey : okk
11:49 Uttam : 30k red at lows stalling this move down for now
11:49 Sandip : mass rofit bookings
11:49 Sandip : Profit*
11:49 Shai : yhis has legs guys
11:50 Shai : if it breaks 11980 we have a good short side move
11:50 Shai : hold the 12000 pe with sl of 56
11:50 Shai : will do 171
11:51 Uttam : cool Shai ๐Ÿ™‚
11:51 Uttam : vols coming in that 12000pe here
11:51 Uttam : OI also started to drop
11:52 Uttam : BNF back into comp doing 80% here
11:53 Uttam : NF at that comp VAH
11:53 Uttam : 12000CE going above OI of pe
11:53 Uttam : 120 coming in that pe looks like
11:54 Uttam : gone….
11:54 Govind : Nice
11:54 Govind : OF rocks!
11:54 Shai : 109 coming in PE
11:54 Shai : planning to add abv 110
11:54 Hiren : excellent short NF call shai
11:55 Uttam : BNF had a RS + IS in the morning
11:55 Shai : Cheers
11:55 Shai : Orderflow is always crystal clear in first few days of the series when the option boys are not evry active
11:55 Govind : Zeroes above 110…would be a swift move
11:56 Shai : any one here in this PE- (11:47) Shai : Hold if i 1200o pe
11:56 Govind : Me
11:56 Uttam : there since morning Shai from 83
11:56 Sandip : Shai , I joined the room a little late…were there sellers on top beofr10.30?
11:56 HPandey : +1
11:56 Uttam : had placed tsl at 78 low made 78.3
11:56 Hiren : shai do we expect 11940? intraday?
11:57 Uttam : huge vol continue in that 12000pe
11:57 Shai : 109
11:57 Uttam : (11:53) Uttam : 120 coming in that pe looks like
11:57 Uttam : 113
11:57 Shai : (11:50) Shai : hold the 12000 pe with sl of 56(11:50) Shai : will do 171
11:57 Uttam : +100
11:57 Uttam : BNF completes 80% in comp – KISS
11:58 Uttam : 31641-467
11:58 Uttam : 120 here in that PE
11:58 Sandip : 19960 was the taboo level last week for upside..lets see what happens now
11:58 Sandip : 11960*
11:58 Uttam : 119.3 high so far
11:58 Uttam : boom
11:58 Shai : 31333/ 11908 coming in NF
11:58 Uttam : what a move
11:59 Uttam : 20L vol in this 15min bar in that 12k pe
11:59 TP : 2x in a single trade +100 chief .
11:59 Uttam : 140
11:59 Shai : aa gaya ?
11:59 Uttam : same here Tej
11:59 Shai : ๐Ÿ™‚
11:59 Sandip : dammm
11:59 Rushabh : what?!
11:59 Shai : 171
11:59 Shai : haha
11:59 Himanshu : carnage
11:59 Himanshu : Chief –
11:59 Uttam : whoaaa
11:59 Uttam : 195
11:59 Deepak : wtf
11:59 Uttam : 200
11:59 Govind : 200
11:59 Shai : I said WILL
12:00 Amit : what happened
12:00 Uttam : still holding 1 lot Shai
12:00 Ashish : WTH happened
12:00 Uttam : booked 50% at double the entry 83-171
12:00 TP : Has Amit Shah been announced as Fm ๐Ÿ™‚
12:00 Rushabh : news?
12:00 Psandeep : Made 34 DT in few min all booked
12:00 Govind : Cool, that is 4DT Shai!!
12:00 Shai : Cheers Guys close
12:00 Govind : Only 3 trades all day
12:00 Shai : Im off for the weekend ๐Ÿ™‚
12:00 Psandeep : Nice everyone…
12:01 Psandeep : Me too off from weekend
12:01 Psandeep : nice trade Shai
12:01 Govind : All your trades
12:01 Shai : Let the other guys keeop wondering what happened ๐Ÿ™‚
12:01 Psandeep : Awesome all
12:01 Sandip : low is 11828???
12:01 Uttam : all out
12:01 Deepak : BNF low 30560
12:01 Psandeep : bye guys CHEERS
12:01 Ashish : Thanks Shai for the wonderful friday:)
12:01 Uttam : 211 and back to 155
12:01 Shai : Uopdate – Book the NF short fully 11910
12:01 Arjun : awesome shai congrats again
12:01 Uttam : crazy
12:01 Sandip : +100 Shai
12:01 Govind : Shai is Merlin
12:01 Uttam : 3 DT
12:01 Shai : Update 2 – Book the 12000 pe fully 173
12:01 Azmath : _/\_Awesome Shai
12:02 Uttam : (11:51) Uttam : vols coming in that 12000pe here(11:51) Uttam : OI also started to drop
12:02 Amit : cheers guys
12:02 Govind : Massive volumes in both NF and BNF…what a move
12:02 Amit : 4DT done
12:02 Govind : Congrats Everyone!
12:03 Amit : in 10 min
12:03 TP : rentered thet put at 157 exit 185 in seconds ๐Ÿ™‚
12:03 Uttam : 17L was OI in that PE now down to 11L in 30mins
12:03 Govind : Wonder what happened to the 1 Lac guy at 12k who came in this morning
12:03 Uttam : I made more money (saved actually) by booking out the positional 11900 monthly CE I had carried
12:04 Uttam : 10k down from where I booked ๐Ÿ˜‰
12:04 Govind : +1
12:04 Uttam : vix still stable
12:04 Uttam : and NF jumping like crazy
12:04 Himanshu : Imagine – 30600 Buy at BNf
12:05 Govind : Trend day Uttam ๐Ÿ™‚
12:05 Himanshu : whoever could do it
12:05 Govind : ?
12:05 Uttam : this is what happens when a vwap of a drive fails
12:06 Sandip : @Shai cant see the numbers, can you make orderflow bigger
12:06 Himanshu : How many IBs i BNF – Six Sigma Day
12:06 Deepak : haha
12:06 Deepak : seems market rejects amit shah
12:06 Natarajan : great luck today
12:07 Natarajan : bough 31000pe , 740qty @ 118 sold at 637
12:07 Uttam : wow Natarajan ๐Ÿ™‚ congrats
12:07 Natarajan : 3.84 lkhs i booked. Plus in another account 4.78 lakhs. really great day
12:07 Uttam : E period closing at lows was a signal that pull back high doen in NF
12:07 Himanshu : Yes some severs downs the spine – I guess to Loan Book Holders and theor cronoes
12:07 Uttam : but neven expected F to move this way
12:08 Uttam : composite Gaussian get sliced like butter
12:08 Deepak : flash crash
12:08 Rushabh : writers ๐Ÿ˜€
12:08 Govind : Good one Natarajan
12:08 Uttam : ys that 12000pe move came via stuck writers
12:09 Shai : if we close below 11880 F we have a sell signal
12:09 Uttam : poor guys today may not have much to show for as
12:09 Uttam : yes Shai in fact that triggeres a new weekly FA at 12047
12:09 Uttam : 11605 can come if close below 11880 Shai?
12:09 Uttam : 1 atr down from negated weekly FA of 11872
12:10 Rushabh : shai change in structure? no 12300 you mean?(12:09) Shai : if we close below 11880 F we have a sell signal
12:10 Shai : this is daily
12:10 Uttam : 40L & 15L vol in NF & BNF in this 30min bar
12:10 Shai : 12300 is a monthly number for which sl is 11650
12:11 Rushabh : Oh ok shai
12:11 Shai : this can bounce back to 11980
12:11 TP : WA fwd Amit Shah received his trading password !!!!
12:11 Shai : F
12:11 Uttam : lol Tej
12:12 Uttam : if he is the FM we need to get used to such days Tej ๐Ÿ˜‰
12:12 Uttam : poor guy AJ seems like God now & we used to curse him
12:13 TP : But this guy moves faster than AJ , 10 ib in bn ,
12:13 Himanshu : today morning – 2 FIIs said to put risk off the table
12:13 Natarajan : i bought at 11.57 and sold at 12.01
12:14 Uttam : had a very small IB Tej today just 125 points in BNF
12:14 Shai : congrats Natarajan
12:14 Himanshu : Best for you is not to give it back to market
12:14 Uttam : wow 4 min 400 points?
12:14 Himanshu : Congrates – Natrajan
12:14 Uttam : go on a holiday man
12:14 Anubhav null : 11830 is last week low
12:15 Shai : it’s a technical fall through the composite guys
12:15 Shai : do not read orger market inluence in it
12:15 Shai : 4 day comp was 11870
12:15 Shai : and we sliced through
12:15 Uttam : yes Shai Gaussian effect
12:15 Uttam : like hot knife in butter
12:16 Shai : Hence Isaid hold the PE
12:16 Uttam : +100
12:16 Shai : and I said “will” . don’t say it often but this is one of those high probabilty market profile setuops
12:16 TP : Shai bn level to watch at close for swing shorts.
12:17 Shai : 31235 BNF
12:17 Shai : 11950/ 11980 F for now sl below 11880
12:17 Anubhav null : isnt it a good entry for longs as previous low held?
12:18 Anubhav null : rb was there
12:18 Shai : should get sold again higher if 11980 comes
12:18 Anubhav null : n als short covering
12:18 Anubhav null : ok
12:18 Uttam : so that 11980 is actually a seller Shai like the prev series fellow at 11856
12:18 Uttam : ?
12:19 Uttam : another series where they masked it so well
12:21 Anubhav null : bnf reversing from vwap
12:21 Anubhav null : sell for dl target?
12:23 Shubro : wait for second attempt to go higher
12:24 Lakshay : which setup actually? (12:16) Shai : and I said “will” . don’t say it often but this is one of those high probabilty market profile setuops
12:24 TP : tks chief …(12:17) Shai : 31235 BNF
12:27 Seema : Shai….time to again enter in put?
12:27 Hiren : sellers will try to close below 11860 today
12:28 Shubro : this episode and day shall be titled skyfall
12:29 Anubhav null : lol
12:29 Shubro : did Amit Shah have to liquidate before taking office?
12:30 AN : ๐Ÿ™‚ – may be conflict of interest policy ๐Ÿ™‚
12:30 Amit : ha ha
12:30 Uttam : 31700pe made a high of 1238
12:30 Shubro : Sandip bhain went scuba diving today
12:30 Uttam : now at 525
12:30 Uttam : ibh was 322
12:30 Anubhav null : cot turning positive
12:30 Uttam : @Shubro bhains took the entire village underground today ๐Ÿ˜‰
12:30 Shubro : everyone expecting another lighning strike is it?
12:31 Shubro : i think Shai is engineering one
12:31 Uttam : look at both the profiles
12:31 Uttam : we have singles in the place where we had that composite
12:31 Shubro : trend bloody day
12:31 Anubhav null : it was f peried after all!
12:31 Uttam : so much art MP has ๐Ÿ™‚
12:31 Lakshay : uttam , which setup actually? (12:16) Shai : and I said “will” . don’t say it often but this is one of those high probabilty market profile setuops
12:32 Shubro : Uttam targets now?
12:33 Deepak : any idea what happened ?
12:33 Sandip : @Shai, Uttam…can you please clarify what orderflow setup u saw at top…to short?… The tgt I understand is the 4 day composite, but the entry?
12:33 Deepak : shai – any idea what caused the crash ?
12:34 Hari : Grinding in spike ๐Ÿ™‚
12:34 Uttam : (12:15) Shai : it’s a technical fall through the composite guys(12:16) Shai : and I said “will” . don’t say it often but this is one of those high probabilty market profile setuops _/\_ Shai +1000
12:35 Deepak : u mean a Black Swan ?
12:35 Deepak : event
12:35 Sandip : yes, but he said an orderflow setup i a slow day…..which one?
12:35 Shubro : nah
12:35 Uttam : (12:33) Sandip : @Shai, Uttam…can you please clarify what orderflow setup u saw at top…to short?… The tgt I understand is the 4 day composite, but the entry?….Sandip we had a gap up drive on low vols in the morning and got RS at 12040 in the B period first
12:36 Uttam : again next bounce 12036 we got RS so there was simply no new demand out of the composite & when sellers came back again at same level only way to go was DOWN
12:36 Amjad : u mean to say low volumes in b
12:36 Sandip : ok how big was this guy in the b period?
12:36 Uttam : POC was 87k in B & then 1L in E
12:36 Uttam : 30mins
12:37 Uttam : E made a hgiher high but RS forced it to close at lows
12:37 Uttam : once F broke below E we had a good chance of testing that composite
12:37 Uttam : and we sliced thru it 11989-11980-1135
12:38 Sandip : ok got it, I joined the day late…must have missed the first RS
12:38 Uttam : BNF was weaker since morning as got overlapping RS in A & B at 31792
12:38 Uttam : you can view it in GoToMeeint
12:40 Lakshay : thanks uttam
12:41 AN : Shai, what will be right entry back into 12k pe? if we are expecting it to fall again – 120?
12:43 Sandip : Uttam, the goto meeting…..has a lot of Captital alphabets, how to remove them?
12:43 Sandip : I got it no worries ๐Ÿ™‚
12:44 Uttam : just drag it up
12:44 Sandip : Thx Uttam
12:44 Uttam : ๐Ÿ™‚
12:44 Hari : Planning a DD in both Uttam?
12:44 Uttam : look how the COT was -1L when the RS at 12034 came
12:44 Uttam : and now plus 62k
12:45 Uttam : BNF also -80k as t broke & now 2.8L plus
12:46 Uttam : OF tells you not just wne to enter but also when to book also
12:46 Uttam : @Hari funny profile today, we have a big tail at lows and singles in between
12:46 Uttam : lets see which side of the singles is taken out today
12:46 Sandip : Righht Uttam
12:47 Sandip : Good catch on the COT
12:47 Uttam : looks like the singles in middle will get negated
12:47 Jitender : u guys r askn the wrong questions ๐Ÿ™‚
12:47 Uttam : hey Jit so good to see oyu man
12:47 Jitender : wile llokn fr answers to the fall
12:48 Jitender : been here only bro
12:48 Uttam : +1
12:48 Jitender : tere is only question fr today u guys shld ask ๐Ÿ™‚
12:48 Himanshu : BNF – Bear Trap –
12:48 Shubro : whos doing a good job?
12:48 Hari : SPX cracked ๐Ÿ™‚
12:49 Sandip : Is this an AMit Shah related question Jiender? xD
12:49 Jitender : nope
12:49 Sandip : bach gaye
12:49 Suren : 12:48 Jitender : tere is only question fr today u guys shld ask :)… is the Q is “Today’s move indicates trend reversal?”
12:49 Jitender : if u guys wanna know ill tell the question…..
12:49 Jitender : will
12:50 Jitender : but u wud have to seek the ans
12:50 Suren : sure
12:50 Anubhav null : plz
12:50 Himanshu : Ok Shoot Jit
12:50 Sandip : singles again
12:50 Jitender : what di Shai see so early & the conviction for theese comments (10:20) Shai : Intra – short NF 12024 sl of 12055 tgt 11990.(11:55) Shai : Orderflow is always crystal clear in first few days of the series when the option boys are not evry active(11:57) Shai : (11:50) Shai : hold the 12000 pe with sl of 56(11:50) Shai : will do 171
12:50 Jitender : did
12:51 Jitender : seek the ans…n it will be a grt learning
12:51 Uttam : Shai used WILL
12:51 Uttam : after a long time I suppose
12:51 Sandip : Uttam explained it all
12:51 Uttam : in fact I did not also notice he said WILL ๐Ÿ™‚
12:51 Jitender : ye..y did he say it
12:51 Jitender : yes
12:51 Jitender : wat vl or signal was tere
12:52 Jitender : COT etc wasnt telln
12:52 Jitender : n is confusing on most days
12:52 Himanshu : Amit Shah – Home
12:52 Himanshu : Rajnath Defence
12:52 Gaurav : he mentioned breaking back into balace, will slice though it
12:52 Deepak : global cues
12:52 Himanshu : Sitaraman – Finance
12:52 Gaurav : @jit
12:52 Uttam : ???? you expect Modi to surprise
12:53 Himanshu : Ayio –
12:53 Uttam : Sitaraman – Finanance yeh kaise hua?
12:53 Uttam : BNF not liking it
12:53 Uttam : into the tail below
12:54 Sandip : weirdly..options still heading downwards..even during this entire bounce
12:54 Sandip : in NF
12:54 Himanshu : Nitin Gadkari – Same
12:54 Himanshu : S jayshankar Foreign
12:54 Uttam : looks like they picked chits ;-p
12:55 Himanshu : Piyush Goel – Railwau
12:55 TP : whattay day 197 to 280 in 312k pe in seconds……5 dt done ๐Ÿ™‚
12:55 Uttam : super Tej
12:55 Sandip : + 1 Tej
12:55 Uttam : sabse Tej DT
12:55 Jitender : 11x here Tej
12:55 Uttam : yesterday also 11x na Jit?
12:56 Uttam : so another double khambaa toay ๐Ÿ™‚
12:56 Jitender : yup just 42k shrt of yday
12:56 Deepak : so market rejects sitaraman
12:56 Shai : down from 11955- (12:17) Shai : 11950/ 11980 F for now sl below 11880(12:18) Shai : should get sold again higher if 11980 comes
12:56 TP : tks uttam
12:56 Shai : DD forming
12:56 Uttam : what a end to the monthly profile
12:56 Seema : Shai….DD means DOUBLE DISTRUBUTION?
12:57 Uttam : Neutral Centre on Monthly Shai?
12:57 TP : Jit man you are in a different leauge +100
12:57 Shai : yes
12:57 Jitender : tryn 2 b in yr league Tej
12:57 Seema : (12:56) Shai : DD forming…….DOUBLE DISTRIBUTION?
12:57 Shai : yes
12:58 Seema : OK
12:58 Shai : Cot is big positive at the lows
12:58 Shai : so 11880 still a ref
12:59 Jitender : Shai..did u see nything else apart from coming back into old balance ? (12:50) Jitender : what di Shai see so early & the conviction for theese comments (10:20) Shai : Intra – short NF 12024 sl of 12055 tgt 11990.(11:55) Shai : Orderflow is always crystal clear in first few days of the series when the option boys are not evry active(11:57) Shai : (11:50) Shai : hold the 12000 pe with sl of 56(11:50) Shai : will do 171
12:59 TP : FM selection is a total disaster no piyush goyal .
12:59 Shai : everyone who sold at 12035 have covered
12:59 Jitender : no Tej
12:59 Jitender : let mkt digest it
13:00 Shai : COT was clean at 12035 and RS just confirmed it
13:00 Uttam : +1 Shai
13:00 TP : ok jit let’s wait n watch.
13:00 Uttam : second RS of the day we got there on 30mins
13:01 Shai : this was the paln – (10:23) Shai : these remain supply points for noon – (09:34) Shai : 31820 supply BNF(09:34) Shai : 12052 in NF
13:01 Shai : you git confirmation from the OF to trigger
13:01 Shai : what else you need?
13:02 Shai : (11:40) Uttam : and one nice RS there at 12034
13:02 Jitender : k
13:02 Shai : and of course the bots scream the lodest when the triggers come ๐Ÿ™‚
13:02 Shai : loudest** ๐Ÿ™‚
13:03 Uttam : ๐Ÿ™‚
13:03 Jitender : no doubt
13:03 Hari : u mean alerto Shai?
13:03 Himanshu : i saved -10 dt tday ad sold 31500 pe at 194 -covered 204
13:04 Uttam : timely one Himanshu
13:04 Jitender : was discussing with a friend here on algo’s n their perils yday…n we get a perfect 1200 point drop 2day ….were algo’s wud have caused a loss
13:04 Uttam : PE writers would have got ripped today
13:04 Jitender : everyone but put writers
13:04 Uttam : yes Jit so many algos would have triggered sells in that flash crash na?
13:04 Jitender : ys
13:04 Jitender : n bids jumpn
13:05 Jitender : wud have not been able to fill SLs
13:05 Himanshu : as it brkoec 31700 3rd me down exited
13:05 Uttam : that 12000pe was 110 then 155 then 211 in seconds
13:05 Jitender : cool guys…tx…back to tradn now
13:05 Uttam : next I see it is back to 155
13:06 Shai : that jump in that PE was always going to come abv 110
13:06 Shai : it’s just the composite guys
13:06 Uttam : what a jump it was Shai in that PE
13:06 Lakshay : was it 12000 ce not making new highs ?(12:52) Jitender : COT etc wasnt telln(12:52) Jitender : n is confusing on most days
13:06 Uttam : amazing & more so cos we were holding it too ๐Ÿ˜‰
13:07 Uttam : volumes building at 11920 zone in NF
13:09 Uttam : dPOC can shift lower here in NF
13:10 Thanika : yup (13:06) Uttam : amazing & more so cos we were holding it too ๐Ÿ˜‰
13:11 Sandip : an 11880-850 test wud be good considering the amount ofOi being added in 11900 CE
13:12 Sandip : and in 11200 CE also
13:12 Uttam : 12000CE you mean?
13:12 Sandip : srry ๐Ÿ™‚ yes
13:12 Uttam : ๐Ÿ™‚
13:12 Sandip : 12000
13:13 TP : Shai dd singles can be taken as a form of excess ?
13:14 Shai : yes so far it is excess
13:14 Uttam : NF dPOC comes down to 11920
13:14 Shai : but excess is an EOD term
13:14 TP : tks chief
13:16 Hari : Shai, is 11988 a SOC, though an extn handle
13:19 Gaurav : F in discount to spot on first day of series
13:19 Sandip : are charts stuck>?
13:20 Uttam : working fine Sandip
13:20 Uttam : try a refresh
13:21 Sandip : woooakkkayy
13:21 Sandip : 3 DT in the house finally
13:21 Uttam : congrats Sandip ๐Ÿ™‚
13:22 Hiren : 11860 printed
13:22 Sandip : Thanks Uttam!
13:25 Sandip : This , + Shais comments on the mkt heading down from the bounce..helped me get the move 11940-11880 (12:54) Sandip : weirdly..options still heading downwards..even during this entire bounce
13:25 Uttam : new lows coming in NF?
13:26 Rajendra : again screen problem
13:26 Uttam : what problem Rajendra?
13:26 Rajendra : freeze
13:28 Rushabh : shai, uttam when bots send a signal what should the sl be generallu?
13:29 Seema : not able to see voulem on orderflow.
13:29 Rajendra : now ok thanks u
13:30 Seema : now ok. thanks
13:30 Uttam : best SL would be based on your risk management Rushabh so for intra 1% risk so you have the entry level so accordingly set the SL which is a recent swing low plus suits the risk profile
13:31 Uttam : 12000pe frm 17L OI now to 5.6
13:31 Uttam : and CE from 13-15L now at 25L
13:31 Seema : (13:31) Uttam : 12000pe frm 17L OI now to 5.6……how to interpreat it?
13:32 Uttam : writers got crushed in it
13:32 Seema : Ok.
13:33 Seema : time to take postional trade, before closing?
13:33 Seema : Since monday offloading or rebalancing in portfolio of smart money is going on.
13:33 Uttam : market will open on Monday again Yogesh so there is no hurry but yes Shai did say close below 11880 will be a sell signal
13:34 Seema : Ok
13:34 Uttam : so can accordingly take positions
13:34 Seema : yes
13:34 TP : all moves to vwap 31400 bn sold ….Jit almost 8 x ๐Ÿ˜‰
13:34 Uttam : but wait for the close to take s positional bet
13:34 Seema : Since Monday INDEX managment is going on…am i right Uttam?
13:34 Uttam : nice Tej, this weekend also lets party ๐Ÿ™‚
13:35 Uttam : (13:34) Seema : Since Monday INDEX managment is going on…am i right Uttam? I do not know all this Yogesh, simple MP & OF works for me ๐Ÿ™‚
13:35 Seema : Uttam….11880 future price?
13:35 Uttam : yes
13:35 Seema : ok
13:35 Uttam : Shai had also asked eveyone of us to mark that 11980 yesterday
13:36 Seema : yes….I noted that
13:36 Uttam : today we have move away from that level so June is startig down
13:36 Seema : YES
13:36 Seema : I was bearish since monday.
13:36 Uttam : same thing happened in May when we had that big guy at 11856 and then next week we had an IS at 11770 and went on to make lows of 11138
13:36 Seema : But OF is grr888.
13:37 Seema : (13:36) Uttam : same thing happened in May when we had that big guy at 11856 and then next week we had an IS at 11770 and went on to make lows of 11138…….YES
13:37 Uttam : (13:36) Seema : I was bearish since monday….we made money in longs this entire week Yogesh & even today morning booked profilt in longs
13:37 Sandip : Utaam, “IS”? Irresponsive seller..or seller in initial balance?
13:37 Seema : It will take time to understand OF and MP
13:38 Uttam : Initiative Seller Sandip
13:38 Sandip : yesss Srry forgot
13:38 Seema : (13:38) Uttam : Initiative Seller Sandip………Planning to take course in MP.
13:39 Sandip : I Used to have some basic knowlegde..in MP….A year of literally trading at almost not trading has wiped my memory xD
13:40 Sandip : Online james dalton videos are very good I suppose
13:40 Sandip : And Shai also keeps giving MP workshops from time to time in different cities, which I hear are very helpfull
13:40 TP : anytime ……(13:34) Uttam : nice Tej, this weekend also lets party ๐Ÿ™‚
13:41 Deepak : TP & Uttam, lets do bangalore meetup?
13:42 Arjun : Im also from bangalore. Would love to meet you guys.
13:42 Uttam : hey Deepak we guys met last weekend as Tej was here for his son’s admission but surely we can plan it up again
13:43 Uttam : I think Shai is planning something in Bangalore in June so thst will also be a nice reason ๐Ÿ™‚
13:43 Deepak : perfect
13:43 Arjun : Ah superb
13:43 Govind : Bangalore in June would be nice monsoon weather….Uttam : I think Shai is planning something in Bangalore in June so thst will also be a nice reason ๐Ÿ™‚
13:43 Anubhav : GREENS HERE
13:43 Anubhav : not giving up
13:44 Anubhav : vwap tets coming i think
13:46 Seema : (13:37) Uttam : (13:36) Seema : I was bearish since monday….we made money in longs this entire week Yogesh & even today morning booked profilt in longs…..YES, u r right Uttam. OF has edge.
13:47 Uttam : @Yogesh we need to trade market both sides & MP/OF makes it much easier to take decisions
13:48 Sandip : Uttam, at this moment what does MP/OF suggest?
13:49 Seema : (13:47) Uttam : @Yogesh we need to trade market both sides & MP/OF makes it much easier to take decisions…….YES.. I fully agree with you.
13:51 Sandip : At this moment all day COT is around 0 (63k) and All day delta is -ve 6 lac I Think
13:51 Uttam : @Sandip 3 IB down done in both major move for the day is done, NF we have 2 hvns at 12030 & 11920 today with the singles in between where vwap is also getting aligned so it gets above vwap can fill the singles of middle
13:51 Ram : Hi team, good afternoon . i just joined
13:51 Uttam : right now filling up the lower distribution
13:51 Govind : Welcome Ram!
13:52 Seema : (13:47) Uttam : @Yogesh we need to trade market both sides & MP/OF makes it much easier to take decisions……It means still distribution is going on?
13:52 Uttam : if the DD singles remain then chance for a spike down at close
13:52 Sandip : Hi Ram
13:52 Sandip : Thx Uttam
13:52 Uttam : welcome Ram
13:53 Uttam : 11980 visit can come once as Shai said & that would be a good place to short
13:53 Uttam : yes OF confirmation will add on to the conviction
13:54 Seema : (13:47) Uttam : @Yogesh we need to trade market both sides & MP/OF makes it much easier to take decisions….ok. it means again it is bear TRAP for locals.
13:54 Uttam : BNF looks more like giving tat move into the DD singles first
13:55 Deepak : WC Ram!
13:56 Uttam : NF we got RB in the prev 30min bar at 11870 and from there up it tested that hvn of 11920
13:56 Shai : yes
13:57 Shai : but longs abv 11920 F onky for 11955/ 11980 now
13:57 Sandip : Options settling down a bit…we cud get some SC up till 11940..lets see
13:57 Shai : DD is more visible now
13:57 Uttam : +1 Shai lets see if that IB of this bar at 11904 retains till 2:15
13:58 Hari : Shai, extn handle at 11988/31626 imp
13:58 Uttam : so we just made that composite range bigger Shai ๐Ÿ™‚
13:58 Shai : still 4 day compo Hari
13:58 Shai : failed break abv compo and look below has also failed so far
13:58 Uttam : weekly profile will show a nice balance with tails at both ends
13:59 Uttam : plus we have the monthly close today too
13:59 Anubhav : 11910 is weekly vwap n poc
13:59 Anubhav : thats y selling came here?
14:00 Anubhav : otf guys all watching composite
14:02 Rushabh : shai whats the range of the composite?
14:02 Uttam : it is there in the daily report Rushabh with the chart
14:03 Rushabh : thanks uttam
14:03 Uttam : ๐Ÿ™‚ welcome
14:08 Sandip : Shai when you say 4 day composite, you mean 4 day composite POC right? or Do you mean a zone of sorts
14:09 Sandip : or is this that strong horizontal yellow line in the MP charts?
14:10 Uttam : that yellow line is current price Sandip
14:11 Sandip : oops
14:12 Sandip : so 4 day composite is a combined 4 day MP chart…and its 70% VA is what Shai was targeting?
14:12 Himanshu : Sandip – This is Fall effect ( Haha)
14:13 Sandip : ?
14:13 Govind : Sandip, check this out….https://vtrender.in/wp-content/uploads/2019/05/nf_comp_jun.png
14:13 Himanshu : Yellow Line – Ooaps
14:13 Sandip : xD
14:14 Himanshu : Chief – Aaab BNF -NF mein karna ky ahai
14:16 Shubro : and they all fall down , yet again today Shai?
14:18 Anubhav : cabinet sell off done…now rbi meetseloff on 6th june then budget seloff in july
14:19 Seema : RS at 11904
14:24 Anubhav : hope rallies always fail
14:25 Thanika : Heatseeker APP [2:25 PM]ICICIBANK.EQ-NSE Signal Action Alarm! 420.0 at 14:25:01 Heatseeker : Sell at this price. QT-0
14:25 Thanika : can we take these alerts?
14:27 Govind : SO true Anubhav, we saw this on election results day as well…sell the news..Anubhav : cabinet sell off done…now rbi meetseloff on 6th june then budget seloff in july
14:27 Anubhav : yes momentum trades
14:27 Anubhav : always fail
14:27 Anubhav : when we rchasing
14:28 Sandip : Nifty spot is resisting this recent fall though….lets see what happens
14:29 Anubhav : traditional charts showing double top now
14:30 Anubhav : hrly time frame
14:33 Thanika : COT is positive in BNF. Does that indicate anything?
14:34 Anubhav : as per uttam n mj cot doesnt reveal tru sentiment always
14:34 Anubhav : so better ask them
14:36 Uttam : most of that buying was in that big singles at lows with 31200 being an RB which till now has been defending
14:38 Anubhav : sum of greens were also short covering na?
14:39 Uttam : yes cot was -80k before that move lower came
14:40 Thanika : ok, thanks Uttam.
14:40 Uttam : SC plus good new buying looks like but lets see eod how it shapes and then the OI report
14:40 Anubhav : 1 upmove can come if 11920 i s crsossed wt say?
14:40 Shai : 600 lots were bought at 30592 F
14:41 Shai : i that move down
14:41 Shai : the blessed guy ๐Ÿ™‚
14:41 Uttam : wow Shai what en entry ๐Ÿ™‚
14:41 Uttam : some late reds in NF getting stuck here?
14:41 Shai : yes
14:41 Anubhav : they must have put orders in sytem i guess
14:41 Anubhav : or live algos
14:42 Shai : yes
14:42 Shai : algos
14:43 Himanshu : Chief – can we go long in NF F with 11880 As SL
14:44 Uttam : NF again res at that 11910-920 zone
14:44 Govind : HVN Uttam?
14:44 Himanshu : My my
14:45 Shai : Buy abv 11922 only
14:45 Shai : can go to 11980 close
14:45 Himanshu : Ok sir
14:45 Uttam : yep
14:45 Shai : (13:57) Shai : but longs abv 11920 F onky for 11955/ 11980 now
14:46 Uttam : both NF & BNF for a 10k green at top on 5mins
14:46 Uttam : shorts getting squeezed out
14:47 MJ : Interesting day to be at sidelines.
14:47 Uttam : dPOC in BNF also shifting lower
14:47 Uttam : 31325
14:47 Govind : VIX just shot up
14:48 Sandip : Nifty options slightly up from bottom for the first time in the day
14:48 Uttam : BNF getting some big vols last 3 5min bars
14:49 Govind : more OTM options being written?
14:50 Anubhav : yes weekly calls crashing
14:51 Uttam : we have a holiday next week so have that in mind if carrying any weekly options
14:51 Uttam : 5th June is holiday for ID
14:51 Anubhav : oh yes eid
14:56 Shubro : 3:05 again?
14:56 Shai : all week we spent in the election day profile
14:56 Shai : I wonder how many more days in this 1000 point slide of the BNF
14:56 Shai : of today
14:57 Seema : neither high broken nor low broken.
14:57 Anubhav : i think it will br broken by a gap
14:57 Shai : mark the levels guys 31655- 30562
14:57 Seema : ok
14:57 Sandip : BNF hit vwap some time ago….NF should have hit by now
14:57 Shai : F period
15:00 Anubhav : lo ji aat 3 baje
15:00 Uttam : 5min bar all 0s
15:00 Anubhav : algos jindabad
15:00 Amit : 10k
15:00 Uttam : someone pressing the bar
15:02 Anubhav : failed again?!
15:02 Anubhav : zor lagao re stoploss sabke 11920 pe hai
15:02 Shubro : cant cross vwap
15:02 Uttam : 3:05 move coming on Friday?
15:02 Shubro : 3:03
15:03 Shubro : mow
15:03 Shubro : pow wow?
15:03 Shubro : coming
15:03 Sandip : All day delta and COt is negative
15:03 Uttam : some of those reds are in trouble Sandip
15:04 Uttam : SC ca come
15:04 Sandip : thats what i meant Uttam ๐Ÿ™‚
15:04 Shai : RB building
15:04 Sandip : im looking foe SC atkleast till vwap
15:04 Sandip : 11940
15:04 Shai : pick up a long if you can abv 11922
15:05 Shai : shoukd be quick in and out
15:05 Shai : 11950/ 11980
15:05 Govind : Can we do 12000CE?
15:05 Anubhav : bought 1 call
15:05 Shai : no
15:05 Govind : or futures preferred?
15:05 Govind : Ok
15:05 Shai : don’t buy a call fri post 3
15:05 Shai : that too weekly
15:05 Govind : Oh ok.
15:05 Anubhav : sell put then?
15:05 Govind : Did not know that Shai.
15:06 Sandip : But too much time has gone already Uttam
15:06 Uttam : yes Sandip the move should have started now
15:06 Uttam : lets see how this 5min bar closes
15:06 Shubro : this looks like a gap down next week if doesnt gooo up
15:06 Shai : most of these weeklies are planned for erosion post 3 pm
15:06 Anubhav : bolo ram ram Sitharama
15:06 Shai : no weekly put will give you returns even if you get direction right on Monday
15:07 Shai : no weekly option ** I meant
15:07 Anubhav : ok shai noted
15:07 Himanshu : Shai – Morning balance can happen on Monday
15:07 Himanshu : Is it worth Taking NF long of does not close bleow 11880
15:08 Shai : NF has a failed breakouyt today at 11980
15:08 Shai : even if we get a boucne it should be sold once
15:08 Himanshu : yes
15:08 Himanshu : now till get close above 11980 again – cant be long overnight
15:09 Shai : yes
15:10 Amjad : buy all thanks shai
15:11 Himanshu : BNF F60 points discount to SPot
15:12 Govind : RB has changed in the 30 min bar
15:12 Uttam : Shai you were mentioning low premium in the morning, NF has gone into discount now ๐Ÿ˜‰
15:12 Uttam : first day of new series
15:13 Sandip : ok im out with 10 pts only….sad…
15:13 Sandip : 3.5 DT total…not trading any more..
15:14 Anubhav : i missed todays flash crash tottally
15:14 Anubhav : was driving to office when it happened lol
15:15 Sandip : Anubhav so did I
15:15 Sandip : I shorted the bouce later
15:15 Anubhav : koi ni will short the bounce gain
15:15 Sandip : All Mis orders must have been removed by no (3.15)…lets see how this goes
15:15 Govind : Reds at 919
15:19 Sandip : lunch time….bye all
15:19 Sandip : hve a grt weekend’
15:19 Anubhav : bye
15:19 Deepak : bye all. have a great weekend!
15:23 Shai : close if in 11928- (15:04) Shai : pick up a long if you can abv 11922
15:23 Shai : time is the issue
15:24 Amit : by all.. happy weekend
15:24 Ashutosh : BYE ALL
15:24 Ashutosh : bye all*
15:24 Shai : DD today and 4 day composite failed upper break
15:24 Shai : should be an exciting next week
15:24 Shai : Bye all
15:25 Uttam : bring it on Shai ๐Ÿ™‚
15:25 Govind : Bye Shai/Uttam and all
15:25 Govind : See you Monday
15:25 Thanika : Bye all. ๐Ÿ™‚
15:25 Shai : Hope you all had a profitable session and a profitable week
15:25 Shai : Catch up Monday
15:25 Uttam : thanks All ๐Ÿ™‚ have a wonderful weekend
15:25 Shai : Alerto trades of the room crossed 32% in Profilts in May.All with only a risk of 1% per trade
15:26 Govind : +1
15:26 Gaurav : +1
15:26 Thanika : +1
15:26 Amit : +1 alerto ๐Ÿ™‚
15:27 Himanshu : Bye all
15:27 Shai : simple message is – you don’t need big leverage or a large account if you are ready to trade directional and stop the randomness
15:28 Thanika : very well said Shai. Just with 1 lots every time, i could make DT+ today!
15:28 Shai : 2-3 trades every day with a system and you are through
15:28 Shai : Cheers all
15:28 Shai : Have a nice weekend
15:28 Hari : How many trades you do Shai in a day if I may ask
15:28 Shai : today only 2
15:29 Hari : Nice
15:29 Thanika : +1
15:30 Himanshu : Bye all – Have a great week end


10:51 Rushabh : shai 137 acting as supply for L&TFH
14:42 Rajiv : Shai has ITC got a chance?
14:50 Shai : ltfh yes next leg up abv 139 next month
14:50 Shai : supp is still good and a dip buy zone at 127
14:50 Hari : Shai, some very very unsual volumes in ICICIPrulife, please have a look and review swing
14:51 Shai : itc 258 swing supp
14:52 Shai : icicipru some long liquidation
14:52 Shai : but 377 a sgood supp
14:53 Shai : with some of these stocks don’t pay a lot of attention on expiry day or month closing volumes as they are mostly adjustments
14:53 Shai : try taking a fresh view monday noon
14:53 Hari : Sure Shai, thanks for the inputs
14:54 Hari : it used to 9 lacs vols per day, but is above 30 lacs just today alone

Order Flow charts dated 31st May

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

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

NF (June)


BNF (June)


Room Chat

09:18 Shai : (09:18) Shai : Intra – BUY BNF 31310 sl of 31230 tgt 31455

09:43 Shai : (09:43) Shai : BNF 31360 . Book out
(09:43) Shai : 31360

11:10 Shai : (11:10) Shai : Intra – BUy NF abv 11919 sl of 11892 tgt 11967. Buy abv**

11:30 Shai : (11:29) Shai : Update – if your long got activated scratch here at 11915

12:27 Shai : (12:27) Shai : Buy BNF again 31530 sl of 31440 tgt 31660

13:03 Shai : (13:03) Shai : Hold the BNF with new SL of 31414

13:19 Shai : (13:19) Shai : BNF at 31590 . Book half here and now hold at 31530 the rest

13:23 Shai : (13:23) Shai : Book the BNF fully at 31580


08:50 Shai : GM all
08:51 Shai : https://vtrender.in/market-profile-analysis-dated-29th-may/
08:54 Shai : The big guy is at 11950 and 11980- 11900 June F as we appoach the last day
08:54 Uttam : Good Morning All ๐Ÿ™‚
08:55 Shai : yesterday’s biggest rolls were at 11946 June F and 11961 Juen F about 1L each
08:55 Shai : series dpoc of May at 11736 spot with vwap of 11585
08:57 Shai : shiort term profile is the 3 day gaussian
08:57 Shai : anticpating a move back to 11900- 11908F this open with sl below 11830
08:57 Chandrashekhar : GM all
09:00 Uttam : Spot hypos updated for today & tom in hypos channel on slack
09:00 Shai : +1
09:01 Amjad : gm all
09:04 Ravi : @Uttam only nifty got updated
09:06 Uttam : BankNifty is same as given on SAturday, no changes
09:06 Ravi : ok Tq
09:06 Uttam : plus you can follow BNF Hypos of daily report
09:08 Jitender : Gm Folks ๐Ÿ™‚
09:08 Amjad : gm all
09:10 Deepak : GM all
09:11 Himanshu : GM all
09:12 Uttam : USDINR gap down
09:12 Uttam : rejecting Neutral extreme of yesterday
09:13 Uttam : MP concepts work in all the scrips ๐Ÿ™‚
09:13 Psandeep : Gm All
09:13 Shai : perfect Uttam
09:13 Thanika : GM all
09:13 Uttam : _/\_ Shai
09:14 Uttam : whats with this 71k red? apperaring 2 times in NF
09:15 Sandip : GM All
09:15 Shai : Long is for 11910
09:16 MJ : GM all.
09:16 Ashutosh : GM all
09:16 Govind : GM guys
09:17 MJ : That 71k is a rollover to june with green.
09:18 MJ : Nice buying at open in June OF.
09:18 Uttam : there are 2 71ks Mihir
09:18 Shai : Intra – BUY BNF 31310 sl of 31230 tgt 31455
09:18 Uttam : yes June seems to have a IB of 1L
09:18 MJ : Uttam I feel printed twice. that 771775
09:18 Uttam : could be
09:19 MJ : 717758
09:19 MJ : 71775* sorry guys butter fingers.
09:20 AN : ๐Ÿ™‚
09:21 Uttam : yes gone one of them
09:21 Shai : yes early morning tick that was with styops
09:21 Uttam : lets get above 11883 for a 80%
09:22 Uttam : 11910 & 11937 targets then
09:22 Shai : +1
09:24 Govind : It is gone now….Uttam : there are 2 71ks Mihir
09:24 Uttam : Nifty Spot Hypo A) Nifty needs to sustain above 11889-897 for a move higher to 11920 / 11932-937 / 11960-969
09:24 Uttam : 11889 high so far there
09:37 Anubhav null : here goez
09:40 Shai : 11898
09:40 Shai : pre market plan – (08:57) Shai : anticpating a move back to 11900- 11908F this open with sl below 11830
09:40 Sandip : +1 Shai
09:41 Sandip : Yesterdays vwap quota being completed today
09:41 MJ : Time ran out yest Sandip ๐Ÿ™‚
09:42 Sandip : yep
09:43 MJ : Daily bread done (09:18) MJ : Nice buying at open in June OF.
09:43 Shai : BNF 11360 . Book out
09:43 Shai : 31360
09:44 Shubro : 1 DT done
09:44 Shai : will buy the sip again
09:44 Shubro : +1 Shai
09:44 Shai : Those who want to hold till 3 pm can maintian same sl and tgt
09:45 Sandip : N1 Shi=ubro and MJ
09:45 Sandip : srry Shubro*
09:45 Shubro : hey GM Sandip np ๐Ÿ™‚
09:45 MJ : Thanks Sandip ๐Ÿ™‚
09:45 Jitender : 31.1ce 206-277
09:46 Amit : 1DT done ๐Ÿ™‚ +1 shai
09:46 Uttam : 11850ce 43 tp 60 – 50% out
09:46 Shai : book if in here – (09:15) Shai : Long is for 11910
09:46 MJ : Great stuff room! ๐Ÿ™‚
09:46 Jitender : congo all
09:46 Uttam : (09:21) Uttam : lets get above 11883 for a 80%(09:22) Uttam : 11910 & 11937 targets then
09:46 Uttam : KISS
09:46 Shubro : DT rules Jai ho Jit
09:47 Shubro : Jit book on position sizing, MP and risk management to banta hai
09:47 Jitender : +100
09:48 Shubro : along with strike selection
09:49 Shubro : short at 11903
09:51 Shubro : ping pong day giys again today?
09:51 Shubro : *guys
09:52 Govind : Vix based range given by Suyog is pretty good Shubro…move may come
09:52 Shubro : yeah hoping so Govind
09:52 Shubro : scalping till then
09:52 Govind : same here
09:52 Govind : got out of longs at that big red dot
09:52 Shubro : pav bhaji money
09:54 Govind : At least today’s IB is bigger than y’day
09:56 Uttam : BNF is an ORR up
09:57 Rahul Desai : Govind what dioes that Big Red Dot indicate?
09:57 Uttam : Trend Day on expiry anyone ๐Ÿ˜‰
09:58 Himanshu : yes – am game for same
09:58 Govind : Seller imbalance, BIG Sell….
09:58 Rahul Desai : ok
09:58 Rahul Desai : Thanks Govind
09:58 Govind : CHeers
09:58 MJ : Then I am seeing all of your north bound hypos uttam ๐Ÿ™‚
09:58 MJ : And timely pullbacks.
09:58 Himanshu : Govind – u refer morning selling has casued imbalance –
09:59 Himanshu : Have I understood right
09:59 Govind : At that point in time Himanshu, NF upmove was stalled by the big sell
10:00 Uttam : damn GDFL down today & TD working
10:00 Ashutosh : yes TD workign
10:01 Uttam : will check options in MPLite ๐Ÿ™‚
10:01 Ashutosh : mplite is working
10:02 Uttam : the other link which Suyog has given on slack
10:02 MJ : options yet to be added no?
10:02 MJ : I guess suyog is working on them.
10:02 Uttam : oh yes just checked no options ๐Ÿ˜‰
10:03 Uttam : 11850pe being royally written
10:03 Suyog : gm guys..
10:03 Suyog : someone called out for mplite? ๐Ÿ™‚
10:03 Uttam : hey Suyog
10:03 Uttam : me ๐Ÿ™‚
10:03 MJ : Hola!
10:03 Govind : We miss mplite Suyog
10:03 Suyog : yh.. will have to wait a bit for options.. moving servers is not so easy after all ๐Ÿ™
10:03 Ashutosh : lol
10:03 Uttam : no issues Suyog
10:04 Jitender : Anubhav..u tere ?
10:04 Suyog : futures and spot data only there, for now
10:04 Uttam : take your time, we are getting the best man so no issues in waiting
10:04 Suyog : +1 Uttam
10:04 Anubhav null : yes jit
10:04 Jitender : lighten up
10:05 Anubhav null : ok thanks
10:05 Uttam : hello 11910 & 31410
10:05 Govind : In that value zone of UG
10:05 Shubro : nifty wants to 11 920
10:05 Uttam : first part of 80% done both tag the POC of the Gaussian profile
10:06 Anubhav null : ๐Ÿ™‚
10:06 Uttam : BN dos it in spot though in BNF POC is at 31480
10:06 Anubhav null : c coming up
10:07 Uttam : (09:18) Uttam : yes June seems to have a IB of 1L…till this IB holds we could be doing an OTF up
10:08 Anubhav null : bnf high ywvap
10:11 Thanika : @Uttam: There are some orange dots in 30mins gotoM chart, and it says VWAP, either at top or bottom? What is that
10:11 Govind : NF 30 min May OF is in deep purple
10:12 Uttam : @Thanika they are vwap bands
10:13 Uttam : 2 standard deviation from VWAP
10:13 Uttam : imp references
10:13 Thanika : ok, thanks
10:16 Himanshu : uttam – Boom
10:16 Himanshu : shall we book BNF F here
10:17 Shai : yes
10:17 Himanshu : thabks chief was carrying – Half
10:17 Hari : Shai. this is too much…BNF does exactly 31455. 70, how can you miss 70 paisa ๐Ÿ™‚
10:17 Uttam : more to come Hari
10:18 Uttam : 31480-510 is the hvn zone
10:18 Hari : that was in lighter vein Uttam
10:18 Shubro : damn hit 920 NF
10:18 Uttam : +1 Hari
10:18 Himanshu : BNF crazy today
10:18 Hari : PSU banks rallying
10:18 Himanshu : above 440 – some level I guess
10:18 Uttam : Shai knew it right at open ๐Ÿ™‚
10:19 Uttam : (10:06) Uttam : BN dos it in spot though in BNF POC is at 31480…BNF hgih so far 31474
10:19 Himanshu : someone knows new FM
10:19 Shubro : atta boy NF
10:19 MJ : Bhains sun bathing today Shubro?
10:19 Sandip : yep NF spot also looking strong
10:20 Shubro : yes he didnt go home yest….
10:20 Uttam : getting tanned that bhains ๐Ÿ˜‰
10:20 Shubro : he didnt know market closes as well
10:21 Himanshu : Out NOw – BNF F – & 31300/200/400 PEs short pos
10:21 Anubhav null : vwap test coming up?
10:21 Uttam : so early VWAP test Anubhav?
10:21 Rahul Desai : big reds in Nifty
10:21 Anubhav null : c failure?
10:22 Uttam : few days are exception for that C failure & I feel today is one of them
10:22 Himanshu : What is Bhains
10:23 Uttam : but yes D needs to confirm that by makign new highs
10:23 Shai : C extension
10:23 Himanshu : on 3 mt BNF f chart – hammer – so clear
10:23 Shai : 11893 supp for day
10:23 Shai : 31395 in BNF
10:24 Anubhav null : ok thanks
10:25 Anubhav null : both vwaps close to 11893 in nf
10:25 Shubro : Bhains – buffalo Himanshu commonly mistaken for cow these days in india
10:26 MJ : Last 3 days composite
10:26 MJ : http://148.72.213.70/?symbol=NIFTY&startDate=27-05-2019&nDays=8&tpo=2&isComposite=1
10:26 MJ : Keep this handy.
10:27 Himanshu : Subhro – u sadi bhains did not go home
10:27 Himanshu : explain it technically – Haha
10:27 Shubro : we carried that trade conversation from yest when market was shorting
10:28 Himanshu : OHHHHHHk
10:28 Himanshu : may be i was numb being in -1.5 DT
10:28 Shubro : aiyoo
10:28 Himanshu : well balanced now
10:32 Himanshu : Max Pain at 31300 now – moved up 100 points in this session so far
10:34 MJ : AZ: You there?
10:34 Shubro : dval target now?
10:36 Shubro : quick swim again Sandip?
10:39 Rahul Desai : Shubro you mean 11879?
10:39 Rahul Desai : In Nifty>
10:39 Rahul Desai : ?
10:39 Shubro : thereabouts i suppose ๐Ÿ™‚
10:39 Shubro : but lets see C fellas holding
10:39 Thanika : RS at top in NF? big red dots
10:42 Thanika : oh ok. not much in there..looks still like buy
10:43 Jitender : June has mix of rollovers
10:44 MJ : Yes so couple of 47k on top look rolls.
10:44 Jitender : options in may will change fast based on orders tere
10:44 MJ : Same value in june too.
10:44 Jitender : r u tradn may or june
10:44 Jitender : is my point
10:44 Jitender : lookn at june can be misleading if u r tradn ID
10:44 Jitender : on a 15min tf
10:44 Thanika : ok, jit. I am trading fut in May and Options in July
10:45 Jitender : exactly
10:45 Shubro : good input Jit many thanks
10:47 Shubro : Sandipppppp
10:47 Sandip : ?
10:47 Jitender : see 31.2ce is down 50bps…just on tat reds n PB
10:47 Himanshu : Jit – 31400 PE
10:47 Shubro : water baby again
10:48 Sandip : dunno , I feel grind zone for now
10:48 Shubro : hmm
10:50 Sandip : Maxx pain above 11850 for now
10:51 Shai : anyone know the clsoing vix of yesterday
10:51 Rajendra : 16.41
10:51 Govind : 16.41
10:52 Shai : thanks
10:52 Thanika : VIX was around 16.3 as far as i can recollect
10:54 Anubhav null : ywvap holding in bnf
10:55 Anubhav null : gud entry for day high tgt?
11:00 Govind : P formation in NF Uttam?
11:00 Himanshu : Chalo – Bhaio – Govind bolo hari gopal bolo
11:00 Uttam : Vix down from close Shai so good for continuing up?
11:01 Uttam : 11931 spot eas FA yesterday, lets get above it & do a 1atr up
11:01 Ashutosh : if D doesnt break highs the ABC elongation ?
11:02 Shai : what is ABC elongation?
11:03 Uttam : lol new to me too
11:04 Shai : C side extension was there today . does not work as good as background composite is stronger and a D
11:04 Sandip : ABC as in wave theory?
11:04 Ashutosh : no wave theory
11:04 Shai : but signals were there not to chase in C the longs
11:04 Sandip : oops
11:04 Ashutosh : got it chief
11:05 Ashutosh : C extention I took as elongation
11:05 Shai : A and B not imp @Ashutosh, The driver is always the C
11:05 Ashutosh : ok
11:05 Ashutosh : AB is just for IB
11:05 Shai : ok
11:06 Shai : stays strong abv 11892/ 31395 today
11:06 Shai : will look for sellers below it only
11:06 Shai : (10:23) Shai : 11893 supp for day(10:23) Shai : 31395 in BNF
11:06 Ashutosh : ok and if crosses above days high then can go long
11:06 Shai : yes
11:06 Ashutosh : got it thanks Chief
11:07 Shai : sometimes it is not a short but fair warning not to chase late longs post IB
11:07 Ashutosh : ok
11:07 Ashutosh : keep guiding this way
11:07 Ashutosh : helps a lot in learning
11:07 Shai : bottom line is all of market profile is the background/ context and today it is the 3 day composite
11:08 Ashutosh : why today is 3 days composit ?
11:08 Shai : lovely chart by MJ here – http://148.72.213.70/?symbol=NIFTY&startDate=27-05-2019&nDays=8&tpo=2&isComposite=1
11:08 Shai : same VA +/-
11:08 AN : Shai, when do we get C-ext confirmation, when d doesnt extend beyond it? or any other way?
11:09 Shai : so TF moves beyond the dat
11:09 Shai : day*
11:09 Shai : and higher value takes precendence
11:09 Suren : 11:08 Shai : lovely chart by MJ here – http://148.72.213.70/?symbol=NIFTY&startDate=27-05-2019&nDays=8&tpo=2&isComposite=1… which cred. to use
11:09 Ashutosh : high gone
11:09 Ashutosh : missed by few ticks
11:10 Suyog : guys, you can also look at weekly composite today..
11:10 Suyog : http://148.72.213.70/weekly/
11:10 Shai : Intra – BUy NF abv 11919 sl of 11892 tgt 11967. Buy abv**
11:10 Ashutosh : cool
11:10 Suyog : @Suren, you need to register separately for mplite
11:11 Uttam : (10:22) Uttam : few days are exception for that C failure & I feel today is one of them(10:23) Uttam : but yes D needs to confirm that by makign new highs …just in time
11:11 Shai : +1
11:11 Uttam : Spot needs to get above 11932-937
11:11 Uttam : not made new high still
11:13 Uttam : imp level this in spot
11:14 Uttam : it taken out trend day could get more confrimation
11:14 Ashutosh : iB VOL IS 21 lac good volume for a trend day ?
11:16 Sandip : Yes Uttam, Spot resisting NF
11:18 Uttam : @Ashutosh. expiry day today so we have vols in June also ๐Ÿ™‚
11:20 Suyog : guys, even with June data vols look average esp comparing with past few days.. check the spot charts for this info
11:22 Ashutosh : ok got it Uttam
11:22 Suren : 11:10 Suyog : @Suren, you need to register separately for mplite… done, Thanks
11:22 Shubro : Uttam so may purple lines in 30 min?
11:23 Suyog : +1 Suren
11:23 TP : GM All.
11:23 Ravi : @Shai long call got active??
11:24 Shai : if not active for you take it abvove this only
11:24 Ravi : ok Shai
11:25 Deepak : 11900 CE and PE both have 65lakh combined OI. Is that keeping the spot closer to 11900?
11:25 Uttam : @Deepak lets which OI started to go down from here
11:26 Uttam : that will give an indication of any move coming today
11:26 Uttam : both arnd 32L for now
11:27 Psandeep : Do i need to sign up, looks like my vtrender id not working
11:27 Psandeep : http://148.72.213.70/login/?next=/%3Fsymbol%3DNIFTY%26startDate%3D27-05-2019%26nDays%3D8%26tpo%3D2%26isComposite%3D1
11:27 Deepak : true
11:27 Uttam : 11900ce getting green band here
11:27 Uttam : PSandeep you need to register seperately for MP LITe on that link
11:28 Sandip : There cud be a move back till 11890-880..to flush out longs..then head back up till 11950++…and finally head back down till 11925….just my expiry thoughts..
11:28 Thanika : +1 ๐Ÿ™‚
11:28 Uttam : just a one step process where you need to validate your mail account
11:28 Psandeep : oh, Thanks Uttam
11:29 Shai : Update – if your long got activated sctach here at 11915
11:30 Shai : coil here
11:42 Himanshu : Chief in Qaunts table – vwupb – indicated which Vwap
11:42 Sandip : that bar with 45 and 48 k reds was profit booking..cud be from the guys who bought early on
11:42 Sandip : in NF
11:43 Ashutosh : COT huge red
11:43 Himanshu : vwap – is current day- YVWAP – is previous day, VWLOW & VWUPB -pls
11:43 Uttam : vwap upper band
11:44 Uttam : and vwap lower band
11:45 Uttam : now vwap test coming?
11:47 Uttam : that 1.7L red on 30mins has a 1.5L green in Jun
11:48 Uttam : OI of 11900ce needs to start coming down
11:49 Sandip : right so this 1.7 lac guy could be getting out of current series and buying in the next..correct..roll over right?
11:49 Uttam : yes Sandip a long rollover
11:49 Sandip : Thx Uttam
11:52 Himanshu : uttam – MP lite chat link pasted here for composite is live chats
11:52 Himanshu : meaning will be able to see as it progress
11:53 Paras : rs
11:53 Uttam : yes Himanshu that is updated live
11:54 Himanshu : Wow – thats awesome – can we have for BNF compoite ?
11:54 Uttam : of course
11:54 Himanshu : Suyog – MJ – can help with ?
11:55 Suyog : yes Himanshu
11:55 Himanshu : just registered with link –
11:55 MJ : http://148.72.213.70/?symbol=BANKNIFTY&startDate=27-05-2019&nDays=8&tpo=2&isComposite=1
11:55 Uttam : try this for NF, TPO size little bigger so chart fits in one screen
11:55 Uttam : http://148.72.213.70/?symbol=NIFTY&startDate=27-05-2019&nDays=8&tpo=6&isComposite=1
11:55 Himanshu : Awesome – twosome
11:55 MJ : Himanshu in url just replace the instrument.
11:56 Suyog : can also check the /weekly link as i shared before.. this week is very well placed just abv prev week.. gives a nice context too
11:56 Uttam : for BNF http://148.72.213.70/?symbol=BANKNIFTY&startDate=27-05-2019&nDays=8&tpo=18&isComposite=1
11:56 Uttam : MB formed in NF
11:57 Uttam : NF June needs to get above & sustain
11:57 Himanshu : With this composite live charts – If I cant make living trading then – will have to go back to Samsung TV sales – Serioulsy
11:57 Uttam : 11912 in May was prev HVN too
11:58 Uttam : lol Himanshu….we will all do it together
11:58 Ashutosh : yeah seriously if couldnt learn trading here then have to go for tv sales
11:59 Himanshu : No – am serious may be I have to work on Psycology – Discipline – Risk management etc
11:59 Himanshu : in terms of Data – What more one can ask ?
12:00 Govind : Shai, if 11919 is crossed again, NF is a buy?
12:00 Himanshu : and Jit’s propritery – DT concept –
12:01 Anubhav null : greens r bak
12:01 Govind : DVAH is 11915 now…it was 11919 before
12:01 Himanshu : I like to Volunteer for Vtrender – TV ad – like Teleshopping way
12:01 Himanshu : Before Vtrneder chat room –
12:02 Himanshu : Mein High Risk _ low Profit Option Writer tha …
12:02 Himanshu : Meri chaddi uttar jatti thi – trading session mein
12:03 Himanshu : Aab mein – accha trader banne ki line mein jud gaya huin
12:03 Shubro : line mein lago himanshu pehle me tha
12:03 Himanshu : Achha bhai
12:03 Paras : sellers gtng dumped
12:03 Shubro : matlab high risk wala trader
12:03 Himanshu : Ok – same pinch
12:04 Paras : 15k guy in trouble
12:04 Himanshu : Am just visualising those advt – of protin shakes and weight loss guys in teleshopping
12:04 Uttam : take out 11932-937 spot guys
12:04 Uttam : NF ke kuch nahi hone wala tab tak
12:04 Himanshu : Let me stare at Nifty spot
12:05 Uttam : boom
12:05 Ashutosh : 30k red shit
12:05 Ashutosh : 23*
12:06 Uttam : only NF makes new highs rest not interest BNF & both spot
12:06 Shubro : spoilt it
12:06 Shubro : or not?
12:06 Uttam : comgin coming
12:07 Govind : Shai/Uttam, NF good to re-enter?
12:07 Shubro : 23 becomes 30k …..
12:08 Himanshu : 34k in BNF – Uttam is roll over at 31483
12:08 Uttam : nothing
12:08 Uttam : nothing in Jun
12:09 Ashutosh : 50k green]
12:10 Himanshu : Hmm
12:12 Hari : BNF vols sucks
12:12 Uttam : that 53k green is red in JUn
12:12 Uttam : sorry
12:12 Uttam : green in June also
12:13 Uttam : spot right there
12:13 Uttam : knocking 11932
12:13 Uttam : daya tod do darwaza ๐Ÿ˜‰
12:13 Ashutosh : lol
12:14 Uttam : 11900pe OI at 36L now PCR going above 1
12:14 Shubro : SAY DISCO
12:14 Ashutosh : buyers absobed everything
12:14 Uttam : spot has 3 tpos there at 11930
12:15 Uttam : aur isike saath sixer ๐Ÿ™‚
12:15 Uttam : NF completes full 80%
12:15 Uttam : 11937 is here
12:16 Uttam : 11850ce doubles from 43
12:16 Uttam : 86 now
12:17 Uttam : 11900ce writers could be forced to cover
12:17 Sandip : Nf shud break 11950
12:17 Uttam : Nifty Spot has poor hgihs at 11960 to repair
12:17 Shubro : booked 2 DT
12:18 Shubro : 11905 to 1942
12:18 Sandip : Yes Uttam, finally some covering in 11900 CE
12:18 Uttam : stayng above FA of 11935 we have small hurdle at that multi-day of 11965 else can do 12115
12:19 Himanshu : Shubro+1
12:21 Sandip : N1 Shubro
12:21 Uttam : congrats Shubro
12:22 Govind : Cheers Shubro
12:22 Ashutosh : GDFL is live
12:23 Govind : Full Budget likely in July 1st week! FinMin announcement
12:23 Uttam : BNF also does 80% in the 3day gaussian
12:24 Govind : Going for a strangle play
12:24 Uttam : 31351-31533
12:25 Uttam : (09:57) Uttam : Trend Day on expiry anyone ๐Ÿ˜‰
12:26 Himanshu : Uttam – I said – am game
12:27 Himanshu : well cashed out at 450 -460 range ealier and now waiting for some reasonable entry
12:27 Govind : ICICIB is moving up fast…this may push spot NF/BNF
12:27 Sandip : I am expecting a 11950 + move also Uttam ..but not sure about trend…lets see what happens above 11960
12:27 Shai : Buy BNF again 31530 sl of 31440 tgt 31660
12:28 Uttam : (10:21) Uttam : so early VWAP test Anubhav?…vwap not tagged at all today
12:29 Uttam : (09:18) Uttam : yes June seems to have a IB of 1L
12:29 MJ : Algo guy is here
12:29 Govind : Uttam, tagging means price has to cross and go beyond/below vwap?
12:29 Uttam : so late this time Mihir
12:30 Shai : big guy smae place
12:30 Shai : 11938
12:30 Govind : 3L in June also
12:30 Shai : all rolls are long
12:30 Uttam : dPOC for May can move higher Shai?
12:30 Sandip : Maxx pain finally at 11900
12:30 Shai : they have chosen the zone – (08:54) Shai : The big guy is at 11950 and 11980- 11900 June F as we appoach the last day
12:30 Shai : mark it on your charts
12:31 MJ : +1 shai
12:31 MJ : earlier smaller rolls picked 11960 11990 zone too.
12:31 MJ : Small aka 1.5L guys.
12:32 Sandip : damnnn
12:32 Sandip : huge OI increase
12:32 MJ : Uttam notice no masking yet on this algo order.
12:33 Shai : what aboiut june?
12:33 Shai : june?- (12:32) Sandip : huge OI increase
12:33 Sandip : June I dont Track Shai
12:33 Sandip : Current series only
12:35 Govind : June is at 180000 total OI, up from 175k 30 mins ago
12:36 Govind : No, scratch that…Sorry. THat is cumulative OI
12:36 Hari : then it should appear in RED in May right 12:30 Shai : all rolls are long
12:36 Hari : why he is buying in both series
12:39 Ashutosh : i was also thinking the samw
12:39 Hari : anyone can clarify pls
12:39 Hari : or is he covering shorts in May and buying in June?
12:39 Sandip : Govind check for” OPen Interest”
12:39 Uttam : 2L red here
12:39 Uttam : masking started Mihir
12:39 MJ : Yes ๐Ÿ™‚
12:39 MJ : https://vtrender.slack.com/archives/C0N9BFAF4/p1558252738014700
12:40 MJ : @Hari and @Ashutosh check this
12:40 MJ : Note by uttam.
12:40 Hari : is roll over on Thrus a rare event?
12:40 Hari : in NF
12:40 Uttam : normally that big player comes by Wednesday Hari but suppose he was keeping his cards close to his chest till now
12:40 MJ : Usually big rolls since last 10 months are at 1-3DTE
12:41 Ashutosh : Thanks MJ
12:41 Sandip : these 2 lac and 1 lac guy are again new
12:41 MJ : Max on wed.
12:41 Sandip : im gonna stay away and observe for a bit
12:41 Hari : this is a huge vol bar so far 5 lacs so far
12:41 Uttam : prev one also 4L
12:41 Uttam : before that too 4.3
12:42 Sandip : Dami it
12:42 MJ : 10L
12:42 Ashutosh : vols
12:42 Sandip : Gonna track double series from next month
12:42 MJ : has to be rolled boys. Check that slack link.
12:42 Uttam : another 2.5L
12:42 Himanshu : GFadd OI
12:42 Sijo : why price is not moving on such huge volumes?
12:43 Uttam : these are rolls Sijo
12:43 Uttam : and you have big vols on both sides
12:43 Uttam : expiry week be ready for these kind of OF action
12:43 Himanshu : after their books are settlled by 2.2.30 max
12:43 Uttam : will move away evetually in the new series from here
12:44 Himanshu : retail Buchering plan
12:44 Sandip : lol all OI increase in last 20 minutes
12:44 Uttam : eventually
12:44 Uttam : Jun has more OI now than May
12:44 Sandip : I dont get this? Shai
12:44 Shai : rollover day
12:45 Uttam : in June inspite of that 3L buyer COT increased just b7 90k
12:45 Uttam : in fact 4.75 is the big green there
12:45 Shai : there are 2 opp transactions at 11931 and 11938
12:45 Sandip : Uttam, can you check the June seies NF OI movement in last 20 mins
12:46 Shai : is pre-ararnged generally
12:46 Sijo : Last month I compared market depth for such huge volume. The price, bids and asks didn’t changed for such huge volume. I wonder how they do it
12:46 Shai : it’s done through an inter mediatory
12:46 Shai : clearing house
12:46 Sandip : Ok so big players are exchanging hands
12:47 Uttam : @Sandip it was 1522417 at 12:30
12:47 MJ : Iceberg order usually Shai?
12:47 Uttam : 1635772 now
12:47 Shai : no
12:47 Shai : this is a fixed hour for these trades
12:47 Shai : notice the big guy is always around 12
12:48 Uttam : GDFL acting funny today so may not be correct data Sandip
12:48 Uttam : what a day for live data to get messed up
12:48 Ashutosh : TD is working great
12:48 Ashutosh : ๐Ÿ™‚
12:48 Uttam : I use that for spot & cash Ashutosh
12:49 Uttam : F&O GDFL has been stable from many years
12:49 Sandip : Thx Uttam and Shai
12:49 Ashutosh : okk
12:51 MJ : Yes Shai.
12:53 Sandip : normally I see big OI increases as traps on the monthly expiry day….but these are too many and too big to ignore
12:54 Sandip : some fishy stuff is on
12:55 Uttam : OI of 11900 ce now at 26.5L & 11900pe at 45L
12:55 Uttam : PCR from 1 sometime back nearing 2
12:55 Darshan Jaju : what it indicate ?
12:55 Uttam : 11900 spot is being made secure
12:56 Uttam : (11:25) Deepak : 11900 CE and PE both have 65lakh combined OI. Is that keeping the spot closer to 11900?(11:25) Uttam : @Deepak lets which OI started to go down from here(11:26) Uttam : that will give an indication of any move coming today
12:56 Uttam : @Darshan check this
12:58 Sandip : Well spotted Uttam, thats a very good thing to keep track of on expiry
12:58 Uttam : yes Sandip learnt a bit of this from you ๐Ÿ™‚
12:58 Uttam : mornign 11850pe was being written
12:58 Hari : guess it is gonna be a cracker of settlement after 2 on upside
12:58 Uttam : Amen Hari
12:59 Hari : clean trend day in stocks leading the move, unless. some drama
12:59 Deepak : yes watching option chain comes in handy along with OF and MP
13:00 Himanshu : Poor BNF is at mercy of local punters
13:00 Hari : COT in both series hugely +ve
13:00 Sandip : I have a whole screen of live updating OI for 3-4 strike prices….and I derive the change in OI as well..very good info to see whats happenning
13:01 Uttam : +1 Sandip
13:02 Himanshu : Sandip – Any observation on BNF opion chain
13:02 Uttam : lets see if we have started getting some movement in 11950 strikes & then it will be the 12k one
13:02 Himanshu : r they securing 31500
13:03 Uttam : 11950ce has 21.8L OI and PE just 9.5L
13:03 Shai : Hold the BNF with new SL of 31414
13:04 Shai : oullback time
13:04 Sandip : mkt should not end below 11890…
13:04 Shai : they may relead near vwap
13:04 Himanshu : Chief – in it – can we add
13:04 Shai : can
13:08 Ravikiran : CAN CAN
13:08 Ravikiran : 11962
13:08 Ravikiran : ?
13:17 Anubhav : above 11962 it can tag 12000
13:18 Sandip : fells like it anubhav
13:19 Uttam : (12:17) Uttam : Nifty Spot has poor hgihs at 11960 to repair
13:19 Uttam : Spot getting there
13:19 Shai : BNF at 31590 . Book half here and now hold at 31530 the rest
13:19 Uttam : +1 Shai
13:23 Shai : Book the BNF fully at 31580
13:23 Anubhav : big reds in nf
13:23 Shai : will buy a dip
13:23 Govind : Thanks Shai
13:24 Govind : THat got me to 1DT
13:24 Anubhav : trying to defend 11950 writers
13:25 Shai : +1
13:25 Shai : 31700 ce a lottery for 3.15
13:25 Uttam : 11950pe OI increasing
13:25 Shai : can do in 2 parts with all risk
13:25 Shai : estimate is 31740 F from here with sl of 31450
13:26 Himanshu : Out at 587
13:26 Himanshu : Chief now for positional – whats the level for June series we can enter –
13:27 Himanshu : incase of some – Expiry mangement – can be brought down during day ..pls indicate
13:27 Shai : need to wait toll 3 pm for postnl
13:28 Shai : 31450 is supp 1 for next few days also
13:28 Suren : 13:25 Shai : 31700 ce a lottery for 3.15 .. CMP is 18
13:28 Uttam : time 3:15
13:28 Uttam : book then
13:28 Sandip : i have very low quantity of 11900 ce at 41
13:29 Sandip : hopefully it goes to 84….my sl is 15 xD….so its mostly hero or zero at this point xD
13:30 Uttam : Q is are we getting the afternoon dip or no ๐Ÿ˜‰
13:30 Uttam : 11850ce knocking on 3 figures
13:30 Uttam : can it do it
13:30 Uttam : yes it does ๐Ÿ™‚
13:31 Uttam : A) Nifty needs to sustain above 11889-897 for a move higher to 11920 / 11932-937 / 11960-969
13:31 Uttam : 11959.75 high so far
13:32 Sandip : cmmmon
13:32 Uttam : 11950ce OI building up
13:33 Uttam : some new shorts in it?
13:33 Sandip : slightly Uttam
13:33 Uttam : could be very harmful
13:33 Uttam : sorry not that much
13:33 Uttam : got confused with vol & OI
13:33 Uttam : vol was 32
13:33 Psandeep : Posting for a friend..come back…. Not great day as twice SL hit but still not bad.
13:33 Uttam : 22L & 12L 950 combo OI now
13:33 Psandeep : https://vtrender.slack.com/archives/C0F2VRTPW/p1559203424000300
13:34 Psandeep : Posting for a friend..come back…. Not great day as twice SL hit but still not bad. https://vtrender.slack.com/archives/C0F2VRTPW/p1559203424000300
13:34 Sandip : there have been shorters in 11950 PE..but they are 1/3 of 11900 Pe ..so not as strong
13:34 Govind : Nice one Sandeep! COngats
13:34 Sandip : right now 11900 is a strong base
13:35 Uttam : yes that 11950ce needs to sustain above 20
13:35 Uttam : got some big vols there
13:35 Sandip : Uttam, spike in 11900 CE? till 59?
13:36 Sandip : in this day high break
13:36 Himanshu : 331500 – max pain and PCR 1.13.1
13:37 Himanshu : today built up in 31500pE 770K – think exp at 31500 –
13:37 Uttam : took support at 2 day vwap making a low of 35,
13:37 Uttam : 68-69 coming in that 11900ce looks like Sandip
13:37 Govind : That 31700CE has gone up 80%
13:37 Uttam : abv that 84
13:37 Sandip : yep im more hope full of an 80 ๐Ÿ™‚
13:37 Uttam : Spot repairing that 11960 poor highs
13:38 Sandip : that is required to crush….11950 PE down to 0..we will need a bigger move upwards..
13:38 Uttam : 11960 NF was a hvn
13:39 Sandip : yes thats a problem ๐Ÿ™
13:39 Uttam : can expect a stall here for that afternoon dip
13:39 Uttam : but if this is taken out we may have a dip less trend day ๐Ÿ˜‰
13:39 Sandip : ideally the dip shud have happenned before 1.30
13:39 Uttam : C) Above 11970, Nifty can probe higher to 12005 & 12041-50
13:39 Uttam : lets get above 11970
13:40 Himanshu : Ok let me try my way – ( hahah)
13:40 Himanshu : if I buy one lot here – will cross
13:40 Himanshu : if i buy more .. for sure will come down
13:41 Sandip : lol
13:41 Amit : haha
13:43 Himanshu : Bhai – retail hain na ?
13:43 Himanshu : to itna nasseb hai, Jyada try kiya to -mar denge
13:44 Himanshu : 50 – 100 Khokha ke niche sub retail hai/
13:45 Himanshu : Gyan hai to tikeh rahenge – nahi to gaan wapas
13:45 Himanshu : Gaon – Village
13:46 Sandip : It feels like there shud have been a dip..but all my indicators pointing to a strong upward move once atleast
13:47 Shubro : yeah Sandip same here
13:47 Himanshu : I am telling you – have bought one lot Nf – F
13:47 Himanshu : bindass now
13:47 Shubro : this will only go up that last dip should have gone further but no
13:47 Sandip : haha Himanshu
13:49 Uttam : both 11950ce/pe at 18
13:49 Himanshu : Am now only waiting for Navjyot Siddhu to retire from politics announcement and action –
13:49 Sandip : lol
13:49 Sandip : Thooko taali xD
13:50 Sandip : un beliaveble Navjot Siddhu!
13:50 Himanshu : That MC – BC
13:50 Himanshu : He is being retired from – Sony TV and Kapil Sharma Show now
13:50 Himanshu : as people have written to unsunscribe channel if not removed
13:51 Anubhav : high done for the day shai?
13:51 Shubro : lots of reds
13:51 Shubro : ?
13:51 Anubhav : yesh
13:51 Anubhav : in last 3 candles
13:51 Uttam : BNF gives a lower low
13:53 Himanshu : Rahul Aur Congressi Haar Ke Bhi Khush –Modi เค…เคตเคงเฅ€ | เคฐเคพเคนเฅเคฒ เค”เคฐ เค•เคพเค‚เค—เฅเคฐเฅ‡เคธเฅ€ เคนเคพเคฐ เค•เฅ‡ เคญเฅ€ เค–เฅเคถ –เคฎเฅ‹เคฆเฅ€ เค…เคตเคงเคฟ
13:53 Himanshu : Please go thru – this tonight post market hours – it is part of effective trading – Humor
13:54 Himanshu : is on Youtube – on all lost leaders – from Shartugan Sinha – to Chandra babu to Siddhu etc
13:56 Himanshu : Dip in BNF started at 1.47 pm
13:56 Uttam : NF June also makes lower low
13:57 Himanshu : after double kiss to 31640 – Gap filled
13:57 Anubhav : 11950 call crashed
13:57 Uttam : 11950pe OI up to 16L now
13:57 Uttam : ce OI still 22.8
13:58 Anubhav : so 1 more bounce u feel?
13:58 Uttam : no bounce, close at hgihs
13:58 Uttam : but post 2:15
13:58 Uttam : this bar low needs to hold
13:58 Uttam : and then make new highs
13:59 Anubhav : ok
13:59 Uttam : 15 more mins so can still make lower lows here
13:59 Uttam : POC shifting lower on 30min s
14:02 Anubhav : so 1 can buy this dip with ibh as stoploss?
14:03 Uttam : May NF makes lower low now
14:03 Uttam : buy after this period gets completed
14:04 Uttam : 11935-937 is the FA & VAH of composite
14:04 Himanshu : so this means – I not entitled for one lot also – at high
14:04 Himanshu : Beta sambhal jao
14:04 Uttam : acceptance in that could give a 80% move down
14:05 Uttam : Spot also makes lower low
14:05 Uttam : so the dip is here
14:06 Uttam : 11950ce writers defending?
14:08 Sandip : More OI needs to come in at 11950 CE
14:08 Uttam : 6 more mins
14:12 Sandip : nice
14:14 Sandip : and ..the dip ends here
14:14 Uttam : now to make new highs
14:14 Shubro : take it away Uttam!!!
14:15 Anubhav : bravo!
14:17 Govind : +1 Uttam
14:18 Uttam : new hgihs yet to come buys
14:18 Uttam : guys
14:18 Uttam : 11950ce/pe 24l/16.5l
14:19 Uttam : those writers need to be taken out
14:19 Sandip : options held well during the small dip in NF..this should give atleast 11980
14:19 Uttam : 11970 spot if conquered we can close above 12k spot
14:20 Uttam : poor highs in NF & BNF and spot Nifty also
14:23 Uttam : abki baar…. ๐Ÿ˜‰
14:24 Sandip : nahheeeee
14:26 Shubro : GPGT
14:27 Anubhav : tough fight
14:27 Shubro : settlement moves Shai?
14:30 Shubro : what drama
14:30 Govind : Reliance is making a puch
14:30 Shubro : K period is a total kamina period
14:30 Govind : push
14:30 Sandip : spot and options held this fall as well…
14:30 Shubro : chal puttar
14:31 Shubro : now now
14:31 Sandip : futures needs to push now
14:31 Uttam : Spot to make new highs first?
14:32 Shubro : strong candle
14:32 Shubro : no wind please
14:33 Govind : spot is so close to DH
14:34 Sandip : wahts spots day high?
14:34 Uttam : yes get that above 11970 Govind ๐Ÿ™‚
14:34 Shubro : bomb blast coming?
14:34 Govind : Tell HImnshu to short one lot Uttam
14:34 Uttam : 11968.55
14:34 Govind : Himanshu*
14:34 Shubro : i am blowing behind it Itam
14:34 Sandip : thx uttam
14:34 Uttam : spot add one more TPO at top
14:35 Anubhav : chant modi modi modi
14:35 Anubhav : lol
14:35 Uttam : 14:45 extension handle time looks like today
14:35 Uttam : 11950ce writers not relenting
14:36 Uttam : some power they got
14:36 Anubhav : so exp at 11950 then and tmorrow upmove?
14:36 Sandip : neither are 950 Pe writers..we cud see a close between 925-950 if NF dosent pump it up
14:37 Uttam : yes Sandip but lot of time left so looks like one side will give away
14:37 Sandip : True
14:38 Govind : HIgh Drama Shubro
14:39 Shubro : sigh Govind!
14:39 Shubro : trying to save my energy for the move GOvind
14:39 Govind : Mota bhai is moving the needle now in spot
14:39 Uttam : 5 more mins
14:39 Shubro : yes motabhai
14:39 Sandip : Govind Mota up or down?
14:40 Govind : Up Sandip
14:40 Govind : 2%
14:41 Shubro : 3 more min
14:41 Ravi : Uttam are you going to repair NF poor Highs today?
14:41 Uttam : not in my hands Ravi ๐Ÿ™‚
14:42 Ravi : oh ๐Ÿ™‚
14:42 Shubro : not looking good BNF down
14:42 Uttam : yes BNF looks has run out of fuel today
14:43 Uttam : 3 lower highs in it last 3 30min bars
14:44 Sandip : guys where is bnf maxx pain?
14:44 Uttam : K was an insdie bar in both
14:44 Anubhav : vwap 31483 last hope
14:44 Shai : one time frame up stopped in both
14:45 Shai : expiry taking over
14:45 Shai : 41475 last supp in BNF
14:45 Shai : 31475
14:48 Govind : Gone
14:48 Anubhav : ouch
14:48 Uttam : 11915 coming?
14:49 Shai : lomg crushed
14:49 Sandip : out at 8 pts loss in 11900 CE
14:49 Shai : back down to 31395 supp
14:49 Uttam : exited that 11850ce remaining at 73
14:49 Uttam : first vwap tag of the day
14:51 Anubhav : small rb in nf
14:53 Natarajan : any 3pm lottery call ๐Ÿ™‚
14:54 Sandip : them Option writers for 11950 CE just assed 2 lac arnd in the dip
14:54 Shubro : 3:05 move…what is it gonna be….hmm
14:55 Sandip : added *
14:55 Shai : BNF 31200 put a lottery
14:56 Shai : 31300 better
14:56 Shai : change of auction
14:56 Shai : transition happened
14:56 Shai : 31250 F can come
14:59 Sandip : wat swings
14:59 Shai : STOPPED
14:59 Shai : negated
15:00 Govind : Crazy Thursday
15:00 Anubhav : nice moves
15:01 Anubhav : buyers stepped in
15:01 Shai : one fimal nail would gave come below 31393
15:01 Sandip : these arent buyers govind..they are profit bookers and short coverers
15:02 Govind : headed the other way now Shai?
15:02 Psandeep : what a day… awesome expiry
15:02 Psandeep : Cheers guys
15:02 Psandeep : bye
15:03 Shai : No too late avoid now
15:03 Shai : tape is bullish for 12300 now in june – july
15:04 Shai : sl is 11770 for that JUne view
15:04 Shubro : BC
15:06 Sandip : phew
15:06 Sandip : made back those 8 points in same CE
15:07 Govind : THanks Shai, any positional views in BNF?
15:08 Shai : not in BNF
15:08 Govind : Ok thanks
15:09 Sandip : I doubt those 6-7 lac guys will let us go anywhere…they should keep covering and booking in this zone to maintain it between 925-950
15:11 Hari : what is the TF Sandip
15:11 Seema : Shai…. can we buy NIFTY 12000CE of JUNE at current price for tommorow?
15:12 Seema : it is nr. 62-63
15:12 MJ : Shai can you update the RO point at close for both?
15:13 Sandip : Hari I mean todays big numbers that came in
15:14 Shai : Juky better but can do june also
15:14 Shai : view os 30 days out
15:15 Himanshu : Chief – View for BNF
15:15 Himanshu : for carry
15:15 Amit : what a expiry .. from 1.3 dt to -0.3to 0.2 dt
15:16 Shai : No strong view in BNF – will wait out tom closing
15:17 Himanshu : ok
15:17 Himanshu : but clear on NF F
15:18 Uttam : so that 3day bell is now a 4 day composite as Shai mentioned yesterday at close that we may stay here on expiry dat
15:18 Jitender : bye all
15:19 Uttam : new series & new month from Monday so lets see what we have in store
15:19 Uttam : cya Jit
15:19 Jitender : 11x today man…wat happens happens fr good…cud focus more ๐Ÿ˜‰
15:19 Jitender : tc
15:20 Uttam : super Jit ๐Ÿ™‚ cheers so triple khambha on ๐Ÿ˜‰
15:20 Jitender : def
15:20 Uttam : keep rocking
15:20 Jitender : _/\_
15:21 Anubhav : gr8 going
15:21 Govind : Congo Jit!!
15:21 Anubhav : apan ne bhi aaj thoda chillar kamaya
15:22 Sandip : Missed tagging..11890 by 10 pts..but the rest seems to be happenning ๐Ÿ™‚ (11:28) Sandip : There cud be a move back till 11890-880..to flush out longs..then head back up till 11950++…and finally head back down till 11925….just my expiry thoughts..
15:22 Himanshu : we can carry now with SL of
15:22 Sandip : expected a liitle more jump in nf ..but naa milaa ๐Ÿ™
15:22 Thanika : +1 Jit!
15:23 Sandip : Nice one Jitender
15:23 Himanshu : Jit + 11x
15:23 Himanshu : congrates
15:25 Shai : Congrats Jit. Nice one
15:26 Shai : expiry at big guy’s number
15:26 Shai : Bye all
15:26 Shai : Catch up tom
15:26 Deepak : bye all
15:26 Sandip : bye Shai, All
15:26 Amit : bye all
15:26 Govind : Wow, that is amazing…big guy controlling this
15:26 Govind : Bye all
15:27 Uttam : thanks All ๐Ÿ™‚ have a lovely evening
15:27 MJ : Bye everyone cheers!
15:30 Himanshu : Bye all


10:20 Hari : Shai, please review ICICIprulife posnls
10:28 Jatin : shai,chk yesbk when u have time
10:33 Shai : yes is coming out of asset management?
10:37 Shai : icici pru looking good
10:37 Shai : enough vol foir 417 restest
10:38 Shai : yes will continue weak below 175
10:38 Shai : my strike zone for yes long term remains 96
10:53 Jatin : thanks
11:02 Hari : Uttam, Tamo long here?
11:35 Uttam : just checking the charts Hari, give me 5 mins
11:36 Hari : Shai, can you pls review Tata coffee, is that long liquidation there?
11:37 Uttam : forming a ‘b’ on monthly looks like Tamo Hari
11:37 Uttam : this week DD down
11:37 Uttam : overlapping value from last 3 weeks
11:37 Uttam : could give a move on Monday, will keep you posted
11:38 Hari : ok thank you, acc. to my classical TA, can spike up 20-25%
11:38 Hari : good to exchange notes ๐Ÿ™‚
11:39 Uttam : then surely we need to get a move above the POC of the monthly ‘b’ it is forming in May
11:39 Uttam : always good to have any interaction with you Hari ๐Ÿ™‚
11:39 Hari : the feelings are mutual ๐Ÿ™‚
11:40 Hari : what is the monthly POC for it?
11:40 Uttam : 180
11:40 Uttam : needs to give a move away from there on Monday
11:40 Uttam : but lets see how it closes tom
11:47 Hari : Uttam, under which channel in slack Suyog posting Vix ranges for settlement?
11:47 Uttam : hypotracker
11:47 Hari : Thanks man
11:48 Uttam : ๐Ÿ™‚ welcome

Order Flow charts dated 30th May

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 (June)


BNF

BNF (June)


Room Chat

10:23 Shai : (10:23) Shai : Intra – Buy BNF 31420 sl of 31330 tgt 31540/ 31600

11:10 Shai : (11:10) Shai : BNF 31473. Part book half here and ride at cost some

11:18 Shai : (11:17) Shai : Uodate Book full the BNF fully 31490

12:44 Shai : (12:44) Shai : Buy 31500 pe at 185 sl of 140 tgt 280

12:57 Shai : (12:57) Shai : Update – reduce risk by booking some puts at 207 cmp . hold some with 180 TSL.


08:56 Amjad : gm shai
08:59 Shai : GM all
09:00 Shai : https://vtrender.in/market-profile-analysis-dated-28th-may/
09:02 Rajesh : GM
09:03 Uttam : Good Morning All ๐Ÿ™‚
09:04 Deepak : GM
09:05 Hiren : good morning all
09:10 Jitender : Gm Folks ๐Ÿ™‚
09:10 AN : GM all
09:12 Govind : GM all
09:13 Himanshu : Good Morning Chief – Uttam- Jit- Deepak- Govind
09:14 Govind : Hi Himanshu
09:14 Deepak : Himanshi – GM
09:14 Sandip : GM All
09:14 Thanika : GM all
09:18 Ashutosh : GM all
09:19 Shai : 11903/ 31480 REF zones for the open
09:19 Shai : bias stays up for intra above these
09:19 MJ : Good morning all.
09:19 MJ : @Shai that 23k bnf is fresh or rolls?
09:20 Shai : looks fresh
09:21 MJ : Thanks.
09:22 Deepak : charts frozen
09:22 Deepak : any problem
09:22 Shai : ?
09:22 Shai : chartts up?
09:23 Govind : Yes
09:23 Amit : working
09:23 Deepak : shai – ok let me reoad
09:23 Deepak : reload
09:24 Shai : doing 31409
09:27 Govind : IT is flying…only thing moving…
09:30 Ashutosh : Shai any update on volatility ?
09:31 Ashutosh : hate this low volatility period
09:31 Shai : lol
09:31 Shai : we have to call another election ๐Ÿ™‚
09:31 Ashutosh : lol
09:31 Govind : ๐Ÿ™‚
09:32 Govind : We may see a spike before the budget…next major event
09:32 Ashutosh : yes
09:32 Ashutosh : any idea on dates ?
09:32 Anubhav null : rbi meet also
09:32 Anubhav null : coming up
09:32 Govind : July 2nd week, I believe
09:33 Ashutosh : its 15min and days range is 18.90 ๐Ÿ™‚
09:33 Uttam : OAIR & low vol start
09:33 Govind : Let it coil Ash, when it uncoils, booom
09:33 Uttam : so far in the 2 day bell
09:34 Ashutosh : 1st 15min vol is 6.6 lakh
09:34 Uttam : lets have a small IB and then do a 4 to 5 IB day ๐Ÿ˜‰
09:34 Govind : +1 to that
09:34 Ashutosh : data from new mplite site
09:34 Ashutosh : +1 uttam
09:38 Himanshu : Hopefully Uttam on upside
09:39 Ashutosh : +1
09:42 Anubhav null : reds stuck?
09:43 Uttam : NF getting sup at 11895 yesterday’s IBL
09:43 Uttam : if that breaks we have a multiday FA at 11965
09:44 Uttam : BNF confirms one below 31425
09:45 Anubhav null : ok
09:46 HPandey : do we have to create new user id for mplite now?
09:46 Suyog : gm guys..
09:47 Amit : yes (09:46) HPandey : do we have to create new user id for mplite now?
09:47 Suyog : yes.. 1 time registration with valid email id..
09:47 HPandey : gm suyog
09:47 HPandey : okkk thanks
09:48 Uttam : 80k green in NF at 11901
09:48 Uttam : roll on the hsort side
09:49 Madhu : 8 Uttam : 80k green in NF at 11901 wt it willindicate sir
09:50 Uttam : dPOC shifting lower by 8 points ๐Ÿ˜‰ in a 23 point range
09:52 Uttam : 11784 & 31125 1atr tagrets to the downside if we stay below 11894 & 31425
09:52 Uttam : 11874 is comp VAH in NF so below that can fall faster
09:53 Govind : Thanks Uttam
09:53 Govind : 11895 defended again
09:53 Uttam : yep for now both in pday value
09:53 MJ : 411 ๐Ÿ™‚ (09:24) Shai : doing 31409
09:55 Anubhav null : greens in nf again
09:55 Anubhav null : coming?11933
09:56 Sandip : I guess slight ping pong till 10.45-11.15
09:57 Uttam : give one good 150-200 point move before expiry Sandip ๐Ÿ˜‰ that is good enough
09:57 Sandip : Then Modi win will be convincing xD !
09:57 Anubhav null : !uttam bought straddles again?
09:58 Uttam : yes Anubhav with today 1:30 as SL
09:59 Shai : was clean below 11480 in that MV for this – (09:24) Shai : doing 31409
09:59 MJ : +1 shai
09:59 Anubhav null : nice
10:00 Shai : yesterday’s late afternoon buyers at 11395-11410
10:00 MJ : 31395-410*
10:00 Uttam : +1 Shai we had green band in that range 31395-1425
10:00 Shai : thanks MJ
10:00 Shai : yes
10:01 Uttam : plus a 40k green at 31370
10:01 MJ : Yes shai was watching that zone ๐Ÿ™‚ got small long in the extreme.
10:01 MJ : Plus your number helped.
10:04 Sandip : We should head a little more down…first
10:07 Sandip : A click to 11870 wud be good for options..
10:09 Uttam : yes 11874-862 test then move up will be nice
10:11 Sandip : nice for option writers mostly..maxx pain moving up around 11850 ๐Ÿ™‚
10:12 Jitender : MJ still long or shrt now ?
10:15 Shai : slow auction at open
10:15 Shai : biased lower in NF now below 11923 as we move thse 11876- 11923 zone of the MB
10:16 Sandip : uttam, that second chart is multi day microbalance?
10:18 MJ : @Jit long.
10:19 Uttam : yes Sandip
10:19 MJ : C dip cometh?
10:20 Sandip : Ty Uttam
10:20 Uttam : blue is the fresh MB
10:20 Jitender : SL MJ ?
10:20 Uttam : yellow are earlier ones
10:20 Sandip : oh ok..got it
10:21 Jitender : 28k green at 400 bnf
10:21 MJ : VAL zone is decision for me Jit.
10:21 MJ : If I want to add one more part or exit the trade based on OF.
10:21 Jitender : do update
10:22 MJ : You don’t need update ๐Ÿ™‚ you give us updates.
10:22 Jitender : i do
10:22 Jitender : luv to see yr calls
10:22 Jitender : btw zee tv has gvn sell call on bnf fr 300
10:22 Jitender : tats the thing in yr fav ๐Ÿ˜‰
10:23 Shai : Intra – Buy BNF 31420 sl of 31330 tgt 31540/ 31600
10:23 Uttam : d) Below 31518, BNF can move lower to 31475-450 & 31385
10:23 Jitender : fresh or rolls ? (10:21) Jitender : 28k green at 400 bnf
10:24 Uttam : BNF low 31386.75
10:24 Shai : fresh
10:24 Jitender : tx
10:24 MJ : Nothing in june.
10:24 Uttam : b) Staying below 11925, the auction can test 11905-890 & 11879-874
10:24 Uttam : NF low 11890
10:24 MJ : Now this is in favour (10:23) Shai : Intra – Buy BNF 31420 sl of 31330 tgt 31540/ 31600
10:24 MJ : ๐Ÿ™‚
10:24 Shai : BNF does not roll mucg till post 2 pm Friday
10:24 Shai : 2pm wed **
10:24 Anubhav null : nice mj
10:25 Himanshu : Wow – have been long around – 415-140
10:25 Himanshu : 440 in BNF – Thanks shai with your call
10:26 Uttam : C side ext in OAIR ๐Ÿ™‚
10:26 Shai : yes
10:26 Shai : risk is 20 more mins
10:26 Uttam : +1
10:26 Shai : but that big RB pushes the matter
10:27 Uttam : and Nf has a 22k red stuck at lows
10:27 Jitender : had punched in 31.4ce at 154 seeing it (10:21) Jitender : 28k green at 400 bnf
10:27 Jitender : gt partial fill only
10:28 Jitender : out at 164
10:29 Uttam : NF looks like is not trading at all today
10:29 Uttam : profile chart almost invisible
10:33 Uttam : both approaching vwap
10:34 MJ : Can we have c lows and highs in same period? for NF?
10:34 Anubhav null : greens r back
10:34 Uttam : you mean C period making new day hgih
10:34 MJ : small range calls for it.
10:34 MJ : Yes uttam.
10:35 Gaurav : or we could stick around to vwap and wait patiently for the big 10L guy to come in at 1 PM ๐Ÿ˜›
10:35 Uttam : 29 point is no big deal Mihir, kuch toofani karo
10:35 MJ : Gaurav ๐Ÿ™‚
10:36 Jitender : Shai…lvls for usdinr pls ?
10:36 Uttam : gap up failing in that Jit?
10:36 Jitender : yh…i thought it was OD
10:36 Uttam : one more reason that BNF could move higher?
10:36 Jitender : with o=l
10:37 Uttam : yes was a drive vwap broke & made new lows
10:37 Jitender : no Uttam..bnf shld be oblivious to it
10:37 Uttam : oh ok I was thinking BNF opened weak cos of USDINR gap up
10:38 Jitender : G sec went to 19 mnth lows yday along with us 10yr
10:38 Jitender : further hammering wud be ironically growth -ve
10:38 Uttam : hmmm
10:38 Jitender : but interest arb funds wud get good inflows
10:39 Jitender : so IT index is nicely poised
10:39 Uttam : yes BOT was busy giving buy in IT companies yesterday
10:41 Uttam : NF has managed to give 2 MBs today in this 28 points range ๐Ÿ™‚
10:42 Uttam : NF confirming FA at 11890?
10:42 Sandip : haah
10:42 Sandip : micro mini balances!
10:42 Uttam : or is this that stuck red at lows getting out here
10:43 Uttam : 22k green at top in 5min
10:44 Uttam : C period done
10:44 Uttam : and thankfully no upside ext in NF in that
10:45 Uttam : else market would get confused which side to break
10:45 Shai : usdinr June F has 70.04 short term day supply where it met sellers today
10:45 Uttam : lets confirm the FA & move higher now
10:45 Shai : below 69,90 can drop more
10:45 Jitender : tx chief
10:46 Shai : 70.08 roughly the number to watch next few days to see if we sustain abv
10:46 MJ : Yes uttam would have been one rare day.
10:46 MJ : c
10:47 Uttam : every day is a rare day Mihir ๐Ÿ˜‰ you never get it again
10:48 Shai : india vix 18-13 range unless the world explodes now won’t cross 18 soon ๐Ÿ™‚
10:49 Uttam : only Trump is capable of making VIx rise now ๐Ÿ˜‰
10:49 Shai : or his friend in Korea ๐Ÿ™‚
10:49 MJ : Zen uttam. ๐Ÿ™‚
10:49 MJ : True words spoken.
10:49 Uttam : he has made friends now in China also Shai ๐Ÿ˜‰
10:50 Uttam : plus in Iran ๐Ÿ˜‰
10:50 MJ : Talking of world exploding, Shai I saw Chernobyl. Do check it out.
10:50 Govind : HBO?
10:50 MJ : Hotstar.
10:50 MJ : Yes hbo series.
10:50 Govind : Oh, will do
10:50 Sandip : its supposed to be very highly rated
10:51 Govind : Waiting for Stranger Things
10:52 Shai : series it is?
10:53 MJ : Yes Shai.
11:06 Himanshu : Boom Boom SHaka laka
11:06 Uttam : FA confirmed
11:06 Himanshu : FA at low you mean Uttam
11:07 Himanshu : 84 Grren
11:07 Himanshu : In NF
11:07 Uttam : yes
11:07 MJ : Green rolls.
11:07 Uttam : Spot has not yet confrimed the FA still
11:08 Sandip : hmmm
11:09 Sandip : a new 90 k
11:09 Sandip : Oi incresase..seems like a new buyer for now
11:10 Uttam : yes Sandip we need new players to move this
11:10 Shai : BNF 31473. Part book half here and ride at cost some
11:10 Uttam : nice one Shai ๐Ÿ™‚
11:11 Uttam : C side ext working well once more
11:11 Shai : yes + OF
11:11 Uttam : yep
11:11 Shai : our big guy is still there – he is not liquidated
11:11 Uttam : (10:26) Uttam : C side ext in OAIR ๐Ÿ™‚
11:11 Uttam : that 31k fellow at 31400?
11:12 Uttam : 11932 is 1.5 IB
11:13 Shai : 31420
11:15 Uttam : spot needs to get above 11930
11:17 Uttam : (11:12) Uttam : 11932 is 1.5 IB…done
11:17 Uttam : 11945 2 ib
11:17 Shai : Uodate Book full the BNF fully 31490
11:18 Uttam : 11940 is the VAH of the 2 day bell so if we move away from there NF could continue to rise
11:18 Uttam : +100 Shai
11:18 Shai : was an easy trade this
11:18 MJ : +1 Shai
11:18 Shai : struggle begin at 31500
11:18 MJ : Just like yest.
11:18 Shai : we will review if stable abv 31500
11:19 Uttam : spot also confirms FA at lows
11:19 MJ : Kept small pos with vwap tsl.
11:19 MJ : @Jit booked with bossman.
11:20 Sandip : Mj
11:20 Thanika : @Uttam: Let me know when you book your 11900 MAY straddle. i am holdin some too ๐Ÿ™‚
11:20 Sandip : That 90 k guy is there in June as well?
11:20 MJ : Yes Sandip
11:20 Sandip : in NF
11:20 Uttam : BNF that morning buyer booking out looks like in part
11:20 Uttam : 14k red in 30mins
11:21 Uttam : @Thanika that straddle will need to get above 110 as first signal
11:21 MJ : @Uttam 5 min doesn’t show that red.
11:21 Uttam : will review at 1:30 as expiry tom so premium will fall faster
11:21 MJ : at 488 levels.
11:22 Thanika : oh ok..cool.. will wait. (11:21) Uttam : @Thanika that straddle will need to get above 110 as first signal
11:23 Uttam : trifecta greens in NF inder pressure?
11:23 Sandip : Thx Mj
11:24 Uttam : testing that 90k buyer here NF
11:28 Jitender : +100 (11:18) Shai : was an easy trade this
11:30 MJ : 65k Rolls to Green in June.
11:36 Anubhav null : can we tag 11960?
11:40 Uttam : acceptance above 11940 needed in NF
11:41 Uttam : in spot too
11:41 Anubhav null : ok
11:41 Anubhav null : so till then sell on rise mode?
11:42 Uttam : PLR is up as we have a FA at lows & have been above vwap
11:42 Anubhav null : got it
11:43 Uttam : but yes if we get RS at 11940 then can continue to balance in this 2 day bell
11:44 Uttam : spot one tag to 11960 can come today to repair the poor highs
11:45 Anubhav null : n for that vwap needs to hold
11:51 Jitender : 2x done…on low vols
11:51 Jitender : time fr a cuppa
11:51 Sandip : nice 1 Jitender
11:51 Jitender : tx bro
11:55 Jitender : Az wud b enjoyn today ๐Ÿ™‚
11:55 Thanika : +1 Jit
11:56 MJ : Classic AZ day.
11:56 MJ : He trades ping pong days so well.
11:58 Uttam : 30k red below vwap in NF
11:58 Uttam : those greens above vwap exiting looks like
11:58 Uttam : probable FA at hgihs too
11:58 Uttam : but NF will have to move away from this range
11:58 Uttam : 11900 straddle for now going downhill
11:59 Uttam : 91
11:59 Jitender : cheers (11:55) Thanika : +1 Jit
11:59 Jitender : ys Uttam…enjoyn it
11:59 Hari : Nice Jit
11:59 Uttam : super Jit
11:59 Jitender : tx guys
11:59 Suren : Congrats Jit. You have been consistent in your DT achievements
12:00 MJ : 14k green looks like first rolls in bnf.
12:02 Jitender : Suren…daily labour
12:02 Jitender : pick yr enteries….
12:02 Jitender : as we discussed
12:03 Jitender : tat 28k was a good entry….
12:03 Jitender : shld have gvn u 1DT atleast
12:03 Uttam : yes Jit years of hard work gives this magic touch ๐Ÿ™‚
12:04 Jitender : n yr n VT support
12:04 Uttam : _/\_
12:06 Uttam : that 1L red here is a roll
12:07 Uttam : on 30mins
12:07 Uttam : green roll
12:08 Himanshu : jit – Uttam – 31540 is coming ?
12:08 Himanshu : in BNF – what is your obervation says ?
12:09 Suren : Jitender : tat 28k was a good entry….NF?
12:09 Manish : uttam, how do you identify a roll vs a fresh from OF chart ?
12:09 Uttam : compare May & Jun OF
12:10 Thanika : that is awesome! (12:09) Uttam : compare May & Jun OF
12:10 Manish : ook. so you can identify only after June OF becomes available ?
12:10 Uttam : it is there on GoToMeeting
12:11 Manish : i mean only towards end of the month when the next month is available.
12:11 Uttam : we do not need it before that as very less volumes
12:11 Himanshu : boooom
12:11 Himanshu : Jit pls call BNF up to 31540
12:11 Himanshu : then will exit promise u
12:11 Manish : ok. thnx uttam
12:12 Uttam : in fact BNF still does not has much vols in June
12:13 Thanika : :-)) (12:11) Himanshu : then will exit promise u
12:13 Jitender : mkts back at LLT lvl ๐Ÿ™‚
12:16 Hari : What does that mean Jit
12:16 Jitender : Hari rangebound so far bet 400 & 500
12:17 Jitender : prem being eaten
12:17 Hari : ok
12:18 Hari : Charts lagging for anyone?
12:19 Jitender : nt at my end
12:29 Arjun : lagging now for me too
12:29 Arjun : guess its poor net connection if its fine for most others
12:30 Uttam : NF & BNF looks like have confused expiry to be today
12:31 Uttam : do wish we do not have another one like this tom too ;-p
12:31 Uttam : Spot has a FA at both ends now ๐Ÿ˜‰
12:32 Hari : Rotational markets has this habit of doing FA on either sides frequently
12:34 Hari : one touch of 12k today shall be nice ๐Ÿ™‚
12:34 Uttam : very rare HAri FA on both sides on same day
12:34 Uttam : in Spot
12:34 Uttam : but today’s range is so small
12:34 Uttam : so its not a surprise
12:35 Hari : zero premium in NF is zero
12:35 Hari : MO also started to cool down
12:36 Uttam : Spot has tagged both VAH & VAL of the 2 day bell so next tag could start a move away till tomorrow’s expiry
12:38 Jitender : yup…11820/31200 mayb ๐Ÿ˜‰
12:39 Jitender : or 12k/30700 abv 11935/31540
12:39 Uttam : bring it on Jit, kuch to move lao
12:39 Jitender : k
12:39 Jitender : though my m/c is in prem eatn mode fr another 10mins
12:40 Sandip : m/c?
12:40 Jitender : positions
12:40 Uttam : you going to cover that straddle now Jit?
12:41 Sandip : cool
12:41 Jitender : yup
12:41 Uttam : super then may be we could have a move ;-p
12:41 Jitender : review at 1.40 fr tem
12:42 Uttam : same here for those straddles
12:42 Jitender : +1
12:42 Jitender : swearing in is 2mrw
12:42 Uttam : yep FM ka pataa chal jaaye ๐Ÿ˜‰ to BC UC karwa de ๐Ÿ˜‰
12:43 Jitender : yh
12:43 Jitender : jetli will surprise the mkts
12:43 Uttam : he always does thoguh on the shorter side
12:43 Jitender : just touched 2.89x
12:44 Uttam : super +1 congrats
12:44 Jitender : tx brah
12:44 Uttam : 39k green at new lows
12:44 Shai : Buy 31500 pe at 185 sl of 140 tgt 280
12:45 Shai : BNf weakened
12:45 Shai : can slide to 31240
12:46 Jitender : bdown
12:46 Shai : usdinr day highs
12:46 Jitender : c the timing timing Uttam
12:46 Jitender : yesssss(12:46) Shai : usdinr day highs
12:46 Jitender : n chck Maruuuti
12:47 Uttam : (10:54) Uttam : Maruti looks weak Shai, can do 6800?
12:47 Shai : big sellers from yesterday
12:47 Shai : yes Uttam has been pointing
12:47 Shai : what is the buzz?
12:47 Jitender : (12:46) Jitender : c the timing Uttam (12:40) Uttam : you going to cover that straddle now Jit?
12:47 Uttam : _/\_
12:47 Jitender : +1 Uttam fr Maruti
12:47 Jitender : ttok shrts today after Bhargava’s statement
12:48 Uttam : oh ok he did make it is, did know that but charts & BOT said to short ๐Ÿ˜‰
12:48 Himanshu : Uttam – BNF spot FA confirm now
12:48 Himanshu : or low for the day
12:48 Jitender : charts n BOT always know beforehand (12:48) Uttam : oh ok he did make it is, did know that but charts & BOT said to short ๐Ÿ˜‰
12:48 Uttam : BNF no FA today Himanshu, but yesterday’s hgih is a multiday FA
12:48 Uttam : yes Jit…satyavachan
12:49 Shai : cross 220 in the PE and it gets added life
12:49 Uttam : 11874-862 imp zone for NF
12:49 Uttam : below that can tag 11833
12:49 Uttam : now Tamo giving a sell
12:50 Uttam : shorts covering in May NF
12:51 Uttam : (10:24) Uttam : b) Staying below 11925, the auction can test 11905-890 & 11879-874
12:51 Sandip : im 50 % out at 11880..looking for rest at 11850-11865
12:51 Uttam : NF low 11876
12:53 Uttam : (09:52) Uttam : 11874 is comp VAH in NF so below that can fall faster(10:09) Uttam : yes 11874-862 test then move up will be nice
12:54 Uttam : 11900pe OI dropping
12:55 Hari : Series NF vwap at 11788 Uttam?
12:56 Uttam : Shai will have to confirm that Hari
12:56 Sandip : noice
12:57 Jitender : chalo..3x done
12:57 Shai : 11580- (12:55) Hari : Series NF vwap at 11788 Uttam?
12:57 Jitender : time fr a small cuppa
12:57 Shai : 218- (12:49) Shai : cross 220 in the PE and it gets added life
12:57 Sandip : all out at 11875
12:57 Jitender : congo Sandip
12:57 Hari : Thanks Shai, settlement at 10650 spot possible?
12:57 Sandip : that third LLT isnt to good for a further down move
12:57 Shai : Update – reduce risk by booking some puts at 207 cmp . hold some with 180 TSL.
12:58 Uttam : yes 53k green at lows
12:58 Uttam : May shorts covered looks like
13:00 Sandip : Spot seemed to be heading down :)..40 pts in for now ๐Ÿ™‚ (10:07) Sandip : A click to 11870 wud be good for options..(10:11) Sandip : nice for option writers mostly..maxx pain moving up around 11850 ๐Ÿ™‚
13:01 Shai : exit the balance qty in the PE’s
13:01 MJ : Nice trade sandip.
13:01 MJ : Cheers!
13:02 Sandip : This last 52k looks like a new guy..but lets see
13:02 Sandip : Ty Mj
13:02 Sandip : +1 Jitender and Uttam also ๐Ÿ™‚
13:04 Sandip : 2 40 k guys?
13:04 MJ : Yes 878 and 870 odd levels.
13:09 Sandip : I mean are they roll overs?
13:10 MJ : 43k guy is a roll.
13:10 Sandip : because OI wise im not sure..the order could be split..one short cover, one buy
13:11 Sandip : Thx Mj
13:13 Anubhav : 11830 coming?
13:14 Hiren : 11860 is strong base
13:14 Shai : BNf is weird here
13:15 Anubhav : rb in nf
13:16 Jitender : breakn news
13:16 Uttam : day COT from -1.7L to positive now
13:17 Jitender : jetli will nt becum a minister\
13:17 Jitender : cvr yr shrts
13:17 Uttam : lol
13:17 Jitender : ๐Ÿ™‚
13:18 Sandip : ๐Ÿ™‚
13:18 Sandip : 30 k guys look to be new buyers as well
13:19 Sandip : defence at 11860 seems quite strong..I was expecting some stoplosses to be hit, did not happen…
13:20 Shubro : ok now make it zoom !
13:20 Shubro : or maybe wait till 2
13:20 Sandip : bought some at 11875..lets go vwap ++
13:22 MJ : 3ib 11843ish.
13:22 Uttam : 5 IB min on a day like htis MJ
13:22 Sandip : ill keep second buy arnd 11845
13:22 Sandip : nice lebel Mj ๐Ÿ™‚
13:22 MJ : Yes Uttam.
13:23 MJ : In mp charts of suyog ๐Ÿ™‚
13:23 Hiren : be lighter in long.. as us future is down 167 pts
13:25 Uttam : 11754 is 1atr from today’s FA at top
13:25 Anubhav : darao mat!
13:25 Uttam : 11856 is the singles
13:25 Uttam : below that 11833 level to watch
13:25 Jitender : cmon bnf
13:25 Uttam : these 2 taken out then could do that 1atr today
13:27 MJ : 52k Greens of May rolled to Green of June.
13:28 Jitender : Latha says even Amit Shah in reckoning
13:28 Uttam : for FM???
13:28 Anubhav : lolol
13:28 Jitender : yh
13:28 Uttam : no wonder market is falling ๐Ÿ˜‰
13:28 Shubro : why not hes got all the money ๐Ÿ˜›
13:28 Anubhav : amit shah ko defence bana do
13:28 Anubhav : suits his persona
13:29 Jitender : he will get Home
13:29 Uttam : but that guy has some good exposure in markets, quite a big protfolio
13:30 Shubro : BNF will go go…
13:30 Jitender : zee also brkn the same nw (13:28) Jitender : Latha says even Amit Shah in reckoning
13:30 AN : Jit you long now ?
13:32 Jitender : 31.3ce 194-215 1/3rd book
13:32 Jitender : 225 i/2 book
13:32 AN : grt thx
13:33 Psandeep : wow
13:33 Jitender : 245..another half book
13:33 Anubhav : boom
13:33 Jitender : 25% left now
13:33 Jitender : kya bola (13:25) Jitender : cmon bnf
13:34 Shubro : NF a little more to go
13:34 AN : 31.4ce 140 to 180 thx jit.
13:34 Jitender : (13:17) Jitender : cvr yr shrts
13:34 MJ : Sandip ๐Ÿ™‚ Lets get that vwap++
13:34 MJ : Nice updates jit.
13:34 MJ : Cheers!
13:34 Sandip : lets hope so ๐Ÿ™‚
13:35 Anubhav : next leg up in nf above ibl
13:35 Jitender : happy to help
13:36 MJ : Do you specifically see something for Sd2 sd3 levels Jit?
13:36 Anubhav : 10 more points push
13:37 Uttam : BNF stops OTF down
13:37 Uttam : NF seems to follow
13:37 Sandip : okay…
13:37 Uttam : lets see if this I period will be a pull back high in BNF or a reversal
13:37 Jitender : 250 all out
13:37 Sandip : “jaitlet requests PM to not make him part of new cabinet”
13:38 Sandip : .
13:38 Anubhav : bnf will go crazy above yvwap 31510
13:38 Jitender : Sandip broke it at (13:17) Jitender : jetli will nt becum a minister\
13:39 Jitender : 31.3 ce 194-250..one good TV trade
13:39 Anubhav : ๐Ÿ˜€
13:39 MJ : Your trades are SD traders delight. Jit ๐Ÿ™‚
13:39 Jitender : k
13:40 MJ : Hence asked.
13:40 Jitender : m also a delight
13:40 Jitender : ๐Ÿ™‚
13:40 MJ : ๐Ÿ™‚
13:40 Uttam : no doubt abt that Jit ๐Ÿ™‚
13:41 Jitender : _/\_
13:42 Anubhav : redssss
13:42 Anubhav : jit went short
13:43 Shubro : reversing direction again
13:43 Jitender : nope Anubhav
13:43 Shubro : 11900 is good resistace\
13:44 Jitender : Maruuti …lovn it
13:44 Jitender : just tat pos…rest all sq
13:45 Uttam : had my eyes at jun7000pe but did not trade
13:45 Uttam : nice one Jit
13:45 Jitender : tx
13:46 Anubhav : how bout 11830 tag now?
13:46 Uttam : (13:37) Uttam : lets see if this I period will be a pull back high in BNF or a reversal
13:46 Anubhav : too many longs in system will break 11860
13:46 Shubro : long momentum gone
13:48 Anubhav : hmm last hope is this candle
13:48 Uttam : 11904 tag coming in NF
13:48 Uttam : ?
13:49 Shubro : trying hard here….cmon NF score
13:50 Uttam : all 3 results possible here ๐Ÿ˜‰
13:50 Shubro : exactly Uttam haha
13:50 Shubro : have to be quick
13:50 Uttam : NF unable to get into the 2day comp
13:50 Anubhav : ๐Ÿ™
13:51 Uttam : but J needs to make lower low for downside confirmation
13:51 Jitender : wats yr entry Anubhav ?
13:51 Anubhav : i have a call ratio for this exp 11900-12000
13:52 Jitender : k
13:52 Jitender : dont wrry ten
13:52 Anubhav : 20 points debit
13:52 Anubhav : yeah postional
13:52 Anubhav : 1 day left
13:53 Jitender : adjust below 860 only spot
13:53 Sandip : There are too many longs in the system….but NF shud have moved to 11910 atleast to break peoples stoplosses..one
13:54 Anubhav : thnx
13:54 Shubro : i think retest of 11870 coming and then to be seen
13:55 Sandip : possible Shubro
13:56 Shubro : fight on
13:57 Uttam : J so far inside bar with 17min to go
13:58 Shubro : 830 on cards
13:59 Jitender : no
13:59 Anubhav : 1 more attempt
14:00 Jitender : nt yet Shubro
14:00 Shubro : ko
14:00 Shubro : ok
14:01 Anubhav : big orders both ways
14:01 Shubro : yeah
14:02 Shubro : 28500 at 880 holding this
14:03 Shubro : and looks like action as usual last hour
14:05 Govind : BNF volumes are so low in the last candle
14:06 Shubro : shee fourfecta
14:08 Shubro : will the bhais go in or come out of water today
14:08 Shubro : ?
14:08 Rushabh : like you said uttam trending expiry for sure!
14:09 Sandip : bnf already at vwap
14:10 Shubro : ok this better be a strong candle
14:11 Anubhav : TUG of war
14:14 Shubro : ok boom boom time coming
14:15 Shubro : cmon NF cross 11900
14:15 Sandip : cmon NF 15 more pts
14:15 Sandip : hahaha
14:15 Shubro : inchworm moves
14:16 Shubro : IBL also so slow to cross
14:17 Anubhav : trapping longs i think
14:18 Anubhav : nahi to abt takvwap toot jaata nf ka upside pe
14:18 Jitender : prem eatn happn
14:18 Uttam : good chance of a spike today Jit?
14:18 Jitender : vol spike will change things
14:18 Uttam : too much of coilin
14:19 Anubhav : yeah its best buy straddle now
14:19 Anubhav : done with guessing n hoping..lol
14:19 Jitender : ys Uttam…
14:20 Jitender : but looks similar to yday ๐Ÿ™‚
14:20 Shubro : precisely Jit almost similar day
14:20 Rushabh : uttam breakout range?
14:21 Shubro : one extra swing move yesterday
14:21 Jitender : 31.3ce 200-216 scaped
14:21 Jitender : bdown
14:21 Uttam : gone now
14:23 Sandip : ok touches 11860..nice
14:23 Anubhav : global news is neagtive
14:23 Anubhav : snp fut down at 2787
14:23 Jitender : yh
14:24 Shubro : 850 next?
14:25 Jitender : 870 key
14:25 Rushabh : Jit is there any breakout range?
14:25 Jitender : below 860 Rushabh
14:25 Uttam : fake break down?
14:26 Uttam : we are forming overlapping Value Rushabh
14:26 Sandip : more like stoplosses hit
14:26 Uttam : the 2day bell is now 3day bell
14:26 Sandip : Like Jitender said..below11860 will be the proper test
14:26 Uttam : option writers making a nice kill
14:26 Uttam : 130 to 80 now that 11900 combo from yesterday close
14:29 Rushabh : uttam VAH and VAL of the three day?
14:29 Uttam : 28k green back in BNF Jit
14:30 Uttam : at 31350
14:30 Shubro : 860 defended?
14:30 Uttam : lets see how we close today Rushabh will update it in today’s report
14:30 Rushabh : expect a trend move on either side right Uttam?
14:31 Uttam : for now 11889-11910-11397
14:31 Shubro : ek attempt at day open to banta hai
14:31 Uttam : tom expiry guys so move could come on Friday
14:31 Uttam : so better to trade in fut or June options if playing for a move
14:31 Uttam : today’s close can leave a hint though
14:31 Rushabh : uttam where does 1atr stand above and below?
14:32 Gaurav : also, if trading next week, then note it is also 4 days coz od id
14:34 Shubro : Jit 3:05 then?
14:36 Jitender : now only
14:36 Shubro : hmm
14:39 Govind : now
14:39 Shubro : bhais inw ater
14:40 Jitender : ns at yday low
14:41 Govind : No volume spurt Shubro
14:41 Shubro : yep
14:41 Sandip : im waiting for Uttams 2.45 time zone
14:43 Jitender : congo Shubro
14:44 Jitender : u gt yr levels
14:44 Shubro : thanks Jit
14:44 Sandip : +1 Shubhro
14:44 Jitender : buyn here with small sl
14:44 Shubro : hey Sandip thanks
14:45 Uttam : +1 Jit no spike looks like
14:45 Jitender : hopefully ๐Ÿ™‚
14:45 Uttam : 11855 defended
14:46 Hari : Uttam, grinding below IBL
14:47 Hari : more to come ๐Ÿ™‚
14:47 Shubro : 11830
14:48 Shubro : need a spurt to IBL to short
14:48 Shubro : bhais might go deeper into water
14:49 Shubro : nno vols
14:49 Uttam : +1 Hari
14:50 Anubhav : aya re rb thoda
14:50 Uttam : 70k green in NF
14:50 Uttam : 11850
14:51 Shubro : badiya badiya
14:51 Shubro : this guy hero man
14:52 Hari : can be a rollover
14:52 Govind : make or break
14:52 Shai : BNF for 31240/ 31140
14:52 Shubro : looks like
14:52 Govind : looks fresh
14:52 Uttam : 11833-830
14:52 Hari : 812 possible sl 8262
14:52 Shai : could be a spike close
14:53 Uttam : yes Shai a little late it came
14:53 Jitender : Sl hit
14:54 Shubro : 11830 aa gay
14:54 Jitender : +100
14:54 Shubro : notty notty bhais
14:54 Uttam : 3 IB done in NF
14:54 Shubro : abhi upar
14:55 Sandip : N1 Shubro
14:55 Jitender : haan SL to hit ho gaya..to upar hi jayega ๐Ÿ™‚
14:55 Shubro : hehehehe
14:55 Uttam : lol Jit
14:56 Jitender : spx -22
14:56 Uttam : had put 42 SL for that 11900pe on chart showing 42.3 low but order got executed and now 69
14:56 MJ : Sandip 845 fill or waiting?
14:56 Shubro : IBL
14:56 Shubro : sorry VAL
14:57 Sandip : Activated….now looking at 11890 only..(13:20) Sandip : bought some at 11875..lets go vwap ++
14:57 Sandip : the second buy at 840
14:57 MJ : Awesome Sandip.
14:57 Sandip : Shubro plz pull the bhains out now
14:57 Shubro : hain towelling
14:58 Uttam : (12:54) Uttam : 11900pe OI dropping …from 29L now down to 18.5L
14:58 Shubro : putting bell around neck
14:58 MJ : Mb calling.
14:58 Jitender : bck at my buy prices
14:58 Uttam : not giving a spike
14:58 Shubro : 3 day range intafct so far
14:59 Shubro : ab jayega ye
14:59 Uttam : close at POC?
14:59 Shubro : fire in bum
15:00 Shubro : 11890 karo i am out
15:00 Sandip : same here
15:01 MJ : Yetos Shubro Yetos!
15:01 Sandip : are charts lagging?
15:01 Shubro : 1 more pit stop
15:01 Amit : go north plz..
15:01 Shubro : 11870
15:02 Shubro : looks like looking at clock this bhais 3:05 bbaju che
15:02 Jitender : bhai log…choose entry…ten tgt & Sl…y ‘hope’ man
15:02 Jitender : no hope or prayer in tradn
15:02 Jitender : tat causes losses
15:02 MJ : Bhains has waterproof watch shubro.
15:02 Shubro : no hope only price actionand volumes
15:02 MJ : When hope manages trade know that it is already wrong.
15:03 Shubro : keep emotion aside go by data….btw i am out
15:03 Jitender : i said hopefully & SL got hit..perfect example
15:03 Jitender : ๐Ÿ™‚
15:03 Shubro : 11860 resishting
15:04 Amit : true words jit ๐Ÿ™‚
15:04 Shubro : do tho beer ka paisha ban gaya
15:05 Shubro : chicken i think kal ya friday
15:05 Rajiv : No 3.05 move today?
15:05 Shubro : see didnt happen got out
15:05 Shubro : no hopes
15:06 Sandip : The 1800 CE also lost 6-8 pt premium in this upmove
15:06 Shubro : this can crash
15:06 MJ : Entry at MB got sharp rejection.
15:07 Sandip : 11800CE srry
15:07 Shubro : BNF rolls or buys?
15:08 Shubro : sorry thot that was 76k
15:09 Shubro : we might get a 3:15 move ๐Ÿ™‚
15:11 Sandip : im still holding my longs for 11880-11890…sl 11830
15:11 Shai : looks like 3 day range will hold for tom as well
15:11 Shubro : small put only carrying 11800 PE Jun 6
15:12 Shubro : seller not doing that great a job
15:12 Sandip : The OI at bottom in NF is good..so atleast vwap toh banta hai
15:12 Shai : 11806-11830- 11960 range for tom
15:12 Shubro : but its below VA and at 2 day tails
15:12 Shai : 3 day composite
15:12 Shai : larger view is still balance
15:13 Shubro : yup Shai
15:14 Shubro : option writers market
15:14 MJ : Going for dval+ close?
15:14 MJ : Too late this is leaving.
15:15 Shubro : MJ ma boy time for that cup of high tea
15:15 Shubro : allright guys take it easy see all of ya bhais lovers tomorrow
15:15 Shubro : ๐Ÿ™‚
15:15 Govind : Bye
15:16 MJ : Haha! Cheers Shubro.
15:16 Sandip : bye
15:16 MJ : Imma out too. Wonderful day.
15:16 MJ : Bye everyone.
15:16 Arjun : @JIT close above 11860 in spot means the bulls still have a chance right ?
15:18 Jitender : ys
15:18 Jitender : but spx is a maverick
15:19 Jitender : as Shai said in range
15:19 Arjun : _/\_
15:20 Jitender : endn day with 3.3…lost 0.8xDT in the last trade
15:20 Govind : +1 Jit
15:21 Jitender : Shubro…good conviction…keep it up man
15:21 Jitender : tx Govind
15:22 Govind : JIt, been going thru your learning strategies compilation file. Great work man. Thanks a lot and to others as well.
15:22 Govind : So many live discussions there…so valuable
15:22 Jitender : +1
15:24 Suren : 15:22 Govind : JIt, been going thru your learning strategies compilation file. Great work man. Thanks a lot and to others as well… Where is it available?
15:25 Govind : Slack, under learning strategies
15:26 Sandip : out at 11868…slight profit in the averaged trade..bud had more hopes for vwap atleast
15:26 Jitender : bye all
15:26 Sandip : lets see tomorrow….bye guys
15:26 Shai : Meanwhile jostling for the FM post increasing
15:26 Shai : could be an eventful evening
15:26 Suren : 5:25 Govind : Slack, under learning strategies file name?
15:26 Shai : Dr Swamy wants it also ๐Ÿ™‚
15:27 Govind : https://vtrender.slack.com/files/U0FTEQA4X/FE1AYJUD6/learnings-strategies.html
15:27 AN : Bye all. Thx everyone.
15:27 Uttam : Piyush Goyal should be made FM
15:27 Uttam : he seems best for it
15:27 Hari : Uttam, dpoc still at 11900?
15:27 Govind : Dr. Swamy is to be the disruptor-in-chief for Tamil Nadu politics
15:28 Suren : 15:26 Suren : 5:25 Govind : Slack, under learning strategies… file name?
15:28 Govind : Suren, link is above
15:29 Uttam : yes Hari
15:29 Uttam : but another hvn at 11885
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Uttam : thanks All ๐Ÿ™‚ have a lovely evening
15:29 Thanika : bye all
15:30 Suren : Thanks Govind. Will check
15:30 Suren : Bye all
15:30 Himanshu : bye all
15:30 Anubhav : BYE


08:57 Amjad : shai ur view on bank of baroda
10:54 Uttam : Maruti looks weak Shai, can do 6800?
10:57 Rajendra : @Shai your view on Sail Please
10:59 Rajendra : @Shai your view also on Vedl Please, yesterday in last 30mts nearly 4 cr volume and delivery % was 79%
11:03 Shai : bob weak towrds 135 intra
11:03 Shai : supply is heavy at 140/ 141
11:05 Shai : Maruti no new buying but 6900 may supp
11:06 Shai : sail 51.7 is a good supp in cash should boiunce back to 54
11:06 Uttam : thanks Shai so Maruti weak only below 6900?
12:05 MJ : Shai do you have OF for Cash stock called Welspun Enterprise?
12:06 MJ : Wanted a longer term view from you.
12:06 MJ : Thanks.
14:35 Rajiv : Shai any view on ITC?
14:37 Rajendra : @Shai your view also on Vedl

Order Flow charts dated 29th May

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

NF (June)


BNF

BNF (June)


Room Chat

09:15 Shai : (09:15) Shai : Update- Book fully the BNF positional trade at 31625

10:03 Shai : (10:03) Shai : Intra – Buy BNF 31525 sl of 31430 tgt 31650.

10:13 Shai : (10:13) Shai : Update – Make exit in the BNF long trade

10:56 Shai : (10:56) Shai : Intra- Buy BNF again 31510 and at 31470 ( if it comes) in 2 parts. Sl of 31265 for the trade. Tgt 31680.

10:57 Shai : (10:57) Shai : SL 31365 **

11:58 Shai : (11:58) Shai : Intra – Buy a 11900 PE at 62 sl of 42. tgt will update

12:32 Shai : (12:32) Shai : Uodate – BNF at 31490 near our cost. we are exiting here both legs

12:45 Shai : (12:45) Shai : tgt 1 is 82 tgt 2 is 105- (11:58) Shai : Intra – Buy a 11900 PE at 62 sl of 42. tgt will update

12:47 Shai : (12:47) Shai : Book 50%25 of the PE at 78 here

12:54 Shai : (12:54) Shai : Book out the PE at 70.

14:36 Shai : (14:36) Shai : Inttra- Buy NF 11880 sl of 11853 tgt 11912

14:45 Shai : (14:45) Shai : NF 11905. Book half


09:00 Shai : Gm all
09:01 Shai : https://vtrender.in/market-profile-analysis-dated-27th-may/
09:01 Deepak : GM
09:01 Chandrashekhar : GM all
09:02 Thanika : GM all
09:03 Seema : GM…._/|_
09:04 Shai : Expected open auction in the thick value area of yesterday
09:04 Shai : 11960- 11895 zone to watch
09:09 Jitender : Gm Folks ๐Ÿ™‚
09:09 Himanshu : Good Morning Chief – Jit and all
09:10 Govind : GM all
09:12 Sandip : GM ALl
09:12 Uttam : Good Morning All ๐Ÿ™‚
09:12 Amit : GM all
09:14 AN : GM all
09:15 Uttam : freak OH in NF, no vols there
09:15 Shai : Update- Book fully the BNF positional trade at 31625
09:16 Psandeep : Gm All
09:17 Uttam : NF going to test the OH looks like
09:22 Uttam : 11920 & 31620 immd sup in both for now
09:24 Abbas : Gm all
09:25 Amjad : gm all
09:25 Rahul Desai : GM All
09:26 Shai : one test of 11960 due
09:26 Uttam : +1 Shai
09:26 Uttam : (09:17) Uttam : NF going to test the OH looks like
09:28 Shai : 70 is the res in the 11950 call
09:28 Shai : I’ll be a buyer abv 70 for 105
09:29 Uttam : some late greens getting stuck in NF
09:29 Suyog : gm all..
09:30 Suyog : guys, there are some ongoing issues with mplite, mainly as i am migrating everything to a new server.. the options data has been put off temporarily and the futures data might appear slow.. hoping to resolve this issue soon.. please bear, till then.. thanks..
09:31 Govind : Thanks Suyog.
09:31 Uttam : sure Suyog & thanks for the update ๐Ÿ™‚ +1
09:32 Uttam : those stuck greens at top getting out here?
09:32 Uttam : 21k red
09:34 Uttam : BNF looks like an ORR thoguh vols not that great
09:34 Jitender : Sugog…bear or bull ๐Ÿ™‚
09:34 Jitender : Suyog
09:35 Suyog : lol.. i was expecting this comment ๐Ÿ™‚ just some coincidence ๐Ÿ˜‰
09:35 Jitender : ๐Ÿ™‚
09:35 Thanika : Now Jit is “bull”ying Suyog! ๐Ÿ™‚
09:36 Jitender : not possible…we need mplite ๐Ÿ™‚
09:36 Thanika : haha.. yes! ๐Ÿ™‚
09:36 Thanika : VIX rising
09:36 Uttam : all 4 giving almost OH starts today
09:38 Suyog : sure Jit.. just a temporary glitch i hope.. ๐Ÿ™‚
09:39 Uttam : 1.8L green
09:39 Uttam : just 1L sorry
09:40 Uttam : 30min showing 1L red also
09:40 Uttam : but not there on 5
09:40 Uttam : 98k
09:43 Thanika : looks like more downside? my straddles are showing huge PE gain!
09:45 Shubro : Shai short?
09:45 Shubro : GM all
09:45 Thanika : long.. expecting big moves. in June & july series
09:45 Thanika : and scalping gamma
09:45 Jitender : +1 (09:38) Suyog : sure Jit.. just a temporary glitch i hope.. ๐Ÿ™‚
09:46 Anubhav null : bnf bounced from ywvap
09:50 Anubhav null : nice
09:51 Jitender : 1.97x done
09:51 Uttam : b) Staying below 11933, the auction has minor support at 11912 below which it can test 11892 & 11874-862…NF low 11894
09:51 Uttam : b) Immediate support is at 31580 below which the auction can test 31515 & 31450
09:51 Anubhav null : gr8
09:51 Uttam : (09:51) Jitender : 1.97x done…congrats Jit first dip to be bought?
09:52 Jitender : shrtrd n ten bought at 470
09:52 Uttam : 11912 was hvn yesterday and today vols building thre
09:52 Jitender : took off shrts at 500…else wud have been more
09:52 Uttam : cool
09:53 Jitender : 31.6pe avg buy was 192
09:53 Thanika : +1 Jit!
09:53 Boppanna : +1 Jit ..same trade
09:53 Uttam : nice Bops
09:53 Jitender : tx guys N congo BoP
09:54 Boppanna : got out at 480 but not dare devil enough to buy at 470 ๐Ÿ™‚
09:55 Jitender : yday buy tails were at 450
09:55 Jitender : 480 it stalled
09:55 Uttam : 46k green in NF stalled this bounce
09:56 Boppanna : Thx Uttam traded ur hypos nothing else
09:56 Jitender : so one bounce was due
09:56 Anubhav null : e,pected11870
09:57 Anubhav null : might come next
09:57 Uttam : yes we have A period singles at top so if that stays PLR for day is down
09:58 Uttam : BNF also yesterday profle below 31450 can test 31380
09:58 Jitender : yup
09:59 Uttam : staying below 11933 & 31580 not good
09:59 Uttam : for upsides
10:03 Shai : Intra – Buy BNF 31525 sl of 31430 tgt 31650.
10:11 Shai : late IB break
10:12 Uttam : C side ext will be nice Shai ๐Ÿ˜‰
10:12 Uttam : BNF low 31451.85
10:12 Himanshu : C side will be up you mean Uttam
10:12 Uttam : b) Immediate support is at 31580 below which the auction can test 31515 & 31450
10:13 Uttam : 31450 gone
10:13 Shai : Update – Make exit in the BNF long trade
10:13 Uttam : 15k green at 31440
10:13 Shai : headed to 11380
10:14 Uttam : +1 Shai
10:14 Uttam : (09:58) Uttam : BNF also yesterday profle below 31450 can test 31380
10:15 Shai : yes
10:15 Uttam : (09:57) Uttam : yes we have A period singles at top so if that stays PLR for day is down(09:58) Uttam : BNF also yesterday profle below 31450 can test 31380(09:59) Uttam : staying below 11933 & 31580 not good
10:16 Uttam : lets see if this C side ext gets rejected
10:17 Himanshu : think rejected
10:17 Himanshu : greens in NF
10:19 Gaurav : lows aren’t secure, beware
10:22 Uttam : 45k green in NF
10:22 Uttam : needs to get above 11912 & sustain
10:26 Jitender : 424-484 scalped yday 1pm buyr
10:27 Uttam : some good greens here in NF
10:27 Uttam : IB at VWAP?
10:28 Himanshu : WOw
10:28 Himanshu : Boom – Bo,, Jit
10:28 Jitender : Uttam’s C
10:28 Himanshu : Chief – BNF long can be taken
10:28 Himanshu : was in at 505 earlier holding
10:28 Himanshu : for 650
10:29 Jitender : 540 resis
10:30 Shai : good buy near 466
10:32 Jitender : Himanshu get out of longs if u wanna…review it later
10:32 Uttam : NF approaching the morning singles
10:32 Uttam : above 11933 NF could confirm the FA at lows
10:33 Uttam : BNF needs to get above 31580
10:35 Uttam : (10:12) Uttam : C side ext will be nice Shai ๐Ÿ˜‰
10:35 Jitender : +1
10:36 Anubhav null : damn reds
10:37 Uttam : supply coming in at morning selling tail
10:37 Jitender : 31.5pe 205-225 half book
10:37 Uttam : MB also right there in NF
10:40 MJ : Morning all.
10:40 MJ : b&c decent COT.
10:40 Thanika : Jit – you are surfing the waves! ๐Ÿ™‚
10:40 Jitender : everyday man..no other option :(‘
10:40 Jitender : daily labourer
10:40 Anubhav null : lol
10:40 Thanika : haha ๐Ÿ˜‰
10:41 Anubhav null : hey mj
10:42 Uttam : FA today will be a nice set up for expiry or month close on Friday to close at highs
10:42 MJ : Hi Anubhav.
10:42 MJ : @Uttam above 11933 you looking at IBH tag?
10:43 Jitender : 206 all out
10:43 Uttam : 11999 / 12070 / 12250 by Friday
10:44 Jitender : 470-540..either side will trade
10:44 Anubhav null : wow
10:44 MJ : Aye aye Uttam.
10:45 Jitender : Uttam…yes…bu the only prob is all around consensus
10:45 Jitender : but
10:46 Uttam : yes Jit agree
10:46 Anubhav null : may be 1 test of 11722 before upside
10:47 Uttam : so better to play this with a hedge if at all FA is confirmed
10:47 Jitender : wontdaily form a LL from 25th ?
10:47 Jitender : wont daily
10:47 Jitender : if we close lower today
10:48 Uttam : yesterday low was 11833
10:48 Uttam : we need to break below that for a lower low na?
10:48 Jitender : n for LH ๐Ÿ™‚
10:49 Anubhav null : expiry coming up anything can happen
10:49 Uttam : yes so far inside bar today as NF 1 point lower but spot giving a hgiher high I think Jit
10:49 MJ : 8th hour of NF being between 11880 11960
10:49 Uttam : by 1 point
10:50 Jitender : k
10:50 Jitender : u have started following Anant Acharya (10:49) MJ : 8th hour of NF being between 11880 11960 ๐Ÿ™‚
10:51 Boppanna : +110:44 Jitender : 470-540..either side will trade
10:51 Uttam : seriously MJ? that 54 day you converted to hours?
10:51 MJ : No bhai
10:51 MJ : Just clean seeing last hourly bars.
10:51 Uttam : poor guy got trolled royally for his views
10:51 MJ : Don’t know what he does.
10:51 Jitender : hez an *ss
10:52 MJ : @Jit?
10:52 Anubhav null : 50 years gann exp lol
10:52 Uttam : lol Jit but what confidence he has
10:52 MJ : Just seeing 11888
10:52 Jitender : Anant MJ
10:52 Anubhav null : traders carnival ka hero
10:52 Jitender : tats how u swindle (10:52) Uttam : lol Jit but what confidence he has
10:52 Uttam : he kept getting proved wrong but kept on maintaining 9k coming
10:53 Himanshu : Jit – whtas your take on NF – BNF F today
10:53 MJ : Did I mention anything of that sort? ๐Ÿ™‚ (10:51) Uttam : seriously MJ? that 54 day you converted to hours?
10:53 Anubhav null : he takes seminars outside india also
10:53 Jitender : quiet till 1-1.30pm now
10:53 Jitender : Himanshu
10:54 Jitender : go with OF or Shai’s signals
10:54 Anubhav null : rudramurthy ka bada bhai
10:54 Himanshu : Jit – FOr nOw OF supporting IBH move
10:54 Jitender : yday n 2day indexes cud have had clean bout…but stalled Himanshu
10:54 MJ : +1 J it is quiet since some time in OF. new activity yet to be spotted. One bounce at 888 zone came.
10:55 Jitender : tats y Himanshu (10:51) Boppanna : +110:44 Jitender : 470-540..either side will trade
10:55 Uttam : big players look like are playing it smart to build their positions
10:55 Uttam : so that it is not obvious in OF
10:55 Hari : But Uttam, the OI is neutral?
10:55 Uttam : last series also they did the same
10:55 Jitender : below 420..bnf can kill greens seriously
10:55 Hari : yday both went up without any change in OI I think
10:56 Shai : Intra- Buy BNF again 31510 and at 31470 ( if it comes) in 2 parts. Sl of 31265 for the trade. Tgt 31680.
10:56 Uttam : SL 31365 Shai?
10:57 Shai : SL 31365 **
10:57 Uttam : +1
10:57 Shai : abv vwap this is all clear for longs
10:57 Uttam : amen Shai lets do the FA
11:01 Himanshu : BOOOOOM
11:01 Himanshu : Jite –
11:03 Jitender : congo
11:04 Jitender : greens trapped ?
11:05 Himanshu : Hey Jit – pls help push to IBH
11:05 Himanshu : dont pray for greens to trapped
11:06 Himanshu : Your friend is long here –
11:06 Himanshu : Samja karo
11:06 Thanika : ๐Ÿ™‚
11:06 Jitender : ๐Ÿ™‚
11:06 Shai : 31580 next res
11:07 Himanshu : after long time – I habe pos in F utures
11:07 Himanshu : Today NF doing lifting
11:19 Ravikiran : any one having idea on kotak bank?
11:19 Ravikiran : short since 1507
11:20 Ravikiran : targeting 1497
11:23 Himanshu : Ahha Aaaja – Aha Aja – BNF – IBH
11:24 Jitender : lol
11:24 Jitender : sahi hai..use every technique ๐Ÿ˜‰
11:25 Jitender : but isnt tat song used in constipation ๐Ÿ™‚
11:30 Himanshu : haha
11:31 Shubro : in our 40’s yes Jit
11:32 Jitender : ๐Ÿ™‚
11:32 Shubro : more of an anthem at 7 am
11:36 Thanika : ๐Ÿ™‚
11:36 Sandip : 11930-11890 one move before any up swings
11:43 Jitender : 31.5pe 186-224 (11:04) Jitender : greens trapped ?
11:44 Anubhav null : looks like
11:45 Anubhav null : poc resistance held.in nf
11:46 Boppanna : Nice Jit ..If it gets above 225 could jump quick IMO 11:43 Jitender : 31.5pe 186-224 (11:04) Jitender : greens trapped ?
11:47 Jitender : 470 brk n sustain BoP..will go back to 270+
11:47 MJ : Both index holding to yvwap.
11:48 Jitender : range bound ..fr one hr now 10:44 Jitender : 470-540..either side will trade
11:48 Jitender : ๐Ÿ™‚
11:50 Anubhav null : ibl test coming?
11:50 Sandip : +1 Jitender
11:51 Jitender : see the greens again at 500 BoP
11:52 Jitender : very helpful
11:56 Boppanna : Now playing for this Jit if sustains 470 Uttams report “Immediate support is at the HVN of 31580 below which the profile has a low volume zone between 31515 to 31380 which is could fill if stays below 31580.”
11:56 Jitender : cool
11:58 Shai : Intra – Buy a 11900 PE at 62 sl of 42. tgt will update
11:59 Shai : NF has stopped looking good
11:59 Shai : lots of RS
11:59 Shai : Plan to exit the BNF longs if we get vwap in next hour
12:01 Jitender : Uttam 85k red at 11905…roll ?
12:01 Paras : no he is selling
12:01 Paras : i guess
12:01 Rushabh : shai any expiry levels you are looking for?
12:01 Jitender : k Paras
12:01 Paras : or today might be a huge short covering opp
12:01 Paras : 11900 call by shai is perfect
12:02 Paras : 11900 put buy call
12:02 Rohit : MSCI sell flows increasing
12:02 Rohit : india wts decreased in msci index…lots of passicve etf adjusting
12:02 Sandip : nice
12:03 Jitender : kya bola tha at 545 (11:04) Jitender : greens trapped ?
12:03 Jitender : 31.5pe 229-250 BoP
12:03 Jitender : all out
12:03 Sandip : out near 11895
12:03 Jitender : time fr a cuppa
12:03 Sandip : ๐Ÿ™‚
12:04 Jitender : grt Sandip
12:04 Sandip : a cuppa dt? Xd
12:04 Boppanna : +1Jit
12:04 Sandip : +1 to you too Jitender
12:04 Jitender : +1 BoP
12:04 Jitender : good day so far
12:05 Sandip : yep
12:08 MJ : 92850 is rolls. 5 min bar.
12:08 Sandip : got out at 11895…looks like ping pong day though..options pointing up…spot pulling nf down ..funny scenes(11:36) Sandip : 11930-11890 one move before any up swings
12:08 Uttam : +1 Sandip
12:08 Boppanna : Nice one Sandip
12:08 Jitender : coffee brk (12:04) Sandip : a cuppa dt? Xd
12:08 Sandip : Thx guys
12:09 Shai : 11876-11856 has the heavy supp for settlement
12:11 Paras : support or supply?
12:12 Rushabh : support
12:12 Shai : support yes ๐Ÿ™‚
12:13 Hiren : if 11892 broken can we expect 11829?
12:13 Uttam : both are just smoothening yesterday’s profile till now
12:13 Shai : No Hiren there is a nuch of supp right below
12:14 Hiren : ok shai thanks
12:14 Uttam : probable FA till there at lows in both
12:15 Shai : breakdown severe would be below 11856 – https://mplite.vtrender.com/?symbol=NIFTY&startDate=16-05-2019&nDays=8&tpo=2
12:15 Shai : in which case makes sense to carry puts if we are below it at 3.10
12:16 Shai : BNF also haviong trouble to rise up
12:16 Shai : I liquidated longs early at the open but expected buyers to show more resolve lower
12:17 Shai : for now keep the put handy – it is needed
12:17 Shai : as sellers haev started to turn the tables again slowlly
12:23 Paras : 10000 REDS TRAPPED?
12:25 Shai : small qty that is
12:27 Paras : OK
12:32 Shai : Uodate – BNF at 31490 near our cost. we are exiting here both legs
12:39 Uttam : sellers not doing a good job so far
12:39 Jitender : 484-434 scalp (11:51) Jitender : see the greens again at 500 BoP(11:52) Jitender : very helpful
12:39 Jitender : again grrens traped tere
12:40 Shai : the plan high was 31493- (11:59) Shai : Plan to exit the BNF longs if we get vwap in next hour
12:41 Jitender : +1
12:41 Jitender : (10:32) Jitender : Himanshu get out of longs if u wanna…review it later
12:41 Shai : +1
12:41 Shai : failed abv vwap and stayed below later
12:41 Jitender : yup
12:41 Shai : so no hold actually
12:41 Suyog : wah Jit.. all I had to do is login and utter the word “bear”.. wonder if i should do it often ๐Ÿ™‚
12:42 Jitender : n who caught it early ๐Ÿ™‚
12:42 Jitender : so utterer & executer
12:42 Shai : yesterday’s OI data Suyog was clean lower
12:42 Boppanna : Low 380.. but didn’t hold as it was stuggling at IBL 11:56 Boppanna : Now playing for this Jit if sustains 470 Uttams report “Immediate support is at the HVN of 31580 below which the profile has a low volume zone between 31515 to 31380 which is could fill if stays below 31580.”
12:42 Suyog : +1
12:42 Hari : Shai, NF day cot row is hidden
12:42 Boppanna : *390
12:42 Shai : https://twitter.com/Am_Shai/status/1133044360801427456
12:42 Suyog : +1 (12:42) Jitender : so utterer & executer
12:42 Jitender : congo BOP
12:43 Shai : Pros short calls and Fii’s long puts
12:43 Jitender : guys BoP has becum an excellent MP trader…he has a plan n follows it perfectly…kudos & more power to u BoP
12:43 Sandip : nice new low made
12:43 Jitender : the key to today’s action (12:43) Shai : Pros short calls and Fii’s long puts
12:44 Shai : + 1 Bopp
12:44 Shai : Keep it flowing
12:44 Boppanna : Still a long way to go Jit.. but yes Uttam’s hypo makes it a lot easier
12:44 Jitender : Uttam the #Eagle Eye
12:45 Sandip : Nf 11840-860 wud be a place to buy for 11890?
12:45 Shai : tgt 1 is 82 tgt 2 is 105- (11:58) Shai : Intra – Buy a 11900 PE at 62 sl of 42. tgt will update
12:46 Uttam : (12:43) Jitender : guys BoP has becum an excellent MP trader…he has a plan n follows it perfectly…kudos & more power to u BoP…yes Jit +1 keep rocking Bops
12:46 Shai : updated – (12:42) Hari : Shai, NF day cot row is hidden
12:47 Hari : STBT reco 13:45 Hari : should get to 860
12:47 Shai : Book 50% of the PE at 78 here
12:49 Shai : 11901 now a supply
12:49 Uttam : b) Staying below 11933, the auction has minor support at 11912 below which it can test 11892 & 11874-862….NF finally 11874 after a long struggle
12:49 Shai : is weak below it
12:50 Shai : (11:59) Shai : NF has stopped looking good(11:59) Shai : lots of RS
12:50 Uttam : d) Below 31450, BNF can move lower to 31385-368 & 31315-295…BNF also low so far 31385
12:50 Sandip : +1 Uttam
12:50 Shai : at a tricky zone though – (12:09) Shai : 11876-11856 has the heavy supp for settlement
12:50 Shai : (12:17) Shai : for now keep the put handy – it is needed
12:53 Jitender : pnb numbrs out
12:54 Uttam : 2 day balance in both looks like setting up for a nice monthly expiry move Shai?
12:54 Shai : Book out the OE at 70.
12:54 Uttam : 11900 combo at 130
12:54 Uttam : 2 days to go
12:55 Shai : RS in the PE also
12:55 Anubhav : LONG HERE?
12:55 Anubhav : poc 11870
12:55 Shai : safe abv 11905 only
12:55 Shai : low is not secured
12:56 Anubhav : ok thnx
12:56 Shai : that PE at 62 is a buy again sl of 56 for 82
12:59 Anubhav : rb
12:59 Uttam : poor lows in BNF? sellers getting exhausted?
12:59 Uttam : 11874 is the weekly VAH where NF has taken sup currently
13:00 Sandip : Nf shud have tested 11860 though
13:01 Anubhav : hmmm
13:02 Sandip : that PE looks like a quick scalp Shai 62-74-80
13:02 Anubhav : fa uttam ?
13:02 Anubhav : above 11910
13:04 Uttam : yes still a probable FA there at lows
13:04 Anubhav : vwap i mean
13:04 Anubhav : okz
13:06 Anubhav : long bias now?
13:07 Uttam : value overlapping today so can get a move tom
13:07 Uttam : but yes bias now to the up as sellers not doing good job
13:08 MJ : Shai same view above vwap? (10:57) Shai : abv vwap this is all clear for longs
13:08 Uttam : 23k green at vwap in NF
13:08 Uttam : is he going to get stuck like the erlier guys?
13:08 Uttam : BNF also has greens at vap
13:08 Shubro : no follow through
13:08 Boppanna : Uttam report A+ _/|_ “low volume zone between 31515 to 31380 which is could fill
13:09 Uttam : _/\_ Bops
13:09 Uttam : (12:59) Uttam : poor lows in BNF? sellers getting exhausted?
13:10 Uttam : 130 points from lows BNF
13:10 Uttam : more greens in NF abve vwap
13:10 Uttam : tiem for profile to turn to a bell from ‘b’?
13:11 Uttam : but needs acceptance in the morning singles
13:11 Uttam : else back to dVAL
13:11 Anubhav : 11925 if crossed then 11958?
13:12 Uttam : got rejected twice as it tried to get above 11933 NF
13:12 Uttam : lets see if it makes a third attempt here
13:21 Arjun : @jit said sideways untill 1.30 ever since the market barely moved
13:23 Sandip : options have turned positive slightly from lows
13:30 Uttam : Jit ne bol diya to bas bol diya ๐Ÿ™‚
13:31 Sandip : out at averaged cost in that PE
13:31 Jitender : Uttam ๐Ÿ™‚
13:31 HPandey : 1.5 lakhs
13:31 HPandey : rollover?
13:32 Shai : yes
13:32 HPandey : ok
13:32 Shai : 11908/ 11960 in June
13:32 MJ : Reds in June.
13:32 Shai : they are coming all in the zone
13:32 MJ : Yes shai since yest. 11960 11990
13:33 AN : Shai, are they red in June?
13:33 MJ : Another 1L also in this zone.
13:34 MJ : AN reds yes.
13:34 AN : thx mj
13:35 Shai : yesJune reds
13:36 Shai : chart of Jue is live on Go to for both nf and bnf
13:36 Jitender : same pinch 505-455 (12:39) Jitender : 484-434 scalp (11:51) Jitender : see the greens again at 500 BoP(11:52) Jitender : very helpful
13:43 Jitender : theese greens at 490-500 hve been an easy pick ๐Ÿ™‚
13:52 Anubhav : LOW SECURED NOW?
13:53 Anubhav : val is holding in nf
13:55 Shai : one quick swipe up to 11930 F is there in tape
13:55 Shai : too many locals today
13:55 Jitender : yup
13:55 Shai : auction in VA all day
13:56 Jitender : bye gentlemen…hv to go..tc n c u morrow ๐Ÿ™‚
13:56 Shai : tc
13:57 Thanika : bye Jit
13:57 Shai : after a very long time we got a flattish kind of a day
13:58 Shai : keep the powder dry
13:58 Shai : there is one big move here before settlement
13:58 Paras : tomorrow can be a trending day
13:58 Jitender : tx Shai…n tc
13:58 Shai : trend up needs to take out 11960 F
14:00 Thanika : 11682 in Uttam’s hypo is still pending! ๐Ÿ™‚ waiting for that.
14:01 Thanika : 11862*
14:01 Anubhav : 11870 gows then 11830 will also come
14:02 Thanika : that will be a welcome move for my straddles! ๐Ÿ˜‰
14:03 MJ : Nice bell formation.
14:04 MJ : NF needs upper side filling.
14:04 MJ : above 922
14:08 Sandip : bought low at 11895..lets see how this day goes
14:09 Shubro : Shai is this a case of supply being bought out?
14:10 MJ : Nice zone sandip.
14:10 Sandip : lets hope so Mj
14:12 MJ : 45k rolls
14:12 MJ : green in june.
14:12 Sandip : spot seems to be holding on..nifty
14:15 Himanshu : 46k green in NF
14:15 MJ : Rolls che.
14:25 Uttam : BNF poor lows repaired
14:25 Uttam : that 11900pe made low of 58 & bow at 78
14:26 Anubhav : NICE
14:26 Uttam : Shai had asked to buy at 62 with SL 56
14:26 Uttam : for tgt of 82
14:27 Uttam : 79.3 high so far
14:27 Anubhav : is this rb?
14:27 MJ : 30k
14:27 MJ : in bnf
14:28 Uttam : Shai all day delta -6L & COT +3L?
14:28 Uttam : needs a refresh?
14:28 Uttam : NF new low 11865
14:29 Shai : ignore COT expiry
14:29 Shai : plus in June
14:29 Uttam : but should not COT & delta be on same lines?
14:29 Uttam : it cannot be opposite right?
14:29 Uttam : 11900pe tags 82
14:29 Thanika : yeah.. 11862!
14:29 Hari : ah 860 is here
14:29 Uttam : and BNF 31315 almost
14:29 Govind : Shai/Uttam, plenty of zeroes on both sides in BNF from 31410 to 31390…weakness?
14:30 Govind : in the last 5 min candle
14:30 Shai : yes
14:32 Govind : THat is also the low volume area Uttam mentioned this morning.
14:32 Sandip : my second buy trigerred at 11861….avg arnd 11875..looking at 11920++
14:33 Boppanna : DL right there for now12:09 Shai : 11876-11856 has the heavy supp for settlement
14:34 Shai : yes
14:34 Shai : wither 45 for spike lows below 856
14:34 Shai : greens means suopp is there
14:34 MJ : 3-1-3?
14:34 Shai : 45 trade is to 11910 sl of 11855
14:34 MJ : Aye aye shai
14:35 MJ : I love that 45 degree trade ๐Ÿ™‚
14:35 Uttam : nice entry Sandip ๐Ÿ™‚
14:35 Uttam : today we are balancing so can fade extremes
14:36 Shai : Inttra- Buy NF 11880 sl of 11853 tgt 11912
14:36 Sandip : thx Uttam
14:36 Sandip : I hope the other extreme gets faded ๐Ÿ™‚
14:36 Shubro : haha good one Sandip
14:36 Govind : ๐Ÿ™‚
14:37 Shai : BNF has to come up abv the 0’s for a long
14:37 Shai : roughly 31386
14:37 MJ : Shai that 30k not a roll no? in bnf?
14:37 Shai : no
14:37 Seema : Shai sir…view on YESBANK
14:39 Sandip : some grinding in options is on for now
14:40 Seema : (14:37) Shai : …….sir VIEW on YESBANK
14:41 Shai : keep stock related Q to tab 2
14:41 Shai : also be clear on the time frame of your query
14:41 Seema : OK SIR
14:42 Shai : NO Sir please or anything before or after my name
14:42 Shai : It is Shai
14:43 Seema : Ok Shai
14:43 Sandip : Shai this 64k in NF is rollover?
14:43 Shai : at lows?
14:43 Shai : No
14:43 Sandip : in current 5 min bar
14:44 Shai : no
14:44 Sandip : Thanks
14:44 Shai : crossed the )’s BNF
14:44 Shai : 0’s
14:44 Govind : Yeah
14:44 MJ : Thanks shai
14:44 Anubhav : wow
14:44 Shai : davla cross is a 100 more in BNF
14:44 Shai : there you go
14:44 Govind : wow
14:44 Anubhav : 00s
14:45 MJ : ROCKET banta hai
14:45 MJ : 30k par
14:45 Shai : NF 11905. Book half
14:45 Thanika : Shai, this is on dot! +1
14:45 Shai : aa gaya – (14:44) Shai : davla cross is a 100 more in BNF
14:45 MJ : 11856 was the number
14:45 MJ : ๐Ÿ™‚
14:45 Shai : hold for 11933
14:45 Hiren : great call
14:45 MJ : Thanks chief.
14:45 Boppanna : +1 Shai
14:46 MJ : Shai ideal 45 degree trade no today?
14:46 Shai : yes
14:46 Shai : always works
14:46 Shai : NF book out
14:47 Himanshu : chief BNF –
14:49 Boppanna : 380-515 zone was expected quick 13:08 Boppanna : Uttam report A+ _/|_ “low volume zone between 31515 to 31380 which is could fill
14:49 Shai : BNF was a perfect dval to davah trade
14:50 Shai : (14:34) Shai : greens means suopp is there(14:34) Shai : 45 trade is to 11910 sl of 11855
14:50 MJ : Now unless other side above 922 comes this should be 3-1-3 profile
14:51 MJ : (14:34) MJ : 3-1-3?
14:51 MJ : Yes chief.
14:51 Shai : can close here
14:51 MJ : Rode nf bnf
14:51 Shai : poc is strong
14:51 Govind : +1 Shai
14:51 MJ : Aye aye.
14:51 Govind : Rode both NF/BNF
14:51 Shai : almost all periods in the POC
14:51 MJ : perfect setup for wed.
14:51 Shubro : which direction MJ?
14:51 Govind : Glad I as watching the zeroes
14:52 Shai : +1
14:52 Govind : I was *
14:52 Shai : obs first execution next
14:52 Sandip : Guys why are 0’s imp?
14:53 MJ : Shubro: Hawk eyes on 2 day comp.
14:53 MJ : And come with a bat.
14:53 Gaurav : lack of liquidity around those levels Sandip
14:53 Shubro : aye aye
14:53 Sandip : so stoploss hitting move basically?
14:54 Gaurav : can be either Stop loss or OTF
14:54 Gaurav : if the 0’s hold, then can be seen as OTF, otherwise as you said Stop loss hunt
14:55 Sandip : Thx Gaurav
14:58 MJ : @Sandip and 0’s if at highs or lows usually suggests end of auction.
14:59 MJ : complete* auction
14:59 Shai : +1
14:59 Shai : got to be each others eyes and ears to observe this
14:59 Shai : OF is a team waork
14:59 Shai : work*
15:00 MJ : True that shai.
15:00 Himanshu : BNF – chief can touch 540
15:00 Himanshu : 31540
15:00 Shai : 580
15:00 Shai : low ois secured for tom
15:00 Sandip : ths MJ
15:00 MJ : 943 too shai?
15:00 Hiren : shai 11938 is coming?
15:00 Shai : sl is 31256 F for tom
15:01 Shai : just in case you guys are writing puts
15:01 MJ : Shai sellers caught off guard?
15:01 Boppanna : Shai outside chance pf 32000 in BNF for expiry?
15:01 Shai : @Hiren intra more chances to close here
15:01 Hiren : ok
15:01 Himanshu : Chief is it possible today
15:01 Shai : but yes we should test abv 11930 again
15:01 Himanshu : 31580
15:02 Shai : poss
15:02 MJ : A 3-1-3 profile has excess at 2 ends and a thick value area in the middle. It resembles the best example of a market trying to balance or remain range bound. The excess formed at the extremes makes it very difficult for the market to move out for a while and moves to the extremes are often sent back to the centre and then the other extreme. However when one extreme breaks it sets up a fast and furious move in the direction of the break. #MPTerms
15:02 MJ : For anyone figuring what is 3-1-3
15:02 Sandip : out
15:02 Govind : Thanks MJ!
15:02 Uttam : nice Sandip ๐Ÿ™‚ super trade
15:03 MJ : Good one Sandeep.
15:03 MJ : Just holding tsls now in both.
15:03 MJ : sandip*
15:03 Uttam : boom boom
15:03 Hiren : beautiful wow excellent shai
15:04 Sandip : TGT acquired..khel khatam… 3DT in..(14:32) Sandip : my second buy trigerred at 11861….avg arnd 11875..looking at 11920++
15:04 Uttam : 3:05 move
15:04 Sandip : Thanks MJ and Uttam
15:04 Uttam : we could spike higher here
15:04 Hiren : 11958
15:04 MJ : dhi close?
15:04 Anubhav : damn
15:04 Himanshu : chief covered at 31615
15:04 Anubhav : grens finally
15:05 Himanshu : and 61328
15:05 Himanshu : Uttam – Jit – whole day balls in moouth but
15:05 Uttam : move started exactly at 3:05
15:05 Himanshu : Room gave confidence
15:05 MJ : Himanshu kudos!
15:06 Uttam : this will close in a spike
15:06 MJ : More power to you.
15:06 Uttam : vols
15:06 Shai : neut ex
15:06 Uttam : sellers were doing a bad job & they are paying for it now
15:06 Hiren : shai ur call of 31700 ce i entered today at 102..
15:06 Hiren : excellent
15:06 Shai : +1
15:06 Hiren : in NF superb move
15:07 Shai : 45 reverse sl of 11970
15:07 MJ : Chief can keep some bnf longs with that 30k reference?
15:07 Sandip : Shai, how big are the reds at top?
15:07 Boppanna : +100 Shai 14:33 Boppanna : DL right there for now12:09 Shai : 11876-11856 has the heavy supp for settlement
15:07 Govind : I was aiming for 30540, Shai said 580 posible but exited at 650
15:07 Uttam : day COT climbing higher
15:07 Shai : covered 11943
15:08 Sandip : nice short covering move
15:08 Shai : greens are holding 11942 now
15:08 Govind : HDFCB did that move
15:09 Himanshu : – Uttam – Chief – Jit – 2 small accts – 4k Each – 20 DT
15:09 MJ : +1 govind
15:09 MJ : 30k and hdfcbk
15:09 Shai : shorts below 11941 again 10 point stop for 11915
15:09 Uttam : 11900ce OI reducing – writers getting our
15:09 Uttam : out*
15:09 Govind : THanks MJ
15:09 MJ : whattey combo
15:09 Sandip : if more greens dont come in this cud head down till 11915
15:10 Himanshu : and 2 Icib account – 10DT
15:10 Himanshu : One good day after long
15:10 Himanshu : Jite – Kahan ho bhai
15:10 Govind : Great Himanshu!!
15:10 Uttam : Congrats Himanshu ๐Ÿ™‚
15:10 Govind : In Beast Mode
15:10 Uttam : Jit left earsaidly he
15:10 Himanshu : Jit – Uttam save dme
15:11 Sandip : +1 Himanshu
15:11 Himanshu : Uttams confirmation of 31380 – secured kept my hope alove – was in long at
15:11 Himanshu : 31524 – F
15:11 Himanshu : in c low – and held till profile filled up to cover at 31624 finally
15:11 Sandip : if spot dosent risewith nf..itlll drag it down
15:12 Uttam : NF looks like closing at new hgihs ever
15:13 MJ : Chief what’s the series DPOC on your charts?
15:13 MJ : Can’t access mplite right now.
15:14 Shai : 11725
15:14 Uttam : big volumes in this bar
15:14 MJ : Thanks.
15:14 Uttam : 20L?
15:14 Shai : 45 reverese ๐Ÿ™‚ – (15:07) Shai : 45 reverse sl of 11970
15:14 Shai : Git into it twice
15:14 Shai : (15:09) Shai : shorts below 11941 again 10 point stop for 11915
15:15 Sandip : +1 Shai
15:15 Sandip : I too got out with a short scalp ๐Ÿ™‚
15:16 Uttam : Neutral Centre then and a nice bell with overlapping Value
15:16 Himanshu : chief can we take BNF long here for tom
15:16 Himanshu : if so – via – PE or Future
15:16 Uttam : seems like we are in for a trending expiry
15:16 Rushabh : 12000+ uttam
15:18 Sandip : perfect day so far
15:18 Uttam : that is not even 1 atr Rushab ๐Ÿ˜‰
15:18 Sandip : vtrender in full profits ATM
15:18 Sandip : Uttam also faded his exteme!
15:19 Arjun : what would 1atr be uttam
15:19 Uttam : 182
15:19 Uttam : thanks to last week’s ranges
15:19 Shai : covered short
15:19 Arjun : 12182 ?
15:19 Shai : BNF can short puts
15:20 Boppanna : Uttam we have Fa’s in both NF and BNF?
15:20 Shai : (15:00) Shai : sl is 31256 F for tom(15:01) Shai : just in case you guys are writing puts
15:20 Rushabh : tomorrow expecting a balance again?
15:22 Hari : Uttam, FA in NF?
15:23 MJ : Thanks shai. Keeping some bnf ๐Ÿ™‚ with reference levels.
15:23 MJ : Actually I’d move up.
15:24 Uttam : BNF looks like wants to do 32k tom at open itself
15:25 Uttam : @Hari can take 11879 as FA as NF got rejected from combo of yesterday’s & today’s vwap then broke IBL got rejected & then probed abv IBH
15:25 Uttam : close above IBH will be ideal
15:26 Hari : Thanks Uttam
15:26 Uttam : by the way morning OH in NF was a freak one
15:26 Uttam : actual vols were there only arnd 11945 i think
15:26 Sandip : buyers and sellers are in at 11940-960 levels.. this shud be the median point tomorrow
15:27 Uttam : gap up above 11960 & move higher will be nice Sandip ๐Ÿ˜‰
15:28 MJ : uttam that roll zone has been 940 960 thus far.
15:28 MJ : Also algo guy yet to come.
15:28 Uttam : that 11900 30may straddle giving a buy here
15:28 MJ : Premium is?
15:29 Uttam : lets see if it gives a move tom
15:29 Uttam : 120 here
15:29 Uttam : expecting at least 200 in it by expiry
15:29 MJ : Will watch. Thanks uttam.
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Govind : Bye all
15:29 MJ : Bye everyone cheers!
15:29 Uttam : thanks All ๐Ÿ™‚ have a lovely evening
15:29 Govind : Thank you all for your insights
15:30 Thanika : bye everyone! have a nice evening!
15:30 Govind : What an awesome forum this is!!
15:30 Anubhav : bye ppl
15:30 Shubro : bye all
15:30 Amit : thanks all .. have a nice evening
15:31 Sandip : bye all
15:35 Himanshu : bye all


09:24 Uttam : Shai TataSteel has more legs above 522 or book out all here?
09:25 Govind : Shai, your views on Adani Ports please, ID?
10:46 MS : Shai, view on Bank of Baroda please?
11:22 Shai : tata steell 512 supp trailing
11:23 Shai : 422 day suoply adani – has looked up abv and met long liquidation
11:23 Shai : supp 411 – if fails can be a short candidiate for 403
11:24 Shai : bob abv 140 can do 143.6 and 145 intra
11:32 Govind : Thanks Shai
11:35 Rushabh : Shai L&TFH onto 137? next target?
11:36 Uttam : thanks Shai
11:43 MJ : Shai bajfinance 3313 doable till thursday?
11:43 MJ : 3513** baj finance Errata
11:52 MS : Thanks Shai
14:23 Seema : Shai sir, view on YESBANK
14:40 Shai : 150 intra supp
14:41 Shai : 155 is supply
14:42 Seema : want to carry 150 CE till expiry…
14:42 Seema : yday all shorters are trapped near 145
14:47 Shai : okay I don;t track the options
14:47 Shai : but that 155 will be tough to cross this series
14:52 Seema : Thanks
14:53 Seema : What about ICICIBANK>
14:57 Shai : icici 439 was the long obj for the week. is done

Order Flow charts dated 28th May

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

NF (June)


BNF

BNF (June)


Room Chat

10:26 Shai : (10:26) Shai : Intra – short NF 11885 sl of 11907 tgt 11860/ 11840.

10:48 Shai : (10:48) Shai : Close out the NF short trade near 11885 cost here

11:07 Shai : (11:07) Shai : Intra – Buy BNF 31360 sl of 31240 tgt 31500.

11:20 Shai : (11:20) Shai : BNF 31425F. Book half here and ride some at copst

11:23 Shai : (11:22) Shai : BNF 31445 . Intra book fully

11:42 Shai : (11:42) Shai : Option – Buy 12000 call at 46-47 sl fo 31 tgt 72

11:57 Shai : (11:56) Shai : Book the 12000 call at 47
(11:56) Shai : we will rebuy it lower

12:51 Shai : (12:51) Shai : Buy 31700 call in 2 parts at 187 here and at 165. Maintain SL of 115 for the trade . Tgt 400.

13:00 Shai : (13:00) Shai : add the second part in BNF 31700 call

13:40 Shai : (13:40) Shai : update – book half of this BTST and maintian 31280 TSL till tom on rest . cmp 31510- (15:06) Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional

14:38 Shai : (14:38) Shai : uodate – Book out the 31700 call at 192 cmp. we won\’t carry


08:59 Shai : GM all
09:00 Shai : https://vtrender.in/market-profile-analysis-dated-24th-may/
09:01 Seema : GM to all…….
09:01 Shai : https://vtrender.in/weekly-charts-20th-may-to-24th-may-and-market-profile-analysis/
09:02 Ashutosh : GM all
09:03 Hiren : gm to all
09:03 AN : GM all.
09:05 Himanshu : Good Moring all
09:07 Shai : trend up profile on Friday but still within the composite of April
09:07 Shai : PBL and vwap 11789 are the supports where RB needs to be watched
09:08 Shai : BNF PBL at 30947 and vwap at 30926
09:09 Suren : PBL?
09:11 Govind : PBL isPull Back Low, Suren
09:13 Sandip : GM All
09:14 Thanika : GM all
09:14 Uttam : Good Morning All ๐Ÿ™‚
09:16 Amjad : gm all
09:17 Hari : GM all
09:18 Jitender : DT done…no carry over
09:18 Jitender : GM Folks ๐Ÿ™‚
09:18 Himanshu : Hain ?
09:18 Jitender : 31.3ce 199-249
09:18 Uttam : BTFD Jit ๐Ÿ™‚
09:18 Amit : super Jit ๐Ÿ™‚
09:19 Jitender : wat else :)\
09:19 Uttam : congrats ๐Ÿ™‚ aate hi sixer
09:20 Jitender : HImanshu…posted screenshot od DT in random channel with tradebook
09:20 Jitender : of
09:20 Jitender : tx guys
09:20 Shai : nice
09:21 Jitender : tx chief
09:21 Govind : Entered BNF on Friday at 31150, at dPOC. Still holding 50%
09:21 Uttam : b) Immediate support is at 11834-830 below which the auction can test 11790 & 11766
09:22 Uttam : b) Immediate support is at 31210-175 below which the auction can test 31090 & 31040-32
09:22 Jitender : awesum Govind….
09:22 Shai : BNF hold
09:22 Shai : this boy has to tear up
09:22 Govind : Thanks Jit
09:22 Uttam : both NF & BNF taking support at the hypo2
09:22 Govind : Yes Shai, will hold
09:22 Uttam : nice green band in 11900ce just above 50
09:22 Boppanna : a) Sustaining above 31248, BNF can tag 30310-335 & 31395
09:26 Shai : samll RS at 31390
09:26 Shai : should give a pullback
09:27 Shai : 31215 new day supp BNF
09:27 Shai : NF needs to take out 11890 F
09:29 Anubhav null : expiry week they will protect levels
09:29 Anubhav null : round numbers
09:30 Uttam : BNF getting into a drive mode
09:30 Jitender : US closed 2day ๐Ÿ™‚
09:30 Anubhav null : 11900/31500
09:30 Jitender : 31..3 ce 300-330
09:31 Uttam : c) Above 31395, BNF can probe higher to 31440 / 31510-536 & 31600…first psrt done
09:32 Uttam : 31439 high
09:32 AN : Awesome Jit _/\_
09:32 Jitender : tx bro
09:32 Jitender : but all VT
09:32 Uttam : NF still not out of pday range
09:36 Anubhav null : reds in nf vwap gone
09:45 Jitender : 2x done…time fr a cuppa
09:45 Govind : +1
09:47 Jitender : sum consolidation here
09:47 Jitender : 610+1880 green bnf at top
09:47 Govind : NF out of PD range
09:48 Jitender : has 2 clr 31440
09:48 Anubhav null : hmm
09:49 Jitender : dips to 11350 hv been bought
09:51 Shai : BNF clears 31480- 500 zone will recoekt up for the rest
09:51 Shai : rocket*
09:51 Psandeep : Gm All
09:52 Jitender : ys Shai
09:53 Anubhav null : big reds
10:02 Anubhav null : looks like will fLl after taking sls
10:03 Anubhav null : nf
10:05 Shai : yes NF may probe down to 11865
10:05 Shai : that 22k red is big
10:05 Anubhav null : thnx shai
10:08 Jitender : timimng (09:47) Jitender : sum consolidation here(09:49) Jitender : dips to 11350 hv been bought
10:15 Jitender : (09:48) Jitender : has 2 clr 31440
10:16 Ashok : is it od in bank nifty
10:25 Uttam : OTD though vols not as good for drive
10:25 MJ : Good morning Shai
10:25 MJ : Is that 42.9k rolls?
10:26 Shai : Intra – short NF 11885 sl of 11907 tgt 11860/ 11840.
10:27 Uttam : yes 40k could be rolls
10:27 Uttam : similar vols in JUN
10:35 Sandip : Nf 11920 next hurdle
10:40 Uttam : that developing RS at 11892 needs to be negated first
10:42 Uttam : dPOC also shifting there
10:48 Shai : Close out the NF short trade near 11885 cost here
10:52 Hiren : i think 11926 and 11960 coming
10:53 Sandip : yep
10:57 Shai : wants to dip but no vol yet
10:57 Shai : one mopve back down needed for a buy mode
10:57 Shai : prefer to buy lower
11:00 Hari : Shai, have you close 11000 PE june?
11:02 Shai : yes
11:02 Shai : that was an election tradw
11:02 Shai : window is gone now
11:03 Rushabh : shai could you reply onthe 3rd tab?
11:04 Hari : Thanks Shai
11:07 Shai : Intra – Buy BNF 31360 sl of 31240 tgt 31500.
11:08 Uttam : vol buildijng at 11890
11:08 Uttam : looks like rs going to get negated there
11:09 Sandip : yep
11:10 MJ : Shai notable rolls started yet? To track on 30 min?
11:17 Gaurav : @Shai, your range for this year still stands at 10600 to 12600?
11:19 Anubhav null : re coming fi ally
11:19 Anubhav null : nf
11:20 Uttam : boom boom
11:20 Shai : BNF 31425F. Book half here and ride some at copst
11:20 Uttam : +1
11:22 Sandip : yep mee too out 50%
11:23 Shai : BNF 31445 . Intra book fully
11:23 Shai : that RS is setting up
11:23 Shai : but you take 85 points in 15 mins when the BNF gives it happily ๐Ÿ™‚
11:24 Boppanna : +1
11:24 Sandip : this needs to clear now …(10:35) Sandip : Nf 11920 next hurdle
11:24 MJ : Both attracts round digit high thus far.
11:25 MJ : 54k rolls looks like.
11:26 Anubhav null : still no rs
11:26 Anubhav null : wants to go higher nf
11:27 Sandip : possibly checking for stoplosses
11:28 Shai : 16 k green in BNF
11:28 Shai : NF on track for 11961 finally
11:29 Hiren : 11926 done
11:29 Jitender : 31.4ce 240-301
11:29 Jitender : good day so far
11:29 Sandip : out full
11:29 Govind : Nice
11:30 Sandip : same here Jitender..Nf being nice
11:30 Jitender : +1
11:30 Jitender : Hiren gets his 926 +1
11:33 Hiren : yes jitender
11:33 Sandip : good one guys
11:42 Shai : Option – Buy 12000 call at 46-47 sl fo 31 tgt 72
11:43 Shai : Friday’s trade – onlt 3 mins below the buy price today and on track – (15:06) Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional
11:43 Shai : will close neat 31900 if we get there
11:43 Shai : today
11:44 Govind : Superb Trades Shai!!
11:44 MJ : Indeed!
11:44 Shai : Cheers
11:44 Shai : The bots are wroking in the background ๐Ÿ™‚
11:45 MJ : Shai bot’s tisco was too good.
11:45 Govind : Good Bots!
11:45 Govind : Yeah MJ, too good! I am still in
11:46 Hiren : nf wants to touch magic fig 12345 if stays above 11880.. positional.. and keep position less..
11:47 Jitender : awesum (11:43) Shai : Friday’s trade – onlt 3 mins below the buy price today and on track – (15:06) Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional
11:49 Anubhav null : high looks done in nf
11:51 MJ : Shai 72k rolls? 1145 1150 candle?
11:53 Anubhav null : fa possible uttam?
11:56 Shai : Book the 12000 call at 47
11:56 Shai : we will rebuy it lower
11:57 Shai : too may reds in the chart
12:11 Sandip : going for that 11950 sl test NF
12:11 Sandip : looks like’
12:16 Uttam : c) Above 31395, BNF can probe higher to 31440 / 31510-536 & 31600…BNF taking breath at 31536
12:36 Uttam : 11960 coming in NF?
12:36 Jitender : namo on tv
12:37 Uttam : A period singles in both & OTF up since morning
12:37 Anubhav : damn
12:37 Uttam : BNF gave a early pbk in D
12:37 Uttam : pbl*
12:38 Sandip : all out..3dt done for the day
12:38 Uttam : nice SAndip ๐Ÿ™‚ congrats
12:39 MJ : Cheerio! Sandip.
12:39 Govind : Cheers Sandip!
12:39 Jitender : 4+ Sandip
12:39 Jitender : n Congo
12:39 Uttam : 31600 calling in BNF
12:39 Sandip : Thanks guys!
12:47 Uttam : June NF tags 12k
12:48 Govind : HDFC twins at work here
12:48 Uttam : (12:36) Uttam : 11960 coming in NF?…Done
12:48 Jitender : 960 Hiren +1
12:48 Uttam : c) Above 11925, NF can probe higher to 11960-972 & 11999
12:49 Uttam : 11960 high so far to the dot
12:49 Sandip : Uttam, is there scope above 11960?
12:49 Uttam : given in the hypos Sandip
12:49 Uttam : 972 and 999
12:50 Uttam : Trend Day in the making in both
12:50 Sandip : Thx Uttam
12:51 Shai : Buy 31700 call in 2 parts at 187 here and at 165. Maintain SL of 115 for the trade . Tgt 400.
12:51 Shai : 11960- (11:28) Shai : NF on track for 11961 finally
12:51 Uttam : +
12:51 Jitender : +1
12:52 Uttam : +1 Shai
12:52 Sandip : +1 Shai
12:54 Himanshu : Jit – Uttam – re entry at 30380 – In BNF
12:54 Himanshu : Huge red bar
12:54 Anubhav : DUMP
12:55 Anubhav : nice
12:55 Sandip : whole lot of profit booking
12:56 Anubhav : vwap test in bnf
12:56 Anubhav : if holds gud to long i feel
12:56 Uttam : NF taking sup at prev IB of 11914
12:56 Shai : shou,d hold and rise
12:56 Uttam : some reds stuck
12:56 Rushabh : shai if not got in can get in now?
12:56 Rushabh : or qait
12:56 Rushabh : wait*
12:58 Anubhav : ANY NEWS ON TV?
12:59 Jitender : nope
13:00 AN : yes, Sandip and JIt got out fully, triggering the fall
13:00 Govind : FYI, no movement in VIX….:)
13:00 Shai : add the second part in BNF 31700 call
13:00 Arjun : my jit scanner says entry taken now ๐Ÿ™‚
13:00 Sandip : im surpised nf hasent hit vwap
13:00 Jitender : 31.4ce 255-282
13:03 Shai : afrernoon pullback of inventory nicely done
13:03 Shai : should rise to day highs again
13:04 Shai : sl is 31362 in BNF and 11886 in NF for longs of open
13:04 MJ : Yes shai
13:05 MJ : vwap going above ibh. Didn’t break that too. nice long zone that was.
13:05 Uttam : @Manish not here?
13:05 Uttam : he was asking about Trend Day pull backs on slack, we got to see one today live
13:06 Govind : +1Uttam, saw your response too. Thanks
13:06 MJ : Shai inv adjusting early in the expiry week?
13:06 MJ : 154k
13:06 Sandip : 1.5 lac green??
13:06 Uttam : _/\_ Govind
13:06 MJ : here
13:06 MJ : ๐Ÿ™‚
13:07 MJ : Rolls sandip.
13:07 Sandip : thanks MJ
13:07 MJ : Shai confirms.
13:07 Uttam : yes both have same vols
13:08 Uttam : May & June
13:08 Hari : So it is a 1.55 seller in June Uttam?
13:08 Uttam : that we need to confirm in OF Hari
13:08 Uttam : can just see the vols here
13:08 MJ : Shai could you please check the colour of this biggie?
13:09 Gaurav : or can we switch the goto charts to june F
13:09 MJ : +1 Gaurav. Ideal that would be.
13:10 Govind : boom
13:11 Jitender : haha…abt to = election day mtm
13:11 Sandip : gg +1 Jitender
13:11 MJ : 31420 to 31540 Done on this dip.
13:12 Shai : rise came NO?- (12:56) Shai : shou,d hold and rise
13:12 MJ : +1
13:12 Govind : +1
13:13 Gaurav : +1
13:13 Uttam : +1
13:13 Anubhav : bnf n nf are at disc to spot
13:13 Shai : roll is long 11990
13:13 Uttam : (12:56) Uttam : NF taking sup at prev IB of 11914(12:56) Uttam : some reds stuck
13:14 Sandip : bought back some nf at 11939
13:14 MJ : Thanks shai.
13:14 Uttam : cool Shai ๐Ÿ™‚ thanks for confirming that roll is long
13:14 MJ : @Shai June Day cot is?
13:14 MJ : 351075
13:14 MJ : Thanks for swapping 30 min.
13:15 Shai : done – (13:09) Gaurav : or can we switch the goto charts to june F
13:15 Shai : 30 mins on Go to is now June
13:15 Shai : BNF does not have any June big volumes yet so we stay with May
13:17 Shai : first of the Monday biggies at 11940
13:17 Shai : 11960 was also vpoc of election day
13:17 Uttam : for June?
13:17 Himanshu : Chief 155400 Green in NF in previous candle –
13:17 Himanshu : are rollw overs or OTF fresh long
13:18 Shai : we shoukd get 12020 quickly abv 11960 with sl of 11938
13:18 Shai : Yes Himanshu
13:18 Himanshu : ok – BNF estimate for today – 31700
13:21 Govind : For people who wwant to know about trend day afternoon pullback – please see this link. https://vtrender.slack.com/archives/C0N9BFAF4/p1558847802006500
13:22 Sandip : in this dip, options were still up.. quite positive now
13:23 Sandip : Like Uttam said NF looks like trend day up
13:23 Uttam : yes Sandip 11900ce had big green at open & OI of 11900pe has been rising since then
13:29 Sandip : I hope Shais tgt of 12020 hits today….mostly becausse ppl might have expected a consolidation move on Monday..and the reverse has happenned..
13:29 Shai : next step is abv 11960 only
13:30 Shai : continuation of friday at POC 11960
13:30 Sandip : right
13:32 Hari : can get dumped here NF
13:32 Himanshu : Dump Again
13:32 Sandip : Uttam, What are dark blue numbers? in 5 min orderflow?
13:33 Hari : below 895 only
13:34 Uttam : on the top?
13:34 Sandip : yes NF
13:34 Sandip : nono
13:34 MJ : COT.
13:35 Sandip : in the orderflow bar inside
13:35 Uttam : blue line?
13:35 Uttam : dPOC
13:35 Sandip : see red and green are agreesive players rigt…there are some blue numbers as well
13:35 MJ : Printed blue number. Small vol.
13:35 MJ : I guess.
13:35 Sandip : yes what MJ said
13:35 MJ : @Shai can validate.
13:35 Uttam : dPOC & poc of last bar
13:36 MJ : I remember he mentione long long back.
13:36 Sandip : not line
13:36 Sandip : like in the current bar …600..675..75
13:39 Uttam : the number is transparent with a blue background right?
13:39 Uttam : coming on the right hand side?
13:39 MJ : Uttam 1335-1340 bar check that 2700
13:39 MJ : That one.
13:39 Gaurav : IMO diagonal blue are against aggressive buy sell (green/reds)
13:40 Gaurav : commonality
13:40 MJ : Yes/ weak or small vol guys.
13:40 Shai : update – book half of this BTST and maintian 31280 TSL till tom on rest . cmp 31510- (15:06) Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional
13:40 Uttam : super Shai ๐Ÿ™‚
13:41 Shai : NF looks to be winding down also
13:41 Shai : needs fresh legs abv 11960
13:43 Hari : Mo also at +68
13:44 Uttam : dip to 11895 & 31375 coming then Shai?
13:44 Uttam : to complete a nice ‘p’ profile today?
13:45 Hari : should get to 860
13:46 Shai : MO needs to spike more
13:46 Shai : this is juist that time when small caps go crazy
13:46 Shai : mentioned on friday
13:46 Shai : you will see 20% numbers now
13:47 Hari : yeah, but profits getting booked today and nice PBs in cash scrips
13:47 Sandip : 11885 im level at the moment for longs..shud hold
13:48 Rushabh : shai just curious but whats the study behind this?(13:46) Shai : this is juist that time when small caps go crazy
13:49 Shai : one trip back to 11960 now as MB sets uop
13:49 Uttam : 24k red stuck at lows
13:49 Shai : 11925 cmp
13:49 Shai : sl is 11890 though
13:49 Himanshu : Chief -what level we can reenter – BNF
13:49 Sandip : yep…options held again this dip
13:50 Gaurav : (11:17) Gaurav : @Shai, your range for this year still stands at 10600 to 12600?
13:54 MJ : Sandip you keep DITM options for this ref check?
13:54 Sandip : Currently im tracking 11700,11800,,11900,12000 CE and PE both
13:54 MJ : Gracias!
13:57 Shai : yes gaurav for now no change – (13:50) Gaurav : (11:17) Gaurav : @Shai, your range for this year still stands at 10600 to 12600?
13:57 Shai : will update if we get a burst of volume abv 12000
13:58 Himanshu : (13:49) Himanshu : Chief -what level we can reenter – BNF
13:58 Shai : 31380
13:58 Himanshu : ok – Thx
14:01 MJ : Another 1.5L
14:01 MJ : Come on!
14:02 Azmath : MJ r they roll overs ?
14:02 Rajiv null : is this a roll
14:02 MJ : This one is green too for june.
14:02 MJ : Yes AZ.
14:02 Azmath : ok
14:02 MJ : Earlier at 11990 NF june this one 11981 NF june.
14:03 AN : another 1.5L in NF
14:05 Ashutosh : all rollovees
14:05 Seema : (14:03) AN : another 1.5L in NF….Buyer?
14:05 Ashutosh : rollovers*
14:06 Ashutosh : till thursday order flow will be screwed uttam ?
14:07 Uttam : we will need to take the OF with a little bit of caution this week
14:08 Sandip : Spot getting stonger slowly through the day..NF in small dicount for a n hour now
14:16 Anubhav : rs
14:21 Rahul Desai : Hi Shai
14:21 Rahul Desai : Hi Shai….”BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional
14:21 Rahul Desai : This is for May expiry?
14:22 Anubhav : ibh is support
14:22 Uttam : yes RahulD & part booking also given today with remaining to be trailed at cost
14:25 Amjad : call shd be carried?
14:25 Shai : will update
14:25 Amjad : ok
14:26 Shai : the marjet stalled . would still go higher but that call needs to be viewed so it does not lose a lot of prem
14:30 Uttam : 31600 BNF
14:30 Uttam : boom boom
14:30 Jitender : 31.5ce 245-306
14:31 Shai : 11954 – (13:49) Shai : one trip back to 11960 now as MB sets uop(13:49) Shai : 11925 cmp
14:31 Sandip : xD after squeezing longs for 2.5 hrs ๐Ÿ™‚
14:31 Shai : BNf for 31700
14:31 Uttam : those stuck reds being squeezed out in NF
14:33 Anubhav : 12000 call being written not making new highs still
14:35 Jitender : yh
14:35 Uttam : so 12k ka bhi tiem aayega
14:36 Uttam : 11900 pcr getting above 1 only now
14:36 Himanshu : today am bird watching
14:36 Himanshu : Missed all entries
14:37 Jitender : tats k…H
14:38 Jitender : u will get tem morrow
14:38 Shai : uodate – Book out the 31700 call at 192 cmp. we won’t carry
14:38 Himanshu : Yes – 31380 Would be good entry – Jit
14:38 Jitender : +1
14:39 Jitender : very godd trait fr a trader…2 not do emotional tradn n wait fr his system signal
14:39 Jitender : disclpline wins all wars
14:40 Hari : Shai, the excess outside range on 23rd should be ignored as it was on on A period?
14:41 Hari : *it was not on A period
14:49 Kandhasamy : i couldnot understand this chart
14:50 Shai : @Hari it was responsive selling
14:51 Shai : and came in C
14:51 Shai : so won;t consider it as anything big
14:52 Shai : I’m done for the day
14:53 Shai : will have a look at this 11960 F zone again tom
14:53 Shai : could be an important pivot for expiry on thursday
14:56 Himanshu : Chief – Huge disc in BNF to spot
14:56 Shai : yes
14:59 Himanshu : Does it indicated strength – for overnight l Positional
14:59 Shai : would cross 31700 tom
15:00 Uttam : today also can happen by close
15:00 Shai : everytime I say tom, the BNF has to come and slap me hard ๐Ÿ™‚
15:00 Uttam : lol Shai
15:00 Govind : Haha
15:00 Shubro : BNF is a bitch Shai
15:01 Shubro : ok traded late today 2 DT
15:01 Shai : who slaps hard ๐Ÿ™‚
15:01 Shubro : with a stiletto Shai it hurts
15:02 Shai : view is clean to 32000
15:02 Shubro : but lovely calls Shai
15:02 Uttam : 3:05 move coming
15:02 Shubro : clean trading day
15:03 Shubro : and Uttam add fuel to it….
15:03 Shubro : thot this was the 3:05 came early lol
15:03 Uttam : early means can be fake
15:03 Uttam : needs to start fresh leg from 3:05
15:04 MJ : Space for 11999?
15:04 Uttam : those big greens look like Friday shorts doing a SAR in NF
15:05 Shubro : oye MJ nicche aanne de rentry karna hai
15:06 Rajiv null : am
15:07 Psandeep : Booked 31300ce at 435. Wonderful day.
15:07 Shubro : bach gaya no 3:04
15:07 Shubro : 3:05
15:07 Uttam : now let the move come
15:07 Shubro : hehe Uttam
15:08 Shubro : u sorcerer man
15:08 Shai : one election day that zone below 11888 we marked as imp but after 12 the market never crossed abv it
15:08 Psandeep : Careful here option price started lagging on its own. If it wont fly Up quick here, may come down fast
15:08 Shai : today we are abv it fully
15:08 Shai : just one seller left at 12020 now
15:08 Shai : would be diff to cross that tom
15:09 Shai : but still PLR up
15:09 Shubro : but it will try which is good enuff for me ๐Ÿ™‚
15:09 Psandeep : took a last trade conta shorted at 430 SL 435
15:09 Psandeep : 31300ce …small sl
15:10 Psandeep : SL at cost
15:11 Shai : 12000 call also being writen- (15:08) Shai : would be diff to cross that tom
15:12 Shubro : looks like pause and rotation for a while Shai?
15:12 Shai : yes
15:12 MJ : Chief missed the screen in the break. 170k Seller of this series at 11944?
15:12 Shai : 11840 supp tom
15:13 Sandip : yep..out at 15 pts lost in last trade
15:13 Psandeep : 430 to 400..done for the day
15:13 Shai : yes MJ
15:13 Shai : +1 Sandeep
15:14 Psandeep : Nice trades Shai in bank nifty
15:14 Shai : Cheers
15:14 MJ : Thanks Shai.
15:15 Psandeep : bye all
15:16 MJ : Shubro lo ji.
15:16 MJ : neeche.
15:16 Thanika : +1 Sandeep!
15:17 Shubro : hehe thanks MJ
15:17 Shubro : anyways bye all +! day
15:17 Govind : Bye Shubro
15:17 Govind : CHeers
15:19 Himanshu : uttam
15:19 Himanshu : Do u suugest – BNF buy near VWAP
15:20 Uttam : too late in the day now Himanshu, better to enter fresh trade tom now
15:20 Sandip : gtg
15:20 Himanshu : ya for tom
15:20 Sandip : seyya tomm bye
15:20 MJ : Bye everyone.
15:20 Himanshu : I mean positional
15:20 MJ : Later alligator!
15:21 Govind : Another really good day of trading, making money and learning! Thanks Shai and BOT for the calls!!
15:29 Jitender : bye all
15:29 Govind : Bye guys
15:29 Thanika : bye all, have a nice evening!
15:29 Uttam : thanks All ๐Ÿ™‚ have a lovely evening
15:30 Gaurav : @UG please add both may and june charts now onwards, thanks in advance
15:32 Himanshu : Bye all
15:32 Himanshu : Thansk Uttam – Chief โ€“ Jit


09:20 Govind : Tatasteel was a good call by the BOT.
09:20 Govind : Gave the call on Firday
09:24 Govind : Only bought one lot. Up 3.3%, i.e., 17k
09:24 Govind : Awesome trade
09:31 Uttam : fresh buy in it again today
09:31 Govind : Yes Uttam, crossed 500 for a few seconds and now coming down a little bit
09:32 Govind : will wait to re enter at 501
10:03 Uttam : Shai above 500 TataSteel can go for that 515 tag?
10:10 Rushabh : shai view on LTFH? 130 acting as supply?
11:17 Shai : tata steel intra may not cross 503
11:18 Shai : but yes is good abv 493 for swing
11:19 Shai : LTFH intra supp today at 127 . may not corss 130 but good abv 127 now
11:19 Uttam : thanks Shai holding for swing only ๐Ÿ™‚
11:20 Uttam : swing can expect 550 in Tisco Shai
11:21 Uttam : ?
11:22 Shai : BNF 31445 . Intra book fully
11:25 Shai : technical move to 522 in steel
11:46 MJ : @Govind I was in for swing since friday morning added more at bot update. And today’s intra too.
11:46 Govind : +1 MJ
11:47 Govind : My target is 518/522
11:53 Rushabh : shai if long taken on friday exit or hold?(11:19) Shai : LTFH intra supp today at 127 . may not corss 130 but good abv 127 now
12:13 Uttam : (11:25) Shai : technical move to 522 in steel…thanks Shai
12:14 Uttam : (10:03) Uttam : Shai above 500 TataSteel can go for that 515 tag?…getting there 510 so far
12:27 Uttam : Trend Day mostly in TataSteel Shai?
12:28 MJ : Uttam you in it for swing/
12:28 MJ : ?
12:29 Uttam : yep
12:29 Shai : hold 127 SL – (11:53) Rushabh : shai if long taken on friday exit or hold?(11:19) Shai : LTFH intra supp today at 127 . may not corss 130 but good abv 127 now
12:29 Uttam : moving away from weekly composite is TataSteel
12:30 MJ : Okay yes, 544.95 weekly seller test should come soon there.
12:35 Rushabh : thanks shai
12:47 MJ : Shai if you have data for Cash script. Can you check Welent once? Thanks
12:47 MJ : Looking for 8 to 12 week hold.
13:16 Uttam : Shai HDFCBank has res here at 2420?
13:38 Uttam : (10:03) Uttam : Shai above 500 TataSteel can go for that 515 tag? 512.5 so far
13:49 Govind : MJ/Uttam, RIL is refusing to play ball
14:20 Himanshu : Govind RIL needs to hold gap up zone
14:21 Himanshu : 1315-16 to levels to watch for spot
14:36 Govind : Axis looks good MJ
14:36 Govind : Bot just gave a call
14:37 Govind : CLear blue sky!!
15:02 MJ : Yes govind
15:03 MJ : Traded few points.
15:03 Govind : Cool

Order Flow charts dated 27th May

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

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

NF


BNF


Room Chat

10:26 Shai : (10:26) Shai : Trade- Buy 11800 call at 55- 56 sl of 36 tgt 92

11:10 Shai : (11:10) Shai : 11800 ce at 69. Book half here and ride some at cost

12:18 Shai : (12:18) Shai : Update – Book the 11800 call fully at 78 cmp .

12:22 Shai : (12:22) Shai : Intra – Buy BNF 30850 sl of 30730 tgt 31050

12:41 Shai : (12:40) Shai : Maintain a sl of 30705 for the BNF long trade

12:52 Shai : (12:51) Shai : BNF book half at 30955 . Raise cost to cost on resr

12:59 Shai : (12:59) Shai : BNF 31023 near tgt . Booj full

14:09 Shai : (14:09) Shai : Trade – Buy and hold 11900 call at 72 sl of 52 tgt 106/ 136

14:38 Shai : (14:37) Shai : scratch out the 11900 call near 71 . we won\’t carry

15:07 Shai : (15:06) Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional


09:03 Shai : GM all
09:03 Amjad : gm
09:04 Rahul Desai : GM all
09:05 Anubhav null : gm
09:05 Anubhav null : plr up.today?
09:07 Ashutosh : Gm all
09:08 Shai : https://vtrender.in/market-profile-analysis-dated-23rd-may/
09:10 Govind : Good morning guys
09:10 Shai : 15:17 Shai : High risk long for tom sl of 11610. 15:20 Shai : tgt is 11795-11810
09:10 Shai : Imm rewward for thos ewho followed this yesterday
09:11 Govind : Exit right away Shai?
09:11 Shai : keep an eye on the mid cap – small cap space for the next one week
09:11 Shai : if we get upricks then that is the area which should run now better than large caps
09:11 Suyog : gm all..
09:14 Himanshu : Hi Good Morning all
09:16 Thanika : GM all
09:17 AN : GM all
09:17 Shai : done 11788- (09:10) Shai : 15:17 Shai : High risk long for tom sl of 11610. 15:20 Shai : tgt is 11795-11810
09:17 Shai : if in book
09:17 Govind : Yes, booked
09:18 Govind : Thanks Shai.
09:18 Govind : Vix at 17.4
09:19 Govind : Will vwap hold?
09:19 Shai : key was that last 40 mins COT . On event day it ihas 85% accuracy
09:21 Anubhav null : thnx
09:24 Shai : open in spike and range
09:24 Uttam : Good Morning All ๐Ÿ™‚
09:24 Shai : expected supply 11790- 11810 zone again today
09:25 Uttam : yet another day when Neutral Extreme not giving a follow through plus we had the COT confirmation at close yesterday
09:25 Shai : bullish for a quick 100 if crossed
09:25 Shai : +1 Uttam
09:27 Uttam : a) Immediate resistance is at 11715-722 above which NF can tag 11750-759 & 11778-788
09:27 Uttam : High in NF so far 11788.8
09:28 Suyog : guys, the June options chart are also plotting now on mplite.. 45DTE logic applied on monthly options now.. please check that out..
09:28 Shai : +1
09:29 Uttam : super Suyog ๐Ÿ™‚
09:29 Uttam : big writing in 11700pe looks like
09:34 Seema : (09:29) Uttam : big writing in 11700pe looks like………..Will act as SUPPORT?
09:36 MJ : Shai can we go back to mb being in focus on the room real estate?
09:37 MJ : Only if everyone is in agreement to that setup.
09:37 Anubhav null : some rb happening
09:37 Uttam : yes some reds getting stuck at lows
09:37 Anubhav null : in this candle
09:38 Shubro : 11600 PE seeing volumes?
09:38 Uttam : but looks like they getting some support?
09:38 Shubro : GM all
09:39 Shai : 11667 is the supp
09:39 Rohit : @shai there is prob with openinig option chats thru joinme
09:39 Uttam : yes blank screen in options Shai
09:41 Thanika : @Uttam: What does that pink band means in NF at lows? I remember seeing them at high only so far
09:41 Shai : better?- (09:39) Rohit : @shai there is prob with openinig option chats thru joinme
09:41 Uttam : 43k green in NF stalling the move lower
09:42 Uttam : tight at support of 11695
09:42 Rohit : @shai ..thanks! now it can bee seen
09:42 Uttam : b) Staying below 11695, the auction can move to 11660-650 & 11620
09:42 Uttam : 11696 low & RB right above it
09:43 Uttam : the pink band has just a 1575 red so can ignore Thanika
09:44 Uttam : the band has come as 0 in the buyer side
09:44 Thanika : ok, thanks, Uttam ๐Ÿ™‚
09:44 Uttam : check the numbers when you see any green/pink band
09:45 Thanika : will do. The pink/green band comes when the imbalanc is beyond certain ratio?
09:45 Uttam : yep
09:46 Uttam : and against 0 ratio becomes infinite ๐Ÿ˜‰
09:46 Uttam : we have a green back at top on 5min too but again just a 1125 buyer
09:46 Uttam : band*
09:48 Thanika : ok, thanks, and this imbalance for colour is calculated diagonally i assume (and not horzontally)
09:48 Govind : Suyog, what would you consider as a normal Vix range, 12 to 16?
09:48 Anubhav null : vwap test coming
09:48 Uttam : yes
09:49 MJ : Yes Thankia.
09:49 Uttam : 11738 on watch in NF
09:50 Madhu : good morng to all
09:50 Suyog : Govind, depends on the market.. 12-14 was normal for almost a year or 2.. but in big pic, 12-19 i think is historically the range..
09:51 Govind : Ok Suyog, thanks.
09:51 Suyog : Shai could comment better about it though..
09:54 Uttam : 20k red at vwap
10:01 Hari : Shai, can we get back to original scheme of moving 30 mins to the last pane, if Jit is ok with that
10:03 Uttam : (09:49) Uttam : 11738 on watch in NF(09:54) Uttam : 20k red at vwap
10:03 Hiren : 11650 coming?
10:03 Uttam : NF made high of 11733
10:03 Uttam : 11695 needs to break & sustain
10:08 Govind : Plenty of single prints below 11640 Uttam
10:08 Govind : Could do 100 points if volumes are there
10:10 Uttam : large IB in both
10:11 Uttam : plus A period singles at top
10:11 Uttam : however volumes on the lower side
10:11 Uttam : needs to get out of pday range
10:12 Uttam : else could form a ‘b’ profile
10:16 Anubhav null : hmm
10:20 Anubhav null : greens r back
10:21 Hari : Shai, u t
10:23 Shai : yes
10:24 Shai : 11678 lows with RB lower – (09:39) Shai : 11667 is the supp
10:25 Hari : 10:01 Hari : Shai, can we get back to original scheme of moving 30 mins to the last pane, if Jit is ok with that
10:25 Hari : thanks for the change Shai
10:26 Hari : Looks quite nice now
10:26 Shai : Trade- Buy 11800 call at 55- 56 sl of 36 tgt 92
10:27 Shai : +1 @Hari
10:27 Shai : This CE will boom up abv 66
10:27 Shai : till them it is rotational
10:29 Shai : New auction in the NF from today as it gauges the impact of the news of yesterday
10:29 MJ : Thanks shai.
10:29 Shai : we are in the composite of april still
10:29 MJ : For that mb. @hari too for pushing ๐Ÿ™‚
10:29 Shai : 11650 spot is still the number for the series as well as the next one
10:30 Uttam : +1 Shai
10:31 MJ : 30 min OF needs small adj?
10:32 Hari : +1 MJ, the joy of trading the MD with 5 mins OF next to it ๐Ÿ™‚
10:32 Suyog : Shai, looks like rollovers also happening?
10:32 Boppanna : Shai view on BNF pls
10:32 Hari : *MB
10:33 MJ : Classic on those OAIR days @Hari
10:33 MJ : Copyright that MB chart Shai ๐Ÿ™‚
10:34 Shai : yes time for rolls
10:34 Thanika : +100 (10:33) MJ : Copyright that MB chart Shai ๐Ÿ™‚
10:40 Shai : crosses vwap we go staright to 11788
10:41 Thanika : waiting for that Shai ๐Ÿ™‚
10:43 Uttam : BNF needs to overcome couple of RS here
10:43 Uttam : NF is looking good for upside
10:45 Uttam : again getting seller at vwap NF
10:45 Uttam : last time it was 20k this time 11k with 17k green stuck
10:46 Uttam : C making an inside bar in both
10:46 Uttam : lets see if D has any intention to move out
10:47 MJ : Some late buyers waitng for rescue in that 725 730 zone too uttam.
10:47 Anubhav null : yesterday also d cbanged the trend
10:48 Uttam : yes Anubhav & after a huge IB range it was expected that C could fail but instead C was bullish & D failed
10:52 Uttam : 11738 needs to taken out
10:52 MJ : LVN there uttam?
10:53 Uttam : morning IS
10:53 Uttam : plys singles of A period start from 11733
10:55 Uttam : greens at vwap
10:55 Uttam : trifecta too
10:56 Thanika : good omen for up?
10:56 Uttam : good omen already started when Shai gave that 11800CE call ๐Ÿ™‚
10:56 Thanika : Yes, true, i am long with that! ๐Ÿ™‚
10:57 MJ : Uttam that 11722 playing good pivot last few sessions.
10:59 Uttam : yes MJ this 11715-722 zone attracting good volumes
10:59 Shai : BNF is too coiled
10:59 Shai : is not allowing space to expand
10:59 Shai : unless volume expands of coirse
10:59 Shai : course*
10:59 Uttam : yes Shai
11:00 Uttam : (10:43) Uttam : BNF needs to overcome couple of RS here
11:00 Shai : watch that volume tab velow – if it increases to dark blue we may have OTF
11:00 Uttam : NF into the morning singles
11:01 Uttam : 11738.2 high in NF so far, supply getting absorbed looks like
11:01 Uttam : greens
11:03 MJ : Shai slight change of hue in the vol tab of 5 min bar denotes vol ex?
11:03 Uttam : vols inceasing
11:03 Shai : yes- (11:03) MJ : Shai slight change of hue in the vol tab of 5 min bar denotes vol ex?
11:03 MJ : Like earlier days when the entire bar used to be marked with a opaque layer?
11:04 Shai : gets darker
11:04 MJ : nifty feature. Thanks.
11:04 Shai : key is to watch it at vwap bands
11:04 MJ : Yes.
11:04 Shai : if it keeps getting darker vwap band will stretch
11:04 Uttam : last 5min bar had1.5L vols
11:04 Thanika : @Uttam: is that 24K in NF, RB
11:04 Uttam : highest of last few bars
11:05 Uttam : NF boom
11:06 Shai : upper MB
11:06 Shai : 11732 a supp now’
11:07 Uttam : 11800ce at 66
11:08 Govind : RIL showing some giddyup
11:09 Shai : vol is good
11:10 Uttam : 2.4L on 5min in next bar NF
11:10 Uttam : 11750 looks like IB
11:10 Shai : 11800 ce at 69. Book half here and ride some at cost
11:11 Shai : samll pink band in that CE
11:11 Shai : but can buy the dip agaoin
11:14 Uttam : BNF getting big vols
11:15 Uttam : on 30mins both NF & BNF gave IB at 11702 & 30660
11:16 Uttam : last bar RS at 11750 & 30770
11:16 Uttam : easy 50 & 100 points
11:16 Uttam : just need to spot these 4 concepts in OF
11:16 MJ : +1 uttam
11:17 MJ : and mb gives us where to focus on possiblity of them coming in.
11:17 Uttam : 11695 was a hvn & now we are at the other hvn of 11745
11:19 Uttam : a) Immediate resistance is at 11715-722 above which NF can tag 11750-759 & 11778-788
11:19 Uttam : NF did first part of this hypo…high in this bounce 11758.8
11:19 Thanika : Are you referring this n 30mins chart? (11:16) Uttam : last bar RS at 11750 & 30770
11:20 Uttam : yes Thanika
11:20 Govind : +1 Uttam
11:38 MJ : break that 11765 now nf. enough.
11:39 Thanika : @Uttam: In the 30mins chart, what does the purple lines indicate?
11:42 Uttam : those arte hvns I guess Thanika, will need to confrim with Shai once though
11:43 Anubhav null : here goes
11:43 Govind : 50k green
11:43 Govind : wow
11:44 MJ : Anubhav saw that dip just came to 11732? mb yellow zone high 11733
11:44 Hari : that is buy abv open price. trapped
11:45 Shai : held and 100 up- (09:39) Shai : 11667 is the supp
11:45 MJ : +1 chief.
11:45 Govind : +1
11:45 Shai : 11770- (10:40) Shai : crosses vwap we go straight to 11788
11:45 MJ : 3 meaty trades for the day.
11:45 Shai : 11745 supp for day now
11:45 MJ : Thanks shai.
11:46 Shai : big one is still abv 11790- 11810 in second half
11:46 Shai : maybe near close
11:46 Thanika : awesome, Shai!
11:46 Himanshu : boom
11:46 Shai : steady buyers in the 11800 call
11:47 Shai : those big guys near 50 tilted the tape
11:47 Shai : see the COT in the 11800 call
11:47 Uttam : +1 Shai can get the SL below 60 in that CE now?
11:47 Uttam : 64 seems good sup?
11:51 Devendra : 8-+18+.2473
11:53 Shai : 53 k buyer is there 11765
11:53 Shai : fairly late in the move
11:53 MJ : 40200 in next 5 min too.
11:53 MJ : is he a buyer as well?
11:55 Anubhav null : vwap test coming i guess
11:57 Uttam : a) Immediate resistance is at 11715-722 above which NF can tag 11750-759 & 11778-788
11:57 Uttam : playing out
11:59 Uttam : BNF got a RB at vwap
12:00 Uttam : RE coming?
12:00 Uttam : in NF
12:00 MJ : Get yvwap uttam? ๐Ÿ™‚ 1.5 ib is good too.
12:00 Anubhav null : will tag 11826 if high breaka
12:01 Anubhav null : trying hard
12:01 Anubhav null : reds missing still
12:01 Hiren : excellent buy call shai.. exited fully..
12:04 Uttam : Shai chance of 3 figures in that CE ๐Ÿ˜‰
12:04 Hari : Shai, do you attach any importance to the excess at the top in both yesterday or was that just an event day phenomena
12:05 Uttam : Hari there was no excess as in no singles at top, smart buys bought at open & booked out so trapped late longs had to puke I feel
12:06 Uttam : but yes that 11870-880 imp ref to be taken out for upside
12:06 Uttam : shorts getting squeezed out today looks like?
12:07 Anubhav null : wow
12:07 Govind : big greens
12:07 Uttam : COT 3L
12:07 Anubhav null : sux
12:07 Anubhav null : such big numbers
12:08 Uttam : 11811 first ref on watch
12:08 TP : GA all.
12:08 Uttam : wassup Tej ๐Ÿ™‚
12:08 MJ : GA tej ๐Ÿ™‚
12:08 TP : Uttam in your city.
12:08 Uttam : yes Sir, looking forward to meet you soon
12:08 TP : same here.
12:10 Uttam : that 11800ce high so far 88.8
12:10 MJ : Ouch.
12:10 TP : ib extension right when i log in.
12:10 Uttam : you did it Tej ๐Ÿ˜‰
12:10 Hari : Hi Tej
12:10 TP : got that ce aroung 11.34 for 60 odd i guess .
12:10 Uttam : 30800 has a 16k buyer in BNF
12:10 Uttam : cool
12:10 TP : Hi Hari.
12:11 Hari : Missed u r commentary yday a lot
12:11 Uttam : just raised the tsl in that to 69
12:11 MJ : That and the 46k on nf top
12:11 MJ : both late lateef.
12:12 TP : Yes Hari yesterday was a bit hectic for me …but when 11920 spot broke was a clean short.
12:12 Himanshu : Uttam – Hari – BNF volume is good today – reminds me of last friday ..
12:13 Uttam : Spot still in IB
12:15 Anubhav null : buyers stuck
12:15 Hari : gonna be fryday I guess, both sides
12:16 Hari : OTM CEs and PEs are nearly OH
12:16 Anubhav null : false break
12:16 Uttam : probabale FA at top in NF
12:17 Anubhav null : yup
12:17 Anubhav null : reds r back
12:18 Shai : Update – Book the 11800 call fully at 78 cmp .
12:18 Shai : day high was 88 against tgt of 92
12:19 Sandesh : hiiiiiiiiiii
12:19 Shai : decisive phase for close up now as this expected supply enters- (09:24) Shai : expected supply 11790- 11810 zone again today
12:20 Uttam : hey Sandesh….wassup ๐Ÿ™‚ long time
12:20 Shai : Today’s close
12:20 Sandesh : ๐Ÿ™‚
12:20 Shai : today’ buyers v/s yesterday sellers
12:20 Uttam : BNF turning on into beast mode looks like
12:21 TP : Shai if this zone 790-810 crossed upside objective.
12:21 Uttam : 11832 small hurdle else 11870-880 coming Tej
12:22 Shai : Intra – Buy BNF 30850 sl of 30730 tgt 31050
12:22 TP : tks Uttam .
12:22 TP : still holding that ce half qty.
12:23 Shai : +1
12:23 Shai : 11895- (12:21) TP : Shai if this zone 790-810 crossed upside objective.
12:24 Shai : yesterday’s second half MB
12:24 TP : Tks chief need to gather beer monry for Uttam ๐Ÿ™‚
12:24 Shai : ๐Ÿ™‚
12:24 Shai : Uttam likes Australian ๐Ÿ™‚
12:24 Rushabh : MB shai?
12:24 Uttam : Yes Shai ๐Ÿ™‚
12:24 TP : Woww , tks for the update Chief.
12:26 Shai : ๐Ÿ™‚
12:26 Shai : That small zone abv 810 yesterday where we held all afternoon- (12:24) Rushabh : MB shai?
12:27 Rushabh : Oh
12:27 Rushabh : shai could you reply on the stocks?
12:27 Shai : 11800 ce – http://mplite.vtrender.com/?symbol=O_NIFTY11800CE20190530&startDate=07-05-2019&nDays=8&tpo=1
12:29 Shai : That compos is royghly abv the L highs of yesterday- http://mplite.vtrender.com/?symbol=NIFTY&startDate=14-05-2019&nDays=8&tpo=2
12:38 Himanshu : vwap test – Uttam ?
12:40 Shai : Maintain a sl of 30705 for the BNF long trade
12:45 Shai : one time frame up still steady in NF
12:46 Shai : from C
12:48 Shai : BNf wanting to poull away
12:48 Shai : cmon
12:48 Boppanna : Get above 900
12:49 MJ : Series poc does it again ๐Ÿ™‚ (11:38) MJ : break that 11765 now nf. enough.
12:51 Shai : BNF book half at 30955 . Raise cost to cost on resr
12:52 Boppanna : +1 Shai
12:52 Shai : 100 plus and some reds from here – (12:48) Shai : BNf wanting to poull away
12:52 Shai : just pure #orderflow
12:52 Sandip : +1 Shai
12:52 Azmath : +1 Shai
12:52 Govind : +1
12:53 Devendra : +1
12:53 Shai : 31050 is doable . hold some
12:54 MJ : +1 shai thanks.
12:58 Uttam : (12:20) Uttam : BNF turning on into beast mode looks like
12:58 Govind : boom
12:59 Shai : BNF 31023 near tgt . Booj full
12:59 Uttam : super call Shai ๐Ÿ™‚
12:59 Himanshu : Chief +1000
13:00 Himanshu : Great call
13:00 Shai : Cheers
13:00 Shai : NF for 11890
13:00 Jayanth : ๐Ÿ™‚
13:00 Boppanna : Neat trade Shai
13:00 Govind : Booked at 31060
13:00 Govind : Thanks Shai!
13:00 Shubro : what a trade Shai +1 i just got abck to desk and DT done
13:00 Uttam : first time traded BNF and 30851 to 31068
13:01 MJ : Cheers! Uttam.
13:01 Uttam : (12:20) Uttam : BNF turning on into beast mode looks like…the signals were here
13:01 MJ : 3 short of 1.5 ib (12:00) MJ : Get yvwap uttam? ๐Ÿ™‚ 1.5 ib is good too.
13:01 MJ : done
13:02 Shai : still one time frame up
13:02 Uttam : e) If BNF sustains above 30950, the auction could tag 31030-50 / 31090-105 & 31165
13:02 MJ : +1 yes shai
13:02 Shai : MB chart catched it nicely
13:02 MJ : 11680 dot.
13:02 MJ : ๐Ÿ™‚
13:02 Shai : 11805 sl of buyers
13:02 MJ : Love that mb.
13:02 Uttam : @Hari this is why was saying not that bearish yesterdays upmove failure
13:02 Shai : BNF can heistate here at 31050
13:03 Boppanna : Congrats Uttam 13:00 Uttam : first time traded BNF and 30851 to 31068
13:04 Shai : Nice .
13:06 Sandip : sellers in NF are there..but not strong enough…
13:06 MJ : Yes sandip 29700 on top
13:07 MJ : 11842 level.
13:07 Uttam : thanks Bops & Shai, till now used to trade only on options but was not able to get the full moves
13:07 Uttam : and futures much easier to manage
13:09 MJ : Price has been probing yvwap levels on both sides since last few profiles.
13:09 MJ : Won’t be surprised if we do again ๐Ÿ™‚
13:09 Boppanna : 160 test coming in BNF?
13:10 MJ : Geddit!
13:10 Uttam : yes 31165
13:10 Uttam : above it 31235-250
13:10 Boppanna : 330
13:10 Uttam : yes next zone 31310-340
13:10 Shai : BNF has big upsides
13:11 MJ : Aye shai.
13:11 MJ : 218
13:11 Govind : HDFC twins and RIL are surging
13:11 Shai : parabola
13:11 Uttam : 31235-250 / 31310-340 / 31395 / 31440 / 31510-536 / 31600 / 31665 / 31735
13:11 Shai : buy 32000 call if liquid
13:11 Uttam : levels in BNF to watch
13:12 Shai : parabola tgt is 32034
13:12 Uttam : +1 Shai 32013 was my last in the sheet ๐Ÿ˜‰
13:12 Anubhav : RS IN NF
13:13 Uttam : 2L vol in 5min BNF
13:13 Govind : Not available Shai
13:13 Govind : Outside allowed range
13:13 Uttam : wait for sometime Govind, it will com in range ๐Ÿ˜‰
13:15 Uttam : NF getting to that 11870-880 zone
13:15 Jayanth : can we buy 31500 ce BNF ??
13:16 Boppanna : Shai big buying in 31500?
13:18 Boppanna : 31000pe at yesterdays lows hence the pause
13:20 Shai : haevn’t plotted these BNF options cos of the voltility
13:20 Shai : so don’t have levels
13:20 Shai : roughly 31040 is now a supp +/-
13:20 Shai : and if auction stays abv has legs for 1000 in it
13:20 Shai : 2 days hold
13:20 Shai : avoid below 31040
13:24 Boppanna : COT -84k in last 30 min BNF
13:25 Hiren : heard news that ex FM no more
13:25 Uttam : AJ?
13:25 Uttam : no wonder he was not there in any public pics recently of BJP meets
13:26 Shai : this dip should be bought
13:26 Uttam : yet another prime leader of NDA gone because of health reasons
13:26 Shai : let’s see
13:26 Shai : is a PBL scenario acc to #marketProfile
13:26 Shai : 11795 supp
13:26 HPandey : whats PBL shai?
13:26 Uttam : (13:10) Uttam : above it 31235-250….BNF high 31248.4
13:26 Uttam : pull back low
13:26 HPandey : ohh yeah…
13:27 Uttam : 30896 is the ext handle in BNF
13:27 Shai : who? – (13:25) Hiren : heard news that ex FM no more
13:27 Uttam : Arun Jaitley?
13:27 Jayanth : no news yet
13:27 Uttam : but he has been missing from public view since long
13:28 Hiren : yes AJ
13:28 Sandip : bought some at 11820..lets see
13:29 Hari : fav set up, NF 1.5 IB fail ๐Ÿ™‚
13:29 Jayanth : @Shai BNF hold r exit ???
13:30 Himanshu : Uttam – 31165 0 30995 – contra trade
13:30 Himanshu : first time in life in BNF F
13:30 Shai : quit- (13:29) Jayanth : @Shai BNF hold r exit ???
13:30 Jayanth : okay TY
13:31 Shai : no greens let’s review near 30860
13:31 Anubhav : that big seller at top made money
13:32 Shai : BNF ๐Ÿ™
13:33 Sandip : I too got out 5 pts below cost
13:34 Sandip : options taken a slight turn from top in nf
13:35 Anubhav : ywap holding in bnf
13:35 Anubhav : maybe 1 more rise
13:39 Sandip : Nf looks like it cud go for 11770 near vwap..unles buyers come up again
13:44 Govind : BNF 30 min bar turned into a RB
13:46 Shubro : yes going up Govind
13:47 Govind : Hi Shubro
13:48 Anubhav : reds again
13:48 Anubhav : in nf
13:49 Shubro : Hey Govind this is turning to be important area for BNF
13:50 Anubhav : momemntum stopped
13:50 Shubro : yeah stopped
13:52 Shubro : resting here
13:52 Sandip : Uttam, why is there a big red horizontal bar in NF in orderflow..that bar has more buyers, it shud be green? what does it mean?
13:52 Shubro : small sell vols only
13:52 Anubhav : cot has dropped
13:52 Anubhav : high done looks like
13:52 Anubhav : in nf
13:52 Shubro : 11803 important to hold
13:54 Sandip : @ Uttam, Shai?
13:54 Sandip : at 11815
13:55 Thanika : @Sandip: Uttam explained inthe morning, and we can ignore that
13:55 Thanika : this pink bar is due to the buy vol diagonally is zero
13:56 Sandip : oh ok, srry i was not there in the morning. Thanks Thanika.
13:57 Thanika : i am not sure, what is the ratio thoiugh to get that pink. It is definetly imbalance at the horizontal as well.
13:59 Sandip : ok np
14:00 Shubro : i think this will fall now
14:02 Sandip : Yes Shubro, not many buyers have come back in at the moment..lets see what happens in next 45 mins
14:04 Shubro : oops
14:04 Amit : now they came
14:05 Thanika : looks like one more bout of distribution!
14:05 Uttam : hi Sandip sorry was away from screen, is that pink bar still visible?
14:06 Shai : 11820 supp now is going to 11890/ 11960
14:08 Sandip : Short covering that last 5 mins bar in nf
14:09 Shai : Trade – Buy and hold 11900 call at 72 sl of 52 tgt 106/ 136
14:09 Sandip : No worries Uttam, now not there ๐Ÿ™‚
14:09 Shai : may have to hold till Monday
14:09 Uttam : next time it comes will check & let you know but most of the color codes are for indicating imbalance
14:11 Sandip : ok got it
14:14 Sandip : First profit booking cleans out the long retail Stoplosses….now short covering..did the same to sellers stoplosses ๐Ÿ™‚ circus full on ๐Ÿ™‚
14:15 MJ : +1 S
14:16 Shai : (13:26) Shai : this dip should be bought(13:26) Shai : let’s see(13:26) Shai : is a PBL scenario acc to #marketProfile(13:26) Shai : 11795 supp
14:17 Shai : went to 11789
14:17 Shai : that’s why always use Market Profile with the Orderflow
14:17 Thanika : very nice.
14:17 Shai : and people think looking at bid and ask prices is the Orderflow
14:18 Thanika : what is PBL Shai?
14:18 Sandip : Shai PBL =?
14:18 Shai : pull back low
14:18 Sandip : Thx
14:18 Thanika : ha ok! ๐Ÿ™‚
14:18 Shai : looking for one sweep up to 11890
14:18 Shai : if market behaves even 11960 by close
14:18 Uttam : Amen Shai ๐Ÿ™‚
14:18 Shai : sl 11820 thought 11790 is for the swing now
14:19 Uttam : poor highs in NF need to be addressed
14:19 Uttam : one more ext handle there please
14:20 Hiren : where is downside VPOC of NF?
14:20 Shai : 11785
14:20 Hiren : ok thanks\
14:22 Uttam : trifecta in NF
14:22 Shai : yes this zone yesterday was very tricky 11870/ 11890
14:23 Shai : just be careful here guys
14:23 Shai : If you recollect yesterday was mentioning repeatedly 11888 as supp post A
14:24 Anubhav : calls not making new highs
14:24 Uttam : fresh BO can come then
14:24 Shai : That AJ news is every where now
14:25 Uttam : but no official announcement right?
14:25 Shai : yes precisely
14:25 Shai : I don’t undertand how someone’s passing away is a breaking news . Let the news come
14:25 Uttam : guess its a rumour based on the fact he is not been seen
14:26 Uttam : he was not there yesterday also
14:26 Jayanth : news is governor is admitted to aims
14:26 Uttam : may be undergoing treatment
14:27 Gaurav : he was in twitter yesterday,,
14:27 Uttam : twitter he is active
14:30 Jayanth : yes AJ it is
14:30 Jayanth : may fly to london for treatment
14:32 Shibu s : i think next one will be swamy…….and NF is murmering om nama sivaya
14:32 Anubhav : close at vwap uttam wt say?
14:32 Anubhav : nf
14:33 Uttam : the last hour starts on a Friday ๐Ÿ™‚
14:33 Uttam : expecting a close at hgihs Anubhav, lets see
14:34 Uttam : need to take out that 11870-880 zone thoguh
14:34 Uttam : 10mins for this bar to close
14:37 Shai : call decays coming in
14:37 Shai : scratch out the 11900 call near 71 . we won’t carry
14:38 Deepak : theresa may resigned
14:38 Shai : is losing premium quickly
14:39 Shibu s : bullish…14:38 Deepak : theresa may resigned
14:42 Anubhav : cot going down
14:43 Anubhav : weekend risk
14:43 Sandip : theresa may resigned so what ..dosent Namo winning count for nothing!!! xD
14:44 Anubhav : yes nf bounced from 11160 to 12000 coz of namo only…hope rally
14:45 Govind : mini boom
14:45 Thanika : Uttam: That pink band was similar to this
14:45 Shubro : dodgy bloody trade location area BNF
14:46 Govind : Near yvwap Shubro?
14:47 Shubro : ok so so but lets see where it ends wouldnt trade anymore
14:48 Shubro : cheap volumes if you get what i mean
14:48 Govind : hmm
14:48 Madhu : …..
14:49 Shubro : moonday special hoga if we hold these levels
14:49 Shubro : Madhu keyboard ka kuch kar
14:49 Shubro : ๐Ÿ˜›
14:50 Govind : Short hand
14:50 Shubro : i thot Groot dialect
14:50 Govind : ๐Ÿ™‚
14:51 Shubro : yeh dek Govind ywap test
14:51 MJ : Shubrooo!
14:51 Govind : Yeah, it has been dancing there forever
14:51 Shibu s : some one is absorbing all the supplies
14:51 Uttam : BNF has been coiling after that BO bar
14:51 Uttam : can it finish with a flourish?
14:52 Uttam : triple inside bar it was in K period
14:52 Uttam : L still inside K
14:52 Uttam : 3:05 move coming today?
14:52 Shubro : i think it can but is there time today
14:52 Shubro : MJ banky banky?
14:52 MJ : ๐Ÿ˜‰
14:52 MJ : I am with uttam on DHI.
14:52 Shubro : hmm
14:52 Shubro : letes see
14:52 Govind : Me all out
14:53 Govind : just watching
14:53 Shubro : bunny here is short
14:53 Uttam : reds in NF
14:53 Uttam : trifecta
14:53 Uttam : but at lows of the bar
14:54 Anubhav : come on now break ibh
14:54 Anubhav : louse reds
14:54 Rushabh : smallcap index above yesterday high
14:54 Shubro : crap
14:54 MJ : Yeah rushab.
14:54 Anubhav : failed again
14:54 MJ : Rushabh*
14:55 Shubro : looks like distribution now in this upper zone
14:55 MJ : yvwap is at 11878 we did 11874 so far. now just close at highs please. (12:00) MJ : Get yvwap uttam? ๐Ÿ™‚ 1.5 ib is good too.
14:55 Rushabh : amazing shai for pointing out in the morning
14:55 Shubro : for BNF
14:55 Rushabh : superb
14:56 Uttam : told ya Mihir 11870-880 imp zone to cross
14:56 Uttam : big fight on here
14:56 Shubro : BNF POC close
14:56 MJ : Yes uttam ๐Ÿ™‚
14:56 MJ : Tug of war?
14:56 Anubhav : hehe
14:57 Shubro : papad on
14:57 Uttam : 7 more mind
14:57 Uttam : mins
14:57 Sandip : why 7 Uttam?
14:57 Anubhav : gimme red!
14:57 Uttam : 3:05 many times a move starts which goes into the close
14:58 Rushabh : break of what on NF will be bad for bulls uttam?
14:58 Uttam : 2:45 normally is the spike time but if we dont leave an ext handle then can look at 3:05
14:59 Sandip : ooh good to know
14:59 Sandip : I too am looking for a spike
14:59 Himanshu : chart gone chief
14:59 Uttam : Jit had told me this once so observing from then
14:59 Govind : Charts fine HImanshu
14:59 Uttam : chart there Himanshu
15:00 Shubro : i call it spike lee fast and furious
15:00 MJ : Decent COT after yesterday.
15:00 Uttam : BNF also looks like the shorts in that move up have covered?
15:01 MJ : Guys observing COT. My observation is Rate of change in COT on 30 gives lot of clues.
15:02 Sandip : quite a bit of short covering and profit booking in the 11860-11800 zone…options pointing slightly up..after that initial dip..lets see
15:03 MJ : Aye aye aye!
15:04 MJ : yvwap tagged phew.
15:04 MJ : Good to be aligned with Uttam’s view.
15:04 Shubro : done 2DT
15:04 Govind : Nice
15:05 Shubro : please change to my mood from yest
15:05 Shubro : pleasant change *
15:05 Govind : Me too
15:05 Shai : too late this move
15:05 MJ : Great going Shubro and Govind.
15:05 Govind : Boom
15:05 MJ : Cheers.
15:05 MJ : Yes shai.
15:05 Shai : could have come a bit earlier
15:06 Sandip : phew
15:06 Rushabh : shai monday looking positive?
15:06 MJ : Shubro banky banky ๐Ÿ™‚ (14:52) Shubro : MJ banky banky?
15:06 Shubro : banky now wanky
15:06 Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional
15:06 Govind : ENtered BNF at 31150 dpoc
15:07 MJ : 11838 to 11887 In this move : )
15:07 Sandip : finally made some 40 points off nifty..long wait
15:07 MJ : Cheers Sandeep.
15:07 Shubro : cheers +! Sandip
15:07 Shubro : allright guys gotta run
15:07 Sandip : thx guys
15:07 MJ : That 820 trade was nice one. Sudden dip to 11790.xx was to catch sl I guess.
15:08 Govind : Bye SHubro
15:08 Shubro : done for day see you all on monday and have a good safe fun weekend!
15:08 Sandip : bye
15:08 MJ : Room won’t be here tomorrow as it is a weekend. But do message birthday wishes to Shai tomorrow ๐Ÿ™‚
15:09 MJ : Bye shubro.
15:10 Govind : So much easier to trade today, now that the crazy circus is over MJ
15:10 Thanika : +1
15:11 Govind : Thanika, I am a newbie here myself. So, you must know how I feel ๐Ÿ™‚
15:11 MJ : +1 govind.
15:11 Thanika : absolutely! ๐Ÿ™‚
15:12 Shai : Duh that time of the year ๐Ÿ™‚ when you know you get older- (15:08) MJ : Room won’t be here tomorrow as it is a weekend. But do message birthday wishes to Shai tomorrow ๐Ÿ™‚
15:12 Shai : easier day actually yes
15:12 Uttam : hey Shai we want a party ๐Ÿ™‚
15:12 Shai : did mention yesterday to take it easy and let it pass
15:12 Govind : Shai, I stopped ageing since the night of the millennium ๐Ÿ™‚
15:12 Uttam : Tej & me are planing to meet anyways and we have a good reason to celebrate too ๐Ÿ™‚
15:12 Thanika : Uttam, we need to give party to Shai!! ๐Ÿ™‚
15:13 MJ : Yes T.
15:13 MJ : Age is just a number Shai.
15:13 Madhu : WISH U HAPPY BIRTHDAY BROTHER .GOD BLESS U
15:13 Shai : Thank you Madhu
15:13 MJ : Uttam Some brewery plans?
15:13 MJ : Have fun both of you.
15:14 Shai : yes party anytime – there is no invite needed
15:14 Govind : address please
15:14 Govind : will have to catch a flight
15:14 Shai : ๐Ÿ™‚
15:15 Gaurav : Happy birthday shai
15:15 Shai : Thank you guys.
15:15 Sandip : Oh Shais budday today
15:15 Shai : Birthday on a weekend after 7 years is a bllessing indeed ๐Ÿ™‚
15:15 Uttam : Shai can carry that 11900ce or book it?
15:15 Shai : Tom
15:15 Sandip : Happy Birthday advance Shai
15:16 Suren : Many more happy returns of the day Shai! Stay blessed.
15:16 Thanika : Adv.HBD Shai! If your abbreviation style! ๐Ÿ™‚
15:16 Shai : book -options losing money – (15:15) Uttam : Shai can carry that 11900ce or book it?
15:16 AN : Happy Birthday Shai…
15:16 Uttam : he he Shai but we will still trouble you & wish you
15:16 MJ : We will we will.
15:16 Uttam : thanks Shai will book at close
15:16 MJ : Thanks for everything Shai. Esp this beautiful VT room.
15:16 Shai : hehe
15:16 Thanika : +1 MJ
15:16 Rushabh : Have a great birthday Shai
15:17 Shai : Cheers man- I love you guys
15:17 Uttam : we all love you too Shai ๐Ÿ™‚
15:17 MJ : I love you 3000.
15:17 Govind : Awhh!!
15:17 Govind : We love you too, man!!
15:17 Sandip : hahaha
15:17 Govind : Happy birthday!!!
15:17 Sandip : Shai is floating in butter right now xD
15:17 KK : wishing you a fun birthday Shai..lots of it
15:17 Suyog : ww, awesome.. birthday weekend! advance Happy Birthday.. ๐Ÿ™‚
15:17 Shai : Thank you
15:18 Rajendra : WISH U MANY MANY HAPPY BIRTHDAY BROTHER .
15:18 Anubhav : happy birthday!!!
15:18 Anubhav : keep rocking!
15:18 Shai : Thank you
15:18 Amit : happy birthday sai ๐Ÿ™‚
15:18 Shai : Now all you guys take BNF to 32000 on Monday ๐Ÿ™‚
15:18 Manish : Shai, wish you a very happy birthday !!!
15:19 Uttam : that will be a super return gift Shai ๐Ÿ˜‰
15:19 Madhu : Shai : Now all you guys take BNF to 32000 on Monday ๐Ÿ™‚ THIS IS BIRTHDAY SWEET
15:20 Uttam : looks like 11900pe being written?
15:23 Shai : orderly day today
15:23 Shai : but auction probe is not complete
15:23 Shai : and should move to 11960
15:23 Manish : (15:06) Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional; shai, that is a 700 point jump ??
15:23 Shai : let catch up next weel
15:24 Uttam : (14:33) Uttam : expecting a close at hgihs Anubhav, lets see
15:24 Shai : yes
15:24 Shai : +1
15:24 Manish : hold till next Thursday ?
15:24 Shai : yes till settlemnt
15:24 Manish : thnx shai
15:25 Shai : wc
15:25 Shai : Bye all
15:25 Shai : Have a nice evening and a good weeekend
15:25 Uttam : have a super birthday weekend Shai ๐Ÿ™‚
15:25 Govind : Bye Shai
15:25 Sandip : Bye Shai..have a good weekend all
15:26 Govind : RBI meet this week right?
15:26 Shibu s : have a fantastic birthday shai .
15:27 Shai : Thank you guys for the wishes.
15:27 Shai : Catch up Monday
15:28 Amjad : shai happy birthday
15:29 Uttam : thanks All ๐Ÿ™‚ have a lovely weekend
15:29 Deepak : Happy Birthday Shai
15:29 Thanika : bye all, nice weekend
15:29 Deepak : Many Many happy returnsof the day
15:30 Madhu : HAPPY WEEK END TO ALL
15:32 Krishan : happy birthday shai
15:35 Himanshu : buy all


09:56 Rushabh : shai L&TFH crossing 129 should bring 137?
10:51 MJ : Shai for a longer horizon does LT show structure to tag 1850 levels?
10:52 MJ : Looking at 3-4 month period.
11:43 Hari : Shai, pls review ICICIprulife, seems to be a stray tick at 389.95
12:19 Rushabh : shai your view on TAMO?
12:47 Shai : ltfh zone is 128- 129
12:47 Shai : intra day 129 expect big short covering if closes abv it
12:48 Shai : infact buy can bring you 150 plus in a month
13:13 Rushabh : shai sl for that would be?
13:13 Shai : LT at res if move comes with vol then 1633 next
13:18 Shai : icici pru 383 is old supply
13:18 Shai : as closing abv it and vol conf brings 434
13:19 Shai : tamo weak below 198 short trem
13:19 Shai : 188 is also supply
13:19 Shai : 125- (13:13) Rushabh : shai sl for that would be?
13:19 Rushabh : alright shai thank you
13:24 Uttam : Shai positional view on Merck
13:25 MJ : Thanks Shai.
14:56 MJ : @Shai your mention of small caps. Can we play some fundamentally sound co with levels?

Order Flow charts dated 24th May