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.
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 🙂
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 🙂
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 🙂
09:20 TP : tks uttam, back to work mode 🙂
09:20 TP : Was a pleasure meeting you , tks for the wonderful hospitality +1
09:21 Uttam : feeling was mutual Tej 🙂 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 🙂
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 : 🙂
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! 🙂
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 😀
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 😉
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 : 🙂
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 🙂
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 : 🙂
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 🙂
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 : 🙂
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 🙂
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 🙂
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 🙂
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 🙂
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 😉
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 🙂
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 🙂 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 😀
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 😉
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 : 🙂 – may be conflict of interest policy 🙂
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 😉
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 🙂
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 🙂
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 🙂
12:44 Uttam : just drag it up
12:44 Sandip : Thx Uttam
12:44 Uttam : 🙂
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 🙂
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 🙂
12:48 Himanshu : BNF – Bear Trap –
12:48 Shubro : whos doing a good job?
12:48 Hari : SPX cracked 🙂
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 🙂
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 🙂
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 🙂
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 🙂
13:02 Shai : loudest** 🙂
13:03 Uttam : 🙂
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 😉
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 😉
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 🙂 yes
13:12 Uttam : 🙂
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 🙂
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 😉
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 🙂
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 🙂
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 🙂
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 🙂
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 🙂
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 🙂
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 : 🙂 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 🙂
14:41 Uttam : wow Shai what en entry 🙂
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 🙂
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 😉
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 🙂
15:25 Govind : Bye Shai/Uttam and all
15:25 Govind : See you Monday
15:25 Thanika : Bye all. 🙂
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 🙂 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 🙂
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