Month: May 2019

Nifty May F:

It was the event day & NF opened with gap up of more than 100 points and probed higher on huge volumes as it made an OTF higher for the first 3 periods extending the big IB range of 149 points to get above 12000 for the very first time as the ‘C’ period closed at highs of 12063. The ‘D’ period then made a new high of 12070 but was rejected immediately after which it got back in the IB which was a sign of weakness which got further confirmed as the auction broke below VWAP as the ‘D’ period closed at lows leaving an outside bar. Break of VWAP after such a high volume open usually leads to a test of the lows & that is what precisely happened as the auction trended lower breaking below the IBL & closed the gap as it made a low of 11811 in the ‘G’ period confirming a Neutral Profile for the day. NF then gave a retracement in the next 2 periods leaving a pull back high at 11900 but was unable to tag VWAP which meant that the PLR for the day is still to the downside and the auction made a fresh range extension lower in the ‘J’ period and spiked to the downside at close leaving an extension handle at 11759 and leaving a Neutral Extreme Day down as it made a big outside bar on the daily.

  • The NF Open was a Open Auction Out of Range (OAOR)
  • The day type was a Neutral Extreme Day – Down
  • Largest volume was traded at 11870 F
  • Vwap of the session was at 11875 with highest volumes in over 15 months at 268.9 L in a session of 430 points trading in a High-Low range of 12070-11640
  • The settlement day Roll Over point is 11722
  • The VWAP & POC of Apr Series is 11641 & 11592 respectively.
  • The VWAP & POC of Mar Series is 11327 & 11448 respectively.
  • The VWAP & POC of Feb Series is 10830 & 10856 respectively.

You can check the monthly charts & other swing levels for Nifty & NF here & for the weekly charts & analysis, please click here.

Daily Zones:

    • Value zones (volume profile) are at 11822-11870-12014

Hypos / Estimates for the next session:

a) Immediate resistance is at 11715-722 above which NF can tag 11750-759 & 11778-788
b) Staying below 11695, the auction can move to 11660-650 & 11620
c) Above 11788, the auction can move to 11811-832 & 11850
d) Below 11620, NF can fall to 11600-590 & 11550
e) If 11850 is taken out, higher levels of 11870-875 & 11900 open up
f) Break of 11550 can trigger a move lower to 11527 & 11489-467


BankNifty May F:

BNF gave a huge gap up of 300 points as it moved away from the 3 day composite on big volumes to make new life time highs and kept trending higher till the ‘D’ period as it made a high of 31780 but got immediately rejected as it got back into the IB and close below VWAP triggering a sell. The auction then trended lower till the close leaving a pull back high at 31165 to give a Neutral Extreme Down close as BNF made an outside bar on daily after tagging life time highs. The Neutral Extreme reference for the next session is at 30660 to 30332.

  • The BNF Open was a Open Auction Out of Range (OAOR)
  • The day type was a Neutral Extreme Day – Down
  • Largest volume was traded at 31050 F
  • Vwap of the session was at 31088 with highest volumes of almost 8 months at 76.4 L in a session which traded a High-Low range of 31780-30332 for a range of 1447 points
  • The settlement day Roll Over point is 29760
  • The VWAP & POC of Apr Series is 30037 & 29762 respectively.
  • The VWAP & POC of Mar Series is 29061 & 29778 respectively.
  • The VWAP & POC of Feb Series 27042 & 26978 respectively

For the Monthly charts & other swing levels for BankNifty & BNF click here & for the weekly charts & analysis, please click here.

Daily Zones:

      • Value zones (volume profile) are at 30690-31050-3150>

Hypos / Estimates for the next session:

a) BNF staying above 30590 can do 30660-690 & 30770-806
b) Sustaining below 30575, the auction can test 30510-505 & 30400-350
c) Above 30806, BNF can probe higher to 30850-888 & 30950
d) Below 30350, BNF can fall to 30285-250 & 30200
e) If BNF sustains above 30950, the auction could tag 31030-50 / 31090-105 & 31165
f) Break of 30200 could trigger a move down to 30120-060 & 29945-880

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at – https://in.explara.com/e/vtrender–trading–room/checkout

Market Profile Analysis dated 23rd May

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

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

NF


BNF


Room Chat

09:43 Shai : (09:43) Shai : Intra – Buy NF 11920 sl of 111880 tgt 12013.

09:50 Shai : (09:50) Shai : NF at 11972 . Book half and ride at cost some

09:56 Shai : (09:56) Shai : Book fully the NF 11965

10:46 Shai : (10:46) Shai : Intra – Keep a Buy NF abv 12069 sl of 12000 tgt 12153 cmp 12050

10:56 Shai : (10:56) Shai : Intra – Buy NF 12003 sl of 11950 tgt 12153.

10:56 Shai : (10:56) Shai : avoid the other buy abv call

11:07 Shai : (11:07) Shai : Come out of the NF longs here at 11975- 11977 F

11:29 Shai : (11:28) Shai : Buy NF 11922 sl of 11882 tgt 11999. Trade small

11:49 Shai : (11:49) Shai : NF longs stopped. Make an exit

13:16 Shai : (13:16) Shai : Trade- Buy 11900 ce May 30 at 140 sl of 101 tgt 211/ 262 .

13:54 Shai : (13:53) Shai : 11900 ce stops . Make exits – (13:16) Shai : Trade- Buy 11900 ce May 30 at 140 sl of 101 tgt 211/ 262 .


08:44 Shai : GM all
08:46 Shai : https://vtrender.in/market-profile-analysis-dated-22nd-may/
08:47 Shai : 11765 and 11710 supports for the open today
08:47 Shai : any breakaway move has to take out 11882 F on the upside and create volumes abv
08:47 Shai : any break lower would have to take out 11647 F below
08:47 Thanika : GM Shai
08:53 Amjad : gm all
08:54 Hiren : gm all
09:00 Uttam : Good Morning All 🙂
09:00 Seema : GM….TO ALL
09:00 Uttam : so Namo2 most likely…
09:00 Seema : _/|_
09:01 Uttam : 2/3rd majority so far in trends available
09:01 Uttam : 212/343
09:01 Deepak : too early – potal done – evm just started
09:01 Himanshu : Good Morning |Chief – Uttam – Deepak
09:01 Ashutosh : GM all
09:02 Uttam : yes Deepak that is why mentioned most likely 🙂
09:03 Uttam : but the difference is huge…
09:03 Psandeep : GM All
09:03 Govind : GM roomies
09:03 Rajendra : Good Morning All
09:04 Govind : some pre-open this….
09:04 Govind : NF up 160 points
09:07 Suyog : gm all..
09:08 Deepak : postal ballots reverse sharply
09:08 Deepak : so wait
09:08 Deepak : EVM just began
09:08 Uttam : ok
09:08 Deepak : 245/105/80
09:09 Deepak : latest from satta bazaar
09:09 Deepak : fastest and most accurate
09:11 Hari : GM All
09:12 AN : GM all
09:12 Himanshu : Uttam – 31154 ON open as per hyoe
09:14 Uttam : vix down
09:14 Shai : big open
09:15 Psandeep : ce pe buyers crashed
09:15 Psandeep : as expected
09:15 Anubhav null : hi
09:15 Shubro : Jit +1
09:15 Shubro : sold options lol
09:16 Sandip : GM Shai, Uttam and All
09:16 Psandeep : Market will be volatile. Please preserve your capital.
09:16 Rushabh : 40 down from high
09:16 Rushabh : 50*
09:16 Jitender : Gm Folks 🙂
09:17 Shubro : Jit physics took open…theta is da man
09:17 Jitender : yh
09:19 Anubhav null : gud move
09:19 Shai : OTM puts 23rd May not open yet
09:19 Uttam : huge vols
09:19 Shai : open holding abv 11882 is bullish
09:20 Uttam : 16L in NF
09:20 Anubhav null : alll time high
09:20 Uttam : in 5 mins
09:23 Uttam : @Tej june 11800 good time to entere?
09:23 Uttam : 625
09:25 Anubhav null : almost12k
09:26 Anubhav null : tv wale jeet vaye lol
09:26 Govind : Vix down 23%
09:26 Himanshu : Insane move
09:27 Uttam : 11900 ce/pe jun at 565
09:27 Jitender : u want insane..lemme gv it one mre touch
09:27 Jitender : had shrted 28.8pe yday..it has no vols
09:27 Jitender : go fig wat to do nw
09:28 Deepak : 310/95/95
09:28 Uttam : upper circuit karwa rahe ho Jit 😉
09:28 Shai : big short covering on COT
09:28 Uttam : 11999 NF high
09:28 Rushabh : shai all shorts out of the system?
09:29 Jitender : Shai…will have to exercis it ? (09:27) Jitender : had shrted 28.8pe yday..it has no vols
09:29 Shai : it’s OTM
09:29 Shai : why bother
09:30 Uttam : Shai 11900 combo June good to enter at 530 looking the way Vix has fallen?
09:30 Thanika : 535 now!
09:30 Jitender : k
09:30 Shai : keep watching 11882 on downsides
09:30 Shai : 30968 supp BNF
09:30 MJ : Chief VT admin came at 8 am today 🙂
09:31 Jitender : made DT on 32kce/28.8pe in positional acc….overnite…no trade…small qty
09:31 Uttam : nice Jit 🙂 congrats
09:31 Jitender : isko kehte hain vix trade
09:31 Jitender : tx bro
09:32 Psandeep : nice Jit
09:32 Suyog : congrats Jit.. nice view about vix crush..
09:33 Jitender : posted screen shot in random channel (09:31) Jitender : made DT on 32kce/28.8pe in positional acc….overnite…no trade…small qty
09:33 Jitender : tx guys
09:33 Govind : +1 Jit
09:34 Uttam : Shai how much more can Vix fall? 18 coming?
09:34 Jitender : tx G
09:34 Shai : RS setting up
09:34 Shai : 11910 supp
09:34 Jitender : vix 20.81 (11:19) Jitender : k…i will gv one more hint, n i mite b wrong, but if it helps save money fr guys here. This is for 23rd may options primarily (11:08) Jitender : but again reiterating (11:01) Jitender : 2mrw morn all buyrs may gt a good shock
09:35 Shai : +1
09:36 Anubhav null : fii sold.options jit is fiii
09:36 Jitender : _/\_
09:36 Jitender : nope An
09:36 Anubhav null : hshe
09:36 Jitender : imagine wat tey made
09:36 Anubhav null : yeah
09:40 Ashutosh : trifecta ?
09:40 Rushabh : premium just dropped NF
09:40 Jitender : look at the elln
09:41 Jitender : selln
09:41 Gaurav : vix crushed
09:41 Jitender : whoose doing it 🙂
09:41 Gaurav : to tatters
09:42 Gaurav : BN 2% up, ATM/OTM CEs 25% down
09:42 Psandeep : Shai sold 11900cepe at 294. morning Now 195 both. SHould book or wait ?
09:43 Shai : Intra – Buy NF 11920 sl of 111880 tgt 12013.
09:43 Psandeep : Can VIX go up ?
09:44 Shai : vox 20 is supp
09:44 Shai : has to break below 20
09:44 Psandeep : Thanks booked, will move to otms
09:46 Shai : first boucne off 11888- (09:19) Shai : open holding abv 11882 is bullish
09:46 Govind : +1
09:46 Jitender : +1
09:49 Shai : Cue for the day is in the IB extension today in C and D
09:49 Shai : I remmber in 2014 we did not extend IB
09:50 Shai : NF at 11972 . Book half and ride at cost some
09:51 Shai : this is an open drive today
09:51 Shai : vwap would be key
09:51 Shai : with allowances
09:51 Shai : process very imp. Don’t forget your rules
09:51 Suyog : shai, but 2014 had a clean gap up? unlike this time..
09:52 Jitender : 11950ce 77-110
09:52 Jitender : 31kce 440-508
09:52 Jitender : JMD
09:53 Uttam : c) Above 31154, the auction can probe higher to 31250 / 31340 / 31430
09:53 Uttam : this leg done in BNF
09:54 Ashutosh : amazing jit
09:54 Uttam : high to the dot 31430
09:54 Shai : 286-204-104 in about 500 leads
09:54 Shai : 286-104-104*
09:56 Shai : Book fully the NF 11965
09:56 Jitender : +1
09:56 Shai : IB move looks done
09:56 Shai : this is the next one to check- (09:49) Shai : Cue for the day is in the IB extension today in C and D
09:57 Uttam : 150 point & 555 so far
09:57 Shai : biggest volumes of the year in A
09:58 Uttam : +1
10:00 Shai : the numbers on the screen today may not be displayed all times. This is to do with a) pace of the tape and b) the display pixels not keeping pace with that. Is set to auto adjust . So request your cooperation
10:00 Shai : please keep a 30 min tab open – https://global.gotomeeting.com/join/530128253
10:06 Anubhav null : now fresh buying above day high only
10:06 TP : GM All.
10:07 Thanika : june long straddle 11900 is doing good, from 501 to 520
10:08 Anubhav null : nice
10:11 Anubhav null : greens again
10:11 MJ : 272++ greens these are
10:11 MJ : for bjp
10:11 Himanshu : What a move –
10:11 Anubhav null : how.much money these guys have..lol
10:11 Himanshu : market saluting BJP – bring on 12k NF
10:13 Jitender : sumone pls close yr mic in 30mins goto
10:15 Anubhav null : c
10:15 Anubhav null : ext
10:15 Sandip : btw
10:15 Uttam : 32k coming in in BNF?
10:15 Sandip : these are only 5.7% votes that have been counted at the moment 🙂
10:15 Jitender : bnf runn
10:15 Jitender : nf holdn
10:16 Anubhav null : still bigger number than exit poll sample
10:16 Shai : larger swing view if we stay abv 11880 by close is to 12300 spot now
10:16 Shai : of course that is end of day basis
10:17 Shai : just the larget structure
10:17 Anubhav null : wow
10:17 Shai : will eliminate 10600
10:17 Anubhav null : what about global troubles
10:20 Shai : globe is in our prices
10:20 Anubhav null : its only a short term pump i think
10:20 Anubhav null : hmmm
10:21 Govind : NF @ DH
10:21 Himanshu : 11999 – magic figure
10:22 Govind : big greens
10:22 Anubhav null : late buyers
10:22 Anubhav null : screwd
10:22 Uttam : these are shortsSL
10:23 Anubhav null : gok
10:23 Uttam : COT from -1.9L to -51k
10:23 Uttam : 12000
10:23 Govind : ok Uttam
10:23 Himanshu : done
10:23 Himanshu : done dana dun
10:23 Uttam : abki baar
10:23 Uttam : barah hazaar
10:23 Himanshu : Jitu bhai,,, Aayega to Modi ( 12000) hi
10:23 Anubhav null : will c side rule.work.today
10:24 Deepak : 345/100/110 latest SB
10:24 Anubhav null : im try a short here for vwap
10:24 Govind : Will there be a further upside push if and when spot crosses 12k?
10:24 Himanshu : Raul gandi – lagging behind 3K votes
10:24 Jitender : aa gaya Himanshu 🙂
10:24 Uttam : day COT turning positive
10:24 Himanshu : Arnab has gone Mad
10:25 HPandey : shorts covering uttam?
10:25 Anubhav null : rs
10:25 Himanshu : and he will be under treatment from tom
10:25 Uttam : he was alway mad 😉
10:25 Anubhav null : reds
10:25 Govind : He will go on a long vacay
10:25 Uttam : now for spot 12k
10:26 Govind : Deepak, latest from Satta?
10:26 Deepak : yes
10:26 Deepak : fastest and accurate
10:26 Govind : Figures bro
10:26 Jitender : out of all pos
10:26 Jitender : easy so far
10:26 Jitender : coffee brk
10:26 Deepak : 345/100/95
10:27 Govind : these are leads right?
10:27 Deepak : yes
10:27 Deepak : so far
10:27 Govind : massive
10:27 Deepak : yes
10:27 Deepak : It had predicted 300 for BJP
10:27 Deepak : werent accepting bets
10:27 Deepak : even
10:27 Psandeep : Bank nifty 1000 pts up and bank nifty sleeping :O
10:27 Psandeep : Bank nifty 1000 pts up and hdfc bank sleeping :O
10:28 Himanshu : people inside Arnab room will be fighting soon
10:28 Himanshu : main thing is BJP at par with TMC in WB
10:28 Govind : NF is almost close to Shai’s initial target
10:29 Govind : Tamil Nadu as expected..DMK returns
10:29 Govind : Will end up as the best state for the UPA
10:30 Uttam : spot tags 12k
10:30 Jitender : 12k in spot
10:30 Uttam : 🙂 Jit
10:31 Uttam : a) Staying above 11800-810, NF can probe higher to 11842-871 / 11911-938 / 12004-19
10:31 Jitender : k sensex LTH
10:31 Jitender : 40k
10:31 Uttam : NF high 12020 so far
10:31 Jitender : +1
10:32 Govind : and where will it go from here? May be some profit booking
10:32 Suyog : max pain is at 11800.. someone is getting real pains.. 🙂
10:32 Govind : Nice trade Shai, I held on and exited around 12010…
10:32 Jitender : 12k cud be top also fr sum time…1 probab
10:32 Jitender : Shai..wats yr view ?
10:32 Jitender : else 13k coming
10:33 Shai : too early
10:34 Shai : view is if we close abv composite then 12300
10:34 Jitender : tx
10:36 Shai : NF no big weakness
10:36 Shai : if D> C will go long for 12153
10:36 Shai : BNF for 31710
10:37 Shai : 12000 imm supp
10:37 Shai : vix watch still at 20
10:39 Rushabh : shai still chance of reveral or very low?
10:40 Anubhav null : no rs yet
10:41 Govind : 43k reds?
10:41 MJ : Govind 48k below too
10:42 MJ : Rahul telling rajdeep you can’t enter right now in markets hahahaa!
10:42 MJ : Those are greens there.
10:43 MJ : don’t try fading rushabh Govind 🙂
10:43 Shai : no weakness becoase BNF is strong and moving quick
10:43 Govind : Are you long MJ?
10:43 MJ : 11917
10:43 Shai : 10 mins – (10:36) Shai : BNF for 31710
10:43 Govind : I got out at 12010
10:43 Sandip : 20% votes counted so far now
10:43 MJ : yep
10:43 MJ : Also adani twin long.
10:44 Govind : Waiting for D period and what Shai said
10:44 MJ : Monthly SD2 levels 12140
10:44 Govind : Yeah
10:45 Psandeep : Looks like some news channel are unable to digest modi win
10:45 MJ : Which one?
10:45 MJ : Sandeep.
10:45 Psandeep : india today one with Rajdeep Sardesai going mad
10:45 Himanshu : NDTV –
10:46 MJ : He wants cake and dhokla. 😀
10:46 Govind : Rajdeep went mad a long time ago
10:46 Himanshu : All of them going mad – was better to wacth Rajat Sharma today
10:46 Shai : Intra – Keep a Buy NF abv 12069 sl of 12000 tgt 12153 cmp 12050
10:46 Shai : will trade D>C
10:46 Govind : D is retracing
10:47 Shai : yes C is generally locals if not D extends
10:48 Psandeep : But the most happiest people seems today are young folks from bengal. Some of my frends from bengal have made whatssup group upside down..
10:48 Shubro : primer to next state elections now
10:48 Govind : Big change in Bengal Sandeep….big TMC bastion
10:48 Psandeep : They are in euphoira with BJP seats
10:49 Shubro : yeah well lets just hope the new crew is not old wine new bottle
10:49 Psandeep : bengal needed it desperately now bhavnay coming out
10:50 MJ : Govind watching 12k supp message of Chief.
10:50 Govind : Would be cool if it comes down to 11888 and bounces
10:50 Himanshu : Jit – Uttam – now any reentry or wacth vwap
10:50 Anubhav null : nice
10:50 Govind : I am out bro…but watching
10:50 MJ : Tsls hit for me too.
10:50 MJ : Whattey day.
10:51 Psandeep : Nice MJ
10:51 Anubhav null : screwed
10:51 Anubhav null : locals
10:52 Rushabh : shai beloq 12k
10:52 Govind : C started at 11970
10:54 Govind : First bounce was at 11888, where will the second bounce be MJ?
10:54 Jitender : bnf 300 dwn in 5mins
10:55 Govind : Profit booking Jit?
10:55 Jitender : ys
10:55 Jitender : n FII with money algos
10:55 Jitender : will keep doing it
10:55 Jitender : make money bth sides
10:55 Uttam : NF had giving a monthly FA at 11710 and 1 atr on monthly TF comes to 11289
10:56 Shai : Intra – Buy NF 12003 sl of 11950 tgt 12153.
10:56 Uttam : next trigger for stock market would be AJ not being the Finance Minister 😉
10:56 Shai : avoid the other buy abv call
10:57 Shai : RR good here in NF 1:3
10:57 MJ : Govind 30 min high lows come in to play keep them handy.
10:57 Govind : Yeah, Juicy
10:57 MJ : +1 Chief
10:57 Govind : +1
10:57 Amjad : u mean buy above 12069
10:57 MJ : Ignore that and go for this (10:56) Shai : Intra – Buy NF 12003 sl of 11950 tgt 12153.
10:58 MJ : @Amjad
10:58 Amjad : ok
10:59 Govind : TN voters have rejected BJP in the general elections but are split in the middle in the bye-elections..will be interesting as this develops
10:59 MJ : Uttam 1.5 ib rough and we come back in NF 🙂
11:00 Praveen : so is nifty a buy now ?
11:01 Anubhav null : done vwap
11:03 Shai : hmm pull back is big
11:03 Sandip : spotpulling futures down for now
11:03 Sandip : spot pulling*
11:05 MJ : Capt Amrinder slamming Pidhu on tv. Wow.
11:06 Himanshu : that guy is not worth mentioning
11:06 Himanshu : MC – BC – Navjyot
11:06 Himanshu : I hate him – BC went to Pakistan to meet Gen Bajwa
11:07 Psandeep : Captain is a great man in wrong team.
11:07 Himanshu : one day he will flip to BJO
11:07 Himanshu : BJP
11:07 Shai : Come out of the NF longs here at 11975- 11977 F
11:07 Himanshu : Smriti Irani – leads with 8k Votes
11:07 Shai : is going down to 11920
11:08 Boppanna : BNF vwap not supporting
11:08 Shai : pull back deeper
11:08 Shai : one time frame stopped
11:09 Shai : shoudk have bounced from 11990 F
11:09 Psandeep : Premium fall too fast now. Almost smashed in one shot
11:10 Boppanna : BNF 160 below 320 in BNF if sustians
11:10 Shai : any big change in numbers?
11:10 Boppanna : BNF had a string of reds at 710
11:11 Govind : No Shai
11:11 HPandey : shai OD and VWAP failed
11:11 Govind : Numbers are the same
11:11 Jitender : st line fall
11:11 Seema : Now all other stocks are below VWAP, time to play short?
11:11 Shai : hope you guys got good exits from the longs
11:11 Shai : came off lot more than I expected
11:11 Shai : (11:07) Shai : is going down to 11920
11:12 Shai : vwap longs trapped
11:12 Psandeep : Put doubled tripled from low and back. they are trying to eat bith side.
11:12 Shai : 11910 and 11880 are the big numbers for day
11:12 Shai : bulls won’t like this below 11880
11:13 Shai : can catch morning longs off
11:13 Jitender : timing (10:26) Jitender : easy so far(10:26) Jitender : coffee brk
11:13 Jitender : saved money by being out 🙂
11:13 Shai : +1
11:13 Himanshu : Jit –
11:13 Jitender : _/\_
11:13 Himanshu : Any renetry in BNF possible
11:13 Shai : Is clean so far actually
11:13 Shai : not erratic yet
11:14 Govind : What time do we start getting final results?
11:14 Govind : Noon right?
11:14 Shai : ony Q is why the bulls did not hold vwap
11:14 Jitender : 800 pts bnf mved up+dwn in last 40mins
11:14 Rushabh : shai 600 point range is still on play?
11:14 Shai : yes
11:15 Govind : Owaisi is trailing..wow! He has never lost
11:16 AN : thats big news 🙂
11:16 Boppanna : Shai can you check if any big buying 11000pe 6th June when you have time
11:17 Suyog : ideally intra range had come down to 250 types only in morning, due to the vix crush, but lets see.. intra options data i track is quite weird today..
11:17 Hiren : buy 11800 june pe.. healty volume
11:18 Shubro : holding here it seems NF
11:18 Seema : (11:17) Hiren : buy 11800 june pe.. healty volume……June weekly options?
11:18 Seema : Now at 211
11:19 Hiren : monthly expiry
11:19 Hiren : trading at 196
11:19 Boppanna : Half Out 11:10 Boppanna : BNF 160 below 320 in BNF if sustians
11:19 Jitender : +1
11:19 Jitender : wat a fall
11:19 Shubro : waterfall
11:19 Shai : BNF lost 580 in D
11:20 Govind : 11920 here…maby be 11888 will come
11:20 Jitender : fii r brutal 🙂
11:20 Suyog : @Jit, is this similar to Karnataka elections in a way? BJP won, that time too, right, but mkt made a top?
11:21 Jitender : cud b
11:21 Shai : 40970- 31011 supp BNF
11:21 Himanshu : 30970 u mean
11:21 Shai : open price was 11888 alomost all gone now
11:22 Rushabh : what a move
11:22 Shai : welcome to elction day trading 🙂
11:22 Shai : when nothing makes sense 🙂
11:22 Rushabh : same as karnatake day?
11:22 MJ : Hehe! /\ shai
11:22 Shai : paid for it – (11:14) Shai : ony Q is why the bulls did not hold vwap
11:23 Shai : Guys check numbers of results / leads
11:23 Shai : any updates
11:23 Suyog : this was 1 caution for me.. (09:51) Suyog : shai, but 2014 had a clean gap up? unlike this time..
11:23 Govind : No chnge Shai
11:23 Govind : 334 BJP
11:23 Suyog : though no trading today
11:23 Amit : still ~330 +
11:23 Shubro : strange
11:24 Thanika : DT Done!
11:24 Govind : and Vix has been quiet in this last fall by NF/BNF
11:24 Govind : Thanika, nice one…did you go short?
11:24 Govind : Or strangle?
11:24 Sandip : general public longs could have stoplosses from day low at 11850-11800
11:24 Thanika : strangles.. as per your clue using JUNE series.. and did two cycles
11:25 Thanika : sorry straddles
11:25 Govind : Nice
11:26 Thanika : bought 1200 CE/PE around 500 and sold it during sharp moves.. one UP and one DOWN.. keeping tab on VIX
11:27 Govind : Why no numbers in the OF charts?
11:28 Shubro : starting its grind up Shai now?
11:28 Shai : yes
11:28 Jitender : dii in
11:28 Shai : Buy NF 11922 sl of 11882 tgt 11999. Trade small
11:31 Hari : Shai, considering the volumes, can this be a new IPM today
11:32 Govind : MJ, it bothers me that RIL and HDFCB have not moved much.
11:33 Govind : HDFCB is down actually
11:33 MJ : Govind Me thinks smart player won’t take the blue chips to make money on a day like this.
11:33 Govind : Yeah good point.
11:34 MJ : Other scripts they can cut through the vols as they need.
11:34 Himanshu : BNF spot almost at open
11:35 Shai : can be – (11:31) Hari : Shai, considering the volumes, can this be a new IPM today
11:35 Shubro : FII’s made money both ends today
11:35 Shubro : and big time
11:35 Jitender : as i had said
11:35 MJ : Shubro Bengal mein macha rahe ho aap.
11:35 Shubro : yep Jit
11:35 Govind : What is IPM Hari?
11:35 Shubro : hehe i suppose so MJ
11:35 MJ : initial price moment.
11:36 Jitender : tat is wat i say…dont get influenced by posturer(s)…only trust ppl with exp & Shai
11:36 Jitender : mkt nvr obliges wen u want to…n tats the key
11:36 Sandip : Guys anybody know how much % the votes have completed?
11:38 Jitender : m up 3.56 DT..n TG fr tat
11:38 Jitender : wud have surely lost money if had traded…after 10.26
11:41 Shai : 30976 lows in E – (11:21) Shai : 30970- 31011 supp BNF **
11:41 Hari : Shai, new IPM in both possible today
11:44 Shai : yes possible –
11:44 Shai : but IPM’s are end of day opinions
11:44 Rushabh : whats ipm shai?
11:45 Suyog : 11880 needs to hold closing basis too ?
11:45 Hari : Yes agree. Both should not break IBl and sustain for bulls to succeed
11:45 Shai : Initial price Movemnt or step 1 of a new trend – (11:44) Rushabh : whats ipm shai?
11:46 Anubhav null : will applyfa rules
11:48 Anubhav null : call writing happening in monthly
11:49 Govind : Leads are still the same.
11:49 Shai : NF longs stopped. Make an exit
11:49 Anubhav null : below 11850 i think 11777-11715
11:49 Himanshu : Open gone in BNF
11:49 Shai : this is getting weird now
11:50 Himanshu : now y day close to wacth
11:50 Anubhav null : ele ion rally over
11:50 HPandey : shai excess in NF?
11:50 Anubhav null : gap fill coming
11:50 Shai : window is open for 11767
11:50 Shai : damn it
11:50 Hari : guys just wait for the day to complete to get a view IMO
11:51 Shai : +1
11:51 Sandip : yes Shai
11:51 Hari : BJP victory was factored at move from 11140
11:52 Sandip : This was always there (11:24) Sandip : general public longs could have stoplosses from day low at 11850-11800
11:52 Jitender : bnf went 800 dwn from highs
11:52 Jitender : algo’s
11:52 Hari : Insti doing SAR
11:52 Jitender : n margin calls triggered
11:52 Jitender : 31070 pivot fr me
11:53 Hari : for 11712
11:53 Govind : That is the April composite low…11712
11:53 Hari : Uttam, FA in NF?
11:54 Jitender : cant think of shrtn today..:)
11:54 Govind : Strangest day
11:54 Hiren : world market is horrible.. so be cautious
11:55 Hari : PE writers taken to cleaners
11:55 Jitender : (10:26) Jitender : easy so far(10:32) Jitender : 12k cud be top also fr sum time…1 probab
11:56 Jitender : buyn here nf…11875
11:56 Hari : Shai, is it possible to get the NF OF number at that IBL break?
11:56 Jitender : small qty
11:56 Himanshu : Jit – BNF can enter hee
11:57 Anubhav null : rb
11:57 Anubhav null : finally
11:57 Jitender : ask chief man…2 volatile fr me rite now
11:57 Jitender : (11:52) Jitender : 31070 pivot fr me
12:04 Govind : Results starting to come now
12:04 Shai : on standby mode
12:04 Shai : let this clean up
12:04 Shai : RB at 11848F
12:04 Shai : and a neutral day already
12:06 Govind : yeah Shai, but why the uncertainty?
12:06 Hari : me thinks this can go into sideways with a large range like 700 pts in NF until budget if we dont get a new IMP today
12:07 Hari : NF range so far 227 pts
12:07 Hari : another 273 to go
12:08 Hari : Either 11570 or 12443
12:08 Hari : Per suyog range
12:08 Hari : Per Shai, we are below 11870 spot
12:09 Hari : I am just working with this info
12:09 Shubro : wow NDTV result 339 BJP
12:09 Hiren : between 11822-11840 buy NF with sl 11780 it might touch 11945-12150
12:10 Hiren : with very small qty
12:11 Hari : 11650 spot if the support per Shai
12:13 AN : Rubish kumar can start crying anytime 🙂 (12:09) Shubro : wow NDTV result 339 BJP
12:14 MJ : AN ndtv is mourning.
12:14 MJ : both eng/hindi
12:14 AN : yes
12:14 Shubro : major jhol this
12:15 Hari : Uttam, what is the ATR in NF
12:15 Jitender : bnf neat ibl
12:15 Jitender : as i said yday …prepare fr unplanned
12:15 Govind : Looks like DLs will be tested
12:16 Shubro : whisker away
12:16 Jitender : unfollow all toose who said BJP 300+ n 12.5+
12:17 Jitender : folllow thoose who said PB will cum
12:17 Shubro : PB?
12:17 Jitender : prft bookn
12:17 Shubro : ahh ok hehe
12:18 Shubro : i thot who the new PM is
12:18 Shubro : new buyers coming in?
12:18 Govind : Good greens in NF Shubro
12:19 Uttam : 149 is ATR Hari in NF
12:20 Hari : FA also in NF Uttam?
12:20 Shubro : NDTV 341 BJP
12:20 Govind : 341 final? or leading?
12:20 Govind : Leading right?
12:20 Shubro : yep
12:22 Govind : Another zero
12:23 Govind : bottom here?
12:23 Govind : oops
12:24 Hari : just check this site for real status https://results.eci.gov.in/pc/en/partywise/index.htm
12:25 Jitender : bnf small buy here at31k
12:25 Uttam : probable FA Hari but it has a ATR as IB today 😉
12:25 Uttam : 11999 is IBH
12:25 Uttam : plus 1 atr too
12:26 Uttam : 11834 was monthly IBH whihc till now has been defended
12:26 Jitender : out of bth…sl hit
12:26 Uttam : not going
12:26 Uttam : now*
12:27 Himanshu : test of yesterday close
12:27 Himanshu : 30556
12:27 Himanshu : filling the morning Gap
12:27 Hari : 11650 spot coming
12:27 Hari : 30542 also
12:28 Hari : BNF in 21/5 profile
12:28 Jitender : lost 1dt…2.83 now 🙁
12:29 Hari : Shai, below 11882, this puts technically back to 11392?
12:29 Govind : May be the markets have moved on to other issues after making a high for Modi…earnings, globl issues, liquidity etc…:)
12:29 Shubro : reality setting in
12:30 Shubro : become a short on rie
12:30 Shubro : rise*
12:31 Uttam : a) Staying above 11800-810, NF can probe higher to 11842-871 / 11911-938 / 12004-19…NF did this hypo in revers 😉
12:32 Uttam : 11811 low so far
12:33 Sandip : Uttam weve been at the positive end of things since morning..stoplosses had to be taken out..was just a matter of time
12:33 Jitender : 23k green at 861
12:33 Seema : As I earlier mentioned, all major stock below VWAP, time to play short?
12:34 Shubro : so Sandip your view is this is SL hunting?
12:35 Seema : support is near 11790.
12:37 Shubro : aur gireja BC
12:38 Sandip : yes Shubro
12:39 Shubro : lets hope the lows done
12:40 Shubro : maybe not as hari said the range not fully met
12:40 Govind : May be it will meet it on the other side
12:41 Shubro : lets watch
12:41 Govind : once final results start coming out
12:41 Shubro : no positions except June 11000 PE
12:41 Govind : all out
12:43 Shubro : any change in poll numbers Guys?
12:43 Jitender : if now DLs r brkn…we go after yday DLs
12:43 Govind : Nope
12:44 Jitender : congo to all who survived n made money today
12:44 Shubro : seriously -1.5 DT today waiting….
12:44 Shubro : congo to those
12:44 Govind : I was up +1.5 dt but down now…but congrats to the winners
12:45 Jitender : tats k
12:45 Jitender : day is still left
12:45 Shubro : yes !!
12:45 Govind : Yes Jit/Shubro
12:45 Jitender : 875/31kin bnf fr longs….n brk of Dls’ fr shrt
12:45 Uttam : (10:56) Uttam : next trigger for stock market would be AJ not being the Finance Minister 😉
12:45 Govind : Lots of zeroes
12:46 Uttam : 11928 could get tagged
12:46 Shubro : tag and break baba
12:46 Psandeep : 31kce 102 to 162
12:47 Jitender : +1
12:47 MJ : http://mplite.vtrender.com/?symbol=NIFTY&startDate=26-04-2019&nDays=30&tpo=6&isComposite=1
12:47 MJ : Check this guys
12:48 Uttam : NF did not go below the first hypo
12:51 Jitender : tere (12:45) Jitender : 875/31kin bnf fr longs….n brk of Dls’ fr shrt
12:51 Hari : yeah so far containing in range
12:53 Shubro : results confirmed?
12:54 Jitender : nt holdn so far (12:51) Jitender : tere (12:45) Jitender : 875/31kin bnf fr longs….n brk of Dls’ fr shrt
12:54 Suyog : max pain stays at 11800..
12:54 Suyog : though could inch towards 11850 if lows hold..
12:55 Sandip : yes Suyog..between 800-850 mostly
12:56 Suyog : these weekly writers fancy a round number close for expiry.. lets see the case today
12:56 Jitender : Shai here ?
12:56 Shai : yes am here
12:56 Shai : watching
12:57 Shai : so far pklaying exactly like 2014 D day
12:57 Shubro : what happened in the end Shai? 🙂
12:57 Uttam : Modi became PM ;-p
12:57 Shubro : haha
12:57 Jitender : Shai..review of day’s action n path fwd pls ?
12:57 Shai : 🙂
12:58 Shai : (09:49) Shai : Cue for the day is in the IB extension today in C and D(09:49) Shai : I remmber in 2014 we did not extend IB
12:58 Shai : may test 11767 F once
12:58 Shai : buyers not strong now below the broken 11912
12:59 Shai : logs should wait abv vwap -closing hour today
13:00 Jitender : n fr bnf ?
13:01 Shai : 31200 supply
13:01 Shai : not very confident in any new entry here
13:01 Shai : just staying away for now
13:02 Shai : tape is with sellers now but they can be murdered anytime as it is news based day 🙂
13:02 Jitender : yh
13:02 Uttam : yes Shai looks like they are being set up here
13:03 Hari : in 2014 market dumped and went on to make fresh lows in the subsequent ays?
13:04 Shai : no swung 350 that day
13:04 Jitender : tx chief
13:04 Shai : I think was 7150- 7550
13:04 Jitender : had my doubts…(10:32) Jitender : 12k cud be top also fr sum time…1 probab
13:04 Shai : +1
13:05 Hari : rallied pre-election from 6660 made top at 7550 on result day and got dumped until 30 th may to 7120
13:05 Sandip : too many 0’s
13:05 Shai : we don’t have a budget but pop up could be Piyush as new FM
13:05 Uttam : exactly Shai
13:05 Shai : Market would be happy to get rid of jetlee
13:05 Uttam : that would be perfect
13:05 Hari : We should have a fresh budget Shai
13:06 Shai : we had a full budget no?
13:06 Shai : was not an interim one
13:06 Hari : that was interim though they made it look like fresh
13:06 Uttam : interm budget that was shai as election year
13:06 Shai : oh okay
13:06 Hari : outlays will have to be revisted
13:07 Hari : should have one by mid june and I expect market to stay in large range till then
13:07 Hari : no trend
13:07 Hari : Vix should drop back to 14-16, what does your charts say Shai
13:08 Shai : yes
13:09 Uttam : (12:46) Uttam : 11928 could get tagged…half way there
13:11 Jitender : MStanley gv tgt of 45000 sensex n 13500 ns
13:11 Jitender : report just nw out
13:11 Shubro : yeah maybe by tomorrow also 😛
13:11 Govind : By when Jit?
13:12 Jitender : tis yr
13:12 Jitender : sry fiscal
13:12 Jitender : by nxt march
13:12 Govind : Ok
13:14 Seema : HDFCBANK – SHORT BUILDUP – till now
13:16 Shai : Trade- Buy 11900 ce May 30 at 140 sl of 101 tgt 211/ 262 .
13:18 Seema : (13:16) Shai : Trade- Buy 11900 ce May 30 at 140 sl of 101 tgt 211/ 262 …….HOLD till tomm ?
13:20 Shai : yes for tgts
13:20 Shai : Broken one time frame down from D period
13:21 Shai : min obj is now vwap in NF
13:21 Shai : can boom abv 11960
13:21 Hari : Shai, Bots turned off?
13:22 Jitender : 31.ce 154-204…
13:22 Jitender : bck 2 3.83
13:23 Jitender : firs entry was at good lvls..but it went dwn 🙂 (11:56) Jitender : buyn here nf…11875(12:25) Jitender : bnf small buy here at31k(12:26) Jitender : out of bth…sl hit
13:25 Shai : yes just for day – a safety precaution – (13:21) Hari : Shai, Bots turned off?
13:30 Hari : ETFs dont inspire me to go for longs
13:31 Jitender : brace fr petrol/diesel rise
13:31 Jitender : on paper low inflation
13:31 Jitender : n rate cuts
13:32 Hari : and some new taxes 🙂
13:33 Jitender : yh
13:33 Jitender : zee tv extorting ppl to start investn
13:34 Shubro : yeah bank called twice
13:34 Jitender : 1.30…expirt time starts nw
13:37 Anubhav : circuit nahi laga :(::: boring election
13:40 Anubhav : snp futures at day low….back to global cues now
13:40 Jitender : but retail wud hv been in good losses 2day
13:40 Sandip : this had to happen…people had bought both puts and calls till yesterday..hoping for a big one side move..which hasent happenned yet
13:41 Anubhav : yes iv 30
13:41 Anubhav : vix was 30 but iv was 45 sorry
13:41 Rushabh : what a day for option sellers
13:41 Jitender : 31k ce 114-63..1srt of the day
13:41 Jitender : 1st shrt
13:42 Govind : World leaders are congratulating Modi, NF/BNF are not
13:42 Anubhav : haha
13:42 Anubhav : sell the news
13:42 Anubhav : buy the hope
13:44 Govind : I suggest we start a hedge fund with Shai at the top…and do a Bobby Axelrod
13:44 Thanika : +1
13:44 Jitender : m in
13:44 Anubhav : reds
13:44 Jitender : i will be the dealer..the onw who punches ordrs
13:45 Jitender : one
13:45 Govind : Dollar Bill
13:45 Deepak : count me in Govind 😀
13:45 Sandip : Hahah Govind a fan of Billions 🙂
13:45 Govind : I am game guys, seriously
13:45 Shubro : szame
13:45 Deepak : big fan of taylor mason here
13:46 Govind : Dont worry, we have the BOT for that
13:46 Manish : I am in. then we don’t have to sit in front of screen everyday.
13:46 Deepak : haha
13:46 Uttam : dPOC shifting down in NF
13:49 Govind : 2pm comin up in 10 mins…
13:49 Govind : at Y’days high now , NF
13:50 Govind : and sliding…will it test Y’days low?
13:50 Jitender : (12:43) Jitender : if now DLs r brkn…we go after yday DLs
13:51 Anubhav : i thnink 11715
13:51 Anubhav : coming
13:51 Anubhav : but firs see 11771 ywvap
13:51 Anubhav : it migh hold for today
13:51 MJ : 11765 series poc
13:52 Seema : suport is nr. 10800
13:53 Sandip : And There go them stoplosses 🙂
13:53 Sandip : 100 pts in 🙂 2 Dt done 🙂
13:53 Shai : 11900 ce stops . Make exits – (13:16) Shai : Trade- Buy 11900 ce May 30 at 140 sl of 101 tgt 211/ 262 .
13:55 Jitender : congo Sandip
13:55 Uttam : super Sandip 🙂 congrats
13:56 Sandip : Thanks Jitender, Uttam
13:56 Anubhav : low 11786 mj
13:56 Amjad : day cot was neagtive comtinously
13:56 Jitender : m very happy today
13:56 Jitender : today was a litmus test for my DT n style of tradn
13:56 Jitender : i passed
13:56 Hiren : portfolio exit messages are coming from advisory services..
13:57 Jitender : tradn such a big event…..may has been exemplary
13:57 Uttam : that results was fixed Jit 😉
13:57 Uttam : but keep rocking man
13:57 Hiren : just now message received from niveza to exit everything
13:57 Jitender : Uttam 🙂
13:58 Jitender : time 2 start slowly lookn at stocks now
13:58 Shubro : the fun will be if the market now reverses to party
13:58 Uttam : yep +1 Jit
13:59 Jitender : Shai…wat do u say ?….
13:59 Jitender : shld i
13:59 Shai : too early – let’s wait for the close
13:59 Shai : anti climax this today
13:59 Shai : thge markets get what it wanted
13:59 Shai : and respond opp 🙂
13:59 Jitender : tx
14:00 Boppanna : BNF 31500 possible ?
14:00 Jitender : but i meant for tradn as i do indexes only (13:58) Jitender : time 2 start slowly lookn at stocks now
14:00 Boppanna : 30500
14:00 Shai : 30590 yes
14:00 Boppanna : thx
14:01 Sandip : lol rahul gandhi loosing to smriti irani..hahahahahah
14:01 Rushabh : shai 10600 on? or wait yet
14:01 Govind : Will it touch 11712?
14:01 Hari : on its way 12:27 Hari : 30542 also
14:01 Psandeep : pe 30900 180 to 240
14:01 Psandeep : what a day
14:02 Uttam : (14:01) Sandip : lol rahul gandhi loosing to smriti irani..hahahahahah…this is 1 result I am waitning for & the other one is Mandya in Karnataka whrre CMs son is losing
14:02 MJ : Uttam that young chap from BLR south winning too na?
14:02 Uttam : huge margin
14:02 Jayanth : yes already won
14:02 Sandip : nice
14:02 MJ : Nice!
14:02 Jayanth : 140k
14:02 Uttam : can be fut CM of Karnataka
14:03 Amjad : uttam day cot was neagtive why there was buy calls
14:03 Sandip : spot pulling down nf hard.. for now
14:03 Uttam : we stopped OTF down in the I period
14:03 Uttam : could have had a short covering move
14:04 Boppanna : Looks like Uttam’s hypo support standing at 650
14:04 Boppanna : BNF
14:05 MJ : Tagged (13:51) MJ : 11765 series poc
14:05 Uttam : that 11765 is hypo2 in NF
14:05 Uttam : staying below it would be bearish
14:06 MJ : Cheers! Uttam 🙂
14:06 Uttam : shorts covering in this dip
14:06 Anubhav : rb rb
14:06 MJ : COT drops by 1L
14:09 Shai : BNF down 1000 from highs
14:09 Shubro : one massive profit booking exercise
14:10 Seema : both side trap for retail traders
14:10 Sandip : final round of premium eating remains
14:11 Govind : IB
14:12 Uttam : lows for the day done?
14:12 Shubro : god knows Uttam lol
14:12 Uttam : J period tail should stay for more confirmation
14:12 MJ : Shubro Uttam has said. 🙂
14:12 Uttam : lets the big boys come in
14:13 Shubro : i thot they packed bags and vacation
14:13 Shubro : india – done and dusted. next stop?
14:13 Uttam : POC of this week’s comp tagged & if these singles stay then PLR for remaining day is up
14:13 Govind : +1 Uttam
14:13 Shubro : ok gimme 1000 points
14:13 Shubro : BNF
14:14 Uttam : diya till Diwali 😉
14:14 Shubro : hehehehe
14:14 Shubro : VT movie title
14:15 Uttam : first hurdle IBL
14:15 Uttam : dPOC also there
14:16 Shubro : done
14:16 Uttam : above it VWAP
14:17 Boppanna : And just like that Uttam’s magic stops the fall a) BNF staying above 30648 can do 30712-784 / 30864-975 / 31062-31154..14:04 Boppanna : Looks like Uttam’s hypo support standing at 650
14:17 Uttam : _/\_ no magic all MP & OF
14:18 Seema : If u see the composit profile VPOC was 11765 (low was 11759), it turned from there.
14:18 Anubhav : 🙂
14:19 MJ : Yeah Yogesh 🙂
14:19 Jitender : 30.7pe 104-52
14:19 MJ : Thought keeping composite on these days is a handy stuff.
14:19 Jitender : very near to doing yday ‘s DT
14:19 Seema : (14:19) MJ : Yeah Yogesh :)….Thanks MJ
14:20 Uttam : 11811 neeeds to hold
14:20 Seema : It should not close below 11800.
14:20 Seema : (14:20) Uttam : 11811 neeeds to hold……YES
14:21 Seema : Can we share other chart on SLACK ??
14:22 Uttam : sure Yogesh
14:25 Sandip : maxx pain at 11800…but the open interest of ce/pe at strike prices is not what is worthy of a regular expiry…weird..maybe circus remains?
14:25 Uttam : yes Sandip harldy any OI right?
14:26 Uttam : (14:20) Uttam : 11811 neeeds to hold…low so far 11811.2
14:27 Shubro : today was retail demonetization
14:28 MJ : Retail ce/pe swaha
14:28 Shubro : hehe
14:29 Psandeep : ravange banknifty put 30900pe 30800pe 30700ope premium in every way…..
14:29 Psandeep : *ravaged
14:29 Shubro : i swear that textbook strategy must be done and dusted today by retail
14:30 Hari : Shai, excess outside range more or less confirmed in both?
14:30 Shubro : Shai wise to carry a BNF long May expiry?
14:33 Thanika : @Sandeep: Any strike to bet in Nifty? 🙂
14:34 Thanika : i longed 11700/11900 strangle small test for this expiry
14:35 Uttam : reds stuck at lows in NF 5min bar
14:35 Psandeep : No buying just sellling for premium eating…quick trades
14:36 Psandeep : @Thanika
14:37 Jitender : 30.7ce 168-83
14:37 Hari : NF close around 10700 spot?
14:37 Jitender : equalled yday MTM
14:37 Jitender : yahoo
14:37 Uttam : 11700 Hari 😉
14:37 Sandip : lOl
14:37 Hari : and BNF 30500?
14:38 Sandip : Pakistan tests nuclear capable missle Shaheen 2…right when Modi is on the verge of winning xD
14:38 Uttam : now this is good news to go long 😉
14:39 Sandip : hehe
14:39 Hari : Many congrats Jit, you are simply superb
14:40 Seema : Buy on rumours and sell on news
14:40 Uttam : yep HAri +1 and he has only himself to better, on a different plane altogether
14:40 Seema : Election party is over.
14:41 Hari : he inspired me to do intra 🙂
14:41 Uttam : your taste is simple HAri, you simply like the best 🙂
14:43 Hari : Tej, are you there
14:44 Uttam : K made an inside bar
14:44 Uttam : what is L gonna do
14:44 Anubhav : spike up close
14:44 Anubhav : just outta respect to modi
14:44 Anubhav : 😀
14:47 Rushabh : uttam whats the view now?
14:47 Uttam : COT -* L
14:47 Uttam : -8L
14:48 Anubhav : ouch
14:48 Uttam : can close at lows Rushabh as singles taken out so Neutral Extrrme profile
14:48 Uttam : we have weekly expiry so that play also happening here
14:49 Uttam : reds continue
14:49 Govind : at the POC again
14:50 Jitender : sum SC due
14:50 Boppanna : hello 19k BNF why o why
14:51 MJ : Lol bopp
14:51 Uttam : right at that 30655 Bops
14:52 Boppanna : I think he is in trouble
14:52 Uttam : yep
14:52 Seema : Near VPOC of April 11765
14:52 Anubhav : shais 10600back on track
14:52 Seema : yes
14:53 Boppanna : Ignore14:52 Boppanna : I think he is in trouble
14:53 Uttam : lol
14:53 Thanika : in the 11700PE/11900CE bet got double. 🙂
14:53 MJ : Cheers! T
14:54 Seema : (14:02) MJ : correct me if i am wrong = If VPOC of April 11765, broken than we can see large fall.
14:54 Rushabh : uttam can we have opposite of last weeks profile?
14:54 Rushabh : so uttam any objective below?
14:54 Seema : (14:02) MJ : Uttam that young chap from BLR south winning too na?……Tejswai Surya
14:54 Boppanna : Pn watch b) Immediate support is at 30570-565 below which it can test 30495-450 / 30392-351 / 30200-120
14:54 Govind : VAL just gave up
14:54 Uttam : 11730-690
14:55 Govind : 11712 is on
14:55 Hiren : 11650 coming?
14:55 Hari : done with BNF at 30542!
14:55 MJ : 11650 yes @Yogesh thats another level Shai’s suggested earlier.
14:55 Seema : ok
14:55 Govind : Damn, what a day! Today is worse than the GoT finale
14:55 Uttam : (14:48) Uttam : can close at lows Rushabh as singles taken out so Neutral Extrrme profile
14:55 Hari : this one Hari : 30542 also
14:56 Hari : and done with NF at 11712
14:56 Jitender : +100
14:56 Hari : 711.15
14:56 Rushabh : +1
14:56 Uttam : +1
14:56 Seema : COT in RED
14:56 Boppanna : Nice one Hari
14:56 Govind : Now, does it go back into the April composite?
14:57 Hari : both entered 21/5 profile comfy, so set up was loud and cler
14:57 Uttam : Yogesh red it is since morning it is getting deep reddder
14:57 Seema : (14:55) MJ : 11650 yes @Yogesh thats another level Shai’s suggested earlier……..ok
14:57 Govind : 3pm comin up
14:58 Govind : Good one Hari
14:59 Seema : if it closes here, than tommorow, GAP Down opeing
14:59 Hari : 11622F again?
14:59 Boppanna : Waterfall
15:00 Shai : all put writers cornered
15:00 Shai : neut ext
15:00 Hari : excess in both confirmed Shai?
15:00 Shai : BNF next supp 30380
15:00 Shai : 30280
15:01 Uttam : (14:54) Uttam : 11730-690
15:01 Jitender : (13:50) Jitender : (12:43) Jitender : if now DLs r brkn…we go after yday DLs
15:01 Uttam : below it 11650-622
15:01 Govind : Bloodbath
15:01 Jitender : chck yday n today’s lows
15:01 Seema : Below 11680 (spot) not good.
15:01 Jitender : brkn (15:01) Jitender : (13:50) Jitender : (12:43) Jitender : if now DLs r brkn…we go after yday DLs
15:01 Boppanna : Jit PDL 14:54 Boppanna : Pn watch b) Immediate support is at 30570-565 below which it can test 30495-450 / 30392-351 / 30200-120
15:02 Jitender : wat a day
15:02 Sandip : any buyers in nf?
15:02 Seema : Shai sir, any suugestion from your side. can we take 11650 put for tomm.
15:02 Uttam : shorts covering here?
15:02 Jitender : bnf dwn 1500 frm dh
15:03 Rushabh : 650 spot coming
15:03 Seema : On closing basis
15:03 Uttam : shorts will want to book profits
15:03 Hari : -ve COT increasing with fal
15:04 Boppanna : Somebody bought the fireengine looks like
15:04 Shai : avoid now- (15:02) Seema : Shai sir, any suugestion from your side. can we take 11650 put for tomm.
15:04 Suyog : bnf is just 200 shy of vix range..
15:05 Seema : Ok sir
15:08 Boppanna : globe red continues
15:08 Seema : As I told earlier, heavy short created in HDFCBANK.
15:08 Shai : +1
15:08 Jitender : +1
15:08 Shai : that news is there in hdfc twins
15:09 Jitender : bye guys…will take an off morrow 🙂
15:10 Seema : I am not watching TV
15:10 Jitender : c u monday…n have a grt weekend
15:10 Uttam : you deserve it Jit 🙂 have a super weekend
15:10 Jitender : _/\_
15:10 Jitender : kudos Seema / Yogesh
15:10 Sandip : Nice 1b Jitender bye
15:10 Jitender : bye
15:11 Psandeep : 26 Dt done guys
15:11 Thanika : 2DT today!
15:11 Uttam : 23May 11900pe made a low of 19.05 & now at 226
15:11 Psandeep : Thank You all
15:11 Psandeep : byeeeeee
15:12 MJ : 100 down from monthly poc.
15:12 Hari : spike…
15:12 Uttam : Neutral Extreme in both so already in spike
15:14 Anubhav : damn
15:14 Anubhav : panic selling
15:15 Govind : yeah, crazy
15:15 Uttam : (15:01) Uttam : (14:54) Uttam : 11730-690(15:01) Uttam : below it 11650-622
15:16 Govind : And VIX has not moved since A period other than go sideways and down
15:16 Anubhav : 11700 put writers 🙁
15:16 Sandip : bought s11600 ce at 32 ..looking at 50 maybe
15:16 Govind : Carrying Sandip?
15:17 Uttam : +1 Sandip that 11900pe not going above 250
15:17 Sandip : todays expiry
15:17 Shai : good place for a bounce
15:17 Govind : oh ok.
15:17 Shai : lows of composite
15:17 MJ : +1 shai
15:17 Shai : High risk long for tom sl of 11610
15:18 Anubhav : ok will try via options
15:19 MJ : Neat trade Sandip! 🙂
15:19 MJ : cheers.
15:20 Sandip : done
15:20 Seema : (15:17) Shai : High risk long for tom sl of 11610……can buy OTM call?
15:20 Sandip : out at 49.5
15:20 Sandip : chalo no mre trade
15:20 Shai : tgt is 11795-11810
15:20 Shai : havemn’t looked at option prices
15:20 Shai : adjust accordingly
15:21 MJ : 11691F Out sandip.
15:21 Uttam : nice Sandip +1 so you back to yur fav expiry options
15:21 MJ : Done for the day.
15:21 Anubhav : wt a quick bounce
15:21 Sandip : Thx Uttam
15:21 Anubhav : our chat is leaked n algos act on it
15:21 MJ : Shai monthly Comp you seeing?
15:21 Sandip : Nice 1 Mj
15:22 Shai : yes
15:22 MJ : Okay. super.
15:22 MJ : 🙂
15:22 Shai : technical sell thjrough the big compo almost 80%
15:22 Shai : this is bad now only if we stay below neu X lows
15:22 Shai : else back up
15:22 Himanshu : Chief – We can buy here BNF
15:23 Himanshu : mean – can short – 30000 PE – for next week exp
15:23 Shai : BNF lows are not secure
15:23 Shai : go with NF
15:23 Himanshu : ok
15:23 Shai : not liking the 3 lows in BNF
15:23 Himanshu : s0 10500 PE short is ok
15:23 Shai : poor lows
15:24 MJ : AWESOME!
15:24 MJ : Shai you pressed all fingers? 🙂
15:24 Anubhav : lo
15:24 Anubhav : ji lo
15:24 Uttam : day COT is almost half red now
15:24 Anubhav : 11640 to 11720 aaj hi
15:24 Uttam : from -9L to -5.4L
15:24 MJ : Yes uttam
15:24 Anubhav : shai has bought at lows
15:24 Sandip : 11600 CE being maintained at 50…not being allowed to jump up
15:24 Shai : COT went pos at the lows
15:25 MJ : today that COT has been a hell of a tool to track the fast moves.
15:25 MJ : Yes bossman.
15:25 Uttam : (15:02) Uttam : shorts covering here?(15:03) Uttam : shorts will want to book profits
15:25 Shai : some misses today – could have executed better
15:25 Shai : but will come back tom
15:25 Uttam : +100 Shai
15:25 MJ : Yes bossman. Wonderful day today to learn some of the same things when they get faster.
15:26 Himanshu : ok covered – |Chief 30000 PE -235-175 in 4mts
15:26 Shai : all those who made money today are champs – really good champs
15:26 Shai : if you did it today you can do any day and every day
15:26 Govind : I did not, boss
15:26 Arjun : incredible shai thank you
15:26 Anubhav : but we just ate vix…n u r a the directional trade expert
15:26 Himanshu : covered Chief – 30k PE – NW – 225-175
15:26 Uttam : we are champs in the making Govind 😉
15:26 Arjun : made 13k today. Thats like 5DT for me
15:26 Govind : but learned a few things
15:27 Hari : +1 Shai
15:27 Uttam : nice Arjun 🙂 congrats
15:27 Shai : Today is once in 5 years @Govind almost an outlier
15:27 Govind : hope so Uttam 🙂
15:27 MJ : Congrats Arjun.
15:27 Himanshu : I did on yesterdays positiobns
15:27 Shai : we do better other days
15:27 Govind : Yeah Shai, thanks for the kind words
15:27 Himanshu : So Chief we shall wait for BNF for lows
15:27 Shai : don’t be disappointed
15:28 Himanshu : i think chief as full resulst announced tom also
15:28 Shai : today was tough when sentiment clashed with tape
15:28 Himanshu : some cheer will be there in market –
15:28 Anubhav : yeah
15:28 Shai : cmon no one expected 11700 with a modi victory
15:28 Sandip : (14:25) Sandip : maxx pain at 11800…but the open interest of ce/pe at strike prices is not what is worthy of a regular expiry…weird..maybe circus remains?….weird ness settles 🙂
15:28 Suyog : +1 Shai.. did not even open terminal today.. i pre-decided, based on volatility, not my strengths yet.. 🙂
15:28 Shai : so don’t be hard on yourselves
15:28 Anubhav : i was expecting a spike up
15:28 Anubhav : atleats inthe end for headlines tomoro
15:29 Arjun : _/\_
15:29 Sandip : Take care everybody Bye!
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Thanika : take care, bye..
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Govind : bye guys
15:29 Deepak : bye all
15:30 Himanshu : BYe Chief – Uttam – Govind – Mihir – TP
15:30 Shai : Suyog 440 against 600 🙂 range
15:30 Himanshu : Hari bhai ..
15:30 Shai : BNF 1480 agisnt 1800
15:30 Shai : 🙂
15:30 Uttam : 1620
15:30 Uttam : it was fro BNF
15:30 Shai : okay
15:31 Uttam : 1680 & 620
15:31 Shai : usdinr is the worry – has not taken this victory well yet
15:31 Himanshu : Chief – we protected – NF – 11650
15:31 Shai : day highs
15:31 Himanshu : so bias is still up
15:32 Himanshu : As you said earlier – if weclose above 11650 – upside opens and then 10600 is gone

Order Flow charts dated 23rd May

Nifty May F:

As mentioned in yesterday’s report, NF stayed above 11715 and went on to make a nice balance between 11715 to 11833 giving a Gaussian profile and an inside bar for the day as NF completed the 3-day balance (chart given below) before the much awaited Election Results Day from where it could give a big move away. The 3-day composite has Value at 11730-11765-11787

[20th-22nd May: 3-day Composite]

  • The NF Open was a Open Auction In Range (OAIR)
  • The day type was a Normal Variation Day – Up (3-1-3 profile)
  • Largest volume was traded at 11765 F
  • Vwap of the session was at 11767 with volumes at 108.1 L in a session of 123 points trading in a High-Low range of 11833-11710
  • The settlement day Roll Over point is 11722
  • The VWAP & POC of Apr Series is 11641 & 11592 respectively.
  • The VWAP & POC of Mar Series is 11327 & 11448 respectively.
  • The VWAP & POC of Feb Series is 10830 & 10856 respectively.

You can check the monthly charts & other swing levels for Nifty & NF here & for the weekly charts & analysis, please click here.

Daily Zones:

    • Value zones (volume profile) are at 11743-11765-11787

Hypos / Estimates for the next session:

a) Staying above 11800-810, NF can probe higher to 11842-871 / 11911-938 / 12004-19
b) Immediate support is at 11780-765 below which it can test 11730-690 / 11650-620 / 11590-550
c) Above 12012, the auction can move to 12050-91 & 12186-201
d) Below 11550, NF can fall to 11527-489 / 11445-425 / 11390-350
e) If 12201 is taken out, higher levels of 12275-289 & 12411 open up
f) Break of 11350 can trigger a move lower to 11296-265 & 11180


BankNifty May F:

BNF gave an OAIR start and remained in the previous day’s range making Value in the low volume zone and in the process completing a 3-day composite (chart given below) just before the event. The auction has a very good chance to move away from here in the coming session(s). The 3-day composite has Value at 30351-30505-30735

[20th-22nd May: 3-day Composite]

  • The BNF Open was a Open Auction In Range (OAIR)
  • The day type was a Normal Variation Day – Up (3-1-3 profile)
  • Largest volume was traded at 30570 F
  • Vwap of the session was at 30541 with volumes at 30.2 L in a session which traded a High-Low range of 30770-30350 for a range of 420 points
  • The settlement day Roll Over point is 29760
  • The VWAP & POC of Apr Series is 30037 & 29762 respectively.
  • The VWAP & POC of Mar Series is 29061 & 29778 respectively.
  • The VWAP & POC of Feb Series 27042 & 26978 respectively

For the Monthly charts & other swing levels for BankNifty & BNF click here & for the weekly charts & analysis, please click here.

Daily Zones:

    • Value zones (volume profile) are at 30450-30570-30639

Hypos / Estimates for the next session:

a) BNF staying above 30648 can do 30712-784 / 30864-975 / 31062-31154
b) Immediate support is at 30570-565 below which it can test 30495-450 / 30392-351 / 30200-120
c) Above 31154, the auction can probe higher to 31250 / 31340 / 31430
d) Below 30120-060, BNF can fall to 29945-880 / 29832-760 / 29675-550
e) If BNF sustains above 31430, it can test 31490 & 31564 but above it could start a leg to 32015
f) Break of 29550 could trigger a move down to 29460-375 / 29320-188 / 29099-016

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at – https://in.explara.com/e/vtrender–trading–room/checkout

Market Profile Analysis dated 22nd May

Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.

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.

NF


BNF


Room Chat

09:17 Shai : (09:16) Shai : bnf STBT cover here at 30360

09:17 Shai : (09:17) Shai : Alos book the 11700 PE at 192.

10:53 Shai : (10:52) Shai : Intra – shoirt BNF 30510 sl of 30630 tgt 20385
(10:52) Shai : 30385**

11:07 Shai : (11:07) Shai : BNF 30445 . Book half here

11:15 Shai : (11:15) Shai : Update – Book the BNF fully 30470

14:23 Shai : (14:23) Shai : Buy 11700 pe at 171 sl of 133 tgt 220/ 265

15:09 Shai : (15:09) Shai : uodate – close out the 11700 pe at 165 cmp


08:58 Vtrender Live : option charts – https://join.me/309-028-779
08:59 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/505028797
09:00 Seema : GM… Friends…
09:01 Hiren : good morning all
09:01 Shubro : Hi everyone GM
09:02 Govind : GM Roomies
09:02 Thanika : Good Morning friends! full time today
09:02 Shai : GM all
09:02 Rahul Desai : Good morning all
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-21st-may/
09:03 Amjad : good morning all
09:04 Deepak : gm all
09:05 Himanshu : GM Chief – Good Morning all
09:06 Himanshu : Good morning Govind –
09:06 Himanshu : Whass up
09:07 Shibu s : suprabhatham
09:07 Jitender : Gm Folkd 🙂
09:08 Himanshu : Jitubhai – WHat say – touching high today in first hal
09:09 Ashutosh : GM all
09:09 Govind : GM Himanshu
09:09 Govind : Shubro, ready for some action 🙂
09:10 Rajendra : Good Morning
09:10 Arjun : Good Morning all:)
09:11 Psandeep : GM All
09:11 Jitender : nope Himanshu
09:11 Jitender : u meant yday high rite ?
09:11 TP : GM All.
09:12 Deepak : gm all
09:13 Himanshu : yes – Yday high
09:15 Seema : charts are not visible.
09:16 Ashutosh : visible here
09:16 Uttam : Good Morning All 🙂
09:16 Govind : Charts are fine here
09:16 Shai : bnf SRBT cover here at 30360
09:17 Shai : Take a fresh view
09:17 Anubhav null : open test drive?
09:17 Shai : Alos book the 11700 PE at 192.
09:18 Shai : need a fresh view for day
09:18 Seema : now visible\
09:18 Shai : will respond to markets
09:19 Shai : don;t trade today with a bias. be flexible and respond
09:19 Seema : Ok Sir
09:20 Shai : expecting one trip up to 11790 and 11822 with a max of 11856 as long as 11710 F holds
09:20 Shai : BNF look to respond near 30610 and 30700
09:22 Anubhav null : 11777 tagged tht was qui k
09:22 Ashutosh : IB at the open?
09:24 Shai : no nt yer
09:24 Shai : vol huts around avg
09:24 Shai : just*
09:24 Uttam : Vix rising?
09:25 Uttam : Shai 11800 combo taken at 518 yesterday now at 550 can hold till close or book here?
09:25 Uttam : monthly combo
09:26 Uttam : as Vix expected to rise today?
09:26 Anubhav null : it will fall tomorrow
09:26 TP : Same here uttam, 515 entry 🙂
09:26 Uttam : super Tej 🙂
09:26 Uttam : learnign a bit from you on the entires 😉
09:27 TP : Together we learn more 😉
09:27 Uttam : +100
09:27 Uttam : cheers:)
09:28 Shai : vix res at 29 amx can do 31
09:28 Shai : intra
09:28 Shai : tom is another story
09:28 Shai : void for last 45 mins also
09:28 Shai : I think we will see a major move last 45 mins today
09:29 Uttam : +1 Shai so can hold on to that combo till 3:00?
09:29 Shubro : OAIR both today SHai?
09:32 Psandeep : Anyone who played VIX from 24, must have seen their profit around 25% by now from tomm to now
09:32 Psandeep : from 24 to 26.92 now
09:33 Psandeep : Best move as Shai said on vix will be last half hour
09:33 Psandeep : Play easy and safe and take whatever market is giving
09:33 Shai : +1
09:33 Uttam : +100 Sandeep
09:33 Shai : that was agood move yesterday Sandeep
09:34 Psandeep : Cheers 🙂
09:34 Anubhav null : green stuck at top
09:34 Shai : usdint abv 69.73 can hustle through yesterday’s profile and more
09:35 Anubhav null : vwap holding so retest of high likely?
09:35 Shai : fairly open auction now in NF
09:35 TP : Shai is it possible to have the original bot signal in the chat whenever the new update comes , like this one came now but difficult to get the original price/signal …..INFY.EQ-NSE Signal Action Alarm! 714.90 at 09:32:01 Heatseeker : Failed lower break in QT-0 again.
09:35 TP : from quick execution point it will help a lot
09:36 Sandip : Hi Shai , Uttam 🙂
09:36 Uttam : is this Sandip Najat?
09:36 Sandip : yessir
09:36 Govind : Sandeep, I have a long strangle in place in the NF monthly. Up from Rs. 360 to 420 this morning.
09:36 Uttam : super buddy 🙂 good to have you back
09:37 Sandip : temperorarily back for some time now
09:37 Sandip : thanks, good to see orderflow again!
09:37 Psandeep : Govind yesterday market gave easy 10% if entry made early as I got in. I made close to 10% yesterday itself
09:37 Uttam : oh yes the OF charts also missed someone who makes optimal use of it 🙂
09:38 Govind : Yeah bro, me too
09:38 Psandeep : Great +1
09:38 Uttam : nice Sandeep & Govind 🙂 congrats
09:39 Psandeep : Uttam ji learning from you 🙂
09:39 Shai : Noted TP – let’s see what can be done – (09:35) TP : from quick execution point it will help a lot
09:39 Uttam : not at all sir _/\_ that vix idea was all yours yesterday and at the right time
09:39 Govind : Thanks Uttam and Sandeep
09:39 Shai : WB Sandip
09:39 Psandeep : 🙂
09:40 Psandeep : Welcome Sandip
09:40 Jitender : congo Uttam
09:40 Shai : BNF – http://mplite.vtrender.com/?symbol=BANKNIFTY&startDate=26-04-2019&nDays=30&tpo=6
09:40 Uttam : thanks Jit but abhi profit booking baaki hai 😉
09:40 Shai : NF- http://mplite.vtrender.com/?symbol=NIFTY&startDate=26-04-2019&nDays=25&tpo=2
09:41 Sandip : Thx guys
09:42 Jitender : wb Sandip
09:42 TP : thanks chief….(09:39) Shai : Noted TP – let’s see what can be done .
09:42 Sandip : Hi Jitender!
09:45 Himanshu : As per Astro View – Yday was MUL nakshatra – where base is made
09:45 Himanshu : if yday low – is intact – can fire up side
09:45 Anubhav null : so upside break after all i ?
09:45 Shai : for the MP lite charts use the CTRL+ mouse wheel to zoom in and out
09:48 Hiren : see the activity in 11000 june expiry pe
09:52 Ashutosh : looks like VT members have cornered all the 11000 jun puts
09:53 Suyog : gm guys.. i would be visiting room intermittently.. just to get ur queries about mplite if any.. also, my first time observing markets around elections.. so, dont wanna be left out of the action.. just watching though and making notes 🙂
09:53 Ashutosh : 30 points premium in nf
09:54 Suyog : updated link for mpheavy:
09:54 Suyog : https://mplite.vtrender.com/mpheavy?symbol=NIFTY&startDate=26-04-2019&nDays=0&tpo=3&dstr=4:2:1:2:4:1:2
09:55 Anubhav null : hello suyog
09:55 Suyog : bnf was a slight different auction than nf, so created a different combo here.. let me know if it needs modification
09:55 Suyog : https://mplite.vtrender.com/mpheavy?symbol=BANKNIFTY&startDate=26-04-2019&nDays=0&tpo=6&dstr=6:1:2:4:1:2
09:55 Govind : Thank you so much, Suyog!!
09:56 Suyog : hi Anubhav..
09:57 Anubhav null : is it possible to show volume for each days profile seperately?
09:58 Rohit : hi @shai today no link posted for options charts?
09:58 Anubhav null : like volume profile c bars or something
10:00 Suyog : volume profile per day, i deliberately left out in first iteration as it expands the already wide chart..
10:01 Suyog : the volume number is there in the bottom rows
10:01 Suyog : *total volume for the day
10:01 Anubhav null : ok but u can put an option to ena le it if someone is viwing only 2-3 days charts
10:04 Suyog : ok, noted.. good point
10:04 Anubhav null : ok
10:04 Anubhav null : sent u a dm
10:06 Anubhav null : tough fight between bulls n bears
10:06 Anubhav null : today
10:07 Shai : @Rohit- (08:58) Vtrender Live: option charts – https://join.me/309-028-779(08:59) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/505028797
10:15 Anubhav null : greens
10:16 Uttam : late shorts SL looks like
10:16 Uttam : NF moving put of that MB
10:17 Uttam : BNF also from one MB to another
10:17 Rohit : @shai thansk…
10:18 Anubhav null : c ext coming?
10:22 Sandip : Very less writing in nifty options for now. Looks like writers afraid of moves that may happen tomorrow.
10:23 Uttam : yes Sandip pretty low OI too right?
10:23 MJ : Shai post election do we get back the mb next to 5 min?
10:24 Sandip : Yea, IV’s have also moved up abit
10:24 Uttam : the D-day finaaly arriving…
10:24 Shubro : 12000 CE 157 to 164.75
10:24 Sandip : xD
10:25 Suyog : can anyone guess what the dynamic vix of tomorrow is ? 🙂
10:25 Suyog : in 70s
10:25 Suyog : if stays or increases till close, will make the expiry range at 1800 and 600 in BNF and NF respectively 🙂
10:26 Uttam : whooaaaa
10:26 MJ : Wow. That would be largest day range in few years I reckon.
10:27 Uttam : you are tempting me to hold on to that 11800monthly combo Suyog 😉
10:27 Suyog : yup, hence last 30 mins imp.. lets see where it closes eventually
10:27 Govind : Sandeep, are you noticing this…both CEs and PEs are gaining…demand for both..
10:27 Suyog : this vix will vary through the day
10:28 Sandip : Govind, thats what happens before a massive event. High Iv’s = uncertainity in the mkt = high premium in both
10:28 Govind : Yeah, need to get out before the crush
10:29 Sandip : guys the election result will be out when tomorrow?
10:30 Suyog : june IVs are quite low for now.. so, looks like pure speculative money for tomorrow.. and some in May monthly series..
10:30 Govind : Results come in a staggered manner I think Sandip
10:30 Psandeep : That whats we are playing Govind, sit and relax. Dont book now even if u see price crush after Up. Just relax and sit back
10:30 Shai : 600 looks less to be honest – (10:25) Suyog : if stays or increases till close, will make the expiry range at 1800 and 600 in BNF and NF respectively 🙂
10:30 Shai : 🙂
10:30 Govind : Ok Sandeep
10:31 Suyog : 🙂
10:31 Psandeep : Suyog Vix 70 does not seem probable. May be possible, for me the value should reach 58 around at max
10:32 Suyog : yes, lets see at close, for now that is what the calculated value is
10:32 Shai : There now- (09:20) Shai : expecting one trip up to 11790 and 11822 with a max of 11856 as long as 11710 F holds(09:20) Shai : BNF look to respond near 30610 and 30700
10:32 Psandeep : nice Shai
10:33 Shai : bias stays positive
10:33 Shai : COT has not deteriorated over yesterday
10:34 Uttam : (10:29) Sandip : guys the election result will be out when tomorrow?…counting starts at 8 am and trends could start getting clear by 12
10:34 Sandip : Thx Uttam
10:34 Shubro : COT actually improved over last 1 hour or so
10:35 Shubro : interesting 2 days ahead wohoo
10:36 Jitender : 2 weeks back Suyog..u wanted a range…n i had commented tat with vix were it is range wont come 🙂
10:36 Psandeep : JUST IN CASE : If anyone incase entered both 12kce and 11.7pe yesterday. Square off 11700pe(already up 70 points) from buying. And buy same qty of 12400pe around 150
10:37 Psandeep : sorry 11400pe
10:37 Uttam : Vix 27
10:37 Thanika : Done, and inching up in DT :-))
10:38 Suyog : @Jit, experience has to count for something 🙂
10:38 MJ : Sandeep that was a nice trade. Was monitoring that one.
10:38 Jitender : always plan fr data & prepare fr the unplanned 🙂
10:39 Suyog : +1
10:39 Psandeep : MJ best trade was last week, if any anyone remember 6K qty of 12K average at 44. Not sure if anyone in here
10:39 Ashutosh : +100
10:39 Psandeep : 12kce 30 may nifty
10:40 MJ : I did.
10:40 MJ : I add them on my options console and track.
10:40 Psandeep : 🙂
10:40 MJ : Great stuff. Keep sharing your views.
10:40 Thanika : +100 (10:40) MJ : Great stuff. Keep sharing your views.
10:41 Psandeep : Cheers 🙂
10:44 Shubro : IB NF 30 min
10:45 Boppanna : BNF BNF 510-530 on watch if playing C ext below that shorts safe if that holds 750 possible IMO
10:46 Himanshu : Any one lacks energy plese listen Arnab Goswami
10:46 Himanshu : His voice resembles Nifty 12500
10:47 MJ : hahaha!
10:47 MJ : Himanshu.
10:48 Shubro : good one
10:48 Himanshu : Guy has gone bersek
10:48 Shubro : well hes getting paid to go berserk
10:48 Shubro : news opera singer
10:48 Himanshu : He is saying all opp leaders are lossing heavily so election ws farc
10:48 Himanshu : Chunav Farji tha – MC – BC
10:48 Jitender : hv unsubs hs channel
10:49 Himanshu : Am sure in real life – guy must be using MC – BC left right and centre
10:49 MJ : Best exit poll coverage was done by Rajdeep and Rahul. IMO
10:49 MJ : Neat and audible.
10:50 MJ : One news channel got a fucking helicopter vfx wala to cover exit polls.
10:50 Himanshu : Any one can hear his MC BC as slient – today he is abressive on opp panel
10:50 Uttam : was chekcing channels in ENtrtainement section to watch the exit poll 😉
10:50 Uttam : its been ages since saw any news channel
10:50 Himanshu : Bhai – all you watch is MProfile chatts
10:51 Uttam : _/\_
10:51 Himanshu : charts – Uttam is all money money money
10:52 Himanshu : Pls train your kid also – along with Alphabets – IBH- IBL etc
10:52 Uttam : yes reading the charts correctly is what we all need to do & that is why MPLite is such a super platform
10:52 Shai : Intra – shoirt BNF 30510 sl of 30630 tgt 20385
10:52 Shai : 30385**
10:52 Sandip : Uttam Mp lite is available to evryone?
10:52 Uttam : (10:52) Himanshu : Pls train your kid also – along with Alphabets – IBH- IBL etc lol both my daugther & son ask me why I am learning A,b,c when they see the profile charts on my laptop 😉
10:53 Uttam : yes Sandip, it is for all 🙂
10:54 Jitender : tell kids if tey learn a,b,c …of evrythn in life well….their journey to Z will be awesum
10:54 Himanshu : HA HA- Yes –
10:54 Uttam : satyavachan Jit 🙂
10:54 Himanshu : if you tell them A is TPO – they will confuse rest of the kids in the class
10:55 Jitender : disruptin in orignality is good
10:55 Uttam : lol then I will have to avoid going to their PTMs as the class teacher will ask whats going on
10:55 Himanshu : Just visualise that ?
10:55 Jitender : evolution is due 2 disruption in normal
10:56 Uttam : yes Jit normal is boring
10:56 Himanshu : See – I have observed – moment they know you are from stock market trading – you get good reception
10:56 Himanshu : I use this many time – you seek to get good service – Jumping the que – getting your job done
10:56 Jitender : tats why KS was written in India 🙂
10:57 Jitender : (10:56) Uttam : yes Jit normal is boring
10:57 Suyog : not joking, but my kid tried to help my wife a lot with picking the right color scheme for mplite 🙂 that too at 11 PM at night.. i was just watching from a distance :))
10:57 Himanshu : Jit – KS ? in the morning ? seems 5 DT is done
10:57 TP : haha
10:57 Uttam : wow Suyog you sure have a good successor in there waiting in the wings
10:58 Jitender : Himanshu…..heard of will smith
10:58 Himanshu : Some reds in nF not good sight
10:58 Jitender : his secret of stayn young n creative
10:58 Himanshu : HMM
10:59 Jitender : everythn in life is interconnected
10:59 Ashutosh : +1
10:59 Shubro : systems thinking Jit
10:59 Jitender : just fig out the flow
11:00 Jitender : n u r set
11:00 Himanshu : Jit – whst ur view for today in second half
11:00 Himanshu : am short in 29000 PE and 28500 PEs
11:00 Himanshu : very fee 29500 and 30000
11:00 Jitender : trade with 1/4th yr vols
11:00 Jitender : n b nimble
11:01 Jitender : n dont carry
11:01 Jitender : 2mrw morn all buyrs may gt a good shock
11:02 Shubro : lol so true
11:03 Manish : jit, any reason they keep election results on a market working day instead of a Sunday ?
11:03 Uttam : why to spoil the weekend Manish 😉
11:03 Uttam : weekend is for relaxing
11:03 Suyog : Manish, you forgetting it is an expiry day too.. not just any working day 🙂
11:03 MJ : Manish you notice they kept on thu too?
11:03 MJ : aah there you go suyog 🙂
11:03 Uttam : EC fellow is a pukka day trader 😉
11:03 Ashutosh : satta
11:03 Jitender : Manish max gambling n manipulation poss on expiry day
11:04 Manish : so was this deliberate ?
11:04 Jitender : tats yr system
11:04 Jitender : yup
11:04 Manish : wow
11:04 Shubro : BNF phuss
11:04 Shubro : NF phuss
11:05 Jitender : tols suyog also yday…dont shrt any ce/pe …buy tem watever yr view
11:05 Jitender : (11:00) Himanshu : am short in 29000 PE and 28500 PEs
11:05 Jitender : as long vix remains abv 26.8-27 roughlt
11:05 Jitender : n sq by 2.30….tats wen u can think of shrtn ce/pe
11:05 TP : monthly jun 118k combo around 700 , looking for 1000 on it any views.
11:06 Jitender : i bought 30.5ce at 600 & pe at 642 in morn…chck their prices now
11:06 Uttam : Tej pehle May ka 100 karwa do 😉
11:06 Jitender : n wat mkt has done 🙂
11:06 Uttam : 1000*
11:06 Uttam : Vix ki maaya hai Jit
11:06 Uttam : 27.3 now
11:07 Jitender : ys
11:07 Shai : BNF 30445 . Book half here
11:07 Uttam : nice trade Shai 🙂 +1
11:07 Suyog : https://mplite.vtrender.com/?symbol=O_BANKNIFTY30500CE20190523_BANKNIFTY30500PE20190523&startDate=10-05-2019&nDays=8&tpo=6
11:08 Suyog : that 30.5 straddle chart, going up by the min..
11:08 Jitender : but again reiterating (11:01) Jitender : 2mrw morn all buyrs may gt a good shock
11:08 Suyog : +1 jit
11:08 Shai : Plan was here in Morning for this trade though we came late into the game – (09:20) Shai : BNF look to respond near 30610 and 30700
11:08 Jitender : +1
11:10 MJ : What is one big element to watch out when you are picking straddle charts?
11:10 MJ : Trades*
11:11 Jitender : MJ tats fr me ?
11:11 TP : Uttam May writers may not let the big move play out , is my guess.
11:11 Jitender : post 2.30 today Tej
11:11 MJ : Yes and anyone else too who does straddles?
11:11 Jitender : i hv a reason fr tat
11:11 Deepak : any software to see real time option combo charts ?
11:11 MJ : Deepak you can plot in mplite.
11:11 MJ : Do share Jit.
11:12 Jitender : MJ u know all the answers n connected to everyone here, withmultiple telegram grps…so i guess i will the ans for others to gv
11:12 Jitender : n r*
11:12 Thanika : I do straddles, i had an AFL to combine the premiums
11:13 TP : So jit you expecting vix to cross 30 post 2:30.
11:13 Jitender : one spike abv 28-29…i will shrt ce/pe
11:13 Shai : aren’t you also disppointed it did not do 36 already? 🙂
11:13 Jitender : yh
11:14 Psandeep : No Shai, after 3.15 pm it will do today probably. when both pe and ce may skyrocket
11:14 Shai : this is almost a guaranteed once in 5 year move of vix
11:14 Shai : should do 36 every election actually
11:14 Deepak : ATM IV in 23rd may nifty is 90+, it’s because of weekly options introduction we are not seeing it in INDIA Vix
11:14 Jitender : ten in tat case….i mite well turnout to be wrong aby=t vix Tej
11:14 Deepak : right?
11:15 Shai : Update – Book the BNF fully 30470
11:16 Jitender : Shai..u r expecting vi to spike up2 36 by morrow ?
11:16 Jitender : vix
11:16 TP : 30th may 12k pe 415 dec 12k pe 540 !!
11:16 Shai : today’s chart puts max at 29 remote 31
11:17 Shai : watch 11650 spot guys
11:17 Suyog : june options are the culprit.. i have observed, the spike randomly in day.. and take calculated indiavix to 40+ levels, though the charted indiavix stays low
11:17 Suyog : *they
11:17 Shai : this is positive as long as 11650 spot is with bulls today
11:17 Shai : the minute 11650 goes prepare for a 200 point slide to 11450 zone
11:17 Rushabh : shai you expect it today?
11:18 Shai : day low is 11682 spot
11:18 Shai : buy ATM puts if we are below that level
11:18 Shai : yes Rushabh
11:19 Jitender : k…i will gv one more hint, n i mite b wrong, but if it helps save money fr guys here. This is for 23rd may options primarily (11:08) Jitender : but again reiterating (11:01) Jitender : 2mrw morn all buyrs may gt a good shock
11:19 Shai : Just reworked the charts a bot after the close yesterday. There is still a lot of beraish ness here IMO but gresh dowsides haave to break 11650 compo lows spot
11:19 MJ : @jit Connected yes I am with our members of VT. But was genuinely seeking how you go about it. Anyway thanks..
11:19 Jitender : +1
11:20 Shai : I doubt if much moves at the open 9.15 am
11:20 Shai : infact am expecting news to flow only by 12
11:20 Jitender : irespectv of tat…tere is a technical reason fr options going dwn
11:20 Shai : remmber raj and MP and UP are slow counters
11:21 Jitender : delhi will be known by idnite
11:21 Jitender : mid
11:21 Shai : okay
11:21 Jitender : results…not trends
11:21 Shai : Last time Raj and MP were not done till 4 pm
11:22 Jitender : Tej…u gt my view n drift ?
11:22 Govind : and I am hearing that TN and Puduchery will be delayed
11:23 TP : Yes Jit
11:23 Jitender : wat matters is UP, MP, WB & AP
11:23 Uttam : Jit but this will be only for 23rd options right?
11:24 Jitender : ys
11:24 Uttam : next week options may still retain the premiums
11:24 Jitender : but if vix goes below 27…ten
11:24 Uttam : that is why took the monthly ones 😉
11:24 Jitender : +1
11:24 Uttam : yes will be booking part at close today so reducing my risk
11:24 Jitender : but pls understand we may not be rite…so be prepared n plan fr exegencies…if unexpected happens
11:25 Jitender : i have planned mine… 🙂
11:25 TP : 23rd options are a big risk if you cannot exit positions quickly.
11:26 Jitender : yup
11:27 TP : moreover brokerages will be slow , terminals hang and poor connectivity.
11:27 Uttam : yes yes will have only min poistions for tom
11:27 Shai : NF and BNF wandering 🙂
11:29 Uttam : it is a repeat of last week Shai, 2 big range days & market balancing now in between but need to see if it gives a move away on Friday
11:29 Jitender : +1 Tej…just tweeted tat 🙂
11:33 TP : Can’t see it , share on slack.
11:33 TP : got it
11:34 Jitender : random channel
11:40 Uttam : vix nearing 28
11:44 Uttam : @Tej you there?
11:46 TP : YES
11:46 TP : oops
11:46 Uttam : that 11800 combo 624 looks like a nicep lace to book, vPOC in it
11:46 Uttam : https://mplite.vtrender.com/?symbol=O_NIFTY11800CE20190530_NIFTY11800PE20190530&startDate=10-05-2019&nDays=8&tpo=6
11:47 TP : Yes even i am thinking of moving to jun one now.
11:47 Uttam : A period singles today so goo chance of closing at highs today that combo
11:47 Uttam : June monthly one or first week’s?
11:48 TP : monthly
11:48 Uttam : let me plot that also on MPLite and check
11:48 TP : +1
11:48 Suyog : guys, june options not available right now 🙁
11:49 Uttam : oh ok Suyog just reliased 😉
11:49 Suyog : also, missed 20 May data due to a small error in script
11:49 Uttam : will put it for now in the ami one
11:49 Suyog : but in general, what do you guys think, is it needed ?
11:50 Uttam : on yes Suyog, it is a very useful feature
11:50 Shubro : Uttam/Suyog how to plot the combo?
11:50 Shubro : can select only 1 instrument at a time?
11:50 Suyog : ok, good, will add it in a way..
11:51 Uttam : thanks Suyog 🙂
11:51 Jitender : 45DTE options is wat will b optimum Suyog
11:51 Suyog : yes, Shubro, the interface is not ready to select combo, but you can create a URL for it or request me or Uttam to create 1.. he has shared a document for it too
11:51 Uttam : @Subro the link is given in the learning strategies channel
11:51 Suyog : ok Jit, so, June options start mid of May ?
11:51 Jitender : ys
11:52 Suyog : thx.. will implement it
11:52 Jitender : +1
11:52 Psandeep : Uttam, Suyog can you share link of mplite where we can plot option straddles ?
11:53 Uttam : https://mplite.vtrender.com/?symbol=O_NIFTY11800CE20190530_NIFTY11800PE20190530&startDate=10-05-2019&nDays=8&tpo=6
11:53 Suyog : same link Sandeep, just notice the value of symbol in URL
11:54 Suyog : btw, no point in plotting next weekly options till current week is done, right? or some 7DTE type could make sense? though not sure how liquid they are
11:54 Shubro : (11:53) Uttam : https://mplite.vtrender.com/?symbol=O_NIFTY11800CE20190530_NIFTY11800PE20190530&startDate=10-05-2019&nDays=8&tpo=6 Utam this is 11800?
11:55 Psandeep : Got it Suyog was missing that URL inputs. Thank you Suyog, Uttam
11:55 Uttam : yes Shubro
11:55 Uttam : you can change the strike price & expiry date
11:56 Psandeep : nice work Suyog.
11:57 Jitender : no doubt
11:57 Uttam : indeed super work it is #applause
11:57 Suyog : _/\_
11:57 Anubhav null : yes gr8
11:57 Shubro : superb Suyog
11:57 Shubro : take a bow mate!
11:57 Anubhav null : good for zwkng trading
11:58 Anubhav null : swing*
11:58 Psandeep : The vol thing is amazing put. Great work
11:58 Shubro : Uttam if i want to see another combo how?
11:58 Thanika : +100 @Suyog
11:59 Uttam : (11:55) Uttam : you can change the strike price & expiry date in the link
11:59 Uttam : @Shubro
11:59 Shubro : ahhhhhhh okay just figured it thanks!!
11:59 Uttam : +1
11:59 Suyog : yes.. ideally can plot any straddle/strangle for which there is data..
12:00 Shubro : bloody hell fantastic Suyog
12:00 Shubro : i was almost thinking of buying something for this…we have it here…genius!
12:00 Suyog : the data part, will take a few days to get stable as i did not anticipate nifty will move so much as soon as i make options data live :D, pls stay put till then 🙂
12:01 Shubro : with you dear Sir
12:01 Shubro : VIX at 27.93
12:01 Suyog : thanks guys.. _/\_
12:02 Shubro : bugger if only we could trade vix
12:02 Uttam : thanks to you Suyog 🙂
12:02 Shubro : i was just thinking other day the only guaranteed return on option trades if it were possible would be to short movie ticket prices on opening day
12:03 Shubro : and long school fees
12:03 Ashutosh : lol
12:03 Shubro : BC schools are something i have lost faith in these days
12:04 Ashutosh : +1 lac
12:04 Govind : Shubro, that is why I put my girls at the least fancy school. Good people running it
12:04 Govind : Fees around 50k per year, with free lunch
12:05 Ashutosh : entire education system needs a revamp
12:05 Shubro : i agree totally. kids come out with zero skills from fancy places.
12:05 Rushabh : There’s soon going to be a startup/company to replace these schools with something and its going to be worth Biliions$ (12:03) Shubro : BC schools are something i have lost faith in these days
12:05 Govind : Very strict, no social media accounts allowed, no cell phones allowed
12:05 Sandip : Yes Suyog, very nicely done. This gives people to choose MP for options also. Brilliant
12:05 Govind : Strangely, my kids love their school
12:06 Shubro : perhaps the best decision Govind for their lives.
12:06 Shubro : else every day is like a deal making session for me
12:06 Shubro : saala investment bankers at home
12:07 Govind : Yeah Shubro
12:07 Shubro : on value only price
12:07 Shubro : *no
12:08 Govind : Breaks my heart to see 9th grader driving in a BMW. What are their parents setting him up for? Savings nd simplicity is a virtue that has been lost since the software boom
12:08 Shubro : i really want to read and get advice on how to create that fire in the belly in this material world
12:11 MJ : Any parent exploring the home schooling option here?
12:12 Psandeep : Looks like some one is intersted to invest 😀
12:12 Uttam : kya baat hai Mihir ;-p
12:12 Manish : TP : 23rd options are a big risk if you cannot exit positions quickly.; TP, but if you have taken a small lottery trade and if it is in your favor then can’t you let options expire without exercising tomorrow ?
12:12 Shubro : MJ practically had to extract my younger one from a fancy school daily issue related envy thy neighbour problem
12:13 Uttam : vix 28
12:13 Shubro : planning to go old school now. Bought a few pairs of juttis from amristar last trip.
12:14 MJ : Lol sandeep.
12:14 Boppanna : BNF triple inside coiling
12:14 Psandeep : Vix now slowly started to give MAZAA
12:14 Shubro : vix vix vix is the name of game rest of day
12:15 Jayanth : @28
12:16 Shubro : but action only 2 it seems dekho
12:16 Shubro : o rmaybe none today
12:16 TP : Manish as will be volatile loteries need to be part booked as and when possible.
12:16 MJ : My sister in US is homeschooling her kid. Wanted to check how is goes in india?
12:17 Shubro : homeschooling is good if you can create a similar social environment as well
12:17 Shubro : kids need other kids cant just hanf with parents
12:18 Shubro : else u go back to telly and mobiles
12:20 MJ : Yes shubro.
12:22 Suyog : https://vtrender.slack.com/archives/C0N9BFAF4/p1558507982030600
12:22 Suyog : for straddle/strangle charts
12:24 Shubro : Uttam hypos intact yeah?
12:24 Shubro : we are still hypo 1 in NF/
12:28 Uttam : yes Suyog range wise there is no expansion so far
12:28 Shubro : Day COT RED
12:28 Shubro : deep red
12:28 Uttam : it that happens with rising vix will get a bigger move in options combo
12:31 Suyog : vix is still high.. looks like it will stay so.. or even get higher..
12:32 Uttam : 29 res and max 31 is what Shai gave in the morning
12:32 Suyog : oh i was talking about 23 may series.. which is in 70s 🙂
12:33 Suyog : am wondering if we can manage a 100 in it :))
12:34 Boppanna : BNF no stalling at 450 pls
12:34 Jitender : theta seepin in
12:34 Shubro : Yessss!
12:34 Uttam : 11800 combo at 574 need 50 more by close
12:36 Jitender : brah pls gv an hrly update on it…if nt much issue
12:36 Jitender : it will help
12:36 Uttam : 11800 combo Jit?
12:36 Jitender : yh
12:36 Uttam : sure am holding so tracking only that today 😉
12:37 Jitender : tx
12:37 Uttam : 🙂 _/\_ ab rulaoge kya
12:37 Uttam : sliding down
12:39 MJ : 9k reds at bnf 5 min bar low.
12:39 Jitender : 🙂
12:40 Himanshu : Reds in NF – Uttam
12:40 Uttam : 11715 is a hvn so NF needs to stay below it for more downside
12:40 Uttam : else rotations between 11770 and 11710-705
12:41 Shubro : one trip to 770 required
12:41 Shubro : 3DT so far
12:41 Uttam : same in BNF sustainig below 30384 will get more weakness
12:41 MJ : Cheers S!
12:42 Shubro : thx MJ
12:42 Uttam : -68k COT in NF
12:42 Uttam : 5min bar
12:42 Jitender : congo Shubro
12:42 Uttam : most of them seem to be stuck?
12:42 Uttam : yes Shubro congrats
12:42 Shubro : Jit your guidance only past and present.
12:43 Shubro : thanks all
12:43 Shubro : Hypos serve as master frame
12:43 Govind : Shubro money!!!
12:43 Shubro : yes all goes to school fees Govind lol
12:43 Govind : haha
12:44 Govind : am @ 1DT so far
12:44 TP : Uttam pe exited at 320 / holding ce with 245 sl. so 50 points profit locked.
12:44 Shubro : stay light and we know it rocks end of day
12:44 Shubro : as Jit said watch out for theta
12:45 Uttam : nice Tej 🙂 congrats
12:45 Shubro : sometimes option physics works 🙂
12:45 TP : tks.Uttam
12:46 Shubro : need 11770
12:47 Thanika : wow, VIX
12:47 Uttam : Vix nearing Shai’s res level also Tej
12:48 Uttam : timely booking looks like that one
12:49 Himanshu : Govind bolo hari Gopal – bolo 1 Dt
12:49 Himanshu : good bro
12:49 Govind : Thanks Himanshu…speaking of Hari Bolo….is Hari taking the week off?
12:50 Hari : came in few mins back
12:50 Uttam : hey Hari
12:50 Hari : NF anf BNF both got rej at pb high
12:50 Jitender : +1 Tej
12:50 Uttam : see they tke your name & you here
12:51 Hari : 🙂
12:51 TP : Uttam out of ce also 262 …let’s get into scalp mode now 🙂
12:51 Uttam : nice Tej will hold till 2:30 and decide
12:51 Hari : should get a deep cut here, let us see at 1.45
12:52 Uttam : SL for that below 550 roughtly
12:52 Govind : Hi Hari
12:52 TP : tks Jit ,
12:52 Uttam : looking for 610-625 by close today
12:52 TP : Uttam looks like you might get 30 plus on vix by 2.30
12:52 Shubro : 11770 would be lovely shorting point
12:52 Hari : hw abt 550?
12:52 Jitender : vix 28.77
12:53 Uttam : (12:52) Hari : hw abt 550? you telling abt NF Hari?
12:53 Hari : open at lower value + OAIR till 1.45 + rej at PB high, so longs are ruled out. Yes NF Uttam
12:54 Uttam : I was talking about the 11800 monthly combo 🙂
12:54 Hari : oopps…sorry I mixed up the convo yet to read the msgs
12:54 Uttam : bring it on Hari, as combo will rise more if there is a trending move
12:54 Hari : 11712 is the pivot for the day, below 150 pointer in offing
12:55 Hari : how abt open at 11140 tomm? #wishlist
12:55 Shubro : that would make Hari OM wish
12:55 Uttam : what are you planning to do overnight Hari 😉
12:56 Jitender : not 10140 Hari 🙂
12:56 Shubro : sneak into NSE
12:56 Uttam : let me then hold my combos for a 1000+ open tom then 😉
12:56 Shubro : jeezus Hari what have you been up to
12:57 Hari : Uttam, pls delete that comment
12:57 Uttam : lol
12:57 Uttam : last time you asked me to delete a post then you repented for it HAri 😉
12:57 Uttam : history repeats 😉
12:58 Hari : no that political one, just posted for quick info
12:58 Uttam : but trend will show only by 12 na Hari?
12:59 Uttam : open should be pretty much stable?
12:59 Psandeep : Uttam how to seach morning chat post. Search looks like working for 10 15 page scroll up
12:59 Uttam : unless we fall into the close tofay
12:59 Psandeep : *search
12:59 HPandey : its all about starting lead uttam
12:59 Uttam : guess by 9:15 some leads will start coming in
12:59 Uttam : SGX will have a crazy hour from 8 to 9
13:00 HPandey : if BJP leads expext a gap up else gap down
13:00 HPandey : remember Gujrat elections
13:00 Gaurav : yups couting starts at 8 AM
13:00 Gaurav : Gujrat was going to be next comment 🙂
13:00 Hari : Market is nervous Uttam, can see it across instruments Uttam. Irrespective of who comes, there can be sell off
13:00 Hari : Market does not like BJP
13:01 Uttam : no wonder even Jit does not like ;-p
13:01 HPandey : by 9.-9.30 congress was leadig
13:01 Psandeep : Uttam how to seach morning chat post ? Search looks like working for 10 15 page scroll up
13:01 Uttam : todays?
13:01 Psandeep : yes
13:01 HPandey : y hari (13:00) Hari : Market does not like BJP
13:01 Sandip : wtf bnf options have 500-600 premium??
13:01 Uttam : you can incrase the chat box
13:02 HPandey : we have stellar run just on exits poll
13:02 Uttam : make it full screen
13:02 Uttam : then it will be easier to scroll up
13:02 HPandey : but yeah even if BJP wins dump os quite possible
13:02 Hari : Whole economy in totters
13:03 Hari : worst in the last 10 years, no one talks about it
13:03 HPandey : as retail is all geared up for 12500
13:03 Uttam : also Sandeep right clikc search chat option also there
13:03 Hari : and also bulls wont reload at these levels if they want to take it up
13:03 HPandey : not whole but some pockets (13:02) Hari : Whole economy in totters
13:04 HPandey : correct (13:03) Hari : and also bulls wont reload at these levels if they want to take it up
13:04 Hari : tell me which sector is doing well?
13:04 Uttam : such a nice bell in NF
13:04 HPandey : but they have to lure retail…
13:04 Uttam : and BNF also in the process of forming one
13:04 Hari : auto, fmcg, consuder durable, agri et al gone
13:04 Psandeep : Thanks Uttam, but not working for me prior to 12.04 pm post view. No worries its not imp.
13:05 Shubro : waiting to be greedy when it falls
13:05 Uttam : you logged in again is it?
13:05 Psandeep : Yes
13:06 Shubro : out of all positions
13:06 HPandey : hari u tgting 550 in NF?
13:06 Uttam : then chat does not load from start
13:06 Jitender : 28.9 vx
13:06 Thanika : me too! (13:06) Shubro : out of all positions
13:07 Uttam : I have the entire chat if you are looking for anythign specific can post it on slack or here
13:07 Shubro : (13:06) Thanika : me too! (13:06) Shubro : out of all positions + 1
13:07 Psandeep : not required Uttam, its ok
13:07 Psandeep : Thanks though
13:07 Shubro : COT getting bloody
13:08 Uttam : okies 🙂
13:09 Seema : if COT is RED, means bias is BEARISH?, am I correct friends?
13:09 Shubro : COT is agressive buyers sellers net so yes intra
13:10 Ravikiran : in which one
13:10 Shubro : 30 min lower table
13:10 Manish : shubro, what do you mean by aggressive ?
13:11 Suren : What is teh diff bet COT and Net delta
13:11 Suren : both are market orders rifht
13:11 Shubro : larger numbers relative to the bar volumes
13:11 TP : Bad nos Indusind…NPA doubles and PAT half than expectation
13:12 Shubro : delta is overall buyers and sellers
13:12 Anubhav : reliance also flat now
13:12 Manish : Shubro : larger numbers relative to the bar volumes; this means includes orders which were not executed ?
13:13 Shubro : i think all orders here in are executed trades Manish
13:13 Uttam : Delta is aggresive buying minus selling
13:13 Uttam : COT is entire buying minus selling
13:13 Shubro : Oh yes right Uttam Cot is reverse
13:13 Anubhav : 11650 tag coming?
13:13 Shubro : thanks Uttam i was in pre training bad habit
13:14 Shubro : Guys apologies its the reverse
13:14 Uttam : i had the same confusion initially Shubro
13:14 Manish : sorry uttam, what again is the difference between agressive buying minus selling vs total buying minus selling ?
13:14 MJ : (09:06) Shai : on the charts today at the top of the bar we have added the volumes in yellow, then the COT in blue and the delta of the bar in white(09:07) Shai : COT is net of all the buying minus selling of the bar(09:07) Shai : delta is only the aggressive buying selling difference of the bar(09:07) Shai : COT will update real time and give a value based on sellers adding or buyers adding
13:14 Shubro : message is COT more important than DELTA
13:14 Uttam : Delta may not give you a full picture at times Manish
13:14 Shubro : and learning is during trends lower the priority to COT
13:15 Seema : (13:09) Shubro : COT is agressive buyers sellers net so yes intra…..THANKS Shubro
13:15 Shubro : Seema other way around ..see Uttam msg above
13:16 Boppanna : BNF pushing
13:16 Shubro : uh oh happy bunnies stuck at top NF?
13:17 Sumit : yes
13:17 Uttam : Vix retracing a bit from 29 levels?
13:17 MJ : (12:39) MJ : 9k reds at bnf 5 min bar low.(12:42) Uttam : most of them seem to be stuck?
13:17 Govind : Indus going up…may prop BNF…but for how long?
13:17 MJ : Shubro 770 agya 🙂
13:17 Jitender : 28.48 (13:06) Jitender : 28.9 vx
13:18 Shubro : aur main nikla apni gaddi leke
13:18 Govind : Shubro, that is right in the midle of the vlaue area of the April composite
13:18 Shubro : i was out a while back so no regrets DT secured
13:19 Shubro : apna bread+butter done
13:19 Shubro : abhi lets see if opportunity for chicken
13:19 Uttam : (12:42) Uttam : -68k COT in NF(12:42) Uttam : 5min bar(12:42) Uttam : most of them seem to be stuck? these guys forced out in the prev 5min bar? COT 53K
13:20 Hari : vols should come now
13:20 Boppanna : above 575 can do 630/700 BNF
13:21 MJ : Geddit Bopp 🙂 that 15k needs to manage his act bas.
13:22 Uttam : i dont mind both 11800ce&pe closing at 300 each…will set up a interesting day tom
13:23 MJ : 15k on 30 min bar at 560 to watch out for
13:23 Uttam : stuck for now or a cover of that 14k red at 30440
13:24 Seema : (13:15) Shubro : Seema other way around ..see Uttam msg above……Thanks, Shubro…by the way I am Yogesh….
13:24 MJ : Possible uttam.
13:25 Uttam : 30480 sup if 30520 does not hold
13:25 Jitender : 28.37 (13:17) Jitender : 28.48 (13:06) Jitender : 28.9 vx
13:25 Shubro : Yogesh is that you nickname 😛
13:26 Uttam : yes Jit giving that afternoon pull back low looks like Vix
13:26 TP : https://uk.reuters.com/article/uk-saudi-security-houthi-idUKKCN1SS08M
13:26 TP : reason for global red ?
13:26 Shubro : bloody hell
13:26 Shubro : drone attacks
13:27 Govind : We keep finding more efficient ways to destroy ourselves
13:27 Govind : People are so F’ed up
13:28 Himanshu : Boom
13:28 Uttam : Hari getting his vols?
13:28 Shai : DPOC is carried in all the periods from A today
13:28 Shai : expect spikes
13:29 Shai : 11823/ 11835
13:29 MJ : Yes shai. Also DVAL weekly right at that 11710.
13:29 MJ : via mplite.
13:29 Shai : 11695 / 11710 below
13:29 MJ : Good boy 15k.
13:29 Himanshu : So Shai – we r headin to 11835 u mean
13:29 Himanshu : and chief – BNF view
13:30 Boppanna : Part out 13:20 Boppanna : above 575 can do 630/700 BNF
13:30 MJ : Govind hdfcbk comes in with indus.
13:30 Shai : yes- (13:29) Himanshu : So Shai – we r headin to 11835 u mean
13:30 Uttam : vix rising
13:30 Uttam : again
13:32 Govind : Yeah MJ, I’m watching
13:33 Jitender : hdfc board mtng 2day 2 split shares
13:33 Jitender : bnk
13:34 Uttam : c) Above 11770, NF can tag higher levels of 11790-795 & 11822-826
13:34 Uttam : NF high 11790.55
13:34 Shai : RS came
13:34 Uttam : so far
13:34 Govind : Move is done?
13:34 Uttam : yep
13:34 Uttam : RS came
13:34 Shai : yes for now
13:34 Himanshu : Chief bNF view
13:35 Shai : BNF 30620 zone heavy supply of yesterday
13:35 Shai : can do 30780 if crossed
13:37 Boppanna : +1 yest I period high around 620
13:39 Shai : yes yesterday’s vwap zone in NF amd BNF
13:39 Uttam : pull back low doen in Vix Shai & set to close at highs?
13:40 Anubhav : yes vwap is ruling
13:40 Anubhav : trend day wvap also
13:40 Uttam : nice vell in both
13:40 Uttam : bell*
13:41 Seema : (13:25) Shubro : Yogesh is that you nickname :-P…..No, name of Wife
13:42 Shubro : aiyaa both traders eh Yogesh
13:44 Ravikiran : shubro..any info on axis bank
13:44 Ravikiran : ?
13:45 Seema : (13:42) Shubro : aiyaa both traders eh Yogesh…..No….I am…She is teacher, For IT purpose I have given her name.
13:45 Shubro : cool
13:45 Uttam : c) Above 30575, the auction can probe higher to 30628-638 & 30685
13:46 Uttam : BNF high 30641 so far and gets 18k red there
13:46 Boppanna : +1 Uttam ..out 13:30 Boppanna : Part out 13:20 Boppanna : above 575 can do 630/700 BNF
13:48 Shai : NF a high risk long for 11822 sl of 11760 cmp 11780. Higehr risk
13:49 Himanshu : shai – 30708 is possible in BNF
13:49 Anubhav : punter buying for gap up tomoro?
13:49 Shai : BNF 30845 yes
13:50 Shai : 11803 book half- (13:48) Shai : NF a high risk long for 11822 sl of 11760 cmp 11780. Higehr risk
13:51 Shai : Process always wins whatever the vix 🙂
13:51 Seema : 🙂
13:51 Jitender : +1
13:51 Shubro : +1
13:51 TP : +1
13:52 Uttam : +1
13:55 Jitender : Uttam..combo nw 11.8?
13:55 Uttam : going down Jit
13:55 Shai : getting legs
13:55 Uttam : 550
13:55 Jitender : k
13:56 Shai : 11785 revised supp if long
13:56 TP : 582 exit was good 🙂
13:56 MJ : +1 Shai
13:56 MJ : Cheers!
13:56 Shai : can do 11856
13:56 MJ : 1240 COT was the clue Uttam picked it to the T.
13:56 Suyog : are they planning to close near balance highs for tomorrow? just a thought
13:57 Rushabh : shai bias up now?
13:59 Shai : up abv 11710 inytra from open
13:59 Shai : (09:20) Shai : expecting one trip up to 11790 and 11822 with a max of 11856 as long as 11710 F holds
14:00 Shai : on track for 11856 F now
14:00 Shai : (13:56) Shai : can do 11856
14:01 Sandip : +1 Shai
14:02 MJ : Throughout the day we didn’t go below RO point once claimed in 1st 15 min of open.
14:03 Rajendra : VIX above 29
14:04 Uttam : yep vix above 29
14:04 Uttam : from 580 that 11800 combo down to now
14:05 Jitender : 29 vx
14:05 Suyog : yes, june options moving..
14:06 Suyog : btw calc vix at 37, not sure, how they keep indiavix so low
14:07 Shai : still 70 for May 23?
14:07 Suyog : yes.. that is 70+/- few in both
14:08 MJ : anyone riding indus?
14:08 Hiren : can we expect volatility of around 700 pts in nifty tomorrow?
14:08 Uttam : Tej as always excellent exit in that combo
14:09 TP : tks Uttam was more inlined to lock in the profit .
14:09 Uttam : in fact that holding CE with 245 SL was also perfect as it msde low of after that & now at 284
14:09 Uttam : low of 252
14:10 TP : yes had shifted it to 250 ….now let’s see if we get anything for June 😉
14:10 Uttam : vols increasing on both
14:11 Jitender : uncertaimnity is nt priced in….
14:11 Jitender : interestn
14:14 Uttam : NF has made a 2 day composite Value of 11709-11862-11871 and if stays above the HVN of 11715 can fill up the low volume zone till 11835.
14:14 Uttam : yesterday’s report last line
14:14 Uttam : stayed above 11715 and high so far 11833.25
14:15 Sandip : people are buying both CE and PE hoping that mkt will give big moves any side and make them profit…might not happen…even if moves come..premiums are abnormal at the moment..so no use
14:15 Suyog : calc indiavix at 39 now.. will the real indiavix pls catch up or june IVs gonna recede ?
14:16 Shibu s : oops
14:16 Jitender : bnf dwn frm here (14:11) Jitender : uncertaimnity is nt priced in….(14:11) Jitender : interestn
14:16 Seema : Heavy supply from top
14:16 Jitender : yahoo
14:16 Jitender : gt bth sides
14:16 Jitender : BC
14:17 Anubhav : haha
14:17 Deepak : so many 0s in OF
14:17 Jitender : 29.36vx
14:18 Suyog : 40+ this is crazy (14:17) Jitender : 29.36vx
14:19 Jitender : closn my tradn terminal..TG made enuff for the week since monday
14:19 Jitender : popcorn time nw
14:19 Anubhav : congrats
14:19 Uttam : congrats Jit 🙂
14:19 Shubro : 4 dT
14:19 MJ : @deepak 0’s is the liquidity issue.
14:19 Jitender : tx guys
14:19 Sandip : nice 1 Jitender
14:19 Suyog : congrats Jit..
14:19 Shubro : +1 Jit dada
14:19 Jitender : congo 2 all at VT
14:19 TP : +1 Jit
14:20 Thanika : +1 Jit
14:20 Jitender : tx guys
14:20 Anubhav : ibh is the supp now if breaks then crash
14:20 Uttam : last hour coming up in 9 mins
14:20 Shubro : maja aila
14:21 Uttam : e) If 30685 is taken out, higher levels of 30750-785 & 30864 can be expected…BNF high so far 30770
14:21 Deepak : got it MJ
14:21 Uttam : that 11800combo looks like reversing Jit
14:21 Uttam : back to 560
14:21 Shai : can drop to 11715 – supp broken
14:22 Uttam : 555 sorry 11800 combo
14:22 Jitender : book a part bro
14:22 Jitender : just 2 b safe
14:23 Uttam : yes
14:23 Shai : Buy 11700 pe at 171 sl of 133 tgt 220/ 265
14:24 Shai : potential 11655 F in this auction
14:25 Shubro : prayers for that
14:25 TP : Shai F sl for this move in NF .
14:26 Shai : would have liked it 20 more higher to test that 11862 F zone actually
14:26 Shai : 11863F
14:26 TP : tks
14:26 Jitender : k…were was bnf weni said tis (14:11) Jitender : uncertaimnity is nt priced in….(14:11) Jitender : interestn
14:26 Jitender : vwapup
14:26 Shai : +1
14:26 Jitender : SD at play…as chief said process
14:27 Shai : +1
14:27 Rushabh : shai 11865 sl on Futures?
14:27 Jitender : yr lessons 🙂
14:27 Shubro : Jit need to learn that …explain later?
14:28 Jitender : vwapup n low r 3SD of vwap
14:28 Shubro : ah ok
14:28 Jitender : so tat means 95% of mve dne for 2SD & 99% fr 3SD
14:28 Shubro : aacha aacha very good didnt know that
14:28 Jitender : unles vwapup/lo expands with vol
14:28 Shai : Yes F is Futures- (14:27) Rushabh : shai 11865 sl on Futures?
14:29 Shubro : which didnt right Jit?
14:29 Jitender : see..i take it anyways …has a strong success ratio
14:30 Shubro : very good now new learning for me here many thanks
14:30 Jitender : if a fast mkt…u get a retracement
14:30 Shubro : right
14:30 Jitender : i scalp..if u remeber 🙂
14:30 Suyog : yup, just to add on.. mplite pink marker is same 3SD band.. just check NF and BNF highs there..
14:30 Jitender : poor man..10 here 20 tere
14:30 Shubro : and with vols if they dont expand u know high prob of reverse
14:31 Gaurav : F premium is up to ~45, was 5-10 yesterday
14:31 TP : Another thing to watch out for is flat vwap if trading sd bands.
14:31 Jitender : +1 (14:30) Suyog : yup, just to add on.. mplite pink marker is same 3SD band.. just check NF and BNF highs there..
14:31 Jitender : +1 Tej
14:32 Shubro : so TP flat vwap would mean lesses chance of ranges expanding?
14:32 Jitender : hw i got the move up ?
14:32 Jitender : hehe TV
14:32 Shubro : kaise?
14:32 Jitender : the moment EC rejected vvpat count …i went long 🙂
14:32 TP : expansion chances depend on vol.
14:33 TP : Jit hope your TV on generator back up …need it for tmrw 🙂
14:33 Uttam : lol Tej
14:33 Jitender : Shai saw it first here in his charts
14:33 Jitender : (14:32) Jitender : the moment EC rejected vvpat count …i went long 🙂
14:33 Jitender : has air block in it….engineer will come on sunday 🙁
14:34 Jitender : tey shld play election results in PVR etc….
14:34 Shubro : totally hahaha!
14:34 Jitender : we will enjoy n stay away frm screens
14:34 Suyog : lol, would be a full (masala) house
14:35 Jitender : yh
14:35 Himanshu : 28500 PE is still @ 135 Rs
14:35 Shubro : shoudl have VR headsets with dynamic movements replicating a roller coaster ride
14:35 Suyog : i know ppl have actually applied for leaves for tomorrow 🙂
14:35 Shubro : gayi bhais paani mein part 5
14:35 Himanshu : premium not dropping – on 200 Points gain in BNF – This PE has gone up by 35 %
14:35 Himanshu : what the hacck
14:35 Shubro : thanks for that trade Shai +5 DT
14:36 Hiren : wow what a call!
14:36 Hiren : of shorting NF
14:36 Shubro : more to come
14:36 Shubro : Jit yeh DT ko nobel milna chahiye
14:37 Jitender : _/\_
14:37 Jitender : life changer
14:38 Shai : getting wild
14:38 Shai : stay grounded
14:38 Hari : 11700 PE of 23rd right?
14:38 Shai : yes
14:39 Anubhav : 11744 is tht vwap
14:39 Anubhav : trend wali giving support again
14:40 Shubro : shorts booking out?
14:40 Govind : 29.8 VIX
14:40 Shai : not yet
14:40 Shai : 11715 is still there
14:41 Shai : sl abv 11799 now
14:41 Govind : 30
14:42 Anubhav : below 11740 it will be easy dip to 11680
14:43 Jitender : 29.8vx
14:46 Anubhav : not giving up
14:46 Boppanna : BNF IBH vwap aligned
14:47 Anubhav : nice
14:48 Anubhav : with a blink of an eye…lol
14:48 Anubhav : vix jindabad
14:49 Uttam : exited that combo at 560
14:49 Hari : OF to be closely watched till 3.20
14:49 Uttam : Tej was perfect exit at 580 kudos Tej
14:50 TP : as long as green mtm +1 Uttam.
14:50 Uttam : yes Tej
14:50 Uttam : straddle chart also topped out there
14:51 Uttam : lucky to have got out at 560
14:51 Uttam : looks like will drift lower now
14:51 Uttam : Vix first tag of 29 was perfect to exit vix based trades
14:53 TP : I think writers bring vix down below 25 in first half to wipe out all lotteries 😉
14:54 Shubro : these BC buyers wont give up
14:54 Shubro : wasting time
14:55 Himanshu : haha
14:56 MJ : Pink matrix on top of bnf 30 min.
14:56 Himanshu : TP – at 200 Pts up in BNF – 28500 PE is 35 % up
14:56 Himanshu : what is the game –
14:56 Himanshu : think PE buying for hedge is there big time
14:56 Himanshu : demand must ne there
14:57 TP : Yes pe are up due to hedging.
14:57 Shubro : IS + RS NF 30 min if this candle closes here
14:58 Shubro : should give anew leg down
14:58 Shubro : any contra views?
14:59 Shai : undecided market
14:59 Shai : sticking to vwap
15:00 Shibu s : both sides are in nibble mode ….so confusing….
15:00 Shubro : strong sellers at 11782
15:00 Jitender : theta playn
15:01 TP : closing at 3 day composite since exit poll..poc.
15:01 Anubhav : 20 point me hi these guys r scalping
15:01 Anubhav : big qtys
15:02 Anubhav : i think it will spkie at 3.05 as usual
15:04 Govind : Vix just dropped
15:04 Govind : 27
15:04 Shubro : Shai holding that pE right?
15:04 Shai : yes another 10 mins
15:06 Seema : We should not carry this PE for tom.
15:06 Shai : not carrying
15:07 Shubro : yep ok
15:08 Shubro : TP whats the 3 day composite POC?
15:08 Seema : ok
15:08 Shubro : NF i.e.
15:08 TP : 30520 and 11760
15:08 TP : on my charts
15:09 Shubro : ok thanks
15:09 Shai : uodate – close out the 11700 pe at 165 cmp
15:10 Jitender : 27.32vx
15:11 Rushabh : shai whats the view you have for tomorrow?
15:11 Rushabh : no poisiyions just view
15:11 Psandeep : last few min now both ce and pe should increase
15:12 Shubro : hehe market is fair game now
15:12 Govind : I am carrying long strangles
15:12 AN : Shai are you holding the jun 11k puts or have you closed the position?
15:12 Psandeep : I will square off everything around 3.26 pm today
15:13 Shubro : kal maja aayega
15:14 Anubhav : no spike …booo
15:14 Uttam : (15:12) AN : Shai are you holding the jun 11k puts or have you closed the position? that is a trade where he is ready to lose all AN
15:15 Thanika : @Sandeep: I see that, but why? (15:11) Psandeep : last few min now both ce and pe should increase
15:15 Uttam : no SL & is holding and I guess that acts as an insurance for his portfolio also
15:15 Uttam : vix going down
15:15 AN : ok thx, i wanted to enter now
15:17 Psandeep : Thanika, big event tomm. therefore
15:17 TP : june 118k combo monthly 700 ….350 each .
15:17 TP : Am not buying as cannot manage positional trades 🙂
15:17 Shubro : ok bye guys done fro day
15:17 Shai : Yes @Hari – hedges
15:18 Shai : holding- (15:12) AN : Shai are you holding the jun 11k puts or have you closed the position?
15:18 Psandeep : now they should fly
15:19 TP : Shai for tomorrow 650-870 spot break out zones ?
15:19 Anubhav : can also open gap up tootrrow
15:19 Hari : Let NEST work tomm first 🙂
15:20 Shai : yes same- (15:19) TP : Shai for tomorrow 650-870 spot break out zones ?
15:20 Shai : still comp
15:20 Shai : directional is a move away from compo
15:20 Shai : surprised no last 60 mins move today
15:20 Ashutosh : Bye all
15:21 TP : hmm so writers just need to hold these zones tomorrow..
15:21 Anubhav : yes vpoc/vwap close
15:21 Thanika : Thanks, Sandeep: That made me another 3K today!! :-)))
15:21 Suyog : vix staying higher.. though the calc indiavix receded
15:21 TP : so vix below 24 and 650-870 holds till 2pm means all lotteries nil.
15:21 Psandeep : Cheers 🙂
15:22 Thanika : with that my DT done today.. with just 20% funds!! so it i s 5DT 🙂
15:23 Psandeep : +1
15:23 Uttam : and then we have the mother of all expiry moves Tej? 😉
15:24 TP : +1
15:24 Shai : + 1 Thanika
15:24 Anubhav : lo ji buying aayi
15:24 Jitender : lets see wat trump does 2nite…shld have an impact 2mrw 😉
15:24 Anubhav : punters
15:24 Psandeep : wowwwwwwwwwwwww
15:25 Suyog : Trump has funny ways to coincide his news with news in india 🙂
15:25 Jitender : theta kicks in
15:25 Jitender : prem dwn
15:25 Uttam : huge negative COT looks like OI will reduce in EOD report
15:25 Anubhav : grrens
15:25 Jitender : bye guys
15:26 TP : time for some algo.
15:26 Govind : On the day before election results, trading should continue till midnight
15:26 Uttam : that may 11800 around 555
15:27 Uttam : can it double tom 😉
15:27 Uttam : both 280 11800ce/pe
15:27 Shai : very quite pre -election day
15:28 Shai : also market is going with exit poll as actual numbers
15:28 Psandeep : One of the best day of life. Pump 50 lakhs got over 20 lakh in positional play…Thank You All…booked everything
15:28 Uttam : inside bar in both
15:28 Suyog : aayega to Modi hi? 😉
15:28 Anubhav : neeutral ex clos
15:28 Himanshu : bye all
15:28 Uttam : super Sandeep 🙂
15:28 Shai : 🙂
15:28 Govind : Wow Sandeep, bog play
15:28 Psandeep : used experience from last event
15:28 TP : +100
15:28 Govind : Big*
15:29 Psandeep : Cheers……ALLLLLLLLLLLLL
15:29 Govind : Congrats man
15:29 Shai : Congrats Sandeep
15:29 Uttam : now you will need to sponsor the VT meet along with Jit 😉
15:29 Govind : Haha
15:29 Psandeep : anytime Uttam
15:29 Shai : Bye all
15:29 Uttam : cheers 🙂
15:29 Shai : Have a nice evening
15:29 TP : Bye All.
15:29 Psandeep : bye all
15:29 Govind : See you manana
15:29 MJ : Bye everyone Cheers!
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Uttam : and lets have a super session tom
15:29 TP : Sleep well guys 😉
15:29 Anubhav : bye
15:30 AN : Thx everyone.
15:31 Thanika : Thank you all, for sharing your experience/knowledge. +1 for Sandeep! 🙂
15:33 Thanika : +100, Cheers! (15:28) Govind : Wow Sandeep, bog play
15:35 Thanika : Thanks, Shai. This room kept my emotions under control. 🙂 fantastic guidance to stay calmand make money!

Order Flow charts dated 22nd May

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

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

NF


BNF


Room Chat

09:03 Shai : (09:02) Shai : https://vtrender.in/market-profile-analysis-dated-20th-may/

09:20 Shai : (09:20) Shai : Buy BNF 30923 sl of 30780 tgt 31080.

09:29 Shai : (09:29) Shai : BNF stopped. Make exits

10:41 Shai : (10:41) Shai : Option – Buy 11800 pe 30th May at 229 sl of 200 tgt 280/ 335.

12:07 Shai : (12:07) Shai : Buy BNF 30790 sl of 30700 tgt 30950. Trade small

12:26 Shai : (12:26) Shai : Update – for the BNF trade put an exit order back in system at 30790 cost . We wonlt trade long in it today

12:50 Shai : (12:50) Shai : 11800 Pe at 255. Book half here and bring sl to 225 now for trade

13:49 Shai : 12:59 Shai : Trade- Buy 11700 pe 165 of May 23 sl of 118 tgt 265. Carry till tom.

14:39 Shai : (14:38) Shai : BNF is a STBT with sl abv 30685 for 29890 F – cmp 30410
(14:38) Shai : only for risk takers


08:58 Vtrender Live : option charts – https://join.me/395-373-496
08:59 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/427588325
09:02 Shai : GM all
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-20th-may/
09:04 Rushabh : GM shai
09:04 Hiren : good morning all
09:04 Ashutosh : GM all
09:05 Shai : Bias stays up abv 11810 F again today
09:05 Amjad : gm all
09:06 Shai : projected move above teh composite levels is another 200 points higher to 12153
09:07 Jitender : Gm Folks 🙂
09:07 AN : GM all
09:09 Himanshu : GM all
09:09 Himanshu : Jit -Uttam- & Chief
09:10 Seema : SUPRABHAT _/|_
09:10 Shibu s : Suprabhatham
09:11 Govind : Good Morning guys
09:11 Uttam : Good Morning All 🙂
09:11 Psandeep : GM all
09:11 Deepak : gm all
09:12 Anubhav null : gm
09:13 TP : GM All.
09:13 Jitender : Gm Himanshu
09:14 Shubro : GM guys
09:17 Madhu : gm to all
09:20 Shai : Buy BNF 30923 sl of 30780 tgt 31080.
09:22 Madhu : Good Morning guys
09:22 Thanika : Good morning all
09:26 Anubhav null : rs
09:26 Anubhav null : yest guys booki g
09:27 Shai : yes some quick change last 3 mins
09:28 Anubhav null : i thi k tbey were expecting a gap up today
09:28 Anubhav null : too much green in last few candles yet
09:29 Shai : BNF stopped. Make exits
09:31 Shai : okay
09:31 Shai : stromg message
09:31 Uttam : a) NF needs to stay above 11862-864 for a move to 11880-896 & 11911-938 first part of hypo done
09:32 Anubhav null : stop n reverse heading towards hwvap?
09:32 Uttam : a) Staying above 30815, BNF can tag 30875-885 & 30975….first hypo done
09:32 Shai : BNF may do 30450
09:32 Anubhav null : hwvap
09:32 Shai : careful with yesterday longs
09:32 Uttam : NF high 11895 & BNF high 30970
09:32 Shai : 10 misn – 200 off
09:32 Uttam : b) Immeidate support is at 30785 below which the auction can move down to 30728-690 & 30610
09:33 Uttam : first part of this second hypo done
09:34 Uttam : b) Immediate support is in the 11834-825 zone below which it can probe lower to 11800 & 11770
09:34 Uttam : NF low so far 11827
09:35 Shai : +1
09:35 Uttam : 11827 to 11855 in no time
09:36 Anubhav null : some greens buy above vwap now?
09:39 Anubhav null : or above ibh only
09:42 MJ : Gm all.
09:43 Anubhav null : hey
09:45 Shai : BNF is weakening
09:45 Uttam : below 30690 can test those singles of 30610-30539
09:46 MJ : Hi anubhav.
09:48 Psandeep : Shai Vix is 24 around right now. How about buying 11700pe and 12000ce 30 may expiry . May exit tomorrow before market close. Expecting vix to touch 30 by tomm ?
09:48 Uttam : some greens defending that 30690
09:48 Uttam : plus a 10k red stuck on 30mins there
09:49 Psandeep : Any inputs on the above trade ?
09:50 Shai : yes that can be a good long voix trade
09:50 Shai : early morning auction shows that NF wants to stay in the composiite
09:51 Shai : 11810 still a supp
09:51 Shai : no big weakness tikl that holds today
09:51 Psandeep : nice, Thank you Shai
09:55 Seema : screen is gone
09:56 Amjad : screen is gone
09:56 Seema : Not able to see charts
09:56 Ashutosh : Shai wantw to keep the screen for himself :p
09:57 Ravikiran : yeah
09:58 Govind : I am watching GoT
09:58 Ashutosh : we need a sclack channel on GoT
09:59 Shubro : hey guys missed the pardee yest 🙁
09:59 Shubro : Yo Govind
09:59 Govind : Yeah, Shubro! What happened?
09:59 Shubro : was in Pune daughter college exams
10:00 Shubro : i had a long did DT opening then closed lol
10:00 Govind : Oh ok. Good luck to her man.
10:00 Psandeep : Its is the waste finale ever of any season. Spoiler alert, you will be dissapointed
10:00 Shubro : thanks bro
10:00 Ashutosh : +1 (10:00) Psandeep : Its is the waste finale ever of any season. Spoiler alert, you will be dissapointed
10:00 Govind : Thats good. I think pretty much everyone must have got a DT or muliple DTs
10:01 Govind : Sandeep, this entire season has been like that…very rushed
10:01 Shubro : hope everyone killed it
10:01 Jitender : 12kce 123-145, 30.5ce 719-781 dt dne
10:01 Psandeep : nice Jit
10:01 Govind : Nice Jit
10:01 Jitender : +1 gentlemen
10:02 Shubro : Jit rocks +100
10:02 Ashutosh : +100
10:02 Jitender : VT rocks
10:02 Ashutosh : +100
10:02 Shubro : Shai screen nA
10:04 Uttam : looks like all services providers having problems today
10:04 Uttam : screen down here, GDFL down
10:04 Uttam : suprisingly True Data working
10:04 Govind : I had major issues y’day
10:04 Ashutosh : yes
10:04 Ashutosh : My true data is working
10:05 Uttam : GDFL website also down no support
10:05 Uttam : first time facing this
10:05 MJ : Data feed needs disruption.
10:05 MJ : Jio kinda player needs to step in over there.
10:05 Ashutosh : JIO data feed loil
10:05 Uttam : looks like guys warming up for tom last hour & Thursday 😉
10:06 Govind : Uttam, can you give us the link for the April composite along with today’s MP please? I did not m=bookmark it y’day.
10:06 Ashutosh : you guys use esignal na?
10:06 Uttam : it is there in the daily report that chart
10:06 Uttam : yes Ashutosh, VT room has its feed from ESignal
10:07 Ashutosh : okk esignal is also down
10:07 Uttam : @Govind, Suyog has also posted the link in slack
10:07 Uttam : we also can view the weekly profiles now in MPLite 🙂
10:07 Thanika : GDFL is back 10mins back
10:07 Uttam : Suyog is surely burning some midnight oil looks like
10:08 Uttam : guess issue is with NSE servers as both ESignal & GDFL down
10:09 Govind : Yeah man, Suyog rocks!
10:09 Govind : Btw, Falcon is working fine
10:10 Manish : uttam, how do we see today’s chart in mplite ?
10:10 Manish : dropdown date is only till yesterday.
10:10 Uttam : today’s chart will be there Manish
10:10 MJ : The last profile is today’s profile on your right Manish.
10:10 Uttam : date in drop down comes EOD
10:10 Uttam : I am wathcin it there
10:10 Deepak : no screen
10:10 MJ : Today’s date need not be selected.
10:11 Deepak : any problem
10:11 Uttam : ESignal down Deepak
10:11 Madhu : no screen
10:11 Deepak : ok
10:11 Uttam : but our MPLite is Up 🙂
10:11 Manish : thnx mj, uttam
10:12 Uttam : guys you can also select the date to yesterday 20.05.2019 as start date to just view 2 days charts
10:12 Uttam : as we have gapped up so for now do not need the lower reference of last week
10:12 Seema : can we see 5 mins or 30 mins chart on MPLITE
10:12 Uttam : that will make you scroll less to see the data
10:13 Uttam : MP charts are mostly based on 30mins Yogesh
10:13 Uttam : each TPO is 30mins
10:13 Uttam : so even if you plot 5 mins charts will be same
10:13 MJ : Check that infobox at bottom. It is a goldmine of data.
10:13 MJ : Play around with mplite. Some brilliant trade setup you’d find.
10:14 MJ : Esp with composites.
10:14 MJ : 30 min is up
10:15 Uttam : all come together Mihir
10:15 Uttam : room is also up
10:15 MJ : Yep
10:16 Seema : Uttam correct me if i am wrong, 11810 NF(FUTURE) is strong support, becoz there NF has spent lot of times on that level
10:18 Himanshu : Jit- C low entry again
10:20 Uttam : vix rising
10:21 Anubhav null : boom
10:21 Jitender : can H, part
10:21 Anubhav null : coming?ywap
10:24 Himanshu : today sell on rise is game – Jit ?
10:27 Jitender : not in first half
10:28 Jitender : 2day as Uttam said yday will keep on spiking
10:28 Jitender : so spurts will happen both sides
10:28 Jitender : re eval post 1.30
10:28 Boppanna : 710 -860 boundary for now BNF IMO
10:29 Govind : Shai was probably right about the market getting ahead of itself yesterday (in his tweet). Too high, too fast…
10:29 Govind : stalling now
10:29 Anubhav null : yup over ex itment
10:30 Shai : market knew the exit polls
10:30 Jitender : tats k Govind…little PB is normal
10:30 Shai : some one leaked them thurs
10:30 Uttam : yes Shai which is why we got that trend day on Friday
10:30 Jitender : any doubt 🙂
10:30 Govind : Yes Shai…have to think that was the case
10:30 Shai : all exit polls guys have covered here 11860 F
10:30 Govind : Yeah Jit, agreed
10:30 Anubhav null : easy money has Lready beenmade
10:30 Shai : balance or look down begins
10:30 Jitender : i said tat last1 hr clearly said tat exit poll was for bjp
10:31 Jitender : fryday
10:31 Uttam : these big players take the cake & leave the cherries for retail
10:31 Madhu : HHAAAAAA
10:31 Anubhav null : now retail is buying for.last leg up in hopes.of 125000
10:31 Uttam : people would have gone long yesterday
10:31 Uttam : and today morning
10:31 Rushabh : (10:30) Shai : balance or look down begins Shai invalidation of this would be above?
10:31 Uttam : laggards as Shai tells
10:31 Jitender : no Anubhav..retail is nt yet in
10:32 Anubhav null : aaj tv dekh ke aaye honge
10:32 Uttam : so till these weak longs are not removed, market may stall of give a dip
10:32 Anubhav null : savings i maybe
10:32 Uttam : @Jit Anuj had said on Friday morning it seems that qwe are in for a huge 3-4 day rally?
10:32 Uttam : saw his tweet yesterday claiming the credit for it
10:32 Jitender : 🙂
10:33 Jitender : hez involved in mkts
10:33 Anubhav null : lol
10:33 Jitender : must b makin good moolah
10:33 Anubhav null : insider saala
10:33 Govind : and pro-BJP
10:33 Uttam : in fact he had tweeted that those who went long on Friday can now reitre as if market would not open and keep giving UC
10:33 Jitender : Uttam…u had also remarked abt his last tweet wen he said mkt wud go up…n it went dwn
10:34 Uttam : yep that was one occasion when the broken clock did not work 😉
10:34 Ravikiran : 🙂
10:34 Anubhav null : ashwani ki yaad aa gayi
10:34 Anubhav null : bicharaag
10:34 Anubhav null : got sick
10:34 Jitender : Fii r buyn believn median of all polls wont b much off the mark
10:35 Govind : Poor guy
10:35 Jitender : karma
10:35 Uttam : in fact Jit I started to read his tweets only after you said once that this guy has some insider info as couple of times he gives a vview before market and has been bang on
10:35 Govind : Wonder what happened to all the people who gave 1C to be part of the Elite trading group with AG
10:35 Jitender : yh
10:35 Uttam : yes no matter how much fun we made of him feel sad for his state now AG 🙁
10:36 Anubhav null : cute fellow
10:36 Uttam : hope he can get back
10:36 Jitender : Ag is the perfect example tat snake oil vendn & false posturing doesnt last forever
10:36 Uttam : not on TV but as a trader
10:36 Jitender : tats y i say if u r claiming sumthn show yr screen
10:36 Anubhav null : rishi kapoor theek ho gya ye bhi ho jayega
10:36 Jitender : else u r a fraud
10:36 Uttam : hmmm yes if thats the case then as Jit said karma catching up
10:37 Govind : I spoke to his assistant. Apparently he is doing better and eyeing a comeback
10:37 Anubhav null : gud
10:37 Jitender : Govind tats real missng 🙂
10:37 Govind : Yeah
10:37 Uttam : lol Jit 🙂
10:37 Anubhav null : reds at vwap again
10:38 Anubhav null : nf wants to go down?
10:38 Jitender : u r subscribed 2 him…Govind ?
10:38 Uttam : vol building at 11855-860 in NF today
10:38 Govind : YOu know, when I took his class lst May someone asked him about options trading, he said is not smart enough to trade options. But recently he was trading only options. Why? cost?
10:38 Govind : No Jit
10:38 Seema : (10:38) Uttam : vol building at 11855-860 in NF today : what it suggest?
10:39 Govind : Training only
10:39 Jitender : k
10:39 Anubhav null : distribution happening
10:39 Jitender : i will gv fee class better than AG sumday
10:39 Jitender : free
10:39 Jitender : not fee…hehe
10:39 Uttam : you keep doing that here Jit 🙂
10:39 Shubro : Jit praaji please do
10:39 Seema : (10:38) Uttam : vol building at 11855-860 in NF today… what about yday long?
10:39 Jitender : _/\_
10:39 Govind : Yes Jit, please. I will pay for facilities…no joke
10:39 Anubhav null : gr8 hum bhiayenge
10:39 Shubro : i will come to you and even pay fee
10:39 Uttam : your inputs are always taken very seriously
10:39 Anubhav null : intraday nahi aata
10:39 Jitender : no man…Shai is the best tats around here
10:40 Shubro : Shai and you Jit over a VT conference and offsite
10:40 Govind : Then, both of you should give us a live workshop
10:40 Shubro : beers on me
10:40 Jitender : i m writing n will share sumthn on tradn psycology & ID stuff
10:40 Seema : (10:39) Anubhav null: distribution happening…….what about y’days LONG?
10:40 Jitender : no TA
10:40 Uttam : Jit you know that is as important an aspect to be a successful trader then knowing TA
10:40 Anubhav null : longs out at day high
10:41 Anubhav null : boom
10:41 Shai : Option – Buy 11800 pe 30th Mat at 229 sl of 200 tgt 280/ 335.
10:41 Anubhav null : yayy finally
10:41 Shai : 30 May
10:41 Jitender : yh (10:40) Uttam : Jit you know that is as important an aspect to be a successful trader then knowing TA
10:42 Uttam : and it will be real gem anything on that coming from you so looking forward to it eagerly
10:43 AN : Jit, eagerly waiting for your seminar, i’m just amazed with your surgical accuracy of entry and exit on ID basis.
10:43 Jitender : _/\_ Uttam
10:43 Jitender : +1 An
10:44 Shubro : Jit thoda advance time dena bhai
10:44 Jitender : sure
10:44 Shubro : boriya bistar packing time
10:44 Shubro : 😛
10:47 Suren : +100 jit.. Sooner the better 10:42 Uttam : and it will be real gem anything on that coming from you so looking forward to it eagerly
10:48 Shubro : D struggling to go up
10:49 Govind : Yeah, Shubro….Composite calling
10:50 Shai : that put should do well
10:50 Shubro : ok let me make up for yest cmon Nifty
10:50 Shai : chart on screen
10:50 Shai : key is how it managed abv 246- 250
10:51 Shubro : 40K buyer at 827
10:51 MJ : Yep
10:51 MJ : 46k
10:52 Shai : moring also
10:53 MJ : Is it me or there is minor delay on webinato?
10:53 Shai : liquidation has set at 11862F
10:54 Shai : dip buyers would still be around in continuation of the mood set yesterday but know this that they chaps are late latifs in the game
10:57 Shubro : Jit Shai from a sceanrio perspective, assuming exit polls got it right will there be another crazy move up again after yesterday? Surely with the macros it cant be that lucrative still?
10:57 Shubro : especially for FII folks
10:59 Ravikiran : i am bit confused
10:59 Ravikiran : 11800 PE
10:59 Ravikiran : @ 229
10:59 Seema : MAY put
10:59 Ravikiran : ooops ok
10:59 Ravikiran : 229 sl
10:59 Seema : 30th msy
10:59 Seema : 30th may
10:59 Seema : SL 200
11:00 Seema : I bought at 233.5
11:00 Shai : it’s alright – you won’t get exact prices
11:01 Shai : imp to play along side
11:01 Seema : yes
11:02 MJ : Shai twice same size came in that rough 822 830 zone.
11:03 Manish : Jit, just saw messages. Wow. really looking forward to your write up.
11:03 Seema : But according to you their is support on 11810
11:04 Jitender : Manish..nuthn planned…but one day for sure 🙂
11:04 Madhu : …….
11:05 Jitender : 30700..twice defended
11:05 Jitender : BoP holdn fort tere
11:05 MJ : Yes
11:06 Anubhav null : double bottom 🙂
11:07 Jitender : Anubhav u r 2young fr tat 😉
11:07 Manish : Uttam : yes no matter how much fun we made of him feel sad for his state now AG :(; Shai, Jit, TP, others who have been trading for a long time: Isn’t it true no matter even if your MTM is green everyday, there is a flurry of increase in heart beat, excitement during a trade. Is this injurious to long term health ? I hope not.
11:08 Paras : it is
11:09 Jitender : Manish..here even the air can kill u (pollution)….so bttr go havn seen n felt sum excitement in life
11:09 Jitender : though havent heard of a trader who went coz mkts rose
11:10 Manish : 🙂
11:15 Anubhav null : nf premium gone
11:16 Shai : markk 11862 F- https://twitter.com/Am_Shai/status/1130711625579634688
11:17 Shai : (10:53) Shai : liquidation has set at 11862F
11:17 Rushabh : shai whats the level above shorts would then be in problem?
11:18 Ashutosh : shai couldnt understand this tweet (11:16) Shai : markk 11862 F- https://twitter.com/Am_Shai/status/1130711625579634688
11:18 Uttam : probable Fa in NF at lows but needs to getinto the morning singles & make RE up
11:18 Seema : (11:17) Shai : (10:53) Shai : liquidation has set at 11862F….Sir how we know that at 11862 liqudation happned?
11:19 MJ : Uttam: 40k trying to do dvah.
11:19 Shai : 11870 spot roughly – (11:17) Rushabh : shai whats the level above shorts would then be in problem?
11:19 MJ : faced with constant supply in 850 860 zone.
11:20 Shai : @ashutosh old money unwound per orderflow
11:21 Rushabh : thanks shai
11:23 Ashutosh : thanks Shai
11:24 Shai : locals should keep this at 11860
11:25 Ashutosh : but what did you see at 11862 ? means how do you interpret that?
11:25 Shai : confirmation of the unwind would be a fast drop by OTF post 2.30
11:26 Psandeep : Could anyone suggest best way to protect eyes from laptops, desktop, tv kind of screens etc ?
11:26 Ashutosh : +1
11:26 Shai : Yiou have to check the sell opressure abv 11862- it would be the highest of the run up from 11166- (11:25) Ashutosh : but what did you see at 11862 ? means how do you interpret that?
11:26 Shubro : i got a pair of lenses that cut out blue light
11:27 Shubro : glasses*
11:27 Psandeep : Which brand, link please ?
11:27 Shubro : jut got it at one of the retailers called gkb here in kol
11:28 Psandeep : ok Shubro, thanks you for that
11:28 Shubro : mine is prescription so it came as part of the package
11:28 Psandeep : Any more input guys ?
11:28 Ashutosh : sorry for my silly questions but how to chevck it (11:26) Shai : Yiou have to check the sell opressure abv 11862- it would be the highest of the run up from 11166- (11:25) Ashutosh : but what did you see at 11862 ? means how do you interpret that?
11:28 Govind : Sandeep, I use varilux lenses specially made for guys like us…went to a local opticals shop…
11:28 Govind : and I use these lenses only during trading
11:29 Psandeep : glasses right ? I am afraid to try lense i believe
11:29 Govind : Very effective….I can’t look at these screens using my normal lenses
11:29 Govind : Yeah, glasses
11:29 Shubro : Sandeep also early morning eye exercises a little bit lookup palming …10-15 min
11:29 Shubro : can do it any time helps a lot
11:30 Seema : VOL is high on 11864-62, am i correct Shai?
11:30 Psandeep : Thanks Govind let me try, yeah Subhro, I do cardio in gym will add that too..
11:30 Psandeep : Thanks guys for the help. I will check online and local shop.
11:31 Shubro : welcome
11:35 Ravikiran : can we buy bknn now
11:35 Ravikiran : ?
11:37 Ravikiran : 30735
11:37 Ravikiran : 30730
11:40 Madhu : ………..
11:40 Ravikiran : vow
11:42 KK : kotak
11:42 MJ : Yes Dr.
11:42 MJ : Kotak roaring
11:42 Psandeep : Whoever made good money should not trade 23 may expiry. Simply switch to 30 may nifty both call and put. See how price is reacting. With vix on your side, if you can trade big quantity both side for small points., it can be a very much easy day .
11:42 Himanshu : Uttam – r u there?
11:43 Shubro : thanks Sandeep good input
11:43 Uttam : yes Himanshu
11:43 KK : bought kotak call, and Shai’s PE..works ?
11:43 Himanshu : 29780-785 – ansy significance
11:43 Psandeep : *whoever made good mnoeny yesterday
11:43 Ravikiran : pe gone for a loss i think
11:43 Himanshu : if crosses above can enter in morning singles
11:43 Shubro : Sandeep your morning long trade Nifty options your exit is tomorrow right?
11:44 Uttam : 30780 is a HVN Himanshu
11:44 Himanshu : ok
11:44 Uttam : we have had a kind of ORR open today in both guys
11:44 Ravikiran : uttam i am in long 30735
11:44 Uttam : so short term PLR is down till those A period singles are not taken out
11:45 Ravikiran : hopefully …targeting 3085-
11:45 Ravikiran : ?
11:45 Ravikiran : ok
11:45 Govind : Sandeep, Nikon Online is the name of the glass lenses. Which city are you in? If you are in Mumbai or Chennai, I can hook you up with my guy.
11:45 Psandeep : That is seperate, I am playing vix since 2 weeks and in 3 different trades. Above I am referring to intraday trades. Yes exit will be tommorow, if I get very handsome return will book some percent but again i added new trade today so will see
11:45 Psandeep : @subhro
11:46 Shubro : noted sandeep
11:46 Psandeep : Thanks Govind, In bangalore everything is easily available .. (11:45) Govind : Sandeep, Nikon Online is the name of the glass lenses. Which city are you in? If you are in Mumbai or Chennai, I can hook you up with my guy.
11:47 Hiren : 11800 pe day high.. great shai
11:47 Govind : Ok Sandeep
11:47 Uttam : NF going for RE down?
11:47 Psandeep : Govind I will check that. Thanks again
11:47 Shubro : shabaash now RE
11:48 Shubro : gonna pike?
11:48 Shubro : puke*
11:49 Ashutosh : whats re ?
11:49 Shai : nt enough vol to break
11:49 Govind : rang extension
11:49 Govind : range*
11:49 Shai : still locals
11:50 Shai : wait for the OTF
11:50 Shai : you will know when they arrive
11:50 Shubro : cowboys ….waiting for their footprints to make noise
11:50 Shai : (11:24) Shai : locals should keep this at 11860(11:25) Shai : confirmation of the unwind would be a fast drop by OTF post 2.30
11:50 Shubro : charts stuck?
11:51 Manish : Shai : you will know when they arrive; is it by the sharp increase in volume in 5 min chart ?
11:51 Shubro : charts gone again
11:51 Shai : doimg a reset
11:51 Seema : ok
11:51 Shubro : ok
11:52 Shai : back in
11:52 Shai : yes Volume always – (11:51) Manish : Shai : you will know when they arrive; is it by the sharp increase in volume in 5 min chart ?
11:55 Madhu : ,,,,,
11:59 Saranjit : the vah/val values for 20/5/19 in mplite for nf are 11871/11688, but in room 5 m fp charts(box at LHS) these are 11875/11601. For BNF, in mplite it is 30691/30124, but in room these are shown as 30681/30404. Why such huge variation, specially in val?
11:59 Govind : Mplite has a bit of a time delay as of now, I believe
12:00 Govind : As per Suyog. Hence the variance
12:00 Shai : @Saranjit the MP lite is TPO based.. This is Volume profile
12:00 MJ : That val should be around 11688
12:00 Saranjit : ok, thanks
12:00 Himanshu : Uttam – DLO – maintained
12:00 Himanshu : now Up
12:01 Shai : It’s 2 different ways of caluclating valuye areas
12:01 Shai : of ten they are the same but in large range moves they change
12:01 MJ : Shai even for vol profile isn’t 11601 as val too low? for vol profile?
12:01 Anubhav null : plus greens nkw
12:02 Uttam : b) Immediate support is in the 11834-825 zone below which it can probe lower to 11800 & 11770…NF unable to stay bvelow 11825
12:02 Anubhav null : ges
12:02 Anubhav null : rb happening
12:02 Anubhav null : ibh tgt
12:02 Shai : @MJ trend up profiles do not create values
12:02 Uttam : 12k red stuck at 11826
12:02 MJ : Ah gotcha.
12:03 MJ : So val as low as DLO.
12:03 Uttam : yep Trend profiles watch VWAP & POC for ref
12:03 Shai : vakue by definition is a balance hence don’t go looking for a VA in a trend move
12:03 MJ : Ideal zone in trend up to check from POC to VWAP.
12:04 MJ : Thanks Shai and Uttam.
12:04 Shubro : woho o 17k + 9K trapped?
12:05 Uttam : that could be late shorts getting out Shubro
12:05 Uttam : we have one 12k right at lows in prev bar
12:05 Shubro : yup
12:05 Uttam : locals playing
12:05 Uttam : lets wait for OTF in the afternoon if it arrives
12:06 Uttam : for now PLR slightly down as we have a tail at new highs in both though it is a small one
12:06 Himanshu : booooom ”
12:06 Himanshu : Local boom
12:06 Uttam : local boom gets phusss very fast Himanshu 😉
12:07 Himanshu : eys
12:07 Himanshu : but – they too when OTF absent
12:07 Deepak : vwap test
12:07 Uttam : ubt if 11860-862 is taken out we can spike higher
12:07 Himanshu : show their stringth
12:07 MJ : 11860 to watch loads of old biz since start of the series is over there.
12:07 Himanshu : Let us cross VWap
12:07 Shai : Buy BNF 30790 sl of 30700 tgt 30950. Trade small
12:08 Himanshu : See Uttam – Chief call so now
12:08 Uttam : trifecta at vwap in BNF
12:08 Uttam : effect of Shai’s call 🙂
12:08 Shubro : Shai USDINR view?
12:14 Shai : 69.40- 70.40 big range . is weak again now that 70.40 was broken
12:16 Shubro : nice rejections at VWAP both
12:20 Anubhav null : no follow through
12:26 Shai : Update – for the BNF trade put an exit order back in system at 30790 cost . We wonlt trade long in it today
12:27 Shai : thought it would follow through abv vwap to test morning A sellers
12:28 Uttam : BNF can give one move to test the morning singles at 30850 looks like
12:28 Uttam : and that could set up the close today
12:30 MJ : Uttam quick check: For weekly profile what do you take as IB hour range?
12:31 Shubro : NF sitting down readying to take a dump?
12:32 Uttam : 5 hours Mihir & 22 for monthly
12:32 Uttam : ‘b’ profile so far in both
12:33 MJ : Thank you.
12:34 Jitender : 2.2x done
12:34 Uttam : 🙂 welcome and have told this to Suyog over the weekend if it is for the MPLite
12:34 Shubro : nice Jit
12:34 MJ : Razor sharp and mind reader too 🙂
12:34 Paras : nifty taking a dump , ate till the neck yesterday , time to lose weight
12:35 Uttam : congrats Jit, after a long time your fav type of day too
12:35 Shubro : B profile days is it Jit?
12:35 Uttam : narrow range 2 sided auction
12:35 Uttam : is what is Jit’s fav
12:36 Jitender : tx guys
12:36 Jitender : Shubro…cud b
12:36 Uttam : but it does not matter to his DT which in any market he achieves 🙂
12:36 Jitender : no other option bro
12:36 Uttam : (12:35) Shubro : B profile days is it Jit? he meant if they are your fav days to trade
12:36 Jitender : oh k
12:37 Jitender : any type…as long as its rangebound
12:37 Shubro : hmm r
12:37 Psandeep : nice Jit
12:37 Uttam : market should remain open is the only condition for Jit 😉
12:37 Jitender : haha
12:37 Jitender : true….
12:37 Jitender : gvs hope
12:37 Uttam : as I said before he is the main reason for NSE not extending market hours 😉
12:37 Jitender : https://vtrender.slack.com/archives/C0F2VRTPW/p1558422401007700(12:34) Jitender : 2.2x done
12:38 Jitender : i wish Uttam…one day i mite becum the main reason fr sumthng 🙂
12:38 Govind : VIX just shot up
12:38 Uttam : Vix has started its journey to make a new high Shai / Jit?
12:39 Uttam : from now till around 12 PM on 23rd?
12:39 MJ : Thud.
12:39 Uttam : and then it depends on the results
12:39 Jitender : as long as 22 holds imo…rest Shai wud tell better
12:39 Govind : And all fall down
12:39 Hiren : 252
12:39 Hiren : 11800 pe
12:39 Jayanth : SL hit
12:40 Uttam : charts stuck?
12:40 MJ : Yes uttam.
12:40 Govind : Yes
12:40 Shubro : charts ar estuckk
12:41 MJ : Low 11812.xx Shai support message 11810
12:41 Ravikiran : yeah
12:41 Ravikiran : and already price is in rock bottom
12:41 Uttam : 11800 is the composite VAH
12:41 Boppanna : 630/550 possible IMO
12:41 Boppanna : BNF
12:42 MJ : 30 min is fine.
12:42 MJ : 83k buyer at 822
12:42 Uttam : can become an IS on 30mins that
12:42 Uttam : 11822
12:43 Shai : BNF make exits
12:43 MJ : 51 32 29 reds below him.
12:43 Uttam : stops below DL triggered in NF looks like
12:43 Uttam : 28k red in BNF
12:44 Uttam : at 30655
12:44 Shai : 11825 supp,y
12:44 Shai : bad entry in BNF 🙁
12:44 MJ : 🙁 We will get next trade chief.
12:45 Hari : NF for 750
12:45 Himanshu : NF 73 K green
12:45 Uttam : (12:41) Uttam : 11800 is the composite VAH…NF tags the VAH low of 11802
12:45 Himanshu : 29k Green
12:45 Himanshu : R they Stops
12:45 Uttam : 23k red there
12:46 Uttam : looks like getting stuck
12:47 Uttam : gets support
12:47 MJ : Going to yest pullback zone?
12:47 Uttam : (12:42) Uttam : can become an IS on 30mins that(12:42) Uttam : 11822
12:48 Hiren : is 11767 coming?
12:48 Ashutosh : Shai 11810 taken out
12:48 Amjad : uttam what is IS
12:48 Ashutosh : Initialive seller
12:48 Uttam : Initiative Seller
12:49 Amjad : K
12:49 Uttam : 46k green in NF
12:49 Uttam : above 11822 can go back to 11844\
12:49 Uttam : till then plr down
12:50 Uttam : 1.5 IB almost tagged
12:50 Uttam : 11794 was 1.5 IB down
12:50 Shai : 11800 Pe at 255. Book half here and bring sl to 225 now for trade
12:50 Anubhav : to me nice long entry looks like
12:50 Boppanna : BNF out next if gets below 620 12:41 Boppanna : 630/550 possible IMO
12:50 Shai : we amy add that PE higher
12:50 Uttam : BNF taking support just above the singles zone of 30610
12:50 Jitender : +1 BoP
12:50 Anubhav : with sl 11740
12:51 MJ : Anubhav looks like will get 770ish
12:52 Shai : BNF 540 poss if bounce gets rejected at 700
12:58 Uttam : a test of 11770 & then 11744 will be nice
12:58 Deepak : vix dropped
12:59 Shai : Trade- Buy 11700 pe 165 of May 23 sl of 118 tgt 265. Carry till tom.
12:59 Shai : just to make up for the 50% we dropped
13:00 Shai : almost a 100 down with not one point above it – (10:53) Shai : liquidation has set at 11862F
13:00 Uttam : +100
13:00 Shai : This is #orderflow
13:00 Hiren : wonderful shai.. morning call of buying 11800 pe
13:01 Boppanna : Done 12:50 Boppanna : BNF out next if gets below 620 12:41 Boppanna : 630/550 possible IMO
13:01 Uttam : BNF doing that singles of 30610-30539
13:01 MJ : +1 chief.
13:02 MJ : Also comes in 90 mins earlier. this drop.
13:02 Uttam : BNF just missing to tag 1.5 IB
13:02 MJ : 11775 thusfar (12:51) MJ : Anubhav looks like will get 770ish
13:02 Uttam : 27k green at yesterdays ext handle in BNFD
13:02 Anubhav : and greens there
13:03 Uttam : b) Immediate support is in the 11834-825 zone below which it can probe lower to 11800 & 11770
13:03 Anubhav : have heard this number a lot in this series shud get respected i think
13:03 Uttam : this hypo done in NF
13:03 Uttam : d) Below 30610, lower levels of 30565-539 & 30448 could be tagged
13:03 Anubhav : also puts not making new highs now
13:04 Anubhav : so it will bounce
13:04 MJ : nf missed 2ib by 10 bps.
13:04 Uttam : BNF low so far tight in middle of those 2 levels of 30565-539
13:05 Boppanna : Uttam 🙂
13:06 Anubhav : gogogo
13:06 Anubhav : modi modi
13:07 Anubhav : lol
13:09 Uttam : 30534 new low in BNF
13:09 Uttam : another 11k green there
13:09 Uttam : NF wants that 83k green to get out looks like?
13:10 Uttam : 11771 low in NF
13:10 MJ : below that 2ib he is in trouble.
13:10 Shai : (10:54) Shai : dip buyers would still be around in continuation of the mood set yesterday but know this that they chaps are late latifs in the game
13:10 Uttam : gone
13:10 MJ : +1
13:10 Shai : late latifs will pay 🙂
13:10 MJ : shai
13:10 Uttam : BNF testing trend day VWAP
13:10 Shai : #orderflow
13:11 MJ : In #OF we trust.
13:11 Manish : uttam, still locals ? for OTF, the 5 min average vol per bar should be how much ?
13:11 Uttam : increase in vols happening here Manish
13:11 Shai : 11622F if this volume continues at close today
13:11 Uttam : notice the vols
13:12 MJ : Congrats hiren (12:48) Hiren : is 11767 coming?
13:12 Jitender : +1 Shai
13:12 Boppanna : BNF yvwap
13:12 Manish : thnx uttam
13:12 Uttam : (12:58) Uttam : a test of 11770 & then 11744 will be nice
13:13 Hiren : first tgt 280 is about to achieve
13:13 Uttam : new IS in NF at 11792
13:13 Shai : and 11822
13:13 Rushabh : shai new SL for shorts would be?
13:14 Shai : (12:44) Shai : 11825 supply
13:14 Rushabh : thanks shai
13:14 Shai : expecting 11622
13:14 Shai : continue the puts
13:15 Uttam : (11:44) Uttam : we have had a kind of ORR open today in both guys(11:44) Uttam : so short term PLR is down till those A period singles are not taken out
13:15 Jitender : by morrow ? (13:14) Shai : expecting 11622
13:15 Shai : by close
13:15 Shai : 11825F sl
13:15 Jitender : tx
13:17 Jitender : 30.5ce 627-657
13:18 Jitender : yvwap scalp
13:18 Boppanna : +1Jit no wonder it bumped
13:19 Jitender : round fig also BoP..gets one bounce
13:23 Shai : technical pattern has just put this back on tracl for 11382 F sl of 11900 F
13:23 Jitender : wow
13:24 Shubro : holy moly Shai
13:24 Shai : I’ll be called an anti national if I annopunce that so I just bought some 11000 puts June again. willing to lose all
13:24 Shai : 🙂
13:25 Anubhav : wow
13:25 Anubhav : fundamental short bet?
13:25 Shai : #orderflow
13:26 Anubhav : but how come such a big target ? there r multiple supports in btween na
13:26 Rushabh : Shai looking for 10600?
13:27 Jayanth : 11k Pe trading @98 can we buy ??
13:27 Shai : that did not go void- we did ot close abv 11870 spot
13:27 Jitender : u ge it rite Himanshu (10:24) Himanshu : today sell on rise is game – Jit ?
13:28 Rushabh : damn, this will get all the retailers off guard if we get back below
13:28 Hari : 751 12:45 Hari : NF for 750
13:28 Shai : @Jayanth the way I look at it – this is a high risk again. I’m committing alll that money. No sl
13:28 MJ : +1 hari 🙂
13:28 Jayanth : okay
13:29 Jitender : grt (13:28) Hari : 751 12:45 Hari : NF for 750
13:29 Jitender : u rck
13:31 Hari : Jit 🙂
13:31 Hari : Can test 810 once
13:31 Shubro : this is falling samw way it rose….in spurts
13:31 Jitender : 123-134 again (10:01) Jitender : 12kce 123-145, 30.5ce 719-781 dt dne
13:32 MJ : Shubro are you towards your bank?
13:32 Shubro : no man exhausted watching today
13:32 MJ : Aiiyo.
13:32 MJ : Okay.
13:32 Shubro : this rise – from bull to bulls**t
13:33 Hari : ok they in a hurry then…
13:33 Shubro : folks now nervous i suppose
13:33 Anubhav : damn
13:34 Himanshu : 44K green in NF at lows
13:34 Hiren : amazing morning call
13:34 Himanshu : low doen for the day – Uttam ?
13:35 Shubro : ok 3 DT done ….yawn!!
13:35 Shai : told you guys about the puts at 10.50 🙂 – (10:50) Shai : that put should do well
13:36 Shubro : lovely Shai ….my trade conviction increasing….the rationale makes it very clear
13:36 Shai : 30450 next trigger in BNF for something larger there
13:36 Hari : it is only 1.30 now 🙂
13:36 Shai : easy move down
13:36 Shai : done
13:36 Shubro : yeah man Hari
13:37 Shai : I’m expecting 29890 if that breaks
13:37 Hari : yes unlike yday there was a big gap, today is organized selling
13:37 Shubro : the next leg looks staggered Shai
13:37 Shai : mark my 2 numbers and just hold
13:37 Hiren : 11800 pe 285…
13:37 Hiren : no words
13:38 Shai : 100 more I need- (13:14) Shai : expecting 11622
13:39 Shubro : looks like today itself la Shai
13:40 Rushabh : shai lower sl or same 11825?
13:40 Shai : same
13:40 Rushabh : alright
13:43 Jitender : Shai..the vols at 860 are equivalent to one at 622 ? (13:38) Shai : 100 more I need- (13:14) Shai : expecting 11622
13:43 Hari : can you pls put this in Tab A
13:43 Hari : 12:59 Shai : Trade- Buy 11700 pe 165 of May 23 sl of 118 tgt 265. Carry till tom.
13:45 Jitender : 3rd time milked it 122-134 (13:31) Jitender : 123-134 again (10:01) Jitender : 12kce 123-145, 30.5ce 719-781 dt dne
13:45 Himanshu : Boom
13:45 Jitender : bnf need 2 cros 630
13:48 Jitender : 30.5ce 608-671
13:48 Jitender : pretty pretty day
13:55 Arjun : @jitender very unconventional choice of strike prices and those are the only ones that really move.
13:55 Arjun : some insight someday to all of ius about how you pick them 🙂
13:56 Jitender : looka t their traded vols
13:56 Jitender : wrt to others
13:56 Jitender : at 4lac tat strike is liquid
13:56 Jitender : vols
13:57 Arjun : Thank you will monitor now
13:57 Jitender : m hopn tat bnf has made day low…..
13:57 Jitender : though no positions rite now just scalpn
13:57 Jitender : yvwap bounces r being used
13:57 Amjad : check 32400 bnf ce
13:57 Jitender : havent got tat on screen
13:58 Amjad : its 1500% up
13:58 Anubhav : aaj hi strike khula hoga
13:59 Jitender : below 30500—we get 30100
14:01 MJ : nf for vwap?
14:02 Shubro : struggling MJ
14:03 MJ : Yep. Didn’t like that comment.
14:03 Uttam : that 11700pe could lfy if sustains above 180
14:03 MJ : 792 IS checked he kept it down.
14:03 Hari : another 100 pointer downspike in nf starting at 2.15
14:03 Shubro : chalo chalo
14:04 Uttam : I has a small tail at lows so that needs to be negated
14:04 Hari : 11750 guys need to give up
14:04 Uttam : tail at yVWAP4
14:04 Uttam : 11744
14:04 Uttam : break that & can give good move lower in to the close keeping up the spike at close
14:05 Hari : that is ywvap defence, not very significant considering long liquidation IMO
14:05 Hari : becos buyers entered on Thrus and acme move way yday
14:05 Shai : 30450 again
14:05 Shai : games start below it
14:06 Hari : Shai, pls give -650 in bnf today 🙂
14:07 Jitender : Arjun tat was my exit point (13:45) Jitender : bnf need 2 cros 630
14:07 Uttam : NF low so far 11752 in this bar
14:07 Uttam : K needs to get into the singles & make new lows
14:08 Uttam : new low in NF 11744 🙂
14:08 Shai : yesterday’s baba bulls get an attack onlt beliw 450 – (14:06) Hari : Shai, pls give -650 in bnf today 🙂
14:08 Arjun : @jit your entry and exit points are inspirational. I make note and spend time when free trying to analyse them
14:08 MJ : Shai for now the attack is on people who’ve constantly been writing OF away 🙂
14:09 Arjun : my entries are so so. But i get the worst exits among anyone in the room im sure
14:10 Shai : + 1- (14:08) Arjun : @jit your entry and exit points are inspirational. I make note and spend time when free trying to analyse them
14:10 Jitender : dont wrry…chck n understand Uttam’s hypos…u will get a hang of it
14:10 Shai : He is a machine
14:10 Shai : too sharp too good
14:10 Jitender : _/\_
14:10 Uttam : +1 Shai
14:10 Jitender : u have the bots…nuthn better than tat
14:10 MJ : +3000
14:11 Uttam : you are a human BOT Jit 🙂
14:11 Uttam : our human BOT
14:11 Jitender : Uttam…pls, i cant gv calls
14:11 Jitender : no greener ticks fr me
14:11 Uttam : lol
14:11 Uttam : only green MTM
14:11 Jitender : ya
14:12 Jitender : as long as God is kind and have u friends to guide here
14:12 Uttam : 2:15 candle about to start
14:12 Hari : 2.12
14:12 Hari : posn taken
14:12 Shai : whi cares – I consider it a privlige to know the orderflow. It is an invite not extended to all- (14:08) MJ : Shai for now the attack is on people who’ve constantly been writing OF away 🙂
14:13 Uttam : _/\_ give us also a little prasad Hari
14:13 Shubro : popcorn
14:13 MJ : @Shai /\ nicely said.
14:13 Uttam : excetly Shai 🙂 +100 no fight with ppl who mock at it, we know what we are doing and we need to get better at it everyday
14:14 Uttam : Hari’s BOTS were waiting for 2:15 😉
14:14 Jitender : DL brkn
14:14 Hiren : dear shai most of your calls are excellent.. no words.. ppl should have pationce and daring to enter
14:15 Hiren : look at 11800 pe entry was 230 now tradin285g at
14:15 Jitender : tv guy says tis exactly ..30100 (13:59) Jitender : below 30500—we get 30100
14:15 Jitender : tey r snoopn here
14:15 Shai : _/\_
14:15 Shai : this 20k is a sl order in BNF
14:16 Shai : shoukd be taken down
14:16 Shai : gaya
14:17 Shai : some reds in BNF
14:17 Shai : come gate is open
14:17 Shubro : gayi bhais pani mein deux 4
14:17 Boppanna : 320 BNF pls
14:18 Uttam : (14:03) Uttam : that 11700pe could lfy if sustains above 180
14:18 Hiren : 11650 in way?
14:19 Shubro : last attempt at defense?
14:19 Uttam : 11693 coming?
14:20 Uttam : needs to first clear this zone of 11718
14:21 Uttam : d) Below 11770, the auction can go down to 11744 & 11728-718
14:21 Uttam : NF stuck t 11728
14:21 Hiren : ok
14:22 Jitender : nf holdn
14:22 Uttam : yes Jit
14:22 Jitender : bnf gets trifecta
14:22 MJ : 11722 RO point.
14:22 Shubro : o teri
14:23 Uttam : 11718 was yesterdays ext handle
14:23 MJ : yes Uttam.
14:23 Uttam : 11680 pull back low
14:24 Manish : MJ, RO ?
14:24 Uttam : roll over point
14:24 Uttam : when the new series sterted
14:24 MJ : Someone has put a effing magnet at yvwap.
14:24 Uttam : 18k red at lows in NF
14:24 Anubhav : hehe
14:24 MJ : boooom.
14:24 Jitender : 🙂 (14:22) Jitender : nf holdn(14:22) Jitender : bnf gets trifecta
14:25 Jitender : Arjun tats a scalp
14:25 MJ : gracias J.
14:25 Jitender : boom
14:26 Arjun : my my that was quick
14:26 Jitender : 100 bps
14:26 Uttam : trend day VWAP being defended here
14:26 Jitender : u need 2 fig out the beast
14:26 Uttam : it is always an imp reference
14:26 Jitender : as i been sayn with high vix u need to fig yr entry ..rest mkt will do
14:27 Jitender : +1 Uttam
14:27 Shai : Update – Book the 11800 pe fully at 275 cmp
14:27 Anubhav : gr8 trade shai
14:28 Shai : 11700 pe was positional and is a hold for now
14:28 Uttam : +1 Shai
14:29 Shai : let;’s see if the market is more generous tom
14:31 Uttam : sustains above 180 that pe could get generous today only Shai 😉
14:32 Shai : finally some reds in BNF’
14:33 Shai : close abv 190 in 11700 pe is a multi bagger tom
14:33 Shubro : ooo look
14:33 Uttam : lets do it Shai
14:33 HPandey : r the charts slow or i may have net problem?
14:33 MJ : Lag is there.
14:34 Uttam : Room charts are lagging today
14:34 Uttam : 11718 is here in NF
14:34 Uttam : break below it is a new leg down
14:34 Shai : bid ask moving fast
14:34 Shai : turned on fast market mode
14:34 Uttam : boom
14:34 Shai : 11622 F coming
14:34 Shai : finally’
14:35 Hari : dip buyers are active, last 30 mins can get a nastier
14:35 Hiren : wow 305
14:35 Shai : BNF get in shorts’
14:35 HPandey : 11745 yesteday VWAP gone now
14:35 Uttam : f) Break of 30448 could give a leg down to 30352-334 & 30285
14:35 Shai : yes @Hpandey – when liquidation happens that vwap breaks
14:36 Uttam : BNF low 30351.65 so far
14:36 HPandey : hmmm thanks shai
14:37 HPandey : BJP win or not ..they are planning to dump ?
14:37 Uttam : BNF has 51k on 30min at 30384
14:38 MJ : Interesting. (14:36) Uttam : BNF low 30351.65 so far
14:38 Shai : BNF is a STBT with sl abv 30685 for 29890 F – cmp 30410
14:38 Shai : only for risk takers
14:40 Jayanth : can we buy pe ???
14:40 Shai : can
14:40 Uttam : (12:06) Uttam : for now PLR slightly down as we have a tail at new highs in both though it is a small one…small nuances but goes a long way to trade
14:40 Jayanth : BNF
14:40 Jayanth : TY
14:40 Shai : maintian the levels of F but
14:40 Jayanth : okay
14:40 Shai : noit possible to track BNF option prices with this volatility
14:41 Jitender : Uttam…Anuj 🙂
14:41 Uttam : feeling happy Jit 😉 but not good
14:42 Rushabh : shai if short NF carry?
14:42 Uttam : should not feel happy at other ppl’s arrogance
14:42 Jitender : yh
14:42 Shai : can we have a put on
14:42 Uttam : retired it seems 😉 poor guys would have no capital left
14:42 Uttam : vols coming in that 11700pe here
14:43 Uttam : lets see how we close
14:45 MJ : 166440 Day cot.
14:45 MJ : For bnf. Can ignore Shai for tomorrow?
14:45 Uttam : FII covering their BNF shorts look like
14:46 Uttam : 11700pe hits double
14:47 Uttam : 11693 here
14:47 Hiren : fantastic uttam
14:47 Jitender : chrts stuck ?
14:48 Uttam : yes Jit rooms charts have been a bit lagging today
14:48 Jitender : mine nt mvng
14:49 Uttam : yes mine too done a refresh
14:49 Shai : doing a refresh
14:49 Uttam : thanks Shai
14:49 Seema : ok
14:51 Shubro : wow blue screen
14:51 Anubhav : some buying happening
14:51 Uttam : 11680 next sup and below it 11650-643 yesterday’s morning singles
14:51 Govind : Vix rising again
14:53 Shubro : JUn 11000 PE 102 to 113
14:54 Seema : chart gone
14:54 Anubhav : spike expected uttam?
14:54 Anubhav : upwards
14:55 Jitender : ys
14:55 Jitender : cn happn
14:55 Anubhav : 1 last hope bounce
14:55 Anubhav : before results
14:55 MJ : Elongated profiles is filled with opportunities. Just wait for them.
14:56 MJ : are*
14:56 Anubhav : feels like every day is a expiry day nowdays
14:56 Jitender : maruti being invstgtd by CCI
14:58 Jitender : hehe 65pe 84-99 maruti
14:58 Anubhav : vaise hi gadiya ni bik ri
14:58 Anubhav : aur lelo becharo ki
14:59 Anubhav : 100 pointer crash
14:59 Shubro : good time to buy that car then?
14:59 Shubro : lo aagya
14:59 Jitender : 109 now
14:59 Shubro : 3:05 sell of coming?
14:59 Jitender : tats y i have TV on
14:59 Jitender : wrth the value
15:00 Shubro : screen gone dammit
15:01 Shubro : ok back
15:02 Shubro : whos buying or are these SL’s?
15:02 Uttam : guys you better be prepared for such disruptions not just in charts but also your trading account so please keep your trades safe and do not let them get in to a mess
15:02 Shubro : yeah was thinking about zerodha locking out 23rd
15:02 Uttam : election day will be where we need to be extra alert
15:02 Shai : 11730 SL for 11622 F – 70 to go
15:03 Rushabh : shai can carry?
15:03 Uttam : 3:05 move coming?
15:03 Uttam : can happen today itself Rushabh 😉
15:03 Rushabh : what?!
15:03 Uttam : one more minute for that confirmation
15:03 Uttam : we have been closing in spikes from last 6 trading sessions
15:04 Shai : try to stay in and keep a track of the conversation
15:04 Uttam : and no reason why we cant do another one today
15:05 Anubhav : up up
15:06 Thanika : DT done for me! 🙂 straddles my friend today
15:06 MJ : Congratulations!
15:06 Uttam : nice Thanika
15:06 Uttam : vix moving higher helped 🙂
15:06 MJ : Ouch! love this 3 pm time.
15:07 Thanika : yes, both thetimes.. and added slowly
15:07 Anubhav : grens
15:09 Uttam : BOT giving buy on Maruti
15:09 MJ : MARUTI.EQ-NSE Signal Action Alarm! 6879.0 at 15:10 Heatseeker : Initiate a Buy. Qt+0
15:10 MJ : Is he hearing us?
15:10 MJ : Lol
15:10 Shubro : wut?
15:10 HPandey : shai imbalance after imbalance possible?
15:10 MJ : I thought only fb and google heard our conversations 😉
15:12 Madhu : ..
15:12 Shai : yes event – (15:10) HPandey : shai imbalance after imbalance possible?
15:12 Shai : 11700 is the pain?
15:13 Thanika : Thanks, Sandeep! 1 lot here helped with 3K (09:48) Psandeep : Shai Vix is 24 around right now. How about buying 11700pe and 12000ce 30 may expiry . May exit tomorrow before market close. Expecting vix to touch 30 by tomm ?
15:13 Shai : +1
15:13 MJ : yes shai
15:14 MJ : 11700
15:14 MJ : momax pain 11741
15:15 Shubro : close here gap down possible is that the read for tom Shai?
15:16 Shai : gap down is not conf yet
15:16 Uttam : both have made a mirror profile on daily
15:16 Uttam : yesterday we had singles at low then ext handle & elongated profile hbgiher
15:17 Shubro : right Uttam
15:17 Shubro : today similar
15:17 Uttam : today singles at hgihs, elongated down with ext handle
15:17 Shai : last bit of the move did not come 🙁
15:17 Shai : 11687 F lows
15:17 Anubhav : bulls r back
15:18 Uttam : yes no 3:05 move today
15:18 Rushabh : reference for tomorrow shai?
15:18 Shai : anyways take it tom
15:18 Anubhav : going in long again in hope for gap up lol
15:18 Uttam : pull baco low 11680 not tested
15:18 Shai : 11822 – 11622 still range tom
15:18 MJ : Uttam move toh hai.
15:18 MJ : Direction alag hai.
15:18 MJ : 🙂
15:18 Shai : still in the compo April balance
15:18 Shubro : 12000 CE seeing buing
15:18 Shubro : buying*
15:18 Rushabh : we should vivist the lower composite tomorrow?
15:19 Uttam : what MJ in this VIX 30 points is not a move 😉
15:19 Shubro : Shai is it from tomorrow the VIX starts shooting up or straight on THU?
15:19 Uttam : tom 2nd half may be?
15:20 Shubro : allright Uttam
15:20 Shubro : T-2 days to d day
15:20 Manish : any reason they cannot keep results on weekend like exit polls ? will reduce volatility in markets.
15:20 Uttam : dPOC still higher at 11840
15:20 Uttam : we want volatility Manish 🙂
15:20 Anubhav : hmmm
15:20 Shubro : battle royale i must say
15:20 Govind : PEs are gaining despite NF going up slightly
15:20 Ashutosh : Bye all
15:22 Shubro : bloodshed Govind on Fri?
15:22 Shubro : or Thu?
15:23 Jitender : vx incrsn
15:23 Uttam : yes Jit
15:24 Govind : You bet Shubro
15:24 Shai : I’m done for the day
15:24 Shai : Bye all
15:24 Shai : catch up tom
15:24 Manish : bye everyone
15:24 Shubro : By All see ya tomorrow Cheers!
15:24 Uttam : sure Shai 🙂 have a lovely evening
15:26 Uttam : that 11700pe wants to close above 190
15:26 Amjad : bye all
15:26 MJ : Bye everyone cheers!
15:27 Uttam : HVN building here in both
15:27 Uttam : 30380 & 11715
15:28 Jitender : bye all
15:28 Seema : BYE
15:28 TP : Bye All.
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shibu s : bye bye


10:19 Hiren : any view on reliance?
11:22 Rushabh : shai view on L&TFH on bigger TF
12:11 MJ : Shai view on ITC and unilever?
12:11 MJ : For small swing hold? Thanks.
12:22 Shai : RIL good abv 1347 but may get supply intra at day highs again
12:22 Shai : swing move is good abv day highs for coming sessions
12:24 Shai : LTFH has 3 supp zones at 129 and 137 short term . Long trem needs to sustain abv these for more
12:24 Shai : itc watch 311 can do 316 if crosed
12:25 Shai : fails below 307
12:25 Shai : hul 1790 inytra res
12:26 MJ : Thanks shai.
12:26 MJ : Hul possiblity of 1818 till tomorrow?
13:17 MJ : Chief awesome booking zone for axis 🙂 now back at 776.
13:29 Madhu : sir ur view on yes bank
13:40 Madhu : yes bank view plsssss
13:43 Shai : flat profile not doing much
13:43 Shai : stable at 140

Order Flow charts dated 21st May

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

09:46 Shai : (09:46) Shai : Intra – Buy BNF 30220 sl pf 30090 tgt 30445.

09:57 Shai : BNF at 20290. Book half here

10:05 Shai : (10:05) Shai : Book the BNF longs fully at 30340

10:11 Shai : (10:10) Shai : Buy 11700 call at 177 sl of 130 tgt 243/ 265

12:28 Shai : (12:28) Shai : Update – reduce 50%25 in 11700 call at 213 here and ride the rest at cost 177.

14:03 Shai : (14:03) Shai : Update – 11700 call at tgt of 266. Conservtive can book fully or hold with a TSL of 233 for 315 in it.

14:15 Shai : (14:14) Shai : Buy BNF again 30760 sl of 30630 tgt 31062.

14:20 Shai : (14:20) Shai : Book the BNF fully 30820

14:34 Shai : (14:34) Shai : Update – Book out the 11700 call fully


08:59 Vtrender Live : option charts – https://join.me/323-252-606
09:02 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/189475205
09:03 Shai : https://vtrender.in/market-profile-analysis-dated-17th-may/
09:03 Rahul Desai : GM all
09:03 AN : GM all
09:03 Shai : https://vtrender.in/weekly-charts-13th-may-to-17th-may-and-market-profile-analysis/
09:03 Uttam : Good Morning All 🙂
09:04 Ashutosh : GM all
09:04 Deepak : Gm
09:05 Hiren : good morning all
09:05 Shai : 11656 spot and 29850 spot are 2 levels to watch at this open today
09:06 Thanika : GM all
09:06 Shai : the markets would stay bullish if they continue building volume above these 2
09:06 Amjad : gm all
09:06 Shai : Poss upsides in that case are 11865 spot and 30689 BN spot
09:07 Shai : bears come back if the 2 pivots are broken in second half
09:07 Jitender : Gm Folks 🙂
09:07 Manish : gm everyone
09:08 Jitender : bnf 800 up…awsum
09:09 Deepak : one of thse days when i regret having closed my long positions on friday
09:09 Deepak : gm all
09:10 Himanshu : GM all
09:11 Anubhav null : congrats to all postional bulls
09:12 Jitender : traders….
09:13 Anubhav null : swing
09:13 Anubhav null : 🙂
09:14 Manish : always good to have small lottery trades for such events ?
09:14 Jitender : vix 19
09:14 Psandeep : Gm All
09:15 Anubhav null : gap is now the res in nf
09:16 Anubhav null : no volume in deep otm puts
09:16 Psandeep : Gm All
09:18 Uttam : profit booking by longs or fresh shorts here in NF
09:18 Uttam : huge negative COT
09:18 Psandeep : Shai any view on this, holding 6k at average 44. Price now 90+. Trade plan is to book wednesday by closing. Should hold till wed or book ?
09:18 Psandeep : Any thoughts
09:18 Psandeep : 12k ce
09:19 Anubhav null : profit booking happening risk reward not in favor of new longs i think
09:19 Shai : too early for a positional view
09:19 Shai : new positional view
09:20 Shai : 11656 spot my number for today
09:20 Shai : allow 30 eaither side
09:20 Shai : I’m not bullish if that is not taken out and s ell off expetced last hour
09:21 Shai : the market got the exit polls right
09:21 Anubhav null : gr8
09:21 Shai : now it would think ahead
09:21 Psandeep : ok will keep an eye and decide. Thanks Shai.
09:22 Jitender : 15:29 Jitender : just drop vix on Monday n it will be sheer fun
09:22 Jitender : option buyrs screwed
09:22 Jitender : vix 19-22
09:23 Jitender : so as usual insti guys win
09:24 Psandeep : Jit result still ahead, good opportunity for risk takers ?
09:25 Anubhav null : here goes the sgx lows
09:25 Uttam : 21L vols in NF so far
09:25 Anubhav null : damn fiis dumping again
09:25 Jitender : Psandeep let it come down
09:25 Jitender : 2 skewed rite now
09:25 Jitender : scalp if u have 2
09:26 Jitender : no shrts tere fr SC
09:26 Psandeep : +1 Jit
09:26 Jitender : so fresh buyn has 2 cum else it comes dwn fr dip buyrs
09:26 Anubhav null : crashing
09:27 Shai : not yet
09:27 Shai : BNF is bullish
09:27 Shai : setting up into a open rejection
09:28 Psandeep : haha straight lines http://www.traderscockpit.com/?pageView=live-nse-advance-decline-ratio-chart
09:28 Shai : Friday shorts have not given up yet
09:29 Anubhav null : ok vwap taken so cant go long here either na?
09:29 Shai : can do 11526 F
09:29 Hiren : 11550 in way?
09:29 Anubhav null : 11550.was breakdown point spot
09:30 MJ : Shai thanks for adding day cot in 30 min room charts 🙂
09:30 Shai : watch out 11526 F
09:32 TP : GM All.
09:33 TP : Shai these reds are the friday buyers booking out or fresh shorts …….(09:21) Shai : the market got the exit polls right
09:35 Anubhav null : some rb finally
09:35 Amjad : hi uttam hi qt+0, qt+1 what does this indicates in heatseaker
09:36 Uttam : qt+0 is entry level
09:36 Uttam : qt+1 is first target
09:37 Uttam : qt+2 is final tgt
09:37 Amjad : ok thankx
09:37 Uttam : same with q-0 also
09:37 Seema : hI.. uttam, this is yogesh, finally able to attend trading room.
09:37 Uttam : welcome Yogesh 🙂
09:38 Seema : I will tell my reading, correct me if i am wrong.
09:39 Govind : Charts keep disappearing guys
09:40 Shai : charts are fine
09:40 Uttam : working fine Govind
09:40 Shai : anyone with issues?
09:40 Ashutosh : no
09:40 Ashutosh : charts are working fine
09:40 Govind : Ok, I will refresh again
09:43 Jitender : b careful guys…u will get 100 pt bnf swings in mins 2day
09:43 Shai : vol of A is highest of series
09:43 Jitender : choose yr entry v carefully
09:44 Thanika : could a straddle give some gains in such a swing?
09:44 Jitender : vix reducn
09:46 Shai : Intra – Buy BNF 30220 sl pf 30090 tgt 30445.
09:50 Shai : early sellers out in NF also now
09:51 Jitender : 3024-250 was also sellrs
09:51 Jitender : 244
09:52 Jitender : clrd
09:52 Uttam : Shai on the 5min OF charts can we have the POC vol instead of the vol box at bottom as vol anyways displayed at top too
09:53 Shai : let’s stay with vol for this week , will revert later
09:53 Uttam : ok Shai
09:54 Shai : spot on – Nice work – (09:35) Anubhav null: some rb finally
09:56 MJ : Uttam earlier FA was at 11695 and 11692?
09:57 Shai : BNF at 20290. Book half here
09:57 Shai : same selelr trying to come back in NF also
09:58 Uttam : yes Mihir
10:00 Shai : taken out- (09:57) Shai : same selelr trying to come back in NF also
10:05 Shai : Book the BNF longs fully at 30340
10:05 Uttam : sellers in NF being squeezed out?
10:05 Uttam : greens at top of 5min bards
10:05 Manish : uttam, the number in yellow at top of 5 min chart is volume. Is it no of lots or absolute number ?
10:05 Shai : yes all greens now
10:06 Uttam : 5mins has conecutive Ib also
10:06 Boppanna : +1 Shai.. Nice opening trade for the week
10:06 TP : Good one chief !..(10:05) Shai : Book the BNF longs fully at 30340
10:06 Thanika : +1
10:07 Uttam : yep +1 Shai
10:07 Uttam : (10:05) Manish : uttam, the number in yellow at top of 5 min chart is volume. Is it no of lots or absolute number ? it is total vol
10:07 MJ : RO point calling?
10:07 Manish : thnx
10:10 Uttam : C side ext 😉
10:10 Shai : Buy 11700 call at 177 sl of 130 tgt 243/ 265
10:11 Shai : still big greens as we move into the thick bigh composte abv
10:12 Shai : make or break here but worth the risk with rhe call
10:13 Jitender : 30k ce 700-814 (09:51) Jitender : 3024-250 was also sellrs(09:51) Jitender : 244(09:52) Jitender : clrd
10:13 Jitender : vwap up rchd
10:13 Jitender : tx Shai
10:13 Jitender : brilliant call….
10:13 Jitender : helped me buy
10:13 Shai : +1
10:15 Uttam : 11770 coming today?
10:15 Shai : This composite tgt is 11856/ 11910 jfyi- (10:11) Shai : still big greens as we move into the thick bigh composte abv
10:15 Uttam : 🙂
10:16 Uttam : (10:10) Uttam : C side ext 😉
10:17 Uttam : 30825 coming in BNF Shai?
10:18 Anubhav null : rs
10:18 Anubhav null : in nf
10:18 MJ : 11718 thus far (10:07) MJ : RO point calling?
10:19 MJ : Aye aye! Uttam 🙂
10:23 Jitender : Shai…supp lvls in both now for ID ?
10:25 Shai : 11650 and 30220 still
10:25 Shai : BNF is now stretched
10:25 Jitender : tx
10:26 Shai : dip to 30320 still may be a buy
10:37 Jitender : bnf did 1000
10:40 Jitender : c extn
10:43 Boppanna : Jit u mean 100?10:37 Jitender : bnf did 1000
10:45 Gaurav : 1000+ from fiday close he meant
10:45 Gaurav : Friday
10:49 Jitender : ys
10:49 Seema : Uttam, BNF vpoc shifting low
10:49 Seema : with large volume
10:50 Seema : should wait for RB ?
10:52 Shai : 30340 low- (10:26) Shai : dip to 30320 still may be a buy
10:53 MJ : Yes shai with 2 upside down guys there 10k and 6k
10:55 Boppanna : Uttam stopped BNF from getting inot his election Hypos looks like
10:55 Boppanna : *into
10:55 Shai : 20290 supp BNF
10:55 Shai : all long views done below it
10:56 Uttam : yes 30288 is IB
10:56 Uttam : below it 30200 needs to hold Shai? max vol there since morning
10:56 Uttam : IB that also
10:57 Uttam : @Bops _/\_ may be it is waiting for Nifty to catch up
10:57 Uttam : not even done the 2nd normal hypo of the weekly
10:58 Uttam : NF stuck in the daily last bullish hypo
10:58 Uttam : e) If NF stays above 11637, it can tag the higher levels of 11658-663 / 11685-695 / 11712-722
10:58 Uttam : day COT again going up in NF
10:58 Uttam : -4L now
10:59 Uttam : 11695 needs to be taken out
11:00 Shai : suyog’s composite map- https://mplite.vtrender.com/mpheavy?symbol=NIFTY&startDate=26-04-2019&nDays=14&tpo=3&dstr=4:2:1:2:4:1
11:00 Shai : keep that link handy this week
11:05 Uttam : wow this one is nice Shai, did not know we can take an earlier composite & have the latest day’s MP next to it +100 super Suyog
11:14 Suyog : hey guys.. i thought shai will hold the announcement of mpheavy till the UI is ready.. but now that it is open.. just a few things.. for now the URLs need to be built manually for multi-composites.. so, you guys can request me on Slack if you want to see the composites in any specific pattern for few days, till i make the friendly UI..
11:15 Shai : +1
11:15 Shai : sharing a chart through this link is quicker
11:15 Shai : will be very good for composites
11:16 Suyog : oh yes.. this is very helpful.. 🙂
11:16 Uttam : +100 Suyog awesome work, this will help a lot while doing analysis
11:17 Jitender : kudos Suyog
11:17 Suyog : yup, till UI is ready, you guys can request for such URLs
11:17 Suyog : here is 1 more.. a bigger composite that i am looking at personally
11:17 Suyog : https://mplite.vtrender.com/mpheavy?symbol=NIFTY&startDate=16-04-2019&nDays=0&tpo=3&dstr=2:3:5:2:1:2:4:1
11:20 Uttam : boom?
11:21 Uttam : juts like that 50 point jump in BNf?
11:37 Himanshu : Uttam – BNF profile ?
11:37 Himanshu : Double D
11:37 Shai : BNF running out of steam again
11:37 Shai : 2 times done today- (10:26) Shai : dip to 30320 still may be a buy
11:39 Uttam : so far forming a ‘p’ profile and we have a large IB after a huge gap so consolidation happening
11:53 Shai : margins move done
11:53 Shai : 🙂
11:54 Uttam : boom
11:54 Uttam : shorts going to cover?
11:54 Shai : yeah
11:54 Shai : compoiste pressure
11:54 Uttam : +1
11:55 Gaurav : secured highs for the day, Shai?
11:56 Shai : nit yet as 11713 is still holding
11:57 Manish : shai, so normally day’s values will try to move towards composite values ?
11:57 Shai : composite is the big picture
11:57 Uttam : 11790 monthly vPOC calling
11:57 Uttam : weekly
11:58 Uttam : 1L red at 11730
11:58 Manish : shai, because you said composite pressure, is this always the case ?
11:58 Uttam : 88k+17k
11:59 Anubhav null : spt gap in nf also here
12:02 Shai : yes larger tF- (11:58) Manish : shai, because you said composite pressure, is this always the case ?
12:02 Shai : Larger TF always > day TF
12:03 Shai : 201 done – 10:10) Shai : Buy 11700 call at 177 sl of 130 tgt 243/ 265
12:06 Uttam : +1 Shai
12:06 Uttam : C) Above 11613, Nifty can probe higher to 11657-665 & 11720-742…Spot finally getting here
12:09 Paras : 88k seller getting jacked
12:10 Uttam : BNF has a 23k green stuck at 30460?
12:10 Uttam : initiative buyer?
12:11 Seema : on banknifty?
12:11 Uttam : yes
12:11 Seema : Can we buy call?
12:12 Seema : 30400 CALL ?
12:12 Gaurav : thats not any single order uttam
12:13 Shai : No fresh entries in BNF here
12:13 Uttam : yes Gaurav but someone is buying at that level looks like as COT getting positive
12:14 Seema : Ok Sir.
12:19 Uttam : (12:10) Uttam : BNF has a 23k green stuck at 30460? this was at 30448 and not stands out as IB on 30mins
12:20 Paras : 11700 ce me 243 bahot jald aega
12:21 Uttam : 11726 in NF has 1.7L vols
12:21 Uttam : boom boom
12:22 Uttam : 30544 vpoc in BNF
12:23 Uttam : some booking in BNF looks like
12:23 MJ : Anubhav your rb spotting was bang on 🙂
12:23 Shai : yes NF set for 11799 on this new vol
12:23 Shai : 11713 sl;
12:23 Uttam : +1 Shai
12:24 MJ : +1 shai
12:24 Paras : +1 shai
12:24 MJ : RO point capture.
12:24 MJ : extension there too.
12:24 Uttam : 11767 is 1.5 IB & 1770 is that IS from where we started the fall
12:25 Jitender : dip time ?
12:25 Anubhav null : 00thnx mj but i booked at 117
12:25 Uttam : (10:15) Uttam : 11770 coming today?
12:26 Uttam : 11755 so far…15 more
12:27 Uttam : somes reds in NF also at top here
12:28 Shai : Update – reduce 50% in 11700 call at 213 here and ride the rest at cost 177.
12:28 Anubhav null : vwap test coming jit?
12:28 Uttam : +1 Shai
12:30 Seema : I am not able to see VWAP.
12:30 Uttam : it is way below at 11684
12:30 Seema : on both chart
12:30 Uttam : you can see the levels in the box on the left
12:30 Seema : ok
12:30 Uttam : BNF vap at 30358
12:31 Seema : ok
12:31 Uttam : NF started the 80% in the composite
12:33 Paras : 1 lakh guy jacked badly
12:34 Uttam : 5L minus COT in NF so far, wondering what if they are forced to cover 😉
12:35 Govind : Bada Boom then Uttam
12:35 Uttam : of course most part of it is longs booking out
12:35 Uttam : but we can have some shorts also running for cover
12:36 Uttam : (12:22) Uttam : 30544 vpoc in BNF
12:37 Shai : ignore they are trading a long BNF short NF stratgy
12:37 MJ : +1 shai
12:37 MJ : COT can point that easily.
12:40 Jitender : 490..avg 540..out at 475…i(12:25) Jitender : dip time ?
12:47 Madhu : ,,,,
12:48 Uttam : (12:37) Shai : ignore they are trading a long BNF short NF stratgy…oh ok Shai
12:52 Paras : 11799 aegaaa
12:53 Jitender : kitne baje 🙂
12:54 Seema : Game will start after 2 or 2.30pm
12:55 Jitender : wats happening since morn ten 🙂
12:55 Uttam : last week was full of spike closes
12:55 Uttam : will it be repeated this week too
12:55 Jitender : no doubt
12:56 Uttam : but hopefully no more Neutral Days this week 😉 last week we had 4
12:56 Jitender : wed shld b
12:56 Uttam : +1
12:56 Uttam : yes wednesday could be crazy
12:57 Uttam : vix could also make new hgihs then?
12:57 Uttam : I am waiting for the EOD report today to see what OI tells us
12:57 Jitender : +1
13:02 Lokesh : Shai: Did you have chance to go thro’ Daltons Checklist on market profile?
13:03 Shai : I dont follow Dalton anymore @Lokesh
13:04 Lokesh : Any reason
13:04 Shai : Dalton is just to get the basics right. After that you have to strike on your own
13:04 Lokesh : ok
13:04 Lokesh : What i was thinking if we can have the checklist here , so more or less we will be in a process sync i felt
13:05 Shai : No. His views currently are off on a lot of things these days
13:06 Shai : just stick to what he said in the beginning
13:06 Lokesh : ok
13:06 Uttam : what kind of checklist Lokesh? and our markets are different to the US markets so we need to adapt the MP concepts on our charts
13:06 Lokesh : Thanks Shai for feedback
13:07 Lokesh : Got it Uttam. thanks
13:09 Uttam : +1 Lokesh 🙂
13:14 MJ : Team for questions about mplite follow this pdf
13:14 MJ : https://vtrender.slack.com/archives/C0F2X2TFW/p1558338255006300
13:16 Uttam : NF poor high repair first?
13:20 Shai : Nice one MJ
13:22 Uttam : (12:25) Uttam : (10:15) Uttam : 11770 coming today?(12:26) Uttam : 11755 so far…15 more done danaa done…11767.4 high so far
13:22 Lokesh : Shai how important is Half pull back reference and afternoon pull back low/High
13:23 Shai : BNF can risde to 30776
13:23 Shai : but stay careful at these levels esp BNF
13:24 Shai : depends on context right?- (13:22) Lokesh : Shai how important is Half pull back reference and afternoon pull back low/High
13:24 Uttam : (10:17) Uttam : 30825 coming in BNF Shai?…Shai please add 50 more na 😉
13:24 Shai : we trade PBL only for a trend up/ trend down
13:25 Shai : half back is day mid point
13:25 Uttam : 11775 comp vPOC tagged
13:25 Uttam : check in MPlite chart
13:25 Shai : +1
13:25 Uttam : half of 80% done
13:26 Uttam : sorry 11775 was VWAP of that comp
13:26 Lokesh : Thanks Shai
13:26 Uttam : POC at 11796
13:26 Uttam : whihc is where we have a weekly vPOC also and an ext handle at 11785
13:30 Uttam : (12:31) Uttam : NF started the 80% in the composite
13:30 Uttam : composites are very important guys
13:30 Manish : uttam, so is 14 days a good composite range to refer to generally ?
13:31 Shai : getting there – (12:23) Shai : yes NF set for 11799 on this new vol(12:23) Shai : 11713 sl;
13:31 Uttam : just like MB gives smaller range moves, composite is for bigger ranges
13:31 Manish : because you have mentyioned vwap of 14 day composite
13:31 Uttam : @Manish? composite is not of any fixed number of days, it is made when market is in a balance over a period of time
13:32 Manish : ok. so then the 14 days just coincides with that balance ?
13:32 Uttam : that composite is only a 4 day comp before we started falling
13:32 Shai : 50% into composite done – (10:11) Shai : still big greens as we move into the thick bigh composte abv
13:32 Uttam : see the dates given at the bottom
13:32 Uttam : 26 Apr – 3 May
13:33 Madhu : ….
13:33 Uttam : 11700ce hits 240 Shai +100
13:36 Uttam : 11804 is the comp VAH
13:36 Uttam : (13:26) Uttam : POC at 11796…tagged
13:37 Manish : uttam, so frm balance in composite it moved to imbalance (down) and now moving back to balance ?
13:37 Uttam : it is right now in imbalance as on Friday it moved away from the 4day comp it formed last week
13:38 Uttam : in this imbalance move up it has entered the earlier balance so was expected to move through the entire comp
13:38 Uttam : which it did easily
13:38 Shai : +1- (13:38) Uttam : in this imbalance move up it has entered the earlier balance so was expected to move through the entire comp
13:38 Shai : this is basic market profile and everyone in this room should know this
13:39 Manish : thnx uttam, shai
13:43 Himanshu : Now – Uttam – do we expect – VWAP test – in BNF
13:45 Uttam : 11802 VAH in that MPLite comp and almost tagged so completes the entire 80%
13:45 Uttam : 11823 next?
13:45 MJ : Shai 30k monthly I am holding.
13:45 MJ : Any levels if you can suggest?
13:47 Uttam : 11700ce hits second tgt of 263 also 🙂
13:48 Uttam : 11856 coming today?
13:48 Thanika : VIX increased by 1.5 points
13:48 Jitender : 1200 bnf
13:48 Uttam : (13:45) Uttam : 11823 next? Done….2 IB done in both
13:49 Govind : 11700CE second target reached
13:51 Uttam : E) If 11742 is taken out & sustained, Nifty can have a fresh leg up to 11773 & 11797…check the high of Nifty Spot
13:51 Uttam : 11796.9
13:52 Jitender : +1
13:53 Gaurav : was that also the sopt high when that 11L fut trade happened at 11877?
13:54 Uttam : no idea Gaurav as I mark levels on both Nifty & NF seperately based on the MP charts
13:54 Anubhav : sold 12300 calls monthly
13:56 Shai : 30734 – (13:23) Shai : BNF can risde to 30776
13:56 Uttam : +1 Shai
13:56 Shai : Buy BNF again sl of 30550
13:59 Shai : all dips are just being bought as iof tom market will not open 🙂
14:00 Uttam : chances of a circuit before results only Shai 😉
14:00 Shai : only hope for bears is exit polls horribly wromg
14:00 Uttam : may be if Raaga announces retirement 😉
14:00 Shai : this is now secure abv 11650 spot
14:01 Uttam : +1 Shai
14:01 Uttam : rare ocassion of consecutive trend days Shai?
14:01 MJ : Shai people are hoping that an Aussie repeat happens here.
14:02 MJ : Lol.
14:03 MJ : @Gaurav yes rough spot high was here only. 11796.75
14:03 Uttam : there was just a 2% difference it seems so was a close call but here there is nothing close 😉
14:03 MJ : exactly.
14:03 Shai : Update – 11700 call at tgt of 266. Conservtive can book fully or hold with a TSL of 233 for 315 in it.
14:03 Uttam : will hold Shai 🙂
14:05 Seema : Shai, Can we buy 11900 call for tommorw?
14:05 Shai : can
14:06 Shai : may do one more spike in close
14:06 Seema : ok
14:06 Uttam : yes so the spikes at close to continue 🙂
14:12 Uttam : bNFfffff
14:12 Uttam : 30775 on the dot Shai 🙂
14:12 Uttam : please grant 50 more now 😉
14:13 Jitender : 30775
14:14 Shai : Buy BNF again 30760 sl of 30630 tgt 31062.
14:15 Uttam : (10:17) Uttam : 30825 coming in BNF Shai?
14:15 Shai : +1
14:15 Shai : this one is for the spike
14:16 Shai : 30830
14:16 Uttam : 30831 BNF
14:16 Shai : nice
14:16 Uttam : _/\_
14:16 Uttam : 2 atr from negated weekly FA of 28198 in 2 days
14:17 Jitender : bnf new LTH
14:18 Uttam : yes Jit
14:18 Uttam : and it had started the fall before Nifty
14:18 Uttam : 12k tom anyone in NF?
14:18 Himanshu : LTH – ?
14:18 Uttam : lifetime high
14:18 Jitender : life time hiiiigh
14:18 Himanshu : yea
14:18 Jitender : 🙂
14:18 Jitender : hope all made money today
14:19 Uttam : only 1 trade just like Fridays
14:19 Jitender : awesum
14:19 Jitender : congrats
14:19 Uttam : Friday had bought 11300ce booked today at 150+ points
14:19 Uttam : today 11700ce entered at 180 & holding
14:19 Jitender : too good
14:19 Uttam : small is good in thse markets 🙂
14:20 Govind : Great Uttam
14:20 Jitender : anyday
14:20 Shai : Book the BNF fully 30820
14:21 Shai : profit booking here
14:21 Shai : be gauarded if long
14:22 Shai : 10805 a supp
14:22 Shai : 10760 second supp
14:25 Anubhav : nice
14:25 Anubhav : late buyers ripped
14:25 Shai : yes
14:26 Anubhav : bach gaye
14:27 Anubhav : vwap tgt now?
14:28 Shai : market is announcing next 2 days also in same compoiste
14:28 Shai : 11650- 11870 spot zone
14:29 Shai : buy in LT portfolios only abv 11870 spot
14:31 Jitender : just 17koptions traded so far (14:19) Uttam : small is good in thse markets 🙂
14:31 Jitender : 17 k
14:34 Shai : Update – Book out the 11700 call fully
14:37 Anubhav : fiis r still selling looks like
14:37 Anubhav : domestic driven rally shai?
14:40 Jitender : 32kce at 208
14:42 Jitender : 29.1pe same
14:42 Jitender : 3300 pt spread
14:43 Jitender : tempting
14:43 Thanika : @Uttam: There is a pink bank keep coming in NF at higher levels, does it indicate a fal?
14:43 Uttam : wow man
14:43 Anubhav : karlo
14:43 Uttam : pink band indicates seller imbalance
14:46 MJ : Close in DHI.
14:47 MJ : 58k above 2ib
14:47 Uttam : today’s profile may need repair tom & day after so as Shai said we could remain in this zone of 11670-11870
14:47 Uttam : BNF has seen longs booking out at hgihs looks like
14:48 Uttam : day’s COT now negative in both
14:48 Uttam : NF has a big -6L COT which can still give a spke hgiher here
14:48 Uttam : right time for it
14:49 Shai : I’m done here
14:49 Shai : will wait out the open tom
14:49 Shai : dpoc shoukd ome back here to 11810F
14:49 Uttam : same here Shai no more trades for today booked that 11700ce at 260
14:50 Shai : +1
14:53 Govind : Shubro, you here man?
14:53 Uttam : that 58k green is a short SL
14:53 Uttam : COT from -7.98 to -7.5 now
14:54 Uttam : Jit giving any 3:05 move now that 14:45 spike did not come?
14:54 Psandeep : Bank nifty will try for 5% once ?
14:54 Psandeep : before close
14:57 Anubhav : 12000 close?
14:58 MJ : Anubhav greedy bouy!
14:58 MJ : 🙂
14:58 Uttam : @Anubhav you plannin an exit of that entire -7L COT in NF is it 😉
14:58 Jitender : y not (14:54) Uttam : Jit giving any 3:05 move now that 14:45 spike did not come?
14:59 Uttam : 6 mins to go lets see 🙂 Jit
14:59 Anubhav : lo ji lo
14:59 Uttam : building up nicely though for that
14:59 Anubhav : break out
14:59 Uttam : shorts xiting
15:00 Uttam : 80k green
15:00 Govind : NF F 10 points from ATH
15:00 MJ : (14:46) MJ : Close in DHI.
15:00 Psandeep : 4.10% to 4.40% to
15:00 Uttam : but move started before 3:05
15:00 MJ : Sandeep kardo aaaap.
15:03 Uttam : 80k at new sup in NF into the close
15:03 Madhu : …..
15:03 Uttam : (14:48) Uttam : NF has a big -6L COT which can still give a spke hgiher here(14:48) Uttam : right time for it
15:04 Uttam : 80k green at 11826*
15:04 Psandeep : haha MJ
15:04 Psandeep : 4.60%
15:05 Jitender : happy 🙂 (14:58) Jitender : y not (14:54) Uttam : Jit giving any 3:05 move now that 14:45 spike did not come?
15:05 Psandeep : little careful here ce premium are coming down
15:06 Govind : Yes Sandeep, noticed that too
15:07 Psandeep : Price is God (15:05) Psandeep : little careful here ce premium are coming down
15:08 Govind : Futures premiums are low as well
15:08 Jitender : theta
15:08 Govind : THey may jump on 23rd
15:08 Psandeep : yes Jit, all ce premium down
15:09 Psandeep : Total traded qty only bank nifty options 87240
15:09 Psandeep : What a day for all I believe ..
15:09 Psandeep : All God’s grace.
15:10 Psandeep : Thank You All…I am done
15:10 Psandeep : bye
15:10 Uttam : congrats Sandeep 🙂
15:10 Amjad : bye everybody
15:10 Shai : 11805 supp for tom
15:10 Boppanna : Uttam finished his 2 BNF election hypos and 1 hypo in NF
15:10 Uttam : _/\_ nothing in my hands Bops
15:11 Psandeep : Cheers Uttam…
15:11 Psandeep : Congrats Jits, Shai and all
15:11 Uttam : cheers:)
15:11 Psandeep : Congrats Uttam
15:11 MJ : Cheers sandeep!
15:12 Psandeep : Congrats MJ yaar…sorry missed others.
15:12 Psandeep : take care bye
15:12 Psandeep : Cheers
15:12 Govind : Bye Sandeep
15:12 MJ : Govind hoping you were in few stocks? 🙂
15:12 MJ : Whattey day it has been.
15:12 Govind : Yeah MJ
15:13 Govind : But I wanted to tread carefully. So, kept my positions small
15:13 Anubhav : otm puts crashing now new lows
15:15 Govind : Shai, ok to take BNF/NF home? Small lots.
15:15 Govind : Futures
15:15 Shai : fully done thru the compoiste – (10:11) Shai : still big greens as we move into the thick bigh composte abv
15:15 Shai : done – (10:11) Shai : still big greens as we move into the thick bigh composte abv
15:16 Shai : yes can
15:16 Shai : second bullish signal today
15:16 Govind : Ok thanks
15:16 Uttam : close not at highs in both
15:16 Uttam : MJ you booked out is it 😉
15:18 MJ : 822 and 863 F.
15:19 Uttam : no wonder NF stopped making new highs 🙂
15:19 Thanika : 🙂
15:19 Uttam : high per close karwana tha na
15:19 MJ : 10 more mins.
15:19 MJ : Reducing my risk.
15:19 Uttam : that RS at 11864 is you Mihir
15:20 Govind : finish with a flourish here?
15:20 Uttam : if Mihir allows
15:20 Govind : Come on MJ
15:20 MJ : Uttam suddenly I feel taller.
15:21 MJ : Bas karo 🙂
15:21 Govind : haha
15:21 Uttam : you are tall man
15:21 MJ : Nope nope. 🙂 5 ft something.
15:21 Jitender : oh
15:21 Uttam : in stature
15:22 Jitender : as tey say size doesn’t matter…sometimes
15:22 Jitender : rest neighbours know better
15:22 Uttam : looks likeMihir being generous enough to take off his hurdle at
15:22 Uttam : 11864
15:23 Uttam : VIX will continue to fall now Jit?
15:23 Jitender : shldnt go below 22
15:23 Uttam : cos markets sensing that there is no surprises in the results?
15:23 Jitender : mayb 28 by wed
15:23 Jitender : again
15:23 Uttam : hmmmm
15:24 Jitender : tv sayn fastest rise in 10yrs
15:24 Jitender : fr bnf ..since fryday
15:24 Uttam : oh yes Jit
15:24 Uttam : Thurday last 45 mins to Friday was 1000
15:25 Uttam : today gap up of 700 & another 700
15:25 Jitender : man…wish cud travel bck in time
15:25 Uttam : (15:00) Uttam : but move started before 3:05….noticed many times that if move starts just before 3:05 good chance that high gets tagged before the last 15 mins
15:26 Jitender : +1
15:26 Uttam : (15:25) Jitender : man…wish cud travel bck in time….history repeats Jit 🙂
15:26 Jitender : well said 🙂
15:26 Uttam : _/\_
15:26 Uttam : some more hsorts running for cover in NF looks like
15:27 MJ : Again bnf day COT comes to neutral.
15:27 Shai : Bye all
15:28 Shai : Hope eveyone had a good day
15:28 Shai : Catch up tom
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Jitender : bye all
15:28 TP : Bye All.
15:28 Thanika : Thank you all, bye!
15:29 Uttam : back to back trend days
15:29 Deepak : bye all
15:30 Ashutosh : Bye all
15:30 Govind : bye all
15:33 Himanshu : bye all


14:04 Rahul Desai : Shai your view on SBI please
14:27 Shai : sbin multi month breaout
14:27 Shai : hold if a LT player shoukd double
14:33 MJ : Shai I am holding axis rec and adani ent. Can glance through for booking zones? Thanks.
14:49 Shai : for next week?
14:49 MJ : Picked on friday.
14:49 MJ : need overhead supply levels. Will manage tsl for it.
14:50 MJ : I was thinking to tsl cautiously through wed.
15:04 Shai : axis 792 and 804 overhead supply
15:04 MJ : Thanks bossman.
15:04 Shai : rec can move to 158 also
15:05 Shai : adani for 162
15:06 MJ : Yes shai REC tags older bracket zone. Will keep moving tsl. Thanks.
15:06 Shai : what can you say about Adani. In another 5 years he will be the richest guy in the globe also 🙂
15:06 MJ : 😉 sail along.
15:07 MJ : Why people punt on exit polls and adani. know a friend who got jacked in ports short.
15:08 MJ : and adani ent too.

Order Flow charts dated 20th 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


BNF


Room Chat

09:12 Shai : (09:12) Shai : risk on all trades from today will be 0.5%25 per the risk management tool we follow at Vtrender

09:37 Shai : (09:36) Shai : Intra – Buy NF 11326 sl fo 11280 tgt 11390.

09:52 Shai : (09:51) Shai : Exit from the NF longs at 11305 cmp here

10:26 Shai : (10:26) Shai : Intra – short BNF 29024 sl of 29139 tgt 28850.

10:53 Shai : (10:53) Shai : BNF 28970. reduce half here amnd ride at cost some

10:55 Shai : (10:55) Shai : update tgt to 28645 for higher risk trader with sl at original price of 29136

11:26 Shai : (11:26) Shai : NF- short at 11338 sl of 11368 tgt 11290.

12:32 Shai : (12:32) Shai : Make exits in the NF shorts at 11355 cmp

13:27 Shai : (13:26) Shai : Intra – Buy BNF 29200 sl of 29075 tgt 29398.

13:32 Shai : (13:32) Shai : BNF book profits at 29276

13:43 Shai : (13:43) Shai : Intra – Buy BNF abv 29305 tgt 29400 sl of 29225

14:19 Shai : Book the BNF trade near cost here. Aggressive traders may hold with same Sl


08:55 Vtrender Live : options screen- https://join.me/805-864-761
08:56 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/773557173
08:58 Shai : GM all
08:58 AN : GM Shai and all.
08:58 Ashutosh : Good mornig
08:59 Shai : https://vtrender.in/market-profile-analysis-dated-16th-may/
08:59 Madhu : GM Shai and all.
09:00 Shai : spike up in NF yesterday whiuch put it at the edge of the 3 day balance but still in range
09:00 Shai : neut extreme in BNF yesterday
09:01 Shai : 11305 ref level for the open
09:01 Shai : considered weak again below 11305 F
09:02 Shai : 11182- 11192 day supp
09:02 Shai : on any upper probes abv 11310 can challenge the previous FA zone 11397- 11412
09:03 Shai : 29095 ref zone for any upper moves in BNF based on Neu X
09:03 Himanshu : GM all ..
09:03 Himanshu : GM Chief
09:04 Shai : #template for day – 17th May
09:04 Himanshu : Chief do you think VIX of BNF – 23rd exp can cool off today ..
09:04 Himanshu : is very high,,,
09:05 Amjad : gm all
09:06 Uttam : Good Morning All 🙂
09:06 Shubro : GM folks!
09:08 Jitender : Gm Folks 🙂
09:09 AN : Shai, what is the support ref for BNF ?(09:03) Shai : 29095 ref zone for any upper moves in BNF based on Neu X
09:10 Shai : 28820 1st supp
09:10 AN : thx
09:11 Shai : Vix is headed to 36 – (09:04) Himanshu : Chief do you think VIX of BNF – 23rd exp can cool off today ..
09:11 Shai : but 36 is a “normal” for elections
09:11 Shai : I have seen 70
09:11 Shai : will take off abv 36 and can #justsaying
09:11 Uttam : whoaaa
09:12 Uttam : 70 vix Jit you hear that 😉
09:12 Jitender : 🙂
09:12 Shai : risk on all trades from today will be 0.5% per the risk management tool we follow at Vtrender
09:13 Uttam : this is till the may series gets over Shai?
09:14 Uttam : 50% position size or 0.5% risk Shai?
09:15 Shai : 0.5% risk of capital
09:15 Uttam : done thanks
09:15 Uttam : makes sense
09:16 TP : GM All.
09:17 TP : China no longer intrested in trade talks with US.. Quotes Bloomberg.
09:18 Shubro : ignoring the bully TP
09:19 TP : yes but for how long ?
09:19 Shubro : wait for next presidency lol
09:23 Uttam : BN Spot going for 29100 tag
09:23 Anubhav null : rs in bnf
09:24 Thanika : good morning all. 🙂
09:24 Psandeep : Gm all
09:24 Govind : Past the 29080 FA
09:24 Psandeep : crazy premium in bank nifty
09:24 Psandeep : options
09:24 Uttam : that was negated 2 days back itself Govind
09:24 Uttam : when we hit 29198
09:25 Govind : 29198 is another FA right?
09:25 Uttam : nope
09:25 Uttam : weekly FA have taken it as
09:28 Anubhav null : plr up.today? buy on dips?
09:28 Govind : Uttam, MP analysis report says a weekly FA at 29198 on 15/05 was confirmed. So this means that there was a FA at that point and it was confirmed by another FA at the same point on 15/5?
09:28 Shai : watch the vwap
09:28 Uttam : we are the top of the balance we have been making Anubhav so till you dont see initiative buying here PLR would be down
09:29 Shai : 29098- (09:03) Shai : 29095 ref zone for any upper moves in BNF based on Neu X
09:29 Anubhav null : so can sell below vwap or wait for ib to form?
09:29 Uttam : +1 Shai
09:31 Uttam : the first hypos on the sell side in NF & BNF were 28890 & 11270 and lows so far 28880 & 11267
09:32 Shai : NF highs risk trade for 11358 sl of 11280
09:32 Uttam : +1 Shai another probe above 11330 can being that vpoc
09:33 Uttam : BN Spot trying to enter previous week’s Value
09:33 Uttam : 29049 imp ref in it
09:36 Shai : Intra – Buy NF 11326 sl fo 11280 tgt 11390.
09:44 Shubro : good vols in A?
09:44 Shai : yes
09:45 Shai : good vols from 1.30 yesterday
09:45 Shubro : yeah
09:45 Jitender : 28.8 anyone ?
09:45 Shubro : hope it doesnt fizzle out lets see
09:45 Hari : Jit 11070 on cards for this move
09:45 Ashutosh : whats 28.8 ? (09:45) Jitender : 28.8 anyone ?
09:46 Shubro : i think so rising….Jit
09:46 Jitender : 28800 spot i meant
09:46 Jitender : k Hari
09:47 Ashutosh : ok got it
09:47 Jitender : no positions
09:47 Jitender : just wanted a view
09:47 Shubro : I think one big down move stil lpending but lets see
09:47 Ashutosh : its easy this way 28.8
09:47 Boppanna : Jit IMO if Sustains below BNF 29980
09:47 Jitender : k
09:48 Jitender : abv 29970 it shld fly
09:48 Shubro : pivot being Day open Jit?
09:48 Jitender : Shubro..fr a change no trade so far
09:48 Jitender : just watchn
09:48 Shubro : cool Jit
09:48 Shubro : have a long straddle open small size seeing where it goes
09:48 Jitender : 2903.5-29970 range …mini
09:48 Jitender : k
09:49 Anubhav null : rs is coming on bounces can test 11230
09:49 Anubhav null : my opinion
09:51 Hari : Jit reason being, the first BO from a balance most of the time tend to be fake, so we got BO today from bal and it was on upside, so shorted at IBH today. This is posnl view point and not intra
09:51 Shai : Exit from the NF longs at 11305 cmp here
09:52 Hari : traps people on the wrong side and removes their pants in a jiffy
09:52 Shai : put that buy on hold till 11330 is taken out
09:52 Shubro : exited my call long straddle holding PE
09:52 Hari : below 11260 another 150 pts in offing my 2 cents
09:53 Shai : yes
09:53 Shubro : Shai that call yesterday end of day might complete today thats my view
09:53 Shai : looke dlike probing up off the A period now back to sideways the NF
09:54 Shubro : vix was the culprit if that happens
09:54 Shai : poss Subro
09:54 Shai : BNF was the key mover yesterday and today too
09:54 Shai : see 29098 as massive day supply
09:55 Shubro : yep
09:56 Shubro : need to break yest levels first
09:57 Shubro : those FII orcas need to attack this at VWAP for it fall
09:57 Uttam : looked like an ORR up in both but if fails then can fall big
09:58 Shubro : this could be killer friday
09:58 Uttam : volumes in NF was almost double the average in the first 15mins
09:58 Uttam : those buyers could come under pressure
09:58 Shubro : fizzling out here
10:00 Uttam : taking out the RS here both?
10:01 Ashutosh : RB in nf ?
10:02 Uttam : we have some initiative buying in NF at open so till A period singles stay shorts need to be careful
10:03 Uttam : (09:33) Uttam : BN Spot trying to enter previous week’s Value(09:33) Uttam : 29049 imp ref in it Spot makes new high at 29038.7
10:04 Uttam : Hari there at top defending the RS looks like 🙂
10:14 Shubro : C buggers
10:15 Shubro : B vols average?
10:17 Shai : prices of BN weekly options are just unbeliveavle 🙂
10:19 Ravikiran : buy
10:19 Ravikiran : buy
10:19 Ravikiran : ?
10:19 Anubhav null : its good to sell deep otm strangles
10:19 Jitender : yup look at 30.3 ce or 27.3pe
10:19 Anubhav null : weekly bnf
10:19 Anubhav null : 5 percent roc we can get by just holding
10:20 Anubhav null : 1 week
10:20 Jitender : 27-30.7 range in bnf has prem
10:21 Anubhav null : hli have sold.montthly 26000 puts in bn
10:24 Shai : the expected range can go to 700 in BN anytime
10:24 Shai : so careful if writing
10:26 Anubhav null : hmmm
10:26 Shai : Intra – short BNF 29024 sl of 29139 tgt 28850.
10:27 Uttam : C making double inside bar so far
10:27 Uttam : in both
10:28 Uttam : BNf into the morning singles
10:28 Uttam : weaker below 28997
10:30 Jitender : tx Hari (09:51) Hari : Jit reason being, the first BO from a balance most of the time tend to be fake, so we got BO today from bal and it was on upside, so shorted at IBH today. This is posnl view point and not intra
10:30 Jitender : 29.65-29 firs small trade …just 0.1 DT
10:40 Uttam : 11421 can come today in NF
10:41 Uttam : 11280-270 invalidation
10:42 Uttam : we are moved away from the balance with singles & making value higher today
10:43 Uttam : we had a 3 IB up so no C period ext is good
10:44 Anubhav null : alll gap up.hope buyers s are going long for.mlnday
10:45 Shai : https://vtrender.slack.com/archives/C0F31QRN3/p1558067942060800
10:47 Uttam : Nifty Spot hgihs of ABCD so far between 11313-11316
10:47 Uttam : 11313-11319
10:48 Uttam : 11316 was a vPOC there
10:53 Shai : BNF 28970. reduce half here amnd ride at cost some
10:53 Uttam : +1 Shai
10:53 Uttam : 20k red stuck in BNF
10:54 Shai : still looks good to drop
10:54 Shai : we have a good entry
10:54 Shai : hold some
10:55 Uttam : yes staying in the mornign singles will make it weaker
10:55 Shai : update tgt to 28645 for higher risk trader with sl at original price of 29136
10:56 Shai : am holding
10:56 Shai : plan- (09:03) Shai : 29095 ref zone for any upper moves in BNF based on Neu X
11:10 Paras : what is neu x sir
11:11 Uttam : Neutral Extreme is a day type in MP
11:11 Uttam : what we had last 2 days
11:12 Uttam : Neutral days are days where you have range extrnesion both sides of IB
11:12 Uttam : Neutral Extreme is day when it closes at the extreme high or low of the day
11:14 Uttam : D insdie C triple inside bar
11:15 Shubro : major fight gong on
11:15 Shubro : Govind eod moves?
11:16 Govind : Don’t know Shubro…option prices have me in a dizzy…might just observe and not partake
11:16 Govind : Can’t wait for this whole election circus to be over
11:16 Shubro : true that
11:18 Jitender : charts slow ?
11:18 Shubro : yes charts very slow
11:19 Jitender : k
11:20 Govind : Suyog;s mplite charts are awesome Shai! So much info there.
11:20 Shubro : Suyog excellent companion to this room mplite is
11:20 Govind : Now we have volumes at every price point Shubro
11:21 Govind : Great adition
11:21 Govind : addition*
11:21 Shubro : Shai/Suyog any chance of adding the day COT there ?
11:23 Paras : 28000 stop loss
11:23 Paras : 13050 sl
11:24 Shai : 11341 big seller
11:24 Paras : true
11:24 Paras : 1 lac qty
11:24 Shubro : woah thats a big guy
11:25 Govind : Just above IBH Shubro
11:25 Paras : seller on range extension to the upside
11:25 Shubro : is he going define the day?
11:25 Shubro : *to
11:26 Shubro : 9720 stuck in BNF?
11:26 Govind : If he can’t define the day, well….
11:26 Paras : a close below vwap may bring in his companions \
11:26 Shai : NF- short at 11338 sl of 11368 tgt 11290.
11:26 Jitender : 29975-29065 on green band + (10:53) Uttam : 20k red stuck in BNF
11:26 Govind : Here we go
11:27 Shubro : Classic OF trade now i hope Shai
11:28 Shai : yes
11:28 Shai : we swim or sink with the big guy 🙂
11:28 Paras : lol
11:28 Paras : we have the probability
11:29 Shai : that’s right
11:30 Shai : check MPlite- second biggest set of volumes are at this vpoc 11350 abv that 3 day vpoc of 11166
11:30 Shai : if you keeping looking atbthe charts and the OF live here, all this theory would come togher and thiings make sense
11:30 Govind : +1
11:30 Shai : like why this big guy has come here
11:31 Jayanth : Exit this one (09:36) Shai : Intra – Buy NF 11326 sl fo 11280 tgt 11390.
11:31 Shai : that was eited in morning
11:31 Paras : +1
11:31 Shai : exited* @Jayanth
11:32 Jayanth : oky
11:32 Shubro : Shai that MP lite comment on volumes – do i run a composite to see the numbers?
11:32 Paras : more selling here
11:32 Shubro : trying to map your guidance
11:32 Shai : yes 4 sessions min
11:32 Shubro : allrite thx
11:33 Govind : So many tools here…just need to put in my 10000 hours Shai 🙂
11:35 Hari : why only 290 in NF Shai?
11:35 Shai : 🙂
11:35 Shai : current vol – current state
11:36 Hari : NF 34l in hrs+ not bad na
11:36 Paras : so vpoc should be checked in reference to 4 5 days
11:36 Hari : Yesterday you mentioned about OI build up in June, is that bullish or bearish Shai?
11:37 Paras : buyers trying to jack the biog guy
11:38 Hari : Jit, do you need 30 mins OF next to 5 mins or can we move back to original view?
11:40 Uttam : BNF still in the A period range
11:40 Paras : shai ji can 11277 be the target vpoc
11:40 Paras : caus that is where there might be a good response again
11:41 Deepak : Shai – so BNF + NF both short right for the moment ?
11:41 Uttam : (09:33) Uttam : BN Spot trying to enter previous week’s Value(09:33) Uttam : 29049 imp ref in it Spot made new high now at 29041.45
11:42 Uttam : NF Ces did not make new hgihs in fact hardly moved inspite of NF making new highs
11:45 Anubhav null : writers i n play
11:46 AN : yes Uttam, elasticity is very high today due to high premium on weeklies. (11:42) Uttam : NF Ces did not make new hgihs in fact hardly moved inspite of NF making new highs
11:47 AN : Especially in BNF options
11:49 Shai : rolls so far – (11:36) Hari : Yesterday you mentioned about OI build up in June, is that bullish or bearish Shai?
11:49 Shai : so far it has been long liquidation which is the first pahse we look at in OI
11:50 Shai : now we are looking to see if there is short build up in OI which will tell us that multi month NF wants to go lower
11:51 Uttam : BNF getting RS again at the morning RS of 29072
11:51 Uttam : that stuck 24k red got out looks like at high of prev 30 min bar
11:57 Paras : can looking at vpoc and of guide intra trades
11:57 Paras : or theres much moe to it
11:58 Hari : Shai, planning to shut the terminal from Monday, can you I request you to put the time lapse video of OF in NF and BNF from Monday to Friday, if you dont mind, or if difficult, just put the video for 23rd
11:58 Ashutosh : Shai bought jun 11000pe @235
12:01 Shai : video of 23rd?
12:01 Shai : subject to the market staying open post 9.16 am 🙂
12:01 Shai : lol
12:01 Ashutosh : lol
12:03 Shai : wtf BNF
12:03 Anubhav null : wow
12:04 Anubhav null : ib
12:04 Shubro : ho ho ho
12:04 Paras : huge buying
12:04 Shai : 120 poinetr 2 mins
12:04 Paras : 1lkh guy jacked
12:04 Ashutosh : looks like stop hunting
12:04 Shubro : exit BNF trade Shai?
12:04 Shai : yes exit BNF
12:05 Jitender : 11.3ce 245-256
12:05 Jitender : 0.7x
12:05 Jitender : 0.3 to go
12:06 Jitender : 3 trades so far
12:06 Jitender : bloody tough
12:06 Shai : yough is an understatement
12:06 Shubro : risk management takes all the points in this
12:07 Shai : maintain 11368 sl on the NF shirt trade
12:07 Jitender : u see option prem…n cant trade with vols
12:07 Uttam : (10:02) Uttam : we have some initiative buying in NF at open so till A period singles stay shorts need to be careful(10:40) Uttam : 11421 can come today in NF(10:41) Uttam : 11280-270 invalidation(10:42) Uttam : we are moved away from the balance with singles & making value higher today
12:07 Paras : buying pe buying
12:07 Shubro : ok so BNF looks like 313 now
12:07 Uttam : half way done in NF
12:08 Uttam : 50 more points to go
12:08 Uttam : NF almost tagging that 1.5 IB of 11369 inspite of the large IB today
12:09 Uttam : NF has broken out at DD time
12:09 Uttam : Shai NF profile chart needs a little adjustment
12:09 Manish : Looks like trading is tough for next 5 days. just wondering, elections come only once every five years. So why can’t you all not trade for one week every five years ? Or are you all so addicted to trading that it is tough not to trade ? :))
12:10 Ravikiran : still holding 11400 ce @196.6
12:10 Ravikiran : 🙂
12:10 Uttam : @Manish there are many who are not trading and even here as Shai mentioned risk now for all calls will be 0.5%
12:11 Uttam : (09:23) Uttam : BN Spot going for 29100 tag…Done
12:11 Hari : WRBs started from today I guess
12:11 Shubro : WRB?
12:11 Manish : ok uttam.
12:11 Shai : Looks like a caretl of brokers and prop desks propping this up
12:11 Shubro : hmm
12:12 Arjun : shai sir the bnf 5 min charts can i be focussed
12:12 Govind : WRB Hari?
12:12 Shubro : proxy home team i suppose
12:12 Uttam : 21k red at top in BNF
12:12 Shai : ?
12:12 Shai : ?- (12:12) Arjun : shai sir the bnf 5 min charts can i be focussed
12:13 Hari : Wide Range Bars
12:13 Shai : have to be carefiul here with BNF shorts
12:14 Hari : gonna continue until next friday
12:14 Shai : about to go big buy for 29400
12:14 Uttam : +1 Shai
12:14 Uttam : finally NF Ces make new day highs 🙂
12:14 Uttam : 11369 NF high exact 1.5 IB
12:15 Ravikiran : ut…i am still holding 11400 ce 196.6
12:15 Anubhav null : fa level was 11375 i think
12:15 Uttam : 11376
12:15 Ravikiran : confident on still going up
12:15 Ravikiran : 🙂
12:15 Anubhav null : dump coming soon
12:16 Ravikiran : hmmm lets see
12:17 Uttam : today last trading day before the exit polls come out
12:17 Uttam : Monday onwards will be crazier
12:18 Ravikiran : ic
12:18 Ravikiran : ic
12:18 Shubro : MR. Sardesia prediction video yest BJP wins 272
12:18 Uttam : Monday to Friday will be a trading week to remember for years to come
12:18 Shubro : if we trade lol
12:18 Ashutosh : +1
12:18 Uttam : even if we do not trade we can learn lot of thigns
12:19 Uttam : and if there is not clear majority God forbid, we are in for more turbulence as Shai said
12:19 Govind : VIx just shot up 1 point in the last 30 secs
12:20 Uttam : BNF has that weekly FA at 29198 and high so far 29191
12:20 Uttam : acceptance above that FA means more upside
12:21 Shubro : anyone short BNF ? 🙂
12:21 HPandey : mayhem uttam …(12:19) Uttam : and if there is not clear majority God forbid, we are in for more turbulence as Shai said
12:21 Shai : has to break 29100 again for me tp consider a short in BNF
12:21 Govind : Should I be Shubro? Waiting for 28970
12:22 Hiren : shall we hold short NF?
12:22 Shubro : GOvind trading thiis need losing power Goving
12:22 Shubro : Govind*
12:22 Shubro : dont want to lose stay put
12:22 Govind : I am all out
12:22 Shai : NF short we are holding
12:22 Hiren : ok shai
12:22 Shubro : yes holding NF short
12:23 Govind : except for YESB short
12:23 Shubro : question is will the market follow probabilities today or be irrational
12:23 Shai : just noting that move down is smooth but the rush up is in upmoves
12:23 Govind : It’ll probably be irrational
12:23 Shai : is geenreally the other way around
12:24 Shai : either a nervous market or prop desks propping it
12:24 Shubro : hmm interesting
12:24 Govind : Yeah interesting
12:24 Shubro : Shai would it be because props are positioning themselves with large qty’s? at various levesl?
12:25 Shai : could be
12:25 Shai : BNF is thinned out in OI – easier to move it
12:25 Shubro : yeah
12:25 Shubro : after yest exits
12:25 Shai : can’t see big vols in options also
12:26 Shubro : wht about cash?
12:27 Shubro : Shai what usually happens to INR during elections? Similar vols?
12:27 Shubro : volatility i.e.
12:27 Shubro : BNF hardly moving
12:28 Shubro : Jit any views?
12:28 Shubro : ya popocorn chalu?
12:29 Shai : INR is mostly institutions
12:30 Shai : is shaling off some weakness but not staying abv 70..44
12:30 Shai : shaking*
12:31 Shai : expect lower levels in NF and BNF is usdint stays clibing abv 70,50
12:31 Shai : 70.2 now
12:32 Uttam : it is closing the gap for now USDINR
12:32 Shai : Make exits in the NF shorts at 11355 cmp
12:33 Ravikiran : hmmmm 🙁
12:33 Shai : BNF is stronger now’
12:33 Shai : is not letting this drop
12:34 Uttam : USDINR allso starting a new leg down now
12:39 Shubro : what crazy premiums sheesh
12:43 Hari : bn vols still 13l only
12:43 Hari : on the edge
12:44 Ravikiran : good going….
12:44 Ravikiran : shubro
12:44 Ravikiran : any ideas on buying reliance
12:45 Ravikiran : ???
12:45 Ravikiran : bought @1272
12:45 Shubro : greens NF
12:45 Jitender : bn shrt at 230 …..
12:45 Anubhav : 27250LAST HOPE IN BNF
12:46 Ravikiran : i am very confident on nifty,,,,it will still rally up
12:46 Ravikiran : uttam?
12:46 Uttam : (10:40) Uttam : 11421 can come today in NF(10:41) Uttam : 11280-270 invalidation Next leg up in NF now or post 1:30
12:47 Boppanna : BNF OTF since D
12:47 Uttam : both had A period singles today guys which means initiative players were in
12:47 Uttam : they defended the morning tail and then driving the auction higher
12:48 Anubhav : still can test wvap once?
12:48 Uttam : yes VWAP is the key now
12:48 Uttam : and almost aligning with IBH
12:48 Uttam : so that needs to hold
12:48 Uttam : profile wise NF looks like one tag to 11320 can come
12:49 Anubhav : thnx
12:49 Uttam : BNF has a clean ext handle so far at 29105
12:49 Uttam : stayig above 29200 can go for that vpoc of 29280
12:50 Hari : Uttam, these were on thin vols
12:50 Anubhav : nifty buyers at tope seems wll get stuck
12:50 Anubhav : 12.45 candle
12:50 Uttam : Hari even in these thin volumes the responsive sellers are not able to move proce lower
12:51 Shai : PLR* up
12:51 Shai : Not wanting to fight this
12:51 Ravikiran : plr?
12:51 Shai : vwap / dpoc wiyj buyers also
12:51 Uttam : Path of Least Resistance
12:51 Ravikiran : hmmmm ok ok
12:51 Uttam : we use this term almost daily Ravi
12:52 Ravikiran : one more jump in bkn
12:52 Uttam : (12:49) Uttam : stayig above 29200 can go for that vpoc of 29280
12:52 Uttam : 29295 here
12:52 Hari : Uttam rocks
12:52 Uttam : _/\_
12:52 Boppanna : +!
12:53 Jitender : +1
12:53 Devendra : +1
12:53 Uttam : 30k red here in BNF
12:53 Jitender : cash buyn in bnf stocks happening ?
12:54 Uttam : NF those greens at top are shorts exiting
12:54 Uttam : as day’s COT from -2L now at -1.7L
12:54 Anubhav : ok
12:54 Hari : Jit, you want the 30mins OF next to 5 mins still?
12:55 Uttam : 18k green at top in BNF
12:55 Manish : uttam, where do you see daily COT number ?
12:55 Jitender : ys Hari
12:55 Uttam : @Manish GoToMeeting link
12:55 Jitender : last chart with high vx wud b tough 2 use
12:56 Jitender : u can interchange mp with 30min if u wanna
12:56 Manish : uttam, ok. and 5 min or 30 min COT ?
12:56 Uttam : GoTo has only 30mins
12:56 Hari : ok Jit, that will be good
12:56 Uttam : the OF charts together look confusing Hari?
12:57 MJ : Yes Shai/jit if we can get it back to replace with mp or 30 min
12:57 MJ : would be really helpful.
12:57 Hari : No uttam, mine is not a big screen, so have to scroll back frequently, so I leave the decision to the team whichever suits best
12:57 Uttam : let the MB chart remain where it is you mean Jit / Hari & interchange the MP & 30min?
12:59 MJ : Very rarely I have the access to big wide screen. MB chart on extreme takes too much effort to scroll back to 30 or 5 min chart.
12:59 Uttam : lol what did you do to the MP chart Mihir
12:59 MJ : Abra ka dabra 😛
12:59 Shubro : soomeone stole the licence
12:59 Uttam : so much love for MB that you made the MP disappear
12:59 MJ : i just came uttam 🙂
12:59 Shubro : watching MP porn?
13:00 Uttam : aur aate hi apna magic shuru kar diya
13:00 MJ : shubro was neck deep in stocks 🙂
13:00 MJ : manage karte hue bahar nikla hu.
13:00 MJ : Lol uttam 🙂
13:00 Uttam : now you onto the GoTo link I guess
13:00 Uttam : all the numbers table gone from there ;-p
13:01 Jitender : out after btakn brok etc (12:45) Jitender : bn shrt at 230 …..
13:01 Shubro : whats going on with charts? things dissapeearing
13:01 Jitender : takn
13:01 Shubro : same jit
13:01 MJ : +1 jit nice trade.
13:01 Uttam : 30k red & 18k green at top in BNF Jit
13:01 MJ : was shorts in nf.
13:01 Govind : Reliance just fell 20 points
13:01 Hari : Jit, dont have words to say abt your trade. You are a real trader
13:02 Shubro : yes he is i need his pic to post above my desk
13:02 Govind : but recovering
13:02 MJ : Shubro slack par hai. His photo.
13:02 Shubro : aisa kya
13:02 MJ : All VT ninja’s
13:02 Ashutosh : boom boom
13:02 Hari : NF did not make fresh high when BN was going up
13:03 Uttam : yes Hari NF has got stuk at that 1.5 IB level
13:03 Shubro : that 120K guy didnt exit right?
13:03 Jitender : tx bro…but cud have waited 5 more min & DT wud have been done (13:01) Hari : Jit, dont have words to say abt your trade. You are a real trader
13:03 Jitender : theese damn premiumns making me go lite
13:03 Uttam : (12:48) Uttam : profile wise NF looks like one tag to 11320 can come
13:03 Uttam : 11326 so far
13:03 MJ : I couldn’t not short seeing 11369 Uttam 🙂
13:04 Uttam : 🙂
13:04 MJ : my baby bot too shouted an alert.
13:05 Uttam : bina shaadi ke babies not good Mihir 😉
13:05 Azmath : MJ u too have built baby quant systems kya bhai now
13:05 Jitender : Uttam ..the question can also be…whoose babies 🙂
13:05 Uttam : lol yes Jit wohi to
13:06 Jitender : 🙂
13:06 Uttam : ya isme bhi magic 😉
13:06 Azmath : 🙂
13:06 Uttam : 11300ce was 252 when NF was at 11355
13:06 MJ : haha bas uttam DT done for leg pulling? 🙂
13:06 Shubro : Jit bacche ki jaan mat lo
13:07 Ashutosh : lol modiji premium
13:07 Uttam : and now 251 when NF has falled by 20 points
13:07 Shubro : Uttam the charts with MP gone or i need to refresh?
13:07 Uttam : Hari & Jit & Mihir together made them disappear
13:07 MJ : AZ: just basic alerts with vols on tha 6/20 at any mp ref ref levels.
13:07 MJ : work in progress hai.
13:08 Azmath : ok Bhai
13:08 Shubro : damn man charts go out my BP goes up
13:09 Uttam : lol Shubro dont worry we have nothing to do with zerodha here
13:09 Shubro : Jit that short neutralized my losses earlier today many thanks!
13:09 Shubro : please guide today if you are taking trades as well. You , Shai and Uttam babaji’s this and next week
13:10 Uttam : NF dip to VWAP & IBH done?
13:10 Uttam : why you making me baba man Shubro 😉
13:10 Shubro : Uttam i am quite sure Zerodha wont work next week esp on 23rd
13:11 Shubro : Daddies of the room man
13:11 Uttam : they should take the next week off so that retail are saved
13:11 MJ : Shubro WA dekhna aaram se.
13:11 Shubro : WA?
13:11 Shubro : oh that
13:14 Ashutosh : price is not moving or charts are not updating ?
13:15 Uttam : 12:46 Next leg up in NF now or post 1:30
13:15 Shubro : YAY back !
13:15 Hari : I starts
13:15 Shubro : haan Uttam you were saying…abhi phod dene ka hai upside
13:16 MJ : Uttam another day of vwap planning to go above ibh
13:19 Uttam : we have poor highs in NF and singles at lows so direction looks up for now
13:26 Shai : Intra – Buy BNF 29200 sl of 29075 tgt 29398.
13:27 Uttam : 1:30 aa gaya 🙂
13:28 Uttam : Spot making new highs first?
13:29 Uttam : Spot new highs in Nifty
13:29 Ashutosh : lol premium is decreasing in fut
13:29 Uttam : BN follows
13:30 Thanika : pink band??
13:30 Uttam : NF boom
13:30 Uttam : 11378
13:30 Uttam : tags that FA
13:31 Uttam : 12:46 Next leg up in NF now or post 1:30…new highs made right at the 1:30 mark 😉
13:32 Shai : BNF book profits at 29276
13:32 Uttam : 98k red in NF at 11372
13:32 Uttam : +1 Shai
13:34 Shubro : profit booking or new shorts 98 k?
13:34 Psandeep : Struggling day. Finally Dt done 1.4 DT after 8 trades in nifty options.
13:35 Uttam : congrats Sandeep 🙂
13:35 Uttam : fresh shorts looks like Shubro
13:35 Psandeep : Imagining how next week will be.
13:36 Psandeep : Cheers Uttam
13:36 Uttam : cheers 🙂
13:37 Ravikiran : how about buying bkn put option
13:37 Ravikiran : now shai
13:37 Ravikiran : ?
13:38 Shubro : 98 inc. to 100
13:38 Shubro : and increasing
13:38 Ravikiran : i just bought one 29200 put @ 700
13:38 Shubro : he must be sweating
13:39 Jitender : congo Sandeep
13:39 Jitender : u beat me 2 it
13:39 Shubro : he must be now taking his shirt off
13:40 Uttam : his SL will be at 11421 Shubro
13:40 Uttam : that is where all his clothes will come off 😉
13:41 Psandeep : No Jits In 7 trade was .9 DT Finally increase qty and last trade gave .5DT.. Not looking to give up so trading less qty . After long time swicthed to nifty intra and finally got little lucky
13:41 Shubro : or he could win ?
13:41 Shubro : and holiday in paris weekend
13:41 Psandeep : *not looking to give up money made this week
13:42 Shai : PLR still up in BNF
13:42 Shubro : after last 3 days template move could be back no?
13:42 Shai : that 29130 is new support now
13:42 Uttam : (10:02) Uttam : we have some initiative buying in NF at open so till A period singles stay shorts need to be careful…this small nuance early in the day helped
13:42 Shai : if looking for downsides has to break 29130
13:42 Shubro : yes Uttam lesson learnt very well there
13:42 Shai : else this will be 29400 by close
13:43 Shubro : Shai BNF rentry?
13:43 Shai : Intra – Buy BNF abv 29305 tgt 29400 sl of 29225
13:44 Ravikiran : iimg
13:44 Ravikiran : omg
13:44 Uttam : @Ravi BNF is in its beast mode today
13:44 Shubro : Ravikiran you short?
13:44 Uttam : so be very careful with shorting it
13:45 Deepak : NF futures in discount to spot
13:48 Shai : NF leg up for 11420
13:48 Jitender : DT done 29.1 ce 750-791
13:48 Jitender : phew
13:48 Jitender : 4 trades
13:48 Shai : congrats
13:49 Jitender : tx chief
13:49 Shai : 100 point upmove BNF 🙁
13:49 Jitender : all yr charts
13:49 Psandeep : Congrats Jits, need courage to trade banknifty ce today.
13:49 Jitender : tx man
13:49 Shai : (12:23) Shai : just noting that move down is smooth but the rush up is in upmoves
13:49 Uttam : NF from one FA to the next
13:49 Uttam : 11397
13:49 Jitender : its rising in spurts
13:50 Shai : yes
13:50 Shai : good exit polls
13:50 Shai : more likely
13:50 Uttam : yes Shai
13:50 Shai : should not be saying it though but everything is amanged
13:50 Govind : Rising on hope of NDA being back
13:50 Uttam : seems like it
13:50 Shubro : like China
13:50 Shubro : home team buying up
13:51 Shai : 29225 second supp band abv 29130 F now
13:52 Shai : NF 11330- 11340 stuck selelrs
13:53 Shibu s : someone aiming 3/5 gap by exit poll
13:53 Govind : Shubro, and what sort of an ending will we have today….up and up?
13:54 Shubro : i am seeing NDA from twitter slowing coming to conclusion in power
13:54 Shubro : could be a larger majority than 2014
13:55 Govind : Then what happens, NF/BNF go up by 5 to 10%…what is going to sustain the top…will be a mighty fall from there…weak earnings, bad global cues and all
13:55 Uttam : (12:20) Uttam : BNF has that weekly FA at 29198 and high so far 29191(12:20) Uttam : acceptance above that FA means more upside BNF done 130 points from there & looking good for more
13:55 Shubro : so yes up it could be
13:56 Psandeep : Yes Subhro, no doubt about it. Dont want to polictize but BJP alone can do 300. I am not talking about allies.
13:56 Shubro : they have managed their side of the camapign operatinally very well
13:56 Uttam : (10:40) Uttam : 11421 can come today in NF…31 more points
13:57 Shubro : even if short naveen patnaik and/or telangana could give support
13:57 Ravikiran : ut i bought 29200 put option…..
13:57 Anubhav : yo
13:58 Anubhav : they have enuff money to buy support
13:58 Ravikiran : @700
13:58 Shubro : yes could be one of the most expensive elections ever
13:58 Shubro : these are profit bookings in both?
13:59 Rohit : This time it looks 29200 will give up
13:59 Jitender : tis is were i luv DT…timely exit (13:48) Jitender : DT done 29.1 ce 750-791
13:59 Ashutosh : whats DT?
13:59 Jitender : daily tgt
13:59 Uttam : Its a super concept started by Jit
14:00 Jitender : _/\_
14:00 Ashutosh : can you share it once again 🙂
14:00 Jitender : ping me on dm
14:00 Jitender : slack
14:00 Ashutosh : sure
14:01 Suren : Jit can yu share the DT idea
14:01 Suren : sure
14:02 Psandeep : One change in my trading is because of DT. I used to trade many times even after making good profit. I had no definition of target, jitna milta hain utna uthao and this sometimes result is reduce in early day profits. After adding this concept I am more calm and achieve target with a mindset unlike previously
14:03 Psandeep : And for that all credit goes to Jit. Thanks a tonne, man !!!
14:03 Anubhav : going down now
14:04 Ravikiran : how’s that !!!
14:04 Jitender : wc Psandeep…credit is all 2 Shai..& his culture of sharing
14:04 Ravikiran : will hold on to market close
14:04 Anubhav : vwap coming now?!
14:04 Uttam : keep rocking guys
14:05 Psandeep : Indeed! Thanks to Shai who created this platform and helping everyone.
14:06 Shai : Cheers
14:06 Anubhav : reliance going down now
14:06 Shai : stay light and quick
14:06 Shai : closing hour coming up
14:06 Shai : could be more volatile
14:07 Anubhav : yes big guys will shake things up
14:07 Ravikiran : hmmm ok
14:07 Shai : HH and HL in BNF from D
14:07 Ravikiran : holding holding 1
14:07 Thanika : +1 Thanks, Shai! (14:05) Psandeep : Indeed! Thanks to Shai who created this platform and helping everyone.
14:08 Uttam : (14:05) Psandeep : Indeed! Thanks to Shai who created this platform and helping everyone. +1000
14:08 Shai : 40 point upick
14:09 Suren : Thanks Shai for the wonderful platform to learn from each other
14:09 Uttam : BNF beast mode sideeffects Shai 🙂
14:09 Shai : Cheers Guys. It is actually you guys who make it stronger . So +1 to all of you for sharing
14:10 Ravikiran : sir
14:12 Shubro : Vix at 29
14:14 Anubhav : oops
14:14 Anubhav : 35 was last election high na?
14:14 Shubro : next spurt coming?
14:15 Govind : Yeh Shubro
14:15 Shubro : or puke?
14:15 Azmath : NIFTY K19-NSF Signal Action Alarm! 11369.10 at 14:15:02 Heatseeker- WDPLUS two alert
14:15 Azmath : what is this alert Shai
14:15 Arjun Yadav : ???
14:15 Arjun Yadav : WDPLUS?????
14:16 Shai : it’s an alert for a possible sigma change mode
14:16 AN : put premiums not falling as bnf goes higher
14:16 Shai : which means be ready for voltility
14:16 Shubro : hope its blooding sigma up
14:17 Shai : something gonna give
14:17 Shai : it’s just an alert
14:17 Shai : non – dierctional
14:17 Shubro : oh man the suspense
14:18 Anubhav : hehe
14:18 Shubro : BNF no more WTF please today
14:18 Anubhav : it shud shake the retail longs once
14:18 Shai : Book the BNF trade near cost here. Aggressive traders may hold with same Sl
14:18 Ravikiran : still hold sir
14:18 Ravikiran : ?
14:19 Ravikiran : hmm ok
14:19 Shai : will trade safe
14:19 Shai : don’t want to risk
14:19 Govind : I think I’ll just continue to watch BIllions
14:19 Govind : This volatility is crazy
14:20 Shai : it is
14:20 Shubro : yes better feel rich there
14:20 Govind : yeah guys…
14:21 Uttam : Vix options would be nice to play during these times 😉
14:22 Shubro : either a big guy is waiting to buy or short this out to space
14:22 Jitender : 29.12 vx
14:22 Anubhav : come onreds
14:22 Jitender : 29.21
14:22 Jitender : just jumpd
14:23 Govind : comin down now
14:23 Govind : indices..not Vix
14:23 Anubhav : yes
14:23 Shubro : shakeout move coming it seems
14:23 Anubhav : nice
14:23 Ravikiran : still holding sir
14:24 Ravikiran : 29200 put @700
14:24 Ravikiran : 🙂
14:24 Hari : kind of day where they want to squeze the last bear out there
14:24 Uttam : NF at vwap
14:24 Jitender : (14:22) Jitender : 29.21(14:22) Jitender : just jumpd
14:25 Uttam : loads of reds in it
14:25 Jitender : spx came dwn
14:25 Uttam : but looks like getting stuck?
14:26 Ravikiran : exited
14:26 Ravikiran : now
14:27 Uttam : afternoon pull back low done?
14:31 Shubro : done pullback
14:31 Uttam : K period needs to get above 11380
14:31 Uttam : and it can give a spike close
14:31 Shubro : let the moves begin….
14:34 Hari : Charts moving slowly for anyone?
14:34 Jitender : yup
14:34 Shubro : yes a little bit in spurts
14:35 Shubro : time to tighten seatbelt Uttam?
14:35 Uttam : 10 more mins to go
14:36 Uttam : BNF is a DD but looks like will end with a spike
14:36 Uttam : tails at both ends
14:37 Thanika : what a jump! 🙂
14:37 Uttam : K has to get above J
14:37 Uttam : sorry L has to get above K
14:38 Shai : turned On fast market mode
14:38 Shai : charts shoudl be back to speed
14:38 Uttam : else can close at 11320 NF
14:38 Hari : it is ok Shai, no point trading after 1.30
14:38 Ravikiran : again i bought put option
14:38 Anubhav : haha
14:38 Ravikiran : 29200
14:39 Hari : both should get back to base asap
14:39 Anubhav : dump again
14:39 Ravikiran : 707
14:39 Anubhav : khelo india khelo
14:39 Hari : vwap bands hardly expanded in this rise
14:40 Thanika : NF moved 40 points in one candle! wow
14:41 Ravikiran : still holding
14:41 Anubhav : rs rs rs
14:41 Hari : in NF I mean
14:41 Anubhav : below vwap kya hoga re
14:42 Shai : 11397 F not yet crossed
14:42 Shai : 11397FA**
14:43 Ravikiran : ok
14:43 Anubhav : so hope for bears
14:43 Anubhav : 11405 was a gap also
14:43 Shai : Yes
14:43 Shai : the big guys have sold the bounces
14:43 Shai : we will know only Monday if they are smart 🙂
14:44 Anubhav : hehe
14:44 Anubhav : they hav acesss to exit polls already
14:45 Shubro : sell off coming SHai?
14:47 Anubhav : cot n delta deep red in 30min last bar
14:48 Anubhav : bas vwap tootne ka intezaar
14:48 Shubro : yeah exactly so wondering
14:49 Shai : No I think the positioning is for Monday
14:49 Shai : either case gap is much possible monday open
14:50 Shai : exit poll guys are smart – I thinj they will give every 180 🙂
14:51 Shai : leave it hanging till 23rd
14:51 Hari : Shai, the sell volume is high?
14:51 Shai : No politcial agendas here , just a neutal view
14:51 Ravikiran : shai what is the view on bkn….i am holding position
14:52 Anubhav : hmmm
14:52 Shai : BNF poised up abv 29100 for now
14:53 Shubro : bring it vwap and close for onday action
14:53 Ravikiran : no…i mean
14:53 Ravikiran : can we c&f position
14:53 Ravikiran : for monday
14:54 Ravikiran : since 707 pe option i am waiting sir
14:54 Ravikiran : 29300
14:54 Ravikiran : now it is 757
14:54 Shai : The expected daily move was to 29400 we got 29376
14:54 Shai : but is positive abv 29100 for Monday also
14:54 Shai : there is a FA at 29420
14:54 Ravikiran : thank god
14:54 Shai : abv that straight up to 29800
14:55 Ravikiran : it is coming down
14:55 Shai : RR is not good for a long carry here though BNF is baised up
14:56 Shai : If you see this open abv 29450 anytime MOnday buy a 30000 call immediately
14:56 Shai : there will be a very fast 500 point jump
14:56 Shubro : elevatior going up
14:57 Ravikiran : omg
14:58 Shubro : boom
14:59 Ravikiran : hehehhe
14:59 Boppanna : They heard you 14:54 Shai : The expected daily move was to 29400 we got 29376
14:59 Shubro : spike LEE
14:59 Uttam : 11421 here in NF
14:59 Shubro : bruce lee move
15:00 Uttam : BNF beast mode
15:00 Govind : 29450 here
15:03 Shubro : 5 DT done
15:03 Anubhav : wow
15:04 Shubro : done dana dan
15:04 Uttam : wow Shubro super
15:04 Govind : Wow Shubro
15:04 Uttam : congrats
15:04 Thanika : super!
15:04 Govind : Congrats
15:04 Shubro : many thanks guys was down 2 DT
15:05 Govind : I am still down 1 DT
15:05 Uttam : nice excellent comeback Shubro
15:05 Ravikiran : uttam what is the yellow lines
15:05 Ravikiran : at the bottom
15:05 Ravikiran : ?
15:05 Ravikiran : 29300
15:05 Ravikiran : and 28236
15:05 Uttam : did only one small trade today bought 11300ce at 249 & holding it
15:05 Ravikiran : 29256
15:06 Hari : Shai, ignore the COT for the day?
15:06 Shubro : 11400 CE long since 10
15:06 Anubhav : wah wah
15:07 Anubhav : high conviction pays
15:07 Shai : can- (15:06) Hari : Shai, ignore the COT for the day?
15:07 Shubro : and luck
15:07 Shubro : and this room
15:07 Shubro : i can timagine doing this without this room
15:08 Shubro : last year when i started i was losing almost 60K a month after making say 1.5 lacs
15:08 MJ null : Cheers S
15:08 Shubro : charts go down i get bp
15:08 Anubhav : +++1000
15:09 Shubro : providence…no one told me about VT, i just searched and rsearched methods and systems ….this is the only thing that has worked for me so far
15:09 MJ null : Glad to be in this room.
15:10 Shai : Cheers Shubro
15:10 MJ null : Shubro staying in the bank helped Haan 😉
15:10 Shubro : and honestly Shai i am able to pay my bills because of this …so thank you
15:10 Shai : +1
15:10 Shubro : told ya mate stay there dont leave
15:10 Anubhav : yes it takes time
15:10 Devendra : +1
15:10 Anubhav : its lways easy to give up
15:10 Uttam : nice Shubro +100 keep growing man
15:11 Shubro : never give up …esp trading…ask why u went wrong what behavioral mistakes u are making…its 50% psychology
15:11 Thanika : +100 Shubro
15:11 Shubro : my mistakes were mostly mental
15:11 Shubro : plus fxing trade entries
15:12 Shubro : thanks guys TGIF
15:12 Govind : Good things to hear Shubro
15:12 HPandey : shubro now since u earned u have to extra carefull (15:11) Shubro : never give up …esp trading…ask why u went wrong what behavioral mistakes u are making…its 50% psychology
15:12 Uttam : we are closing in a weekly spike here in both
15:12 Govind : How long have you been trading?
15:12 Shubro : yes spike rules next week
15:13 Shubro : Govind trading like an ass about 8 months straight
15:13 Shubro : VT about 6 months now i think
15:13 Shubro : so a year above slightly
15:13 Shai : a fun poll up on Monday open. Please Vote
15:13 Shubro : yes voted Shai haha
15:14 MJ null : Chief put the result once voting done 🙂
15:14 Ashutosh : done
15:14 Govind : Done voting
15:14 Uttam : done
15:14 Suren : done
15:14 Uttam : give BNF also Shai 😉
15:14 MJ null : 30k open?
15:15 Shubro : this setup for monday eerily reminds of a similar one i had i seen some time ago Shai
15:15 Shubro : sometime last year i think
15:15 Shubro : anyways exit polls beckons my bet is on NDA blowing this out of the water
15:16 Shubro : no bias but big believer in organized systems
15:16 Uttam : 11300pe writers being forced to cover
15:16 Jitender : bnf 900 up from yday
15:16 Shubro : yeah saala animal
15:16 Uttam : 220-230 supply in that PE & zone to watch next week
15:17 Uttam : yes Jit BNF ke andar ka beast jaag gaya
15:17 Shai : results visible in poll?
15:17 Shubro : nope
15:17 Shubro : where u posting them?
15:18 Shubro : if they wre prop guys they were doing it in spurts and wiated till end for one last one
15:18 Jitender : cash buyn
15:18 Manish : Uttam : 11300pe writers being forced to cover; uttam, you mean 11300ce ??
15:18 Shubro : CE
15:19 Shai : https://vtrender.slack.com/archives/C0F31QRN3/p1558086611070400
15:20 Uttam : actually OI in both has come down
15:20 Govind : Alright, I picked option 2….and pretty sure the answer will be different
15:20 Shai : bullish open poll result 🙂 https://vtrender.slack.com/archives/C0F31QRN3/p1558086611070400
15:20 MJ null : Shai Alerto kidhar vote k8a
15:20 Shubro : i have a very small deep OTM short strangle – very small in BNF
15:20 MJ null : kia?
15:20 Shubro : for 23rd
15:20 Uttam : Trend Day in both Shai?
15:20 Manish : what is the sample size 🙂
15:21 Shubro : hah Govind same same
15:21 Shubro : BNF still wants to go higher
15:22 Shubro : rakshas
15:22 Thanika : short covering in BNF?
15:22 Shubro : BNF if goes up another 2-3K points
15:22 Shubro : election madi
15:23 Shai : BNF big pos
15:23 Shai : headed to 29800
15:23 HPandey : shai we are closing abv 29450
15:23 Uttam : exit poll results out already looks like before last phase of voting ends
15:23 Shai : cot is positive in both this last 45 mins
15:24 Govind : and they did not een consideer the last 70 odd seats to be polled yet…that’s messed up Uttam 🙂
15:24 Shai : yes on track 29956- (15:23) HPandey : shai we are closing abv 29450
15:24 Uttam : e) If 29377 is taken out, BNF can attempt to take out 29419-445 & 29550-590
15:24 MJ null : Shai 30k ce for me out of profit money
15:24 Uttam : BNF high 29550
15:25 Shubro : o kguys see you monday checking out thanks for eveything!
15:25 HPandey : shai have a look at 30k CE BNF
15:25 HPandey : nything big?
15:25 Govind : Anybody taking longs home? :))
15:26 Govind : Shubro, bye. May be today is the pump and Monday is the dump
15:26 Uttam : third consecutive day of 3IB
15:26 Jitender : MJ u had said u were gunning fr 10.6 day before yday…how r u managing tat……
15:26 Jitender : or have u exited with loss
15:27 Uttam : BNF does not want the market to close 😉
15:27 Jitender : yh
15:27 Govind : Did a neat 100 pints in BNF from 29450
15:27 Uttam : just like you Jit 🙂
15:27 Govind : points*
15:27 Shai : consistent – (15:25) HPandey : shai have a look at 30k CE BNF
15:27 Govind : and OUT
15:27 Jitender : Uttam 🙂
15:27 Shai : nithing out of the world
15:27 Uttam : (15:24) Uttam : e) If 29377 is taken out, BNF can attempt to take out 29419-445 & 29550-590
15:27 HPandey : ok thanks shai
15:27 Ashutosh : BANKNIFTY K19-NSF Signal Action Alarm! 29543.50 at 15:26:56 3IB H Hit today. Watch the IBH tom for a counter trend short
15:27 Uttam : 29586.6
15:28 Anubhav : insiders buying
15:28 Jitender : outsiders
15:28 Ashutosh : lol
15:28 Jitender : insider did it yday
15:28 HPandey : lol jit
15:28 Shai : what’s the guy Jit?
15:28 Shai : gut**
15:28 MJ null : Jit I had asked for exit levels on larger tf. June pf hedges.
15:28 Uttam : Jit thay Anuj was bullish at open today?
15:28 Jitender : exit poll for BJP
15:28 Jitender : Shai
15:29 Shai : hmm 🙂
15:29 Shai : thanks
15:29 Shai : Bye all
15:29 Jitender : just drop vix on Monday n it will be sheer fun
15:29 Jitender : bye all
15:29 Shai : Enjoy the evening and the weekend
15:29 Thanika : byeeee all !!
15:29 MJ null : Shai mentioned a number just followed it.
15:29 Shai : catch up Monday
15:29 Ashutosh : bye all
15:29 Uttam : thanks All 🙂 have a lovely weekend & lets get ready for one big week coming ahead
15:29 Manish : bye all
15:29 Himanshu : bye all
15:29 Govind : Bye guys
15:30 Amit : bye all
15:30 Uttam : BNF hgih 29590 to the dot 🙂
15:30 Uttam : even yesterday high was exact 29050
15:31 Anubhav : bye
15:36 Shibu s : where will be nifty on 22/5 …I think @ 12000
15:45 Deepak : byee


11:00 Govind : Shai, ID levels to watch out for Dr. Reddy’s please? Results today.
11:12 Shai : weak below 2799 for 2753 and 2735
11:12 Shai : sell signa l is 2735 breaks for 2651
11:12 Govind : Thanks

Order Flow charts dated 17th May