Month: June 2019

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

09:43 Shai : (09:43) Shai : Intra – Buy 30600 pe at 245 sl of 165 tgt 390.

09:54 Shai : (09:54) Shai : Reduce 50%25 of the BN 30600 pe near 270 . Ride some at 240 cost

10:18 Shai : (10:18) Shai : Book out the 30600 pe at 250 cmp

12:54 Shai : Intra – short BNF 30645- 650 sl of 30741 tgt 30533

13:55 Shai : (13:55) Shai : BNF 30570 . Book fully near tgt

15:16 Shai : (15:15) Shai : BTST – Buy 11700 call at 109 and sell 11800 call at 53 for a net of 55-56 sl of 17 tgt 87.


08:58 Krishan : gm
09:02 Shai : GM all
09:04 Vishal : Good Morning
09:05 Shubro : GM all
09:06 Uttam : Good Morning All 🙂
09:07 Kiran : Good Morning
09:08 Yogesh : GM….ALL
09:09 Sujeet : GM All..
09:09 Shai : https://vtrender.in/market-profile-analysis-dated-20th-june/
09:09 Amjad : gm all
09:15 Shai : BNF weak start
09:15 Shai : 30550 possible on this open
09:15 Shai : has the weaker COT
09:16 Uttam : dPOC had shifted to highs at close in BNF at 30770 so those sellers pushing this down Shai?
09:16 Anubhav null : nice open
09:16 Uttam : NF testing that ext handle of 11807
09:17 Govind : Yes Uttam
09:18 Rushabh : 11810 did break shai
09:18 Shai : yes 30740- 775 supply band
09:20 Anubhav null : safe long entry
09:20 Anubhav null : breakout level retest
09:21 Uttam : nice greens in NF
09:21 Uttam : 55k COT on this 5min bar
09:22 Anubhav null : now we can goto 11915
09:22 Anubhav null : 31000 bnf
09:22 Uttam : BNF also shwoing some demand at lows
09:28 Govind : HDFC twins are slowing things down
09:29 Sujeet : Why COT in both BN and Nifty in contra mode? Any clues from here?
09:29 Narendra : Crude is heading higher again and global markets are down …… better to wait and watch for sometime
09:30 Uttam : yep OAIR and low vol start & we had a trend day yesterday so calls for some consolidation
09:32 Narendra : may be a consolidation day
09:33 Shai : yes gone 2 way
09:35 Narendra : 2DT done in Indiabulls ….. now I will wait for indices to give clear signal on either side (in short Shai’s call) ….. till then no more trade
09:37 Uttam : nice Narendra 🙂 congrats
09:37 Narendra : Thanks Uttam.
09:39 Govind : Congrats Naren!
09:39 Narendra : Thanks
09:39 Anubhav null : its a sell if spke lows break uttam?
09:40 Uttam : was trend day yesterday Anubhav so not taking it as a spike
09:40 Uttam : yesterdays POC & VWAP imp levels on watch
09:40 Uttam : and 11778 which is the comp VAH
09:40 Narendra : look at Jet ….. all those bought the last minute spike yesterday are stuck very badly ….. though it is out of F&O ban the cash is stuck at lower circuit
09:41 Rushabh : poc is 11760 right?
09:42 Uttam : yep
09:43 Rushabh : uttam on trend days vah and val dont matter right or am i wrong?
09:43 Narendra : @ Shai Sir ….. Any significant upside only if NF sustains above 11823?
09:43 Shai : Intra – Buy 30600 pe at 245 sl of 165 tgt 390.
09:44 Jay N : 30600 pe cmp 346
09:45 Jay N : sorry
09:45 Jay N : i got 4th july one
09:46 Jitender : so DII figures cnfrmed wat i have been sayn since wed…tat ……
09:47 Jitender : dii hv started palyn expiry
09:48 Boppanna : +1
09:49 Shai : (09:15) Shai : BNF weak start(09:15) Shai : 30550 possible on this open(09:15) Shai : has the weaker COT
09:49 Shai : stopped here at supply- (09:18) Shai : yes 30740- 775 supply band
09:50 Narendra : got out 50% 30600PE at 272 ….. will hold the rest with SL at cost
09:51 Narendra : bought at 243
09:52 Jitender : +1
09:54 Shai : Reduce 50% of the BN 30600 pe near 270 . Ride some at 240 cost
09:55 Uttam : 30600ce bring written
09:57 Narendra : I think BN(Spot) will take some time to break that 580-600 zone ….. it won’t be a smooth fall til it breaks this zone with volumes ….. am I right Shai?
09:57 Uttam : d) Below 11820, lower levels of 11800-792 & 11778 could be tagged…low in NF so far 11792
09:58 Uttam : b) Staying below 30765, the auction can test 30726-698 / 30614 & 30562-548….30548 imp level in BNF to hold
09:58 Shai : 30655- 30672 new supply band now in BNF
09:58 Shai : planning to holdthe pe as long as it is below it
09:58 Uttam : 11820 in NF now supply Shai?
09:59 Shai : the put is not behaving as well
09:59 MJ : 11790 23rd composite VAL too Uttam
10:00 Shai : plan is to get the F to 30400F
10:00 Uttam : that is for May NF or Jun NF Mihir?
10:01 MJ : Mplite reference.
10:01 Uttam : so better to take ref after new series starts as it will give mixed levels then
10:02 Uttam : just like that May OF chart you had posted on slack which was May OF so we cannot take that ref while trading June NF
10:02 Uttam : for this Spot helps with the levels
10:02 MJ : 11754 spot levels.
10:02 MJ : VAL.
10:02 Uttam : yep that would be a good ref
10:02 MJ : Point noted sire,
10:03 Uttam : _/\_
10:04 Uttam : NF COT in plus but price going lower – reverse of what was happenign yesterday?
10:05 Uttam : we had initiative seller today in both
10:05 Uttam : so till 11820 & 30650 not taken out PLR down
10:08 Anubhav null : green
10:10 Anubhav null : abovwap it will go boom
10:12 Uttam : looks like both 11800ce&pe being written
10:13 Anubhav null : i sold 11600 pe today uttam
10:13 Narendra : if you play with proper technical levels keeping in mind your RR then Indiabulls is a traders delight these days ….. 4DT done ….. now will keep on sideline till 2pm.
10:13 Anubhav null : composite support
10:14 Narendra : +1DT in that 30600PE
10:17 Boppanna : Shai any importance to previous day trend day vwap test being tested within IB next day ..though holding it so far
10:17 Boppanna : BNF
10:18 Shai : Book out the 30600 pe at 250 cmp
10:20 Anubhav null : go bulls
10:21 MJ : Shai rotations looks like?
10:25 Anubhav null : oair
10:33 Anubhav null : oops
10:34 Anubhav null : going towards yest vwap now to test demand
10:35 Shai : yes 200 pointer – (10:21) MJ : Shai rotations looks like?
10:35 Shai : stop ha sto be inder to hold this till 3 pm
10:35 Shai : wider**
10:36 Dhaval : what is rotation?
10:36 Rushabh : in a range dhaval and rotate between them
10:37 Dhaval : ok thanks
10:38 Shai : yes lack of a big directional push becuase of which the market rotates in a range
10:38 Shai : we saw it in April, now again in June
10:38 Shai : Though I think this one should resolve next week
10:38 MJ : Thanks shai.
10:39 Rushabh : shai can we hit 11920? tha vpoc?
10:39 Rushabh : did hit it overnight
10:39 Shai : slightly weak below 11820
10:39 Rushabh : okay
10:39 Shai : for some reason all the longs from 11660 F booke dout yesterday
10:39 Shai : so needs new demand
10:42 Narendra : (09:43) Narendra : @ Shai Sir ….. Any significant upside only if NF sustains above 11823?
10:44 Sujeet : So by rotation you mean 11600-11800 range still in play?
10:46 Jitender : can we reverse almost most of yday gains ?
10:46 Narendra : fresh sellers coming in?
10:47 HPandey : 85k sl?
10:47 Himanshu : relaince broke fforst hour low
10:48 Anubhav null : tested
10:48 Anubhav null : yvwap
10:48 Anubhav null : need rb here else game over
10:56 Himanshu : 35-45 Rs discount in BNF F premium
10:56 Himanshu : is it anamoly
10:58 Anubhav null : push bulls
10:59 Shai : 85 is a nice RB at lows
11:00 Chirag : Is there a chance that today could be a trend day down?
11:00 HPandey : cool (10:59) Shai : 85 is a nice RB at lows
11:01 Shai : E is the confirmation for trend day
11:01 Shai : 11760 still doable despiet that RB
11:03 Dhaval : downtrend? 11:01 Shai : E is the confirmation for trend day
11:03 MJ : Shai rolls have started?
11:07 Aman : “shai,how to find difference between sl orders or RB?
11:11 Boppanna : 30700ce needs a push above 232 for more
11:14 Boppanna : Uttam how would you read that 11:00-05 candle fresh reds at the wrong place in NF ?
11:17 Uttam : Market looking weak
11:18 Uttam : @Bops NF candle you talking about?
11:18 Boppanna : yes Nf
11:18 Uttam : they could be initiative sellers and NF still not able to sustain above that bar highs
11:18 Uttam : see that 10k green at top in next bar
11:18 Uttam : supply coming there too
11:19 Boppanna : thx
11:19 Uttam : right at IBL
11:19 Uttam : sustaining above IBL then that guy would be under pressure
11:20 MJ : Can they be rolls uttam?
11:23 Narendra : most of the sectoral indices in the RED
11:24 Uttam : If Spot stays below 11770 good chance of closing at 11710 today
11:25 Uttam : in NF sustaining below 11778 can bring 11724
11:26 Jitender : *11824
11:26 Jitender : aah..sry…its below 🙂
11:26 Uttam : 🙂
11:27 Uttam : VWAP is the decided now, A period singles we have in both & OTF down since open
11:28 Uttam : though BNF has given a PBH at 30668 which was morning IS on 30mins
11:30 Uttam : 20k greens in NF
11:31 Uttam : weak shorts being taken out?
11:32 Anubhav null : hmm
11:33 Anubhav null : waiting for vwap cross
11:34 Anubhav null : to buy calls
11:35 Uttam : PLR down Anubhav since open
11:36 Uttam : break of 11760 will be signal of a trend day down today
11:37 Himanshu : I saw PNF chart – 15 Mts of BNF F – Ledge started at 3.15 in terms of Price Action
11:38 Himanshu : yesterday – which continued today …
11:39 Uttam : Himanshu dPOC shifting higher in BNF was the key as that indicated sellers had come in plus BNF did not make new highs in the M period
11:39 Uttam : this morning we moved away from that HVN of 30770 and probing lower with new supply now at 30675
11:40 Uttam : 11800ce OI addition more than pe now
11:40 Uttam : if the PE OI starts to drop then can indicate a swift move down
11:41 Himanshu : +100 Uttam Observation
11:41 Himanshu : Am always scared for shorting
11:42 Shai : RB is responsive buying – (11:07) Aman : “shai,how to find difference between sl orders or RB?
11:44 Uttam : @Shai 11800 combo can be a good bet to carry if we end in this range today as next week could give a trending expiry?
11:44 Uttam : that straddle not showing any signs of falling today inspite of the narrow range we have, around 158 now
11:48 Anubhav null : another attempt
11:49 Anubhav null : ab ki baar?!
11:50 Narendra : even global markets are not supporting today ….. most of them are in the RED
11:51 Anubhav null : gst meet today
11:51 Anubhav null : rTe cuts maybe
11:51 Narendra : in market hours?
11:52 Anubhav null : check cnbc exact time dunno
11:52 Narendra : ok ….. will check that
11:52 Sujeet : Rates cuts on autos expected. 28% to 18%
11:52 Shai : How much is it now?= (11:44) Uttam : @Shai 11800 combo can be a good bet to carry if we end in this range today as next week could give a trending expiry?
11:52 Uttam : 158 as of now
11:55 Uttam : one more thing to note is that Nifty Spot did not make new highs this week yesterday
11:55 Uttam : the Monday OF of 11844 still is this week’s high
11:55 Rushabh : booom
11:56 Uttam : 0s in NF at vwap
11:56 MJ : KISS (10:59) Shai : 85 is a nice RB at lows
11:56 Uttam : yes last 30min bar ended as IB there
11:56 Rushabh : shai cot reverse of yest almost now
11:57 Uttam : 40k green at top of 5min
11:57 Uttam : looks like those reds of Bops 5min bar getting out?
11:57 Rushabh : 75k
11:58 Rushabh : in 5 min
11:58 Boppanna : yep Uttam
11:58 Uttam : trifect above that 40k green
11:58 Anubhav null : yayy
11:58 Uttam : nice Anubhav 🙂
11:58 MJ : Cheers anubhav.
11:58 MJ : first yvwap then vwap 🙂
11:58 Anubhav null : 😀
11:58 Vishal : went long in 31000 CE at 110
11:59 Anubhav null : thanks
11:59 Uttam : BNF has a similar 22k green at 30685
11:59 Uttam : morning supply being taken out?
11:59 Anubhav null : learning from u guys only
11:59 MJ : Good Ol LLT
12:00 Rushabh : charts lagging?
12:01 Amit : 15-20 sec lagging
12:02 Shai : charts are fine
12:02 Shai : check the LTP not the bid-ask quotes
12:02 Shai : we are on LTP here’
12:03 Shai : No way- (12:01) Amit : 15-20 sec lagging
12:04 Uttam : working fine here
12:04 Shai : if esignal gave a 20 second lag, they would be out of business 🙂
12:04 Amit : sir jo bar ban rahi hai thats lagging’
12:04 Amit : 12.05 done
12:04 Amit : and apne chart per new bar ab aayi hai
12:04 Boppanna : charts look fine
12:04 Shai : check your ISP speed Amir
12:04 Himanshu : yes i have now 12.05 bar plotted
12:04 Uttam : try refreshing once Amit
12:05 Amit : amibroker per same time as of NOW
12:05 Amit : tried already
12:05 Uttam : I also have both and same price displaying along with the time
12:05 Boppanna : its mostly broad band issue
12:05 Amit : sir broadband per sabme delay aata
12:06 Uttam : no Omnavia needs good bandwidth
12:06 Shai : 30640 support
12:06 Uttam : can short below it Shai?
12:06 Himanshu : I am using 25 MBPS – Tikona – Broadband with Wired LAN connection
12:06 Shai : can
12:06 Himanshu : to Laptop Amit and – no lag I can say that
12:07 Amit : sir its my first day so learning
12:07 Himanshu : and 16GB ram laptop –
12:07 Amit : shayad abhi aadat nahi hai
12:07 Sujeet : Was yesterday’s profile structure poor?
12:08 Narendra : GST Council meet begins
12:08 Himanshu : It ok for scalping – Intraday – I uggraded all in last 3-5 months –
12:08 Himanshu : Broadband- Laptop Ram – this was in process to
12:08 Himanshu : see Zerodha – issues –
12:10 Himanshu : Now need better Motor function – trying to generate NEW neurons thru Yoga ( haha )
12:10 MJ : Lol himanshu 🙂
12:10 Himanshu : Kya Karein ?
12:11 Himanshu : How long I can blame my hardware and providers for my poor execution
12:11 Jitender : lifelong
12:11 Himanshu : Welcome Jit –
12:12 Himanshu : This is Jit after 3DT – I guess
12:12 Jitender : tx 🙂
12:12 Uttam : Jit is chatting from his Friday Cruise 😉
12:12 Himanshu : Hain ?
12:12 Jitender : haan
12:12 Uttam : every Friday he is off
12:12 Himanshu : Bombay To GOa via Jalesh Cruise
12:13 Jitender : don’t forget to tell tem tat u r on the seat nxt to me Uttam 😉
12:13 Uttam : cos NSE threatened to ban him from trading if he keeps looting them like this & Maruti also filed a case against him now
12:13 Anubhav null : nice
12:13 Anubhav null : lol
12:13 Himanshu : I saw Sebi decsion to review Margin Requirement
12:13 Jitender : yh
12:13 Jitender : tat wud be awesum
12:14 Himanshu : Hope they consider to grow this industry
12:14 Jitender : first take it away..ten gv sum..Indian public will hail sebi
12:14 Jitender : n all r happy
12:14 Himanshu : instead of playing agents of FIIS /DIIS
12:14 Anubhav null : stcg bhi reduce karo
12:14 Jitender : ltcg
12:14 Himanshu : yes
12:15 Narendra : they have just formed a committee …… don’t know how much time they are going to take for final decision
12:15 Himanshu : let see Jai Italy saab
12:15 Himanshu : Full rest mein hain Ya abhi abhi Ungli chalo hain
12:15 Narendra : sooner the better
12:15 Himanshu : Uttam – Chief – 640 –
12:15 Anubhav null : reds r back…below ibl bad news
12:15 Uttam : that huge COT above VWAP could not save both from breaking vwap again
12:15 Anubhav null : for bulls
12:16 Anubhav null : yeah
12:16 Himanshu : Ek jor Ka Jathka
12:16 Himanshu : Govind – Hi
12:16 Uttam : 30641 low so far
12:16 Uttam : (12:06) Shai : 30640 support
12:17 Himanshu : Let me buy one lot here – thats the only way to bring it down
12:17 Jitender : aaah Maruti…chummi
12:17 Himanshu : You know that quot – If you had not bought maruti and invested in Maruti scrip – 1990
12:18 Himanshu : same way if you had sold your maruti and shorted at 10k
12:18 Himanshu : in 2018 –
12:18 Himanshu : You could have got intrest free Maruti with that money
12:19 Uttam : just like someone on twitter posted that he got a house loan from Indiabulls without paying anything & no repayment also (30 L he made it seems in one day)
12:19 Himanshu : Mitesh Patel
12:19 Himanshu : he is from here ( baroda) my village
12:20 Uttam : but I feel these kind statements send wrong signals to new traders, they then want to get rich overnight
12:20 Jitender : hez much better than tat fraudia uncle
12:21 Rushabh : sunder
12:21 Uttam : that guy has lost it long back
12:22 Shai : guys let’s focus
12:22 Rushabh : soory shai
12:22 Shai : no names here- market hours
12:22 Uttam : +1 Shai
12:22 Narendra : +1
12:24 Himanshu : +1
12:24 Himanshu : Srji Sorry
12:25 Narendra : (09:32) Narendra : may be a consolidation day
12:29 MJ : Shai whenever you get time usdinr review please.
12:29 MJ : Thanks.
12:37 Uttam : somes reds at vwap getting stuck in BNF?
12:38 Narendra : can we see bounceback if those morning shorts don’t get any foloow through?
12:38 Uttam : I feel weak shorts been taken out
12:39 Jitender : 65pe 88-160…gaddi bhai
12:39 Jitender : 65ce 117-70
12:41 Uttam : wah wah dono side se 🙂 nice Jit
12:42 Jitender : no dbl meaning 😉
12:42 Jitender : but yes..same direction
12:42 Jitender : dbi effect
12:42 Uttam : milking both the CE & PE nice
12:42 Jitender : tx bro
12:43 Jitender : it will 58—5350 n 5000 below 6350 broadly
12:43 Jitender : will do 5800*
12:43 Jitender : but m just waiting fr a trigger or a flush out 2 go positional
12:43 Uttam : cool will join you from next week in riding Maruti though at my pace only 😉
12:44 Jitender : wud love tat
12:44 Jitender : met a trader since 85, son a quant science grad from US yday
12:45 Jitender : man the way hez milking 11 stocks plus index was inspiring
12:45 Uttam : cool
12:45 Jitender : 15 seats in off fr employees…each runn a diff strategy
12:46 Jitender : hum to saala ek DT mein khush ho jaate hain
12:54 Shai : Intra – short BNF 30645- 650 sl of 30741 tgt 30533
13:07 Uttam : both coiling here
13:07 Uttam : G was an inside bar & now H so far double inside
13:08 Uttam : in BN spot & BNF
13:08 Uttam : NF did made a lower low in G and H now inside
13:08 Shubro : cmon guys lets get a fryyyday
13:09 Shubro : no violence so far
13:10 Uttam : looks like as so many times before ‘I’ needs to take the initiative
13:11 Shai : COt is nothing just random in the 5 mins
13:11 Shai : it has to print a number
13:12 Uttam : volumes also too low in both
13:12 MJ : b to D uttam?
13:12 MJ : profile wise?
13:16 Uttam : can if I takes out A period singles
13:17 Uttam : volumes need to come to give that Friday move if any coming
13:17 Uttam : till then its just ping pong
13:18 Narendra : most of the global markets recovered from lows
13:18 Shubro : twitter rumours of a US strike on Iran
13:19 Narendra : can we expect some bounce if NF holds day low?
13:25 Govind : BNF last 5 min COT largest of the day?
13:29 Anubhav : if it takes day high it can tag 31000
13:31 Shai : massive battle at 720-35
13:31 Shai : pink band cut off that demand from vwap
13:31 MJ : Shai those are 2 12k in bnf?
13:31 Shai : shoudk do 610
13:34 Shai : 11804 new supply can mean a test of that RB also 11771
13:35 Anubhav : hmmm failed again
13:38 Sandy77 : Why is there a pink band when its a green 12k ?
13:44 Shai : that 12k is sl orders
13:44 Shai : BNF we will have to exit if 30745 is crossed
13:45 Shai : shoukd break vwap for a dive down
13:45 Narendra : COT is alowly and Steadily turning positive on bank nifty …. day cot i mean
13:46 Uttam : it has been positvie since open today Narendra
13:46 Narendra : *slowly
13:46 Narendra : but now almost double than waht it was in morning
13:47 Uttam : it was 49K at 12:15 then came down now again back to 60k+
13:47 Narendra : yes
13:48 Shai : yes they are from the 620 zone
13:48 Uttam : last 30min bar has that 21k green stuck which is the difference now
13:49 Shai : the battle is with the previous supply at 30740
13:49 Narendra : ok
13:49 Shai : (09:18) Shai : yes 30740- 775 supply band
13:50 Shai : Normal day rotational profile
13:50 Shai : so am looking for one trip down
13:50 MJ : +1 shai
13:50 Shai : but will exit if 30745 is taken
13:50 MJ : nice rotations since morning 🙂 you affirming increases the pos size 🙂
13:51 Rushabh : shai any comments on the cot? is it the same which we had at 11660
13:51 Shai : yes COT is good so far
13:51 Shai : has to hold till 3 30
13:51 Shai : definite signs of dip buyers
13:51 Shai : we have to see if they carry
13:52 Rushabh : got it
13:52 Rushabh : thanks shai
13:52 Himanshu : Crude Spiked up again
13:53 Anubhav : 4000 paar
13:54 Anubhav : momentum is gud
13:54 Shai : vwap again BNF
13:54 Shai : =gone
13:54 Anubhav : yes
13:55 Anubhav : almost there
13:55 Anubhav : yess
13:55 Shai : BNF 30570 . Book fully near tgt
13:55 Rushabh : buyers
13:56 MJ : Cheers shai.
13:56 Jitender : +1 Shai
13:56 Shai : Thank you dear Process
13:56 Narendra : 30500PE quick trade ….. 186-208 …. booked fully
13:56 MJ : +100
13:56 Boppanna : +1 Shai
13:56 MJ : shai.
13:56 Uttam : 30700pe played from 250 to 300
13:56 Uttam : SL was 222
13:56 Anubhav : gr88
13:56 Uttam : more coming?
13:56 Narendra : Congrats uttam
13:57 Uttam : NF going
13:57 Govind : 30600 220 to 253
13:57 Narendra : that was quick
13:57 Uttam : 1.4L green in NF in this fall
13:57 Shai : wow
13:57 Uttam : PLR was aleays down today
13:57 Shubro : more coming
13:57 Shai : just took out all those buyers when vwap broke
13:57 Uttam : trend day vwap broken in NF
13:58 Shai : (13:45) Shai : shoukd break vwap for a dive down
13:58 Anubhav : weekly vwap at 11740/n poc 11720
13:58 Uttam : +1 Shai
13:59 Uttam : spot going for 11710 test
14:00 MJ : Fast and furious.
14:00 Rushabh : green again?!
14:00 Uttam : A period singles stay & both make RE to the downside
14:01 Shubro : violence is back good trades
14:01 Anubhav : any news?
14:01 Shubro : 11800 jul pe 80 to 113
14:01 Uttam : nice Shubro 🙂
14:01 Narendra : superb
14:02 Shubro : danke!
14:03 MJ : Went right till the ext handle of previous day profile.
14:03 MJ : MP amazes me.
14:03 Uttam : trend day vwap & poc most imp if that gone other references will fall easily
14:04 Uttam : new low coming in NF
14:04 Himanshu : Exited BNF – F was short since mornng
14:04 Shubro : some big greens in NF no?
14:04 Himanshu : with Balls in mouth
14:04 Uttam : super Himanshu 🙂 congrats
14:04 Shubro : take them out now Himanshu
14:04 Jitender : half done (10:46) Jitender : can we reverse almost most of yday gains ?
14:04 Shubro : looks like a reversal to me
14:05 Sujeet : Lambs being feeded for slaughter in COT?
14:05 Himanshu : But conviction of Chief over supply of 740-770 Zone was
14:05 Jitender : time fr cuppa
14:05 Shubro : yes rotate here now for a whle
14:05 Himanshu : YEs covered
14:05 Himanshu : at 530
14:06 Himanshu : Now will drink coffee with Jit –
14:06 MJ : 45
14:06 Shubro : this has taken out half of yest na Jit?
14:06 Uttam : (11:24) Uttam : If Spot stays below 11770 good chance of closing at 11710 today(11:25) Uttam : in NF sustaining below 11778 can bring 11724
14:06 Uttam : NF low so far 11726
14:06 Uttam : spot 11716
14:06 Shubro : we are that at that 11745 again jeeeze
14:07 Himanshu : BNF spot shall break – 550
14:07 Himanshu : with force then 350 is possible
14:08 Shubro : back inside weekly composite Uttam?
14:08 Himanshu : 251 K – Ve cot – NF ?
14:08 Himanshu : in one bar –
14:09 Rushabh : all green cot in 5 min NF
14:09 MJ : that’s delta
14:09 Himanshu : no is net delta –
14:09 Himanshu : ya ya – me novice shorter’s Nervous energy
14:10 Shubro : this is either a reversal or a nasty shakeout move of longs
14:10 Shubro : Shai what say?
14:11 Rushabh : people might have bought today because of fomo
14:11 Rushabh : and puked
14:11 Anubhav : yes
14:11 Anubhav : exactly
14:11 Anubhav : now otf bought
14:11 Anubhav : n will take i tupwards
14:12 Dhaval null : today COT is positive and market down?… yesterday day its reverse… I m confused in COT…
14:13 Uttam : yesterday was a tredn day up and those stuck sellers would be getting a exit today so COT could be ggreen today for that reason
14:13 Krishan : has cot to do anything with rollover?
14:14 Uttam : rollovers will start from next week Krishan
14:14 Krishan : ok
14:15 Shubro : Uttam good observation i think …sellers exits as no strong move up yet
14:16 Shubro : will this dump again?
14:19 Shai : why, it so easy?- (14:12) Dhaval null: today COT is positive and market down?… yesterday day its reverse… I m confused in COT…
14:20 Shai : yesterday they sold all the longs from 11670 F onwards when the normal junta was buying . They turned the tables on them today. Junta is exiting and smart money buying now
14:20 Anubhav : going up 11775
14:20 MJ : shai still intact for 11780- 11800 at close? 45 degree at work?
14:20 Shai : mixed
14:20 Rushabh : shai 11770*?
14:20 Shai : weekly says close at 11725
14:21 MJ : Okay long at extension, will stay on tight tsl.
14:21 MJ : Thanks.
14:21 Uttam : yes weekly bell in the making
14:22 Anubhav : nf bounced right of weekly poc
14:23 Shai : +1
14:23 MJ : yes Anubhav 🙂
14:23 MJ : Someone’s got weekly profile open.
14:23 MJ : Cheers.
14:24 Shai : everything becomes so easy when you start using IB, vwap, poc , value areas in your analysis
14:24 Shai : Now just think- 90% of the people do not know all that, so who has the edge??
14:24 Govind : Yes Shai….spend a lot of time every morning going thru the levels
14:24 Anubhav : all thanks to you shai mj jituttam
14:24 MJ : +100 shai.
14:25 MJ : Govind all that we spoke happened right here. 🙂
14:25 Anubhav : andhere me teer chalane ka koi fayeda nahi
14:25 MJ : Isn’t it amazing.
14:25 Anubhav : lol
14:25 Govind : True MJ
14:26 AmitJ : +1
14:26 Himanshu : go points discount in BNF with spot
14:26 Himanshu : 60 points
14:29 Himanshu : You need Experience ( Anubhav)
14:30 Himanshu : Govind – was on yoga session since morning
14:30 Himanshu : Celebrating Int Yoga Day#
14:30 Anubhav : yes himnashu trying
14:30 Govind : Is it helping Himanshu?
14:31 Himanshu : Me am trying to do Sambhavi – from Isha Kriya App
14:31 Himanshu : of Sadguru
14:31 Govind : Oh Ok. I just stick to cardio etc.
14:31 Himanshu : yes it works fine on the day of – 2DT kind of a day
14:31 Rushabh : anyone has the link for the weekly chart?
14:31 Govind : Haha
14:31 Shubro : hahahhaa Himanshu ROTFL
14:32 Himanshu : Kya karein ?
14:32 Himanshu : We need to digest the Emotional Posion in 4-5 Hours
14:32 Shubro : i just drink beer on a bad DT day man
14:32 Himanshu : maximum – before it starts spilling over to our near ones
14:32 Shubro : helps wipe the memory of loss
14:33 Himanshu : Am in Baroda ..
14:33 Maheshwar : why some values have pink n green bands and some only green n pink numbers
14:33 Himanshu : here we get Gomutra Ark of Patanjali#
14:33 Shubro : aiyooo ok meditation better
14:33 Govind : Shubro, 45 degree trade in BNF?
14:33 Shubro : when the going gets tough…
14:33 Himanshu : If ever – they decide in future
14:33 Shubro : brew your own
14:34 Himanshu : we will get – Somras from Patanjali in Guj
14:34 MJ : Shubro wheat farm is on for your beer btw 🙂
14:34 Shubro : aweosme
14:34 Shubro : Jit and Shai chief guest at opening
14:35 Govind : I will bring some rice based alcohol…
14:35 Shubro : toddy
14:35 Himanshu : Bhai log – Rualo he kya
14:35 Govind : haha…that’s palmyra dude
14:35 Himanshu : I am surviving on Humor – Slapstick and on self
14:35 Shai : COT- https://vtrender.slack.com/archives/C0F2X2TFW/p1561107991016000
14:35 Shubro : best medicine
14:37 Govind : 45 degree trade done in BNF
14:37 Himanshu : Pls 45 degree trade – means from low
14:37 MJ : Cheers govind 🙂
14:38 Govind : Yes, from 30535 to 30615
14:38 Himanshu : Pls explain me logic of this a bit
14:38 Himanshu : on DLO post -2
14:39 Govind : First time doing it, so was very nervous. But the whole alcohol talk loosened me up
14:39 Himanshu : or based on COT – Timing or
14:39 Shubro : NF pullback sell?
14:39 MJ : https://twitter.com/daltontrading/status/1010140209701244930?lang=en
14:39 MJ : @himanshu.
14:39 Himanshu : ok – so pls throw some light on
14:39 Himanshu : Ok MJ thks
14:40 Yogesh : (14:31) Himanshu : Me am trying to do Sambhavi – from Isha Kriya App……I hv also done Shambhvi, suryakriya and Booth Shuddhi.
14:40 MJ : One of the MP setups.
14:40 Govind : There you go Himanshu. Done only on Normal days.
14:40 Maheshwar : shai why some values have pink n green bands and some only green n pink numbers
14:41 Anubhav : can we still get a lower spike close uttam?
14:43 Anubhav : or done for the day?
14:45 Anubhav : iran war news over the weekend ?!
14:45 Himanshu : MJ – This link is University by itsel
14:45 Himanshu : You gave me weekend home work Thanks Ton
14:46 Shubro : vwap test nNF
14:46 Anubhav : hmm so this was a shakeout indeed
14:47 MJ : Himanshu James dalton’s profile that is.
14:47 MJ : Keep it for reference.
14:47 MJ : keep digging.
14:47 Himanshu : Yes – will read – specially S& P clues
14:48 MJ : Cheers.
14:48 MJ : Ahoy, shop shutting time.
14:48 MJ : All out at 11768. (14:20) MJ : shai still intact for 11780- 11800 at close? 45 degree at work?
14:48 Himanshu : I have serios FOMO feeling on joing late this chat room
14:48 Himanshu : more than any other profit oppurtunity
14:48 MJ : Bye everyone have a nice weekend.
14:48 Himanshu : Bye
14:49 Govind : Bye MJ
14:49 Anubhav : bye
14:51 Govind : Will BNF test 30740 again?
14:51 Shubro : please do
14:51 Rushabh : 7 lac cot?!
14:51 Anubhav : yeah
14:52 Rushabh : uttam buying stangles?
14:52 Anubhav : dip has been bought by diii again
14:52 Rushabh : straddles?
14:52 Shubro : i think we have to see how day ends….
14:52 Anubhav : yes 3.05 move pending
14:52 Shubro : anyone thinks yest was a cat bounce?
14:52 Rushabh : https://twitter.com/indian_stockss/status/1141998906265370625 another troll
14:53 Shai : differents ettings of imbalance- band is the highest, then square and then plain numbers – (14:40) Maheshwar : shai why some values have pink n green bands and some only green n pink numbers
14:53 Govind : BNF struggling at VWAP again, ned a clean move
14:53 Govind : need*
14:53 Govind : there u go Shubro
14:53 Anubhav : yo
14:54 Govind : Come on, do 740 now
14:54 Anubhav : bnf is stronger
14:56 Anubhav : nice govind
14:57 Shubro : i would like this to break day high
14:57 Shubro : then monday action jackson
14:57 Shubro : else hammer candle forming
14:57 Rushabh : sahi next week expect trending one?
14:57 Anubhav : day high toota to matlab gsy cut pakka
14:57 Anubhav : gst*
14:58 Shubro : if tops are broken i suppose
14:59 Shubro : this move up seeing sellers adding
15:00 Shubro : 3.05 almost here
15:00 Anubhav : gayi vapas
15:00 Shai : 123k+81k+36K at the lows near 11745-11725
15:00 Shai : these guys are key to expiry next week
15:01 Uttam : they may book today itself Shai 😉
15:01 Govind : Gave it all up
15:01 Anubhav : damnnnnn
15:01 Anubhav : wtf
15:01 Anubhav : algos
15:01 Shubro : bhains going water
15:01 Anubhav : dun let us even blink eyes
15:01 Uttam : 45 degree done. aur kya chahiya 😉
15:01 Anubhav : yes
15:02 Anubhav : greed kills
15:02 Shubro : classic pullback short
15:02 Govind : Haha, Yes Uttam. But it did go all theway to 30733
15:02 Govind : It wasa nice vwap trade
15:02 Shubro : got both ways
15:02 Uttam : +1
15:03 Tina : i see 11910 now next week start
15:03 Shubro : not over yet
15:04 Govind : MB Shubro
15:05 Shubro : might crack
15:05 Shubro : might crack
15:05 Shai : weekly wants a close here
15:05 Shai : (14:20) Shai : weekly says close at 11725
15:06 Rushabh : +1
15:06 Govind : and BNF Shai?
15:07 Uttam : (15:01) Uttam : they may book today itself Shai 😉
15:07 Anubhav : war?!
15:07 Uttam : no charts…. 🙂
15:08 Rajiv : thats reserved for next year Anubhav : war?!
15:08 Anubhav : hehe trump will do anything to get relected
15:08 Anubhav : unpredictable fellow
15:08 Shubro : nobody wants to risk a weekend trump tweet
15:08 Shai : By now you guys should know not to take Trump seriously
15:09 Anubhav : lol
15:09 Shai : big talk little follow up
15:09 Anubhav : yeah g20 meet also comign up
15:09 Shubro : but thats the era we are in Shai
15:09 Shubro : posturing while the world goes to shits
15:10 Sandy77 : Big talk is enought to roil mkts
15:10 Shubro : hey anybody in room from Chennai?
15:10 Uttam : NF wants to pull that dPOC to 11750 looks like
15:10 Anubhav : n twitter nonsense
15:11 Shubro : we are in all talk and only market action
15:11 Sandip : m looks like room making good profits today 🙂 +1
15:11 Rushabh : is this called an inventory adjustment ?
15:12 Shubro : Sandip i had a better day than yesterday lol
15:12 Uttam : wassup Sandip you still counting yesterdays monies 😉
15:12 Sandip : Nice
15:12 Sandip : haha..yep, I didnt get to trade today
15:12 Sandip : some work
15:13 Uttam : oh ok
15:13 Shubro : NF takes away most of yest gains
15:13 Sandip : see you boiz next week good luck 🙂
15:13 Uttam : you too Sandip 🙂
15:14 Shubro : hey Sandip yeah man have a great weekend. Monsoon arrived today here so respite.
15:14 Shubro : prayers for Chennai friends i hear the water problem is bad
15:14 Uttam : NF closing at that tredn day VWAP & POC?
15:15 Govind : BNF regained its premium
15:15 Govind : Thanks Shubro
15:15 Shai : BTST – Buy 11700 call at 109 and sell 11800 call at 53 for a net of 55-56 sl of 17 tgt 87.
15:15 Uttam : nice balanced profile in that also
15:15 Shai : Gping bullish for Monday
15:16 Anubhav : cool
15:16 Shai : if in F sl is 11645 tgt near 11900 till wed
15:16 Uttam : COT staying the reason Shai?
15:16 Shai : yes
15:16 Uttam : +1
15:16 Natarajan : in bank nifty what is the view?
15:16 Uttam : hope these are not any rollovers?
15:16 Shai : but fridat so options are dicy for pure long play
15:17 Shai : BNF is a neutral profile today as shorts of last 2 days cleared
15:17 Uttam : prominent POC in BNF
15:18 Anubhav : sell 11600 puts instead shai?
15:18 Vishal : but this bull call spread looks good even for friday
15:18 Shai : 87 is the obj
15:19 Shai : hold for tgt or Sl
15:19 Shai : BNF on monday would look to get into longs also
15:20 Uttam : NF dPOC shifts near 11750
15:22 Anubhav : is this a neutral day?
15:23 Shai : NV
15:23 Rushabh : BNF is so strong
15:24 Anubhav : ok t
15:26 Shai : Bye all
15:26 Shai : Have a good relaxing weekend
15:27 Shai : let’s catch up again Monday
15:28 Uttam : thanks All 🙂 have a lovely weekend
15:29 Amjad : by all
15:30 Anubhav : bye folks
15:31 Anubhav : raining in delhi
15:31 Anubhav : monsoon rally from monday
15:31 Anubhav : lol
15:31 Anubhav : cheers
15:33 Himanshu : Bye all

Order Flow charts dated 21st June

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

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

NF


BNF


Room Chat

09:23 Shai : short NF 11682 sl of 11715 tgt 11610.

09:37 Shai : (09:36) Shai : use this link for options today – https://join.me/579-029-455

09:42 Shai : (09:41) Shai : Make exit in the NF at 11705 cmp

11:04 Shai : (11:04) Shai : Intra- Buy 11700 call at 53 sl of 33 tgt 90.

11:30 Shai : (11:30) Shai : Make exits in the 11700 call at 39 cmp

13:13 Shai : INtra – short BNF 30545 sl fo 30645 tgt 30400/ 30305

13:15 Shai : (13:15) Shai : Those who got in sell can book. Don;t take the sell now .

14:06 Shai : INtra – BUY BNF 30640 sl fo 30545 tgt 30750/ 30804

14:16 Shai : Part book BNF 30685 . Raise sl to cost on rest

14:18 Shai : (14:17) Shai : Book full BNF 30665

14:50 Shai : (14:50) Shai : Buy BNF 30700 sl of 30595 tgt 30820.

14:56 Shai : (14:56) Shai : exit from the BNF in profits at 30745 cmp .


08:59 Sumesh null : gm all
08:59 Narendra : Good Morning
08:59 Sujeet : Gm all
09:00 Sumesh null : sgx nifty indicates gap up opening. all global markets in green
09:00 Govind : or gap down
09:00 Sujeet : probably gonna be sideways today n expiry .
09:01 Sujeet : mght expire bwn 11700 to 11800
09:02 Sumesh null : range bound
09:03 Thanika : GM all
09:04 Shubro : GM all
09:04 GopalaKrishnan : GM all
09:05 Uttam : Good Morning All 🙂
09:05 Krishan : gm
09:07 Anubhav null : gm
09:07 Vishal : Good Morning
09:07 AN : GM all…
09:08 Vijai null : good
09:08 Uttam : Nifty 37 down and BN 28 up 😉
09:08 Vijai null : good morning
09:09 Sujeet : buyers wl step in
09:09 Shai : GM all
09:10 Anubhav null : visa news
09:10 Shai : https://vtrender.in/market-profile-analysis-dated-19th-june/
09:10 Anubhav null : it affected
09:10 Sandip : GM All
09:12 Himanshu : H1 B visa cap to be at 15 % only – big -ve for IT cos – its just proposal of Trump Admin
09:12 Himanshu : like ripples of trade war – but IT will impact Nifty big time.
09:13 Anubhav null : overnight risk
09:15 Natarajan : NF not down?
09:15 Govind : Premium!!
09:15 Sujeet : 0000000 all d way
09:16 Uttam : 450 at lows in NF
09:16 Uttam : 450 at lows in NF freak low
09:16 Uttam : no vols below 11700
09:19 Shai : yes ignore the 0’s at open price 9.15
09:20 Rajiv : SHAI RB in BNF
09:20 Uttam : both getting weaker
09:20 Uttam : NF testing that freak low
09:21 Shai : 1L cot in open bar
09:22 Sujeet : huge
09:23 Yogesh : (09:21) Shai : 1L cot in open bar……it means sell on rise or very weakness.
09:23 Uttam : BNF shorts covering in this move down looks like?
09:23 Shai : short NF 11682 sl of 11715 tgt 11610.
09:25 Sandip : Shai..is this ORR type open?
09:26 Shai : vol little low for that
09:26 Sandip : Thanks Shai
09:27 Shai : last 40 min spike zone against OTF lower yesterday was 11725- 11630
09:27 Thanika : Too uch selling in Cash mkt for BNF and same for N50
09:27 Shai : we shoukd test 11650 min for this COT
09:31 Azmath : Shai, Join Me screen, keeps flickering.. checked on 2 different systems. same issue
09:34 Sandip : initial CE writing strong at 11700 CE and above…and PE writing at 11650 PE..so ping pong in that zone for now
09:35 Kiran : sir the details on top right like Hi CL POC VAH etc are for previous Day?
09:36 Uttam : dVAH is today’s Kiran
09:36 Shai : use this link for options today – https://join.me/579-029-455
09:37 Uttam : greens in NF at vwap
09:38 Uttam : 15k right at top on 5min
09:38 Anubhav null : 11670 held
09:40 Uttam : morning shorts being taken out lookjs like
09:41 Sandip : yess some short covering from lows
09:41 Shai : Make exit in the NF at 11705 cmp
09:42 Sujeet : its 11714
09:43 Shai : exit
09:43 Narendra : 11600CE ….. 80-92 quick trade ….. booked fully
09:43 Uttam : entire COT of -L gone
09:43 Shai : yes all that negtive COT forced out
09:43 Senthilraman null : sl triggered 11715
09:45 Shai : you guys will have to be quick. An exit is an exit. The market will not be waiting for you
09:45 Thanika : Greens showing up in Cash for few mins, but reds coming again.. may be a ping pong
09:46 Uttam : dPOC on the prev 30min bar shifted to 11670
09:46 Sujeet : there s slippage always…like we got msg fr 11705 but exit at 11710..
09:47 Narendra : it seems we may see aggresive short covering today in the later half if these levels hold till noon
09:49 Shai : Happens Sujeet. when markets are quick you will not get correct prices. can’t argue with the market – it cannot stay in one place for us
09:49 Uttam : good scope of forcing 11700ce writers to cover
09:49 Sujeet : thts wht i said..there wl always be slippages
09:50 Shai : COT went pos again
09:50 Shai : these are sharp and quick turns
09:51 Boppanna : 30400ce needs a bump above 105 for more IMO
09:52 Rushabh : shai above 11736 and that congestion zone?
09:53 Uttam : above 11742 low vol zone can give quick move
09:54 Rushabh : alright
09:59 Sandip : 11700 a magnet in spot now.lets seepost 1.30 where we land
10:00 Jitender : told u guys DII playn expiry
10:01 Boppanna : knock knock 09:51 Boppanna : 30400ce needs a bump above 105 for more IMO
10:01 Thanika : 11700CE covering and 11800 CE writing still on
10:01 Uttam : give 100 in 11700ce Thanika enough 😉 let them take 11800ce to 0
10:02 Jitender : screen gne ?
10:02 Thanika : 🙂 may be possibe! but reds are coming back on every rise, so let’s wait
10:03 Sandip : Thers 1700PE writing also on the way
10:03 Uttam : pink band in 11700ce at 43-44
10:03 Thanika : yes… (10:03) Sandip : Thers 1700PE writing also on the way
10:03 Thanika : upmove confirmed then 🙂
10:04 Uttam : 13 is where vol got accumalted in that 11700pe yesterday
10:05 Jitender : whoever did tis upmove has already dbled his money
10:05 Uttam : now back to those levels, if that breaks means 11700 safe today?
10:08 Thanika : BoP: your move now! 🙂
10:08 Boppanna : Push pls 10:01 Boppanna : knock knock 09:51 Boppanna : 30400ce needs a bump above 105 for more IMO
10:09 Thanika : yes, big green in BN10 cash
10:11 Himanshu : chalo – BNF
10:11 Himanshu : to 540 – 630
10:11 Jitender : (10:02) Jitender : screen gne ?
10:11 Govind : No Jit
10:11 Uttam : there Jit
10:12 Jitender : oh
10:13 Uttam : 11754 small hurdle
10:13 Thanika : buying interest still on in NF & BNF, despitereds not agreeing
10:13 Uttam : above that 11790-795 can come
10:14 Sujeet : went long n 30300 call at 81..booked at 149
10:15 Himanshu : c – beta same direction – dont do usual things
10:15 Boppanna : Wanted more before C 🙁 ..so out 10:08 Boppanna : Push pls 10:01 Boppanna : knock knock 09:51 Boppanna : 30400ce needs a bump above 105 for more IMO
10:16 Himanshu : This C is commanded by Jit- Uttam and Bopp
10:17 Himanshu : so exited – 30500 PE – Jun – 356- 265 ( Overnight)
10:17 Sandip : to be frank the only 2 places OI constanly was increasing was 11650 PE and 11800 CE..could be the max range for the day…unless them big 1 lac guys come in
10:17 Boppanna : Nice one Sujeet
10:18 Himanshu : in BNF – 30200PE shot up – sold”@32 – covered 15.5 as mark of repsect to C
10:19 Sandip : What is significance of C period Uttam?
10:20 Himanshu : The way Kotak Bank is running – Mr Uday has shorted BNF Puts — to cover RBI penalty today
10:21 Jitender : watch 740 nf
10:22 Jitender : 485-540 bnf
10:22 Sandip : charts lagging
10:23 Sandip : also options charts flickering very fast….even the link that you gave Shai
10:24 Uttam : yes Jit 11740 & 30470 on watch
10:24 Uttam : PLR up for now as we are in this week’s range
10:24 Sandip : Uttam
10:24 Sandip : ?(10:19) Sandip : What is significance of C period Uttam?
10:25 Uttam : after we get a good move in the IB a C side extension gives a failed move & most of the time gets bsck to test vwap
10:25 Uttam : most of the FAs are confirmed in the C period ext
10:25 Shai : +1
10:26 Sandip : Thanks
10:26 Shai : 2 time frames active today and is a war zone
10:26 Uttam : relatively bigger IB in NF
10:26 Uttam : BNF is normal IB range but last 3 days had relatively smaller range
10:26 Shai : Vol marked up is already 33L which is high to abv high for the first hour. shows that traders were caught off both sides
10:27 Shai : will watch 11756 if the market has to go up now
10:27 Uttam : yes Shai thats the composite VAH too
10:29 Shai : +1
10:29 Jitender : 30.3ce 194-161
10:29 Thanika : good selling in Cash BN10
10:29 Thanika : @Shai: Is there some significance to the HVN @11920 for this series?
10:30 Thanika : not sure if my data is correct though
10:30 Uttam : we have a vPOC there Thanika
10:30 Uttam : one of the HVNs from where we moved away last week
10:30 Uttam : before we that we had 12072 & 11979
10:31 Thanika : oh k. Will it attract index towards that during expiry, next one?
10:31 Narendra : Hi guys just wanted to share some trades I did in the first hour.Early in the Morning taking advantage of Indiabulls News took trades on both sides through options (2DT Done)Then that Quick Trade 11600CE from 80-92 (3DT Done)Now used 50% of day’s profit to enter 30500CE (bought @ 43.90) … I am planning to hold it till EODAny Suggestions?
10:31 Uttam : the nearest one is at 11868
10:31 Uttam : and of course yesterday’s HVN at 11795
10:32 Thanika : ok, that helps, thanks 🙂
10:32 Uttam : 🙂 welcome
10:32 Dhaval : what is HVN?
10:32 Uttam : high volume node
10:33 Dhaval : ok thanks
10:33 Dhaval : and vPOC
10:33 Dhaval : ?
10:33 Anubhav null : reds in nf
10:33 Uttam : on the MB chart you can see that black like protruding at 11670
10:33 Uttam : that is also an HVN
10:33 Jitender : Narendra congo first..2ndly take a coffe brk fr an hour…prem is usally eaten….
10:33 Uttam : yes 11740 is being tested
10:34 Jitender : if u wanna go with 30.5ce long sell 30.6ce along with it
10:34 Narendra : ok
10:34 Thanika : ha ok, thanks! (10:33) Uttam : on the MB chart you can see that black like protruding at 11670
10:34 Uttam : vPOC is virgin POC or naked POC, it is a dPOC which has not been tagged in the next session(s)
10:35 Anubhav null : ywvap being held in bnf
10:36 Dhaval : thanks
10:36 Uttam : 8 more mins for C to end. lets have a nice ext in D then 😉
10:37 Boppanna : Shai upper boundary for today BNF 690?
10:38 Thanika : in Cash Buy bars are higher then Sells, unlike yesterday. So undercurrent seems +ve
10:39 Arjun : what is cash buy bars ? So many new terms being discussed gets confusing.
10:40 Uttam : @Arjun that is not in the room so can leave that 🙂
10:40 Narendra : @ Shai Sir , @ Uttam ….. Day COT is still negative in both NF and BNF …… does it indicate lack of strength in the rally? can you please explain
10:40 Sumesh null : ask me what confusion is
10:40 Uttam : @Thanika is speaking about his MoneyFlow indicator
10:41 Arjun : can we stick to mp and ofa ? people like me are yet to get a grasp of that itself
10:41 Uttam : @Narendra NF COT is almost 0 but yes BNF has big negative COT
10:41 Uttam : as Shai said 2 time frame guys opposing each other today
10:41 Anubhav null : expiry games
10:42 Uttam : we started with a -1L COT but buyers at lows negated that
10:42 Narendra : ok ….. so BNF will show more strength if COT turns positive?
10:42 Narendra : am I right?
10:42 Rushabh : uutam since this 3/4 day balance, bnf cot is closing neg all the days right?
10:42 Uttam : BNF reds could come under pressure as we are above the morning reds here
10:43 Thanika : @Arjun: Just adding my reading from the Nifty50 stocks combined view from Cash market. I have posted more info on that in the #random channel yesterday. Please ignore my comments, these are not significant. COT is the king anyway
10:43 Uttam : below 30470 those sellers will push price lower I feel
10:43 Uttam : C period ends with leaving poor highs in both
10:45 Govind : Come on D
10:45 Shai : -300 COT for day No committment 🙂
10:45 Shai : we will wait
10:45 Shai : looks like a grind zone for a couple of hours
10:45 Shai : writers
10:45 Shai : what is 11750 CE PE combined?
10:46 Narendra : 55
10:46 Boppanna : 54
10:46 Gaurav : 54-55
10:46 Govind : 14.95 + 40
10:46 MJ : Shai COT overworked last one 1hr. Chilling for now.
10:47 MJ : I mean yest closing.
10:49 Jitender : “COT overworked ” ?
10:50 MJ : -4L to +5L at close from 1415 to 1530.
10:50 Govind : COme on D, go up!!
10:51 Jitender : tats k…wat do u mean by overworked..is wat i m nt sure of
10:52 Himanshu : IT needs to trade above PWL – 503 in BNF
10:52 Himanshu : Aaha Aja – Ahah Aja –
10:53 Himanshu : Aagaya
10:53 Govind : Sing Himanshu, sing
10:53 Himanshu : Govind you have to pamper
10:53 Himanshu : BNF is Ben Nifty – is Niftys sis
10:53 MJ : Pass it.
10:53 Govind : Good D, Uttam wanted this
10:53 Govind : Damn, big reds
10:53 Chetan Panchal : 80% rule is on work
10:54 Himanshu : Bhago – Vhago
10:54 MJ : 51k 87k
10:54 MJ : bnf nf
10:54 Himanshu : covered –
10:55 Himanshu : 30200 – 30300 PE – 2 Dt – now will drink cuppa with Jitubhai
10:55 Govind : Congrats Bro
10:55 Sujeet : -87k
10:55 Jitender : congo Himanshu
10:56 Himanshu : thanks Bhayio – humbled – trading with you guys
10:56 Narendra : Congrats Himanshu
10:56 Himanshu : this 48K – Ve deserves respect – as zeros abpve
10:57 Sandip : +1 Himanshu
10:57 Himanshu : Bhai Saab – Aap Narendra hain .. Naro mein
10:57 Vishal : whats the interpretation of -ve COT and price moving high?
10:57 Govind : Haha…big name
10:58 Himanshu : Thanks Sandip –
10:58 Jitender : if its a trend day…repeat trend day..ten u will hv 2 ignore COT
10:58 Himanshu : We have Namo in chatroom –
10:59 Himanshu : Just Kidding – Narendra ( No offense )
10:59 Govind : Our roomie Naren also making big plays Himanshu
10:59 HPandey : @shai that 91 k is a fresh short?
11:00 Himanshu : Hain ? ( Kuch andar ki khabar aati hain PMO se)
11:01 Govind : Levels working out well Jit, on the upside
11:01 Shai : looks like a profit book Hpandey
11:02 HPandey : okkk
11:02 Jitender : esp nf Govind
11:02 Govind : Yes sir
11:02 Govind : 740 held very nicely
11:02 Himanshu : Pandeyji – Sir Namskar
11:04 Shai : Intra- Buy 11700 call at 53 sl of 33 tgt 90.
11:04 Sandip : @shai, anyway to stop screen flickering in options chart?
11:05 AN : koving reading speach given by Modi looks like 🙂
11:05 AN : kovind
11:06 Shai : @Sandip we are speaking with the join me guys. technical problem there. They said they would look
11:06 Sandip : thanks Shai
11:08 Himanshu : Such speech always brings teers – this is what we aspire
11:08 Himanshu : this is what our lineage is ..
11:10 Thanika : Cash mkt supporting with greens
11:13 Thanika : Biggggg green spike in cash, in BN10 too
11:17 HPandey : namaskar bhai (11:02) Himanshu : Pandeyji – Sir Namskar
11:20 Uttam : come on E get above D
11:21 Uttam : good boy 🙂
11:21 Govind : Yeah baby
11:22 Thanika : sustained buy in cash with occasional spikes up, reds are selling too. Bulls are good today so far!
11:23 Himanshu : small sell in 30500 PEs
11:23 Govind : Markets listen Uttam 🙂
11:23 Himanshu : following Jitubhai’s DT rule..
11:23 Govind : to you
11:23 Shai : 30500 call is bullish for 168 cmp 80
11:23 Himanshu : Am telling you – he knows few peple there
11:24 Thanika : indeed yes.. 🙂 +100 (11:23) Govind : Markets listen Uttam 🙂
11:24 Shai : but want to get into 30600 call when 30600 F is crossed in F
11:24 Narendra : booked 50% in 30500CE @ 88 (bought @ 43.90) 4DT Done….. now holding the balance position till EOD ….. it is practically cost free position
11:24 Shai : can wait
11:24 Himanshu : And Chief’s Orders are followed ,,
11:24 Himanshu : Je baat – Narendra – congrates
11:25 Govind : Shai, what are the levels in 30600CE to enter/exit?
11:25 Thanika : wow, big reds attacking Cash now
11:25 Uttam : (11:23) Govind : Markets listen Uttam :)…_/\_ I try to listen to the market
11:25 Kiran : what is 4DT?
11:25 Govind : 🙂
11:25 Himanshu : 570 supply
11:26 Govind : Congrats Narendra
11:26 Narendra : Day Target
11:26 Himanshu : Kiran – You need to consult – Jit
11:26 Himanshu : for more clarification – is Registered Trademark
11:26 Himanshu : and IPR are with him ( intellectual Property Rights)
11:27 Narendra : Thanks guys …… learning a lot from all the members of the room
11:27 Thanika : massive sell, in cash! 🙁
11:27 Govind : Fight is on
11:28 Kiran : ok sir…now its all bouncing at me but i am sure i will learn
11:29 Himanshu : is daily target ( ROI % of your capital invested in trading)
11:29 Jitender : 30.4ce 144-101
11:29 Sumesh null : pray nifty also bounces
11:29 Govind : +1 Jit
11:30 AN : +1 Jit , 30.4pe 30 -45
11:30 Narendra : Good One Jit Sir
11:30 Shai : Make exits in the 11700 call at 39 cmp
11:32 Jitender : theese algo’s r vicious
11:33 Sujeet : vwap test s on
11:35 Natarajan : thanika, how do you check selling in cash?
11:35 Natarajan : is there any chart ?
11:35 Thanika : i am tracking in Amibroker, through my scripts.. see #random channel
11:37 MJ : 11800 pe weekly 54 to 79 (10:54) MJ : 51k 87k(10:54) MJ : bnf nf
11:37 Govind : +1 MJ
11:37 Azmath : Awesome MJ
11:37 Narendra : Superb
11:38 MJ : Thanks All.
11:39 Sumesh null : two sl hit
11:41 Thanika : some brave greens are back in Cash, let’s see
11:41 Himanshu : hmm
11:41 Himanshu : 503 has to cross – PWL in BNF then
11:41 MJ : Uttam ext handle you will take 11733 as?
11:42 Uttam : 11730
11:42 MJ : Thanks.
11:42 Sandip : That looked like a move to remove pe writers
11:43 Uttam : that 11754 again getting that 16k stuck green’
11:44 Uttam : NF needs to get above it
11:46 Sandip : yes Uttam, or else another hour of grind
11:48 Uttam : ‘p’ profile in both so far
11:49 Uttam : OTF up since morning
11:49 Uttam : though E made a outside bar
11:50 Uttam : NF hsorts being forced out?
11:53 Thanika : cashsi supporting up move so far.. but reds are fierceful when they come in
11:53 Uttam : lets take F above E and make the bulls win 😉
11:53 Thanika : i am for it 🙂 +1
11:54 Sujeet : taking support vwap
11:55 Thanika : very slow but sustained buying in cash.. is this normally by institutions?
11:55 Himanshu : thy t listening to speech of Kovid – lot of promise shown –
11:55 Uttam : BN can do 100 more above 30580
11:55 Govind : E for extension, Uttam 🙂
11:56 Jitender : bnf 484-530
11:56 Anubhav null : 30660
11:56 Thanika : Uttam: i need that
11:57 Thanika : reds trying to match.. bulls looks good so far
12:00 Narendra : HDFC Bank & ICICI Bank both at day high
12:01 Govind : 11700CE at 48 now
12:01 MJ : Easy peasy yvwap hold trade in bnf.
12:01 Uttam : BNF extended the poor high
12:04 Sujeet : bght near vwap 30400 call at 98 booked 138
12:04 Thanika : bears trying their luck, again and again
12:05 Narendra : Advance : Decline ratio is decent compared to last few trading sessions (these days 1:1 also looks decent)
12:06 Govind : Shubro, you here?
12:08 Thanika : bulls giving good fight this time, let’s see
12:10 Thanika : BN10 looks bit red in cash
12:10 Sandip : al long as 30 holds in 11700 CE there is chance for that 90-100 mark to hit..otherwise very tough
12:10 Thanika : N50 seems to be ok for bulls
12:11 Uttam : yes Sandip & 80-82 zone to watch in the 11800pe
12:12 Sandip : yea strong resistance there
12:13 Anubhav null : fall coming soon…
12:14 Govind : Why Anubhav?
12:15 Anubhav null : looking at cot n diverging macd
12:17 Uttam : F settles for an inside bar
12:18 Himanshu : aaha aja
12:18 Sumesh null : boom
12:19 Thanika : oops big fight, bulls seems to be un upper hand
12:19 Himanshu : Lootery 11800 2 rs to 4 rs
12:19 Himanshu : Lottery –
12:19 Govind : or Lootery sounds fine 🙂
12:20 Shubro : 🙂
12:20 Govind : There he is
12:20 Himanshu : I am telling you Subro
12:20 Govind : just joined
12:20 Govind : ?
12:21 Shubro : na was playing since morning
12:21 Sandip : maxx pain is at 11700 and mkt trying to get away from it for now
12:21 Shubro : watching Govind
12:21 Shubro : now
12:21 Govind : Ok
12:21 Shubro : its fair game for both it seems so far
12:22 Shubro : hey guys when is our next cric match?
12:22 Shubro : sunday is it?
12:22 Govind : Saturday
12:22 Shubro : okies
12:22 Shubro : good hai
12:22 Govind : Afghans
12:22 Shubro : bugger
12:22 Govind : Must win for us 🙂
12:23 Himanshu : Rasheed will give us – they are so muhc in awe of india
12:23 Shubro : i wonder what the betting odds for the afghans are
12:23 Shubro : 1:5000?
12:23 Govind : NF COT looking decent
12:24 Shubro : yeah momentum looked to fall but stabilizing here
12:24 Sandip : no shubro
12:24 Sandip : 1.04:13 hahahaha
12:25 Sandip : it would take a meteor strike to make the afghans win
12:25 Shubro : ahahaha Sandip nice
12:26 Himanshu : they must be praying for Rain god – for 1 point
12:26 Govind : Here we go
12:26 Himanshu : Rain is OUR Max Pain for this WC
12:27 Govind : Don’t we always get the real move on expiry around 2pm?
12:27 Sandip : 🙂
12:27 Shubro : H period should rock
12:27 Thanika : N50 looks good , despite occasional red attack
12:27 Shubro : virus in the system for N50
12:27 Himanshu : E – Ke aage Jahan Aur nhi hain
12:27 Vishal : Any idea what the OF charts are narrating so far. Being my first day at MP & OF was wondering what it is doing
12:28 Himanshu : Chalo – BNF –
12:28 Uttam : @Vishal welcome to VT, have you been able to go throgh the links given in the welcome mail? you have a nice video in that explaining the OF concepts too
12:28 Himanshu : I am telling you – I was there VIshal
12:29 Himanshu : Just observe – for 3 days what is happening and read terms – thru videos on site
12:29 Himanshu : there are some you tube videos on MP
12:29 Himanshu : off market hours – go thru them…
12:30 Uttam : het BN spot above 30550 and 100 points is there in it
12:30 Ashutosh : boom nf
12:30 Uttam : get*
12:30 Vishal : okay
12:30 Vishal : thanks
12:30 Sumesh null : is that a call uttam
12:31 Uttam : calls will be given only by Shai @Sumesh
12:31 Uttam : all of us express our views
12:31 Sumesh null : hmm
12:31 Shubro : boom revving engine?
12:32 Govind : ICICI is really trying
12:32 Sumesh null : is there some meeting or conference which will affect the market today
12:32 MJ : Who is in bank today? shubro? or govind?
12:32 Ashutosh : Jit is going to meet Narendra 🙂
12:32 Thanika : +1 Uttam.. Cash mkt bull power also increasing in BN10.. (12:30) Uttam : het BN spot above 30550 and 100 points is there in it
12:32 Sandip : Also calls by Shai appear in blue color
12:32 Govind : Not me MJ
12:32 Shubro : just bough the bank MJ sitting in it
12:33 MJ : Ah okay.
12:33 Thanika : bears attacking with good red here.. caution.. in cash
12:33 Govind : Me at breakeven
12:34 Uttam : spot highs 11745 & 30545
12:34 Uttam : whats will the 45 today
12:34 Uttam : with*
12:35 Uttam : BNF last 5min bar has just 9k vols :0
12:36 Himanshu : ok came 550 on spot Uttam
12:36 Thanika : that must be SL for shorts i think, bulls not relenting.. up aup and away..
12:36 Govind : 550 Uttam
12:36 Sumesh null : waiting for some news nifty
12:36 Govind : boooom
12:37 Shubro : cmon cross E
12:37 Narendra : (09:47) Narendra : it seems we may see aggresive short covering today in the later half if these levels hold till noon
12:38 Uttam : 11800pe below 44-42 will get weaker
12:40 Govind : All out
12:40 Govind : was don 1.5DT, but up 1 dt now…phew
12:40 Govind : down*
12:41 Govind : that was nerve wracking
12:41 Govind : time to lunch
12:41 MJ : Cheers
12:41 MJ : Govind
12:41 Sujeet : boom
12:41 Govind : Thanks MJ
12:41 Narendra : I think the real expiry game will start only if BN starts trading above 30600
12:42 Uttam : yes Narendra BNF stalling at yPOC
12:42 Uttam : hvn so negotiation on
12:42 Narendra : ok
12:42 Uttam : we have a load of reds to be washed away if BNF gets above it 😉
12:44 Govind : Shai, 30600 CE is good to enter ifBNFF crosses 30600? 11:24 Shai : but want to get into 30600 call when 30600 F is crossed in F
12:44 MJ : are re 😀
12:46 Sandip : 40 to 62….22 pts in for now in that ce 🙂
12:46 Narendra : I think we should wait for spot to cross 30600
12:47 Uttam : NF tags 11790
12:47 Sandip : ok 1 lac seller is majority new guy (seller)
12:47 Himanshu : exited 30500pe -92-31
12:47 Govind : Nice Himanshu
12:47 Narendra : Superb
12:47 Shubro : NF auction over?
12:48 Himanshu : now lottery on only
12:48 MJ : Sandip I guess loads of yest buyers will be looking to book profits.
12:48 Govind : Zeroes up top in both Shubro
12:48 Himanshu : 11800ce 2 rs
12:48 Shubro : yeah thats why asking…isnt that move complete signal?
12:48 Govind : That yPOC level in NF was a good guide
12:49 Govind : sorry, BNF
12:49 MJ : Yes govind, remember seller above too? 1L guy?
12:49 Uttam : 11765 needs to hold in NF
12:49 Govind : Yes MJ
12:49 Shubro : we ar still in that composite so ….
12:50 Govind : and the 1L guy in NF came around 11810-20 I think, yesterday?
12:50 MJ : And spot composite VAL is 11768. High so far 11760.
12:50 Sandip : I have 11800 pe at 40 also..looking for 10 pt scalp
12:50 Narendra : more strength only above 11795?
12:50 Shubro : Sandip same here
12:50 MJ : Make that 3
12:50 MJ : Same here too.
12:50 Govind : previous 5 min cndle in NF has -72k COT
12:50 Sandip : 🙂
12:51 Shubro : Sandip target 768?
12:52 Sandip : yea something like that 765 arnd
12:52 Shubro : 768 is my italian astrolgy number. astrologer -is fibonacci
12:52 MJ : Watch for price action on that pe at around 54 55
12:53 MJ : Shubro and 770 your casino number?
12:53 MJ : Or 870?
12:53 Shubro : 007 MJ
12:53 MJ : 😛
12:53 Shubro : call em bonda
12:53 Shubro : bond da
12:54 Thanika : good greens in cash
12:54 Uttam : BN Spot wants to make new highs
12:56 Sumesh null : boom next 30 mins
12:56 Uttam : @Shai 11800pe option chart needs adjustment,,,gone under water 😉
12:56 Sandip : ideally before this 1 lac guy came in we shud have made atleast 80-90 in that 11700 ce
12:58 Uttam : (12:54) Uttam : BN Spot wants to make new highs…
12:58 MJ : Sandip, quick question for you, when you play options, your sl in with ref to spot or F or that particular option?
12:58 Sandip : for the option only
12:59 MJ : thanks
12:59 Shubro : price getting rejected here?
13:00 Uttam : (12:30) Uttam : het BN spot above 30550 and 100 points is there in it…70 done…30 more left
13:00 Boppanna : who else is driving it 🙂 12:30 Uttam : het BN spot above 30550 and 100 points is there in it
13:01 Uttam : 30625 imp level in BNF, needs to close above it tom for more upside
13:04 Sandip : nf spot not supporting futures
13:05 Sandip : if nf spot jumps over 11765 the we got chance for jump up
13:06 Uttam : problem is on weekly we are making a balance
13:09 Sandip : oh yea im out with 12 pts
13:09 Uttam : super Sandip 🙂 +1
13:09 Thanika : reds…
13:09 MJ : Same here Sandip 54 out.
13:09 Uttam : ‘p’ profile in both
13:09 Sandip : +1 Mj
13:09 Shubro : + 1
13:09 Sandip : Thx Uttam
13:10 Uttam : congrats Mihir 🙂
13:10 Govind : +1 MJ
13:10 Govind : expiry move coming up Shubro?
13:10 MJ : Thanks Sandip & Uttam. High 54.45(12:52) MJ : Watch for price action on that pe at around 54 55
13:10 Sandip : Now gotta wait and see what that 1 lac guy does..
13:11 MJ : vwap attempt would be nice.
13:11 Jitender : 30.7pe 122-172
13:11 Uttam : 56.85 high na Mihir?
13:11 Govind : Both NF and BNF have already done Suyog’s vix based expiry range
13:11 Jitender : ys
13:11 Uttam : gone
13:11 Uttam : 58
13:11 Sandip : +1 Jitender
13:12 Sandip : MJ can that PE go higher?
13:12 Uttam : huge vols in 11750pe
13:13 Uttam : being written or bought?
13:13 MJ : Yes Uttam, The bar I exited, I mentioned, plus webinato delay for me.
13:13 Shai : INtra – short BNF 30545 sl fo 30645 tgt 30400/ 30305
13:13 Uttam : 60 high now in that 15 min bar which I am watching & not yet completed
13:13 Shai : short near 30545 donlt chase
13:14 MJ : watch vwap for that pe @sandip
13:14 Sandip : bought small again at 56
13:14 MJ : i have small with tsls on.
13:14 Jitender : 11750 pe 12-25
13:15 Shai : Those who got in sell can book. Don;t take the sell now .
13:16 Shai : late sellers trapped at vwap
13:16 Vineet : do we cover shorts?D
13:16 Shai : cover
13:16 MJ : Sandip all out.
13:16 MJ : 1132 that pe hit vwap, and now again hit vwap and reverse.
13:19 Sujeet : cdnt do ..
13:22 Sandip : yep im also out at 55
13:22 Sandip : although according to cot in the option charts, these guys should have jumped to 75 atleast
13:24 Sumesh null : JIT just in. time
13:24 Jitender : 🙂
13:25 Jitender : 504 on watch
13:25 Uttam : NF taking sup now at comp VAH of 11754
13:25 Uttam : breaks that can do 80%
13:26 Uttam : 11733-725 & 11680
13:26 Uttam : else I period has made the trend day pull back low here
13:27 Thanika : greens back in cash.. let’s see
13:27 Jitender : Thanika yr indicator is only price based…correct ?
13:28 Govind : Uttam, what is the BNF composite high, is it still 30656?
13:31 Thanika : Jit: it is based on volume and price, Money Flow
13:31 Jitender : k
13:31 Thanika : #random channel i posted yesterday
13:31 Jitender : cool
13:32 Jitender : at tat 1lac seller…wat did u get in yr system ?
13:32 Yogesh : (09:21) Shai : 1L cot in open bar……where is #random channel ?
13:32 Thanika : @jit: I just summed up all N50 stock volume every second and split them as buy & sell and applied their Nifty weightage on them
13:33 Jitender : u have a fut thingie 2 in it….did u see any anamoly at at 11788
13:36 Thanika : no. it is not like MP/OF, just a volume based info.. i made this to supplemnt Nifty index as that did not have volume 🙂
13:36 Thanika : greens back in full force now
13:36 Thanika : biggg spikes
13:37 Jitender : k
13:37 Uttam : BNF getting ready to move higher?
13:37 Narendra : those late sellers stuck at vwap may provide fuel for further rally
13:38 Govind : Uttam, what is the3 day composite VAH for BNF?
13:38 Uttam : yesterday it as 30520
13:38 Thanika : i see that as possible, some reds still resisting.. (13:37) Uttam : BNF getting ready to move higher?
13:38 Govind : Ok man, thanks
13:38 Uttam : after today’s balance need to check
13:41 Uttam : 1:45 ext handle coming?
13:42 Yogesh : (13:31) Thanika : #random channel i posted yesterday……where us #random channel?
13:42 Yogesh : *is
13:42 Thanika : slack
13:43 Yogesh : i dont find on slack..
13:44 Thanika : https://vtrender.slack.com/messages/C0F2VRTPW/
13:44 Yogesh : got it
13:44 Yogesh : thanks
13:45 Himanshu : `Bnf SPOY ABOVE 29600
13:46 Narendra : 30500CE all out at 112 …… done for the day ….. don’t want to test my luck too much
13:46 Narendra : bought at 43.90
13:46 Uttam : super Narendra 🙂 congrats
13:46 Govind : 30656 in the vol. based VAH Himanshu
13:46 Govind : would be nice ifit gets there
13:47 Govind : But 30600 is strong resistance it appears
13:47 Narendra : (13:46) Uttam : super Narendra 🙂 congrats Thanks a lot
13:47 Govind : Super Naren
13:47 Uttam : (13:41) Uttam : 1:45 ext handle coming?
13:48 Rushabh : uttam yesterdays buyers booking? or still
13:48 Shubro : swift
13:49 Narendra : 5DT Done …… Now will stay on sidelines with my cup of coffee
13:49 AN : _/\_
13:49 Anubhav : any 1 buying 30600 put as expiry bet?
13:51 Shubro : Anubhav high chance of staying within composite so far
13:51 Shubro : day cot is negative
13:51 Anubhav : so is it worth a shot?
13:51 Shubro : but playing by data
13:52 Shubro : Shai to guide
13:52 Narendra : we may close higher from where we are right now
13:52 Anubhav : we are at uper end of the bracket
13:52 Shubro : true
13:52 Anubhav : hmmm
13:52 Himanshu : DHI in BNF Spot
13:53 Narendra : anything can happen on weekly expiry ….. the last hour is mostly all about index management by big players
13:53 Shubro : exactly so staying light
13:54 Shubro : no dodgy news so far but never know 😛
13:54 Anubhav : hmmm no upside triggers till the budget
13:54 Anubhav : fed bhi nipat gaya n monsoon also shifted to july i guess
13:54 Shai : had a quick look at the glove
13:54 Shai : globe*
13:55 Shubro : anything fuddy duddy Shai?
13:55 Shai : spx going for 2993 in 10 days cmp 2950 with 2924 as hard support
13:55 Shai : our boys still amanging composite here
13:55 Anubhav : so we can also head towards 12k shai?
13:56 Shai : managing*
13:56 Anubhav : 11600 has held so far
13:56 Shubro : yeah and am wary of again testing dlow
13:56 Shai : yes looks good for upsides
13:56 Shai : yesterdays COT was 525K plus this is onlt 50% booked
13:57 Gaurav : small rollovers should start tomorrow
13:58 Shai : indeed
13:58 Govind : boom
13:58 Narendra : now SBI also joins the party …. at day high
13:58 MJ : We’ve formed a balance below the VAL @Shai. for the composite.
13:58 MJ : 11807 is VAL for F.
13:59 MJ : 11768 for Spot.
13:59 Anubhav : weekly profile has a buying tail
13:59 Anubhav : also
13:59 Sandip : looks like that ce rady fo 80+
13:59 Shubro : chal bhaya
13:59 Shubro : BNF can blast Uttam?
14:00 Shubro : looks like one of your beast modes coming today
14:00 Uttam : 30773 spot is where it can go if we close at highs
14:00 Shubro : o teri
14:00 Uttam : (12:58) Uttam : (12:54) Uttam : BN Spot wants to make new highs…
14:00 Rushabh : 75k
14:00 Narendra : (13:37) Narendra : those late sellers stuck at vwap may provide fuel for further rally
14:01 Uttam : BN Spot high so far 30639
14:02 Rushabh : shai what about us? 🙁 (13:55) Shai : spx going for 2993 in 10 days cmp 2950 with 2924 as hard support
14:02 Himanshu : seller or sl – NF 83k#
14:02 Himanshu : red
14:02 Narendra : anyone knows waht is max pain in BN? is it 30600?
14:03 Sandip : ok those are new sellers in nF for now
14:03 Himanshu : 30500
14:03 Sandip : 11800 PE still needs some crushing
14:04 Thanika : greens in cash asserting
14:04 Himanshu : 30500 and 11750 – Max pain Narendra
14:04 Narendra : ok
14:04 Himanshu : think yday long profit bookin
14:05 Uttam : 30650 here in BN spot
14:05 Himanshu : Yday long could be profit booking
14:05 Sunil : @shai.. no trades
14:05 Shubro : we need a composite break
14:05 Himanshu : let challange 11800 CE sellers
14:06 Narendra : seems we are heading higher …. NF above 11795 ….. if sustains above this can we test 11823 again ? @ Shai Sir
14:06 Himanshu : huge OI – that would be SC
14:06 Shai : INtra – BUY BNF 30640 sl fo 30545 tgt 30750/ 30804
14:07 Shai : 11828 F for NF
14:07 Narendra : Thanks Shai Sir
14:08 Rushabh : shai sl for nf?
14:08 Himanshu : Great – I have HUGE buy ( 150 Units ) @ 2 Rs in 11800 ce
14:09 Himanshu : will be game changer for room
14:09 Shai : 11773 sl
14:09 Rushabh : alright thanks
14:10 Himanshu : with 5 L + cot of overnight – it is reasonalbe to cross – yday DHI – which was 815
14:10 Shai : 178- (11:23) Shai : 30500 call is bullish for 168 cmp 80
14:13 Shai : 30600 call for 119
14:13 Thanika : cash mkt, bulls are in charge, despite desperate attacks from reds
14:16 Shai : Part book BNF 30685 . Raise sl to cost on rest
14:16 MJ : cheers shai
14:16 MJ : 🙂
14:16 MJ : 92 picked few 30500 ces.
14:16 MJ : holding for 200+
14:16 Shai : little more pos cot
14:16 Uttam : (13:37) Uttam : BNF getting ready to move higher?
14:16 Shai : will induce SC
14:17 Uttam : (13:25) Uttam : NF taking sup now at comp VAH of 11754(13:25) Uttam : breaks that can do 80%(13:26) Uttam : 11733-725 & 11680(13:26) Uttam : else I period has made the trend day pull back low here
14:17 Uttam : yes Shai lets get that SC
14:17 Shai : Book full BNF 30665
14:18 MJ : Okay out.
14:19 Govind : My eyes are bugging out
14:19 Shai : need better COT
14:19 Shai : don;t mess up you bulls
14:20 Jitender : 30.6 ce 94-62 half out
14:23 Thanika : volume doubled up by Bears, but seems like bulls doesn’t want to give up.. in Cash.. desperate attaack
14:23 Sumesh null : full out
14:23 Jitender : 43 out (14:20) Jitender : 30.6 ce 94-62 half out
14:23 Boppanna : Man
14:24 Boppanna : Jit awesome
14:24 Jitender : cheers bro
14:24 Sandip : the big numbers in nf at top were also new sellers
14:24 Govind : NF reverses again around 11800ish
14:25 Sandip : + 1 Jit
14:25 Vijai : +1 j
14:25 Himanshu : in 30600PE @ 31 Rs
14:25 Himanshu : Small lot –
14:25 Himanshu : Lottery of 11800 Ce out at 4 Rs
14:27 Jitender : tx guys
14:28 Sandip : is the chart working?
14:28 Sandip : for me it refreshes every 10 seconds ..my net is fine
14:28 Uttam : yes Sandip
14:28 Sumesh null : me too himanshu
14:28 Sujeet : abve 11810 gonna be gud SC
14:29 Himanshu : max pain shifted to 30600 –
14:29 Sandip : cmm on break 80
14:29 Thanika : bulls not given up yet.. flexing muscles in cash 🙂
14:30 Jitender : btfd
14:30 Uttam : another look up above 30700 in spot BN can tag that vpoc of 30773
14:30 Uttam : one more hour to go
14:32 Uttam : Nifty Spot making new highs
14:32 Thanika : bulls heard you Uttam and charging again 🙂
14:32 Anubhav : 11800 call writers will beintrouble
14:33 Dhaval : Day COT is negative in nifty and banknifty and market is making high? why?
14:33 Uttam : cos we re having s trend day today so far
14:34 Sandip : for us to break 11800 in spot, some srt covering would be required
14:34 Uttam : Karan Arjun aayenge 😉
14:34 Sandip : hahahaha
14:34 Dhruv null : hahaahha
14:37 Thanika : steam coming out of bulls nose now!
14:37 Uttam : BN needs to join
14:38 Thanika : 11800 CE covering now .. OI going down
14:38 Thanika : BN1o in cash is joining already
14:38 Thanika : all green
14:40 Sandip : spot making new highs in nifty
14:40 Uttam : BN joins in new highs
14:40 Uttam : boom boom
14:40 Shai : 118.6- (14:13) Shai : 30600 call for 119
14:40 Boppanna : Go Uttam go 🙂 14:30 Uttam : another look up above 30700 in spot BN can tag that vpoc of 30773
14:41 Uttam : 30723…50 more
14:41 Shai : profit booking of yesterday 525k plus- (14:33) Dhaval : Day COT is negative in nifty and banknifty and market is making high? why?
14:42 MJ : when btfd is ordered no messing. 🙂 30500 ce 117 to 204
14:42 Sandip : 58-78…removed 75 % in 11700 CE
14:42 Uttam : nice 🙂 congrats guys
14:42 Jitender : BoP 30.5ce 121-191
14:42 Jitender : congo 2 all
14:42 Uttam : super Jit 🙂
14:42 MJ : Cheerrio.
14:42 Dhaval : ok thank you 14:41 Shai : profit booking of yesterday 525k plus- (14:33) Dhaval : Day COT is negative in nifty and banknifty and market is making high? why?
14:43 Uttam : supply still coming in both
14:43 Rushabh : no breakout of composite right
14:43 Himanshu : Jit -congrates
14:43 Jitender : tx guys
14:43 Narendra : Congrats
14:44 Thanika : supply coming.. bulls probably taking rest 🙂
14:45 Shai : nic eround of selling from 30726
14:45 Shai : 30600 call can do 120 again
14:46 Shai : cmp 92 sl 60 tgt 120/ 154
14:46 Thanika : bulls back again in cash
14:47 MJ : Wants pdh?
14:47 Sandip : finally touched 80…all out
14:48 MJ : Cheers sandip 🙂
14:48 Narendra : Congrats Sandip
14:48 Thanika : yesss…
14:49 Sandip : thx guys
14:49 Shai : 11800 call lottery
14:49 Shai : NF can do 11850
14:49 Sandip : Thanika also made money +1
14:49 Uttam : boom boom
14:49 MJ : now going for monday high
14:49 Thanika : lottery out at 9rs 🙂
14:50 Shai : Buy BNF 30700 sl of 30595 tgt 30820.
14:51 Thanika : Shai, bulls got your morninglevels, 11820+
14:51 Uttam : (14:46) Thanika : bulls back again in cash….bulls are active from morning & dominating too 🙂
14:52 Shai : +1
14:52 Jitender : 30.7pe 89-18
14:52 Rushabh : shai we breaking out of comp?
14:52 Jitender : superp day
14:53 MJ : +1
14:53 Thanika : yes, Uttam, after every attack by bears.. (14:51) Uttam : (14:46) Thanika : bulls back again in cash….bulls are active from morning & dominating too 🙂
14:53 MJ : 3 really amazing days with loads of learning.
14:53 Uttam : (14:30) Uttam : another look up above 30700 in spot BN can tag that vpoc of 30773…30733 high so far 40 more to go
14:53 Shai : not yet- (14:52) Rushabh : shai we breaking out of comp?
14:54 Rushabh : okay
14:56 Shai : exit from the BNF in profits at 30745 cmp .
14:57 Shai : those who want to hold 30700 sl
14:57 Shai : 123- (14:45) Shai : 30600 call can do 120 again(14:46) Shai : cmp 92 sl 60 tgt 120/ 154
14:57 Sandip : Cot in NF at 3 lac -ve for now
14:57 Shai : 11850 would still come
14:58 Uttam : 30750 BN spot 24 more
14:59 MJ : 11888 vwap of 23 may composite
14:59 MJ : https://mplite.vtrender.com/?symbol=NIFTY&startDate=23-05-2019&nDays=31&tpo=6&isComposite=1
15:00 Shai : @tina stop the caps, messages auto delete
15:00 Himanshu : Uttam – Bhai saab – 30550 ke upar to 500 points open hai
15:00 Shai : F climbed in BN, spot lagging now
15:00 Shai : all thanks to weekly options
15:00 Shai : 30600 stil 118 and F made new highs
15:01 Vishal : 30700 ce in disount
15:01 Shai : 30800 call a lottery
15:01 Shai : see F going to 30900
15:01 Uttam : 30774 on your screen guys
15:01 Sujeet : abve 11810 noe 11848
15:01 Sujeet : boom
15:01 Shai : trade in
15:01 Shai : BNF for 30900
15:02 Shai : cmon
15:02 Uttam : yes spot 30870 next above 30775 if sustains
15:02 Shai : (14:49) Shai : NF can do 11850
15:02 Uttam : +1 Shai
15:03 Shai : (14:57) Shai : 11850 would still come
15:03 Uttam : pleayed monthly 11750ce from 90 to 114 & 132
15:03 MJ : Shai /\
15:03 Rushabh : shai bnf sl now?
15:03 Shai : prem gone again BNF
15:03 Shai : need 30900 F
15:03 MJ : VWAP>> IBH kinda day.
15:03 Azmath : Awesome Shai.. perfect Trend day today
15:03 Shai : 30700 still sl
15:03 Rushabh : alright
15:04 Sandip : nice + 1 Shai
15:04 Rushabh : charts lagging?
15:04 Azmath : Jit Thank you _/\_
15:04 Sandip : bought small pe at 22 ..11850
15:04 MJ : Sandip that 11800 pe stayed below vwap through the day, 🙂
15:04 Sandip : just scalping 10 pts
15:05 Shai : exit if in BNF longs
15:05 Shai : spot prem mismatch again
15:06 Shai : suckers won;t let us trade in peace on thurs noon
15:06 Anubhav : finally
15:06 Govind : Bye guys
15:06 Anubhav : back to senses lol
15:06 Sandip : squared off in 8 pts
15:07 Sandip : bulls quite aggressive
15:08 Rushabh : shai heading to 11920 vpoc?
15:08 Maheshwar : shai nifty day cot is negative all day thn how it is keep getting higher
15:10 Shai : Maheshwar what was the COT yesterday?
15:10 Thanika : now it is super BULL 🙂
15:10 Jitender : (10:58) Jitender : if its a trend day…repeat trend day..ten u will hv 2 ignore COT
15:10 Sujeet : 5.5 lkhs almost
15:11 Rushabh : Jit just for the day right?
15:11 Jitender : yh
15:11 Shai : (13:56) Shai : yes looks good for upsides(13:56) Shai : yesterdays COT was 525K plus this is onlt 50% booked
15:11 Rushabh : thanks
15:11 Jitender : +1
15:12 Shai : Guys again I repeat, COT is continuous because al people are not intra day traders, lots of traders carry positions , so try to look into previous days also for a cleaner view
15:12 Jitender : yup
15:13 Shai : BF set for 11904 tom
15:13 Shai : NF**
15:14 Vishal : traded 30700 ce at 52.15 and got out at 73
15:14 Rushabh : shai can btst?
15:15 Jitender : congo Vishal
15:15 Shai : sl is deep at 11910
15:15 Shai : 11810*
15:15 Shai : Congrats Vishal
15:15 Rushabh : spike low?
15:16 Shai : yes
15:16 Rushabh : alright
15:16 Thanika : ok, now cash given to bearns,, all reds
15:16 Vishal : Thanks
15:16 Himanshu : I sold my 11800CE bought at 2 Rs at 4.30 so that it can move higher
15:17 Jitender : 🙂
15:17 Himanshu : because i knew – unless I sell will not be scene of crime today ..
15:17 Rushabh : shai mean reversion took place today, so lloking to tag vpoc?
15:17 MJ : We will remember you for your kind heart Himanshu. Thanks 🙂
15:18 Himanshu : Yes _
15:18 Shai : at 2.45 from 10 to 29 cmp 24- (14:49) Shai : 11800 call lottery
15:18 Sujeet : 3 times
15:18 Himanshu : Saab Ka Saath Saka Vikas
15:19 Jitender : uTTAM MARUTI 65CE 83-184
15:19 Azmath : from 2 to 25 in this Shai.. one good trade 15:18 Shai : at 2.45 from 10 to 29 cmp 24- (14:49) Shai : 11800 call lottery
15:19 Jitender : oops
15:19 MJ : AZ lovely.
15:20 Uttam : nice Jit I have no doubht that you will open a Nexa showroom soon from the monry you make in trading Maruti 😉
15:20 Jitender : prabhu
15:20 Jitender : only rozi roti
15:20 Jitender : gaadi aapse leyenge
15:20 Thanika : lol, Jit 🙂
15:21 MJ : Bye everyone, see you tomorrow.
15:21 Jitender : but 2 b honest…it was a TV trade as i wasnt lookn at longs tere
15:21 Thanika : may be longs exiting in cash mkt, all reds
15:21 Uttam : BNF negates the weekly FA of htis week so is now up for a 1atr move higher from 30663 on weekly
15:22 Uttam : spot 30625 needs to hold now on any dips
15:22 Uttam : seems so far away now
15:22 Vishal : I made twice what I have paid for subscription, on the first day. But need to understand it, lot different from Bar charts. Thanks Guys
15:23 Uttam : yes Vishal it could be beginners luck so please make sure you undersand the concepts
15:23 Thanika : +1 Vishal
15:23 Uttam : and manage risk
15:23 Vishal : Yep, beginer in MP & OF
15:23 Jitender : jet 100% up
15:23 Thanika : +1
15:23 Jitender : frm DL
15:23 Uttam : whoooo ab Jet loge Jit 😉
15:23 Narendra : look at jet airways ….. low 26.55 and now at 73
15:24 Uttam : @Thanika see NF high, above hvn of 11795 next hvn of 11868 came into play
15:24 Uttam : 11863 hihg
15:24 Uttam : if we get above 11868 we have 11922 & 11979
15:24 Jitender : Uttam 🙂
15:24 Thanika : yes, i am seeing that in awe! 🙂
15:24 Uttam : its called MP magic 🙂
15:25 Rushabh : jit jet is 82 from 26! 4x
15:25 Thanika : it is great!
15:25 Uttam : yes it is +100
15:25 Jitender : ys Rusabh now 120% up
15:25 Jitender : look at kast 7 mins
15:25 Jitender : last
15:25 Rushabh : insane moves
15:25 Rushabh : weekly option like
15:26 Rushabh : 50-80 in 5 min
15:26 Uttam : NF negates Monday’s Trend Day down in style with a big trend day up today
15:27 Jitender : one lo in jet wud have gvn 90k ..if bought at lows 2day
15:27 Rushabh : uttam tomorrows close matter right?
15:27 Jitender : lot
15:27 Uttam : seems we have made a decisive move today Rushabh
15:27 Uttam : from this week’s balance
15:27 Jitender : ys
15:27 Rushabh : plr up?
15:28 Jitender : Shai’s 400 move
15:28 Uttam : need to stay above 11830-815 now
15:28 Uttam : BNF stalling at prev weeks VAL
15:28 Sandip : good day guys..well done
15:28 Rushabh : spike low of 11810 should be protected
15:28 Sandip : seeya tomorrow
15:28 Uttam : above 30830 can tag 31k tom
15:29 Uttam : thanks guys 🙂 have a lovely evenign
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:30 Thanika : bye all 🙂 great day!
15:33 Narendra : it was a great day
15:33 Narendra : bye
15:35 Tina : yesterday nf 11861 came today / bnf came today 30700 30800. 30950 pending tomorrow
15:35 Tina : good day !!
15:36 Himanshu : Bye all Thanks
15:36 Uttam : congrats Tina / Thanika / Narendra

Order Flow charts dated 20th June

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

09:19 Shai : (09:19) Shai : Update – Book half of the NF longs at 11781 F here . Hold the puts will uodate

09:27 Shai : (09:27) Shai : Exit from the 11700 pe at 14 here

09:41 Shai : (09:41) Shai : Intra – Buy 30600 put at 145 sl of 110 tgt 225

10:04 Shai : (10:04) Shai : Exit from the 30600 PE at 142 near cost here

10:18 Shai : (10:17) Shai : Intra – keep a short open in BNF below 30575 sl of 30669 tgt 30480. cmp 30610 . short below.

11:19 Shai : (11:19) Shai : Uodate – Book fully the NF longs at 11760 here

11:45 Shai : (11:45) Shai : BNF tgt 1 done. Book half here and ride at cost for 30400

11:47 Shai : (11:47) Shai : Book the BNF fullt 30510

13:14 Shai : (13:13) Shai : Intra – short BNF 30510- 515 sl of 30622 tgt 30375.

13:29 Shai : BNF at 30468 now. Book half here and ride at cost some

13:34 Shai : (13:34) Shai : Update – exit the balance qty in BNF


08:59 Sumesh null : gm all
09:03 Shubro : GM all
09:04 Shai : GM all
09:04 Sumesh null : sgx nifty 11740
09:04 Narendra : Good Morning
09:04 Sujeet : gm all
09:04 Thanika : GM all
09:04 Sujeet : sgx was 11780 ystrday..lets get it dne today
09:05 Sumesh null : any news in morning
09:05 Sumesh null : global markets positive
09:05 Shai : https://vtrender.in/market-profile-analysis-dated-18th-june/
09:08 Himanshu : gmall
09:08 Yogesh : GM….all
09:08 AN : GM all
09:09 Ashutosh : GM all
09:09 Anubhav null : gm
09:13 Deepak : GM
09:13 Maheshwar : GM all
09:17 Uttam : Good Morning All 🙂 been a fight getting into the room today 😉
09:17 Govind : Hypo A done
09:17 Sandip : GM All
09:18 Amit : GM
09:18 Uttam : multiday FA confirmed in both NF & BNF at 11657 & 30200
09:18 MJ : Mumbai local vibes Uttam 🙂
09:18 Uttam : 1atr comes to 11787 & 30685
09:19 Shai : Update – Book half of the NF longs at 11781 F here . Hold the puts will uodate
09:19 Govind : NF F premium is also up
09:19 Sandip : +1 Shai
09:20 Uttam : boom boom
09:20 Tina : so nf almost 11800
09:20 Uttam : could tag that here
09:21 Uttam : nice one Tina 🙂 +1
09:21 Sandip : @shai can bnf move till30690?
09:22 Govind : 2.5 DT done…better than y’day
09:22 Uttam : someone needs to inform SGX that we have opened 😉
09:22 Govind : Thanks Shai
09:22 Uttam : nice Govind 🙂 congrats
09:22 Govind : Thanks Uttam
09:22 Uttam : SGX still at 11741
09:22 Shai : 30667- (09:21) Sandip : @shai can bnf move till30690?
09:24 Sandip : Thx Shai
09:26 Govind : Bye guys, see you all at 2pm. Have some work.
09:27 Shai : Exit from the 11700 pe at 14 here
09:28 Uttam : 11800 here
09:28 Rushabh : +1
09:29 Shai : low at 11745 F is secure from OF perspective now
09:29 Shai : 11837F possible
09:29 MJ : 0’s galore at lows.
09:29 Jay N : can 11700 ce touch 135??
09:29 Anubhav null : pre budget rally
09:29 Sandip : nice
09:30 Shai : sone 1 booked
09:31 Uttam : yes 1L red
09:31 Shai : 1L longs
09:31 Sandip : 1.5x Dt done
09:31 Uttam : nice Sandip 🙂 congrats
09:31 Sandip : Thx Uttam
09:32 MJ : Nifty spot tags 23rd may onwards composite VAL.
09:32 Jay N : congrats
09:32 Sandip : @Shai, what was the reason for that positional?
09:32 Rushabh : mean revert to vpoc?
09:32 Uttam : we are into this week’s selling tail
09:32 Shai : 138 possibkle – with 87 TSL now – (09:29) Jay N: can 11700 ce touch 135??
09:33 Jay N : may i know how much is 1 dt ???
09:33 Jay N : TY (09:32) Shai : 138 possibkle – with 87 TSL now – (09:29) Jay N: can 11700 ce touch 135??
09:33 Anubhav null : spike low testedin nf
09:34 Maheshwar : is ths rs in nf at the top
09:35 Uttam : yes Maheswar but today’s context is that we have a drive away from 2day balance to these could be more of longs booking
09:35 Uttam : try to see how good a follow up this 1L guy gets
09:36 Uttam : 11879 can come today Shai if sustains above 11830?
09:36 Uttam : trifecta in NF
09:36 Sandip : looks pretty strong Uttam, 11850 atleast
09:36 Maheshwar : ok uttam
09:37 Uttam : yes Sandip 14L vol in first 15 mins
09:38 Sandip : when is budget btw?
09:39 R Goel : 5th jul
09:40 Sandip : thanks RG
09:40 Pradeep null : hi i am new subscriber. yday i exited the same sl but i saw the pe exit msg
09:41 Uttam : hi Pradeep did you exit 50% longs?
09:41 Pradeep null : no sir i tree only 1 lot
09:41 Shai : Intra – Buy 30600 put at 145 sl of 110 tgt 225
09:42 Narendra : what a timing ….. just bought that and you gave the call Shai Sir
09:42 Narendra : I am in at 140
09:43 Shai : @Sandip check the day highs in BNF and the COT there
09:44 Uttam : +100 Shai
09:44 Uttam : 16k red came in there too
09:44 Uttam : with RS at 30650
09:44 Shai : +1 Narendra
09:44 Sandip : OI buildup in Nifty PE strikes 11700,11750 and 11800..is quite strong…if we hold 11770.. this could hot 11850
09:45 Tina : 11861 anyone
09:45 Shai : @pradeep if you exited good – But in future wait for the message and never trade positionals on ticks
09:45 Pradeep null : ok sir
09:46 Shai : test of 30520 expected in BNF
09:47 Shai : The Buy in NF was yesterday. The village is coming to buy now and the smarties are selling to them
09:48 Sujeet : super
09:48 Anubhav null : reds at vwap
09:48 Shai : they will push the late longs out and buy the dip
09:49 Sandip : +1 Shai
09:49 Maheshwar : can it fill the gap
09:49 Sandip : Shai what was the reason to buy NF yesterday?
09:49 Shai : posted on Market Profile thread
09:49 Shai : + COT
09:51 Sandip : checking it out now, thanks
09:54 Uttam : BNF takiing sup at that 30585-560 zone where it was resisting last 2 days
10:00 Anubhav null : hmm
10:04 Anubhav null : vwap defended so far
10:04 Shai : Exit from the 30600 PE at 142 near cost here
10:05 Anubhav null : c ext up?
10:05 Shai : vwap defended
10:05 Shai : so one look up may come
10:14 Sumesh null : charts?
10:17 Shai : charts up?
10:17 Sandip : yes Shai
10:17 Shai : Intra – keep a short open in BNF below 30575 sl of 30669 tgt 30480. cmp 30610 . short below.
10:18 TP : GM All.
10:18 Shai : the 30600 pe needs to cross 162 for a better move up
10:19 Uttam : +1 Shai
10:19 Uttam : played that pe from 145 to 159 & had placed fresh order above 168
10:22 Narendra : i too exited at 160 ….. (140-160)
10:24 Uttam : nice Narendra +1
10:24 Boppanna : +1 10:18 Shai : the 30600 pe needs to cross 162 for a better move up
10:28 Uttam : BNF staying above PDH
10:28 Uttam : (09:54) Uttam : BNF takiing sup at that 30585-560 zone where it was resisting last 2 days
10:29 Himanshu : Uttam _ cot in C for NF is positive slowly cutting negative at this rate 1.-1.30 can be claiming IBH ?
10:30 Shai : pause time at vwap dpoc
10:30 Shai : market advertsiing opportunity again
10:31 Uttam : back above vwap means could force the morning shorts out?
10:31 Shai : looking to get a quick short trade below vwap only
10:31 Shai : if it comes that is
10:31 Uttam : +1 Shai
10:31 Shai : not looking at shorts abv vwap
10:31 Yogesh : (10:30) Shai : market advertsiing opportunity again…….for long (to trap late commers)
10:31 Uttam : today then just a OA Shai no drive?
10:31 Shai : B did not cross A so no drive
10:32 Uttam : yep plus vwap gave way too soon
10:32 Himanshu : Chief -n BNF COT table – will u please check ?
10:32 Himanshu : think some eror ion COt and day cot
10:32 Shai : the smartest felow is at 11811 . he sold into strength and too off
10:32 HPandey : shai day COT -ve so yesterday long booking out?
10:33 Shai : yes Himanshu
10:33 Shai : if it was new sells we would have broken vwap by now
10:33 Shai : from OF point of view we see an RS at 11811 but no IS
10:34 HPandey : okkk…thnks a lot shai
10:34 Uttam : (10:32) Himanshu : Chief -n BNF COT table – will u please check ? it is right na?
10:35 Himanshu : see A – DAy cot is 177040 ( _ve) Ok
10:36 Himanshu : now B cot is also – 52k so shall become 222 K ( -ve) in B
10:36 Himanshu : but is showing less
10:36 Uttam : that is yesterday cot -177040
10:36 Himanshu : whereas – NF is showing correct
10:36 Himanshu : yes now we carried fwd that now
10:37 Uttam : COT starts afresh daily
10:37 Himanshu : ok so startrng point is B then
10:38 Uttam : check A period on top of bar and in box matches
10:39 Uttam : boom boom coming?
10:39 Himanshu : ok will chat later on thsi
10:39 Uttam : let it come in D
10:39 Himanshu : still have confusion
10:40 Himanshu : check A box in NF is -185250 – same reflects in table at bottom in ay cot
10:40 Himanshu : same way check in BNF
10:41 Himanshu : box in a says – 52650 – whereas day cot says -177040
10:41 Uttam : it is -52560 in both
10:41 Uttam : you are watching yesterdays last box values
10:41 Himanshu : no
10:41 Sandip : some writing in 11800 CE also, but for now Pe writing at that strike much greater
10:42 Himanshu : tehn table alignment is issue
10:42 Uttam : I am able to see it fine both in room as well as goto link
10:42 Himanshu : velow A i see Volue – 636160 – Nety delta -30440 COT 234440 – day cot -177040
10:43 Uttam : refresh it once
10:43 Thanika : below A i see 2294250 etc..
10:43 Himanshu : Bol shree uttam lal ki jai
10:44 Uttam : _/\_
10:44 Himanshu : is set now my daily bread so .. pls pardon queries
10:44 Sandip : Sree sree Uttam!
10:44 Uttam : y man Sandip DT over so leg pulling is it 😉
10:45 Sandip : haha…abhi auur Dt baaki hai mere dost 🙂
10:45 Uttam : 🙂
10:46 Thanika : in some Nifty50 cash mkt, big selling happening once at 10:16am and now at 10:45am
10:47 Sandip : How does one see selling /buying in cash mkt?
10:47 Sandip : Thanika?
10:47 Thanika : i have an Amibroker script to combine all the 50 stocks volume and tracking that as MoneyFlow
10:48 Uttam : cool
10:48 Sandip : ok, nice concept
10:48 Uttam : and how do you identify selling and buying?
10:48 Sandip : Money flow up/down I suppose
10:49 Thanika : just using money flow basics based on the OHLC, bear volume/bull-volume formula .. not accurate as OF
10:49 Uttam : C period done so now D mein dhan dhana dhan ?
10:50 Thanika : +1 (10:48) Sandip : Money flow up/down I suppose
10:50 Rushabh : premium spiked?
10:51 Chetan Panchal : D period makes moves . Is it an obervation ?
10:52 Sandip : At one point I used to prefer MFI above everything..but realised nothing is better than orderflow…although making MFI with esignal tick data would be a superb dream come true 🙂 🙂
10:52 Uttam : yep D needs to extend to compliment the A period singles & this move away from the 2-day balance
10:53 Chetan Panchal : for otfying ?
10:53 Uttam : we have had initiative activity in the mroning so they need to give a follow up else tai tai fish
10:54 Chetan Panchal : got it
10:54 Thanika : uploaded an image into the #random channel, just for more info
10:54 Uttam : thanks Thanika, will surely have a look
11:01 Uttam : greens in BNF
11:02 Uttam : 13k now
11:02 Thanika : one more cash mkt sell now, but the volume is lesser than previous 2 spikes
11:02 Uttam : shorts being forcd to quit looks like?
11:02 Uttam : 43500 in NF
11:02 Uttam : COT coming down in both
11:03 Thanika : Cash mkt sell continuing… looks like a sustained sell each minute
11:05 Thanika : big spike alert…
11:05 Uttam : BN Spot had a previous balance from 30698-30773-30870
11:05 Rushabh : broader market gave up all gains
11:06 Boppanna : 30600pe dip and bounce
11:06 Shai : BNF sell active
11:06 Uttam : yes Shai
11:07 Thanika : +1
11:08 Azmath : Super Thanika, timely spike alert
11:09 Shubro : massive Thanika good call +1
11:10 Shai : +1- (11:03) Thanika : Cash mkt sell continuing… looks like a sustained sell each minute
11:10 Uttam : TSL for pos long will be at cost now Shai?
11:11 Shai : expecting 11745 to hold and some greens let’s see
11:11 Uttam : ok Shai +1
11:11 Shai : BNF was not in the mood sicne open
11:11 Thanika : Thanks all, more on … good call Shai. i had a trigger sell on BNF below your level..cool 🙂
11:11 Uttam : yes nice one Thanika 🙂 +1
11:12 MJ : To the T.
11:12 MJ : 🙂
11:12 Chetan Panchal : this can be IAB
11:13 Boppanna : Now if 540 can move aside in BNF can be quick IMO
11:14 Shai : (09:47) Shai : The Buy in NF was yesterday. The village is coming to buy now and the smarties are selling to them
11:15 Shubro : grand call Shai take a bow man
11:15 Uttam : +100
11:15 Shubro : avenged yesterdays monkey moves
11:15 AN : _/\_
11:15 Sandip : +1 Shai
11:15 Azmath : Shai _/\_
11:15 Shai : all that late long floored at vwap
11:17 Maheshwar : going to fill nifty spot gap
11:19 Shai : Uodate – Book fully the NF longs at 11760 here
11:19 Narendra : Sold 11900CE Monthly @ 40.65 with day high as stop loss (46.30) ….. covered fully at 34.80 …. will be waiting on the sidelines now
11:20 Shai : still no buyers
11:20 Himanshu : rather big red
11:20 Himanshu : Chief – Whattta cal
11:20 Yogesh : big red in NF
11:20 Uttam : entered 11800pe at 55 booked 50% at 69 now holding rest at cost
11:20 Shubro : that Shai and Thanika alert gave 2 DT
11:20 Yogesh : may be SL
11:21 Shubro : reserving 2 beers
11:21 Himanshu : till that 100k – Seller of 10815 coveres –
11:22 Boppanna : Shai 225 on this possible? 10:24 Boppanna : +1 10:18 Shai : the 30600 pe needs to cross 162 for a better move up
11:22 Shai : more reds in NF
11:22 Yogesh : ok
11:22 Shubro : aiyoo look at NF
11:22 Shai : 11708 may come below 11745
11:22 Yogesh : Shai….is it fresh sellers or SL?
11:22 Uttam : 11760 was morning green band
11:22 Shai : niw fresh sellers
11:22 Yogesh : ok
11:22 Uttam : BNF not yet joined full fledge
11:23 Yogesh : Shai….. can we fresh short postion n. VWAP?
11:25 Rushabh : no follow thru on that -1.2 lac bar?
11:25 Yogesh : yes
11:25 Sujeet : vwap test
11:25 Yogesh : or may be profit booking?
11:26 Sandip : looks like this could be a repeat of yesterday
11:27 Sandip : this last 52k red was a profit booker
11:28 Sandeep : Shai – What made u change your view before 11745 was tested ? – 11:11 Shai : expecting 11745 to hold and some greens let’s see
11:29 Uttam : morning 0s there Sandeep
11:29 Rushabh : no greens
11:30 Thanika : Cash mkr after some pause, reds showing up again
11:30 Sandeep : But expectation was greens at 745 right ?
11:30 Shai : COT Sandeep
11:30 Uttam : 4L negative COT
11:30 Sandeep : Ah ok tx
11:31 Uttam : just like how BNF was holding PDL before NF doing it now
11:32 Hardik Jikkar : PDH*
11:32 Natarajan : you mean PDh
11:33 Uttam : prev day high
11:33 Thanika : wow, good sell in Cash, across all 50
11:34 Uttam : NF gone
11:34 Shai : 11708 coming
11:34 Rushabh : shai if short then sl?
11:34 Uttam : 11800pe can tag 118 Shai?
11:34 Shai : 11785 F
11:35 Rushabh : thanks shai
11:35 Rushabh : shai greens here
11:35 Boppanna : knock knock BNF
11:36 Uttam : yes Bops please break that door 😉
11:36 Shubro : to at54 morning 1 lac partial?
11:36 Shubro : *that
11:36 Boppanna : Bugger not giving up 11:13 Boppanna : Now if 540 can move aside in BNF can be quick IMO
11:36 MJ : Yes Shubro. That 54k.
11:38 Hardik Jikkar : hdfcb holding BNF. Lets see for how long!!!
11:38 Uttam : Shai option charts showing only 11800ce in both screens
11:38 Thanika : N50 selling…
11:39 Shubro : ok here we go…
11:39 Shubro : again
11:40 Shai : 11800 pe now on screen
11:40 Shai : 82 to 113 on the 11800 pe sl of 58
11:41 Uttam : thanks Shai will change TSL to 58
11:42 Rushabh : broader mrkt crushed
11:42 Uttam : Nifty spot back at that 11720 level
11:43 Himanshu : bopp – what did u do in bnf
11:43 Himanshu : is now below 540
11:43 Shai : BNF has to give me 30400 now for making me wait
11:43 Himanshu : yes true that
11:43 Uttam : loo Shai bring it on
11:43 MJ : Daya darwaja tod do.
11:43 Boppanna : +1 Shai
11:43 MJ : cheers bopp.
11:43 Shai : 98- (11:40) Shai : 82 to 113 on the 11800 pe sl of 58
11:44 Uttam : booked all at 105
11:44 Uttam : 55 to 105
11:44 Shai : 30465
11:45 Shai : BNF tgt 1 done. Book half here and ride at cost for 30400
11:45 Sandip : made 1.5 dt more + 1 Thanika and Shai
11:45 Boppanna : 225 and out 11:22 Boppanna : Shai 225 on this possible? 10:24 Boppanna : +1 10:18 Shai : the 30600 pe needs to cross 162 for a better move up
11:45 Shai : 11715- (11:34) Shai : 11708 coming
11:45 Uttam : crazy
11:45 Shubro : 3 DT today perfect trades
11:46 Thanika : interesting to see… not much buy in N50 yet
11:46 Boppanna : Congrats guys
11:46 Shai : Trust the COT :)- (11:22) Shai : more reds in NF
11:46 MJ : +1
11:46 MJ : Shai.
11:46 Boppanna : +100 Shai
11:46 Thanika : finally.. someone shwoing up
11:46 Uttam : yes Sir +100
11:46 Thanika : carefull could reverese now
11:46 Himanshu : exited shai at 484
11:47 Shai : Book the BNF fullt 30510
11:47 Himanshu : all in BNF so far will enter on faliure at 575
11:47 MJ : Shai spot VAL tagged for the comp we checking, Couldn’t go beyond it and had 1L reds. Topped with COT.
11:47 Shai : Everyone around was going long from the open, COT told us to keep looking for shorts and keep booking existing longs
11:48 Shai : KISS
11:48 Himanshu : yes
11:48 Shubro : masterclass today Shai
11:48 Shai : 105 done – (11:40) Shai : 82 to 113 on the 11800 pe sl of 58
11:48 Rushabh : shai if short in nf hold?
11:49 Shai : respect the COT which is the biggest sentiment indicator and the account will be happy
11:49 Himanshu : was short 30500- 300 PE on that 815 100 K exited – thugh BNF spot showed promise till 30699 was watchin that but BNF F did not show up as you said
11:50 Himanshu : 815 seller had 715 kissed – 1pp points nit – can we figure he covered
11:51 MJ : Himanshu 57975+42450 greens Can you see? I suspect that is the 1L guy.
11:52 Boppanna : Perfect Read Shai kudos11:47 Shai : Everyone around was going long from the open, COT told us to keep looking for shorts and keep booking existing longs
11:53 Himanshu : MJ- 57975 at IBL 745 and later 42450 at 720 #
11:53 Himanshu : could be
11:55 Thanika : Big Sell bar in Cash again..
11:56 Himanshu : Thaika – why are you selling so much ?
11:57 Thanika : 🙂 .. looks like there is a fight now.. will wait
11:57 Himanshu : better cause they have enouh cash to buy low now
11:58 Himanshu : more they sell in cash at higher they have more liquidity to buy calls for tyom expiry
11:59 Rushabh : BN seller also covered at bottom?
11:59 AN : excellent reading Thanika about a possible reversal (11:46) Thanika : carefull could reverese now.
11:59 Rushabh : that 15k
11:59 Yogesh : yes
11:59 MJ : A period seller.
11:59 MJ : 1L and 16k came together.
12:00 Rushabh : them giving good moves
12:01 Rushabh : Shai the COT has spoiled the party for mean reversion?
12:01 Himanshu : NF profile is bigger than BNF profile so far
12:04 Himanshu : Some astro gyan
12:04 Himanshu : after 5 decades major planets are at 24’@ conflunce
12:05 Shubro : so thats balance right Himashu?
12:05 Shubro : sorry Himanshu
12:05 Himanshu : which is why moevemnt in prices of all commodities, instruments can move – with higher volatility
12:06 Himanshu : let say instead of 45 degree moves – at low vix – which is common
12:06 Himanshu : we might see more volatility even with low vix
12:07 Himanshu : so intraday moves with low vix caan be 500+ points in BNF and same way in Nf
12:07 Himanshu : or else if u check at such low vix in 2017 – we had trending amrket
12:08 Sujeet : 30400 still on
12:10 Narendra : kotak is holding …… if that participates on downside then 30400 is possible
12:11 Himanshu : Jet airways is spoiler for banks
12:11 Himanshu : as all these pcj, jet, zee, ibull – dhfl
12:12 Himanshu : are denting now all banks – and even AMC
12:13 Himanshu : all the queris on tab 2 have dried up – is indiatir itself
12:14 Rushabh : shai’s 20th date is tomorrow
12:16 Himanshu : what is indicated on 20th
12:16 Himanshu : will you please throe light Rushabh
12:16 Himanshu : was not aware
12:17 Himanshu : (12:14) Rushabh : shai’s 20th date is tomorrow
12:17 Rushabh : not sure abt the date but shai did say no big moves till then
12:18 Himanshu : Ohk
12:18 Anubhav null : bot giving sells
12:19 Anubhav null : yvwap holding
12:20 Anubhav null : below it ylow can come
12:20 Thanika : good sellers again in N50…
12:22 Narendra : Shai Sir more downside only if we go below 11690?
12:23 Thanika : @Uttam: 11800 CE is not making new lows , is this due to VIX?
12:25 Anubhav null : fresh shorts below 11710 only i think
12:26 Anubhav null : gone
12:26 Rushabh : greens
12:26 Yogesh : 75green
12:26 Sandip : one more dt added thanks to heatseeker
12:26 Shubro : yaay Sandip
12:26 Shubro : good day
12:27 Himanshu : chief can we golong in NF hee with 650 SL for positional
12:27 Rushabh : both in bnf and nf together
12:27 Shubro : is this turning into a trend day Shai?
12:27 Shubro : for NF especially
12:28 Shubro : Jit baba u there?
12:28 Boppanna : 18k red at DL
12:28 Boppanna : BNF
12:28 Shubro : auction looks complete in NF now SHai?
12:29 Sumesh null : reversal?
12:29 Yogesh : Uttam…..looking like reversal?
12:29 Shai : BNF not yet
12:29 Shai : NF another 76k booked
12:29 Shubro : oooo ok
12:29 Shai : BNF has to do 30400 still
12:30 Yogesh : : NF another 76k booked…….short bookd?
12:30 Rushabh : shai is the mean reversion for NF still on?
12:30 Shai : was expecting 11837 for the mean reversion or 11810 spot – that big guy stopped it @Rushabh
12:31 Rushabh : Oh, so move is done for now?
12:31 Shai : they shoukd come at the lows again to buy
12:31 Shai : let’s see
12:31 Rushabh : alright thanks shai
12:32 Anubhav null : nf heading towards ibl again?
12:35 Shubro : Shai that morning big guy covered withat 76k/
12:36 Jitender : DL=420 of bnf yday 🙂
12:36 Shubro : Jitttteeee
12:36 Shubro : u back or were watching?
12:36 Jitender : tradn 🙂
12:36 Shubro : naise
12:37 Shubro : Jit whats the ref level to watch for upside?
12:37 Jitender : 485-540
12:37 Shubro : yeaand NF?
12:37 Jitender : 740
12:38 Shubro : coolios thanks
12:38 Shubro : we are back at at that 740 again …
12:39 Jitender : ibulls n yes bank caused tis slide…kotak defendn
12:41 Jitender : Shai…Wed setup intact ?
12:41 Himanshu : (12:36) Jitender : DL=420 of bnf yday 🙂
12:43 Himanshu : Jit you mean here
12:43 Himanshu : till 420 is intact we r ok..
12:45 Jitender : below it 420-354-240-hallelujah
12:45 Boppanna : 🙂
12:45 Uttam : (11:34) Uttam : 11800pe can tag 118 Shai?…high so far in this PE 118.7
12:45 Anubhav null : nice
12:50 Himanshu : NF Spot Gap filled – of morning
12:52 Jitender : +1
12:53 Himanshu : BNF spot Gap can be filled with 393-400
12:53 Himanshu : in spot – can scratch I guess that
12:54 AN : jit, 500/420 ref for long /short?
12:54 Jitender : (12:37) Shubro : Jit whats the ref level to watch for upside?(12:37) Jitender : 485-540
12:55 Jitender : 420-470 no tradezone fr me
12:55 AN : thx
13:00 Thanika : looks like in Cash mkt, Retail getting trapped, with every green spike, lot of sellers slowly for 5 bars…. now the green spike is strong
13:00 Sandip : NF stuck between 11700-11800
13:01 Thanika : me too belive so for expiry.. (13:00) Sandip : NF stuck between 11700-11800
13:06 Jitender : scalped 30.4ce 195-171…at 540+bnf
13:06 Boppanna : +1 12:37 Jitender : 485-54012:37 Jitender : 740
13:06 Sandip : +1 Jit
13:06 Thanika : +1 Jit
13:07 AN : +1
13:11 Jitender : +1 guys
13:12 Anubhav : nf still to tag vwap ..bnf already done
13:13 Shai : Intra – short BNF 30510- 515 sl of 30622 tgt 30375.
13:14 Shai : NF for lows again also sl abv 11752
13:25 Sandip : @ Shai is this double distribution? with chances of triple distribution ?
13:26 Sandip : in NF?
13:28 Boppanna : Someone push that 30400pe above 112
13:29 Shubro : shoulder against it BOPS
13:29 Shai : BNF at 30468 now. Book half here and ride at cost some
13:29 Boppanna : +1
13:30 Shai : NF is the easier sell today
13:30 Shai : don’t undertand why BNF is not dropping as well 🙂
13:31 Shai : No still range bound in the 3 day composite – (13:25) Sandip : @ Shai is this double distribution? with chances of triple distribution ?
13:31 Sandip : Thanks Shai
13:31 Hardik Jikkar : bnf not dropping because of Kotak and HDFC. Both being stubborn
13:31 Anubhav : poc holding still in nf wants to go up
13:32 Shai : okay Hardik .Nice
13:34 Shai : Update – exit the balance qty in BNF
13:34 Boppanna : Thx Shubro but but a bigger shoulder pushed it back 13:29 Shubro : shoulder against it BOPS
13:34 Narendra : (12:10) Narendra : kotak is holding …… if that participates on downside then 30400 is possible
13:34 Shubro : that was a boulder Bops
13:35 Shai : + Narendra
13:36 Shai : Good to see the inputs from so many of you. Love the insights.
13:36 Shai : keep saying in the market, one person does not have all the answers, but if we help each other , skies are the limit for all of us.
13:36 Shai : Keep engaging
13:36 MJ : +100 shai
13:37 Uttam : true that Shai 🙂 more the merrier
13:37 Azmath : +1 Shai
13:37 Shubro : today Thanika rocked
13:37 Narendra : +1
13:37 Shai : +1
13:37 Shubro : Thanika please keep giving those inputs
13:37 Uttam : +1
13:37 Rushabh : shai can BNF surprise on the upside?
13:38 Shai : sellers in control below vwap with this red cot
13:38 Shai : they will keep selling at vwap
13:38 Thanika : will do, sure. I am still holding Shai’s sell… i still see lot of reds in Cash on every rise
13:38 Rushabh : alright
13:38 Shubro : wow okay good to know
13:38 Shai : looking at 11717 F as potentail candidiate for settlement tom
13:39 Rushabh : shai the date you mentioned is it 20th?
13:39 Shai : yes
13:39 Sujeet : Lokking fr 11660F tmrw
13:39 Rushabh : after tomorrow big moves?
13:41 Shai : You do for all N50 Thanika?
13:41 Sandip : same here..Shais sell is good at the moment
13:41 Shai : Futures also?
13:42 Thanika : I do for all N50, and attached tat to NF
13:42 Thanika : i can do that for Futures also, if needed
13:43 Shai : nice
13:43 Shai : you check change every 5 mins?
13:43 Thanika : i will add another script for N50F in this week and see if that gives some insigh as well
13:43 Uttam : he posted a 1min chart
13:44 Thanika : yes, i can do that every one minute as well.. for any timeframe.. I am using DataBull for this data, so 1 min is the least
13:44 HPandey : where uttam ?(13:43) Uttam : he posted a 1min chart
13:44 Uttam : on slack
13:44 Thanika : #ramdom channel
13:44 HPandey : okk
13:46 Shai : nice
13:48 Uttam : BNF moves now
13:49 Sandip : cant see charts of nf
13:49 Thanika : i am out now .. DT done
13:49 Sandip : +1
13:49 Shai : shoudk be back up
13:49 Sandip : yes back
13:50 Uttam : yes
13:51 Himanshu : chief – 30410 done – is ok now
13:51 Chetan Panchal : isnt Nifty P – short covering in opening and now b – accumulating at VAL of lst 2 days
13:51 Himanshu : can we see respite here ..
13:54 Thanika : Greens seems to be making up their mond now.. al least showing some interest consistently 🙂
13:54 Thanika : for the last 8 mins in Cash
13:55 Anubhav : poc acting as magnet again in nf
13:57 Chetan Panchal : M 11700 PE is rising
13:58 Thanika : bears are too strong ..
13:58 Sandip : nice
13:59 Govind : Boom
13:59 Rushabh : green
13:59 Yogesh : 74K SL
13:59 Yogesh : 00000 in between
14:00 Yogesh : SL / profit booking in short
14:00 Anubhav : shorts booking
14:00 Rajiv : someone protecting 30420?
14:01 Sandip : day over for me 3.5 DT in…2.5 dt today is thanks to the room and people in it 🙂
14:01 Govind : Congrats Sandip
14:01 Thanika : +1 Sandip!
14:01 Shubro : congo bro
14:01 Boppanna : Congrats Sanip
14:02 Sandip : thank you guys
14:02 Boppanna : &Sandip
14:02 Jitender : congo Sandip
14:03 Sandip : Thanks Jit
14:03 Himanshu : congrates
14:03 Himanshu : Sandip bhai,,
14:03 Sandip : Thanika the data that you get is tick data ?
14:03 Anubhav : some greens popping up
14:04 Uttam : congrats Sandip so now you cna start leg pulling 😉
14:04 Boppanna : Jit hallelejuh ?12:45 Jitender : below it 420-354-240-hallelujah
14:04 Jitender : 🙂
14:04 Sandip : 😉 Thx
14:04 Boppanna : Need to just dip below 380 now for that
14:05 Govind : More boom
14:05 Govind : Let’s see if yesterday’s low holds today in NF
14:05 Jitender : 354 (12:45) Jitender : below it 420-354-240-hallelujah
14:05 Thanika : big reds bar in N50 Cash
14:06 Govind : Uttam, NF cot is +ve in the last 3 5min bars, but NF going down….these are longs exiting?
14:06 Rushabh : great jit
14:06 Uttam : shorts booking in this move down Govind
14:06 Govind : oh ok.
14:06 Rushabh : shais buyers are here i think
14:07 Sujeet : 670 DONE ..
14:07 Sujeet : m done
14:07 AN : _/\_ Jit and Thanika.
14:08 Uttam : BNF is giving another weekly FA this week
14:08 Uttam : 30663
14:08 Jitender : wc
14:09 Govind : VIX above 15 now
14:09 Sandip : bought small ce at 72..11600..lesse what happens
14:09 Thanika : It says tick, but i can see only one minute data in DB.. so not sure.. it updates every second. .. (14:03) Sandip : Thanika the data that you get is tick data ?
14:09 Hardik Jikkar : Bearish Engulfing on its way
14:10 Sandip : Thanks bro
14:10 Senthilraman null : hai
14:13 AN : still more than 1 hr, stbr ?
14:15 Himanshu : think event of FOMC and etc- at very panic BTFD is better ..#
14:15 Himanshu : cause sharp recovery is possible –
14:15 Himanshu : if we remain in 23rd May profile ..
14:17 Sandip : out
14:17 Sandip : Out at 82 last scalp done(14:09) Sandip : bought small ce at 72..11600..lesse what happens
14:17 Narendra : 11600CE weekly ….. 71-81 ….. booked fully …. done for the day now
14:18 Sandip : Narendre mere bhaiii
14:18 Sandip : +1
14:18 Narendra : was holding it with a stop at 57
14:19 Sandip : mine was at 65
14:19 Narendra : but it was a good quick trade …… felt like fastest finger first in KBC
14:21 Thanika : good timing! 🙂
14:21 Govind : Premiums going up Sandip?
14:21 Narendra : Shai Sir if we break 11657 with volumes can we expect 11610 today itself?
14:22 Sandip : for NF ? premium reducing
14:23 Govind : ok
14:25 Anubhav : nf wants to go up to poc?
14:25 Anubhav : cot is turning
14:26 MJ : Shai expecting dpoc drop by close?
14:26 Anubhav : -360 to -160
14:27 Sujeet : sme greens
14:30 Shubro : BNF gonna dump again
14:30 Shubro : ?
14:32 Anubhav : damn
14:32 Shubro : hallelujah
14:33 Shubro : Jitte +100
14:34 Anubhav : 30200 bihi le aao ab to voi reh gaya
14:34 Shubro : yezzz
14:34 Shubro : ye lo
14:34 Shubro : DLOW ye low
14:34 Anubhav : lol
14:34 Anubhav : tht was quick
14:35 Shubro : BNF to do same cmon
14:35 Yogesh : 79k
14:35 Sujeet : finally 11660 done ..wow
14:36 Shubro : that was s hort booking out 79k?
14:36 Yogesh : looking like that only\
14:36 Yogesh : bocoz there is 0000000
14:36 Shubro : SL’s then more to come
14:36 Yogesh : any insight on that UTTAM?
14:38 Shubro : BNF trying for ylow?
14:38 Shubro : aur ek bar….
14:38 Sandip : nope
14:38 Yogesh : Yyday low 30200
14:38 Sandip : That isnt booking ka order
14:39 Shubro : SL
14:39 Sandip : 70% new buyer 30% SC
14:39 Anubhav : fed rate nahi kaatne wala lagta hai fii exited today only
14:40 Anubhav : but snp futures are syill flat
14:41 Shubro : 3 dT
14:41 Shubro : out
14:42 Anubhav : strange moves
14:42 Yogesh : DT…?
14:42 Govind : Congrats Shubro
14:42 Shubro : daily trade
14:42 Shubro : target rather
14:42 Shubro : how much u wanna make per day…
14:43 Shubro : Thanks Gov. recovered yest phew
14:43 Shubro : BNf ka pet nahin bhara
14:43 Yogesh : (14:41) Shubro : 3 dT…meaning of DT?
14:43 Govind : 14:43 Shubro : Thanks Gov. recovered yest phew….Me Too!
14:43 Shubro : daily target Yogesh. Jit introduced the concept .
14:44 Hardik Jikkar : Done – (14:09) Hardik Jikkar: Bearish Engulfing on its way
14:44 Shubro : how much money you want to make every day in market…based on that build position size and risk manage accordingly
14:44 Yogesh : thanks
14:44 Shubro : welcome
14:44 Yogesh : 😉
14:45 Govind : We are about to leave the May 23rd mega profile
14:45 Jitender : 243…..balle balle (14:05) Jitender : 354 (12:45) Jitender : below it 420-354-240-hallelujah
14:45 Govind : in NF
14:45 Shubro : i didnt wait for 240
14:45 Govind : Congrats Jit
14:45 Shubro : pet bhar gaya tha
14:46 Jitender : tx
14:46 Rushabh : amazing jit
14:46 AN : Awesome jit _/\_
14:46 Shubro : + 1 Jit
14:46 Shai : BNf slipping to 30140
14:46 Shai : NF short for 11610 sl of 11663
14:46 Rushabh : shai if short in NF hold?
14:46 Narendra : seems a lot of margin calls getting triggered
14:46 Jitender : all out
14:47 Shubro : +100 Jit wonderful guidance
14:47 Shubro : many thanks
14:47 Jitender : amazing day,,least qty n max results
14:47 Boppanna : Congrats Jit
14:48 Narendra : @ Shai Sir
14:48 Narendra : (14:21) Narendra : Shai Sir if we break 11657 with volumes can we expect 11610 today itself?
14:48 Shai : yes
14:48 Jitender : tx guys
14:48 Shai : BNF shorts are not closing
14:48 Shai : has momentum for 30140
14:49 Sandip : profit bking in longs now
14:49 Sandeep : NF Day COT has moved from -4 lakh to just -60k, does it indicate a positive day tom ?
14:49 Uttam : (14:08) Uttam : BNF is giving another weekly FA this week(14:08) Uttam : 30663
14:49 Shai : not enough @Sandeep
14:49 Sujeet : no..dnt thnk so
14:50 Sujeet : need more buyers
14:50 Jitender : 2mrw..none of u shld loose money…2day has left clr lvls
14:51 Sandip : Jitender aapne toh ab pressure bana diya performance ka 😉
14:51 Shubro : Jit what should be thinking for tomorrow?
14:51 Himanshu : jit – was good day – though still long way to go for shorting skill
14:51 Jitender : Sandip 🙂
14:52 Shubro : WE have a selling tail? so test of up towards ..?
14:52 Jitender : Shubro all lvls gvn..see OF n punch
14:52 Thanika : greens back in Cash
14:52 Shubro : okies
14:52 Sumesh null : should we buy nf now
14:52 Jitender : Shubro..2mrw first 30mins shld gv a clue
14:52 Jitender : plr dwn
14:52 Himanshu : ok Lic has been called from FM office
14:53 Shubro : ok
14:53 Sandip : nf shud test 11660 now before eod
14:53 Govind : All out, 3.5 DT done. Just 2 trades, including Shai’s overnight
14:53 Jitender : congo Govind
14:53 Jitender : 30.2pe 111-89 scalped
14:53 Himanshu : Govind bolo Hari Gopal bolo
14:54 Jitender : m also done now
14:54 Sandip : +1 guys
14:54 Himanshu : BTW Hari is not seen
14:54 Govind : Thanks Jit, after y’day’s bloodbath, some of us needed a dy like today
14:54 Sumesh null : no overnight trade for today
14:54 Shai : no
14:54 Shai : congrats guys
14:54 Shai : we respond at open tom
14:54 Govind : +1 Shai
14:54 Uttam : yes will be an intersting weekly expiry looks like 🙂
14:55 Shai : day is trend down with 11730 a sres tom
14:55 Govind : Fed might cut rates and Trump might kick Powell out 🙂
14:55 Jitender : Fed will not cut
14:55 Jitender : but will b dovish
14:55 Narendra : +1
14:56 Sandip : nice….im out..11600ce 48-58
14:56 Anubhav : nicebounce
14:56 Shai : Tis is the fed move now
14:56 Uttam : NF COT turns in plu
14:56 Govind : So, this is sell the rumour, instead of buy the rumour?
14:57 Uttam : BNF also finally seeing some covering?
14:57 Jitender : bhagwan aise din roz dede 🙂
14:57 Sandip : Last dt for the day :)(14:53) Sandip : nf shud test 11660 now before eod
14:57 Shubro : haha Sandip too good
14:57 Govind : Haha, then it would be too easy Jit
14:58 Vijai null : 30300pe 90-140 done.
14:58 Jitender : nahi bhai…imagine if we were long 🙂
14:58 Govind : +1 Vijai
14:58 Sandip : Thx Shubro
14:58 Sandip : Room is much happier than it was yesterday
14:59 Shubro : truly
14:59 Govind : Yeah, very true. OF (that 1 lac guy) helped us out…14:58 Jitender : nahi bhai…imagine if we were long 🙂
14:59 Shubro : today everyone pulled together fantastic
14:59 Govind : Shubro, I missed most of the day bro…
14:59 Uttam : @Sandip yesterday was like that Ravi Shastri’s dialogue of something coming in the mouth 😉
15:00 Govind : Butno regrets…made almost my weekly target
15:00 Shubro : gov u in greent and then some more
15:00 Govind : Yeah
15:00 Shubro : tomorrow is another fun day
15:00 Shubro : if we make money lol
15:00 Sandip : 🙂
15:00 Shubro : NF going for 740
15:00 Shubro : ?
15:00 Narendra : 30300CE ….. 88-105 …..quick trade
15:01 Govind : Naren, killing it brother!!
15:01 Shai : COT turns in NF to +
15:01 Jitender : u guys r champs man…good scalps
15:01 Uttam : yep almost 2L positive COT in this 30min bar
15:01 Narendra : needed to recover after a bad day yesterday
15:01 Jitender : event Uttam..shrts wud cvr
15:01 Uttam : +1 Jit
15:02 Uttam : huge vol in that 30300ce
15:03 Jitender : timing 🙂 (14:46) Jitender : all out
15:03 Jitender : hallelujah 2mrw if BoP permits
15:04 Shai : +1
15:04 Sandip : @Shai what kind of profile is this?
15:04 Thanika : now move down
15:04 Shai : trend day
15:04 Thanika : reds are back again in Cash
15:04 Sandip : thanks
15:06 Thanika : fight…
15:06 Rushabh : shai we broke 11656 but rejected so bulish?
15:07 Thanika : Buuls taken that .. 🙂
15:07 Narendra : Correct me if I am wrong guys but the bounce was expected …… Historical Data says the markets always go flat to positive biased ahead of FOMC outcome
15:07 Anubhav : bolo fed baba ki jai
15:07 Shai : 315K cot for this pullback
15:08 Sujeet : fresh buyers i think
15:08 Shai : bull is defending
15:08 Anubhav : lol
15:08 Shai : rising more
15:08 Uttam : last 1 hour more than 4L COT
15:08 Yogesh : so should we jump in
15:08 Sujeet : might be prprng for big expiry monthly
15:09 Rushabh : so mean reversion is still on?
15:09 Yogesh : (15:08) Shai : rising more………time of BTST?
15:09 Govind : Small scalp in the pullback, 11700CE from 27 to 36…4DT done
15:09 Rushabh : shai morning smarties bought this?
15:10 Shai : covere dabd bought
15:10 Rushabh : shai can play for mean reversion again?
15:10 Anubhav : poc tagged again
15:10 Shai : No
15:11 Anubhav : uff se satta bazaar!
15:11 Shai : needs to take out 11720- 11736F now
15:11 Anubhav : lol
15:11 Shai : congestion there
15:11 Rushabh : okay
15:11 Shai : will be bullsih only abv that
15:11 Rushabh : alright thanks shai
15:11 Narendra : just look at 11600CE weekly ….. doubled in a matter of 15 minutes
15:11 Shai : leave it for tom guys
15:11 Shai : take a fresh view
15:12 Narendra : true
15:12 Anubhav : yes sir 1 all match draw
15:12 HPandey : shai 11656 still remains the reference ?
15:12 Uttam : COT for day 3L in plus now
15:12 Shai : yes
15:12 Narendra : this seems more like index management than anything else
15:12 Shai : still in ythe compo
15:13 Shai : look below went to 11630 and stopped
15:13 Sujeet : super postve COT
15:13 Shai : could have done vwap and come back
15:13 HPandey : shai its IPM from 11630?
15:13 Uttam : 11640 was 20th low of that gap up post exit poll
15:14 MJ : Azmath wasn’t that last hour fun? 🙂
15:14 Anubhav : vwap tagged in nf
15:14 Azmath : yes Sir
15:14 Azmath : awesome.. CoT
15:14 MJ : COT is bloody good.
15:14 Anubhav : dhoka de diya fiis ne fir se
15:14 Shai : No Himanshu look beow compo and failed
15:15 Shai : technically should test 11798 F again but we wait on it tom
15:15 Shai : if we are abv this only- (15:11) Shai : needs to take out 11720- 11736F now
15:16 Shai : leave it for tom
15:16 Shai : it has been a plus day – we will take it up tom
15:16 Narendra : +1
15:16 Uttam : 11742 to 11769 will be a fast move if can do it today
15:16 Shubro : good enuff fun and fund for today
15:17 HPandey : yes shai.. thanks
15:17 Shubro : bread butter and chicken
15:17 Anubhav : lol shubro
15:17 Sumit : NF COT huge change
15:18 MJ : Azmath now going for vwap before close? 🙂
15:18 Shubro : wut the F is happening…some news?
15:18 Govind : Did Shubro say NF going for 11740?
15:18 Anubhav : bought 11700 put
15:18 Govind : almost there Shubro
15:18 Anubhav : expecting sum dip tomoro
15:18 MJ : when every lower low got 75K and COT kept changing. last 1 hour game.
15:19 Shubro : that guy called Jit told me to watch these things…
15:19 Shubro : i just watch
15:19 Azmath : Yep
15:19 Govind : haha…he is awesome
15:19 Thanika : +1 🙂
15:20 Yogesh : (15:18) Anubhav : bought 11700 put…….on what basis u bought?
15:20 Shubro : that last move gave me savings + beer money today
15:20 Anubhav : euphoria
15:20 Yogesh : 🙁
15:20 Yogesh : 😉
15:20 Shubro : Yogi u ok?
15:20 Yogesh : yes
15:20 Shubro : so happy
15:20 Yogesh : Came toady
15:20 Yogesh : just joking
15:21 Uttam : (15:02) Uttam : huge vol in that 30300ce…does 136 high from 100 levels
15:21 Yogesh : yes
15:21 MJ : Bunch of happy people in room. Lovely vibe.
15:22 MJ : Shai: Thank you.
15:22 Shai : 🙂 _/\_ – Ill pass on the regards 🙂 – (15:14) MJ : COT is bloody good.
15:22 Shai : : 🙂 _/\_ (15:14) Azmath : awesome.. CoT
15:22 MJ : Shai me an AZ monitored 1 hr COT change. and traded that 11600 ce.
15:22 MJ : boom boom 🙂
15:22 Shai : cheers
15:23 Anubhav : great
15:23 Yogesh : 4.96 COT
15:23 Anubhav : i did small scalp in 11700 call
15:24 MJ : From -360 to 418 that is like massive @Shai.
15:24 Yogesh : It means if tommorow we r above 11736, than 11800 may come?
15:24 Anubhav : dint expect move above 11710 so quick
15:24 Anubhav : anyways markets r meant for surprising n fooling
15:25 Thanika : all 11700 CE writters kicked out, more than 17 lakhs out
15:25 AN : gap up again tomm?
15:25 Anubhav : already 100 points in nf from lows not sure if we get a gap up
15:26 Uttam : (15:21) Uttam : (15:02) Uttam : huge vol in that 30300ce…does 136 high from 100 levels….rising into the close 145 now
15:26 Chetan Panchal : 31000 CE monthly big writing
15:28 Vijai null : 30300ce 95-140 done. 3dt done
15:29 MJ : Thanks Shai 🙂 (15:22) Shai : 🙂 _/\_ – Ill pass on the regards 🙂 – (15:14) MJ : COT is bloody good.
15:29 Vijai null : thanks uttam for your input
15:29 Uttam : super Vijai 🙂
15:29 Govind : Bye all!!
15:29 Anubhav : thank vt bye
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 AN : thanks all.
15:30 Thanika : bye, all. enjoy!
15:31 Shai : bye all
15:31 Shai : catch up tom
15:36 Himanshu : bye all

Order Flow charts dated 19th June

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

09:20 Shai : Buy BNF abv 30435 sl of 30350 tgt 30530

09:24 Shai : (09:24) Shai : Exit the BNF longs at 30395- 30400 here

09:40 Shai : (09:39) Shai : Intra – short BNF 30290 sl of 30430 tgt 30110 . short near 30290.

10:02 Shai : (10:01) Shai : Make exits in the BNF at 30385 cmp

11:29 Shai : (11:28) Shai : Positional – Buy NF 11723 sl of 11656 tgt 11837/ 11900.

11:45 Shai : (11:45) Shai : Intra – Buy BNF 30540 and 30405 in 2 parts sl of 30320 tgt 30700. Buy 1 part here
(11:45) Shai : we will buy a dip it it comes but let\’s ride the momentum here

12:42 Shai : (12:42) Shai : Intra – Book the BNF trade at 30555- 30560 F here. We will enter a full position later

13:24 Shai : (13:24) Shai : Buy 11700 pe at 55 sl of 34 as hedge to NF longs


09:00 Shai : GM all
09:01 Chetan Panchal : gm
09:01 Himanshu : Gm all
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-17th-june/
09:03 Krishan : GM
09:06 Uttam : Good Morning All 🙂
09:06 Sumesh null : good morning all
09:07 Sumesh null : india will overtake china in 8 years
09:07 Sumesh null : in population growth
09:08 Ramakanth : gm all
09:08 Shai : 11700/ 30320 F are the bias points for today’s open
09:08 Shai : will want to see if we generate volume above these 2 for signs of a slight recovery
09:09 Shai : supply firm at 11740- 49 from where the auction moved lower late yesterday 4
09:09 Shai : 30430 -440 equivalent level in the BNF
09:09 Shai : could be an inside day
09:10 TP : GM All.
09:10 Uttam : BNF had the lowest range & volumes since a month
09:10 Uttam : yesterday so looks like market coiling before the next move Shai?
09:10 Kiran : good morning sir
09:11 Shai : we are near vpoc of May
09:11 Shai : vwap below is the only supp left – else a major slide pre budget
09:12 Uttam : cool Shai so 2atr move from that weekly FA possible before budget then
09:12 Himanshu : chief – We have positive COT while price is down – does it mean accululation #
09:12 Shai : how much is it?
09:13 Himanshu : 217K in NF and 131K in BNF
09:13 Rajiv : What is this number? Shai : vwap below is the only supp left – else a major slide pre budget
09:13 Dhaval : what is COT?
09:13 Dhaval : i joined room yester and new to all this
09:14 Uttam : 2atr comes to 11480 Shai
09:14 Uttam : NF
09:14 Shai : vwap- (09:13) Rajiv : What is this number? Shai : vwap below is the only supp left – else a major slide pre budget
09:14 Govind : 11696 Rajiv
09:14 Govind : It is in Uttam’s report
09:15 Rajiv : Thanks
09:15 Uttam : @Dhaval welcome to VT, would suggest you go through the links in the welcome mail as that would give you a good base to startobserving the charts in the room
09:16 Sandip : GM all
09:16 Uttam : booked your Ces Sandip?
09:17 Sandip : Yes just 5 pts above averaged cost 🙁
09:17 Uttam : green it is right so good 🙂 congrats
09:18 Sandip : haha thx Uttam
09:19 Rajan : good morning
09:19 Amit : hello
09:19 Amit : gm
09:20 Shai : Buy BNF abv 30435 sl of 30350 tgt 30530
09:21 Sujeet : trggrd
09:22 Shai : yes
09:22 Shai : 11750 expected NF
09:24 Shai : Exit the BNF longs at 30395- 30400 here
09:25 Shai : supply coming just after our entry
09:26 Shai : may dip to 30300
09:29 Shai : looked so good to clear this till that RS came – (09:09) Shai : 30430 -440 equivalent level in the BNF
09:30 Uttam : BNF going to repair yesterdays poor lows
09:31 Anubhav null : damn
09:31 Sujeet : gone
09:31 Jitender : 30.4pe 192-275…420 bnf yday lvl
09:32 Shai : +1
09:32 TP : jit same here 202 to 258 holding rest with sl.
09:32 Jitender : +1
09:32 Boppanna : +1
09:32 Shai : had to be quick in that reversal
09:33 Shai : done- (09:26) Shai : may dip to 30300
09:33 Jitender : =
09:33 Jitender : +1
09:34 Sujeet : yes ws quick
09:34 Uttam : nice trades Jit & Tej 🙂
09:34 TP : tks Uttam, Shai’s supply alert wasbang on.
09:35 Jitender : tx guys
09:35 Ramakanth : truly
09:35 Ramakanth : last min reversed played
09:35 Ramakanth : thnx
09:36 Shai : looks like RBI is keeping USDINR from that 70 mark through Futures
09:37 Boppanna : Shai can we have 30200pe on screen for few min
09:39 Shai : Intra – short BNF 30290 sl of 30430 tgt 30110 . short near 30290.
09:40 Sandip : +1 Shai
09:41 Uttam : 13k buyer in BNF, could be morning shorts booking
09:41 Shai : OTD Uttam
09:41 Shai : vwap ref
09:41 Uttam : yes Shai
09:42 Uttam : +1
09:42 Sandip : NF alsostrong tilt down
09:42 Sandip : @ shai what to expect in NF for lower level reference?
09:42 Shai : BNF trade in
09:42 Uttam : spike on Friday when we got I did mention in the report that the imbalance may continue
09:42 Shai : NF may test 11610
09:42 Sandip : Thank you
09:43 Uttam : Amen Shai 🙂
09:43 Uttam : huge writing on in 11700ce
09:43 Sujeet : sold
09:44 Sujeet : trggrd
09:44 Sandip : Yes Uttam
09:45 Uttam : needs to stay below 11685 & 30290
09:48 Kandhasamy : sold at 30311
09:52 Uttam : greens in NF at VAP
09:52 HPandey : OTD in both shai?
09:54 Sumesh null : reversal?
09:55 Sujeet : mght rvrse
09:55 Sujeet : fr a small bounce
09:56 Sandip : For me , as long as NF stays below 11719 its safe for downside
09:56 Sandip : Some short covering near vwap for now
09:57 Shai : BNF- the open rejection of today is driven by OTF and on high volume
09:57 Shai : Have a bigger stop for this trade as we are bumping against a big gap fropm 17-20 May
09:57 Chetan Panchal : both mechanical highs
09:57 Uttam : IB forming in both on 5mins
09:58 Uttam : failure of this will be a nice fresh short
09:58 Shai : it’s actually day TF versus a larger frame so we let the auction play out
09:58 Sujeet : ok
09:58 Boppanna : Needs to get back above 165 for a move up IMO09:37 Boppanna : Shai can we have 30200pe on screen for few min
09:59 Shai : on screen
09:59 MJ : 14k green on poc.
09:59 MJ : bnf
10:00 Sujeet : spikes
10:00 Sandip : ok now looks like grind day
10:01 Shai : Make exits in the BNF at 30385 cmp
10:02 Shai : fried 🙁
10:03 MJ : This guy ran it up (09:59) MJ : 14k green on poc.(09:59) MJ : bnf
10:03 Chetan Panchal : mechanical highs in A periods always get visit
10:03 Uttam : (09:52) Uttam : greens in NF at VAP(09:57) Uttam : IB forming in both on 5mins
10:03 Uttam : (09:45) Uttam : needs to stay below 11685 & 30290
10:03 Sujeet : it happns when we have one way down..so near pullback area its always volatile
10:03 Uttam : 11700ce writers in trouble
10:04 Uttam : drive VWAP tested so early & failed & we make new highs for the day
10:04 Sandip : Shai just a general question
10:05 Sandip : IS Short covering above or around vwap good for a move up? Or could be to just hit stoplosses?
10:08 Rajiv : Shai / Jit BNF showing signs of buying or SC?
10:09 Sujeet : price wl tell n order flow
10:10 Jitender : Rajiv sum buyn
10:10 Jitender : also
10:10 Jitender : 420 bnf still my lvl
10:11 Ashutosh : mine too
10:11 Ashutosh : exited longs there
10:11 Ashutosh : thanks Jit
10:11 Boppanna : 540 above 430 BNF if 380 holds
10:12 Uttam : today looks like initiative buying at vwap 50K COT in NF
10:12 Uttam : 28k COT in BNF
10:14 Sumesh null : rangebound for today
10:17 Narendra : seems to be a premium eating day …… better to stay away at least for next few hours
10:18 Sumesh null : slow moving
10:18 Uttam : a C side ext will be nice & then a FA 😉
10:18 Uttam : #wishful thinking
10:20 Sumesh null : what’s FA
10:21 Govind : Would be nice :)….10:18 Uttam : a C side ext will be nice & then a FA 😉
10:22 Govind : FA is Failed Auction Sumesh
10:23 Sumesh null : thanks
10:27 Himanshu : time to watch today is 11.45 onwards
10:27 Himanshu : change from Mul Nakshatra to PurvaAshadha
10:27 Himanshu : Mul is for base making –
10:28 Sumesh null : 1115 i think
10:28 Himanshu : from yesterday to 11.45 am – High and low is imp- whichever side its breaks – we can go that side as that level will not be visited till 20th 3.45 PM
10:29 Himanshu : will take us thru expiry –
10:31 Shai : abv vwap generally- (10:05) Sandip : IS Short covering above or around vwap good for a move up? Or could be to just hit stoplosses?
10:31 Sandip : Thank You Shai
10:32 Shai : A high is not mechanical , was a look up and fail- (10:03) Chetan Panchal: mechanical highs in A periods always get visit
10:33 Uttam : Auction has tagged yesterday’s trend day vwap too in that process
10:33 Jitender : so…sum context from my side…just an opinion…yday MB 370-420 wich was more than 100+ mins….writers wrote puts ….held 300 yday…today tere first mve was up…to protect profits….gt a sell..ten deployed money to bring it up again….370-420 again balance zone……a decisive money either side will gv a gd trade
10:34 Jitender : n as usaul writers will milk it fr their %age gains
10:34 Shai : +1
10:34 Shai : A and B are opp today so ecxpecting some balancing here for next few hours. yes writers start taking over
10:35 Shai : 30320 F is coming again but sl is 30430 F so 1: 1
10:36 Jitender : 30.4 pe had a fill of 145 at 420..gt out at 165…coz of the balance…
10:36 Jitender : 30.3*
10:38 Shubro : wonderful analysis Jit – need more of those reads for the amteurs here
10:39 Shubro : looks like we are in this zone for a while
10:39 Jitender : always pick anamolies …yday 2 much time fr MB..price cud have easily brkn dwn…but y id didn’t ..so colrelate with psycology of big guy
10:39 AN : Thanks Jit, great learning _/\_
10:40 Jitender : only prob happens wen another big guy comes 2 kill the first one…tats were lvls n ref come in play
10:41 Jitender : n the most dangerous r the cash basket buys n sells…tey nvr gv notice n cum all of a sudden….n nvr respect lvls
10:42 Jitender : so wat a biz to b in 🙂
10:44 Sandip : spot trying hard to fall
10:44 Uttam : lets break vwap
10:44 AN : new adveture every day/hour/min 🙂 and dont forget our beloved cartoon network 🙂
10:47 Govind : HDFCB falling fast
10:47 Govind : But ICICIB going up
10:47 Uttam : Bot gave a sell in it
10:48 Govind : Yes Uttam
10:48 Govind : BOT has also shorted BNF
10:48 Sandip : day low test also possiblle in NF
10:48 Uttam : +1 Sandip in with you
10:49 Shubro : yo Sandip
10:49 Uttam : for now tsking sup at 11712 NF
10:50 Sandip : yes Shubro
10:51 Uttam : (10:44) Uttam : lets break vwap
10:51 Shubro : i meant on for the low Sandip
10:51 Sandip : nice Uttam
10:51 Sandip : ok awesome
10:51 Shubro : breaks here needed
10:54 Shubro : break 11700 we are in business
10:56 Himanshu : open protected so far
10:59 Ashutosh : anyone going short ?
10:59 Sandip : If a day low break happens, move should not drop below11650 considering the buildup in 11700PE is also there
11:01 Jitender : yup
11:02 Jitender : abv 470—-690 is a quickie fr bnf—possibility
11:03 Shubro : this is now looking like a P profile jit?
11:04 Jitender : nt yet
11:04 Jitender : i usually nvr pre empt
11:04 Shubro : right
11:05 Jitender : Uttam is the better expert for MP
11:06 Shubro : you are super mario crossing levels
11:07 Uttam : greens back at vwap
11:07 Uttam : above 11720 NF could extend higher
11:09 Uttam : 5 more mins for D to complete
11:14 Sandip : this current scenario has much better chances of a downmove than in the morning dip
11:15 Jitender : y do u say tat?
11:17 Sandip : because of nifty spot, in the morning it was less supportive of a downfall..now it is pointing downward. I have a different way of looking at it.
11:17 Jitender : k
11:17 Govind : boom
11:17 Jitender : yup
11:17 Himanshu : boom#Jit
11:18 Jitender : good fr all
11:18 Sandip : bnf? 64 k refresh needed?
11:19 AN : great read jit. big seller at 450 in bnf
11:20 Jitender : Shubro see (11:03) Shubro : this is now looking like a P profile jit?(11:04) Jitender : nt yet(11:04) Jitender : i usually nvr pre empt
11:20 Shubro : yes Jit
11:20 Sujeet : yes..ws fresh seller?
11:20 Jitender : 12.30 btter time fr profile conclusions
11:20 Shubro : noted
11:20 Uttam : (11:07) Uttam : greens back at vwap(11:07) Uttam : above 11720 NF could extend higher
11:21 Jitender : +1
11:22 Uttam : BNF res for now at pwl
11:22 MJ : Bnf you beauty.
11:23 Sandip : Uttam
11:23 Uttam : early DD in it looks like
11:23 Uttam : boom
11:23 Sandip : If Bnf stays above 30480 ke 0’s then that becomes support?
11:23 MJ : Booked 30500 ce (09:59) MJ : 14k green on poc.
11:24 Uttam : start ot 0s is near 30400 Sandip so that is support
11:24 Sujeet : /\p]-[
11:24 Uttam : those 0s at top were more cos of that 60k red which was a mix of orders I guess
11:24 Sandip : correct
11:24 Sandip : Thanks
11:25 Uttam : +1 🙂
11:26 Boppanna : Op+ra 520 High 510 ..out.. 10:11 Boppanna : 540 above 430 BNF if 380 holds
11:27 Jitender : +1
11:27 Jitender : congo BoP…neat
11:27 Uttam : a) BNF has immediate resistance at 30390 above which it could probe higher to 30435-470 & 30510
11:28 Jitender : now my lvls fr up/dwn…470/420
11:28 Sandip : +1 Bopanna and Uttam
11:28 Boppanna : +1 Uttam’s hypos
11:28 Jitender : see wat fun it is if u get mkts slightly rite
11:28 Himanshu : 2DT so far
11:28 Uttam : this move aint over yet
11:28 Jitender : congo Himanshu
11:28 Shai : Positional – Buy NF 11723 sl of 11656 tgt 11837/ 11900.
11:31 Shai : BNF potentailly also back to 30800 on this failure today below 30300
11:31 Govind : Friday’s spike ext. handle beckons BNF?
11:32 Govind : 30690
11:32 Boppanna : Seems like a long while since a positional call in NF
11:32 Shai : yes BNF first one to reverse
11:32 Uttam : looks like both NF & BNF going to negate previous week’s Fa at highs with a FA at lows this week
11:33 Shai : if all works to plan NF shopuld be close to 11800 by clos etoday
11:34 Govind : +1 Shai
11:34 Chetan Panchal : 11740 a hurdle ?
11:35 Shai : yes that remains for intra
11:35 Chetan Panchal : ty
11:35 Shai : expecting a 50 point spike if that croissed today itself
11:35 Chetan Panchal : biingo
11:36 Uttam : Nifty Spot needs to get above 11720
11:39 Govind : another mini boom
11:41 Himanshu : PM to meet industry Leaders – in all sectors
11:41 Himanshu : Seeking their input for Job creation and growth
11:41 Himanshu : subsequently each sectoral reperesentation will be done
11:41 Himanshu : Boom days ahead
11:42 Govind : BNF in spike range
11:42 Govind : 30503 spike low
11:43 Uttam : prev week low too
11:43 Uttam : which is why negotiation on 😉
11:43 Govind : Ok Uttam, good to know
11:43 MJ : Charts slow for anyone?
11:43 Govind : steady rise now
11:44 Uttam : boom boom
11:44 Govind : No MJ
11:44 Uttam : (11:07) Uttam : above 11720 NF could extend higher
11:44 Uttam : new highs here in NF
11:44 Govind : +1
11:44 Sandip : +1
11:45 Uttam : now lets take spot above 11720
11:45 Govind : gap up between the two 30 min candles Uttam
11:45 Govind : in BNF
11:45 Shai : Intra – Buy BNF 30540 and 30405 in 2 parts sl of 30320 tgt 30700. Buy 1 part here
11:45 Shai : we will buy a dip it it comes but let’s ride the momentum here
11:45 Uttam : 45k red in NF at new highs
11:45 Jitender : 480-540 bnf dne
11:45 Govind : +1 Jit
11:45 Uttam : some of the longs booking looks like
11:45 Uttam : nice Jit 🙂 +1
11:46 Jitender : 3x+
11:46 Jitender : tx guys
11:46 Uttam : so triple khamba tom 😉
11:46 Boppanna : Nice one Jit
11:46 Sandip : +1 Jitender
11:47 Jitender : cheers
11:47 Uttam : c) Above 30510, the auction can rise to 30570-590 & 30665
11:48 Rajiv : Please elaborate Uttam : so triple khamba tom 😉
11:49 Uttam : 1x = 1 patiala
11:49 Jitender : Uttam ka ek se kuch nahi hota 🙂
11:49 Uttam : so 3x means triple khamaba
11:49 Uttam : Jit is a tower so he needs towers only 😉
11:49 Uttam : pegs are not for him
11:50 Jitender : ek dost hi durse dost ko samajtha hai
11:50 Uttam : 🙂
11:51 Jitender : 30.5ce 175-154..scalp
11:52 Himanshu : This Path Lab fellow talking about growth in business
11:52 Himanshu : they re looking at oppurtunity in growth in Chicken Guniya
11:52 Himanshu : and all other illness as rain comes
11:52 Himanshu : what a petty
11:53 Himanshu : MC BC – praying for people to fall sick
11:58 Sandip : @Shai
11:58 Sandip : what are those dark greend bands in option charts?
12:03 Sandip : the ones extending beyond 5 min bars?
12:03 Sandip : Uttam any idiea?
12:03 Shai : BNf steady up
12:04 Shai : prev imbalance zones- (12:03) Sandip : the ones extending beyond 5 min bars?
12:04 Shai : still looking for BNF to hit than anomaly at 30700 hence the long trade
12:04 Tina : SHAI PLZ CHECK JULY NF
12:04 Sandip : Thx Shai
12:04 Tina : y oi addition
12:05 Tina : rollover started too early or what
12:05 Shai : how much is it?
12:06 Tina : 16 %
12:06 Tina : 3.17 lakhs
12:07 Shai : not sure. donlt track intra day OI
12:07 Shai : anyone here knows?
12:07 Sandip : For July I dunno, only current series
12:08 Tina : its not intra , means sombody rollover today
12:08 Tina : u njust check in july nf chart
12:08 Shai : happened now past 20 mins?
12:08 Rajendra : what is diff between POC,dpoc and vpoc what we see in mplite
12:11 Tina : constant additiond
12:11 Shai : poc and vpoc is essentially same thing – highest POC of previous sessions
12:11 Shai : dpoc is highest volume of today’s session
12:12 Shai : d is developing so subject to change
12:13 Uttam : one of that 40k guy looks like a roll in July
12:14 Anubhav null : above ywvap nifty will tag 11775
12:16 MJ : 11752 profile anomaly in previous day profile.
12:17 Himanshu : NF spot yet hovering below 720
12:17 Govind : HDFCB needs to help spt HImanshu
12:18 Uttam : (12:11) Tina : constant additiond…apart from one big 40k guy not much addition in Jul NF
12:20 Shai : yes from OF only one big guy at 11741 F today
12:20 Shai : no big ones in June
12:20 MJ : He rolled to july?
12:20 Shai : NF lagging a lot behind BNF today
12:20 Shai : BNF already at yestrerday highs
12:21 Uttam : that trend day vwap holding it Shai?
12:21 Shai : 11740 seller needs to be taken out for the clmb higher
12:21 Govind : Shai, y’day’s BNF high was 30614, no?
12:21 Shai : yes
12:22 Uttam : that was also freak high very less vols above 30560
12:23 Uttam : yesterday also BNF left pbh in D period at the monthly IBL of 30562 & today also same as of now
12:27 Uttam : (11:45) Uttam : now lets take spot above 11720…Spot made high of 11718 after this
12:31 Govind : Spot making an attempt here Uttam
12:32 Uttam : yep lets do it 🙂
12:32 Govind : Let’s go!!
12:32 Govind : It is RIL this time
12:32 MJ : Aye aye!
12:32 Sujeet : boom
12:40 Anubhav null : push bulls last mauka
12:42 Shai : Intra – Book the BNF trade at 30555- 30560 F here. We woill enter a full position later
12:42 Uttam : 20k red & 0s at top stalling the upmove for now there Shai?
12:44 Uttam : RS in NF also at 11746
12:45 Sujeet : nf hold rght?
12:46 Anubhav null : fa uttam?
12:46 Anubhav null : in nf
12:47 Tina : anyone for 11775 11800 11831
12:47 Uttam : bring it on Tina 🙂
12:47 Tina : bnf seems 30700 30950
12:56 Sandip : Nifty spot is lagging…needs to move harder for upside break and test of 11750
12:57 Sandip : at the moment 11700 PE writing is much stronger than 11700 CE writing.. so lets see
12:59 Anubhav null : struggling
12:59 Chetan Panchal : nifty spot got anamoly at 11730-735
13:01 Govind : 11k grens at IBH
13:01 Govind : greens*
13:04 MJ : 🙂
13:04 Himanshu : crssoing now 720 Spot NF
13:08 Sandip : it crossed before also..but needs to hold that level
13:09 Shubro : time to move
13:10 Shubro : that she blows
13:11 Shai : yes SC should ome
13:11 Shai : take the 11700 call abv 71
13:11 Shai : shoumd explode to 135
13:12 MJ : Tagged and invites some reds (12:16) MJ : 11752 profile anomaly in previous day profile.
13:12 Sandip : perfect Shai!
13:12 Shubro : wut is that 46k?
13:12 Sandip : I have that call at 60
13:12 Anubhav null : nice mj
13:12 Himanshu : 46k red in nf
13:12 Sandip : stop losses
13:12 Shubro : is that a new seller
13:12 Himanshu : chalo wapas
13:13 Himanshu : vwap
13:13 MJ : Looks like a booking out guy or sl. Shai can confirm.
13:15 Sandip : Uttam
13:15 Sandip : What is significance of 11720 spot?
13:16 Uttam : developing weekly POC
13:16 Sandip : Thanks
13:16 Uttam : and morel ike a ledge now as above it we have a low vol zone till 11765
13:17 Himanshu : today is for writers –
13:17 Uttam : also yesterday spot made a ‘b’ shape profile with POC at 11720 so above poc of ‘b’ auction turns bullish
13:18 Shai : If COT stays positive today all the negarrtive from 12100 is out of the system – https://vtrender.slack.com/archives/C0F2X2TFW/p1559558738002900
13:19 Uttam : super Shai +1
13:20 Shubro : 17 sellers there again
13:20 Rushabh : charts lagging shai
13:22 Govind : Crapping out here Shubro?
13:23 Shubro : dump royale
13:23 Shai : fasy drop
13:23 Uttam : -85k COT
13:23 Uttam : -46k in BNF
13:23 Himanshu : in one bar – checking IBL
13:23 Jitender : bnf 54-420 dne
13:24 Boppanna : +1
13:24 Sumesh null : nifty hold?
13:24 Uttam : BNF from upper hvn to lower one
13:24 Shubro : SOB
13:24 Shai : Buy 11700 pe at 55 sl of 34 as hedge to NF longs
13:25 Himanshu : chief – NF will be more reliable – as COT is still positive#
13:25 Jitender : jet news
13:25 Shai : joker of a market today
13:27 Shai : yes but liquidation in that bar- (13:25) Himanshu : chief – NF will be more reliable – as COT is still positive#
13:27 Himanshu : ok
13:27 Shai : can go to day lows
13:29 Boppanna : Below 380 trouble in BNF
13:29 Anubhav null : fa in nf
13:29 Uttam : no Anubhav was there for more than 30mins above IBH
13:30 Uttam : from 2.5L COT NF now just 84k
13:31 Himanshu : it takes half a day to build this +ve cot and 2 bar to take it to dance bar
13:31 Anubhav : oh thats also a rule dint knew
13:31 Uttam : -2 L COT on 30min NF
13:31 Anubhav : yvwap resisted as expected
13:32 Shai : -70k cot
13:32 Chetan Panchal : Fa in making
13:33 Shai : if bulls don’t fight here they will lose 80 into close
13:33 Shai : 11680F to watch
13:33 Anubhav : yesterdays trapped longs exited i think
13:33 Anubhav : n went short
13:33 Anubhav : at 11740
13:33 Tina : seems a vwap test only
13:33 Uttam : probable FA in 11700ce 27th June
13:39 Uttam : Day’s COT now just 16k
13:39 Anubhav : hypo b coming to play in nf looks like
13:39 Anubhav : any news on tv for such sudden crack?
13:39 Shubro : BNF looking to reverse?
13:39 Himanshu : uttam – In BNF is negative form start
13:40 Himanshu : so r we considering last 2 days – positive cot for lon call
13:40 Uttam : yes -1L in this 30min bar there too
13:41 Himanshu : think buyer emerging – slowly reducing
13:41 Himanshu : chief – Long pos call in NF is open ?
13:41 Uttam : POC on 30mins shifts to lower end
13:45 Vijai : green near VAL
13:45 Rushabh : yay! 😀
13:45 Shubro : man this was one shakeout move
13:45 Anubhav : yeah shubro
13:45 Anubhav : day low held
13:45 Shai : yes keep a hedge
13:45 Rushabh : shai’s making it keep alive and positive
13:46 Shai : need a move abv 11740F for that to be very secure
13:46 Sujeet : Carry hedge overnigght?
13:46 Shubro : Jit morning words are ringing in my ear…what a dangerous biz
13:46 Shai : yes
13:46 Jitender : tis looks dii=morn n yday MB buyrs
13:47 Anubhav : vwap needs to be taken zor lagao
13:47 Govind : BNF F in discount
13:47 Shai : BNF option structure prints a close here at 30400?
13:47 Himanshu : Chief can w ego long NF
13:47 Himanshu : with 650 SL – Posotional
13:48 Shai : we are long
13:48 Himanshu : ok thanks
13:49 Shai : please do not ask questions on existing trades, it may confuse the others. any update will post . appreciate the cooperation
13:49 Anubhav : baarish karwao tansen ko bulao …lol
13:49 Uttam : what a nice bell in NF 🙂
13:49 Shai : have added the hedge as my view was a strong move abv 11750F but we did not make it
13:50 Shai : we will give the market more time
13:50 Rushabh : shai what happens when the cot closes +?
13:50 Shubro : anyone else going to bankruptcy court this week? lol
13:51 Govind : Shubro 🙂
13:51 Anubhav : promotors r greedy
13:51 Shai : we may close right here today
13:51 Anubhav : they have already siphoned off the money they needed for their liftime
13:51 Shai : hope no more surprises today
13:51 Shai : 2 sharp moves already
13:53 Shai : B was opp of A now I opp of B in NF
13:53 Shai : same range
13:53 Shubro : seems like we need to ignore that upper distrbution again.
13:59 Govind : Shubro, it has been a while since I got b*#@h slapped by the markets….and today it happened again
14:01 Boppanna : drop & bounce in Euro and S&P
14:01 Boppanna : *SPX
14:01 Rushabh : sharp rise
14:01 Jitender : 1.5 hr left Govind
14:01 Govind : Yes Jit…still in the long trade
14:02 Shubro : its ok Govind hota hai
14:02 Chetan Panchal : for newbies its a konockout day
14:02 Shubro : play eye of the tiger Chetan
14:02 Shubro : o teri
14:03 Jitender : m missing n keep gettn logged out
14:03 Anubhav : wah
14:03 Govind : booom
14:03 Govind : HDFCB
14:03 Sujeet : again boom
14:03 Shubro : wah wah
14:03 Rushabh : 0’s
14:03 Shubro : what moves
14:03 Shubro : Shai super that long
14:04 Govind : watching that 11700 ce…at 58 now
14:04 Govind : Shai said 71 is the breakout price
14:04 Jitender : told u DII
14:04 Shubro : take eeee it away
14:04 Anubhav : dii debt wala loss khake lagata hai equit me aa gaye
14:05 Himanshu : boom boom shaka laka
14:07 Shubro : see what happens when you play eye of tiger
14:07 Jitender : tey r layn expiry
14:07 Shubro : hmmm
14:08 Himanshu : This DII is Jit
14:08 Govind : We’ve the Fed rate announcement tomorrow night…should be a cracking expiry
14:08 Shubro : dovish right expected Govind?
14:08 Govind : That is what I am reading
14:08 Anubhav : fed will say they will cut soon
14:08 Uttam : NF COT back to 1.5L
14:09 Govind : Yes Uttam
14:09 Govind : So, Uttam that entire down move was liquidation?
14:09 Govind : of longs?
14:09 Himanshu : profit booking
14:10 Uttam : taking out of weak hands could be
14:10 Himanshu : yes – so cost is lower for carry foreward
14:10 Govind : 11740 coming up
14:10 Sujeet : hedge on d verge f brkdwn
14:11 Jitender : all out
14:13 Sandip : You had calls Jitender?
14:13 Govind : Recovered 1/3rd in that move
14:13 Sandip : same here GOvind…-2dt remaining now 🙂
14:13 Anubhav : hariyali jyada ho gayi
14:13 Jitender : Sandip…..vry small scalp
14:14 Govind : Haha, mine is smaller Sandip, but will be difficult to recover today I feel.
14:14 Jitender : killed my shrts here (13:46) Jitender : tis looks dii=morn n yday MB buyrs
14:14 Sandip : nice Jitender, evrything + + is good, Uttam told me in the morning 🙂
14:14 Amit : me too Recoveing slowly
14:14 Jitender : had gne up2 4.38….nw 3.78
14:15 Jitender : had taken shrts wich wiped out sum mtm…
14:15 Uttam : Spot back near 11720
14:15 Shai : days lows of 69.74- (09:36) Shai : looks like RBI is keeping USDINR from that 70 mark through Futures
14:16 Govind : 11700 CE near 66
14:17 Govind : Booom
14:17 MJ : 11777
14:17 MJ : cometh.
14:17 Boppanna : any globe news?
14:17 Govind : No Bops
14:17 Govind : just tuned in the tv
14:17 Govind : nothing
14:17 Uttam : and just like that COT back to 2.2L
14:17 Boppanna : ok thx
14:17 Govind : NF back above 11740
14:17 Uttam : ext handle coming?
14:18 Shubro : chalo glad didnt exit that long
14:18 Jitender : Govind..u shld b k now 🙂
14:18 Shubro : aur dum hai kya isme Jit?
14:18 Govind : Yes Jit, 50% recovered
14:19 Govind : am glad
14:19 Jitender : +1
14:19 Govind : Thanks Jit
14:19 Shai : 70 cross to watch- (14:16) Govind : 11700 CE near 66
14:19 Uttam : yes Shai
14:19 Shai : roughy 11756F
14:19 Govind : Pivot and change direction!!
14:19 Govind : Yes Shai. Thanks
14:20 Anubhav : still holding that high
14:20 Anubhav : mj kuch karo
14:20 Jitender : 11740 / 540 bnf
14:21 Govind : Safe zones Jit?
14:21 MJ : I am seeing zones same as Shai @anubhav.
14:21 Jitender : sell point
14:21 MJ : Till that is out. we must rotate.
14:21 Anubhav : yes jit
14:21 Govind : oh ok.736 was the largest volume y’day
14:22 Anubhav : sold 11900 weekly call
14:22 Anubhav : chota satta
14:22 Sandip : Is this the DII circus? considering the FED announcement is out later in the week? and FIIs must be away?
14:22 Jitender : 30.4pe 124-155, gt sum back
14:22 Jitender : 🙂
14:23 Sumesh null : nifty going down
14:23 Anubhav : wah
14:23 Govind : +1 Jit
14:23 Jitender : elephants fightn
14:23 Govind : nice big bell in NF
14:23 Sandip : nice one Jit
14:23 Sumesh null : who. wins
14:24 Anubhav : vwap again
14:24 Anubhav : algos
14:24 Jitender : Sumesh….i dont care
14:24 Jitender : scalp milna chaiye
14:24 Uttam : one of the elephants will win 😉
14:24 Sandip : a 10-15 pt drop in nf wud have been better
14:24 Jitender : lol Uttam
14:24 Uttam : now we have a probable FA at highs
14:24 Govind : Shai said yesterday that today will be a rangebound day. So true
14:25 Sujeet : hedge got hit
14:25 Sujeet : 33.7 low
14:25 Uttam : that is morning low
14:25 Sujeet : any update?
14:25 Uttam : now low was 34.3
14:26 Jitender : kya bola (14:20) Jitender : 11740 / 540 bnf(14:21) Jitender : sell point
14:26 Sujeet : mine gt triggered
14:26 Narendra : (10:17) Narendra : seems to be a premium eating day …… better to stay away at least for next few hours
14:26 Sujeet : at 34
14:26 Uttam : you do not place it in system till 2:30
14:26 Uttam : golden rule
14:27 Jitender : rock n roll
14:27 Sandip : nice
14:27 Sujeet : yes but fr safer side i kept today.as it ws hedge nly
14:27 Sandip : finally -1 dt remaining
14:28 Uttam : @Sujeet for a hedge it makes more sens not to put in system as you alreayd are holding a contra position
14:28 Sandip : bnf 200 points in 10 mins wth is happenning there..
14:28 Uttam : anyways please keep this in mind in future
14:29 Sumesh null : sounds Greek
14:29 Sujeet : yes sure..
14:29 Sujeet : do we need to carry hedge overnght
14:29 Uttam : it will depend on how we close, if SL hits the automatically out
14:32 Jitender : if 350 goes we get DLs n more
14:34 Uttam : 11690 will be imp if we get there
14:35 Govind : Europe is recovering now
14:36 Govind : Euro down .3%
14:36 Chetan Panchal : NF and BNF both in channel play..watchout the break
14:42 Himanshu : today profile shape is called ?
14:42 Himanshu : DD ( minor)
14:42 Uttam : dimaag ka dahi DD 😉
14:42 Himanshu : haha
14:42 Himanshu : Chotu – DD
14:43 Jitender : (10:40) Jitender : only prob happens wen another big guy comes 2 kill the first one…tats were lvls n ref come in play(10:41) Jitender : n the most dangerous r the cash basket buys n sells…tey nvr gv notice n cum all of a sudden….n nvr respect lvls
14:43 Jitender : rite day fr abv
14:43 Ashutosh : jit long or short here ?
14:43 Ashutosh : 350
14:44 Jitender : waitn
14:44 Ashutosh : okke
14:44 Uttam : no DD today Himanshu
14:44 Ashutosh : m up 3DT thanks to u _/\_
14:44 Uttam : NF anyways a bell & BNF converitng a probable DD to bell now
14:44 Jitender : congo Ashu
14:45 Ashutosh : thanks
14:45 Ashutosh : means a lot
14:45 Uttam : nice Ashutosh 🙂 congrats
14:45 Ashutosh : played beautifully toay \
14:45 Ashutosh : today
14:45 Ashutosh : captured all long and short move
14:45 Jitender : +1
14:45 Himanshu : if bell – Uttam means will go up from here BNF
14:45 Ashutosh : 30300ce long at 179 currently
14:46 Jitender : hedge
14:46 Ashutosh : with ?
14:46 Jitender : Ashu book all n enjoy
14:46 Ashutosh : okk
14:46 Ashutosh : thnx
14:46 Jitender : 45mins left
14:46 Jitender : y expose
14:48 Jitender : see
14:48 Ashutosh : thnx boss
14:48 Ashutosh : m saved
14:48 Ashutosh : got perfect exit
14:48 Ashutosh : near to cost
14:49 Jitender : m a trader or wat 🙂
14:50 Azmath : Jit Dada _/\_
14:50 Jitender : _/\_
14:51 Jitender : bingo (14:32) Jitender : if 350 goes we get DLs n more
14:51 Jitender : DL
14:51 Uttam : ext handle down?
14:51 Uttam : FA confrimed in NF at 11748
14:52 Jitender : BKC…we get more (14:32) Jitender : if 350 goes we get DLs n more(14:51) Jitender : bingo (14:32) Jitender : if 350 goes we get DLs n more
14:52 Sujeet : dl
14:52 Himanshu : Le gaya sab long ke SL
14:52 Jitender : Uttam has made one elephant win
14:53 Himanshu : now on 3.05 upper
14:53 Uttam : COT goets into negative
14:53 Sujeet : yes
14:53 Ashutosh : 30300pe 179 to 218
14:54 Sujeet : bnf almost 2 lkhs
14:54 Shai : neut ext coming up
14:55 Uttam : NF has a FA at 11749 Shai
14:56 Uttam : 11619 1atr
14:56 Shai : okay
14:56 Shai : 11656 last place for intra bounce
14:57 Anubhav null : some rb
14:58 Sujeet : thts too our sl right?
14:58 Sandip : Shai NF?
14:59 Sujeet : 657 low
15:00 Anubhav null : nice greens
15:00 Shai : day lows done
15:01 Sandip : + 1 Shai mad equick 20 pts after you mentioned the bounce zone
15:01 Shai : cmom push back to 11720
15:01 Anubhav null : lol watta day
15:01 Vijai null : great shai.. +1
15:01 Anubhav null : fa at lows now?
15:02 MJ : Yes shai made quick 20 on F.
15:02 Sandip : finally 0dt…some brokerage…ab naa hoo payee auur circus
15:02 MJ : If you survive today’ kinda day. Pat your back.
15:02 Shai : wild freaking day
15:03 Chetan Panchal : one more dip low remains in nf
15:03 MJ : And if you are green, stay humble.
15:03 Sandip : I wanna see FII DII numbers for today..im sure this is desi circus
15:03 MJ : Yes shai. Mad freaky day. with just 95 pt range.
15:03 Rushabh : shai longs are saved and carry?
15:04 Shubro : kya trades today Govind you ok bro?
15:04 Ashutosh : 3DT done
15:04 Govind : crazy day bro
15:04 Ashutosh : thanks all
15:04 Govind : recovered most of it
15:04 Ashutosh : Shai JIt Uttam
15:04 Sandip : nice Ashutosh
15:04 Shubro : yes same here
15:04 Shai : Congrats Ashutosh
15:04 Sandip : good recovery day for Vtrender then ++ all
15:05 Govind : Congrats Ashutosh
15:05 MJ : Cheers to all .
15:05 Ashutosh : Cheers
15:05 MJ : Bye shai 🙂
15:05 Ashutosh : Bye eveyone 🙂
15:05 Shubro : well done Ashutosh
15:05 Ashutosh : eyes paining
15:05 Ashutosh : need a drink now
15:05 Shubro : get some rest bro
15:05 Ashutosh : Thanks guys for the wishes
15:05 Govind : have two for me please
15:05 Shubro : wasnt an easy day and u did awesome
15:06 Ashutosh : _/\_\
15:06 Govind : yeah, that is what is special about that 3dt
15:07 Ashutosh : posted ss in slack
15:07 Govind : I was a tad slow in exiting my shorts Shubro
15:07 Shubro : oh bugger
15:07 Govind : otherwise, I would have ended in +ve
15:07 Govind : but almost there
15:07 Uttam : Neutral Centre Shai?
15:07 Shubro : yeah almost me too
15:07 Govind : no, big harm done
15:07 Ashutosh : will recovere tomorrow
15:07 Shai : congarts guys
15:08 Ashutosh : part of game
15:08 Govind : of course Ash
15:08 Shai : mad day but we lived to tell a tale 🙂
15:08 Shubro : survivor epside 197
15:08 Govind : haha
15:08 Shai : (15:00) Shai : day lows done(15:01) Shai : cmom push back to 11720
15:08 Uttam : tom will be a move away from this 2-day bal Shai
15:08 Ashutosh : +1
15:08 Shubro : amazing Shai
15:08 Shai : 11710 F
15:08 Uttam : ?
15:08 Shubro : just amazes me
15:09 Shubro : Shai – q : what was the reason for the 658 for last chance bounce?
15:09 Govind : Shai and his ref levels are amazing
15:09 Shubro : that call made me jump up and book
15:09 Shubro : also OTF confimed
15:09 Govind : Jit, I owe you one bro…took that BNF short at 350 and it helped my recovery
15:09 Shai : saved by 2 points
15:09 Govind : SO, thanks!!
15:10 Shai : job not done by bulls well
15:10 Shai : only a strong push abv 11730F in A can save them
15:11 Uttam : chances of closing at 11730 today Shai?
15:12 Sandip : Only the elephants did a good job today..:(
15:12 Shai : bring it 🙂
15:12 Himanshu : hope we go with positive cot in NF – atlest 100K
15:12 Govind : This might close around here Shai? COT is -ve in the last 30 min candle
15:13 Shai : yes
15:13 Govind : Thanks
15:14 Chetan Panchal : doji day today
15:14 Shai : Think 11800 is still there tom
15:15 HPandey : charts lagging ?
15:15 Shai : will carry the put as insurance
15:15 Narendra : was waiting on the sidelines for the entire day (protecting the capital) just did 1 trade after 2.30 …… 11700CE Monthly 76.75 – 99 ….. done for the day now
15:15 Gaurav : weak longs shaken out i think
15:15 Govind : Congrats Naren
15:16 Sandip : GJ Naren
15:16 Shai : should hit 11800 minimum tom if we dont go beow 11680 F again
15:16 Narendra : Thanks guys
15:17 Narendra : this is what i posted in the morning ….. (10:17) Narendra : seems to be a premium eating day …… better to stay away at least for next few hours
15:18 Shai : +1
15:19 Shai : These kind of auctions like today we saw are the start of a 400 pointer generally
15:19 Shai : tough fight today
15:19 Shubro : 400 pointer in either right Shai?
15:19 Shai : no brainer short if today’s lows go in next few days but mean reversion is the plan from here
15:19 Shubro : direction
15:20 Azmath : Shai with ViX cooling off can we still see 400 points move in NF going forard
15:20 Uttam : dPOC shifting lower in NF so close will be here 11710
15:20 Gaurav : +1 shai, inventory adjustment day
15:20 Shai : yes
15:21 Shai : May 23 is the master profile right. Have shared that here and twitter too
15:21 Azmath : yep
15:21 Shai : mean revrsion as long as we are in that range
15:22 Shai : 11719 – OF never disappoints 🙂 – (15:01) Shai : cmom push back to 11720
15:22 Azmath : ok Shai.. _/\_
15:22 Uttam : +100 Shai
15:22 Rushabh : GOAT shai
15:23 Shai : 🙂
15:25 Maheshwar : shai what was at 11656 level u talked about
15:26 Rushabh : previous buyer>
15:26 Rushabh : ?
15:26 Shai : picked up by alerto
15:26 Narendra : was it 50 DEMA that I asked about yesterday Shai Sir?
15:26 Shai : yes prev buying
15:26 Anubhav : vwap close
15:26 Anubhav : draw match
15:27 Shubro : yep draw
15:27 Shubro : phew
15:27 Rushabh : shai that buyer must have been on 23rd may right
15:27 Rushabh : that was the last visit at these levels
15:27 Shai : yes
15:28 Sandip : bye all
15:28 Narendra : premium erosion on both the sides ……. tomorrow we can expect a much better directional move ….. right Shai Sir?
15:29 Anubhav : so we shud buy straddles now?!
15:29 Uttam : 2 day ‘b’ in NF with close at POC so can give a drive away Shai?
15:30 Uttam : BNF nice 2 day balance with close at dpoc too
15:30 Shai : Yes Narendra – this profile should trend away4
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 Thanika : Bye, Thanks all
15:30 Maheshwar : bye
15:31 Anubhav : bye folks
15:38 Himanshu : bye all

Order Flow charts dated 18th June

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

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

NF


BNF


Room Chat

09:49 Shai : (09:49) Shai : BUy BNF 50%25 qty at 30480 sl of 30370 tgt 30644/ 30700
(09:49) Shai : 50%25 size

10:52 Shai : (10:52) Shai : BNF at 30525. Book half size here of the trade

11:07 Shai : (11:07) Shai : Book fully the BNF trade

12:15 Shai : (12:15) Shai : Intra – Buy NF 11741 sl of 11714 tgt 11770/ 11790

13:12 Shai : NF 11742. exit the longs at cmo .

Those who want to hold can trail at 11729F the trade

13:27 Shai : (13:27) Shai : short NF 11731 sl of 11758 tgt 11694

14:02 Shai : (14:01) Shai : update- Move TSL of the NF short lower to 11744 F from 11758. cmp 11727. slow moving day today

14:45 Shai : NF 11709. Book the short trade


09:01 Vtrender Live : options screen- https://join.me/506-194-106
09:02 Shai : GM all
09:03 Shai : https://vtrender.in/market-profile-analysis-dated-14th-june/
09:03 Anubhav null : gm
09:03 Krishan : gm
09:03 MJ : Good morning Shai and everyone.
09:03 Shai : https://vtrender.in/weekly-charts-10th-june-to-14th-june-and-market-profile-analysis/
09:05 Thanika : GM all
09:05 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/261339829
09:05 Sujeet : screen nt visible
09:07 Chandrashekhar : GM all
09:07 Chetan Panchal : gm
09:08 Sujeet : COT ws postve last 30 mins.. gud divergence for a bounce
09:08 Ramakanth : the option screen is different ?
09:08 Ramakanth : or something ?
09:11 Ramakanth : Good morning all
09:11 Ramakanth : thats fine i am good
09:11 Bhupinder : Good Morning
09:12 TP : GM All.
09:13 Sandip : GM All
09:13 Rajan : Good morning to all
09:14 Govind : NF below spike low
09:14 Govind : and BNF
09:15 Govind : Vix up 5%
09:18 Anubhav null : short trade?
09:18 Govind : Wait for Shai
09:18 Sujeet : seeing COT if we has BTST ..sl wd hv easily..so MP is heart..
09:19 MJ : Spike rules at play.
09:19 Govind : COT turning -ve now
09:19 Shai : weak below 11830F
09:19 Shai : today
09:20 Anubhav null : some greens at alows
09:20 Shai : 11784 supp 1
09:22 Sujeet : 786 low
09:27 Shai : Buyers are not in yet
09:27 Shai : COT is negative from open
09:27 Sujeet : why d COT ws postve at end..strange
09:27 Uttam : 11749 is 1ATR from the weekly FA of 12023
09:29 Kiran : chart not refreshing
09:29 Sandip : yep Uttam, Im also looking at arnd similar levels
09:30 Uttam : hypo2 done in both
09:31 Shai : charts are fine?
09:31 Govind : Yes
09:31 Uttam : yes Shai
09:32 Govind : Uttam, why black today?
09:32 Govind : Need you in green..:)
09:32 Uttam : other laptop acting cranky so yet to login as moderator 🙁
09:33 Shai : allowing the auction to settle here
09:33 Govind : Oh ok.
09:33 Shai : bias remains down below spike lows
09:33 Boppanna : 11760 Spot still the number to watch Shai?
09:33 Boppanna : *zone
09:33 Shai : 11738 intra allowance
09:34 Shai : yes
09:34 Boppanna : thx
09:34 Uttam : 11725 is the 1atr move
09:37 Uttam : 11730 is a weekly vpoc too in spot
09:38 Shai : yes
09:38 Shai : usdinr move has the market worried
09:38 Shai : almost 70 again
09:40 Sandip : options were pretty strong since morning, but spot needs to support again downwards
09:41 Chetan Panchal : 0 s
09:42 Chetan Panchal : COT turnng +
09:43 Govind : 11800 wekkly CE OI is up almost 55% this morning
09:44 Sandip : Yes Govind, stong writing over there
09:45 Anubhav null : bnf abive wap can bounce
09:45 Govind : Big boys want this to go down Sandip?
09:45 Sujeet : same was last week on 30800 call and market just boom to 31k .. OI dsnt tell real picture..at EOD nly its helpful
09:46 Sandip : Yes looks like it
09:46 Sandip : atleast till 11750
09:47 Sandip : NF
09:47 Govind : ok
09:47 Sujeet : bnf greens
09:49 Amit : hello
09:49 Uttam : Good Morning All 🙂
09:49 Sandip : Not true Sujeet, Intra OI is also quite helpfull when coupled with spot and NF orderflow
09:49 Shai : BUy BNF 50% qty at 30480 sl of 30370 tgt 30644/ 30700
09:49 Shai : 50% size
09:50 Sandip : Hi Uttam
09:50 Uttam : BNF Fridays positve COT continues today also
09:50 Uttam : almost 50k plus as of now
09:50 MJ : Ah now much better Uttam 🙂 your comments stand out.
09:50 Govind : +1
09:50 MJ : Thanks.
09:51 Uttam : 🙂 laptop finally got out of weekend mode 😉
09:51 Sandip : 🙂
09:51 Govind : too many indo-pak memes 🙂
09:52 Sandip : hahah
09:55 Chetan Panchal : 0s in nifty
09:56 Maheshwar : why ths 25275 is not printed in green in nf
09:57 Sandip : small buyer in NF at lows
10:00 Sandip : things slowing down in NF
10:00 MJ : Maheshwar Aggressive Buyer/seller gets printed in green/red.
10:01 Maheshwar : 7125 was green but not 25275
10:02 Sandip : nice im out
10:02 Sandip : 2x Dt in
10:03 Govind : Congrats Sandip
10:03 Sandip : 11897-11857
10:03 MJ : Maheshwar, Aggressive buyers sellers are based on order type. Not the qty.
10:03 Uttam : (09:27) Uttam : 11749 is 1ATR from the weekly FA of 12023
10:03 Sandip : Thanks Govind
10:04 MJ : @uttam add in.
10:04 Uttam : nice Sandip 🙂 congrats
10:04 MJ : Cheers Sandip 🙂
10:04 Uttam : 11797-757 Sandip
10:04 Shai : 11754 place for a boucne in NF if any today
10:04 Sandeep : Think green print comes if the diagonal ratio crosses a level pre-set by Shai. Since 25275 has a 0 diagonally below it, the system skips calculating the ratio
10:04 Sandip : haha yep Uttam
10:04 Sandip : Fat fingers 🙂
10:04 Sandip : Thanks Guys
10:05 Uttam : you seem to have got pretty big quantity Sandip 😉 big greens in NF
10:05 Uttam : 55k almost
10:05 Shai : 25275 had a mix of SL orders hence – (10:01) Maheshwar : 7125 was green but not 25275
10:05 Uttam : yes that 25275 has 0s below it
10:05 Shai : aggarssive orders are market orders
10:06 Sandeep : Whats the diagonal ratio for a colour print ? 1:4 ?
10:06 Ashutosh : 1:3 i guess
10:06 Sujeet : prce fallng COT gettng postve mostly..
10:07 Sandip : These 25k, 27k and 26k in NF are new buyers…but medium quantity
10:07 Uttam : ohh they are not your cover orders 😉
10:07 Maheshwar : ok shai sir
10:07 Sandip : rulayega Uttam aaj mujhe xD
10:08 Hardik Jikkar : Red and green numbers are imbalances. What about green and red borders?
10:08 Ashutosh : guys Long bias ?
10:08 Hardik Jikkar : See 9.55 candle. It hass red and green border.
10:08 Uttam : _/\_ Sandip 😉 just kidding
10:09 Sandip : 🙂
10:11 Chetan Panchal : nf big numbers are RB >
10:18 MJ : C side? ext?
10:20 Shai : higher set of imbalances – (10:08) Hardik Jikkar: Red and green numbers are imbalances. What about green and red borders?
10:20 Shai : we have 3 sets actually – the bands are the highest
10:20 Hardik Jikkar : got it. Thanks shai sir
10:20 Shai : print is set at 300%- (10:06) Sandeep : Whats the diagonal ratio for a colour print ? 1:4 ?
10:21 Sandeep : Tx
10:21 Shai : not number , % diff
10:21 Shai : BNF looking for a bounce here hence the long trade- we are trading the zone of May 23 reversal
10:22 Shai : that snap back started from here and we never looked back till today
10:22 Shai : 50% qty because we are still in responsive mode and the initiative buyer not yet here
10:22 Sandip : BNF Cot also better than NF Cot
10:23 Shai : should take out vwap for it to climn today
10:24 Shai : 30396- 30400 zone is a strong supp for the auction in BNF
10:24 Uttam : NF is not letting BNF also t bounce
10:24 Chetan Panchal : w ehave green and red bands too
10:25 Uttam : yes bands are the highest form of imbalance
10:25 Sandip : options downwards side movement in NF getting slowed down sa compared to first 45 mins
10:26 Sandip : maybe some 15-20 pts move still remains…will not trade it though..will look for better buying level
10:30 Himanshu : PM addressing press – today 1st Session of New Team
10:30 Himanshu : Somehow he always evokes hope –
10:35 Himanshu : Advising press to be positive wibe creator instead of looking for only TRP
10:36 Chetan Panchal : lol
10:37 MJ : C low 11754.15 /\ (10:04) Shai : 11754 place for a boucne in NF if any today
10:47 Sandip : looks lsike we are gonna head lower from 11767…unless we break above 11798
10:48 Govind : Sandip, OI in 11800 CE is up around 72% now
10:48 Sandip : yep
10:49 Sandip : other options build up has slowed also.. but is slow and steady ..in these small 15 pt upmoves…maybe a 11740 break remains..
10:50 Ashutosh : boom
10:52 Himanshu : let it now go to 12K – NF by tom
10:52 Govind : Hope it tests the spike highs
10:52 Shai : BNF at 30525. Book half size here of the trade
10:52 MJ : +1 cheers shai.
10:53 Sandip : +1 Shai
10:53 Jitender : Uttm..69 Maruti PE cost 103 odd approx….booked 260….all tgts done 🙂
10:53 Govind : +1 Shai
10:53 Jitender : +1 Shai
10:54 Shai : Vol is not good for 640 but we may get 580
10:54 Govind : Ok Shai
10:54 Sujeet : ok
10:55 Uttam : +1 Shai nice trade
10:55 Gaurav : NF needs a push above vwap for more upside
10:55 Uttam : super Jit 🙂 congrats on riding the full move on Maruti
10:56 Shai : +1- (10:53) Jitender : Uttm..69 Maruti PE cost 103 odd approx….booked 260….all tgts done 🙂
10:56 Jitender : yr lvls .:)
10:56 Jitender : tx gentlemen
10:58 Shai : BNF may pop up now’
10:59 Shai : Vol coming
10:59 Uttam : yes more than 1L in last 10mins
10:59 Shai : morning shorts cornered
10:59 Uttam : greens at VWAP with 0s
10:59 Shai : 24+13K COT
11:00 Uttam : +1 30470 sup now Shai?
11:00 Shai : 30465
11:00 Uttam : thanks 🙂
11:00 Shai : just below the 0’s
11:00 Uttam : yep got it
11:00 TP : Any IT hardware guy in room , have a query posted in random channel slack.
11:01 Shai : should hold for dat
11:02 Rushabh : shai we almost held 11760, whats the view?
11:02 Abhishek : i Joined today.. anyone who will explain how to read the charts ?
11:02 Shai : Month is still sideways Rushabh
11:03 Shai : but work needs to be done
11:03 Rushabh : Oh okay
11:04 Shai : Anhishek, go through your welcome kit, it is already documented in detail there
11:04 Abhishek : ok
11:04 Govind : Welcome to the Room, Abhishek!
11:07 Shai : Book fully the BNF trade
11:07 Maheshwar : shai sir is there any video on COT by you
11:08 Shai : I go as Shai , nothing before nothing after 🙂
11:08 Maheshwar : ok
11:08 Shai : For COT look up #learning strategies
11:09 Shai : on slack
11:09 Maheshwar : ok
11:11 Sandip : This upmove in Nf, was not sstrong enough..options still holding downside momentum for now..unless 11797 breaks
11:12 Sujeet : looks like new low
11:13 Sujeet : @shai..11660 ur view below 11770?
11:13 Sandip : 🙂
11:14 Shai : 11730/ 11710 is we break IBL
11:15 Shai : BNF gave back too much
11:16 Sujeet : okk
11:16 Chetan Panchal : bnf high YC
11:17 Kiran : what is yc?
11:18 Chetan Panchal : yesterdays close
11:26 Uttam : small RB coming in NF at 11760 looks like
11:27 Uttam : poor lows there in NF though
11:29 Ramakanth : RB is range break ?
11:29 Uttam : responsive buying
11:29 Ramakanth : oh ok
11:29 Ramakanth : thx
11:29 Uttam : supply persissting
11:30 Shai : who is doing a bad jon here – on intra day perpective?
11:30 Ramakanth : ok
11:30 Sandip : Buyers Shai
11:30 Shai : (11:30) Shai : who is doing a bad job *here – on intra day perpective?
11:30 Maheshwar : sellers
11:30 Chetan Panchal : buyers . COT up but not sustaining
11:30 Sandip : 🙂
11:30 Narendra : Buyers
11:31 Sujeet : Yes price down…tough fr buyers to hold
11:32 Himanshu : Sellers – Chief
11:32 Uttam : 11751 new low in NF
11:33 Uttam : (09:27) Uttam : 11749 is 1ATR from the weekly FA of 12023
11:33 Uttam : 11749 tagged
11:33 Uttam : weekly FA rocks
11:33 Sandip : oh yeaa
11:33 Sumesh null : the,
11:34 Sandip : 75% out 3 DT in total
11:34 Sandip : + 1 Uttam
11:35 Uttam : (11:27) Uttam : poor lows there in NF though….repaired
11:35 Uttam : some late reds could get stuck here in NF?
11:36 Ram : What is FA
11:36 Anubhav null : yeah looks like
11:36 Uttam : Failed Auction @Ram
11:36 Ram : Thanks Uttam
11:36 Uttam : 🙂 welcome
11:37 Sandip : Yes uttam, I dont like them stuck reds as well 🙁
11:37 Sandip : they making the mkt grind
11:37 Uttam : (09:34) Uttam : 11725 is the 1atr move(09:37) Uttam : 11730 is a weekly vpoc too in spot Nifty Spot low so far 11736
11:38 Govind : +1….11:33 Uttam : weekly FA rocks
11:39 Uttam : d) Below 11770, lower levels of 11750-745 & 11722-710 could be tagged….NF low so far 11745 to the dot
11:50 Uttam : (11:30) Shai : (11:30) Shai : who is doing a bad job *here – on intra day perpective?…it is the sellers Shai? unable to make a range extension lower & extend IB inspite of A period singles
11:54 Boppanna : I feel buyers had the morning sellers cornered in BNF but gave vwap and DLos testing npw
11:54 Boppanna : *now
11:54 Boppanna : so buyers doing a bad job?
11:56 Uttam : in BNF it was Bops but NF morning singles got tagged & immediately rejected
11:57 Uttam : BNF also rejecting from the monthly IBL of 30562
11:57 Jitender : the rise BoP at 10.40ish was due to sum fryday’s sellers cvrn…as Shai said tere hasnt been much buyn so far n the first rise was sold in2
11:58 Boppanna : ok thx Uttam & Jit
11:59 Uttam : NF got rejected from VWAP & BNF from that monthly IBL so PLR to the downside
12:00 Uttam : BNf finally completes hypo 2 in a grind
12:00 Uttam : took ages to tag 30400
12:01 Uttam : 10k red in BNF at lows
12:02 Uttam : longs SL or initiative seller?
12:03 Boppanna : That 30200pe 155-160 on watch
12:03 Uttam : BN Spot completes the 1 ATR move down from weekly FA of 31399
12:03 Uttam : 30386 it was
12:09 Sandip : nice
12:09 Sandip : aalout ..rest 25%
12:09 Himanshu : 68K green
12:09 Himanshu : 10K stuck I guess
12:10 Himanshu : uttam those green is profit bookng
12:10 Himanshu : or new buyer
12:11 Uttam : mix of orders that 68k looks like
12:11 Uttam : 0s at lows
12:11 Uttam : Nifty Spot completes the 1atr also now 11722 low
12:12 Sandip : Sellers were always better than buyers today…(10:47) Sandip : looks lsike we are gonna head lower from 11767…unless we break above 11798(11:11) Sandip : This upmove in Nf, was not sstrong enough..options still holding downside momentum for now..unless 11797 breaks
12:12 Narendra : Shai Sir if we close below 11760 today then what are the lower targets we can expect for this series?
12:13 Uttam : (11:14) Shai : 11730/ 11710 is we break IBL
12:13 Govind : 11710 please Uttam 🙂
12:13 Uttam : 11716 is 1.5 IB
12:13 Sandip : Yep, 65k is part buyer, part srt covering
12:14 Uttam : COT moving higher in both
12:15 Shai : Intra – Buy NF 11741 sl of 11714 tgt 11770/ 11790
12:15 Uttam : some stuck sellers & positive COT reason for the buy call Shai for a tag to VWAP?
12:16 Uttam : profile wise also looks like making another ‘b’
12:16 Shai : yes auction looks complete with the 0’s and ready to test vwap
12:17 Uttam : +1 thanks Shai
12:18 Uttam : it is the sellers who were doing a bad job today Shai?
12:23 Shai : auctions start and auctions complete – It pays to know when auctions complete
12:23 Shai : we find it through 0’s on the chart whick means the auction did not find new business
12:24 Ramakanth : thnx
12:24 Shai : Most of the other orderflow paltforms will never show you this basic tenet of the orderflow
12:24 Ram : thanks @shai
12:24 Uttam : +100 Shai
12:24 Thanika : thanks Shai for the explanation
12:26 Govind : Shai, is it true that a majority of hedge funds use OF in their trading desks?
12:26 Shai : it has a short life span though and is to be used only for quick entries or exits
12:26 Shai : there is always a bugger time frame lurking in the market
12:26 Shai : bigger*
12:27 Shai : that 30488 F 0’s created that upmove to 30568 earlier in BNF but was broken and is now a supply for 90 mins and counting
12:32 Maheshwar : (12:24) Shai : Most of the other orderflow paltforms will never show you this basic tenet of the orderflow. shai if it is showing 0 , then if no trade has happened thr, then how of is showing it
12:33 Anubhav : shai i was wondering why no short at morning was given even tho we broke spike lows at 11815?
12:39 Shai : @Maheshwar all ticks are never captured fully
12:40 Shai : Anunhav the NF short was right but I was also ooking at a long in BNF. would have confused the newbie traders and we had to choose 1
12:40 Sandip : IS the chart lagging?
12:41 Uttam : yes just refreshed
12:41 Sandip : cant see the new day low
12:41 Anubhav : ok thnx shai
12:41 Sandip : Thanks Uttam
12:41 Uttam : 30353 in BNF is here so is Shai’s 11730
12:42 Sandip : +1 Shai
12:44 Shai : Niot mor ethan 20 point bounces all morning
12:44 Shai : H and I periods can onloy change that
12:45 Shai : window is 45 mins now for vwap
12:47 Sandip : 11725 sl hit would have been good for that upmove towards vwap
12:48 Shubro : wish granted (almost) sandip
12:48 Anubhav : reds at lows again
12:51 Chetan Panchal : bnf tagged election day low
12:52 MJ : Yes chetan.
12:54 MJ : I was watching https://mplite.vtrender.com/?symbol=bankNIFTY&startDate=23-05-2019&nDays=41&tpo=3&isComposite=1
12:58 Rajiv : Shai is the NF long call in?
12:58 Shai : Awesome MJ
12:58 Shai : yes- (12:58) Rajiv : Shai is the NF long call in?
13:00 MJ : Thanks chief.
13:00 MJ : As a practice, side window has a larger composite open on the instrument I trade.
13:00 MJ : Thanks to Suyog and you.
13:01 MJ : for mplite.
13:06 Sujeet : buyers still missing?
13:07 Rajiv : JIT BNF kharido!! Only then we will see a recovery
13:08 Sujeet : yes i see bnf spike more furious today than NF
13:09 Anubhav : here goes
13:09 Abhishek : icici will lead it, looking strong
13:09 Sujeet : spike bnf
13:11 Sujeet : again cdnt spike abve vwap
13:11 Shai : NF 11742. exit the longs at cmo .Those who want to hold can trail at 11729F the trade
13:14 Sandip : NF day cot down..but bnf is still holding
13:15 Chetan Panchal : we are not able to enter IB zone. IBL resisting
13:15 Himanshu : RB in nF
13:17 Sandip : Himanshu where rb?
13:20 Sujeet : `looks like new low cmng
13:21 Shai : shoukd break lows yes
13:23 Anubhav : below dlo…11600 singles tgt then?
13:23 Sujeet : came
13:24 Sandip : noice
13:25 Anubhav : red stuck?!
13:25 Sandip : Shubro ne ghaseet hi di bhains paani mein xD
13:26 Sujeet : yes
13:26 Sujeet : now might spike
13:26 Shubro : bhains sigh!!
13:27 Shubro : aaj scuba mood since morning looks like
13:27 Shai : short NF 11731 sl of 11758 tgt 11694
13:28 Shai : risk of a spike is there still but NF buyers have disappointed all day and not coming in
13:29 Shubro : that 11800 combo tured from 122 now 139
13:29 Shubro : *turned
13:31 Shubro : any bad news being priced in ?
13:31 Sandip : This right here was the correct answer to who was notdoing a good job.(13:28) Shai : risk of a spike is there still but NF buyers have disappointed all day and not coming in
13:34 Sandip : buyers were there..but never good enough
13:34 Uttam : 47k red at 11726 in NF – stuck seller?
13:35 Sandip : yes Uttam
13:38 Uttam : NF yet to tag 1. 5 IB though has been OTF down since open apart from that pull back in D
13:39 Anubhav : 11700 spot holding for now look like
13:39 Uttam : I still feel it is the sellers who are still doing a bar job here
13:39 Uttam : bad*
13:39 Shubro : screen gone
13:40 Sandip : true…but buyers not doing too good a job themselves..+mass grinding on
13:40 Sandip : screen?
13:40 Uttam : The market direction is down since start to we need to see if the sellers are doing a good job
13:40 Uttam : buyers will have to overpower the supply, go against the trend
13:41 Rushabh : uttam no signs of them and not even in COT
13:41 Uttam : grinding on when the direction should have been down means sellers are finding it tough to probe lower?
13:41 Rushabh : or buyers failing again and again?
13:43 Uttam : first we need to see who is driving the auction
13:43 Sandip : Not really, Grinding is happenning more in CE than it is in PE..Thats another way of looking at it also
13:43 Uttam : the next step is to check if they are doing a good job
13:43 Sandip : Yes Uttam true
13:44 Sandip : sadly the day is filled with medium players
13:44 Uttam : ‘b’ profile on the daily showing that sellers are finding it tough to extend range
13:44 Uttam : poor lows in BNF also suggesting exhaustion
13:45 Sandip : Uttam
13:45 Sandip : These 2 5 min bars in NF having 0’s can be a ledge?
13:46 Sandip : or is the time frame supposed to be more
13:46 Uttam : those stuck reds in NF getting out here looks like
13:46 Sandip : at 11740
13:46 Uttam : 25k greens in this bar
13:46 Anubhav : hmm
13:46 Anubhav : needs to stay above dpoc now
13:49 Uttam : we do have a anomaly in the profile Sandip at that 11754 -750 zone
13:49 Sandip : Thanks Uttam
13:53 Shubro : repeating pattern today no lower lows then resisting and then new lows?
13:53 Shubro : now big reds in 30 min
13:54 Maheshwar : someone mic is on, pls mute it
13:54 Uttam : yes 11736 should hold now
13:55 Uttam : 30k red at new lows
13:56 Uttam : need a high vol bar now in both to lead the afternoon move if any coming
13:59 Uttam : d) Below 11770, lower levels of 11750-745 & 11722-710 could be tagged…NF low so far 11721
14:00 Uttam : d) Below 30400, BNF can probe lower to 30350 & 30285-250…BNF low so far 30351
14:01 Shai : update- Move TSL of the NF short lower to 11744 F from 11758. cmp 11727. slow moving day today
14:04 Uttam : BNF looks like getting ready for a move lower now
14:05 Uttam : needs some more confrimation though
14:05 Chetan Panchal : iv down , pcr down call OI up – happens at support zones
14:06 MJ : That mb top 30422 to watch.
14:06 Uttam : boom boom
14:06 Govind : Spot moving up
14:06 Uttam : yes BN spot stopping the OTF down move
14:07 Uttam : J making higher high
14:07 Uttam : lets see what I has in store
14:07 Boppanna : High 159 12:03 Boppanna : That 30200pe 155-160 on watch
14:07 Uttam : nice Bops 🙂 +1
14:08 Sandip : nf spot also showing signs of small up move
14:08 Chetan Panchal : bnf – FGHJ ledge in making 30440
14:08 Uttam : BNF tags IBL
14:09 Uttam : VWAP also there
14:09 Chetan Panchal : yes
14:13 Ashutosh : i have 30500ce @145 stuck there
14:13 Ashutosh : any advice
14:13 Ashutosh : suggestionn ?
14:13 Ashutosh : 155*
14:14 Govind : What is your SL, Ash?
14:14 Ashutosh : not placed anything
14:15 Ashutosh : may take 135 as sl
14:16 Govind : Ok, I’ll tell you what I’d do and rest up to you. If this trade has lost me money around 1X of my DT, then I would exit immediately.
14:16 Ashutosh : after loss of this thare m up 0.5 DT
14:16 Govind : Overall?
14:16 Ashutosh : up 0.5DT
14:17 MJ : 130 DLO there. Ashutosh.
14:17 Govind : Ok, both indices are going down bro.
14:17 Ashutosh : take 130 as sl?
14:18 MJ : thats my sl.
14:18 MJ : Shai uttam veterans can suggest better.
14:19 Ashutosh : sure thanks MJ
14:19 Anubhav : divergence in traditional tech charts
14:19 Anubhav : a bounce is coming i think
14:20 Govind : PEs gaining faster now Sandip?
14:20 Anubhav : round number support 11700 spot
14:20 Jitender : every bounce 2 420bnf has been sold in2
14:20 Jitender : tats needs to b crossed fr SC
14:21 Ashutosh : boss comes here
14:21 Govind : 11721 holds again, since that 35 k reds at lows Uttam?
14:21 Ashutosh : thanks Jit
14:22 Jitender : boss has a very naughty full form 🙂
14:22 Jitender : Jit is better
14:22 Ashutosh : lol 🙂
14:23 Amit : ha ha
14:23 Sumesh null : jit means just in time
14:23 Anubhav : ek aur koshish by bulls
14:23 Ashutosh : perfect
14:24 Ashutosh : Jit buying ?
14:24 Anubhav : haha
14:24 Anubhav : vwap aayi fir to nf me pakka
14:24 Jitender : no positions as of now
14:24 Jitender : watchn 🙂
14:25 Jitender : 30370-420 range
14:25 Ashutosh : what ? long bias or short ?
14:25 Ashutosh : okk
14:25 Jitender : either side will trade
14:25 Ashutosh : thanks
14:26 Jitender : bnf has been in range / MB since almost 1.45 hrs
14:26 Ashutosh : yes
14:26 Ashutosh : and its 2,30 now
14:29 Himanshu : Uttam – is gona make B profile or Extension Down
14:29 Chetan Panchal : what is bnf vwap ?
14:29 Chetan Panchal : i mean value
14:29 Ashutosh : 20440
14:29 Ashutosh : 30440
14:29 Chetan Panchal : ty
14:32 Anubhav : somegreens again in nf
14:36 Thanika : Is the volume waiting again for L period??
14:38 Shai : BNF weaker
14:38 Shai : can run down to 30260
14:42 Uttam : super timing Shai 🙂
14:43 Amit : daya dlow tod do – NF
14:43 Uttam : 30600ce being written
14:44 Himanshu : Uttam greens in Nf
14:44 Rushabh : NF
14:45 Uttam : 0s in between in that bar Rushabh
14:45 Narendra : RBI Governor’s Statement has definitely dampened the sentiment further …… one more TV Trade 30200PE 132 – 169
14:45 Shai : NF 11709. Book the short trade
14:45 Sandip : bought some nf options for 56….11700 strike
14:45 Rushabh : that mean uttam resistance?
14:45 Shubro : Sndip long or short?
14:45 Sandip : long
14:46 Sandip : CE
14:46 Shubro : hmm
14:46 Shai : 11723 supply if holding
14:46 Sandip : im just looking for 10-15 pts..56-66-70 srts maxx
14:47 Sandip : + 1 Shai
14:47 Uttam : more downside there in both looks like
14:48 Sandip : 88 k looks like a short cover order
14:49 Shubro : yeah down not over it seems
14:49 Sandip : and spot also has give some signs for a small jump up
14:49 Sandip : maybe 20 pts reamining on downside?
14:49 Sandip : maxx
14:51 Uttam : d) Below 11770, lower levels of 11750-745 & 11722-710 could be tagged…done to the dot
14:51 Sandip : Nice 1 Uttam
14:51 Thanika : +1
14:51 Uttam : _/\_ thanks guys
14:51 Govind : Yes Uttam, what would we do without your Hypos man? Thanks
14:51 Shubro : Uttam lol whats below 710?
14:51 Amit : +1
14:51 Govind : 11680 Shubro
14:52 Shubro : waaah
14:52 Govind : 11648 – 640
14:52 Sandip : hahaha
14:52 Govind : after that
14:52 Sandip : lol Govind
14:52 Shubro : hehehe
14:54 Shubro : ok man weird slow day any inputs for a 3:05?
14:54 Jitender : a tv guy took a long bnf ratio ay 370 on a WA grp…told him tat plr is dwn…n we made new lows
14:54 Uttam : Sandip making this bounce
14:54 Uttam : nice Jit +1
14:54 Jitender : but bnf is bck up
14:54 Govind : So that last move was all retail Jit?
14:55 Uttam : yes poor lows being the order of the day since morning
14:55 Govind : Oh, you told him the PLR was down…ok, got it
14:55 Uttam : we have grinded to a 1.5 IB move down
14:55 Jitender : n sum guys cvrn their shrts
14:55 Shai : +1- (14:49) Sandip : and spot also has give some signs for a small jump up
14:56 Uttam : more writing in that 30600ce
14:57 Narendra : Shai Sir if we close below 11760 today then what are the lower targets we can expect for this series?
14:58 Sandip : 11735 would be a good level to close at
14:58 Sandip : above 11735
14:59 Shai : 11610- 626 would give a minor supp below that 11400 – (14:57) Narendra : Shai Sir if we close below 11760 today then what are the lower targets we can expect for this series?
15:00 Shai : yes – (14:58) Sandip : 11735 would be a good level to close at
15:00 Shai : could make it neutral
15:00 Govind : Good for a morning bounce Sandip? 11738 is where we got the zeroes today.
15:01 Uttam : yes ‘b’ profile today in both so that dPOC will be imp reference for tom
15:01 Jitender : 370 held so far
15:01 Jitender : (14:25) Jitender : 30370-420 range
15:02 Uttam : 3:05 move coming Jit?
15:02 Jitender : shld
15:02 Rajiv : jit you mean down?
15:02 Jitender : my stops r at 385
15:02 Uttam : (14:56) Uttam : more writing in that 30600ce
15:03 Ramakanth : uttam how did you know ?
15:03 Jitender : OI
15:03 Uttam : OI increasing big vols & price falling
15:04 Narendra : falling premium and rising OI
15:04 Uttam : break of 99 in that CE was a short
15:04 Ramakanth : thx
15:04 Ramakanth : guys
15:04 Uttam : already 20points down in 30mins
15:05 Uttam : 115 hvn in that CE so if closes above it then BNF can give a bounce
15:05 Uttam : 30300ce&pe both at 190-195 levels
15:06 Uttam : now PE moving up
15:07 Sandip : options through this drop in NF 11728-11702..still looking positive..lets see
15:10 Sandip : Uttam, How are bnf options looking?
15:10 Narendra : (14:45) Narendra : RBI Governor’s Statement has definitely dampened the sentiment further for sure today .
15:10 Chetan Panchal : big COT in nf
15:11 Shubro : SLs
15:11 Uttam : 30300ce OI rising now but still half of what 30300pe has
15:12 Govind : 11680 coming Shubro?
15:12 Narendra : is 11657 any significant level Shai Sir? (50DEMA) Spot NF
15:12 Shubro : consider aa gaya
15:12 Shubro : not today then tomorrow watch closing COT
15:13 Govind : ok
15:13 Shubro : but i am out not holding more
15:13 Shubro : might see SC anytime
15:14 Shai : Levels are significant only if vol is traded- (15:12) Narendra : is 11657 any significant level Shai Sir? (50DEMA) Spot NF
15:14 Narendra : ok
15:15 Govind : Shai, any overnight calls?
15:16 Shai : If in bot short then reduce
15:16 Govind : No, I am all out Shai.
15:17 Shubro : Sandip i am going in small long now
15:17 Shai : strong sell signal in NF
15:17 Shai : looking for a follow up sell
15:17 Shubro : aiyoo
15:17 Shubro : no SC so far
15:17 Uttam : some of the longs exiting Shai?
15:18 Shubro : BOT saying so Shai? alerto is it?
15:18 MJ : Shai that 11523 zone never traded last month. Would love if we say hello to that levels.
15:18 Jitender : nf been a good boy (15:02) Uttam : 3:05 move coming Jit?(15:02) Jitender : shld
15:18 Govind : This last candle has -50k COT
15:18 Uttam : +1 Jit
15:18 Uttam : b profile so PLR was down for a spike
15:18 Shai : Bot ius short in both – (15:18) Shubro : BOT saying so Shai? alerto is it?
15:18 Maheshwar : can we carry short for tomorrow
15:18 Shubro : wow okies (greedy pig here)
15:19 Shai : one rise should come from this close Maheshwar
15:19 Shai : but would get sold
15:19 Uttam : yes better to short the bounce
15:19 Jitender : booked 311 (14:25) Jitender : 30370-420 range(14:25) Jitender : either side will trade(15:02) Jitender : my stops r at 385
15:19 Uttam : congrats Jit
15:20 Jitender : tx
15:20 Govind : Another l(e)arning day
15:20 Shubro : good day so far
15:20 Govind : Yah Shubro
15:20 Uttam : (15:02) Uttam : (14:56) Uttam : more writing in that 30600ce….new day lows in this
15:20 Jitender : +1
15:21 Uttam : 99 to 74 though I exited earlier
15:21 Uttam : 5 more points for that 11680
15:21 Jitender : congrats…gd trade
15:21 Uttam : thanks Jit 🙂
15:21 Uttam : was looking at a low risk one
15:22 Govind : Good one Uttam
15:22 Jitender : i know
15:22 Shubro : but Jit isnt this very oversold now?
15:22 Uttam : f) Break of 11710 can trigger a move lower to 11680 & 11648-640
15:22 Jitender : ys Shubro……but were r buyrs
15:22 Uttam : we got an ext handle today at 11710
15:22 Shubro : right Jit
15:23 Jitender : bnf has sum spunk….but nt nf
15:23 Jitender : so 370 on watch fr ny upsodes
15:23 Chetan Panchal : ext handle cant be at bottom-
15:23 Jitender : sides
15:23 Uttam : BNF getting some good vols here
15:24 Uttam : NF also looks like day low done
15:24 Anubhav : pak fii are sellig nf today out of anger due to yest loss
15:25 Shubro : pak has FII’s?
15:25 Uttam : dPOC shifting lower in both?
15:25 Anubhav : yeah lol
15:26 Uttam : BNF dPOC shifts to lows
15:26 Uttam : 30320
15:26 Uttam : poor lows in it
15:26 Anubhav : match me jo loss hua vo aaj yaha poora kar liya shubro
15:26 Govind : NF COT in this last candle has turned +ve to 20K
15:26 Uttam : so better candidate for a bounce
15:27 Sandip : seems llike a good level for nf to hold
15:27 Shai : one samll bounce to 11740 F tom
15:27 Uttam : yes above 11710 can tag that 11735-740
15:27 Sandip : yes Shai perfect
15:28 Uttam : 30400 / 30480 in BNF if today lows held
15:28 Anubhav : gap up?!
15:29 Praveen : 15:27 Shai : one samll bounce to 11740 F tom. Can we short here tomm ?
15:29 MJ : Bye shai and all. See you tomorrow.
15:29 Uttam : BNF profile looking like a woodpeckers nest
15:29 Govind : Haha
15:29 Shubro : big pecker that woodie
15:29 Govind : Bye all
15:30 Shubro : bye guys good day
15:30 Shai : yes 1174- 49 should give a short opp if it comes
15:30 Govind : I was waiting for that Shubro
15:30 Uttam : thanks All 🙂
15:30 Shubro : lolol
15:30 Uttam : have a lovely evening
15:30 Govind : Bye
15:30 Shai : if no gap down an inside day tom with 11750 as supply
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Anubhav : bbye thnx all
15:30 Thanika : bbye all..
15:30 Sandip : bye
15:31 Maheshwar : ok shai
15:33 Himanshu : bye all
15:33 Himanshu : 30300 PE – did not shot up
15:33 Himanshu : even at low point of the day#

Order Flow charts dated 17th June

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

09:23 Shai : (09:23) Shai : Intra – short BNF below 30885 sl of 30999 tgt 30706.

09:31 Shai : (09:31) Shai : BNF 30805. Book half here and ride some at cost

09:45 Shai : (09:45) Shai : BNF – book the trade fully

12:26 Shai : (12:25) Shai : short NF below 11872 sl of 11899 tgt 11840. cmp 11877 short below

12:56 Shai : (12:55) Shai : make exits in the NF shorts at 11872 just cost

14:47 Shai : short BNF below 30820 sl of 30899 tgt 30700 cmp 30850 short below

14:55 Shai : (14:55) Shai : BNF 30788 book fully


09:00 Chandrashekhar : GM all
09:02 Deepak : GM
09:02 Rajendra : Good Morning
09:04 Shai : GM all
09:04 Sumesh null : gm all
09:04 Uttam : Good Morning All 🙂
09:04 Himanshu : Good Morning All#
09:04 Sujeet : gm all
09:05 Shai : GM alll
09:05 Sujeet : cn we see COT after 3.05.. its huge negatve cmprd to 2.4 lkhs postve ystrday
09:05 Rajiv : GM all
09:05 Sujeet : did they sell at end?
09:05 Anubhav null : hello
09:06 Kiran : Good Morning sir
09:07 Shai : https://vtrender.in/market-profile-analysis-dated-13th-june/
09:09 Sujeet : anyone view on OF after 3pm?
09:10 AN : good morning all
09:10 Chetan Panchal : Gm
09:10 Shai : RS one lakh seller- (09:09) Sujeet : anyone view on OF after 3pm?
09:10 Uttam : @Sujeet my view I gave in room yesterday itdself
09:11 Sujeet : cdnt see as i went off ..
09:11 Yogesh : GM……to all
09:11 Sujeet : ok thanks shai
09:12 Uttam : all chat is there in the 30min OF post
09:12 TP : GM All.
09:12 Uttam : in case you miss or want to revise, it is always there on the webste 🙂
09:16 Uttam : Shai option charts need to be updated?
09:18 Amjad : gm all
09:18 Maheshwar : gm all
09:19 Shai : am updating the option charts
09:19 Uttam : thanks Shai
09:22 MJ : Good morning Shai and all.
09:22 Yogesh : charts a ffrozen
09:22 Uttam : nice greens coming in NF
09:22 Yogesh : Charts not moving
09:22 Uttam : looks like those end of day reds covering here?
09:23 Shai : Intra – short BNF below 30885 sl of 30999 tgt 30706.
09:23 Uttam : they are working fine Yogesh, try a refresh
09:23 Yogesh : now ok
09:23 Shai : can shiort here – BNF
09:24 Shai : nice sea of reds
09:25 Sujeet : yes
09:26 Yen Jay : is nifty sell below 11880?
09:26 Shai : NF is going for 11844
09:27 Yen Jay : okay TY
09:31 Shai : BNF 30805. Book half here and ride some at cost
09:31 Shai : Good Morning 🙂
09:31 Azmath : Shai, options charts we see NF 30 mins charts
09:31 MJ : Green morning!
09:31 Shai : How’s the open?
09:32 MJ : Super Chief.
09:32 Govind : Good open Shai!!
09:32 MJ : stay below ypoc seriespoc. And voila.
09:32 Govind : Nice, clean move
09:32 Azmath : nowchanged, Thank you Shai
09:32 Shai : tempting RS near the clsoe yesterday in NF
09:32 MJ : Yes massive reds.
09:32 Amit : high on low super 🙂
09:33 Shai : 11894 greens are bookings of that 1.4L seller
09:33 Chetan Panchal : NF COT is +
09:33 Shai : was an mouth watreing put in NF alsoi
09:33 Uttam : super start Shai 🙂
09:33 Chetan Panchal : nice one
09:33 Uttam : b) Staying below 31025, the auction can test support of 30976-936 & below it 30860 / 815-800…done this hypo to the dot
09:34 Shai : BNF was -15 and -25K cot at open
09:34 MJ : Shai also what was something noteworthy, you got out of that NF btst trade before close.
09:34 Chetan Panchal : ya bnf had negative
09:35 Shai : yes MJ by then VOT changed to neg
09:35 MJ : Yes.
09:35 MJ : Lethal tool this COT.
09:35 MJ : /\
09:36 MJ : Just larger context wise reading of the same is imp.
09:36 Yogesh : actully yday on NF on top 1.28 Red changed the game
09:37 Chetan Panchal : nf high is at YPOC
09:37 Uttam : 30872 is morning IS in BNF plus the weekly IBL too so that needs to hold for more weakness
09:38 Chetan Panchal : IS?
09:38 Uttam : initiative seller
09:39 Shai : see another 100 below 30800
09:39 Shai : should be quick
09:39 Uttam : +1 Shai
09:39 MJ : That 13k green trying hard in bnf.
09:39 Uttam : 30760 minor hurdle but 30700-680 can come fast
09:40 Yogesh : Shai…yday on 30 mins chart at 11948, there was RS, am i right?
09:40 Uttam : yes Yogesh
09:40 Uttam : (09:10) Shai : RS one lakh seller- (09:09) Sujeet : anyone view on OF after 3pm?
09:41 Yogesh : So there was opportunity for aggressive trader to buy PUT as per COT reading?
09:42 Uttam : yes
09:45 Uttam : 30780 was where BNF took sup yesterday after that VWAP BO
09:45 Yogesh : OK
09:45 MJ : +1 uttam.
09:45 Shai : BNF – book the trade fully
09:45 Yogesh : today also 30780 acting as a support
09:46 Yogesh : NF COT positive
09:46 Uttam : first attempt just giving minor support
09:46 Yogesh : so sell on rise
09:46 Uttam : but one more time it goes there can go to that HVN of 30700
09:47 Yogesh : ok
09:47 Chetan Panchal : 11860 is YVL
09:47 Yogesh : is anynody facing …charts frozen
09:48 Chetan Panchal : yes
09:48 Rajendra : yes
09:48 Yogesh : I though I hv internet problem
09:50 Uttam : @Shai that 11900pe was a nice BTST as per 30min OF of yesterday’s last 3 bars? we had COT of 75k then next bar couple of green bands with POC shifting to lows at 50 so closing around 60 was a buy with SL below 50?
09:53 Yogesh : yes
09:54 Ramakanth : Thanks
09:54 Yogesh : still market breadth is Ne-
09:54 Anubhav null : some greens in nf
09:55 Anubhav null : test comingvwap
09:56 Yogesh : Sell on rise as market breatdh is Ne-, offcourse after confirmation of OF.
09:56 Yogesh : COT turning Po+
09:57 MJ : From yest’s COT till this B period you see, we had -3.88L to now +2.43L
09:57 Sujeet : still less than ystrday
09:57 MJ : Tells a me a story that Shorters in the spike up sold and covered back in this fall.
09:58 Anubhav null : yeah mj
09:59 Yogesh : (09:57) MJ : From yest’s COT till this B period you see, we had -3.88L to now +2.43L……so still shorter have not closed postion?
10:00 Yogesh : Uttam….BNF took support on 30780
10:00 Anubhav null : tested vwap
10:01 Yogesh : but COT is P+
10:01 Uttam : yesterday buyers at weekly VAL defended again today
10:01 Yogesh : ok
10:02 MJ : Uttam these weekly charts are just brilliant from trading context.
10:02 Yogesh : Charts are still
10:02 MJ : God bless suyog.
10:02 Uttam : but needs to get above 30872 for more strength or this could be suppy absorbing the demand
10:02 Yogesh : ok
10:02 MJ : Need more above yvwap. Else rotation back.
10:02 Yogesh : ok
10:03 Yogesh : 11892
10:03 Chetan Panchal : 30872 is YVWAP
10:03 Yogesh : 30862
10:03 MJ : Chetan my message was for nf.
10:04 Uttam : Mihir, Shai has always said weekly charts are important & that is the reason we have the weekly posts with the levels 🙂 and of course now thanks to Suyog you can watch them anytime
10:04 MJ : Yes, the best part is you don’t need any s/w to go watch it.
10:04 MJ : Open source is the way.
10:04 Anubhav null : uttam is that weekly fa still on?
10:04 Yogesh : Yes…100% agree with weekly levels
10:04 Uttam : needs to close below the weekly IBL today Anubhav
10:05 Uttam : else were are just continuing to be in this range for rest of June
10:05 Uttam : PLR down in both still
10:06 Uttam : A period singles moving away frm closing HVN
10:06 Anubhav null : gut feelings says mkt will test 11550 once before budget
10:06 Uttam : looks like sellers gathering ammunition for break down but hopefully not just a C side ext
10:06 Anubhav null : for.that i thinkit needs to close below 11800
10:07 Uttam : Spot closing below 11870 will be good for more downside in the coming week I feel
10:07 Uttam : 30860 in BN Spot
10:07 Yogesh : Weekly support for NF is 10846-44
10:10 Yogesh : (10:06) Uttam : looks like sellers gathering ammunition for break down but hopefully not just a C side ext…..same filling here
10:11 Yogesh : Shai………charts are not moving smoothly.
10:13 Anubhav null : damn bulls…lol
10:15 Yogesh : 24.75 Green
10:15 Anubhav null : 11900 shorts sl
10:16 Yogesh : Uttam….RB on 30mins chart, am i right?
10:17 Anubhav null : bnf weaker
10:19 Yogesh : facing struggle near YVWAP
10:20 Yogesh : but on previous candle P+ COT
10:20 Anubhav null : good short engry with 20 point al in nf i think
10:22 Anubhav null : sl*
10:24 Yogesh : broke YWAP
10:26 Anubhav null : false break
10:26 Sujeet : COT postve
10:26 Yogesh : NF took support on YVAL
10:27 Chetan Panchal : hvn too
10:28 Yogesh : and BNF also took support nr. YVAL
10:31 Anubhav null : boom
10:38 Sujeet : COT still postve…
10:39 Sujeet : looks like dip wl be bght
10:40 Shai : charts working well for all?
10:40 Boppanna : look fine here
10:40 Uttam : fine here
10:40 Govind : Yes sir
10:40 Rajendra : yes
10:40 Sujeet : yes
10:40 Nevilson jose : yes
10:40 Shai : great
10:40 Bhupinder : what does thick white line represent in 5 min OF charts
10:42 Uttam : not sure Bhupinder, looks to have prodded out today only 😉
10:42 Bhupinder : 🙂
10:43 Uttam : is it mid point of range?
10:43 Uttam : half back
10:44 Bhupinder : yes, appears to be
10:44 Uttam : yep it is
10:44 Uttam : half pull back
10:44 Yogesh : (10:40) Shai : charts working well for all?……..YES
10:45 Uttam : C over so now D can extend
10:46 Uttam : (10:06) Uttam : looks like sellers gathering ammunition for break down but hopefully not just a C side ext
10:46 Boppanna : C done
10:46 Uttam : yes Bops so bring the canon out for D 😉
10:47 Boppanna : Uttam u did say 700 earlier its all ur to push
10:47 Uttam : that stuck red stalled the move earlier
10:47 Uttam : but could come now
10:48 Uttam : 4 tpos at lows
10:48 Uttam : done
10:48 Anubhav null : gone
10:48 Uttam : (10:45) Uttam : C over so now D can extend…looks it was waiting
10:48 Uttam : 38k greens in BNF
10:48 Himanshu : BNF greens
10:49 Himanshu : low done for the day
10:49 Boppanna : 40 in a min as soon as Uttam gives a green
10:49 Uttam : _/\_
10:49 Himanshu : as it covered almost all _ve cot in BNF or the day
10:49 Himanshu : rest RB can take care
10:49 MJ : Nice read Himanshu.
10:50 Boppanna : Big green that in BNF
10:50 Himanshu : NF cot is positive – hence divergence in BNF cant’ last longer I guess
10:50 Yogesh : ye s38k
10:50 Uttam : yes Bops, looks like another b profile in the making?
10:51 Boppanna : lets seen Friday so a B less likely u think?
10:51 Himanshu : NF also seen profit booking ? for shorts
10:51 Chetan Panchal : Opening inside YVA. rnge play mostly
10:52 Anubhav null : attempting a long scalp here in bnf
10:52 Chetan Panchal : range
10:52 Uttam : weekly balance we have Bops & NF has been in prev week range
10:52 Himanshu : we have to cross yday closing in NF
10:52 Sujeet : expctng spike n bnf
10:53 Uttam : those greens could be some stuck reds getting out in that move higher yesterday
10:54 Uttam : look at the profile, BNF low today exactly at the place high vol zone starts
10:54 Uttam : NF also tagging that lower HVN in profile
10:54 Sujeet : ok
10:55 Chetan Panchal : nice observation
10:55 Yogesh : 30759
10:55 Boppanna : One more reason to move away IMO being a Friday rest up to Jit and you 10:52 Uttam : weekly balance we have Bops & NF has been in prev week range
10:57 Uttam : Jit gone on his Friday’s Cruise looks like on his private yatch 🙂
10:57 Anubhav null : hah
10:58 Anubhav null : hah
10:58 Anubhav null : hez too good n quick
10:58 Ramakanth : guys i am new here
10:58 Ramakanth : hi
10:58 Ramakanth : i am trying to understand MP and order flow
10:58 Uttam : hi Ramakanth 🙂 welcome to VT
10:58 Govind : Welcome to the Room, Ramakanth!!
10:58 Ramakanth : hi uttam
10:59 Ramakanth : hi all
10:59 Ramakanth : pls help with cheat sheet to understand
10:59 Ramakanth : if you can help pls
10:59 Suren : wc Ramakanth!
11:00 Uttam : please go through the links given in the welcome mail Ramakanth
11:00 Ramakanth : oh ok
11:00 Uttam : you also have a 2 hour video on OrderFlow there
11:00 Ramakanth : oh wow
11:00 Ramakanth : let me check
11:00 Uttam : once you go through them you will be in a much better space to start reading the charts in the room & understand the concepts we use
11:01 Ramakanth : thanks Uttam
11:01 Yogesh : Welcome Ramakanth…..you r oin right place.
11:01 Ramakanth : hi yogesh
11:01 Ramakanth : thanks
11:01 Ramakanth : all
11:01 Yen Jay : (11:00) Uttam : you also have a 2 hour video on OrderFlow there i think that video is bit out of sync
11:01 Uttam : The 2 hours one is the latest one Yen done in March this year
11:02 Uttam : which covers the most important aspects of what we need to know abt reading OF charts
11:02 Yen Jay : okay will check one more time
11:02 Uttam : sure
11:02 Yen Jay : TY
11:02 Nevilson jose : is tismarket still Abby on dip
11:02 Ramakanth : thanks all
11:02 Ramakanth : its my weekend homework
11:03 Uttam : looks to be an inside day in both toda
11:03 AN : Welcome Ramakanth, its simple , just buy low and sell high :).
11:03 Ramakanth : ha ha
11:03 Uttam : today as RB coming in both now
11:03 Ramakanth : pls dont mind if i ask questions here
11:04 Ramakanth : i am totally new
11:05 Uttam : you can surely ask questions Ramkanth would be better once you go through all the material as that may answer most of the questions & wll also help you to understand the concepts of MP & OF a bit and then you can shoot your queries
11:05 Yogesh : (11:04) Ramakanth : i am totally new….i am also new, dont worry.
11:05 Shubro : Ramakanth welcome I am half baked
11:05 Yogesh : Go through all videos
11:05 Yogesh : I am also 1/4th backed
11:05 Yogesh : 😉
11:06 Shubro : slow baking is good here
11:07 Yogesh : Lot of gr8 guys r here lile UTTAM, JIT, SUYOG, HIMANSHU as well as SHAI.
11:07 Yogesh : (11:06) Shubro : slow baking is good here……100% agree
11:08 Anubhav null : damn nf
11:08 Anubhav null : abt to break lows
11:09 Uttam : 11872 seller putting pressure
11:09 Uttam : morning buyer at 11864 could be put under pressure
11:11 Hardik Jikkar : The second link in the welcome mail (11:02) Uttam : which covers the most important aspects of what we need to know abt reading OF charts
11:12 Uttam : thanks Hardik 🙂
11:12 Himanshu : Me – ?? HAHAH#
11:13 Chetan Panchal : yesterdays bnf profile had b in till afternoon and then p by closing..does that indicate morning shorts got covered yesterday itself
11:14 AN : Bot is sleeping today? no alerts….
11:15 Uttam : volumes have put the BOT to sleep I guess AN 🙂
11:15 AN : 🙂
11:15 Uttam : NF looking weak here
11:15 Anubhav null : nice
11:16 Anubhav null : 11830 lao
11:16 Uttam : look at the reds in the 5min bar in NF
11:16 Yogesh : Sell on rise
11:17 Yogesh : yes
11:17 Uttam : trifecta
11:17 Anubhav null : wah
11:17 Govind : whoa
11:17 Uttam : refresh needed
11:17 Himanshu : covered
11:17 Anubhav null : icpan
11:17 Himanshu : 66K both side
11:17 Uttam : COT still in minus
11:17 Anubhav null : panic
11:18 Himanshu : tussle – or agreement dobe
11:18 Uttam : (11:09) Uttam : 11872 seller putting pressure(11:09) Uttam : morning buyer at 11864 could be put under pressure that morning buyer puked looks like
11:19 Yogesh : above VWAP was bear trap
11:19 Uttam : BNF holding
11:20 Shubro : Dlow
11:20 Himanshu : yes
11:20 Himanshu : so these guys shall meet now on 915 – In NF
11:20 Chetan Panchal : 76 k
11:21 Shubro : eh Uttam that 72K sell last 5 min bar disspaeraed?
11:21 Shubro : became 12
11:22 Uttam : (11:03) Uttam : looks to be an inside day in both toda(11:03) Uttam : today as RB coming in both now
11:22 Govind : Yeah, and COT turned +ve for that bar
11:22 Himanshu : yes
11:22 Uttam : another RB coming in NF
11:22 Shubro : took a vitamin there
11:22 Himanshu : How come – 72 disappered
11:22 Uttam : b) Immediate support is at 11910 below which the auction could test 11889-883 & 11855…now this hypo also completed
11:23 Uttam : @Himanshu there was a refresh of the charts may be
11:23 Himanshu : okk
11:23 Himanshu : so let us complete second part of hypo
11:23 Shubro : 864 being defended it seems?
11:24 Sumesh null : whats RB
11:24 Shubro : responsive buyers
11:24 Shubro : the white line on 30 min chart above below a candle
11:25 Shubro : in the middle is initiative buying or selling depending on the colr of candle
11:25 Shubro : chalo tag vwap again coming now?
11:26 Shubro : today looks rotational throughout till 2
11:26 Himanshu : Uttam – Going long in BNF F with 691 SL
11:27 Shubro : Govind u there?
11:27 Govind : Yeah Shubro
11:27 Shubro : rotational plays ?
11:28 Govind : Looks like a rotational day until something big happens…now with 11855 defended twice in NF
11:28 Shubro : yeah exactly
11:28 Govind : I almost went short below 11855 and then the big 72k green popped up
11:29 MJ : Check comp of June.
11:29 MJ : VAL 11850.
11:29 Govind : Yes MJ
11:29 Uttam : OAIR today guys & weekly balance too so buy the dips & sell the rises
11:29 Shubro : no suggest take shorts at the top or bottom for reverse based on OF not at the end
11:29 Uttam : let OF confirm the trades though
11:29 Shubro : my learning….
11:29 Chetan Panchal : As dalton says ..opening in YVA..for imbalance A/B should move out of YVA for imbalance. which ihas not happend ..so looks rortational day traders day
11:29 Yogesh : precisely 11845.6
11:30 Govind : Ok Shubro/Uttam
11:30 Shai : should viist that low again
11:30 MJ : Yes uttam(10:02) MJ : Need more above yvwap. Else rotation back.
11:30 Shubro : lovely lovely
11:30 Shai : looks unsecured with that 24 k seller also
11:30 Shubro : dval has to cross decisively
11:30 Yogesh : (11:29) Uttam : let OF confirm the trades though…….what is the criteria for OTF?
11:31 Uttam : increase in volumes 🙂 cimple
11:31 Uttam : simple*
11:31 Yogesh : ok
11:31 Yogesh : now vollumes are low
11:31 Uttam : that 5min bar in NF has 2L vols with 78k green
11:31 Yogesh : yes
11:31 Uttam : so looks for volumes matching or more than that in the coming bars to indicate OTF entering
11:32 Yogesh : but now dried
11:32 Yogesh : ok
11:33 MJ : Shai when you have an unsecured auction via OF. Do you look to go long only above vwap+ ?
11:33 MJ : unsecured with imbalance.
11:34 Shubro : great input Uttam on that OF reading
11:35 Shubro : shorting here
11:35 Shubro : 870 becoming a supply zone slowly
11:36 Yogesh : OF is neither confirming for long nor short
11:36 Govind : NF Shubro? 11:35 Shubro : shorting here
11:36 Yogesh : game will start after 1.05pm
11:37 Shubro : yeah Govind
11:37 Ramakanth : so it would go down right ?
11:37 Ramakanth : yogesh ?
11:37 Shubro : Ramakanth wait for Shai
11:37 Ramakanth : ok
11:37 Ramakanth : done
11:37 Shubro : understand his trades
11:38 Yogesh : (11:37) Ramakanth : so it would go down right ?…..wait n watch
11:38 Ramakanth : did you all buy 30800 yesterday
11:38 Shubro : everything has a precise rationale for taking trades
11:38 Yogesh : Shai will be there to help.
11:38 Shai : yes – (11:33) MJ : Shai when you have an unsecured auction via OF. Do you look to go long only above vwap+ ?
11:38 Ramakanth : i guess you all made some
11:38 Shai : as a consevative less risk mindset
11:38 Shubro : ramakanth the biggest fear to manage is the fear of missing out dont fall for it
11:39 Ramakanth : oh damn
11:39 Shai : that kind of the OF will just give you a quick pop
11:39 MJ : Pure gold Shubro.
11:39 Yogesh : Everyday there is opporunity
11:39 Ramakanth : thanks
11:39 Shai : but there was fight there at 11858 and the market wants business
11:39 Ramakanth : nice being part of this
11:39 Ramakanth : Hi Shai
11:39 Ramakanth : thanks for this setup
11:39 Ramakanth : lucky to be part of it
11:39 Govind : Ramakanth and others who just started here – I am in my third month here. Very rarely do I take trades on my own. Please try and follow Shai’s trades and understand why gives those calls. Will help us tremendously.
11:39 Shai : Hi Ramakant
11:40 Ramakanth : though i need to learn abcd
11:40 Ramakanth : now
11:40 Ramakanth : 🙂
11:40 Shai : -/\_= (11:39) Govind : Ramakanth and others who just started here – I am in my third month here. Very rarely do I take trades on my own. Please try and follow Shai’s trades and understand why gives those calls. Will help us tremendously.
11:40 Yogesh : (11:39) Govind : Ramakanth and others who just started here – I am in my third month here. Very rarely do I take trades on my own. Please try and follow Shai’s trades and understand why gives those calls. Will help us tremendously……..same is with me
11:40 Ramakanth : thanks
11:40 Shai : OF is team work
11:41 Ramakanth : will stick by you all
11:41 Shai : we can all help each other to make more
11:41 Ramakanth : amazing thanks
11:41 Ramakanth : Shai yesterdays call was amazing
11:41 Ramakanth : 30800
11:41 Ramakanth : you are awesome
11:41 Shubro : Rmakanth dont try to learn all in one go there is a little gem released here every day
11:41 Yogesh : Ramakanth you will be secure here
11:41 Ramakanth : true Shubro
11:41 Shubro : 6-7 months for me and still learning
11:41 Shai : 11856 – (09:26) Shai : NF is going for 11844
11:41 Ramakanth : whoa
11:42 Yogesh : no need of time frame charts, indicator, moving avgs
11:42 Shai : was clean at the open , since then open auction
11:42 Ramakanth : wow
11:42 Govind : Also, it is Shai’s firm belief that one needs arund 10000 hours of learning/trading in OF before you can call yourself a pro. Please bear this in mind.
11:42 Shubro : couldnt be cleaner Shai
11:42 Yogesh : Shai 11845 is comppsite VAL, am i right
11:42 Ramakanth : whoa
11:43 Uttam : NF unable to get above that 11872
11:43 Govind : 10000 hours, that is around 4 years, right Shai?
11:43 Chetan Panchal : 11846 Weekly hvn
11:43 Shubro : also its ok to F up once in a while as long as you dont take trades that gives you sleepless nights ..so understand how much capital you can allocated without being psyched out
11:43 Shai : yes
11:43 Yogesh : so sell on rise
11:43 Shubro : 2% rule followed here with risk of 1%
11:44 Yogesh : making lower lows on 30mins chart
11:44 Govind : Amen to that Shubro….11:43 Shubro : also its ok to F up once in a while as long as you dont take trades that gives you sleepless nights ..so understand how much capital you can allocated without being psyched out
11:44 Chetan Panchal : risk management and emotions impt ..rest its all here 🙂
11:45 Shubro : if playing options please understand how volatility, open interest and decay all come toegether
11:45 Yogesh : (11:19) Yogesh : above VWAP was bear trap
11:45 Shubro : going going gone …..
11:45 Shubro : hahaha
11:45 Uttam : (11:30) Shai : should viist that low again(11:30) Shai : looks unsecured with that 24 k seller also Shai ne bola to NF has to follow 🙂
11:46 Shubro : nice day
11:46 Yogesh : GO-GOA-GONE
11:46 Himanshu : green in NF
11:46 Uttam : Bops you did it finally
11:46 Sujeet : boom
11:46 Shubro : done
11:46 Shubro : Govinda exited
11:47 Boppanna : +1 Uttam all ur hypos 800 was the key
11:47 Himanshu : again – green 72K
11:47 Himanshu : tussle seems
11:48 Chetan Panchal : is there delay in charts ?
11:48 Chetan Panchal : mine hit down ..not yet on screen
11:48 Shubro : that 11874 was a nice pullback short
11:48 Govind : Good one Shubro
11:48 Shubro : sorry 870
11:48 Uttam : +1 Shubro 11872 was supply so that came into play again
11:49 Yogesh : YES
11:49 Govind : Uttam, another 72k green
11:49 Uttam : (11:09) Uttam : 11872 seller putting pressure
11:49 Shubro : thanks Uttam all learnt here
11:49 Shubro : and watching charts
11:49 Himanshu : yes _ uttam what is it – fresh buy
11:50 Uttam : we have lot of reds also i nthis bar
11:50 Uttam : look at COT
11:50 Uttam : no change
11:50 Govind : Yes, true
11:50 MJ : Sl hunt move/
11:50 Shubro : profit booking Uttam based on this read?
11:50 MJ : ?
11:50 Uttam : but 0s at lows so could be a betterlow
11:51 Shubro : Shai any guidance to reading this move based on COT
11:51 Shubro : ?
11:52 Shubro : my overall COT positive which means the buying is intact so previous shorts booking out ?
11:52 Anubhav null : vwap test can come now
11:52 Himanshu : green in BNF also
11:52 Boppanna : BNF this was Shai’s morning target as well 10:47 Boppanna : Uttam u did say 700 earlier its all ur to push
11:52 Shubro : or longs taking profit? but that would reduce my COT
11:52 Boppanna : a visit to yPOC
11:53 Shubro : watching 866
11:54 Boppanna : IBL is the key here I feel if it fails to get back above soon then BNF in trouble
11:54 MJ : One OF lesson I’ve learned here, Potent when nf and bnf gets green together.
11:54 Shubro : 870 to 880 zone to watch for upside i think
11:55 Shubro : scalp scalp scalp day
11:55 Govind : Shubro, interestingly we’ve had LLs since C period…
11:56 Yogesh : YES
11:56 Shubro : now this 860 to 850 zone to watch
11:56 Govind : sitting tight though…waiting for Shai’s calls.
11:56 Shubro : suply increasing
11:57 Ramakanth : to buy or to sell ?
11:58 Shubro : supply means sellers Ramakanth
11:58 Ramakanth : oh ok
11:58 Shubro : OF chartr left column is sellers and right is buyers…blue on top is COT for that bar
11:59 Shubro : pink box is seller imbalance green is buyer
11:59 Ramakanth : thanks
12:00 Chetan Panchal : vix moving after long time
12:02 Anubhav null : go bulls
12:07 Anubhav null : boo taking too long
12:07 Himanshu : 20 Green in NF
12:07 Ramakanth : volume increased
12:07 Himanshu : Boom
12:09 Govind : May WPI inflation is down
12:09 Govind : better than expected
12:09 Boppanna : Uttam you still pushing for a B in BNF?
12:11 Shubro : 870 being a little stubborn aint it?
12:12 Anubhav null : nice bounce im out
12:12 Chetan Panchal : why 870 shubro
12:12 Boppanna : Shubro I am biased for a drop so IBL/800 pn watch for me
12:13 Shubro : just price action watching Chetan along with OF
12:13 Hardik Jikkar : what is yellow line at 11860 on the charts?
12:13 Shubro : VAH
12:13 Anubhav null : shubro wants crash foday?
12:14 Boppanna : if B playing yes 850 neat trade
12:14 Anubhav null : today*
12:14 Shubro : ijust want to make my reads strong anubhav build the process
12:14 Shubro : money will come rise or crash
12:14 Uttam : (12:09) Boppanna : Uttam you still pushing for a B in BNF?…yes Bops not looking like will do anything today out side this range
12:14 Hardik Jikkar : on the legends above VAL is showing 11863
12:14 Boppanna : ok thx Uttam
12:14 Hardik Jikkar : DVAL*
12:14 Anubhav null : bro true thatsame
12:14 Rushabh : uttam yesterdays reds all out?
12:16 Uttam : could be Rushabh
12:18 Yogesh : more declines than advances
12:20 Govind : Booom coming?
12:20 MJ : Karao Govind.
12:20 Yogesh : cant say
12:20 Yogesh : after 1.05pm
12:20 Yogesh : 😉
12:20 Govind : yeh, vwap
12:21 Shubro : wohoo nice
12:21 Govind : MJ
12:21 Amit : 0000
12:21 Govind : Shubro
12:21 Yogesh : 000000 on top
12:22 Shubro : yes went long at 865
12:22 Anubhav null : boom
12:22 Govind : Bell curve forming Uttam?
12:22 Shubro : should hold lets see
12:22 Govind : in NF?
12:22 Shubro : yeah
12:23 Shubro : COT went up nciely in that candle
12:23 Govind : Yea, it did
12:23 Yogesh : Value zones (volume profile) are at 11864-11922-11929
12:23 Govind : There was alsi a nice IB at 12:05 Shubro
12:23 Govind : also*
12:24 Yogesh : Value zones (volume profile) are at 30683-30706-30948
12:24 Shubro : yeat that 16 guy onwards
12:24 Govind : yvwap next?
12:24 Himanshu : booom
12:24 Shubro : take it above vwap
12:24 Sujeet : vwap done
12:24 Shubro : and we are in business for the day
12:25 MJ : (11:54) MJ : One OF lesson I’ve learned here, Potent when nf and bnf gets green together.
12:25 Govind : Greens galore MJ, in both
12:25 Shai : shirt NF below 11872 sl of 11899 tgt 11840. cmp 11877 short below
12:26 Rushabh : failing above vwap? and that 19k is sl order?
12:26 Shubro : lethargic move man Govind
12:26 Shubro : no follow up
12:27 Govind : Yeah, hence the short I guess
12:27 Yogesh : SL hunting
12:28 Govind : moving up now
12:28 Shubro : theek hai no major move watch the 11900 CE PE pair
12:28 Himanshu : chal pada BNF 900 aaja
12:28 Govind : Day to scalp Shubro
12:28 HPandey : uttam we ar still good for a FA in nifty?
12:29 Shai : maybe wants to test dvah – NF
12:29 Govind : AG calls for a rally
12:29 Shai : 11894
12:29 Yogesh : yes
12:29 Shubro : yeah havent tested it properly yet
12:30 MJ : Govind 858 to 884. Part out and holding 872 as tsl.
12:30 Shai : fair enough
12:30 Govind : Shai, if Sell call triggers, can we do 11800 PE?
12:30 Shai : still open auction
12:30 Shai : with a 45 in the weekly
12:30 Govind : Ok.
12:30 Shai : but may not break 11840/ 230700 today
12:31 Shai : 30700**
12:31 Govind : So, futures better?
12:31 Uttam : NF got above that 11872 but now BNF hitting that supply zone of 30872
12:31 Govind : Congrats MJ!
12:31 Shai : F better
12:32 Uttam : needs to scale abovei t
12:32 Govind : Thanks Shai
12:32 Vijai : entered a long trade at near VAL 30740 and exited at near VAH 30810. Nice move
12:32 Govind : +1 Vijai
12:32 Yogesh : congrets
12:32 MJ : Congrats Vijai
12:33 Shai : +1Vijai
12:33 MJ : Get more in bnf
12:33 Uttam : (11:29) Uttam : OAIR today guys & weekly balance too so buy the dips & sell the rises…congrats guys
12:33 MJ : Cross yvwap.
12:33 MJ : Stalling there since morning.
12:33 Govind : Small bell in NF
12:34 Vijai : _/\_
12:35 Sujeet : abve 30880 cn do 30940
12:38 Sujeet : 11872 now
12:38 Sujeet : triggrd
12:40 Shai : NF short in
12:41 Shai : BNf also back in MB
12:41 Shai : can do 30744
12:42 Himanshu : exited BNF long of 789
12:42 Shai : -18K cot in the NF in the last 5 min candle is the biggest since 42K COT came at the lows
12:43 Yen Jay : SL for bnf??
12:43 Shai : abv 30897
12:44 Yen Jay : TY
12:44 Yogesh : Bye….friends….going RAJASTHAN
12:45 Uttam : have a good trip Yogesh
12:45 Yogesh : thanks…Uttam
12:45 Yen Jay : happy journey
12:45 Chetan Panchal : after 12.40… no 5 min OF candle ? is nyone else facing that issue
12:45 Govind : No Chetan
12:46 Govind : Refresh
12:46 Govind : zeroes
12:49 Sujeet : 13k green
12:55 Shai : make exits in the NF shorts at 11872 just cost
12:55 Shai : Tentative
12:56 Shai : can fly away anywhere
12:56 Himanshu : boooom
12:57 Anubhav : bnf strong
12:57 Anubhav : any news?
12:57 Uttam : boom boom BNF
12:57 Shubro : NF to follow thorugh though
12:59 Himanshu : Astro says – 1 to ka 4 days today
13:00 Kiran : means?
13:01 Anubhav : lol
13:02 Anubhav : uttam above 30900 bnf can tag 31050 na?
13:04 Sandip : whatsup guys..hows the week been?
13:04 Shubro : Shai seriously this can go either ways no?
13:04 Shubro : rocking Sandip
13:04 Shubro : just joined in?
13:04 Sandip : nice
13:04 Sandip : yea
13:04 Govind : Hi Sandip
13:05 Sandip : hello Govind
13:05 MJ : 22k on top is also waiting for Shai’s comment. 🙂
13:05 MJ : bnf.
13:05 Shubro : yesterday our bhains decided not to go swimming or scuba diving
13:05 Govind : been rotating Sandip
13:05 Sandip : 🙂
13:05 Shubro : SHai said come have big meal and we had fun
13:06 MJ : Shubro. If this room gets into commentatory, You are my 1st choice. (football style)
13:06 Shubro : thanks MJ
13:06 Sujeet : boom
13:07 Shubro : boom in reverse gear
13:07 Shubro : FRYYYY day hoga kya?
13:08 Anubhav : lol
13:08 Shubro : Shai’s calls are prescient
13:09 Shubro : although H should have given a pullback a bit na
13:09 Shubro : kabhkt
13:09 Anubhav : lol
13:10 Govind : Shubro, you should replace Manjrekar man
13:10 Yen Jay : bnf made low 30734
13:11 Shubro : man if only expletives were allowed
13:11 Uttam : BNF had a COT of -34k in that prev 5min bar
13:11 Shubro : total entertainment
13:12 Uttam : 15k red stuck at lows in NF
13:14 Shubro : now the ball is near the defense area….
13:14 Shubro : foul and penalty or straight goal?
13:15 Uttam : 11900ce fresh wirting coming in
13:16 Shubro : chalo chalo NF score
13:17 Uttam : NF forming a ledge at 11855
13:17 Uttam : EFGHI tpos there
13:17 Shubro : defense line
13:17 Uttam : base of ‘b’
13:17 Uttam : Bops you there
13:18 Shubro : BC
13:18 Uttam : (12:14) Uttam : (12:09) Boppanna : Uttam you still pushing for a B in BNF?…yes Bops not looking like will do anything today out side this range
13:18 Govind : So, this is still a ‘b’ Uttam?
13:18 Shubro : ghum gaya
13:18 MJ : b with a bad handwriting.
13:18 Uttam : NF is a tiny one but BNF is what I was saying ‘b’
13:18 Govind : Oh ok.
13:21 Uttam : BNF prominent POC here
13:21 Uttam : all TPOs there since mroning
13:21 MJ : Yes uttam.
13:22 Uttam : weekly VAL that is 🙂 30780
13:22 MJ : b base for bnf forming higher than ypoc.
13:22 Uttam : insdie day today in both so far
13:24 Govind : Uttam, if the ledge holds well, we can expect a decent up move right? Theoretically? Of course, OF needs to confirm.
13:27 Uttam : can close as a ‘b’ plus inside day only Govind with an outisde chance ot tagging the developing weekly poc of 11910
13:27 Uttam : if we get a Friday spike
13:27 Govind : Ok, Uttam. Thanks
13:28 Shubro : ok this ship looks like headed up
13:28 Uttam : completing the b profile
13:29 Boppanna : +1 13:28 Uttam : completing the b profile
13:29 Shubro : MJ bank chalu che
13:29 MJ : Suche saruche bhains ne maru che.
13:29 Shubro : lol
13:30 MJ : I am on rotations since morning.
13:30 Shubro : haan ab lambi saas lene ka time shuru
13:31 MJ : I’ll join with the break. And I am with uttam’s outside chance.
13:31 Shubro : yeah yeah outside chance it is
13:31 Shubro : on these vols at least
13:31 Uttam : 2 more hours left
13:32 Shubro : this 870 really being a pain man
13:32 Shai : fairl random post IB
13:32 Himanshu : Uttam – B profile in BNF means closing in centre
13:32 Shai : sellers in control at open
13:32 Shai : but now locals
13:33 Shai : every 30 mins had dpoc
13:33 Himanshu : is it possibe to touch open
13:33 Shai : so may not move
13:34 Shai : usdinr at day highs
13:34 Shai : I’m on the sidelines – not very convincing for a new entry
13:34 Uttam : you trying to wake up the mornning sellers Shai 😉
13:34 MJ : Yes shai. profit+ capital saving time.
13:36 Uttam : looks like NF wants to repair that ledge at lows
13:39 Shubro : Shai 11900 long straddle good now?
13:39 MJ : Shai one look at tab 2 please.
13:39 MJ : Thanks.
13:39 Shai : 11900 will move but month end better for that
13:40 Shubro : ok thx
13:40 Shai : remember I told you guys till 20th we would be sideways?
13:40 Shubro : yeah SHai
13:40 MJ : Haanji
13:40 Shubro : good one
13:40 Uttam : yes Shai
13:40 Shai : looking for it to move post that
13:40 Shubro : yeah till then i am short the 11900 straddle
13:41 Shubro : eat premium
13:41 Shai : should be a pre budget move + expiry
13:41 Shai : will look to get into a starddle for that
13:41 Rushabh : shai the range of the move if any?
13:41 Govind : +1 Shai
13:41 Shai : 11760- 12300
13:41 Shai : I’m biased upwards
13:42 Himanshu : boooom
13:42 Shai : but will review if 11760 is broken
13:42 Rushabh : alright shai thanks
13:42 Govind : Shai, short or long strangle?
13:42 Shai : long
13:42 Shubro : boom boom boom? or damp squuib
13:42 Govind : Great
13:43 MJ : COT is adamant Shubro.
13:43 MJ : Since morning.
13:43 MJ : Post 1145 roughly staying there.
13:44 Uttam : today surprisingly no reduction in premium in that straddle of 11900 too
13:44 Shubro : its TGIF for COT today
13:44 Shubro : early beers
13:49 Shubro : today is like a dump that just doesnt come
13:49 Chetan Panchal : black spikes on MB stack . they are the volume ones
13:50 Sandip : We shud head down to make a new day low…spot and options resisting at vwap hard
13:50 MJ : Yes chetan.
13:50 Chetan Panchal : ty
13:50 Shubro : amen Sandip
13:51 Shubro : urggh again
13:51 Uttam : (13:36) Uttam : looks like NF wants to repair that ledge at lows
13:51 Govind : Strengthening the ledge Shubro
13:51 Govind : 🙂
13:51 Shubro : except there is a fistula there preventing it
13:51 Govind : hahaha
13:52 Sandip : lol haha
13:52 Sandip : Uttam, at what level is the ledge?
13:52 Shubro : 😛
13:53 Amit : 11856
13:53 Uttam : 11855 it was and getting repaired Sandip
13:53 Uttam : ‘b’ shape profile in both
13:54 Uttam : prominent POC also
13:54 Sandip : Thanks Uttam
13:54 Chetan Panchal : ppoc at wvap for NF ..
13:55 Uttam : your cruise trip done Sandip 😉
13:55 MJ : Oh this sandip also was on cruise uttam? 🙂
13:55 Uttam : you were not there yesterday on expiry day?
13:55 Shubro : didnt u see the videos on instagram MJ?
13:55 Govind : 11855 again
13:56 MJ : lol shubro.
13:56 MJ : How long will price stay at the edge of MB?
13:56 MJ : Give up or give in.
13:56 Shubro : ok concentrate NF ahs to poop now or never
13:57 Sandip : Uttam what kind of a n open did we have in NF? OPen drive? or regular open =high?
13:57 Uttam : OAIR though did move away from yesterday’s HVN
13:57 Uttam : 11922
13:58 Govind : Going the other way Shubro, again
13:58 Uttam : 11900pe did 97 high just 2 mins back & now 86
13:58 Uttam : ‘b’ ka kamaal
13:58 Sandip : 🙂
13:59 Uttam : poor guys who would have bought that PE thinking it is breaking out will get stuck
13:59 Shubro : or breakeven if they shorted high enuff
14:00 Uttam : fading is been the game today Shubro
14:00 Shubro : these edges are bad play areas in my experience to initatie trades
14:00 Uttam : had mentioned it in the morning itself
14:00 Shubro : yeah Uttam good day was ping ponging all day
14:00 Uttam : not a day for taking breakout trades
14:00 Shubro : 870 was my casino number today to play around
14:00 Uttam : of course unless we get one at 2:45
14:01 Shubro : 30 point move since 1:15 or so
14:01 Shubro : narrowing day
14:02 Shubro : so action as you said 2:45 or next week till then eat premium
14:03 Uttam : today could only be a spike, real action could happen only next week
14:03 Uttam : if we spike can tag 11910 today else close at 11880
14:03 Shubro : yes
14:04 Shubro : lets get a spike at least
14:04 Govind : Shai, have you heard about this news about SEBI setting up a pane to review the current margin requirements and possible overhaul to bring them in line with the US model?
14:04 Govind : panel*
14:04 Shubro : beer money made need some chakna
14:04 Uttam : lol Shubro woh bhi market se loge 😉
14:05 Shubro : market chaddi baniyan leti hai to utna to banta hai re
14:05 Uttam : lol
14:05 Chetan Panchal : lol
14:05 Uttam : market unse leti hai jo chance dete hain
14:05 Uttam : manager risk and market will also give you respect
14:06 Shubro : kabhi gas aur diarrhea mein confusion hua hai?
14:06 Shubro : mera do teen bar hua hai
14:06 Shubro : isi liye
14:06 Shubro : VT mein risk management seekha hai re Uttam
14:06 Uttam : isi liye chakna 😉
14:07 Shubro : ur hypos man too darned good
14:09 Anubhav : lag ra hai clos will be at lows
14:15 Govind : fell asleep for a few minutes
14:16 Anubhav : lol
14:16 Anubhav : 2.45 and 3.05 ke alarm laga lo
14:16 Govind : coiling and coiling…inside day, will eventually unleash
14:17 Shubro : Govind seriously has happened to me dozed off once for 20 min and market still there
14:17 Govind : haha…seriously
14:17 Anubhav : no major upside triggers till budget
14:18 Amit : 2.45/3.05 🙂
14:18 Anubhav : monthly 12000 call is being written today
14:19 Shubro : 855 line in sand?
14:20 Chetan Panchal : monthly 11800 Pe taking positions too.
14:25 MJ : USD as shai pointed.
14:25 Sandip : All these 15-25 pt jump upwards..from 11.45 onwards, options have been adding slow ammo to go downwards….spot is also supporting..sklow and steady..lets see if we get to see 11840 and below hopefully
14:28 Sandip : Uttams not in room?
14:31 Anubhav : oops upside move
14:31 Anubhav : kya yaar
14:31 Shai : where?
14:31 TP : As market doing nothing , check this out
14:32 TP : https://twitter.com/BeingHorizontal/status/1139451376864391168
14:32 Shai : had been a 20 pointer from 10
14:32 Anubhav : hehe
14:33 MJ : Emotional capital preserving day. Those who have heart Shai Speak on this kinda day 🙂
14:33 MJ : heard*
14:33 Shai : indeed
14:34 Shai : friday- stay open but
14:34 Shai : any action coming has 20 mins here max
14:36 MJ : above 887 should take that POC.
14:37 Anubhav : arey
14:37 AN : which side guys, kuch hint to do 🙂
14:37 Anubhav : failed again
14:38 Amit : sideways wala side 🙂
14:38 Anubhav : take low now man
14:38 Anubhav : bahut ho gaya
14:39 Shubro : patience ka patient idhar bhai log
14:39 Anubhav : algo kama gaye
14:40 Shubro : i have grown roots today
14:40 AN : haha
14:41 Amit : groot 😀
14:41 Shubro : as someone great had said, no trade is also a trade so consolation there
14:41 Govind : Not a day to trade Shubro
14:41 Shubro : yup Govind woh morning beer money so far
14:41 Govind : Haha, question is, how many pints?
14:41 Amit : laborious
14:42 Shubro : 3 -4 plus money for taxi ride home
14:42 Amit : tank of pints 🙂
14:42 Govind : Good man, no drink and drive….90.05
14:42 Shubro : never baba wife will dig me back from grave
14:43 Shubro : and that wouldnt be nice
14:43 Govind : Me too man…
14:43 Shubro : Amit one beer is never one beer
14:43 Govind : Gateway beer
14:43 Uttam : 2:45 is here so are we getting a friday move or tai tai fish
14:44 Amit : you naver count beers 🙂
14:44 Amit : 2.45
14:44 Shubro : the CE PE 11900 combo in same range
14:45 Uttam : its counting for some move next week looks like Shubro
14:45 MJ : Im in (14:36) MJ : above 887 should take that POC.
14:45 Shubro : trying
14:45 Anubhav : yeah 12000 call above 50
14:45 Shubro : BC
14:45 Anubhav : looks on theupside
14:45 Shubro : 53k
14:46 Shubro : he couldnt wait either
14:46 Anubhav : lol
14:46 Uttam : greens at vwap in BNF
14:46 Sujeet : 96k
14:46 Uttam : but looks like SL of shorts who entered late
14:46 Uttam : last 2 5min bars nice COT in BNF
14:46 Govind : BNF just did 150 points
14:47 Uttam : 30700 to 30860 🙂
14:47 Shai : short BNF below 30820 sl of 30899 tgt 30700 cmp 30850 short below
14:47 Shubro : bugger mad
14:47 Govind : crazy
14:47 Shubro : fizzled out this move as quick
14:48 Shubro : hope 53 k was SL else he calling friend
14:48 Anubhav : chodo bhai monday dekhnge
14:49 Himanshu : exited BNF long – second ot of 775
14:49 Sujeet : trggrd
14:49 Chetan Panchal : dhiru bhai DH
14:50 MJ : Yes chetan Motabhai sprutted.
14:51 Shubro : khel khatam ?
14:51 Sandip : ?
14:51 Shubro : ping pong
14:51 Sandip : 30 min NF is showing 54 k at top?
14:51 Shubro : yep
14:51 Uttam : 5min also has it Sandip
14:51 Sandip : Strong Oi decrease at that point
14:52 Shubro : fired a blank here nF
14:52 Uttam : shorts exiting?
14:52 Uttam : COT also in plus
14:52 Anubhav : ab 3.05 pe agla episode
14:52 Sandip : yes looked like short covering
14:52 Uttam : +1 Sandip
14:52 Shubro : cot declining
14:53 Anubhav : both cudnt cross ywvap
14:53 Uttam : BNF part booking at MB low Shai?
14:53 Shubro : that 870 short below might be the 3:05 move
14:53 Shubro : or not
14:53 Uttam : taking sup at that prominent POC of 30780 BNF
14:53 Uttam : mid point of that MB too
14:54 Uttam : all TPOS there 🙂
14:55 Shai : BNF 30788 book fully
14:55 Uttam : +1 Shai
14:55 Sandip : +1 Shai
14:55 Anubhav : nf not giving up
14:55 Anubhav : vwapnow
14:55 Anubhav : spike up expected?
14:56 Govind : Good one, Uttam….14:53 Uttam : taking sup at that prominent POC of 30780 BNF
14:56 Uttam : ‘b’ bole to….’b’ 😉
14:56 Shubro : here we go again
14:56 MJ : b ol bum.
14:57 Shubro : no psike its a bummer
14:57 Govind : Yesterday’s world cup match was more interesting Shubro
14:57 Shubro : truly
14:58 Amit : Shubro bhains was ejoying the rain
14:59 Anubhav : trying again
14:59 Anubhav : algos
14:59 Govind : 3pm here
14:59 Anubhav : do something now
14:59 Shubro : jayega abhi
14:59 Govind : POC coming MJ
15:00 MJ : Remember ravishastri and famous Goti Soda dialog/
15:00 MJ : ?
15:00 MJ : Felt like that at vwap.
15:00 Govind : brave man
15:01 Arjun : a lot of lag in the charts
15:02 MJ : At my end too. Giga fiber here.
15:02 Chetan Panchal : chat msgs are coming 3 minutes late
15:02 Chetan Panchal : call from shai ..came and went away 🙂
15:02 Sujeet : yes trade msg bit late
15:02 Sandeep : Huge slippage b/w Shai’s levels and mine always !!
15:02 Govind : Retaliatory tariffs on US products by India
15:03 Anubhav : finally
15:03 Govind : market not budging
15:03 Govind : Shai’s target here
15:04 Govind : and some more
15:04 Anubhav : dlo todo ab to
15:05 Himanshu : Thnk god ecited all pes and F at 30840
15:05 MJ : That 53k ran it down. (14:59) Govind : POC coming MJ – I got stopped too.
15:05 Himanshu : Ye kaunsa Bell Hai – Bawaji Ka
15:05 Anubhav : gaya
15:06 Shubro : ghantamental ka bell as Jit would have said
15:06 Govind : Yeah MJ, was watching that…53k came after the news came out
15:06 Himanshu : testing yday low
15:06 Himanshu : kaunsa news
15:06 Anubhav : alram baj gaya
15:07 Anubhav : 3.00 baje hi
15:07 Govind : tariff hike by India Himanshu, on US goods
15:07 Himanshu : Uttam – Kal Ka repairing ho gaya – Aab chalo vapas
15:07 Himanshu : Its not safe there – Ben Nifty –
15:07 Shubro : bas majaaa
15:07 Shubro : bhais going
15:07 Shai : move came late
15:07 Uttam : vols increasing in both
15:08 Govind : MJ, I thought that was 17k, no?
15:08 Shai : thought iot will close flat
15:08 Shai : 11814 coming
15:08 MJ : 1445 bar. I was in.
15:08 Govind : oh ok, 17k came much later then
15:09 Shubro : chakna plus tandoori chicken money as well
15:09 Sandip : nice
15:09 Anubhav : haha
15:09 Shai : go short below 11840 for 11814 with 12 point stop
15:09 Sandip : 2dt done….11875 avg to 11845
15:09 Jitender : 30.7pe 174-277..peerfect tv trade 🙂
15:09 Shubro : Jittte kitthe bhai?
15:09 Shai : late move
15:09 Anubhav : arey chuppe rustom
15:10 Jitender : here only
15:10 Shai : could have come 10 mins early
15:10 Jitender : it was the news Shai
15:10 Sandip : Nice on Jitender
15:10 Anubhav : algos change their attack time daily by 5-10 min
15:10 Shubro : Jitte that advice man at border control trade uffff
15:10 Jitender : importers hit
15:10 Jitender : banks hit
15:10 Jitender : tats y bnf sold off
15:10 Jitender : n nw margin calls
15:11 Anubhav : aa gaya apna 11830 again fav
15:11 Uttam : Shai gave the first sign USDINR making new day hihgs?
15:11 Jitender : did u guys see the timing of news….
15:11 Shubro : yeah
15:11 Jitender : everythn in this country is a scam
15:11 AN : yes, exactly – 3
15:11 Himanshu : last – Green – Plus repairing stat#
15:11 Shubro : banana republic
15:11 AN : all planned
15:11 Shai : nice Sandip
15:12 Jitender : congo all & sandip
15:12 Shai : 11820- (15:08) Shai : 11814 coming
15:12 Jitender : 350 now 🙁 (15:09) Jitender : 30.7pe 174-277..peerfect tv trade 🙂
15:12 Jitender : +1 Shai
15:12 Shai : book if in- (15:09) Shai : go short below 11840 for 11814 with 12 point stop
15:12 Anubhav : weekly fa confirmed/?
15:12 Sandip : NF was always showing signs of downside..(14:25) Sandip : All these 15-25 pt jump upwards..from 11.45 onwards, options have been adding slow ammo to go downwards….spot is also supporting..sklow and steady..lets see if we get to see 11840 and below hopefully
15:12 Govind : Done
15:13 Govind : Sandip had been saying about a possible down move since afternoon
15:13 Jitender : Sandip 720 spike had a 21k buyr at lows…i went with him n bookad at 840
15:13 Govind : Sitting on the sidelines and one trade…..good one Shai
15:13 Jitender : & ten news came 🙂
15:13 Govind : Yes Jit
15:13 Uttam : nice Sandip 🙂 +1
15:13 Sandip : +1 Jitender
15:13 Uttam : congo Jit
15:13 Jitender : tx guys
15:13 Govind : Exactly when it was going for the yvwap
15:13 Uttam : BNF has buyers in this fall
15:14 Sandip : Thx guys
15:14 Govind : Decent money for a rang bound day
15:14 Govind : range*
15:14 Anubhav : 30500 was flash crash low
15:15 Sujeet : 11814
15:15 Uttam : f) Break of 30643 could trigger a move down to 30575-543 & 30510-505…BNF doing all 3 hypos today
15:15 Uttam : on the downside
15:15 Shai : sell signal today
15:15 Shubro : trade war desi style
15:16 Shai : 11760 spot only supp remaining
15:16 Govind : BOT shorted BNF btw
15:16 Uttam : what a late spike in both
15:16 Shai : spike rules Monday
15:16 Govind : late shorters trapped Uttam?
15:17 Shubro : well atleast the patience didnt wear off thank gawd
15:17 Uttam : yes Shai with BNF greens all along the fall
15:17 Govind : Nice exit Shai
15:17 Jitender : Shai has becum a lethal weapon 🙂
15:17 Govind : Both profiles look like P now
15:17 Shubro : yes we need a remake of that movie again here
15:18 Shubro : BNF is an aeroplane
15:18 Jitender : who wud b joe pesky in the remake ?
15:18 Shubro : me
15:18 Jitender : k
15:18 Govind : Haha
15:18 Jitender : i wills hoot u first ten …in the foot 🙂
15:18 Anubhav : rb again
15:18 Shubro : whos danny?
15:18 Jitender : shoot
15:18 Govind : hilarious
15:19 Shubro : ill bring balm
15:19 Shubro : who plays danny glover i ask/
15:19 Shubro : ?
15:20 Jitender : i play mel
15:20 Govind : Jit
15:20 Jitender : who plays the heroine
15:20 Jitender : i ask
15:20 Shubro : MJ u up for it?
15:20 Jitender : remake over
15:20 Shubro : heehehehehehe
15:20 Shubro : rotfl
15:20 Jitender : back 2 tradn 🙂
15:21 Govind : ‘b’ profile to spike rules
15:21 Sandip : I had asked Shai an hour ago…about what would the downside levels be below the day low of 11847….he replied…11815 below 11844….perfect levels :), any reason in particular for 11815 Shai ?
15:21 Narendra : The TV Trade was the best trade today ….. 11900PE Monthly 112.70-142
15:22 Jitender : +1
15:22 Govind : Congrats Naren
15:22 Narendra : Thanks
15:23 Narendra : Shai Sir if we close today below 30600 on BNF rare we heading for 30000?
15:23 Shai : +1- (15:21) Sandip : I had asked Shai an hour ago…about what would the downside levels be below the day low of 11847….he replied…11815 below 11844….perfect levels :), any reason in particular for 11815 Shai ?
15:23 Shai : previous OF buyer
15:23 Ramakanth : could you pls explain shai
15:23 Sandip : Thank you Shai!
15:24 Shai : trump will tweet tonight
15:24 Sandip : 🙂
15:24 Shai : 🙂
15:24 Shai : anyone knows which 29 products?
15:24 Govind : India sticking it to the man!!
15:25 Uttam : time running out else that ext handle could have got tagged today tiself
15:25 Shai : PM met the chinese also or was it only Putin?
15:25 Govind : Both
15:25 Rushabh : both shai
15:25 Narendra : both
15:25 Uttam : yes he met both
15:25 Shai : no wonder
15:25 Uttam : and like a fool Imran Khan was the only leader sitting when all were welcoming other coutry leaders
15:26 Uttam : standing up
15:26 AN : yes, a lot of channels are making fun of imran K, he didnt knew what to do
15:27 Uttam : least he could have done is to watch what others were doing
15:27 Sandip : lol
15:27 Uttam : no one sat
15:27 AN : it was funny
15:27 Govind : He probably thought they were getting up to congratulate him
15:27 AN : also added spice by our news guys 🙂
15:27 Rushabh : uttam buyers on this dip?
15:28 Govind : What is the quantum of these imports? anybody?
15:28 AN : no one knows
15:28 AN : just teh news to bring down market 🙂
15:28 Natarajan : i saw the news news here in VT, then bough 11800 put at 46 and booked good profits
15:28 Himanshu : i think was fluke –
15:28 Ramakanth : today was my first day here
15:29 Ramakanth : happy
15:29 Uttam : NF did not even do 2 IB inspite of just a 55 point IB 😉
15:29 Shai : one good trade setting up Monday
15:29 Himanshu : spot maintained 11800 – let see
15:29 Uttam : plus a tail at top
15:29 Shai : we could have held the BNF short a bit more
15:29 Himanshu : for up – Chief
15:29 Sujeet : yes
15:29 Uttam : dpoc shifting lower?
15:29 Shai : just that news
15:29 Sandip : Bye all have fun
15:29 Sujeet : cd hv been super call
15:29 Uttam : huge vols here at 11830
15:29 Shai : else would have bene a falt day
15:29 AN : what is that Shai(15:29) Shai : one good trade setting up Monday
15:29 Uttam : 4.5L
15:29 Sujeet : green cot at last candle
15:29 Uttam : 4.3L
15:29 Sujeet : shorts cvrd?
15:30 Govind : Bye guys…rooting for the Best Indies to beat the Phirangis
15:30 Uttam : algos….
15:30 Govind : See you MOnday
15:30 Chetan Panchal : Admins can you please look into delay in messsages n charts
15:30 Shubro : bye guys!! have fun weekend
15:30 Ramakanth : guys any recommendations for me study mp and order flow
15:30 Ramakanth : ?
15:30 Shai : open would move- (15:29) AN : what is that Shai(15:29) Shai : one good trade setting up Monday
15:30 Uttam : links in welcome mail
15:30 Uttam : @Ramakanth
15:30 Shai : we can trade both ways hence no position
15:30 Ramakanth : thanks uttam
15:30 Anubhav : is this a failed spike?
15:30 AN : ok – thx shai
15:30 Uttam : take it from there
15:30 Shai : should be 100 points either side
15:30 Ramakanth : ok cool
15:30 Shubro : sweet
15:30 Ramakanth : i am happy today
15:30 Shai : Bye all
15:31 Sujeet : bye
15:31 Shubro : Bye Bye
15:31 Amit : bye and happy weekend all
15:31 Shai : Have a nice evening
15:31 Ramakanth : bye
15:31 Shai : and a good weekend
15:31 TP : Bye All.
15:31 MJ : Bye everyone! cheers!
15:31 Shai : watch for Trump tweet- His ego will be hurt 🙂
15:31 Uttam : thanks All 🙂 have a lovely weekend
15:31 AN : bye guys, have a great weekend
15:31 Hardik Jikkar : bye everyone
15:32 Ramakanth : bye guys
15:32 Hardik Jikkar : have a good weekend ahead
15:32 Narendra : I think most of the products are related to Agriculture .
15:33 Himanshu : bye all Have a nice week end
15:33 Natarajan : i think this was very untimely. Looks like we are putting sameside goal
15:38 Narendra : Shai Sir & Uttam Sir ….. this was my 1st week in this trading room …… more than the profits that I earned what I liked the most is all the learning that this room provides ….. learning a lot of new things ….. Thanks a lot to everyone for sharing the knowledge
15:38 Narendra : Happy Weekend guys
15:43 Natarajan : any guess on what trump wil tweet?
15:43 Natarajan : i think Indian IT, Indian Pharma, both wil be in trouble
15:55 Uttam : cheers Natarajan 🙂

Order Flow charts dated 14th June