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.
09:37 Shai : (09:37) Shai : INtra – Buy BNF 31730 -35 sl of 31600 tgt 31880.
10:06 Shai : (10:06) Shai : Make exits in the BNF long trade at cmp
10:48 Shai : (10:48) Shai : Intra – Short NF 12069 sl of 12099 tgt 12022
11:17 Shai : (11:17) Shai : NF 12052 reduce half and maintain TSL of 12072
11:28 Shai : (11:28) Shai : Book out the NF at 12062. will review later
11:51 Shai : (11:50) Shai : Intra – Buy BNF 31626 sl of 31560 tgt 31730.
12:42 Shai : (12:42) Shai : Exit from the BNF long trades at 31626 F cost here . No momentum seen
08:59 Sujeet : Gm all
09:01 Thanika : GM all
09:02 Anubhav null : oair expected today?
09:03 Shai : GM all
09:03 AN : GM all
09:04 Madhu : gm all
09:04 Shai : https://vtrender.in/market-profile-analysis-dated-3rd-june/
09:08 Uttam : Good Morning All 🙂
09:08 Vishal : GM all
09:08 Deepak : gm
09:08 Sujeet : gap down as SHAI expected.. grt
09:09 Sujeet : lookng fr 12015
09:09 Sujeet : vwap
09:09 Thanika : mplite is not logging in.. says wrong password, even after resetting once! any known issue?
09:10 Govind : Working fine for me Thanika
09:11 Amjad : gm all
09:11 Thanika : ha.. my mistake, used email as the username instead of username! 🙁
09:13 Thanika : The table below in that chart is awesome info! Cheers, once again! 🙂
09:13 Shibu s : GM to all
09:14 Psandeep : Gm all
09:14 Amit : Gm All
09:14 Seema : GM…..ALL
09:16 Uttam : (09:13) Thanika : The table below in that chart is awesome info! Cheers, once again! 🙂 yes Suyog is the man who is working day & night to keep making it better so cheers to both Suyog & Shai
09:18 Shai : NF for 12118 test again
09:18 Uttam : yes demand coming in at 12085
09:19 Sumit : after 12015 can take enrty ?
09:19 Thanika : 12100 straddle is at 114
09:19 Anubhav null : mldebtfd
09:20 Anubhav null : btfd mode
09:21 Shai : yes was expecting a bigger drop to 12015 but strong buyers already
09:21 Sujeet : yes
09:21 Shai : 12065 imp low
09:21 Shai : secure from Orderflow
09:22 Uttam : +1
09:22 Uttam : b) Immediate support is at 12090-85 below which the auction can test 12065 / 12047-34 & 12015
09:22 Uttam : BNF needs to sustain above 32690
09:23 Uttam : 31690*
09:23 Shai : yes
09:26 Anubhav null : i thi k it will give another dip too much consensus on tv to buy dips
09:26 Sumit : if NF below 12090-85 then may tag 12015
09:26 Uttam : low vols in both plus OAIR
09:26 Uttam : almost testing the upper HVN of 12115 & 31688
09:27 Himanshu : so now Uttam We can bracce for loweer HVN for BNF
09:27 Uttam : weak below 31599
09:28 Uttam : right now in no trade zone
09:28 Uttam : 31630 today’s sup
09:28 Sandip : optionwise and spot wise looking strong even in this drop from top..12090-12130-160 possible
09:28 Uttam : yes NF good till abv 12090-85 but needs to get above 12115
09:29 Himanshu : Nifty Spot weakning now
09:29 Uttam : 28k gereen stuck at 12105
09:29 Uttam : could exit here
09:30 Seema : (12:20) Shai : a market going down on positive cot would be bought
09:30 Anubhav null : greens at vwap
09:30 Uttam : trifecta
09:30 Uttam : but all small numbers
09:30 Madhu : …..
09:31 Seema : (09:30) Uttam : trifecta…what is the meaing of trifecta?
09:31 Uttam : 3 consecutive rows of green or red in OF chart
09:31 Thanika : 12100 CE 430K OI added, 12200 CE 280K added, most PEs unwinding
09:32 Uttam : yes 12100ce has almost 4 times OI compared to PE
09:33 Seema : (09:31) Uttam : 3 consecutive rows of green or red in OF chart…….THANKS
09:34 Seema : charts freezed
09:34 Shai : gone open auction now
09:35 Uttam : BNF looks interested
09:35 Uttam : boom
09:37 Shai : INtra – Buy BNF 31730 -35 sl of 31600 tgt 31880.
09:39 Rajendra : charts freezed any problem
09:41 Uttam : refresh once, working fine for me
09:42 Shai : charts fine?
09:42 Boppanna : fine here
09:42 Uttam : yep did refresh once though
09:43 Sandip : fine here
09:43 Shai : if you get a chart freeze it many times is your ISP
09:43 Govind : works fine
09:44 Seema : how to refreash?
09:44 Thanika : actually gotomeeting is doing fine, webinator is bit lagging
09:45 Seema : ok
09:45 Uttam : when you click the ‘x’ mark on top right it will ask you to exit or reload so reload
09:47 Uttam : 31720 was small hurdle mentioned that yesteday, today also BNF getting RS there for now
09:48 Anubhav null : vwap gone in nf
09:48 Uttam : OAIR so auction will be around VWAP today
09:49 Uttam : vols also low
09:49 Shai : That MB is a hot magnet in BNF
09:49 Anubhav null : no otf present
09:50 Shai : swept through lower again
09:50 Uttam : +1 Shai
09:50 Shai : 31637 good supp
09:50 Shai : shoud push back to 41730
09:50 Shai : 31730
09:56 Madhu : ………
09:58 MJ : 3ib setup in play?
09:59 MJ : But yet to wait for ib to go through.
09:59 Uttam : only in NF
09:59 Uttam : BNF no 3 IB
09:59 MJ : Yes uttam nf reference.
09:59 Uttam : plus NF is still inside yesterdays range
09:59 Uttam : BNF looking better
10:00 MJ : NF gathers some greens here.
10:00 Uttam : 3IB comes into play when range continues in prev day trend
10:00 Uttam : NF has not made new highs today
10:01 MJ : So going back to the prev day profile and topping with low vols?
10:01 Uttam : had a dip in the morning itself NF
10:01 Uttam : so that is ref now 12065-85
10:02 Shai : 12065 is imp
10:02 Uttam : +1 Shai
10:02 Shai : cos below that is a straight 30 point drop to 12035
10:02 MJ : pday ext
10:02 Shai : BUyers have gone on vactaion in BNF at vwap 🙁
10:03 Hari : GM Shai, I am getting 100mps from my ISP and still charts are not moving, please help
10:03 Shai : need more greens at vwap in BNF
10:03 Hari : or suggest what could be the issue
10:03 Shai : any one else has chart issues?
10:03 Uttam : refresh once Hari, charts working fine for me at 40mbps too 🙂
10:03 Shubro : ok here in the east
10:03 Govind : I did and I refreshed
10:03 Govind : now working fine
10:04 MJ : Hari maybe clear cache memory for omnovia
10:04 Shai : okay I will do a reset for everyone
10:04 Shubro : but needed refresh twice in morning
10:05 Himanshu : ok seeems you are reefreshing at your end- no screeeeen heeree
10:05 Uttam : (10:04) Shai : okay I will do a reset for everyone
10:06 Shai : Make exits in the BNF long trade at cmp
10:06 Sandip : Looks like Nf on its way for a stoploss collection
10:07 Uttam : (09:47) Uttam : 31720 was small hurdle mentioned that yesteday, today also BNF getting RS there for now
10:07 Hari : Thanks Shai, charts working fine now
10:08 Uttam : that RS got 100 points
10:09 MJ : 32k reds at low.
10:09 Uttam : IS forming in both
10:09 Uttam : lets see how thid bar closes
10:12 Himanshu : Uttam – C extension in play
10:13 Seema : (10:09) Uttam : IS forming in both…….YES,.
10:14 Thanika : @Uttam: Are these trying to repair yesterday’s structure as you said?
10:17 Himanshu : Uttam – Negotation on
10:18 Sandip : looks like 12075-12015 zone is needed before an upmove…..basically what was needed in the morning for those big shorts to cover..lets see
10:18 Uttam : we have the RBI policy on Thursday so next move post that only I feel, both could remain range bound today & Thursday first half
10:18 Anubhav null : 12050 wud be a good entry
10:18 Anubhav null : if we get
10:18 Sandip : Tomorrow is holiday?
10:19 Uttam : yep
10:20 Himanshu : than – Uttam — we might see full profile test of yesterday –
10:21 Uttam : 31660 first res in BNF now
10:21 Sujeet : rangebound day possble befre event.
10:21 Uttam : BNF taking sup for now at yesterday’s ext handle of 31599
10:22 Sumit : and NF 12065
10:25 Hari : Uttam, was there a tick at 12063? DL in NEst is 12065.10
10:27 Sujeet : less volume..locals playing??
10:27 Uttam : morning low was freak tick looks like Hari as no vols below 12075 at open we had 0s
10:28 Uttam : on 30min OF also you can check all 0s in first bar at lows
10:31 Himanshu : so now wee might have scratched 12065
10:32 Himanshu : ICICI bank gave up – 424 and dhit 417 – not good sign
10:32 Amjad : icici bank shd cross 423
10:34 Gaurav : Put wirting happening on 11950 instead of 12k
10:35 Uttam : trifecta in BNF at vwap, weak shorts being removed?
10:38 Uttam : BNF coiling here. C so far double inside bar
10:39 Seema : advance decline ratio is negetive.
10:39 Sandip : im looking for atleast 12035
10:39 Uttam : bring it on Sandip
10:40 Shai : yes sellers have a hold on NF
10:40 Shai : morning buy side momentun is gone already
10:41 Shai : Failed upper move in BNF today
10:41 Shai : tehncially should go lower now to meet fresh buying
10:41 Sandip : Uttam there was a 30 k seller in bnf yesterday..what level was that?
10:41 Shai : will wait to see if there is an IB extension in which case 31400 is expected
10:43 Rushabh : shai on NF what levels to watch for the dip buyers? 12035?
10:43 Uttam : 31600 had 49k red on 30mins & looks like he exited in the dip today
10:43 Uttam : 31625-650 also had reds
10:45 Uttam : 5min we had 31k red & 14k red arnd 31600 itself Sandip
10:46 Hari : Too many stocks buy calls in SM and groups, just saying
10:46 Anubhav null : rbi policy dump coming up on thur
10:46 Uttam : good chance of NF giving a DD down as singles below 12065 till 12034
10:47 Uttam : poors low also in it
10:47 Sandip : Thanks Uttam
10:48 Shai : Intra – Short NF 12069 sl of 12099 tgt 12022
10:49 Uttam : BNF continues to coil
10:49 Uttam : but has a small selling tail at top exactly from PDH
10:49 Uttam : 31719-31753
10:55 Sandip : I wud have been very happy..had 12100 been hit once after we took this diip, that wud have made the down move easier..but lets see..if it comes, will average.
10:56 Sujeet : i ws thnkng to short below 12065 keepng 12099 sl
10:56 Anubhav null : hmm
10:57 Anubhav null : if ibl breaks might give 30 points move lower
10:59 Sandip : Yes Anubhav, that is the plan hopefully
10:59 Anubhav null : no rb
11:01 Anubhav null : here goes
11:03 Uttam : 60k red at lows in NF
11:03 Sumit : stuck ?
11:03 Rushabh : uttam can be SL?
11:04 Uttam : yes could be Rushabh
11:04 Uttam : SL just below IBL
11:04 Anubhav null : 🙂
11:04 Shai : yes SL to sell below mechanical day lows
11:04 Shai : typical retail
11:05 Anubhav null : flase break
11:05 Shai : 🙁
11:05 Shai : vwap will the sellers still
11:07 Uttam : probable Fa at lows in NF
11:07 Uttam : but needs to get above VWAP first and then 12090
11:08 Uttam : (10:21) Uttam : 31660 first res in BNF now….BNF needs to get above this & sustain
11:10 Himanshu : Uttam – In 5 Mt Quant tBale in BNF – POC – 31400 This is mthly poc for june ?
11:11 Uttam : no Himanshu yesterday we had the dPOC at 31400 before vols came in at 31688
11:13 Hari : Shai/Uttam, the vwap line on 30 mins is not visible
11:15 Shai : we have taken that out @Hari
11:15 Shai : it is 12079
11:16 Sujeet : boom
11:16 Himanshu : Reds in both – Shai +1 12015 coming sooneeer
11:17 Himanshu : Sujeet – Boom – for up – Doom for down
11:17 Shai : NF 12052 reduce half and maintain TSL of 12072
11:17 Himanshu : Haha
11:17 Sandip : This wass profit booking
11:18 Uttam : 31480 test coming in BNf Shai?
11:18 Shai : (10:40) Shai : yes sellers have a hold on NF(10:40) Shai : morning buy side momentun is gone already
11:19 Shai : don’t make fresh shorts
11:19 Shai : maintain 12072 if short as sl’
11:22 Shai : what’s up with these reds in NF?
11:22 Rushabh : retail shai?
11:23 Shai : could be pros also
11:24 Shai : just look out of place
11:25 Rushabh : shai you said yesterday to look for buying the dip, what level would invalidate this?
11:25 Thanika : 12000 straddle came down to 111, from 140s
11:26 Shai : below 12010- (11:25) Rushabh : shai you said yesterday to look for buying the dip, what level would invalidate this?
11:26 Rushabh : alright shai
11:28 Shai : Book out the NF at 12062. will review later
11:29 Boppanna : +1 11:24 Shai : just look out of place
11:31 Uttam : those stuck reds getting out at vwap?
11:33 Shai : 12077
11:33 Shai : (11:19) Shai : don’t make fresh shorts
11:33 Sandip : Those reds were profit booking..these greens are short covering
11:34 Jitender : n one in black..wat r tey 🙂
11:34 Shubro : phressh buyers
11:35 Jitender : aah..phreshis good 🙂
11:35 Shubro : lol
11:35 Himanshu : Naya Maal
11:35 Jitender : dont tell me Himanshu..tum ne gaddi nikal li hai 🙂
11:35 Sujeet : below 12060 these buyers wl hv tough time ..n abve 12078 gud momentum to carry
11:36 Himanshu : hahah
11:37 Hiren : we might close in green today
11:38 Jitender : Hiren..theese fii r playnstrong games since 25th
11:38 Himanshu : Abtak VWAP ki chhatra chaya mein hain ?
11:38 Jitender : selln one day..buyn next
11:38 Jitender : killn retails
11:39 Jitender : day bfore sgx was kept up n we made 171 on nf…yday sgx was kept dwn n we have PB
11:39 Himanshu : all cnbc guests crying wolves of Recession warning and Risk off –
11:39 Jitender : so just be wary of tem if 12055 in nf & 540 in bnf brks
11:39 Himanshu : on US yeild on shorter duration -being lower ..
11:39 Boppanna : BNF following Uttam’s report zone +/- 20 so far .”The zone of 31599 to 31718 could be termed as a spike zone & will be the immediate reference for tomorrow”.
11:40 Jitender : ys BoP..at 735..the TV guy CALLED SHRT…NSUDDENLY I WAS UP 120BPS…ONE OF THE FEW DAYS…IT WRKD
11:40 Jitender : srry fr caps
11:40 Jitender : fat fingers 🙁
11:41 Rushabh : btw AG is back
11:41 Jitender : dont even listen to him now
11:41 Jitender : hez done
11:42 Rushabh : health taking a toll on trading?
11:42 Jitender : karma
11:42 Himanshu : As per citi – guy this is first indication – All treasury yeilds – US, Polandd, Brazil, china, India – bending down with crude, – Brazil is 200 % of nornal deviation on lower side,
11:42 Jitender : ys
11:42 Jitender : tats a real fear
11:42 Jitender : but we believe in ghantamentals
11:42 Himanshu : haha
11:42 Jitender : so ..u dont know wen the bell will be rung
11:43 Himanshu : Okkk
11:43 Rushabh : indias index only at ath, rest all down
11:43 Sujeet : its still 6mnths away from tht fear..
11:43 Himanshu : I thought in literal term – Ghantametal
11:43 Jitender : its the real deal…soon u will have a index on it to trade 😉
11:44 Sujeet : 12060 in play
11:44 Himanshu : haha – how will Phirangi will pronuncce it Ghantamental
11:45 Jitender : good q
11:50 Shai : Intra – Buy BNF 31626 sl of 31560 tgt 31730.
11:54 Uttam : BNF forming ledge at 31600 levels
11:54 Uttam : all TPOs there since morning
11:57 Boppanna : can someone push that thru that nice MB in BNF
12:00 Uttam : most of them would be waiting for a move in BNF on thursday but looks like one big move can come in in today
12:00 Shai : :)- (11:57) Boppanna : can someone push that thru that nice MB in BNF
12:01 Shai : just love it when you guys read this so well
12:01 MJ : You’ve trained us well.
12:01 Shai : Cheers
12:04 Himanshu : Bopp – Am trying – we need support of Jitu
12:04 Himanshu : and Uttam –
12:04 Boppanna : Uttam not letting go of vwap in BNF looks like
12:04 Himanshu : NF is nagging a
12:06 Sandip : another profit booking bar
12:06 Rushabh : reds stuck
12:07 Himanshu : Reliance – Tcs – Infy all snoring –
12:07 MJ : Yes Rushabh.
12:07 MJ : Right at the lows.
12:07 Sandip : no wait..its a combination of profit booking and a new seller….
12:08 Madhu : A,B,C,D,E,F,all period low is same
12:08 Anubhav null : pwh is a gud long entry
12:08 Madhu : wt it indicate mr shai
12:08 Anubhav null : nf
12:09 Rushabh : poor job by sellers today?
12:09 Madhu : banknifty
12:09 Anubhav null : yeah till now sellers failingu
12:09 Anubhav null : vwap tag coming i in nf
12:09 Himanshu : PWH is break out point – if first attempt is alwasy tested if today we have either Reds or Greeens at this point couldd be of significance
12:10 Uttam : NF has been OTF down since open
12:10 Seema : PWH…..Meaning?
12:10 Uttam : why you guys feel sellers doing bad job?
12:10 Himanshu : Previous Week High
12:10 Seema : Thanks
12:10 Rushabh : no follow thru uttam?
12:11 Uttam : Hari’s fav 1.5 IB fail coming today looks like 😉
12:11 Anubhav null : buy above ibl if still unsure?
12:12 Anubhav null : wt say uttam
12:12 Uttam : OAIR and low vols so expected a narrow range first half which has been the case but the PLR since morning has been down
12:13 Rajeev : What Is PLR??
12:13 Uttam : locals only so been getting stuck
12:13 Uttam : which is why no big move
12:13 Sujeet : locals selling since ystrday
12:13 Anubhav null : ok but trend still up till 12000
12:13 Anubhav null : holds
12:14 Uttam : also been below vwao all day
12:14 Uttam : one swipe to vwap was reejcted in both NF & BNF
12:14 Seema : Uttam….how can we identify that locals and OTF
12:14 Anubhav null : ok waiting for more clarity
12:14 Uttam : volumes
12:14 Uttam : and follow through
12:15 Uttam : (11:54) Uttam : BNF forming ledge at 31600 levels(11:54) Uttam : all TPOs there since morning now G also gets printed here
12:15 Jitender : wide poc
12:15 Seema : Uttam….on 30 mins chart yday was RS and toeday IS…m i correct?
12:16 Uttam : look for increase in vols if any move coming today else capable of closing as a narrow range day
12:17 Madhu : …..
12:17 Uttam : (12:15) Seema : Uttam….on 30 mins chart yday was RS and toeday IS…m i correct? whihc level Yogesh?
12:17 Sujeet : RS &IS ?? eloborate pls
12:18 Uttam : OTF stopping in NF will be a clue that auction is changing character
12:18 Uttam : @Sujeet have you seen the videos of OF given in the wlecome mail?
12:18 Boppanna : Seems like Madhu has given the signal for the move 🙂
12:18 Seema : uttam…. yday RS was on 12111
12:18 Uttam : we have thse 4 concepts while we watch the OF charts we look to identify
12:18 Sujeet : okk
12:18 Uttam : RS – responsive seller / IS – initiative seller
12:19 Uttam : opp is IB / RB
12:19 Sujeet : yes got it
12:19 Himanshu : Bopp – am trying
12:19 Shubro : Uttam how do you identify OTF stopping?
12:19 Seema : today 12090
12:19 Himanshu : Lifting BNF
12:19 Uttam : (12:18) Boppanna : Seems like Madhu has given the signal for the move :)…his keyboard getting excited is the signal Bops 😉
12:19 Himanshu : Daam lagakee haisha
12:19 Sujeet : bring it on
12:20 Uttam : (12:19) Shubro : Uttam how do you identify OTF stopping? when it stops making lower lows ot higher highs
12:20 Himanshu : Aahha Aaaja Aha aaja
12:20 Seema : why option rate are not incresing?
12:20 Sujeet : vix down
12:20 Madhu : hhhh
12:20 Uttam : in spot Nifty made an inside bar in F period so first one where it did not print a lower low today
12:21 Anubhav null : here goes
12:21 Uttam : now G needs to get above F to signal the OTF down reversal
12:21 Rushabh : low vols
12:22 Shubro : right thanks Uttam
12:22 Uttam : (12:20) Madhu : hhhh…Bops decode this please
12:22 Boppanna : Thats a new one no history of that Uttam
12:22 Uttam : lol
12:22 Jitender : 🙂
12:22 Shai : locals – no OTF- (12:08) Madhu : A,B,C,D,E,F,all period low is same
12:23 Boppanna : Himanshu too much effort tires u save it may be 2:30 move
12:23 Jitender : Uttam fr decodn..u have 2 first fig out wich body part is printn it
12:24 Uttam : lol Jit
12:25 Jitender : aah..so u used yr imagination 🙂
12:25 Uttam : was abt to say what sense of imagination you have 😉
12:26 Jitender : same page ten 🙂
12:26 Uttam : +1
12:26 Uttam : always
12:26 Shubro : trading can become lonely
12:26 Jitender : +1
12:26 Shubro : 😛
12:26 Jitender : u dont have yr keyboard Shubro ?
12:26 Uttam : by the way I think for the first time I saw a fully completed sentence by Madhu today
12:27 Shubro : i use my imagination Jit 😛
12:27 Jitender : haha
12:27 Jitender : beware…soon alexa will print tat also
12:27 Uttam : seriously
12:28 Shubro : alexa is the next devil after google
12:28 Uttam : 31600ce&pe being written as holiday tom i/ guess
12:29 Anubhav null : doj in us is killing google
12:29 Himanshu : Jit- Bought small lot of 31700 ce @135 SL 118
12:29 Thanika : 12200 & 12100 CE added 800K approx in each
12:31 Shubro : NF really wants to go low
12:32 Sujeet : bnf cn pull nf… bnf looks strng today
12:32 Himanshu : Europe opening low .5 %
12:32 Jitender : Himanshu..hv taken a vow of abstinence like Vishwamitra…..so will need a Menaka to brk it…hope u r not competn fr it 🙂 (12:29) Thanika : 12200 & 12100 CE added 800K approx in each
12:33 Jitender : sry
12:33 Jitender : tis one (12:29) Himanshu : Jit- Bought small lot of 31700 ce @135 SL 118
12:34 Himanshu : come on Jit – Pls this chatroom is one of its kind
12:34 Jitender : m also 🙂
12:34 Uttam : Nifty Spot continues the OTF down as making new lows in G
12:34 Jitender : so was menaka
12:34 Uttam : F was just a pause
12:34 Himanshu : come on – Jit
12:34 Sujeet : yes
12:35 Jitender : lets focus on mkts
12:35 Uttam : 12012 in spot ie yesterday’s POC, needs to hold else can dip more
12:35 Himanshu : Supply in NF –
12:35 Uttam : again 31k red at lows
12:35 Uttam : 12041 new day low & new reds stuck 😉
12:36 Hari : grind below ibl Uttam
12:36 Hari : can tank
12:37 Uttam : it is supposed to tank Hari but has ran out of ammunition 😉
12:37 Hari : NF I mean, dunno abt BN
12:37 Uttam : H or I period could give that signal of how the day would close
12:37 Hari : it is all over to I
12:37 Uttam : +1 Hari
12:38 Uttam : but do feel one big move coming in the afternoon
12:38 Hari : waiting for late buyers to liquidate below 038
12:38 Rajeev : which way Uttam??
12:39 Himanshu : Uttaam – Spot 12020 Seeems held – candle shape says so – of amother 15 mts can held then think – we shall be safe heree
12:39 Uttam : (12:38) Rajeev : which way Uttam?? for now probe is down but need some more confirmation about how day could close may be in H or I period we could get a hint
12:41 Uttam : 31600pe has been building volumes around 185 since yesterday
12:42 Shai : Exit from the BNF long trades at 31626 F cost here . No momentum seen
12:43 Shai : NF is one time frame lower
12:43 Shai : slow grind
12:43 Shai : but volume driven by locals
12:43 Jitender : Shai..ny clue as to if Nasdaq has broken a crtical supp ? like 2700 of spx
12:44 Shai : I can’t chart Nasdaq 🙁
12:44 Jitender : oh..np
12:44 Sujeet : we exit n momentum came
12:45 Shai : 🙁
12:45 Jayanth : 🙁
12:45 Uttam : 16k at 31680
12:45 Rushabh : 🙁
12:45 Thanika : 🙁
12:45 Sujeet : 700 hits 🙁
12:46 Himanshu : Shit- Exitedd 31700 ce
12:46 Shai : tough – when NF and BNF show diff auctions
12:47 Psandeep : 31500ce 232 to 272, 32Kce 44 to 55…
12:48 Sujeet : sustain abve vwap means more upside
12:48 Psandeep : options very much lagging because of holiday tomm
12:49 Anubhav null : fa confirmed uttam?
12:49 Anubhav null : in nf
12:49 Uttam : no FA in NF Anubhav as we stayed below IBL for more than 30mins
12:49 Uttam : probable one in BNF
12:49 Uttam : but needs to get above IBH
12:49 Sujeet : 720 on screen
12:49 Psandeep : bye all..done for the day
12:49 Sujeet : ws super call
12:49 Shai : 12090 due
12:50 Thanika : DT done
12:54 Sandip : Nf spot islagging in this upmove
13:00 Sujeet : 12090 done
13:00 Sujeet : super
13:00 MJ : dval to dvah done.
13:00 MJ : nf.
13:01 Uttam : (12:37) Uttam : H or I period could give that signal of how the day would close…H showing the way
13:01 Shai : +1
13:02 Shai : was due always when the seller failed vwap
13:02 Shai : (12:49) Shai : 12090 due
13:02 MJ : +1 shai
13:02 Uttam : +100 Shai
13:02 Shai : same i BNF
13:02 MJ : 32k at dlo was dwindling too in nf.
13:02 Shai : one time frame of the locols killed
13:02 Shai : we have a HH and a poentential neutral ext
13:03 Uttam : yes Shai
13:03 Shai : can do 12153 F on close sl below 12063
13:03 Uttam : BNF also about to confirm a FA at lows
13:03 Uttam : done
13:04 Boppanna : Getting out of this 11:39 Boppanna : BNF following Uttam’s report zone +/- 20 so far .”The zone of 31599 to 31718 could be termed as a spike zone & will be the immediate reference for tomorrow”.
13:04 Uttam : 32193 1atr in BNF
13:04 Sandip : Shai
13:04 Sandip : 12063 because the 0’s in that zone?
13:04 Uttam : beast mode on 😉
13:04 Shai : yes
13:04 Uttam : Shai possible targets in 31600ce?
13:04 Sandip : Thanks
13:05 Shai : one pullback to vwap will be great here
13:06 AN : Now we know what Madhu meant 🙂 (12:20) Madhu : hhhh
13:06 Uttam : super that was H period he was hinting 🙂
13:06 AN : 🙂
13:06 Govind : 🙂
13:07 Sujeet : can we go long ?
13:07 MJ : Govind 0’s right at those 666 one in bnf 🙂
13:07 Sujeet : near vwap
13:07 Sujeet : with 12060 sl?
13:07 Uttam : a) BNF needs to sustain above 31688 for a move to 31736 & 31775-792
13:07 Uttam : BNF high so far 31793.95
13:08 Sandip : +1 Uttam
13:09 Uttam : we had overlapping RS at 31792 on Friday before that crazy move down
13:09 Uttam : if this is taken out new all time hgihs coming in BNF
13:10 Govind : Uttam, what is the range of that upper MB in BNF?
13:11 Uttam : that is Friday’s MB so could be 31815
13:11 Govind : Ok thnx
13:15 Uttam : (12:11) Uttam : Hari’s fav 1.5 IB fail coming today looks like 😉
13:15 Uttam : @Hari you there?
13:16 Hari : HI Uttam
13:17 Uttam : 1.5 IB fail in both today though NF just managed to tag it
13:17 Hari : vwap bands not expanding in this up spike
13:18 Hari : Yes.
13:18 Seema : Premium eating is going on both side.
13:19 Hari : too much of profit booking Uttam, need some fresh demand
13:20 Uttam : 31840-850 coming in NF if gets above 31795 again
13:20 Uttam : BNF*
13:23 Sandip : OI addittion in 12100CE is quite high as compared to others..that needs to go down if a move till 12150 is to come…
13:27 Uttam : dip to vwap can come in both
13:27 Uttam : would be nice also
13:27 Sujeet : welcome
13:27 Sujeet : vwap
13:28 Anubhav : our chant is being leaked to otf
13:28 Anubhav : lol
13:28 Anubhav : chat*
13:28 Hari : who did it? 13:17 Hari : vwap bands not expanding in this up spike
13:28 Sandip : nice
13:30 Uttam : +1 Hari
13:31 Uttam : ‘I’ did not make higher high so first signal that move can get retraced
13:32 Uttam : if I stayed above range of H trend would be strong
13:32 Hari : Jit knows why we had this move on Tues afternoon 🙂
13:33 Uttam : next move after 2:30?
13:33 Anubhav : plr down again?
13:33 Jitender : u tha man Hari
13:33 Hari : how can I forget your treachings 🙂
13:34 Jitender : chck wat happnd to 31.6ce at 258…gv 50 cln
13:34 Uttam : BNF low in this dip 31682 so far, if holds then good for bounce back
13:34 Jitender : _/\_ (13:33) Hari : how can I forget your treachings 🙂
13:34 Jitender : happy to stand beside u
13:34 Uttam : exited that 31600ce at 258 & 240 Jit
13:34 Jitender : +1
13:35 Uttam : but that one can give another move up before close today so keeping an eye on it
13:36 Uttam : 186 was sup in it & low made in this dip to vwap is 193 so buyers still there at those levels looks like
13:38 Jitender : k
13:38 Shai : barely holding supp , 12077 new supply
13:39 Shai : thiose 0’s are just abv 12078
13:42 Uttam : 12000 combo now down to 104 from 140+ at yesterday’s close and we have been above NF’s ext handle even then
13:43 Uttam : 12050 combo also steadily trending lower from 115 at open to 95 now
13:43 Amjad : Shai : thiose 0’s are just abv 12078 what is the meaning of this? uttam
13:43 Govind : Weekly theta also a reason cnsidering tomorrow is a holiday Uttam
13:44 Rushabh : tomorrow holiday?
13:45 Uttam : yes Govind
13:45 MJ : Amjad from yest room notes.
13:45 MJ : (14:20) Sandip : Shai,, so if you have 2 sets of ‘0’s, in one direction, then the lower one becomes support for the upper one? (in orderflow)(14:20) Shai : yes Sandip(14:23) Shai : It’s an important concept in #Orderflow those zones where the markets produce itra day LVN’s or low volume nodes
13:45 Uttam : yes Rushabh
13:45 Amjad : ok mj
13:46 Uttam : @Amjad you get 0s cos either all demand has been taken up or all the supply so the zone where you get them is imp sup or res thereafter till it is not visited again
13:46 Amjad : thanks uttam
13:46 Uttam : in today’s NF 5mins you can see from 12085 to 12079 you have 0s so that zone would be res till visited again
13:47 Shibu s : is that 0’s related to Market orderes?
13:47 Amjad : ok
13:47 Uttam : big player coming in & grasping all the orders it could be
13:48 Uttam : also notice the vol of the bar where you get these 0s, if it is a high vol bar more confirmation of bigger TF guys coming in
13:48 Uttam : if vols are low then good chance that it is only cos of lack of volumes those 0s have come
13:49 Thanika : very useful points Uttam. Thanks a lot!
13:52 Uttam : (13:35) Uttam : but that one can give another move up before close today so keeping an eye on it(13:36) Uttam : 186 was sup in it & low made in this dip to vwap is 193 so buyers still there at those levels looks like
13:52 Uttam : that 31600ce back at 245 now
13:54 Sujeet : grinding day
13:55 Govind : One upmove in NF will complete the bell in NF, Uttam?
13:56 Uttam : day set up for Neutral Extreme Govind
13:57 Govind : Alright Uttam
14:00 Uttam : BNF attempting new hihgs
14:01 Amit : bot also gave a call for buy in hdfc 🙂
14:01 Uttam : yes somtime back it eas Axis
14:03 Anubhav : greens at highs failing
14:15 Uttam : 31644 tag coming in BNF?
14:16 Hari : swing wise both are getting weaker a bit
14:16 Anubhav : spike close coming?
14:18 Uttam : that MB high stalling the move down in BNF
14:19 Kandhasamy : yes Thank you Sir
14:19 Sandip : Nf is flip flopping quite a bit…strong grinding is on for now
14:19 Uttam : hello Mr. Kandhaswamy 🙂
14:20 Kandhasamy : yes sir
14:20 Hari : SLs bunched up at 12097, should get there once and then spike down #wishlist
14:20 Uttam : (13:33) Uttam : next move after 2:30?
14:21 Uttam : time to repair the HI poor hgihs in BNF 😉
14:31 Anubhav : boring day….
14:32 Sandip : wrong Anubhav
14:32 Sandip : Extremely boring neutral day!
14:32 Anubhav : haha
14:33 Anubhav : 25bps cut discounted
14:33 Anubhav : for more up move 50bps needed i guess
14:33 Sandip : I was hoping Uttam wud take it to some extreme…
14:33 Uttam : 2:30 baj gaye kya 😉
14:33 Sandip : But that holiday effect seems to be building up
14:33 Uttam : plus event also on Thursday
14:34 Sandip : right policy
14:34 Uttam : we still have the time for a NeuX
14:34 Uttam : dPOC in BNF right here
14:34 Anubhav : after rbi policy no triggers in june series as such
14:34 Amit : 2.45 move now
14:35 Anubhav : lets see
14:35 Govind : NF at dval again
14:35 Sandip : finally
14:35 Govind : going down?
14:35 Govind : zeroes again
14:35 Hari : ok, they are going for direct spike down, fine
14:35 Uttam : (14:15) Uttam : 31644 tag coming in BNF?
14:35 Uttam : (14:15) Uttam : 31644 tag coming in BNF?
14:35 Anubhav : fii booking out kal kuch jyada hi khareed liya tha
14:38 Sandip : if 2.45 and 3.05 timing dont give and moves im gonna shut shop..xD
14:40 Sandip : any*
14:41 Anubhav : spike up sandip?
14:42 Sandip : options pointing down Anubhav
14:42 AN : Uttam, which side spike are you expecting, bnf highs or lows?
14:42 Anubhav : hmm weak greens in nf
14:43 Uttam : upside AN but looks like settling down for Neutral Centre both
14:43 AN : thx uttam
14:45 Anubhav : come on go go
14:45 Sandip : too many 0’s upmoves and downmoves both
14:45 MJ : Uttam need a refresh: That yellow line on OF. That is?
14:45 Sandip : mostly around 12072
14:46 Shubro : again pausing for zeros ?
14:46 Sandip : vwap is like a magnet last 2 hrs
14:47 Anubhav : above vwap boom boom
14:47 Anubhav : last chance
14:47 Sandip : 3.05 bhi hai anubhav
14:47 Anubhav : arey haa
14:47 Shai : won’t boom boom there is liquidity issue abv 12078
14:48 Shai : (13:39) Shai : thiose 0’s are just abv 12078
14:48 Shai : 12081 was the last low
14:48 Anubhav : ok shai will wait patiently
14:48 Shai : high*
14:48 Govind : Shai, what is that yellow line in the OF charts?
14:48 Anubhav : trades triggered out ofe boredom are often wrong..lol
14:49 Shai : +1- (13:46) Uttam : @Amjad you get 0s cos either all demand has been taken up or all the supply so the zone where you get them is imp sup or res thereafter till it is not visited again
14:49 Sandip : im out at 12061 ..1.5 DT seems enough for now
14:49 Shai : dval – (14:48) Govind : Shai, what is that yellow line in the OF charts?
14:50 Sandip : shud have given 12035 though
14:50 Anubhav : maybe ywvap tag coming now as no demand here
14:51 Thanika : why straddles are going up now, any move coming?
14:51 Anubhav : policy bets
14:51 Thanika : ha.. ok
14:51 Govind : Shai, but dval number is different from the yellow line though? dval – (14:48) Govind : Shai, what is that yellow line in the OF charts?
14:53 Shai : dval is 12062
14:53 Shai : +/- 2 -3 points
14:53 Shai : it is a zone feeding on volumes
14:54 Shai : works faster on smaller TF charts
14:54 Shai : shoukd drop to 12050 by close this dval
14:54 Gaurav : table shows dval as 12050 only
14:54 Rushabh : shai any cooment on todays COT?
14:55 Govind : dval is showing as 12050 in the box n the left
14:55 Shai : okay should move there
14:55 Shai : it is developing
14:56 Shai : yes COT is negative
14:56 Shai : pros could be short again today
14:56 Himanshu : yeesteerddday alos
14:56 Shai : could have been a good day execpt that it slowed down a lot
14:56 Shai : but value is higher today
14:56 Anubhav : its strange fii didint follow up yest buying
14:56 Shai : so yesterday’s move up is accepted
14:57 Himanshu : can we buy NF near 12050 with SL of 12015
14:57 Anubhav : still hoping for spike up
14:57 Shai : for thursday?
14:57 Shai : that sl is less
14:57 Shai : tom is a market holiday
14:57 Shai : sl below 11995 F if buying
14:58 Himanshu : OK – 11980
14:58 Rushabh : shai staying on which side, the FII’s side or pro’s is better?
14:58 Himanshu : Ok
14:58 Shai : chart is biased up Rushabh
14:58 Gaurav : opposite side of retail rushabh 🙂
14:58 MJ : Rushab Shai’s side.
14:59 Gaurav : +1
14:59 Anubhav : yesterdays singles held in nf
14:59 Rushabh : lol, absolutely!
14:59 MJ : He processes info and feeds us.
14:59 Shai : as long as 11980 F holds up we stay biased up
14:59 MJ : Best part.
14:59 MJ : Alright gents. Have a nice break. Done for the day. And to room members who have eid celebrations, Eid mubarak in adv to all of you
14:59 Shai : +1
15:00 Rushabh : Yes! machine he is
15:00 MJ : Bye all.
15:00 Anubhav : bye mj eid mubarak
15:01 Sujeet : DAY LOW
15:01 Anubhav : still holding
15:02 Anubhav : 3.03
15:02 Sandip : yess
15:02 Anubhav : sandip kaha gaye
15:02 Anubhav : 🙂
15:02 Sujeet : big order?
15:03 Sandip : ;)(10:55) Sandip : I wud have been very happy..had 12100 been hit once after we took this diip, that wud have made the down move easier..but lets see..if it comes, will average.
15:04 Sandip : 12098 hit and then 30 min TF down only
15:04 Uttam : +1 Sandip
15:04 Shai : +1
15:04 Uttam : BNF giving Neutral extreme on the downside :-p
15:04 Sandip : had some Pes for swing 2-3 days…out in 15 pts
15:05 Sandip : Thx Guys
15:05 Shai : neut X?
15:05 Hari : went for the jugular 🙂 14:20 Hari : SLs bunched up at 12097, should get there once and then spike down #wishlist
15:05 Shai : +1
15:05 Uttam : Thursday could be a trending day Shai?
15:06 Thanika : 12000, 11900, 11800 PE unwinding approx 400K each
15:06 Anubhav : still no rb…kaha gaye bulls
15:06 Uttam : BNF has HI at highs today
15:06 Anubhav : aaao re aao
15:06 Uttam : only locals today Anubhav
15:06 Thanika : @Uttam: Any straddle suggestions?
15:06 Shubro : all wiating for Thu
15:06 Jitender : Uttam Anuj says he was expecting 90 pt drop today 🙂
15:06 Uttam : saala kal bol deta ;0
15:07 Anubhav : but usually insiders buy before the event…like befoere exit pollresults
15:07 Uttam : no Thanika not weekly surely
15:07 Shubro : so maybe small rate cut only
15:07 Uttam : lets take a fresh view on Thursday
15:07 Sujeet : 25 bps wd result n big sell off what i expct..
15:07 Anubhav : so no surprises coming from rbi?!
15:07 Thanika : ok, thanks
15:07 Shubro : lets play by data
15:07 Uttam : what if rate cut done by 50 or 75bps ;-p just saying
15:08 Jitender : (11:37) Hiren : we might close in green today(11:38) Jitender : Hiren..theese fii r playnstrong games since 25th(11:38) Jitender : killn retails(11:39) Jitender : so just be wary of tem if 12055 in nf & 540 in bnf brks
15:08 Sujeet : 50 wd be welcome ..75 wd be rocking to 12300
15:08 Uttam : +1 Jit
15:08 Shai : +1
15:08 Uttam : dPOC in BNF now down to 31625
15:08 Govind : 75bps rate cut means we have bigger issues, macro wise
15:08 Uttam : what a nice bell in NF
15:08 Shai : BNF staying abv 31580
15:08 Jitender : sgx will enjoy rate cut rally 😉
15:08 Uttam : perfect consolidation after trend day
15:09 Shai : will be watching that 31540- 580 zone into RBI on thursday
15:10 Madhu : shai any BTST R STBT
15:10 Shai : No
15:10 Shai : holiday in between when the world trades is always higher risk
15:11 Uttam : both 31600 ce & pe at 15 levels
15:11 Uttam : 150*
15:12 Anubhav : vix shud have risen today na uttam?
15:13 Uttam : RBI not that big an event Anubhav & it is more noise but we need to get that out of way for OTF to make their positions
15:14 Anubhav : hmmm but 1 percent moves up n down might happen atleast..
15:14 Anubhav : locals play i guess
15:14 Uttam : policy annoucement only at 2:30 na?
15:15 Uttam : then we have expiry 😉
15:15 Govind : Bye guys, see you on Friday.
15:15 Anubhav : no idea abt time
15:15 Sandip : i guess rregular Uttam 2.30
15:15 Amjad : bye all
15:15 Anubhav : acha cool
15:15 Sujeet : bye
15:16 Jitender : 11.30 (15:14) Uttam : policy annoucement only at 2:30 na?
15:16 Sandip : ?
15:16 Uttam : oh cool that is nice then
15:16 Jitender : nt sure
15:16 Jitender : but tats wat i read sumwere
15:16 Sandip : change kab hua
15:16 Uttam : 2:30 Jit as per RM’s post on slack
15:17 Jitender : k…my bad ten
15:17 Jitender : its 11.45
15:17 Jitender : just checked rbi site
15:18 Anubhav : again buying happening ..some rb at lows
15:18 Uttam : 11:45 the meeting starts I think, announcment will be at 2:30?
15:19 Shai : 2.30
15:19 Anubhav : fii buying after locals logg off
15:19 Anubhav : smart guys
15:19 Anubhav : 12200 call gave 87-91 small scalp done
15:22 Sandip : cottect Jitender
15:22 Sandip : correct
15:22 Sandip : 11.45
15:22 Sandip : This should be fun
15:22 Anubhav : bnf off 100 from lows
15:22 Anubhav : damn insiders shake out weak hands always
15:23 Jitender : i know Sandip S Dass had changed the timings
15:24 Shibu s : catch me if u can vwap
15:24 Jitender : 31.6ce 141-171 (15:08) Jitender : sgx will enjoy rate cut rally 😉
15:24 Anubhav : vwap close in nf almost
15:24 Anubhav : yeah
15:24 Anubhav : haha
15:24 Uttam : Maruti…..
15:24 Thanika : +1 Jit
15:25 Anubhav : maruti dsicountin 50bps
15:25 Shai : neut Centre
15:25 Jitender : fii r massively toyn now 🙂
15:25 Shai : COT bullsih in clsoe
15:25 Anubhav : dhokaa jit!
15:25 Jitender : opportuinity
15:26 Uttam : BNF retaining the FA and NF leaving a probable FA at lows
15:26 Jitender : spot it n enjoy both sides
15:26 Anubhav : haa dhire hdire samjh ayega sirji
15:26 Sandip : bye all
15:26 Anubhav : such big greens now damn
15:26 Anubhav : btfd mode on again
15:27 Rushabh : red here
15:27 Anubhav : reds r jus profit bookings now
15:28 Thanika : bye all
15:28 Anubhav : lol more greens
15:28 Anubhav : vah taken
15:29 Shai : Bye all
15:29 Shai : Eid Mubarak and Hearty eid celebrations to all
15:29 Anubhav : bbye same to u
15:29 Shai : Catch up Thursday
15:30 Anubhav : bye all
15:30 Uttam : thanks All 🙂 have a lovely evening & Eid Mubarak to all 🙂
15:30 Anubhav : kal dry day aaj hi stock le lena sab!
15:30 Anubhav : lol
15:30 Himanshu : byee all
1:47 MJ : Shai swing view for zee whenever you can? Thank you.
13:06 Rajendra : uttamji still i am not been able to login mplite
13:06 Uttam : have you registered for MP Lite?
13:07 Rajendra : yes
13:07 Rajendra : but i ahve not received the link
13:07 Uttam : when did you register?
13:08 Uttam : mail comes immediately
13:08 Uttam : chekc once in your spam folder
13:08 Uttam : you will not be able to login till you activate your mail account
13:10 Rajendra : no i have checked span folder also
13:10 Uttam : then register again
13:11 Rajendra : i have tried but saying email should be unique not the same email
13:12 Uttam : then you must have missed the mail in your inbox please check thoroughly
13:12 Uttam : these are all system generated outputs so will be same for all
13:12 Rajendra : no checking span folder also everday
13:12 Uttam : is it your gmail?
13:13 Uttam : inbox itself it will be & you would have overlooked
13:16 Rajendra : no hotmail
13:28 Praveen : Short term view on Tata Steel please. even BOT has iniate a buy @ 500-501
13:59 Shai : tata steel is a buy abv 501 only sl of 485 can tgt 512
14:00 Rushabh : shai view on L&TFH?
14:00 MJ : (11:47) MJ : Shai swing view for zee whenever you can? Thank you.
14:01 Shai : LTFH good value creation but has to now negotiate the supply at 139- 142
14:01 Shai : next leg up abv 142 this month
14:01 Shai : intra day may also be done today
14:01 Rushabh : shai sl now ?
14:03 Shai : zeel 345 and 338 minor supp
14:03 Uttam : Shai Maruti good for longs this month?
14:03 Shai : value going lower every day
14:03 Shai : 135 intra sl ltfh
14:03 MJ : Thank you.
14:05 Rushabh : thanks shai
14:05 Shai : Maruti 6700 is a strong supp
14:05 Shai : longs better abv 7045
14:05 Shai : but max upside for month capped at 7400
14:05 Uttam : cool Shai yes looking that much only
14:06 Uttam : above 7045 SL will be 6920
14:06 Uttam : ?
14:08 Shai : yes 6900
14:09 Shai : some RS seen in Marutu getting abv 7050 may be tough
14:10 Uttam : thanks Shai so better to see a close above 7050 EOD for that move higher?
14:31 Uttam : Shai what is happening in Maruti?
14:32 Uttam : 7050 here
15:23 Uttam : Maruti got buyers here Shai?
A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an OrderFlow chart.
Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.
09:45 Shai : (09:45) Shai : Intra – Buy 31500 call at 180 sl of 122 tgt298/ 330
10:31 Shai : (10:31) Shai : Update- Make an exit in the 31500 call at 156 cmp
11:16 Shai : (11:16) Shai : Intra – Keep an NF short open below 11980 sl of 12005 tgt 11955/ 11925. cmp 11992 short below
11:22 Shai : (11:22) Shai : Intra – Buy NF 12004 sl of 11976 tgt 12050
11:22 Shai : (11:22) Shai : ignore the NF sell below for now
12:15 Shai : (12:15) Shai : Book half the NF trade at 12028 F here
12:18 Shai : (12:18) Shai : Book the NF trade fully 12027 cmp. we will buy the dip
14:02 Shai : (14:01) Shai : Buy BNF 31540 sl of 31440 tgt 31700.B uy near 31540
(14:02) Shai : don;t chase
14:07 Shai : (14:07) Shai : BNF trade in now
14:15 Shai : (14:15) Shai : BNF 31630 book half here and ride some at cost
14:22 Shai : (14:22) Shai : Book out the BNF at 31588
14:47 Shai : (14:46) Shai : Intra- BUy BNF again 31695 sl of 31605 tgt 31850. Trade a smaller size.
15:00 Shai : (14:59) Shai : Make exits in the last BNF longs at 31695 near cost here .
08:58 Shai : GM all
08:58 Anubhav null : gm
08:59 Shai : https://vtrender.in/weekly-charts-27th-may-to-31st-may-and-market-profile-analysis/
08:59 Deepak : GM all
08:59 Govind : guys
08:59 Govind : GM guys
08:59 Sujeet : gm all
08:59 Shai : https://vtrender.in/monthly-may-2019-charts-and-market-profile-analysis/
08:59 Shai : https://vtrender.in/market-profile-analysis-dated-31st-may/
09:00 Seema : GM…ALL
09:01 Hiren : godd morning all
09:01 Chandrashekhar : GM all
09:01 Deepak : GM
09:03 Vtrender Live : option charts – https://join.me/816-460-349
09:04 Arjun : good morning all:)
09:07 Suren : GM ALl
09:07 Suren : All*
09:09 Anubhav null : shwani is back
09:09 Anubhav null : ashwani
09:09 Anubhav null : 🙂
09:13 Sujeet : option charts..cant find the strike price..
09:13 Sujeet : cant see it
09:13 Sandip : GM Shai, All
09:14 Saranjit : Good Morning
09:16 Uttam : Good Morning All 🙂
09:16 Amjad : gm all
09:17 Rajan : good morning al
09:17 Shibu s : gm all
09:18 Uttam : weekly 12k CE & 11900pe are the OF of options charts
09:18 Uttam : visible at top
09:19 Ashutosh : yes can see
09:20 Sujeet : yes cn see now..i ws getting pop up window so cdnt see
09:20 Psandeep : Gm all
09:25 Uttam : test of DD singles coming looks like
09:26 Uttam : boom
09:27 Shai : BNF headed to 31580
09:27 Anubhav null : gr8
09:27 Uttam : DD in a composite has good chance that the DD singles get revisted
09:31 Uttam : a) NF needs to sustain above 11930 for a move to 11948-965 & 11980-988…first part done
09:31 Uttam : a) BNF needs to get above 31385-395 for a move to 31430-487 & 31528
09:31 Madhu : good morning to all
09:33 Uttam : RS in NF at 11965 30k red
09:33 Uttam : could be the morning long of 11930 booking out also
09:35 Ashutosh : what are first 15 min vols?
09:37 Uttam : 14.7L
09:38 Ashutosh : thnx
09:38 Ashutosh : so vols are good ?
09:39 Uttam : better than avg for first 15mins in NF
09:39 Uttam : BNF below avg
09:39 Uttam : just abt avg actually in BNF
09:40 Ashutosh : okk thanks
09:40 Anubhav null : bnf weaker
09:40 Anubhav null : than nf
09:43 Shai : 30 min volumes you can track for previous periods on Go to charts
09:43 Shai : for 15 mins use MPlite
09:43 Shai : BNF stays strong abv 11350
09:43 Shai : 31350*
09:45 Shai : Intra – Buy 31500 call at 180 sl of 122 tgt298/ 330
09:47 Suyog : gm all..
09:47 Suyog : guys, there is some early morning issue with intra charts on mplite, due to some fresh changes I deployed over weekend.. I am trying to fix that.. will let you know when done..
09:50 Jayanth : buy above 180?? or can we buy at CMP
09:50 Shai : was cmp then
09:50 Shai : can buy here
09:51 Jayanth : TY
09:51 Shai : could float around here for some time
09:52 Ashutosh : could we get its oF chart
09:52 Ashutosh : maybe insted of 12kce
09:54 Shai : on screen
09:55 Ashutosh : thanks
09:58 Himanshu : GM all
09:59 Ashutosh : Rbi Event on 5th n 5th is trading holiday
10:00 Ashutosh : wa forward
10:00 Suyog : the issue is fixed now.. intra charts should be working again..
10:00 Uttam : 6th
10:00 Uttam : rbi policy
10:01 Ashutosh : okk my bad
10:01 Uttam : https://vtrender.slack.com/archives/CEEC40ULQ/p1559466531000100
10:01 Ashutosh : 6th thursday :)\
10:02 Ashutosh : thanks uttam
10:05 Uttam : +1
10:06 Sandip : Uttam, this 11930-11860 Microbalance is for hom many fays ? showing in the charts
10:09 Ashutosh : Shai bnf was chosen insted of nf due to COT ?
10:11 Ashutosh : boom boom
10:11 Uttam : 43k green in NF
10:11 Uttam : very close to IB time
10:12 Uttam : sellers exiting looks like
10:14 Madhu : ….
10:16 Anubhav null : c
10:16 Sandip : Uttam, OI increase, new buyers
10:17 Uttam : 32400 green at top
10:17 Thanika : @Uttam: Is this C extension bad for upside?
10:20 Himanshu : RS – in NF – last session – memory is fresh I guess
10:21 Himanshu : HVN-
10:22 Shai : Yes NF working the DD
10:22 Uttam : (09:25) Uttam : test of DD singles coming looks like(09:27) Uttam : DD in a composite has good chance that the DD singles get revisted
10:22 Uttam : Done
10:22 Shai : should getr supply 11980- 12000
10:22 Uttam : DD singles were from 11955 to 11988
10:22 Shai : +1
10:23 Uttam : a) NF needs to sustain above 11930 for a move to 11948-965 & 11980-988
10:23 Uttam : first hypo to the dot
10:23 Sandip : +1 Shai
10:23 Uttam : 0s on 5min OF Shai plus C side ext 11980 was expected to resist
10:30 Uttam : C side ext plus RS in OF gets vwap in NF
10:31 Uttam : 11985-11958
10:31 Shai : Update- Make an exit in the 31500 call at 156 cmp
10:31 Himanshu : chief – Repeat today …Slow grind – Once more
10:32 MJ : Gm all
10:32 MJ : 14325 upside down guy right at dpoc.
10:34 Uttam : green band there which could mean demand absorbing all supply there
10:34 Uttam : right at vwap
10:38 MJ : Yes uttam 975 vs 0 got that green.
10:39 MJ : will it be 975 matched to 300 or 0?
10:39 Gaurav : 0 MJ
10:39 MJ : Thanks G.
10:39 Uttam : not the numbers but the fat that reds there but could not sustain below vwap
10:40 Uttam : fact*
10:40 Uttam : same with next bar which has reds at lows but still closed at hgihs
10:40 Uttam : all be it low vols now so its only locals
10:46 Paras : feel market might go down
10:46 Sandip : Yes Paras
10:46 Paras : let the auction support it
10:46 Sandip : maybe make a new high first
10:47 Uttam : BNF is yet to make that DD singles trip
10:50 Himanshu : you mean – 540-580-626 trip
10:50 Uttam : 31487-31640
10:51 Shai : BNF just lost Steam
10:51 Uttam : needs to sustain above 31395
10:51 Uttam : stll in A period BNF
10:52 Sandip : 12k break of NF should be good here from 11975…
10:52 Himanshu : Except – HdfcB – and now Icici B – ( 1 rs) rest all banks in Spot -VE
10:57 Govind : Yes Himanshu, and also look at BNF volumes…nominal
10:57 MJ : 1.5ib at 12004.5
10:57 Uttam : sustaining above 11990 NF can go for 12030
10:58 Uttam : just short of 2 IB
10:58 Uttam : (10:51) Uttam : needs to sustain above 31395….BNF here now
10:59 Vishal : vix positive
11:00 Himanshu : Today – NF supply zone – Holding BNF also ( as low volume will tail NF till seocnd half )
11:02 Boppanna : +1 Needs a push10:58 Uttam : (10:51) Uttam : needs to sustain above 31395….BNF here now
11:03 Thanika : despite NF going up, CEs are coming down! does this say something?
11:04 Uttam : no premium in NF
11:04 Sandip : yes Uttam
11:04 Ashutosh : C high broken
11:05 Shai : yes call premiums are weird today
11:05 Thanika : big red
11:05 Himanshu : Off 60K supply
11:05 Shai : something amiss
11:05 Boppanna : Shai that 31500ce good above 185 ?
11:06 Shai : needs 216 cross
11:06 Boppanna : ok thx
11:07 Sujeet : so again buy abve 216?
11:08 Rajkumar null : nifty 59k sell vs 1.5 k .. will nifty ll to negative below 11960?
11:10 Uttam : 12030 coming in NF looks like
11:10 Uttam : 11980 sup
11:10 Uttam : supply being absrobed here
11:11 Sandip : both the sellers in NF and Buyers in NF near the top region today are new
11:11 Sandip : just positions building up in the new series
11:11 Uttam : yes Sandip both in supply zone
11:12 Uttam : POC on 30mins NF shifting to top so sellers gaining upper hand looks like though 2 more min for bar to close
11:13 Uttam : 11k gree in BNF at top
11:13 Uttam : of 5min bar
11:13 Uttam : a) BNF needs to get above 31385-395 for a move to 31430-487 & 31528…played that first part of hypo once agan 31395-31430
11:14 Uttam : Shai NF 30mins in room needs a little adjustment
11:15 Uttam : thanks Shai
11:16 Shai : Intra – Keep an NF short open below 11980 sl of 12005 tgt 11955/ 11925. cmp 11992 short below
11:17 Deepak : Shai – did u read any news on sudden crash yesterday ? I am told that some big algo trades of someone got hit by mistake ?
11:18 Shai : will short this only if 11980 breaks
11:19 Shai : other wise can move higher in upper DD
11:19 Uttam : RS being taken out in NF
11:20 Paras : there is initiative buying at 11997
11:20 Sujeet : do we have MP charts access?
11:20 Uttam : (11:10) Uttam : 12030 coming in NF looks like(11:10) Uttam : 11980 sup(11:10) Uttam : supply being absrobed here
11:21 Sandip : annd 12k hit ..im out
11:21 MJ : Cheers Sandip 🙂
11:21 Sandip : 😉 (10:52) Sandip : 12k break of NF should be good here from 11975…
11:21 Uttam : @Sujeet mplite.vtrender.com
11:21 Uttam : shorts being forced out
11:22 Uttam : green band at 1.5 IB in NF
11:22 Shai : Intra – Buy NF 12004 sl of 11976 tgt 12050
11:22 Uttam : BNF completes second part of 31487
11:22 Shai : ignore the NF sell below for now
11:22 Uttam : (10:50) Uttam : 31487-31640(10:51) Uttam : needs to sustain above 31395
11:23 Shai : +1
11:23 Uttam : c) Above 11988, NF can probe higher to 12013-20 & 12040-45…NF high so far 12014
11:23 Shai : was waiting for the move at open but somehow momentum slackened
11:23 Boppanna : Nice One 487 done 11:02 Boppanna : +1 Needs a push10:58 Uttam : (10:51) Uttam : needs to sustain above 31395….BNF here now
11:23 Uttam : yes Shai
11:24 Uttam : +1 Bops
11:24 Uttam : almost 60k reds in BNF
11:29 Shai : NF shown a hint to move into the upper distribution and hence the long
11:29 Shai : scene of crime visit mode also
11:29 Paras : shai ji 1.5 IB what is the significane
11:30 Shai : just a barometer
11:30 Shai : useful in rotations
11:30 Shai : BNF took off without me
11:30 Shai : 🙁
11:30 Paras : so its a buy trend if 1.5 ib is breached
11:30 MJ : 29k covers red.
11:30 MJ : in bnf.
11:31 Shai : same rules as IB extensions @Paras
11:33 Paras : ok
11:40 Boppanna : BNF Just did that dip below 350 to get the weak longs off in C looks like 11:30 Shai : BNF took off without me
11:48 Himanshu : Chief – In NF 30 Mts chart qunats – Day cot row shows -212275 now
11:49 Himanshu : What this implies ? – Uttam incase you can also help in understanding this table
11:53 Uttam : (10:34) Uttam : green band there which could mean demand absorbing all supply there(10:34) Uttam : right at vwap(10:39) Uttam : not the numbers but the fat that reds there but could not sustain below vwap(10:57) Uttam : sustaining above 11990 NF can go for 12030
11:53 Uttam : 12024 high so far in NF
11:54 Uttam : BNF completes the hypo1 tgts fully
11:56 Uttam : (11:48) Himanshu : Chief – In NF 30 Mts chart qunats – Day cot row shows -212275 now…more shorts in today’ market so far, every rise has been getting reds and part could be profit booking but some also seem to be getting stuck
11:56 Shai : yes was playing for 31580 early at open :(- (11:40) Boppanna : BNF Just did that dip below 350 to get the weak longs off in C looks like 11:30 Shai : BNF took off without me
11:56 Shai : bad miss
11:56 Uttam : in fact BNF gave a RB at 31350 Shai on 30mins
11:57 Shai : (09:27) Shai : BNF headed to 31580
11:57 Uttam : +100
11:57 Shai : looked good at open volumes just that hesistation in B
11:57 Shai : NF has been one time frame up
11:59 MJ : Shai decent supply in last 30 min poc?
11:59 MJ : for NF?
11:59 Ashutosh : Shai why choose bnf insted of nf ?
12:00 Sandip : Nf should test vwap once … from 12015
12:00 Uttam : NF tagging both HVNs of Friday 11910 & 12025
12:01 Uttam : looks like will form a balance now in the DD zone before giving a move away in the afternoon
12:01 Boppanna : Shai view on SPX when you have time
12:02 Sujeet : looks like trend day till now
12:03 Shai : BNF had a better COT at yesterday’s value- (11:59) Ashutosh : Shai why choose bnf insted of nf ?
12:03 Ashutosh : thanks
12:04 Sujeet : COT? Please
12:04 Ashutosh : commitment of traders
12:04 Uttam : total buying minus total selling
12:04 Sujeet : ok thanks
12:04 Uttam : we have it on 5min / 30min & entire day
12:05 Shai : 8 mins to cross 12024
12:05 MJ : (09:06) Shai : on the charts today at the top of the bar we have added the volumes in yellow, then the COT in blue and the delta of the bar in white(09:07) Shai : COT is net of all the buying minus selling of the bar (09:07) Shai : COT will update real time and give a value based on sellers adding or buyers adding
12:06 MJ : Sharing earlier post by Shai @sujeet
12:06 Rushabh : so more selling today?(12:04) Uttam : total buying minus total selling
12:06 Uttam : in NF
12:06 Shai : COT is dynamic of the series and is not an intra day indicator
12:07 MJ : +1
12:07 Himanshu : ok That when we refer in 30 Mts Table –
12:07 Anubhav null : here goes
12:07 Shai : The biggest change of COT was at 11666 F just before exit poilss
12:07 Shai : just flip back charts and check the COT
12:07 Shai : will show you how big money positions
12:08 Shai : 11166F**
12:08 Himanshu : ok SO how does it helps for INtraday – on 30 mts – table
12:09 Rushabh : so shai the blue numbers on 30min above the bar are for each bar?
12:09 Himanshu : ys Rushabh
12:10 Himanshu : chief and DAY COT – says – total of all 30 mts bar for the day ?
12:11 Rushabh : (12:07) Shai : The biggest change of COT was at 11666 F just before exit poilss , shai this was observed on Day COT or the 30 mins one?
12:11 Himanshu : ok is cumumative foe the day – (
12:12 Anubhav null : rs in bnf again
12:14 Uttam : Shai’s 31580 here
12:14 Uttam : 31578 high BNF so far
12:14 Boppanna : right there 12:05 Shai : 8 mins to cross 12024
12:14 Uttam : 12027.8
12:14 Govind : Reliance is making a big move
12:14 Uttam : HVN to HVN interconnection complete 😉
12:15 Shai : Book half the NF trade at 12028 F here
12:15 Shai : crossed in 8 mins – (12:05) Shai : 8 mins to cross 12024
12:15 MJ : Nice trade chief.
12:16 Uttam : more coming
12:16 Uttam : 57k green at top in NG
12:16 Uttam : NF
12:16 Thanika : +100 (12:15) Shai : crossed in 8 mins – (12:05) Shai : 8 mins to cross 12024
12:16 Uttam : shorts ki pungi
12:16 MJ : @paras saw that 1.5 ib ref? we did low of 12003 on 1145 1215 bar 🙂
12:16 Uttam : seedha 2IB NF
12:17 Uttam : to the dot
12:17 Uttam : 12034
12:17 MJ : this one looks like that 56k reds.
12:17 Uttam : above 11990 next zone was 12030 clean as low vols
12:17 MJ : +1 uttam.
12:18 Uttam : 23k red in BNF with 0s at top
12:18 Sandip : Shai, only Day COT is for the current day?
12:18 Shai : Book the NF trade fully 12027 cmp. we will buy the dip
12:19 Shai : On COT, as mentioned it is not an intra day tool and may not be useful to a short scalper but is extremely useful to monitor strength of a trend
12:20 Rushabh : shai any video references or blog youve made on it?
12:20 Shai : COT by definition is the difference between buy side and sell side trades of the entire market and includes both intra day and positional traders
12:20 Shai : a market going up on negative cot would be sold
12:20 Shai : a market going down on positive cot would be bought
12:21 Amjad : presently day cot is negative
12:21 Shai : scene of crime visited
12:22 Shai : longs have to be cautious
12:22 Sandip : Thank you Shai
12:22 Rushabh : Thanks shai
12:22 Amjad : ok
12:26 Shai : if you read Dalton and know his 2 questions – what is the market trying to do and Q2 – Is it doing a good job?
12:27 Shai : well COT is the best quantifiable number to tell you if the market is doing a good job or not
12:27 Ashutosh : +100
12:27 Ashutosh : thanks shai
12:27 Shai : There are other abstracts like value areas etc but COT is the best “number” to tell us how good a job the market is doing
12:28 Himanshu : Thanks chief
12:28 Amjad : thank you shai
12:31 Suren : @shai Does COT takes into LMT orders as well or only Market orders?
12:32 Shai : everything
12:32 Shai : that is why we replaced it from delta which we no longer use
12:32 Shai : delta was only market
12:33 Sandip : a move till 11990 wud be nice for hitting stoplosses and adjusting NF premium
12:33 Suren : Thanks Shai. I also thought the same
12:33 Shai : 11994 support for this RS at 12034
12:38 Boppanna : Shai BNF support 430?
12:47 Uttam : 31400 IB in BNF Bops & yes one stuck seller at 31430
12:48 Boppanna : Thanks Uttam
13:02 Thanika : How is COT calcuated in real time. If MKT order is the one moves the market, LMT order is the one which fullfills that MKT order. So is COT just the reverse of Delta?
13:04 Uttam : delta is part of COT & COT gives you the bigger & clearer picture
13:07 Sandip : got out at averaged cost
13:08 Sandip : now bought
13:09 Uttam : 12k pe being written looks like
13:10 Uttam : Shai 12k combo at 130 could be a good combo for RBI day or expecting it to be a non event?
13:15 Sandip : options and spot held throught this dip till 12004….this could now go upto 12040-12060…..from 12015
13:16 MJ : afternoon dip?
13:16 MJ : coming?
13:17 Uttam : srtuck reds in both
13:17 Uttam : 35k in NF &11k in BNF
13:17 MJ : yes 11997 also tagged.
13:17 MJ : Ext handle.
13:17 MJ : Just one singles though.
13:18 Rushabh : shais 11994 held
13:18 MJ : +1
13:20 Shai : holding 11994- (12:33) Shai : 11994 support for this RS at 12034
13:20 Jitender : Shai…spx review, if poss
13:20 Shai : 31578 and dropped- (09:27) Shai : BNF headed to 31580
13:21 Sandip : Shai, NF looking stronger than BNF?
13:21 Sandip : considering its above vwap atm
13:22 Shai : has to move abv 12019
13:22 Shai : yes stronger than NF though
13:23 Shai : spx will review , have to reload those charts – (13:20) Jitender : Shai…spx review, if poss
13:23 Jitender : k
13:27 Thanika : unusually lot of zeros appearing in upmove and downmoves!
13:27 Sandip : bothe the dips in NF were profit booking..in the last 1 hr
13:28 Sandip : possible coiling here tfor some time now..lets see
13:37 Shai : BNF weakneed
13:37 Shai : weakened*
13:48 Uttam : some stuck reds in BNF at 31390
13:49 MJ : +1 (13:22) Shai : has to move abv 12019
13:50 Uttam : 35k red stuck in NF too at 11994
13:51 Sandip : out 50% at 12035..another 30 pts in after average
13:51 MJ : another 63 reds.
13:51 MJ : nice one again sandip.
13:52 Sandip : All out ..will wait and watch now..(13:15) Sandip : options and spot held throught this dip till 12004….this could now go upto 12040-12060…..from 12015
13:52 Sandip : Thx Mj
13:55 Shai : SPX futures cmp 2735 closing in on a big bounce from 2706 levels which should drive it back up to 2850.
13:55 Uttam : NF making new highs but BNF not yet
13:55 Shai : view is wrong oif 2700 breaks this month
13:56 Uttam : so looks like all markets gonna go up this week onwards Shai 😉
13:56 Jitender : lower lvls to watch in spx Shai…below 2700 ?
13:57 Uttam : 12039.6 high so far
13:59 Shai : would signal a sever brekdown if that goes
13:59 Shai : 2650 minor supp
13:59 Shai : could also test dec lows eventually if that happens
13:59 Uttam : NF boom
14:00 Uttam : 1L red
14:00 Uttam : 2.4L
14:00 Sandip : sold at 12055
14:00 Rajendra : NF ATH
14:00 Sandip : 50% only
14:00 Shai : swipe up
14:00 Uttam : e) If 12045 is taken out, higher levels of 12073 & 12096 open up
14:00 Uttam : 12071 so far
14:01 Sandip : + 1 uttam
14:01 Uttam : 12094 is 3ib
14:01 Shai : Buy BNF 31540 sl of 31440 tgt 31700.B uy near 31540
14:02 Shai : don;t chase
14:03 Shai : NF can spike to 12117
14:03 Uttam : (13:48) Uttam : some stuck reds in BNF at 31390(13:50) Uttam : 35k red stuck in NF too at 11994 these stuck reds gave this move
14:04 Sandip : @Shai, what would be the normal spot/ futures difference values this early in a series?
14:04 Jitender : Uttam…Anuj claiming credit 🙂
14:04 Sujeet : cdnt buy…@31540..
14:05 Uttam : finally today Jit 😉
14:05 Uttam : was waitin for new all time highs looks like
14:05 Jitender : 🙂
14:06 Uttam : inside bar on weekly timeframe with a close around the promiment POC of 11920 for this week from where it could give a move away in the coming week…this was in weekly report
14:06 Uttam : look at low in spot today
14:06 Uttam : 11920 & 130 points from there
14:07 Sandip : taht .5 lac order looks like part New seller part old profit booker…
14:07 Sandip : 2.5* lac
14:07 Shai : BNF trade in now
14:08 Sujeet : entered
14:09 Jitender : tx (13:59) Shai : 2650 minor supp(13:59) Shai : could also test dec lows eventually if that happens
14:10 Sandip : Uttam
14:10 Uttam : yes Sandip
14:10 Sandeep : BNF is a posn call ?
14:11 Sandip : How to read that last 30 min bar in NF….considering COT went negative in upmove…and 2 red bands..what would the red bands signify?
14:11 Uttam : no Sandeep
14:11 Sandip : ?
14:11 Shai : sl hunt till 12071
14:11 Uttam : lots of 0s here Sandip
14:12 Shai : see the 0’s below at 12045 are new suupp
14:12 Uttam : +1 Shai
14:12 Uttam : shorts which are stuck continue to fuel this upmove
14:12 Sandip : lots of Sandeeps in this conversation also 🙂
14:12 Shai : supp is there till 12036
14:12 Sandip : Got it Shai and Uttam, thank you
14:12 Uttam : that no was for the other Sandepp who asked if BNF was pos call
14:12 Sandip : xD
14:12 Shai : above 12071 is a quick sharp move of 50 points to 12117/ 12128
14:13 MJ : 2.5L executed via algo.
14:13 Shai : BNF am eyeing the singles to the upper distribution now
14:13 Sandip : yes Shai, options are also piling on upwards
14:13 Sandip : out of shrts
14:13 Uttam : Shai 12k combo good for this week’s expiry?
14:13 Uttam : still ardn 130
14:14 Shai : 31640 within reach and a few more
14:14 MJ : vwupb constantly on the upmove since c period.
14:15 MJ : 1L out of that 2.5L?
14:15 Uttam : more will come
14:15 MJ : Or a fresh fella?
14:15 Shai : BNF 31630 book half here and ride some at cost
14:16 Shai : aay gaya 🙂 – (14:14) Shai : 31640 within reach and a few more
14:16 MJ : 🙂
14:16 Uttam : +100 Shai
14:16 Shai : structure was clean for a 100 upmove
14:17 Shai : fun is if it pushes abv 31640 on greens
14:17 Sandip : Perfect read ..saved my ass 🙂 +100 Shai..(14:12) Shai : above 12071 is a quick sharp move of 50 points to 12117/ 12128
14:17 Amjad : nice one shai
14:17 Shai : Cheers Sandip
14:17 Shai : #Orderflow reads are never wrong
14:17 Shai : 🙂
14:17 MJ : +1
14:18 MJ : Rode 31500 ce chief 🙂
14:18 Shai : one more seller entered in NF
14:18 MJ : 106800 levels?
14:18 Gaurav : there’s 1L green as well
14:18 Gaurav : just above it
14:18 Shai : yes just abv
14:18 MJ : yes Gaurav. Some masking is up me thinks.
14:19 MJ : Earlier we saw 30k reds entering bnf, he booked out quick too.
14:19 Shai : BNF ready to cross now
14:20 Sandip : Shai,, so if you have 2 sets of ‘0’s, in one direction, then the lower one becomes support for the upper one? (in orderflow)
14:20 Gaurav : another ST High in progress before RBI?
14:20 Shubro : this is rate cut pricing in
14:20 Shai : yes Sandip
14:21 Sandip : Thank you..I willcertainly keep this in mind
14:21 Shai : +1
14:22 Shai : Book out the BNF at 31588
14:23 Shai : It’s an important concept in #Orderflow those zones where the markets produce itra day LVN’s or low volume nodes
14:23 Shai : we track it through 0’s
14:23 Shai : opp of HVN ‘s these LVN’s
14:23 Uttam : that 2.5L is not the support
14:24 Shai : but all market profile traders know the importance of these 0’s
14:24 Uttam : this will not stop moving higher till those shorts are taken out looks like
14:24 Sandip : Uttam the options in nf are still one sided up
14:24 Shai : I pay thousands more every month to Esignal as they are only the genuine data guys who show all these
14:24 Uttam : +100 Shai
14:24 Sandip : +100 Shai
14:24 Uttam : yes Sandip 1k pe OI rising away to glory
14:24 Uttam : 12k pe*
14:26 Uttam : 3IB misses by 1.5 points in NF 😉
14:26 MJ : fixed 🙂
14:26 Uttam : done to the dot
14:27 MJ : Yes even 2ib high was to the T.
14:27 Uttam : (14:01) Uttam : 12094 is 3ib
14:29 Uttam : 12115 & 12139-143 levels in NF above the last hypo tgt of 12096
14:30 Uttam : (14:24) Uttam : this will not stop moving higher till those shorts are taken out looks like
14:32 Anubhav : rs innf
14:33 Himanshu : Today- Uttam is on steering Wheel
14:33 Uttam : _/\_
14:34 Uttam : BNF needs to get above 31661 for a fresh leg up
14:34 Himanshu : Uttam is crushing Shorters –
14:35 Uttam : NF new highs but BNF still below that ext handle of Friday
14:35 Govind : Hypo E in BNF would be nice Uttam 🙂
14:35 Thanika : RS at 12105?
14:35 Anubhav : high looks done?
14:36 Uttam : yes BNF needs to catch up with NF
14:36 MJ : Uttam do you have july month futures data?
14:36 Uttam : but once it gets into beast mode, it can do it
14:36 MJ : Check vols there.
14:37 Uttam : in NF or BNF?
14:38 MJ : nf.
14:38 Uttam : NF nothing much na?
14:39 Govind : 31668 here
14:39 Uttam : not even 3L vols in jul NF
14:39 Uttam : for entire day
14:40 Govind : Beat mode on now? BNF?
14:40 Uttam : (14:36) Uttam : but once it gets into beast mode, it can do it
14:40 Govind : Beast*
14:40 MJ : Thanks uttam.
14:41 Govind : 31685 is weekly HVN
14:41 Uttam : 31720 small hurdle else BNF can tag new hgihs today
14:41 Govind : gone past
14:41 Uttam : 31894 3ib
14:41 Shai : yes is doing 744 BNF
14:41 Uttam : that 31500ce above 216 is rocking Shai
14:41 MJ : 298 done waiting for 330 🙂 (09:45) Shai : Intra – Buy 31500 call at 180 sl of 122 tgt298/ 330
14:41 Shai : sl below 620
14:41 Uttam : 298 here
14:41 Uttam : in that 31500ce
14:42 Uttam : boom boom
14:42 Govind : Can we carry Shai, or ID?
14:42 Shai : ID
14:42 Govind : nice!!
14:42 Shai : cover everying at 3.25
14:42 Govind : Ok Shai
14:42 Sujeet : but 31500 ws valid or did anyone trade abve 216?
14:42 Rushabh : shai COT strong?
14:43 Sumit : COT nagative in last 30 mints bar
14:44 Uttam : @Sujeet that CE was a nice buy above 216 with SL at 150
14:45 Uttam : high 316 so far
14:45 Uttam : (14:41) Uttam : 31720 small hurdle else BNF can tag new hgihs today…31718.75 high so far
14:46 Uttam : but should give way
14:46 Shai : Intra- BUy BNF again 31695 sl of 31605 tgt 31850. Trade a smaller size.
14:48 Rushabh : shai could you reply on tab 2?
14:49 Govind : That was a quick fall
14:50 Sujeet : prft bookng..might try to pass 31720
14:54 Uttam : trifecta in NF
14:56 Uttam : finally OI of 31500ce coming down
14:57 Govind : waiting for 3:05 move
14:59 Shai : Make exits in the last BNF longs at 31695 near cost here .
15:00 Govind : Struggling to get past those zeroes Shai?
15:00 Shai : yes
15:00 Shai : was hoping for ine last move in the upper DD
15:01 Shai : still good abv 31640 mind you
15:01 Shai : but time running out and day longs may book
15:01 Govind : Ok Thanks. WIll keep that in mind
15:01 Himanshu : Chief – Any thing to carry
15:01 Sandip : Nf seems to have held on still….but not good in last 30 mins
15:01 Sandip : perfect Shai
15:02 Shai : think we shoukld do 12015 F again tom
15:02 Shai : will respond tom
15:03 Sandip : Shai
15:08 Natarajan : 12115?
15:10 Shai : 12015 vwap
15:10 Shai : shoukd get buyers tom there is it comes
15:10 Uttam : and a chance for all those stuck shorts to exit Shai?
15:11 Govind : AG is back Uttam
15:12 Uttam : cool full time back as before?
15:12 Govind : It appears so
15:12 Govind : He looks much better
15:13 Uttam : good for him 🙂
15:16 Sandip : Could have made 25 more pts in Nf..but the last 30 min risk is just not worth it, if the day has already rewarded you before!! (15:01) Sandip : Nf seems to have held on still….but not good in last 30 mins
15:20 Jitender : 171 points fr NS as FM
15:21 Shai : almost there – (14:03) Shai : NF can spike to 12117
15:21 Shai : need one trip down to 12015 F tom to be sure of this move up
15:22 Shai : if no gap up we should get it
15:22 Uttam : but good chance for a gap up Shai?
15:23 Shai : no
15:23 Shai : but expecting ES to recover
15:23 Uttam : lots of hsorts in there today to puke if we gap up
15:23 Jitender : from 25th all selln to kill retailers & now new highs
15:23 Uttam : -11 L COT in NF
15:23 Shai : yes
15:24 Shai : it was 11L plus rollovers
15:24 Shai : will post chart on slack later
15:24 Uttam : rode that 12k combo from 127 to 147
15:24 Uttam : great Shai
15:25 MJ : Shai rolls today?
15:25 Shai : from rollover day
15:25 MJ : Ah okay.
15:25 Uttam : had placed order to buy that 12k ce at 87 & though low on charts showing 87.05, order got filled
15:25 Shai : COT was plus
15:27 Uttam : (14:45) Uttam : (14:41) Uttam : 31720 small hurdle else BNF can tag new hgihs today…31718.75 high so far
15:27 Shai : +1
15:27 Uttam : (14:29) Uttam : 12115 & 12139-143 levels in NF above the last hypo tgt of 12096
15:27 Shai : just fizzled there
15:27 Uttam : NF high 12118
15:27 Himanshu : chief any thing to carry
15:27 Uttam : @Himanshu better to enter after open
15:27 Shai : aggressive short in NF for 12015 cmp 12110 sl 12155
15:28 Uttam : will be much better to manage
15:28 Uttam : today’s profile in NF needs repair Shai?
15:28 Uttam : BNF is still in that composite
15:28 Uttam : waiting for RBI to give that move away
15:28 Shai : if we gap up abv 12155 F tom there would be a huge drive up else am expecting lower levels
15:28 Uttam : which means NF needs to retrace
15:29 MJ : Bye chief and everyone.
15:29 Shai : Bye all
15:29 Uttam : close at hgihs NF
15:29 Shai : Have a nice evening
15:29 Sujeet : bye all..was nice 1st day with MP
15:29 Uttam : thanks All 🙂 and have a lovely evening
15:29 Thanika : thanks all, bye
15:30 Amit : bye all
15:30 Shai : You are very late to the party @Sujeet. The party has been running for a long time here 🙂
15:30 Shai : do catch up 🙂
15:31 Sandip : bye all
15:31 Uttam : cheers Sujeet
15:31 Uttam : 🙂
15:31 Jayanth : bye 🙂
15:31 Deepak : BYE ALL
15:32 Himanshu : Bye chief – Bye Jit – Uttam and Other mats – Govind – Hope you had a good day