Month: July 2019

Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.

Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.

NF


BNF


Room Chat

09:22 Shai : Intra – short BNF 28750 sl of 28875 tgt 28625

09:30 Shai : (09:30) Shai : BNF 28660- Those in can book half here and ride at cost the rest

09:34 Shai : (09:34) Shai : BNF TSL taken in balance.Flat now

09:41 Shai : Intra – short BNF 28830-835 sl of 28930 tgt 28625

09:49 Shai : (09:49) Shai : BNF exit the shorts

10:37 Shai : (10:37) Shai : Intra – short BNF again 28735- 40 sl of 28865 tgt 28600.. Trade smaller 50%25 size as mkt volatile

10:52 Shai : BNF at 28705 . Book the short here

11:22 Shai : (11:21) Shai : Intra – short BNF 28810 again sl of 29940 tgt 28640

11:29 Shai : (11:29) Shai : Exit the BNF at 28835 cmp

13:31 Shai : Intra – Buy BNF 28860 sl of 28770 tgt 29010

13:45 Shai : (13:44) Shai : BNF stopped. Make exits

14:41 Shai : (14:41) Shai : Buy 29000 pe at 172 sl of 140 tgt 240
(14:41) Shai : Intra

14:49 Shai : (14:48) Shai : 29000 pe at 188. Raise sl to cost 172 on this trade – Risk free

14:50 Shai : (14:50) Shai : 29000 pe at 239 near tgt . Book half

14:55 Shai : (14:55) Shai : Book the balance PE 200


08:59 Vtrender Live : 30 min charts – https://join.me/806-212-698
09:00 Vtrender Live : option charts – https://global.gotomeeting.com/join/401751357
09:00 Himanshu : GM all
09:01 Sai : good morning
09:01 Chandrashekhar : GM all
09:04 Shai : GM all
09:04 Uttam : Good Morning All πŸ™‚
09:04 Shai : https://vtrender.in/market-profile-analysis-dated-30th-july/
09:05 Amjad : gm all
09:06 Shai : 11080- 11136- 11176 spike zone ref for next few days
09:06 Himanshu : Chief in 30mt NF – Last raw of COT is not seen incase you may adjust ,,
09:07 Uttam : Shai any chance you could view the USDINR chart Aug F? Gap up today & seems to be holding so can chold longs in it?
09:07 Himanshu : Chief heard on TV – FIIS covered their shorts .. can we see iat
09:08 Shai : 29180- 28905-28801 spike ref zones in BNF
09:08 Uttam : @Himanshu they may have covered in Fut but options they are still very much bearish
09:08 Uttam : see the addition of PE longs & CE shorts in Suyogs report
09:08 Himanshu : yes that’s hedge mainly
09:08 Himanshu : thats incase we slip further,,
09:08 Rushabh : https://twitter.com/vish107/status/1156386499685842946?s=20
09:09 Uttam : we are already in slipping mode πŸ˜‰
09:09 Himanshu : yes
09:09 Himanshu : DO you see BNF slipping further for 01 Aug weekly
09:09 Himanshu : or we may pass 2 days balancing in yday profile
09:14 Thanika : GM all
09:16 NP : #QuickTrade ….. fastest finger first …… 28500CE 250-282 …. all out
09:16 Govind : BNF spot below 28650
09:16 Shai : 11025 lower supp in NF for day
09:16 Govind : Naren, awesome
09:17 NP : Thanks Govind
09:17 TP : GM All.
09:19 Govind : 28800 CE OI spiked
09:19 Govind : and crossed over
09:20 Govind : 28700 about to kiss
09:20 Uttam : 28700 sup in BNG
09:20 Uttam : BNF
09:21 Uttam : weak only below it
09:21 Uttam : 11055 in NF
09:21 Shai : Intra – short BNF 28750 sl of 28875 tgt 28625
09:22 Govind : +1
09:22 Govind : Vix over 14
09:23 Sai : shud we wait for the rise or can we short now@shai?
09:24 Shai : slipped away quicky can short half here
09:24 Sai : ok
09:25 Shai : auction below the spike
09:30 Rushabh : bots axis bank trade! super
09:30 Shai : BNF 28660- Those in can book half here and ride at cost the rest
09:31 Shubro : +! Shai
09:31 Sai : awesome….
09:31 Boppanna : +1 Shai
09:32 Boppanna : Uttam’s Hypo d) Below 28712, lower levels of 28660-650 & 28595-570 could come into play
09:32 Boppanna : Low 655 so far
09:33 Shai : quick market and it won’t wait for you
09:34 Shai : if you hesistate it is gone
09:34 Shai : stay sharp
09:34 Shai : BNF TSL taken in balance.Flat now
09:35 Boppanna : +1 Shai and BNF even a few seconds of entry late the price flies no point entering late trade
09:35 Uttam : RB in both
09:36 Shai : 200 up almost in BNF
09:36 Rushabh : bot is long icici also
09:38 Uttam : closing the gap & testing PDL
09:38 Uttam : staying above 11080 & 28801 and gettong above 11095 & 28850 needed for more upside
09:39 NP : +1
09:40 Sai : is this a trend up market….like the dip was only to book the shorts
09:40 Boppanna : One touch to 855 due in BNF
09:41 Uttam : yes that hvn calling
09:41 Shai : Intra – short BNF 28830-835 sl of 28930 tgt 28625
09:42 Shubro : haha Shai already in
09:42 Uttam : Shai 30min chart need adjustment
09:42 Shubro : _!
09:42 Shubro : chalo chalo neeche
09:42 Uttam : thanks Shai
09:43 Uttam : 28850 here
09:44 NP : #ContraTrade …… 10900CE 140-165 ….. all out …… 5DT Done ….. Done for the day.
09:44 Uttam : (09:38) Uttam : staying above 11080 & 28801 and gettong above 11095 & 28850 needed for more upside
09:44 Uttam : 28900 done
09:44 Shubro : Naren da boss
09:45 Govind : congrats Naren
09:45 Uttam : above it sustaining can give 29020
09:45 NP : Naren da GOOD STUDENT Shubro
09:45 NP : Thanks guys
09:48 Shai : back in the MB
09:48 Shai : craxy and volatile
09:48 Shai : would be tested today
09:48 Sai : can we add one more here @shai?
09:49 Shai : no
09:49 Shai : trade small today
09:49 NP : it’s going to be a chop chop day
09:49 Shai : swings can come anytime
09:49 Shai : BNF exit the shorts
09:50 NP : turning on CAPITAL PROTECTION mode is the safest position for such days …. IMO
09:51 NP : option biggies balance their positions mostly on wednesday (weekly expiry positions)
09:52 Govind : 28800 CE from 126 to 166
09:52 NP : Congrats Govind
09:52 Govind : Thanks bro
10:02 Boppanna : Cut Back thru the MB BNF
10:02 Shai : yes
10:05 NP : Nifty Spot if breaks day low can slide till 10950 quickly …… choppy day ahead …… need to be cautious
10:13 Boppanna : Uttam was it a 3IB day in NF yesterday?
10:14 Uttam : yes Bops to the dot
10:14 Boppanna : Both Spot and FUt?
10:16 Uttam : no not in spot
10:16 Boppanna : ok Thx Uttam
10:25 NP : struggling to hold vwap
10:34 Shubro : chee chee will the markets respect any boundaries now i wonder
10:35 Shubro : Govind sorry was looking at other things…good trade bro
10:36 Shubro : Naren another trip beyond the south pole or halt here ?
10:36 NP : (10:05) NP : Nifty Spot if breaks day low can slide till 10950 quickly …… choppy day ahead …… need to be cautious
10:37 Shubro : hmm
10:37 Shai : Intra – short BNF again 28735- 40 sl of 28865 tgt 28600.. Trade smaller 50% size as mkt volatile
10:37 Shubro : aiyoo Shai again
10:37 Uttam : morning buyers being taken out here in bth
10:37 NP : +1
10:37 Shai : tough luck on the morning short
10:38 Shai : went over SL by 4 points and came down again
10:38 Shubro : yeah yeah recovered from that wiith this fall to vwap
10:38 Shubro : no worries ‘ol chap
10:38 Shai : trade 50% here
10:38 Shai : plan to add if we get 28820 again
10:39 Shai : +1- (10:38) Shubro : yeah yeah recovered from that wiith this fall to vwap
10:39 Shai : :)- (10:38) Shubro : no worries ‘ol chap
10:47 Himanshu : Side Talk on Random-
10:49 Himanshu : NEW LOW ON nIFTY SPOT
10:49 Shubro : today is drift down day
10:50 Govind : 28700 CE OI shot up and kissing now
10:50 Shubro : Kiss harder and move to next level
10:51 Himanshu : 10999.7 low on NF spot
10:51 Govind : but PE OI needs to drop
10:51 Shubro : PE not dropping pants
10:51 Govind : πŸ™‚
10:51 Govind : Mr Vix is relentless
10:51 Govind : @14.5
10:51 Shai : BNF at 28705 . Book the short here
10:52 Shubro : Boooooked
10:52 Shubro : thank you Shai
10:52 Shai : will try to get a full size in near 800- 820
10:53 Govind : Max pain at 29k, has not moved snince yesterday’s fall
10:54 Himanshu : But OI dropped – on 29000PE
10:54 Rushabh : shai it has been weeks since we have seen big LLT buyers, any reason?
10:58 Boppanna : Anybody for 3IB play in BNF ?
10:58 NP : we may see a sustainable bounce
10:58 Himanshu : if left to Locals they will platy contra huge premium eainh chance
11:02 Boppanna : Needs to sustain 800 else back to 700 10:58 Boppanna : Anybody for 3IB play in BNF ?
11:02 Shai : fast markets mean more ditribution, they would stagger their entries – (10:54) Rushabh : shai it has been weeks since we have seen big LLT buyers, any reason?
11:02 Shai : 28820
11:02 Himanshu : Spot has been saved to break from 11000
11:02 Shai : wtf mode this BNF
11:03 Shubro : 28700 CE 126 to 148
11:03 Shai : 28700 ce pe getting massacred in parts
11:03 Shubro : dinga a ling trade
11:03 Boppanna : Nice.. 28600, 170-200 11:03 Shubro : 28700 CE 126 to 148
11:03 Govind : Uttam, what is the 1 ATR range in BNF ?
11:03 Rushabh : this applies on the upside as well shai? (11:02) Shai : fast markets mean more ditribution, they would stagger their entries – (10:54) Rushabh : shai it has been weeks since we have seen big LLT buyers, any reason?
11:04 Shubro : thanks Bops!
11:04 Uttam : 398 Govind
11:04 Govind : cool, thanks
11:05 Shubro : juicy place to short but carefuling here
11:07 Himanshu : Thanika – Cash NF & BNF
11:07 Himanshu : any view here
11:09 NP : decided to stay on sidelines but RR was too tempting to be missed …… 10900CE 122-145 ….. booked fully ….. 8DT done ….. now coffee time
11:09 Shubro : Nareeeen!
11:09 Shubro : BNF gone wild
11:10 Boppanna : 11:02 Boppanna : Needs to sustain 800 else back to 700 10:58 Boppanna : Anybody for 3IB play in BNF ?
11:10 Thanika : in meeting.. will be back.. sorry! (11:07) Himanshu : Thanika – Cash NF & BNF
11:10 Govind : You guys rock!!
11:11 Shubro : those zeros good sign Shai for longs?
11:12 Boppanna : Out 11:10 Boppanna : 11:02 Boppanna : Needs to sustain 800 else back to 700 10:58 Boppanna : Anybody for 3IB play in BNF ?
11:16 Himanshu : High vol in 5 mt – NF
11:16 Himanshu : both side
11:16 Himanshu : Govt Longs are on
11:16 Himanshu : ignoring other side..
11:19 Shubro : sort of structured buying setting in?
11:20 Himanshu : Govind Max pain now 28800
11:21 Shai : Intra – short BNF 28810 again sl of 29940 tgt 28640
11:21 Govind : Yeah Himanshu, and I feel that 28700 is also the key strike to watch on the downside
11:22 Shubro : wah Shai
11:22 Shubro : ncie
11:22 Shai : part of the plan was this – (10:52) Shai : will try to get a full size in near 800- 820
11:22 Shubro : ya Shai was waiting for that call
11:23 Shubro : was 1 second earlier
11:23 Shubro : hehe
11:23 Shai : πŸ™‚
11:25 Prudhvi : shai plz adjust options chart.
11:28 Shai : done – (11:25) Prudhvi : shai plz adjust options chart.
11:28 Shai : the excess volatility is killing the option display
11:29 Boppanna : NF a probable FA ?
11:29 Rushabh : shai this hvn of 11033 is looking to give a small rise?
11:29 Shai : Exit the BNF at 28835 cmp
11:32 Uttam : 11075-73 & 28795 sup in both now
11:35 Bhavani : Seems that BNF is too volatile today πŸ™‚
11:36 Shai : yes
11:36 Shai : is decided to stay here
11:36 Shai : could have got out at cost but didnt want to take chance
11:37 Shai : some peace and quiet here at 11080/ 28800 more likely now
11:37 Bhavani : Agreed.. ALerted on time..!
11:39 Gaurav : Spot confimans FA
11:39 Gaurav : *confirms
11:40 Govind : ).5 ATR done from IBL in BNF
11:40 Uttam : (11:29) Boppanna : NF a probable FA ?
11:40 Uttam : Bops you doing this πŸ˜‰
11:41 Himanshu : Govind +1 congrates
11:41 Boppanna : lol Uttam I wish..did play the 3IB till POC 855 though in BNF
11:41 Shai : anyone here – which BN strikes have the highest volume since open?
11:42 Himanshu : 28500 PE
11:42 Shubro : 28500 ND 29000
11:42 Shai : okay thanks
11:42 Himanshu : 2900CE
11:42 Govind : 28500 PE and 29000 CE
11:42 Gaurav : 28.5k PE and 28.8k CE
11:43 Govind : Writers are trying to take this to 29000 Shai?
11:44 Shubro : dont see unwinding yet Govind
11:44 Govind : Yeah CE writing in 29000 is up just to scuk you and I in, Shubro πŸ™‚
11:44 Govind : suck*
11:45 Shubro : yeah suckers we are
11:45 Shai : Thank guys
11:46 Shai : just wanted the mood of the option market
11:47 Shai : we shoud be near to 28820 by close today
11:47 Govind : Shai, we also see major put unwiding at 29000 and 28900
11:49 Gaurav : Spot of F, shai?
11:52 Uttam : 0s at top + stuck green trifecta
11:53 Uttam : DD upside coming?
11:55 Shai : good greens NF
11:56 Boppanna : Fed meet greens Shai?
11:58 Govind : 28700 CE from 150 to 196, exited near IBH, BNF hesitated there
11:58 Boppanna : nIce one Govind
11:58 Govind : As Shai said, needed to be quick
11:58 Govind : Thanks Bops
11:59 Govind : If 3IB plays out, 29050 is the approx. target.
11:59 Shubro : +1 Govind
12:00 Govind : Danke Shubro
12:00 Govind : I was hoping it would ctch fire in yesterday’s singles but did not.
12:01 Boppanna : That big MB 800-900 needs to get rejected for that its a magnet 11:59 Govind : If 3IB plays out, 29050 is the approx. target
12:01 Govind : +1
12:02 Himanshu : Fshit- NF rejected again after so many greens
12:03 Rajiv : Shai are these enough reds to worry about
12:03 Boppanna : Day Cot turned flat from the deep red since morning in NF
12:03 Uttam : FA at top also?
12:04 Boppanna : Could be a balance developing ?12:03 Uttam : FA at top also?
12:04 Thanika : @Himanshu: Posted the Cash N50 & BN12 pics
12:04 Uttam : yes Bops a nice balance in both so far today
12:05 Himanshu : NF spot gave up agian
12:05 Himanshu : Ok Thax Thanika
12:05 Boppanna : BNF Day cot still deep red
12:07 Boppanna : Now where are yiu headed ?12:01 Boppanna : That big MB 800-900 needs to get rejected for that its a magnet 11:59 Govind : If 3IB plays out, 29050 is the approx. target
12:07 Govind : clueless
12:07 Govind : waiting for the big fellas to come in and push?
12:07 Govind : now within that MB, ping pong
12:15 Himanshu : Govind before it goes up BNF – there will be shake ups ,,
12:15 Himanshu : morning writers – 28800PE
12:15 Himanshu : as 28800CE is steadily rising
12:26 NP : (10:58) NP : we may see a sustainable bounce
12:26 NP : hope it sustains
12:35 Uttam : USDINR rising
12:36 Boppanna : Invalidation for this ?11:47 Shai : we shoud be near to 28820 by close today
12:42 Shai : 29010
12:42 Gaurav : Spot or F values?
12:42 Shai : F
12:43 Gaurav : thanks
12:43 Shai : ABCDEFG all have the DPOC
12:43 Shai : + still inside IB
12:43 Shubro : meaning what Shai?
12:43 Shai : so rotational structure
12:43 Shubro : ok
12:44 Shai : mean revert
12:44 Govind : Bye guys, see you tomorrow.
12:44 Boppanna : thx Shai
12:44 Shubro : by Govind
12:44 Shai : 28630/ 29010 invalidation
12:44 Shai : hence asked about the opton guys
12:45 Shai : who are writingh 30000 and 28500
12:45 Boppanna : 29000
12:45 Shai : 29000 yea
12:45 Shai : πŸ™‚
12:45 Shai : transition difficult for me
12:46 Shai : was borm when they chaps were 4 digits πŸ™‚
12:46 Boppanna : πŸ™‚ each week keeps changing
12:47 Shubro : G didnt cross , H didnt cross G
12:47 Shubro : signs Shai?
12:48 Shubro : G didnt cross F
12:48 Shai : 28800 ce has sellers
12:48 Shubro : nice baby
12:48 Shai : 28800 pe has buyers per OF
12:49 Shubro : yes one of them is me
12:49 Shubro : πŸ˜›
12:51 Shubro : yipeee avenged
12:51 Boppanna : and Shubro does it
12:52 Shubro : all day bakwas
12:52 Shubro : made it back
12:52 Boppanna : 15k at bottom BNF
12:52 Shubro : Good luck to him
12:54 Boppanna : Let see if it gets rejected at 800 else he’s in trouble
12:56 Shubro : tee hee hoo
12:57 Boppanna : he’ll puke at 855/900 probably 12:54 Boppanna : Let see if it gets rejected at 800 else he’s in trouble
12:57 Shubro : yes expecting him to
12:59 Uttam : USDINR at day highs
13:02 NP : Surprisingly Midcap Index is holding in Green for quite some time now
13:06 Uttam : lets see if we get some OTF in the afternoon
13:06 Uttam : monthly close today
13:06 Uttam : and FA at lows in NF
13:09 Boppanna : U putting ur bull cap today for the afternoon Uttam?
13:11 Uttam : monthly close Bops and has been a trend down month which gave a monthly FA so not very bullish but that FA at lows giving a different signal
13:11 Boppanna : cool thx Uttam
13:12 Uttam : outside chance of a close at 11200+ is that is where monthly POC is right now
13:12 NP : @ Uttam …. for the sake of NAV adjustments
13:13 Rushabh : yest spike can help?
13:13 Uttam : 11149 is 1atr from todays FA
13:13 MJ null : Get 1 atr on both uttam πŸ™‚
13:13 Shubro : are OI’s on a different world today BOPS?
13:13 Shubro : dont see any unwinding
13:13 MJ null : 122 atr for nf?
13:14 Uttam : 118 in my sheet
13:14 Boppanna : I don’t look at OI am clueless abou tthem 13:13 Shubro : are OI’s on a different world today BOPS?
13:14 MJ null : thanks πŸ™‚
13:14 Uttam : NF got to know that 1atr so going there πŸ˜‰
13:14 Uttam : 70k reds in NF here
13:14 Rushabh : chats leaking
13:15 Shubro : thappad
13:15 Shubro : anu u there/
13:15 Himanshu : yday sellers – 11136-11127 range in control there
13:15 Himanshu : I guess
13:17 Uttam : looks like that RS wants to tag VWAP in NF?
13:17 Shubro : 28800 CE OI unrelenting
13:17 Shubro : saying No , go back
13:18 Uttam : takin sup at IBH for now NF
13:19 Shubro : will history repeat at 2 is the question
13:19 NP : Million Dollar Question Shubro
13:20 Shubro : Nirmala madam peek a boo
13:21 Shubro : BUGGER
13:22 Shubro : dangerous
13:22 Shubro : very dangerous for longs
13:23 Thanika : No support coming from Cash yet.. seeing only -ve divergence. #random
13:23 Shubro : USDINR falling now
13:25 Shubro : BNF full suspense at VWAP
13:28 Uttam : 11140-149 coming?
13:28 Thanika : any straddle suggestion Uttam!? πŸ™‚
13:29 Uttam : for tom nothing Thanika but for next week can be a good bet at tom close
13:29 Thanika : thx
13:30 Rushabh : uttam IB here?
13:30 Shubro : looks like corelation to USDINR now
13:30 MJ null : Get it uttam
13:31 Shai : Intra – Buy BNF 28860 sl of 28770 tgt 29010
13:36 Himanshu : Chief new seller at 11130 33
13:36 NP : zeroes at day high in NF
13:37 NP : one more trip down south?
13:37 Shubro : whats beyond south pole?
13:37 NP : ha ha ha
13:38 Uttam : pink band at 11132
13:38 NP : +1
13:38 Uttam : 11130
13:38 Shubro : look at USDINR uttam
13:38 Uttam : 50k POC in that bar
13:39 Uttam : thats also balancing Shubro, got rejected from IBH
13:39 Uttam : was making a ‘b’ till sometime back now looks will make a bell by EOD USDINR
13:42 Shubro : looks like sourth pole naren
13:42 NP : (13:36) NP : zeroes at day high in NF(13:37) NP : one more trip down south?
13:42 Shubro : and beyond
13:42 Shubro : chalo chalo
13:42 Shubro : those OI;s didnt move
13:42 NP : aajkal kashmir se kanyakumari move ho raha hai roj roj
13:43 Shubro : sri lanka
13:43 NP : lol
13:43 Shubro : avenged again
13:43 Shubro : with USD as well as BNF
13:43 NP : jor ka thappad
13:44 NP : now vwap test
13:44 Shai : BNF stopped. Make exits
13:44 Uttam : yes that earlier RS could not break IBH but got support by this new guy
13:45 Shubro : wohooooooo
13:46 Shubro : dangerous for longs
13:46 Shubro : 28800 CE OI just kept going up
13:47 Shubro : 140 to 168 29700 PE
13:47 NP : Congrats Shubro
13:48 Shubro : thanks NP
13:52 Shubro : Naren short at 29850?
13:53 Shubro : buyers will think twice now
13:53 NP : don’t think so ….. it is chopping on both sides ….. too risky now
13:53 NP : one trip up north possible
13:54 Shubro : hmmm
13:54 NP : kanyakumari to kashmir
13:54 Shubro : maybe just delhi
13:54 Shubro : I highs?
14:00 Shubro : cmon BNF juice up here
14:02 Shubro : thappad ya papad?
14:03 NP : 28800CE 89-110 …. all out
14:03 NP : RR was good
14:04 Shubro : niceeeee
14:06 NP : again struggling at vwap
14:06 Shubro : ya
14:06 NP : ab ki baar AAR YA PAAR
14:07 Shubro : 28800 CE OI increasing?
14:07 Shai : FED meet speculation takes over from 2.45
14:07 NP : +1
14:07 Shai : some of these new option writers can getr nervous
14:08 NP : market likes going long in fed events most of the times
14:08 Gaurav : its tonight?
14:08 NP : yes
14:09 Shubro : BNF struggling to get past yest close
14:10 NP : zeroes galore
14:11 NP : Option Biggies at work …. stay cautious
14:12 Shubro : told ya 28800 CE OI increaaasing
14:12 NP : don’t overstay your welcome on either side
14:13 Shubro : gosh what a mess
14:15 NP : last hour would be very very interesting ……. having done the day job I can enjoy it staying on the sidelines ……. no more positions ….. Mission SAVE PROFITS
14:17 MJ : Since 1130. NF has gone and taken support at pdaylow.
14:17 NP : +1
14:19 Himanshu : Boom
14:20 Uttam : 0s
14:20 NP : (13:53) NP : don’t think so ….. it is chopping on both sides ….. too risky now(13:53) NP : one trip up north possible(13:54) NP : kanyakumari to kashmir
14:20 Uttam : BNF
14:20 Uttam : 29020
14:20 Uttam : coming
14:20 Rushabh : shais level here? nf
14:20 Uttam : NF tags 11145
14:21 MJ : Thanks uttam. πŸ™‚ (13:13) MJ null: Get 1 atr on both uttam πŸ™‚
14:21 Shubro : boom boom
14:21 Uttam : FA rarely fails
14:21 MJ : +100
14:21 NP : Kasmir se aage jake aaya Shubro
14:21 MJ : Uttam πŸ™‚
14:21 Himanshu : Uttam – your 11145
14:21 MJ : and as you pointed FA on month end πŸ™‚
14:22 Himanshu : and me out 28500 ( 72- 32)
14:22 Uttam : (13:12) Uttam : outside chance of a close at 11200+ is that is where monthly POC is right now(13:28) Uttam : 11140-149 coming?
14:22 NP : Congrats Himanshu
14:22 Uttam : another 60k red in NF here
14:23 NP : they need a follow through though
14:23 NP : otherwise sharp spike
14:24 Uttam : 11200 I feel coming
14:24 NP : +1
14:24 Uttam : we are in the singles zone here
14:24 Himanshu : NP
14:24 Uttam : till 11176
14:24 Himanshu : Out on 28300 ( 32- 14)
14:25 Uttam : 29020 BNF done
14:25 NP : you are on roll Himanshu
14:25 NP : Awesome man
14:25 Himanshu : Are bhai – Kya karein
14:25 Uttam : K period
14:25 Uttam : yesterday was spike down & today reverse
14:25 Himanshu : was harping on OI of 28500PE
14:26 Himanshu : and Shai’s tweet yesterday on long liquidateion
14:26 Himanshu : observed – 3 /2 Days min after one time frame is breached
14:26 Himanshu : hence thought yesterday low can be protected but NF spot today made 10999.7
14:26 Uttam : Bops you activated beast mode in BNF?
14:27 Uttam : 29125 / 29180 coming?
14:27 Himanshu : uttam good for today let it complete auction here fo rtoday 28900-29000
14:27 NP : 29000CE writers not in panic yet Uttam
14:27 Himanshu : so tomowrro C entry can be lethal with
14:28 NP : 29000CE above 110 will be ROCKET
14:28 Shubro : idhar se giri to mein nahin chat se chilaaonga
14:29 Boppanna : Wanted it to touch that morning MB on thr pull back but just came till 950 stucker seller there14:26 Uttam : Bops you activated beast mode in BNF?
14:29 MJ : Uttam ext handle at 11174 right?
14:31 Himanshu : Gaddi ( car) mein – making them seat – and then reverse
14:31 Uttam : 11176 Mihir
14:31 Uttam : 28950 sup in BNf
14:31 Uttam : huge vols in both here
14:32 Uttam : (13:06) Uttam : lets see if we get some OTF in the afternoon
14:32 MJ : Thanks.
14:33 Himanshu : Beast mode on
14:33 Himanshu : Uttam you rock –
14:33 Shubro : Naren kanyakumari?
14:34 Uttam : another round of 0s in NF
14:34 NP : (14:22) Uttam : another 60k red in NF here(14:23) NP : they need a follow through though(14:23) NP : otherwise sharp spike(14:24) Uttam : 11200 I feel coming(14:24) NP : +1
14:35 NP : @ Shubro …… don’t think so for now
14:35 Himanshu : all Ois in BNF is fast coming down
14:35 Shubro : ok
14:35 Shubro : yeah
14:35 Himanshu : 29000CE- 28500 PE and inbetween strikes
14:35 Himanshu : Writers under some fear
14:35 NP : (14:07) Shai : FED meet speculation takes over from 2.45(14:07) NP : +1(14:07) Shai : some of these new option writers can getr nervous(14:08) NP : market likes going long in fed events most of the times
14:36 Shubro : +1 Naren
14:36 Uttam : (13:12) Uttam : outside chance of a close at 11200+ is that is where monthly POC is right now….35 more
14:36 Shubro : 45 degree move anyone?
14:37 NP : This is the Advantage of Pack Hunting ….. Right @Shai Sir?
14:37 Shai : +1
14:37 Uttam : reds in both here
14:37 Uttam : but till the ext handle holds PLD up
14:37 Uttam : PLR
14:38 NP : big reds in NF
14:38 Uttam : yes
14:38 NP : may be Intra guys booking out ….. what say Uttam?
14:38 Uttam : 11135 need to hold if gets there
14:38 NP : +1
14:38 Uttam : 28950 in BNF
14:39 NP : aaj ALGO kya karega? 5 Minutes
14:40 Himanshu : BNF psuhed belwo pwl
14:40 MJ : Shai. today’s day was between 3ib and spike rule clash?
14:41 Shai : Buy 29000 pe at 172 sl of 140 tgt 240
14:41 Shai : Intra
14:43 Uttam : Neutral Centre coming up in NF?
14:43 Uttam : if 11135 goes
14:43 NP : seems
14:43 Uttam : ext handle holding in both for now
14:48 Shai : 28930 ref
14:48 Shai : big one for close
14:48 Shai : 29000 pe at 188. Raise sl to cost 172 on this trade – Risk free
14:49 Shai : expecting a quick 100 if 930 goes
14:50 Shai : 222
14:50 MJ : Lovely shai.
14:50 Shai : 29000 pe at 239 near tgt . Book half
14:50 NP : Awesome
14:51 Shubro : +1 Shai
14:51 Rajiv : Great One Shai
14:51 Boppanna : +1 Shai
14:51 Shai : 930 here
14:51 Shai : holding for a break
14:52 Shai : they psyched us out of the last long trade we took by coming below daval for few points and then boomed up for tgt ++
14:52 MJ : Chief can zoomout bnf profile?
14:52 Shai : this is redemption
14:52 Shubro : total redemption Shai phew!
14:52 MJ : Yest revenge today redemption πŸ™‚ Chief is on a roll!
14:52 Thanika : +1 Shai
14:52 MJ : Thanks chief.
14:52 NP : +1
14:52 Shubro : i had just broken even and now in nice littly gains had double down on size
14:52 Shai : +1
14:52 Shubro : for this reversion
14:53 Shai : 830
14:53 MJ : holding small pes if it stays below 930
14:53 NP : (14:12) NP : don’t overstay your welcome on either side
14:53 Shai : 830 come
14:54 MJ : Out naren,
14:54 Shai : 955 sl
14:54 NP : Market ki Halat aisi ho gayi hai ke NANGA NAHAYEGA KYA AUR NICHODEGA KYA
14:55 Shai : πŸ™
14:55 Shai : Book the balance PE 200
14:55 Boppanna : Exact at MB high Pull back 14:29 Boppanna : Wanted it to touch that morning MB on thr pull back but just came till 950 stucker seller there14:26 Uttam : Bops you activated beast mode in BNF?
14:56 Shai : looks like FED will give a pop up
14:56 NP : for next few days this is the MANTRA …. (14:53) NP : (14:12) NP : don’t overstay your welcome on either side
14:56 NP : le ghapaghap de ghapaghap
14:57 Shubro : boxing ring
14:57 Shubro : today i boxed
14:59 NP : (14:15) NP : last hour would be very very interesting ……. having done the day job I can enjoy it staying on the sidelines ……. no more positions ….. Mission SAVE PROFITS
15:00 Shubro : 3:05 another?
15:00 Shubro : doosra
15:01 Shubro : if one can trade today and make money pat urself on back
15:02 NP : Overtrading is a SIN
15:02 Shubro : yeah
15:03 NP : Don’t be a Compulsive Trader ….. Apna DT ya DL aane ke baad DUKAN BAND
15:03 Shubro : take a while to transition
15:03 Shubro : takes*
15:03 NP : +1
15:04 Shubro : Shai its testing again
15:05 Shubro : ext handle holding Uttam?
15:05 NP : premium erosion business in top gear now
15:05 Uttam : yesterday’s Shubro?
15:05 Thanika : yup, 70 points eaten in each straddle πŸ™‚
15:06 Chetan Panchal : HIJ ledge been made at YVA low in NF.
15:06 NP : +1 Thanika ….. Index Management for weekly expiry
15:09 NP : @ Uttam ….. Any change in Max Pain?
15:10 Shubro : o todays Uttam?
15:10 Uttam : where is today’s ext handle Shubro?
15:10 Shubro : oh sorry that got eaten
15:10 Uttam : πŸ™‚
15:10 Shubro : no i was referencing that VAH
15:10 Shubro : ok ok got ya ol chap
15:11 Shubro : challo din ended well
15:11 Shubro : Naren thanks for guidance i am much obliged during the day
15:11 Shubro : your warning signals are very helpful
15:11 Thanika : +1 Naren
15:11 NP : My Pleasure Shubro
15:11 NP : as Shai sir says it’s Pack Hunting
15:11 Shubro : i need to improve on my habit to overtrade
15:12 Shubro : if we end here good chance of opening higher tomorrow ?
15:12 NP : depends on FED outcome
15:13 Uttam : yes good close in both
15:13 NP : (14:08) NP : market likes going long in fed events most of the times
15:13 Uttam : NF still a Neutral EXtrme
15:14 NP : Uttam any change in Max Pain?
15:14 Uttam : that big vol staying in both NF & BNF
15:14 Shubro : ok
15:14 Uttam : OTF is long looks like at least for tom
15:14 NP : +1
15:14 MJ : Yes Uttam.
15:14 Uttam : lemme check Naren not keeping track of max pain
15:15 Thanika : last two days the volume is low, does that indicate anything?
15:15 NP : plus tomorrow is weekly expiry
15:15 Uttam : 11100 in NF
15:15 Uttam : 28900 in BNF
15:15 NP : it’s the same as in the morning
15:15 NP : no change
15:15 Uttam : FA at lows in NF & A period singles in BNF
15:16 Uttam : but right above today’s high are the ext handles so that need to be taken out for upside
15:16 NP : upside seems capped Uttam?
15:17 Uttam : USDINR making new lows for the day
15:17 Uttam : we have tail at both ends Naren so lets see how we open tom
15:18 NP : high chance of markets forming range in next few sessions
15:19 NP : these violent moves need to take a breather for sometime now
15:19 Himanshu : NP shorted 28500 PE ( mthly )
15:19 Himanshu : and 28500 ( NW)
15:19 Himanshu : though COT n BNF is huge negative
15:21 NP : expecting a rangebound expiry tomorrow? with a positive bias?
15:21 Himanshu : yes
15:21 NP : +1
15:22 Himanshu : Tomorrow Uttam bhai will open shop above – todays extension
15:22 Himanshu : hope is built due to NF ..
15:22 AmitJ : +ve BNF on -ve COT seems bearish fow next few days, if nor tomorrow
15:29 Uttam : thanks All πŸ™‚ have a lovely evening
15:29 AmitJ : bye all.
15:29 MJ : Bye all have a nice eve.
15:30 Shai : Bye all
15:30 Shai : Have a nic eevening
15:30 Bhavani : Bye
15:31 Himanshu : Bye all – Final view on BNF#
15:31 Himanshu : Chief
15:31 Himanshu : incase you are there,
15:31 Thanika : Bye all

Order Flow charts dated 31st July

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

09:26 Shai : (09:26) Shai : Intra- Buy 11200 call at 78 sl of 54 tgt 108

09:39 Shai : Book the 11200 call once at 85 cmp. We will buy again on dip or trail to 70 if holding

10:15 Shai : (10:15) Shai : Intra – short BNF 29486-90 sl of 29590 tgt 29240.

10:47 Shai : BNF at 31435 . Book a part here and ride the rest near cost 31500

11:05 Shai : (11:05) Shai : exit the Balance qty in the BNF. stay flat for now

11:34 Shai : (11:34) Shai : Intra – Buy 11200 pe at 64 sl pf 43 tgt 97

12:18 Shai : (12:18) Shai : 11200 pe stopped. make exits cmop 41

12:43 Shai : (12:43) Shai : Buy 29300 pe at 162 sl of 125 tgt 208.

13:21 Shai : (13:20) Shai : 29300 pe at 195. Book half and ride some at cost

14:12 Shai : (14:12) Shai : Intra – short BNF 29220-29226 sl of 29360 tgt 28980

14:15 Shai : (14:15) Shai : BNF at 29040 Book half

14:25 Shai : (14:25) Shai : BNF 28950 . Boook remining lots for +370 points in this trade


08:55 Vtrender Live : 30 min chart- https://join.me/175-309-647
08:56 Vtrender Live : option charts – https://global.gotomeeting.com/join/279139205
09:00 Shai : GM all
09:01 Shai : https://vtrender.in/market-profile-analysis-dated-29th-july/
09:05 Shai : 11210- 11243 and 11262 are the 3 zones to watch from yesterday’s auction
09:05 AmitJ : GM all ..
09:05 Shai : bullish abv 11260F today for 11311/ 11330
09:06 Amjad : GM ALL
09:07 Himanshu : Good morning All
09:12 TP : GM All.
09:12 Uttam : Good Morning All πŸ™‚
09:13 TP : Shai corresponding BN marker ……(09:05) Shai : bullish abv 11260F today for 11311/ 11330
09:13 Bhavani : Good morning all
09:16 Sai : good morning
09:16 Govind : Due to a delay in the publishing of the Bhavcopy file by the exchanges, you may see an incorrect buy average price or you may see it as 0 for F&O positions taken yesterday. We are working with the exchange on a resolution.
09:16 Govind : This is so messed up!!
09:17 Govind : Missed my exits
09:21 Shai : 29440/ 29570- (09:13) TP : Shai corresponding BN marker ……(09:05) Shai : bullish abv 11260F today for 11311/ 11330
09:21 TP : tks chief
09:22 TP : charts a bit slow or my ISP issue.
09:22 Himanshu : Out – 29500 PE ( mthly – 556- 479)
09:22 Shai : No 0’s at open today
09:22 Shai : early indiatioon that locals would control the open
09:23 Shai : indication**
09:23 Uttam : NF filling up the DD zone of yesterday
09:23 Shai : +1
09:24 Uttam : both above yPOC so PLR for now up
09:26 Shai : Intra- Buy 11200 call at 78 sl of 54 tgt 108
09:26 Govind : Exited 29300PE/29400CE combo at 293. Entered yesterday at 251.
09:26 Thanika : +1 Govind
09:27 Govind : Thanks Thanikaa, welcome back
09:27 NP : Congrats Govind
09:27 Govind : Thanx Naren
09:27 Govind : NSE has messed things up this morning
09:27 Shubro : 29400 carried overnight 129 to 194
09:28 Himanshu : 29300PE cross overed CE
09:28 Govind : Shubro!!!
09:28 Shubro : he he GOV
09:28 Uttam : 11200 OI doing a crossover here
09:28 Uttam : PE above CE OI
09:28 Himanshu : +1
09:28 Uttam : BNF looks like wants to tag PDH?
09:28 Uttam : at the 2 day comp VAH here
09:29 Shai : This is good – (09:28) Uttam : PE above CE OI
09:29 Uttam : +1 Shai does add to the conviction πŸ™‚
09:30 Govind : Congrats Himanshu and Shubro
09:31 Shai : Conviction is good but all of us feel better when the jigsaw comes together πŸ™‚
09:31 Govind : +1
09:31 Shai : steady auction looking for a test of Monday sellers
09:31 Govind : BNF near those Friday singles, and this is where it was rejected yesterday at open.
09:32 Uttam : perfect Shai, all things fall in places
09:32 Shai : big guys were at 11290 and 29617
09:33 Uttam : yes Shai yesterdays tail from 11287-11325
09:33 Shai : that MB is big to 11328 and hence the Call to ride the 80% insinde
09:33 Uttam : that ext handle of 11252 getting negated was first sign that downside stalled
09:35 Uttam : the PE-CE OI is moving further away from each other & till this continues good for upside
09:36 Uttam : this is the weekly Value also Shai so 80% on that also (09:33) Shai : that MB is big to 11328 and hence the Call to ride the 80% insinde
09:36 Uttam : 11268-11319-11358
09:36 Shai : +1
09:37 Uttam : 11282-287 minor hurdle hee
09:37 Uttam : here*
09:39 Anubhav null : nice bounce
09:39 Anubhav null : yest buyers in money
09:39 Shai : Book the 11200 call once at 85 cmp. We will buy again on dip or trail to 70 if holding
09:41 Anubhav null : cN we short with 11310 sl?
09:41 Uttam : 11265 needs to hold now in NF
09:42 HPandey : uttam, shai its a drive?
09:42 Uttam : nope
09:43 HPandey : due to lesser volumes
09:43 Uttam : still OAIR and vols also not as good as needed for a drive
09:43 HPandey : ok
09:43 Uttam : RS at 29580 in BNF
09:44 Uttam : boom boom
09:45 Uttam : 0s at 11283
09:45 Uttam : (09:37) Uttam : 11282-287 minor hurdle hee
09:45 Govind : NF into yesterday’s singles
09:45 Govind : barely
09:45 Anubhav null : looks.like modi killed a few bears in man vs wild show
09:46 Shubro : haha nice one Anu
09:46 Anubhav null : bulls to jungle me hote nahi
09:47 Govind : NF spot is still in the red?
09:48 Uttam : 0s at top in NF as of now
09:49 Uttam : Shai said 11290 so NF stoped at 11289.95
09:49 Uttam : (09:32) Shai : big guys were at 11290 and 29617
09:49 Shubro : ghar wapsi?
09:50 Thanika : +1 πŸ™‚ (09:49) Uttam : Shai said 11290 so NF stoped at 11289.95
09:50 Uttam : 11286 Rs in NF for now
09:51 Uttam : 11306 is yesterday’s morning IS if can take this RS of 11286 out
09:52 Anubhav null : yeah uske baad 11328-11350
09:52 Uttam : 11200PE OI now double of CE OI
09:52 Uttam : 28.8L ti 14.6L
09:53 Boppanna : Cafe Coffee Day owner goes missing and the guy suspected suicide the same guy who sold his MindTree shares a few months back ..states business failure as the reason
09:54 Uttam : OMG…that’s sad
09:54 Uttam : my trading account is with way2wealth, his group company itself
09:54 Shubro : yeah CCD is down quite a bit
09:55 Uttam : Siddhartha
09:55 Shubro : bears thappad maare jaa raha hai Anu
09:55 Boppanna : yes Uttam SM Krishna’s son in law
09:55 Uttam : (09:50) Uttam : 11286 Rs in NF for now…this one getting vwap test?
09:56 Uttam : (09:41) Uttam : 11265 needs to hold now in NF
09:56 Uttam : getting tested this 11265
09:57 Uttam : 11250 PE/CE now on verge of crossover
09:57 Uttam : could confirm the next leg up if hapens
09:57 NP : recent fall was due to long liquidation …… we need some shorts in the system to fuel further rally ….. let’s wait and watch
09:58 NP : these sellers may help in further leg up (if any)
09:59 Uttam : BNF 29400 crossover happenign now
10:00 Shubro : 29300 PE 89 to 100
10:00 Bhavani : Booked 11200 CE @ 85 as per Shai’s timely advise
10:01 Shubro : PE over CE Uttam?
10:01 Govind : Yes
10:01 Shubro : V good
10:01 Bhavani : Now 11200 hovering around 80-81
10:02 Bhavani : 11200CE
10:03 Shai : yes needed stronger COT near 11289 but it was not coming
10:04 Shai : eyes near 11252 if it wants to go higher
10:04 Shai : else we are back to selling this
10:04 Shai : COT is red now
10:06 Boppanna : trifecta reds below vwap
10:06 Shubro : OIs need to shift else we are ranging here
10:07 Govind : Also around yesterdy VAH…10:06 Boppanna : trifecta reds below vwap
10:08 Govind : Shai mentioned we are bullish above this zone….09:05 Shai : bullish abv 11260F today for 11311/ 11330
10:10 Shai : yes
10:10 Shai : for test of monday sellers
10:10 Uttam : (09:57) Uttam : 11250 PE/CE now on verge of crossover…this kissed each other but did not crossover
10:10 Shai : (09:31) Shai : steady auction looking for a test of Monday sellers(09:32) Shai : big guys were at 11290 and 29617
10:11 Shai : back in sell mode is 11255 goes
10:13 Uttam : some late reds here in NF?
10:13 Boppanna : BNF below 490 a quick 50 IMO
10:13 Uttam : (09:43) Uttam : RS at 29580 in BNF
10:14 Uttam : almost 100 down from there
10:14 NP : RBL Bank is bleeding ….. 52week low
10:14 Uttam : 14k red in BNF also at 29495
10:15 Shai : Intra – short BNF 29486-90 sl of 29590 tgt 29240.
10:16 Uttam : C side ext coming?
10:16 Shai : +1 – (10:13) Boppanna : BNF below 490 a quick 50 IMO
10:16 Boppanna : Thx Shai
10:16 Shai : auction fails upmove
10:16 Govind : +1
10:16 Shai : 0’s
10:17 Shai : can short NF also
10:17 Shai : but going with BNF in that lower MB
10:17 Uttam : today’s writers in 11200oe getting squeezed here?
10:17 Govind : Now in 2 day profile value, BNF
10:17 Shai : yes
10:17 Shubro : ghar wapsi
10:17 Shubro : πŸ™‚
10:18 Uttam : 64k red in NF at 11235
10:19 Uttam : 74k sorry
10:20 Shai : 11210 supp NF
10:26 Uttam : that 74k red looks like will be forced to exit above vwap?
10:28 Shubro : 29400 CE 155 to 170
10:29 Boppanna : Nice one Shubro …Uttam’s 440 in BNF stalled BNF for now
10:29 Shubro : yeah Bops
10:30 Shubro : lets see how D plays out
10:33 Shai : break 440
10:33 Shai : very tempting that lower VA
10:33 Shai : multi bagger kind
10:33 Uttam : 11178 can come in NF today
10:33 Shai : how is the OI ?
10:33 Uttam : needs to break 11210 & stay below it
10:34 Uttam : 27L-15L for now 11200 pe/ce
10:34 Uttam : 11250 which almost crossed over now drfiting apart
10:35 Uttam : 29400 on verge of negative crossover
10:36 Govind : Yeah Uttam, went the other way in the morning move and now reversing
10:37 Shubro : break break break
10:37 Shubro : and get it over with
10:38 Shai : πŸ™‚
10:38 Shubro : good girl BNF
10:38 Shubro : zerooooos
10:39 Uttam : waiting for D to start to make a RE looks like both
10:39 Shubro : might stop here
10:39 Uttam : pause πŸ˜‰
10:41 Boppanna : 29300pe needs a push above 125
10:41 Govind : Crossed over
10:42 Uttam : 3 more mins for D to start
10:46 Uttam : who does it first?
10:46 Uttam : NF or BNF?
10:46 Shubro : ruk jaana nahin
10:46 Govind : BNF
10:47 Uttam : Nifty Spot near prev week low of 11210
10:47 Shai : BNF at 31435 . Book a part here and ride the rest near cost 31500
10:47 Uttam : hence stalling a bit
10:47 Himanshu : After long am trading today BNF F
10:47 Uttam : nice call Shai
10:49 Himanshu : Booked out 30 points
10:49 Boppanna : +1 Shai
10:49 Himanshu : But better – then reverse
10:54 Shubro : reversallllll
10:55 Shubro : bhains getting ready
10:55 Uttam : is D over yet?
10:55 Shubro : na
10:55 Shubro : nada
10:55 Uttam : spot brekaing below 11210
10:56 Shubro : πŸ™‚
10:56 Uttam : reds getting stuck in NF?
10:56 Uttam : 33k at 11230
10:56 Shubro : wow
10:56 Uttam : or is the demand getting absorbed here
10:57 Uttam : locals playing TT here looks like as Shai mentioned at the open
10:58 Shubro : one chinese turns up and game over
11:01 Uttam : 11225 holding in NF
11:01 Govind : 29400 CE OI is still rising
11:02 Uttam : it was the POC of the very first 5min bar today
11:04 Shubro : kya bola kya bola
11:05 Shubro : BNF chad
11:05 Shai : exit the Balance qty in the BNF. stay flat for now
11:05 Govind : Crazy ass market
11:07 Shubro : chota scalp 29300 CE 210 to 223
11:08 Govind : Rockin it Shubro!!
11:08 Govind : am stayig away for now
11:08 Shubro : yes i take from market before 12 and give back after
11:08 Govind : haha
11:09 Shubro : so today knowing that will stop and only go in after 1
11:09 Shubro : but 3 DT done
11:09 Govind : Congrats bro!
11:09 Shubro : lol thanks bro
11:10 Govind : vwap kiss done in bnf?
11:11 Uttam : BNF tagged weekly VAH in this bounce
11:11 Shubro : bears can get electric shock today
11:12 Shubro : UFF nifty
11:12 Shubro : woo hoo zeros
11:13 Shubro : too volatile Gov
11:13 Shubro : i should do a live webinar on how to lose money
11:13 Govind : Please, allow us lesser mortals to join you as co-presenters
11:13 Shubro : its like that book what they dont teach u at harvard types
11:14 Shubro : yes a trader AIB channel
11:14 Uttam : someone’s defending at 11230 NF
11:14 Shubro : NIFFFFTY
11:14 Uttam : D ho gaya kya πŸ˜‰
11:14 Himanshu : Gaya
11:14 Himanshu : 50K +
11:14 Shubro : D matlab danda
11:14 Himanshu : Aa gye – Lic ke pehle
11:14 Uttam : and E matlab ext
11:14 Uttam : PLR was always pointing down
11:14 Uttam : NF wins the race
11:15 Himanshu : Chief –
11:15 Uttam : refresh needed Shai
11:15 Himanshu : BNF Sell call is on
11:15 Shubro : Modi ji back from jungle?
11:15 Uttam : no Himanshu Shai asked to exit the balance
11:15 Himanshu : yes
11:15 Himanshu : I exited full,,
11:15 Shubro : as long he was with Bear market held
11:15 Himanshu : 30 points gain
11:15 Himanshu : but if VAH breaks – 29426
11:16 Uttam : 34k at lows in NF
11:16 Himanshu : can we do 80% rodays profile
11:17 Shubro : D didnt break A lows is that a sign?
11:17 Uttam : 11210 test coming
11:17 Uttam : ?
11:18 Boppanna : This still the on watch 10:41 Boppanna : 29300pe needs a push above 125
11:19 Himanshu : BNF advt –
11:24 Uttam : 11210 is here
11:24 Govind : Nice
11:24 Uttam : 11178 will be nicer πŸ˜‰
11:24 Govind : and BNF below IBL
11:25 Uttam : (11:11) Uttam : BNF tagged weekly VAH in this bounce…this was the nuance in BNF
11:25 Govind : and new DL
11:25 Uttam : down more than 100 from there
11:25 Govind : Yes Uttam
11:25 Uttam : (10:33) Uttam : 11178 can come in NF today…20 more needed
11:29 Boppanna : 153 /185 IMO as long as 440 holds IMO 11:18 Boppanna : This still the on watch 10:41 Boppanna : 29300pe needs a push above 125
11:29 Uttam : 11200 OI crossover on negative side?
11:29 Govind : about to kiss
11:31 Uttam : this changed the auction scene today (10:10) Uttam : (09:57) Uttam : 11250 PE/CE now on verge of crossover…this kissed each other but did not crossover
11:32 Govind : +1
11:32 Himanshu : yes crossing strats with Kiss
11:33 Govind : Nice little new MB in BNF
11:33 Himanshu : Uttam you are right
11:33 Himanshu : this MB will be killer for downside
11:33 Uttam : 11191 low so 13 is th lucky number to get πŸ˜‰
11:33 Himanshu : See
11:34 Boppanna : Half out 11:29 Boppanna : 153 /185 IMO as long as 440 holds IMO 11:18 Boppanna : This still the on watch 10:41 Boppanna : 29300pe needs a push above 125
11:34 Govind : 29400 PE from 165 to 202
11:34 Govind : done
11:34 Shai : Intra – Buy 11200 pe at 64 sl pf 43 tgt 97
11:36 Govind : MBs are awesome right Himanshu
11:36 Uttam : 11185 low down to lucky 7 now πŸ˜‰
11:38 Boppanna : Trailing at 137 with the rest 11:34 Boppanna : Half out 11:29 Boppanna : 153 /185 IMO as long as 440 holds IMO 11:18 Boppanna : This still the on watch 10:41 Boppanna : 29300pe needs a push above 125
11:38 Uttam : (10:33) Uttam : 11178 can come in NF today(10:33) Uttam : needs to break 11210 & stay below it
11:38 Uttam : nice Bops πŸ™‚ congrats
11:38 Govind : Senor Vix keeps rising
11:39 Uttam : 11200 OI crossover & moving away
11:39 Uttam : 11190-11180 is support zone so consolidating here
11:40 Govind : Yeah and in good time too
11:40 Uttam : NF giving another DD today? or will give more
11:41 Uttam : 29233-220 can come in BNF
11:42 Shubro : gooooone
11:42 Shubro : panic selling to start soon?
11:43 Boppanna : All out at 170 11:38 Boppanna : Trailing at 137 with the rest 11:34 Boppanna : Half out 11:29 Boppanna : 153 /185 IMO as long as 440 holds IMO 11:18 Boppanna : This still the on watch 10:41 Boppanna : 29300pe needs a push above 125
11:43 Govind : COngrats Bops
11:43 Uttam : super Bops +1
11:43 NP : Congrats
11:44 Boppanna : Thx .. exit was based on Uttam’s support in hypo 350-360
11:44 Govind : +1
11:44 Shai : 11111 if things get ugly
11:44 Govind : BNF at Open-Ra
11:45 Govind : that is a nice number Shai
11:45 Uttam : 11178 here
11:45 Govind : πŸ™‚
11:45 Uttam : thanks you very miuch
11:45 Govind : 11200 PE moving a bit slow
11:45 Shai : Bot sent it – (11:45) Govind : that is a nice number Shai
11:45 Shai : πŸ™‚
11:45 Govind : Good Bot!!
11:45 Shai : 11175 below 11111
11:46 Shubro : BOT ghee shakkar
11:47 Shubro : truck bhar ke aaye bechne
11:50 Uttam : Himanshu you were asking for 80% in today’s Value, NF did it in yesterdays πŸ™‚
11:50 Uttam : nice balance we had lower and NF does complete 80% of Value
11:50 Himanshu : great
11:50 Uttam : 11243-11175
11:50 Himanshu : exited 29500CE and 29300 PE
11:50 Shai : That PE may come to 45 if 55 breaks now
11:50 Himanshu : at dot
11:50 Shai : 11223 F is the supply
11:50 Himanshu : 29500 ce ( 90- 63)
11:50 Shai : we hold
11:51 Himanshu : and 29300PE ( 125- 165)
11:51 Shai : unlikely to jump abv 11224F this NF
11:51 Uttam : riding the 11250pe from 63 had placed booking at 105 but high made 104.55 πŸ™
11:51 Anubhav null : double bottom in making in nf?
11:52 Anubhav null : prev low held
11:52 Shai : unsecure low
11:52 Shai : should be visisted again
11:52 Anubhav null : ok thnx
11:52 Boppanna : Congrats Uttam
11:53 Uttam : not yet booked fully Bops though will not los money on that trade now
11:54 Himanshu : Chief – Do tell us when Fresh BNF short is ripe
11:54 Himanshu : as BNF might follow NF ( if bolt is negative on NF)
11:54 Uttam : both NF & BNF complete 1.5 IB down
11:56 Uttam : b) Immediate support is at 29360-50 below which the auction can test 29304-296 / 29248 & 29200-175
11:56 Shai : near 294490- (11:54) Himanshu : Chief – Do tell us when Fresh BNF short is ripe
11:56 Uttam : BNF does low of 29295
11:56 Shai : 29440
11:56 Himanshu : Ok Chief –
11:56 Himanshu : 1.30 – 3.30 is slide down period today,,
11:57 Himanshu : its seems – today high in bNF – lower then yesterdaty rejection
11:57 Uttam : yesterday we had a big gap up Himashu
11:57 Himanshu : 2 days think will profile fill till down which you mentioned yesterday
11:57 Uttam : ORR
11:57 Himanshu : eys
11:58 Himanshu : today ..was small gap up – so
11:58 Shubro : 29200 CE 198 to 222
11:58 Uttam : but today’s gap up was in yesterdays range
11:58 Himanshu : yes mine is some logical tukka
11:58 Himanshu : yours is perfect reading,,
11:59 Himanshu : so I go by your judgement
11:59 Uttam : _/\_ nothing perfect here too
11:59 Uttam : learning
11:59 Himanshu : Hain,,
11:59 Govind : 10000 hours HImanshu
11:59 Himanshu : its ok ..still much better then my swongs
12:00 Himanshu : Govind – hope all right
12:00 Govind : All good bro
12:03 Shai : little flexibilty required with the PE
12:03 Shai : 11223- 11230 supp
12:03 Shai : there now
12:04 Surinder Sihag : what to do with th PE
12:04 Shai : hold – donlt enter sl is systme
12:05 Surinder Sihag : ok i will hold it till next update
12:06 Shubro : the bhains only came up for air
12:09 Uttam : BNF resisting at yVAH and the 2day POC of 29425
12:12 Anubhav null : 11250 needs to hold for a dip now
12:12 Anubhav null : else shorts sl will hit
12:13 Uttam : 11225 hwihc was holding in the morning now acting as supply point
12:14 Uttam : vwap here
12:15 Shai : 11236
12:16 Shai : 11215 coing and below that 11187 again . sl 11240
12:18 Shai : 11200 pe stopped. make exits cmop 41
12:19 Anubhav null : maruti rising
12:20 Govind : OIs are crossing over every 45 minutes πŸ™‚
12:20 Uttam : 11200 coming close here again
12:20 Uttam : if they do not cross can be a fresh short in NF
12:20 Uttam : and good chance of that happening
12:20 AmitJ : tcs too.(12:19) Anubhav null: maruti rising
12:20 Govind : Yes Uttam, waiting
12:21 Uttam : TCS BOT gave buy in morning & now oart booking alert
12:23 Anubhav null : vwap still holding
12:23 Anubhav null : shakout move?
12:24 Uttam : locals here now Anubhav so playing around
12:24 Anubhav null : hmm
12:24 Uttam : @Shai can we see the 11:25 5 min bar for a min
12:25 Shubro : break here and we are going south
12:26 Uttam : profile also wants a downside probe
12:26 Shubro : pregnant pause
12:27 Uttam : 11190 was earlier RB in NF where I guess again we got them defending today
12:28 NP : @ Uttam ….. 0.0000001% chance of a Bear Trap today?
12:29 Uttam : lets see how we close Naren as Value os of now overlapping to higher in both
12:29 Uttam : yesterday’s lows not tagged
12:30 Suren : +1 dh possible NP : @ Uttam ….. 0.0000001% chance of a Bear Trap today?
12:30 Govind : CE OI steadying now…12:20 Uttam : if they do not cross can be a fresh short in NF
12:31 Govind : Needs to go up
12:32 Uttam : yes as of now running parallel to each other
12:32 Uttam : thoguh BNF OI has been slowly moving away 29400
12:34 Shubro : potty time coming?
12:34 Shubro : trying hard for that dump
12:35 NP : Potty Time is 1pm. Shubro
12:35 Shubro : oh man
12:38 Shubro : say aaah kya aaram BF
12:38 Shubro : NF
12:38 Shubro : my bhain somersaulting
12:40 AmitJ : 216 was here (12:16) Shai : 11215 coing and below that 11187 again . sl 11240
12:42 Uttam : yes low 11215.5 & high was 11239.8
12:43 Shai : Buy 29300 pe at 162 sl of 125 tgt 208.
12:43 Uttam : was abt to type BNF will race ahead for new lows this time
12:43 Uttam : πŸ™‚
12:43 Uttam : could race ahead i meant πŸ™‚
12:46 NP : Any Idea when Axis Results are? ….. during market hours or post market?
12:46 Shai : πŸ™‚
12:46 Shai : below 11210 short for revisit of poor low again
12:47 Shai : 11175 — unsecure
12:47 Govind : usually post, Naren
12:47 NP : ok
12:48 Govind : ICICI is the party pooper
12:52 Shubro : thappad to bulls big one
12:55 NP : Reliance at day low
12:55 Shubro : ringa ringa rosess…..start chorus
12:55 Govind : here we go
12:56 NP : ICICI also at day low
12:56 NP : ab aayega maja
12:56 Govind : If that goes, forget it
12:57 Govind : need vix to rise a bit
12:59 Himanshu : Shit gave back – small profit#29200 PE
12:59 Himanshu : (98 -121)
12:59 Himanshu : Now better do Radhe Radhe
13:00 Himanshu : Spike time –
13:00 Himanshu : Seems Spike toll 1.20 will be i[
13:00 Himanshu : up
13:01 Prudhvi : and leave an fa?
13:01 Himanshu : BC – mera 29200 PE – 121 Kha gaya or ab uper
13:01 Himanshu : This will not be digested well
13:04 Uttam : USDINR crashing
13:05 Uttam : new series today and already testing yesterday lows
13:06 Himanshu : so positive for Equity
13:07 Himanshu : Dpoc is magnet today ..
13:07 Himanshu : Jit..
13:07 Himanshu : R u there
13:11 Govind : RIL, my goodness
13:11 Govind : below 1200
13:11 Uttam : what happened to it?
13:11 Uttam : huge vols too
13:12 Govind : No news though
13:12 Uttam : has confirmed a multiday Fa at 1222
13:13 Govind : oh wow! 1 ATR weekly?
13:13 Uttam : which is close to Friday’s VAWAP also which wss a down day
13:13 Uttam : daily FA Govind _/\_
13:13 Govind : Oh
13:13 Govind : Ok, thanks Uttam
13:14 Uttam : 11194 1atr
13:14 Boppanna : 340 fella BNF can you pls step aside
13:14 Uttam : low so far in NF 1199
13:14 Uttam : sorry low in RIL
13:15 Govind : got it, thanks bro
13:15 Uttam : if 1194 taken out then 1166 could come
13:16 Govind : sweet
13:16 Uttam : 11200 ce pe almost over each other here
13:16 Govind : Like Shai said yesterday, scary to be an investor
13:16 NP : normally reliance witnesses buying before it’s AGM …. this time it seems to be a different story so far
13:17 Uttam : BNF getting pushed here by Bops looks like πŸ™‚
13:17 Govind : vix is crawling up now
13:18 Uttam : needs to stay & close below 1205 thoguh RIL for downside to continue
13:18 Uttam : Nifty Spot 11210 prev week low & RIL 1210
13:18 Uttam : so both near breakdown levels?
13:19 Himanshu : 11210
13:19 Himanshu : 1210
13:19 Himanshu : made from same digit
13:19 Himanshu : ye lo
13:19 Himanshu : Uttam Bhai
13:19 Himanshu : 11200 PE CE still same level I guess
13:20 NP : 11200 PE writers not in panic mode yet …… right Uttam?
13:20 Himanshu : 11200 PE needs to unwind
13:20 Uttam : CE seems to be mowig higher the OI
13:20 Uttam : BNF new lows
13:20 Uttam : Bops you did it
13:20 Boppanna : Shai did it his pe
13:20 Uttam : (12:43) Uttam : was abt to type BNF will race ahead for new lows this time(12:43) Uttam : could race ahead i meant πŸ™‚
13:20 Shai : 29300 pe at 195. Book half and ride some at cost
13:20 NP : lot of zeroes in BNF
13:21 Uttam : super Shai +1
13:21 Shai : revenge trade
13:21 Uttam : lol πŸ™‚
13:21 Shai : I was watching 11240 and the PE togethre at 42
13:21 Shai : went to 11239.8
13:22 Govind : Nifty 11200pe from 44 to 53 and BNF 29300 from 164 to 197. Done…
13:22 Uttam : yes Shai
13:22 Uttam : nice Govind πŸ™‚ congrats
13:22 Govind : Thanks Uttam
13:22 Shai : Nice Govind
13:22 NP : Congrats Govind …… too good
13:22 Govind : Thank you Shai and Naren
13:22 Shai : -41K cot means we go lower
13:22 Shubro : +1 Govind
13:22 Shai : 11217 sl
13:22 Govind : Vix helped me πŸ™‚
13:22 Govind : THanks Shubro
13:23 Shubro : exxcellent!
13:23 Uttam : (11:41) Uttam : 29233-220 can come in BNF…this is still on
13:23 Govind : or Vixxcellent, you mean πŸ™‚
13:23 Himanshu : Oga –
13:23 Himanshu : In Lagos We call Oga to Boss
13:24 Himanshu : Uttam – BNF F target
13:24 Uttam : BNF is the boss here Himanshu πŸ™‚
13:24 Govind : the beast
13:24 Uttam : right now at 2day comp VAL
13:24 Uttam : nice 80%
13:25 Uttam : (12:09) Uttam : BNF resisting at yVAH and the 2day POC of 29425
13:26 Govind : the 2 day bnf VAL is at 29250 ish right Uttam?
13:26 Sai : what is holding NIFTY?
13:26 Uttam : 29275 Govind
13:26 NP : #QuckTrade …. smll scalp ….. 11000CE 189-200 …. all out
13:26 Govind : Thanks…13:26 Uttam : 29275 Govind
13:26 Anubhav : damn buyers not giving up in nf
13:27 Govind : Congrats Naren, quick hands.
13:27 Anubhav : do they want day high close?
13:27 Uttam : 30k green in BNF at that lows
13:27 NP : i like these fastest finger first trades Govind ….. small scalps but extremely satisfying
13:28 NP : le ghapaghap de ghapaghap
13:28 Uttam : nice Naren congrats πŸ™‚ & keep it going
13:28 Govind : +1 buddy
13:28 Govind : Pack hunting continues
13:28 NP : +1
13:28 Govind : also very satisfying
13:29 NP : VT Rocks!
13:29 Himanshu : Exited – 29400 CE 9113-91)
13:29 Himanshu : 113-91
13:29 NP : Congrats
13:29 Himanshu : but this is not done – I need 200 Point move in BNF in F
13:29 Govind : 15:17 Shai : BNF is a 2 day 3-1-3 with this bounce off Friday’s singles….this was so helpful to know guys. THat last trade I did was based on this.
13:30 Govind : Shai gave this mesage yesterday
13:30 NP : too many zeroes in both NF BNF …… time to be cautious
13:31 NP : for me “CAPITAL PROTECTION MODE” ON for next 1 hour
13:31 Govind : I am with you
13:31 Anubhav : rbl bank ko kya hua
13:31 Govind : ANu, RBL is thelargest lender to CCD
13:32 Himanshu : CCD – Bad news to start the day
13:32 Himanshu : Debt is Death ..
13:32 NP : +1
13:32 Anubhav : acha ok thnx
13:32 Govind : Glad to be debt free HImanshu
13:32 Himanshu : think Mindtree – Debacale may have haunted him
13:32 Himanshu : yes
13:33 Himanshu : Mee too – just car loan and everytime my relation ship mgr calls me I threaten him to preclose
13:33 Govind : haha
13:33 Govind : +1
13:33 Uttam : lol Himanshu and that poor guy must be calling to sell yu another loan
13:34 Himanshu : Yes
13:34 Himanshu : from HDFC bank
13:34 Himanshu : he is sayingh since I am paying for 18 mths regularly is auto debit to my accoun
13:34 Himanshu : they have loan against loan
13:35 Himanshu : meaning for balance principal and one year depriciated value – they are ready to give me 3.5 L
13:35 Himanshu : again..
13:35 Shai : book fully the bal qty in 29300 pe
13:36 Uttam : that 30k green at bottom holding for now BNF
13:39 Anubhav : hmmm
13:39 Himanshu : Think now will be slow grind down
13:39 NP : (13:20) NP : 11200 PE writers not in panic mode yet …… right Uttam?
13:40 Uttam : yes no major reduction in both Naren
13:40 Uttam : 23l to 22l
13:40 Uttam : and both arnd 46-48
13:40 Uttam : but somehow feel sellers doing a bad job today
13:41 Thanika : @Uttam: Is there any big volume at 1:21:06in BNF?
13:41 NP : 29500CE has seen huge addition in OI ……. would be interesting to see how it reacts if any bounce comes
13:41 Thanika : i see around 21K as seller
13:41 Thanika : at 29275 price point
13:42 Uttam : we got 30k buyer there Thanika
13:42 NP : HDFC Bank at day high
13:42 Uttam : 22k one & 6k one
13:42 Govind : Uttam, BNF as the profile stands this moment if combined with the 2 day comp, would it still be a 3-1-3 as it has been trading primarily in that comp range or am I wrong?
13:42 Thanika : ok, cool, thanks
13:43 Govind : ICICI has lost around 1.4% from it highs
13:44 Govind : ICICI saw some serious CE writing yesterday.
13:44 Himanshu : today Axis result – below 710 – bad
13:44 Uttam : BNF getting ready for 29425-475 again?
13:44 Himanshu : selling on – may be insiders knows
13:45 Uttam : needs to get above 29360 & sustain
13:45 Anubhav : yes im looking for a high close now
13:45 Anubhav : bulls have defended well
13:47 Himanshu : Thanika
13:47 Himanshu : BN spot – seems getting weak again
13:47 Himanshu : RBL is going Yes Bank way
13:49 NP : INDUSIND Bank …… vertical fall
13:50 Shubro : who are they exposed to now/
13:50 Thanika : it is weaker from 11:00am onwards
13:50 Govind : Indus was up .8%
13:50 Govind : Damn
13:51 Shubro : Naren should i drown my hopes for a spike up
13:51 Govind : Spot is catching up guys
13:51 Himanshu : Nifty Spot on Daily forming classic Doji
13:52 Himanshu : with higher low then yday
13:52 Himanshu : Inside Bar
13:52 Himanshu : Except – Algos – or 2.40 Move we have to wait
13:52 Anubhav : coin toss mode again
13:53 Anubhav : nf
13:53 NP : @ Shubro …… i feel a bounce is still possible .
13:54 NP : ICICI needs to hold lows ….. or else bank nifty will again tank lower
13:54 Anubhav : gayo
13:55 NP : except HDFC and ICICI all other components of BN are too weak
13:56 Shubro : bounce banta hai
13:57 Anubhav : dekho
13:57 Anubhav : above vwap is baar gayi to day high pe hi rukegi
13:58 Shubro : D low secure Uttam?
13:58 Shubro : sorry day low
13:59 Anubhav : i ka low na tootey bas
13:59 Anubhav : aakhri umeed
13:59 Shubro : un f**ing relenting
13:59 NP : indiabulls …… look at the fall in last 1 hour
13:59 Shubro : something to do with swamy letter
14:00 Anubhav : swami ko defamation notice bhejna chahiye tha ab tak
14:00 Anubhav : and mkt cap loss jitna damages maango saale se
14:01 NP : +1
14:01 Shubro : swamy is our own trrump
14:02 Anubhav : lol
14:02 NP : aajkal BJP ka sabse bada agenda hai MARKET CAP DAMAGE ….. budget se lekar aajtak dhulai ho rahi hai
14:02 Anubhav : khud lena hoga saalo ko low price pe
14:03 Anubhav : jo excess paisa hoga vo mf me daal rahe honge pakka
14:03 Shubro : sabke account mein 5 reliance shares
14:03 Anubhav : tabhi dii are not running dry
14:03 Anubhav : buying is always more than fii selling
14:03 Anubhav : this cant be retail money
14:04 Govind : Can anyone check thebnf pax pain please?
14:04 Himanshu : 20300
14:04 Himanshu : 29300
14:04 Govind : it has moved from 29400 to 29300 today, I think
14:05 Govind : Thanx H
14:05 Himanshu : and PCR .75
14:05 Himanshu : in BNF
14:05 Himanshu : NF 11200 with PCR .66
14:06 Shubro : aur yeh bnf pipe chandne ki koshish
14:06 Shubro : chudail mode on
14:06 Himanshu : If it want to close high above 400
14:06 Himanshu : will once shake off longs
14:06 NP : kotak is now trying to bat for bulls
14:07 Himanshu : No Bulls are using Kotak to Bat
14:07 Himanshu : haa haa
14:07 NP : ha ha ha
14:07 Shubro : hehehe
14:07 Himanshu : low liquidity items are used always
14:07 Himanshu : since FIIS are seliing HDFC bank
14:07 Shubro : batting order change
14:08 Himanshu : or else they were using it profusely
14:08 Shubro : Bhai aaj isko kuch polao
14:08 Himanshu : 29510 Ke niche BNF want to kiss 29050
14:08 Anubhav : ibh coming in nf above bwap
14:08 Himanshu : or atelst 20150
14:08 Himanshu : 29150
14:08 Himanshu : Aisi meri Buddhi kehti hai
14:09 NP : if we take out day low then it’s going to be capitulation .
14:09 Himanshu : Matlab – no position for night
14:09 Himanshu : I will put my pillow also in cupboard
14:10 NP : next 100 points will be like hot knife in butter
14:11 Govind : 29200 pe oi dropping
14:11 Himanshu : 11200 PE is not worried at all
14:11 Himanshu : think Amit Shah has huge pos there
14:12 Shai : Intra – short BNF 29220-29226 sl of 29360 tgt 28980
14:13 Shai : slightly bigger stop loss on this one time frame lower in BNF and want to hold this till 3 pm or tgt
14:14 Shai : since B it is LH and LL
14:14 Shai : wow
14:14 Shai : 2913-
14:14 Shai : aane do
14:14 Shai : 29090
14:14 Shai : who is in with me?
14:15 Govind : Me
14:15 Shai : 29055
14:15 Govind : 29200 PE
14:15 Surinder Sihag : it is already 29020
14:15 Shai : 29030
14:15 Boppanna : +1 2900pe
14:15 Shai : aa gaya tgt
14:15 Boppanna : 29000pe
14:15 Shai : BNF at 29040 Book half
14:15 NP : 29000PE …… 87-164 ….. all out ….. #QuicTrade ….. le ghapaghap de ghapaghap
14:15 Himanshu : What a call
14:16 Himanshu : Chief this was like – Fastest finger
14:16 Shubro : what a calllllll
14:16 Shubro : 29200 PE 140 to 301
14:16 Himanshu : Could have held on to 29465 Short BNf
14:16 Govind : 29200 PE 190 to 272
14:16 Govind : Shubro!!
14:16 Shai : that drop was 200 in 3 mins
14:16 Himanshu : FOMO -( feeling of Messing up)
14:17 Shai : buggers came for my SL earlier πŸ™‚
14:17 Shubro : Govinda a la re
14:17 Himanshu : Chief PWL if held – can slow recovery
14:17 Sai : great call shai…booked for 12 lots.. thanks
14:17 Shai : has ro break below 11175 PL
14:17 Shai : Cheers Sai
14:18 Shai : These are quick markets , have to be decisive and fast. The market won’t wait for you
14:18 Shubro : Shai take a b ow
14:18 Shubro : beer saved for u
14:18 Shai : one more short here sl of 29200
14:18 NP : (14:09) NP : if we take out day low then it’s going to be capitulation .(14:10) NP : next 100 points will be like hot knife in butter(14:15) NP : 29000PE …… 87-164 ….. all out ….. #QuicTrade ….. le ghapaghap de ghapaghap
14:18 Shubro : and vengeance!
14:18 Shai : same tgt
14:18 Govind : Cool
14:18 Shubro : and NP man u are a crystal ball
14:18 NP : done for the day
14:18 Shai : this is the pwer of one time frame lower in BNF
14:18 Govind : 6 DT
14:19 Shubro : same Govind 6 DT
14:19 Himanshu : Govind bolo hari gopal bolo
14:19 Shai : (14:13) Shai : slightly bigger stop loss on this one time frame lower in BNF and want to hold this till 3 pm or tgt
14:19 Himanshu : Me – am Vella from 1.20 Onwars
14:19 NP : what a coincidence …. me too @ 6DT
14:20 Govind : Haha, we need to get a beer then
14:20 Govind : or 6 beers
14:20 Himanshu : 18 DT – Ka Dabba banao –
14:20 Himanshu : And celebrate with us,,
14:20 Shai : 29065
14:21 Shai : this should hustle next 1 hour
14:21 Shai : stay short NF below 11175
14:21 Shai : full risk on mode
14:21 NP : it’s going to be carnage now
14:21 NP : margin calls
14:21 Shai : 29020 + 100 – (14:18) Shai : one more short here sl of 29200
14:22 NP : BN Spot 28850 on cards it seems
14:22 Shubro : hit that 29200 again now 290 to 324
14:22 NP : below that freefall mode
14:23 Uttam : 11200pe from 50 to 69
14:23 Uttam : holding monthly 11000pe now
14:23 NP : i am staying out now ….. saving my profits
14:23 NP : congrats uttam
14:23 Shai : tgt done in BNF
14:23 Shai : now 11111 in NF says Bot
14:23 Shubro : yeah same thanks for saying that nP
14:23 Shai : told you guys weak lows per OF and would be taken down
14:24 Govind : 29000 PE from 199 to 230, in that second fall
14:24 Shai : stay short NF
14:24 Shai : spot is moving to 11030
14:24 NP : (14:22) NP : BN Spot 28850 on cards it seems
14:24 NP : lo aa gaya
14:25 Shai : BNF 28950 . Boook remining lots for +370 points in this trade
14:25 Govind : 29300 PE is at 480, damn
14:25 NP : great!
14:25 Govind : Awesome trade Shai!!
14:26 Uttam : what a call Shai +1000
14:26 Shubro : dinga a ling
14:26 Shai : cheers
14:26 Sai : nifty we will hold or exit?
14:26 Shubro : Shai Shai Shai muaaah
14:26 Shai : don’t regret
14:26 NP : Great Call Shai Sir
14:26 Shai : Tere is opp on a bounce. let them bounce it
14:26 Shai : 11175 res now
14:27 Govind : Now, this has left the 2-day comp :), what a move
14:27 Shubro : i bloody thot its 3 pm
14:28 Shubro : its ONLY 2:28 hahahha
14:28 Shai : 11199 sl for 11111
14:29 Govind : Anu’s algos in play today πŸ™‚
14:30 Govind : long day, Shubro?! πŸ™‚
14:30 Shubro : no refreshed Govind
14:30 Shubro : hahaha
14:30 Govind : I bet you are πŸ™‚
14:31 Shubro : i never let go of that Shai short
14:31 Govind : I did in the initial pullback and shorted higher with a lower strike
14:31 Govind : just counting my chickens man
14:32 Shubro : i wanna sleep well after today
14:33 Shubro : this is again looking dangerous
14:34 Shubro : i think FII’s gave up on banks toay
14:34 Shai : 29155 sl in BNF shorts now
14:34 Shai : hold is till 3.15 pm
14:34 Shubro : eh Shai more to come BNF?
14:34 Shai : 100 more below lows
14:34 Shubro : wakao
14:35 Shai : cmp 11145 – (14:28) Shai : 11199 sl for 11111
14:35 Shai : aane do
14:35 NP : 11060 nifty spot coming soon
14:35 Shai : 11133
14:36 Sai : shud we book?
14:36 Shai : reduce soom
14:36 Shai : add again
14:36 Himanshu : GREEN IN nf
14:37 MJ null : Shai whattey whattey
14:37 Himanshu : lic WAKE UP
14:37 Shai : 11127
14:37 NP : last leg of fall is always BRUTAL .
14:37 Shai : won;t be last
14:37 Shai : miles to go
14:38 Shai : (14:21) Shai : this should hustle next 1 hour(14:21) Shai : stay short NF below 11175(14:21) Shai : full risk on mode
14:38 Uttam : +100 Shai
14:39 Govind : Awesome Call!!
14:39 NP : +1
14:39 Govind : Bot just shorted RIL
14:39 Govind : oh boy
14:39 MJ null : Shai 3 BNF trades were on 29279 short 29100 pe 29300 pe
14:39 Uttam : 1166 remember Govind in it πŸ˜‰
14:39 MJ null : and added with your call too
14:40 NP : (14:22) NP : BN Spot 28850 on cards it seems(14:22) NP : below that freefall mode
14:40 NP : free fall mode on
14:40 MJ null : miss being on system on days like these.
14:40 Anubhav : UFFF
14:40 Uttam : RIL made a pull back high at 11205.65 Govind
14:40 Shai : 11111 πŸ™‚
14:40 Anubhav : desh band
14:40 Shai : MBT.com
14:40 MJ null : salute chief
14:41 MJ null : had to log through xell
14:41 AmitJ : all out πŸ™‚
14:41 Rajiv : Shai after we are done today you have to explain this 11111 logic
14:41 Sai : yes plz explain
14:41 Himanshu : Chief – +100
14:41 Govind : 14:23 Shai : now 11111 in NF says Bot
14:42 Rajiv : Shai 45 degree coming
14:42 Govind : Rajiv and Sai
14:42 NP : +100 ….. a webinar if possible
14:42 Boppanna : lol 14:40 Shai : MBT.com
14:43 Himanshu : bring 45 on 0 Goivind – Uttam pls
14:43 Himanshu : Push for 45 @
14:43 Himanshu : 45′
14:43 Shai : next round of shorts below 11105 for 11067 sl would be 11136
14:43 Shai : short below only
14:44 Govind : VIx isstill rising
14:44 Himanshu : Algo – LIC bulao bhai
14:44 Himanshu : 45′ – Needed here
14:44 Shubro : mujhe to sift 90 degree dikh raha hai
14:44 Himanshu : Haha
14:45 Himanshu : I sold 28000 PE – weekly at 25 rs
14:45 Govind : no 45 today H, we do not have a bell
14:45 Himanshu : caus eit went from 3 rs to 25
14:45 Shai : 33 point bounce – 11136 ref
14:45 Himanshu : and 28500 @ 80 Rs
14:45 Boppanna : BNF Day COT positive not big though
14:46 Govind : Shai, is there a similar place for BNF..14:43 Shai : next round of shorts below 11105 for 11067 sl would be 11136
14:47 Shai : BNF higher risk
14:48 Govind : ok thanks
14:48 Shai : sl is still higher at 29155
14:48 Shai : not good RR
14:48 Shai : bull is not good below 11136
14:48 Shai : wait for it to go below 11105 to shorty aagin
14:48 Uttam : booked part of that 11000pe from 85 to 114
14:49 Shai : +1
14:49 Govind : +1 Uttam
14:49 NP : time to stay cautious ….. no new positions for me at least
14:49 Govind : yep, sidelines
14:49 Uttam : thanks guys – Shai had mentoned to take that PE if 11250 spot does not hold
14:49 Anubhav : gr8
14:49 Anubhav : conviction
14:51 Uttam : 11030 spot was on cards
14:51 Anubhav : greens failing again…10800 now
14:51 Uttam : no wonder Shai had been sayin these long liquidation profiles are not good for the market
14:51 NP : +1
14:51 Uttam : 11030 coming today in Spot?
14:51 Shai : yes
14:52 Shai : stay short
14:52 Shai : 11136 sl
14:52 NP : ‘LONG LIQUIDATION’ was key term
14:52 Uttam : holding on to the last part of that 1100pe here
14:52 Shai : exit orders at 11067 now
14:53 Anubhav : capitualtion possible today?
14:54 NP : yes ….. capitulation margin calls etc etc
14:54 Anubhav : aaj to saare sl ud gaye longske
14:55 Anubhav : dii giving up finally
14:56 Himanshu : LIC bulao a
14:56 Anubhav : man vs wild khel raha hai pm
14:56 Himanshu : FIIs bahut maal bech diya
14:56 Govind : CE writing in excess is always a harbinger…ICICI has fallen big…13:44 Govind : ICICI saw some serious CE writing yesterday.
14:56 Anubhav : and piche se desh ki market khatam
14:56 NP : Meanwhile …… Kedianomics is expecting a 500-600 point rally on Nifty ….. live on CNBC now
14:57 Govind : funy how they trash DMAs when it breaks
14:57 Govind : funny*
14:57 Anubhav : some greens
14:57 AmitJ : ril
14:57 Anubhav : plunge protection team
14:57 Anubhav : nirmala force
14:58 NP : don’t loose sight of USD INR
14:58 Govind : is there a 3:05 move today?
14:59 NP : possible
14:59 Anubhav : bought 11200 8 aug call
14:59 Anubhav : punt
15:00 Shubro : LIC ki phati padi hai
15:00 NP : may be one last slap at 3.05
15:00 Anubhav : ab to beizaatti hogi fm ki
15:00 Himanshu : 45 @
15:00 Himanshu : Reliance is protecting
15:00 Anubhav : kuch to karegi aunty
15:01 Anubhav : bjp party fund se hi laga degi beshak
15:01 Shubro : BNF bani chudail…sab bol chad
15:01 Anubhav : chalo chalo
15:01 Anubhav : dead cat
15:02 Shai : exit if in NF shorts
15:02 Shai : yes bounce to 11136 again
15:02 Shai : enuff done for day
15:03 Himanshu : Chief BNF can bounce to 29150
15:03 Shai : expecting 11025 on this bew auction below 11175 F tom
15:03 Anubhav : 11175 hi le aao ill be out πŸ˜€
15:03 Himanshu : ?
15:03 Shai : BN is broken
15:03 Shai : 28650 spot last of the weekly supports
15:04 Shai : below that is a free fall to 27600
15:04 Shai : some onw jot it down somewhere – we will trade it for 1 000 points
15:04 Anubhav : 0000
15:04 Shai : spot**
15:04 Uttam : perfect Shai
15:05 Shai : profiles are indicating fast drops below 11030 and 28650 both spot numbers
15:05 Uttam : Nifty spot had an ext handle at 11089-78
15:05 Shai : would be a sea of red and quick down moves
15:05 Uttam : low today right there so far
15:05 Anubhav : damn
15:06 Uttam : NF to complete 3IB?
15:06 Uttam : 11080
15:06 Govind : Uttam, we have already moved beyond your weekly spot hypos man…:)
15:06 Govind : almost
15:06 Anubhav : lol
15:06 NP : (15:00) NP : may be one last slap at 3.05
15:06 Uttam : I have more of them πŸ˜‰ last week added 2 more but didnt move so did not do it this week
15:06 Anubhav : red tuesday
15:06 NP : maar diya thappad
15:06 Shai : yes
15:06 Uttam : will update them post todays report
15:06 Shai : 3.3.05
15:07 Uttam : 11080 done
15:07 Uttam : 3IB
15:07 Uttam : also the last part of hypo2
15:07 Uttam : d) Below 11120, auction becomes weak for 11100 & 11085-79
15:07 Shubro : Shai carry shorts?
15:07 Govind : Thanks Uttam
15:07 Uttam : if you are holding from before you can Shubro
15:07 Shubro : its called a bitch slap naren
15:08 Shubro : ok
15:08 Anubhav : ouch
15:08 Uttam : else better to short on any bounce
15:08 Anubhav : dead cat died again
15:08 Uttam : Neutral Extreme in USDINR
15:08 Uttam : tagged the 1ATR doen from last weeks FA & now climbing away to glory
15:09 NP : (14:58) NP : don’t loose sight of USD INR
15:09 Uttam : +1 Naren
15:10 Anubhav : sc happeining too late
15:10 Uttam : Shai can g positionally long in USDINR?
15:10 Govind : nervous laughter in CNBC
15:10 Shubro : yesh bakwas
15:10 Uttam : new series today?
15:10 Shubro : heheheheh Govind
15:10 Govind : haha
15:11 NP : Nifty Midcap Index at 30 Month Low ….. RIP long term investing
15:11 Govind : might as well buy some land Naren
15:11 Govind : I can cultivate it at least
15:13 Shubro : I think i have an angel watching over me …i exited all my MIDCAP last november
15:13 Shubro : 10 year holdings
15:13 Govind : This combo is now a whopping Rs. 560…09:26 Govind : Exited 29300PE/29400CE combo at 293. Entered yesterday at 251.
15:14 Govind : Crazy! My head was in the right place
15:14 Anubhav : i lost in midcaps in last bear mkt whe rpower got listed…uske baad se no demat account only fno
15:14 Uttam : weekly ATR now done in both Govind πŸ™‚
15:14 Govind : Congrats Uttam!
15:14 Uttam : did expect it on Friday that will happen in a day or two
15:15 Govind : Y’day’s afternoon pb slowed it down
15:15 NP : ab margin call wale bechenge aakhiri 15 minutes
15:16 Uttam : gosh I need to add so many strikes of options now
15:16 NP : true
15:17 NP : 24 inch monitor is not enough …. now we need a 42 inch tv screen …. ha ha ha
15:17 NP : with so many strikes
15:17 Uttam : lol Naren
15:18 Govind : haha, me 2 man
15:18 Govind : I have 2 screens
15:18 Uttam : need to add them in Ami but at one time watching only one strike price
15:18 Uttam : I have 2 monitors, took another ultra wide for my new Ami set up
15:18 Govind : yeah, I saw the pic…looks awesome
15:19 Shubro : i have 1 7 year macbook…my fingers are like swipe surgeons
15:19 Uttam : _/\_ now that the room charts are a bit condensed watch Ami on that one
15:19 Shubro : 7 year not 17 lol
15:19 Uttam : lol Shubro
15:19 Shubro : but monitor setup coming
15:20 Shubro : moving to my new home soon
15:20 Uttam : you should have been on the board of Apple then πŸ˜‰
15:20 Uttam : oh nice Shubro
15:20 Uttam : all the best
15:20 Shubro : u should see my fingers end of day
15:20 Shubro : they are red
15:20 Shubro : thanks Uttam
15:20 Uttam : @Shai USDINR can carry long or book at close?
15:20 Uttam : entered at 69
15:21 Shubro : sold the 68.5 PE Aug
15:21 Shai : haven’t tracked it in the new series
15:21 Shai : dont have a chart yet
15:21 Uttam : oh ok Shai
15:21 Uttam : Neutral Extreme there today
15:22 Uttam : plus a weekly FA too at lows
15:22 Shai : okay
15:22 Govind : wonder what the fii data was from y’day, as of market opening today we did not have that data from nse
15:22 Shai : will look it up
15:22 Shai : we had data
15:22 Uttam : sure Shai, thanks
15:22 Shai : Suyog put it up
15:22 Shubro : ok guys running off awesome day thanks Shai
15:22 Shubro : bye friends!
15:22 Shai : Cheers
15:22 Shai : tc
15:23 Govind : Bye Shubro
15:23 NP : Indeed a Wonderful Day
15:23 Anubhav : late greenslike yest
15:23 Uttam : yesterdays data not there Shai as not updated by NSE
15:23 Shai : one boujce may come in BNF eary at open tom
15:23 Shai : sl of 28730
15:23 Shai : but carry is a risk can trade quick at open tom
15:24 Rushabh : https://twitter.com/vish107/status/1156105288749146112?s=20
15:24 NP : Bye ….. have a Nice evening …. you guys have a beer and I will enjoy my COFFEE
15:24 Gaurav : came around noon, around 20k index fut shorts
15:24 Gaurav : FIIs
15:24 Anubhav : sc
15:24 Anubhav : in nf
15:25 MJ null : Bye all. 2 weeks target done in a day
15:25 Anubhav : gr8 mj
15:25 MJ null : thanks Shai
15:26 MJ null : Shai you are so good
15:26 NP : Congrats MJ
15:26 Uttam : dPOC shifting lower in BNF
15:26 Uttam : at 28850
15:26 Uttam : NF also has good vol here at 11095
15:26 Uttam : He is the BEST πŸ™‚ (15:26) MJ null: Shai you are so good
15:26 Shai : Cheers Man
15:26 Anubhav : wow
15:26 Govind : Let’s stay with this guys…15:03 Shai : 28650 spot last of the weekly supports15:04 Shai : below that is a free fall to 2760015:04 Shai : some onw jot it down somewhere – we will trade it for 1 000 points15:05 Shai : profiles are indicating fast drops below 11030 and 28650 both spot numbers15:05 Shai : would be a sea of red and quick down moves
15:26 Uttam : cheers Shai & lets keep rocking
15:27 NP : +1
15:27 Shai : a little bit of the puzzle if everyone unravels we get the entire jig saw sorted
15:27 Shai : work as a team
15:27 Shai : all can make more
15:27 Govind : Yes Shai
15:27 NP : true
15:27 Rajiv : +100 Shai
15:27 Govind : we have a good team here
15:28 Anubhav : r these sc or otf longs?
15:28 NP : seems intraday guys covering
15:28 Shai : covering intra
15:28 Shai : Bye all. Have a nice evening
15:28 Shai : catch up tom
15:28 Govind : Bye
15:28 Anubhav : bbye
15:28 Uttam : thanks All πŸ™‚ have a lovely evening
15:29 Himanshu : Out in 2800 pE 25- 12
15:29 Uttam : jaate jaate bhi trade πŸ˜‰
15:30 Himanshu : NO was in at second hit of 28800
15:30 Himanshu : and in 28500 PE
15:30 Himanshu : at 80
15:30 Uttam : oh ok πŸ™‚
15:30 Himanshu : carrying – 4 lot short for tom
15:31 Thanika : Bye all
15:33 Himanshu : Bye all
15:33 Himanshu : thanks ws eventful day – some great calls by Oga Shai
15:34 AmitJ : bye all

Order Flow charts dated 30th July

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 : Intra – Sell BNF 29505-500 sl of 29587 tgt 29410

09:30 Shai : (09:30) Shai : BNF 29440- Book half here and ride some at cost

09:41 Shai : (09:41) Shai : BNF at tgt book fully for now

10:43 Shai : (10:43) Shai : Intra – keep an NF buy abv 11266 sl of 11244 tgt 11290

10:57 Shai : (10:57) Shai : Ignore the NF – Buy abv **

11:33 Shai : (11:33) Shai : Intra – Short BNF 29360 sl of 29465 tgt 29200/ 29153

11:45 Shai : (11:45) Shai : BNF at 29280 . Book half here and ride some at cost

11:45 Shai : (11:45) Shai : BNF at 29280 . Book half here and ride some at cost

12:10 Shai : (12:10) Shai : BNF tgt done. We will book fully here.


09:02 Vtrender Live : 30 min charts – https://join.me/977-788-255
09:03 Vtrender Live : option charts – https://global.gotomeeting.com/join/342950981
09:06 Himanshu : Good Moring All
09:06 Shai : GM all
09:06 Shai : https://vtrender.in/market-profile-analysis-dated-26th-july/
09:07 Shai : https://vtrender.in/weekly-charts-22nd-july-to-26th-july-and-market-profile-analysis/
09:08 Krishan : gm all
09:11 Bhupinder : Good Morning
09:12 Uttam : Good Morning All πŸ™‚
09:13 Govind : Huge gap up in BNF
09:13 Govind : into the singles
09:13 Uttam : ICICI
09:13 Govind : Yeah
09:14 Uttam : Shai did mention at close BNF was good
09:14 Jitender : sold into πŸ™‚
09:14 AmitJ : 0’s
09:15 Shai : 29676 supply on day in BNF
09:15 Shai : 11328 ref line in NF to monitor auction
09:17 Jitender : 445 in bnf..fryday’s lvl on watch
09:19 Uttam : BNF in the process of leaving a huge tail at top
09:19 Uttam : ORR for now
09:20 Uttam : needs to get abv 29510
09:23 Shai : Intra – Sell BNF 29505-500 sl of 29587 tgt 29410
09:29 Jitender : 445 ..half booked πŸ™‚ (09:14) Jitender : sold into :)(09:17) Jitender : 445 in bnf..fryday’s lvl on watch
09:29 Jitender : morn ritual dana done dan
09:29 Shai : +1
09:29 Jitender : tx
09:29 Uttam : congrats Jit
09:29 Govind : COngrats Jit
09:30 Shai : thick VA is 4540 340 MB
09:30 Uttam : 0s in NF at 11295
09:30 Jitender : tx guys
09:30 Shai : BNF 29440- Book half here and ride some at cost
09:30 Uttam : +1 Shai
09:31 Uttam : 29415-405 imp zone to hold else more downside possible in BNF
09:31 Jitender : ys
09:31 Shai : eay trade with the 0’s showing rejection of open
09:31 Govind : +1 Shai & jit
09:32 Jitender : maruuuuti
09:32 Uttam : 50k green stuck at 11290
09:32 Govind : 29400 PE OI needs to drop
09:33 Shai : A simple backtest over the weekend revealed a quick 45- 65 points in the BNF and 18- 26 points in the BNF when these 0’s come. They have a very high strike rate for success of trades when they come in the IB and last hour
09:33 Jitender : wow
09:33 Shai : if in the IB they get inverted only when other 0’s show up
09:33 Uttam : super Shai, can be very useful info
09:34 Shai : more the merier so a row of 8 > row of 6 with a row of 2 least probability
09:34 Jitender : on a 1m or 5min tf
09:34 Jitender : ?
09:34 Shai : 5 min
09:34 Jitender : grt
09:39 Shai : if 29410 breaks we could get near to 29230/ 29150 near close
09:39 Shai : park some profilts into an OTM PE and wait
09:39 Jitender : bookd all
09:39 Jitender : grt Shai….good morn tx 2 u
09:39 Shai : +1
09:40 Shai : Cheers
09:40 Govind : 29400 PE 199 to 233, done
09:40 Jitender : congo
09:40 Govind : Great start to the week, congrat to all
09:40 Uttam : 26k green in NF first sign of RB
09:41 Govind : Thanks Jit
09:41 Shai : BNF at tgt book fully for now
09:43 Uttam : 11280-290 now supply zone in NF
09:43 Govind : That was a god clean exit guys, thanks
09:43 Govind : good*
09:45 Govind : ICICI is showing more giddyup
09:45 Uttam : more greens in NF
09:45 Rushabh : news?
09:46 Govind : No
09:46 Shai : COT did not show selling below 29410
09:46 Uttam : yes RB in BNF at 29415
09:46 Shai : 11262 also a good supp in NF
09:46 Uttam : POC on 30mins also shifted down in BNF
09:46 Uttam : from 29501 to 29460
09:51 Uttam : 11265 or 11290 needs to be taken out in NF
09:53 Govind : IBulls guy on TV
09:54 Uttam : that RB fellow getting out?
09:54 Uttam : 28k red in NF
09:57 Shai : 29300 pe should do 204 now
09:57 Shai : big mobe abv 204
10:06 Shai : 152 sl for thsi
10:06 Shai : early morning reds at 187
10:06 Shai : reacted again just now
10:14 Govind : Bot just shorted NF
10:15 Govind : It must have read Uttam’s hypos πŸ™‚
10:15 Himanshu : hAHA
10:15 Himanshu : They have setting
10:16 Himanshu : Nirmala Agreed to hear FPI issue
10:16 Govind : Weakness below 11319 HVN
10:19 Uttam : 50k morning buyer exiting here?
10:19 Uttam : at 11255?
10:23 Uttam : 11250 OI getting ready for a crossover?
10:24 Jitender : were is it ? (10:16) Himanshu : Nirmala Agreed to hear FPI issue
10:25 Shubro : Jit i think indian express
10:25 Govind : Interview to ET, she sounded like she is for simpligying the process of trust to company but other than that I don’t think any promises were made
10:26 Shubro : sae something abt it last night as well on twitter thought itwas doctored lol
10:26 Jitender : yday news or today’s ?
10:26 Govind : Today’s
10:26 Uttam : C side ext in NF?
10:29 Jitender : tx Shubro n Govind
10:43 Shai : Intra – keep an NF buy abv 11266 sl of 11244 tgt 11290
10:49 Uttam : OI of CE & PE coming for a handshake in 11250
10:52 Himanshu : hmm
10:53 Himanshu : It seems they want to Hug ,,
10:53 Uttam : D wants to go lower
10:56 Govind : Crossed over
10:56 Himanshu : CE crossed over
10:56 Himanshu : Govind – You are behind this
10:57 Shai : Ignore the NF – Buy abv **
10:57 Shai : window closed
10:57 Uttam : that was in case of a failed C side ext Shai?
11:01 Shai : yes
11:01 Shai : was looking for vwap+
11:04 Uttam : +1 Shai thanks
11:22 Shai : auction has slowed down a lot more than expected
11:22 Shubro : slowed down is good or bad SHai
11:22 Shai : 12 poimt range in NF klast 40 mins
11:22 Shubro : ?
11:23 Shai : slow down means no volume particpation
11:23 Shubro : ah ok thx Shai
11:23 Shai : 35 points in BNF last 40 mins
11:25 Shubro : fishy fishy looks like news coming
11:26 Shubro : both want to take a dump
11:27 Shubro : yay potty time
11:27 Shai : had to go
11:27 Shai : 0’s
11:28 Sumit : 71 k bnf
11:28 Sumit : sl ?
11:28 Rushabh : no buyer on both i think
11:28 Shai : yes
11:28 Jitender : πŸ™‚ (11:27) Shubro : yay potty time
11:29 Shai : 29300 pe did not move
11:29 Shai : πŸ™
11:29 Shubro : 160 to 191 29300 PW
11:29 Shubro : PE
11:30 Uttam : 1.5 IB done in NF
11:30 Shubro : bach gaya almost exited taking a hit
11:30 Himanshu : Exited 29600CE and 29500 CE – 3 DT
11:30 Uttam : 11181 coming todday?
11:30 Govind : Congrats Shubro & Himanshu
11:30 Shubro : Shai zeros above and below – range defines in BNF?
11:31 Shai : these are stops ones
11:31 Shai : nit as imp , but yes a supply now as expecting more stucj players to liquidate
11:32 Gaurav : BNF has 73 K green
11:32 Shai : stops
11:32 Gaurav : OI Dropped?
11:33 Shai : also an example of how COT can mislead here
11:33 Shai : Intra – Short BNF 29360 sl of 29465 tgt 29200/ 29153
11:34 Jitender : congo Shubro
11:34 Shubro : hey hey Jit thanks sire!
11:35 Himanshu : Uttam – Phone gumao – 1.5 iB oone
11:35 Himanshu : Done..
11:35 Himanshu : LIC
11:35 Uttam : 11181 chahiye aaj
11:36 Himanshu : Kyon lene ke liye tule ho
11:36 Uttam : 11250 now new res in NF
11:36 Uttam : prev week;s low plus ext handle
11:37 Uttam : 0s there as of now
11:37 Gaurav : OI dropping on these LLTs means shorts covering right?
11:37 Himanshu : Uttam – in last 5 mts lots of green
11:37 Himanshu : in NF are they sL
11:37 Shai : 202.4 for now , lows were at 152.9 (09:57) Shai : 29300 pe should do 204 now(10:06) Shai : 152 sl for thsi
11:38 Uttam : yes Himanshu as we have lots of 0s also
11:40 Govind : Vix still rising
11:41 HPandey : uttam shai r thry r SLs of buyer or seller?
11:42 Uttam : whose SL will be hit if we go lower HPandey?
11:42 HPandey : buyer uttam
11:42 Uttam : +100
11:42 Uttam : so these are the buyers SL getting hit
11:43 Uttam : and that big green we see is not a new biyer but a collection of longs getting their SL hit
11:43 Uttam : gone
11:43 Uttam : round 2
11:43 Uttam : 11216…..35 more to go
11:43 Rushabh : uttam wouldnt that be a red then?
11:44 HPandey : oh yes ..bhaiya told me…actually i m himanshu cousin..sorry for silly questions
11:44 Shai : PE also moving now with F
11:44 Uttam : no questions are silly as they all help us to learn more (11:44) HPandey : oh yes ..bhaiya told me…actually i m himanshu cousin..sorry for silly questions
11:45 Jitender : ORR fr a monday morn..aur kya chaiheye !!
11:45 Shai : one more 0’s : – (09:31) Shai : eay trade with the 0’s showing rejection of open
11:45 Uttam : maine bola tha πŸ˜‰
11:45 Jitender : +1
11:45 Shai : BNF at 29280 . Book half here and ride some at cost
11:45 Jitender : Eagle Eyes (11:45) Uttam : maine bola tha πŸ˜‰
11:45 Uttam : _/\_
11:45 Shubro : DT done nice and easy
11:46 Jitender : dbl of it done πŸ™‚
11:46 Rushabh : (11:43) Rushabh : uttam wouldnt that be a red then?they would be on the sellers side right uttam?
11:46 Shubro : super duper aap to bahubaali ho
11:47 Uttam : (11:30) Uttam : 11181 coming todday?
11:47 Uttam : 15 more to go
11:47 Shai : +1
11:47 Uttam : 2 IB done in NF
11:48 Jitender : perfect
11:48 Himanshu : Spot did – 11181#
11:48 Shai : coming quick- (09:39) Shai : if 29410 breaks we could get near to 29230/ 29150 near close
11:49 Uttam : NG 11185
11:49 Uttam : NF*
11:50 Govind : 29200PE from 155 to 190, done
11:50 Jitender : fryday close sellers r also 200 points in profit..if tey held the morn nerve
11:51 Uttam : (11:36) Uttam : 11250 now new res in NF(11:36) Uttam : prev week;s low plus ext handle(11:37) Uttam : 0s there as of now
11:52 Uttam : 11182 new low in NF…
11:52 Uttam : 70 points almost from that ext handle
11:53 Uttam : looks like some RB coming in both
11:53 Uttam : some late reds getting stuck in NF
11:53 Govind : You got your weekly 1 atr in NF Uttam πŸ™‚
11:53 Uttam : couple of 25k reds at lows
11:54 Himanshu : Spot has 11102 Suppot
11:54 Govind : 10:16 Govind : Weakness below 11319 HVN
11:54 Himanshu : Govind bolo hari
11:54 Govind : It was all in the Hypos +1 to UG!!
11:54 Himanshu : UG is Uttam Guidence
11:55 Gaurav : +1
11:55 Rushabh : shai if buyers’ sl is hit how is that the 90k green is a byer exiting? should be on the sellers side right?
11:56 Uttam : _/\_ thanks guys but we need to keep this going on a daily basis
11:56 Uttam : @Rushabh are you able to see all the orders there?
11:56 Himanshu : YEs
11:56 Uttam : there are so many 0s right
11:56 Rushabh : yes
11:56 Himanshu : Uttam – NOw longs at 11210 – 240 Zone should not flip ,,
11:56 Uttam : if you see all orders then what you say is right that SL of green shd be red
11:57 Himanshu : We had HNI – OTF longs – at this range
11:57 Uttam : no longs Himanshu only shorts on rises
11:57 Himanshu : But we saw longs at 11210-240 range last week,,
11:57 Uttam : shorts have got fresh ammunition at start of the week
11:57 Uttam : 11181
11:58 Uttam : BNF’s chance to go for 2IB
11:58 Uttam : 1.5 done here
11:58 Shai : stay short
11:58 Uttam : 29250-220 sup in it
11:58 Shai : 11160 / 11120 visible
11:59 Uttam : +1 Shai
11:59 Shai : 11038 next swing supp on spot
12:00 Shubro : BNF oversold i think la
12:00 Anubhav null : aa gaye diii
12:00 Uttam : (10:49) Uttam : OI of CE & PE coming for a handshake in 11250(10:53) Uttam : D wants to go lower what D did not do E did πŸ˜‰
12:01 Uttam : DD day also a possibility as E is the apt time to break for a DD
12:01 Shai : nice
12:01 Uttam : thanks Shai πŸ™‚ _/\_
12:04 Shai : close below 11150 spot adds momentum to the breakdown
12:04 TP : GA All.
12:04 Shai : swing scale
12:04 Shai : Break is convincing now below 11250
12:04 TP : Looks like room shorted like hell and all DT’S achieved πŸ˜‰
12:05 Govind : Zero HUnters TP πŸ™‚
12:05 Shai : be very scared if you are an investor
12:06 Uttam : not yet Govind…(11:53) Govind : You got your weekly 1 atr in NF Uttam πŸ™‚
12:07 Uttam : so you covered all your PEs & now get time to greet Tej πŸ˜‰
12:07 TP : haha ….no Uttam !
12:07 Bhavani : Hai Guys, Second day for me.. Seen a few videos sent in welcome kit and learning actively
12:07 Bhavani : Seems that the whole market is shorting..
12:08 Govind : Vix is now zooming
12:08 Uttam : @Shai spot can do 10776?
12:08 Uttam : that is the 2ATR from monthly FA of 11982
12:08 Shai : 10600
12:08 Uttam : perfect
12:09 Govind : HDFC twins are leadin this rout
12:09 Uttam : poor guys till when would they hold
12:10 Shai : BNF tgt done. We will book fully here.
12:11 Uttam : +100 Shai
12:11 Uttam : that ‘F’ tpo standing out in the profile could get a revisit in both?
12:11 Shai : 0’s from here – (09:15) Shai : 29676 supply on day in BNF
12:11 Uttam : 29320 & 11220
12:11 Shai : and icici hasn’t move also
12:12 Shai : second set at 29395- (11:27) Shai : 0’s
12:12 Uttam : close below 11150 spot can get 11025 this week Shai?
12:15 Shai : yes
12:15 Uttam : thanks Shai..BOT part booking that short
12:16 Uttam : 11266-11194
12:16 Uttam : nice 50points in good time
12:16 Uttam : 2 hours to be precise
12:18 Rushabh : BNF yest shorts all out?
12:20 Jitender : tis was also key…as it didint scale poc after tat…my 2nd trade entry point (09:46) Uttam : POC on 30mins also shifted down in BNF(09:46) Uttam : from 29501 to 29460
12:20 Uttam : yes guys please check the POC on 30mins they have been coming down since morning
12:20 Uttam : in bth
12:20 Uttam : NF A period was IS at 11306
12:21 Uttam : from double distribution is NF & BNF planning to go for a triple?
12:25 Sumit : 29155 coming
12:25 Sumit : ?
12:26 Shai : yes
12:30 NP : 11000CE … 260 – 179 … booked fully …… just 1 trade from morning ……. just ignored the noise and kept trailing the SL
12:31 Shubro : +2 Naren
12:31 Shubro : hehe
12:31 Govind : Congrats Naren
12:32 NP : Thanks
12:34 Govind : BNF another 100 points to PDL
12:38 Anubhav : 11240 test?
12:42 Anubhav : go green!
12:43 Shai : if holding BNF short still cut and short higher
12:43 Shai : one upmove can come
12:46 Govind : ICICI giving it up
12:48 Anubhav : maruti not giving 5600 up
12:48 Anubhav : some otf buying
12:48 NP : 11000CE ….. 185-195 …. all out
12:49 Shubro : 29200 150 to 180 CE
12:50 NP : Superb
12:50 NP : Congrats
12:50 Govind : COngrats guys
12:50 Himanshu : 28800 PE – 64 ( 53 – On _
12:50 NP : Congrats
12:51 Himanshu : LIC babus post Lunch and afternoon Nap
12:51 Himanshu : will wake up
12:51 Anubhav : lol
12:52 Shubro : thanks Naren
12:52 Shubro : danke! Govind
12:55 Himanshu : Uttam – V/s last 2 days composite
12:55 Himanshu : we have POC at 29250 there
12:59 Uttam : BNf made higher Value on Friday Himanshu
13:00 Uttam : before Friday 2 day comp poc was at 29200
13:00 Uttam : where it is taking sup for now
13:02 Uttam : (12:11) Uttam : that ‘F’ tpo standing out in the profile could get a revisit in both?(12:11) Uttam : 29320 & 11220
13:02 Himanshu : Good am short in 28800 PE@ 61
13:02 Himanshu : 29200 – BNF is ref line for me then – thanks uttam
13:10 Shubro : BNF is going to disco today both ways
13:10 Anubhav : bulls trying to defend
13:11 Shubro : Nirmala ne bola hoga chall take it to 12000 phir doongi
13:11 Shubro : matlab tax break πŸ˜›
13:13 Jitender : minor dist at 390-300 bnf ?
13:13 Uttam : 290-300
13:13 Uttam : ?
13:14 Shubro : shabash
13:14 Himanshu : zeros
13:14 Himanshu : is it liquidity issue
13:14 Himanshu : there or ressitance
13:15 Anubhav : nice
13:15 Jitender : yh Uttam (13:13) Uttam : 290-300
13:15 Prudhvi : going for vwap?
13:16 Uttam : +1 Jit
13:16 Uttam : both get tagged (12:11) Uttam : 29320 & 11220
13:16 Shubro : 29300 CE 140 to 160
13:17 Govind : What a comeback
13:17 Shai : here – (12:43) Shai : one upmove can come
13:17 Jitender : +1
13:17 Anubhav : nice
13:18 Govind : Shubro, same here…29300CE 138 to 158
13:18 Shubro : tadaa nice Gov
13:18 Himanshu : Exited – 28800 PE & 29000 Pe ( 64 – 48)
13:18 Govind : COngrats guys
13:19 Shubro : good trades today fine day so far
13:20 Himanshu : yes
13:20 Himanshu : 6 DT
13:20 Himanshu : After – March only once ha dabove 5 Dt
13:20 NP : 29300CE …. 139-167 ….. all out
13:20 Govind : +1 H
13:20 Himanshu : Super 30 lot of Chied Sai
13:21 Himanshu : Now I will watch ( Sita- Ram)
13:22 Himanshu : NP – Jit – Govind All Congrtes for today
13:22 Himanshu : Uttam – has gone to bank
13:23 Govind : Thanks Himanshu
13:24 NP : Thanks Himanshu
13:24 Govind : This is about the time when the big guys slowly start to reappear
13:25 Shubro : 29300 spot is in resistance mode
13:25 Uttam : DD in both so far
13:26 Uttam : with poor lows in BNF
13:26 Uttam : BNF almost tagged VWAP
13:27 Uttam : not almost it did tag vwap
13:27 Uttam : now can resume move lower
13:27 Govind : Yeh
13:27 Govind : +1 UG
13:27 Anubhav : below 11100 spot 10800opens up uttam?
13:28 Uttam : VIX on for a Trend Day up Shai?
13:29 Govind : Hello
13:29 Uttam : 11150 spot is what Shai mentioned and a close below it can get a faster move lower
13:29 Anubhav : ok thnx
13:31 Govind : 29200 PE OI needs to dropand CE OI needs to go up
13:32 Govind : they were headed in that direction but changed directions in the upmove
13:33 Govind : AG says bnaks are showing positivity
13:33 Govind : banks*
13:34 Govind : what banks?
13:37 Jitender : DL πŸ™‚ (09:32) Jitender : maruuuuti
13:39 Jitender : Uttam..do u c 4600-4800 on it in daily..ST ?
13:43 Govind : New MB in BNF
13:43 Uttam : 5700 was imp HVN in MAruti Jit below that 5400 / 5200 & 4900 could come
13:44 Uttam : 5555 minor support here
13:44 Uttam : on EOD basis
13:44 Jitender : tx
13:44 Uttam : _/\_
13:45 Govind : ANother trip to Vwap by BNF it appears
13:45 Govind : boom
13:45 Govind : )s
13:45 Shai : 0’s
13:45 Uttam : yes
13:45 Govind : 0s
13:46 Anubhav : aa gaye sarkaari babu
13:47 Anubhav : 11240/11260 attempt
13:47 Uttam : BNF going crazy
13:47 Govind : WOW
13:47 Anubhav : news?
13:47 Shai : 11260 NF
13:47 Govind : what’s happening
13:47 Govind : No news Anu
13:48 Shai : sl below 11210 where the 0’s are
13:48 Anubhav : nirmala changed saree to green then?!
13:48 Himanshu : YEs
13:48 NP : 29300CE ….. 150-195 ….. booked fully
13:48 Shai : +1
13:48 Himanshu : I told you I will now watch Sita – Ram
13:48 NP : it was pretty fast
13:49 Jitender : sum news leak ?
13:49 Govind : Left that new MB with a force
13:49 Anubhav : yeah insiders
13:50 Anubhav : nahi to itni speed not possible
13:50 Anubhav : if no news then gud level to short?!
13:51 Anubhav : looks like algo came 1 hr early …
13:52 Shubro : taking out retail
13:52 Chetan Panchal : 30-31 fed meet – rate cut expected
13:53 NP : @ Uttam ….. any significant change in 29500CE OI in this upmove?
13:54 Govind : drop from 950k to 870k
13:54 Govind : approximately
13:54 NP : ok
13:54 Anubhav : if 11215 holds its going higher
13:57 Himanshu : Ek Minute – Phone chalu hai
13:57 Himanshu : She is looking at her papers
13:59 Himanshu : 29500 CE is about to cross 29000PE
14:01 Anubhav : damn was jus a shakeout….missed opp
14:02 Govind : Shai, is it safe to short BNF below the zeroes?
14:03 NP : seems tempting ….. but better to avoid IMO
14:03 Uttam : NF had not tagged VWAP so it did in this bounce
14:04 Govind : yeah Nare, tempting it is
14:05 NP : this is the time we need to keep in mind “CAPITAL PROTECTION”
14:05 Himanshu : Yes
14:05 Uttam : not much (13:53) NP : @ Uttam ….. any significant change in 29500CE OI in this upmove?
14:08 Govind : Bounce at the zeroes Naren
14:09 Jitender : wat do theese guys know ?
14:09 Shubro : fishy fishy day
14:10 Anubhav : hmmm
14:10 NP : something seems fishy here for sure
14:14 Shubro : 29400 CE OI not giving up
14:14 Jitender : 445 on watch again
14:14 Govind : quick scalp of 29300CE 187 to 197
14:14 Shubro : good job
14:14 NP : +1 Jit
14:15 NP : Congrats Govind
14:15 Govind : THanks bro
14:15 Uttam : both have been OTF up since G period
14:16 Uttam : will it leave a PBH here?
14:17 Govind : 09:17 Jitender : 445 in bnf..fryday’s lvl on watch
14:18 Jitender : sum leak fr sure
14:18 Govind : Sounds like it
14:18 Jitender : looks like cash buys
14:19 Govind : tunaround came when 29200 PEand CE OI reversed directions, but at the time was slow
14:19 NP : that 29500CE above 131 is going to be ROCKET
14:19 Govind : thereby curbing more downside moves
14:20 Himanshu : Yes
14:20 Himanshu : MA in 29200 PE short at 134
14:20 Himanshu : Let see
14:20 NP : PSU banks witnessing some buying in cash market
14:21 Himanshu : FCB bond issue is now finalised seems
14:21 Govind : Curious to see what Shai thinks
14:25 Uttam : J period leaving a PBH?
14:26 Uttam : lets get the confirmation then can spike lower if does give
14:27 Govind : Dang, 230pm already
14:27 NP : just imagine what will happen if ICICI banks gives up gains
14:27 Shubro : gosh
14:27 Anubhav : gayo
14:27 Uttam : Nifty spot gone
14:28 Anubhav : thappad
14:28 Himanshu : Exited 3 Rs gain
14:28 Himanshu : 29200 PE
14:28 Shubro : more to come
14:28 Govind : My God
14:28 NP : JOR KA JHATKA
14:28 NP : or this is to cut those weak longs?
14:29 NP : what say Uttam?
14:29 Himanshu : Cant know
14:29 Anubhav : coin toss mode
14:29 Himanshu : but Me ( Weak long is out)
14:29 Anubhav : hone ke baad justify karlo kuch bhi…lol
14:29 Shubro : 29300 PE 145 to 186
14:30 NP : Nifty Spot closing below 11162 will make it ugly
14:31 NP : Congrats Shubro …… you are a clear winner today ….. Superb
14:31 Shubro : thanks NP
14:31 Govind : Congrats Shubro Money
14:31 Shubro : edge of seats calls
14:31 Shubro : yo Gov
14:32 Shubro : this zone is very dangerous
14:32 Govind : Good day Shubro
14:32 Shubro : so far
14:33 Shubro : that ICICI sell of starting???
14:33 Himanshu : 29300 CE crossing 29200 PE
14:33 Ashish null : a
14:33 Jitender : 290-300 zone fr bears to brk
14:33 Govind : Yeah Shubro, below VAL could be a better place to short
14:37 Shubro : bears in control now Shai?
14:38 NP : now we need some strong trigger to scare the bears otherwise they are going to kill it …… some positive news and a gap up opening would be interesting to see
14:41 Govind : SBI is in the green now
14:41 Govind : was down 1% or so in the morning
14:42 NP : let’s see what algo is in store today ….. few minutes to go
14:42 Govind : Anu would know πŸ™‚
14:42 Shubro : cant cross vwap bnf
14:42 Anubhav : aaj algos appearing every 15 min
14:42 Anubhav : kuch bhi ho sakta hai
14:43 Govind : πŸ™‚
14:43 Shubro : very dangerous zone
14:43 Anubhav : system corrupt
14:43 Anubhav : virus
14:43 Govind : then the algo must be a good one no?
14:43 NP : ALGO DAY
14:44 Anubhav : lets see
14:44 Anubhav : popcorn mode
14:44 Govind : This happened…14:25 Uttam : J period leaving a PBH?
14:45 Shubro : algo gul?
14:48 Anubhav : ya
14:49 NP : de diya aakhari thappad
14:49 Govind : BNF VAL holding?
14:50 Anubhav : halka hai
14:50 Shubro : poch diya
14:50 NP : holding for now
14:51 Shubro : ulta thappad aayega for shorts
14:52 Himanshu : yes Vwap and POC both are up over 2 days Composite
14:52 Himanshu : let see
14:53 Jitender : sumbody defended 290-310 zone
14:53 Shubro : yeah decent defense
14:54 Anubhav : spike up in last 30 minpossible
14:54 NP : +1
14:54 Shubro : this zone wants to exit skywards
14:55 Jitender : day over fr me….tc guys
14:55 NP : jab tak 1 gap up open aake sustain nahi karta ye bears darnewale nahi hai
14:55 Anubhav : sahi baat hai np
14:55 Jitender : if today has sum news ..SC wud b fast
14:55 Shubro : ye
14:55 Jitender : if not…ten we will drift dwn
14:55 Shubro : will these release the news at 3:00
14:56 Shubro : ?
14:56 Uttam : DD down in NF
14:56 Shubro : not good
14:57 Uttam : ext handle at 1252
14:57 Shubro : yeah
14:57 Uttam : 11252
14:57 Uttam : dPOC shifting here to 11196
14:57 Uttam : it is BNF which is holding fort
14:58 Shubro : BNF at lteast vwap to chal
14:58 Uttam : overlapping value & poor lows exactly at Friday’s tail
14:59 Shubro : haan ba aaya maja
14:59 Govind : boom
14:59 Shubro : go go go
14:59 NP : too many zeroes today
14:59 Shubro : BC chad
15:00 Shubro : chad BNF chudail
15:00 NP : 3pm move aa gaya …… kitna tikega?
15:00 Uttam : started before 3:05
15:00 Govind : 29440 again?
15:01 Shubro : thats the intent
15:01 Govind : not moving
15:01 Govind : zeroes in NF
15:03 Shubro : coming…
15:03 Shubro : BNF dont cum just yet
15:04 Govind : better ifit comes at 305 Shubro?
15:04 Shubro : phusss
15:05 Govind : damp squib
15:05 Shubro : frigid
15:05 Govind : go to dpoc, come on
15:07 Shubro : 29300 is just too tough for spot right now
15:07 Govind : only 4 banx in gren
15:07 Govind : gren*
15:07 Shubro : 29500 CE gone but 400 donw?
15:07 Govind : green*, sorry
15:09 Shubro : is it late for a move now Naren?
15:09 Govind : needs to leave that MB and into the upper MB
15:11 Shubro : now its like 50-50 either way
15:11 Shubro : i am guess short
15:11 NP : on friday we had some move up in last 15 minutes
15:11 Shubro : guessing*
15:13 NP : but today bears seem to be holding a hammer in their hands and waiting for bounces …… even small bounces are getting hammered badly
15:13 Shubro : thats the trend so far
15:13 Shubro : but i’d be very vareful now with shorts
15:14 NP : +1
15:15 Shubro : close at yvwap seems like
15:16 Shubro : bnf
15:16 Govind : Alright guys, done for the day. Good day. Going to bank now
15:16 Govind : See you all tomorrow
15:16 Rushabh : todays cot reading should be taken? with so many zeroes
15:16 Shubro : hahaha nice Govind
15:16 Govind : Not in that sense shubro, haha
15:16 Govind : need to get some chillar
15:16 Shubro : yes i imagined an atm right next to desk
15:17 Govind : someday brother
15:17 Shubro : hahah
15:17 Govind : I am like a startup company
15:17 Shubro : same same
15:17 Shai : BNF is a 2 day 3-1-3 with this bounce off Friday’s singles
15:17 Govind : supposed to lose money for the first few years
15:17 Shai : could be one more day in tis zone
15:17 Rushabh : (15:16) Rushabh : todays cot reading should be taken? with so many zeroes shai?
15:18 Shubro : yeah bracket sigh!
15:18 Shai : No Rushbah
15:18 Shai : not dependable
15:18 Rushabh : got it
15:18 Govind : SO Shubro, we trade with the 2-day profile tomorrow
15:19 Govind : as Chief said
15:19 Shai : yes- highly likely
15:19 Govind : +1 Shai, thanks
15:20 Gaurav : we have US FED this week, right?
15:20 Shubro : so far looks like that
15:20 Shubro : my zones are here for now till breaks either ways
15:21 Shubro : we have a poor low in BNF so might go on to repair that tomorrow
15:21 NP : only a gap up sustaining till 10.15am will scare the bears and give a SC move across the market otherwise we are heading lower towards 11000
15:22 NP : tomorrow would be an interesting session
15:22 Anubhav : bull have balls going home long
15:23 Shubro : hahaha BNF kya kar raha hai
15:23 Shubro : Naren 29400 above 130 will rocket! u said man
15:24 NP : (15:09) Shubro : is it late for a move now Naren?(15:11) NP : on friday we had some move up in last 15 minutes
15:25 Uttam : (15:00) Uttam : started before 3:05
15:27 NP : for tomorrow no more bad news itself is going to be a good news
15:29 Shubro : yeah
15:29 Uttam : BNF dPOC shifting here at 29350 looks like
15:29 Shai : weak close still
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:30 Uttam : thanks All πŸ™‚ have a lovely evening
15:30 Uttam : looks like gap down can come tom
15:32 Himanshu : Hain Uttam atelast ek spike do in morning

Order Flow charts dated 29th July

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

09:54 Shai : (09:54) Shai : Intra- short BNF below 29240 sl of 29333 tgt 29120 . cmp 29175 short below

10:21 Shai : (10:21) Shai : Make exits in the BNF trade at 29235- 240 cost here

10:56 Shai : (10:56) Shai : Intra- short BNF again 29330 sl of 29410 tgt 29220

11:30 Shai : (11:30) Shai : BNF stoppeed Out. Make exits

12:24 Shai : (12:24) Shai : Intra – Buy 29300 pe at 203- 04 sl of 160 tgt 285.

12:53 Shai : Book the PE in minor profits at 218

13:55 Shai : (13:55) Shai : Intra – short NF 11306 sl of 11330 tgt 11255

14:20 Shai : (14:20) Shai : Exit the NF at 11325 cmp


09:03 Vtrender Live : option charts – https://global.gotomeeting.com/join/379238389
09:05 Vtrender Live : 30 min chart- https://join.me/291-432-284
09:05 Krishan : gm all
09:07 Shai : GM all
09:08 Shai : https://vtrender.in/market-profile-analysis-dated-25th-july/
09:09 Bhavani : good morning SHai. Iam a new member joiing today
09:09 Bhavani : Good morning all
09:10 AN : Good morning all..
09:10 AN : Welcome Bhavani…
09:10 Sumit : unable to open analysis link
09:12 Uttam : Good Morning All πŸ™‚
09:13 Uttam : Its opening na Sumit?
09:13 Uttam : welcome to VT Bhavani πŸ™‚
09:17 NP : keep an eye on USD INR
09:18 Uttam : 1atr tagged in that from yesterday’s FA
09:18 Uttam : Shai can continue to hold long for 69.4 level?
09:18 Shai : bnf thru value
09:19 Shai : look for 29050
09:19 NP : Nifty spot heading for 11166?
09:21 Shubro : 29000 PE 200 to 219
09:22 Govind : +1 Shubro
09:22 Govind : First ball six πŸ™‚
09:23 Shubro : are the charts stuck?
09:24 Gaurav : not here, fine
09:24 Shai : reversed from VAL
09:24 Govind : fine
09:24 Shubro : i get out quickly Govind lol
09:24 Shubro : as in cricket
09:24 Govind : bang bang and out
09:24 Govind : πŸ™‚
09:24 Shai : what’s up BNF?
09:24 Shai : πŸ™‚
09:25 Govind : ICICIB Shai
09:25 Uttam : USDINR once again unable to sustain the gap up Shai?
09:25 Govind : it reversed and BNF too
09:25 Shai : hmm
09:25 Uttam : book the longs in USDINR or can hold?
09:26 Anubhav null : shorts trapped at open
09:26 Shai : book once Uttam
09:26 Shibu null : LIC
09:27 Uttam : booked Shai πŸ™‚ thanks
09:31 Shubro : 29100 PE 195 to 210
09:35 Shai : welcome Bhavani- wish you the best on the new journey- (09:09) Bhavani : good morning SHai. Iam a new member joiing today
09:35 Anubhav null : vwap shud hold now
09:35 Anubhav null : for upmove
09:36 Shubro : everyone hoping for a reversal πŸ™‚
09:36 Uttam : looks like 2 forces fighting it out there
09:37 Uttam : can result in a big move first week of the series?
09:38 Shai : yes
09:38 Shai : esp BNF
09:38 Uttam : 11300ce being written in this upmove?
09:38 Shai : we will let ot settle
09:38 Uttam : +1 Shai
09:38 Shai : first day of a new series
09:39 Anubhav null : big greens again
09:40 Anubhav null : gst meet tomorrow
09:41 Shai : NF wanting to come back into 2 day balance
09:42 Uttam : yes 11286 VAL of the 2day bal
09:42 Uttam : right now resisting at POC
09:42 Uttam : of the balance
09:42 Rushabh : uttam 80%?
09:42 Shai : 11269 sl for 11315
09:42 Uttam : half of it already done Rushabh
09:43 Uttam : above 11304 can go for 11328
09:43 Rushabh : yeah, poc again 11355?
09:43 Uttam : that poc was for Jul NF
09:43 Rushabh : so aug must be higher?
09:45 Uttam : 11400
09:46 Uttam : poc of higher balance
09:52 Himanshu : Reliance – O = H in spot and TCS O= L in spot
09:52 Uttam : opposite action in both, NF went below PDL and got rejected and BNF went above PDH and back to yesterday range
09:52 Govind : +1 Uttam
09:52 Uttam : Open Auction in both Shai? advertising for auction still
09:53 Govind : Bhavani, welcome to Room!! Good luck!
09:53 Himanshu : SPX & FRy DAy
09:53 Shai : avoid the NF longs
09:53 Shai : BNF weakneing
09:54 Uttam : yes Nifty spot also unable to stay above 11250
09:54 Uttam : looks like will leave singles at top
09:54 Shai : Intra- short BNF below 29240 sl of 29333 tgt 29120 . cmp 29175 short below
09:55 Boppanna : cmp 29275
09:55 Shai : cmp 29275**
09:55 Shai : Thanks Bopp
09:57 Bhavani : Im relatively new to the market profile charts..Kindly suggest where can i start to understand “reading the market profile charts” and the terminology used here
09:58 Uttam : hi Bhavani, you have lot of info in the wlecome mail with links given for each topic
09:58 Uttam : would suggest you go through them to start with & then we will take it from there
09:58 Sumit : in?
09:58 Shai : BNF in
09:59 Shai : loking for that nic elittle slice
10:00 Shai : NF for 11244
10:01 Shai : the uipmove was taken out by the 38K cot near 11288
10:02 NP : 29200CE ….. 210-192 ….. booked fully .
10:02 Shubro : 29100 PE 180 to 214
10:02 Shubro : +1 Naren
10:03 Govind : +1 Naren and Shubro
10:03 Shubro : Thx bro
10:03 Uttam : congrats Shubro & Naren
10:04 Shubro : yo Uttam
10:06 NP : Thanks Uttam ….. this was my 1st option writing trade
10:09 Shubro : Naren share learning…i always F*ed up writing
10:09 Bhavani : ok
10:11 Shubro : man what vol
10:14 NP : @Shubro …. I am still in learning process and doing it in very small quantity (my capital is very limited so i can’t do it in volumes) and most important thing is I have my predefined DT and DL ….. if either of them is achieved I stop trading for that particular day
10:15 Anubhav null : bulls trying to defend at dpoc
10:17 Uttam : NF has some eds stuck at 11265
10:17 Uttam : reds
10:18 NP : yes
10:19 NP : I think it’s going to be rangebound move till 1pm. ….. a major move either side will come only in 2nd half …… it’s a first day of expiry so staying away for few hours now …. let the dust settle
10:20 Anubhav null : tough fighting
10:21 Shai : Make exits in the BNF trade at 29235- 240 cost here
10:21 Shai : has gone very rotational with vwap/ dpoc centralised already
10:31 Uttam : BNF getting support at 2day VAH of 29222
10:31 Uttam : needs to break below & sustain
10:32 Uttam : below 29200 can give quick 150 points
10:34 Uttam : both have been coiling with B inside A and now so far C inside B
10:38 Anubhav null : uri baba
10:38 Anubhav null : 11340 coming?
10:38 Shubro : aaj upar dega
10:38 Uttam : dont think so
10:38 Shubro : aiya kyon?
10:39 Anubhav null : bulls have money today
10:39 Anubhav null : od limit mili hai
10:41 Anubhav null : nirmala bank se
10:47 Uttam : those stuck reds of 11265 being forced out here looks like
10:48 Uttam : Spot taggig that 11250 again
10:52 Uttam : bringing your algos early today Anubhav πŸ™‚
10:52 Uttam : 0s at 11300
10:52 Uttam : and 29320
10:56 Shai : Intra- short BNF again 29330 sl of 29410 tgt 29220
10:57 Shubro : shorted shorted Shai!
10:57 Shai : auction completed on the 0 at 29360 + rotational nature of profile
10:58 Govind : +1 Shai
11:09 Govind : Zeroes in the same zone again
11:09 NP : sharp surge coming ….. 11300 spot on cards?
11:10 Shai : low liquidity
11:10 Shai : 340 zeroes got replaced
11:11 Shai : 3 lots traded at 418- son1’s Sl order
11:12 Rajiv : are we still in the BNF trade
11:12 Shai : yes
11:12 Shai : 6 lots actually
11:12 Shai : pullback to 340 due
11:14 Shubro : 240 u mean Shai?
11:16 Shai : we are behind in the trade now cos of that new zero at 340 IBH
11:16 Shai : if ut breaks we add
11:17 Govind : Super
11:17 Surinder Sihag : bnk nifty sl
11:17 Surinder Sihag : 29414
11:18 Govind : 10:56 Shai : (10:56) Shai : Intra- short BNF again 29330 sl of 29410 tgt 29220
11:18 Uttam : (09:43) Uttam : above 11304 can go for 11328
11:18 Uttam : NF high check πŸ˜‰
11:18 Govind : Surinder, please look in chat box A for trade updates
11:18 Shai : we donlt enter SL after 10.30 ins ystem Surinder
11:18 Shai : will update if crossed over 410
11:19 NP : to the dot Uttam …… your hypos are simply awesome
11:19 Surinder Sihag : my sl happen
11:19 Uttam : _/\_ they are all derived from MP & OF Naren
11:20 Uttam : @Surinder between 10:30 to 1:30 please do not put SL in systems and wait for an update
11:21 NP : +1
11:21 Shai : Currentky there are only 6 lots traded abv 29410. We exit if it gets more volume abv 410
11:21 Surinder Sihag : ok i will note this for future
11:21 Uttam : 53k red in NF at 1132
11:21 Uttam : 11326
11:22 Surinder Sihag : my order for 3 lots and that happen 29415 on 11-10-16 time
11:22 Uttam : so 60 of that 120 is yours Surinder
11:23 Surinder Sihag : ya
11:23 Uttam : see they just swiped higher to take the SLs
11:23 Uttam : volumes are low in this phase hwihc is why it is advised not to place SL in system
11:23 Surinder Sihag : ok
11:24 Surinder Sihag : they just gone there for my SL
11:24 Uttam : +1
11:24 Uttam : when volumes are low this happens
11:26 NP : low volumes always create violent and volatile moves
11:30 Shai : BNF stoppeed Out. Make exits
11:31 Shai : anoter set of 0’s at 29400
11:32 Govind : SC happenin
11:32 Shai : yes’
11:32 Sijo : SC?
11:32 Shai : looks like a driven SC
11:33 Sijo : Selling Climax?
11:33 Shai : short covering
11:33 Govind : 29400 CE OI coming down now
11:34 NP : BN Spot may face some resistance around 29380 .
11:35 Uttam : NF does 1.5 IB to the dot
11:35 Uttam : 11332
11:35 Uttam : BNF missed it by 8 points so far
11:37 Uttam : 29468 is a vpoc in BNF so that can come
11:37 Uttam : poc of another 2 day comp
11:37 Govind : Not a good day so far for me, except for an overnight BNF long strangle which gave 2dt, but lost 3 dt in other trades. Waiting now.
11:38 Himanshu : Today is Fry Day
11:38 Uttam : BNF does 1.5 IB
11:39 Himanshu : Some people do nt trade
11:39 NP : BN Spot sustaining above 29380 will see sharp upsurge
11:40 Govind : Max pain has not moved in BNF, still at 29100
11:40 Uttam : yep and 29200 OI crossover also not yet happened
11:40 Govind : Yes Uttam
11:41 MJ : What dates uttam? (11:37) Uttam : poc of another 2 day comp
11:41 Uttam : mon-tue
11:41 Uttam : BNF gave a FA at 29512 there
11:42 MJ : Thanks πŸ™‚
11:42 Uttam : πŸ™‚ +1
11:42 Anubhav null : kargil rLly about to end?
11:43 Uttam : you have some insider news Anubhav dont you ;-p
11:43 Uttam : super reading yet again on this mvoe up
11:43 Jitender : wat rally πŸ™‚ (11:42) Anubhav null: kargil rLly about to end?(11:42) Anubhav null: kargil rLly about to end?
11:44 Anubhav null : lol nah
11:45 Govind : Yeah, always talking about Nirmala, Amit….11:43 Uttam : you have some insider news Anubhav dont you ;-p
11:45 Govind : πŸ™‚
11:46 Anubhav null : lol just for fun cnbc dekh dekh ke aadat ho gayi hai bakwaas karne ki
11:46 Anubhav null : reason for everything they have at endof the day
11:47 Rajiv : Jit how long is this bounce expected to last
11:47 Jitender : if 240 is not broken…couple of days
11:48 Anubhav null : bnf has a gap at 29700 arnd
11:48 Jitender : Dh shld b brkn and closes abv it
11:48 Rajiv : Oh ok Thanks
11:48 Jitender : just b with lvls
11:53 Anubhav null : ek dip towrads ibh in nf wud be good
11:55 NP : (11:09) NP : sharp surge coming ….. 11300 spot on cards?
11:55 NP : 11300 is here
11:56 Uttam : nice Naren +1
11:56 NP : now 29380 is the level to watch on BN Spot
11:59 Govind : Will BNF leave the new MB?
11:59 Govind : up?
12:03 Govind : has left the MB, but down
12:05 Anubhav null : shubro started selling again
12:05 Shubro : yep!
12:06 Anubhav null : thoko thoko
12:06 Anubhav null : vwap lao
12:12 Govind : Grinding on in BNF
12:12 NP : Spot Nifty needs to sustain above 11300 otherwise this pullback will fizzle out
12:13 Anubhav null : 11320 nf support uske niche dip
12:13 Anubhav null : push bears
12:13 Anubhav null : zeroes lao
12:15 NP : one good thing today though is the financials are leading the rally after a long time
12:15 Anubhav null : autos also.hoping for gst cut tomorrow
12:16 Anubhav null : 10 lakh job loss they have
12:16 Anubhav null : thretened govt
12:17 Himanshu : Gst Cut will not improve sales
12:17 Himanshu : iN Autos – there is grind for next 2 years
12:17 NP : I don’t think there is going to be any GST cut ….. they are already having GST shortfall every month (the target of 1.10LK is missing month after month) Cutting GST rates would be one more blunder
12:18 Himanshu : cause Demand was triggered in last 4 year based on low cost EMIs and quick finance which has dried up
12:18 Himanshu : Next blow up is Strong NBFC
12:18 Himanshu : Every Decade – Steroid dries out for 2 -3 Years
12:19 Shubro : momentum slipping
12:19 Himanshu : Auto – Market will be now balancing their profile of last 4 – 5 Years in next 2 Years
12:19 NP : +1
12:19 Shubro : autos are cyclical
12:19 Shubro : so wwe are in the downturn cycle
12:20 Himanshu : not Autos alone – Aircon, ELectrronics, Phones -Every thing on EASY EMI will dry up
12:20 Shubro : savings rate down so thats a big sign
12:20 Himanshu : Which is Healthy – yes
12:21 Himanshu : I mean we have come down from 29- 30 % to 17-18%
12:21 Himanshu : SIlver line is low infation
12:21 Shubro : macro wise wonder who the banks are going to lend to
12:21 Himanshu : if liquidity is tight with low interest rate
12:22 Himanshu : and Genuine demand to be catered is the way forward
12:22 Himanshu : easy liquidity has produced fradulant promoters
12:22 NP : that low inflation will blow up in no time if we have poor monsoon
12:22 Shubro : yeah Naren thats an accident just waiting around the corner
12:23 Himanshu : I think monsoon will catch up .. besides tight liquidity wil keep spending under check..
12:23 Himanshu : there is no great food inflation
12:23 Govind : I dozed off for a few mins, getting old
12:23 Himanshu : if crude remains whre it is .. or drift lower
12:24 Shai : Intra – Buy 29300 pe at 203- 04 sl of 160 tgt 285.
12:25 Himanshu : I mean Dealer is financed to keep inventory – Supplier is financed to produce- Ancillary is financed to supply- and with one salary slip consumer get loan which he cant pay – this is steroid
12:25 Anubhav null : dara diya na
12:25 Anubhav null : bulls ko himanshu
12:25 Himanshu : If Govind – we shall keep watch on Deustue bank
12:25 Anubhav null : gayi
12:26 Himanshu : That contagain crisis may deepen –
12:26 Govind : DB had a Q1 loss of some # billion Euro
12:26 Govind : 3 billion
12:26 Shubro : DB will lead the way i think
12:26 Shubro : 2020 crisis
12:26 Govind : crazy
12:26 Anubhav null : hmm
12:27 Shubro : the fii’s having same conversatiion like us
12:27 Shubro : πŸ˜›
12:27 Himanshu : there is 46 Tn worth of Derivative exposure – which is in huge draw down
12:27 Jitender : bhav bhagwan che !!
12:27 Shubro : hehe totally
12:27 Jitender : wats known can be priced in
12:27 NP : +1 Jit
12:27 Jitender : its the surprise wich shocks
12:27 Shubro : kala bhains
12:28 Shubro : sorry whats swan in hindi?
12:28 Jitender : google karo
12:28 Himanshu : and US may not be interrested ot support – greatly as good as they did in 2008
12:28 HPandey : swan is hans in hindi shubro
12:28 Himanshu : hain
12:28 Himanshu : Bhains and Hans
12:29 Shubro : Jit cmon haha
12:29 Shubro : room is google
12:29 Himanshu : Pandey ji Namslar
12:29 HPandey : namste bhai
12:29 Himanshu : Namskar !
12:29 Sumit : tread reason ?
12:30 Jitender : can anyone explain why mkts rallied after demo…..one of the biggest in 2017, were every fundamental went south ?
12:30 Sumit : trade*
12:30 Shubro : they though liquidity would rise
12:30 Shubro : itna paisa wapis aayega
12:30 Jitender : who…?
12:31 Gaurav : Trump power
12:31 Shubro : markets
12:31 Jitender : πŸ™‚
12:31 Jitender : it was the biggest engineered coup..if u can call tat
12:31 Shubro : woh to always
12:31 Jitender : tats y tradn is now more divergent from fundamentals more than ever
12:32 Jitender : esp the index
12:32 Shubro : saala govt thought jitna aayega public banks recapitalized
12:33 Shubro : now todays paper says they scapping thr 10 billion sovereign lol…garg’s idea
12:33 Shubro : it sounds like more trouble coming
12:34 Shubro : bhains going swimming
12:35 Anubhav : ibh tgt done
12:35 Anubhav : im out
12:35 Shubro : mabrook ya sheikh
12:35 Jitender : Anubhav…u shrt also πŸ™‚
12:35 Anubhav : abhi 11300 put li thi weekly
12:35 Jitender : k
12:36 Jitender : u & himanshu r more bulls …rarely seen u guys shrtn
12:36 Anubhav : 11330 pe 67-75
12:36 Anubhav : small games
12:36 Jitender : +1
12:37 NP : (10:19) NP : I think it’s going to be rangebound move till 1pm. ….. a major move either side will come only in 2nd half …… it’s a first day of expiry so staying away for few hours now …. let the dust settle
12:37 NP : happily staying away so far after doing 1DT
12:40 Jitender : 375-420 on bnf…scalp
12:40 NP : Superb
12:41 Anubhav : gr8 jit!
12:41 Jitender : tx guys
12:42 Jitender : n congo to eveyone in money 2day
12:44 Govind : internet issues, scary
12:44 Boppanna : +1 Jit 370-460 BNF on watch for now
12:45 Jitender : +1
12:45 Govind : Catch a documentary called ‘The Great Hack” on Netflix. Real Scary!
12:46 Govind : about Cambridge Analytica
12:47 Himanshu : Jit – We see Red At 29400 on MP chart –
12:47 Himanshu : is positional or LLT type
12:47 Boppanna : Uttam you planning a triple DD or happy with DD
12:47 Boppanna : BNF
12:48 Gaurav : that MB has anegative delta Himanshu, though Shai says to avoid any interpretations via delta
12:50 Jitender : reds nned to get to 340 bnf…else all clr fr greens abv 445
12:51 Anubhav : dpoc/yvwap needs to be crossed in nf for day high to come..
12:52 Shai : Book the PE in minor profits at 218
12:55 Shai : 29459 Sl if holding the F for 29340
13:15 Shubro : Bhai I period kuch to kar….growing roots
13:15 Govind : Buyers are tired?
13:18 Himanshu : No spike up – Chief at 1 so
13:18 Himanshu : Shall we drift lower ?
13:22 Shai : 29350 expected
13:22 Shai : vwap also
13:22 Boppanna : NF Day COT +72K and BNF -72K
13:22 Himanshu : Idhar ka maal Udhar
13:23 Shai : NF below 11314 sort for 11296 sl abv 11321
13:25 Shubro : this is all retail ping pong Shai?
13:27 Anubhav : distribution?!
13:28 Himanshu : NF advertising – DUMP at POC
13:29 Himanshu : Goovind when its up is BOOM BOOM
13:29 Shubro : kisi ne meri sun li
13:29 Himanshu : What is for down move
13:29 Jitender : 29.2pe 200-229
13:29 Himanshu : Let say DOOM DOOM
13:30 Jitender : +100 (13:22) Shai : 29350 expected
13:30 Uttam : boom boom
13:31 Shai : 11294-(13:23) Shai : NF below 11314 sort for 11296 sl abv 11321
13:31 Himanshu : so boom boom for both side
13:31 Uttam : +1 Shai we need more πŸ˜‰
13:31 Govind : 13:15 Govind : Buyers are tired?
13:31 Himanshu : this 48K guy at 294 in NF
13:31 Himanshu : shall get reposne
13:32 Himanshu : or we wil have sharp spike up
13:32 NP : +1
13:33 Govind : Shai, tab 2 please
13:33 Boppanna : Just hold that 370 BNF and get below vwap
13:34 Himanshu : good more 38K in NF
13:34 Anubhav : nice
13:35 Govind : 29300 PE needs abitmore unwinding
13:36 Himanshu : more dump at 2.30 I guess
13:37 Himanshu : 29500 CE ( 134- 105) – 29700PE ( 64- 52)
13:37 Anubhav : wah!
13:38 Himanshu : Exited – now waiting.. 30000 CE ( Mthly holding )
13:40 Anubhav : vwap being defended again lets see
13:40 Govind : Maruti good results
13:41 Anubhav : bajaj up 6 percent
13:41 Anubhav : fii are back to buying mode
13:41 Anubhav : ?
13:41 NP : #QuickTrade ….. TV Trade ….. maruti 6000CE 140-151 …. all out
13:41 Govind : Nice Naren
13:42 Himanshu : How come
13:42 Himanshu : Ok beter then established
13:42 Himanshu : better then Analyst expectation
13:42 Himanshu : I will be buyer at LIC price ( bid)
13:42 Himanshu : 11240 – 11250 Range
13:43 Anubhav : all auto stocks u insider know something we dont
13:44 Anubhav : setting ho gayi lagta hai koi
13:44 Jitender : bajaj n maruti bettr results
13:44 Anubhav : uttam aaj spike up close to nahi?
13:44 Gaurav : 5 week series and NF premium 28 points, dud
13:46 Anubhav : spot 11350 can come?!
13:47 NP : good auto numbers in a tough quarter are sentiment positive
13:47 Anubhav : yes np
13:48 Anubhav : greens r back in of
13:49 Anubhav : above 11325again will lead to sc
13:49 Anubhav : lets see
13:50 Sumit : any one for day low ?
13:50 Sumit : nf
13:50 Anubhav : unlikely now all dips bought
13:51 Govind : Maruti falling now, be careful
13:52 Himanshu : Topi Phena di Maruti ne
13:52 Anubhav : lol
13:52 Himanshu : 15 % sales down qnq
13:52 Himanshu : Guidence is lower which way is good
13:52 Himanshu : stock at Utopian price still
13:53 NP : I am expecting ZIGZAG move with flat closing on Nifty
13:53 Himanshu : 2 Dealers of Bajaj and Maruti clsoed 3 branches in Vadoara
13:54 NP : Almost all NEXA Dealers are in losses
13:54 Himanshu : Vadodara.. some staff also laid off – Bajaj Dealer is in cash crunch – new ( less then 10 Yr ) in business only seen up cycle .
13:54 Himanshu : All NExa dealers are their old Dealers – who are now rebranded as Maruti Arena
13:55 Shai : Intra – short NF 11306 sl of 11330 tgt 11255
13:55 Himanshu : they were made to invest sepereratley for NExa Ventures,,
13:55 Himanshu : Only Sales Head – Sardarji and RC Bhargav ( Chairman) is sure to survive
13:59 Anubhav : lol
14:00 NP : NF holding vwap for now …… make or break time
14:03 Govind : most of this week, we were below vwap and today above, for the most part
14:04 Himanshu : except for Fry day today and SPX – also negative closing yday
14:04 Himanshu : feel will kiss lower band
14:05 NP : weekly closing below 11300 on Nifty is only going to add selling pressure further
14:05 Shubro : scalpers paradise
14:05 NP : +1
14:06 Shubro : POC to POC
14:06 Anubhav : maruti holid vwap till now
14:06 Anubhav : like nf
14:06 Anubhav : spike up ki feel aa rahi hai
14:07 Anubhav : reliance infy in neg unko bada diya to mkt will zoom
14:07 Shubro : if vwap holds chances hai day high to test at the least
14:07 Shubro : BNF those zeros are stubborn
14:08 Gaurav : BNF has one grey zone which it wants to make yellow on MB πŸ˜›
14:09 Gaurav : BNF OCD
14:09 Shubro : BNF 5 min chart is a flag pattern now
14:10 Anubhav : tring again for in nf green brigade
14:12 Shubro : 29300 CE OI has to fall
14:13 Shubro : Govind whats the OI status?
14:13 Govind : no crossovers
14:14 Gaurav : not encouraging upsides
14:14 Govind : looks like this will b capped between 29400 and 500
14:14 Shubro : hmm
14:15 Shubro : distribution here and move up best guess
14:15 Shubro : if it doesnt hold back to brack
14:15 Anubhav : time running out algo attack kar dega
14:15 Shubro : bracket
14:15 Govind : Max pain as not budged
14:15 Govind : has*
14:16 Shubro : scalping small away between the 30 min POC’s
14:16 Govind : +1
14:16 Shubro : when BNF behaving like a lemon make nimbu pani
14:17 Gaurav : though VWAP aligning to IBH has been good for upside spikes in the past
14:17 Shubro : so far my reasoning is this….BNF says i give u 2 chances in a day take it or get lost
14:17 Gaurav : but as govind said option chain is not buldging one bit
14:18 Shubro : BC
14:18 Anubhav : lo ji
14:18 Shubro : wasnt on board
14:19 Shubro : train left
14:19 Shubro : wapis aayega
14:19 Anubhav : modi modi modi
14:19 Shubro : hahahahahhaa
14:19 Govind : zeroes
14:19 Jitender : πŸ™‚
14:20 NP : (14:00) NP : NF holding vwap for now …… make or break time
14:20 Shai : BNF diff mode today
14:20 Jitender : (12:50) Jitender : reds nned to get to 340 bnf…else all clr fr greens abv 445
14:20 Shai : Exit the NF at 11325 cmp
14:21 Rajiv : holding 445 can go long? 14:20 Jitender : (12:50) Jitender : reds nned to get to 340 bnf…else all clr fr greens abv 445
14:22 Shubro : market wants to reverse
14:22 Jitender : wait
14:22 NP : 29380 Pot still important level to watch
14:22 NP : Spot*
14:23 Jitender : dpoc mvd up ?
14:23 Shubro : 380 is a weekly resitance right Naren?
14:23 Govind : How bigisthe BNF MB? πŸ™‚
14:23 NP : yes
14:23 NP : +1Jit
14:23 Shubro : ok
14:23 Govind : 29468 Jit
14:23 Govind : Yes, in that move
14:24 Govind : but big reds right in the dpoc
14:24 Jitender : tx guys
14:25 Rajiv : +100 Guruji
14:25 Jitender : dpoc n dvah up abv Op+Ra…plus reds at top
14:25 Govind : 29400 CE OI dropped only marginally
14:26 NP : I think one should wait for algo time to pass before taking any fresh position today
14:26 NP : it’s a difficult day to trade
14:27 Govind : yeah Naren
14:27 Govind : somehow, I did much better yesterday in indices
14:27 Shubro : capo – i nicknamed you cap protction day
14:28 Shubro : lots of people lost quite a bit yest
14:28 Shubro : twitter abounds
14:28 Govind : True Shubro
14:28 Shubro : i was like today must be my freak day
14:28 Govind : If not for this room, I would’ve shut shop
14:29 NP : most of them were option writers that too in large volumes … they were taken for cleaners between 3-3.30pm yesterday in that wild swing
14:29 Shubro : yeah Naren
14:29 NP : those trying to eat that 2-3-5 premiums on expiry
14:29 Anubhav : more buying
14:29 Anubhav : kya ho gaya aaj
14:30 Anubhav : nirmala aunty ne hari saree pehni hai kya?
14:30 Jitender : last hr
14:30 Jitender : wat will fii do ?
14:30 Anubhav : dump
14:31 NP : (13:53) NP : I am expecting ZIGZAG move with flat closing on Nifty
14:31 Anubhav : unless they have sum insider news for mondays gapup
14:31 Jitender : 445 held on bnf
14:31 Gaurav : Lata aunty ki saree decide karti hai market
14:31 Anubhav : haha
14:31 Jitender : ab ye kya Gaurav πŸ™‚
14:32 Gaurav : for this(14:30) Anubhav : nirmala aunty ne hari saree pehni hai kya?
14:32 Jitender : haha
14:32 Govind : Jit, FIIs don’t have a reason to stop selling do they?
14:33 Himanshu : no they are under pressure to sell to the point
14:33 Jitender : nope
14:33 AN : shoting ref jit, bnf ?
14:33 Anubhav : algo came early kya
14:33 Govind : Yesterday, their net number was the least but it was expiry day.
14:33 Anubhav : 30 point saaf
14:34 Jitender : (14:25) Jitender : dpoc n dvah up abv Op+Ra…plus reds at top(14:30) Jitender : wat will fii do ?(14:31) Jitender : 445 held on bnf
14:34 Jitender : saree ke fall sa fall diya re
14:34 Shai : weird 30 poimts in NF last 90 mism
14:34 Anubhav : hahah
14:34 Anubhav : lo agla algo aaya
14:34 Anubhav : ulta
14:35 NP : (14:26) NP : I think one should wait for algo time to pass before taking any fresh position today(14:26) NP : it’s a difficult day to trade
14:35 Shubro : true
14:35 Shubro : scalpers paradiso
14:35 Anubhav : someone is defending aaj thoda thoda on dips
14:36 Rajiv : Jit one scare on the downside in BNF now ?
14:36 Jitender : poss
14:36 Shubro : cash market selling on…
14:36 Shubro : BNF
14:36 Jitender : but b lite Rajiv
14:36 Himanshu : Thanika not in room today seems
14:37 Rajiv : 340 types or more
14:37 Jitender : tat much only
14:38 Rajiv : AYE AYE
14:38 Shubro : Anu ur spike might be around
14:38 Shubro : careful
14:39 Anubhav : karo yaar day high todo
14:39 Anubhav : im flat now no postion vaise
14:40 Anubhav : 11440 pe short karenge agar aya next week
14:40 Shubro : better
14:41 Anubhav : 3 min for algo
14:41 Anubhav : regualr wala
14:43 Anubhav : todays top gainers are all fii favourites
14:44 Shubro : algoooo?
14:44 Shubro : aaj algo TGIF
14:44 Anubhav : hehe
14:45 Shubro : some big option seller on twitter who lost big said same thing….kal friday bach gaya
14:46 Shubro : ab kya 3:05 wala
14:47 Shubro : nice upper bell
14:48 Rushabh : is this a P in NF today?
14:49 Gaurav : looks like a tilted roof of a nursery scenary drawing
14:50 Shubro : 440 BNF attempt
14:51 Shubro : bhai i am saving my gains for the day no more trades
14:53 Govind : +1 Shubro
14:53 Govind : Needmoney for weekend πŸ™‚
14:54 Shubro : u said it! actually its friday
14:54 Shubro : a little contribution to bacchus neeed
14:55 Shubro : who is the resident lord for daru in india?
14:55 Govind : daru?
14:55 Shubro : bacchus is greek god wine. So desi version?
14:56 Govind : we are too clean
14:56 Anubhav : abhi abhi spike aa sakta hai kya?
14:56 Govind : dont have one
14:56 Shubro : aw cmon we invented it all
14:56 Shubro : gotta be
14:56 Govind : Indra probably
14:56 Govind : he is always having fun
14:56 Shubro : thats rain dude….
14:57 Govind : but he always drinking
14:57 Shubro : haha rotfl
14:57 Govind : Rain is Varuna
14:57 Shubro : ok bro if u say so. Varuna also missing this year
14:58 Shubro : Chennai good rains now?
14:58 Govind : yeah
14:58 Shubro : or still deficit
14:59 Govind : July has been good
14:59 Govind : water table is slowly gaining
14:59 Shubro : ok thats relieving to know
14:59 Anubhav : delhi also finally getting its rain share
14:59 Anubhav : aaala re algo aala
15:00 Uttam : gettin 3:05 spike Anubhav?
15:00 Shubro : cmon algo day high maadi
15:00 Shubro : thrashing around BNF
15:00 Anubhav : uttam le aao yaar
15:00 Anubhav : fir se sold off
15:01 Anubhav : at 11325
15:01 Uttam : algo is in your control sirji
15:01 Anubhav : 11330 todo
15:01 Anubhav : ye to dhoka de rahe hai
15:01 Govind : Anu is like Neo
15:01 Shubro : yeah man
15:01 Govind : Algo Anu
15:01 Shubro : ANu red pill blue pill
15:01 Govind : haha
15:01 Anubhav : lol
15:02 Anubhav : ab postion nahi hai to no bias
15:02 Shubro : technically that means we are all thakaoed
15:02 Shubro : tired
15:02 Shubro : bias is bhains now
15:02 Anubhav : fir bhi spike up ki hope hai 1 hr se
15:02 Uttam : 3rd day in balance here n Nifty
15:03 Uttam : next week ek acha sa 200 point move kar wa do bhai log
15:03 Rushabh : uttam BN out of balance?
15:03 Shubro : why 200 ask for more
15:03 Anubhav : bnf above 29500 will blast to that gap zone
15:04 Anubhav : chalo monday hi sahi
15:04 Govind : If UG wants 200, BNF will give 500
15:04 Uttam : 200 first target then anything more will be bonus
15:04 Anubhav : haha
15:04 Govind : It gets in beast mode
15:04 Uttam : 200 in NF Govind so BNF needs to give 600-800 πŸ˜‰
15:04 Govind : oh ok
15:04 Govind : πŸ™‚
15:04 Jitender : 445-405 scalped (14:34) Jitender : (14:25) Jitender : dpoc n dvah up abv Op+Ra…plus reds at top(14:30) Jitender : wat will fii do ?(14:31) Jitender : 445 held on bnf
15:05 Govind : +1 Jit
15:05 Uttam : congo Jit
15:05 Shubro : wah wah….Jit u surgeon man
15:05 Jitender : low vols….but daru sunke kuch to karna tha πŸ™‚
15:05 Shubro : precise
15:05 Jitender : tx guys
15:05 Uttam : (15:03) Rushabh : uttam BN out of balance? no Rushabh
15:05 NP : Congrats Jit
15:06 Uttam : in fact nice weekly balance in both
15:06 Rushabh : okay
15:06 Shubro : Jit yar aapka woh write ups kaab aayega
15:06 Jitender : tx NP
15:06 Jitender : jald hi Shubro
15:06 Shubro : chalo good to hear
15:07 Shubro : dada usko ekdam hands on type banaiyega
15:07 Jitender : koshish puri rahegi janab
15:07 Shubro : shukran
15:10 Anubhav : bulls going home long looks like
15:10 Shubro : one solid candle needsed
15:10 Anubhav : hoping for miracles over weekend
15:10 Govind : ICICI seeing buying now
15:10 Govind : results tomorrow
15:10 Govind : can take BNF with it
15:10 Uttam : BNF 29200 OI still did not make a crossover
15:10 NP : BankNifty OI seems suggesting a gap up on Monday? @ Uttam
15:10 Govind : No Uttam
15:11 Rajiv : 445 blocking!
15:11 Anubhav : ek aur koshish kya ho raha hai aaj
15:11 Shubro : pushing pushing
15:11 Anubhav : 11330 ke uparjaane ke der hai bas fir dhi
15:12 Uttam : 29457 spot is the start of that selling tail Naren so if we open above it & sustain BN can move higher
15:12 Uttam : 300+ point singles there
15:13 Rajiv : Jit agar 445 ke upar nahin jane dena to 350 pe buy karne do
15:13 Uttam : 29512 if taken out in BNF then can see good upmove
15:14 Shubro : yaya buyers
15:14 Govind : +1 Uttam
15:14 Shubro : DH come on tag
15:14 Uttam : e) Sustaining above 29512, BNF can give a fresh move up to 29592 & 29650
15:15 Govind : vix has dropped all day
15:15 Uttam : BNF has -1.2 L COT
15:15 Govind : trend day don in vix πŸ™‚
15:15 Shubro : VIX is a MKB
15:15 Govind : down*
15:15 Govind : haha
15:16 Govind : we need to come up with a vix weekly index
15:16 Shubro : wo hoo zeros
15:16 Shubro : khush Anu
15:16 Shubro : i tickled that algo
15:17 Shubro : usko bola MKB beer peena ha
15:17 Uttam : both NF & BNF did 80% rule in the 2 day composite it had made on mon-tue
15:17 Himanshu : Uttam so plr is up
15:17 Uttam : (15:14) Uttam : e) Sustaining above 29512, BNF can give a fresh move up to 29592 & 29650…check BNF high now
15:17 Uttam : 29510
15:17 Govind : 29400 CE from 159 to 182
15:17 Himanshu : It can open on Monday above 29445
15:17 Rushabh : uttam Nf didnt hit poc
15:17 Shubro : u da man Uttam
15:18 NP : (15:10) NP : BankNifty OI seems suggesting a gap up on Monday? @ Uttam
15:18 Uttam : which POC Rushabh?
15:18 Anubhav : jai ho
15:18 Rushabh : the 11400 you spoke about
15:18 Uttam : @Naren – (15:12) Uttam : 29457 spot is the start of that selling tail Naren so if we open above it & sustain BN can move higher
15:18 NP : ok
15:19 Uttam : (15:18) Rushabh : the 11400 you spoke about…that was a higher balance not the one it did 80% today in
15:19 Uttam : today’s comp 80 was 11286-11304-11328
15:19 Uttam : had told you this at open
15:19 Rushabh : okay got it
15:19 Uttam : we have res at 11355 above which another comp at 11379-11400-11410
15:20 Govind : I exited at the zeroes and when the reds came
15:20 Uttam : in BNF Govind?
15:20 Govind : Uttam’s 29512 was in the back of my mind as well
15:20 Govind : YesUttam
15:21 Uttam : nice Govind +1
15:21 Govind : 15:17 Govind : 29400 CE from 159 to 182
15:21 Govind : quickie
15:21 Uttam : see how OF needs to confirm the levels to make entries or exits
15:21 Govind : Absolutely man,otherwise I would just be sitting there for thy kingdom to come
15:22 Anubhav : good day
15:22 NP : Congrats Govind
15:22 Govind : Those singles above 29512 do look juicy though
15:22 Shubro : Uttam hugs man
15:22 Govind : Thanks Naren, I needed that trade
15:22 Uttam : cheers Shubro πŸ™‚
15:23 Uttam : but BNF at supply point here & has negative COT also today
15:23 Uttam : @Govind
15:23 Uttam : 19k green here
15:23 Uttam : 40k in NF
15:23 Rushabh : both have equal sellers
15:24 Uttam : 29468 was a vPOC had mentioned in the morning & now today’s POC again there
15:24 Govind : Yes Uttam, saw that comment when the zeroes came, helped me exit. Thanks Bud.
15:24 Uttam : BNF dPOC seems to be at 29425
15:25 Shai : BNF good close this
15:25 Uttam : 5min box showing wrong value Shai
15:25 Shubro : Uttam Shai we should have some guidance on when to renter trades for further longs
15:25 Govind : We have ‘P’ in BNF right Uttam?
15:25 Rushabh : uttam BNF is closing near the upper composite vah?
15:25 Shubro : so yes zeros come and then the trend moves on
15:25 Shai : dvah is 29500?
15:26 Shubro : how to appreiate a reentry
15:26 Rushabh : 471 shai
15:26 Shubro : Jit if you can guide on that also would be very useful
15:26 Uttam : yes now correct πŸ™‚ thanks Shai
15:26 Shubro : seen you do that very well
15:27 Shai : ability to styay abv 29400 on Monday sparks a furtherr ise to 29676
15:27 Shubro : allright all good day again….have a great weekend
15:27 Uttam : 29415 seems to be an IB also on 30mins
15:27 Uttam : +1 Shai
15:27 Shai : the 29800 is the Mon selelr
15:28 Shai : 29800 would test BNF again
15:28 Uttam : yes we have a selling tail from 29592 to 29854
15:28 Shai : diiff to take out monday
15:28 NP : 29500CE OI dropped significantly in last 30 minutes
15:28 Anubhav : gr8
15:28 Rushabh : shai monday high is 29754 right?
15:29 Uttam : Aug BNF
15:29 Uttam : July is done Rushabh
15:29 Uttam : all references now for Aug
15:29 Shai : yes
15:29 Shai : Bye all
15:29 Shai : Have a nice evening and a good weekend
15:29 Anubhav : bbye
15:29 Shai : catch up MOnday
15:29 Govind : Bye all
15:29 Uttam : thanks All πŸ™‚ have a lovely weekend
15:32 Rajiv : Thank you all
15:33 Uttam : USDINR spiking lower
15:34 Uttam : trend day down in that

Order Flow charts dated 26th July

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

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

NF (Aug)


BNF (Aug)


Room Chat

09:25 Shai : (09:25) Shai : Intra – Buy BNF 29100-105 sl of 29020 tgt 29220

09:34 Shai : (09:34) Shai : Book profits in BNF at 29156 cmp

10:38 Shai : (10:38) Shai : Intra- short BNF 29140 sl of 29238 tgt 28965

11:58 Shai : (11:58) Shai : BNF 29040. Book half here for +100 and ride the rest at cost

12:13 Shai : (12:13) Shai : BNF at tgt. Book fully


09:03 Shai : Gm all
09:04 Shai : https://vtrender.in/market-profile-analysis-dated-24th-july/
09:06 Lovepreet : Good Morning Everyone
09:07 Mohammed : gm
09:08 Uttam : Good Morning All πŸ™‚
09:11 Shubro : GM
09:11 Anubhav null : gm
09:12 Bhupinder : Good Morning
09:13 Shai : 11250 SPOT still the ref line for the next swig move
09:13 Shai : intra bar will be watching ability to stay abv 11277 F july F and 28976 BNF
09:16 Shai : No response yet again to the moves in the SPX
09:18 Uttam : 11250pe OI rising
09:18 Uttam : BNF to lead?
09:19 Uttam : boom boom?
09:19 Shai : yes quick move
09:19 Shai : 29217 exp
09:20 Anubhav null : 11350
09:20 Uttam : above 11328 can get 11355
09:21 Uttam : 11328 is VAL of comp balance of 2 days
09:22 Uttam : 11300ce OI needs to start coming down
09:23 Uttam : pe OI rising in that also
09:24 Shai : one seller in Au NF
09:24 Himanshu : 11371 – Red – Exit 11300 PE given
09:25 Shai : Intra – Buy BNF 29100-105 sl of 29020 tgt 29220
09:25 Uttam : similar move like yestrday open but in opp side
09:25 Uttam : most of the move gets over in the A period these days
09:27 Uttam : (09:21) Uttam : 11328 is VAL of comp balance of 2 days
09:27 Uttam : high in NF so far 11327.65
09:27 Uttam : gets above that can do 80%
09:28 Anubhav null : waiting to trap more sellers
09:28 Uttam : initiated
09:29 Rushabh : whats the poc uttam?
09:29 Uttam : 11355
09:29 Rushabh : okay
09:33 Uttam : hypo1 completed in both
09:33 NP : 29200CE …. 41-62 … booked fully
09:33 Uttam : a) Staying above the HVN of 11275 NF can probe higher to 11296-305 & 11328
09:33 Uttam : a) BNF needs to sustain above 28975 for a move to 29050-90 & 29145
09:34 Shai : Book profits in BNF at 29156 cmp
09:34 Govind : +1
09:35 Shai : 29175 is the pullback zone of yesterday’s b
09:35 Uttam : yep above that singles till 29292
09:35 Uttam : NF going for that POC tag looks like
09:36 Govind : 29100 CE from 98 to 110. HUL August 1720 CE from 40 to 54. Great start.
09:36 Uttam : congrats Naren & Govind πŸ™‚
09:36 NP : Congrats Govind
09:36 Govind : Thanks Uttam & Naren.
09:36 Uttam : hows the new set up Naren πŸ™‚
09:37 NP : Fab!
09:37 Uttam : great +1
09:37 Shai : +1
09:37 Uttam : RS here in NF
09:38 Uttam : but greesn also persisting
09:38 Govind : For the first time in recent memory, all the TV guys were right in their BUY call this morning.
09:38 Uttam : good vols
09:39 Uttam : @Shai gentle reminder about putting the POC vol on 5 min OF charts
09:39 Govind : Uttam, being expiry day and all, PDLs can be tested today and also becuase lows not being secure as per Shai?
09:40 Uttam : so far we have been trending up Govind, this is a drive higher
09:40 Uttam : so let OF show the signs
09:40 Shai : sure Uttam – will add
09:40 Govind : ok
09:40 Uttam : thanks so much Shai πŸ™‚
09:41 Himanshu : Supply in Shai’s said zone in BNF
09:41 Himanshu : and in NF also
09:41 Govind : NF F another 10 points to PDH
09:42 Anubhav null : bnf next stop 29300
09:42 Govind : BNF another 80+ points to PDH
09:42 Uttam : thanks Shai πŸ™‚
09:42 Anubhav null : yes
09:42 Anubhav null : shorts running now
09:43 Uttam : 11300pe back above 40L OI
09:43 Himanshu : Uttam – this POC volume in 5 mts is pertaining to that 5 Mt candle POC
09:43 Govind : Great, now we have POC volume
09:43 Uttam : yes Himanshu
09:43 Uttam : 11355 here
09:43 Anubhav null : nice
09:43 Uttam : half of 80% done
09:43 Uttam : now for 11384
09:43 Himanshu : Hain
09:43 Shai : +1
09:43 Himanshu : you are BULL today,,
09:44 Uttam : OF showign bull Himanshu πŸ™‚
09:44 Uttam : (09:25) Uttam : similar move like yestrday open but in opp side(09:25) Uttam : most of the move gets over in the A period these days
09:44 Govind : Yeah, so true
09:45 Rushabh : a period hit the vpoc πŸ˜‰
09:45 Uttam : started with 11250 combo watch then shifted to 11300 now need to get to 11350
09:46 NP : we may see a swift leg down to take out weak longs
09:46 Uttam : yes one good objective of tagging that 11355 is done
09:47 Uttam : so can give a dip to vwap
09:47 Uttam : 63k seller in NF
09:47 Uttam : lets see if he can get some follow thru
09:48 Anubhav null : yest buyers booking
09:48 Uttam : one big red stuck in BNF at 29185
09:48 Govind : Suyog’s vix range done in A period in BNF πŸ™‚
09:49 Boppanna : High 225 so far c) Above 29145, BNF can probe higher to 29190-224 & 29292-300
09:49 Govind : +1, UG’s Hypos are amazing
09:50 Uttam : _/\_
09:51 Uttam : the 2 day comp VAL for BNF is at 29275
09:51 Uttam : so above that can give another 100 point move higher to 29382
09:53 Uttam : highs not secure so far in both looks like?
09:54 Uttam : BNF boom part2?
10:01 Govind : BNF debating around 29220, Shai’s initial target this morning
10:02 Uttam : hope it does not turn out like the debate we had in the Karnataka Vidhan Sabha last week which went on for 5 days πŸ˜‰
10:02 Govind : πŸ™‚
10:02 Govind : feels that way Uttam
10:03 Govind : 18 mins gone in B period
10:03 Uttam : (09:25) Uttam : similar move like yestrday open but in opp side(09:25) Uttam : most of the move gets over in the A period these days
10:03 Himanshu : Uttam – Entry needed in BNF – what is level in C
10:03 Himanshu : test of DPOC
10:04 Rushabh : shai so yest low important now
10:04 Himanshu : eys
10:04 Uttam : 29185 immd level to watch in BNF in case of a dip
10:04 Himanshu : Ok
10:04 Uttam : and as always in a drive VWAP will be the important level all day
10:05 Uttam : but given its expiry so moves could be dictated today by the options players
10:05 NP : +1
10:08 Uttam : reds galore in NF
10:11 Anubhav null : 11300 wud be gud entry
10:13 NP : (09:46) NP : we may see a swift leg down to take out weak longs
10:13 Uttam : (09:46) Uttam : yes one good objective of tagging that 11355 is done(09:47) Uttam : so can give a dip to vwap
10:14 NP : +1
10:14 Anubhav null : 11350 call oi.rising?
10:15 Uttam : not much but the rise in pe OI has stalled a bit now
10:16 Anubhav null : hmm
10:19 Uttam : first dip to vwap being defended
10:20 Gaurav : we haven’t yet seen the big ones 3/4/5 L rollover yet, correct?
10:21 Gaurav : except the couple last week and previous friday
10:21 Anubhav null : coz kf exp we cant play by book todY
10:21 Anubhav null : wild.swinvs expected
10:22 Gaurav : so we should hover around vwap around 12-1 for those big guys to come in today?
10:22 NP : yes it’s going to be very volatile
10:22 Rushabh : 11328 supp?
10:23 Uttam : 11318 sup
10:24 Govind : Markets want to go up; but doing a mediocre job as of now
10:24 Uttam : forming a ‘p’ today both on expiry day?
10:26 Uttam : now 11300ce OI rising
10:27 Uttam : C side move into morning singles in both
10:27 Uttam : IS at 11330 in NF on 5mins
10:31 Anubhav null : nf is a buy above vwap now
10:31 Anubhav null : if it holds
10:31 Anubhav null : else.back to yest vwap
10:31 Anubhav null : lol
10:32 Anubhav null : bear attack
10:32 Shubro : bhaaago
10:32 Anubhav null : shubro was this u?
10:33 Uttam : (10:27) Uttam : IS at 11330 in NF on 5mins\
10:33 Shubro : yes shorted at top
10:33 Uttam : (10:26) Uttam : now 11300ce OI rising
10:34 Uttam : the signs were there
10:34 Uttam : 29100 sup in bnf
10:34 Shubro : 29100 PE 40 to 65
10:35 Rushabh : 20k stuck?
10:35 NP : Congrats Shubro
10:35 Anubhav null : attempting a long here in nf via calls
10:35 Uttam : 11300pe OI abv 50l
10:35 Shubro : thanks NP morning was awesome NP
10:35 Shubro : 3 DT in
10:36 NP : Superb
10:36 Shubro : as u say fastest fingers only
10:36 Uttam : C period move over?
10:37 Shubro : mashaal ban gaya BNF
10:37 Shubro : ab jalao isko
10:38 Govind : Congrats Shubro
10:38 Shubro : Govinnnnnd good start to day bro
10:38 Govind : Yeah man, same here
10:38 Shai : Intra- short BNF 29140 sl of 29238 tgt 28965
10:40 Uttam : vwap of a drive gone so day low coming?
10:40 Uttam : (10:23) Uttam : 11318 sup…11318 has 0s on 5 mins now
10:48 Uttam : 1L green in NF on both
10:48 Rushabh : greens in aug too at that 1 lac guy
10:48 Uttam : Jul & Aug
10:48 Shubro : 29100 CE 175 to 183
10:48 Himanshu : Saved
10:48 Rushabh : uttam ive often seen big quantities at the same time in 2 series, what does this mean?
10:49 Himanshu : Wow – Bhai Saab
10:49 Himanshu : Yesterday – Amit Shah attended FIN meeting
10:50 Shubro : garg shunted
10:50 Uttam : it could be that 11340 guy booking out here
10:50 Himanshu : Some Fin secretary has been removed Mr Garg to as Power Secreatry
10:50 Uttam : 11318 again imp ref now
10:50 Uttam : that 1.4L guy came right there
10:51 Himanshu : Yes and Vivek Acharya Dy gov portfolio also went to some old fav
10:51 Himanshu : on sell side or buy side – Uttam
10:51 Uttam : buy
10:52 Himanshu : Govt Plans to borrow – 10 BN in @ 1.5 % rate in USD terms
10:52 NP : he needs to get follow through buying though …… otherwise problem
10:52 Himanshu : can salvage – upto 70K Cr ouflow of FIIs if it wants to pull out that
10:53 Himanshu : and can increase local liquidity and interest rate..
10:54 Uttam : morning sellers in the rise booking out in NF
10:54 Uttam : COT also supporting that
10:54 Shubro : not an expert but putting cart before horse that one Himanshu
10:55 Shubro : reform show growth and then borrow sovereign debt
10:55 Shubro : deficit widens suddenly due to say oil price shock screwed
10:56 Govind : DOllar bonds can be dangerous, remember Turkey
10:56 Shubro : exactly
10:57 Shubro : then China and Russia comes and owns ur assets by securitizng
10:57 Shubro : funny call from upstox other day – do u want to own 100 units of Bharat 22 ETF for free?
11:00 Gaurav : what was the catch?
11:01 Himanshu : YES
11:01 Himanshu : But 10 Bn $ v/s 300 Tn $ of US
11:02 Himanshu : I mean – so far so good for our conservetiveness
11:02 Himanshu : If they put their foot down on Oil consumption and Push E 0 vehicle
11:03 Himanshu : You are home..
11:03 Shubro : i have no idea Gov . never take free
11:03 Shubro : tough. penetration of EV is going to be what max 2-3 % in the next 5 years
11:03 Shubro : its a long cycle vs. debt cycle of 10 years anything can happen
11:04 Himanshu : YEs
11:04 Himanshu : but see how Mobile spread.. India is very slow starter
11:04 Shubro : EV logic is bunkus but good long term
11:04 Gaurav : still a lot of india’s electricity is coal powered, plus the cost of EVs is too high
11:04 Himanshu : but once it catches up .. it will push up,,
11:04 Shubro : well coal has been politicized too much
11:05 Himanshu : Sir we have DATA chepest in the world ,,,
11:05 Himanshu : it was not imagined 10 years back
11:05 Shubro : countries have moved to cleaner coal which is easier to do than move suddenly to renewables …look at hydro…now rivers drying up
11:05 Himanshu : When Wireless local loop – of Rel telcom was not catching signal on traffic juntion
11:05 Himanshu : So Solar and E vehicle – if this
11:06 Shubro : if RIL JIO was an independent stock i would bloody short it
11:06 Himanshu : 2 are taken like
11:06 Shubro : tech is different…race to zero always …faster cheaper
11:06 Himanshu : So bettery is the key here
11:06 Himanshu : and Solar Pannel
11:07 Shubro : Elon Musk is planning to put a chip in our asses so no need mobile πŸ˜›
11:07 Himanshu : What is so great about that technolgy
11:07 Himanshu : its not complicated,,
11:07 Himanshu : if TATAs – Reliance – Birla see some assurance from govt ,,
11:07 Shubro : hehe govt assurance…oxymoron
11:08 Himanshu : Investment can be done,, So far as I know this administration has interest at their will
11:08 Himanshu : Unlike previous ,,Yes experties or experince may differ
11:10 Himanshu : I have high hopes on Nitin Gadkari ,,
11:10 Govind : D period forming an inside bar in both? 4 mins to go.
11:11 Himanshu : HE showed Ganga Cleaning, Road infra and now Traffic Regulations
11:11 Shubro : dhanli kam aur savings badao bhai…nahin to loan lete lete bhains pani mein
11:11 Himanshu : Ha Ha
11:12 Shubro : naukri naukri
11:12 Govind : New MB in bnf
11:12 Shubro : inside bar
11:12 Himanshu : Chalo 1 DT ( Subhro ki Salah manke)
11:13 Himanshu : Booked – 29100 PE
11:13 Govind : +1 HImanshu
11:13 Jitender : grt readn…keep it up +1 15:23 Anubhav : still have a feeling we can get some new after close15:23 Anubhav : positive likely15:23 Anubhav : coz of buying happenin after 3pm15:24 Anubhav : news*
11:14 Himanshu : Anubhav +1 ( Anubhav – Expericen)
11:14 Uttam : awesome Anubhav πŸ™‚ +100
11:15 Govind : Anu went to Bank πŸ™‚
11:15 Shubro : shabaash bhai log
11:16 Uttam : whats holding BNF?
11:16 Govind : Reliance just made new DL
11:16 Uttam : looks like move down coming?
11:16 Govind : yeah
11:16 Shubro : ugly nNF profile
11:16 Govind : looks like a machete
11:19 Shubro : naren view?
11:21 Shubro : better hold here BNF
11:21 Shubro : second touch
11:23 Shubro : good girl BNF now stay above
11:26 Rajiv : Shai are we shot on BNF currently?
11:26 Shubro : wondering if this rise was related to the USDINR falling morning
11:26 Govind : (10:38) Shai : Intra- short BNF 29140 sl of 29238 tgt 28965, Yes Rajiv
11:26 Shai : yes
11:26 Rajiv : Thanks
11:27 Shubro : 3rd touch VWAP gone/
11:27 Shubro : ?
11:31 NP : Milloion Dollar Question ….. Expiry @ 11300 or 11350?
11:31 NP : *million
11:32 Uttam : between both looks like and closer to 11300 going by options data so far but expirt week OI cannot be trusted
11:33 Uttam : BNF should take the lead
11:33 Uttam : expecting it to give a probe lower
11:33 NP : +1
11:34 Shubro : make it a BC day and good to close early
11:35 Govind : Thanika, are you here?
11:37 Thanika : yes, but doing some observation on tick data and doing some programs live
11:37 Govind : Ok man
11:37 Uttam : 29100 OI needs to give some signal
11:38 Uttam : as of now running parallel to each other that CE & PE OI
11:38 Govind : Yes Uttam
11:38 Uttam : 29200 ce though being written
11:39 Uttam : 20200pe OI falls below 4.5L can give good move up
11:39 Uttam : 29200pe
11:41 Govind : E period giving another LL/LH, 4 mins left
11:41 Uttam : IS in both in this 30min bar?
11:46 Govind : Uttam, they turned into RBs?
11:50 Uttam : very low volumes Govind so POC’s been jumping
11:51 Govind : Ok Uttam, guess the big lads havenot come to play yet
11:51 Gaurav : they come when everyone else is on lunch break
11:52 Uttam : yes that big guy has been missing so far
11:52 Gaurav : usually comes in 12:45 to 1:15 candle
11:53 Shubro : wtf is holding BNF
11:53 Gaurav : mid-day around vwap
11:53 NP : nifty getting ready to test day low once at least?
11:53 Shubro : ok good girl 3rd touch goner
11:53 Shubro : lets go
11:54 Govind : all fall down
11:55 Shai : 0’s
11:55 Shai : clean crack in BNF also below 29090
11:56 Uttam : boom boom
11:56 Shubro : ding a ling
11:56 NP : below day low 11248 on cards in Nifty?
11:56 Shai : aren’t 0’s justt awesome
11:56 Shai : who all added?
11:57 Uttam : +00000 shai
11:57 Govind : I did boss
11:57 Uttam : bought 29200pe at 114 exite at 132 & 150
11:57 Uttam : looking for 200
11:57 Uttam : last part trailing
11:57 Govind : 29100 PE from 60 to 103
11:58 Govind : holding 25 %
11:58 Shai : BNF 29040. Book half here for +100 and ride the rest at cost
11:58 Govind : Damn, that was worth holding!
11:58 Shubro : +
11:58 Shubro : +1 Shai
11:58 Uttam : super call Shai
11:58 Jitender : +1 Shai
11:58 Uttam : (11:33) Uttam : BNF should take the lead(11:33) Uttam : expecting it to give a probe lower
11:58 Jitender : n(11:33) Uttam : BNF should take the lead(11:33) Uttam : expecting it to give a probe lower
11:58 Uttam : _/\_
11:58 Boppanna : +1 Shai
11:58 Govind : Yes Uttam, good reading
11:58 NP : too good Uttam
11:58 Jitender : Uttam @Eagle Eyes
11:59 Jitender : tey make all the diff to everythn …ain’t tey πŸ™‚ (11:56) Shai : aren’t 0’s justt awesome(11:56) Shai : who all added?
11:59 Jitender : joined late…but DT done..tx
11:59 Uttam : (11:38) Uttam : 29200 ce though being written(11:39) Uttam : 20200pe OI falls below 4.5L can give good move up(11:39) Uttam : 29200pe
12:00 Uttam : 3.8L now that 29200pe OI
12:00 Govind : Shai, Uttam and other signs made that a high conviction trade, up 4dt
12:00 Govind : Now, will hunker down
12:00 Jitender : Govinda Govinda
12:00 Govind : DT rocks, Jit
12:00 Govind : Game changer for me
12:00 Shubro : 4 DT on
12:01 Shubro : rocking day
12:01 NP : be cautious ….. some shorts may get trapped here ….. play with low volumes
12:01 Shubro : now i shall not be stupid
12:01 Govind : Shubro MOney!
12:01 Govind : All out Naren
12:01 Shubro : paisa paisa karti hai….
12:01 Shubro : ok so who crashed BNF?
12:02 Jitender : remember to help sumone else n pass it around (12:00) Govind : DT rocks, Jit(12:00) Govind : Game changer for me
12:02 Govind : Of course Jit
12:02 Shubro : DT has been a life and game changer Jit
12:02 Shubro : controls greed and fear both
12:03 Shubro : so thank you. best thing to have learnt here after OF
12:03 Jitender : its a discliplined way to ID expectations
12:03 Shubro : yes agree
12:03 Shubro : if you have made 1 DT protect it with life
12:03 Govind : Also Shubro, a big thanks to Thanika for his Ami codes and Uttam for helping us read them better!!
12:04 Shubro : those were like dessert man
12:04 Shai : ++- (12:02) Shubro : DT has been a life and game changer Jit
12:04 Shubro : what a tool
12:04 Shai : Cheers to the one and only Jit for sharing
12:04 NP : +1
12:04 Anubhav null : yvwap holding
12:05 Anubhav null : going up again looks like
12:05 Shai : wonlt hold
12:05 Shai : 80% late trade
12:05 Shai : has to go to val of yday
12:05 Shai : sl is abv vwap
12:05 Anubhav null : ok will wait thnx
12:06 Jitender : tx Shai_/\_,after u & witth u, always πŸ™‚
12:06 Shai : _/\_
12:07 Prudhvi : Gen q, what’s a DT? Any link?
12:07 Shubro : Daily target in terms of profit absolute rupee terms
12:07 Rajiv : I am the slow coach here. DT means daily Target?
12:07 Shubro : so if you want to make 1000 Rs. plan your trade size and points to earn based on system
12:07 Sumit : need to break yvwap for day low
12:08 Jitender : ys Rajiv
12:08 Uttam : yes Jit +1000 for that DT concept
12:08 Jitender : tx bro
12:11 Govind : This one unwound so fast Uttam…11:37 Uttam : 29100 OI needs to give some signa
12:11 Sumit : no screen
12:12 Rajiv : Thank Jit
12:13 Shai : BNF at tgt. Book fully
12:13 Jitender : +100
12:13 Govind : Super
12:13 AN : Awesome call Shai. thx.
12:13 Shubro : splendido
12:13 Shubro : take a bow Shai
12:13 Shai : (12:05) Shai : wonlt hold(12:05) Shai : has to go to val of yday
12:13 Shubro : nicely done
12:14 Shubro : Shai we are back to weakness as of yest again now?
12:14 Shai : yes
12:14 Uttam : Shai can hold onto BNF shorts?
12:14 Shubro : those morning buyers crying?
12:14 Boppanna : Nice trade Shai and Uttam for spelling the trade setup 10:40 Uttam : vwap of a drive gone so day low coming?
12:14 Shai : can hold BNF
12:15 NP : would be interesting to see 28800 getting challenged ….. a lot of PE writers there
12:15 Uttam : ok my objective of 200 hitting on that 29200pe
12:15 Shubro : Shuck i am dreaming of 28800
12:15 Uttam : will hold with TSL 150 now
12:15 Uttam : entry was 114
12:15 Shai : reduce but – donlt add new shorts
12:15 Rushabh : yval hit nf
12:15 Uttam : yes booked last bit at 177
12:16 Jitender : congo Uttam
12:16 NP : +1
12:16 Boppanna : +1 970 key for a drop further 12:15 Shai : reduce but – donlt add new shorts
12:16 Uttam : thanks Jit πŸ™‚
12:16 Rushabh : good greens in last 10mins?
12:17 Uttam : 29100 crossover happens
12:17 Uttam : 29000 oi now on watch
12:18 Govind : Yeah, they are only 600k apart πŸ™‚ watching
12:21 NP : #QuickTrade ….. 11200CE … 51-61 …. booked fully …. fastest finger first
12:21 Uttam : Shai 29200pe can do 274?
12:21 Shubro : +1 Naren
12:21 Shubro : my fingies tired
12:22 Govind : +1 Naren
12:22 NP : now bajaj twins are going to decide further move on nifty
12:27 Shubro : trying t ojust hold day open
12:31 Shubro : did that 29000 CE just rise?
12:31 Shubro : OI wise
12:31 Shubro : narrowing za gap i zee
12:31 Govind : variance is only 400k now
12:32 Govind : was 600k at 12:15
12:33 Shubro : yezz
12:33 Shubro : price rising OI rising?
12:35 Uttam : PE OI needs to start coming down in that 29000
12:37 Shubro : 29100 crossover did not happen
12:38 Shubro : so expecttation is then PE should fall
12:38 Shubro : no Uttam?
12:38 Uttam : should happen now πŸ™‚
12:38 Govind : Yes, it did Shubro….12:37 Shubro : 29100 crossover did not happen
12:38 Govind : around noon
12:39 Shubro : u mean the BNF crossed the PE
12:39 Govind : NO, CE and PE OI lines
12:40 Govind : That is when the big move in BNF came
12:41 Uttam : BNF is still in the A period range ;-p
12:42 Shubro : Oh fish govind my data was not updating u right
12:42 Jayanth N : if nf breaks 11235 and bnf 28960 can we expect more downside ??
12:42 Uttam : oh man shubro
12:42 Govind : πŸ™‚
12:42 Shubro : wkaaao
12:42 Uttam : you be careful on that as can lead you to take wrong trades
12:42 Shubro : yes yes….
12:42 Govind : Its ok, Shubro….you still made money
12:42 Shubro : luckily my price action and OF read steady
12:42 Uttam : +1
12:43 Shubro : no i thought expiry day OI may be whacked
12:43 Uttam : 29k pe not budging
12:44 Govind : Waiting for 1:30/2pm
12:45 Shubro : looks like thats going to be last act for today
12:45 Shubro : unless surprise suppies
12:46 Anubhav : above 11270 might tag 11290-11300
12:47 Shubro : anyone for long BNF?:P
12:47 Govind : Below VAL Shubro
12:47 Shubro : that 29000 CE PE suez canal
12:48 Shubro : BNF sailing though it
12:49 Anubhav : dpoc has not fallen in nf
12:49 Uttam : what a fight it has been in the 11300 options
12:50 Uttam : 11300ce back above 50L OI
12:50 Uttam : now focus on 11250 OI
12:50 Anubhav : n11250 pe oi?
12:50 Uttam : 28L to 17L
12:52 Himanshu : Uttam – BNF DPOC has fallen from 29184 – 29140
12:52 Himanshu : Am I right
12:53 Anubhav : 11250 SHAIS level held again today just need to cross yvwap now for spike up
12:54 Shubro : BNF ship turning?
12:55 Uttam : @Himanshu dPOC still at 29170-180 in NBF
12:55 Uttam : BNF
12:55 Uttam : building vols here at 29010
12:55 Anubhav : 45 degree move possible?
12:55 Uttam : pehle spike to karwao neeche πŸ˜‰
12:56 Anubhav : 100 point mil to gaye day high se nifty me
12:56 Uttam : huge vol build up in that 29000ce at 70 levels
12:57 Uttam : either is being written royally here or can give a jump to 125-130
12:57 Uttam : below 60 ca close at 0
12:58 Anubhav : hmm lets wait for clarity
12:59 Uttam : BNF had a hvn coupld of days back at 29180 and same place we got selling today
12:59 Uttam : exited last part of that 29200pe here at 250
12:59 Anubhav : gayo
13:00 Uttam : (12:21) Uttam : Shai 29200pe can do 274?
13:00 Uttam : on its way there but 135 points is a good trade so booked out
13:00 Govind : +1 Uttam
13:00 Uttam : 262 high so far
13:00 AN : Uttam ji tusi great ho _/\_
13:00 Uttam : _/\_ all learning here guys
13:01 Uttam : (12:56) Uttam : huge vol build up in that 29000ce at 70 levels(12:57) Uttam : either is being written royally here or can give a jump to 125-130
13:01 Uttam : that CE went from 70 to 35 in no time
13:01 NP : yes
13:01 Uttam : 11250 OI now
13:01 NP : it was too quick
13:01 Uttam : in focus
13:01 Uttam : difference less than 10l now
13:02 Uttam : 29000 OI also on verge of crossover
13:02 Uttam : (13:00) Uttam : (12:21) Uttam : Shai 29200pe can do 274? new high at 271
13:03 Shubro : hehe ship crashed through canal wall
13:03 Uttam : 29000pe above 105 sustaining can go to 132
13:04 Shubro : poor lows BNF?
13:04 AN : Still lots of time left, does market have another trick up its sleeve for today ?
13:05 Shubro : and we are in only H period
13:05 Shubro : 6 DT
13:05 Uttam : super Shubro +600
13:05 Shubro : in that move
13:05 NP : Congrats Shubro
13:06 Shubro : NP thanks bro Uttam
13:06 MJ : Anu 45 degree needs wide poc and not vol poc @Tpo poc.
13:06 Shai : ILFS has defaulted with NSE pay
13:06 Shai : any one here with ILFS?
13:06 Uttam : woaahhh
13:06 Shubro : shit
13:07 NP : are we preparing for a vertical fall ? Bloodbath?
13:07 Shubro : isnt that priced in already
13:07 Shubro : or is this some fresh carnage
13:07 Shai : ILFS had 1000 sub brokers about 3 montsh back
13:08 Boppanna : Shai that 28800pe worth a lottery buy ?
13:08 Shai : can do 28850 s=with sl at IS of 29017
13:09 Boppanna : thx
13:09 Uttam : need to add strikes below 29k, what Bops giving additional work πŸ˜‰
13:09 Shubro : this tail in bnf holding
13:09 Shubro : as in weakness
13:10 Shubro : amd below PDL
13:10 Shubro : so we good for another 100 Shai?
13:10 Shubro : oh u said it already sorry
13:11 Shubro : that crossover happening Uttam 29000?
13:11 Uttam : on verge of it here Shubro
13:11 NP : Bajaj Finance flags potential credit risk in 2-wheeler & digital pdts; 2-wheeler loans overdue for 30+days rises to 5.3% vs 4.65%, digital pdt loans overdue for 30+ days rises to 1.46% vs 1.01% (QoQ)
13:12 Shubro : yezzzz
13:13 Anubhav : greenz
13:13 Shubro : shorts booking here?
13:13 NP : seems
13:13 Uttam : if we take out the A period we have singles from 29100 to 29020
13:14 Uttam : 29028-29111
13:14 Uttam : that 29000 combo at 110 now
13:15 Gaurav : what is digital pdt loans?
13:15 Shubro : cell phones etc.
13:15 Shubro : product
13:16 Shubro : consumer
13:16 Shubro : the last few years saw a massive increase in these loans
13:16 NP : From smartphones to laptops, cameras to TVs, buy the latest electronics on EMI, only on the Bajaj Finserv EMI Network
13:17 Shubro : was waiting for this to happen…extreme consumerism
13:17 NP : now people are buying even shirts pants and shoes using bajaj finance cards on EMI
13:17 Govind : Doomed
13:17 NP : this is going to gey UGLY soon
13:18 HPandey : also watch out MF space
13:18 Shai : collection agents make good money
13:18 Shai : this is best environ for them
13:18 HPandey : this “MF sahi hai ” ad line iis not good
13:19 Shubro : MF guys are just traders…look at th portfolio turnover rations…its a joke
13:19 HPandey : yeah their only motive is commission
13:19 Shubro : aiyaa Uttam that 29000 CE PE OI kya karti?
13:20 Uttam : crossover did not sustain Shubro
13:21 Shubro : BC
13:21 Anubhav : ab 45 degree?
13:22 NP : @ Uttam ….. Expiry Range Shifting to 11250-11300 ?
13:22 Uttam : 11250 fight one here NP & we have good time
13:22 Uttam : 26L to 24L
13:23 Anubhav : spot rising more than nf
13:23 Shai : 2 RB’s here
13:24 Shai : abv 11261 is going to 11286 sl of 11247
13:24 Shai : BNF is complex with a DD in place
13:24 NP : expecting wild swings now ….. better to stay away
13:24 Shai : 29019-29030 is thyat last IS
13:25 Shai : it’s not a DD but shape of 1 as still in A
13:25 Uttam : 10:40 Uttam : vwap of a drive gone so day low coming?
13:26 Uttam : BNF did day low exact
13:26 Uttam : 28920
13:26 Uttam : AH poor lows seen there
13:26 Uttam : good chances of that getting repiared
13:28 Uttam : NF going for new lows for the week?
13:29 Uttam : 28800ce from 225 down to 155 in 10mins
13:29 Jitender : 29.1 pe 117-157
13:29 Uttam : super Jit
13:29 Jitender : tx
13:30 Jitender : 29070 ST pivot fr me
13:30 Uttam : +1 29045 yesterday vwap too
13:31 Rajiv : isnt that far away 13:30 Jitender : 29070 ST pivot fr me
13:31 Jitender : 28970
13:31 Jitender : πŸ™‚
13:31 Rajiv : oh ok
13:32 Uttam : @Shai there was a refresh done on 30mins?
13:32 Uttam : 1.8L red in NF I never saw earlier
13:32 Uttam : 11260
13:36 Anubhav : dpoc changed
13:36 Anubhav : needs to cross 11260 for move up
13:38 Anubhav : trying…
13:41 Anubhav : ho gauya
13:42 Anubhav : nice
13:42 Anubhav : small scalp
13:42 Shubro : 29000 CE 68 to 90
13:42 Shubro : sorry 55
13:42 Shubro : to 90
13:43 Anubhav : gud gud
13:43 Anubhav : i had sold 11200 aug 1 put
13:43 Govind : Congrats Anu/Shubro
13:43 Anubhav : out now
13:44 Anubhav : thnx
13:44 Anubhav : yes poc ibl near buy
13:44 Anubhav : can go up more if it crosses
13:44 Anubhav : else niche
13:45 Anubhav : too many greens vaise
13:47 Shubro : short BNF here hehe?
13:48 Shubro : na too risky
13:48 Anubhav : rehne do jo kamaya vapas a chal jayega
13:48 Shubro : hehe…
13:48 Anubhav : monthly exp me alag hi khel hai
13:49 Shubro : yep bhagwan bharose types ho jata hai if it goes against
13:50 Anubhav : nf me karna hai to aug wala hi karunga put spread
13:50 Anubhav : aaj wala to nahi
13:50 Shubro : plus abhi decay time ishtaart
13:52 NP : mostly these type of expiries end on a very bad note
13:52 Uttam : Jit holding strong there at 29070
13:52 Shubro : BNF is a double edged razor now
13:52 Uttam : BNF high at 29067
13:53 Uttam : super level Jit +100
13:53 Shubro : Jit prraji kya kar rahe ho
13:53 Shubro : ?
13:54 Jitender : just took a redie from 280985-29040
13:54 Jitender : nw watchn
13:54 Jitender : fr either 28970 or 29050 to bek
13:54 Jitender : brk
13:54 Jitender : till ten eatn far otm prem
13:55 Shubro : wah wah
13:55 Shubro : khao saheb
13:56 Shubro : sir ek din hum bhi khaaenge app ke saath…abhi thoda appetite bada le
13:57 MJ : Comes the biggie.
13:57 Uttam : @Govind oinged you on slack
13:57 Rushabh : long aug?
13:57 Govind : ok
13:57 Jitender : sure (13:56) Shubro : sir ek din hum bhi khaaenge app ke saath…abhi thoda appetite bada le
13:57 Uttam : Gaurav knew the time in the morning itself πŸ™‚
13:58 Uttam : direct links @Gaurav
13:58 Uttam : ?
13:58 MJ : Rushab Reds in aug too.
13:59 Gaurav : my timing prediction was utterly wrong uttam πŸ˜›
13:59 Gaurav : too late this one
13:59 Shai : aug first big reds were 11th and 13th around 11640
13:59 Rushabh : yh, uttam mihir, what is it with having huge quants on the same side? I mean red on both so what does it mean
13:59 Uttam : @Gaurav you said 1:45 na?
14:00 Gaurav : 12:45
14:00 Uttam : oh ok
14:00 Uttam : but this guy not so big as the other months? or more to come yet
14:00 Gaurav : i think last 2 weeks, about half volume was done already
14:00 Rushabh : shai?(13:59) Rushabh : yh, uttam mihir, what is it with having huge quants on the same side? I mean red on both so what does it mean
14:00 MJ : I think first time in 13 months pattern break happened in these biggies, they came 11665 Aug as Shai shared the aug rolls earlier.
14:01 Gaurav : 2nd time Mihir, there was one early one in Jan to Feb series also
14:01 MJ : Oh mid series? Thanks man.
14:01 Uttam : @Rushabh better to wait & observe what auction does from the RO point today
14:02 Uttam : last times RO point was at 11915
14:02 MJ : Yes, no rush just mark them on the charts.
14:02 Himanshu : uTTAM – hUGE reD IN nf
14:02 Uttam : and we have trended lower in July
14:02 Himanshu : What do u Say
14:02 MJ : +- 80 -100 and watch what happens.
14:02 Himanshu : Who is winning
14:02 MJ : Following what Gaurav had shared earlier.
14:02 Rushabh : uttam those were 6 lac guys right? expiry?
14:02 Gaurav : August could be balance or trend continuation
14:02 Gaurav : down
14:03 Uttam : from 11915 we made a high of 11999 and low of 11226
14:03 Gaurav : yes, had 11800 monthly PE from 150 to 500
14:03 Uttam : no wonder we saw that big player rolling over mis series
14:03 Uttam : lovely Gaurav
14:04 Himanshu : uttam – r w egrtting RS here
14:04 Himanshu : Pls
14:04 Himanshu : in NF
14:04 Uttam : @Gaurav as Shai has very nicely put that 11250 as positional level in spot so below that we could continue trending down
14:05 Uttam : @Himanshu lets see if this big red can take out 11250
14:06 Gaurav : for trend to reverse, accumulation needs to happen, wont be quick up in august, rather quick bounces would be sold into, my thinking
14:06 Gaurav : so balance, or continue trend down
14:06 Uttam : +1 Gaurav
14:07 Govind : Amzing stuff, Gaurav.
14:08 Shubro : BNF can crack now to downside i think.
14:09 Govind : I don’t know Shubro, 29000 PE OI has gone up and the reverse for CE
14:09 Govind : Of course, all that could change quickly
14:10 Shubro : right Gov that too…i think selling in cash market increased if thanika around can confirm.
14:10 Shubro : OI might prevent the fall so close aroun 29000 maybe
14:10 Shubro : what is max pain now?
14:11 MJ : Gaurav same setup contiues right for positionals? above or below 100 pts of RO, you take an entry?
14:13 Govind : 29000 Shubro
14:14 Rushabh : BNF much stronger?
14:15 Shubro : thx Gov
14:15 Govind : One test of vwap and then one trip to correct poor lows please, in BNF? πŸ™‚
14:15 Gaurav : 150 or an FA with LLT
14:16 Shubro : may ur wishes be given wings Govind
14:16 Govind : Haha
14:16 Shubro : i have similar
14:16 Shubro : but open to both ways
14:18 Jitender : squrn all positions
14:18 Jitender : will scalp
14:18 MJ : Awesome Gaurav. shout out if you pick anything for august.
14:19 Govind : Look at that seocnd MB in NF
14:19 Shubro : peaks galore
14:20 Govind : NF Vah/VAL for today is the same as yesterday, has been doing that for themajorityof the day
14:26 Himanshu : Out 29100 PE – 97 to 39
14:26 Govind : Congrats
14:26 Himanshu : With Balls in mouth for 2 days
14:27 Himanshu : have to do some thing about ot
14:27 Himanshu : As They are not testing well for health
14:27 Himanshu : 2 Hours sorry
14:28 Himanshu : 29000 crossed
14:28 Himanshu : Ce running for cover
14:28 Himanshu : Shash dikra
14:29 Himanshu : What helped me here was
14:29 Govind : Boom coming in BNF?
14:29 Shai : going for 29185
14:29 Himanshu : DPOC drop in BNF was just 40 poinst from morning
14:29 Himanshu : EYs
14:29 Govind : Yeh
14:30 Himanshu : Govind bolo hari gopal bolo time
14:30 Himanshu : So Chief’s Super 30 are rocking
14:30 Anubhav : missed this 1
14:30 Himanshu : Chief ( I have to bow down when I meet you in Pune sometime)
14:31 Shai : πŸ™‚
14:31 Shai : Looks like moving back to 11350 clsoe tom weekly
14:31 Himanshu : 29100 PE – went to 181
14:31 Himanshu : now 20 Rs
14:31 Govind : 29100 PE OI dropped
14:31 MJ : 5 to 15 11300 πŸ™‚
14:31 Himanshu : I was in at 91 in Sell
14:32 Shai : (13:24) Shai : abv 11261 is going to 11286 sl of 11247
14:32 MJ : Chief πŸ™‚
14:32 MJ : NP thanks for bajfinance alert.
14:33 NP : my pleasure
14:33 MJ : got a nice ID short there below 3160.
14:35 Himanshu : covered – 29900 PE ( 33- 3.5)
14:35 NP : Congrats Himanshu
14:36 Himanshu : Govind ( Earlier in my past life – I had sold 5 Rs PE – now I always leave – 3-5 Range)
14:36 Govind : Maxpain now 29100
14:36 Himanshu : Thanks NP sor
14:36 Himanshu : Sir
14:36 Himanshu : Am able to sell 50-80 Rs Options .. ( Testimonial)
14:37 Govind : You are still making profits right πŸ™‚
14:38 Govind : Tatamotors results tonight
14:39 Himanshu : 29000 CE ( 1/3 of 29000 PE)
14:40 Uttam : super Shai +100 (14:32) Shai : (13:24) Shai : abv 11261 is going to 11286 sl of 11247
14:41 Uttam : @Himanshu that big red could not take this out…(14:05) Uttam : @Himanshu lets see if this big red can take out 11250
14:42 Uttam : just getting a LLT is not a trade but we got to see how good that guy is getting a follow up
14:42 Himanshu : YEs
14:42 Himanshu : Now anywasy watching and if held well at closing
14:42 Uttam : BNF profile filling yojna going on
14:43 Rushabh : 11350 today itself shai?
14:43 Himanshu : Prandhan mantri Profile Yojna
14:43 Uttam : Jit opened the door at 29070 and it tagged that hvn @ dpoc of 29180
14:43 Himanshu : Ye lo
14:43 Uttam : 11330 tag coming in NF?
14:43 Himanshu : Jit – is slient ( He has gone to bank )
14:43 Uttam : anomaly in profile there
14:44 Jitender : here H
14:44 Govind : 29100 PE/CE OI closing in on each other
14:44 Uttam : that 29000 OI failed crossover was a good signal
14:45 Himanshu : Ok – Jit
14:45 Himanshu : Jit is waiting for move above 29185 _
14:45 Himanshu : Killer one
14:47 NP : 29100 PE ….. 24-44 …. all out
14:48 Himanshu : + 1 NP – Sahebji
14:49 Himanshu : what a timing NP
14:50 Gaurav : NF MB chart is an enigma today
14:51 Himanshu : We so not used to this 29XXXX in BNF that and now 28XXX
14:51 Himanshu : since last 2.5 mths that .. making typo error in my market watch
14:51 NP : soon it will be 27XXX
14:52 NP : just kidding
14:52 Uttam : poor Himanshu will start practising to type 27xxx on key borad
14:54 Uttam : USDINR spiking?
14:54 NP : yes
14:54 NP : near day high
14:55 Uttam : @Shai USDINR in a nice 4 day balance after that BO above 68.98 and looks set to move from here?
14:55 Himanshu : Yes
14:55 Himanshu : I am now getting used to 28XX slowly
14:55 Gaurav : one more X or it looks like SPX
14:55 Gaurav : πŸ˜›
14:56 Himanshu : had wriiten 28000 PE ( Aug ) 184 Yday
14:56 Himanshu : covered in morning Spike toay @ 133
14:56 Himanshu : 28000 was strike in last consolidation phase gave me good profit in CE
14:57 Himanshu : after 4 mth of consolidation once it broke 28300 – On 3rd weekly attempt – there was no looking back
14:57 Himanshu : That one more X is XXX Rum
14:58 Himanshu : Which I have in my sweet dreams only
14:59 NP : 3pm move?
15:00 Govind : Reliance just crapped out
15:00 Sumit : d law
15:00 Shai : 0’s 11280
15:00 Sumit : low
15:00 Uttam : Shai USDINR good to go long here?
15:00 Uttam : FA also at lows
15:01 Shai : can
15:01 Shai : sl at day lows
15:01 Jitender : 29.2pe 117-167
15:01 Shai : big reversal after test lower
15:01 Uttam : done
15:01 Uttam : yep
15:01 Uttam : and holding that 68.98
15:01 Shai : 11188 extreme tgt
15:01 Shai : sl 11280
15:02 Anubhav : kya se kya h gaye dekhte dekhte
15:02 Govind : True Expiry Day Colors
15:02 Govind : gona repair poor lows in BNF?
15:02 Anubhav : thappad mode
15:02 Anubhav : algo
15:03 NP : (13:52) NP : mostly these type of expiries end on a very bad note …..
15:03 NP : this is what i was talking about
15:03 Govind : Yeah Naren
15:03 Uttam : +1 Naren
15:03 Govind : Idea is to conserve money and energy
15:03 Shai : one push here 11188 can come
15:04 Uttam : 11250 OI also getting closer
15:04 Govind : @ Op-Ra, NF
15:04 Jitender : 29.pe at 10
15:05 NP : 11250 and 29000 seem to be expiry levels
15:05 Govind : Uttam, poor lows in NF as well?
15:05 Uttam : repair ho raha hai ruko πŸ˜‰
15:06 NP : booked #lottery trade fullu 29000PE …. 9-24
15:06 NP : fully*
15:06 Govind : and the winner is, NP
15:06 Govind : Good one bro
15:06 Shai : +1
15:07 Uttam : lovely Naren so looks like you recovered that dock cost ;-p
15:07 NP : 100% recovered
15:07 Uttam : awesome
15:08 NP : ITM options were not rising in that last upmove ….. signals were pretty clear for a fall
15:09 Govind : Exactly
15:10 Himanshu : We are closng below 200 EMA in Nifty Spot dangerous
15:10 Himanshu : no more PE writing now
15:11 Uttam : 11250 OI crossover happens
15:12 Uttam : writers milked this strike today
15:12 Uttam : 105 high to now below 5
15:13 Govind : Shai, too early to ask for rollover point?
15:13 Himanshu : Uttam as per chief – Nifty Spot closing below 11250 is not good sign right ?
15:13 NP : (12:22) NP : now bajaj twins are going to decide further move on nifty(13:07) NP : are we preparing for a vertical fall ? Bloodbath?
15:14 Anubhav : ho gaya khel khatam
15:14 Uttam : weekly close will be a better signal Himanshu, today is expiry so lets see how it plays out tom
15:14 Anubhav : low held in nf
15:15 Rajiv : We managed to save PDNF low!!
15:15 NP : this is purely expiry play
15:15 Shai : yes
15:16 Shai : rollover point can come here 11249
15:16 Uttam : cool
15:16 Uttam : nice level Shai your marker was also right there
15:16 Govind : Ok Shai, thanks
15:17 Anubhav : an expiry to rememeber after long
15:17 Uttam : Shai for Aug it would be 11292?
15:17 Anubhav : dono side tmasha
15:18 Gaurav : that ILFS news spreading in full flow now
15:19 Shai : got resolved
15:19 Gaurav : sure about it Shai?
15:19 Shai : yes
15:20 Shai : orders going through again
15:20 Shai : 11304- (15:17) Uttam : Shai for Aug it would be 11292?
15:20 Uttam : thanks Shai
15:22 Govind : August looks better in NF
15:22 Govind : MP
15:26 Shai : inside day profiles
15:26 Shai : COT shows selling from 11645 Aug F where the big guys showed up on 13th
15:26 Shai : donlt know if you guys remember
15:26 MJ : Remember cheif.
15:27 Uttam : that positive COT we had yesterday & day before could be part of those shorts booking Shai?
15:27 MJ : And 2.5L at 11618 was green long, he got hit and liquidation continued.
15:28 MJ : Thanks for all the handholding for this series @Shai.
15:29 MJ : See you tomorrow.
15:29 Shai : yes’
15:29 Shai : Pleasure MJ
15:29 Shai : 11250 barely holding today
15:29 Shai : spot
15:30 Uttam : thanks All πŸ™‚ have a lovely evening & lets continue to rock in the new series too starting from tom
15:30 Govind : Thanks guys, see you tomorrow
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Shai : catch up tom
15:30 NP : Bye. Have a Nice Evening
15:31 Gaurav : ausut closes right at today’s LLT
15:31 Gaurav : August F
15:32 Gaurav : 3.37 L one
15:34 Himanshu : Bye all
15:40 Himanshu : hi
15:40 Himanshu : uttam r u there
15:41 Himanshu : do we see here 29265

Order Flow charts dated 25th July

When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.

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

NF

NF (Aug)


BNF

BNF (Aug)


Room Chat

09:34 Shai : (09:34) Shai : Intra – short BNF 29090- 29100 sl of 29220 tgt 28978

09:43 Shai : (09:43) Shai : Intra – close the BNF at 29080 here . can reshort higher

10:55 Shai : (10:55) Shai : Intra – Sell BNF 28990 sl of 29013 tgt 28840

10:58 Shai : (10:58) Shai : SL is 29103**

12:35 Shai : (12:35) Shai : BNF 28945. Book the short


09:06 Shai : GM all
09:06 Shai : https://vtrender.in/market-profile-analysis-dated-23rd-july/
09:07 NP : Good Morning
09:09 Uttam : Good Morning All πŸ™‚
09:10 Mohammed : GM
09:11 AN : GM all…
09:11 TP : GM All.
09:11 Vijai : Good morning all
09:12 Bhupinder : Good Morning
09:14 Himanshu : gm ALL
09:16 NP : 29200 CE 123 – 153 #QuickTrade …. Fastest Finger First …. booked fully
09:18 NP : Day Job Done
09:18 Shubro : 29200 140 to 172
09:18 Shubro : CE
09:18 Shubro : haha
09:18 Shubro : nice Naren
09:18 NP : Congrats
09:20 Anubhav null : bnf some rb seen
09:21 Uttam : 11300pe writers getting an exit here?
09:22 NP : may be ….. yesterday inlast 15 minutes 11300PE OI reduced by 10lk+
09:22 Shubro : BNF rejecting yday vwap
09:25 Jitender : 29.
09:25 Jitender : 29.1ce 245-194
09:25 Jitender : congo NP
09:25 Shai : +1- (09:22) Shubro : BNF rejecting yday vwap
09:26 NP : Congrats to you too Jit
09:26 Uttam : 11345 res now in NF staying below it we can get an IS on 5mins
09:26 NP : +1 Uttam
09:28 NP : are we poised to break that all important support of 11300 that we are holding on for past 4 sessions?
09:28 Shubro : 29200 CE OI jumped morning
09:30 Shubro : plus crossover
09:30 MJ : 29200 pe 148 215 booked half. πŸ™‚
09:30 MJ : Now running like mad horse.
09:30 Jitender : 29.3 [e 190-240
09:30 Jitender : pe
09:30 Govind : Congrats guys
09:31 Jitender : 11.3 brkn nf
09:31 Jitender : wait till 11280 to see if a PB is sustained
09:31 NP : 29000PE ….. 79-99
09:31 Jitender : if not lot of OI unwindn will be fun
09:31 Vijai : 29300pe 160-250
09:31 Shubro : 29100 PE 98 to 128
09:31 NP : #QuickTrade
09:31 Uttam : (09:21) Uttam : 11300pe writers getting an exit here?(09:26) Uttam : 11345 res now in NF staying below it we can get an IS on 5mins
09:31 Jitender : congo room
09:31 NP : Congrats Guys
09:32 Jitender : u guys r super
09:32 MJ : All out 249. Only coz DT met, and respecting that has made me a better trader. (09:30) MJ : 29200 pe 148 215 booked half. πŸ™‚
09:32 Uttam : BNF left a FA yesterday Jit and 2 atr is your target
09:32 Uttam : 28685
09:32 NP : 29000PE above 110 will be ROCKET
09:32 Uttam : 1atr at 29062
09:32 MJ : Congo everyone, Cheers
09:33 Jitender : Uttam 28100 now..ST πŸ™
09:33 Jitender : πŸ™‚
09:33 Govind : 11300 PE is holding well
09:33 NP : Congrats Everybody
09:33 Jitender : tx (09:32) Uttam : 28685
09:33 Vijai : 11350pe 35-75
09:34 Jitender : everybody who has a DT take a 5min breather
09:34 Shai : Intra – short BNF 29090- 29100 sl of 29220 tgt 28978
09:34 Uttam : 11300pe had taken at 25 last evening & added at 31 today booked 50% at 51
09:34 Jitender : congo Uttam
09:34 NP : Wow ….. Congrats Uttam
09:34 Uttam : weekly Fa in NF
09:34 Uttam : that 11300pe can do 105
09:34 Jitender : yday (10:32) Jitender : Uttam 28700 also poss tis expiry…..(10:32) Jitender : 29500 shldnt get crossed fr tat
09:35 Jitender : my positional acc is exuberant
09:35 Uttam : +1 Jit you knew it before & we got FA later πŸ™‚
09:35 Jitender : price action bhai
09:35 NP : Nifty spot below 11280 can go down till 11248 quickly
09:35 Shubro : Jitte too good
09:36 Shai : sharp rejection of 2 day profile setup
09:36 Shai : stay short if you got in early
09:36 MJ : +1 shai
09:36 Shubro : combing price action with OF ufff … on toast
09:36 Uttam : yes Sir holding that 11300pe now till tom close
09:36 Shai : 11264 next vpoc
09:36 Uttam : want 11196 Shai
09:37 Uttam : @Shai can we have the POC vol also at bottom on the 5min charts
09:38 Shai : can add
09:38 Uttam : thanks Shai πŸ™‚
09:39 Uttam : USDINR big gap Shai so closing that before next move higher?
09:40 Uttam : 11300ce OI rising
09:40 NP : yes
09:41 Uttam : looks like the morning jump was only for the smart wrtiers to book out?
09:41 Uttam : OI was opposite to price action as CE OI was moving up & PE down
09:41 NP : VIX @ 14
09:42 Jitender : my sittind duck at 29.5ce now only 21 πŸ™
09:42 Jitender : sittin πŸ™‚
09:42 Shubro : booked out of that
09:42 Shubro : 29400 CE banta hai ky aJit
09:42 Jitender : i have bettr appetitie πŸ˜‰
09:42 Shubro : hehe
09:43 Shai : Intra – close the BNF at 29080 here . can reshort higher
09:43 Uttam : (09:32) Uttam : 1atr at 29062…BNF low so far 29060
09:43 Govind : +1 Uttam
09:44 Jitender : +1
09:44 Uttam : 11275 has some good vols
09:44 Uttam : dPOC shifting lower in NF
09:44 Jitender : (09:31) Jitender : 11.3 brkn nf(09:31) Jitender : wait till 11280 to see if a PB is sustained(09:31) Jitender : if not lot of OI unwindn will be fun
09:45 Uttam : yes Jit from 50L that 11300pe OI now 40L abhi bahut covering bacha hai isme
09:45 Vijai : holding 11350PE
09:46 NP : need to be very carefull at these levels before taking any fresh position …… expiry is here so chances of Index Management by option writers are high …. Stay Cautious and reduce volumes
09:47 Anubhav null : above 11300 its a buy in f
09:47 Jitender : nope…wait
09:47 Jitender : fr it to sustain
09:48 Jitender : do a broken butterfly if u wanna
09:48 Uttam : RB there in NF but need a IB for buy Anubhav
09:48 Uttam : right now expecting a RS to come
09:48 Uttam : 11293 on 5 mins looks like one RS
09:49 Uttam : ORR down in both Shai?
09:49 Uttam : needs to stay below PDL for more donwside
09:49 Jitender : nf dh=yday poc
09:49 Rushabh : aug chart needs to be adjusted shai
09:49 Rushabh : nf
09:50 Uttam : yes Jit that is the overlaping POC of last 2 days
09:50 Jitender : +1
09:50 Uttam : a) NF needs to get above 11355-364 for a rise to 11384 & 11408
09:50 Uttam : NF could not get above this hypo1 at all
09:51 Uttam : and instead this leg b) Immediate support is at 11330-328 below which the auction can test 11311-305 & 11275-265
09:51 Uttam : 11271 low so far in NF
09:52 Shubro : q is whether the HDFC DEMA holds strong
09:54 Uttam : reds in NF
09:54 Uttam : new IS on 5mins at 11285
09:54 Uttam : after that RS at 11293
09:54 Jitender : +100
09:55 Shubro : jawab sahi chalo niche
09:56 NP : (09:35) NP : Nifty spot below 11280 can go down till 11248 quickly
09:56 Jitender : whoopieee
09:56 Uttam : real move can come when that OI of 11300pe starts coming down
09:57 Uttam : 11300pe makes high of 69 so far
09:57 Uttam : 11255 getting some buying?
09:57 Uttam : looks liked ot was a short booking
09:59 Boppanna : Shai’s target 28978 low so far 28980
09:59 Uttam : 38L to 26L now that 11300 OI
09:59 Jitender : keep it up Uttam…suberp analysis n support
09:59 Jitender : #Eagle eyes
09:59 Uttam : _/\_ Jit
09:59 Boppanna : +1 Jit
10:01 Govind : 29100 PE 140 to 189, out
10:01 MJ : Nice trade Govind.
10:02 NP : Congrats Govind
10:02 Govind : Thanks MJ, it was Shai’s trade but I did not exit and just exited
10:02 Govind : Thanks Naren
10:02 Uttam : (09:34) Uttam : that 11300pe can do 105(09:36) Uttam : yes Sir holding that 11300pe now till tom close
10:02 Boppanna : +1 Govind Op-Ra at DL as well
10:03 Uttam : 71 high so far in that 11300pe
10:03 Govind : Yes Bops
10:03 Uttam : congrats guys πŸ™‚ +100
10:04 Uttam : (09:57) Uttam : 11255 getting some buying? new RB now this in NF
10:04 Shubro : +1 Gov
10:04 Jitender : will keep re postn tis today πŸ™‚ (09:31) Jitender : congo room
10:04 Shubro : good day to start
10:04 Uttam : 0s at lows also in that bar
10:04 Shubro : rather good start to day πŸ™‚
10:04 Uttam : 11285 is that IS on 5mins
10:05 Jitender : 29.1 pe had bboked at 200.41 at 9.59..look at its high
10:05 Boppanna : +1 245-285 on watch in NF
10:05 Uttam : difference from more than 40L in the OI of 11300pe-ce now less than 10L
10:06 Uttam : 11275-285 is supply zone as 0s also there
10:06 Govind : Yea Jit, I exited around the same time…10:05 Jitender : 29.1 pe had bboked at 200.41 at 9.59..look at its high
10:06 Jitender : +1
10:06 Govind : saw the greens and Op-Ra
10:06 Jitender : exacztlyyyy
10:07 Govind : I am learning πŸ™‚
10:07 NP : too good
10:07 Uttam : super Govind πŸ™‚
10:07 Jitender : rite path…..
10:07 Govind : Thanks Uttam
10:07 Shai : 11250 spot last of the monthly supports
10:08 Shubro : looks llke BNF wants more
10:08 Shai : if we stay below 11250 spot expect carnage and faster drops into the weekend
10:08 Uttam : new RS in NF at 11265 looks like? 24k red there
10:08 Rushabh : shai can we check 14-16 may orderflow?
10:09 Shai : you will have to look up the post for that date
10:09 NP : Nifty Spot 11248 and BankNifty 28900 last hopes for bounce ….. break below will create one more round of panic selling
10:09 Rushabh : I tried but not getting orderflow post
10:09 Uttam : @Rushabh you can get them on the website
10:09 Uttam : it will sirely be there
10:09 Uttam : surely
10:10 Rushabh : could you help uttam and get me the link, i did try
10:10 Shubro : trifecta BNF
10:10 Prudhvi : shai plz adjust aug charts
10:10 Uttam : that 11255 fellow holding for now looks like?
10:11 NP : +1
10:11 NP : ‘for now’ is very important
10:11 Uttam : https://vtrender.in/order-flow-charts-dated-16th-may/
10:11 Uttam : @Rushabh
10:12 Uttam : https://vtrender.in/order-flow-charts-dated-17th-may/
10:12 Rushabh : thank you uttam
10:12 Uttam : it is all there on the website
10:13 Shubro : looks like FII’s are in quit inida movement part 2
10:13 Uttam : 11300ce OI not above 30L
10:13 Uttam : just 6L difference now
10:14 Govind : crossover coming? πŸ™‚
10:14 Uttam : yes most likely as they have been trending
10:14 Shubro : cmon ek vwap touch maangta
10:15 Shubro : woah NF not in mood
10:15 Govind : Now what will C do
10:16 Shubro : C is retail right? Wouldnt they panic
10:17 Uttam : that 8k red looks to be a retail shorting below IBL
10:19 Uttam : PE did not make new highs in this new low of NF
10:19 NP : may be a dead cat bounce on cards Uttam ???
10:20 Jitender : lic
10:20 Shai : This drop from budget day is the HNI seller from retail – (10:16) Shubro : C is retail right? Wouldnt they panic
10:20 Govind : C is fighting this Shubro, C low in NF is slightly lower than B
10:21 Shubro : aaah gotcha Shai
10:21 Amit : gm
10:21 Rushabh : you mean pros shai?
10:21 Shai : HNI
10:22 Shai : within retail
10:22 Shai : but they get categorised as retail only
10:22 Shai : today’s lows are important
10:23 Shai : if they do not hold the NF and BNF can drop as low as 9600 quickly
10:23 Uttam : BNF IB range is exact same as yesterday’s day range πŸ™‚ 312
10:24 NP : you mean 10600 Shai Sir?
10:24 NP : 9600 sounds scary
10:25 Rushabh : shai we have supply below 11300? cot is quite positive
10:25 Shai : COT is mixed in rolls
10:26 Shai : 11250 spot was the VPOC- weekly before eelction
10:26 Shai : last of the big players who pushed theindex up here
10:26 Uttam : yes Shai 11254 was weekly VPOC too which has got tagged today
10:26 Shai : +1
10:27 Govind : Amazing, these references are.
10:27 Shai : yes
10:27 Uttam : some greens getting stacked up at 11265
10:27 Shai : BNF also same vpoc
10:27 Uttam : 22k & 14k
10:32 Uttam : booked 25% more of that 11300pe at 62.7 and trailing rest at SL below 40
10:32 Shubro : Jit levels for bullish today?
10:33 Uttam : Shai what is with the USDINR?
10:33 Uttam : tested yVWAP so can reverse the move lower since that big gap up?
10:35 Anubhav null : big reds
10:35 Uttam : boom boom
10:35 Shubro : shabaash BNF chalo
10:35 Uttam : PE making new highs now
10:35 Rushabh : 90k roll?
10:35 Uttam : just a little bit over 2L now the difference in that 11300 pe-ce
10:36 Shubro : finally a big number green
10:36 Uttam : IS at 11250 loks like
10:36 Uttam : ext handle in NF?
10:36 Uttam : but 0s st lows here
10:36 Uttam : one thing needs to get negated
10:36 Uttam : trifecta
10:37 AN : Shai, can you please adjust teh profile chart so the TPOs are visible. I know its difficult due to large profiles,
10:37 MJ : nf bnf gets demand together.
10:37 Boppanna : C period
10:37 Jitender : u buyn here ? (10:37) MJ : nf bnf gets demand together.
10:37 Shubro : ok guys someone help me C period extends lower so the expectation is…?
10:38 Uttam : 37k green in BNF
10:38 Shubro : Jit today BC or MKB?
10:38 Jitender : already done BC…..
10:38 MJ : Only above those greens. J.
10:38 Shubro : ok thought so
10:39 Jitender : see…dont pre empt…(10:37) MJ : nf bnf gets demand together.
10:39 Jitender : its a strong trend
10:39 Uttam : (10:36) Uttam : IS at 11250 loks like
10:39 MJ : Is this prempt? (10:36) Uttam : trifecta
10:39 Rushabh : uttam tht a roll?
10:39 Uttam : trifecta of red at IS I meant there Mihir
10:39 Jitender : yes MJ..100%
10:39 Uttam : with that 1L guy
10:40 Jitender : money shld be were conviction is
10:40 MJ : There is no pre empt, at 5 min auction completed with 0’s
10:40 Uttam : crossover of 11300 can happen here
10:40 Jitender : yr money
10:40 Uttam : 37L to 35L now
10:40 MJ : But did one more dip. So Watching those 0’s and greens.
10:40 Uttam : PCR goes below 1
10:40 Shubro : Jit i apply 2 things when this happens….wait 15 min and then level…is that the right way? like last 5min fell from 29020…is that the approach?
10:40 Govind : Crossing over Uttam
10:41 Jitender : yes Shubro….
10:41 Uttam : 11300p e new high of 82 looks like will give my 105 today only πŸ˜‰
10:41 Shubro : and then vols of course
10:41 Uttam : (10:36) Uttam : IS at 11250 loks like(10:36) Uttam : ext handle in NF?
10:41 Jitender : tradn is a diff ball game n money shld b put were conviction is
10:42 Shubro : ok thx Jit
10:42 Uttam : yes Jit which is why carried small quantity of that 11300pe inspite of OI more than 50L in that at close
10:42 Jitender : mkt gvs lot of oppr…contra require conviton n confirmation esp if u r up +ve in the day
10:43 Jitender : tis is not a balancing mkt
10:43 Jitender : immd contra works better in a balancing mkt
10:43 Jitender : for rest wait fr confirmation
10:43 Uttam : The Value for the day was overlapping and NF has made a nice 2 day balance looking set to move away from here in the coming session(s) while the PLR (Path of Least Resistance) remains down.
10:44 Jitender : so one argument in supp of tat LLTs is C extn also
10:44 Uttam : Neutral Day and the FA at top re-confirming that the PLR is very much still to the downside.
10:44 Jitender : ys
10:44 Uttam : this is how the report of NF & BNF ended
10:48 AN : jit, what’s your confirmation levels ? for BNF
10:48 Uttam : BNF has a big green at 28975
10:48 Jitender : 29020 n 29060
10:48 AN : thx
10:48 Uttam : could also be July shorts booking out
10:50 Shubro : Jit looking at that purple bar for confirmation will that be correct? 29080 levels?
10:50 Jitender : Shubro….wich purple bar ?
10:52 NP : now some of the stocks are trading at 2year 3year lows …… this correction is going to be more painful than 2008 for those portfolio investors ….. and this time we are not following global market trends at all ….. the fall is primarily on account of local issues.
10:53 Shubro : at 29080 30 min
10:54 Jitender : if a bounce abv n ten retest of it holds…
10:54 Jitender : mine r (10:38) MJ : Only above those greens. J.(10:48) Jitender : 29020 n 29060
10:54 Shubro : great thx
10:54 NP : I think now it’s time to turn on “CAPITAL PROTECTION” mode till 2.30pm
10:54 Jitender : see today longs have 2 scalp n shrts have it easy…..confirmation is reqd for reverse of it to has a probab
10:54 MJ : So is it here J there is no preempt I said what I saw on OF at 1035 bar. (10:39) Jitender : see…dont pre empt…(10:37) MJ : nf bnf gets demand together.
10:55 Jitender : my motto is to be safe than b excited n make a mistake
10:55 Jitender : i hope everyone has understood my point
10:55 MJ : And I scalped 29kce too. So yes, trend is down and as you pointed longs scalp short ride the trend.
10:55 Shai : Intra – Sell BNF 28990 sl of 29013 tgt 28840
10:55 NP : Spot Nifty sustaining below 11248 is not a good sign at all
10:55 Jitender : +1 chief
10:55 Shubro : rejection galore
10:56 Shai : not a big push by responsive players, may hit that vpoc at 28840
10:56 Sandy77 : sl 29113 ?
10:57 Shubro : aaj dahi chicken banane ka din hai
10:57 Shai : yes sl has to be abv vwap today for trading more than 100 points
10:57 Govind : Chicken Banana, is that a new dish Shubro?
10:57 Shubro : banane hindi lol to make
10:58 Sandy77 : Shai u have a typo 29013
10:58 Shai : SL is 29103**
10:58 Shai : Thanks Sandy
10:59 AN : (10:37) AN : Shai, can you please adjust teh profile chart so the TPOs are visible. I know its difficult due to large profiles,
11:00 AN : Thx sir
11:08 Shibu : will we get spot at 11001 by this month end?
11:11 Govind : Shai, what are your expectations regarding Vix levels in the near to mid term in terms of forecasting a bottom? Current vix levels are still low compared to previous levelsand we usually bottom out when Vix is high.
11:11 Himanshu : Thanika – How is BN cash
11:12 Thanika : data issues still.. not getting them
11:13 Shubro : Govind appears falling
11:13 Uttam : will that 11300pe give 100 here?
11:14 Govind : Vix Shubro?
11:14 Prudhvi : very temmpting that pe
11:14 Jitender : new lows πŸ™‚ (10:55) Jitender : my motto is to be safe than b excited n make a mistake(10:55) Jitender : i hope everyone has understood my point
11:14 NP : +1
11:14 Shubro : 13.60no
11:15 Shubro : yeah Jit +1
11:15 Shubro : no trades
11:15 Govind : yeah, but this fall feels more like a 17 or 18 vix
11:15 Govind : hence my question to Shai
11:16 TP : +1 Jit and try to hold on …if needed just be away from screen …like I did πŸ˜‰
11:16 Uttam : 41L to 33.5 L now that 11300ce to pe
11:16 Uttam : what a turn around
11:16 Jitender : +1 tej….
11:17 Shubro : is this a poor low D&DE here or wait till E finishes?
11:17 Shubro : D&E ”
11:17 Uttam : +1 Tej I am also just holding the last 25% of that 11300 and tsl much higher than cost now
11:18 TP : +1 need to follow this today ……..(09:36) Shai : stay short if you got in early
11:18 Uttam : +100
11:19 Jitender : now supp fr thoose LLts is tere
11:25 Shubro : max pain BNF anyone?
11:25 Jitender : 29.1
11:25 Shubro : a friend tells me the IV BNF is about 19
11:25 Jitender : was 29.4 yday close
11:25 Shubro : does anyone know what that means?
11:26 Jitender : wats the historical avg
11:26 Shubro : about 13 =14
11:27 Shubro : not sure maybe wrong
11:27 Shubro : does anyone track in the room?
11:28 Govind : 30 day HV is 15.83 and IV is 13.91, as per Opstra
11:30 Jitender : k
11:30 Jitender : can cool dwn a bit due to expiry morrow…IV
11:31 Shubro : ok was close phew
11:31 Shubro : Jit also its said that during expiry IV is not reliable
11:31 Shubro : is that correct?
11:31 Jitender : so the rule is if u do 45DTE ..u get less thetha affect
11:31 Jitender : the more closer to expirty..ththa n gamma rukes
11:31 Jitender : rules
11:32 Shubro : gamma spike last week expiry so positionals close 1 week before convestional wisdom
11:32 Shubro : but logic when it comes to weeklies Jit?
11:32 Jitender : depends on vix Shubro
11:33 Shubro : hmm
11:33 Jitender : low vix u can even shrt of fryday….delta neutral
11:33 Jitender : on
11:34 Govind : Below vwap all day, both indices
11:34 Govind : now only need to get below them zeroes
11:35 Uttam : (10:33) Uttam : Shai what is with the USDINR?(10:33) Uttam : tested yVWAP so can reverse the move lower since that big gap up?
11:35 Uttam : USDINR reversing that OTF down now moving higher
11:42 Shubro : this ding dong phase looks like lasting till 2
11:47 Jitender : (11:19) Jitender : now supp fr thoose LLts is tere
11:47 Boppanna : F makes a HH in BNF
11:48 Shibu : Market will give another oppertunity to short till 2 pm
11:49 Shubro : grreat observation Jit
11:50 Jitender : -1
11:50 Jitender : +1
11:50 Jitender : too many fat fingers 2day πŸ™‚
11:53 Shubro : haha
11:54 Shubro : i thougt kya bol diya
11:54 Jitender : doosra wala sahi tha πŸ™‚
11:54 Shubro : aap bhi doosra dete ho
11:54 Jitender : πŸ™‚
11:55 Jitender : touched 29020 (10:48) Jitender : 29020 n 29060
11:55 Shubro : hm checking it and trying to breaking it
11:56 Shubro : dum nahin
11:56 NP : (10:55) NP : Spot Nifty sustaining below 11248 is not a good sign at all
11:57 NP : now the bounce is struggling to sustain above 11248
11:57 Govind : 11250 CE OI is higher than PE OI now, but PE OI has not dropped in this rise.
11:58 Shubro : 50 50 chance
11:59 Shubro : ok good
12:00 Shubro : BNF still needs some vitamins
12:00 Govind : Vwap test Shubro?
12:00 Shubro : looks like
12:01 Govind : You wanted it πŸ™‚
12:01 Shubro : yep got it and thanks to Jit
12:01 Shubro : for helping with understanding the mvoe
12:01 Shubro : wont reach re Govind
12:02 Shubro : weakening
12:02 Shubro : bodies small large wicks
12:03 Shubro : 29100 CE 62 to 82
12:03 NP : good one Shubro
12:03 Shubro : chota test of trade only
12:03 Govind : nice one Shubro
12:03 Jitender : congo S
12:04 Shubro : thx guys
12:04 Shubro : cash selling reversing it seems? Anyone?
12:04 Shubro : BNF i.e.
12:05 Shubro : fuddu move
12:06 Shubro : jaao wapis niche NBNF
12:07 Govind : At least today the TV guys are giving Sell calls
12:07 Anubhav null : nf back in ib can tag vwap atleast
12:08 Shubro : looks to be a pullback sell to me BNF
12:08 Uttam : rs@ 11257 & now is forming at 11253
12:09 NP : (11:56) NP : (10:55) NP : Spot Nifty sustaining below 11248 is not a good sign at all(11:57) NP : now the bounce is struggling to sustain above 11248
12:09 NP : too much weakness
12:09 Shubro : yeah
12:10 TP : Had 2 criteria for tsl on puts OTF stops and 268 extn handle goes ….extn handle holding OTF stops.
12:10 Anubhav null : consensus is bad
12:10 Govind : +1 TP
12:11 Uttam : in other words you made sure that ext handle held Tej πŸ˜‰
12:11 Boppanna : lol Uttam
12:11 TP : should go i guess Uttam.
12:11 Uttam : Spot needed to check that 11254 once which it is doing now
12:12 Uttam : so can move away from here I feel to the downside
12:12 Uttam : anyways if closes or sustains above 11254 Spot on 30mins then we can get a bounce
12:12 Govind : Get them zeroes now
12:13 Shubro : zero hunters here!
12:14 Boppanna : Uttam didn’t finish all his targets here so below 984 sustains 890 coming IMO now d) Below 29055, lower levels of 29016-28984 & 28922-890 could come into play
12:14 Shubro : today me and bhains looks like scuba diving aagain
12:14 Gaurav : BNF premium also seems high for 2nd last day of expiry
12:14 NP : Technically there is no strong support at least till 11166 Spot ….. but anything can happen near expiry with option writer biggies managing the index moves
12:15 NP : +1 Gaurav
12:16 Shubro : 29100 CE 83 to 75
12:16 Shubro : chota chai pani
12:17 Anubhav null : here voes
12:18 Anubhav null : nf take those short sls
12:18 Anubhav null : arnd vwap
12:19 Anubhav null : last chance
12:20 Shubro : tough hai meri jaan
12:20 Shubro : but dekho dekho
12:21 Shubro : is this a ledge formation Uttam BNF?
12:21 Anubhav null : need 10 points more up
12:21 Shubro : i like to think of as a diving board
12:23 Govind : Ledge wil look more like chopped off profile Shubro
12:23 Shubro : chopped?
12:24 Govind : yeah
12:25 Shubro : more like a an axe waiting to be swung
12:25 Shubro : aaj koi bank nahin jayega.
12:27 Shubro : Shai likely chance for H reversal?
12:27 Shubro : but u got that short on….okies
12:27 NP : fresh wave of sell off coming ???
12:28 Shubro : charts screaming sell
12:29 Anubhav null : sell below dpoc.only
12:29 Anubhav null : nf
12:32 Uttam : pull back high done?
12:33 Uttam : BNF will make new lows first?
12:33 Uttam : spot already there
12:33 Shubro : Chal bhai C tod
12:33 NP : (12:27) NP : fresh wave of sell off coming ???
12:33 Shubro : hum to bolath the pull back sell in BNF
12:33 Uttam : BN spot new lows
12:34 Shubro : noe deep se a diving start
12:34 Uttam : @Bops 28922 almost there
12:34 Boppanna : Out 12:14 Boppanna : Uttam didn’t finish all his targets here so below 984 sustains 890 coming IMO now d) Below 29055, lower levels of 29016-28984 & 28922-890 could come into play
12:34 Uttam : super Bops
12:34 Uttam : congrats
12:34 Jitender : 28.9ce 188-142 (11:55) Jitender : touched 29020 (10:48) Jitender : 29020 n 29060
12:35 Shubro : 28800 PE 55 to 65
12:35 Jitender : congo BoPs
12:35 Govind : Out, 29000 PE from 118 to 142
12:35 Jitender : cheers guys
12:35 Govind : Congrats Bops and Shubro
12:35 Shai : BNF 28945. Book the short
12:35 Boppanna : Thx Uttam ur hypos hardly disappoint
12:35 Shubro : dhanya ho +1 GOV
12:35 Shubro : all trades positive today
12:36 Uttam : (12:35) Boppanna : Thx Uttam ur hypos hardly disappoint…do let me know when they do as it will be a good lesson that time
12:36 Shubro : chalo bhai BNF bahut gire…ab thoda chaddi upar kar lo
12:37 AN : Congrats Jit and thx again 29.2pe 250 – 290
12:37 Uttam : its time for a fresh ext down Shubro
12:37 Govind : New zeroes below the old zeroes and at Dval is why I got out
12:37 Shubro : haha
12:37 AN : Thanks Shai, excellent call
12:37 Shubro : zero hunter Govind good one
12:37 Shubro : we move from 0 to zero
12:37 NP : Congrats Guys
12:38 Shubro : Utttam ur sells are getting just as good as bull calls ….
12:38 Uttam : @Tej ext handle to bacha liya but any plans for new highs in the NF PEs πŸ˜‰
12:39 TP : Booked out most just holding 350 pe with 95 sl insystem.
12:39 Govind : more new lows coming it appears
12:39 Uttam : super my 11300 tsl below 40 in system
12:40 TP : have also taken some 300 ce noe around 16 with 5 point sl.
12:41 Uttam : oh so this time ext handle tag you going to give πŸ˜‰
12:41 TP : looking for it .
12:42 Uttam : my 11650 combo now at 400+ and I was happy booking at 150 175 200 ;-p
12:43 Shubro : dont these falls beg now for an SC Jit?
12:43 TP : that was a great trade …hindsight never matters.
12:44 Uttam : yes Tej next time if have multiple lots will look to hold some at cost
12:44 Uttam : as dont think post Friday that combo came below 250 too
12:44 TP : +1
12:45 Shai : one more b devloping today
12:45 Uttam : no ‘b’ please Shai give one ext down
12:45 Shai : everyone continues to liquidate longs i this market
12:45 Uttam : this is also dangerous right Shai?
12:45 Shai : yes
12:46 Shai : lomg liquidation proifiles can continue to drop
12:46 Shai : and won’t give short covering bounces
12:46 Uttam : longs falling on their own weight so no pull backs?
12:47 Shubro : looks like elevator going to go up
12:47 Shubro : TP u genius
12:48 TP : genius no way …scalper yes πŸ™‚
12:48 Shubro : hehe
12:49 Uttam : Genius ke saath add Modest also Shubro πŸ™‚
12:49 Shubro : haan Maadesht Genius
12:50 Anubhav : dpoc defended in nf again
12:50 Uttam : time to being out your algo early today Anubhav πŸ˜‰
12:51 Uttam : bring*
12:51 Shubro : woah big numbers coming in
12:51 Shubro : NF
12:51 Uttam : this time’s big roll guy expected now?
12:52 Uttam : last time it was at 11915
12:52 Uttam : so been in good profits
12:52 Anubhav : 11200 put writing happening
12:52 Uttam : (12:52) Anubhav : 11200 put writing happening…no wonder market stalling getting ready for the feast πŸ˜‰
12:53 Anubhav : more greens
12:53 Anubhav : break vwap uttam
12:53 Anubhav : this time
12:53 Shubro : NF POC 11354?
12:54 Shubro : is that correct?
12:54 Uttam : Tej doing this Anubhav so tell him πŸ˜‰
12:54 Gaurav : that’s yesterday’s POC
12:54 Shubro : this is pure tej
12:54 Gaurav : correct
12:54 Uttam : thats yPOC Shubro
12:54 Gaurav : todays is referred as dPOC
12:54 Anubhav : cool
12:54 Shubro : ok thx Gaurav
12:54 Uttam : (12:50) Anubhav : dpoc defended in nf again…11239
12:54 Uttam : dPOC
12:55 Shubro : BNF slacking
12:55 Anubhav : 11295 possible above vwap
12:56 Shubro : 11300 16 to 20
12:56 Shubro : CE
12:56 TP : lelo aaj :)………..(12:54) Uttam : Tej doing this Anubhav so tell him πŸ˜‰
12:56 Uttam : le to aap rahe ho sirji dono side se ;-p
12:56 Anubhav : hehe
12:56 TP : haha
12:56 Shubro : lol Uttam
12:57 Rushabh : 1 lac greens in 10 mins
12:57 Anubhav : itne greens aankho me lag rahe hai ab to
12:57 Anubhav : aadat khatam ho gayi
12:57 Shubro : i swear Anubhav
12:57 Anubhav : lol
12:57 TP : lets get back to basics or the screen will disappear πŸ™‚
12:57 Anubhav : salaam vwap
12:57 Uttam : ext handle almost there
12:57 Shubro : hello Vwap
12:58 Shubro : tussi great ho aap gate pass dedo
12:58 NP : 11000CE 235 – 260 …. booked fully
12:59 NP : NF may fail to cross vwap so booked fully
12:59 Govind : +1 Naren
13:00 Shubro : no gate pass
13:00 TP : Uttam holding it 268.
13:00 Shubro : kya yar Uttam
13:00 Shubro : πŸ˜›
13:00 Shubro : jaane bhi do yaaron
13:02 Shubro : wow
13:02 Anubhav : aaye aaye vapas
13:02 Anubhav : algo hai bhai
13:02 Anubhav : same numbers
13:02 Anubhav : qty
13:02 Shubro : mera kutta bhi bhauk ootha
13:03 Govind : Plenty of greens in Aug too
13:05 Gaurav : those 10L guys plan to come on expiry day now?
13:05 Anubhav : 11250 call oi dropping?
13:06 Shubro : Naren assuming we need to short late which NF and BNF PE best?
13:06 Shubro : later*
13:07 NP : 11300 and 29000
13:07 NP : but wait we may see a spike up if vwap is crossed decisively
13:07 Anubhav : ab ki baar?
13:08 Rushabh : rolls some
13:09 Shubro : ok thx N
13:10 Anubhav : waow
13:10 Anubhav : shah buyin?
13:10 Shubro : ok
13:11 Anubhav : surplus money left after buying karnatka mlas is being deployed in nf
13:11 Shubro : lol
13:12 NP : tough fight at vwap …… winner will get quick 20-30 points spike
13:12 Anubhav : dpoc moving up with price
13:12 Shubro : what vola
13:13 Govind : Reliance boom boom
13:13 Anubhav : greens in aug too?
13:14 Govind : Only 3 banks in BNF in green and all up below 1%
13:15 Govind : and BNF did not touch vwap in this upmove
13:15 Shubro : major argument going on iin NF
13:16 Govind : DOne only 2 trades so far Shubro, no contra trades
13:16 Govind : just watching
13:17 Shubro : yeah holding my fingers
13:17 Anubhav : chandryaan mode?
13:18 Anubhav : yooyo
13:18 Shubro : 11300 CE 72 to 85
13:19 Uttam : 11265-260 sup now in NF
13:19 Shubro : couldnt help it Gov
13:19 Uttam : IB there finally on 5mins
13:19 NP : 11100 CE 157-172 booked fully
13:19 Shubro : 11200 CE sorry
13:19 Govind : Nice Naren and Shubro
13:20 Uttam : morning supply zone being tagged here
13:20 Shubro : now lets go back
13:20 NP : +1 Uttam
13:20 Shubro : BNF a little late
13:20 Shubro : ?
13:23 Shubro : NF looks like a pullback sell
13:23 Jitender : how good r theese as ref (10:48) Jitender : 29020 n 29060
13:23 Boppanna : +1 Jit was just about to type the same
13:23 Shubro : sundar and sushil Jit
13:23 Uttam : kyun gaali de rahe ho Jit ko Shubro
13:24 Uttam : he does not like both those adjectives πŸ˜‰
13:24 Shubro : heheheh
13:24 Jitender : lol
13:24 AN : Amazing Jit _/\_
13:24 Shubro : ok ati Uttam
13:24 TP : good one Uttam πŸ™‚
13:24 Jitender : sundar tho thik hai…sushil kaun hai ?
13:24 Uttam : kedia
13:24 TP : kedia
13:24 Jitender : aah
13:24 Uttam : bhool gaye itni jaldi
13:24 Shubro : lolol
13:24 Jitender : u guys r good & tej is tej
13:25 Uttam : you need to watch him more I guess Jit
13:25 Jitender : nah bhai….have unfollowed him yday
13:25 Uttam : cheers Tej (13:24) TP : good one Uttam πŸ™‚
13:25 Uttam : I did that many years back πŸ˜‰ (13:25) Jitender : nah bhai….have unfollowed him yday
13:25 Jitender : +1
13:27 Uttam : Shai ordered for a ‘b’ so ‘b’ it is
13:27 Govind : Only half MP profile is visible for BNF
13:27 Shubro : buying on in NF
13:27 Uttam : that is the full one Govind above that only singles
13:28 Uttam : 29118-29292
13:28 Govind : Ok Uttam
13:29 Govind : zeroes in both
13:29 Anubhav : badiya
13:29 NP : (13:12) NP : tough fight at vwap …… winner will get quick 20-30 points spike
13:29 Anubhav : done target
13:30 Jitender : congo Anubhav
13:30 Anubhav : ashirwad sirji
13:30 TP : part booking 30 odd sl to 20 on rest ……..(12:40) TP : have also taken some 300 ce noe around 16 with 5 point sl.
13:30 Govind : Congrats Anu
13:30 Uttam : Tej you doubled that CE man
13:30 Jitender : +1 Tej
13:30 Anubhav : amitshah
13:30 Anubhav : buyng ke aage kiski chalegi
13:30 TP : tks guys.
13:30 Rajiv null : jit half back ke upar!
13:31 AN : Congrats Anu….
13:31 TP : this is sellers zone now so better book.
13:31 Uttam : +1 Tej
13:32 NP : These are quite dangerous levels to take any fresh trade …… better to stay away for sometime …… just observe and wait for good RR
13:33 Uttam : wow look at BNF slicing thru that selling tail
13:33 Uttam : TSL hit in that 11300pe
13:34 MJ : C quant game strong. And yes this was OF, no pre empt. (10:37) MJ : nf bnf gets demand together. (10:40) MJ : But did one more dip. So Watching those 0’s and greens.
13:35 Jitender : it was pre empt at that time…
13:35 Jitender : ask anyone in the room
13:35 MJ : Change your view Jit. And stop zeroing πŸ™‚ we all are here to make money together.
13:35 Himanshu : jIT uFF – NP was right – was stuck in wrong punch 28800 PE
13:35 MJ : I had conviction in my c period quant.
13:35 Himanshu : from 10.30 Got released now –
13:35 Anubhav : fresh buying case above11035 only now
13:35 Shubro : it was pre emp t re
13:35 Anubhav : 11305*
13:35 Himanshu : ( 34 – 23 ) Balls in mouth
13:36 Uttam : MJ just because we have bounced do not justify it now
13:36 Uttam : at that time it was not a buy
13:36 Shubro : hindsight mein right hai
13:36 Govind : Welcome back HImanshu
13:36 Uttam : we did not get a IB after RB
13:36 Uttam : tredn is down
13:36 TP : +1 if you traded and made money ……(13:35) MJ : I had conviction in my c period quant.
13:36 Himanshu : Yes,,
13:36 Uttam : IS was in the mronign driving it lower
13:36 Anubhav : himanshu policy karwa ke aaya
13:36 Anubhav : tabhi badi hai
13:36 Uttam : so we need to watch the selling POC not the buying one
13:36 Himanshu : Was here only Govind with Balls in mouth
13:37 Himanshu : only respite was 29000 PE OI was higher consitently ,,,
13:37 Govind : Haha
13:37 MJ : Uttam, I am just backing what I learned in the room, c period quant nf bnf getting greens together. @Shai has said this is a nice sign in the past.
13:37 Uttam : no MJ it gives a wrong imression to guys who are new here
13:37 Jitender : yes
13:37 Uttam : in OF we need to follow the stronger force & see how good that is acting
13:38 Uttam : the stringer force was the IS & they were doing good so no reason to exit shorts there
13:38 Jitender : G went much lower than C…tere wud have been a SL
13:38 Himanshu : Bhai log – I believe – Sai Said – HNI retail has to defend 11250 and
13:38 Himanshu : or else big gap till 9200
13:38 NP : it’s premium erosion time guys …. OTM option buyers need to be cautious
13:38 Uttam : in fact even Jit supported later saying now LLT is getting support
13:38 Uttam : but till then it was not a buy as oer OF
13:38 Himanshu : so aprat from LIC – buying – Some has got – few Crs -Open Loan to defend
13:39 Shubro : Himanshu welcome back bro
13:39 Himanshu : Bhai thanks
13:39 Anubhav : haha
13:40 Himanshu : well lot was 3K in 28800 PE hence was on – Om Namo Bhagwate Vasudevau
13:40 TP : Everyone in the room has different TF and SL aslong as the setup makes money evryone is right !!
13:40 Shubro : whipeee
13:40 Himanshu : from 60k Loss to 25K profit ,,
13:40 Uttam : super Himanshu
13:40 Uttam : congrats
13:40 Anubhav : fresh selling
13:40 NP : Congrats Himanshu
13:40 Jitender : congo H
13:40 Himanshu : Thanks for good wishes
13:40 Shubro : wow Himanshu (jaw down)
13:40 Anubhav : sahi time pe nikal gaye
13:41 TP : quick 15 despit the ce still being open ……(13:31) TP : this is sellers zone now so better book.
13:41 MJ : Thanks TP. (13:40) TP : Everyone in the room has different TF and SL aslong as the setup makes money evryone is right !!
13:41 Himanshu : but – I should have obeyed – Jit – Uttam- Sai ( break down was clear from last 2 days profile)
13:41 Shubro : +! TP good timing
13:41 Shubro : +1
13:41 Shubro : aise hi bolta hoon genius
13:41 Himanshu : SO taday was worst execution ( though was wrong punch )
13:42 Himanshu : SO TEj ( Our OTF Player is in room today)
13:42 Himanshu : great ,,
13:42 Uttam : 11235 was the level where RB was followed by a IB & then the dip to 11235 was defended which confirmed that buyer still defending
13:42 Shubro : zeros in the middle order batting
13:42 Shubro : oui filled
13:43 Uttam : OF got to be the same for all Tej though I agree each of us trade on different TFs
13:43 Himanshu : I think now it both profile shall balalnce here for 3 days,,
13:43 Shubro : sellers are back
13:43 Himanshu : to prevent carbage
13:43 TP : Yes Uttam agree OF same .
13:43 Himanshu : I will paay NY premium to LIC
13:43 Uttam : POC was shiting lower till the E period
13:43 Himanshu : so many folios are bleeding like hell
13:43 Anubhav : fresh selling below vwap now uttam?
13:43 Shubro : nirmala kidhar hai
13:44 Himanshu : USki to M
13:44 Himanshu : I Want Amit Shah
13:44 Anubhav : lol
13:44 Shubro : woah nice nice
13:44 Shubro : chai bhai niche apun short
13:44 Himanshu : Buineees to Baniya Samjega
13:45 NP : (13:32) NP : These are quite dangerous levels to take any fresh trade …… better to stay away for sometime …… just observe and wait for good RR …….. Protecting Capital is much more IMPORTANT than Profits
13:45 Anubhav : back at vwap
13:45 Shubro : trend is my friend
13:45 Anubhav : decider zone
13:46 Shubro : gayo
13:46 Uttam : he he he
13:46 Anubhav : 1 candle to ruko yaar
13:46 Shubro : nahin no rooking
13:46 Jitender : πŸ™‚
13:46 Jitender : kya thokha hai fii’s ne
13:46 Uttam : and this has fallen inspite of greens above VWAP
13:46 Anubhav : kal bhi ais ehua tha 11400 pe
13:46 Anubhav : seloff
13:47 Anubhav : ajab gajab fii
13:47 Shubro : aaj another 2000 crore nikelga lagta hai
13:47 Anubhav : kaha le jaynegpasia bahar ro negative intrest rates hai
13:48 Shubro : tthat little ray of hope just vamooshed
13:48 Anubhav : new week wed has fed meet and china deal news i think
13:48 Shubro : Naren super bhai
13:48 Anubhav : next*
13:48 Shubro : u r precisely that voice of reason need for newbie traders
13:48 NP : this last leg of fall (if any) is going to be brutal
13:49 Anubhav : this candle is imp
13:49 NP : +1
13:49 Shubro : this candle is a pit stop before bloodbath
13:49 Himanshu : 29000 PE OI is increasing and 29000CE is decreaseing
13:49 Anubhav : still above dpoc n vwap lets seee
13:49 Himanshu : 28800PE OI is increasing – crossed 29000CE
13:50 Himanshu : so far .. 29000 PE ( is defending )
13:52 Shubro : people will be relieved to see weekend
13:52 Shubro : more than anything else
13:52 Shubro : mcdowell will go up on monday
13:54 Anubhav : hmmm
13:56 TP : guys check this intresting thread…..https://twitter.com/paststat/status/1153940427365482496?s=20
13:56 Uttam : nice Tej +1
13:57 TP : Little cranky guy but amazing stats …always.
13:58 Uttam : oh yes I have met him, a genius but as they say most of them are eccentri also
13:58 Uttam : I have his book too which he had written on Nifty set ups
13:58 Uttam : autographed by him
13:59 Himanshu : BOom
13:59 Himanshu : Boom
13:59 Himanshu : 11300 PE release time
13:59 Anubhav : aaj paisa khatam nahi ho raha bulls ka
14:00 Himanshu : TOld you ( Bank limit is there)
14:00 Rushabh : tp whats the data he posted?
14:00 Himanshu : cause LIC alone clant defend
14:00 Anubhav : 11310 is final stoploss for shors
14:01 TP : (14:00) Rushabh : tp whats the data he posted?…..nifty closing at 20 day low close , ahead of opex day , and next 1/2/3/4/5/10/20 returns , since 2000 -.
14:02 Anubhav : attempting 1 small short via 11300 put here
14:02 Gaurav : what’s meant by “Opex”, can anyone explain
14:02 Rushabh : opex?
14:03 Anubhav : greens stuck at top ?!
14:04 Shubro : hahaha
14:05 Shubro : reversal
14:05 Anubhav : nice
14:05 Anubhav : 75 -83 scalp
14:05 Shubro : price action zindabad
14:06 Uttam : ORR start so NF could not get back into pday range & BNF getting rejected frpm hvn of 29190 for now
14:06 Anubhav : out coz of this big greens
14:06 Govind : +1 Anu
14:06 Anubhav : today is not one sided selling like yest
14:06 Himanshu : hmm
14:06 Anubhav : somone is buying dips
14:06 Anubhav : big pockets
14:06 Uttam : 78k right at vwap
14:06 Himanshu : at 29195 was watching PD close and exited 28800 PE
14:06 Govind : Karnataka MLAs
14:07 Uttam : there on aug also
14:07 Himanshu : HAHA
14:07 Himanshu : They are bag full
14:07 Himanshu : inface Yedi also can buy
14:07 Himanshu : Since he has forward earnings now
14:07 Anubhav : hehe
14:08 Uttam : even Kumaraswamy too with the money he made in so many months πŸ˜‰
14:08 Anubhav : wow
14:08 Himanshu : He cant match Yedi, Jagan Reddy and Chandrabrabu
14:08 Himanshu : This trio is Mineral giant
14:09 Himanshu : They have mined more minerlas then MMTC or any other PSU in business
14:09 Uttam : You are underestimating him & his dad Himanshu which gave rise to the entire Sahara parivaar πŸ˜‰
14:09 Himanshu : yes
14:09 Himanshu : But he is DUMB
14:09 Uttam : yes that’s there others have made use of the money more than them
14:10 Himanshu : Reddy Bros, Yedi and Chandra babu etc are way ahead
14:10 Himanshu : Old gen was coruption rate was HIndu rate of Growth 3%
14:10 Uttam : USDINR also making a ‘b’
14:10 Shubro : selling stalled Jit?
14:10 Himanshu : New gen is China GDP rate ( 10 % and more)
14:10 Uttam : lol now its 3000% Himanshu?
14:11 Uttam : USDINR almost at day lows
14:11 Uttam : yeh ho kya raha hai πŸ˜‰
14:11 Himanshu : Amravati Developemnt funds/Grants from Centre – was not submitted with bills and proods
14:11 Himanshu : proofs and thats why TDP had to part
14:12 Himanshu : BJP pressed wrong nerve of him,,,
14:12 Himanshu : I believ – OF is buying here ,,
14:13 Himanshu : and will convince rest of the market in August till 11644 – all is good
14:13 Anubhav : bottom made?
14:13 Rushabh : 1m cot
14:15 TP : those holding longs put in a decent sl in system as this could spike either ways into the close.
14:15 NP : +1
14:15 NP : VIX again below 13
14:18 Govind : THis Vix has been doctored with
14:18 Govind : no good
14:18 Shubro : yeah agree Gov
14:18 Shubro : uselless for this kind of movement
14:19 Gaurav : @TP can you explain “opex” here (14:01) TP : (14:00) Rushabh : tp whats the data he posted?…..nifty closing at 20 day low close , ahead of opex day , and next 1/2/3/4/5/10/20 returns , since 2000 -.
14:19 TP : no clue
14:20 TP : could be ….’Options Expiration OpEx’
14:20 TP : google it
14:21 Govind : No good deed goes unpunished πŸ™‚
14:21 Gaurav : yes thats the sensible one, general one is operating expenses
14:21 Shubro : BNF glued to VIX
14:22 Shubro : 30 min
14:22 Shibu : option exchange
14:23 Shubro : chal BNF MKB
14:24 Shubro : daddy in the money
14:24 Jitender : timing (14:15) TP : those holding longs put in a decent sl in system as this could spike either ways into the close.
14:24 NP : +1 …. good timing TP
14:25 Shubro : 29000 PE 80 to 110
14:25 Govind : Shubro MOney!
14:25 NP : Congrats Shubro
14:25 Shubro : Naren u did it thanks bro
14:25 Shubro : and TP genius
14:25 Shubro : patience paid
14:26 TP : guys been trading less today ….so too many rants πŸ™‚
14:26 Shubro : rants are good
14:26 Shubro : keep going
14:28 Shubro : USDINR Stuck Uttam
14:30 Anubhav : algo time coming up
14:30 Anubhav : aaj buy ke mood me hai subah se
14:30 Anubhav : 0s
14:30 Govind : Only 2 trades today, otherwise would have definitely lost money. Want to keep my 2 DT….14:26 TP : guys been trading less today ….so too many rants πŸ™‚
14:31 Jitender : kudos Govind
14:31 Govind : Thanks Jit
14:31 Jitender : keep tat up n u wud soon be very successful
14:31 Shubro : one of those days all except 2 small trades positive and 2 DT
14:31 Govind : Thanks bro
14:31 Govind : Congrat Shubro
14:32 Shubro : Govind man good hunting
14:32 Jitender : Shubro..chai pe lo
14:32 Govind : Yeah Shubro
14:32 Shubro : haan wahi karna ja raha tha
14:32 Shubro : lol
14:32 Jitender : ten bank jaana hai na
14:32 Shubro : haan yes
14:32 Shubro : look like one of those days end of day
14:32 Shubro : Jit kuch paise jama karwana hai kya?
14:33 Jitender : yes
14:33 Shubro : ya bank ko bolke aaata hoon bhai tum log short aaj
14:33 Jitender : Is Shai here
14:34 Shubro : Shai why so quiet baba
14:34 Shubro : kuch to indicator do
14:34 Shubro : ek 100 point buy maangta
14:35 Shubro : actually looks more like BNF niche girega
14:36 Shubro : spiky spiky
14:36 Jitender : jubliant miss on numbers
14:36 Himanshu : Shubhro
14:36 Himanshu : no chance
14:37 Himanshu : Jubilant 2nd qtr result will be good
14:37 Himanshu : Depreesed People will eat more pizzas,,
14:37 Shubro : hehe
14:38 Shubro : my money is on mcdowell
14:38 TP : you trading that counter , is very volayile …..(14:36) Jitender : jubliant miss on numbers
14:38 Govind : kotak in red now, only HDFCB in green in BNF spot
14:38 Himanshu : some how – DHFL promoter Wadhwan and Jubilkant both looks like Brother ( In kind)
14:38 NP : (13:38) NP : it’s premium erosion time guys …. OTM option buyers need to be cautious(13:45) NP : (13:32) NP : These are quite dangerous levels to take any fresh trade …… better to stay away for sometime …… just observe and wait for good RR …….. Protecting Capital is much more IMPORTANT than Profits ………. knowing ‘when NOT TO TRADE’ is Important than knowing when to trade
14:38 Himanshu : NP – Sirji
14:38 Himanshu : +10000
14:40 Jitender : did it yday…not today (14:38) TP : you trading that counter , is very volayile …..(14:36) Jitender : jubliant miss on numbers
14:40 Shai : t
14:40 Himanshu : For now stocks are under ‘ Pradhan Mantri Yojna ‘ for Rural Investors
14:40 Govind : Haha
14:40 Shubro : sahi Himanshu
14:41 AmitJ : Affordable Stocks Scheme). The aim is to bring stock prices down by 90%, so that poor and lower Middle Class people can start investing in the stock market
14:41 Shubro : giving the rurals to enter market
14:41 Shubro : after that everyone can sell pakodas
14:41 Himanshu : You can buy – PNB, FED bank, NMDC etc – one at a price of Handkerchief or Towel at the most
14:41 Shubro : enuff capital
14:41 Shubro : question is khayega kaun
14:42 Himanshu : Farmers will buy with 6000 Rs direct credit to account
14:42 Himanshu : for Seeds and Fertilizers – Banks are giving loans
14:42 Jitender : and losses will be subsidised
14:42 AmitJ : ha ha
14:42 Himanshu : I have huge respect for FArmers and Soldiers so
14:42 Himanshu : any comment here is purely – intraday Jokes
14:43 Himanshu : shall not be taken home,,
14:43 Anubhav : 2MIN LEFT
14:43 Shubro : of course
14:43 Anubhav : be ready
14:43 Himanshu : why 2 minute
14:43 Himanshu : today are they cloisng early..
14:43 Anubhav : nahi algo attack
14:43 Himanshu : Kejriwal is planning Investors protest in Delhi
14:43 Govind : Anu, do algos come in at a set time every day?
14:44 Himanshu : Jantar- Mantar
14:44 Anubhav : yes goving plus minus 5 min varience
14:44 Shai : upmoves are not sustaining right?
14:44 Himanshu : Govind Algo niche lejayega
14:44 Shubro : told ya Himanshu
14:44 Anubhav : see
14:44 Shubro : πŸ™‚
14:44 Anubhav : dpoc gone
14:44 Anubhav : algo jinabd
14:45 Shubro : spike spiky?
14:45 Shubro : mike the spike coming?
14:45 Himanshu : If crude crash – Govt will increase 1 rs Excise again and saved money will be saving markets ?
14:46 Shai : 0’s again
14:46 Shubro : spot lower
14:46 Shubro : or loweringgg
14:46 Shai : 11203 coming
14:46 Shubro : 28800 coming?
14:46 Anubhav : dpoc to ibl in 1 bar
14:46 Shubro : charts stucck?
14:46 Shubro : not now…..
14:49 Anubhav : kama ke nikal gaye saale
14:49 Anubhav : lol
14:50 Anubhav : lagta hai pehle cover order daala hoga and then fir hsort kiya hoga
14:50 Shai : anyone has an update on a supposed SEBI circular banning fuinding against securities?
14:50 Shubro : BNFchal le last station baki hai
14:51 Anubhav : max pain in nf 11300 or 11200?
14:51 Gaurav : that’s another bad step if true
14:52 Shai : would be
14:52 Jitender : 11300
14:52 Anubhav : thnx
14:52 Shai : I thought it was a rumor yesterday but hearing from diff sources now
14:52 Shai : still don’t know much
14:53 Anubhav : another quicky
14:53 Shai : would be like a hot knife through butter if they do it
14:53 Himanshu : That could be on Share pledge by promoters
14:53 Jitender : Shai….do u c selling over the series ?
14:53 Jitender : balance till next thruday ?
14:53 Himanshu : cause each bank has list of securities on weekly close basis – rating and like DHFL types are not given loan against
14:53 Shai : open below 11250 tom can see more selling
14:54 Shai : else neutral
14:54 Shai : 11250 spot is my positional marker next few days
14:54 Anubhav : howz aug for the day?
14:54 Gaurav : August cot is 7.5 L green, and Jul >10L
14:54 Jitender : tx
14:54 Anubhav : cot*
14:54 Jitender : Shai
14:54 Himanshu : Ok,,
14:54 Shai : 11030 expected tom itself if we are below it
14:54 Shibu : climax
14:54 Govind : Shai, anything we can carry overnight?
14:55 Gaurav : hopes
14:55 Shai : πŸ™‚
14:55 TP : +1 I was thinking about a scare for 11k pe writers
14:55 Shubro : lol
14:55 Shai : carry an Aug 10000 put
14:55 Shai : 11000*
14:55 Govind : ok
14:55 Govind : thanks
14:55 Shubro : good one SHai
14:56 Shai : low is not secure
14:56 Shai : we have to go lower
14:56 Shubro : both?
14:56 Shai : yes
14:56 Shai : BNF can drop real fast to 27600
14:57 Shubro : holy moly
14:57 Shubro : so bad
14:57 Shai : there is a big hole below 28890
14:57 Shubro : hmm
15:00 Shubro : game over for today?
15:00 Anubhav : algo 2
15:00 Anubhav : coming up
15:00 Shubro : hehe Anubhav
15:00 Shubro : sahi
15:01 Anubhav : above dpoc again aaj dumm hai buyers me
15:02 HPandey : no short covering shai ?(14:56) Shai : low is not secure
15:02 Anubhav : koi inside news to nahi aani postive after mktcose?
15:02 Anubhav : close
15:02 Anubhav : inspite of weak technical too much greens today
15:03 Prudhvi : rolls
15:04 Anubhav : 3.05
15:04 Anubhav : seems up
15:05 Shubro : chalo algo here no?
15:05 Anubhav : time to ho gaya
15:07 Anubhav : vix fell today
15:07 Jitender : worst july series since 2000 so far
15:07 Jitender : as per tv
15:07 HPandey : shai ?(15:02) HPandey : no short covering shai ?(14:56) Shai : low is not secure
15:09 Shai : drop is on long liquidation
15:09 Shai : hence no short covering seen
15:09 Govind : +1
15:11 HPandey : ok shai
15:14 Sandy77 : Shai, BNF range for expiry tom ?
15:14 Rushabh : shai another day of huge positive cot in both series any comments on this
15:15 Shubro : this can go any way tomorrow now no Shai?
15:16 Shubro : Govind last trade negative small thought would crack lows πŸ™
15:16 Shubro : end of day
15:17 Shubro : chalo overall blessed day
15:17 Shai : BNf still weak
15:17 Himanshu : Chief – these series of greens in NF are they booking profits of Shorts or new fresh longs are created here
15:17 Shubro : Thanks Naren, Jit, Govind and TP
15:17 Shai : headed lower
15:17 Shai : rolls Himanshu
15:18 Shai : and hedges
15:18 Govind : Shubro
15:19 Govind : Bye man
15:19 Shubro : bye bro
15:19 Shubro : speak soon
15:19 Govind : Cheers
15:22 Shai : Bye all
15:22 Shai : Have a nice evening. Catch up tom
15:22 Anubhav : bye
15:23 AmitJ : bye all
15:23 Anubhav : still have a feeling we can get some new after close
15:23 Anubhav : positive likely
15:23 Anubhav : coz of buying happenin after 3pm
15:24 Anubhav : news*
15:24 AmitJ : anu this is happening from last 3 days after 3.15 pm isn’t it ?
15:25 Govind : Could be intra SC right?
15:25 Anubhav : maybe
15:25 Anubhav : lets see
15:25 Anubhav : sc at day highs
15:25 Anubhav : weird
15:27 Anubhav : big numbers plus price moving up with it also
15:28 Uttam : thanks All πŸ™‚ have a lovely evening
15:28 Govind : Bye guys
15:28 Himanshu : Bye all
15:29 Himanshu : Thanks for being there,,
15:29 Gaurav : last 15 minutes is MIS guys squaring off anubhav, 6 hours of action closing in 15 minutes, would always be big volume
15:29 Anubhav : yes yes likely
15:30 Anubhav : close is above dpoc n vwap tho
15:30 Anubhav : lets see tomorrow take care

Order Flow charts dated 24th July