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
08:59 Manikandan : Gm all
09:00 Himanshu : GM all
09:00 Ankush Jain : good morning
09:01 Ankush Jain : Uttam’s MP analysis missing today
09:03 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/936928749
09:04 Vtrender Live : 5 min charts – https://join.me/505-627-785
09:05 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647754567?pwd=SThUUzhiaENTRzEwdjRGZ3c2OTFvUT09
09:06 Shai : GM all
09:06 Rohan : GM All
09:06 Shai : ref zone is 11100- 11125 for the open
09:07 Shai : Allow an open bias around this zone as the market waits out RBI
09:07 Vyom : gm all
09:07 Vyom : rbi policy at 12 pm
09:07 Shai : lower supp is still pullback lows of 11027 from tuesday
09:07 Shai : upper FA at 11226 is now a confirmed supply
09:07 Kumar null : gm
09:07 Shai : trade zone remains 11027- 11226 like yesterday
09:10 Giridhar Gowravajhal : GM all !!!
09:10 Tejpreet : GM All
09:11 Aditya09 : gm all
09:11 Krantik Bordoloi : goodmorning all
09:11 Shashidhar : Good Morning All
09:12 Uttam : Good Morning All 🙂
09:15 Aditya09 : cant see charts
09:16 Chintan : GM all
09:16 Anuj : GM everyone
09:17 Rajesh G : good morning
09:20 Aditya09 : cant see charts on webinato is it with me or everyone?
09:20 Uttam : charts are fine
09:21 Ashwath : chart fine
09:21 Ankush Jain : looks good
09:22 Aditya09 : thanks logged out nd looged in now fine
09:22 Ankush Jain : OAIR?
09:23 Uttam : some reds coming in NF at yesterdays PBH of 11160
09:23 Uttam : first veap rejection was there after we saw that big liquidation
09:24 Uttam : vwap*
09:24 Kumar null : can share joinme code I didn’t get that
09:24 Uttam : (09:03) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/936928749(09:04) Vtrender Live: 5 min charts – https://join.me/505-627-785(09:05) Vtrender Live: 5 min charts of BNF, password vtrender- https://zoom.us/j/8647754567?pwd=SThUUzhiaENTRzEwdjRGZ3c2OTFvUT09
09:26 Shai : open auction
09:28 Ankush Jain : looks like sideways till 12 pm
09:29 Shai : Announcement – we have a webinar at 08.30 pm in the trading room. Login with the same ID as you always do. Only for a live audience. No recordings .
09:29 Ankush Jain : Great Shai
09:29 Ankush Jain : looking forward
09:29 Shashidhar : +1
09:29 Nirmal : +1
09:29 Anuj : +1
09:29 Aditya09 : super
09:29 Prashant : Looking forward to that
09:30 Manthan Thakkar : +1
09:31 K2dt : acha hai..small IB banao.. will have a good RE later
09:32 Shai : We speak on the non- regulars today- the bits n pieces players but who come and make a major impact on the auction. So login
09:32 K2dt : +1 chief
09:32 Ashwath : +1
09:33 Shai : 11183 imm supply before that FA
09:33 Shai : 11183 is the 0’s yesterday
09:34 Shai : 21540 holding BNF
09:34 Shai : is ref zone into RBI
09:34 Shai : Any close in BNF below 21400 today is major bear
09:36 Uttam : morning 0s held in NF
09:36 Uttam : and now the mornign reds being forced out
09:36 Uttam : we had 0s at both ends in the first 5min bar
09:37 Shai : Defence Ministry says China transgressed into Eastern LadakhStandoff likely to be prolongedSituation sensitive, requires close monitoring and prompt action.
09:38 Shai : Is this recent ?
09:38 Jitender : tey nvr retreated
09:38 Jitender : and have moved mechanised div..cuttn off the new road India built
09:39 Jitender : from 1-4km tey r in Indiana territory at various ppoints
09:41 Shai : okay
09:41 Manikandan : The ministry is narrating what happened and current state
09:42 Shai : ok
09:42 Krantik Bordoloi : yes, old news as far as market is concerned
09:45 KK : Can RIL go back to 2190 on expiry day, considering it took support at 2106 ?
09:46 Karthik : 2500 seems real
09:47 Arnav : no sir. its todays update. ANI just tweeted. i’m tagging you in the tweet
09:47 Seshadri : shai, put writers are trying to get control.. PCR has moved from 0.82 to 0.97 for today expiry
09:49 Seshadri : pcr for nifty
09:50 Shai : +1
09:50 Krantik Bordoloi : Shai, can we also access order flow details for major stocks like RIL and HDFC Band?
09:50 Krantik Bordoloi : *Bank
09:50 Rahul : 1.31
09:50 Shai : 11200 pe has 55 supp
09:51 Seshadri : bank pcr moved from 0.71 to 0.78 bank nifty still in call writer control
09:53 Shai : you can – (09:50) Krantik Bordoloi: Shai, can we also access order flow details for major stocks like RIL and HDFC Band?
09:53 Shai : Orderflow requires specialization
09:53 Shai : don’t treat it like another charting product
09:54 Krantik Bordoloi : yes
09:54 Shai : you choose 1 or 2 instruments and work with them
09:54 Shai : most of us here are focussed on either NF or BNF
09:54 Shai : we don’t go everywhere looking for Orderflow
09:54 Shai : choose 1 instrument and make it big with size and speed\
09:54 Shai : that is the way to trade with Orderflow
09:55 Maxis : a specilist doctor makes more than a general physican.
09:55 Ankush Jain : +1
09:55 Shai : specialize don’t generalise
09:55 K2dt : one underlying enough to make a living chief
09:55 Shai : +1
09:55 Ankush Jain : how many levels can 1 keep track
09:56 Ankush Jain : can be tough
09:56 Shai : Jit, Uttam , Gov and so many here have chosen BNF
09:56 Shai : I work with NF
09:56 Fenil : Cheif what your view on specializing only NF or BNF and that too using options OR Futures(only one)
09:56 Shai : choose 1 and get good at it
09:57 Shai : only retail runs around chasing stocks for intra day – professioanals specialise
09:57 Nirmal : Jeee Baaat shai sir : choose one and relax
09:57 Nirmal : +1
09:57 Manikandan : I fear not the man who has practiced 10000 kicks once, but I fear the man who has practiced one kick 10000 times. – Lee
09:58 Shai : does not matter , we all trade options based on F levels- (09:56) Fenil : Cheif what your view on specializing only NF or BNF and that too using options OR Futures(only one)
09:58 Shai : Go deep ITM option if conviction is good else stay with ATM or OTM
09:58 Kumar null : m new here I feel glad that I chose good path now
09:59 Shashidhar : but deep ITM are sometimes not liquied, right Shai?
09:59 Shai : 0.7 or 0.8 dellta good enough
09:59 Shai : delta*
09:59 Shashidhar : ok
09:59 Shai : else 0.5
10:00 Krantik Bordoloi : the OF on the 30 mins chart has order figures in ‘000s right?
10:00 Fenil : makes sense
10:04 Shai : yes
10:07 Karthik : Uttam, what does “0s at both ends” means?
10:07 Seshadri : shai nifty pcr crossed 1
10:11 Rahul : C side coming ?
10:18 Shai : 0’s
10:18 Shai : 11120 has open o’s also
10:23 Himanshu : 21300Pe – 72-55 Exited
10:24 K2dt : +1 H congrats
10:24 K2dt : 55 holding in the 11200 pe chief
10:25 Maxis : what’s the NF TPO size?
10:25 KK : bnf has nicely placed 0s.never broke that high and when it did..nice 0s..
10:25 Maxis : 2?
10:27 KK : i thought it went to 55 K2dt
10:27 KK : 52*
10:28 K2dt : 51.45 lo in that candle KK.. m telling for now 55 holding
10:29 Shai : steady abv 0’s
10:29 Shai : no short till we are abv it
10:29 Uttam : yes today C side may not give dhoka feel like
10:29 K2dt : noted chief
10:29 KK : ok,sure,thanks
10:29 Uttam : though we have 0s zat top also in BNF now
10:29 Nirmal : but D confirmation is needed
10:29 Uttam : 55k red
10:30 Nirmal : c side general rule fails
10:30 Nirmal : will wait D to trade above C high
10:31 Shai : C has vol
10:31 Shai : not to be considered
10:31 Shai : for C rules
10:31 K2dt : +1 ..for c ext fail we should have low vols
10:31 Maxis : and about c had no voluems yest?
10:32 Maxis : so that’s an exit fail?
10:32 Shai : can do 11226 sl of 11170
10:39 Shai : yesterday had o’s at top and red COT no?
10:39 Shai : today is one player
10:40 Avinash : This guy came exactly at 11180 as yesterday
10:40 Shai : Exit the long of any in
10:40 Shai : we look for shorts below 11170 now
10:40 Shai : COT changing
10:40 Uttam : yes IS forming
10:41 K2dt : ISs matching IBs today
10:44 KK : 21700 CE 154 to 122..half booked.
10:44 Shai : Intra – shiort NF below 11169 sl of 11193 tgt 11147/ 11102. Short below only
10:45 Shai : up momnetum lost here – (10:40) Shai : COT changing
10:45 Shai : let’s see what sellers bring now
10:46 Himanshu : Chief – Just a thought – would be trading after RBI meet – cause Restructring – Morotorium some Key announcement and Vix on either side – will save emotional capital
10:47 Rajiv Ohri : 13K’s stuck in both or too early to say
10:47 KK : in bnf, ok no.. low no. for NF to have any significance
10:48 Himanshu : Nifty Pharma – now 11450 –
10:49 Fenil : NF 11100 PE writers have sold majority in 20’s range
10:57 Uttam : BNF defending that 21580
10:57 Uttam : 0s at vwap break there
10:57 Uttam : 13k red stuck at lows
10:58 Uttam : but needs to get above 21675
11:04 Rajesh G : test
11:06 Shai : NF in
11:07 Rahul : yeeepppp
11:08 Bhushan : IN
11:09 Kumar null : in
11:09 Ankush Jain : Shai we shorted below 0s of 10:15 bars?
11:12 Shai : yes
11:12 Uttam : BNF confrism another FA at todays high
11:12 Uttam : but 80k green stalling the move lower
11:12 Uttam : 0s below it
11:13 Shai : Yes BNf has 0’s below
11:13 RiteshM : whats is O,s
11:14 Uttam : 0s there in top of that bar also in BNF from 21590-21555
11:14 Uttam : lets see if there can be negated
11:15 Shai : will be speaking more on these 0’s tonight in the webinar – it is a strategy I am evry excited about as algos come big into our markets
11:15 Fenil : +1
11:15 Uttam : awesome Shai 🙂
11:15 Irfan : thak u shai
11:15 Shashidhar : +1
11:15 Sumeet : burning question with all iln the room, Shai. Will be much appreciated
11:16 Uttam : BNF finally tags the VPOC at 1atr of 21445
11:16 Uttam : 1.5 IB down also there
11:16 Shai : Modify NF sl to 11197 F and wait . we stay in till 11.45 on this 1
11:16 Uttam : NF whereas almost tagged the 1.5 IB up
11:16 Uttam : and has a long A period singles still
11:16 K2dt : if u can include dpoc shift also tonight chief..that would be awesome
11:16 Himanshu : We are in garden of Zero Flower
11:16 Rajesh G : charts lagging
11:17 Uttam : IS & back above VWAP means seller not doing a good job
11:17 Shai : BNF has to decide soon
11:17 Uttam : I thought that dip came cos policy news was out
11:18 K2dt : mee too UG..it was quite fast
11:18 Uttam : looks like that 57k seller booked out
11:19 Uttam : neat 225 points he got
11:19 Uttam : 21720-21490
11:22 SandeepP : how r u able to determine its a single person
11:22 SandeepP : pls advise
11:22 Uttam : no where else we have such big numbers on 5mins
11:22 SandeepP : ok
11:22 SandeepP : 1.28 crores lucky guy
11:23 Uttam : when that 57k red came we got 0s at highs
11:23 Uttam : and now when this 8ok green came we got 0s at lows
11:23 Uttam : both xcoming at extremes of the day so far
11:24 Uttam : which means more chances that this was one big player
11:24 Uttam : taking out all vols of the other side
11:25 Uttam : BNF getting ready for the big bash?
11:25 SandeepP : thanks uttam
11:25 Uttam : +1
11:26 Santosh : @uttam good observation on that 58k player in bnf.
11:27 Uttam : _/\_
11:27 Uttam : 11:30 is the announcment?
11:27 Uttam : it is time
11:27 Sanjib : 12
11:27 Rahul : yep
11:27 Bhushan : 12
11:27 K2dt : 12 UG
11:27 Uttam : oh ok thanks guys
11:27 Uttam : so right in the DD time
11:28 K2dt : 🙂
11:29 Santosh : @uttam, what about these 83k at 11:05 candle.
11:29 Sylvester : Rate announcement happens 15 mins early
11:29 Sylvester : only policy is or will be read at 12
11:29 Bhushan : press conf
11:29 Bhushan : 12
11:31 Arjun : SL hit ?
11:31 Anuj : 97
11:31 Bhushan : not yet 97
11:32 Arjun : yes. sorry i missed that .
11:32 Arjun : thanks
11:32 Shai : Yes I modified it a bit as BNF stalled that leg lowert
11:33 Uttam : 11198 was yesterdays scene of crime
11:33 Uttam : HVN formed there
11:34 Uttam : the 2 IS bars formed had the POC also right there
11:34 Uttam : yesterday
11:34 Uttam : at 10:30 & 10:45
11:34 Uttam : although NF did go back above it to tag 11212 later
11:35 Uttam : before that huge COT of -2.5L came
11:36 Rajesh G : ug nifty poc shifted
11:37 Rajiv Ohri : RBI @ 12?
11:37 Uttam : yes both vwap&poc togehter
11:37 Nirmal : 12 yes
11:40 Shai : straight to 136 if 175 goes now
11:41 Ankush Jain : 175 is VAH
11:41 Ankush Jain : and few 0s in 1105 bar also
11:43 Ankush Jain : F kicks in
11:45 Shai : NF is at cost- RBI in – can exit at cost here
11:45 Shai : those wanting to hold same sl
11:45 Shai : reduce risk and trade
11:50 Santosh : spot fo nifty moving more than future. 😀
11:51 Uttam : NF forming Value in yesterdays low vol zone
11:51 Uttam : but BNF making that beer belly of yesterday more prominent
11:53 Shai : 6 mins
11:54 Ankush Jain : 1/2 day to RBI policy
11:54 Shai : 21430 to watch BNF
11:54 Ankush Jain : why they chose expiry day?
11:54 Shai : is swinging down to 21074 below it
11:54 Uttam : to make money 🙂
11:55 Uttam : a nice ‘p’ shape in NF so far
11:55 Ankush Jain : RBI anyways can print as they like
11:56 Uttam : boom boom
11:56 Ankush Jain : 🙂
11:56 Ankush Jain : 🙂
11:56 Uttam : BNF had soem 30k reds stuck in prev bar
11:56 Uttam : they got hit looks like
11:56 Ankush Jain : 🙂
11:56 Ankush Jain : policy out it seems
11:57 Ankush Jain : plenty of reds in nf
11:57 Himanshu : Uff – Itch Trade – 11500 PE – 41- 29
11:57 Himanshu : Will never do this acrobatic – UG – I swear
11:58 Anuj : ab downspike mil jaye to
12:00 Uttam : 21530 & 11180 ref
12:00 Uttam : 0s there
12:00 Rahul : Gov Speaking
12:01 Rahul : imp annoucement in 2nd half
12:01 Uttam : yeh lo
12:01 Anuj : ye baat
12:01 Rahul : jee ebaaaat
12:01 Anuj : 47-70 11200 pe
12:02 Shai : +1
12:02 Shai : unchanged
12:02 Bhushan : no cut
12:02 Uttam : big vols stuck at lows in both
12:03 Uttam : 1L in NF
12:03 Uttam : 63k in BNF
12:03 Rahul : yep
12:03 Vyom : other announcements may decide the direction
12:03 Rahul : yep
12:04 Shai : 50 sl in 11200 pe tgt 87
12:05 Shai : sl 11204 in NF
12:11 Rajesh G : no screen
12:11 Uttam : fine here
12:12 Shai : 71 done- (12:04) Shai : 50 sl in 11200 pe tgt 87
12:12 Shai : sl now 58
12:12 Ankush Jain : yes
12:16 Siddharth null : sl triggered
12:16 Shai : exit
12:16 Shai : he is done?
12:16 Rahul : nope
12:17 Shai : 🙁
12:17 Rahul : Awaiting an importance announcement
12:17 Naresh Dubbudu : Not yet. He can announce OTR
12:17 Fenil : no update on moratorium
12:17 Sumeet : moratorium awaited’
12:17 K2dt : no QnA session today right?
12:17 Uttam : it should not be extended
12:17 Uttam : then BNF can boom
12:18 Uttam : IB forming in both
12:20 Maxis : join room is stuck
12:20 Rajan : Join me chart stuck??
12:21 Ankush Jain : lagging
12:24 Uttam : boom boom
12:24 Vyom : resolution and resturctuing announced
12:24 Vyom : positive for banks
12:25 Uttam : FA revisted in NF
12:26 Uttam : 11200ce writers under fire
12:26 Uttam : above 49 more upside in it
12:26 Uttam : @Tej reay for the 1000 pointer today?
12:26 Shai : 11280 coming
12:27 Uttam : +1
12:27 Uttam : BNF negates morning FA
12:27 Uttam : so if stays above 21735 then on for 22295
12:28 Rahul : Seems move is done… CE resisiting
12:28 Nirmal : never say its done until it is done
12:28 Siddharth null : go long NF?
12:28 Shai : no
12:29 Shai : news based environ
12:29 Rahul : Yes Nirmal , so said seems
12:30 Bhavani : Guv finished his speech
12:31 Rahul : Doom Doom
12:31 Rahul : UG hope we get that 1000 pointer on otherside
12:33 Aditya09 : 0s holding?
12:33 Krantik Bordoloi : no clarification on loan moratoriums
12:35 Nirmal : why we talk moratorium ..its m1m2money supply running the mkt
12:35 Nirmal : morat etc has no meaning in todays mkt ..looks at big money supply
12:35 Nirmal : fed is the only game in the town .
12:36 Himanshu : Vol is not increasing – so again – Expiry mode starting
12:36 Nirmal : I wish Fed could print n give me just 1 cr..drop it at my home terrace so that i can pick n live happily thereafter
12:37 Jitender : told yday wont happen today (12:33) Krantik Bordoloi: no clarification on loan moratoriums
12:38 Jitender : (15:09) Jitender : moratorium shouldnt be extended
12:38 Jitender : restructuring annunced
12:39 Jitender : under committe by K V Kamath
12:39 Vyom : since moratorium extention not announced specifically so I think not extended
12:39 Avinash : Was expecting a rally after this
12:39 Vyom : which is good for banks.restructuring details will come in due course
12:41 K2dt : hammer nikalo UG 🙂
12:42 Uttam : hammer man is Bops
12:42 Uttam : H period is almost here
12:44 Uttam : chal dhanno
12:44 Boppanna : 21800ce looking good if 60 holds
12:45 Uttam : 21854
12:45 Uttam : above it 21940
12:45 Uttam : 45k red with 0s for now but could get taken out
12:46 Anuj : 21700 ce 130-165
12:48 Uttam : BNF does 2 IB up
12:48 Nirmal : icici bk doing good work
12:48 Uttam : lets make it also revisit yesterdays FA
12:48 Uttam : 3 ib to banta hai
12:48 Uttam : 21850 new high so far
12:48 Uttam : (12:45) Uttam : 21854(12:45) Uttam : above it 21940
12:51 Shai : yes another 100 coming in BNF
12:54 Uttam : in a flash – (12:45) Uttam : 21854(12:45) Uttam : above it 21940
12:55 Boppanna : 21800ce out
12:55 Uttam : NF one for 11333
12:55 Shai : review time here 21940/ 11280 F
12:55 Uttam : 1 atr frm weekly FA
12:56 Uttam : 21950 here
12:56 Uttam : 21993 is 3 ib
12:56 Uttam : NF tags that vpoc of 11272
12:56 Uttam : last weeks SOC
12:56 Uttam : H does it works
12:57 Uttam : thanks Bops for taking out the hammer
12:57 Shai : RBI easy move done here- (12:55) Shai : review time here 21940/ 11280 F
12:57 Shai : No fresh longs till these cross
12:57 Uttam : +1 Shai
12:57 Rajesh G : thanks shai for this alert
12:58 Uttam : expiry games now?
12:58 Rajesh G : booked bnf at 915
13:01 Uttam : BNF wants to repair yesterdays poor highs looks like
13:01 Uttam : 21920 is the RS
13:02 Naresh Dubbudu : Had 2 conseutive wondeful expiry days.
13:02 Uttam : congo Naresh
13:02 K2dt : daxF firing like vaccine found 🙂
13:02 Uttam : 11200 PCR going above 1
13:03 Naresh Dubbudu : Thanks Uttam. Like Shai said easy RBI move done. Need to be careful at this 21900 zone for BNF
13:04 Naresh Dubbudu : Booked profit on 21000CE exactly at 900.
13:04 Fenil : congrats
13:04 K2dt : congo Naresh
13:04 Uttam : pink band + 0 at top in NF
13:05 Uttam : 0s at top in BNF and objective of 21940 done
13:05 Uttam : so wait for IS for a retracement of negation of that RS for more upside
13:06 Naresh Dubbudu : Thanks Fenil & K2dt
13:06 Shai : 11250 pe spike
13:07 Shai : All stuck calls piling there
13:07 Uttam : cool
13:07 Uttam : so thats the probable dukaan of today 😉
13:08 Fenil : bulls have massive heads up
13:08 Uttam : I period needs to make new highsa
13:08 Shai : 11235- 11280 to wqatcg next 1 hour
13:08 Fenil : bnf can expire above 22k
13:08 Nirmal : k killer
13:08 Nirmal : watch
13:12 Uttam : Bops not letting the hammer go 😉
13:13 Uttam : take out 21920
13:14 Boppanna : am out Uttam 940 spot on watch for me
13:14 Boppanna : BN
13:15 Uttam : NF completes 3 IB
13:15 Uttam : 11279 it was
13:17 Uttam : NF completes this hypo to the dot – a) NF needs to sustain above 11125 for a rise to 11153 / 11186-198 / 11226 & 11245-278
13:17 Uttam : 11277.25 high so far
13:17 Ankush Jain : +1
13:18 Uttam : BNF has one pending target left
13:18 Uttam : 21991 then 22080-151
13:19 SandeepP : wats that UG
13:19 SandeepP : ok
13:19 SandeepP : hopefully
13:19 Rahul : BNF something coming ?
13:19 SandeepP : heavily long now
13:19 Uttam : _/\_
13:21 Seshadri : 3IB done in nifty.. posisble 4IB in nifty??
13:22 K2dt : last 4 candles poc same..kuch aa rha hai?
13:22 Shai : bullet train was stopped 30 mins back by 1 level – (12:57) Shai : RBI easy move done here- (12:55) Shai : review time here 21940/ 11280 F
13:23 Seshadri : yesterday even though nifty fell DPOC was 11200.. today it has moved to 11166
13:23 K2dt : +100 chief.. awesome levels
13:23 Nirmal : +100 shai sir
13:23 Uttam : +1 Shai
13:23 Shai : how to stop a fast moving train with 1 hand raised ! – start learning #MarketProfile 🙂
13:23 Uttam : 🙂 +1000
13:23 Shai : jokes apart we are at the seller zone of last thursday 11280
13:23 Sanjiv : :))
13:24 Nirmal : koshish to jari hai
13:24 Uttam : dont need to have a physique like sunny deol then 😉
13:24 Shai : need fresh demand abv 11280 for close higher
13:24 Nirmal : ek baar face to face training hoye to kuch deep ja sakenge
13:25 Shai : you wish!
13:25 Shai : the waiting queue is now 10 years long 🙂
13:25 Indarpal : sunny deol dialogue
13:25 Nirmal : baap re baap
13:26 Sanjiv : hope we can get a good lottery trade later today 🙂
13:26 Nirmal : tareek pe tareekh …shai sir i willfile aPIL on behalf of Jolly llb1 ..for 1 day session only one day meeting…at ur will n at ur place
13:26 Maxis : its the learning curve chief or the waiting time
13:27 Uttam : what happened in NF at 11277 hapening here in BNF is prev 5min bar – pink band with 0s at top and 32k red
13:27 Uttam : RS
13:27 SandeepP : wat is the meanin of tht
13:27 Rajesh G : shai can we discuss POC shifting and inventory adjustment in tday webinar for few minutes
13:27 SandeepP : ug ?
13:27 Nirmal : my lord might tell to shai sir ..ek din to banta hai shai sir…bacche ke maang poori kar do 🙂
13:28 Uttam : (13:04) Uttam : pink band + 0 at top in NF
13:28 Shai : 11235 to eatch here
13:28 Shai : watch*
13:28 Shai : let’s come back
13:28 Uttam : @Sandeep it indicates that leg of auction may be ending
13:28 Shai : I’m curious with 11250 PE which has money come in at 24
13:28 Ankush Jain : IS forming
13:29 Shai : I don’t know what 11250 PE id doing
13:29 SandeepP : so auction ending nd hence move lower right ug ?
13:29 Shai : All I knmow is that they are stupid money\
13:29 K2dt : 58-69 done on 11300 pe..thanks to pink band and 0s at top
13:29 Uttam : BNF making a quick retracement of more than 100 points
13:30 Uttam : testing that ext handle of 21820
13:30 Rahul : More to come in BNF
13:30 Rahul : Yeeepppp
13:30 Uttam : RS+IS in it
13:30 Rahul : If markets reads, only covid assets for resolution
13:30 Rahul : breakkkk it
13:30 Uttam : vwap coming?
13:31 Uttam : 21880 on watch
13:33 Shai : Buy 11250 pe abv 36 sl of 21 tgt 81. Trade small size buy abv
13:34 Shai : 11237
13:36 Shai : has to cracjk below this for the PE to move- (13:28) Shai : 11235 to eatch here
13:37 Shai : 30 mins done- (13:08) Shai : 11235- 11280 to watch next 1 hour
13:37 Shai : we trade whichever side it breaks
13:41 Fenil : 11300 CE 1 rs
13:41 Fenil : bias on downside, shai?
13:41 Fenil : cz 11300 way below vwap
13:42 Ankush Jain : 235 breaks
13:42 Sanjiv : 11235gone
13:42 Kumar null : above 36
13:43 Kumar null : enter now?
13:43 Shai : of course
13:43 Shai : trade in
13:43 Shai : mind the sl
13:43 Shai : won’t come in golden words my freinds
13:43 Rahul : Doom Doom in BNF something coming
13:43 Shai : follow the conversation
13:44 Shai : 52
13:44 Shai : dukaan #1
13:44 Anuj : 50 50% booked
13:44 Shai : Book half at 50- (13:33) Shai : Buy 11250 pe abv 36 sl of 21 tgt 81. Trade small size buy abv
13:44 Shai : sl at 34 on rest
13:45 Shai : cmon give me 40 more
13:45 Shai : need 11185
13:45 Rahul : yeppp
13:47 Shai : in water – (13:29) Shai : I don’t know what 11250 PE id doing(13:29) Shai : All I knmow is that they are stupid money\
13:49 Shai : can add abv 51 for 80
13:50 Shai : 51 sweet
13:50 Rahul : Yeeppppppp
13:52 Shai : push abv 51 needed
13:52 Rahul : 53 came but back
13:54 Shai : Bpook out now that PE
13:54 Shai : book guys
13:54 Rahul : done
13:54 Shai : one more alert we get at 2.30
13:55 Rahul : Shai 11200 ki Dukaan ? possible ?
13:55 Uttam : pull back done in both?
13:55 Shai : 1 hiur back – (12:57) Shai : RBI easy move done here- (12:55) Shai : review time here 21940/ 11280 F
13:55 Uttam : +100
13:55 Shai : everyone was busy in buy mode 🙂
13:55 Sanjiv : =
13:56 Sanjiv : +1000
13:56 Shai : That 11250 pe is whacked still abv 24
13:56 Shai : get it back to 30, I may buy again
13:56 Shai : 30 mins early for dukaan trades
13:56 Shai : hence booked
13:56 Fenil : hahahah
13:57 Fenil : the OI drop was less than expected? only 1m left
13:57 Fenil : rest all were holding
13:57 Fenil : even if Nf close to 11200 …are they hedged?
13:59 Shai : They are stupid to sell there
13:59 Shai : blind newbie writers
14:00 Rahul : Thanks to those stupid, never forget them
14:00 Ankush Jain : still +13 lk for the day
14:00 Himanshu : Like the New Term – Big Money – Smart Money and now Stupid Money
14:00 Ankush Jain : for 10250 pe
14:01 Himanshu : Stupid Money flow in COVID has increased
14:01 Fenil : but would the newbies sell far OTM strikes..I mean it takes a lot of guts to sell iTMs
14:01 Himanshu : R.R and Volexpansion on Exp day..
14:01 Himanshu : Well I was also the one 2 years back –
14:04 Sanjiv : 11250PE trade above 51 still holds?
14:04 Rahul : get this 21750 BNF out yaar
14:09 Uttam : reds coming in NF
14:09 Rahul : Broke,…. BNFFFFF
14:10 Shai : 60
14:10 Shai : Anyone still thinks this is all random?
14:10 Shai : 🙂
14:10 Sanjiv : LOL
14:10 Shai : 11195 sup[p here
14:11 Rahul : awesome shai
14:11 Shai : second round begins if 11185 breaks
14:11 Rahul : jhakkass
14:11 Maxis : c++
14:11 Sandesh : thod dijiye sirji
14:11 Uttam : BNF vwap tag done
14:12 Uttam : (13:30) Uttam : RS+IS in it(13:30) Uttam : vwap coming?(13:31) Uttam : 21880 on watch
14:12 Fenil : +1 UG
14:13 Anuj : +1 UG
14:14 Shai : break 11185 – (14:11) Sandesh : thod dijiye sirji
14:14 Shai : I take care of the rest
14:15 Sandesh : 🙂
14:15 Uttam : 46-55.5 tode in that pe Shai
14:16 Uttam : rode*
14:16 Uttam : gaya
14:17 Rahul : yepppppp
14:17 Rajesh G : 54 to 65 done
14:17 Uttam : BNF another Neutral Day
14:17 Uttam : back to dpoc of 21600
14:17 Shai : 11200 pe to watch\
14:17 Rahul : yes
14:17 Shai : Love thursday
14:18 Shai : Tgt 11130 if 11185 breaks
14:18 Sandesh : over to you@shai sir
14:18 Shai : 11130
14:18 Shai : 42 in 11200 pe
14:19 Rahul : bNFFFFF
14:19 Ankush Jain : yessss
14:20 Ankush Jain : 11200 pe kee dukaan bhi gai?
14:20 Shai : tgt 60 in 11200 pe
14:20 Rahul : BNF 21600 goes then ?
14:20 Ankush Jain : now 11150?
14:20 Shai : sl of 20
14:21 Sanjib : 60 done
14:21 Shai : book half
14:21 Uttam : cool Shai 🙂 33-55 done in that 11200pe
14:21 Shai : 36 TSL
14:21 Ankush Jain : super trade
14:22 Shai : told you they are baccha writers
14:22 K2dt : 1000
14:22 Uttam : and it is not even 2:30 still
14:22 Ankush Jain : baby bulls
14:22 Uttam : baby writers
14:22 Rahul : Shai BNF view ?
14:22 Swapnil : Shai _/\_
14:23 Shashidhar : 11250 PE @ 100
14:23 Shai : second leg abv 62 on that PE
14:23 Shashidhar : +1999
14:23 Shashidhar : +1000\
14:24 Shai : tgt 96/ 140
14:24 Shai : le aaao
14:24 Uttam : gone
14:24 Anuj : +superr
14:24 Kaustubh : in a flash
14:24 Kaustubh : amazing shai
14:25 Shai : Sandesh dedicated 11130 to you
14:25 Uttam : 🙂
14:25 Shai : Ab bolo
14:25 Sandesh : love you sirji!
14:25 Sanjib : +100 Shai
14:25 Avinash : +1 Shai
14:25 Uttam : 1.5L red cot in 11198 in NF
14:25 Anuj null : wow
14:25 K2dt : chief!!!!!!!!!!!!!!!!!!!!!!
14:25 Shai : high 97 – (14:24) Shai : tgt 96/ 140(14:24) Shai : le aaao
14:25 Seshadri : maal lao shai
14:25 Uttam : 90.5 high Shai
14:26 Uttam : that 97 is morning high
14:26 Uttam : but awesome speed
14:26 K2dt : fastest finger first wins on thursdays UG 😀
14:26 Uttam : you need to be very quick to book also
14:26 K2dt : +1000
14:26 Uttam : see in a flash it did from 62-90 & nowe back
14:27 K2dt : yupp it froze for sometime at 90
14:27 Uttam : pain still there for the writers
14:27 K2dt : then came back faaaaast
14:27 Krantik Bordoloi : super calls Shai 🙂
14:27 Sylvester : yup K2dt same here
14:28 Shai : _/\_
14:28 Fenil : suer shai
14:28 K2dt : whenever u start getiing comfotrable on thursdays time to be ultra cautious
14:28 Fenil : super shai
14:28 Sanjib : Power of Gamma on expiry days
14:28 Uttam : thsoe 11200pe writers wrote from 18 to 5 Shai ;-p ???
14:28 Shai : I told you expiry is a science 🙂
14:29 Shai : holding some size in 11150 pe
14:29 Rahul : yep
14:29 Shai : if 11130 goes then we see
14:29 Shai : cmp 26 now
14:29 Rahul : me too 11150
14:29 Uttam : aiming for Neutral Extreme Down Shai?
14:29 Shai : 11100 pe
14:29 Avinash : Bel 11130 tgt?
14:29 Shai : tgt
14:30 Shai : got greedy
14:30 Shai : 3rd dukaan is 11100 pe
14:30 Shai : 🙂
14:30 Ankush Jain : he he
14:30 Rajan : Something like last expiry Shai 🙂
14:30 Shai : 11200 pe 55 L to 22L 🙂
14:31 Uttam : and they did bulk of the writing between 18 to 5 today Shai?
14:32 Ankush Jain : yes
14:32 Krantik Bordoloi : any views on Nifty closing today?
14:32 Krantik Bordoloi : above 11200?
14:33 Anuj : 11250 went today 7X
14:33 Ankush Jain : plenty of greens in last bar
14:33 Anuj : 20 TO 140
14:33 Anuj : 11250 PE
14:33 K2dt : 20-140!!!
14:33 K2dt : massive….super Anuj congo
14:34 Anuj : hey i was telling stats
14:34 Rahul : Awesome Anuj
14:34 Anuj : i did part in dat
14:34 Anuj : thnx to shai
14:35 Shai : +1 and cheers
14:36 Ankush Jain : 11200 pe 12-91
14:36 Ankush Jain : 11100 sorry
14:36 Ankush Jain : no, it is 11200
14:36 Fenil : and its still 2:37
14:37 Fenil : 45 mins still left
14:37 Rajiv Ohri : Shai downside in NF over or there is more?
14:37 Sanjib : below 11130 is new action
14:39 Shai : yes easy move below 11235 fail got done in 2 parts at 11185 and 11130
14:39 Shai : 11187 res now
14:40 Shai : Buy 1150 pe at 5.8 here , sl of 0 tgt 35
14:40 Shai : 11150 PE
14:40 Shai : All in trade
14:41 Shai : if works out we close at 11100 today
14:41 K2dt : fav level of mkt in recent times 🙂
14:43 K2dt : L begins
14:44 Shai : same zone as pre RBI
14:44 K2dt : join me gone chief
14:45 Shai : back?
14:45 K2dt : yes..
14:45 Shai : respected for now- (14:39) Shai : 11187 res now
14:45 Shai : let’s get onm with it
14:46 Ankush Jain : joinme is no ok
14:47 Shai : get on ..
14:48 Ankush Jain : joinme struggling chief
14:48 Sanjib : 11500 PE 4.6 to 10.9 50% out
14:48 Sanjib : 11150* PE
14:48 Shai : shoulkd be better now
14:48 Shai : congarts Sanjib
14:48 Sanjib : All due to you, Shai
14:48 Shai : Cheers
14:49 Sanjib : +1000
14:49 Ankush Jain : +1
14:49 Shai : time is key in that trade of 11150 pe
14:49 Sanjib : absolutely….you miss and it’s gone
14:50 K2dt : congrats anjib
14:50 K2dt : Sanjib*
14:50 Sanjib : Thanks
14:52 K2dt : spike in vix
14:53 K2dt : break dpoc now
14:53 Sanjib : $ also gone up from 74.92 to 75.15
14:53 K2dt : +1 Sanjib
14:57 K2dt : close here? dpoc down in both
14:58 Krantik Bordoloi : looks like both 11200 ce and 11150 pe will end in zero?
14:59 Ankush Jain : yups
15:01 Shai : going to 0 that PE
15:01 Shai : never mind
15:01 Shai : got 2 good ones
15:01 K2dt : had a gr8 session chief
15:01 Ankush Jain : yes
15:01 Shashidhar : +1
15:01 Uttam : +2
15:01 Sanjiv : +1
15:01 Ankush Jain : it did go to 10
15:01 Shai : Hope everyone else also had a good dession
15:01 Ankush Jain : +!
15:02 Ankush Jain : action started in afternoon
15:02 Shai : if you are coming into trade on thurs, you will have to be quicker than ever before
15:02 Rahul : yeppp
15:02 Swapnil : thanks Shai
15:02 Shai : we will do this now every thurs
15:02 Uttam : 🙂
15:02 Shai : the formula is with us and we can open it anytime
15:02 Uttam : and wednesday 12 also
15:02 Rahul : ;0
15:02 Sumeet : what fun this is
15:02 K2dt : +100
15:02 Rahul : 🙂
15:02 Sumeet : and fantastic learning too
15:02 Krantik Bordoloi : yes today was fun, Thanks Shai!
15:02 K2dt : wednesdays too chief…inventory adjustment
15:02 Ankush Jain : buying options looks a much safe bet on Thursdays
15:03 Shai : All I want you guys to do is have lunch and be ready to punch!!
15:03 Uttam : lol
15:03 K2dt : haha
15:03 K2dt : 😀
15:03 Sadees : 🙂
15:03 Ankush Jain : Punjabi me they say ghasunn
15:03 Uttam : I have lunch after all the punching Shai 😉
15:03 Ankush Jain : for the punch
15:03 Shai : cos gues what! – the markets are not going to wait around for you to get your fills and type in your orders
15:03 Sumeet : strict instructions at home for only spoon type food on thursdays !!
15:03 Uttam : lol Sumeet
15:04 Shai : you haver to straighten that out
15:04 Sumeet : cant have greasy fingers+
15:04 Shai : lol Sumeet
15:04 K2dt : tetrapacks, Sumeet 😀
15:04 Sumeet : 🙂
15:06 Ankush Jain : action happened a 1/2 hour early today
15:06 Ankush Jain : So have early lunch next thursday
15:07 Santhosh null : ,,a1A
15:07 K2dt : J has become the new K Ankush
15:07 K2dt : tho K has remained K 🙂
15:12 Uttam : 2nd consecutive Neutral Day in BNF
15:12 Uttam : Trend Day coming in it soon looks like
15:12 K2dt : kuch bada honeko hai UG?
15:14 SandeepP : ug if positional in bnf long or short ?
15:15 Uttam : Neutral Day means no bias
15:15 Uttam : one party will have to take out the other player
15:15 Uttam : so we wait for that confirmation
15:15 Sumeet : bnf ending almost at week poc
15:15 K2dt : +1
15:15 Ankush Jain : Normal Variation Day up in NF?
15:17 Uttam : yes
15:17 Uttam : did almost 3IB and made a retracement today itself
15:17 Uttam : so can look for a fresh move in it tom
15:18 Ankush Jain : move up?
15:19 Uttam : I do not mind that 🙂
15:19 Uttam : lets get that 1st tgt of the weekly FA
15:19 Uttam : but no bias and will take it from open tom
15:19 Ankush Jain : (Y)
15:20 Govind : 2 day comp in BNF too
15:20 Uttam : yes overlapping POC & Neutral profiles
15:20 Ankush Jain : weekly FA we refer to last week?
15:20 Uttam : 1000 pointer needed Gov 😉
15:20 Uttam : has been hoodwinking for too long
15:21 Govind : Yeah, a lot of us disappointed today with BNF but not sure what it wants, acting like a teenager
15:21 Govind : UG
15:21 Uttam : it has built a roof at that 21990 level with 4 TPOs making highs there
15:21 Govind : yeah Uttam, that level has give a lot of clues in the last 2 days bro
15:21 Uttam : so would need s vertical take off to break that rook 😉
15:22 Govind : and today’s entire upmove in BNF showed sell imbalance too
15:23 Shai : Aug would be a big sideways market guys
15:23 Shai : don’t expect one way rides like July
15:23 Vishnu : any range shai
15:23 Ankush Jain : sideways & big?
15:23 Vijay A : good for options writers
15:24 Shai : this 11280- 11100 is still a mkot chop zone
15:24 Shai : And needs filling up
15:24 Uttam : lol Vijay, Shai will make sure they do not write or hold on wed & thurs
15:24 Fenil : shai, NF at 11210 but 11200 CE is at 2 rs..didnt understand
15:24 Shai : 11500- 10800 larger range now
15:24 Uttam : spot
15:24 Shai : ithin that we have a 200 pointer on
15:25 Fenil : shouldn’t it be 8-10 rs?
15:25 Uttam : options will close as per spot Fenil
15:25 Sumeet : weighted close will be at or around 11200
15:25 Uttam : and spot would be the adjusted close of last 30 mins
15:25 Sumeet : the deal is all but done
15:25 Fenil : ohhh okay
15:25 Fenil : Thanks UG & Sumeet
15:25 Shai : yes
15:26 Shai : I had half my hopes up for a deal at 11100 🙂
15:26 Uttam : round number close Shai 🙂
15:26 Shai : roudn number fascination for first week continues
15:26 Shai : Bye all
15:26 Shai : Have a good evening
15:26 Shai : let’s catch up later
15:26 Sumeet : bye . looking forward tot he webinar
15:26 Govind : SHai, any range for BNF for August?
15:27 Manikandan : bye all
15:27 Shai : 22250 tough to cross Gov upsdie
15:27 Uttam : 22700 I am expecting Gov 😉
15:28 Krantik Bordoloi : bye
15:28 Uttam : if we get above Shai’s 22250
15:28 Shai : 20600 stable below
15:28 Aditya09 : thanks shai and seniors catch up in the evening
15:28 Rohan : Bye All
15:28 Uttam : looks like plus open tom
15:28 Govind : Thanks Shai and thanks Uttam, see you all tonight
15:29 Uttam : thanks All 🙂 have a lovely evening & catch up for the webinar
15:29 Avinash : Bye everyone
15:31 Himanshu : Bye all thx chief
15:31 Rahul : Thanks everyone
15:31 Rahul : Bye stay safe
15:31 Himanshu : Thx Ug – Jit – and other friends here,,