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
08:52 Chandrashekhar : GM all
08:52 Suhas : good morning all
08:54 Rajan : Good morning all
08:54 Kushal : gm all
08:56 Ankit : Morning Room 🙂
08:56 Amit N : Good morning all
08:56 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/737942501
08:57 Himanshu : Good Morning All
08:59 Avinash : Good Morning Everyone
09:00 Uttam : Good Morning All 🙂
09:01 Sanjib : Good Morning to All
09:01 Shai : Gma ll
09:02 Srinivas : GM all
09:05 Shai : GM all
09:05 Shai : gap down we are getting near 10000
09:06 Uttam : 9976 was an FA which was not tagged from 26th Mar 2017
09:06 Shai : 10280 ref line still good for any upmoves seen today
09:06 Uttam : 2018
09:06 Shai : Let’s watch for a close below 10031 today
09:06 Shai : This is long trem money now and mostly trapped below 10000
09:07 Shai : we could see 9400 and 8888 if we clse below 10000
09:07 Shai : opp lost for us below 10500 in these 500 points gap down, but still the environment is short
09:07 Shai : And I hope no one was long
09:07 Himanshu : no
09:07 Shai : or short puts
09:08 Yash null : cover?) 1st hr, bulls run fr
09:08 Uttam : long strangle Shai ;-p
09:08 Avinash : No
09:08 Himanshu : short call on 27000 CE
09:08 Shai : continue to play the trend
09:08 Tejpreet : GM All.
09:08 Govind : BNF long strangle 26600/26500
09:08 Shai : I have been mainitaining that the bottom is not in
09:08 Himanshu : lottery
09:08 Shai : when it is we will know
09:08 Tejpreet : carrying just 2 lots 105k combo.
09:09 Himanshu : Gov Cong in advance
09:09 Boppanna : Uttam 🙂 you could have atleast in ur extended hypos why u opening straight into the addition and hypos
09:09 Govind : Thanks H
09:09 Boppanna : *opened
09:09 Uttam : lol Bops 🙂
09:09 Tejpreet : Shaithe speed in this move has been much faster than 2008, cld be due to more of algo trading.
09:10 Prateeek null : Gm all
09:10 Himanshu : Chief has to adjust chart pannel for 1000 points gaps
09:11 Himanshu : I mean – drop is beyond normal software can handle – Bars are going below my trading desk
09:11 Govind : BNF spot 4.95% gap down
09:11 Himanshu : 1311- pips
09:11 Uttam : SGX making new lows
09:11 Kushal : lol..even 5 point scale on NF is a microsecond job
09:11 Uttam : 9911
09:11 Vishnu : bought put and call both yesterday will get good profti in that
09:12 Govind : SPX still very close to day’s low
09:14 Avinash : COT figure not visible
09:14 Avinash : Nifty
09:15 Rajan : COT figure not visible for NF
09:15 Avinash : TY
09:16 Pritesh : zerodha gone
09:16 Amit N : yes struck
09:17 Vishnu : 5 dt done
09:18 Govind : Out of the 26600/26500 strangle @ 1340; Cost was 592
09:18 Boppanna : congts guys
09:18 Srinivas : congo Vishnu & Gov
09:19 Govind : Thanks guys, thankfully Zerodha executed my order
09:19 Suhas : weldone vishnu…
09:19 Avinash : Gr8 Vishnu
09:19 Jitender : congo guys
09:20 Himanshu : cong – winners
09:20 Tejpreet : congrats to the green mtm
09:20 Chandrashekhar : congrats guys
09:20 Himanshu : Shai Maharj ki Jai
09:21 Suhas : insane volm in first 5 min
09:21 Amit N : Congrats Guys
09:21 Shai : Congrats
09:21 Tejpreet : first 5 min loks like shorts booking out rather than buying.
09:21 Govind : Yeah Tej, blue COT
09:21 Rajan : Cong Vishu & Gov
09:21 Suhas : +1
09:22 Shai : going to 9890
09:22 Govind : now we have 1L red Cot
09:22 Tejpreet : +1 Shai
09:22 Govind : Thanks Rajan
09:23 Ketan : congrats guys ! well done !
09:27 Vishnu : shai smells some gov action
09:27 Govind : First big celebrity to have the virus, Tom Hanks and his wife
09:27 Vishnu : as per me i have stopped full positions and waiting only
09:30 Tejpreet : nba clled off, ipl should follow.
09:31 Shai : OAOR
09:31 Shai : vix up at 35
09:40 Vishnu : no good cot seen in sell side
09:41 Vishnu : so waiting for a good cot to enter
09:42 Govind : Trump announces low-interest loans to SMEs of 50 billion; SPX up 30 points since
09:44 Shai : they keep bothering about the economy whne the threat is the virus
09:45 Govind : yeah, where is the vaccine I mean
09:45 Shai : dela with the virus, the economy will take care of itself
09:45 Shai : deal*
09:45 Govind : clinical trials can take 3 to 6 months, mostly due to red tape
09:45 Shai : NF a short below 9935 for 9890 sl of 9866
09:45 Suhas : TRIP TO IBL?
09:46 Shai : sl of 9966*
09:49 Vishnu : shai fresh positional short when can try ?
09:50 Shai : near close
09:50 Shai : is day high- (09:06) Shai : Let’s watch for a close below 10031 today
09:51 Vishnu : ok shai thanks made 15l near after the workshop all together
09:51 Shai : prem reset again
09:52 Vishnu : so my loss getting reduced
09:52 Shai : Congrats
09:52 Rajan : Cong Vishnu
09:52 Shai : you held those puts?
09:52 Vishnu : to u chief and to jit
09:52 Uttam : congrats Vishnu 🙂
09:52 Santhosh : hapy 2 knw vishnu
09:52 Vijay : Congrats Vishnu
09:52 Vishnu : yes shai also tried some combo nowadays otm became itm
09:52 Vishnu : ug for u man also thanks
09:53 Uttam : _/\_
09:53 Tejpreet : Congrats Vishnu
09:53 Ankit : congrats vishnu
09:53 Uttam : welcome back Ankit 🙂 shaadi kab hai
09:53 Vishnu : as yest tried 10700 monthly call and 10200 monthlyput in the ratio of 2:3 which means 2 calls at 3 puts
09:53 Vishnu : ankit were u been these days man
09:54 Chandrashekhar : Congo Vishnu
09:54 Vishnu : chandra thanks man
09:55 Vishnu : thanks al vt for victory i meant if i can change na then all can i am a worst trader in my life due to the money i have . if have lesser money na i might have changed earlier
09:55 Vishnu : better late than never na
09:56 Ankit : give me extra money… and become a better trader hehe 😛
09:56 Rajan : +1 Vishnu
09:56 Chandrashekhar : Everything happens for Good..and the best thing to happen is to be part of VT
09:56 Chandrashekhar : i have changed as a trader in a progressive way too…
09:56 Vishnu : ankitttt
09:57 Vishnu : meanwhile all stocks are in good loss
09:57 Vishnu : shai cot is not good na for selling ?
09:59 Shai : 9910 book half here
10:00 Shai : 9904 book ful 09:45) Shai : NF a short below 9935 for 9890 sl of 9866
10:00 Shai : clean move off vwap\
10:00 Shai : that;’s what OAOR does
10:01 Boppanna : +1
10:01 Govind : +1 Shai
10:01 Avinash : Gr8 Shai
10:01 Jitender : +1
10:02 Vijay : thanks shai 10000pe 85-105
10:02 Uttam : 10k PE 96 to 106.8
10:02 Vishnu : ug good
10:02 Suhas : 940 TO 902 DONE
10:02 Suhas : NIFTY F
10:02 Avinash : +1 Guys
10:02 Rajesh : 2 dt done
10:02 Uttam : had 114 as tgt but booked out early
10:03 Suhas : DT DONE IN fist trade itself
10:03 Vishnu : +100 for all good green mtm
10:03 Govind : Congo Uttam; am staying out as I should. Met my monthly target in just that one strangle
10:03 Ankit : 10 K PE 82 to 118
10:04 Vishnu : +1 man
10:04 Ankit : 1.8 dt
10:04 Ankit : exited 2 secs early hehe
10:04 Ankit : thanks Shai +1
10:05 Ankit : thanks vishnu
10:06 Uttam : congo Gov 🙂 me too all booked overnight but just taking the experience of trading such markets with proper R:R and minimum positions
10:06 Ankit : +1 uttam
10:06 Vishnu : thts one to follow all new player here
10:06 Govind : Oh yeah, makes total sense
10:06 Shai : book shorts
10:06 Shai : we may go back to vwap
10:06 Srinivas : 9.9k pe monthly 310 – 330
10:06 Ankit : SPX shooting up
10:07 Uttam : yes Shai , 1.6L COT in prev 5min bar
10:07 Shai : expectinmg 9938/ 9950
10:08 Vishnu : chief some days in feb suggested that go with min qty aim more tgt with good stoploss . i always trades min 50 lot . after shai saying i have reduced to half even 1/4th. nowadays 10 l can give u 1.5 l profit in overnight
10:08 Uttam : 134 to 94 in that 10k pe in no time
10:08 Uttam : so please be very quick guys
10:08 Seshadri null : hello
10:08 Kiran null : 10k pe 19march 270-306 exited
10:09 Shai : we covered at 9900 cos COT was not good to hold short. Look they creamed all the sellers from 9900 to 9860
10:09 Uttam : +1 Shai
10:09 Vishnu : laggards always punished
10:09 Vijay : +100 chief
10:09 Suresh : @Shai Timing was awesome
10:09 Sachin : went long on 9966 small lot, was multiple support level on daily chart booked now – some value of long term and COT of previous bars helped
10:09 Vishnu : 1000+++ for shai for not making us laggards
10:10 Uttam : 9866 you mean Sachin 🙂
10:10 Sachin : yes sorry i meant 9866
10:10 Uttam : congo
10:10 Uttam : so you were part of the guys Shai was talking about who creamed the sellers 🙂
10:11 Sachin : it’s exact low april 2018 and oct 2018
10:11 Uttam : RS at 9915
10:11 Sachin : i don’t trade big at all after your guidance
10:11 Sachin : happy with small profits
10:11 Uttam : super small each day gives us big in long term 🙂
10:11 Vishnu : we have good cot in a and b period ug seems not fresh shorts are here. will see in c or in d for any extn
10:12 Uttam : buyers here
10:12 Uttam : COT is big plus last 3 bars
10:15 Sanjib : Amazed Here is such beautiful Trader all are growing under a genius person……i am in market from Nov”17 …new in this field….these days without VT can’t imagine about Trading……i am bengali so Pranam Shai Sir.
10:16 Uttam : +1000 Sanjib _/\_ will never find a mentor like Shai anywhere in this world
10:16 Govind : Sanjib! IS this CHakroborty?
10:16 Sanjib : True
10:16 Sanjib : No Roy
10:16 Himanshu : Gov- UG – what to do now
10:16 Govind : One of you guys should put an initial
10:16 Himanshu : no trade yet..
10:16 Govind : so that it is easy for us to identify
10:17 Shai : _/\_- (10:15) Sanjib : Amazed Here is such beautiful Trader all are growing under a genius person……i am in market from Nov”17 …new in this field….these days without VT can’t imagine about Trading……i am bengali so Pranam Shai Sir.
10:17 Govind : Himmy, why did u not take the Shai trade? That was a great setup man
10:17 Himanshu : was late – call for breakfast and Tea by wifet
10:18 Govind : oh ok
10:18 Govind : wait for Shai’s next then
10:18 Himanshu : wifey and I tend to miss very early trades usually – since no pos was open i just sneakd out
10:18 Himanshu : if not dont leav desk
10:18 Uttam : @Himanshu OAOR so do not rush into trades
10:18 Uttam : C side right now so lets see if we get a probable set up
10:18 Himanshu : yes UG – me am triggerhappy
10:18 Uttam : like we got one yesterday 🙂
10:19 Himanshu : hmm
10:19 Suhas : did one trade ..done DT…sitting comfortably and giving market time to speak out….
10:19 Uttam : super Suhas 🙂 congrats
10:19 Suhas : Thnx UG
10:19 Himanshu : Think our govt is thinking not to announce anything before rest o fthe world do max possible – so not waste bullet – aginst global roath
10:20 Govind : Congrats Suhas
10:21 Boppanna : Uttam NS needs a new Hypo list if she has to schedule a PC..pls do the needful
10:22 Himanshu : think she has learnt – that all corp tax cust annoncemnet doe earlier are washed out atleast tempariroly
10:22 Uttam : yes Bops will do, have the levels ready
10:23 Himanshu : So they will wait for demon low
10:23 Himanshu : I mean demon range – 6800-8800 I guess
10:23 Uttam : (09:07) Shai : we could see 9400 and 8888 if we clse below 10000
10:24 Boppanna : BNF already past ur additional hypo for the day
10:24 Uttam : it alwasy tries to cheat 😉
10:25 Vishnu : 2500 points in a span of 15 days
10:25 Himanshu : there was no OI til yday in strikes belwo 24800
10:25 Uttam : actually didnt get the time to check the older BNF charts but will do now as not looking to trade till 1:30 now
10:25 Himanshu : Ug opened today morning 24500
10:25 Himanshu : PE from 8 Rs close yday to 92 rs high
10:25 Boppanna : cool thx Uttam
10:32 Uttam : https://vtrender.slack.com/archives/C0JKNES2W/p1583989410008300
10:38 Suhas : 840 coming
10:39 Himanshu : UG – zeros in BNF
10:43 Vishnu : ibl broken in c
10:44 Uttam : yes timning right like yesterday at close of C
10:44 Uttam : but COT stil red
10:44 Uttam : that 28k is a mix of orders
10:44 Uttam : 0s above & below
10:45 Suhas : 2
10:45 Suhas : 2.dt
10:46 Kushal : 2x IS
10:50 Vishnu : shai something to concern na we cant able to hold ibl
10:50 Himanshu : BNF 200 point discount
10:51 Himanshu : no – my bad
10:51 Boppanna : Jit u did mention 9700 or 9800 on Monday?
10:52 Saheer : 10K PE above 200
10:53 Tejpreet : Betting 1 dt for LC today 🙂
10:53 Manikandan : Booked my first proft Bought PE10200 @220 Sold @380
10:53 Rajiv : LC is @
10:53 Himanshu : 9405
10:54 Tejpreet : Lower circuit
10:54 Sagar : 9800 PE 49 to 80
10:54 Santhosh : 4 me 34 to 74
10:55 Suhas : 9000 not far
10:57 Uttam : 24025 imp level in BN Spot
10:57 Uttam : if we get there today
10:57 Shai : looks liek 9400 today
10:57 Uttam : staying below 9803 spot remains weak
10:58 Uttam : 9604 could be one level to watch
10:58 Uttam : else 9409
11:00 Suhas : none of 15 min candle could test its prev candles high since morning
11:00 Shai : yes trend down
11:01 Suhas : Shai have u seen such bear market in history
11:02 Shai : Go short NF 9720 sl of 9745 tgt 9670
11:03 Shai : Anybody has circuit levels?
11:03 Suhas : last 4 candles big positive cot..
11:03 Vijay : 9405 circuit
11:04 Shai : 9641 – (11:02) Shai : Go short NF 9720 sl of 9745 tgt 9670
11:04 Uttam : here – (10:57) Uttam : 24025 imp level in BN Spot
11:04 Shai : Anyone in
11:04 Ketan : brilliant shai !
11:04 Shai : went straight down from 9720
11:04 Ketan : +1 uttam !
11:04 Avinash : Didn’t Chase
11:04 Suhas : scared to take ..already done 2dt
11:04 Uttam : not trading but super call Shai +100
11:04 Govind : UG, it just bouced 200 points from there
11:04 Jitender : 26k pe monthly bought at 610 yday closed…booked 2112
11:05 Uttam : _/\_ – (11:04) Jitender : 26k pe monthly bought at 610 yday closed…booked 2112
11:05 Ketan : super jit !
11:05 Boppanna : Jit COngts
11:05 Suhas : superb
11:05 Govind : Jit, awesome COngrats
11:05 Amit N : amazing Jit /\
11:05 Shai : +1Jit
11:05 Shai : for the hold
11:05 Jitender : tx guys
11:05 Sagar : 2 la +ve cot is th covering
11:05 Jitender : was easy chief
11:06 Jitender : 2 hrs hold 🙂
11:06 Govind : Need nerves of steel to hold
11:06 Avinash : Fab Jit
11:06 Govind : If I had held on to that strangle, I would’ve made another month’s target.
11:06 Himanshu : yea about to say that
11:07 Shai : 9700 TSL
11:07 Uttam : no end to greed Gov but happy that played the right side 🙂
11:07 Kushal : _/\_ Shai, Jit
11:07 Ankit : 10K PE 294 o 325
11:08 Ankit : couldnt capture the big move although
11:08 Ankit : thanks jit and shai
11:08 Uttam : congrats Ankit
11:08 Ketan : super ankit !
11:08 Ankit : thank you uttam 🙂
11:08 Govind : Yeah Uttam, totally. I so happy I exited. shows I’ve come a long way. Also, we are only one +ve virus ews away from going the other way
11:08 Govind : news*
11:08 Ankit : thx ketan
11:08 Kushal : +1 Gov
11:08 Kushal : fnf
11:09 Kushal : recocery will be fnf
11:09 Jitender : 1st gap dwn i did 🙁
11:09 Sagar : 40% on innvestment 🙂
11:09 Jitender : missed 2 earlier
11:09 Shai : don’t make new shorts now abv 9700
11:10 Shai : Uttam 61% retace at from 12295?
11:11 Vishnu : 9600 monthly pe 300-410 done 8 dt now
11:12 Ketan : superb vishnu ! congrats !
11:12 Tejpreet : +1 jit for the mega winner.
11:13 Jitender : tx bro
11:13 Govind : BNF, 350 points from lows
11:13 Jitender : low quant 🙂
11:14 Jitender : cudnt takes eyes off screen
11:14 Rajesh : cot +ve and mkts fell ?
11:14 Shai : high risk long for 9820 sl of 9670 cmp 9700
11:15 Vishnu : rajesh profit bookin indicates + cot
11:15 Vishnu : in a down mkt
11:15 Vishnu : 2 ib done
11:16 Vishnu : nf
11:16 Rajesh : ok thanks vishnu
11:17 Govind : the beauty of today is 1) overnighters were rewarded (assuming you got the direction right) and 2) if you did not have any overnights, the markets gave at least 2 great oppurtunities to make money provided you were following the setups
11:17 Shai : 10000 ce still at 11. I shorted the fellow at 82 at open. free money still
11:17 Jitender : 24.9pe 775-570
11:17 Jitender : bc
11:17 Suhas : gr8
11:17 Govind : another 6er Jit 🙂
11:18 Govind : Congo man
11:18 Jitender : more than a tenner Gov 🙂
11:18 Govind : Nice, congo brother
11:18 Jitender : tx all _/\_
11:18 Avinash : +1 Shai
11:18 Govind : Very inspiring
11:18 Himanshu : JIt – Congrates
11:18 Himanshu : Man
11:18 Avinash : +1 Jit
11:19 Srinivas : congo all… excellent trades
11:19 Jitender : Gov yr journey to becum Tej in a very shrt time is the story to get inspired on
11:19 Uttam : 11275 Shai – (11:10) Shai : Uttam 61% retace at from 12295?
11:19 Sachin : congrats jit
11:19 Sagar : congo guys
11:19 Jitender : tx
11:19 Suhas : golden days for directionals
11:20 Govind : _/\_ thanks Jit, high praise this is and I will try to evolve and be a better trader
11:20 Uttam : congrats all VTians 🙂
11:21 Vijay : Very happy that all strikes prices in green
11:21 Govind : Yeah, congrats to VTians!!
11:21 Vijay : cheers Vtians!!
11:23 Shai : exit 9715 – (11:14) Shai : high risk long for 9820 sl of 9670 cmp 9700
11:23 Shai : let it rise
11:23 Shai : we short it then
11:23 Shai : the NF jumped 100 points with so much effort
11:23 Shai : you know what that means right?
11:24 Govind : taking it up to short it again?
11:24 Vishnu : means sellers in each nuke and corner
11:24 Tejpreet : LC rules only for NF or BNF also valid ?
11:24 Govind : bllue COT also means shorts exiting, I would think
11:25 Sachin : no lottery trades today
11:25 Sachin : vix too high, market fall means you have to go real otm
11:32 Govind : that 24025 must be a magic number Uttam, BNF up 500 points from there
11:35 Shai : Buy 9700 pe at 72 sl pf 48 tgt 116
11:38 Vijay : COT is KING
11:38 Vijay : 9800pe 120-145
11:38 Jitender : 24.5pe 272-432….fireeee
11:38 Shai : (11:23) Shai : let it rise(11:23) Shai : we short it then
11:39 Jitender : +1
11:39 Ankit : ohh teri
11:39 Ankit : +100 jit
11:39 Shai : +1
11:39 Shai : 9710 TSL for 9605
11:43 Jitender : tx gents
11:45 Shai : book 86- (11:35) Shai : Buy 9700 pe at 72 sl pf 48 tgt 116
11:58 Vishnu : shai onething i have to say without vt i i cant able stand and sit like this in a 800 oint down market
12:00 Suhas : sharp sc rally possible shai?
12:01 Himanshu : Out first trade – 23500 PE 81 – 37
12:01 Himanshu : Waited to enter as per UG
12:01 Himanshu : once 2IB in NF done with huge postoive COt
12:02 Uttam : right now dPOC at 9950 but looks like wants to get it lower to 9685-9700 zone
12:03 Uttam : Shai can the GoToMeeting screen be adjusted to show just today’s bars as numbers not visible
12:03 Uttam : thanks so much 🙂
12:04 Himanshu : BoppBhai
12:04 Himanshu : Aaj to hammer banta hai
12:06 Ankit : 4.8 Dt done for today… feels good to be back.
12:06 Boppanna : Himanshu this market doesn’t need a hammer a small knife is enough to chop the greens off
12:06 Rajan : +100 Ankit
12:06 Himanshu : UG – at 100o Point away in BNF – 23500 PE – which is 300 points below Lower circuit filter of BNF – premium is 40-60 Rs range
12:07 Himanshu : HAHA
12:07 Ankit : thx rajan.
12:07 Ankit : lets see if SC comes
12:07 Himanshu : ButterKnife
12:07 Ankit : on sidelines for a while
12:07 Govind : Congrats Ankit
12:07 Ketan : super ankit !
12:08 Ankit : thank you govind, ketan 🙂
12:08 Jitender : congo Ankit
12:08 Ankit : thanks you sir 🙂
12:08 Himanshu : PradhanMantri Yogna for – buying NTPC – IOC – at 9 % Dividend yeld and .7 of Book Value
12:08 Jitender : no sir pls
12:09 Ankit : sure 🙂
12:09 Vishnu : angel given instruction that no intraday allowed
12:09 Vishnu : need full margin for that
12:09 Himanshu : So seems – Tejpreet is bringing LC
12:09 Tejpreet : 1 dt bet on for it.
12:09 Santhosh : icic did now allo
12:10 Jitender : take out tis algo buyr at 220 bnf
12:10 Shai : dpoc shoul shift here
12:11 Shai : 9772 sl for all shorts
12:11 Shai : one time frame lower slowing
12:13 Sachin : 24900 ce sold at 150 closed at 35, first time ever did a short trade on options
12:14 Chandrashekhar : G starts.. i guess F is only green candle
12:14 Vijay : Israel developed vaccine for Corona
12:15 Sagar : realy ?
12:15 Vijay : news flashing
12:15 Himanshu : GOV – guessed it right
12:16 Himanshu : that in G fo rGovind TPO vaccine news will ocme
12:16 Boppanna : @Vijay isn’t that old news?
12:16 Vijay : 9500ce 240-280
12:16 Govind : News Flashing where VIjay?
12:17 Vijay : zee business
12:17 Govind : Himmy, anything is possible with the markets right. That is why we are always booking profits
12:17 Swapnil : Vaccine can be developed, trials etc will take its own time. We are several months away from being able to get a shot
12:18 Himanshu : Oh Yea GOv – was kidding – just to make mood lighter
12:18 Himanshu : personally not happy seeing bleeding folios everywhere
12:19 Himanshu : and people asking our opnion waht to dao
12:19 Ankit : yes himanshu
12:19 Govind : we are spiking and SPX is not
12:19 Ankit : everyone asking for bottom
12:19 Suhas : anyone traded contra move?
12:19 Himanshu : My Bro – inlaws panicked and called me twice in last week
12:20 Himanshu : came to see me to read my face – how do i tell them am not loosing but making small gains only – mean felt guilty to say that
12:21 Himanshu : Yes Suhas I traded cotra move wide 23500 PE – 81- 37
12:21 Govind : Congo H
12:21 Jitender : israel says hv developd vaccine
12:21 Suhas : congrats himanshu
12:21 Ketan : i did ! using F tpo ! 10k pe sold and bought !
12:21 Vishnu : good spike
12:22 Suhas : done 32 points in contra NF
12:22 Jitender : (12:21) Jitender : israel says hv developd vaccine
12:22 Jitender : READ
12:22 Suhas : It will need aproval from FDA
12:22 Tejpreet : Jit this news is old .
12:23 Chandrashekhar : +1 Jit, this news is out since last week…
12:23 Suresh : 2L++ COT in Nifty
12:23 Jitender : flashn on tv
12:23 Sachin : i got saved freak
12:24 Tejpreet : maybe tv guys want to buy pe.
12:24 Himanshu : yes its dangerpus so huge +ve COT on tv news which they will deny after one hour
12:24 Himanshu : and flip done
12:24 Himanshu : and Flip down will be killer
12:25 Sachin : did anyone short on vwap?
12:25 Sachin : that would be some trade
12:25 Sagar : no news on Indian channel yet
12:25 Jitender : zee news
12:26 Tejpreet : 26 odd to 38 on the 97k pe…holding rest with no sl.
12:26 Sagar : oh ok
12:28 Jitender : reuters sayn rbi will do sumthn 2 stabilise mkr=ts
12:28 Shai : NF buy abv 9820 F only
12:29 Shai : Avoid this vwap zone
12:29 Favas : stoploss bnf shorts?
12:29 Shai : let them fight
12:29 Boppanna : +1 Shai
12:29 Jitender : tis one knew the news abt 2 b flashed (12:10) Jitender : take out tis algo buyr at 220 bnf
12:29 Shai : COT revesed at 9720
12:29 Shai : so that is SL for all these longs
12:31 Shai : 24718 swing sl- (12:29) Favas : stoploss bnf shorts?
12:31 Shai : but book or scratch
12:31 Favas : thnks
12:31 Shai : COT has changed
12:31 Jitender : late longs nw being cleaned
12:36 Srinivas : 9.6k pe monhtly 265-290
12:38 Chandrashekhar : 5 more min for H
12:39 Shai : One clean setup developing below 9720
12:39 Shai : short below 9720 for 9570 sl of 9780
12:40 Uttam : yes Shai neat rejection of VWAP 🙂
12:40 Shai : has to break this- (12:29) Shai : COT revesed at 9720
12:40 Uttam : IB bar that one was?
12:41 Shai : yes
12:41 Uttam : +1
12:42 Sachin : fantastic shai, another bounce from that 9720 level
12:43 Uttam : 11275 it is Shai, you expecting something if 9600 holds> – (11:10) Shai : Uttam 61% retace at from 12295?
12:43 Uttam : 38.2% is at 10645
12:43 Shai : from what low?
12:43 Uttam : ohhh ok
12:43 Uttam : i toll till todays low
12:44 Uttam : let me get abck
12:44 Shai : tyt
12:44 Uttam : will do that in spot right, will be better?
12:44 Shai : yes
12:45 Uttam : thanks 🙂
12:45 Chandrashekhar : H starts…Uttam
12:49 Himanshu : Think longest profile of last 2 year
12:49 Himanshu : in NF and BNF
12:50 Abhijith : shai buy above 9820 still active ??
12:50 Uttam : from 6825 to 12430 in Spot (Feb 2016 till Jan 2020) 61.8% comes to 8966
12:51 Shai : yes
12:51 Uttam : 50% of that rise is 9627
12:51 Shai : Thanks Uttam
12:51 Uttam : 🙂 pleasure Shai
12:52 Jitender : wat a game bt tv guys :0
12:52 Jitender : 🙂
12:53 Uttam : when that keeda said worst over, we should have bought truck loads of PEs ;-p
12:53 Vishnu : ug todays low exa near 9627
12:53 Ankit : haha bingo
12:53 Vishnu : keeda kaun hei
12:54 Uttam : Jit & ankit’s pal
12:54 Ankit : 😛
12:54 Vishnu : hahahah
12:54 Uttam : Gov also llikes him I think
12:56 Himanshu : Are bhai naam to batao
12:56 Himanshu : Is it Anug Singhal- Anil Singhvi or
12:56 Himanshu : Ashwani Guj
12:56 Himanshu : I asked earlier also
12:56 Himanshu : or Sanjay Bhasin
12:57 Uttam : Lol Himanshu
12:57 Vijay : its Vijay Kedia, i think
12:57 Ankit : heheh
12:57 Himanshu : Kedia was bearish
12:57 Chandrashekhar : Hammer coming Uttam?
12:58 Uttam : not Vijay
12:58 Himanshu : Sushil Keda – Kedinomic wala
12:58 Vijay : ohk
12:59 Uttam : dont follow nayone but someone in the room was mentioning that he said worst is over
12:59 Himanshu : he too was bearish but only upto NS candle leavel – i mean at 12200-300 also he was saying its justmatter of time we will tocuh NS candle low as Earnings are poor
12:59 Himanshu : kk
12:59 Himanshu : lets focus
13:00 Uttam : no signs of 9700pe OI coming down
13:00 Uttam : if we are getting a panic low today that will show the signs
13:00 Tejpreet : phir LC kaisey hoga
13:00 Avinash : Signs like
13:00 Himanshu : UG on MP chart at 9840 and 9864 – Blue line is showing 10034.9 waht it indicated
13:00 Uttam : 9700pe needs to get above 55 & ssutain and the OI needs to then start falling
13:01 Avinash : K
13:01 Uttam : its actually today’s extension handles but number is wrong – (13:00) Himanshu : UG on MP chart at 9840 and 9864 – Blue line is showing 10034.9 waht it indicated
13:01 Rajiv : dpoc still @ 9950
13:02 Uttam : yes Rajiv but good vols bulding at 9760 & mornign we had at 9685
13:02 Tejpreet : I think bears want LC post 2.30 pm as then no market halt.
13:02 Uttam : oh Tej has it fully planned
13:03 Ravi : just saying this beacuase we calculated percentage drawdown from 12430..it is exactly 50% now down of 6825 to 12430
13:03 Ravi : todays low i mean
13:03 Uttam : those levels were of Spot Ravi but yes close to it
13:03 Ravi : Yes spot
13:04 Chandrashekhar : one question here Uttam, if we hit the limit..by end of day and we still hold positions….will we be able to clear our positions?
13:04 Chandrashekhar : 9720 here…
13:05 Swapnil : wow 9720 protected again
13:06 Uttam : not had that wonderful experience ever Chandra so will need to ask the seniors
13:06 Himanshu : hmm holding
13:07 Himanshu : But COT is negative by 110 K in last 3 bar
13:07 Himanshu : so slow grind down
13:07 Suhas : consistant rising cot
13:07 Boppanna : -ve COT cos of the bump up to vwap stuck longs puking
13:07 Lakshay : health minister speaking
13:07 Uttam : Bops is here right in time for his hammer 🙂
13:08 Uttam : 6 mins to go
13:09 Shai : teh chaps at 9720 are not budging
13:09 Uttam : Bop has got his hammer Shai 😉
13:09 Shai : (12:40) Shai : has to break this- (12:29) Shai : COT revesed at 9720
13:09 Uttam : Shai the numbers of the extrnsion handles need to be corrected in the MP charts
13:10 Abhijith : usually days high r days low occurs in 1st 2 hours .. it proved in this volatail market too yesterday n today
13:11 Uttam : we have a typical TRend Day set up today Abhijith so till we stay below VWAP close & PLR will be at lows
13:11 Uttam : pull back high too came early in G period
13:12 Uttam : but yes break of that 9720 needed for the trend down to resume
13:12 Suhas : ready to take out 720
13:12 Uttam : IS forming on 30min at 9750
13:13 Himanshu : Aaja – Beta – Aaja
13:13 Abhijith : yes .. any high r low in C r D wil give a nice pull back
13:16 Boppanna : hmm europe opens in a little no edginess by the greens
13:18 Himanshu : Eu futures done by 5.5- 7 %
13:18 Himanshu : Dax- 5.6% , Ftse- 5.8%- CAC- 7.22 %
13:19 Himanshu : S7 P vix- 53-55
13:19 Himanshu : s& P
13:19 Shai : below 9625 is a straight 200 down to 9430 close
13:20 Shai : we are at June 17 levels
13:20 Himanshu : Hain ? you mean LC today
13:20 Himanshu : LC @9605
13:20 Shai : 3 years of gains wiped in 3 weeks
13:20 Sachin : omg
13:20 Uttam : last hour no LC is what Tej was saying?
13:20 Shai : No LC after 2.30
13:21 Vijay : LC@9405
13:21 Shai : 30 mins half between now and 2.30
13:21 Himanshu : And then more panic sale will come – CApitualtion time
13:21 Himanshu : Ok ok
13:21 Himanshu : so butter Knife Kill then
13:22 Suhas : there u go…party begins
13:23 Uttam : thanks Shai – (13:09) Uttam : Shai the numbers of the extrnsion handles need to be corrected in the MP charts
13:23 Shai : short in
13:23 Suhas : yes
13:23 Abhijith : in
13:23 Shai : tgt 9623
13:23 Shai : sl abv 9771
13:24 Jay : trap
13:27 Vishnu : wht trap jay
13:29 Jay : europe open in front
13:32 Jitender : whoose buyn 🙂
13:32 Suhas : exited…
13:33 Suhas : cant be prisoner
13:33 Suhas : :)..took7poimts loss NF
13:33 Jitender : even triggered my SL
13:34 Shai : Brinmg sl down to 9755 and hold
13:35 Sagar : SL
13:35 Sagar : must be some news
13:35 Shai : make exits
13:39 Suhas : 51K RED AT 9760
13:39 Suhas : equaly stromh greens as well
13:46 Uttam : 9760 IB on 5mins
13:46 Uttam : above VWAP NF can do 9835-9860 Shai?
13:46 Uttam : and of more short covering or buying happend can get to that 9950 too
13:47 Jitender : every 50 point in bnf being biught
13:49 Jitender : 100 pt dip…wow 🙂
13:49 Jitender : in bnf
13:49 Shai : messing with prem again
13:49 Shai : 40 points
13:50 Jitender : tis is fii only…eatn prem bth sides with money power
13:50 Jitender : in options
13:51 Shai : was 5 now 45
13:51 Jitender : look at prem erosion in pe
13:51 Jitender : 24k pe 376 hi..now 16
13:52 Jitender : fr eg
13:55 Himanshu : Chief – Agian 9720 – Hope the call is on
13:55 Himanshu : if we see – VE COT sizeable
13:57 Uttam : 55k green at 9745
13:57 Vishnu : vwap stiff res will see new low
13:59 Jitender : 460 buyr algo bnf
13:59 Jitender : n 220 below
14:02 Rajiv : JIT target of the also
14:03 Rajesh : Nifty has been forming the same Triangle type fractal .on the intraday charts. Its the third day in a row that its doing that today as well. Will the same outcome follow – A continuation of the decline ?
14:04 Jitender : no idea Rajiv
14:04 Jitender : no positions
14:04 Jitender : below 400 will think of a shrt
14:05 Favas : jit ref for bnf?
14:05 Jitender : below 360 cn fdo
14:05 Himanshu : Chief in – 9705 ?
14:05 Himanshu : or no
14:06 Jitender : can do
14:06 Lakshay : nf in short again
14:06 Uttam : can NF do a 1000 pointer today ;-p
14:06 Tejpreet : after 23 min Uttam 🙂
14:06 Vishnu : entered in nf pe 360-400 9800 pe
14:06 Sagar : 9800 PE 71 to 93
14:07 Uttam : +1 – (14:06) Tejpreet : after 23 min Uttam 🙂
14:08 Uttam : -1.5L COT
14:08 Uttam : 9700pe OI showing some signs of dropping
14:09 Jitender : 250 (14:04) Jitender : below 400 will think of a shrt(14:05) Jitender : below 360 cn fdo(14:06) Jitender : can do
14:09 Jitender : trail if in
14:09 Favas : thnks
14:09 Kushal : vix at DH
14:10 Favas : guys zerodh freezing
14:10 Sanjib : zerodha mobile app gone
14:10 Ankit : i am feeling so sad for my friends and family today
14:10 Tejpreet : Favas we are waiting for the market freeze 🙂
14:11 Favas : 🙂
14:13 Jitender : toota mc (12:29) Jitender : tis one knew the news abt 2 b flashed (12:10) Jitender : take out tis algo buyr at 220 bnf
14:14 Jitender : srry fr the lingo
14:14 Rajan : MC: +1 Jit
14:14 MJ : Lol Jit.
14:14 Rajiv : Whats the news
14:14 Ankit : lol +1 jit
14:14 Sachin : after 2:45 there is no market freeze
14:14 Jitender : no news
14:15 Kushal : lol +1 Jit
14:16 Sagar : 9800 OI increasing
14:16 Sagar : increased by 3 lak
14:16 Jitender : bugger still fightn
14:18 Jitender : dow hits circuit
14:19 Boppanna : 9700pe needs a push above 41
14:20 Tejpreet : bops looking for 3 digits on that p.
14:21 Boppanna : thx Tej for scaring the writes away
14:22 Ankit : fuck
14:22 Jitender : bingo
14:22 Ankit : rok lo isko koi
14:22 Ankit : 😛
14:22 Boppanna : half out
14:23 Jitender : +1 Tej
14:23 Boppanna : full out
14:23 Ankit : +1 jit
14:23 Jitender : n BoPs
14:23 Ankit : +1 bops
14:23 Tejpreet : Jit now my turn for Master of Ceremony 🙂
14:23 Chandrashekhar : Uttam/Shai we hold the shorts here??
14:23 Shai : onme candle cleams it
14:23 Sachin : 24500 pe closed at 400 finally, very small trade from 200
14:24 Chandrashekhar : downside ref for NF please
14:24 Jitender : cheers bro….u deserve it (14:23) Tejpreet : Jit now my turn for Master of Ceremony 🙂
14:24 Jitender : score pls
14:25 Jitender : u guys saw the algo at 460 n 220
14:25 Tejpreet : 12 plus but with lower dt
14:25 Ankit : ye jit
14:25 Shai : 9584/ 9524
14:25 Chandrashekhar : +1 Jit
14:25 Jitender : hw tey fite n wat happens wen tey r taken out or tey earn
14:25 Chandrashekhar : Thanks Shai, and congo Tej
14:26 Jitender : awesum Tej
14:26 Tejpreet : tks guys
14:27 Srinivas : congo Tej. . awesome
14:29 Tejpreet : tks sri
14:29 Shai : 9659 sl for all shorts into clsoe
14:29 Chandrashekhar : 9700 OI cross over coming up
14:30 Uttam : 9700pe 33 to 69 50% out
14:30 Srinivas : its only 2.30pm.. still 1 hour is there 😉
14:30 Tejpreet : +1 uttam
14:31 Shai : 1 done – (14:25) Shai : 9584/ 9524
14:31 Rajan : +100 Shai
14:31 Tejpreet : Shai you said 200 below 625 🙂
14:31 Jitender : +100 Shai
14:32 Ankit : +1000 shai
14:32 Ketan : brilliant shai
14:32 Tejpreet : bops 3 digits on that pe
14:32 Chandrashekhar : +1 Tej
14:33 Ketan : good one tej !
14:33 Abhijith : but sl triggres at 9755 ??
14:33 Jitender : 24k pe 16-207 booked..psotional acc
14:33 Jitender : the lion king trade
14:33 Rajan : Shai: Both done
14:33 Tejpreet : 1st hundred done below 625.
14:33 Boppanna : bingo Tej…got in 9400pe 2-6 limited risk 😉
14:33 Rajan : whats the next level now??
14:33 Swapnil : Amazing Shai. Salute.
14:33 Vishnu : 3ib done
14:33 Vijay : wow Jit
14:33 Srinivas : Jit’s ATM is BN 😉
14:34 Tejpreet : +1 bops
14:34 Srinivas : congo Jit
14:34 Ketan : awesome jit !
14:34 Kushal : charansparsh, Shai
14:34 Jitender : SL was 9 🙂 (14:33) Jitender : 24k pe 16-207 booked..psotional acc
14:34 Shai : short near 960 ahgain
14:34 Shai : 9600
14:34 Santhosh : thx th team
14:34 Tejpreet : Jit +1
14:34 Abhijith : shai but sl triggers at 9755 ??
14:35 Jitender : 22517 is circuit lvl
14:35 Shai : yeah that was gone
14:35 Jitender : fr bnf
14:35 Srinivas : awesome trades today 5dt for me.. thx Shai/Jit/Uttam… done for today
14:35 Swapnil : Tej/Bops – congrats on 9700 PE. Thanks
14:35 Tejpreet : Yes Abhijit but levels were given could have rentered.
14:35 Uttam : 9700pe OI now 7L
14:35 Shai : now to 9600(14:29) Shai : 9659 sl for all shorts into clsoe
14:35 Jitender : macbeth u here (14:34) Jitender : SL was 9 🙂 (14:33) Jitender : 24k pe 16-207 booked..psotional acc
14:35 Jitender : tx guys
14:36 Jitender : 15% limit now (14:35) Jitender : 22517 is circuit lvl
14:36 Uttam : (14:08) Uttam : -1.5L COT(14:08) Uttam : 9700pe OI showing some signs of dropping
14:36 Tejpreet : no circuit noe jit can even do 20%
14:37 Uttam : all out of that 9700pe at 148
14:37 Shai : 123 sl on 9500 pe
14:37 Jitender : k Tej
14:37 Shai : 12**
14:37 Uttam : 146.4
14:37 Shai : lottery
14:37 Boppanna : hello 9400 waking up
14:37 Ankit : insane is the word
14:38 Tejpreet : Uttam still holding 4 lots from 30 0dd i guess …maybe 200 on it.
14:38 Ankit : 😛
14:38 Uttam : super Tej 🙂
14:38 Ankit : omg tej
14:38 Ankit : juice nikal diya poora 🙂
14:39 Shai : 20 to 39 – (14:37) Shai : 12 sl on 9500 pe
14:39 Shai : 49
14:39 Uttam : move started right after 2:30
14:39 Tejpreet : +1 chief
14:39 Uttam : to not trigger the circuit?
14:39 Tejpreet : because they did not want market halt , now all trapped.
14:39 Srinivas : Tej, ur prediction is right on the dot
14:39 Uttam : wasthinking of adding that 9700pe at 15 but did not 🙂
14:40 Ankit : 10k PE gave a freak of 600
14:40 Tejpreet : just keep on holding pe
14:40 Ankit : damn
14:40 Ankit : missed it
14:40 Ankit : exited at 503
14:40 Uttam : i am done for the day, best day ever
14:40 Shai : Below 9625 was easy no?
14:40 Tejpreet : yes sir
14:40 Ankit : BEST day trulu UG
14:40 Sanjib : 1000 point drop in NF
14:40 Chandrashekhar : +100 SHai
14:40 Ankit : yes shai
14:40 Shai : B@@@ messed with us and took time
14:40 Lakshay : 9425 booked relief
14:40 Swapnil : 9500 PE 30 to 40. too fast for me to book higher.
14:40 Kushal : 1000
14:40 Swapnil : Thanks Shai
14:40 Boppanna : +1 Uttam
14:41 Shai : 9500 sl from here tgt 9360
14:41 Ankit : haha 1000
14:41 Himanshu : Its ok Chief i got out and entered agian
14:41 Shai : 30 point risk
14:41 Kushal : 6 digit aftr a loooong time
14:42 Kushal : lol Ankit
14:42 Himanshu : CHief its ok – 3 iB – Kal Kya karenge
14:42 Kiran null : tsl got hit … all out
14:42 Chandrashekhar : 3Ib se zyada hi mila he..
14:42 Uttam : did mention here about that 9700pe giving the signal
14:42 Uttam : helps to manage risk
14:42 Chandrashekhar : +1 Uttam
14:42 Himanshu : UG – am telling you?
14:42 Shai : 9420- (14:41) Shai : 30 point risk
14:42 Sachin : logging off team, thank you
14:43 Shai : cover- (14:41) Shai : 9500 sl from here tgt 9360
14:43 Sachin : can’t digest so much profit, so will donate 50%
14:43 Himanshu : that kept me in trade- earleir was aen pit
14:43 Sachin : shai – many many thanks
14:43 Uttam : congrats Sachin 🙂
14:44 Sachin : thanks uttam, jit, vishnu and all others
14:44 Ankit : sachin… sharing my accoutn no.
14:44 Ankit : 😛
14:44 Kiran null : congrats all
14:44 Srinivas : congo Sachin 😉
14:44 Amit N : Mine also 🙂
14:45 Ketan : superlative guys ! super day ! thanks everyone !
14:45 Prateeek null : booked in the morning 8dt. could not follow markets due to meeting. still most profitable day of the trading career. cheers to everyone. congrats
14:45 Uttam : VT rocks
14:45 Prateeek null : +1
14:45 Shai : hope all covered- (14:43) Shai : cover- (14:41) Shai : 9500 sl from here tgt 9360
14:46 Shai : That 1 Sl hit was bad and they messed the prem below 9720 to trigger that
14:46 Shai : but second time around there was no stopping
14:47 Shai : (12:39) Shai : One clean setup developing below 9720(12:39) Shai : short below 9720 for 9570 sl of 9780
14:47 Vishnu : 10l made today after the budget
14:47 Vishnu : thanks chief for the vt
14:47 Sagar : Wow congrat Vishnu
14:47 Shai : you are welcome
14:47 Shai : And congrats
14:48 Chandrashekhar : Thanks Shai for the guidance and support
14:48 Ketan : congrats vishnu !
14:48 Chandrashekhar : looking forward to learn more from the team here…
14:48 Abhijith : missed this entair fall 🙁
14:48 Chandrashekhar : @Shai we have the breakout session today?
14:49 Vishnu : chief i made 1.63l tis last leg only 11 lots used
14:50 Ankit : thnk you so much shai for Vt, guidance ahndholding…everything!
14:50 Ankit : 🙂
14:50 Kiran null : made highest single day profit today…thanks VT team!!
14:50 Avinash : What a day. Shai, UG, Jit fantastic navigation guys.
14:51 Shai : Congrats Guys
14:51 Uttam : breakout session happened in market only today guys 🙂
14:51 Tejpreet : lol
14:52 Chandrashekhar : live one with greener MTM;)
14:52 Uttam : @Tej you all out of those PEs?
14:52 Shai : If you have really benefitted, spread the good Karma on twiter on @Am_Shai and help some of the fellow traders there to undertand discipline and a process. Tag me and help them to a path. We are the path.
14:52 Jitender : congo Vishnu
14:52 Jitender : congo all
14:52 Uttam : +1000 Shai
14:52 Tejpreet : yes Uttam around 135 odd tsl
14:52 Ketan : +1 shai
14:53 Shai : There is a lot of pain out there
14:53 Uttam : our community is growing & is growing well I would belive
14:53 Shai : Real success is when you help others to succeed also
14:53 Uttam : onwards & upwards…
14:53 Tejpreet : +1 Shai
14:53 Rajan : +100 Shai
14:53 Uttam : yes +1000 Shai
14:53 Vijay : +100 shai
14:53 Chandrashekhar : +1 Shai, i am directing my friends circle to your work in twitter& MP lite/website..some of them are eagerly waiting for next training in Bangalore
14:53 Santhosh : offcourse i will, Sir
14:54 Sanjib : +1 Shai…Yeah True….will do sure.
14:54 Chandrashekhar : they are using your work/ref already
14:54 Amit N : +100 Shai, Jit, UG
14:54 Shai : we hit an important landmark near 9400 per the market profile
14:54 Shai : today
14:54 Kushal : is it possible to meet you Guruji? Shai.Uttam,Jit? hope to see you someday 🙂
14:54 Shai : I think you shoukld start looking at 8888- 9400 as a bsse to build portfolios
14:55 Jitender : next seminar by Shai
14:55 Shai : start with 20% allocation at these levels
14:55 Shai : go for the blue chips only
14:55 Uttam : +1 Shai
14:56 Uttam : need to start making a list & do SIP
14:56 Kushal : Sure, Jit
14:56 Govind : +1 Shai
14:56 Tejpreet : Nifty Bees an option Shai for those who do not track markets activley
14:56 Uttam : Tej just told the same thing to my close friend today morning
14:56 Jitender : did 6% cash allocation 2 day
14:56 Shai : expecting spx to come around near 2290- 2390
14:57 Govind : I’m not carrying any overnights today UG
14:57 Uttam : lol Gov
14:57 Govind : 🙂
14:57 Amit N : bought first tranche of nifty bees today at 102
14:58 Govind : PEs are so expensive in BNF
14:59 Shai : 9412 10:57) Shai : looks like 9400 today
14:59 Govind : You called it Shai +1
14:59 Shai : would have liked a staright trend day though without all that garbage in the middle
14:59 Vishnu : shai will it stop here
14:59 Ketan : what a call shai ! /\
15:00 Kushal : lol +1 Shai..it was indeed garbage
15:00 Vishnu : kyunki i have stocks to protect will i buy pe here or else wait for a jump to do so
15:00 Uttam : but we could still get the gold out of that garbage 😉
15:00 Govind : is SPX locked in lower circuit?
15:00 Uttam : looks like not moving
15:00 Govind : yeah
15:00 Vishnu : gold is not moving ug thanks to god if that alos moved up na will be disastress to the ecconomy
15:00 Kushal : +100 UG
15:02 Abhijith : shai spx ??
15:03 Govind : 24500pe of 19th and monthly have almost the same value; one of the reasons why I am not carrying
15:04 Shai : 9400 spot tom to close the weel shoukld come
15:04 Shai : neyond that I see 8800 protected if we are below it tom
15:05 Kushal : +1 Shai
15:05 Shai : Anything below 8800 sell everything and don’t think investing for next 5 years
15:05 Pritesh : 19th March PE not coming in list in zerodha
15:05 Vishnu : some come and save te econmy .
15:06 Amit N : Shai, i hope we do have the webinar today at 8:30, in all the excitement we forgot
15:07 Tejpreet : Shai if possible can you share the annual mp charts on slack. to have a visual on these numbers.
15:07 Vishnu : yes do we have
15:07 Kushal : g2g.. Bye all
15:07 Uttam : lol Amit dont forget to get beers
15:07 Shai : Yes webinar is on
15:07 Amit N : 🙂 UG
15:07 Amit N : Thanks Shai
15:08 Kalpesh : who all are doing atm strangle tday ? 🙂
15:09 Kalpesh : at 3:20/3:25
15:09 Kalpesh : long ATM Strangle
15:09 Uttam : not even looked at next week’s options 🙂
15:10 Govind : Don’t look Uttam 🙂 prices are scary
15:11 Uttam : 🙂
15:11 Uttam : hope we get a chance to enter tom & not just open with a circuit down ;-p
15:11 Govind : an ATM BNF PE was around Rs. 300 to 350 yesterday, but today it is 3 times
15:11 Uttam : vix at 41
15:12 Govind : and What was the high during the elections?
15:12 Govind : 30+ right Uttam?
15:13 Uttam : Shai said we can expect 50 in it
15:13 Govind : yeah, he tweeted about it when the virus thingy started
15:14 Uttam : spx out of cuiruit
15:14 Uttam : circuit
15:14 Govind : yeah
15:15 Govind : tomorrow 3IB rules
15:16 Govind : I just wanna pray that we do not get a big gap
15:16 Uttam : at least the market opens ;-p
15:16 Avinash : 3IB rules?
15:16 Govind : haha, true
15:16 Kalpesh : indeed Uttam
15:17 Govind : You never know, they might close the markets like they did during 9/11
15:17 Avinash : Govind Could you please elaborate… 3IB rules
15:17 Govind : HDFCB @ 1000, looks very tempting
15:18 Uttam : @Avinash it is one of the set ups we look to trade in the room
15:18 Uttam : when we get 3 IB day, we look for a contra day the next day
15:18 Uttam : contra move
15:18 Avinash : Oh. Okay. Thank you.
15:19 Tejpreet : CME will suspend trading in Chicago from 13th
15:19 Govind : look for exhaustion post initial balance Avinash
15:19 Avinash : Ok
15:19 Govind : will guid you tomorrow
15:20 Avinash : Gr8. Will be nice
15:20 Govind : only problem is, we are 1000 points from today’s IBL
15:21 Avinash : So the move is targetted at previous days IBL
15:22 Jitender : 24.6ce from 114-247….games fii play…i didnt trade
15:23 Jitender : 347
15:23 Govind : OK guys, congrats to all and thanks to Shai/Uttam/Jit for guiding us thru a volatile 3 weeks. We should be happy and content that we made money during this time while plenty of retailers have been losing money. Power of great mentorship and pack trading. See you tomorrow.
15:24 Jitender : its all Shai and his vision
15:24 Jitender : & environment…
15:24 Shai : indeed Gov
15:24 Jitender : just happy to contribute
15:24 Shai : Congarts to all
15:24 Vishnu : +1000
15:24 Himanshu : Yes -Kudos to Chief, UG, Jit – Tej
15:24 Uttam : +10000 – (15:24) Jitender : its all Shai and his vision
15:24 Shai : stay grounded stay engaged
15:24 Himanshu : I just dowtail
15:24 Govind : donated some rice to needy folks after the harvest, they were so happy
15:25 Shai : +1
15:25 Vishnu : +100 gov\
15:25 Tejpreet : +1
15:25 Ketan : thanks you team VT ! govind put it precisely !
15:25 Jitender : +1
15:25 Chandrashekhar : +1 Gov, super cause
15:25 Uttam : swesome Gov +1
15:25 Sagar : +1
15:25 Govind : thanks guys
15:25 Uttam : awesome*
15:25 Rajan : Excellent Gov +1
15:25 Lakshay : thanks vt and members
15:25 Avinash : Gov +1
15:26 Santhosh : +1
15:27 Rajiv : Why is the 9550 CE at 40 still closing should be much higer
15:27 Shai : 60 point disc now
15:27 Uttam : vwap of last 30mins average will be taken Rajiv
15:28 Vishnu : https://vtrender.slack.com/archives/C0F2VRTPW/p1584007169261300
15:28 Tejpreet : Bye All.
15:28 Shai : 9600- 9650 supply band tom
15:28 Shai : if we open here that is
15:28 Uttam : 🙂
15:28 Vishnu : please pray pnen there for us to take position
15:29 Shai : Bye all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Chandrashekhar : Thanks All, Bye now
15:29 Shai : Take care everyone and login at 08.30 here for the webinar
15:29 Amit N : Thanks VT team
15:30 Rajan : Bye all. Thanks
15:30 Avinash : Thank you guys. See you in the evening. Bye
15:31 Himanshu : Yes Chief – Bye all
15:31 Himanshu : Was one hell a day – News Papers and Twitter will be red tom
15:31 Himanshu : Am sure will get call from my relatives tonight – Bye all
Break Out Session Chat
(20:20) Rajesh : hi
(20:20) Rajesh : do we have the webinar here
(20:21) Saheer : yes
(20:21) Rajesh : ok thanks
(20:24) Rajesh : hello. No voice
(20:25) Vasant : hi
(20:25) Saheer : I think chief is yet to join
(20:25) Avinash : Hi Everyone
(20:25) Anil : Good evening All
(20:27) Himanshu : hi
(20:27) Kushal : check
(20:27) Himanshu : Good evening all
(20:27) Vishnu : ge shai
(20:27) Kushal : Good evening Chief
(20:27) Avinash : Good Evening
(20:27) Sanjib : Good evening
(20:27) Sanjib : Good evening
(20:27) Suhas null: hi gd evng
(20:27) Rajesh : good evening
(20:27) Sanjib : Yes
(20:27) Vishnu : ys
(20:27) Suhas null: yes
(20:27) Saheer : yes
(20:27) Rajan : Yes
(20:27) Govindarajan : good evening
(20:27) Avinash : Yes
(20:27) Vasant : yes
(20:28) Favas null: he
(20:31) Rajesh : fine
(20:31) Himanshu : Great chief
(20:31) Vishnu : good
(20:31) Avinash : Fab
(20:31) Rajan : Good
(20:31) Anil : good
(20:31) Suhas null: fab
(20:31) Sanjib : Great
(20:31) Vishnu : mee
(20:31) Kushal : Me
(20:31) Rajesh : me
(20:31) Saheer : Yes
(20:31) Sanjib : Me
(20:31) Praveen : me
(20:31) Santhosh null: the evening
(20:31) Avinash : Yes
(20:31) Himanshu : I had ( not big yet) like #
(20:31) Prateeek null: me
(20:31) Jitender : how many didn’t have 🙂
(20:31) Anil : me not made
(20:32) Rajan : i did not made
(20:32) Santhosh null: very good and happy
(20:32) Vishnu : me
(20:32) Suhas null: grounded and engaged
(20:32) Kushal : Me
(20:32) Vijay : Me
(20:32) Suhas null: +1
(20:32) Uttam : Good Evening All 🙂
(20:32) Vasant : iwasnt there couldnt trade
(20:32) Anil : loss
(20:32) Vijay : I had record profits
(20:32) Rajan : Profitable week
(20:32) Avinash : WK +
(20:32) Himanshu : Proftiable monday to Thursday ( but Friday was loss)
(20:32) Sanjib : good week
(20:32) Sanjib : Me wk+
(20:32) Amit N: profitable
(20:32) Saheer : +
(20:32) Prateeek null: highly profitable week and confident trading
(20:32) Praveen : wk+ still
(20:32) Santhosh null: +1+1
(20:32) Himanshu : Mine was due to old bad habit of playing contra short in Options
(20:36) Rajesh : no voice. When we aare starting?
(20:36) Rajesh : started
(20:36) Saheer : voice is there
(20:37) Rajesh : yes
(20:37) Nagaraj Hegde: yup
(20:37) Kushal : Yes
(20:37) Sanjib : yes
(20:37) Amit N: yes
(20:37) Himanshu : Voice is there Rajesh
(20:37) Avinash : Yes
(20:37) Vasant : s
(20:37) Anil : yes we can ,listen clearly
(20:37) Govindarajan : yes
(20:37) Avinash : Speaker icon needs to be opened
(20:37) Rajesh : now i can listen..
(20:37) Vishnu : its ok
(20:38) Vijay : friday the 13th
(20:38) Vishnu : 130th means
*** Uttam , Welcome to the Vtrender conference room!
(20:42) Avinash : Whats at Op+RA 9996
(20:43) Avinash : Ok
(20:43) Kushal : We are not having cumulative COT values for the day now?
(20:44) Uttam : not needed Kushal, COT is most effective on 5mins
(20:44) Kushal : +1 Uttam
(20:44) Kalpesh : from first 5 min candle its Open DRIVE on gap down, but COT positive
(20:44) Kalpesh : so do we wait till low of first candle break to initiate short?
(20:44) Uttam : understandable as shorts will book when such a big move or profit is there – (20:44) Kalpesh : from first 5 min candle its Open DRIVE on gap down, but COT positive
(20:44) Avinash : 1.6L Cot and no long?
(20:44) Avinash : Or contra
(20:44) Nagaraj Hegde: How does one take a call when COT is postiive and market levels are moving down?
(20:45) Avinash : @10
(20:45) Uttam : watch VWAP – (20:44) Nagaraj Hegde: How does one take a call when COT is postiive and market levels are moving down?
(20:45) Vishnu : here we get vwap rejection
(20:45) Nagaraj Hegde: Ok. So VWAP rejection is a sign?
(20:45) Avinash : What are the exhaustion signs
(20:45) Uttam : big buyer needs to take the acution to VWAP & above if not hes failing os is just a short cover mostly
(20:46) Jitender : Shai..can we pause and have yr take on 10.45-11.10 period?
(20:46) Nagaraj Hegde: Ok. Thanks Uttam
(20:46) Jitender : sure
(20:46) Vasant : confusion when cot positive and market going down viice versa with negative and market going up?
(20:47) Avinash : IS with no followthrough is indicative of something?
(20:47) Kalpesh : so what is the difference between GAP DOWN – OPEN DRIVE – NEGATIVE COT and GAP DOWN – OPEN DRIVE – POSITIVE COT (in both cases COT > 1 lac) in terms of intitating trade? @Shai
(20:47) Vishnu : avinash trend day with vwap rejectionis a sign that we will move lower or higher along with the rend
(20:47) Uttam : watch VWAP & IB and then range extension – (20:47) Kalpesh : so what is the difference between GAP DOWN – OPEN DRIVE – NEGATIVE COT and GAP DOWN – OPEN DRIVE – POSITIVE COT (in both cases COT > 1 lac) in terms of intitating trade? @Shai
(20:47) Vishnu : gap always by big players invinsible
(20:48) Vishnu : second rejection of vwap
(20:48) Kushal : We never went above VWAP today
(20:48) Kushal : +1 Vishnu
(20:48) Vishnu : also we never went ibl and still below that
(20:49) Vishnu : also -1.5 l cot
(20:49) Vishnu : with is
(20:49) Kushal : yes..
(20:49) Vishnu : 0s there at 9412. means auction got supply ends
(20:49) Uttam : rb@ 9450
(20:50) Uttam : IS was at 9600
(20:50) Kushal : is 9412 Monthly POC?
(20:50) Vishnu : which month
(20:50) Uttam : no Kushal
(20:50) Kushal : i mean from 2017..
(20:51) Vishnu : yes
(20:51) Kushal : +1
(20:52) Avinash : Thank you Uttam and Vishnu
(20:53) Vishnu : yes
(20:53) Uttam : yep
(20:53) Kushal : yes
(20:53) Saheer : yup
(20:53) Kalpesh : yes
(20:53) Avinash : Y
(20:53) Sanjib : agree
(20:53) Rajesh : yes
(20:53) Himanshu : yes
(20:54) Himanshu : sellers
(20:54) Vishnu : sellere
(20:54) Nagaraj Hegde: sller
(20:54) Saheer : sellers
(20:54) Kalpesh : seller
(20:54) Kushal : Seller OTF
(20:54) Uttam : selling tail from 9957 to 10335
(20:54) Rajan : Seller
(20:54) Rajesh : Sellers
(20:54) Uttam : yes
(20:54) Rajesh : no
(20:54) Vishnu : ya
(20:54) Nagaraj Hegde: yes
(20:54) Rajesh : yes
(20:54) Vijay : yes
(20:54) Himanshu : yes
(20:54) Kushal : Yes
(20:54) Himanshu : Yes
(20:54) Rajan : Yes
(20:54) Avinash : Yes we saw it today
(20:54) Kiran : yes
(20:55) Sanjib : saw it today
(20:55) Rajesh : we have been seeing it in the market
(20:55) Kalpesh : no because for that candle – buyers commitment more that i understand
(20:55) Amit N: Thats where the confusion creeps in
(20:55) Nagaraj Hegde: covering
(20:55) Sanjib : rb
(20:55) Avinash : Booking profit
(20:55) Uttam : shorts booking
(20:55) Himanshu : sellers are storng
(20:55) Vishnu : pb
(20:55) Kalpesh : its not frsh buying
(20:55) Bhupinder : buyers are not doing good job
(20:55) Kiran : booking
(20:55) Himanshu : first – Shorts booking and selling again ..
(20:57) Uttam : +100
(20:57) Vishnu : meee also
(20:57) Sanjib : +
(20:57) Sanjib : 1000
(20:57) Jitender : perfect…process +100
(20:58) Kushal : +100
(20:58) Uttam : late shorts getting squeezed out
(21:00) Kalpesh : can you please explain again UPSIDE DOWN?
(21:00) Jitender : lack of follow up..immediately
(21:00) Sanjib : yes
(21:00) Avinash : y
(21:00) Jitender : yup
(21:00) Rajesh : y
(21:00) Kiran : yes
(21:00) Kushal : lots of reds
(21:00) Uttam : +100
(21:01) Jitender : distribution
(21:01) Vijay : yes
(21:01) Uttam : superb
(21:01) Vishnu : continous same level rejection with negative cot
(21:01) Nagaraj Hegde: yeah. Good one
(21:02) Rajan : Yes
(21:02) Jitender : ys
(21:02) Kiran : yes
(21:02) Amit N: yes
(21:02) Avinash : y
(21:02) Sanjib : yes
(21:02) Uttam : yes
(21:02) Kushal : 14:05 IS+ >1L -ve COT
(21:03) Santhosh null: s
(21:03) Vishnu : + cot
(21:04) Kalpesh : it means at the exhaustion, we have opposite cot than cnadle? most of the time
(21:04) Kushal : no greens till close
(21:06) Kushal : switching sides
(21:07) Jitender : Shai..have one suggestion
(21:07) Rajan : i have a question Shai
(21:07) Jitender : can we have a complete screen iof 5min running seperately in goto
(21:07) Vishnu : shai usually last 15 cot jyust square offs going
(21:07) Himanshu : Jit – you shoot
(21:07) Rajan : How did you got the level of 9400 post teh second selloff
(21:07) Himanshu : YEs thats what i wanted to ask
(21:08) Vishnu : so can i consider it for taking overnight postion
(21:08) Jitender : tat will gv a better perspectv
(21:08) Himanshu : cause – I loose sight of 5 minute
(21:08) Kalpesh : thanks Shai
(21:08) Himanshu : Thx Sai
(21:09) Jitender : distribution of today wud have been very good on big screen to capture
(21:09) Suhas null: zoomgr8 thanx shai platfor
(21:09) Jitender : tx
(21:09) Sanjib : That will be good
(21:09) Himanshu : lag time increases in fast market – High VIX
(21:09) Rajan : How did you got the level of 9400 post teh second sell off from VWAP
(21:10) Lakshay : 8700 on sgx fucked very hard
(21:10) Vishnu : 12430
(21:11) Uttam : party to abhi shuru huyi hai ;-p
(21:11) Kushal : top
(21:11) Vishnu : ok
(21:11) Kalpesh : no
(21:11) Rajan : If you can explain again teh concept of Excess
(21:12) Himanshu : Longer
(21:12) Avinash : OTF
(21:12) Kushal : Higher
(21:12) Rajesh : higher tf
(21:12) Saheer : very short
(21:12) Kalpesh : monthly
(21:12) Rajesh : daily
(21:12) Vijay : long
(21:12) Rajan : Longer
(21:12) Avinash : Longer
(21:12) Suhas null: monthly
(21:12) Himanshu : so below 10K guys long term longs
(21:14) Kushal : balance
(21:14) Jitender : composite
(21:14) Avinash : Bracket
(21:14) Himanshu : consoldiation
(21:14) Bhupinder : overlap
(21:14) Jitender : balance
(21:14) Rajan : Balanced
(21:14) Uttam : 80% rule
(21:14) Sanjib : Balance
(21:15) Vishnu : yes
(21:15) Jitender : superb……
(21:16) Uttam : _/\_
(21:16) Kushal : Great..eye opening stuff
(21:16) Saheer : crystal clearr explanation
(21:16) Vishnu : yes
(21:17) Kushal : NS
(21:18) Rajesh : 2008 it was similar
(21:19) Vishnu : demont
(21:19) Kalpesh : its 6500
(21:19) Kalpesh : around
(21:19) Vijay : Do we have the same chart for Bank nifty?
(21:19) Jitender : 8400 was demon low
(21:19) Jitender : 8800 it start 2017 rally
(21:19) Vishnu : already 8780 in sgx shai is it matters
(21:20) Uttam : lovely Shai
(21:20) Kushal : lower investing return expectations
(21:20) Gaurav : what is the value of the vwap here
(21:20) Uttam : 9330 Gaurav but vwap is a zonr so take it at 9000-9300
(21:21) Rajan : yes
(21:21) Rajesh : y
(21:21) Vishnu : ys
(21:21) Kushal : Y
(21:21) Himanshu : y
(21:21) Sanjib : yes
(21:21) Uttam : yep
(21:21) Rajesh : yes
(21:21) Ashwath : yes
(21:21) Favas : ys
(21:23) Rajesh : yes
(21:23) Himanshu : yes
(21:23) Kushal : y
(21:23) Vishnu : y
(21:23) Rajan : yes
(21:24) Saheer : yes
(21:24) Uttam : Trending month
(21:24) Ashwath : agree
(21:24) Kiran : yes
(21:24) Avinash : y
(21:24) Kalpesh : yes
(21:24) Uttam : classic
(21:25) Vishnu : ys
(21:25) Rajesh : true
(21:25) Kushal : lagging
*** Jitender has left the webinar.
*** Jitender has joined the webinar room.
(21:27) Jitender : Shai..any opening in yr off fr a water boy or admin guy?
(21:27) Saheer : yes
(21:27) Ashwath : yes
(21:27) Rajesh : yes indeed
(21:27) Uttam : I am also ready Jit 🙂
(21:27) Vijay : +100
(21:27) Suhas null: ys
(21:27) Amit N: satya vachan _/\_
(21:27) Anil : indeed
(21:28) Kalpesh : yes
(21:28) Himanshu : Water boy
(21:28) Vishnu : shai one clarification this type of market will last for couple of months
(21:28) Rajesh : haaa
(21:28) Uttam : excellent Shai 🙂 wonderful session _/\_
(21:28) Himanshu : Me am ready
(21:28) Jitender : 1 applied first
(21:28) Kushal : no dow cow mow
(21:28) Himanshu : Ok – I will assist you jiy
(21:28) Jitender : only corona
(21:28) Uttam : always first in class – (21:28) Jitender : 1 applied first
(21:28) Avinash : This is a scary outlook
(21:28) Rajan : Do we still have a range to make decent money??
(21:28) Vishnu : tom view
(21:28) Himanshu : Go Corona Go Corona
(21:28) Himanshu : corona go
(21:28) Jitender : Shai can u review vix also pls
(21:28) Jitender : if time is tere
(21:28) Vishnu : trivandrum reported first case
(21:28) Vishnu : scary hre
(21:29) Ashwath : What a session! Hats off to you Shai.
(21:29) Rajan : No voice
(21:29) Himanshu : Chief – VIX review – As jit asked
(21:29) Bhavani : Vishnu, Stay calm.. Nothing will happen
(21:29) Uttam : yes today 9700pe
(21:30) Santhosh null: I’m from
(21:30) Bhavani : Nothing bad..
(21:30) Uttam : 33 to 222
(21:30) Bhupinder : highly motivating
(21:30) Avinash : Shai will there be any indication for vix crash
(21:30) Kalpesh : Shai…you are the best
(21:30) Vishnu : tm view
(21:30) Kalpesh : as mentor
(21:30) Jitender : (21:28) Jitender : Shai can u review vix also pls
(21:30) Himanshu : VIX crash –
(21:30) Himanshu : VIX review
(21:30) Bhavani : NIce session.. and please guide us as usual
(21:30) Kushal : Yes Shai
(21:30) Vijay : Vix review please
(21:30) Santhosh null: Trivandrum not much traffic today
(21:30) Bhupinder : does the COT of last few candles matter for next day
(21:31) Kalpesh : how do we copy this chat ??
(21:31) Uttam : US 10% down paused at 7% circuit for first q5mins
(21:31) Avinash : SGX @ 8700
(21:31) Avinash : Ok
(21:32) Himanshu : First could be RB – with Gap down bookinh
(21:32) Rajesh : yes
(21:32) Kalpesh : ho do we copythis chat?
(21:32) Vishnu : yes
(21:32) Uttam : thanks so much Shai
(21:32) Bhavani : Thnaks shai..
(21:32) Jitender : tx fr a grt session
(21:32) Vijay : thank you
(21:32) Rajan : Thanks a ton Shai
(21:33) Avinash : Thank you Shai
(21:33) Rajesh : Thank you Shai
(21:33) Ketan : superb session Shai ! thanks a lot !
(21:33) Favas : thnks shai
(21:33) Saheer : thank you
(21:33) Vishnu : thanks shaiiii
(21:33) Amit N: Thanks a lot
(21:33) Rajesh : good night
(21:33) Kushal : Thanks Shai
(21:33) Sanjib : excellent Session Shai,Thanx
(21:33) Lakshay : thanks
(21:33) Ashwath : Thank you!
(21:33) Rajesh : wsuperb session
(21:33) Suyog : thanks Shai.. superb session..
(21:33) Nagaraj Hegde: CHeers