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