The key to using Order Flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The Order Flow is like a list of trades and helps to know how other traders are placed in the market.
Vtrender helps you to stay on top of the Market by understanding Order Flow. This increases your flexibility, your data analysis capability and your winning trade signals. And you make your existing systems better.
NF
BNF
Room Chat
09:07 Vtrender Live : (09:04) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/366503373
(09:07) Vtrender Live: option charts – https://join.me/255-968-165
09:49 Shai : (09:49) Shai : Trade- Buy 30200 call at 126 sl of 96 tgt 176.
10:23 Shai : (10:22) Shai : Update – 30200 call at 149. Book fully.
11:46 Shai : (11:45) Shai : Intra – short NF 11707 sl of 11732 tgt 11660.
13:37 Shai : (13:37) Shai : Make exits in the NF shorts at 11720 F here
14:28 Shai : (14:28) Shai : Trade- Buy 30100 puts at 148- 150 sl of 80 tgt 245/ 300. Hold till tom.
08:55 Himanshu : GM – Chief
08:55 Himanshu : GM -all
08:56 Subhodeep : good morning all
08:58 Lokesh : GM
09:01 Subhodeep : pre open looks decent , asian markets all buyonat
09:01 Subhodeep : shai the ref of 11730 still holds importance?
09:02 Vtrender Live : option charts – https://join.me/779-130-567
09:04 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/366503373
09:06 Dr Prajwal : gm shai and all
09:07 Vtrender Live : option charts – https://join.me/255-968-165
09:09 Shai : GM all
09:09 Deepak : GM
09:09 Shai : https://vtrender.in/market-profile-analysis-dated-12th-apr/
09:09 Shai : https://vtrender.in/weekly-charts-8th-to-12th-april-and-market-profile-analysis/
09:10 Rahul Desai : Good morning everyone
09:11 Jitender : Gm Folks 🙂
09:12 Shai : yes- (09:01) Subhodeep : shai the ref of 11730 still holds importance?
09:12 Shubro : GM folks
09:12 Mani : GM all
09:13 Uttam : Good Morning All 🙂
09:19 Uttam : NF seems to be overcoming the RS at 11706?
09:20 Shai : some dip buyers at open
09:20 Shai : could be friday sellers booking
09:21 Govind : Good morning all.
09:22 Uttam : BN spot above that 30000.95 🙂
09:23 Uttam : though BNF yet to make new highs
09:25 Himanshu : first hypo – Uttam in BNF – 20056-145-168-2335-260 playing out
09:27 Uttam : 10k buyer in BNF at 30140
09:27 Himanshu : 1DT done – Uttam
09:28 Uttam : super Himanshu 🙂 congrats
09:28 Himanshu : Tried spoting – open type
09:28 Himanshu : Self Help- Where is Jit ?
09:31 Rahul Desai : Shai the volume that we see in the blue table below is pure Quantity or Number of Lots traded?
09:33 Uttam : that is the total vol Rahul
09:34 Uttam : big reds in NF
09:34 Anubhav null : Is
09:34 Uttam : 51k COT in this 5min bar
09:34 MJ : Good morning everyone
09:35 Uttam : hi Mihir you BN spot 30000.95 did not hold so more upside in BN?
09:36 MJ : As far as we stay above it.
09:36 MJ : Also I see number art just from ID perspective with a pinch of salt.
09:36 Uttam : but BNF yet to get above Friday highs
09:37 MJ : Yes I read that. Premium has reduced in both.
09:37 Uttam : range bound week looks like
09:37 Shai : Yes
09:37 Shai : heavily
09:37 Shai : 40 now from 100 🙂
09:37 Uttam : premium eating time in options
09:37 MJ : 11650 ce/pe is drawing down since last week.
09:38 Uttam : 11700 is the new combo to watvh
09:38 Uttam : both at 95-100
09:38 Shai : 11660 and 30010 supp
09:40 Deepak : 11660 / 30010 SPOT OR FUTURE LEVELS ?
09:40 Deepak : since i am new
09:41 Shai : only F for intra day
09:41 Rahul Desai : Thanks Uttam
09:41 Deepak : ok thanks
09:41 MJ : Uttam combo levels to watch in that straddle please?
09:41 Shai : you should trade the levels on the charts you see especially for intra
09:42 Deepak : ok
09:42 Deepak : need some material on how to read and interpret your chart
09:42 Deepak : where can i find it ?
09:42 Anubhav null : check welcome mail
09:43 Deepak : ok
09:43 Uttam : the links are there in the welcome mail Deepak
09:43 Deepak : ok thanks
09:43 Uttam : will also call you today evening
09:43 Deepak : ok great
09:44 Deepak : do u also discuss upon the candle charts and evolving chart patterns ?
09:45 Deepak : or stick to your charts ?
09:45 Uttam : we use MP and OF
09:45 Deepak : what is MP and OF > ?
09:46 Uttam : Mrket Profilr
09:46 Uttam : Profile
09:46 Uttam : and Order Flow
09:46 Deepak : k .. thanks
09:46 Lokesh : Do you have have any Master template, where Key points for INtraday can be recorded
09:47 Uttam : we have a daily report which you can refer for levels
09:47 Jitender : 22.14 vix
09:48 Uttam : plus in the table on the left hand side you have all the levels mrked and the same are also marked on the charts
09:48 Uttam : BNF going for that 30247?
09:48 Uttam : 17k buyer
09:49 Uttam : needs to stay above 30168
09:49 Lokesh : CL1, CL2, CL3 and CL4 is not visible?
09:49 Shai : Trade- Buy 30200 call at 126 sl of 96 tgt 176.
09:55 Shai : 21.1 supp in vix
10:02 Lokesh : where can i see for Nifty Delta and cumulative delta?
10:03 Uttam : https://global.gotomeeting.com/join/366503373
10:03 Uttam : here
10:06 Lokesh : Thanks Uttam
10:14 Jitender : crude hi, usdinr hi n bnf lso hi
10:14 Jitender : n vix hi
10:17 Subhodeep : now nifty also enroute for day hi
10:17 Subhodeep : 🙂
10:18 Subhodeep : tagged series composite poc at 717 718
10:18 Subhodeep : today
10:19 Anubhav null : reds in bnf
10:19 Anubhav null : move over?
10:19 Uttam : (09:48) Uttam : BNF going for that 30247?….30226 high so far
10:20 Uttam : we have a C side ext in BNF
10:20 Uttam : but PLR still up
10:20 Uttam : A period singles
10:22 Subhodeep : one move building up imho(10:19) Anubhav null: move over?
10:22 Shai : Update – 30200 call at 149. Book fully.
10:23 Shai : will respond again if 30250 is taken out with biug volumes post 11 am
10:24 Shai : 30260/ 11730 ref zone for the morning auction
10:24 Subhodeep : shai any stocks on your personal watch list from the fno space?
10:26 Shai : 155 res in the 30200 call now
10:28 Ravi : Hi Uttam ..does 17k in NF got stuck?
10:28 Uttam : we are still there only Ravi
10:28 Uttam : lets see
10:28 Uttam : could be a SL of shorts too
10:28 Ravi : Tq Uttam
10:28 Uttam : 13k green
10:29 Uttam : 11721 is the hvn so negotiation going on here
10:29 Ravi : ok
10:29 Shai : reason to come out of that long is C side extension right?
10:30 Shai : don’t forget the guidelines
10:31 Lokesh : All Day delta negative , does it indicate down bias?
10:32 Shai : delta is meaningless on day TF
10:32 Shai : we don;t follow it
10:33 Lokesh : ok
10:35 Shai : 30130 new supp in BNF – (09:38) Shai : 11660 and 30010 supp
10:43 Uttam : good chances of D making fresh RE up
10:44 Subhodeep : whats RE UTTAM?
10:45 Uttam : range ext
10:45 Shai : @subhodeep my list of bulls today- https://vtrender.slack.com/archives/C0F5YFATH/p1555305330000100
10:46 Shai : BN and Vix also in the scan but not NF
10:46 Uttam : 13700 red in BNF
10:47 Uttam : 30239 high so far…missed that 30247 by 8 points as of now
10:48 Shai : second round of profit booking in BNF
10:49 Uttam : NF has 3 tpos at top
10:51 Deepak : i am long in bnf since yesterday 29960 any target ?
10:52 Deepak : my personal targets are 30270 and 30340
10:52 Deepak : advise please
10:53 Uttam : nice Deepak, you can look to part book here around 30247-260 levels & trail rest to cost
10:53 Deepak : ok thanks
10:53 Uttam : fresh leg up will be only above 30260 with vols increasing
10:54 Deepak : ok
10:54 Deepak : so i close positions book profit and if the levels cross 30260 reenter ?
10:54 Uttam : yep
10:55 Deepak : Long in nF 10690
10:56 Deepak : since yesterday
10:56 Deepak : target 10729/10746
10:56 Deepak : NF looks weak
10:56 Deepak : feel like exiting
10:56 Uttam : NF still in Friday range
10:57 Deepak : ok
10:57 Subhodeep : uttam you remember friday nf high ?
10:57 Uttam : unable to get above that high vol zone of 11721-730
10:57 Subhodeep : what was it 742?
10:57 Uttam : 11727
10:57 Subhodeep : oh ok
10:57 Subhodeep : thanks
10:57 Uttam : 🙂
10:57 Deepak : yes
10:57 Deepak : struggling
10:57 Uttam : 84k red was there at Friday highs
10:57 Uttam : that seller still holding
10:58 Subhodeep : another vwap test
10:58 Shai : yes 11706 has to hold
10:59 Shai : else upside probes may be done till 2 pm
10:59 Subhodeep : itc not giving a good feeling
11:00 Subhodeep : thanks for the list shai
11:00 Subhodeep : appreciate it
11:00 Deepak : ok
11:01 Deepak : place stop loss for nf at 10680 ?
11:03 Deepak : and bnf 30178 ?
11:09 Shai : @Deepak stops are decided based on the business plan at the time of entry and the timeframe of your trade
11:09 Shai : without knowing either how can a stop be suggested??
11:11 Deepak : traded on 60 min tf – upon breach of significant top at 29952 – initial stoploss was 29830
11:12 Shai : okay
11:13 Shai : as Uttam mentioned there is significant supply at 30260F
11:13 Shai : initial supp is at 30130 F for day
11:13 Shai : we are keeping a bias positive abv 30130 for day
11:13 Deepak : Nf traded on 60 min tf upon breach of significant top 11670 initial sl being 11625
11:13 Deepak : ok thanks
11:13 Shai : plan – (10:23) Shai : will respond again if 30250 is taken out with biug volumes post 11 am
11:14 Deepak : ok thanks a lot
11:29 Shubro : Uttam todays day is OAIR in both?
11:29 Subhodeep : VWAP test on
11:30 Uttam : BNF moved out of prev day range at open itself Subho
11:30 Uttam : NF is an OAIR
11:30 Uttam : BNF just Open Auction
11:32 Subhodeep : subhro i guess uttam i am not a bnf fan .. have no control over that beast
11:33 Uttam : sorry 🙂 my bad
11:34 Uttam : reds at vwap in NF
11:34 Uttam : trifecta
11:34 MJ : Uttam spot high check 🙂
11:34 MJ : nf
11:34 MJ : ns*
11:35 Uttam : lol Mihir so week’s high done?
11:36 MJ : ID context for those always. Later I just add my comment on my chart.
11:37 MJ : Clear OAIR. Waiting will get good trade I feel.
11:37 Uttam : Spot not an OAIR Mihir, trading above Friday highs
11:39 MJ : I don’t have spot data uttam 🙂 just checking room chart and mplite.
11:39 Uttam : I have that is why confirmed that is it not an OAIR as you were taking spot high as your daily ref na
11:40 MJ : Spot high is number art. Will share what I see there.
11:41 Uttam : same here 🙂 will share what I know
11:42 MJ : If spot of any instrument goes to round nos or .95 there are chances that you’d find small reversal. can backtest this for diff instruments. Just like 6/20 🙂
11:43 Uttam : BN Spot we saw on Friday so lets see Nifty spot of today what results it gives
11:43 MJ : Again trick. Not a trade idea. So anyone reading this use it with other context.
11:44 MJ : Yes uttam 🙂 Friday. Gave good last min trade.
11:45 Uttam : exactly which is why I am clarifying that new ppl should not take this as a signal
11:45 Uttam : random numbers
11:45 Uttam : and they get porinter daily
11:45 Uttam : better to concentrate on your analysis & OF
11:45 Shai : Intra – short NF 11707 sl of 11732 tgt 11660.
11:46 Uttam : get printed* daily
11:46 Uttam : (11:44) MJ : Yes uttam 🙂 Friday. Gave good last min trade. plus most of them cannot take the minute trades as you do Mihir 🙂
11:47 Boppanna : BNF E makes a LHLL after making HH till D
11:51 Hari : GM All
11:55 Rajeev : Volume low
11:57 Lokesh : Shai, if you can help me make understand the basis on NF short. Just for my understanding
12:04 Anubhav null : rs near resistance
12:11 Himanshu : 59k redd
12:11 Himanshu : in NF
12:11 Himanshu : uttam – huge ressitanccce
12:12 Shai : 11730 is old supply – (11:57) Lokesh : Shai, if you can help me make understand the basis on NF short. Just for my understanding
12:12 Subhodeep : shai still stick to the 732 sl or exit ??
12:13 Subhodeep : ltos of reds coming in though on the 30 min of
12:14 Mani : 60k red
12:14 Subhodeep : digestion in progress or a puke on teh cards?
12:14 Subhodeep : 🙂
12:15 HPandey : thats sl shai?
12:15 HPandey : nf
12:15 Shai : no 54k is single
12:15 Shai : 3000 is sl
12:15 Mani : okay chief
12:15 HPandey : okk thanks
12:15 Shai : shoukd drop back to 11706
12:16 Subhodeep : +1
12:16 Shai : but needs to break below our entry point for trade to be proftable
12:16 Subhodeep : 🙂
12:16 Shai : 🙂
12:16 Shai : what I emant was an auction below 11706 by sellers
12:17 Uttam : Nifty spot makes new hgihs
12:17 Uttam : no relevance of that .95
12:17 Shai : would – premium play trading
12:17 Uttam : yep
12:17 Uttam : now BNF spot has 0.95 as high
12:18 Uttam : (09:37) Uttam : range bound week looks like(09:37) Uttam : premium eating time in options
12:20 Uttam : NF forming a ledge at that 11721?
12:20 Lokesh : I understand the SL and TGT mentioned. But, short price of 11707 ?
12:20 Lokesh : I am new here, hence asking . No idea Whether i should ask or not
12:23 AN : 15k buyer in NF exited at cost looks like?
12:25 Uttam : (12:20) Lokesh : I understand the SL and TGT mentioned. But, short price of 11707 ? Lokesh the short call was given in NF so you can short around 11707 levels with SL 11732
12:26 Lokesh : I have shorted. But key points for that short at that price I did not get
12:26 Shai : was looking at short below vwap- (12:20) Lokesh : I understand the SL and TGT mentioned. But, short price of 11707 ?
12:27 Shai : yeah timing iof off on that 1
12:27 Shai : but OF shows supply so we hold
12:28 Lokesh : Thanks Shai and Uttam.
12:28 Shai : if sl holds we will see the tgt on a sharp down near 2 or 2.30
12:28 Lokesh : Sure
12:28 Himanshu : Shai – BNF ref now 30130 is support ?
12:28 Shai : yes 30130 for now
12:29 Himanshu : ansy short sell trigger on BNF
12:29 Himanshu : or only below 30130
12:29 Shai : can short near 30240 where there has been liquidation seen
12:29 Uttam : pull back low in both at 11701 & 30160
12:30 Shai : (10:48) Shai : second round of profit booking in BNF
12:32 Hari : Shai USDINR view swing pls
12:36 Uttam : (09:49) Uttam : needs to stay above 30168…BNF seems to be getting buyers here
12:37 Uttam : if stays below 30168 BNF can give some more correction
12:38 Uttam : USDINR gave a gap down but a drive up Shai whcih has failed?
12:39 Shai : +1
12:39 Shai : usdinr same 69.03- 69.14 as supp
12:39 Shai : 69.63 is supply 1
12:39 Shai : F levels
12:45 Rahul Desai : Hi Shai your views on GBPINR please
12:46 Uttam : NF needs to get above 11718 & BNF above 30198 now & sustain else can probe lower
12:46 Subhodeep : shai some insight on the mb chart we see a yaxis spike with the no 51675 how are we to read this
12:47 Uttam : thats a hgih vol node Subho
12:47 Subhodeep : ok
12:47 Uttam : can offer res or sup depending on where it comes up
12:47 Uttam : for now NF needs to get above it & sustain for upside
12:48 Subhodeep : logical that s at day highs :0
12:48 Subhodeep : nearly
12:48 Subhodeep : 722 tyoes
12:48 Subhodeep : thanks uttam
12:48 Uttam : this zone has been getting highs vols since last week Subho
12:49 Uttam : 11727 on Friday got a 80+k seller
12:49 Subhodeep : yes been aware of that
12:49 Uttam : and again lows vols today
12:49 Subhodeep : beeenwatching that closely as well as 11717 and 11730 havebeen coming up in my dreams these nights 🙂
12:49 Uttam : so sellers taking advantage of that supply zone
12:50 Uttam : lol Subho 🙂
12:50 Subhodeep : tryig to take advantage
12:50 Subhodeep : not yet done a good job though
12:50 Uttam : yep
12:50 Uttam : BNF forming a small ‘p’
12:50 Subhodeep : learning leanrning uttam all thank to all the ppl who guide and the vt room as a whole
12:51 Uttam : +1 Subho me too 🙂 i have also been learning here, this is the best classroom I have even been to in my life
12:51 Uttam : ever*
12:52 Subhodeep : +1
12:53 Mani : +1
12:55 Subhodeep : normal variation/ neu extreme type of structure in formation uttam?
12:55 Subhodeep : nf wise?
12:56 Uttam : Neutral has been the flavor of this series Subho especially in BNF but for now VWAP holding so can be a p+spike today
12:56 Uttam : 11721 ledge if crossed then NF can move higher
12:56 Subhodeep : note d uttam
12:56 Subhodeep : thankas
12:57 Subhodeep : got to brsuh up the ledge characteristics
12:57 Jitender : imd 2 release its forecast at 3pm
12:57 Uttam : correct time for that 3:05 move today Jit 😉
12:57 Jitender : 🙂
12:57 Himanshu : jit – wcc
12:58 Subhodeep : hey jit wish you a very happ y new year
12:58 Himanshu : seems joined now
12:58 Jitender : tx bro..same 2 u
12:58 Jitender : Himanshu…on n off since morn
12:58 Himanshu : hmm
12:59 Uttam : Jit is not handling multiple accounts so all fingers in the ghee sorry on the keyboards 😉
12:59 Uttam : now*
12:59 Himanshu : Uttam – BNF – 9,45 to 1.00 Pm – upper side roation is completee seems
13:00 Himanshu : Bhai – jis ke naam hai Jit hai
13:00 Uttam : vwap & pull back low needs to go in both for weakness Himanshu
13:00 Himanshu : hamare naam mein Ansu hai
13:00 Uttam : lol
13:01 Himanshu : AAp ke naam mein uttam hai
13:01 Subhodeep : rula mat pagle yoeh to khushi ke ansu hain
13:01 Uttam : Shai ke naam mein Sha hai
13:01 Subhodeep : 🙂
13:01 Himanshu : Shubho Deep – is Shubh and bright
13:01 Uttam : lol Subho
13:01 Jitender : aur insan bnhi atti uttam hai
13:01 Himanshu : chief
13:01 Himanshu : YEs Ati Uttam
13:02 Subhodeep : seems everyones done with their 3 dts
13:02 Himanshu : Tej – ke naam mein Tej hai
13:02 Uttam : ok ok so aaj meri baari hai?
13:02 Uttam : guys seem to have booked out all their pos
13:02 Himanshu : yes
13:02 Subhodeep : now wonder
13:02 Himanshu : since 11 – am BEKAR
13:02 Uttam : aayega ek move to aaj aayega
13:02 Himanshu : Waiting for BTFD
13:03 Subhodeep : vix dilwayega
13:04 Himanshu : I think am biased for upside view – good open
13:04 Subhodeep : +1
13:05 Himanshu : so worst case is test open and close at DPOC
13:05 Anubhav : idea stock breaking out
13:05 Himanshu : BAKI SAAB – as Shai wishpers to Bot
13:05 Subhodeep : too big lto wise anubhav for my comfy
13:06 Himanshu : HDFC BANk is sting today – dont think can close below open + 3-5 rs
13:10 Anubhav : dunno why they keep such huge lot sizes in stock futures
13:10 Subhodeep : contract value wisse anubhav that is a defined range
13:11 Subhodeep : also beta in play when they do that
13:11 Subhodeep : for margins
13:11 Anubhav : reds in nf
13:11 Anubhav : last chance for bears
13:11 Uttam : some fresh vols coming in here looks like in NF?
13:11 Himanshu : 730 – Supply – as per Shai
13:11 Subhodeep : sl triggere at 732.7 fo rnf at my end short intra call
13:12 Shubro : SL hit on that short
13:12 HPandey : RS uttam?
13:12 Uttam : yes HPandey but let this 5min bar complete
13:12 HPandey : yeah
13:13 Shai : you guys exited on 30K reds?
13:13 Subhodeep : na i had it placed in the sys
13:13 Subhodeep : and i have slow fingers 🙂
13:13 Subhodeep : its ok at m end though
13:13 Subhodeep : no worries
13:14 Shai : rules are no stops in system bteween 11 am and 2 pm
13:14 Subhodeep : this i wasnt aware
13:14 Subhodeep : now aware
13:14 Subhodeep : noted
13:14 Shubro : ah ok Shai
13:15 Shubro : aiyaa
13:15 Uttam : we are gettig some demand at 11720
13:15 Uttam : trifect greens there
13:18 Deepak : adding nifty long upon satisfactory and confirmatory breakout of 11727
13:18 Deepak : in 60 min tf
13:20 Anubhav : looking like a bull trap
13:23 Shai : risk management rules on trades – https://vtrender.in/risk-management-on-calls/
13:24 Uttam : BNF gone
13:24 Anubhav : yayy
13:24 Uttam : all 0s below vwap
13:24 Himanshu : yaya
13:24 Uttam : 18k red at lows 30130
13:24 Shai : 30127
13:24 Himanshu : sold – 30200 ce- 145
13:24 Uttam : morning ext handle of BNF tagged
13:25 Himanshu : 30300 ce 105 on last spike
13:25 Shai : 11695
13:25 Anubhav : vwap gone
13:25 Uttam : +1 Shai
13:26 Uttam : some good vols in BNF here
13:26 Uttam : but NF still lower vols
13:27 Himanshu : covered – 30200 ce @103
13:27 Himanshu : 30300 – 70
13:29 Himanshu : uttam – Spot open test done in BNF
13:29 Himanshu : but NF seems weak – next buyers were at 11610-15 on friday if we recollect
13:30 Uttam : 11645 we had 55k green in NF on Friday Himashu
13:30 Uttam : and a 1.5L green at 11630 who could have booked out too
13:31 Shai : 11717 supply
13:32 Himanshu : NF ressitance not helping BNF move also
13:32 Himanshu : BNF stuck in range I guess
13:33 Himanshu : 30140 Spot – tough to trade above
13:34 Shai : 11695 seller messed it
13:34 Shai : he has since cobered
13:34 Shai : covered
13:35 Uttam : yes 30k red there
13:37 Shai : Make exits in the NF shorts at 11720 F here
13:37 Shai : can stil hold with sl of 11733 for this in but cober near 11695
13:38 Shai : a small note for people who put SL in the systems. We do not recommend it. here;s why- (13:23) Shai : risk management rules on trades – https://vtrender.in/risk-management-on-calls/
13:46 Subhodeep : sorry got dc , shai basis mprofile todays stucture of it stays and doe s not do extremes would it be right to infer that new balance has been found and we might start a leg up here positionally ?
13:46 Subhodeep : nf wise
13:48 Boppanna : That drop in I period BNF stopped right bot’s Friday sell level
13:58 Govind : boom
14:03 Himanshu : fall asleep ?
14:03 Anubhav : double top
14:08 Uttam : boom boom coming on upside in both?
14:08 Himanshu : karan – Arjun of Jit – are coming
14:08 Govind : RIL is trying to make a push as well…
14:10 Rajiv : that 11733 seems to be a Vtrender stop.!!!
14:10 Shai : yes but buyers have to produce demand abv 730 – (13:46) Subhodeep : sorry got dc , shai basis mprofile todays stucture of it stays and doe s not do extremes would it be right to infer that new balance has been found and we might start a leg up here positionally ?
14:11 Shai : see there are more greens now than before from 11
14:11 Shai : so they are pushing
14:11 Shai : 11755 F possible
14:11 Uttam : +1 Shai
14:11 Shai : this guy messed an easy donw move – (13:34) Shai : 11695 seller messed it
14:12 MJ : 30k upside down at 695.
14:22 Subhodeep : thanks fo r the input shai
14:24 Himanshu : boooom
14:24 Uttam : BNF finally tags 30247
14:25 Uttam : 1atr from Friday’s FA done
14:25 Boppanna : +1 Uttam
14:25 Uttam : 30250 was also a vPOC
14:25 Uttam : 19k red right at top in BNF
14:26 Himanshu : nf also reds
14:26 Himanshu : seems upside business is over ?
14:27 Anubhav : yes
14:28 Shai : Trade- Buy 30100 puts at 148- 150 sl of 80 tgt 245/ 300. Hold till tom.
14:30 Shubro : Shai big hairy supply sighting ?
14:36 Shai : yes
14:36 Shai : should viist 30111 before clsoe
14:37 Jitender : +1
14:41 Uttam : both NF & BNF have left a probable weekly FA at top
14:41 Shai : locals trading today
14:42 Shai : all these reds at lows are locals who have no clue on what to do
14:42 Uttam : so one more squueze move possible Shai?
14:44 Boppanna : BNF can you just stay below 150 pls
14:45 Subhodeep : lmao(14:42) Shai : all these reds at lows are locals who have no clue on what to do
14:45 Subhodeep : i used to be one of the whilst trying to trade nifty before vt
14:51 Boppanna : Seems to have misundertood the request 14:44 Boppanna : BNF can you just stay below 150 pls
14:52 Uttam : squeeze time?
14:52 Shubro : squeezy time
14:52 Subhodeep : one good spike is what you need (14:36) Shai : should viist 30111 before clsoe
14:52 Himanshu : come on baby
14:53 Subhodeep : such great to see 23 points gain on the nifty fut adn 51 points on nifty spot
14:53 Himanshu : think nifty spot can close aboe 10700
14:54 Subhodeep : absolutely but 11700 may/may not
14:58 Subhodeep : go go go
14:59 Uttam : lets see if we get that 3:05 trigger also
14:59 Subhodeep : yes
15:03 Boppanna : NF & BNf Uttam wants to make the probable to confirmed .. pls to the needful 14:41 Uttam : both NF & BNF have left a probable weekly FA at top
15:06 Jitender : (12:46) Uttam : NF needs to get above 11718 & BNF above 30198 now & sustain else can probe lower
15:07 Govind : Oops…monsoon forecast by IMD coming up
15:07 Jitender : imd pc on
15:10 Govind : That IMD chart is info overload
15:14 Subhodeep : imd update elnini kamzor rahega
15:14 Subhodeep : elnino
15:14 Jitender : near normal rain
15:15 Subhodeep : yes 96 percent expectation
15:15 Shubro : nini nino nano – what about NF? upra ya niche
15:15 Subhodeep : nf holding dpoc
15:17 Govind : I guess people take IMDs forecast with a big pinch of salt
15:18 Himanshu : rain
15:18 Himanshu : Forecast is good
15:18 Himanshu : 96 % of long time average
15:19 Shubro : only a forecast lets see; we live in a different climate era
15:19 Himanshu : Uttam – Jit BNf closing +ve
15:19 Himanshu : spike up tom morning possible
15:20 Jitender : ys
15:24 Subhodeep : conflicting banks icici day low s kotak day highs hdfc bnk near day high s
15:25 HPandey : value completly higher tha yesterday shai?
15:25 HPandey : than*
15:25 HPandey : ny importance?
15:25 Subhodeep : thanks for a wonder ful day and wishing all in the room a very happy bengali new year subho noboborsho as they say
15:25 Uttam : we are in a composite HPandey & today filling upper part
15:26 Subhodeep : aceeptance of price above teh previous val imo(15:25) HPandey : ny importance?
15:26 Uttam : 11721 is the prominent POC in NF now for this series to watch
15:27 HPandey : yeah uttam
15:27 Uttam : nice Gaussian profile in NF
15:28 Uttam : if breaks on the upside can give goov move higher
15:28 Subhodeep : so works out to a normal day uttam nf?
15:28 Uttam : else rotate back to 11680/660 if stays below 11721 tom
15:28 Shai : close at supply
15:28 Shai : in both NF and BNF
15:28 Uttam : Normal Varialtaion
15:28 Uttam : 1.5 IB was tagged in NF
15:28 Uttam : PLR seems up though
15:28 Shai : But OTF stayed out and watched topday
15:28 Rajiv : so a gup up will take care of this
15:28 Jitender : bye all
15:28 Uttam : yes Shai
15:29 MJ : Bye everyone. Have a lovely day ahead. Happy new year to the respective people 🙂
15:29 Shai : only locals trading today
15:29 Shai : OTF can move this if they come tom
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Govind : Bye
15:29 Uttam : +1 Shai
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Mani : bye all
15:29 Subhodeep : byebye
15:29 Uttam : lets see if we get vols at open tom
15:29 HPandey : bye n thanks all
15:30 Himanshu : bye all
11:04 Boppanna : Shai INFY levels for intra pls
11:22 Shai : infy supply at 730 looks firm intra
11:22 Shai : 715 supp
11:22 Shai : oaor still
11:22 Boppanna : thx Shai
11:25 MJ : @shai that scan serves well to find trades. Thanks. Plan to revive buzzing stocks channel
11:25 MJ : ?
11:35 Uttam : Shai TCS looking good for upside? 2020 SL for longs now?
11:36 Subhodeep : brkrgs quoting 2400 as trgts lets get 2200 done this series uttam
11:37 Uttam : yes Subho but needs to get part that 2090 first
11:37 Subhodeep : it will uttam i twill
11:38 Uttam : 🙂 Amen
11:38 Subhodeep : anywasy i fyoua re keeping 2020 as sl that means you have a proportionate rewrd as well
11:38 Govind : Uttam, RIL results are out on Friday. IV percentile is around 60 and IV is slightly higher than HV (much better scenario than INFY/TCS). Option premiums are less than 2%.
11:39 Uttam : yes Subho TCS is good as long as it stays above 2055 but let Shai confirm on the levesl
11:39 Uttam : oh ok Govind so you are suggesting to go long in a RIL strangle for results?
11:39 Govind : Yes sir
11:40 Govind : Check out 1360CE/1340PE long strangle….delta is almost neutral and at 48
11:40 Uttam : oh ok will chcek out the straddle chart on it
11:40 Uttam : thanks Govind
11:42 Govind : +1
11:43 Govind : We did the right thing by not entering the TC/INFY strangles. INFY barely broke even (780/750) TCS would’ve given you a loss (2100/2000).
11:44 Uttam : +1
11:44 Uttam : you need a huge move for those strangles to work in Infy/TCS
11:45 Govind : Yes, especially considering their high IV last week.
11:45 Govind : Break even was around 5 to 6%
11:46 Shai : No was just a reesponse to a query- (11:25) MJ : @shai that scan serves well to find trades. Thanks. Plan to revive buzzing stocks channel
11:47 Shai : tcs close abv 2040 would be bullish for more
11:48 Govind : Thanks Shai!
11:49 Uttam : thanks Shai
11:50 Uttam : 2040 or 2080 Shai?
12:06 Govind : I love the Heatseeker calls…works out great. +1 SHAI
12:07 Govind : BOT call of the day – Tata Motors!
12:11 Shai : +1
12:16 Rajiv : Shai, any change in ITC’s view
12:18 Shai : watch 301
12:21 Subhodeep : apollo tyres shai id and swing views please
12:25 Shai : id tgt 220
12:25 Shai : swing was for 223 on that 217 cross
12:26 Shai : review if 223 is takem out in 2 sessions
12:32 Subhodeep : noted shai
12:52 Rahul Desai : Shi your views on GBPINR please
12:52 MJ : Shai longs booking out in tisco?
12:52 MJ : swing wide what should be looked as supp for tatasteel?
13:06 Uttam : Shai HDFCBank fresh move above 2290 for 2301 & 2320?
13:08 Shai : GBPINR don;t track- (12:52) Rahul Desai: Shi your views on GBPINR please
13:27 Govind : TCS making a move
13:32 Govind : Yeah baby!
13:33 Govind : Uttasm, 2090…hope it stays above man
13:33 Govind : Uttam, buying above the morning tail for the first time today in TCS
13:34 Govind : Volumes not bad…
13:50 Uttam : nice Govind 🙂 Shai intra targets for TCS?
13:50 Govind : 2100 calling TCS
13:50 Govind : +1 Uttam!
13:51 Uttam : 2180 can come this week?
13:52 Govind : May be, short week though…would ove to hear what Shai thinks.
13:52 Uttam : close will be important today
13:53 Govind : True that…I think Shai meant 2080 before when you asked him the question
14:26 Govind : Shai, id target for TCS please? Or, can we carry overnight? Entered around 2080
14:31 Subhodeep : fiutures wise tcs looks good to do 2119 2121 now
14:31 Subhodeep : and i hope that 2200 comes sooner rather than later
14:32 Uttam : played 2100ce from 33 to 42
14:32 Uttam : will look to re-enter on a dip if comes
14:32 Govind : +1 Uttam
14:32 Uttam : just 1 lot so booked in full esle would have trailed 50% as cost
14:36 Govind : Yeah Uttam, but we made money anyway 😉
14:37 Uttam : yes that is what matters 🙂
14:37 Govind : The last 3 30 min TCS bars are nice single TF bars
14:37 Govind : There is more to this perhaps
14:39 Uttam : yes Govind this could be a fresh IPM in TCS so a long way to go but in options better to keep booking out especially now that only 6 days to expiry
14:39 Subhodeep : govind 2119 done tcs fut
14:39 Uttam : there was no change in TCS CEs this mornign inspite of the gap up
14:41 Govind : True Uttam. I am out anyway
14:43 Govind : Moving on to RIL and HDFCBank
14:46 Uttam : Maruti tags the 2 ATR move from daily FA of 7044 and weekly FA 1atr comes to 7463
14:47 Subhodeep : govind you trade stock futures?
14:47 Govind : Only for scalping
14:47 Subhodeep : or stock options?
14:47 Subhodeep : ok
14:47 Govind : Options when I deploy strangles
14:47 Govind : or otherwise
14:47 Subhodeep : ril not a good idea imo fo today
14:47 Govind : only a handful of stocks
14:48 Uttam : I traded in Maruti strangles last week for this upmove
14:48 Govind : Yes Subho, I have a strangle on
14:48 Uttam : first time in stock options
14:48 Subhodeep : and i am wrong most of the times 🙂
14:48 Govind : trying to keep that delta neutral by scalping with futures
14:48 Govind : first time I am doing this…so learning as I trade…
14:48 Uttam : 7200ce+7000pe at 235-245 levels bought & sold in zone of 275-285
14:49 Govind : keeping my lot size within Shai’s risk management guidance, so manageable
14:49 Subhodeep : do prvode us ur insights as you go about it
14:49 Govind : Super Uttam
14:49 Subhodeep : +1
14:49 Govind : Please scroll up Subho
14:49 Govind : I’ve given my thoughts on RIL and HDFCBank
14:50 Govind : both have results this Friday/Saturday
14:50 Subhodeep : got dc hence earlier chats not visible
14:50 Uttam : was not able to check the strangles on them Govind, will do it today post market
14:50 Govind : Uttam, RIL results are out on Friday. IV percentile is around 60 and IV is slightly higher than HV (much better scenario than INFY/TCS). Option premiums are less than 2%.
14:50 Govind : Check out 1360CE/1340PE long strangle….delta is almost neutral and at 48
14:50 Uttam : results will be post market right on Friday?
14:51 Govind : Yes
14:51 Govind : and HDFCBank will be on Saturday
14:51 Govind : So, look to exit on Monday
14:51 Uttam : then carrying pos over weeknd may not be a good idea Govind as Friday hoiday
14:51 Uttam : or look to enter next months options
14:51 Govind : and try to scalp id to offset any strangle delta losses
14:52 Uttam : squeexe coming
14:52 Govind : Next month options may not be that liquid Uttam
14:52 Govind : but sure, you can do it
14:52 Govind : squeeze?
14:52 Govind : BNF?
14:53 Govind : What is a squeeze Uttam?
14:53 Uttam : players who get stuck are forced to exit
14:55 Govind : So, here it will be a long squeeze?
15:00 Govind : Short squeeze I guess
15:04 Uttam : yep