Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of OrderFlow trading.
NF
BNF
Room Chat
08:59 Vtrender Live : (08:58) Vtrender Live: options screen- https://join.me/522-071-587
(08:59) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/332594261
09:16 RK : (09:16) RK : Long NF 10810 for 10840 SL 10780
09:23 Shai : (09:23) Shai : Positional buy – Buy NF 10812 sl of 10717 tgt 10999.
09:27 RK : (09:27) RK : part book 10833 and move to cost (09:16) RK : Long NF 10810 for 10840 SL 10780
09:29 RK : (09:29) RK : Booked full at 10840 (09:27) RK : part book 10833 and move to cost (09:16) RK : Long NF 10810 for 10840 SL 10780
11:12 RK : (11:12) RK : Short NF 50%25 below 10870 for 10840 SL 10900
11:16 RK : (11:16) RK : avoid this (11:12) RK : Short NF 50%25 below 10870 for 10840 SL 10900
11:35 RK : (11:34) RK : Long BNF 27525 SL 27460 for 27600
11:39 Shai : (11:39) Shai : Update – We will take 50%25 off the NF longs at 10898 here and trail the rest at 10805 for a risk free trade
11:48 RK : (11:47) RK : not yet triggered..if you are in then make exit here around 27510 (11:34) RK : Long BNF 27525 SL 27460 for 27600
11:52 RK : (11:52) RK : Short NF 10890 for 10870 SL 10910
12:08 RK : (12:08) RK : make exit 10885 (11:52) RK : Short NF 10890 for 10870 SL 10910
13:22 RK : (13:22) RK : Short NF 10890 for 10850 SL 10920
13:53 RK : (13:53) RK : Move SL to 10910 and keep part book at 10870 and rest at 10850 (13:22) RK : Short NF 10890 for 10850 SL 10920
14:23 RK : (14:23) RK : move SL to 10900 (13:53) RK : Move SL to 10910 and keep part book at 10870 and rest at 10850 (13:22) RK : Short NF 10890 for 10850 SL 10920
14:27 RK : (14:27) RK : stopped (14:23) RK : move SL to 10900 (13:53) RK : Move SL to 10910 and keep part book at 10870 and rest at 10850 (13:22) RK : Short NF 10890 for 10850 SL 10920
14:29 RK : (14:29) RK : Long NF 10908 for 10935 SL 10885
15:08 RK : (15:08) RK : Book full 10931 (14:29) RK : Long NF 10908 for 10935 SL 10885
08:58 Vtrender Live : options screen- https://join.me/522-071-587
08:59 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/332594261
09:02 Vijayakumar : good morning all
09:03 Shai : GM all
09:03 Shai : https://vtrender.in/market-profile-analysis-dated-14th-jan/
09:05 Uttam : Good Morning All 🙂
09:09 Jitender : Gm Folks 🙂
09:10 Vijayakumar : will it be a open drive today?
09:11 Uttam : if you get 15-20L vols in NF in the opening 20 mins then
09:11 RK : GM Shai and all
09:12 TP : GM All.
09:13 Sanjay : GM
09:13 Manjunath : GM all….
09:13 Manjunath : Wishing you all a Happy Makara Sankranthi / Ponga / Lohri / Bihu to all… 🙂
09:13 Manjunath : /\
09:16 RK : Long NF 10810 for 10840 SL 10780
09:20 Shai : 10805 good supp for the open
09:21 Uttam : yes staying above it means PLR to the upside
09:22 Uttam : needs to get abv 10820 here
09:23 Shai : Positional buy – Buy NF 10812 sl of 10717 tgt 10999.
09:24 Shai : hold period is till Friday- Monday next
09:27 RK : part book 10833 and move to cost (09:16) RK : Long NF 10810 for 10840 SL 10780
09:27 Shai : +1
09:28 Dhaval : +1
09:28 Gaurav : +1
09:28 Vinay : Gm all..Happy Pongal…RK great start to thai maasam..congrats
09:29 RK : cheers Vinay..Happy pongal
09:29 RK : Booked full at 10840 (09:27) RK : part book 10833 and move to cost (09:16) RK : Long NF 10810 for 10840 SL 10780
09:29 Jitender : +1
09:30 Uttam : 1L SELLER
09:30 RK : sustaining 10845 can do 10880
09:30 Uttam : 10866 in NF
09:30 Shai : that 1L is sl orders
09:31 Shai : can ignore for now
09:31 Uttam : thanks Shai
09:31 Uttam : there are 2
09:31 RK : when you get your obj real quick means there is lot more pending :)..my observation
09:31 Shai : 2nd one is good
09:31 Navaneeth : @Shai. How to know it SL order?
09:31 Shai : auction complete of the open
09:32 Shai : liquidity was 0 below – (09:31) Navaneeth : @Shai. How to know it SL order?
09:32 Uttam : c) NF has good resistance at 10818-820 & if gets above that & sustains can probe higher to 10840-845 & 10866
09:32 Shai : market orders swept over a 7 point range
09:32 Uttam : b) Above 27355, the auction can probe higher to 27415 & 27490
09:33 Shai : second one higher of profit taken
09:33 Uttam : oh ok Shai
09:33 Shai : on this buyer- (09:20) Shai : 10805 good supp for the open
09:33 Shai : 26k new buyers
09:34 Shai : 41 is righ below
09:34 Uttam : 10866 here
09:34 Boppanna : +1 09:31 RK : when you get your obj real quick means there is lot more pending :)..my observation
09:34 Shai : again sl taken
09:35 Shai : bring me 10910
09:35 RK : 10720 to 10880 auction //11:01 RK : 720/650/550 probe as long as we stay below 790..if 720-740 fails to open up then could head back to 10880 too in a day or two..//
09:35 Uttam : someone was asking for a drive open
09:38 Shai : 10835 zone os the support
09:43 Boppanna : Shai BNF supp 420?
09:46 Manjunath : Nice to know such observation. Good start on Pongal sir..
09:47 RK : Manju no sir pls
09:47 RK : BNf heading to 27540
09:47 Manjunath : Sure RK!. Sometimes it comes automatically…
09:49 Manjunath : Nifty finally breaks from the triangle upside?
09:52 Vijayakumar : i asked uttam
09:52 Vijayakumar : onopen drive
09:52 Boppanna : IMO that triangle lost its significance once everyone had their eyes on it
09:54 Vijayakumar : yesterday uttam told that 800pe the pink band
09:54 Vijayakumar : super RK on today’s call and Uttam on 10800 pe
09:54 Uttam : nice Vijay 🙂
09:55 Uttam : we were discussing yesterday also that continuos b profiles are not bearish as that means no new sellers
09:55 Manjunath : True…everyone’s chart was showing triangle only…
09:55 Uttam : so the PLR has turned up as opened abv that prominent POC in both
09:57 Manjunath : yes..you were telling about 3 consecutive b profiles
09:59 Vijayakumar : thans to the cheif Shai as well… for having such wonderful room’
10:02 Sanjay : Nice Call in the morning +5
10:03 Uttam : today morning green band in 10900ce and from 85 made high of 110+
10:03 Uttam : 10800pe again had pink band at open today
10:04 Sanjay : Ok Good
10:04 Sanjay : Thanks
10:06 Boppanna : Hmm would be nice if you had added in IB in the end ..seems to be losing steam 09:47 RK : BNf heading to 27540
10:07 RK : yes Bop..27445 they need to hold else chop
10:07 RK : could be P if 27445/10850 goes
10:09 Uttam : so 2 day DD we will get then 😉
10:09 Uttam : b plus p
10:13 Manjunath : bp
10:15 Ravi : Uttam is that 36k i n NF stuck sellers
10:15 Uttam : yes could be Ravi
10:15 Ravi : Tq Uttam
10:16 Uttam : poc of that bar also at lows and red not getting any follow down
10:19 Manjunath : Uttam – Horizontal line is POC in that bar?
10:20 Manjunath : today’s IB is bigger than yesterday’s
10:23 Uttam : reds in NF
10:25 Uttam : BNF has a smaller IB
10:25 Uttam : so looks like that is where action will happen
10:26 Sanjay : looking for buyers here 🙁
10:27 Dr Prajwal : c period again playing a role?? plus vwap break
10:27 Navaneeth : @Sanjay ji. If you’re new trade RK / Shai calls. Don’t just look for Buyers / Sellers. Until u get a hold
10:29 Sanjay : It takes time to learn a new system. Meanwhile I am following my system + order flow.
10:30 Ravi : +1(10:29) Sanjay : It takes time to learn a new system. Meanwhile I am following my system + order flow.
10:31 Navaneeth : Yes. it takes time. What I meant is don’t just look for Greens n Reds . If u have your system & this OF is additional tool that’s great..(10:29) Sanjay : It takes time to learn a new system. Meanwhile I am following my system + order flow.
10:32 Sanjay : Yes got it. Agree +10
10:32 Sanjay : We got a bounce here…as i expected but didnt trade since no new big buyers. Thats ok.
10:34 Himanshu : rk shai.. a P now?
10:35 RK : probably yes
10:37 Shai : nice bounce off the first touch of vwap
10:37 Shai : always a great trade when you see a drivish open
10:38 Shai : for first touch
10:39 Shai : large IB balancing expected
10:39 Shai : vwap and IBH defining points till noon now
10:47 Manjunath : Good volumes today compared to yesterday?
10:57 Uttam : NF has good vols but BNF still below avg
10:58 Sanjay : Sir this green band in Nifty are buyers?
10:58 Sanjay : 7875 675
11:03 Uttam : green band came because of buyer imbalance and can ignore it as number diagonally below 675is 0
11:03 Sanjay : Oh ok. Thanks a lot.
11:07 Uttam : 1l red again in nf
11:08 Uttam : boom
11:08 Vijayakumar : that is also SL?
11:08 Uttam : 34k guy back in BNF
11:09 Uttam : 1.5l green at top
11:09 Uttam : in nf
11:09 Himanshu : r they looking for breakout today only?
11:11 MJ : Bossman 🙂
11:11 MJ : Amazing positional call there.
11:11 MJ : Thanks.
11:12 RK : Short NF 50% below 10870 for 10840 SL 10900
11:13 Vijayakumar : is this SL trigger?
11:14 Uttam : NF tags weekly VAH, last week was a bell profile so does 80% on weekly value 10818-10890
11:15 MJ : 34k booking order @Uttam?
11:15 MJ : yest we had buyers below 350.
11:16 RK : avoid this (11:12) RK : Short NF 50% below 10870 for 10840 SL 10900
11:21 Uttam : BNF getting into action mode?
11:22 MJ : sssshhhh
11:22 MJ : Uttam 🙂 any higher numbers to watch in BNF?
11:25 Uttam : 27532-568 immd zone to clear
11:25 Uttam : above that 27620 / 27665-679 and 27705 could get probed
11:26 MJ : Shukria.
11:26 Uttam : 27440 imp res in spot
11:26 Uttam : if stays above then 550 can come
11:27 MJ : Shai If you can check series poc and vwap? baby would have become a teen right?
11:28 Shai : 10800 spot POC
11:28 Shai : 10840 F
11:28 MJ : Thanks.
11:28 MJ : POC crossing RO should happen now this week.
11:29 Uttam : 10914 weekly hvn tag coming in NF?
11:29 Himanshu : shai if we can get series poc in charts ..if possible?
11:29 MJ : Yes uttam.
11:29 MJ : yesss
11:29 MJ : 777 the man.
11:29 MJ : 758 720 all the ones who want it to go higher.
11:30 MJ : hell should break loose when ces make dhi in bnf.
11:30 Shai : @himanshu it does not move very often and if price is far away from it we may not be able to see it
11:30 Shai : ext looking good
11:30 MJ : Aye aye aye aye!
11:30 Shai : should have asked for more at 9.30 – (09:35) Shai : bring me 10910
11:31 MJ : positional target hitting before 3.29?
11:31 MJ : 😛
11:31 Shai : lol
11:31 Shai : and here I was digging in like a Chepu innings would
11:31 Shai : you want to play 20- 20
11:31 MJ : ChePu hit sixes this time in Aus.
11:32 MJ : Never underestimate the power of time.
11:32 Amit : trend day?
11:32 RK : Shai leave 20-20 to us and get more ChePu from your end 🙂
11:32 MJ : +1 RK.
11:32 Shai : +1
11:32 Shai : done
11:32 MJ : sone wali baat.
11:32 Boppanna : RK held that 445 nicely as well relatively getting the job done nicely ..10:06 Boppanna : Hmm would be nice if you had added in IB in the end ..seems to be losing steam 09:47 RK : BNf heading to 27540
11:32 MJ : RK are you a united fan?
11:32 RK : yes Bop
11:33 Manjunath : ChePu?
11:33 Shai : 27672 is there in BNF also
11:33 MJ : Loved market and football coorelation.
11:33 RK : they saved this in both and made sure no P (10:07) RK : could be P if 27445/10850 goes
11:33 Manjunath : Is it a player’s name?
11:33 Boppanna : Pujara Manjunath
11:33 RK : no MJ..not a Soccer watcher
11:33 Manjunath : oh…ic
11:33 MJ : Okay. But the example was masterclass.
11:34 MJ : So was De Gea.
11:34 RK : yes
11:34 MJ : Big United Fan here.
11:34 RK : Long BNF 27525 SL 27460 for 27600
11:36 Himanshu : ok shai (11:30) Shai : @himanshu it does not move very often and if price is far away from it we may not be able to see it
11:37 MJ : Shai USD and BNF both dancing in tandem is an anomaly right?
11:37 Shai : not dependable for intra
11:37 MJ : Okay thanks.
11:38 MJ : 899.9 damm
11:39 MJ : number artists.
11:39 Shai : Update – We will take 50% off the NF longs at 10898 here and trail the rest at 10805 for a risk free trade
11:39 Jitender : +1
11:39 Uttam : super Shai +1
11:40 Boppanna : +1 Shai
11:40 Manjunath : Inside week to outside week now in NF?
11:40 MJ : Manjunath someone tweeted that too 🙂
11:40 Manjunath : If it crosses 10910
11:40 Manjunath : ok
11:43 Shai : lot of volume at highs in NF
11:43 Shai : should go higher
11:43 Shai : auction has accpetance
11:47 Manjunath : NF not giving pullback also…This is what Shai said of TD…
11:47 RK : not yet triggered..if you are in then make exit here around 27510 (11:34) RK : Long BNF 27525 SL 27460 for 27600
11:49 Uttam : (11:25) Uttam : 27532-568 immd zone to clear…BNF high so far to the dot
11:50 MJ : Yes Uttam. Also all the ces were not making highs showed the move is going to stall soon.
11:52 RK : Short NF 10890 for 10870 SL 10910
11:53 TP : Master class by Shaun Marsh .
11:56 Uttam : 10-0-66-0 Kuldeep doing a Bhuvi today?
12:08 RK : make exit 10885 (11:52) RK : Short NF 10890 for 10870 SL 10910
12:14 Ravi : @Uttam can we consider FA in BNF
12:15 Uttam : stayed above IBH for more than 30mins
12:16 Ravi : Ok Uttam
12:16 Subhodeep : @shai can we have 6 bars to lok at fo rthe order flow chart by zooming out a little bit fom present view??
12:16 RK : BNF ticking here..might drop quick
12:16 RK : Bulls need to do smthing
12:16 MJ : Bulls timing it for Euro open?
12:16 Ravi : NF RK can we renter the shorts?
12:16 MJ : Or assault in the making?
12:16 Uttam : yes both have not been able to tag the 1.5 ext also
12:17 RK : Ravi lets avoid it
12:17 Ravi : Ok RK
12:17 RK : BNF not in sync and poor IB extn higher
12:17 RK : so need another extn to go with bulls today
12:18 RK : and NF also did lot of buzz above 890 but not managed to clear bracket high 904
12:18 RK : in next 10 mins will be resolved both imo
12:22 MJ : RK context of that short was braket + filter for sl?
12:22 MJ : Very juicy place to go short though 🙂
12:25 RK : MJ with such a noisy OF expected a clean extn which failed..so tried for retest of extn down at 10870
12:26 MJ : Ok.
12:26 RK : had a same feel (11:43) Shai : lot of volume at highs in NF
12:27 Himanshu : many are sitting with day high sl (12:22) MJ : Very juicy place to go short though 🙂
12:28 RK : there are times day high SL work Himanshu..not all the time it gets hunted
12:29 RK : only on rotational days you need to be careful with such stops
12:29 Shai : vwap an come NF
12:29 RK : BNF gone in less than 10 mins
12:29 Himanshu : thanks rk (12:29) RK : only on rotational days you need to be careful with such stops
12:30 Boppanna : Uttam drew his line looks like 11:49 Uttam : (11:25) Uttam : 27532-568 immd zone to clear…BNF high so far to the dot
12:30 TP : Bots follow you dilligently ….(12:29) RK : BNF gone in less than 10 mins
12:31 Uttam : +1 Tej
12:32 RK : tape was screaming for a drop..that ticking was heartbeat of trapped longs in that extn above 27500..luckily we got escaped
12:33 Boppanna : +1 RK good exit there
12:34 RK : this low again good sup..lets see whats in store
12:34 RK : BNF
12:34 Uttam : pullback done early today?
12:35 RK : almost same range in NF and BNF today
12:35 Jitender : usdinr DH
12:39 MJ : Jit you short?
12:40 Jitender : booked at 460
12:40 MJ : Ok
12:41 MJ : 495 to watch.
12:52 Sanjay : Looking for buyers. Last chance for bulls 🙁
12:55 Uttam : bulls very much in the game Sanjay, we have not even tagged vwap
12:56 MJ : deadly game if vwap==ibh happens.
12:56 Sanjay : understood but to make some money we have to buy at a point with small SL with big buyers…Pls correct me if wrong…
12:56 Sanjay : so i wait for big buyers :S
13:08 RK : BNF got different plans (12:55) Uttam : bulls very much in the game Sanjay, we have not even tagged vwap
13:09 RK : day low and day high in equal distance now 🙂
13:11 MJ : Toofan chaiye.
13:11 MJ : Or at least enough wind to fly the kites.
13:12 Sanjay : big imbalance was visible pink rectangle where it vanished suddenly :S
13:12 Uttam : 4650 versus 225
13:12 Uttam : numbers too small
13:13 Jitender : spx waning a bit
13:13 Jitender : brexit viote also today
13:14 Uttam : Nf resisting at wVAH of 10890 for now
13:17 Uttam : Bnf needs to get abv 27490
13:18 Uttam : both in sync numbers wise
13:18 Uttam : low at 792 / 392
13:18 Uttam : high at 902 / 532
13:18 Uttam : now res at 10890 / 490
13:19 Jitender : same dii program 🙂
13:19 Sanjay : Every time I wrote waiting for buyers/sellers, there was a swift reversal…for past few days… You may check the chat logs.. 🙂 (12:52) Sanjay : Looking for buyers. Last chance for bulls 🙁
13:20 Sanjay : But no buyers to help me :S
13:20 Sanjay : Just kidding
13:20 Sanjay : Pls ignore
13:21 MJ : Means you are reading the tape quite nicely 🙂
13:21 Sanjay : I am learning by watching videos Sir
13:22 RK : Short NF 10890 for 10850 SL 10920
13:23 MJ : Last 60 min high 495 (12:41) MJ : 495 to watch.
13:24 Subhodeep : hi jit hope all goo d at yoru end .
13:31 Jitender : ys Shubho..tx fr askn
13:36 MJ : hunt move in the making?
13:41 Uttam : boom boom
13:42 MJ : Thoda aur baaki hai Uttam 🙂
13:42 Uttam : (12:55) Uttam : bulls very much in the game Sanjay, we have not even tagged vwap
13:42 Uttam : 10866 imp level to hold in Nf now
13:42 Sanjay : are we not short here and we are rejoicing for bulls
13:42 Sanjay : :O
13:43 Uttam : we have trades on for different timeframes & different set ups Sanjay
13:43 Sanjay : I guess it was me who said waiting for buyers. :S
13:43 MJ : Sanjay we are rejoicing for Positional call.
13:43 Sanjay : Thats ok. got it. Thanks
13:43 Uttam : you have to trade as per your timeframe
13:43 Sanjay : I trade intra Sir.
13:44 Uttam : no sir here 😉
13:44 MJ : Uttam I love spot lows today. 🙂
13:44 Sanjay : I am learning from the videos here. hence Sir 🙂
13:44 Uttam : I am also learning here Sanjay 🙂
13:45 Sanjay : 🙂
13:45 MJ : As if NS NF has some fixation for 777.
13:45 Uttam : Mihir you chupkafyed your number on spot as Nf gave it a bypass by gapping hihgeer 😉
13:46 MJ : It is funny how many times it has been respected. 🙂
13:46 Uttam : OL start both spot have
13:46 MJ : Now toh even I am surprised.
13:46 MJ : Yes. Both had o=l spot.
13:46 Uttam : now break of 10890 can give 10874/866
13:46 MJ : Poor highs can be lack of higher demand at highs?
13:46 MJ : or plans to claim it in style?
13:47 Uttam : if 10866 goes then NF can fall swiftly
13:48 MJ : NE in the making.
13:48 Uttam : weekly highs of 10904 still resisting
13:48 MJ : vwap==ibh has to happen though.
13:48 Uttam : profile wise needs filling for a p and lot of time left still
13:51 Ravi : Uttam does poor highs in NF going to be repaired?
13:53 RK : Move SL to 10910 and keep part book at 10870 and rest at 10850 (13:22) RK : Short NF 10890 for 10850 SL 10920
13:56 Uttam : in a p profile poor highs are common
13:56 Ravi : Ok Uttam
13:58 Jitender : 27480 has all the top’s ?
13:58 Jitender : wide poc
13:59 MJ : Yes.
13:59 MJ : PDH there too in that zone.
14:00 MJ : Jit move it move it please.
14:00 MJ : 495 beautyyyy.
14:00 MJ : Out.
14:00 MJ : half.
14:01 TP : Jet li goes to USA for treatment will return after Jan expiry , can we repair the poor highs now 🙂
14:01 MJ : lol
14:02 Uttam : oh god is tht true Tej? one more Namo minister in serious health problem
14:03 TP : Yes Uttam lot of tweets abt the same.
14:05 Uttam : oh ok, then Piyush Goyal will be back as FM? 🙂
14:06 TP : cld be Uttam.
14:07 Jitender : namo cutting risk 🙂
14:11 MJ : All out 444.
14:14 MJ : Bnf has been the spoiler else 916 and beyond was a cakewalk
14:14 Boppanna : Nice MJ..that 27K red in BNF looks in trouble?
14:15 MJ : You spotted my reason.
14:15 MJ : 🙂
14:15 MJ : to exit.
14:23 RK : move SL to 10900 (13:53) RK : Move SL to 10910 and keep part book at 10870 and rest at 10850 (13:22) RK : Short NF 10890 for 10850 SL 10920
14:25 MJ : 1430 time.
14:25 RK : above 900 its gonna spike hard
14:26 MJ : Yes RK.
14:26 MJ : This zone still son of a gun.
14:27 RK : stopped (14:23) RK : move SL to 10900 (13:53) RK : Move SL to 10910 and keep part book at 10870 and rest at 10850 (13:22) RK : Short NF 10890 for 10850 SL 10920
14:27 TP : Bot repairs the PH in NF , tks J
14:27 Jitender : +1
14:27 Vijayakumar : what is the meaning of +1?
14:28 Vijayakumar : jit
14:28 MJ : TP bnf do something to her no.
14:28 Jitender : thumbs up/cheers
14:28 TP : MJ bn belongs to Chief.
14:29 MJ : Yes. wrong number.
14:29 MJ : Seems he read 😛
14:29 MJ : She’s excited.
14:29 RK : Long NF 10908 for 10935 SL 10885
14:30 MJ : Just hold now (12:56) MJ : deadly game if vwap==ibh happens.(13:48) MJ : NE in the making.(13:48) MJ : vwap==ibh has to happen though.
14:32 MJ : 50k fresh short.
14:32 MJ : ?
14:43 Subhodeep : @rk seems an sl hunt day 🙂
14:45 Vijayakumar : overall the day is good
14:46 Vijayakumar : and minor loss can be ignored 🙂
14:46 Vijayakumar : i am so happy with the calls today
14:46 MJ : Subhodeep. It was brewing (13:36) MJ : hunt move in the making?
14:47 RK : Subhodeep will explain the context later..lets wait for L to complete
14:47 Subhodeep : am not complaining ; just an observation
14:47 RK : got it
14:56 MJ : I think today OF was very confusing.
14:56 MJ : Outside syllabus question.
14:59 Boppanna : spike possible
15:00 Subhodeep : banking on it
15:00 Subhodeep : 🙂
15:00 MJ : Yes Bopp.
15:00 MJ : 🙂
15:00 MJ : 944.
15:00 MJ : get it boys.
15:01 Boppanna : Uttam just has to move his ref line in BNF
15:01 MJ : Number artists back.
15:01 MJ : Gonnnneeee.
15:01 MJ : woohooooooo
15:02 Shai : breaking out
15:02 Shai : 10999 needed
15:02 MJ : You heard it first from? 😛
15:02 Himanshu : u want it today only shai?
15:02 Himanshu : 🙂
15:02 MJ : I want it today Himanshu.
15:02 Manjunath : BNF still not in mood
15:02 Shai : ready to wait
15:02 MJ : Shai can wait for one more session.
15:03 Himanshu : i dont mind mihir
15:03 Shai : and you want 70 in 25 mins?
15:03 MJ : He will bat like a true test man batsman. See end of days play and come back in the morning and hit 70 in IB.
15:03 Shai : 🙂
15:03 MJ : Also take home the crowd’s appreciation.
15:04 Shai : 🙂
15:04 Shai : BNF is the odd guy today
15:04 MJ : Shai 70 in 25 is good for bnf. Please do something there.
15:04 Shai : profile in between 2 big poc’s
15:04 MJ : Take her out for a coffeee.
15:04 MJ : vwap>> IBH.
15:04 MJ : Boys we did it.
15:04 Shai : can’t figure her out today MJ
15:05 Shai : one of those periods maybe
15:05 Shai : TIC 🙂
15:05 Boppanna : 🙂 Comeon BNF 540 atleast
15:05 MJ : hahaha one of those periods for sure.
15:05 MJ : 😛
15:05 MJ : I feel like finishing all the answers before 3.30.
15:06 MJ : RK in your last sell call. Hats off to the risk management. 10 pt loss let us trade one more trade at the long side. It was very nicely done. Salam kabool please.
15:06 MJ : Loved how you kept altering SL.
15:08 Vijayakumar : yeah
15:08 RK : Book full 10931 (14:29) RK : Long NF 10908 for 10935 SL 10885
15:08 TP : +1
15:08 Boppanna : +1 RK
15:09 Uttam : super RK
15:09 Dhaval : +1 RK
15:09 RK : agressive can wait for 10945/955
15:09 RK : with 915 SL
15:09 KK : ‘
15:09 KK : ‘
15:09 RK : some qty if they want to trail
15:09 Uttam : BNF also looks like will spike higher
15:10 Boppanna : 20 more will do also
15:10 KK : ‘
15:10 KK : ‘
15:10 KK : ‘
15:10 KK : jo[
15:10 KK : ][i
15:10 KK : []pji
15:10 KK : ‘;
15:10 KK : ‘
15:10 KK : ‘;
15:10 KK : ;,[k’
15:10 KK : k
15:10 Manjunath : Congrats RK!
15:10 KK : ‘
15:10 KK : ‘
15:10 KK : ‘
15:10 KK : ‘;
15:10 KK : ‘;
15:10 KK : kl[‘
15:10 Subhodeep : nie one rk
15:10 Subhodeep : tks
15:10 TP : Looks like KK got big qty to trail 😉
15:10 Boppanna : oops I think someone is happy with RK call
15:10 MJ : Yes.
15:10 Himanshu : lol
15:10 Uttam : lol
15:11 MJ : BNF 19 mins. show us you love Shai.
15:11 Shai : +1RK
15:12 Himanshu : shai,, rk NF finally broken out?
15:12 KK : ”
15:12 KK : ‘
15:12 KK : ‘
15:12 MJ : Today we didn’t go below RO point if you noticed once we claimed it.
15:13 MJ : If 870 holds for this week. Majjama will happen.
15:13 MJ : TP anyways sent JetLi to chutti.
15:14 Manjunath : Majjama means?
15:14 Manjunath : go higher?
15:14 MJ : Feel good = Majama in gujju.
15:15 RK : ok here is the context why I tried to short and then switched to long at day high..If you see after IB all day we just did 25 points balance..and that too at bracket extreme..10904-10760 was bracket..such tight balance after trend day at extremes are always lead to quick liquidation to hit VWAP and below..and first confirmation that locals were in that tight balance is that we had G H weak low just at IBH then poor high till I period..so Idea was to look for J and K to do the liquidation..J did lower low and expected K to follow the J..so moved SL based on that but when K did clear poor high it was clear that OTF today allowing a spike and they will come for repair weak ref later..so went for spike into close with stops at K low as wanted L to do the spike so held tight in that 10895-10910 tight sweat zone..
15:15 RK : oops gone too long..
15:15 Manjunath : 🙂
15:16 RK : in short its always probabilty game and whenever you see a pattern setup then just go for it and just manage the trade with ongoing info..you lose 1 and get 1 and roll it and one day get bigger one..thats how grind works 🙂
15:16 Uttam : what a start to the week, last week we were stuck between the 2 weekly hvns of 10755 & 10914 and this week we hit 10755 yesterday but got rejected back above it and today at the other extrme
15:17 Uttam : 10914 new level in Nf to be held now
15:17 Manjunath : Excellent explanation RK!
15:17 MJ : RK that was a perfect short. But maybe for smaller scalp?
15:17 Himanshu : rk .. when is your book coming …omg awesome stuff
15:17 RK : MJ that happened in my account 🙂
15:17 MJ : I did 3 in same time. fade fade fade.
15:17 MJ : 🙂
15:17 RK : 895-900 to 885-880 twice I think
15:18 Uttam : 10913 ext handle in Nf and spike low
15:19 Manjunath : So, when you guys scalp for 5-10 points, do you scalp with futures or options?
15:19 MJ : BNF seems to be typing a reply to Shai’s asking out for a coffee.
15:19 Manjunath : futures will be expensive
15:19 RK : If it was trend day short was out of question today..but we had large tail and large IB so odds for trend day was lesser
15:19 Boppanna : Jit that Brexit vote would be done today night or tomorrow?
15:20 MJ : get a DHI bnf .
15:20 MJ : just get it done yaa.
15:20 RK : there is a thin line between fading a trend day and fading a upmove price auction..
15:20 Uttam : (15:09) Uttam : BNF also looks like will spike higher
15:20 RK : Bop finally got his 27540
15:20 MJ : Manjunath I go with ITM options.
15:20 MJ : and futures too.
15:20 Uttam : most late spike in BNF today
15:20 MJ : depends on the day and instrument.
15:20 Manjunath : ok – thanks MJ
15:21 Himanshu : whats that 10941 reference in MP chartf anybody?
15:21 RK : BNF not spike Uttam..still P
15:21 Uttam : yes RJ
15:21 Uttam : RK
15:21 Boppanna : like a complimentary gift after begging all day 🙂
15:21 RK : lol
15:21 MJ : Boppp. hahahaha!
15:21 Uttam : spike time was up long back
15:21 MJ : I got squandered big in bnf today.
15:21 RK : see we expected this in IB and entire day they held this in 50 point range
15:21 RK : BNF
15:22 MJ : ratio was more leaning in bnf today. But nf did the trick.
15:22 Uttam : narrow range in BNf
15:22 Manjunath : tomorrow gapup ?
15:22 MJ : 4 will be okay to leave (15:00) MJ : 944.(15:00) MJ : get it boys.
15:22 Uttam : tom again expiry move happening in BNF a day early anyone
15:23 Rajiv null : RK is the gap posing the resistance?
15:23 RK : which gap?
15:23 Boppanna : So Shai you planing for tomorrow gap up to 10999 and look for shorts end of day?
15:24 Rajiv null : 10938 to 10962 there is a gap
15:24 Manjunath : I meant in NF? Any chance for that
15:24 RK : 945-995 would be quick so better get that at open tmw
15:25 Shai : can’t say about gap Bopp
15:26 RK : open inside spike and hold spike and do IB extn would be a dream trade tmw
15:26 MJ : Shai brexit views any? Or better to go empty?
15:26 Shai : but yesterday’s faile djob by sellers and today’s initiative buying at open make this a dip buy mode
15:26 RK : for that 10995
15:26 Boppanna : ok thx Shai
15:26 Vinay : great start to thai RK..
15:26 RK : acceptance below spike is VWAP test
15:27 RK : roughly 10870 would give a repair done
15:27 RK : and if that holds then upmove could resume
15:27 MJ : OK RK just one touch to rk please. BTFD to reload.
15:27 MJ : 870*
15:28 RK : so 10870-10902-10945 zones tmw to flip and trade
15:29 Uttam : 10885 hvn
15:29 Uttam : 10913 ext handle and spike low
15:29 Shai : Bye all
15:29 MJ : See you tomorrow. Have a nice evening.
15:29 Shai : Have a nice evening
15:29 TP : Bye All.
15:29 Uttam : thanks All 🙂 have a lovely evening
09:57 TP : Shai ID objective for YESBANK longs.
10:14 Shai : 205.7 obj 1
10:14 Shai : 208.7 is 2
10:14 TP : super , tks chief.
10:26 Navaneeth : Shai Airtel Sell for Position
10:32 Shai : yeah the weaknes sin airtel was mentioned yesterday as well
10:32 Shai : 321 seen on this vol
10:33 Shai : sl is 332
10:33 Navaneeth : ok
10:33 Shai : could go to 310 and 295
10:34 Navaneeth : SL 332, System stop loss or wait for 1 Hr wtc..?
10:38 Shai : these are positionals so wait
10:38 Shai : definielt not tick based
10:38 Shai : definitely **
10:42 Navaneeth : ok. Thnx
11:45 Uttam : what a turnaround in Airtel, that bot alert signalled it first though
11:50 Navaneeth : Should I hold or Exit UTTAM?
11:51 Uttam : trade as per your plan and risk profile Navaneeth, I had entered PE and my SL got hit so am out
11:52 Uttam : 332 if sustains is the SL Shai has given
11:53 TP : Same here Uttam 3 alerts by bot and too much time above the sell price , I too quit .
11:53 Navaneeth : ok. will hold for 1-2 Hrs
11:54 Uttam : but that bot alert is too good Tej
11:54 Uttam : which is why plan to follow the stocks which are included in them
11:55 TP : bot alert plus selling options rather than buying is a very high probability winning trade even for ID .
11:57 Uttam : thanks Tej, yes does seem better and will keep in mind
11:57 TP : +1
12:17 Navaneeth : Just hovering around 332 :-O
12:21 Uttam : 328 was the swing level sup in Bharti and has not been able to sustain below it, on 30mins it closes below it then can look for a positional sell entry again
13:56 Navaneeth : Shai. ICICI Sell for Position
14:14 Shai : 366 visisble
14:14 Shai : cut the irtel position looks to be reversing
14:20 Navaneeth : Airtel, Out..
14:21 Navaneeth : OK> Not much room. Will skip. (14:14) Shai : 366 visisble
14:48 Subhodeep : @shai britania pos obj please
15:10 Shai : short term obj getting done britania at 3180
15:11 Shai : oullback is a buy with sl below 3111 for 3270