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
08:46 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/524938309
08:47 Vtrender Live : 5 min charts – https://join.me/841-116-565
08:48 Vtrender Live : 5 min BNF charts , password vtrender – https://zoom.us/j/8647754788?pwd=MXN6azg0OGFwQVhFMTlvY0c5U2ZJZz09
08:50 Shai : GM all
08:51 Shai : Monday was a neutral day in the NF in a DD pattern
08:52 Shai : 2 distributions are visisble – one above 11516 and other below 11450
08:52 Shai : ref line for the open is 11414 and NF would continue to be bullish abv it
08:52 Shai : 11533 is scene of crime from yesterday and is supply for today
08:52 Shai : mostly an inside day today
08:53 Shai : BNF chopped through 3 profiles on the way down yesterday
08:53 Shai : is the weaker of the 2 indices
08:54 Shai : 22340 and 22540 are extension handles to watch in BNF
08:54 Shai : supp may come again at 22200
08:58 Sadees : GM All
08:58 Naren : GM Shai
08:59 Naren : GM everyone
08:59 Manik : GM all
08:59 Sadees : Shai, quick questoin on one set of 0s in the OF yesterday at NF day’s high..
09:00 Sadees : did we see only one set due to very low volumes in the first half?
09:00 Himanshu : GM all
09:04 Aditya09 : gm all happy trading
09:04 Gopi : gm all
09:04 Rajesh G : gm all
09:04 Bhuvan : gm all
09:06 Vyom : gm all
09:07 Tejaswini : gm all
09:08 Krantik Bordoloi : gm all
09:12 Manikandan : GM all
09:13 Shai : yes- (09:00) Sadees : did we see only one set due to very low volumes in the first half?
09:14 Sadees : thanks Shai
09:15 Ankush Jain : IBH RIGHT AT YESTERDAY’S PBH
09:17 Ankush Jain : speedo struggling in 1st bar
09:19 Uttam : Good Morning All 🙂
09:20 Tejaswini : sorry nube question: whats speedo?
09:20 Uttam : https://vtrender.slack.com/archives/C0N9BFAF4/p1595828147007900
09:21 Tejpreet : GM All.
09:21 Ankush Jain : plenty of reds coming in NF
09:24 Shai : short NF 11476 sl of 11499 tgt 11440
09:25 Shai : +1 obs- (09:21) Ankush Jain: plenty of reds coming in NF
09:30 Ashwath : test
09:31 Sumeet : 00s
09:31 Shai : indeed
09:31 Sumeet : i christen thee aryabhatta
09:31 Shai : 🙂
09:32 Krantik Bordoloi : charts stuck?
09:32 Bhuvan : shai just see the high 11498
09:34 Ankush Jain : NF stopped
09:34 Shai : NF stopped Exit from the NF shoirt for now
09:35 Shai : 11533 may come
09:36 Uttam : 11505 to the dot so far – a) NF needs to sustain above 11460 for a rise to 11485-505 / 11526-552 & 11580-595
09:38 Naresh Dubbudu : BNF 22500 can come today.
09:43 Jitender : abv 340
09:46 Manik : NF ORR open?
09:46 Naresh Dubbudu : Heavy shorts from BNF yesterday under water.
09:48 Jitender : will be volatile
09:50 Uttam : 22388 high in BNF so far – a) BNF needs to sustain above 22209 for a rise to 22290-328 / 22392-433 / 22490-560 / 22650-736 & 22820-854
09:51 Uttam : 22433 imp ref in BNF
09:51 Tejaswini : @manik +1
09:51 Uttam : OAIR – (09:46) Manik : NF ORR open?
09:52 Uttam : only 8L vols in first 15 mina
09:52 Uttam : mins*
09:52 Manik : ok
09:53 Uttam : NF filling up that singles of 11484-11512 of yesterdays profile
09:54 Tejpreet : That 11500 combo can give 20 points till afternoon.
09:54 Ankit Shah : c will be interesting to watch with low vol.
09:55 Uttam : BNF could be termed as an ORR as tested below PDL & got rejected & right now having a tail at lows though vols not that good for a ORR
09:56 Uttam : 0s in 22320 in BNF
09:57 Uttam : will get weak if vwap breaks
09:57 Uttam : weaker*
09:57 Himanshu : UG – Previous week wkly report is posted in slack ?
09:57 Uttam : yes H
09:58 Uttam : you can find it on the website under forum also
09:58 Uttam : and link to weekly is given in every daily report
09:58 Himanshu : Pranam sir
09:58 Uttam : _/\_
09:58 Jitender : isnt 0s in between to be ignored due to low liquidity
09:58 Himanshu : Ohk
09:58 Jitender : in between a bar..as Shai has oft said
09:58 Himanshu : Yday those inbetween zeros screwsd
09:59 Himanshu : k
09:59 Uttam : in between 0s are continuation signs whereas end of bar 0s are end of auction signs
09:59 Himanshu : Do Gyani ke bech mein ..
09:59 Uttam : another round of 0s in BNF
09:59 Uttam : 22270
10:00 Uttam : no theory we use them for trades
10:00 Jitender : them*
10:00 Uttam : they act as support and resistance
10:00 Uttam : unless taken out
10:00 Jitender : grt
10:00 K2dt : continuation of auction right UG?
10:00 K2dt : middle 0s
10:00 Uttam : middle of bar 0s
10:01 Himanshu : I think jit – in low volume env – in between zeros gives upper hand to shorter
10:01 Himanshu : or may be shows lake of buying power ..
10:01 Uttam : yesterday also in the fall BNF gave middle of the bar 0s at 22600 / 22560 / 22490 whihc were not taken out for rest of day
10:01 K2dt : yes Jit…gives more confidence these middle 0s
10:01 Himanshu : yes
10:01 Jitender : +1
10:01 Tejpreet : I give more weightage to middle 0’s if around some pivot like vwap/ibl/ibh/dvah/dval, etc.
10:01 Himanshu : and they screwd me .. I read them also read
10:02 Himanshu : UG comment – i pervceived same threat on my PE shorts
10:02 Uttam : +1 Tej and if those 0s come at vewap all the more important
10:02 Himanshu : but – Psycology of hope got btter of reading
10:03 K2dt : 340 ext handle still acting as a stiff res in bnf
10:03 Uttam : down by almost 150 points – (09:56) Uttam : 0s in 22320 in BNF
10:04 Himanshu : I also figured that – for shorting options – end of the bar – with sharp probe at 3IB, 2IB – and then reversal or ratation is good as clear support – at which premium goes high due to vix of strike
10:04 Uttam : 22180 break could get more downside
10:04 Himanshu : and pause gives erosion .
10:04 Uttam : downside hypo right there
10:05 Himanshu : 22017 _ BNF spot right
10:05 Uttam : thats a vpoc
10:09 Himanshu : This Bar is – tea break bar
10:09 Himanshu : people off the desk..
10:10 Himanshu : Join me staff is working ,,
10:12 Uttam : BNF reds under the heat
10:12 Uttam : late reds below vwap
10:12 K2dt : choppy session in bnf today
10:12 Uttam : A period singles hilding in BNF and now back above vwap
10:13 Uttam : 28k red under vwap in BNF could be getting out here
10:15 Himanshu : UG – Kaydese – July POC – 22080 shall act as support ..is nt it?
10:17 Uttam : this zone has lot of vols in BNF H
10:17 Uttam : 21990 is also a vpoc
10:17 Uttam : so needs a break with volumes for a fresh leg lower
10:19 Uttam : 22310 high just below those 0s of 22320
10:19 Uttam : change of polarity will happen if that 22320 is taken out now
10:19 Uttam : on the upside with 0s
10:20 Krantik Bordoloi : 22200 is supp?
10:24 Himanshu : Thx UG for guiding – covered my positinal 22k/21.5K PE Oct at 360 – as breakdown at 2 pm came from that level
10:24 Uttam : _/\_
10:25 Himanshu : that 36500 was absorbed buy next bar showed Zero and yday flashed
10:27 Himanshu : no trade today till I see set of Zeros EOA
10:28 Prashant : BN wants to breakdown
10:32 Nishanth : Another basic question. Sorry guys 🙂 the value area how do we know where to center it? Like if it is 70% or 60% around what center point ?
10:33 Nishanth : I know the chart draws. I am asking how does the chart decide to draw around what center point?
10:33 Nishanth : in Market profile
10:35 Prashant : back abv vwap…huh
10:37 Shai : Good Q – (10:32) Nishanth : Another basic question. Sorry guys 🙂 the value area how do we know where to center it? Like if it is 70% or 60% around what center point ?
10:38 Shai : first we count the number of TPO’s used and then arrive at 70% of that area to form the VA
10:38 Shai : in volumes we calculate volume zones and arrive at 70% of that volume
10:40 Shai : 38- 56 range to watch in 11400 pe
10:41 Prashant : Centre is around the POC. As explained in books, you move 2 rows up and down, whichever has more TPOs, you include those. Then again 2 up and down and so on. So, not a symmetrical disn.
10:41 Muralidhar : Looks like we are a
10:41 Muralidhar : having a C side Extn
10:41 Shai : below 11465 we get that 11440
10:42 Nishanth : thank you for the answers!
10:45 Shai : book 11455 – (10:41) Shai : below 11465 we get that 11440
10:46 Uttam : 11500pe from 90-105
10:46 Shai : thought I’ll get this move early at open
10:46 Ankush Jain : SL dfeated by 6 points
10:46 Shai : 11440- 11455 tricky zone
10:46 Shai : be careful gere
10:46 Uttam : yes high vol zone this
10:47 Ashwath : +1 shai
10:48 Ankush Jain : Almost -ve COTs since morning
10:51 Ankush Jain : Shai 1040 IS bar not good to short due to POC at bottom?
10:53 Uttam : D doing a C today in NF?
10:54 Uttam : failed IB extension does vwap
10:54 Uttam : yet to do vwap* but getting there looks like
10:58 Tejaswini : UG but no greens yet
10:58 Shai : not this IS, but yesterday we had IB there , content diff – (10:51) Ankush Jain: Shai 1040 IS bar not good to short due to POC at bottom?
10:59 Ankush Jain : ok thanks
10:59 Uttam : vwap here in NF – so it is a D for dhoka today 😉
11:00 Gorahate : There is 2 mins delay in receiving messges
11:01 Ankush Jain : yesterday 1500 bar had IB & 0s
11:01 Gorahate : Anyone facing same issue?
11:03 Uttam : all fine here G
11:03 Shai : https://vtrender.slack.com/archives/C0F2X2TFW/p1600147945007300
11:03 Uttam : refresh once and check
11:03 Ankush Jain : Shai that IB bar 0s still valid?
11:04 Ankush Jain : NF stopped right there
11:05 Shai : IB?
11:05 Ankush Jain : yesterday’s
11:05 Ankush Jain : 1500 bar
11:05 Shai : good once or first time always
11:05 Shai : gets weaker on every touch afterwards
11:05 Ankush Jain : ok
11:06 Ankush Jain : It has been tagged twice
11:06 Gorahate : Delay in receiving messages only. Charts was working fine
11:06 Shai : As they say , 3rd time it is bound to fail . you amke money if you can identify in the 1st and 2nd time 🙂
11:06 Gorahate : *charts are working fine
11:07 Ankush Jain : So any movement below 450 can bring in more fall?
11:07 Uttam : just watched the 12th video today in which Shai explains that 5min signals are to be used for shorter term moves only and the max holding time would be 60mins
11:07 Ankush Jain : +1
11:08 Shai : TRy a reload of the room by clicking X on top right- (11:06) Gorahate : Delay in receiving messages only. Charts was working fine
11:08 Shai : +1- (11:07) Uttam : just watched the 12th video today in which Shai explains that 5min signals are to be used for shorter term moves only and the max holding time would be 60mins
11:09 Gorahate : Tried. will check now
11:09 Shai : webinato issues go here – https://support.webinato.com/support/home
11:09 Gorahate : ok
11:10 Gorahate : Thank you Shai
11:13 Krantik Bordoloi : looking weak from here?
11:21 Ashwath : test
11:22 Ashwath : looks like some issue with Server timings. I just sent msg test it shows 11:21, but in my clock 11.23
11:22 Krantik Bordoloi : yes, there is a 2 min gap i’m also getting
11:22 Ashwath : so we are good here..
11:23 Ashwath : we are getting instant msg,
11:27 Shai : what’s the clock now?
11:27 Yaghesh : 11.27
11:27 Shai : 11.29?
11:27 Krantik Bordoloi : 11.29 here
11:27 Bhuvan : yes
11:27 K2dt : 29
11:27 Bhuvan : 11.29
11:27 RiteshM : 11.29
11:27 Rajesh G : 11.29
11:27 Bhuvan : now working fine
11:28 Rajiv Ohri : Tuesday today!
11:28 Shai : lol
11:28 Bhuvan : earlier was getting some lag
11:28 Uttam : lol
11:28 RiteshM : 11.29.31
11:28 Bhuvan : 34 seconds now
11:28 Amit Jain : yes but chat is showing 11.28
11:29 Amit Jain : while 11.30 in the clock
11:29 Shai : yes
11:29 Shai : sync issue
11:30 Manikandan : its on discount
11:30 Amit Jain : ok thanks.
11:30 Shai : lol
11:30 Shai : shoukd be fine then when NF goes tgo premium
11:30 Shai : Inside day guys
11:30 Shai : playing out fully
11:30 Manikandan : +100 shai – waiting -there we go
11:32 Himanshu : 130- 92 21700 PE – Exit
11:33 Himanshu : Love to see – Time, Value and Price
11:33 Himanshu : We are now measuring time also in seconds
11:33 Himanshu : Kudos
11:34 Himanshu : UG – In Last week BNF – Spot Profile
11:34 Krantik Bordoloi : where is supply for Bnf?
11:35 Himanshu : 22370 is VAL – and we shall cross that for change in polarity
11:35 Yashasvi bhuta : sems like will cross DH
11:35 K2dt : iss bar 340 nikalo bnf
11:35 Himanshu : obderved 22105 – Being lower suppot same
11:39 KK : inside day, s back to 480 ?
11:42 K2dt : 305-355 22.2kce
11:42 Jitender : back at 340..as posted in morn as imp ref….gobbling everythn in between…tats why going with h/w and setups is imp….
11:42 K2dt : +100 Jit
11:42 Jitender : readn OF is an art..and trading more than it 🙂
11:44 Ankush Jain : we r trading right between the 2 Ds of yesterday
11:44 Shai : Buy NF abv 11507 sl of 11486 tgt 11537
11:44 Shai : may show 0’s abv 11507
11:45 Ashwath : NF in?
11:46 Shai : in
11:47 Rahul : in
11:48 Shai : NF exit here 11506
11:48 Shai : OF is not good
11:48 Shai : 11505 still
11:50 Ankush Jain : that -ve COt of 68100?
11:51 Shai : yes they sold abv 11407
11:51 Shai : 11507
11:51 Shai : was expecting a round of SC actually
11:51 Yashasvi bhuta : thanks for the quick update i could sclap some in 11400 PE
11:53 K2dt : yes chief string of reds there
11:55 Shai : if vwap breaks we get 11455 again
11:55 Yashasvi bhuta : okey
11:58 K2dt : 340 again stiff Jit 🙂
11:59 Shai : we got a good exit
11:59 Shai : price di down to vwap again
11:59 Ankush Jain : +1
11:59 K2dt : chat lag again?
12:00 Ashwath : +1
12:00 Gorahate : test msg
12:00 K2dt : recd chief’s 1159 msg at 1201
12:00 Ashwath : no Q abt Shai and his timings 🙂
12:00 Gorahate : sync issue I guess
12:01 K2dt : G, what time do you see in chat?
12:01 Gorahate : Delay of 1 min
12:01 Gorahate : Clock is 12:02. Time in msg is 12:01
12:01 K2dt : yes same..thnx.. chats r good..some issue with clock
12:09 Naresh Dubbudu : I would BNF here if COT supports.
12:11 Himanshu : Bnf Spot rejected from morning ressitance second rejection
12:14 K2dt : also…spot didnt cross IBH. H
12:15 Ankush Jain : so far tiny extensions in NF on both sides
12:15 Himanshu : Yes – but in second half it can change also
12:16 K2dt : 100 percent agreed H
12:16 Himanshu : if stays above 22340 – with volume – lot of new bear today will be chopped
12:16 Himanshu : so inside day is play boundries in first half and second half it will show habd
12:16 Himanshu : hand*
12:17 Naresh Dubbudu : There is Fed announcement today. Last hour might reflect the same.
12:17 Himanshu : Tesla agiain squeezed bears there
12:18 Himanshu : UG – will there be 80 % in ydays profile in bNF -we are roaming above Yval
12:19 K2dt : trading at nasdaq actively H?
12:19 Himanshu : No – observing only –
12:20 K2dt : +1
12:20 Himanshu : traded twice but – 73X -Risk Leverage
12:21 Himanshu : Currency, so need Large Heart
12:21 K2dt : woah.. which broker? TD/IB/robinhood?
12:21 Himanshu : No – eToro – is my son’s account
12:22 Himanshu : just small account -it allows paper trading also
12:22 K2dt : ok.. yes u r right need big chest
12:22 Himanshu : so – is on learning cycle with paper tarding .
12:22 K2dt : +1
12:22 Himanshu : I want to teach him, MP etc but Ordeflow data we cant get so
12:23 Himanshu : Slowly, One Day, will
12:23 Krantik Bordoloi : lots of grrens in bnf
12:23 Himanshu : JIt showed his hand
12:23 Uttam : 22433 imp ref in BNF
12:23 Sumeet : G
12:23 Uttam : needs to get above it
12:24 Vidhyasagar Lingesan : or 22344?
12:24 K2dt : Jit entering 🙂
12:27 Uttam : by the way NF confrimed a FA at low
12:27 Uttam : just got back
12:27 Uttam : but has a probable FA at top too
12:27 Uttam : BNF also
12:28 Ankush Jain : another neutral day
12:28 Ankush Jain : can it be NeuX?
12:29 Uttam : need to chekc with Tej & Baba
12:29 Uttam : what they plan to do
12:29 Uttam : BNF had singles at new lows so PLR up in it and now NF also sttaying abo ve vwap
12:31 Uttam : 1atr in NF at 11596
12:31 Tejaswini : BNF lots of greens above VWAP
12:34 Vyom : reliance rising
12:34 Bhuvan : yes starting a move
12:34 Krantik Bordoloi : yeah, RIL recovering
12:35 K2dt : waiting fir H period?
12:35 Uttam : BNF not in sync
12:35 Manik : UG how many days average we consider for ATR?
12:36 Uttam : I take a 15-day one but there is no fixed rule
12:37 Jitender : 348-277…ref lvl magic…gobbling all 0s in between in the 12.20bar..bnf….:
12:37 Jitender : 🙂
12:38 Uttam : 36k seller at 22392 level given in the mornign got this move lower
12:38 K2dt : yes Jit all those middle 0s taken out
12:38 Uttam : OAIR so fade of extreemed working like a charm
12:39 Uttam : IBH rejection in BNF gives vwap
12:39 K2dt : congo Jit
12:39 Uttam : simple rules
12:39 K2dt : OA master
12:39 Jitender : Its a thick POC K2dt….context is an even coming up and expiry balance being figured out
12:39 Jitender : *event
12:40 Uttam : os at 22360 was the latest one so polarity was there in BNF
12:40 Uttam : and this bounce from vwap made a high of
12:40 Uttam : 11:55 & 12:25 bar
12:41 Uttam : 0s rock
12:41 Uttam : along with levels
12:41 Jitender : anyways trade safe guys….focus on wat Shai says n yr setups…
12:41 Uttam : always +1
12:41 Uttam : NF gave a IBL failed ext and a move to vwap & IBH
12:42 Uttam : then now from failed IBH ext gives a move to vwap
12:42 K2dt : thnx Jit for the context
12:43 Uttam : BNF mornign singles was defended in D so led to the negation of the mornign 0s it had left and new highs for the day but RS at new highs got it back to vwap
12:43 Uttam : OAIR & inside bar was expceted today as Shai mentioned it at clopse yesterday itself
12:43 Jitender : and cut the unnecessay noise…(12:41) Jitender : anyways trade safe guys….focus on wat Shai says n yr setups…
12:43 Jitender : wc K
12:44 Uttam : 🙂
12:44 Bhuvan : seems 11500ce writers are strong …
12:45 Uttam : we will get to know that tom and on thursday 😉 Bhuvan
12:45 Uttam : #dukaan set up
12:46 Uttam : both being defended at vwap
12:47 Manik : H for Hammer now
12:48 Bhuvan : yes uttam .)
12:48 Krantik Bordoloi : 11500 ce OI not falling
12:49 Rajiv Ohri : JIT perfect
12:50 Jitender : +1
12:51 Uttam : BNF can give a move higher here
12:52 Bhuvan : and most imp 11500ce OI going up and IV coming down, clear writing but lets see
12:53 Tejaswini : UG should we wait for good greens in BNF above vwap to buy
12:53 Uttam : defence of vwap is a good sign now we need greens at the next IBH break
12:54 Uttam : H for hammer here
12:54 Uttam : 22417 above it 22560
12:55 Uttam : lets get some 0s at 22390
12:59 Yashasvi bhuta : what put base is getting formed in nifty for this weeks expiry?
13:00 Shai : https://mplite.vtrender.com/opchart/
13:00 Shai : orange ones are the bases being woked on
13:00 Uttam : boom boom coming?
13:04 Uttam : H has 10 more mins
13:05 Tejpreet : That 11500 combo holding up well …70 each now.
13:09 Ankush Jain : doom doom
13:09 Jitender : 🙂
13:09 Jitender : another 100 from 340
13:09 Yaghesh : +1 jit
13:10 Tejpreet : +1 Jit …score ?
13:10 Jitender : 2.17
13:11 Uttam : this could not be taken out – (12:40) Uttam : os at 22360 was the latest one so polarity was there in BNF
13:11 Uttam : 0s are our heros 🙂
13:12 Uttam : 11500pe writers feeling the heat
13:12 Uttam : OI coming down in it
13:13 Ankush Jain : even 11500 CE OI dropped
13:13 Ankush Jain : even 11600 CE OI dropping
13:13 Ankush Jain : very strange
13:15 Uttam : poor hgihs and probable FA at 11513 in NF
13:15 Ankush Jain : Can anyone explian this?
13:18 Manik : UG looking at low vols and small range and inside day, can we assume its mostly locals here?
13:19 Ankush Jain : vocal for local chall raha aaj kall
13:19 Ankush Jain : 🙂
13:21 Ashwath : @Shai – Can we expect move in K?
13:26 Ankush Jain : this vwap brk fizzling out
13:29 Shai : K has a higher percentahe in OAOR than in OAIR
13:30 K2dt : G for OAIR chief?
13:30 Ashwath : ok. thanks
13:30 Uttam : G it is got OAOR only Ashwath
13:30 Uttam : for*
13:30 Ashwath : ok. thanks
13:32 K2dt : UG 180 again nt breaking in bnf
13:36 Uttam : yep K
13:37 Krantik Bordoloi : bahut paka raha hain market
13:37 Shai : (08:52) Shai : mostly an inside day today
13:38 Vyom : really Shai
13:38 Shai : warnned you pre -open it won’t go anywhere today
13:40 Tejaswini : join me is lagging chief
13:46 Ankush Jain : J is here
13:49 Shai : join me up for all?
13:49 Ankush Jain : fine
13:51 Tejaswini : still lagging
13:51 Ankush Jain : 2 day balaned composite forming Shai?
13:51 Uttam : greens galore in BNF
13:51 Uttam : can NF repair the poor highs?
13:52 Uttam : looks like trapped reds getting out
13:55 Tejaswini : Can NF tag 533?
13:56 Tejaswini : chief’s morning level of supply
13:59 Tejaswini : Tagged IBH and returned. Poor high?
13:59 Ravi : 2 TPOs and not a tail
14:01 Uttam : je baat – (13:51) Uttam : can NF repair the poor highs?
14:01 Uttam : boom boom
14:01 Uttam : 75k red
14:01 Uttam : at 11519
14:01 Uttam : BNF long weay to go still
14:01 Tejaswini : now do 533
14:01 Uttam : IB at vwap forming here
14:02 Uttam : der aaye but durust aaye 🙂 come on let do it
14:02 Nishanth : thats a big volume in NF
14:02 Uttam : can BNF get above that 22360 now?
14:02 Uttam : for 22417 & 22560?
14:03 Uttam : good vols in both
14:03 Uttam : 11500ce needs to gwet above 80
14:04 Uttam : BNF 22349 high so far’
14:04 Nishanth : 82k Red seller in NF
14:06 Uttam : 22360 has become BNFs nemesis for today
14:06 Uttam : yesterdays second extension handle it was
14:06 Uttam : so sellers dont want to let is go
14:07 Uttam : BNF ke paas abhi K hai 😉
14:07 Uttam : lets see if we get a spike or both are a balanced profile so close at dpoc/vwap
14:07 Uttam : FA in NF at lows holding
14:09 Prashant : What exactly is meant by “second extension handle”? Uttam..
14:09 Uttam : yesterdays profile had 2 extension handles
14:09 Uttam : 22552 & 22357
14:10 Uttam : warming up for K
14:12 Prashant : Ya, thats what I dont understand. J extendedI I from 22335
14:13 Uttam : I period lows was 22357 whcih was not tagged all day once it was broken in J period
14:14 Nishanth : another large seller in NF
14:14 Uttam : aane do
14:15 Uttam : unless BNF joins the parNF can do a 45 degree rule
14:15 Tejaswini : UG thats also yesterdays war zone
14:15 Uttam : 27k green in BNF at 22364
14:16 Manik : 0s at top
14:16 Shai : short NF 11522 sl of 11539 tgt 11500/ 11480
14:19 Yashasvi bhuta : okey
14:20 Bhuvan : sold 11550ce
14:20 Shai : I like these 0’s – 3 rows perfect
14:20 Shai : more than 3 even better
14:20 Shai : the one in the morning has 50K at top row
14:22 Shai : 11510 reduce half- (14:16) Shai : short NF 11522 sl of 11539 tgt 11500/ 11480
14:22 Shai : sl at 11525 on rest
14:23 Yashasvi bhuta : ok
14:26 Uttam : IBH holding in NF
14:26 Uttam : move to vwap/dpoc below that Shai?
14:26 Shai : yes ibh
14:27 Shai : ibh to vwap can readd
14:28 Uttam : BNF?
14:28 MJ : Shai SC if coming can come above?
14:28 Uttam : je baat BNF
14:28 Uttam : 22417 here
14:29 Uttam : now lets go for 22560
14:30 Uttam : 22444 customary toll booth here
14:30 Himanshu : Jit –
14:30 Uttam : 22470 – 90 more
14:30 K2dt : 328-412 22.2kce
14:31 Himanshu : Cong k
14:31 Himanshu : UG 22560 – Room chart mein nahin hain
14:31 Himanshu : mutlab nahi ayega
14:32 K2dt : thnx H
14:33 Uttam : yVWAP here in BNF
14:33 Yashasvi bhuta : large cot in NF
14:34 Yashasvi bhuta : nd 3 o’s also
14:37 Uttam : hows the josh
14:37 KK : Where is bnf headed 22800 ?
14:37 Uttam : 22520
14:37 Tejaswini : 11500ce writers are covering though
14:37 Uttam : 40 more to go
14:37 Uttam : 22535
14:37 Uttam : (12:54) Uttam : 22417 above it 22560(12:55) Uttam : lets get some 0s at 22390
14:38 Uttam : patience is needed in trading
14:38 Naresh Dubbudu : I had postive bais from the morning. Patience gives profits.
14:38 Sandesh : +1 ug
14:38 Uttam : Baba ki jai ho 🙂
14:39 Himanshu : Savage
14:39 K2dt : killer
14:40 Uttam : 22547 high – 13 points kyun chod diye?
14:40 Himanshu : BNF never fails UG’s order
14:40 Uttam : shubh ke liye
14:40 Uttam : _/\_ I ry to follow what it is ordering H
14:40 Naresh Dubbudu : 22585 coming UG
14:40 Himanshu : Pranam sir ji
14:41 Uttam : (10:04) Uttam : 22180 break could get more downside
14:41 K2dt : OG eagle = UG +100
14:41 Himanshu : BTW – 13 point kyon Chod diya – Chhod diya
14:41 Rajiv Ohri : When are the FOMC minutes out?
14:41 Himanshu : Chod is not MP term
14:41 Himanshu : haha
14:41 K2dt : chodd na chodd na re bheja fodd na re 🙂
14:41 Himanshu : I read it
14:42 Himanshu : Rajiv – Ek minute
14:42 Himanshu : Powell line is coming busy ..
14:42 Uttam : lol H
14:42 K2dt : hahaha
14:42 Uttam : ek taraf LIC doosri taraf Powell
14:42 Himanshu : Sec said he is brushing teeth
14:42 K2dt : tomorrow night , Rajiv
14:42 Himanshu : Aur kya
14:43 Himanshu : Powell said – we are waiting for printing ink –
14:43 K2dt : loool was going tyo type this only… :p
14:43 Uttam : now call Namo & ask him to deliver it fast ;-p
14:43 Himanshu : but ink is coming from China and we have to find alternate source now
14:44 Himanshu : Mitro – Mein kisiki sunta nahi hun
14:44 Himanshu : Except my mother ,,
14:45 Uttam : jo kuch bhi nahi bolti 🙂
14:45 Himanshu : haha
14:45 Himanshu : NaMO speech sends shivers to spine in business world
14:45 Naresh Dubbudu : sabo suno. apna karo.
14:46 Himanshu : cause pata nahin – kya lockdown – note ban
14:46 Uttam : 22560 done & dusted…and in style
14:46 Himanshu : the people who gets happy is farmer/labour/
14:47 Uttam : 52k red at 22552
14:47 Himanshu : Our maid and washerman are very happy with him – thy got free cylinders- connection – Grains during locklsown – they also got small flat – in housing schme
14:48 Himanshu : DD banega kya
14:49 Govind : Shai, BNF MP needs adjusting please
14:49 Himanshu : Govindbhai
14:49 Himanshu : Namaskaram
14:49 Govind : Hi Himmy
14:49 Govind : So you switching parties now?
14:49 Himanshu : Sir – Gareeb logo ko yaad
14:49 Himanshu : no
14:50 Govind : You are not Gareeb, come on
14:50 Govind : you own half of Africa and China owns the other half
14:50 Himanshu : Arey in chart room mein
14:50 Govind : 🙂
14:51 Govind : thanks Shai
14:54 Ankush Jain : Any news on LTCG? Parl recommends removal?
14:59 Muralidhar : @UG are we having a NeuX day today?
15:02 Shai : D had a small ext lower
15:02 Shai : but day is NV now
15:02 Ankush Jain : we ignore that D ext?
15:03 Ankush Jain : it was just 3 points down
15:03 Shai : yes minor
15:03 Ankush Jain : D minor
15:04 Naresh Dubbudu : BNF 22588 high!
15:05 Sandesh : @shai, check dm pls
15:06 Naresh Dubbudu : Today is a great day. Apart from achieving 1.5 DT, I can see conviction in my bias and plan accordingly.
15:08 Shai : +1 Naresh
15:08 Shai : congrats
15:08 Naresh Dubbudu : Thanks Shai.
15:09 Naresh Dubbudu : Being here with all of you here enables me to build my method. Thank you.
15:10 Ankush Jain : Shai today NF filled inthe double distribution of yesterday
15:11 Shai : Yes
15:11 Shai : An open auction tom at open can set a stage for a move in afternoon
15:11 Shai : even a A period move can come
15:12 Muralidhar : @Shai move above 11550?
15:15 Shai : yes and 11450 below
15:15 Shai : it’s well centered at 11500 for now
15:15 Shai : those writers will like it
15:15 Ankush Jain : & tom is Wednesday
15:16 Ankush Jain : someone will be murdered
15:16 Tejpreet : Shai that 11500 combo just moved 15 points down , had written around 144 odd now 129.
15:16 Shai : +1
15:16 Shai : 15 is less no?
15:16 Tejpreet : was expecting minimun 20 before K
15:17 Tejpreet : too less….some one will be cleaned out in that 🙂
15:18 Uttam : leys see tom who gets Tej 😉
15:18 Tejpreet : +1
15:18 Uttam : BNF closing at 22560?
15:18 Uttam : NF giving a NeuX with FA at lows
15:19 Uttam : such a nice balance in NF in yesterdays low vol zone
15:19 Uttam : BNF living up to that ORR start though it did not have the volumes
15:19 Uttam : closing at hgihs
15:19 Uttam : A period tail at new lows holding
15:20 Ankush Jain : Nothing fresh writing at 11500 & 11600 ce
15:20 Uttam : is now a 5-day balance – BNF
15:20 Tejpreet : POC of that balance Uttam
15:21 Uttam : was around 22417 Tej but will need to chekc EOD today whrre it is
15:21 Prashant : You would include yesterday into the Balance? BNF..Uttam
15:21 Tejpreet : tks Uttam
15:21 Uttam : yes Prashanth, we played that 80% rule so beautifuly yestrday in the prev 3-day bal
15:21 Uttam : it was like fitting a puzzle piece together
15:21 K2dt : pl post composite chart of both in slack UG
15:22 Uttam : will do K
15:22 K2dt : thnx UG
15:22 Uttam : _/\_
15:24 Uttam : BNF has an extension handle right at that comp POC Tej
15:24 Uttam : 22410 actually
15:25 Manik : something odd 11500 PCR at 0.8 levels
15:25 Manik : still not above 1
15:25 Uttam : 22680 vpoc higher in BNF
15:26 Uttam : lower ref now would be 22410 below 22560 for tom open
15:26 Uttam : lets see if we can get that have that date with 23k tom
15:26 Tejpreet : so that 22410 imp
15:26 Uttam : yes Tej
15:26 Tejpreet : +1
15:27 Uttam : greens in BNF right till close
15:27 Uttam : gap up?
15:28 Tejpreet : straight 23k at open then 🙂
15:28 Uttam : lol
15:28 Uttam : possible if BNF gets into beast mode
15:28 Uttam : as well think of 23660 then
15:28 Uttam : thanks All 🙂 have a lovely evening
15:29 Manikandan : Bye all
15:29 Tejpreet : Bye All
15:30 Shai : Bye all
15:30 Shai : have a good evening
15:30 Nishanth : Bye
15:30 Sadees : Bye All
15:30 Himanshu : Bye all
15:31 Bhuvan : bye all
15:31 Tejaswini : bye all