Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.
Order Flow is the most transparent way to trade and takes away the guesswork from decision making.
NF
BNF
Room Chat
08:43 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/633476533
08:45 Vtrender Live : 5 min charts – https://join.me/502-484-914
08:46 Vtrender Live : 5 min charts of BNF – https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
08:54 Seshadri : good morning
08:55 Nirmal : gm all
08:58 Chandrashekhar : GM all
09:03 Jatin99 : GM all
09:03 Ankit : gm all
09:03 Avinash : GM Everyone
09:03 Aditya09 : gm all
09:06 Shai : GM all
09:06 Rahul : Morning all
09:06 Shai : Ref line for the open is again at 10815 like tuesday
09:07 Shai : yesterday’s upmove was driven up on early longs at 10615 and late shortcovering abv 10700
09:07 Shai : if IB’s don’t show up at open, it can fail again like tuesday
09:08 Shai : 10750 early supp for open
09:08 Shai : BNF 22450 was supply for 2 days and overcome in yesterday’s SC move
09:08 Shai : 22450 ref line for open
09:08 Shai : 21750 is higher supply zone
09:09 Shai : 21310 lower supp
09:10 Giridhar Gowravajhal : GM all !!!
09:10 Uttam : Good Morning All 🙂
09:11 Chintan : GM All
09:11 Uttam : BNF 21450 Shai?
09:13 Manikandan : GM All
09:15 Uttam : Tej 21740?
09:16 Chandrashekhar : O-L in BNF
09:17 Maxis : Namaste Bhai log, aur behene bhi.
09:18 Chandrashekhar : but low open of BNF has no volume..so this O-L is not that imp right Uttam?
09:18 Chandrashekhar : 0’s at lows for BNF i mean…
09:18 Maxis : 200 points BNF jump. Can we safely assume that an institution is at play?
09:19 Boppanna : Uttam 940 coming?
09:19 Tejpreet : Tks Uttam for bn 740 finally.
09:19 Uttam : 21741 done
09:20 Boppanna : Spike acceptance above Shai’s 750 lets push BNF
09:23 Tejpreet : Bops need to press the speedo in bn
09:25 Boppanna : hmm 750 wall for now
09:26 Uttam : boom boom coming?
09:26 Uttam : je baat
09:28 Maxis : Hey UG. How u make that out “boom boom coming”?
09:28 Boppanna : 21700pe has given a drive down
09:29 Maxis : bounce from VWAP and that 6K green?
09:30 Ravi : digits are not clear
09:30 Ravi : please adjust sir
09:31 Ankush Jain : OF is difficult to read today
09:32 Uttam : get the open type first Ankush
09:32 Uttam : OF will start developing now
09:32 Vishnu : OD ug?
09:32 Vishnu : both opened above VAH
09:33 Tejpreet : Perfect OD but vol/speedo missing.
09:33 Prashant : What is OF?
09:33 Rahul : order flow
09:33 Maxis : Chief, can u trade places for the MP charts with the 30mins charts?
09:34 Prashant : ok thanks
09:34 Maxis : OF numbers???
09:35 Ankush Jain : @Uttam, I was talking about the digits. not clear
09:35 Uttam : check on zoom
09:35 Uttam : and joinme
09:36 Nirmal : oaor
09:36 Uttam : OAOR in both
09:36 Uttam : low vols
09:37 Shai : +1 OAOR it is
09:37 Vishnu : ok
09:37 Shai : sppedo at 80
09:38 Maxis : @Ankush J, once u start understanding the system, the “tiny, illegable-at-times numbers” will cease to matter. Right Chief?
09:42 Uttam : BNF getting ready?
09:42 Uttam : lookibg good abv 21740
09:44 K2dt : +1 chief
09:45 Aditya09 : so we buy if we get ib right?
09:46 Shai : you don’t need to read everything, just focus on the points explained in the training Libarary- (09:38) Maxis : @Ankush J, once u start understanding the system, the “tiny, illegable-at-times numbers” will cease to matter. Right Chief?
09:47 Maxis : Yes Chief.
09:47 Jitender : someone was asking diff between end of auction )’s & illuquid 0’s in slack…this current bar in bnf is example of ill liquid 0’s
09:48 K2dt : +1 Jit
09:48 Shai : +1
09:49 Vishnu : +1 jit
09:49 Adi : good morning all
09:49 Shai : infy is giving 80 to NF again off the 120 in change
09:50 Shai : IT sector getting inspired by the nasdaq 🙂
09:50 Uttam : it made a C side ext yesterday 😉 INfy too
09:50 Maxis : also IT sector has better +ve sentiment than the rest of the market.
09:51 K2dt : +1 UG
09:51 Shai : OAOR guys, take it easy
09:51 Avinash : Infy is in red
09:51 Uttam : retail got in post IB so it corrected and now back up
09:51 Shai : donlt stress too much
09:52 Ankush Jain : we r still in no trade zone?
09:52 Shai : oops sorry – I was reading yday data
09:52 Avinash : K, no worries
09:52 Shai : hdfc twins the pack leaders today
09:53 Uttam : so BNF holds the key 🙂
09:53 Ankush Jain : Nifty beelying up today on HDFC butter
09:53 Shai : OAOR is about saving what kind of capital?
09:53 Rahul : Emotional
09:53 Ankush Jain : emotionsl
09:53 Nirmal : emotional
09:53 Nirmal : capital
09:53 Manikandan : Emotional Capital
09:53 Shai : +1
09:54 Adi : also financial
09:54 Shai : if you are trading , be in and out quick. require more precision and small quick moves
09:55 Nirmal : friday OAOR means nifty preparing adjusting for next week right shai ?
09:57 Maxis : i believe OAIR is more like that.
09:57 Uttam : reds getting stuck at 21685 BNF
09:57 Uttam : imp level that is
09:59 Boppanna : +1 Uttam
09:59 Himanshu : UG – you kicked BNF in BUT again
09:59 Himanshu : BUTT*
09:59 Adi : Isnt today Open Drive in NF
10:00 Aditya09 : no because low volume
10:01 Avinash : Speedo is now @77.. Time to snooze
10:01 Vishnu : no its OAOR . Lack of volume otherwise spedo above 120+
10:01 Ankush Jain : FRYday
10:03 Uttam : 21853 coming?
10:03 Uttam : one more C side bulding look like
10:07 Ravi : CHART STUCK?
10:08 Uttam : working fine
10:08 Prashant : How is the previous bar IB when POC is almost at the top, vol low and a Red on the left. Just the bar is green. Not clear.
10:09 Uttam : good observation Prashant, it is not an ideal IB which is why ne need to be aware of the rules of each concept
10:09 Uttam : but here the context is the stuck greens at 21685 which seem to have come out in that bar
10:11 Uttam : boom boom time
10:11 Shai : https://mplite.vtrender.com/?symbol=O_NIFTY10800CE20200723&tf=daily&tpo=1&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=&rst=1&iam=
10:11 Shai : 10800 ce chart
10:11 Shai : https://mplite.vtrender.com/?symbol=O_NIFTY10800PE20200723&tf=daily&tpo=1&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=&rst=1&iam=
10:11 Shai : 10800 oe
10:11 Uttam : 21500pe needs to break 280
10:13 Aditya09 : charts lagging?
10:13 Shai : BNF- https://mplite.vtrender.com/?symbol=BANKNIFTY&tf=daily&tpo=6&ll=&ul=&sp=1&startDate=01-07-2020&endDate=16-07-2020&nDays=12&idstr=&dstr=&rst=1&iam=
10:14 Jitender : 840 in bnf 🙂
10:14 Boppanna : now if Jit can move that 840 ref guy away we are in for 100 more
10:14 Vishnu : need 22037 bops
10:14 Jitender : hope u guys remember it (10:14) Jitender : 840 in bnf 🙂
10:14 Boppanna : +1
10:15 Shai : NF- https://mplite.vtrender.com/?symbol=NIFTY&tf=daily&tpo=2&ll=&ul=&sp=1&startDate=01-07-2020&endDate=16-07-2020&nDays=12&idstr=&dstr=&rst=1&iam=
10:16 Ankit : not able to open this link
10:16 Rahul : c side kab aayega
10:18 Uttam : a) BNF needs to sustain above 21573 for a rise to 21659 / 21740*-786 / 21835-860 / 21925-22002 & 22055-116
10:18 Uttam : 21837 so far
10:19 Rahul : Shai charts ticks are getting delayed ?
10:19 Shai : BNF looking good
10:20 Uttam : yes right from open 🙂
10:20 Shai : Abv 21740 should test that 21900- 940 seller on this IB
10:20 Uttam : (09:42) Uttam : BNF getting ready?(09:42) Uttam : lookibg good abv 21740
10:22 Chandrashekhar : C side extn…with 1.3 lac red
10:23 Uttam : 0s at top too
10:23 Uttam : Spot did not make new highs
10:23 Chandrashekhar : speedo going down as well
10:24 Uttam : BNF needs to make its move
10:24 Uttam : lets get that C side
10:24 Shai : 20 ticks behind – (10:19) Rahul : Shai charts ticks are getting delayed ?
10:25 Shai : firdst of the big sellers in NF
10:26 Maxis : why is that, 20 ticks behind? Only today or is it the standard?
10:26 Shai : can do 10776/ 10758 sl 10817 cmp 10795
10:27 Chandrashekhar : +1 Shai
10:27 Shai : happens sometimes- will reset
10:27 Shai : I have put up a tick counter in the room, between the MP charts
10:27 Shai : will warn of delays
10:28 Maxis : “Lag”?
10:29 Jitender : 100 dwn (10:14) Jitender : hope u guys remember it (10:14) Jitender : 840 in bnf 🙂
10:30 Govind : wave the green flag please Jit, @ 840 🙂
10:30 Shai : +1
10:31 Jitender : Gov ..u n Vishnu need to punch in vols 🙂
10:31 Uttam : NF 69 point range 🙂
10:31 Govind : Just Vishnu, I am more like a barnacle on a whale bro
10:31 VijayT : LOL
10:31 Shai : NF crying toi be sold here
10:31 Vishnu : lol jit
10:32 Ketan : ha ha ha gov.
10:32 Jitender : u r a true surfer bro…kudos 2 u +1 (10:31) Govind : Just Vishnu, I am more like a barnacle on a whale bro
10:32 Govind : _/\_
10:32 Vishnu : +1 jit
10:33 Uttam : BN spot made a C side
10:33 Uttam : Nifty poor highs at 10818
10:34 Vishnu : will a 3 ib day today ug?
10:34 Vishnu : lack of vol still thr
10:34 Uttam : weekly balance Vishnu
10:34 Uttam : BNF will get weak below 21670
10:38 Giridhar Gowravajhal : Very small IB
10:40 K2dt : chalo to fir niche NF
10:42 K2dt : still at 799
10:44 Jitender : 200 dwn from 840 🙂
10:44 Shai : ++
10:44 Jitender : wetted my beak 🙂
10:44 Jitender : tx chief
10:44 Boppanna : Awesome Jit
10:45 Uttam : 21500pe from 325-345
10:45 Shai : Jit aa jao yaar NF mein bhi
10:45 Shai : It is struggling
10:45 Chandrashekhar : +1 Jit
10:45 Jitender : _/\_ chief
10:45 Ketan : +1 jit
10:45 Rahul : Yes Jit,
10:45 Vishnu : +1 ug
10:45 Adi : string of 00’s in BNF
10:45 Nirmal : sabbash bhaiya behno mitron 🙂
10:45 Jitender : tx guys
10:45 Avinash : +1 Jit
10:45 Tejpreet : Jit sir 21 toppon ki salami
10:46 K2dt : aala re aala 🙂
10:46 Shai : NF at tgt 1- book half- (10:26) Shai : can do 10776/ 10758 sl 10817 cmp 10795
10:46 Tejpreet : +1
10:46 Sanjib : +100 Jit….when all were bullish, you were the only one who sounded the alarm. #Respect
10:46 Jitender : +1
10:46 K2dt : congrts Jit
10:46 Shai : If the room LLT’s were here then ?- (10:31) Shai : NF crying toi be sold here
10:46 K2dt : 116-122 10800pe
10:47 Shai : +1
10:47 Uttam : 100 in a flash – (10:34) Uttam : BNF will get weak below 21670
10:48 Rahul : big cot and IS in NBF
10:48 Uttam : 0s from 21660-21700
10:48 Himanshu : 16K BNF red
10:48 Himanshu : more than NF
10:48 Rahul : yep
10:48 Himanshu : _Ve ot
10:49 Uttam : doom doom
10:49 Himanshu : haha
10:49 Uttam : Fa in spot
10:49 Uttam : BNF
10:49 Himanshu : Actually Boom Doom Boom Doom
10:50 Uttam : C side playing out perfectly
10:50 Uttam : dhoka
10:50 Rahul : Yes UG
10:51 Adi : that 140k seller in NF was key
10:51 Adi : at 10800
10:51 Uttam : +1 0s at top
10:51 Uttam : 0s at end of bar indicate end of auction
10:51 Jitender : tx Tej n Sanjib
10:51 Uttam : live example today
10:51 Uttam : nothing better than learning in the room daily
10:51 Jitender : tere was oe more clue UG in bnf
10:51 Adi : +1
10:51 Jitender : one
10:52 Maxis : pls let know Jit
10:52 Uttam : 19k green hoisting a flag at top Jit 😉
10:52 Aditya09 : yesterday asked abt zeros got good example today
10:52 Jitender : DPOC had move on top..wen 840ish was touched
10:53 Uttam : yes 45k vol that bar had
10:53 Jitender : supply 🙂
10:53 Adi : @jit, string of 00’s in BNF between 21680-21640
10:53 Uttam : 45k at poc on 5min bar
10:54 Adi : so is that a ref zone for now?
10:54 Maxis : wasn’t that DPOC move cause of the fast up move at open?
10:55 Jitender : yes Adi..abv it if greens r tere ..vwap is probable
10:55 Adi : @jit thanks
10:56 Maxis : on the 30 mins chart, there are 2 red zones in the 2 candles at 945 & 1015.
10:57 Uttam : for a change BNF has a -1L COT on 5min & NF just -84k
10:57 Uttam : in that last IS bar at VWAP
10:58 Chandrashekhar : similar thing happened yesterday as well i believe
10:58 Chandrashekhar : and mkt gave a spike by close…
10:58 Uttam : rejection at VWAP can set up a move to test 21360 in BNF
10:59 Uttam : lets see what happens at vwap or those 0s zone
11:04 Uttam : BNF rejecting from the start of those 0s
11:04 Uttam : 21360 coming?
11:04 Shai : 10797 sl in NF- if still holding
11:04 Uttam : 21540 break needed
11:05 Shai : 64 sl in 10700 pe cmp 76 tgt 120
11:06 Jitender : +1 …as major a rref as 840 (11:04) Uttam : 21540 break needed
11:07 Uttam : b) The auction accepting below 21543 could test 21490-450 / 21360-300 / 21210-160 & 21100-021
11:09 Prashant : 10788 3 consecutive pocs
11:09 Jitender : Adi..u saw rejection at 645 (10:53) Adi : @jit, string of 00’s in BNF between 21680-21640
11:09 Jitender : slow days are best to learn ….
11:11 Uttam : 34k red stalling the move
11:11 Adi : yes chief
11:12 Jitender : my name if Jit..tere is only chief here…teh big S 🙂
11:12 Adi : live learnings on 00’s today
11:12 Jitender : *is
11:12 Adi : Yes Jit
11:15 K2dt : nice, Adi 🙂
11:15 Uttam : 21540 holding
11:15 Uttam : that red got stuck right there
11:16 Adi : @jit, the question is why do 00’s offer a reference in the middle of a candle? I understand at the end they indicate end of auction
11:16 Uttam : 0s in middle means an aggresive player has entered & taken out the other side
11:16 Adi : right
11:17 Jitender : caouple of tem will be filled….and 4/5 of tem means a stop triggered also…and u need further follow up around it
11:17 K2dt : SL hunting right Jit?
11:17 Boppanna : And always keep in mind the middle zeroes(5min) are a ref for the very short term direction
11:18 Jitender : ys K
11:18 Uttam : 0s when come in a IB bar that too at VWAP means some big guy entered
11:18 K2dt : thnx Jit, UG and Bops
11:18 Rahul : where UG ?
11:18 Uttam : other wise in low vols you often gets small numbers in COT with 0s which do not hold that much importance
11:18 Uttam : IB or IS bar
11:18 Nirmal : infy 920 from 900
11:18 Adi : starting to make sense
11:19 Uttam : OF growns on you if you read it the right wqay
11:19 Uttam : you keep getting better
11:19 Irfan : Shai, should we get out of NF?
11:19 Uttam : it is not comething which one can master or learn overnight
11:19 Jitender : wat last 3 bars of bnf tell u Adi..5 mins
11:20 Adi : RB
11:20 Jitender : mini balance
11:20 K2dt : POC almost at the same level
11:20 Adi : yes
11:20 K2dt : i,e balance 🙂
11:20 Jitender : so we are in biz of reacting..n not pre emptn..correct ?
11:20 Uttam : that 34k red needs to exit
11:21 K2dt : words of wisdom right there guys from the master..:)
11:21 Adi : correct
11:21 Jitender : so 540/645..now ref fr good moves…with OF guiding us
11:21 Maxis : make that plural K
11:21 Tejpreet : Jit message from Anuj for not posting mkt updates today …..I will post only when I am confident people won’t lose money
11:21 Jitender : lol
11:22 K2dt : definitely Maxis.. 🙂
11:22 Boppanna : Nice turnaround Tej
11:22 Uttam : this guy exiting looks like – (11:20) Uttam : that 34k red needs to exit
11:22 Jitender : ten he should hold peace forever Tej…coz one side always looses,,,the way he says both things
11:22 Tejpreet : 🙂
11:23 Tejpreet : Bops hypo b will trigger only below 543 🙂
11:24 Uttam : that 34100 red was too eager for that 21360
11:24 Uttam : so bus overturn ho gaa 😉
11:24 Tejpreet : lol
11:24 Nirmal : TRust my instict gut feel
11:25 Nirmal : today can not be down DAY ..we will see at 3.30
11:25 Uttam : 21700 test coming?
11:26 Nirmal : today put PE buyer will not make money …upside i m looking at 22kBN
11:26 Boppanna : Tej I meant the Anuj info
11:26 Nirmal : but no down day
11:26 Govind : Uttam, pls take it back to that flat top in BNF
11:26 Tejpreet : got it bops
11:26 Boppanna : Yep markets Jit 840 was rock solid and 540 as well now
11:27 Uttam : yes Gov this failure at 21540 can get us there
11:27 Nirmal : Hit me hard ..i will take it if im wrong …THAPPAD de DARR nahi lagta saab …har se lagta hai
11:27 Govind : +1 UG
11:27 Shai : NF exit the balance
11:27 Seshadri : pe option 10700 exit
11:27 Shai : exit
11:28 Shai : we short below 10750 again
11:28 Uttam : NF making new hgihs
11:28 Maxis : @Nirmal, trade what u see.
11:28 Uttam : BNF in middle
11:28 Uttam : lets go BNF
11:28 Ajay : exit put also Sai sir?
11:29 Shai : yes exit for now
11:29 Nirmal : yes maxis ..i tradedinfy
11:29 Nirmal : 900-920 out of positoon
11:29 Maxis : Sai Sir, Sai Baba, our saviour.
11:29 Nirmal : biocon long holding
11:29 Nirmal : SHAI and SAI BABA both aere saviour my NAMAN ! pranaam
11:30 Nirmal : literally hit me on my cheeks if i m wrong
11:30 Uttam : VWAP here in BNF
11:31 Uttam : 21674 high so far – (11:25) Uttam : 21700 test coming?
11:32 Uttam : 21670 was support
11:32 Uttam : one more attempt could get 21720
11:34 Adi : 21680-21640 00’s there
11:35 Shai : getting choppy within the OAOR still
11:39 Jitender : tere was one Nirmal baba also 🙂
11:39 Jitender : wat a fraud he was
11:41 Uttam : check NF high – a) NF needs to stay above 10710 for a rise to 10740-769 / 10793-818 & 10845-879
11:41 Nirmal : Im no BABA
11:41 Shai : previous supply checked and has found new supply in NF
11:41 Shai : NO trades open
11:41 Shai : looking for conf below vwap
11:41 Nirmal : but putting lot of OIL On my cheeks ..so that hit wont feel hurted 🙂
11:42 Shai : NF and BNF walking diff paths here today
11:42 Nirmal : Jitendra
11:42 Ankush Jain : 10817 we had supply on Monday
11:42 Shai : oen abv vwap, one below vwap
11:42 Shai : oh yes
11:42 Jitender : Nirmal..wasnt fr u 🙂
11:42 Uttam : yes Shai BNF needs to get bach above VWAP
11:42 Nirmal : 🙂 okjit
11:43 K2dt : lol Jit.. kirpa bani rahegi..chatni khao 😀
11:43 Uttam : above 10818 NF can open up 10845-879
11:43 Tejpreet : or NF needs to get back below vwap Uttam 🙂
11:43 Uttam : yes BNF rejecting from VWAP not a good sign
11:44 Govind : real low vols in the BNF big 5 Uttam, chop chop
11:44 Rahul : tej 1+
11:46 Uttam : low vols not good for bears Gov 😉
11:47 Adi : what could be the SL for all these big sellers above 10800 in NF
11:47 Nirmal : egzactly Uttam ..low volume FII missing punters can take it up
11:47 Tejpreet : +1 Uttam and bears hate the grind
11:47 Nirmal : local
11:47 Govind : Yeah UG, and HDFCB has results tomorrow
11:48 Uttam : yes Tej bears hunt and have their booty quicly
11:49 Uttam : BNF making a 4-day balance here
11:49 Uttam : so looks like setting it up fr a move on Monday post the HDFC results?
11:50 Uttam : https://mplite.vtrender.com/?symbol=BANKNIFTY_E30-07-2020&tf=daily&tpo=24&ll=&ul=&sp=1&startDate=25-06-2020&endDate=&nDays=0&idstr=&dstr=4.1.2.2.2._2.3&rst=0&iam=
11:50 Uttam : @Gov giving a spike?\
11:51 Govind : vols still not there, but set up is there UG
11:51 Uttam : too much for asking but a DD on the upside will be nice in BNF 😉
11:51 Govind : just pinged Vishnu to place some LLT orders 🙂
11:52 Uttam : low vols in BNF clearly showing Vishnu is minting money in his gold business today so not active here 😉
11:52 Govind : haha, true
11:52 Seshadri : uttam whats 4 day compsite POC for bank nifty
11:52 Uttam : link given up Seshadri
11:53 Uttam : the 3day balance mentioned in todays report
11:53 Adi : NF, E period high on 15/7 as well as today
11:54 Uttam : OAOR & Fryday so lets get some good afternoon moves
11:56 Uttam : lets get back above 21675
11:56 Nirmal : can we see > 10835 in spot please
11:57 Nirmal : 10802 stop
11:57 Nirmal : loss
12:00 Seshadri : uttam blue line is the composite POC?
12:02 Uttam : which blue line?
12:03 Uttam : 2nd time failed to break 21540
12:04 Seshadri : uttam is it 22563??
12:05 Uttam : the 3-day composite POC?
12:06 Govind : 21361 Seshadri, it is given in the write-up itself
12:06 Seshadri : ok
12:07 Govind : it cant be 22563 as we never traded in that zone during those 3 days right?
12:08 Uttam : downside break not getting vols so lets have some upside vols break
12:08 Govind : starting to see some cash vols Uttam, let’s see if they sustain
12:08 Uttam : giving DD Gov?
12:08 Seshadri : govind i meant 21563
12:09 Uttam : G period is right time too
12:09 Uttam : 5more mins
12:10 Uttam : 21753 is today’s POC Seshadri
12:10 Uttam : 3day comp had value at 21160-21361-21676
12:10 Uttam : nothing at 21573
12:11 Uttam : boom boom
12:11 K2dt : abki baar vwap paar
12:13 Govind : here we go Uttam
12:13 Uttam : 21500ce from 495-528 50% out
12:14 Uttam : 21720 here
12:14 Shai : G in
12:14 Shai : 10820- 10770 still ref here
12:14 Shai : no trades open
12:14 Ashwath : @Shai – Kindly add missing indicator to Zoom chart. Thanks.
12:14 Shai : Auction flat
12:15 Raunaq : the ib in bnf is not convincing considering the volumes
12:15 Uttam : vols increasing
12:15 Raunaq : and the vo/sec
12:15 Ashwath : @Shai – Kindly add missing indicator to Zoom’s OF chart. Thanks 🙂
12:16 Shai : will get that updated
12:16 Vishnu : seems this time will pass 10820 shai will go 10919
12:17 Boppanna : Congts Uttam
12:17 Shai : yes selling only is responsive so far in nNF
12:18 Shai : no IS
12:18 Shai : that can change if market trades below vwap / 10770
12:19 Vishnu : yes shai and likewise we passed 10300 zone last time i remembering takn time surpass tht level
12:19 Shai : current vol is 58L with 3 hours to go, making it even poor than yesterday
12:19 Raunaq : how to trade on these kind of ib’s uttaml like we have in bnf
12:19 Vishnu : yesss
12:19 Boppanna : Shai how much significance do you give to yesterday’s spike holding in NF?
12:20 Raunaq : it is on vwap but no folloup
12:20 Raunaq : follow*
12:20 Ankush Jain : do the charts show total vol?
12:20 Rajesh G : UG when did u enter that 21.5ce
12:20 Ketan : vishnu., that 10300 was only for 4-5 trading days., this one., including today is 10 trading days withing same big composite., only bnf has really moved away from last weeks composite of 22550
12:21 Aditya09 : yes ug what made you go long
12:21 Vishnu : yes the move sma elike some resemblance i felt
12:21 Vishnu : yes
12:21 Uttam : 494 was yesterday selling tail in it so had marked on my charts as ref
12:21 Vishnu : seems hdfcbank resuly will be turnaround
12:21 Rajesh G : ok
12:21 Vishnu : whn tht result hdfcb ?
12:22 Uttam : 555 can come in it
12:22 Sumeet : hdfcb – satur evening
12:23 Vishnu : ok
12:24 Govind : COngo Uttam and to all in green
12:25 Uttam : nice balance in both
12:25 Uttam : OAOR – emotional capital
12:27 Shai : not a lot, cos it was short covering . Game begins when we entre that profile – (12:19) Boppanna : Shai how much significance do you give to yesterday’s spike holding in NF?
12:28 Shai : Bias rules guys of the MarketProfile before we go into weekly close. anyone?
12:28 Shai : All dozed off?
12:28 Shai : lol
12:29 Uttam : 🙂
12:29 Ankush Jain : recollecting
12:29 Jitender : all tryn to open UGs report fr weekly VAs
12:29 Rahul : Jit 1+
12:29 Rahul : haha
12:29 Avinash : Open type/ Vwap/ RE
12:29 Chandrashekhar : Open
12:29 Chandrashekhar : Vwap
12:29 Chandrashekhar : RE
12:29 Boppanna : OAOR so wait fo RE
12:29 Chandrashekhar : Open placement – Vwap – RE….
12:30 Shai : ++
12:30 Vishnu : already re done A singles . need ggood volume
12:30 Chandrashekhar : waiting for RE now
12:30 Shai : NF is abv vwap mostly
12:30 Shai : opens are neutral
12:30 Shai : bias goes with the extension
12:30 Chandrashekhar : +1
12:31 Uttam : 13 more mins BNF has to repaor those poor highs
12:37 Nirmal : shai we shud wait for killer K
12:37 Nirmal : otherwise locals enjoying 5 10 rs like vaada pav …
12:38 Nirmal : tunga paradise me khana aaj nahi milega kya ? SAI PALACE or tunga paradise in mumbai chakala east
12:38 Sachith : H can be the K today ???
12:39 Nirmal : manchurian gravy ..dal fry jeera rice n kadai panner missing
12:39 Nirmal : tandoori rotu
12:39 Nirmal : roti
12:39 Nirmal : 🙂
12:39 Boppanna : No pre-empting just follow the screens
12:39 Maxis : short bait.
12:40 Uttam : 4 more mins
12:40 Uttam : je baat
12:40 Uttam : lets go
12:41 Uttam : 549 so far – (12:22) Uttam : 555 can come in it
12:41 Boppanna : claps Uttam
12:41 Uttam : _/\_
12:41 Chandrashekhar : +1 Uttam
12:41 Uttam : still long way to go
12:41 Chandrashekhar : you have been biased long since open i believe
12:42 Uttam : abhi to party shuru hui hai
12:42 Uttam : 556
12:42 Uttam : that 21500ce hits
12:42 Nirmal : 10834 printed
12:42 Nirmal : spot
12:42 Uttam : 77k green at top in NF
12:42 Chandrashekhar : 1.8 lac red…0’s above, 77K green at top
12:42 Ankush Jain : so many 0s & 1lk seller in NF
12:42 Rahul : 76K green alone now ?
12:43 Rahul : at top ?
12:43 Nirmal : my job done ..may be sbi will more in closetoday
12:43 Nirmal : go up *
12:43 Shai : 2 players opp each other there
12:43 Shai : one is 107k sell and other is 76k buy
12:44 Shai : 10790 sl can do 10850
12:44 KK : there was a 75 K green appeared and then lost at 10829 ?
12:44 KK : anyone else saw that.
12:44 Shai : got neutralises
12:44 Maxis : ya
12:45 Chandrashekhar : yes..was looking for it in 5 min charts..missing now
12:45 Rahul : yes
12:45 Maxis : no trade Shai?
12:45 KK : I actually took a short at 820 seeing that.. and then removed after Shai call ..:)
12:46 Shai : we take a long abv 826
12:46 Adi : 00’s above 820
12:46 Shai : yes
12:46 Rahul : aboev 000
12:46 Maxis : ok
12:47 Uttam : 556.1 high in this bounce so far that 21500ce – (12:22) Uttam : 555 can come in it
12:47 Uttam : above that can give 616 & 690
12:47 Shai : Afrernoon is promising heavy volatility
12:47 Uttam : Bops need to yield his hammer
12:48 Shai : stay fresh and clear
12:48 KK : I was hoping to see HDFCBK above 1080 and stay with it till EoD
12:48 Nirmal : yes shai ..will have neem face wash
12:49 Maxis : 25
12:50 Maxis : check old invetrory
12:51 Rahul : Seems bulls just went and check how bears are doing ?
12:51 Shai : 10790 supp
12:52 Ankush Jain : with 0s at top & i.85 lk seller, is ita short trade below vWap?
12:52 Ankush Jain : we have IS too
12:52 Maxis : bad job by buyers
12:53 Chandrashekhar : Speedo below 80-90 since morning..no trade so far
12:53 Prashant : On 0-0, if nothing traded there, how did price reach there?
12:54 Maxis : RB, now wait for IB
12:55 Shai : Good Question Prashant- (12:53) Prashant : On 0-0, if nothing traded there, how did price reach there?
12:56 Shai : was quated at 1029 but sellers dropped the bid there
12:56 Shai : could still be 1 or 2 ticks done there
12:56 Shai : the system is set to ignore world
14:13 K2dt : wow Nirmal..
14:14 Avinash : 🙂
14:14 K2dt : 😀
14:15 Nirmal : bhai jyada hero nahi banna mujhe
14:15 Vishnu : :)))
14:15 Nirmal : lets be humble
14:15 Uttam : BNFs tunr to spike?
14:15 K2dt : yes UG looks like
14:15 Maxis : chaart?
14:15 Maxis : stuck anyone?
14:16 Prashant : stuck
14:16 Avinash : Yes stuck
14:16 Chandrashekhar : stuck
14:16 Maxis : already 4 mins stuck
14:16 Indronil : 10870 possible by eod ?
14:16 Chandrashekhar : Shai that 2.3 lac sell order..is that a mix of orders?
14:17 Chandrashekhar : or buyers moving out?
14:17 Chandrashekhar : not able to make sense here yet
14:17 Chandrashekhar : please advice
14:17 Avinash : Speedom still @80
14:17 Shai : mix of ordes
14:17 Maxis : that’s also an LLT Chandar
14:17 Adi : I think inventory adjustment going on
14:17 Uttam : lets have an extenion handle in BNF
14:18 Uttam : K for killer move
14:18 Shai : 1815 tight sl here for close
14:18 Shai : or book out
14:18 Shai : As data is uneven
14:18 Maxis : 10815?
14:18 Nirmal : infy will wake up now or next week..
14:19 Nirmal : i renter at 899
14:19 Shai : 10815*
14:19 Avinash : RIL paused
14:19 Vishnu : nirmal kindly avoid stock discussion here. do it in slack
14:21 Uttam : BNF ka time aa gaya?
14:22 Tejpreet : nirmal you can use longterm stocks channel for any stock discussion on slack.
14:22 Maxis : u telling us or asking us UG?
14:23 Nirmal : ok
14:23 Nirmal : tej sir
14:23 Rajesh G : UG even i get confused sometime
14:24 Tejpreet : Nirmal there is only 1 sir in the class we are all students.
14:25 Rajesh G : shai what was the logic for reliance call above 1888
14:25 Rajesh G : MP chart or OF
14:26 Jitender : 3 mins 2 the last hr of fry day
14:27 Tejpreet : Uttam all set to fire up bn
14:31 Nirmal : ok biradar tej
14:32 Nirmal : mere liye to aap sab log sir ho ….i m lowest knowledge here
14:33 Rahul : howering around this levels now, distribution or accumulation by big players ?
14:39 Adi : chart stuck
14:41 Amit Jain : yes
14:41 Uttam : 25k green at 21740
14:41 Uttam : chale chalo
14:42 Uttam : je baat
14:43 Tejpreet : Uttam +100
14:43 Uttam : yeh dil maange more
14:43 Tejpreet : minimum 925 bn
14:44 K2dt : 150 paar kara de 800ce
14:44 Uttam : extension handle nahi aaya abhi tak
14:45 Shai : I had mentioned on tuesday clsoe at 1800 that it would revisit scene of crime – (14:25) Rajesh G : shai what was the logic for reliance call above 1888
14:45 Uttam : good boy
14:45 Shai : 10890 doable on close
14:45 Uttam : new highs kahan hai BNF
14:45 Chetas : reliance trgt? 1975?
14:46 Shai : intra day was 1912
14:46 Ketan : +1 shai
14:46 Shai : 1912- (14:05) Shai : 1920 visisb;e(14:05) Shai : sl of 1856
14:47 Indronil : can NF be carried forward for next week ?
14:47 Uttam : aa gaya new highs
14:47 Uttam : boom boom
14:47 K2dt : UG :)))))
14:48 Shai : vol expanding
14:48 Shai : this will fry bears
14:48 Uttam : 690 in that 21500ce please
14:48 Shai : get in 10900 ce 86
14:48 Shai : sl of 77
14:49 K2dt : tgt chief?
14:49 Shai : tgt is big abv 92
14:49 Shai : if this oppen up in close
14:50 Shai : 10890 to watch NF
14:50 K2dt : +1 chief
14:51 K2dt : what is the speedo at for NF chief? 5 min not working for me
14:51 K2dt : 10900 darshan karvao aaj to Uttam 🙂
14:52 Uttam : 22k will be nice
14:52 Nirmal : big how much shai
14:54 Shai : 10844 sl into close
14:54 Shai : last 30 mins
14:54 Shai : stay guarded
14:54 Shai : both sides open
14:59 Ankush Jain : 92 coming in 10900 ce
15:00 K2dt : boom
15:01 Uttam : 21912
15:01 Uttam : 22k pleaqse
15:02 Ankush Jain : prev high 10879 few days ago
15:02 Uttam : FA revisit
15:03 Ankush Jain : yes
15:03 Ankush Jain : so this FA has been tagged
15:04 Shai : 10 mins to push abv 104 in 10900 ce and 10890 in NF
15:04 Shai : else we exit
15:05 K2dt : badhiya trade to end the week…126-151 10.8kce
15:05 Nirmal : infy 900=-903
15:06 Nirmal : lets go to 11k in a ziffy
15:09 Tejpreet : 925 bn i am done, tks Uttam
15:10 Uttam : congo Tej
15:10 Uttam : get that 690 also now in that 21500ce
15:10 Chetas : so NF already mad new high?
15:10 Ankush Jain : 12400 is far away
15:10 Chetas : new retrace high
15:10 Shai : Book NF 10882 book 10900 ce at 94.5
15:11 Vishnu : worth carrying ce shai?
15:11 Shai : no
15:11 Tejpreet : i was in monthly from 750 last exit at 852
15:11 Tejpreet : 215 ce
15:11 Avinash : +1 Tej
15:11 Shai : if no gap up Mon we reverse
15:11 Shai : think the market is working on some positive news
15:11 K2dt : +1 chief
15:11 Shai : but big guys are sure it is not there and are selling in
15:12 Tejpreet : vaccine news over the weekend , wht else 🙂
15:12 Shai : 🙂
15:12 K2dt : so we r still in a 2 way mode chief?
15:12 Ankush Jain : 10900 ce at 100
15:13 Maxis : Big guys r right. IMO
15:13 Chetas : after my exit it moved
15:13 KK : booked BNF at 21978 from 21705.
15:13 Shai : The buggers left it for the last min- (15:04) Shai : 10 mins to push abv 104 in 10900 ce and 10890 in NF
15:13 KK : HDFC bk 1080 above guided
15:14 Vishnu : 21940sellers not seen here shai
15:14 Shai : Anyways I am not complaining
15:14 Shai : has bbeen a good week
15:14 Shai : hope everyone had a good 1 too
15:14 Rahul : But i m 🙂
15:14 K2dt : 🙂 nor are we chief
15:14 Tejpreet : Doesn’t matter chief we did a pretty good job today !!
15:14 KK : thanks. bye everyone..have a good weekend
15:14 Uttam : 22k aaya?
15:14 KK : yes
15:14 KK : +1 UG
15:14 Vishnu : yes shai super week
15:14 Shai : ++
15:14 Ketan : +1 shai
15:14 Tejpreet : Uttam chases bn with full passion 🙂
15:14 K2dt : UG rocks
15:14 Aditya09 : yes very good mtm wise nd learning wise also
15:15 Uttam : 21500ce 540-690 one trade done
15:15 Adi : +1
15:15 Uttam : levels rock
15:15 Uttam : thanks Tej
15:15 Adi : Bye all. Good weekend
15:15 Uttam : 772 next in that 21500ce
15:15 Boppanna : Bingo Uttam
15:15 Ankush Jain : still rising
15:15 Uttam : awesome BNF
15:16 Shai : he does- :)- (15:14) Tejpreet : Uttam chases bn with full passion 🙂
15:16 Ankush Jain : tagging 3 IB in NF?
15:16 Shai : Good 1 Uttam
15:16 Uttam : thanks Shai _/\_
15:16 Uttam : 772 coming in that ce
15:16 Vishnu : one trade holded bnf from morning and dt done
15:16 Tejpreet : 3 ib done
15:16 Uttam : 22116
15:16 Ankush Jain : it was a Normal variation day?
15:16 Amit Jain : UG rocks \_/
15:16 Uttam : spike close
15:18 Tejpreet : loks like someone got HDFCBANK excel sheet.
15:18 Uttam : 🙂
15:19 Uttam : nice smooth auction BNF did – : a) BNF needs to sustain above 21573 for a rise to 21659 / 21740*-786 / 21835-860 / 21925-22002 & 22055-116
15:20 Ankush Jain : 114
15:20 Uttam : morning OL did not break & A period singles were defended
15:20 Uttam : 22116
15:20 Uttam : 9 mins to go
15:21 Uttam : 21500ce 772 also pending
15:21 Uttam : both can come togehter
15:22 Uttam : that 21500ce gave a FA at lows today
15:22 Ankush Jain : 10900 ce
15:22 Ankush Jain : look at that
15:22 Chetas : 3 xIB
15:22 Shai : yes
15:22 Shai : move came late
15:22 Shai : was expecting this before 3.15
15:23 Ankush Jain : markets always surprise u
15:23 Shai : Anyways
15:23 Chetas : when nifty future made higher retrace high, that was a clue,
15:23 Shai : Acan’t bag everything
15:23 Ankush Jain : can carry short PE?
15:24 Uttam : 22075…41 more to go
15:24 Uttam : 21500ce 745 high so far
15:27 Tejpreet : Dpoc stil way down in both
15:27 Shai : RIL 1918
15:27 Uttam : spike close Tej
15:27 Uttam : so gap up de rahe ho?
15:27 Shai : was the guy who turned it around
15:28 Maxis : shai, u cloed Join room?
15:28 Uttam : new highs BNF
15:28 Shai : not open?
15:28 Maxis : no screen/ charts
15:28 Uttam : 757 21500ce
15:29 Maxis : wanted to see the speedo. What’s the reading
15:29 Maxis : ?
15:29 Tejpreet : Yes Uttam above 11k spot possible but going nil
15:29 Shai : should ne live again
15:29 Shai : sppedo 85
15:29 Maxis : ok TY
15:29 Shai : Tc all
15:29 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all !!!
15:29 Tejpreet : Bye All
15:29 Uttam : thanks All 🙂 have a lovely weekend
15:29 Shai : have a good evening and a safe weekend
15:29 Vineeth : Maxis been llike that for more than 20 mins and i tried opening and closing also as i too wanted to check the speedometer
15:29 Uttam : be safe
15:29 Shai : rest well and we see you bright on Mon
15:29 Aditya09 : BYE ALL
15:29 Sumeet : Thanks guys. Great learning week
15:30 Manikandan : Bye all
15:30 Avinash : Bye everyone
15:30 Maxis : No probs Vineeth.
15:30 Maxis : Will work something with Chief and try to get the speedo here in this room.
15:32 Vishnu : bye all
15:32 Amit Jain : bye all
09:09 Shai : (09:06) Shai : Ref line for the open is again at 10815 like tuesday(09:07) Shai : yesterday’s upmove was driven up on early longs at 10615 and late shortcovering abv 10700(09:07) Shai : if IB’s don’t show up at open, it can fail again like tuesday(09:08) Shai : 10750 early supp for open(09:08) Shai : BNF 22450 was supply for 2 days and overcome in yesterday’s SC move(09:08) Shai : 22450 ref line for open(09:08) Shai : 21750 is higher supply zone(09:09) Shai : 21310 lower supp
09:12 Uttam : a) NF needs to stay above 10710 for a rise to 10740-769 / 10793-818 & 10845-879
09:12 Uttam : b) The auction below 10710 can test lower levels of 10683 / 10650-626 / 10597-580 & 10556*
09:12 Uttam : a) BNF needs to sustain above 21573 for a rise to 21659 / 21740*-786 / 21835-860 / 21925-22002 & 22055-116
09:13 Uttam : b) The auction accepting below 21543 could test 21490-450 / 21360-300 / 21210-160 & 21100-021