A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an Order Flow chart.
Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.
NF
BNF
Room Chat
09:49 Shai : (09:49) Shai : BUy BNF 50%25 qty at 30480 sl of 30370 tgt 30644/ 30700
(09:49) Shai : 50%25 size
10:52 Shai : (10:52) Shai : BNF at 30525. Book half size here of the trade
11:07 Shai : (11:07) Shai : Book fully the BNF trade
12:15 Shai : (12:15) Shai : Intra – Buy NF 11741 sl of 11714 tgt 11770/ 11790
13:12 Shai : NF 11742. exit the longs at cmo .
Those who want to hold can trail at 11729F the trade
13:27 Shai : (13:27) Shai : short NF 11731 sl of 11758 tgt 11694
14:02 Shai : (14:01) Shai : update- Move TSL of the NF short lower to 11744 F from 11758. cmp 11727. slow moving day today
14:45 Shai : NF 11709. Book the short trade
09:01 Vtrender Live : options screen- https://join.me/506-194-106
09:02 Shai : GM all
09:03 Shai : https://vtrender.in/market-profile-analysis-dated-14th-june/
09:03 Anubhav null : gm
09:03 Krishan : gm
09:03 MJ : Good morning Shai and everyone.
09:03 Shai : https://vtrender.in/weekly-charts-10th-june-to-14th-june-and-market-profile-analysis/
09:05 Thanika : GM all
09:05 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/261339829
09:05 Sujeet : screen nt visible
09:07 Chandrashekhar : GM all
09:07 Chetan Panchal : gm
09:08 Sujeet : COT ws postve last 30 mins.. gud divergence for a bounce
09:08 Ramakanth : the option screen is different ?
09:08 Ramakanth : or something ?
09:11 Ramakanth : Good morning all
09:11 Ramakanth : thats fine i am good
09:11 Bhupinder : Good Morning
09:12 TP : GM All.
09:13 Sandip : GM All
09:13 Rajan : Good morning to all
09:14 Govind : NF below spike low
09:14 Govind : and BNF
09:15 Govind : Vix up 5%
09:18 Anubhav null : short trade?
09:18 Govind : Wait for Shai
09:18 Sujeet : seeing COT if we has BTST ..sl wd hv easily..so MP is heart..
09:19 MJ : Spike rules at play.
09:19 Govind : COT turning -ve now
09:19 Shai : weak below 11830F
09:19 Shai : today
09:20 Anubhav null : some greens at alows
09:20 Shai : 11784 supp 1
09:22 Sujeet : 786 low
09:27 Shai : Buyers are not in yet
09:27 Shai : COT is negative from open
09:27 Sujeet : why d COT ws postve at end..strange
09:27 Uttam : 11749 is 1ATR from the weekly FA of 12023
09:29 Kiran : chart not refreshing
09:29 Sandip : yep Uttam, Im also looking at arnd similar levels
09:30 Uttam : hypo2 done in both
09:31 Shai : charts are fine?
09:31 Govind : Yes
09:31 Uttam : yes Shai
09:32 Govind : Uttam, why black today?
09:32 Govind : Need you in green..:)
09:32 Uttam : other laptop acting cranky so yet to login as moderator 🙁
09:33 Shai : allowing the auction to settle here
09:33 Govind : Oh ok.
09:33 Shai : bias remains down below spike lows
09:33 Boppanna : 11760 Spot still the number to watch Shai?
09:33 Boppanna : *zone
09:33 Shai : 11738 intra allowance
09:34 Shai : yes
09:34 Boppanna : thx
09:34 Uttam : 11725 is the 1atr move
09:37 Uttam : 11730 is a weekly vpoc too in spot
09:38 Shai : yes
09:38 Shai : usdinr move has the market worried
09:38 Shai : almost 70 again
09:40 Sandip : options were pretty strong since morning, but spot needs to support again downwards
09:41 Chetan Panchal : 0 s
09:42 Chetan Panchal : COT turnng +
09:43 Govind : 11800 wekkly CE OI is up almost 55% this morning
09:44 Sandip : Yes Govind, stong writing over there
09:45 Anubhav null : bnf abive wap can bounce
09:45 Govind : Big boys want this to go down Sandip?
09:45 Sujeet : same was last week on 30800 call and market just boom to 31k .. OI dsnt tell real picture..at EOD nly its helpful
09:46 Sandip : Yes looks like it
09:46 Sandip : atleast till 11750
09:47 Sandip : NF
09:47 Govind : ok
09:47 Sujeet : bnf greens
09:49 Amit : hello
09:49 Uttam : Good Morning All 🙂
09:49 Sandip : Not true Sujeet, Intra OI is also quite helpfull when coupled with spot and NF orderflow
09:49 Shai : BUy BNF 50% qty at 30480 sl of 30370 tgt 30644/ 30700
09:49 Shai : 50% size
09:50 Sandip : Hi Uttam
09:50 Uttam : BNF Fridays positve COT continues today also
09:50 Uttam : almost 50k plus as of now
09:50 MJ : Ah now much better Uttam 🙂 your comments stand out.
09:50 Govind : +1
09:50 MJ : Thanks.
09:51 Uttam : 🙂 laptop finally got out of weekend mode 😉
09:51 Sandip : 🙂
09:51 Govind : too many indo-pak memes 🙂
09:52 Sandip : hahah
09:55 Chetan Panchal : 0s in nifty
09:56 Maheshwar : why ths 25275 is not printed in green in nf
09:57 Sandip : small buyer in NF at lows
10:00 Sandip : things slowing down in NF
10:00 MJ : Maheshwar Aggressive Buyer/seller gets printed in green/red.
10:01 Maheshwar : 7125 was green but not 25275
10:02 Sandip : nice im out
10:02 Sandip : 2x Dt in
10:03 Govind : Congrats Sandip
10:03 Sandip : 11897-11857
10:03 MJ : Maheshwar, Aggressive buyers sellers are based on order type. Not the qty.
10:03 Uttam : (09:27) Uttam : 11749 is 1ATR from the weekly FA of 12023
10:03 Sandip : Thanks Govind
10:04 MJ : @uttam add in.
10:04 Uttam : nice Sandip 🙂 congrats
10:04 MJ : Cheers Sandip 🙂
10:04 Uttam : 11797-757 Sandip
10:04 Shai : 11754 place for a boucne in NF if any today
10:04 Sandeep : Think green print comes if the diagonal ratio crosses a level pre-set by Shai. Since 25275 has a 0 diagonally below it, the system skips calculating the ratio
10:04 Sandip : haha yep Uttam
10:04 Sandip : Fat fingers 🙂
10:04 Sandip : Thanks Guys
10:05 Uttam : you seem to have got pretty big quantity Sandip 😉 big greens in NF
10:05 Uttam : 55k almost
10:05 Shai : 25275 had a mix of SL orders hence – (10:01) Maheshwar : 7125 was green but not 25275
10:05 Uttam : yes that 25275 has 0s below it
10:05 Shai : aggarssive orders are market orders
10:06 Sandeep : Whats the diagonal ratio for a colour print ? 1:4 ?
10:06 Ashutosh : 1:3 i guess
10:06 Sujeet : prce fallng COT gettng postve mostly..
10:07 Sandip : These 25k, 27k and 26k in NF are new buyers…but medium quantity
10:07 Uttam : ohh they are not your cover orders 😉
10:07 Maheshwar : ok shai sir
10:07 Sandip : rulayega Uttam aaj mujhe xD
10:08 Hardik Jikkar : Red and green numbers are imbalances. What about green and red borders?
10:08 Ashutosh : guys Long bias ?
10:08 Hardik Jikkar : See 9.55 candle. It hass red and green border.
10:08 Uttam : _/\_ Sandip 😉 just kidding
10:09 Sandip : 🙂
10:11 Chetan Panchal : nf big numbers are RB >
10:18 MJ : C side? ext?
10:20 Shai : higher set of imbalances – (10:08) Hardik Jikkar: Red and green numbers are imbalances. What about green and red borders?
10:20 Shai : we have 3 sets actually – the bands are the highest
10:20 Hardik Jikkar : got it. Thanks shai sir
10:20 Shai : print is set at 300%- (10:06) Sandeep : Whats the diagonal ratio for a colour print ? 1:4 ?
10:21 Sandeep : Tx
10:21 Shai : not number , % diff
10:21 Shai : BNF looking for a bounce here hence the long trade- we are trading the zone of May 23 reversal
10:22 Shai : that snap back started from here and we never looked back till today
10:22 Shai : 50% qty because we are still in responsive mode and the initiative buyer not yet here
10:22 Sandip : BNF Cot also better than NF Cot
10:23 Shai : should take out vwap for it to climn today
10:24 Shai : 30396- 30400 zone is a strong supp for the auction in BNF
10:24 Uttam : NF is not letting BNF also t bounce
10:24 Chetan Panchal : w ehave green and red bands too
10:25 Uttam : yes bands are the highest form of imbalance
10:25 Sandip : options downwards side movement in NF getting slowed down sa compared to first 45 mins
10:26 Sandip : maybe some 15-20 pts move still remains…will not trade it though..will look for better buying level
10:30 Himanshu : PM addressing press – today 1st Session of New Team
10:30 Himanshu : Somehow he always evokes hope –
10:35 Himanshu : Advising press to be positive wibe creator instead of looking for only TRP
10:36 Chetan Panchal : lol
10:37 MJ : C low 11754.15 /\ (10:04) Shai : 11754 place for a boucne in NF if any today
10:47 Sandip : looks lsike we are gonna head lower from 11767…unless we break above 11798
10:48 Govind : Sandip, OI in 11800 CE is up around 72% now
10:48 Sandip : yep
10:49 Sandip : other options build up has slowed also.. but is slow and steady ..in these small 15 pt upmoves…maybe a 11740 break remains..
10:50 Ashutosh : boom
10:52 Himanshu : let it now go to 12K – NF by tom
10:52 Govind : Hope it tests the spike highs
10:52 Shai : BNF at 30525. Book half size here of the trade
10:52 MJ : +1 cheers shai.
10:53 Sandip : +1 Shai
10:53 Jitender : Uttm..69 Maruti PE cost 103 odd approx….booked 260….all tgts done 🙂
10:53 Govind : +1 Shai
10:53 Jitender : +1 Shai
10:54 Shai : Vol is not good for 640 but we may get 580
10:54 Govind : Ok Shai
10:54 Sujeet : ok
10:55 Uttam : +1 Shai nice trade
10:55 Gaurav : NF needs a push above vwap for more upside
10:55 Uttam : super Jit 🙂 congrats on riding the full move on Maruti
10:56 Shai : +1- (10:53) Jitender : Uttm..69 Maruti PE cost 103 odd approx….booked 260….all tgts done 🙂
10:56 Jitender : yr lvls .:)
10:56 Jitender : tx gentlemen
10:58 Shai : BNF may pop up now’
10:59 Shai : Vol coming
10:59 Uttam : yes more than 1L in last 10mins
10:59 Shai : morning shorts cornered
10:59 Uttam : greens at VWAP with 0s
10:59 Shai : 24+13K COT
11:00 Uttam : +1 30470 sup now Shai?
11:00 Shai : 30465
11:00 Uttam : thanks 🙂
11:00 Shai : just below the 0’s
11:00 Uttam : yep got it
11:00 TP : Any IT hardware guy in room , have a query posted in random channel slack.
11:01 Shai : should hold for dat
11:02 Rushabh : shai we almost held 11760, whats the view?
11:02 Abhishek : i Joined today.. anyone who will explain how to read the charts ?
11:02 Shai : Month is still sideways Rushabh
11:03 Shai : but work needs to be done
11:03 Rushabh : Oh okay
11:04 Shai : Anhishek, go through your welcome kit, it is already documented in detail there
11:04 Abhishek : ok
11:04 Govind : Welcome to the Room, Abhishek!
11:07 Shai : Book fully the BNF trade
11:07 Maheshwar : shai sir is there any video on COT by you
11:08 Shai : I go as Shai , nothing before nothing after 🙂
11:08 Maheshwar : ok
11:08 Shai : For COT look up #learning strategies
11:09 Shai : on slack
11:09 Maheshwar : ok
11:11 Sandip : This upmove in Nf, was not sstrong enough..options still holding downside momentum for now..unless 11797 breaks
11:12 Sujeet : looks like new low
11:13 Sujeet : @shai..11660 ur view below 11770?
11:13 Sandip : 🙂
11:14 Shai : 11730/ 11710 is we break IBL
11:15 Shai : BNF gave back too much
11:16 Sujeet : okk
11:16 Chetan Panchal : bnf high YC
11:17 Kiran : what is yc?
11:18 Chetan Panchal : yesterdays close
11:26 Uttam : small RB coming in NF at 11760 looks like
11:27 Uttam : poor lows there in NF though
11:29 Ramakanth : RB is range break ?
11:29 Uttam : responsive buying
11:29 Ramakanth : oh ok
11:29 Ramakanth : thx
11:29 Uttam : supply persissting
11:30 Shai : who is doing a bad jon here – on intra day perpective?
11:30 Ramakanth : ok
11:30 Sandip : Buyers Shai
11:30 Shai : (11:30) Shai : who is doing a bad job *here – on intra day perpective?
11:30 Maheshwar : sellers
11:30 Chetan Panchal : buyers . COT up but not sustaining
11:30 Sandip : 🙂
11:30 Narendra : Buyers
11:31 Sujeet : Yes price down…tough fr buyers to hold
11:32 Himanshu : Sellers – Chief
11:32 Uttam : 11751 new low in NF
11:33 Uttam : (09:27) Uttam : 11749 is 1ATR from the weekly FA of 12023
11:33 Uttam : 11749 tagged
11:33 Uttam : weekly FA rocks
11:33 Sandip : oh yeaa
11:33 Sumesh null : the,
11:34 Sandip : 75% out 3 DT in total
11:34 Sandip : + 1 Uttam
11:35 Uttam : (11:27) Uttam : poor lows there in NF though….repaired
11:35 Uttam : some late reds could get stuck here in NF?
11:36 Ram : What is FA
11:36 Anubhav null : yeah looks like
11:36 Uttam : Failed Auction @Ram
11:36 Ram : Thanks Uttam
11:36 Uttam : 🙂 welcome
11:37 Sandip : Yes uttam, I dont like them stuck reds as well 🙁
11:37 Sandip : they making the mkt grind
11:37 Uttam : (09:34) Uttam : 11725 is the 1atr move(09:37) Uttam : 11730 is a weekly vpoc too in spot Nifty Spot low so far 11736
11:38 Govind : +1….11:33 Uttam : weekly FA rocks
11:39 Uttam : d) Below 11770, lower levels of 11750-745 & 11722-710 could be tagged….NF low so far 11745 to the dot
11:50 Uttam : (11:30) Shai : (11:30) Shai : who is doing a bad job *here – on intra day perpective?…it is the sellers Shai? unable to make a range extension lower & extend IB inspite of A period singles
11:54 Boppanna : I feel buyers had the morning sellers cornered in BNF but gave vwap and DLos testing npw
11:54 Boppanna : *now
11:54 Boppanna : so buyers doing a bad job?
11:56 Uttam : in BNF it was Bops but NF morning singles got tagged & immediately rejected
11:57 Uttam : BNF also rejecting from the monthly IBL of 30562
11:57 Jitender : the rise BoP at 10.40ish was due to sum fryday’s sellers cvrn…as Shai said tere hasnt been much buyn so far n the first rise was sold in2
11:58 Boppanna : ok thx Uttam & Jit
11:59 Uttam : NF got rejected from VWAP & BNF from that monthly IBL so PLR to the downside
12:00 Uttam : BNf finally completes hypo 2 in a grind
12:00 Uttam : took ages to tag 30400
12:01 Uttam : 10k red in BNF at lows
12:02 Uttam : longs SL or initiative seller?
12:03 Boppanna : That 30200pe 155-160 on watch
12:03 Uttam : BN Spot completes the 1 ATR move down from weekly FA of 31399
12:03 Uttam : 30386 it was
12:09 Sandip : nice
12:09 Sandip : aalout ..rest 25%
12:09 Himanshu : 68K green
12:09 Himanshu : 10K stuck I guess
12:10 Himanshu : uttam those green is profit bookng
12:10 Himanshu : or new buyer
12:11 Uttam : mix of orders that 68k looks like
12:11 Uttam : 0s at lows
12:11 Uttam : Nifty Spot completes the 1atr also now 11722 low
12:12 Sandip : Sellers were always better than buyers today…(10:47) Sandip : looks lsike we are gonna head lower from 11767…unless we break above 11798(11:11) Sandip : This upmove in Nf, was not sstrong enough..options still holding downside momentum for now..unless 11797 breaks
12:12 Narendra : Shai Sir if we close below 11760 today then what are the lower targets we can expect for this series?
12:13 Uttam : (11:14) Shai : 11730/ 11710 is we break IBL
12:13 Govind : 11710 please Uttam 🙂
12:13 Uttam : 11716 is 1.5 IB
12:13 Sandip : Yep, 65k is part buyer, part srt covering
12:14 Uttam : COT moving higher in both
12:15 Shai : Intra – Buy NF 11741 sl of 11714 tgt 11770/ 11790
12:15 Uttam : some stuck sellers & positive COT reason for the buy call Shai for a tag to VWAP?
12:16 Uttam : profile wise also looks like making another ‘b’
12:16 Shai : yes auction looks complete with the 0’s and ready to test vwap
12:17 Uttam : +1 thanks Shai
12:18 Uttam : it is the sellers who were doing a bad job today Shai?
12:23 Shai : auctions start and auctions complete – It pays to know when auctions complete
12:23 Shai : we find it through 0’s on the chart whick means the auction did not find new business
12:24 Ramakanth : thnx
12:24 Shai : Most of the other orderflow paltforms will never show you this basic tenet of the orderflow
12:24 Ram : thanks @shai
12:24 Uttam : +100 Shai
12:24 Thanika : thanks Shai for the explanation
12:26 Govind : Shai, is it true that a majority of hedge funds use OF in their trading desks?
12:26 Shai : it has a short life span though and is to be used only for quick entries or exits
12:26 Shai : there is always a bugger time frame lurking in the market
12:26 Shai : bigger*
12:27 Shai : that 30488 F 0’s created that upmove to 30568 earlier in BNF but was broken and is now a supply for 90 mins and counting
12:32 Maheshwar : (12:24) Shai : Most of the other orderflow paltforms will never show you this basic tenet of the orderflow. shai if it is showing 0 , then if no trade has happened thr, then how of is showing it
12:33 Anubhav : shai i was wondering why no short at morning was given even tho we broke spike lows at 11815?
12:39 Shai : @Maheshwar all ticks are never captured fully
12:40 Shai : Anunhav the NF short was right but I was also ooking at a long in BNF. would have confused the newbie traders and we had to choose 1
12:40 Sandip : IS the chart lagging?
12:41 Uttam : yes just refreshed
12:41 Sandip : cant see the new day low
12:41 Anubhav : ok thnx shai
12:41 Sandip : Thanks Uttam
12:41 Uttam : 30353 in BNF is here so is Shai’s 11730
12:42 Sandip : +1 Shai
12:44 Shai : Niot mor ethan 20 point bounces all morning
12:44 Shai : H and I periods can onloy change that
12:45 Shai : window is 45 mins now for vwap
12:47 Sandip : 11725 sl hit would have been good for that upmove towards vwap
12:48 Shubro : wish granted (almost) sandip
12:48 Anubhav : reds at lows again
12:51 Chetan Panchal : bnf tagged election day low
12:52 MJ : Yes chetan.
12:54 MJ : I was watching https://mplite.vtrender.com/?symbol=bankNIFTY&startDate=23-05-2019&nDays=41&tpo=3&isComposite=1
12:58 Rajiv : Shai is the NF long call in?
12:58 Shai : Awesome MJ
12:58 Shai : yes- (12:58) Rajiv : Shai is the NF long call in?
13:00 MJ : Thanks chief.
13:00 MJ : As a practice, side window has a larger composite open on the instrument I trade.
13:00 MJ : Thanks to Suyog and you.
13:01 MJ : for mplite.
13:06 Sujeet : buyers still missing?
13:07 Rajiv : JIT BNF kharido!! Only then we will see a recovery
13:08 Sujeet : yes i see bnf spike more furious today than NF
13:09 Anubhav : here goes
13:09 Abhishek : icici will lead it, looking strong
13:09 Sujeet : spike bnf
13:11 Sujeet : again cdnt spike abve vwap
13:11 Shai : NF 11742. exit the longs at cmo .Those who want to hold can trail at 11729F the trade
13:14 Sandip : NF day cot down..but bnf is still holding
13:15 Chetan Panchal : we are not able to enter IB zone. IBL resisting
13:15 Himanshu : RB in nF
13:17 Sandip : Himanshu where rb?
13:20 Sujeet : `looks like new low cmng
13:21 Shai : shoukd break lows yes
13:23 Anubhav : below dlo…11600 singles tgt then?
13:23 Sujeet : came
13:24 Sandip : noice
13:25 Anubhav : red stuck?!
13:25 Sandip : Shubro ne ghaseet hi di bhains paani mein xD
13:26 Sujeet : yes
13:26 Sujeet : now might spike
13:26 Shubro : bhains sigh!!
13:27 Shubro : aaj scuba mood since morning looks like
13:27 Shai : short NF 11731 sl of 11758 tgt 11694
13:28 Shai : risk of a spike is there still but NF buyers have disappointed all day and not coming in
13:29 Shubro : that 11800 combo tured from 122 now 139
13:29 Shubro : *turned
13:31 Shubro : any bad news being priced in ?
13:31 Sandip : This right here was the correct answer to who was notdoing a good job.(13:28) Shai : risk of a spike is there still but NF buyers have disappointed all day and not coming in
13:34 Sandip : buyers were there..but never good enough
13:34 Uttam : 47k red at 11726 in NF – stuck seller?
13:35 Sandip : yes Uttam
13:38 Uttam : NF yet to tag 1. 5 IB though has been OTF down since open apart from that pull back in D
13:39 Anubhav : 11700 spot holding for now look like
13:39 Uttam : I still feel it is the sellers who are still doing a bar job here
13:39 Uttam : bad*
13:39 Shubro : screen gone
13:40 Sandip : true…but buyers not doing too good a job themselves..+mass grinding on
13:40 Sandip : screen?
13:40 Uttam : The market direction is down since start to we need to see if the sellers are doing a good job
13:40 Uttam : buyers will have to overpower the supply, go against the trend
13:41 Rushabh : uttam no signs of them and not even in COT
13:41 Uttam : grinding on when the direction should have been down means sellers are finding it tough to probe lower?
13:41 Rushabh : or buyers failing again and again?
13:43 Uttam : first we need to see who is driving the auction
13:43 Sandip : Not really, Grinding is happenning more in CE than it is in PE..Thats another way of looking at it also
13:43 Uttam : the next step is to check if they are doing a good job
13:43 Sandip : Yes Uttam true
13:44 Sandip : sadly the day is filled with medium players
13:44 Uttam : ‘b’ profile on the daily showing that sellers are finding it tough to extend range
13:44 Uttam : poor lows in BNF also suggesting exhaustion
13:45 Sandip : Uttam
13:45 Sandip : These 2 5 min bars in NF having 0’s can be a ledge?
13:46 Sandip : or is the time frame supposed to be more
13:46 Uttam : those stuck reds in NF getting out here looks like
13:46 Sandip : at 11740
13:46 Uttam : 25k greens in this bar
13:46 Anubhav : hmm
13:46 Anubhav : needs to stay above dpoc now
13:49 Uttam : we do have a anomaly in the profile Sandip at that 11754 -750 zone
13:49 Sandip : Thanks Uttam
13:53 Shubro : repeating pattern today no lower lows then resisting and then new lows?
13:53 Shubro : now big reds in 30 min
13:54 Maheshwar : someone mic is on, pls mute it
13:54 Uttam : yes 11736 should hold now
13:55 Uttam : 30k red at new lows
13:56 Uttam : need a high vol bar now in both to lead the afternoon move if any coming
13:59 Uttam : d) Below 11770, lower levels of 11750-745 & 11722-710 could be tagged…NF low so far 11721
14:00 Uttam : d) Below 30400, BNF can probe lower to 30350 & 30285-250…BNF low so far 30351
14:01 Shai : update- Move TSL of the NF short lower to 11744 F from 11758. cmp 11727. slow moving day today
14:04 Uttam : BNF looks like getting ready for a move lower now
14:05 Uttam : needs some more confrimation though
14:05 Chetan Panchal : iv down , pcr down call OI up – happens at support zones
14:06 MJ : That mb top 30422 to watch.
14:06 Uttam : boom boom
14:06 Govind : Spot moving up
14:06 Uttam : yes BN spot stopping the OTF down move
14:07 Uttam : J making higher high
14:07 Uttam : lets see what I has in store
14:07 Boppanna : High 159 12:03 Boppanna : That 30200pe 155-160 on watch
14:07 Uttam : nice Bops 🙂 +1
14:08 Sandip : nf spot also showing signs of small up move
14:08 Chetan Panchal : bnf – FGHJ ledge in making 30440
14:08 Uttam : BNF tags IBL
14:09 Uttam : VWAP also there
14:09 Chetan Panchal : yes
14:13 Ashutosh : i have 30500ce @145 stuck there
14:13 Ashutosh : any advice
14:13 Ashutosh : suggestionn ?
14:13 Ashutosh : 155*
14:14 Govind : What is your SL, Ash?
14:14 Ashutosh : not placed anything
14:15 Ashutosh : may take 135 as sl
14:16 Govind : Ok, I’ll tell you what I’d do and rest up to you. If this trade has lost me money around 1X of my DT, then I would exit immediately.
14:16 Ashutosh : after loss of this thare m up 0.5 DT
14:16 Govind : Overall?
14:16 Ashutosh : up 0.5DT
14:17 MJ : 130 DLO there. Ashutosh.
14:17 Govind : Ok, both indices are going down bro.
14:17 Ashutosh : take 130 as sl?
14:18 MJ : thats my sl.
14:18 MJ : Shai uttam veterans can suggest better.
14:19 Ashutosh : sure thanks MJ
14:19 Anubhav : divergence in traditional tech charts
14:19 Anubhav : a bounce is coming i think
14:20 Govind : PEs gaining faster now Sandip?
14:20 Anubhav : round number support 11700 spot
14:20 Jitender : every bounce 2 420bnf has been sold in2
14:20 Jitender : tats needs to b crossed fr SC
14:21 Ashutosh : boss comes here
14:21 Govind : 11721 holds again, since that 35 k reds at lows Uttam?
14:21 Ashutosh : thanks Jit
14:22 Jitender : boss has a very naughty full form 🙂
14:22 Jitender : Jit is better
14:22 Ashutosh : lol 🙂
14:23 Amit : ha ha
14:23 Sumesh null : jit means just in time
14:23 Anubhav : ek aur koshish by bulls
14:23 Ashutosh : perfect
14:24 Ashutosh : Jit buying ?
14:24 Anubhav : haha
14:24 Anubhav : vwap aayi fir to nf me pakka
14:24 Jitender : no positions as of now
14:24 Jitender : watchn 🙂
14:25 Jitender : 30370-420 range
14:25 Ashutosh : what ? long bias or short ?
14:25 Ashutosh : okk
14:25 Jitender : either side will trade
14:25 Ashutosh : thanks
14:26 Jitender : bnf has been in range / MB since almost 1.45 hrs
14:26 Ashutosh : yes
14:26 Ashutosh : and its 2,30 now
14:29 Himanshu : Uttam – is gona make B profile or Extension Down
14:29 Chetan Panchal : what is bnf vwap ?
14:29 Chetan Panchal : i mean value
14:29 Ashutosh : 20440
14:29 Ashutosh : 30440
14:29 Chetan Panchal : ty
14:32 Anubhav : somegreens again in nf
14:36 Thanika : Is the volume waiting again for L period??
14:38 Shai : BNF weaker
14:38 Shai : can run down to 30260
14:42 Uttam : super timing Shai 🙂
14:43 Amit : daya dlow tod do – NF
14:43 Uttam : 30600ce being written
14:44 Himanshu : Uttam greens in Nf
14:44 Rushabh : NF
14:45 Uttam : 0s in between in that bar Rushabh
14:45 Narendra : RBI Governor’s Statement has definitely dampened the sentiment further …… one more TV Trade 30200PE 132 – 169
14:45 Shai : NF 11709. Book the short trade
14:45 Sandip : bought some nf options for 56….11700 strike
14:45 Rushabh : that mean uttam resistance?
14:45 Shubro : Sndip long or short?
14:45 Sandip : long
14:46 Sandip : CE
14:46 Shubro : hmm
14:46 Shai : 11723 supply if holding
14:46 Sandip : im just looking for 10-15 pts..56-66-70 srts maxx
14:47 Sandip : + 1 Shai
14:47 Uttam : more downside there in both looks like
14:48 Sandip : 88 k looks like a short cover order
14:49 Shubro : yeah down not over it seems
14:49 Sandip : and spot also has give some signs for a small jump up
14:49 Sandip : maybe 20 pts reamining on downside?
14:49 Sandip : maxx
14:51 Uttam : d) Below 11770, lower levels of 11750-745 & 11722-710 could be tagged…done to the dot
14:51 Sandip : Nice 1 Uttam
14:51 Thanika : +1
14:51 Uttam : _/\_ thanks guys
14:51 Govind : Yes Uttam, what would we do without your Hypos man? Thanks
14:51 Shubro : Uttam lol whats below 710?
14:51 Amit : +1
14:51 Govind : 11680 Shubro
14:52 Shubro : waaah
14:52 Govind : 11648 – 640
14:52 Sandip : hahaha
14:52 Govind : after that
14:52 Sandip : lol Govind
14:52 Shubro : hehehe
14:54 Shubro : ok man weird slow day any inputs for a 3:05?
14:54 Jitender : a tv guy took a long bnf ratio ay 370 on a WA grp…told him tat plr is dwn…n we made new lows
14:54 Uttam : Sandip making this bounce
14:54 Uttam : nice Jit +1
14:54 Jitender : but bnf is bck up
14:54 Govind : So that last move was all retail Jit?
14:55 Uttam : yes poor lows being the order of the day since morning
14:55 Govind : Oh, you told him the PLR was down…ok, got it
14:55 Uttam : we have grinded to a 1.5 IB move down
14:55 Jitender : n sum guys cvrn their shrts
14:55 Shai : +1- (14:49) Sandip : and spot also has give some signs for a small jump up
14:56 Uttam : more writing in that 30600ce
14:57 Narendra : Shai Sir if we close below 11760 today then what are the lower targets we can expect for this series?
14:58 Sandip : 11735 would be a good level to close at
14:58 Sandip : above 11735
14:59 Shai : 11610- 626 would give a minor supp below that 11400 – (14:57) Narendra : Shai Sir if we close below 11760 today then what are the lower targets we can expect for this series?
15:00 Shai : yes – (14:58) Sandip : 11735 would be a good level to close at
15:00 Shai : could make it neutral
15:00 Govind : Good for a morning bounce Sandip? 11738 is where we got the zeroes today.
15:01 Uttam : yes ‘b’ profile today in both so that dPOC will be imp reference for tom
15:01 Jitender : 370 held so far
15:01 Jitender : (14:25) Jitender : 30370-420 range
15:02 Uttam : 3:05 move coming Jit?
15:02 Jitender : shld
15:02 Rajiv : jit you mean down?
15:02 Jitender : my stops r at 385
15:02 Uttam : (14:56) Uttam : more writing in that 30600ce
15:03 Ramakanth : uttam how did you know ?
15:03 Jitender : OI
15:03 Uttam : OI increasing big vols & price falling
15:04 Narendra : falling premium and rising OI
15:04 Uttam : break of 99 in that CE was a short
15:04 Ramakanth : thx
15:04 Ramakanth : guys
15:04 Uttam : already 20points down in 30mins
15:05 Uttam : 115 hvn in that CE so if closes above it then BNF can give a bounce
15:05 Uttam : 30300ce&pe both at 190-195 levels
15:06 Uttam : now PE moving up
15:07 Sandip : options through this drop in NF 11728-11702..still looking positive..lets see
15:10 Sandip : Uttam, How are bnf options looking?
15:10 Narendra : (14:45) Narendra : RBI Governor’s Statement has definitely dampened the sentiment further for sure today .
15:10 Chetan Panchal : big COT in nf
15:11 Shubro : SLs
15:11 Uttam : 30300ce OI rising now but still half of what 30300pe has
15:12 Govind : 11680 coming Shubro?
15:12 Narendra : is 11657 any significant level Shai Sir? (50DEMA) Spot NF
15:12 Shubro : consider aa gaya
15:12 Shubro : not today then tomorrow watch closing COT
15:13 Govind : ok
15:13 Shubro : but i am out not holding more
15:13 Shubro : might see SC anytime
15:14 Shai : Levels are significant only if vol is traded- (15:12) Narendra : is 11657 any significant level Shai Sir? (50DEMA) Spot NF
15:14 Narendra : ok
15:15 Govind : Shai, any overnight calls?
15:16 Shai : If in bot short then reduce
15:16 Govind : No, I am all out Shai.
15:17 Shubro : Sandip i am going in small long now
15:17 Shai : strong sell signal in NF
15:17 Shai : looking for a follow up sell
15:17 Shubro : aiyoo
15:17 Shubro : no SC so far
15:17 Uttam : some of the longs exiting Shai?
15:18 Shubro : BOT saying so Shai? alerto is it?
15:18 MJ : Shai that 11523 zone never traded last month. Would love if we say hello to that levels.
15:18 Jitender : nf been a good boy (15:02) Uttam : 3:05 move coming Jit?(15:02) Jitender : shld
15:18 Govind : This last candle has -50k COT
15:18 Uttam : +1 Jit
15:18 Uttam : b profile so PLR was down for a spike
15:18 Shai : Bot ius short in both – (15:18) Shubro : BOT saying so Shai? alerto is it?
15:18 Maheshwar : can we carry short for tomorrow
15:18 Shubro : wow okies (greedy pig here)
15:19 Shai : one rise should come from this close Maheshwar
15:19 Shai : but would get sold
15:19 Uttam : yes better to short the bounce
15:19 Jitender : booked 311 (14:25) Jitender : 30370-420 range(14:25) Jitender : either side will trade(15:02) Jitender : my stops r at 385
15:19 Uttam : congrats Jit
15:20 Jitender : tx
15:20 Govind : Another l(e)arning day
15:20 Shubro : good day so far
15:20 Govind : Yah Shubro
15:20 Uttam : (15:02) Uttam : (14:56) Uttam : more writing in that 30600ce….new day lows in this
15:20 Jitender : +1
15:21 Uttam : 99 to 74 though I exited earlier
15:21 Uttam : 5 more points for that 11680
15:21 Jitender : congrats…gd trade
15:21 Uttam : thanks Jit 🙂
15:21 Uttam : was looking at a low risk one
15:22 Govind : Good one Uttam
15:22 Jitender : i know
15:22 Shubro : but Jit isnt this very oversold now?
15:22 Uttam : f) Break of 11710 can trigger a move lower to 11680 & 11648-640
15:22 Jitender : ys Shubro……but were r buyrs
15:22 Uttam : we got an ext handle today at 11710
15:22 Shubro : right Jit
15:23 Jitender : bnf has sum spunk….but nt nf
15:23 Jitender : so 370 on watch fr ny upsodes
15:23 Chetan Panchal : ext handle cant be at bottom-
15:23 Jitender : sides
15:23 Uttam : BNF getting some good vols here
15:24 Uttam : NF also looks like day low done
15:24 Anubhav : pak fii are sellig nf today out of anger due to yest loss
15:25 Shubro : pak has FII’s?
15:25 Uttam : dPOC shifting lower in both?
15:25 Anubhav : yeah lol
15:26 Uttam : BNF dPOC shifts to lows
15:26 Uttam : 30320
15:26 Uttam : poor lows in it
15:26 Anubhav : match me jo loss hua vo aaj yaha poora kar liya shubro
15:26 Govind : NF COT in this last candle has turned +ve to 20K
15:26 Uttam : so better candidate for a bounce
15:27 Sandip : seems llike a good level for nf to hold
15:27 Shai : one samll bounce to 11740 F tom
15:27 Uttam : yes above 11710 can tag that 11735-740
15:27 Sandip : yes Shai perfect
15:28 Uttam : 30400 / 30480 in BNF if today lows held
15:28 Anubhav : gap up?!
15:29 Praveen : 15:27 Shai : one samll bounce to 11740 F tom. Can we short here tomm ?
15:29 MJ : Bye shai and all. See you tomorrow.
15:29 Uttam : BNF profile looking like a woodpeckers nest
15:29 Govind : Haha
15:29 Shubro : big pecker that woodie
15:29 Govind : Bye all
15:30 Shubro : bye guys good day
15:30 Shai : yes 1174- 49 should give a short opp if it comes
15:30 Govind : I was waiting for that Shubro
15:30 Uttam : thanks All 🙂
15:30 Shubro : lolol
15:30 Uttam : have a lovely evening
15:30 Govind : Bye
15:30 Shai : if no gap down an inside day tom with 11750 as supply
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Anubhav : bbye thnx all
15:30 Thanika : bbye all..
15:30 Sandip : bye
15:31 Maheshwar : ok shai
15:33 Himanshu : bye all
15:33 Himanshu : 30300 PE – did not shot up
15:33 Himanshu : even at low point of the day#