Order Flow charts dated 18th Dec

Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade.

The way we see it is that Order Flow trading is a mindset. Well, instead of just looking for technical patterns, Trader should go a step further and think about what other market participants might do.

NF

30 Min Fp Nf 12 Order Flow Charts Dated 18Th Dec Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

BNF

30 Min Bnf Bid 12 Order Flow Charts Dated 18Th Dec Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:45 Vtrender Live : (08:43) Vtrender Live: option charts – https://join.me/732-592-389
(08:45) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/865719133

12:57 Shai : (12:57) Shai : Intra- short banknifty 27000 sl of 27085 tgt 26870

13:07 Shai : (13:06) Shai : Exit the BNF positioons at 27020 here


08:43 Vtrender Live : option charts – https://join.me/732-592-389
08:45 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/865719133
08:50 Shai : GM all
08:52 Shai : https://vtrender.in/market-profile-analysis-dated-17th-dec/
09:04 Shai : gap down expected which should bring it back to the RB seen yesterday noon around 10868-872
09:05 Shai : would be bullish if stays above 10885 in IB
09:05 Shai : else a quick drop to 10818 is on the cards
09:05 Shai : 26970 support in BNF
09:05 Shai : if breaks below 26970 can drop to 26870
09:06 Shai : bullish with an IB above 27050
09:06 Jitender : Gm Folks 🙂
09:07 Uttam : Good Morning All 🙂
09:09 Jitender : not much..but sumthng better than nuthn 🙂 (15:03) Jitender : gap dwn morrow ?
09:09 Kathir : GM Shai all
09:10 Shai : +1- (09:09) Jitender : not much..but sumthng better than nuthn 🙂 (15:03) Jitender : gap dwn morrow ?
09:10 Subhodeep : gm all
09:11 RK : GM Shai and all
09:11 Vinay : gm all
09:11 TP : GM All.
09:12 Vinay : gm RK….Shai..Subhodeep..TP..Jit..Uttam
09:12 Vinay : gm kathir
09:13 Kathir : hi vinay
09:13 Jitender : tx Shai
09:13 Jitender : Gm Vinay
09:13 Subhodeep : hi vinay
09:20 Boppanna : BNF below 970 ..
09:30 Vinay : could anyone please tell me what is IBDOP ?
09:32 Uttam : where did you find that Vinay?
09:32 Subhodeep : i think he menat ib adn dpoc
09:32 Subhodeep : inital balance adn developing poc
09:32 Subhodeep : point of control
09:37 Praneeth : Gm All, shia whats ur view on usdinr?
09:37 Praneeth : good to buy at this level or still more down move possible?
09:38 Jitender : buyn only abv 27000
09:38 Vinay : in the 5 min TFOF charts..for NF it ws there..then wen away now
09:38 Jitender : or much below
09:38 Himanshu : uttam volumes r low?
09:39 Vinay : no subhodeep..it said IBDOP in capitals
09:39 Uttam : yes Himanshu pretty low vols in both
09:39 Himanshu : yeahh thanks
09:41 MJ : Good morning everyone.
09:41 MJ : Trying to go below yesterday A period.
09:42 Uttam : NF needs to get below 10845 for that 10820 vpoc tag
09:42 Uttam : for now both seem to have moved away from yesterday’s Value lower
09:42 MJ : Yes Uttam then comes 820 tag,
09:43 Jitender : as said yday (10:24) Jitender : tis n next week till 4th Jan…grind will be thw norm(10:24) Jitender : with spurts of vol in between
09:44 MJ : J 🙂
09:46 Boppanna : B could score some quick points today
09:48 Uttam : RK are you giving an island reversal today?
09:48 Jitender : psu banks gathern strength
09:48 RK : Uttam on wall now
09:48 MJ : almost 30k COT
09:48 MJ : 5 min
09:48 Uttam : yep RK needs to stay below that 10868 & break 845
09:48 RK : should get value down and for that better to get below 10850 quick in IB
09:49 RK : which is not happening
09:49 RK : which was supposed to be easy for sellers
09:49 MJ : 80% of yest value lets do.
09:50 Uttam : yes RK sellers not doing good job after getting a start at open
09:50 RK : they are ok as long as staying below 873
09:51 Kathir : uttam guys all out for 140 – just saw 🙁
09:51 Uttam : yes Kathir, it was over yesterday itself today was just formalities
09:51 Uttam : no rain also 🙁
09:51 Kathir : lol
09:52 TP : Happened so fast even before the clouds could arrive 🙂
09:54 Uttam : (09:48) Uttam : yep RK needs to stay below that 10868 & break 845…high of the bounce so far 10868.3
09:54 MJ : Ping pong in yest value?
09:55 RK : no OTF trace..watch for 2 side mkts today in first session
09:55 MJ : YEp
09:56 MJ : Wait for ib.
09:56 MJ : and traces post it.
09:56 Uttam : yes RK OAIR so another narrow range looks like…FIIs goe on holiday early this year?
09:56 RK : auction outside value sofar
09:56 Uttam : +1
09:57 MJ : Christmas holidays. Perfect timing.
09:57 MJ : Best days to scalp with large position and small points.
09:58 MJ : DT in 3 trades 🙂
09:58 Uttam : NF waiting for BNF to get in sync looks like
09:58 RK : x-mas period are worst period for drawdown MJ..need to be very careful
09:58 RK : I mean holidays in DEc
10:00 Vinay : why is that RK
10:00 MJ : Yes RK.
10:00 Uttam : (09:54) Uttam : (09:48) Uttam : yep RK needs to stay below that 10868 & break 845…high of the bounce so far 10868.3…first part doen now do the 2nd one
10:00 MJ : I flushed entire capital last christmas 🙁
10:01 MJ : And then in Feb Shai happened. 🙂
10:01 RK : then how can you come with such statement? 🙂 (09:57) MJ : Best days to scalp with large position and small points.
10:01 Uttam : RK cos low volumes so whips are frequent during this phase?
10:02 RK : coz I feel it is the period you stay with low vol but keep the grind..avoid large vol..can frustrate to the core
10:02 RK : yes Uttam..
10:02 MJ : RK Coz I have a tradeplan to trade OAIR/OR + low volume on scalp system.
10:03 RK : you aim for small points but it wont come straight these days I mean post 15th-20th
10:03 Vinay : aah..rk..so whips within a range?
10:03 RK : ok MJ
10:03 MJ : gives me 7/10 win rate. So I am happy. And 2017 christmas is far behind.
10:03 MJ : Learned from my mistakes.
10:03 RK : Vinay yes..but dont worry not yet that period started..may be post FEd meet today
10:05 Uttam : so till Jan 1st week trades to be on lower vols RK?
10:05 MJ : IB range showing 60.05 it should be 26.25 right?
10:05 MJ : @Uttam.
10:06 RK : yes Uttam..till 2nd or 3rd Jan
10:07 Uttam : IB not yet done Mihir so may be getting confused with some other values
10:07 MJ : Yep I understand not done yet. 🙂
10:08 Boppanna : COme on BNF 26870 or 27080 make up ur mind IB almost done
10:09 Uttam : Shai setting that right Mihir, gone into xmas mode I guess
10:12 MJ : 3 min to extend ib.
10:12 Uttam : it has the full day to do it Mihir 😉
10:12 MJ : range.
10:12 Uttam : lets have a trend day 😉
10:12 MJ : dvah boarded shorts.
10:13 MJ : jaisi aapki icha 🙂
10:13 Uttam : 26 point IB in spot
10:14 Uttam : had last such range on 9th Jul
10:14 Vinay : Uttam very low COTS too in IB except a few..at the extremes of the IB
10:14 Vinay : and what happened that day Uttam/
10:15 Uttam : 7th may was lowest I think this year of 24 points & that gave a 3.7 IB day
10:15 Tejus : what will be market action when market opens OAIR in most of the time?
10:15 Uttam : NF appraching 10845
10:15 Uttam : 52k green here in NF though
10:15 RK : yday we had two sellers 70K and 50K
10:16 RK : and one guy booked here
10:16 Boppanna : +1 RK
10:16 Uttam : at that vwap band RK?
10:16 RK : yes
10:16 Boppanna : yes
10:16 Uttam : perfect
10:16 RK : around 910
10:16 Uttam : yes
10:17 Shai : BNF managing single sof yesterday
10:17 MJ : Half out 🙂 (10:12) MJ : dvah boarded shorts.
10:17 Uttam : (09:48) Uttam : yep RK needs to stay below that 10868 & break 845…low so far 10845.1
10:17 Shai : is weakening for 26870
10:17 MJ : 822 come soon.
10:18 Uttam : another C period extension
10:18 MJ : Yesterday’s vwap band short guys are exiting.
10:19 Boppanna : Shai any good buying in the 26700pe?
10:20 Subhodeep : @vinay i think you must have read dop that would have signified day open
10:21 MJ : Trifecta at lows.
10:21 Subhodeep : @mj what is trifecta?
10:21 MJ : trios of Green in 5 min OF.
10:21 MJ : 44k 9k 2.1k
10:21 Uttam : NF taking sup at Friday highs?
10:22 Subhodeep : hmm thaks
10:22 Subhodeep : been wondering abt that term for a while now
10:22 Subhodeep : @so supposing something like that happens with three consec red then it woulld there be some other term
10:22 Subhodeep : ?
10:24 Himanshu : +28k stuck (10:21) MJ : Trifecta at lows.
10:24 MJ : Yes himanshu.
10:24 Himanshu : 🙂
10:25 MJ : @Shubhodeep I’d let Shai say more about the reds. but that should be true too.
10:25 Shai : treifecta means 3 in a row
10:26 Shai : only watch for the sizes in the 3
10:26 MJ : a bet in which the person betting forecasts the first three finishers in a race in the correct order.
10:26 Vinay : something wrong with the IB range?? shouldnt it be 26-27…shows 61.. which actually is from prev close – low in IB
10:26 Shai : that 44 i the top is good, 9 k under avg
10:26 Shai : looks like profit bookings than buyings
10:26 MJ : dictonary meaning Shubhodeep.
10:27 RK : yes..and another 28K at extreme SL swipes
10:27 MJ : Shubhodeep this are observations. Where in OF and on the mp reference it comes is quite important to make any decisions.
10:29 Subhodeep : ok
10:29 Vinay : MJ so buying at the band low indicates..much lower down side mostlikely…as either shorts have covered or new longs have entered
10:30 MJ : You mean green bands?
10:30 Vinay : yes
10:31 Vinay : MJ also..for that bying COTs is also perhaps the highest today so far
10:32 Boppanna : That 11k looks to be in trouble in BNF?
10:32 Subhodeep : @mj, vinay after that trifecta the green box signifies large buying that happened with fig 15825?
10:33 Vinay : MJ i meant that 44k,9,7k and 2.1k at vwlow]
10:33 Sudheer : BNF there’s downsidecushion till 26730 spot
10:33 MJ : Vinay yesterday at 10917 to 10925 there were sellers who would have covered in this dip. RK did mention about few. That is why we are seeing greens at low. It is an anticipatory projection if they are covering or new greens.
10:33 Sudheer : i guess these are normal dip buyers
10:33 MJ : @vinay read this again (10:25) Shai : treifecta means 3 in a row(10:26) Shai : only watch for the sizes in the 3(10:26) Shai : that 44 i the top is good, 9 k under avg(10:26) Shai : looks like profit bookings than buyings
10:34 MJ : Shubhodeep 15k with box is someone like me. Aggressive buyer.
10:36 Subhodeep : okies 🙂
10:37 Vinay : understood MJ…when that happens at the vwap bands…does it mean..that the move in that direction further…is unlikely a lot more…or would that be a naive conclusion
10:37 Subhodeep : another trifecta in formation mj?
10:37 MJ : Shai has VWAP bands with SD marked on charts. When price reaches it. Nice dip is usually observed.
10:37 MJ : @shai it is to 3SD right?
10:38 MJ : Yes vinay somewhat like that.
10:38 MJ : Shubhodeep other two got overcome and lost its colour. Did you observe?
10:39 Subhodeep : i did
10:39 MJ : All attempt to touch vwap is on over here.
10:39 Subhodeep : so saf to assume iresposive buyers buying tright now ?
10:39 MJ : +1
10:39 Sudheer : yeah waiting for that vwap tag
10:39 MJ : Get it Sudheer.
10:39 MJ : 🙂
10:39 Vinay : MJ so now to watch 880 levels for their reentry?
10:40 Sudheer : to short for 780
10:40 MJ : Yes if price runs to 885 without follow up by greens. We can fade it with small sl.
10:41 MJ : But my first objective will be vwap and dvah.
10:41 MJ : If shorting has to be initiated.
10:42 MJ : Low vols ping pong over here.
10:43 MJ : Veterans of the room correct me if I am wrong.
10:48 Boppanna : Words of the veteran :)09:55 RK : no OTF trace..watch for 2 side mkts today in first session
10:48 Sudheer : tht effort to conquer 10 points in BNF definitely locals
10:48 MJ : Lets go back up 🙂 (10:18) Uttam : another C period extension
10:49 Jitender : guys..pls keepyr hail well oiled…lest u tear tem out..coz of inaction 🙂
10:49 Jitender : yr hair
10:49 Tejus : how can we identify OTF has entered the market or not
10:49 MJ : Lol. Jit.
10:49 Uttam : 10855 zone to watch in NF now
10:50 Uttam : vwap+IBL+yesterday’s low there
10:50 Uttam : if rejects from there then going for new lows else can probe higher
10:50 Vinay : Guys..anyone else having the problem..reading the COTS as the yellow vol print is happening on the COT box
10:51 Uttam : BNF in a 73 point range since morning
10:52 Uttam : yes Vinay 5min COT needs to be adjusted
10:53 MJ : 25k responsive
10:54 MJ : wants dvah I guess.
10:54 MJ : Or maybe late to the party.
10:54 Uttam : BNF getting rejected from that 26970
10:55 Sudheer : BNF VWAP kiss over
10:55 Uttam : whihc is today’s vwap also
10:55 Sudheer : shorted at 960
10:55 Sudheer : Small SL 985
10:56 RK : open below spike > below VAL > grind > sweat to stuck buyers = liquidation happened mow watch value > overlap means chop > lower means > expect more liquidation later in the day..
10:56 RK : *now watch
10:58 Himanshu : its for nifty RK?
10:58 RK : yes
10:58 Himanshu : so uptill now value is overlapping?
10:58 MJ : Nice one rk
10:59 Uttam : yes RK & seems to be rejecting from 10855 levels?
10:59 Sudheer : so now it’s overlapping in nifty
10:59 Uttam : Value is lower
10:59 Uttam : yVAL 10868
11:00 Uttam : today Value 10868-10849
11:00 Sudheer : and lower in BNF
11:00 Dhaval : so cud xpect liquadation
11:01 Uttam : D forming an inside bar in NF so E could lead the way
11:02 Uttam : BNf seems to be having lot of sellers but nothing happening there to the downside
11:02 Uttam : so far…
11:02 RK : lower (10:58) Himanshu : so uptill now value is overlapping?
11:05 MJ : Go Ms Nifty.
11:06 Subhodeep : uttam if we manag e to hold above 855 then the next junction would that be around 876?
11:06 Himanshu : okk RK
11:06 MJ : Uttam NS low = 10819.9 = magic low10.9 ce = 59.1 = magic low
11:09 Boppanna : Holding 870 that Op-range 807 in NF looks doable..
11:10 Kathir : mihir hdfc bank new DL
11:12 Vinay : Shai can you please help with the COT and vol overlap..
11:12 MJ : Oh nice Kathir.
11:15 Uttam : @Subodeep if we get above 10855 then can do 10870 high of that MB
11:15 Sudheer : yeah hdfc bank RE to downside
11:16 Sudheer : forming value lower
11:16 Uttam : narrow range day so smaller targets today for now
11:16 Uttam : entry back into 10845 can bring that 10820-818
11:16 Uttam : NF has done 1.5 IB down at 10839 & 2 IB is at 10826
11:32 Vinay : NF seems like its in a mood to clear out all locals like me..if i did trade before making a move…
11:32 Sudheer : will add shorts if we go higher to 985-990
11:32 Sudheer : in BNF
11:33 Shai : looking to sell on RS is a better option today
11:33 Sudheer : one trap will be good looks like
11:33 Shai : value so far lower on day
11:33 Shai : Buyers would not wait to buy near the composite POC of 10810 – 20
11:34 Shai : so far no interest to buy this auction
11:34 Vinay : E looking to tag D high and C High
11:34 MJ : As shai will say in his workshops. Save emotional capital in this one.
11:34 Shai : any upmove to 885-890 is a sell with sl of 910 for that 810 visit
11:34 Vinay : in NF
11:36 Boppanna : would not wait Shai ?11:33 Shai : Buyers would not wait to buy near the composite POC of 10810 – 20
11:36 Vinay : Shai am assuming all intraday and where does that get invalidated…in case of an upmove…
11:37 Vinay : BOP i understood it as…thats the right place to buy ooking at the auction and impulsive people might buy higher and get out by then..
11:40 Uttam : E making an outisde bar
11:40 Uttam : in NF
11:40 Boppanna : yep Vinay correct…just checking with Shai if he meant would wait?
11:41 Sudheer : NF vwap tag done
11:42 Vinay : if E closes inside IBL will be good… and what happens if it closes above C high..does anything change at all?
11:43 Uttam : NF forming ledge at 10855
11:43 Uttam : all 5 TPOs there
11:43 Boppanna : Jit SPX no longer interesting with 2540 done?
11:47 Jitender : shld b quiet till morrow
11:47 Boppanna : 1 hour done 🙂 in BNF 10:49 Jitender : guys..pls keepyr hail well oiled…lest u tear tem out..coz of inaction 🙂
11:47 Jitender : consensus is of a bounce with dovish fed
11:48 MJ : Jit gives all the timely alert.
11:48 MJ : Thank you Jit 🙂
11:48 Jitender : wc ji
11:48 MJ : Hdfc bank wants to turn green.
11:49 Sudheer : Bias is down for today atleast in BNF
11:50 Subhodeep : aint all the metals looking strong?
11:50 Uttam : greens at vwap in NF
11:50 MJ : Yes yes yes.
11:50 Uttam : COT 16k as of now
11:50 Sudheer : it all depends on the fill tht we get which defines the best entry i beleive
11:51 Sudheer : tht 7.8 k BNF .. i want him to be trapped 😛
11:52 MJ : Too close to 785 sudheer 🙂
11:52 MJ : Let’s get him for you.
11:52 Sudheer : yeah MJ
11:55 Boppanna : There was 11k red below 940 he might be exited in BNF
11:55 Boppanna : *have exited
11:57 Kathir : 11:48 MJ : Hdfc bank wants to turn green. – Mihir ordered hdfc
11:57 Uttam : 25k green at top here in NF
11:57 Uttam : snother 18k
11:58 Boppanna : looks like going for that MB high 70
11:58 MJ : 10840 to 10867 half out (10:34) MJ : Shubhodeep 15k with box is someone like me. Aggressive buyer.
11:59 Uttam : greens at vwap plus COT of 17K in that 5min bar did this in NF
11:59 Uttam : 10870 tagged above 10855
11:59 Boppanna : COT peaking
12:00 MJ : 10893 coming
12:00 MJ : ?
12:00 MJ : This is flurry of greens.
12:00 MJ : Bring me my 10900 bouyyyys.
12:00 MJ : Even vwapub is good 🙂
12:01 Sudheer : added BNF shorts at 985
12:01 Boppanna : 31 k might be a little late?
12:01 Sudheer : Stop 27020
12:02 MJ : Yes Bopp he came late and agressive.
12:02 MJ : Godbless.
12:02 Uttam : BNF poor highs getting poorer
12:03 Uttam : NF one tag to 1055 coming to make a nice bell
12:03 Shai : 33k late to the game
12:05 Vinay : Fiknally some good COTS on last 3 5 mins
12:05 Vinay : Thanks Shai for adjusting them..really helps..as i am already a little visually challenged
12:08 Uttam : (12:03) Uttam : NF one tag to 1055 coming to make a nice bell…10855*
12:09 Subhodeep : MJ : 10840 to 10867 half out (10:34) MJ : Shubhodeep 15k with box is someone like me. Aggressive buyer. gotcha
12:09 MJ : Update Shubhodeep. All out on that trade.
12:09 MJ : With the late buyer.
12:10 Sudheer : my bnf shorts atcost now avg 973
12:11 Boppanna : bots around Sudeer 🙂
12:13 Sudheer : option table still says 780 .. BNF spot just filled the gap at 26911.5 so expecting journey to day low again
12:13 Sudheer : but seeing the OF … it doesn’t support now looks like
12:14 Sudheer : except for that trapped 31k in nifty
12:14 MJ : 31k will sweat below 845
12:14 Sudheer : my stoploss at 27020 now
12:14 MJ : till then he is chill.
12:14 MJ : Or ibl.
12:16 Sudheer : come on BNF below DPOC
12:18 Uttam : yes BNF below 26960 will get weak
12:20 Subhodeep : @mj me too had entered at 840 out at 868
12:20 Sudheer : 27k put guys slowly started covering yesterday’s shorts
12:20 MJ : Nice one.
12:20 MJ : Congrats.
12:21 Subhodeep : tks
12:21 Subhodeep : done a few trades on the stock side as well
12:21 MJ : Staying above vpoc can touch yvwap.
12:21 Uttam : congrats Subhodeep 🙂
12:21 Subhodeep : with help from shai
12:21 Subhodeep : thanks mj uttam
12:21 Subhodeep : thanks for holding my hand and guiding me
12:23 MJ : 2110.75 to 2125.2 and hence bnf going no where 😉
12:23 Subhodeep : have to get confi to trade volume wise ont eh index
12:23 MJ : (11:48) MJ : Hdfc bank wants to turn green.
12:24 Subhodeep : so is hdfc mj
12:24 MJ : 🙂
12:24 MJ : Out in both bnf and nf.
12:24 MJ : Worked hard for that last trade 🙂
12:25 MJ : 17k reds here at 26996.
12:25 MJ : if COT of this 5 min bar in bnf goes 0 will be interesting.
12:26 Shai : steady above vwap- RS is not there
12:26 MJ : Yeah shai.
12:26 Shai : just some stuck buyers
12:26 MJ : Absent people.
12:27 Vinay : NF getting accepted in VAL??
12:27 MJ : Shai bnf good for Op+ra?
12:28 Shai : too narrow for anything decisive
12:28 MJ : Okay will continue ping pong.
12:28 MJ : based on OF.
12:29 Sudheer : will this 19k guy save me?
12:29 Sudheer : RS @ shai?
12:29 Subhodeep : mj kindly explain what you meant by op+ra
12:29 MJ : Op+Ra is in that box check in bnf 5 min.
12:30 MJ : It is shai’s secret sauce
12:30 Subhodeep : which chart bnf?
12:30 Subhodeep : mj bnf or nf should i check?
12:30 Boppanna : 5 min foot print Subh
12:31 MJ : yeah bnf 5 min I mentioned…
12:31 Subhodeep : okies
12:31 MJ : It is in both op+ra op-ra
12:31 MJ : Bopp. Move it move it please 🙂
12:32 Vinay : All : isnt the calc in IB Range wrong in NF today or is it always from pclose in case of a gap down?
12:32 MJ : Today those numbers don’t match Vinay. Some value is being taken.
12:33 Boppanna : IBH is wrong today or was it a freak tick?
12:33 Vinay : MJ it if takes pclose..then what it shows tallys
12:33 Subhodeep : @mj bop shall ask you to clear this query abt op+-ra later think i am blind..
12:33 Subhodeep : 🙂
12:34 Vinay : BOP same in NF too..if you meant BNF
12:35 MJ : Shubhodeep it is a calculation based on previous range that is a number that gets generated and comes on the screen. What it means that we might do op+ra or op-ra. Depending on the OF activity.
12:35 Subhodeep : okies
12:35 Subhodeep : read thru and thanks for tutoring 🙂
12:37 Subhodeep : one more area that begs your ttention in the 30 min tf chart of bnifty i see 2 vwap i knwo the lower one at 26971 as in i recognise ittm but what about the 27010 vwap
12:37 Subhodeep : diff tf is it ?
12:38 MJ : It is SD of vwap price.
12:39 MJ : 10940 10940
12:39 MJ : two orders up there.
12:39 MJ : in bnf
12:40 MJ : Thanks uttam 🙂 got nice trade again. (12:08) Uttam : (12:03) Uttam : NF one tag to 1055 coming to make a nice bell…10855*
12:41 Sudheer : exited all shorts at 27010
12:42 Sudheer : bad trade
12:42 MJ : Let’s get next one Sudheer.
12:42 Sudheer : yeah MJ thanks 🙂
12:43 Vinay : BOP did you figure out that IBH in NF anf BNF ??
12:44 Vinay : Sudheer…next one will be a bagger 🙂
12:45 Boppanna : No sometimes it happens just make Shai aware of it he takes a look EOD
12:45 Uttam : (12:02) Uttam : BNF poor highs getting poorer…poor highs repaired not lets have a Fa at top in BNF
12:45 Sudheer : yeah vinay hoping for best
12:45 MJ : NF wants to fix poor high.
12:46 Subhodeep : @mj meaning tht i t would make higher highs to in order to become a rich high??
12:47 Boppanna : RK value overlap so choppy?
12:47 Boppanna : in NF
12:47 RK : no Bop value lower..price trying to sustain in value
12:47 RK : lets see
12:47 MJ : Rich high. hahha! yeah right Shubhodeep.
12:47 Boppanna : ok thx
12:47 Uttam : yesterday’s POC in both not yet tagged
12:47 Jitender : bnf PEs have buyn
12:47 MJ : +1 J
12:48 MJ : 26800 looks juicy.
12:48 Vinay : NF looking for 890-95 ??
12:48 RK : fight between values..expect some volatility here
12:48 Subhodeep : just using word that i can remember hence rich high 🙂
12:48 Vinay : as predicted by Shai earlier
12:48 MJ : Vinay give me 10902 and I am very happy.
12:48 Sudheer : both at the edge of YVAL In spot
12:49 MJ : Sudheer where you see spot mp?
12:49 MJ : Trudata setup?
12:49 Vinay : RK would acceoting into VAL and sustaing abive yvwap negate that?
12:49 Sudheer : no ..its at breakingtrade.com
12:50 RK : no Vinay..need to tag POC and accept there to negate today lower value till then yday buyers under pressure
12:50 RK : once done that today sellers would feel pressure
12:51 Vinay : thanks RK..makes sense…so its pressure on the diff TF players that induces the move…
12:53 RK : no diff time players..imo its just yday local buyers Vs today local sellers
12:54 Sudheer : ideally if today is a negative day we should have a trap to the upside by 1.55PM like yesterday we had one to the downside
12:54 MJ : Rk so in normal words. Till any poc is not touched. Val stayes lower or higher depending on previous levels?
12:54 Vinay : Thanks RK
12:56 Vinay : RK if rejection is a stronger signal…isnt it indicating a stronger rejection from dvah and more acceptance into VAL
12:56 RK : MJ is..when you have lower range days better to have POC as measure to decide acceptance/rej
12:57 MJ : Gracias Rk.
12:57 RK : larger range bell means value extreme with sm filter is fine
12:57 RK : but whnever you have good bell its poc good gate to shut or open floods
12:57 Shai : Intra- short banknifty 27000 sl of 27085 tgt 26870
12:57 Sudheer : thanks RK for the learning in MP … getting to learn new things
12:57 Uttam : BNF just in time to leave that probable FA
12:58 Uttam : at 27023
12:58 RK : welcome Sudheer
12:59 Uttam : but needs to stay below 27k & break that 26975-960
12:59 Varun : poor high and third attempt at vwap
12:59 Varun : if vwap goes the dval and day low in sight #rotation day
12:59 Sudheer : wht’s the key support level in bnf yesterday’s BNF auction ?
12:59 Sudheer : 27040?
13:00 MJ : Break of dval is invite for dLO.
13:00 Uttam : we had a ‘p’ profile yesterday Sudheer so POC of that at 27085 imp ref
13:01 Sudheer : oh cool .. makes sense
13:01 Sudheer : for a case of distribution if any
13:01 MJ : One point you always remember from previous profile is the poc and yvwap. always helps plan the trade.
13:06 MJ : Done! (12:45) MJ : NF wants to fix poor high.
13:06 Shai : Exit the BNF positioons at 27020 here
13:10 Sudheer : want to see something similar to yesterday’s 31k on the opposite side
13:10 MJ : Gracias (12:00) MJ : Bring me my 10900 bouyyyys.
13:10 Shai : BNF short would have been better if made way below IBH
13:10 Shai : at this point that POC at 27080 is too strong to clal this auction abv IBH
13:10 Shai : NF made it to ypoc
13:18 Sudheer : green band in 10800pe
13:18 MJ : 27055 high… (12:21) MJ : Staying above vpoc can touch yvwap.
13:18 Sudheer : and pink band in 10800ce
13:23 Boppanna : SHai NF has steam left to finish 80% to yvaH?
13:24 Sudheer : BNF can test that YPOC of 27085 now
13:25 Uttam : NF Neutral Day here did 1.5 IB down & now 1.5 IB upside
13:25 Uttam : 10904 2IB
13:25 MJ : Coming uttam 🙂
13:25 Uttam : BNF 2IB ast 27073
13:26 Uttam : 10880 ext handle in NF
13:26 Shai : yes going for neut extreme the NF
13:26 Shai : still one time frame up post C
13:26 MJ : +1 shai
13:27 Uttam : C period ext again proving to be a failure today
13:27 Shai : +1
13:27 MJ : Shai quick check vwap bands are 3sd. you’ve mentioned. But can’t find in my notes.
13:27 Shai : 3sd
13:27 MJ : Thanks 🙂
13:27 Vinay : Uttam +1
13:27 Sudheer : +1
13:28 Uttam : so on days when D does not extend C down be careful with those positions
13:28 MJ : This also done (09:49) MJ : 80% of yest value lets do.
13:28 Shai : it’s been so slow that it would really not give you confidence when you are seeing D, E, F , G happen
13:29 Uttam : yes but post C both MF & BNF were making higher highs & higher lows except for one outsie bar in BNF Shai
13:29 MJ : Yes shai the core reason was low volume game. You can understand todays auction better if you are a test match fan.
13:32 Uttam : NF made a miscalculation in the morning
13:33 Uttam : the earlier 2-day balance was at 10833-10818-10797
13:33 Uttam : from where C got rejected today
13:38 Varun : since c period we have one f also
13:38 Varun : tf
13:39 Uttam : yes Varun
13:39 Uttam : https://vtrender.slack.com/archives/C0F2X2TFW/p1545120582000500
13:42 Subhodeep : ut what is pdvwp in red in the 5 mn tf chart mj uttam ?
13:43 Uttam : prev day vwap
13:43 Subhodeep : then what is yvwap
13:43 Uttam : all these days we were holding insite of US markets falling & now when Shai is giving a bounce there wonder how will ut markets react 😉
13:44 Uttam : its the same Subhodeep
13:45 Subhodeep : but then why do we have two values being given as output
13:45 Subhodeep : pdvwp was 10892.xx
13:45 Uttam : what are the values?
13:45 Uttam : 1 point chage?
13:45 Uttam : may be cos of 5min & 30min calculation
13:45 Subhodeep : ok
13:45 Uttam : you can ake it as avg of both 😉
13:45 Subhodeep : that explains it
13:45 Subhodeep : diff tf
13:45 Shai : one time frame broken now
13:46 Uttam : yes both making lower lows
13:46 Subhodeep : @so that means the shorter tf got ken shai?
13:46 Varun : @shai i period has hh /hl
13:46 Uttam : IBH vwap alignment & test in the next 30mins will be nice
13:47 Uttam : J already lower low Varun
13:47 Varun : cool, i was seing only i
13:47 Uttam : 🙂
13:47 Uttam : I Me Myself 😉
13:47 Varun : position bias
13:48 Varun : 🙂
13:48 Uttam : till vwap defended mostly NeuX up
13:48 Uttam : 10880 ext handle tageed
13:50 MJ : ID Longs getting out.
13:50 Uttam : 10855 coming in NF?
13:51 Uttam : to make a smooth bell
13:51 MJ : Uttam loves his 855 number
13:51 Uttam : that ABCDEF standing out there like a door to be broken 😉
13:54 Uttam : afternoon pull back done?
13:54 Sudheer : anyone for new high in BNF?
13:55 Uttam : BNF low of this dip 26965 so till that holds can close at highs
13:55 Uttam : NF low 10867 just above vwap
13:57 Sudheer : will buy above 27025
14:01 Vinay : Sudheer if one were to play the same BNF levels in options..which CE should one buy ITM/ATM/OTM ?
14:02 Sudheer : OTM one strike away from spot would be best as that will become next ATM and ATM’s has highest premiums always
14:07 Uttam : 38k green at top of this 5min bar in NF
14:07 Uttam : looks like a SL order
14:08 Uttam : 10930 coming by close today?
14:08 MJ : Get that 120 in bnf
14:09 MJ : Shorts will feel the chills?
14:09 Tejus : is the 48k is also sl order?
14:10 MJ : 80 mins still to go.
14:10 Sudheer : Shorted BNF at 27040
14:10 Sudheer : Stop of 27055
14:10 Sudheer : last trade of the day … so much confusion in mind
14:11 Sudheer : will avoid if this doesn’t workout
14:12 Uttam : poor highs in NF
14:12 Tejus : can short nifty at DHI level?
14:12 MJ : Are are.
14:12 MJ : bnf tib.
14:12 MJ : 2ib.
14:13 MJ : Shai again 18280 18280 order
14:13 MJ : Just like this (12:39) MJ : 10940 10940
14:14 Vinay : MJ can you please help understand when you have a chanve
14:15 MJ : 54k seller. bnf
14:15 MJ : Vinay what part?
14:15 Boppanna : BNF drunk or 54k seller
14:15 Uttam : yPOC tagged in BNF
14:15 Sudheer : haha @BOP
14:16 MJ : 21 short of op+ra :)) All out (12:27) MJ : Shai bnf good for Op+ra?
14:16 MJ : Thanks Shai.
14:16 MJ : That mystery number of op+ra-ra is too good.
14:17 Vinay : (14:13) MJ : Shai again 18280 18280 order(14:13) MJ : Just like this (12:39) MJ : 10940 10940
14:17 Vinay : (14:13) MJ : Shai again 18280 18280 order(14:13) MJ : Just like this (12:39) MJ : 10940 10940
14:18 MJ : 1410 bar check two greens in bnf at top.
14:18 MJ : Earlier at 1235 bar too we had a similar order of 10940 10940. It might be a bot order/algo order.
14:19 Vinay : aah ok thanks
14:20 MJ : My eyes are glued to patterns. So I keep finding them Vinay 🙂
14:22 MJ : Shai that 54k fresh sell in bnf?
14:25 MJ : Thanks Vinay (12:48) MJ : Vinay give me 10902 and I am very happy.
14:25 Vinay : Last two NF bars going up on huge neg COTs ..what does that indicate
14:26 Kathir : -19 k cot bnf ?
14:27 MJ : Hamlaaaa!
14:27 Boppanna : RK govinda crowd?
14:27 RK : 3IB bop
14:27 RK : 10930
14:27 Shai : 10930
14:28 Boppanna : BNF 210?
14:28 RK : yes 205 next ref for me
14:28 MJ : Bopp. Kardo 🙂
14:28 Varun : one tf after gap fill means gap buyer has done its work well
14:29 Varun : gap down rejected means bears bad job
14:29 Varun : tmrw a gap up also possible
14:29 MJ : 11k before christmas.
14:30 MJ : Will hurt a lot of people who might think that this will still stay a sideway month.
14:30 Vinay : MJ you been saying it a few times now..haha
14:30 MJ : 🙂
14:30 Vinay : Uttam where are the Fa
14:31 Vinay : FAs in NF and BNF and targets
14:32 MJ : Bears fucked it like India team selection.
14:32 MJ : Lets see if they bounce back in december.
14:33 Himanshu : we have RE at 10895?
14:33 MJ : Ohoo. 1 more hour.
14:35 MJ : When you have information make the most of it. 2111 to 2143 🙂 (11:48) MJ : Hdfc bank wants to turn green.
14:35 Boppanna : Nice MJ
14:35 MJ : Thanks bopp 🙂
14:35 MJ : asked shai too.
14:35 Jitender : aur karo Loan waiver 🙂
14:35 Jitender : 2 more states to go for it
14:35 MJ : Jit was busy punching orders is it?
14:35 Boppanna : Going for Shai’s 260 I think BNF
14:36 MJ : Wonderful day.
14:36 Uttam : (14:08) Uttam : 10930 coming by close today?
14:37 MJ : I doubt if anyone till ib was confident about green close 🙂 googly this was.
14:37 Uttam : (13:54) Uttam : afternoon pull back done?
14:38 MJ : Uttam your 855 was a give away. 🙂 Thank you.
14:38 MJ : Toughest was to let ces run.
14:39 Uttam : (13:48) Uttam : till vwap defended mostly NeuX up(13:55) Uttam : BNF low of this dip 26965 so till that holds can close at highs
14:39 Boppanna : +1 Uttam
14:42 Uttam : can we do 10970 today?
14:42 Jitender : u scaled the everest today Uttam 🙂
14:42 Uttam : why Jit?
14:42 Jitender : bnf..i meant
14:43 Jitender : looks at the mountain being carved in 5mins
14:43 Uttam : BNF going for that 27330-340 levels completing the 2atr of 26770
14:43 MJ : Bnf going emotional.
14:44 Varun : @shai @uttam if a stuck buyer/seller gets an good exit hardly we get a counter move
14:44 Varun : at ibh we had a stuck buyer, ince he got an exit 80% rule was plr
14:44 Shai : +1
14:44 Uttam : nice Varun +1
14:45 MJ : Varun means his exit can be a good ref to go long?
14:45 Varun : @shai any reasond for removing delta
14:45 Varun : from underneath
14:45 Varun : and ddivergence ?
14:46 RK : Varun if you are talking about 35K it was stuck seller around 868 who quit in that swing
14:46 Shai : Delta does not work anymore @varun .
14:46 Shai : But it is not removed it is in white for a ref
14:47 Varun : even on ra=otaton days ?
14:47 Shai : abv the bar
14:47 Varun : no dd in last pane
14:47 Uttam : 27220 was a vpoc in BNF & above it we have 27290 which was an FA plus a swing high on daily
14:47 Shai : even on roaotional days
14:47 Varun : even red/green delta
14:48 Varun : point is when thr is big thump at extrmes and delta is opp
14:48 Varun : it says ice berg orders
14:49 Shai : yes that one case where we have a large order then it does
14:49 Varun : actually the only point to see dd is at extremes
14:49 Varun : cios rest of cases its dtf fighting
14:51 Varun : outside day
14:51 Varun : imp ref
14:52 Himanshu : todays RE varun ?(14:48) Varun : point is when thr is big thump at extrmes and delta is opp(14:48) Varun : it says ice berg orders(14:49) Varun : actually the only point to see dd is at extremes
14:53 Himanshu : todays RE varun? (14:51) Varun : outside day(14:51) Varun : imp ref
14:54 Boppanna : Shai such a contra move in India relative to globe last one week …market still expecting some news here.. of course election day was a turnaround.. still?
14:55 Shai : yes Varun – on the same page there
14:55 Shai : Bopp 820- 980 balance zone
14:57 Jitender : 2mrw gap up……hehe
14:57 Varun : yes re
14:57 Varun : needs to hold 900
14:57 Varun : infact dnt test ttoday
14:57 MJ : Jit how you’d say bnf was wet and wild 🙂
14:57 Varun : then this sis otf
14:58 Varun : is
14:59 Himanshu : menas if RE holds we can assume its OTF?
14:59 Varun : yes
14:59 Varun : always
15:00 Himanshu : okk thanks varun
15:01 Praneeth : shia, bnf close at DH?
15:02 Praneeth : *shai
15:03 Rajiv : RE stands fro?
15:03 Varun : range extn
15:04 Rajiv : Thanks
15:04 Subhodeep : mj you r 10900 done and suted
15:04 MJ : 🙂
15:05 Vinay : tomorrow OAOR ?
15:06 Subhodeep : good day across the board for the bulls over here it seems
15:06 Himanshu : rk BNF closing at extreme from value.. lesser chance for holding tommorrow?
15:06 Subhodeep : vinay thanks for asking the sam equstions that crop up in my mind
15:06 Subhodeep : thanks
15:06 RK : depends on how it creates value tmw first session..
15:07 RK : my worry not about tmw..but about today close 🙂
15:07 MJ : Uttam: Vwap now almost at ibh. Makes it fair for the NE closing 🙂
15:07 Subhodeep : hahah rk
15:07 RK : it has 100+ leg above this high
15:07 Uttam : are we making another new high for the day?
15:07 MJ : Let it go.
15:07 Subhodeep : so ineffct a revisit to 11k?
15:07 RK : NF 10950 scale better today Uttam
15:08 Uttam : yes RK thats a selling tail in NF
15:08 Uttam : else your 3IB comes into play tom 😉
15:09 Vinay : Uttam..short covering tomorrow from earlier time frames..
15:09 Varun : todays price actio is rock solid bulls
15:09 RK : 14sep high was 27290 in BNF now above composite P again this spike
15:09 Uttam : yes Varun they just need to open higher tom 😉
15:09 Varun : so abv 900
15:10 Varun : dnt think to short
15:10 Uttam : yes RK …(14:47) Uttam : 27220 was a vpoc in BNF & above it we have 27290 which was an FA plus a swing high on daily
15:10 Varun : for me
15:10 MJ : +1 Varun.
15:10 MJ : 27333.
15:10 Uttam : NF new highs coming
15:11 Uttam : BNF first
15:11 MJ : Kathir: Lets take 300 from that poc 😉
15:11 MJ : Will ya?
15:13 Boppanna : This was for the bots RK ?..15:07 RK : NF 10950 scale better today Uttam
15:13 Sunder : the charts are frozen ?
15:14 Uttam : working fine Sunder
15:14 Sunder : hmmm. not on my screen !!
15:14 Uttam : refresh once may be internet bandwidth issue
15:17 Uttam : 27275 high in BNF
15:17 Rajiv : If we close around here does the 80% rule comei into play?
15:17 Uttam : ext handle of 27070 now imp level
15:18 Uttam : spike rules in play in both though NF is also a NeuX
15:18 RK : 27294 5IB?
15:19 MJ : 294 will do RK.
15:19 MJ : I want 330 though.
15:19 MJ : 😛
15:19 Uttam : 290 will also do RK 😉
15:20 RK : ok 9 mins for 40in NF and 15in NF
15:20 RK : lets see
15:20 Uttam : yes to the dot it is 27294
15:22 Uttam : BNF boom
15:23 Dhaval : super RK & uttam
15:23 RK : not super until done
15:24 Uttam : 11 points and 5 mins
15:25 MJ : Bots what is 7 + aus innings total?
15:25 Uttam : 11 points in both NF & BNF needed
15:25 MJ : Coming uttam coming.
15:26 MJ : bnf ka lag raha hai. nf you take care 😛
15:26 Uttam : 180 seconds hai tumahre paas 😉
15:27 Jitender : hope raga announces loan waiver fr other 2 states as well
15:27 Uttam : and some loans for us to do trading 😉 that too interest free ;-p
15:28 Jitender : 🙂
15:28 MJ : NF listening to you Uttam. At least making new highs.
15:28 MJ : Bye everyone. Wonderful day. See you tomorrow.
15:29 RK : no 10950 scale means I have only two options for bull run to continue a) higher chance for bracket to resume and profiles say so b) need a good gap up above 10990 tmw
15:29 Vinay : extremely good vols and COT in NF in last 30mins
15:29 Jitender : bye all
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 TP : Bye All.
15:29 Uttam : RKgap up possible if US gives that reversal today
15:29 Uttam : thanks All 🙂 have a lovely evening
15:30 Jitender : does US matter
15:32 Vinay : bye all


10:03 Subhodeep : shai your views for intraday on jubfood and hul
10:15 Shai : HUL is an OAOR. no edge for intra here but gets weak below 1840 for 1928
10:15 Subhodeep : thanks shai
10:16 Shai : 1288 and 1300 res for the upmove of today in jublfood
10:16 Subhodeep : thanks a ton
10:45 Subhodeep : shai your views on swing/positional basis for ubl been observing it since 1262 1274 range… the moves happend before i could react dont have too good an experience having traded this
11:33 MJ : Shai ID levels for hdfc bank please. Thanks.
11:42 Gaurav : Shai can buy ZEE December here to 510?
13:15 Subhodeep : @shai can infy or an quick id be a good time to long at 682 683 elvels?
13:16 Subhodeep : for a percntage point or a new day high?
13:31 Pradeep : @Shai: Can you let me know your views on Mindtree. Is it a good long towards 865?
13:35 Subhodeep : pdvwp yvwap please help me with teh full forms
13:35 Subhodeep : pdwp sorry
13:35 Subhodeep : pdvwp
13:36 Subhodeep : yvwap would mean yesterdays vwap?
13:37 Subhodeep : but what is pdvwp in red in the 5 mn tf chart mj uttam ?
13:47 Shai : 1394 obj of the move in UBL
13:48 Shai : is also a buy near 1330 on a pullback tom
13:49 Subhodeep : thanks shai
13:49 Shai : 2120 supply working in hdfc
13:49 Shai : can do 2107 again
13:51 Shai : zee could be moving down to 447
13:51 Shai : not confident of a buy here
13:51 Shai : review at 447
13:51 Subhodeep : seems lke ubl ina mood to get obj done
13:51 Subhodeep : today itself
13:52 Shai : infy 687/ 689 day obj with sl of 675
13:53 Shai : mindtree at recent lows with no confirmation of high value buying yet
13:53 Shai : 833 is ythe old buyer
13:53 Shai : can hold 830 sl for 870
14:04 Pradeep : tx Shai
14:05 MJ : Thanks shai
14:10 Shai : zee dropped down quickly to 454 in a WTH move
14:10 Shai : some news?
14:10 Shai : trend day down – getting sold again here 464
14:36 Gaurav : Zee yes i guess some downgrade news
14:36 Gaurav : looked a decent long at close yesterday
15:03 Subhodeep : @shai would it be fair to say obj for indusindbank now is at 1662 1670 rang ?
15:06 Shai : okay Gaurav. Hope you were not long in it
15:07 Shai : 1662 can come
15:19 Gaurav : nope did not take the trade