Order Flow charts dated 18th June

Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.

Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.

NF

30 Min Fp Nf 10 Order Flow Charts Dated 18Th June 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 10 Order Flow Charts Dated 18Th June Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

09:20 Shai : Buy BNF abv 30435 sl of 30350 tgt 30530

09:24 Shai : (09:24) Shai : Exit the BNF longs at 30395- 30400 here

09:40 Shai : (09:39) Shai : Intra – short BNF 30290 sl of 30430 tgt 30110 . short near 30290.

10:02 Shai : (10:01) Shai : Make exits in the BNF at 30385 cmp

11:29 Shai : (11:28) Shai : Positional – Buy NF 11723 sl of 11656 tgt 11837/ 11900.

11:45 Shai : (11:45) Shai : Intra – Buy BNF 30540 and 30405 in 2 parts sl of 30320 tgt 30700. Buy 1 part here
(11:45) Shai : we will buy a dip it it comes but let\’s ride the momentum here

12:42 Shai : (12:42) Shai : Intra – Book the BNF trade at 30555- 30560 F here. We will enter a full position later

13:24 Shai : (13:24) Shai : Buy 11700 pe at 55 sl of 34 as hedge to NF longs


09:00 Shai : GM all
09:01 Chetan Panchal : gm
09:01 Himanshu : Gm all
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-17th-june/
09:03 Krishan : GM
09:06 Uttam : Good Morning All 🙂
09:06 Sumesh null : good morning all
09:07 Sumesh null : india will overtake china in 8 years
09:07 Sumesh null : in population growth
09:08 Ramakanth : gm all
09:08 Shai : 11700/ 30320 F are the bias points for today’s open
09:08 Shai : will want to see if we generate volume above these 2 for signs of a slight recovery
09:09 Shai : supply firm at 11740- 49 from where the auction moved lower late yesterday 4
09:09 Shai : 30430 -440 equivalent level in the BNF
09:09 Shai : could be an inside day
09:10 TP : GM All.
09:10 Uttam : BNF had the lowest range & volumes since a month
09:10 Uttam : yesterday so looks like market coiling before the next move Shai?
09:10 Kiran : good morning sir
09:11 Shai : we are near vpoc of May
09:11 Shai : vwap below is the only supp left – else a major slide pre budget
09:12 Uttam : cool Shai so 2atr move from that weekly FA possible before budget then
09:12 Himanshu : chief – We have positive COT while price is down – does it mean accululation #
09:12 Shai : how much is it?
09:13 Himanshu : 217K in NF and 131K in BNF
09:13 Rajiv : What is this number? Shai : vwap below is the only supp left – else a major slide pre budget
09:13 Dhaval : what is COT?
09:13 Dhaval : i joined room yester and new to all this
09:14 Uttam : 2atr comes to 11480 Shai
09:14 Uttam : NF
09:14 Shai : vwap- (09:13) Rajiv : What is this number? Shai : vwap below is the only supp left – else a major slide pre budget
09:14 Govind : 11696 Rajiv
09:14 Govind : It is in Uttam’s report
09:15 Rajiv : Thanks
09:15 Uttam : @Dhaval welcome to VT, would suggest you go through the links in the welcome mail as that would give you a good base to startobserving the charts in the room
09:16 Sandip : GM all
09:16 Uttam : booked your Ces Sandip?
09:17 Sandip : Yes just 5 pts above averaged cost 🙁
09:17 Uttam : green it is right so good 🙂 congrats
09:18 Sandip : haha thx Uttam
09:19 Rajan : good morning
09:19 Amit : hello
09:19 Amit : gm
09:20 Shai : Buy BNF abv 30435 sl of 30350 tgt 30530
09:21 Sujeet : trggrd
09:22 Shai : yes
09:22 Shai : 11750 expected NF
09:24 Shai : Exit the BNF longs at 30395- 30400 here
09:25 Shai : supply coming just after our entry
09:26 Shai : may dip to 30300
09:29 Shai : looked so good to clear this till that RS came – (09:09) Shai : 30430 -440 equivalent level in the BNF
09:30 Uttam : BNF going to repair yesterdays poor lows
09:31 Anubhav null : damn
09:31 Sujeet : gone
09:31 Jitender : 30.4pe 192-275…420 bnf yday lvl
09:32 Shai : +1
09:32 TP : jit same here 202 to 258 holding rest with sl.
09:32 Jitender : +1
09:32 Boppanna : +1
09:32 Shai : had to be quick in that reversal
09:33 Shai : done- (09:26) Shai : may dip to 30300
09:33 Jitender : =
09:33 Jitender : +1
09:34 Sujeet : yes ws quick
09:34 Uttam : nice trades Jit & Tej 🙂
09:34 TP : tks Uttam, Shai’s supply alert wasbang on.
09:35 Jitender : tx guys
09:35 Ramakanth : truly
09:35 Ramakanth : last min reversed played
09:35 Ramakanth : thnx
09:36 Shai : looks like RBI is keeping USDINR from that 70 mark through Futures
09:37 Boppanna : Shai can we have 30200pe on screen for few min
09:39 Shai : Intra – short BNF 30290 sl of 30430 tgt 30110 . short near 30290.
09:40 Sandip : +1 Shai
09:41 Uttam : 13k buyer in BNF, could be morning shorts booking
09:41 Shai : OTD Uttam
09:41 Shai : vwap ref
09:41 Uttam : yes Shai
09:42 Uttam : +1
09:42 Sandip : NF alsostrong tilt down
09:42 Sandip : @ shai what to expect in NF for lower level reference?
09:42 Shai : BNF trade in
09:42 Uttam : spike on Friday when we got I did mention in the report that the imbalance may continue
09:42 Shai : NF may test 11610
09:42 Sandip : Thank you
09:43 Uttam : Amen Shai 🙂
09:43 Uttam : huge writing on in 11700ce
09:43 Sujeet : sold
09:44 Sujeet : trggrd
09:44 Sandip : Yes Uttam
09:45 Uttam : needs to stay below 11685 & 30290
09:48 Kandhasamy : sold at 30311
09:52 Uttam : greens in NF at VAP
09:52 HPandey : OTD in both shai?
09:54 Sumesh null : reversal?
09:55 Sujeet : mght rvrse
09:55 Sujeet : fr a small bounce
09:56 Sandip : For me , as long as NF stays below 11719 its safe for downside
09:56 Sandip : Some short covering near vwap for now
09:57 Shai : BNF- the open rejection of today is driven by OTF and on high volume
09:57 Shai : Have a bigger stop for this trade as we are bumping against a big gap fropm 17-20 May
09:57 Chetan Panchal : both mechanical highs
09:57 Uttam : IB forming in both on 5mins
09:58 Uttam : failure of this will be a nice fresh short
09:58 Shai : it’s actually day TF versus a larger frame so we let the auction play out
09:58 Sujeet : ok
09:58 Boppanna : Needs to get back above 165 for a move up IMO09:37 Boppanna : Shai can we have 30200pe on screen for few min
09:59 Shai : on screen
09:59 MJ : 14k green on poc.
09:59 MJ : bnf
10:00 Sujeet : spikes
10:00 Sandip : ok now looks like grind day
10:01 Shai : Make exits in the BNF at 30385 cmp
10:02 Shai : fried 🙁
10:03 MJ : This guy ran it up (09:59) MJ : 14k green on poc.(09:59) MJ : bnf
10:03 Chetan Panchal : mechanical highs in A periods always get visit
10:03 Uttam : (09:52) Uttam : greens in NF at VAP(09:57) Uttam : IB forming in both on 5mins
10:03 Uttam : (09:45) Uttam : needs to stay below 11685 & 30290
10:03 Sujeet : it happns when we have one way down..so near pullback area its always volatile
10:03 Uttam : 11700ce writers in trouble
10:04 Uttam : drive VWAP tested so early & failed & we make new highs for the day
10:04 Sandip : Shai just a general question
10:05 Sandip : IS Short covering above or around vwap good for a move up? Or could be to just hit stoplosses?
10:08 Rajiv : Shai / Jit BNF showing signs of buying or SC?
10:09 Sujeet : price wl tell n order flow
10:10 Jitender : Rajiv sum buyn
10:10 Jitender : also
10:10 Jitender : 420 bnf still my lvl
10:11 Ashutosh : mine too
10:11 Ashutosh : exited longs there
10:11 Ashutosh : thanks Jit
10:11 Boppanna : 540 above 430 BNF if 380 holds
10:12 Uttam : today looks like initiative buying at vwap 50K COT in NF
10:12 Uttam : 28k COT in BNF
10:14 Sumesh null : rangebound for today
10:17 Narendra : seems to be a premium eating day …… better to stay away at least for next few hours
10:18 Sumesh null : slow moving
10:18 Uttam : a C side ext will be nice & then a FA 😉
10:18 Uttam : #wishful thinking
10:20 Sumesh null : what’s FA
10:21 Govind : Would be nice :)….10:18 Uttam : a C side ext will be nice & then a FA 😉
10:22 Govind : FA is Failed Auction Sumesh
10:23 Sumesh null : thanks
10:27 Himanshu : time to watch today is 11.45 onwards
10:27 Himanshu : change from Mul Nakshatra to PurvaAshadha
10:27 Himanshu : Mul is for base making –
10:28 Sumesh null : 1115 i think
10:28 Himanshu : from yesterday to 11.45 am – High and low is imp- whichever side its breaks – we can go that side as that level will not be visited till 20th 3.45 PM
10:29 Himanshu : will take us thru expiry –
10:31 Shai : abv vwap generally- (10:05) Sandip : IS Short covering above or around vwap good for a move up? Or could be to just hit stoplosses?
10:31 Sandip : Thank You Shai
10:32 Shai : A high is not mechanical , was a look up and fail- (10:03) Chetan Panchal: mechanical highs in A periods always get visit
10:33 Uttam : Auction has tagged yesterday’s trend day vwap too in that process
10:33 Jitender : so…sum context from my side…just an opinion…yday MB 370-420 wich was more than 100+ mins….writers wrote puts ….held 300 yday…today tere first mve was up…to protect profits….gt a sell..ten deployed money to bring it up again….370-420 again balance zone……a decisive money either side will gv a gd trade
10:34 Jitender : n as usaul writers will milk it fr their %age gains
10:34 Shai : +1
10:34 Shai : A and B are opp today so ecxpecting some balancing here for next few hours. yes writers start taking over
10:35 Shai : 30320 F is coming again but sl is 30430 F so 1: 1
10:36 Jitender : 30.4 pe had a fill of 145 at 420..gt out at 165…coz of the balance…
10:36 Jitender : 30.3*
10:38 Shubro : wonderful analysis Jit – need more of those reads for the amteurs here
10:39 Shubro : looks like we are in this zone for a while
10:39 Jitender : always pick anamolies …yday 2 much time fr MB..price cud have easily brkn dwn…but y id didn’t ..so colrelate with psycology of big guy
10:39 AN : Thanks Jit, great learning _/\_
10:40 Jitender : only prob happens wen another big guy comes 2 kill the first one…tats were lvls n ref come in play
10:41 Jitender : n the most dangerous r the cash basket buys n sells…tey nvr gv notice n cum all of a sudden….n nvr respect lvls
10:42 Jitender : so wat a biz to b in 🙂
10:44 Sandip : spot trying hard to fall
10:44 Uttam : lets break vwap
10:44 AN : new adveture every day/hour/min 🙂 and dont forget our beloved cartoon network 🙂
10:47 Govind : HDFCB falling fast
10:47 Govind : But ICICIB going up
10:47 Uttam : Bot gave a sell in it
10:48 Govind : Yes Uttam
10:48 Govind : BOT has also shorted BNF
10:48 Sandip : day low test also possiblle in NF
10:48 Uttam : +1 Sandip in with you
10:49 Shubro : yo Sandip
10:49 Uttam : for now tsking sup at 11712 NF
10:50 Sandip : yes Shubro
10:51 Uttam : (10:44) Uttam : lets break vwap
10:51 Shubro : i meant on for the low Sandip
10:51 Sandip : nice Uttam
10:51 Sandip : ok awesome
10:51 Shubro : breaks here needed
10:54 Shubro : break 11700 we are in business
10:56 Himanshu : open protected so far
10:59 Ashutosh : anyone going short ?
10:59 Sandip : If a day low break happens, move should not drop below11650 considering the buildup in 11700PE is also there
11:01 Jitender : yup
11:02 Jitender : abv 470—-690 is a quickie fr bnf—possibility
11:03 Shubro : this is now looking like a P profile jit?
11:04 Jitender : nt yet
11:04 Jitender : i usually nvr pre empt
11:04 Shubro : right
11:05 Jitender : Uttam is the better expert for MP
11:06 Shubro : you are super mario crossing levels
11:07 Uttam : greens back at vwap
11:07 Uttam : above 11720 NF could extend higher
11:09 Uttam : 5 more mins for D to complete
11:14 Sandip : this current scenario has much better chances of a downmove than in the morning dip
11:15 Jitender : y do u say tat?
11:17 Sandip : because of nifty spot, in the morning it was less supportive of a downfall..now it is pointing downward. I have a different way of looking at it.
11:17 Jitender : k
11:17 Govind : boom
11:17 Jitender : yup
11:17 Himanshu : boom#Jit
11:18 Jitender : good fr all
11:18 Sandip : bnf? 64 k refresh needed?
11:19 AN : great read jit. big seller at 450 in bnf
11:20 Jitender : Shubro see (11:03) Shubro : this is now looking like a P profile jit?(11:04) Jitender : nt yet(11:04) Jitender : i usually nvr pre empt
11:20 Shubro : yes Jit
11:20 Sujeet : yes..ws fresh seller?
11:20 Jitender : 12.30 btter time fr profile conclusions
11:20 Shubro : noted
11:20 Uttam : (11:07) Uttam : greens back at vwap(11:07) Uttam : above 11720 NF could extend higher
11:21 Jitender : +1
11:22 Uttam : BNF res for now at pwl
11:22 MJ : Bnf you beauty.
11:23 Sandip : Uttam
11:23 Uttam : early DD in it looks like
11:23 Uttam : boom
11:23 Sandip : If Bnf stays above 30480 ke 0’s then that becomes support?
11:23 MJ : Booked 30500 ce (09:59) MJ : 14k green on poc.
11:24 Uttam : start ot 0s is near 30400 Sandip so that is support
11:24 Sujeet : /\p]-[
11:24 Uttam : those 0s at top were more cos of that 60k red which was a mix of orders I guess
11:24 Sandip : correct
11:24 Sandip : Thanks
11:25 Uttam : +1 🙂
11:26 Boppanna : Op+ra 520 High 510 ..out.. 10:11 Boppanna : 540 above 430 BNF if 380 holds
11:27 Jitender : +1
11:27 Jitender : congo BoP…neat
11:27 Uttam : a) BNF has immediate resistance at 30390 above which it could probe higher to 30435-470 & 30510
11:28 Jitender : now my lvls fr up/dwn…470/420
11:28 Sandip : +1 Bopanna and Uttam
11:28 Boppanna : +1 Uttam’s hypos
11:28 Jitender : see wat fun it is if u get mkts slightly rite
11:28 Himanshu : 2DT so far
11:28 Uttam : this move aint over yet
11:28 Jitender : congo Himanshu
11:28 Shai : Positional – Buy NF 11723 sl of 11656 tgt 11837/ 11900.
11:31 Shai : BNF potentailly also back to 30800 on this failure today below 30300
11:31 Govind : Friday’s spike ext. handle beckons BNF?
11:32 Govind : 30690
11:32 Boppanna : Seems like a long while since a positional call in NF
11:32 Shai : yes BNF first one to reverse
11:32 Uttam : looks like both NF & BNF going to negate previous week’s Fa at highs with a FA at lows this week
11:33 Shai : if all works to plan NF shopuld be close to 11800 by clos etoday
11:34 Govind : +1 Shai
11:34 Chetan Panchal : 11740 a hurdle ?
11:35 Shai : yes that remains for intra
11:35 Chetan Panchal : ty
11:35 Shai : expecting a 50 point spike if that croissed today itself
11:35 Chetan Panchal : biingo
11:36 Uttam : Nifty Spot needs to get above 11720
11:39 Govind : another mini boom
11:41 Himanshu : PM to meet industry Leaders – in all sectors
11:41 Himanshu : Seeking their input for Job creation and growth
11:41 Himanshu : subsequently each sectoral reperesentation will be done
11:41 Himanshu : Boom days ahead
11:42 Govind : BNF in spike range
11:42 Govind : 30503 spike low
11:43 Uttam : prev week low too
11:43 Uttam : which is why negotiation on 😉
11:43 Govind : Ok Uttam, good to know
11:43 MJ : Charts slow for anyone?
11:43 Govind : steady rise now
11:44 Uttam : boom boom
11:44 Govind : No MJ
11:44 Uttam : (11:07) Uttam : above 11720 NF could extend higher
11:44 Uttam : new highs here in NF
11:44 Govind : +1
11:44 Sandip : +1
11:45 Uttam : now lets take spot above 11720
11:45 Govind : gap up between the two 30 min candles Uttam
11:45 Govind : in BNF
11:45 Shai : Intra – Buy BNF 30540 and 30405 in 2 parts sl of 30320 tgt 30700. Buy 1 part here
11:45 Shai : we will buy a dip it it comes but let’s ride the momentum here
11:45 Uttam : 45k red in NF at new highs
11:45 Jitender : 480-540 bnf dne
11:45 Govind : +1 Jit
11:45 Uttam : some of the longs booking looks like
11:45 Uttam : nice Jit 🙂 +1
11:46 Jitender : 3x+
11:46 Jitender : tx guys
11:46 Uttam : so triple khamba tom 😉
11:46 Boppanna : Nice one Jit
11:46 Sandip : +1 Jitender
11:47 Jitender : cheers
11:47 Uttam : c) Above 30510, the auction can rise to 30570-590 & 30665
11:48 Rajiv : Please elaborate Uttam : so triple khamba tom 😉
11:49 Uttam : 1x = 1 patiala
11:49 Jitender : Uttam ka ek se kuch nahi hota 🙂
11:49 Uttam : so 3x means triple khamaba
11:49 Uttam : Jit is a tower so he needs towers only 😉
11:49 Uttam : pegs are not for him
11:50 Jitender : ek dost hi durse dost ko samajtha hai
11:50 Uttam : 🙂
11:51 Jitender : 30.5ce 175-154..scalp
11:52 Himanshu : This Path Lab fellow talking about growth in business
11:52 Himanshu : they re looking at oppurtunity in growth in Chicken Guniya
11:52 Himanshu : and all other illness as rain comes
11:52 Himanshu : what a petty
11:53 Himanshu : MC BC – praying for people to fall sick
11:58 Sandip : @Shai
11:58 Sandip : what are those dark greend bands in option charts?
12:03 Sandip : the ones extending beyond 5 min bars?
12:03 Sandip : Uttam any idiea?
12:03 Shai : BNf steady up
12:04 Shai : prev imbalance zones- (12:03) Sandip : the ones extending beyond 5 min bars?
12:04 Shai : still looking for BNF to hit than anomaly at 30700 hence the long trade
12:04 Tina : SHAI PLZ CHECK JULY NF
12:04 Sandip : Thx Shai
12:04 Tina : y oi addition
12:05 Tina : rollover started too early or what
12:05 Shai : how much is it?
12:06 Tina : 16 %
12:06 Tina : 3.17 lakhs
12:07 Shai : not sure. donlt track intra day OI
12:07 Shai : anyone here knows?
12:07 Sandip : For July I dunno, only current series
12:08 Tina : its not intra , means sombody rollover today
12:08 Tina : u njust check in july nf chart
12:08 Shai : happened now past 20 mins?
12:08 Rajendra : what is diff between POC,dpoc and vpoc what we see in mplite
12:11 Tina : constant additiond
12:11 Shai : poc and vpoc is essentially same thing – highest POC of previous sessions
12:11 Shai : dpoc is highest volume of today’s session
12:12 Shai : d is developing so subject to change
12:13 Uttam : one of that 40k guy looks like a roll in July
12:14 Anubhav null : above ywvap nifty will tag 11775
12:16 MJ : 11752 profile anomaly in previous day profile.
12:17 Himanshu : NF spot yet hovering below 720
12:17 Govind : HDFCB needs to help spt HImanshu
12:18 Uttam : (12:11) Tina : constant additiond…apart from one big 40k guy not much addition in Jul NF
12:20 Shai : yes from OF only one big guy at 11741 F today
12:20 Shai : no big ones in June
12:20 MJ : He rolled to july?
12:20 Shai : NF lagging a lot behind BNF today
12:20 Shai : BNF already at yestrerday highs
12:21 Uttam : that trend day vwap holding it Shai?
12:21 Shai : 11740 seller needs to be taken out for the clmb higher
12:21 Govind : Shai, y’day’s BNF high was 30614, no?
12:21 Shai : yes
12:22 Uttam : that was also freak high very less vols above 30560
12:23 Uttam : yesterday also BNF left pbh in D period at the monthly IBL of 30562 & today also same as of now
12:27 Uttam : (11:45) Uttam : now lets take spot above 11720…Spot made high of 11718 after this
12:31 Govind : Spot making an attempt here Uttam
12:32 Uttam : yep lets do it 🙂
12:32 Govind : Let’s go!!
12:32 Govind : It is RIL this time
12:32 MJ : Aye aye!
12:32 Sujeet : boom
12:40 Anubhav null : push bulls last mauka
12:42 Shai : Intra – Book the BNF trade at 30555- 30560 F here. We woill enter a full position later
12:42 Uttam : 20k red & 0s at top stalling the upmove for now there Shai?
12:44 Uttam : RS in NF also at 11746
12:45 Sujeet : nf hold rght?
12:46 Anubhav null : fa uttam?
12:46 Anubhav null : in nf
12:47 Tina : anyone for 11775 11800 11831
12:47 Uttam : bring it on Tina 🙂
12:47 Tina : bnf seems 30700 30950
12:56 Sandip : Nifty spot is lagging…needs to move harder for upside break and test of 11750
12:57 Sandip : at the moment 11700 PE writing is much stronger than 11700 CE writing.. so lets see
12:59 Anubhav null : struggling
12:59 Chetan Panchal : nifty spot got anamoly at 11730-735
13:01 Govind : 11k grens at IBH
13:01 Govind : greens*
13:04 MJ : 🙂
13:04 Himanshu : crssoing now 720 Spot NF
13:08 Sandip : it crossed before also..but needs to hold that level
13:09 Shubro : time to move
13:10 Shubro : that she blows
13:11 Shai : yes SC should ome
13:11 Shai : take the 11700 call abv 71
13:11 Shai : shoumd explode to 135
13:12 MJ : Tagged and invites some reds (12:16) MJ : 11752 profile anomaly in previous day profile.
13:12 Sandip : perfect Shai!
13:12 Shubro : wut is that 46k?
13:12 Sandip : I have that call at 60
13:12 Anubhav null : nice mj
13:12 Himanshu : 46k red in nf
13:12 Sandip : stop losses
13:12 Shubro : is that a new seller
13:12 Himanshu : chalo wapas
13:13 Himanshu : vwap
13:13 MJ : Looks like a booking out guy or sl. Shai can confirm.
13:15 Sandip : Uttam
13:15 Sandip : What is significance of 11720 spot?
13:16 Uttam : developing weekly POC
13:16 Sandip : Thanks
13:16 Uttam : and morel ike a ledge now as above it we have a low vol zone till 11765
13:17 Himanshu : today is for writers –
13:17 Uttam : also yesterday spot made a ‘b’ shape profile with POC at 11720 so above poc of ‘b’ auction turns bullish
13:18 Shai : If COT stays positive today all the negarrtive from 12100 is out of the system – https://vtrender.slack.com/archives/C0F2X2TFW/p1559558738002900
13:19 Uttam : super Shai +1
13:20 Shubro : 17 sellers there again
13:20 Rushabh : charts lagging shai
13:22 Govind : Crapping out here Shubro?
13:23 Shubro : dump royale
13:23 Shai : fasy drop
13:23 Uttam : -85k COT
13:23 Uttam : -46k in BNF
13:23 Himanshu : in one bar – checking IBL
13:23 Jitender : bnf 54-420 dne
13:24 Boppanna : +1
13:24 Sumesh null : nifty hold?
13:24 Uttam : BNF from upper hvn to lower one
13:24 Shubro : SOB
13:24 Shai : Buy 11700 pe at 55 sl of 34 as hedge to NF longs
13:25 Himanshu : chief – NF will be more reliable – as COT is still positive#
13:25 Jitender : jet news
13:25 Shai : joker of a market today
13:27 Shai : yes but liquidation in that bar- (13:25) Himanshu : chief – NF will be more reliable – as COT is still positive#
13:27 Himanshu : ok
13:27 Shai : can go to day lows
13:29 Boppanna : Below 380 trouble in BNF
13:29 Anubhav null : fa in nf
13:29 Uttam : no Anubhav was there for more than 30mins above IBH
13:30 Uttam : from 2.5L COT NF now just 84k
13:31 Himanshu : it takes half a day to build this +ve cot and 2 bar to take it to dance bar
13:31 Anubhav : oh thats also a rule dint knew
13:31 Uttam : -2 L COT on 30min NF
13:31 Anubhav : yvwap resisted as expected
13:32 Shai : -70k cot
13:32 Chetan Panchal : Fa in making
13:33 Shai : if bulls don’t fight here they will lose 80 into close
13:33 Shai : 11680F to watch
13:33 Anubhav : yesterdays trapped longs exited i think
13:33 Anubhav : n went short
13:33 Anubhav : at 11740
13:33 Tina : seems a vwap test only
13:33 Uttam : probable FA in 11700ce 27th June
13:39 Uttam : Day’s COT now just 16k
13:39 Anubhav : hypo b coming to play in nf looks like
13:39 Anubhav : any news on tv for such sudden crack?
13:39 Shubro : BNF looking to reverse?
13:39 Himanshu : uttam – In BNF is negative form start
13:40 Himanshu : so r we considering last 2 days – positive cot for lon call
13:40 Uttam : yes -1L in this 30min bar there too
13:41 Himanshu : think buyer emerging – slowly reducing
13:41 Himanshu : chief – Long pos call in NF is open ?
13:41 Uttam : POC on 30mins shifts to lower end
13:45 Vijai : green near VAL
13:45 Rushabh : yay! 😀
13:45 Shubro : man this was one shakeout move
13:45 Anubhav : yeah shubro
13:45 Anubhav : day low held
13:45 Shai : yes keep a hedge
13:45 Rushabh : shai’s making it keep alive and positive
13:46 Shai : need a move abv 11740F for that to be very secure
13:46 Sujeet : Carry hedge overnigght?
13:46 Shubro : Jit morning words are ringing in my ear…what a dangerous biz
13:46 Shai : yes
13:46 Jitender : tis looks dii=morn n yday MB buyrs
13:47 Anubhav : vwap needs to be taken zor lagao
13:47 Govind : BNF F in discount
13:47 Shai : BNF option structure prints a close here at 30400?
13:47 Himanshu : Chief can w ego long NF
13:47 Himanshu : with 650 SL – Posotional
13:48 Shai : we are long
13:48 Himanshu : ok thanks
13:49 Shai : please do not ask questions on existing trades, it may confuse the others. any update will post . appreciate the cooperation
13:49 Anubhav : baarish karwao tansen ko bulao …lol
13:49 Uttam : what a nice bell in NF 🙂
13:49 Shai : have added the hedge as my view was a strong move abv 11750F but we did not make it
13:50 Shai : we will give the market more time
13:50 Rushabh : shai what happens when the cot closes +?
13:50 Shubro : anyone else going to bankruptcy court this week? lol
13:51 Govind : Shubro 🙂
13:51 Anubhav : promotors r greedy
13:51 Shai : we may close right here today
13:51 Anubhav : they have already siphoned off the money they needed for their liftime
13:51 Shai : hope no more surprises today
13:51 Shai : 2 sharp moves already
13:53 Shai : B was opp of A now I opp of B in NF
13:53 Shai : same range
13:53 Shubro : seems like we need to ignore that upper distrbution again.
13:59 Govind : Shubro, it has been a while since I got b*#@h slapped by the markets….and today it happened again
14:01 Boppanna : drop & bounce in Euro and S&P
14:01 Boppanna : *SPX
14:01 Rushabh : sharp rise
14:01 Jitender : 1.5 hr left Govind
14:01 Govind : Yes Jit…still in the long trade
14:02 Shubro : its ok Govind hota hai
14:02 Chetan Panchal : for newbies its a konockout day
14:02 Shubro : play eye of the tiger Chetan
14:02 Shubro : o teri
14:03 Jitender : m missing n keep gettn logged out
14:03 Anubhav : wah
14:03 Govind : booom
14:03 Govind : HDFCB
14:03 Sujeet : again boom
14:03 Shubro : wah wah
14:03 Rushabh : 0’s
14:03 Shubro : what moves
14:03 Shubro : Shai super that long
14:04 Govind : watching that 11700 ce…at 58 now
14:04 Govind : Shai said 71 is the breakout price
14:04 Jitender : told u DII
14:04 Shubro : take eeee it away
14:04 Anubhav : dii debt wala loss khake lagata hai equit me aa gaye
14:05 Himanshu : boom boom shaka laka
14:07 Shubro : see what happens when you play eye of tiger
14:07 Jitender : tey r layn expiry
14:07 Shubro : hmmm
14:08 Himanshu : This DII is Jit
14:08 Govind : We’ve the Fed rate announcement tomorrow night…should be a cracking expiry
14:08 Shubro : dovish right expected Govind?
14:08 Govind : That is what I am reading
14:08 Anubhav : fed will say they will cut soon
14:08 Uttam : NF COT back to 1.5L
14:09 Govind : Yes Uttam
14:09 Govind : So, Uttam that entire down move was liquidation?
14:09 Govind : of longs?
14:09 Himanshu : profit booking
14:10 Uttam : taking out of weak hands could be
14:10 Himanshu : yes – so cost is lower for carry foreward
14:10 Govind : 11740 coming up
14:10 Sujeet : hedge on d verge f brkdwn
14:11 Jitender : all out
14:13 Sandip : You had calls Jitender?
14:13 Govind : Recovered 1/3rd in that move
14:13 Sandip : same here GOvind…-2dt remaining now 🙂
14:13 Anubhav : hariyali jyada ho gayi
14:13 Jitender : Sandip…..vry small scalp
14:14 Govind : Haha, mine is smaller Sandip, but will be difficult to recover today I feel.
14:14 Jitender : killed my shrts here (13:46) Jitender : tis looks dii=morn n yday MB buyrs
14:14 Sandip : nice Jitender, evrything + + is good, Uttam told me in the morning 🙂
14:14 Amit : me too Recoveing slowly
14:14 Jitender : had gne up2 4.38….nw 3.78
14:15 Jitender : had taken shrts wich wiped out sum mtm…
14:15 Uttam : Spot back near 11720
14:15 Shai : days lows of 69.74- (09:36) Shai : looks like RBI is keeping USDINR from that 70 mark through Futures
14:16 Govind : 11700 CE near 66
14:17 Govind : Booom
14:17 MJ : 11777
14:17 MJ : cometh.
14:17 Boppanna : any globe news?
14:17 Govind : No Bops
14:17 Govind : just tuned in the tv
14:17 Govind : nothing
14:17 Uttam : and just like that COT back to 2.2L
14:17 Boppanna : ok thx
14:17 Govind : NF back above 11740
14:17 Uttam : ext handle coming?
14:18 Shubro : chalo glad didnt exit that long
14:18 Jitender : Govind..u shld b k now 🙂
14:18 Shubro : aur dum hai kya isme Jit?
14:18 Govind : Yes Jit, 50% recovered
14:19 Govind : am glad
14:19 Jitender : +1
14:19 Govind : Thanks Jit
14:19 Shai : 70 cross to watch- (14:16) Govind : 11700 CE near 66
14:19 Uttam : yes Shai
14:19 Shai : roughy 11756F
14:19 Govind : Pivot and change direction!!
14:19 Govind : Yes Shai. Thanks
14:20 Anubhav : still holding that high
14:20 Anubhav : mj kuch karo
14:20 Jitender : 11740 / 540 bnf
14:21 Govind : Safe zones Jit?
14:21 MJ : I am seeing zones same as Shai @anubhav.
14:21 Jitender : sell point
14:21 MJ : Till that is out. we must rotate.
14:21 Anubhav : yes jit
14:21 Govind : oh ok.736 was the largest volume y’day
14:22 Anubhav : sold 11900 weekly call
14:22 Anubhav : chota satta
14:22 Sandip : Is this the DII circus? considering the FED announcement is out later in the week? and FIIs must be away?
14:22 Jitender : 30.4pe 124-155, gt sum back
14:22 Jitender : 🙂
14:23 Sumesh null : nifty going down
14:23 Anubhav : wah
14:23 Govind : +1 Jit
14:23 Jitender : elephants fightn
14:23 Govind : nice big bell in NF
14:23 Sandip : nice one Jit
14:23 Sumesh null : who. wins
14:24 Anubhav : vwap again
14:24 Anubhav : algos
14:24 Jitender : Sumesh….i dont care
14:24 Jitender : scalp milna chaiye
14:24 Uttam : one of the elephants will win 😉
14:24 Sandip : a 10-15 pt drop in nf wud have been better
14:24 Jitender : lol Uttam
14:24 Uttam : now we have a probable FA at highs
14:24 Govind : Shai said yesterday that today will be a rangebound day. So true
14:25 Sujeet : hedge got hit
14:25 Sujeet : 33.7 low
14:25 Uttam : that is morning low
14:25 Sujeet : any update?
14:25 Uttam : now low was 34.3
14:26 Jitender : kya bola (14:20) Jitender : 11740 / 540 bnf(14:21) Jitender : sell point
14:26 Sujeet : mine gt triggered
14:26 Narendra : (10:17) Narendra : seems to be a premium eating day …… better to stay away at least for next few hours
14:26 Sujeet : at 34
14:26 Uttam : you do not place it in system till 2:30
14:26 Uttam : golden rule
14:27 Jitender : rock n roll
14:27 Sandip : nice
14:27 Sujeet : yes but fr safer side i kept today.as it ws hedge nly
14:27 Sandip : finally -1 dt remaining
14:28 Uttam : @Sujeet for a hedge it makes more sens not to put in system as you alreayd are holding a contra position
14:28 Sandip : bnf 200 points in 10 mins wth is happenning there..
14:28 Uttam : anyways please keep this in mind in future
14:29 Sumesh null : sounds Greek
14:29 Sujeet : yes sure..
14:29 Sujeet : do we need to carry hedge overnght
14:29 Uttam : it will depend on how we close, if SL hits the automatically out
14:32 Jitender : if 350 goes we get DLs n more
14:34 Uttam : 11690 will be imp if we get there
14:35 Govind : Europe is recovering now
14:36 Govind : Euro down .3%
14:36 Chetan Panchal : NF and BNF both in channel play..watchout the break
14:42 Himanshu : today profile shape is called ?
14:42 Himanshu : DD ( minor)
14:42 Uttam : dimaag ka dahi DD 😉
14:42 Himanshu : haha
14:42 Himanshu : Chotu – DD
14:43 Jitender : (10:40) Jitender : only prob happens wen another big guy comes 2 kill the first one…tats were lvls n ref come in play(10:41) Jitender : n the most dangerous r the cash basket buys n sells…tey nvr gv notice n cum all of a sudden….n nvr respect lvls
14:43 Jitender : rite day fr abv
14:43 Ashutosh : jit long or short here ?
14:43 Ashutosh : 350
14:44 Jitender : waitn
14:44 Ashutosh : okke
14:44 Uttam : no DD today Himanshu
14:44 Ashutosh : m up 3DT thanks to u _/\_
14:44 Uttam : NF anyways a bell & BNF converitng a probable DD to bell now
14:44 Jitender : congo Ashu
14:45 Ashutosh : thanks
14:45 Ashutosh : means a lot
14:45 Uttam : nice Ashutosh 🙂 congrats
14:45 Ashutosh : played beautifully toay \
14:45 Ashutosh : today
14:45 Ashutosh : captured all long and short move
14:45 Jitender : +1
14:45 Himanshu : if bell – Uttam means will go up from here BNF
14:45 Ashutosh : 30300ce long at 179 currently
14:46 Jitender : hedge
14:46 Ashutosh : with ?
14:46 Jitender : Ashu book all n enjoy
14:46 Ashutosh : okk
14:46 Ashutosh : thnx
14:46 Jitender : 45mins left
14:46 Jitender : y expose
14:48 Jitender : see
14:48 Ashutosh : thnx boss
14:48 Ashutosh : m saved
14:48 Ashutosh : got perfect exit
14:48 Ashutosh : near to cost
14:49 Jitender : m a trader or wat 🙂
14:50 Azmath : Jit Dada _/\_
14:50 Jitender : _/\_
14:51 Jitender : bingo (14:32) Jitender : if 350 goes we get DLs n more
14:51 Jitender : DL
14:51 Uttam : ext handle down?
14:51 Uttam : FA confrimed in NF at 11748
14:52 Jitender : BKC…we get more (14:32) Jitender : if 350 goes we get DLs n more(14:51) Jitender : bingo (14:32) Jitender : if 350 goes we get DLs n more
14:52 Sujeet : dl
14:52 Himanshu : Le gaya sab long ke SL
14:52 Jitender : Uttam has made one elephant win
14:53 Himanshu : now on 3.05 upper
14:53 Uttam : COT goets into negative
14:53 Sujeet : yes
14:53 Ashutosh : 30300pe 179 to 218
14:54 Sujeet : bnf almost 2 lkhs
14:54 Shai : neut ext coming up
14:55 Uttam : NF has a FA at 11749 Shai
14:56 Uttam : 11619 1atr
14:56 Shai : okay
14:56 Shai : 11656 last place for intra bounce
14:57 Anubhav null : some rb
14:58 Sujeet : thts too our sl right?
14:58 Sandip : Shai NF?
14:59 Sujeet : 657 low
15:00 Anubhav null : nice greens
15:00 Shai : day lows done
15:01 Sandip : + 1 Shai mad equick 20 pts after you mentioned the bounce zone
15:01 Shai : cmom push back to 11720
15:01 Anubhav null : lol watta day
15:01 Vijai null : great shai.. +1
15:01 Anubhav null : fa at lows now?
15:02 MJ : Yes shai made quick 20 on F.
15:02 Sandip : finally 0dt…some brokerage…ab naa hoo payee auur circus
15:02 MJ : If you survive today’ kinda day. Pat your back.
15:02 Shai : wild freaking day
15:03 Chetan Panchal : one more dip low remains in nf
15:03 MJ : And if you are green, stay humble.
15:03 Sandip : I wanna see FII DII numbers for today..im sure this is desi circus
15:03 MJ : Yes shai. Mad freaky day. with just 95 pt range.
15:03 Rushabh : shai longs are saved and carry?
15:04 Shubro : kya trades today Govind you ok bro?
15:04 Ashutosh : 3DT done
15:04 Govind : crazy day bro
15:04 Ashutosh : thanks all
15:04 Govind : recovered most of it
15:04 Ashutosh : Shai JIt Uttam
15:04 Sandip : nice Ashutosh
15:04 Shubro : yes same here
15:04 Shai : Congrats Ashutosh
15:04 Sandip : good recovery day for Vtrender then ++ all
15:05 Govind : Congrats Ashutosh
15:05 MJ : Cheers to all .
15:05 Ashutosh : Cheers
15:05 MJ : Bye shai 🙂
15:05 Ashutosh : Bye eveyone 🙂
15:05 Shubro : well done Ashutosh
15:05 Ashutosh : eyes paining
15:05 Ashutosh : need a drink now
15:05 Shubro : get some rest bro
15:05 Ashutosh : Thanks guys for the wishes
15:05 Govind : have two for me please
15:05 Shubro : wasnt an easy day and u did awesome
15:06 Ashutosh : _/\_\
15:06 Govind : yeah, that is what is special about that 3dt
15:07 Ashutosh : posted ss in slack
15:07 Govind : I was a tad slow in exiting my shorts Shubro
15:07 Shubro : oh bugger
15:07 Govind : otherwise, I would have ended in +ve
15:07 Govind : but almost there
15:07 Uttam : Neutral Centre Shai?
15:07 Shubro : yeah almost me too
15:07 Govind : no, big harm done
15:07 Ashutosh : will recovere tomorrow
15:07 Shai : congarts guys
15:08 Ashutosh : part of game
15:08 Govind : of course Ash
15:08 Shai : mad day but we lived to tell a tale 🙂
15:08 Shubro : survivor epside 197
15:08 Govind : haha
15:08 Shai : (15:00) Shai : day lows done(15:01) Shai : cmom push back to 11720
15:08 Uttam : tom will be a move away from this 2-day bal Shai
15:08 Ashutosh : +1
15:08 Shubro : amazing Shai
15:08 Shai : 11710 F
15:08 Uttam : ?
15:08 Shubro : just amazes me
15:09 Shubro : Shai – q : what was the reason for the 658 for last chance bounce?
15:09 Govind : Shai and his ref levels are amazing
15:09 Shubro : that call made me jump up and book
15:09 Shubro : also OTF confimed
15:09 Govind : Jit, I owe you one bro…took that BNF short at 350 and it helped my recovery
15:09 Shai : saved by 2 points
15:09 Govind : SO, thanks!!
15:10 Shai : job not done by bulls well
15:10 Shai : only a strong push abv 11730F in A can save them
15:11 Uttam : chances of closing at 11730 today Shai?
15:12 Sandip : Only the elephants did a good job today..:(
15:12 Shai : bring it 🙂
15:12 Himanshu : hope we go with positive cot in NF – atlest 100K
15:12 Govind : This might close around here Shai? COT is -ve in the last 30 min candle
15:13 Shai : yes
15:13 Govind : Thanks
15:14 Chetan Panchal : doji day today
15:14 Shai : Think 11800 is still there tom
15:15 HPandey : charts lagging ?
15:15 Shai : will carry the put as insurance
15:15 Narendra : was waiting on the sidelines for the entire day (protecting the capital) just did 1 trade after 2.30 …… 11700CE Monthly 76.75 – 99 ….. done for the day now
15:15 Gaurav : weak longs shaken out i think
15:15 Govind : Congrats Naren
15:16 Sandip : GJ Naren
15:16 Shai : should hit 11800 minimum tom if we dont go beow 11680 F again
15:16 Narendra : Thanks guys
15:17 Narendra : this is what i posted in the morning ….. (10:17) Narendra : seems to be a premium eating day …… better to stay away at least for next few hours
15:18 Shai : +1
15:19 Shai : These kind of auctions like today we saw are the start of a 400 pointer generally
15:19 Shai : tough fight today
15:19 Shubro : 400 pointer in either right Shai?
15:19 Shai : no brainer short if today’s lows go in next few days but mean reversion is the plan from here
15:19 Shubro : direction
15:20 Azmath : Shai with ViX cooling off can we still see 400 points move in NF going forard
15:20 Uttam : dPOC shifting lower in NF so close will be here 11710
15:20 Gaurav : +1 shai, inventory adjustment day
15:20 Shai : yes
15:21 Shai : May 23 is the master profile right. Have shared that here and twitter too
15:21 Azmath : yep
15:21 Shai : mean revrsion as long as we are in that range
15:22 Shai : 11719 – OF never disappoints 🙂 – (15:01) Shai : cmom push back to 11720
15:22 Azmath : ok Shai.. _/\_
15:22 Uttam : +100 Shai
15:22 Rushabh : GOAT shai
15:23 Shai : 🙂
15:25 Maheshwar : shai what was at 11656 level u talked about
15:26 Rushabh : previous buyer>
15:26 Rushabh : ?
15:26 Shai : picked up by alerto
15:26 Narendra : was it 50 DEMA that I asked about yesterday Shai Sir?
15:26 Shai : yes prev buying
15:26 Anubhav : vwap close
15:26 Anubhav : draw match
15:27 Shubro : yep draw
15:27 Shubro : phew
15:27 Rushabh : shai that buyer must have been on 23rd may right
15:27 Rushabh : that was the last visit at these levels
15:27 Shai : yes
15:28 Sandip : bye all
15:28 Narendra : premium erosion on both the sides ……. tomorrow we can expect a much better directional move ….. right Shai Sir?
15:29 Anubhav : so we shud buy straddles now?!
15:29 Uttam : 2 day ‘b’ in NF with close at POC so can give a drive away Shai?
15:30 Uttam : BNF nice 2 day balance with close at dpoc too
15:30 Shai : Yes Narendra – this profile should trend away4
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 Thanika : Bye, Thanks all
15:30 Maheshwar : bye
15:31 Anubhav : bye folks
15:38 Himanshu : bye all