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.
Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of Order Flow trading.
NF
NF (Aug)
BNF
BNF (Aug)
Room Chat
09:19 Shai : (09:19) Shai : Intra – Buy NF abv 11644 sl of 11620 tgt 11680. Buy abv*
10:48 Shai : (10:48) Shai : Intra – short NF 11525 sl of 11557 tgt 11485
11:04 Shai : NF at 11507. Book half here and ride some at cost
11:09 Shai : (11:09) Shai : NF 11487 at tgt. book fully
13:06 Shai : Intra – short BNF 30075 sl of 30195 tgt 29900/ 29765
13:11 Shai : (13:11) Shai : BNF at 29990 . Book half here amd ride some at cpst
13:17 Shai : (13:17) Shai : BNF 29900 Book fully
08:50 Shai : GM all
08:50 Shai : https://vtrender.in/market-profile-analysis-dated-18th-july/
09:02 Shai : usdinr comig off 69 again
09:02 Shai : 68.79 at open this morning
09:12 Sandip : GM All
09:13 TP : GM All.
09:13 Suyog : gm all..
09:13 Thanika : GM all
09:14 Sandip : Charts stuck?
09:15 Shai : they are fine
09:15 Rushabh : shai we are above the spike so now VAH should come?
09:16 Shai : 11642 is the seller of yesterday
09:16 Shai : and ref line for the open
09:16 Shai : 30554 ref line in BNF
09:16 Rushabh : okay
09:17 Uttam : Good Morning All 🙂
09:19 Shai : Intra – Buy NF abv 11644 sl of 11620 tgt 11680. Buy abv*
09:20 Shibu null : so ytdy spike dn is fake
09:21 Shibu null : *was
09:22 Shai : nit a fake but happends often on expiry thurs led by stuck option players
09:22 Shai : looking for a move abv the thick value of yesterday’s profile and into the POC of wed
09:23 Shibu null : ok
09:23 Himanshu : Chief – Good Morning –
09:23 Himanshu : Chief – MPlite chart for today is not initiated yet
09:23 Himanshu : cant see
09:24 Himanshu : Ok seen now –
09:24 Himanshu : Thx
09:25 Shai : k
09:27 Shai : like to see BNF abv yesterday’s vwap for a long position
09:27 Shai : not interested in chasimg longs here at this price as yesterday was a slow trend lower
09:28 Suyog : hey himanshu.. some early morning defects partly due to the new features added.. am identifying and fixing them..
09:30 Shai : nice
09:30 Shai : I see the OI Suyog ++1
09:30 Thanika : No support in cash so far.. volume low and Mflow below 0.
09:31 Anubhav null : gap fill
09:31 Uttam : super additions Suyog +100
09:32 Boppanna : Report NF spike zone” is from 11625 to 11590″
09:32 MJ : Nice stuff Suyog.
09:32 Anubhav null : lets see if low holds
09:32 Uttam : NF back in the spike
09:32 Suyog : thx guys.. some issues still with live charts though.. working on fixing..
09:32 Sandip : Oi? where is it being added? 🙂
09:32 Sandip : In which chart
09:32 Uttam : on the MP lite charts Sandip at the bottom
09:33 Sandip : oh
09:33 TP : DH 43.5 +1 Chief…..(09:19) Shai : Intra – Buy NF abv 11644 sl of 11620 tgt 11680. Buy abv*
09:33 Sandip : mplite source is not esignal?
09:35 Uttam : expecting 11561 in NF today
09:35 Himanshu : Suyog Thanks –
09:36 Shai : test of 11585
09:36 Shai : has been a quick move
09:36 Shai : unexpected
09:36 TP : looks like dow/sgx opening longs been forced to liquidate.
09:36 Uttam : late open test drive down
09:36 Uttam : ?
09:37 Jitender : first rise after a fall is always …. 🙂
09:37 Jitender : day job done
09:38 Sandip : bnf seems continuation of yest
09:38 Uttam : CE OI kept rising today inspite of NF moving higher
09:38 Sandip : if it stays below vwap
09:39 Uttam : (09:35) Uttam : expecting 11561 in NF today…guess need to change this to inside IB now 😉
09:39 Shai : what’s happened
09:39 Shai : 🙂
09:39 Suyog : phew! so, the intra charts look fixed now.. though market is in different mood altogether 🙂
09:39 Uttam : lol Suyog market making sure you are on your toes all day
09:39 Boppanna : +1 09:37 Jitender : first rise after a fall is always …. 🙂
09:40 Sandip : Suyog, what is data source of charts? mplite?
09:40 Boppanna : Shai’s 265 in BNF looks like
09:40 Uttam : 11560 here
09:41 Suyog : cant tell, Sandip, but it is not esignal, as of yet..
09:41 Sandip : wtf bnf?
09:41 Suyog : right now focus is more on building functionalities.. data part will be addressed properly later..
09:42 Jitender : ocame out of 30.5 pe at 285 (from 212)…its 340 now 🙁
09:42 Sandip : ok thanks
09:43 TP : Jit any news flow for this swift move.
09:43 Shubro : some new scam news out?
09:43 Jitender : none
09:43 Himanshu : Alhabad bank scam
09:43 Himanshu : was in news yesterday late hurs
09:44 Himanshu : so today also impact as advt on channels must be on,,,
09:44 Himanshu : SBI and PSU Banks ,,
09:44 Himanshu : Bank Nifty is jinxed – PSUs – Yes Bank,
09:45 Uttam : @Tej part booking in that combo done at 150
09:45 Himanshu : RBL bank – also stuck in huge NPAs
09:45 TP : was about to ask you …good one .
09:45 Uttam : _/\_
09:45 Jitender : congo Uttam
09:46 Uttam : thanks Jit 🙂 had taken it for next week but move ocming earlier
09:46 Sandip : +1 guys
09:47 Shubro : smiling happy bears all around
09:48 Shubro : ominous poor lows …bhains in water today
09:48 Sandip : A vwap test or test failure would be good now
09:48 Shubro : 2 DT done
09:48 Sandip : Congo Shubro
09:49 Shubro : banks ki vaat lagne me dukh to hai lekin….
09:49 Shubro : le halwa
09:49 Uttam : boom boom down
09:49 Jitender : stayn away now..no pos..1.46DT
09:49 Uttam : 11457 coming today?
09:49 Jitender : 2 volatile
09:50 Shubro : it cant be so bad eh just because of yes bank
09:51 Shubro : this must be some other news coming out later i think.
09:51 Jitender : abv 300 SC can cum
09:51 Shubro : yeah
09:51 Jitender : 380 resis now
09:52 MJ : Picked shorts in NF below those 0’s in OF. Whattey clean trade.
09:52 Uttam : booked another 25% at 175
09:52 Uttam : holding 25% now in that 11650 combo
09:52 Shubro : retail to dump in C
09:52 Shubro : ??
09:53 TP : can come , LIC babu still having chai nashta :)………(09:49) Uttam : 11457 coming today?
09:53 Shubro : sahi
09:53 Uttam : right now NF taking sup at comp VAL
09:53 Uttam : 11523
09:54 Shubro : q is are we headed to test the20 may gap
09:55 Jitender : missed maruti 🙁
09:55 Jitender : 2 fast moves
09:57 Uttam : now every month you want q3 out of it Jit ;-p
09:58 Jitender : 🙂
09:58 Uttam : USDINR giving a big gap down today?
09:58 Jitender : aim fr Q7 n u will get Q3
09:58 Jitender : murphy’s law 😉
09:58 Uttam : _/\_
09:58 Himanshu : Lic opens at 11.15
09:59 Uttam : so you telling me to book out bvefore 11:15 Himanshu?
09:59 Himanshu : So far Amit Shah
09:59 Jitender : ok…..wat have u guys noticed abt 2day tat makes VT n Shai the best ?
09:59 Jitender : lets c…its a test
09:59 Himanshu : Nana bhai just kidding
09:59 Himanshu : first 5 mts – reversal
10:00 Jitender : we gt a very imp clue 2day….if u noticed
10:00 Shubro : buy above 644 only
10:00 Shubro : ?
10:00 Jitender : exaaactly
10:00 Uttam : (09:16) Shai : 11642 is the seller of yesterday(09:16) Shai : and ref line for the open(09:16) Shai : 30554 ref line in BNF
10:00 Himanshu : yes
10:00 Jitender : also yes
10:00 Shubro : bacha gaya aaj papaji ka question answer kiya
10:00 Jitender : the moment Shai typed….look at the DH
10:00 Himanshu : I mean in verbatim same – 644 Supply -and 534 Ref line
10:01 Jitender : tats wre i shorted
10:01 Jitender : bnf
10:01 Jitender : if u see from 40-43.3 nf
10:01 Jitender : the rise was sold by 4 points in a single tick
10:01 Uttam : NF last 2 days range was 50 & 75 and today already done a 123.45 points range
10:02 Sandip : bnf is too weak
10:02 Shubro : the rejections to every rise is very violent
10:02 Jitender : yes
10:03 Sandip : yea
10:03 Jitender : 30280 also a resis now
10:03 Uttam : Trend Day in it we had Sandip and rare case of follow up post trend day
10:03 Himanshu : just see components – except icici, HDFC B all are weak
10:03 Jitender : though minor compared to 380
10:03 Himanshu : Think Yesbank shall be removed
10:04 Uttam : will get delisted only Himashu looks like 😉
10:04 Himanshu : from BNF Can Bank – Indian Bank
10:04 Jitender : today is the best example guys…have yr system….follow Shai…n trade
10:04 Shubro : agree
10:05 Jitender : cut the noise…it mite waiver u fr a second..but ultimately yr system will win if u r discliplined
10:05 Jitender : look at Uttam’s trade
10:05 Boppanna : BNF 250 being protected ….BN spot 230 lower Bolinger DL right there if that goes then more trouble
10:06 Sandip : sold low at 30272
10:06 Shubro : more selling coming
10:06 Sandip : options data looking full on down
10:07 Uttam : _/\_ Jit learning still sirji & the decision of not looking at expiry options on Thursday did pay off…no longer interested in lotteries as if a move is going to happen you can make money out of it anyways
10:07 Jitender : i told earlier also..in positionals i shut off positions around 12.1 zone
10:07 Jitender : 10 yrs of learnings
10:08 Uttam : yep +100 as I had realised my max losses were on expiry trades
10:08 Himanshu : Me too
10:08 Jitender : 2nd i dont look at OI on expiry day….u guys note it dwn
10:08 Shubro : same here stopped expiry trading after analyzing
10:08 Jitender : n see wat happens if u follow it
10:08 Himanshu : I gain on rest days and part give it back on expiry days
10:08 Shubro : my thursdays always went south
10:09 Shubro : black thursdays
10:09 Uttam : exactly Himanshu I wanted to tell you that last evening after you posted that you had a bad day
10:09 Uttam : after 12 trade in the next week options
10:09 Himanshu : and sometime – it had tanked me for full mth gain
10:09 Shubro : same here Himanshu in the past
10:09 MJ : Room mates. Save today’s chat. put it down somewhere and keep re-reading it 🙂
10:09 Uttam : if you are not a scalper & quick like Jit / Tej & Sandip
10:09 Himanshu : YEs
10:09 Himanshu : at times – am thinking to move on Futures –
10:10 Shubro : after VT, Jit inputs moved away tommorrow is another day
10:10 Uttam : +1 Shubro
10:10 Uttam : cutting down on losses & managing risk well is the biggest success you can habe in trading
10:10 Shubro : and morning pranayam is Uttam reports
10:10 Uttam : rest will follow
10:11 Himanshu : cratch below noq
10:11 NP : Spot BN seems to be heading towards 30135
10:11 Uttam : BN Spot approcahing the exit poll gap
10:11 Shubro : yes yes…cmon
10:11 NP : if 30135 breaks ….. we may see more panic
10:12 Uttam : 30174-29450
10:12 NP : yes
10:12 Shubro : scuba gear on Sandip
10:12 Shubro : with my bhains
10:12 Uttam : this 30220-250 zone was imp support earlier
10:12 Sandip : yes sir
10:13 Uttam : Nifty Spot slicing thru weekly Value
10:14 Uttam : 30335 on spot was imp ref which held last week but now that is gone so headed down
10:14 NP : 11600PE ….. (55-112) ….. booked 50% …… holding rest 50% …… done for the day
10:14 Uttam : 11396 was what I was expecting in NF after that monthly FA at 11999 and looks like we will get it this expiry
10:14 Uttam : nice Narendra 🙂 congrats
10:14 Sandip : Its like the algos have to sell..but no one is buying either
10:15 Uttam : BOT giving fresh sell in BNF here
10:15 NP : Thanks Uttam ….. That 11642 clue from shai was very helpful today
10:15 Himanshu : markets wants some announcenment from FM
10:15 Shubro : never mess witt BOT
10:15 NP : Thanks a lot Shai Sir
10:15 Sandip : GG bot also with Bhains _/\_
10:16 Uttam : (09:32) Uttam : NF back in the spike(09:36) Uttam : late open test drive down
10:16 Sandip : finally a buyer after 30 mins in bnf
10:17 Uttam : those huge sellers in NF now makes sense
10:18 Shubro : SC on menu please
10:19 Himanshu : this week imp results – Relaince, HDFC etc
10:19 Himanshu : if its protected here BNF spot 30146 – till day end,,
10:20 Shubro : Jit do guide for levels now if changed from prev
10:20 Himanshu : I see COTs still positive – May be cornering
10:21 Shubro : 30280 target
10:21 Uttam : 11558 ext handle in NF on watch on any bounce
10:21 Uttam : singles from 11570 to 11643
10:21 Anubhav null : 29500 gap in bnf
10:21 Anubhav null : will fill or not?!
10:22 Rushabh : uttam 30 min goto day cot?
10:22 Rushabh : what happened?
10:22 Uttam : BN was way higher when Nifty came down to enter that exit poll singles
10:22 Rushabh : NF cot changed?
10:22 Uttam : now BN catching up on the fall and NF still above recent lows
10:23 Jitender : Shubro…nt tradn….till it settles
10:23 Jitender : seriously thinkn of takn day off
10:23 Anubhav null : yeH
10:23 Jitender : only advise…do 1/4th of yr usual vols
10:23 Uttam : Its a Friday Jit, your time on the yatch 🙂
10:23 Jitender : if u have 2 trade
10:24 Jitender : Uttam _/\_…one day with all of u
10:24 Uttam : amen
10:24 TP : +1 Jit ……(10:23) Jitender : only advise…do 1/4th of yr usual vols
10:24 Anubhav null : faded overoptimism
10:25 Anubhav null : budget day was turning point
10:26 Anubhav null : vis up finally
10:28 Uttam : had mentioned on slack couple of days back that EOD charts looks like VIx has formed a short term botrom
10:29 Jitender : best guess by TV is the FPI tax thingie…with fin min confirmn tat its nt going away
10:30 Shubro : yeah that must be it
10:30 Himanshu : She said trusts can register as companies
10:30 Himanshu : and thats waived by rule
10:30 Piyush : I am new to market. Dear friends, what do you see market doing from here? Please reply. thanks.
10:30 Anubhav null : 11467 next test
10:30 Himanshu : most pension trust FPIs can do that or not is question
10:31 Anubhav null : if day low breaks
10:31 Shubro : 1000 move day coming today?
10:31 Jitender : C extn if tat matters
10:31 Jitender : can (10:31) Shubro : 1000 move day coming today?
10:31 Shubro : jingalala
10:31 Uttam : welcome Piyush and to start with just go through the dialy reports &
10:32 Anubhav null : dii ka paisa khatam lagta hai
10:32 Himanshu : considering imp results this weekend fresh carnage might have been saved for Monday post results
10:32 Shubro : lol anubhav
10:32 Anubhav null : himanshu nayi policy karwao
10:32 Uttam : you have one excellent video on OF which will help you to understand how to read the OF charts
10:32 Himanshu : Ek minute – FMs phone is busy
10:32 Shubro : lolol
10:32 Himanshu : Let me try in second half
10:33 Anubhav null : 😀
10:33 Uttam : lol Himanshu LIC premium nahi bhara 😉
10:33 Shubro : 30180 holding?
10:33 Shai : :)- (10:32) Himanshu : Ek minute – FMs phone is busy
10:33 Himanshu : But hard core BJP followers are not happy
10:34 Himanshu : LIC premium last month ke profit se bhar diya
10:34 Shai : looks like all traders need to camp in delhi for a few days and meet the PM and FM 🙂
10:34 Shubro : amit shah waiting for bigger fall to buy
10:34 Himanshu : cause that time LIC came to rescue
10:34 Uttam : LIC waiting for Amit Shah to book his PEs looks like
10:34 Himanshu : Now next premium is next year – but November has HDFC Life premium
10:34 Shai : at this rate only traders would remain in the market and investors would be dead
10:35 Himanshu : so this time I want them to put excel results – crossing 20 % formulae
10:35 Himanshu : yes chief – Saves are seriously asking in fami;y
10:35 Himanshu : where to invest – Last trust on Debt funds is also gone
10:36 Himanshu : with FMP ( kotak and Hdfc ) deffered date of redumption
10:36 Jitender : LIC shld b in by 11
10:36 Anubhav null : some greens
10:36 Himanshu : yes
10:36 Shubro : ac being switched on
10:36 Himanshu : 11.15 am – they are seating near Black Phone –
10:36 Himanshu : waiting for FM/PMOs call
10:37 Shubro : what they gonna buy Yes Bank?
10:37 Himanshu : Just visulaise that ,.,,
10:37 Anubhav null : haha
10:37 Himanshu : NO – YEs bank will be quietly – removed from BNF
10:37 Shubro : ok then Jet
10:37 Himanshu : If BSNL landline is working LIC will pick up phone
10:37 Uttam : C side extension playing its role?
10:38 Shubro : just take one FPI who thinks ok F it ill short
10:38 Himanshu : but if NF closes above 11550 at Vwap –
10:39 Anubhav null : chalo chalo
10:39 Himanshu : Oh hrly ist Oversold – so last 15 Mts maintaiing bottom
10:40 Shubro : q is whats the village gonna do
10:41 Shubro : village buying?
10:41 Uttam : B) Immediate support is at 11535-503 below which the auction fall to 11461-449 & 11407-393
10:41 Uttam : weekly hypo in Spot
10:41 Uttam : today low to the dot 11503
10:41 Anubhav null : viallage wasbuying at 11650
10:41 Anubhav null : for 11720
10:42 Anubhav null : ab to gao me aa g
10:42 Anubhav null : lag gayi
10:42 Uttam : in BN Spot this hypo playing out…D) Below 30335, lower levels of 30265-220 / 30174 & 30100 could come into play
10:42 Shubro : 30174 held
10:43 Sandip : Guys why will LIC come in at 11?
10:43 Sandip : some result u mean?
10:43 Shubro : maybe because Jit can see them from his window
10:43 Shubro : coming in to work
10:43 Sandip : hahaha lol
10:44 Shubro : D bhai saab ka karenge abhi lets se
10:44 Anubhav null : 11580.coming?
10:44 Shubro : inside inside khelege ka todenge?
10:44 Anubhav null : 45 degree
10:45 Shubro : 45 line kaisan kheechenge bhai….pahad to banane do
10:46 AN : guys, can we buy this C-ext for vwap?
10:46 Anubhav null : poc din fall
10:46 Anubhav null : with price
10:46 Shubro : 30230 now resiting nicely
10:46 Jitender : ys
10:46 Jitender : good pick Shubro
10:47 Shubro : thanks Jit watchin like a hawk
10:47 Jitender : but 170 has 2 brk fr it to becum a major resis
10:47 Jitender : its minor rite nw
10:47 Jitender : not a tradn point
10:47 Shubro : Jit def of major minor?
10:48 Shubro : is it time and volume or just time?
10:48 Jitender : time of day + vols + sharpness of movement
10:48 Shai : Intra – short NF 11525 sl of 11557 tgt 11485
10:48 Shubro : ok thanks
10:48 Jitender : now it becomes major 🙂
10:48 Jitender : chief is back
10:48 Sandip : 🙂
10:49 Shai : lol was here only
10:49 NP : ok. ….. now i will book the balance 50% in 11600PE if 11485 comes or 11557 is taken out
10:49 Shai : just some guerilla tactics were needed for a few stock F I held 🙂
10:49 Shubro : Jit another q”: this range now is a no trade zone ?
10:49 Shubro : 174 to 230
10:49 Shai : that intensity of the fall was something
10:50 Jitender : yh
10:50 Shubro : ok
10:50 Jitender : Shubro..to be honest, today is an expection
10:50 Jitender : so note dwn yr obs
10:50 Shubro : ok done
10:50 Jitender : in a normal mkt….it wud react diff
10:51 Shubro : yep ok because its a waterfall day downside it might just keep going
10:51 Shubro : sentiment
10:51 Uttam : BNF has broken below that composite ‘b’
10:51 Jitender : Shai..u ave hedged or liquidated (10:49) Shai : just some guerilla tactics were needed for a few stock F I held 🙂
10:51 Shai : let’s sum up- 11585 is a stuck buyer who wanted to play mean revert and 11547-11555 are the 0’s showing new initiative sellers
10:51 Sandip : Bhains dubagi hi!
10:51 Sandip : atleast till one more nice green guy comes in
10:51 Shubro : muaah Sandip
10:52 Shai : reversed , squared , breakeven and breathing again 🙂 – (10:51) Jitender : Shai..u ave hedged or liquidated
10:52 Jitender : grt
10:53 Jitender : the day Shubro from BC can becum MKB day…or remanin BC..coz its money power here (10:51) Shubro : yep ok because its a waterfall day downside it might just keep going
10:54 Jitender : y risk capital
10:54 Shubro : i am ssuming the BC and MKD is ahem …cough…not MP tterms
10:54 Shubro : MKB
10:55 Jitender : to be used in Indian context …
10:55 Shubro : gotcha
10:55 Jitender : Stedilmayer wud have used diff connotations
10:55 AN : 🙂
10:55 Uttam : what a BC extension ;-p
10:56 Shubro : the undedited version before it went to publisher
10:56 Shubro : every day after trading i watch an episode of billions these days….i feel good
10:56 Shubro : i need software to count number of time F is used
10:56 Himanshu : is it on Netflix
10:56 Shubro : hotstar
10:56 Himanshu : ok
10:57 Boppanna : Shai BOT’s targets pls ? 10:15 Uttam : BOT giving fresh sell in BNF here
10:57 Uttam : BNF is very weak Bops
10:57 Boppanna : 29550 Uttam?
10:58 Uttam : I have a target of 29912 first
10:58 Boppanna : cool
10:58 Boppanna : thx
10:58 Uttam : getting accepted now spot in that singles of May 20th gap up
10:58 Sandip : U mah frnd Utta,
10:58 Uttam : _/\_ Sandip 🙂
10:59 Sandip : Uttam* :im hoping for 30030 atleast
10:59 Uttam : d) Below 30275, lower levels of 30210-170 & 30120 could come into play
10:59 Uttam : right now low 30170
10:59 Shai : 29976- (10:57) Boppanna : Shai BOT’s targets pls ? 10:15 Uttam : BOT giving fresh sell in BNF here
10:59 Boppanna : thx Shai
10:59 Shai : Bot is a positional player not intra , kindly note
11:00 Uttam : yes 29977 imp level too in BNF
11:00 Boppanna : Yep got it Shai
11:01 Shubro : Thanika cash sells declining?
11:01 Himanshu : Think Better it reverses or hold here.. for greater good ,,
11:01 Jitender : Shai..yr views on bnf ?
11:01 Shubro : village i selling now
11:02 Thanika : posted 1min back .. yes, kind of levelling.. nothing more.. in the last 1 hour
11:02 Shubro : oh thanks
11:03 Shubro : cmon D C ki maaro
11:04 Shubro : 174 wah wah BNF
11:04 Shai : NF at 11507. Book half here and ride some at cost
11:04 Shubro : last attemp at stopping the fall
11:05 Uttam : +1 Shai
11:05 Shubro : idhar main nahin kheloonga….(brain telling fingers)
11:06 Shai : BN spot is at gap supp but volume is good for a test lower of 29920 spot vpoc- (11:01) Jitender : Shai..yr views on bnf ?
11:06 Uttam : another boom boom down
11:06 Gaurav : D goes lower than c
11:06 Shubro : 16k
11:06 Uttam : longs liquidating?
11:06 Gaurav : 99 k sell at lows
11:07 Sandip : im all out at 30155
11:07 Uttam : SL of longs looks like
11:07 Uttam : congrats Sandip
11:07 Gaurav : must be the morning guy
11:07 Sandip : 2.3 dt
11:07 Thanika : +1 Dandip
11:07 Jitender : congo guys
11:07 Thanika : *Sandip 🙂
11:07 Sandip : thanks Thanika
11:07 Uttam : NF does 80% in weekly Value
11:07 Uttam : 11593 to 11492
11:07 Shai : yes 1 guy stuck at 11582
11:07 Jitender : if 30170 is conquered n sustained…b wary of shorts
11:08 Shai : these guys won’t hold beyond 110 points MTM
11:08 Sandip : thx guys
11:08 Shai : would be a interetsing close today as lots of stuck buyers
11:09 Shai : NF 11487 at tgt. book fully
11:09 Shubro : LIC LIC cmon
11:09 Sandip : Nf has some nice zeroes at 11500
11:10 NP : 11600PE booked fully at 138 …. don’t want to try my luck too much ….. this single good trade gave 21DT (volume was thrice my normal volumes) ….. expecting some bounce in 2nd half (Reliance results post market hours and HDFC Bank on weekend)
11:11 Shai : +1
11:11 Shubro : 21 DT waaah
11:12 Shubro : congo bhai
11:12 NP : yes …. volume
11:12 Sandip : nice one Naren
11:12 Uttam : wow Narendra +100
11:12 Shubro : well done Sir
11:12 Sandip : bought at how much?
11:12 Jitender : ballsy
11:12 Boppanna : Now Bots 205 and 250 on watch fot trails 10:05 Boppanna : BNF 250 being protected ….BN spot 230 lower Bolinger DL right there if that goes then more trouble
11:14 NP : @ Sandip (10:14) NP : 11600PE ….. (55-112) ….. booked 50% …… holding rest 50% …… done for the day
11:14 Sandip : ok bnf still on for that 30030 looks like
11:14 Sandip : Awesome Naren
11:14 NP : Thanks guys
11:14 Govind : 30100PE from 174 to 210
11:14 Govind : Good morning guys
11:15 Govind : Congrats NP
11:15 Sandip : n1 guys
11:15 NP : With 2 awesome days back to back my weekend has already started ….. now just wait and watch and have a strong cup of Coffee
11:16 Govind : Hi Sandip, heavy CE writing from 30400 and upwards it looks like
11:16 Shubro : NP your trading system on ly VT or others?
11:16 NP : VT + Technical Charts
11:16 Shubro : ok
11:17 Sandip : sol some back at 30140
11:18 Shubro : aaj bhains Marina trench exploration if that gap goes
11:18 Uttam : nice Narendra +1 and its weekend so the coffee can be replaced my something else 😉
11:19 Shubro : i’d like to see someone trade with a few in their belly Uttam
11:19 Uttam : it can actually sooth your nerves 😉
11:19 Shubro : i’d met a trader in HK once .. millionaire fella ….snorted every morning before loggin in
11:20 Sandip : Those zeroes at 11500 protected and so is that 79 k seleer
11:20 Govind : Shubro 🙂
11:20 Shubro : mad fellow
11:20 Uttam : why dont you try it once Shubro ;-p
11:20 NP : @ Uttam …. LOL …. I am that No Smoking No Drinking kinda guy …. so Coffee is fine for me
11:21 Uttam : okay Narendra then kindly send the beers over here ;-p
11:21 Uttam : (09:49) Uttam : 11457 coming today?
11:21 NP : Sure
11:21 Govind : Most of the wall street guys roll in that stuff, orking too many hours
11:21 Shubro : Uttam as it is i f up without anything next thing u know i might end up ringing your doorbell
11:21 Sandip : Uttam bringing that 11457
11:21 Jitender : by=uyrs here
11:22 Shubro : yes thoda mota mota types 4k 3k
11:22 Sandip : bnf still weak
11:22 Jitender : sc can cum
11:23 Shubro : would be good…need a good shorting point
11:23 Jitender : if DLs r held
11:24 Shubro : MKB day as you said
11:24 Jitender : 🙂
11:24 Shubro : wise man in the room
11:24 Shubro : Jit perhaps just start the day with obs categories – today is BC, MKB …..etc
11:24 Shubro : we can build trade strategies around that
11:25 Himanshu : Bhai Jit – ye samjao – MKB
11:25 Himanshu : and BC –
11:25 Shubro : hindi mein socho
11:26 Himanshu : I know so far BTFD and STFU
11:26 Shubro : STFR
11:26 Himanshu : YEs
11:26 Himanshu : STFR
11:26 Shubro : now repeat after me…BC matlab…
11:26 Himanshu : BC is Virat Kohli word
11:26 Himanshu : Ben strokes
11:26 Gaurav : blue chip 😛
11:27 Uttam : exited the last lot of that 11650 combo at 196, was looking for a rond fig of 200 but that 186 came now 😉
11:27 Shubro : MKB please figure out kuch to izzat rakhni hai
11:27 Himanshu : Ok
11:27 NP : Congrats Uttam
11:28 Himanshu : NP and Uttam Congrates
11:28 Sandip : +1 boiz
11:28 Uttam : thanks guys 🙂 _/\_
11:28 NP : Market seems to be in hurry to fill the gap today itself
11:28 Boppanna : COngrats Uttam
11:28 Sandip : BOiz played well!
11:28 Himanshu : Jit congrates ( your DT figure will – is diff to cal now
11:28 Jitender : congo Uttam
11:28 Uttam : thanks Jit 🙂
11:28 Uttam : f) Break of 11493 can trigger a move lower to 11473 & 11457-430
11:28 Jitender : 1.46 only Himanshu
11:29 Uttam : 11473 to the dot
11:29 Jitender : no trades since ten4
11:29 Himanshu : Jit willdeclare his result along with HDFC bank
11:29 Himanshu : arey yaar
11:29 Uttam : but that 11457 can get tagged
11:29 Govind : Congrats to everyone!
11:29 Himanshu : Me and Govind ( hopefully he is in +)
11:29 Himanshu : we will have to chant this weekend
11:29 Uttam : f) Break of 30120 could trigger a move down 30080/ 30017-29977 & 29935
11:29 Govind : Himanshu, just one trade bro. Up 1.5dt
11:30 Govind : Yeah man, we’ll talk
11:30 Sandip : removed 50% more at30085
11:30 Himanshu : Chalo good
11:30 Himanshu : Sandip – Congrates
11:30 Uttam : 11461 spot once tagged could give come bounce
11:30 Govind : Went to Bavani ma temple in the morning, family diety
11:30 Govind : deity*
11:30 Himanshu : Ok
11:30 NP : Congrats Sandip
11:30 Sandip : thx guys
11:30 Shubro : +1 Sandip
11:30 Uttam : excellent Sandip
11:31 Himanshu : 30050 if protected in spot is key level –
11:31 Himanshu : Uttam pls throw light on
11:31 Sandip : Since the price drop in bnf , I have hardly seen 3 consecutive 5 min bars in bnf with positive COT on them…price may rise…but they still get sold into
11:32 Shubro : exactly Sandip not a single 3 consecutive bars
11:32 NP : if spot nifty closes below 11540 then next week we may expect levels close to 11300
11:32 Uttam : 30100 is level to hold in spot Himanshu else could go down more
11:32 Himanshu : ok
11:33 Uttam : we are in a gap zone here so PLR down and look to sell on any bounces with confirmation from OF
11:33 Gaurav : BNF is OTF down
11:33 Gaurav : LH and LL
11:33 Himanshu : Uttam – COTs are positive in NF
11:33 Himanshu : who is then buying lows..
11:34 Uttam : it could be a mix of coveirng plus new longs
11:34 Sandip : rotational shorts
11:35 Himanshu : Ok – so rotational shorts are covering profit,,cause week end
11:35 Suyog : nice.. volatile moves on vix below 12.. what else did i miss in my past 3 yrs of trading and watching data? 🙂 cant ever say “have seen it all”..
11:35 Uttam : arre unko bhi to profil booking karna hoga na
11:35 Himanshu : Oh yes, Uttam
11:36 Uttam : +1 Suyog I did tell you on slack Vix seems to be bottoming out the day before
11:36 Suyog : yh, but it is still at 12.5 only..
11:37 Govind : One trip to vwap please Shubro
11:37 Uttam : yes get it to rise from here on
11:37 Shai : space set up now for a counter trend long
11:37 Shai : esp NF
11:37 Shubro : yes GOV need to get some air
11:37 Suyog : hmm.. trump baba hi kar sakte hain kuchh..
11:37 Shai : 11467 was also PWL?
11:37 Govind : Suyog, for the kinda moves we saw y’day, VIX barely moved man
11:37 Shai : 11471 today
11:38 Shubro : someone shold come up with a real volatility indicator
11:38 Suyog : check past 2 weeks.. vix did nothing, compared to price
11:38 Boppanna : The contra part with BNF in todays opening was USD/INR gave a gap down opening after closing above 69
11:38 Sandip : last fe days around 12 VIX
11:39 Shai : 11 is the absolute number for Vix – (11:35) Suyog : nice.. volatile moves on vix below 12.. what else did i miss in my past 3 yrs of trading and watching data? 🙂 cant ever say “have seen it all”..
11:39 Shai : anything lower than 11 and we can safely say that it is broken
11:39 Suyog : hmm, any maths for that ? or charts only
11:40 Suyog : was thinking same yest night.. how low it can go
11:40 Shai : which it may be as eveything is gone to weekly thursday and hardly any volume comes i next month contracts
11:40 Suyog : +1
11:41 Shubro : DLOW secured in both Shai?
11:41 Govind : So perhaps wekkly volatility shouldbetaken into account as well. We need a weekly VIX
11:41 Shai : not secure
11:41 Sandip : removed balance at cost 140
11:41 Shai : I have seen lows of 10.5 and even 10 in vix and that 11 is just a chart fig
11:41 Suyog : ok, cool
11:42 Shai : just like 36 breaking 11 is diff
11:43 Thanika : Nice clue, Thx Jit. 🙂 .. (11:21) Jitender : by=uyrs here(11:22) Jitender : sc can cum
11:44 Jitender : timing was off by 7 mins
11:44 Jitender : but sellers still persisting
11:45 Sandip : lets see if this 3rd bar is +ve or not
11:45 Sandip : btw 30200cE oi is in rambo mode..like 30600 and 30700 were yest ..45d egress up
11:46 Sandip : needs more oi though
11:49 Shubro : hmm sellers drying
11:49 Sandip : if we bounce up and hold above 30175 for 10 mins we can have SC from there..tht would secure day low also..but till that happens were still quite -ve
11:50 Shubro : small greens only so far
11:52 Sandip : same goes for NF lvls of 11500, where the 0’s appeaared recently
11:54 Anubhav null : good levels for postional longs
11:54 Anubhav null : above 11510
11:55 NP : for positional longs I think one needs to wait for a close above 11540 Spot
11:56 Anubhav null : n bnf 30250
11:56 NP : if we close below 11540 on Spot then high chances that we are heading to 11300
11:56 Anubhav null : thnx
11:57 Shubro : now grind on till vwa
11:57 Shubro : vwap
11:57 Shubro : day will pass doing that
11:58 NP : +1
12:02 Shubro : dval and 310170 now no trade zone Jit correct assessment?
12:02 Sandip : i have some sells at 30150 🙂
12:02 Shubro : 30170
12:02 Sandip : No 3 +ve bars even now
12:02 Shubro : catvching on to your approach Sandip nice
12:03 Sandip : plus 30175 not broken or held…so at the least a grind or drop is on
12:03 Jitender : k guys…tc….n b safe
12:03 Jitender : shop shut time 🙂
12:03 Shubro : nice Jit have a great day ahead
12:04 Jitender : u 2 bro
12:04 Thanika : thx & bye, Jit. Nice day!
12:04 AN : enjoy your day, cheers….
12:04 Jitender : u 2 guys
12:06 Shubro : Sandip these last 3 candles negated that up move?
12:07 Shubro : any mvoes on the OI gusy?
12:09 Govind : another LL
12:09 Anubhav null : bloodbath
12:10 NP : below 11460 Spot …… one more round of panic selling?
12:10 Shubro : 12k
12:10 Shubro : SL long?
12:11 Anubhav null : profit bookings
12:11 Govind : greens in both
12:11 Shubro : dont trust the greens now
12:12 Shubro : Sandip good call at 170
12:13 Anubhav null : te
12:14 Sandip : Upmove seemed low volume at that point at orderflow still didnt support it..so was an easy decision
12:14 Anubhav null : nifty spot gap fill today?
12:14 Shubro : Sandip what vol level you watch at these junctions?
12:14 Sandip : ill be happy if 30030 comes
12:15 Sandip : 5 min bars only
12:15 Shubro : ok
12:16 Sandip : 🙂 (11:45) Sandip : btw 30200cE oi is in rambo mode..like 30600 and 30700 were yest ..45d egress up
12:17 Shubro : Chalo bhai idhar ruk jaao and SC
12:17 Sandip : out 50% at 30080
12:17 Shubro : bahut diving hua bhains ka
12:18 Govind : Another little scalp, 30000PE from 162 to 175. 2DT so far.
12:18 Shubro : 17 points on 30100 200 to 217
12:18 Govind : +1 Shubro
12:18 NP : Congrats guys
12:18 Shubro : yo yo gov
12:18 Sandip : +1 guys
12:18 Shubro : cmon heave for vwap now
12:18 Shubro : Sandip very happy to meet you man
12:19 Govind : Thanks fellas. Pack hunting is awesome
12:19 Shubro : 7-8 months old here
12:19 Sandip : Nice to meet you too bro
12:19 Uttam : (09:49) Uttam : 11457 coming today?
12:19 Uttam : 11460 NF
12:19 Govind : Yeah, Sandip has given us another dimension with OI watch and Thanika has given us the tools to execute
12:20 Sandip : I used to be in the room a few years back..then had to take abreak..now back 🙂
12:20 Shubro : o Thanika ur analytics make me salivate man
12:20 Uttam : yes man Sandip and it is so good to have you back 🙂
12:20 Sandip : Yes Thanikas stuff is pretty aawesome
12:20 NP : +1
12:20 Sandip : Thx Uttam
12:20 Uttam : yes kudos to Thanika on his efforts & charts
12:21 Uttam : its all team work here guys as Shai says traders need to hunt in packs 🙂
12:21 Govind : Yes Sandip, I have his AFLs on my AMibroker. Amazing stuff. Very helpful for someone watching straddle behaviour
12:21 Thanika : thx all, for the wods! 🙂
12:21 Uttam : true Govind I am yet to use his AFL as last 2 days did not get the time but that OI thing is a game changer
12:22 Shubro : ooo more coming
12:22 Uttam : say hello to 11457
12:22 Sandip : bnf still no 3 bars 🙂
12:22 Govind : Totally Uttam, yesterday at closing thePE wall was at 30400 strike, today at 30000.
12:22 Sandip : haha N1 Uttam
12:23 Uttam : thanks Sandip
12:23 Shubro : Utttam !!!!!!
12:23 Govind : THis becomes instantaneously evident from them charts
12:23 Sandip : I had told u guys, 11457 will not come, Uttam will bring it!
12:23 Shai : one more LL
12:24 Uttam : at times it makes good sense to take poor highs or lows as an FA and yesterday’s 11665 was one such poor high which I observed as an FA and 11457 is 2 atr from that FA
12:25 Uttam : _/\_ (12:23) Sandip : I had told u guys, 11457 will not come, Uttam will bring it!
12:25 Govind : 30000 Shubro?
12:25 Anubhav null : some deamnd at pwl innf
12:25 Uttam : BNF not making new lows?
12:25 Govind : I exited at the greens Uttam
12:26 Sandip : looks like 30200 CE is using every bounce opportunity to load up…although 30200pe needs to let go of some Oi as well
12:26 Govind : will wait, not sure if they are new longs
12:26 Anubhav null : ibl/vwap tag coming uttam?
12:26 Uttam : 11470 is IS on 5min Anubhav
12:26 Uttam : latest res
12:26 Uttam : needs to close above it on 5mins
12:27 Uttam : for any bounce
12:27 Govind : HDFCB is leading the fall and tomorrow is results. They are expected to report another 22 to 23% PAT growth
12:27 Shubro : Uttam reports are like Gita in the morning. Shai all the system needs is to flash those hypos a=based on the moves
12:27 Anubhav null : thnx
12:28 Uttam : thanks for the kind words Shubro 🙂
12:28 Shubro : always
12:28 Uttam : BNF did get a RB at 30065 but after that RS came at 30100
12:29 Uttam : so right now fight between thse 2
12:29 Uttam : RS winning looks like
12:29 Uttam : new lows coming in BNF?
12:30 Sandip : oh yeaa
12:30 Uttam : ab aaya 11457
12:30 Uttam : 1 point se bach gaya tha
12:30 Sandip : all out at 30050
12:30 Uttam : now to the dot 😉
12:30 Sandip : rem 50% balance
12:30 Uttam : nice Sandip
12:30 Sandip : 5.5 dt done
12:30 Uttam : 12k green in BNF
12:31 Govind : Nice Sandip
12:31 Uttam : 23k red in NF
12:31 Thanika : +1 Sandip
12:31 Uttam : late fellow here in NF?
12:33 Anubhav null : long tails
12:33 Shubro : ok now looks like we are going up
12:34 Anubhav null : fi ally
12:34 Shubro : BNF still to do a U turn
12:35 NP : good time to go long in 11300CE @ 180 with stop loss of 160 …… but small quantity only
12:36 Uttam : yes time for a bounce now that day’s objective is done
12:37 Rushabh : spx spiking
12:38 Uttam : Nifty Spot has not tagged that FA of 11461
12:38 Uttam : made a low of 11462.95 so far
12:41 Sandip : Thx guys
12:42 Uttam : (12:30) Uttam : 12k green in BNF(12:31) Uttam : 23k red in NF both of them stalling the move down in BNF & NF for now
12:46 Rajiv : Uttam the COT is positive in both. Shouldnt shorts be out
12:47 Uttam : Rajiv along with the COT also notice what the OF is doing, both when taken together makes much more sense
12:48 Uttam : we got a RB in both on 30min in prev bar
12:48 Uttam : so now lets see if we can get an IB in this bar
12:49 Govind : will RBL take BNF higher or lower?
12:49 Sandip : i wanna take the 30200 ce so bad
12:49 Sandip : but ill wait for a confirmation
12:50 Uttam : 11492-502 supply zone in NF
12:50 Sandip : also zone of zeroes Uttam there
12:50 Sandip : one attempt was made to go above it earlier failed
12:51 Uttam : yes Sandip
12:51 Uttam : which is hwy we have that ext handle there on MP chart too
12:51 Shubro : geeting to there itself good enuff for me
12:51 Shubro : lol
12:52 Shubro : 10500 guy in NF
12:55 Thanika : IS that an algo? 1725, 1725 and 1725 in the NF previous bar, sell side!?
12:55 Uttam : NF wants to tag 11443?
12:55 Anubhav : kuch gadbad hai
12:55 Anubhav : all bounces are being sold off
12:55 Govind : FPIs are angry!!
12:55 Gaurav : 1725 is too less for an algo 😛
12:56 Anubhav : angry again?
12:56 Shubro : dodgy day
12:56 Govind : FinMin said No No
12:56 Shubro : wouldnt go long at all
12:57 Gaurav : EFGH forming a ledge in BNF
12:57 Sandip : 🙂
12:57 Anubhav : hehe
12:57 Sandip : I resisted that temptation
12:57 Prudhvi : extension time?
12:57 Shubro : FPI’s threateting and fin min being stubborn
12:58 Ashutosh : whats a ledge Gaurav (12:57) Gaurav : EFGH forming a ledge in BNF
12:59 Sandip : I would love it if the day hits Uttams level of 29900
13:00 Shubro : not a tough ask in this structure
13:00 Sandip : sold 50% at 30070
13:00 Shubro : that 10500 guy dipped this
13:00 Shubro : NF
13:00 Govind : Amen to that Sandip
13:00 Sandip : yes Shubro perfect
13:01 NP : RBL Bank …… vertical crack
13:01 Govind : Nice
13:02 Shubro : BNF in serious trouble
13:02 NP : below 30135 spot it is going to remain week
13:03 Shubro : that RB candle swiftly reversed
13:04 Sandip : Thanika
13:04 Sandip : can you post OI chart..the individual stike ones
13:04 Sandip : the line graphs
13:04 NP : Nifty Spot below 11460 is going to create one more round of panic selling
13:04 Thanika : yes, in a min
13:05 Govind : HDFCB is reversing a bit
13:06 Shai : Intra – short BNF 30075 sl of 30195 tgt 29900/ 29765
13:06 Govind : Yeh!!
13:06 Sandip : yeeeah
13:06 Shubro : yaaaay Shai kidhar
13:06 Shubro : uff i was wondering why so quiet
13:06 Govind : haha…me too
13:07 Shai : 🙂
13:07 Govind : come on, gimme another LL
13:07 NP : 11460 gone
13:07 MJ : RBL bank chart looks like a roller coaster!
13:07 Shai : was waiting for the pull back period to get over
13:07 NP : Great timing Shai Sir
13:07 Shai : it’s time and volumes
13:07 Sandip : ohh yea 30030 done 🙂
13:07 Uttam : +100 Shai
13:07 Sandip : now for Uttams tgt
13:07 NP : +1
13:07 Shubro : chalo chalo
13:07 Sandip : and Shais
13:07 Shubro : Shai H is pull back time is it usually?
13:08 Shai : 12.30 to 1.45
13:08 Shai : H spills to G or I
13:08 Shubro : ok
13:09 Shubro : ok everyone gonna freak out out lets go
13:09 Sandip : guys Thanika has posted in slack ..check out the 30200 and 30300 Ces
13:10 Sandip : what I was mentioning about a 45 degree move
13:10 Govind : Yeah Sandip
13:10 NP : Panic Selling
13:10 Shubro : bhains bhans
13:10 Shubro : diving champ today
13:10 Sandip : I would still say structured selling
13:10 Govind : 3 dt done
13:10 Shai : Thanks for the heads up – (13:07) MJ : RBL bank chart looks like a roller coaster!
13:10 Shai : posted to random the reason
13:10 Rushabh : shai can today be capitulation day?
13:10 Govind : All out
13:11 Sandip : all out at 29980
13:11 Sandip : Nice one Govind 🙂
13:11 Govind : +1 Bro
13:11 Uttam : 29977
13:11 MJ : I rode a bit of roller coaster shai 🙂
13:11 Uttam : NF tags 1.5 IB
13:11 MJ : just saw your message right now.
13:11 NP : Superb Sandip & Govind
13:11 MJ : cheers shai.
13:11 Shai : BNF at 29990 . Book half here amd ride some at cpst
13:11 TP : Fastest ride chief +1 …….(13:06) Shai : Intra – short BNF 30075 sl of 30195 tgt 29900/ 29765
13:11 Shubro : out
13:11 Uttam : (12:55) Uttam : NF wants to tag 11443?
13:11 Govind : Lunch time
13:11 Shubro : ghee shakkar Uttam
13:12 Boppanna : Bot u did it10:59 Shai : 29976- (10:57) Boppanna : Shai BOT’s targets pls ? 10:15 Uttam : BOT giving fresh sell in BNF here
13:12 Sandip : Who can tell me ? what happenned in those CE’s during every rise?
13:12 Shubro : OI kept adding
13:12 Sandip : yesss
13:12 Uttam : even at open when we opened higher OI in CEs was rising
13:12 Shai : technical gap close – (13:10) Rushabh : shai can today be capitulation day?
13:12 Sandip : That plus Orderflow was super weak on 3 continuous bards throught the day
13:13 Uttam : Nifty Spot going for 11407
13:13 Shubro : Sandip i shall take ur name all day
13:13 Sandip : lol hehe
13:13 Shubro : and Shai to cheetah hai
13:13 Shubro : waiting to pounce
13:14 Sandip : yea Shai killing it
13:14 Shubro : panic in the disco
13:14 Shai : BOT is on 240 not out
13:14 Uttam : 29912 please in BNF
13:14 Uttam : part booking coming in BOT
13:14 Sandip : alerto saying part book?
13:14 Shai : yes
13:14 MJ : 2 centuries 🙂
13:15 Uttam : (13:14) Uttam : 29912 please in BNF…done
13:15 Shubro : and zerossssss
13:15 Uttam : Bops monthly FA tgt done
13:15 MJ : This was me for that 2.5L buyer 13:55 MJ : But if he does, that’s worth the watch.
13:15 Shubro : hai rabba
13:15 Shai : BNF losing it
13:15 Shubro : bhains decided to become a whale and change title
13:15 MJ : Pays to just follow a process.
13:16 Sandip : gg Nice..all tgts done
13:16 NP : #QuickTrade … 29700PE 92 – 148 …. booked fully in 5 minutes ….. fastest finger first
13:16 Uttam : 29880 / 29832-825 / 29760-726 / 29669 / 29601
13:16 Uttam : levles in BNF below 29935
13:16 Sandip : I had Pes also at 152 out at 220…for Uttams and shais tgt 🙂
13:17 Uttam : super Sandip
13:17 NP : Congrats
13:17 Uttam : NF also completes last of the hypo at 11430
13:17 Shai : BNF 29900 Book fully
13:17 Sandip : Perfect…this seems early for the day though
13:17 Uttam : 11396-390 / 11370 / 11350 below 11430
13:18 Shubro : now cmon Shai give us that SC and rise to 11500
13:18 Shai : BIT has 29765 in sight
13:18 Shubro : 😛
13:18 Shai : 11380 spot around Shubro
13:19 Shubro : yeah i know…sigh!
13:19 Uttam : PE OI coming down in 11500pe
13:19 Uttam : PCR getting below 1 in it
13:19 Anubhav : went long
13:19 Anubhav : aug calls
13:20 Shubro : take it up a bit and we ride the roller coaster again
13:21 MJ : 0’s will ya hold our give gate pass?
13:21 Sandip : they holding for now 🙂
13:22 Shubro : BNF aaj no mood to relent
13:22 Shubro : bhaut bracketing kar liya
13:22 Uttam : did mention in the morning to Bops that it is looking very weak
13:22 Shubro : MJ incidentally withdrew money from bank last night…should have known MJ
13:23 Shubro : ho ho ho
13:23 MJ : Bhai gajab din aaj 🙂
13:23 Shubro : maaje karo
13:23 Shubro : Jit must have left his pe’s on autopilot
13:23 MJ : guilty to try few long scalps, but was in pes all the time with F alongs.
13:24 Shubro : have to be careful with pe’s now
13:24 Sandip : last time we fell 2 weeks back arnd from 31200-30400 in two days….just like yest and today…then we made value near the singles of the trend day..and its vwap also held for coming day…
13:24 MJ : Shubro have enough cushion to try small punt with dlo in bnf. 🙂
13:24 Shubro : as i said wont think of going long
13:25 MJ : But at bay.
13:25 Uttam : need to add the 11400&450 symbols in my Ami now 😉
13:25 Shubro : lol
13:25 MJ : Shai and your USDINR levels.
13:25 MJ : Whattey wow they are 🙂
13:26 Shubro : USDINR looks like BTFD
13:28 Sandip : BTFD?
13:28 MJ : Sandip now 30k ce oi also steady rise up?
13:28 Shubro : buy the Fing dip
13:28 Sandip : 30k not trcking at the moment
13:28 Shubro : NF 21k guy holding it for now
13:28 Sandip : ill switch and start tracking now
13:29 Anubhav : wtf
13:29 MJ : aur dum hai is fall mein.
13:29 MJ : 🙂
13:29 NP : now people are throwing their towels
13:29 Rushabh : gap closed?
13:29 Anubhav : gap filled
13:30 Uttam : not yet Rushabh
13:30 Shubro : big numbers in NF here
13:30 Anubhav : 11400 hold ho jaye bas nahi circuit lag jayega
13:30 Anubhav : lol
13:31 TP : Friday close …I think FPI’S will get FM on TV or they get 3ib on both by close 😉
13:32 NP : Picture abhi baki hai
13:34 Anubhav : modi modi nirmala nirmals
13:34 Shubro : this is NaMo DeMo for fin markets
13:34 Anubhav : jetli ko vapas lao
13:35 Shubro : with BrahmoS
13:35 Shubro : well they can say no tax if all FPI;s invest through GIFT city only
13:35 Anubhav : manmohan rahul ko lao
13:36 Shubro : SC can come have to be damn careful
13:36 Himanshu : This is NAMO NIMA – ( Namo- Nirmala)
13:36 Shubro : Sandip u got positions?
13:36 Himanshu : Think – Amit Shah will become FM
13:37 Anubhav : haha
13:37 Shubro : He should
13:37 Himanshu : he will cover all FPIs personally – Give them one BJP worker and make them invest
13:37 MJ : Shubro. kuch karlo sc ka kaam.
13:37 Himanshu : Instead of Vote now Note colletcion
13:37 MJ : Majja aayega
13:37 Shubro : MKB day holding on to my profits
13:38 Shubro : playing USDINR
13:38 Shubro : instead
13:38 Himanshu : am telling you – am yet to see Organizational abilities of his order in my 25 years of observing election closely
13:38 Boppanna : Nifty Spot Gap on 17/5 closed 426
13:39 Anubhav : 11400 ke nice 11100 door open….lets see
13:39 Shubro : i agree the guy if nothing else does thing with ruthless efficiency and zyada bakwas nahin karta
13:39 Himanshu : yes
13:39 Gaurav : yups exit poll gap done
13:40 Himanshu : if in mayavati polling boths if he manages to get Muslim Women to vote for BJP –
13:40 Shubro : le le MJ aaya tera SC
13:40 MJ : 30k mein hu
13:40 Shubro : OI drop no where in sight
13:40 MJ : scalp mode
13:40 MJ : chotu chotu..
13:40 Anubhav : 11467 tag hona chahiye
13:40 MJ : OI flattening on one min in that.
13:41 Shubro : yep dekho
13:41 Shubro : bahut time hai
13:42 Anubhav : dpoc at 11485
13:42 Anubhav : gap ki kuch izzatto rakhni chahiye
13:43 Govind : Sandip
13:43 Sandip : yes Govind
13:43 Shubro : uff being shorted again
13:43 Govind : 20800 PE is dropping but the OI variance is still high.
13:43 Govind : Bottom for now?
13:43 Rajiv : Uttam IB in NF or still RB
13:44 Sandip : Thanika, can you please post a pic of 20800-30100 ce pe lines?
13:44 Govind : between 30800 and 30900
13:44 NP : every small bounce getting sold into ….. last hour could be scary it seems
13:44 Prudhvi : 3 ib?
13:45 Sandip : lets see Govind 15-20 more mins and a small up move would provide more info
13:45 Gaurav : BNF LL continues
13:45 NP : CAPITAL PROTECTION TIME
13:45 Shubro : yeah
13:45 Anubhav : falling sword
13:45 Anubhav : save necks
13:45 Sandip : well said NP haha
13:46 Shubro : no bakwas trades now
13:46 Govind : Ok man, 13:45 Sandip : lets see Govind 15-20 more mins and a small up move would provide more info
13:46 Uttam : yes equally important Narendra
13:46 Thanika : need to add strikes.. 2mins.. 🙂
13:46 Uttam : lol
13:46 Sandip : sure buddy
13:46 NP : lol
13:47 Govind : Sandip, I just added it
13:47 Anubhav : auto stocks fresh lows
13:47 Govind : Thanika, hope the charts are ok
13:47 Anubhav : rb again at gap level
13:47 Sandip : ok yea were headed lower
13:47 NP : That FPI isuue is really hitting us hard ….. all global markets are positive today ….. we are the only ones bleeding
13:48 Govind : Right Sandip
13:48 Anubhav : dpoc tag to banta hai vaise
13:48 Sandip : sold low 25% at 29855..as NP said capital protection time 🙂
13:49 Shubro : will DII’s come in ?
13:49 Thanika : cash fullVolume graphs indicates, nothing so bad.. bull/bear cumulative still remains weak as the mkt.. may bounce sharp, i hope
13:49 Govind : Yeah guys, capital and profit protection. Am all out. Just want to observe now
13:50 Anubhav : darr ke aage jeet hai
13:51 Rushabh : good greens here?
13:51 Anubhav : mountain dew pi liya
13:51 Sandip : Lol Akshay kumar in the house?
13:51 Sandip : haha
13:51 Shubro : lol
13:52 Shubro : MJ ur 30000 CE i think turned up again no?
13:52 Shubro : OI
13:52 MJ : 153 168
13:52 MJ : one round done
13:52 MJ : 148 again in.
13:52 Shubro : hmm
13:52 Govind : +1 MJ
13:53 MJ : Shubro 1% risk trade. If sc comes that should be good. Else will happily eating sl.
13:53 Shubro : test again and then see if it broken….halwa
13:53 Shubro : 168
13:54 Shai : lows still not secure
13:54 Govind : This is as good a trend day as we have seen in some days
13:54 Shai : one last down is left esp BNF
13:54 Shubro : SHai how to determine that?
13:54 Shai : 29760
13:54 Govind : Sandip….13:54 Shai : lows still not secure
13:54 Govind : 🙂
13:54 Shubro : we had zeros several times but went lower so need to learn?
13:55 Sandip : 29930..and holding above for 10 mins would give short covering till 30k..
13:55 Anubhav : nifty pushing
13:56 Anubhav : chalo re
13:56 Shubro : anything on TV guys
13:56 Anubhav : udayan and shankar sharma hi ayenge
13:56 Anubhav : aise din pe to
13:56 Govind : Dabur
13:56 Govind : results
13:57 Govind : vol growth double of street expectations but stock is still down
13:57 MJ : Shubro above 168 215 is vwap in that ce 🙂
13:57 Anubhav : wah wah mj
13:57 MJ : Promise will be out at 180++
13:58 Sandip : 🙂
13:58 Shubro : haha…mike testing there on
13:58 MJ : Anubhav you remember my comment on that 2.5L guy?
13:58 MJ : 🙂
13:58 Anubhav : yeah
13:58 Anubhav : that was beginiing of the end
13:59 Shubro : 2nd attempt in that failing
13:59 MJ : Failure of biggies on OF. are the most potent trades. Hence always mentally map all the biggie zones.
13:59 Shubro : 3rd time mein phadega
14:00 Shubro : if it happens
14:00 Sandip : we nned to make 1 last low before 2.45 kicks in
14:00 Anubhav : hmmm thnx mj
14:01 MJ : All be safe. Have to sign off for the day. See you on mon.
14:01 MJ : Hope shubro breaks it for me for 3rd attempt 🙂
14:01 Shubro : bye MJ hehehe
14:01 Shubro : i shall not break anything today
14:01 Vijai : 30500 and 10650 combo bought yesterdaty. Doubled in a day. Many thanks to uttam for valuable suggestions..great day so far
14:02 NP : Congrats Vijai
14:02 Anubhav : gr8
14:02 Shubro : +1
14:03 Vijai : thanks
14:04 Shubro : we have solid COTs last 3 * 30 min
14:04 Thanika : +1 Vijai, nice
14:04 Shubro : NF
14:05 Govind : New MB in BNF
14:05 Shubro : Shai MP needs adjustment in BNF?
14:05 NP : now it seems 11460 spot is also going to be a hurdle
14:05 Sandip : lol cahrt chota pad gaya
14:06 Sandip : chart*
14:06 Anubhav : haha
14:06 Shubro : going going gone again looks like
14:07 Shubro : thse lows have to hold
14:07 Prudhvi : profile chart needs to be adjusted
14:07 Uttam : Super Vijai & many congrats 🙂 (14:01) Vijai : 30500 and 10650 combo bought yesterdaty. Doubled in a day. Many thanks to uttam for valuable suggestions..great day so far
14:08 Uttam : poor lows in spot needs to be repaired
14:08 Uttam : 11407 needs to get tagged in Nifty
14:08 Shai : 29760 comig now
14:09 Uttam : +1 Shai
14:09 Shai : (13:18) Shai : BOT has 29765 in sight
14:10 Sandip : naaace
14:10 Shubro : shorting here
14:10 Sandip : 29900 needs to hold now
14:10 Shubro : 29853
14:11 NP : The way put premiums are rising with rising OI it seems soon we are heading to 11300 spot …… (for next few sessions 1st priority should be CAPITAL PROTECTION)
14:12 Shubro : looks like the whole house is gonna come down after 2:30
14:12 NP : keep an eye on USD INR move too
14:12 NP : again attempting 69
14:13 Shubro : back at days high told ya BTFD
14:13 Shubro : and we are sinking in BNF
14:13 Anubhav : bnf also wants to fill gap now
14:13 Anubhav : 29500 arnd
14:14 Sandip : alll out
14:14 Sandip : 6.5 dt total
14:14 NP : Congrats Sandip
14:14 Sandip : aaah the bot also says it
14:15 Sandip : better to be safe
14:15 Thanika : +1 Sandip!
14:15 Shubro : 205 to 223 29800 PE
14:15 Sandip : Thank you guys
14:15 Shubro : good man Sandip well done
14:15 Sandip : +1 to who ever made the trip
14:15 NP : People were hoping to get a bounce throughout the day ….. one round of panic may still be there at the time of MIS sqaure off
14:16 Shubro : yes thats what i am hoping for
14:16 Sandip : Thanika, can you post a pic plzof the OI lines
14:16 Shubro : 😛
14:16 Govind : Almost same Sandip, 29800PE from 206 to 221
14:16 Govind : what a day!
14:17 Sandip : GG guys well done, Govind , Shubro
14:17 Boppanna : BANKNIFTY N19-NSF Signal Action Alarm! 29801.40 at 14:14:45 Heatseeker :Book fully the sell. Tgt 2. QT-2
14:17 Govind : Thanks Shai for the tip!
14:17 Shubro : learning from you Sandip please dont dissapear
14:17 Govind : Yeah Bops, that is why I exited
14:18 Govind : almost 4 DT boys. Rare day for me.
14:18 Himanshu : Govind bolo hari gopal bolo
14:18 Govind : Haha Himanshu
14:18 Shubro : fantastic Govind
14:18 Govind : Thanks Shubro
14:18 Shubro : happyness all around
14:19 Sandip : Its good to have a group where people have good concepts to share..I keep learning 2-3 new things every week here
14:19 NP : +1 Sandip
14:19 Govind : Yes Sandip, pack hunters!!
14:19 Shubro : i am just trying to build a set of basic and scale had been struggling for a while
14:19 Govind : with Shai at the lead
14:19 Himanshu : NP ji – Aap bank ja ke aagaye
14:19 Sandip : Well said Govind +1
14:20 Himanshu : Well Finally they picked my call
14:20 Shubro : GOvind Sandip used to sell options now only buying and its working out
14:20 Shubro : hahahha Himanshu
14:20 Himanshu : LIC guys – cabinet meeting
14:21 Himanshu : so line is busy – I threathen them Gujarat mein bhi seats jayegi
14:21 Himanshu : Maximum Share market players are from here,,
14:21 Govind : Oh Ok. It is working out really good for Sandip 🙂 14:20 Shubro : GOvind Sandip used to sell options now only buying and its working out
14:21 Himanshu : and They are unhappy – either do somthing – let Amit Shah starts tipping Nirmala
14:22 Himanshu : They promised 11 – 420 Bachalenge
14:22 Sandip : Guys If you see the latest chart that Thanika has posted..same scenario for 29800 and 29900 ce…..in all those little bounces from lows..the CE guys were adding up the OI
14:22 NP : RBL Bank down 13%
14:23 Himanshu : Saale $420$
14:23 Himanshu : Better they keep Ratnakar Sahkari bank, and co-operative banks in BNF now
14:23 Govind : Wonder what RIL and HDFCB are gonna do this weekend
14:23 Himanshu : enough of this Yes/No banks
14:24 Govind : MJ
14:24 Shubro : right Sandip
14:24 Himanshu : even their fraud levles are only upto their committe members
14:24 NP : No great expectations from RIL results I think
14:24 Govind : Once it left that MB, BNF fell some 65 points, great place to scalp
14:24 NP : HDFC always comes up with in line numbers
14:24 Uttam : COT at 7.5L & 2.5L
14:26 Govind : Yeah Naren, true
14:26 NP : This FPI issue is much bigger thing than any of the results
14:26 Sandip : I was gonna say moves maxxed at 29850 now
14:26 Govind : We shall know the magnitude once Suyog gives out the numbers later today
14:27 Govind : Upside you mean, Sandip?
14:28 Anubhav : bajajfin top loser
14:28 Anubhav : it was fiifav
14:28 NP : yes ….. fall in Bajaj twins is alarming
14:28 Anubhav : 0 percent ke paise se hi khareed sakta hai koi itnaovervalued share
14:28 Govind : Anu, on a day like today, please keep an eye on BajFin – loses the most.
14:29 Govind : Overvaluation
14:29 Anubhav : yeah
14:29 Govind : Another MB in BNF
14:29 Anubhav : autos have already fallen…thses hdfcs n bajaj will trigger more downside in index
14:30 NP : (14:15) NP : People were hoping to get a bounce throughout the day ….. one round of panic may still be there at the time of MIS sqaure off
14:30 Anubhav : nf abt to break gap support
14:30 Anubhav : this is last hope
14:31 Sandip : no Govind downside
14:31 Uttam : gap support already broken Anubhav
14:31 Anubhav : spot was 11420 i think
14:31 Uttam : it is jusut closing the gap completely
14:31 Sandip : up moves shouldnt break that level of 850
14:31 Anubhav : yes
14:31 Uttam : 11611-11407 was the singles
14:31 Anubhav : that ways
14:31 Govind : Dang, another LL
14:31 Shubro : what up move aonly down
14:31 NP : it’s going to be margin calls and capitulation time now
14:31 Sandip : Shai also gets his levels:)
14:32 Uttam : Shai just need to order & BNF always delivers 🙂
14:32 Uttam : BNF is like Swiggy & Zomato for Shai
14:32 Govind : Haha
14:32 Sandip : haha
14:32 Shubro : and personal conciergie for Jit
14:32 Himanshu : Zeros in NF
14:32 Anubhav : zeros mean auction complete?
14:33 Himanshu : Uttam – Sandip
14:33 Himanshu : Zeros in NF does it says complete here,,,,
14:33 Shubro : its supposed to Himanshu lekin aaj nakra zyada hai
14:33 Sandip : depends ..if they hold the price
14:33 Uttam : lets see how this 30min bar closes Himanshu
14:33 Uttam : 10 more mins
14:33 Sandip : yes perfect Uttam
14:33 Anubhav : dpoc at 11440
14:33 Anubhav : gogogo
14:33 Anubhav : lol hope again
14:33 Uttam : we have greens bands on 30mins though in NF
14:34 Rushabh : bounce coming
14:34 Uttam : onw came in BNF also
14:34 Himanshu : 45 degree trade if it happens in BNF today will be killer
14:34 Anubhav : algo time coming
14:34 Anubhav : virus daal do himanshu
14:34 Govind : No Himanshu, trend day
14:34 Rushabh : hdfcbank
14:34 Govind : no 45 degree
14:35 Sandip : ok 3 bars are +ve..and cot seems decent in them
14:35 Shai : 29770 looks secure in BNF
14:35 Sandip : lets see if 29850 holds or not
14:35 Shai : lows done mostly though close may still be near 29800 as of now
14:35 Shubro : swift
14:36 Sandip : 🙂
14:36 Shai : 6 short but hope you guys closed – (14:09) Shai : (13:18) Shai : BOT has 29765 in sight
14:36 NP : one last scalp …. 11300CE 150-162 …. booked fully
14:37 Sandip : nice..there it was…880cot bar was ok…the 10k and 6 k ones were good….now lets wait and watch
14:37 NP : day low was stop loss for that
14:37 NP : Coffee Time
14:37 NP : it was a great day
14:37 Govind : Amazing Shai, yes. closed as soon as this alert came. 14:36 Shai : 6 short but hope you guys closed – (14:09) Shai : (13:18) Shai : BOT has 29765 in sight
14:38 Shubro : yes 2 scalps 3000o CE and 11400 CE
14:38 Anubhav : need 10 more points for sc to come in nf
14:38 Shubro : 140 to 152 thought i could tell mihir that 168 broke haha
14:38 Sandip : nice Shubro
14:38 Shubro : thanks Sandip
14:39 NP : Congrats Shubro
14:39 Shubro : with 21DT naren it wasnt great it was a riot
14:39 Shubro : and thanka Naren
14:39 Shubro : break time
14:39 NP : yeah it was a riot indeed
14:39 Amjad : uttam what is this coi in mplite charts?
14:40 Amjad : is it cumulative open interset
14:40 Govind : Yes Amjad
14:40 Govind : See Suyog’s message in Slack
14:40 Amjad : ok thnks nice
14:40 NP : now Axi is falling
14:40 NP : Axis*
14:41 NP : it seems we are not even going to close above 11460 Spot
14:42 Shubro : Naren wise to carry shorts next week? Sandip?
14:42 Sandip : Too many things to consider for that Shubro, I would recommend it at all
14:42 Shubro : ok
14:42 Sandip : wouldnt*
14:42 Shubro : duly noted
14:42 NP : don’t carry any position on weekend
14:42 Shubro : right ho
14:43 NP : +1 Sandip
14:44 Anubhav : chalo algo
14:44 Anubhav : karo kuch
14:44 Shubro : i taur chaiye Anu?
14:44 Shubro : aur*
14:44 Uttam : yes guys no point carrying shorts after such a big fall over last 2 days, better to enter fresh on Monday
14:45 Anubhav : shubro kuch upar ka bhi tamsha ho jaye
14:45 Shubro : no trigger
14:45 Uttam : and that COT also is hugely positive though need to see how it closes the day
14:45 Sandip : yes Anubhav Im looking to see some upside till 30100
14:45 Shubro : this earnings is unravelling of all the gas that had been building up
14:45 Sandip : thats our current vwap for the day
14:45 Anubhav : dead cat bounce to banta hai
14:45 Anubhav : to sahke things up
14:45 Shubro : woh to hai
14:46 Uttam : @Shai can we get Aug COT too EOD today just to see if there are any rolls happening there
14:46 Shubro : hehe
14:46 Sandip : Govind can you post that pic please
14:46 Shubro : 11440 now resitance
14:46 Anubhav : short sls ar arnd 11467 i think
14:46 Shubro : minor
14:46 Anubhav : yeah
14:46 Sandip : seems like bnf needs new day low
14:47 Anubhav : trend day vwap 11496, last onewas 11625
14:47 Shai : sure Uttam will add
14:48 Anubhav : achha hua aaj expiry nahi hai…kal writers bach gaye
14:48 Shubro : totally
14:49 Anubhav : panic aa jaata
14:49 Govind : Posted
14:49 Shubro : haha 55k
14:49 Shubro : will he be the action hero today
14:49 Govind : 29900 OIs converging Sandip
14:49 Anubhav : shorts booking now
14:49 Anubhav : inko bhi to weekend risk hai
14:49 Anubhav : govt can do anything over the weekend
14:50 Himanshu : They will look at their positions
14:50 Himanshu : and decide ( haha)
14:50 Sandip : sold 25% at 29825…maxx last scalp
14:50 Sandip : my Sl at 875
14:51 Anubhav : algo kaha reh gaye aaj
14:51 Sandip : Anubhav it fells like full day was algo only
14:51 Anubhav : lol
14:51 NP : lol
14:51 Anubhav : fir bhi
14:51 Sandip : 🙂 maybe the 3.05 wala jaag jayega
14:51 Anubhav : aaya i think buy wala
14:51 Shubro : u need ur 2:45 algo
14:51 Himanshu : Algo – Ogla hain,,
14:51 Govind : Sandip, did you see?
14:52 Himanshu : they are writing new codes
14:52 Sandip : Yes Thank you Govind
14:52 Govind : +1
14:52 Govind : more downside it suggests for now
14:52 Shubro : CE increasing Gov?
14:52 Anubhav : 11420 holding nifty has a chance
14:53 Himanshu : Algo can buy also
14:53 Govind : No crossover yet
14:53 Anubhav : yes
14:53 Anubhav : apna bet to buy pe hi hai
14:53 Govind : some 20k separates the two
14:53 NP : last scalp of the day ….. 11300CE 148-158 ….. done and dusted …… Enjoying a Strong Coffee now
14:54 Himanshu : 52 Greens in NF
14:54 Himanshu : Shorts covering guess
14:54 Shubro : yes watching to see if he holds price
14:54 Sandip : bought 29.8 pe at 191 also
14:55 Govind : Bought at that dip Isee, good place to enter bro
14:55 Shubro : i got in too
14:56 Shubro : come bnf come
14:56 NP : I am completely out now ….. last 30 minutes are going to be zigzag moves
14:57 Anubhav : diveregent lows in nf
14:58 Sandip : out at cost bnf
14:58 Sandip : and Pe out at 14 pts profit
14:58 Sandip : Brokerage vasool I guess
14:59 Anubhav : chalo re nf chalo
14:59 Sandip : More time is needed which is not there sadly
15:00 Shubro : NP reason u said zig zag is a) cpeole will close positions and 2) directions will be positioned for?
15:00 Shubro : yeah out of that 29800
15:00 NP : yes
15:00 Shubro : thanks
15:01 Shubro : so can expectrd to see this last distibution now forming out
15:01 Shubro : ?
15:01 Govind : 29800 PE is seeing a lot of buying in the 200 zones
15:01 NP : No Thanks Please Shubro ….. we all are learning new things from each other in this room ….. no formalities please
15:01 Shubro : cool
15:02 Shubro : Naren u based in Bangalore?
15:02 Govind : +1 Naren
15:02 NP : Solapur – Maharashtra
15:02 Shubro : ok
15:02 Govind : Vix is awake now
15:02 Shubro : hey isnt it where the MIT college is?
15:02 Anubhav : another flag forming in nf i guess
15:02 Govind : Now we know, that the monthlies are being written
15:02 Anubhav : low todenge
15:02 Shubro : whoosh
15:02 Hiren : last support of NF at 11375.. let us see
15:03 NP : (14:15) NP : People were hoping to get a bounce throughout the day ….. one round of panic may still be there at the time of MIS sqaure off .
15:03 NP : this is what i was talking about
15:03 Shubro : nice
15:03 NP : these are margin calls getting triggered
15:03 Shubro : wow nice Naren
15:03 Anubhav : yeah thnx
15:04 Himanshu : Bot figure 29785
15:04 Anubhav : aut sqr off
15:04 Sandip : Im ok watching it hit day low 🙂
15:04 Sandip : gg
15:04 Shubro : this reminds me of watching 9/11 on tv when i was boarding a flight
15:04 Govind : 29800 PE OI also dropped and price went up
15:04 Sandip : GG those ce charts are killing it
15:05 NP : now the gates are open for testing 200 DEMA next week
15:05 Govind : Man, this is brutal
15:05 Sandip : Neat concept for judging false moves na Govind?
15:05 Govind : Absolutely Sandip
15:05 Govind : Love it!
15:05 Govind : This is real quants man
15:06 Shubro : u mean the plot of the OI on the BNF and NF chart Sandip?
15:06 Sandip : yep
15:06 Govind : I am at 5 DT now
15:06 Shubro : yes yes nicely done
15:06 NP : +1 Sandip
15:06 Govind : Again, very rare for me
15:06 NP : Congrats Govind
15:06 Govind : Thanks Naren
15:06 Himanshu : I told you Govind bolo hari gopal bolo
15:06 Sandip : Gongo everybody
15:07 Shubro : slapping everyones back virtually
15:07 Sandip : this is carnage
15:07 Anubhav : how iz 11400 pe oi ?
15:07 Anubhav : falling ?
15:07 Govind : Yes, congrats to all. On a trend day, we are epxted to kill it with the tools we have at our disposal
15:07 NP : +1
15:07 Sandip : Im gonna install the script Thanika made for this later today…better than me changing data manually..:)
15:08 Govind : Sandip, BNF has moved 11 strikes since y’day
15:08 Shubro : is this on AMi broker
15:08 Govind : Yeah Shubro
15:08 Sandip : yea, in my excel sheet I had to shift strikes thrice
15:08 Shubro : Gov help me out too?
15:08 Shubro : Thanika?
15:08 Shubro : i have ami installed as well
15:08 Sandip : Shubro, Thanika has given the script in random channel
15:08 Shubro : oh ok
15:09 Govind : Sure bro
15:09 Sandip : yesterday i think
15:09 Shubro : allright will check it out
15:09 Govind : Yes
15:09 Shubro : coolios
15:09 Govind : Quite easy to install, if issues ping me
15:09 Shubro : Gov text me ur number na on messenger
15:09 Govind : Will do man
15:11 Himanshu : How about Trade point –
15:11 Himanshu : Any idea any one has on their OPtions charts
15:14 Rushabh : shai your view on the cot today?
15:14 Anubhav : sc happeing
15:14 Anubhav : finally
15:15 Sandip : haha
15:16 Anubhav : too late
15:16 Sandip : exactly
15:16 NP : +1
15:16 Govind : We broke the May 23rd profile today right Uttam?
15:16 Govind : In BNF?
15:17 Shai : COT is red in Aug so looks like shorts in Aug in half of the trade
15:18 Shai : should see selling on a bounce to 11500
15:18 Rushabh : bounce should come shai?
15:18 Shai : yes
15:18 Uttam : 11407 aa gaya kya?
15:19 Govind : Uttam?
15:19 Govind : 15:16 Govind : We broke the May 23rd profile today right Uttam?
15:19 Uttam : spot 11407 tag was imp for a bounce
15:19 Govind : in both?
15:19 Uttam : 23rd may profile brken long back Govind
15:19 Sandip : yes Shai…same concept in drop fro 31200-30400
15:19 Uttam : today we tagged the 17th May highs
15:19 Uttam : before we gapped up on 20th
15:20 Govind : Oh ok, must’ve missed it 🙂
15:20 Sandip : omg 4 blue cot bars 🙂
15:20 Sandip : govind plz post one last pic
15:20 Govind : sure
15:21 Anubhav : bhai
15:21 Anubhav : algo itni late cheating
15:21 Anubhav : loss karwa ke buy kar liya
15:21 Uttam : so both NF & BNF tag the 1ATR move down from a monthly FA too
15:22 Anubhav : chalo mondoy 11450 ke upar fresh buy
15:22 Uttam : first time observed FA on a monthly scale
15:22 Sandip : Ok Thanika did Govind
15:22 Govind : I did too, no worries
15:22 Sandip : Thanks guys
15:23 Gaurav : please post august charts also in the evening reports (15:17) Shai : COT is red in Aug so looks like shorts in Aug in half of the trade
15:24 Shai : will do
15:24 Anubhav : 11488 is imp number max upside tgt for nf bounce
15:24 Boppanna : Keep it coming Uttam 15:22 Uttam : first time observed FA on a monthly scale
15:24 Uttam : thanks Shai
15:25 Shai : +1- (15:24) Anubhav : 11488 is imp number max upside tgt for nf bounce
15:25 Shai : just careful with the bounce
15:25 Shai : Fri trend day has a follow up on Monday
15:25 Anubhav : yes last week it happened
15:25 Govind : Apparently there is a buying freeze for PEs and CEs. Are you guys aware of this?
15:25 Anubhav : not selling puts now have only aug long calls shai
15:26 Sandip : Meaning Govind?
15:26 Govind : For example, 29500 PE, upper ciruit limit is165.25
15:27 Govind : once it crosses it, NSE will freeze trading
15:27 Sandip : are not really
15:27 Anubhav : uff greens
15:27 Anubhav : dhoka by algos
15:27 Govind : Yes, I just read about it
15:27 Sandip : as soon as the upper limit gets hit..it gets extended more..there will be a different upper/lower limit happen
15:28 Sandip : its quite lame in options
15:28 Govind : Yeah, I dont get it either
15:28 Sandip : Bye guys awesome time
15:28 Sandip : and have a good weekend
15:28 Shai : Bye all
15:28 Anubhav : bye folks
15:28 Govind : Yes, have a great weekend
15:28 Shai : Have a nice evening and a cool weekend
15:28 Uttam : thanks All 🙂 have a lovely weekend
15:28 Anubhav : cya on mon
15:28 Shai : captch up Mon
15:29 Thanika : bye all.. have a nice week-end 🙂