Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.
Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF
BNF
Room Chat
09:19 Shai : (09:19) Shai : Update – Book half of the NF longs at 11781 F here . Hold the puts will uodate
09:27 Shai : (09:27) Shai : Exit from the 11700 pe at 14 here
09:41 Shai : (09:41) Shai : Intra – Buy 30600 put at 145 sl of 110 tgt 225
10:04 Shai : (10:04) Shai : Exit from the 30600 PE at 142 near cost here
10:18 Shai : (10:17) Shai : Intra – keep a short open in BNF below 30575 sl of 30669 tgt 30480. cmp 30610 . short below.
11:19 Shai : (11:19) Shai : Uodate – Book fully the NF longs at 11760 here
11:45 Shai : (11:45) Shai : BNF tgt 1 done. Book half here and ride at cost for 30400
11:47 Shai : (11:47) Shai : Book the BNF fullt 30510
13:14 Shai : (13:13) Shai : Intra – short BNF 30510- 515 sl of 30622 tgt 30375.
13:29 Shai : BNF at 30468 now. Book half here and ride at cost some
13:34 Shai : (13:34) Shai : Update – exit the balance qty in BNF
08:59 Sumesh null : gm all
09:03 Shubro : GM all
09:04 Shai : GM all
09:04 Sumesh null : sgx nifty 11740
09:04 Narendra : Good Morning
09:04 Sujeet : gm all
09:04 Thanika : GM all
09:04 Sujeet : sgx was 11780 ystrday..lets get it dne today
09:05 Sumesh null : any news in morning
09:05 Sumesh null : global markets positive
09:05 Shai : https://vtrender.in/market-profile-analysis-dated-18th-june/
09:08 Himanshu : gmall
09:08 Yogesh : GM….all
09:08 AN : GM all
09:09 Ashutosh : GM all
09:09 Anubhav null : gm
09:13 Deepak : GM
09:13 Maheshwar : GM all
09:17 Uttam : Good Morning All 🙂 been a fight getting into the room today 😉
09:17 Govind : Hypo A done
09:17 Sandip : GM All
09:18 Amit : GM
09:18 Uttam : multiday FA confirmed in both NF & BNF at 11657 & 30200
09:18 MJ : Mumbai local vibes Uttam 🙂
09:18 Uttam : 1atr comes to 11787 & 30685
09:19 Shai : Update – Book half of the NF longs at 11781 F here . Hold the puts will uodate
09:19 Govind : NF F premium is also up
09:19 Sandip : +1 Shai
09:20 Uttam : boom boom
09:20 Tina : so nf almost 11800
09:20 Uttam : could tag that here
09:21 Uttam : nice one Tina 🙂 +1
09:21 Sandip : @shai can bnf move till30690?
09:22 Govind : 2.5 DT done…better than y’day
09:22 Uttam : someone needs to inform SGX that we have opened 😉
09:22 Govind : Thanks Shai
09:22 Uttam : nice Govind 🙂 congrats
09:22 Govind : Thanks Uttam
09:22 Uttam : SGX still at 11741
09:22 Shai : 30667- (09:21) Sandip : @shai can bnf move till30690?
09:24 Sandip : Thx Shai
09:26 Govind : Bye guys, see you all at 2pm. Have some work.
09:27 Shai : Exit from the 11700 pe at 14 here
09:28 Uttam : 11800 here
09:28 Rushabh : +1
09:29 Shai : low at 11745 F is secure from OF perspective now
09:29 Shai : 11837F possible
09:29 MJ : 0’s galore at lows.
09:29 Jay N : can 11700 ce touch 135??
09:29 Anubhav null : pre budget rally
09:29 Sandip : nice
09:30 Shai : sone 1 booked
09:31 Uttam : yes 1L red
09:31 Shai : 1L longs
09:31 Sandip : 1.5x Dt done
09:31 Uttam : nice Sandip 🙂 congrats
09:31 Sandip : Thx Uttam
09:32 MJ : Nifty spot tags 23rd may onwards composite VAL.
09:32 Jay N : congrats
09:32 Sandip : @Shai, what was the reason for that positional?
09:32 Rushabh : mean revert to vpoc?
09:32 Uttam : we are into this week’s selling tail
09:32 Shai : 138 possibkle – with 87 TSL now – (09:29) Jay N: can 11700 ce touch 135??
09:33 Jay N : may i know how much is 1 dt ???
09:33 Jay N : TY (09:32) Shai : 138 possibkle – with 87 TSL now – (09:29) Jay N: can 11700 ce touch 135??
09:33 Anubhav null : spike low testedin nf
09:34 Maheshwar : is ths rs in nf at the top
09:35 Uttam : yes Maheswar but today’s context is that we have a drive away from 2day balance to these could be more of longs booking
09:35 Uttam : try to see how good a follow up this 1L guy gets
09:36 Uttam : 11879 can come today Shai if sustains above 11830?
09:36 Uttam : trifecta in NF
09:36 Sandip : looks pretty strong Uttam, 11850 atleast
09:36 Maheshwar : ok uttam
09:37 Uttam : yes Sandip 14L vol in first 15 mins
09:38 Sandip : when is budget btw?
09:39 R Goel : 5th jul
09:40 Sandip : thanks RG
09:40 Pradeep null : hi i am new subscriber. yday i exited the same sl but i saw the pe exit msg
09:41 Uttam : hi Pradeep did you exit 50% longs?
09:41 Pradeep null : no sir i tree only 1 lot
09:41 Shai : Intra – Buy 30600 put at 145 sl of 110 tgt 225
09:42 Narendra : what a timing ….. just bought that and you gave the call Shai Sir
09:42 Narendra : I am in at 140
09:43 Shai : @Sandip check the day highs in BNF and the COT there
09:44 Uttam : +100 Shai
09:44 Uttam : 16k red came in there too
09:44 Uttam : with RS at 30650
09:44 Shai : +1 Narendra
09:44 Sandip : OI buildup in Nifty PE strikes 11700,11750 and 11800..is quite strong…if we hold 11770.. this could hot 11850
09:45 Tina : 11861 anyone
09:45 Shai : @pradeep if you exited good – But in future wait for the message and never trade positionals on ticks
09:45 Pradeep null : ok sir
09:46 Shai : test of 30520 expected in BNF
09:47 Shai : The Buy in NF was yesterday. The village is coming to buy now and the smarties are selling to them
09:48 Sujeet : super
09:48 Anubhav null : reds at vwap
09:48 Shai : they will push the late longs out and buy the dip
09:49 Sandip : +1 Shai
09:49 Maheshwar : can it fill the gap
09:49 Sandip : Shai what was the reason to buy NF yesterday?
09:49 Shai : posted on Market Profile thread
09:49 Shai : + COT
09:51 Sandip : checking it out now, thanks
09:54 Uttam : BNF takiing sup at that 30585-560 zone where it was resisting last 2 days
10:00 Anubhav null : hmm
10:04 Anubhav null : vwap defended so far
10:04 Shai : Exit from the 30600 PE at 142 near cost here
10:05 Anubhav null : c ext up?
10:05 Shai : vwap defended
10:05 Shai : so one look up may come
10:14 Sumesh null : charts?
10:17 Shai : charts up?
10:17 Sandip : yes Shai
10:17 Shai : Intra – keep a short open in BNF below 30575 sl of 30669 tgt 30480. cmp 30610 . short below.
10:18 TP : GM All.
10:18 Shai : the 30600 pe needs to cross 162 for a better move up
10:19 Uttam : +1 Shai
10:19 Uttam : played that pe from 145 to 159 & had placed fresh order above 168
10:22 Narendra : i too exited at 160 ….. (140-160)
10:24 Uttam : nice Narendra +1
10:24 Boppanna : +1 10:18 Shai : the 30600 pe needs to cross 162 for a better move up
10:28 Uttam : BNF staying above PDH
10:28 Uttam : (09:54) Uttam : BNF takiing sup at that 30585-560 zone where it was resisting last 2 days
10:29 Himanshu : Uttam _ cot in C for NF is positive slowly cutting negative at this rate 1.-1.30 can be claiming IBH ?
10:30 Shai : pause time at vwap dpoc
10:30 Shai : market advertsiing opportunity again
10:31 Uttam : back above vwap means could force the morning shorts out?
10:31 Shai : looking to get a quick short trade below vwap only
10:31 Shai : if it comes that is
10:31 Uttam : +1 Shai
10:31 Shai : not looking at shorts abv vwap
10:31 Yogesh : (10:30) Shai : market advertsiing opportunity again…….for long (to trap late commers)
10:31 Uttam : today then just a OA Shai no drive?
10:31 Shai : B did not cross A so no drive
10:32 Uttam : yep plus vwap gave way too soon
10:32 Himanshu : Chief -n BNF COT table – will u please check ?
10:32 Himanshu : think some eror ion COt and day cot
10:32 Shai : the smartest felow is at 11811 . he sold into strength and too off
10:32 HPandey : shai day COT -ve so yesterday long booking out?
10:33 Shai : yes Himanshu
10:33 Shai : if it was new sells we would have broken vwap by now
10:33 Shai : from OF point of view we see an RS at 11811 but no IS
10:34 HPandey : okkk…thnks a lot shai
10:34 Uttam : (10:32) Himanshu : Chief -n BNF COT table – will u please check ? it is right na?
10:35 Himanshu : see A – DAy cot is 177040 ( _ve) Ok
10:36 Himanshu : now B cot is also – 52k so shall become 222 K ( -ve) in B
10:36 Himanshu : but is showing less
10:36 Uttam : that is yesterday cot -177040
10:36 Himanshu : whereas – NF is showing correct
10:36 Himanshu : yes now we carried fwd that now
10:37 Uttam : COT starts afresh daily
10:37 Himanshu : ok so startrng point is B then
10:38 Uttam : check A period on top of bar and in box matches
10:39 Uttam : boom boom coming?
10:39 Himanshu : ok will chat later on thsi
10:39 Uttam : let it come in D
10:39 Himanshu : still have confusion
10:40 Himanshu : check A box in NF is -185250 – same reflects in table at bottom in ay cot
10:40 Himanshu : same way check in BNF
10:41 Himanshu : box in a says – 52650 – whereas day cot says -177040
10:41 Uttam : it is -52560 in both
10:41 Uttam : you are watching yesterdays last box values
10:41 Himanshu : no
10:41 Sandip : some writing in 11800 CE also, but for now Pe writing at that strike much greater
10:42 Himanshu : tehn table alignment is issue
10:42 Uttam : I am able to see it fine both in room as well as goto link
10:42 Himanshu : velow A i see Volue – 636160 – Nety delta -30440 COT 234440 – day cot -177040
10:43 Uttam : refresh it once
10:43 Thanika : below A i see 2294250 etc..
10:43 Himanshu : Bol shree uttam lal ki jai
10:44 Uttam : _/\_
10:44 Himanshu : is set now my daily bread so .. pls pardon queries
10:44 Sandip : Sree sree Uttam!
10:44 Uttam : y man Sandip DT over so leg pulling is it 😉
10:45 Sandip : haha…abhi auur Dt baaki hai mere dost 🙂
10:45 Uttam : 🙂
10:46 Thanika : in some Nifty50 cash mkt, big selling happening once at 10:16am and now at 10:45am
10:47 Sandip : How does one see selling /buying in cash mkt?
10:47 Sandip : Thanika?
10:47 Thanika : i have an Amibroker script to combine all the 50 stocks volume and tracking that as MoneyFlow
10:48 Uttam : cool
10:48 Sandip : ok, nice concept
10:48 Uttam : and how do you identify selling and buying?
10:48 Sandip : Money flow up/down I suppose
10:49 Thanika : just using money flow basics based on the OHLC, bear volume/bull-volume formula .. not accurate as OF
10:49 Uttam : C period done so now D mein dhan dhana dhan ?
10:50 Thanika : +1 (10:48) Sandip : Money flow up/down I suppose
10:50 Rushabh : premium spiked?
10:51 Chetan Panchal : D period makes moves . Is it an obervation ?
10:52 Sandip : At one point I used to prefer MFI above everything..but realised nothing is better than orderflow…although making MFI with esignal tick data would be a superb dream come true 🙂 🙂
10:52 Uttam : yep D needs to extend to compliment the A period singles & this move away from the 2-day balance
10:53 Chetan Panchal : for otfying ?
10:53 Uttam : we have had initiative activity in the mroning so they need to give a follow up else tai tai fish
10:54 Chetan Panchal : got it
10:54 Thanika : uploaded an image into the #random channel, just for more info
10:54 Uttam : thanks Thanika, will surely have a look
11:01 Uttam : greens in BNF
11:02 Uttam : 13k now
11:02 Thanika : one more cash mkt sell now, but the volume is lesser than previous 2 spikes
11:02 Uttam : shorts being forcd to quit looks like?
11:02 Uttam : 43500 in NF
11:02 Uttam : COT coming down in both
11:03 Thanika : Cash mkt sell continuing… looks like a sustained sell each minute
11:05 Thanika : big spike alert…
11:05 Uttam : BN Spot had a previous balance from 30698-30773-30870
11:05 Rushabh : broader market gave up all gains
11:06 Boppanna : 30600pe dip and bounce
11:06 Shai : BNF sell active
11:06 Uttam : yes Shai
11:07 Thanika : +1
11:08 Azmath : Super Thanika, timely spike alert
11:09 Shubro : massive Thanika good call +1
11:10 Shai : +1- (11:03) Thanika : Cash mkt sell continuing… looks like a sustained sell each minute
11:10 Uttam : TSL for pos long will be at cost now Shai?
11:11 Shai : expecting 11745 to hold and some greens let’s see
11:11 Uttam : ok Shai +1
11:11 Shai : BNF was not in the mood sicne open
11:11 Thanika : Thanks all, more on … good call Shai. i had a trigger sell on BNF below your level..cool 🙂
11:11 Uttam : yes nice one Thanika 🙂 +1
11:12 MJ : To the T.
11:12 MJ : 🙂
11:12 Chetan Panchal : this can be IAB
11:13 Boppanna : Now if 540 can move aside in BNF can be quick IMO
11:14 Shai : (09:47) Shai : The Buy in NF was yesterday. The village is coming to buy now and the smarties are selling to them
11:15 Shubro : grand call Shai take a bow man
11:15 Uttam : +100
11:15 Shubro : avenged yesterdays monkey moves
11:15 AN : _/\_
11:15 Sandip : +1 Shai
11:15 Azmath : Shai _/\_
11:15 Shai : all that late long floored at vwap
11:17 Maheshwar : going to fill nifty spot gap
11:19 Shai : Uodate – Book fully the NF longs at 11760 here
11:19 Narendra : Sold 11900CE Monthly @ 40.65 with day high as stop loss (46.30) ….. covered fully at 34.80 …. will be waiting on the sidelines now
11:20 Shai : still no buyers
11:20 Himanshu : rather big red
11:20 Himanshu : Chief – Whattta cal
11:20 Yogesh : big red in NF
11:20 Uttam : entered 11800pe at 55 booked 50% at 69 now holding rest at cost
11:20 Shubro : that Shai and Thanika alert gave 2 DT
11:20 Yogesh : may be SL
11:21 Shubro : reserving 2 beers
11:21 Himanshu : till that 100k – Seller of 10815 coveres –
11:22 Boppanna : Shai 225 on this possible? 10:24 Boppanna : +1 10:18 Shai : the 30600 pe needs to cross 162 for a better move up
11:22 Shai : more reds in NF
11:22 Yogesh : ok
11:22 Shubro : aiyoo look at NF
11:22 Shai : 11708 may come below 11745
11:22 Yogesh : Shai….is it fresh sellers or SL?
11:22 Uttam : 11760 was morning green band
11:22 Shai : niw fresh sellers
11:22 Yogesh : ok
11:22 Uttam : BNF not yet joined full fledge
11:23 Yogesh : Shai….. can we fresh short postion n. VWAP?
11:25 Rushabh : no follow thru on that -1.2 lac bar?
11:25 Yogesh : yes
11:25 Sujeet : vwap test
11:25 Yogesh : or may be profit booking?
11:26 Sandip : looks like this could be a repeat of yesterday
11:27 Sandip : this last 52k red was a profit booker
11:28 Sandeep : Shai – What made u change your view before 11745 was tested ? – 11:11 Shai : expecting 11745 to hold and some greens let’s see
11:29 Uttam : morning 0s there Sandeep
11:29 Rushabh : no greens
11:30 Thanika : Cash mkr after some pause, reds showing up again
11:30 Sandeep : But expectation was greens at 745 right ?
11:30 Shai : COT Sandeep
11:30 Uttam : 4L negative COT
11:30 Sandeep : Ah ok tx
11:31 Uttam : just like how BNF was holding PDL before NF doing it now
11:32 Hardik Jikkar : PDH*
11:32 Natarajan : you mean PDh
11:33 Uttam : prev day high
11:33 Thanika : wow, good sell in Cash, across all 50
11:34 Uttam : NF gone
11:34 Shai : 11708 coming
11:34 Rushabh : shai if short then sl?
11:34 Uttam : 11800pe can tag 118 Shai?
11:34 Shai : 11785 F
11:35 Rushabh : thanks shai
11:35 Rushabh : shai greens here
11:35 Boppanna : knock knock BNF
11:36 Uttam : yes Bops please break that door 😉
11:36 Shubro : to at54 morning 1 lac partial?
11:36 Shubro : *that
11:36 Boppanna : Bugger not giving up 11:13 Boppanna : Now if 540 can move aside in BNF can be quick IMO
11:36 MJ : Yes Shubro. That 54k.
11:38 Hardik Jikkar : hdfcb holding BNF. Lets see for how long!!!
11:38 Uttam : Shai option charts showing only 11800ce in both screens
11:38 Thanika : N50 selling…
11:39 Shubro : ok here we go…
11:39 Shubro : again
11:40 Shai : 11800 pe now on screen
11:40 Shai : 82 to 113 on the 11800 pe sl of 58
11:41 Uttam : thanks Shai will change TSL to 58
11:42 Rushabh : broader mrkt crushed
11:42 Uttam : Nifty spot back at that 11720 level
11:43 Himanshu : bopp – what did u do in bnf
11:43 Himanshu : is now below 540
11:43 Shai : BNF has to give me 30400 now for making me wait
11:43 Himanshu : yes true that
11:43 Uttam : loo Shai bring it on
11:43 MJ : Daya darwaja tod do.
11:43 Boppanna : +1 Shai
11:43 MJ : cheers bopp.
11:43 Shai : 98- (11:40) Shai : 82 to 113 on the 11800 pe sl of 58
11:44 Uttam : booked all at 105
11:44 Uttam : 55 to 105
11:44 Shai : 30465
11:45 Shai : BNF tgt 1 done. Book half here and ride at cost for 30400
11:45 Sandip : made 1.5 dt more + 1 Thanika and Shai
11:45 Boppanna : 225 and out 11:22 Boppanna : Shai 225 on this possible? 10:24 Boppanna : +1 10:18 Shai : the 30600 pe needs to cross 162 for a better move up
11:45 Shai : 11715- (11:34) Shai : 11708 coming
11:45 Uttam : crazy
11:45 Shubro : 3 DT today perfect trades
11:46 Thanika : interesting to see… not much buy in N50 yet
11:46 Boppanna : Congrats guys
11:46 Shai : Trust the COT :)- (11:22) Shai : more reds in NF
11:46 MJ : +1
11:46 MJ : Shai.
11:46 Boppanna : +100 Shai
11:46 Thanika : finally.. someone shwoing up
11:46 Uttam : yes Sir +100
11:46 Thanika : carefull could reverese now
11:46 Himanshu : exited shai at 484
11:47 Shai : Book the BNF fullt 30510
11:47 Himanshu : all in BNF so far will enter on faliure at 575
11:47 MJ : Shai spot VAL tagged for the comp we checking, Couldn’t go beyond it and had 1L reds. Topped with COT.
11:47 Shai : Everyone around was going long from the open, COT told us to keep looking for shorts and keep booking existing longs
11:48 Shai : KISS
11:48 Himanshu : yes
11:48 Shubro : masterclass today Shai
11:48 Shai : 105 done – (11:40) Shai : 82 to 113 on the 11800 pe sl of 58
11:48 Rushabh : shai if short in nf hold?
11:49 Shai : respect the COT which is the biggest sentiment indicator and the account will be happy
11:49 Himanshu : was short 30500- 300 PE on that 815 100 K exited – thugh BNF spot showed promise till 30699 was watchin that but BNF F did not show up as you said
11:50 Himanshu : 815 seller had 715 kissed – 1pp points nit – can we figure he covered
11:51 MJ : Himanshu 57975+42450 greens Can you see? I suspect that is the 1L guy.
11:52 Boppanna : Perfect Read Shai kudos11:47 Shai : Everyone around was going long from the open, COT told us to keep looking for shorts and keep booking existing longs
11:53 Himanshu : MJ- 57975 at IBL 745 and later 42450 at 720 #
11:53 Himanshu : could be
11:55 Thanika : Big Sell bar in Cash again..
11:56 Himanshu : Thaika – why are you selling so much ?
11:57 Thanika : 🙂 .. looks like there is a fight now.. will wait
11:57 Himanshu : better cause they have enouh cash to buy low now
11:58 Himanshu : more they sell in cash at higher they have more liquidity to buy calls for tyom expiry
11:59 Rushabh : BN seller also covered at bottom?
11:59 AN : excellent reading Thanika about a possible reversal (11:46) Thanika : carefull could reverese now.
11:59 Rushabh : that 15k
11:59 Yogesh : yes
11:59 MJ : A period seller.
11:59 MJ : 1L and 16k came together.
12:00 Rushabh : them giving good moves
12:01 Rushabh : Shai the COT has spoiled the party for mean reversion?
12:01 Himanshu : NF profile is bigger than BNF profile so far
12:04 Himanshu : Some astro gyan
12:04 Himanshu : after 5 decades major planets are at 24’@ conflunce
12:05 Shubro : so thats balance right Himashu?
12:05 Shubro : sorry Himanshu
12:05 Himanshu : which is why moevemnt in prices of all commodities, instruments can move – with higher volatility
12:06 Himanshu : let say instead of 45 degree moves – at low vix – which is common
12:06 Himanshu : we might see more volatility even with low vix
12:07 Himanshu : so intraday moves with low vix caan be 500+ points in BNF and same way in Nf
12:07 Himanshu : or else if u check at such low vix in 2017 – we had trending amrket
12:08 Sujeet : 30400 still on
12:10 Narendra : kotak is holding …… if that participates on downside then 30400 is possible
12:11 Himanshu : Jet airways is spoiler for banks
12:11 Himanshu : as all these pcj, jet, zee, ibull – dhfl
12:12 Himanshu : are denting now all banks – and even AMC
12:13 Himanshu : all the queris on tab 2 have dried up – is indiatir itself
12:14 Rushabh : shai’s 20th date is tomorrow
12:16 Himanshu : what is indicated on 20th
12:16 Himanshu : will you please throe light Rushabh
12:16 Himanshu : was not aware
12:17 Himanshu : (12:14) Rushabh : shai’s 20th date is tomorrow
12:17 Rushabh : not sure abt the date but shai did say no big moves till then
12:18 Himanshu : Ohk
12:18 Anubhav null : bot giving sells
12:19 Anubhav null : yvwap holding
12:20 Anubhav null : below it ylow can come
12:20 Thanika : good sellers again in N50…
12:22 Narendra : Shai Sir more downside only if we go below 11690?
12:23 Thanika : @Uttam: 11800 CE is not making new lows , is this due to VIX?
12:25 Anubhav null : fresh shorts below 11710 only i think
12:26 Anubhav null : gone
12:26 Rushabh : greens
12:26 Yogesh : 75green
12:26 Sandip : one more dt added thanks to heatseeker
12:26 Shubro : yaay Sandip
12:26 Shubro : good day
12:27 Himanshu : chief can we golong in NF hee with 650 SL for positional
12:27 Rushabh : both in bnf and nf together
12:27 Shubro : is this turning into a trend day Shai?
12:27 Shubro : for NF especially
12:28 Shubro : Jit baba u there?
12:28 Boppanna : 18k red at DL
12:28 Boppanna : BNF
12:28 Shubro : auction looks complete in NF now SHai?
12:29 Sumesh null : reversal?
12:29 Yogesh : Uttam…..looking like reversal?
12:29 Shai : BNF not yet
12:29 Shai : NF another 76k booked
12:29 Shubro : oooo ok
12:29 Shai : BNF has to do 30400 still
12:30 Yogesh : : NF another 76k booked…….short bookd?
12:30 Rushabh : shai is the mean reversion for NF still on?
12:30 Shai : was expecting 11837 for the mean reversion or 11810 spot – that big guy stopped it @Rushabh
12:31 Rushabh : Oh, so move is done for now?
12:31 Shai : they shoukd come at the lows again to buy
12:31 Shai : let’s see
12:31 Rushabh : alright thanks shai
12:32 Anubhav null : nf heading towards ibl again?
12:35 Shubro : Shai that morning big guy covered withat 76k/
12:36 Jitender : DL=420 of bnf yday 🙂
12:36 Shubro : Jitttteeee
12:36 Shubro : u back or were watching?
12:36 Jitender : tradn 🙂
12:36 Shubro : naise
12:37 Shubro : Jit whats the ref level to watch for upside?
12:37 Jitender : 485-540
12:37 Shubro : yeaand NF?
12:37 Jitender : 740
12:38 Shubro : coolios thanks
12:38 Shubro : we are back at at that 740 again …
12:39 Jitender : ibulls n yes bank caused tis slide…kotak defendn
12:41 Jitender : Shai…Wed setup intact ?
12:41 Himanshu : (12:36) Jitender : DL=420 of bnf yday 🙂
12:43 Himanshu : Jit you mean here
12:43 Himanshu : till 420 is intact we r ok..
12:45 Jitender : below it 420-354-240-hallelujah
12:45 Boppanna : 🙂
12:45 Uttam : (11:34) Uttam : 11800pe can tag 118 Shai?…high so far in this PE 118.7
12:45 Anubhav null : nice
12:50 Himanshu : NF Spot Gap filled – of morning
12:52 Jitender : +1
12:53 Himanshu : BNF spot Gap can be filled with 393-400
12:53 Himanshu : in spot – can scratch I guess that
12:54 AN : jit, 500/420 ref for long /short?
12:54 Jitender : (12:37) Shubro : Jit whats the ref level to watch for upside?(12:37) Jitender : 485-540
12:55 Jitender : 420-470 no tradezone fr me
12:55 AN : thx
13:00 Thanika : looks like in Cash mkt, Retail getting trapped, with every green spike, lot of sellers slowly for 5 bars…. now the green spike is strong
13:00 Sandip : NF stuck between 11700-11800
13:01 Thanika : me too belive so for expiry.. (13:00) Sandip : NF stuck between 11700-11800
13:06 Jitender : scalped 30.4ce 195-171…at 540+bnf
13:06 Boppanna : +1 12:37 Jitender : 485-54012:37 Jitender : 740
13:06 Sandip : +1 Jit
13:06 Thanika : +1 Jit
13:07 AN : +1
13:11 Jitender : +1 guys
13:12 Anubhav : nf still to tag vwap ..bnf already done
13:13 Shai : Intra – short BNF 30510- 515 sl of 30622 tgt 30375.
13:14 Shai : NF for lows again also sl abv 11752
13:25 Sandip : @ Shai is this double distribution? with chances of triple distribution ?
13:26 Sandip : in NF?
13:28 Boppanna : Someone push that 30400pe above 112
13:29 Shubro : shoulder against it BOPS
13:29 Shai : BNF at 30468 now. Book half here and ride at cost some
13:29 Boppanna : +1
13:30 Shai : NF is the easier sell today
13:30 Shai : don’t undertand why BNF is not dropping as well 🙂
13:31 Shai : No still range bound in the 3 day composite – (13:25) Sandip : @ Shai is this double distribution? with chances of triple distribution ?
13:31 Sandip : Thanks Shai
13:31 Hardik Jikkar : bnf not dropping because of Kotak and HDFC. Both being stubborn
13:31 Anubhav : poc holding still in nf wants to go up
13:32 Shai : okay Hardik .Nice
13:34 Shai : Update – exit the balance qty in BNF
13:34 Boppanna : Thx Shubro but but a bigger shoulder pushed it back 13:29 Shubro : shoulder against it BOPS
13:34 Narendra : (12:10) Narendra : kotak is holding …… if that participates on downside then 30400 is possible
13:34 Shubro : that was a boulder Bops
13:35 Shai : + Narendra
13:36 Shai : Good to see the inputs from so many of you. Love the insights.
13:36 Shai : keep saying in the market, one person does not have all the answers, but if we help each other , skies are the limit for all of us.
13:36 Shai : Keep engaging
13:36 MJ : +100 shai
13:37 Uttam : true that Shai 🙂 more the merrier
13:37 Azmath : +1 Shai
13:37 Shubro : today Thanika rocked
13:37 Narendra : +1
13:37 Shai : +1
13:37 Shubro : Thanika please keep giving those inputs
13:37 Uttam : +1
13:37 Rushabh : shai can BNF surprise on the upside?
13:38 Shai : sellers in control below vwap with this red cot
13:38 Shai : they will keep selling at vwap
13:38 Thanika : will do, sure. I am still holding Shai’s sell… i still see lot of reds in Cash on every rise
13:38 Rushabh : alright
13:38 Shubro : wow okay good to know
13:38 Shai : looking at 11717 F as potentail candidiate for settlement tom
13:39 Rushabh : shai the date you mentioned is it 20th?
13:39 Shai : yes
13:39 Sujeet : Lokking fr 11660F tmrw
13:39 Rushabh : after tomorrow big moves?
13:41 Shai : You do for all N50 Thanika?
13:41 Sandip : same here..Shais sell is good at the moment
13:41 Shai : Futures also?
13:42 Thanika : I do for all N50, and attached tat to NF
13:42 Thanika : i can do that for Futures also, if needed
13:43 Shai : nice
13:43 Shai : you check change every 5 mins?
13:43 Thanika : i will add another script for N50F in this week and see if that gives some insigh as well
13:43 Uttam : he posted a 1min chart
13:44 Thanika : yes, i can do that every one minute as well.. for any timeframe.. I am using DataBull for this data, so 1 min is the least
13:44 HPandey : where uttam ?(13:43) Uttam : he posted a 1min chart
13:44 Uttam : on slack
13:44 Thanika : #ramdom channel
13:44 HPandey : okk
13:46 Shai : nice
13:48 Uttam : BNF moves now
13:49 Sandip : cant see charts of nf
13:49 Thanika : i am out now .. DT done
13:49 Sandip : +1
13:49 Shai : shoudk be back up
13:49 Sandip : yes back
13:50 Uttam : yes
13:51 Himanshu : chief – 30410 done – is ok now
13:51 Chetan Panchal : isnt Nifty P – short covering in opening and now b – accumulating at VAL of lst 2 days
13:51 Himanshu : can we see respite here ..
13:54 Thanika : Greens seems to be making up their mond now.. al least showing some interest consistently 🙂
13:54 Thanika : for the last 8 mins in Cash
13:55 Anubhav : poc acting as magnet again in nf
13:57 Chetan Panchal : M 11700 PE is rising
13:58 Thanika : bears are too strong ..
13:58 Sandip : nice
13:59 Govind : Boom
13:59 Rushabh : green
13:59 Yogesh : 74K SL
13:59 Yogesh : 00000 in between
14:00 Yogesh : SL / profit booking in short
14:00 Anubhav : shorts booking
14:00 Rajiv : someone protecting 30420?
14:01 Sandip : day over for me 3.5 DT in…2.5 dt today is thanks to the room and people in it 🙂
14:01 Govind : Congrats Sandip
14:01 Thanika : +1 Sandip!
14:01 Shubro : congo bro
14:01 Boppanna : Congrats Sanip
14:02 Sandip : thank you guys
14:02 Boppanna : &Sandip
14:02 Jitender : congo Sandip
14:03 Sandip : Thanks Jit
14:03 Himanshu : congrates
14:03 Himanshu : Sandip bhai,,
14:03 Sandip : Thanika the data that you get is tick data ?
14:03 Anubhav : some greens popping up
14:04 Uttam : congrats Sandip so now you cna start leg pulling 😉
14:04 Boppanna : Jit hallelejuh ?12:45 Jitender : below it 420-354-240-hallelujah
14:04 Jitender : 🙂
14:04 Sandip : 😉 Thx
14:04 Boppanna : Need to just dip below 380 now for that
14:05 Govind : More boom
14:05 Govind : Let’s see if yesterday’s low holds today in NF
14:05 Jitender : 354 (12:45) Jitender : below it 420-354-240-hallelujah
14:05 Thanika : big reds bar in N50 Cash
14:06 Govind : Uttam, NF cot is +ve in the last 3 5min bars, but NF going down….these are longs exiting?
14:06 Rushabh : great jit
14:06 Uttam : shorts booking in this move down Govind
14:06 Govind : oh ok.
14:06 Rushabh : shais buyers are here i think
14:07 Sujeet : 670 DONE ..
14:07 Sujeet : m done
14:07 AN : _/\_ Jit and Thanika.
14:08 Uttam : BNF is giving another weekly FA this week
14:08 Uttam : 30663
14:08 Jitender : wc
14:09 Govind : VIX above 15 now
14:09 Sandip : bought small ce at 72..11600..lesse what happens
14:09 Thanika : It says tick, but i can see only one minute data in DB.. so not sure.. it updates every second. .. (14:03) Sandip : Thanika the data that you get is tick data ?
14:09 Hardik Jikkar : Bearish Engulfing on its way
14:10 Sandip : Thanks bro
14:10 Senthilraman null : hai
14:13 AN : still more than 1 hr, stbr ?
14:15 Himanshu : think event of FOMC and etc- at very panic BTFD is better ..#
14:15 Himanshu : cause sharp recovery is possible –
14:15 Himanshu : if we remain in 23rd May profile ..
14:17 Sandip : out
14:17 Sandip : Out at 82 last scalp done(14:09) Sandip : bought small ce at 72..11600..lesse what happens
14:17 Narendra : 11600CE weekly ….. 71-81 ….. booked fully …. done for the day now
14:18 Sandip : Narendre mere bhaiii
14:18 Sandip : +1
14:18 Narendra : was holding it with a stop at 57
14:19 Sandip : mine was at 65
14:19 Narendra : but it was a good quick trade …… felt like fastest finger first in KBC
14:21 Thanika : good timing! 🙂
14:21 Govind : Premiums going up Sandip?
14:21 Narendra : Shai Sir if we break 11657 with volumes can we expect 11610 today itself?
14:22 Sandip : for NF ? premium reducing
14:23 Govind : ok
14:25 Anubhav : nf wants to go up to poc?
14:25 Anubhav : cot is turning
14:26 MJ : Shai expecting dpoc drop by close?
14:26 Anubhav : -360 to -160
14:27 Sujeet : sme greens
14:30 Shubro : BNF gonna dump again
14:30 Shubro : ?
14:32 Anubhav : damn
14:32 Shubro : hallelujah
14:33 Shubro : Jitte +100
14:34 Anubhav : 30200 bihi le aao ab to voi reh gaya
14:34 Shubro : yezzz
14:34 Shubro : ye lo
14:34 Shubro : DLOW ye low
14:34 Anubhav : lol
14:34 Anubhav : tht was quick
14:35 Shubro : BNF to do same cmon
14:35 Yogesh : 79k
14:35 Sujeet : finally 11660 done ..wow
14:36 Shubro : that was s hort booking out 79k?
14:36 Yogesh : looking like that only\
14:36 Yogesh : bocoz there is 0000000
14:36 Shubro : SL’s then more to come
14:36 Yogesh : any insight on that UTTAM?
14:38 Shubro : BNF trying for ylow?
14:38 Shubro : aur ek bar….
14:38 Sandip : nope
14:38 Yogesh : Yyday low 30200
14:38 Sandip : That isnt booking ka order
14:39 Shubro : SL
14:39 Sandip : 70% new buyer 30% SC
14:39 Anubhav : fed rate nahi kaatne wala lagta hai fii exited today only
14:40 Anubhav : but snp futures are syill flat
14:41 Shubro : 3 dT
14:41 Shubro : out
14:42 Anubhav : strange moves
14:42 Yogesh : DT…?
14:42 Govind : Congrats Shubro
14:42 Shubro : daily trade
14:42 Shubro : target rather
14:42 Shubro : how much u wanna make per day…
14:43 Shubro : Thanks Gov. recovered yest phew
14:43 Shubro : BNf ka pet nahin bhara
14:43 Yogesh : (14:41) Shubro : 3 dT…meaning of DT?
14:43 Govind : 14:43 Shubro : Thanks Gov. recovered yest phew….Me Too!
14:43 Shubro : daily target Yogesh. Jit introduced the concept .
14:44 Hardik Jikkar : Done – (14:09) Hardik Jikkar: Bearish Engulfing on its way
14:44 Shubro : how much money you want to make every day in market…based on that build position size and risk manage accordingly
14:44 Yogesh : thanks
14:44 Shubro : welcome
14:44 Yogesh : 😉
14:45 Govind : We are about to leave the May 23rd mega profile
14:45 Jitender : 243…..balle balle (14:05) Jitender : 354 (12:45) Jitender : below it 420-354-240-hallelujah
14:45 Govind : in NF
14:45 Shubro : i didnt wait for 240
14:45 Govind : Congrats Jit
14:45 Shubro : pet bhar gaya tha
14:46 Jitender : tx
14:46 Rushabh : amazing jit
14:46 AN : Awesome jit _/\_
14:46 Shubro : + 1 Jit
14:46 Shai : BNf slipping to 30140
14:46 Shai : NF short for 11610 sl of 11663
14:46 Rushabh : shai if short in NF hold?
14:46 Narendra : seems a lot of margin calls getting triggered
14:46 Jitender : all out
14:47 Shubro : +100 Jit wonderful guidance
14:47 Shubro : many thanks
14:47 Jitender : amazing day,,least qty n max results
14:47 Boppanna : Congrats Jit
14:48 Narendra : @ Shai Sir
14:48 Narendra : (14:21) Narendra : Shai Sir if we break 11657 with volumes can we expect 11610 today itself?
14:48 Shai : yes
14:48 Jitender : tx guys
14:48 Shai : BNF shorts are not closing
14:48 Shai : has momentum for 30140
14:49 Sandip : profit bking in longs now
14:49 Sandeep : NF Day COT has moved from -4 lakh to just -60k, does it indicate a positive day tom ?
14:49 Uttam : (14:08) Uttam : BNF is giving another weekly FA this week(14:08) Uttam : 30663
14:49 Shai : not enough @Sandeep
14:49 Sujeet : no..dnt thnk so
14:50 Sujeet : need more buyers
14:50 Jitender : 2mrw..none of u shld loose money…2day has left clr lvls
14:51 Sandip : Jitender aapne toh ab pressure bana diya performance ka 😉
14:51 Shubro : Jit what should be thinking for tomorrow?
14:51 Himanshu : jit – was good day – though still long way to go for shorting skill
14:51 Jitender : Sandip 🙂
14:52 Shubro : WE have a selling tail? so test of up towards ..?
14:52 Jitender : Shubro all lvls gvn..see OF n punch
14:52 Thanika : greens back in Cash
14:52 Shubro : okies
14:52 Sumesh null : should we buy nf now
14:52 Jitender : Shubro..2mrw first 30mins shld gv a clue
14:52 Jitender : plr dwn
14:52 Himanshu : ok Lic has been called from FM office
14:53 Shubro : ok
14:53 Sandip : nf shud test 11660 now before eod
14:53 Govind : All out, 3.5 DT done. Just 2 trades, including Shai’s overnight
14:53 Jitender : congo Govind
14:53 Jitender : 30.2pe 111-89 scalped
14:53 Himanshu : Govind bolo Hari Gopal bolo
14:54 Jitender : m also done now
14:54 Sandip : +1 guys
14:54 Himanshu : BTW Hari is not seen
14:54 Govind : Thanks Jit, after y’day’s bloodbath, some of us needed a dy like today
14:54 Sumesh null : no overnight trade for today
14:54 Shai : no
14:54 Shai : congrats guys
14:54 Shai : we respond at open tom
14:54 Govind : +1 Shai
14:54 Uttam : yes will be an intersting weekly expiry looks like 🙂
14:55 Shai : day is trend down with 11730 a sres tom
14:55 Govind : Fed might cut rates and Trump might kick Powell out 🙂
14:55 Jitender : Fed will not cut
14:55 Jitender : but will b dovish
14:55 Narendra : +1
14:56 Sandip : nice….im out..11600ce 48-58
14:56 Anubhav : nicebounce
14:56 Shai : Tis is the fed move now
14:56 Uttam : NF COT turns in plu
14:56 Govind : So, this is sell the rumour, instead of buy the rumour?
14:57 Uttam : BNF also finally seeing some covering?
14:57 Jitender : bhagwan aise din roz dede 🙂
14:57 Sandip : Last dt for the day :)(14:53) Sandip : nf shud test 11660 now before eod
14:57 Shubro : haha Sandip too good
14:57 Govind : Haha, then it would be too easy Jit
14:58 Vijai null : 30300pe 90-140 done.
14:58 Jitender : nahi bhai…imagine if we were long 🙂
14:58 Govind : +1 Vijai
14:58 Sandip : Thx Shubro
14:58 Sandip : Room is much happier than it was yesterday
14:59 Shubro : truly
14:59 Govind : Yeah, very true. OF (that 1 lac guy) helped us out…14:58 Jitender : nahi bhai…imagine if we were long 🙂
14:59 Shubro : today everyone pulled together fantastic
14:59 Govind : Shubro, I missed most of the day bro…
14:59 Uttam : @Sandip yesterday was like that Ravi Shastri’s dialogue of something coming in the mouth 😉
15:00 Govind : Butno regrets…made almost my weekly target
15:00 Shubro : gov u in greent and then some more
15:00 Govind : Yeah
15:00 Shubro : tomorrow is another fun day
15:00 Shubro : if we make money lol
15:00 Sandip : 🙂
15:00 Shubro : NF going for 740
15:00 Shubro : ?
15:00 Narendra : 30300CE ….. 88-105 …..quick trade
15:01 Govind : Naren, killing it brother!!
15:01 Shai : COT turns in NF to +
15:01 Jitender : u guys r champs man…good scalps
15:01 Uttam : yep almost 2L positive COT in this 30min bar
15:01 Narendra : needed to recover after a bad day yesterday
15:01 Jitender : event Uttam..shrts wud cvr
15:01 Uttam : +1 Jit
15:02 Uttam : huge vol in that 30300ce
15:03 Jitender : timing 🙂 (14:46) Jitender : all out
15:03 Jitender : hallelujah 2mrw if BoP permits
15:04 Shai : +1
15:04 Sandip : @Shai what kind of profile is this?
15:04 Thanika : now move down
15:04 Shai : trend day
15:04 Thanika : reds are back again in Cash
15:04 Sandip : thanks
15:06 Thanika : fight…
15:06 Rushabh : shai we broke 11656 but rejected so bulish?
15:07 Thanika : Buuls taken that .. 🙂
15:07 Narendra : Correct me if I am wrong guys but the bounce was expected …… Historical Data says the markets always go flat to positive biased ahead of FOMC outcome
15:07 Anubhav : bolo fed baba ki jai
15:07 Shai : 315K cot for this pullback
15:08 Sujeet : fresh buyers i think
15:08 Shai : bull is defending
15:08 Anubhav : lol
15:08 Shai : rising more
15:08 Uttam : last 1 hour more than 4L COT
15:08 Yogesh : so should we jump in
15:08 Sujeet : might be prprng for big expiry monthly
15:09 Rushabh : so mean reversion is still on?
15:09 Yogesh : (15:08) Shai : rising more………time of BTST?
15:09 Govind : Small scalp in the pullback, 11700CE from 27 to 36…4DT done
15:09 Rushabh : shai morning smarties bought this?
15:10 Shai : covere dabd bought
15:10 Rushabh : shai can play for mean reversion again?
15:10 Anubhav : poc tagged again
15:10 Shai : No
15:11 Anubhav : uff se satta bazaar!
15:11 Shai : needs to take out 11720- 11736F now
15:11 Anubhav : lol
15:11 Shai : congestion there
15:11 Rushabh : okay
15:11 Shai : will be bullsih only abv that
15:11 Rushabh : alright thanks shai
15:11 Narendra : just look at 11600CE weekly ….. doubled in a matter of 15 minutes
15:11 Shai : leave it for tom guys
15:11 Shai : take a fresh view
15:12 Narendra : true
15:12 Anubhav : yes sir 1 all match draw
15:12 HPandey : shai 11656 still remains the reference ?
15:12 Uttam : COT for day 3L in plus now
15:12 Shai : yes
15:12 Narendra : this seems more like index management than anything else
15:12 Shai : still in ythe compo
15:13 Shai : look below went to 11630 and stopped
15:13 Sujeet : super postve COT
15:13 Shai : could have done vwap and come back
15:13 HPandey : shai its IPM from 11630?
15:13 Uttam : 11640 was 20th low of that gap up post exit poll
15:14 MJ : Azmath wasn’t that last hour fun? 🙂
15:14 Anubhav : vwap tagged in nf
15:14 Azmath : yes Sir
15:14 Azmath : awesome.. CoT
15:14 MJ : COT is bloody good.
15:14 Anubhav : dhoka de diya fiis ne fir se
15:14 Shai : No Himanshu look beow compo and failed
15:15 Shai : technically should test 11798 F again but we wait on it tom
15:15 Shai : if we are abv this only- (15:11) Shai : needs to take out 11720- 11736F now
15:16 Shai : leave it for tom
15:16 Shai : it has been a plus day – we will take it up tom
15:16 Narendra : +1
15:16 Uttam : 11742 to 11769 will be a fast move if can do it today
15:16 Shubro : good enuff fun and fund for today
15:17 HPandey : yes shai.. thanks
15:17 Shubro : bread butter and chicken
15:17 Anubhav : lol shubro
15:17 Sumit : NF COT huge change
15:18 MJ : Azmath now going for vwap before close? 🙂
15:18 Shubro : wut the F is happening…some news?
15:18 Govind : Did Shubro say NF going for 11740?
15:18 Anubhav : bought 11700 put
15:18 Govind : almost there Shubro
15:18 Anubhav : expecting sum dip tomoro
15:18 MJ : when every lower low got 75K and COT kept changing. last 1 hour game.
15:19 Shubro : that guy called Jit told me to watch these things…
15:19 Shubro : i just watch
15:19 Azmath : Yep
15:19 Govind : haha…he is awesome
15:19 Thanika : +1 🙂
15:20 Yogesh : (15:18) Anubhav : bought 11700 put…….on what basis u bought?
15:20 Shubro : that last move gave me savings + beer money today
15:20 Anubhav : euphoria
15:20 Yogesh : 🙁
15:20 Yogesh : 😉
15:20 Shubro : Yogi u ok?
15:20 Yogesh : yes
15:20 Shubro : so happy
15:20 Yogesh : Came toady
15:20 Yogesh : just joking
15:21 Uttam : (15:02) Uttam : huge vol in that 30300ce…does 136 high from 100 levels
15:21 Yogesh : yes
15:21 MJ : Bunch of happy people in room. Lovely vibe.
15:22 MJ : Shai: Thank you.
15:22 Shai : 🙂 _/\_ – Ill pass on the regards 🙂 – (15:14) MJ : COT is bloody good.
15:22 Shai : : 🙂 _/\_ (15:14) Azmath : awesome.. CoT
15:22 MJ : Shai me an AZ monitored 1 hr COT change. and traded that 11600 ce.
15:22 MJ : boom boom 🙂
15:22 Shai : cheers
15:23 Anubhav : great
15:23 Yogesh : 4.96 COT
15:23 Anubhav : i did small scalp in 11700 call
15:24 MJ : From -360 to 418 that is like massive @Shai.
15:24 Yogesh : It means if tommorow we r above 11736, than 11800 may come?
15:24 Anubhav : dint expect move above 11710 so quick
15:24 Anubhav : anyways markets r meant for surprising n fooling
15:25 Thanika : all 11700 CE writters kicked out, more than 17 lakhs out
15:25 AN : gap up again tomm?
15:25 Anubhav : already 100 points in nf from lows not sure if we get a gap up
15:26 Uttam : (15:21) Uttam : (15:02) Uttam : huge vol in that 30300ce…does 136 high from 100 levels….rising into the close 145 now
15:26 Chetan Panchal : 31000 CE monthly big writing
15:28 Vijai null : 30300ce 95-140 done. 3dt done
15:29 MJ : Thanks Shai 🙂 (15:22) Shai : 🙂 _/\_ – Ill pass on the regards 🙂 – (15:14) MJ : COT is bloody good.
15:29 Vijai null : thanks uttam for your input
15:29 Uttam : super Vijai 🙂
15:29 Govind : Bye all!!
15:29 Anubhav : thank vt bye
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 AN : thanks all.
15:30 Thanika : bye, all. enjoy!
15:31 Shai : bye all
15:31 Shai : catch up tom
15:36 Himanshu : bye all