Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.
Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
NF
BNF
Room Chat
08:44 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/274404573
08:45 Vtrender Live : 5 min charts – https://join.me/187-118-070
08:46 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647754599?pwd=eEVpa0Z2S1lTQ1RuRTVTUGt0bk84UT09
08:53 Himanshu : GM all
08:53 Aditya09 : gm all
08:54 Aditya09 : m getting this orange lines on mp nd candles are also diffently coloured i tried login in and out several tymes
08:55 Sanjib : Yes, totally orange today
08:56 Avinash : GM Everyone
08:56 Gopi : gm all
08:56 Amit Jain : GM all
08:58 Ankush Jain : Enjoy new colors
08:58 Ankush Jain : Yeah it is orange
09:00 Rajan : Good morning all
09:04 Ankush Jain : 11400 pe ke dukaan subah subah aaj?
09:06 Uttam : Good Morning All 🙂
09:06 Uttam : not just 11400pe but even the 11300pe guys could come under fire
09:06 Uttam : PE OI kept dropping into the close of that 11400pe
09:07 Himanshu : Yes – 10 L dropped in last 30 mts,
09:07 Himanshu : UG – whats your view on BNF – Island possible –
09:07 Ankush Jain : UG talked of Island reversal yesterday
09:11 Sumeet : 11400 PE had max oi addition yesterday of 15 lakh @ 40 , total oi 28 lakh !
09:11 Shai : Gm all
09:11 Ankush Jain : all will be under water at open
09:12 Uttam : OAOR nahi chahiye 😉
09:12 Ankush Jain : ODD chahiye?
09:13 Shai : A gap down puts late writers in PE at 11400 and 11300 in hot soup today
09:14 Shai : the market closed in balance and is opening in imbalance in an exogenous event
09:14 Ankush Jain : transition from water to soup
09:14 Ankush Jain : 🙂
09:14 Shai : the best way to trade this is ti be open and take sides based on volumes
09:15 Shai : 11312 to watch at the open
09:16 Shai : 11222 will continue to be major supp for the auction
09:16 Uttam : yes it was the vpoc in NF plus the 1atr target of FA
09:16 Shashidhar : Good Morning All
09:16 Ankush Jain : speedo at 440
09:16 Uttam : BNF doies 1 ATR too from 22466
09:16 Uttam : 21930 imp here
09:16 Uttam : else more downside coming
09:17 Shai : shift to 11330 – (09:15) Shai : 11312 to watch at the open
09:19 Himanshu : Covered 22500 CE – Sep 714 – 550
09:23 Shai : +1
09:23 Shai : 11285- 11333 range for open
09:25 Ankush Jain : SHAI 11330 has been breached, the level u discussed yesterday.
09:25 Ankush Jain : More downside?
09:26 Uttam : one test of that would be nice
09:26 Uttam : rejection from there would set the day up nicely
09:26 Ankush Jain : ok
09:27 Shai : careful guys allow a few points with levels today
09:27 Shai : see the premiums
09:27 Shai : option writer math here
09:28 Shai : 11400 PE naked writers handed a lesson of their lives
09:28 Rahul : Indeed shai\
09:28 Uttam : poor guys added so much yesterday
09:28 Sumeet : 40-92 !!!
09:28 Uttam : dukaan khulne se pehle hi bandh ho gayi 🙁
09:29 Rahul : Yes UG
09:29 Rajiv Ohri : are the charts up?
09:29 Uttam : sights now on the 11300pe guys
09:29 Uttam : chats stuck?
09:29 Shai : All of them wrote at 40**
09:30 Rahul : Mazza aa gya a, they getting too confident ‘
09:30 Uttam : 11292 low so far – b) The auction staying below 11409 could fall to 11385-360 / 11335-311* / 11292-273 & 11250
09:31 Uttam : 21923 in BNF – b) The auction staying below 11409 could fall to 11385-360 / 11335-311* / 11292-273 & 11250
09:31 Ankush Jain : great
09:32 Uttam : rejection from 11330 can give a 100 pointer as we have a vpoc at 11230
09:32 Rahul : UG superb
09:32 Uttam : 11300pe OI going up
09:33 Uttam : same with CE too
09:33 Uttam : 41L to 30L rightn ow
09:33 Uttam : PE to CE
09:34 Uttam : 40 & 55 levels to watch in that 11300pe
09:35 Ankush Jain : dekho kiski dukaan lagegi
09:38 Sumeet : Sellers appearing in nf
09:38 Ankush Jain : colors fixed
09:39 Ankush Jain : 11330
09:42 Uttam : 11329.8 🙂
09:43 Uttam : but we have got a IB
09:43 Uttam : so needs to break below 11311 ow
09:43 Uttam : now*
09:47 Uttam : BNF got 0s and a big seller at 22036
09:47 Uttam : 56k
09:48 Uttam : testting the 0s of 22004 now
09:48 Uttam : 21980-960 needs to break in it
09:48 Uttam : else can test 22165
09:49 Rajesh : 0 s in banknifty?resistance at 22070?ug
09:50 Rajesh : open type in both OAOR?
09:50 Uttam : yes though vols were a bit higher than average
09:50 Uttam : OAOR it is
09:50 Uttam : but weekly expiry so can get interesting later
09:54 Uttam : reds getting stuck in NF just above 11311?
09:56 Uttam : red COT not doing a good job?
09:56 Uttam : unable to break VWAP
09:56 Ankush Jain : but max COTs are red today
09:57 Uttam : squeeze time coming?
09:57 Uttam : above 11330 can do 11360
09:59 Ankush Jain : 11300 CE is still adding
09:59 Uttam : CE not adding much
09:59 Uttam : 32.9L
09:59 Uttam : PE now at 53L
09:59 Uttam : someone saving 11300 for now
10:00 Uttam : (09:33) Uttam : 41L to 30L rightn ow
10:01 Uttam : come on lets break 11310 & 21960
10:02 Ankush Jain : joinme charts are little compressed today
10:03 Ankush Jain : OAOR?
10:04 Ankush Jain : after gap down, 37 point range in NF
10:04 Uttam : (09:50) Uttam : yes though vols were a bit higher than average(09:50) Uttam : OAOR it is
10:05 Uttam : (09:27) Shai : careful guys allow a few points with levels today(09:27) Shai : see the premiums(09:27) Shai : option writer math here
10:11 Uttam : both building up for a C side higher looks like
10:11 Uttam : 57L oi now in 11300pe
10:12 Uttam : some big player in it
10:12 Shai : range was given an hour back, typical OAOR here – (09:23) Shai : 11285- 11333 range for open
10:12 Shai : Anything abv 11340 will put bulls back in
10:12 Uttam : +1
10:13 Shai : Anuthing below 11285 has 60 points written on it with sl of 11333
10:13 Himanshu : 11300 PE – OI suggest – Break down in C or spik eup
10:13 Uttam : it was the extension handle of tuesday
10:13 Himanshu : UG –
10:15 Uttam : by the looks 11300ce writers seem amateurs
10:15 Uttam : 11300pe has been written very aggressicly
10:16 Uttam : C side starts
10:17 Kaustubh : joinme charts compressed
10:20 Shai : 09.35 BNF has 0’s at top
10:20 Uttam : yes Shai – (09:47) Uttam : BNF got 0s and a big seller at 22036(09:47) Uttam : 56k
10:21 Uttam : (09:48) Uttam : 21980-960 needs to break in it
10:21 Uttam : 21980 low so far
10:22 Ankush Jain : today COTs are mostly red. Any signifigance?
10:22 Shai : wait for the IS
10:23 Ankush Jain : +1
10:29 Shai : longs caught out- (10:22) Ankush Jain: today COTs are mostly red. Any signifigance?
10:29 Shai : can connect with 11400 pe also
10:30 Ankush Jain : thanks
10:30 Uttam : 11300pe OI now above 60L
10:30 Uttam : almost double to that in CE
10:30 Shai : Go short if C breals 11306 now , sl of 11333 tgt 11274
10:30 Shai : we go below 11306
10:30 Uttam : +1
10:30 Shai : we leave this 11306- 11333 for writers to trade
10:31 Shai : OAOR rules
10:32 Himanshu : Chief +1
10:32 Ankush Jain : any trade above 11340? or avoid longs?
10:32 Sumeet : 11300 PE, 30 Lakh oi written at 18 Rs on a day like this ? Either someone knows something or has courage i dont have
10:32 Himanshu : UG – 21840 is next HVN I guess
10:32 Shai : 22050- 21900 in BNF
10:33 Uttam : C side coming
10:33 Himanshu : Ok Chief
10:33 Shashidhar : above 11333 for buy??
10:33 Shai : with of conf
10:33 Shashidhar : ok
10:34 Uttam : (10:11) Uttam : both building up for a C side higher looks like
10:34 Shai : we are below value so all counter trend to be treated with high level of suspicion
10:34 Ankush Jain : 00000s
10:34 Ankush Jain : 1.1 lk SOL?
10:34 Shashidhar : understood Shai +1
10:34 Uttam : boom boom
10:35 Uttam : 11300ce writers of today needs to be punished now
10:35 Shashidhar : boom boom with huge red cot
10:36 Shai : but no shirt as 0’s are there
10:36 Shai : short*
10:36 Shashidhar : +1
10:37 Ankush Jain : yes cheif
10:37 Shai : we track abv 11344 to see if more selling comes
10:37 Shai : or short below IBH
10:37 Ankush Jain : chief*
10:37 Shai : incomplete at 343*
10:38 Uttam : (10:15) Uttam : by the looks 11300ce writers seem amateurs(10:15) Uttam : 11300pe has been written very aggressicly
10:40 Ankush Jain : & 11300 pe hardly went ITM
10:40 Uttam : NF does 1.5 IB almost
10:40 Uttam : BNF yet to get above IBH
10:41 Ankush Jain : C side dokha?
10:43 Shai : short NF below 11329 sl of 11349 tgt 11286. shiort below
10:43 Vyom : below 0s and IBH Shai/?
10:43 Ankush Jain : that is below IBH & 0s
10:43 Shai : half complete now at 11348 with stuck buyers – (10:37) Shai : incomplete at 343*
10:45 Ankush Jain : that 24K at top?
10:45 Shai : yes we follow the rules of all setups – (10:43) Vyom : below 0s and IBH Shai/?
10:45 Shai : rest upto the market to deliver
10:46 Shai : s jit says always Disciple bhagwan che
10:46 Ankush Jain : yes
10:46 Vyom : yes
10:46 Ankush Jain : +1000
10:46 Shai : It is a business of probability where you just have to be rigid about the rules and follow them
10:47 Ankush Jain : for any trade to go right, the probability is alway 50%
10:47 Ankush Jain : Discipline can alter this
10:48 Himanshu : 21800 – 30 -22 Quick exit
10:51 Himanshu : UG – In NF join me – POC – white line is below VWAP yet
10:51 Himanshu : or not visible in chart,, ?
10:53 Shashidhar : probability should be higher to stay in profits, 50% – 50% not the best best I guess
10:56 Ankush Jain : for any trade statistically it will be always 50%
10:57 Ankush Jain : rules & discipline will always alter it
10:58 Ankush Jain : but as SHAI says, OF is a science
10:59 Ankush Jain : 🙂
10:59 Sanjiv : NF in?
11:00 Shai : in
11:01 Sanjiv : +1
11:01 Yaghesh : +1
11:02 Himanshu : Swipe coming
11:05 MJ : Shai anything will do. Don’t make this 3-1-3 on expiry day 🙂
11:06 Tejpreet : Leaving aside stats…..probability is not 50% in the room ….it has to be higher and that is where lies our edge.
11:07 Ravi : +1
11:08 Uttam : 11300pe OI now at 68.5L
11:08 Maxis : +1 Tej.
11:11 Ankush Jain : 11350 CE fresh addition is also huge
11:11 Shai : 11400 pe booms abv 80
11:11 Ankush Jain : 3.5m
11:15 Uttam : @Shai the 30min charts are not showing the POC & VWAP?
11:16 Ankush Jain : 11300 CE is also holding up
11:17 Maxis : scrolled up to see the given target, but the message is half gone, only the first line remains. have seen thios happen often. i could just refresh / re-login, but that is not how it is supposed to be. any inputs on this? or maybe it is just me !
11:17 Uttam : (10:43) Shai : short NF below 11329 sl of 11349 tgt 11286. shiort below
11:18 Yaghesh : +1 maxis
11:19 Ankit : @shai could you please add back the POC in nifty 30 mins charts ( Go to meeting)
11:19 Ankit : would be great to have them back. thanks
11:22 Shai : POC is in the pane below
11:22 Shai : have added it back also
11:22 Uttam : thanks Shai
11:22 Ankit : thank you… having those bands help
11:22 Ankit : thanks again
11:22 Vishnu : +100 for new updates shai nice for viewing
11:22 Ankush Jain : chrts stuck
11:23 Maxis : John is good
11:23 Ankush Jain : no
11:23 Ankush Jain : both stuck
11:24 Maxis : both fine for me
11:24 Ankush Jain : yes, fine now
11:24 Uttam : yes charts working fine
11:24 Maxis : what was the given tgt, 11286?
11:24 Uttam : (10:43) Shai : short NF below 11329 sl of 11349 tgt 11286. shiort below
11:28 Sandeep B : Last 30 minutes – NF is within 15 points range
11:30 Avinash : Where has all the liquidity gone
11:30 Shashidhar : Orange patches in the room Marketprofile chart
11:30 Shai : Bring Sl down to 11343 for trade. riosk is now 14 points. Safe traders can exit at coswt here 11329.
11:30 Shai : (10:43) Shai : short NF below 11329 sl of 11349 tgt 11286. shiort below
11:31 Shai : Ability to break vwap clean is crucial for next leg
11:31 Shai : Anyone exiting can reshort below 11306
11:31 Yaghesh : ok cheif
11:31 Tejpreet : what timing +1 Shai
11:33 Rahul : BNF has 000 to top
11:33 Rahul : those 67 k is SL ?
11:34 Himanshu : yes
11:34 Himanshu : Mostly of 9.47 High of 22056 or some thing
11:34 Himanshu : UG – Mentioned that
11:36 Himanshu : Aug mth is SLs to SLs – unless we have OF chart – letting us know Os,, Trading with TA chart is doomed
11:39 Ankush Jain : room chrts?
11:49 Uttam : 11300pe OI now up to 72L
11:50 Uttam : (10:11) Uttam : 57L oi now in 11300pe(10:12) Uttam : some big player in it
11:51 Himanshu : Big players could be buyer also – UG – is it possibility
11:53 Himanshu : Today addition in call is 23 L and PE 32 L
11:53 Himanshu : PE 35L – addition
11:54 Sridhar : Chart is not updateding
11:56 Ankush Jain : yes
11:56 Ankush Jain : joinme are working
11:57 Maxis : reliance waiting to slide dn
12:01 KK : that 67 K red in BNF, is that IS ?
12:02 KK : 22065
12:07 Krantik Bordoloi : will Bnf hold 22k today? any views based on OI?
12:09 Ankush Jain : volumes are just dying down. Maybe some big move coming in afternoon
12:09 Rajesh G : when is the agr judgment
12:09 Ankush Jain : AGR verdict to be out today?
12:09 Himanshu : 12 Pm move
12:10 Fenil : I feel 22k PE may be the dukaan today
12:11 Himanshu : PCR – is .82 – 1.6M
12:22 Fenil : arey they not scared? :O
12:22 Uttam : (09:54) Uttam : reds getting stuck in NF just above 11311?(09:56) Uttam : red COT not doing a good job?(09:56) Uttam : unable to break VWAP
12:22 Maxis : the transission marker from IS to RB, not shown here, in Join?
12:22 KK : it has to go back to give again entry..upper part of profile to fill till VWAP breaks with volumes…am I reading right ?
12:22 Uttam : would love to see those 11300pe wreiters run for cover
12:22 Ankush Jain : so close to VWAP
12:23 Uttam : 73L
12:23 Ankush Jain : lol
12:23 Sumeet : IF it happens that will be a trade to remember, Uttam
12:23 Uttam : 3 hours left so lets see
12:24 Ankush Jain : NF is on to something
12:24 Ankush Jain : low volumes, narrow range
12:34 Ankush Jain : vWAP gone
12:34 Ankush Jain : UG 11300 pe kee dukaan???
12:35 Sumeet : They wont give up without a crazy fight
12:35 Shai : Anyone still short? sl iis 11336
12:35 Uttam : doom doom
12:35 Shai : 67 in 11400 pe sl
12:35 Ankush Jain : 11350 CE short
12:35 Ankush Jain : 20-8
12:36 Himanshu : savage
12:36 Shai : BNF 0’s to 0
12:36 Ankush Jain : more short below 11285?
12:36 Ankush Jain : & chrts are stuck
12:37 RiteshM : in 11300 at 21.5 oyt 29
12:38 Shashidhar : values not visible
12:38 Uttam : OI down from 75l to 68l in that 11300pe OI
12:39 Uttam : 58L
12:40 Uttam : 18 to 24 part booked in that PE
12:40 Uttam : next booking at 33
12:40 Kaustubh : 15-29 in 11300 PE
12:41 Ankush Jain : 11300 ce> 11300 pe
12:41 Uttam : done holding last part with SL at cost
12:41 Uttam : can do 42 & 55
12:42 Uttam : 75L to 58L in a jiffy
12:42 Kaustubh : +1
12:42 Uttam : kya bhagaya hai – (12:22) Uttam : would love to see those 11300pe wreiters run for cover
12:42 Shai : if anyone in this book- (11:30) Shai : (10:43) Shai : short NF below 11329 sl of 11349 tgt 11286. shiort below
12:42 Ankush Jain : yes Uttam
12:42 Shai : +1 Uttam
12:42 Shai : O’s in
12:42 Uttam : _/\_ thanks Shai
12:42 Shai : we wait again
12:42 Ankush Jain : still 11350 CE short
12:42 K2dt : 73-114 11400pe…job done
12:42 K2dt : congo UG
12:43 Uttam : all out for now
12:43 Fenil : 11300 PE 14 – 30 — all out
12:43 K2dt : chief that 3.42 lac buyer?
12:43 Sumeet : 11400 PE still has 10 lakh OI
12:43 Fenil : Thanks shai and UG for timely update
12:43 Sumeet : 11300 down to 53 lakh
12:44 Uttam : 11230 not come yet?
12:44 Ankush Jain : ab 11250 pe kee dukaan?
12:44 Uttam : abhi 11300pe mein bahut juice baaki hai
12:45 Sumeet : 🙂
12:45 Ankush Jain : ha ha
12:45 Shai : yes about 20L need to be sqqquezed from 11200 pe
12:46 Swapnil : 11200 or 11300?
12:46 Shai : 11300 pe
12:47 Swapnil : thanks
12:47 MJ : 182k buyer bnf and 3L buyer nf? 0’s below
12:48 Shai : 11300 pe buy at 21 sl of 14 tgt 36.
12:49 Shai : 11312 supply now
12:49 Vishnu : any fa confirmed in bnf ug?
12:49 Shai : higher supply at 11333 for rest of day
12:50 Tejpreet : Looks like bot has made a note of the homework given by Shai –Squeeze the 11200 pe writers 🙂
12:50 Shashidhar : haha
12:51 Munish : charts frozen
12:51 Munish : working now
12:53 K2dt : this is the new game now…. maamooli vols in majority of the candles…..30-40k and then boom or doom in just 1 candle…9.83 lac there in just 1 candle……can’t work without OF in these kind of mkt…thnx chief,UG and Jit
12:54 Rahul : 1+ K2
12:55 Sanjib : charts frozen
12:55 Sanjib : in joinme as well
12:57 Shai : exit the PE at 18- 19 here
12:57 Santosh : Price action may suggest to buy or sell based on candle. but we are doing it based on volume inside candle. thanks for introducing me to new skill of “OF”. thanks Shai.
12:57 Shai : we buy it lowe ragain
12:58 Tejpreet : Shai is this webinato issue , the frequent disconnect happening …i think interface is also slower since they changed over.
12:58 Ankush Jain : chief charts have started giving trouble more frequently
13:00 Shai : Yes am aware . They ahve asked for some time to resolve the issue , but we are planning to ship out soon
13:00 Shai : don’t want to have these issues again and again in the middle of the day
13:00 K2dt : chief is zoom a better option?
13:01 Shai : we have zoom already
13:01 Govind : Uttam, another FA at the highs in BNF?
13:01 K2dt : for chats nd other room charts
13:01 Tejpreet : i think chart clarity is best in webinato
13:01 Maxis : try alternating from dedicated app to web, my 2 cents
13:02 Shai : on it
13:02 K2dt : web is anyway going to get stopped coz of no flash support from december Maxis…so better to find an alternative now
13:02 Shai : we will have something soon
13:02 K2dt : +100
13:02 Shai : let’s come back to the markets
13:02 Ankush Jain : yes
13:02 Shai : o’s have killled the second leg of the move
13:02 Himanshu : Chief – BNF – your view pls
13:02 Yaghesh : +1 chief
13:02 Shai : need to see lower volumes below 11285 to buy puts again
13:03 K2dt : that is a buyer at 281 chief(dpoc) or SL?
13:03 Ankush Jain : 11300 pe starting to rise again
13:03 Shai : BNf no change in view- 22050 and above has singles and hence suuply
13:04 Maxis : i don’t meant to switch permanantly Kushal, just to catch the probable culprit.
13:04 Rajesh G : nf 285 to 305 on those zeroes
13:05 K2dt : UG bnf another FA at highs?
13:07 Himanshu : BNF on – Daily chart – Island reversal
13:07 Uttam : yes FA in BNF at 22090
13:07 K2dt : +1
13:07 Uttam : NF rejecting from below 11311
13:07 Uttam : level it was holding in the monting
13:08 Uttam : morning
13:08 Uttam : round 2 coming for that 11300pe?
13:08 Ankush Jain : UG is very keen to squeeze out the 11300 pe waalas
13:08 Yaghesh : we go in?
13:08 Yaghesh : or wait
13:09 Uttam : next round above 30
13:09 Sunder : ABOVE 30 ?
13:10 Uttam : 25 is actually a good ref but being conservative
13:10 Uttam : 11300pe
13:10 Sunder : ok
13:11 Uttam : daily profile looks like needs filling up
13:11 Uttam : G has a tail at lows for now and a long one
13:11 Ankush Jain : next round maybe after 2?
13:11 Sandeep B : UG I bought BNF at 70. Sold half at 150. What should be the target for remaining half?
13:11 Sandeep B : 22000 PE BNF
13:12 Uttam : thanks for clarifying 🙂
13:12 Uttam : keep TSL at cost for now
13:12 Uttam : let me chekc that option chart
13:13 Maxis : trail the rest behind a supply / demand zone, in general.
13:13 Uttam : keep SL below 90 for now
13:13 Sandeep B : Thanks
13:13 Sandeep B : SL triggered
13:14 Uttam : yep
13:14 Uttam : 84 is level to wathc in it now
13:14 Sandeep B : k
13:14 Uttam : 21980 test coming in BNF looks like
13:14 Uttam : vwap plus dpoc
13:15 Ankush Jain : 1 lk greens in NF at top
13:15 Shai : o’s at vwapo also
13:15 Uttam : +1
13:15 MJ : 0’s + BNF + NF Greens! Jai mata di!
13:15 Maxis : back where it started.
13:15 Uttam : NF above IBH
13:16 Uttam : done – (13:14) Uttam : 21980 test coming in BNF looks like
13:16 KK : can we adjust the charts
13:16 Ankush Jain : 0000000s
13:16 Uttam : normally G leaves an ext handle on an OAOR day but today has left a tail
13:16 Maxis : NF chart out of pane here
13:16 MJ : G lows and huge imbalance. Change of polarity.
13:16 Avinash : oos orgy
13:16 Uttam : shorts ki watt
13:16 MJ : Evident from OF no? UG? lagni thi.
13:17 Rahul : UG 000 at top here as well
13:17 MJ : and once your 311 crossed.
13:17 MJ : 🙂
13:17 Shai : o’s at tope
13:17 Uttam : 87k gree flag hoisting in BNF done
13:17 Shai : can test 11328
13:17 Shai : this will mess writers today both ways
13:17 Uttam : down by 50% in no time – (13:13) Uttam : keep SL below 90 for now
13:17 Maxis : WTF, cleared lower inventory?
13:18 Uttam : low of 42 in that 22000pe in 3 mins
13:18 Uttam : so important that we do not let our profits turn into loss
13:18 Maxis : it’de be fun if upper inventory is cleared too.
13:18 Uttam : woh bhi hoga
13:18 Uttam : badla
13:18 Maxis : haha
13:19 Shai : sl 11355 abv 0’s
13:19 Ankush Jain : NF short?
13:19 Maxis : really chief?
13:19 Maxis : sounds doable though.
13:20 Shai : (13:17) Shai : can test 11328
13:20 Shai : hope all safe here
13:20 Shai : this has been a quick 60 mins and 2 way
13:21 Uttam : yes Shai OI reduction on both NF & BNF which means SLs being hit
13:21 Shai : (13:02) Shai : o’s have killled the second leg of the move
13:21 Shai : o’s again at top
13:21 Uttam : we have a tail at top in NF similar to yesterday
13:21 Shai : these things will help you in max volatility also
13:21 Shai : never mess with them
13:21 Uttam : +100
13:21 Uttam : 0s are our heros
13:21 Shai : (13:15) Shai : o’s at vwapo also
13:21 Ankush Jain : 0s?
13:22 Fenil : Both Side writers on frying pan looks like
13:22 Ankush Jain : shorts below 0s at vawp more safe?
13:22 Maxis : is it FRYDAY today?
13:23 Ankush Jain : room chrts again
13:23 Ankush Jain : someone had SLO at vwap & at day’s high
13:23 Ankush Jain : Thats why 0s?
13:24 Avinash : Could be the buyer from 18th exiting
13:25 Avinash : bet 11340-50
13:26 Maxis : why we need to print & read all the bid ask values inside the candle? We can do with just the imbalances, LLT’s & O’s, … and values above a cut-off filter.
13:26 Himanshu : Chief – Am safe in in green – Means all are safe ..
13:26 Himanshu : Haha
13:26 Shai : clsoe any shorts
13:27 Shai : we can have another spike to 11372
13:27 Ankush Jain : all nill
13:27 Shai : sl is 11310
13:27 Uttam : ok Shai scratched the 11400pe
13:28 Maxis : what is the power sector doing? tatapower, torent, powergrid, NTPC?
13:29 Maxis : powergrid has lost it today.
13:29 Uttam : eyeing 11300ce above 55 for 20 pointer then Shai
13:30 Shai : Sracth and wait
13:30 Shai : we wait for K now
13:30 Shai : this is just too wild
13:30 Uttam : yes now no positions
13:30 Himanshu : 194K Red – at top – SL taken of short
13:30 Shai : Bias mobed up cos of the 0’s
13:30 Shai : this has 11372 in sight though
13:30 Shai : moved*
13:31 Himanshu : BNF is still roaming here, Chief – FA today also ..
13:34 Himanshu : UG – One more trip to down ..
13:34 Himanshu : Zero to Zero
13:38 Uttam : testted those 0s at vwap
13:39 K2dt : anything on agr today??
13:39 Uttam : 11333 has 0s now at top
13:40 Uttam : if vwap goes one trip to 11292 can come
13:40 Uttam : BNF 21860 imp level if we get a dip here
13:44 Shai : BNf day low was also o’s two days back
13:44 Ankush Jain : NF at 0s of vwap
13:44 Shai : 22360 and 21780 both big players
13:45 Ankush Jain : more 0s
13:45 Uttam : 76-90 in that 11400pe
13:46 Uttam : 90 is vwap in that of day when most writing was done
13:46 Uttam : so above it more upside possivle
13:46 Shai : short NF for 11280 sl of 11333
13:49 Maxis : dual side inventory check. Wild One
13:50 Maxis : this is perfect CJ’s Fox
13:50 Shai : 62 sl of 11400 pe into close
13:50 Shai : tgt 127/ 147
13:52 Siddharth : stuck?
13:52 Himanshu : 21940 – had 24K buy order –
13:52 Himanshu : partly done still 13K remaining for fill
13:52 Himanshu : Zerodha 20 level book shows that order
13:52 Himanshu : done like
13:53 Uttam : (13:39) Uttam : 11333 has 0s now at top(13:40) Uttam : if vwap goes one trip to 11292 can come
13:53 Uttam : 11295
13:54 Uttam : doom doom
13:55 Shai : 11285 book full- (13:46) Shai : short NF for 11280 sl of 11333
13:55 Shai : 105 done- (13:50) Shai : 62 sl of 11400 pe into close(13:50) Shai : tgt 127/ 147
13:55 Avinash : +1 Shai
13:55 Shai : take out half sl now 77
13:56 Shai : 0’s on both sides guys
13:56 Shai : And a neutral day in a devloping imbalance
13:56 Shai : trade small and quick
13:57 Shai : wither will go dead now next 90 mins and save both CE and PE or we go for enutral extreme when one side 0’s break
13:57 Shai : hope all clear and in
13:57 MJ : Shai I said 3-1-3 mat karo 🙂 and you’re totally on it 😛
13:57 Shai : our pointers are at 0’s
13:58 Santosh : yes. 11318 and 11290 are 0’s
13:58 MJ : @1105 comment.
13:59 Avinash : Trades to be executed once the 0’s are taken out or breach of LLT b/S
13:59 Shai : From Monday onwards, am tripling size on the 0 trades. Is working better than I expeced it to
14:00 Maxis : as the algo’s get more prominent than the current market share of about 3% in trading vols, these 0’s will be more frequent? Chief?
14:00 Santosh : Shai, i today’s webinar in the evening, let’s please revise 0’s strategy again.
14:00 Shai : yes thank you for reminding
14:00 Shai : we do have the webinar today
14:00 Shai : At 08.30 pm
14:01 Santosh : and DPOC we have not discussed last webinar
14:01 Shai : Announcement – login at 08.30 pm for the webinar today. We speak on the Orderflow today
14:01 Yaghesh : +1 chief
14:01 Santosh : __/\__
14:01 Vyom : great
14:02 Ankush Jain : chief a litle discussion on 0s again pls
14:02 Yaghesh : _/\_
14:02 Shai : sure
14:02 Sumeet : The zeros trade
14:02 Himanshu : UG – DOPC in BNF has not moved in thsi trip
14:02 Shai : 108
14:02 Shai : 118
14:03 Sandeep B : Target for 11300 PE?
14:04 Shai : 34/ 43
14:04 Shai : there are better moves always in the ITM
14:05 Shai : 11214 optimistic tgt here
14:05 Shai : sl would be 11333
14:06 Shai : take new positions in K and below 11266
14:09 Jitender : Expiry game time folks…pls b circumspect and Sl + r/r in place pls
14:09 Jitender : capital first
14:09 Fenil : +1 Jit
14:09 K2dt : +100 Jit
14:09 Shai : close the put of 11400 at 101 cmp
14:11 Shai : new leg now below 11266 only
14:11 Uttam : 🙂 – (13:59) Shai : From Monday onwards, am tripling size on the 0 trades. Is working better than I expeced it to
14:11 Ankush Jain : still plenty left at 11300 pe
14:13 Uttam : yes H spikes do not get so much vols as to move the dpoc – (14:02) Himanshu : UG – DOPC in BNF has not moved in thsi trip
14:13 Uttam : 21980 imp ref now in BNF
14:14 Uttam : giving 45 degree or NEuX
14:14 Krantik Bordoloi : expiry spike in Bnf?
14:14 Uttam : or both 😉
14:15 Uttam : Killer period begins
14:16 Uttam : 11273 imp ref in NF
14:16 Uttam : where we got that 1.5L stuck
14:16 Ankush Jain : we hv 1.5 lk red there
14:17 Uttam : b) The auction staying below 11409 could fall to 11385-360 / 11335-311* / 11292-273 & 11250
14:17 Ankush Jain : 🙂
14:17 Santosh : hearing begins in SC
14:17 Uttam : hgih 11360 and low 11260 so far
14:17 Uttam : century
14:17 Fenil : AGR hearing started
14:19 Fenil : anyways market has gotten used to it
14:20 Uttam : AGR se darr nahi lagta sahib ;-p
14:21 Uttam : 45 degree play coing up looks like = 11324?
14:23 Uttam : BNF for 21980
14:24 Uttam : 11311 minor ref here in NF
14:24 Uttam : it is the POC of the IS bar which broke vwap
14:24 Uttam : last
14:26 Ankush Jain : yeah, but no IS imprint
14:26 Ankush Jain : u referring to 1340 bar?
14:26 Fenil : The twitter handle mentioned by Shai @LiveLawIndia is fantastic
14:27 Uttam : BNF made a low of 21870 – (13:40) Uttam : BNF 21860 imp level if we get a dip here
14:28 Uttam : 21977 – (14:23) Uttam : BNF for 21980
14:29 Ankush Jain : plenty of greens
14:29 Uttam : 90k green at vwap
14:29 Uttam : looks like that seller stucjk at lows getting out
14:29 Jitender : timely reminder 🙂 (14:09) Jitender : Expiry game time folks…pls b circumspect and Sl + r/r in place pls
14:30 Uttam : so another day of balance we get after the gap down
14:32 Amit Jain : +1 jit
14:33 Shai : last trade of day in at 11400 pe at 90 sl of 78 tgt 123
14:33 Himanshu : Chief – still 11300 PE – they will ransack
14:33 Himanshu : still one hour
14:34 Shai : 11300 pe diff read
14:34 Shai : the ITM is cleaner
14:34 Himanshu : UG – this DOPC of BNF shifted up again from 21860 to 21984
14:34 Himanshu : Ok
14:36 Uttam : dPOC actually at 22020 only H
14:36 Uttam : highest vols there
14:36 Uttam : just checked the 1min chasrt as well as MPLite
14:39 Shai : jugaad at dpoc then for NC?
14:40 Shai : exit at 90- 91- we won’t trade this- (14:33) Shai : last trade of day in at 11400 pe at 90 sl of 78 tgt 123
14:40 Uttam : perfect timing Shai 🙂
14:42 Rajesh G : shai i think there is some lag in the chatroom too, becasue i got the message when price already 84
14:43 Uttam : the moves are very quick Rajesh
14:43 Swapnil : Yes Rajesh
14:44 Uttam : it made a freak low of 78 in a minute
14:44 Uttam : llooks like Shai so BNF one test of 22020 coming up before close? – (14:39) Shai : jugaad at dpoc then for NC?
14:45 Uttam : NF is already at dPOC
14:45 Uttam : 11328 here
14:45 Uttam : with rest of that seller SL
14:45 Uttam : 87k at top
14:46 Uttam : (14:21) Uttam : 45 degree play coing up looks like = 11324?
14:46 Tejpreet : looks like the bench can’t decide buy ce or pe…..once they decide enough time for expiry move.
14:46 Uttam : lol Tej
14:47 Uttam : they are also greedy want to make money in both 😉
14:48 Vishnu : ug tht fa still valid na in bnf
14:48 Uttam : yes Vishnu but close below IBL would be more better
14:48 Vishnu : yes
14:48 Uttam : still has 45mins though
14:49 Ankush Jain : we had RE up, then down, then up & then again down. If we close within IB, can it qualify as FA?
14:49 Fenil : again 0s at top in NF
14:55 Uttam : 22004 – (14:44) Uttam : llooks like Shai so BNF one test of 22020 coming up before close? – (14:39) Shai : jugaad at dpoc then for NC?
14:55 Naresh Dubbudu : NC?
14:55 Uttam : NEutral Centre
14:55 Maxis : singles. 14th singles at 11283, VAL of 13th. 18th singles 11348, POC of 14th
14:55 Uttam : same as yesterday
14:55 Naresh Dubbudu : Thank you UG
14:55 Uttam : 🙂 +1
14:58 Krantik Bordoloi : any news on agr case?
15:00 Uttam : 22020 done
15:03 Himanshu : AGR – is non event – casue Court asked DOT to produce all details of RCom and AIRcel from 1999
15:04 Fenil : +1 UG
15:04 Uttam : (14:14) Uttam : giving 45 degree or NEuX
15:04 Himanshu : from first auction and asked weather – same way Aircel also wants to sell specturm – in IBC
15:04 Himanshu : basically Khichdi and long drawn battle
15:04 Tejpreet : 113k combo zero is the outcome then .
15:05 Himanshu : for now positive for Banks as – if any of licencese has shortchanged laws, they will get punished
15:05 Uttam : we have 2 NeuD and on a 2-day composite a DD
15:06 Ankush Jain : any brk of high or low could give a move in that side?
15:07 Uttam : check day high – (09:57) Uttam : above 11330 can do 11360
15:07 Uttam : to the dot
15:07 Uttam : Value lower however today
15:11 Uttam : looks like NF wants to decalre at 100 – (14:17) Uttam : hgih 11360 and low 11260 so far(14:17) Uttam : century
15:12 Ankush Jain : it looks final almost
15:12 Uttam : close at 11310 would be perfect 🙂 5-50
15:12 Uttam : 50-50
15:13 Uttam : dPOC shifted there too
15:20 Maxis : stuck
15:24 Shai : dpoc close it is
15:24 Uttam : perfect Neutral Centre 🙂
15:24 Shai : may be falt here for 1 more day tom at 11300
15:24 Shai : flat*
15:25 Uttam : so expiry week can be big Shai?
15:25 Vyom : Shai positional short can be taken? with 11466 as stop?
15:25 Shai : no
15:25 Vyom : ok
15:26 Shai : we don’t take a position al view based on expiry afternoon closing
15:26 Shai : it is dominated by old business
15:26 Shai : close below 11280 a betrer short with sl abv 11377 now
15:27 Vyom : ok Shai thanks
15:29 Swapnil : how they keep the spot above 300 and let the futures drag down
15:29 Uttam : both have left a FA at top today also
15:29 Swapnil : to protect 300 PE
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 Avinash : Can NF PA be termed as FA
15:30 Sridhar : bye
15:30 Shai : Bye all
15:30 Manikandan : Bye all
15:30 Shashidhar : bye all
15:30 Shai : Have a nice evening
15:30 Swapnil : bye
15:30 Shai : catch up at 08.30 pm
15:31 Uttam : catch up for the webinar +100
15:31 Tejpreet : Bye All