Order Flow charts dated 21st Dec

Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.

Order Flow is the most transparent way to trade and takes away the guesswork from decision making.

NF

30 Min Fp Nf 15 Order Flow Charts Dated 21St Dec Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

BNF

30 Min Bnf Bid 15 Order Flow Charts Dated 21St Dec Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:55 Vtrender Live : (08:54) Vtrender Live: options screen- https://join.me/289-074-855
(08:54) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/804718725

09:16 RK : (09:15) RK : Long NF 10962 for 11000 SL 10930

09:29 RK : (09:28) RK : Part book 10980 and move to cost (09:15) RK : Long NF 10962 for 11000 SL 10930

09:30 RK : (09:30) RK : book full 10978 (09:28) RK : Part book 10980 and move to cost (09:15) RK : Long NF 10962 for 11000 SL 10930

11:04 RK : (11:04) RK : Long 50%25 NF 10840 SL 10814 obj open as of now

11:22 RK : (11:22) RK : Keep exit at 10860 and move SL to cost (11:04) RK : Long 50%25 NF 10840 SL 10814 obj open as of now

11:31 RK : (11:30) RK : 10860 done trade booked (11:22) RK : Keep exit at 10860 and move SL to cost (11:04) RK : Long 50%25 NF 10840 SL 10814 obj open as of now

12:40 RK : (12:40) RK : Keep NF short below 10848 for 10800 SL 10878

13:22 RK : (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878

13:28 RK : (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878

13:34 RK : (13:34) RK : part booked at 10831 now hold with SL at cost 10848 for 10800 (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878

13:56 RK : (13:56) RK : Book full 10813 (13:34) RK : part booked at 10831 now hold with SL at cost 10848 for 10800 (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878


08:54 Vtrender Live : options screen- https://join.me/289-074-855
08:54 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/804718725
08:59 Shai : GM all
08:59 Shai : https://vtrender.in/market-profile-analysis-dated-20th-dec/
09:01 Shai : 10942 ref line for the open this morning
09:01 Shai : 27225 in the BNF
09:02 Shai : neutral extreme in the NF profile yesterday with a C failure at 10891 just at the extension handle of 18/12
09:02 Shai : last 45 mins spike was 10036 to 10991 in NF
09:03 Shai : was 27261 to 27371 in BNF
09:03 Shai : these would also serve as ref guides for the auction in IB today
09:03 Ashish : GM all
09:04 Uttam : Good Morning All 🙂
09:05 Vinay : GM all
09:07 Kathir : GM Shai all
09:08 Manish : gm everyone
09:08 Jitender : Gm Folks 🙂
09:09 Vinay : gm..shai..ashish…kathir..uttam..jit..manish..
09:10 Jitender : Gm Vinay
09:10 Vinay : folks a newbie input..never leave options to expiry if in profit..i did not know..about the STT…what was a 6rs loss in a spread in BNF ended up being 10-11 cause of that…
09:10 Vinay : am sure everyone here knows..but jusr for the other newbies
09:12 RK : GM Shai and all
09:13 Kathir : yes vinay.
09:13 Vinay : good morning RK…good luckfor the day
09:15 RK : Long NF 10962 for 11000 SL 10930
09:19 Shai : +1
09:19 Shai : Yes Vinay if you had mentioned it yesterday we would have suggesred a clsoe
09:20 Vinay : Shai never knew abut it..till i calculated and about 6rs stop resulted in a 12-13 rs loss and then found out the hard way…
09:20 MJ : Good morning everyone.
09:20 Manish : vinay, can you please explain on slack ? thnx
09:21 R Goel : vinay I guess this is for in the money BN options only
09:21 MJ : Shai ES_F had fun evening 🙂
09:21 R Goel : I had some 27400CE short there was no issue since it was 0
09:22 Vinay : yes RG…it was a long short strangle..so i had 27100 CE and 27300 PE both which were ITM..though a net loss..as i had paid a 206rs premiium for 200rs spread and left to exipry
09:22 R Goel : okay
09:22 Shai : Yes MJ . They keep the fun closed and locked for themselves
09:23 Subhodeep : good morning shai
09:23 Subhodeep : good morning ladies and gentlement
09:24 Vinay : gm Subho
09:24 Subhodeep : hi vinay
09:24 Vinay : RK was that trade based on reject from yest VAH even with the gap down in IB ?
09:28 Uttam : BN Spot above ysterday hihgs
09:28 RK : Part book 10980 and move to cost (09:15) RK : Long NF 10962 for 11000 SL 10930
09:28 Uttam : +1 RK
09:29 RK : yes Vinay
09:29 Boppanna : +1 RK
09:30 RK : book full 10978 (09:28) RK : Part book 10980 and move to cost (09:15) RK : Long NF 10962 for 11000 SL 10930
09:31 RK : smthing better to start the day on such against book move kind of days
09:31 Jitender : +1
09:31 Jitender : is tat 23k red in bnf ?
09:31 Uttam : yes Jit
09:31 Jitender : tx
09:31 Uttam : 22320
09:31 RK : yday lower value bell after gap down closing at day high above prev POC was one of the odd days
09:32 RK : as Jit said smwhere in Slack smthing is there under the sleeve which we do not know yet..cat can come out anytime
09:34 RK : for the day 10935 is ref..we can see sm good imbalance below that esp if happens post IB
09:34 Vinay : brilliant RK…instinctive and spontaneous..my third trade here and finally made money..after two SL yesterday with BNF..thanks RK
09:35 Vinay : I noticed the rejection from VAH too..but as a newbie was indecisive about what to do..this is where experience trumps just observational and theoretical learning..
09:37 MJ : Shai vol band on 30 min absent today?
09:37 MJ : for NF.
09:38 RK : reason for making quick exit is OAIR and pink bands at top..so might pullback to VWAP and it did
09:38 MJ : RK what I admire is that real quick entry within the IB range 🙂
09:38 RK : and pink band had company from BNF 23K too..so they are in sync means more confirmation
09:39 Boppanna : Can’t get accurate that ..Today hypos *BNF hypos for next session**a) The auction can test 27400 for inventory**b) 27255 is again a support*
09:42 Vinay : RK hustling with knowledge is an art….
09:42 Vinay : congrats….
09:43 RK : best way to learn is after some days of observation just start executing with sm small size atleast with your observed setups..unless you are in you could not get the gist quick (09:35) Vinay : I noticed the rejection from VAH too..but as a newbie was indecisive about what to do..this is where experience trumps just observational and theoretical learning..
09:44 RK : and post execution journal it and after a year or two you will have almost everything you needed from your journal
09:44 Uttam : NF for 80% here
09:45 Vinay : nice RK
09:46 Shai : +1 RK
09:47 Shai : keep a note pad handy or even use the one from the laptop, jot down big numbers etc whoich you see evertytime. handy to keep taking notes all the time
09:47 RK : tks Shai..
09:48 Shai : added MJ. Thanks for looking that up
09:49 MJ : Thanks Shai.
09:49 Shai : usdinr again dropping
09:49 Shai : that is keeping the bears away
09:49 Shai : now below 70
09:50 RK : ES broken that 2470 Shai
09:50 RK : so 2350 kind possible there or you are seeing any Santa rally towards 2530?
09:50 RK : that would decide our expiry I think
09:51 Subhodeep : rk what is es?
09:52 Shai : I think RK yesterday’s low is secured for now
09:52 Shai : in ES
09:52 RK : S&P 500 Subhodeep
09:52 Subhodeep : tks
09:53 RK : Fine Shai..seems Varun was all night busy to mark some excess there 🙂
09:53 RK : I read his tweets today
09:53 Vinay : Uttam looks like you are going to get your VAL move you mentioned in notes yest..
09:54 Uttam : 10941 yPOC first & then VAL Binay
09:54 Uttam : Vinay*
09:56 MJ : to the T.
09:56 MJ : Uttam.
09:56 Sumit : 50 k green
09:56 Vinay : wow what COTS at ypoc
09:57 Vinay : I guess vwlow will be defended
09:57 Sudheer null : why pink for 48k buyer any change in charts?
09:58 Shai : okay will have to check Varun’s handle then
09:58 Shai : we all have to request him to mark the market profile tweets differently 🙂
09:59 Sudheer null : yeah shai he tweets so many other things :p
09:59 Sudheer null : difficult to identify market tweets
10:00 RK : this zone should be held else NF in trouble for the day
10:00 Shai : that 52k guy came off quick
10:00 Uttam : A period singles at top in yesterays spike in NF
10:00 MJ : 21k support actor.
10:00 Subhodeep : a positive cot and a red bar should the inference be shorts covered from the highs and then waiting for further confirmations?
10:00 MJ : might pull it off.
10:01 Subhodeep : hi mj gd mrng
10:01 MJ : Giving up spike is going to be fun.
10:01 MJ : Good morning S.
10:01 Vinay : What you mean Shai…came of quick..does that mean at an unexpected place..too e arly to buy or short cover?
10:01 Jitender : AG shrt
10:01 Uttam : that 10929 is that TPO POC in NF so giving sup here
10:02 MJ : 380 to 295 thank you 23k reds. 🙂
10:02 Uttam : gone so now for 10909
10:02 Sumit : nyc was that reds
10:04 Shai : @vinay most of these 40- 60 k guys are intra . They are smart and quick also. They give up position if not working
10:05 Shai : haven’t seen a lot of rigidity with these guys
10:05 Sudheer null : yDPOC 27275 in bnf will provide some support
10:05 Vinay : Shai…so does that mean…he has gone long at possibly the wrong time..or covered shorts..rather quickly..
10:05 Sudheer null : ?
10:05 Shai : either you bend or you break
10:05 Jitender : (15:26) RK : MJ below 10925 swing sell tmw for 10700 kind for me
10:05 Vinay : wow Jit…nice pick there…
10:06 Shai : B break is late todat but has volumes
10:06 MJ : Jit. Short in nf 979 ish 🙂 swing wis.e
10:06 Shai : we need D to confirm lower today
10:06 Shai : 10820 is there
10:06 Jitender : bnf at day lows
10:06 Uttam : (09:44) Uttam : NF for 80% here…10 more points to do for NF to complete 80%
10:06 Jitender : 23k red zindabad
10:07 RK : this was the best trade that could happen but by the time and the way price reached there it was too stretched from day high so your RR is bad to enter..have to give a skip when in doubt (09:34) RK : for the day 10935 is ref..we can see sm good imbalance below that esp if happens post IB
10:07 RK : large IB now
10:07 Shai : looking for shorts near 10946 again?
10:07 MJ : +1 Shai
10:08 MJ : above that 941 ref.
10:08 RK : yes Shai lets see if we get any OF clue if we get a pullback
10:08 RK : I think this would do 10900 kind before getting that pullback
10:08 Vinay : looks like rollover vols..little i have seen..i mean the COTS..
10:08 Boppanna : 210 in BNF may be
10:09 RK : yes 240-200 probe
10:09 Uttam : yes RK test of that ext handle will be nice
10:09 Uttam : (09:54) Uttam : 10941 yPOC first & then VAL Binay
10:10 Uttam : 10909 done
10:10 Uttam : full 80%
10:10 Boppanna : +1 Uttam was a clean move
10:10 Shai : nice
10:10 Uttam : (10:02) Uttam : gone so now for 10909
10:11 Shai : and RK pulled out a long for us from this tape today and that too at 9.15 🙂
10:11 Shai : cheers RK
10:11 MJ : Exactly Shai.
10:11 Shai : and exit to the dot also
10:11 MJ : I don’t need coffee. I will stay up on that trade.
10:11 RK : yeah sensed the exhaustion quickly
10:11 Uttam : it was a nice distribution so good chance
10:11 MJ : The part book was my swing short. 🙂
10:11 Shai : trifecta here
10:12 Shai : exhaustion of 5 min sellers
10:12 MJ : 45k
10:12 MJ : sucking up. and I am out.
10:12 MJ : 979 – 917
10:12 Uttam : NF seems to be leaving an ext handle at 10950 levels
10:13 RK : 10900 is big wall for the day..lets see how it develops now between VWAP and this 10900
10:13 Uttam : 10953 to be exact
10:15 RK : NF b tpo = yday entire value
10:15 MJ : 10884 cometh?
10:16 Uttam : 10866 in spot is a vpoc so that coming
10:17 Uttam : 10887 in NF
10:17 Kathir : mihit got 6 in nf low
10:18 Kathir : 10883 mihir
10:18 RK : alright big day 🙂
10:18 Shai : no liquidity
10:18 MJ : boom boom.
10:18 Shai : C extended
10:19 MJ : Louuuveeee thi.
10:19 MJ : this.
10:19 Shai : job of the bear is just begun
10:19 Jitender : 925-870 done nf 🙂
10:19 Boppanna : finally
10:19 MJ : RK thanks for the hypo yeterday 🙂
10:19 RK : crucical level breaking in NF
10:19 Shai : yes
10:19 MJ : Going strong.
10:19 Shai : 820 next one
10:19 Uttam : 10867 pull back los
10:20 RK : vol just spiked here huge
10:20 Uttam : (10:00) Uttam : A period singles at top in yesterays spike in NF
10:21 MJ : Bad exit 🙁 (10:12) MJ : sucking up. and I am out.(10:12) MJ : 979 – 917
10:22 Boppanna : comeon BNF time for u as well
10:22 RK : Jit no Fax to LIC today?
10:22 Praneeth : usdinr approaching yesterdays low..
10:23 MJ : Another clean hypo Below spike (09:02) Shai : last 45 mins spike was 10936 to 10991 in NF
10:23 Uttam : 10833 next vpoc in spot and below it 1077
10:24 Subhodeep : this present 5 min candle in the of chart cot has a +ve value yet the candle red …
10:24 RK : big boys day for sure
10:24 Subhodeep : covnerse to the yesterday green cnadle with high negative cot
10:24 Subhodeep : how does one infer this rk,shai?
10:24 RK : sm liquidation for sm reason from sm big desks
10:24 Sumit : thanks again 23 k reds
10:24 Jitender : wattaday wattaday
10:24 Jitender : kulhad out
10:25 Subhodeep : sould i read it as responsive buying at those levels?
10:25 Uttam : (10:12) Uttam : NF seems to be leaving an ext handle at 10950 levels
10:26 Ashish : Last two 5 minute candle COT is huge
10:26 Shai : 10890 is the liquidity issue
10:26 Vinay : Guys what does gioing down with such high COTS mean
10:26 Kathir : mihir 11k pe low at open was 78 = 6 which did not break
10:27 Uttam : (10:26) Shai : 10890 is the liquidity issue yesterday’s Fa there so now we can be on for 10773
10:27 Jitender : C extn…watch its hi & low
10:27 Vinay : into last weeeks value..Uttam… or not yet?
10:28 MJ : Fax has reached i guess.
10:28 Subhodeep : @mj vol wise could we already call it an abv avg vol day ?
10:28 Uttam : singles in NF from 10916-10953
10:28 Shai : 10890- 900 should resist
10:28 MJ : Yes.
10:28 Shai : big greens at lows
10:28 MJ : Shai small zoom in 30 min if possible?
10:28 Shai : bear of B fails if that is not protected
10:29 Uttam : last weeks VAH at 10866 Vinay where we had that pull back low also early this week
10:29 Boppanna : Shai BNF any big greens ?
10:29 Shai : no bopp
10:29 Uttam : 10818 will be big level in NF
10:30 Boppanna : thx
10:30 Uttam : 10835 earlier FA
10:30 Shai : guys there greens in 5 mins are still small compared to the reds we have above 10940 from 2 days
10:30 Shai : don’t get swept away by 5 mins
10:30 Shai : cot was big red at close yetserday
10:31 Dhaval : 98K GREEN?
10:31 Gaurav : 90 k green and red botj
10:31 Shai : yes big guys now in
10:31 RK : quite a imbalance it is and you need high level of balance to trade today
10:31 MJ : Shai rollovers now started?
10:31 MJ : Or moderate?
10:31 RK : *balance of mind
10:31 MJ : 1L at bottom. red and green both.
10:32 Boppanna : RK 🙂
10:32 MJ : LIC asked for DLO = 20
10:33 Jitender : AG made money
10:34 RK : yes
10:34 RK : we exactly now stopped at 18th VAL and below this we have 2days bell for another quick 30 points
10:35 Boppanna : BNF sustain below 110 ..950 possible?
10:36 RK : yes 27050 kind is sup and below that another 100+
10:36 MJ : Easy peasy below 100
10:36 Dhaval : HOS:Nitish wud leave BJP alliance
10:36 RK : any CNBC flash to help the markets?
10:37 RK : if smthing comes up today then you can assure that Anuj got one hell of inside info always to make his calls right
10:37 Shai : was he short?
10:37 RK : no long
10:37 Shai : we are at weekly lows here
10:38 RK : what I mean is he called for big move
10:38 RK : so if this mkt has to be bought then we can expect sm flash news from his side
10:38 RK : if he get the msg from the top
10:39 RK : quite a big vol now..50lacs
10:39 MJ : Bid ask jumping like crazy.
10:39 Jitender : Anuj is on leave tis week beginning
10:39 RK : yes
10:41 RK : no balance yet in 5min bars
10:43 Vinay : Rk rollovers by FIIs before Christmas…
10:43 Subhodeep : jit do the recos on such shows have any values do the ppl own up to their recos?
10:43 Subhodeep : i havent seen till the time i used to watch the tv hoping fo rinsight s
10:45 Gaurav : can we add Jan charts on 30 minute screen
10:45 Gaurav : some of these could be early rollovers as we are on T-5
10:45 Shai : sure will add
10:52 MJ : 840 to 864 (10:32) MJ : LIC asked for DLO = 20
10:52 MJ : done
10:53 Uttam : Shai view on USD-INR now?
10:57 Jitender : 27110-27160 range
10:58 RK : BNf seems looking good today than NF
10:58 Shai : D about to extend
11:03 Jitender : C & D lows same
11:04 RK : Long 50% NF 10840 SL 10814 obj open as of now
11:04 MJ : YAY! Thanks RK.
11:04 MJ : were you waiting for retest of the greens?
11:05 Jitender : (10:27) Jitender : C extn…watch its hi & low (11:03) Jitender : C & D lows same
11:06 Jitender : guys..go with low vols..whole day is left
11:06 Jitender : have risk management…dont loose money
11:06 Jitender : aas mkt will mve fast
11:06 Kathir : +1 jit
11:07 MJ : +1 Jit.
11:07 MJ : 25% size after DT 🙂
11:08 MJ : RK does an elongated profile usually repair with another one in the reverse direction?
11:08 Sunder : A lot of greens in NF but not in BNF. How does that play out
11:08 Shai : 10 points off actually C low is 10834
11:08 Shai : D is 10825
11:09 MJ : Yes jit D is 10825.05
11:09 Boppanna : Nifty Spot fighting it out the Outside day low reference of 18/12
11:09 Jitender : i was talkn bnf
11:09 Shai : oh yes
11:10 Shai : anything lower today below D pushes us lower in the 14/12 balance in NF
11:10 Shai : should be an easy ride there
11:10 Shai : else a sell better near 10890 now
11:11 Sumit : what about bnf ?
11:11 Shai : Nifty Dec charts are at – https://join.me/289-074-855
11:11 Shai : BNF does not have any rolls or volumes
11:11 Jitender : had put pointers here…did only one nf trade..rest bnf…(09:31) Jitender : is tat 23k red in bnf ?(10:05) Jitender : (15:26) RK : MJ below 10925 swing sell tmw for 10700 kind for me
11:12 Shai : +1
11:12 MJ : Jit you are getting better with age.
11:12 MJ : 😛
11:13 Jitender : u mean old is gold MJ
11:13 MJ : You aren’t gold.
11:13 MJ : You are better than that.
11:13 Jitender : austin powers kind 🙂
11:13 MJ : 🙂
11:13 Shai : BNF has a 100 point drop below C lows waiting for POC 26967
11:14 Shai : actually was expecting this 27070 yesterday till BNF did that stoppping at 27225
11:14 Boppanna : +1 SHai
11:15 Shai : that’s why settlement day moves are awkward and make no sense
11:15 Shai : but we are back o track today
11:15 Shai : when NF comes in every thursday we will have to declare thursday the holy one 😉
11:16 Kathir : shai worry is NF also will do like this if weeklies come 🙂
11:16 Jitender : mkts gv n take money from u in multiple ways n logic…..find yr method in tis madness, cut noise, learn,improvise & grow
11:16 Jitender : Kathir..weeklies will b awesum..just wait
11:16 Jitender : will make life easier..i
11:17 Kathir : hoping so jit 🙂
11:17 Shai : I say NSE should move monthly expiry also to last Friday and get this weekly thing going every Friday
11:17 Shai : we all need a break after expiry
11:17 Jitender : agree
11:17 Subhodeep : +@
11:17 Subhodeep : +2
11:17 Kathir : +100 shai
11:18 Jitender : time fr a cuppa
11:18 MJ : It is a method to clear up the mess on friday and do loads of adjustment.
11:18 Kathir : wonder who found this thursday setlment idea ?
11:19 MJ : Kathir some bania.
11:19 MJ : or munim ji.
11:19 MJ : in nse.
11:19 MJ : who was used to do jugaard in ledger books.
11:20 Subhodeep : mj man for all seasons 🙂
11:20 Subhodeep : man for all reasons:)
11:21 MJ : If settlement is on friday. High chances that on monday you can’t do adjustment if global responds the other way.
11:21 MJ : S 🙂
11:22 RK : Keep exit at 10860 and move SL to cost (11:04) RK : Long 50% NF 10840 SL 10814 obj open as of now
11:28 Uttam : RK NF does 2IB too early in the day so over extended on the downside so that trade here?
11:29 MJ : Thanks for asking. I am seeking the context too.
11:30 RK : Uttam and Mihir yes inventory was too short for me esp when D fails to make big extn below majr weekly low ref..so quick scalp to see E gets that pullback close to D high holding D low filter
11:30 RK : 10860 done trade booked (11:22) RK : Keep exit at 10860 and move SL to cost (11:04) RK : Long 50% NF 10840 SL 10814 obj open as of now
11:31 Shai : +1
11:31 Subhodeep : +1
11:31 Shai : D high is 864
11:31 Shai : some balance
11:32 Shai : which means we can still make it lower later
11:32 RK : MJ yes stretched profiles would repair back but mostly via balance and not via imabalnce..if you see again imbalance in prev imbalance then expect there will be balance later in that zone (11:08) MJ : RK does an elongated profile usually repair with another one in the reverse direction?
11:32 RK : yes Shai..one tf still on
11:33 Shai : 2 60 min bars today wipe out 4 sessions of upmove 🙂
11:33 RK : probelm with such profile to go short is any time big inventory pullback can come in
11:33 Shai : 2 of 60 min*
11:33 RK : so if we miss it early then have to wait for smbalance to join the trend else risk is very high
11:34 Uttam : +1 RK thanks
11:34 MJ : Thank you RK.
11:35 MJ : Inventory gettign caught off guard is the best sign of attack by the opposite camp.
11:35 Uttam : singles right at that wVAH of 10866 now in NF
11:36 RK : this is very thick vol cluster now..870-830..so focus now is another extn down or this is accumulation
11:36 RK : and if we get that answer right then another 20 point trade we could get before close..till we find that answer wait and watch
11:36 RK : the grind
11:37 Kathir : now 10875- 10785 resi RK ?
11:37 Kathir : 875-885
11:38 RK : 865-880 is res now
11:38 Kathir : ok
11:38 RK : such profile shouldnt even go close to VWAP before 1.30
11:38 RK : pm
11:42 MJ : RK/Shai market moving on really low vol. Signs of being illiquid?
11:45 MJ : Aiiyo 28k reds. Y U Do this?
11:45 MJ : Nicely we were going down.
11:47 MJ : Greens in bnf.
11:47 MJ : 5360 red nice scalper visible with 5600 cover in green side.
11:47 Shai : still balancing MJ
11:48 Shai : auction in D
11:48 MJ : Yes Shai.
11:51 MJ : Very weird bottom for bnf
11:51 MJ : she needs to do something here.
11:52 Sudheer : COT huge +ve here in BNF
11:52 MJ : Small ces playing for extension touch.
11:52 MJ : Lets see.
11:52 Sudheer : same here
11:52 Sudheer : but literally no PE writers today on option table
11:52 MJ : dpoc first booking zone.
11:52 Boppanna : @MJ 10:36 RK : yes 27050 kind is sup and below that another 100+
11:53 MJ : Bopp 🙂
11:53 MJ : Playing that with OF.
11:56 MJ : someone wake motabhai if you want to even give vwap touch.
11:56 MJ : Message for bots.
11:57 Sudheer : are some of them in our trading room 😛
11:57 Jitender : 26950 ?
11:57 MJ : Ask RK.
11:57 MJ : and TP 🙂
11:58 Boppanna : BNF we would have wanted that morning MB touch
12:01 MJ : We are getting turbulence kinda drops a lot today.
12:04 Uttam : Shai usdinr can get back to 70.33 & 70.42 today/tom?
12:05 Jitender : Uttam..u have started dabbling in usdinr weeklies ?
12:09 Shai : no 70.17 may resist today
12:09 Shai : looks to be 70.0.17 for now
12:09 Shai : but may shify around 4 pm for weekly close
12:10 Shai : back to spike lows below 69.97
12:11 Praneeth : brent at 54.6 .. silver line for rupee..
12:11 Praneeth : and may support bnf also
12:12 Praneeth : shai, any view on crude price?
12:13 Praneeth : is it headed towards 50?
12:13 Sudheer : can this be treated as stop hunt in BNF
12:13 Sudheer : ?
12:14 Sudheer : boughrt BNF at 27043
12:15 Shai : No praneeth I don’t have data for crude
12:15 Sudheer : stop of 27018
12:15 Praneeth : ok, np shai
12:17 Sudheer : quick 30 points in BNF
12:17 Sudheer : out
12:18 Vinay : Sudheer ..congrats
12:19 Sudheer : 50% trailed to 260
12:19 Sudheer : objective 27140
12:20 MJ : Jit someone has let the dii tap loose?
12:21 Jitender : who else
12:21 MJ : 😉
12:22 Shai : sellers are losing the opp here again
12:22 MJ : They need a pep talk.
12:22 Shai : could mean we fly above 10890 yo see if they are still eager to sell
12:22 MJ : Or may be Dr. Pepper.
12:23 Shai : for now poor job by sellers
12:23 MJ : Told suyog 10900 close today.
12:23 MJ : Lets see if he gives. 😛
12:23 RK : yes G is threating to stop one time frame
12:23 RK : thretening
12:24 RK : threatening #oh my
12:25 MJ : Warming up. (11:56) MJ : someone wake motabhai if you want to even give vwap touch.
12:25 MJ : Je bat.
12:25 Subhodeep : mj you siding with the bulls ? 🙂
12:26 MJ : I have no side Shubhodeep.
12:26 Shai : MJ takes a cut from everone 🙂
12:26 MJ : Yes shai.
12:26 MJ : Thats me.
12:26 Sudheer : booked fully at 130 now
12:26 Sudheer : BNF
12:26 Shai : bulls, bears and the pigs also
12:26 MJ : I am an observer. Pray every day that don’t give me bias.
12:27 Boppanna : that 89k fella
12:27 Shai : 80 k buyer gets 35
12:27 MJ : MJ gets 35 tooo.
12:27 Shai : perfect
12:27 MJ : I worked very hard and multiple capital bust moment to reach here.
12:28 MJ : Bias and greed were two reasons.
12:28 MJ : Trying everyday to cut it off.
12:28 Shai : absolutely man. You deserve all of it
12:28 MJ : /\
12:28 MJ : all learning here shai.
12:29 MJ : Thanks for keeping me in your guidance.
12:29 Vinay : MJ..humbling to hear….power to you
12:29 MJ : Thanks Vinay.
12:30 Sudheer : hatsoff MJ
12:30 Sudheer : want to be like you in future
12:30 Sudheer : ofcourse with less capital bust instances
12:31 MJ : Sudheer. Learner still. Better people here to be like 🙂
12:31 MJ : RK early 2ib gives so many scalping opportunities.
12:32 Santhanam : MJ looks like my story 🙂
12:32 MJ : 60 above dhl.
12:32 MJ : pdl**
12:32 MJ : bnf.
12:33 MJ : Maruti time now.
12:33 MJ : Can see cash buying across? Anyone can confirm?
12:33 Sudheer : now PDL weakness in BNF
12:34 Sudheer : ?
12:35 MJ : Yes sudheer need to take it out.
12:40 Boppanna : One scare is exempted I hope 11:38 RK : such profile shouldnt even go close to VWAP before 1.30
12:40 RK : Keep NF short below 10848 for 10800 SL 10878
12:46 RK : Bop yes..back to vwap means move to IBL and more
12:48 Sudheer : BNF booked again from 130 to 100
12:49 MJ : Nice one Sudheer.
12:49 MJ : Congrats.
12:51 Sudheer : thanks MJ
12:51 Sudheer : now deciding level for BNF here if it wants to go higher
12:51 Sudheer : but no MP reference here
12:58 MJ : RK major stocks too trying to attempt vwap and being sent back 🙂
12:58 MJ : nice insight that one.
12:58 MJ : On a day like this.
13:00 Sudheer : shorted 50% again here at 123
13:04 Sudheer : exited shorts at 110
13:06 Shai : should do 10820
13:06 Shai : ncie RS that was at 10862
13:07 MJ : 64k in 30 min Shai?
13:07 Shai : yeah built over 30
13:09 Uttam : thanks for the USD-INR levels Shai 🙂
13:10 Sudheer : any higher references at 189-90 in BNF
13:10 Sudheer : which can prove as resistance
13:10 MJ : Sudheer 220 ext handle
13:10 Uttam : @Jit my Relationship manager keeps calling me & asks me to do USDINR so was just checking with the levels & plan to observe the charts here on
13:11 Sudheer : ok .. thanks uttam
13:11 MJ : val + c period singles.
13:11 Uttam : that was Mihir you need to thank Sudheer 🙂
13:11 MJ : Ek hi hai Uttam 🙂
13:12 Sudheer : yeah uttam … thanks mihir perfect zone there
13:12 Sudheer : and yesterday’s VAl too
13:13 Sudheer : if we hold 100 now that would be a good retest now into the trap window of 1.45 -2.00
13:14 MJ : Sweat to the morning dip buyers will cause this to go back to RO point Shai?
13:17 Jitender : (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:18 Sudheer : (13:13) Sudheer : if we hold 100 now that would be a good retest now into the trap window of 1.45 -2.00
13:18 Sudheer : this candle will tell if we are holding 100
13:20 Jitender : +1 Sudheer
13:20 Sudheer : we are holding 100 i guess
13:20 Sudheer : and we will tag 170-80 now
13:22 RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:22 Jitender : wont exit at cost b more prudent here
13:23 Jitender : I not extendn
13:23 MJ : Jit for what trade?
13:23 MJ : NF?
13:23 Jitender : nf shrt
13:23 MJ : Ok
13:25 Praneeth : usdinr spiking at DH
13:27 Uttam : yes Praneeth 🙂
13:28 Praneeth : yes, right now at shai’s level
13:28 Praneeth : bnf to 970 now?
13:28 RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:28 Jitender : +1
13:29 RK : allowing I period to play fully Jit
13:29 Jitender : sure….
13:29 Sudheer : now day lows again
13:29 RK : If this is trend day then G did whip of one time frame H inside and I doing lower low
13:30 Jitender : yeah..was tryn to b cautious with 1.30 open
13:30 MJ : RK delivers 🙂 15:24 RK : value lower > POC tested > higher close > action packed Friday ahead
13:31 MJ : Jit spx steady?
13:32 Jitender : 2579 on watch else steady
13:32 MJ : thanks
13:34 RK : part booked at 10831 now hold with SL at cost 10848 for 10800 (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:34 Boppanna : +1 RK
13:34 Shai : +1
13:34 Shai : break it into the old balance of 14 guys
13:34 MJ : What a lovely trade area.
13:35 MJ : Congrats RK.
13:35 Shai : 10764 close will be sweet
13:35 RK : it was bit late entry MJ
13:35 MJ : Oh okay Rk. But still RR was managed well.
13:36 RK : as I said first pullback below VWAP was always good RR trade
13:36 RK : on trend day
13:36 Shai : 10826 is that 78k guy
13:37 Shai : yes always
13:37 Shai : would have actually liked to swipe out a few abv vwap considering it was balancing at 3 day lows
13:38 RK : might happen above 850 now
13:38 RK : may be if J holds the day highs
13:38 MJ : Shai enough time for your wish.
13:39 RK : J could be decider for the close today
13:41 RK : Bop you need to commit big time here with BNF
13:41 Boppanna : Come BNF enough of being left out dont wait until 2:30 gamble
13:41 RK : 🙂
13:41 RK : timing
13:41 Boppanna : 🙂
13:42 RK : its just hanging on thread here around 2IB and we have weak low now at last week high..you need to push it down
13:42 MJ : Today when I saw round figure opens in both nf bnf. I thought some locha is there.
13:43 MJ : And nicely served that was.
13:43 Boppanna : Jit not pushing BNF feels like
13:43 Praneeth : usdinr upmove reversed from shai’s level 70.185
13:44 MJ : Yeah bopp. Need J power.
13:44 Jitender : no pos BoP
13:44 Jitender : watchn
13:44 MJ : There you go.
13:44 RK : J starts here
13:44 Jitender : made enuff today to speculate
13:44 Jitender : not
13:46 Jitender : 2479 spx
13:46 Jitender : yday mid noon low
13:47 Uttam : first time traded in USDINR options 🙂 and booked at Shai’s levels
13:47 Jitender : congo Uttam..more power to u
13:48 Jitender : Shai is superlative in usdinr
13:48 Uttam : thanks Jit, it makes sense to track that chart also on daily basis as both NF & BNF are aligned to it
13:48 Uttam : yep Shai’s levels have always been awesome in USDINR so did not wait for my broker’s tgt & booked in full
13:49 Jitender : zerodha ?
13:49 MJ : Next time you give him booking levels 😛
13:49 Uttam : broker? way2wealth
13:49 Jitender : cool
13:49 Jitender : ritename fr a wonderful client
13:50 Uttam : lol 🙂 aaj ka leg pulling starts from me kya as your DT done 😉
13:50 Kathir : +1 jit
13:50 Jitender : 2.4x…in good moode n mode
13:50 MJ : At DHI shorts Uttam 🙂
13:50 Jitender : +1 K
13:50 MJ : Aila Jit.
13:50 Praneeth : +1
13:50 MJ : 2.3 here too 🙂
13:51 Jitender : cheers
13:51 Manish : uttam, do you trade usdinr with OF only ?
13:51 MJ : Uttam where you check the chart?
13:51 Uttam : opened an account with trading view to see the charts
13:51 MJ : Gracias patron
13:51 Jitender : Shai…can we request to gv usdinr option calls
13:52 Jitender : with weeklies…good gain awaits..if u help
13:53 Uttam : today got above vwap on 15mins & trending higher & now at Shai’s level showing res
13:53 Uttam : was trending higher
13:53 Praneeth : yes, also usdinr not stt
13:53 Praneeth : *no STT
13:53 Jitender : yup
13:53 Uttam : oh so less brokerage?
13:54 Praneeth : brokerage depends on brokers, but other overhead charges are minimum
13:55 Boppanna : BNF push
13:55 Praneeth : 970
13:55 Uttam : 1L green at 10818
13:55 Shai : liquidity sucked again
13:56 Uttam : SL orders?
13:56 RK : Book full 10813 (13:34) RK : part booked at 10831 now hold with SL at cost 10848 for 10800 (13:28) RK : Keep part book at 10831 and move SL to cost 10848 now (13:22) RK : move SL to 10868 (12:40) RK : Keep NF short below 10848 for 10800 SL 10878
13:56 Uttam : super RK #applause
13:56 Shai : Cheers
13:56 Jitender : +100
13:56 Boppanna : +1 RK
13:56 RK : 10790 possible if sustains below 10840
13:57 RK : I made safe exit for the group
13:57 Shai : unable to come abv 824 means we are lower by close
13:57 MJ : Shai contra can be done? with 1L?
13:57 Kathir : mihir 27k ce low
13:57 Shai : No MJ
13:57 Shai : that is SL
13:57 MJ : Ok thanks.
13:57 Shai : see the zeros above
13:58 MJ : Yes all swipe.
13:58 Shai : when that happens in OF we move lower
13:58 MJ : Okay Thanks.
13:58 RK : If close at lows then another imbalance by IB on MOnday
13:58 Uttam : +1 Shai
14:01 Praneeth : usdinr about to break shai;s level .. moving towards uttams level ?
14:01 MJ : Said yest: 11:07 MJ : Below that at 100 is 52k seller still sitting.
14:01 MJ : Nicely done by him.
14:01 Uttam : 10797 vpoc almost tagged in NF
14:03 Jitender : it broke n gave an ext (13:46) Jitender : 2479 spx(13:46) Jitender : yday mid noon low
14:03 Shai : spot is at dec series dpoc
14:03 Boppanna : Seems BNF put on leash today no quick dumps yet
14:04 Shai : break it and see the fun in put options
14:04 Uttam : 10692 coming in NF?
14:05 Shai : wanting a series close lower
14:06 RK : 10792 (13:56) RK : 10790 possible if sustains below 10840
14:07 RK : now that big spike of 80 points down there below it..already rejected once..so last zone of support around there
14:07 RK : goes means day close at lows
14:07 RK : but any freash trade here after with shorts holds big risk attached to it
14:07 RK : 90 mins to kill
14:08 Shai : yes clean break to 10690 on athin profile
14:08 RK : still the invalidation is 10845 for any shorts
14:08 Shai : 10824 still res
14:08 Uttam : new ext handle also there now in NF Shai
14:09 RK : vwap is way above at 10865
14:11 RK : BNF should brace up now for 100 point move below this low
14:16 Praneeth : 13:28 Praneeth : bnf to 970 now?
14:17 Jitender : 22k green at 26995
14:17 RK : and 50K red in NF
14:17 Boppanna : yep stalling
14:17 MJ : Painfull to give up that big position soon 🙁 (10:06) MJ : Jit. Short in nf 979 ish 🙂 swing wis.e
14:17 RK : BNf looks sm mkt filled agressive longs
14:18 Jitender : awesum M
14:18 MJ : Mixed ID view with swing and exited.
14:18 Jitender : +1
14:18 Praneeth : usdinr also reversed from 35
14:18 MJ : No jit. 917 closed all swing pos.
14:18 MJ : big mistake.
14:18 Jitender : next time
14:18 MJ : Need to learn man.
14:19 RK : getting out at good zone always better Mihir..mkt reverse 90% of the time..rare days this kind..so move on
14:19 MJ : Yes. 🙂
14:19 MJ : Thanks RK.
14:20 RK : we are fighting against big institutions on these days
14:20 Uttam : (12:04) Uttam : Shai usdinr can get back to 70.33 & 70.42 today/tom? USDINR does hgih of 70.36 so far
14:21 Uttam : +1 RK
14:21 Praneeth : +1 uttam
14:21 Praneeth : now to 70?
14:21 Boppanna : lets have a waterfall fingers crossed
14:22 Jitender : -16 (14:03) Jitender : it broke n gave an ext (13:46) Jitender : 2479 spx(13:46) Jitender : yday mid noon low
14:23 Shai : on track still- (13:57) Shai : unable to come abv 824 means we are lower by close
14:23 Uttam : no afternoon pullback today?
14:23 Shai : need this – (13:35) Shai : 10764 close will be sweet
14:23 Shai : but if you guys bring 10690 by 3.20 then drinks on the house today 🙂
14:23 RK : 90 done with almost nil drawdown (14:11) RK : BNF should brace up now for 100 point move below this low
14:24 Uttam : lol very much possible Shai so lets know where to catch up 😉
14:24 RK : 80
14:24 Boppanna : +1 RK again
14:24 RK : we want to have drinks at Goa 🙂
14:24 MJ : Calling Sandesh!
14:24 RK : Bop hope you are running atleast sm size today in BNf..you were the one more enthu with it since open
14:24 Uttam : +100 RK
14:25 Shai : tgting 865 BNF?
14:25 Jitender : had postes 26950..at 11ish
14:25 Jitender : posted
14:25 Uttam : yes Shai below 26926 next level in bnf at 26880-860
14:25 RK : yes Shai 920 3IB..if goes then next obj is 865
14:25 Jitender : lost the comment in reload
14:25 Uttam : @Kathir there?
14:26 Shai : perfect
14:26 Boppanna : Riding 26600pe from 40
14:26 MJ : Tormentor in Chief (09:31) Jitender : is tat 23k red in bnf ?
14:26 Kathir : yes uttam
14:26 Uttam : check BNF low 🙂
14:26 MJ : (10:35) Boppanna : BNF sustain below 110 ..950 possible?(11:57) Jitender : 26950 ?
14:27 RK : super Bop
14:27 Boppanna : +1 Jit
14:27 MJ : Uttam aisa mat karo.
14:27 Kathir : even high also uttam. cconrats man
14:27 Jitender : small mercies BoP in this cruel world 🙂
14:27 Uttam : _/\_ Kathir
14:29 MJ : Last two lower lows uttam @ 6
14:29 Praneeth : brent is at DL
14:29 MJ : Break it please.
14:29 MJ : Done.
14:30 MJ : 10777 back to my number 🙂
14:30 Jitender : time fr a bounce ?
14:30 Praneeth : yes jit
14:30 Uttam : (14:27) MJ : Uttam aisa mat karo…it was not about the total Mihir
14:30 Boppanna : 3IB in BNF
14:30 Uttam : +1 BOps
14:31 RK : 10897 was 5day poc today and we hit it first time after that imbalance to 11K and 1%+ gone
14:32 Shai : 10764 is your number MJ
14:32 Jitender : -18 spx
14:33 RK : another 50 points would meet island obj in BNF..almost there
14:34 Boppanna : 888…Out 14:25 Shai : tgting 865 BNF?
14:34 RK : 10800 first obj and 10650 second obj in Nf for Island
14:34 Jitender : Congo BoP
14:34 RK : +100 Bop
14:34 Praneeth : +1 Bop
14:34 Jitender : had only trade in positional a/c today 27.4ce110-55
14:34 RK : nice ride that was
14:34 MJ : 🙂
14:35 MJ : Shai 🙂
14:35 Shai : real time OrderFlow lesson at 10824 today – (13:55) Shai : liquidity sucked again
14:35 MJ : Bossman thought so. You replied too :)(11:42) MJ : RK/Shai market moving on really low vol. Signs of being illiquid?
14:35 Shai : and earlier at 10890 in C – (10:26) Shai : 10890 is the liquidity issue
14:35 Shai : they serve as resistances
14:36 MJ : Last evening spx was also super illiquid If I can actually draw my learning from OF.
14:36 MJ : Saw it for some time on a friends screen.
14:37 MJ : Oh lord. 60 pt move.
14:37 MJ : in minutes.
14:37 Jitender : (14:35) Shai : real time OrderFlow lesson at 10824 today – (13:55) Shai : liquidity sucked again(14:35) Shai : and earlier at 10890 in C – (10:26) Shai : 10890 is the liquidity issue(14:35) Shai : they serve as resistances
14:37 Jitender : +1
14:37 Jitender : (14:30) Jitender : time fr a bounce ?
14:37 MJ : Ending day with 6.5x.
14:38 MJ : No trades now.
14:38 MJ : Unless rk gives.
14:38 Jitender : 3.2
14:38 Uttam : congrats guys
14:38 Jitender : tx Uttam
14:38 Jitender : Congo to all here
14:38 MJ : Thanks uttam. And J congrats to you too.
14:38 Jitender : awesum stuff by Shai & Rk
14:38 MJ : We hunted like a wolfpack.
14:38 Kathir : congrats jit mihir
14:39 MJ : +1 Jit.
14:39 Jitender : tx K…2 u also
14:39 Uttam : 2L + COT on 20mins
14:40 Uttam : 30mins
14:40 RK : hindsight is if we didnt take that long right at open we could have caught shorts earlier around 10935 break where I said imbalance starts..that long profit gave some complacency to go slow in fast moving mkt 🙂
14:41 Jitender : no regrets..Rk
14:41 Jitender : super debut by u
14:41 Jitender : as long as we r in green
14:41 Santhanam : Rk got the first ball correct and lead to an excellent innings 🙂
14:41 Uttam : 🙂 RK had gone long in 11000pe at open as per plan for positional with SL below yesterday low but when you gave that long call scratched that & later again entered but wxited for intra gains
14:41 RK : no regret at all..just explaining how things can happen to you
14:41 RK : in a fast mkt
14:41 Uttam : yes RK +1
14:42 Uttam : actually that booking at 10985 when you felt exhaustion was a super signal for that pos short
14:42 Jitender : no end to hindsight in mkts
14:42 RK : true
14:42 Jitender : its the present n trades we take..tat count
14:42 Uttam : yes satyavachan Jit
14:43 MJ : RK you da man! 🙂
14:43 MJ : *Sends biryani to your pincode*
14:43 RK : my 2cents esp for you..if you are taking sm trade from your own analysis dont scratch it without a valid invalidation..(14:41) Uttam : 🙂 RK had gone long in 11000pe at open as per plan for positional with SL below yesterday low but when you gave that long call scratched that & later again entered but wxited for intra gains
14:43 Uttam : yes RK lesson learnt
14:43 Shai : one move still to 26875 pending
14:43 RK : let it be my call,Shai call,Jit view whatever it may be but your trade from your analysis should stay till SL or tgt
14:44 Uttam : and in fact that PE was gaining in pemium even as price had stalled
14:44 RK : thats because we spent hours to make plan and execute also properly..but we give up due to noise in live mkt..
14:44 Uttam : +1 RK it had a 2 ay balance at lows 11000pe
14:45 Jitender : beautiful Uttam….lets do it next time 2gether
14:45 Jitender : post it here
14:45 MJ : Yes Uttam. 🙂 will be great.
14:47 Kathir : uttam 11k pe low = 6 also 🙂
14:48 MJ : PCR close to 1.
14:48 Shai : Uttam share it here or on slack . I tell you you get more confidence to keep the trade 🙂
14:48 Shai : plus we all benefit 🙂
14:48 Vinay : 188475 COTS in one bar..
14:49 Shai : yeah those are cover orders at 10764
14:49 MJ : *LIC putting interns to press buy button*
14:50 MJ : This is settling at previous RO point shai? For dec expiry?
14:50 Jitender : tats one of yr blessings Shai (14:48) Shai : Uttam share it here or on slack . I tell you you get more confidence to keep the trade 🙂
14:50 Jitender : putting it out here gives anthr dimension to our thought process
14:50 Shai : Ni close below 10764 means bulls will bounce it to 10860 MOnday – (13:35) Shai : 10764 close will be sweet
14:51 Boppanna : close above Shai?
14:51 Shai : looks like it
14:51 Shai : supplu closed
14:53 Shai : anyone tracking PUT OI 10700, 10800?
14:54 Jitender : 2day sgx will behave 😉
14:55 MJ : Already copying this comment to save future search trouble.
14:56 RK : BNF low = 14th poc
14:57 RK : acceptance below this on Monday opens up another 300 points for it
14:57 RK : and that would match 10700 below in NF
14:58 RK : 27125 and 10840 wide poc now
14:58 RK : from the day
14:59 Uttam : sorry guys got disconnected & yes Jit / Shai / MJ will share these option set ups on slack whenever I find anything good, have just started to view options the MP way else till now it was more of price action
15:00 Kathir : jit vix steady right from open
15:00 Kathir : 15.7 now 9 % up
15:01 Shai : 10694 was also the wide POC of 12/12 but they spiked iy 3rd day in a row up catching players off
15:01 RK : yes
15:01 RK : move back there will settle the score
15:01 Shai : this bear of today would not allow a pass above 10860 now
15:01 Uttam : yes Shai which is why I also had that 10692 on NF
15:01 Jitender : fr yday close K
15:01 Shai : yes we have to move lower
15:01 Jitender : frm
15:02 Kathir : yes jit
15:02 RK : I have marked in my plan “move from 10590 is irrational”
15:02 RK : carrying this info everyday
15:02 Uttam : yes RK & you have told us about it also
15:04 Jitender : lowest qty traded fr such a day…14k+ options
15:05 Uttam : spike close coming?
15:06 Boppanna : Shai’s 764 they heard
15:06 RK : 864
15:06 Jitender : 865 pendn
15:06 Uttam : 3IB in NF needs to be tagged
15:06 Uttam : 10756 😉
15:07 MJ : 22 mins hai uttam aaram se.
15:07 Uttam : 10708 is the first ext handle
15:10 RK : Friday last 3mins profit booking or emotional selling?
15:10 RK : 30mins
15:11 Uttam : looks like profit booking RK considering US can bounce?
15:12 Uttam : or expecting a gap down after this profile?
15:12 Kathir : vix 16
15:12 RK : US on the edge of entering bear mkt..17% down from ATH now
15:12 RK : another 3% officially to call for bear mkt
15:12 Uttam : so do or die day for them
15:13 Uttam : and if they close lower then here also we can fall next week?
15:13 RK : yes Monday morning can be big IB
15:13 Uttam : so will be imp to enter pos at open?
15:14 RK : yes
15:14 Uttam : +1 RK
15:14 Praneeth : uttam, pls check ur slack once u get a chance
15:14 Praneeth : *slack DM
15:15 Boppanna : WIth holidays across globe I think Indian markets will be carrying all the load to help it get in sync until New Year 🙂
15:15 Uttam : hey Praneeth just replied
15:15 Uttam : (15:06) Uttam : 3IB in NF needs to be tagged(15:06) Uttam : 10756 😉
15:16 Uttam : Done
15:16 Shai : Guys I will be taking a break next week to catch up on Christmas festivities and family.
15:16 Uttam : oh yes Shai you deserve it 🙂
15:16 Shai : Enjoy your time here and will be back the following week.
15:17 Uttam : do have a festive time Shai
15:17 Shai : Trade safe .
15:17 Shai : Thank you Uttam
15:17 Jitender : tc Shai n happy festivities
15:17 RK : Merry Xmas Shai
15:17 Shai : Thank you Jit
15:17 Shai : Thank you RK
15:17 Boppanna : Happy Holidays Shai
15:17 Azmath : Merry Xmas Shai
15:17 Shai : Thank you Bopp
15:17 R Goel : Merry xmas Shai. have a great time off with yr family
15:17 Shai : Happy Holidays @all
15:18 Gaurav : have a great time Shai
15:18 Himanshu : Merry Xmas Shai and to your family
15:18 Rajiv : Happy Holidays Shai
15:18 Uttam : NF makes new low only to tag that 3IB I guess
15:18 Shai : Thank you Azmath, RG, Gaurav , Himanshu, Rajiv and everyone . Enjoy the break all of you too.
15:18 Uttam : BNF no where near its lows
15:18 Vinay : Enjoy Shai
15:19 RK : yes BNF diverged
15:19 Shai : Thank you Vinay
15:19 Dhaval : Happy Holidays Shai njoii
15:19 Uttam : RK what a messy bracket now we have 😉
15:19 Shai : Thank you Dhaval
15:19 RK : IF no overnight -ve clues then Monday early trade is 45deg to 10840
15:19 Vinay : Huge COTS now.. 1L+ for monday’s bounc?
15:20 Ashish : Happy Christmas Shai and enjoy your break
15:20 Uttam : yes RK unless carrying positional shorts not good to stay short here right?
15:20 RK : yes..
15:20 RK : 100 point move from this zone either side now
15:20 RK : 80-100
15:21 Shai : Thank you Ashish
15:21 RK : NF
15:21 Uttam : yep will check on which of the options will be best to play that also 🙂
15:21 Shai : yes NF poised wonderfully between 2 manjor VPoc’s
15:21 RK : and btw Suyog got NF almost close to his OTM now
15:21 MJ : Have a good break Shai. You deserve a nice break.
15:21 Uttam : yes RK, that guy has all the power
15:21 Uttam : 3 days to expiry & he is doing his magic
15:22 MJ : He is a wonderful statsman.
15:22 MJ : Kept having conversations with him.
15:23 Uttam : trend day down in both so today’s vwap will be imp leel for remaining of this series
15:23 RK : yes
15:23 Uttam : @Shai will it be possible to have NF Jan OF on JoinMe next week?
15:24 Uttam : dPOC shiting lower in NF RK?
15:25 Shai : yes Uttam
15:25 RK : in Shai charts yes
15:25 Shai : it’s there now
15:25 RK : TPO poc will be still up today
15:25 Uttam : thanks Shai
15:25 Uttam : yes RK +1
15:25 Shai : tpoc poc stil 842
15:26 RK : yes
15:26 Uttam : yep
15:26 Rajiv : Isn’t TPO POC at 10824
15:26 RK : stretched profiles and 45deg always based on TPO poc for me
15:26 Uttam : 10842 Rajiv
15:26 Uttam : 10824 has only 4 tpos
15:26 Uttam : great RK, thanks for this insight 🙂
15:26 Uttam : publish your book man
15:26 Praneeth : shai, pls llet me know if there’s change in usdinr view stayed above vwap for more than 2 hrs
15:26 Rajiv : Got it
15:27 RK : coz there is no meaning for value on stretched days
15:27 Uttam : 27090 in BNF
15:27 Uttam : yes RK so vwap & the TPO POC are levels which can be marked along with the vol POC?
15:27 RK : yes..on high imbalance days
15:28 Uttam : perfect
15:28 Rajiv : TPO POC and the Vwap is the same now any significance
15:29 RK : retest and rej is short Rajiv
15:29 Uttam : good resistance now & if gets above it then bearish picture changes
15:29 Jitender : bye all
15:29 Uttam : else the best place to enter short if gets rejected
15:29 Kathir : bye all
15:29 Rajiv : Great Thanks
15:29 Praneeth : bye all
15:29 Uttam : cheers Jit double khmaba time 🙂
15:29 Uttam : thanks All 🙂 have a lovely weekend
15:30 Jitender : triple 😉
15:30 Shai : Bye all
15:30 Uttam : amen Jit
15:30 Shai : Have a nice evening and a good weekend
15:30 Uttam : have super holidays Shai & do not worry about the room & markets for one week
15:32 Shai : sure Uttam 🙂
15:33 Vinay : bye all


09:39 Ashish : Shai, TCS downside intraday objective
09:52 MJ : Shai Id views for Maruti please. Thanks.
10:16 Santhanam : Mj…went short yesterday and closed today….. looks very weak now
10:16 Santhanam : should have waited 🙁
10:27 MJ : Santhanam was in few puts. Just closed 🙂
10:45 Santhanam : super
10:51 Gaurav : Shai can buy IndiaBull housing finance Dec-Jan?
11:25 Subhodeep : intraday obj for hul cmp 1825 1827
11:25 Subhodeep : shai plz
11:57 Shai : hul still headed lower intra obj now at 1809 sl of 1829
11:58 Shai : 1926 intra onj doenin TCS
11:59 Shai : very slim cahnce it can still do 1914-1912 if the market weakens further. TSL at 10936
12:00 Shai : maruti below 7516 intra obj
12:00 Shai : can move to 7500 is stays below 7516
12:01 MJ : 7616* You mean.
12:01 Shai : 7616 yes
12:04 Shai : india bulls this move can be a good buy. But I think you get better pricing at 815 than here at 834 for Jan that is. dec longs are booking out
12:05 Shai : sl will still be below 800
12:13 Gaurav : thanks shai
12:37 Subhodeep : shai hpcl intra obj?
12:45 Santhanam : Shai…. could the usdinr factor keep the markets going up…just asking?
12:45 Santhanam : could the markets end up higher if it hits say 64?
12:49 Shai : yes that is positive for markets. It is an inverse corelation
12:49 Santhanam : thanks
12:50 Shai : 249 intra obj hpcl
15:01 MJ : Shai: Maruti does 7555ish below 7616 🙂
15:06 Shai : +1