Many traders are used to viewing volume as a histogram beneath a price chart. But the OrderFlow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
BNF
Room Chat
08:49 Vtrender Live : (08:46) Vtrender Live: options link -https://join.me/411-142-287
(08:48) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/231623133
09:48 RK : (09:47) RK : Keep 50%25 NF Long at 10965 and another 50%25 at 10945 SL 10930 obj 11005
10:11 RK : (10:11) RK : (10:10) RK : Didnt get a fill..Revised entries now keep 50%25 at 10980 and 50%25 at 10960 SL 10940..Obj will update(09:47) RK : Keep 50%25 NF Long at 10965 and another 50%25 at 10945 SL 10930 obj 11005
13:42 RK : (13:42) RK : make exit 10982 and cancel pending order at 10960 (10:11) RK : (10:10) RK : Didnt get a fill..Revised entries now keep 50%25 at 10980 and 50%25 at 10960 SL 10940..Obj will update(09:47) RK : Keep 50%25 NF Long at 10965 and another 50%25 at 10945 SL 10930 obj 11005
13:53 RK : (13:52) RK : Long NF 10975 for 10995 SL 10955
15:03 RK : (15:03) RK : move SL to cost at 10975 (13:52) RK : Long NF 10975 for 10995 SL 10955
15:09 RK : (15:09) RK : out at cost (15:03) RK : move SL to cost at 10975 (13:52) RK : Long NF 10975 for 10995 SL 10955
08:46 Vtrender Live : options link -https://join.me/411-142-287
08:48 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/231623133
08:55 Shai : GM all
09:02 Shai : https://vtrender.in/weekly-charts-14th-jan-to-18th-jan-and-market-profile-analysis/
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-18th-jan/
09:02 Shubro : GM ALL
09:03 Uttam : Good Morning All 🙂
09:04 Vijayakumar : GM all
09:04 Azmath : GM
09:05 Gautam null : gm
09:06 Manjunath : GM all…
09:07 RK : GM Shai and all
09:08 Dhaval : GM
09:08 Amit : GM all.
09:08 Jitender : Gm Folks 🙂
09:08 TP : GM All.
09:09 Srinivas : gm all
09:14 Vinay : GM all
09:17 Subhodeep : gm all
09:19 R Goel : GM all
09:20 R Goel : is truedata working ??
09:20 Uttam : restarted it RG as was not updating
09:20 R Goel : okay thanks uttam
09:23 Francis : TD still not working for me 🙁
09:24 Azmath : they have some issues, they are working on it
09:25 Uttam : ohhh that mwans missing data again
09:25 Uttam : mean*
09:26 Uttam : BNF seems to have moved away from that prominent POC byut no vols for a drive
09:26 Uttam : still below Friday lows
09:30 Boppanna : Low so far 449 c) The auction will be weak if stays below 27560 for a probe lower to 27477-448 with 27505 being a minor support
09:31 Shai : +1
09:32 Gautam null : hi. am. new here. what is+1
09:32 Siddharth : hlo i am new here please gauide me not able to understand
09:33 Uttam : hi Gautam & Siddharth, welcome to VT
09:33 Uttam : have you guys been able to go through the links in the welcome mail?
09:33 Uttam : NF on for 80%
09:33 Gautam null : yes
09:33 Uttam : ?
09:34 Siddharth : yes
09:34 Siddharth : but slack not able to understand
09:35 Uttam : will call you both after market today
09:35 Siddharth : ok sir
09:35 Uttam : for now you can just observe whats happening in the room & take teh calls if any come by
09:35 Gautam null : ok sir
09:35 Uttam : and please no sir 🙂
09:36 Siddharth : now please tell whee the calls will came to see for today
09:36 Uttam : (09:33) Uttam : NF on for 80%….Done
09:36 Gautam null : ok
09:36 Shai : Please go through the welcome videos sent in the kit
09:36 Shai : we cannot help you if you do not help yourselves
09:37 Subhodeep : hi shai 958 on the nif still reference ?
09:37 Shai : yes
09:38 Uttam : BNF trying to get back into pday range
09:38 Uttam : NF does 80% of composite bell
09:38 Uttam : 10917-10350
09:39 Boppanna : 10950
09:39 Uttam : sorry yes 🙂
09:39 Boppanna : BNF looking for 560 above 530
09:39 Uttam : NF can give a late open test drive here Shai?
09:40 Subhodeep : lets get 999 now plz
09:40 Uttam : boom boom
09:40 Manjunath : volume picking up?
09:40 Shai : BNF just swept thru
09:41 TP : Hdfcbank pulling it .
09:41 Azmath : Uttam, facing issues with live omnovia charts. they are lagging. 30 mins goto meeting charts working fine thou. I tried on my laptop as well.. still same issue. how can i fix this any idea
09:41 Uttam : 10995 is also an extension handle in NF
09:42 Uttam : 10999 1atr from multiday FA of 10884
09:43 Uttam : Azmath could be issue cos of internet speed
09:43 Boppanna : If 550 sustains may be heading here b) Above 27624, BNF can tag 27680 & the VPOC of 27748
09:43 Uttam : onmavia needs good speed
09:43 Uttam : whereas goto is browser based
09:44 Uttam : 5L vols in NF on that 5min bar
09:44 Uttam : 10999 coming looks like
09:44 TP : Uttam volumes ok for first 30 min , need a drive today clear trend day 😉
09:44 Uttam : BNf confirming an ORR?
09:44 Shai : BNF may tap that 27625 seller here
09:44 Subhodeep : gm jit
09:45 Uttam : Tej vols were low to begin with but now vols coming in
09:45 Uttam : 15min vol was below avg
09:45 Uttam : open test drive in NF I guess \
09:45 Uttam : chekced lower found no new sellers & now boom
09:45 Uttam : 27624 here in BNF
09:46 Boppanna : Shai can hold to BNF or book if in ?
09:46 Shai : book
09:46 TP : tks Uttam .
09:46 Shai : 27624.6- (09:44) Shai : BNF may tap that 27625 seller here
09:46 Boppanna : thx
09:46 Shai : 27560 is the OF supp
09:46 Shai : 27520 second 1
09:47 Uttam : A period singles in both
09:47 Azmath : using Act net..
09:47 Uttam : NF already above previous week’s high
09:47 Uttam : BNF needs to follow suit now
09:47 RK : Keep 50% NF Long at 10965 and another 50% at 10945 SL 10930 obj 11005
09:50 Shai : that leg up above 27520 caught shorts off
09:50 Boppanna : +1
09:51 Subhodeep : shai if and when you have time please do check the other tab:)
09:52 Uttam : (09:41) Uttam : 10995 is also an extension handle in NF….10994 so far in NF
09:53 TP : Uttam now just hold it , no reversal let’s do a classic trend day 🙂
09:53 Uttam : yes Tej we are movign away from a composite
09:54 Uttam : so very much possible
09:54 TP : +1
09:54 Uttam : 10998
09:54 RK : not expecting a trend day
09:55 TP : Ok SL in system then RK 😉
09:57 RK : if TD resumes pls update here guys..
09:58 TP : Sure but data will be missing till EOD .
09:58 Gautam null : book profits
10:00 Subhodeep : 99 done
10:00 Subhodeep : 999*
10:01 Manjunath : IB 101.3
10:01 RK : yes Tej
10:09 Uttam : big IB so you looking at a ‘p’ today RK?
10:10 Shai : 27673 completes the move up from 27520
10:10 Uttam : BNF has not moves out of the composite still
10:10 RK : Didnt get a fill..Revised entries now keep 50% at 10980 and 50% at 10960 SL 10940..Obj will update
10:11 RK : (10:10) RK : Didnt get a fill..Revised entries now keep 50% at 10980 and 50% at 10960 SL 10940..Obj will update(09:47) RK : Keep 50% NF Long at 10965 and another 50% at 10945 SL 10930 obj 11005
10:11 RK : Yes Uttam..either no trend day or could be 200+ day..lets see
10:12 Azmath : TD Cable cut.. looks like whole day its gone again
10:12 RK : Nice to hear Azmath
10:12 RK : good start for the week
10:12 Azmath : 🙁
10:12 Uttam : they have same mail ready
10:13 Azmath : yep standard format.. copy paste
10:14 Jitender : some druggie wud have taken thoose cables out for copper (10:12) Azmath : TD Cable cut.. looks like whole day its gone again
10:14 Jitender : happens here in our glorious state
10:15 Jitender : wud be mtnl/bsnl link
10:20 MJ : Hahaha Jit 😀
10:20 MJ : Bossman kudos for 999.
10:20 Subhodeep : good mrng mj
10:20 MJ : Kept few to exit for 11001 🙂
10:21 MJ : Good morning S.
10:21 MJ : Jit DT in one trade 🙂 rare days.
10:22 Jitender : +1
10:22 Jitender : rksv decided to refund my entire a/con saturday nite…sayn sum qtrly sebi thingie
10:22 Jitender : the cust care has no clue
10:22 Subhodeep : yeah they do this qtrly settelment
10:23 Subhodeep : in all brokers
10:23 Subhodeep : except probably icici direct
10:23 Jitender : but on 19th of the month for Jan-Mar 19
10:23 Jitender : wen the qtr has started
10:23 Jitender : shubho its for dormant a/cs i think
10:23 Jitender : rest is reportn of figures
10:24 Jitender : so no trades since morn..just watchn..till fund credit happens
10:25 Subhodeep : even for active accnt there is this directive from sebi to move money in all accnt back to sb and then again you got to do the operation of getting back
10:25 Subhodeep : hehe
10:25 Jitender : hmmm
10:25 Jitender : happened first time with me
10:25 Jitender : zerodha didnt do it
10:25 Subhodeep : its a monthly/qtrly pheno with me
10:26 Subhodeep : i trade witha broker called sasonline
10:26 Subhodeep : for the nifty adn bnifty fff
10:27 Jitender : k
10:29 Shubro : zerodha got this option to park it with a money market fund and then reversal
10:30 Shubro : so u dont get into this hassle of funding account
10:31 Jitender : k
10:34 Uttam : 14:52 Uttam : till the time that 10900ce+pe does not get above 245 & sustains there is no trend coming in NF
10:34 Uttam : 14:55 Uttam : 275 in the 10800 combo Shai the level where it could signal a trending move coming
10:35 Manjunath : Uttam…When you have some time can you please post those straddle charts ?
10:37 Uttam : now for the move to continue higher 11000 straddle needs to get above 232-235 & sustain
10:37 Uttam : 222 now
10:38 Shubro : Uttam when time permits coudl you explain the reason there?
10:38 Shubro : why those numbers for the straddle
10:38 Shubro : *could
10:40 Uttam : when we trend in one direction either the Ce or the PE will continue to gain and if upmove then CE will gain more than what PE loses therefore the straddle will keep climbing higher
10:40 Uttam : 10800 & 10900 straddles have given a buy
10:41 MJ : Uttam Thanks. How do you determine SL for it?
10:41 Uttam : so now if trend has to move higher the next straddle of 11k also needs to give a buy
10:41 Shai : 27560 SUPP- (10:10) Shai : 27673 completes the move up from 27520
10:41 Shai : whiuch is this- (09:46) Shai : 27560 is the OF supp
10:42 Shai : 27560- 27674 range oer the OF
10:42 MJ : @Uttam Can you share those straddle charts?
10:42 Shai : Thanks Uttam – (10:34) Uttam : 14:55 Uttam : 275 in the 10800 combo Shai the level where it could signal a trending move coming
10:42 Uttam : Mihir the straddle is not a trade but just for directional view, if straddle is trending then go in for the Ce or Pe which is rising
10:42 Shubro : great Uttam got it
10:43 Shai : where is 10900 ce pe now?
10:43 Subhodeep : @166 odd shubro
10:43 Uttam : now in 10800 straddle needs to remain above the breakout level of 270-275
10:43 MJ : Oh okay like a watchout level.
10:43 Uttam : if goes back below 270 means sideways move or market reversing
10:43 Uttam : 299 that 10800 straddle now is
10:44 Uttam : 10900 combo at 250
10:44 MJ : Shai bnf needs to clear that 620 650 zone?
10:45 Shai : yes for more
10:45 Uttam : 10900 combo needs to stay above 235 now
10:46 Uttam : and these straddles are best watched on 15min timeframe
10:46 Uttam : cut down the whips
10:46 Manjunath : there’s a good video about straddles by AP
10:46 MJ : @Uttam apart from amibroker. Is there a way to plot them together on any charting platform?
10:47 Uttam : yes Manjunath, I had learnt this also from him long back
10:47 Manjunath : +1 Uttam
10:47 Shubro : is that video available Manjunath?
10:48 Manjunath : https://www.youtube.com/watch?v=VPhlp0SfYIo
10:48 Shubro : its a very useful thing guys
10:48 Uttam : post them on slack guys not here
10:48 Shubro : so Uttam are you adding up the ATM values to arrive at the number?
10:48 Manjunath : Sorry….How do I remove it?
10:48 Shubro : right
10:49 MJ : Posted.
10:49 MJ : Re-posted.
10:49 Manjunath : Thanks MJ
10:51 Uttam : Done
10:51 Manjunath : tks
10:51 MJ : Take 568 once?
10:52 Uttam : good that there was no C side extension today 🙂
10:52 MJ : Lol
10:52 Uttam : Tej wants a clean trend day
10:52 MJ : TP today is someone watching you trade 🙂
10:54 MJ : Manjunath. How do you watch straddle together?
10:54 MJ : Any opensource way to check them?
10:54 Manjunath : opensource, I am not aware. There might be some afl’s for amibroker.
10:56 Manjunath : It can be plotted on NT also I belive…have to check it
10:58 Uttam : 27700 coming in BNf today looks like
10:59 Manjunath : NF close today will be intresting to watch out…
10:59 Uttam : 26560 morning singles in BNf & 10968 in NF
10:59 Uttam : till they are holding we could close at highs today
11:00 Manjunath : Not much premium in NF now
11:00 Manjunath : for futures
11:01 Jitender : 67 points in nf =ril+hdfcbnk+infy
11:03 MJ : +1 J.
11:03 MJ : Reminds me when 5 biggiesran NF show.
11:06 MJ : Jit any number to watch in bnf?
11:08 Himanshu : rk uttam shai its OTD today?
11:08 Uttam : NF OTD up
11:08 Uttam : BNF ORR
11:09 Himanshu : yeah.. for NF so VWAP holds the key now?
11:09 Uttam : yes and that 10960 is imp level to hold also as NF was getting resisted there multiple times
11:09 MJ : 571.. (10:51) MJ : Take 568 once?
11:10 Himanshu : yesss
11:11 Jitender : M (10:41) (09:46) Shai : 27560 is the OF supp
11:11 Subhodeep : below that 27520 jt acc to shai
11:11 MJ : Chats eaten up. Thanks J.
11:11 Uttam : yes Jit morning singles also start from there and is the opening price of today
11:13 Jitender : k
11:13 Subhodeep : @rfk 980 active?
11:13 Uttam : 27571-27449 is the A period singles
11:13 RK : yes
11:16 Aman : what is the significance of POC vol in 5 min NF OF chart?
11:18 Shai : to spor RB and RS
11:18 Shai : spot*
11:18 Shai : 10968 sipp for the P
11:22 Aman : can u explain lil may be here or in learning startegies?
11:24 TP : not happening :(….(10:52) Uttam : Tej wants a clean trend day
11:24 Uttam : RK’s orders 😉
11:24 TP : none , had stepped out for a while …(10:52) MJ : TP today is someone watching you trade :).
11:25 TP : bots obey …(11:24) Uttam : RK’s orders 😉
11:25 Uttam : yep
11:25 Ravi : Uttam P profile in both?
11:26 Uttam : in NF Ravi
11:26 Uttam : BNF has a tail at both ends for now
11:26 Ravi : Ok Uttam
11:27 TP : Is the vix spike 9% due to option margin increase ?
11:28 Shai : budget
11:28 Shai : seasonal
11:28 TP : tks chief.
11:30 Uttam : TD still down?
11:30 Shai : 27520 test due
11:30 Shai : not much demand at vwap
11:32 Uttam : but one 13200 red stuck at 27550 Shai
11:33 Shai : yes
11:33 Shai : that should be visited
11:35 Manjunath : RK – When you mentioned 50% at 10960, vwap was at 10960. But Now VWAP moved to 10966. Is the 2nd entry point still the same? Just curious to know…
11:35 RK : yes..VWAP got less conviction here now then its turning into P
11:36 RK : *as its
11:36 Subhodeep : @rk should we keep 960 long open on nf?
11:37 RK : thats the plan as of now
11:37 Manjunath : Thanks RK
11:37 Subhodeep : noted rk
11:37 Subhodeep : thanks
11:42 MJ : Kotak result today?
11:44 MJ : Nope out sorry. My bad. Ignore..
11:45 Jitender : out..wen ?
11:45 MJ : Result calendar says 1/11
11:45 Jitender : no
11:45 Jitender : its 2day
11:45 MJ : that was ktk bank.
11:45 MJ : Sorry room.
11:49 Subhodeep : kotak today results
11:57 Uttam : ledge in BNf RK?
11:57 Uttam : 27590
11:58 MJ : Looks like. 603 todo Uttam.
11:58 RK : no idea Uttam as I dont have charts..
11:58 Uttam : I am also watching the room profile charts 🙂
11:58 MJ : Price hovering there.
11:58 RK : will go for backup feed subscription today
11:58 RK : GDFL or maybe esignal
11:59 TP : But ledge has no importance in elongated profile ?
11:59 RK : GDFL any feedback folks?
11:59 TP : If you go for esignal , ping me the details RK.
11:59 RK : sure Tej
11:59 Uttam : I was thinking of giving up GDFL & have only TD but changed my mind after last week’s issue
11:59 Uttam : renewing the annual pack of GDFL now
12:00 Uttam : next week it was due
12:00 MJ : RK/Uttam. Wider IB. Does it look like we are staying inside for the entire day?
12:00 MJ : for BNF.
12:00 RK : Mihir expecting action later in the day
12:00 Uttam : but will continue to use TD for profile charts as dont want to depend only on one
12:00 Uttam : +1 RK was abt to say the same
12:01 Manjunath : TrueData having problems since last 3-4 months…
12:01 Subhodeep : @uttam TD a full form ?
12:01 Pradeep : Uttam TD means TrueDisater
12:01 Uttam : lol Pradeep
12:01 Pradeep : I gave up on it long time back
12:01 Subhodeep : true data i get it
12:01 Uttam : I am using it for more than 2 years now and find it good for profile charts
12:01 RK : Uttam my suggestion dont go for any annual package for any service..
12:02 Uttam : RK GDFL last year was my first time of annual subscription & did not have a single issue with them
12:02 Pradeep : 🙂
12:02 Uttam : plus they give good discount if go for yearly plan
12:03 RK : good..but not only for service but if you get good competitive service could not switch for long time due to yearly commitment
12:03 Uttam : yes that is there actually
12:03 Uttam : TrueData plus point is I get live spot data with any pack I take
12:04 Uttam : but in GDFL you need to pay seperately for spot
12:04 Francis : The issue with GDFL is every time you need to select symbols in their screen, TD is good in that manner plug and play
12:04 RK : tks Francis..but only the index play means thats manageable I think
12:04 Uttam : @Francis you only need to add new symbols once right?
12:05 Francis : once every expiry… that was when i was using GDFL not sure now if it has changed
12:05 Uttam : yep once every expiry & now every weekly expiry too
12:06 Francis : hehe 🙂
12:06 Uttam : which one are you using now?
12:06 Francis : Truedata
12:06 MJ : 970 break abhiyan is chalu.
12:06 Uttam : lol shoyld have guessed no wonder all of us have so much time to chat
12:06 Shubro : hahaha good one Uttam +1
12:06 Francis : esignal is costly $185 for the 1st month
12:07 Francis : e-signal Your first month’s total, which includes a $25 activation charge and 18% GST, is $283.20. If you cancel within 30-days for any reason at all, eSignal can only refund you back the software cost: $79.00. All other fees are non-refundable.
12:07 Uttam : BNf needs to fill upper part of ‘p’ & NF the lower part
12:07 Uttam : oh ok Francis
12:08 Uttam : and whats the monthly cost after the firts month
12:09 Francis : i think it was around 200 can’t remember
12:11 MJ : Shai’s men guarding 550 560
12:16 Subhodeep : @jit any new development on the brexit front?
12:17 Jitender : none
12:18 MJ : Jit spx all is well since morning?
12:18 Jitender : yh..nuthn 2 pay attn 2 as of now
12:18 Boppanna : us markets closed today
12:19 Boppanna : US
12:19 Subhodeep : +1bop
12:19 Jitender : ys
12:19 MJ : Oh okay.
12:24 Ravi : RK ur 10750 reference is still holding?
12:24 RK : yes as long NF wont make value above 11020
12:25 Ravi : Tq RK
12:31 Shai : there is a lot of breakup in the charges – have to read the print carefully – (12:07) Francis : e-signal Your first month’s total, which includes a $25 activation charge and 18% GST, is $283.20. If you cancel within 30-days for any reason at all, eSignal can only refund you back the software cost: $79.00. All other fees are non-refundable.
12:31 Shai : choices are NSE cash, NSE fno, NSE currencies, Mcx
12:31 Shai : can take all 4 or either
12:32 Shai : but yes even though price is high it is extremely dependable
12:32 Shai : and for a program which has Orderflow is extremely accurate
12:33 Gautam null : buyers in bnf
12:33 Shai : A few guys were asking me about the tick data for Order flow yesterday oin twitter
12:34 Shai : for the benefit of this room a few points
12:34 Shai : you don’t need pure tick by tick data for Order flow
12:34 Gautam null : big buyers in bnf
12:34 Shai : esignal does a sweep every 500 millseconnds and that is enough
12:34 Shai : the remaining guys do it every 1 second
12:35 Shai : Orderflow runs on tick increaments which for NSE is 0.05 paise
12:35 Shai : as long as we have every 5 paise taken care of we are fine with the Orderflow
12:36 Shai : we do not need to know every tick which makes that 5 paise up
12:36 RK : Shai handling data I mean storage you need large space with esignal data?
12:36 Shai : yes you do
12:36 Shai : I store a max of 25 days
12:36 RK : ok
12:37 Shai : beyond that it slows the machine down
12:37 RK : yes
12:37 TP : Looks like Kotak numbers about to come up BNF getting excited.
12:37 Shai : 27627 still the ref number
12:38 MJ : Yes TP.
12:38 MJ : 12:52 last quarter.
12:39 Jitender : out
12:39 TP : 😉
12:39 MJ : Lo Ji.
12:41 TP : Numbers look in line
12:42 Gautam null : 27670
12:43 MJ : Take it higher fellas!
12:49 Subhodeep : mj 947 nahi dekhna?
12:49 Subhodeep : 🙂
12:50 Manjunath : VIX increasing?
12:50 MJ : 🙂
12:50 Manjunath : Should have atleast stayed at the same level when markets going up right…
12:51 Manjunath : was at 16.6 last week…now 18.15
12:52 Uttam : as markets move higher more hedges will also happen Manjunath
12:56 Manjunath : ok..tks….haven’t observed this before. Have only seen VIX cools off a bit when mkt goes up.
12:58 Uttam : plus as Shai mentioned in the morning this is the build up for the budget so expect Vix now to keep going higher till event
12:58 Manjunath : oh…alright
12:58 Manjunath : makes sense…thanks
13:02 MJ : Uttam taking his 700 IMO.
13:04 Uttam : BNF needs to sustain above 27625
13:04 MJ : Yeah uttam that is like one stone since last week.
13:07 Azmath : profile needs filling on top side for a P.. can we see a P extension ?
13:08 MJ : 144 to 178. 27600 ce.
13:08 MJ : Dil mange moreeeee.
13:17 MJ : Looks like Azmath.
13:24 Uttam : (13:04) Uttam : BNF needs to sustain above 27625…BNF doing this
13:25 Boppanna : +1 12:37 Shai : 27627 still the ref number
13:26 MJ : Bopp that 560 also worked so well.
13:26 Shai : up for thise morning singles nopw
13:26 Shai : 617 SAR again for 580/ 560
13:26 MJ : dips were perfect buy.
13:27 MJ : +1 chief.
13:27 MJ : Utttam wants his 700.
13:27 MJ : Lets give him and get a little down.
13:29 Uttam : TrueData is TrulyDead?
13:30 Uttam : still not up?
13:34 Uttam : NF to repair poor highs?
13:36 Uttam : BNf low in this dip 27623.5
13:38 MJ : 19k guy excited too early?
13:40 MJ : has foundry of greens below him though.
13:42 Boppanna : BNF
13:42 RK : make exit 10982 and cancel pending order at 10960 (10:11) RK : (10:10) RK : Didnt get a fill..Revised entries now keep 50% at 10980 and 50% at 10960 SL 10940..Obj will update(09:47) RK : Keep 50% NF Long at 10965 and another 50% at 10945 SL 10930 obj 11005
13:42 Boppanna : SAR
13:44 Shai : yes
13:45 Uttam : inventory adjustement coming in NF RK?
13:45 RK : could chop 10950-10990 and trend beyond
13:46 Shai : plenty of chop today
13:46 Shai : keeping locals between dvah and dval
13:46 RK : seems for another 40 mins
13:46 RK : 2.30 might give a move
13:46 Uttam : +1 Shai / RK
13:50 Uttam : big reds in NF?
13:50 Uttam : -33k COt & -50K Cot on 5mins
13:50 Shai : liquidation break
13:50 Uttam : (13:45) Uttam : inventory adjustement coming in NF RK? happening
13:50 Shai : ye sinv 4
13:50 Uttam : yes Shai
13:51 Shai : 27577- (13:26) Shai : 617 SAR again for 580/ 560
13:51 Shai : 627 again a res now
13:51 Shai : that morning guy at 560 still holding this
13:51 Uttam : +1 Shai
13:52 Ravi : 22K + 13K struck seller uttam?
13:52 Uttam : these are all the weak longs getting beaten out
13:52 RK : Long NF 10975 for 10995 SL 10955
14:14 RK : Shai can you split NF profile for a moment?
14:17 Shai : 10 tpo wide
14:18 RK : could you pls split letter wise for a moment?
14:18 RK : need to have a look at split profile
14:18 Shai : done already
14:18 RK : thanks seen it now
14:19 Shai : 10 tpo wide makes it diff to move today
14:19 RK : yes
14:26 Subhodeep : p in formation @rk @uttam?
14:27 RK : very much
14:29 RK : 2.30..stop or obj?
14:31 Subhodeep : stop presumably ..
14:31 Subhodeep : 🙂
14:31 Subhodeep : position bias in my comment though
14:32 Azmath : Why Subhodeep.. what do you see.. I see we need a fill on top
14:33 Subhodeep : the whole day we have not been able to take out the poor high
14:33 Boppanna : BNF can you get away from 560 in this last hr anyside fine
14:33 Subhodeep : and we have struggled at 970 and my observation on the data says that when the door knocks south generally south it is
14:34 RK : BNf one trip due at 640
14:34 RK : 550 negates
14:34 Azmath : hmm… Ok, same time we can stil have that Poor High on top and still smoothen the P on top. Just my observation
14:35 Ravi : make it 750 plz(14:33) Subhodeep : and we have struggled at 970 and my observation on the data says that when the door knocks south generally south it is
14:35 Subhodeep : whole day stick in the test rangeof the morning and we are inside ib a swell
14:36 Azmath : Problem is not enuf volumes coming in.. based on that we can say we can slide down without vols.. if it comes
14:36 Subhodeep : shall look up to the masters to provide guidance shai rk jit mj bops
14:37 Subhodeep : (14:36) Azmath : Problem is not enuf volumes coming in.. based on that we can say we can slide down without vols.. if it comes+1
14:38 Azmath : US Markets Holiday today
14:40 Boppanna : learner here here Subh
14:41 Subhodeep : you being humble (14:40) Boppanna : learner here here Subh’
14:46 Subhodeep : +1(14:40) Boppanna : learner here here Subh
14:49 Uttam : p+spike coming in both>
14:49 Uttam : ?
14:50 Ravi : Which side Uttam?(14:49) Uttam : p+spike coming in both>
14:50 Uttam : spike can happein in only one direction today Ravi
14:50 Uttam : unless we break the IBL
14:50 Ravi : Ok Uttam Tq
15:03 RK : move SL to cost at 10975 (13:52) RK : Long NF 10975 for 10995 SL 10955
15:04 Subhodeep : poc area seems to be pulling it like a magnet no matter which side it tries to go 🙂
15:05 Shubro : nice little P day for NF
15:05 Shubro : even BNF
15:06 Shubro : RK hypo for next few days?
15:06 Himanshu : shari rk.. NF is a breakout from bracket?
15:07 Shai : No
15:08 Shai : dec highs not take out
15:08 Shai : short covering but no follow up buying today
15:08 Shubro : thats what Shai was thinking…so this is still either way?
15:09 Shubro : BNF still in bracket …so unless BNF gives then NF likely to be hopping?
15:09 Shubro : and NF likely to get back into bracket?
15:09 RK : out at cost (15:03) RK : move SL to cost at 10975 (13:52) RK : Long NF 10975 for 10995 SL 10955
15:10 Shai : yes no follow up
15:10 Shai : a good breakout would have seen a range extension
15:10 Subhodeep : @shai dece high nf 11006.xx?
15:10 Shai : may still come tom but for today we stay here
15:10 Shubro : nice Shai thx
15:11 Shai : yes around that number
15:11 Subhodeep : noted
15:11 Shai : numbers don’t mean anythiung to us , we want to see acceotance above it in terms of value
15:12 Subhodeep : ok
15:13 Himanshu : ok shai
15:13 Shubro : i still remember RK from Friday…nifty might go 750 once before getting up
15:13 Subhodeep : ravi would be so happ yw ith that
15:13 Subhodeep : 🙂
15:13 Shubro : case building RK still or negated?
15:13 RK : yes..as of now hypo for swing is to look 10750 type
15:13 Shubro : noted. thanks
15:13 RK : and that could be quick in 2-3 days
15:14 Ravi : Yes Subhodeep (15:13) Subhodeep : ravi would be so happ yw ith that
15:16 RK : tmw incase of gap up above 11020 then reduce bearish bias
15:16 Ravi : OK RK
15:22 Subhodeep : thanks ppl have a lvely evning …
15:22 Boppanna : Shai could open here again tomorrow BNF?
15:23 Shai : 4 day value here so should come back here
15:23 Shai : I’m leaving a bit early today guys
15:23 Shai : Have a nice evening all
15:23 Boppanna : ok thx bye
15:23 Uttam : thanks Shai 🙂
15:24 Gautam null : bye
15:24 Ravi : Uttam 11K straddle is below 232 is there any significance to this?
15:25 Uttam : no longer trending Nf is but till that straddle stays above 225 PLR still up
15:25 Uttam : today rise in VIx also helped it I guess
15:25 Ravi : Tq Uttam
15:27 TP : Nifty is up approx 105 point YTD….RIL contribution to same is approx 95 point
15:28 Uttam : 1L red in NF?
15:28 Azmath : 1L seller
15:28 TP : algo
15:29 Ravi : Probably 1lak buyer at 10855 exit Uttam
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 TP : Bye All.
15:30 Ravi : Tq all Bye
09:09 TP : Shai levels to watch on HDFCBANK, id.
09:37 Subhodeep : asian paints id obj shaui plz
09:41 Subhodeep : united spirits id obj plz
10:11 Shai : just as a reminder again –the stocks tab is used post IB for views and readings . In the IB the entire focus is on the index
10:14 Shai : hdfc bank drive up abv 2137 ha sobj at 2147 done and 2155
10:14 Shai : supp at 2137 for day
10:15 TP : tks chief.
10:17 Shai : asian strong abv 1407 today for 1415 and 1419
10:18 Shai : is also an SAR below 1405 for 1392
10:18 Subhodeep : noted shai thanks
10:18 Shai : 596 has profit booking in mcd
10:19 Shai : 589 supp
10:19 Uttam : Shai DRReddy above 2630 can do 2670?
10:24 Shai : yes 2670 looks doable
10:24 Shai : watch 2610 zone
10:24 Shai : should not go below
10:24 Uttam : thanks Shai
10:56 MJ : Shai hdfc done and dusted 🙂 2164
10:56 Shai : +1
13:06 Uttam : Shai TCS can be taken fresh long here?
13:15 Shai : RS is there at 1933 today
13:16 Shai : 1910 is a supp
13:16 Shai : not clear
13:18 Uttam : thanks Shai so it holds 1910 by close today can be a long but needs to get above that 1933 for further confirmation/?
13:20 Shai : yes
13:20 Shai : buyers have to repond 1910
13:21 Uttam : thanks Shai, will check what happens at 1910 then to take a call 🙂
13:22 Uttam : incidentally today morning singles also there 1910 & 1905 so entry there needs to be reejcted for upside confirmation