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
09:43 Shai : (09:43) Shai : Intra – Buy 30600 pe at 245 sl of 165 tgt 390.
09:54 Shai : (09:54) Shai : Reduce 50%25 of the BN 30600 pe near 270 . Ride some at 240 cost
10:18 Shai : (10:18) Shai : Book out the 30600 pe at 250 cmp
12:54 Shai : Intra – short BNF 30645- 650 sl of 30741 tgt 30533
13:55 Shai : (13:55) Shai : BNF 30570 . Book fully near tgt
15:16 Shai : (15:15) Shai : BTST – Buy 11700 call at 109 and sell 11800 call at 53 for a net of 55-56 sl of 17 tgt 87.
08:58 Krishan : gm
09:02 Shai : GM all
09:04 Vishal : Good Morning
09:05 Shubro : GM all
09:06 Uttam : Good Morning All 🙂
09:07 Kiran : Good Morning
09:08 Yogesh : GM….ALL
09:09 Sujeet : GM All..
09:09 Shai : https://vtrender.in/market-profile-analysis-dated-20th-june/
09:09 Amjad : gm all
09:15 Shai : BNF weak start
09:15 Shai : 30550 possible on this open
09:15 Shai : has the weaker COT
09:16 Uttam : dPOC had shifted to highs at close in BNF at 30770 so those sellers pushing this down Shai?
09:16 Anubhav null : nice open
09:16 Uttam : NF testing that ext handle of 11807
09:17 Govind : Yes Uttam
09:18 Rushabh : 11810 did break shai
09:18 Shai : yes 30740- 775 supply band
09:20 Anubhav null : safe long entry
09:20 Anubhav null : breakout level retest
09:21 Uttam : nice greens in NF
09:21 Uttam : 55k COT on this 5min bar
09:22 Anubhav null : now we can goto 11915
09:22 Anubhav null : 31000 bnf
09:22 Uttam : BNF also shwoing some demand at lows
09:28 Govind : HDFC twins are slowing things down
09:29 Sujeet : Why COT in both BN and Nifty in contra mode? Any clues from here?
09:29 Narendra : Crude is heading higher again and global markets are down …… better to wait and watch for sometime
09:30 Uttam : yep OAIR and low vol start & we had a trend day yesterday so calls for some consolidation
09:32 Narendra : may be a consolidation day
09:33 Shai : yes gone 2 way
09:35 Narendra : 2DT done in Indiabulls ….. now I will wait for indices to give clear signal on either side (in short Shai’s call) ….. till then no more trade
09:37 Uttam : nice Narendra 🙂 congrats
09:37 Narendra : Thanks Uttam.
09:39 Govind : Congrats Naren!
09:39 Narendra : Thanks
09:39 Anubhav null : its a sell if spke lows break uttam?
09:40 Uttam : was trend day yesterday Anubhav so not taking it as a spike
09:40 Uttam : yesterdays POC & VWAP imp levels on watch
09:40 Uttam : and 11778 which is the comp VAH
09:40 Narendra : look at Jet ….. all those bought the last minute spike yesterday are stuck very badly ….. though it is out of F&O ban the cash is stuck at lower circuit
09:41 Rushabh : poc is 11760 right?
09:42 Uttam : yep
09:43 Rushabh : uttam on trend days vah and val dont matter right or am i wrong?
09:43 Narendra : @ Shai Sir ….. Any significant upside only if NF sustains above 11823?
09:43 Shai : Intra – Buy 30600 pe at 245 sl of 165 tgt 390.
09:44 Jay N : 30600 pe cmp 346
09:45 Jay N : sorry
09:45 Jay N : i got 4th july one
09:46 Jitender : so DII figures cnfrmed wat i have been sayn since wed…tat ……
09:47 Jitender : dii hv started palyn expiry
09:48 Boppanna : +1
09:49 Shai : (09:15) Shai : BNF weak start(09:15) Shai : 30550 possible on this open(09:15) Shai : has the weaker COT
09:49 Shai : stopped here at supply- (09:18) Shai : yes 30740- 775 supply band
09:50 Narendra : got out 50% 30600PE at 272 ….. will hold the rest with SL at cost
09:51 Narendra : bought at 243
09:52 Jitender : +1
09:54 Shai : Reduce 50% of the BN 30600 pe near 270 . Ride some at 240 cost
09:55 Uttam : 30600ce bring written
09:57 Narendra : I think BN(Spot) will take some time to break that 580-600 zone ….. it won’t be a smooth fall til it breaks this zone with volumes ….. am I right Shai?
09:57 Uttam : d) Below 11820, lower levels of 11800-792 & 11778 could be tagged…low in NF so far 11792
09:58 Uttam : b) Staying below 30765, the auction can test 30726-698 / 30614 & 30562-548….30548 imp level in BNF to hold
09:58 Shai : 30655- 30672 new supply band now in BNF
09:58 Shai : planning to holdthe pe as long as it is below it
09:58 Uttam : 11820 in NF now supply Shai?
09:59 Shai : the put is not behaving as well
09:59 MJ : 11790 23rd composite VAL too Uttam
10:00 Shai : plan is to get the F to 30400F
10:00 Uttam : that is for May NF or Jun NF Mihir?
10:01 MJ : Mplite reference.
10:01 Uttam : so better to take ref after new series starts as it will give mixed levels then
10:02 Uttam : just like that May OF chart you had posted on slack which was May OF so we cannot take that ref while trading June NF
10:02 Uttam : for this Spot helps with the levels
10:02 MJ : 11754 spot levels.
10:02 MJ : VAL.
10:02 Uttam : yep that would be a good ref
10:02 MJ : Point noted sire,
10:03 Uttam : _/\_
10:04 Uttam : NF COT in plus but price going lower – reverse of what was happenign yesterday?
10:05 Uttam : we had initiative seller today in both
10:05 Uttam : so till 11820 & 30650 not taken out PLR down
10:08 Anubhav null : green
10:10 Anubhav null : abovwap it will go boom
10:12 Uttam : looks like both 11800ce&pe being written
10:13 Anubhav null : i sold 11600 pe today uttam
10:13 Narendra : if you play with proper technical levels keeping in mind your RR then Indiabulls is a traders delight these days ….. 4DT done ….. now will keep on sideline till 2pm.
10:13 Anubhav null : composite support
10:14 Narendra : +1DT in that 30600PE
10:17 Boppanna : Shai any importance to previous day trend day vwap test being tested within IB next day ..though holding it so far
10:17 Boppanna : BNF
10:18 Shai : Book out the 30600 pe at 250 cmp
10:20 Anubhav null : go bulls
10:21 MJ : Shai rotations looks like?
10:25 Anubhav null : oair
10:33 Anubhav null : oops
10:34 Anubhav null : going towards yest vwap now to test demand
10:35 Shai : yes 200 pointer – (10:21) MJ : Shai rotations looks like?
10:35 Shai : stop ha sto be inder to hold this till 3 pm
10:35 Shai : wider**
10:36 Dhaval : what is rotation?
10:36 Rushabh : in a range dhaval and rotate between them
10:37 Dhaval : ok thanks
10:38 Shai : yes lack of a big directional push becuase of which the market rotates in a range
10:38 Shai : we saw it in April, now again in June
10:38 Shai : Though I think this one should resolve next week
10:38 MJ : Thanks shai.
10:39 Rushabh : shai can we hit 11920? tha vpoc?
10:39 Rushabh : did hit it overnight
10:39 Shai : slightly weak below 11820
10:39 Rushabh : okay
10:39 Shai : for some reason all the longs from 11660 F booke dout yesterday
10:39 Shai : so needs new demand
10:42 Narendra : (09:43) Narendra : @ Shai Sir ….. Any significant upside only if NF sustains above 11823?
10:44 Sujeet : So by rotation you mean 11600-11800 range still in play?
10:46 Jitender : can we reverse almost most of yday gains ?
10:46 Narendra : fresh sellers coming in?
10:47 HPandey : 85k sl?
10:47 Himanshu : relaince broke fforst hour low
10:48 Anubhav null : tested
10:48 Anubhav null : yvwap
10:48 Anubhav null : need rb here else game over
10:56 Himanshu : 35-45 Rs discount in BNF F premium
10:56 Himanshu : is it anamoly
10:58 Anubhav null : push bulls
10:59 Shai : 85 is a nice RB at lows
11:00 Chirag : Is there a chance that today could be a trend day down?
11:00 HPandey : cool (10:59) Shai : 85 is a nice RB at lows
11:01 Shai : E is the confirmation for trend day
11:01 Shai : 11760 still doable despiet that RB
11:03 Dhaval : downtrend? 11:01 Shai : E is the confirmation for trend day
11:03 MJ : Shai rolls have started?
11:07 Aman : “shai,how to find difference between sl orders or RB?
11:11 Boppanna : 30700ce needs a push above 232 for more
11:14 Boppanna : Uttam how would you read that 11:00-05 candle fresh reds at the wrong place in NF ?
11:17 Uttam : Market looking weak
11:18 Uttam : @Bops NF candle you talking about?
11:18 Boppanna : yes Nf
11:18 Uttam : they could be initiative sellers and NF still not able to sustain above that bar highs
11:18 Uttam : see that 10k green at top in next bar
11:18 Uttam : supply coming there too
11:19 Boppanna : thx
11:19 Uttam : right at IBL
11:19 Uttam : sustaining above IBL then that guy would be under pressure
11:20 MJ : Can they be rolls uttam?
11:23 Narendra : most of the sectoral indices in the RED
11:24 Uttam : If Spot stays below 11770 good chance of closing at 11710 today
11:25 Uttam : in NF sustaining below 11778 can bring 11724
11:26 Jitender : *11824
11:26 Jitender : aah..sry…its below 🙂
11:26 Uttam : 🙂
11:27 Uttam : VWAP is the decided now, A period singles we have in both & OTF down since open
11:28 Uttam : though BNF has given a PBH at 30668 which was morning IS on 30mins
11:30 Uttam : 20k greens in NF
11:31 Uttam : weak shorts being taken out?
11:32 Anubhav null : hmm
11:33 Anubhav null : waiting for vwap cross
11:34 Anubhav null : to buy calls
11:35 Uttam : PLR down Anubhav since open
11:36 Uttam : break of 11760 will be signal of a trend day down today
11:37 Himanshu : I saw PNF chart – 15 Mts of BNF F – Ledge started at 3.15 in terms of Price Action
11:38 Himanshu : yesterday – which continued today …
11:39 Uttam : Himanshu dPOC shifting higher in BNF was the key as that indicated sellers had come in plus BNF did not make new highs in the M period
11:39 Uttam : this morning we moved away from that HVN of 30770 and probing lower with new supply now at 30675
11:40 Uttam : 11800ce OI addition more than pe now
11:40 Uttam : if the PE OI starts to drop then can indicate a swift move down
11:41 Himanshu : +100 Uttam Observation
11:41 Himanshu : Am always scared for shorting
11:42 Shai : RB is responsive buying – (11:07) Aman : “shai,how to find difference between sl orders or RB?
11:44 Uttam : @Shai 11800 combo can be a good bet to carry if we end in this range today as next week could give a trending expiry?
11:44 Uttam : that straddle not showing any signs of falling today inspite of the narrow range we have, around 158 now
11:48 Anubhav null : another attempt
11:49 Anubhav null : ab ki baar?!
11:50 Narendra : even global markets are not supporting today ….. most of them are in the RED
11:51 Anubhav null : gst meet today
11:51 Anubhav null : rTe cuts maybe
11:51 Narendra : in market hours?
11:52 Anubhav null : check cnbc exact time dunno
11:52 Narendra : ok ….. will check that
11:52 Sujeet : Rates cuts on autos expected. 28% to 18%
11:52 Shai : How much is it now?= (11:44) Uttam : @Shai 11800 combo can be a good bet to carry if we end in this range today as next week could give a trending expiry?
11:52 Uttam : 158 as of now
11:55 Uttam : one more thing to note is that Nifty Spot did not make new highs this week yesterday
11:55 Uttam : the Monday OF of 11844 still is this week’s high
11:55 Rushabh : booom
11:56 Uttam : 0s in NF at vwap
11:56 MJ : KISS (10:59) Shai : 85 is a nice RB at lows
11:56 Uttam : yes last 30min bar ended as IB there
11:56 Rushabh : shai cot reverse of yest almost now
11:57 Uttam : 40k green at top of 5min
11:57 Uttam : looks like those reds of Bops 5min bar getting out?
11:57 Rushabh : 75k
11:58 Rushabh : in 5 min
11:58 Boppanna : yep Uttam
11:58 Uttam : trifect above that 40k green
11:58 Anubhav null : yayy
11:58 Uttam : nice Anubhav 🙂
11:58 MJ : Cheers anubhav.
11:58 MJ : first yvwap then vwap 🙂
11:58 Anubhav null : 😀
11:58 Vishal : went long in 31000 CE at 110
11:59 Anubhav null : thanks
11:59 Uttam : BNF has a similar 22k green at 30685
11:59 Uttam : morning supply being taken out?
11:59 Anubhav null : learning from u guys only
11:59 MJ : Good Ol LLT
12:00 Rushabh : charts lagging?
12:01 Amit : 15-20 sec lagging
12:02 Shai : charts are fine
12:02 Shai : check the LTP not the bid-ask quotes
12:02 Shai : we are on LTP here’
12:03 Shai : No way- (12:01) Amit : 15-20 sec lagging
12:04 Uttam : working fine here
12:04 Shai : if esignal gave a 20 second lag, they would be out of business 🙂
12:04 Amit : sir jo bar ban rahi hai thats lagging’
12:04 Amit : 12.05 done
12:04 Amit : and apne chart per new bar ab aayi hai
12:04 Boppanna : charts look fine
12:04 Shai : check your ISP speed Amir
12:04 Himanshu : yes i have now 12.05 bar plotted
12:04 Uttam : try refreshing once Amit
12:05 Amit : amibroker per same time as of NOW
12:05 Amit : tried already
12:05 Uttam : I also have both and same price displaying along with the time
12:05 Boppanna : its mostly broad band issue
12:05 Amit : sir broadband per sabme delay aata
12:06 Uttam : no Omnavia needs good bandwidth
12:06 Shai : 30640 support
12:06 Uttam : can short below it Shai?
12:06 Himanshu : I am using 25 MBPS – Tikona – Broadband with Wired LAN connection
12:06 Shai : can
12:06 Himanshu : to Laptop Amit and – no lag I can say that
12:07 Amit : sir its my first day so learning
12:07 Himanshu : and 16GB ram laptop –
12:07 Amit : shayad abhi aadat nahi hai
12:07 Sujeet : Was yesterday’s profile structure poor?
12:08 Narendra : GST Council meet begins
12:08 Himanshu : It ok for scalping – Intraday – I uggraded all in last 3-5 months –
12:08 Himanshu : Broadband- Laptop Ram – this was in process to
12:08 Himanshu : see Zerodha – issues –
12:10 Himanshu : Now need better Motor function – trying to generate NEW neurons thru Yoga ( haha )
12:10 MJ : Lol himanshu 🙂
12:10 Himanshu : Kya Karein ?
12:11 Himanshu : How long I can blame my hardware and providers for my poor execution
12:11 Jitender : lifelong
12:11 Himanshu : Welcome Jit –
12:12 Himanshu : This is Jit after 3DT – I guess
12:12 Jitender : tx 🙂
12:12 Uttam : Jit is chatting from his Friday Cruise 😉
12:12 Himanshu : Hain ?
12:12 Jitender : haan
12:12 Uttam : every Friday he is off
12:12 Himanshu : Bombay To GOa via Jalesh Cruise
12:13 Jitender : don’t forget to tell tem tat u r on the seat nxt to me Uttam 😉
12:13 Uttam : cos NSE threatened to ban him from trading if he keeps looting them like this & Maruti also filed a case against him now
12:13 Anubhav null : nice
12:13 Anubhav null : lol
12:13 Himanshu : I saw Sebi decsion to review Margin Requirement
12:13 Jitender : yh
12:13 Jitender : tat wud be awesum
12:14 Himanshu : Hope they consider to grow this industry
12:14 Jitender : first take it away..ten gv sum..Indian public will hail sebi
12:14 Jitender : n all r happy
12:14 Himanshu : instead of playing agents of FIIS /DIIS
12:14 Anubhav null : stcg bhi reduce karo
12:14 Jitender : ltcg
12:14 Himanshu : yes
12:15 Narendra : they have just formed a committee …… don’t know how much time they are going to take for final decision
12:15 Himanshu : let see Jai Italy saab
12:15 Himanshu : Full rest mein hain Ya abhi abhi Ungli chalo hain
12:15 Narendra : sooner the better
12:15 Himanshu : Uttam – Chief – 640 –
12:15 Anubhav null : reds r back…below ibl bad news
12:15 Uttam : that huge COT above VWAP could not save both from breaking vwap again
12:15 Anubhav null : for bulls
12:16 Anubhav null : yeah
12:16 Himanshu : Ek jor Ka Jathka
12:16 Himanshu : Govind – Hi
12:16 Uttam : 30641 low so far
12:16 Uttam : (12:06) Shai : 30640 support
12:17 Himanshu : Let me buy one lot here – thats the only way to bring it down
12:17 Jitender : aaah Maruti…chummi
12:17 Himanshu : You know that quot – If you had not bought maruti and invested in Maruti scrip – 1990
12:18 Himanshu : same way if you had sold your maruti and shorted at 10k
12:18 Himanshu : in 2018 –
12:18 Himanshu : You could have got intrest free Maruti with that money
12:19 Uttam : just like someone on twitter posted that he got a house loan from Indiabulls without paying anything & no repayment also (30 L he made it seems in one day)
12:19 Himanshu : Mitesh Patel
12:19 Himanshu : he is from here ( baroda) my village
12:20 Uttam : but I feel these kind statements send wrong signals to new traders, they then want to get rich overnight
12:20 Jitender : hez much better than tat fraudia uncle
12:21 Rushabh : sunder
12:21 Uttam : that guy has lost it long back
12:22 Shai : guys let’s focus
12:22 Rushabh : soory shai
12:22 Shai : no names here- market hours
12:22 Uttam : +1 Shai
12:22 Narendra : +1
12:24 Himanshu : +1
12:24 Himanshu : Srji Sorry
12:25 Narendra : (09:32) Narendra : may be a consolidation day
12:29 MJ : Shai whenever you get time usdinr review please.
12:29 MJ : Thanks.
12:37 Uttam : somes reds at vwap getting stuck in BNF?
12:38 Narendra : can we see bounceback if those morning shorts don’t get any foloow through?
12:38 Uttam : I feel weak shorts been taken out
12:39 Jitender : 65pe 88-160…gaddi bhai
12:39 Jitender : 65ce 117-70
12:41 Uttam : wah wah dono side se 🙂 nice Jit
12:42 Jitender : no dbl meaning 😉
12:42 Jitender : but yes..same direction
12:42 Jitender : dbi effect
12:42 Uttam : milking both the CE & PE nice
12:42 Jitender : tx bro
12:43 Jitender : it will 58—5350 n 5000 below 6350 broadly
12:43 Jitender : will do 5800*
12:43 Jitender : but m just waiting fr a trigger or a flush out 2 go positional
12:43 Uttam : cool will join you from next week in riding Maruti though at my pace only 😉
12:44 Jitender : wud love tat
12:44 Jitender : met a trader since 85, son a quant science grad from US yday
12:45 Jitender : man the way hez milking 11 stocks plus index was inspiring
12:45 Uttam : cool
12:45 Jitender : 15 seats in off fr employees…each runn a diff strategy
12:46 Jitender : hum to saala ek DT mein khush ho jaate hain
12:54 Shai : Intra – short BNF 30645- 650 sl of 30741 tgt 30533
13:07 Uttam : both coiling here
13:07 Uttam : G was an inside bar & now H so far double inside
13:08 Uttam : in BN spot & BNF
13:08 Uttam : NF did made a lower low in G and H now inside
13:08 Shubro : cmon guys lets get a fryyyday
13:09 Shubro : no violence so far
13:10 Uttam : looks like as so many times before ‘I’ needs to take the initiative
13:11 Shai : COt is nothing just random in the 5 mins
13:11 Shai : it has to print a number
13:12 Uttam : volumes also too low in both
13:12 MJ : b to D uttam?
13:12 MJ : profile wise?
13:16 Uttam : can if I takes out A period singles
13:17 Uttam : volumes need to come to give that Friday move if any coming
13:17 Uttam : till then its just ping pong
13:18 Narendra : most of the global markets recovered from lows
13:18 Shubro : twitter rumours of a US strike on Iran
13:19 Narendra : can we expect some bounce if NF holds day low?
13:25 Govind : BNF last 5 min COT largest of the day?
13:29 Anubhav : if it takes day high it can tag 31000
13:31 Shai : massive battle at 720-35
13:31 Shai : pink band cut off that demand from vwap
13:31 MJ : Shai those are 2 12k in bnf?
13:31 Shai : shoudk do 610
13:34 Shai : 11804 new supply can mean a test of that RB also 11771
13:35 Anubhav : hmmm failed again
13:38 Sandy77 : Why is there a pink band when its a green 12k ?
13:44 Shai : that 12k is sl orders
13:44 Shai : BNF we will have to exit if 30745 is crossed
13:45 Shai : shoukd break vwap for a dive down
13:45 Narendra : COT is alowly and Steadily turning positive on bank nifty …. day cot i mean
13:46 Uttam : it has been positvie since open today Narendra
13:46 Narendra : *slowly
13:46 Narendra : but now almost double than waht it was in morning
13:47 Uttam : it was 49K at 12:15 then came down now again back to 60k+
13:47 Narendra : yes
13:48 Shai : yes they are from the 620 zone
13:48 Uttam : last 30min bar has that 21k green stuck which is the difference now
13:49 Shai : the battle is with the previous supply at 30740
13:49 Narendra : ok
13:49 Shai : (09:18) Shai : yes 30740- 775 supply band
13:50 Shai : Normal day rotational profile
13:50 Shai : so am looking for one trip down
13:50 MJ : +1 shai
13:50 Shai : but will exit if 30745 is taken
13:50 MJ : nice rotations since morning 🙂 you affirming increases the pos size 🙂
13:51 Rushabh : shai any comments on the cot? is it the same which we had at 11660
13:51 Shai : yes COT is good so far
13:51 Shai : has to hold till 3 30
13:51 Shai : definite signs of dip buyers
13:51 Shai : we have to see if they carry
13:52 Rushabh : got it
13:52 Rushabh : thanks shai
13:52 Himanshu : Crude Spiked up again
13:53 Anubhav : 4000 paar
13:54 Anubhav : momentum is gud
13:54 Shai : vwap again BNF
13:54 Shai : =gone
13:54 Anubhav : yes
13:55 Anubhav : almost there
13:55 Anubhav : yess
13:55 Shai : BNF 30570 . Book fully near tgt
13:55 Rushabh : buyers
13:56 MJ : Cheers shai.
13:56 Jitender : +1 Shai
13:56 Shai : Thank you dear Process
13:56 Narendra : 30500PE quick trade ….. 186-208 …. booked fully
13:56 MJ : +100
13:56 Boppanna : +1 Shai
13:56 MJ : shai.
13:56 Uttam : 30700pe played from 250 to 300
13:56 Uttam : SL was 222
13:56 Anubhav : gr88
13:56 Uttam : more coming?
13:56 Narendra : Congrats uttam
13:57 Uttam : NF going
13:57 Govind : 30600 220 to 253
13:57 Narendra : that was quick
13:57 Uttam : 1.4L green in NF in this fall
13:57 Shai : wow
13:57 Uttam : PLR was aleays down today
13:57 Shubro : more coming
13:57 Shai : just took out all those buyers when vwap broke
13:57 Uttam : trend day vwap broken in NF
13:58 Shai : (13:45) Shai : shoukd break vwap for a dive down
13:58 Anubhav : weekly vwap at 11740/n poc 11720
13:58 Uttam : +1 Shai
13:59 Uttam : spot going for 11710 test
14:00 MJ : Fast and furious.
14:00 Rushabh : green again?!
14:00 Uttam : A period singles stay & both make RE to the downside
14:01 Shubro : violence is back good trades
14:01 Anubhav : any news?
14:01 Shubro : 11800 jul pe 80 to 113
14:01 Uttam : nice Shubro 🙂
14:01 Narendra : superb
14:02 Shubro : danke!
14:03 MJ : Went right till the ext handle of previous day profile.
14:03 MJ : MP amazes me.
14:03 Uttam : trend day vwap & poc most imp if that gone other references will fall easily
14:04 Uttam : new low coming in NF
14:04 Himanshu : Exited BNF – F was short since mornng
14:04 Shubro : some big greens in NF no?
14:04 Himanshu : with Balls in mouth
14:04 Uttam : super Himanshu 🙂 congrats
14:04 Shubro : take them out now Himanshu
14:04 Jitender : half done (10:46) Jitender : can we reverse almost most of yday gains ?
14:04 Shubro : looks like a reversal to me
14:05 Sujeet : Lambs being feeded for slaughter in COT?
14:05 Himanshu : But conviction of Chief over supply of 740-770 Zone was
14:05 Jitender : time fr cuppa
14:05 Shubro : yes rotate here now for a whle
14:05 Himanshu : YEs covered
14:05 Himanshu : at 530
14:06 Himanshu : Now will drink coffee with Jit –
14:06 MJ : 45
14:06 Shubro : this has taken out half of yest na Jit?
14:06 Uttam : (11:24) Uttam : If Spot stays below 11770 good chance of closing at 11710 today(11:25) Uttam : in NF sustaining below 11778 can bring 11724
14:06 Uttam : NF low so far 11726
14:06 Uttam : spot 11716
14:06 Shubro : we are that at that 11745 again jeeeze
14:07 Himanshu : BNF spot shall break – 550
14:07 Himanshu : with force then 350 is possible
14:08 Shubro : back inside weekly composite Uttam?
14:08 Himanshu : 251 K – Ve cot – NF ?
14:08 Himanshu : in one bar –
14:09 Rushabh : all green cot in 5 min NF
14:09 MJ : that’s delta
14:09 Himanshu : no is net delta –
14:09 Himanshu : ya ya – me novice shorter’s Nervous energy
14:10 Shubro : this is either a reversal or a nasty shakeout move of longs
14:10 Shubro : Shai what say?
14:11 Rushabh : people might have bought today because of fomo
14:11 Rushabh : and puked
14:11 Anubhav : yes
14:11 Anubhav : exactly
14:11 Anubhav : now otf bought
14:11 Anubhav : n will take i tupwards
14:12 Dhaval null : today COT is positive and market down?… yesterday day its reverse… I m confused in COT…
14:13 Uttam : yesterday was a tredn day up and those stuck sellers would be getting a exit today so COT could be ggreen today for that reason
14:13 Krishan : has cot to do anything with rollover?
14:14 Uttam : rollovers will start from next week Krishan
14:14 Krishan : ok
14:15 Shubro : Uttam good observation i think …sellers exits as no strong move up yet
14:16 Shubro : will this dump again?
14:19 Shai : why, it so easy?- (14:12) Dhaval null: today COT is positive and market down?… yesterday day its reverse… I m confused in COT…
14:20 Shai : yesterday they sold all the longs from 11670 F onwards when the normal junta was buying . They turned the tables on them today. Junta is exiting and smart money buying now
14:20 Anubhav : going up 11775
14:20 MJ : shai still intact for 11780- 11800 at close? 45 degree at work?
14:20 Shai : mixed
14:20 Rushabh : shai 11770*?
14:20 Shai : weekly says close at 11725
14:21 MJ : Okay long at extension, will stay on tight tsl.
14:21 MJ : Thanks.
14:21 Uttam : yes weekly bell in the making
14:22 Anubhav : nf bounced right of weekly poc
14:23 Shai : +1
14:23 MJ : yes Anubhav 🙂
14:23 MJ : Someone’s got weekly profile open.
14:23 MJ : Cheers.
14:24 Shai : everything becomes so easy when you start using IB, vwap, poc , value areas in your analysis
14:24 Shai : Now just think- 90% of the people do not know all that, so who has the edge??
14:24 Govind : Yes Shai….spend a lot of time every morning going thru the levels
14:24 Anubhav : all thanks to you shai mj jituttam
14:24 MJ : +100 shai.
14:25 MJ : Govind all that we spoke happened right here. 🙂
14:25 Anubhav : andhere me teer chalane ka koi fayeda nahi
14:25 MJ : Isn’t it amazing.
14:25 Anubhav : lol
14:25 Govind : True MJ
14:26 AmitJ : +1
14:26 Himanshu : go points discount in BNF with spot
14:26 Himanshu : 60 points
14:29 Himanshu : You need Experience ( Anubhav)
14:30 Himanshu : Govind – was on yoga session since morning
14:30 Himanshu : Celebrating Int Yoga Day#
14:30 Anubhav : yes himnashu trying
14:30 Govind : Is it helping Himanshu?
14:31 Himanshu : Me am trying to do Sambhavi – from Isha Kriya App
14:31 Himanshu : of Sadguru
14:31 Govind : Oh Ok. I just stick to cardio etc.
14:31 Himanshu : yes it works fine on the day of – 2DT kind of a day
14:31 Rushabh : anyone has the link for the weekly chart?
14:31 Govind : Haha
14:31 Shubro : hahahhaa Himanshu ROTFL
14:32 Himanshu : Kya karein ?
14:32 Himanshu : We need to digest the Emotional Posion in 4-5 Hours
14:32 Shubro : i just drink beer on a bad DT day man
14:32 Himanshu : maximum – before it starts spilling over to our near ones
14:32 Shubro : helps wipe the memory of loss
14:33 Himanshu : Am in Baroda ..
14:33 Maheshwar : why some values have pink n green bands and some only green n pink numbers
14:33 Himanshu : here we get Gomutra Ark of Patanjali#
14:33 Shubro : aiyooo ok meditation better
14:33 Govind : Shubro, 45 degree trade in BNF?
14:33 Shubro : when the going gets tough…
14:33 Himanshu : If ever – they decide in future
14:33 Shubro : brew your own
14:34 Himanshu : we will get – Somras from Patanjali in Guj
14:34 MJ : Shubro wheat farm is on for your beer btw 🙂
14:34 Shubro : aweosme
14:34 Shubro : Jit and Shai chief guest at opening
14:35 Govind : I will bring some rice based alcohol…
14:35 Shubro : toddy
14:35 Himanshu : Bhai log – Rualo he kya
14:35 Govind : haha…that’s palmyra dude
14:35 Himanshu : I am surviving on Humor – Slapstick and on self
14:35 Shai : COT- https://vtrender.slack.com/archives/C0F2X2TFW/p1561107991016000
14:35 Shubro : best medicine
14:37 Govind : 45 degree trade done in BNF
14:37 Himanshu : Pls 45 degree trade – means from low
14:37 MJ : Cheers govind 🙂
14:38 Govind : Yes, from 30535 to 30615
14:38 Himanshu : Pls explain me logic of this a bit
14:38 Himanshu : on DLO post -2
14:39 Govind : First time doing it, so was very nervous. But the whole alcohol talk loosened me up
14:39 Himanshu : or based on COT – Timing or
14:39 Shubro : NF pullback sell?
14:39 MJ : https://twitter.com/daltontrading/status/1010140209701244930?lang=en
14:39 MJ : @himanshu.
14:39 Himanshu : ok – so pls throw some light on
14:39 Himanshu : Ok MJ thks
14:40 Yogesh : (14:31) Himanshu : Me am trying to do Sambhavi – from Isha Kriya App……I hv also done Shambhvi, suryakriya and Booth Shuddhi.
14:40 MJ : One of the MP setups.
14:40 Govind : There you go Himanshu. Done only on Normal days.
14:40 Maheshwar : shai why some values have pink n green bands and some only green n pink numbers
14:41 Anubhav : can we still get a lower spike close uttam?
14:43 Anubhav : or done for the day?
14:45 Anubhav : iran war news over the weekend ?!
14:45 Himanshu : MJ – This link is University by itsel
14:45 Himanshu : You gave me weekend home work Thanks Ton
14:46 Shubro : vwap test nNF
14:46 Anubhav : hmm so this was a shakeout indeed
14:47 MJ : Himanshu James dalton’s profile that is.
14:47 MJ : Keep it for reference.
14:47 MJ : keep digging.
14:47 Himanshu : Yes – will read – specially S& P clues
14:48 MJ : Cheers.
14:48 MJ : Ahoy, shop shutting time.
14:48 MJ : All out at 11768. (14:20) MJ : shai still intact for 11780- 11800 at close? 45 degree at work?
14:48 Himanshu : I have serios FOMO feeling on joing late this chat room
14:48 Himanshu : more than any other profit oppurtunity
14:48 MJ : Bye everyone have a nice weekend.
14:48 Himanshu : Bye
14:49 Govind : Bye MJ
14:49 Anubhav : bye
14:51 Govind : Will BNF test 30740 again?
14:51 Shubro : please do
14:51 Rushabh : 7 lac cot?!
14:51 Anubhav : yeah
14:52 Rushabh : uttam buying stangles?
14:52 Anubhav : dip has been bought by diii again
14:52 Rushabh : straddles?
14:52 Shubro : i think we have to see how day ends….
14:52 Anubhav : yes 3.05 move pending
14:52 Shubro : anyone thinks yest was a cat bounce?
14:52 Rushabh : https://twitter.com/indian_stockss/status/1141998906265370625 another troll
14:53 Shai : differents ettings of imbalance- band is the highest, then square and then plain numbers – (14:40) Maheshwar : shai why some values have pink n green bands and some only green n pink numbers
14:53 Govind : BNF struggling at VWAP again, ned a clean move
14:53 Govind : need*
14:53 Govind : there u go Shubro
14:53 Anubhav : yo
14:54 Govind : Come on, do 740 now
14:54 Anubhav : bnf is stronger
14:56 Anubhav : nice govind
14:57 Shubro : i would like this to break day high
14:57 Shubro : then monday action jackson
14:57 Shubro : else hammer candle forming
14:57 Rushabh : sahi next week expect trending one?
14:57 Anubhav : day high toota to matlab gsy cut pakka
14:57 Anubhav : gst*
14:58 Shubro : if tops are broken i suppose
14:59 Shubro : this move up seeing sellers adding
15:00 Shubro : 3.05 almost here
15:00 Anubhav : gayi vapas
15:00 Shai : 123k+81k+36K at the lows near 11745-11725
15:00 Shai : these guys are key to expiry next week
15:01 Uttam : they may book today itself Shai 😉
15:01 Govind : Gave it all up
15:01 Anubhav : damnnnnn
15:01 Anubhav : wtf
15:01 Anubhav : algos
15:01 Shubro : bhains going water
15:01 Anubhav : dun let us even blink eyes
15:01 Uttam : 45 degree done. aur kya chahiya 😉
15:01 Anubhav : yes
15:02 Anubhav : greed kills
15:02 Shubro : classic pullback short
15:02 Govind : Haha, Yes Uttam. But it did go all theway to 30733
15:02 Govind : It wasa nice vwap trade
15:02 Shubro : got both ways
15:02 Uttam : +1
15:03 Tina : i see 11910 now next week start
15:03 Shubro : not over yet
15:04 Govind : MB Shubro
15:05 Shubro : might crack
15:05 Shubro : might crack
15:05 Shai : weekly wants a close here
15:05 Shai : (14:20) Shai : weekly says close at 11725
15:06 Rushabh : +1
15:06 Govind : and BNF Shai?
15:07 Uttam : (15:01) Uttam : they may book today itself Shai 😉
15:07 Anubhav : war?!
15:07 Uttam : no charts…. 🙂
15:08 Rajiv : thats reserved for next year Anubhav : war?!
15:08 Anubhav : hehe trump will do anything to get relected
15:08 Anubhav : unpredictable fellow
15:08 Shubro : nobody wants to risk a weekend trump tweet
15:08 Shai : By now you guys should know not to take Trump seriously
15:09 Anubhav : lol
15:09 Shai : big talk little follow up
15:09 Anubhav : yeah g20 meet also comign up
15:09 Shubro : but thats the era we are in Shai
15:09 Shubro : posturing while the world goes to shits
15:10 Sandy77 : Big talk is enought to roil mkts
15:10 Shubro : hey anybody in room from Chennai?
15:10 Uttam : NF wants to pull that dPOC to 11750 looks like
15:10 Anubhav : n twitter nonsense
15:11 Shubro : we are in all talk and only market action
15:11 Sandip : m looks like room making good profits today 🙂 +1
15:11 Rushabh : is this called an inventory adjustment ?
15:12 Shubro : Sandip i had a better day than yesterday lol
15:12 Uttam : wassup Sandip you still counting yesterdays monies 😉
15:12 Sandip : Nice
15:12 Sandip : haha..yep, I didnt get to trade today
15:12 Sandip : some work
15:13 Uttam : oh ok
15:13 Shubro : NF takes away most of yest gains
15:13 Sandip : see you boiz next week good luck 🙂
15:13 Uttam : you too Sandip 🙂
15:14 Shubro : hey Sandip yeah man have a great weekend. Monsoon arrived today here so respite.
15:14 Shubro : prayers for Chennai friends i hear the water problem is bad
15:14 Uttam : NF closing at that tredn day VWAP & POC?
15:15 Govind : BNF regained its premium
15:15 Govind : Thanks Shubro
15:15 Shai : BTST – Buy 11700 call at 109 and sell 11800 call at 53 for a net of 55-56 sl of 17 tgt 87.
15:15 Uttam : nice balanced profile in that also
15:15 Shai : Gping bullish for Monday
15:16 Anubhav : cool
15:16 Shai : if in F sl is 11645 tgt near 11900 till wed
15:16 Uttam : COT staying the reason Shai?
15:16 Shai : yes
15:16 Uttam : +1
15:16 Natarajan : in bank nifty what is the view?
15:16 Uttam : hope these are not any rollovers?
15:16 Shai : but fridat so options are dicy for pure long play
15:17 Shai : BNF is a neutral profile today as shorts of last 2 days cleared
15:17 Uttam : prominent POC in BNF
15:18 Anubhav : sell 11600 puts instead shai?
15:18 Vishal : but this bull call spread looks good even for friday
15:18 Shai : 87 is the obj
15:19 Shai : hold for tgt or Sl
15:19 Shai : BNF on monday would look to get into longs also
15:20 Uttam : NF dPOC shifts near 11750
15:22 Anubhav : is this a neutral day?
15:23 Shai : NV
15:23 Rushabh : BNF is so strong
15:24 Anubhav : ok t
15:26 Shai : Bye all
15:26 Shai : Have a good relaxing weekend
15:27 Shai : let’s catch up again Monday
15:28 Uttam : thanks All 🙂 have a lovely weekend
15:29 Amjad : by all
15:30 Anubhav : bye folks
15:31 Anubhav : raining in delhi
15:31 Anubhav : monsoon rally from monday
15:31 Anubhav : lol
15:31 Anubhav : cheers
15:33 Himanshu : Bye all