Order Flow charts dated 23rd Oct

The key to using order flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The order flow is like a list of trades and helps to know how other traders are placed in the market

Vtrender helps you to stay on top of the Market by understanding Order flow. This increases your flexibility, your data analysis capability and your winning trade signals and you make your existing systems better.

NF

30 Min Fp Nf 15 Order Flow Charts Dated 23Rd Oct 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 23Rd Oct Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

 

 

 

 

 

 

 

 

09:00   Shai : (08:58) Shai : option charts – https://join.me/769-459-078
(08:59) Shai : 30 min charts – https://global.gotomeeting.com/join/523589677

09:25   Shai : (09:25) Shai : Intra – Sell NF 10172 sl of 10210 tgt 10116

09:30   Shai : (09:30) Shai : Book the NF at 10153 here . WE will stay back a bit

10:50   Shai : (10:50) Shai : Intra – short BankNifty 24976 sl of 25070 tgt 24820.

11:08   Shai : (11:08) Shai : Intra – Book the BNF shorts fully at 24930

13:19   Shai : (13:19) Shai : Intra – short Nifty 10158 sl of 10188 tgt 10116

13:29   Shai : (13:29) Shai : Book 50%25 of the NF shorts at 10139 here

13:38   Shai : (13:38) Shai : NF at tgt . Book fully

14:09   Shai : (14:08) Shai : HIgh risk put – Buy 10100 pe at 66 sl of 45 tgt 107. Trade smaller size

 

 

08:58   Shai : option charts – https://join.me/769-459-078
08:58   Shai : option charts – https://join.me/769-459-078
08:59   Pradeep : Top of the morning Shai
08:59   Shai : 30 min charts – https://global.gotomeeting.com/join/523589677
09:00   RD Arora : good morning everyone
09:01   Shai : GM all
09:01   Narendra : gm shai
09:01   Narendra : gm uttam
09:02   Uttam : Good Morning All 🙂
09:03   Himanshu : Good morning all
09:09   Shai : @Pradeep 🙂
09:09   Shai : https://vtrender.in/market-profile-analysis-dated-22nd-oct/
09:10   Shai : we are opening gap down and spike rules below gap would mean that the seller continues the hold over the auction
09:10   Shai : 10116 F is the zone to watch for buyers if any for intra day
09:10   Uttam : looks like new lows coming today
09:10   Shai : 10210 on upsides
09:10   Jitender : Gm Folks 🙂
09:11   Shai : any continuation today below 10200 ( no recovery above ) would mean 10000 minus is coming before thurs
09:12   TP : GM All.
09:12   Shai : last 2 big gaps in the past 10 days have been faded. Let’s watch this one before we jump with a bias
09:12   Uttam : 09:48 Uttam : week opens with a ORR down & looks like A period singles so looking like bears taking full control of expiry week here?
09:13   Shai : +1
09:13   Boppanna : Shai BNF the key here?
09:15   Shai : yes 24820- 870 zone
09:17   TP : Chief excellent initiative on indexmover channel +1
09:17   Uttam : BNF weak if stays below 24965 & if 24860 also goes then can be headed to 2atr of 24435 from that FA of 25495
09:18   Shai : +1
09:19   Shai : going to cover the gap
09:19   Shai : 10206 to watch spike lows
09:23   Jitender : DII pump at open
09:23   Jitender : all cartoon tv guys sayn go long
09:23   Jitender : interesting
09:24   Narendra : uttam frsh shorts coming in nifty??
09:24   Kathir : GM Shai all
09:25   Uttam : red box there at highs today Narendra on 30mins so supply is coming
09:25   Shai : Intra – Sell NF 10172 sl of 10210 tgt 10116
09:25   Shai : yes 2 red boxed
09:26   Jitender : Shai…pss on xomm in a bit on bnf 30m numbers
09:26   Jitender : possible
09:26   Jitender : to zoom
09:27   Jitender : its already done..tx
09:27   Shai : just the few mins to settle the gap range
09:27   Shai : should be fine
09:27   Jitender : cool
09:27   Shai : BNF also coming down from spike lows
09:28   Shai : should do 826 again
09:28   Jitender : +1 went shrt at 960 🙂
09:28   Uttam : 1.6L green in Nov NF at 10210
09:28   Shai : +1
09:30   Jitender : all GOI+Rbi measures gone to dump
09:30   Jitender : crude+spx have kept the mkts down
09:30   Jitender : Nov if continues shld see real panic
09:30   Shai : Book the NF at 10153 here . WE will stay back a bit
09:31   Pradeep : good start for the day Shai 🙂
09:31   Shai : 10177 SL if wanna stay
09:31   Shai : More likely to pan out as OAOR
09:32   Jitender : On 28th Sept had said at 12:10 Jitender : spx may sell off..just keep an eye on it
09:32   TP : Jit same in China all govt meausres fizzling out , mkts have their own ways 🙂
09:33   Jitender : traderys year vis a vis 2017
09:33   Jitender : trader’s
09:34   Uttam : green band i OCt NF 30mins at 10150
09:35   Uttam : Shai Nov NF has 2 big buyers here? 1.7L & below it 1.6L
09:37   Jitender : just watch for spx recvry in 11-12 time zone…else mkt will sell off
09:42   TP : Shai can you do a small note on the new alerts in the indexmover channel, stock alerts also in same channel like we got one for INFY now.
09:43   Uttam : (09:17) Uttam : BNF weak if stays below 24965 & if 24860 also goes then can be headed to 2atr of 24435 from that FA of 25495…BNF low of this dip 24871 so far
09:43   Uttam : 24867 is a wide POC of compostie in BNF so that is holding it up for now
09:46   R Goel : guys are chrts stuck??
09:46   Jitender : Uttam..poss 2 darken yr font..from the color palette were u choose the color ?
09:47   Kathir : yep chart stuck
09:47   Uttam : this better Jit?
09:47   Jitender : slightly more dark
09:48   Shai : charts stuck?
09:48   Jitender : ys
09:48   Uttam : working fine for me though
09:49   Shai : +1 – (09:37) Jitender : just watch for spx recvry in 11-12 time zone…else mkt will sell off
09:52   Uttam : welcome back Shai 🙂
09:52   Cyrus : GM @shai, can you please zoom out the 30 min bnf chart a bit…
09:52   Cyrus : Thank you
09:53   Shai : better?
09:54   Cyrus : Yes
09:54   Shai : Chart settings get get affected when there is a largish move away from range . but go to auto mode as it settles
09:54   Shai : OAOR in NF just below spike
09:54   Shai : spot has not broken that last low which was 10139 I think
09:55   Shai : BNF steady as long as 24820- 24870 does not break
09:55   Uttam : yes Shai 10138.6
09:55   Shai : 25060 -90 first supply and then 25190-200 the big one
09:58   TP : charts stuck again ?
09:59   Shai : looks fine
10:01   Jitender : month to date bnf almost flat wile nf down 6%
10:01   Shai : yes
10:02   Shai : good balance BNF Oct
10:02   Shai : next month will be athe big one
10:02   Uttam : +1 Shai
10:03   Shai : 25055 IB getting done – (09:55) Shai : 25060 -90 first supply and then 25190-200 the big one
10:03   Shai : I’l be looking to buy abv IBH for that 25200
10:03   Shai : also a 45 degree trade to that POC
10:04   Uttam : for now still below that spike high of 25067
10:05   Uttam : which was again POC of that bell BNF made on 19th
10:05   Shai : +1
10:06   Uttam : relatively small IB in NF & we have A period singles at lows in BNF
10:11   Jitender : 960 ST pivot in bnf
10:12   Uttam : yes Jit prev day low also so staying above it means PLR up
10:13   Uttam : after OAOR getting accepted in prev day range means can do that ypoc touch
10:13   Jitender : yh
10:13   Uttam : needs to get above that spike high though
10:13   Shai : one move to 25060 again
10:13   Shai : vwap sl
10:13   Jitender : but m still lookn for shrt at 950odd..after bookn the morn shrt….will take long abv Ibh..as per Shai’s trade
10:17   Uttam : NF boom
10:17   Shai : 25069- (10:13) Shai : one move to 25060 again
10:17   Uttam : +1 Shai
10:17   Boppanna : +1
10:17   Jitender : +1
10:17   Shai : long liquidatioon in NF
10:19   Shai : 10200 puts also got buyers same time
10:21   Kathir : 10200 pe low = 6 also
10:21   Shai : that 10200 put can come down to 55 later today. dont get in yet
10:22   Shai : if buying stops below 53
10:22   Shai : actively sold at 104 today
10:24   Kathir : ty shai
10:25   Jitender : now talks of festive seaason not havn bang surfacing
10:25   Jitender : wud b bad for LT greens if consumption cycle takes a hit
10:25   Jitender : alongwith low liquidity
10:27   Jitender : had thought of buyn 20% in cash for LT portfolio…but now gettn doubts..thinkn of holdn…any views r wc
10:28   Shai : 9600 is coming!!
10:28   Shai : 🙂
10:28   Jitender : 🙂
10:28   Sandesh : 🙂
10:29   Jitender : wat abt 9k..Shai ..were wud u start considern tat as a possibilty ?
10:29   Shai : ys 8800 swift if 9600 breaks like 1 or 2 sessios
10:29   Jitender : tx
10:30   Uttam : BNF looking to leave another FA at top today?
10:30   Shai : For you guys thinking on LT as in several years I’ll say this
10:31   Uttam : vwap plus pdl at 24960-950
10:31   Kathir : NF also uttam ?
10:31   Shai : I seriously think we are in the 1st innings here and the next few years will not give you that 6 % and 12% you were used to
10:31   Shai : rises would be used to liquidate
10:32   Shai : we have to go lower to meet buyers
10:32   Bharat : Shai – is that a serious call or wishful thinking?
10:32   Uttam : +1 Shai it is indeed looking bad the way even the big stocks have fallen
10:32   Shai : just look atbthe numbers – distribution was happening above 11400- 11600
10:32   Sandesh : (10:32) Bharat : Shai – is that a serious call or wishful thinking?>> reality!
10:32   Shai : these guys are not yet buying back
10:32   Shai : why should we?
10:33   Uttam : +1 Shai
10:33   Shai : One thing I have learn’t and will share- Trade where the big money is trading and by that I mean track the FII;s / instits etc
10:33   Shai : Re they buying yet?
10:33   Shai : ignore the MF’s
10:33   Shai : That is the dumb SIP crowd. They know jackshit about the markets
10:34   Shai : for now we have to go lower to get willing buyers
10:34   Kathir : + 100 shai
10:34   Upendra : Well said and I fell it from my own experience and +100
10:34   TP : If this is the 1st innings…is mkt trying to factor in a change in govt any kind of combo but a change in 2019 ?
10:35   Shai : don’t mistakje that with a long of one month which may still come next month to 10900 or 11000
10:35   Jitender : grt Shai..tx fr yr views
10:35   Shai : I’m talking 1-4 years
10:35   Bharat : What peiod in the recent ast does the recent selling pattern from recent high’s remind you of Shai?
10:36   Shai : 2011 definitely
10:36   Bharat : recent past
10:36   Shai : maybe 2014 also
10:36   Shai : not yet 2007-8 though 🙂 and I hope we don’t go there
10:36   Bharat : Weeekly profiles as well?
10:37   Shai : monthlies
10:37   Bharat : okay
10:37   Himanshu : shai any chance of visit of 6300 odd?
10:37   Himanshu : that 2008 high
10:37   Shai : chances are always there HImanshu 🙂
10:37   Himanshu : 🙂
10:38   Shai : I’m just saying don’t rush in with investements
10:38   Himanshu : yeah.. got it
10:38   Shai : As an investor don’t look to time the drop or end of the drop
10:38   Shai : nibble away if you want
10:38   Shai : but don’t go all in
10:39   Himanshu : till then we shld be building mor capital trading for those falls
10:40   Himanshu : capital thru*
10:40   Sumit : screen not working
10:40   Shai : anyone else screen issues?
10:40   Shai : I’ll restart
10:40   Uttam : working fine for me
10:40   Narendra : for me
10:41   Bharat : In that case, at what Nifty and Bank Nifty level would you say that that in all likelihood we have seen a bottom?
10:41   Bharat : That’s for you Shai.
10:41   Bharat : Or RK ,if he is around?
10:42   Kathir : no screen
10:44   Shai : @Bharat for now 9600 for this leg down thru techincals but what may happen is that the Market will start pricing in the election 2019 of May and that can mean anything
10:44   Shai : absolutley no control if the market prices that anyway
10:45   Shai : it will look forward and start pricing in best or worst
10:48   Uttam : 26K red in bng
10:48   Uttam : BNF
10:49   Kathir : uttam how about NF FA at ?
10:49   Shai : yes
10:49   Uttam : yes Kathir probable Fa there also though has been above IBH for more time than BNF
10:49   Azmath : DPOC not shifting
10:50   Shai : Intra – short BankNifty 24976 sl of 25070 tgt 24820.
10:50   Mihir : As a marketeer, when I first saw the ads of Mutual fund sahi hai. The distrubution curve popped in my head. When we don’t have liquidity, we create one. MF is the best way to swipe cash stocks in bulk to the SIP junta. That campaign is by far the best since ache din campaign.
10:51   Shai : 10159 zone is big volume
10:51   Shai : won’t shift so fast
10:51   Uttam : yes 7L vols there
10:51   Uttam : 7.5L in fact
10:52   Shai : dval at 900 has to break on these sells and we get the reamining
10:53   Bharat : Shai- looking at Sept profiles and benefit of hindsight ,which week or day revealed that this may not be an ordinary correction but something deeper?
10:53   Bharat : In other words, when did the Big layers reveal their hand?
10:53   Bharat : Big Players
10:56   Shai : was too quick Bharat and everything said now has the benefit of hindsight but honestly couldn’t say much for NF . Maybe I think I said for BNF that if 27800 breaks wacth out below and we have a top
10:57   Shai : another 2000 points needed in BNF to complete the cycle down off that 27800 break
10:59   Bharat : Thanks Shai.
11:01   Pradeep : Shai: We need one more fraud/scam new to trigger the fall to those levels :-). It will come soon
11:02   Himanshu : watch for problems in LIC going forward..
11:02   Jitender : yes..if truth comes out
11:03   Jitender : wen HDFCs excel sheet truth comes out..capitulation #day dreaming 🙂
11:03   Mihir : Jit Should I design the RSVP invite? 🙂
11:03   Jitender : yup..u have 7 days fr it 🙂
11:03   Mihir : 10k party 😛
11:03   Jitender : yh
11:03   Himanshu : was that 1.74 lakh buyers
11:04   Mihir : Himanshu rollover. 181k in nov.
11:04   Himanshu : yeahhh
11:04   Himanshu : first big fat guy?
11:07   Mihir : 867 calling 867.
11:08   Shai : Intra – Book the BNF shorts fully at 24930
11:09   Shai : yes that 116K is a roll
11:09   Shai : 10184 in Oct and 10232 in Nov
11:09   Uttam : that 26k red by any chance a roll in BNF Shai? not doing much damage
11:09   Shai : One or two more like that would mean expiry here 10185 zone
11:11   Uttam : BNF sandwiched between pdl & prev week low
11:11   Uttam : 24966 & 24927
11:12   Mihir : Chief, are you expecting that 5L guy to pop in sometime today?
11:17   Himanshu : that 5 lakh guy which was at 11500 ?
11:18   Mihir : He is swaying since july.
11:19   Himanshu : yeah
11:19   Shai : yes he should
11:22   Pradeep : Shai: We exited the BNF shorts bcos of change in delta?
11:23   Jitender : 2731.5 low in spx..watch the swipe n follow up bar tere
11:27   Gaurav : Shai, a question regarding your comments on the fall and not to expect 12 % going forward. Except for 2008 fall, every fall was limited to about 20-25% from the peak, including 2011. A similar fall would mean about 8800-9400 zone. Every fall lasted max iof about 12 -13 months, before rally started. We have already done half of that no. in less than 2 months. Does this signal something different.
11:29   Uttam : E making lower low
11:30   Uttam : BNF finally below that 24927
11:30   Jitender : Dt done 😉 (10:13) Jitender : but m still lookn for shrt at 950odd..after bookn the morn shrt….will take long abv Ibh..as per Shai’s trade
11:30   Uttam : into the singles of morning
11:30   Uttam : nice Jit 🙂 congrats
11:30   Jitender : tx bro
11:30   Jitender : tey way u read the mkts…u deserve congo as well
11:31   Uttam : _/\_
11:32   Eric : HI all
11:32   Uttam : 47k red in NF at lows in this 5min bar
11:32   Uttam : Hi Eric 🙂
11:32   Eric : @ shai when did you start trading?? Curious to know..
11:33   Uttam : look at the 30min delta in BNF all reds today
11:33   Uttam : and couple of big ones
11:33   Mihir : Jit 🙂 kudos.
11:33   Jitender : Eric 2006/7 if i remember correctly…fr Shai
11:33   Jitender : congo to u also M
11:33   Kathir : congrats jit mihir
11:34   Jitender : tx bro
11:34   Mihir : 🙂
11:34   Mihir : Thanks K.
11:34   Uttam : 24867 coming
11:35   Mihir : Yes Uttam 🙂
11:35   Jitender : 2724 on spx 🙂
11:36   Mihir : (11:07) Mihir : 867 calling 867.
11:36   Uttam : 24892 has a stuck red now in BNF
11:36   Uttam : 10k
11:36   Mihir : Looks like reds at wrong side.
11:36   Mihir : 🙂
11:36   Eric : great
11:36   Mihir : Lol uttam timing.
11:37   Uttam : 🙂 Mihir +1
11:40   Mihir : 160 will be tough to go through.
11:41   Eric : are attendees allowed to post thr trade here?
11:41   Uttam : 25k touch comign again ?
11:42   Narendra : shai charts stuck for me
11:43   Uttam : you can definitely share your set up & trade(s) Eric but will be better if you post them on slack
11:44   Uttam : that stuck 10k red almost giving vwap
11:45   Eric : ok uttam
11:45   Azmath : Chart stuck?
11:46   Boppanna : yep looks like
11:46   Azmath : OTF Down
11:46   Narendra : shai charts stuckor me
11:48   Shai : Charts back?
11:48   Himanshu : yeah
11:48   Boppanna : yes
11:48   Upendra : yes
11:50   Mihir : Uttam while I wanted 867 but that 10k spotting was very imp 🙂
11:50   Mihir : OF and markets make you very humble.
11:51   Uttam : 🙂
11:51   Shai : @Gaurav you are correct
11:51   Shai : but you see even for the rally what is your start point?
11:52   Shai : if 2015 highs is you strat then we are at 10200 now from 9000 then
11:52   Shai : and we went up only 30%
11:53   Boppanna : E low 10158 10:51 Shai : 10159 zone is big volume
11:53   Uttam : BNF still getting supply at vwap & just below that 24965 levels
11:54   Himanshu : more rolls?
11:54   Mihir : 143k getting green rollover at 220.
11:56   Himanshu : mihir if 143k green roll over is in oct fut .. it means reds in nov fut..so shorts are rolling over na ?
11:57   Mihir : Nov has 78k and 74k in green side.
11:57   Mihir : If you see.
11:57   Kathir : uttam vwap dpoc all there now
11:57   Uttam : yes Kathir
11:57   Mihir : Uttam can guide us.
11:57   Himanshu : uttam please..
11:58   Uttam : yes Himanshu you are right we will need a refresh on both once to confrim the colors
11:59   Himanshu : so now shorts are rolling over?
12:00   Uttam : they should have been reds on Nov but i remember Shai telling once that they mask their orders while rolling so could be that
12:01   Kunal : at such a point, where NF is approaching VWAP orange line, is it a good shorting point?
12:01   Uttam : @
12:02   Uttam : @Kunal if you see reds at vwap then you can short else today NF is making a nice bell with a probable FA at top so dVAH is a better short with SL above day hgih for dVAL
12:02   Jitender : +1
12:03   Kunal : ok…thanks, got it
12:03   Jitender : else it wud be speculative..n tat shld have a tite SL
12:03   Kunal : yes, saw the bell. true!
12:03   Uttam : when you have a day which is in balance better not to enter at vwap as good hcances that vwap will be broken & captured many times
12:03   Kunal : got it
12:04   Kunal : so play for dvah to dval and vice versa on such days?
12:04   Kunal : if there is a semblance of a bell?
12:04   Mihir : Kunal If you like storyboarding in your mind check this tweet with day context
12:04   Jitender : Ibh/Ibl r also good ref points in a bell
12:04   Mihir : https://twitter.com/Digital_Baba/status/1053171277584875520
12:05   Uttam : yes & better to go with the value also as we are forming lower value compared to yesterday so dvah to dval is a better probability trade than vice versa
12:07   Uttam : (12:04) Jitender : Ibh/Ibl r also good ref points in a bell…+1 Jit
12:07   Uttam : 3-1-3 in NF & where is RK
12:07   Kunal : ok, considering the dominant trend…
12:07   Kunal : dvah to dval
12:08   Mihir : Uttam RK will be immersed in his terminal 🙂
12:08   Kunal : lbh means? and 3-1-3 means what? pls
12:08   Uttam : looks like he’s finished booking his overnight shorts at open & taking a break
12:09   Uttam : IBH – initial balance high (1st hour high)
12:09   Mihir : A 3-1-3 profile has excess at 2 ends and a thick value area in the middle. It resembles the best example of a market trying to balance or remain range bound. The excess formed at the extremes makes it very difficult for the market to move out for a while and moves to the extremes are often sent back to the centre and then the other extreme. However when one extreme breaks it sets up a fast and furious move in the direction of the break.
12:09   Mihir : @kunal.
12:10   Uttam : and today when we had a narrow range IB in NF we also get a 3-1-3 so can give a good move away in the afternoon
12:10   Jitender : yup
12:11   Mihir : Jit. Being a good boy.
12:11   Mihir : DT done and seeing the show.
12:11   Mihir : I am talking about myself 🙂
12:12   Kunal : thanks
12:12   Uttam : BNF again into sandwich mode
12:12   Uttam : between 24965-24927
12:12   Kunal : Uttam – BNF is a normal variation day building up ?
12:13   Uttam : so far Normal Day & forming a ‘p’
12:13   Uttam : more biased for a NV upside if 24890 holds
12:13   Uttam : 890-870
12:14   Kunal : ok, because that is the IBL level?
12:14   Uttam : IBL is 24770
12:14   Uttam : if 24870 goes can expect IBL to be tagged
12:15   Uttam : BNF moving
12:16   Eric : @uttam, isnt it right?, does P shape follow with b shape
12:16   Uttam : not necessary Eric
12:16   Uttam : (11:41) Uttam : 25k touch comign again ?….coming?
12:17   Uttam : ‘p’ means a short covering profile & today as we gapped lower the shorts could have booked but no new buying which is why we are still in the first hour range
12:18   Uttam : ‘b’ is opposite of short covering which is long liquidation, yesterday in NF we gapped up & made a ‘b’ before spiking lower at close
12:18   Uttam : 30k green in NF at top of this 5min bar
12:18   Uttam : 10184 dvah also
12:19   Uttam : dpoc & dvah aligned
12:20   Mihir : touch that spike low again.
12:21   Uttam : BNF needs to go higher for that
12:22   Jitender : gv me 880 iin bnf 😉
12:22   RD Arora : are we in beer exhaustion phase
12:23   Kathir : jit spx -31 no recovery ?
12:23   Jitender : nope
12:23   Uttam : dvah to vwap done in NF next level dVAL of 10159
12:23   Kathir : Mihir you mean NF 206 ? low
12:24   Kunal : got it, i was confusing the IBL with VAL
12:25   Uttam : see Kunal now if you had shorted near that 10184 which was dVAH plus the 30k stuck green could have made a quick scalp to vwap & dVAL so far low made 10169
12:25   Jitender : +100
12:25   Kathir : Uttam am still not confortable with the colour .. even darket will be good
12:25   Jitender : bread n butter trade
12:25   Uttam : today we have a very narrow range so need to have smaller expectation & book out fast
12:26   Jitender : n titer Sls
12:26   Kunal : yes
12:26   Jitender : coz narrow range get multiple IBs very quickly
12:27   Uttam : +1 Jit
12:29   Jitender : Ag shoutn lon since open
12:29   Mihir : Yes kathir 206 low. Afternoon time coming closer. One side of the profile will get disturbed. IF it stays 3-1-3 till end it will be a rare day.
12:31   Mihir : Yes Jit fav setup 🙂 (12:25) Jitender : bread n butter trade
12:31   Mihir : Best part is controlled risk. Know sl is filter and can go with it.
12:31   Kunal : so now its approaching dVAH and piercing thru – seeing greens and a move up would be lower probability than expecting a false breakout and a move to dVAL?
12:38   Jitender : conservatively..12.30 is europe open time…so observe n ten trade
12:38   Jitender : as its also a whipsaw time
12:46   Jitender : spx slight recvry
12:49   Kathir : hdfcbank new Dh now
12:49   Uttam : @Kunal objective of dVAL is still not met so can hold part short with SL at cost for 10160
12:51   Mihir : that 56k shows at green side again in nov.
12:51   Mihir : Uttam needs one refresh is it?
12:52   Uttam : dvah to dval done
12:52   Mihir : Done dvah to dval. 🙂
12:52   Jitender : part book at 915 (12:22) Jitender : gv me 880 iin bnf 😉
12:52   Uttam : 10159 low
12:52   Uttam : (12:23) Uttam : dvah to vwap done in NF next level dVAL of 10159
12:54   Uttam : NF forming a hvn at 10178
12:55   Uttam : vol build up there giving more signal that a move away is on the cards
12:56   Uttam : NF looks like breaking lower here
12:56   Uttam : reds
12:57   Uttam : into the morning singles
12:58   Mihir : here you go Jit 🙂
12:58   Jitender : 🙂
12:59   Jitender : booked at 880 (12:52) Jitender : part book at 915 (12:22) Jitender : gv me 880 iin bnf 😉
12:59   Uttam : nice Jit 🙂 super
12:59   Jitender : tx
13:00   Boppanna : +1 Jit
13:00   Uttam : Jit’s exit got a 17k red stuck there 😉
13:01   Jitender : tx BoP
13:03   Jitender : below 880–short & abv 960-long wud be the positional trade fr the day….wen OF indicates same at thoose lvls
13:06   Kathir : uttam how about volumes today as of now ?
13:06   Jitender : spx recvrn
13:07   Uttam : volmues have been good (more than average) Kathir, good rollovers happening today looks like
13:07   Uttam : NF almost hitting 100L
13:08   Pradeep : uttam: if high volume is there and very narrow range, what we can infer?
13:09   Uttam : rollovers Pradeep
13:09   Pradeep : tx
13:09   Azmath : Uttam: can we see DD or NE ?
13:11   Uttam : DD time over Azmath but if you are planning for one then we can have a late DD also 🙂
13:12   Azmath : 🙂
13:12   Uttam : 10185 & 24995 levels to watch as suppose we have had a early pull back high on both today
13:14   Kathir : inr new low
13:17   Shai : one more roll
13:19   Himanshu : this on long side?
13:19   Shai : Intra – short Nifty 10158 sl of 10188 tgt 10116
13:20   Kunal : shai – pls can you explain how you decided this one?
13:20   Shai : yes looks long in Nov
13:20   Boppanna : +1 new low coming looks like
13:21   Himanshu : long price shai ?
13:21   Shai : @Kunal below spike lows trade was always a short. For this we are staying below vwap and am lookimg for a range extension downwards for a neutral day
13:21   Shai : 10202 Nov F
13:22   Himanshu : ok thanks
13:22   Kunal : ok
13:22   Kunal : thanks
13:22   Shai : That rollover stuff is not a 100% right @HImanshu esp when they input both prices same time
13:23   Shai : don’t read too much into rolls
13:24   Shai : to read the prices and the numbers look up the top left of the screen
13:25   Shai : NOv F – https://join.me/769-459-078
13:25   Shai : Oct F- https://global.gotomeeting.com/join/523589677
13:27   Uttam : (12:54) Uttam : NF forming a hvn at 10178(12:55) Uttam : vol build up there giving more signal that a move away is on the cards(12:56) Uttam : NF looks like breaking lower here
13:27   Uttam : (13:12) Uttam : 10185 & 24995 levels to watch as suppose we have had a early pull back high on both today
13:28   Uttam : spot yet to break day lows
13:28   Shai : neutral day
13:29   Shai : Book 50% of the NF shorts at 10139 here
13:30   Shai : that 68K is a booking order
13:30   Uttam : 1L green on 30mins at lows
13:30   Shai : 10216 FA?
13:30   Uttam : yes Shai 1atr at 10033
13:31   Uttam : which is also 3IB on weekly
13:31   Shai : +1
13:32   Uttam : BNF low 24861 so far in this dip
13:33   Uttam : 10k red again stuck there
13:33   Jitender : new low in NF fr Oct ?
13:33   Shai : yes
13:34   Uttam : spot yet to make new low thouugh
13:34   Jitender : tx guys
13:34   Uttam : 10139.1 today and 10138.6 before
13:34   Jitender : AG sayn again..go long
13:34   Shai : DB for him
13:35   Kathir : spx back near lows jit
13:35   Shai : stay short below IBL
13:35   Shai : there is no long here
13:35   Shai : neutral type
13:35   Mihir : +1
13:36   Jitender : Ag n Susu i guess have been told to say..only long
13:36   Jitender : chirpn same fr 2 days
13:37   Kunal : is screen stuck?
13:38   Shai : 10117
13:38   Shai : NF at tgt . Book fully
13:38   Uttam : 1.5 IB done
13:38   Uttam : to the dot
13:39   Mihir : Shorts booking now.
13:39   Kunal : can I please understand the 1.5 IB and 3 IB logic, which one expected when
13:39   Kathir : 10100 pe never went near morning highs
13:40   Uttam : those are freak highs Kathir, if you ignore the first min high IBH was 62.4 in that
13:41   Uttam : plus expiry week to premium will keep getting lesser so better to play in the money options & keep booking fast
13:41   Kathir : oh ok. ty uttam
13:42   Uttam : new ext handle in NF at 10142
13:42   Uttam : lets see if it holds till EOD
13:42   Mihir : Uttam that black line of ext handle didn’t come
13:42   Jitender : or series now 🙂
13:43   Mihir : Are jittt 🙂
13:43   Uttam : that will come after this 30min TPO ends Mihir
13:43   Mihir : Acha.
13:43   Mihir : Thanks.
13:43   Uttam : could be Jit
13:43   Jitender : 🙂
13:43   Uttam : one more minute for your black liner Mihir
13:43   Uttam : BNF headed to tag day lows
13:44   Mihir : 😀
13:44   Uttam : 90k red at lows in BNF on 30mins this bar
13:44   Mihir : 770
13:44   Mihir : ?
13:44   Mihir : Lets visit there?
13:46   Jitender : sucker (13:34) Jitender : AG sayn again..go long
13:47   Uttam : (12:14) Uttam : if 24870 goes can expect IBL to be tagged
13:47   Kathir : lol
13:47   Uttam : low made so far 24800
13:47   Mihir : 800 will do uttam 🙂
13:47   Mihir : Thanks.
13:48   Uttam : and guess no volumes below that in the morning bar
13:48   Mihir : Yes.
13:48   Mihir : 800 touch and reverse.
13:48   Uttam : OI turning down in 10150pe, writers covering?
13:50   Shai : supply getting into trouble
13:50   Shai : may bounce
13:50   Uttam : BNF has more reds today Shai?
13:50   Uttam : that 90k on 30mins is a roll?
13:50   Uttam : 24840
13:50   Mihir : Uttam yest we had same at 475 odd I guess.
13:51   Mihir : And we came down from there.
13:51   Uttam : that was also red
13:51   Shai : No rolls
13:51   Shai : BNF will strat from tom mostly
13:51   Uttam : oh ok Shai, thanks
13:52   Uttam : BNF back to 24940-960 Shai?
13:52   Shai : short SL is still abv IBL =filter in NF
13:52   Shai : but don’t make new shorts here yet
13:52   Uttam : BNF needs to get above that 24870 thought
13:52   Uttam : NF getting new reds here at 10120?
13:54   Uttam : NF low 10104 Mihir 😉
13:54   Mihir : 🙂
13:54   Jitender : below 837 in bnf..anthr 200 points open up
13:54   Jitender : its a ST pivot now
13:54   Mihir : 10080
13:54   Mihir : coming
13:55   Uttam : 10093 2IB
13:55   Uttam : BNF 24790
13:55   Uttam : new low
13:56   Mihir : defending 10100 by 10 paise.
13:56   Uttam : spot low now 10104 🙂
13:57   Mihir : Small bounce can not be negated.
13:57   Mihir : to short higher.
13:57   Uttam : BNF sell intent has kept on divering all day
13:57   Mihir : She needs to go for a lunch with Shai.
13:58   Mihir : All will be fixed.
13:58   Jitender : how do u deduce tat Mihir 🙂
13:59   Mihir : sssshhh! 🙂
13:59   Shai : BNF about to decide here
14:00   Mihir : See he got some affirmation.
14:00   Shai : 24880 or 24640
14:00   Jitender : 830-840 has 1.20lac green in bnf…
14:00   Jitender : wat a slaughter it wud be
14:00   Mihir : green jit?
14:01   Jitender : 30mins M
14:01   Jitender : 90+41
14:01   Jitender : wud go long abv it
14:01   Shai : es low was 2713 right?
14:01   Jitender : rite now holdn shrts
14:01   Mihir : That’s red no?
14:01   Mihir : 90+43
14:02   Mihir : Or you taking them upside?
14:02   Jitender : 2days was 2721.5 Shai
14:02   Jitender : swing low i dont remember
14:02   Jitender : Mihir…defense
14:02   Jitender : so cud do nywere as huge num
14:03   Shai : 2713 last week before the bounce of 110
14:03   Jitender : k
14:03   Narendra : shai are we in to 9900 by exipry??
14:04   Shai : 9960- 10005 best projection 4
14:05   Mihir : +22 (13:57) Mihir : Small bounce can not be negated.
14:06   Shai : +1
14:08   Shai : HIgh risj put – Buy 10100 pe at 66 sl of 45 tgt 107. Trade smaller size
14:10   Shai : is a hold for tom not intra
14:13   Jitender : sry..reds trapped (14:00) Jitender : 830-840 has 1.20lac green in bnf…
14:13   Jitender : tx fr pointn it Mihir
14:15   Mihir : Are 🙂 Jit
14:18   Shai : green band is come in 10100 pe
14:18   Shai : risk reduced now
14:20   Mihir : +22 again 🙂 (13:57) Mihir : Small bounce can not be negated.(13:57) Mihir : to short higher.
14:21   Mihir : As an ID trader only thing I pray for is take index wherever you want to. Give me 100+ pt range everyday in NF.
14:21   Jitender : yh…u wanna becum a billionaire soon
14:22   Sandesh : 🙂
14:22   Jitender : slow n steady wins the race…
14:22   Mihir : Slow only Jit 🙂
14:22   Mihir : Shai’s call that last short was 😛
14:22   Jitender : Mihir..one thing m sure n can bet on..at my age..u wud be far richer than all of us (except Shai–tats the green effect) in this room
14:24   Mihir : /\ /\
14:24   Kathir : wishes mihir
14:24   Mihir : Jit you are kind with your words.
14:24   Jitender : m very prophetc also 🙂
14:26   Mihir : I just want to get the process right.
14:26   Jitender : risk management & DT is the key
14:27   Mihir : I mentioned i wanted touch of 206 (spike low) but I will not fight if dpoc going up with dvah. And we couldn’t cross it. So Just processing every bit of information that market is giving.
14:27   Mihir : When I saw this. I got out of my trade and went SAR.
14:27   Mihir : Booked once dvah dval and then shai short call came in too.
14:28   Mihir : Jit 🙂 I am sure you are prophetic. We are seeing with what is happening since your early october messages on slack and room.
14:28   Mihir : We are almost close to 10k.
14:33   Jitender : spx new DL
14:34   Jitender : buckle up guys..last hr
14:34   Uttam : (13:55) Uttam : 10093 2IB NF low 10092.55 so far
14:36   Uttam : BNF not wanting to go lower inspite all that red intent?
14:38   Boppanna : Still deciding to close at either 14:00 Shai : 24880 or 24640
14:40   Uttam : NF going for 10175 test?
14:40   Uttam : (14:36) Uttam : BNF not wanting to go lower inspite all that red intent?
14:41   Eric : is it poor low? missing spike?
14:42   Uttam : (14:40) Uttam : NF going for 10175 test? dPOC shifted to 10165 & tags that
14:42   Shai : just what I was fearing
14:42   Uttam : BNF the culprit here Shai?
14:43   Jitender : thoose 1.2l reds trapped
14:49   Uttam : Neutral Centre close mostly Shai now in NF?
14:50   Uttam : BNF a normal day & in IB so can expect a bigger range tom?
14:51   Sumit : If Nf close below Vwap then tom may gor for 9900?
14:52   Jitender : Uttams ext handle holdn in nf
14:53   Uttam : yes close below it will still be bearish Jit
14:54   Shai : some stops got hit again at top in BNF
14:54   Shai : Neut extreme in NF
14:54   Shai : 24820 to be tested again
14:54   Mihir : Just like yest
14:54   Shai : 10007 for now – go with that put – (14:51) Sumit : If Nf close below Vwap then tom may gor for 9900?
14:55   Mihir : Oh these spike up are like gift wrapped to short.
14:57   Jitender : spx -40
14:57   Jitender : but anuj brought up the crude chart at DL..n Sc happened in bnf
14:58   Uttam : oh man that guy is too dangerous
14:58   Jitender : yup n dbl talks n=ore than AG now
14:58   Jitender : every move..he says…tat it happens as per wat he has said earlier
14:59   Jitender : 25.1ce 144-104 done 😉
14:59   Uttam : lovely Jit 🙂
14:59   Jitender : cheers bro
15:01   Kathir : jit spx -40
15:01   Jitender : ys K (14:57) Jitender : spx -40
15:01   TP : jit check out info on spx in random channel .
15:01   Jitender : k
15:06   Shai : 2713 hit in ES?
15:06   Boppanna : not yet
15:06   TP : 2714.25
15:09   Shai : k thanks
15:09   Shai : that is the zone of that big bounce
15:10   Shai : unlikely it breaks in off market hours
15:10   TP : Any reasons for 11% vix crush ?
15:11   Shai : not really a crush actually
15:12   Shai : 19.8 was the peak afternoon drop yesterday
15:13   TP : yes but with global cues was expecting a spike up into the close.
15:13   Shai : BNF is a normal day
15:13   Shai : NF wants neut center
15:13   Uttam : (14:49) Uttam : Neutral Centre close mostly Shai now in NF?
15:14   Pradeep : what are the possibilities of 25500 before expiry?
15:14   Shai : +1
15:14   Pradeep : is it good to go long given that we didnt fall
15:14   Shai : 25400 is the big seller of yesterday
15:14   Shai : will be difficlu to break him at least tom
15:14   Shai : thurs aft anotyhjer story
15:15   Sumit : STBT in BNF ?
15:18   Boppanna : Shai would call this a failed range break in BNF?
15:18   Boppanna : *would you
15:20   Jitender : bnf wants a gap up morrow
15:20   Favi : tomo bnf 25400?
15:22   Shai : Not yet Bopp
15:22   Shai : Same res Favi for tom 25060
15:23   Shai : (09:55) Shai : 25060 -90 first supply and then 25190-200 the big one
15:23   Jitender : can bnf do 50 more 😉
15:24   Uttam : NF at dPOC
15:24   Uttam : perfect Neutral Centre
15:25   Shai : carry the 10100 puts for tom. (10188 F is the SL for tom)
15:26   Jitender : AG carryn lngs on bnf
15:26   TP : no doubts now jit 🙂
15:27   Jitender : hehe
15:27   Jitender : 25.1ce 153-175 done (15:20) Jitender : bnf wants a gap up morrow(15:23) Jitender : can bnf do 50 more 😉
15:28   Jitender : bye all
15:29   Shai : 25060
15:29   Shai : Bye all
15:29   Shai : Have a nice evening
15:29   TP : Bye All.
15:29   Uttam : thanks All 🙂 have a lovely evening
15:29   Shai : Our guys think spx lows will hold
15:29   Shai : which they should
15:29   Kathir : thanks and bye all
15:29   Shai : overnoight bounce accounted for
15:29   Kathir : ty shai
15:30   Upendra : Thanks and See you all

 

 

10:16   Gaurav : Shai Tata Steel can short for short term points?
11:43   Kathir : @ shai reliance closed well below 1070 yesterday..what could be next immediate target downside .?
12:04   Shai : tata steel 555 is the stop for shorts +- filter for intra
12:04   Shai : drfit down is not getting a lot of sell momentum – more of a flolat lower now . 525 imm supp
12:05   Shai : 506 expectation
12:06   Shai : 1023 short term level RIL
12:07   Shai : That is a swing zone Kathir 1055- 1070 for RIL, buyers
12:07   Shai : last big move strated from these buyers
12:09   Gaurav : Thanks Shai
12:11   Kathir : ty shai