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 (Feb F)
NF (Mar F)
BNF (Feb F)
BNF (Mar F)
Room Chat
08:54 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/365240261
08:55 Chandrashekhar : GM all
08:56 Gopi : good morning all
08:58 Shai : Gm all
09:01 Manoj : Good morning guys
09:01 Shai : https://vtrender.com/market-profile-analysis-dated-20th-feb-2020/
09:05 Shai : sgx is oputting pre open back to last tuesday’s buying levels of 11929 and 11944
09:05 Rajesh : Gm all
09:05 Shai : That will be the supp as we start this week
09:05 Rajesh : i am new to trading room
09:06 Shai : 11902 is the SL for all longs made from last tuesday
09:06 Shai : neutral extreme ref of Thursday with 12036 being the higher ref
09:08 Shai : welcome Rajesh – (09:05) Rajesh : i am new to trading room
09:08 Rajesh : thanks Shai
09:08 Shai : You are on watch mode today- make sure you have gobe through the videos and the starter kit. Just observe today
09:08 Rajesh : ok
09:09 Srinivas : GM all
09:10 Rajan : Gm all
09:11 Uttam : Good Morning All 🙂
09:12 Himanshu : GM all
09:14 Shai : bad open for bulls
09:15 Chandrashekhar : 88 K green @ 11930
09:16 Shai : COT is bad
09:18 Chandrashekhar : hypo D in play for NF
09:18 Santhosh : Im santhosh regoin, looking forward
09:18 Vishnu : shai any big here
09:18 Vishnu : vol too high
09:19 Shai : holding – (09:06) Shai : 11902 is the SL for all longs made from last tuesday
09:19 Himanshu : net cot positive now
09:19 Shai : COT improving
09:23 Shai : Again gone red
09:24 Uttam : yes 11930 ref in NF now
09:24 Uttam : needs to stay above it for any bounce
09:25 Vasant : that white line ref line?
09:27 Himanshu : yea
09:27 Shai : 11936
09:27 Tejpreet : GM All.
09:28 Uttam : buyers of lows defending in NF
09:28 Uttam : 0s at 11905 with green box also there in first 5min bar
09:28 Chandrashekhar : charts stuck?
09:30 KK : 24K green in BNF
09:31 Vishnu : good vol
09:33 Uttam : IB forming at 11930
09:34 Uttam : (09:24) Uttam : yes 11930 ref in NF now(09:24) Uttam : needs to stay above it for any bounce
09:34 Uttam : 11900pe OI rising post open
09:35 Uttam : so looks like 11900 being defended for now
09:37 Shai : Intra – Byy 11900 ce at 921- 92 sl of 78 tgt 114
09:37 Shai : 91- 92*
09:39 Jitender : bnf has sellers at 560
09:40 Vishnu : shai vol 28l and cot -1.2 lakhs so bigger hare and trend is down na
09:40 Vishnu : ?
09:40 Vasant : uttam didnt understand IB is after bBperiod?
09:40 Shai : gap down is context
09:41 Vishnu : k
09:47 Shai : exit the 11900 ce at 92 cost price.
09:47 Jitender : +1
09:47 Shai : COt is nopt good abv 11936
09:47 Ankit : +1
09:48 Ankit : @uttam gfdl working?
09:49 Uttam : no Ankit giving lot of issues since morning
09:49 Ankit : same here
09:49 Ankit : okay
09:51 Uttam : may be they had a software update, chekcing with their customer care
09:51 Ankit : okay thanks UG
09:53 Chandrashekhar : PWL acting a support for now looks like..
09:54 Ankit : @ug working for me now
09:55 Uttam : yes they cofnrimed that issue resolved now 🙂
09:55 Ankit : 🙂
09:56 Srinivas : PWL is prev week low?
09:56 Uttam : yes Srinivas
09:56 Srinivas : ok, thanks. @UG
10:04 Tejpreet : Uttam can you share the imp levels of that 4 month composite.
10:05 Tejpreet : low on resources today mobile and laptop only 😉
10:05 Vishnu : also ug as per the 4 month compo nifty range can say in march
10:09 Uttam : @Tej & Vishnu will get a better picutre once Feb closes so this week would be important plus the roll over point we got for the March series will give another added info of the probable range for next month
10:11 Uttam : @Jit you there
10:11 Uttam : your stamp there in NF IB 😉
10:13 Boppanna : Jit’s 560 holding so far in BNF
10:14 Chandrashekhar : C here
10:14 Vishnu : +1 ug
10:19 Shai : OAOR
10:19 Uttam : yep but big gap so PLR to the downside Shai?
10:20 Jitender : were (10:11) Uttam : your stamp there in NF IB 😉
10:20 Uttam : IB range 😉
10:20 Jitender : k
10:20 Uttam : 69
10:21 Jitender : ask the room..everyone knows whoose stamp it is :)’
10:21 Chandrashekhar : so its Uttam’s call..
10:21 Jitender : u dont let it go…do u …strong love 🙂
10:21 Uttam : lol lets get some good one side REs today then 😉
10:22 Jitender : u mean 69+69 🙂
10:22 Uttam : 11930 attrecting good vols since open
10:22 Uttam : 69+69+69 😉
10:23 Jitender : 🙂
10:24 Ankit : he he
10:24 Uttam : but only thing is Tej not supporting
10:24 Rajesh : Tej?
10:24 Kedar null : hi
10:25 Uttam : hi Rajesh & Kedar and welcome to VT
10:25 Uttam : Tej alias Tejinder who just like his name is one of the fastest traders here 🙂
10:26 Rajesh : ohhk uttamji
10:26 Uttam : no ji please ji is ony fot Jit 🙂
10:26 Rajesh : ok
10:28 Tejpreet : Uttam caught you for once ….Tej is for Tejpreet 🙂
10:28 Ankit : shame shame uttam
10:28 Ankit : 😛
10:28 Ankit : ye to mujhe bhi pata tha
10:29 Ankit : 😀
10:29 Uttam : he he he thanks Tej, that was to get you out from your slumber so that you give us a 3ib today which you declined on Friday 😉
10:30 Uttam : there is no Tejinder I know ;-p
10:30 Srinivas : +1 for 3IB
10:30 Ankit : nice short covering UG 😛
10:30 Uttam : initiative activity it was bro 🙂
10:30 Ankit : he he
10:31 Uttam : and see we got a RS
10:31 Tejpreet : some overnight pe and one round short from 940 , dt done so slumber mode .
10:31 Jitender : he only remembers 69 & its multiples (10:28) Tejpreet : Uttam caught you for once ….Tej is for Tejpreet 🙂
10:31 Jitender : phas gaya bhai hamara
10:31 Tejpreet : lol
10:31 Uttam : 🙂
10:32 Uttam : typical OAOR as auction now coiling
10:32 Uttam : B was inside A & so far C inside B
10:32 Uttam : by the way BankNifty Spot below 30630-606 is very bearish
10:33 Jitender : congrats Tej fr the DT
10:33 Shai : watch 3297 if using the ES mini\
10:33 Uttam : 30141 / 29644 / 29196 probable targets in March if stays below that zone
10:34 Ankit : okay shai
10:34 Tejpreet : tks Jit….looking for 880 zone today.
10:34 Jitender : below 850 ns ..Tej..its another 200-300 bps
10:34 Boppanna : Jit gives 60 😉 without much trouble
10:34 Boppanna : BNF
10:34 Jitender : +
10:35 Jitender : 1
10:35 Srinivas : +1 Jit..
10:35 Jitender : tis algo at 490-500 goes….we will get RE
10:36 Chandrashekhar : -35 K cot and immediate candle with 10K cot
10:36 Jitender : bugger is tere from open
10:36 Tejpreet : Let’s see the OF and jump in.
10:37 Uttam : overlapping POC on 30mins at 11930
10:41 Ankit : OAOR till 1 pm?
10:43 Uttam : big gap today so can give RE earlier Ankit
10:43 Uttam : Tej needs to be conviced though
10:43 Srinivas : if goes below 904 and see nice COT, is it a good level to go short
10:43 Ankit : ohkay
10:44 Chandrashekhar : 12000 OI getting closer for a cross over Uttam
10:44 Uttam : watching 11900 OI Chandra
10:44 Uttam : 30L OI that PE has
10:44 Chandrashekhar : makes sense..thanks
10:44 Uttam : that will give first sign of any downside coming today
10:44 Srinivas : ok, thanks @ug
10:45 Uttam : 30L to 14.5L
10:45 Uttam : D started
10:47 Uttam : some weak shorts being removed in both looks like?
10:47 Srinivas : +1
10:48 Uttam : 12l green at top in BNF
10:48 Uttam : 12k
10:48 Uttam : 30575
10:48 Uttam : 9.5k in NF
10:49 Uttam : 0s at 30550 in BNF
10:49 Uttam : 30650 test coming in BNF?
10:59 Uttam : D leaving a pull back high will be nice 🙂
11:00 Govind : Uttam, sent you a DM…please check
11:01 Uttam : ohh just saw Gov & replied 🙂
11:01 Shai : Intra – Buy 11900 pe at 55.5 – 56 sl of 50 tgt 65
11:02 Govind : thanks Uttam
11:04 Himanshu : Gov & Uttam – BNF & NF on contra mode
11:05 Govind : H, I’ve not taken a single trade today 🙂
11:07 Jitender : congrats Gov
11:07 Jitender : its a sign of a mature trader
11:07 Jitender : sumthn fishy in mkt
11:07 Govind : :), thanks Jit
11:07 Govind : Yeah, Jit….I am not comfortable with where this is going
11:08 Jitender : but r mkts r like tis
11:08 Himanshu : 11800PE – 30 – 23
11:08 Himanshu : Small Fishing
11:09 Jitender : congrats
11:09 Srinivas : +1 H congrats
11:09 Himanshu : Jitubhai ..Thx
11:11 Shai : 11949- 11912 auction
11:11 Uttam : pull back done?
11:11 Uttam : now lets break belw 30550 in BNF
11:11 Uttam : and 11930 in NF
11:11 Shai : will respond if there is change
11:11 Uttam : +1 Shai
11:11 Ankit : +1
11:11 Shai : till then trade small in between the zone for OAOR
11:15 Ankit : 11950 pe 74 to 80.
11:15 Ankit : .80.15
11:15 Shai : +1
11:15 Uttam : nice Ankit 🙂 congrats’
11:15 Ankit : thx shai and UG
11:16 Boppanna : +1 Anki t..Uttam does step 1 in BNF as well
11:18 Ankit : thx bops 🙂
11:21 Himanshu : Now sleepey
11:21 Jitender : +1 Ankit
11:21 Ankit : thanks Jit. trying to improvise the contra
11:22 Ankit : range is too small in NF today
11:23 Himanshu : UG – 11950 Straddle will work ?
11:24 Uttam : no Himanshu better to go one side once we get some more confirmation as expiry week
11:24 Himanshu : ok
11:24 Himanshu : do you expect – Neutral RE down
11:26 Uttam : right now we are just in A period range so lets see which side of the morning tail remains
11:30 Govind : +1 Uttam, yes, something new needs to happen here. As an fyi, VIX is up around 8%
11:32 Uttam : BN Spot at 30606
11:33 Jitender : vix is up…but bnf PEs r becoming cheaper with rising vix
11:33 Jitender : fishy part 1
11:33 Govind : +1
11:33 Jitender : smacks of distribution
11:34 Jitender : but if LIC is in…ten it doesnt care
11:35 Vishnu : jit are u feelong any big down
11:35 Jitender : go by charts Vishnu
11:35 Vishnu : ys
11:35 Jitender : no fun in pre emptn
11:35 Jitender : but m nt buyn nuythn….yet 🙂
11:36 Jitender : btw trump tweeted in Hindi…we shld be proud
11:36 Jitender : his jet lands
11:38 Shai : cmp 3290 breaks 3288 drops to 3276- (10:33) Shai : watch 3297 if using the ES mini\
11:39 Ankit : ok shai
11:40 Shai : Things should start moving in an hour’s time
11:42 Ankit : 11950 pe 76.40 to 79.55
11:42 Ankit : not much room to play
11:46 Uttam : @Jit you there?
11:46 Uttam : Maruti headign towards that last objective of 6485
11:47 Uttam : 50 more to go
11:47 Jitender : +1
11:48 Uttam : https://vtrender.slack.com/archives/CQDH03LFL/p1581739997017900
11:53 Shai : 11900 pe stopped
11:53 Uttam : Trum going long before coming out 😉
11:53 Shai : make exits
11:54 Uttam : (10:49) Uttam : 0s at 30550 in BNF(10:49) Uttam : 30650 test coming in BNF?
11:55 Uttam : 1L COT in NF
11:55 Uttam : 0s at 11941
11:55 Chandrashekhar : +1 Uttam
11:55 Jitender : spike coincides with Trump emerging….hmm LIC
11:56 Uttam : special orders 😉
11:56 Ankit : 🙂
11:56 Shai : 11940 are the 0’s
11:56 Ankit : meanwhile.. 11950 pe again 62.9 to 67.5
11:57 Ankit : early exit due to 1 l cot
11:57 Ankit : didnt want to risk it against big player
11:57 Shai : erratic move that was
11:57 Shai : whose gaming this?
11:57 Ankit : seems so
11:58 Govind : where is the real slim shady hiding
12:04 Shai : Nf may reetest 11976
12:04 Shai : 11940 holding
12:05 Himanshu : 11950 straddle 181 – 140
12:06 Himanshu : nOT TRADED TRACKING
12:09 Himanshu : Straddle combo of 11950, 12000,12100 is down by 80Rs
12:09 Himanshu : 30600 Straddle down by 100 rs
12:09 Rajeshwar mutyapu : If todays lows are not broken, expect 12220, in coming sessions
12:17 Himanshu : Uttam in Goto 30 Minute charts Rs mentioend in NF an dBOTH says resposnove selling
12:18 Uttam : yes Himanshi as POC shifts to the topmost quadrant
12:18 Uttam : Hmanshu*
12:19 Himanshu : Ok thx
12:21 Uttam : 24k green at 30665 in BNF
12:21 Uttam : shorts ka SL?
12:24 Jitender : as i said LIC doesnt care 🙂
12:27 Himanshu : they have money of Rual india by selling money back plocies to 65 Year + citizens
12:27 Himanshu : Policies*
12:31 Sanjib : @UG FA at BNF in G Peiod?
12:33 Uttam : probable FA Sanjib
12:33 Sanjib : Thnx
12:38 Jitender : 670-590 half book
12:39 Govind : +1 Jit
12:39 Boppanna : +1
12:39 Jitender : tx guys
12:39 Govind : 30620 to 665 and then 30627 to 590; not huge trades but going with the flow here
12:39 Govind : first trades of the day
12:40 Jitender : +1
12:40 Ankit : congo govin and jit
12:40 Srinivas : +1 Jit & Gov.. congrats nice R:R trades
12:40 Jitender : tx Sri
12:41 Govind : Thanks Jit/Ankit/Sri
12:41 Uttam : congo Jit & Gov
12:41 Govind : weird day, which means patience is key
12:41 Govind : Thanks UG
12:41 Uttam : NF confirms PBH first
12:41 Govind : Also, BNF in that VWAP band, which means book profits fast
12:42 Uttam : FA to get confrimed in BNF?
12:43 Boppanna : H starting
12:43 Srinivas : Nifty is follwoing E-minis today 😉
12:46 Himanshu : 30800CE 156- 122
12:47 Srinivas : +! H
12:47 Srinivas : congrats
12:48 Himanshu : sri Thx
12:59 Jitender : bookd more..1/3rd left
13:04 Shai : OAOR shoulld give one move in the second session now
13:05 Srinivas : downside Shai?
13:05 Shai : should move towards 11907 on that RS seen
13:05 Srinivas : ok
13:06 Chandrashekhar : +1 Shai
13:06 Shai : still the imp ref into close- (09:06) Shai : 11902 is the SL for all longs made from last tuesday
13:06 Shai : mentioned it pre open and it stopped exact there
13:07 Jitender : +1
13:07 Shai : would have been great if we had traded with the world on friday
13:08 Shai : that neutral exteme was an easy short to take
13:08 Shai : we are just adjusting here to the world
13:09 Shai : would be an easier day tom to trade
13:09 Shai : don’t get carried away too much today
13:09 Shai : let thye sync happen again
13:09 Ankit : +1
13:12 Govind : LSE opens in 15 mins
13:14 Himanshu : They may betaking cue form us
13:14 Vishnu : 11900 pe still oi at 33.43l
13:14 Srinivas : what is LSE Gov?
13:14 Vishnu : london
13:14 Srinivas : ok
13:15 Srinivas : thx @Vishnu
13:15 Srinivas : sorry for the stupid questions.. trying to understand the lingo .. dont want to miss the fun
13:15 Govind : no worries Sri, must ask questions
13:16 Govind : otherwise, you will keep treading water or worse, sink
13:16 Uttam : Bops hammer coming late today?
13:16 Srinivas : thanks @Gov
13:17 Himanshu : Hammer is under policing
13:17 Himanshu : Ploshing
13:17 Himanshu : Polishing *
13:18 Boppanna : not sure Uttam H could just kissed vwap Uttam
13:18 Srinivas : today VWAP is acting like a strong magnet in NF.. not letting the price move too far
13:18 Uttam : NF taking mechanical support at prev week low of 11923 in BCDH periods
13:19 Uttam : mostly lower profile filling to happen in 2nd half before we get that afternoon move of the OAOR
13:21 Uttam : OAOR characteristic Srinivas – (13:18) Srinivas : today VWAP is acting like a strong magnet in NF.. not letting the price move too far
13:21 Uttam : ok Bops
13:22 Srinivas : +1 @ug
13:24 Uttam : come on lets take that 11923 out
13:25 Shai : This I l;ike – (13:15) Govind : no worries Sri, must ask questions(13:16) Govind : otherwise, you will keep treading water or worse, sink
13:26 Uttam : 🙂 +100
13:27 Uttam : -50k COT in NF
13:27 Uttam : -75 now
13:28 Boppanna : Uttam doing it 🙂
13:28 Uttam : _/\_
13:28 Uttam : 38k red at lows though
13:29 Uttam : 30500 teg coming in BNF?
13:29 Uttam : needs to stay below VWAP
13:29 Jitender : full book 545 (12:38) Jitender : 670-590 half book(12:59) Jitender : bookd more..1/3rd left
13:30 Uttam : awesome Jit
13:30 Srinivas : +1 Jit.. nice ride from the top
13:30 Boppanna : +1
13:30 Shai : +1
13:30 Uttam : another -27k in NF at lows of this bar
13:30 Jitender : tx n cheers guys…..
13:33 Vijay : dow jones futures down more than 500 points
13:34 Uttam : new lows coming in NF?
13:35 Chandrashekhar : Hypo D is not yet complete Uttam;)
13:35 Uttam : March PEs making new highs
13:35 Jitender : cmon baby…m ready either way 🙂
13:35 Govind : Europe down more than 2% across the board, as expected
13:36 Govind : Like Shai said, that Friday holiday messed it up for us
13:36 Govind : 30585 to 542
13:36 Shai : gettinmg there- (13:05) Shai : should move towards 11907 on that RS seen
13:37 Chandrashekhar : that dots on 910 is 3SD ref Shai?
13:38 Jitender : MFSL 607-590
13:38 Vijay : +100
13:39 Boppanna : +1 Shai on dot so far
13:40 Uttam : 4 more mins
13:41 Uttam : done – (13:34) Uttam : new lows coming in NF?
13:42 Uttam : hammer came in I period
13:42 Chandrashekhar : 1.1 lac red @ 11895
13:42 Himanshu : greens in NF
13:42 Himanshu : SLs
13:42 Uttam : 30517 so far – (13:29) Uttam : 30500 teg coming in BNF?
13:42 Vijay : 12100pe 180-215
13:43 Uttam : 11900PE OI still not feeling the pinch
13:44 Vijay : big guys here?
13:44 Uttam : 1L guy could be a roll
13:44 Uttam : Mar also has similar vols
13:46 KK : last time. similar volume came at 922
13:46 MJ : Yes uttam
13:46 MJ : march vols too
13:46 Uttam : 45dgree move to 11936 could come in NF
13:46 Uttam : if we stay above IBL
13:47 Uttam : BNf making a nice bell 🙂
13:47 Uttam : one test of 30580 & RS there would be nice
13:48 Uttam : 11900ce OI now starting to rise
13:48 Uttam : still 32.4L to 19L that ratio is
13:52 Jitender : still holdn tis in pos a/c with avg cost 51 (11:01) Shai : Intra – Buy 11900 pe at 55.5 – 56 sl of 50 tgt 65
13:52 Jitender : just let go half at 73
13:53 Jitender : it can dbl if uttam gvs dbl 69
13:56 Jitender : America loves India…but shashi tharoor was kept out 😉
13:56 Jitender : too much luv can be dangerous
13:56 Uttam : lol Jit 🙂
13:57 Jitender : it’s an awesum thing to watch
13:58 Uttam : Mar 11800pe booked 50% from 132.5 to 160.8, rest will trail to cost
13:59 Jitender : +1
13:59 Uttam : BNF 30500pe from 186 to213
13:59 Jitender : congrats
13:59 Uttam : thanks Jit 🙂
13:59 Srinivas : nice Uttam +1
13:59 Uttam : thanks Srinivas
13:59 Govind : Congo UG, good one
13:59 Uttam : thanks Gov
14:00 Uttam : NF low so far – 11888 – d) Below 11922, the auction can move lower to 11904 / 11888-864 & 11849-826
14:00 Jitender : 826
14:00 Uttam : 2 IB bhi milega then Jit 😉
14:01 Boppanna : they keeping this till Trump finishes his speech?
14:01 Jitender : spx -74
14:01 Govind : getting a bit whippy here
14:01 Uttam : @Bops that Mar 11800pe has a target of 280
14:01 Srinivas : Es is melting like butter 3266
14:01 Uttam : p&f
14:02 Boppanna : +1 Uttam
14:02 Uttam : 11900ce OI now at 31L
14:02 Uttam : 21L*
14:03 Uttam : BNF’s tuen to make new lows?
14:03 Uttam : looks ready
14:04 Govind : +1
14:04 Govind : Got in at 30560 Uttam
14:05 Govind : damn whipsaws
14:05 Boppanna : 30300pe needs a push above 131
14:05 Uttam : yes will look to enter BNF post 2:45
14:05 Jitender : Trump talkn abt India like no prez before……awesum
14:05 Uttam : right now no positions
14:05 Jitender : damn grt
14:05 Uttam : cheers +100 – (14:05) Jitender : Trump talkn abt India like no prez before……awesum
14:05 Boppanna : yup he says Kohli 🙂
14:06 Srinivas : he is using all the right words 😉 circket Sachin Virat
14:06 Jitender : DDLJ
14:06 Jitender : n bhangra
14:06 Srinivas : +!
14:06 Boppanna : man both know how to keep the crowd keyed 😉
14:07 Jitender : watever b the politico affiliations….tis is a grt moment fr India
14:07 Govind : Yes, agreed Jit
14:08 Himanshu : trump is long now
14:09 Vijay : One thing i really like about Donald Trump is that he is obessed with America’s economy
14:15 Shai : 3266- (11:38) Shai : cmp 3290 breaks 3288 drops to 3276- (10:33) Shai : watch 3297 if using the ES mini\
14:15 Ankit : +100
14:16 Shai : 11874 doable
14:17 Boppanna : Shai..Nice of u to share on ES mini as well like before
14:17 Shai : High volume sellimg in ES last week
14:17 Shai : donlt ignore it
14:17 Vishnu : es mini what?
14:18 Jitender : spx
14:18 Jitender : Shai..loaded spx or sum stocks data as well ?
14:18 Govind : and Gold a one trip up as well
14:18 Govind : one way*
14:20 Rajesh : shai ES means
14:20 Govind : it is the S&P 500 futures
14:20 Ankit : s&p 500 e mini futures
14:20 Jitender : usa index s&p
14:20 MJ : Good writer for trump’s speech.
14:21 Jitender : MJ ..thought u wud have DM(ed) Melaine by now 🙂
14:21 Jitender : y leave
14:21 Boppanna : Trump done now can we move
14:21 MJ : lol
14:22 MJ : Checked his speech after all the comments here.
14:22 MJ : Not on social media these days. J
14:25 Boppanna : Jit just move that 490-500 fella pls
14:25 Boppanna : thx
14:25 MJ : Aahaha bnf! lovely.
14:25 Sagar : 0
14:26 Govind : exited at 490, from 30560
14:26 Govind : :), DT done finally
14:26 Ankit : congrats govind
14:26 Jitender : congrats guys
14:26 Srinivas : +1 Gov
14:26 Jitender : 560-485 half book
14:26 Govind : Same pinch Jit
14:26 Jitender : vwap + (09:39) Jitender : bnf has sellers at 560
14:26 Govind : but I booked fully
14:27 Govind : Thanks guys
14:27 Jitender : bookd more at 89 (13:52) Jitender : still holdn tis in pos a/c with avg cost 51 (11:01) Shai : Intra – Buy 11900 pe at 55.5 – 56 sl of 50 tgt 65
14:27 Jitender : 1/3rd still left
14:28 Shai : done- (14:16) Shai : 11874 doable
14:28 Vishnu : shai where we will see in this fall
14:28 Govind : +1 Jit
14:28 Govind : +1 Shai
14:28 Ankit : +1 guys
14:29 Shai : vix ride gave onky 5 points in 11950 ce but 71 to 92 in 11900 pe 🙂
14:29 Shai : expecting shorts to cover in the close- (14:28) Vishnu : shai where we will see in this fall
14:30 Ankit : 1.5 Ib nf
14:30 Shai : 11833 destination trade
14:30 Shai : 11910 trailing sl
14:31 Shai : vix is up 18.5
14:32 Shai : This rise in vix is a sign of shift in trading range
14:33 Shai : tom will be an imp day in NF
14:33 Boppanna : Shai BNF 300?
14:33 Uttam : howdy VT 🙂
14:33 Uttam : afternoon move is here
14:33 Boppanna : bingo Uttam
14:33 Uttam : now will BNF make those new lows?
14:33 Ankit : macha rahe hain sab
14:34 Ankit : 😀
14:34 Boppanna : half out 30300pe from 121
14:34 Uttam : Fa confrimed in BNF
14:34 Boppanna : *131
14:34 Govind : 30000pe from 56.52 to 98.25
14:34 Shai : easy – (14:30) Shai : 11833 destination trade
14:35 Ankit : 2 IB done
14:35 Ankit : almost
14:35 Govind : 2 dt done
14:35 MJ : Cheerio Gov.
14:35 Ankit : waah govind
14:35 Govind : done for the day
14:35 Ankit : _/\_
14:35 Boppanna : trail rest 170
14:35 Govind : Thanks guys
14:36 Uttam : congo guys 🙂
14:36 Boppanna : ditto Uttam
14:36 Prateeek null : 30500 pe from 230 to 280. dt done.
14:36 Shai : +1
14:36 Govind : Vishnu, gold is rocketing man
14:37 Ankit : but sales slump
14:37 Shai : 21.4% vix
14:37 Ankit : mostly
14:37 Uttam : booked another 25% of that Mar 11800pe at 190.5
14:39 Srinivas : is positive COT profit booking?
14:39 Uttam : 11900 OI now 31L to 24.3L
14:39 Uttam : expiry week Srinivas so could be rolls here
14:39 Uttam : or just closing of positions
14:39 Srinivas : ok
14:39 Uttam : so be a bit careful about them this week
14:39 Jitender : first in class (14:00) Jitender : 826
14:40 Uttam : alwasy Jit 🙂
14:40 Uttam : told you you had put your stamp in NF once IB got over itself 🙂
14:40 Jitender : more at 435 (14:26) Jitender : 560-485 half book
14:40 Jitender : 3x thru fr the day with meter down 🙂
14:41 Govind : Nice!!
14:41 Boppanna : Jit _/\_
14:41 Jitender : (11:33) Jitender : vix is up…but bnf PEs r becoming cheaper with rising vix(11:33) Jitender : fishy part 1(11:33) Jitender : smacks of distribution
14:41 Jitender : tx guys
14:41 Boppanna : all out
14:41 Jitender : c hw patience pays
14:42 Ankit : superb
14:42 Jitender : congo BoPs
14:43 Uttam : those 11900pe wrtiers now starting to reduce, can they hold or are we getting a spike down?
14:44 Uttam : 11833 is 2 ib in NF
14:44 Vishnu : https://vtrender.slack.com/archives/C0F2VRTPW/p1582535718006500
14:44 Vishnu : 2 dt done
14:44 Uttam : congo Vishnu
14:45 Boppanna : congo guys
14:45 Vishnu : heavy fever
14:45 Shai : 11800 pe sl of 57 cmp 64 for the last spike down tgt 78
14:45 Srinivas : congrats @Vishnu
14:45 Uttam : oh your fever still not gone Vishnu?
14:45 Boppanna : fever and 2Dt _/\_
14:45 Uttam : I guess it is the fever of making DT Bops 😉
14:47 Vishnu : no ug
14:47 Vishnu : drousy feels
14:47 Vishnu : not in mood to do nothing
14:48 Vishnu : shai 2.6 l co there
14:48 Uttam : viral fever is it? you have it from Thursday na?
14:48 Vishnu : its roll or covering?
14:48 Vishnu : yes ug
14:49 Jitender : guys who have viral..pls b careful in travelln esp in airports
14:49 Shai : 71 book half- (14:45) Shai : 11800 pe sl of 57 cmp 64 for the last spike down tgt 78
14:49 Jitender : corona deaths in Iran spike to 50 from 12
14:50 Jitender : news
14:50 Jitender : spx -88
14:50 Shai : 3256 new supp
14:50 Jitender : 3252 nw
14:51 Shai : 3261 F
14:52 Jitender : hmmm..u r seeing mini ?
14:52 Shai : holding 3256 may bounce to 3280 in their opem
14:52 Jitender : spx fut m gettn 3252
14:52 Shai : yes
14:52 Jitender : k
14:53 Shai : https://in.tradingview.com/symbols/CME_MINI-ES1!/
14:53 Uttam : 11900pe OI now at 29L
14:53 Vishnu : shai is it wise to carry pe ?
14:53 Shai : madness there
14:53 Jitender : why mini Shai…in place of spx fut ?
14:53 Shai : more liquid
14:53 Jitender : cool
14:54 Ankit : yes and affordable lot size
14:54 Uttam : we had mini nifty too na once but they stopped it
14:54 Ankit : do you trade shai? mini?
14:54 Shai : lol yes
14:54 Sachin : why is PE OI increasing?
14:54 Sachin : hedge?
14:55 Vishnu : shai pe carrying ?
14:55 Jitender : we r at vwaplow lvls..btw
14:55 Shai : I used to – had both TOS and an optionxpress account- but I stopped now
14:55 Uttam : oh yes when Vix is rising hedges will be even more right Jit?
14:55 Jitender : ys
14:55 Shai : just started tracking again
14:55 Uttam : and I think I know why you started again Shai 😉
14:56 Shai : Guys this is giving early indications of being the real bear
14:57 Shai : I mean finally we could see a 7 to 10% healthy correction
14:57 Ankit : +1 shai
14:57 Vishnu : good
14:57 Sachin : small positional plays shai on the downside?
14:58 Shai : 11680 spot if we break this 11832 F tom
14:58 Shai : And more
14:59 Uttam : @Jit Maruti 6491 new lows
15:00 Jitender : grt
15:02 Uttam : 11826 coming?
15:02 Uttam : 2 ib done
15:02 Shai : Splendid work on your process Ketan – https://vtrender.slack.com/archives/C0F2VRTPW/p1582535797006900
15:02 Shai : hats off
15:02 Jitender : just happy with my reading today (14:39) Jitender : first in class (14:00) Jitender : 826(14:41) Jitender : (11:33) Jitender : vix is up…but bnf PEs r becoming cheaper with rising vix(11:33) Jitender : fishy part 1(11:33) Jitender : smacks of distribution
15:03 Shai : +1
15:03 Uttam : extended hypo also completed in NF to the dot – d) Below 11922, the auction can move lower to 11904 / 11888-864 & 11849-826
15:03 Shai : Yes the morning was weird- one bounce was expected off the gap down but it came late and that was weird
15:03 Ketan : thanks Shai !
15:03 Jitender : -91 spx
15:03 Jitender : ys Shai
15:04 Shai : 3249 lows es
15:04 Uttam : 6486 Mauti Feb fut – final objective met
15:04 Shai : trump is not there to protect the spx
15:04 Shai : 🙂
15:04 Uttam : hbe will be shockeh when he sees it ;-p
15:05 Uttam : 11826.4 low in NF
15:05 Jitender : thrus..most of the pro spx guys wud have cvrd
15:05 Jitender : tat was a PB fall
15:05 Jitender : wen ppl were wondern why it fell
15:06 Ankit : tom can be deciding day
15:06 Jitender : wich decision ?
15:06 Ankit : of direction
15:07 Jitender : wats happening today
15:07 Ankit : 🙂
15:07 Govind : HDFCB rising
15:08 Shai : 11900 pe covering
15:08 Uttam : yep
15:08 Uttam : crossover happenign there
15:08 Uttam : both at 26L now
15:08 Jitender : tis is y we r stalln (14:55) Jitender : we r at vwaplow lvls..btw
15:08 Jitender : bands expandn nw
15:09 Jitender : needs a spike
15:10 Vishnu : 3 ib come at what price ug
15:10 Ankit : 11800
15:11 Uttam : (14:43) Uttam : those 11900pe wrtiers now starting to reduce, can they hold or are we getting a spike down?
15:11 Uttam : 3ib at 11765
15:11 Vishnu : tom gap down
15:11 Ankit : oh yes
15:12 Jitender : Afganistan reportn corona
15:12 Govind : What if China announces they’ve developed a vaccine tonight Ankit? 🙂
15:13 Vijay : China has betrayed the entire world by hiding the impact of corona virus
15:13 Ankit : precisely why i say… tom will be a deciding day @govind 🙂
15:13 Govind : DO you guys remember H1N1?
15:13 Uttam : and why they cannot announce this after tomorrow Amkit ;-p
15:13 Jitender : u mean day after tey cant discvr Ankit 🙂
15:13 Uttam : lol
15:14 Jitender : hehe
15:14 Govind : I was there when it first broke out; CDC did not handle it well and covered it up
15:14 Ankit : not sure they consult me 😉
15:14 Jitender : tats the prob…we r too casual abt it ..till nw
15:15 Jitender : was thinkn of Goa in Holi…but m gonna shelve it nw
15:15 Govind : Afghanistan to Pak to INdia won’t take long
15:16 Uttam : 11900ce OI gets above the PE OI
15:16 Jitender : bookd all trades
15:16 Vijay : Its not affecting much in India because of heat
15:16 Uttam : 26.6L to 26L
15:16 Govind : alright guys, see you tomorrow and let’s hope and pray they find a way to control this virus
15:16 Govind : Bye
15:17 Vishnu : that epidemic gone beyond chinas range.
15:17 Vishnu : my cousin int PS to hon minister V muraleedharan
15:18 Vishnu : he sai to me that actual report is far up than china reports
15:18 Vishnu : strictly in the room not outside
15:18 Vishnu : talk
15:19 Uttam : Jit has been saying that from day 1 Vishnu 🙂
15:20 Shai : 25% RISE IN vIX
15:20 Shai : This is huge
15:20 KK : carry PEs for tomorrow
15:20 Uttam : crazy
15:20 Vishnu : yes shai
15:20 Shai : 26
15:20 Ankit : +1 shai
15:20 KK : ?
15:21 Shai : short calls better if you can manage the margin
15:21 Shai : carrryingg 12000 ce shorts at 27 sl of 39
15:22 Shai : probelm with long options is that a vix drop will kill the weekly
15:22 Shai : This is a new regime guys
15:22 Shai : Please manage things a bit differnt
15:23 Vishnu : monthly march can carry na pe long shai
15:23 Uttam : +1 Shai which is why traded the monthly 11800pe in NF today (March)
15:23 Shai : we have not seen vix surge 25% on a day since weeklies began
15:23 Shai : last year feb
15:23 Shai : okay monthlyt better
15:23 Shai : next month
15:23 KK : one report comes overnight, and we are 1.5% plus at the open ..there is a risk ?
15:23 Chandrashekhar : Thanks All, Bye now
15:24 Shai : yes can happen
15:24 Shai : 11930 supply tom
15:26 Shai : Bye all
15:26 Shai : Have a good evening
15:26 Shai : catch up early tom
15:26 Shai : we have closed in imbalance
15:27 Uttam : thanks All 🙂 have a lovely evevning
15:29 Himanshu : Uttam – Chief – So we canbalance tomrrow upto Vwap
15:29 Himanshu : Asking ?
15:30 Uttam : open could continue tjis imbalance Himanshu
15:30 Shai : depemds on the open type
15:30 Uttam : +1
15:31 Himanshu : Ok Thanks