Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.
Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF (July)
BNF (July)
Room Chat
08:40 Vtrender Live : 5 min charts of Nf- https://join.me/878-999-199
08:41 Vtrender Live : 5 min charts of BNF , password vtrender- https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
08:42 Vtrender Live : 30 min charts of NF and BNF- https://global.gotomeeting.com/join/632258773
08:50 Manikandan : Gm all
08:54 Neeraj : GM everyone…!!!
08:56 Giridhar Gowravajhal : GM all !!!
08:57 Shai : Yesterday’s late move below 10350 on those multiple IS made is expected to create a gap down today
08:57 Shai : gaps on settlement days are tricky as they trap old option writers
08:58 Shai : could easily be another 200 pointer in NF today
08:58 Shai : 10350 is now higher resistance for day , but 10250 would be difficult to cross on the gap down
08:59 Shai : ref area at 10250 andthe old base at 10100 for the settlement
09:01 Chandrashekhar : GM all
09:03 Sylvester : GM friends.
09:03 Shashidhar : Good Morning All
09:04 Gopi : GM
09:05 Himanshu : GM all
09:09 Avinash : GM Everyone
09:10 Shai : Reminder- webinar at 08.30 pm today in the room. Plogin with the same ID and password
09:11 Nagaraj : Goodmorning all
09:12 Tejpreet : GM All
09:13 Uttam : Good Morning All 🙂
09:14 Sachith : Good morning everyone… happy trading
09:14 Shai : Hope no one carried longs overnight
09:15 Avinash : no
09:15 JayJ : carry put long
09:15 Abhishek : no
09:18 Naresh Dubbudu : Carried shorts through puts in BNF
09:19 Shai : +1
09:19 Himanshu : NO
09:19 Naresh Dubbudu : Carried BNF 22000PE from 660. Expecting 1200 in the first hour,
09:19 Shai : BNF continues to be weak
09:19 Shai : 21600 mentioned yesterday was the reversal and ref area now
09:20 Shai : 20800 minor supp, below that fast drop again
09:21 Shai : NF could be an OAOR with range at 10230- 10170
09:21 KK : lets go 10230 then
09:23 Naresh Dubbudu : I had booked 22000PE at 1004. Will wait for a good entry again.
09:23 KK : 160 to 174 10200 CE next week
09:24 KK : on those greens in NF
09:24 Avinash : +1 KK
09:25 Tejpreet : KK same trade exit at 172 odd
09:26 KK : he he..TEj ,,i am your student ..so
09:26 KK : Shai, gave the range..so why waste time, I booked
09:27 KK : +1 Tej
09:27 KK : regret not carrying a small put option..so easy , but sticking to the plan..works better
09:28 Tejpreet : +1
09:30 KK : Ab yahan se wapas chalen
09:30 KK : in true OAOR sense
09:31 KK : why is it going in previous day range..shai, do let us know, at which point, we skip this 15 point trading of OAOR,, IS it above 10250 and below 10170 ?
09:36 MJ : Good morning chief and all 🙂
09:38 Shai : COt plus still. 10255 ref abv
09:39 Uttam : we had 0s at lows plus a 70k green at 10190
09:40 KK : doen now
09:40 KK : lets go back to 10232
09:41 KK : but bnf 21300 is still waiting..so need to wait
09:42 Avinash : Gap filled in spot fut still open
09:42 Avinash : NF
09:46 Rajesh : open is ORR?or OAOR?
09:47 Uttam : OAOR
09:49 Chandrashekhar : Now Spike rule applicable Uttam?
09:49 Chandrashekhar : for NF
09:51 Uttam : we had a Trend Day down Chandra so no spike – close at lows was part of auction
09:51 Uttam : 10296 is a hvn
09:52 Uttam : 1L green in NF
09:52 Chandrashekhar : 1 lac green @ 10270
09:52 Chandrashekhar : +1 Uttam
09:52 Uttam : roll looks like
09:52 Uttam : same vol in Jul
09:52 Rajesh : nifty bias: open singles,above vwap.waiting for RE….bullish as of now
09:52 MJ : rolls
09:54 Shai : 10222 now a supp
09:54 Shai : early morning greens holding th NF up
09:56 MJ : anyone with 10200 ce pe oi nos?
09:57 MJ : my system in reboot mode.
09:58 Seshadri : 10200 OI- CE 16.1L, PE-51.5L
09:58 Chandrashekhar : 15.7 ( CE) : 51. 2(PE)
09:58 MJ : Thanks both.
10:00 Seshadri : 10300 OI- CE40.2L, PE-26L
10:00 Shai : 09.25 vol in 10200 ce at 53 is the early driver
10:00 Shai : 53 a supp there
10:01 MJ : Thanks chief.
10:02 Uttam : 21k pe from 1099 to 1129 50% out
10:02 Uttam : RS just below 21300
10:02 Himanshu : July 30th you mean
10:02 Uttam : but VWAP needs to be taken out
10:02 Himanshu : which 21kPE
10:02 Uttam : for more downside
10:02 Uttam : yes H Jul3
10:03 Uttam : Jul30*
10:03 Himanshu : KK
10:03 Uttam : 21125 imp leve
10:03 Rahul : below 21125 we can go short ?
10:04 Uttam : get an IS here at VWAP and will be lal the more good to short
10:06 Boppanna : nice trade Uttam
10:06 Boppanna : and exit
10:07 Uttam : thanks Bops
10:07 Uttam : overlapping POC at 21160
10:07 Parul : GM Uttam. what was the trigger for entry into 21k PE ?
10:08 Uttam : (10:02) Uttam : RS just below 21300
10:08 Uttam : failure to get into prev day range
10:08 Uttam : means can get back to vwap
10:08 Uttam : which happned
10:08 Uttam : now break VWAP & we can go for new lows
10:09 Uttam : low volumes so far so typical OAOR playing out
10:09 Parul : Thanks Uttam. Really appreciate all you veterans to answer these questions _/\_
10:10 Uttam : lookiing only for small range for first half unless we get a change in vols or an IB/IS
10:10 Rajesh : can we go long with IB Good cot ,vwap as stop
10:10 KK : Abki baar reentry ke lilye tayyar
10:10 Uttam : A period singles for now & VWAP being defended
10:10 Uttam : so we need to be vary of the C side & then go long if get a RE in D
10:10 Uttam : which would mean back in prev day range
10:13 Rajesh : A side and B side volume is good relatively uttam?
10:15 Uttam : poor vols Rajesh
10:16 Rajesh : ok thnx
10:22 Chandrashekhar : C side extn coming in NF looks like
10:22 Sanjeet : Uttam as per you comment I understood , that we should wait till C period and then go for long if we start trading yesterday’s range ..correct me if my understanding is wrong
10:23 Chandrashekhar : BNF makes RE
10:23 Chandrashekhar : NF too
10:23 Uttam : 10200ce from 369-375
10:24 Chandrashekhar : zeros above
10:24 MJ : 10200 ce 70 – 97
10:24 Parul : Both indexes IB with -ve COT so we ingnore this singal ?
10:24 MJ : thanks chiefman! those morning vols did hold
10:24 Uttam : C side here 🙂
10:24 Uttam : lets get another FA
10:24 Chandrashekhar : +1 Uttam
10:25 Govind : stage being set UG 🙂
10:25 Chandrashekhar : big reds and 0’s above c side
10:25 MJ : 0s above and below.
10:26 Uttam : BNF still good
10:26 MJ : thats imp.
10:27 Uttam : NF looking good for more
10:27 Bhavesh : i am new please tell meaning of IB,IS
10:27 MJ : 0s below can indicate sl.
10:28 Uttam : boom boom
10:29 Uttam : 21465 & 10311 needs to be tKEN OUT
10:29 Shai : 10200 call for 126 plus now
10:29 MJ : 21200 ce 177 323
10:29 Lakshmi : GM. C side- Can we fade the extreme now? Or should we wait?
10:30 Shai : (09:54) Shai : 10222 now a supp(09:54) Shai : early morning greens holding th NF up(10:00) Shai : 09.25 vol in 10200 ce at 53 is the early driver
10:30 Rahul : what should be the SL for 10200 CE ?
10:30 Shai : supp at 76 now- (10:00) Shai : 53 a supp there
10:30 Uttam : please go throgh the training library and make note of the rules for each set up guys
10:30 MJ : yes chief. 🙂 did shopping under vwap in that 10200 ce
10:31 Jitender : 21.5ce 37-132..morn trade
10:31 Uttam : (09:51) Uttam : 10296 is a hvn
10:31 Uttam : chech the highs
10:32 Uttam : congo Jit
10:32 Jitender : tx UG….
10:32 Uttam : 10311 cometh?
10:33 Uttam : done
10:33 Shai : 125- (10:29) Shai : 10200 call for 126 plus now
10:33 Rahul : cool one
10:33 Uttam : BNF 21465 done
10:33 Neeraj : superb shai
10:33 Shai : on IB and +COT, why would you do it? – (10:29) Lakshmi : GM. C side- Can we fade the extreme now? Or should we wait?
10:33 KK : 102 to 123 booked..10200 CE
10:33 KK : +1 Shai
10:34 Shai : Alll explained with rules in the TL, kindly go through for an elaborate explanantion- (10:27) Bhavesh : i am new please tell meaning of IB,IS
10:35 KK : 21520 will make a nice sell with SL above 21640 ?
10:35 Uttam : 10351 next?
10:35 Shai : yes
10:36 Shai : more added, no IS yet- (09:54) Shai : early morning greens holding th NF up
10:37 KK : 0s at the top
10:37 Uttam : (09:39) Uttam : we had 0s at lows plus a 70k green at 10190
10:37 KK : but no big red here
10:37 Uttam : then vwap was defended
10:38 Uttam : 21552
10:38 Shai : 40 new supp in 10300 ce
10:38 Shai : review at 10350
10:38 Uttam : +1
10:39 KK : lets go BNF back
10:39 Shai : earlly CE writers have been sent on a pligrimage already
10:39 Uttam : 21420 sup
10:39 Uttam : BNF has strength
10:39 Shai : tgt 77/82- (10:38) Shai : 40 new supp in 10300 ce
10:40 KK : ho gaya Banf
10:41 KK : actually wishful thinking, since entered at 520 with SL of 550..but NF is strong , need to come below 299 for comfort of staying in short
10:43 MJ : Yes shai. 3 dhaam (strike) yatra today too?
10:43 KK : Staying
10:44 KK : in shorts
10:44 MJ : monthly expiry day so keep booking profits mode on.
10:44 Jitender : mkts celebrating IMF cut 🙂
10:44 KK : +1 booked 21400
10:44 Shai : 10294 supp
10:45 Shai : 40 in 10300 ce
10:45 Shai : 10350 and 21600 will be stubborn and game changer if croosed on IB/ +COT
10:49 KK : lets go
10:50 K2dt : some ORR haan today.. thanks to awesome COT and veterans here
10:53 Shai : exit 10300 ce at 51- 52 if in
10:53 Shai : taking time here
10:53 K2dt : +1 chief
10:55 Sreedhar : 10200 pe at 11 Shai?
10:57 Uttam : extension handle in both
10:57 Uttam : PLR still up
10:57 Uttam : 1.5 IB done
10:57 Uttam : A period singles
10:57 Uttam : has been above VWAP since open
10:58 Uttam : not been above IBH
10:58 Uttam : no C side play today as did not get back into IB at all
10:58 Uttam : rare C side exctension handle we got
11:01 Govind : that EH right at PDL, UG
11:01 Uttam : yes Gov
11:01 Uttam : (10:10) Uttam : A period singles for now & VWAP being defended(10:10) Uttam : so we need to be vary of the C side & then go long if get a RE in D(10:10) Uttam : which would mean back in prev day range
11:02 Uttam : BNF going for new highs looks like
11:02 Govind : +1, spotting the shift in tide early, kudos
11:02 Uttam : aa gaya new high
11:02 Uttam : 21565
11:03 Govind : let’s get that 600 now
11:03 Jitender : hope no one is punchin 1lac qty orders here 🙂
11:03 Jitender : in hindsight
11:04 Govind : 🙂
11:04 Govind : 600 here
11:04 Uttam : (10:35) Uttam : 10351 next?
11:04 Uttam : +1 Gov
11:05 Uttam : BNF Jul also tags 1.5 IB to the dot
11:05 Uttam : 21557
11:06 K2dt : we’ll have to combine a few orders to get that 1lac Jit 🙂
11:06 Uttam : 10351 aaya?
11:07 Uttam : 21680 next in BNF is can stay above 21552
11:07 Uttam : 21705 was another ext handle in it yesterday
11:09 Govind : HDFCB needs to join the party
11:09 Uttam : RS forming in BNF at 21570
11:10 K2dt : what is day high in NF please?
11:10 K2dt : 348/351?
11:10 Uttam : 10348
11:10 K2dt : thnk UG
11:16 K2dt : above 350 what’s the immediate tgt UG?
11:17 K2dt : in NF
11:18 Himanshu : UG – rejection from 21598 –
11:18 Himanshu : in BNF
11:18 Himanshu : so As per chief’s point 21600 Reversal
11:18 Himanshu : Intact so far – am I right /
11:19 Chandu : hvn is ter at 21600
11:19 Lakshmi : Thank you Shai and Uttam. Understood why no C side play today.
11:19 Jitender : Himanshu 370-400 is the day pivot zone imo
11:20 Lakshmi : New to the group and the concepts. Trying to understand the logic behind all the setups.
11:20 Uttam : 21500pe 1203-1239
11:20 Jitender : +1 UG
11:20 Uttam : thanks Jit :)\
11:20 Tejpreet : +1 …uttam
11:21 Uttam : (11:09) Uttam : RS forming in BNF at 21570
11:21 Uttam : this was the reason for the PE
11:21 Favas : jit 370-400 dip buying?
11:21 Uttam : can give more but I am out
11:21 Jitender : 21.6pe 204-287
11:21 Uttam : VWAP test coming
11:21 Jitender : 2/2 fr ID
11:22 Uttam : RS+IS in BNF
11:22 Jitender : 370 touchdwn 🙂 (11:19) Jitender : Himanshu 370-400 is the day pivot zone imo
11:22 Uttam : to vwap to banta hai
11:24 Rahul : Uttam IS is there and if NF moves below 10299. new going down ?
11:26 Uttam : 10335 ref in NF on upside here
11:26 Rahul : sure
11:29 Sanjeet : some problem in mplite market profile chart today…Its getting blank periodically
11:30 K2dt : boom boom UG?
11:30 Shai : negotating 10350
11:31 K2dt : +1 chief
11:31 Shai : both holding, are keys to rest of the day- (10:44) Shai : 10294 supp(10:45) Shai : 40 in 10300 ce
11:31 Uttam : it is working fine for me Sanjeet – (11:29) Sanjeet : some problem in mplite market profile chart today…Its getting blank periodically
11:32 Sanjeet : shai then cn we go long after crossing 10350
11:32 Jitender : & backup 120bps+ (11:22) Jitender : 370 touchdwn 🙂 (11:19) Jitender : Himanshu 370-400 is the day pivot zone imo
11:32 Abhishek : ib with light blue plus cot in bnf’
11:32 Jitender : 2day is expiry pls chck LLT fr rolls
11:32 KK : BNF has something in store for all shorters of yesterday, is it ?
11:33 Jitender : tey r already killed
11:33 MJ : yeah jit. 🙂
11:34 Uttam : BNF going for 21680 if gets above D highs
11:35 Shai : Yes- (11:32) Sanjeet : shai then cn we go long after crossing 10350
11:35 Shai : has been a long view from open
11:35 Shai : Am expecting a jor push abv 10366 to 10430 and 10505
11:36 Shai : major*
11:36 Chandu : shai wat is d reason for long from open onwards
11:36 Shai : Orderflow
11:36 Sanjeet : Thank you shai
11:37 Saurabh : spike to YVAL abv 10366 ???
11:37 Saurabh : Shai??
11:38 Shai : yesterday was an imbalance, ignore the value areas
11:38 Saurabh : ok
11:39 Chandu : k tat means v hav to consider balanced value areas as strong ref
11:39 Shai : All that IS and COT we saw yesterday was someone very well prepared for the global drop
11:39 Seshadri : above 10366 to 10430 today shai?
11:40 Shai : yes that;s the idea
11:41 Vishnu : sesh u exited the pe with good profit?. congo to your big mtm
11:41 Sanjiv : Shai, SL on 10300CE pls….thanks
11:41 Seshadri : yes.. thanks vishu.. we trade in a group
11:41 Shai : 21598 done (09:19) Shai : 21600 mentioned yesterday was the reversal and ref area now
11:41 Shai : this led yesterday and our marker today
11:41 Seshadri : today bought 10250 call
11:42 Shai : similarly 10348 is the high, 2 short of 10350
11:42 Shai : easy to remember levels of Volume, they don;t change
11:43 Shai : stick them up on your PC’s , stop following random levels and you would be fine
11:43 Uttam : 🙂
11:44 Jitender : Uttam i know why u smiled 🙂
11:44 Rahul : Myself and my P&L cannot disagree with Shai since joining here
11:44 Jitender : u substitued the word ‘PC’ with sumthn for ppl who refuse to learn
11:44 Uttam : lol Jit
11:44 Shai : +1- (11:44) Rahul : Myself and my P&L cannot disagree with Shai since joining here
11:44 K2dt : hahah Jit
11:45 Shai : This is a test match , not a T20. we don;t have to score a century in every game
11:45 Jitender : tis is v V imp guys…(11:42) Shai : easy to remember levels of Volume, they don;t change
11:45 Jitender : pls follow wat Shai is sayn
11:45 Shai : go easy on your selves, enjoy the ride and the process.
11:46 Sanjeet : SL for long 10294 just triggered
11:46 Sanjeet : then bounced
11:46 Parul : Shai as a new joinee here have too many cobwebs, looking to clear in the webinar today 🙂
11:46 Uttam : 44k red there
11:47 Shai : you would have, don’t expect anyone to learn the markets in 2 or 5 days even a month
11:48 Govind : 10000 hours
11:48 Vyom null : yes it would take time to learn. hope to understand better in webinar today. i m also new
11:49 Vishnu : whats is tgt shai for this is vwap
11:49 Shai : +1- (11:48) Govind : 10000 hours
11:49 Shai : No exceptions
11:49 Uttam : yes +100000
11:50 Rahul : Sl triggered and back to cost .. expiry days 🙂
11:50 MJ : 1250 hrs in a avg trading year.
11:50 Shai : we cancelled that trade as market was expected to stall
11:50 Shai : No trade was open
11:51 Rahul : ohh sorry i may hv missed it
11:51 Shai : (10:53) Shai : exit 10300 ce at 51- 52 if in(10:53) Shai : taking time here
11:51 K2dt : chief balance forming now on the upper side of the profile?
11:51 Rahul : I was referring to NF at 10294 SL
11:51 Shai : started moving again
11:52 Shai : IS
11:53 Saurabh : vwap tested???
11:53 Rahul : what is the next support level
11:53 Rahul : 10244 ?
11:54 Sachith : vwap, ibh, pdl all in one area in bnf
11:55 Himanshu : Exited – JIt 22K CE – 38 – 8 now
11:55 Himanshu : BNF being beast and Order book is heavy
11:55 Himanshu : Chief – said 21600 Level – kept that in min d
11:56 Amit Jain : jit 100 down from 370 wooohooo:)
11:56 MJ : cheers H.
11:56 Himanshu : Thx buddy
11:56 Himanshu : Will login soon
11:56 Jitender : congo Amit & H
11:56 MJ : 30 – 51 10300 pe
11:57 Himanshu : Jit – Thax Sirji
11:57 Jitender : wc bro
11:57 Shai : Buy 10300 pe at 52 sl of 28 tgt 107
11:57 Shai : we go with this IS for 10230
12:02 Sachith : UG 21160 hypo coming?
12:04 Shai : 65 reduce some size and hold sl at 49 the rest- (11:57) Shai : Buy 10300 pe at 52 sl of 28 tgt 107
12:07 MJ : cheers shai. boarded again with you.
12:10 Shai : rejection off 10350 almost confirmed
12:10 Shai : A break below 10230 could give new day lows
12:11 Vyom null : how to confirm rejection Shai? is it breaking of IB?
12:11 Shai : IS
12:11 Shai : (11:51) Shai : started moving again(11:52) Shai : IS
12:12 Shai : one more IS can come if 10250 goes
12:12 Vyom null : ya that’s correct but 10350 rejection when do we confirm? like u said almost confirmed
12:13 Sreedhar : In BNF now important level playing around vwap IS or IB here will decide the direction .Right Shai?
12:14 Shai : lack of new demand followed by IS was seen- (12:12) Vyom null: ya that’s correct but 10350 rejection when do we confirm? like u said almost confirmed
12:15 Vyom null : ok Shai thanks
12:15 Shai : came right?- (12:12) Shai : one more IS can come if 10250 goes
12:15 Uttam : morning singles test coming in both?
12:15 Parul : Awesome Shai
12:15 Himanshu : Chief – This one is butter knife cut
12:16 Himanshu : What a reading ?
12:16 Uttam : 10300pe from 382-392
12:16 Shai : +1
12:16 Vyom null : great analysis
12:16 Sanjib : 21200 PE 125 to 162
12:17 Uttam : spot already in morning buying tail
12:19 Rahul : target coming,,, shai awesome
12:20 Uttam : Neutral Extreme coming Shai?
12:20 Uttam : lets see how the morning tail fares
12:20 K2dt : 60-78 10300 pe
12:20 Uttam : congrats guys
12:20 Rahul : Do we have trailing SL concept here
12:20 Rahul : Just asking
12:21 Shai : break 10222- 10230 and you get what you want Uttam
12:21 Chandu : uttam fr neutral extreme v hav come to break tdy lows right?
12:21 K2dt : whoa chief 🙂
12:21 Vishnu : 222 below ur area shai
12:22 Uttam : yes Shai 10230 imp
12:22 Uttam : lets see what the expiry afternoon has in store
12:22 Uttam : Tej did promise some explosive moves today
12:23 K2dt : +1 UG.. abhi paper leak ho gaya niche janeka.. to thoda pullback ho jaye
12:24 MJ : UG 20 marks wala question batao.
12:24 MJ : 😛
12:24 K2dt : lol MJ
12:24 MJ : engineers will relate.
12:25 Tejpreet : Uttam 103 combo ….looksgood then.
12:25 Shai : IS leads Price always- (11:57) Shai : we go with this IS for 10230
12:25 Uttam : +1
12:26 Shai : IB also 🙂
12:26 Vishnu : +1 shai
12:26 Rahul : +1 to VT
12:26 Sanjeet : is the target of 106 intact for 10300 pe
12:26 Neeraj : +1 Shai
12:27 Shai : Trail at 62 in the 10300 pe]
12:27 Shai : can add back if 10222 breaks for day lows
12:27 K2dt : tgt still 108 chief?
12:27 Sanjeet : okay ..thank you shai
12:27 Shai : yes
12:27 K2dt : thnx chief
12:28 Nagaraj : brutal
12:29 K2dt : paper leaked to abhi shorts ko nikalneka
12:29 Nagaraj : IBs
12:29 Uttam : bahut time baaki hai abhi
12:29 Nagaraj : Lol K2dt
12:29 K2dt : +1 UG
12:29 Uttam : aate hain break ke baad
12:29 Shai : make exit in the bal qty of puts
12:30 Shai : yes
12:31 Shai : Anything near 10320 they may short again today
12:31 Nagaraj : ok shai
12:31 Govind : IB in BNF at Open level and a 150 pt bounce from there
12:32 Rahul : Also a short if we break 10225 ?
12:32 Shai : 10222 now
12:34 Saurabh : buy abv VWAP???
12:35 MJ : A wali tail.
12:39 Chandu : shai 10222 is a period tail r any OF ref
12:41 Shai : OF Buyer near open
12:41 Shai : Also at 10187
12:43 Shai : buy in 10200 pe tgt 57
12:43 Shai : sl of 17
12:43 K2dt : daxF 12 hazaar toda
12:43 Jitender : 21.4pe 191-300..tx 2 BoPs
12:43 Rahul : 57. CMP of 10200 PE is 36
12:43 Govind : +1 Jit
12:43 Boppanna : +1 Jit
12:43 MJ : Aagayi A wali tail 😀 65-102 10300 pe
12:44 Jitender : tx guys….Gov also gt the spx dwn
12:44 Shai : 107 on that PE
12:44 K2dt : wow Jit
12:44 K2dt : +1000 chief
12:44 Rahul : yepppp
12:44 Govind : 🙂
12:44 Shai : looking for new day lows
12:45 Shai : hence 10200 pe agtain
12:45 Jitender : see the magic 🙂 (11:19) Jitender : Himanshu 370-400 is the day pivot zone imo
12:45 Jitender : love bnf
12:49 Chandu : shai v need to break 10187 fr further dwn move
12:51 Seshadri : i am not able to see messages
12:52 Himanshu : JIt Yes
12:53 Himanshu : BNF is managed by Jit – BOP – UG
12:53 Shai : will move to next week options
12:53 Shai : 10200 pe not rewarding
12:53 Himanshu : Chief -loves NF – High Volume drama
12:53 Shai : if you are in PE book out
12:54 Shai : last buyer holding NF
12:54 KK : most beautiful trades are when extension fails
12:54 Shai : 10100 is destination traade beloow 10180
12:55 Vyom null : today now when should we start seeing the july futures reference levels?
12:55 Shai : saw the clean move below 10222?
12:56 Shai : went startight down to the other buyer at 10187
12:56 Shai : That’s how OF levels work
12:56 Vyom null : yes super
12:56 Rahul : supper booked
12:56 MJ : timing shai
12:56 MJ : vol time price
12:56 MJ : all together.
12:56 MJ : /\
12:57 Shai : expiry games for some time
12:57 Shai : that 10200 pe is giving a hint
12:57 KK : DAX back above 12000
12:58 KK : failed extension
12:59 MJ : 2.66 mil in 10200 ce dukaan.
12:59 MJ : 5.23 in pe
13:00 Favas : shai 10200 pe short?
13:01 Vyom null : july future is 10171. it it important or we start seeing it only from tomorrow?
13:02 Shai : yes
13:02 Shai : we trade the one which has higher volumes
13:02 Shai : currently June is higher
13:02 Vyom null : ok. great
13:03 Uttam : Nifty spot tagging the VPOC of 10194
13:03 Uttam : taking sup there
13:03 Shai : stopped at this second guy- (12:39) Chandu : shai 10222 is a period tail r any OF ref(12:41) Shai : OF Buyer near open(12:41) Shai : Also at 10187
13:04 Shai : so we know he needs to be taken down for more
13:07 KK : shorts ke pants VWAP tak utar jaaye to fun ?
13:08 K2dt : lol KK..
13:08 KK : volumes low
13:09 MJ : KK
13:09 MJ : shaabash che.
13:09 KK : 10150 CE 71 to 90..SL 60..holding
13:10 Nagaraj : Shai 10350 revisit posible?
13:11 KK : chal booking..here
13:11 KK : expiry day
13:11 Sanjeet : my all orders in pe is stuck since angel is not working
13:12 K2dt : sell or buy Sanjeet?
13:12 Swapnil : Your commentary is informativ but also enjoyable KK. Thanks 🙂
13:12 Kannan : good day today. done + 71k no more trade today unless clea opportunity seen
13:12 Sanjeet : it was buy
13:12 Uttam : congrats K
13:12 K2dt : can’t book..thats bad
13:12 Sanjeet : no support from angel no rm
13:13 Sreedhar : yesterday it happened to me in Fyers
13:13 Jitender : breaking News : HUL to rename ‘fair n lovely’…fair will be removed
13:13 K2dt : lol
13:13 KK : jai Ho “HUL”.good move
13:13 KK : Ab SRK ka kya hoga
13:13 KK : abki baar 267 ko tag
13:14 Jitender : it will be only ‘lovely’ now:)
13:14 KK : entered again at 84 that CE K2DT
13:14 K2dt : vidya balan roasted him nice
13:15 MJ : bnf go yaarr
13:17 KK : chalo
13:17 KK : dhakka
13:17 KK : yahin pe balance bana rahe hain ye log
13:17 K2dt : vix is not reacting to today’s move.. may be this move is settlement related
13:18 KK : Exited all..wait and watch now
13:18 Uttam : both looking like a DD now
13:18 Vyom null : dd means?
13:18 K2dt : UG triple distribution karoge? 😀
13:18 Uttam : can give a triple distribution lower if does not get above VWAP soon
13:19 K2dt : +1
13:19 Vyom null : ok
13:19 Uttam : DD = Double Distribution
13:19 Vyom null : so failure to cross vwap may invite more IS?
13:20 Uttam : yes and will force the new byers to also get out
13:20 Uttam : I period ext handle coming?
13:20 Vyom null : ok thanks
13:20 Chandrashekhar : +100 for the logic Uttam
13:21 Chandrashekhar : to fall it has to rise first and vice versa
13:21 Uttam : lets get that Neutral Day confirmation
13:22 Uttam : 10206 & 21100 stalling reds for now
13:22 KK : UG tum lao hum tumhar
13:22 Uttam : je baat
13:22 KK : saath hain
13:22 Uttam : keep going
13:22 Vyom null : what would be that? going below IB?
13:22 Uttam : yes
13:22 Uttam : morning lows at 10181
13:23 Vyom null : yes thanks
13:23 Uttam : COT showing reds in both
13:23 Uttam : will they force that last buyer out?
13:23 KK : confused hai market..
13:23 Sanjeet : still stuck not able to square off
13:24 KK : entry in that CE again
13:24 KK : at 75
13:24 Avinash : Sanjeet try alternate platform
13:24 Sanjeet : its pe
13:25 Sanjeet : 14 lots are there …tried that also
13:25 Avinash : Thats bad
13:25 Tejpreet : Sanjeet try call n trade and record the conversation.
13:26 Vyom null : which platforms u guys use? Uttam Shai the veterans..
13:26 Vishnu : will we see 10088 in nf ug?
13:28 Uttam : depends on the number of PEs you have loaded Vishnu 😉
13:28 KK : chalen wapas 240
13:29 Govind : He has got his round number target UG :)….
13:29 Govind : fancy number*
13:29 Uttam : 🙂
13:30 KK : na 267 this time..come on greens..try try..
13:31 Vishnu : am not in any after the dt
13:31 Uttam : action starts in J period looks like
13:32 MJ : 10200 ce another round
13:32 MJ : done.
13:32 MJ : going back to that jit’s no
13:33 KK : haa ha 117 it is
13:33 Suresh : bnf breaking vwap
13:34 KK : with this Bias reversed in BNF , I guess
13:34 KK : we are not going back MJ, probably
13:35 Jitender : algo’s running riot
13:35 Jitender : welcome 2 a glimpse of hw tradn happens in Dow
13:36 MJ : haha!
13:37 MJ : KK just tsl now.
13:37 MJ : after this kinda move.
13:38 Himanshu : 39-9 20800 PE
13:38 Himanshu : Jit – Your day pivot trip from DLOW
13:39 KK : SL for what
13:39 KK : we are going for day high in BNF
13:39 KK : Sabki uttregi
13:40 Himanshu : But remember Level 21600
13:40 Himanshu : Very key – if it crosses then – Utregi – Nahi to
13:40 Uttam : 10200ce from 350.7 to 366
13:40 Himanshu : PE writers of 21K are in sight
13:40 Jitender : spx recvrs from -40 to -22
13:40 Uttam : IB at VWAP in both
13:41 Uttam : OF erocks
13:41 Uttam : DD to bell now
13:41 Uttam : back to that 10290
13:41 Uttam : 10296*
13:41 Rahul : we going higher from here ?
13:42 Uttam : above 10296 can go to 10320
13:42 Uttam : profile filling
13:42 Uttam : 10296 here
13:42 KK : Ha ha ha
13:42 Uttam : IB at VWAP with COT 55k & then 72K
13:42 Uttam : aur kya chahiye
13:43 Uttam : keep it simple
13:43 KK : Dalton says, if extension on lower side fails..it will go to other side
13:43 KK : abhi to shuru hua hai
13:43 Uttam : BNF looking like wants to hurt some PE weriters?
13:43 K2dt : vaccine aa gyi kya 🙂
13:43 Avinash : lol K2
13:43 Jitender : wat K@..i put the news here
13:43 Jitender : K2
13:43 Govind : watching 20600 Uttam
13:44 Uttam : 21680
13:44 Uttam : that would be the objective
13:44 Uttam : 10320 on your screens
13:44 Govind : sorry, 21600
13:44 Tejpreet : Jit sir 20/20 till now
13:44 Rahul : uttam awesome
13:44 Avinash : +1 Tej
13:45 Uttam : BNF’s turn
13:45 Sachith : bnf IB blue cot with high vol/sec and increasing vol/sec in 2nd candle gives strong conviction to hold longer … thanks Shai .. vol/sec is superb
13:45 Jitender : Tej sir +1
13:46 Tejpreet : 🙂
13:46 K2dt : Jit u broke the story first :p
13:46 Tejpreet : Tks Avinash
13:46 K2dt : 90000 🙂
13:47 KK : I was 0.75 DT minus , one move and 1.5 DT plus
13:48 Jitender : +1 KK
13:48 Uttam : NF want to tag that 10351?
13:48 Uttam : failed the first time in the morning
13:48 Govind : Jit, you should have gone for a nice round 1 lac qty 🙂
13:48 Uttam : BNF needs to get into its moce
13:48 Uttam : mode
13:48 KK : ab dekho yeh 53 K green aaya for 351
13:48 Rahul : seems like Uttam
13:49 Uttam : je baat
13:49 Uttam : 21680 coming
13:49 Uttam : 24k red at 21618
13:49 Uttam : boom boom
13:50 KK : BNF wants to retrace upto 21680
13:50 KK : or more
13:50 Suresh : call writers please excuse today
13:50 KK : 376 will not be bad
13:50 Himanshu : Taken out 21600
13:50 KK : in NF
13:50 Uttam : (13:44) Uttam : 21680(13:44) Uttam : that would be the objective
13:50 Uttam : 21678
13:51 Himanshu : 21677.90 – Machine order
13:51 Uttam : woh bhi jayega
13:51 Himanshu : hmm
13:51 Himanshu : Machines are dumb
13:52 Himanshu : UG 21860 is another pOC
13:52 Jitender : tonite 🙂 (13:48) Govind : Jit, you should have gone for a nice round 1 lac qty 🙂
13:52 Govind : Hehe
13:53 Uttam : 21705 was ext handle yesterday
13:53 Uttam : take that out and we could get 21888
13:53 Uttam : 21788-888
13:54 Himanshu : I have only one link – LIC
13:54 Himanshu : my premium is due in July – have threaten them
13:55 Uttam : for now back to profile filling
13:55 Uttam : in both
13:56 K2dt : vaise ye tha kya :p
13:57 K2dt : dono camps ki pitai.. ce and pe writers
13:57 Nagaraj : 10400 CE 1.9 to 4, 10400 PE 60 to 70
13:58 K2dt : congrats Nagaraj
13:59 Nagaraj : Thanks K2
13:59 Vishnu : boh side killing going on
13:59 Vishnu : already in watch mode after dt
14:00 K2dt : yes Vishnu, its good to wait..sheer madness
14:03 Uttam : 21450 sup in BNF
14:03 K2dt : 10350 guy still defending
14:03 K2dt : level, not guy
14:03 Uttam : that goes can go for 21300 & 21200
14:04 Uttam : dPOC at 21180
14:04 Neeraj : any trade open right Now…Uttam..?
14:04 Seshadri : super uttam.. bank nifty high 21687
14:06 Uttam : no Neeraj – (14:04) Neeraj : any trade open right Now…Uttam..?
14:07 Neeraj : Thank You !!
14:09 Tejpreet : Uttam hope you not planning to make that 103k combo 0 !!…….60 now
14:09 Seshadri : uttam what is this yellow bar
14:11 Uttam : current price
14:11 Nishant : current price is the blue line no?
14:12 Uttam : in the profile chart
14:12 KK : very nice
14:13 Shai : IB
14:13 KK : this time BNF will do the trick
14:13 KK : arre yaar yeh 19K green kahan se aaya
14:13 Uttam : (13:53) Uttam : 21705 was ext handle yesterday(13:53) Uttam : take that out and we could get 21888(13:53) Uttam : 21788-888
14:13 Uttam : 21699 high
14:13 Uttam : so far*
14:14 Uttam : Killer mocve coming?
14:14 KK : chalo 78- karo
14:14 KK : 780
14:15 Nagaraj : 10430 beckons?
14:15 KK : chart dikh nahi raha MTM badh raha hai..what is this
14:16 Nagaraj : lol
14:16 KK : 21600 60 to 145, half closed
14:16 K2dt : poor high NF
14:19 KK : NF wants to go up
14:22 Ashok null : 10350CE will be a lottery trade Chief?
14:23 KK : tum poochooge itne mein ho jayega
14:23 MJ : KK
14:23 MJ : 10400 kaise hai sab?
14:23 KK : Is there chance of 10400 CE to be a lottery ?
14:23 Nishant : huge short covering expected above 10370 Shai?
14:24 MJ : watch that oi
14:25 KK : Jit, Any number for BNF ?
14:25 KK : or exit that 21600 CE
14:26 Jitender : m squared up KK
14:26 Jitender : its casino time from 2pm
14:26 KK : gone
14:26 KK : expiry time
14:27 Seshadri : does not look like going above day high
14:27 KK : yup
14:27 KK : if at all , it has to be single spike
14:29 Uttam : 10377 coming?
14:29 Abhishek : bnf?
14:30 KK : come on..lets go to 300 once
14:33 KK : 377 coming
14:33 K2dt : boom boom ?
14:33 KK : aane do
14:37 Shai : stay light and quick guys
14:37 Shai : 2 optrions open
14:38 Shai : either we close here at 10350 or swing violently 150 points in the hour
14:38 Rajiv Ohri : oh. so shai 10500 or 10200 may be a possibility
14:39 KK : BNF needs to show the way
14:39 KK : Sabh bhule bhtko raaasta dikhao prabhu
14:39 Shai : 5 misn to close abv 10378 for K
14:43 Rajesh : 10300 PE warnign up. We may also close at DPCO
14:44 Shai : 10315 supp
14:44 Uttam : 10260 is that goes Shai?
14:45 Shai : 10270
14:45 Uttam : thanks
14:48 Shai : gone
14:49 Vyom null : any trade shai?
14:53 Shai : no staying out
14:53 Vyom null : ok thanks
14:54 Abhishek : thats the best trade
14:54 Tejpreet : that 300 combo still got 37 premium
14:56 Shai : 10300 ce lotterly traee
14:56 Shai : can do 80
14:56 Shai : sl 14
14:56 Nishant : 10300 CE taken @ 50
14:56 Nishant : and holding.
14:57 Shai : trade evry small size
14:57 Shai : can become 0 also
14:58 Nishant : Yes agreed. Hero or Zero. 😉
14:59 Shai : stopped
15:02 MJ : Shai any higher tf projections?
15:03 MJ : Or we come back and let the month get done?
15:04 Shai : month should get done
15:04 MJ : Thanks bossman.
15:06 Shai : spot chose 10300
15:07 Tejpreet : Uttam doing it chief …check my 14.09 message 🙂
15:07 Shai : +1
15:07 Uttam : lol Tej
15:07 MJ : 10300 pe guys
15:08 Uttam : Trend Day down yesterday & balance today
15:08 Uttam : so imbalance to balance done
15:08 Uttam : tom 😉
15:09 Tejpreet : Yes , market bot will follow your levels
15:10 Uttam : _/\_
15:10 Uttam : suprised that 10260 did not come today
15:11 Uttam : but could be cos of 10300pe writers saving that level
15:11 MJ : still 10 bucks 10300 pe
15:12 MJ : let them panic and yout 260 will be in a plate 🙂
15:12 MJ : but tp has given marching order long back.
15:14 Tejpreet : Orders come only from command center on top window.
15:15 MJ : 🙂
15:19 MJ : Bye chief and everyone. Been a lovely june sesh. Some wonderful learnings.
15:20 MJ : Special shoutout to UG. For all those hypos.
15:20 Vishnu : bye all
15:20 Sachith : bye everyone
15:21 Rahul : Thanks VT
15:21 Shai : +1
15:21 Himanshu : UG – for tom – do you see rotation here or BNF going low
15:21 Shai : Can we shift to July F. anyone still in June?
15:21 Uttam : yes Shai was about to ask that
15:22 Sanjib : Nopes
15:22 Sanjib : Can shift
15:22 Chetas : please shift
15:22 Uttam : @H new series tom so need to chart out the levels today
15:22 Rajesh G : please shif
15:22 Himanshu : Ok
15:22 Sreedhar : Bye all .. See all in todays Webinar
15:23 Himanshu : Can I carry 20500 PE – Mthly
15:23 Uttam : 40 point discount in Jul
15:23 Uttam : 80 in BNF
15:23 Himanshu : Ok so shows PLR down
15:23 Himanshu : not wise then – thanks buddy
15:24 Uttam : +1 _/\_
15:26 Chetas : what is the day type,? neutral centre?
15:27 Uttam : not Neutral
15:27 Uttam : BNF did 2 IB
15:27 Uttam : both arrre Normal Variation
15:27 Uttam : but nice balanced profiles
15:27 Shai : +1
15:28 Shai : Bye alll
15:28 Shai : Let’s catch up at 08.30 pm
15:28 Giridhar Gowravajhal : `Thanks Shai & UG. Bye all !!!
15:28 Tejpreet : Bye All.
15:28 Uttam : thanks All 🙂
15:29 Uttam : have a lovely evening
15:29 Manikandan : Bye all
15:31 Chetas : all is bell 🙂
15:31 Himanshu : Bye all
08:59 Shai : (08:57) Shai : Yesterday’s late move below 10350 on those multiple IS made is expected to create a gap down today(08:57) Shai : gaps on settlement days are tricky as they trap old option writers(08:58) Shai : could easily be another 200 pointer in NF today(08:58) Shai : 10350 is now higher resistance for day , but 10250 would be difficult to cross on the gap down(08:59) Shai : ref area at 10250 andthe old base at 10100 for the settlement
09:16 Uttam : b) The auction accepting below 10296 can test lower levels of 10268-230 / 10194-175* / 10156-140 & 10112-070
09:16 Uttam : b) The auction below 21350 could test 21160-093 / 21021-20972 / 20895-825 / 20710-600 & 20530-490
10:27 Uttam : a) BNF needs to get above 21465 for a rise to 21552-680 / 21744-888 / 21952-22077 / 22215 & 22280-300
10:27 Uttam : a) NF needs to stay above 10311 for a rise to 10351-392 / 10435-480 & 10512-544*