When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
NF (Dec)
BNF
BNF (Dec)
Room Chat
08:42 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/493878493
09:02 Shai : https://vtrender.com/market-profile-analysis-dated-25th-november/
10:17 Shai : (10:17) Shai : Intra – Buy NF 12092 sl of 12069 tgt 12127/ 12144
10:22 Shai : (10:22) Shai : NF 12105 ook some here or Sl to cost
13:00 Shai : (13:00) Shai : Intra- Buy NF 12108 sl of 12089 tgt 12129/ 12149. Trade a 50%25 size
13:24 Shai : (13:24) Shai : NF sl taken
(13:24) Shai : Make exits
08:42 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/493878493
08:52 Krishan : gm
08:57 Rahul : Good morning everyone
09:01 Shai : GM all
09:01 Shai : https://vtrender.com/market-profile-analysis-dated-25th-november/
09:02 Shai : Yesterday was a trend up profile with an IB at 11988 F and vwap of 12020 which also has pull back lows
09:03 Shai : Ability to stay abv 12117F to watch at the open today
09:04 Uttam : Good Morning All 🙂
09:04 Prashant : Good Morning!!
09:06 Subhadip : GM
09:06 Chandrashekhar : GM all
09:10 Prashant : I will be converting my long calls to covered calls(and perhaps ratio spreads as well if we stall) and would cover the ‘short calls’ on pull back lows. Going forward this expiry would like to trade through covered calls, mostly.
09:11 Govind : Good morning guys
09:17 Shai : could possibly be an OAOR
09:17 Shai : 12100 puts have supply at 59 for day
09:18 Tejpreet : GM All.
09:18 Uttam : 12100ce from 62 to 72
09:18 Uttam : still holding some
09:18 Uttam : BNF
09:19 Govind : GM Uttam and congrats
09:21 Govind : NF needs to take out the zeroes
09:21 Subhadip : AUDIO CLER
09:22 Govind : Charts lagging a bit?
09:23 Pritesh : GM
09:23 Uttam : BNF on for 31809?
09:23 Uttam : 2atr from 30860
09:23 Uttam : sorry 31908
09:24 Uttam : huge build up in 12100pe
09:24 Uttam : but the CE OI needs to start dropping
09:29 Shai : OAOR
09:29 Shai : 12101 lower ref line
09:30 Prajwal null : risk and opportunity unlimited
09:31 Vishnu : so OAOR in we need to save Emotiional capital ? Shai?
09:31 Shai : yes or play the smaller moves
09:31 Shai : don;t expect major
09:33 Uttam : BNF in a different mood today
09:34 Niraj : sir exiting longs would be benfefical
09:34 Shai : icici
09:34 Niraj : or can hold
09:34 Niraj : banknifty
09:34 Govind : Am in the 31700CE
09:34 Shai : BNF up for 31830
09:35 Uttam : 31784-803
09:35 Govind : Got in that small PB to 31708
09:35 Pritesh : Let’s see by 1230 to 1330
09:37 Pritesh : BNF Calls are running like PT Ursha
09:39 Uttam : 12100CE Oi not falling yet
09:40 Uttam : but the OI difference getting closer thanks to the rise in PE OI
09:43 Shai : you will need that coffee today 🙂
09:43 Uttam : yes 🙂
09:43 Uttam : volumes also lower than yesterday
09:43 Niraj : yes sir
09:43 Niraj : volumes are lower
09:44 Shai : No new positions here, unless willing to trade small moves with big sizes
09:44 Shai : existing positions need to be managed if any
09:45 Shai : 2 mins into the open was called – (09:17) Shai : could possibly be an OAOR
09:49 Niraj : sir 78 red nifty
09:49 Niraj : 30min candle
09:50 Subhadip : option chain does not suggest any strong move
09:50 Subhadip : Nifty
09:50 Subhadip : expecting congestion
09:53 Shai : +1
09:53 Subhadip : largets OI change on the 12100PE
09:53 Shai : We have Dec 30 min charts on screen here, the 30 min Nov is at Go to
09:53 Subhadip : ok
09:54 Chandrashekhar : Shai those reds are old business covering their longs? or new sellers?
09:54 Shai : looks like a 12097- 12154 range
09:54 Gaurav : thats a roll, red in nov, green in dec
09:54 Uttam : looks like rolls
09:54 Uttam : yep
09:55 Subhadip : +1 Shai
09:55 Shai : watch for rolls – they are here from yesterday- (09:54) Chandrashekhar : Shai those reds are old business covering their longs? or new sellers?
09:55 Shai : look at both dec and nov
09:55 Uttam : Shai GoToMeeting NF can it be zoomed a little bit
09:55 Uttam : thanks shai
09:55 Shai : done
09:55 Uttam : perfect 🙂
09:56 Chandrashekhar : yesmakes sense now..sorry still gathering these learnings
09:56 Jitender : if u r long..trail with stops in system….
09:56 Uttam : yes Jit exited all positions
09:56 Niraj : true -tive in nov ,+in dec nifty
09:56 Jitender : cash PB by an algo will cause spikes
09:56 Subhadip : u guys don’t selloptions ?
09:56 Jitender : congo Uttam
09:56 Jitender : sum of us do Subhadip
09:56 Uttam : knew that some move will be there at open so puit a buy order at open in that 12100ce
09:56 Subhadip : okies
09:57 Subhadip : sold the 12100 weekly straddle at 115
09:57 Jitender : been doing it fr 10+ years now
09:57 Subhadip : SL 130
09:57 Jitender : k
09:57 Jitender : vix is inchn up
09:57 Jitender : slightly
09:58 Subhadip : vix still below yesterday
09:58 Subhadip : more effect on VIX for next month options
09:58 Jitender : ys
09:59 Uttam : yes Subhadip that straddle looking like will go down today & the OAOR supporting it
10:00 Boppanna : BNF stopped a little short of Uttam a) hypo targets will be surprised if we don’t get to that 803 by the end of IB
10:01 Subhadip : yesterday PE was adding magnum OI while CE was sshedding OI
10:01 Subhadip : cumulative on the chain
10:01 Subhadip : today both sides are adding OI
10:01 Uttam : yep +1
10:01 Niraj : superb analyisis sir
10:01 Subhadip : in my experience, when this happens till 10, makes a boring day
10:01 Subhadip : plus we are in accelerated theta decay curve
10:01 Uttam : nice Subhadip 🙂
10:02 Uttam : @Bops you doing this to BNF?
10:03 Uttam : 24k red plus 0s in it
10:03 Uttam : (09:35) Uttam : 31784-803
10:03 Uttam : 31787 high so far
10:03 Boppanna : 🙂 ok 784 then ..u seem to be happy with 784 -803
10:04 Uttam : new ATH in both now
10:07 Uttam : BNF wants new highs?
10:10 Vishnu : subhadip ji any tgt we can place for the sell 12100 ce & pe. or else wait for eod ?
10:11 Uttam : what happenecin NF
10:11 Uttam : 0s at vwap
10:11 Boppanna : BNF 680 possible
10:12 Boppanna : thx
10:12 Uttam : that straddle 12100 now 107
10:12 Uttam : new leg down starting in it
10:12 Vishnu : ya
10:13 Uttam : NF stopping short just above that ext handle of 12087
10:13 Jitender : (09:56) Jitender : cash PB by an algo will cause spikes
10:13 Boppanna : +1 Played that like Kohli 🙂
10:13 Uttam : +100 Jit & as alwasy timing
10:13 Jitender : _/\_
10:15 Uttam : below 12080 NF gets weak
10:16 Uttam : green band at 12085
10:17 Uttam : C side ext too
10:17 Subhadip : ON THE STRADDLE, EXPECT 35-45 POINTS
10:17 Subhadip : major dampening to come after 12noon
10:17 Shai : Intra – Buy NF 12092 sl of 12069 tgt 12127/ 12144
10:20 Boppanna : Shai the Pink font on 5min can we get that a little clearer its looks a little smudged. Thx
10:20 Boppanna : BNF
10:22 Shai : NF 12105 ook some here or Sl to cost
10:23 Upendra : Yeah@Boppanna, that pink font smudged and not clear
10:24 Shai : okay
10:31 Pritesh : Charts are not loading up for me despite multiple reloads.
10:32 Boppanna : Charts fine here @Pritesh
10:32 Boppanna : may be a broad band issue or relogin
10:33 Niraj : ?
10:33 Niraj : negative vol comeing
10:34 Tejpreet : Jit keep us posted on the SC news if you watching tv.
10:34 Jitender : sure
10:35 Tejpreet : tks
10:35 Jitender : sc judgement being read
10:36 Tejpreet : C extn needs to fire or 12068 in a flash , 1.5 ib also there.
10:36 Shai : TSL taken at cost
10:36 Shai : flat here
10:36 Boppanna : 570 below 620
10:36 Shai : emotional vols
10:37 Jitender : floor test to be done on 27th nov
10:37 Shai : tom
10:37 Jitender : 2mrw
10:38 Tejpreet : plenty of time , let’s get back bulls.
10:38 Vishnu : stiil that straddle in 110 range 12100
10:39 Jitender : pro term speaker will conduct the floor test
10:41 Shai : There is nothing else they could have said
10:41 Shai : floor test was the only way fwd
10:41 Tejpreet : floor test before 5pm tomorrow.
10:42 Boppanna : out
10:42 Jitender : oath at 5pm ten floor test
10:42 Jitender : congo BoPs
10:42 Shai : 12063 last place for bounce
10:42 Boppanna : thx
10:43 Pritesh : 12063 F or Spot?
10:43 Boppanna : All Uttam’s hypos Magic
10:44 Tejpreet : jit if after 5pm then actual impact on thu 🙂
10:44 Prashant : 12074 was HVN I think.
10:44 Prashant : NF
10:44 Boppanna : Should give bounce if holds 530 IMO
10:45 Shai : What are you picking up TP?
10:45 Jitender : Tej..surprise will only impact…rest will get priced in
10:45 Shai : general feeling here is the junior pawar took BJP for a ride
10:45 Tejpreet : yes chief , but senior pawar holds the key can go anyway
10:46 Prashant : Yes, looks like HVN being respected for now.
10:46 Tejpreet : refrence 10 38 msg …119k ce from 190 odd to 208 , holding some.
10:46 Shai : Longs comfy abv12110 again
10:48 Uttam : C side ext playing out in both
10:48 Uttam : NF almost tags vwap
10:49 Chandrashekhar : for c side extn, we can expect 12140 uttam?
10:50 Uttam : BNF has one 29k green at 31590
10:50 Uttam : C side ext gives VWAP Chandrashekar as first tgt
10:50 Chandrashekhar : 12027..got it
10:50 Uttam : 12107
10:50 Uttam : 12027 is yesterdays VWAP
10:51 Boppanna : BNF first stop 670
10:51 Chandrashekhar : opps sorry..
10:51 Uttam : 🙂
10:53 Uttam : 12102 & 31675 so far from RB of 12078 & 31590 which came in C side ext
10:53 Uttam : 1L red in NF but 89k is roll
11:01 Prashant : I think 12070-12074 last man standing. That’s where we consolidated before moving up during last hour yesterday. If we start agressively trading below then back to 12025-12030 ?
11:02 Jitender : this doesnt recvr here we can do 560 n ten 370
11:02 Jitender : bnf
11:04 MJ : Uttam, getting that y-ext handle touch? 12040?
11:06 Boppanna : Uttam drawing the lines to make it stay within a) hypo for morning session in BNF IMO
11:08 Uttam : but afternoon both could give a move
11:08 Shai : still vwap is the ref fpor noon
11:08 Uttam : yep
11:09 Shai : holding 12073 algo says 12117 from here cmp 12086
11:09 Pritesh : Future or Spot?
11:10 Shai : F
11:10 Pritesh : Thanks
11:10 Subhadip : 12100straddle at 107, Sl comes down to 121
11:11 Uttam : +1 Subhadip
11:11 Shai : +1
11:12 Uttam : OAOR & OAIR are best days for these short straddles
11:12 Uttam : we discussed that in the workshop too
11:13 Subhadip : let me share something
11:13 Subhadip : will clarify this better
11:13 Subhadip : give me a moment
11:13 Uttam : sure
11:18 Subhadip : ok,where is the slack ?
11:18 Prashant : Is the day kind of Nuetral C now ?
11:19 Subhadip : starddle to 96
11:19 Uttam : till now only one side RE Prashanth so Normal Variation till now
11:20 Uttam : will become Neutral only when it makes RE on upside also
11:20 Tejpreet : NF 1 TF down since open.
11:21 Subhadip : which topic do I share a screenshot on slack ?
11:21 Shai : not really
11:21 Shai : C is the lows
11:21 Shai : on #Random – (11:21) Subhadip : which topic do I share a screenshot on slack ?
11:22 Tejpreet : yes chief c is the low.
11:22 Subhadip : okies
11:23 Subhadip : https://vtrender.slack.com/archives/C0F2VRTPW/p1574747640003600
11:23 Subhadip : Nifty fut chart on top pane
11:23 Subhadip : 12100 straddle plotted on lower pane
11:23 Subhadip : yesterday, a trend day, see the straddle continuously gaining value
11:23 Subhadip : today from morning itself, after the initial bump-up, continuousy in decay
11:24 Shai : spread is still 106 no?
11:24 Uttam : yep
11:24 Subhadip : sorry
11:24 Subhadip : wrong pic
11:24 Uttam : yes Subhadip even the 11900 straddle which I was holding long till close yesterday gave a higher opening today but now falling
11:25 Subhadip : correct pic :
11:25 Subhadip : https://vtrender.slack.com/archives/C0F2VRTPW/p1574747777004000
11:25 Uttam : Trend Day & Neutral EXtreme do not have much follow up so after both these days straddle short could be a good low risk trade
11:26 Subhadip : 118 day high on this straddle
11:26 Subhadip : good stop
11:26 Subhadip : hence kept stop at 121
11:26 Shai : +1
11:26 Boppanna : +1
11:26 Uttam : nice 🙂 thanks Subhadip
11:27 MJ : +1 Subhadip.
11:29 Uttam : NF unable to tag the 1.5 IB ext down in spite of being below IBL for long
11:29 Uttam : first hint that we could get a Neutral Day
11:32 Shai : RB at lows in Both NF nov and dec
11:33 Uttam : back at IBL NF
11:34 Uttam : 42k green is red in DEc
11:34 Uttam : 34k red is geeen
11:34 Subhadip : Shai : My mind was working overtime during the seminar
11:34 Uttam : needs to get above VWAP & PDH – NF
11:34 Subhadip : hence checking uout some options strategies based on MP
11:35 Subhadip : the day types, if identified correctly my say 10.30.lends beautifully to options strategies
11:35 Shai : It would
11:35 Shai : the binaries work every well
11:36 Uttam : @Subhadip for the straddle exits you wait for a 5min close above the TSL level?
11:36 Shai : for now I am waiting for a lift off abv 12097 F to short some 12100 pe and 12000 pe
11:37 Shai : As Uttam said that could make it a neutral day
11:37 Govind : +1
11:38 Uttam : another imp reference is that the 1.5 IB sits exactly at yesterday’s HVN of 12068
11:38 Vishnu : subhadip ideally that straddle exit time when?
11:38 Uttam : which means if that HVN is being saved, buyers there are coming back
11:39 Subhadip : for straddle stop, I will wait for 5 mins for that straddle to trade above my stop
11:39 Subhadip : stop not in system
11:39 Subhadip : exit is if I get around 30-40
11:39 Uttam : yes as we get lot of spikes at time which is why asked 🙂 thanks
11:39 Subhadip : theta decay will give a sharp down after 12
11:40 Subhadip : 11-12 theta decay is slow
11:40 Uttam : cool
11:40 Subhadip : another point is 2pm
11:40 Shai : I think that pair goes to 61 at close/ tom open with sl of 122
11:40 Uttam : that OI difference also running parallel in that 12100 which supports more downside in premiums
11:41 Shai : 105 now
11:41 Shai : trend down
11:41 Uttam : yes Shai 🙂
11:42 Subhadip : this decay is much faster on a wednesday
11:42 Subhadip : infact on any wednesday, makesmore sense to sell options than to buy on weeklies
11:42 Vishnu : i just need a normal day then the straddle comes around 65-70 range today. i think its possible
11:43 Subhadip : Vishnu : for that you will need till 3 pm
11:43 Subhadip : we wll again move stop at 12.15
11:43 Uttam : super inputs Subhadip, I remember you were saying at the workshop you do not buy the weekly options wednesday onwards and shift to the monthly ones
11:43 Subhadip : yes
11:43 Subhadip : making money buying options onw ednesday is a herculean task
11:43 Uttam : makes low of sense
11:44 Subhadip : if you want to buy on wednesdays, better on monthlies
11:44 Subhadip : or next month
11:44 Subhadip : theta decay on weeklies is too sharp
11:44 Prashant : It may not go down below 80 at today’s close ; especially when politican uncertianty. I think we halted today just to accomodate the floor test
11:44 Uttam : +1
11:45 Prashant : The remaining rally would happen on Expiry day if floor test clears – which looks unlikely now.
11:50 Boppanna : BNF pls don’t behave like a 1 stop bus 10:51 Boppanna : BNF first stop 670
11:51 Prashant : The only difference between last week and yesterday’s Euphoria was BJP formed Govt in Maha over weekend. No ? Of course, Global market have rallied, but they have been for quite some time….
11:54 Prashant : This is how I read the political situation over weekend. 3 parties coming together and stopping BJP was not good for Govt as it was indicating steep opposition to BJP. They allying with NCP looked favorable..
11:58 Boppanna : @Prashant IMO the news on Maha Govt was just noise like Uttam and SHai have been mentioning in their commentary and reports we have been in a balance all November yesterday we got a move away from the balance
11:59 Prashant : Could be. I think market finds reasons to move and also reasons to halt. It has perfect reason to halt..IMHO..
12:04 Prashant : Well, sorry I am not predicting market movements :)…Just trying to find if it has any reason to rally today. It could still do so and I will participte. As a trader, good to be like chameleon 🙂
12:06 MJ : @ Prashant Chameleon and a chess player. Keep moving as the scene unfolds. 🙂
12:07 Prashant : 🙂
12:07 Govind : Is this Vohi Capital Prashanth?
12:08 Prashant : No, I am not. I am a small time trader who attended Shai’s workshop over weekend.
12:09 Govind : Ok. Thanks.
12:13 Subhadip : 12100straddle SL to 111
12:14 Uttam : super so safe trade now 🙂
12:14 Uttam : new leg down starting here
12:14 Subhadip : yup
12:14 Uttam : post 12 as you mentioned
12:15 Subhadip : what a boozefest
12:15 Prashant : Thanks. Yes, I am in since you said. made sense to me as well.
12:16 Jitender : spike cometh
12:16 Subhadip : sorry, snoozefest
12:16 Uttam : next move lower in that stradde will come when the PE crashes
12:16 Govind : Yeah Dada, boozefest are awesome 🙂
12:16 Uttam : lol Subhadip 🙂 was tempted to ask where you were
12:16 Boppanna : lol Uttam
12:16 Jitender : i nearly opened one 🙂
12:16 Uttam : cheers Jit but its a Tuesday 😉
12:17 Jitender : i know..bal bal bache
12:17 Uttam : waise kal ka khamba kaisa raha
12:17 Jitender : good fun
12:17 Uttam : nice 🙂
12:17 Subhadip : we should get 96/97 by 1.15
12:18 Uttam : yes a fall in the PE from 54 to 45 could help that move
12:18 Prashant : as markets are not doing much for now. Let me ask some openion to Subhadip.
12:19 Jitender : cheers bro (12:17) Uttam : nice 🙂
12:19 Uttam : Jit getting his spike 🙂
12:21 Subhadip : sure Prashant
12:22 Subhadip : just did a 1:2 call ration spread on 31800-32000
12:22 Uttam : greens at VWAP in NF
12:23 Jitender : 16660 bnf
12:23 Jitender : green
12:23 Subhadip : bought 31800CE *1 at 120, sold 32000*2 at 60
12:23 Shai : NF still good for more
12:24 Shai : 12000 pe now written at 22.50
12:24 Jitender : Subhadip how much capital do u deploy for trading ?
12:24 Subhadip : 🙂 sorry, not answering this
12:24 Jitender : hehe np
12:25 Prashant : @Subhadip, I have posted the question on slack.
12:25 Subhadip : ok, checking
12:28 Subhadip : answered
12:28 Vishnu : subhadip that bank nifty statedy wht is thr payoff?
12:29 Prashant : Thank you!
12:29 Vishnu : shai 12000 pe any tg u thinks
12:30 Subhadip : @Vishnu : max profit = 200 if expiry at 32000
12:30 Subhadip : below 31800 initial debit is amx loss
12:30 Subhadip : unlimited loss > 32200
12:30 Subhadip : ideally if BNF goes up from here within tomorrow to say 31900-3200, we will get profits
12:31 Vishnu : ok ji thanks
12:31 Subhadip : max debit, even if done now, is 4-5 rs
12:31 Uttam : nice bell in BNF
12:32 Uttam : NF needs a little bit of filling in the upper part
12:33 Shai : intra day tgt at 10/7 sl abv 26
12:34 Shai : control shifted again here – (11:32) Shai : RB at lows in Both NF nov and dec
12:35 Shai : if we get an IB near 12117 we are on the other side at 12140/ 12160 by 3
12:37 Uttam : (11:29) Uttam : NF unable to tag the 1.5 IB ext down in spite of being below IBL for long(11:29) Uttam : first hint that we could get a Neutral Day
12:38 Uttam : 47 low so far (12:18) Uttam : yes a fall in the PE from 54 to 45 could help that move
12:38 Govind : Good call Uttam
12:39 Vishnu : @subhadip thanks for the strategy did with 40 lots and exited
12:39 Uttam : wow Vishnu now you need to sponsor the boozefest 😉
12:39 Vishnu : i will
12:40 Uttam : cheers 🙂 and congrats
12:40 Vishnu : i tried th call at 446 range and put now exited at 48range.
12:40 Uttam : 12127 test coming
12:41 Govind : 3 mins remaining in G
12:41 MJ : https://mplite.vtrender.com/?symbol=O_NIFTY12100PE20191128_NIFTY12100CE20191128&tf=daily&tpo=2&sp=1&ivp=1&startDate=&endDate=&nDays=8
12:41 Shai : Algo got his way- (11:09) Shai : holding 12073 algo says 12117 from here cmp 12086
12:41 Uttam : +100 Shai
12:41 Chandrashekhar : +1 Shai
12:41 MJ : 12100 ce+pe chart that is. how I love mplite 🙂
12:41 MJ : Super shai.
12:42 Uttam : 44.8 low on that 12100pe
12:42 Shai : 19.3 second round of writing done in 12000 pe
12:42 Uttam : more can come however
12:42 Jitender : +1 Shai
12:42 MJ : I was short shai, when you put your algo message. Helped me take a better exit.
12:42 MJ : Thanks.
12:43 Uttam : done to the dot 🙂 (12:18) Uttam : yes a fall in the PE from 54 to 45 could help that move
12:43 Subhadip : welcome Vishnu 🙂
12:44 Subhadip : got out if the straddle
12:44 Subhadip : 104.5
12:44 Uttam : yes CE looking bullish in it
12:44 Jitender : 90 bps (12:16) Jitender : spike cometh
12:45 Shai : +1
12:46 Boppanna : Congrats Vishnu
12:46 Boppanna : +1 Jit
12:46 Jitender : tx guys
12:46 Uttam : congo Jit
12:46 Jitender : +1
12:47 Shai : 45 breaks in 12100 pe easy 10 points to 35/ 33
12:47 Govind : Congrats Vishnu and Jit; am still twiddling my thumbs since that first trade in BNF
12:47 Uttam : thanks Shai, trailing that one
12:47 Jitender : tx Gov n congrats Vishnu
12:49 Uttam : 12123 so far (12:40) Uttam : 12127 test coming
12:50 Subhadip : BN 31800CE
12:50 Subhadip : OIs running away
12:51 Govind : Vix down 2.6%; rise in indices in low vix. Similar to yesterday
12:51 Boppanna : BNF looks like making a second stop above 670 now around 740
12:52 Uttam : 12090 test coming?
12:52 Ravi : on a day profile if yesterday is IB…today we touched the vpoc level and is moving up..is this the testing of VPOC?
12:52 Ravi : yesterdays VPOC i mean
12:53 Shai : No @Ravi
12:53 Shai : Ignore vpoc of trend day- no significance
12:53 Shai : Go with vwap when you see trend days
12:53 Ravi : Thanks Shai..got it
12:53 Shai : Also tests whenever you see then should be short and sweet
12:53 Shai : not extended
12:54 Ravi : Ok Shai ..Thanks!
12:54 Shai : 12097 F now a bsse for intra day
12:54 Shai : looking to buy near there or abv 12127
13:00 Shai : Intra- Buy NF 12108 sl of 12089 tgt 12129/ 12149. Trade a 50% size
13:05 Pritesh : (y)
13:10 Subhadip : taking an hour off
13:10 Subhadip : let the fighting bulls and bears first sort things out
13:11 Subhadip : 🙂
13:11 Uttam : 🙂 +1
13:18 Uttam : Done (12:52) Uttam : 12090 test coming?
13:18 Uttam : 12092
13:18 Pritesh : Now ?
13:18 Pritesh : 97 SL hit
13:19 Boppanna : @Pritesh sl 89 and wait for Shai’s exit
13:20 Pritesh : was it 89? I thought it is 97
13:20 Uttam : never put SL in system
13:20 Uttam : that too during 10:30 – 2:30
13:21 Uttam : 0s in NF & below vwap
13:21 Uttam : needs to sustain above 12105
13:21 Pritesh : ok.. ty
13:22 Uttam : (12:31) Uttam : nice bell in BNF(12:32) Uttam : NF needs a little bit of filling in the upper part
13:24 Shai : NF sl taken
13:24 Shai : Make exits
13:25 Uttam : morning supply if 12125 was adamant Shai?
13:25 Shai : sl was IBL- (13:20) Pritesh : was it 89? I thought it is 97
13:25 Uttam : didnt budge?
13:25 Shai : we awere playing for neutral
13:25 Pritesh : exited NF
13:25 Shai : may rise back up
13:26 Vishnu : @shai 12000 pe can hold in short na
13:26 Uttam : yes one more rotation up coming looks like
13:27 Shai : those who want to get in can do with sl of 12082 tgt 12116
13:27 Shai : cmp 12092
13:27 Shai : IBL not showing enough selling
13:28 Vishnu : currenct 30 min dec not having enough volume
13:28 Prashant : IMO, it may not go anywhere. I am still short 12100 straddle
13:29 Shai : yes
13:29 Shai : just saying that the IBL move was tight
13:30 Prashant : yes.
13:31 Pritesh : IBL means?
13:31 Boppanna : Inital Balance hour Low
13:31 Uttam : Initial Balance Low
13:32 Uttam : @Pritesh you need to get familiar with the terms associated with MP, please try to read the daily reports
13:32 Uttam : that will be a good way of getting them
13:32 Pritesh : YEs
13:34 Shai : As we moved higher you can se ethe 16 k buyer come agin- (13:27) Shai : IBL not showing enough selling
13:35 Tejpreet : Uttam lost old chat , can you share Shai’s expiry boundaries posted in morning.
13:36 Pritesh : I can’t see the charts, it’s just not loading in my company’s network..
13:36 Vishnu : cot is in minus current 30 min candle?
13:36 Vishnu : how cot will affect the move ?
13:37 Uttam : (09:54) Shai : looks like a 12097- 12154 range
13:37 Uttam : @Pritesh it could be a bandwidth issue
13:37 Uttam : charts are working fine for all of us
13:38 Pritesh : may be..
13:38 Tejpreet : tks uttamlooks that was for the day.
13:38 Tejpreet : Shai can you share your expiry range as of now.
13:42 Prashant : Singout off for the day. Need to step out. Trade safe. All changu mangus are long today…if we don’t hold there could be liquidation towards end..
13:56 Uttam : 53k buyers again at 12085 level
13:58 Uttam : (11:02) Jitender : this doesnt recvr here we can do 560 n ten 370(11:02) Jitender : bnf
13:58 Prakash : 12080 is strongly being defended, appears as if some Big stakes are present
13:58 Jitender : tx Uttam
13:58 Uttam : 🙂
13:59 Jitender : bnf bounced back from 6001610 again (13:58) Uttam : (11:02) Jitender : this doesnt recvr here we can do 560 n ten 370(11:02) Jitender : bnf
13:59 Jitender : 600/610
13:59 Uttam : 16k red stuck at 31640
13:59 Uttam : 11k at 31610
14:00 Uttam : its killing the 12100ce first
14:01 Uttam : that straddle atuck at 100
14:02 Uttam : stuck*
14:02 Uttam : 2pm here
14:12 Pritesh : As NF not going below 12070 can we expect bounce towards day high?
14:13 Uttam : weak if stays below vwap
14:14 Uttam : some greens finally
14:14 Jitender : 600-610 on watch
14:15 Vishnu : vwap rate?
14:16 Jitender : 12098.55
14:16 Jitender : 31680
14:16 Jitender : box on left has all values
14:16 Niraj : zeel crashing
14:17 Rahul : Hi Uttam..what is the period used to plot VWAP on the chart?
14:18 Rahul : I mean What period is used to plot VWAP
14:18 Uttam : hi Rahul 5min & 30min
14:18 Uttam : what time frame you watch the charts VWAP is seen of that
14:18 Rahul : ok
14:19 MJ : Bossman vwap on that RB can come?
14:20 Uttam : needs to get above 12086 which was IS of prevv 30min bar
14:21 Subhadip : OUT OF THE 31800-3200 RATIO SPREAD
14:21 Subhadip : at 10 bucks on the spread,not working out
14:22 Subhadip : Niraj : zee crased in the morning itself
14:22 Uttam : pink band on 5min Nov & geeen band on 30min Dec 🙂
14:22 Uttam : (14:00) Uttam : its killing the 12100ce first
14:23 Uttam : new day lows in it
14:24 MJ : Op-ra done
14:24 Uttam : 40k green in DEc
14:25 Pritesh : Op-ra done means ?
14:26 Uttam : MJ watched the Opera & came 😉
14:26 Pritesh : LOL
14:27 MJ : Lol uttam.
14:28 MJ : Pritesh, range estimations by shai based on OF and profile. You have op+ra and op-ra on info box.
14:29 Vishnu : expected closing price
14:29 Rahul : K TPO is currently trading below VA right
14:29 Rahul : just for my understanding
14:30 Boppanna : Yes Rahul
14:30 Tejpreet : Ajit pawar resigns a dcm
14:30 Jitender : brkn (14:14) Jitender : 600-610 on watch
14:31 Rahul : Thanks Bopanna
14:32 Jitender : 558 low 11:02) Jitender : this doesnt recvr here we can do 560 n ten 370(11:02)
14:33 Uttam : that RB could not take out the IS so new lows in NF (14:19) MJ : Bossman vwap on that RB can come?(14:20) Uttam : needs to get above 12086 which was IS of prevv 30min bar
14:33 Tejpreet : looks like bjp trapped this time and mkt doesn’t like it.
14:33 Uttam : new guys so always need to take OF in context not as a standalone
14:33 Tejpreet : this could get ugly into the close .
14:33 Uttam : and 30min more powerful tan 5mins
14:34 Subhadip : Fadnavis press conf at 3.30
14:34 Uttam : and he had his cases also closed 🙂
14:34 Subhadip : BJPprobably going to throw in the towel
14:34 Jitender : Tej 1.8x thru
14:34 Subhadip : 12100PE running fast
14:34 Uttam : yes
14:34 Subhadip : 12100PE OI running fast
14:35 Uttam : writers getting under pressure – the late ones
14:35 Uttam : spike down
14:35 Jitender : hope all safe…warned in time (14:30) Jitender : brkn (14:14) Jitender : 600-610 on watch(14:32) Jitender : 558 low 11:02) Jitender : this doesnt recvr here we can do 560 n ten 370(11:02)
14:35 Tejpreet : 104 to 112 on that 1215k pe
14:36 Uttam : yes Jit
14:36 Boppanna : +1 Jit
14:36 Jitender : perfect
14:36 Uttam : thanks for your timely warnings
14:36 Jitender : _/\_
14:36 Jitender : all VT
14:36 MJ : Tp thanks :))
14:36 Uttam : 12050 IS on 5min here
14:36 MJ : aagaya apna baat kia hua.
14:36 Uttam : that 55k green getting out looks like
14:37 Subhadip : 12100PE crossed yesterday vwap at 80
14:37 Vishnu : means down uttam
14:37 Subhadip : OI running fast
14:37 Subhadip : this can be ugly
14:37 Uttam : 12050 is ref now ir NF can give a bounce
14:37 Tejpreet : tks MJ…hope ppl got into pe 🙂
14:37 Uttam : 2IB done
14:37 Uttam : but MJ was gunning for long?
14:38 Jitender : 2.4x booked
14:38 MJ : Check morning comment uttam
14:38 Jitender : thru fr the day
14:38 MJ : ext handle tag.
14:38 Subhadip : 12100pe got 72 to91
14:38 Uttam : 🙂 i go by latest comment
14:38 Uttam : and views
14:38 Uttam : and charts
14:38 Tejpreet : jit 2.5 x done.
14:38 Jitender : +1
14:38 Jitender : with u Tej (14:38) Jitender : 2.4x booked
14:38 Tejpreet : +!
14:39 Boppanna : Waitng for trend day vwap i BNF
14:39 Uttam : (14:19) MJ : Bossman vwap on that RB can come?(14:24) MJ : Op-ra done
14:39 MJ : From failure comes faster moves innit? 🙂
14:39 Uttam : big vols in BNF
14:39 Tejpreet : so no ATH close Uttam.
14:39 Uttam : NF also
14:40 Uttam : yeh tend to shur hote hi khatm ho gaya 😉
14:40 Uttam : trend
14:40 Jitender : 420 bnf so far
14:40 Boppanna : out
14:40 Vishnu : any big sell or max level we can see around where
14:40 Uttam : 12085 was ID Vishnu
14:40 Uttam : IS
14:41 Vishnu : weekly poc ? last week
14:41 Uttam : on 30mins
14:41 Vishnu : how much?
14:41 Pritesh : Game is still on ?
14:41 Boppanna : Vishnu BNF yvwap on watch
14:41 Tejpreet : Uttam can we see that 11988 today.
14:42 Vishnu : nf vwap at 12027.9?
14:42 Uttam : 12020 gaya to
14:42 Tejpreet : tks
14:42 Vishnu : bnf wvap at 31664.1?
14:42 Tejpreet : I thinkCM will also resign at 3.30 and BJP will not go for floor test.
14:43 Subhadip : sold 12050 straddle at 103
14:43 Vishnu : carryforwarding or intra
14:43 Tejpreet : intra or will you carry dada?
14:43 Subhadip : intra
14:44 Subhadip : expecting 12-15 bucks
14:45 Subhadip : will sqoff if day low of 12017 breaks
14:45 Subhadip : else will hold till3.20
14:46 Uttam : (14:34) Subhadip : 12100PE OI running fast(14:35) Uttam : writers getting under pressure – the late ones
14:46 Uttam : big reduction in that 12100pe OI
14:46 Jitender : vix in +ve fr the day
14:48 Uttam : Trend Day VWAP being supported (14:42) Uttam : 12020 gaya to
14:48 Uttam : 40 point jump from there
14:50 Tejpreet : +1 uttam
14:51 Uttam : _/\_ Tej
14:51 Uttam : staying below that HVN of 12068 for now
14:52 Uttam : 12072 is IS of prev bar, if taken out means shorts booked in that dip
14:52 Uttam : 12050 ref now on downside
14:53 Uttam : if that holfs can close at 12085-95
14:53 Uttam : holds*
14:54 Niraj : 31100 & 31200 PE OI CHANGE
14:58 Uttam : 45 degree move
14:59 Uttam : 12085 on screen
14:59 Uttam : (14:52) Uttam : 12050 ref now on downside(14:53) Uttam : if that holfs can close at 12085-95
14:59 Subhadip : out of the straddle at cost
14:59 Subhadip : 12050
14:59 Subhadip : 103
15:09 Boppanna : Big vols here
15:13 Boppanna : So markets digest the noise Uttam
15:16 Uttam : Trend Day VWAP defended for today Bops so lets see what signals we get tom
15:17 Boppanna : +1
15:18 Uttam : 12110 in Dec has an algo
15:20 Uttam : (14:52) Uttam : 12050 ref now on downside(14:53) Uttam : if that holfs can close at 12085-95
15:20 Jitender : sum insti capitalized
15:20 Jitender : and forced SC
15:20 Shai : 12000 pe is a carry for tom short 24- 25 sl of 39
15:20 Gaurav : icici jumped
15:20 Gaurav : 515
15:21 Jitender : ys
15:21 Shai : trenhd day pull back low and vwap defended by RB’s\
15:21 Shai : they shoulld auction 12120- 12125 again once tom
15:25 Uttam : almost 50 point premium in NF and day after is expiry, wassup guys?
15:25 Gaurav : BNF the opposite
15:25 Uttam : yep
15:25 Uttam : 70 minus
15:26 Shai : did anyone get that note of the 10600- 12000 spreads done of 80000 CR?
15:26 Shai : that is the reason for the premium
15:27 Uttam : tjhat is for Nov?
15:27 Shai : were done june
15:28 Uttam : yes but for this series?
15:28 Shai : long 10600 short 12000 of dec
15:28 Uttam : oh ok
15:28 Uttam : (14:52) Uttam : 12050 ref now on downside(14:53) Uttam : if that holfs can close at 12085-95
15:28 Uttam : 12095 here
15:29 Uttam : right at close
15:29 Shai : +1
15:29 Shai : Bye all
15:29 Shai : Catch up tom
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Tejpreet : Bye All.
15:29 Subhadip : bye
15:33 Pritesh : Any idea NF premium trading at +50 compared to Nifty spot
15:33 Pritesh : And it last two days??
15:35 Pritesh : Got it from Shai pings