Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.
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
08:55 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/282743085
09:02 Shai : https://vtrender.com/market-profile-analysis-dated-26th-november/
11:16 Shai : (11:15) Shai : Inntra- Buy NF 12089 sl of 12076 tgt 12112/ 12124
11:36 Shai : (11:35) Shai : Exit 12092 F. No movement
(11:36) Shai : Those holding maintain same sl and tgt
12:35 Shai : (12:35) Shai : Intra – Keep an NF buy abv 12095 sl of 12075 tgt 12125
14:41 Shai : (14:41) Shai : Close out the NF longs at cost here
08:53 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/282743085
09:01 Shai : Gm all
09:02 Subhadip : gm all
09:02 Shai : https://vtrender.com/market-profile-analysis-dated-26th-november/
09:02 Chintan : GM Shai
09:02 Chintan : Gm Dada
09:02 Prashant : GM!
09:02 Chandrashekhar : GM all
09:04 Shai : massive volume was traded yesterday 12085- 12097 F
09:04 Shai : expect this zone to hold the auction today again
09:04 Shai : could be mean revert opp again
09:04 Uttam : Good Morning All 🙂
09:04 Shai : 12100 strike again on watch
09:05 Prashant : I am inclined to go long today. I think FII activity was too good yesterday. They created long in DEC, I think. Could be volatile until expiry. looks like next weekly expiry much higher..
09:06 Prashant : And, The MAHA drama is over. So, that’s now more an impending news.
09:07 Shai : yes 12108 zone is their roills
09:07 Prashant : Market doesn’t like unknown ahead. Bad news behind is OK….:)
09:09 Uttam : big vols in cash yesterday
09:09 Tejpreet : GM All.
09:09 Uttam : ICICI Bank 14k crores turnover
09:09 Jitender : ys
09:09 Prashant : ThanksGiving is starting tomorrow. US holiday shopping sales data would be out over weekend. US too is waiting for the holiday sales data. Monday global market would start rallying Monday onwards, IMO.
09:12 Vishnu : Morgan stanely upgraded Icici bank and Hdfc bank
09:13 Subhadip : strong opening on INR
09:13 Subhadip : bullish for markets
09:14 Vishnu : yes
09:16 Govind : OTF getting in done?
09:16 Shai : closed 13.9 :20 Shai : 12000 pe is a carry for tom short 24- 25 sl of 39
09:17 Uttam : +100 Shai
09:18 Jitender : +1
09:18 Prashant : 09:15:22 BUY NIFTY NOV 12000 CE NFOMIS 3000 / 3000 115.00 COMPLETE
09:18 Prashant : Will convert this to Covered call as soon as I can. 12100 to be sold.
09:19 Shai : prem gone
09:19 Shai : 18 now
09:20 Shai : test done – 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
09:20 Uttam : 12220-227 was RS yesterday
09:20 Uttam : so need to check if reds come back here
09:20 Shai : that 12100 strike is good with sl of 107 for day tgt 72/ 61
09:21 Shai : this should turn into an OAIR
09:21 Chandrashekhar : nifty OAIR, BNF oaor so far uttam?
09:21 Shai : waiting for a conf
09:21 Chandrashekhar : though trading above yvwap
09:22 Vishnu : @shai 12100 strike which call or put
09:22 Uttam : combo Vishanu
09:22 Vishnu : selling?
09:22 Uttam : yes
09:23 Prashant : Convered to covered call
09:24 Shai : OAIR
09:25 Prakash : @Shai 12100CE of 5-Dec series & is it Short??
09:25 Uttam : yes
09:25 Uttam : yes Chandrashekar (09:21) Chandrashekhar : nifty OAIR, BNF oaor so far uttam?
09:25 Chandrashekhar : thanks uttam
09:25 Uttam : 🙂
09:26 Uttam : volumes so far on the lower side
09:26 Shai : Prakash risky
09:26 Shai : expecting 12165 is that seller is taken out todaay at 12127
09:26 Uttam : @Prakash Shai gave levels for this months 12100 straddle
09:26 KK : Shorts at 12116 , SL 12331.. to cover at 12084 ?
09:26 Prakash : monitoring it closely, Sir
09:27 Shai : 12085 now a supp and dip buy zone
09:27 Chandrashekhar : uttam are you refering to the vol traded on the 30 min candle?.just above the cot
09:27 Uttam : 12100PE seeing good OI addition
09:28 Uttam : first 15min vols is so ar below average
09:29 Uttam : BNF for 31852
09:29 Uttam : ?
09:29 Govind : 31800CE from 142 to 172, daily bread done 🙂
09:29 Chandrashekhar : what i am looking at is..as on what ref you arrive at the conclusion if vol is low or high
09:30 Chandrashekhar : is there any ref we couldlook in the charts
09:30 Uttam : average of last 20 days
09:30 Uttam : whihc is 9L as of today
09:30 Uttam : I keep a track of that in my excel
09:32 Chandrashekhar : ah ok,so you collect EOD vol traded and track it?
09:32 Uttam : update it daily live
09:32 Rajesh : OTD UP ?……..PRICE TESTED POC OF YESTERDAY?
09:33 Uttam : no volumes for a drive Rajesh
09:33 Rajesh : K
09:33 Govind : Same thing happened yesterday, went up on low volumes and then the PB came
09:33 Uttam : but yes vols could come in later plus we are still in prev da range
09:34 Uttam : looks like that 12100 OI finally going to meet today
09:35 Shai : 87
09:35 Uttam : 20k red in BNF
09:35 Uttam : 31830
09:36 Uttam : pink band in Dec BNF too
09:37 Vishnu : have sold stanggle 31800 bnf
09:37 Uttam : risky on Wed & Thursday Vishnu
09:37 Pritesh : For me this charts are not opening..
09:37 Vishnu : i will cover by before 1.3 pm
09:37 Uttam : staying above 31800 spot it is bullish
09:37 Pritesh : It should be other issue not Bandwidth..
09:38 Uttam : @Pritesh please check the flash player version then
09:38 Vishnu : if spot closes 31850 an exit
09:38 Uttam : as it is an isolated issue so need to figure out what exactly is the problem
09:40 Jitender : also in in morn at 322.5 (09:37) Vishnu : have sold stanggle 31800 bnf
09:40 Uttam : @Vishnu for now that straddle is going down but BNF can give big jumps so be on your toes
09:40 Boppanna : 830 on watch BNF
09:40 Jitender : but my stops in system
09:40 Vishnu : ok uttam thanks
09:40 Vishnu : yes sold jitender any info
09:41 Jitender : i have also Vishnu at 322.5
09:41 Jitender : in positional acc
09:41 Vishnu : mine 314.5
09:41 Jitender : cool
09:41 Uttam : you can keep 350 as a level for now which it should not sustain
09:42 Jitender : tx bro
09:42 Uttam : _/\_ 🙂
09:44 Jitender : Vishnu (09:40) Jitender : but my stops in system
09:44 Rajesh : is this RB LAST 5 MIN CANDLE UTTAM?
09:44 Uttam : yes Rajesh, please no caps in typing
09:45 Rajesh : ok sorry
09:45 Uttam : 🙂
09:45 Uttam : +1
09:46 Uttam : green band & RB now near 12100 & RS at 12116
09:46 Uttam : yesterday’s RS at 12226
09:46 Uttam : so for now stuck in this range
09:47 Uttam : RB in BNF too in that dip below VWAP
09:49 Uttam : 0s in BNF
09:49 Uttam : 20k at 31750 red
09:50 Uttam : no volumes hence prince jumping
09:50 Uttam : days like these are ideal for straddle shorts 🙂
09:50 Shai : A typical OAIR- (09:21) Shai : this should turn into an OAIR
09:50 Uttam : +1
09:51 Govind : +1
09:51 Shai : trade small and quick
09:51 Shai : don;t expect biggies
09:51 Uttam : unless we get a biggie fellow in OF 🙂
09:52 Uttam : 33.5L to 30.%L OI in that CE:PE in 12100
09:52 Uttam : 33.5 to 30.5
09:52 Vishnu : if thier is no volume and market will in rangebound till 3 na then 12100 & 31800 stanggel will give good profit
09:52 Uttam : yes Vishnu
09:53 Vishnu : thats wht i need uttam
09:57 Prakash : 5min charts stuck??
09:59 Chandrashekhar : B inside A so far…
10:02 Boppanna : If gets below 740 650 possible else back to 830 IMO
10:02 Boppanna : BNF
10:03 Uttam : (09:46) Uttam : green band & RB now near 12100 & RS at 12116
10:03 Uttam : 12100 holding
10:03 Uttam : stuck 12k red there means demand coming in
10:10 Prashant : I have an algo which puts stock future trades through API for volume breakouts. Today no much acitivities there which implies market participation is less today. Everybody is watching what others are doing..
10:10 Prashant : 🙂
10:12 Prashant : 11:15-11:45 would be another window where we may attempt move.
10:12 Govind : better vols in BNF
10:12 Govind : needs more
10:12 Prashant : I see. BNF is lagging on upside as well..
10:13 Prashant : SPOT.
10:13 Prashant : and future in discout
10:13 Tejpreet : Shai can we have dec in go to meeting and nov F here , if ok with everyone.
10:14 Uttam : @Prashanth the big guys did what they wanted to in the dip we had yesterday so now are sitting tight on their positions
10:14 Prashant : yes, perhaps.
10:14 Uttam : we have volumes & IB on 30mins to see for that
10:15 Uttam : 10k green at top of 5min bar
10:15 Uttam : 32k red in NF getting green band
10:16 Uttam : getting ready for ‘C’ ?
10:21 Boppanna : BNF could jump to Uttam’s c) hypo above 830
10:22 Uttam : yes that RS stalled the morning tag of 31852
10:23 Chandrashekhar : one query uttam ,i we see a range breakout during C period, and the price holds above IB for >30min..in this ‘C’extn is void right?
10:24 Uttam : yes needs to get an RB or RS & get back into IB
10:25 Uttam : 35.8L to 32.7L now (09:34) Uttam : looks like that 12100 OI finally going to meet today
10:25 Uttam : sorry 35.8L to 34.2L
10:25 Uttam : handshake coming up in that OI
10:26 Uttam : only thing is that the CE OI has also been rising all be it on a slow scale
10:26 Uttam : the CE OI needs to start falling fora NF move higher
10:28 Uttam : reds in NF here
10:28 Uttam : weak longs being puched out looks like
10:28 Uttam : pushed*
10:29 Uttam : 12100 still not breaking though
10:31 Uttam : NF doing a 30:30
10:31 Uttam : BNF a Nelson 😉
10:31 Boppanna : 825 and back…as Shai said small scalps 10:02 Boppanna : If gets below 740 640 possible else back to 830 IMO
10:41 Niraj : Sir do debit spreads are better for expiry trades
10:46 Shai : icici and hdfc going opp to each other]
10:46 Shai : would mean the BNF wonlt do much
10:47 Prashant : yes, there is a 40 points discount. Not interested in going much up.
10:49 Prashant : debit spread good if you are expecting move in the direction of first leg.
10:50 Prashant : e.g. covered call(debit) if you expect good upmove .
10:52 Prashant : was that a test of IBL just now ?
10:52 Prashant : NF
10:52 Shai : nicely done KK- (09:26) KK : Shorts at 12116 , SL 12331.. to cover at 12084 ?
10:54 KK : thanks
11:00 Shai : 10 more points lower needed to complete the test
11:00 KK : there was a buyer at 12085 yesterday, so may not break that.
11:00 Shai : yes]
11:00 Shai : 12061 and 12085 were the IB
11:00 KK : plan to sell again at 12115 now
11:02 KK : Also, if there is a way to find at which price 12K PE becomes a lottery for tomorrow ?
11:04 Shai : will know at 3
11:04 Shai : wed is all about adjustments
11:05 Uttam : roll over guy could come today if not already built his positions
11:05 Shai : the first thing I said today was write the 12100 pair
11:05 Shai : wed is mostly OAIR and that means no OTF
11:06 Shai : 09.20 this morning – (09:20) Shai : that 12100 strike is good with sl of 107 for day tgt 72/ 61
11:06 Uttam : 82 now Shai 🙂 with both at 41
11:06 Uttam : and it will have faster theta decay today as Subhadip was saying yesterday
11:07 Shai : +1
11:07 Subhadip : in my experience, very difficult to get money by buying atm options on wednesday post 12 noon
11:07 Prashant : decay is faster post 12.30 -1.00
11:07 Prashant : Yes
11:07 Subhadip : better trade in next month, or sell options with stops
11:07 Shai : It was settled for 61 on the trend day yesterday but vix moves made it quirky
11:07 Uttam : +1 Subhadip
11:09 Subhadip : so far, the OI chain suggets a totally congested day
11:15 Shai : Inntra- Buy NF 12089 sl of 12076 tgt 12112/ 12124
11:16 Shai : 13 point contra trade of OAIR
11:32 Prashant : my covered call is still +ve. Have sold some puts. I am net biased on upside. Will close all legs if anytime I get to black. I will trade through expiry managing positions.
11:35 Vishnu : have exited all calls in low waiting for market to go up to cover the remaing put sold
11:35 Prashant : rationale : I want to trade upside which can happen anytime until next expiry(also RBI policy day). I don’t know when 🙂
11:35 Shai : Exit 12092 F. No movement
11:36 Shai : Those holding maintain same sl and tgt
11:39 Boppanna : Uttam BNF looking ready to move?
11:39 Uttam : Nelsons holding it 😉 111
11:39 Uttam : yes looks like move coming
11:40 Uttam : NF needs to take out 12105
11:41 Subhadip : breakout iminent of BankNifty fut anytime now
11:41 Uttam : +1
11:41 Boppanna : That 32KCE above 65 can give a nice move IMO
11:43 Subhadip : too far OTM on a wednesday
11:43 Subhadip : 31800 better
11:44 Subhadip : Shai : based on your call bought 12050CE at 64
11:44 Subhadip : half out at 70
11:44 Subhadip : rest holding with 65 stops
11:44 Uttam : nice Subhadip 🙂 congrats
11:45 Boppanna : ok thx Subhadip..
11:50 Shai : +1- (11:44) Subhadip : Shai : based on your call bought 12050CE at 64
11:57 Uttam : 12102 high in that bounce so far – (11:40) Uttam : NF needs to take out 12105
12:06 Chandrashekhar : selling pressure increasing here Uttam?
12:07 Boppanna : Shai BNF refresh needed ?
12:07 Chandrashekhar : YVwap also broken
12:07 Shai : slightly
12:07 Shai : can track in 5 min bars the change of vol in blue
12:07 Uttam : OAIR so will keep rotating around VWAP
12:07 Uttam : some selling being absorbed here looks like
12:07 Uttam : 15k red at lows
12:07 Shai : yes COT is not red
12:08 Uttam : +1
12:10 Boppanna : Shai BNF refresh 21k both sides
12:11 AmitN : uttam/Shai, why the 22k 24k reds are not visible in 30 mins chart?
12:11 Uttam : BNF wants to give a FA?
12:11 AmitN : in BNF
12:11 Uttam : 4 is 40 in BNF Amit
12:11 Uttam : sorry
12:11 Uttam : one in the room is Dec
12:11 Boppanna : Dec
12:11 Uttam : GoTo has the Nov one
12:11 Uttam : and seen there
12:11 AmitN : ok thx
12:12 Prashant : NF at inflection point again
12:12 Uttam : 12066 is the earlier IB below 10285
12:13 Uttam : 12085*
12:13 Uttam : 12082 is this week’s IBH
12:13 Vishnu : if fa is in failed auctions na then can i buy with fa below as sl in bnf?
12:14 Shai : how many of you are spent on your emotional capital already?
12:14 Uttam : FA is not yet confirmed Vishnu but yes a probable one
12:14 Prashant : If we don’t bounce now, likely to convert current week net long to nutral and next expiry net long with SL 12000 spot.
12:14 Vishnu : as per u it may a probable fa?
12:15 Uttam : yes
12:15 Vishnu : for fa for confirmation wht needed
12:15 Prakash : I have saved it for the 2nd half @Shai
12:15 Shai : nice congrats
12:15 Uttam : first it needs to get above VWAP & then the other end of IB
12:15 Boppanna : @Vishnu needs to get past vwap and IBH
12:15 Prashant : If we cross 12094 we will break 12100 on upside
12:15 Chandrashekhar : FA will lead to fast moves..
12:16 Vishnu : bnf in IB backed with fast moves?
12:16 Uttam : ??? (12:15) Prashant : If we cross 12094 we will break 12100 on upside
12:16 Boppanna : ..oh can’t match Uttam’s speed 🙂
12:16 Govind : Shai, only one trade all day. Made DT and waiting for the next one
12:16 Uttam : lol Bops _/\_
12:17 Prashant : It’s opening high on lower TF.
12:17 Shai : +1- (12:16) Govind : Shai, only one trade all day. Made DT and waiting for the next one
12:17 Uttam : but look at the same lines 🙂 we should have met last week
12:17 Prashant : Sorry opening Low
12:17 Govind : As you said, went in with big lots and small targets.
12:20 Prakash : NF hit Days Low
12:20 Uttam : that 12100 OI now drifting away
12:21 Uttam : 40.6L to 32.3L
12:21 Boppanna : BNF 650?
12:21 Uttam : yep looks like
12:21 Prashant : BNF discount narrowing on every dip => short covering
12:23 Uttam : reds unable to push below 12085 in NF
12:24 Uttam : another 14k seems stuck?
12:26 Vishnu null : so any freshtrade setup
12:26 Bhavani : Uttam.., NF holding on your hypo support of 12080-85
12:26 Uttam : 25k green in NF
12:26 Uttam : 35
12:26 Favas : bnf?
12:27 Favas : selling ?
12:27 Uttam : hey Favas 🙂 welcome back
12:27 Shai : It’s a chop zone at ypoc
12:27 Jitender : bnf discount narrows
12:27 Shai : wait for it to move away for better entries- NF
12:27 Favas : thnks
12:27 Uttam : downside looking tired in NF though for now
12:28 Pritesh : Shai, still expiry range is around 12K tomorrow?
12:29 Jitender : dont shrt if 752 is sutained on bnf with vols
12:30 Boppanna : +1
12:30 Shai : Above 12000- (12:28) Pritesh : Shai, still expiry range is around 12K tomorrow?
12:30 Uttam : roll guy is here
12:30 Shai : let this mini auction complete- we will have tom range by 3
12:30 Uttam : 5L
12:30 Uttam : in DEc
12:30 Chandrashekhar : big seller
12:30 Shai : hmm
12:30 MJ : Big guys are here.
12:31 Boppanna : Wed noon
12:31 MJ : 🙂
12:31 Prakash : is it Rollover??
12:31 Boppanna : yes
12:31 Uttam : 12130 DEc will be an imp ref looks like
12:31 Pritesh : Thanks Shai
12:32 Uttam : NF just short of 1.5 IB down
12:32 Vishnu null : 5l seller
12:32 Vishnu null : any rollover
12:32 Uttam : that is a roll only Vishnu
12:32 Prashant : How does one differentiate between long / short rollover ?
12:32 Shai : roll
12:32 Vishnu null : ok thanks
12:32 Uttam : here both are red
12:32 Shai : 313k he is – single guy
12:32 Uttam : but that guys masks it very well
12:33 Chandrashekhar : alsouttam we see 1.68 lac on greens..@ 12085
12:33 Chandrashekhar : is that short covering?
12:33 Shai : 12084
12:33 Uttam : rolls on both sides Chandrashekar
12:33 Chandrashekhar : hmmm
12:34 Uttam : could be a hedged position too getting out from the Nov series
12:34 Vishnu null : boring day
12:34 MJ : 33k reds at nf lows. upside down guy?
12:35 Uttam : we learn something everyday Vishnu, it is not just about making money on all days 🙂
12:35 Shai : Intra – Keep an NF buy abv 12095 sl of 12075 tgt 12125
12:35 Vishnu null : yaaa
12:35 Chandrashekhar : +1 Uttam
12:35 Uttam : as Shai said save emotional capital, equally important to relaise when to do it
12:35 Shai : +1
12:36 Shai : if you don’t undertand OAIR you have lost all emotional capital and can call the day anyname you want
12:36 Chandrashekhar : 1.2lac seller again or roll?
12:37 Shai : 112 k yes
12:37 Vishnu null : yes tht wht boring before i do tradesn now sitting and watching
12:37 Shai : big OTF is coming in
12:37 Uttam : yes
12:37 Vishnu null : otf means
12:37 Uttam : Other Time Frame
12:37 Uttam : big player
12:37 Shai : watching range expansion if any below 12076 or abv 12092
12:38 Uttam : taking his position for the new series
12:38 Shai : OTF is here
12:38 Shai : get ready biys
12:38 Shai : boys
12:38 Shai : time to deploy is almost here
12:38 Favas : wt bt bnf?
12:39 Shai : 1164- supp in BNF
12:39 Favas : selling fding?
12:39 Shai : is more bullish of the 2
12:39 AmitN : Shai, can we say OTF is short? or is it not clear yet?
12:39 Shai : not clear
12:39 Shai : rolls are never direction
12:40 AmitN : ok
12:40 Vishnu null : so what we have to donin otf
12:41 MJ : Chief 17th month of seeing these biggies.
12:41 MJ : Started observing since 2018 june. expiry algos.
12:41 Uttam : get prepared for a bgi move (12:40) Vishnu null: so what we have to donin otf
12:42 Vishnu null : any direction possible na
12:42 Uttam : which is what we need to find using what we learnt in the workshop
12:43 Vishnu null : ok good uttam
12:47 Vishnu : nf below poc couple of time
12:47 Uttam : BNF not interested in what NF is doing, in its own world
12:47 Prakash : New Days Low in NF
12:47 Uttam : 1.5 IB done NF
12:49 Boppanna : @Vishnu OF gives u these refrences of the big guys monitor the auction around these zones and there will be good RR trade opportunities not just for intra but positional as well..Shai’s put out one for intra at 12:35
12:49 Boppanna : BNF
12:49 Vishnu : good reverse
12:49 Jitender : 🙂 (12:29) Jitender : dont shrt if 752 is sutained on bnf with vols
12:49 Uttam : bom boom
12:49 Boppanna : +1
12:50 Uttam : (12:47) Uttam : BNF not interested in what NF is doing, in its own world
12:50 Jitender : Vishnu 31800c e had booked at 116 and now 31800 pe at 134
12:50 Shai : NF in
12:51 Vishnu : covered and exited in 20k
12:51 Uttam : look at the greens in NF
12:51 Prashant : That’s a move boy!
12:51 Uttam : as it crosses vwap
12:51 Jitender : fromm 322.5 shrt…booked 72bps in it
12:51 Uttam : 47k in BNF at 31850
12:51 Uttam : moninrg tgt coming now
12:51 Uttam : FA confirmed
12:51 Govind : BNF 31800CE from 121.8 to 152, second trade done
12:51 Boppanna : +1
12:51 Shai : +1
12:51 Prashant : 12120 the level to be watched
12:51 Uttam : congrats Gov
12:52 Govind : Thanks boys; Shai alert about OTF helped
12:52 Vishnu : super shai in short SS
12:52 Subhadip : BNF 31800 CE from 120 to 158 😉
12:53 Subhadip : had qty
12:53 Uttam : BNF has 46k red & 0s at top
12:53 Subhadip : day’s job done
12:53 Vishnu : @uttam mrng tgt kitna?
12:53 Uttam : super Subhadip 🙂 congrats
12:53 Uttam : 31850
12:53 Vishnu : good job subhadip
12:53 Uttam : (09:29) Uttam : BNF for 31852
12:53 Govind : Dada, almost same trade 🙂
12:54 AmitN : yes, thanks for the alert Shai, was ready to press the button and out in 30 secs 🙂
12:55 Jitender : congo everyone
12:55 Govind : Yeah, need to listen to the big man
12:55 AmitN : Thanks Jit for ur ref of 752
12:55 Govind : Thanks Jit
12:56 Jitender : wc
12:56 Subhadip : trade was in and out in 3 mins
12:57 Govind : BNF fresh leg up?
12:57 Uttam : 46k red right at 31848 & 0s above, if they are taken out this hypo can come into play c) Above 31852, BNF can probe higher to 31908 / 32001 & 32045-58
12:57 MJ : 0’s at vwap gov. As far as they hold.. 🙂
12:57 Boppanna : Above 850
12:58 Govind : Yes to both 🙂
12:58 Uttam : (11:40) Uttam : NF needs to take out 12105
12:58 Uttam : 12104 high
12:58 Chandrashekhar : 87 K roll over again?
12:59 MJ : Yeah.
12:59 MJ : Check the 30 min pane Chandrashekhar extreme right chart.
12:59 Prashant : Signing off fo the day. Trade safe! Have closed current week and moved longs to next expiry with 12000 spot as SL.
12:59 Uttam : that guy masks it well Chandrashekar
12:59 MJ : His masking is on.
12:59 Govind : Wanted to buy BNF Dec monthly 32k CE at 199 but missed it; made a high of 259. Will wait.
13:00 MJ : He comes with big qty and keeps masking with 87k 1L qty.
13:00 Chandrashekhar : yep..did not see that vol there
13:00 Chandrashekhar : hence confused
13:00 MJ : +1 uttam. same pattern.
13:00 Uttam : +1 MJ you got your man today to enter
13:01 Govind : Nice bells in both Uttam
13:01 Uttam : (11:05) Uttam : roll over guy could come today if not already built his positions
13:01 Govind : Seems to me like you reminded him 🙂
13:01 Uttam : yes Gov so whom are you calling to ring it
13:02 Chandrashekhar : 42 K greens here
13:02 Govind : Not me bro, you only
13:02 Chandrashekhar : 1.1 lac green above it
13:02 Uttam : 1L above it
13:02 Uttam : Chandrashakr
13:02 MJ : Uttam, since past 3 monthly expiry, I’ve been marking him and the RO point and just following weekly and monthly profiles. It has helped a lot.
13:02 Uttam : no that RO guy comes on MJ’s call
13:02 MJ : Uttam 🙂
13:02 Govind : lunch time for me
13:03 Uttam : enjoy Gov
13:05 Chandrashekhar : uttam one query..despite of these big greens, why is the price not going up ..
13:05 Uttam : because this a big player building his position
13:05 Uttam : do not watch if for intra basis
13:05 Chandrashekhar : inventory adjustments?
13:05 Uttam : this will help to get the bigger view for December once expiry is done
13:06 Chandrashekhar : got it
13:06 Uttam : Dec has reds at same places where you saw these greens
13:08 Uttam : 150 is the base for now in Dec 12100PE, that breaking would signal a upmove coming
13:09 Uttam : inside day in NF so far & bell inside yesterday’s balance too
13:09 Uttam : getting ready for explosive expiry?
13:12 Uttam : 12105 test once more coming up?
13:14 Niraj : yes
13:20 Favas : hi uttam, its been long time..
13:21 Shai : 74.5- (09:20) Shai : that 12100 strike is good with sl of 107 for day tgt 72/ 61
13:21 Uttam : yes Favas 🙂
13:21 Uttam : +75 Shai
13:22 Shai : one pop to n12115 due from this tape
13:22 Boppanna : Good trade Shai
13:23 Favas : +1 shai
13:26 Shai : If we don’t get another big player we are looking at 12085F- 12100 F as expiry zone tom
13:27 Boppanna : Shai BNF one touch to 32K possible for expiry?
13:28 Shai : seeing 31900 near close
13:28 Boppanna : ok thx
13:28 Prakash : just tuched VWAP
13:29 Prakash : touched
13:31 Subhadip : sold an ironfly 31800
13:31 Subhadip : 151 credit
13:32 Subhadip : buy 1*31600PE + buy 1*32000CE + sell 1*31800CE +sell 1*31800PE
13:32 Subhadip : credit 151, max risk 49
13:32 Subhadip : trade needs to be held till tomorrow 10 am
13:32 Subhadip : ideally expect 25-30 loss on this trade max by tomorrow 10 ma
13:33 Subhadip : or profit of 50-60
13:33 Subhadip : defined risk trade
13:33 Subhadip : if you think we will expire tomorow at 31800, hold till close for max profit of 151 🙂
13:34 Jitender : wont 31200ce-31600pe shrt at 124 be cleaner n easier to manage
13:34 Subhadip : undefined risk 🙂
13:34 Uttam : 32200ce?
13:34 Prakash : similar Iron Fly for NF pls
13:34 Jitender : 32000ce
13:34 Uttam : +1
13:35 Jitender : overnite or by definition ? (13:34) Subhadip : undefined risk 🙂
13:36 Subhadip : Nifty ironfly >
13:36 Subhadip : sell 12100CE and PE
13:36 Subhadip : buy 12150CE
13:36 Subhadip : buy 12050PE
13:36 Subhadip : credit 38
13:36 Subhadip : risk 12
13:37 Subhadip : jitendar : I will not keep an undefined risk trade open near ATHs
13:38 Subhadip : you may do that, but personally i am uncomfortable with naked selling strategies
13:38 Jitender : no one wud 🙂
13:38 Jitender : k
13:38 Subhadip : an ironfly actually plays on the major theta decay of atm options
13:38 Shai : +1- (13:36) Subhadip : Nifty ironfly >
13:38 Subhadip : without the undefined risk
13:38 Shai : Absorbs the risk
13:39 Shai : Personally still seeing the same range as yesterday for NF expiry tom
13:39 Jitender : ys and borken wing is its adjustment (13:38) Subhadip : an ironfly actually plays on the major theta decay of atm options
13:39 Shai : risk is just tghis next 90 mins
13:39 Jitender : yup
13:40 Subhadip : this ironfly was a bettr trade when we had STT
13:40 Shai : or a hard sl at 83 if short into 12100 ce pe
13:40 Subhadip : thsi 50 risk was virtually 20 risk at closign due to STT on ITM options
13:40 Shai : should give that 61 at close
13:40 Prakash : Thnx Subhadip
13:40 Subhadip : there we kept this open till expiry
13:41 Subhadip : on MP, if tomorrow is I get the diea that market is congested, will keep this open
13:41 Subhadip : fastest theta decay is between 9.15-10
13:41 Subhadip : slows down a bit from 11-12
13:41 Subhadip : again accelerates from 12
13:42 Subhadip : hence, exit is around 10 am tomorrow
13:42 Subhadip : on wednesdays post 2pm, i avoid buying weekly options
13:42 Subhadip : do these strategies in volume and sit tight
13:42 Subhadip : 🙂
13:43 Subhadip : no need to watch the screen too
13:43 Subhadip : risk is defined
13:44 Jitender : on expiry day gamma sumtimes kills (13:42) Subhadip : do these strategies in volume and sit tight
13:44 Subhadip : this strategy is immune to gamma
13:45 Jitender : ironfly ?
13:45 Subhadip : gamma will kill you in a anked option
13:45 Subhadip : yes
13:45 Subhadip : gamma has no effect on ironflies
13:46 Jitender : cool
13:46 Subhadip : do 1 lot each and see till expiry 🙂
13:47 Jitender : nahi prabhu
13:47 Subhadip : you will understand what I mean
13:47 Jitender : cant run after pennies
13:47 Subhadip : ok
13:47 Jitender : have a strong DT based system…
13:48 Jitender : its going k fr 3+ years now
13:48 Subhadip : DT ?
13:48 Subhadip : day types >
13:48 Subhadip : ?
13:48 Vishnu : dt ?
13:48 Uttam : Daily Target
13:48 Jitender : Daily tgt
13:48 Subhadip : ah, ok
13:48 Vishnu : okk
13:48 Vishnu : any eg?
13:48 Jitender : u can ask Shai or any 1 year old guy here abt tat
13:49 Uttam : Jit oyu need to take one webinar to explain it too all 😉
13:49 Jitender : mayb one day…but free
13:49 Uttam : yes VT webinar
13:50 Jitender : absoluttely
13:50 Tejpreet : DT concept is absolute nirvana !!
13:50 Uttam : +1 Tej
13:51 Boppanna : +1
13:52 Jitender : changes yr way of thinking & tradn
13:52 Govind : DT rocks!!
13:52 Govind : By the way, can we have some vols in BNF please….no vols since that 12:52 move
13:53 Uttam : Call Jit, hes the man
13:53 Jitender : 🙂
13:53 Subhadip : https://vtrender.slack.com/archives/C0F2VRTPW/p1574843051001000
13:53 Govind : Haha 🙂
13:53 Vishnu : Nf struggling at 12085 POC
13:54 Subhadip : https://vtrender.slack.com/archives/C0F2VRTPW/p1574843094001300
13:54 Subhadip : uploaded the payoff graph and greeks for the BN ironfly
13:54 Subhadip : those interested can have a look
13:54 Govind : NF to puke soon?
13:56 Uttam : yes Gov you have 20k red at lows
13:57 Uttam : part puke or full dont know though
13:57 Govind : Ok, a small puke;
13:57 Govind : 🙂
14:00 Uttam : 25k green in both NF
14:01 Jitender : the viw of the underlying is the absolute key..if u r good at tat and hve a robust risk management system in place….ten lot of strategies work
14:01 Jitender : and i always one should as per his personality traits
14:02 Jitender : believe should*
14:02 Jitender : for eg Uttam is the ideal example..conservative trader, trades only wen sure and is bang on with the underlyn
14:03 Uttam : _/\_
14:03 Jitender : and Shai…..the idea trader+system +knowledge maestro
14:03 Jitender : ideal*
14:03 Jitender : Tej is the ultra quick & fast trader
14:04 Tejpreet : Uttam a query ?
14:04 Jitender : VT is a beautiful coomunity
14:04 Uttam : +100 Jit
14:04 Tejpreet : and jit a combo of all 🙂
14:04 Uttam : hukum karo Tej 🙂
14:04 Tejpreet : You giving NC or NE in bn 🙂
14:04 Uttam : lol
14:04 Boppanna : lol
14:04 Uttam : RM ko call karna padega
14:05 Jitender : karo
14:05 Jitender : Subhadip should mee the guy who gives 5 IB day by appearing only
14:05 Jitender : meet
14:06 Uttam : oh yes our room’s lucky mascot
14:07 Jitender : +1
14:12 Rajesh : 55k buyers?
14:12 Uttam : again on both
14:12 Uttam : Nov & Dec
14:18 Govind : ping pong at vwap, BNF
14:18 Govind : here we go
14:18 Uttam : ext handle coming?
14:18 Uttam : this period or 2:45 not sure
14:18 Govind : Would be nice
14:19 Jitender : 153 bps range so far
14:19 Uttam : Tej will be very happy
14:19 Uttam : tom 1500 trades Tej 😉
14:19 Shai : either a spike or a trend day tom
14:19 Uttam : _/\_
14:19 Shai : what do you guys prefer?
14:20 Niraj : trend
14:20 Govind : TD tomorrow
14:20 Niraj : ofcourse
14:20 Shai : spike at close or trend day for settlemnt ?
14:20 Rajesh : trend
14:20 Shai : okay then ensure no spike at close
14:20 Uttam : it is upto you guys now to hold it
14:20 Uttam : lol
14:20 Boppanna : quicker results.. spike Shai
14:20 Vishnu : @shai trend day
14:20 Govind : Haha
14:20 Shai : still fell one move is there to 12115
14:21 Uttam : yes 12105 test could give more confirmation if spike or bell close
14:21 Tejpreet : Uttam just 38 today.
14:21 Uttam : how about a spike then gap up then trend day Shai 😉
14:22 Vishnu : bell close means
14:22 Jitender : 31700/1200 pain
14:22 Uttam : I know so you need to save all that energy for tom 😉 (14:21) Tejpreet : Uttam just 38 today.
14:22 Tejpreet : that 318k combo melting away 265 now.
14:24 Boppanna : 12100CE/PE 71
14:25 Uttam : boom
14:25 Uttam : 12105 here
14:25 Govind : 31800CE 132 to 160; OUT.
14:26 Niraj : im short on 31800
14:26 Niraj : ce
14:26 Govind : Small spike
14:26 Niraj : sudden spike
14:26 Uttam : 44k red in BNF
14:26 Boppanna : why 43K BNF ?
14:26 Uttam : 31865
14:26 Uttam : closing positions looks like
14:26 Govind : Yes
14:27 Uttam : took a long time coming but did finally – (13:12) Uttam : 12105 test once more coming up?
14:27 Vishnu : made good thanks shai
14:27 Tejpreet : uttam no cheating give us proper NE .
14:27 Chandrashekhar : can we 12125 here uttam?in this leg up?
14:28 Uttam : @Shai good chance of the series POC shifting to 12085?
14:28 Uttam : will be back in 10 mins
14:29 Govind : Now NF turn
14:29 Govind : 42k green at top
14:30 Niraj : exited call
14:30 Niraj : 31800
14:33 Govind : Another Doji in NF daily today? 🙂
14:35 Rajiv : is this 42K green in trouble
14:37 Govind : Where would the indices be without ICICIB today?
14:40 Jitender : ghanti complete
14:41 Shai : 12107 is an RS again
14:41 Shai : Close out the NF longs at cost here
14:41 Niraj : sir can we continue shorts
14:42 Shai : what wa sthe plan which made you hold shorts?
14:47 Subhadip : 12100CE OI dipping
14:49 Pritesh : NF CE good to hold for tomorrow?
14:50 Subhadip : weeklies ?
14:50 Subhadip : nopes, too much theta
14:51 Pritesh : yes
14:51 Shai : general idea expressed here from the open today has been that it is a flat market
14:52 Pritesh : thanks
14:54 Uttam : are we spiking or not spiking 😉
14:54 Uttam : 31908 once in BNF please before close
14:55 Tejpreet : where is 2 ib uttam 🙂
14:55 Uttam : BNF?
14:55 Uttam : 31946
14:55 Tejpreet : yes
14:55 Tejpreet : tks
14:55 Chandrashekhar : above 12105? uttam?
14:55 Chandrashekhar : NF.
14:56 Uttam : spike means needs to take out day highs
14:59 Uttam : Jit’s 3:05 move here?
14:59 Shai : 12110
15:01 Uttam : Shai making sure we get a trend day tom 🙂
15:01 Govind : +1
15:01 Shai : 2 guys now in 2 days
15:01 Uttam : room boys played well 😉
15:02 Shai : 12225 and 12107- (14:41) Shai : 12107 is an RS again
15:02 Vishnu : YA OUT
15:02 Govind : +1 Uttam
15:02 Govind : Congrats to all
15:02 Shai : BNf has an FA?
15:03 Uttam : yes
15:03 Boppanna : Yes
15:03 Shai : 31705 atrs?
15:03 Uttam : 32141
15:03 Shai : nice’
15:03 Chandrashekhar : 3.4lac greens
15:03 Shai : solid base at 31640- 740 for tom
15:03 Uttam : see told you that guy is not finished
15:03 Uttam : 4L green in decd too
15:04 Uttam : masked entries
15:04 Shai : they were 100 apart in oct
15:04 Shai : Almost togther in dec
15:04 Shai : 2 different players
15:04 Uttam : one red & one green 🙂
15:05 Uttam : 12130 & 12145 in DEc
15:05 Uttam : 12085 & 12100 in Nov
15:05 Shai : perfect
15:06 Uttam : now for sure the series POC would have shifted in this zone Shai?
15:07 Shai : going back to the centre now that 12100 strike
15:07 Govind : 3.4 L and 66k Uttam, roughly?
15:07 Shai : 83 sl for that tgt of 43 tom . RR not good for a new entry
15:08 Vishnu : OK
15:08 Uttam : prev 30min bar also has almost 1.4L vol there Gov
15:08 MJ : Oh wow Uttam, you got one more fella.
15:08 Uttam : not me it was Shai
15:08 MJ : massive volex.
15:08 Uttam : or RM could be
15:08 MJ : From doon. 🙂
15:08 Uttam : yes needed for a big move
15:09 MJ : Uttam, whats series poc on your charts?
15:09 Boppanna : Tej pushing BNF
15:09 Uttam : 31908 needed Bops
15:10 Uttam : time running out though
15:11 Uttam : @Mihir just restarted my charts but was around 11980ish before, would have shifted hgiher today
15:12 Uttam : BNF does 1000 points from that FA of 30860
15:12 Boppanna : +1 Uttam
15:12 Uttam : 2atr is at 31908
15:12 Tejpreet : Bops booking out , no more pushing as MIS orders 🙂
15:12 MJ : Okay thanks Uttam.
15:13 Jitender : bnf pushn fr a gap up ?
15:13 Uttam : 6 mins & 40 points possible?
15:14 Boppanna : Shai did this he said 900 by close …Tomorrow morning open just a peek at 32K..
15:14 MJ : sbin indus yes
15:15 Uttam : come on 20 done in 3 mins so go for the 20 more now 😉 – (15:13) Uttam : 6 mins & 40 points possible?
15:16 MJ : Go uttam go.
15:16 Shai : neut ex in BNF
15:16 Uttam : Tej did this
15:16 MJ : kotak comes above vwap too.
15:16 Shai : 31400 pe short with sl of 19 cmp 13.5
15:17 Tejpreet : chief no fizz in this NE 🙂
15:18 Uttam : fizz is saved for tom Tej 😉
15:18 Tejpreet : lol
15:19 Tejpreet : maybe this can give the fizz
15:19 Tejpreet : 10 mins left….RIL 7 Rs away from 10 lk cr market cap
15:19 Jitender : will NE have an exception to its 8% follow up rate morrow
15:19 Uttam : yes sir
15:19 Uttam : looks like
15:19 Jitender : k
15:20 Shai : would have celebrated if 1L CR was in my house- (15:19) Tejpreet : 10 mins left….RIL 7 Rs away from 10 lk cr market cap
15:20 Tejpreet : haha
15:20 Shai : 🙂
15:20 Jitender : 🙂
15:20 Uttam : lol Aman Shai, will do tat also
15:20 Uttam : Amen*
15:20 Shai : will leave the T shirts for the media guys
15:21 Uttam : Dec 12100pe breaking below 150
15:21 Uttam : OI crossover happening in it though very little OI in it
15:23 Vishnu : DEC12100 PE BEARISH VIEW UTTAM?
15:24 Chandrashekhar : Spike hasnt come in NF right uttam?
15:24 Chandrashekhar : just closing near DH
15:24 Jitender : good eod close fr both
15:25 Pritesh : expect trend day tomorrow.
15:25 MJ : Shai day cot for nf dec is?
15:26 Chandrashekhar : these reds are long bookings shai?
15:27 Chandrashekhar : in Nifty..
15:27 Shai : cot dec is also plus from 12123F
15:27 Shai : yes ome intra players
15:28 MJ : Thanks bossman.
15:28 Govind : RIL spiking
15:29 Uttam : buggers did it in the last minute ;-p that too 10 points less – (14:54) Uttam : 31908 once in BNF please before close
15:29 Shai : Bye all
15:29 Vishnu : SHAI ANY CLOSING COMMENTARY FOR TOM
15:29 Govind : See u manana boys
15:29 MJ : 31900 you get it shai 🙂
15:29 Tejpreet : Bye All.
15:29 Shai : Have a ncie evening
15:29 Uttam : that 31908 may never get printed tom 😉
15:29 Chandrashekhar : Bye all
15:30 Shai : for tom if we donlt get open drive or one of the 3 we are flat in same range as yesterday
15:30 Vishnu : UTTAM ANY CLOSE COMMENTARY
15:30 Vishnu : OK SHAI THANKS
15:30 Uttam : pleaae dont use caps Vishnu and wait for the report, market is closed till 9:15 now
15:31 Subhadip : bye guys
15:31 Vishnu : ok sorry\
15:31 Vishnu : bye all take care
15:32 Uttam : thanks All 🙂 have a lovely evening