Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade.
The way we see it is that Order Flow trading is a mindset. Well, instead of just looking for technical patterns, Trader should go a step further and think about what other market participants might do.
NF
BNF
Room Chat
08:57 Sumeet : Good morning !
08:59 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/664050245
09:00 Viren : Good Morning All
09:00 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647754688?pwd=Z3NYU0tja0J3SE4zVkIydGdQY2FEZz09
09:01 Vtrender Live : 5 min NF charts – https://join.me/727-178-170
09:02 Shai : GM all
09:02 Shai : First day of Dec series
09:03 Shai : As you all know, the markets are not very liquid on day 1 and in wait and watch mode
09:03 Shai : we have a holdiday on Mon, so may be quieter
09:03 Shai : Neu X profile yesterday with highs of 13052 are imm ref
09:04 Shai : 12974 zone now a supp for day
09:04 Shai : 12974- 13052 to watch early at open
09:04 Shai : Abv 13052 we may kick in a move to 13122F again for scene of crime visit
09:05 Uttam : Good Morning All 🙂
09:05 Shai : BNF 29950 ref lines for the open
09:05 Shai : watch if the auction amanges abv that
09:07 Ankush Jain : Shai the day range mentioned is taking into consideration of Dec series?
09:07 Shai : yes
09:10 Rusi : Gm all
09:17 Shai : 12975-82 is our zone of interest for this open now
09:18 Shai : roughly 13080- 90 is the upper of the 3 distributions from wed
09:18 Shai : we may stay logged in the upper distribution today
09:18 Shai : range 12975- 13085
09:33 Shai : A getting done
09:33 Shai : No movement abv Neu X
09:34 Shai : red band is now dominanat in both
09:34 Shai : so no longs
09:41 Rahul : shai volumes are decent since morning ?
09:42 Uttam : 711 green in NF
09:42 Uttam : 681 in BNF
09:42 Uttam : 1774 hgiher also one in BNF
09:46 Uttam : ORR kind of open in both though vols on lower side
09:46 Uttam : opened higher but got back into prev say range
09:47 Ankush Jain : room charts?
09:48 Uttam : charts are fine
09:50 KK : End of auction in BNF
09:51 MJ : excited puppy bnf!
09:51 MJ : wow
09:52 Viswas : what’s that ?? nifty huge one,-40pt in 1mnt
09:52 Viswas : ug are they taking late shorters sl?
09:53 Shai : yes clsoed the red band that 1
09:53 MJ : see the 0s in middle of the bar.
09:53 MJ : bossman mentioned illiquidity factor.
09:53 Uttam : 0s at lows in both NF & BNF
09:53 K2dt : +1MJ
09:53 K2dt : very illiquid it is
09:54 Uttam : good volumes we have for the first day
09:54 Uttam : 22L in NF
09:55 Uttam : 14.5L in BNF
09:55 Uttam : better than yesterday
09:55 K2dt : oh then can expect bb or dd :))
09:55 Uttam : though yesterday vol was spilit in the 2 series
09:56 Shai : yes decent is the wrord :)- (09:41) Rahul : shai volumes are decent since morning ?
09:56 Rahul : thanks
09:58 K2dt : bnf wants boom boom UG?
10:01 Shai : 13000 ce pe 240 now- with sl abv 267 can do 206 by close
10:01 Uma : I’ve made notes from training sessin that not to go for counter trend if it is ORR. So until it revisits, I can ignore all the Ib and green bars rt
10:02 Shai : Not really
10:03 Shai : you have to see the Volume in ORR- A good ORR breaks below value easily
10:03 Shai : has to do it in A and B
10:03 Bhuvan : shai got@240.05
10:03 Uttam : stucks reds gave that swipe above vap in NF but still could not get above PDH
10:04 Uttam : now back below vwap
10:04 Shankar : What’s ORR?
10:04 Uma : ok
10:04 Prashant : Shai, i think uma is talking about ignoring longs, but ok with shorts given it is orr.
10:05 Prashant : Would that be a right way to go?
10:05 Shai : It’;s not a good ORR
10:05 Prashant : ok. so then one can look for long too. ok
10:05 Uttam : yes ORR need to be on better than average vols to be effective
10:05 Uttam : we would have swiftly gone through previous Value if it was a good ORR
10:06 Uttam : first day of the new series so market trying to find its feet
10:06 Prashant : Got it. Thanks
10:07 Shankar : ORR?
10:08 Prashant : open rejection reverse
10:08 Uttam : Open Type
10:08 Uttam : first video in the TL has it S
10:08 Shankar : 🙂 Thanks.
10:08 Uttam : please keep going through the TL videos to get the concepts & set ups we use here
10:08 Shankar : Yes UG. Noted.
10:08 Uttam : without them trading would be hitting in the dark
10:11 Uttam : NF getting ready for a C side?
10:15 Shai : +1- (10:08) Uttam : without them trading would be hitting in the dark
10:16 Shai : To all who are new to the room, please take time out, stop trading is you have to and visit the Training Library and go through the videos. IT will change your account in many ways
10:16 MJ : bossman: what are the RO points for both the index?
10:16 Rusi : so today’s open was OAIR ?
10:16 Uttam : mentuoned here MJ – https://vtrender.com/market-profile-analysis-dated-26th-november-2020/
10:17 Augustin : Completely agree, Shai.. First couple of days, was bit clueless like a new kid trying to look for indicators/ calls.. after going through order flow related material, am able to make better sense now.. still long way to go
10:17 MJ : Thanks ug.
10:17 Shai : OAIR it is
10:18 Rusi : thanx shai
10:18 Shai : +1- (10:17) Augustin : Completely agree, Shai.. First couple of days, was bit clueless like a new kid trying to look for indicators/ calls.. after going through order flow related material, am able to make better sense now.. still long way to go
10:18 Shai : Yes the conversation here will make sense with that visit to the Training Library
10:18 Shai : else it will be lost for you
10:19 Shai : we have been doing this for many years now and we flow with the language used, but for it to make sense for you , you have to setp up and in the Library
10:19 Shai : step* up
10:22 Jitender : just on the same topic….since u have spent money to be at VT..which has one of the most sophisticated and advanced trading systems….it wud be very areless, if u cant spare time to get yr money’s worth 🙂
10:23 Rajesh G : shai buyers are weak ans sellers stronger tday?
10:23 Jitender : so utilise the next 3 days and go thru stuff n thoose who have…refresh
10:23 Jitender : *careless
10:24 Uttam : that 333 green waved green flag in NF
10:25 Shai : +1 Jit – (10:22) Jitender : just on the same topic….since u have spent money to be at VT..which has one of the most sophisticated and advanced trading systems….it wud be very areless, if u cant spare time to get yr money’s worth 🙂
10:26 Shai : vix 21.2 to 19.6
10:27 Shai : not reallt undertanding how this works now
10:29 Himanshu : Vix behaves like Vicks of Winter
10:29 Himanshu : just soothing both sides
10:35 Shai : Modi Sir is on tour today H?
10:35 Shai : visiting vaccine centers?
10:35 Rajiv Ohri : 🙂
10:36 Shai : I read that he is going to Guj and then coming to Pune also to Serum
10:37 Prashant : International visits not happening, so might as well…
10:37 Prashant : Serum and the other company too
10:40 Shai : Modi is talking about free vaciination for India
10:40 Shai : I’m not sure how it will get done
10:40 Uttam : so NS will announce another 1L CR package 😉
10:45 Shai : No bands active
10:45 Shai : This C and D quiet
10:50 Rusi : shai, is breakout of C a good trading strategy ?
10:53 Shai : Is not OTF driven generally
10:53 Rusi : ok
10:53 Shai : we don’t want to trade much with non OTF for big directional
10:53 Gopi : today GDP data to be relaesed ?
10:53 Himanshu : Chief – sorry was away
10:54 Himanshu : Yes – since ICMR is involved in production ..
10:54 Jitender : ys Gopi
10:55 Himanshu : poonawala making statement in open on twitter -Govt needs to arrnage 66K CR crores to vaccinate India – Invites – PM’s visit
10:55 Himanshu : After al he is Gujju first
10:56 Shai : 🙂
10:56 Shai : Adar has put 1800 CR of his own money in this vaccine . It’;s high risk for him
10:56 Rusi : how much is in billion dollars ? 66000 cr ?
10:57 Himanshu : Oh Yes, thats businees
10:57 Himanshu : 7500 CR makes one billion, tweet is on his time line
10:57 Himanshu : it could be sarcasm .. like Rahul bajaj is used to ..,
10:59 Rusi : 9 B
10:59 Himanshu : PMO is on drive to world’s largest vaccination program tasked to complete in one year, this is his YOGA power moment ..
10:59 Rusi : RBI has 560 B. so it can bedone. 🙂
11:00 Himanshu : His statement to the G20 is – China gave corona , Pakistan gave terrorisim – We give you vaccine.
11:02 Himanshu : Today’s another key headline is –
11:03 Himanshu : UAE banned 13 islamic country on Visa Ban list – Under the name of Covid though
11:03 Himanshu : Pak, Iran, Seria, Afghan,Somalia, Algeria,Kenya, Iraq,Lebanon,Tunisia,Yeman and Turkey
11:04 Himanshu : Libiya.
11:04 Rusi : market islked coiled spring with 2500 positive COT till now
11:05 Prashant : We don’t have any plan yet on how vaccination is gonna happen. All hawa…
11:05 Himanshu : Ignorance is bliss, my bro is pathologist and in task force team of state,
11:06 Himanshu : There is plan – definative plan
11:06 Prashant : Serum is taking all the risk. That NYT article on Serum was super.
11:06 Jitender : tere was another news H..1200 cr bank scam and the culprits have fled the country
11:06 Himanshu : But is also – co-ordination from state is required where Congress is busy gathering Farmers to agitate..
11:06 Rusi : yes bank ?
11:06 Himanshu : we are one case ..when it comes to national interst
11:07 Prashant : Ya ya….blame it on the states, everyone else…
11:07 Jitender : Rusi https://www.ndtv.com/india-news/1-200-crore-bank-fraud-case-against-delhi-firm-accused-flee-country-2330662
11:07 Himanshu : No blame here, if you read throu farmer bills
11:07 Himanshu : its in interest of farmers-
11:07 Himanshu : then why panjab farmers have to agitate
11:08 Himanshu : when next state and rest all state in india is convinced
11:09 Himanshu : Anyways – this are good on slack…. I dont think current administration is 100 % efficent and all but to that in democracy you get govt what you deserve as citizen
11:09 Prashant : Yes, we all get the govt we deserve.
11:10 Himanshu : think we were pretty good under corrupy dynasty .. which was like extension of Mugal Monarchy post independce – barring first 2 decade post indepence
11:11 Prashant : No No….you are leaving nehru…galat baat
11:11 Himanshu : No – I am realist and not bhakt of any one
11:11 Himanshu : Call spade a spade.
11:13 Prashant : Calling spade a spade is dangerous…people have been jailed for less.
11:13 Prashant : Actually, markets fault
11:13 Prashant : not moving, and all bakar
11:15 Himanshu : Yes cause – you chose another dynast ( less of it in Shiv sena )
11:16 Himanshu : Think the guys has lived his entire life under shadow with such inferority complex , at fist chance to fulfl his childhood dream dicthed his voters
11:16 Shai : All right guys- let’s come back to markets
11:16 Himanshu : Oh yes – thx – to blow whistle
11:24 KK : bnf rotating btw 460 to 540
11:24 Rusi : failed C shai ?
11:26 Sanjib : Non-trend day looks like
11:28 Rusi : c ext downside was rejected swiftly in BNF
11:29 Uttam : it did not go below B
11:29 Rusi : ok
11:29 Uttam : we are still in the IB so no C side
11:29 Rusi : missed that. thanks UG
11:30 Shai : Bands atre still not back
11:30 Shai : quiet period this\
11:30 Uttam : +1 – (11:29) Rusi : missed that. thanks UG
11:31 Bhuvan : very dry volume
11:32 Sumeet : any news on moratorium issue slated for today in SC ? Market needs a jolt to wake up
11:32 Devkant : Shai is it fair to anticipate BIG BOYS taking a leave for christmas holidays say around post 15 DEC
11:32 Shai : yes they do
11:33 Devkant : i meant wrt volumes drying up
11:33 Devkant : especially during christmas and new year period
11:33 Gopi : this time we had travel restrictions
11:33 Rusi : kuch to non christian big bouys bhi honge 🙂
11:34 Devkant : 🙂
11:37 Uttam : BNFFfff
11:37 Uttam : shorts ki wattt
11:37 Viswas : volumes in
11:37 Viswas : +band
11:45 Rohit : SPX F gapped up
11:46 Uttam : vols came & auction headed higher
11:46 Uttam : testing the mornign tail at top
11:46 Uttam : still in IB
11:49 KK : if bnf gives normal day, we shall be back to 460..possible ?
11:53 Viswas : again vol. drop to normal. band close
11:59 Uttam : staying above vwap
11:59 Uttam : (11:46) Uttam : vols came & auction headed higher
11:59 Uttam : BNF boom boom
12:00 Uttam : big vols at 29720
12:01 Uttam : 29625 ref in it on downside now
12:01 Uttam : that is the RO point too
12:02 Augustin : BNF – Is it buyers closing positions?
12:03 Uttam : we gto IB at VWAP in BNF with 0s at 29550
12:03 Uttam : so those buyers must be booking here
12:03 Augustin : Got it
12:04 Uma : IB was crossed
12:04 Uttam : some greens also in gthis bar which could be SL of shorts
12:04 Uttam : yes Uma but it was more of a spike
12:04 Uttam : we need to sustain above IB
12:04 Uma : ok
12:04 Uttam : 29720 needs to be taken out
12:12 KK : red band in NF ?
12:15 K2dt : UG older 5 min chart posts deleted from website?
12:15 K2dt : >1.5 mnth
12:15 Uttam : yes
12:16 K2dt : any archive or gone completely?
12:16 Viswas : when sc hearing on loan moritorium?
12:16 Uttam : we take it each series at at a time so we have a month limit for all 5 min posts
12:16 K2dt : got it UG..tx
12:23 Uttam : this held – (12:01) Uttam : 29625 ref in it on downside now
12:24 Himanshu : Chief – Red verticle line – in BNF 5 nt chart need to be aligned
12:27 Favas : without band bnf going up?
12:27 Favas : shai?
12:29 Uttam : @Favas PLR was up in BNF as we got green band at VWAP with IB plus 0s
12:29 Uttam : after that no red band at all
12:29 Uttam : staying above VWAP
12:29 Shai : NF auction looks done at 13079
12:29 Favas : okey
12:29 Devkant : 1014 buyer and 1048 seller in the previous candle
12:29 Shai : if long try to book
12:30 Shai : Play done now- (09:17) Shai : 12975-82 is our zone of interest for this open now(09:18) Shai : roughly 13080- 90 is the upper of the 3 distributions from wed(09:18) Shai : we may stay logged in the upper distribution today(09:18) Shai : range 12975- 13085
12:30 Shai : fresh vioew for afternoon
12:30 Rusi : yeah. this is problem. band appears after IB , means one big move has already happenned.
12:31 Shai : cmp 233- sl at 241 now on this- (10:01) Shai : 13000 ce pe 240 now- with sl abv 267 can do 206 by close
12:31 Shai : We are extra cautious on FRYDAYS
12:31 Devkant : Shai how to interpret that big 1k buyer and seller coming into the same previous IB candle?
12:32 Shai : happens first 3 days of expiry
12:32 Shai : not everyone rolls
12:32 Shai : post expiry
12:32 Shai : so even though green band is there , the reason to book is that objective is met
12:33 Shai : 13079.9 was printed in yellow bands(12:29) Shai : if long try to book
12:34 Shai : 29775 in BNF
12:34 Devkant : Thanks Shai
12:39 Rusi : booked half long in BN
12:39 Rusi : rest SL brought to 29645
12:43 Shai : Battle here
12:44 Uma : If i was not part of this discussion room instead of booking longs in Nifty I would have taken fresh position thinking it as good breakout for the day
12:45 Uma : Nice learning
12:45 Augustin : Same here 🙂
12:45 Shai : If H>G it is a long for 13125
12:45 Himanshu : Bhai log ye Specx cabin hai..
12:45 Shai : Abv 13095 sl of 13075
12:48 Shai : when there is a war, we wait
12:48 Shai : we take sides then with the victor through the bands
12:50 Shai : 114 doable in 13000 pe
12:50 Shai : 13040/ 13013
12:54 Shai : sl 88 can buy here also 98- (12:50) Shai : 114 doable in 13000 pe
12:56 Shai : 107 book half
12:56 Shai : 13040 almost done
12:57 Shai : easy it wa sdone right?- (12:48) Shai : when there is a war, we wait(12:48) Shai : we take sides then with the victor through the bands
12:57 Shai : I walked you through it live
12:57 Shai : but all of you will get very good at it over time
12:57 Shai : just trade the bands with the numbers and you need nothing else
12:58 Sumeet : difference between a war and an aimless drift would be volumes, shai ?
12:58 Viswas : yes chief. best part we sit on sideline when they fight. means we know now what not to do
12:58 Shai : Always Vol- (12:58) Sumeet : difference between a war and an aimless drift would be volumes, shai ?
12:58 Sumeet : _/\_
12:59 Shai : 93 should hold as TSL in 13000 pe now and guve tgt
12:59 Shai : we have IS + RS
13:02 Shai : 98 TSL now
13:03 Shai : out now
13:03 Shai : wait for next 1
13:07 Abhinav : In Banknifty aren’t there big sellers around 29700
13:08 Abhinav : From 12:15 aren’t they building positions?
13:10 Shai : cover orders mostly
13:10 Shai : but yes demaind ha sbeen cut
13:11 Shai : mostly looking at 13030 expiry for now
13:11 Shai : 2 housr to go
13:11 Shai : fri close I meant*
13:12 Shai : These NF sellers could have come 15 mins earlier 🙂
13:12 Shai : new sells
13:13 Shai : 13014
13:13 Uttam : 108-114 in that 13000pe’
13:13 Uttam : NF stalled at IBH in that bounce
13:13 Uttam : so was likely to make the trip down to vwap & val
13:13 Bhuvan : shai 13000 combo going good
13:13 Bhuvan : 229.45 now
13:13 Uttam : 12995 coming?
13:14 Uttam : 80%
13:14 Abhinav : 80% of IB?
13:14 Abhinav : because it rejected from IBH?
13:14 Uttam : Normal Day today so balanced profile so 80% in todays Value
13:15 Uttam : check the highs of those 3 5min bars all at 13065 which was IBH
13:15 Abhinav : ohh..ok.
13:15 Uttam : before that we had an IS bar
13:15 Uttam : so the probe was for downside
13:16 Uttam : Normal Day so close at dpoc / vwap possible
13:16 Shai : band clsoed
13:16 Abhinav : Do we look at Nifty spot chart for IBH rejection of Nifty F?
13:16 Uttam : +1
13:17 Uttam : we follow only NF & BNF in live markets A
13:17 Uttam : Spot is for weekly Value and longer term picture
13:17 Uttam : cos volumes are in futures
13:17 Uttam : not Spot
13:18 Prashant : Uttam’s explanation makes it look easy. Hoping to see that way some day..
13:18 Abhinav : yes. Noted. so IBH rejection happened at 13064 F level?
13:18 Abhinav : where we saw IS and COT of -1017
13:18 Abhinav : ?
13:20 Uttam : firsyt IS came in the 12:50 bar with 0s at 13070
13:20 Viren : @shai I shorted 13000 pair 244 Booked PE when Band turn red and now booked CE
13:20 Shai : short NF below 13013 for 12990 sl of 13036
13:20 Uttam : the next 3 bars could not take that zone out and IBH was 13065
13:20 Viren : 244-210
13:20 Abhinav : ok. will check the charts after market.
13:21 Shai : +1- (13:20) Viren : @shai I shorted 13000 pair 244 Booked PE when Band turn red and now booked CE
13:21 Vidhyasagar Lingesan : Red bars are back
13:21 Shai : we have to go below 13013 for more- (12:50) Shai : 13040/ 13013
13:22 Shai : what was 13013? the previous low suggested by volume
13:22 Shai : so need more volume below it
13:27 Viswas : vwap shifted 10pt up. i think dpoc n vwap will align. what u say ug?
13:27 Uttam : it is already aligned at 13030 V
13:27 Uttam : characteristic of a Normal Day
13:30 Shai : shoukd do 219 in next 30 mins – (13:13) Bhuvan : 229.45 now
13:31 Bhuvan : great shai …..
13:32 Shai : NF in’
13:32 Rajesh G : s
13:32 Abhinav : in too
13:35 Shai : keep sl at 13039 3 higher from 13036
13:36 Shai : stopped
13:36 Shai : exit guys
13:36 Shai : tough one- without red band
13:36 Viswas : that was quick one
13:36 Anand : was it cos volumes were not higher than previous low ? when it toched 13013 prevously
13:37 Shai : short trapped
13:37 Abhinav : that was painful
13:38 Abhinav : glad had put SL
13:38 Shai : All short exited quick
13:38 Shai : we also have to when they exit
13:39 Shai : no point holiding when they exit
13:40 Himanshu : boom#
13:40 Shai : yes big one
13:40 Abhinav : from the orderflow it also seems like lots of orders got executed around 13015 to 13010
13:40 Shai : (13:37) Shai : short trapped
13:41 Rohit : Coming from a positional perspective, I am often struggling with intra trades. I keep thinking larger targets and larger stop losses, whereas intra demands a very different perspective.
13:41 Rohit : Shai, request a webinar on trading psychology. In your trading journey you would have seen it all…and learnt every single day from your share of mistakes.
13:44 Shai : surely
13:45 Shai : losses happen- imp to trust the process and not get beated down by it
13:45 Abhinav : From orderflow, how can we determine that there was RB at 13:30 candle?
13:46 Shai : have you been through the Training Library?
13:46 Abhinav : No. i will go through it today
13:46 Shai : All rules are explained there- please go through
13:46 Abhinav : Sure
13:49 Rajiv Ohri : Loan mortgage case has been dismissed?
13:52 Himanshu : Is rolling over ..
13:52 Gopi : sc disposes
13:52 Himanshu : RBI asked banks to implenet
13:53 Himanshu : implement* – interest on interest waiver decision of govt
13:53 Himanshu : and submit report of CNs issued to RBI for compensation,
13:53 Himanshu : based on which – mostly matter is settled ..
13:55 Rajiv Ohri : Shai premium eating time now? LOng weekend
14:07 Shai : yes
14:09 Prashant : Shai, in the 30 min bars in gotomeeting, a lot of bars have numbers on one side only. What is that?
14:10 Prashant : Got it. was reading wrong
14:12 Shai : TPO p[rofilen Vol profile
14:13 Shai : No trend again in the market
14:13 Shai : early longs from 13010 and early shorts from 13060 carried the day
14:15 K2dt : chief should we also take a break from ID trading from 15th till 25th?
14:16 Shai : This on track- (13:11) Shai : mostly looking at 13030 expiry for now(13:11) Shai : 2 housr to go(13:11) Shai : fri close I meant*
14:21 Uttam : another swipe higher to dVAH
14:23 Viswas : hearing just started. kya aj bhi tarikh milegi
14:26 Shai : 13072
14:31 Bhuvan : 223.25 going good shai
14:34 Bhuvan : shai can 12750pe and 13250ce be sold positional?
14:36 Uttam : anyone for a Friday spike 😉
14:36 Sumeet : bring it on uttam… bit of a boring day
14:38 Arjun : PLR is up ?
14:41 MJ : Yest we moved just before 1505
14:45 MJ : jebaat!
14:46 Himanshu : 90K -ve cot in – BNF
14:46 Aditya09 : 45degree?
14:47 MJ : Possible Adi
14:49 Shai : 111/ 120 tgts in 13000 ce
14:49 Uttam : those greens in that dip confirmed close bac at 13030
14:50 Uttam : in that 13000ce at 88 / 96
14:51 Aditya09 : 13050 ce 71-86
14:51 Shai : Awesome – (14:46) Aditya09 : 45degree?
14:51 Shai : very nice to see
14:51 Shai : +1- (14:47) MJ : Possible Adi
14:51 Aditya09 : thnks shai
14:51 MJ : Nice read adi.
14:52 Uttam : +100
14:52 MJ : Thanks bossman.
14:52 MJ : /\
14:52 Shai : best 45 you can ever see
14:52 MJ : 2dt
14:52 MJ : wala 45
14:53 Shai : 104 trailing- (14:49) Shai : 111/ 120 tgts in 13000 ce
14:54 Amit Jain : yehh +mj 988 to 026 wala 45 🙂
14:54 Shai : we now have evidence of strong buyers at ext handle of yesterday
14:54 Uttam : all out at 117.6
14:55 Shai : shoukd tag scene of crime at 13130 as first look next week
14:55 Uttam : (14:50) Uttam : in that 13000ce at 88 / 96
14:57 Shai : 119.45 it did
14:57 Uttam : that 14:45 bar has the highest volumes of the day
14:57 Shai : close now
14:57 Uttam : can NF confirm a FA 😉
14:58 MJ : dpoc close looks like both
14:58 Uttam : no positions though
14:58 Viswas : +1 Mj not traded from 1st half, rollercoaster day.
14:59 Uttam : that combo of 13k comes below 220
14:59 Bhuvan : closed the combo@222.75….thanks shai
14:59 Shai : shoukd rop 7 ppoints to 213 in 15 mins
14:59 MJ : Sometimes no trade is also a great trade.
15:00 Shai : drop*
15:00 Uttam : awesome Shai 🙂
15:00 Bhuvan : my bad
15:00 MJ : I was into that sell combo by shai. And then 1440 trade 🙂
15:00 Viswas : thanx to vt, of. 1 day added to patience
15:01 Shai : sell combo was always on for 216
15:01 Shai : it hit 217
15:01 Bhuvan : these green range for tomorrow has helped me a lot as a postional option seller
15:02 Shai : This is step 2 of Stedilmayer – that is why sellers get help
15:02 Shai : when that range breaks we will get a trend up or down
15:02 Shai : you shoukd buy the ATM calls and puts then and be buyers of a trend
15:03 Shai : In the next webinar, next thurs I will tell you how to extract more juice out of these levels
15:03 Rajan Modi : Shai; what is the range? tht we should look for?
15:03 Shai : 12900- 13140 for mon
15:03 Bhuvan : thanks shai for the help , really making a difference to the account
15:04 Rajan Modi : thanks
15:04 Ganesh : monday holiday
15:04 Gopi : hdfc bk on fire?
15:04 Shai : but risk is higher by 2X for a) weekend news and b) mon holiday when others work
15:04 Shai : Cheers
15:04 Rajiv Ohri : Sahi ATM monthly ATM call and puts? and NF buy or sell depending on the trend?
15:05 Bhuvan : shia any positional sell position ?
15:05 Shai : 216.2 lows
15:05 Rohit : NF crazy premium over spot
15:06 Bhuvan : 215.4
15:08 Gopi : all banks turned to positive, kotak recoverd almost 2 percent
15:08 Gopi : shai can expect 30900 next week?
15:08 Uttam : VAH close at least in both 🙂
15:13 Shai : we take fresh view on tues- (15:08) Gopi : shai can expect 30900 next week?
15:13 Shai : for now SL is deep at 28400 for that tgt and new positions
15:13 Shai : And most peoplle haven’t rolled
15:18 Uma : Ok guys Thanks Everyone!have a great extened weekend!
15:18 Rajesh G : shai can we use that green band for selling options for overnight
15:19 Rajesh G : specially strangle
15:21 Shai : no
15:21 Rajesh G : ok
15:21 Shai : selling optiosn is high risk
15:21 Shai : don’t do it blind
15:21 Bhuvan : shai sols 12700 pe n 13250ce positional
15:21 Bhuvan : sold
15:22 Uttam : 212 here in that combo Shai
15:22 MJ : Bhuvan, Do you use the mplite combo for strangles?
15:22 Rajesh G : i use
15:22 MJ : it is a nifty tool to monitor poc for the combo you use.
15:22 Bhuvan : no i dont use it MJ
15:22 MJ : rules of mp if you apply with those profile charts, gives good setups.
15:23 MJ : @rajesh nice to know.
15:23 Rajesh G : thanks MJ
15:24 Shai : Hope everyone had a good session
15:24 MJ : @bhuvan So you can add 12700 pe + 13250 ce combo and monitor that link.
15:24 Shai : have a good restful break
15:24 MJ : Yes chief!
15:24 MJ : See you on tuesday.
15:24 Bhuvan : yes shai
15:24 Shai : And spend time in the Library to sharpen the axe
15:24 Shai : we will see you on tuesday early
15:24 Shai : tc .,Stay safe
15:25 Bhuvan : 13000 combo now 212 , my bad
15:25 Aditya09 : thank shai and team vt hav a lovely weekend
15:26 Uttam : all longs booking into the close
15:26 Rusi : thanks shai and all . happy long weekend.
15:26 Uttam : long weekend effect
15:28 Uttam : thanks All 🙂 and have a lovely long weekend