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 (Jul Fut)
NF (Aug) Fut)
BNF (Jul Fut)
BNF (Aug Fut)
Room Chat
08:54 Himanshu : GM all
08:55 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/647140149
08:57 Vtrender Live : 5 min charts of NF- https://join.me/496-863-177
08:58 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647757118?pwd=czdxcVdrZ2MvbkhpUUpFenBJK3dDZz09
09:01 Shai : Gm all
09:01 Manikandan : gm all
09:01 Rohan : GM All
09:02 Shashidhar : Good Morning All
09:02 NeerajS : good morning
09:02 Ravi : gm all
09:02 Bommareddy : Good Day to All
09:03 Shivakumar : Happy Morning to everyone
09:04 Shai : Yesterday was a b shaped profile in the composite balance we already know of where the market has been in
09:04 Shai : NF continues to operate this balance
09:04 Shai : ref line for the open is at 11130 today
09:05 Shai : we wait on the quality of the boucne as mentioned in the closing comments of yesterday
09:05 Shai : yesterday’s charts and notes- https://vtrender.com/order-flow-charts-dated-27th-july-2020/
09:06 Shai : https://vtrender.com/order-flow-charts-dated-27th-july-2020-5-mins/
09:08 Uttam : Good Morning All 🙂
09:08 Vyom : gm all
09:10 Nirmal : gm all
09:11 Irfan null : gm
09:11 Aditya09 : gm all
09:15 Chandrashekhar : GM all
09:15 Tejpreet : GM All
09:15 Neeraj : GM all
09:17 Chandrashekhar : NF…OAIR
09:18 Chandrashekhar : speedo is quite silent today so far
09:21 Shai : 11185 early open ref
09:21 Shai : we will buy abv it
09:21 Shai : 22100 ref in BNF
09:21 Shai : expect sc if crossed
09:23 RajeshN : yday range of 22165 is crucial
09:24 RajeshN : where the max dump came is it right?
09:24 Ankush Jain : 11185 is yesterday’s sellers?
09:26 Irfan null : should we go in
09:26 Uttam : 42k red
09:26 Uttam : biggest of the day so far
09:26 Uttam : 49k
09:26 Ankush Jain : yes
09:27 Ankush Jain : UTtam these reds are difficult to read on screen
09:27 Rahul : Shai can u increase the font size
09:27 Uttam : BNF stalling at yPOC
09:28 Uttam : the font size keeps chaging because of the range so check in joinme or zoom when you face such issues
09:29 Ankush Jain : better now
09:31 Rahul : Thanks UG
09:31 Shai : Intra – Buy NF abv 11191 sl of 11169 tgt 11215/ 11257
09:32 Uttam : BNF got a red stuck at 21996
09:35 Rajesh G : shai this trade due to singles of yesterday
09:36 Shai : singlles of yesterday are insignificant
09:36 Jitender : nf bumped up coz of ril
09:36 Shai : in NF that is
09:36 Shai : 🙂 – same storyt 4 months niow – (09:36) Jitender : nf bumped up coz of ril
09:36 Jitender : yh
09:37 Chandrashekhar : @Shai..singles of yesterday insignificant..because of 0’s in it?
09:37 Uttam : BNF stuck red at lows & now stuck green at hgihs
09:37 Uttam : 22090-21996
09:37 Uttam : os at highs in NF
09:37 Uttam : lets see if they remain by end of bar
09:38 Ankush Jain : )s appera quite frequently these days
09:38 Ankush Jain : 0s
09:38 Shai : Book out the NF trade at cmp
09:38 Ankush Jain : due to 0s?
09:38 Shai : we won’t go against tjose singles
09:39 Shai : if holding 11169 sl
09:39 Uttam : BNF needs to get above 22100
09:39 Shai : within a ballance and extension was not done- (09:37) Chandrashekhar : @Shai..singles of yesterday insignificant..because of 0’s in it?
09:39 Uttam : 5-day composite chart of NF – https://mplite.vtrender.com/?symbol=NIFTY_E30-07-2020&tf=daily&tpo=2&ll=&ul=&sp=1&startDate=06-07-2020&endDate=&nDays=0&idstr=&dstr=10.1.5&rst=0&iam=
09:40 Chandrashekhar : Thanks Shai
09:40 Shai : could have held that long trade
09:40 Shai : but we don’t mess with 0’s and red cot
09:41 Ankush Jain : 🙂
09:41 Aditya09 : ok
09:41 Shai : besides BNF not taken out 22100 also
09:41 Uttam : yes OAIR in both
09:41 Shai : (09:21) Shai : 22100 ref in BNF
09:42 Uttam : +1
09:42 Boppanna : +1 A smoother trade awaits if 22100 goes
09:45 KK : 72 K red
09:45 KK : NF
09:46 Jitender : bnf 22067-958 DT done
09:46 Jitender : OF trade
09:46 Jitender : 16900 u beauty
09:46 Boppanna : +1 Jit
09:46 Chandrashekhar : +1 Jit
09:46 Prashant : yes, tat 16900 was good
09:47 Jitender : n was shown exhaustion a
09:48 Govind : Congo Jit
09:49 Tejpreet : +1 Jit
09:49 Shai : Intra – short NF below 11166 now sl of 11189 tgt 11130
09:49 Jitender : tx guys
09:49 Jitender : remember 22050 / 21840/21540
09:50 Shai : +1
09:50 Chintan : +1 Jit Bro.
09:50 Jitender : n 21750 wich Shai has marked
09:51 Shai : NF in
09:51 Jitender : pls see OF around (09:50) Jitender : n 21750 wich Shai has marked
09:51 Shai : (09:40) Shai : but we don’t mess with 0’s and red cot
09:51 Jitender : +1
09:51 Chandrashekhar : +1 Shai
09:51 Jitender : tx chief n everyone
09:52 K2dt : gr8 trade Jit
09:52 Jitender : tx K
09:52 Ketan : +1 shai
09:52 Ketan : +1 jit good one
09:53 Shai : move sl to 11195- (09:49) Shai : Intra – short NF below 11166 now sl of 11189 tgt 11130
09:54 Jitender : tx Ketan
09:55 Sylvester : +1 Jit what was youe SL for the trade
09:55 Uttam : the top stuck green was rejection in BNF above yPOC – (09:37) Uttam : BNF stuck red at lows & now stuck green at hgihs(09:37) Uttam : 22090-21996
09:56 Jitender : Sylvester …22110
09:56 Uttam : congo Jit +1
09:56 Jitender : see rge action at 22104 yday
09:56 Jitender : *the
09:56 Jitender : tx UG
09:59 Jitender : https://vtrender.slack.com/archives/C0F327PUZ/p1595860199002200
10:00 Jitender : (09:51) Jitender : pls see OF around (09:50) Jitender : n 21750 wich Shai has marked
10:00 Jitender : fr bnf guys
10:00 Rahul : yes JIT BNF hanging around Shai levels
10:07 Rahul : gooo now
10:08 Ankush Jain : pink vertical lines in goto charts at wrong place?
10:08 Ankush Jain : its at 9:50 bar
10:08 Shai : it will show on right of bar
10:08 Ankush Jain : ok
10:09 Shai : right of 09.45 bar
10:09 Ankush Jain : got it
10:09 Shai : chalo NF- let’s go
10:09 Rahul : yepp
10:09 Ankush Jain : yes
10:09 Kaustubh : yeah
10:10 Uttam : 21723 done in BNF 🙂
10:10 Tejpreet : Daily wages in , tks to bn.
10:10 Uttam : 21718 low so far
10:11 Maxis : Cheif, i believe showing the vertical line to the left of the bar will be more appropricate.
10:11 Uttam : smooth auction in BNF since morning – a) BNF needs to sustain above 21885 for a rise to 21942-990 / 22045-080
10:11 Kaustubh : what does that pink vertical line represent?
10:11 Uttam : b) The auction accepting below 21840 could test 21760-723 / 21645-600
10:12 Maxis : end / begin of 1/2 hr period
10:12 Uttam : rejection at yPOC got that weekly VPOC
10:12 Uttam : 22050 break in spot was crucial yesterday
10:13 Rajiv Ohri : Half back supporting NF?
10:13 Uttam : yVAH too
10:13 Shai : will not cover the profile we know- 6 bars needed
10:13 Uttam : that goes we are on for 80%
10:13 Ankush Jain : Shai agaiNF failed to cross 11166 zone yesterday
10:13 Uttam : BNF for 21600?
10:13 Tejpreet : aaney do
10:13 Uttam : staying below 11169 NF remaisn weak
10:13 Shai : BNf gone through 21750\
10:14 Uttam : rejection at prominent POCs are awesome
10:14 Fenil : yes..straight through..such is the selling
10:14 Fenil : nifty is staying up like plastic in the ocean
10:14 Ankush Jain : NF trying to break the yesterday’s resistance area
10:15 Uttam : BNF has a C side
10:16 Uttam : 21740 is the IS POC
10:16 Kaustubh : hi shai what do you mean by we need 6 bars?
10:16 Uttam : ref now on upside
10:16 Kaustubh : sorry for multiple questions
10:17 Jitender : (14:32) Jitender : below 840…bnf gets into 540-840 range
10:17 Jitender : bingo
10:17 Rahul : charts
10:18 Uttam : charts are fine Rahul
10:18 Uttam : trifecta of greens in BNFin a C side
10:18 Uttam : can they get VWAP?
10:18 Rahul : sorted, may netwrok issue at my end.
10:19 Uttam : first tgt would be PDL
10:19 Uttam : 21818
10:21 Avinash : Shai the vol on 1015 candle is different from the terminal by 50%
10:25 Uttam : stalling here – (10:16) Uttam : 21740 is the IS POC(10:16) Uttam : ref now on upside
10:26 Vishnu : so next level for bnf shai?
10:27 Prashant : What is IS POC?
10:27 Uttam : Point of Control
10:27 Prashant : IS?
10:27 Uttam : Initiative selling
10:28 Prashant : I understand IS and POC but what is IS POC 21740 that you refer to?
10:28 Uttam : check the POC in that IS bar in BNF
10:28 Sanjib : NF VWAP rejection
10:29 Uttam : +1 Sanjib
10:29 Uttam : now take it below 11150
10:29 Prashant : 21760
10:29 Uttam : yes that would be imp ref now
10:30 Uttam : NF to begin its move lower now?
10:31 Uttam : BNF back at IBL
10:31 Jitender : tis hypo over now Uttam (10:18) Uttam : can they get VWAP?(10:19) Uttam : first tgt would be PDL
10:31 Uttam : yes Jit IS POC of 21740-760 stalled that rise from C side
10:32 Jitender : k
10:32 Uttam : neat 120-130 points
10:32 Uttam : that trifecta gave
10:32 Uttam : C side good trade set up it was
10:32 Uttam : (10:25) Uttam : stalling here – (10:16) Uttam : 21740 is the IS POC(10:16) Uttam : ref now on upside
10:33 Uttam : both waiting for D to start looks like
10:34 Rajan : Uttam – We have entered 5-day composite value area in NF…80% rule to appply??
10:34 Uttam : looks like BNF wants to get dPOC lower here at 21725
10:34 Uttam : yes Rajan so far staying below that composite VAH and NF has been in a balance
10:34 Uttam : BNF has been tredning lower
10:35 Rajan : Thanks Uttam
10:35 Uttam : 🙂 +1
10:36 Jitender : can bnf do 840 ….
10:37 Uttam : if 21740-760 takeb out then on for VWAP – BNF
10:37 Uttam : lets see what D gives
10:44 Uttam : BNf has a probable FA at lows
10:44 Uttam : has been staying above IBL
10:45 Uttam : dPOC shifting lower will give more confirmation of downside done for now
10:45 Kaustubh : NF near DPOC and VWAP
10:46 Uttam : NF has A period singles at both ends
10:46 Uttam : needs to make up its mind
10:46 Uttam : has bveen coiling
10:47 Kaustubh : thanks UG
10:47 RajeshN : modi to meet bankers tmrw
10:47 Uttam : 🙂 _/\_
10:48 Kaustubh : shai we hold till 11185 not taken out in NF
10:49 Sanjib : SL is 11195 Kaustubh
10:50 Kaustubh : ohk thanks sanjib
10:52 Maxis : -ve cot coming into NF
10:52 Kaustubh : 40k red at vwap
10:56 Uttam : greens in BNF at 21740
10:58 Uttam : done – (10:34) Uttam : looks like BNF wants to get dPOC lower here at 21725
10:59 Prashant : What line/no. is showing dPOC at 21725…can’t figure out
11:00 Uttam : boom boom
11:01 Himanshu : Boom –
11:01 Himanshu : Chief – Your awesome level
11:01 Himanshu : 21740
11:02 Rajiv Ohri : Are NF shorts being held or out
11:02 Sumeet : bnf vwap coming ?
11:05 Shai : Market has gone quiet
11:05 Shai : open auction
11:06 Shai : disc changed
11:06 Shai : 6 up now
11:06 Shai : was -20
11:06 Shai : If in NF shorts hold at 11193
11:08 Shai : -6 prem now NF
11:08 Shai : keep a watch on orders in system
11:09 Shai : theya re coming for sl’s
11:09 Uttam : 21500ce from 453-492 50% out
11:10 Uttam : PDH here in BNF
11:11 RajeshN : 22600?
11:11 Uttam : (10:37) Uttam : if 21740-760 takeb out then on for VWAP – BNF(10:44) Uttam : BNf has a probable FA at lows(10:44) Uttam : has been staying above IBL(10:45) Uttam : dPOC shifting lower will give more confirmation of downside done for now
11:12 Shai : This test of 11170 im now
11:12 Shai : if it does not break, then sellers may have an issue in afternoon
11:12 Sanjib : D is HH HL so far #NF
11:13 Shai : A went to 11205
11:13 Shai : B,C, D all inside
11:13 Uttam : yes NF has been coiling
11:19 Uttam : rest our at 505.5 – (11:09) Uttam : 21500ce from 453-492 50% out
11:20 Uttam : wanted 528 but taking time
11:20 Uttam : so taking money off the table 🙂
11:21 Sanjib : BNF has higher volumes in last two 5 min bars!
11:21 Boppanna : COngts Uttam
11:21 Uttam : 1 ATR from 21630 comes to 22201 if the FA gets ocnfirmed
11:21 Uttam : thanks Bops 🙂
11:22 Uttam : there it comes – (11:20) Uttam : wanted 528 but taking time
11:22 Shai : NF make exits in the trade at cmp
11:22 Uttam : 21885
11:23 Shai : don’t be short now
11:23 Uttam : 528.95 high in that 21500ce
11:24 Kaustubh : charts not refreshing
11:24 Uttam : fresh leg if stay aove it
11:24 Uttam : charts are fine
11:24 Himanshu : Out
11:24 Prashant : chart stuck
11:24 Ankush Jain : yes
11:25 Himanshu : 21700 PE – 300- 215
11:27 Uttam : made a high of 530 and down to 470 in a flash which is why important to keep booking out in options – (11:20) Uttam : wanted 528 but taking time
11:27 Himanshu : Congi – Ug
11:27 Uttam : _/\_
11:27 Himanshu : BNF – has to lift NF today
11:28 Himanshu : or we are here, till some selling in ICICIB and HDFC B is Overdone
11:29 Himanshu : ICICIB – 338 support below 325 -Rukne ka naam hi nahi leta yeh
11:33 Maxis : 30 mins NF chart, the candle is very slow in response.
11:37 Shai : It’s 30 mins no? it will not tick like a tick chart
11:38 Maxis : ok Chief. Noted.
11:38 Shai : This move in NF back abv vwap is baffling
11:38 Rajiv Ohri : is there a cabinet meeting today
11:39 Kaustubh : major distribution has formed around 11130 for past 4-5 days
11:39 Kaustubh : what could be the reason shai for the move
11:49 Uttam : boom boom?
11:49 Uttam : 1.4L red in NF
11:49 Uttam : crazy
11:50 Jitender : its related to the PM news meeting fr banking n msme induatry 2mrw (11:38) Shai : This move in NF back abv vwap is baffling
11:50 Ankush Jain : & 0s
11:50 Shai : half of that volume is rolls
11:50 Shai : other half is stops
11:51 Uttam : rolls on green side Shai?
11:51 Shai : ok- (11:50) Jitender : its related to the PM news meeting fr banking n msme induatry 2mrw (11:38) Shai : This move in NF back abv vwap is baffling
11:53 Shai : yes small greens
11:54 Uttam : thanks Shai
11:54 Shai : even yesterday we saw similar rolls
11:54 Himanshu : Exited 21500 PE –
11:54 Uttam : yes there was good addition in Aug OI
11:54 Ankush Jain : we seeing at RE in NF?
11:55 Himanshu : Jit- UG – This NF red me exit 21500 PE
11:55 Himanshu : to avoid one swipe down
11:55 Himanshu : Namo Effect –
11:55 Himanshu : If it was NS conference – we could have slided smmooth
11:56 Shai : what is expected Himanshu?
11:56 Shai : PM will have to tell banks to increase mortaorium no?
11:56 Himanshu : Mostly – #
11:57 Himanshu : Banks have parked 6Lk crores with RBI at 3.35%
11:57 Vyom : unlikely anything positive wud come out for banks. moratorium extention wud be bad only
11:57 Shai : yes
11:57 Himanshu : So all liquidity windows given by RBI
11:57 Shai : they cannot do anything
11:57 Himanshu : is where – PM is expected to pinch PSU banks hard,
11:57 Shai : risk of default is higher
11:57 Kaustubh : banks want to be risk averse
11:58 Himanshu : All wants to be risk averse –
11:58 Himanshu : Then we are back to Hindu Rate of Growth 1.5 %
11:58 Shai : if it was you money, would you lend now? in this environment. Why expect banks to do anything else?
11:58 Vyom : and if government tries to push some new scheme through banks then it cud open more risk for banks
11:58 Himanshu : Well this is lengthy discussion –
11:59 Vyom : correct. banks already know npas wud rise and hence dont want to take any more risk
11:59 Shai : 11185 suppott here
11:59 Himanshu : But all I know is Business of Banking is to lend and Borrow
11:59 Shai : 11215 supply
11:59 Shai : prev
11:59 Ankush Jain : so we go long abv 11215?
11:59 Shai : shotrts here at 11202 will have 11217 sl and tgt of 11185/ 11170
11:59 Himanshu : If Muthot Finance can take away gold loans under nose of Banks –
12:00 Himanshu : What thsi assholes are doing BTW
12:00 Himanshu : Shadow banking – NBFCs have grown leaps and bounds – so there is questionable inefficincy in banking system
12:01 Himanshu : 120, 000 Cr worth Gold loan is under the belt of NBFCs
12:01 Vyom : but gold loan business is something very specialised where banks have never been able to penetrate and succeed.
12:01 Himanshu : and BABUS are drinking tea, if Manager comes out of his cabin and attend customers – scenario will change
12:01 Himanshu : Why#
12:01 Himanshu : So you ahve account with SBI
12:01 Vyom : yes its a lengthy discussion. but even private banks have not been able to take hold in gold finance business let alone psbs
12:01 Himanshu : Jan Dhan and all
12:02 Himanshu : and you go to private lender – to deposit youe gold from – Your own Locker –
12:02 Himanshu : Not acceptable –
12:02 Himanshu : private banks are still doing
12:02 Himanshu : let me tell you
12:02 Sachith : Shai … 24k buyer at 21910 in bnf… is it stuck longs? how to decipher it?
12:03 Himanshu : no of branches of PVT and PSU is 10 times
12:03 Himanshu : branches of Private gold lender#
12:03 Himanshu : IsSUE is that guy is on target to make his branch profitable
12:03 Himanshu : cause its it bread and butter
12:04 Himanshu : My bro on law – is senior banker – they are getting slaps on every mettung
12:04 Himanshu : Which other tryst worthy bank we have then SBI
12:04 Himanshu : He is with SBI
12:04 Himanshu : issue is Pension is also ensured after retirement talk less of Job Security
12:05 Himanshu : they all got 15 % increment in IBA settlement with Banks
12:05 Himanshu : in this negative – growth environment
12:05 Himanshu : back dated from 2017 Nov
12:06 Himanshu : CHief sent us – Ray Dalios – artcile of capital flow and impact on economy
12:06 Himanshu : I read that thru – that was earlier this year
12:07 Himanshu : – The most important aspect apart from additional capital allocation by govt is
12:07 Himanshu : Efficiency of Capital Managememt – only that can bring second leg of growth and sustainable
12:08 Govind : HImanshu, you should become a policy maker bro 🙂
12:08 Uttam : he is already with LIC Gov 😉
12:09 Govind : Not enough UG, he needs to go the power corridros of Dilli
12:09 Govind : corridors*
12:09 Uttam : see he called yet again for this latest boom boom in NF
12:09 Bhushan : sl hit in NF
12:09 Govind : RIL made an IBH extension
12:09 Uttam : BNF on for 21940 looks like
12:09 Uttam : 11260?
12:09 Uttam : what was that
12:09 Kaustubh : 260?
12:10 Ankush Jain : yes
12:10 Uttam : done in a flash – (12:09) Uttam : BNF on for 21940 looks like
12:10 Kaustubh : exit in NF
12:10 Shai : exit NF
12:10 Himanshu : BNF spot entered in yestrdays Range
12:10 Shai : can do 11257 again
12:10 Irfan : stopped
12:11 Himanshu : let see- how much they fear meeting,,
12:11 Shai : hiow are traders uppossed to trade with such biad- ask?
12:11 Uttam : BNF as yVAL
12:11 Rahul : yep
12:11 Uttam : at*
12:11 Uttam : yet to make an RE
12:11 Shai : 11259 has 5 lots
12:11 Arjun : volume is high in NIF but speedo not that fast
12:11 Uttam : poor chap one of the guys
12:11 Kaustubh : 2.8l -COT
12:12 Shai : o’s
12:12 Shai : ignore COT
12:12 Uttam : can BNF confirm the FA?
12:12 Irfan : in NF not able to see bid ask spread
12:14 Shai : 11215 is rollover
12:14 Uttam : BNF on for 21990 then can attmept that RE higher
12:14 Himanshu : UG bring – 22050
12:15 Shai : lots of rolls happening here
12:15 Uttam : (11:21) Uttam : 1 ATR from 21630 comes to 22201 if the FA gets ocnfirmed
12:15 Shai : new guys watching COT in July, keep an eye on COT of Aug
12:15 Uttam : @Himanshu that prev msg was for you
12:15 Shai : rolls are no bias trades
12:15 Uttam : yes expiry week be wary of the COT
12:15 Uttam : as rolls will be in full play and this time have started early
12:16 Uttam : done 585 above 530 – (11:23) Uttam : 528.95 high in that 21500ce(11:24) Uttam : fresh leg if stay aove it
12:18 Sanjib : Bid ask spread in INDUSINDBK (Results due today afternoon) is 7 Rupees!
12:19 Uttam : wow
12:19 Vishnu : +1 UG
12:19 Kaustubh : how to check aug COT
12:20 Kaustubh : is there a chart for Aug?
12:20 Sanjib : in the 30 min pane in this room
12:20 Sanjib : Extreme right
12:21 Kaustubh : 3900?
12:21 Shai : tghat entire bar 11205- 11257 was illiquid
12:21 Sanjib : Ignore COT, as it’s a 30 min chart
12:22 Shai : expect to stay here fo some time
12:22 Maxis : 30 mins charts is august contract?
12:22 Sanjib : Yes
12:22 Kaustubh : is there a link for that?
12:22 Sanjib : No
12:22 Himanshu : Thx UG
12:22 Himanshu : have no positon for now
12:23 Himanshu : except positional 21500 PE Aug – Sell with Hedge of 21K Weekly NW
12:27 Maxis : Yes, confirmed the HL, it’s 30 mins charts fo august series.
12:29 Shai : 30 min charts in room are always next series in expiry week
12:29 Shai : current month is at the 30 min link in A tab
12:31 Kaustubh : ohk
12:31 Maxis : OK Chief. Noted. It was not as explicitly mentioned as is now.
12:35 Govind : let’s keep it above dvah Uttam
12:40 Sanjib : 21800 CE 394 to 420 done
12:42 Govind : Congo Sanjib
12:43 Sanjib : Thanks Gov…
12:44 Maxis : what is “POC Wt” is the zoom charts?
12:46 Govind : shows you who was dominant at the POC
12:47 Tejpreet : Bops confirm FA in H for bn ?
12:48 Maxis : so how is that different from COT?
12:48 Govind : it just focusses on the POC volumes, look at the two numbers at the bar POC and then look at the POC wt, you will the difference
12:48 Govind : see*
12:50 Maxis : OK. Figured. TY Govind.
12:50 Kaustubh : thanks gov clear now
12:51 Govind : Cheers guys
12:51 Boppanna : expecting some fireworks in the 22100 zone Tej
12:52 Tejpreet : yes let’s get that FA done 😉
12:52 Boppanna : so no positions taken
12:52 Maxis : that RB in BNF at 12:05, was that a clue? IB in an earlier bar and RB at vwap and reject?
12:53 Tejpreet : i have 27 aug 22k ce part booked 940 rest 870 sl in sytem
12:55 Jitender : congo Tej
12:57 Boppanna : +1 Tej
12:59 Tejpreet : tks guys
13:00 Avinash : +1 Tej
13:01 Govind : Jit, 22050 still active
13:02 Jitender : ys
13:02 Govind : 100 points down from there
13:03 Tejpreet : this is seeting up nicely for an explosive monthly expiry
13:03 Jitender : 22200+ abv 22050
13:04 Govind : +1
13:04 Tejpreet : Jit let’s see what 1 atr tgt is given by Uttam 🙂
13:04 Jitender : 880-850 zone below ….
13:05 Jitender : k Tej
13:05 Jitender : hdfc hs 2 b abv 1082 fr ny move
13:05 Jitender : bnk
13:06 Tejpreet : +1 I had 1086
13:08 Maxis : 50 premium in BNF now. How to read that?
13:10 Himanshu : Chief – now that celing is broken – will we move above 11250 in current week ?
13:12 Maxis : 000 in middle in NF, range 11244 – 11247
13:13 Jitender : shorts cvrn Maxis
13:13 Jitender : bnf
13:14 Maxis : OK noted.
13:14 Swapnil : Gold, Silver dipping after the rallly
13:34 Aditya09 : check
13:38 Jitender : now cnbc playn the PM meetn morrow
13:39 Tejpreet : matlab tighten TSL 😉
13:39 Jitender : 🙂
13:39 Boppanna : thx Jit for the updates
13:40 Jitender : wc
13:44 Govind : VIx back at 24
13:53 Kaustubh : if NF holds this level can we expect a up move?
13:54 Kaustubh : IB folllowed by RB
13:54 Rahul : RB at PWH
13:54 Himanshu : PWH – taking support – NF ?
13:54 Himanshu : UG – your view
13:54 Rahul : seems like
13:55 Kaustubh : PWH?
13:55 Himanshu : PWH – 11228 – Previous Week High
13:55 Himanshu : Check Join Me 5 Mt
13:55 Kaustubh : thanks himanshu
14:03 Tejpreet : 48K at 22050
14:05 Himanshu : – Tej – Bopp – Jit guys you are driving BNF crazy
14:05 Himanshu : good one –
14:05 Uttam : BNF confirmed the FA?
14:05 Himanshu : Above 22122 – carnage
14:05 Uttam : C side rocks right 🙂
14:06 Himanshu : C made ‘ C’ya’ of CE sellers –
14:06 Vishnu : 2 DT NOW
14:07 Himanshu : Vishnu Maharaj ki jai
14:07 Avinash : +1 Vishnu
14:07 Tejpreet : atr Uttam for bn
14:07 Tejpreet : +1 Vishnu
14:07 Uttam : congo guys
14:07 Vishnu : 22240 near first atr tp
14:08 Tejpreet : tks
14:08 Ashok B R : +Vishnu
14:08 Uttam : 22201
14:08 Uttam : 1atr
14:08 Uttam : (12:15) Uttam : (11:21) Uttam : 1 ATR from 21630 comes to 22201 if the FA gets ocnfirmed
14:09 Tejpreet : +1
14:10 Govind : +1 Uttam
14:12 Vishnu : +1 ug
14:12 Uttam : NF forming a DD
14:12 Himanshu : UG – WHen can we say – FA is confirmed
14:12 Himanshu : is closing above VAH etc
14:13 Maxis : when price breaks the other side of IB.
14:13 Maxis : Hope i am right.
14:13 Himanshu : UG ? pls
14:14 Uttam : yes break of the other side of IB confirms the FA
14:14 Himanshu : In this case we have broken in I
14:14 Himanshu : and sustaining above – so we can say its confirmed ?
14:14 Uttam : EOD close will give more confirmation
14:14 Uttam : yes
14:14 Himanshu : HMM –
14:15 Uttam : 0s at 22000 sup now in BNF
14:15 Himanshu : Thx –
14:15 Uttam : onwards & upwards 🙂
14:15 Uttam : 11280 imp ref in NF
14:16 Uttam : a) NF needs to sustain above 11123 for a rise to 11158-169 / 11195-201 / 11225 & 11268-280
14:16 Himanshu : Ok – Lunch Time is over at LIC –
14:16 Himanshu : Let me call them – they should pick up
14:17 Uttam : c) Above 11280, NF can probe higher to 11301-317 / 11350 / 11380-400 & 11442
14:17 Shai : Intra – Buy NF abv11278 sl of 11252 tgt 11320/ 11335 for close
14:18 Uttam : so Shai giving a Triple Distribution in NF 🙂
14:18 Shai : This getting done now- (12:21) Shai : tghat entire bar 11205- 11257 was illiquid(12:22) Shai : expect to stay here fo some time
14:18 Shai : we trade the break away for close
14:18 Uttam : lets have an ext handle at 11280
14:18 Himanshu : Je Baat
14:18 Shai : 11217 now a supp
14:18 Tejpreet : Guys take bn also along with you 🙂
14:19 Uttam : BNF can lead Tej 🙂
14:19 Tejpreet : let’s see not even 1.5 ib 🙁
14:19 Uttam : 400 point ka IB hai lets get that 22175 out of way
14:20 Shai : 11300 ce writers go under water abv 57
14:20 Uttam : Shai’s 22620 can come in it again
14:20 Tejpreet : that’s what i want
14:26 Uttam : Nifty spot is finally getting accepted above 11225
14:26 Uttam : 11290 is the VPOC in spot of that 4-day compoite in Mar
14:26 Uttam : and 11388 is the VAH
14:26 Uttam : BNFffff
14:27 Uttam : (14:19) Uttam : 400 point ka IB hai lets get that 22175 out of way
14:27 Uttam : 22170
14:27 Uttam : boom boom
14:27 Shai : BNf released
14:28 Uttam : 22201 done dona done
14:28 Jitender : touchdwn (13:03) Jitender : 22200+ abv 22050
14:28 Boppanna : Claps Uttam + Jit
14:29 Uttam : _/\_
14:29 Govind : Congo Uttam
14:29 Shai : +1
14:30 Shai : let it fly
14:30 Sanjib : +1 UG
14:30 Vishnu : CONGO UG
14:30 Shai : 22600 is good
14:30 Vishnu : sorry for caps
14:30 Jitender : tx B
14:30 Vishnu : jit +1
14:30 Avinash : +1 Jit
14:30 Swapnil : Silver gold, nice dip and recovering slowlt
14:30 Uttam : thanks guys 🙂 _/\_
14:31 Jitender : tx guys
14:31 Uttam : 22322 next in BNF
14:31 Uttam : @Tej told you BNF could lead
14:32 Shai : in at 165 in 22500 ce
14:32 Anuj null : grwat work
14:32 Shai : looking at 22600
14:32 Uttam : beast mode on in BNF
14:32 Uttam : 62-69 in 11300ce Shai
14:33 Srinath Vasudevan : @shai does this change the slightly directional view on Nifty(on revisit of the 10800 zone)?
14:33 Shai : this is a settlement move
14:33 Himanshu : 155- 107 21800 PE – Out
14:34 Govind : Got 252 points in BNF options today guys
14:34 Himanshu : WHat a drive – Chief, to be on right side of bias
14:34 Shai : 66- (14:20) Shai : 11300 ce writers go under water abv 57
14:34 Uttam : awesome Gov +100
14:34 Himanshu : is blessings from VT
14:34 Govind : THanks UG
14:34 Sanjib : Great Gov
14:34 Tejpreet : uttam just moved tsl on that 22k ce to 1030 820 odd was entry
14:34 Govind : Thanks Sanjib C
14:34 Himanshu : Govind Bolo hari Gopal bolo
14:34 Tejpreet : +1 Govind i got 300 🙂
14:34 Shai : Congrats Gov
14:34 Himanshu : Congrats
14:34 Uttam : lovely Tej 🙂
14:35 Govind : Tej, big bro you always are!! Congo bro!!
14:35 Himanshu : Congrates
14:35 Govind : Thanks Shai
14:35 Avinash : +1 Gov and Tej
14:35 Shai : half of that 11300 ce OI under water now
14:35 Shai : this sis settlement games
14:35 Uttam : in it rest 50% at cost Shai
14:36 Ankush Jain : ha ha
14:36 Ankush Jain : this being monthly settlemnet
14:36 Tejpreet : tks guys and congrats to all the green mtm in room +1
14:36 Uttam : 1.5 IB almost doen in BNF
14:36 Tejpreet : 🙂
14:36 Uttam : you asked for it & BNF onbliged Tej 🙂
14:36 Uttam : je baat
14:37 Jitender : Tej score ?
14:37 Tejpreet : 2 dt from bn only almost hitting 3
14:37 Govind : Thanks Avi
14:37 Jitender : +1 ….2.94 here
14:38 Jitender : so far 🙂
14:38 Tejpreet : same pinch bro 😉
14:38 Shai : 11302 book half- (14:17) Shai : Intra – Buy NF abv11278 sl of 11252 tgt 11320/ 11335 for close
14:38 Tejpreet : +1
14:38 Uttam : 22306 so far – (14:31) Uttam : 22322 next in BNF
14:38 Jitender : tradn keeps me sane man
14:39 Uttam : above 75 that CE can give more Shai? 11300
14:40 Shai : K Killler was for 11320 once that consolidationw a sdone
14:41 Shai : K moves- (14:18) Shai : This getting done now- (12:21) Shai : tghat entire bar 11205- 11257 was illiquid(12:22) Shai : expect to stay here fo some time(14:27) Shai : BNf released
14:41 Ankush Jain : Huge call unwinding at 11700 ce
14:41 Uttam : this is tagged now for 11388 – (14:26) Uttam : 11290 is the VPOC in spot of that 4-day compoite in Mar
14:42 Ankush Jain : its still 400 points away
14:42 Shai : 300 more needed in BNF
14:42 Shai : who is with me
14:42 Uttam : 45 mins
14:42 Shai : sl 22100
14:42 Vishnu : me
14:42 Anuj : in
14:42 Uttam : long jump time 🙂
14:42 Tejpreet : Chief always behind you …let;s get it
14:42 Jitender : SL chief ?
14:43 Shai : when it is released it always gives the big ones – (14:27) Shai : BNf released
14:43 Shai : 22200 imm supp, 22100 better
14:44 Jitender : tx
14:44 Govind : Thanks Shai
14:44 Shai : 11242 supp in NF now
14:44 Shai : looking at close at highs if that holds
14:44 Tejpreet : Jit you looking for fresh entry or trailing ?
14:44 Uttam : 2atr comes to 22772
14:44 Jitender : fresh T
14:45 Uttam : 2 IB at 22496
14:45 Jitender : cant stake wats banked
14:45 Jitender : will aim fr riding a wave wich Shai will create…
14:45 Tejpreet : same here just a few of that 22k august trailing now.
14:45 Jitender : +1
14:46 Shai : 11320 cross befroe 3 will set this NF on fire again
14:46 Shai : stay in
14:46 Uttam : 11388 on spot please Shai 🙂
14:46 Kaustubh : can take freesh entry?
14:47 Shai : yes abv 11320
14:48 Ankush Jain : around 3?
14:50 Jitender : that PM news changed the entire texture
14:50 Shai : yes
14:51 Shai : 11277 trailing for existing longs
14:54 Uttam : BNF getting rewady for the long jump?
14:54 Himanshu : yes ,
14:55 Himanshu : PM – Ka danda chala
14:55 Uttam : needs to jump above 22275
14:55 Govind : PD singles look daunting Uttam
14:56 Uttam : yes Gov & some reds also laast few bars which seem to be booking of longs
14:56 Uttam : but ext handle being saved so spike is on
14:56 Himanshu : Think – we keep it for tom
14:56 Himanshu : thsoe singles can go in gap Up
14:56 Govind : yes, spike would be nice
14:57 Himanshu : With some News Tail wind of PM meeting ,,,
14:58 Himanshu : BNF spot is lagging at 21135
14:59 Uttam : 22135
14:59 Uttam : we have premium which is good na H?
15:01 Uttam : if no 3:05 move then can go back to 21940 if ext handle gets negated BNF
15:01 Swapnil : We normally have a premium most of the time, right?
15:02 Uttam : yes so Spot is not lagging 🙂
15:02 Swapnil : except for the several weeks,
15:02 Swapnil : 🙂
15:04 Fenil : btw who pulled up bnf?
15:04 Shai : 5 mins late NF
15:04 Shai : chalo
15:04 Uttam : 🙂
15:05 Ankush Jain : its at 320 ?
15:05 Kaustubh : 310
15:05 Ankush Jain : buy?
15:05 Shai : 84 still doable oin that 11300 ce UG
15:05 Uttam : thanks Shai, now focus on 22000ce
15:08 Rajiv Ohri : BNF not cooperating
15:09 Shai : bounced off 11282- (14:51) Shai : 11277 trailing for existing longs
15:10 Shai : yes BNf slowed down
15:10 Rahul : Shai ur expiry view ?
15:10 Shai : take one day at a time
15:10 Shai : expiry is not like before
15:10 Rahul : sure, just thought to ask ,thanks
15:10 Shai : today 11300 ce is under ahmmer
15:11 Rahul : yep
15:11 Shai : setting up trades
15:11 Shai : tom will have the option math up for BNF also
15:11 Shai : will track those buggers better
15:12 Ankush Jain : +1
15:12 Shai : for now if in NF or BNF book out
15:12 Rahul : thanks
15:12 Govind : Great news Shai, thanks a lot!
15:12 Avinash : Shai Carry Longs?
15:12 Shai : no
15:12 Avinash : k tx
15:13 Shai : BNF has FA and news environment trading
15:13 Jitender : +1
15:13 Avinash : ok
15:13 Shai : book out- (14:17) Shai : Intra – Buy NF abv11278 sl of 11252 tgt 11320/ 11335 for close
15:17 KK : Infy will close on highs ?
15:18 Uttam : TCS is having a better run
15:18 Uttam : up by almost 5%
15:19 Uttam : new all time high in it?
15:21 Uttam : 2-day composite ‘b’ profile in BNF
15:21 Favas : big reds in bnf?
15:21 Uttam : NF seemed to have moved away from the composite Value but tom will need more confirmation
15:23 Jitender : Tej (14:44) Tejpreet : Jit you looking for fresh entry or trailing ?(14:44) Jitender : fresh T(14:45) Tejpreet : same here just a few of that 22k august trailing now.
15:24 Uttam : (15:01) Uttam : if no 3:05 move then can go back to 21940 if ext handle gets negated BNF
15:24 Uttam : 22080 close will be Neutral
15:24 Uttam : time not there for 21940 now
15:24 Tejpreet : Jit all closed out clean slate
15:25 Uttam : BNF at IBH
15:25 Jitender : 3.14 final 🙂
15:25 Uttam : Neutral Day
15:25 Jitender : gt sum on dwn
15:25 Uttam : NF a DD
15:25 Tejpreet : +100 Jit
15:25 Uttam : lots of reds in both but could be rolls
15:25 Uttam : will need to check with the Aug OF
15:25 Jitender : tx bro
15:27 Uttam : BNF making sure FA stays confirmed as close above IBH
15:27 Avinash : +1 Jit
15:28 Tejpreet : gap up then Uttam
15:28 Uttam : will be an intersting day tom
15:28 Shai : A gap is possible
15:28 Shai : 11220 supp tom
15:28 Uttam : all those only higher powers like you & Jit can manage 🙂
15:28 Ankush Jain : down or up?
15:28 Shai : can alos move to 11400 tom
15:28 Shai : Bye all
15:28 Uttam : yes Shai
15:28 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all !!!
15:28 Uttam : 11388 spot
15:28 Shai : have a nice evening
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Rohan : Bye All
15:29 Aditya09 : thank u all bye
15:29 Tejpreet : Bye All.
15:29 Kaustubh : thanks all
15:29 Bhavesh : thanks all
15:29 Avinash : Bye everyone
15:31 Manikandan : bye all
09:06 Shai : (09:04) Shai : Yesterday was a b shaped profile in the composite balance we already know of where the market has been in(09:04) Shai : NF continues to operate this balance(09:04) Shai : ref line for the open is at 11130 today(09:05) Shai : we wait on the quality of the boucne as mentioned in the closing comments of yesterday(09:05) Shai : yesterday’s charts and notes- https://vtrender.com/order-flow-charts-dated-27th-july-2020/(09:06) Shai : https://vtrender.com/order-flow-charts-dated-27th-july-2020-5-mins/
09:07 Uttam : a) NF needs to sustain above 11123 for a rise to 11158-169 / 11195-201 / 11225 & 11268-280
09:07 Uttam : b) The auction staying below 11112 can test lower levels of 11090 / 11062-040 / 11010 & 10967
09:07 Uttam : a) BNF needs to sustain above 21885 for a rise to 21942-990 / 22045-080 / 22175 / 22326-375 & 22466-477
09:07 Uttam : b) The auction accepting below 21840 could test 21760-723 / 21645-600 / 21530-417 / 21360-300 & 21240
14:17 Uttam : c) Above 11280, NF can probe higher to 11301-317 / 11350 / 11380-400 & 11442