Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.
Order Flow is the most transparent way to trade and takes away the guesswork from decision making.
NF (Apr)
NF (May)
BNF (Apr)
BNF (May)
Room Chat
08:52 Naresh Dubbudu : Good morning everyone.
08:54 Santhosh null : gm all
08:55 Krishan : gm all
08:55 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/309965877
08:56 Vtrender Live : 5 min charts – https://join.me/716-205-259
08:57 Seshadri : good morning all
08:57 Rajan : Good morning all
08:58 Vishnu : gm all
08:59 Manoj : Good morning guys
09:00 Shai : GM all
09:01 Shai : https://vtrender.com/market-profile-analysis-dated-28th-apr-2020/
09:01 Indarpal : good morning all
09:01 Shai : spike rules for the open today
09:01 Shai : spike zone 9385- 9421
09:02 Shai : bullish abv spike . though it could be an OAOR , so don’t rush in with new orders
09:02 Shai : bears come back below spike lows of 9385
09:03 Shai : higher tgts for the day are 9491 and 9536 if spike highs hold through IB
09:03 Shai : weakness below 9280 can darg it lower to 9270 again
09:03 Shai : relatively easy day to form a bias and trade , so act accordingly
09:04 Shai : Also to newcomers esp. if watching COT watch the May F on the right- Yesterday’s late move was entirely driven through May F and call unwinding and COT was blue in May
09:06 Jitender : *9380 (09:03) Shai : weakness below 9280 can darg it lower to 9270 again
09:08 Naresh Dubbudu : BNF pre open closed at 20440. 1% lower while NIFTY showing a small gapup of 30 points.
09:08 Naresh Dubbudu : What explains this dichotomy?
09:08 Uttam : Good Morning All 🙂
09:09 Jitender : axis n indusind down
09:10 Naresh Dubbudu : Even ICICI showing a 2% down
09:10 Chandrashekhar : GM all
09:11 Gopi : GM all
09:11 Ashwath : GM all
09:11 Seshadri : volumes are decreasing on daily basis as we are going up… this means weak hands are trying to take nifty up
09:11 Uttam : expiry week Seshadri so volumes will be gettint caried to May also
09:13 Seshadri : ok
09:13 Tejpreet : GM All
09:18 Shai : COT shift at 9430
09:19 Shai : 9467-9393 range off open volume to watch
09:21 Shai : open auction
09:25 Kunal null : hi
09:26 Kunal null : sorry . not able to connect to the room since morning . got connected now
09:26 Kunal null : need a favor.
09:27 Kunal null : can someone please post level of shai from the morning chat
09:27 Upendra : it is there in tab 2
09:27 Shai : 09:01) Shai : spike rules for the open today(09:01) Shai : spike zone 9385- 9421(09:02) Shai : bullish abv spike . though it could be an OAOR , so don’t rush in with new orders(09:02) Shai : bears come back below spike lows of 9385(09:03) Shai : higher tgts for the day are 9491 and 9536 if spike highs hold through IB(09:03) Shai : weakness below 9280 can darg it lower to 9270 again(09:03) Shai : relatively easy day to form a bias and trade , so act accordingly(09:04) Shai : Also to newcomers esp. if watching COT watch the May F on the right- Yesterday’s late move was entirely driven through May F and call unwinding and COT was blue in May
09:28 Shai : Vix drops below 35
09:28 Shai : And COt is again blue in May
09:33 Shai : hdfcbank driving BNF today
09:33 Shai : Axis is right down
09:33 Shai : And icici is somewhere in the middle
09:34 Rajesh G : shai may of chart has no of lots
09:36 Shai : no volume /1000
09:36 Shai : for easier reads
09:37 Shai : so 30 is 30,000
09:37 Rajesh G : thanks
09:37 Shai : not likely to break this in IB- (09:19) Shai : 9467-9393 range off open volume to watch
09:41 Shai : 62 sl for 9400 PE writers
09:42 Shai : if 48 breaks can do 13 by close today
09:42 Vishnu : covered 9300 combo sell fully at 180 range. rided from 268
09:43 Tejpreet : +1
09:43 MJ : +1 Vishnu
09:43 MJ : nice one.
09:43 Amit N : Congo Vishnu
09:43 Vishnu : tnks all bye busy to attend one relative funeral
09:44 Amit N : Take care Vish
09:47 Kunal null : shai is there a combo trade tod
09:48 Uttam : 10k gren in NF at VWAP
09:48 Uttam : another 16k green at 9451
09:49 Uttam : boom boom time?
09:49 Ankit : looks like
09:52 Jitender : pls zoom in on bnf 5mins a bit pls
09:52 Uttam : 28k red stalling it, can it be taken out?
09:53 Uttam : trifecta of reds there too Jit
09:53 Jitender : k
09:54 Jitender : tx
09:59 Leela : as of now previous day high is resisting in bnf
10:01 Uttam : 9440 holding in NF
10:02 Suhas : reloaded again
10:04 Kunal null : uttam – is the open type OAOR or OA
10:05 Uttam : OA in NF & OAIR in BNF
10:07 Uttam : RB at 9440 forming in NF
10:08 Uttam : now to take that RS of 9455 out
10:09 Shai : NF gets weak below 9436 and can test 9393
10:10 Shai : Quants – (09:19) Shai : 9467-9393 range off open volume to watch
10:10 Shai : Qunat at work- (09:37) Shai : not likely to break this in IB- (09:19) Shai : 9467-9393 range off open volume to watch
10:10 Rajan : @UG – we have a RS followed by IS at top and if it does not hold HVn at 9432, its hsould go down??
10:10 Shai : 9400 PE 61 to 50
10:10 Govind : Congo Shai
10:11 Jitender : +100 (10:10) Shai : Qunat at work- (09:37) Shai : not likely to break this in IB- (09:19) Shai : 9467-9393 range off open volume to watch
10:11 Govind : has been a slow grind to top at first, barely managed 8 points in the 9400CE
10:11 Uttam : C side coming on top?
10:11 Shai : _/\_
10:12 MJ : Super chief.
10:12 Uttam : NF waiting for BNF
10:14 Shai : IV drop is the reason- (10:11) Govind : has been a slow grind to top at first, barely managed 8 points in the 9400CE
10:16 Suhas : 9500 pe from 106 to 91
10:16 Uttam : NF doing it first – (10:11) Uttam : C side coming on top?
10:16 Uttam : 0s at top & 67k red
10:17 Shrishti : Is it just recently or does C often give false breakouts?
10:18 Shrishti : i have noticed it many times in past days
10:18 Seshadri : C single print above B
10:18 Shai : rollover trade – all blue in May- (10:16) Uttam : 0s at top & 67k red
10:19 Seshadri : OK SHAI
10:19 Uttam : thanks Shai
10:20 Shai : Guys be vigilant on the COT and orderflow next 2 days as rollovers can mask the values
10:20 Seshadri : above 9467 whats the next level Shai
10:20 Shai : big boys are rolling from yesterday and 90% of these big vols in expiry week are rolls
10:21 MJ : chief april may nf gap is also small for this month?
10:21 Shai : yes
10:21 Shai : 9491- (10:20) Seshadri : above 9467 whats the next level Shai
10:21 Shai : refer tab 2
10:21 Seshadri : thanks
10:22 Uttam : can C side give VWAP test?
10:23 Uttam : big reds in BNF
10:26 Himanshu : ug lets go to OPen and PDL
10:27 Himanshu : c iddi LL in bnf
10:27 Himanshu : 20630
10:35 Uttam : almost done – (10:22) Uttam : can C side give VWAP test?
10:36 Uttam : narrow range though so far
10:36 Govind : am collecting singles today Uttam 🙂
10:37 Uttam : 🙂
10:37 Shrishti : RB at VWAP is a bullish sign ?
10:37 Uttam : that 940 level has been getting demand Sh
10:37 Uttam : 9440
10:37 Shai : yes but context is still OAOR
10:38 Shai : never ignore overall context\
10:38 Uttam : 9440-9432 imp zone in NF
10:38 Shai : this IB and IS in OAOR will not give 100 points
10:38 Suhas : +1 Shai
10:39 Uttam : C getting done
10:40 Shrishti : thank you
10:40 Rajan : +1 Shai
10:41 Seshadri : thanks Shai
10:42 MJ : yes chief. need to nibble.
10:43 Shai : All nbfc are up now big since yesterday open
10:43 Shai : so much for all the bearsih views on twitter all over the weekend
10:43 Shai : 🙂
10:44 Govind : Uttam, lowest IB range today in a while?
10:44 Govind : in NF
10:44 Uttam : D begins
10:44 MJ : bajaj twins just loves surprising twitteratis.
10:45 Seshadri : yesteday saw massive selling of PSU bonds by a large no of MF between 12.5-14% YTM.. PNB AT1 was sold @14%
10:45 Seshadri : this is reason bank nifty is not pulling up
10:47 Govind : BNF is up 3%
10:48 Shai : @Seshadri you track the bonds?
10:51 Uttam : BNF getting ready looks like
10:51 MJ : 58pt Gov. yeah quite small one in recent times.
10:52 Uttam : 20th feb was last low in IB 34 points
10:53 Uttam : after that today lowest
10:53 MJ : that was multiple ib day na UG?
10:53 Kushal : @Seshadri u follow Ftrac data?
10:53 Uttam : it was a neutral extreme MJ
10:54 MJ : neuex. yes
10:54 MJ : then red ladder came 🙂
10:55 Govind : OAOR means generally should move post 12:30 or 1:30
10:55 Uttam : boom boom BNF
10:55 Uttam : (10:51) Uttam : BNF getting ready looks like
10:55 Suhas : 9500coming?
10:58 Seshadri : shai i dont track regulary.. whenever there is a abnormal YTM i get meesage.. have been in financial ind for last 21 years
10:58 Himanshu : seeming tricky –
10:59 Uttam : lets get BNF abv 20740
11:01 Rajiv Ohri : UG those reds in BNF 10.20 bar still in play?
11:03 Shai : okay @Seshadri. Thanks
11:03 Uttam : some reds there got stuck below VWAP looks like Rajiv
11:04 Seshadri : MP is very good.. thanks Shai
11:04 MJ : Chief the range is too good /\
11:05 MJ : still holding upper extreme nicely 🙂
11:06 Seshadri : shai i have all market gossip.. but i wanted something to validate the views.. i was told at 8900 NF buy calls for expiry at 9400+
11:07 Shai : Yeah all that sounds nice and good on hindsight 🙂
11:07 Shai : same guys in March were saying expiry at 5200
11:07 Shrishti : Shai all positional short views are out now above 9400?
11:08 Shai : for now – no swing view tills ettlemnt is done
11:08 Shai : settlement*
11:08 Sanjib : RIL playing a see-saw today: 1446 to 1424 then to 1451 and then to 1430….phew
11:09 Seshadri : shai, i dont want anyone to be biased with views.. i follow your views .. your view valdiates my trade..
11:10 Suhas : 1DT done t couple of scalps..boring moves…shd breakout eitherside
11:10 Tejpreet : Shai if possible can you check 96k pe OF , some good vol.
11:11 Uttam : D you have 3 more mins to deicde
11:11 Uttam : to D or not to D 😉
11:11 Suhas : hehe:)
11:12 Govind : Congo Suhas
11:13 Suhas : Thanx Govind..noce distribution here..
11:13 Suhas : nice*
11:13 Uttam : just in time
11:13 Suhas : perfect
11:13 Uttam : good biy BNF 🙂
11:14 Uttam : greeted by 49k red
11:15 Seshadri : i must acknowlege i have learnt and will continue to learn from you shai
11:15 Seshadri : MP is very good
11:15 Govind : more singles, 9400ce 98 to 104.5
11:16 Govind : time for some buttermilk and cucumber 🙂
11:16 Uttam : 20700ce from 255 to 285 50% out
11:16 Govind : Good one Uttam, congo
11:16 Suhas : +1 UG
11:17 Boppanna : +1 Uttam
11:17 Shai : _/\_- (11:15) Seshadri : i must acknowlege i have learnt and will continue to learn from you shai
11:17 Boppanna : right at stroke of 11:!5
11:17 Uttam : thanks guys 🙂 _/\_
11:18 Shai : Another roll that red
11:18 Uttam : boom boom
11:18 Shai : NF abv 9471 for 9502 sl of 9451
11:18 Shai : buy abv 9471 only
11:24 Prakash : Shai, in 30min chart – can’t read Volumes due to pink/green bands
11:24 Seshadri : single prints of B,C,E above normally indicates lack of buyers..
11:26 Uttam : @Prakash the green & pink band is what is importnat on the 30mins bars as it gives the VWAP & POC of that bar
11:26 Suhas : lets tag that spot 9500
11:27 Seshadri : uttam anyway to look at MP of may series
11:27 Uttam : MPLite
11:28 Uttam : you can see Jun also 🙂
11:28 Prakash : Agree UG, was checking is there a way to view Volumes thru the bands
11:29 Uttam : volumes are more imp on 5mins Prakash as 30mins would be ocnsolidated ones
11:29 Uttam : the pink band is where oyu have max vol so that level becomes imp
11:30 Seshadri : thanks Uttam
11:30 Prakash : Was verifying the Rolls, UG
11:33 Suhas : wwe are above vwap and buyers are doing poor job
11:33 Seshadri : shai i have a query… few days back we saw P profile.. please confirm does it mean a new range or a big fall
11:38 Kunal null : chart stuck
11:39 Gopi : no
11:39 Shrishti : lol NF is only stuck
11:42 Seshadri : NF should come to lower value area
11:42 Vishnu : 9475 imp ref which is the vah of week 15/3/20-20/03/20 we falled from thr by made two fa in spot and in future
11:42 Seshadri : say 9420/30
11:43 Suhas : good one vishnu
11:44 Seshadri : great vishnu
11:44 Vishnu : and above we had singles 9522-9570 range on that week
11:44 Vishnu : in
11:45 Kunal null : vwap test coming
11:45 Vishnu : small p shared prf forming . and a singles still
11:46 Suhas : Shai can we take short
11:46 Suhas : shd wait fr vwap clear?
11:46 Vishnu : dont look apr of look for may .
11:46 Vishnu : look in may
11:48 Shai : NTZ it is unless ready to trade 10 points – (11:46) Suhas : Shai can we take short
11:48 Saheer : can we have the May OF in room and April in goto?
11:48 Shai : changed- (11:24) Prakash : Shai, in 30min chart – can’t read Volumes due to pink/green bands
11:48 Suhas : +1
11:49 Shai : P is short covering profile- (11:33) Seshadri : shai i have a query… few days back we saw P profile.. please confirm does it mean a new range or a big fall
11:49 Vishnu : bias in positive as we opened above yest range. trading above yes vah . a singles and above yes spike high
11:49 Vijay : Shai there are talks of negative interest rate by FED , What would be the effect of that?
11:49 Shai : +1
11:50 Shai : Negative interest rates = falling yields . so hot money should chase equities . Money into equities increase
11:50 Uttam : boom boom coming?
11:50 Prakash : Thnx Shai
11:52 Seshadri : thanks shai
11:52 Uttam : the POC line not see on 30mins Shai?
11:53 Sanjib : Axis Bank picking up steam after results trade are done in first half
11:53 Himanshu : and vwap also for bar
11:53 Seshadri : there is an anamoly at M at 9384.
11:54 Boppanna : Uttam please give a heads up if you planning BNF to stay ABCDEFG at 740 and give a good move up or down in H..will not stare at monitor for the next 50min 🙂
11:56 Uttam : lol Bops
11:56 Uttam : thanks Shai for the 30mins
11:56 Shai : 9434 supp
11:57 Shai : we get a bgreak only if that is taken out
11:57 Seshadri : BPCL has decided to extend date of initial bid
11:57 Boppanna : Shai that BNF just above IBH 40K at 740 a roll ?
11:58 Boppanna : *red
11:58 Uttam : dont think so Bops as May did not have such big vols
11:58 Boppanna : ok thx ..Uttam seems like he’s being put to testt
12:04 Jitender : RIP Irfan Khan the actor…one of the best on celluloid
12:05 Vijay : RIP one of the finest actor
12:05 Uttam : yes sad news 🙁 Om Shanti
12:05 Boppanna : oh RIP talented
12:05 Ankit : ohh 🙁
12:05 Chintan : RIP Irfan Khan 🙁
12:06 Chetas : did he die due to corana?
12:06 Shai : RIP
12:07 Uttam : no Chetas he had cancer
12:07 Saheer : RIP
12:07 Uttam : and was underging treatment from past 2 years
12:07 Vijay : His mother passed away a week ago
12:07 Chetas : oh ok
12:07 Seshadri : yes. very sad. RIP
12:07 Suhas : RIP
12:08 Chetas : Very good Actor. RIP
12:08 Tejpreet : One of the finest actors, RIP.
12:09 MJ : One of my fav actor dies 🙁 Irrfan Khan. RIP.
12:10 Sanjib : Very sad, RIP
12:10 Amit N : RIP
12:11 Sagar : News is not confirmed yet
12:12 Rajesh : it is in TOI
12:12 Sagar : ohh RIP
12:16 Uttam : ext handle coming?
12:17 Suhas : let it come…must needed @UG
12:21 Chetas : want boom boom
12:22 Himanshu : UG BOOOM boom Boom
12:23 Govind : 9502 view still on right?
12:23 Govind : Shai?
12:26 Shrishti : Are NF longs activated?
12:27 Shai : No
12:27 Shai : has to cross over 9472
12:27 Govind : Ok thanks
12:28 Uttam : that 34k red right at 9470 stalling for now
12:28 Himanshu : Ok let chat room dfend VAh
12:28 Uttam : lets take it out
12:28 Himanshu : Big boys can pynch thee buy odr to jump
12:28 Himanshu : 9471
12:28 Himanshu : Spot went o 9490
12:29 Shai : Bias is long
12:29 Himanshu : agar 9470 ko – sula diy ato jing alala
12:29 Shai : But stay careful
12:29 Shai : seen this kind of an auction dip fast and quick many times
12:30 Sanjib : PPOC forming today in BNF
12:33 Leela : RB in prev day high in bnf .., is tat a good sign for long shai?
12:37 Uttam : boom boom
12:37 Himanshu : 37 taken out
12:37 Shai : NF in
12:37 Himanshu : see him on buy side Sl
12:39 Uttam : je baat
12:40 Shai : Trail to 9462 if long- (11:18) Shai : NF abv 9471 for 9502 sl of 9451
12:40 Uttam : boom boom
12:40 Govind : 9400CE from 102 to 126.5, finally
12:41 Shai : Book full NF
12:41 Uttam : 128-129 needs to go in that CE
12:42 Shai : This has reds in May
12:42 Himanshu : out in 20400Pe, April – 20500 PE in 7tH may
12:42 Boppanna : Nice quick trade Shai
12:42 Govind : Ok Uttam, will keep an eye out
12:42 Himanshu : 9400PE – April
12:43 Himanshu : bnf still has powe
12:43 Govind : 0s above that pink band
12:44 Govind : 3SD level too
12:44 Himanshu : chalo ghar waps
12:44 Himanshu : Bopp Hamemr to open
12:45 Uttam : 9400ce 105 to 125 out
12:45 Shai : yes may retest 9467
12:45 Govind : Congo Uttam
12:45 Himanshu : Uttam cong
12:45 Himanshu : Uttam Congress
12:45 Himanshu : haha
12:46 Shai : +1 Uttam
12:46 Uttam : NF does 1.5 IB
12:46 Uttam : thanks guys _/\_
12:46 Himanshu : aur kya chaiye – lock down mein bhi 1.5 IB
12:46 Uttam : aur aa sakta hai
12:46 Himanshu : spot is holdinh on 9505
12:46 Uttam : 9500pe being written
12:47 Vishnu : +1 ug
12:47 Uttam : 9517 is 2 IB
12:47 Uttam : lets go there
12:50 Himanshu : Indusind- and we have some weak guys in spot – which will continue to get selling-
12:50 Himanshu : Axis MD – painted dark pic
12:51 Himanshu : no retaile lending – due to lick down and 27 % retail and MSME choose morotorium
12:51 Shai : Axis guys have some plan to dump all their liabilities in thsi quarter and get away saying Corona Corona
12:51 Himanshu : whee NPA provison will sink 2 qts
12:52 Shai : 3000 CR they set off right?
12:52 Himanshu : may be- but agin NPA from MSME
12:52 Himanshu : yes
12:52 Shai : to me it looks like a loss in some treasury delaings
12:52 Shai : dealings*
12:52 Himanshu : no provision also
12:52 Himanshu : they are only ledning to strong NBFC using TLTRO
12:53 Himanshu : but retail so far for all private banks was cash cow
12:53 Himanshu : Credit card morotorium is another mess
12:54 Himanshu : SME and Traders finance are screwd up – for recovery thy are creating pressure on govt to open lock down
12:54 Himanshu : by not extending any risky leverage
12:57 Uttam : BNFs turn now
12:57 Uttam : 15k red plus 0s at new highs
12:58 Uttam : Bops are you bring out your hammer?
12:59 Shai : easy long trade of 20 above OAOR range highs done
12:59 Shai : MB balance would have shown the 9450- 9470 trade better
13:00 Shai : supp still there at 9435 and 9444 and tehse reds are day longs booking
13:00 Boppanna : BNF a contrast to yesterday’s a lot more hesitant today
13:01 Uttam : its waiting for your hammer 😉
13:02 Uttam : 12 more mins oyu have to use it
13:02 Shai : yes but hdfcbank factor is there again in BNF today
13:03 Boppanna : 800-900 zone a no trade zone for me Uttam so staying out 🙂
13:04 Leela : shai i went long in IB candle formed after RB at pday haih in bnf .. is tat correct way of entry.., any wrong i hav done?
13:06 Jitender : u r talkn of start of day Leela or rite nw
13:06 Leela : at 12:35 IB jit
13:06 Boppanna : yes Shai HDFC playing a big part
13:06 Jitender : k
13:07 Jitender : trail Leela
13:07 Leela : is ter any wrong in my entry
13:07 Jitender : nope
13:07 Jitender : but (13:07) Jitender : trail Leela
13:08 Leela : k
13:08 Suhas : one more wave?
13:10 Rajiv Ohri : JIT SPX is quietly sliding from the high it made in the morning. Is is saying anything
13:12 Shrishti : chances of a DD up? single prints in the base of the extn handle
13:12 Jitender : fed tonite
13:13 Rajiv Ohri : yup.
13:14 Jitender : we seem to be more excited
13:15 Rajiv Ohri : Ha Ha yes
13:15 Uttam : what is fed Jit ;-p
13:17 Leela : wer to see spx chart
13:17 Uttam : investing.com
13:17 Jitender : fed is tat organism wich never looses
13:18 Tejpreet : 🙂 Jit
13:18 Rajiv Ohri : but always loosens the purse. Even throwing money att he virus
13:18 Jitender : tey just print
13:18 Jitender : easiest biz in the world
13:22 Himanshu : but i just imagine – with out that printig press, Emerging markets has n o chance
13:22 Jitender : truth is nvr pretty….
13:23 Himanshu : was watching Robert Kyoskey
13:23 Himanshu : Inetreview yday
13:23 Himanshu : He was given 300 Mn Usd in 2008 crash to tak eover propery which were left behind in subprime crissi
13:23 Prakash : One very Controversial question – Who Owns Fed US..??
13:24 Jitender : trump fr now …he has tem by their jellies
13:24 Himanshu : now he owns 7000 residential propery which generates decent cash flow post 2009 and
13:25 Himanshu : now got 100 MN $ to bail him out as few people will not be able to pay n time
13:25 Himanshu : so – whole game is fixed towards – biggies
13:25 Prakash : Well Jit the answer is not that straight forward as it seems …
13:25 Himanshu : and taxpayers – middle class pays the bill by way of taxes an d inflation
13:25 Jitender : do enlighten us P
13:25 Uttam : NF done with proabable PBL?
13:26 Uttam : lets go now
13:28 Himanshu : UG in with 22200 Green
13:28 Himanshu : cong in advance
13:28 Prakash : even i don’t know Sir.. many Conspiracy theory define it in their way
13:29 Prakash : But definitley not controlled by US Govt
13:30 Govind : Santa Claus controls the Fed
13:30 Prakash : NF – another way up
13:31 Uttam : boom boom – (13:25) Uttam : NF done with proabable PBL?(13:26) Uttam : lets go now
13:31 Shai : +1
13:31 Shai : long bias wins wasy today
13:33 Govind : 9400CE above 130 now Uttam
13:33 Uttam : shifted to 9500ce now Gov
13:34 Uttam : and looking at 20800ce now actually
13:34 Govind : Ok
13:40 Uttam : Can K period give a proper ext handle?
13:41 Uttam : NF not wanting to test that 9455
13:43 Himanshu : crazy volume in 9500 ce – pe
13:43 Uttam : BNF forming a smooth ‘p’ but NF has work to complete
13:43 Uttam : so if no ext handle coming in next 5mins then mostly NF can tag 9455 & BNF could go for 20660
13:56 Himanshu : nf ext handle is defeded 3rd time
13:56 Himanshu : so if hee liquidation come
13:57 Shai : some one bought 9500 put heavily at 60
13:58 Shrishti : how do we know its not someone squaring off their shorts shai?
13:58 Chetas : where it could go ?
13:58 Uttam : BNF taking sup at 20740
13:58 Uttam : that goes can give 80 more
13:58 Shai : 72 and 80 supply in that PE
13:58 Vijay : IBH
13:59 Shai : buy abv 72 only
14:02 Vijay : @Uttam BNF IBH supporting
14:02 Uttam : 20740 🙂
14:03 Uttam : dPOC shifting higher in NF
14:03 Uttam : 9486 now
14:03 Vijay : @Bops that 42k was at 740?
14:04 Boppanna : around
14:04 Boppanna : yes
14:04 Uttam : can we see 21k today?
14:05 Yash : +1 UG, Looking at HDFC BANK, possible
14:05 Uttam : (13:40) Uttam : Can K period give a proper ext handle?
14:05 Uttam : 9 more mins
14:05 Shai : 930 yesterday and 950 today are huge buys in hdfcbank
14:08 Uttam : je baat
14:08 Uttam : NF does 2 IB
14:09 Uttam : (12:47) Uttam : 9517 is 2 IB(12:47) Uttam : lets go there
14:10 Yash : 9570 is imp level from past momth?
14:10 Yash : matches today’s 3ib…
14:10 Uttam : 9604 spot was also a FA
14:10 Boppanna : phew 80 pts in BNF and eternity on BNF thx to that 740 stuck sellers
14:10 Uttam : (14:04) Uttam : can we see 21k today?
14:11 Uttam : (13:58) Uttam : BNF taking sup at 20740(13:58) Uttam : that goes can give 80 more
14:12 Boppanna : +1
14:12 Yash : UG, have some higher tgts :p that would help me at HDFC BANK
14:12 Yash : :))
14:15 Suhas : 9500pe from 67 to 50
14:16 Uttam : BNF has not even done 1.5 IB still
14:16 Uttam : 20917
14:18 Uttam : aa gaya yaad dilate hi 1.5 IB
14:18 Uttam : 20800ce from 224 to 276
14:18 Rajan : +1 Uttam
14:18 Shai : 09:03) Shai : higher tgts for the day are 9491 and 9536 if spike highs hold through IB(09:03) Shai : weakness below 9280 can darg it lower to 9270 again(09:03) Shai : relatively easy day to form a bias and trade , so act accordingly(
14:18 Boppanna : +Uttam 40-60 21300ce
14:18 Uttam : not lets see that 21k
14:19 Chandrashekhar : 88K red
14:19 Uttam : a) BNF needs to sustain above 20740 for a rise to 20790-800 / 20880-916 / 21000-095 / 21150 & 21275
14:20 Shai : hdfc bank on a tear
14:20 Uttam : super
14:20 Uttam : aane do
14:20 Yash : chief, hdfcbank 980 doable today?
14:20 Uttam : je baat
14:21 Shai : NF buy abv 9537 for 9587 sl of 9510. Buy abv only
14:21 Uttam : 20800ce OI dropping
14:21 Vishnu : monday i told that above 176 in 9300 call am only bullish in nf. look that call 243
14:21 Uttam : 20958 high ib BNf
14:21 Uttam : 42 more
14:26 Shai : https://twitter.com/SquawkCNBC/status/1255120315442700289?s=19\
14:26 Jitender : nw bandkarobazzar guys sayn..WFHH is better 🙂
14:26 Shai : will destro all bears if this happens 🙂
14:26 Ankit : he he
14:27 Ankit : That would be the last thing…Fed buying directly.
14:28 Ankit : we were discussing it some days ago in group
14:29 Shrishti : long activated infuture again
14:29 Rajan : @Shai – another day of upside RE 🙂
14:29 Shai : NF in
14:29 Shrishti : what is RE
14:30 Shai : Yes @Rajan
14:30 Upendra : range extension
14:30 Ashwath : RE = Range Extension
14:30 Vishnu : 9275.4 3 ib
14:30 Shrishti : right
14:30 Uttam : BNF 20994 only so far
14:31 Shai : first time in 2 months call writers under the hammer
14:31 Uttam : (14:04) Uttam : can we see 21k today?
14:31 Vishnu : yes shai
14:31 Shai : they clsoed down 9300 ce yesterdat
14:31 Suhas : boom
14:31 Shai : then 9400 at close
14:31 Shai : Ab 9500
14:31 Tejpreet : 96k pe saw writers since morning
14:32 Shai : +1
14:32 Uttam : all out in that 20800ce – 224 to 330
14:32 Tejpreet : lets see if we get open above 96k tmrw courtsey fed
14:32 Vishnu : shai those singles 9522-9570 ?
14:32 Shai : youi went with the IV in that 1 ?
14:32 Boppanna : BNF motor zoooming should give much more than bifty
14:33 Uttam : 21k here boys & girls 🙂
14:33 Boppanna : *nifty
14:33 Uttam : 21095 next
14:33 Vishnu : vwap of 13/3 at 9546.8
14:33 Vijay : +100 UG
14:33 Tejpreet : No Shai was not able to add it on watchlist shorted 92k monthly may around 238 , part out at 200 rest trailing
14:33 Vishnu : first lowe circuit day vwap 9546.8 (13/3)
14:33 Uttam : what a spike
14:34 Uttam : boom boom
14:34 Govind : boom boom
14:34 Uttam : 9600 spot coming?
14:34 Tejpreet : buggers want 96k today only
14:34 Uttam : Amen Tej
14:34 Uttam : 50mins left
14:34 Shai : Book full NF 9576- (14:21) Shai : NF buy abv 9537 for 9587 sl of 9510. Buy abv only
14:34 Boppanna : Tej 21300 BNF above 211100
14:34 Uttam : +100 Shai
14:34 Tejpreet : +100 Shai
14:34 Jitender : all out…good day
14:34 Boppanna : +1 Shai
14:34 Amit N : +100 Shai
14:34 Yash : Out, HDFCBANK 960 ce 13.2 to 23.15
14:34 Tejpreet : looks like fed acknowledged the opretaors mail 🙂
14:34 Uttam : booked 100 points in that 20800ce but looks exited early ;-p
14:35 Swapnil : 9600 CE – 30 to 46 on that spike. Thanks SHai
14:35 Govind : Congo to all in green!!
14:35 Tejpreet : 3ib done
14:35 Uttam : 21089 2IB in BNF
14:35 MJ : vwap >> ibh and not a single dip towards vwap 🙂
14:35 MJ : sona hai ye din.
14:35 Suhas : 4 IB hai kya UG aaj
14:36 Boppanna : Riding 21300 80- 120 oart book
14:36 Uttam : c) Above 9580 NF can probe higher to 9615 / 9650-80 / 9715-40 & 9775-90
14:36 MJ : 9634
14:36 Suhas : its in nomans land o what
14:36 MJ : @suha
14:36 MJ : @suhas
14:36 Govind : RIL moving big
14:36 Shai : 9587 to watch
14:36 Shai : Abv that buy a cheap 9700 call
14:36 Shai : we get 9715 easy
14:37 Uttam : had entered 9300May7 combo at 360 yesterday as was expecting a good range move by monday
14:37 Uttam : 398 now
14:37 Arun : thanks UG
14:37 Uttam : long straddles also make monay 😉
14:37 Arun : 22k ce in bn 6 to 17 🙂
14:37 Arun : and nifty 9800 2 to 7
14:37 Uttam : (14:33) Uttam : 21095 next
14:37 Uttam : 21092 so far
14:37 Vishnu : 3 ib done nf
14:38 Uttam : 16th Mar Spot left FA at 9604
14:38 Uttam : 17th at 9404
14:38 Suhas : yah
14:38 Uttam : yesterdau it tagged 9404 so in one day 9604 aana na?
14:39 Shai : don’t get carried away with longs here
14:39 Shai : 9587 needs to be taken out for more
14:39 Uttam : yes Shai all booked
14:39 Shrishti : above 9587 we looking at 9700 for today or overnight?
14:39 Seshadri : May month has red cot
14:39 Shai : we are beyond intra day zone now
14:40 Uttam : @Govind how did the 9400ce behave abv 130
14:40 Shai : All fed related noise
14:40 Suhas : +1 shai
14:40 Uttam : BNF is on a roll
14:40 Uttam : beast mode
14:42 Govind : Uttam, went all the way to 193.85
14:42 Vishnu : was in lpng from 9500 may call at 260 on yes booked dt from that in my positional account
14:42 Shai : 9545 supp
14:42 Uttam : NF comepltes this hypo exactly – a) NF needs to sustain above 9399 for a rise to 9421-45 / 9460-80 / 9510-17 & 9550-80
14:43 Govind : But I was in May7 9500CE which also did well 🙂
14:43 Uttam : day high & day low start & end of the hypo
14:43 Uttam : BNF gone mad
14:45 Uttam : 21275 / 21363 & 21433 next levels in BNF
14:45 Boppanna : BNF 100 more can we get 21300
14:45 Jitender : 20.9ce 308-458 phew
14:46 Jitender : wat a trade
14:46 Vishnu : +1 jit
14:46 Jitender : just jumped in
14:46 Tejpreet : +1 jit
14:46 Uttam : that 20800ce from 224 now at 527
14:46 Boppanna : +1 Jit 21300ce two batches still holding some
14:46 Jitender : wat madness
14:46 Suhas : +1
14:46 Jitender : tx n congo all
14:46 Govind : +1 Jit
14:46 Tejpreet : cong to all green
14:47 Jitender : u guys shld also pat me..wagle gave a buy call on hdfc at 362…n i didnt post here 🙂
14:47 Jitender : see my judgement…heheh
14:47 Boppanna : BNF had a lot of catching up to do with Nifty and today made that catch up a little
14:47 Uttam : BNF has been a clean buy from yesterday
14:47 Uttam : today also A period singles sup at 20740 & boom boom
14:48 Suhas : what a call shay 9837 tp 9587
14:48 Tejpreet : the whole global markets quite we seem to be the most excited about fed !!
14:48 Jitender : wen is 13000 coming ?
14:48 Tejpreet : 🙂
14:48 Boppanna : 21300 here done enough for the day
14:48 Uttam : big vols in BNF here
14:49 Uttam : highest on 5mins since open
14:49 Shrishti : NF 9700 cal bought
14:51 Uttam : 9599.855 high in spot so far – (14:34) Uttam : 9600 spot coming?
14:51 Tejpreet : next month 10k pe buy 2 lot 525 , sell 3 lot 95k pe at 275 ….an idea …do your hw…as i do not do such trades 🙂
14:52 Vishnu : 21433 , 3ib in bank nifty
14:52 Uttam : 21358 hgih – (14:45) Uttam : 21275 / 21363 & 21433 next levels in BNF
14:52 Uttam : c) Above 21275, BNF can probe higher to 21312-393 / 21460-480 / 21530-574 / 21634-715 & 21788
14:54 Shrishti : Shai what is SL for the 9700 ce bought at 21
14:57 Uttam : @Shrishti avoid out of money calls on Wednesday & Thursday as premium keeps going down
14:58 Shrishti : oh…shai had mentioned buy a cheap 9700 ce above
14:59 Uttam : then that is meant to be a lottery
14:59 Shrishti : oh got it
15:00 Uttam : this was yesterday at close
15:00 Uttam : 15:27 Shai : good strong close15:27 Shai : will have to check the follow up tom15:28 Uttam : yes Shai +115:28 Uttam : could be start of a new leg?15:28 Uttam : yesterdya ‘p’ & today breakout
15:00 MJ : Chief what’s at 9587?
15:01 Tejpreet : Uttam day vol below average today ?
15:01 Uttam : yes Tej lowest of the series so far but May also will have some good vols I assume
15:01 Yash : someone pls get me that 9600 pe above 83-86 😀
15:02 Uttam : 105L in Apr NF so far
15:02 Tejpreet : ok , tht vol is the only missing ingredient of a trend day nf 🙂
15:02 Uttam : May Nf has 42.5L so far
15:03 Tejpreet : tks
15:06 Shai : That move abv not coming
15:06 Shai : early longs in May from yesterday all booking
15:06 Shai : looks like a pass of baton to the late latif longs
15:07 Shrishti : book out of the 9700 call or keep as lottery shai?
15:07 Shai : exit
15:07 Yash : anyone observing 9600pe?
15:07 Shai : won’t benefit as expiry tom
15:09 Ankit : see you all tom. was a slow day in the beginning but turned out exciting towards the end. thanks
15:09 Sourav : as this is a vah of previous momthly profile nifty can we short here with hedge
15:10 Chintan : RIL telling story here
15:11 Boppanna : Sourav better to take position after Fed news event IMO RR an unknown prior
15:11 Sourav : okay
15:11 Jitender : whole day one side…and tat 15 mins one side….
15:12 MJ : Yeah jit
15:12 MJ : 2ib to dhi move was something else only.
15:14 Himanshu : some basket sellig in spot
15:15 Shai : @Sourav we don’t track value of a trending profile as a ref line
15:15 Shai : A trending profile has no value created
15:15 Tejpreet : +1 Shai for the reminder.
15:15 Uttam : +1 Shai only VWAP & POC 🙂
15:16 Uttam : which is why that 9146 level was important last week
15:16 Uttam : had mentioned it in the room also
15:16 Yash : 9600pe late seller may face trouble 😀
15:16 Jitender : man…lot of ppl wud have ripped today
15:16 Jitender : hv been
15:17 MJ : Yash you get your 85 there 🙂
15:17 Jitender : 300 bps PB in bnk
15:17 Shai : singles of 16th March- (15:00) MJ : Chief what’s at 9587?
15:18 MJ : Thanks bossman.
15:19 Boppanna : Jit 21300 good exit or what 😉
15:19 Jitender : yup
15:19 Jitender : jai ho DT concept
15:20 Chintan : +1 JIT
15:20 Jitender : 20.8pe 103-164 in positional acc
15:21 Jitender : had missed up move on tat acc
15:21 Jitender : made up fr it
15:21 Tejpreet : 278 to 299 on next month 95k pe…so revenge for 1 pe sl in morning 🙂
15:21 Jitender : we dont forget easily…do we Tej 🙂
15:22 Boppanna : here I was admiring the exit and there Jit does his straight drive 🙂
15:22 Tejpreet : With Shai showing us they way , we don’t Jit
15:22 Jitender : BoP…fed…biggies won’t carry
15:22 Jitender : def Tej
15:22 Sagar : any holdign posions ?
15:22 Chintan : jit is this smart money selling pre fed ?
15:23 Jitender : PB Chintan
15:23 Jitender : fabulous April fr dip buyers
15:23 Jitender : tis SC wud have morrow if we didnt have fed today….mayb
15:24 Jitender : hv cum
15:24 Boppanna : BNF that 900 a nice ref for tomorrow IMO
15:24 Yash : 9600pe from 77 to 100
15:24 Yash : telling different story
15:24 Boppanna : Nice one Yash
15:24 Tejpreet : Shai with this OF looks like biggies going in with a clean slate , all longs booked ?
15:25 Jitender : day to pop open another bira
15:25 MJ : Lucky Jit 🙂
15:25 Shai : yes Tej
15:25 Shai : they cleaned up longs
15:25 Tejpreet : Bira white for a peaceful day Jit
15:25 MJ : Here toh vape flavour is also over 🙁
15:25 Tejpreet : tks Shai
15:25 Shai : 16th March is the ref profile tom- an imp one
15:25 Jitender : ironical for trapped buyrs/sellers …this ‘L” period
15:25 Yash : want to buy those 9600pe over night but will avoide
15:25 Suhas : 9500 ce from 100 to 72
15:26 Jitender : +1
15:26 MJ : Chief thanks for guiding though.
15:26 Leela : shai tis profile looking like b?
15:26 Suhas : congrats all
15:26 Jitender : Leela…made money today ?
15:27 MJ : Cheers all who made right observation and money.
15:27 Leela : no jit i exited with 20 points prft
15:27 Leela : very sad
15:27 Leela : wxited at 20900 ce at 180
15:27 Jitender : greem mtm is not sad Leela…congrats
15:27 Leela : it moved to 500
15:27 Jitender : lot of ppl wud be in loss today
15:27 Suhas : green is what at the end of day matters
15:27 Jitender : anythn green is good
15:27 Leela : but haapy thing is am reading right in market
15:28 Boppanna : +1 Leela
15:28 Jitender : dont worry abt wat didnt happen…it kills the next trade
15:28 Himanshu : spot 20970 held- spike – base
15:28 Leela : yes.. these wil happens .., no worries
15:28 Suhas : taged that FA from march. and came down
15:28 Ashwath : ba bye. @everyone..
15:29 Shai : Bye all
15:29 Tejpreet : Bye All
15:29 Rajan : Bye all
15:29 Upendra : bye all
15:29 Shai : Hope everyone had a good session
15:29 Shai : catch up tom,
15:29 Chintan : bye bye good learining session
15:29 Chintan : thanks all
15:29 Tejpreet : Yes Chief
15:29 Chintan : bye shai
15:30 Chintan : bye ug jit
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 Suhas : Thanx Shai..Bye all
15:31 Favas : thnks bye ll
15:33 Himanshu : bye all
15:33 Himanshu : good day