Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.
Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF
BNF
Room Chat
09:16 Shai : (09:15) Shai : Moved main window to – https://join.me/477-298-867. Kindly login to this link
09:18 Shai : (09:18) Shai : we are sorting a msall issue again. Please login for charts to the join me – https://join.me/477-298-867
09:34 Shai : (09:33) Shai : Intra – Buy BNF abv 31465 sl of 31375 tgt 31590
(09:34) Shai : Buy abv ** cmp 31450
10:38 Shai : (10:38) Shai : Buy BNF 31290 sl of 31201 tgt 31450.
11:01 Shai : (11:01) Shai : BNF stopped. Make exits
13:17 Shai : Intra – short BNF 31350 sl of 31465 tgt 31200
13:34 Shai : BNF 31320-25 near cost. Make an exit in the trade
13:40 Shai : (13:40) Shai : Buy BNF 31360 sl of 31260 tgt 31480.
13:55 Shai : (13:55) Shai : BNF 31416 . Book half here and ride at cost some
13:59 Shai : (13:58) Shai : Book fully BNF 31409
14:01 Shai : Positional- Buy BNF 31430 sl of 31190 tgt 31784/ 31945
09:03 Amit : gm
09:05 Shai : GM all
09:05 Uttam : Good Morning All 🙂
09:05 Shai : https://vtrender.in/market-profile-analysis-dated-1st-july/
09:08 Sujeet : screen nt cmng
09:08 Thanika : GM all
09:10 TP : GM All.
09:13 Kiran : Good Morning
09:13 Rajan : goo morning all
09:14 Krishan : gm all
09:14 Himanshu : Good morning all
09:15 Shai : Moved main window to – https://join.me/477-298-867. Kindly login to this link
09:16 Rajan : charts are not availbale in main widow
09:16 Sandy77 : Dead link
09:16 Amit : the link refused to connect
09:17 KK : the link not working
09:17 Thanika : N50 & BN10 cash coming back to +ve.. after the first push down
09:18 Shai : we are sorting a msall issue again. Please login for charts to the join me – https://join.me/477-298-867
09:18 Shai : without the dot at the end, the link is fine
09:18 Govind : Yes, works now
09:19 Govind : Yesterday’s VAL held in NF
09:19 Govind : thus far
09:22 Thanika : N50 looks ok, but BN10 bears still trying.. may be some adjustment due to the % weightage changes
09:23 TP : Mumbai rains to keep volumes low again 🙂
09:23 TP : Hope Mumbai guys are safe.
09:24 Uttam : yes guys from Mumbai please stay safe
09:24 Boppanna : Gm all
09:24 Uttam : looks like vols waiting for budget
09:25 Govind : Shai, Day Cot for NF F is missing from the usual place, 30 min OF chart.
09:30 Shai : Thanks for the info. Back up now
09:30 MJ : Lowest 15 min vols since 23rd may.
09:30 Govind : Thanks Shai!
09:31 Uttam : we had lowest vols in both yesterda in over 2.5 months
09:31 Uttam : range also
09:31 Uttam : somehitng like what India scored the other day 28/1 in the first 10 overs
09:32 Uttam : and then people are blaming MSD for not showing intent 🙂
09:32 MJ : Yes TP. Working from home.
09:33 MJ : Gave flexi wfh policy for office staff during monsoons.
09:33 Shai : Intra – Buy BNF abv 31465 sl of 31375 tgt 31590
09:34 Shai : Buy abv ** cmp 31450
09:40 Uttam : 11850 combo being written for this week looks like
09:42 Thanika : BN10, not yet supporting..
09:44 Rajesh null : hello
09:44 Rajesh null : hello
09:46 Shai : 31400 a good support
09:49 Thanika : N50 some supply getting absorbed.. and in BN10 too.
09:54 TP : +1…..(09:32) MJ : Yes TP. Working from home.
09:58 Thanika : BN10 & N50, power rising, but F going down.. should bounce
09:59 Thanika : divergence, F price dropping very fast, Cash not so much
10:00 Govind : premiums adjusting
10:01 Rushabh : shai sl hit right?
10:02 Uttam : yes Rushabh, BNF breaking PDL
10:03 Amit : shd we exit
10:03 Uttam : yes Amit please do
10:03 Uttam : we are still in the first hour
10:03 Uttam : so SL can be put in the system
10:04 Uttam : only 10:30 to 1:30 is where we need to observe & wait for price to sustain below the SL level based on OF
10:04 Uttam : weekly Fa in BNF at 31559
10:04 Govind : NF Cot in thi fall is +1.4 L
10:06 Uttam : 1.2L green in NF
10:07 Uttam : 11865
10:08 Himanshu : +1
10:08 Rushabh : yests cot was -5lac
10:11 Boppanna : Hypo b) and first part of d) hypo done in BNF
10:12 Uttam : both NF & BNF could not get above hypo 1 at in the morning so PLR turned down post open
10:12 Uttam : NF gave IS in first 30min at 11908
10:12 Vijayaragavan null : is there any issues in webinato??Couldn’t able to see charts..
10:12 Uttam : BNF at 31464
10:12 Boppanna : +1
10:12 Uttam : both gave IS at sell levels
10:13 Uttam : not getting new demand at highs so auction probing lower here in both
10:13 Sujeet : below 31400 ws 31270 ws possble and hit in spike
10:14 Sujeet : 31400 ws gud number
10:14 Uttam : 31448 was yesterdays new support Sujeet
10:14 Uttam : b) Immediate support is at 31460-448 below which the auction can test 31390-385 & 31312
10:14 Uttam : d) Below 31312, lower levels of 31267-252 & 31202-158 could come into play
10:14 Uttam : BNF low so far 31255
10:15 Uttam : 11863 imp leve in NF to hold
10:16 Uttam : NF also has given a weekly FA at 11925
10:17 Jitender : tere was a 32k green stuck at 31403 🙂
10:17 Jitender : good boy
10:18 Jitender : yes bank…was the culprit
10:18 Jitender : sum default by a 5500 cr loan builder
10:27 Himanshu : lodha
10:27 Himanshu : those guys have borrowed like Anil Amnani
10:27 Himanshu : Ambani
10:35 Uttam : NF has 1.7L green at 11864, that big seller of ysterday booking out looks like
10:37 Sandip : GM All
10:37 Sandip : No screen?
10:38 Kiran : https://join.me/477-298-867
10:38 Uttam : yes Sandip some issue with webinato so screen up on joinme link
10:38 Shai : Buy BNF 31290 sl of 21201 tgt 31450.
10:38 Sandip : ok
10:40 Jitender : Shai…the +ve COT today cud b yday’s cvrn..rather thn new buyn ?
10:40 Shai : yes
10:41 Jitender : k
10:41 Thanika : Big jump in BN10 too.. hopping! 🙂
10:41 Shai : the big guys are also playing this just 60- 80 points at a time
10:41 Jitender : we have a RB at lows in both ?
10:42 Jitender : 31280/11864
10:42 MJ : Chief: USDINR July has enough vols for levels?
10:44 MJ : If yes, can you share? Thanks.
10:47 Uttam : whoooa finally charts up in the room 🙂
10:50 Shai : 69/68.80 are the 2 supports in the USDINR
10:52 Shai : Really regret the inconvenience caused due to the display. WE have been able to narrow it down to a port on the machine which is interfering with the display of my main ISP connection. The second one is not able to hold the higher speeds required
10:52 Shai : anyone here having background in networking of the machine?
10:54 Jitender : try replacing the prot with a diff one from a diff m/c
10:54 Shai : BNF at a support here , but needs to rise up abv 31310
10:54 Jitender : if its the same port wich was wrkn earlier
10:55 Rushabh : 39k in BN geen?
10:55 Jitender : yh
10:56 Shai : yeah was working earlier but thje freakin thing is playing up when data starts running
10:56 Jitender : if u have similar port in anthr m/c..try replacn
10:57 Jitender : if it works than the orignal port mite require repair
10:57 Jitender : else tere mite be a bus prob
10:57 Jitender : or try shiftn the setup to a diff m/c to see if its wrkn
10:58 Jitender : just top of the hat ..things
10:58 Shai : working fine on diff mahcine same data same ISP
10:58 Shai : but trouble is here and only webinato
10:58 Shai : join me and everything else is fine
10:59 Jitender : k
11:00 Sujeet : below 31210 now
11:00 Jay N : sl hit hold r exit ??
11:00 Sandip : bought some at 31210…that 39 k guys is part new part sc
11:01 Amit : sl gone
11:01 Shai : BNF stopped. Make exits
11:04 Shai : D low this is
11:04 Sandip : Thanika hows bnf cash looking?
11:05 Sandip : That 19k is new in bnf
11:05 Shai : may hold 31160
11:05 Shai : but very high risk long now
11:05 Shai : 31300 is new res
11:06 Rajiv : Shai these high COT’s in BNFare short covering?
11:06 Narendra : BN Spot below 31150 seems weak
11:07 Shai : yes Rajib yesterday’s shorts are out
11:08 Uttam : 31175 was ext handle in BNF
11:08 Uttam : (10:04) Uttam : weekly Fa in BNF at 31559
11:10 Uttam : room charts stuck?
11:11 Sandip : yes
11:11 Sandip : join me is working
11:12 Uttam : yep 🙂 thanks
11:15 Rushabh : shai even in NF? the cot was big negative compared to now, with new 70k at 11853 (11:07) Shai : yes Rajib yesterday’s shorts are out
11:17 Shai : NF not yet
11:19 Sandip : any one got stuck in mumbai rains yesterday?
11:19 Himanshu : today rain is not heavy
11:19 Himanshu : My son at Marine drive now leaving for airport
11:20 Sandip : Yesterday was mental…..i had to walk a kilometre atleast…
11:20 Uttam : ohhhh
11:20 MJ : Yes lighter rains today. But there was a heavy spell of shower overnight.
11:20 Sandip : ricks broke down
11:21 Sandip : hopefully better today
11:21 Uttam : stay safe guys, heard that the dabba walas also took an off today
11:22 MJ : Damm.
11:24 MJ : Sandip you’re from mumbai too? 🙂
11:24 MJ : Good to know.
11:25 Sandip : Yes bro
11:26 Sandip : aal out at 31270
11:27 Boppanna : Nice on Sandip
11:27 Uttam : (11:08) Uttam : 31175 was ext handle in BNF…we got 0s in the 5min bar when BNF hit this ext handle with a 19k green
11:27 Uttam : end of auction to the downside
11:28 Uttam : super trade Sandip +1
11:28 Sandip : Uttam…open..c,d period..nothing favouring upside?
11:28 Sandip : Thanks guys
11:28 Sandip : in bnf
11:29 Uttam : d) Below 31312, lower levels of 31267-252 & 31202-158 could come into play
11:29 Uttam : d) Below 11863, auction becomes weak for 11841-833 & 11811
11:29 Uttam : BNF getting back to that 31312
11:29 Uttam : needs to scale above it for more upside
11:32 Sujeet : vwap 31320..
11:32 Sujeet : lets see green here r reds
11:40 Sandip : bnf options look strong down for now..even in this upmove….some grind here lets see if things change
11:44 Boppanna : Targets for the weekly FA pls 10:04 Uttam : weekly Fa in BNF at 31559
11:44 Uttam : lol Bops let us close below 31230 first on daily 😉
11:45 Uttam : 30600 is 1 atr on weekly by the way
11:46 Uttam : (09:40) Uttam : 11850 combo being written for this week looks like…11850ce OI doubled from morning at 14L now
11:47 Uttam : 11850pe OI after rising to 11.4L now back to 9.3
11:47 Boppanna : 🙂 My eyes light up when you type the weekly FA so just planning for targets if we do have swipe down prebudget 11:44 Uttam : lol Bops let us close below 31230 first on daily 😉
11:50 Uttam : +1 Bops
11:50 Uttam : this is a hat-trick of weekly FAs we are getting
11:50 Uttam : first we got at 31399 which did 1atr down of 30389
11:51 Uttam : then last week we got at 30580 which did 1atr of 31511
11:51 Uttam : and now we get one at 31559
11:51 Sandip : sold some at 31260
11:52 Sandip : spot and options in bnf look strong down
11:53 Anubhav null : cot turning positive at supports..is it a good level to attempt longs?
11:53 Sandip : bnf shouldnt break above 31370..even if it breaks vwap
11:59 Himanshu : Aab ki barr 31320
12:00 Sandip : im also waiting to add some srts at 31320 🙂
12:03 Himanshu : BNF waiting for you ,,
12:27 Govind : 31000 & 31100 PE showing highest OI addition in BNF
12:30 Govind : But CE writing significantly higher from 31200 to 31600
12:41 Sandip : bnf should definitely test day low and arnd 31150
12:42 Sandip : range for now should be 31150-31350
12:44 Govind : mini bell in bnf
12:48 MJ : Press the bell icon Govind.
12:49 Boppanna : 31200 above 186-195 should zoom
12:49 Boppanna : CE
12:49 Himanshu : boom boom
12:49 Himanshu : Nifty Sluggish
12:51 Himanshu : 37 Green
12:53 Himanshu : Thanika – BN spot boomig
12:58 Rajiv : BNF above Vwap can do 50-60 points?
12:59 Govind : boom coming HImanshu
12:59 Himanshu : yes
12:59 Anubhav : 11890 in nf
12:59 Himanshu : am long
13:00 Sandip : yes looks like it
13:02 Anubhav : wow greens parade
13:02 Jitender : radius buildrs denied defaultn on yes bank int…255-330 done
13:02 Himanshu : paredfecta
13:02 Jitender : neat TV trade
13:03 Himanshu : they are all jits#
13:03 Sujeet : lookss like ystrday COT 5 lkhs got cvrd
13:04 Anubhav : yeah
13:04 Govind : Steady rise this
13:05 MJ : Govind balance in balance 🙂
13:05 MJ : that blue mb.
13:05 MJ : 🙂
13:05 Govind : Yeah MJ, mini bell 🙂
13:05 MJ : pressed.
13:05 Anubhav : now break that 11920
13:05 MJ : Thanks mate (12:48) MJ : Press the bell icon Govind.
13:06 MJ : 31403 level 32k buyer should find an exit?
13:07 Sandip : +1 Mj
13:07 Govind : moving aboe DVAH
13:07 Uttam : in spite of staying below IBL both were not able to tag 1.5 IB so sellers being forced out here
13:07 Govind : above*
13:07 Uttam : OTF down also stopped in F period
13:07 Govind : +1 Uttam…13:07 Uttam : in spite of staying below IBL both were not able to tag 1.5 IB so sellers being forced out here
13:08 Uttam : extension handles are imp references
13:08 Rajiv : BNF not supporting
13:08 Anubhav : wah wah
13:08 Thanika : zeros
13:08 Uttam : (11:08) Uttam : 31175 was ext handle in BNF
13:09 MJ : Aye aye aye!
13:09 Boppanna : Half out 12:49 Boppanna : 31200 above 186-195 should zoom
13:09 Anubhav : ywvap taken
13:09 Anubhav : 11945-11980 tgts
13:09 Uttam : look at NF COT
13:09 Anubhav : gogog
13:09 Jitender : hehe
13:09 Uttam : 3L COT in this 30min bar
13:09 Govind : Good one Boppanna.
13:09 Uttam : this is the OTF I guess
13:09 Thanika : probably.. that’s what the plan from the morning!
13:10 Rushabh : 11920 is gonna be taken out this time
13:10 Jitender : excess begets excess
13:10 Himanshu : insane
13:10 Uttam : from a weekly FA at top very close to confirm weekly FAs at lows now both NF & BNF
13:10 Uttam : 31391 in BNF is VAH pf the 2day bal before yesterday
13:11 Sujeet : boom boom
13:11 Thanika : Cash touched +ve at last!
13:11 MJ : 31.3k ce 121 to 169.
13:12 Rajiv : moves done? Jitender : excess begets excess
13:12 Anubhav : out of longs…whole village is buying now
13:12 Govind : Good one MJ
13:12 MJ : Congrats Anubhav.
13:12 MJ : thanks Govind.
13:13 Anubhav : thanks mj vt
13:13 MJ : Those mb trades never disappoint.
13:13 Govind : Congrats Anu
13:13 Uttam : 11944 coming?
13:13 Anubhav : cot gave the clue to me
13:13 Uttam : NF needs to take out 11925 though first
13:13 Sandip : all out at 31350… -1 dT
13:13 Sandip : buy side too stronk
13:13 Anubhav : yeah uttam
13:13 Uttam : yes Sandip
13:13 Govind : +1 Sandip
13:14 Sandip : +1 nahhe mer a +1 se -1 ho gaya haha
13:14 Uttam : ‘b’ profile is always risky to short
13:14 Govind : Well, I recovered half of capital lost from this morning trades
13:14 Govind : Now, will sit back and wait
13:14 Rushabh : hope no sellers again at that zone
13:14 Sandip : ive bougt at 31350 levels now
13:14 MJ : Nicely done govind.
13:14 Govind : Thanks MJ
13:15 Uttam : 31310 needs to hold in BNF now
13:16 Govind : Would love for some of that excess Mumbai rains to come to Madras
13:17 Shai : Intra – short BNF 31350 sl of 31465 tgt 31200
13:18 Rushabh : perfect
13:20 Jitender : once more 🙂 (13:10) Jitender : excess begets excess
13:24 Sujeet : looks like DH might be taken out
13:24 Rushabh : shai if not got in, can get in now? o
13:24 Shai : yes can]
13:25 Shai : Those who missed early entry can shoirt here 31330- 40
13:32 Himanshu : Exited all PEs – 31000,30900,30800 – 3 DT
13:33 Govind : Congrats Himanshu
13:33 Narendra : congrats
13:33 Shai : BNF 31320-25 near cost. Make an exit in the trade
13:34 Himanshu : Entered when – 31105 – BNF spot got protected morning Swing Low
13:35 Himanshu : This was Jitubhai Trade
13:35 Himanshu : Gurudev – Kyon shant ho
13:36 Anubhav : nice himanshu
13:36 Sandip : +1 Himanshu
13:40 Shai : Buy BNF 31360 sl of 31260 tgt 31480.
13:42 Shai : vwap has been taken back nicely by BNF
13:42 Shai : expecting one run of the morning sellers now as long as vwap holds
13:43 Shai : that second test of vwap did not show sellers and hence had to exit shorts
13:44 Shai : Having said that nice move off D period lows. Smarts are now selling to the village from C to D
13:44 Uttam : (13:10) Uttam : 31391 in BNF is VAH pf the 2day bal before yesterday…BNF needs to take this 31391 out
13:45 Pradeep : @shai sir intraday is so much trades can i trade only possitional call
13:45 Shai : and yes 31404 is the extension
13:46 Uttam : +1 Shai
13:46 Pradeep : its me very cofused
13:46 MJ : And 32k guy there too @Shai.
13:46 Shai : @Pradeep market is chopping 80-100 points from June 1 bith sides. There is no scope for a directional trade
13:48 Shai : Positional traders are not in the market
13:48 Uttam : 31300ce needs to get above 175 Shai for 210-230?
13:49 Sandip : Plus that ce also needs to get rid of some CE writing also
13:49 Uttam : yes big addition today it had
13:49 KK : @pradeep, it takes time..reduce your size for intraday.take cue from Shai’s calls for direction change
13:50 Thanika : +1
13:51 Shai : if we are abv 31400 by 3 pm there is a good positional long setup in BNF today
13:51 Shai : cot is also good
13:51 Uttam : Neutral Extrme likely today Shai in that case?
13:52 Shai : NF also could be in eatly stages of a move to 12080
13:52 Uttam : NF already near the highs
13:52 Rushabh : if we close above 11920/925?
13:52 Shai : abv 11925
13:53 Sujeet : gve a push
13:53 Anubhav : yeah shai
13:53 Thanika : N50 and BN10 cash remaining +ve after that big 1:30 push
13:53 Shai : COT is behaving today
13:53 Shai : same place yesterday was deep red
13:53 Rushabh : shai then what would be the sl?
13:53 Shai : but we know at 3 pm if they are intra or not
13:54 Rushabh : sl would be below 11840?
13:54 Shai : same 11850
13:54 Shai : yes +/- few
13:54 Uttam : 3130 here
13:54 Rushabh : cool! thanks shai
13:54 Uttam : 31390
13:54 Anubhav : here goes
13:55 Shai : (11:05) Shai : may hold 31160(11:05) Shai : but very high risk long now
13:55 Himanshu : BNF cash boom
13:55 Sandip : nice
13:55 Shai : BNF 31416 . Book half here and ride at cost some
13:55 Uttam : boom
13:55 Thanika : 131K!!
13:56 Jitender : (13:20) Jitender : once more 🙂 (13:10) Jitender : excess begets excess
13:56 Shai : +1
13:56 Jitender : 318-420
13:56 MJ : Found and so did i 31200 186 to 244 part out (13:06) MJ : 31403 level 32k buyer should find an exit?
13:56 KK : its a day to make easy money..:).+1 @Shai
13:56 Narendra : Quick Trade ….. 31300CE 162-185 …. fastest finger first
13:56 MJ : KK hola 🙂
13:56 MJ : yes.
13:56 Shai : BNF lopoking to swipe up
13:57 Shai : NF longs have liquidated
13:57 MJ : same zone action again
13:57 Shai : but still better cot on day
13:57 Narendra : #QuckTrade …… 31300CE 162-185 …. fastest finger first
13:57 Uttam : 31300ce OI needs to fall
13:57 Uttam : 8L now
13:58 MJ : Cheers room!
13:58 Himanshu : Uttam – *L – you mean cot
13:58 Shai : Book fully BNF 31409
14:00 KK : 944 coming ?
14:00 Himanshu : Spot BNF for 31350
14:00 Uttam : 31300ce 50% booked from 160 to 195
14:00 Sandip : aall out
14:00 Uttam : rest trailing to cost
14:00 Narendra : Congrats
14:01 Himanshu : Whatever I exited – Now shoing additinal – 3DT – FOMO
14:01 Uttam : (13:57) Uttam : 31300ce OI needs to fall(13:57) Uttam : 8L now down by 1 L
14:01 Sandip : 31350-31440…got back 2 Dt so finally +1 now for the day
14:01 Shai : Positional- Buy BNF 31430 sl of 31190 tgt 31784/ 31945
14:01 Uttam : super Sandip +100
14:01 Sandip : Thanks guys
14:02 MJ : Some context: 2 day composite https://mplite.vtrender.com/?symbol=NIFTY_E25-07-2019&tf=daily&tpo=2&isComposite=1&sp=1&startDate=28-06-2019&endDate=01-07-2019&nDays=3
14:02 Uttam : (13:13) Uttam : 11944 coming?(13:13) Uttam : NF needs to take out 11925 though first
14:02 Shai : thios COT is good for a long in BNF
14:02 Shai : second biggest post that 10.50 lows
14:02 MJ : I was long with OF and good greens at 11851, Added position when VAL crossed and 80% rule was in 🙂
14:03 Shai : swipe up is abv 31450 for a straight 150 point drive
14:03 Himanshu : Sabash,, Beta BNF
14:04 Uttam : (13:48) Uttam : 31300ce needs to get above 175 Shai for 210-230? happening
14:04 Rushabh : too many reds in NF?
14:06 Rushabh : -2lac cot again above this 11920 zone
14:07 Rajiv : yet not been able to bring it down
14:08 Thanika : that dip in NF must be a profit booking.. N50 Stock Futures OI dipped here
14:09 Himanshu : BNF spot – Spike
14:09 Thanika : hmm.. N50 dropping.. huge volume
14:09 Sandip : bnf should give 31500 taday the way it is moving
14:10 Sandip : Oh sad
14:10 Uttam : 199.9 high that 31300ce
14:11 Thanika : BN10 taking the same clue 🙁
14:11 Himanshu : BN Spot – Retraced from 31329.99
14:11 Jitender : timiely exit 🙂 (13:56) Jitender : 318-420
14:12 Sandip : that nifty comment saved my ass
14:12 Himanshu : 31330 Was Support yesterday,,
14:12 Sandip : Thanks Thanika
14:12 Anubhav : 11900 put 45-50 scalp done
14:14 Thanika : N50 gave up all its +ve bias it has built since morning.. neutral now
14:14 Sandip : +1 Jit and Anubhav
14:14 Anubhav : for me fresh sell below yvwap only now…
14:15 Thanika : BN10 also being forced out to give all its +ve bias 🙁 .. i hate these sellers!
14:16 Anubhav : hehe
14:17 Jitender : tis is all DII fault..tey artificially propped up at 11600 odd…n now diff type of fii offloadn coz of ghantamentals
14:18 Jitender : retail wud b lossing every day
14:18 Jitender : loosn
14:18 Jitender : we survive coz of VT
14:18 Uttam : 31420 start of 0s in 5mins
14:18 Uttam : BNF needs to get aboe it
14:19 Anubhav : budget ke baad asli crash ayega jit…
14:19 Anubhav : abhi to hope hai fir vo bhi nahi rahegi
14:19 Jitender : dunno man
14:19 MJ : bnf holds pdl and vwap and one more trade.
14:19 Jitender : 11k a srong MT supp now
14:20 Sandip : Budget on Friday right
14:20 Anubhav : yes
14:21 Sandip : yep
14:21 Anubhav : event day sell off possibble i feel
14:21 MJ : @Shai your tweet for long term view towards 12700. What is the TF you seeing? 2020 start?
14:23 Rushabh : creating value above 11920 is + right?
14:23 Sandip : bought low at 31390..
14:26 Shai : yes feb- march 2020- (14:21) MJ : @Shai your tweet for long term view towards 12700. What is the TF you seeing? 2020 start?
14:27 Shai : still looking for that BNF trade abv 31450 to finish today at 31600 plus
14:27 Himanshu : Am with you Chief ( Haha)
14:27 Himanshu : if bnf spot gun above 31350
14:27 Sandip : We are with you…:)
14:28 Anubhav : bnf cot is better than nf
14:28 Rajiv : those 31400 – 300 CE writers are going to be killed if this happens Shai : still looking for that BNF trade abv 31450 to finish today at 31600 plus
14:28 Thanika : there is steady OI increase in N50 & BN10 futures
14:28 Shai : NF shoukd do 11950 on this cot
14:28 Anubhav : thnx
14:28 MJ : Thanks shai. 🙂
14:28 Anubhav : sl in nf can be 11890
14:29 Himanshu : max pain again shifted to 31300
14:29 Jitender : Sl fr tis ? (14:27) Shai : still looking for that BNF trade abv 31450 to finish today at 31600 plus
14:29 Himanshu : which had comedown to 31200 in 1st Half
14:29 Jitender : once bnf goes abv 450 (14:29) Jitender : Sl fr tis ? (14:27) Shai : still looking for that BNF trade abv 31450 to finish today at 31600 plus
14:30 Thanika : BN10 Cash jumped up above HH
14:30 Sandip : boom boom time? or 15 mins left?
14:31 Anubhav : dekhte hai aaj ka algo episode
14:31 Thanika : N50 still waiting .. is it waiting for Uttam’s go! 😉
14:40 MJ : Uttam what’s ib in your system?
14:42 MJ : Sorry, for split second ib on mplite showed 36. ignore.
14:44 Thanika : looks like some PB happening in N50/BN10 futures.. OI dropping
14:47 Thanika : RB at 914?
14:50 Thanika : BN10 OI down with upmove.. shortcovering?
14:50 Himanshu : Aaaja Beta BNF
14:52 AmitJ : himanshu sell 1 lot 😀
14:52 AmitJ : phir jayega
14:52 Thanika : lol 🙂
14:53 Govind : New MBs in both
14:54 Thanika : N50 seems to be good today.
14:54 Thanika : BN10 spiked up
14:55 Thanika : BN10 OI what a spike man!
14:56 Himanshu : yes
14:58 Thanika : BN10 OI spiking up again.. not sure what it means.. and N50 OI too.. smarties are upto something..
14:59 Govind : VIX at DL and 3 pm coming up
14:59 Boppanna : We are right around there 13:51 Shai : if we are abv 31400 by 3 pm there is a good positional long setup in BNF today
14:59 Uttam : 3:05 move coming taday looks like
14:59 Govind : gogogogo
15:00 Thanika : N50/BN10 cash is also HH breaking ..
15:01 Uttam : (13:13) Uttam : 11944 coming?(13:13) Uttam : NF needs to take out 11925 though first…done
15:01 Thanika : +100.. super
15:01 Jitender : +1 Uttam
15:01 Narendra : 31300CE 155 – 182 …… all out …. done for the day
15:03 HPandey : shorts which covered today .. some are back now ?
15:03 HPandey : shai?
15:03 Uttam : Neutral Extreme aaja BNF mein
15:04 Uttam : time starts now…
15:04 Thanika : +1 🙂
15:05 Thanika : Cash OI dropping now.. may be PB
15:07 Thanika : OI up again… shorts?
15:09 Sandip : nf hits day high…bnf lagging
15:10 Thanika : N50/BN10 cash res.power dropping.. slowly.. but OI up.. smarties must be doing some shorts in stock futures..
15:10 Rushabh : spike in broader mrts
15:10 Rushabh : markets
15:11 Thanika : i am trying to interpret as Sandip mentioned.. NF down, OI up – must be shorts 🙂
15:12 Thanika : in this case N50 down, N50 volume power down, but its Fut.OI up!
15:14 Thanika : RS at 11940
15:14 Shai : 11948- (14:28) Shai : NF shoukd do 11950 on this cot
15:14 Uttam : +1 Shai
15:14 Anubhav : gr8]
15:14 Shai : don’t knw what happenedto BNF not taking out 31450
15:15 Thanika : all gone in BN10
15:15 Uttam : morning tail Shai
15:15 Uttam : looks like some seller still active there
15:15 Shai : should have taken it out over vwap
15:15 Thanika : someone is selling BN10 in upmoves.. they brought that to -ve 🙁
15:15 Thanika : N50 seems ok with 50K in positive teritory…
15:16 Shai : COT is holding up , so may be tom
15:16 Uttam : NF Neutral Extreme
15:19 HPandey : shai we started with -5lakhs COT in NF and now at +3 lakhs so can say some shorts are still there?
15:20 Shai : no COT high is +6.45
15:20 HPandey : but now its 3
15:20 Anubhav : dpoc didnt move up in nf shai..canwe get a 45 degree move tomorrow at open?
15:20 Shai : shorts reversed to longs and holding some
15:21 Anubhav : down
15:21 Sandip : bnf cot also strong
15:22 HPandey : yesterday day cot was -5 lakhs today cot is +3 lakhs so still 2lakhs deficit
15:22 HPandey : unless day cot is cumulative figure?
15:22 Thanika : somehow, i counted the BN consituents as BN10, actually they are BN12.. i will correct in my messages.. script had all 12 🙂
15:23 Shai : Yes Himnashu
15:23 Shai : Net COT is positive today from series
15:23 Shai : will post chart
15:24 Rushabh : shai series COT also needs to be watched?
15:24 Uttam : massive addition in 11850pe
15:24 Shai : for cumulative
15:24 Shai : think a dip tom to 11910 will be bought
15:25 Rushabh : got it
15:25 Shai : expecting those guys who covered 11922 today to add back on the next dip
15:26 Anubhav : ok
15:29 Shai : Bye all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Have a nice evening
15:29 Shai : catch up tom
15:29 TP : Bye All.
15:29 Thanika : Bye all
15:29 AmitJ : bye all