Order Flow charts dated 2nd Nov

The key to using order flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The order flow is like a list of trades and helps to know how other traders are placed in the market

Vtrender helps you to stay on top of the Market by understanding Order flow. This increases your flexibility, your data analysis capability and your winning trade signals. And you make your existing systems better.

NF

30 Min Fp Nf 1 Order Flow Charts Dated 2Nd Nov Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

 

 

 

 

 

 

 

BNF

30 Min Bnf Bid 1 Order Flow Charts Dated 2Nd Nov Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

 

 

09:01   Vtrender Live : (08:59) Vtrender Live: option screen – https://join.me/867-591-171
(09:00) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/884808973

09:17   Shai : (09:17) Shai : POsitional 10500 ce at 186. Book half and raise SL to 160 on rest

09:28   Shai : (09:28) Shai : Intra – Buy BankNifty 25648 sl of 25560 tgt 25750

09:35   Shai : (09:35) Shai : Book the BNF trade at 25678

10:05   Shai : (10:04) Shai : Book fuly the 10500 CE at 205

11:06   Shai : (11:06) Shai : Intra – Buy Nifty 10583 sl of 10552 tgt 10623. Trade a smaller size

11:44   Shai : (11:44) Shai : NF at 10607 Book half and ride a few at 10580

12:24   Shai : (12:24) Shai : Clsoe out the Balance in the NF longs.

12:41   Shai : (12:41) Shai : Intra – Buy BankNifty 24788 sl of 24698 tgt 24900

13:45   Shai : (13:45) Shai : BNF at 25838 > Book the longs fully

14:24   Shai : (14:24) Shai : Positional – Buy 10600 puts at 105 sl of 155 tgt 290. Trade 50%25 size only

 

 

08:59   Vtrender Live : option screen – https://join.me/867-591-171
08:59   Ashish : GM all
09:00   Sakthi : gm
09:00   Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/884808973
09:04   Shai : GM all
09:06   Uttam : Good Morning All 🙂
09:06   Santhanam : GM all
09:07   Shai : https://vtrender.in/market-profile-analysis-dated-1st-nov/
09:07   Kathir : GM shai all
09:07   Utkarsh : Good morning all
09:07   Jitender : Gm Folks 🙂
09:08   Favi : GM all
09:09   Shai : The scheduled open for today looks to be higher than the balance and value seen yesterday
09:09   Shai : Imbalance to Balance and next imbalaance continues to be the theme
09:09   Shai : 10447 on the lower side will be the ref area
09:10   Shai : 10516 expected to run and see intra supply as mentioned in the hypos of the link above
09:12   Manish : gm everyone
09:12   TP : GM All.
09:16   Uttam : 14:18 Uttam : BNF can do 25600 Shai by next week? had asked this to Shai day before nut BNF hitting this today itself looks like
09:17   Uttam : BNF completes 2ATR from that FA of 24625
09:17   Shai : POsitional 10500 ce at 186. Book half and raise SL to 160 on rest
09:17   MJ : Up and above oct vwap.
09:18   Uttam : 25599.95
09:18   Uttam : 25600 high BNF
09:18   Uttam : to the dot
09:18   Uttam : gap up + drive here?
09:19   MJ : +1 uttam 🙂
09:20   Jitender : 4 mins..no carry over pos & DT done 🙂
09:20   MJ : Nice 5 min volume compared to previous days.
09:20   Shai : 740 visible in the BNF
09:20   Sandesh : @192 10500 Ce 75% Out
09:21   MJ : Jit how you do it? 🙂 Just amazed.
09:21   MJ : Congratulations.
09:21   Shai : +1
09:21   Jitender : H/w
09:21   MJ : Sandesh 50% out too.
09:21   Jitender : tx guys
09:21   MJ : Can you drive us through the process in your 10 min break times?
09:21   MJ : Time*
09:21   Uttam : wow Jit 🙂 amazing stuff, Congrats & keep rocking
09:22   Shai : amazing indeed. Congarts
09:22   Uttam : told you yesterday you will get back that 1.3 what you lost plus more 🙂
09:22   Jitender : tx Shai, Uttam & M
09:22   Sumit : these reds are profit booking ?
09:22   Jitender : kind words Uttam….
09:22   Jitender : Mihir have posted my open trades in random channel…chck
09:23   Shai : yes Sumit
09:23   Shai : still greens in NF at open
09:23   Shai : we have seen good demand all this week
09:23   Shai : even yesterday
09:24   Shai : posted a chart of the hevay demand yesterday- https://twitter.com/Am_Shai/status/1058004211768668165
09:24   Jitender : yes Shai ..tx fr it
09:25   Uttam : BNF high exact weekly vpoc of 25648 so far
09:25   Favi : shai down side ref for bnf?
09:26   Uttam : 25540 sup in BNF now Shai?
09:26   Favi : thnks
09:26   Sandesh : Jitte.. Congrats buddy…
09:27   Jitender : u 2 bro
09:27   Manish : jit, congrats !!
09:28   Shai : Intra – Buy BankNifty 25648 sl of 25560 tgt 25750
09:29   Manish : jit, i don’t know if you are attending workshop tomorrow. But it would have been great if you could have given a talk on risk management, trading methodology.
09:29   Jitender : Manish..my teacher is tere …Shai
09:29   Jitender : m travelling from morrow till 9th
09:30   Jitender : hopefuuly
09:30   Jitender : tx u fr yr kind words
09:30   Manish : Teacher plus expert disciple is even better 🙂
09:30   Jitender : u have 2 call Uttam & Rk..ten
09:30   Jitender : or Tej…the champ of fast trades
09:31   Jitender : the idea to share to tell u guys & remind u of the power of VT
09:31   Manish : +1
09:32   Jitender : stay here n learn n evolve
09:33   MJ : Done DT jit 🙂
09:33   MJ : NF jindabaad.
09:33   Jitender : congrats
09:33   MJ : Sandesh 555
09:33   MJ : 🙂
09:33   Sandesh : 🙂
09:34   Sandesh : shhhhhhhhhhhhhhhhhhhh
09:34   MJ : Ok
09:35   Shai : Book the BNF trade at 25678
09:36   Shai : BNF meetimg supply here
09:36   Shai : NF is definitely stronger of the 2
09:37   MJ : Test of vwap in nf will be nice.
09:37   Shai : yes could come in BNF
09:37   MJ : Yes.
09:42   Francis : Is TD working for you guys? looks like stucked again
09:45   Cyrus : @shai can you please adjust the 30 min bnf screen
09:46   Cyrus : Great, thanks
09:53   Shai : another 20 odd points of upside may be there in NF still intra
09:53   Shai : but supply is coming back here
09:53   Shai : still not a short though new long is getting riskier
09:54   Shai : will stay out till IB gets done
09:54   MJ : 10581 visible Shai?
09:54   MJ : 555 done almost.
09:55   Kunal : noob qn – the yellow line on mp chart for nf at 10548 is what??
09:55   Uttam : current price Kunal
09:55   Shai : yes 10581
09:56   Uttam : 51k green at top in NF
09:56   MJ : SL looks like Uttam.
09:56   Manish : another noob qt:) what do the red and green lines moving with the bars on OF indicate ?
09:57   Uttam : candle stick bar they are Manish
09:57   Uttam : 1.5L seller in NF
09:57   MJ : Mass swipe.
09:57   MJ : SL’s.
09:57   MJ : 10 short of 581
09:57   MJ : Booked all longs. 🙂
09:57   Manish : no, the red and green lines (horizontal)
09:57   Uttam : 2.4L reds at top
09:57   Uttam : those are boxes?
09:58   Uttam : or the bands?
09:58   Kunal : that’s such a bad qn then.. i was fixated on the asterisk. kinda like the eye of the fish that Arjuna was asked to look at 🙂 thanks
09:58   MJ : Manish it is similar to Hull indicator. changing colors in 5 min right?
09:58   Manish : no, the red and green lines moving from one bar to next
09:58   MJ : Tells you net delta via pink or green.
09:58   Uttam : oh on the 5min line whcih changes color you mean Manish?
09:59   Upendra : 154k on sell side on NF
09:59   Sandesh : 205… 10500 ce.. all out
09:59   Manish : yes uttam
10:00   Manish : mj, ok. although did not understand 🙂
10:01   MJ : The colour of that line changes as per the net buyer and seller.
10:01   Uttam : @Manish that green means buyers are more than sellers & vice versa
10:01   MJ : I think they are coded by Shai.
10:01   Uttam : average OF for 5mins
10:01   Abhishek : Is that 2.4Lk red at top in NF stops or fresh seller?
10:01   Uttam : The green and the pink moving line is the averaged price of the volumes appearing on the chart.The green would denote buyers and pink sellers.These are called the OF lines
10:01   Manish : mj, uttam, ok. thnx
10:02   Manish : uttam, there are 3 colors. green, pink and red 🙂
10:03   Uttam : green & pink keep changing
10:03   Uttam : red a the high of teh day line
10:03   Uttam : red is the high of the day line
10:03   Manish : ok thnx
10:04   Shai : first of the big sellers are here
10:04   Shai : big artillery coming
10:04   Manish : tej, a while back you had mentioned a setup to trade using green and pink lines on OF. Can you please post on slack when you get a chance ?
10:04   Shai : Book fuly the 10500 CE at 205
10:05   Uttam : @Manish go through this link https://vtrender.com/trading-room-charts-explained-3/
10:05   Kunal : shai – when u see a large trade like that is it a safe bet to close a position quickly, what is the probability you have seen that the trend continues in the face of such large selling pressure ?
10:06   Kunal : empirically?
10:06   Manish : thnx uttam
10:08   Shai : Trade booked becuase we are near the higher objective if 221. High was 211. 10 points lost to vix
10:09   Shai : at this moment this red on screen is a pointer to those longs we saw past 3 days booking out
10:09   Shai : I need to see new reds below vwap to convince me that new shorts are in the tape
10:09   Kunal : ok. thanks
10:10   Shai : vwap and IB extension to watch
10:12   Jitender : vix below 18 🙁
10:12   MJ : Shai one good trade there 🙂
10:13   Jitender : it was good 2 know vix abv 18..wile it lasted
10:13   Eric null : why is vix important ??
10:14   MJ : Eric it is like oxygen for ID traders 🙂
10:14   Jitender : Eric for a trader higher vix denotes higher volatility…hence more oppr
10:14   MJ : Realised quite late that I love ID because of it.
10:14   Kathir : more oxygen more energy 🙂
10:14   Eric null : ohh
10:15   MJ : Marginal spot high done.
10:17   Uttam : we are going for that 10590 on Spot looks like
10:17   MJ : 579(09:54) MJ : 10581 visible Shai?
10:18   Uttam : https://vtrender.slack.com/archives/C0F2X2TFW/p1541132283007900
10:18   MJ : Nice one Uttam.
10:19   MJ : 219.9 on that ce shai 🙂
10:19   MJ : Done.
10:19   MJ : 221.5
10:23   Uttam : BNF going for that vpoc of 25770?
10:24   Cyrus : WOuld it be safe to enter here ??
10:25   Shai : 10560- 70 are new NF buyers
10:25   Shai : but old platers still selling inventory
10:26   MJ : Shai 111 tail inventory of longs + 240 flip zone are managing this show. Demand set since start of Nov series.
10:26   Shai : big chances that the gap of today may not close intra now
10:27   Uttam : (09:18) Uttam : gap up + drive here? Cyrus time to go long was at open when we saw this
10:27   Shai : vwap may see realignment
10:27   MJ : 27 pt up that vwap since open.
10:28   Cyrus : (10:27) Uttam : (09:18) Uttam : gap up + drive here? Cyrus time to go long was at open when we saw this —–> Yes i agree, i was late today, hence missed the entry. My system had generated a buy from 25690… 🙁
10:28   Boppanna : +1 ..2 points short 09:20 Shai : 740 visible in the BNF
10:28   Uttam : any dip to vwap you can enter fresh longs
10:29   Uttam : 10545 ext handle in NF plus vwap also there
10:29   Cyrus : @Uttam in the Delta Stack next to bnf 30min what is that black graph on the left corner ??
10:30   Uttam : those are the volume spikes where the spike is the longest you have max vol
10:31   Prudhvi : looks like a trend day no?
10:31   Cyrus : Ok, so any color indication or is it generic ???
10:31   Gaurav : BNF has volumes, NF has todays date, can we change that also to volumes (in thousands) to make it legible
10:32   Gaurav : talking about delta stack charts
10:34   Gaurav : @uttam can you also add those delta stack charts with the order flow charts in evening reports, or the intent numbers for the day just
10:38   R Goel : can anyone let me know the vwap of trend day on the 17th
10:40   Uttam : NF or BNF RG?
10:40   Uttam : its there in the blog
10:41   Uttam : 25500 & 10550 it was for Oct but for Nov fut it is 10613 & 25580 i think
10:41   R Goel : NF
10:42   Uttam : (10:23) Uttam : BNF going for that vpoc of 25770? almost done
10:42   Uttam : 25761 high so far
10:42   Uttam : 25792 is 1.5 IB in BNF today
10:43   Uttam : (10:17) Uttam : we are going for that 10590 on Spot looks like….20 more to go for this
10:47   Shai : C period done
10:47   MJ : Phew.
10:47   Shai : eyes on IBH
10:47   Shai : 571
10:48   MJ : No 3 tpos printed since morning.
10:49   Sumit : 25700 in BNF IBH +
10:49   Kunal : again like yesterday, we can keep a watch for nf behaviour at IBH and consider a short if we see selling pressure?
10:49   Vivek : give us a vWAP
10:50   Kunal : and if we do so, target for part booking could be vwap with more to consider for IBL? is that fair?
10:51   Shai : yes
10:52   Uttam : (10:42) Uttam : (10:23) Uttam : BNF going for that vpoc of 25770? almost done, fully done 25775 high so far
10:53   MJ : Super uttam 🙂
10:53   Kunal : thanks
10:55   Pradeep : Kunal, i see the diff between IBH and vwap is very less. 30 pts in BNF and 20 pts in NF
10:58   Uttam : @Pradeep for contra trend trades keep your targets small only & best to book early
10:58   Sandesh : +1 uttam
11:00   Pradeep : ok Uttam
11:00   Vivek : shai/uttam, if NF breaks VAH higher chance of visiting VAL?
11:00   Kunal : yes Pradeep, so u mean to say that if you were to take a trade you wouldn’t part book at VWAP? Rather let it ride?
11:01   Kunal : ok Uttam, just saw your msg to Pradeep..makes sense
11:01   Pradeep : ha ja.. i am not trying my luck on contra trade unless Shai gives a trade!
11:04   Eric null : Today i feel like we are group of lions wanting quietly for thr chief to signal attack….
11:04   MJ : Touch of extensione and first bounce.
11:04   MJ : 572
11:06   Shai : Intra – Buy Nifty 10583 sl of 10552 tgt 10623. Trade a smaller size
11:08   Boppanna : Shai BNF options not possible to display today?
11:10   Shai : will add Bopp
11:11   Boppanna : Thx 25600pe/25700ce would be great
11:12   Shai : Intra move is to trade the trend which is good above vwap now and ofc IBH
11:12   Shai : but my conviction is not there on the long side in this move up
11:12   Manish : MJ, extension at 10572. How did you get this ?
11:12   Shai : so hence ttrade smaller
11:13   MJ : On MP chart see 545? we had 572 too. Singles.
11:13   MJ : Butter Knife profile.
11:13   Shai : I may consider going home with puts of 10500 near 3 pm if intent is this big at close and shorty covering does not come
11:13   Manish : thnx MJ
11:18   Uttam : Shai can we consider this move in BNF a move away from that monthly balance of October or needs to get above highs of 25915 Spot?
11:23   Shai : That second round up was through that Trump news on China today
11:24   Shai : Don’t get carried away too m uch on the long side here
11:24   Jitender : n crude also crashn
11:24   Shai : Trump needs to be investigated
11:24   Shai : 🙂
11:25   Jitender : 🙂
11:25   Shai : Like KIM who was doing the index last year 🙂
11:25   Shai : He tweeted also on the correction in SPX and it started rallying
11:26   Jitender : he views his performance via spx
11:26   Manish : Apple beat expectations but stock is down 11% after hours. If it remains down at open today, it will bring down DOW also.
11:26   Shai : He bought that dip at 12.30 pm Nov 8
11:26   MJ : Once a trader always a trader Shai 😉
11:27   MJ : He knows how peole dance to his tweets.
11:28   Uttam : (10:42) Uttam : 25792 is 1.5 IB in BNF today… 8 more points for it
11:28   Uttam : 4 more now
11:31   Shubro : Uttam on the delta stack for BNF lots of red numbers at top?
11:32   Shubro : What is the interpretation?
11:33   Uttam : the numbers are the sellers & buyers marked
11:34   Shubro : so more sellers building up i.e. those in red?
11:34   Uttam : sellers have been more in this umove whcih is normal as longs keep booking & you get responsive sellers also
11:34   Shubro : okay i see thanks
11:34   Uttam : but we need to see if those sellers are able to make some effect on the price
11:34   Uttam : for now we have a gap up plus OTF up
11:35   Uttam : staying well above vwap & IBH now for good time
11:35   Shubro : so stay safe till it comes towards VWAP?
11:35   Shubro : or long with small size as shai mentioned?
11:36   Jitender : have 2 clock out guys…have a terrific weekend
11:36   Shubro : bye Jit have a great weekend
11:36   MJ : Jit happy and safe travel.
11:36   Jitender : tx guys n wish u the same
11:37   Shubro : Shai using our learnings here under what conditions would one remaing long or short overnight?
11:38   Shubro : as in todays context if say the price hovers around this region for a long period??
11:38   Shubro : do you advice carrying trades into the wekeend aand next week for example?
11:40   Kathir : @ uttam intent NF ?
11:40   Uttam : yes Kathir Shai was mentioning that he would be looking to carry 10500pes at close if intent remains this way
11:41   Kathir : ok . ty
11:41   Uttam : 10590 spot is what I feel can be objective of this move in Nifty
11:41   MJ : Done uttam 🙂
11:41   Uttam : BNF 25794
11:41   Shai : @shubro I thjink I addressed that above. Please scroll up
11:42   Shubro : ok
11:42   Shubro : ah missed that thanks Shai
11:44   Uttam : Nifty Spot makes new highs but NF does not
11:44   Uttam : 10575 new hgih 15 more for that 10590
11:44   Uttam : now NF also boom boom
11:44   Prudhvi : done
11:44   Uttam : 10613 is the trend day vwap
11:44   Shai : NF at 10607 Book half and ride a few at 10580
11:45   Uttam : 10618 is 1.5 IB in NF
11:46   Uttam : shortsshorts being forced to cover in NF?
11:47   Vivek : @shai, need to scroll BNF 30min
11:48   Uttam : (11:44) Uttam : 10613 is the trend day vwap…NF high so far 10612.7
11:48   Uttam : BNF can do 25860 Shai?
11:49   Shai : 25860 in there for BNF
11:49   Shai : 2IB
11:49   Uttam : 25860-890 now next level to watch in BNF
11:49   Shai : 10640 revised intra tgt for NF
11:50   Shai : as long as vwap remains today don;t look for shorts til 3 pm
11:51   Uttam : (10:17) Uttam : we are going for that 10590 on Spot looks like…Nifty Spot hgih so far 10584.2
11:51   Shai : we are doing a reverse in the profile of 17/10 which has vwap and POC at 10655- 10680
11:52   Shai : There was heavy selling at the top end of that profile and I would think they come back to sell near the close
11:55   Shubro : Shai will it be correct to say that at the moment, the OTF buyers have already bought and all buying now mostly responsive buyers?
11:57   MJ : Shai big shout out to make us trade in any condition. It is like an army training. Getting ready for all kinds of weather.
11:57   Manish : Shubro, initiative buyers now. MJ, right ?
11:58   Shubro : hi Manish , yes trying to get a handle on that concept give n that we had a good up move
12:00   MJ : Yep manish.
12:00   MJ : OB
12:00   Shai : big guys bought the lows below 10200 and are now selling off to the retail
12:00   MJ : IBuyers*
12:04   Sandesh : @97 10300 Pe taken.. 50%
12:06   Uttam : 10400 PCR still at 0.94
12:07   Uttam : though 10500 PCR is also rising since morning
12:07   Uttam : 0.83 that is
12:07   Vivek : looking to short below 10572 to cover @ VWAP
12:07   Vivek : is that advicable?
12:08   Uttam : IBH & vwap getting aligned in NF
12:12   Shai : It’s 10 points yes can take it
12:13   Vivek : Thanks Shai 🙂
12:13   Shai : Guys planning a webinar on OrderFlow on Monday at 4 pm here . We will review the week and how we go to this point here and talk more on what to watch in these charts
12:13   Shai : Post market hours
12:14   Shai : Monday- 4 pm
12:15   Shai : so do bring your questions
12:15   Vivek : Nice
12:15   Kathir : TY shai
12:15   Uttam : great Shai +1
12:16   Shubro : wow thanks much needs
12:16   Shubro : *needed
12:16   Shubro : Shai is there somewhere i can send some questions in advance for you to consider if you have time?
12:18   Eric : great, Thanks Shai
12:22   Shai : send Q to support@vtrender.com but the webinar is a 2 way mode and can ask there also
12:22   MJ : Shai bnf for 680
12:22   MJ : ?
12:23   Shubro : Great thanks
12:24   Shai : Clsoe out the Balance in the NF longs.
12:24   Shai : One time frame has stopped
12:24   Shai : P at work
12:25   Abhishek : WHAT IS p?
12:25   Abhishek : What is P?
12:29   Uttam : P is a profile type
12:29   Uttam : you can see the profile chart today is in a shape of a ‘p’
12:30   Gaurav : Shai, considering a FA on Nifty and banknifty of 31st of 10111 and 24625 respectively, any early indication of whether it should be revisted in T+5?
12:31   Kathir : intent widening in NF – reds
12:31   Uttam : we are more than 2ATR away from those FAs now Gaurav
12:31   Uttam : so now they are positional supports
12:31   MJ : Uttam needs to allove us to break and be below that green band in 30 min.
12:31   Gaurav : Thanks Uttam.
12:31   Uttam : dont see them being tagged in t+5 after a 2atr move away
12:32   Gaurav : Noted. \
12:32   Uttam : Nifty Spot objective almsot done Mihir so take it where you want 😉
12:32   MJ : Thanks Uttam 🙂
12:34   abhishek sharma : well any trade is there now or not shai
12:34   Eric : @shai, why do we trade in one asset class and other in crudeoil or currency, from what i am reading everyone seems to contra others views, as a newbie what advice you have and whats ur view on same
12:36   Kunal : is there a good not on exact identification of an FA and revisit logic?
12:37   Kunal : *note
12:38   RK : GA Shai and all
12:39   RK : Rain and trend day what a combination
12:39   RK : MOnsoon starts in south
12:40   Boppanna : RK You did point the dirction with a Diwali rally hint..so Nifty had to oblige
12:40   Shai : HI RK
12:41   Azmath : Hello All Newbie’s, learning MP is a long process, you guys are in the best place to learn it. Please give some screen time, follow the MAsters here in the room.. Observe how market evolves. Make notes keep reading MoM. Things will be lot clearer. Just a small suggestion from me.
12:41   Uttam : welcome RK, Nifty spot doing all the targets of that profile chart I shared with you on Saturday
12:41   Shai : Intra – Buy BankNifty 24788 sl of 24698 tgt 24900
12:41   Uttam : 25788 SL 25698 T 25900
12:42   RK : Bop 🙂
12:42   RK : Uttam good
12:42   Manish : shai, thanx a lot for the Monday webinar. Reading OF is tough atleast right now.
12:42   MJ : +1 AZ.
12:43   MJ : You gave me best diwali gift last year.
12:43   MJ : Results showing this year.
12:43   Shai : +1 AZ= (12:41) Azmath : Hello All Newbie’s, learning MP is a long process, you guys are in the best place to learn it. Please give some screen time, follow the MAsters here in the room.. Observe how market evolves. Make notes keep reading MoM. Things will be lot clearer. Just a small suggestion from me.
12:43   Manish : 12:24 Shai : One time frame has stopped; uttam, MJ, how do we infer this from the P profile ?
12:43   Uttam : yes Azmath +1 I have been in that process
12:44   Manish : how do we infer that OTF has stopped ?
12:44   Uttam : G made lower low then previous period
12:44   Uttam : but we also had the first pullback & dip to vwap
12:44   Uttam : whcih was defended that is why the long call in BNF
12:45   Shai : Give your selves time guys , everyone has their own pace but certainly don’t expect to know all this in a month or two even 3 . Allow time it will fall in place
12:45   Uttam : +1 Shai
12:45   Manish : ok thnx. if OTF had continued, P profile would have morphed into a bell shape ?
12:45   Azmath : +2 years still learning
12:47   Shai : ++
12:48   Manish : if the entry barrier to master MP/OF is high, the rewards will also be high once you master it :))
12:51   Navin : shai banknifty price and sl not proper…..pls have a look again
12:51   Uttam : (12:41) Uttam : 25788 SL 25698 T 25900
12:51   Uttam : Navin
12:51   Navin : ok
12:54   abhishek sharma : what is happening in nifty can you tell uttam
12:54   abhishek sharma : buyers r in control or sellers
12:54   abhishek sharma : in last 30 min candle
12:55   Manish : looks like buyers stronger than sellers
12:55   abhishek sharma : is there chance to see more upside in nifty???
12:56   RK : Just read comments..learning MP means you are learning market structure,price auction,context behind everything and it tells you what to do when to do and what should not be done..so its not about like you are learning a new system..but unlearning all your wrong learning and exploring smthing new..it will certainly take sm time and believe me its worth it..but no short cuts pls to look for simple buy and sell from setups..dig deeper behind everything
12:57   Uttam : +100 RK and we have your gems with us to make the concepts so much more clear
13:02   Uttam : (11:48) Uttam : BNF can do 25860 Shai?
13:04   Cyrus : Hoping for BNF to complete 25890 today
13:05   Uttam : almsot 30k reds at top in BNF
13:05   Abhishek : What is at 25890?
13:05   Uttam : BNF probable target for intra
13:05   Abhishek : ok
13:06   Uttam : 2IB
13:07   Uttam : they are also the start of the selling tail of 17th Oct trend day down for Nov BNF
13:08   Uttam : and Oct BNF high if that day 25892
13:08   Cyrus : (13:08) Uttam : and Oct BNF high if that day 25892—> +1
13:09   Cyrus : If the momentun continues then gap fill 26500++
13:12   Manish : RK +1000
13:12   Uttam : one step at a time Cyrus that 26060-135 will be first level to sustain above 25900
13:13   Manish : I am happy just learning in the room and not trading. Trading spoils everything :))
13:14   Cyrus : (13:12) Uttam : one step at a time Cyrus that 26060-135 will be first level to sustain above 25900—-> Yes
13:15   Abhishek : Any thought process on when to conclude that the present trade is not going as planned?
13:15   Shai : break to 10640 coming up
13:15   Shai : sl of 10567 vwap
13:16   RK : new IPM today
13:16   RK : gap+drive+singles combo
13:17   Uttam : BNF also moving away from monthly bell RK?
13:17   Cyrus : @Uttam that 35k seller still active ??
13:17   RK : yes
13:18   Uttam : @Cyrus we have been getting reds aince morning & trending up
13:18   Uttam : so on a day like this til lwe are above vwap & IBH can safely ignore the reds
13:19   Cyrus : Yes, thats exactly why i am still holdng the longs
13:20   abhishek sharma : nifty can blast in comming few min shai
13:20   abhishek sharma : or not?
13:20   abhishek sharma : can ralley up till 10640 this what you mean
13:21   Uttam : in few mins!!! abhishek celebrating Diwali with Nifty as a cracker is it 😉
13:21   abhishek sharma : ha ha ha
13:22   abhishek sharma : going to blast
13:22   Cyrus : bnf needs a strong push above 830-35..
13:22   Uttam : 68700 at top in NF new highs
13:22   Uttam : BNF new highs 25848
13:22   Kunal : at 25840 in bnf that may be stops in red?
13:24   Manish : rk, are you coming for the workshop ?
13:24   RK : no
13:24   Cyrus : with another 20k cr coming into banks from govt. emotions should take bnk higher…
13:24   Uttam : Mumbai too far for RK, Bangalore was ideal but missed the chance to meet you RK 🙂
13:25   RK : yes missed BLR badly
13:25   RK : and Shai didnt plan Chennai one 🙂
13:25   Uttam : will ask Shai to have one more here 😉
13:25   abhishek sharma : are they 84k sellers in nifty at top uttam
13:25   Manish : we should have a workshop every 6 months at different locations.
13:26   Sandesh : Shai.. plan one in Goa.. in March
13:26   Shubro : yes Goa would be great!
13:26   Uttam : a VT get together there would be awesome
13:26   Shubro : wife has been nagging for a while 🙂
13:40   Shubro : Uttam on the OTF charts there is a small triangle on bottm right what is that indicator?
13:41   Kunal : the mp chart on bnf has stalled, please refresh. Thanks
13:44   Shubro : sorry order flow chart i meant not OTF
13:45   RK : around 30 all day pullback levels NF
13:45   Shai : BNF at 25838 > Book the longs fully
13:46   Uttam : yes RK 10612-10571 & 10619-10591
13:46   Kunal : what a nice flush of weak longs in nf and bnf
13:46   Uttam : and now making new highs
13:46   RK : 603-572
13:46   Kunal : and a rip
13:46   Uttam : Nifty Spot hits 10590 vpoc 🙂
13:46   Uttam : +1 RK missed that first pullback
13:47   Uttam : @Shubro what traingle that small white one?
13:48   Shubro : yes Uttam
13:48   Uttam : thats just a marker I guess Shubro
13:49   Manish : RK : around 30 all day pullback levels NF; what does this mean ?
13:49   Abhishek : Why longs in BNF exited?
13:49   Uttam : overlapping POC on 30mins at top
13:49   Uttam : better to book profits & buy on dips
13:50   RK : MAnish anythng above 30 means probability of trend day is over Manish
13:50   Abhishek : Ok Thx Uttam
13:50   Uttam : and also its that time of afternoon when you can get a pull back
13:50   Uttam : trend day pull back
13:50   Abhishek : ok
13:50   RK : so if you are buying a pullback on trend day then buy close to that 20-30 pullback and keep SL around 50 for example..one wayof trading it
13:51   abhishek sharma : uttam will these concept will be cleared in the workshop
13:51   Uttam : abhishek as menitoned before it is not a one day thing, you need to keep up the learning curve
13:51   Shubro : RK terminolog clarification…when you say 20-30 pullback does it mean nubmber of points in the instrument?
13:51   Uttam : yes Shubro
13:51   RK : Shubro yes its for NF
13:52   Shubro : ok great thanks
13:52   RK : so every instrument got its own rotation based on day type
13:52   abhishek sharma : yes this to i nkow but i am asking for the terms you people talk many things i didnt understand
13:52   Manish : rk, uttam, ok. so if any pullback today was more than 30 points it signals end of trend day ?
13:53   RK : yes Manish thats the probability..Just dont stick to exact 30 just see that as a context and watch charts accrodingly
13:53   abhishek sharma : after attending this workshop i will understand the terms u people talk na
13:53   Kathir : RK but it still holds IBHh and vwap right ?
13:53   Manish : rk, yes. i was just going to ask how did you arrive at the number 30 ?
13:53   RK : Kathir yes very much intact TRend day
13:54   RK : Manish I didnt arrive mkt is doing such rotation since morning after every swing
13:54   RK : check charts
13:54   Kathir : ok
13:54   Manish : ok. got it. today’s pullbacks till now did not cross 30.
13:55   RK : Kathir when trend day is intact you dont have much of work so thinking contra is not harm but doing contra on trend day is brutal 🙂
13:55   Uttam : A period singles are very important guys
13:55   Uttam : that means OTF there at open
13:55   Uttam : 25860 done BNF
13:56   Shubro : so Uttam 25860 is above DHI now so wait and watch or prob of climbing higher as delta positive?
13:57   Shubro : if i am watching 30 min chart
13:57   Uttam : Trend day close will be at highs Shubro
13:57   Uttam : so on 30mins post 2:30 prev 30min low should not be broken
13:57   Cyrus : 25890 done…
13:57   Shubro : right.
13:57   Uttam : and then you can carry longs
13:57   Shubro : I see
13:58   Shubro : noted very good thanks Uttam
13:58   Favi : 46 k red bnf?
13:58   Sumit : stop order
13:58   Prudhvi : sl at 2ib
13:59   Manish : Uttam : so on 30mins post 2:30 prev 30min low should not be broken; is that a general pattern, uttam ?
13:59   Manish : to carry longs
14:00   Uttam : (13:07) Uttam : they are also the start of the selling tail of 17th Oct trend day down for Nov BNF(13:08) Uttam : and Oct BNF high if that day 25892
14:00   Uttam : BNF high so far 25898
14:01   Uttam : 25902 was start if selling tail of Nov BNF on 17th
14:01   Uttam : 46k red there
14:02   Uttam : @Manish best way to trade a tredn day is enter postiions when you see the drive up in morning & part book once IB is done & trail rest to cost
14:03   Uttam : rest positions you can enter when you have a dip to vwap or an afternoon pullback
14:03   Shubro : very useful guidance thank you Uttam
14:03   Uttam : (11:49) Uttam : 25860-890 now next level to watch in BNF
14:04   Manish : thnx uttam
14:05   Uttam : 10571 whcih was IBH also is the pull back low in NF today so far
14:06   Uttam : imp level going forward
14:06   Kathir : bnf high + 1 uttam 🙂
14:07   Uttam : thanks Kathir 🙂
14:07   Uttam : welcome Shubro & Manish 🙂
14:08   Uttam : NF also has tagged a vpoc at 10631
14:08   Uttam : but guess TPO vpoc is at 10641 which is seen in the profile charts
14:09   Uttam : BNF 30mins has 46k red at top & 46k green at bottom 🙂
14:09   Uttam : who in the room did it 😉
14:10   Shai : 24900 looks diff to cross befor close now
14:10   Shai : 25900
14:10   Uttam : seller right there at prev selling tail Shai?
14:10   Cyrus : (14:09) Uttam : BNF 30mins has 46k red at top & 46k green at bottom :)—-> where in the bottom what level ???
14:10   Uttam : 30 mins OF chart
14:10   Shai : yes
14:11   Uttam : BNF weekly options only for 2 more days guys so carry your positions accordingly, next week weekly expiry on Tuesday
14:12   Uttam : NF pull back exceeds 30 points
14:13   Uttam : BNF can tag 25710?
14:15   Pradeep : Shai: How does it happen that a biger buyer or seller comes exactly at the same time in both Nifty & BankNifty? Are they programs?
14:15   Pradeep : Also the large stops that get it, most of the time happens in both indexes at the same time
14:20   Cyrus : What a phenomenal day… Thanks @Shai for the BNF 100 pts upside trade and then the 46k seller helped short 50pts down to 780… :))
14:20   Cyrus : OF is the best tool for scalping
14:23   Manish : Cyrus, are you at workshop tomorrow ? need to pick your brains on OF :))
14:24   Shai : Positional – Buy 10600 puts at 105 sl of 155 tgt 290. Trade 50% size only
14:24   Uttam : BNF at vwap & NF already below it
14:24   Shai : 195**
14:24   Cyrus : (14:23) Manish : Cyrus, are you at workshop tomorrow ? need to pick your brains on OF :))—->> Unfortunately not.. and brother i am just a few weeks old in this group Lol!
14:25   Manish : shai, uttam, since last pullback was more than 30, thats why the positional call for PE given ?
14:25   Rushabh : Shai what is the level you are looking at on spot?(14:24) Shai : Positional – Buy 10600 puts at 105 sl of 155 tgt 290. Trade 50% size only
14:25   Shai : yes programs – (14:15) Pradeep : Shai: How does it happen that a biger buyer or seller comes exactly at the same time in both Nifty & BankNifty? Are they programs?
14:25   Favi : shai bnf short here?
14:26   Uttam : (14:13) Uttam : BNF can tag 25710?
14:26   Shai : vwap breaks
14:26   Shai : hence the puts
14:26   Manish : thnx shai
14:26   Shai : (11:52) Shai : There was heavy selling at the top end of that profile and I would think they come back to sell near the close
14:27   Kathir : bit earlier shai 🙂
14:27   Uttam : BNF low of this dip 25727
14:27   Sakthi : Buy 10600 puts at 105 sl of 155 tgt 290. Trade 50% size only
14:27   Uttam : 195
14:27   Sakthi : u mean to say 205?
14:27   Sakthi : ok
14:28   Shai : 14:24) Shai : Positional – Buy 10600 puts at 195 sl of 155 tgt 290. Trade 50% size only
14:28   Shai : don’t chase but if you want to track me and the time of the trades you have to be quick
14:28   Shai : the market will not wait
14:29   abhishek sharma : bought at 202
14:29   Shai : I guess as long as the trade idea is taken a few points will not matter
14:29   Uttam : wow abhishek you manage to buy at almost the hgihs?
14:29   Shai : you will not get the same price as I do
14:29   Shai : it does not happen
14:30   abhishek sharma : hmm feeling sad for this uttam
14:30   Shai : the market is a moving organism and price does not wait for you and me
14:30   Uttam : do not chase the price abhishek
14:30   Shai : looking at 535 beforw eclose
14:30   Sandesh : love you shai sir
14:30   abhishek sharma : then what i should do uttam plz help me
14:31   Shai : That is a positional trade
14:31   Shai : OF all day has pointed to no new demand
14:32   abhishek sharma : shai this target is for how many days
14:36   Shai : next week
14:36   Shai : If only I could tell you the time to the correct minute and second also 🙂
14:38   Shai : I’m clocking out early today Guys
14:38   Shai : Will catch up Monday
14:38   Shai : Take care and have a lovely weekend
14:38   Sandesh : take care shai.. happy weekend
14:38   Kathir : TC shai
14:38   RK : best wishes for session Shai
14:38   abhishek sharma : take care shai
14:38   Shai : Thanks RK
14:38   Shai : see you around. Mumbai guys meet tom .
14:38   Abhishek : Have a good weekend Shai
14:39   TP : Best wished for Mumbai session chief.
14:39   TP : wishes
14:39   Manish : shai, take care. see you tomorrow.
14:40   Manish : TP, can you please post in slack when you get a chance, the setup to trade OF using the pink and red lines ?
14:40   Azmath : All the Best for the Session Shai. New Guys dont miss Shai Session at any cost, I had to wait for his session for alomost a year. Best Teaching investment ever for me. Changed the way i look at markets for ever. Thanks to Shai and Gyan he shared in the session.
14:42   TP : Manish I used to track them long time back , now just OF and quick entry exits but you can use them for SL if you are scalping like if you are long at pink you get ready to book out.
14:43   Manish : ok thnx TP
14:43   TP : wc
14:46   Kathir : 40k green nf stuck buyer ?
14:47   Shubro : Uttam hi Nifty profile does it look a balance or still in imbalance?
14:47   Sumit : @ TP Do you on 5 Mins pink and green bands ?
14:48   TP : no i don’t follow them but yes meant 5 min pink/green lines.
14:49   Sumit : Yes thats what i am sking 5 min pinik and green lines in 5 min of
14:54   Favi : bnf short here??
14:55   Kathir : 94 k red uttam ?
14:57   Favi : uttam?
15:02   Manish : where do you see 94k red in BNF ?
15:03   Kathir : near this pull back lows manish but the colour changed
15:03   Kathir : NF
15:03   abhishek sharma : what nifty is doing guys
15:03   Manish : thnx kathir
15:04   Kathir : wc. bnf 20k red stuck al lows I guess
15:04   Manish : i don’t see 20k red
15:04   Kathir : look at the intent in both ..wide reds
15:04   abhishek sharma : what do u all see in nifty
15:05   abhishek sharma : can it come down on monday
15:05   Kathir : Manish it got refreshed and changed
15:05   Manish : ok thnx
15:07   Uttam : (14:13) Uttam : BNF can tag 25710? BNF made a low of 25703
15:07   Uttam : ‘P’ profile in both
15:08   Uttam : intent is big red in both
15:08   Shubro : Uttam so now 30 min charts lower so no point in staying/carry ing long?
15:09   Abhishek : Close at VWAP
15:09   Uttam : Shubro 30min low was broke when we broke 10590
15:10   Shubro : yes yes i meant that
15:10   Uttam : so that meant no trend day today
15:10   Shubro : and looking at delta charts negative/downside intent high
15:10   Uttam : we need new business (read longs) above today highs if NF has to go higher
15:10   Manish : uttam, if vwap breaks like today can we call it end of trend day ?
15:10   Shubro : so high prob of shorts coming in next week?
15:11   Uttam : today’s POC will be important level to watch on Monday
15:11   Uttam : we have only a 3day week next
15:11   Uttam : but still a long ay to go for the series
15:12   Uttam : BNF got big reds at 25800
15:12   Uttam : new supply
15:13   Kathir : vix well above 18 now
15:13   Sumit : STBT In Nf ?
15:14   Uttam : we already have 10600pe Sumit
15:15   Prudhvi : oi is increasing and iv is dropping
15:16   Prudhvi : in NF
15:16   RK : iv crush yes
15:16   RK : OTM weeklies gone bonkers downside
15:17   Sandesh : gimme athat 25660 Uttam
15:17   Pradeep : Uttam: We did not see further fall in NF towards day low. Doe sit means, buyers are holding it and odds of downside decreases?
15:19   Uttam : RK only 2 days more for BNF weeklies as expiry on tuesday
15:19   RK : yes
15:19   Manish : Trump drafting a trade deal with China. Chinese, HK stocks surged.
15:20   Manish : Might be a rally in US going into the elections next week.
15:20   Uttam : had mentioned this on slack couple of hours back – Spot hits 10590 ans now close above 10610 means new leg can start up in Nifty else can give a dip
15:21   abhishek sharma : you mean to say that nifty might go up on monday
15:22   Manish : all abhishek is worried about is his PE trade 🙂
15:23   KK : may go up- reversals in auto, lt, hdfc twins
15:24   Kathir : 🙂 that is positional PE s . Abhisehk is you are going with shai s positionals make sure the lot size. Sl s will be deep and time frame also 2 days to 5 days sometimes
15:24   abhishek sharma : yes manish 🙂
15:24   Manish : abhishek, in my limited time with trading I have found that you should carry positionals specially over the weekend only if you can sleep well and not worry about it. The only way to do it is have small position.
15:24   Shubro : or hedged
15:25   Uttam : close at 10590?
15:25   Uttam : BNF at 25760
15:26   Kathir : make it here itself uttam. let the PE s sleep happily
15:26   Uttam : can be Kathir 10590 is dPOC & 10575 is vwap
15:26   Uttam : 10580 goes have some volumes
15:27   Kathir : whats that 163 ?
15:27   Uttam : some greens here in NF at close
15:27   Uttam : could be positions getting closed
15:27   Uttam : 163 green & 148 red
15:28   Uttam : (15:25) Uttam : close at 10590? almost there
15:28   Uttam : 10587
15:29   Uttam : thansk guys 🙂 have a lovely weekend
15:29   Manish : bye everyone. nice learning session.
15:29   Uttam : and all the best to the ones attending the workshop tom, have a great one
15:29   Manish : thnx
15:30   Kathir : Thanks and buy all . have a great weeknd
15:33   NDee : note pad

 

 

09:55   TP : Shai views on Reliance for ID .
10:12   Shai : 1060 supp intra and 1073 string intra res
10:19   TP : tks chief
10:51   Gaurav : Shai HDFC LTD can be bought for 1830-35?
13:37   Shai : HDFC looking good for 1845