Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.
Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
NF
BNF
Room Chat
08:33 Uttam : Good Morning All 🙂
08:33 Uttam : https://vtrender.com/market-profile-analysis-dated-29th-april-2021/
08:45 Vtrender Live : 5 min NF charts – https://global.gotomeeting.com/join/387969829
08:46 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647755698?pwd=U1FVY2NpUXIzZlVWKzc0azhORlNqQT09
08:55 Chandrashekhar : GM all
08:56 Shai : GM all
08:56 Piyush Kakadiya : Gm
08:57 Shai : A lower open expected this morning which will put the Nifty back into the profile of 28th
08:57 Shai : we had A singles at 14700- 720 which is our morning ref area
08:58 Shai : 14810 upper ref along with 14925 on any strength
08:58 Shai : will confirm weakness if we auction on volumes below 14700
08:59 Shai : 32820 ref line in BNF along with 33240 higher
08:59 Shai : same profile of 28th to watch
09:00 Shai : we are starting a new series of May from today and expecting flux between option prices, spot and futures. So take it slow and allow the volumes to settle in
09:01 Surya ganti : safer to trade futs in the begiunning chief?
09:11 Shai : yes F is safer
09:18 Shai : vix rising
09:20 Shai : A very large range day poss
09:20 KK : BNF went to that 33085
09:20 Surya ganti : wow
09:20 Chandrashekhar : 1K green in BNF
09:20 Shai : 14700- 14810- 14927
09:21 KK : should hold, for back to 330
09:21 Ankit Maheshwari : Shai this Lower30m ref on NF chart is hiding DPOC info
09:21 MJ : bnf 33075 done.
09:21 Ankit Maheshwari : possible to move it down?
09:21 MJ : low side.
09:21 Ankush Jain : Chief chards need adjustment’
09:24 Shai : better?
09:24 Ankush Jain : yes
09:24 Ankush Jain : GoTO also
09:25 Sumeet : IT pulling nf up.. bnf looking rather dicey
09:25 Shai : 14700 may hold, what is of interest is any reaction near 14880 and 14920
09:25 MJ : that 1120 bnf rb looks good?
09:26 Ankush Jain : Shai NF may balance ahead of election results on Sunday??
09:28 Govind : GM boyz
09:28 Shai : poss with a reaction in last 30 mins
09:28 Amit null : gm
09:30 Sadees : LLT + DPOC at day’s low.. Jit’s pointers shared in our room last week helped in BNF chota trade.. thanks Jit and room..
09:30 MJ : Chief May rollovers % wise still pending?
09:30 MJ : +1 sadees
09:31 MJ : easy money on that 1120
09:31 Sadees : +1 MJ
09:32 MJ : S I exited 50% on that 464 arrival.
09:33 MJ : but expecting to do some filling in day before singles.
09:33 Shai : +1- (09:30) Sadees : LLT + DPOC at day’s low.. Jit’s pointers shared in our room last week helped in BNF chota trade.. thanks Jit and room..
09:33 Surya ganti : MJs flag identification yojana
09:33 MJ : Surya flags in singles is risky bet.
09:34 MJ : So just tsl and in direction with bands.
09:34 Surya ganti : u still scalp them
09:34 MJ : I was long, exited 🙂 have right RR. life is good.
09:36 Milind : What is target for BNF @MJ?
09:36 Milind : 440?
09:37 MJ : Can aim 440 Pday low.
09:37 MJ : Some mech guys waiting there.
09:37 Rajesh G : shai nf yellow indicator is hiding nifty data
09:37 Rajesh G : please adjust
09:38 Ankit Maheshwari : VIX cooled down
09:39 Ankush Jain : room chrts?
09:40 MJ : 75% done 466. (09:25) MJ : that 1120 bnf rb looks good?
09:40 Sadees : UG, wednesday’s trend day of 33330 has siginificance today or should we add May futures premium to it?
09:40 MJ : holding some ces and tsl at 350 for me.
09:44 Uttam : @S new series so lets look at new references as fresh vols will come in
09:44 Govind : +1 UG
09:45 Sadees : thanks UG
09:47 Sadees : chief, supply coming at 14880? (09:25) Shai : 14700 may hold, what is of interest is any reaction near 14880 and 14920
09:47 Rajan Modi : ug, open type is ORR?
09:48 Uttam : volumes are low and ORR gives a quick move back into previous Value
09:49 Uttam : so just OAOR
09:49 Rajan Modi : ok
09:51 Shai : At 14880 now- (09:25) Shai : 14700 may hold, what is of interest is any reaction near 14880 and 14920
09:52 Shai : first auction off open down
09:52 Milind : + Shai
09:52 MJ : +1 chief.
09:52 Milind : +1*
09:52 MJ : And wide range too as you projected.
09:53 MJ : 135 pt nf is decent for day labour.
09:53 Shai : Buy 14900 pe at 213 sl of 190 tgt 270
09:55 Shai : 33550 ref line for BNF
09:56 Uttam : yes BNF needs to sustain above 33505 for any upside
09:56 Uttam : we had an overlapping POC last 2 days in it at 33800
10:00 Surya ganti : was away.. can enter the PE trade now chief?
10:01 Shai : exit the 14900 pe at 201 cmp.
10:01 Shai : we wait
10:03 Siddhesh : Shai volume missing here?
10:04 Siddhesh : shall we enter PE again ?
10:04 Shai : yes vol is less
10:05 Surendra : boom boom in that PE
10:05 Surya ganti : vwap gone
10:06 Sunil : reenter that PE Shai ?
10:07 Sumeet : 590 flag…
10:07 MJ : 590 below vwap.
10:07 MJ : 🙂
10:07 MJ : Sumeet.
10:07 MJ : he goes. then majja.
10:07 MJ : watch him.
10:07 Sumeet : 🙂 watching him almost creepily
10:07 Shai : Buy 14900 pe again 221 sl of 190 tgt 270
10:07 MJ : Lol.
10:08 MJ : he stays 😀 good boy.
10:08 Sumeet : yes – now should give a good move….
10:08 Sumeet : either ways, a good friend he turns out to be
10:09 MJ : DOP now focus.
10:09 Shai : looked like it would go sideways hence exited, then vol added quickly on that new IS
10:09 MJ : Haan chief.
10:09 Prashant : chart?
10:09 Shai : 14790 dobale along with 14710
10:10 Piyush Kakadiya : sir I hold 14900 pe ?
10:10 Rajiv Ohri : charts stuck?
10:12 Rajan Modi : Shai Sl in NF?
10:13 Mayur P : late sellers in this bar @Shai?
10:13 KK : are they making P with open as support
10:13 Shai : 14927- (10:12) Rajan Modi: Shai Sl in NF?
10:16 MJ : Staying good (09:49) Uttam : so just OAOR
10:19 KK : so between 190 open and dvah 468
10:20 MJ : +1 kk
10:20 MJ : 290 270 both bnf nf flags stopped down move.
10:21 MJ : fun below them.
10:21 Sumeet : yes though nf came at pdl … below that….
10:22 MJ : 1000-1015 had decent volex.
10:22 MJ : nf.
10:22 KK : also, ORR should support open
10:23 KK : I will wait for 790 break.. considering the volumes in A were high for this reversal
10:23 Piyush Kakadiya : why spedo is up ?
10:24 Uttam : because it is comparing vols of May futures
10:25 Piyush Kakadiya : ok thanks
10:25 Mayur P : KK were they high really?
10:25 Mayur P : except first bar there were no volumes
10:27 Rajesh G : shai those zeroes are resistance for nf
10:27 Sandesh : 10.05 candlehigh kya tha bhai
10:28 Uttam : you going to print that again 😉
10:28 MJ : Baba!
10:28 KK : 33800 PE 485 to 420 booked
10:28 Uttam : 14887 in NF
10:28 KK : ..ab NF ki baari to test that ledge
10:30 MJ : KK pdl cross karenge?
10:30 Sandeep Partham : kindly confirm banknifty upside above 33505 May future level right?
10:30 KK : arre pehle 880 ko dekhe 892 is key
10:30 MJ : 862 wapis being too mech.
10:32 KK : i am thinking balance here. so selling OTM PE only.less risk less return
10:33 KK : where is DPOC in NF, DPOC in BNF I cn see at 33125
10:34 Mayur P : Green band continuing on thin volumes. @Shai we still on for 14790?
10:35 Muralidhar Kaja : Are we still in the NF PE trade?
10:35 Surya ganti : yes M
10:37 Muralidhar Kaja : Thanks Sg
10:38 Prashant : 14820 is the poc i think
10:38 Chetan null : test
10:39 Prashant : now moves to 836 poc
10:40 Mayur P : Bholumes kaha hai?
10:40 Uttam : 14825 needs to be taken out with 0s or reds
10:40 Shai : Book the 14900 pe at 225
10:40 Shai : falt now- no trade open
10:40 Shai : Allow for option prices to settle
10:41 Sadees : C side in BNF
10:41 Surendra : too quick to exit
10:41 MJ : bnf you beauty!
10:41 MJ : with EOA?
10:42 MJ : waiting for 1 min.
10:42 KK : D coming
10:42 MJ : 0s in between too.
10:43 KK : BNF going for that 33700 above 550 ?
10:43 MJ : 0s till pdl supp?
10:43 Rajan Modi : what an exit Shai _/\_
10:44 Mayur P : Arghh. couldnt exit quickly
10:49 Milind : What are BNF ref on the down side @Uttam?
10:49 Milind : references
10:50 Uttam : 0s at 33425 for now immediate ref
10:50 Uttam : alongwith vwap
10:50 Milind : thanks
10:50 Uttam : we have A period singles in both today for now
10:52 MJ : How you do this? 🙂 (09:55) Shai : 33550 ref line for BNF
10:52 MJ : dhi 555
10:54 Mayur P : +1. Not an EOA is it? (10:52) MJ : How you do this? 🙂 (09:55) Shai : 33550 ref line for BNF
10:55 MJ : that bar had 0s in middle too, are holding so far.
10:55 Mayur P : +1 MJ
10:55 MJ : 0’s replaced by 0s
10:56 Sumeet : MJ need one version of OF where only flags and 00s are printed… baaki sab theek hai…
10:57 MJ : haha! OAIR/OAOR day specia.
10:57 MJ : It will be amazing.
10:57 MJ : Flags and LLT.
10:57 Sumeet : bas… simple folk, simple requirements
10:57 MJ : and pocs. Minimalism.
10:57 MJ : no nos.
10:57 MJ : those flags have given good aaj.
10:58 Govind : some supply coming at 860/5 in NF since 10 am and while bidders arrested the fall, this zone needs to be taken out for a move to 890
10:58 Sumeet : last week messed up becase of rolls.
10:58 Uttam : 14862 was the DD vwap
10:58 MJ : On t-5 days to expiry, you got to see them with day’s context. @s
10:58 Sumeet : yep.. forgot on monday.. learnt soon enuf
10:58 Uttam : yesterday it took support there and today change of polarity so far
10:59 Uttam : the fight is on
10:59 Govind : yes UG
10:59 Sanjib : NF is coiling – LH and HL
10:59 Sumeet : quite some reds in bnf
11:01 MJ : 0s at ibh watching.
11:01 MJ : bnf
11:04 Shai : For those looking for quick opportunities in stocks, have a look at SunTV. The sun will start shining on it from next week 🙂
11:04 Shai : Already running from 4 days
11:04 Govind : 🙂
11:04 Uttam : 🙂
11:04 Ankush Jain : DMK coming
11:04 Uttam : BAba has entered in it
11:04 MJ : Shai spl. Sun.
11:05 Sandesh : my entry, 480. shai knows the target
11:05 Sandesh : 🙂
11:06 Shai : Baba is always ahead . Has a quicksilver mind
11:07 Uttam : 🙂
11:08 Sandesh : hogaya?
11:08 Sandesh : 🙂
11:08 MJ : no sandesh
11:08 Sumeet : sun tv running up because of dmk exit polls ?
11:08 MJ : baaki bnf ka kaam aapka.
11:08 Sandeep Partham : have entered around 490 for suntv…Any targets from some one pls who are closely tracking
11:09 Shai : yes- (11:08) Sumeet : sun tv running up because of dmk exit polls ?
11:09 Shai : taste of power
11:09 Uttam : 🙂
11:09 Sumeet : 590-600 i would expect, Sandeep
11:09 Surya ganti : and this time to stalin directly
11:09 Shai : Govind will know better 🙂
11:10 Govind : my DMK friends can’t wait as they’ve been waiting for over a decade now
11:10 Ankush Jain : TN always votes 1 way or other
11:10 Govind : DMK is good for infra
11:10 Ankush Jain : It is looking like a DMK sweep
11:11 Govind : and realty
11:11 Surendra : why are oil stocks running up today?
11:11 Surendra : all are more than 5% up
11:11 Uttam : sector which is flying is sugar
11:11 Prashant : 80/85 usd is the target given there
11:12 Uttam : after all these decades of underperformance
11:12 MJ : 3vs2 IB/IS
11:12 MJ : since morning.
11:12 MJ : nf
11:12 Ankush Jain : Brazil sugar production down
11:12 Prashant : all bars inside bars in nf..
11:12 Ankush Jain : So India stands to benefit
11:12 MJ : hdfcbank 3+% down.
11:13 Sumeet : got nice 100 points in bnf from that red cluster upstairs
11:13 MJ : +1 sumeet.
11:13 MJ : charts?
11:14 Favas : guys my trackpad acting eratic ,drivers updated,windows reinstalled,hardware diagnostic test passed
11:14 Favas : any solution?
11:14 Surya ganti : buy a mouse
11:15 Surya ganti : trackpads are meant to die .. and once u shift to mouse, cant use even a functional trackpad 😀
11:15 Favas : but system still under warrenty
11:15 Milind : Chart Stuck?
11:16 Ankush Jain : room chrts stuck?
11:17 Anand : yes
11:19 Surendra : movement of 20 pts in NF since last 1 hr
11:19 Surendra : Fryday in second half
11:19 Mayur P : 11.10 bar had grand total of 342 contracts traded on NF
11:23 Shai : typical of 1st day guys
11:23 Shai : hence I said at open, wait for the flux to be over
11:23 MJ : Shai have OF on sun? 🙂 would be fun to see where these guys entered.
11:24 Shai : 360
11:25 MJ : Thanks chief.
11:26 MJ : 480 -370 part out (11:01) MJ : 0s at ibh watching.
11:27 Sadees : 481 may get stuck at BNF vwap?
11:27 Sadees : as BNF bounced off 30 min lower
11:27 MJ : below them Gate is open.
11:28 Govind : small reds starting assemble here at 840 in NF; can they bring this down is the question
11:28 Sadees : will watch for 33350
11:28 MJ : yes +1 S
11:28 MJ : TSL for me at 440-50
11:28 MJ : last two bars POC
11:29 MJ : 1110-1120 I mean
11:29 MJ : 15*
11:29 Sadees : 11:05 bar POC also there..
11:30 Uttam : this holding again – (10:40) Uttam : 14825 needs to be taken out with 0s or reds
11:35 MJ : all out 330 (11:01) MJ : 0s at ibh watching.
11:37 MJ : This 762 wala pushed me out.
11:37 Sumeet : Shai, G singles of 2 days ago remain relevant for how long ? until taken out ?
11:38 Shai : from 810?
11:38 Shai : taken out
11:38 Uttam : May ext handle was at 14827
11:39 Sumeet : oh yes… so now irrelevent or still a zone to watch ? classical mp wise ?
11:39 Uttam : for that look at spot
11:40 Uttam : and today end of monthly profile
11:40 Sumeet : thank you Uttam. yes that makes sense now…
11:43 Ashwin : nf on for 710 shai?
11:53 Uttam : 14780-701 was singles in NF where we opened today and was swiftly rejected
11:53 KK : 33K pE needs to break 515..otherwise back
11:55 Ankush Jain : strangle/straddles on work again today?
11:55 MJ : Yes A
11:55 MJ : 14800 trending down https://mplite.vtrender.com/?symbol=O_NIFTY14800PE20210506_NIFTY14800CE20210506&tf=daily&tpo=3&isComposite=0&ivp=0&sp=1&startDate=&endDate=&nDays=8
11:58 Ankush Jain : vwap rejection
11:58 Surya ganti : 84- pe bhejo yojana
11:58 Surya ganti : 840
12:04 Ankush Jain : another attempt to conquer vwap
12:04 MJ : le ja le ja.
12:05 MJ : OAOR so G becomes Imp TPO to watchout?
12:07 MJ : 826-830 transition bars have cancelled eachother.
12:07 MJ : nf
12:07 Uttam : ‘p’ profile in NF for now
12:07 KK : NF needs to test 864, whether it can cross that above VWAp
12:08 Uttam : above 14855 can look for RE upside & that 14925
12:09 KK : bnf rejection
12:10 MJ : UG nf doing P 800 combo b.
12:10 Sumeet : yes 266 guy gave 100+
12:12 Uttam : G starts in 2 mins
12:12 Uttam : _/\_
12:13 Uttam : first hurdle 14855
12:14 Govind : UG, April series vpoc shifted to 14920 late yesterday?
12:14 Govind : sorry, 910*
12:16 Uttam : settlement day so POC will shift higher Gov but in that case we need to watch Spot POC which is what we do & Shai has taught me this 🙂
12:17 Uttam : and series wise MPLite Apr showed POC at 14837
12:17 Govind : ok thanks bro
12:22 Uttam : 14855 nikalo
12:23 Uttam : let those 0s there remain
12:28 MJ : Jalebi day UG 🙂
12:32 Surya ganti : entire day between IB
12:35 MJ : 349 sky high.
12:35 Uttam : IBH coming looks like in NF
12:35 Uttam : 14830 invalidation
12:36 Surya ganti : lol MJ
12:37 MJ : watching him.
12:38 MJ : no trades yet.
12:39 Surya ganti : 2 POCs on top in NF
12:40 KK : NF wants to fill up a lil, staying above vwap
12:41 MJ : volex kitthe?
12:42 KK : 864 na toote
12:42 Surya ganti : 295 flag in NF?
12:42 KK : chalo wapas 830
12:43 Siddhesh : DPOC, VPOC and VWAP very close to each other in NF
12:43 Surya ganti : lol kk
12:45 KK : C D G high
12:47 MJ : bnf managing vwap so far.
12:47 MJ : even after that 349
12:47 MJ : he is sherputtar?
12:48 Sanjib : almost 1 M OI added in NF today (of course first day of series, but still….)
12:49 KK : dvah to vwap dancing, NF
12:49 Rahul Goel : guys I know that lne at 850 is dpoc but there is another line at 844
12:49 Rahul Goel : what is that?
12:50 MJ : +KK
12:50 MJ : 830 here
12:50 KK : 175 to 162 booked 800 CE
12:50 KK : SL 178
12:50 Uttam : check the vol profil on right side Rahul we have similar vols at both levels
12:50 Uttam : 14850 & 14844
12:50 MJ : you are sitting with sniper @KK
12:51 Uttam : the bold on is the dPOC
12:51 Uttam : bold one*
12:51 Rahul Goel : sure in NF it is at 850
12:51 Sanjib : low in this bar 14830.8
12:52 KK : Ab we need to wait for 1 30 to break that 864 on upside..get some red stuck till then
12:52 Siddhesh : Uttam what is this horizontal red line at 14830 means?
12:53 Surya ganti : where transitions happoened .. volume wise
12:53 KK : Speed breaker..Speed increases after that
12:53 Surya ganti : corresponds with 336 sell order in previous candle
12:53 MJ : 349 got cleaned in this bar looks like.
12:53 Siddhesh : ok
12:54 Shai : normal day in NF with vwap and dpoc keeping it flat
12:54 Sumeet : helped with my dt though..
12:54 MJ : you busted that guy S?
12:54 Ankush Jain : only 2 candles have had close abv vwap today
12:54 Siddhesh : yes Shai. very close..
12:55 Shai : trade small and quick or stay out
12:55 Sumeet : yes. small trade
12:55 MJ : cheers.
12:55 MJ : stayed out.
12:55 MJ : vols low.
12:55 Sumeet : i find i am the worlds best trader when i stay out :p
12:55 MJ : jumping japang.
12:55 Siddhesh : is it going to form big fat belly profile ?
12:55 Ankush Jain : 14810 has been defended twice
12:56 MJ : 810-862 break to watch now.
12:59 Surendra : looks cooking for big move in a while
12:59 Surendra : looking for correct direction here – Up or Down?
13:01 Ankush Jain : almost matching highs in C D G & H
13:01 MJ : Ledge there.
13:06 Prashant : 448
13:06 Sumeet : or setting up a balance today for a big imbalance move on monday ?
13:07 Ankush Jain : below 810 can be fun
13:07 KK : 448 wants to to book at 864
13:08 Ankush Jain : here it goes
13:09 KK : 0s
13:10 Ankush Jain : continuation
13:10 Ankush Jain : right at 14810 zone
13:13 Surendra : 2000+ volumes
13:13 Surendra : is it possible bounce back from 810 levels or going to be a big swipe down?
13:13 Surya ganti : vols of reds might tell us the future direction
13:13 KK : too many red below 810
13:14 MJ : OAOR. RE not there. Fade till then.
13:14 MJ : Fade edges.
13:15 MJ : Sumeet 57X bnf chotu scalp.
13:15 Sumeet : champ !!
13:15 Shai : Buy 14800 ce abv 156 sl of 140 tgt 180
13:15 MJ : 😀
13:15 Uttam : wah Shai 🙂 already had that order in system
13:15 Shai : Abv 14826 the late shorts in NF panic
13:17 MJ : Chief and below 790 table turns?
13:17 MJ : nf?
13:18 Shai : yes
13:18 MJ : AB lows.
13:18 Shai : 1425 are the 1st selles
13:18 Shai : 14825
13:18 Ankush Jain : abv 156 should be how much abv?
13:18 Ankush Jain : 2 rs ?
13:19 Shai : yes
13:19 MJ : giant not helping bnf cause. -3.86 now
13:19 MJ : (11:12) MJ : hdfcbank 3+% down.
13:20 Vishnu : bankn for 33k?
13:20 Govind : this is a hotspot now…11:38 Uttam : May ext handle was at 14827
13:22 Anand : CE trade still on chief ? those reds seem to have exited ?
13:24 Shai : Avoid the CE buy abv trade for now
13:24 Shai : Avoid- (13:15) Shai : Buy 14800 ce abv 156 sl of 140 tgt 180
13:25 Sumeet : looking undecided here ?
13:26 Gopi : /looking like some one is hedging for monday
13:27 Govind : Just an fyi – 14807/827/842 were EHs in the May series on on April 28th. Auction has spent most time in this zone today
13:27 Shai : +1
13:27 Ankush Jain : 790 goes
13:27 Chetan null : ehs?
13:28 Chetan null : means
13:28 Chandrashekhar : ext handles
13:28 Gopi : 790 may hold?
13:28 KK : 433
13:29 Surendra : volumes are good last 30 mins but still undecisive?
13:30 Ankush Jain : sellers finally doing good job
13:30 KK : 760 then ?
13:32 Rajesh G : bnf for 45 degree
13:32 Rajesh G : ?
13:32 MJ : dpoc still down. Bnf.
13:33 MJ : neat profile bnf.
13:33 Ankush Jain : 558 late seller
13:33 KK : yes
13:33 MJ : KK
13:33 MJ : kardia?
13:33 MJ : 🙂
13:34 Ankush Jain : maybe that 569 guy exited
13:35 KK : dont tell MJ, you plan to do Normal variation
13:35 MJ : 155 bas dedo in ce will unboard.
13:36 Ankush Jain : closing all shorts
13:36 KK : neki aur..
13:36 KK : is that 558 out ?
13:37 MJ : if he was green mein uski headline hoti na?
13:38 MJ : maybe he doubled up.
13:38 Mayur P : +1
13:39 MJ : 463/558/432 zones watching.
13:39 MJ : OF nos I mean.
13:39 MJ : what they are doing.
13:40 Amit null : 726, 655
13:40 Surya ganti : what is 726 and 655?
13:41 Prashant : new lo hi de do
13:42 Shai : Buy 14900 pe at 245 sl of 219 tgt 290
13:42 Amit null : 726 nf 655 nf?
13:42 Shai : 14740 / 710 doable
13:44 Chandrashekhar : +1 Shai
13:44 MJ : 740 here
13:44 Shai : 267 book half
13:44 Surya ganti : tsl at cost?
13:44 Sumeet : big greens
13:44 MJ : thoda green rush here?
13:44 Sumeet : 749+334+137
13:44 Govind : finally done
13:44 Chandrashekhar : yesterdays G ext handle taken ..A singles now
13:44 Chandrashekhar : penidng*
13:45 Amit null : yes sellers added up below 14810
13:46 Sumeet : relentless though… past lower 30 min
13:46 MJ : vwap 3sd hits nf.
13:46 Shai : Book the PE fully
13:46 MJ : mera toh hogaya.
13:46 MJ : 🙂
13:46 Amit null : yes
13:46 Govind : first LLT in a few days
13:47 MJ : yeah
13:47 MJ : series start. Adding inventory.
13:47 MJ : big boys.
13:48 Ashwin : hold nf for 710ish shai?
13:49 MJ : bnf dpoc on anshan? not gonna move?
13:50 Shai : can do vwap again NF
13:50 MJ : 😀
13:50 Shai : hope all came off shorts
13:50 Surya ganti : yes
13:50 MJ : yes bossman.
13:50 Shai : 740 exact lows where this OTF came
13:50 Prashant : yes
13:50 Chetan null : otf?
13:51 Surya ganti : is it the seller booking profits, or new buyer?
13:51 Ankush Jain : My trailing SL still intact
13:52 Ashwin : out at 760
13:52 Shai : 14810- 826 they qadded
13:52 Shai : now challenged at 740
13:53 Anand : added shorts ? Chief ?
13:53 Surya ganti : yes A
13:53 Anand : ok. Thank you
13:54 Prashant : can reshort at say 790?
13:56 Prashant : Surya, not sure about added shorts…shai said, book full…may go vwap
13:56 Surya ganti : i was refrring to the msg about shorts were added at 810-826
13:56 Prashant : ok
13:58 MJ : +35 from here. (13:46) MJ : vwap 3sd hits nf.
13:58 MJ : 772 LLT also gave darshan there.
13:59 Surya ganti : +1435
13:59 Surya ganti : quite a LLT 2500+ lots
13:59 Surya ganti : 810 in bnf now
14:00 MJ : Sanjib watching the OI addition?
14:01 Ankush Jain : new lows
14:02 Sanjib : 🙂 (14:00) MJ : Sanjib watching the OI addition?
14:02 Uttam : NF headed to vpoc of 14697
14:02 Shai : new 0’s
14:02 Shai : 14700 last supp
14:03 Amit : 653 nf then or 595
14:03 Ankush Jain : into singles of 28th
14:04 KK : 680 nahi ?
14:04 Uttam : 14697 goes then next on for 14645
14:05 MJ : Chief’s last session words echoing, first lower ext move from 14150 looks like done.
14:05 Surendra : wheels coming off chief?
14:06 Arpan : can somone help explian there were so many buyers 772, 362, 1425, 476, 325 and then 776, 742…still nifty went down..
14:07 Uttam : go with the bands Arpan which is red, the grens could be shorts booking out
14:07 Arpan : sellers numbers were comparitiveliw less
14:07 Arpan : ohok
14:08 Uttam : we got rejected from that 14855 cos supply was coming there
14:08 Uttam : so that supply could be booking in this fall along with new reds
14:08 Arpan : ok
14:08 Arpan : thnx Uttam
14:09 Uttam : 13:05 bar & the next bar had sellers and till 13:$5 COT was in red only
14:09 Shai : NO = (14:05) Surendra : wheels coming off chief?
14:09 Uttam : 13:45*
14:09 Shai : mentioned 14700 as supp
14:09 Shai : 14760 has 0’s
14:09 Arpan : also what doesn pink signify > is it higherst number of sellers in that bar?
14:09 Shai : nop contra
14:10 Surendra : no trades open chief?
14:10 Shai : There are red bands from 11.30 am today
14:11 Uttam : +1 PLR has been down as Value also formign lower
14:11 Shai : but all that supply is now covering
14:11 Mayur P : @Shai do we wait to short near 14750?
14:11 Uttam : +1
14:11 Amit : and greens are being rolled over
14:11 Ankush Jain : all these greens are cvr orders?
14:12 Prashant : can reshort at 760?
14:12 Amit : a P with market at lows liquidation? or what?
14:13 MJ : 755 decider?
14:13 Himanshu : who has K
14:14 KK : that 14900 PE not breaking 270
14:14 KK : and not 295
14:14 KK : Now 295
14:14 Chandrashekhar : NF going for 644 Shai?
14:15 Swapnil : DLO and VWAP so close to each other
14:15 MJ : thats 3sd vwap
14:15 MJ : @S
14:15 Prashant : no no
14:15 Surya ganti : 316 flag MJ?
14:15 Swapnil : oh right. thanks MJ
14:16 MJ : looks like. But @Surya stay with trend.
14:16 MJ : or small invalidation below 700
14:16 MJ : as 700 given supp by chief.
14:19 Surendra : at what levels late sellers might panic start covering chief?
14:20 MJ : J singles to watch.
14:22 Shai : 14765 higge rref
14:23 Arpan : Hi Shai/Uttam..i had joined last week. have some questions on the chart reading. Can i speak to someone later ?
14:24 Uttam : hi Arpan can you DM me your number on slack
14:24 Arpan : ok
14:24 Uttam : or here in the room, click on my name and you can send it as a DM
14:24 Swapnil : 700 defended
14:24 MJ : ssshh
14:24 MJ : 😛
14:25 Swapnil : 🙂
14:28 Shai : sl of 14765 now should break 14700
14:29 Surya ganti : can short here chief?
14:29 Shai : 14765 sl
14:29 MJ : chief can move lower 30 min widget?
14:29 MJ : on the info box right now.
14:31 Shai : ?
14:32 MJ : Lower 30 min on 5 min room chart overlapping the infobox.
14:32 MJ : Hiding dpoc vwap and other info.
14:33 MJ : shukriya! /\
14:35 Surendra : chief any option levels to enter (14:28) Shai : sl of 14765 now should break 14700
14:35 Mayur P : 10 min for K to do its thing
14:36 Anand : short trade open Chief ?
14:36 Anand : to break 14700 ?
14:37 Surendra : yes, haven’t broken 14765 still
14:37 Shai : put booking orders at 14686
14:40 MJ : dpoc
14:40 MJ : aayega?
14:40 Shai : exit NF
14:42 Surendra : is it a test to take out stop losses from system?
14:43 Shai : exit the short
14:43 Shai : they are fighting out 14700- 765
14:43 Rajiv Ohri : Shai back below IBL. Last chance?
14:44 Shai : 14770 sl for aggresive traders here only 15
14:44 MJ : 1400 bar 0s being worked on.
14:46 Amit : cleared actually at 14.40. 1 clearance enough?
14:46 Mayur P : objective ius 700? (14:44) Shai : 14770 sl for aggresive traders here only 15
14:47 MJ : Need to take it out Amit. And stay above them.
14:47 MJ : 760++ zone.
14:47 Amit : ok
14:48 Sandesh : @shai.. sun TV,bum bum boleeeeee
14:48 Surya ganti : oops missed that bus 😀
14:49 Sandesh : abhi bhi time hai, get in
14:49 MJ : 🙂
14:50 MJ : mast bhai
14:50 Shai : they will give 14650?
14:51 Shai : 14750 sl at cost now
14:52 MJ : booking out.
14:52 MJ : thanks chief. Rollercoaster feeling.
14:56 Shai : Trail at 14741 – (14:44) Shai : 14770 sl for aggresive traders here only 15
14:59 Mayur P : Chief objective?
14:59 Prashant : swipe?
14:59 Shai : 3 reds transistions
14:59 Shai : 14700/ 14650
14:59 Ankush Jain : lao
14:59 Mayur P : +1
15:00 Shai : Book half 14722
15:00 Ankush Jain : 720 holding
15:01 Rohit : NF 14650 fills Mon-Tue gap and 14675 is a PPOC (14:50) Shai : they will give 14650?
15:02 Shai : yes let’s see if they push
15:02 Indronil : y fut not breaking like spot
15:02 Shai : we asked :)- (14:50) Shai : they will give 14650?
15:03 Prashant : break K
15:03 MJ : No poor lows please.
15:03 Ankush Jain : move TSL?
15:04 Shai : 14719 TSL
15:05 Ankush Jain : Shai any close below 14700 is a sign of further weakness?
15:05 Shai : Book full
15:05 MJ : EOA?
15:05 Rajan Modi : nice trade SHai _/\_
15:05 Surya ganti : too bad i didnt enter at 55.. entered much lower
15:05 Mayur P : Amazing Shai
15:05 Chandrashekhar : +1 Shai
15:06 Prashant : 685?
15:06 Mayur P : Ng wants more chief?
15:06 Mayur P : *NF
15:06 Surendra : as expected the swipe to 14765 was take out SLs from system
15:07 Shai : mentioned yesterday that the upmove was done and we will get a move to 14650 spot
15:07 MJ : +!
15:07 MJ : yes boss
15:07 Shai : bothy confirmed today
15:07 Prashant : +1
15:07 Piyush Kakadiya : +1
15:07 Prashant : too good that..
15:07 Sandesh : +111
15:07 Rajan Modi : Shai , next what? 🙂
15:07 Surya ganti : any objective after 650 chief?
15:07 Ankush Jain : now over to Sunday for elections
15:07 Shai : market is edgy here
15:07 Surya ganti : new lows
15:07 MJ : Still echoing (14:05) MJ : Chief’s last session words echoing, first lower ext move from 14150 looks like done.
15:07 Shai : so not sure what it wants Mon
15:08 MJ : otm ces are not dropping
15:08 Shai : but yes upmove done
15:08 Mayur P : BNF wants new lows too
15:08 MJ : nf
15:08 MJ : watching that 14900
15:08 Ankush Jain : BJP win in WB can get 1 upmove?
15:08 Amit : 595 spot ; it wants this (13:40) Amit: 726, 655(
15:08 Ankush Jain : or a gap up ?
15:09 MJ : All otm options getting speculative money into it.
15:09 Amit : election story … agap up possible?
15:09 Sumeet : tcs taking it on chin
15:10 MJ : -2% ouch
15:10 MJ : 2.64
15:10 MJ : Gajab (14:37) Shai : put booking orders at 14686
15:10 Vishnu : shai any next week range after the election result?
15:12 Shai : 14375 doble if we stay below 14650
15:12 Swapnil : wow
15:12 Amit : ok great
15:12 Prashant : now??
15:12 Shai : but option prices are not friendly
15:12 Ankush Jain : ha ha
15:13 Surya ganti : wait for the election tamasha o be done
15:13 Shai : I’m not sure what they are thinking
15:13 Surya ganti : not a good time for positional trades
15:13 Amit : yes wait for open
15:13 Shai : Auction wise we should hit 14370 again sl abv that 14970F ref
15:14 Mayur P : BNF weak too?
15:14 Surendra : 14370?
15:14 Rajan Modi : premium on NF rising
15:15 Ankush Jain : BN not falling as compared to NF
15:15 Himanshu : Chief – This BNF auction is weak – is ist seeking 32K – Hrly support
15:16 Shai : 14770 will be our start up ref for Mon open
15:16 Ankush Jain : today’s PBH
15:16 Shai : yes BNF is weaker
15:18 Shai : vix day highgs
15:19 Surya ganti : 650 cominh today?
15:20 Ankush Jain : 28th A singles negated
15:20 Ankush Jain : Now into invisble buying tail
15:21 Amit : 14601 here it comes 6 point s shy (15:08) Amit : 595 spot ; it wants this (13:40) Amit: 726, 655(
15:21 Chandrashekhar : Gaps-invisible buying tail..+1 Ankush
15:21 Amit : 14600 strangle@350 14250-14950
15:23 Himanshu : Yeh start of series mein – Stangle – staddle Marne ka nahi –
15:23 Amit : yes agreed
15:25 Shai : +1- (15:23) Himanshu : Yeh start of series mein – Stangle – staddle Marne ka nahi -\
15:25 Shai : day 8 is better onwards
15:25 Shai : looking like a gap down
15:25 Himanshu : yes – NF seeking 650
15:25 Uttam : time running out for 645? – (14:02) Uttam : NF headed to vpoc of 14697(14:04) Uttam : 14697 goes then next on for 14645
15:26 Piyush Kakadiya : backs preed karskte he
15:26 Piyush Kakadiya : backspred
15:26 Ankush Jain : but for election results, would have carried short calls
15:27 Surya ganti : +1 A
15:27 Amit : +1A
15:28 Uttam : 14660 low
15:28 Chandrashekhar : spike down in both
15:28 Shai : TC everyone
15:28 Uttam : thanks All 🙂 have a relaxing weekend
15:28 Shai : have a good evening
15:29 Uttam : lets have a super May
15:29 Ankush Jain : Stay safe all
15:29 Amit : monthly POC?
15:30 Rohit : Thanks all