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NF
BNF
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08:49 Prateeek : gm all
08:49 Rajesh : Gm everyone
08:49 Neeraj : GM all
08:51 Santhosh : gm all
08:52 Rajan : Gm all
08:52 Avinash : GM Everyone
08:54 Himanshu : GM all
08:56 Anil : Good Morning All
08:58 Gourav : GM all
08:58 Kannan : Goog morning all.
08:58 Manoj : Good morning guys
08:59 Lokesh : GM all
09:01 Shai : GM all
09:01 Vishnu : gm chief an gm all
09:01 Amit N : GM all
09:01 Shai : 8326 ref line for the open today on lower side along with 8710 from friday which had the late selling
09:02 Abhijith : Gm all
09:02 Shai : below 8326 auction drops off to 8186 and close below 8186 would be a bearish hint of more downsides this week
09:02 Shai : we test back 9033 on any move abv 8710 F today
09:02 Shai : Auction was a p and a b so balance expected to develop more
09:04 Uttam : Good Morning All 🙂
09:04 Shai : https://vtrender.com/weekly-charts-23rd-to-27th-mar-2020-and-market-profile-analysis/
09:05 Shai : https://vtrender.com/market-profile-analysis-dated-27th-mar-2020/
09:05 Chandrashekhar : GM all
09:06 Pavan : GMG all
09:08 Suresh : Good Morning everyone. A new starter here!
09:09 Rajesh : gm
09:10 Uttam : welcome Suresh
09:10 Chintan : Gm Shai UG & Team
09:10 Piyush : Gm all
09:11 Amit : GM all
09:13 Tejpreet : GM All.
09:16 Uttam : COT building in NF
09:16 Uttam : red
09:18 Uttam : 50k green at 8406
09:18 Piyush : Charts stuck?
09:18 Vishnu : 8420-8475
09:20 Uttam : working fine
09:23 Shai : Aloow the auction to develop
09:23 Shai : 8380- 8540 tentative range off open prices
09:25 Vishnu : 8400 0s are there
09:25 Vishnu : 8395-8400 range
09:29 Shai : Intra – short NF 8430 sl of 8490 tgt 8330
09:31 Uttam : that morming 50k green fellow defending looks like
09:31 Sanjib : sl hit
09:31 Shai : NF stopped
09:31 Shai : exit
09:35 Suhas : hi gm all
09:35 Himanshu : tussle
09:36 Uttam : going for 8599 looks like NF
09:36 Uttam : 8545 minor hurdle
09:36 Uttam : needs to stay above VWAP
09:39 Uttam : boom boom
09:39 Vijay : thanks UG
09:39 Uttam : 47k red
09:39 Uttam : motnign buyer booking looks like
09:39 Uttam : but PLR still up
09:40 Uttam : 8500ce from 301 to 330
09:40 Boppanna : +1 Uttam
09:40 Uttam : little bit recovery from mornign SL
09:40 Vishnu : 8529-8560 ug thanks
09:41 Sagar : uostox not wokring ?
09:41 Vishnu : me to ug
09:41 Uttam : 8574 high so far – (09:36) Uttam : going for 8599 looks like NF
09:41 Kushal : working Sagar, but that damn order valdation issue is there today too
09:42 Uttam : COT shoeing red here
09:42 Vishnu : 8574 0 s there
09:42 Uttam : morning longs booking out
09:42 Uttam : RS forrming at 8556
09:42 Uttam : BNF 19700 imp level
09:43 Uttam : showing some supply coming there
09:44 Uttam : boom boom part 2?
09:49 Shai : big 2 in BNF icici and hdfc down
09:50 Sachin : this resemb;es a pattern 2 months back shai, where markets were going up, but cot was negative and you asked to hold?
09:51 Shai : 8504 supp
09:51 Shai : below that we drop to that 8430 again
09:57 Uttam : (09:36) Uttam : going for 8599 looks like NF
09:57 Uttam : 8597
09:57 Shai : +1
09:58 Shai : Not taking longs here , am waiting
09:58 Shai : failure by the seller at 8430 F today
09:59 Shai : but we should revisit that point today
09:59 Uttam : yes can reverse from here
10:00 Uttam : above 8599 that prominent POC pf 8670 can come
10:00 Shai : yes
10:00 Uttam : some shorts are trapped in this move up today
10:01 Chetas : Shai, how did you cconclude that seller failed at 8430.
10:02 Shai : pink bands turned to IB
10:02 Vishnu : if he win chetas then mkt will shown below that level na
10:02 Chetas : ok
10:02 Uttam : A period has the hgihest vols of Apr NF so far on 30mins
10:02 Uttam : and has given an IB at 8456
10:03 Uttam : imp level to watch
10:03 Vishnu : so they became failed sellers as they cant able to drop the mkt
10:03 Sagar : 70 k at 8600
10:04 Uttam : 70k red & 0s at top but need some more confirmatin
10:04 Sagar : cot is suportive
10:06 Yash : 8200PE AT 200
10:08 Shai : up aucytiodone
10:08 Shai : 8646 sl from here tgt 8320
10:08 Uttam : RS + IS forming with 0s at top
10:09 Kushal : +1 Shai
10:09 Chintan : BREAK OF VWAP VALIDATE MORE
10:11 Uttam : back below PDL
10:11 Uttam : 8560 IS
10:11 Sagar : book here or wait ? short from 8600
10:12 Shai : yes can
10:12 Chetas : below vwap, can extend down further?
10:12 Chetas : 8504 almost came
10:12 Rajesh : can we short
10:13 Vijay : scalping day today
10:14 Shai : short in- (10:08) Shai : 8646 sl from here tgt 8320
10:16 Prateeek : what kind of day does it look like
10:16 Yash : 8200pe 200 to 211, finally recovered half from morning SL!
10:17 Shai : put orders to boiok half at 8463
10:17 Uttam : bew lows coming?
10:17 Uttam : new*
10:17 Kushal : vwap gone
10:19 Shai : maintain sl at 8565F now
10:20 Kiran : screen blank
10:20 Rajesh : .
10:21 Swapnil : SL hit. :/
10:22 Suresh : I am in -3DT
10:22 Uttam : RB at VWAP in NF
10:22 Shai : exit for now
10:22 Uttam : 8500
10:22 Suresh : Exited all
10:22 Uttam : late shorts being removed here
10:23 Uttam : C period in play
10:23 Kushal : that last friday pathetic price slowness is back
10:24 Shai : on 2 trades? – (10:22) Suresh : I am in -3DT
10:24 Shai : you risk managemnt is wrong
10:25 Shai : max you should be down -1 DT. in trade in minus and 1 scratch considering you took only these from open
10:25 Shai : Auction has character today
10:26 Shai : but the day is still young
10:26 Shai : And we will come back
10:26 Madhav : Shai any comments on Sustained upmove despite continuos negative COT
10:26 Madhav : for that 25 mins Negative COT is 3.5L
10:26 Shai : generally does not last
10:27 Kushal : Shai will it be prudent to wait till NF breaks the session midpoint? and then short?
10:27 Uttam : reds are trapped Kushal so till OF does not show them doing a good job no shorts
10:27 Chintan : 5min not closed < vwap in both NF BNF
10:27 Madhav : ok, So clean short below VWAP 5 min close
10:27 Uttam : rb+ib in both
10:27 Uttam : 8540 & 19490
10:28 Kushal : ok UG 🙂
10:28 Himanshu : UG – in 30mths all COT are negative
10:28 Himanshu : in nf abd BNF
10:28 Uttam : but sellers not doing a good job today
10:28 Himanshu : NF- -500K
10:29 Himanshu : y
10:29 Uttam : sellers need to keep auction below VWAP
10:29 Himanshu : ok agreed
10:30 Uttam : one test of that 8674 coming looks like
10:30 Sanjib : it will be good if it happens in C
10:31 Sachin : i have not seen a trade since morning as price and cot are not in confluence for most times… seems like a wobbly day since start
10:31 Himanshu : sachin scalp with 1/2 lot
10:31 Himanshu : for both side on negative cot – for 2 candles
10:32 Sachin : nahi yaar, will stay away, will not trade till comfortable… more peaceful
10:32 Shai : stand by Guys
10:32 Sanjib : C side extension coming?
10:32 Shai : we wait for the trade to come to us
10:32 Sachin : yes sir
10:32 Chintan : yes shai
10:32 Kushal : +1 Shai
10:33 Rajesh : let us wait for c side ext
10:33 Yash : PE trades are brining pain today!
10:33 Sachin : there is also a wide gap between future and spot – there was a dislocation in the morning if you noticed… almost a 1% gap
10:33 Sachin : it's not about the points difference today
10:33 Pritesh null : nifty FUT PAIN LEVEL 8500 should go below that
10:34 Madhav : Shai that 8666 level you spoke about is the key perhaps
10:34 Yash : will take a small break,
10:34 Shai : yes we review the bias if that goes
10:35 Vishnu : suresh are u joined today ?
10:36 Suresh : nopei amhere from 2 months
10:36 Vishnu : ok
10:37 Suresh : im the new suresh who joined
10:37 Vishnu : just watch the room for sme days
10:37 Uttam : @Vishnu new Suresh will not know about DT 🙂
10:37 Vishnu : analyse and trade
10:38 Vishnu : yes ug many similar names
10:38 Suresh : just watching
10:38 Vishnu : 6 more min to c ends
10:39 Seshadri : nifty moved beyond 1IB
10:39 Gopi : 63k reds
10:39 Rajesh : ug c side trade
10:39 Rajesh : ?
10:39 Vishnu : rajesh let c ends
10:39 Uttam : 8674 coming guys
10:39 Rajesh : ok
10:40 Uttam : D needs to make a higher hihg
10:40 Uttam : 8630 needs to be taken out
10:40 Sanjib : UG- can we take a short below 8600?
10:41 Uttam : C side is in play though
10:41 Uttam : as unable to stay above IBH & 68k red
10:41 Uttam : but shorts have been getting squeezed today so far
10:41 Uttam : will will wait for D to show some more signs
10:42 Chintan : +1 UG
10:44 Chetas : uttam, now if we come below IBH and go below IBL, this will be a FA?
10:44 Uttam : yes
10:44 Chetas : the we wuse 1ATR/2ATR for arriving at trgts?
10:44 Chetas : *use
10:45 Uttam : yes
10:45 Uttam : new hgihs coming looks like
10:45 Boppanna : SPX still up
10:45 Uttam : boom boom
10:46 Govind : 8700CE from 236 to 261
10:46 Govind : had a stop out and a scratch earlier too
10:46 Uttam : OTF up since open
10:47 Uttam : though C gave a PBL in both
10:47 Upendra : OTF means???
10:47 Uttam : One Time Frame
10:47 Suhas : 33k red
10:47 Chetas : when this potential FA, can turn in to IB breakout? if we stay above IBH for D period/
10:47 Upendra : Noted, Thank you
10:47 Chetas : ?
10:48 Uttam : @Chetas for time being it is not a probable FA as above IBH
10:48 Uttam : only once it breaks VWAP we start to look at it as a probable FA that too if is has not stayed above IBH for more than 30mins
10:49 Chetas : thanks uttam
10:51 Suhas : tough fight
10:51 Vishnu : not a promising single cot from the open shai alll 30 min in minus only
10:52 Suhas : neither buyer doing good job as well
10:53 Uttam : 8674 & 8750 on cards in NF if we stay above VWAP today
10:53 Uttam : shorts if 8544 goes
10:57 Pritesh null : vix 73 be cautious pain levels 7500
10:57 Pritesh null : sorry 8500 nifty FUT
10:57 Uttam : hardly any options OI there Pritesh so better not to look at pain & OI indicators
10:58 Boppanna : Took BNF short at 750 with strict SL Friday POC+ filter OF bias for short 16K red and tgt 80-100pts part booking here
10:58 Uttam : this week Wednesday is the expiry guys
10:58 Uttam : Thursday is off & so in next Monday too
10:58 Rajan : Thanks Uttam
11:03 Govind : and April 10th too, Good Friday
11:04 Vijay : spx 1% up
11:05 Boppanna : all out
11:05 Suhas : vwap coming Ug?
11:09 Rajan : Congo Bops
11:12 Boppanna : thx Rajan just managed to wash away random BNF trade morning sin
11:13 MJ : Cheers bop.
11:13 MJ : Went with C side in nf. got small bread butter trade.
11:16 Uttam : both NF & BNF not tagging VWAP
11:16 Boppanna : like Shai waited for trade for that had that POC as ref for SL and 16K held well
11:16 Boppanna : *said
11:16 Uttam : BNF was a good short at that composite POC
11:16 Uttam : but not a C side
11:16 Uttam : C isde set up has not yet given its first objective
11:16 Uttam : which is VWAP
11:17 Uttam : 8556 low in NF in this dip – (10:53) Uttam : shorts if 8544 goes
11:20 Shai : +1
11:20 Shai : UG has motivated the buyers today 🙂
11:20 MJ : 🙂
11:21 Shai : test of 8464
11:21 Saheer : 🙂
11:21 Shai : sl abv 8640
11:21 Suhas : +1 shai
11:21 Uttam : 🙂 Shai _/\_
11:22 Shai : C ext has come between c and D today
11:22 Shai : I mean C ext high
11:23 Uttam : @Leela my messages not going through so please ping on slack
11:23 Suhas : UG usko ane de niche…she bhuke baithe hai
11:24 Suhas : sher*
11:24 MJ : Yes CD in cusp. Chief i took that 8646 as sl again to short.
11:24 Shai : move down to 8611 and hold if 8511 breaks
11:25 Himanshu : you mean 8411 Chief
11:25 Shai : sellers have not managed vwap\
11:25 Kiran : screen gone
11:26 Ravi : screen gone
11:26 Suhas : screen
11:27 Ravi : visible now
11:27 Suhas : +1
11:30 Shai : 2 imp points here since extension has not come abv IBH
11:30 Shai : one is vwap and second is the zone at 8495 which is the singles of A
11:30 Shai : sellers have to take out both to be called doing a good job
11:31 Shai : buyers do a good job if they get an extension abv IBH
11:31 Shai : hope we are clear @everyone
11:31 Srinivas : +1
11:31 Suhas : +1
11:31 Chintan : yes shai
11:31 Rajan : +1 Shai
11:32 Abhijith : yes shai
11:32 Avinash : Yes SHai
11:32 Ravi : yes Shai
11:32 Shai : Also extension has to be abv POC by buyers since any singles below POC are not considered good
11:34 Bhupinder : shai,ibh is 8610 and high is 8640, is this not ib ext?
11:35 Shai : came in C
11:35 Bhupinder : right
11:35 Sagar : 511
11:35 Uttam : Shai can we go back to 30mins on the GoToMeeting?
11:36 Suhas : agresive reds at 8511
11:36 Pritesh null : nifty now 8500
11:36 Vishnu : yes shai possible to switch 30 in goto
11:36 Praveen : yes plz 30 mt
11:36 Pritesh null : I told when it was 8620+
11:36 Ankit : yes 30 pls
11:37 Shai : Okay
11:37 Uttam : thanks Shai 🙂
11:37 Shai : let's put a poll up actually
11:37 Shai : please vote
11:38 Ankit : thanks
11:38 Rajan : 30 min
11:38 Rajesh : 15
11:38 Seshadri : 30 min
11:38 Sandesh : 30 min
11:38 Pritesh null : 30 min
11:38 Ravi : What is the benefit of moving to 30 mins or 15mins
11:39 Tejpreet : As long as vix above 50 15 is better but let's see poll results. am ok with both.
11:39 Abhijith : 30mins
11:39 Shai : 55-45 . Please vote
11:40 Tejpreet : 100 votes , you mean or pecentage Shai !!
11:40 KK : trifecta stuck at lows ?
11:40 Bhavani : 30 mins is better .. because we would be able to see from the days start till almost end of day
11:40 Suhas : any news
11:40 Kiran : news?
11:41 Tejpreet : Looks like Uttam ensuring sellers are trapped today 🙂
11:41 Shai : changed to 30
11:41 Shai : Thank you all for voting
11:41 Ankit : thank you shai
11:42 Suhas : UG NSE me baithe ho kya
11:42 Uttam : wish it was in my hands 😉 – (11:41) Tejpreet : Looks like Uttam ensuring sellers are trapped today 🙂
11:42 Suhas : trapping sellers
11:42 Suhas : :))
11:43 Kiran : UG has access to some secret data..
11:45 Uttam : we had IB in the first 30min today
11:46 Uttam : which shows buyers having some intent today
11:46 Uttam : also the 30min bar had highest vols of 35L in apr series so far
11:47 Uttam : 8476/ 8456 would be the imp referenced in NF
11:48 Swapnil : yearend closing high attempts by MF?
11:48 Uttam : IB forming at VWAP
11:48 Uttam : that I do not know, can only comment on OF – (11:48) Swapnil : yearend closing high attempts by MF?
11:49 Swapnil : 🙂 Uttam
11:52 Uttam : 8616 is RS on 30mins so right now fight between these 2 levels with VWAP acting as a mediator 😉
11:53 Sachin : something seems very strange, bn almost all stocks apart from axis are down, others just 1% odd, hdfcbank, icici and kotak all over 3% down
11:53 Sachin : but futures is only down 1.4%
11:56 Govind : 8511 on watch per Shai and IS developing there (8512)
11:56 Shai : 8490
11:56 Uttam : C side low goes
11:56 Uttam : into the morning buying tail
11:56 Tejpreet : +1 Shai.
11:56 Govind : 8400PE from 254 to 280
11:56 Uttam : lets get that -1L COT here
11:56 MJ : Chief allout.
11:56 Vijay : +1 Gov
11:56 Pritesh null : exit shorts now 8490
11:56 Chintan : IS forming
11:56 MJ : A period singles.
11:57 Pritesh null : from 8500 no more shorts
11:57 Pritesh null : from 8600 to 8490
11:58 Rajiv : Shai Below 8490 we are heading to?
12:00 Shai : 8383
12:00 Shai : 8533 sl from here
12:00 Shai : COT is still good
12:02 Shai : clean below 8449 again
12:03 Shai : looking for a neutrald ay
12:04 Uttam : FA also please 😉
12:04 Shai : 8459
12:06 Uttam : from 'p' to bell forming now
12:07 Yash null : since morning -1 dt is not leaving me :D, premium going down,
12:08 Pritesh null : nifty 9000ce @ 86 days low won't break Tgt 140+
12:08 Suresh : I am from -3DT to -1DT
12:08 Pritesh null : my view friends
12:08 Bhavani : Well done suresh
12:09 Pritesh null : 83 now
12:11 Shai : Pritesh stop
12:11 Shai : you are confusing everyone
12:13 Uttam : 31k green at 8460 i Nf stslling this move lower
12:14 Yash null : Shai, certain force saving the day?
12:14 Uttam : (11:47) Uttam : 8476/ 8456 would be the imp referenced in NF
12:14 Uttam : low in NF dot 8456
12:15 Shai : has to break below- (12:02) Shai : clean below 8449 again
12:15 Suhas : done 2DT .will wait for good opportunity now
12:15 Shai : till then the 2 way mode is on
12:15 Uttam : +1 Shai
12:15 Uttam : lets get a RS at vwap now 😉
12:15 Suhas : yes
12:15 Sanjib : + 1 Uttam
12:20 Uttam : RB of 31k gets vwap
12:24 Shai : +1
12:25 Shai : new short below 8449 for 8383 sl of 9499
12:25 Suhas : +1
12:26 Chandrashekhar : 8499 SL you meant shai?
12:27 Shai : yes
12:34 Suhas : who si defending today dont understand
12:34 Swapnil : @Suhas MF for March 31. guessing.
12:39 Ankit : rula diya isne
12:39 Ankit : gi hi nahi raha below 8460
12:41 Suhas : there u go
12:41 Uttam : @Pritesh that is why never use 'WILL NOT' – (12:08) Pritesh null: nifty 9000ce @ 86 days low won't break Tgt 140+
12:42 Swapnil : Shai – shorts IN !
12:42 Uttam : confirming FA?
12:42 Suhas : ha bhai will not word nikaldo…bade bade account khali hote ye word se
12:43 Shai : buy 8300 pe at 240 sl of 220 tgt 280
12:45 Vishnu : was short at 8600 level looking at the c side extn and placed sl above pclose. booked half now at 8450.
12:45 Yash null : Vishnu +1
12:46 Vishnu : morning loss fully recovered
12:46 Boppanna : Uttam BNF also can you do the needful on the FA confrimation you seem to have forgotten her today 😉
12:46 Uttam : lol Bops
12:47 Uttam : see where BNF made highs today – (09:05) Uttam : a) BNF needs to sustain above 19820-845 for a rise to 19950-967 / 20064-81 / 20130-180 / 20251 / 20326-350 & 20425
12:47 Yash null : aa …aa aaja…:D
12:48 Boppanna : +1 yes that 770 was red line as well
12:48 Shai : (09:58) Shai : failure by the seller at 8430 F today(09:59) Shai : but we should revisit that point today
12:48 Boppanna : +100 SHai
12:48 Shai : revisit done
12:48 Uttam : +100 Shai
12:48 Govind : +1 Shai
12:49 Govind : we have redheads again
12:49 Shai : some of you were worried when the NF was going up on reds
12:49 Shai : I told you it will reviist . COt always leads . Sometimes the lag is more , but COT leads the move
12:50 Himanshu : now
12:50 Himanshu : Chief
12:50 Himanshu : we cover hre
12:50 Himanshu : or trail
12:50 Abhishek Lalwani : yes te lag tested patience today
12:50 Shai : trail 8480 now
12:52 Shai : still trading for a neutrald ay
12:52 Shai : but buyers more resolved today
12:57 Shai : Exit the PE at 248 cmp
12:57 Sanjib : NF OI gone up from 9.95 MM to 10.125 MM since 12:25 PM
12:58 Shai : cut the NF shorts also
12:58 Shai : things not adding up
12:58 Shai : will wait
12:58 Shai : dpoc shift
13:00 Himanshu : k
13:01 Himanshu : jit missing today
13:02 Santhosh : Gov. 2
13:04 Uttam : Gov very much in
13:04 Santhosh : k
13:04 Uttam : (12:48) Govind : +1 Shai(12:49) Govind : we have redheads again
13:04 Uttam : hammer man doing his job quietly
13:04 Shai : -62 biggest of the past 1 hour
13:04 Uttam : 9 more mins for new lows
13:05 Shai : fellow was waiting for me to go 🙁
13:05 Ankit : even i moved out
13:05 Ankit : was in at a good price
13:05 Ankit : damn
13:05 Ankit : entered again late
13:05 Suhas : still there with half
13:05 Himanshu : haha Chief
13:06 Abhishek Lalwani : lol
13:07 Shai : 8461 trailing for anyone still in
13:07 Vishnu : +100 shai i beleiv my full faith in cot. thats why i said shai going without not promising cot . just did 3lot at 8600 and waited with 8652 as sl in mind or else a promising cot.
13:07 Shai : should go below 8370
13:08 Vishnu : which given my today loss back. as u said shai u hve every right to take the money what u losse
13:08 Chintan : 52k green
13:09 Shai : +1 Vishnu
13:09 Shai : (10:26) Madhav : Shai any comments on Sustained upmove despite continuos negative COT(10:26) Shai : generally does not last
13:09 Shai : day lows
13:09 Chintan : +10shai
13:09 Chandrashekhar : @ Shai..one query, you give thiose levels on fut based of the OF cot…how do you arrive at this ref…
13:09 Uttam : FA confirmed in NF and please do the needful in BNF too Bops
13:09 Boppanna : FA in NF and BNF waiting
13:10 Boppanna : 🙂
13:12 Shai : look for 8370- 8383 break now
13:12 Shai : That FA today confirms negative bias for week below 8668
13:13 Vishnu : wht will be atr tgt shai
13:13 Shai : My tgt is 7900 F on this move
13:13 Uttam : 8026 is 1 ATR
13:13 Shai : Uttam will give his FA tgts
13:14 Rajan : Thanks Uttam
13:14 Vishnu : 7966 mine ug
13:15 Vishnu : why this diff as per suyog in mplit atr stands at 674 for 5 days and 755 for 14 days
13:15 Vishnu : shais 7900
13:15 Shai : It's a guide
13:15 Vishnu : some god diff i follow atr in mplite
13:15 Shai : 7940 is based on auction not FA
13:16 Shai : FA is separte conf
13:16 Vishnu : k shai
13:16 Uttam : @Vishnu you have different ways to calculate ATR
13:16 Uttam : I use the simple high minus low range of everyday
13:16 Uttam : do not consider gaps
13:16 Uttam : but other fulmulas consider gaps also
13:17 Himanshu : chief are we for Ney u day
13:17 Himanshu : Neutral Day
13:17 Shai : yes
13:17 Uttam : BN spot confirms FA at hgihs but Nifty does not
13:17 Uttam : role reversal in both
13:18 Vishnu : himan what tis the characteristic of neutral day
13:19 Himanshu : closing in centre
13:20 Vishnu : no extn happening as of now both sides move is here \
13:20 Vishnu : mkt will try to close at vwap or look for move after 2 pm
13:20 Himanshu : oh yes
13:20 Vishnu : if today neutral day tom will be a trend day
13:20 Vishnu : is it shai?
13:21 Shai : no
13:21 Vishnu : lower break done and higher break done
13:21 Vishnu : ok shai please clear so others also notice
13:23 Vishnu : shai as per u 9/10 neutral days will give some trend day after that?
13:23 Seshadri : today looks like premium eating day for option.. 8500 expiry has come down from 600 to 530
13:23 Vishnu : i need that
13:23 Vishnu : i am sell from that combo 8600
13:24 Seshadri : i sold 8500 combo
13:24 Vishnu : good but book it wisely 600 range will kill the profit
13:24 Suhas : i sq all …happy with 2DT…its testing patiance
13:25 Suhas : now it will brk once we r out
13:25 Kushal : had internet issues.. back now.. COT k ghar der hai andher nahi… price converges to COT sooner or later
13:25 Vishnu : means kushal
13:26 Boppanna : BNF confirms FA
13:26 Vishnu : bops some days ur busy no mesages
13:29 Boppanna : Generally try to share when I see something in the OF and ref and Shai and Uttam here to handhold beautifully more inputs on positions may confuse others as well
13:29 Yash : Looks like after 5days +ve mtm, ill end up in -ve today
13:29 Yash : 😀
13:30 Kushal : means was skeptical in the morning of the upmove.. but still took some ce trades and took a loss.. COT was never convincing to go long so the price converged to the COT. Vishnu 🙂
13:30 Ankit : then move out yash. anyway today options move isnt very strong
13:30 Vishnu : yash ry to study what happened today . stop and read the trade
13:30 Ankit : i m also just 0.2 DT irrespective of being in the rigth direction and trade
13:31 Ankit : the moves are coming in tranches, and more often than not in yo -yo.. makes it difficult
13:32 Ankit : because of the yo-yoing: either you miss out on booking profits or exit early
13:32 Suhas : trading solely based on COT is injustice to the system Guys, We need to go In depth….and not to trade till the time things are not reaching u r brain for conviction
13:32 Kushal : missing my setup which is in office…. only 1 laptop is not enough… and because of lockdown could not take the benefit if the trades.. 🙁 .. some forced vacation i guess
13:32 Sachin : fa at lows too UG?
13:33 Vishnu : sachin let it goes the otherside
13:33 Boppanna : Sachin FA explanation on vtrender site and slack pls do read up
13:34 Sachin : sure
13:35 Vishnu : no need to worry for fa. we have ug and he is called by a name # Eagle Eye#. He wont miss any fa.
13:35 Yash : yeah am out for a while
13:36 Himanshu : 8000 PE 153-135
13:36 Swapnil : charts stuck?
13:37 Sachin : read bops 🙂
13:37 Suhas : +1 Vishnu, thumps up to UG
13:37 Yash : actually we are 240 pts down in nifty yet, 8200pe has lost 40 points, this is new normal 😀
13:38 Vishnu : are u saying weekly pe
13:40 Himanshu : yes check vix
13:41 Boppanna : @Ankit on that 13:32 my 2 cents if it happens more than 2 times mostly ur trade position and SL was not accurate
13:42 Ankit : yes bops i agree
13:42 Ankit : Sl was too tight
13:43 Ankit : thanks +1
13:43 Leela : guys is tat +ve cots leads for vwap testing? am i right.. plz correct iam wrong
13:43 Uttam : one sad news guys 🙁 Vasant's (VT member from Goa) mother passed away today and he just pinged to inform me, lets all have a prayer for the departed soul & wish him and his family the strength to overcome this loss
13:44 Uttam : @Leela you need to identify the OF concepts – RB will get you to VWAP provided COT is also supporting
13:44 Ankit : ohh so sad 🙁
13:44 Tejpreet : Condolences to Vasant , really sd news.
13:44 Govind : My hearfelt condolences to Vasant and his family, may his mother rest in peace
13:44 Rajan : Condolences to the family…
13:44 Shai : sad news . Condolences . Prayers to his Mom on the next journey
13:44 Chintan : condolences to vasant & family
13:45 Diipesh : om shanti
13:45 Sanjib : Sad to hear about that… RIP
13:45 Ketan : _/\_ heartfelt condolences ., uttam pls convey the same to vasant ., on all our behalf.
13:45 Yash : yes
13:45 Suhas : sincere Condolence with Vasant and family
13:45 Kannan : heartfelt condolences
13:45 Himanshu : Sad May god rest soul in Peace and gives courag e t fly to bear loss
13:45 Saheer : heartfelt condolences
13:45 Rajesh : sad news condolences
13:45 Rajiv : Heartfelt Condolences to the family
13:45 Avinash : Heartfelt Condolences to the family. May auntie's soul rest in peace.
13:46 Milind : RIP
13:46 Suren : heartfelt condolences to Vasant and Family
13:46 Ravi : Om shanthi …
13:46 Piyush : Sad news. Om shanti.
13:46 Indarpal : so sad to hear that, my haert felt condolences
13:46 Kushal : Om Shanti
13:47 Prateeek : May god bless the departed soul and provide strength to the family members and friends.
13:47 Neeraj : Condolences to the family .
13:48 Suyog : oh, RIP.. heartfelt condolences to Vasant and family _/\_
13:48 Himanshu : Ug dont have corage to play Neutral profile
13:48 Uttam : passed on the wishes & prayers to him guys and he says he is grateful to all
13:48 Yash : Sad News, RIP
13:48 Himanshu : i mean to short PE below 8400
13:49 Sagar : RIp
13:49 Himanshu : unless we go above 8460
13:49 Himanshu : UG whats youe take
13:50 Uttam : you remember that BigB dialouge of is duniya menin to tarah ke keeda hote hain Himanshu 😉
13:51 Abhishek Lalwani : om shanti
13:51 Uttam : similarly Neutral can be of 2 types
13:51 Himanshu : ok
13:51 Himanshu : Neu ex down
13:51 Suhas : +1
13:51 Himanshu : nd centr
13:51 Uttam : Neutral Centre or Neutral Extrme
13:51 Himanshu : yes
13:51 Uttam : so let see what signs we get in the last 90 mins
13:52 Suhas : this can turn NE ….Ug
13:52 Uttam : 98k green
13:52 Uttam : 0s
13:52 Himanshu : zeros both side
13:52 Himanshu : m swaha
13:52 Swapnil : finally
13:52 Vishnu : very sad. ug tell him to stay strong
13:52 Sanjib : that 1L guy seems to have covered his shorts
13:53 Govind : 8400PE from 265 to 303
13:53 Vishnu : am going out . my cousin got some heart attack symptoms . take care all
13:53 Sagar : 2 DT done
13:53 Swapnil : Take care Vishnu.
13:53 Yash : Oh, tc Vishnu!
13:53 Sagar : tc Vishnu
13:54 Himanshu : TC – Vishnubhai
13:54 Abhishek Lalwani : omg whats happening today
13:54 Ketan : @shai does your morn ref 8326 still valid ???
13:54 Ketan : is* not does
13:55 Shai : still valid
13:55 Ketan : ok thanks !
13:55 Shai : 8465 tsl
13:55 Sagar : is that fresh buying at VPoc
13:56 Boppanna : Condolences to Vasant & family
13:56 Yash : follow through 🙁 nai aa raha kahi pe bhi!
13:57 Himanshu : Yash is slow kill
13:58 Himanshu : we are used to Zhatka
13:58 Himanshu : this is Halal
13:58 Rajesh : shai is it buy call 13.55
13:58 Rajesh : sorry
14:00 Uttam : 8335 coming in NF?
14:01 Suhas : YES LET HIM COOL DOWN
14:02 Suhas : covering
14:02 Shai : 8465 sl from here 8410 tgt 8310
14:04 Govind : Shai, this 1 lac is a square?
14:04 Shai : yes
14:04 Govind : thanks
14:05 Uttam : above 8465 if it gets taken out can do another 100 up for form a nice bell today – NF
14:05 Uttam : right now PLR down
14:07 Shai : prem 0
14:08 Shai : jokers
14:10 Rajesh : what is VPOC at 8377 ,is it PD
14:10 Shai : prev vpoc
14:10 Shai : -3
14:10 Shai : D-3
14:10 Rajesh : ok
14:11 Shai : 25th
14:11 Rajesh : thanks Shai
14:12 Sagar : exit or wait from thje shorts
14:12 Himanshu : BNF spot jumping
14:13 Shai : exit
14:13 Shai : spread is coming in the way of the trade\
14:13 Shai : +21 noiw
14:16 Ankit : anyone here uses trad racer (icici)
14:16 Ankit : Trade racer
14:19 Rajesh : can we expect a balanced market tomorrow?
14:19 Rajesh : 200 pts
14:24 Boppanna : Shai speed of the moves likely to be slower from hereon?
14:26 Suhas : is the blast reserved for last 30 mins?????
14:27 Sachin : have we got used to 85+ VIX style of trading, 300 point moves ;-),
14:27 Sachin : i realized no point doing options today, complete lack of demand, better do small futures lots
14:28 Uttam : yes that is why I also shifted to the monthly options
14:28 Seshadri : closed my combo of 8500
14:29 Himanshu : beast running upward
14:29 Himanshu : BNF spot
14:34 Uttam : extension handle coming for NeuX?
14:34 Seshadri : superb shai
14:36 Govind : NF IBL still holding
14:36 Govind : spot
14:36 Ankit : +1 sachin and uttam
14:36 Ankit : weekly option was sucha spoil sport today
14:36 Shai : shoukd do 7945 from here by wed
14:36 Govind : +1 Shai
14:37 Ankit : +1 shai
14:37 Govind : Gujral wants 10000 🙂
14:37 Yash : what does this cot mean?
14:38 Himanshu : he ha sbeen buying 10000 CE
14:38 Himanshu : since last week
14:38 Seshadri : commitment of traders
14:38 Yash : 0 at low, and +100k cot
14:38 Uttam : 1L COT
14:38 Uttam : RB forming so looks like trip back to vwap coming
14:38 Govind : good buying @ day's lows Yash
14:39 Uttam : 5 more mins for new EXT handle
14:39 Rajiv : Shai do we can carry positions till Wednesday. Any Sl
14:39 Uttam : Spike will be nice
14:39 Govind : let's get it UG
14:39 Shai : 8385 sl for 8310 20 points risk
14:40 Uttam : OTF down in NF since it tagged that 8640
14:40 Rajiv : Thanks
14:41 Govind : NF spot breaks IBL
14:42 Uttam : (14:00) Uttam : 8335 coming in NF?
14:43 Shai : 8335 close half- (14:39) Shai : 8385 sl for 8310 20 points risk
14:43 Suhas : got disconnected
14:43 Uttam : Nifty Spot also making new lows now
14:44 Shai : 8310
14:44 Sandesh : +1 shai, superb
14:44 Chintan : +1 shai
14:45 Sagar : superb 🙂
14:45 Swapnil : Shai, trail here?
14:45 Shai : A,B,C,D,E.F,G.H was all minus COT today
14:45 Shai : book full- (14:39) Shai : 8385 sl for 8310 20 points risk
14:45 Avinash : +1 Shai
14:45 Tejpreet : +1 Shai
14:46 Seshadri : +1000 shai
14:46 Indarpal : superb shal
14:46 Ketan : good on e shai !
14:46 Uttam : (14:39) Uttam : 5 more mins for new EXT handle(14:39) Uttam : Spike will be nice
14:46 Tejpreet : Uttam NE till 2ib 🙂
14:47 Shai : A singles gone from 26/03
14:47 Shai : this is a fast zone now
14:48 Uttam : 8222 ext handle
14:48 Uttam : can we tag that?
14:48 Seshadri : superb call shai
14:48 Shai : 8118 tgt
14:48 Uttam : yes 8116 next ent handle below 8222
14:48 Shai : sl abv 8325 for neu x
14:54 Shai : time to break 8227 now
14:56 Shai : COT is not going red
14:57 Shai : 8299 TSL
14:57 Seshadri : cot going red would mean shorts getting covred?
14:58 Uttam : opposite Seshadri
14:58 Bhavani : Not exactly.. Seshadri., More sellers ..!
14:58 Seshadri : ok
14:59 Seshadri : so here would mean sellers increasing selling
15:01 Uttam : lets get some SL of longs now
15:06 Seshadri : thanks shai and uttam
15:07 Shai : exit shorts
15:08 Uttam : 89395 coming?
15:08 Yash : Nt a good day, -5dt
15:08 Uttam : 8335 needs to be taken out
15:08 Seshadri : intraday shorts exit?
15:08 Shai : may rise to 8377 onm this COT now
15:09 Shai : yes was for inttra day
15:09 Seshadri : ok shai
15:10 Shai : +20 prem again
15:11 Shai : will have to closely look at the OI today
15:11 Shai : some thing under the surface
15:11 Chintan : ok
15:12 Yash : `Shai, during this fall weekly pe didnt move up
15:13 Shai : happens when there is a shift between F and spot
15:13 Shai : Future was sound
15:14 Shai : option buyers are wounded today
15:14 Kiran : screen blank
15:14 Himanshu : came
15:15 Yash : and this blue cot all the way?
15:15 Shai : One samll upmove tom to chatch some sellers again and then down to 7900 by wed
15:15 Shai : yeah blue COT is cos people are not carrying
15:15 Shai : All morning shorts closing
15:16 Uttam : 5.35 L vol at 8260
15:17 Sachin : IV of nifty has fallen well below historical volalitity, strange it should then be buyers rulling isn't?
15:18 Yash : Ok,
15:18 Uttam : ext handle of 8350 remains
15:18 Sachin : 10 day historical iv is 112, where as today is 64
15:19 Sachin : chalo logging off folks, had losses today no big but should not have traded as was not comforable. lesson learnt. thanks all
15:20 Rajesh : any range for tomorrow
15:20 Rajesh : UG?
15:20 Shai : 7940- 8720 still larger range
15:21 Uttam : yes tough day to trade especially the first part but manager to recover some of the loss so tom will look to turn week into green MTM 😉
15:22 Govind : same here guys, got robbed by that accelerated premium erosion
15:23 Chandrashekhar : Thanks All, Bye now
15:23 Seshadri : thanks shai
15:23 Himanshu : had 1.5 DT clsoing here
15:24 Himanshu : very few trades but – so far good start to week
15:24 Uttam : congrats Himanshu
15:24 Govind : Congo HImanshu
15:24 Himanshu : cause brain is still set to fast move
15:24 Himanshu : Thx UG
15:24 Govind : Bye guys, see you tomorrow
15:25 Himanshu : best trade today was once – 8640 broke – was 8500 CE short – 250 Rs premium eroded
15:25 Himanshu : gov thx
15:25 Uttam : Neutral Extreme in both with FA at top
15:26 Ketan : nice himanshu !
15:26 Himanshu : Thx
15:26 Himanshu : as per Chief
15:26 Himanshu : 8640 Level was crucial – in yday twitetr post
15:26 Yash : Same here Sachin, though I went -5dt ….so big lesson
15:26 Himanshu : and how convincing it was – but when we keep watchingh 5 mt candle we get = confuded
15:27 Himanshu : on critical level – 30 Mts guide well
15:27 Ketan : +1 himanshu
15:27 Uttam : NeuX ref from 8357-8248 in NF
15:27 Yash : Today was a tough day indeed,
15:27 Uttam : 19020-18676 in BNF
15:28 Ketan : thanks uttam for the references !
15:28 Uttam : @Yash max loss in a day should be held to 3 DT which means 3 SLs hit & you do not trade anymore on that day
15:28 Ketan : thanks shai !
15:28 Uttam : we will get these kind of tough days so on such days it is more important to follow risk management more correctly
15:28 Chintan : neutral day for me .,…. initially 05 dt up but now closing at breakeven … thanks shai and UG
15:28 Santhosh : tnx bye
15:28 Avinash : Thank you Shai and Uttam.
15:28 Tejpreet : Bye All.
15:28 Avinash : Bye everyone
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Upendra : See you all..tomorrow
15:29 Rajan : Thanks All
15:29 Seshadri : thanks shai and uttam
15:29 Seshadri : thanks all
15:29 Himanshu : bye all
15:31 Suresh : see u all tomorrow. 1st day was good. need to do homework to understand the lingos used here. thanks all.
15:31 Rajesh : Thank you.