Order Flow charts dated 31st July

Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.

Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.

NF

30 Min Fp Nf 21 Order Flow Charts Dated 31St July 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 22 Order Flow Charts Dated 31St July Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

09:22 Shai : Intra – short BNF 28750 sl of 28875 tgt 28625

09:30 Shai : (09:30) Shai : BNF 28660- Those in can book half here and ride at cost the rest

09:34 Shai : (09:34) Shai : BNF TSL taken in balance.Flat now

09:41 Shai : Intra – short BNF 28830-835 sl of 28930 tgt 28625

09:49 Shai : (09:49) Shai : BNF exit the shorts

10:37 Shai : (10:37) Shai : Intra – short BNF again 28735- 40 sl of 28865 tgt 28600.. Trade smaller 50%25 size as mkt volatile

10:52 Shai : BNF at 28705 . Book the short here

11:22 Shai : (11:21) Shai : Intra – short BNF 28810 again sl of 29940 tgt 28640

11:29 Shai : (11:29) Shai : Exit the BNF at 28835 cmp

13:31 Shai : Intra – Buy BNF 28860 sl of 28770 tgt 29010

13:45 Shai : (13:44) Shai : BNF stopped. Make exits

14:41 Shai : (14:41) Shai : Buy 29000 pe at 172 sl of 140 tgt 240
(14:41) Shai : Intra

14:49 Shai : (14:48) Shai : 29000 pe at 188. Raise sl to cost 172 on this trade – Risk free

14:50 Shai : (14:50) Shai : 29000 pe at 239 near tgt . Book half

14:55 Shai : (14:55) Shai : Book the balance PE 200


08:59 Vtrender Live : 30 min charts – https://join.me/806-212-698
09:00 Vtrender Live : option charts – https://global.gotomeeting.com/join/401751357
09:00 Himanshu : GM all
09:01 Sai : good morning
09:01 Chandrashekhar : GM all
09:04 Shai : GM all
09:04 Uttam : Good Morning All 🙂
09:04 Shai : https://vtrender.in/market-profile-analysis-dated-30th-july/
09:05 Amjad : gm all
09:06 Shai : 11080- 11136- 11176 spike zone ref for next few days
09:06 Himanshu : Chief in 30mt NF – Last raw of COT is not seen incase you may adjust ,,
09:07 Uttam : Shai any chance you could view the USDINR chart Aug F? Gap up today & seems to be holding so can chold longs in it?
09:07 Himanshu : Chief heard on TV – FIIS covered their shorts .. can we see iat
09:08 Shai : 29180- 28905-28801 spike ref zones in BNF
09:08 Uttam : @Himanshu they may have covered in Fut but options they are still very much bearish
09:08 Uttam : see the addition of PE longs & CE shorts in Suyogs report
09:08 Himanshu : yes that’s hedge mainly
09:08 Himanshu : thats incase we slip further,,
09:08 Rushabh : https://twitter.com/vish107/status/1156386499685842946?s=20
09:09 Uttam : we are already in slipping mode 😉
09:09 Himanshu : yes
09:09 Himanshu : DO you see BNF slipping further for 01 Aug weekly
09:09 Himanshu : or we may pass 2 days balancing in yday profile
09:14 Thanika : GM all
09:16 NP : #QuickTrade ….. fastest finger first …… 28500CE 250-282 …. all out
09:16 Govind : BNF spot below 28650
09:16 Shai : 11025 lower supp in NF for day
09:16 Govind : Naren, awesome
09:17 NP : Thanks Govind
09:17 TP : GM All.
09:19 Govind : 28800 CE OI spiked
09:19 Govind : and crossed over
09:20 Govind : 28700 about to kiss
09:20 Uttam : 28700 sup in BNG
09:20 Uttam : BNF
09:21 Uttam : weak only below it
09:21 Uttam : 11055 in NF
09:21 Shai : Intra – short BNF 28750 sl of 28875 tgt 28625
09:22 Govind : +1
09:22 Govind : Vix over 14
09:23 Sai : shud we wait for the rise or can we short now@shai?
09:24 Shai : slipped away quicky can short half here
09:24 Sai : ok
09:25 Shai : auction below the spike
09:30 Rushabh : bots axis bank trade! super
09:30 Shai : BNF 28660- Those in can book half here and ride at cost the rest
09:31 Shubro : +! Shai
09:31 Sai : awesome….
09:31 Boppanna : +1 Shai
09:32 Boppanna : Uttam’s Hypo d) Below 28712, lower levels of 28660-650 & 28595-570 could come into play
09:32 Boppanna : Low 655 so far
09:33 Shai : quick market and it won’t wait for you
09:34 Shai : if you hesistate it is gone
09:34 Shai : stay sharp
09:34 Shai : BNF TSL taken in balance.Flat now
09:35 Boppanna : +1 Shai and BNF even a few seconds of entry late the price flies no point entering late trade
09:35 Uttam : RB in both
09:36 Shai : 200 up almost in BNF
09:36 Rushabh : bot is long icici also
09:38 Uttam : closing the gap & testing PDL
09:38 Uttam : staying above 11080 & 28801 and gettong above 11095 & 28850 needed for more upside
09:39 NP : +1
09:40 Sai : is this a trend up market….like the dip was only to book the shorts
09:40 Boppanna : One touch to 855 due in BNF
09:41 Uttam : yes that hvn calling
09:41 Shai : Intra – short BNF 28830-835 sl of 28930 tgt 28625
09:42 Shubro : haha Shai already in
09:42 Uttam : Shai 30min chart need adjustment
09:42 Shubro : _!
09:42 Shubro : chalo chalo neeche
09:42 Uttam : thanks Shai
09:43 Uttam : 28850 here
09:44 NP : #ContraTrade …… 10900CE 140-165 ….. all out …… 5DT Done ….. Done for the day.
09:44 Uttam : (09:38) Uttam : staying above 11080 & 28801 and gettong above 11095 & 28850 needed for more upside
09:44 Uttam : 28900 done
09:44 Shubro : Naren da boss
09:45 Govind : congrats Naren
09:45 Uttam : above it sustaining can give 29020
09:45 NP : Naren da GOOD STUDENT Shubro
09:45 NP : Thanks guys
09:48 Shai : back in the MB
09:48 Shai : craxy and volatile
09:48 Shai : would be tested today
09:48 Sai : can we add one more here @shai?
09:49 Shai : no
09:49 Shai : trade small today
09:49 NP : it’s going to be a chop chop day
09:49 Shai : swings can come anytime
09:49 Shai : BNF exit the shorts
09:50 NP : turning on CAPITAL PROTECTION mode is the safest position for such days …. IMO
09:51 NP : option biggies balance their positions mostly on wednesday (weekly expiry positions)
09:52 Govind : 28800 CE from 126 to 166
09:52 NP : Congrats Govind
09:52 Govind : Thanks bro
10:02 Boppanna : Cut Back thru the MB BNF
10:02 Shai : yes
10:05 NP : Nifty Spot if breaks day low can slide till 10950 quickly …… choppy day ahead …… need to be cautious
10:13 Boppanna : Uttam was it a 3IB day in NF yesterday?
10:14 Uttam : yes Bops to the dot
10:14 Boppanna : Both Spot and FUt?
10:16 Uttam : no not in spot
10:16 Boppanna : ok Thx Uttam
10:25 NP : struggling to hold vwap
10:34 Shubro : chee chee will the markets respect any boundaries now i wonder
10:35 Shubro : Govind sorry was looking at other things…good trade bro
10:36 Shubro : Naren another trip beyond the south pole or halt here ?
10:36 NP : (10:05) NP : Nifty Spot if breaks day low can slide till 10950 quickly …… choppy day ahead …… need to be cautious
10:37 Shubro : hmm
10:37 Shai : Intra – short BNF again 28735- 40 sl of 28865 tgt 28600.. Trade smaller 50% size as mkt volatile
10:37 Shubro : aiyoo Shai again
10:37 Uttam : morning buyers being taken out here in bth
10:37 NP : +1
10:37 Shai : tough luck on the morning short
10:38 Shai : went over SL by 4 points and came down again
10:38 Shubro : yeah yeah recovered from that wiith this fall to vwap
10:38 Shubro : no worries ‘ol chap
10:38 Shai : trade 50% here
10:38 Shai : plan to add if we get 28820 again
10:39 Shai : +1- (10:38) Shubro : yeah yeah recovered from that wiith this fall to vwap
10:39 Shai : :)- (10:38) Shubro : no worries ‘ol chap
10:47 Himanshu : Side Talk on Random-
10:49 Himanshu : NEW LOW ON nIFTY SPOT
10:49 Shubro : today is drift down day
10:50 Govind : 28700 CE OI shot up and kissing now
10:50 Shubro : Kiss harder and move to next level
10:51 Himanshu : 10999.7 low on NF spot
10:51 Govind : but PE OI needs to drop
10:51 Shubro : PE not dropping pants
10:51 Govind : 🙂
10:51 Govind : Mr Vix is relentless
10:51 Govind : @14.5
10:51 Shai : BNF at 28705 . Book the short here
10:52 Shubro : Boooooked
10:52 Shubro : thank you Shai
10:52 Shai : will try to get a full size in near 800- 820
10:53 Govind : Max pain at 29k, has not moved snince yesterday’s fall
10:54 Himanshu : But OI dropped – on 29000PE
10:54 Rushabh : shai it has been weeks since we have seen big LLT buyers, any reason?
10:58 Boppanna : Anybody for 3IB play in BNF ?
10:58 NP : we may see a sustainable bounce
10:58 Himanshu : if left to Locals they will platy contra huge premium eainh chance
11:02 Boppanna : Needs to sustain 800 else back to 700 10:58 Boppanna : Anybody for 3IB play in BNF ?
11:02 Shai : fast markets mean more ditribution, they would stagger their entries – (10:54) Rushabh : shai it has been weeks since we have seen big LLT buyers, any reason?
11:02 Shai : 28820
11:02 Himanshu : Spot has been saved to break from 11000
11:02 Shai : wtf mode this BNF
11:03 Shubro : 28700 CE 126 to 148
11:03 Shai : 28700 ce pe getting massacred in parts
11:03 Shubro : dinga a ling trade
11:03 Boppanna : Nice.. 28600, 170-200 11:03 Shubro : 28700 CE 126 to 148
11:03 Govind : Uttam, what is the 1 ATR range in BNF ?
11:03 Rushabh : this applies on the upside as well shai? (11:02) Shai : fast markets mean more ditribution, they would stagger their entries – (10:54) Rushabh : shai it has been weeks since we have seen big LLT buyers, any reason?
11:04 Shubro : thanks Bops!
11:04 Uttam : 398 Govind
11:04 Govind : cool, thanks
11:05 Shubro : juicy place to short but carefuling here
11:07 Himanshu : Thanika – Cash NF & BNF
11:07 Himanshu : any view here
11:09 NP : decided to stay on sidelines but RR was too tempting to be missed …… 10900CE 122-145 ….. booked fully ….. 8DT done ….. now coffee time
11:09 Shubro : Nareeeen!
11:09 Shubro : BNF gone wild
11:10 Boppanna : 11:02 Boppanna : Needs to sustain 800 else back to 700 10:58 Boppanna : Anybody for 3IB play in BNF ?
11:10 Thanika : in meeting.. will be back.. sorry! (11:07) Himanshu : Thanika – Cash NF & BNF
11:10 Govind : You guys rock!!
11:11 Shubro : those zeros good sign Shai for longs?
11:12 Boppanna : Out 11:10 Boppanna : 11:02 Boppanna : Needs to sustain 800 else back to 700 10:58 Boppanna : Anybody for 3IB play in BNF ?
11:16 Himanshu : High vol in 5 mt – NF
11:16 Himanshu : both side
11:16 Himanshu : Govt Longs are on
11:16 Himanshu : ignoring other side..
11:19 Shubro : sort of structured buying setting in?
11:20 Himanshu : Govind Max pain now 28800
11:21 Shai : Intra – short BNF 28810 again sl of 29940 tgt 28640
11:21 Govind : Yeah Himanshu, and I feel that 28700 is also the key strike to watch on the downside
11:22 Shubro : wah Shai
11:22 Shubro : ncie
11:22 Shai : part of the plan was this – (10:52) Shai : will try to get a full size in near 800- 820
11:22 Shubro : ya Shai was waiting for that call
11:23 Shubro : was 1 second earlier
11:23 Shubro : hehe
11:23 Shai : 🙂
11:25 Prudhvi : shai plz adjust options chart.
11:28 Shai : done – (11:25) Prudhvi : shai plz adjust options chart.
11:28 Shai : the excess volatility is killing the option display
11:29 Boppanna : NF a probable FA ?
11:29 Rushabh : shai this hvn of 11033 is looking to give a small rise?
11:29 Shai : Exit the BNF at 28835 cmp
11:32 Uttam : 11075-73 & 28795 sup in both now
11:35 Bhavani : Seems that BNF is too volatile today 🙂
11:36 Shai : yes
11:36 Shai : is decided to stay here
11:36 Shai : could have got out at cost but didnt want to take chance
11:37 Shai : some peace and quiet here at 11080/ 28800 more likely now
11:37 Bhavani : Agreed.. ALerted on time..!
11:39 Gaurav : Spot confimans FA
11:39 Gaurav : *confirms
11:40 Govind : ).5 ATR done from IBL in BNF
11:40 Uttam : (11:29) Boppanna : NF a probable FA ?
11:40 Uttam : Bops you doing this 😉
11:41 Himanshu : Govind +1 congrates
11:41 Boppanna : lol Uttam I wish..did play the 3IB till POC 855 though in BNF
11:41 Shai : anyone here – which BN strikes have the highest volume since open?
11:42 Himanshu : 28500 PE
11:42 Shubro : 28500 ND 29000
11:42 Shai : okay thanks
11:42 Himanshu : 2900CE
11:42 Govind : 28500 PE and 29000 CE
11:42 Gaurav : 28.5k PE and 28.8k CE
11:43 Govind : Writers are trying to take this to 29000 Shai?
11:44 Shubro : dont see unwinding yet Govind
11:44 Govind : Yeah CE writing in 29000 is up just to scuk you and I in, Shubro 🙂
11:44 Govind : suck*
11:45 Shubro : yeah suckers we are
11:45 Shai : Thank guys
11:46 Shai : just wanted the mood of the option market
11:47 Shai : we shoud be near to 28820 by close today
11:47 Govind : Shai, we also see major put unwiding at 29000 and 28900
11:49 Gaurav : Spot of F, shai?
11:52 Uttam : 0s at top + stuck green trifecta
11:53 Uttam : DD upside coming?
11:55 Shai : good greens NF
11:56 Boppanna : Fed meet greens Shai?
11:58 Govind : 28700 CE from 150 to 196, exited near IBH, BNF hesitated there
11:58 Boppanna : nIce one Govind
11:58 Govind : As Shai said, needed to be quick
11:58 Govind : Thanks Bops
11:59 Govind : If 3IB plays out, 29050 is the approx. target.
11:59 Shubro : +1 Govind
12:00 Govind : Danke Shubro
12:00 Govind : I was hoping it would ctch fire in yesterday’s singles but did not.
12:01 Boppanna : That big MB 800-900 needs to get rejected for that its a magnet 11:59 Govind : If 3IB plays out, 29050 is the approx. target
12:01 Govind : +1
12:02 Himanshu : Fshit- NF rejected again after so many greens
12:03 Rajiv : Shai are these enough reds to worry about
12:03 Boppanna : Day Cot turned flat from the deep red since morning in NF
12:03 Uttam : FA at top also?
12:04 Boppanna : Could be a balance developing ?12:03 Uttam : FA at top also?
12:04 Thanika : @Himanshu: Posted the Cash N50 & BN12 pics
12:04 Uttam : yes Bops a nice balance in both so far today
12:05 Himanshu : NF spot gave up agian
12:05 Himanshu : Ok Thax Thanika
12:05 Boppanna : BNF Day cot still deep red
12:07 Boppanna : Now where are yiu headed ?12:01 Boppanna : That big MB 800-900 needs to get rejected for that its a magnet 11:59 Govind : If 3IB plays out, 29050 is the approx. target
12:07 Govind : clueless
12:07 Govind : waiting for the big fellas to come in and push?
12:07 Govind : now within that MB, ping pong
12:15 Himanshu : Govind before it goes up BNF – there will be shake ups ,,
12:15 Himanshu : morning writers – 28800PE
12:15 Himanshu : as 28800CE is steadily rising
12:26 NP : (10:58) NP : we may see a sustainable bounce
12:26 NP : hope it sustains
12:35 Uttam : USDINR rising
12:36 Boppanna : Invalidation for this ?11:47 Shai : we shoud be near to 28820 by close today
12:42 Shai : 29010
12:42 Gaurav : Spot or F values?
12:42 Shai : F
12:43 Gaurav : thanks
12:43 Shai : ABCDEFG all have the DPOC
12:43 Shai : + still inside IB
12:43 Shubro : meaning what Shai?
12:43 Shai : so rotational structure
12:43 Shubro : ok
12:44 Shai : mean revert
12:44 Govind : Bye guys, see you tomorrow.
12:44 Boppanna : thx Shai
12:44 Shubro : by Govind
12:44 Shai : 28630/ 29010 invalidation
12:44 Shai : hence asked about the opton guys
12:45 Shai : who are writingh 30000 and 28500
12:45 Boppanna : 29000
12:45 Shai : 29000 yea
12:45 Shai : 🙂
12:45 Shai : transition difficult for me
12:46 Shai : was borm when they chaps were 4 digits 🙂
12:46 Boppanna : 🙂 each week keeps changing
12:47 Shubro : G didnt cross , H didnt cross G
12:47 Shubro : signs Shai?
12:48 Shubro : G didnt cross F
12:48 Shai : 28800 ce has sellers
12:48 Shubro : nice baby
12:48 Shai : 28800 pe has buyers per OF
12:49 Shubro : yes one of them is me
12:49 Shubro : 😛
12:51 Shubro : yipeee avenged
12:51 Boppanna : and Shubro does it
12:52 Shubro : all day bakwas
12:52 Shubro : made it back
12:52 Boppanna : 15k at bottom BNF
12:52 Shubro : Good luck to him
12:54 Boppanna : Let see if it gets rejected at 800 else he’s in trouble
12:56 Shubro : tee hee hoo
12:57 Boppanna : he’ll puke at 855/900 probably 12:54 Boppanna : Let see if it gets rejected at 800 else he’s in trouble
12:57 Shubro : yes expecting him to
12:59 Uttam : USDINR at day highs
13:02 NP : Surprisingly Midcap Index is holding in Green for quite some time now
13:06 Uttam : lets see if we get some OTF in the afternoon
13:06 Uttam : monthly close today
13:06 Uttam : and FA at lows in NF
13:09 Boppanna : U putting ur bull cap today for the afternoon Uttam?
13:11 Uttam : monthly close Bops and has been a trend down month which gave a monthly FA so not very bullish but that FA at lows giving a different signal
13:11 Boppanna : cool thx Uttam
13:12 Uttam : outside chance of a close at 11200+ is that is where monthly POC is right now
13:12 NP : @ Uttam …. for the sake of NAV adjustments
13:13 Rushabh : yest spike can help?
13:13 Uttam : 11149 is 1atr from todays FA
13:13 MJ null : Get 1 atr on both uttam 🙂
13:13 Shubro : are OI’s on a different world today BOPS?
13:13 Shubro : dont see any unwinding
13:13 MJ null : 122 atr for nf?
13:14 Uttam : 118 in my sheet
13:14 Boppanna : I don’t look at OI am clueless abou tthem 13:13 Shubro : are OI’s on a different world today BOPS?
13:14 MJ null : thanks 🙂
13:14 Uttam : NF got to know that 1atr so going there 😉
13:14 Uttam : 70k reds in NF here
13:14 Rushabh : chats leaking
13:15 Shubro : thappad
13:15 Shubro : anu u there/
13:15 Himanshu : yday sellers – 11136-11127 range in control there
13:15 Himanshu : I guess
13:17 Uttam : looks like that RS wants to tag VWAP in NF?
13:17 Shubro : 28800 CE OI unrelenting
13:17 Shubro : saying No , go back
13:18 Uttam : takin sup at IBH for now NF
13:19 Shubro : will history repeat at 2 is the question
13:19 NP : Million Dollar Question Shubro
13:20 Shubro : Nirmala madam peek a boo
13:21 Shubro : BUGGER
13:22 Shubro : dangerous
13:22 Shubro : very dangerous for longs
13:23 Thanika : No support coming from Cash yet.. seeing only -ve divergence. #random
13:23 Shubro : USDINR falling now
13:25 Shubro : BNF full suspense at VWAP
13:28 Uttam : 11140-149 coming?
13:28 Thanika : any straddle suggestion Uttam!? 🙂
13:29 Uttam : for tom nothing Thanika but for next week can be a good bet at tom close
13:29 Thanika : thx
13:30 Rushabh : uttam IB here?
13:30 Shubro : looks like corelation to USDINR now
13:30 MJ null : Get it uttam
13:31 Shai : Intra – Buy BNF 28860 sl of 28770 tgt 29010
13:36 Himanshu : Chief new seller at 11130 33
13:36 NP : zeroes at day high in NF
13:37 NP : one more trip down south?
13:37 Shubro : whats beyond south pole?
13:37 NP : ha ha ha
13:38 Uttam : pink band at 11132
13:38 NP : +1
13:38 Uttam : 11130
13:38 Shubro : look at USDINR uttam
13:38 Uttam : 50k POC in that bar
13:39 Uttam : thats also balancing Shubro, got rejected from IBH
13:39 Uttam : was making a ‘b’ till sometime back now looks will make a bell by EOD USDINR
13:42 Shubro : looks like sourth pole naren
13:42 NP : (13:36) NP : zeroes at day high in NF(13:37) NP : one more trip down south?
13:42 Shubro : and beyond
13:42 Shubro : chalo chalo
13:42 Shubro : those OI;s didnt move
13:42 NP : aajkal kashmir se kanyakumari move ho raha hai roj roj
13:43 Shubro : sri lanka
13:43 NP : lol
13:43 Shubro : avenged again
13:43 Shubro : with USD as well as BNF
13:43 NP : jor ka thappad
13:44 NP : now vwap test
13:44 Shai : BNF stopped. Make exits
13:44 Uttam : yes that earlier RS could not break IBH but got support by this new guy
13:45 Shubro : wohooooooo
13:46 Shubro : dangerous for longs
13:46 Shubro : 28800 CE OI just kept going up
13:47 Shubro : 140 to 168 29700 PE
13:47 NP : Congrats Shubro
13:48 Shubro : thanks NP
13:52 Shubro : Naren short at 29850?
13:53 Shubro : buyers will think twice now
13:53 NP : don’t think so ….. it is chopping on both sides ….. too risky now
13:53 NP : one trip up north possible
13:54 Shubro : hmmm
13:54 NP : kanyakumari to kashmir
13:54 Shubro : maybe just delhi
13:54 Shubro : I highs?
14:00 Shubro : cmon BNF juice up here
14:02 Shubro : thappad ya papad?
14:03 NP : 28800CE 89-110 …. all out
14:03 NP : RR was good
14:04 Shubro : niceeeee
14:06 NP : again struggling at vwap
14:06 Shubro : ya
14:06 NP : ab ki baar AAR YA PAAR
14:07 Shubro : 28800 CE OI increasing?
14:07 Shai : FED meet speculation takes over from 2.45
14:07 NP : +1
14:07 Shai : some of these new option writers can getr nervous
14:08 NP : market likes going long in fed events most of the times
14:08 Gaurav : its tonight?
14:08 NP : yes
14:09 Shubro : BNF struggling to get past yest close
14:10 NP : zeroes galore
14:11 NP : Option Biggies at work …. stay cautious
14:12 Shubro : told ya 28800 CE OI increaaasing
14:12 NP : don’t overstay your welcome on either side
14:13 Shubro : gosh what a mess
14:15 NP : last hour would be very very interesting ……. having done the day job I can enjoy it staying on the sidelines ……. no more positions ….. Mission SAVE PROFITS
14:17 MJ : Since 1130. NF has gone and taken support at pdaylow.
14:17 NP : +1
14:19 Himanshu : Boom
14:20 Uttam : 0s
14:20 NP : (13:53) NP : don’t think so ….. it is chopping on both sides ….. too risky now(13:53) NP : one trip up north possible(13:54) NP : kanyakumari to kashmir
14:20 Uttam : BNF
14:20 Uttam : 29020
14:20 Uttam : coming
14:20 Rushabh : shais level here? nf
14:20 Uttam : NF tags 11145
14:21 MJ : Thanks uttam. 🙂 (13:13) MJ null: Get 1 atr on both uttam 🙂
14:21 Shubro : boom boom
14:21 Uttam : FA rarely fails
14:21 MJ : +100
14:21 NP : Kasmir se aage jake aaya Shubro
14:21 MJ : Uttam 🙂
14:21 Himanshu : Uttam – your 11145
14:21 MJ : and as you pointed FA on month end 🙂
14:22 Himanshu : and me out 28500 ( 72- 32)
14:22 Uttam : (13:12) Uttam : outside chance of a close at 11200+ is that is where monthly POC is right now(13:28) Uttam : 11140-149 coming?
14:22 NP : Congrats Himanshu
14:22 Uttam : another 60k red in NF here
14:23 NP : they need a follow through though
14:23 NP : otherwise sharp spike
14:24 Uttam : 11200 I feel coming
14:24 NP : +1
14:24 Uttam : we are in the singles zone here
14:24 Himanshu : NP
14:24 Uttam : till 11176
14:24 Himanshu : Out on 28300 ( 32- 14)
14:25 Uttam : 29020 BNF done
14:25 NP : you are on roll Himanshu
14:25 NP : Awesome man
14:25 Himanshu : Are bhai – Kya karein
14:25 Uttam : K period
14:25 Uttam : yesterday was spike down & today reverse
14:25 Himanshu : was harping on OI of 28500PE
14:26 Himanshu : and Shai’s tweet yesterday on long liquidateion
14:26 Himanshu : observed – 3 /2 Days min after one time frame is breached
14:26 Himanshu : hence thought yesterday low can be protected but NF spot today made 10999.7
14:26 Uttam : Bops you activated beast mode in BNF?
14:27 Uttam : 29125 / 29180 coming?
14:27 Himanshu : uttam good for today let it complete auction here fo rtoday 28900-29000
14:27 NP : 29000CE writers not in panic yet Uttam
14:27 Himanshu : so tomowrro C entry can be lethal with
14:28 NP : 29000CE above 110 will be ROCKET
14:28 Shubro : idhar se giri to mein nahin chat se chilaaonga
14:29 Boppanna : Wanted it to touch that morning MB on thr pull back but just came till 950 stucker seller there14:26 Uttam : Bops you activated beast mode in BNF?
14:29 MJ : Uttam ext handle at 11174 right?
14:31 Himanshu : Gaddi ( car) mein – making them seat – and then reverse
14:31 Uttam : 11176 Mihir
14:31 Uttam : 28950 sup in BNf
14:31 Uttam : huge vols in both here
14:32 Uttam : (13:06) Uttam : lets see if we get some OTF in the afternoon
14:32 MJ : Thanks.
14:33 Himanshu : Beast mode on
14:33 Himanshu : Uttam you rock –
14:33 Shubro : Naren kanyakumari?
14:34 Uttam : another round of 0s in NF
14:34 NP : (14:22) Uttam : another 60k red in NF here(14:23) NP : they need a follow through though(14:23) NP : otherwise sharp spike(14:24) Uttam : 11200 I feel coming(14:24) NP : +1
14:35 NP : @ Shubro …… don’t think so for now
14:35 Himanshu : all Ois in BNF is fast coming down
14:35 Shubro : ok
14:35 Shubro : yeah
14:35 Himanshu : 29000CE- 28500 PE and inbetween strikes
14:35 Himanshu : Writers under some fear
14:35 NP : (14:07) Shai : FED meet speculation takes over from 2.45(14:07) NP : +1(14:07) Shai : some of these new option writers can getr nervous(14:08) NP : market likes going long in fed events most of the times
14:36 Shubro : +1 Naren
14:36 Uttam : (13:12) Uttam : outside chance of a close at 11200+ is that is where monthly POC is right now….35 more
14:36 Shubro : 45 degree move anyone?
14:37 NP : This is the Advantage of Pack Hunting ….. Right @Shai Sir?
14:37 Shai : +1
14:37 Uttam : reds in both here
14:37 Uttam : but till the ext handle holds PLD up
14:37 Uttam : PLR
14:38 NP : big reds in NF
14:38 Uttam : yes
14:38 NP : may be Intra guys booking out ….. what say Uttam?
14:38 Uttam : 11135 need to hold if gets there
14:38 NP : +1
14:38 Uttam : 28950 in BNF
14:39 NP : aaj ALGO kya karega? 5 Minutes
14:40 Himanshu : BNF psuhed belwo pwl
14:40 MJ : Shai. today’s day was between 3ib and spike rule clash?
14:41 Shai : Buy 29000 pe at 172 sl of 140 tgt 240
14:41 Shai : Intra
14:43 Uttam : Neutral Centre coming up in NF?
14:43 Uttam : if 11135 goes
14:43 NP : seems
14:43 Uttam : ext handle holding in both for now
14:48 Shai : 28930 ref
14:48 Shai : big one for close
14:48 Shai : 29000 pe at 188. Raise sl to cost 172 on this trade – Risk free
14:49 Shai : expecting a quick 100 if 930 goes
14:50 Shai : 222
14:50 MJ : Lovely shai.
14:50 Shai : 29000 pe at 239 near tgt . Book half
14:50 NP : Awesome
14:51 Shubro : +1 Shai
14:51 Rajiv : Great One Shai
14:51 Boppanna : +1 Shai
14:51 Shai : 930 here
14:51 Shai : holding for a break
14:52 Shai : they psyched us out of the last long trade we took by coming below daval for few points and then boomed up for tgt ++
14:52 MJ : Chief can zoomout bnf profile?
14:52 Shai : this is redemption
14:52 Shubro : total redemption Shai phew!
14:52 MJ : Yest revenge today redemption 🙂 Chief is on a roll!
14:52 Thanika : +1 Shai
14:52 MJ : Thanks chief.
14:52 NP : +1
14:52 Shubro : i had just broken even and now in nice littly gains had double down on size
14:52 Shai : +1
14:52 Shubro : for this reversion
14:53 Shai : 830
14:53 MJ : holding small pes if it stays below 930
14:53 NP : (14:12) NP : don’t overstay your welcome on either side
14:53 Shai : 830 come
14:54 MJ : Out naren,
14:54 Shai : 955 sl
14:54 NP : Market ki Halat aisi ho gayi hai ke NANGA NAHAYEGA KYA AUR NICHODEGA KYA
14:55 Shai : 🙁
14:55 Shai : Book the balance PE 200
14:55 Boppanna : Exact at MB high Pull back 14:29 Boppanna : Wanted it to touch that morning MB on thr pull back but just came till 950 stucker seller there14:26 Uttam : Bops you activated beast mode in BNF?
14:56 Shai : looks like FED will give a pop up
14:56 NP : for next few days this is the MANTRA …. (14:53) NP : (14:12) NP : don’t overstay your welcome on either side
14:56 NP : le ghapaghap de ghapaghap
14:57 Shubro : boxing ring
14:57 Shubro : today i boxed
14:59 NP : (14:15) NP : last hour would be very very interesting ……. having done the day job I can enjoy it staying on the sidelines ……. no more positions ….. Mission SAVE PROFITS
15:00 Shubro : 3:05 another?
15:00 Shubro : doosra
15:01 Shubro : if one can trade today and make money pat urself on back
15:02 NP : Overtrading is a SIN
15:02 Shubro : yeah
15:03 NP : Don’t be a Compulsive Trader ….. Apna DT ya DL aane ke baad DUKAN BAND
15:03 Shubro : take a while to transition
15:03 Shubro : takes*
15:03 NP : +1
15:04 Shubro : Shai its testing again
15:05 Shubro : ext handle holding Uttam?
15:05 NP : premium erosion business in top gear now
15:05 Uttam : yesterday’s Shubro?
15:05 Thanika : yup, 70 points eaten in each straddle 🙂
15:06 Chetan Panchal : HIJ ledge been made at YVA low in NF.
15:06 NP : +1 Thanika ….. Index Management for weekly expiry
15:09 NP : @ Uttam ….. Any change in Max Pain?
15:10 Shubro : o todays Uttam?
15:10 Uttam : where is today’s ext handle Shubro?
15:10 Shubro : oh sorry that got eaten
15:10 Uttam : 🙂
15:10 Shubro : no i was referencing that VAH
15:10 Shubro : ok ok got ya ol chap
15:11 Shubro : challo din ended well
15:11 Shubro : Naren thanks for guidance i am much obliged during the day
15:11 Shubro : your warning signals are very helpful
15:11 Thanika : +1 Naren
15:11 NP : My Pleasure Shubro
15:11 NP : as Shai sir says it’s Pack Hunting
15:11 Shubro : i need to improve on my habit to overtrade
15:12 Shubro : if we end here good chance of opening higher tomorrow ?
15:12 NP : depends on FED outcome
15:13 Uttam : yes good close in both
15:13 NP : (14:08) NP : market likes going long in fed events most of the times
15:13 Uttam : NF still a Neutral EXtrme
15:14 NP : Uttam any change in Max Pain?
15:14 Uttam : that big vol staying in both NF & BNF
15:14 Shubro : ok
15:14 Uttam : OTF is long looks like at least for tom
15:14 NP : +1
15:14 MJ : Yes Uttam.
15:14 Uttam : lemme check Naren not keeping track of max pain
15:15 Thanika : last two days the volume is low, does that indicate anything?
15:15 NP : plus tomorrow is weekly expiry
15:15 Uttam : 11100 in NF
15:15 Uttam : 28900 in BNF
15:15 NP : it’s the same as in the morning
15:15 NP : no change
15:15 Uttam : FA at lows in NF & A period singles in BNF
15:16 Uttam : but right above today’s high are the ext handles so that need to be taken out for upside
15:16 NP : upside seems capped Uttam?
15:17 Uttam : USDINR making new lows for the day
15:17 Uttam : we have tail at both ends Naren so lets see how we open tom
15:18 NP : high chance of markets forming range in next few sessions
15:19 NP : these violent moves need to take a breather for sometime now
15:19 Himanshu : NP shorted 28500 PE ( mthly )
15:19 Himanshu : and 28500 ( NW)
15:19 Himanshu : though COT n BNF is huge negative
15:21 NP : expecting a rangebound expiry tomorrow? with a positive bias?
15:21 Himanshu : yes
15:21 NP : +1
15:22 Himanshu : Tomorrow Uttam bhai will open shop above – todays extension
15:22 Himanshu : hope is built due to NF ..
15:22 AmitJ : +ve BNF on -ve COT seems bearish fow next few days, if nor tomorrow
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 AmitJ : bye all.
15:29 MJ : Bye all have a nice eve.
15:30 Shai : Bye all
15:30 Shai : Have a nic eevening
15:30 Bhavani : Bye
15:31 Himanshu : Bye all – Final view on BNF#
15:31 Himanshu : Chief
15:31 Himanshu : incase you are there,
15:31 Thanika : Bye all