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
09:17 Shai : (09:17) Shai : Update- Make exits in the 12000 pe at 67- 68 cmp
09:24 Shai : (09:24) Shai : Buy 31500 call at 96-98 sl of 67 tgt 152
09:31 Shai : Part Book 31500 call at 120 . Ride some at 95 cost
09:33 Shai : (09:33) Shai : Update- Positional BNF at 31630 . Book half and ride at cost some : Positional- Buy BNF 31430 sl of 31190 tgt 31784/ 31945
09:39 Shai : (09:39) Shai : Intra – Buy 31600 call at 65 sl of 25 tgt 117 . Hold till 3 pm.
09:43 Shai : (09:43) Shai : Book fully the 31500 call at 115
(09:43) Shai : will buy the dip in 31600 call
10:19 Shai : (10:19) Shai : Book at 70 cmp- 09:39) Shai : Intra – Buy 31600 call at 65 sl of 25 tgt 117 . Hold till 3 pm.Thos ewho want to hold can hold till 3 pm same TSL .
11:41 Shai : (11:41) Shai : Update- Book fully the BNF positional at 31610.
12:43 Shai : (12:42) Shai : Buy 31600 call at 63-64 sl of 34 tgt 100
13:45 Shai : (13:45) Shai : Exit the 31600 calls at 46 cmp.
14:20 Shai : (14:20) Shai : short BNF 31600- 31595 sl of 31699 tgt 31480/ 31345
14:28 Shai : BNF at 31535. Book half here and ride some at cost
14:41 Shai : (14:41) Shai : Close the BNF remianing shorts
08:58 Shai : GM all
08:59 Shai : https://vtrender.in/market-profile-analysis-dated-3rd-july/
09:05 MJ : Good morning Shai and all. 🙂
09:07 Amjad : gm all
09:07 Uttam : Good Morning All 🙂
09:08 Phani : Good morning everyone
09:09 Himanshu : good morning
09:10 TP : GM All.
09:10 Bhupinder : Good Morning
09:11 Thanika : GM all
09:13 Anubhav null : gm
09:13 Narendra : good morning
09:15 Sandip : GM All
09:16 Narendra : #QuickTrade ….. 31500CE ….. 70-88 …..Booked Fully …… Fatest Finger First
09:16 Narendra : *Fastest
09:17 Sandip : nice one Naren
09:17 Narendra : Thanks Sandip
09:17 Shai : Update- Make exits in the 12000 pe at 67- 68 cmp
09:17 Rushabh : shai can hold shorts in NF?
09:17 Rohit : Gm all
09:18 Anubhav null : 12009 above yest high
09:18 Shai : 11986 sl if holding NF shorts
09:18 Rushabh : got it
09:20 Himanshu : exited – 31200 PE – 45- 12 ( overnight)
09:21 Narendra : Congrats Himanshu
09:21 Narendra : you were short …. right?
09:21 Himanshu : today second half will ve – shrp move downwards ..seems like
09:21 Himanshu : yes
09:21 Himanshu : I am seller
09:21 Rohit : g
09:22 Rohit : Gm All
09:22 Narendra : Superb
09:22 Uttam : 31360 spot in BN should not get tagged now
09:22 Uttam : moving away from comp as expected
09:23 Sujeet : expected bnf to fire..and it now abve 31500
09:23 Sujeet : goona be rocket
09:23 Narendra : 31500CE above 110 will be a Rocket
09:24 Uttam : OI in that needs to start falling
09:24 Narendra : yes
09:24 Shai : Buy 31500 call at 96-98 sl of 67 tgt 152
09:25 Sujeet : OI nt gng down
09:25 Sujeet : writers still actve
09:25 Sandip : @Shai
09:25 Shai : had to exit the PE as BNF has a bullish tone
09:25 Sandip : BNF profile charts are way down..the second one ..please adjust
09:25 Shai : That positional we hold shoukld rock today
09:25 Narendra : OI will start falling if it sustains above 110
09:26 Shai : 114+++- (09:24) Shai : Buy 31500 call at 96-98 sl of 67 tgt 152
09:27 Narendra : it crossed 110 and now OI is coming down ….. already down by 1LK+
09:27 Sandip : bnf options…spot..strong for now
09:28 Sandip : no major opposition in orderflow also
09:28 Shai : push abv 635 will give quick run to 700
09:28 Sandip : yes Shai..looking for that
09:30 Sandip : I have 50% quant bnf at 31620…hoping it tests 31680 -700++ atleast
09:31 Shai : Part Book 31500 call at 120 . Ride some at 95 cost
09:31 TP : BN volumes good for a drive Uttam ?
09:32 Uttam : not yet Tej good vols but not as good as needed for a drive
09:33 Shai : Update- Positional BNF at 31630 . Book half and ride at cost some : Positional- Buy BNF 31430 sl of 31190 tgt 31784/ 31945
09:33 Boppanna : RS BNF?
09:33 TP : tks , wanted to give 32k ce writers some coffee 🙂
09:33 Sandip : +1 Shai
09:33 Boppanna : +1 Shai
09:35 Uttam : super pos call Shai as soon as we start the Jul series +1
09:35 Shai : 31600 call is a buy on dip with sl below 25 for day
09:36 Shai : tgt 91/ 117
09:39 Shai : Intra – Buy 31600 call at 65 sl of 25 tgt 117 . Hold till 3 pm.
09:42 MJ : Shai A period sprutted out of that VAH of composite at 31551. (One I shared yest)
09:43 Shai : Book fully the 31500 call at 115
09:43 Shai : will buy the dip in 31600 call
09:44 Anubhav null : near vwap?
09:44 TP : Shai levels to watch out for in 315k ce in any dip.
09:44 Shai : yes
09:45 Shai : just a hint of hesitation building at 31635
09:46 Shai : would have liked a cleaner move up
09:46 Uttam : OTD in BNF Shai?
09:46 Uttam : testest ypoc at open 31500 & above PDH
09:46 Shai : yes
09:46 Rushabh : shai hows NF looking? yesterdays selllers exiting?
09:47 Shai : one erach up to 11986
09:47 Shai : they won’t exit till it trades abv 11986
09:47 Rushabh : okay
09:48 Rushabh : seller here
09:48 Shai : BNF is the driver today and shorts have to be careful
09:48 Uttam : had mentioned this yesterday in the room….11:18 Uttam : looks like BNF will give a break away tom only11:18 Uttam : as Spot is still inside the 4 day comp
09:48 Tina : near june expiry mentioned,buy july nf near 11850 / bnf july on down. same happened. there view was 12070 /31831. same going on !!
09:48 Shai : +1
09:48 Shai : (09:25) Shai : had to exit the PE as BNF has a bullish tone
09:49 Himanshu : Auction complete in nF
09:49 Himanshu : for this leg
09:49 Himanshu : Os on both side
09:50 Himanshu : Uttam – your view on these Os
09:50 Uttam : 11960 is morning IB Himanshui so NF needs to get below that
09:50 Uttam : for any weakness
09:51 Uttam : let us see if these 0s stay till end of B period
09:51 Narendra : expecting one intraday dip to take out weak longs
09:53 Anubhav null : it can also be sell on news top in bnf
09:54 Uttam : VWAP going to be the key today
09:55 Govind : Yes Uttam, has been closing at or around Vwap the last 2 days. As long as it stays above vwap, bulls will run amock
09:55 HPandey : uttam we started with -5 laksh COT of yestereday and today we have -1.4 lakhs already so total COT is 5+1.5 lakhs negative ?
09:55 Anubhav null : yeab if greens ome there
09:56 Anubhav null : dii ke haath me hai aaj to game
09:57 Uttam : ys HPandey
09:58 HPandey : thanks
10:00 Uttam : (09:51) Uttam : let us see if these 0s stay till end of B period…NF testing these 0s
10:02 Jitender : 1 lac red at 11980v?
10:02 Jitender : ?
10:03 Uttam : yes JIT
10:03 Uttam : 1.2
10:03 Jitender : tx
10:04 Uttam : 31500pe OI gets above OI of 31500ce
10:05 Anubhav null : n howz 12000 call oi doing?
10:06 Uttam : 11950 oi before 12k starts anything
10:07 Sujeet : NF last 2 days COTs more than 5 lakhs.. if NF cross 12k ..will they cover shorts?
10:07 Shai : 75
10:08 Sandip : bnf options bias is one sided straight up from the morning …but price is dragging its feet..needs to get above 31700 and stay there for a while now
10:08 Thanika : some fresh shorts coming in N50.F
10:09 Uttam : (10:07) Sujeet : NF last 2 days COTs more than 5 lakhs.. if NF cross 12k ..will they cover shorts? it is not a single order or a single entity so will depend on each player but yes can expect some short covering if we stay above vwap & extend range to the upside
10:10 TP : Chief for 315k ce …..(10:07) Shai : 75
10:10 Shai : (09:47) Shai : they won’t exit till it trades abv 11986
10:11 Shai : for 31600 ce- (10:07) Shai : 75
10:11 Rushabh : shai good short setting up in NF?
10:11 Uttam : yes this 1.2L of today could be their last defence
10:12 MJ : bnf nf sellers came together.
10:12 Shai : back to 11950 sl of 11990
10:12 MJ : Timing wise.
10:12 Anubhav null : working so far
10:16 Anubhav null : back below pdh in nf
10:16 Anubhav null : wah
10:17 Uttam : a) NF needs to stay above 11960 for a move to 11975-984 & 12005-009
10:17 Uttam : 11984 to the dot so far
10:17 Govind : +1 Uttam
10:17 Uttam : 50k reds stuck below vwap?
10:17 Uttam : or sl of late longgs
10:18 Anubhav null : i feelsl
10:18 Uttam : demand there at vwap
10:19 Uttam : (09:50) Uttam : 11960 is morning IB Himanshui so NF needs to get below that
10:19 Shai : Book at 70 cmp- 09:39) Shai : Intra – Buy 31600 call at 65 sl of 25 tgt 117 . Hold till 3 pm.Thos ewho want to hold can hold till 3 pm same TSL .
10:19 Uttam : low i this dip 11964
10:21 Anubhav null : weak longs exited below vwapnice uttam
10:23 Jitender : Shai..yday COT was good -ve fr bth nf & bnf…..so today’s upmve can b attributed to fresh buyers..n ten sum SC by yday sellers ?
10:24 Shai : NO SC yet
10:24 Shai : one drop may come to balance the inventory
10:24 Jitender : k
10:24 Rushabh : SC would bring todays COT positive right?
10:24 Shai : this upmove is option math
10:25 Jitender : can u pls expand the option math view pls
10:26 Shai : I think 11950 before 11990 and now 31570 before 31710
10:26 Sujeet : yes
10:26 Shai : OI covering 31500/ 31600
10:27 Jitender : k
10:29 Thanika : N50.Cash two big red bars. BN12.Cash too following that.
10:30 Shai : zone is 11986- 11950 till noon
10:31 Shai : wider 31570- 31710 in BNF till noon
10:32 Shai : sellers are admant. They will push for a dip. not easy here for a pass through
10:32 Shai : don’t be wildly long
10:33 MJ : +1 shai
10:34 Anubhav null : waiting cor bnf to tag 31580
10:34 Anubhav null : low risk long entry
10:38 Pankajkunwar null : can I enter 31600 ce now
10:44 Shai : wait for updates @pankajkumwar
10:47 Sandip : looks like the making for a trend day in bnf till 2.30
10:48 Sandip : neither options..nor spot is giving up for now..lets see
10:48 Uttam : yes only that C side ext should have been avoided 😉 but now lets extrnd D also to confrim the trend day
10:50 Anubhav null : yeah
10:51 Anubhav null : nf leading this time
10:51 Uttam : shorts could come under pressure hre
10:51 Anubhav null : negating that large sell
10:52 Anubhav null : push
10:56 Thanika : During that upmove, last leg due to short covering in N50.F, some fresh short and longs fighting… Cash is selling some..
10:57 Anubhav null : now bnf not supporting nf
10:57 Govind : another RS forming at that 11980?
10:57 Anubhav null : double topw wud be bad
10:58 Shai : updated daily COT for series – https://vtrender.slack.com/archives/C0F2X2TFW/p1562217997001800
10:58 Shai : BNF- https://vtrender.slack.com/archives/C0F2X2TFW/p1562218016002200
10:59 Rushabh : shai we start counting the cot from which day to watch cumulative cot?
11:06 Shai : you can
11:06 Sandip : bnf maxx pain steady movement till 31500 and now trying to move above it
11:06 Shai : point is the NF saw heavy buying at 11700- 11750 and they are booking out now
11:07 Sujeet : DIP
11:07 Shai : vwap BNF
11:07 Anubhav null : dMn
11:08 Sandip : profit booking
11:09 Rushabh : shai could be a good positional short trade?(11:06) Shai : point is the NF saw heavy buying at 11700- 11750 and they are booking out now
11:10 Govind : 11k reds below vwap in BNF
11:10 Narendra : and 26k in NF
11:11 TP : @jit keep us updated on tv news /economic survey alerts.
11:11 Govind : HDFCB is a major laggard today, just like y’day
11:12 Govind : 7% GDP growth for FY 2020
11:12 Govind : predicted
11:13 Jitender : Tej..eco survey is tabled…7 mins back
11:15 Shubro : ghantamental handbook is out
11:16 Narendra : HDFC Bank will participate only after 1.30pm it seems ……. Index Management for Expiry by biggies
11:16 Sandip : Shubro kaha the tum last 2 days 🙂
11:17 Shubro : Sandip was in Pune settling my daughter down in college
11:17 Sandip : oh ok good
11:17 Shubro : back for action
11:17 Govind : Hi Shubro, I thought maybe you went off to jolly ol England for the world Cup
11:17 Shubro : i wish i could man Gov
11:17 Jitender : yday close Narender..from 2.30 bnf OI fell from 1.87m to 1.75 with PB….and today morn it has increased from 1.75 to 1.97m at open buyn
11:18 Govind : But this is better, congrats you and your lil girl man…11:17 Shubro : Sandip was in Pune settling my daughter down in college
11:18 Jitender : so as i said…theese r fresh buys
11:18 Shubro : thanks guys!
11:18 MJ : Welcome back shubro 🙂
11:18 Shubro : yo MJ
11:19 TP : tks jit ……(11:13) Jitender : Tej..eco survey is tabled…7 mins back
11:19 Jitender : wc
11:19 Sandip : looks like a stoploss hitting move
11:19 Shubro : hunting out
11:19 Sandip : in bnf for weak longs
11:19 Jitender : Sl r well below 570
11:21 Shubro : cute little flags forming
11:22 Shubro : pit stops only so far
11:22 Sandip : I meant the vwap longs Jitender
11:22 Jitender : since eco survey is being doubted by many…n tat says economy nt good…..its gd news fr mkts
11:23 Jitender : @Sandip…k
11:23 TP : looks like writers zone …play out the P in both for next hour or so.
11:24 Sandip : yes Tp
11:24 Shai : (10:32) Shai : sellers are admant. They will push for a dip. not easy here for a pass through
11:29 TP : Low vix play for budget …..buy 315k combo and sell 31kpe/32kce all 11th july …anyviews.
11:29 Sandip : So? C extension failure? is this that?
11:30 MJ : (10:12) MJ : bnf nf sellers came together.(10:12) MJ : Timing wise. 12.1kpe 141 to 158
11:30 Shubro : not over yet?
11:30 Shai : (10:26) Shai : I think 11950 before 11990 and now 31570 before 31710
11:30 Shai : bring it on
11:30 TP : +1
11:30 Shubro : hehe +1 Shai
11:30 Thanika : +1 Shai
11:33 Jitender : Sandip…any liquidation on ye OI setup ?
11:33 Jitender : yr
11:34 MJ : Shai 🙂
11:34 Shai : COt is not covering
11:34 MJ : bnf nf seller coming together, on of the things you’ve shared long back.
11:34 Shai : should drop more
11:35 MJ : Aane do!
11:35 Govind : Short buildup is what I am seeing in both indices
11:35 HPandey : rather adding ?(11:34) Shai : COt is not covering
11:35 Thanika : Cash selling..
11:35 Jitender : 620 St pivot bnf
11:37 Sandip : yep
11:38 Sandip : im also out near cost
11:38 Narendra : (09:51) Narendra : expecting one intraday dip to take out weak longs
11:39 Narendra : 31500PE ….. 45-64 …… booked fully ….. now waiting on the sidelines
11:39 Shai : 312523
11:39 Shai : 31523
11:39 Himanshu : BN SPot tanking like anyting
11:40 Sandip : yep spot pulling bnf down hard
11:41 Shai : Update- Book fully the BNF positional at 31610.
11:47 Sujeet : green again n vwap
11:47 Jitender : yh 🙂
11:50 Rajiv : Jit below 650 can it test 620 or lower
11:50 Sandip : sold some at 31645..low quant
11:51 Jitender : Rajiv…it has done its customary 100 pt dip
11:52 Jitender : 620 is the ST pivot fr me…will remain hedged till 570…since m at 1.54DT
11:52 Jitender : n it wud be btfd fr me till 570 holds
11:52 Jitender : OTM will gv prem eatn
11:57 Uttam : ‘p’ profile in both so far
11:57 Jitender : n bnf has a C top
11:57 Uttam : yep Jit looks like all were expecting a BO higher & BNF having other plans 😉
11:58 Jitender : lets c were we end up
11:58 Sandip : bnf options holding higher
11:59 Uttam : RB+IB forming in BNF on 30mins
11:59 Uttam : NF too
11:59 Uttam : lets see how this period closed
12:00 Sandip : yep revrsed in bng
12:00 Thanika : Cash not supporting the upmove, yet
12:01 Sandip : options did not drop as much as I expected in that bnf dip..so expecting new high atleast
12:02 MJ : 30k reds at 11958 gives 22 pts 🙂 Day filled witn upside down buyer and sellers.
12:02 Uttam : RE coming up>
12:02 Uttam : ?
12:02 Anubhav null : nf re likely
12:02 Uttam : both
12:02 Anubhav null : chalo fir
12:02 MJ : 12005 cometh?
12:03 Jitender : bnf 670-685 navigation zone fr new highs or we get bck to 620
12:03 Sandip : bnf has better upmove potential than nf?
12:03 Jitender : since morn
12:03 Anubhav null : holding 31600 call
12:03 Anubhav null : la.mj
12:04 Anubhav null : lao
12:04 MJ : 1.5 ib over there.
12:04 Anubhav null : vpoc is resistance since that 1.2lakh sell
12:04 Anubhav null : uska sl to lgao
12:05 MJ : Anubhav 1L guys come with deep pockets.
12:05 Anubhav null : is baar nahi toota to day low hi ayega
12:05 Jitender : tat 1 lac guy had stops also
12:05 Anubhav null : yeah tru
12:06 Jitender : so cut the noise n focus….
12:06 MJ : Not saying they don’t have sl.
12:06 MJ : Just that they have deeper sl.
12:07 Jitender : nf is happy 2 do a 14 pt range since last 2 hr
12:07 Uttam : but then they give a bigger move either side 🙂
12:07 Anubhav null : cot still negative
12:07 Uttam : explosive expiry coming up Jit?
12:07 Uttam : silence before the storm?
12:07 Anubhav null : so maybe they still din book out at 11960
12:07 MJ : Acceptence/failure of any biggie is the best clue to go with.
12:08 Sandip : bnf has time till 1.30 to jump up..after that expiry circus comes into play
12:08 Jitender : shld b exciting after 1.30 Uttam
12:08 Jitender : plan to do 1.8ish DT before tat and ten hv sum popcorn in hand to avoid whips in mtm
12:08 Sandip : 🙂
12:08 Uttam : nice Jit / Sandip 🙂
12:08 Anubhav null : max pain shifted up sandip?
12:08 Jitender : my comments r appearn late
12:08 Jitender : +1 Sandip
12:09 Sandip : hehe
12:12 HPandey : stuck?
12:13 Sandip : yep
12:14 Narendra : 3DT Done so far in 2 Trades ….. Now waiting for expiry lottery trade (if any) ….. will put in 50% of today’s profits in lottery trade …… right now wait and watch mode activated
12:14 Anubhav null : gr8
12:14 Thanika : +1
12:15 Narendra : Thanks
12:15 Uttam : nice Narendra +1 congrats
12:15 Narendra : Thanks Uttam
12:17 Sandip : Nice 1 Naren
12:18 Sandip : Uttam can you refresh charts please
12:20 Sandip : @Shai, charts are stuck can you refresh pleasae
12:20 Narendra : +1
12:20 Narendra : need refresh
12:25 Uttam : GoToMeeting is working
12:25 Uttam : Shai will only have to do this refrsh
12:27 Narendra : I think this week we are facing too many screen sharing issues ….. something wrong technically I guess
12:37 Govind : someone’s mic is on
12:38 Sandip : grrriiinnnddd
12:40 Thanika : N50.cash one spike
12:40 Uttam : boom boom coming?
12:41 Thanika : BN12.cash 2
12:41 Jitender : bookd 670 (11:35) Jitender : 620 St pivot bnf
12:42 Uttam : ext handle coming?
12:42 Himanshu : Boom Boom Shaka Laja
12:42 Shai : Buy 31600 call at 63-64 sl of 34 tgt 100
12:43 Uttam : targets for 31500 ce Shai?
12:44 Shai : 152/180
12:44 Thanika : Nicee timing Shai!
12:44 Uttam : thanks Shai
12:45 Shai : still a P and has to break abv 21695 for a SC
12:45 Sandip : finally cash supporting the upmove
12:47 Uttam : 31740 first level on watch in BNF if gets above 31690
12:47 Uttam : vPOC there
12:47 Sandip : cmmon 31750
12:47 Jitender : (11:52) Jitender : n it wud be btfd fr me till 570 holds(12:06) Jitender : so cut the noise n focus….
12:48 Sandip : nice..no orderflow problems as of now in bnf
12:49 Shai : I’m not sure yet
12:50 Shai : small window opened for a rise to 31740F
12:50 Narendra : 31600CE …… 57-72 ….. booked fully
12:50 Shai : but I won’t be overtly long post 2 pm
12:56 Himanshu : bN spot is blasting yp
13:01 Sandip : small profit booking in bnf at top
13:03 Shai : yes
13:03 Shai : would have liked that push abv 692
13:04 Uttam : c) Above 31640, BNF can probe higher to 31690-740 & 31784-803
13:04 Uttam : BNF high so far 31689.75
13:04 Shai : +1
13:05 Thanika : fresh shorts in N50.F from top. Casnot given up yet.
13:06 Jitender : fr a moment i thought..i had bboked early…(12:41) Jitender : bookd 670 (11:35) Jitender : 620 St pivot bnf
13:06 Rushabh : shai good reds above this 11920 zone since 2 days?
13:06 Uttam : 12k red stuck below vwap in NF
13:06 Rajiv : Jit take it to 31570 and we can all buy
13:07 Uttam : BNF also finding demand at vap looks like
13:07 Jitender : Rajiv 🙂
13:07 Jitender : tis is very relevant (12:50) Shai : but I won’t be overtly long post 2 pm
13:08 Jitender : no psostion apart from smal otm shrts …delta nuetral
13:08 Uttam : weekly expiries at times can get crazy & today looks one of those days
13:08 Narendra : +1 Uttam
13:12 Anubhav : any postional shorts here for mean reversion in nf?
13:12 Sandip : lot of coiling in bnf at these levels on top
13:13 Uttam : poor hgihs in both
13:20 Himanshu : BNF F is langusihing
13:20 Himanshu : Is ready to scract VAL
13:22 Anubhav : gayi
13:22 Anubhav : below vwap
13:23 Anubhav : apni call zero 🙁
13:23 Shai : How is the OI jit – (13:07) Jitender : tis is very relevant (12:50) Shai : but I won’t be overtly long post 2 pm
13:23 Jitender : 2.01m Shai fr bnf
13:23 Himanshu : Astro View – Post 1.40 to 3.15
13:23 Jitender : no dip so far
13:23 Shai : I think 200 is there from here – any one way
13:23 Jitender : +1
13:23 Uttam : +1 Shai
13:23 Shai : 31470- 31840
13:24 Ashutosh : the movement is really frustrating
13:24 Anubhav : nf can tag 11910′
13:24 Uttam : @Ashutosh may be indicating a big move for expiry
13:24 Ashutosh : yes
13:25 Anubhav : 11950 is last support
13:26 Thanika : Despite big down spikes in Futures, cash is still holding, the cumulative low so far.
13:27 Sandip : in Nf thanika?
13:28 Thanika : yes, and BN12 too.. will post in #randowm
13:29 Anubhav : reds again stuck in nf uttam
13:31 Shai : move the 31600 call to 80
13:32 HPandey : shai ??
13:33 AmitJ : target
13:37 Shai : 34 sl
13:37 Shai : window open till 2 pm only
13:41 Sandip : I dont think im gonna try for a tgt above 720-740
13:41 Sandip : quite a bit of buyers and sellers from the day start
13:41 Uttam : some bravehearts writing 11950ce now?
13:42 Jitender : sq all…popcorn time
13:42 Narendra : 31600CE ….. 41-53 ….. booked fully ….. all out now ….. 5DT done ……. will enter only if there is lottery trade
13:43 Sandip : Naren on a rampage! + 1
13:43 Narendra : +1 Jitender ….. Coffee time
13:43 Jitender : if get oppr..will just scalp
13:43 Narendra : +1
13:43 Anubhav : re time?
13:44 Rajiv : Aare what about the move to 570
13:44 Anubhav : fir se sapne
13:45 Shai : Exit the 31600 calls at 46 cmp.
13:47 Sandip : im also out near cost
13:50 Ashutosh : hdfc bank on the move
13:51 Sandip : bnf stuck in an 80 point zone since 9.30
13:51 Uttam : and NF in 25
13:55 Rajiv : 13 lakh volume in BNF till now. WTF
13:55 TP : very low vol NF just 3.6 ….might be lowest vol on expiry day …Uttam any data.
13:55 TP : @ Rajiv 🙂
13:56 Himanshu : TP – _ Ve COT in NF since yday – 6 Lksh
13:56 Uttam : even yesterday’s was one of the lowest vols & range in NF
13:56 Uttam : lowest since Mar 2019 range wise
13:56 Himanshu : So think Large buyers not joining ,,,
13:56 Uttam : 20Mar
13:56 Sandip : pre event day buildup ?
13:57 Sandip : maybe close to the end
13:57 TP : Tks Uttam … so low vix and budget holding up.
13:57 Uttam : BNF all day vols were just 18L yesterday
13:57 Rajiv : Large players are just taking premium from us. :)Himanshu : So think Large buyers not joining ,,,
13:58 Uttam : have a feeling Nifty Spot can tag 12k today
13:58 Anubhav : 🙂
13:58 Uttam : 11932 needs to hold
13:58 Anubhav : budget hope rally?
13:59 Jitender : isnt tat happening from 17th June
13:59 Uttam : value higher low range plus expiry
13:59 Jitender : nf up by 250ish n bnf by 100 poinys
13:59 Uttam : one of the writers could get hurt today
13:59 Jitender : points
13:59 Shubro : somebody goona get a hurt today
14:00 Anubhav : yes jit
14:00 Jitender : nt me Shubro 🙂
14:00 Anubhav : aaj to retail buy karegi always late for the party
14:00 Uttam : 🙂 Jit
14:00 Shubro : neither me ….not playing
14:00 Jitender : cool
14:00 Anubhav : raining in delhi
14:01 Anubhav : chai pakodey time
14:01 Uttam : BN Spot high 31608 was a vpoc
14:01 Himanshu : aya re aaya
14:01 Himanshu : 470
14:01 Shubro : 620 again
14:01 Ashutosh : mazak ho rha hai
14:01 Uttam : C) Above 31372, BankNifty can probe higher to 31418-435 / 31490-507 & 31590-608
14:01 Uttam : this was the Spot hypo given in the weekly report
14:02 Uttam : done to the dot
14:02 Jitender : +
14:02 Jitender : +1
14:02 AmitJ : +1 uttam
14:02 Himanshu : uttam now
14:02 Uttam : C) Above 11900, Nifty can probe higher to 11920-931 / 11950-958 & 11976-980
14:02 Uttam : Nifty in this one
14:03 Uttam : E) If 31608 is taken out, BankNifty could rise to 31685-700 / 31753-785 / 31853-865 & 31950
14:03 TP : +100….(14:02) Uttam : done to the dot
14:08 Himanshu : 31500 PE – can come in danger – if spot test again 31500
14:09 Thanika : BN12, cash broken that line down
14:09 Sandip : ideally a move away from maxx pain happens then a move towards it…..was expecting move up till 31650 in spot then down till 31600
14:11 Himanshu : Aya Niche
14:11 Himanshu : Lootery 31500 PE
14:13 Sandip : lol 🙂
14:13 Anubhav : nice
14:13 Jitender : +1 Himanshu
14:13 Shubro : niceeee Himanshu
14:13 Sandip : +1 nice
14:14 Narendra : #QuickTrade …. 31500PE ….. 42 – 65 …… all out ….. Fastest Finger First …… 7DT Done ….. now not even interested in taking lottery trade ….. done for the day ….. will have a cup of coffee and watch the expiry circus now
14:14 Rajiv : JIT 31570 aa giya. What to do
14:15 Sandip : massive profit booking
14:15 Sandip : bnf
14:15 Himanshu : Chief – Now we have to see where Shorts from yesterdays are covered ..
14:15 Jitender : Rajiv..small longs with Sl of 550
14:16 Himanshu : CHief please let us know that
14:17 Himanshu : Jit – Not worth it ..
14:17 Himanshu : Sorry to interfere
14:18 Narendra : that was a well timed quick trade …… again back below 42
14:18 Narendra : (14:14) Narendra : #QuickTrade …. 31500PE ….. 42 – 65 …… all out ….. Fastest Finger First …… 7DT Done ….. now not even interested in taking lottery trade ….. done for the day ….. will have a cup of coffee and watch the expiry circus now
14:18 Himanshu : Ok Bye Narendra ( Haha)
14:19 Narendra : Ha Ha Ha …. I am not logging out ….. will stay here to see the expiry circus
14:19 Himanshu : Ok
14:19 Himanshu : jus kidding cause
14:19 Himanshu : you will still jump in .
14:19 Narendra : me too ….. just kidding
14:20 Himanshu : If they dont cover shorts today – then tomorrow will be big fall
14:20 Himanshu : first ,,,
14:20 Shai : short BNF 31600- 31595 sl of 31699 tgt 31480/ 31345
14:21 Narendra : (14:19) Himanshu : you will still jump in . …. not today Himanshu ….. had a fantastic day after a really long time …. 5 trades taken all ended in GREEN MTM …. now no more position .
14:22 Shai : looking for 31500 put to push to 117
14:23 Narendra : seems those put writers are going to be in panic mode soon
14:24 Narendra : Nifty Spot is still holding on
14:26 Narendra : any new bad news in Yes Bank ….. vertical crack in last 10 minutes
14:27 Govind : Some NCLAT ruling
14:27 Govind : creditors will getonly 60%
14:27 Jitender : nclat judgement fr ruia bad fr banks n lenders
14:27 Jitender : just out 5 mins back
14:27 Govind : tv trade
14:28 Shai : BNF at 31535. Book half here and ride some at cost
14:28 Shubro : just love the timing of these trade
14:28 Jitender : sbi knockd off
14:28 Shai : 20K sellers
14:29 Shai : sucker is late- hope he does not mess up a good setup here
14:31 Himanshu : 40 % 31500PE unwounded
14:31 Shai : 🙂
14:31 Shai : bacchas
14:34 Anubhav : 2.45 move coming up
14:34 Govind : HDFCB and Axis goin up since the ruling came out
14:34 MJ : Shai SC above what level you seeing?
14:34 Narendra : Index Management Mode ON
14:34 Sandip : bnf 31400 ce from 88 – 112:)
14:35 Narendra : Superb ….. Congrats
14:35 Anubhav : nf at ibh
14:35 Anubhav : tod do
14:35 Jitender : +1 Sandip
14:36 Shai : +1
14:36 Shai : SC abv vwap only
14:36 MJ : Thanks.
14:37 Anubhav : any1 for spike up close?
14:41 Shai : Close the BNF remianing shorts
14:41 Anubhav : nf come one
14:41 Sandip : Thanks guys
14:43 Anubhav : 11950 ce oi reducing?
14:45 Jitender : 31.5pe 58-18
14:45 Uttam : (13:58) Uttam : have a feeling Nifty Spot can tag 12k today(13:58) Uttam : 11932 needs to hold
14:45 Uttam : check the spot low in this dip
14:45 Anubhav : atiuttam
14:51 Anubhav : bas 20 points nifty…
14:52 Himanshu : think BNF is tired
14:52 Anubhav : vwap pe atki hai himanshu
14:56 Himanshu : Chief some short covering in NF – 54k Positive COt in this bar
14:57 Rushabh : lol 50k back
14:57 Rushabh : nf
14:57 Rushabh : played well (14:36) Shai : SC abv vwap only
15:00 Anubhav : algo 2 coming up
15:01 Sandip : bnf pe 31500 70-91
15:02 Sandip : 🙂
15:03 Anubhav : kya speed hai bhai
15:03 Anubhav : bravo
15:03 Sandip : Its jumping 10-12 points every 2-3 seconds
15:04 Sandip : the idea is for spot to end on 31500
15:04 Sandip : any 30-40 pts away from it is a good chance to scalp options ..unless cash movements begin to show up
15:05 Narendra : 31500 and 11950 seem to be expiry levels
15:05 Anubhav : nifty value moved up again uttam..still we can move higher towards 12050-12100?
15:05 Anubhav : tomorrow
15:06 Gaurav : tomorrow is budget day
15:06 Gaurav : better to stay out
15:06 MJ : 1.5 ib didn’t tag, P profile dhi 11999 (12:02) MJ : 12005 cometh?(12:04) MJ : 1.5 ib over there.
15:07 MJ : 12.1k pe done
15:07 Sandip : spot dropped and took that peto 105
15:07 Anubhav : so bearish bias now mj?
15:07 MJ : Anubhav i trade ID.
15:07 Anubhav : some kind of mean reversion
15:07 Anubhav : okok
15:08 MJ : I am happy as far as market moves.
15:08 MJ : Ask shai uttam for bias or views.
15:08 MJ : 1.5ib setup that’s it.
15:08 Himanshu : 315000 PE writers saved Iguess
15:08 Himanshu : No crime scene today
15:09 Sandip : yes
15:09 MJ : Himanshu P profile, they did well.
15:11 Himanshu : WTF
15:11 Himanshu : crime happening
15:11 Sandip : crime on haha
15:11 Narendra : Lat trade was the best trade of the day …. 1200PE ….. 31-49 …… booked fully .
15:12 Narendra : *Last
15:12 Sandip : if 31400 ce hits 30-35 ill buy it for move till 55
15:13 Anubhav : late longs exited in nf
15:14 Anubhav : they were hoping for 12025 like me …lol
15:14 Rushabh : 11910?
15:15 Anubhav : again exp at vwap/dpoc/pdh
15:15 Anubhav : damn all levels here
15:16 MJ : Bye chief and everyone
15:16 MJ : See you on monday.
15:17 Anubhav : adios
15:17 Sandip : 31500 pe writers not giving up?
15:20 Anubhav : exp below max pain?
15:20 Anubhav : or average price will be more than current spot
15:20 Himanshu : premium on BNF F is saving 31500 PE writers
15:21 Sandip : now giving up some of their OI
15:22 Sandip : spot rules options Himanshu
15:22 Gaurav : STT effect
15:22 Gaurav : not future price
15:23 Anubhav : yup
15:24 Shai : could not trade BNF well today but the sell was on
15:24 Shai : (12:50) Shai : but I won’t be overtly long post 2 pm
15:25 Uttam : +1 Shai
15:25 Himanshu : chief
15:25 Rushabh : +1
15:25 Shai : messy day tom also
15:25 Himanshu : When can expect – COT to turn positive
15:25 Shai : could be wilder tom
15:25 Himanshu : OTF is still distributing
15:25 Uttam : tom is the budget right?
15:25 Himanshu : yes
15:25 Anubhav : yeah
15:25 Anubhav : wild swings
15:26 Rushabh : shai BNF cot negates the tuesday one now?
15:27 Shai : yes
15:27 Shai : technically headed down to 31370 again
15:27 Rushabh : and 11910 shai?
15:28 Gaurav : as Jit says, capital conservation day tomorrow
15:28 Shai : 11910- 11925 yes
15:28 Rushabh : okay
15:29 Himanshu : Uff
15:29 Himanshu : 2 DT
15:29 Himanshu : with lot of labour
15:29 TP : Bye All.
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Bye all
15:29 Anubhav : bye
15:29 Himanshu : somehow this -ve COT kept bothering me
15:29 Himanshu : Chief
15:29 Shai : Have a nice evening
15:29 Thanika : Bye all
15:29 Himanshu : thanks – Chief
15:29 Himanshu : Uttam
15:30 Sandip : bye all
15:30 Rohit : Bye All