Order Flow charts dated 6th Mar

Many traders are used to viewing volume as a histogram beneath a price chart. But the OrderFlow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.

An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.

NF

30 Min Fp Nf 2 Order Flow Charts Dated 6Th Mar 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 2 Order Flow Charts Dated 6Th Mar Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

09:00 Vtrender Live : (08:57) Vtrender Live: option charts – https://join.me/419-337-053
(09:00) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/145059989

09:26 Shai : (09:26) Shai : Update – Close the 10900 PE monthly at 91 cmp

09:53 Shai : (09:52) Shai : POsitional – Rebuy 10900 puts again at 91-92 , maintain a sl of 72 tgt 140. 10900 Monthly . Trade 50%25 size.

10:24 RK : (10:23) RK : Long NF 11035 SL 11000 obj 11085

10:36 RK : (10:35) RK : part book 11058 and move SL to 11034.Also revise obj to 11080 (10:23) RK : Long NF 11035 SL 11000 obj 11085

11:35 RK : (11:35) RK : Book full at 11076 (10:35) RK : part book 11058 and move SL to 11034.Also revise obj to 11080 (10:23) RK : Long NF 11035 SL 11000 obj 1108


08:56 Dr Prajwal : gm shai
08:57 Vtrender Live : option charts – https://join.me/419-337-053
09:00 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/145059989
09:01 Shai : GM all
09:01 Shai : https://vtrender.in/market-profile-analysis-dated-5th-mar/
09:03 Shai : trend day up yesterday with imp ref zo e at 10933-10946 being vwap/ poc of the session
09:03 Shai : BNF vwap was 27385
09:03 Shai : this zone if visisted again next 2 sessions , watch if buyers respond in the Orderflow to initiate new longs
09:08 Jitender : Gm Folks 🙂
09:09 Ajay : gm all
09:09 Lakshmi : GM all
09:09 Rahul Desai : Good morning guys…
09:10 AN : Good Morning All.
09:11 Raj : Hi All Good Morning
09:11 Boppanna : Gm all
09:13 Uttam : Good Morning All 🙂
09:15 Uttam : 27716 was an FA in BNF in Feb
09:15 Uttam : 27745 was VAH of composite from 7th Jan to 23 Jan
09:16 Uttam : BNF move into this composite in Feb got rejeted at 27716 so need to see now if it gets accepted
09:16 Uttam : NF above the weekly vPOC of 11049
09:16 Uttam : 11067 next daily vPOC on upside
09:16 Shai : 11067 ref zone for the open
09:16 Uttam : 27798 is a vpoc in BNF above 27745
09:16 Shai : if crossed buy into 11200 calls
09:17 Uttam : +1 Shai
09:17 Shai : else would drop down
09:17 Uttam : 11144 is 1 ATR from weekly FA of 10833
09:18 Uttam : it was a 3 IB & 4 IB day yesterday in NF & BNF so post IB we could get some retracement
09:18 Shai : +1
09:19 MJ : Good morning everyone.
09:20 RK : GM Shai and all
09:20 Manjunath : GM all…:)
09:21 Subhodeep : gm everyone
09:21 MJ : @Shai canweget the range nos. in both 5 min charts on front?
09:21 MJ : in* front of the candle?
09:25 Shai : on top of the OF?
09:26 Shai : Update – Close the 10900 PE monthly at 91 cmp
09:27 MJ : Currently it gets hidden behind candle or size>=20 tag.
09:27 Hari : GM ALl
09:28 Hari : Shai, NF profile charts out of screen
09:28 Jitender : 27.4ce 199-271
09:28 Jitender : Dt done
09:32 Uttam : nice Jit 🙂 congrats
09:32 Boppanna : Congrats hats off to ur HW
09:32 Subhodeep : congo jit
09:32 Boppanna : Jit
09:33 Jitender : tx all
09:34 Jitender : BoP….momentum
09:35 Boppanna : Nah I had mentioned yesterday that 27400ce 200 was on watch as well today that a perfect buy
09:35 Uttam : yes Jit trend days & 3IB+ days always give a move in the same direction next day till IB
09:35 Jitender : ys
09:35 Jitender : esp in A
09:35 Uttam : +1
09:36 Boppanna : Yes and Uttam’s hypo was bingo as usual
09:38 Jitender : now ppl waitn fr dip mite b forced to buy higher
09:38 Hari : Shai, u t
09:40 Boppanna : +1 Jit IMO and it might spend a good amt of time in morning session in the 630-750 range BNF
09:41 Jitender : +1
09:42 Risshi rewari : (09:35) Uttam : yes Jit trend days & 3IB+ days always give a move in the same direction next day till IB…what does ib mean
09:42 Uttam : initial balance = first hour
09:43 Azmath : OAOR, Vols Good… nice trades we might get post IB – 3IB setup
09:43 Risshi rewari : 3ib means 3 times yesterday ib range
09:44 Uttam : @Risshi lot of our discussion in the room will be on ters related to MP (Market Profile) so it will help if you can read a bit about them in brief
09:44 Uttam : yep 3ib is 3 times the IB range
09:44 Risshi rewari : sure
09:44 Hari : Uttam, can you help in moving the NF profile charts down, seems out of screen
09:45 Shai : basic terms – https://vtrender.com/what-is-the-market-profile/
09:46 Shai : Thanks Hari – (09:28) Hari : Shai, NF profile charts out of screen
09:46 Shai : back on now
09:47 Risshi rewari : does a nifty COT > 50000 hold any relevance like 4 th candle today
09:47 Shai : yes
09:47 Shai : 5 min candles
09:48 Uttam : you watvhing thre 30min or 5min Risshi?
09:48 Risshi rewari : yes
09:48 Risshi rewari : 5 min
09:48 Uttam : ok
09:49 MJ : 3ib setup come on. Get that dip tht everyone wants 🙂
09:50 Risshi rewari : is it a point to short on trigger of this candle having low 11060
09:51 MJ : Jit in the oi data did you see that pcr of 7th march? Isn’t it quite stretched for weekly?
09:51 MJ : 7MAR2019: 10782 , 2.043 , 242192
09:51 Jitender : ys PCR is stretched…but its a laggn indicator
09:52 Jitender : ID u ride momentum
09:52 Jitender : so take tat as a profit bookn or cautionary indicator
09:52 Jitender : u=n use it fr extremes
09:52 Jitender : contra
09:52 Shai : POsitional – Rebuy 10900 puts again at 91-92 , maintain a sl of 72 tgt 140. 10900 Monthly . Trade 50% size.
09:53 Shai : we are copming back in same position
09:53 Shai : was expecting a swipe to 11099 above 11067
09:53 Shai : back to 11067 as ref
09:54 Shai : this would start moving well below 11033
09:54 Shai : else would be a falt day today
09:54 Shai : flat*
09:54 MJ : Yes Jit. Not using it for ID. But overall inventory.
09:54 Jitender : its actually babaji ka ghanta
09:56 Shai : election dates are out?
09:56 Jitender : nope
09:57 Shai : I got Apr 1- to May 17 dates
09:57 Shai : Apr 10 – May 17
09:57 Jitender : k
09:57 Uttam : was expected this week Shai so could hav e come
09:57 Shai : that is too soon
09:57 Shai : Apr 10
09:57 Shai : yesterday rally built for that maybe
09:58 Boppanna : Just a question is it better from a price point to rebuying the put 10900pe at the end of IB if it gets above 90-91?
09:58 Uttam : why do I feel that 3 IB set up may not work today?
09:58 Boppanna : @Shai
09:59 MJ : 11095 and above this can go with the momentum Uttam.
09:59 Jitender : Uttam (09:38) Jitender : now ppl waitn fr dip mite b forced to buy higher
09:59 Rahul Desai : Hi Shai…”POsitional – Rebuy 10900 puts again at 91-92 , maintain a sl of 72 tgt 140. 10900 Monthly . Trade 50% size.” this is for Marc series right? Just wanted to reconfirm
09:59 MJ : +1 jit.
09:59 Jitender : dip will happen..but timing it wud b tricky
09:59 Rahul Desai : March series
09:59 MJ : Yes March series.
10:00 Rahul Desai : ok
10:00 Uttam : +1 Jit I somehow feel our thoughts always match when it comes to the market 🙂
10:00 Boppanna : Just the success ratio of the set up is like Kohli ‘s 100s spree 09:58 Uttam : why do I feel that 3 IB set up may not work today?
10:00 Jitender : nah man… u r way ahead
10:00 MJ : This timing is the key. (09:59) Jitender : dip will happen..but timing it wud b tricky
10:00 Uttam : oh come on Jit, aaj meri baari is it 😉
10:00 Jitender : esp wen it comes to being bull
10:00 Vijai : buyer seller numbers not available in 30min
10:01 Uttam : yes Bops +1
10:01 Rahul Desai : Thanks MJ
10:01 Jitender : MJ..y time it…
10:01 Jitender : btfd
10:01 Jitender : wud b one good trade
10:01 Jitender : b baniya in tradn…not punju
10:01 MJ : 🙂
10:02 MJ : BTFD should happen no. now just waiting for it. 🙂 (positional ones)
10:02 MJ : ID is smooth. Ping pong.
10:03 Vijai : 30min chart not showing sell/buy figures.Any change? uttam
10:03 Arjun : MJ sir whats BTFD
10:04 MJ : Buy the ….
10:04 Uttam : yes Vijai, now sorted
10:04 MJ : No sir Arjun. All are even here. 🙂
10:05 Vijai : ok
10:05 Azmath : MJ Saar.. Ping Pong chalu hai kya
10:06 MJ : AZ One done.
10:10 Boppanna : RK your view in NF pls
10:10 RK : Bop 10980-11030-11090/120 range for the day
10:11 Boppanna : thx
10:11 RK : 11030 flip zone
10:12 Manjunath : RK – What do you think of this rally and what’s your bias for the week?
10:12 Hari : RK MO at 120+?
10:12 Subhodeep : jit when you do have time please do have a look at slack
10:13 Uttam : weekly 11k PE being written?
10:13 RK : bias for the week is sideways to slight extn upside..around 10970 should show demand ..Rally is emotional and need to build value higher to get more upside
10:14 RK : Hari 124
10:14 Uttam : RK, MO can remain at higher levels right?
10:14 RK : decl vol 7% Uttam..If they make overlap above 11K then it could cool down
10:15 Manjunath : Thanks RK _/\_
10:15 Uttam : oh okies so a balance here would be good before a fresh leg upside?
10:15 RK : yes
10:15 Subhodeep : +1(10:11) RK : 11030 flip zone
10:16 Uttam : thanks RK 🙂
10:17 RK : RF=18/MO=+110/4IB day = not a way start new leg
10:17 RK : *to start
10:18 AN : Hari/RK, what are the good ref levels for MO for ST trend for over bought/Sold
10:18 Shai : yes RK
10:18 Shai : and negative COT
10:18 RK : yes -ve COT
10:18 RK : at start of series
10:18 RK : AN we track 60-80 range
10:19 RK : mostly we see reversal in this range for ST
10:19 Subhodeep : the dip iis here?
10:19 Uttam : -76K COT in NF
10:19 Shai : 11000 call weekly sold off
10:20 Uttam : BNF has buyers in this dip?
10:20 Shai : 42- 35 zone to watch
10:20 MJ : Bopp. in the 3ib setup?
10:20 Shai : below 35 is very weak
10:20 MJ : Century will be good.
10:20 Boppanna : Out MJ
10:20 Uttam : 1L buyer in NF
10:20 MJ : Okay Part out.
10:20 Uttam : stuck sellers will keep getting out on dips
10:21 Boppanna : My range for 630-750 BNF for morning session lets see if can sustain below 630
10:21 Uttam : 11000pe can do 51 Shai and above it if sustains then 75?
10:22 MJ : If VKO doesn’t get 100 we know he still averages 60 🙂 This 3ib setup is pure gold.
10:23 TP : GM All.
10:23 Uttam : C side extension in both
10:23 RK : Long NF 11035 SL 11000 obj 11085
10:23 Subhodeep : @rk 11030 is here
10:24 Shai : here now- (09:54) Shai : this would start moving well below 11033
10:24 MJ : Shai Sept RO point was 11035 zone.
10:24 Subhodeep : rk if 11030 is you r flip why going long with 11k as sl ?
10:25 MJ : Bopp. All out 🙂
10:25 MJ : 3ib.
10:25 MJ : S check OF greens.
10:25 MJ : Hungry dip buyers these are.
10:26 Subhodeep : hmmm big cot M ,
10:26 MJ : Yep.
10:27 Uttam : (10:20) Uttam : 1L buyer in NF(10:20) Uttam : stuck sellers will keep getting out on dips
10:27 MJ : And lows coming in c period.
10:27 Uttam : (10:23) Uttam : C side extension in both
10:27 MJ : Now vwap taken in c period will be badaboom.
10:27 MJ : Lets wait.
10:27 Boppanna : Nice MJ.. I just stick to Uttam’s hypos for exits when in the 3IB looking for supports mentioned and exit there
10:28 MJ : Nice I book half qty on range estimation that I do. And other half till the time I head on to any big buyer or my tsl hits.
10:28 Psandeep : 5 mins and 30 mins both lagging pausing quite a bit
10:29 Uttam : NF had 1L COT and now again 35K COT on 5mins
10:29 Boppanna : if I get 80pts in BNF thats good enough for me irrespective of the day
10:29 MJ : Nice 🙂 Congrats on that trade.
10:29 Psandeep : My message went after a min, let me re login may be issue at my end ?
10:30 MJ : OF + MP together with some quant seasoning is such a lovely combination.
10:32 RK : odds are very less for morning imbalance against trend (10:24) Subhodeep : rk if 11030 is you r flip why going long with 11k as sl ?
10:35 Subhodeep : ok
10:35 RK : part book 11058 and move SL to 11034.Also revise obj to 11080 (10:23) RK : Long NF 11035 SL 11000 obj 11085
10:36 Jitender : +1
10:36 MJ : +1 RK
10:36 Uttam : nice RK +1
10:36 MJ : Your trade made me SAR 🙂 shukraaan.
10:36 Boppanna : +1 quick trades are the best 🙂
10:36 Azmath : RK _/\_ awesome
10:37 MJ : quickies are always welcome.
10:39 Uttam : probabale FA at lows in both
10:39 Uttam : but BNF still not able to stay above IBL
10:40 Raj : Uttam what is FA?
10:40 Uttam : Failed Auction
10:40 Raj : k
10:49 MJ : Kathir there?
10:53 MJ : Tail at both side kinda day will be nice.
10:55 Jitender : 10.9ce 104-131 & 27.4 178-209 (10:01) Jitender : MJ..y time it…(10:01) Jitender : btfd
10:58 Uttam : +1 Jit
10:58 MJ : +1 jit
10:59 Jitender : +1 guys
10:59 Psandeep : nice Jit
10:59 Jitender : tx bro
10:59 Uttam : A FA getting confrimed in the C side ext will be nice now for a move in the direction of the trend
10:59 Dr Vasim null : what is +1
11:00 Jitender : thumbs up/cheers
11:00 Himanshu : Uttam GM
11:00 Himanshu : FA at lower end in BNF you mean
11:00 MJ : Jit 11040 rough 3ib trade was out.
11:01 MJ : Got into nf bnf at 1L buyer arrival. 🙂
11:01 Shai : I would be logging off early today guys. Trade well and trade profitably
11:01 Shai : catch up tom
11:01 MJ : Okay Shai. Toodles.
11:01 Jitender : tc Shai
11:01 Jitender : have a good day
11:01 Uttam : cool Shai +1 catch you tom
11:01 Uttam : ys Himanshu
11:02 Himanshu : Uttam – joing late tday
11:02 Himanshu : wanted to know u refered hee BNF FA at lower end – mean at open levels
11:02 Himanshu : so bias is +ve
11:03 Uttam : if FA gets confirmed
11:03 Himanshu : yes go ahead
11:04 Himanshu : if FA get confromed – its
11:04 Uttam : BNF back below IBL
11:04 Dr Vasim null : how we come to know fa getting confirmed
11:04 Himanshu : so if FA get confirmed ..u did not finish statement
11:05 Uttam : FA gets confirmed if we break one side of IB but dont sustain & get back in the opposite direction to then break the other end of the IB
11:06 Himanshu : ok so whats your opinion here in BNF
11:06 Dr Vasim null : ok
11:06 Dr Vasim null : thanks uttam
11:06 Himanshu : think we rejected from open level in bnf once i
11:07 Uttam : please refer to the hypos given Himanshu in the daily report
11:07 Himanshu : oh no- was late so jumped here will now
11:08 Uttam : daily hypos are also posted in slack
11:09 Himanshu : yes
11:10 Uttam : had mentioned in the mornign that 27745 was the VAH of the old composite in BNF made in Jan
11:10 Himanshu : so as per that BNF has to sustain above27638
11:10 Himanshu : we r roaming around that –
11:10 Uttam : and the entry into it in Feb was rejected as BNF left a FA at 27716 and trended lower
11:10 Himanshu : if breaks than 27500-27485 can be tagged
11:10 Himanshu : thanks
11:10 Uttam : today also BNF was not able to sustai above that 27745
11:11 Himanshu : so bias is negative
11:11 Uttam : although we made a high of 27760 but have a small tail at top from 27740-27760
11:13 Uttam : @Himanshu we had a trend day up yesterday so can expect a balance today
11:14 Himanshu : ok so normal profile
11:15 Himanshu : within IB – with extension both side and closing at Wvap
11:15 Uttam : below 27638 sustaining means can tag 27580 & 486
11:15 Himanshu : k
11:15 Himanshu : Thx
11:15 Himanshu : short – 27700CE
11:15 Uttam : NF seems to have completed upper part of the profile
11:16 Uttam : and can give some rotations to the downside now
11:16 Himanshu : =1
11:16 Himanshu : +1
11:21 Shubro : RK BNF how to read the current profile?
11:21 Shubro : elongated with value drifting lower?
11:25 Shubro : also is this beginning to look like a normal variation day?
11:27 MJ : Need to cross IBH for nv no?
11:28 Shubro : why not IBL?
11:28 Uttam : for Neutral Mihir
11:28 RK : 27650-670 res and acceptance can do IBH and rej could get 550-580 (11:21) Shubro : RK BNF how to read the current profile?
11:28 MJ : Oh yes. Brushup.
11:28 Uttam : already broken IBL
11:28 MJ : One side done. Now ibh for neutral.
11:31 Uttam : NF seems to be in a hurry?
11:32 Uttam : greens galore in NF here?
11:32 Uttam : SLs of shorts?
11:33 Uttam : 37K COT
11:33 MJ : Short sl would be beyond 082 I guess.
11:33 Uttam : then these greens are initiative buyers Mihir?
11:34 MJ : Looks like. The way they are getting printed.
11:34 Uttam : then we are ready for a upside RE again
11:34 MJ : Small range. SL won’t be within that range.
11:34 Uttam : 2 IB coming?
11:35 RK : Book full at 11076 (10:35) RK : part book 11058 and move SL to 11034.Also revise obj to 11080 (10:23) RK : Long NF 11035 SL 11000 obj 11085
11:35 Uttam : we had a 22k red stuck at lows at 11033 so his SL may have been 11075
11:35 Uttam : nice trade RK 🙂
11:36 Boppanna : Nice one RK
11:36 Shubro : is the BNF chart stuck?
11:36 Shubro : +1 RK
11:36 Uttam : its simply not moving Shubro 🙂
11:36 Boppanna : looks fine Shubro
11:36 Shubro : lolol
11:36 Shubro : thx Uttam/Bops
11:37 MJ : aaj banks being controlled.
11:38 Uttam : BNF at VWAP
11:38 MJ : Nifty stock that hasn’t made decent run in this rally is the motm today.
11:38 Uttam : SLs getting hit here
11:38 MJ : Shubro moved bnf 🙂
11:39 Shubro : yes just nudged MJ push man
11:40 MJ : 11118 cometh?
11:40 MJ : 2ib that is.
11:41 Uttam : but we need to take out the IBH first
11:41 Hari : sell off in second half coming
11:41 Uttam : those initiative buyers still trying
11:43 MJ : At highs of daily bands RK.
11:43 MJ : If you track them.
11:43 Uttam : flat vwap today?
11:45 MJ : Yes Uttam. just 1 pt rise once we crosed it.
11:45 Uttam : (11:41) Hari : sell off in second half coming…what levels are you expecting Hari?
11:46 Hari : Uttam, looking for a spike to 11099 and then close flat
11:46 MJ : 1.5ib hari over there. 🙂
11:47 Hari : this is more or less a bear market rally, was awake until 3 am going over a lot of charts
11:47 Hari : looks like a one final blow off
11:47 Prasanth : oh
11:47 RK : ? (11:43) MJ : At highs of daily bands RK.
11:47 Uttam : he meant bollinger bands I guess RK
11:48 MJ : Bollinger bands.
11:48 MJ : Yep.
11:48 RK : ok
11:49 Hari : these are just views and not trade ideas. my reading can be wrong as well
11:49 Shubro : no hari please post in slack for analysis it helps a lot
11:50 Shubro : if you can only!
11:51 Hari : BN does not look good
11:51 Shubro : nope it doesnt
11:52 Shubro : G period might just whack it
11:52 Azmath : BN all biggies dragging down
11:53 MJ : @Uttam remember 10800 straddle you had mentioned on 28th feb?
11:53 Hari : profit booking AZ
11:54 Azmath : ok
11:54 Jitender : Hari..u will be selln stocks accumulated at 10.6 at 11.1 or trail tem after PB
11:55 Uttam : yes Mihir
11:56 Hari : Jit, slowly exiting, booked another 15% today, so only 75% remaining. bw it has no correlation to NF,
11:56 Uttam : @Hari, BNF did not like your comment 😉 showing some green face here but getting to vwap
11:56 MJ : @ Uttam Slight modification there i did. Check dm 🙂
11:56 Jitender : cool Hari
11:56 Hari : want o bring down overall PF to 50-60% b4 May 1
11:57 Jitender : k
11:57 Hari : Uttam, that a beast only you guys can tame it 🙂
11:57 Hari : IMO not out of woods yet
11:58 Uttam : poor beast has had a 750 point run since yesterday so let is please take some rest 😉
11:59 Hari : jit, the way I see it, retail redeeming MF and FII/DII are buying from them so taht they can be attracted again only to remove pants again
11:59 Shubro : lol Hari good one MF industry needs a whack …MF sahi hai shit
12:00 Uttam : Shubro with due respect but I feel it is indeed good 🙂
12:01 Jitender : k Hari
12:01 Shubro : it is if can stomach and stay in for long long periods
12:01 MJ : Uttam MF’s are good, timing of mf sahi hai is not so good.
12:01 Uttam : MF means where you do not worry about timing
12:02 Uttam : another 12k green at top of bar in NF
12:02 MJ : MF never did ads when they got silent money from smart guys.
12:02 MJ : Now everyone wants to earn 20% CAGR seeing those crazy returns.
12:03 MJ : But for someone who has a really long time frame this is noise.
12:03 Shubro : well as long as the country doesnt spend itself to the cleaners all well
12:03 MJ : Shubro, Cleaner you mean Leon like cleaner? 🙂
12:03 Uttam : people who look for 20% in one year in MF are bound to experience only pain 🙂
12:03 Shubro : the selling i see in banks and elsewhere to people who dont know otherwise is just the stuff that will ruin it for the industry
12:04 Shubro : Leon the cleaner haha nice one…great movie
12:04 MJ : They were sold that ways to the retail dreams. Come with excel sheet of top 5 mf and then invest. The FD junta moved there.
12:04 Shubro : scam the pensioners basically
12:06 Psandeep : Thanks Hari for sharing wonderful view
12:06 Hari : only time will tell whether it is wonderful or sucked 🙂
12:07 Hari : On lighter vien @Psandeep
12:07 Hari : Get Shai to talk abt these, he is a walking encylopedia on this subject
12:08 Psandeep : haha..nice one 😉
12:09 Hari : bears gunning for some agrressive targets next year end
12:16 MJ : Ignition on
12:18 Himanshu : Jit – whats ur bet on BNF ?
12:21 Himanshu : hope wont be upside down for NF – IBs
12:22 Jitender : Himanshu 620 pivot fr bnf
12:23 Jitender : plr up
12:25 MJ : YAYAY! new high.
12:25 MJ : meets seller.
12:25 Boppanna : 69k red
12:26 Shubro : bugger
12:27 MJ : Can be part of that 1L seller exiting.
12:27 Hari : call writers covering
12:28 MJ : Hari your 099 coming easily.
12:28 MJ : Feels like.
12:40 Arjun : hi guys im unable to access slack. can someone send me a link ?
12:40 Arjun : old link i got in the introductory email doesnt work anymore
12:43 Uttam : BNF ledge at 27680 RK?
12:43 Uttam : ledge box actually
12:43 Uttam : 27690-27640
12:44 Uttam : @Arjun there has been no change in slack address
12:44 Jitender : 27.4ce in discount
12:45 Arjun : Thank you got it 🙂
12:45 Jitender : Tej here ?
12:46 Uttam : he was there in the morning
12:46 Uttam : late entry 😉
12:46 Jitender : k
12:46 TP : yes jit.
12:47 Jitender : (12:44) Jitender : 27.4ce in discount
12:47 Jitender : chck
12:47 RK : no..likely to be smoothened (12:43) Uttam : BNF ledge at 27680 RK?
12:47 Uttam : thanks RK 🙂 again it is right in the mid
12:47 TP : yes jit was tracking 27k weekly same discount.
12:47 Jitender : strange
12:48 TP : spot 610 ce 570.
12:48 Jitender : k
12:49 Boppanna : 50 either side 620 or 720 before 1:30 can we get
12:55 MJ : Early exit today guys. 🙂 See you tomorrow.
12:55 Azmath : Bye MJ TC
12:56 Boppanna : Out12:49 Boppanna : 50 either side 620 or 720 before 1:30 can we get
12:56 Uttam : done enough for the day MJ so going to party 😉
12:56 Uttam : anywaytake care
12:56 Jitender : 10k red at bottom bnf
12:56 MJ : Lol
12:57 Hari : BNF 🙂
12:57 MJ : Have a client meting Uttam 🙂 coming closer to you and AZ.
12:57 MJ : Hyd.
12:57 Uttam : stuck in a small range is BNF
12:57 Azmath : Drop by Bngalore bro
12:57 Azmath : very near
12:57 Uttam : cool Mihir with your style of trading you need to tell clients to come & meet you in Mumbai 🙂
12:58 AN : Welcome to hyd MJ, i’m from hyd 🙂
12:58 Uttam : 20k green
12:58 Uttam : 27591 low so far
12:59 Uttam : b) Staying below 27638, the auction can tag 27580 & 27486
12:59 Psandeep : 27.4ce 200 to 152 Thanks Jit for brining into attention about discount in ces
12:59 Uttam : NF has a big red at vwap but greens also there
12:59 Uttam : -30K COT
13:02 Himanshu : 27580 done
13:06 Uttam : 27580-27486 is all singles so if BNF gets accepted here then can do the entire tail
13:09 Hari : NF can spike up
13:10 AN : Reliance zoom
13:10 AN : pulling NF
13:10 Uttam : 11055 has 5 TPOs in NF
13:10 Hari : watching this c) Above 11078 NF can probe 11092-98/11121
13:11 RK : wide POC NF
13:12 RK : and Neutral
13:13 Uttam : FA at 11033 confirmed but probable FA at 11087 also
13:13 Hari : so need demand abv P RK?
13:13 Uttam : Hari getting his spike looks like?
13:13 RK : P uttam
13:13 RK : Uttam
13:14 RK : might make sluggish extn if clears 11085 but not sure will sustain the extn till close
13:14 Uttam : not a conventional ‘p’ though RK as we have singles below of C period?
13:14 Jitender : 620 buy avg at 580=booked 650
13:14 Jitender : btfd
13:14 Hari : BNf can test 27735 once which can be the supply for next one week
13:16 Uttam : if BNF gets above 27690 can do 100+ I feel
13:17 Jitender : 660 now
13:17 Boppanna : First test of MB low done
13:21 Uttam : 11055 breaks in NF can test day lows again
13:22 Uttam : reds in NF at vwap
13:25 Boppanna : One more test of 580 BNF?
13:26 Uttam : this time can fall 100 if breaks that
13:27 Uttam : reds piling up in NF
13:28 Uttam : lets see how this TPO closes
13:29 Boppanna : BNF needs to get above 620
13:30 Jitender : 15k green
13:30 Jitender : bnf
13:31 Prasanth : too early to get short I guess
13:31 Jitender : dont
13:34 Subhodeep : SEEMS THIS IS A BTFD ISNT IT JIT?
13:34 Subhodeep : sorry for the caps
13:34 Subhodeep : did not realise
13:34 Subhodeep : nf wise?
13:34 Jitender : ys Shubho
13:34 Jitender : Sl 27555
13:34 Jitender : m talkn bnf
13:35 Jitender : nf..refer to Rk / Uttam
13:35 Subhodeep : yep got that
13:35 Subhodeep : missed the b in the bnf
13:35 Himanshu : jit – shall hold 27560 – 3 tries done
13:36 Jitender : k
13:38 Boppanna : 27600pe didn’t make a new high in that drop to 560
13:39 Jitender : half book at 625 (13:30) Jitender : 15k green(13:30) Jitender : bnf
13:39 Boppanna : +1
13:39 Himanshu : Uttam – whats is dpoc in BNF cant see here
13:40 Subhodeep : thanks jit done and out
13:40 Boppanna : 688 in sight gets above 645
13:40 Jitender : wc Shubho
13:40 Jitender : didnt shrt today once
13:40 Jitender : all btfd
13:40 Subhodeep : want to imitate your play freq
13:40 Subhodeep : 🙂
13:40 Jitender : Sl 600 now
13:40 Uttam : 27670 should be dPOC in BNF Himanshu
13:40 Subhodeep : SHALL LOOK TO REENTER IF THOSE LEVELS ARE THERE AGAIN AFTER CON
13:41 Subhodeep : apologies again
13:41 Jitender : see OF tere
13:41 Subhodeep : seeing hdfc bank perk up from slumber
13:41 Subhodeep : some vols as well
13:41 Subhodeep : there
13:43 Uttam : 13800 green at highd of bar in NF
13:43 Psandeep : 27.4ce done 135 to 158
13:43 Boppanna : Nice one Sandeep
13:45 Jitender : +1 Sandeep
13:46 Subhodeep : nice sandeep
13:46 Subhodeep : shall migrate in a day or two to bnf and leave nifty for the others 🙂
13:46 Psandeep : Cheers guys
13:47 Himanshu : Uttam thx
13:47 Jitender : Shubho nf is stabler n better 2 master first
13:47 Himanshu : Jit -27400PE – short shall be safe ?
13:47 Jitender : bnf is a beat
13:47 Jitender : ys Himanshu….but after 2.20
13:47 Jitender : if bnf abv 620
13:48 Himanshu : Ok
13:48 Psandeep : Yes Subhodeep many have burnt fingers in Bank nifty. For the starters trade with very less qty for the taste of blood 😀
13:48 Subhodeep : i generally trade les qty on index as i trade stocks
13:49 Subhodeep : thanks for the heads up
13:49 Subhodeep : sandeep
13:49 Psandeep : Cheers
13:51 Subhodeep : daily charts nifty again seems to be tiring at this zone
13:55 Hari : NF vwap line is pretty much flat
13:55 Prasanth : if we open gap down tomoroow perfect island reversal
13:57 Prasanth : *tomorrow
13:58 Himanshu : greens in NF
13:58 Himanshu : let it pull BNF also
14:03 Uttam : day of stuck players today also
14:03 Uttam : that 13k green stuck at top in NF gave IBL
14:03 Uttam : now 16k red stuck at 11047
14:04 Uttam : 11070 to 1147
14:04 Uttam : and from 11047 back to 11067
14:07 Subhodeep : mb charts ahave made some rectangles uttam please give us your interpretation
14:07 Subhodeep : bnf
14:11 Shubro : jit still btfd?
14:11 Shubro : for both ?
14:11 Uttam : they are micro balances Subho
14:12 Uttam : 27688-27648 first one
14:12 Uttam : see once it moves out of that MB, BNF took res at that MB low
14:12 Jitender : Shubro..last hr coming….
14:12 Shubro : ok
14:12 Uttam : now its forming another narrow MB from 27624-27584
14:12 Jitender : can go either way
14:13 Jitender : 560-620 range
14:13 Uttam : RK giving p+spike in NF?
14:14 Uttam : BNF last TPO made inside bar
14:15 Uttam : K will give the direction?
14:15 Subhodeep : last hr fireworks before the fatigue?
14:15 RK : (13:11) RK : wide POC NF
14:15 RK : Uttam
14:15 Uttam : so not going anywhere today?
14:16 Uttam : Normal Day with tiny ext both side
14:16 RK : one dash at day high then peace may be
14:16 Uttam : tom we can get good move then?
14:16 Uttam : oh ok RK
14:16 RK : possibly tmw to test extn handle of yday profile
14:17 RK : if no extn today then tmw auction above/below poc of today will make a move
14:17 Uttam : BNF then one trip to DH possible?
14:17 RK : 650 maybe min
14:18 RK : if no res then 700
14:18 Uttam : ok RK 🙂 thanks
14:22 Himanshu : Jit – is it safe now 27400 PE
14:22 Himanshu : done
14:23 Himanshu : as directed
14:26 Uttam : greens in NF
14:26 Jitender : 🙂
14:26 Jitender : good day
14:27 Shubro : good day Jit
14:27 Uttam : 22k again in NF at top
14:28 Uttam : big greens in BNF also as it gets above vwap
14:29 Uttam : 27690
14:29 Jitender : boom
14:29 Uttam : above it can do DH
14:30 Subhodeep : fire works??
14:30 Uttam : (14:17) Uttam : BNF then one trip to DH possible? hapening
14:31 Boppanna : @27600pe not breaking day low 14:30 Uttam : (14:17) Uttam : BNF then one trip to DH possible? hapening
14:31 Uttam : RK got his 27700 in BNF
14:32 Uttam : (14:14) Uttam : BNF last TPO made inside bar(14:15) Uttam : K will give the direction?
14:32 Jitender : +1
14:33 Jitender : 11k green at top bnf
14:33 Jitender : Himanshu..part book if u r ID
14:33 Uttam : 45k red in NF
14:33 Himanshu : yes
14:33 Himanshu : booked all
14:33 Himanshu : only 5 lot – 27500
14:35 Himanshu : Exited Jit – 27500PE
14:36 Jitender : +1
14:37 Himanshu : Thx just 30 sec early – or 5 rs more
14:37 Himanshu : anyways 2.40 deserves one exit
14:37 Himanshu : Thx Jit
14:37 Psandeep : nice Himanshu
14:37 Jitender : wc
14:39 Jitender : timing of exit 🙂 (14:33) Jitender : Himanshu..part book if u r ID
14:39 Shubro : Jit carry the long ?
14:39 Jitender : wich long ?
14:39 Shubro : NF btfd now?
14:40 Shubro : as in taken earlier at lows?
14:40 Jitender : wait
14:40 Shubro : ok
14:40 Jitender : wat lvl r u long at ?
14:40 Shubro : 11037
14:40 RK : vwap..69 to 80 11100 PE (13:14) RK : might make sluggish extn if clears 11085 but not sure will sustain the extn till close
14:41 RK : it was imbalance from 11050 to 11090..so not wise to buy breakout on neutral day
14:41 Boppanna : Nice one RK
14:41 TP : +1 RK.
14:41 Jitender : half book at 71 Shubro
14:41 Shubro : ok thx
14:41 Boppanna : BNF just doing a slice thru of the two MB’s of today rapid
14:41 Jitender : always half book n trail
14:42 Shubro : allright
14:44 Jitender : book all Shubro
14:46 Shubro : ok
14:46 Hari : is it a clearing day 🙂
14:46 Jitender : else if u wanns use yr discretion…its yr call
14:46 Jitender : hope yr DT is done 🙂
14:47 Shubro : oh yes that was done long ago in the morning
14:47 RK : leaving early..will catch up tmw
14:47 Jitender : champion man Shubro
14:47 Jitender : tc Rk
14:47 Shubro : thanks Jit but a long long road to travel
14:48 Jitender : travel sum everyday….
14:48 Boppanna : bye Rk
14:48 Jitender : n wen u get 2xDT..reduce yr vols next day
14:48 Shubro : if it had gone short today further would have had to give up the gains but exited
14:48 Shubro : great point
14:48 Shubro : exited in the J recovery that is
14:49 Jitender : 2day only a champ like Tej…cud have shrted n exited in time…fr a mortal like me it was btfd
14:49 Shubro : J, K i.e.
14:49 Shubro : the last hour or so was taxing
14:50 Shubro : bach gaya so not happy with the conviction side basically
14:50 TP : jit almost got the lows in morning weekly 28k ce 360 ….(14:49) Jitender : 2day only a champ like Tej…cud have shrted n exited in time…fr a mortal like me it was btfd
14:51 Shubro : let see what happens tomorrow expiry BNF aiyoo
14:51 TP : index all short today apart from rk’s call 😉
14:51 Jitender : 🙂
14:52 Psandeep : nice TP. You are too good
14:53 Himanshu : Jit and Uttam – better tom take pos
14:54 Himanshu : or any advise here incase come down below 27620-584 range
14:54 Jitender : 2expiry games
14:54 Jitender : 2mrw
14:55 Shubro : whats the guidance Tej for tomorrow esp BNF?
14:55 TP : tks guys , sharing a few quick one’s post RK’s alert on slack.
14:56 Dr Vasim null : what that green box means
14:56 TP : Shubro i have no levels just follow the OF and Chief.
14:57 Shubro : allrite Tej thanks
14:57 Dr Vasim null : ?
15:00 TP : 1050 combo at 60 looks cheap.
15:00 TP : 11050
15:01 Uttam : Dr. V those green boxes show a big buyer as you can see inside that number also is geeen
15:01 Boppanna : spike NF?
15:01 Dr Vasim null : thanks uttam
15:03 Rahul Desai : Uttam do we get to see Red boxes as well if there is a Seller?
15:03 Uttam : yes
15:03 Rahul Desai : I mean a big Seller?
15:03 Rahul Desai : ok
15:03 AN : TP are you carrying that combo for tomorrow?
15:03 Rahul Desai : The numbers we see are the Number of Lots purchased at a specific price right?
15:04 Hari : I am done 13:14 Hari : BNf can test 27735 once which can be the supply for next one week
15:05 Hari : near to 11099
15:05 TP : No AN not carrying it.
15:05 AN : thx
15:07 Dr Vasim null : red box
15:09 Hari : time to short both swing
15:12 Dr Vasim null : how to interpret cot
15:15 Uttam : 40k green in NF
15:15 Uttam : that seller at high covering?
15:17 Boppanna : Not waiting for weekly expiry to get over 15:09 Hari : time to short both swing
15:17 Dr Vasim null : uttam cot?
15:17 Uttam : Dr, please refer yesterday’s chat in the order flow post
15:17 Uttam : we had disucssed abt it
15:19 Hari : RK, MO pls
15:19 Jitender : greens…want a gap up
15:19 Dr Vasim null : new comer so not getting yet
15:19 Gaurav : Hari, he mentioned leaving for the day a while back
15:21 Uttam : 11000ce OI reducing
15:22 Uttam : call writers being forced to cover?
15:22 Uttam : or booking out
15:22 Hari : Thx gaurav
15:23 Uttam : Fa in NF at lows
15:23 Uttam : so PLR to the upside
15:24 Dr Vasim null : plr?
15:24 Uttam : path of least resistance
15:24 Dr Vasim null : thanks
15:25 Jitender : bye all
15:26 Dr Vasim null : at least started to understand what you people talk yesterday was going above head
15:26 Hari : Jit, MO abv 120
15:26 Boppanna : bye and thx all
15:29 Subhodeep : byebye and have a great evening ; thank u all
15:29 TP : Bye All.
15:29 AN : Bye all.
15:30 Himanshu : bye thanks all jit uttam
15:30 Uttam : thanks All 🙂
15:30 Uttam : have a lovely evening
15:42 Rahul Desai : Bye everyone


09:21 Uttam : Shai TataSteel on for those vpocs of 537 & 545 with 515 now as support?
10:04 Subhodeep : shai please advise on sun tv swing wise and id wise cnt seem to make up my mind whether its gearing for an upmove or a break down…
10:05 MJ : @Shai REC tags 146. Thank you.
10:06 MJ : Huge usd yen correlation in that stock.
10:15 Shai : tata steel 514 is supp
10:17 Shai : suntv huge upmove can run into supply at 645-649
10:17 Shai : have my doubts whtyher swing would get past 649
10:17 Shai : Nice to know MJ on REC
10:18 Shai : let me know if you see something next time
10:18 Subhodeep : so shai wrt suntv in your optionion is there a trade positional wise?
10:19 MJ : Your 117 118 held there 🙂 Sure will keep an eye Shai.
10:21 Shai : I would see 650 calls
10:21 Shai : sell*
10:23 Subhodeep : noted shai
10:40 TP : Shai views on REKIANCE , ID.
10:40 TP : RELIANCE.
10:42 Subhodeep : shai please have a look at hindalco swing wise
10:42 Subhodeep : saw huge buying at 203204 range in futures mar
10:59 Shai : RIL intra day looks done but swing may be printing a new buy id closes here
10:59 Shai : 1267 weeklt tgt if it sustains
11:00 Shai : hindlaco yes the buyer is there
11:00 Shai : swing from 195 tgts 205
11:00 TP : Tks chief was looking 1264 id 🙂
11:00 Shai : a clsoe abv 205 would mean 216/ 225 later this month
11:01 Uttam : Shai DRL giving a fresh buy alert here so SL we can take as yPOC of?
11:27 Subhodeep : shai jub back again @1313 levels pos adn id view on it please
12:47 TP : Printed :)…(11:00) TP : Tks chief was looking 1264 id 🙂
12:47 Uttam : +1 Tej
12:48 TP : tks Uttam motabhai push was needed today 🙂
12:48 Uttam : not tracking that for now but well played 🙂
12:48 MJ : @tp rode it 🙂
12:49 TP : +1
12:53 Subhodeep : @tp re you tracking the dr reddy option wise wrt to bot reco?
12:53 TP : no didn’t take that one.
12:54 Uttam : DrReddy place your entry at right levels Subho as have noticed at times you dont have that much liquidity in it
12:54 Uttam : but if entry is right it gives you consistent return
12:54 Subhodeep : no i am just tracking it uttam
12:54 Subhodeep : seeing the option pay as tp suggested many time s
12:54 Subhodeep : play*
12:54 TP : yes Uttam drl difficult via options.
12:54 Uttam : +1 Tej
12:55 Uttam : noticed it many times
12:55 TP : best is do cash mis for intra and if moves carry option overnight.
12:55 Uttam : thanks for the input Tej, makes sense
12:56 TP : wc.
13:01 Subhodeep : thanks tej