Order Flow charts dated 8th Feb

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

30 Min Fp Nf 5 Order Flow Charts Dated 8Th Feb 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 5 Order Flow Charts Dated 8Th Feb Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:58 Vtrender Live : (08:56) Vtrender Live: options screen- https://join.me/350-689-352
(08:58) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/641797973

09:49 RK : (09:48) RK : Short BNF 50%25 at 27340 SL 27410 obj 27270

10:08 RK : (10:08) RK : move SL to 27365 and modify obj as 27290 (09:48) RK : Short BNF 50%25 at 27340 SL 27410 obj 27270

10:17 RK : (10:17) RK : make exit 27315 (10:08) RK : move SL to 27365 and modify obj as 27290 (09:48) RK : Short BNF 50%25 at 27340 SL 27410 obj 27270

10:21 RK : (10:21) RK : Long NF above 11040 for 11060 SL 11020

10:30 RK : (10:30) RK : cancel it (10:21) RK : Long NF above 11040 for 11060 SL 11020

11:01 RK : (11:01) RK : Long NF 11020 SL 11000 obj 11040

11:41 RK : (11:40) RK : keep part book at 11038 and rest at 11048 (11:01) RK : Long NF 11020 SL 11000 obj 11040

12:42 RK : (12:42) RK : stopped (11:40) RK : keep part book at 11038 and rest at 11048 (11:01) RK : Long NF 11020 SL 11000 obj 11040

13:06 RK : (13:05) RK : Long Nf 10970 SL 10950 obj 10995

13:15 RK : (13:14) RK : make exit 10978 (13:05) RK : Long Nf 10970 SL 10950 obj 10995

14:28 RK : (14:27) RK : Short NF 11030 SL 11050 obj 11005

14:30 Shai : (14:30) Shai : Positional – Buy 10900 puts at 90 sl of 66 tgt 180.

14:47 RK : (14:46) RK : Short BNF 50%25 27490 SL 27550 obj 27410

14:52 RK : (14:52) RK : Book full 11010 (14:27) RK : Short NF 11030 SL 11050 obj 11005

14:53 RK : (14:53) RK : move SL to cost and hold (14:46) RK : Short BNF 50%25 27490 SL 27550 obj 27410

14:59 RK : (14:59) RK : out at cost (14:53) RK : move SL to cost and hold (14:46) RK : Short BNF 50%25 27490 SL 27550 obj 27410


08:56 Vtrender Live : options screen- https://join.me/350-689-352
08:58 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/641797973
09:00 Shai : GM all
09:00 Manjunath : GM all 🙂
09:00 Shai : https://vtrender.in/market-profile-analysis-dated-7th-feb/
09:05 Uttam : Good Morning All 🙂
09:11 RK : GM Shai and all
09:11 Boppanna : GM all
09:12 Imran : GM everybody
09:12 TP : GM All.
09:12 Vinay : GM all…
09:13 Vinay : RK you had said fast fingers at open mostly
09:14 RK : yes Vinay
09:14 Shai : 11033 first of the ref
09:14 RK : open is way below short level now
09:14 Vinay : yes…just saw
09:16 Boppanna : BNF key here
09:16 Manjunath : TataMotors big fall
09:16 Uttam : NF seeing some covering here?
09:16 Uttam : COt is +ve
09:19 Shai : bnf opened a good 100 points below our short level yesterday near close
09:20 Shai : it wa sthere in the tape esp last 20 mins
09:20 Uttam : BNF still has reds today also Shai?
09:20 Uttam : +1 Shai
09:20 Shai : yes
09:20 Shai : 27300- 350 no trade zone of yesterday
09:22 Dr Prajwal : od??
09:23 Shai : No
09:23 Shai : on 5L won’t be
09:24 Dr Prajwal : ok shai
09:25 Shai : 11033
09:27 Shai : Keep this chart open from now on- https://mplite.vtrender.com/
09:28 Shai : 11033 is that trend day POC
09:33 Uttam : RK are you giving island reversal today?
09:33 Uttam : NF needs to get abv 11060 first
09:33 RK : yes Uttam based on IB extn
09:34 Uttam : and BNF abv that 27355-370
09:34 Uttam : +1 RK
09:34 Uttam : NF has no new selling though today
09:37 Uttam : BNF also turning positve now COT
09:38 Shai : may check 11084
09:48 RK : Short BNF 50% at 27340 SL 27410 obj 27270
09:50 Uttam : now reds in NF
09:53 Vinay : got to S
09:53 Uttam : Shai’s 11033 here
09:53 Vinay : got to Shai’s 33
09:54 Uttam : gap down and A period singles
09:54 Uttam : not looking good for bulls so far
09:54 Uttam : got rejected at pdh
09:56 Uttam : 50k green in NF at 11035
10:02 Azmath : 10990 if OTF continues
10:05 MJ : Good morning Room.
10:07 Uttam : a) NF has immediate support at 11070-60 below which it can test 11045 & 11023
10:07 Uttam : a) BNF has immediate support at 27400-370 below which it can tag that vPOC of 27330 & today’s freak low of 27300
10:08 Uttam : hypo1 done in both
10:08 Uttam : not for the next move
10:08 Uttam : now*
10:08 RK : move SL to 27365 and modify obj as 27290 (09:48) RK : Short BNF 50% at 27340 SL 27410 obj 27270
10:11 Uttam : 27300 to the dot…RM’s marker always works
10:12 MJ : Yes Uttam 🙂
10:12 MJ : Bring that feku low is what I wanted yest 🙂
10:12 MJ : Waited for a day 🙂 no harm.
10:15 Shai : break it down
10:15 Shai : let’s go lower
10:16 MJ : Computer Ji: Take it lower.
10:16 Uttam : you need to request RM Mihir for that 🙂
10:17 MJ : Pinged. 🙂
10:17 RK : make exit 27315 (10:08) RK : move SL to 27365 and modify obj as 27290 (09:48) RK : Short BNF 50% at 27340 SL 27410 obj 27270
10:17 Subhodeep : @shai does 10974 work out as an obj till then next thursday on the nf?
10:17 Subhodeep : if we dont manage to scale back up that is
10:18 MJ : Question to the room. Is it a good idea to track maxpain quite early in the series/
10:18 MJ : ?
10:19 Subhodeep : typo 10874*10:17 Subhodeep : @shai does 10974 work out as an obj till then next thursday on the nf?
10:19 Boppanna : all brokers up today I hope so can we pick up the pace of the pitch today
10:21 RK : Long NF above 11040 for 11060 SL 11020
10:23 Uttam : fight on at that 11040 RK 🙂
10:24 RK : if triggered then could be quick
10:25 Boppanna : BNF the culprit did a small peek above and snoozing here 09:20 Shai : 27300- 350 no trade zone of yesterday
10:26 Shai : yes 10854 – (10:19) Subhodeep : typo 10874*10:17 Subhodeep : @shai does 10974 work out as an obj till then next thursday on the nf?
10:26 TP : 76 point ib in bn, could be lowest in recent times.
10:27 Uttam : yesterdays was 64 Tej if we take out the freak low
10:27 Shai : But we need an auction below 11033 for that to begin and be taken in to consideration
10:27 Uttam : but yest amonth the lowest
10:27 TP : tke uttam.
10:27 Uttam : among*
10:27 Shai : else may boucne back to 11110 again
10:29 Subhodeep : was lucky enough yesterday to attend the webinar of jim dalton post his stroke the first one felt real good hearing the voice of the gentleman
10:30 MJ : C period ext.
10:30 RK : cancel it (10:21) RK : Long NF above 11040 for 11060 SL 11020
10:30 Uttam : RE downside coming
10:30 Subhodeep : 22k buyers on the pink band though uttam
10:30 Uttam : big sell orders
10:31 Uttam : NF also does hypo1 2nd tgt to the dot 😉 11022
10:31 Boppanna : On watch that 27000pe above 100 weekly
10:31 Uttam : 11006 next in NF
10:31 Shai : I’m eyeing that profile of 04/02
10:31 Uttam : BNF still adamant
10:32 MJ : PWH high getting buy.
10:32 Shai : It is watery thin and if we get into it would mean an even better weekend 😉
10:32 MJ : All the weekly chartwallahs buying there.
10:32 Shai : in BNF that is
10:32 Shai : nice reds below POC of trend day in NF
10:33 RK : excess of yday doing RE down on daily profiles
10:33 RK : in both
10:34 Uttam : now BNF breaks
10:37 RK : market giving me hint to play safe by saving that long by 10 paisa 🙂
10:37 Subhodeep : +1 rk
10:38 Subhodeep : whats RE rk get caught up with the lingos
10:38 RK : range extn
10:38 Subhodeep : noted
10:38 MJ : 11124 sL still intact Shai 🙂
10:39 MJ : Nice one there.
10:39 Uttam : 1.5 IB done in NF
10:39 RK : BNF tempo lacking imo
10:39 MJ : 11011.
10:39 RK : on downside
10:40 Uttam : yes RK it should have been faster than NF?
10:40 Uttam : 11010
10:40 MJ : Okay now stop nf. 🙂
10:40 RK : that 320 break could have easily got below 300..and even below 300 its reluctant
10:40 MJ : For sometime.
10:41 Uttam : in fact BNF had reds at open too today
10:41 MJ : Uttam add up lows.
10:42 Uttam : C side extension in both so now D or E has to make lower low to confrim the trend
10:47 Amit : MJ, what is the concept of adding lows, can you please explain.
10:49 Pradeep : Hi Team. I am pradeep. I unale to decipher the value in white colour above each candle bar. highly appreciate if some one explains me how it calculated and what is its significance
10:49 Pradeep : i have joined the forum 2 days ago
10:49 Kathir : GM shai all
10:50 Uttam : hi Pradeep, welcome to VT
10:50 Pradeep : Hi Uttam
10:50 Uttam : have you gone through the links given in the welcome mail ?
10:50 Uttam : the white number on top isteh delta of that bar
10:50 Pradeep : yes. i could understand the fow order, foot prints etc
10:51 Pradeep : the one in blue is the net buy/sell quantity
10:51 Uttam : blue is the COT (aggressive buyers minus teh aggressive sellers)
10:51 Pradeep : o
10:52 Pradeep : ok
10:52 Uttam : NF fighitng to get back above 11023
10:52 Pradeep : could you explain wha is the delta and its significance
10:53 Pradeep : i serched in google and they give the value as the one you xlained for COT
10:53 Uttam : will call you post market today to clear your queries & we now watch COT as thats more effective than delta
10:53 Pradeep : explained*
10:53 Pradeep : ok
10:53 Pradeep : thanku
10:53 Uttam : delta is the net buying minus selling
10:53 Uttam : COT is the bigger orders
10:53 Pradeep : ok
10:53 Uttam : so COt shows more effectively what the big players are doing
10:54 Pradeep : ok. thanks Uttam,. we will discuss after market
10:55 Uttam : D not extending lower
10:56 Uttam : lets see if it close above IBL
10:56 Shubro : RK what factors will you look at to check if D acceptance in IB for NF to take a long position?
10:57 Shubro : or further confirmation?
11:00 Shubro : Uttam also other day mentioned if spending a long time say 2 TPO’s below IB is that a good indicaiton of shorts?
11:01 RK : Long NF 11020 SL 11000 obj 11040
11:02 Uttam : will someone remind BNF that all events are over 😉
11:02 Uttam : looks like its still in pre-RBI policy mode
11:03 Kathir : 🙂 may be rbi didnt give them what they expected
11:04 Kathir : AJ should appear on TV uttam
11:04 Uttam : yes looks like its missing him
11:08 Hari : RK, NF intra support zone pls
11:09 RK : 11005/10985
11:10 Hari : Thank you so much RK
11:10 Miyajan : this is the first test of the BO zone,should give a bounce
11:11 Miyajan : careful observation of OF called for for signs of long support
11:12 Hari : Shai, can you please shrink the NF profile charts or move up a bit, if possible, just to get a view of 5/2 day, though for few mins
11:14 Uttam : you can find those charts here Hari https://vtrender.in/market-profile-charts-dated-5th-feb/
11:14 Hari : Thank you so much Uttam
11:14 Uttam : 🙂 we have all charts both profile & OF posted on the website everyday
11:15 Subhodeep : miya jan only one call and the buls came running to support 🙂 or we shall call them again ??
11:15 Hari : Sure, I am just catching up with good ols times
11:15 Uttam : plus now we have our own MP charts whcih are live
11:15 Uttam : https://mplite.vtrender.com/
11:16 Hari : cool, who created it? Nice thought
11:17 Uttam : its done by our own Suyog with inputs from Shai & Mihir
11:17 Hari : You guys rock 🙂
11:21 Uttam : D making an inside bar & E needs to confrim the next move
11:23 Uttam : sellers doing a bad job today
11:23 Boppanna : Tried to cross and failed on first attempt ..10:31 Boppanna : On watch that 27000pe above 100 weekly
11:26 Uttam : a rejection at 11045 will be a nice short and could trigger a good move lower looks like
11:26 Uttam : greens in NF here
11:26 Uttam : 13800
11:26 Uttam : that 14k stuck red getting out?
11:32 Boppanna : RK so would you say the 13k is a later buyer there at 11035?
11:33 RK : possible bop
11:33 RK : looks like its stops of prev shorts than new long
11:34 Subhodeep : my query ishow do we decipher a fresh buyer or a person who is covering his shorts rk bop uttam inputs please
11:34 RK : follow through with price related to OF size
11:35 RK : like 15-20K in NF is good size and price exhausting after such no means quite possible stops
11:35 Subhodeep : ok
11:35 RK : you can sense the momentum if thats buyer
11:35 Uttam : yes COT was 28K there but price still stalling
11:35 Uttam : whihc means could be shorts getting out rather than initiative buying here at vwap
11:36 Subhodeep : thanks uttam
11:36 Subhodeep : thanks rk
11:36 Miyajan : reading OF is more of an art than science IMO,a lot of experience of tape reading hones the skill
11:36 RK : he could have waited for couple of points 🙂
11:36 RK : yes Miyajan
11:37 Uttam : the more you watch & observe the better you get
11:37 Subhodeep : true miyajan
11:38 RK : for observation part thats ok..but if you want to know logic behind every OF tick then it may drain you..best way is to use them with context
11:38 Uttam : +1 RK
11:40 RK : keep part book at 11038 and rest at 11048 (11:01) RK : Long NF 11020 SL 11000 obj 11040
11:42 Boppanna : +1 RK..Asked the question bcos I partbooked at 33 as a down day so grab what I can contra and then was cursing myself when I saw the green 11:38 RK : for observation part thats ok..but if you want to know logic behind every OF tick then it may drain you..best way is to use them with context
11:43 RK : you did the right thing Bop
11:46 Boppanna : Shai still valid? 10:31 Shai : I’m eyeing that profile of 04/02
11:47 Hari : RK, NF a potential b today
11:48 RK : no b in sight..rotational profile sofar
11:48 RK : if accepts 11035 then could test dVAH
11:49 RK : 11050-55 and can give us lower value bell
11:49 RK : no move above 11035 means test of 11015 and can try to extend lower
11:54 Shai : yes – (11:46) Boppanna : Shai still valid? 10:31 Shai : I’m eyeing that profile of 04/02
11:54 Shai : extension will confir,
11:55 RK : early shorts doing poor job..so one move up and then down could extend lows imo..
11:58 Hari : but RK isn’t the NF gap holding until now and holding till 12.30 is a confirmation to drop by another 80 points?
11:58 RK : Hari trend wise yes..but timing am talking about
11:59 Hari : ah ok, I am just loving the interaction with you and Uttam in the room, there is so much knowledge being disseminated that are priceless, learning so much here
12:00 RK : cheers 🙂
12:01 Vinay : RK 20 was a superb entry point…keeps coming to 21-23 and bouncing back…
12:01 RK : now dont jinx it pls 🙂
12:02 Vinay : ooh man 🙁
12:02 RK : break of 20 it goes to drain
12:02 RK : btw is this same Vinay from Twitter?
12:02 Vinay : yes..RK.. @vinayraj63 on twitter
12:03 RK : oh ok..I meant another Vinay from Twitter..CA
12:03 RK : anyway glad to know
12:03 Vinay : no no..i dont post about markets at all on twitter…mostly about diabetes and obesity
12:04 RK : ok
12:04 Kathir : test
12:06 Hari : Shai, RK, any reason why BNF volumes are going down the drain for the last 1-2 weeks>
12:06 RK : even Nf same case
12:07 Kathir : from when nf weekly starts ?
12:07 RK : except last couple of days
12:07 Hari : Could that be becos of margin increase
12:07 RK : possible
12:07 RK : 11th Feb Kathir
12:07 Uttam : Monday Kathir
12:07 Hari : me thinks liquidity drying up as market moves up, quite omnious sign
12:07 Kathir : ok..waiing waiting..
12:09 Subhodeep : vinay there must be no nails left with nifty hoverig at 11021 and the jinx phenomenon:)
12:14 Boppanna : G starts
12:16 Azmath : PUts getting closed below 11K
12:24 Subhodeep : some one has to do a good job now
12:34 Boppanna : Shai morning shorts getting out in BNF?
12:36 RK : when we had BNF shorts in the morning NF made a quick down and BNF stalled and now vice versa #irony
12:36 Hari : BNF is a good short at IBH wil sl 420
12:38 Hari : can drop big by close
12:39 Subhodeep : levels ont he down side rk?
12:40 Subhodeep : we shall look to take out the 6/2 structure quite comfortably ?
12:42 RK : stopped (11:40) RK : keep part book at 11038 and rest at 11048 (11:01) RK : Long NF 11020 SL 11000 obj 11040
12:49 Hari : BNf is wierd
12:50 Subhodeep : uttam volumes wise we are still dismal right ?
12:53 RK : yes vols are less
12:54 Subhodeep : these two months that i have been here i have 4 thrilling sessions with volumes other than that everyday it ahs been a case of dismal volumes
12:54 Boppanna : Its been quite a few days since we had a dump in BNF
12:55 Uttam : BNF confirmin a FA at top
12:55 Pradeep : 1.5L buy in Nifty F
12:55 Boppanna : Come on push
12:55 Azmath : Done Finally 10:02 Azmath : 10990 if OTF continues
12:55 Uttam : c) NF gets weak below 11023 for a move to 11006 & 10985-970
12:55 Uttam : 10985 done
12:56 Shai : That is stops in that order
12:56 Shai : Not a LLT
12:56 Shai : that 150k
12:56 Pradeep : Shai, what could be a reasonable volume to be considered as LLT
12:56 Subhodeep : so we open up for the morning commentary shai ?
12:57 Boppanna : Nice one Azmath
12:57 Shai : LLT is single size
12:57 Azmath : Thanks Bop
12:57 Subhodeep : azmath +1
12:57 Shai : +1 Azmath
12:57 Himanshu : plus no spurt up in price (12:57) Shai : LLT is single size
12:58 Shai : 11002 now SL for this move
12:58 Azmath : _/\_
12:58 Shai : 11003 for close
12:58 Shai : 10950 visisble
12:58 Uttam : 11100pe going for that vpoc of 230
12:58 Hari : yes 10940 11:58 Hari : but RK isn’t the NF gap holding until now and holding till 12.30 is a confirmation to drop by another 80 points?
12:59 Uttam : was a good buy above 150 at open today with SL below 144 yesterdays poc
12:59 Uttam : only thing was made a gap up
12:59 Boppanna : +1 Hari
12:59 Pradeep : Shai, could you plz explain what yu exactly meant by singlw size?
12:59 Uttam : MP works equally well in options charts Shai
13:00 Uttam : (11:26) Uttam : a rejection at 11045 will be a nice short and could trigger a good move lower looks like…NF did not tag 11045 but got rejected at vwap first & then rejected at 11023
13:00 Hari : that FIIs long for last 2 days was a perfect trap for public 🙂
13:00 Uttam : small nuances which give good intraday entry
13:01 Uttam : E period hgih at vwap
13:01 Himanshu : hari u mean numbers were fudged ?(13:00) Hari : that FIIs long for last 2 days was a perfect trap for public
13:01 Uttam : G period hihg at 11023
13:01 Hari : no Himanshu, they were hedged
13:01 Himanshu : ohh okk
13:01 Uttam : (12:55) Uttam : c) NF gets weak below 11023 for a move to 11006 & 10985-970….second tgt of 10970 also almost tagged
13:02 Himanshu : rk shai …? trend day on?
13:02 Pradeep : i quit my Nifty Short looking at that 150K.
13:02 RK : Himanshu DD as of now
13:03 Uttam : @Pradeep whenever you see a big number look at what kind of follow up you get
13:03 Himanshu : okk
13:03 Subhodeep : shai giveus an obj fo rshrts id wise on nf please
13:03 Uttam : first reference to eatch would be the highs of that 5min bar where the number comes
13:04 Pradeep : ok
13:04 Subhodeep : 10953 for the one whos inot egreedy ?
13:04 Uttam : 10950 is vpoc
13:04 Shai : getting there – (12:58) Shai : 10950 visisble
13:04 TP : NF day range more than Bnf.
13:04 Uttam : e) Below 10970, NF can move lower to 10950-939 & 10901
13:05 Shai : you shoukdn’t – I’ve explained so many times here. 0’s on screen are a liquidity issue and trigger stops – (13:02) Pradeep : i quit my Nifty Short looking at that 150K.
13:05 RK : Long Nf 10970 SL 10950 obj 10995
13:05 Shai : please follow the convo and ask if not certain
13:06 Shai : (12:56) Shai : That is stops in that order(12:56) Shai : Not a LLT(12:56) Shai : that 150k
13:09 Hari : Shai, a basic q, that 150k is a buyer or seller covering, if it was a buyer then was that a limit order buy, I am bit confused
13:09 Pradeep : Shai, can i assume that 150K might be due to the stop loss being hit
13:09 Pradeep : these charts are very new to me
13:11 Pradeep : got it
13:11 Subhodeep : i think shai you need to help us udnerstand concepts of latent orders ..readthru a bit and allwhizzed passed in tangents
13:11 Subhodeep : 🙂
13:13 Sandeep : What does this off yellow shade in candle stick chart(last one) refers to ?
13:14 RK : make exit 10988 (13:05) RK : Long Nf 10970 SL 10950 obj 10995
13:14 Uttam : RK NF does 2 IB plus prev day range and lot of time left that is why the long?
13:14 RK : *10978
13:14 Shai : stops triggered – came on buy side- (13:09) Hari : Shai, a basic q, that 150k is a buyer or seller covering, if it was a buyer then was that a limit order buy, I am bit confused
13:14 RK : make exit 10978 (13:05) RK : Long Nf 10970 SL 10950 obj 10995
13:15 Shai : LLT is an instituation and he comes in one big sharp move
13:15 Shai : institution
13:15 Shai : when LLT comes he absorbs all the orders
13:15 Himanshu : and price also jumps up shai ?(13:15) Shai : LLT is an instituation and he comes in one big sharp move
13:15 RK : Uttam gap filled and H is too short..so just trying for rotation up to get DD or reversal up to test extn
13:15 Uttam : thanks RK
13:15 Shai : but when stops trigger they create a movement at one level which is consolidated orders of all the top 10- 15 levels
13:16 Shai : see the 0’s are over 10 point levels
13:16 Shai : Hope I am clear
13:16 Shai : on the outwards it looks the same
13:16 Shai : But I want you guys to know the difference and how these orders form
13:17 Uttam : +1 Shai
13:17 Pradeep : got it
13:17 Subhodeep : more observations needed befre things beocme more clear got the crux though thnx shai
13:17 Uttam : NF going for that ext handle
13:18 Uttam : and RKs tgt of 10995
13:18 Shai : that’s an anomaly
13:18 Shai : niot ext hanlde
13:18 Shai : not ext handle
13:18 Himanshu : whats difference shai?
13:18 Shai : orderflow
13:18 Shai : it showed the lack of liquidity
13:19 Hari : Shai, if the stops trigger in fall, then it should be a seller right, for example some bought at the top and exited at bottom?
13:19 Shai : and hence MP shows it anomaly which is liiquid structure
13:19 Himanshu : shai need a short write up please may be after mkt (13:19) Shai : and hence MP shows it anomaly which is liiquid structure
13:20 Uttam : +1 Shai
13:20 Uttam : that 10995 tagged
13:21 Uttam : gren band
13:21 Uttam : stops getting hit?
13:22 Shai : 11003 sl for shorts
13:22 Uttam : 11023 coming above it Shai?
13:22 Uttam : dPOC now
13:22 Shai : BNF was unmoved through that fall
13:22 Boppanna : Meanwhile BNF doing a sneak up
13:23 Subhodeep : 13:04 Uttam : e) Below 10970, NF can move lower to 10950-939 & 10901; this stands invalidated uttam now id wise?
13:23 Subhodeep : +1 bop corutesy hdfc bank
13:25 Uttam : @Subho once one hypo is completed we can get a bounce & the next hypo is triggered on next move, very rarely you will get 2 bearish hypos giving immediate targets
13:25 Hari : BNF abv Ib and NF below IB, wtf
13:25 Uttam : so below 11023 we did 11006 & 10985-970
13:25 Subhodeep : hmmm
13:25 Uttam : plus also did 2 IB down for the day
13:25 Uttam : unless we have a trend day down wehre we are trending lower
13:26 Uttam : keep booking and look to re-enter
13:26 Subhodeep : this also a hypo ? just fr my understandng13:22 Uttam : 11023 coming above it Shai?
13:26 Shai : 10950 view
13:26 Uttam : this is 45 degree rule
13:26 Shai : sl is 11004
13:27 Uttam : ig gets above 11004 then can tag dPOC
13:27 Uttam : if*
13:29 Subhodeep : my humble view is sometime too much flood of data gets me confused, probably i have to become better but isnt it better to build a bridge when it gets there; just my view,
13:29 Subhodeep : overwhelming to proces so much ; please dont get me wrong
13:30 Uttam : you need to be ready with the levels Subho so that when we get there you can watch OF and take action accordingly
13:30 TP : Any IT guys in the room , have some software queries . Will ask on slack.
13:31 Uttam : plus the hypos are given for the next day in general keeping in mind 1 ATR on both sides
13:31 Jayesh : I am here Tej…
13:32 Uttam : but as the day unfolds you need to make new provisions too
13:32 TP : Tks Jayesh , wil dm you on slack
13:32 Jayesh : welcome
13:36 Uttam : NF boom
13:36 Shai : stopped
13:36 Shai : created another liquidity issue at 10995
13:36 Shai : can swing up now
13:37 Uttam : FIIs playing with the retail?
13:38 Uttam : (13:22) Uttam : 11023 coming above it Shai?(13:22) Uttam : dPOC now
13:38 Uttam : BNF moving
13:41 Aman : shai what is the significance of liquidity issue?
13:42 Aman : will it be visited again same day?
13:42 Boppanna : 520 anyone BNF?
13:43 Shai : short term intra day SL
13:43 Uttam : 11023 done in NF
13:43 Shai : now we disd reverse at 10995F
13:44 Jayesh : yes Bops
13:44 Uttam : BNF for 27510 & above it 27580
13:44 Shai : 11055 possible
13:44 TP : nf almost does 3ib down and now bnf going for 3 ib upside.
13:44 Uttam : ledge at lows in BNF Tej which meant was not going lower
13:45 TP : +1
13:45 Uttam : (13:37) Uttam : FIIs playing with the retail?
13:45 Uttam : they get into longs and then keep creating these dips so that weak longs are pushed out?
13:46 Uttam : Shai 27390 in BNF is ext handle as no liquidity issue there?
13:46 Shai : yes
13:46 Uttam : nice green bands there so initiative activity
13:46 Uttam : +1
13:46 Shai : OTF is ext handle
13:47 Uttam : yes Shai perfect
13:47 Uttam : no wonder that NF anomaly was tagged so quick
13:47 Uttam : it an OTF made an ext handle you will expect them to defend it
13:47 Uttam : if*
13:49 Subhodeep : shai when liquidity issues arise is it common to revisit those levels in the near future?
13:53 Boppanna : I was all biased for a dump to 27100 atleast in BNF today morning but when it failed there was apprehensive and in that slide in NF BNF seemed not to care as well pulled out of intra shorts after multiple dump prayers failing 11:23 Boppanna : Tried to cross and failed on first attempt ..10:31 Boppanna : On watch that 27000pe above 100 weekly
13:54 Uttam : NF high in this bounce so far 11042
13:54 Uttam : +1 Bops
13:54 Uttam : from failed moves you get fast moves Shai keeps telling us
13:54 Hari : fryday….
13:54 Uttam : but both getting fried here Hari 🙂
13:55 Uttam : 11044.8 NF high so far
13:57 Hari : fortunately i covered my swing shorts 1 hr back and no trades today Uttam
13:57 KK : logiical is 11064
13:59 Hari : may be typical of baby bears move 🙂
14:03 RK : ok back..seems all the drama in last 1 hr
14:04 KK : @Uttam, no FA at NF lows ?
14:04 RK : had to go out
14:07 Boppanna : yep RK
14:07 RK : BNF unshaken today
14:07 RK : right frm morning
14:07 Shubro : stoic is the word
14:08 Jayesh : Done Bops…congrats (13:42) Boppanna : 520 anyone BNF?
14:09 Boppanna : +1
14:11 Shai : yes BNF very diff auction today
14:11 Uttam : no KK we have stayed below IBL for most part of first half
14:11 Aman : shai,what is the significance of liquidity issue?
14:11 Boppanna : 27200pe 80 on watch till end of day
14:12 Shai : Aman it is for short term trading and fast moves
14:13 Shai : we noted two today at 10992- 11003
14:13 Shai : one down and second up
14:13 Shai : generally a precursor to the market moving big
14:15 Aman : how to trade it?
14:15 Vinay : Shai how does one understand if price revisits either again
14:17 Shai : Go long above it and short bnelow it
14:17 Shai : can give 25- 40 easy
14:18 Shai : (13:36) Shai : created another liquidity issue at 10995(13:36) Shai : can swing up now(13:44) Shai : 11055 possible
14:18 Shai : went to 11044
14:19 Shai : Just an orderrflow trading strategy for quick fast trades
14:19 Shai : same spot was short earlier
14:20 Shai : (12:58) Shai : 11002 now SL for this move(12:58) Shai : 10950 visisble
14:20 Shai : that one fell short by 13
14:20 Shubro : RK island reversal?
14:20 Shubro : NF
14:20 RK : getting ready for sm big move for sure
14:21 RK : such day open gates for large leg
14:27 Hari : IBl and VAH getting aligned in NF Uttam?
14:27 RK : Short NF 11030 SL 11050 obj 11005
14:30 Shai : Positional – Buy 10900 puts at 90 sl of 66 tgt 180.
14:43 Hari : Shai, target of this option 180 equals 10850 zone?
14:43 Shai : yes
14:44 Shai : looking fo that vpoc
14:44 Gaurav : FA at 10830
14:44 Gaurav : Suyogs OTM at 10700-750, we haven’t tageed that even once this series
14:45 Shai : that tag is genrraly later in series
14:45 Hari : @gaurav I understand that is it a bit dynamic, please correct me
14:46 Shai : yeah based on open interest of the option chain
14:46 RK : Short BNF 50% 27490 SL 27550 obj 27410
14:47 Gaurav : theory wise it is the level where option writers are at max profit, and consider ing them smartest of the lot
14:47 Shai : RK going for POC today only?
14:47 Shai : dpoc
14:48 RK : probe to K lows Shai
14:49 Gaurav : @Hari, its basically weighted average (OI) of call strike+premium and Put strikte-Premium
14:49 Gaurav : works nicely, have been following that since suyog first shared it
14:51 Uttam : BNF looks like just filled up ysterday’s profile
14:51 Uttam : making it a smoother bell
14:52 RK : Book full 11010 (14:27) RK : Short NF 11030 SL 11050 obj 11005
14:52 Uttam : +1 RK
14:52 Shai : +1
14:52 Boppanna : +1
14:53 Sandeep : Gaurav where I can find this information ? Do we manually calculate or an excel out that there that can be used ?
14:53 RK : move SL to cost and hold (14:46) RK : Short BNF 50% 27490 SL 27550 obj 27410
14:54 Gaurav : there everyday in oi-data channel
14:55 RK : 450 break gives quick 30 dump
14:56 Subhodeep : @rk have some queries on mprof sahll dm you on slak if it s not a prob
14:56 RK : sure
14:56 Subhodeep : we shall keep this altest instance of reco of shorting the nf in mind , i shall quote this reference
14:57 Sandeep : Uttam, I do not see Oi-data channel in slack. Is this access issue or something else ?
14:57 Uttam : there is a seperate channle for that Sandepp
14:57 Uttam : Sandeep*
14:58 Sandeep : Great thanks Gaurav for the lcoation
14:58 Uttam : https://vtrender.slack.com/messages/CDKUURV62
14:59 Sandeep : Thanks Uttam got it.
14:59 RK : out at cost (14:53) RK : move SL to cost and hold (14:46) RK : Short BNF 50% 27490 SL 27550 obj 27410
15:01 RK : dump
15:01 RK : coming
15:02 RK : tight SL 🙂
15:02 RK : 410
15:02 TP : RK you should change your font to black , bots tracking you aggressivley 😉
15:02 RK : here
15:03 RK : I didnt want to drag risk today Tej 🙂
15:03 Hari : RK 🙁
15:03 Boppanna : 3:00 exit always a 50/50
15:03 RK : Hari its ok..that was anyway bonus trade if clicked
15:03 TP : but all in all amazing levels again +100
15:04 Hari : you were spot on with that RK, no offence
15:04 TP : bn extension also gone.
15:04 Boppanna : BNF waking up now
15:04 Subhodeep : we are seeing that liquidity issue evel revisited ?
15:04 Uttam : yes RK +100
15:04 Hari : 10940..
15:05 Uttam : 10950 vpoc coming today?
15:05 RK : 450 was about to crack..it was written all over there
15:05 Subhodeep : and now seems no buyers to hold the fall on a fry day
15:05 Miyajan : BO failed,now objective other end of the composite RK
15:05 RK : 10830/10700
15:05 RK : if we get another low value tmw Miyajan
15:05 Uttam : Island reversal conirmed RK
15:05 Uttam : ?
15:06 RK : as of now yes Uttam
15:06 Uttam : carry shorts or book out at close?
15:06 Shai : Here now- (14:47) Shai : RK going for POC today only?
15:06 RK : Shai brought this to dPOC itself 🙂
15:06 Shai : 🙂
15:06 Uttam : 🙂
15:06 Boppanna : Just one touch 14:11 Boppanna : 27200pe 80 on watch till end of day
15:06 RK : 🙂
15:06 Miyajan : looks very likelyRK : if we get another low value tmw Miyajan
15:06 Shai : sucketr move off local balance
15:06 RK : 10900 PE was awesome Shai
15:06 Shai : question was today or monday
15:06 Uttam : yes Shai +1
15:06 Miyajan : perfect timing Shai
15:07 Boppanna : 350-300 comeon
15:07 Uttam : -83K COT
15:07 RK : BNF 3IB upside and NF downside..great day to rip everyone
15:08 RK : NF just 3 points away from 3IB at lows
15:08 Jayesh : Thanks Bops…(15:06) Boppanna : Just one touch 14:11 Boppanna : 27200pe 80 on watch till end of day
15:09 RK : Bop 27225?
15:09 RK : can you get it?
15:10 RK : reds below 330 means it could drop heavy into close
15:11 TP : upstox gone again , orders pending.
15:11 Subhodeep : even edelweiss
15:11 Subhodeep : been off for the last 30 mins
15:11 RK : vol NF picked up 2x in last 2 hrs
15:11 Manjunath : Congrats RK & Shai
15:11 Rajesh : why im not able to see in buyers and sellers in orderflow
15:11 RK : Rajesh quick wide bars means charts need adjustment
15:12 Rajesh : hello RK i joined today
15:12 Uttam : 10950 here 🙂
15:13 Subhodeep : @shai should we book out of a few pes?
15:13 Shai : fryday move
15:13 Subhodeep : or trial them ?
15:13 Subhodeep : trail*
15:13 RK : hold shorts
15:13 Subhodeep : oki
15:13 Boppanna : If 27200 can push 150 15:09 RK : Bop 27225?
15:13 Boppanna : pe
15:14 Uttam : @Hari your 10940 here man +100
15:14 Hari : ufff 15:04 Hari : 10940..
15:15 Shai : nice sell side COT alst 20 mins
15:15 Uttam : yes Shai
15:15 Uttam : e) Below 10970, NF can move lower to 10950-939 & 10901
15:15 Manjunath : Congrats Uttam
15:15 Shai : pe could close 134 plus
15:15 RK : give me that 50 point jump in BNF
15:16 Imran null : Shai I need to login at my office
15:16 RK : here it it
15:16 Manjunath : Let’s take it all the way to 10700 next week
15:16 RK : is
15:16 Subhodeep : makes sense to book out of a few pes shai ?
15:16 Manjunath : with a gap down on Monday
15:16 Imran null : r v squaring any positional shorts
15:16 RK : folks Shai will update..pls wait
15:16 Shai : what does the market know about Monday? 🙂
15:16 Manjunath : 🙂
15:16 Uttam : big gap down coming Shai?
15:17 Hari : NF can give a bounce here
15:17 RK : classic excess and extn and whip day Uttam..higher chance for good follow through downside
15:17 Boppanna : out RK
15:17 Hari : on monday
15:17 RK : Nice Bop
15:18 Imran null : plz reply
15:18 RK : 256 mine didnt get a fill
15:18 Uttam : yes RK, asked you at open itself if you giving island reversal & you did it
15:18 Shai : we are carrying
15:19 Subhodeep : noted shai
15:19 Imran null : thanks Shai
15:20 Uttam : Kudos Shai, you said this at close yesterday that Neutral Day means one camp handing over the baton to the other one
15:20 Shai : +1
15:20 Shai : always in the next day profile
15:20 Manjunath : Right Uttam…for both island reversal and handing over the baton
15:20 Uttam : yes chief….
15:22 Uttam : 3IB down so can look to book shorts as IB gets over on Monday RK?
15:22 Shai : gap down on Monday will be good
15:22 Uttam : some greens here in NF
15:22 Uttam : but could be booking?
15:22 Subhodeep : but shai probability of a gap down aftera 3ib ?
15:23 Uttam : you get a follow thru Subho
15:23 Uttam : 3IB play comes only after IB
15:23 Uttam : next day
15:23 Subhodeep : thanks uttam
15:23 Subhodeep : crryint it then
15:23 Shai : structure
15:23 Hari : ppl rushing to buy puts
15:23 Shai : guys who scremed break out break out are trapped 🙂
15:24 Subhodeep : thanks for the one word answer shai 🙂
15:24 Subhodeep : structure says it all
15:24 Uttam : 10960 spike hgih forst ref for Monday open
15:24 Uttam : 10963 actually
15:24 RK : gap down less chance imo..
15:25 Aman : 00
15:25 RK : or a huge crack straight to 10830 🙂
15:25 RK : BNF b profile not leaving down
15:26 Uttam : gap down below in that possible RK?
15:26 RK : if we open and sustain below this b then quite a big leg starts down
15:26 Uttam : 26960 on Monday coming there looks like
15:27 Hari : BNF is still wierd
15:27 RK : HAri they had index posn in NF only last few days FIIs not in BNF
15:27 RK : smthing to do with this weirdness
15:27 Boppanna : Shai BNF target for the positional?
15:27 Hari : I am a bit crazy, but BNF want to run up
15:28 RK : but swing posn wise worth a carry Hari on this close after such a day
15:28 Shai : 26973F
15:28 Hari : Yes RK, agree with you 100%
15:29 RK : whip days close is imp
15:29 TP : Bye All.
15:29 Shai : Bye all
15:29 Shai : Have a nice weekend
15:29 Shai : Catch up Monday
15:29 Uttam : thanks All 🙂 have a lovely weekend
15:29 Kathir : thanks and bye all. happy weekend
15:31 Subhodeep : thanks everyone and to all have a great weekend


09:35 TP : TAMO nice bounce back from lows but no bot alerts about any PDD.
09:36 Uttam : TAMO is a good positional bet here Shai? or better to wait for close?
10:08 Shai : 142 a supp zone
10:08 Shai : but shorts will still bve incontrol below 169
10:08 Shai : SC only if 169 is crossed
10:13 MJ : Chief can you review britannia for medium term period? Thanks.
10:16 Uttam : thanks Shai
10:53 TP : Uttam did 160 pe from 11 to 16.5 holding some …..(09:35) TP : TAMO nice bounce back from lows but no bot alerts about any PDD.
10:54 Uttam : cool Tej 🙂 congrats
10:55 Uttam : lets see if it tags 142 & what it does there
10:55 TP : tks
10:55 Uttam : looking for a positional entry in it if that holds
11:39 Shai : britannia approaching major supp at 3094
11:39 Shai : shoukd bouce from here
11:39 Shai : seller sits at 3225
11:41 Subhodeep : shai sun tv results today anything exceptional that you notice id wise ?
11:41 TP : Shai views on TECHM , id.
11:56 Shai : sun signs of shorts lifting
11:56 Shai : technical move back into multi day bracket wiuth supp at 512
11:56 Shai : 528 cross can give 540 intra
11:57 Shai : tech M profit booking seen
11:57 Shai : can do 800 intra
11:59 TP : tks chief
12:04 Subhodeep : ty vm shai