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.
Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of Order Flow trading.
NF
BNF
Room Chat
09:28 Shai : (09:28) Shai : Update – exit the NF at 11696 cmp
09:59 Shai : (09:58) Shai : Intra – Buy BNF 31140 sl of 31035 tg 31300
10:36 Shai : (10:36) Shai : BNF stopped. Make exits
11:28 Shai : (11:27) Shai : Intra – Buy 30700 put at 176 dl of 101 tgt 300.
14:00 Shai : (14:00) Shai : 30700 put at 212-214. Book half here and ride some at cost
14:17 Shai : (14:17) Shai : tgt revised upwards in PE to 324/ 385
14:19 Shai : Sell BNF 30648 sl of 30776 tgt 30440/ 30278
14:30 Shai : (14:30) Shai : Hold the BNF woth SL abv 30799 till 3.15 pm
14:37 Shai : (14:37) Shai : exit the 30700 PE at 198 cmp
15:09 Shai : Close the BNF at cost 30670 near cost here. running out of time for intra
09:01 Shai : GM all
09:02 Sujeet : gm
09:03 Shai : https://vtrender.in/weekly-charts-1st-july-to-5th-july-and-market-profile-analysis/
09:03 Uttam : Good Morning All 🙂
09:03 Shai : https://vtrender.in/market-profile-analysis-dated-5th-july/
09:03 Sujeet : Can’t see Day COT fr nifty
09:03 Vishal : Good Morning
09:04 Sujeet : yes visible now
09:05 Shibu null : GM all
09:05 Shai : This morning the NF is expected to open gap down against a long position we carried omn friday. For the gap down, we follow the 5 minute rule of the open
09:05 Himanshu : Chief – Uttam Good Morning
09:05 Suren : GM All
09:06 Himanshu : Pls throw light on 5 mt rule
09:06 Suren : What is the 5-min rule Shai
09:06 Kiran : So if 5 min low is held we keep it open ? Am i correct NF BTST
09:06 Shai : watch the highs and lows of the first 5 minutes to take action on existing trades
09:07 Sujeet : ORR shd cnfirm the COT
09:07 Himanshu : So if first 5 Mt low is held we can keep trade opn
09:07 Shai : yes
09:07 Himanshu : Thx chief
09:08 Thanika : GM all
09:08 Shai : second supp lower belwo 11777 is near 11725F
09:08 Shai : ability of the open to stay above or below 11808 F today decides the close
09:09 Suren : Thx Shai
09:10 Anubhav null : can ve average existing longs?
09:11 Bhupinder : Good Morning
09:11 TP : GM All.
09:15 Shai : open has gone to second supp at 11725
09:15 Sujeet : 1lkh cot n 1 min
09:15 Sujeet : huge
09:19 Boppanna : PWL BNF on watch
09:20 Sujeet : falling hard
09:20 Mohammed : pwl?
09:20 Shai : Update – Hold the NF longs with SL of 11696F
09:21 Boppanna : Previous Week Low
09:21 Shai : will exit on higher prices
09:21 Mohammed : thnks
09:21 Uttam : 11800pe writers caught on the wrong side
09:22 Himanshu : Chief can we enter fresh longs
09:22 Shai : no
09:22 Himanshu : k
09:22 Uttam : had entered 11800 combo at 133 at close on Friday…145 now and will hold it till expiry
09:22 Shai : 11775 may resist
09:23 Uttam : 15L vols in NF
09:24 Shai : some one sold cash basket at open
09:24 Shai : 11740 and abv is 0’s
09:25 Rushabh : shai buyers here in NF?
09:25 Rushabh : fresh
09:27 Sujeet : lot of 0000 abve tough to cross
09:28 Shai : Update – exit the NF at 11696 cmp
09:28 Uttam : Drive down plus a gap down
09:30 Anubhav null : 11600 final support
09:30 Shai : 11700- 11725F was JUNE POC
09:30 Shai : not expected to break it so easily
09:30 Shai : drive down4
09:30 Uttam : 11590 can come htis week
09:31 Shai : sellers in control below 11725 and 11777 F now
09:31 Uttam : below it 11396
09:33 Anubhav null : composite low if taken we can fill that gap
09:33 Anubhav null : of exit polls
09:33 Rohit : Gm all
09:34 Surinder Sihag : gm all
09:35 Surinder Sihag : this is myy first daty
09:35 Surinder Sihag : kindlyt let me know how to trade
09:36 Uttam : welcome Surinder, have you been able to go throug the links given in the wlecome mail?
09:36 Surinder Sihag : yyes
09:36 Surinder Sihag : but not complrtly understand
09:36 Sandy77 : So what’s the interpretation of the “smart COT” being hugely +ve on Friday ?
09:37 Uttam : then better you observe the charts in the room & the disucssion we have during the market this week
09:37 Surinder Sihag : ok
09:37 Uttam : watch the OF video again to understand when we need to see & identify in the Order Flow charts
09:37 Shai : longs are caught upside down at this open
09:38 Uttam : yep big gap
09:38 Shai : but seeing no signs of liquidation yet
09:38 Sandip : sold some bnf at 31180..low quant
09:38 Anubhav null : abo e vwP we can renter longs ?
09:38 Uttam : we had a FA in NF at 11710 and that had been revisted here
09:38 Rushabh : shai instead opposite of that?(09:38) Shai : but seeing no signs of liquidation yet
09:39 Shai : not yet
09:39 Rushabh : what will be ths igns then shai?
09:39 Rushabh : signs*
09:40 Shai : vwap
09:40 Rushabh : okay
09:41 Anubhav null : diis wwill rush to buy now i think
09:41 MJ : @Uttam what day that FA was?
09:45 Uttam : 25th Jun
09:45 Uttam : first time observing a monthly FA as well in Nifty spot & NF
09:45 Uttam : lets see if we get the 1atr on monthly 🙂
09:46 Sandip : removed 50% at 31130
09:46 Uttam : nice Sandip +1
09:46 Sandip : small scalp 🙂
09:46 Sandip : thx Uttam
09:47 Sandip : Uttam what is a reference level on the downside? in bnf..immediate?
09:48 Uttam : 31071-41
09:48 Boppanna : Hypo D active in BNF
09:48 Sandip : Thanks
09:49 Boppanna : Weekly Spot Ref 09:48 Boppanna : Hypo D active in BNF
09:50 Uttam : yes that 30977-965 imp ref in spot now
09:52 Sandip : all out at 31130 for now
09:53 Uttam : 11664 in spot imp level on immediate downside along with 11651 where we got an FA on 25th
09:55 Shai : 31113 looking to hold in BNF
09:56 Shai : NF ref line now at 11725F
09:57 MJ : 31100.95 VWAP of continues F from 23rd may composite.
09:57 Shai : this open looks to me to be selling done via cash and fund action in cash selling at open
09:57 MJ : Same is what I am looing chief 🙂
09:57 MJ : Looking*
09:58 Shai : Intra – Buy BNF 31140 sl of 31035 tg 31300
10:02 HPandey : mihir going poistional ?(09:57) MJ : Same is what I am looing chief 🙂
10:04 MJ : No positionals for me yet Himanshu.
10:05 HPandey : okkk
10:05 Thanika : ICICIBANK spike up in volume.. 24K+ effective volume
10:06 Sandip : bnf vwap test atleast
10:07 Sujeet : vix nt rising much
10:07 Sujeet : even deep fall came
10:07 MJ : Shai edge of bracket with higher volumes this time.
10:12 Uttam : trifecta in NF
10:12 Uttam : sellers in BNF also here putting pressure on the morning buyers
10:16 Jitender : 30.8 ?
10:17 MJ : https://mplite.vtrender.com/?symbol=bankNIFTY&startDate=23-05-2019&nDays=31&tpo=6&isComposite=1
10:18 Uttam : 31062 is the 2 atr in BNF from Friday’s FA of 31727
10:18 Uttam : @Tej you there?
10:19 TP : Yes Uttam
10:19 Uttam : 30975-953 imp sup Jit
10:20 Jitender : ys
10:20 Uttam : that Friday swipe above IBH was an FA as it went above it from below IBL & did not stay for even 15 mins above
10:20 Uttam : hit 1 atr from that FA in the gap down Tej
10:20 TP : yes checked that FA was confirmed +1
10:20 Boppanna : 30980 spot 20 dma in BN spot
10:20 Thanika : BN12 cash at the low, though BNF has made lower low… looks kind of +ve.. Nifty scene is not good yet in cash too
10:21 Uttam : cool Tej +1 on Friday you were doubtful na so thought of clarifying 🙂
10:22 TP : tks
10:22 Jitender : vols fr a drive tere Uttam ?
10:23 Uttam : C side ext in BNF after a 3 IB day
10:23 Uttam : yes Jit NF has almost 20L in first 15mins
10:23 Jitender : tx
10:23 Uttam : BNF lower though just 3.9L
10:23 Jitender : yh bnf is the one wich has better potential 2 surprise
10:25 Boppanna : Last hope for bulls for quick intra bounce will be trouble if sustains below 10:23 Uttam : C side ext in BNF after a 3 IB day
10:26 Uttam : 9k grren in BNF as 31110
10:26 Uttam : looking to take it to vwap?
10:26 Uttam : RB on 5mins plus vols also good in that 5min bar
10:26 Jitender : 31150 is the pivot fr upside
10:27 Uttam : yes Jit 31140-150 & above it 31210 ref for now
10:30 Thanika : cash spikes up now’
10:30 Thanika : hmm.. YesBank up! 🙂
10:31 Jitender : news in it
10:31 Uttam : pretty large IB but still do not feel that we will have a ‘b’ profile
10:32 Uttam : (09:38) Uttam : we had a FA in NF at 11710 and that had been revisted here…this acted as resistance once it was broken
10:32 Thanika : in the next bar, someone sold probably the same! 🙁
10:33 Sandip : bnf options wise and spot price wise weak
10:33 Ashutosh : C side extention ?
10:33 Ashutosh : in bnf ?
10:34 Uttam : that RB being forced to exti looks like in BNF
10:34 Uttam : 0s in this bar as of now though at new lows
10:34 Uttam : (09:48) Uttam : 31071-41
10:34 Uttam : BNf low 31069
10:34 Boppanna : BNF needs a refresh 19k both sides
10:35 Uttam : 31040 also here
10:35 Uttam : bull ho gaya gul
10:35 Jitender : execellent start 2 the day…just like the day post last budget
10:36 Shai : BNF stopped. Make exits
10:36 Anubhav null : 30800 poc
10:39 Shai : getting bad for bulls
10:39 Uttam : huge addition in 11700ce
10:39 Uttam : yes Shai
10:39 Shai : next wave of selling hit
10:39 Uttam : (09:30) Uttam : 11590 can come htis week
10:40 Jitender : out …1330+ on 31.3pe
10:40 Jitender : 130+
10:40 Sandip : bought low 31020
10:40 Uttam : congo Jit +1
10:41 Jitender : gv a bounce Sandip
10:41 Anubhav null : ppl had big hopes from budget after such victory
10:41 Sandip : +1 Jitender
10:41 Jitender : tx Uttam…congo 2 u as well
10:41 Jitender : 31181 hd gt immd sells
10:44 Uttam : (09:53) Uttam : 11664 in spot imp level on immediate downside along with 11651 where we got an FA on 25th…this also gets tagged
10:45 Boppanna : +1 10:41 Jitender : 31181 hd gt immd sells
10:46 Uttam : Shai 30min OF charts need a bit of adjustment
10:46 Uttam : going underwater like the bulls 😉
10:47 Boppanna : Shai Can resell on RIse Intra BNF ?10:39 Shai : getting bad for bulls
10:47 Uttam : on GoTo Meeting also
10:48 Uttam : thanks Shai
10:49 Shai : yes 31115 supp broken
10:49 Shai : technically headed lower
10:49 Boppanna : thx
10:50 Sandip : that 24 k is profit booking
10:50 Uttam : Shai can we have a refresh of BNF
10:50 Uttam : as that 19k came twice as Bops said before
10:50 Jitender : entire pre budget thing from 17th june..taken out in 1.5 sessions
10:51 Uttam : 1.5 IB done in BNF inspite of big IB
10:51 Jitender : 1 session rather …ti,e wise
10:51 Uttam : 30987 was 1.5 IB
10:54 Sandip : bought some more at 950
11:01 Shai : getting more severe
11:01 Shai : D is alos LL
11:02 Sandip : ok out qt 30915
11:02 Shai : looks like OTF got up and decided to slam it today
11:02 Sandip : whole lot of liquidation
11:02 Rushabh : fridays buyers?
11:03 Shai : are liquidating now
11:03 Jitender : 31.2pe 352-416
11:03 Uttam : NF 1.5 ib
11:03 Uttam : 11639
11:05 Jitender : warned u guys (10:16) Jitender : 30.8 ?
11:05 Jitender : 860 so far
11:05 Uttam : BNF 2 IB done
11:07 Sandip : bnf in freefall mode
11:07 Jitender : kya bola bum bola (10:16) Jitender : 30.8 ?
11:07 Jitender : yeahhhh
11:07 Sandip : 701 wtf
11:07 Sandip : +1 Jitender
11:07 Uttam : (09:22) Uttam : had entered 11800 combo at 133 at close on Friday…145 now and will hold it till expiry…exited 50% at 196
11:07 Jitender : tats y i say…..cut the noise
11:08 Sandip : Awesome uttam
11:08 Shai : 200 point drop that was
11:08 Shai : freaking carnage
11:08 Jitender : congo Uttam
11:08 Sandip : yea
11:08 Shai : 4 mins
11:08 Uttam : (09:30) Uttam : 11590 can come htis week…25 more to go
11:08 TP : any news ?
11:08 TP : Jit TV channel saying anything
11:09 Jitender : nope
11:09 Uttam : (09:45) Uttam : first time observing a monthly FA as well in Nifty spot & NF(09:45) Uttam : lets see if we get the 1atr on monthly 🙂
11:09 Boppanna : uttam got his weekly spot hypos downside done on Monday itself looks like more HW for him today 🙂
11:09 Boppanna : in BN
11:10 Uttam : 30680-660 / 30594 / 30559*-512
11:10 Uttam : 30718 was an ext handle in BN spot
11:11 Jitender : (10:22) Jitender : vols fr a drive tere Uttam ?(10:23) Jitender : yh bnf is the one wich has better potential 2 surprise
11:11 Uttam : +1
11:11 Jitender : days like 2day i luv my job
11:11 Jitender : tis
11:12 Shai : Looks like fund action from the open TP
11:12 TP : yes Chief .
11:12 Shai : some one liquidating and has placed huge orders
11:13 Rushabh : shai rb here?
11:13 Mohammed : intr ref bnf short?
11:13 Shai : still 31015F
11:14 Shai : 30960 has some sellers
11:14 Sandip : looks like a short bounce from30770
11:15 Shai : NF also looking to boucne back to 11676
11:15 Uttam : 30801 was the trend day vwap in BNF of 25th June
11:15 Sandy77 : Tax on FPIs has gone up – think its 42% on derivs
11:16 Jitender : yes n also compo from 10-26 June (11:15) Uttam : 30801 was the trend day vwap in BNF of 25th June
11:18 Uttam : we are in the singles of that exit poll gap up
11:18 Uttam : BN Spot hits that weekly vpoc of 30666
11:19 Uttam : close below it on 30mins will bring lower levels in ot
11:19 Shai : good ones Uttam
11:20 Shai : BN gap is much lower
11:20 Uttam : _/\_ thanks Shai
11:20 Uttam : yes Shai
11:20 Uttam : spot singles from 30177 in it
11:20 Shai : 11591 is the low of the exit poll day
11:21 Shai : spot
11:21 Shai : 11426 – 11591 is the gap
11:21 Uttam : I took the 30min singles Shai 11614
11:21 Uttam : 30250-220 sup in BN spot
11:24 Shai : Bounce not coming
11:24 Shai : could make another LL
11:25 Jitender : 30550/30300…below Dls….
11:25 Jitender : probale ?
11:26 Jitender : probable
11:26 Uttam : 30286
11:27 Jitender : though 30730-700 is a gd supp zone
11:27 Jitender : v interestng
11:27 Shai : Intra – Buy 30700 put at 176 dl of 101 tgt 300.
11:28 Sandip : yes Shai looks like no bounce
11:28 Shai : looking for 30654 F sl abv 30960
11:31 Uttam : Pe gaining premium
11:31 Uttam : PEs
11:31 Shai : dancing in 50 point increments. Futures would not help. stick to an option
11:32 Shai : potential trend day play with a pullback expected around noon
11:34 Jitender : +1
11:36 Jitender : biggest fall of 2019 🙂 (10:35) Jitender : execellent start 2 the day…just like the day post last budget
11:38 Sandip : 30860 is where it crashed from ..one sided
11:40 Jitender : margins being hit
11:40 Rushabh : panic low today?
11:47 Thanika : short covering in BN12.F .. and Fresh longs & SC in N50.F
11:51 Anubhav null : lic buying finally
11:53 Jitender : yh from 11.30
11:53 Jitender : tey must hv gt the call 2 reach off
11:55 Rajiv : LOLJitender : tey must hv gt the call 2 reach off
11:56 Anubhav null : plunge protection team
11:57 Himanshu : LIC shall buy – i fthey want my premium
11:58 Anubhav null : modi shud tweet like frump today!
11:59 Sujeet : such heavy tax… FPI wl not tolerate it
11:59 Sujeet : they wl run away
11:59 Anubhav null : vwap test hopefully
12:04 Rushabh : take this cot into close
12:05 Uttam : lol Himanshu
12:11 Anubhav null : 11600 put weekly oi status uttam
12:11 Anubhav null : falling or stable?
12:13 Thanika : Inthe morning -30million OI in N50.F has been recovered to +2million now!
12:13 Anubhav null : short covering
12:13 Thanika : similar scene in BN12.F too
12:14 Uttam : it will not start falling so soon Anubhav, right now 11650 combo on watch
12:14 Uttam : OI wise
12:15 Uttam : in fact 11600pe has a small increase in OI since morning
12:15 Uttam : but at the same time even 11600ce has seen good addition today
12:16 Uttam : 15.8L to 6.4 L as of now
12:21 Sandip : yes Uttam grinding on for now
12:22 Jitender : maruuuutiiiii
12:22 Rushabh : what a short it was wasnt it? broke that range
12:23 Jitender : kiss
12:23 Uttam : Jit do not forget to invite us for that shorwoom opening ;-p
12:23 Rushabh : high conviction trades
12:23 Jitender : Uttam..lemme first get a Q3 out of maruti 😉
12:24 TP : +1 Jit
12:24 Uttam : you will surely by the way you trade it
12:24 Jitender : insha allah _/\_
12:24 Uttam : Amen
12:24 Jitender : tx Tej & Uttam
12:28 Jitender : hv 2 go guys….b safe n tc
12:30 Uttam : you too Jit
12:32 Shubro : Shai all the makings of a trend day further down?
12:33 Rushabh : E didnt make a lower low?
12:33 Uttam : yes Shubro
12:33 Shubro : i think pause here for a while
12:33 Shubro : then waterfall
12:33 Rushabh : uttam all ticks need to create a lower low for trend right or no?
12:33 Uttam : D was a huge fall so market consolidating here
12:34 Shubro : scuba gear on after 1:30
12:34 Rushabh : 30min
12:34 Uttam : @Rushabh that is a text book trend day but we do not get those types all the time
12:34 Rupesh : sir gd afternun blue line on each candle
12:34 Rushabh : oh
12:34 Uttam : NF made a higher high
12:34 Uttam : which could be a good pull back ref
12:35 Uttam : we can have 2 or 3 periods over the day which do not make lower highs & lower lows
12:35 Rushabh : 6 lac cot
12:35 Uttam : @Rupesh blue line is the POC of every bar
12:35 Rupesh : ok
12:38 Rupesh : sir 6 digit white figures on top of candle
12:39 Uttam : no sir please, that is COT
12:39 Rushabh : uttam we broke the composite on the downside right?
12:39 Uttam : please go thorugh the learning strategies channel for more onfo about COT
12:43 Sandip : Shai what is expected downside for bnf?
12:43 Uttam : 30601 is 3 IB for today Sandip
12:44 Sandip : thanks Uttam
12:44 Uttam : (11:28) Shai : looking for 30654 F sl abv 30960
12:44 Rupesh : sr COT stands fr wat
12:45 Uttam : Commitment of Traders
12:45 Uttam : (12:39) Uttam : please go thorugh the learning strategies channel for more onfo about COT
12:45 Rupesh : thaks
12:51 AmitJ : charts working ?
12:52 Sujeet : finmin reviewing ltcg n stcg for income abve 2cr and 5cr..
12:52 Sujeet : chrts nt gettng refreshd
12:53 Uttam : yes looks like charts stuck
12:54 Thanika : @Uttam: can we say that 11634 is an IB?
12:54 Rushabh : 5 min stuck?
12:56 Mohammed : chrt stuck
12:56 Uttam : @Thanika you talking about it on 30mins?
12:56 Thanika : yes, and in 5mins as well.
12:56 Uttam : 30mins bar needs to get completed for the concept to be finali
12:56 Uttam : final*
12:57 Uttam : so lets see how it shapes up at 1:15
12:57 Thanika : oh ok
12:57 Uttam : also important thing to notice the POC vols of the bar which give you these concepts
12:58 Uttam : for ex we had a RS at 11646 in the 12:15 bar & POC vol was 98k
12:58 Uttam : here so far POC vol only 21k
12:59 Boppanna : 30700pe needs a push above 176 stalling there
12:59 Uttam : 22 congress mlas resigns in Karnataka
12:59 Rushabh : congress in a downward spiral
12:59 Thanika : ok, thanks, that is good info. Also in 12:15 bar, 81K Poc ..can we consider that as RB?
12:59 Rushabh : we need a strong opposition
13:00 Uttam : how is that RS Thanika?
13:00 Uttam : red candle and POC inside the body
13:00 Thanika : i meant as RB
13:00 Uttam : hows that RB
13:01 Uttam : it helps to have the condtions by side when we try to identify these concepts
13:02 Sandip : time to test 30700?
13:03 Uttam : bring it on Sandip
13:03 Thanika : cash given up
13:03 Rupesh : sr the yellow horizontal line signifies wat
13:03 Uttam : BNF has not closed below that 30800 trend day vwap on 30mins
13:04 Rushabh : +1
13:04 Anubhav : gap fill coming in nf 100 more points below 11600
13:05 Rushabh : uttam 1 la ?
13:05 Sandip : charts stuck
13:05 Rushabh : 87 red below and 1 lac green above
13:06 Sandip : and here comes cash also 🙂
13:06 Rushabh : big volumes here
13:06 Shubro : screen gone?
13:07 Uttam : (09:30) Uttam : 11590 can come htis week…
13:07 Uttam : 11602 low so far
13:08 Sandip : Uttam screen stuck
13:08 Anubhav : compostie low
13:08 Anubhav : tested
13:08 Uttam : back now charts
13:08 Sandip : ok back now
13:08 Boppanna : Thank you and now pls hold 160 12:59 Boppanna : 30700pe needs a push above 176 stalling there
13:08 Anubhav : modi bhai bachalo
13:08 Rushabh : anubhav we didnt break composite?
13:11 Boppanna : Wish you had told it would come today Uttam 🙂 13:07 Uttam : (09:30) Uttam : 11590 can come htis week…
13:11 Anubhav : election day range master profile
13:12 Rushabh : oh
13:12 Uttam : 11600 low so far Bops 😉
13:12 Anubhav : 11585 was spot low
13:13 Anubhav : approx
13:19 Sujeet : vwap
13:20 Anubhav : lao lao
13:20 Jayanth N : not breaking 30800
13:31 Shubro : tickle that val someone
13:31 Shubro : or sing aaaja aaja
13:31 Shubro : in chorus
13:32 Anubhav : niramalaa lalalalala
13:32 Shubro : scuba gear on Sandip
13:32 Sandip : 30760 needs to break in bnf
13:33 Shubro : o bc
13:33 Himanshu : 150K Green
13:33 Himanshu : Uttam
13:34 Anubhav : amit shah buying
13:34 Uttam : 11592 low in NF
13:34 Uttam : 1L na Himanshu
13:34 Uttam : 0s at lows here on 5 mins
13:34 Shubro : migth be dlow
13:34 Sujeet : no mean reversion when trending day
13:35 Shubro : those o’s resisting
13:35 MJ : Anubhav adamant for someone to buy this.
13:35 Anubhav : lol
13:35 MJ : DII FII LIC now amit shah.
13:35 Anubhav : hoping
13:35 MJ : Is that hope or position? 🙂
13:35 Anubhav : yes
13:36 MJ : 45 easy peasy here.
13:36 MJ : Sorry my bad.
13:36 Sujeet : 9 laks cot ..impressve fr a shrt cvrng in few days
13:36 MJ : Trend day, no 45 degree rule today.
13:36 MJ : But one dash again to poc will be sweet.
13:37 MJ : dpoc*
13:37 Shubro : thats a big ass cot man NF
13:37 Shubro : that 101 k new buyer Uttam?
13:38 MJ : is he from the room? 11592 around entry.
13:38 MJ : wow.
13:38 MJ : lol.
13:39 Shubro : lets see if he stops the elevator
13:40 Shubro : BNF ko kya hua?
13:43 Shubro : BNF doesnt want to play with NF
13:44 Shubro : any body going long?
13:44 Rushabh : 9 lac cot
13:44 Rushabh : want to but waiting for shai
13:45 MJ : Shubro nibbling on long side.
13:45 Thanika : yesbank, spike down 1% in huge vol, 2mins back
13:45 MJ : ping pong.
13:45 MJ : Just one side of scalps, not two way looking at the COT.
13:46 Shubro : Thanika BNF cash market seeling on rise?
13:47 Thanika : yes, so far.
13:48 Thanika : now some liquidation & SC in BN12.F
13:49 MJ : what happens if 9L COT decides to liquidate?
13:50 Uttam : classic case of how that 1L green is getting overpowered by responsive selling at 11615
13:50 MJ : +1
13:50 MJ : uttam
13:50 Uttam : POC of 30min had shifted to that 1L green at 11595 but then later new sellers came at 11615 where the POC of the 30min eventually closed
13:50 MJ : Tailwind headwind.
13:51 Uttam : so either noe that 1L guy needs fresh buys else can be forced to cover
13:51 Sandip : finally 31800 CE writing > PE writing
13:51 Uttam : 30800
13:51 Shubro : shabbash
13:54 Sandip : srry yes Uttam 🙂
13:54 Uttam : 🙂
13:54 Sandip : bhavnao ko samjho!
13:54 Sandip : lol
13:54 Uttam : lol
13:55 Shubro : anyone for 30000?
13:55 Shubro : this week that is
13:56 Shubro : Sandip where is highest oI on BNF weekly put side?
13:56 Sandip : that I wouldnt know lemme check another site
13:57 Shubro : strong sellers baba
13:57 Shubro : in BNF
13:58 Shubro : wouldnt dare a long at all
13:58 Gaurav : NF cot crosses 1M
13:59 Uttam : 11590 here
13:59 Sandip : and im out
13:59 Sandip : phew
13:59 Sandip : day back in +2dt
13:59 Thanika : Basket sell in Cash..no one stock spiked.. all sold
14:00 MJ : BEST OF lesson (13:51) Uttam : so either noe that 1L guy needs fresh buys else can be forced to cover
14:00 Shai : 30700 put at 212-214. Book half here and ride some at cost
14:01 Shai : should finsih near lows so will pay to hold some
14:01 Sandip : That was a wholelotta profit booking
14:01 Boppanna : +1 Shai ..pull back right there at 160 13:08 Boppanna : Thank you and now pls hold 160 12:59 Boppanna : 30700pe needs a push above 176 stalling there
14:01 Uttam : that 11800combo now in 100+ profit 242
14:02 Shai : 300 is there 1690 sl
14:02 Shai : 160 sl*
14:03 Rushabh : shai could you throw some light on the COT today?NF
14:03 AmitJ : wohh 1.1 M NF
14:03 Sandip : Uttams weekly tgt also hits +1
14:04 Shai : pull back would come
14:04 Shai : I won’t be short if we close at lows today
14:04 Sandip : Shubro
14:04 Shai : remember COT was neagtive 2 full days before this sell off began
14:04 Sandip : Highest OI is 30500
14:04 Sandip : PE
14:05 Rushabh : yes, now back up?
14:05 Rushabh : cumulatively highest of series of 2 days ?
14:05 Shai : wait till 3.20
14:05 Rushabh : yes
14:05 Shai : curret structure is for a close at lows
14:05 Shai : we review cot at 3.15
14:05 Rushabh : +1
14:06 Vidyanand : hi
14:07 Himanshu : It seems chief – Now COt should be net plus – v/s 8 L –
14:07 Sandip : 30760….should act as resistance ..also 0’s there
14:07 Himanshu : we are now 1.1 + 6 L
14:12 Shubro : 30400 on cards?
14:12 Shai : (11:02) Shai : looks like OTF got up and decided to slam it today
14:12 Shubro : rewarded the budget
14:13 Shai : (11:28) Shai : looking for 30654 F sl abv 30960
14:13 Rajiv : Shai is the slam over
14:14 Shai : no
14:14 Shai : hold till 3.15
14:17 Shai : tgt revised upwards in PE to 324/ 385
14:17 Shubro : fing selloff
14:17 Sandip : Shubro 30500 maxx
14:17 Shubro : kya re
14:18 Sandip : 🙂
14:19 Shai : Sell BNF 30648 sl of 30776 tgt 30440/ 30278
14:19 Shubro : holy caaaw Shai
14:19 Shubro : dekh Sandip
14:19 Shubro : Shai mere upar
14:20 Shai : 30370 is the next VPOC on spot
14:22 Sandip : I mean for today 🙂
14:22 Shai : gap levels are 30111 – 29559 in BN spot
14:23 Sandip : Shai, your tgt is intraday?
14:23 Shai : exit poll giveth, budget taketh
14:23 Sandip : in bnf?
14:23 Shai : yes Sandip
14:23 Sandip : Ok thanks
14:23 Jayanth N : @shai nifty target??
14:24 Shai : 11470F
14:24 Jayanth N : TY
14:24 Shubro : and its not even 2:30
14:25 MJ : After entire may, first time price in this zone 🙂 https://vtrender.slack.com/archives/C0F2VRTPW/p1558533164030400
14:25 Shai : 292 high on that PE – 30700
14:29 Rushabh : shai we moved after 5th july
14:29 Thanika : big buy volume in N60.cash
14:30 Sandip : This PE needs to stay above 190-200
14:30 Sandip : bnf also
14:30 Shai : Hold the BNF woth SL abv 30799 till 3.15 pm
14:37 Anubhav : any news/?
14:37 Shai : exit the 30700 PE at 198 cmp
14:41 Vidyanand : good support at 11532 and 11594 – seniors your views please
14:43 Shai : ready now for fresh day lows – BNF
14:44 Sandip : That 31700 Pe grazed 190-188..and held…letss see now
14:44 Shai : what kind of support@vidyanand?
14:45 Vidyanand : ?
14:45 Vidyanand : Major buyer coming inside and not allowing price to fall
14:46 Shai : oh yes
14:46 Shai : that is the biggest buyer of the day
14:46 Vidyanand : so if we enter there we can go long
14:47 Vidyanand : what is your advise?
14:47 Shai : it still is a RB
14:47 Shai : swing buys are taken only when we see IB
14:54 Amit : whether their are chances to make new low now too
14:56 Shai : yes
14:57 Shai : lows need a visit
14:57 Sandip : phew
14:57 Amit : on what observation, you are sure as i can look towards it
14:57 Amit : so tomorrow we can move towards 30200-30000 range
14:58 Shai : BNF lows are not secure per OF
14:59 Amit : means wahtever low has been made will be broken today or more selling will be seen
15:01 Shai : translation – low not secure means auction lower not complete
15:01 Amit : i am still confused
15:01 Amit : still people waiting to cover. is it
15:02 Amit : or want to cover much lower
15:02 Shai : which people are you talking about?
15:02 Amit : those who shorted
15:03 Himanshu : Chief – NF Low secured seems
15:03 Himanshu : we have lot of Green now
15:03 Shai : yes NF looking slightly better
15:04 Himanshu : With now net postive COT ( settling off 8 L – ve ) we shall be ok ..
15:04 Uttam : better to book the shorts at close today Shai?
15:04 Shai : yes
15:04 Uttam : that 11800combo has doubled
15:04 Shai : @Amit- today we are seeing a higher time frame seller in the markets
15:04 Uttam : 260 now
15:04 Shai : that is why I said OTF
15:05 Anubhav : nice uttam chaap liya mota!!
15:05 Anubhav : lol
15:05 Shai : so these are not 2- 3 day players but peopke from many months who have closed longs
15:05 Uttam : thanks Anubhav
15:05 Shai : next 1-3 days we shoukd still see a bounce
15:05 Shubro : Shai that BNF short still on?
15:05 Anubhav : i got killed by my long bias today 🙁
15:05 Shai : but this market has fgone weak as of today
15:06 Shai : Hope you are clear
15:07 Rushabh : shai your longer time frame view of 12700 negated?
15:08 Shubro : Shai have a 30600 PE at 180 should hold or exit?
15:09 Shai : cover
15:09 Shai : Close the BNF at cost 30670 near cost here. running out of time for intra
15:10 Anubhav : what if get some postive news after close…gap up risk is there for late shorts
15:10 MJ : Technical bounce due @Shai?
15:10 Sandip : bnf futures trying hard to push up…but spot not agreeing
15:10 Shai : 11635 hurdle
15:11 MJ : Thanks shai.
15:12 Rushabh : vwap
15:13 Anubhav : govt insiders might be buying now
15:15 Rushabh : shai 14 lac cot, can buy?
15:16 Sandip : @Shubro
15:16 HPandey : yes shai a litle commentary on COT is required..
15:16 Shubro : Sandip bolo
15:17 Sandip : The reason I said max 30500..is because of the earlier question u had asked…the maxx PE OI was at 30500
15:17 Shubro : yes right
15:17 Shubro : checked as well i think will rotate new zone
15:18 Rajiv : Shai are we going in with a position?
15:18 Uttam : 1.5L red in NF
15:18 Uttam : some greens booking?
15:18 Sandip : last 1 hr bnf full on grind
15:18 Rushabh : intra ones?
15:18 Shubro : no positions but i think might go up to check 590 and then 635
15:20 Shubro : BNF 270 and 770 maybe
15:22 Rajiv : This 1.54 guy is long booking?
15:22 Uttam : (15:18) Uttam : 1.5L red in NF(15:18) Uttam : some greens booking?
15:22 Sandip : Looking at cot and OI bnf expiry looks between 30400-31000
15:23 Shubro : chalega paisa banega
15:26 Shai : 11600 call at 46 is an aggressive BTST for tom
15:26 Shai : looks like friday buyers have doubled up in last 60 mins here
15:27 Shai : tom should be fun
15:27 MJ : Yes shai 🙂
15:27 Rushabh : shai highest of series buyers?
15:27 Shai : yes
15:27 MJ : Chief, Maruti did what we saw on master profile.
15:28 MJ : Thanks for your guidance,
15:28 MJ : Bye everyone.
15:28 Rushabh : and morning singles are resistance now?
15:28 Shai : Bye all
15:28 Shai : take a fresh view tom
15:28 Uttam : exited the balance 11800 combo at 248
15:28 Uttam : yep tom is a new day
15:28 Uttam : thanks All 🙂 have a lovely evening
15:29 TP : Bye All.
15:29 Shubro : Bye all
15:30 Himanshu : bye all
15:32 Sandip : bye all