OrderFlow charts dated 25th May
May BNF
May NF
08:55 Vtrender Live : (08:53) Vtrender Live: OPtion charts – https://join.me/147-614-751
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09:03 Shai : (09:03) Shai : https://vtrender.com/evening-marketprofile-report-dated-24th-may/
09:46 Shai : (09:46) Shai : INtra : Buy BankNifty 26105 sl of 26020 tgt 26212. . Trade smaller size
09:53 Shai : (09:52) Shai : Close the BNF longs 26130- 26133 here
10:55 Shai : (10:55) Shai : Intra : short BankNifty 26120 sl of 26195 tgt 26030/ 25970
11:48 Shai : (11:48) Shai : Book the BNF 26100 here
11:53 Shai : (11:52) Shai : Intra : Keep a short Trade for BNF open below 26067 sl of 26137 tgt 25930/ 25840
12:50 Shai : (08:53) Vtrender Live: OPtion charts – https://join.me/147-614-751
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13:05 Shai : (13:04) Shai : Intra : Buy Nifty avove 10588 sl of 10568 tgt 10623
13:10 Shai : (13:09) Shai : Remove the BNF sell below order
13:18 Shai : (13:17) Shai : Intra : part book Nifty 10602. Ride with new TSL 10585 till 3.15 pm
13:44 Shai : (13:44) Shai : INtra : Book NF fully 10610
14:53 Shai : (14:53) Shai : Positional for expiry thursday : Buy 10600 pe at 40 sell 10500 pe at 17 for a net of 23 in the pair. Hold till thursday for a tgt of 88.
08:53 Vtrender Live : OPtion charts – https://join.me/147-614-751
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09:02 Shai : GM all
09:03 Shai : https://vtrender.com/evening-marketprofile-report-dated-24th-may/
09:05 Jatin : gm all
09:07 Jitender : Gm Shai, Folks 🙂
09:09 HK : GM Shai, Friends
09:10 HK : Understand that yday sudden liquidation was due to NSE glitch resulting in auto square off, hence need to take yday auction with a pinch of salt
09:11 Jatin : only NOW was affected
09:13 TP : GM All.
09:13 Aiholi : GM all
09:17 HK : @Jit, NEST issues?
09:17 Jitender : stuck
09:20 Boppanna : Shai can we have 26000pe on options screen
09:21 Boppanna : thx
09:21 RK : yday spike winner now
09:26 Boppanna : could do 26150 BNF
09:29 Uttam : Good Morning All 🙂
09:29 Gaurav : Shai 10600 PE June looks a safe buy here?
09:29 Uttam : BNF does 1atr up from that FA of 25840
09:29 Uttam : stayed within spike at open & got above so path of least res upside
09:30 Uttam : 26140 is a vpoc so can tag that
09:30 TP : 26225F next supply zone as per weekly levels.
09:30 Shai : BNF driving up on low volume
09:31 Shai : @Gaurav may test 10580 / 600
09:31 Gaurav : ok, will avoid for now
09:34 HK : this NOW gitch did auto square off yday and created a flutter, else I was looking for 10630 zone for swing target
09:34 HK : beating myself for not holding posn
09:36 Santosh : HK by today end u might say good i covered my holding positions
09:36 Santosh : never know;-)
09:37 HK : Haha, It is crime when you have solid swing setups giving great entry and target and u dont respect it
09:40 Santosh : be aware shorters badly hurt yesterday may create panic shorts below 10520
09:42 Santosh : possibly break the 2days before extension and test the yesterdays tail…RK ur views
09:43 RK : no short bias as long as staying above 540
09:43 Santosh : okies
09:43 RK : below 540 weak and below 520 confirmation till then looking for 585/630
09:44 Jitender : 550 is a buyr
09:45 TP : VWAP test in both.
09:46 TP : Uttam Bn was a 4ib both in spot /f yesterday.
09:46 Shai : INtra : Buy BankNifty 26105 sl of 26020 tgt 26212. . Trade smaller size
09:46 Uttam : yes Tej 3.8 IB & 4.5 IB
09:47 TP : tks.
09:47 Uttam : both taking sup at vwap for now
09:47 RK : again large IB day
09:49 Uttam : (09:30) Uttam : 26140 is a vpoc so can tag that….Done
09:51 Shai : ye stagged
09:51 TP : RK large ib means post IB expecting balance in the range.
09:52 RK : yes Tej
09:52 TP : +1
09:52 Boppanna : Good day to play the 3IB setup in BNF?
09:52 Shai : Close the BNF longs 26130- 26133 here
09:53 RK : 60 in NF and 200 in BNF are good enough to call as large IB
09:53 Jitender : .
09:53 Shai : signs of an RS in BNF at the vpoc
09:54 Ankush : whats is rs?
09:54 Ankush : responsive selling?
09:54 Jitender : 10550 buyr & 10570 sellr in nf
09:54 Uttam : yes Ankush
09:54 RK : good trades emerge when you in doubt 🙂 (09:52) Boppanna : Good day to play the 3IB setup in BNF?
09:54 RK : *you are in
09:54 TP : Shai can we revive the 3 IB bot .
09:54 Shai : yes- (09:54) Ankush : responsive selling?
09:54 RK : but BOP wait for IB to complete
09:54 Shai : Yes TP will get that 1 going. Thanks for the reminder yesterday
09:55 TP : wc chief.
09:56 Boppanna : Thx RK thats the plan…
09:57 Santosh : Shai volume in NF is 18lac + with pink band in 30mins…any reading
09:58 Davis : Today is the friday before the expiry…90% markets comes down just to eat out the call premiums
09:59 Uttam : 26070 needs to be broken in BNF for any dip to come
09:59 Uttam : 26050 is also a green band today I guess
10:07 Shai : Low volume drive up- (09:57) Santosh : Shai volume in NF is 18lac + with pink band in 30mins…any reading
10:07 Shai : d period critical today
10:08 Shai : c can be noisy
10:08 Santosh : ok
10:09 Boppanna : Shai is it possible to adjust 26000pe options screen just want to check the OF at the day low
10:10 Boppanna : got it thx
10:11 HK : we have a small gap today in NF right
10:12 Boppanna : the pink band gets his 60 in BNF
10:13 Shai : yes 26070- 80 supp
10:14 janak : bnf looks good for 26400 by Monday shai?
10:16 Shai : test due of 25840 first
10:16 Shai : I’m waiting for vwap to go 🙂
10:16 Boppanna : 🙂
10:21 HK : There is a huge time lag on charts moving anyone facing this issue
10:21 HK : Shai, NF intra support at 10522?
10:22 RK : below 544 NF buyers fail as per OF
10:24 Jitender : sum has his microphone on
10:24 Snehil : yupp listening
10:25 Snehil : lol
10:25 Uttam : RK some stuck sellers also at 10530
10:25 Uttam : ?
10:26 Uttam : BNF 26080 the level for buyers to sustain?
10:26 RK : Uttam I think they made exit hence drive
10:26 Jitender : hez tsking a class..i think
10:26 Uttam : oh okies…
10:26 Jitender : takn
10:27 Uttam : lol Jit
10:27 Jitender : yh..listen
10:27 Uttam : but who is he?
10:27 Uttam : someone in the room from TC live? ;-p
10:27 Jitender : one of us
10:27 Snehil : someone explaining something to his client
10:30 Uttam : inside bar on 30min in Spot so exhaustion of buyers RK?
10:31 Uttam : BNF made a poor low yesterday in the mornign whcih was not repaired & it closed at other extreme, today just the opposite in the morning so will it repeat 😉
10:31 RK : too early Uttam to say that
10:31 RK : inside bars post D period makes sense
10:31 Uttam : hmmm thanks 🙂
10:32 RK : how do you hear it? (10:27) Jitender : one of us
10:33 Jitender : its on the micropone in goto screen
10:33 janak : it is a trend day up shai
10:33 Jitender : this guys is selln his reco’s piggyriding on Shai
10:34 RK : oh ok I thought omnovia..
10:34 janak : NF can do now 590-610
10:34 RK : you should have then kept as secret 🙂 (10:33) Jitender : this guys is selln his reco’s piggyriding on Shai
10:34 RK : oh its Hindi..am stuck 🙂
10:36 Jitender : hez talkn 2 sumone tryn to justify his reco’s
10:36 Jitender : 26500 ce at 48..hez askn 2 buy till expiry
10:36 Jitender : 500qty
10:37 Uttam : NF making IBH ext
10:41 TP : Shai can you zoom in NF 30 min numbers hidden.
10:41 Ankush : 10500pe green band
10:42 RK : 585 done NF
10:42 Boppanna : 1lkh red
10:42 TP : looks like 2 1l seller.
10:43 TP : refresh needed as delta should be red in 30 min.
10:43 Shashwat : Can we say that in BNF 5 min chart, we have seen responsve sellers in last two candles? As in 0 and -1 candle
10:44 Shai : yes
10:44 Shashwat : ok, thank you
10:45 janak : NF to hit 618 today shai. Low is 518
10:45 TP : tks chief big red in 30 min
10:47 Shai : yes Jank for now sterngth abv vwap and atht 10550
10:48 Jitender : get bnf belwo 140..n we have sum fun
10:48 Shai : c is done
10:49 RK : Tej 105K still around 130
10:49 TP : Yes RK. vix down to 12.8.
10:51 Shashwat : After responsive selling, do we expect initiative selling starting next candle or could wait for 2-3 candles, before it gets negated?
10:52 RK : sooner initiative appears after responisve stronger the res up
10:52 Shashwat : ok, thank you
10:53 RK : if responsive not able to push price down or dont get support with add on reds in subsequent candles then play safe..
10:53 RK : but keep in mind OF is tricky from Thu to Thu during settlement week
10:53 Shashwat : sure, thank you
10:55 Santosh : RK huge red delta for 3 time frames with pink band at top….is something cooking
10:55 Santosh : 30 mins
10:55 Shai : Intra : short BankNifty 26120 sl of 26195 tgt 26030/ 25970
10:56 Jitender : 26.1 pe 135-155 done (10:48) Jitender : get bnf belwo 140..n we have sum fun
10:57 Shai : fun gets king sized if we break below vwap
10:57 Shai : c has done the high
10:57 Jitender : ys Shai…the morn action looks to get longs trapped
10:57 Jitender : first vwap attempt was bought…
10:58 Jitender : lets c wat happens at vwap now
10:58 janak : only bone of contention here today is that being a trend day up NF/BNF wont give a dip more than 20/40 pts till 2.30 pm
10:59 Jitender : 1st dip was 12-14 points & next 20 points in nf so far
10:59 Jitender : 3rd in action
11:00 HK : spike down will happen in a flash
11:00 HK : that is how the set up is
11:01 Shashwat : Do we let the present BNF 5 min candle to develop or could call it IS straight away?
11:02 HK : NF for 10522
11:03 Shai : @Janak you are right with that logic. But we had a 3IB day yesterday and probabaility says no expansion over b+c
11:04 Shai : @Shashwat it has to move away from the POC for it to cofirm by a few prices
11:05 Shai : bear in mind that 5 mins are smaller TF and the crown would churn for 20- 40 points
11:05 Shashwat : ok, thank you
11:05 Shai : if you are looking for bigger then apply to 30 mins
11:05 janak : ok shai
11:12 janak : now that dip done, NF shd go to 590+ zone
11:15 janak : NF is too good an intrument for today’s setup buy every dip of 15-20 and keep booking
11:16 Shai : NF us
11:16 Shai : is*
11:17 Shai : A quick work for everyone here
11:17 Shai : We trade setups here based on probability
11:17 Shai : A probability is not a certainty
11:18 Shai : In my book a 50- 50 ratio is not good enough so I try to work with a 80% ratio
11:18 HK : bear start music
11:18 Shai : That is a ratio of probabaility
11:18 Shai : Whilst 80 is good it still is not 100% and leaves open a window for a failure
11:19 Shai : Which is fine by me as I do not expect to get every single trade right
11:19 Shai : We trade a series here or 20 set points in a month
11:19 Shai : I’d like to win 17- 3 or 16-14 or 15-5.
11:20 Boppanna : +1 Shai
11:20 Shai : I know I cannot win every day and the competition will get me sometimes
11:20 Jitender : true..
11:20 Jitender : +100 Shai
11:20 Shai : That’s a good win ratio and is good enough for me
11:20 Uttam : +1 Shai
11:20 HK : Shai, the best way to get this comms across is by putting up our performance month and month and showing that
11:20 Shai : I’ll also take 12-8 in a month which will not be a good month but will get us by
11:21 Shai : You have to win a series and have a view over 20 sesisons. You can’t win everygame and the faster you come around to that view, the better is for your mental health and your trading account
11:21 Azmath : +1 Shai
11:21 Shai : I also don’t regret lost opportunities or missed trades. That is the past and I need to be fresh for the next one ..
11:21 Shai : yesterday I lost on an IB trade setup which is a market which cme back into IBH. Should have gone to IBL.
11:22 Shai : In 8 out of 10 times it would and I will not heasitate to trade that setup again if it comes
11:22 Shai : But will it work every time? No . That is not assured.
11:22 Shai : It is a business of risk. Every new trade is risk on the table.
11:22 Shai : You enter knowing fully that there is risk.
11:23 Shai : Hence risk management and money management links of which are sent in the welcome message
11:23 Shai : I’m very clear on all this probability, setups, risk, money management etc.
11:23 Shai : Hope you are clear on the same.
11:24 Shai : At the end of the day it is a business of risk and you have to assess it before you enter
11:24 Shai : Soory for the long messages in the middle of the session.
11:24 Shai : I’m done
11:25 Uttam : #applause Shai +100
11:25 Uttam : these are important aspects which every trader needs to be aware of all the time
11:25 Jitender : perfect Shai……tx fr the refresh
11:25 Jitender : for eg this is a horrible R/R trade & is more of a gamble (10:36) Jitender : 26500 ce at 48..hez askn 2 buy till expiry
11:26 Jitender : before takn a trade..u must define…at tat point hw much can u loose & hw much u r prepared to loose
11:27 Jitender : u wud change yr trade entries…if u do it as a habbit
11:27 Uttam : BNF has some stuck sellers at lows on this 5min bar?
11:27 Uttam : vwap also so important level here
11:27 Santosh : Thanks Shai…much needed refresh…out of habit we either over trade or mess it
11:28 Santosh : we lose clarity in the game
11:28 Santosh : later regrets over take us
11:29 Shashwat : Read these points last night in the welcome kit, couldnt be better re-emphasised
11:29 Tulajaram : Crystal clear, Shai. I feel every word of it, let alone understand.
11:29 Boppanna : Agree Shai..today is another example of trading a setup this BNF short trade could go on and touch morning buy target 26225 if it holds vwap but based on current info and past success on 3IB set up probability of the short trade working would be higher
11:32 Shai : perfect.
11:32 Mihir : +1 Shai. Always asking the questions that you told us to ask. What is market doing? Is it doing a good job. All the answers then starts trickling down.
11:32 Santosh : Shai we need webinar on chart reading for the newbies…Request
11:32 Shai : Happy to see this that we are all on the same page here.
11:33 Shai : Yes Santosh that webinar is due. Got caught up with some work this week
11:33 Shai : Will do it coming tues/ wed
11:33 Santosh : great…will help us sharpen the visualization and reading
11:34 Mihir : Shai: Small request if we can jumble the order of charts? Get detla stack toggled with MP charts?
11:34 Shai : lol
11:34 Shai : that has been an open question here for a while now
11:35 Kunal : request u Shai to get us an insight about how to read MP for positional/directional view
11:35 Mihir : Like I love trading on the microbalances. I have space issues 😉 (Screenspace)
11:35 Shai : we put the MP chart in the middle so that the 5 min and the 30 mins all have same access to it
11:36 Kunal : i would like to understand how to interpret MP charts on multiple TF togather
11:36 Kunal : as m a positional trader n not intraday
11:36 Shai : Go by the weekly report and the monthly zones we have up
11:37 Shai : This last bounce is exact vwap of last series
11:38 Kunal : i dont want the zones.. i want to understand read it myself Shai.. m finding it difficult to read n interpret a view out of MP
11:38 Mihir : Okay captain! (11:35) Shai : we put the MP chart in the middle so that the 5 min and the 30 mins all have same access to it
11:38 Uttam : Kunal if you read the reports you can yourself then find out how those came into play
11:38 Uttam : vwap of a trending month is a important level
11:39 Kunal : sorry i cant.. thats y asking it
11:39 Uttam : and that is why important to have that level when you do your analysis
11:41 Uttam : 11:15-11:45 not making new high
11:42 Uttam : 26120 overlapping poc in BNF on 5mins needs to break
11:42 Uttam : some buyers defending there looks like
11:42 Shashwat : From 30 min NF chart, looking at the last three candles, is it safe to assume that we have a supply zone at 10585 with a VWAP of 10562 acting as a demand zone
11:44 Uttam : fun in BNF will be when 26075 breaks & sustains
11:44 Ankush : looks like a P till now?
11:45 Uttam : yes Ankush
11:45 Ankush : needs to fill upper levels to complete it?
11:45 Uttam : BNF at vwap
11:46 Ankush : both at vwap
11:48 Shai : Book the BNF 26100 here
11:48 Shai : big points elusive today
11:49 Shai : P profile
11:49 Shai : d did not extend
11:49 Shai : break of vwap only if the opp for a fresh short view
11:52 Mihir : 20 Pts short covered in nifty 🙂
11:52 Shai : Intra : Keep a short Trade for BNF open below 26067 sl of 26137 tgt 25930/ 25840
11:53 RK : happening (09:51) TP : RK large ib means post IB expecting balance in the range.
11:53 Shai : Open trade for the possibility of vwap failing
11:53 Shai : else it will be a chop today
11:54 Shai : +1 RK
11:54 RK : NF could head back to 580
11:54 RK : 550 invalidation
11:56 Uttam : ‘p’ profile so trade from val to vah RK?
11:57 Santosh : overweight on vwap might bend… break heavily below
12:04 Mihir : Shai: On days like these. Should we look for quick points and faster trades?
12:04 RK : yes Uttam when p and b developing always first hit to dVAH and dVAL is for fade
12:04 RK : good RR trades for 15-20 points
12:04 Uttam : +1 RK
12:04 RK : esp when you have drive and vwap support down
12:05 Shai : Yes Mihir
12:05 Uttam : we also have MB there & now NF into that MB
12:05 Uttam : mid point at 10575
12:05 TP : +1 RK ..nf JUST FOLLOWS YOUR LEVELS 🙂
12:05 Uttam : +1 Tej
12:05 RK : no am just following what profile shows me 🙂
12:05 TP : oops sorry for caps.
12:06 Mihir : +1 TP. Command he sends to the biggies. NF heads to 580. Mid point is here 😀
12:06 TP : good bn exit Shai.
12:06 Davis : Nifty 10500 put OI reached around 72 lakhs.. It looks like a sound base for this expiry..
12:06 Manish : Folks, are the trade room chats stored anywhere in archives ?
12:07 RK : yes DAvis they are back with full power
12:07 Davis : Shai your opinion about buying 10500 call at 96
12:07 Uttam : daily orderflow charts you have the chats Manish
12:16 Shai : @Davis buy in 2 parts
12:16 Davis : ok thanks Shai
12:16 Shashwat : cant see the screen. Just me or problem with everyone?
12:17 Santosh : yes screen gone
12:17 Shai : back up
12:17 Uttam : charts gone for now but should be back soon
12:17 Uttam : yep
12:18 Davis : Retailers/Smartindex/Fiis delta line not available now?
12:20 Shai : That is ebing reworked
12:23 Davis : ok
12:29 Manish : thnx uttam
12:40 RK : strange G inside bar..mostly it dictates move
12:48 Boppanna : both diverging
12:49 HK : IT and Pharma are up
12:58 Shai : OTF saved it yesterday
12:58 Shai : will they come today at close
12:58 Shai : profile does not say they will come
12:59 Shashwat : OTF?? Sorry, havent come around this term yet
12:59 Snehil : other time frame
12:59 Snehil : traders
13:00 HK : SC guys can do the trick IMO to 630
13:00 Snehil : the positional ones ,big traders
13:01 Mihir : Vwap to dhi done. Booked out part. Part tsl.
13:03 Aiholi : shai bnf short is it still in now? becuase it already hit sl 26139.
13:04 Shai : Intra : Buy Nifty avove 10588 sl of 10568 tgt 10623
13:05 Shai : That wa closed @Aiholi- (13:03) Aiholi : shai bnf short is it still in now? becuase it already hit sl 26139.
13:06 Shai : (11:48) Shai : Book the BNF 26100 here
13:06 Shai : oh you mean the sell below?
13:06 Shai : No that is not active yet
13:09 Shai : NF in
13:09 Shai : Remove the BNF sell below order
13:15 HK : Shai, just saw your tweet on option selling baba, hilarious #fridayfun
13:17 TP : Shai next imp level above weekly 26225f zone for bn.
13:17 Shai : Intra : part book Nifty 10602. Ride with new TSL 10585 till 3.15 pm
13:18 TP : 1.65l seller nf
13:19 RK : vwap calling NF
13:19 RK : 10615 invalidation
13:20 Boppanna : green band in 10600pe
13:21 HK : RK pls do 630 first
13:22 HK : then you are free to take it o 240
13:22 RK : keep grind above 590 for 15 mins for 630
13:22 HK : posnl
13:22 HK : saw the gap today and took CEs
13:24 RK : this seller got potential to form bracket HK if you dont scale him in 15mins
13:30 TP : 15 min gone seller unable to push below dvah.
13:32 RK : stay calm and believe LLT 🙂 # after all peanut risk
13:32 TP : RK prevoius msg for Mr. Bot …they become hyper active post 1 pm 😉
13:33 RK : lol tks
13:34 TP : wc
13:35 RK : gone
13:36 TP : 615 was invalidation ?
13:36 RK : yes
13:36 TP : ok
13:37 Jitender : 620-630 is the flipper zone Tej for 10900 or 10400
13:37 RK : yes
13:37 TP : yes jit
13:37 RK : acceptance above 630-640 means a) rotation then upmove b) straight upmove – bears lost it anyway
13:37 TP : but would prefer a monday open than a friday close above that level.
13:38 HK : @Jit 240 on IMO
13:40 Jitender : bnf ?
13:40 HK : NF Jit
13:40 HK : thoso who reloaded from 460-410 are exiting today
13:41 HK : seems like a PB only
13:41 HK : 200 EMA at 10220?
13:42 RK : Tej am out
13:42 RK : no point holding
13:42 TP : i eneterd 107k put 102 6 point sl.
13:42 RK : good
13:44 Davis : Shai any targets for 10500 call?
13:44 Shai : INtra : Book NF fully 10610
13:44 Shai : intra?- (13:44) Davis : Shai any targets for 10500 call?
13:45 Shai : 156 for that CE
13:46 Shai : avoid if it is below 121 at clsoe
13:46 Shai : 117* not 121
13:46 Shai : destination trade still at 10626 but too many red shere
13:53 RK : BNF 500 up from yday IBH
13:53 RK : real beast
13:55 Shai : This 2L seller is the beiggest we have since that 10590 last friday
13:55 Shai : He’s actually 1.61L at 10605
13:56 RK : yes
14:00 TP : BN spot at weekly supply zone 250 next is 420 as per weekly report.
14:00 janak : 26200pe a good buy?
14:02 Kunal : can nifty touch 10700
14:02 Kunal : ?
14:03 Shai : 10626 was my expectation for today on hgher side
14:03 Kunal : i mean till till expiry end
14:04 Shai : yes 10400- 10700 range intact for expiry
14:04 Kunal : ok
14:05 Shai : supply is building here
14:05 Kunal : k
14:05 Shai : No follow through on Monday could firce it down
14:05 TP : 26225f was weekly supply.
14:05 Shai : force*
14:05 janak : BNF can visit 26100?
14:06 Azmath : Shai: Can we trade with the big guy? Small risk in pe?
14:06 Jitender : ys Janak
14:06 Jitender : too early in the day…we got highs
14:07 Jitender : 1.5 hrs to go
14:07 Jitender : bnf firin now
14:07 Jitender : TEj score
14:07 Jitender : Tej
14:08 Shai : buy only is 10605 breaks Azmath
14:08 Shai : He could be a rollover
14:08 Shai : That’s my worry
14:08 TP : was 1.5 now down to just below 1
14:08 RK : 630
14:08 Jitender : m at -2
14:08 Jitender : after a long time
14:09 HK : Booked out at 630, long from open
14:09 Shai : +1
14:09 TP : +1 hk
14:09 HK : got it at last
14:09 Shai : Congrats
14:09 HK : Thanks Shai, need more discipline
14:09 TP : Jit too many sellers this could come down in expiry week.
14:10 Jitender : lets c
14:10 RK : that 1.6L at top seems last blood
14:10 Jitender : this mkt has a habit of doing excess
14:10 RK : of shorts
14:10 RK : trend day sofar NF
14:10 TP : yes rk
14:11 Jitender : congrats Hk
14:11 RK : NF at 2IB despite large IB
14:12 HK : thx jit, you have a habit of doing 10DT after doing a minus day 🙂
14:12 Jitender : Amen bro
14:12 Azmath : Shai: That 10700 ce did 5.5 to 22. Superb ride it was.
14:13 Jitender : tis kind of a mkt..one way w/out dips/rises is my Achielliesss heel
14:13 RK : Azmath all CEs done 2x since open tradeable price
14:17 Azmath : Yes RK. Nice day overall.
14:18 Jitender : congrats Azmath
14:20 Uttam : ext handle 10599 in NF today
14:20 RK : 10587
14:20 HK : last hour downspike?
14:21 Uttam : 10600 straddle still in sell
14:21 Uttam : that 10500 str at 150 RK / Tej
14:21 RK : yes Uttam watching
14:22 Uttam : 10600 str ig gets above 110 & sustains could mean more upside there in NF
14:23 TP : NF does 2ib
14:24 RK : when breakout happens and you fade it then watch vwap..if vwap is expanding then no point trying to fade the move esp when its grinding without going down..reason for my exit of short at cost despite LLT
14:24 RK : just check 5min chart last 1 hr how vwap is slicing up
14:24 TP : +1 rk
14:24 Uttam : yep short below 10605 now RK ?
14:25 RK : from 10565 to 10581 now
14:25 RK : time is short Uttam..
14:25 Jitender : Rk..made money today ?
14:25 Uttam : pull back time?
14:25 RK : very satisfying day today Jit..except that 10607 short all are long
14:25 Jitender : y not 3ib Uttam 😉
14:25 Jitender : good Rk
14:26 Uttam : could be Jit, we are having a probable trend day so close mostly at hgihs
14:26 Jitender : fry day
14:26 Uttam : only this phase till 2:45 may give a dip?
14:26 Jitender : also
14:26 Uttam : NF broke this week;’s OH of 10630
14:26 Uttam : but found a pink band there
14:27 Uttam : 10600 pcr also steadily above 1 now
14:27 Uttam : BNF headed to 26321 looks like 2 atr from 25840
14:28 HK : Shai, is there buying in June against these pink bands in NF?
14:28 Uttam : sorry 26368
14:28 HK : in May
14:32 RK : if they take out 10640 then 10850 is coming..not sure before expiry or post expiry
14:35 Uttam : 10600PE getting green bands & OI rising
14:36 Uttam : that 10600 straddle will be a good play RK if we close above 10640 today?
14:37 RK : naked CEs would be good
14:37 RK : if close is above 640
14:37 Uttam : yes CE would be as good as futures in expiry week
14:37 RK : I would prefer 10700CE without SL
14:38 Uttam : +1 RK
14:38 Uttam : lower risk too in that
14:38 Uttam : 10600pe forming a hvn at 42-44 levels so till it stays below 10600 is safe in NF
14:39 RK : 1050K-160
14:39 RK : *105K
14:39 RK : another 45mins
14:40 TP : jit that 265 ce buyer must be a happy man 😉
14:40 Jitender : yah
14:41 Jitender : he has till expiry fr his happiness 😉
14:41 Jitender : recovered sum tx 2 bnf buyrs at 200…net mtm -1.2
14:42 TP : +1
14:42 Uttam : 10350 is a vpoc in NF so lets tag that today
14:43 RK : ah..dont scale 10640 pls
14:43 Uttam : sorry 10650
14:43 Jitender : 350 Uttam ?
14:43 Jitender : it wont Rk
14:43 Uttam : 10362 is a vpoc along with 10332 lower too 😉
14:43 Uttam : why RK?
14:44 RK : I cant enter longs 🙂 # risky at close
14:44 TP : abv 640 3ib at 686 ?
14:44 RK : after 1.5 ATR
14:44 RK : yes Tej
14:44 RK : thats why saying dont scale
14:44 Uttam : 10680 is last week’s ext handle too
14:45 RK : Jit Friday profit booking to 605?
14:46 Jitender : yup
14:46 Jitender : bots pls read 🙂
14:46 RK : lol
14:46 Uttam : lol
14:46 Uttam : bots would get confused
14:46 Uttam : 10680 or 10605 😉
14:47 Jitender : -8…..comeon nf & bnf
14:47 Jitender : have 2 beven
14:49 Mihir null : 15 points for that red band
14:52 TP : bn spot f premium down to 20 now from 90 yesterday.
14:53 Uttam : RK 10613 goes then L & M could end ,lower?
14:53 Shai : Positional for expiry thursday : Buy 10600 pe at 40 sell 10500 pe at 17 for a net of 23 in the pair. Hold till thursday for a tgt of 88.
14:53 RK : Uttam mostly L could stop around K low today..lets see
14:53 Jitender : wat wud be the fut equi lvl ?
14:54 Uttam : else can close at vwap today NF?
14:54 Shai : 10510 -520 visit pending
14:54 Jitender : tx
14:55 Uttam : 10600pe close above 45 will be good
14:55 Shai : 10600 pe is being bought
14:55 Shai : lots of greens
14:55 Uttam : yes Shai loads of greens with OI also riding
14:55 Shai : shorting the 10500 pe gives you weekend safety
14:56 Uttam : (14:35) Uttam : 10600PE getting green bands & OI rising(14:38) Uttam : 10600pe forming a hvn at 42-44 levels so till it stays below 10600 is safe in NF
14:56 Shai : else sl is 21 if holding
14:56 Shai : +1 Uttam
14:58 RK : Jit single handedly done it..10605
14:58 Uttam : he alone is enough to move the market RK 😉
14:58 TP : 605 rk .
14:59 RK : ye Tej..10600 PE from 39 to 45
14:59 Jitender : danke Rk (14:58) RK : Jit single handedly done it..10605
14:59 HK : game on 14:20 HK : last hour downspike?
14:59 TP : +1 rk.
14:59 Jitender : -2 now (14:47) Jitender : -8…..comeon nf & bnf(14:47) Jitender : have 2 beven
14:59 Uttam : NF to close at vwap?
14:59 RK : perfect close to leave everyone in doubt whether we are starting bracket or upside breakout is started
15:00 Uttam : tested that ext handle
15:00 Mihir null : Congrats jit
15:00 Jitender : dont deserve it today man
15:00 Jitender : -2 in loss
15:01 Mihir null : oops
15:01 Jitender : -0.2
15:01 Jitender : was -2 at one time..so recvry of 1.8
15:01 Uttam : nice Jit that also is a good thing to celebrate
15:02 Jitender : +1
15:02 Mihir null : oops. was for last trade.
15:02 Manish : congrats Jit
15:02 Jitender : Shai..can we incr the imbal of 5min bands by 30% ?
15:02 Mihir null : Out with my short trade.
15:03 Jitender : +1 Mihir
15:03 Shai : It’s fine
15:03 Shai : just fri vol at supply and expiry fri
15:03 Jitender : k
15:03 Shai : 10550 should come once
15:03 Shai : 10520 better
15:04 Uttam : today’s singles that is Shai?
15:04 Azmath : congratulations Mihir
15:04 TP : Shai similar BN levels on downside.
15:04 Shai : supply band has shown lots of supply
15:04 Uttam : sellers having the upper hand here
15:04 Mihir null : Azmath Bhai. Thank you.
15:04 Uttam : yep and close is in their favour even that 1.6L is in the money now
15:04 Shai : 26110 BNF
15:05 TP : tks.
15:05 Shai : Our first seller profitable now
15:05 RK : HE didnt allow 30 point behind him 🙂
15:06 RK : seems kept the pressure
15:06 Shai : 10625 is 146K
15:06 Mihir null : Shai will he be a short term guy? The big swller5
15:06 Shai : 10605 is 161k
15:06 Shai : yes the 50 pointer guy
15:07 Mihir null : Riding profitable pes then
15:07 RK : entire breakout retraced
15:07 Shai : 53 on that PE
15:08 HK : nice spike down
15:08 Mihir null : Hk: Nice exit at 630
15:08 HK : I shorted at 630
15:09 Shai : +1
15:09 HK : extn handle tested on same day is scary for bulls ma
15:09 HK : this is 10240 mkt
15:09 Shai : looks like 550 today itself
15:09 Mihir null : Swing longs and now shorts too.
15:10 HK : 8 days of selling, 2 days of pull back and distribution and then take down once all longs are in
15:10 RK : only NF came down..BNF stayiing
15:10 HK : BNF has some news
15:11 janak : crazy fall in NF, bnf didn’t move even 20 pts!
15:11 Shai : arre 80 points
15:11 Praneeth : usdinr 40 p down from morning highs
15:12 Shai : yes tend day down
15:12 janak : that was a laboured 80 pts
15:12 Shai : also open drive
15:12 janak : so we gap up again on Monday
15:13 RK : poc still down 10565
15:13 RK : 2IB move..so doubt about gap up
15:17 Praneeth : shai, any view on usdinr for today?
15:17 Praneeth : still downside pending?
15:19 janak : 100% gap up and we are in bull mkt again. buy on dips
15:19 Shai : swing supp 67.60 next 1 after 67.83 broken
15:19 HK : bulls/bears/option writers all are confused now
15:19 Uttam : some of the greens in that 10600pe seem to have booked out Shai?
15:20 Jitender : HK..look at buyn in last 7 mins…no confusion fr them
15:21 Shai : yes Uttam
15:21 janak : fall to 580 was bought
15:21 Shai : last week close was also here
15:22 Jitender : FII went 54%+ net long…mkt tanked…tey went 54% net shrt ..mkt bounced 200 points
15:22 janak : we gap up around 10650 and quickly move to 10700
15:23 RK : bullish close
15:23 RK : bulls in control
15:23 HK : last 15 misn moves are deceptive IMO
15:24 RK : but day structure wise bulls in control HK
15:24 Uttam : yes RK and that BNF not dipping was a further clue
15:24 Jitender : phew..finally +0.10 (15:20) Jitender : HK..look at buyn in last 7 mins…no confusion fr them
15:24 Uttam : super Jit so done for double khmaba today 🙂
15:25 Jitender : no khamba fr next 1 week..punishment
15:25 Boppanna : Shai reprt “The settlement day rollover volume point is at 10632 F and 10603 F.” and we are in the same zone now
15:25 Uttam : yes Bopanna interesting expiry week looks like
15:25 Uttam : RK Fri-Mon same? change from Tues?
15:26 Jitender : Uttam…tey hammered usdinr also
15:26 RK : looks like Uttam..but have to ask what is trend for him now
15:26 Uttam : so all the more good for banks now?
15:26 RK : *ask Kris
15:27 Jitender : n crude below 78
15:28 RK : and Trump might go friendly with Kim this weekend..cant trust these guys..finish everything in one tweet or memo 🙂
15:28 Jitender : Uttam…looks like a dii show
15:28 Boppanna : Monday US holiday
15:28 Jitender : Rk…we did today despite Trump
15:28 Uttam : oh so one more reason for rise to continue 😉
15:28 RK : yes Jit
15:28 Uttam : yes Jit could be yesterday laso they were huge buyers
15:28 janak : expiry around 10800 – as per chart
15:29 Praneeth : Thanks shai – Shai : swing supp 67.60 next 1 after 67.83 broken
15:29 Uttam : 1L seller at close
15:29 Uttam : but 70k buyer also with him
15:29 Shai : what can Kim do now? The bugger sent so mant demos that his ase was destroyed
15:29 TP : US mkt closed Monday so bulls /locals play on Monday.
15:29 Jitender : all in hindsite….but fri close at 500 & all expectn selln at 520…theese buggers took it up
15:29 Shai : Bye all
15:29 Jitender : bbye all
15:29 TP : Bye All.
15:29 Shai : Have a nice evening and a good weekend
15:29 Ankush : bye all
15:29 Ankush : have a great weekend
15:29 Uttam : thanks All 🙂 have a lovely weekend
15:31 Gaurav : Shai is there a webinar tomorrow that you were mentioning?
15:39 Uttam : no Gaurav that would be next week
15:44 Santosh : tues or Wed as Shai mentioned in the morning
16:19 Gaurav : ok, thank you
09:42 Jatin : shai bob results tdy
09:43 Jatin : can rise as all psu banks have been doing after results
09:43 Jatin : 150 call is good risk reward
09:47 Jatin : also pnb moving
09:48 Shai : +1
09:49 Shai : yeah these results have become a comedy show 🙂
09:49 Sandesh : shai sir, veiw on vedl please
09:49 Gaurav : Speaking of results today is IDBI I think. Looking at this pattern can add for 74-76?
10:18 Sandesh : sir, veiw on HPCL please
10:22 Gaurav : Shai Bajaj Finance can head to 2200 this series?
11:38 Gaurav : MCX firing. buy here Shai?
11:43 Shai : VEDL at a swing supp 240
11:43 Shai : shoukd give a bounce from here
11:43 Shai : goo RR for a counter trend trade
11:44 Shai : 69.7 destinaton trade IDBI and 1st obj
12:26 Sandesh : thank you sir
12:29 Shai : hpcl 274 zone holding and may attempt a bounce
12:29 Shai : 294/ 305 likely
12:30 Sandesh : thank you sir
12:30 Shai : Like Bajaj Finanance above 1970
12:30 Shai : 2155 objective was hit earluer fr the month. Looking to consolidate
12:31 Shai : maybe one more week in smae zone
12:31 Shai : MCX jeaded to827. sl below 770 closing today
12:45 Gaurav : Thanks Shai
14:11 Gaurav : What move MCX
14:23 Shai : +1
15:13 HK : Shai, sun pharma results today, any buying there at the lows
15:18 Shai : not very heavy
15:18 Shai : minor greens