Tag: BankNifty Futures

Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.

Order Flow is the most transparent way to trade and takes away the guesswork from decision making.

NF

 

 

 

 

 

 

 

BNF

 

 

08:40   Vtrender Live : (08:37) Vtrender Live: option charts – https://join.me/162-889-054
(08:40) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/978941725

08:52   Shai : (08:52) Shai : https://vtrender.in/market-profile-analysis-dated-5th-nov/

09:38   Shai : (09:38) Shai : Intra – Buy Nifty 10605 sl of 10585 tgt 10640

09:47   Shai : (09:47) Shai : Hold NF with new SL of 10576

10:51   Shai : (10:51) Shai : Make exits in the NF longs . Stop triggered

11:17   Shai : (11:16) Shai : Intra – Short BankNifty 25860 sl of 25935 tgt 25720.

11:39   Shai : (11:39) Shai : Make exits in the BNF trade at 25863 here just around cost. There is no movement today yet.

12:49   Shai : (12:48) Shai : Intra – Buy BankNifty 25910 sl of 25840 tgt 26023.

13:40   Shai : (13:40) Shai : BNF trade stopped. Make exits

14:33   Shai : (14:32) Shai : Intra – Buy 10600 ce at 136 sl of 118 tgt 170

14:51   Shai : (14:51) Shai : Book the 10600 ce at 140 here

15:01   Shai : (15:01) Shai : Buy NF 10558 sl of 10528 tgt 10595

15:23   Shai : (15:22) Shai : Move out of the NF long trade.

 

 

08:37   Vtrender Live : option charts – https://join.me/162-889-054
08:40   Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/978941725
08:51   Shai : GM all
08:52   Shai : https://vtrender.in/market-profile-analysis-dated-5th-nov/
08:52   Jagadish : Very GM Shai
08:53   Shai : 10590 and 10530 are the 2 ref areas for the open of today/ Eyes would be on how it behaves at 10590 off open
08:53   Shai : 10630 expected on a break above 10590
08:54   Shai : watch for a larger move t0 10710 if 10630 is crossed later in day
08:55   Shai : below 10530 we can see more liquidation of longs and a trip to 10486 and 10468
09:03   Ravi : HI good morning to all
09:03   Ravi : @shai good morning sir
09:04   Mayuresh : hey
09:04   Mayuresh : I am new here
09:04   Mayuresh : confused!
09:04   Jitender : Gm Folks :0
09:04   Jitender : 🙂
09:05   Jitender : wc Mayuresh
09:05   Jitender : hope u have gone thru the videos in welcome kit…tat wud help u figure things out
09:08   Shai : Balanced profile of yesterday and POC of Friday is where the auction is context wise this morning
09:08   Kathir : GM shai all
09:10   Shai : BNF was a spike 25773 to 25873
09:10   TP : GM All.
09:10   Uttam : Good Morning All 🙂
09:16   Himanshu : gm all
09:16   Uttam : BNF above yesterday spike
09:17   Dr Prajwal : gm all
09:18   Kris : Good Morning All 🙂
09:18   Kathir : hi Kris. welcome
09:18   Dr Prajwal : FA at the lows??
09:19   Kris : GM Kathir!
09:19   Uttam : NF has a multiday FA at 10516
09:19   Uttam : 1atr comes to that vpoc of 10680
09:21   Shai : Morning Kris .Welcome back!!
09:22   Kris : Thanks Shai.
09:23   MJ : Good morning everyone.
09:23   Shai : Vol dipping already
09:23   Shai : looks like a quiet session ahead
09:24   Ravi : @shai did u mean its range bound
09:25   Kris : @Shai – Can you give me 26100 expiry on BankNifty – If that is in range of quiet day for you – I have no problem 🙂
09:26   Uttam : hi Kris 🙂 thanks for that level, I am also with you for that today
09:27   Kathir : uttam add 290 of suyogs from yesterday close – you guys are there
09:27   MJ : Kris 🙂
09:27   Uttam : yes Kathir & same from today’s low also 🙂
09:27   MJ : Turn it up.
09:28   Kathir : 🙂
09:29   Pradeep : Uttam, 26100 CE for today exipiry is Rs 4.50. Is it worth trying?
09:30   RK : GM SHai and all
09:31   Manish : GM everyone
09:33   MJ : Pink band in 5 min.
09:33   MJ : Anyone planning to get it away?
09:34   Kris : @Uttam, @MJ – those smileys – “improbable” / “same side” – Option A or B? 🙂
09:34   Manish : OAIR again today ?
09:34   MJ : I want diwali rocket of 26k @Kris.
09:35   Uttam : my option is go with the expert 😉 so am with you Kris 🙂
09:35   Manish : for BNF
09:35   Manish : and OAOR for NF ?
09:35   Uttam : we are above yesterday spike Manish
09:35   MJ : OAOR Manish.
09:35   abhishek sharma : so what is the market mood uttam
09:35   Himanshu : for BNF mihir?
09:36   Uttam : both look like open test drive up but vols not as good as it needs to be for a drive
09:36   abhishek sharma : can we see more spike in bank nifty
09:36   Uttam : Market in Diwali mood 🙂
09:36   MJ : Lol
09:36   abhishek sharma : ha ha ha
09:37   Kathir : As of now killing option premium mood 🙂
09:37   MJ : Uttam just ensure we stay above pwh
09:37   MJ : throughout the day.
09:37   MJ : Or major time 😛
09:38   Uttam : 26k red at 25915 in BNF
09:38   Shai : Intra – Buy Nifty 10605 sl of 10585 tgt 10640
09:43   Ravi : @shai bought 525 -10606
09:47   Shai : Hold NF with new SL of 10576
09:47   Shai : will give oursleves a better fillter around 10590
09:48   Shai : trade view is long abv 10590F
09:52   Shai : still no greens here
09:53   Uttam : 77k red at lows in this 5 min
09:53   Uttam : can get stuck?
09:53   Shai : NF has to find a way to move abv 10603 quickly
09:57   Abhishek : charts are lagging
09:58   Kunal : 10585 is poc from day before yesterday, that’s the stop loss logic?
09:58   Uttam : that stuck seller in NF gives a vwap touch
09:59   Kunal : and if one saw heavy reds there as it broke, can we take stop and reverse for short until the yVAH? is that sound?
10:00   Shai : yes – (09:08) Shai : Balanced profile of yesterday and POC of Friday is where the auction is context wise this morning
10:00   Shai : are charts fine?
10:00   Uttam : yes
10:00   Shai : k
10:01   MJ : Shai another day of rotation?
10:01   Shai : yes
10:01   Shai : BNF may attempt 760
10:02   Kunal : yVAH at 760 is the logic?
10:02   Kunal : for bnf 760?
10:02   Shai : spike rules
10:02   Kunal : ok
10:03   Shai : (09:10) Shai : BNF was a spike 25773 to 25873
10:03   Rajiv : With PCR 10600 at .5. where are the odds
10:04   Uttam : @Rajiv it is still early days in this series & option writers could be still in the process of building their positions
10:04   Uttam : so would be better to take those references from next week onwards
10:22   Uttam : both setting into an OAOR so guess not doing anything for the first part of the day
10:23   Uttam : NF same range as yesterday for IB which is 52
10:23   Uttam : BNF just 125 point range since morning
10:25   TP : what a boring morning 🙁
10:26   Uttam : yes Tej, NF range was the lowest in 2months yesterday but looks it wants to beat it today 😉
10:26   Uttam : RK you there?
10:26   MJ : Tej I’ve called bots.
10:26   MJ : Hope they come on time.
10:26   TP : yes need them 2 rounds coffee already done .
10:27   Uttam : they must also be in Diwali mood
10:27   MJ : 35 pt value area.
10:27   MJ : for morning round. na munna na.
10:27   MJ : Lets break this.
10:32   Uttam : C making a double inside bar so far
10:33   MJ : How is the ADS anyone?
10:34   abhishek sharma : what does this pink circle represents shai
10:34   Ravi : @shai holding NF..with SL at 10576
10:38   Uttam : BNF C going above B period
10:38   MJ : ssssh! uttam
10:39   MJ : above 905 only
10:40   MJ : Trying too hard 🙂
10:44   MJ : Uttam 33 point value area now toh.
10:44   Shai : OAOR open
10:44   Shai : volumes even worse
10:44   MJ : Chief. Love these days 😀
10:44   Uttam : yes Shai
10:45   MJ : Rotate rotate rotate1
10:45   Shai : we would get a move later post noon and will keep a long bias as long at 10575 holds here
10:45   MJ : +1 chief.
10:45   Shai : effort is being made to grind out the supply above 10590 seen on friday
10:45   Shai : sellers make a comeback by breaking 575 now
10:46   MJ : Bnf needs to let go. Also thanks for the comments to keep us awake.
10:51   Ravi : @Shai my Sl got triggered
10:51   Shai : Make exits in the NF longs . Stop triggered
10:52   Sumit : now NF for 534 ?
10:56   Uttam : 10571 low in NF
10:56   Uttam : yesterday high & Friday IBL
10:57   Kathir : @ uttam the Pband guy exited ? any evidence
10:58   Kathir : bnf 26k at top
10:58   Uttam : don’t think so Kathir as no covering seen so far
10:58   Uttam : no big greens also
10:58   Kathir : ok
10:59   Uttam : below 10570 if NF sustains can got for that yPOC of 10539
10:59   Uttam : NF making a 3day composite
10:59   Uttam : so can fill up these low vol zone today
10:59   Uttam : BNF still in yesterday’s spike
11:00   Uttam : big writing happenign in 25900ce
11:00   Uttam : hppe these writers are not forced to puke
11:00   Shubro : hehehe
11:00   Uttam : almost 10L addition in OI today
11:02   Kathir : premium in bnf widened 100 +
11:10   Kathir : bnf holds with hdfc bank only..
11:11   MJ : Or moves? 🙂
11:16   Shai : Intra – Short BankNifty 25860 sl of 25935 tgt 25720.
11:23   Manish : Uttam, MJ, in 5 min BNF it says open = 25858.90 but in MF chart open is around 25820.
11:27   MJ : Is it me or option bid ask is all over the place?
11:28   MJ : open was 824.7
11:29   Uttam : open is same both places Manish
11:29   Ravi : @shai shorted 25700ce -400quantity as today is xpiry as per short call bnf given
11:29   Uttam : you saw the close price I guess which is the LTP
11:31   Uttam : probable FA in NF at lows
11:35   MJ : Uttam check nf low total 🙂
11:36   Uttam : got rejected from below 10570, that is good enough 🙂
11:39   Shai : Make exits in the BNF trade at 25863 here just around cost. There is no movement today yet.
11:39   Ravi : ok
11:39   Shai : we will stay preserved for the afternoon move
11:40   TP : Shai views on that 258k combo at 108 , looks cheap ?
11:41   TP : vix based expiry range still got around 150 point move
11:41   MJ : How much suyog wants to move?
11:42   TP : his range was 290
11:42   Uttam : 26100 getting Mihir?
11:42   MJ : Bots…..
11:42   Kathir : tomorrow trade time – 5.15 pre open. 5.30 to 6.30 PM
11:42   Uttam : thanks Kathir 🙂
11:43   Kathir : Wc uttam 🙂
11:43   MJ : I want that too Uttam. Let’s see. I am rotating since morning in NF. Better range move.
11:43   MJ : PDH vwap all aligned dpoc at 890 above that you know what happens. 🙂
11:44   TP : tomorrow trade time is 18:30 to 19:30 ?
11:45   Uttam : 1:42 Kathir : tomorrow trade time – 5.15 pre open. 5.30 to 6.30 PM
11:45   Uttam : Tej
11:45   TP : let me check on nse site
11:48   TP : tks Kathir for correct timings.
11:48   Kathir : wc tej
11:52   abhishek sharma : how many people r planning to trade tomorrow
11:52   abhishek sharma : on muhrat trading
11:53   Manish : muhrat trading means we should do atleast one trade 🙂
11:54   Kathir : Manish – hope this is not AJ s rule 🙂
11:54   Kathir : order
11:55   Kathir : @ uttam. so bnf everyhting inside A till now ?
11:56   abhishek sharma : IB is very small any thing can happen
11:58   Manish : kathir, I am not superstitous but good to do one trade tomorrow. Who is AJ ???
11:58   Uttam : yes Kathir last 3 30min candle highs at 25890
11:58   MJ : One who put LTCG Manish 😉
11:58   Kathir : lol
11:58   Uttam : time for a DD is now but looks like all gone home for Diwali
11:59   Kathir : Arun Jaitely manish
11:59   MJ : Kathir don’t take his name sssshh!
11:59   MJ : I might need to exit longs.
11:59   Kathir : ok
11:59   MJ : Just some fun kathir 🙂
11:59   Uttam : vix falling
12:00   Kathir : yes Mihir 🙂
12:00   Kathir : 19.48 vix also has open high
12:03   MJ : Both bnf nf breathing under those vpocs.
12:07   Kathir : 13 k red bnf at vwap ? 30 mins
12:15   Kathir : @ uttam . vix 18.5 – sd3 bands not even 100 – 25875-25917. vwap inbetween. what can we expect from here ?
12:15   Shai : Not much happening on screen. How are you guys doing? 🙂
12:15   Shai : #coffeetime
12:15   Uttam : reading todays newspaper Shai 🙂
12:15   Himanshu : wishing evryone diwali.. 🙂
12:15   Kathir : shai rare to see bnf sd3 less than 100 with vix 18.5
12:15   Uttam : plan to play a fifa football game after this 😉
12:15   Shai : 🙂
12:15   MJ : Shai finished 3x with rotation.
12:16   MJ : Busy day.
12:16   Shai : +1 MJ
12:16   Himanshu : cool mihir
12:16   Kathir : Mihir always on target..irrespective of open type or day type 🙂
12:17   MJ : I am anticipating big bill from my broker.
12:17   MJ : But happy diwali to him too.
12:17   MJ : Thanks chief.
12:17   Uttam : 25800ce showing signs of some life
12:17   MJ : Chief I asked few profilers about their fav day. What is your fav day?
12:18   Shai : Mine is trend day
12:18   Shai : 😉
12:19   Uttam : lol Shai 🙂 #metoo
12:19   Shai : consider it to be a blessing is that day comes 🙂
12:19   MJ : I need to fix my exits on trend day.
12:19   Shai : eyes on the 25800 ce
12:19   Shai : is showing greens again
12:20   Shai : 70 in it
12:20   Shai : eagle eyes – (12:17) Uttam : 25800ce showing signs of some life
12:20   Shai : gor there before me
12:21   Uttam : 🙂 all learnt from you only Shai
12:23   MJ : +1 chief
12:23   Uttam : 25890 ledge in BNF
12:24   Uttam : needs to sustain above it BNF
12:25   Uttam : yesterday NF made a record for lowest eange in 2months & looks like BNF wants to copy NF now
12:28   Shai : Cheers Man- (12:21) Uttam : 🙂 all learnt from you only Shai
12:28   Shai : that 25800 ce guy is playing 53 to 61
12:28   Shai : 110k again long after that 102K red
12:29   MJ : He is a biggie rotating.
12:29   Sandesh : (12:28) Shai : that 25800 ce guy is playing 53 to 61>> more than an hour.. trading in this range!
12:30   Shai : yes
12:30   Shai : 61 again
12:30   Shai : red moved to 122 so again he booked
12:31   MJ : with him.
12:31   MJ : To the T.
12:31   Shai : 67.70- (12:19) Shai : eyes on the 25800 ce(12:20) Shai : 70 in it
12:32   Uttam : super Shai traded that from 53 to 60 & 64
12:32   Kathir : 13 k green at top uttam .. SL oreder ?
12:32   Shai : +1
12:33   Uttam : yes looks like Kathir
12:33   MJ : (11:43) MJ : PDH vwap all aligned dpoc at 890 above that you know what happens. 🙂
12:33   Uttam : 68.95 high so far in that CE
12:33   Shai : smaller range days give you 2 choices. Either you stay out or you trade small and quick with big sizes
12:33   Uttam : +1 Shai
12:34   MJ : Shai I traded 56 100% qty out 61. Picked at 57.6 out at 65.
12:34   MJ : Did two trades.
12:34   Ravi : @shai how to know thatt day is with smaller range
12:34   MJ : I am in that and 25700 since morning
12:34   Uttam : volumes Ravi
12:34   Ravi : ok @uttam Tq
12:34   Uttam : boom
12:35   MJ : 91 coming there.
12:35   Uttam : that CE can tag 80+
12:35   Boppanna : +1 Shai and not to be greedy and sin by chasing price even on one trade..
12:35   MJ : Wisdom words Bopp.
12:35   Uttam : (12:17) Uttam : 25800ce showing signs of some life
12:36   Uttam : 20 points in 20 mins
12:36   MJ : Truly a team work this room is.
12:36   MJ : Cheers everyone!
12:36   Uttam : Cheers Mihir 🙂
12:37   MJ : OAOR OAIR gives superb hit and run trades.
12:37   RK : any news around corner today? I mean scheduled events?
12:38   Uttam : (12:35) Uttam : that CE can tag 80+ ….Done
12:38   Uttam : 79.8 high so far
12:38   MJ : 50% out 78.4
12:38   MJ : Last trade 71 picked 🙂
12:38   Uttam : RK some election in US na
12:39   MJ : mid term election.
12:39   RK : our mkt time event?
12:39   Uttam : no idea about that
12:39   MJ : Do you sense something RK?
12:40   RK : ok let me check
12:40   MJ : in the Tape?
12:40   Uttam : RM was our go-to man for all this
12:40   Uttam : NF time now to confirm that FA
12:40   RK : no Mihir
12:41   Uttam : 25800pe neing written now
12:42   Uttam : that 25800ce reversing from that 79.8
12:43   Prudhvi : (12:39) RK : our mkt time event? Result will be out tomorrow morning.
12:43   RK : tks Prudhvi
12:43   Uttam : but tom we have a holiday here
12:43   Uttam : day after also
12:43   Uttam : only Mahurat trading tom in the evening
12:43   RK : yes
12:45   Uttam : RK post Diwali we can get a good move away in both NF & BNF?
12:46   Uttam : BNF had a ledge at 25890 so smoothening that out now?
12:48   Uttam : (12:40) Uttam : NF time now to confirm that FA?
12:48   Shai : Intra – Buy BankNifty 25910 sl of 25840 tgt 26023.
12:49   Uttam : nice Shai holding 26k CE from 10 as hero ye zero trade for today
12:49   Shai : NF also good for 10640 agaion
12:49   Shai : same morning trade
12:49   Uttam : yes lets get that FA at 105662 confirmed
12:54   Uttam : BNF just like yesterday makes a new hgih but showing poor highs on profile
12:59   Ravi : @shai holding BNF longs
13:00   RK : Uttam ATR shrinking..lets see ..need vols or gap else back to 450/400 (12:45) Uttam : RK post Diwali we can get a good move away in both NF & BNF?
13:01   Uttam : yes RK but could be because of holidays this week? From Friday we may get back to our century stands in NF?
13:04   Kathir : uttam another pink band at top bnf ?
13:04   Uttam : its that 22k red which came at 25930
13:05   Uttam : 25880 is vwap plus green band so can be looked as support
13:05   Kathir : ok
13:21   Ravi : @shai can we wait for longs
13:22   Uttam : yesterday BNF gave a wide POC at 25720 & today building one up at 25890
13:25   Manish : MJ : I am anticipating big bill from my broker.; MJ, Kotak Securities has free ID plan. Unlimited trades.
13:26   MJ : Thanks manish. Will be moving to one of them in next series 🙂
13:27   Uttam : that 25800ce makes a new day low inspite of BNF staying above vwap, expiry action in play
13:27   Uttam : sorry not a new low but almost one 46.2 & 47.45
13:31   MJ : Do you trade with it Manish?
13:34   MJ : Uttam last hour you giving 26100?
13:34   MJ : I will finish a small work and come then.
13:35   Uttam : if it was in my hands would have done it now only closed all postions & gone for Diwali 😉
13:35   Uttam : but yes lot of time left so PLR to up only
13:35   MJ : Lol
13:36   MJ : Someone needs to get into USDINR.
13:36   Kathir : lol. we need your presence for whole day uttam
13:37   Uttam : now 25800pe showing some vol build up at lows
13:40   Shai : BNF trade stopped. Make exits
13:42   Shai : expiry move
13:42   Shai : all longs cornered below vwapo
13:44   Shai : 720 doable
13:44   Uttam : (13:37) Uttam : now 25800pe showing some vol build up at lows…from 30 to 67 in 12 mins
13:45   Shai : still teds
13:45   Shai : reds*
13:46   Uttam : that 25800pe can do 100/124?
13:46   Uttam : 20k green at lows in BNF
13:46   Uttam : another 40k at 25820
13:46   Uttam : BNF has a FA at highs today
13:47   Uttam : 25940
13:47   Shai : first gtreens at 755
13:47   Uttam : big reds in NF also Shai in this vwap break?
13:47   Shai : yes
13:47   Shai : longs caught off guard
13:48   Uttam : (13:46) Uttam : that 25800pe can do 100/124? 101 done
13:49   Sandesh : whatta blow.. 25K Pe, in @ 24 out @ 42
13:49   Uttam : (13:27) Uttam : that 25800ce makes a new day low inspite of BNF staying above vwap, expiry action in play…this was first sign that CE made hgihs for the day
13:49   MJ : Baba! 🙂
13:49   Sandesh : Joshijiiiiiiiii.. 🙂
13:49   Uttam : (13:37) Uttam : now 25800pe showing some vol build up at lows
13:50   Uttam : 124 here in that 25800pe
13:50   Uttam : 30 to 124 in 18 mins
13:50   Shai : 729- (13:44) Shai : 720 doable
13:50   Uttam : 123.05 high sorry so far
13:51   Shai : was too quick for an SAR but would have helped recover
13:51   Shai : congrats to all who did
13:51   Uttam : above 125 that 25800 pe can go till 180+
13:51   MJ : 680?
13:51   MJ : now.
13:51   Shai : 658 is 720 goes
13:51   MJ : +1 chief.
13:52   Uttam : 25680 coming looks like
13:52   MJ : Baam baam! (13:36) MJ : Someone needs to get into USDINR.
13:52   Sandesh : Joshiji.. 10400 Pe…..
13:53   MJ : Added at 610 ref.
13:53   Sandesh : 🙂
13:53   Uttam : (13:51) Uttam : above 125 that 25800 pe can go till 180+ Done this also
13:53   Uttam : (13:52) Uttam : 25680 coming looks like…Done
13:53   MJ : Ayeeee
13:54   MJ : Superb.
13:54   Uttam : 30 to 200
13:54   TP : 200 on that 258k combo
13:54   Uttam : poor 25800pe wrtiers got squeezed royally looks like?
13:54   Uttam : nice Tej did you take that?
13:55   TP : no gave it too some groups in WA 🙂
13:55   MJ : Dollah dhi. Pe hints by uttam. All happens in front of you.
13:56   MJ : Neutral Center?
13:56   MJ : Uttam?
13:56   Uttam : that 25800ce losing premium so fast also was signalling end of upmove Mihir
13:56   MJ : +1 Uttam.
13:56   Uttam : we can get a DD in BNF
13:57   Uttam : 3-day balance in both so close can happen anywhere but looks we can move away from this balance from Friday
13:58   MJ : 45 degree playing Azmath?
13:58   Uttam : 25490 is 1atr from today’s FA of 25940
13:58   Uttam : just need to interchange the numbers 😉
13:59   MJ : One touch vwap? NF?
13:59   Uttam : 25808-25658 was the balance of the 3-1-3 2day composite in BNF & once it wwnt below 2580 that move to VAL was quick
13:59   Uttam : 25808*
14:00   Uttam : BNF extension handle today at 25805
14:00   MJ : Nope
14:00   MJ : Looks tough.
14:01   Favi : b\ig buying bnf?
14:01   Uttam : no FAvi these could be the reds covering as we had some big reds from open today
14:02   Favi : ok tnks
14:02   Uttam : if you see the red & green intent lines they are kind of merging now
14:04   Uttam : Suyog’s range done on the downside & gave a bonus of 15 points
14:06   Uttam : (10:59) Uttam : below 10570 if NF sustains can got for that yPOC of 10539(10:59) Uttam : NF making a 3day composite(10:59) Uttam : so can fill up these low vol zone today(10:59) Uttam : BNF still in yesterday’s spike
14:06   Uttam : NF low 10532
14:07   Uttam : BNf below spike low of 25783 got faster move down
14:13   Ravi : @uttam any chance of going up BNF
14:13   Favi : ref?
14:20   Shai : 25775 supply BNF
14:20   Shai : is making a DD
14:21   Shai : Buy 25600 pe at 29 sl of 6. Lottery
14:23   Shai : doubles -58- (14:21) Shai : Buy 25600 pe at 29 sl of 6. Lottery
14:24   Uttam : +1 Shai
14:24   Abhishek null : 25600 pe is above 400
14:24   Uttam : failed moves give faster moves in opposite direction
14:24   Boppanna : Too quick to catch that
14:24   Shai : yes been quick since buyers lost control
14:25   Shai : such a poor job by buyers today
14:25   Uttam : 25490 can come today Shai in BNF?
14:26   abhishek sharma : what r u saying uttam r you sure that it can come
14:26   Shai : 35 k buyer at lows
14:26   abhishek sharma : to this level
14:27   Uttam : (13:56) Uttam : we can get a DD in BNF…looks like DD in NF too
14:27   abhishek sharma : what is DD
14:27   abhishek sharma : drop down or what?
14:27   Boppanna : @Abhishek the trade was on weekly expiry 14:24 Abhishek n: 25600 pe is above 400
14:28   Uttam : its a marlet profile type of day
14:28   Uttam : reading those links will give you such a good base Abhishek
14:28   abhishek sharma : which links can u plz mail me
14:28   Uttam : it will save you so much of time & you will be able to figure out these thinkgs by yourself
14:29   abhishek sharma : at abhishekingorakhpur@gmail.com
14:29   Uttam : already mailed to you, its in the firts mail
14:29   abhishek sharma : ok
14:29   abhishek sharma : i will check today
14:29   abhishek sharma : by the way I have taken the put of 25600 at 3 Rs
14:30   Uttam : _/\_
14:30   abhishek sharma : 25 lots
14:30   Shai : Go through here – https://vtrender.com/what-is-the-market-profile/
14:30   Uttam : keep booking out & hold few without SL so that you do not lose money on that
14:30   abhishek sharma : hopeng that it will go more than 100
14:31   Uttam : please do not trade on hope Abhishek 🙂
14:31   abhishek sharma : already booked 50% at 55
14:31   Shai : 🙂
14:31   Uttam : yes that super
14:31   Shubro : Abhishek i started that way. Best way to donate money. 🙂
14:31   Uttam : nice trade +1
14:31   abhishek sharma : i am not as genious as u gys
14:32   Uttam : simple money management rule Abhishek
14:32   abhishek sharma : i dont know market profile well
14:32   Uttam : try to make your trade safe as early as you can
14:32   Uttam : expiry day so premiums will vanish just like that
14:32   Shai : Intra – Buy 10600 ce at 136 sl of 118 tgt 170
14:33   Uttam : 45% in NF Shai?
14:33   Uttam : dpoc still at 10592
14:33   Shai : looking for 10590 again
14:33   Uttam : +1
14:35   Uttam : 10600pe tags yesterday vwap of 212.6 & reverses
14:36   MJ : Uttam.
14:36   MJ : Now vwap looks like 😛
14:37   MJ : Extension handle at and around vah and we did 80% of yest value area. pdl didn’t break and we got buyers at low. Perfect launch pad.
14:38   MJ : The more you observe and spend time with MP the more you fall in love with it.
14:39   Azmath : +1
14:40   Manish : +1
14:51   Shai : Book the 10600 ce at 140 here
14:51   Shai : BNF has got tied up
14:59   Shai : late move in NF?
15:01   Shai : Buy NF 10558 sl of 10528 tgt 10595
15:02   Uttam : BNF can tag 25800 Shai?
15:02   Shai : let’s see if this late burst has it for 595
15:02   Shai : yes 25775-806 BNF
15:03   Uttam : thanks Shai
15:15   Uttam : NF willing but BNF hell bent on retaining that DD
15:19   Gaurav : Should we carry or book out?
15:22   Shai : Move out of the NF long trade.
15:23   Shai : Aggressives can carry and book at opening belll tom evening
15:24   Shai : We won’t be Live for the Mahurat session tom as the time period creates a situation for our charts when it falls outside regular hours
15:24   Shai : Wish you all lots of festivities and a relaxing hoilday with your families
15:25   Shai : will catch up Fri
15:25   Uttam : oh ok Shai +1
15:25   Himanshu : happy diwali shai…
15:25   Gaurav : wish you all a happy Diwali
15:25   Uttam : thanks so much & Happy Deepawali to all & their families _/\_
15:25   Eric null : wishing you all very happy Diwali
15:25   Himanshu : wish u all and their families a very happy diwali..
15:26   TP : Happy Diwali Shai and entire VT team !!
15:26   Sumit : Happy Diwali to all
15:26   Shai : Happy Diwali again to all of you wonderful guys. Stay safe . Spread cheer.
15:28   MJ : happy diwali everyone. Have a super festive days ahead.
15:29   TP : Bye All.
15:29   R Goel : Happy diwalo everyone
15:29   R Goel : bye all
15:30   Uttam : thanks All 🙂 have a lovely time with families & lets get back after a good Diwali break
15:30   Manish : Happy Diwali to everyone
15:32   Upendra : Happy Diwali to all, see you all

 

 

09:42   Kathir : @ mihir SBI 290 again .
10:09   TP : Shai swing views on Coal India.
10:43   Shai : 260 and 263 good support for short term in coal india but the auction needs to cross above 267 for 275 again
10:43   Shai : above 275 is a big winner
10:43   Shai : as short covering emerges
10:43   TP : tks chief

Order Flow charts dated 6th Nov

Trading order flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade.

The way we see it is that Order Flow trading is a mindset. Well, instead of just looking for technical patterns, Trader should go a step further and think about what other market participants might do.

NF

 

 

 

 

 

 

 

BNF


 

08:55   Vtrender Live : (08:53) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/945322789
(08:54) Vtrender Live: option charts – https://join.me/300-467-592

09:03   Shai : (09:01) Shai : https://vtrender.in/market-profile-analysis-dated-2nd-nov/
(09:03) Shai : https://vtrender.in/monthly-and-weekly-charts-analysis/

09:15   Shai : (09:15) Shai : Overnight 10600 PE at 222. Book half and ride the rest at cost

09:17   Shai : (09:17) Shai : Book the 10600 PE fully at 213. Will review later

09:36   Shai : (09:36) Shai : Intra – Buy BankNifty 25656-660 sl of 25565 tgt 25785

09:40   Shai : (09:39) Shai : BNF 25713 . Book half and ride the rest risk free

09:46   Shai : (09:46) Shai : BNF 25740. Book fully the longs

10:04   Shai : (10:04) Shai : Intra – Buy 10600 pe at 202 sl of 188 tgt 230.

10:16   Shai : (10:16) Shai : Announcement- This is a change of schedule for the webinar of today and we will have to postpone it to next week. Will inform the dates. Apologise for the change in schedule but it was difficult to get it going at 4 today

10:32   Shai : (10:31) Shai : 10600 pe at 212. Book half an ride rest at cost

11:16   Shai : (11:16) Shai : Book the 10600 PE trade fully at 223 here

12:51   Shai : (12:51) Shai : Intra – Short BankNifty 25723 sl of 25801 tgt 25600 . Trade smaller size

13:01   Shai : (13:01) Shai : Book the BNF shorts 25695

 

 

08:53   Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/945322789
08:54   Vtrender Live : option charts – https://join.me/300-467-592
08:58   Shai : Good Morning all
09:00   Shai : Wish you all a very Happy Deepavali
09:01   Ravi : Good morning sir..New entry today
09:01   Shai : May there be plenty of Laxmi along with lots of good health and festivities from today onwards.
09:01   Shai : https://vtrender.in/market-profile-analysis-dated-2nd-nov/
09:02   Jitender : Gm Folks 🙂
09:02   Jitender : thank u Shai & wishin u a very happy Dhanteras & Deepavali
09:02   Jitender : wc Ravi
09:03   Azmath : HAPPY Dhanteras ALL
09:03   Shai : https://vtrender.in/monthly-and-weekly-charts-analysis/
09:05   abhishek sharma : hi good morning all and happy dhanterar
09:06   Ravi : Thank u @jitender
09:07   Shai : Ref zone for the open today is at 10590 . supports at 10534 and 10484. Review needed for a short bias above 10590 F with volumes
09:07   Abhishek null : Gm everybody
09:07   Uttam : Good Morning All 🙂
09:08   Uttam : thanks so much Shai & a very Happy Dhanteras to all VTians 🙂
09:08   Shai : BNF ref zone is still at 25900. Will get weak on open below 25775 but has support at 25659 for the open
09:08   Jitender : Happy Dhanteras to all here at VT 🙂
09:09   Shai : Welcome @Ravi to the VTR
09:09   Ravi : Thank u sir..
09:10   Kathir : GM Shai all
09:11   Upendra : GM all
09:12   TP : GM All.
09:14   Kris : Good Morning All
09:15   Dr Prajwal : good morning all
09:15   Shai : Overnight 10600 PE at 222. Book half and ride the rest at cost
09:15   Uttam : +1 Shai
09:16   Shai : tricky open near the single of Friday
09:16   Shai : 10484 or back to 10560
09:17   Shai : Book the 10600 PE fully at 213. Will review later
09:17   Manish : gm everyone
09:20   Jagadish : GM Shai
09:20   Jagadish : GM Everybody
09:25   Uttam : OAIR but both being accepted below Friday’s POC
09:26   Uttam : and have been sustaining below value too tough we have the Friday singles still there
09:26   Shai : BNF us weak
09:27   abhishek sharma : nifty has broken 1 st support
09:27   abhishek sharma : can we expect next level of 10484 to be tested
09:29   Shai : do you read the OrderFlow?
09:29   Shai : 46k green at the lows on that drop
09:29   Shai : requires more sellers to go down
09:30   Uttam : yes some buying coming in to defend those singles
09:30   Uttam : in NF
09:30   abhishek sharma : and what is this 1.25 lack sellers
09:30   Shai : shorts of Fri are booking parts
09:36   Shai : Intra – Buy BankNifty 25656-660 sl of 25565 tgt 25785
09:37   Shai : That is all rotational volume – (09:30) abhishek sharma: and what is this 1.25 lack sellers
09:38   Shai : in the 5 mins we don’t have 1 L qty anywhere
09:38   abhishek sharma : what is this rotational volume
09:38   abhishek sharma : i dont know
09:38   Shai : It forms when price stays at one point
09:38   Shai : please go through the videos
09:39   Shai : BNF 25713 . Book half and ride the rest risk free
09:42   Shai : Cmon BNF little bit more
09:42   Sandesh : @97 10300 Pe out at 110 and reentry @103 done
09:43   Uttam : both NF & BNF are good candidate for doing 80% today & expecially that POC of Friday can be tagged
09:43   Shai : hmm baba 🙂
09:43   Shai : POC is the big one today
09:43   Shai : P profile
09:44   Uttam : yes Shai
09:44   Manish : Shai : POC is the big one today; Friday’s POC ?
09:44   Uttam : yes Manish
09:44   Manish : thnx
09:44   Manish : uttam, very briefly what is 80% rule ?
09:45   Shai : Guys especially new comers I would love to answer all your questions and will do anytime, but typically all these newbie questions are answered in the videos we have. Sometimes it takes more than one sitting to fully grasp the subject, but do it. It will pay
09:46   Uttam : +1 Shai
09:46   Manish : thnx
09:46   Shai : BNF 25740. Book fully the longs
09:47   Sandesh : +1 shai.. super sir!
09:47   Shai : first red rectangle showed up
09:47   Boppanna : NF Shai 570 a pivot in NF/
09:47   Boppanna : ?
09:47   Shai : Cheers Sandesh
09:47   Shai : 590 is Bopp
09:48   Boppanna : Thx
09:49   Sandesh : Joshiji.. 10300 Pe low 6
09:49   Shai : 10600 pe got greens
09:50   Shai : pink band in NF
09:50   RK : GM SHai and all
09:50   Shai : Good exit in BNF ? – (09:47) Shai : first red rectangle showed up
09:50   Shai : read the OrderFlow – That is all there is
09:51   Boppanna : Perfect Shai…RS at pdvwap in NF?
09:51   Shai : yes RS in NF
09:51   abhishek sharma : which chart you see for orderflow shai
09:51   Ashish null : short at 61 out half at vwap. looking for 33
09:51   abhishek sharma : please tell me i think you see the first chart
09:52   Shai : yes 5 mins for intra
09:52   Shai : 30 mins for context
09:52   Ashish null : easy money with order flow. OF rocks
09:52   Shai : +1 Ashish
09:52   Shai : Cheers – (09:52) Ashish null: easy money with order flow. OF rocks
09:53   Shai : that green in 10600 pe is from 195
09:54   Ravi : nothing is easy @Ashish..its the years of experience of @shai making it comfortable
09:57   Kathir : OAIR uttam. so rotational till noon ?
09:57   Ravi : @shai can we think markets are range bound with in previous day value area
09:58   Abhishek : 80% rule applicable here?
09:58   Ashish null : +1 Ravi
09:59   Uttam : yes Kathir but till it stays below Fridays POC PLR will be to the downside, needs to get accepted in Friday’s Value
09:59   Uttam : NF is looking better for 80%
09:59   Uttam : BNF one touch of 25760 can come
09:59   Ravi : @Uttam where we can access MP
09:59   abhishek sharma : shai today is webinar na
09:59   Kathir : ok uttam.
10:00   Uttam : 2nd chart on the screen is the MP chart Ravi
10:00   Ravi : @Uttam Tq
10:02   Uttam : welcome Ravi 🙂
10:03   Ravi : Tq @Uttam
10:04   Shai : Intra – Buy 10600 pe at 202 sl of 188 tgt 230.
10:05   Boppanna : Shai can we have BNF options on screen today if possible?
10:05   Shai : we will ride this PE with those greens in the 10600
10:06   Ravi : @Shai i got at 106
10:06   Ravi : 206
10:08   MJ : Good morning everyone and Shai. Happy Festivities to all of you.
10:10   Sandesh : thanks and same to you Joshiji!
10:11   MJ : Baba! /\
10:12   Shai : on screen- (10:05) Boppanna : Shai can we have BNF options on screen today if possible?
10:16   Shai : Announcement- This is a change of schedule for the webinar of today and we will have to postpone it to next week. Will inform the dates. Apologise for the change in schedule but it was difficult to get it going at 4 today
10:16   Ravi : @Shai can u refer some books to go through for MP
10:16   Uttam : sure Shai no problem 🙂
10:17   TP : Better chief if next week , was hoping for the same 🙂
10:20   Uttam : yes Shai agree with Tej 🙂
10:21   Shai : +1
10:21   Ashish null : if possible make it for friday, this week or next week
10:23   Uttam : Shai the options screen, is it possible to contract it a little as not able to view the entire day’s range?
10:31   Shai : 10600 pe at 212. Book half an ride rest at cost
10:32   Shai : 10530 has to break for more downsides
10:32   TP : India PMI services index at 3 month high
10:33   Kunal : shai – your comment of break of 10530 is because there are singles below that in yesterday’s mp chart? am i reading it correctly?
10:34   Himanshu : 10530 is dval also?
10:34   Kunal : and also because today’s Bs are ending there and nf is coiling from A to B and now C?
10:34   MJ : +1 Kunal.
10:34   Kunal : ok…thanks
10:34   MJ : Nice observation.
10:35   MJ : Kris Good morning 🙂
10:36   Uttam : thanks Shai, options screen perfect now
10:36   Kathir : 10485 opn price of friday. objective beolow that ?
10:36   Uttam : yes Kathir as we have all singles below it so if 10530 breaks we can test that
10:37   Kathir : ok..dfended by 46k morning..has he exited uttam ?
10:37   Uttam : could be Kathir that last vwap break on 5min charts has good red delta with 16k red stuck at lows
10:38   Manish : uttam, understood break 10 10530 concept. Now if 10530 breaks, does it also have to be supported by OF ?
10:38   Kathir : 17k , ok.. see intend widening
10:38   Kathir : NF
10:39   Uttam : yes Manish if there are no greens if & when we break that 10530 it will add to that
10:39   Manish : ok. but if there are greens and it breaks, we do not take the trade. correct ?
10:40   Uttam : we take the trade anyways with SL above vwap but same time observe what effect those greens are having on the price
10:40   Manish : ok thnx
10:41   Uttam : that trade becomes more stronger once we break the IBL
10:41   MJ : Manish think of the Auction at 530 as demand and supply context. Who is doing better job? Buyer or seller. And you’d find your answer.
10:41   Uttam : BNF wants to tag 25760
10:41   MJ : +1 uttam
10:41   Manish : thnx Mihir
10:41   MJ : 820 will be good.
10:41   MJ : get me that.
10:41   Uttam : looks like ocnverting the Friday ‘p’ into a 3-1-3 today
10:41   Sandesh : lalchi
10:42   Abhishek : what is 3-1-3?
10:42   abhishek sharma : what does 3-1-3 means uttam
10:42   Uttam : it is a profile type where you have singles both at top & bottom with a balance in between
10:43   Abhishek : wasn’t friday 3-1-3?
10:43   MJ : A 3-1-3 profile has excess at 2 ends and a thick value area in the middle. It resembles the best example of a market trying to balance or remain range bound. The excess formed at the extremes makes it very difficult for the market to move out for a while and moves to the extremes are often sent back to the centre and then the other extreme. However when one extreme breaks it sets up a fast and furious move in the direction of the break.
10:43   Kunal : shai – finished reading mind over mkts in last week. very useful indeed. thanks for the suggestion
10:44   Uttam : NF getting resisted at 10557-560 band which was that tremnd day vwap of 17th Oct
10:44   MJ : WIP uttam 🙂
10:44   Kunal : only thing, I wished i’d read it before I joined the room. from my experience, I will say that in the initial days most things went over my head…this book helped
10:45   MJ : Mr Paul. Happy?
10:45   MJ : BNF dhi.
10:45   Sandesh : +1 🙂
10:48   Boppanna : Uttam NF fillng the lower half of P made on Friday to make smoother P.
10:50   Uttam : yes Bopps for now looks like that but value clearly lower today in NF
10:51   abhishek sharma : ib in bank nifty is very small today
10:51   Manish : MJ, 3-1-3 can act like bracket. So can we trade inside that. Fade the extremes ?
10:52   Uttam : yes OAIR generally gives a smaller IB
10:52   Kathir : uttam bnf moved up above IBH now ?
10:52   Uttam : by just 4 points Kathir
10:53   Uttam : 25745 was prev high
10:53   Uttam : now 25749.6
10:53   Kathir : ok proble FA ? but very few points only
10:53   Kathir : got a pink band there
10:53   Uttam : yes surely probable FA in it as happend quite sometime after IB was done
10:53   abhishek sharma : so what you think uttam will bank nifty will shoot up if it breaks IB
10:54   Uttam : I will watch the OF & see what is happening there Abhishek
10:54   Abhishek : Not showing IB break in MP chart
10:54   abhishek sharma : 5 mi or 30 min
10:54   abhishek sharma : OF uttam
10:54   MJ : Manish yes usually one side is eaten up at the end of the day.
10:54   Uttam : yes cos less than 5 points so showing a poor high in BNF
10:54   Manish : ok thnx Mihir
10:55   MJ : Need to see when the move is timed. RK can throw more light on that.
10:55   MJ : Also, dval and dvah are best place to initiate a trade in this setup. I stick with the OTF.
10:56   Ravi : @Shai how to identify OTF
10:58   Uttam : NF at 10530 into morning singles here below 10538
10:58   Uttam : reds in BNf as it breaks vwap
10:58   Uttam : 11300 looks like initiative seller there?
11:02   Uttam : NF looks like that stuck seller at 10530 made an exit?
11:02   abhishek sharma : these initiative sellrs r getting absorbrd or what uttam
11:02   Uttam : yes supply getting absorbed in BNF looks like
11:02   abhishek sharma : hmm
11:03   Uttam : D making an outside bar in BNF
11:04   Himanshu : uttam , mihir 30 min poc is right at 10530 .. same as A period poc.. any significance?
11:06   MJ : Himanshu in 30 min of D if you see it is now sliding up. So maybe supply has pressed more peddle.
11:07   Kathir : vix 19.7
11:07   Himanshu : ok mihir thanks..
11:08   Uttam : USDINR making new highs for the day
11:13   Shai : 222 on the PE
11:13   Uttam : +1 Shai
11:13   Shai : that was the first pink band
11:13   Shai : (09:49) Shai : 10600 pe got greens
11:14   Ravi : @shai ..can we think as initiative sellers
11:14   Shai : and greens followed later
11:14   Shai : intent is still red over green from friday
11:14   Shai : so no case of demnd here
11:14   MJ : Below 623 bnf can do dlo?
11:15   Abhishek : IB broken in Nifty
11:15   Ashish null : poor highs in banknifty
11:16   Uttam : 22k red in BNF
11:16   Abhishek : 47k green are short covering?
11:16   Uttam : NF getting some greens here
11:16   Shai : Book the 10600 PE trade fully at 223 here
11:17   Uttam : NF leaving a FA at lows?
11:17   Himanshu : those greens pull NF 15 points
11:18   abhishek sharma : faled auction in nifty indicats that no more down fall right
11:23   Uttam : that 24k red in BNF came late to the psrty
11:23   MJ : Uttam but he is a biggie. Here for some more damage I feel.
11:23   MJ : He will find friends soon.
11:24   Uttam : yes unless BNF can get back above vwap
11:24   Uttam : cos we had one 11k red also when we broke vwap
11:25   Uttam : 10492 is 1.5IB in NF which is also the level below 10530 to watch
11:25   Uttam : in case we probe lower
11:26   Cyrus : (11:24) Uttam : cos we had one 11k red also when we broke vwap —- > what about the 27k shorts ?? Wont that bring bnf further down ??
11:26   Uttam : yes Cyrus it should
11:26   Prudhvi : once we enter singles of P, we do entire stem. Remember varun tweeting about it.
11:27   Cyrus : (11:26) Uttam : yes Cyrus it should —> I am hoping for 25570.. fingers crossed 😉
11:28   Uttam : (09:25) Uttam : OAIR but both being accepted below Friday’s POC(09:59) Uttam : yes Kathir but till it stays below Fridays POC PLR will be to the downside, needs to get accepted in Friday’s Value
11:28   Manish : uttam,PLR ?
11:28   Uttam : BNF tried to tag yPOC of 25760 but got rejected at 25750
11:28   Uttam : path of least resistance
11:30   Uttam : another pink band at highs in that 10600pe
11:30   Uttam : morning also gave a pink band around there
11:30   Manish : thnx
11:30   Uttam : 10600pe high 231 Mihir
11:31   MJ : NDD too
11:31   MJ : there
11:31   MJ : 🙂
11:31   Uttam : yep
11:31   MJ : Plus OF greens.
11:31   Uttam : now this BNF seller will be put under pressure looks like
11:31   MJ : He is safe till vwap
11:31   MJ : rotation game.
11:33   Himanshu : in NF buyer intent catching up ?
11:37   Manish : uttam, in the last chart the red and green bars are the volumes. Are the volume numbers behind it ? VOL: 4.18 m ?
11:38   Manish : is that the cumulative volume ?
11:39   Manish : and the current volume is on the right hand axis ? 40000 ?
11:40   Cyrus : with these 30+40+22 sellers we should be at 25600 by now
11:41   Uttam : that pink band gone in that 10600pe & makes new highs too
11:41   MJ : Cyrus that does tell higher force needed in bnf to take it further down.
11:41   Uttam : USDINR conitnues to rise
11:42   MJ : Uttam Will RBI make some dhan in USD inr?
11:42   MJ : Question is if they get in 😛
11:44   MJ : Shai usdinr review? Thanks.
11:45   Uttam : green intent of NF showing up
11:46   MJ : Dhan made 🙂
11:47   Cyrus : (11:41) MJ : Cyrus that does tell higher force needed in bnf to take it further down.—–> That makes sense. Thanks for that input MJ
11:55   MJ : Cheers Cyrus 🙂
12:14   Uttam : (11:31) Uttam : now this BNF seller will be put under pressure looks like
12:15   MJ : Became unsafe and gave dhi (11:31) MJ : He is safe till vwap
12:15   Uttam : 45k red now at new highs
12:16   Uttam : his entry itself was a bit late
12:16   Uttam : BNF here at old seller zone of 25780
12:17   Ashish null : poor high repaired in banknifty
12:17   MJ : Yes Uttam.
12:17   Uttam : yes and that yPOC of 25760 also tagged
12:17   Ashish null : yes
12:17   Shai : bnf supply at vpoc
12:18   Shai : aggressive short for 25680 again
12:18   Uttam : yes Shai alsmot 50k reds there
12:18   Shai : yes longs booking profit and no new demand
12:21   abhishek sharma : can clear failed oction or not bank nifty
12:21   Uttam : there is no failed auction in BNF
12:23   abhishek sharma : price is getting rejected
12:23   abhishek sharma : in this zone
12:23   Uttam : staying above IBH
12:24   Cyrus : taking support at previous atp 741..
12:25   Shai : 10515 imm supp in NF
12:26   Shai : some more covering of Froi shorts there as green overtakes red in intent
12:30   Shai : 25715- close- (12:18) Shai : aggressive short for 25680 again
12:30   MJ : All out bnf 🙂
12:33   Kathir : uttam whats bnf LTP friday close ?
12:37   Kathir : 25780 and seller came ther
12:43   abhishek sharma : sellers r aggressive or buyers can you tell uttam
12:50   Uttam : forming a balance in both
12:51   Shai : Intra – Short BankNifty 25723 sl of 25801 tgt 25600 . Trade smaller size
12:51   Shai : enough supply now to break vwap
12:51   Shai : let’s see if it does
12:52   Abhishek : Shai, how do you determine sufficient supply?
12:53   Shai : 52 at top
12:53   Uttam : which was also previous supply zone from Friday
12:53   Abhishek : Ok
12:53   Uttam : and price back into IB
13:00   Shai : just low volume
13:01   Cyrus : +1
13:01   MJ : All busy in diwali Shai.
13:01   MJ : Touch of vwap will initiate nice probe down.
13:01   Shai : Book the BNF shorts 25695
13:01   Shai : yes
13:01   MJ : Shai Probe chances are higher in OD OTD and ORR? vs other 2 days?
13:02   Shai : doe snot have the momo for a sharpish move either side
13:02   Shai : have to be content with the small ones
13:02   MJ : Other two days are rotation right?
13:02   MJ : Yes today is rotation kinda day.
13:02   MJ : It needs spicy momo chutney for more fire.
13:02   Uttam : yes Shai with 2 holidays this week & BNF expiry tom looks like that kind of a week
13:03   MJ : Be happy with rotation trades 3-1-3 is first hint with lows in nf having greens and highs at bnf having reds.
13:03   Cyrus : (13:02) Shai : have to be content with the small ones—–> Shorted at 25750 the moment i say that 52k guy… Really made me work those 50pts..
13:03   MJ : +1 Cyrus. Nice trade there I was in too 🙂
13:04   Cyrus : 🙂
13:08   Ravi : @Cyrus where u saw that 52k
13:08   MJ : 12.15 – 12.45 30 min OF.
13:09   Ravi : @MJ Tq should be considered as K right
13:11   Cyrus : (13:08) Ravi : @Cyrus where u saw that 52k —> Previous candle on the 30 min chart, just below the pink band.
13:12   MJ : We are yet to be in K period @Ravi
13:13   Ravi : @cyrus Tq
13:16   Manish : MJ, Cyrus, the 52k guy will also have appeared on the 5 min OF with a green band ?
13:16   MJ : He did 45k
13:17   Manish : ok. so how you figure out 45k on 5 min is the same guy as 52k on 30 min?
13:17   Cyrus : I only follow the 30min… 5 mins is too volatile for me.
13:18   MJ : Same levels Manish. 760 was his price.
13:18   Cyrus : +1
13:18   Manish : ok thnx cyrus, mj
13:19   MJ : Shai if you can. (11:44) MJ : Shai usdinr review? Thanks.
13:19   Eric null : tangled in vwap
13:20   Uttam : charateristic of OAIR day
13:21   MJ : Pingpong divas.
13:21   Uttam : and forming a bell so trades should be at extrmes today not at vwap
13:21   MJ : Azmath will be very happy. Right?
13:21   Cyrus : @MJ haha..
13:21   Uttam : Azmath anyways is a very happy person 🙂
13:21   MJ : +1 Uttam.
13:21   Azmath : 🙂
13:21   MJ : Give 820 now Uttam Azzi.
13:22   Uttam : NF giving diwali gift as a FA at lows?
13:22   MJ : 😀
13:23   Uttam : 25840 lelo Mihir
13:23   Uttam : but BNF needs to get above that 25760
13:23   MJ : Okay. Keep above 700 then.
13:23   MJ : Working on it.
13:24   Uttam : last 90 mins BNF is between yVAL & vwap
13:24   Uttam : sorry 70 mins
13:24   MJ : It is like f1 race. Number two probing number 1. All the time.
13:24   Cyrus : @Uttam is previous days POC at 25670 ???
13:24   Uttam : 25760 Cyrus
13:25   Cyrus : sorry 25770
13:25   Uttam : 25765 given in the table on left hand side
13:25   Cyrus : ok got it
13:25   MJ : Uttam erratic vol thus far else this was doable 🙂
13:26   Uttam : yes locals playing today & wishing each other Happy Diwali
13:27   MJ : Nicely done.
13:27   Cyrus : SBI results today…
13:35   Kathir : what time cyrus.any idea >?
13:39   Uttam : BNF high in this bar 25759
13:39   Uttam : I making an outside bar
13:39   MJ : Tease.
13:41   Cyrus : @Kathir I think about 2pm..
13:43   Kathir : ok cyrus
13:43   Kathir : TY
13:43   MJ : 740 yvwap is the son of a gun.
13:44   Sandesh : (13:43) MJ : 740 yvwap is the son of a gun.>>> thanks to that gun!
13:45   Kathir : @ sandesh using this gun for diwali 🙂
13:45   Sandesh : lol!
13:46   Sandesh : shai sir around!?!?
13:50   abhishek sharma : is there selling in nifty if it breaks todays low
13:51   abhishek sharma : what do u say uttam
13:54   Uttam : such a nice smooth bell in NF
13:54   MJ : +1
13:54   Uttam : no FA at lows now as proce staying below IBL for more than 30mins
13:54   MJ : Gift taken back.
13:54   Uttam : looks like diwali rangoli happening 😉
13:54   RK : Jalebi for Diwali 🙂
13:54   MJ : RK :))
13:54   MJ : Welcome here.
13:55   Uttam : lol RK
13:55   Cyrus : Lol..
13:55   MJ : I was always the kid who spoiled the rangoli.
13:55   Uttam : so you got crackers Mihir for today 😉
13:55   MJ : I’ve got crackers. No one wants to burst.
13:57   MJ : My cracker trigger is 740++ and 680–
13:57   MJ : Bots
13:57   MJ : go fire.
13:58   Uttam : will be back in 10mins, please hold the fireworks till then
14:01   Kathir : if sbi results out – let us know guys
14:05   Kathir : 15 stuck buyer bnf ?
14:06   TP : previous 2 q sbi results came at 14:01 and 14:10
14:06   TP : should be out anytime
14:07   Kathir : ok tej
14:07   Kathir : 14k nf also green stuck at top
14:11   TP : just 65 point range in nf and vix up 8 %
14:14   Kathir : last hour move pending Tej ?
14:15   Kathir : bnf killed all options ..
14:15   Kathir : tomorrow expiry .
14:18   TP : depends on sbi now or maybe writers want results ppost mkt.
14:19   Cyrus : i think result is factored in today.. sbi already 2% up
14:20   MJ : Cyrus whip waiting in sbi
14:20   MJ : check last result day.
14:20   MJ : 22nd may candle.
14:21   Kathir : got FA at top bnf that day i guess Mihir ?
14:22   MJ : Uttam can confirm K.
14:22   MJ : I remember coz I traded sbin that day.
14:24   Cyrus : Yes i remember too
14:25   Kathir : RK knows I guess
14:29   Uttam : K period here will it give any direction?
14:33   MJ : Uttam took a nice breather 🙂
14:35   Uttam : BNF back to test that seller of 25760
14:35   Uttam : this time somes wiht some more ammunition looks like
14:35   MJ : 🙂
14:36   MJ : Needs kathir to say Jai Bajrang Bali.
14:36   Kathir : 🙂 Jai bajrang bali
14:37   Shai : nice balanced profile today in NF
14:37   Uttam : yes Shai
14:37   Shai : BNF is a bit skewed and can also spike
14:37   Uttam : on 2 days BNF will be giving a nice 3-1-3 Shai?
14:38   Uttam : if we close at POC/vwap
14:39   Shai : yes
14:39   Shai : even NF
14:39   Uttam : yep
14:40   Natarajan : whats 3-1-3, its importance?
14:40   Uttam : post Diwali we can have fireworks either which side
14:40   Kathir : uttam bnf two days POC 25740 ?
14:42   Uttam : we have a wide POC at 24720 today Kathir
14:42   Kathir : ok
14:42   Uttam : will need to check the compo POC post market
14:42   Uttam : should be around here only
14:42   Uttam : 25680 ledge today RK?
14:43   RK : no
14:43   Ravi : @shai can we think that tomorrow the bearish bias continues..as below ysterdays value area
14:43   MJ : Natrajan scroll up. I posted an explaination
14:43   Uttam : 25700-680 both have same TPOS & BNF here could fill lower part to smoother the bell today?
14:45   Shai : yes bullish momentum is out as value is below 10590
14:45   Ravi : @shai Tq
14:45   Shai : refer to the day notes posted at open here
14:45   Ravi : ok
14:46   Shai : sellers have not managed an extension so even selling is not good
14:46   Shai : basically a wait mode on low partcipation
14:47   Ravi : ok ..@shai..can we guess the days range in the beginning..a small doubt
14:47   Uttam : spike time…?
14:47   MJ : sbi started Uttam
14:48   MJ : Now bnf should catch the mexican wave.
14:48   Uttam : results now or post market?
14:48   MJ : Last result were in market hour.
14:48   MJ : 14:01 IST
14:48   Uttam : wah 🙂
14:48   Cyrus : Was scheduled post lunch…
14:48   Uttam : you fixed that I am sure 😉
14:49   MJ : 🙂
14:51   Uttam : no spike looks like BNF making the bell smoother
14:51   Cyrus : Looks like not enough volumes to support spike…
14:51   MJ : No big expectation on a low vol day.
14:52   MJ : Yes Uttam and Cyrus.
14:52   MJ : Take small bites and be happy.
14:52   Natarajan : Mj, 3-1-3 implies range bound or rotation
14:52   Natarajan : this is what i understood
14:52   MJ : Yes unless we whip one side out of the game.
14:53   Cyrus : (14:52) MJ : Take small bites and be happy.—-> +1.. conserving todays wages.
14:58   Kathir : bnf 25760 is dvah and POC ..makes breakout levels further uttam ?
15:00   Uttam : yes Kathir 25765-770 which has that 50k red needs to be broken and sustained
15:00   Uttam : above it 25840-845
15:01   MJ : 773 771 773 last 90 min bnf high
15:01   MJ : No rockets till they are held.
15:03   Kathir : ty uttam
15:03   Kathir : 9600 grenn at top ?
15:04   Uttam : yes looks like a SL order
15:04   Kathir : 🙂 poor fellow
15:05   Kathir : his filter for bnf is just 10 points ?
15:05   MJ : lol
15:05   MJ : Kathir.
15:05   MJ : you rubbing him there.
15:05   Kathir : 🙂
15:05   MJ : 24 mins for 820
15:09   Cyrus : Anyone near SBI headquarters? Can u drop in and check if they have finished lunch? Lol..
15:09   MJ : checking
15:09   MJ : 😛
15:10   Cyrus : :))
15:10   Shai : 🙂
15:10   Uttam : lol
15:10   Shai : They are trying to figure out how to say ” the worst is behind us ” better
15:11   Kunal : lol
15:11   MJ : OF will tell us the moment result is out.
15:11   Cyrus : @Shai Lol!
15:11   MJ : Shai same lines different ways. All the PSU’s using.
15:11   Cyrus : volumes comming in
15:12   Kathir : lol shai
15:12   RK : hell of Poor high BNF
15:12   RK : in a P profile
15:12   MJ : lol rk.
15:12   RK : NF nice bell
15:13   MJ : We are fixing the poor highs? 😛
15:13   Kathir : @ RK bnf just 15 points + from yest close..writers hands
15:13   RK : yes Kathir flat day now
15:14   Uttam : boom boom BNF
15:14   Cyrus : damn! cant be updating data at this point..
15:14   Himanshu : RK ny significance for tommorrow ? (15:12) RK : hell of Poor high BNF
15:15   MJ : Missed by 6.5 pts (13:21) MJ : Give 820 now Uttam Azzi.(15:05) MJ : 24 mins for 820
15:15   Kathir : kudos Mihir
15:15   MJ : 30k at top with another 18k
15:15   MJ : sbi out?
15:15   Shai : spike is here
15:15   MJ : fixedddddd
15:15   MJ : Dammm !
15:15   MJ : phewww
15:15   MJ : All out bnf.
15:15   Uttam : Mihir told you take 25840
15:16   Uttam : 25844
15:16   Shai : +1
15:16   MJ : Done done done
15:16   Cyrus : boom
15:16   MJ : whaatteeey day. Thanks utam.
15:16   Kathir : SBI out ?
15:16   MJ : Yes looks like
15:16   Sandesh : +1 Mihir
15:16   MJ : Sandesssssh :))
15:16   Sandesh : 🙂
15:16   MJ : 300 sbi
15:16   Shai : (14:37) Shai : BNF is a bit skewed and can also spike
15:16   Uttam : +1 Shai
15:17   MJ : Keep calm and trust OF.
15:17   Uttam : (15:00) Uttam : yes Kathir 25765-770 which has that 50k red needs to be broken and sustained(15:00) Uttam : above it 25840-845
15:17   MJ : I will print this Tee.
15:17   TP : SBI’s Net Profit comes in at Rs 944.9 vs estimate of a loss of Rs 224.7 cr
15:17   Uttam : wow
15:17   Himanshu : what ?
15:17   Uttam : now really worst coming 😉
15:17   Shai : sbi for 306
15:17   MJ : OMG upside down the estimate guys.
15:18   MJ : NF for 590?
15:18   Kunal : they had a Rs. 944 cr PAT in this qtr compared to a loss of Rs. 4875 cr last qtr
15:19   MJ : Shubh deepawli everyone (13:55) Uttam : so you got crackers Mihir for today ;)(13:57) MJ : My cracker trigger is 740++ and 680–
15:20   MJ : Shai same story like last result in Buyers.
15:20   MJ : Cant handle the spike.
15:21   MJ : sbi.
15:21   Kunal : does it make sense to buy PE in BNF for a quick flip until tomorrow morn?
15:21   Shai : 289 sl in BNF for these longs
15:21   Shai : has been sold now
15:21   Kunal : this is closing in singles…hence…
15:21   Shai : spike rules in BNF for tom
15:21   Shai : supp 760 again
15:22   Uttam : yes Shai
15:22   MJ : Thanks chief.
15:22   Kunal : ok
15:22   MJ : riding
15:22   Shai : sbi bulls don’t want it to come below 289
15:22   Shai : else would mean a fast fast drop
15:23   MJ : Nice tail there in sbi
15:25   Cyrus : signing off guys… have a good evening, See y’all tomorrow.
15:26   MJ : Bye Cyrus.
15:29   Shai : Bye all
15:29   Shai : Have a nice evening
15:29   TP : Bye All.
15:29   Uttam : thanks All 🙂 have a lovely evening
15:30   Himanshu : thanks uttam shai and all

 

 

10:31   TP : Shai levels to watch for in AXISBANK , intra .
10:52   Shai : intra looks fone at 633 but break of 628 can confirm that / 621 may get bough again
10:58   TP : tks chief
11:21   Uttam : Shai positional views on IOC
11:57   Shai : IOC at an important zone
11:57   Shai : can mean a drop to 135/ 130 even 120 if not held
12:20   Uttam : IOC needs to stay & close above 140-145 is it Shai for upside move?
12:31   Shai : yes close abv 140 . Not a time for positional entry
12:49   Uttam : thanks Shai
14:44   Uttam : Shai views on HDFC Life, looking good for uside in medium term?
14:45   Rushabh : shai view on Tatamotor and dlf
14:50   MJ : Shai anything visible in sbi cash vols?
15:26   Shai : hdfc life current move is to 413
15:26   Shai : if crossed then can run to 454
15:26   abhishek sharma : what is you view on banknifty and nifty shai
15:26   abhishek sharma : for tomorrow
15:27   abhishek sharma : can we expect a down move
15:27   Shai : tata motors stable above 182 for now
15:27   Shai : can hit 215 as long as 180 does not break
15:28   Uttam : thanks Shai
15:28   Shai : 180 was alsomost done in dlf. still good as long as 169 holds
15:28   Shai : for 180
15:28   Shai : sbi 2 sets of volumes at 290 and 296 higher
15:29   Shai : good as long as 290 holds ST
15:29   MJ : Shai few ces holding sbin. Booked and will hold as far as 290 holds. Thanks.
15:29   MJ : Faded both sides 🙂

Order Flow charts dated 5th Nov