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.
08:55 Vtrender Live : (08:53) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/945322789
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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
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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 🙂