OrderFlow charts and Notes 18/12/11

Bnf_Of_10 Bnf_Vol_At_Price_1 Nf_Of_10 Nf_Vol_At_Price_1

 

 

Get Image Orderflow Charts And Notes 18/12/11

General Chat Transcript

 

Room Name: Vtrender
Date and Time: December 18, 2014 09:23:23

[08:54]   r m : Good Morning folks!
[08:54]   r m : http://vtrender.com/levels-and-plan-for-18th-dec/
[08:54]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-1712/
[08:55]   r m : NF Hypo1 above 8084➜8120➜8147 SL 8049 Hypo2 below 8049➜7998 SL 8086 DEC Future levels
[08:55]   r m : BNF Hypo1 above 18040➜18136➜18290 SL17975 Hypo2 below 17970➜17809➜17767 SL18030 DEC Future levels
[08:55]   Keshav : morning rm
[08:55]   Sharad : GM all
[08:55]   Keshav : good close in es i guess
[08:55]   r m : Hi Keshav
[08:55]   Porus : GM all
[08:55]   Keshav : gm sharad
[08:56]   Keshav : morning porus
[08:56]   Sharad : Hi Keshav
[08:56]   r m : SGX Nifty is up 1%
[08:56]   Keshav : thats nice
[09:02]   Shai : GM all
[09:02]   Keshav : gm shai
[09:03]   Shai : http://www.federalreserve.gov/newsevents/press/monetary/20141217a.htm
[09:07]   Porus : How long will the FEd-based euphoria last?
[09:08]   Shai : back to technicals for that
[09:08]   Shai : 8112 spot on watch near open
[09:08]   Keshav : inr opens strong against dollar
[09:09]   Shai : a close abv 8112 will put the mkt on course for 8180 and 8223 in the santa rally
[09:09]   Keshav : nifty too
[09:09]   Shai : if we get there watch for sellers to ome back at 8224 regions on spot
[09:10]   Assortz : GM all
[09:10]   Keshav : gm assortz
[09:11]   Keshav : but shai awesome timing
[09:11]   Keshav : its 18 of december today
[09:11]   Porus : Shai, at open do we enter immediately if NF Hypo1 is above 8084? Or wait for 5 min as usual?
[09:15]   Shai : wait
[09:15]   Shai : Open away from range it is advisable to wait 10 mins at least
[09:16]   r m : open is near target2 so hypo done overnight 🙂
[09:17]   Shai : 🙂
[09:17]   Shai : 8147 pull back high and early morning ref
[09:18]   Shai : abv 8147 we trade to 8178/ 8228 sl of 8118
[09:18]   Shai : we will take that trade after 10 mins
[09:18]   Shai : BN F is abcak at 18300
[09:19]   Assortz : spot 8112
[09:23]   r m : liquidity providers (PRO) got too many longs in their inventory, guess they will ease their long positions today http://screencast.com/t/GAS5uDt084K
[09:23]   Shai : 18422 obj in BNF at the open
[09:23]   Shai : sl is 18285 here
[09:23]   Shai : trying to stay abv 18300F
[09:23]   Shai : ay go upto 18559 by close or even tom
[09:23]   Shai : F
[09:24]   Shai : that low at 8110 is imp all day
[09:24]   Shai : in spot
[09:25]   Shai : traade today is up for 8180 spot as lng as 8110 spot holds
[09:27]   Shai : BNF 🙁
[09:29]   Amit J : what was last week val in bn.
[09:30]   Amit J : can play 80% in that
[09:30]   Shai : 18400 to 18600
[09:30]   Shai : yes
[09:31]   Shai : abv 18300 shorts are under pressure
[09:31]   Shai : so far an OAOR in BNF
[09:31]   Shai : with flat vwap bands
[09:32]   Keshav : bnf trying to close gaps
[09:32]   Keshav : with yesterdays high
[09:34]   Keshav : the chart disappeared
[09:36]   Keshav : @ rm shai
[09:36]   Shai : back up
[09:36]   Assortz : yes got them
[09:36]   Keshav : yes
[09:37]   Ravi : 8100CE t 85 reached
[09:38]   Assortz : 18200 spot holding..
[09:39]   Shai : trade idea now is to be long 50% here since it is an OAOR and add abv IBH
[09:39]   Shai : sl will be 8118 yesterday’s supply point
[09:39]   Shai : or can long abv 8149
[09:39]   Assortz : BNF Delta can’t see in the chart..Shai you need to close the tools box pls
[09:39]   Shai : 8150 vwap actually
[09:40]   Assortz : thanks
[09:57]   Ravi : shai …what isoaor
[09:57]   r m : Open auction outside previous day’s rang
[09:57]   r m : range
[09:57]   Assortz : BNF delta -30 to +45..If we get green above VWAP..we can reenter longs..
[09:58]   Rahul G : shia any view on CNXIT
[09:58]   Rahul G : shai*
[10:00]   Assortz : NO..BNF seems have different plans around 18300..we need to wait
[10:00]   r m : yeah, it wants to stay below vwap
[10:01]   Assortz : dpoc+VWAP+18300 nice combo to keep us out of action 🙂
[10:02]   r m : Shai-rekha at 18192 may reveal BNF’s future plans 🙂
[10:02]   Assortz : thats a another good spot to try longs with SL at 18136 PDH
[10:03]   Ravi : hi assortz….now delta at51 on banknifty ….and max shhows 68 and min shows 39 …
[10:03]   Assortz : one bounce is certain when we reach that red line first time
[10:03]   Ravi : how it helps us for trading ?
[10:03]   Ravi : want to go above the high for long …
[10:04]   Ravi : is it one more ravi
[10:04]   Ravi : pl chenge user id
[10:04]   Shai : Ravi delta is about people buying aggressively
[10:04]   Assortz : Yes Ravi..I have just started watching it keenly after Kathir’s advise..I take it as ref to ensure if buyers or sellers entered with me stays or the proportion is changed..it helps to decide on SL for the trades
[10:04]   Ravi : change
[10:05]   Shai : or selling aggressively using mkt orders
[10:05]   Shai : hence it shows intent at highs or lows
[10:05]   Assortz : I dont think it can be referred solely for entries..right RM?
[10:06]   r m : @Assortz, won’t be a bad idea to enter small quantity of longs at Shai-rekha to test the wind 🙂
[10:07]   Assortz : Yes RM agreed 🙂
[10:07]   r m : but best ask Shai about it, he owns the Rekha 😀
[10:08]   Assortz : RM my comment about entries are for delta..I think you missed one of my last comment 🙂
[10:09]   r m : ok 🙂
[10:11]   r m : BNF is auctioning in the single prints of 16/12
[10:11]   r m : high of the prints was at 18422
[10:11]   Keshav : hmm
[10:12]   Assortz : green is flat
[10:13]   Assortz : except the open..quite IB
[10:13]   Assortz : quiet
[10:15]   r m : OAOR and OAIR are generally like sleeping pills 🙂
[10:15]   Assortz : 🙂
[10:22]   Ravi : now only candles are visisble
[10:27]   Assortz : Shai, NF longs should we stick to 8118 F as SL or can we consider 8110 spot may 8105
[10:27]   Assortz : may be
[10:30]   r m : NF at least went up to dvah
[10:31]   Shai : can do 8105 as sl’
[10:32]   Shai : Rahul cnxit 10880 supp but res at 11020 playing out all week
[10:32]   Rahul G : thanks Shai
[10:32]   Assortz : thanks
[10:33]   Shai : holding 10600 in ST should bounce upto 11200/ 11370 where seller should be back
[10:40]   Keshav : structure wise nf more weaker than bnf
[10:42]   Shai : the great bull of 2014 not able to hold a gap up?
[10:43]   Ravi : 8100-8200 pe short builtup and 8100-8200ce sc
[10:43]   Shai : looks like they all booked profits at 8580 + and may come only next year
[10:43]   Ravi : 18200-18400pe sbu and 18200-18400 sc
[10:54]   Shai : BNF moving down to 18135/ 18100
[10:56]   Porus : sl for bnf trade?
[10:59]   Shai : 18265 BNF dpoc
[10:59]   Shai : technically a rejection of the 18300 levels
[11:00]   Shai : so down back to 17950 levels
[11:01]   Shai : for a few minues early in the morning I thought the buyer had taken control at 18300
[11:01]   Assortz : but its coming back to IB..it makes any sense?
[11:01]   Keshav : 8100 nf to watch
[11:01]   Shai : But now this auction of the morning was a test of that broken level
[11:01]   Porus : Shai, NF also below the sl. What is the objective now?
[11:02]   Shai : NF also failed us at that 8147 level
[11:02]   Shai : went 2 points up
[11:02]   Shai : Nothing in NF now at this price point
[11:05]   Shai : intra tgts of the move are 18136 / 18072
[11:05]   Shai : 18136/ 18101/ 18072 actually **
[11:06]   Keshav : sl
[11:06]   Shai : (10:59) Shai :18265 BNF dpoc
[11:12]   Shai : that’s the sl
[11:12]   Assortz : oops rekha crossed
[11:12]   Shai : spot is below 8110
[11:12]   Shai : path of least res is now 8060
[11:14]   Shai : the green pink line when it slopes at 45* and has price above or below it keeps the trend intact
[11:14]   Assortz : yes thats right
[11:14]   Shai : prce below at 45* minus and price abv for 45* plus
[11:15]   Shai : 18160
[11:15]   Shai : first book point is 18135 yesterday highs
[11:16]   Assortz : NF can we try shorts below 8090?
[11:16]   Assortz : NF
[11:18]   Shai : below 8084
[11:19]   Assortz : ok thanks
[11:19]   Shai : NF is good even abv VAH as yesterday was balance
[11:19]   Shai : so not going aggressive short below pdh to vah as bounce can happen
[11:20]   Assortz : ok
[11:20]   Shai : reduce shorts in BNF
[11:20]   Shai : trail to 18230 cost
[11:21]   Kathir : GM all
[11:21]   Shai : Gm Kathir
[11:21]   r m : GM Kathir 🙂
[11:22]   Shai : stepping out fr afew mins – be back soon
[11:22]   Assortz : Gm Kathir
[11:22]   Shai : Please PM messages if any
[11:22]   Keshav : sure
[11:23]   Keshav : does anyone follow or trade es inttraday?
[11:31]   Assortz : NF green + much better delta since open
[11:32]   Keshav : yes
[11:32]   Assortz : bnf back to rekha line with green..seems day of whips..staying away
[11:40]   Keshav : one more move back to todays low would be nice
[11:41]   Keshav : then a move back up
[11:45]   Porus : RM, what is vah in nf?
[11:45]   r m : 8095 on my charts
[11:46]   r m : tallies with VA in MP charts http://vtrender.com/wp-content/uploads/2014/12/NF_Compo112.png
[11:46]   Porus : Thanks
[11:47]   r m : welcome
[11:47]   Assortz : rotating around rekha
[11:49]   Assortz : entering IB..another whip here?
[11:51]   r m : last upswing in BNF was 68 points from 18232 to 18300, this one has done that much so far
[11:52]   Assortz : RM nifty delta suggests anything..steadily positive from negative
[11:53]   r m : @Assortz, it often misleads, works best when pink and green and delta are in sync
[11:54]   Assortz : last green is in sync with delta in NF..lets see
[11:56]   r m : vwap and IBL are together in NF, may go to IBH above vwap – chances appear slim though before Europe open
[11:57]   r m : so far both indices appear to be drifting downwards
[11:59]   Assortz : Yes RM me too biased towards upside..
[12:00]   Assortz : but dont think will take any trade today..:)
[12:00]   r m : ok
[12:01]   Assortz : thumb rule is we have to certainly go for 3rd trade when you have 2 consecutive whips..we had 2 since morning one long and one short..so am inclined to go with 3rd trade also..lets see how the price unfolds 🙂
[12:02]   r m : 🙂
[12:03]   r m : it feels very bad if whipped twice and staying out of it the third time when the trade worked
[12:04]   r m : but i have often been victim of that 3rd trade syndrome when the day turned out a normal day and abnormal ledger 😀
[12:04]   Assortz : :))
[12:05]   r m : looking at NF and BNF and vwap’s slope more chances of a down day today if Europe gives the nudge
[12:05]   Assortz : ok
[12:05]   r m : it is not MP just hunch 🙂
[12:06]   Assortz : yes thursday too 🙂
[12:09]   r m : looks like NF read my comment and immediatley thought of repudiating it )
[12:10]   Assortz : :))
[12:10]   Assortz : http://tinyurl.com/npabpw8
[12:11]   Assortz : Can Santa disappoint this year?
[12:11]   Porus : IBL a tough hurdle today.
[12:11]   Assortz : BNF dont want to leave Shai Rekha
[12:21]   Porus : wap touched
[12:22]   r m : nf delta also favoring Assortz 🙂
[12:22]   Assortz : it was favoring longs since morning but affter triggering my SL 🙂
[12:23]   Keshav : @assortz one day i want to work in that exchange floor
[12:23]   Assortz : wish your dream come true Keshav 🙂
[12:24]   r m : Kris had a theory that a perfect SL is always triggered because too many traders put their SL at that spot
[12:24]   Assortz : RM I have started day dreaming a FA today if Santa wanted to step in
[12:25]   Keshav : i think stil there is potential for further upmove
[12:25]   r m : it is a FA only if price stays below or above IB for one half hour period – single prints
[12:25]   Assortz : RM I used to keep only mental SL and place market orders but don’t want to take a risk now a days with BNF and it has become habbit for NF also now
[12:25]   Keshav : just some reluctance
[12:26]   Keshav : vwap is being played well till now
[12:26]   r m : yes Assortz, most of the traders here do that
[12:27]   r m : @Keshav, unfortunately no trading done on xchange floor these days!
[12:27]   Assortz : while trading crude used to keep mental SL only though slippages are there managed in that way for long time.
[12:27]   Keshav : no rm cboe has pits to this day
[12:27]   r m : crude will trigger any SL you can think of then go your way 🙂
[12:28]   Keshav : cme too i guess
[12:28]   r m : ok
[12:28]   Keshav : they are mainly market makers
[12:28]   Keshav : not traders
[12:28]   Assortz : yes 🙂
[12:29]   Keshav : they average their positions through out the day at vwap
[12:29]   r m : I read somewhere that there are only a few left that too just for show because volume in electronic trading are so high that pit traders could not remain market makers
[12:30]   Keshav : yes everything is electronic
[12:31]   r m : very few trades at bid in NF
[12:32]   Keshav : i have a personal goal to start a prop trading company in next five years
[12:32]   Keshav : so learning to be a trader to manage a few
[12:32]   r m : good Keshav, please rememeber my name when you pick up the crew 🙂
[12:32]   Keshav : sure
[12:33]   Keshav : so i try to network as much as possible and learn from people
[12:33]   r m : good idea
[12:34]   Keshav : janak is off today i guess
[12:35]   r m : must be trading with full screen to stay away from our disturbance 🙂
[12:35]   Assortz : he is certainly not trading thats why BNF is stuck without any swings 🙂
[12:36]   r m : ok, must be interviewing some wannabe executive then 🙂
[12:37]   Keshav : he works and trades side by side?
[12:37]   r m : He runs an executive search company
[12:38]   Keshav : oh thats nice
[12:38]   r m : only he can tell if he trades from his desk 🙂
[12:42]   Keshav : look at the delta in nf
[12:42]   Keshav : 518
[12:42]   Keshav : people are accumalating at vwap i guess
[12:44]   Keshav : anyone there?
[12:48]   r m : yeah, here all right 🙂
[12:48]   Keshav : ok
[12:56]   Janak : make or break moment in the mkt – if FII are sellers – this is the place they will take bn below 18k again?
[12:58]   Assortz : after 3 days full packed action today is a leisure day to take care of unfinished business tomorrow
[13:10]   r m : broke above dvah too, Janak is buying NF relentlessly 🙂
[13:12]   Assortz : NF next level 8178 F
[13:13]   Assortz : and then 8180 spot
[13:14]   Assortz : IBH taken
[13:15]   r m : but vwap band does not budge
[13:22]   Janak : 647 delta will take nifty to 9k today ;
[13:23]   r m : oolala 🙂
[13:23]   Janak : where r those FII sellers man?
[13:23]   Janak : they did one round from 385 to 150
[13:23]   Janak : now 330 to??
[13:24]   Assortz : since morning BNF is singing soup song but NF is not listening 🙂
[13:24]   Janak : sold at 330
[13:24]   Janak : booking part at 280
[13:24]   Janak : if it comes 🙁
[13:24]   Janak : or else sl at cost
[13:24]   Assortz : 330 on what basis Janak?
[13:25]   Janak : 240 to 340 – a 100 pts rise so sell 🙂 my own fundas
[13:25]   Assortz : ok 🙂
[13:25]   Janak : will not work perhaps
[13:25]   Janak : shd have booked at 40
[13:25]   Janak : pts
[13:29]   r m : ye lo jee, 40 phir mil gaye 🙂
[13:31]   Janak : chalo PK ke ticket ka jugaad to ho gaya ;
[13:31]   r m : ES spikes up
[13:31]   r m : dax up by 1.8%
[13:32]   Janak : anyone for 19k expiry – santa guys?
[13:33]   r m : now nf vwap expanding
[13:33]   Keshav : yes
[13:35]   Janak : bn if comes out with +ve delta – there will be an explosion
[13:35]   Janak : by the end
[13:38]   Janak : a mkt which opened at 349 cud have easily run away with 300 more if Fii were not sellers
[13:42]   Assortz : pink after steady green since lows
[13:43]   Shai : neutral day panning out in NF
[13:43]   Sharad : Hi all
[13:44]   Sharad : so close at vwap shai?
[13:44]   Shai : close at vwap or neutral extreme at highs
[13:44]   Sharad : so can short here
[13:44]   Janak : shai technicals suggest a possible expiry around 19k?
[13:44]   Shai : 8181 strict s
[13:45]   Sharad : ok
[13:45]   Shai : abv 8181 can finish day at 8228F
[13:45]   Sharad : 18295 stop NF 8181
[13:48]   Shai : IF IBH breaks now there is an easy 20 points t 8147 sl of 10 abv IBH
[13:48]   Shai : but abv IBH will close at day highs for sure
[13:48]   Janak : bn delta coming down fast
[13:49]   Shai : trigger fr NF longs would be abv 8184 for 8228 close with sl of 8165
[13:56]   Sharad : 18280 clear not moving…
[13:56]   Janak : a close around 600 wud set the tone for 19k tom eod or monday
[14:00]   Rahul N : @shai can i short bank of india future at295?
[14:01]   Janak : rahul shai will tell u the technicals – but purely next sessions till xmas day are bullish as the history wud say – any stock would rocket
[14:01]   Janak : if i am not wrong – rm pl correct me
[14:01]   Shai : Rahul wait – can go upto 299/ 302 which wll be good places to short
[14:02]   Janak : bn up by 900 pts in 2 sessions
[14:02]   Janak : shai give me 19k by monday man
[14:03]   Janak : expiry on 24th?
[14:03]   Rahul N : thanks
[14:03]   Shai : Rahul yes psu banks on the verge of a bounce
[14:03]   Shai : 18300 in BNF is a crucial close
[14:03]   Shai : positive if we close abv 18300
[14:04]   Keshav : spot or future?
[14:06]   Shai : F
[14:07]   Kathir : @SHAI can nf spot go to 8240 in this run tomorrow?
[14:08]   Rahul N : @shai ,i have shorted syndicate bank @ 123, what should be my stop loss (future)?
[14:08]   Shai : Kathir NF 8288 only if we cross 8230
[14:08]   Shai : fr 8230 F we have to go on good vols abv 8183
[14:09]   Kathir : ok thanks.. spot nifty i thought will try to test its 8240 levels from here
[14:10]   Kathir : nifty delta + 644 but bnf – 58?
[14:11]   Shai : sl would be 126.1 for syndi
[14:11]   Shai : abv 126.2 can run quickly to 139 by the close of this month
[14:13]   Porus : Shai, bnf can be sold below vwap today?
[14:19]   Shai : may not do much below vwap
[14:19]   Shai : looks like a close at vwap today in BNF
[14:20]   Porus : ok
[14:22]   Janak : no shai – pl give a close at 2ib in bn 🙂
[14:22]   Janak : 550
[14:22]   Shai : it’s 20 points either side of 18300
[14:24]   r m : @Janak – here is the reply to your query about Santa’s gifts to Nifty – http://vtrender.com/nifty-in-december/ 🙂
[14:25]   Janak : vow man – 18th is the day in last 2 years they start the rally for 150-200 in NF
[14:26]   r m : @Janak, you would pick up only the favorable samples 😀
[14:26]   Kathir : @RM thanks for the link
[14:26]   r m : welcome Kathir
[14:26]   Porus : 8167
[14:27]   Janak : rm I am a crude oil trader too;
[14:27]   Assortz : trying to enter again into IB..another whip?
[14:27]   r m : ES at 2021!
[14:29]   r m : @Janak, when do you sleep man? 🙂
[14:29]   Assortz : 2.30
[14:29]   Kathir : only after he buys a ship
[14:29]   Assortz : yes pondy is a nice place for a yacht:)
[14:30]   Kathir : @rm janak prefrs illeana inside the yacht 🙂
[14:30]   r m : before he (met) Ileana, he even used to offer free yacht ride to vtrender folks 🙂
[14:31]   Assortz : Shai pls update if NF volumes are backing up the upmove
[14:31]   r m : now one can understand his change of view 😀
[14:31]   Shai : yes good volumes all day
[14:31]   Assortz : thats a good deal RM 🙂
[14:31]   Kathir : yeah 🙂 no admission for us
[14:31]   Shai : esp good from 8147
[14:31]   Assortz : thanks Shai
[14:32]   Shai : tat will be supp now untill next week
[14:32]   Sharad : 8147 spot
[14:32]   Assortz : NF entered 4th trade..not going to miss the tail RM 🙂
[14:32]   r m : 🙂
[14:33]   r m : @Assortz, NF is gathering energy to jump over Shai’s rope strung at 8180!
[14:33]   Assortz : hoping for best 🙂
[14:34]   Assortz : NF is good all through the day..but BNF is dragger today
[14:35]   Janak : shai’s nf call on?
[14:35]   Assortz : me entered Janak
[14:35]   r m : 2IB is 8197
[14:36]   Assortz : we want 8228 RM 🙂
[14:36]   Assortz : and 18422 in BNF
[14:37]   r m : yes, but you are likely to meet 8197 on that path 🙂
[14:37]   Assortz : yes yes 🙂
[14:37]   Janak : unless mkt closes at8196 and opens above 8228 tom;
[14:38]   r m : NF IBH breakout was quite clean with just one 4 point dip back
[14:47]   Kathir : @rm TTB is preparing for this settlement
[14:48]   r m : good 🙂
[14:50]   Assortz : IBH will send back BN
[14:52]   r m : there was this big tick at 18362 earlier, has kept below that
[14:52]   r m : http://screencast.com/t/1Vpjxdxv
[14:53]   Assortz : selling there?
[14:53]   Mandar : he is a buyer
[14:53]   r m : tick was at ask
[14:53]   Assortz : oh ok
[14:54]   Kathir : yeah..if he is a big seller he will try to close bnf below 18300
[14:54]   Mandar : 739 contracts bought
[14:54]   r m : but price came below after that
[14:54]   Mandar : tomorrow gap up
[14:54]   Mandar : nifty 8260
[14:54]   r m : ok, that should sound sweet to Janak 🙂
[14:55]   Mandar : 🙂
[14:55]   r m : his socks are full of CEs 🙂
[14:55]   Kathir : wow
[14:55]   Kathir : @sharad?
[14:56]   Assortz : Kathir that buyer pulling prices up 🙂
[14:56]   Shai : 18370
[14:56]   Shai : BNf on the move
[14:56]   Shai : can see 18560 tom
[14:56]   Kathir : @assort good
[14:56]   Janak : shai pl 19k
[14:57]   Janak : bn delta in positive
[14:57]   Shai : BNF also neutral now
[14:57]   Keshav : shai advise on jindal steel
[14:57]   Shai : cash?
[14:57]   Assortz : RM dream came true but after 4 trades 🙂
[14:57]   Keshav : 10 percent up today
[14:57]   Keshav : cash
[14:59]   Kathir : @asso yeah bnf delta positive now
[14:59]   r m : @Assortz, better late … 🙂
[14:59]   Assortz : yes 🙂
[14:59]   Shai : 143.3 in Jindal S is supply
[14:59]   Shai : if it crosses 143 then 149 tom else down to 131 next week
[14:59]   Keshav : okay
[14:59]   Assortz : Kathir yes
[15:01]   Janak : 642 VS 12 – it is an insult to BN 🙂 deltawise
[15:02]   r m : ES again mountainclimbing at 2027
[15:03]   Mandar : rm 1143 contracts bought at 18387
[15:03]   r m : ok
[15:04]   Assortz : RM seems we wont cross 8197
[15:06]   r m : maybe intras booking out, else they will be squared off near 15:15
[15:08]   Assortz : yes
[15:09]   Assortz : Shai, what would be positional SL for BNF?
[15:11]   Shai : now 18270
[15:11]   Shai : have to be careful with Nifty spot in that 8170- 80 zone
[15:12]   Shai : tom open abv 8171 will be good o spot
[15:12]   Assortz : thanks
[15:13]   Shai : if spot trades abv 8170 all next week then expiry/ month end close can come around 8330/ 8350
[15:13]   Janak : bn?
[15:15]   Assortz : as we approach 8180 spot first time after correction, it wont give away easily..unless a gap up
[15:15]   Shai : BF 18700/ 18870
[15:15]   Shai : stay long in BNF
[15:15]   Shai : looking good
[15:15]   Assortz : BF 18422/18559/18700/1870 Janak all future
[15:16]   Assortz : *870
[15:22]   Assortz : NF – carrying longs?
[15:23]   Shai : not a huge qty
[15:23]   Shai : reduce
[15:23]   Shai : we can readdd abv 8180 spot
[15:23]   Janak : bn set for another 500 pts swift move tom or mon
[15:23]   Shai : 8100 ce reducing for the fist time in days
[15:25]   Shai : yes at least 18427 on spot tom +90 from here
[15:28]   Shai : BNF a proper neutral ext clsoe
[15:29]   Shai : Nifty backed off a bit fom 8170 spot
[15:29]   Shai : pre down to 20
[15:29]   Shai : was 50 at the height of the fall
[15:29]   Assortz : RM atlast got my 422 🙂
[15:29]   r m : Good!
[15:30]   r m : Janak got his 420 😀
[15:30]   Assortz : Shai’s 422 🙂
[15:30]   Shai : I remeber when we were last here at 8180 spot mentioning about the prem to redcue from 50 to 35 at this level
[15:30]   r m : yes
[15:30]   Shai : BNF abv today’s close tsl can be moved up
[15:30]   Shai : Bye alll
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Shai : Have a nice eve
[15:30]   Keshav : bye bye
[15:30]   Assortz : bye all
[15:31]   Keshav : good day
[15:31]   Porus : bye

Market Profile and Orderflow Masterclass – Jan 11th

📅 Date: Jan 11, 2024
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Time: 09:30 AM – 06:30 PM
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