OrderFlow charts dated 24th May
08:57 Vtrender Live : (08:54) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/811590901
(08:56) Vtrender Live: option charts – https://join.me/533-382-933
08:59 Shai : (08:59) Shai : Trade plan – https://vtrender.com/evening-marketprofile-report-dated-23rd-may/
09:48 Shai : (09:47) Shai : Intra : short BankNifty near 25650 -655 sl of 27720 tgt 25550. Short higher . cmp 25635.
09:56 Shai : (09:53) Shai : Take a 50%25 position here 25625
10:14 Shai : (10:14) Shai : BNF short in. MOve Sl to 25739 and hold
10:54 Shai : (10:54) Shai : Move SL down to 25705 for the BNF short trade
12:18 Shai : (12:18) Shai : BNF stopped
13:01 Shai : (13:01) Shai : Intra : short BankNifty again 25715 sl of 25779 tgt 25645/ 25610
13:07 Shai : (13:06) Shai : exit the BNF short trade at 25740- 43
14:19 Shai : (08:54) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/811590901
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14:24 Shai : (14:24) Shai : Intra : short Nifty 10449 sl of 10476 tgt 10416.
14:51 Shai : (14:51) Shai : NF short trades- Make an exit
08:54 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/811590901
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08:58 Kathir : GM shai all
08:58 Shai : GM all
08:59 Shai : Trade plan – https://vtrender.com/evening-marketprofile-report-dated-23rd-may/
09:07 Jitender : Gm Shai, Folks 🙂
09:07 Boppanna : Gm All
09:08 Manish : Good Morning friends
09:08 Chetan Shenoy : GM All 🙂
09:11 HK : Good Morning Shai and Team
09:12 Shai : Neutral extreme in BNF yesterday
09:12 Uttam : Good Morning All 🙂
09:12 Shai : Bias point at 25760 for today’s settlement
09:19 Praneeth : GM All, Shai your view on usdinr pls
09:22 TP : GM All.
09:22 Boppanna : IT index looking up
09:23 TP : Shai your MP based bn range for first half …suyog vix giving just 190 points.
09:23 Kathir : now nf also 10-12 points discount
09:23 Shai : 68.38 res – 68.25 supp usdinr intra
09:24 Shai : TP : 25760- 25540
09:24 TP : tks
09:24 Shai : 25500- 25800 outer
09:25 TP : bn calls again following f rather than spot.
09:25 TP : how will this resolve towards expiry.
09:26 TP : 256k call 113 spot 140.
09:26 Kathir : 🙂
09:27 Kathir : some adjustment moves may come Tej ?
09:27 TP : could be cash selling towards expiry to bring spot at par with f.
09:28 Kathir : ok
09:29 Kathir : F already in big discount ..so only cahs deal
09:30 janak : 3,30 pm yday 25500 raced to 38 and today? 2 bucks now. always the same. sell such CEs on previous days of expiry
09:30 Jitender : SC can also pull the fut up
09:31 TP : yes jit …in tht case itm calls better today as trading lower than the intrinsic value.
09:31 Jitender : ys
09:32 Kathir : bnf just 80 IB
09:33 Shai : BNF abt to move 60
09:33 Kathir : nf whats correct POC jit ?
09:33 Shai : long abv 685 only though
09:33 Kathir : screen it is 10425 ?
09:33 Jitender : 426 as per evening rep K
09:35 Kathir : ok. val -10453 vah – 10499 poc 10425 ?
09:36 Kathir : so poc moved nearclose is it
09:36 Jitender : must hv
09:36 Kathir : ok jit Ty
09:36 Jitender : wc ji
09:36 RK : JIt will be named hereafter Master of Pre Frontal Cortex :)..
09:37 RK : Good one JIt..just read it
09:37 Jitender : 🙂 tx mate..all in the spirits
09:38 RK : I know I know..best things in us come out under spirits 🙂
09:38 Jitender : 🙂
09:38 Kathir : 🙂 rk
09:38 TP : Spirits love traders 😉
09:38 Kathir : lol
09:39 RK : RM would say early morning spirits talk would lead to OAIR 🙂
09:40 Kathir : lol
09:40 TP : Thanks for reminding abt OAIR , last few days action made me forget it .
09:41 Uttam : lol Tej today is an OAIR & in yesterday’s spike too
09:41 Uttam : nice once Jit 🙂
09:41 TP : I think Janak was bang on in saying expiry move happened yesterday.
09:41 Uttam : Shai can we have the 10400 CE & PE on the option charts
09:42 Jitender : tx Uttam
09:43 janak : yeah TP, If there is strong downtrend in the week, then they finish the move on Wednesday itself anf fox all the retail on expiry day
09:44 TP : +1
09:46 Praneeth : As per Suyog , bnf range is 190 points
09:47 Shai : Intra : short BankNifty near 25650 -655 sl of 27720 tgt 25550. Short higher . cmp 25635.
09:48 Shai : OAIR today
09:48 Umang : what isOAIR
09:49 Shai : Open auction in Range
09:49 Umang : OK
09:53 Shai : Take a 50% position here 25625
09:54 Kathir : Tej now discount reduced to 50-55 in bnf
09:55 TP : yes kathir spot moved down more than F.
09:57 Shai : stay pprepared for a slow moving day today
09:57 Shai : don’t expect fast moves
09:57 Shai : OAIR
09:59 Santosh : Shai whats the pink bank in 30min NF to be intepreted as below pink bank 1lac + bid ask twice
09:59 Santosh : done 12lac + in A range
10:00 Shai : whicj pink band?
10:01 Shai : ok 30 mins
10:01 Santosh : yes above blue line
10:01 Shai : that is imbalance at the open
10:01 Shai : pink is sell side imbalance
10:01 Shai : the same appears on 5 mins
10:02 Shai : but that is a smaller TF imbalance with smaller targets and quicker moves
10:02 Chetan Shenoy : Shai.. what implications of green and red box pls in 30 mins
10:03 Santosh : sell side imbalance means ?
10:03 Shai : box highlisghts the previous zone where the buyer or seller was more aggressive
10:03 janak : NF quietly did 50 pts down from day high
10:04 Jitender : bnf sustaing 620
10:04 Shai : @Santosh it is covered in the welcome videos. Please look it up
10:04 Shai : too detailed to cover over text chat
10:05 Santosh : ok… will check again may be i missed
10:05 HK : Shai, I have been observing from last Friday, NF is showing decent number of green bands in 5 mins and 30 mins everyday, but these buyers are not able to push up, are these shorts covering or institutions buying on dips
10:06 Umang : Shai welcome video seem in old format and rt changed somewhat..pls add some larification ovwer weekend on the term we see in the cahrt aong with colored lines
10:06 Jitender : MF rejig happn as per RBI instructions
10:06 Chetan Shenoy : tks Shai
10:06 Umang : i feel charts have changed and improved along withtime
10:07 Shai : ok
10:07 Umang : thanks a ton
10:07 Mihir : Anyone who’s following the MF scene closely. When will the rejig pain end?
10:07 HK : May 31st Mihir
10:07 Santosh : great Shai… will look forward for the same
10:07 TP : Shai you were planning a webinar on OF.
10:08 Mihir : Didn’t book my MF gains in the jan dream run. Guilty and how
10:08 Mihir : Thanks HK.
10:08 Shai : @HK responsive buying has been overcome quickly
10:08 Shai : part short covering and part buying
10:09 HK : IMO, dream run starts in June, system says so @Mihir
10:09 Jitender : by June Mihir
10:09 Jitender : end june
10:10 Jitender : & now a green band (10:04) Jitender : bnf sustaing 620
10:11 RK : HK monthly on the edge of giving sell here for me..if gets confirmed then we are looking at another 500 pointer move downside..might happen in June
10:11 Jitender : ys Rk
10:11 Santosh : BNF short in
10:11 RK : all my focus now on that 9950 repair
10:11 Jitender : & ten 9700
10:12 Santosh : RK i sold 70% of my holding at 10700
10:12 TP : Jit DT done tks to Bn.
10:12 RK : this one https://twitter.com/assortZ/status/993842059202019328
10:12 HK : Th Rk, great to have views challenged
10:12 RK : Santosh good
10:12 Jitender : Awesum Tej…
10:12 Santosh : was planning to buy again…but seeing 9900 u writing should i wait
10:13 Santosh : RK what u suggest
10:13 HK : @RK, monthly gave buy yday in NF and I am in
10:14 HK : 10630 decider IMO
10:14 Shai : BNF short in. MOve Sl to 25739 and hold
10:14 Jitender : ys HK 620-630 will be the pivot
10:14 Mihir : Looking forward to June then Jit 🙂
10:14 RK : HK ok
10:15 Jitender : Mihir..i look fwd to everyday here…love wat we do here 🙂
10:15 Jitender : nf gets a green band
10:15 Mihir : MF wise. 😉 Already hooked to the room.
10:15 Jitender : +1
10:16 Mihir : 3 trades done before 10.30. I am done for the day. Will see the orderflow now.
10:16 Shai : large volume
10:16 Shai : sudden spurts
10:16 TP : right at Shai’s buy abv lvl.
10:16 RK : Tej 25800 CE from 8 to 15 🙂
10:17 Jitender : Mihir if u do it daily with disclipline..u will soon be a rich man (10:16) Mihir : 3 trades done before 10.30. I am done for the day. Will see the orderflow now.
10:17 RK : *9 to 15
10:17 TP : +1 rk
10:17 Shai : +1 RK
10:17 Shai : new BNF shorts should go down to 607/ 550 again
10:18 Mihir : /\ Jit
10:18 Shai : great – (10:16) Mihir : 3 trades done before 10.30. I am done for the day. Will see the orderflow now.
10:18 RK : I had no ref but just saw profile of BNF when NF making new low below PDL ad back inside spike..just hit F1 in that CE
10:18 Chetan Shenoy : Nice one Mihir
10:18 Jitender : Tej..2.2xDT 🙂
10:18 Jitender : & the day has just begun
10:19 TP : +100
10:20 Mihir : Thanks Captain! and Chetan 🙂
10:20 TP : congrats Mihir.
10:22 RK : wait for the balance > breakout > acceptance of previous nPOCs up above like 10650 and 10730 then scale in..this zone is not a buy for me in long term view..rest Shai can confirm (10:13) Santosh : RK what u suggest
10:23 RK : even in short term auction dont end in spike and NE nature..so am expecting move further down after a balance here
10:23 Santosh : OK
10:23 janak : Mihir very good
10:24 RK : Apr was trending month..so if you see acceptance below 10400 zone then next destination is Oct profile imo
10:25 Santosh : ok
10:26 RK : Agree (10:14) HK : 10630 decider IMO
10:27 Santosh : ok HK
10:29 Manish : gm everyone
10:30 Santosh : gm manish
10:31 Manish : 09:08 Manish : Good Morning friends; is this my clone :))
10:38 Shai : lol
10:39 Manish : hahaha
10:39 Manish : sssshhhh!!!
10:39 Santosh : which manish now:-laughing 😉
10:41 Gaurav : Two Gaurav’s as well, sometimes get confused while reading evening reports 🙂
10:41 Manish : shai, I am the Manish aka golfdude. Was traveling for a month. Just logged in.
10:44 HK : REs come in f period Rk?
10:47 Shai : Hey Manish welcome back. Hope you had a good trip
10:48 Kathir : WB manish
10:49 Shai : For simplicity webibato goes by first names but if there is an issue please WA Manok 9511921975 with a name of your choice and he will make the changes.
10:49 Shai : Manoj*
10:51 Manish : thanks folks. Forgotten few things. Need to refresh 🙂
10:52 TP : BN sellerunable to push below vwap.
10:53 Shai : yes
10:53 Santosh : TP if i am right vwap is PD extension
10:54 Santosh : is it Shai
10:54 Shai : Move SL down to 25705 for the BNF short trade
10:54 Mihir : Shai: Weekly expiry lottery trade any?
10:55 TP : If this seller covers 760 coming in Bn.
10:55 Shai : vwap is of today- 25659 now
10:55 HK : Shai, REs come at d period or F period? I am referring to NF
10:55 Shai : Lottery around 2 pm better
10:55 Mihir : Okay.
10:56 Shai : can come any period HK
10:56 HK : Thanks Shai
10:57 Shai : yesterday’s big sellers at 25682/ 697
10:58 RK : nothing specific but D period good RE is good for the remainder of the day (10:44) HK : REs come in f period Rk?
10:58 Manish : folks, Jit, TP, Shai a very quick question. Is the extension of the trading hours till 11.55 pm from October good for trading overall ?
10:59 Jitender : for me..yes
10:59 HK : Thanks for the input RK
11:00 Jitender : 10.3ce 146-173 done..one spirite trade….415 lvl was key as per Shai’s evening rep
11:02 TP : Yes Manish the sooner it is extended the better it will be.
11:04 janak : sl 705 still intact
11:04 Santosh : yes did 704
11:06 Shai : That short not looking good
11:07 RK : BNf could do 640 here but
11:07 RK : will hold 710 or one spike up then 640 is the q
11:08 Uttam : BNF value has been pverlapping this week RK/Shai & now moving lower as in NF
11:08 RK : Nf also could fall back to 435 with 475 invalidation
11:10 RK : first time in the fall IBL holds and IBH extends..pattern reversed
11:10 Uttam : +1 RK
11:10 RK : lets see P or extn higher
11:12 Uttam : pink band coming in NF here on RE
11:13 HK : guys take it to 630 tomm
11:14 RK : Tej still that 105combo at 125
11:14 RK : yday by close it got better?
11:14 Uttam : yes RK it hit 137-140 yesterday I think
11:14 TP : yes RK wen high till 143 yesterday.
11:14 RK : cool..
11:15 Uttam : 25660 needs to go in BNF
11:15 Uttam : and we could test day lows
11:15 Mihir : Gamifying market and visualising MP reference with context makes it very interesting for me. Now adding the orderflow terms to it as well.
11:16 RK : yes BNF strange profile..day low possible
11:16 Mihir : +1 RK
11:16 RK : and by then NF could get a test with morning tail..
11:18 Shai : NF 10468- 76 indentified zone from yesterday’s profile . we have tested 10466. Bulls are not in control till we are abv that band
11:18 Shai : identified*
11:18 RK : yes
11:18 RK : and below 10452 morning buyers fail and they will get a retest
11:18 Shai : +1
11:18 Santosh : yes
11:19 Uttam : probable FA at highs in both for now
11:19 Uttam : 25660 & 10440 need to break for downside now
11:30 RK : HK if you break this out now you will be alone..give dip to 10435 so that we will accompany you 🙂
11:30 janak : 705 still intact
11:31 Jitender : & 25700ce not sustaining 57
11:33 HK : RK 🙂
11:33 Shai : 25700 pe being bought
11:34 Shai : they want 42 and 66 in i
11:34 Jitender : amen
11:37 Uttam : poor high & poor low in BNF
11:37 Uttam : so 25790 or 25520 coming today?
11:39 TP : U ttam hit both and stay within the speed limit of 190 🙂
11:39 Jitender : hehe
11:39 Jitender : we get 380 out of it
11:39 Uttam : lol Tej
11:40 Uttam : no probable FA in BNF at top now as price staying above for more than 30mins
11:42 Uttam : 25690 has overlapping POC on 30mins plust that morning pink band
11:43 Uttam : so supply coming here but buyers also there so lets see who gives up
11:43 Jitender : 680 is the dpoc buyr in bnf…tryn 2 defend
11:44 RK : ok I think bots know there is live expiry trade going smwhere at Mumbai with huge audience and decided to stay within 50 points grind all day 🙂
11:44 Uttam : lol RK
11:44 Jitender : lol
11:44 Santosh : Lol …seems so
11:44 Uttam : poor guys could get *****ed
11:45 RK : Uttam am not against anything..just sharing the irony 🙂
11:45 RK : and 452 gives up
11:46 RK : sm buyers taking bail
11:46 Santosh : BNF has holded yesterdays extension 25660-25620
11:46 Uttam : extension handle in BNF was 25715 which is today hgih
11:48 janak : santosh yday bnf went upt 550
11:48 Santosh : ok
11:50 Santosh : todays open was at 25640
11:50 TP : RK ..live expiry …Mumbai ???
11:50 RK : https://twitter.com/BloombergQuint/status/999532322276847616
11:50 Uttam : that event happening today Tej where Jit’s fav guy doing live trading in BNF options
11:51 TP : oh yes got it …TC …missed the date 🙂
11:51 Jitender : the sanke oil vendor
11:51 Jitender : my fav hitlist guy
11:51 Santosh : hahaha Jit fav guy
11:51 TP : Jit loves sundar (beautiful) snakes 😉
11:51 RK : I thnk better we move to Slack if we want to discuss it..not fair to discuss here 🙂
11:51 Uttam : I too had forgotten till I read RK’s post
11:51 Santosh : the slim slim shady
11:52 TP : yes rk …no cluterring of chat space.
11:53 RK : against VT policy-unwanted talk about others in chat room 🙂
11:53 TP : +1
11:54 RK : NF demo on this going on https://twitter.com/assortZ/status/999492868879233024
11:54 RK : first hit close to IBH paid quick
11:54 RK : second hit paying after a pause..
11:55 RK : 15-20 point fade moves
11:55 RK : now 3rd time when it goes there above IBH and if you fade it then mostly boom upside 🙂
11:57 Mihir : +1 RK. Murphy’s law it feels like.
11:57 Santosh : RKs law of trade
11:57 HK : IT and Pharma marching ahead
11:57 HK : when will the turn of banks come
12:01 Uttam : pain also at 25700
12:04 Praneeth : shai, whats the level of USDINR above 68.39 ?
12:11 Mihir : 5th attempt by bnf to stay above ibh and break out
12:12 Mihir : 4th one on for NF.
12:17 HK : is the room getting reloaded again and again today
12:17 Uttam : adding another TPO to the poor highs BNF
12:17 Jitender : no HK
12:18 Shai : BNF stopped
12:21 TP : Jit you on slack.
12:22 Kunal : again pink band on bnf with vol spike
12:23 Jitender : ys Tej
12:24 Shai : yes
12:24 Shai : fast spike up got some algo sellers
12:25 Jitender : & a healthy pink band
12:25 Shai : 28000 at 717
12:25 Jitender : hes talled bnf wile nf was ready to go up
12:26 Jitender : he stalled
12:30 Kathir : he should take out dpocfirst to move down further
12:31 Jitender : GOI discussn sugar cess
12:32 RK : time for some 15-20 quick move here
12:32 RK : above 468 we do 485
12:32 RK : below 456 we do 440-435
12:35 Shai : that pemium mismatch is creating havoc in BN- BNF today
12:35 Shai : 75 point prem now
12:37 Santosh : Shai N Spot 10480
12:38 Boppanna : Shai any buying in 25800ce?
12:38 Shai : yes some greens
12:42 RK : NF sellers not giving up in this 460-470range
12:42 RK : btw spike high is done here
12:42 Davis : (12:35) Shai : that pemium mismatch is creating havoc in BN- BNF today.. heard that it is bcoz of the HDFC Bank dividend
12:43 Praneeth : shai, your view on usdinr above 68.38 pls
12:44 Varun : someone will get hurt
12:44 Varun : sellers pilling up
12:44 Varun : delta full red
12:44 Varun : and price not going down
12:45 Varun : if these reds cvr
12:45 TP : Shai refresh needed.
12:46 RK : above spike high all will run for cover
12:46 RK : as bulls get their fire
12:46 RK : P extn is dangerous
12:46 TP : tks chief.
12:49 HK : It is dangerous for bears RK?
12:50 RK : yes
12:50 RK : forintra
12:50 Manish : shai pl adjust option chart too
12:50 Uttam : 10480 yesterday’s ext handle
12:50 Varun : yday poc nw become splr
12:50 Varun : plr
12:50 Ankush : pink band in 25800 ce
12:50 RK : that EH least siginificant Uttam as we had spike high at 472
12:50 Santosh : RK yesterdays extension getting filled
12:50 Santosh : ?
12:50 RK : so can easily take out 482 and go to POC as Varun says
12:51 HK : POC of 10425?
12:51 Uttam : yes RK 10426 & 10496 hvns
12:51 RK : 10500 HK
12:51 Ankush : whats ypoc value?
12:51 RK : but Shai’s chart says POC came down to 425
12:51 HK : it was 10498 till the last min yday
12:51 RK : yes 498 right
12:52 Mihir : First blood drawn for reds.
12:52 Varun : i period yday is also the seller
12:52 Shai : dropped in last 5 mins that POC
12:52 Shai : 425 was marginally higher than 497
12:52 Uttam : yep
12:53 Shai : last 15 mins volume was the highest of day
12:53 RK : I = 514
12:53 Varun : first time in 6 days an attemot to re on top
12:53 Varun : ya arnd 510
12:53 RK : Varun after range fail at lows
12:54 RK : extn higher
12:54 Jitender : any one for high of the day donee ?
12:54 RK : with 30 point tail
12:55 Varun : slowly abosrbing all supply, if we re on top
12:55 Varun : bulls back in game
12:55 Varun : at 50 dma
12:56 Uttam : Nifty Spot resisting at prev week low for now
12:59 Jitender : bnf stopped at 729…yday 730 was the lvl 2 brk
13:00 Jitender : below 700..dpoc & 770 buyrs will start sweatn
13:01 Mihir : That number has something to it. 25730
13:01 Mihir : (12:59) Jitender : bnf stopped at 729…yday 730 was the lvl 2 brk
13:01 Shai : Intra : short BankNifty again 25715 sl of 25779 tgt 25645/ 25610
13:02 Shai : yes that 740 zone is old 3 day support of b profiles
13:02 Jitender : +1
13:03 Shai : was*
13:06 Jitender : brkn
13:06 Shai : exit the BNF short trade at 2740- 43
13:07 RK : enough time said..when P is extending >5 points in 3rd attempt stay cautious with Shorts..same goes with b
13:07 HK : RK, how far you want to take the NF today
13:07 Uttam : NF into that MB plus above 10480 so looks set to tag 10497 Shai?
13:07 RK : HK 68-85 done here..next leg will decide..may be 515 least
13:07 Umang : bad luck today
13:07 HK : thx RK, will book there
13:08 HK : just onen trade today
13:08 TP : 780-790 bn zone ideal place toa ttempt short.
13:08 Uttam : 11k green stuck at top in BNF
13:09 Jitender : ys Uttam..watch it
13:09 Uttam : reds piling up in NF
13:09 Jitender : will exit abv it
13:09 HK : sellers in NF are royally screwed toay
13:09 Uttam : BNF just short of 2IB
13:11 Praneeth : upmove is because of FED dovish stance yesterday?
13:11 Uttam : sustaining above 25745 BNF can do 25798
13:13 Jitender : Eagle Eyes (13:08) Uttam : 11k green stuck at top in BNF(13:09) Uttam : reds piling up in NF
13:14 Shai : NF and BNF at a zone where the series can be decided
13:15 RK : yes..sideways settlement or deep down
13:15 Shai : hence getting mixed volume
13:15 RK : will be decided in this zone
13:15 Shai : stay light in the zone
13:15 Chetan Shenoy : +1
13:15 Shai : could also be the first day of rollovers
13:16 Shai : hence these green pinks
13:16 Uttam : boom boom BNF
13:16 Uttam : greren band
13:16 Mihir : Couldn’t resist that lovely trade above 730 🙂
13:16 Mihir : Punched one more for the day.
13:19 Uttam : 10500 straddle moving lower so looks sideways only RK
13:19 Shai : BNF away
13:19 RK : tmw trend and close will give move clue Uttam
13:19 RK : Kris will be waiting 🙂
13:19 Uttam : (13:11) Uttam : sustaining above 25745 BNF can do 25798
13:19 Uttam : yes RK for expiry week?
13:20 RK : yes
13:20 Uttam : cool
13:20 Mihir : Super Uttam!
13:21 janak : bulls are back
13:21 Uttam : (11:15) Uttam : 25660 needs to go in BNF(11:37) Uttam : so 25790 or 25520 coming today?
13:21 Uttam : 25660 held on & path of least res became up
13:21 Uttam : 25780 hihg so far in BNF
13:24 Uttam : 25797 high in BNF
13:25 Uttam : above it if it can sustain then yesterday’s FA comes into play at 25840 but looks like we must have been done for the day
13:25 Jitender : suyog’s 190 bnf range done
13:25 Uttam : (13:11) Uttam : sustaining above 25745 BNF can do 25798…high made 25797.65
13:26 Uttam : NF hits that hvn of 10497
13:26 Jitender : +1
13:27 Uttam : BNF moving higher
13:27 Uttam : NF hitting top of that MB
13:28 Uttam : greens in BNF & reds in NF in this rise
13:28 RK : HK 504 am done for now..
13:28 Uttam : BNF forcing shorts to cover?
13:28 RK : rest all yours
13:28 RK : for 515-525
13:28 Varun : done 🙂
13:28 RK : 🙂
13:29 Varun : 2 ib
13:29 Varun : 🙂
13:29 Varun : if 520 seller rejects , nex t three days cld be just rotation
13:29 Varun : 500 pe sellers back
13:29 Mihir : Back to back days of 2ib setup. Different sides.
13:30 Uttam : yes OI increasing in that Varun
13:30 Uttam : as price going lower
13:30 Uttam : 10500ce if sustains above 70-72 will be bullish 61 now
13:31 Uttam : BNF near yesterday’s FA
13:31 Uttam : 25840
13:32 Mihir : Shai sometimes the number in bnf is not a multiple of 40. Is it because of the data?
13:33 RK : BNF back to that 840
13:34 Uttam : yes RK yesterday’s FA
13:34 Uttam : NF resisting at Tuesday’s lows of 10508
13:34 Uttam : 10507
13:35 RK : that 25800 CE from 6 to 78 straight line..no pullback Tej..and facepalm about boasting for 6 Rs profit in that 🙂
13:35 Uttam : lol RK
13:35 TP : rk i had dl in that 27k call around 26 now 150 🙂
13:35 Jitender : tats cool man
13:36 Jitender : all tat matters is green mtm at EOD
13:36 Jitender : DT is mandatory…rest more + or less + is k
13:36 Uttam : NF making an ext handle today exactly where there was a anomaly yesterday
13:37 Uttam : 10470
13:37 RK : we would repair today profile Uttam atelast till 465
13:37 RK : in coming days
13:37 Uttam : bingo RK that tst will show how strong the buyers are
13:38 RK : merge yday and today profile and you can visualise what we can do in next few days
13:38 Uttam : 10450 today’s hvn in NF
13:40 Jitender : pain up at 25800
13:40 Jitender : 25.7ce has a pcr of 7 now
13:40 Varun : yellow zone is pdays microB ?
13:41 Uttam : oh RK it’s a DD so fill up the profile between 10500 & 10450?
13:41 Uttam : yes Varun, prev day or any earlier MF
13:41 Uttam : MB
13:42 Uttam : new leg down in that 10500straddle
13:42 RK : yes Uttam
13:43 Uttam : no wonder Shai was asking to short that 10500 combo
13:43 Uttam : so looking for a smaller range day tom RK?
13:43 Shai : 10508 has reacted . But traction below 10466 only
13:43 Kunal : can bn reach 26300 next week ?
13:43 janak : i guess we go back up to 10525-540 today shai?
13:43 janak : or tom open
13:44 Kunal : if sustains abv todays highs
13:44 Shai : I think day high done Janak now
13:44 Uttam : close above 25840 can give you 26100 which is 1atr in BNF Kunal
13:44 Kunal : ok
13:45 Jitender : Tej 10.6pe 115-136
13:46 Jitender : on bck in Op+R
13:46 TP : +1 jit bn 257 k put monthly 118 to 135.
13:46 Jitender : +1
13:46 Uttam : nice guys Congrats 🙂
13:47 Jitender : brk 770 in bnf..we will get 730 in a flash
13:47 Jitender : tx Uttam
13:47 Jitender : one oppr fails..take the other one 🙂
13:48 RK : great escape (13:28) RK : HK 504 am done for now..
13:48 TP : tks uttam.
13:48 janak : fast fall! crazy
13:48 Jitender : +1
13:48 Uttam : yes RK right timing
13:48 RK : and this is done (13:37) RK : we would repair today profile Uttam atelast till 465
13:48 Uttam : +1 RK
13:49 RK : now dont get into IB pls
13:49 Shai : 10455 buye to be tested
13:50 Uttam : IBH & vwap aligning RK so if that goes can give another Neutral EXtreme today NF?
13:51 Jitender : ghee shakkar for u Uttam..if tat happens
13:51 RK : I wont go for it Uttam as we have two side force
13:51 RK : that will work better when you have one time frame and then failure
13:51 RK : else can whip around
13:52 RK : now for today either be a buyer at lows or seller at highs..follow one path
13:52 Uttam : hmmm till that mornign tail is there RK?
13:52 Uttam : vwap getting buyers here looks like in NF
13:53 Shai : yes
13:53 Uttam : 10435?
13:53 Shai : more likely 10455- 10510 to close
13:53 RK : yes what am saying is you do not know how far it could stretch down below IB as that buyer can defend at any zone
13:53 Uttam : perfect Shai
13:53 RK : between 420-450
13:53 HK : Good Trade RK, I just came back from lunch and astonished the damange you have done to my swings:)
13:54 RK : yours is anyway posnl so you are safe
13:54 HK : yup SL or Target
13:54 RK : *below IBH
13:54 RK : @Uttam
13:54 Jitender : u left yr positions open HK ?
13:54 HK : place part to book at 520, did not go thro
13:54 Uttam : yes RK
13:55 Jitender : man ..never do tat
13:55 HK : yes facepalming
13:55 Jitender : it takes too much effort to earn here……
13:55 Santosh : true
13:58 janak : shai next week’s 25800 ce looks a safe buy
13:58 janak : ?
13:58 TP : Shai 2pm Lotto time 🙂
13:59 RK : whoever carries naked overnight posn or leaving trades without safe SL this could be a gentle reminder as anything could happen here..could once in a moon effect but that could be enough to wipe us https://twitter.com/Biohazard3737/status/999133419094278144
14:00 Shai : BNF looks also done at 840
14:00 RK : I still do that..but should move to safe zone quickly
14:00 TP : yes over did 50 point on upside.
14:00 Shai : didn’t expect it to do 10760- 840 though
14:00 Shai : 25760- 840*
14:01 Uttam : NF back at vwap
14:01 Uttam : this time breaking it
14:02 Uttam : 10450 hvn getting tested
14:02 Jitender : bnf stopped here (13:25) Jitender : suyog’s 190 bnf range done
14:02 Shai : 25800 pe is a lottery
14:02 Shai : some real heavy lifting there
14:03 TP : in at 13 half out at 25.
14:03 Shai : can do more
14:04 Jitender : took it at 12.7
14:04 RK : 10670 possible
14:04 RK : *25670
14:04 Shai : 10455 not defended
14:05 Jitender : Tej ..scr ? 3 to 1.8 & bck 2 3.4
14:05 TP : jit almost 3
14:05 Jitender : +1
14:06 HK : True that RK
14:07 Jitender : today is the perfect example guys…of nothing being absolute or rite/wrong in mkts
14:07 Ankush : shai can take a lottery with 25700 pe?
14:08 Santosh : RK is the tail being defended
14:08 Santosh : now in IB range
14:08 RK : yes they got a test..
14:09 Santosh : ok
14:09 HK : Clearing starts tomm, can be wild for 2-3 days
14:14 Jitender : hehe 10.6 pe 158-168 in 3 mins
14:16 Jitender : from 1.30 st highs to lows at 2pm ..pic changed fr bulls
14:18 HK : vwap close Shai?
14:23 Jitender : Reminder : options will close as per spot price in bnf
14:23 RK : this discount they will stretch till 3.30?
14:23 RK : never tracked it
14:24 TP : no they have adjusted them now to spot
14:24 Shai : Intra : short Nifty 10449 sl of 10476 tgt 10416.
14:25 Shai : ltlle far away for an hur left- (14:07) Ankush : shai can take a lottery with 25700 pe?
14:26 Ankush : ok
14:26 TP : major glitch nse now multiple orders executed.
14:26 Shai : 25800 pe better
14:26 Shai : expecting 25680 F test
14:32 janak : BNF is hell bent today to fail shai’s call today 😉
14:34 TP : expiry games.
14:37 Ankush : shai.. poor lows in bnf?
14:38 Uttam : yes Ankush
14:38 Ankush : likely to be visited?
14:39 Uttam : if 25660 goes then chance there
14:42 Jitender : ex ongc chairman blastn Bjp on tv
14:43 Jitender : rgdn crude prices
14:43 TP : ongc big dump today.
14:43 janak : i think bulls are back and bnf will close around 25800 – tom may see 25900-26000
14:44 Jitender : rumors of windfall tax on omc
14:44 RK : 25800CE they are eying for 5 paisa today?
14:44 RK : at 35 now
14:44 Jitender : hez sayn reduce VAT
14:44 HK : NF bears under water
14:45 TP : RK spot 25879.
14:45 RK : yes Tej
14:46 RK : ok lets try 25800 PE punt at 3
14:46 TP : so 258k looks difficult at .05 ?
14:48 RK : Uttam it whipped around (13:52) RK : now for today either be a buyer at lows or seller at highs..follow one path
14:48 janak : byers and bulls are back and we have seen a bottom for the time being. We go back to 11k in NF now
14:48 Uttam : yes RK, super man 🙂
14:49 RK : setup and context different..better to execute them when both are aligned
14:49 Uttam : BN spot has been making overlapping value all week
14:49 Uttam : true RK +1
14:49 Uttam : yesterday’s spike lower can be taken as a tail in BN RK?
14:50 TP : bn wants to finish the pending 3ib.
14:50 Uttam : so if we move away from this value tomo or monday could be sign of reversal?
14:50 RK : donated to NSE 🙂 (14:46) RK : ok lets try 25800 PE punt at 3
14:51 Shai : NF short trades- Make an exit
14:51 Uttam : oain moves to 25800
14:51 Uttam : pain*
14:52 janak : shai 10500 ce is now a buy?
14:53 janak : and carry also
14:53 RK : NF posied at center for equal chance to hit 420 or 520 tmw morning
14:53 Shai : Looks like one more day n this range Janak
14:53 RK : *poised
14:53 janak : ok
14:53 HK : RK is the buying tail in NF today looks strong?
14:54 RK : HK they got a quick test back..so wont say quite strong
14:54 Jitender : 2.55-3.10 no tradn zone fr me
14:54 RK : see how badly they failed at day highs
14:54 RK : so started seeing signs of bracket here..
14:54 RK : when in bracket all the tails, spike, gaps will be faded back
14:55 RK : I mean filled back
14:55 janak : after many days, buyers have shown some resilience
14:56 RK : and BNF has all the possibilities to hit that 10670 tmw
14:57 RK : very weak structure on profile imo
14:58 Shai : 90 point disc in BNF
14:59 TP : how will they manage options close.
14:59 Umang : shai we shuld analyze what went wrongin BNF nd NF TODAY
15:01 RK : thats what I was also wondering (14:59) TP : how will they manage options close.
15:01 TP : Shai you need to revive the 3ib bot…last alert 28th March.
15:03 janak : that 90 pt discount can be used in gap up tom shai?
15:03 janak : above 26k
15:04 HK : I am done with BNF longs 11:57 HK : when will the turn of banks come
15:04 TP : option pain atill at 258k?
15:05 TP : spot abt to hit 260k.
15:05 Jitender : ys
15:06 Shai : 26000 ce was waht price at open?
15:06 RK : 25800 CE has done 12-128 in 1 hr
15:06 Jitender : just mvd 2 25900
15:06 Jitender : pain
15:06 Jitender : man..lost 1.4 ….finally endn with 1.6 DT
15:06 Kunal : can bnf come to 26300 next week
15:07 Boppanna : 1.5 15:06 Shai : 26000 ce was waht price at open?
15:07 TP : showing 2.75 on nest
15:07 Shai : thanks Bop
15:07 Shai : Kunal this is a settlement trade
15:08 Shai : dout whether we get more upside above today’s high tom
15:08 RK : 25900CE what was low around 2pm?
15:08 RK : 1.10?
15:08 Shai : they are going for the 26000 writers CE
15:08 Kunal : ok
15:09 Uttam : yes RK
15:09 Kunal : so that means bn wont make up to 26300
15:09 Boppanna : BNF could test 25910
15:09 RK : tks Uttam..then it did 40x..insane
15:09 Shai : tom or setttlemnt?
15:09 Kunal : settlement
15:09 RK : 25928 4IB Bop
15:09 Shai : 26200 zoe heavy res
15:09 Kunal : ok
15:10 TP : spot does 260k.
15:10 HK : rk, not gonna miss 520 this time
15:10 Boppanna : B tail of 22
15:10 Boppanna : singles
15:11 RK : ATB HK
15:11 Uttam : ohhh BNF writers puking big time
15:11 Jitender : so sumbody who wud have pumped 1000crs in bnf..wud have doubled his money ….
15:11 RK : only double?
15:12 janak : brilliant bull-trap
15:12 TP : jit min 30x today by biggies.
15:12 Jitender : wat di u end up with ?
15:13 TP : same 3.5
15:13 TP : didn’t trade much post 2.45
15:13 Jitender : _/\_
15:13 TP : but looking at my morning buys was the best day to be away from screen and return now 😉
15:13 RK : could have settled for months 🙂
15:14 Jitender : 🙂
15:14 Uttam : +1 Tej
15:14 RK : 26010 next ref BNF..
15:14 Uttam : I thought the same in the morning when I bought 25700combo arounf 85-990
15:14 Uttam : but exited & now it is 270
15:14 Uttam : 85-90
15:15 Shai : 26000 ce lottery
15:15 Shai : Futures can do 100 more?
15:16 Shai : 26060
15:16 HK : RK finally out at 10511 for 80+
15:17 HK : not holding swing
15:17 RK : perfect one
15:18 HK : after you guys did some jugaad during lunch time 🙂
15:18 TP : Rk your alert abt live option trade was good one …opretaors caught them 😉
15:18 Jitender : happy fr u Hk
15:18 HK : thx for the wishes Jit
15:19 Shai : +! HK
15:19 Shai : Good 1
15:19 TP : +1 HK .
15:19 RK : Tej I dont think so..they said mostly agressive on PE writing..so I think they might have survived today
15:19 RK : lets wait for the screenshots by 3.30 🙂
15:19 TP : lets see … i think mostly guys sell both ce/pe.
15:20 RK : then 25900CE I dont think they had huge exposure..if 26K CE bursts now then yes trouble there
15:20 HK : yes 10400 and 500 Pe written a lot, data says so
15:20 Shai : today’s range biggie
15:20 Shai : unexpected
15:20 janak : trend has changed
15:21 TP : 26k call still at 3 spot 45.
15:21 TP : so still not bursting RK.
15:21 Uttam : 26k pe gone to 0
15:21 Uttam : funny expiry this
15:21 Shai : yes
15:22 Mihir : Shai that 25900 ce was a mad mad entry. I was feeling happy to make 15 out of 3.
15:22 Uttam : but they will need to settle at spot rates right?
15:22 Mihir : Went to 95.
15:22 Shai : spot is at 26060
15:22 TP : i think spot close will be way below 26k.
15:22 Shai : +1 Mihir
15:23 RK : you are lemon..me pumpkin with that 25800 CE clsing at 15 and 200 now..so peace 🙂 (15:22) Mihir : Shai that 25900 ce was a mad mad entry. I was feeling happy to make 15 out of 3.
15:24 Mihir : Haha! RK! 🙂
15:25 janak : both closing at highs
15:25 Mihir : Market has its own way to make me humble even in green mtm.
15:26 HK : 10520 RK
15:26 Shai : sma of the last 30 mins is the settlement price spot
15:26 Mihir : 10526. Maybe we cross. 😀
15:26 Mihir : 3 minutes.
15:26 HK : calls getting sold, avoid longs
15:27 TP : in that case shai if you carry 26k call at 2 plus 30 odd stt still make 10 points.
15:27 Shai : yes
15:27 Shai : there will be major disputes today
15:27 Shai : this pricing is not fair
15:27 Uttam : so hold the 26k ce calls Shai?
15:27 TP : i think biggies not letting that call rise.
15:27 Shai : No Uttam
15:28 Shai : last 30 secs they may bring spot down
15:28 Jitender : bye all
15:28 Uttam : okies scratched them
15:28 TP : +1 chief.
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 TP : Bye All.
15:29 Mihir : Great learning day. Thanks everyone.
15:29 Mihir : Bye.
15:29 janak : 25900 ce was 1.10 to 102 🙂 ha ha who can trade that?
15:29 Shai : 26060 spot close
15:30 Shai : 25970 F close
15:30 Uttam : so that CE should give 60
15:30 Shai : 26000 ce at 4
15:30 Shai : where is the logic in pricing?
15:30 Ankush : will average that spot down to 26004 i think
15:30 janak : he he
15:30 janak : CE price is as per future price isnt it?
15:30 janak : so 4 is too much!
15:31 Ankush : no no spot i think
15:31 Shai : spot close is settlement
15:31 Ankush : 26016.80
15:31 Ankush : spot average close
15:31 janak : but options are generally traded on future price only
15:31 janak : who cares abt spot in BN
15:33 Shai : 26007 should have been the settlement
15:33 Jatin : last half hour weighted avg price
15:34 Jatin : options settled on spot closing price
15:35 Jatin : all option writers have software which keeps calculating the indicative closing price from 3 to 3.30
15:37 Praneeth : thanks all
15:38 Jatin : further in the money index options are charged stt on settlement price
15:38 Jatin : thats why the discount
15:39 Jatin : no one will buy or u will get a huge debit bill thinking u made money
15:50 Shai : yes
09:43 Uttam : Kotak seeing short covering Shai or new buyers today?
09:48 Gaurav : Shai can I look to buy CEAT now positional?
09:55 Santosh : Shai your take on NCC results today
10:00 Santosh : as results today*
10:19 Mihir : Welent headed to your projection of 216/ 234. Did 201.45 today.
10:35 HK : Shai, jet airways does 370 against your posnl target of 340, does it have steam left to go to 340, swing view pls
11:08 Shai : Kotak looks alright – open auction. can drop to day lows again
11:10 Shai : Ceat morning buyer does not look very strong
11:10 Shai : technically ready to bounce as 1284 is a minor supp but may get sold at 1320 again
11:13 Shai : NCC 111 supply band Is a good hold abv it. lower down 98 has shown intent early this week
11:13 Uttam : thanks Shai
11:16 Shai : Jet 330 estimate had an end of june TF
11:16 Shai : open auction today
11:39 Santosh : ok Thanks Shai
12:49 Sandesh : shai sir, veiw on vedl please
13:28 Gaurav : Shai, hard stop for Kotak shorts should be?
13:29 Uttam : it was 1275 closing basis I think Gaurav, did not feel it good in the mornign so exited the PEs
13:32 Gaurav : thanks uttam, I am short via futures so can afford a bit more patience
13:33 Uttam : sure Gaurav, Shai will advise best
14:20 Gaurav : Shai BPCL can go lower to 330-320?
14:37 Shai : BPCL can do 374-76 restest and cna drop to 358
14:37 Shai : 330 looks diff ths series
14:38 Shai : Kotak 1274 stop cash
14:39 Gaurav : on closing basis, right?
14:46 Gaurav : Thanks Shai
14:46 Shai : yes