The key to using Order Flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The Order Flow is like a list of trades and helps to know how other traders are placed in the market.
Vtrender helps you to stay on top of the Market by understanding Order Flow. This increases your flexibility, your data analysis capability and your winning trade signals. And you make your existing systems better.
NF
BNF
Room Chat
08:57 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/633555733
08:59 Shai : https://vtrender.com/market-profile-analysis-dated-16th-december/
09:24 Shai : (09:24) Shai : Intra- Buy BNF 32115 sl of 32010 tgt 32290
09:32 Shai : (09:32) Shai : BNF book at 32160 F for now.
09:40 Shai : (09:39) Shai : Intra- Buy 12100 ce at 55 sl of 44 tgt 72/ 86. Trade smaller size
09:49 Shai : (09:48) Shai : Book 50%25 of the 12100 ce at 61 and ride some at 53 just below cost- (09:39) Shai : Intra- Buy 12100 ce at 55 sl of 44 tgt 72/ 86.
10:22 Shai : (10:22) Shai : Intra – Buy BNF again 32224 sl of 32125 tgt 32388
10:26 Shai : (10:26) Shai : 73.5 now- continue the hold- (09:39) Shai : Intra- Buy 12100 ce at 55 sl of 44 tgt 72/ 86.
10:53 Shai : (10:52) Shai : Exit from the BNF trades at 32245 for now in minor profits
11:35 Shai : (11:35) Shai : Book fiully the 12100 ce cmp 70
13:23 Shai : (13:23) Shai : Intra- Buy BNF above 32265 sl of 32185 tgt 32370/ 32433. Buy abv**
08:57 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/633555733
08:58 Shai : Gm all
08:59 Shai : https://vtrender.com/market-profile-analysis-dated-16th-december/
09:00 Chandrashekhar : GM all
09:01 GS : GM all
09:01 Uttam : Good Morning All 🙂
09:02 Pritesh null : GM to all
09:02 AmitN : Good morning all..
09:08 Ketan : good morn !
09:11 Uttam : looks like we will open right at that 12112 & 32100 levels
09:13 Shai : From yesterday close- 15:22 Shai : tom is clean – we go back to 12111 and take it from there
09:13 Uttam : +100
09:13 Shai : 12112 ref line for the open
09:17 Tejpreet : GM All.
09:19 Shai : open auction again
09:19 Shai : let’s give it 5 more mins
09:22 Shai : BNF may test 32160
09:23 Jitender : 24k green 32123
09:24 GS : Pink dot at bottom of green candle
09:24 Shai : Intra- Buy BNF 32115 sl of 32010 tgt 32290
09:24 Uttam : NF also looking good
09:24 Uttam : 1L 5min POC vol of opening bar
09:25 Uttam : IB after that at 12111 in NF
09:26 Jitender : oair
09:26 Uttam : but COT is minus so looks like yesterday’s longs booking
09:26 Uttam : spike has been rejected in NF
09:26 Uttam : and for now seems to be moving away from that prominent POC of 12112
09:27 Uttam : 12126 was 2nd tgt in hypo1
09:27 Shai : 12150 test due in NF
09:27 Uttam : done
09:27 Uttam : above that 12142
09:30 Shai : imp 15 mins coming up for the day
09:31 Shai : wall of supply was here 32160 and 12133 but we know from the COT of yesterday that they have covered
09:31 Uttam : lets make new ATHs Shai 🙂
09:31 Uttam : boom boom NF
09:32 Jitender : 60k red
09:32 KK : Sell here with SL 12160 ?
09:32 Uttam : yep in NF
09:32 Chandrashekhar : That 65 k reds..new Business Shai?
09:32 Shai : BNF book at 32160 F for now.
09:33 Tejpreet : +1
09:33 Shai : profits taken- (09:32) Chandrashekhar : That 65 k reds..new Business Shai?
09:33 Boppanna : +1
09:33 Chandrashekhar : thanks
09:36 Uttam : new hgihs coming?
09:37 Vishnu : 12192 uttam?
09:38 Boppanna : 272 possible on that 32KCe
09:38 Shai : BNF is key
09:39 Boppanna : Above 272 sustains 330
09:39 Prashant : My trailing SL at 12128.85 was not hit as long as it’s above it, I am long
09:39 Sanjib : ORR?
09:39 Uttam : 12140 Done – (09:27) Uttam : above that 12142
09:39 Shai : Intra- Buy 12100 ce at 55 sl of 44 tgt 72/ 86. Trade smaller size
09:41 Uttam : 12142 to the dot
09:42 Uttam : 12166 next
09:42 Uttam : (09:24) Uttam : NF also looking good(09:24) Uttam : 1L 5min POC vol of opening bar
09:42 Govind : +1 Uttam
09:42 Govind : Done with dt
09:43 Uttam : congrats 🙂
09:43 Govind : much better day today, as you were mentioning 🙂
09:43 Uttam : told you it would be a good day today
09:43 Govind : Thanks
09:43 Govind : Yeah man
09:43 Uttam : abhi to party shuru hui hai 😉
09:43 Jitender : +1 Gov
09:43 Govind : Thanks Jit
09:44 Chandrashekhar : B starting here…
09:45 Shai : OD type – slower- (09:39) Sanjib : ORR?
09:45 Tejpreet : Bye guys , leaving early today .
09:46 Uttam : oh ok Tej
09:46 Shai : 61.5- (09:39) Shai : Intra- Buy 12100 ce at 55 sl of 44 tgt 72/ 86. Trade smaller size
09:46 Uttam : take care
09:47 Jitender : wagha le says trend mkt 2day
09:47 Shai : 12149- (09:27) Shai : 12150 test due in NF
09:47 Prashant : trialing SL at 12133.85 now
09:47 Vishnu : why OD shai ?
09:47 Govind : vix behaving; down 5.4%
09:47 Uttam : OD because we have moved away from POC & the 2 day bal
09:48 Govind : and that was a fat POC
09:48 Sanjib : Thanks @Shai and @Uttam
09:48 Vishnu : ok tht way thanks uttam
09:48 Shai : Book 50% of the 12100 ce at 61 and ride some at 53 just below cost- (09:39) Shai : Intra- Buy 12100 ce at 55 sl of 44 tgt 72/ 86.
09:49 Shai : look to buy the dip in B
09:49 Shai : sl is vwap- filter for day
09:50 Vishnu : sl hit 64k at 12156 ?
09:50 Govind : NF past PD O=H
09:50 Boppanna : Part book 32KCE
09:50 Uttam : 12050 combo entered at 105 exited 50% at 125 average
09:50 Govind : RO point now
09:50 Jitender : +1 uttam
09:50 Jitender : 64k green top
09:50 Shai : +1
09:50 Govind : Congo UG
09:50 Uttam : boom boom bola tha
09:51 Uttam : thanks guys
09:51 Boppanna : All out 32KCE 305
09:51 Prashant : My trailing SL at 12133.85 now
09:51 Jitender : congo BoPs
09:51 Uttam : all thank to VT 🙂
09:51 Prashant : sorry 11143.85
09:51 Shai : Guys open drives are inititaive activity, stop looking at RS when you see IB. Who is more powerful??
09:51 Vishnu : ib
09:51 Boppanna : thx
09:51 Shai : be clear on the rules
09:51 Uttam : (09:24) Uttam : 1L 5min POC vol of opening bar(09:25) Uttam : IB after that at 12111 in NF
09:51 Ankit : +1Shai
09:52 Uttam : 32225 done in BNF now for the next hypo 😉
09:53 Uttam : (09:42) Uttam : 12166 next
09:53 Uttam : NF tags ath
09:53 Uttam : 12158
09:54 Uttam : Dec series though high was 12196
09:54 Uttam : on expiry day
09:54 Uttam : Nov NF hgih was also 12157.8
09:54 Uttam : .9*
09:57 Boppanna : Thx Jit for Wagh out on ur cue..
09:57 Prashant : lol…once again my trailing SL was not hit..
09:57 Uttam : we could actually have a tredn day Bops
09:58 Boppanna : Yes Uttam..but still feel BNF could test vwap once
09:59 Uttam : +1
09:59 Uttam : one more new hgih before IB ends would be nice
09:59 Uttam : C period can have that VWAP test then 😉
10:00 Vishnu : 12130 ?
10:01 Jitender : one probab of DH being done is tere
10:01 Jitender : wc BoPs
10:02 Uttam : Nifty Spot has not yet made new all time hgihs
10:02 Jitender : ys
10:02 Uttam : 12158 in it alos is the ATH
10:02 Uttam : ab itni durr aaye hain to darshan karke to jao 😉
10:05 Jitender : 32190 to watch
10:05 Uttam : 32160 imp ref now in BNF
10:06 Uttam : singls of today plus vwap plus the RPO point
10:06 Boppanna : +1 Uttam
10:06 Uttam : RO*
10:06 Uttam : one test of that will show what BNF intends to do
10:10 Uttam : just in time – (09:59) Uttam : one more new hgih before IB ends would be nice
10:10 Boppanna : Awesome Utta
10:11 Boppanna : *Uttam
10:11 Uttam : _/\_
10:11 Govind : Uttam, Friday Nov 29th NF futures high was 12174.9 no?
10:11 Ankit : Got out of yesterday’s CE in profit …that it a big relief
10:11 Uttam : congrats Ankit
10:12 Ankit : @shai.. your tweet about shorts covering positions in the last 15 mins..gave a sigh of relief hehe
10:12 Uttam : yes Gov
10:12 Sanjib : 81K Sellers at 12158
10:12 Ankit : thanks a ton Shai and UTTAm
10:12 Ankit : @uttam…your levels are like prophecy hehe
10:12 Govind : So, that is the ATH right?
10:13 Uttam : 28th expiry day it had hit 12196
10:13 Uttam : but yes if we take from new series hgih is 12174
10:13 Vishnu : sanjib dont look at rs in an open drive IB is more powerful
10:13 Sanjib : OK, tx
10:13 Govind : Ok man, thanks
10:13 Uttam : BNF did not make new highs
10:14 Vishnu : c started
10:14 Uttam : Spot still 25 points away from ATH
10:14 Govind : Yes
10:15 Govind : C wants to take this up?
10:17 Uttam : 12166 not hyet tagged in NF. 12161 high so far
10:19 Prashant : Nice volume today, I think. When there is a trend with good volume, it’s important to not to chichen out and stay with trend as long as trend is valid. To me, it becomes invalid below 12145
10:19 Uttam : vwap plus filter is the ref for tredn day
10:20 Prashant : I am not anticipating trend day as of now…
10:20 Prashant : I am talking about current trend
10:20 Shai : #orderflow – it is the engine which drives all this – (10:12) Ankit : @shai.. your tweet about shorts covering positions in the last 15 mins..gave a sigh of relief hehe
10:20 Jitender : Prashant..watever mayb the view…the disclipline in risk management is always a must
10:20 Jitender : else its pure gamble
10:21 Shai : C range is 12178- 12132 F
10:21 Shai : orgnaise the stop loss accordingly
10:21 Jitender : +1
10:21 Ankit : @shai can completely agree +1
10:21 Uttam : +1 Shai
10:21 Uttam : +1 Jit
10:22 Shai : Intra – Buy BNF again 32224 sl of 32125 tgt 32388
10:22 Uttam : hello 12165
10:22 Uttam : exited that 12050ce rest at 105
10:23 Uttam : (10:17) Uttam : 12166 not hyet tagged in NF. 12161 high so far
10:24 Uttam : BNF when will you start your engine?
10:24 Boppanna : Congrats Uttam
10:24 Uttam : thanks Bops 🙂
10:24 Uttam : 12166 high to the dot in NF
10:24 Uttam : BNF also new hgihs now
10:24 Jitender : +1
10:24 Prashant : Trailing SL at 12,151.45 now
10:25 Uttam : chalo chalen
10:25 Uttam : 12186 is the vpoc next
10:26 Shai : 73.5 now- continue the hold- (09:39) Shai : Intra- Buy 12100 ce at 55 sl of 44 tgt 72/ 86.
10:26 Uttam : holding Shai one last lot
10:26 Uttam : have placed sell order at 82.5 in it
10:27 Shai : yes that vpoc at 12188 is calling
10:27 Govind : 45k red in bnf stalling this?
10:30 Uttam : paet of that 1L people booking?
10:31 Prashant : 12,161.45 Now
10:31 Prashant : My trail SL
10:33 Prashant : Trailing Stopped out
10:33 Jitender : tats riskm management +1
10:34 Jitender : the chicken gets 2 survive 🙂
10:34 Uttam : vwap test coming?
10:34 Prashant : 12108 -> 12161.3
10:34 Prashant : is what I have done
10:34 Boppanna : Nice one Prashant
10:34 Prashant : 🙂 Thank You!
10:35 Uttam : congrats Prashant 🙂
10:35 Prashant : Thanks!
10:36 Pritesh null : NIFTY spot resistance@ 12168 (if goes up Time to Short)
10:36 Uttam : where do you get these levels Pritesh?
10:36 Uttam : we have never been there so how do we know that is resistance?
10:38 GS : Holding BNF buy
10:40 GS : @uttam 10:30, 10:35 candles responsive selling?
10:41 Uttam : yes but today as Shai said earlier we have an initiative buyer so we will need to see how he is doing & not the RS
10:41 Prashant : To me long makes sense iff day’s high broker with high volume and sustained…I won’t be trading long though today.. Tomorrow there is a GST meet and I don’t know how many are willing to close higher from here…
10:42 Prashant : and , shorts below 12143
10:44 Shai : true , but there is no need of all that guesswork – we have the orderflow here and will rell us when shorts are built
10:44 Vishnu : +1 sahi
10:44 Uttam : +1000
10:45 Uttam : we expected a move today at close yesterday based on MP & got that confirmation in OF this morning at open
10:45 Uttam : right now again in a imbalance
10:45 Shai : 12168- 12153 it was – (10:21) Shai : C range is 12178- 12132 F
10:45 Shai : D is 12178- 12149 projected
10:45 Prashant : right, but isn’t it possible that the selling could be RS for the rally we had so far..? IMHO, the IS below 12143 would be a real short…The range that I mentioned is a structure market formed in last 1 hour
10:46 Shai : Id D does not amke a HH, we move to the next probability
10:47 Prashant : ok
10:48 Govind : NF needs only 3 points for D HH
10:49 GS : @uttam Is there a way to view past MB charts or somewhere on VT website?
10:51 Uttam : MB charts are of the shortest timeframe GS so good only for intraday references not much for a hgiher timeframe
10:52 Pritesh null : bank nifty spot resistance 32218
10:52 Uttam : MP is about balance & imbalance so when we are in a balance we trade the 80% Rule which is VAH to VAL & vice versa
10:52 Uttam : which is what we do in these MBs
10:52 Pritesh null : it will go up then better to Short
10:52 Shai : Exit from the BNF trades at 32245 for now in minor profits
10:53 GS : cool
10:54 GS : lot of struggle going on there
10:55 GS : @uttam ok
10:58 Vishnu : 12222 possible today ?
11:00 Uttam : can Nifty Spot tag the ATH before D ends?
11:00 Uttam : 12139 now
11:00 Uttam : 20 more to go
11:01 Ankit : Trend ays are crazy.. First you dont get entry easily…once you enter…RS scares you out hehe. And by the time you realise these RS cant do much … you are out of the trade hehe
11:01 Ankit : *days
11:01 Ankit : basically…you make profits for sure…but yes difficult to rde the whole wave
11:02 Uttam : avoind multiple entries Ankit, enter at open once you feel it is a probable Trend Day and book part & sit tight with rest with TSL
11:02 Uttam : look at entry when you get RB at a VWAP test
11:02 Ankit : yes uttam…took just one trade
11:02 Uttam : re-entry*
11:02 Ankit : ohkay
11:02 Ankit : yes makes sense
11:02 Ankit : Around Vwap
11:02 Ankit : 🙂
11:02 Ankit : thanks
11:02 Uttam : I am just managing what I had taken yesterday at close, no new trade today
11:03 Ankit : okay…actually thats good 😀
11:03 Uttam : had the 12050 & 12100 combo so exited the PE part at open when I saw NF giving a move away from yPOC
11:03 Ankit : achaa
11:03 Uttam : and been booking the CEs in parts, just one last lot of 12050ce left
11:04 Ankit : +1
11:04 Ankit : good strategy
11:04 Uttam : though the straddles closed at lows yesterday but via MP we could see that we have a 2-day balance so could get a bigger move today
11:06 Ankit : hmmmm… how many days of balance usually gives us a signal that a move is expeted?
11:06 Govind : +1 Uttam, and to add to your points, market came down yeterday and the COT turned blue which can be bought.
11:06 Ankit : can we have back to back trend days 3-4 days in your experience
11:06 Govind : Shai had tweeted about the COT too
11:06 Ankit : @govind.. yesh true! thats what i saw Shai mentioning too
11:06 Uttam : no fixed number for how many days balance can take but we started a new imbalance last week from that Neutral extreme day
11:07 Uttam : so last 2 days was a pause in that imbalance
11:07 Uttam : +100 Gov
11:07 GS : Yes @Ankit I agree not easy entry and once entered RS looks scary haha… but @uttam any tips/indication which we can use to know the selling which is happening is RS from the chart numbers for someone who is not experienced like you guys
11:07 Uttam : which meant that the shorts had booked
11:07 Govind : COT magic
11:08 Uttam : @GS simple funda, above VWAP buyers are in control & below VWAP it is the sellers
11:08 Uttam : so RS which is not able to break VWAP is not doing a good job
11:08 Uttam : and could only be old business which is longs which are booking
11:08 Boppanna : New high BNF 6 more min Uttam
11:08 Uttam : Bops setting the timer 😉
11:08 Ankit : wow very convenient
11:08 Ankit : thansk UTTAm
11:09 Ankit : thanks GS
11:09 Uttam : 60 points in 6 mins you want BNF to do Bops ;-0
11:09 GS : @Ankit @uttam learning from you guys and your productive interactions
11:10 Boppanna : That or vwap test u should show the way
11:10 Prakash : _/\_ UG always
11:10 Uttam : _/\_ I can only try to see what BNF is showing
11:10 Jitender : Ankit..even i became cautious and didnt trade C extn…..
11:10 Jitender : i dont trade now wat i dont understand or m clr abt
11:10 Uttam : +1000 Jit
11:11 Jitender : so wats the ans to iy ?
11:11 Shai : D is still HH – (10:46) Shai : Id D does not amke a HH, we move to the next probability
11:11 Uttam : Shai alwasy says that do not risk your money in a trade you do not understand
11:11 Ankit : @jitender then looks like i am the rigth track…as i am doing the same. everytime i have traded soemthing i didnt understand…made sure i neevr forget that trade 😛 +1 @JIt
11:11 Jitender : good
11:12 Ankit : @GS thanks buddy….have decided to be besharam in understanding things hehe… its quicker that ways
11:12 Jitender : now u have to figure out wat kind of trader u are…viz yr strength n weakness
11:12 Ankit : 😉
11:12 Jitender : yday i made a killing relatively
11:12 Ankit : ohh
11:12 Jitender : i can go easy …..
11:12 Uttam : while we all just gazed at the acreens Jit ;-p
11:12 Ankit : i feel i do better on rangebound days
11:12 Jitender : wait fr an oppr and ten strike
11:12 Ankit : yes!!
11:12 Jitender : same here Ankit
11:12 Ankit : +1000 JIt
11:13 Ankit : couldnt agree more
11:13 Jitender : as long as i have DT green mtm
11:13 Ankit : great…thansk for the validation!!!
11:13 GS : @Ankit that’s the way dude same here hope @uttam and @shai don’t mind besharam people haha
11:13 Jitender : and a system with risk management
11:13 Jitender : and VT team to learn from
11:13 Jitender : m happy
11:13 Ankit : @jitender yes..risk management is little wek…needto be discplined on that part
11:14 Jitender : u cant trade every move…i get 3-4/5 correct in a day…m home
11:14 Ankit : ri guess the best thing i did in 2019 was to join you guys…thanks a ton Vt and Shai
11:14 Ankit : true
11:14 Ankit : A daily taregt…and should move aside i guess
11:15 Jitender : Shai the only guy out tere who is a trader first
11:15 Jitender : and understands the mkt
11:15 GS : I am new to OF, have been reading blogs, videos but learnings coming from experts here is 10 times better (creates confidance)
11:15 Uttam : Vix getting resisted at 13
11:15 GS : and like @shai said trying to get rid of guess works (unlearning)
11:16 Govind : come on, lets go now
11:17 Jitender : rest all twitter guru’s/ seminar guys are bad traders and earn their living out of dishn out below avg stuff in seminars
11:17 Ankit : +1 GS
11:17 GS : @jit lost some to those babas , I know man around jan feb 2019
11:17 Ankit : +1 Jit
11:18 Govind : 32269 needs to go; is where that seller came
11:18 Jitender : not coz m in the upper window here…i say this coz i have been long enuff in the mkts to know the value of VT
11:18 Vishnu : bnf on the way to test 32400 above
11:18 GS : @JIt they are like Mafia of telegram groups, WA and what not
11:19 GS : NF going up
11:19 Shai : base being built at 12154
11:19 Uttam : Spot not making new highs yet
11:19 Govind : Yes Uttam, has been almost there for some time now
11:19 Shai : BNF is not trending up
11:19 Shai : NF still is
11:19 Uttam : +1 Shai
11:20 Prajwal Shetty : ledge??
11:21 Jitender : bnf 255-226 range
11:22 Uttam : come on lets do this – (10:25) Uttam : 12186 is the vpoc next
11:22 Shai : E is HH
11:22 Uttam : finally spot making new highs in Nifty
11:23 Govind : BNF waking up
11:23 Uttam : Bops train seems a little bit late thats all
11:23 Govind : 🙂
11:24 Boppanna : That 32KCE not able to sustain push above 305 still
11:28 Boppanna : Posted a P&F chart for people interested https://vtrender.slack.com/files/U13M1P66A/FRSCH656C/2019-12-17__4_.png
11:30 Govind : BNF spot showing more life
11:32 Uttam : looks like Pritesh getting it to his leel to short it
11:32 Uttam : level*
11:34 Jitender : 12.76 vx
11:34 Boppanna : vwap moving to 200 in BNF
11:35 Shai : Book fiully the 12100 ce cmp 70
11:35 Jitender : Ankit 255-210 dne bnf….inchn closer 2 DT
11:35 Ankit : Copy!
11:35 Ankit : +1
11:36 Uttam : done Shai +1
11:36 Uttam : no positions now and as Jit says time for a cuppa 😉
11:37 Uttam : ‘p’ profile forming looks like
11:37 Shai : high is 12176- (10:45) Shai : D is 12178- 12149 projected
11:38 Uttam : awesome 🙂
11:38 Ankit : woah!
11:38 Shai : 12154 shopuld hold the move per the Orderflow of day
11:38 Jitender : bck here (10:05) Jitender : 32190 to watch
11:42 Uttam : vwap also there now in BNF
11:43 Abhiraj Dhamija : @shai 12154 should holp the move as per orderflow , how did we compute that ?
11:44 Uttam : todays hgihest vol at that level
11:44 Uttam : dPOC plus RO point
11:46 Abhiraj Dhamija : ok,thanks
11:46 Uttam : overlapping POC on 5mins at 12160
11:46 Uttam : big reds but demand also coming in there
11:47 Uttam : 0s at 12170 needs to be taken out now
11:47 Uttam : BNF also got 2 big reds at VWAP
11:47 Uttam : but not getting accepted below it
11:49 Ravi : overlapping POC indicating price rotation and hence a hurdle to the trend?
11:51 Uttam : that overlapping POC is in sync with the trend na Ravi, how hurdle?
11:53 GS : @uttam There are 2 values above OF of every candle, just want to confirm with you regarding blue, white and yellow colored numbers one of them is delta and volume. can you throw some light on that.
11:54 GS : 3*
11:57 Boppanna : @GS blue is COT
11:57 GS : @Bop yellow and white?
11:58 Boppanna : yellow is volume white is delta
11:59 GS : Thanks @Bop
12:03 Ravi : Thanks Uttam, i was coming from the perspective that the rotation is temporarily holding the trend..but agree it doesnt show any thing to assume it is not a trend
12:07 Ravi : waiting for G , H periods
12:09 Shai : cmp 12167 we have still sl at 12153 and range is now 12187 for this period
12:10 Shai : maintain trailing here – (11:19) Shai : base being built at 12154
12:10 Shai : it’s the proper way to manage a trailing stop loss
12:11 Shai : Looking good for 12187 now
12:11 Abhiraj Dhamija : how do we come with 12187 figure ?
12:14 Govind : Abhiraj, please look at the MP chart
12:16 Abhiraj Dhamija : @govind yes i am looking at it , its market with a black line but its not exactly mentioned which reference point it is
12:16 Uttam : (10:25) Uttam : 12186 is the vpoc next
12:17 Govind : POC from 11/28
12:17 Uttam : in MP whenever we move away from a prominent POC targets are the vpocs in the direction of the move
12:17 Abhiraj Dhamija : ok,got it thanks
12:18 Boppanna : such a nice mb that one BNF
12:20 Uttam : spot new highs again in Nifty but unable to get to that 12155
12:20 Shai : 🙂 – (12:14) Govind : Abhiraj, please look at the MP chart
12:20 Uttam : BNF needs to show some intent here
12:22 Shai : the day you move away from trading random and mumbo jumbo levels to delaing with dierct market generated info, you have taken the first step to being a pro trader
12:22 MJ : ++++ Shai
12:22 Ankit : +1000
12:22 Vijay : +1000
12:23 MJ : Shai vol build good enough to handle RO point for few days?
12:23 Vishnu : NF well managing above last two days high . nice move
12:26 GS : VPOC (volume POC) right ? so that means If trend day is confirmed then most of the time day targets will be VPOC of previous days?
12:26 Vasant : 30 min charts link
12:27 Vasant : just entered
12:27 Uttam : its there in tab A Vasant
12:27 Uttam : 08:57 Vtrender L: 30 min charts – https://global.gotomeeting.com/join/633555733
12:28 Uttam : vPOC is for virgin POC here not the volume POC @GS
12:29 Uttam : or what we call the naked POC – a POC which has not been visited since the day it was formed
12:29 Boppanna : BNF Need more greens here Uttam ?
12:29 Uttam : aayga
12:29 Uttam : aayega
12:29 Vasant : ya got it thanks
12:29 Shai : 12178
12:29 GS : got it
12:29 GS : @uttam thanks
12:29 Uttam : +1
12:30 Shai : 12164 trailing now – (12:09) Shai : cmp 12167 we have still sl at 12153 and range is now 12187 for this period
12:30 Govind : +1 Shai
12:32 GS : 187 dur nahi, one spike can reach it
12:32 Shai : 11 mins
12:32 Uttam : (09:31) Uttam : lets make new ATHs Shai 🙂
12:33 Uttam : Spot inching towards new ATH
12:33 Uttam : 12153
12:33 Boppanna : MB trade part book BNF
12:33 Govind : and BNF spot makes new highs for the day
12:33 Govind : +1 Bops
12:33 Uttam : warming up looks like – (12:20) Uttam : BNF needs to show some intent here
12:34 Uttam : more vols needed in BNF
12:35 Govind : This is a new ATH for BNF spot
12:35 Uttam : yes
12:41 Shai : close at 12175 F
12:41 Shai : pull back due now
12:42 Jitender : Ankit 32190-32054..thru with DT
12:42 Shai : low risk high reward opp to buy a pullback in NF with sl below vwap
12:42 Shai : 12153 still the base supp
12:43 Shai : BNf got stonewalled by those 0’s at 32285
12:43 Shai : else this had legs
12:43 Jitender : *32254 (12:42) Jitender : Ankit 32190-32054..thru with DT
12:45 Boppanna : +1 Jit
12:45 Uttam : congrats Jit
12:45 Govind : +1 Jit
12:45 Ankit : +1 Jit!!!
12:48 Jitender : tx guys
12:50 Uttam : https://mplite.vtrender.com/?symbol=O_NIFTY12200CE20191226&tf=daily&tpo=2&sp=1&startDate=25-11-2019&endDate=16-12-2019&nDays=16&idstr=.5_0.5_1&dstr=4.2.3._2.3._2&rst=0&iam=
12:50 Uttam : NF 12200 CE monthly above 78 could rise to 100
12:50 Uttam : above it 138\
12:55 Ankit : Thanks UG. are the pink bands in MP lite sellers? thats what i could understand from your levels and the MPlite chart
12:56 Uttam : vpocs
12:56 Uttam : pink is the POC
12:56 Uttam : green is the VWAP
12:56 Ankit : ohkay
12:56 Ankit : now the targets make more sense…thanks
12:57 Uttam : above 68 that CE looks good for 88
12:57 Uttam : 80% rule
12:57 Uttam : SL below 60
12:59 Uttam : A) Nifty needs to get above 12101-108 & sustain for a move to 12155 & 12208-211
12:59 Uttam : spot 12155 done
13:00 Uttam : if we stay above it can do 12200 today
13:00 Ankit : touchwood
13:00 Uttam : A) BankNifty needs get above 32050 & sustain for a move to 32127-168 / 32221 & 32310-330
13:00 Uttam : BN Spot high so far 32213
13:00 Uttam : above 32222 can give another 100+ points
13:01 Uttam : Spot matches ATH
13:01 Uttam : 12157 once again here
13:02 Boppanna : DEGH similar highs so far
13:02 Boppanna : BNF
13:02 Pritesh null : nifty Spot near time to short
13:02 Uttam : lets get that afternoon dip
13:03 Jitender : (13:02) Jitender : 12180 has aDT
13:11 Uttam : vwap & ibh combo imp ref now
13:23 Shai : Intra- Buy BNF above 32265 sl of 32185 tgt 32370/ 32433. Buy abv**
13:39 MJ : What is aDT?
13:39 Uttam : double top
13:39 MJ : Oh
13:40 MJ : Thanks uttam.
13:40 Uttam : 🙂
13:40 MJ : was rattling my brain 🙂
13:41 Uttam : lol
13:41 Jitender : 🙂
13:43 Uttam : Bops giving J period ext handle?
13:44 Rajiv : SO the big boys are only giving a 10 point afternoon dip?
13:46 MJ : 12144 waiting with small order if it comes.
13:46 Boppanna : 32KCE giving a sell
13:47 Uttam : ok Rajiv the big boys heard you 🙂
13:47 Rajiv : They are in the room:)
13:48 Uttam : yes Jit & Bops are here while Tej has taken an off today 🙂
13:49 Boppanna : lol Uttam… Jit yes big man ..My 4 lots hardly 270-305 range on that 32KCE IMO
13:49 Govind : Musharraf sentenced to death by Pak court
13:49 Govind : in absentia 🙂
13:50 Uttam : what man Gov, why that news now ;-p
13:50 Govind : I am so bored man
13:50 Uttam : lol
13:50 Jitender : BoPs Uttam is the biggest of us all…now
13:50 Uttam : ya ya today my turn again I guess for leg pulling 😉
13:51 Chandrashekhar : i was about to post that news here..thought it would have no impact…
13:51 Uttam : I also saw that & was wondering if hes still alive 😉
13:52 Uttam : biggest CE OI is in which strike monthly?
13:53 Govind : 32000
13:53 Uttam : 12000 in NF?
13:53 Govind : 12300
13:53 Govind : 14 million
13:54 Uttam : 12k has 23
13:54 Uttam : though PE has 46L
13:54 Govind : 12k has 7.4 lac
13:54 Uttam : monthly Gov
13:55 Govind : Yep, sorry it is 12k
13:55 Govind : 23.8 lac
13:55 Uttam : +1
13:56 Govind : Day COT deep red in both; actually since morning.
13:57 Uttam : BNF low right at Jits 32190
13:57 Uttam : now tell who is the big boy ;-p
13:59 Rajiv : JIT planning a flat close in BNF today?
14:01 Uttam : this is getting tested – (10:05) Uttam : 32160 imp ref now in BNF(10:06) Uttam : singls of today plus vwap plus the RPO point
14:02 Jitender : lets c Rajiv…no firm view as of now
14:02 MJ : 24k bnf reds and 27k nf reds.
14:02 MJ : upside down yet?
14:02 Jitender : (13:03) Jitender : (13:02) Jitender : 12180 has a DT
14:02 MJ : +1 J
14:04 AmitN : +100 J
14:04 Jitender : cheers guys
14:07 Jitender : bse says will open mkt on saturday….on budget day
14:07 Jitender : i told u so 🙂
14:07 Govind : Nice one Jit
14:07 Govind : Now NSE will follow suit
14:08 Chandrashekhar : ha ha..can we see another sitaraman candle 😉
14:15 Pritesh : Kotak & HDFC Bank heading towards day highs..
14:19 Govind : C period highs (C extension) was never taken out in BNF F
14:20 Govind : 4 banks in the red now, almost 5
14:31 KK : NF is thinking 12225, if sustains till spike time, so every dip 12160 is a buy for me with SL 12144 ?
14:32 KK : Shai mentioned that 12142 crossed, this will head to 12222.
14:33 Uttam : now better to buy one an ext handle KK
14:33 Uttam : on an*
14:34 Uttam : Jit has sealed it with DT at 12180
14:34 Uttam : that C side ext standing out like a horn in BNF
14:34 Jitender : ys
14:35 Jitender : did just a C extn after tis (10:01) Jitender : one probab of DH being done is tere
14:35 Jitender : GST council meet morrow
14:36 Shai : yes that is the play here – (14:32) KK : Shai mentioned that 12142 crossed, this will head to 12222.
14:40 Uttam : spike time coming in 4 mins if at all we get one
14:41 Pritesh : what a time
14:41 Uttam : ‘p’ profile so possiblity therre
14:41 GS : cause of internet issues could not connect for an hour or so
14:41 GS : hope didn’t miss much
14:41 Boppanna : 160 being handled with care BNF
14:42 Rajiv : Bops let wait for the third time
14:44 KK : .
14:44 Shai : still holding up- (12:42) Shai : 12153 still the base supp
14:46 GS : Let’s go 370/433
14:52 GS : @uttam in BNF MB chart there are small/big red shaded circles, do they signal a possible fall?
14:54 Uttam : red delta means there are more sellers in that MB
14:55 Vishnu : uttam day cot getting -2.67 lakhs
14:55 Vishnu : is it profit booking ?
14:55 Uttam : first 30mins only had -1.7L Vishnu
14:55 Uttam : so yes ysterdays longs booked looks like
14:56 Uttam : Jit giving 3:05 move?
14:57 Vishnu : in 30 min of
14:57 Vishnu : its shows under
14:57 Jitender : less likely UG
14:57 GS : @uttam got it
14:58 Uttam : ok Jit
14:58 Chandrashekhar : 3:05 move coming here?
14:58 Chandrashekhar : sorry Uttam..i missed your comment
14:59 Govind : Let’s take that tweezer top
14:59 Govind : done
14:59 Uttam : jai bam bam bhole
14:59 Jitender : Uttam did it
14:59 Shai : Keep the BNF long option open in system
15:00 Shai : looking for a fast probe upwards
15:00 Govind : I’ve a feeling you both did it
15:00 Uttam : BNF should join else not possible
15:00 Uttam : 3:05 still not come
15:01 Govind : NF spot 55 paise from ATH 🙂
15:02 GS : @shai waiting for it rally up
15:02 Boppanna : Who is that dare devil 65K at 3pm
15:03 KK : bnf poor support
15:03 GS : no dhoka
15:04 Uttam : come on BNF show us your move 😉
15:04 Govind : New ATH
15:04 Vishnu : 12186
15:04 Uttam : 12186 vpoc tagged in NF
15:05 Uttam : no volumes still in BNF
15:05 Uttam : now it is showing some life
15:05 Govind : The beast is not feeling it today Uttam
15:05 Boppanna : BNF turn now can it push
15:06 KK : reversed
15:07 GS : give some 100+ push
15:07 GS : seller ?
15:15 GS : struggle is real
15:16 Uttam : scratched that 12200ce from 70 to 73
15:17 Ankit : lol i exited at 73 too
15:17 Uttam : BNF not giving a convinvcing close here so will take a fresh view tom
15:17 Ankit : ok
15:17 Shai : should do 12222 at open tom
15:17 Ankit : ohh
15:17 Shai : BNF weird behavior
15:17 Ankit : shall we buy a CE small quanity for tomoorw then?
15:18 Ankit : NF
15:18 GS : btst?
15:18 Shai : 10.35 Orderflow candle watch tonight in charts in the BNF
15:19 Jitender : tat buyr 32123 ?
15:19 Vishnu : ok
15:19 Ankit : ok
15:19 Shai : 58K seller
15:19 Shai : with 0’s at top
15:19 Jitender : k
15:19 Shai : classic
15:19 Shai : OF action
15:19 Jitender : done
15:20 Uttam : yes that showed a secure high
15:20 Ankit : ohh can see it right now…textbook example!!
15:20 GS : it started
15:20 Uttam : 12192
15:21 Uttam : c) Above 12142, NF can probe higher to 12166 & 12186*-192
15:21 Uttam : some shorts feeling the pressure in NF?
15:21 Ankit : @shai the daily COT has shifted to deep red through the day. Does it say we should be cautious in buying for tom?
15:21 Uttam : 50k COT in this bar
15:21 Shai : yes @Ankit
15:21 Shai : tom would be more 2 way
15:22 Ankit : got it
15:22 GS : so tomorrow’s 12222 still on or scrapped?
15:22 Uttam : NF high 12192 to the dot
15:22 Ankit : thanks…this is rel learning
15:22 Ankit : uttam +10
15:22 Ankit : your levels are prophecy… i am telling you hehe
15:22 Shai : still on- (15:22) GS : so tomorrow’s 12222 still on or scrapped?
15:22 Uttam : 78 was my first tgt i nthat 12200ce
15:22 Uttam : looks like will hit
15:23 Uttam : but did not want to take a chance in last 10 mins
15:23 GS : @shai thanks
15:23 Govind : NF on steroids
15:23 GS : it is a hustle
15:23 Govind : happened after RIL turned around
15:24 Uttam : (12:50) Uttam : NF 12200 CE monthly above 78 could rise to 100
15:24 Uttam : 77.2 hgih so far in that
15:24 Uttam : boom boom
15:25 GS : last 10 mins move to 100s
15:25 Uttam : (12:57) Uttam : above 68 that CE looks good for 88(12:57) Uttam : 80% rule(12:57) Uttam : SL below 60
15:25 Uttam : that CE made a low of 61.9
15:25 Jitender : +1
15:25 Shai : (12:10) Shai : maintain trailing here – (11:19) Shai : base being built at 12154(12:10) Shai : it’s the proper way to manage a trailing stop loss
15:25 Jitender : +1
15:25 Shai : imp tom as well
15:26 Shai : 12200 almost
15:26 Uttam : yes Shai
15:26 Shai : not wroth carrying longs now
15:26 Shai : we review tom
15:26 Uttam : +1
15:26 Shai : Any dip bear 12155 os a buy
15:26 Shai : near*
15:26 GS : cool
15:26 Boppanna : Both close above RO point
15:27 GS : it’s already on mood of touching 222
15:27 Uttam : 12200 has 16k sell orders 🙂
15:27 Uttam : round number SLs 😉
15:28 GS : hope everyone is in green today
15:28 Uttam : oh yes 🙂
15:28 Ankit : hell yeah!
15:28 Uttam : 12200 here
15:28 Uttam : SL to jaani hi tha
15:28 Boppanna : 1lkh green
15:29 GS : thanks @all for another good day
15:29 Uttam : yep 16k sell order that is I guess?
15:29 Ketan : thanks all !
15:29 Govind : what time is the gst meet tomorrow
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Vishnu : uttam carried combo?
15:29 Uttam : OF will show that Gov 🙂
15:29 KK : great day.bye
15:29 Uttam : all out Vishnu
15:29 Govind : haha
15:29 GS : GST meet effect?
15:29 Govind : true
15:29 Uttam : no positions
15:30 Shai : Bye all
15:30 Shai : Hope everyone had a great day
15:30 GS : see ya all tomorrow
15:30 Shai : I did tell you today would be easy
15:30 Shai : Tom slightly more diff
15:30 Shai : catch up tom
15:31 Vishnu : ok shai
15:31 Vishnu : green mtm
15:31 Vishnu : bye all
15:33 Uttam : +1 Sha