Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of Order Flow trading.
NF
BNF
Room Chat
08:58 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/226650301
09:01 Shai : https://vtrender.com/market-profile-analysis-dated-7th-jan-2020/
09:34 Shai : (09:33) Shai : Intra – Buy 12000 pe at 66 sl of 47 tgt 99
09:43 Shai : (09:33) Shai : Intra – Buy 12000 pe at 66 sl of 47 tgt 99
09:44 Shai : (09:43) Shai : Exit the puts at 57-58
11:02 Shai : (11:02) Shai : Intra – Buy 12000 pe at 68 again sl of 56 tgt 90.
11:12 Shai : (11:12) Shai : At 77 book half in the 12000 pe
11:27 Shai : (11:27) Shai : Book fully the puts at 81
12:48 Shai : (12:48) Shai : Buy 12000 ce at 55-56 sl of 47 tgt 83. trade smaller size
08:57 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/226650301
09:00 Shai : GM all
09:00 Amit : gm all
09:01 Shai : https://vtrender.com/market-profile-analysis-dated-7th-jan-2020/
09:02 Ankit : Gm Shai
09:02 Sachin : gm all
09:04 GS : GM all
09:05 Pritesh null : gm to all
09:06 Pritesh : Good Morning ALl
09:06 GS : premarket 1% down
09:06 Ketan : good morn room !
09:06 Dipak : Good morning to all
09:08 Uttam : Good Morning All 🙂
09:10 Shai : Gap down wipes away what could have been an easy move away from 12120 to trade out of
09:10 Shai : watch 12022 and 11986 on the downside
09:10 Shai : very weak if stays below 12022F
09:10 Tejpreet : GM All.
09:11 Tejpreet : passenger jet crashes after take off in Iran , any news ?
09:12 GS : they also fired some missiles on US base
09:12 Jitender : technical prob
09:12 Tejpreet : tks
09:12 Jitender : was a ukrainian plane
09:12 Jitender : wc
09:12 GS : news is all about ww3
09:12 GS : US media is crazy
09:13 Tejpreet : mewsflow will be big just need to be focussed and alert.
09:13 GS : +1
09:13 GS : +1 @shai
09:14 GS : drum rolls
09:15 Tejpreet : ist missile done 119k ce 220 to 234.
09:16 GS : below 12000
09:18 Vishnu : vol less compare last three days
09:22 Uttam : no new selling in this gap down
09:23 Uttam : but NF needs to get abv Shai’s 12022
09:23 Vishnu : yes
09:24 Sachin : question, strong movement is in BNF, same yesterday, why we are focusing in nifty, whats the logic on what to do when nf vs bn, vols, levels etc?
09:24 Jitender : +1 Tej
09:24 Jitender : 0.87x thru…. 2 trades
09:25 Vishnu : jit wht did ?
09:25 Jitender : i pe n 1 ce
09:25 Uttam : congo tej & Jit
09:25 Vishnu : congo jit
09:25 Jitender : tx
09:25 Tejpreet : tks guys
09:26 Sachin : what is .8x mean pls?
09:26 Jitender : tat portion of my daily tgt
09:27 Boppanna : 12022 push
09:28 Uttam : BNF needs to stay abv 31169-80
09:28 Govind : Congrats guys
09:28 Shai : COt stays plus
09:28 Govind : +1 Shai
09:28 Uttam : (09:22) Uttam : no new selling in this gap down
09:28 Shai : +1
09:29 Jitender : 29.9pe 2day expiry is at 26.5
09:31 Rajiv : JIT bechen
09:31 Jitender : just let IB settle…lots of oppr
09:31 Boppanna : Uttam’s 169-80 BNF on watch
09:31 Uttam : 31166 high – (09:28) Uttam : BNF needs to stay abv 31169-80
09:33 Uttam : 31065 was a FA in BNF and we have a green band plus 0s there in 5mins today
09:33 Uttam : lower side ref
09:33 Shai : Intra – Buy 12000 pe at 66 sl of 47 tgt 99
09:37 Vishnu : shai any info to throw
09:39 Uttam : highest vols in both of last 3 days – (09:18) Vishnu : vol less compare last three days
09:39 Uttam : 18.6L in NF & 8.2L in BNF
09:40 Tejpreet : boom
09:40 Uttam : 31175 in BNF so far
09:40 Boppanna : BNF waking up?
09:40 Uttam : NF needs to stay above 12042
09:41 Uttam : long A period singles as of now in both
09:41 Uttam : boom boom
09:41 Uttam : 31180 to 31250 in a flash
09:41 Tejpreet : bboking out everything right at 2 dt .
09:41 Uttam : congo Tej
09:42 Tejpreet : tks now need to watch and go slow.
09:42 Jitender : +13
09:42 Uttam : super Jit
09:42 Boppanna : +1 Tej ..32KCE 260-333
09:42 Uttam : congo Bops
09:42 Tejpreet : guruji pranam , congo bops.
09:42 Jitender : congo BoPs
09:43 Uttam : BNF also gettgin back into prev day range
09:43 Jitender : oh…its +1 fr Tej….nt mine 13
09:43 Shai : Exit the puts at 57-58
09:43 Uttam : boom
09:43 Jitender : fat fingers
09:43 Uttam : oh ok Jit
09:43 Uttam : 31355 tag done in BNF
09:43 Uttam : next move above it
09:44 Tejpreet : jit still pranam 🙂
09:44 Shai : headed to 12110
09:44 Uttam : NF for 12115?
09:44 Uttam : +1 Shai 🙂
09:44 Shai : fast move up abv 12050
09:44 Uttam : lok at BNFfff
09:44 Uttam : super move
09:44 Jitender : 31172-31404 3.2x thru
09:44 Jitender : wakao
09:44 Uttam : wow Jit
09:45 Boppanna : Nice Jit..B here
09:45 Uttam : (09:28) Uttam : BNF needs to stay abv 31169-80
09:45 Tejpreet : i wished you in advance jit
09:45 Jitender : tx guys
09:45 Boppanna : Uttam’s boundary did the trick
09:45 Uttam : now big reds in both
09:45 Uttam : 12090 was imp sup in NF
09:46 Uttam : so has jusut tagged that here
09:46 Uttam : 31490 in BNF
09:46 Uttam : _/\_ – (09:45) Boppanna : Uttam’s boundary did the trick
09:46 Shai : 94 k seller at 12081
09:47 Uttam : BNF also has a big seller Shai?
09:47 Uttam : room 30mins needs to be adjusted
09:47 Jitender : wat a timely exit (09:44) Jitender : 31172-31404 3.2x thru
09:47 Uttam : as always Jit 🙂
09:48 Uttam : below PDL both get weak again
09:48 Uttam : 12049 & 31290
09:48 Boppanna : Big day looks no point chasing price will vaporise if ur entries are wrong in BNF atleast
09:48 Tejpreet : +1 bops BN only jit can manage.
09:48 Jitender : _/\_
09:49 Jitender : subah subahn tang kheechna shuru
09:49 Tejpreet : 🙂
09:49 Boppanna : Satya Vacha
09:49 Uttam : looks like getting some support there – (09:48) Uttam : below PDL both get weak again(09:48) Uttam : 12049 & 31290
09:49 Boppanna : *vachan
09:49 Pritesh : so far turning very bad day…
09:50 Boppanna : @Pritesh not a day for big trades
09:50 Uttam : @Pritesh in gap down go short only if the first 5min low breaks as that would also mean new selling coming in or stuck longs exiting – it was not the case today
09:51 Uttam : the first 5min low of both held today
09:51 Uttam : and this gap was used by the shorts to exit
09:51 Tejpreet : Avoid big trades or revenge trades today .
09:51 Boppanna : keep it small and mark ur exits and SL or else u’ll get wiped out both sides
09:51 Vishnu : current 30 min 2.34 minus cot
09:52 Jitender : time fr a cuppa
09:52 Jitender : will trade with 25% vols now
09:52 Jitender : i trade wat i understand
09:52 Shai : yes light is better
09:53 Shai : NF did 40 in 1 min there
09:53 Jitender : if u cant figure out today…preserve capital
09:53 Shai : not tradeable
09:53 Jitender : mkt will open 2mrw also
09:53 Uttam : +1 Jit & Shai
09:53 Sachin : lot’s of good points…
09:53 Jitender : use n follow Shai guys…if u follow risk management strictly..u wont loose money
09:53 Sachin : thanks folks
09:54 Jitender : discipline is the key …rest Shai tells
09:54 Boppanna : +1 Still in IB just allow market to settle will get good RR entries and Shai will pick those
09:54 Shai : 1% risk of capital per trade , even lesser for this day when it zooms like this
09:55 Uttam : lets see which side tail is retained in IB
09:55 Tejpreet : not getting good vibes from this Ukranian plane crash near Tehran 180 dead …..could turn out something else.
09:56 Shai : easy top pin it on americans
09:57 Tejpreet : AND MAYBE GET rUSSIANS INTERESTED IN THIS ALSO 🙂
09:57 Tejpreet : Ooops sorry for caps
09:58 Shai : headed to 12013
09:59 Shai : That seller was the smartest of teh lot at 12081
09:59 Shai : COT went -1.5 L
09:59 Shai : just was too fast to pick
10:00 Prakash : my sccreen went off – was planning to sell at same levels
10:00 Vijay : I bought 12000pe @51 as soon as i saw the 94k
10:00 Shai : +1
10:01 Uttam : 12k PE needs to get above 70
10:01 RS null : i picked 2 lot at 52
10:01 Uttam : nice Vijay
10:01 Vijay : thanks Uttam
10:01 Tejpreet : looking at Nov/dec profiles we are doing some weekly ranges in one TPO 😉
10:01 Uttam : some buying at vwap in NF?
10:02 Boppanna : Nice @Vijay & RS would part book at vwap in NF
10:02 Vishnu : i bought nex week put as i having 1.35 cr portfolio . dont want to mess with geo. as hedge . is it ok shai?
10:02 Vishnu : 12000 pe
10:04 Uttam : yes Vijay – part book here as next leg up in the PE onlt if it gets above VWAP
10:04 Vijay : booked at 64, thank you
10:04 Uttam : congrats 🙂
10:04 Vijay : +1
10:08 Boppanna : SPX looking steady
10:13 Jitender : earthquake in iran
10:14 Tejpreet : Yes read that 15 min back.
10:14 Jitender : cool
10:15 Tejpreet : newsflow will gather speed as USA wakes up, setting up exciting expiry.
10:16 Sachin : screen stuck?
10:16 Sachin : nifty fut is at 12050
10:16 Sachin : refreshed now
10:21 Boppanna : Had thought of carrying longs yesteday but let go on checking with Shai..thx to Shai & Uttam..lesson learnt never carry positions when expecting news noise around and profile not looking good
10:21 Jitender : bansal gvs buy on hdfcbank sl 1220 spot
10:22 Vishnu : so mkt going to down again jit
10:22 Govind : I had carried 12050 PE Bops, did well this morning 🙂
10:22 Jitender : Vishnu 😉
10:25 Boppanna : Cool Govind congrats…but I still would look still stick to the lesson learnt…would give more hits than misses
10:26 Jitender : congo Gov
10:26 Jitender : +100 BoPs
10:27 Tejpreet : overnight carries without hedges are casino play you win and you give it back.
10:28 Govind : Thanks guys.
10:28 Sachin : esp, options, as the volatality is impossible to predict and prices get computed on live markets, not pre-open, so just pure volality crash, has taken me to the cleaners in the past
10:29 Vishnu : tht 2.3 lakh cot will deliver uttam ?
10:30 Jitender : had sum wrk yday..had to go…didnt even do DT….as 2.30 was tempted to shrt straddles…..opened mobile app..n looked at the screen fr 5 mins…n then reminded myself to not trade if u r nt in front of screen (unless m very sure)
10:30 Jitender : gt saved today morn
10:30 Jitender : and have dne yday’s DT also
10:30 Tejpreet : +1
10:32 Govind : Nice Jit, we did miss you y’day
10:33 Jitender : i also missed the room
10:33 Jitender : cant seem to think the day is complete w/out being here
10:34 Govind : and Shai’s youtube videos are like a revision of the day’s classes for me 🙂
10:34 Jitender : yh
10:35 Boppanna : If I had carried my longs my mindset would definetly wouldn’t allow me to take that trade above Uttam’s 180 after no fresh selling in BNF today morn…ofcourse there are people who do that seamlessly ..but I have not reached that level to move on to the next trade quickly once my last trade goes bad ..
10:36 Jitender : BoP stick this in front of yr screen (09:52) Jitender : i trade wat i understand(09:52) Shai : yes light is better
10:36 Jitender : u will run a very llong race
10:36 Boppanna : +100
10:36 Govind : +1 Bops and Jit
10:36 Jitender : and after Uttam…u r one of the few guys here who has understood and used VT veery well’
10:37 Jitender : wish u al the best
10:37 Boppanna : thx man..learnt a lot here so sharing experience which I think is beneficial to others as well
10:37 Boppanna : thx man..learnt a lot here so sharing experience which I think is beneficial to others as well
10:38 Jitender : +1
10:38 GS : +1 for learnings
10:38 Jitender : bansal has given 70 bps so far (10:21) Jitender : bansal gvs buy on hdfcbank sl 1220 spot
10:39 Govind : I will catch you all after noon; going to renew my driver’s license. DT done.
10:39 Boppanna : ok C ending lets see what Uttam is upto after geting 150 from his 180
10:39 GS : vwap test
10:41 GS : zerodha shows vwap at 12028 and here vwap is at 12036
10:42 GS : in zerodha price is now touching vwap
10:42 Tejpreet : There are reports of #IRGC missile strike causing the crash.
10:42 GS : and rejection
10:42 Boppanna : @GS I stick to VT charts
10:43 GS : +1
10:43 Uttam : C coming to a close so lets see what D has in store
10:43 Uttam : NF looking weak though
10:44 Uttam : 12k red at lows in NF on 5mins
10:48 Uttam : 12022 Shai’s morning level holding in NF
10:48 Uttam : 12026 / 12027 / 12028 lows of B/C/D so far
10:49 Tejpreet : +1 Eagle eyes
10:49 Uttam : 12012 if taken out can give a good move down I feel
10:49 Uttam : _/\_ – (10:49) Tejpreet : +1 Eagle eyes
10:51 Dhananajay null : hi. joined just now.
10:51 Uttam : welcome to VT Dhananajay
10:52 Vishnu : u from dhan ji
10:54 Uttam : vols very low in both after the IB
10:55 Dhananajay null : did i miss anything after 9:46 msg regarding exit puts.
10:55 Jitender : full 100 🙂 (10:38) Jitender : bansal has given 70 bps so far (10:21) Jitender : bansal gvs buy on hdfcbank sl 1220 spot
10:56 Jitender : aur kya chahiye..from an indicator
10:56 Uttam : 18k red at 12025
10:57 Vishnu : uttam will see below 11980 aif shai level takes out
10:57 Uttam : will he get support?
10:57 Uttam : 12022 is here
10:58 Uttam : 12012 to be taken out
11:00 Vishnu : 12k gone above 70 uttam next level please
11:00 Uttam : 66 to 70.8 50% out in that 12000pe
11:00 Boppanna : 3 short Shai’s 12013 almost
11:00 Uttam : more upside only if 12012 breaks Vishnu
11:01 AmitN : Iran tv claimimg 80 people killed in today missile attack
11:02 Vishnu : 70 american killed by iran
11:02 Shai : Intra – Buy 12000 pe at 68 again sl of 56 tgt 90.
11:02 Pritesh null : ok
11:03 Uttam : 11994 if 12012 breaks
11:03 Shai : sl abv 12055 roughly looking at day lows on the vwap break of drive
11:05 Uttam : 12013 again
11:05 Uttam : comeon take that 12012 out
11:07 Shai : (09:59) Shai : That seller was the smartest of teh lot at 12081
11:10 Uttam : rest out at 75.3 – (11:00) Uttam : 66 to 70.8 50% out in that 12000pe
11:11 Uttam : 78 was tgt but exited a bit early
11:11 Uttam : sustaining above 78 can get 100 in that PE
11:12 Shai : At 77 book half in the 12000 pe
11:12 Jitender : congo Uttam
11:12 Uttam : thanks Jit, had to scratch an earlier entry but now back to green MTM 🙂
11:12 Vijay : Congo UG
11:12 Jitender : 31317 -3177 2/3rd out
11:12 Sachin : congo, booked all out at 77
11:13 Jitender : 50% vols so cud hold (11:12) Jitender : 31317 -3177 2/3rd out
11:13 Sachin : never had so many greens in my life 😉
11:13 Jitender : wc to VT
11:13 Uttam : make it a habit Sachin
11:13 Jitender : tx to bansal (11:13) Jitender : 50% vols so cud hold (11:12) Jitender : 31317 -3177 2/3rd out
11:13 Shai : 12020 new supply
11:13 Uttam : lol Jit 🙂 you need to send him a gift
11:13 Uttam : 28k green in NF?
11:14 Jitender : m just takn back wat he rips from retail
11:14 Shai : Congarts – (11:13) Sachin : never had so many greens in my life 😉
11:14 Uttam : that PE hits 78
11:14 Shai : Now ask for more !
11:14 Uttam : +100 Shai
11:15 Uttam : that 28k green exiting?
11:16 Jitender : dubai airspace on high alert
11:17 Uttam : 12000 OI making a crossover
11:17 Uttam : no vols here
11:17 Uttam : just locals playing
11:18 Uttam : need a big player to give some good move now aftr that seller of 12082
11:20 Shai : stay short on new positions below 12020
11:20 Shai : (11:13) Shai : 12020 new supply
11:20 Shai : should do 11991
11:20 Shai : sl 12022
11:27 Shai : 11998.5 booked
11:27 Uttam : super Shai
11:27 Shai : Book fully the puts at 81
11:27 Jitender : +100 Chief
11:27 Vijay : 38k green?
11:28 Uttam : 41k red at lows
11:28 Jitender : bookn full at 31148 (11:13) Jitender : 50% vols so cud hold (11:12) Jitender : 31317 -3177 2/3rd out
11:28 Shai : +1
11:28 Jitender : _/\_
11:30 Prakash : Got a wonderful ride @Shai right from 68 to 79
11:30 Prakash : _/\_
11:31 Shai : +1
11:36 Uttam : 11997 so far – (11:03) Uttam : 11994 if 12012 breaks
11:37 Abhiraj Dhamija : @shai does your message appear a bit late in room ? cz whenever i see your message , rates gets changed significantly
11:38 Shai : It’s not possible to match anyone’s rates
11:38 Shai : But the idea is to take the right bias
11:38 Uttam : +1
11:39 Abhiraj Dhamija : ok +1
11:39 Shai : the market will not wait for all of us to enter at one rate
11:39 Abhiraj Dhamija : true
11:39 Prakash : Bhai Jo Mil raha hai, use pahle utha lo, then discuss timing perfection
11:40 Prakash : Green MTM is what that matters, for me
11:40 Shai : looking at 12020 again to enter
11:47 GS : +1 for green MTM
11:47 GS : Jo mila utha lo
11:47 GS : haha
11:49 Uttam : boom boom
11:49 Prakash : @Abhiraj & everyone, intention is not to troll but focus on the Objective. Nothing personal
11:50 Shai : choppy
11:50 GS : pink band
11:50 Shai : 12018 and down
11:52 Abhiraj Dhamija : haha yeah prakash i know 🙂 all good
11:56 GS : I guess pull back was expected , staying on sidelines
11:58 Vijay : seems like Nifty corelating with Dow futures
12:03 GS : vwap revisit?
12:20 Jitender : spike coming ?
12:23 Amit : thanks jit .. 2Dt done.
12:23 Amit : now watching
12:25 Jitender : wc
12:25 Jitender : n congo
12:25 Jitender : bas dua mein yaad rakhna
12:29 Amit : jaroor, wo to hamesha rahoge 🙂
12:29 Jitender : shukriya
12:31 Jitender : $$ ding ding half book (12:20) Jitender : spike coming ?
12:31 Jitender : full book
12:31 Jitender : 11260 green…will buy abv him now
12:33 Jitender : idiot…cud have cum at 300 🙁
12:33 Jitender : n give a 100 more 🙂
12:34 Boppanna : Timing A+ again Jit
12:34 Shai : +1
12:34 Jitender : _/\_
12:35 Boppanna : Uttam what u planning in BNF?
12:35 Jitender : 400
12:36 Shai : All good COT numbers in NF
12:36 Jitender : 300 hit
12:36 Jitender : maan
12:36 Jitender : missed out on 100 bps
12:37 Vijay : 12000ce 43-56 done
12:38 Shai : 43 great entry
12:38 Shai : 49 TSL
12:38 Vijay : thanks shai
12:38 Shai : can do 84
12:38 Vijay : trying to learning the art from you 🙂
12:40 Vishnu : which one shai
12:40 Vishnu : 12000 can i enter
12:41 Vijay : VT room has completely changed the way i am trading, thanks a lot everyone.
12:41 Chandrashekhar : Govt to brief Media on Cabinet decision @ 2 Pm..news on Edelweiss
12:44 Uttam : was a slow one as took somtime but did come nonetheless (11:49) Uttam : boom boom
12:45 Uttam : good buildup in 12000pe again
12:45 Vishnu : not moving
12:45 Uttam : and today’s CE shorts being forced to cover
12:45 Vishnu : screen
12:46 Jitender : expiry is today ot tomoorow ?
12:46 Uttam : tom na Jit
12:46 Jitender : 😉
12:46 Jitender : k
12:46 Uttam : 🙂
12:46 Uttam : 12040 sup in NF
12:46 Uttam : IB on 5mins
12:47 Uttam : 0s start just below
12:47 Pritesh : can 12K PE buy now UG?
12:47 Uttam : that 12kPE has given a sell and is being written Pritesh, why do you want to buy it?
12:48 Shai : Buy 12000 ce at 55-56 sl of 47 tgt 83. trade smaller size
12:54 Uttam : charts stuck?
12:55 Amit : yes
12:55 Uttam : ok
13:05 Vishnu : no scrren]
13:05 Uttam : yes looks like some internet issues
13:06 Vishnu : ok
13:08 Tejpreet : looks like evey one in room rolling with greeen mtm in room:)
13:08 Tejpreet : back now
13:08 Vishnu : not gettin tej
13:09 Jitender : 353 (12:35) Boppanna : Uttam what u planning in BNF?(12:35) Jitender : 400
13:09 Tejpreet : you mean 31400 jit
13:10 Jitender : yh
13:10 Tejpreet : Vishnu didn’t get you ?
13:10 Pritesh : 12K CE stopped
13:10 Uttam : yes
13:12 Ankit : Is the screen back?
13:12 Uttam : not yet Ankit
13:13 Shai : A small mechanical issue with the charts
13:13 Shai : trying to9 come back soon
13:13 Ankit : ok..np
13:13 Shai : please bear
13:13 Uttam : sure Shai
13:13 Ankit : sure
13:13 Uttam : NF taking sup at VWAP for now looks like
13:13 Uttam : 12031
13:15 Jitender : ‘bear’ is in control 🙂 (13:13) Shai : please bear
13:17 Uttam : H leaving a pull back high just like yesterday
13:18 Uttam : lets see if I can repair the poor lows of E/F/G
13:18 Uttam : 11997
13:19 Uttam : GoToMeeting back
13:19 Ankit : yes
13:19 Uttam : but looks like has some missing data in it
13:19 Vishnu : yaa
13:21 Uttam : charts back in the room too now
13:22 Pritesh : NF 12011 comming UG?
13:23 Shai : 12000 ce got stopped out during that outage.
13:23 Uttam : yes Shai
13:23 Shai : if still in please exit cmp 46
13:26 Vishnu : shai will see new low or any spike expecting ?
13:27 Shai : No Normal day
13:27 Shai : but 2 OTF’s at extreme swinging it
13:27 Vishnu : ok
13:34 Vishnu : afternoon will be bear day uttam
13:41 Uttam : one test of that 11994 in NF would be nice
14:03 Shai : press con started?
14:03 Vijay : not yet
14:03 AmitN : just started
14:09 Boppanna : 67K BNF
14:09 Tejpreet : 67 k bn
14:10 Boppanna : shorts squeezed?
14:12 KK : so now to 11994 ?
14:12 Jitender : 436 (13:09) Jitender : 353 (12:35) Boppanna : Uttam what u planning in BNF?(12:35) Jitender : 400
14:13 Jitender : 12.20 buyrs wud have booked
14:13 KK : sold 12069 with SL 12091..let’s hope to get the dip
14:14 Govind : 97k COT in that 5 min candle
14:14 Govind : 83k in BNF
14:15 Jitender : 12:34 Jitender : 400-450 is the top out zone
14:15 Boppanna : +1 Jit
14:15 Jitender : 12:34 Jitender : 31120 supp
14:15 Govind : +1 Jit
14:15 Jitender : bnf has worked like a dream today…
14:15 Jitender : cheers guys
14:16 Boppanna : Nice entry KK
14:16 Jitender : perfect (14:13) KK : sold 12069 with SL 12091..let’s hope to get the dip
14:17 KK : I will wait for Uttam touch of 11994, unless Europe recovers
14:18 Vishnu : will see new lw uttam if below 11994?
14:18 Boppanna : would part book at vwap
14:19 Boppanna : Tail at both ends still staying
14:19 Shai : Intyra – short BNF 31310 sl of 31380 tgt 31220
14:20 Shai : ++- (14:13) KK : sold 12069 with SL 12091..let’s hope to get the dip
14:21 Uttam : super entry KK – (14:13) KK : sold 12069 with SL 12091..let’s hope to get the dip
14:21 KK : Issue in booking at VWAP is that it is too close to the breakdown level of 12022
14:23 Boppanna : Fast day so points in bank better
14:23 KK : I can rather move the SL to 12074 ?
14:23 Uttam : book part or trail to cost KK
14:23 Uttam : NF should not get above 12060 if more downside there
14:24 KK : sure , thanks. 12063 then.
14:25 Shai : 12067
14:25 Shai : technical setup for 12001 in 20 mins
14:26 Vishnu : shai will we see 11960 in future?
14:26 KK : ok.
14:34 Uttam : 12000pe OI climbing
14:34 Uttam : at hgihest level for the day
14:34 KK : PE 12000 OI is higher than CE ?
14:34 KK : yup
14:34 Uttam : yes 31.5L to 23.8L
14:35 KK : exiting
14:36 Shai : BNF stops taken. exit
14:37 KK : enterer 12K CE instead
14:37 Uttam : 12059.3 hihg in this bounce so fr – (14:23) Uttam : NF should not get above 12060 if more downside there
14:41 KK : premium erosion time I guess
14:42 Pritesh : Test message
14:44 Uttam : spike time here if any coming
14:44 Rajiv : uttam up or doen
14:45 Uttam : upside Rajiv as we are 80 points away from lows
14:46 Boppanna : BNF getting in that MB
14:47 Boppanna : needs to get above 425
14:48 KK : spike postponed to 3..12022?
14:51 Uttam : boom
14:52 Boppanna : hmm 52K BNF whats up?
14:52 Uttam : BNF also new highs
14:53 Uttam : 12060 taken out & 20 points done in NF
14:54 KK : abhi to aur baki hai
14:54 Uttam : BNF that 52k looks multiple orders Bops
14:54 Uttam : 0s below it
14:54 Shai : BNf fired away to the other vpoc
14:55 Boppanna : looks up to simething\
14:55 Uttam : (14:44) Uttam : spike time here if any coming(14:45) Uttam : upside Rajiv as we are 80 points away from lows
14:55 Boppanna : any news?
14:55 Tejpreet : modi neg peace between iran /usa 🙂
14:55 Uttam : yes L period it was 🙂
14:55 Vishnu : thats only just a word
14:56 Boppanna : Tej 🙂
14:56 Uttam : big reds in BNF though
14:56 Uttam : we had a 70l green?
14:56 Uttam : 70k green in it today?
14:56 Uttam : 76 & 49 on 40mins looks like booking out
14:57 Uttam : on 30mins*
14:57 Boppanna : Yes Uttam 72K green was there
14:57 KK : @Shai, should we take 12K PE considering overnight Trump tweet ?
14:59 Uttam : mor upside ocming looks like
14:59 Uttam : NF yet to make new highs
15:01 Boppanna : @KK he might say Iran is my new best friend as well depending on how SPX reacts
15:01 Vishnu : 12082 seller still there shai?
15:01 Uttam : BNF rejectiong from yPOC looks good for more downside if we close inside the IB
15:01 Shai : no covered
15:01 Shai : day cot is plus
15:02 KK : PE OI falling
15:03 KK : 33 to 39
15:03 Dhananajay null : shall i carry NF for tomorrow
15:04 Vishnu : ok shai
15:04 Shai : what was your plan which made you buy
15:04 Shai : discuss the plan and we can relate
15:05 Vishnu : whose shai?
15:06 Shai : Normal day
15:06 Shai : today
15:06 Vishnu : yes
15:06 Shai : BNF went up but met quick sellers
15:07 Ankit : uttam… how do you identify FA?
15:07 Ankit : do we have any FA today on the top?
15:08 Shai : Bias will be up if we open abv 12040 tom for 12120
15:08 Uttam : FA forms when we get a RE on one side but that does not sustain for more than 30mins after which we break the other extreme of IB
15:09 Ankit : ohh okay
15:10 Uttam : those greens in NF at top looks like the mornign seller exited at cost?
15:11 Uttam : 12080
15:11 Uttam : though we also had another 95k green at 12045
15:13 Shai : BNF a short for 31320 actually
15:13 Shai : short of time
15:16 Govind : Another good day at the office, you all have a good evening. See you tomorrow
15:22 Amit : bad day for me caught reversed twice :(… will get back tomorrow 🙂
15:22 Uttam : +1 Amit
15:22 Ankit : worst day for me
15:22 Uttam : congo Gov
15:23 Ankit : lets see if can get back in groove
15:23 Uttam : it was that kind of day Ankit
15:23 Ankit : tom onwards
15:23 Uttam : low vols post open
15:23 Uttam : so lot of whips
15:23 Ankit : yeah….
15:23 Ankit : moreover my bias and position size killed me
15:23 Uttam : position size had to be the smallest today
15:23 Ankit : lets hope for a good day tom.
15:23 Ankit : yes, now i realise
15:24 Ankit : thanks Uttam
15:24 Uttam : take it as a lesson & it will get inscribed in the mind 🙂
15:24 Ankit : will improve on that
15:24 Ankit : ohh never forgetting ever again after today gege
15:24 Ankit : hehe
15:24 Uttam : 🙂 cheers
15:24 Ankit : 🙂
15:25 Ketan : thanks all ! have a good day !
15:25 Amit : mine was little less but volitility 🙁
15:25 Vishnu : me to bad day
15:26 Amit : still trying to grip on that
15:26 Tejpreet : guys follow risk rules and be open abt losses , you are with hte best set up. look up to a fresh day tmrw.
15:27 Amit : +1 tp
15:27 Shai : +1
15:27 Ankit : thanks TEJ
15:27 Vishnu : +1 tej
15:27 Shai : Bad days means home work and review
15:27 Uttam : 1400pe from 200 to 222
15:27 Shai : learn the lessons
15:27 Uttam : 31400
15:28 Uttam : +1 Shai
15:28 Ankit : yes shai
15:28 Vishnu : yys shai
15:28 Shai : I’m also going back and looking at charts post close again
15:28 Vishnu : +1
15:28 Shai : we get bad days often, but the key is to learn and not stay down
15:28 Uttam : +100 Shai
15:28 Tejpreet : +100
15:28 Ankit : +100
15:29 Amit : +1
15:29 Tejpreet : Bye All.
15:29 Shai : Bye all
15:29 Vishnu : bye
15:29 Shai : Back to the TL and reviews
15:29 Uttam : thanks All 🙂 have a lovely evening & lets get back from tom with a fresh view
15:29 Shai : Catch up tom
15:29 Boppanna : bye and thx all
15:29 Amit : bye and thanks all
15:30 Vishnu : sure
15:30 AmitN : Bye all