Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.
Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF
BNF
Room Chat
08:52 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/137664013
08:52 Chandrashekhar : GM all
08:53 Vtrender Live : 5 min charts – https://join.me/168-921-638
08:54 Raunaq : good morning all
08:54 Sushil : GM everyone
08:55 Sudhir : Good morning all
08:55 Shai : GM all
08:56 Prateeek : gm all. rains in mumbai made the weather so pleasant. loving it
08:56 Santhosh null : gm all
08:56 Giridhar Gowravajhal : GM all
08:56 Avinash : GM Everyone
08:56 Shashidhar : Good morning everyone
08:59 Fenil : GM All 🙂
08:59 Gopi : gm
09:00 Manikandan : Gm all
09:02 Shai : The markets closed in a balance on FRiday and as of this open are likely to open in an imbalance and a gap
09:02 Shai : watch for reaction off the gap
09:02 Shai : generally big gaps are not closed quicklly and could lead to an OAOR
09:03 Shai : 9425- 35 is the big level whioch is support for rest of the week in the NF
09:03 Shai : Auction can run towards 9790 in the week as long as we stay above it
09:04 Shai : in terms of intra day levels watching for an ability to stay above 9560 F today
09:04 Shai : will update a range post open
09:05 Govind : Thanks Shai, anything on BNF you can share please…
09:06 Shai : BNF was also in a balance late on friday
09:06 Shai : Ability to stay abv 19600F at open crucial
09:07 Shai : watching for acceptance or rejection above 19800 spot roughly for next few days in the spot
09:07 Govind : Thanks Boss!
09:08 Shai : 20600 doable if we sustain that 19800 spot
09:09 Shai : Good opportunities to trade available
09:10 Chintan : Gm all
09:10 Shai : remember teh auction above 9000 is still imbalanced in the weekly and monthly time frame with buyers driving it. so careful if trading 5 min volatility. There is OTF driving this big
09:10 Tejpreet : GM All
09:11 Vishnu : gm all
09:11 Vishnu : gm shai
09:11 Amit Jain : Gm all
09:11 Sreeram : Good MOrning all
09:12 Ankit Maheshwari : Should we be little vigilant for changes due to margin updates?
09:13 Ashwath : GM All
09:14 Uttam : Good Morning All 🙂
09:17 Tejpreet : Uttam all Hypos done at open 🙂
09:17 Chandrashekhar : OD Shai?
09:18 Shai : yes
09:18 Shai : vol huge
09:19 Shai : doing it in first 3 mins of the week – (09:03) Shai : Auction can run towards 9790 in the week
09:19 Shai : 🙂
09:19 Uttam : added new hypos Tej
09:20 Uttam : @Jit 19950 is here 🙂
09:20 Uttam : 1 ATR of weekly FA doen in BNF
09:20 Uttam : NF getting there
09:20 Govind : +1 Uttam
09:20 Govind : DT done
09:20 Uttam : weekly FA rocks yet again
09:20 Tejpreet : 714 to 754 done
09:20 Tejpreet : tks for the updated hypos Uttam
09:21 Uttam : 🙂 _/\_
09:22 Shai : 9805 supply for this open
09:30 Shai : 9722- 9805 early range for the open
09:31 Jitender : 19.8ce 370-525
09:31 Jitender : day job thru
09:31 Suhas : congrats Jit
09:32 Avinash : +1 Jit
09:32 Tejpreet : +1 Jit
09:32 Jitender : tx guys…was done earlier but didnt get a fill…hence the wait 🙂
09:33 Raunaq : 19.8 ce 475-525
09:33 Jitender : +1
09:33 Jitender : congo Tej
09:33 Tejpreet : tks
09:33 Sreeram : screen not visible
09:34 Saheer : congrats all
09:34 Sreeram : not sharing
09:35 Rajesh G : no charts
09:36 Raunaq : no screen sharing
09:38 Prateeek : screen working now
09:40 Shai : 9848 spot is my level to watch for this move up- equivalaent to 9795-9800 F
09:40 Shai : just watch for premium disparity
09:40 Shai : will be extremely bullish if we cross 9800 F
09:40 Shai : not suggesting any new longs jhere
09:40 Jitender : +1
09:41 Sreeram : shai 9800F means future levels?
09:41 Ankit Maheshwari : It was just wednesday that we were below 9000 🙂 Bulls going hard!!
09:41 Ashwath : F for Future
09:41 Sachith : Hello Everyone… joined the Room a few weeks back but was silently watching and absorbing what goes on… my interest was in stocks and my knowledge in MP/OF was and is zero… Reading the forum posts EOD and watching 30M chart levels closely have given me that understanding which I was missing and desperately seeking… add to that the guidance in the Room from Shai and seniors make me feel I am finally here to stay… Thanks to all and Happy Trading always 🙂
09:42 Sreeram : ok thanks
09:42 Uttam : Done – (09:20) Uttam : NF getting there
09:42 Uttam : NF tags that freak tick of SGX last week
09:42 Uttam : did mention it was an important level last week
09:43 Uttam : congrats Sachith & all the best
09:43 Ankit Maheshwari : Yes. Sine last 5 times, have seen freaks being achieved. Won’t let 6th go 🙂
09:43 Ankit Maheshwari : *since
09:44 Jitender : wc to the club Sachith….wish u happy times
09:44 MJ : Cheif: Can zoom in the join me charts?
09:45 MJ : Thanks.
09:45 Ankit Maheshwari : VIX below 30
09:46 Sachith : Thanks UG, Jit
09:47 Shai : https://vtrender.slack.com/archives/C0F2VRTPW/p1590985066244100
09:47 Shai : watch that 9800 F
09:47 Tejpreet : spot high 9845.90 🙂
09:48 Shai : _/\_- (09:41) Sachith : Hello Everyone… joined the Room a few weeks back but was silently watching and absorbing what goes on… my interest was in stocks and my knowledge in MP/OF was and is zero… Reading the forum posts EOD and watching 30M chart levels closely have given me that understanding which I was missing and desperately seeking… add to that the guidance in the Room from Shai and seniors make me feel I am finally here to stay… Thanks to all and Happy Trading always 🙂
09:48 Shai : +1- (09:47) Tejpreet : spot high 9845.90 🙂
09:49 Ankit Maheshwari : BNF holding 19800 Shai. Open for 20600?
09:50 MJ : Thanks bossman! 🙂
09:52 Chandrashekhar : 50 point disc in premium for fut…NF
09:55 Favas : 43k seller bnf?
09:57 Seshadri : we reached fat finger SGX trade of 26th may 9788
09:59 Jitender : yes
09:59 Himanshu : Chief – FIIs wounded longs in last session – means – this Desi OTF driving
10:00 Himanshu : and above 9845 – spot you mean FIIs can cover their shorts right ?
10:00 Ankit Maheshwari : This is Unlock 1.0 effect it seems
10:00 Boppanna : @Fava until vwap or u see IS in the charts wouldn’t look to short
10:00 Favas : ok
10:00 Boppanna : *@Favas
10:01 Himanshu : 9852.9 now spot high – may be filter of 10 Points etc,,
10:01 Shai : 9800
10:02 Ankit Maheshwari : 0s at BNF top
10:08 Shai : NF below 9772 for 9747 and 9712 sl of 9802
10:08 Shai : Go short below 9772 only
10:09 Shai : moratorium gets over today or extended by 3 months?
10:10 Naresh Dubbudu : Extended
10:10 Suresh : Its Extended till August
10:10 Shai : Thanks
10:11 Shai : All consumer fin companies are up almost 10% since open
10:11 Shai : 7-10%
10:12 Chandu : Shai moratorium is bad for banks n nbfcs.., y these stocks still gng up
10:12 MJ : Yes chief 🙂
10:12 Himanshu : The major component of Consumer FNin – Sales of ACs. Refs of this summer is lost by 70 % as per Tata Croma Manager
10:13 Himanshu : by the time – people starts going to malls and electronics shops – Rain would cover.
10:13 Shai : was bad- (10:12) Chandu : Shai moratorium is bad for banks n nbfcs.., y these stocks still gng up
10:13 Shai : markets don’t live in the past
10:13 Shai : or the present 🙂
10:13 Himanshu : yes in hope that – atelast shop is open ,,
10:14 Chandu : k
10:14 Chetas : i think opening up of locking i staking care of all bad news, its the biggest stimuls
10:14 Himanshu : Seasonal Sales is imp for Appliance Con fin
10:14 Rajesh : last one is good Shai. noew in presence
10:14 Chandrashekhar : but cos of Moratorium – they earn extra interest na
10:14 Chetas : people expected with higher covid numbers there will be more lock in, and now the shorts have to cover
10:14 Himanshu : Not a good sign – lot of NPAs
10:14 Govind : In the long run, moratoriums are bad for the debtors. Banks will always collect what is owed, just a mtter of time…markets looking ahead
10:14 Shai : I told you guys last week the market will start pricing in recovery in Q4 of this year
10:15 Shai : the markets are forward looking always
10:15 Chetas : himanshu, that lot of NPA is already in price correct
10:15 Himanshu : once regualr paying guys is spoiled to 6 month – 2 thing will happen – he will postpone new purchase and defer payment –
10:15 Prateeek : markets are liquidity driven too
10:15 Chandu : there r zeros in 10 o clock candle in bnf.., is tat means end of auction of upmove r do v hav to take any futher cnfrmations
10:15 Shai : All this corona borona is fully priced in per current stats
10:15 Himanshu : No
10:15 Himanshu : for consumer fianance company this is first blow up in full decade run
10:16 Govind : Hang Seng showed the way this morning Shai, US futures were down 1.5% prior to Hang Seng opening
10:16 Himanshu : MArkets are exposed to Infra NPAs of Bank
10:16 Himanshu : we were about to dig into HFC and NBFC – while HFC got exposed –
10:16 Himanshu : Con Fin NBFC’s turn came – Corona took over
10:17 Himanshu : am reffering – con Fin NBFCs
10:17 Ankit Maheshwari : Since morning almost all COT red in BNF. While I know its not good signal due to IB. But still sellers more aggresive?
10:17 Himanshu : No one is aware of hole yet
10:17 Himanshu : BNF may be priced in for corona
10:17 Shai : NF in
10:17 Ashwath : Shorts in NF
10:18 Himanshu : Am reffering – consumer Facing NBFCs..
10:18 Ankit Maheshwari : VWAP time
10:18 Uttam : BNF left 0s right below previous FA of 20122
10:18 Ashwath : IS in BNF
10:18 Uttam : 47k red there too
10:18 Ashwath : yep
10:18 Chandu : means tat FA acting as supply point
10:19 Vishnu : gone with the zero in bank nifty rided feom 20035-19885
10:20 Uttam : it always does Chandu
10:20 MJ : Cheers Vishnu!
10:20 Uttam : and wen you get 3 rows of 0s there definitely means end of auction at least for a pause
10:20 Chandu : uttam in such case if v break vwap can v take pe
10:20 Himanshu : Ok in afternnon – when market is quite – I did some research in Baroda on Situations of Mall Tenents and few Kety outlets – will type here – if you all are interested,,
10:20 Uttam : leys see how we react at VWAP
10:21 Uttam : @Chandu we are trending higher in BNF so this is just a retracement not a reversal
10:21 Shai : Great Himanshu- post in Slack so we can thread it
10:21 Ankit Maheshwari : BNF VWAP on less is 19944.5 and VWAP on charts i 19876.87. Reason?
10:21 Uttam : unless you get more confrimation on larger timeframe of a reversal which will happen when we form lower Value on a daily basis
10:22 Himanshu : Ok
10:22 Himanshu : Chief
10:24 Ashwath : loosk like Shai is trying to VWAP with his red cursor. 🙂
10:24 Ashwath : tryin to break*
10:24 Shai : we use time+ voplume weighted vwaps here- (10:21) Ankit Maheshwari: BNF VWAP on less is 19944.5 and VWAP on charts i 19876.87. Reason?
10:24 Shai : there was a small adj which went off, now alighned
10:25 Ankit Maheshwari : Thanks Chief
10:26 Amit N : chief, can you please check the dpoc in BNF table , doesnt look right
10:27 Tejpreet : Time for a c side
10:30 Ankit Maheshwari : Usually C side is retail right?
10:31 Uttam : not on a drive day
10:31 Ankit Maheshwari : Ok
10:31 Uttam : meaning Drive days can be exceptions
10:32 Uttam : but if we get a big RS we can still play that C side set up
10:34 AnilR : 11 AM Cabinet meeting
10:34 Ankit Maheshwari : On Indo-China stuff?
10:45 Rajesh G : test
10:45 Chandrashekhar : 3 IB’s but low vol/cot…Shai/Uttam your view please?
10:48 MJ : 2 rb and 2 ib on 5 min. 3rd one forming.
10:48 Uttam : A period singles & good vols at open so above VWAP who is doing a good job?
10:48 Chandrashekhar : Buyers
10:49 Uttam : next aet up would be a RE up
10:49 Uttam : set up*
10:49 Chandrashekhar : +1, thanks Uttam
10:49 Uttam : as of now ‘p’ shape
10:49 Uttam : if we do not get fresh buying on RE then can remain or close as a ‘p’
10:49 Shai : make exits in the NF shorts
10:53 Uttam : Shai NF 5mins room chart need adjutment
10:53 Uttam : breaking the roof 😉
10:54 Uttam : thanks Shai 🙂
10:54 Uttam : hat-rick of IBs
10:54 Shai : heavy buyinh incash
10:55 Naresh Dubbudu : Banks slowed.
10:55 Shai : shorts are not working out
10:56 Ashwath : NF above 9800, Can we long here Shai?
10:57 Shai : COt is not yet good
10:57 Ashwath : ok. Thanks
10:57 Shai : 9758 sl if long
10:58 Chandu : uttam is ter anyway to check d same orderflow for stcoks
11:00 Tejpreet : Shai swing sl same 9425-35 or can be moved up ?
11:02 Seshadri : when shai messaged to cut short, same time 9700 put shot above 9700 call. now put is 14.3 L while call is 13.4 L
11:03 Seshadri : 9800 put is 12.2 L while call is 13.9L
11:04 Ankit Maheshwari : P Profile it seems
11:04 Tejpreet : OI will be suspect for this series as lot of hedges would be created for lower margin , OI will swing wildly in options as and when positions are unwounded.
11:04 Himanshu : 21000 CE – 139 – 110 Exited – scalped twice in B and D
11:05 Seshadri : Great Himanshu
11:06 Himanshu : Tej – it seems with lower VIX – the Option Volatility will still move higher due to volume and once Retail is loaded – Bulldozer will move in both direction
11:06 K2dt : congrats H
11:06 Himanshu : Thx Seshadri
11:06 Ankit Maheshwari : Upstox working?
11:07 Ankit Maheshwari : *Ignore
11:07 K2dt : NF is excited to go even higher.. BNF p shaped
11:08 Himanshu : BNF is under 3 mont Morotorium
11:08 K2dt : lool H
11:08 Himanshu : NF rocking – has tail wind from Pharma – IT
11:09 Shai : Nuy 9800 ce at 127 sl pg 103 tgt 163/ 185
11:09 Shai : Buy*
11:09 Seshadri : uttam what does this mean RO pointmt 9822 in Mp
11:10 Shai : Yes- (11:04) Tejpreet : OI will be suspect for this series as lot of hedges would be created for lower margin , OI will swing wildly in options as and when positions are unwounded.
11:10 Himanshu : Roller Over Point
11:10 Himanshu : Roll Over point of Respective Month -Series
11:10 Tejpreet : 11 am cabinet meet over ?
11:10 Ankit Maheshwari : BNF facing rejections from 19980-20K it seems
11:11 Seshadri : RO point for whicbh month?
11:11 Himanshu : Tej – Market look forward to Reliance Meeting more than Cabinet Meeting … Now a days
11:12 Tejpreet : 🙂
11:12 Himanshu : Sesh- Go thru UG’s Weekly – or any report
11:12 Seshadri : ok himanshu
11:12 Himanshu : Man is on Mission –
11:12 Jitender : its starts 11.30 Tej
11:12 K2dt : joined late.. whats the meet abt Jit?
11:12 Himanshu : He has mentioned VWAP, POC and ROller over point for preceding months
11:12 Jitender : some “historic decisions” is twitter rumour
11:13 Tejpreet : tks Jit…historic means SL should be in system 🙂
11:13 K2dt : “historic” indeed they will make a joke of themselves
11:13 Jitender : good name…K2dt..whoose it. ?
11:13 K2dt : Kushal, Jit
11:13 K2dt : thanks 🙂
11:14 Jitender : aah..God Bless you..and u make change it to 4dt soon
11:14 Jitender : but with r/r in place pls
11:14 K2dt : 🙂 +100 Jit
11:14 Himanshu : Historic Decision has been already taken ..
11:15 Himanshu : AtmaNirbharBharat –
11:15 K2dt : what’s that H?
11:15 K2dt : oh lol
11:15 Himanshu : Self Reliant India
11:15 Himanshu : Apna Apna Dekh Lo
11:16 Jitender : Kamath rumor i think everyone knows
11:16 Himanshu : Yes
11:17 Himanshu : Bad Bank Proposer of olden days
11:17 Ankit Maheshwari : For FM?
11:17 Himanshu : No MOS
11:17 K2dt : does US have bad banks? i mean does it have a material impact on lending cycle?
11:17 Himanshu : SitaRaman removal is Religious issue ( in pun)
11:18 Himanshu : Us does not need bad bank
11:18 Himanshu : US needs good bank
11:18 Himanshu : which is FED
11:18 Himanshu : rest all is already bad bank
11:18 Himanshu : They feel – Minister of State could be some fin wizard rather than – Translator
11:19 Ankit Maheshwari : Lol
11:19 Himanshu : Yes Bad Bank – reduces stress of running advancing officers investing their 70 % time in recovery – Legal Issues –
11:20 Himanshu : and focus on new healthy lending
11:20 K2dt : yes that can be a good impact
11:20 Himanshu : besides most advances are consortium – so 10+ banks have to co-ordinate with each other on eacch bigger recovery case
11:20 Sanjib : can we please discuss these offline?
11:20 Himanshu : you know PSU bank officer’s efficiency and will to recover is already questionavle
11:21 Himanshu : but bad bank manages all NPA cases – so their business only reocvery and – selling NPA assests-
11:21 Jitender : Sanjib, Himanshu points are all macro related and valid….he has his ears to the ground
11:21 Ankit Maheshwari : VIX increasing since last 30 mins
11:22 Himanshu : Asset Buyer also has to folio vailable which he could be interested in .. you can even market – bad assets efficintll,,
11:22 Saheer : yes Jit if it is in slack, we can take time concentrate and read, just a suggestion
11:22 Himanshu : Okkk
11:22 Himanshu : sorry guys
11:22 Himanshu : am overflowing some time –
11:23 MJ : @himanshu keep them coming, When On slack, it is easy to revisit these pointers.
11:24 Himanshu : Ok Thx bro
11:24 Himanshu : its etension time – so lets make some money – lot of new bies here – they will get digraced,,
11:24 Himanshu : will type in Slack
11:27 Jitender : +1 (11:22) Saheer : yes Jit if it is in slack, we can take time concentrate and read, just a suggestion
11:34 Shai : Bias rules here fully in play
11:34 Chetas : Opne A singles+ above vwap+ above IBH , now we need RE?
11:34 Shai : for day now support at 9739 and extension tgt of the move comes to 9900/9932 by 3.15 pm
11:35 Shai : trade accordingly
11:35 Chetas : now time for BN ?
11:37 Fenil : ok
11:39 Himanshu : NF – PCR is 1.62 for 4th JUn Options
11:41 Shai : expecting the discount in NF to shrink to 10 or 15 by close
11:41 Shai : 38 now minus down from -85
11:42 Shai : every one settled with new margins for options?
11:42 Shai : I’m not sure the margins are working fine for me yet
11:42 Ankit Maheshwari : Bought future, margin was high..
11:43 Ankit Maheshwari : Sold CE far OTM, still High
11:43 Ankit Maheshwari : Position sizing needs more calculation now
11:45 Shai : At 146 now book half- (11:09) Shai : Nuy 9800 ce at 127 sl pg 103 tgt 163/ 185
11:46 Jitender : vix +
11:56 K2dt : bnf move away from vpoc pls
11:56 Tejpreet : Jit and bops take care of bn might see 10k today only
11:57 K2dt : Amen to that Tej
11:57 Boppanna : Nifty spot April high 9890
11:57 Tejpreet : +1
12:03 Boppanna : IMO..BNF had 2 40K+ reds around A and B highs so pause until they give way also Uttam’s BN spot 20122 a reference for more upside
12:07 Chandu : shai vix increasing in rising market .. y? panic seen in shorts
12:09 Tejpreet : NF almost did 1.5 IB
12:09 Shai : 168- (11:09) Shai : Nuy 9800 ce at 127 sl pg 103 tgt 163/ 185
12:09 Tejpreet : +100
12:09 Shai : follwo the rules of the system we know
12:09 Ketan : +1 shai
12:09 Govind : +1 Shai
12:09 Boppanna : +1 Shai
12:09 Suhas : +1 chia
12:10 Shai : vix increases when calls cover- (12:07) Chandu : shai vix increasing in rising market .. y? panic seen in shorts
12:10 Shai : watch the call IV’s
12:10 Suhas : sorry fr typo Shai
12:11 Jitender : PE ivs have also increased in last 1 hour
12:11 Avinash : +1 Shai
12:11 Shai : yes
12:11 Shai : but not as much as call IV’s
12:11 Jitender : 19.3pe was at 188 at 9.21 n at 178 now
12:12 Jitender : k (12:11) Shai : but not as much as call IV’s
12:13 Shai : My view is you will be safe in the new option regime only if you know direction
12:14 Shai : Alll thes eno directional screenshot wallahs will be taken out
12:14 Shai : Aa gaya 9900 ?- (11:34) Shai : for day now support at 9739 and extension tgt of the move comes to 9900/9932 by 3.15 pm
12:14 Rajesh G : for direction VT room is the best so far i have seen
12:15 Himanshu : Lo – Chief used his Fat Finger
12:15 Chetas : shai, is ther any new differnt margin rules for buyers of option? I only do buying options, hence asking
12:15 Shai : we have a perfect system for this change
12:15 MJ : Cruise mode chief. +1 thank you 🙂
12:15 Shai : Am excited with the new wave
12:15 Boppanna : Awesome Shai
12:15 MJ : Same here chief.
12:15 Shai : Added 9900 ce from 97 to 145 now on that revised view abv
12:16 Shai : 50% gain
12:16 Jitender : +1
12:16 Himanshu : Now in the afternoon We will see comment in Join me chart .. Presenter has gone to bank – will be back soon
12:16 Ankit Maheshwari : 9900CE from 72 to 144 🙂
12:16 Shai : lol
12:16 Ankit Maheshwari : 4DT done
12:16 Tejpreet : Now 10k by 3.15 then 😉
12:16 Shai : Himanshu first time in 3 months all my LT folio stocks in green 🙂
12:17 Jitender : congo Shai
12:17 Jitender : all the best
12:17 Tejpreet : cong Chief
12:17 Shai : All batsmen batting togther for team
12:17 Himanshu : Ankit -you are ordered by JIT to wear mask and Gloves and avoid typing Orders
12:17 Jitender : n more to come
12:17 Sudhir : wonderful, my first trade in NF
12:17 Himanshu : Chief
12:18 Himanshu : Great – Kudos and the day you advised us to buy HDFC bank and Reliance on long term MP chart
12:18 Himanshu : mistakenly I shared price of Reliance to my wifey
12:18 MJ : Chief bajaj twins 🙂
12:18 Ankit Maheshwari : BajajTwins are like Ashwathama 😀
12:18 Shai : TSL at 156 if holding else book out tgt 2 plus – (12:09) Shai : 168- (11:09) Shai : Nuy 9800 ce at 127 sl pg 103 tgt 163/ 185
12:22 Himanshu : Now every week end – I am being queried – Why did not buy Reliance @ 887
12:23 MJ : Lol H.
12:23 Shai : Posted IV chart to #random
12:24 Ankit Maheshwari : Shai are we still in for 9932 intraday?
12:25 Himanshu : Now, I am being told whenever I am confused to buy for long term – I should seek her opinion and she will intutively tell me I should or not ..
12:30 Shai : yes
12:30 Shai : this is pullback hour
12:30 Shai : we go into buy mode again soon
12:31 Suhas : +1
12:35 Shai : -26 now- (11:41) Shai : expecting the discount in NF to shrink to 10 or 15 by close
12:35 Chetas : why not 50pt premium 🙂
12:35 Shai : will have to track spot charts separately if this anamoly continues
12:38 MJ : Chief dvah to watchout if it dips futher?
12:39 KK : where is weekly VWAP placed in NF Spot ?
12:41 Favas : dvh? missing in bnf
12:42 Favas : some error?
12:43 Shai : yes looks like
12:43 Shai : will have it added back
12:44 Favas : ok
12:44 Rajesh : Shai – what will be right level to enter again on buy side?
12:44 Shai : 9800
12:50 Himanshu : 21200 CE -135 – 105 Scalp
12:50 Himanshu : exit..
12:50 Shai : 9830 giving some supp
12:51 Shai : Intra – Buy NF again 9868 sl of 9825 tgt 9935/ 9950
12:53 Himanshu : Covered – 18K PE – Jun – 522 -305 ( 2 Losts only) positional
12:53 Jitender : +1
12:54 Shai : +1
12:54 Ankit Maheshwari : +1
12:54 VijayT : +1
12:54 K2dt : +1 H
12:55 Avinash : +1
12:59 Chetas : Shai, whats is the expected target for BNF , still 20600 spot?
13:13 Shai : BNF wait for an IB extension
13:14 Shai : It’s at the singles of early May
13:14 Uttam : Bops doing it in the I period today looks like
13:14 Shai : Any move abv IBH opens a big round of SC in it
13:15 Shai : yes 2-440 intra and 20800 near term positiional tgt if we do get that extension
13:15 Chetas : thanks shai
13:16 JayJ : SC ?
13:17 Prateeek : short covering
13:17 JayJ : ok
13:18 K2dt : not tested vwap in NF since 925..massive strength
13:24 Uttam : afternoon pull back coming?
13:25 Uttam : H stopped the OTF higher in NF
13:27 Uttam : BNF getting rweady for a RE looks like
13:27 Uttam : vwap holding
13:29 Suhas : +100 UG
13:29 Ankit : _/\_ UG
13:30 Uttam : prominent POC at 19980 in BNF today
13:30 Uttam : Bops you giving that I period ext or no? 😉
13:30 Uttam : 14 more mins
13:31 Boppanna : Shai has ordered IBH ref so keeping all eyes and what not on that now 😉
13:32 Uttam : lets go Bops
13:32 Uttam : hammer it up
13:32 MJ : 30-4-2020 also we had a G period high in spot.
13:36 Uttam : test of morning tial coming in BNF looks like
13:37 Uttam : 25k red at 19930
13:37 Uttam : IS forming at vwap
13:37 Himanshu : Ufff- Risky scalp – 57.5 to 47 – 10100 CE
13:37 Uttam : NF making lower low for first time in the day
13:38 Jitender : bnf vwap broken
13:38 Uttam : (13:24) Uttam : afternoon pull back coming?(13:25) Uttam : H stopped the OTF higher in NF
13:38 Uttam : aa gaya – (13:36) Uttam : test of morning tial coming in BNF looks like
13:39 Jitender : spx went -ve +5 to -*
13:39 Jitender : -8
13:39 Uttam : IS in NF too
13:39 Uttam : -1.6L
13:39 Jitender : +1 UG
13:39 Uttam : _/\_
13:39 Uttam : was looking at I ext but Bops didnt oblige 😉
13:39 Shai : NF – make exits if in long trade
13:40 Shai : increase in reds
13:40 Uttam : yes Shai this bar also having good reds
13:40 Shai : may test 9795 as 9845 bvoke
13:40 KK : +1 UG .19930 to 19856.
13:40 Uttam : lets longs being removed
13:40 MJ : 61k reds at low nf.
13:40 Uttam : Shai BNF 5mins needs adjutment
13:41 VijayT : China looking to halt buying US agriculture produce
13:42 MJ : Vwap >> IBH.
13:42 MJ : NF.
13:43 Uttam : 9785 test coming?
13:45 Himanshu : Exited early – anotehr 11 poiunts donw
13:45 Shai : yes was expetcted- (13:40) Shai : may test 9795 as 9845 bvoke
13:45 Himanshu : 10100 CE
13:45 Shai : COT changing here
13:45 Uttam : +1 Shai
13:46 Uttam : Done – (13:43) Uttam : 9785 test coming?
13:46 Jitender : 2x thru 🙂
13:46 Uttam : congo Jit
13:46 Jitender : one trade after 1st one…3.5 hr wait
13:46 Jitender : tx guys
13:46 Avinash : +1 Jit
13:46 Himanshu : Jit + 1
13:47 K2dt : wow +1 Jit.. have to develop such monk like patience
13:47 Jitender : 20044 was shrt
13:47 Uttam : one round filling now to 9845?
13:47 Himanshu : Me am doing Scalp in contra direction in BNF for 30 Pts and now those premium are Half
13:47 Sourav : plz adjust nifty chart
13:47 Uttam : needs to get above VWAP though
13:47 Himanshu : in one 30 mt bar,,
13:47 Uttam : 9820 is the ID
13:48 Uttam : IS
13:48 Himanshu : crazy – shudder to think what would be happening to Option Buyers of Twitter without risk mgmt or – proper Data like Vtrender
13:48 Himanshu : I was among them once,,
13:49 Uttam : 19850 ref in BNF
13:49 Uttam : above that main IS at 19945
13:49 Jitender : tx guys
13:52 K2dt : dow, dax cracking
13:52 Uttam : BNF taking support as last series’s HVN of 19700
13:52 KK : PEs have stopped falling
13:52 Jitender : proof of the daily toil https://vtrender.slack.com/archives/C0F2VRTPW/p1590999716249700
13:52 KK : reversal ?
13:53 Shai : +1Jit
13:53 Shai : 9779 supp zoen
13:53 Shai : conf is abv 9805
13:53 Jitender : tx chief
13:54 KK : SPX gone
13:55 Shai : sudeen change in COT alst 20 mins
13:55 Jitender : spx
13:55 Jitender : was expectn a fall tere…and Vijay hit it with the news
13:55 Himanshu : Hi Jit – what was trade – short at top or long from start
13:56 Jitender : (13:47) Jitender : 20044 was shrt
13:56 Jitender : no trade after morn DT was done
13:57 Himanshu : ok so in B – short cover in C
13:57 Himanshu : I guess
13:57 Shai : Intra – Buy BF avc 9808 sl of 9778 tgt 985/ 9888- Buy abv only**
13:57 KK : NF
13:58 Shai : (13:57) Shai : Intra – Buy N abv808 sl of 9778 tgt 985/ 9888- Buy abv only**
13:58 Shai : Thanks KK
13:58 Jitender : to be honest was expecting PB till 850-870….but it gave more…who am i to say no
13:58 Jitender : 🙂
13:58 Shai : if it breaks 9779, it is dropping to 9740
14:00 Shai : swipe of late sellers abv 9805- (13:53) Shai : 9779 supp zoen(13:53) Shai : conf is abv 9805
14:00 Suhas : +100 Shai
14:05 Shai : Hold if in NF at 9774
14:05 Shai : getting igly
14:05 Shai : ugly*
14:07 Chandu : Shai dpoc acting as support? rb also forming
14:08 Shai : yes
14:08 Shai : needs to get abv vwap however
14:08 KK : but woh 1 lac red COT ka kya karenge
14:10 Shai : waiting for blue here again
14:20 KK : wow..Abki baar 9845 ke paar
14:20 MJ : Cheers chief 🙂
14:20 Shai : Blue came late
14:21 Shai : There was as eller trapped just under the sl of 9776 hence asked to stay in
14:21 MJ : 33k
14:21 MJ : Reds.
14:21 Himanshu : yes
14:21 Himanshu : MJ wearing Bilori Glass
14:21 MJ : lol
14:21 MJ : bilori glass. Haha!
14:21 Himanshu : You know Bilori Glass
14:22 MJ : Yes Himanshu, Gujju chu.
14:22 K2dt : lol H
14:22 Himanshu : When we were kids
14:22 Himanshu : haha
14:22 K2dt : burning paper with it 🙂
14:22 Himanshu : then you raise agianst SUn and burn skin ,,
14:22 Suhas : Cudos Shai….no better Read of market possible…VT rocks
14:22 Himanshu : was like scientific invention for us then
14:23 Himanshu : Presenter is pushing NF – F
14:23 Shai : _/\_= (14:22) Suhas : Cudos Shai….no better Read of market possible…VT rocks
14:24 Shai : 9795 trailing now
14:24 Himanshu : Today Chief to toast for Birtday once more
14:24 Shai : looking at 9845-55 in 5 mins
14:24 Himanshu : seems
14:25 Shai : lol Himanshu , when I am long I become yout friend is it ? 🙂
14:25 Govind : haha
14:25 Himanshu : HAha
14:25 Himanshu : You are always our mentor ..
14:25 KK : bnf
14:26 Himanshu : Life long .. Mentor
14:26 Shai : 9843n 3 mins – (14:24) Shai : looking at 9845-55 in 5 mins
14:26 Himanshu : Govindbhai .. Kem Cho ?
14:26 Himanshu : Silently counting ?
14:27 Govind : cha ching
14:27 Shai : _/\_- (14:26) Himanshu : Life long .. Mentor
14:27 Avinash : +1 Shai
14:27 Shai : 15 more – 1.5 mins
14:27 Santhosh null : +1
14:27 Govind : just watching H, no trades since morning
14:27 Himanshu : If I think more ..will strat crying ,,
14:28 Himanshu : Hain ?
14:28 Govind : I meant, I was done trading in the morning itself
14:28 Shai : All well Gov?
14:28 Himanshu : I think why – Bopp and Gov is not seen hre
14:28 Govind : Yeah Shai, reached my target is all…all is well..
14:28 Himanshu : You, Tej, Jit are early morning cash counters
14:29 Himanshu : which opens in A and closes in B/C
14:29 Shai : +1
14:29 Himanshu : One day I will ..
14:30 Shai : Book if in longs
14:30 Vishnu : himasnhu just to be yourself and be make peace with the trades. and dont try to change to others. Be a H .
14:32 Vishnu : thanks shai for that comment on last friday. made 2dt in the mronig itself with that comment. carried small qty 9500 call. once dt done dhokan closed. finding peace with what i makes
14:33 Shai : 9750 ref line for rest of this wekely settlement
14:33 Shai : we stay bullish abv it all week
14:33 Shai : 9930- 80 may ttarc t some sellers into tom
14:34 Shai : roughly looking at 9750- 9980 into thursday now
14:34 Boppanna : Shai BNF 19800 ref for bullish bias stays?
14:34 Govind : BNF please Shai?
14:35 Shai : BNF is a proper P so old business yet
14:35 Shai : has not done an extension
14:35 Shai : will not be as buliish in BNF to carry positions
14:35 Boppanna : ok thx
14:36 Govind : OK, thanks Shai
14:36 Vishnu : shai above 9800 10700 are u expecting?
14:37 MJ : Thanks Chief. Positional tsl can be raised to 9700 zone?
14:40 Shai : yes
14:40 Shai : Vishnu some baalcne here but yes expecting 10700 +
14:41 Shai : Any sharp dips shoukd meet increased buying
14:41 Vishnu : thanks chief
14:48 MJ : Okay bossman.
14:55 Shai : came down from 9856- (14:24) Shai : looking at 9845-55 in 5 mins
14:55 Shai : That’s the zone they suddenly lliquidated
14:55 Shai : A cross abv needed tom there
14:56 Shai : will be a good 200 point range for next 2-3 sessions
14:57 Shai : we eye the writers coming at 10000 and 10100 ce fro thursday close
15:03 Jitender : PC nw at 4om
15:03 Tejpreet : Looks like operator unable to load positions 🙂
15:05 Sumit Bajaj : psu banks loaded
15:07 Shai : 3 min confirmed?
15:08 Shai : since NS not there it cannot be BN related
15:08 Shai : 3 ministers?
15:08 Shai : clsoe nearing dpoc
15:08 Shai : so wait and watch
15:08 VijayT : Gadkari will be there so may be related to Infra
15:09 Shai : yes
15:09 Uttam : BNF could give another big move this week 🙂
15:09 Himanshu : If he is there – better oitcome
15:09 Himanshu : Nitin Gadkari- Piyush Goyal – Good news Ministers
15:09 Swapnil : Javdekar, Gadkari & NS Tomar (Agri)
15:10 VijayT : Farm loan waiver?
15:11 Himanshu : Waiverss bad for banks
15:17 Govind : bye all
15:19 Tejpreet : Shai book the pes or can carry some.
15:20 Shai : Liquidation is at 9845 , nothing here
15:20 Shai : see 9740 supp this is we open flat
15:20 Tejpreet : tks chief.
15:22 Shai : BN becomes weak if below 19800 again tom
15:25 MJ : Bye chief and Room.
15:25 MJ : Have a nice eve.
15:26 Shai : closing below 9845 spot *
15:27 Shai : they have to try one more time
15:27 Shai : Markets look a bit worried abt that PC coming up
15:27 Shai : esp BNF has been nervous from 11
15:27 Himanshu : Chief no carry advised
15:27 Shai : no – not here
15:27 Uttam : could be another case of the island reversal we had from 4th May
15:27 Himanshu : ok Thx
15:27 Himanshu : Hain
15:28 Shai : long trem still up
15:28 Shai : BTST for tom avoid
15:28 Chandu : pc means
15:28 Uttam : Press Conference
15:28 Shai : Bye all
15:28 Shai : Hope everyone had a good sesssion
15:28 Shai : Let take it up tom
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Himanshu : Bye Chief, UG, a
15:29 Himanshu : Yes
15:29 Manikandan : Bye all
15:29 Sachith : Bye all
15:29 Himanshu : MJ – Jit Bye
15:29 Boppanna : Bye and Thx all
15:29 Sudhir : Thanks
15:29 Tejpreet : Bye All.
15:29 Himanshu : Gov- Bopp
15:29 Himanshu : Tejo maya
15:29 Himanshu : Bye
15:30 Giridhar Gowravajhal : Bye all