A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an Order Flow chart.
Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.
NF
BNF
Room Chat
08:58 Ankush Jain : GM all
09:00 Himanshu : GM all
09:00 Ankush Jain : pink color looks good’
09:00 Ankush Jain : easy to read
09:00 Vtrender Live : 5 min charts of NF- https://join.me/410-152-828
09:00 Avinash : GM Everyone
09:01 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/972545701
09:02 Manikandan : Gm all
09:02 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647754577?pwd=NFBsaWNWQVF0NHREa2JwT29zM1IzQT09
09:03 Shai : GM all
09:03 Uttam : Good Morning All 🙂
09:04 Aditya09 : good morning all
09:05 Shai : 11340 ref line for the open today and is a support on any sharp probe lower
09:05 Shai : watch to see if the NF can sustsain abv 11417 at open
09:05 Shashidhar : Love the font size, no need to stress to read the numbers
09:05 Shai : if it does that can do 11460
09:05 Shashidhar : Good Morning All
09:06 Shai : in BNF 22220 and 22360 has ref on any higher probes
09:09 Bhushan : gm all
09:12 Vyom : gm all
09:13 Kaustubh : gm all
09:16 Uttam : booked out 11400ce at 78 overnight carry from 60.9
09:16 Uttam : had menitoned in the room that OI was going down at close
09:16 Avinash : +1 UG
09:22 Shai : +1 UG
09:24 Tejpreet : GM All
09:28 Himanshu : booked out 22000 PE -Sep – 715 -629
09:34 Rajesh : nifty openOAOR?
09:35 Uttam : thanks Avinash & Shai 🙂
09:36 Uttam : yes Rajesh OAOR in both
09:40 Himanshu : UG -Cong.
09:41 Himanshu : Room chart stuck I guess
09:41 Kaustubh : +1 UG
09:42 Uttam : thanks H & K 🙂
09:43 Himanshu : UG OAOR – So nap till 12
09:44 Ankush Jain : room chrts stalled, joinme fine
09:44 Naresh Dubbudu : Volumes are very low for a good opening?
09:52 K2dt : congo UG..perfect OI trade
09:53 K2dt : chief time not visible below OF join me chart
09:54 K2dt : solved thnx
09:54 Shai : room charts fine?
09:54 Shai : OAOR kkepeing it quiet
09:55 Avinash : Yes
09:55 Arjun : yes . charts fine
09:55 Himanshu : k
09:55 Himanshu : fine
09:55 Shai : 11415- 11456 range of trade
09:55 K2dt : any chance of inventory adj chief today chief?
09:55 Uttam : yes Shai charts fine
09:55 Himanshu : 12 – Wed today
09:55 Rajiv Ohri : yes now were stuck for about 5-7 minutes
09:55 Himanshu : 12 – last week was exception
09:56 Shai : There is a gap again today like last wed
09:56 K2dt : 🙁
09:56 Shai : BNF 22360 is the big selelrs
09:56 Shai : he has booked half when it slid through 1000 points
09:56 Shai : but he would mark this level
09:56 Shai : his sl should be 22420 today
09:57 Himanshu : ok – thx.
09:58 Ankush Jain : na
10:00 Arjun : shai – in zoom chart the summary table on top left – overwrites on the volume at the price . Can that be moved a bit to right ?or somewhere else ?
10:02 Shashidhar : Ref – Big Seller – is the one you were referring to yesterday that BIG player would enter at 12:00 today
10:06 Ankush Jain : again ornage color im MP chrts
10:12 Shai : yes- (10:02) Shashidhar : Ref – Big Seller – is the one you were referring to yesterday that BIG player would enter at 12:00 today
10:12 Shashidhar : +1
10:12 Shai : MP charts have gone orange?
10:12 Shashidhar : thanks
10:13 Ankush Jain : yes
10:13 Avinash : No
10:13 Uttam : nope
10:13 Uttam : some issue with the app I guess
10:13 Ankush Jain : orange wth me
10:13 Uttam : coming ok for me
10:13 Ankush Jain : they were fine in morning
10:13 Uttam : mornign first login there was some orange
10:13 Uttam : 🙂
10:13 Ankush Jain : we have switched UG
10:13 Uttam : I transferred it to you 🙂
10:14 Ankush Jain : chalo kucch to trfr hona shuru hua
10:14 Kaustubh : lol
10:14 Rajiv Ohri : orange
10:14 Uttam : lol 🙂
10:16 Jitender : Avinash,,,,400-430 bnf zone on watch…13 Aug/23rd July tops tere…
10:16 Avinash : Thanks Jit
10:17 VijayT : +1 Jit
10:22 Ankush Jain : massive PE writing at 11400
10:23 Uttam : but the CE OI not dropping much
10:23 Uttam : so looks like those guys only doing it
10:32 Uttam : for a change NF doing the coiling today
10:32 Uttam : C side in BNF
10:33 Uttam : and a good 31k red
10:33 Avinash : Reversing from 22433
10:33 Ankush Jain : sabko mauka milna chahiye
10:35 Himanshu : UG – 31K could be SLs of big writer – Chief reffred of
10:35 Himanshu : Or is new seller
10:39 Uttam : BNF needs to get into Value of 24th July for a probe to 22600
10:39 Uttam : 22460 is the VAL of that day
10:40 Ankush Jain : for NF we hv to go back to March?
10:40 Uttam : NF new highs here so stronger than BNF
10:40 Uttam : BNF nas to catch up
10:41 Ankush Jain : we r right into gap of 27th & 28th Feb
10:42 Ankush Jain : Gaps have no vols obviously. How do we look into it from MP outlook?
10:43 Uttam : gaps are invisible tails
10:43 Uttam : so important references
10:44 Ankush Jain : in this case a sell tail?
10:44 Uttam : yes
10:44 Uttam : and getting accepted in a tail means that earlier player not as aggressive
10:44 Ankush Jain : so market will find res?
11:00 Rajesh G : test
11:05 Uttam : OAOR effect 🙂
11:05 MJ : For a moment I thought Shai added something new to those MP charts.
11:05 MJ : Orange bricks. Was trying to figure what they are.
11:06 Uttam : 22440 BN spot is the level to be taken out for a probable move towards the weekly vpoc of 22670
11:06 Uttam : 🙂 MJ
11:06 Uttam : MArio
11:07 MJ : Yeah! UG.
11:12 Himanshu : 22700 CE – 65- 54 Out 2 Set
11:12 Himanshu : Today BNF is acting stubborn
11:13 Himanshu : Jit – C FA – 22330 to come
11:13 Jitender : its tere H
11:15 Jitender : 🙂 (10:16) Jitender : Avinash,,,,400-430 bnf zone on watch…13 Aug/23rd July tops tere…
11:15 Avinash : +1 Jit worked like a charm
11:15 Jitender : tis is called KISS trading 🙂
11:15 Kaustubh : 22400 PE 174 – 242
11:15 Uttam : 52k green with 0s at lows in BNF
11:16 Uttam : 0s at 22380 ref on upside
11:16 Uttam : vwap also there
11:16 Tejpreet : 31K C seller getting out
11:17 Uttam : only 100 points Tej 😉 ?
11:17 K2dt : 65-78 11450pe
11:17 Tejpreet : OAOR mein bahut hain Uttam
11:17 Jitender : Avinash..wat was another signal fr tis move ?
11:17 Himanshu : Jit – your KISS to BNF worked
11:18 K2dt : Jit’s 440 level 🙂
11:18 Avinash : C side and rejection from res
11:18 Jitender : yes Avi
11:18 Himanshu : BNF is Jit’s darling
11:18 Jitender : got the context now
11:18 Tejpreet : Did spot bn also do FA Uttam
11:18 Jitender : cheers guys
11:18 Arjun : what is rejection from res?
11:18 Avinash : Tx Jit
11:19 Himanshu : now Tail wind of AGR – will blow on TV channe’
11:19 K2dt : thnx for that level Jit..din ka kaam done 🙂
11:19 Himanshu : Mera Bhi
11:19 Kaustubh : +1 Jit
11:20 K2dt : congrats H
11:20 Himanshu : was hasty in booking – 11 points whereas – 20/22 was availbe in that bar
11:20 Avinash : Congo to all the greens in the room
11:20 Himanshu : Nevertheless – context was right,,
11:21 Shai : +1- (11:15) Jitender : 🙂 (10:16) Jitender : Avinash,,,,400-430 bnf zone on watch…13 Aug/23rd July tops tere…
11:21 Uttam : FA in BNF at top but not sustaining below IBL
11:21 Himanshu : Now 22500 CE will play on second faliure ,,
11:21 Himanshu : yes
11:21 Jitender : kudos guys…pls remember to help others and keep sum amount made fr chairty always _/|_
11:21 Arjun : +1 Jit
11:21 Himanshu : Yes,
11:21 Himanshu : Thx Jit, Kush, UG
11:22 Vishnu : +1 jit karma follows
11:22 K2dt : +100 Jit
11:22 Kaustubh : +1
11:22 Jitender : tx Shai
11:22 Himanshu : Chief – will confirm us if that old seller will appear again in second half on lovw volume kiss up again
11:23 Sanjiv : wed noon volatility in making
11:23 Shai : Intra – Buy Nf 11422 sl of 11403 tgt 11455
11:23 Himanshu : NF is behaving opp to BNF – Reliance keeping it stong
11:32 Tejpreet : Anyone heard of SAMCO brokerage house…..3X leverage for option buying. Never heard of option buying leverage 🙂
11:33 Shai : 22375 to watch on upside BNF
11:33 Uttam : (11:16) Uttam : 0s at 22380 ref on upside
11:33 Shai : +1
11:34 Shai : easy longs throught those 0’s in NF and BNF and the RB
11:35 Tejpreet : +1
11:35 Uttam : (11:15) Uttam : 52k green with 0s at lows in BNF
11:35 Jitender : +1 chief
11:35 Uttam : when Value is forming higher always better to go with the trend
11:35 Shai : heard of them – they have been adverstising that heavily thru gmail- (11:32) Tejpreet : Anyone heard of SAMCO brokerage house…..3X leverage for option buying. Never heard of option buying leverage 🙂
11:35 Shai : some how it pops in my box
11:36 Jitender : tey wud be tracking HNI’s n mrkt movers 🙂
11:36 Shai : not sure whether you waould want to park more than 1 L with them though :)’
11:36 Shashidhar : @shai – do you also get call from Indore to provide you genunie levels
11:36 Shashidhar : ??
11:36 Shai : No
11:37 Uttam : lol
11:37 Shai : have blocked all those suckers years back 🙂
11:37 Uttam : he gives them without the calls 🙂
11:38 Shashidhar : looks like they have links with brokerage house to find the accounts in losses, those phone numbers get calls
11:38 Tejpreet : Right chief , money needs to be at a safe place !!
11:38 Shai : I saw them adverstise when the market was 8600 first time
11:38 Tejpreet : There was one by name finvasia , says 0 brokerage only exchange charges.
11:38 Himanshu : Idirect – 5 Rs/Lot in sell
11:38 Shai : my first thought was they would go down bag and baggage 🙂
11:39 Shashidhar : 🙂
11:39 Himanshu : Leverge – is highest – thouugh not advsied to used
11:39 Himanshu : but – 5 Rs perlot + 20 Rs per order ( of any max lot size – 100 Lots in each BNF/NF)
11:39 Shai : Sandesh lost 3CR at some delhi broker connected to real estate
11:40 Shai : never got 1 ruppee back
11:40 Ankush Jain : high leverage can be quite dangerous
11:40 Himanshu : They have TradeRacer
11:40 Tejpreet : holy shit 3 cr !!
11:40 Himanshu : No I mean good brokerage
11:40 Himanshu : Leverage is uptp you – but money is as safe as RBI
11:40 Shashidhar : just thinking of 1DT of 3cr every day for normal person and 3-5dt for Tej / Jit / UG
11:40 Avinash : Wow 3cr
11:40 Himanshu : Limit on stocks in your holding
11:41 Himanshu : 5 Mt – cover – No brokerage
11:41 Himanshu : sometime on high volume – you cover some – so no brokerage
11:41 Shai : yes – (11:40) Tejpreet : holy shit 3 cr !!
11:42 Uttam : Baba must have recovered that amount in lockdown now
11:42 Shai : small pennies for Sandesh though. He is back in the room now possibly trading with 30 CR 🙂
11:42 Uttam : 🙂
11:42 Tejpreet : I know big guy 🙂
11:42 K2dt : so Sandesh is the MVP here 🙂
11:42 Uttam : and so much down to earth _/\_
11:43 Shashidhar : its just matter of time, each one of us (those below) reach that number and he reaches 300cr
11:43 Shai : Amen
11:43 Himanshu : Wow – Amen
11:43 Uttam : Amen 🙂
11:44 K2dt : 🙂
11:44 Tejpreet : wow +100 Shashidhar
11:44 Ankush Jain : Chief we r appraoching 12 pm
11:45 Vishnu : +1 shai
11:45 Vishnu : san less active niwadays
11:45 Shai : 12 pm move done I think
11:45 Shai : was 200 poinst when Jit mentioen d to short
11:46 Shai : but got curtailed by the 0’s
11:46 Uttam : BNf has a prpbable FA at lows too
11:46 Vishnu : shai that loss in this year or in 2018?
11:47 Shai : which loss?
11:47 Vishnu : 3 cr u menti
11:47 Uttam : Baba’s 3 CR
11:48 Vishnu : thinking of mine from 2008-2019
11:48 Uttam : NF wants to race to the FA first?
11:49 Tejpreet : Uttam keep the bn in range for a NE wednesday move.
11:49 Tejpreet : Stepping out for a while 🙂
11:49 Uttam : lol Tej
11:49 Uttam : no vols without you so it will stay in a range mostly
11:50 Shai : NF 11436 reduce half and bring sl to cost on balance – (11:23) Shai : Intra – Buy Nf 11422 sl of 11403 tgt 11455
11:50 Uttam : nice balance in both in a narrow range
11:50 Shai : justr came late to this one
11:50 Shai : plan was to enter at 11415
11:51 Shai : easy trades off those 0’s and the green RB
11:51 Uttam : now give FA also Shai on both please 😉
11:53 Rajiv Ohri : IS and IB are rare these day. Am I correct?
11:53 Ankush Jain : yes
11:56 Shai : Book full in NF at 11435
11:57 Shai : yes signs of reduced volatility- (11:53) Rajiv Ohri : IS and IB are rare these day. Am I correct?
11:57 Shai : vix below 20 today
11:57 Shashidhar : after March first week first time back to its normal range
11:57 Shai : you will see more of RB and RS and only big vols will give IB and IS
11:57 Shashidhar : normal was 15 and 18 was high volatility days
11:58 Ankush Jain : when it hit 31 and it was kabhi dekhi vix itni
11:58 Shashidhar : haha, peak was around 80
11:59 Ankush Jain : it hit 86 on 24th March
12:02 K2dt : so our expectation should be 3-5 trending days if vix stays like this chief?
12:12 Shai : writers market going forward if it stays less volatile
12:12 Shai : we will still get the 1 odd trend day
12:12 Shai : but be prepared for smaller ranges
12:12 K2dt : +1
12:13 Ankush Jain : premiums too have dropped quite a bit
12:17 Sumeet : Todays NF profile probably an exact 45 deg
12:20 Tejpreet : back ….tks Uttam , both around vwap .
12:22 Shashidhar : This movement is attributed to welcoming Tej back
12:22 Shashidhar : or the impact of his return order
12:23 Tejpreet : 🙂 no orders
12:23 Shashidhar : then welcome (happy/excitement) movement 😉
12:24 Shai : +1- (12:17) Sumeet : Todays NF profile probably an exact 45 deg
12:25 Shai : Long has to perform abv 11440- 11455 later today
12:25 Shai : hence pulled out
12:25 Shai : no sign of big selers yet
12:26 Shai : upto buyers to push the market higher or fail
12:26 Ankush Jain : day range only 45 points
12:26 Ankush Jain : & suddenly a single bar does 50 points
12:40 Uttam : boom boom
12:40 Uttam : BNF
12:40 Uttam : lets get that FA at lows
12:47 K2dt : so low vol mkt…even 1 lac qty has the powet to move NF to 18 points in a 5 min candle 🙂
12:47 K2dt : power*
12:47 Uttam : 22370 has all the TPOs so far
12:48 K2dt : when is the next agr hearing?
12:48 Ankush Jain : NF rotating between dvah & dval
12:49 Uttam : that is how a bell works 🙂
12:49 Shai : G done
12:49 Shai : so bell should continue
12:49 Shai : Not bad guys
12:50 Shai : we will have some excitemet tom for expiry them
12:50 Uttam : 🙂
12:50 Ankush Jain : strangle went bad yesterday, so no panga today
12:50 Shai : that AGR news is there today also right?
12:50 Uttam : Tej doing this Shai so that he gets his 3IB on expiry
12:50 Himanshu : 2 P<
12:51 Shai : +1 Tej
12:51 Shai : Looks like that judge wants to wind up fast
12:51 Sanjiv : proceedings will go on beyond mkt hours
12:51 Shai : good to see actually
12:51 Shai : other wise these guys are notorious for giving dates 1 month out
12:52 Jitender : Justice Misra is retiring soon..tats y
12:52 Sanjiv : 2nd sept
12:52 Shai : okay
12:53 Shai : but why is the nench so interested in getting that money so fast, when the govt is least bothered
12:53 Shai : bench*
12:53 Tejpreet : Chief we also need fast money , let's get a nice afternoon move !!
12:54 Shai : okay
12:54 K2dt : thnx Jit for the info
12:54 Shai : let;s see if K does it then
12:54 Tejpreet : +1
12:54 Shashidhar : We have a target for 3Cr now
12:55 Prashant : @shai, bench…bcos it is arun mishra
13:03 Shai : okay
13:04 Shai : I have my eyes on Bharti
13:04 Shai : whcih is part of my long term PF
13:04 Shai : Aif this goes well, it shoukld run and get some ajor interest
13:05 Shai : Any close abv 536 today will mean that short trem lows are in
13:05 Shai : 516 sl if it does that
13:05 Shai : upsdies open
13:06 Ankush Jain : 11536?
13:06 Amit Jain : bharti airtel ankush
13:06 Shai : bharti 516*
13:06 Ankush Jain : ok
13:08 Maxis : on a personal note chief, who do u think has a better product and service, Jio or Airtel?
13:08 Ankush Jain : Mota Bhai ne sabko lapet liya hai
13:11 Maxis : what is their obligation to pay, if verdict is against them?
13:12 Maxis : MP charts in room are funny, is it only me?
13:12 Ankush Jain : Orange color?
13:12 Uttam : they are fine MAxis, refresh or realod
13:13 Maxis : yes, orange.
13:13 Ankush Jain : refreshed & i have more orange
13:14 Shai : have not used Jio BB so not sure- (13:08) Maxis : on a personal note chief, who do u think has a better product and service, Jio or Airtel?
13:14 Maxis : ok
13:14 Shai : but my view is that JIO has got a re-rating and only this AGR mess put Bharti aside. If that is cleared it shoulld step up to be counted
13:15 Swapnil : A healthy Airtel is essential for everyone.
13:16 Maxis : at my place, have an Airtel BB of 100 mbps. but at times is speed check, the speeds are 100+
13:16 Vyom : same view Shai on Airtel. Once this AGR hangver ends it shud outperform
13:16 Vyom : thanks for the levels
13:19 Shai : _/\_
13:20 Ankush Jain : NF still mainaining 45 points range
13:25 Uttam : 'I' also got printed here now – (12:47) Uttam : 22370 has all the TPOs so far
13:25 Uttam : A to I all TPOs there
13:26 Ankush Jain : 11430 too in NF
13:28 Uttam : NF has 4 lines of same
13:28 Uttam : 11428-432
13:35 Ankush Jain : room chrts?
13:37 Rajesh G : CHARTS STUCK
13:39 Shai : back?
13:39 Rajiv Ohri : y
13:39 Avinash : yes
13:44 Maxis : the sell imbalance colour is so visiable and clear. Thanks Chief.
13:45 Shai : +1
13:45 Shai : o's at BNF lows again
13:48 Munish : Longs on if it passes the 11440 test?
13:49 Munish : The market has been swinging all day between 11440 and 11415
13:49 Ankush Jain : room charts?
13:49 Maxis : 11500 is more like it, imo
13:50 Maxis : 11450, sorry
13:54 Rajiv Ohri : Charts?
13:55 Rajesh G : charts stuck
13:55 Ankush Jain : yes
13:55 Ankush Jain : joinme working
13:57 Naresh Dubbudu : BNF want to test 22192 before taking off?
13:59 Himanshu : UG – ye kya ho raha hain bhai
13:59 Ankush Jain : 1.35 lk reds at top in NF
14:03 Avinash : 45 Degree active bel 49
14:03 Avinash : ?
14:04 K2dt : that seller came exactly at 460…super levels chief
14:06 Shai : has to enter IB for 45 degrees
14:06 Ankush Jain : short below IBH?
14:06 Shai : better belw 11444 as 0's are there
14:06 Ankush Jain : the colors in room charts are all over the place
14:06 Vyom : Shai airtel above 536…
14:07 Shai : o's in BNF at higs
14:07 Shai : tgius oushed it up- (13:45) Shai : o's at BNF lows again
14:07 Shai : And then down from 0's
14:08 K2dt : tgt for the short chief?
14:10 K2dt : not in yet
14:10 Shai : short NF below 11440 sl of 11458 tgt 11423. Short eblow only
14:10 K2dt : +1
14:16 Fenil : short elbow?
14:17 Fenil : ohh below..
14:17 Fenil : sorry my bad
14:18 Maxis : Chief means nudge it withyour elbol to bring it below 440.
14:20 Fenil : I would prefer a hard push then 😀
14:21 Maxis : in that case, a smash would be better than a nudge
14:23 Vishnu : both high 466 11466.4 and 22466.2
14:25 Fenil : great obsevation Vishnu
14:25 Uttam : copy cats
14:28 Rajesh G : shai are these zeroes due to lack of liquidity and bigger spread
14:28 Shai : NF in
14:29 Shai : yes- (14:28) Rajesh G : shai are these zeroes due to lack of liquidity and bigger spread
14:30 Shai : vol yesterrday was half of the previous 2 sessions
14:30 Shai : today we may just cross yesterday numbers
14:31 Maxis : speedo at 60. i think 57 is the lowest i have seen
14:39 Shai : Book this at 11430 cmp- (14:10) Shai : short NF below 11440 sl of 11458 tgt 11423. Short eblow only
14:39 Shai : no movement
14:39 Shai : may want to close at vwap/ dpoc
14:41 K2dt : mkt waiting for 3pm cabinet meet.. may be
14:45 Ankush Jain : K done
14:46 Ankush Jain : nice symmetrical bell today
14:46 K2dt : airtel rocking chief
14:58 Shai : It's a long term play guys
14:58 Shai : definitely not looking at 1 day or 2 day moves
14:58 Shai : hope we don't spike in last 30 mins
14:58 Shai : we can bear this for 30 mins more
14:59 Shai : cos the reward wioll be sweet tom
14:59 Uttam : 🙂
14:59 Shai : worth the pain of today 🙂
14:59 K2dt : +100
14:59 K2dt : :))
14:59 Fenil : tommorow is #dukaan day
14:59 Himanshu : UG – Chief – PLR s up today or down for to
14:59 Uttam : 22370 is the prominent POC pf today
15:00 Uttam : all TPOS registered there
15:00 Uttam : so need a move away from there at open tom
15:00 Uttam : 11436 in NF
15:00 Shai : +1
15:01 Uttam : 11450 will be the combo to focus on tom Shai?
15:02 Munish : chart frozen
15:02 Uttam : chasrts fine
15:02 Ankush Jain : yes
15:03 Uttam : some reds in NF
15:03 Uttam : -73k COT
15:03 Uttam : good vols today in that 11450ce
15:04 Uttam : dukaan candidate for tom
15:04 Uttam : massive addition in 11400pe also
15:04 Uttam : and both around 32-34
15:05 Ankush Jain : 11500 CE has max OI
15:06 Uttam : but that was old addition
15:06 Uttam : 11450ce is new addition
15:06 Ankush Jain : yes max activity at 11400 pe only today
15:10 Rahul : UG burnt the Dukaan today only, he cant wait…lol
15:11 Rahul : 57k greens
15:12 Uttam : poor guys the late writers in that 11400pe being forced out
15:12 Rahul : back to vwap ?
15:13 Sumeet : Push it back to vwap / dpoc and we will pretend nothing happened. Then can hope for tomorrow
15:14 Uttam : bell hai to mumkin hai 😉
15:14 Sumeet : :)))
15:15 Vishnu : nice updates in gotomeeting shai
15:15 K2dt : do we consider this a apike UG?
15:15 Uttam : spike takes you away from Value K
15:16 Ankush Jain : So it is a Neutral Day Centre?
15:16 K2dt : thnx UG +100
15:16 Uttam : yep and we have all to fight for tom 🙂
15:17 Uttam : and in a spike you have an extension handle from where the acution moves away from developing value
15:17 K2dt : +100 noted 🙂
15:18 Uttam : weak close though in both if we close below VAL
15:18 Uttam : have a small tail at top at new hgihs
15:18 Uttam : so a small bias will be to the downside if we close below 11424 & 22300
15:20 Uttam : chance of an island reversal also as nice balance and Value completely higher and narrower
15:24 Uttam : back to vwap – (15:14) Uttam : bell hai to mumkin hai 😉
15:24 Tejpreet : +1
15:24 Sumeet : It never happened
15:24 Shai : +1
15:24 Shai : FA confirmed at highs
15:24 K2dt : +1
15:25 Shai : we can beat the market with 11466 now as ref for the breakout
15:25 Shai : more dependable for aug end and sept
15:25 Shai : Any move abv 11466 becomes a buy with 11330 as sl on swings
15:26 Uttam : +100 Shai
15:26 K2dt : thnx for the levels chief
15:27 Shashidhar : but thats a huge stop loss, is the reward also good Shai
15:27 Shashidhar : near 130 point SL
15:27 Shai : 2ATR
15:27 Uttam : 11700 😉
15:27 Uttam : 1st stop
15:27 K2dt : now vix being low ok to buy positional options from now on chief?
15:28 Shai : tgt shoukf be about 400 for that move
15:28 Shai : will chaeck and update
15:28 Shai : Around 360- 400 in there
15:28 Uttam : 11763
15:28 K2dt : sure thing 🙂
15:28 Shai : +1
15:28 Uttam : 2atr Shai
15:28 K2dt : le ao UG 🙂
15:29 Shai : Also 10850- 11350 balance Uttam
15:29 Shai : Abvout 500 there
15:29 Uttam : so 11850 🙂
15:29 Uttam : 2ib
15:29 Shai : yes so 400 from 11466
15:29 Uttam : +100
15:30 K2dt : +400
15:30 Shai : I'll leave the tgt calculations to Uttam- he is good at it 🙂
15:30 Shai : just bring me the move 🙂
15:30 Uttam : lol
15:30 Naresh Dubbudu : What are the expectations on downside?
15:30 Shai : fails below 11330
15:30 Tejpreet : Bye All.
15:30 Shai : down to 11100 and 10850\
15:30 Shai : Bye all all
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 Shai : Have a nice evening
15:31 Naresh Dubbudu : Thanks Shai. Bye all.
15:31 K2dt : bye all 🙂
15:31 Avinash : Bye everyone
15:31 Rohan : Bye All
15:31 Manikandan : Bye all
15:33 Himanshu : Bye all