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 (May)
BNF (May)
Room Chat
09:00 Arpan null : good morning
09:00 Ankush Jain : GM all
09:00 Ankush Jain : No body here yet?
09:00 Vishnu : gm all
09:00 Sagar : GM
09:00 Rajan Modi : Gm
09:00 Rajesh G : gm all
09:01 Himanshu : Some Body are heer
09:01 Himanshu : Gm all
09:01 Himanshu : Vishnu maharaj ki jai
09:02 Amit null : gm
09:02 Vishnu : h lovely
09:02 Sumeet : gm all
09:03 Nisha : GM All
09:03 Ranjith : Gm all
09:05 Vtrender Live : 5 min NF charts – https://global.gotomeeting.com/join/994897573
09:06 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647755698?pwd=U1FVY2NpUXIzZlVWKzc0azhORlNqQT09
09:07 Uttam : Good Morning All 🙂
09:08 Uttam : https://vtrender.com/market-profile-analysis-dated-28th-april-2021/
09:09 Ankush Jain : Shai is not joining today?
09:10 Nisha : GM All
09:10 Uttam : sure he is
09:10 Ankush Jain : He is usually there by this time
09:11 KK : he will come after OAOR
09:11 KK : gm all
09:13 Shai : GM all
09:13 Ankush Jain : good to hear that chime
09:13 Ankush Jain : GM
09:13 Shai : 14840 ref line for the day
09:13 Shai : 14975 to watch at open
09:14 KK : 15046 tak
09:14 Uttam : 15052 is that weekly FA in spot
09:15 Uttam : NF tags the higher vpoc of 14988
09:16 Yash null : 3ib rule?
09:16 Yash null : First hr high?
09:16 Ankush Jain : Huge OI in 15000 ce. At what levels they run for cover?
09:17 KK : 34240 BNF ?
09:17 Shai : has opened up 15042/ 15082
09:18 Milind : What would be SL @Shai?
09:18 Shai : 14973
09:19 Uttam : 334250 was the high of this series so far
09:19 Uttam : 34250*
09:19 KK : 34400 after that
09:19 Shai : 15000 ce lows may not break today at 25
09:22 Govind : 15049 is the March 17th FA (level is from April series) for those who are long
09:23 Govind : 15040 is the March series vpoc
09:23 Shai : don’t chase here
09:23 Shai : we buy a dip
09:23 Govind : am not seeing a single LLT in this move
09:23 Govind : +1 09:23 Shai : don’t chase here
09:24 KK : yup.great Open..2.5 DT..BNF would give more..
09:24 KK : NF needs to clear that 15046-49
09:27 Shai : Just for some perspectiive that 15000 CE has been written at 3 to 6 . Yesterday they added at 19 to 25
09:27 Shai : OI at 67L
09:27 Mayur P : +1 Shai
09:27 Uttam : 96-105 in 15100pe
09:28 Uttam : 34313 ref in BNF
09:28 Uttam : above that we have vpoc of 34416
09:28 Uttam : 34180 ref on downside
09:28 Shai : 48 supp in 15000 ce
09:29 Uttam : took out that monthy POC of 33870 in style BNF
09:29 Shai : Buy 15000 ce at 58 sl of 43 tgt 76/ 94
09:29 KK : UG, 34416 dikhaiye
09:30 MJ : chief thoda tp over here? before next move?
09:30 Uttam : 34180 and below it 34048 ref in BNF
09:30 Uttam : 15035 was a hvn in NF
09:31 Uttam : spot 15052 big positional ref it was so far
09:31 KK : bnf will take NF along
09:32 Govind : 15000 is the LVN in today’s profile, for now
09:33 Govind : volumes still below ave in this period
09:35 Ankit Maheshwari : NF room chart Lower30m hiding POC info
09:36 Uttam : 9.3L in Apr & 7.5L in MAy NF first 15 mins
09:37 Uttam : another OAOR
09:37 Shai : Boiok the 15000 ce at 63 cmp
09:37 Shai : we will buy into the 14900 ce
09:37 Ankush Jain : +1
09:38 Shai : Buy 14900 ce abv 153 sl of 130 tgt 187/ 206
09:38 Shai : cmp 139 buu abv
09:38 Ankush Jain : can we put limit order?
09:38 KK : UG, 776 red at 34270 ?
09:40 Uttam : profit booking looks like KK
09:40 Shai : BNF has 230 points upaside abv 34300 on greens to vpoc 34530
09:40 KK : 180 to 270 ke beech mein chal raha
09:41 KK : ab waiting for entry at 34040
09:43 MJ : 15k pe also bouncing from 40-43
09:46 MJ : 43-59
09:46 MJ : out
09:46 KK : news ?
09:46 MJ : boom! 74 more out.
09:47 Rahul : red bands kk
09:48 Surya ganti : that seemed like more than red bands
09:48 KK : NF broke IBL
09:48 KK : its going all the way
09:48 Surya ganti : 500 points down in 5 mins for BNF
09:48 KK : BNF
09:48 MJ : 15k pe for 100?
09:48 KK : *
09:48 Rahul : yeoppppp
09:48 Rahul : 89 is on
09:48 MJ : needs to stay above 83
09:48 MJ : be fast rahul if in.
09:49 Govind : traded the LVN break for a quick 20 points in the 14900PE…09:32 Govind : 15000 is the LVN in today’s profile, for now
09:49 Ankush Jain : KK IBL yet to be final
09:49 Rahul : yepp mj
09:49 MJ : B has been moving last 3 days
09:51 Ankit Maheshwari : where is NF POC
09:53 KK : 80% in BNF ?
09:53 Sumeet : 15020 i think
09:54 Surya ganti : any news so far?
09:54 Rahul : 89
09:54 Chandrashekhar : going for PDH NF??
09:54 Uttam : 15k pe from 82-96
09:54 KK : kya hua..Bank fail ho gaya kya ?
09:55 Uttam : (09:31) Uttam : spot 15052 big positional ref it was so far
09:55 Chandrashekhar : 15K ce @ 20 now
09:55 MJ : 100 all out (09:43) MJ : 15k pe also bouncing from 40-43(09:46) MJ : 43-59(09:48) MJ : needs to stay above 83
09:55 Uttam : (09:28) Uttam : 34313 ref in BNF(09:28) Uttam : 34180 ref on downside
09:55 Shai : tables turned
09:55 Ankush Jain : that was so timely exit in CE
09:55 MJ : 🙂
09:55 Ankush Jain : yes
09:55 Surya ganti : wish i exited BNF too along with that CE 😀
09:56 MJ : those pe writers thought gap and powell chacha will save em!
09:56 Sumeet : pm maal chipkao yojana happened at 920
09:56 MJ : hah!
09:56 Ankush Jain : ab PE waalon kee dhulaai
09:56 Uttam : IS / red band at vwap in both
09:57 KK : 14900 PE walon ka kya ?
09:57 Shai : NF going to 14860
09:57 Surya ganti : lol almost 1000 point IB in BNF
09:57 Shai : sl of 14945
09:57 Surya ganti : short here chief?
09:58 Shai : can
09:59 Gopi : 579 in bnf
10:01 KK : just in one trade now for 860
10:01 Ankit Maheshwari : BNF POC shifted
10:01 MJ : bnf meets pday singles
10:01 Yash null : bnf 440 k niche kya he?
10:01 MJ : and has bounced from there.
10:02 KK : 440 was the J support yesterday..
10:02 MJ : 135 pt IB nf
10:02 Ankush Jain : BN 34200 ce 236-50
10:03 MJ : today is bajao divas.
10:03 Shai : trail any NF shorts at 14948
10:03 MJ : both side.
10:04 Govind : Have yet to see a single 200+ lot order today…09:23 Govind : am not seeing a single LLT in this move
10:04 Shai : +1
10:04 Mayur P : +1
10:04 Shai : tables turned quickly in B
10:05 Govind : Yes Shai
10:05 Mayur P : Manage SL @Shai?
10:05 Aman Singhania : sl hit
10:05 Surya ganti : sl hit
10:05 Shai : exit
10:06 Sumeet : shai, at leisure can you readjust the room charts please ?
10:06 Sumeet : bnf
10:06 Ankit Maheshwari : govinf those 679 at POC BNF isn’t that LLT (10:04) Govind : Have yet to see a single 200+ lot order today…09:23 Govind : am not seeing a single LLT in this move
10:06 Ankit Maheshwari : *govind
10:07 Govind : Ankit, was referring to NF
10:08 Milind : Is the previous NF short call on @Shai?
10:08 Surya ganti : stoploss hit karo joyna going on
10:08 Uttam : another round in 15k pe from 92-105
10:08 Uttam : that 14949 stalled
10:08 Govind : yes, you will see bigger numbers than 200 lots in NF too but as we are looking at 5 min charts, orders at same prices will get clubbed together.
10:08 Surya ganti : and our SLs were 1 point lower
10:08 Uttam : ext handle validated
10:08 Sumeet : Uttam ! kya baat hai. since morning taking the exact same trades as you. This is a big deal for me _/\_
10:08 KK : UG, that 776 was something at 34270..but.taking a coffee break till D, 34K sell post breaking helped retain the greens.
10:09 Uttam : yes KK 34180 break and after that 34048 break clearly showed BNF PLR had turned to down
10:09 MJ : 80-84 and reverse (09:48) MJ : needs to stay above 83
10:09 Uttam : that 34180 broke with a red band & IS
10:10 Uttam : VWAP also was taken out in that 9:40 bar
10:10 Shai : we wait for a better window now
10:10 KK : post 2 PM, is going to be fun either way.
10:10 Uttam : then we got 0s at 34048 in the next bar
10:10 Govind : C extension would also reaffirm this…10:08 Uttam : ext handle validated
10:10 KK : yeah, it went through 34040 like butter
10:10 Shai : slight change in auction math from waht we saw MOnday onwards
10:10 Shai : sellers have announced
10:11 Shai : 14947 still a ref
10:11 Ankush Jain : maybe influenced by Mr. Kamath
10:11 Shai : 33820 in BNF
10:11 MJ : possible of being a 2 way day Chief
10:11 MJ : ?
10:11 Sumeet : lol Ankush
10:11 Ankit Maheshwari : Kamath was taking position against retail and these robinhoods has been doing well for a while now
10:12 Govind : 🙂
10:12 Yash null : ib range is good
10:13 Ankit Maheshwari : BTFD has worked well for retail until now
10:13 Yash null : koi 3ib nai bolega,
10:13 Govind : late longs got slaughtered in this B period move
10:13 Ankit Maheshwari : this saved (09:23) Shai : don’t chase here
10:14 Yash null : 3ib rule helped me
10:14 Yash null : no trade yet
10:14 Mayur P : +1. Monday was exact opposite. Late shorts got slaughtered in B period transition (10:13) Govind : late longs got slaughtered in this B period move
10:15 MJ : It’s a fast pitch today.
10:15 MJ : batting with extra protection is imp.
10:15 Rajan Modi : Yash , can u pls explain the 3ib rule
10:15 MJ : wear your armguards commrades.
10:15 Mayur P : Yeah MJ. bewildered by your speed though
10:15 Mayur P : 🙂
10:15 MJ : i was watching 15k combo.
10:15 MJ : saw some oi blips.
10:16 MJ : right place right time.
10:16 MJ : got lucky.
10:17 MJ : 14918 5 min poc 2 of them.
10:17 Mayur P : fortune favors the..
10:18 MJ : /\
10:18 MJ : Ankit the robinhood writers, what are they upto?
10:19 Ankit Maheshwari : on monthly expiry, typically for slaughtering LD
10:20 Ankit Maheshwari : they write same strike combos and keep sum of both as SL on each leg
10:20 MJ : aaj toh aag lagi hogi then. 🙂
10:20 Ankit Maheshwari : whichever SL hit, they roll-up or roll-down to next strike. Typically end up getting 30-40 points on expiry day.
10:21 Ankit Maheshwari : Certainly. (10:20) MJ : aaj toh aag lagi hogi then. 🙂
10:22 Ankit Maheshwari : they get hurt even more when option price freeze happen
10:23 MJ : What I saw in 15k was a lot of morning oi that built, and hoping nf stays above vwap. But real whack happened too soon to adj that 15k pe
10:23 Yash null : 25mins,not able to clear last IS, round 2 pending?
10:24 Ankit Maheshwari : Not much actualy 15K combo was written around 112 points
10:24 Himanshu : UG – is it balancing day upto yesterday G singles
10:24 Yash null : nf dpoc down,?
10:24 Ankit Maheshwari : It is at 120 right now
10:24 Govind : vpoc shifted to 14920 UG?
10:25 Ankit Maheshwari : directional writers were hurt
10:26 MJ : yes pe guys i was refering to A.
10:27 Govind : 14914.95 was a 3300 LLT from April 16th…price has been around it
10:28 Prashant : C ext chance?
10:28 Shai : +1- (10:13) Govind : late longs got slaughtered in this B period move
10:28 Shai : B rebel today
10:29 Shai : 14860/ 14813 on watch
10:29 Himanshu : Chief – any chance for Filling up of G signal
10:29 MJ : chief another day of B moves.
10:29 Milind : SL Chief?
10:31 Mayur P : Shai where do we eneter? (10:29) Shai : 14860/ 14813 on watch
10:31 Rajesh G : D
10:32 Rajesh G : WAITING
10:32 Rajesh G : sorry caps
10:32 MJ : It is a wide IB. with B singles on top.
10:33 MJ : I mean in middle of the profile.
10:35 MJ : Timely C
10:35 Shai : same 14947- (10:29) Milind : SL Chief?
10:37 Rajesh G : shai 80% rule applicabl now
10:37 Mayur P : room charts lagging?
10:38 Ravi : it was not a balance profile yesterday Rajesh
10:38 Shai : 14900 pe to cross 88
10:39 Shai : 14860 here
10:39 Shai : sl 53 on 14900 pe
10:39 MJ : +1 chief
10:39 Shai : can go to 14810 if reds addd at 14860
10:39 Nagaraj : +9
10:44 Shai : Buy 14900 pe sl of 57
10:45 Uttam : yPOC here in NF
10:45 Chandrashekhar : +1
10:45 Shai : Buy 14900 pe at 71 sl of 57 tgt 100
10:46 Shai : That 14900 pe is messed up in OI
10:46 Prashant : messed up as on ripe for action?
10:47 Shai : smug writers
10:47 MJ : 🙂
10:47 Shai : complacent fellows not understanding that the wind has changed
10:47 Rajesh G : shai they ae not budging
10:48 Yash null : bnf close this bar below 440 pls
10:48 Shai : 88- (10:38) Shai : 14900 pe to cross 88
10:48 Uttam : 50% out at 87 in that pe
10:48 Uttam : thanks Shai 🙂
10:48 Shai : book ha;f- (10:45) Shai : Buy 14900 pe at 71 sl of 57 tgt 100
10:48 Govind : bidders trying hard to absorb at pd vpoc
10:49 MJ : 15k pe wants too. gimme that shai, I will be out.
10:49 Shai : then their backs will be broken- (10:47) Rajesh G : shai they ae not budging
10:49 Yash null : in,
10:49 Shai : 🙂
10:49 Shai : 95
10:49 Uttam : Trend Day set up
10:49 Chandrashekhar : thanks Shai.. did that PE from 47-97
10:50 Ankush Jain : ajj subah subah se dukaan
10:50 Ankush Jain : 1st CE & then PE
10:51 Shai : just one trcik we missed in that 14947 ref , they stole our stops there
10:51 Surya ganti : +1 ouch
10:51 Uttam : yes Shai it got rejected riht there
10:51 Ankush Jain : it did’nt cross 14950
10:51 Surya ganti : exit at 100 or ride chief?
10:52 Uttam : 14810 breaks could open more downside
10:52 Prashant : in G singles
10:53 Sumeet : yvwap here
10:53 MJ : Round two out 191
10:53 MJ : (10:09) MJ : 80-84 and reverse (09:48) MJ : needs to stay above 83
10:53 Shai : 14810
10:53 Mayur P : +1 Shai
10:53 Ankush Jain : great
10:53 Mayur P : Master of the art
10:53 MJ : (09:43) MJ : 15k pe also bouncing from 40-43
10:53 Ankush Jain : IS this ORR today?
10:53 Shai : saw B in action today- (10:28) Shai : B rebel today(10:29) Shai : 14860/ 14813 on watch
10:53 Uttam : +1000
10:54 MJ : yes chief.
10:54 Shai : Book the PE fully
10:54 Rajan Modi : hahah – see the low
10:54 Rajan Modi : you are amazing Shai _/\_
10:54 Shai : Cheers
10:54 Sadees : +1 Chief..
10:54 MJ : cheers chief.
10:54 Rahul : yeeppp to shai
10:55 MJ : AMAZE AF trade.
10:55 Prashant : How 813 shai HOW? Amazing
10:55 KK : +1 Shai.
10:55 Siddhesh : Cheers Chief
10:55 Shai : Mentioned 810 as transition zone yesterday
10:55 KK : now BNF broke 440 as well. So each rise to sell ?
10:56 Shai : if we get a LL below it we trade for trend day
10:56 Uttam : yes Shai, Trend Day VWAP too that 14810 is
10:56 Rajesh G : +1 00 shai
10:56 Uttam : what a week
10:56 Shai : for 14700/ 14650 sl abv 14865
10:56 Uttam : we are on a hati-trick of tredn ddays
10:56 Govind : Super…10:56 Shai : if we get a LL below it we trade for trend day
10:57 Sadees : greens coming in BNF
10:57 Uttam : Shai BNF 5min can be adjusted?
10:59 Sadees : BNF zeroes at 33450 held, can BNF give extension?
11:00 Ankush Jain : 14810 was yesterday’s vwap
11:00 Uttam : 33333 was VAP in BNF
11:00 Uttam : TRend Day
11:03 KK : 480 red at 273
11:04 Rajesh G : 14800 pe oi still rising
11:05 MJ : Let’s see pday G period guys can hold it or nope.
11:05 MJ : nf
11:06 Chandrashekhar : +1 MJ…G period singles below
11:09 Shai : BNF a weak structure
11:09 Shai : is hunting for that POC
11:09 Uttam : 33080
11:09 Uttam : 33265 minor support
11:09 MJ : Shai F reload around 870?
11:10 MJ : for shorts.
11:10 Shai : yes
11:11 KK : Shai, greens are good, Should continue trading or leave it..I am selling bnf OTM and booking..what do you suggest risk, is less,,See it going all the way of otherwise of yesterday
11:12 Vishnu : any lower level shai for that banknifty
11:14 MJ : ib after long
11:15 KK : it abhs to keep coming back to 440
11:15 KK : transition for vwap ?
11:16 MJ : 😀 (10:11) MJ : possible of being a 2 way day Chief
11:17 MJ : Waiting still as bands on (11:09) MJ : Shai F reload around 870?
11:18 Govind : watch 14880
11:18 Govind : big offer sitting there
11:18 Surya ganti : sell order gov?
11:19 Govind : y
11:19 Shai : Buy 14900 pe at 64 sl of 47 tgt 111
11:19 MJ : picked.
11:19 Govind : offer means sell order Surya
11:20 Surya ganti : ok cool. i thought it was a typo
11:20 KK : it has to go up further..bnf
11:20 Govind : he got abosrbed
11:20 KK : 33300 PE 130 to 90
11:20 MJ : pdh check.
11:21 KK : last trade, bye guys..VWAP tag in BNF coming
11:21 Surya ganti : SL hit chief
11:21 Shai : exit the 14900 peif 43 breaks
11:21 MJ : G guys held their nimboos.
11:21 Swapnil : 😛 MJ
11:22 Shai : if sl got taken enter with 43 again
11:22 Shai : 43 sl
11:22 Shai : will exit if vwap is crossed
11:25 Shai : looks like 14810 will hold
11:25 Shai : last play for day shorts at vwap
11:25 Swapnil : 43 gone on that PE
11:25 Shai : SL taken 14900 pe
11:25 Shai : exit
11:25 KK : aaya kya..700
11:26 Shai : whacky day
11:27 MJ : throws up by 115 pt (11:05) MJ : Let’s see pday G period guys can hold it or nope.
11:28 Shai : system stops getting taken down
11:28 MJ : playing with sl and locations of trade.
11:28 Ranjith : chief cant it be taken as rejection now from VWAP in NF
11:29 Shai : yes
11:29 Siddhesh : quick moves
11:30 Shai : yes
11:30 Shai : speedo at 140
11:31 Mayur P : @Shai these 758 greens in NF @ 14880 are rolls?
11:31 MJ : The two ibs showed intent.
11:31 MJ : nf.
11:32 MJ : 758 greens ref now. at 880.
11:36 Sadees : NF rejection at IB low now?
11:39 Chandrashekhar : that b period extn handle @ 968-940 a good ref for Short Bias SHai?
11:42 MJ : back at that 880 gov.
11:45 Shai : 14860 holding
11:45 Shai : Auction got mixed again
11:46 Uttam : 14900 combo chosen by writers Shai?
11:46 Uttam : big vols in both just now
11:46 Siddhesh : +1 Shai
11:46 Uttam : combo is at 96
11:49 Ankush Jain : 14900-14800 range
11:49 Ankush Jain : 15000-14800
11:50 MJ : chief bnf profile can adj?
11:50 MJ : thanks.
11:53 MJ : 3rd attempt to vwap in watching nf.
11:54 Sanjib : You mean dono taraf ka dukaan loot ke abhi peace pipe 🙂 (11:46) Uttam : 14900 combo chosen by writers Shai?
11:55 MJ : It has been loot riot since morning sanjib 😀
11:55 MJ : lunch break in G?
11:55 MJ : Or G is for ____
11:55 Sanjib : 🙂
11:56 Sanjib : @Jit – hope your brother is doing fine
12:03 Govind : LLTs not showing their hand in May series yet, they could be trading by splitting their orders or small quants…probably would be waiting for exit polls/results
12:04 Jitender : under obs Sanjib..fingers crossed..tx fr askn
12:05 Surya ganti : good to hear jit
12:05 Govind : Prayers are with your fam Jit
12:05 Ranjith : wish him speedy recovery Jit ..
12:05 Ravi : wishes and prayers Jit
12:06 Jitender : _/\_ guys
12:06 Sunil : Jit: Is he under home isloation ?
12:06 Sumeet : god bless, Jit. didnt hear fromy ou since morning so thoughy ou must be awauy // busy.. prayers to him and your family
12:07 Jitender : ys Sunil
12:07 Jitender : _/\_ S & S
12:08 Sunil : Hope he makes a full recovery soon .
12:08 Sanjib : Now at 90 (11:46) Uttam : combo is at 96
12:08 MJ : vwap decider?
12:09 MJ : bnf?
12:10 Ankush Jain : looks like 14900 ce/pe guys playing it out for now
12:12 Shai : Prayers for your Brother and family Jit for a spedy recovery.
12:13 Yash : hope he recovers soon
12:13 Jitender : _/\_
12:13 MJ : Take care Jit. /\ in our prayers.
12:13 Ankush Jain : the situation as on ground is entirley different from the numbers being thrown at us
12:13 Shai : 14947- 14860 range of trade . add 5 points either side
12:13 Shai : It’s 40X but no one will confirm that- (12:13) Ankush Jain: the situation as on ground is entirley different from the numbers being thrown at us
12:13 MJ : bnf going for B sinles?
12:13 MJ : singles.
12:14 Surya ganti : we arent testing asymptomatic people anyways.. they can spread the virus, yet not be sick
12:14 Surya ganti : that’s a huge majority
12:14 Ankush Jain : prayers for all
12:14 Shai : was 20X last year based on reports of an unofficial sero survey in major cities
12:14 Surya ganti : +1
12:16 Govind : am watching this level now; when it broke earlier gave close to 100 points and is resisting. 10:27 Govind : 14914.95 was a 3300 LLT from April 16th…price has been around it
12:16 Govind : resistig now*
12:16 MJ : 733 bnf those greens watching.
12:17 Sanjib : poised for a Neutral Day?
12:18 Ravi : so far no volumes to suggest that and also VWAP still holding
12:18 Favas : take care jit
12:20 Uttam : wishing him a speedy recovery Jit _/\_ – (12:04) Jitender : under obs Sanjib..fingers crossed..tx fr askn
12:21 Milind : Take Care, Jit ! Our preyers are wiith you and your family !
12:22 Milind : Prayers *
12:22 Vishnu : all will be ok jit.take care
12:23 Jitender : _/\_ everyone
12:24 Milind : Suddenly eveything seems to have quitened down
12:26 Rohit : Jit, Rab Rakha. Healing wishes for your brother. After the 9-10th day the risk reduces significantly and recovery is slow but steady.
12:27 Milind : Agreed, Rohit. I am told that period between 8-12 days needed to be watched out.
12:28 Ankush Jain : its a silence after the storm or before the impending one
12:29 MJ : yest G changed things.
12:31 Uttam : this combo now down to 86 – (11:46) Uttam : 14900 combo chosen by writers Shai?(11:46) Uttam : big vols in both just now(11:46) Uttam : combo is at 96
12:32 Sanjib : both profile need some reapir
12:32 Sanjib : *repair
12:32 MJ : 720-33 bnf needs to give way.
12:35 Sadees : 162 seller in 11:55 candle.. and 135 seller in last candle.. they held BNF and gave VWAP again
12:35 Govind : @Shai, can we have a small box somewhere that captures the cumulative COT please? Would be helpful IMO. THanks
12:36 MJ : there are 2-3 greens in 720-30 zone who reversed it too S.
12:36 MJ : So fight.
12:36 Sandesh : Kamat exit hogaya kya?@shai 🙂
12:36 Sadees : oh ok MJ.. hope 33600 gates open for good in G..
12:36 Jitender : tx Rohit
12:37 MJ : Yes 33600 immediate ref on downside. 700-730 upside.
12:43 Rahul : jit, tkcr n healing prayers for fast n healthy recovery for your brother.
12:43 MJ : nf wondering what to do at IBL?
12:44 MJ : chalu!
12:44 Ranjith : MJ
12:45 Arjun : good RS at VWAP in both ?
12:45 MJ : Yes Ranjith?
12:46 Ranjith : No MJ i thought 730 cpould cross it again got rejected partial msg was sent . 🙂
12:46 Sadees : RS to be followed by IS? 😉
12:46 Arjun : yes . IS missing 🙁
12:46 Rajiv Ohri : anyone for 14870?
12:47 Mayur P : GoTo isnt working for me. Anybody having this prob?
12:47 MJ : yes, R that 730 needs to be taken with vols.
12:48 MJ : else will keep rotations downside on.
12:48 Ranjith : okies
12:48 Uttam : working fine for me – (12:47) Mayur P: GoTo isnt working for me. Anybody having this prob?
12:48 Ankush Jain : 14900 ce/pe down to 83
12:49 Uttam : +1
12:49 Ranjith : goto working fine
12:49 Uttam : dabate raho
12:49 Uttam : lets see till where that combo goes
12:49 Prashant : Shai, please see. Also great if small space allocated for a line plot of the same. Thanks.(12:35) Govind : @Shai, can we have a small box somewhere that captures the cumulative COT please? Would be helpful IMO. THanks
12:49 Sandesh : (12:49) Uttam : dabate raho>>>> kya?
12:49 MJ : jebaat.
12:50 Uttam : premium of that combo – (12:49) Sandesh : (12:49) Uttam : dabate raho>>>> kya?
12:51 Sandesh : lol
12:51 Mayur P : Thanks guys. Working fine on browser now. some issue with app (12:49) Ranjith : goto working fine
12:51 Sanjib : some repair job underway it appears(12:32) Sanjib : both profile need some reapir(12:32) Sanjib : *repair
12:52 MJ : +1 sanjib wanted the same (12:13) MJ : bnf going for B sinles?(12:13) MJ : singles.
12:52 Shai : +1- (12:49) Prashant : Shai, please see. Also great if small space allocated for a line plot of the same. Thanks.(12:35) Govind : @Shai, can we have a small box somewhere that captures the cumulative COT please? Would be helpful IMO. THanks
12:53 Shai : Cumulative COT for day will distort the pic as traders keep closing positions and we may not get an accurate assessment
12:53 Shai : My research has shown that COT has predictable nature for the ;last 30 mins only
12:54 Shai : Anything more and it loses its meaning as OF had old business and new business mixing
12:54 MJ : Coz that COT is build by all time frame traders?
12:54 Shai : 14947 ref level remains
12:55 Shai : yes @MJ
12:55 Shai : 70% vol is by intra
12:55 Sanjib : 80 (12:49) Uttam : lets see till where that combo goes
12:56 MJ : Thought so, so some days on trend day the COT keeps showing red/green. But we get price in opp direction.
12:56 Ankush Jain : Shai come Sept, intra volumes will be affected?
12:56 Shai : no, not by much
12:56 Shai : everyone does sperads anyways
12:56 Shai : naked writing is over
12:56 Surya ganti : and lot size has reduced… so volume might remain high
12:56 Shai : hence also that OI is meaning less to track
12:57 MJ : 737 -880 on that ref (12:32) MJ : 720-33 bnf needs to give way.(12:47) MJ : yes, R that 730 needs to be taken with vols.
12:57 Ankush Jain : on expiry days far away options keep trading at some price for quite long
12:58 Gopi : UP full lockdown till may 4
12:58 Gopi : even telangana will announce soon
12:58 MJ : chief bnf has more?
12:58 MJ : upside?
12:59 Gopi : bnf top 304 contracs
13:00 Shai : 33760 supp 0’s BNF
13:01 Ankush Jain : Bajaj twins are again on fire today
13:01 MJ : DOP bnf to watch
13:02 MJ : yes ankush.
13:02 MJ : on a roll.
13:02 MJ : Love trading that stock.
13:02 MJ : but swings.
13:02 MJ : Shai last year bajaj twins nostalgia happening 🙂
13:03 Shai : Buy 14800 ce abv 154 sl of 122 tgt 210
13:04 Ankush Jain : in
13:05 MJ : prasadi served both sides today (10:11) MJ : possible of being a 2 way day Chief
13:06 Shai : +1
13:07 MJ : +140 (11:05) MJ : Let’s see pday G period guys can hold it or nope.
13:07 MJ : extension handle before expiry if not taken out means the buyer/seller of that extension zone is active. Can give sweet trades.
13:08 MJ : baba you get your 34k almost. +1
13:08 Ankush Jain : big red dot
13:09 Shai : exit the 14800 ce
13:09 Shai : not managing 14947 well\
13:09 Ankush Jain : red band comes
13:09 Surya ganti : shorted and got stopped.. now long and got stopped 😀
13:09 MJ : yes chief.
13:10 KK : lets go , B sellers on
13:10 KK : take it back
13:10 Govind : same lot size in both series, that seller
13:11 Uttam : now at 70 this combo – (11:46) Uttam : 14900 combo chosen by writers Shai?(11:46) Uttam : big vols in both just now(11:46) Uttam : combo is at 96
13:11 Mayur P : both on sell side? (13:10) Govind : same lot size in both series, that seller
13:11 MJ : all shaked out now?
13:11 Ankush Jain : 67 now UG
13:11 Uttam : 🙂
13:11 Uttam : 96-69
13:11 Rajiv Ohri : Chief below 885 – 14800?
13:12 Ankush Jain : this swing takes out few SLs
13:12 Sagar : UG 😛
13:12 Arul : thats 250 points candlee in bn
13:15 Mayur P : Where is Tej and Kush?
13:15 Uttam : K is in home quarantine recoveirng and fine he posted on slack yesterday
13:15 Uttam : Tej we need to ping & check
13:15 Mayur P : Ok
13:16 MJ : 730 boarded again.
13:17 MJ : 845 part out.
13:17 Mayur P : Milking it nicely now the writers. option buyers should come in only when they are done? (13:11) Uttam : 96-69
13:19 MJ : bossman bnf SC trigger if any can be at
13:19 MJ : ?
13:19 KK : 2 pm would be nice CE sell, if B high not crossed, or even 1 30.
13:20 MJ : the dip managed ibl in nf nicely.
13:20 Surya ganti : back to NF ref of 947
13:20 MJ : howdy to them?
13:20 MJ : Above them is DOP nf.
13:21 Ankush Jain : 15000 ce OI has started to dip
13:24 Tejpreet : Tks Uttam for the ping…..(13:15) Uttam : Tej we need to ping & check
13:25 Tejpreet : All ok guys just working with limited resources ….should be back by Monday.Stay safe.
13:26 Uttam : super Tej +100
13:26 MJ : there are 2 hrs still left in the day
13:26 MJ : wow
13:27 MJ : Chief big rolls may, Zone if any?
13:30 KK : take that 900 CE above 71
13:31 Surya ganti : 947 again
13:31 Muralidhar Kaja : @Shai NF Long above 14953?
13:31 Prashant : Open and B ext holding in nf.
13:31 Govind : bidders need to show some f/u here at 14948
13:35 Govind : 14930 to 945 is the battle zone now…needs to resolve
13:36 MJ : +1
13:38 Ranjith : MJ 799 green in BNF ref point for rest of day right??
13:39 Yash : BNF prem for pe are low, sud have in radar!
13:39 Ranjith : transition line laso ther
13:39 Yash : looking at 34k pe!
13:39 MJ : Ranjith, which ones are you talking?
13:39 Ranjith : in 12.50 bar
13:41 Surya ganti : 191 flag?
13:41 MJ : yes Ranjith.
13:42 MJ : 0s that shai had mentioned
13:43 Ranjith : yes near by
13:43 Ranjith : thank mj
13:45 MJ : low vol vwap thud.
13:45 Vishnu : shai will we expire here or else any move u expecting in K period?
13:45 Favas : bnf ref?
13:46 Shai : Not clean yet- (13:45) Vishnu : shai will we expire here or else any move u expecting in K period?
13:46 Shai : stay with 14860- 14950 for trigger
13:47 Shai : (11:45) Shai : 14860 holding(11:45) Shai : Auction got mixed again(12:13) Shai : 14947- 14860 range of trade . add 5 points either side
13:47 Shai : tried to buy one break abv 14950 but it failed
13:48 Shai : we make new day highs or new day lows if those levels go
13:48 Sandesh : +1 sir
13:48 MJ : Or bell and gobble 900 combo?
13:48 Ankush Jain : something will surely break
13:49 MJ : It is like exit polls of Maha. All results possible.
13:49 Ankush Jain : Today we have exit polls?
13:50 Ankush Jain : results on Sunday
13:51 MJ : chief what picture perfect bounce from blue transition line right now in bnf.
13:52 MJ : touched and reversed. to the T.
13:52 MJ : no nakhra.
13:56 Uttam : that 14900combo headed to sub 60 levels?
13:57 Ankush Jain : 67-68 now
14:02 Ashwin : sold those ce @KK?
14:03 Ankush Jain : PEs starting to unwind
14:03 KK : yes..keep booking and go lower
14:04 MJ : that 930 950 battle zone gave good Gov++
14:04 Ankush Jain : 860 will give in?
14:05 Chandrashekhar : K in the making??
14:05 KK : in 900 PE from 21, hping for that 810
14:05 Yash : that bnf 34k pe 200 to 500 and still holding
14:05 KK : otherwise exit at 20
14:06 Yash : close below 440 in bnf I need
14:06 KK : it would always overshoot
14:06 MJ : nice trade KK. 900pe
14:06 Ranjith : thanks MJ that 0 broke gave me some points
14:07 MJ : cheers.
14:07 Mayur P : BNF for 33080 anyone?
14:07 Mayur P : @Shai ref for BNF?
14:07 MJ : to shai and VT for all this amazing setups.
14:07 MJ : +100
14:08 Ranjith : true that .. but i need lots of improvement though ..
14:09 MJ : Keep giving screen time.
14:09 Ranjith : MJ 33450 break can it take to lower lows
14:09 Surya ganti : today hurt a bit.. guess i shud sit out monthly expiries for a while 😀
14:09 Chandrashekhar : what wa sthat?
14:09 Swapnil : what the
14:09 Surya ganti : boom
14:09 Uttam : 54 – (13:56) Uttam : that 14900combo headed to sub 60 levels?
14:09 Surya ganti : low volume
14:09 Swapnil : low volume
14:09 MJ : 2 way auction. since morn. A minute late and you will be out.
14:10 KK : Sl taken at 29 in that PE
14:11 MJ : 0’s in 885-900 one.
14:11 MJ : zone*
14:11 MJ : UG aapne setting kia hai?
14:11 MJ : 🙂
14:11 MJ : 0 lega aap lagta hai on 900
14:12 KK : 33500 PE going to NIL
14:12 Surya ganti : fresh reds
14:13 Chandrashekhar : looks like 900 for close?
14:14 Ankush Jain : it looks like
14:14 Ankush Jain : but the last move can come
14:15 Uttam : chota trade in 14900pe from 29-36
14:15 Uttam : rejection at vwap
14:15 Yash : 33500 ce can be fun?
14:15 Chetan null : any open trade?
14:16 Uttam : can it go below 50 now? – (11:46) Uttam : 14900 combo chosen by writers Shai?(11:46) Uttam : big vols in both just now(11:46) Uttam : combo is at 96
14:17 KK : bnf ek upar ka swipe banta hai
14:17 Yash : 15k ce at 1cr oi
14:17 Himanshu : Marenha BC
14:19 Uttam : 14900 combo now at 50
14:20 Uttam : Tej entry level around 2:30 coming near
14:21 Surya ganti : vwap rejection ?
14:21 Uttam : no fllow through post that rejection
14:21 Uttam : balance forming
14:22 Sandeep Partham : any reference for BNF tomorrow pls
14:23 Prashant : bnf wanting up, nf dragging
14:23 Uttam : both can do a VAH trip if get above VWAP
14:24 Shai : 34130 morning sellers- (14:22) Sandeep Partham: any reference for BNF tomorrow pls
14:24 KK : 33500 190 to 285
14:25 Shai : 34228 May F value
14:26 Shai : Lots of action first 90 mins today
14:26 Shai : All the dismanthling happened then
14:26 Ankush Jain : writers after that in play
14:26 Anand : any open trades chief ?
14:27 Shai : yes writers now
14:28 Ankush Jain : 14900 combo<50
14:28 Ankush Jain : so 14860-14950 range may hold
14:28 Uttam : into the last 60 mins
14:29 Ankush Jain : Nf wanting to close at vwap?
14:30 KK : UG, bnf ko push do upar
14:30 Uttam : 14900 combo had been halved from 96 now near 48
14:30 Ankush Jain : better half has gone
14:31 Uttam : 🙂
14:31 Ankush Jain : other half left
14:36 Shai : random in a range, nothing open- (14:26) Anand : any open trades chief ?
14:36 Shai : 14860- 950
14:36 Swapnil : 14900 CE small scare?
14:36 Shai : All who shorted the pair with the morning volatility are indeed brave- (14:30) Uttam : 14900 combo had been halved from 96 now near 48
14:37 MJ : ispat andkosh.
14:37 MJ : +100 chief.
14:37 KK : 900 CE ka bhavishya batayein
14:37 MJ : shuniya?
14:40 Gopi : whats runnng in next month F @shai
14:40 KK : I meant for BNF
14:41 Shai : 82 they entered the pair- (14:36) Shai : All who shorted the pair with the morning volatility are indeed brave- (14:30) Uttam : 14900 combo had been halved from 96 now near 48
14:41 Shai : https://mplite.vtrender.com/?symbol=O_NIFTY14900PE20210429_NIFTY14900CE20210429&tf=daily&tpo=0.5&isComposite=0&ivp=0&sp=1&startDate=&endDate=&nDays=8
14:41 Shai : somehwre around 12.30
14:42 Shai : K done
14:43 Prashant : inside bar
14:43 KK : 32800 PE bhi 0 kya ?
14:44 MJ : if you manage 780 then ..
14:45 MJ : but it has been bouncing from that 740 laxman rekha.
14:45 KK : 33800 CE entry 50, le jayeeye jahan bhi
14:45 MJ : 33700 got froze
14:45 MJ : on zerodha.
14:46 MJ : ce
14:48 Ankush Jain : looks like 14900 will take it
14:48 KK : if 900 CE goes above 37, mushkil
14:51 Yash : bnf above 840 can be good for ces
14:52 Chandrashekhar : PDH holding well in both
14:54 Shai : Buy 14900 pe afor 46
14:55 Surya ganti : SL?
14:55 Shai : that sped
14:55 Surya ganti : lol
14:55 Shai : sl of 3
14:56 Tina : MAY NF BNF OF link plz
14:58 MJ : dpoc 902
14:58 Muralidhar Kaja : @Shai is 46 the target?
14:58 MJ : I am done with today.
14:59 MJ : Have a fab May series guys.
14:59 Shai : last chance that PE
15:00 MJ : 900 they have eaten and how. its staying here imho.
15:01 Rajiv Ohri : Break it boys!!
15:01 Rajiv Ohri : let get to 46+
15:01 MJ : 🙂
15:01 Surya ganti : closer to SL now
15:03 Shai : hold
15:03 Ankush Jain : bought at 4
15:04 Shai : excit at 14
15:04 Shai : It was 13 when I started typing the sentence shot to 33. and came down
15:05 Shai : even I could not exit
15:05 Ankush Jain : 🙂
15:05 Surya ganti : ouch
15:05 Shai : put exit at 13
15:11 MJ : chief can push May OF? if everyone is done with April?
15:11 Uttam : into single digits now this combo – (11:46) Uttam : 14900 combo chosen by writers Shai?(11:46) Uttam : big vols in both just now(11:46) Uttam : combo is at 96
15:11 Swapnil : No MJ, we are in 14900 PE
15:11 MJ : Sure.
15:11 Swapnil : 🙂
15:13 Prashant : mj is like the guy who finishes the paper while we are still wondering whats happening.
15:13 Shai : close the PE
15:13 Shai : window is closed now
15:13 MJ : dpoc 902
15:13 MJ : woudn't give away after all the hardwork.
15:13 MJ : Lol P 🙂
15:13 Surya ganti : same prashant 😀
15:14 Uttam : 96 to 6 what a day for those 14900 combo guys
15:14 Surya ganti : im still scratching my head
15:14 MJ : At 1415 they threw more vols at 900 if you saw.
15:15 Rajesh G : tday exit poll, any idea?
15:15 Prashant : yes, 14.9 just too good.
15:16 Shai : NF upmove from 14150 is done
15:16 Shai : either we balance here or starty going down next week
15:16 Shai : 15175 SL for the view
15:17 Shai : 14650 destination trade
15:17 Sanjiv : Shai: what's your view for the MAy series? thanks
15:18 Prashant : shai, what makes you say that upmove done? excess both above and below today..
15:18 Ashwin : i got in at 72 thanks to you UG! closed at 5
15:18 Sanjiv : Today eveing exit polls results are expecvted and likely to influence tomorrow morning open
15:19 Shai : ORR – (15:18) Prashant : shai, what makes you say that upmove done? excess both above and below today..
15:19 Shai : And first lower extenmsion today
15:20 Shai : in 5 sessions
15:20 Prashant : ok. Thanks for that..
15:21 Shai : in the time we helf that put the May F dropped 35 points
15:21 Mayur P : Shai for BNF?
15:21 Shai : just weird option expiry math kept the april, here at 14900
15:21 Shai : BNF 34200 ref
15:22 Ankush Jain : expiry maths did'nt let NF fall today?
15:23 Shai : yes that combo created the voil
15:24 Ashwin : great series! stay safe guys.
15:24 Ankush Jain : managed 1.5 DT. So not complaining
15:25 Shai : Hope all had a good series
15:25 Shai : was down and up
15:25 Uttam : May will be fun looks like
15:25 Ankush Jain : ek din baki April ka abhi
15:25 Uttam : 2 month balance
15:25 JayJ : do we have session today shai
15:25 Sag1 SAWANT : every series is fun with U all..
15:26 Ankush Jain : But with new series
15:26 MJ : Shai 895 may F was yest heavy vols.
15:26 MJ : Today we have at?
15:26 Shai : As long as we are green , the qunatum does not really matter
15:26 Uttam : +100
15:26 Ankush Jain : any brkout session today?
15:26 Shai : over the long term, we will have better accounts
15:26 Rajesh G : yes shai
15:26 Shai : we pushed our breakoput session to next thurs
15:26 Rajesh G : +100
15:26 Surya ganti : hoping for that in the lkong term
15:26 Uttam : +1
15:27 JayJ : ok thanks take care
15:27 Shai : A lot of our members and family are covid affected
15:27 Shai : All should be good next week , finger crossed
15:27 Uttam : Amen
15:27 Surya ganti : +100.. take care .. amen
15:27 Sanjiv : +100
15:27 Shai : we do a breakout next thursday on full strength
15:27 Rohit : +1
15:28 Surya ganti : and try getting vaccinated, front door, back door.. some door 😀
15:28 Shai : +1
15:28 Shai : tc all
15:28 Rajesh G : shai can we have DPOC as next BO topic
15:28 Shai : have a lovely evening . Stay well and safe
15:28 Shai : dpoc?
15:28 Shai : will do
15:29 Rajesh G : thanks
15:30 Uttam : thanks All 🙂 and have a lovely evening