Order Flow charts dated 03rd July 2020

The key to using Order Flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The Order Flow is like a list of trades and helps to know how other traders are placed in the market.

Vtrender helps you to stay on top of the Market by understanding Order Flow. This increases your flexibility, your data analysis capability and your winning trade signals. And you make your existing systems better.

NF

Vol Pic2 Nf 2 Order Flow Charts Dated 03Rd July 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic 2 Bnf 2 Order Flow Charts Dated 03Rd July 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

Room Chat

08:58 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/819584997
08:58 Chandrashekhar : GM all
08:58 Vtrender Live : 5 min charts of NF- https://join.me/400-649-000
08:59 Manikandan : Gm all
08:59 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
09:01 Bommareddy : Good Morning To All
09:01 Avinash : GM everyone
09:01 Giridhar Gowravajhal : GM all !!!
09:01 Aditya : Good Morning All
09:02 Rajesh G : gm all
09:02 Nagaraj : Goodmorning all
09:03 Shai : GM all
09:03 Shai : yesterday’s buy side imbalance at 10440- 10470 confirms the move we have seen abv 10310 last 2 days
09:03 Vyom : Gm all
09:03 Shai : going into today 10470 remains a supp and a dip buy zone
09:04 Shai : up ahead supply would still be at 10600 F and only a strong auction abv it can mean continuation next week
09:04 Shai : 10750 is the higher seller from March
09:05 Ankush Jain : 29th FA still valid?
09:05 Aditya : “Buy side imbalance at 10440-10470” – could you please elaborate Shai. Could not understand
09:06 Ankush Jain : can we test these levels in coming day or so?
09:06 Vyom : Shai 10600 F why this level important
09:07 Vishnu : @aditya we have seeen soe buy thr . he turned the game towards 10600 and 10440 fa point.
09:08 Aditya : @vishnu ok. Thanks vm
09:09 Shai : yesterday’s charts – big buyers- (09:05) Aditya : “Buy side imbalance at 10440-10470” – could you please elaborate Shai. Could not understand
09:09 Shai : of the same we saw 3 days back at 10180
09:09 Vishnu : +1
09:10 Vyom : thanks Vishnu.. 10440 i understood. 10600 F we didnt touch yesterday so how do we get that level. for understanding
09:11 Vishnu : shai said the mroning comments read it many times
09:12 Shai : 9th March prpofile – (09:10) Vyom : thanks Vishnu.. 10440 i understood. 10600 F we didnt touch yesterday so how do we get that level. for understanding
09:13 Shai : keep 9th March open guys in MP lite- will; be an importnat zone for the rest of the series if we auction those singles
09:13 Vyom : thanks Shai
09:13 Vishnu : we have singles from 10608-10838 9 th and 8th march
09:14 Tejpreet : GM All
09:14 Uttam : Good Morning All πŸ™‚
09:14 Sachith : good morning everyone… happy trading
09:14 Manish : Gm All, πŸ™‚
09:18 Aditya : screen updating with quite a lag
09:18 Ankush Jain : yes
09:19 Tejpreet : Looks like Uttam hits bulls eye again PH repair done , O=H NF and now waiting for ORR confirmation πŸ™‚
09:19 Bhavesh : Gm to All
09:20 Vishnu : booked overnight ce 10550 and dt done
09:20 Manish : whats “dt done”?
09:21 Vyom : great Vishnu.. how did you decide on carrying calls?
09:22 Ankush Jain : charts are very sluggish today
09:22 Shai : 10550 supp for open
09:22 Vishnu : as per the fa point
09:22 Shai : charts fine for everyone?
09:22 Vishnu : yes
09:23 Manish : ok for me
09:23 Ankush Jain : very laggy
09:23 Bhavesh : ok
09:23 Aditya : no charts are updating with quite a lag
09:23 Narendra : 1 min lag fr me
09:23 Manish : from next session, will have broadband too
09:23 Chandrashekhar : NF vol expansion happening Shai? speedometer @ 110
09:24 Chandrashekhar : 104 now
09:24 Kannan : charts lagging
09:25 Kannan : join me seems fine though
09:26 Manish : blank on charts
09:26 Manish : msg “No screen sharing at this time”
09:26 Manish : back again
09:27 Shai : just did a reset
09:27 Shai : open auction at top end of yesterday
09:27 Aditya : yeah looks ok now
09:27 Shai : 10550- 10610 to monitor a move out
09:28 Rajiv Ohri : BNF in the same mood as yesterday and NF no follow thru on IB
09:28 Rajiv Ohri : ORR coming?
09:29 Uttam : lets see if we get some increase in vols in this 15min bar
09:29 Uttam : low volume starr
09:30 Shai : 120 a safer bet- (09:23) Chandrashekhar : NF vol expansion happening Shai? speedometer @ 110
09:30 Chandrashekhar : thanks Shai
09:30 Uttam : auction wants to test those morning 0s in both?
09:31 Ankush Jain : we get speedometer only on full charts?
09:31 Uttam : yes on the joinme & zoom links
09:31 Manish : is the IB on the first NF candle correct> IB on a red candle?
09:32 Uttam : first 5min bar to be ignored
09:32 Manish : ok
09:32 Uttam : 0s in BNF
09:34 KK : 22200 PE from 540 to 611 booked, 10600 PE from 131 to 142
09:34 KK : let 10550 play support now.banks have negative bias though from yesterday, so unless they cross 22280, BNF would be sell on rise, UG, just asking to validate this ?
09:37 Ankush Jain : now I understand the logic behing yesterday’s strangle of 10700 ce & 10400 pe
09:37 Himanshu : dT done
09:37 Ankush Jain : the imbalances at 10660 & 10440 zones
09:38 Ankush Jain : @Shai, is it correct sir?
09:38 Himanshu : Library reading .. Chief’s comment Zero at Top
09:39 Uttam : break of 10550 can got more liquidation
09:39 Himanshu : Speedometer said it ,,
09:39 Manish : whats “dT done”?
09:40 Himanshu : Daily Target of Profit or Loss –
09:40 Himanshu : % Of Capital Employed
09:40 Manish : am so dumb.
09:40 Himanshu : The Term for now you should ignore .. for now
09:40 Manish : ok Him. TY!
09:40 Himanshu : Only Learn set up every day from Lib and Do post market Analysys
09:41 Himanshu : WHich Day type it played today – Where supply came ( from OF Chart)
09:41 Himanshu : Where buying Came (From OF Chart)
09:41 Himanshu : What are POCs formed today,, etc
09:42 Himanshu : So Feed your subconseous mind with – this levels, Set ups,
09:42 Aditya : Wouldnt yesterday’s POC at 10536 be a support?
09:42 Shai : Aha- I like that subsconcious ref πŸ™‚
09:43 KK : Himanshu plus One
09:43 Manish : thank you guys. keep them coming.
09:43 Himanshu : YEs Adi
09:43 Shai : No Sir, only Shai is enough, If you say Sir I ignore- (09:38) Ankush Jain: @Shai, is it correct sir?
09:43 Shai : BNF weak again off 22200
09:43 Vishnu : :))
09:44 Shai : 21760 to watch for any supp
09:44 Manish : NF broke support
09:44 Manish : ?
09:44 Ankush Jain : OK Shai
09:44 Shai : small slide lower off open – still no volume particpation but sellers attempting to control last 20 mins
09:50 Himanshu : Manish – When you see live chart of Room – Do you keep Side Pan of MP chart or not ?
09:50 Shai : Intra- Buy NF abv 10574 sl of 10550 tgt 10610/ 10630
09:50 Himanshu : Keep Eye on same..
09:50 Himanshu : See where it Opened Today ..
09:50 Vyom : Shai 10574 just above VWAP.. thats the logic? taking 10550 support and bouncing back?
09:51 Himanshu : NF opbed above Spike of Yday,,
09:51 Uttam : we got a 6ok buyer guys
09:51 Himanshu : Sellers tried in A –
09:51 Uttam : 10536 was a HVN
09:51 Uttam : so above VWAP more seller will start getting out
09:51 Uttam : chekc the hypos
09:51 Uttam : bearish hypo did not trigger
09:51 Himanshu : from VAH – we got buyers response,,
09:51 Uttam : no volumes for an ORR\
09:52 Uttam : first sign that no aggressive selling happening
09:52 Ankush Jain : how do we identift HVNs?
09:53 Uttam : by watching the MP chart
09:53 Himanshu : They are mentoned in MP chart
09:53 Uttam : MPlite shows you vols at ev ery price
09:53 Ankush Jain : tx
09:53 Himanshu : new Guys – Do keep MP chart open on side Pan
09:53 Himanshu : Its OCeran of Info there
09:53 Himanshu : If you keep only OF watch – its BayWATCH
09:53 Aditya : yes always MP chart is open on the side
09:54 Himanshu : See BIG HVN – 10475
09:54 Uttam : BNF looking weaker thoguh
09:54 Uttam : has moved away from yesterday prominent POC
09:54 Himanshu : BNF needs her master – Jit and BOP
09:55 Himanshu : BNF spot tired ..
09:55 Himanshu : Though Dis is mimimum today
09:55 Jitender : watch 810-780 zone]
09:55 Himanshu : but can expand to 100
09:55 Himanshu : YEs
09:55 Himanshu : Sir
09:55 Jitender : wed last PB
09:56 Jitender : 860 minor resis
09:57 Manish : Cheif, the level u gave for NF 10550 and now BNF, 21760. On the right here on 30 mins NF, there was an extended zone at 10555 to 10550 where the B/S volumes of the last hour candle of yest were 35 n 61. is that how u gave that level?
09:57 Himanshu : Manish – are you on telegram
09:57 Manish : yes.
09:58 Himanshu : Find me Himanshu Thakkar
09:58 Boppanna : +1 Jit
09:58 Manish : ok,
09:59 Uttam : BNF getting some greens at lows
09:59 Uttam : needs to get back above 21930
10:04 Rajesh : As of now…bias check…1.open singles,2 below.vwap yet to see RE….Looks negative…clear picture after RE?
10:06 KK : Support taken by BNF and move back up to VWAP..pls add that.
10:06 Manish : could just be a pullback KK
10:07 KK : 777 to 810, Jit has been harping upon that as a key area of support mostly during this week, when we took off..so as far as that holds.
10:07 Manish : it could just peak above vwap and slide back?
10:07 KK : +1 on that also
10:07 KK : I am just saying there was another trade in between from support to VWAP
10:07 KK : anyways, ignore if this is confusing
10:08 Shai : +1- (10:04) Rajesh : As of now…bias check…1.open singles,2 below.vwap yet to see RE….Looks negative…clear picture after RE?
10:08 Shai : we go with RE as conf
10:08 Shai : or abv vwap to buy
10:08 Aditya : Shai, screen frozen again
10:08 Rajesh : thanks shai
10:09 Manish : yes, freeze
10:09 Manish : resetting?
10:09 Manish : 5
10:10 Manish : the 30 mins goto charts are so clean. i was them first time today
10:12 Manish : Shai, my 9:57 query please. Else i will have to call u “Sir”.
10:16 Shai : These are all OF based levels derived from prev bars uptop 5 days old- (09:57) Manish : Cheif, the level u gave for NF 10550 and now BNF, 21760. On the right here on 30 mins NF, there was an extended zone at 10555 to 10550 where the B/S volumes of the last hour candle of yest were 35 n 61. is that how u gave that level?
10:16 Uttam : C side coming doen in both?
10:16 Uttam : rejection at vwap
10:16 Uttam : those buyers at lows could be in trouble
10:17 Shai : Ref zones would mean a wait to see if control changes or an LLT or other volume shows
10:18 Tejpreet : dt done with minimum effort
10:18 Shai : Avoid this long now- (09:50) Shai : Intra- Buy NF abv 10574 sl of 10550 tgt 10610/ 10630
10:18 Uttam : lovely Tej
10:18 Shai : yes- (09:50) Vyom : Shai 10574 just above VWAP.. thats the logic? taking 10550 support and bouncing back?
10:18 Boppanna : +1 Tej
10:19 Shai : Bias rules were posted by Rajesh a few rows back
10:19 Aditya : today’s open is ORR?
10:19 Shai : we wait out an extension now
10:19 Tejpreet : tks guys …refer my 9.19 message ….aprt from vol everthing was set .
10:19 Seshadri : dpoc moved down from 10580 to 10560
10:20 Shai : +1
10:21 Manish : Hypo : if BNF bounces up, it would meet resistance at 22090/22100
10:22 Jitender : +1 Tej
10:25 Uttam : looks like upsdie filling now in both
10:25 Avinash : +1 H & Tej
10:28 Aditya : What does the large pink dot signify?
10:28 Uttam : relatively bigger seller
10:28 Uttam : 60k red you got there
10:28 Aditya : yup
10:29 MJ : UG 930 cross please.
10:29 MJ : Aaah
10:29 MJ : πŸ˜€
10:29 Sreedhar : guys i see a small point in the white vertical line between Val and Vah , what is it .. MP chart
10:29 Chandrashekhar : Awesome MJ
10:29 Chandrashekhar : 930 poocha, 967 aa gaya
10:30 MJ : All Ug’s nos.
10:30 Tejpreet : Tks Jit and Avinash
10:31 Shai : +1 Tej
10:32 Tejpreet : Tks Chief
10:32 Uttam : 10580 is the A period IS today
10:32 Uttam : stalling there right niw
10:32 Shai : Early signs of a balance visible
10:32 Shai : had mentioned this at close yesterday
10:32 Tejpreet : +1
10:32 Uttam : +1
10:32 MJ : That 13k greens looks like a vwap swipe.
10:33 Manish : How does this work guys? MJ, from across the ocean, asks for a push and within the next min, his wish is granted. ???
10:33 Shai : bounce off 21772 lows- (09:44) Shai : 21760 to watch for any supp
10:34 Shai : still this rtange though NF went 8 below for 2 mins- (09:27) Shai : 10550- 10610 to monitor a move out
10:34 MJ : Manish 2+ years of tape gazing. Still learning.
10:35 MJ : Yet to do 10k hrs in the room.
10:35 Shai : the phones are made to areas around Virgin islands and Mauritius and they are told to press the buttons when boss signals -(10:33) Manish : How does this work guys? MJ, from across the ocean, asks for a push and within the next min, his wish is granted. ???
10:35 Shai : πŸ™‚
10:35 Uttam : πŸ™‚ lol
10:36 Tejpreet : lol
10:36 Govind : πŸ™‚
10:36 Uttam : the calls are made first and then MJ types it over here
10:36 MJ : haha Shai.
10:36 Ketan : ha ha ha Shai
10:36 Manish : can i get to you, on slack or somewhere else, so u can tell me “what u gazed here”?
10:36 Jitender : lol
10:36 MJ : From OF context: You see 1015 candle 11k reds. That was a trapped 1015 candle.
10:37 Manish : anyone in this room from BVI or Mau?
10:37 Govind : MJ, please let Manish know why you took that trade man….stuck reds I presume
10:37 Uttam : MJ also on telegram Manish you can serch him too
10:37 MJ : Yes Gov.
10:37 MJ : 11k reds. Crosses jit’s 860
10:37 Aditya : Most trades are placed out of HK/Sin/Lon
10:37 Manish : Taht for me MJ?
10:37 Manish : That *
10:38 MJ : @yes manish check that 1015 bnf candle.
10:38 Jitender : sumone in blue (who actually has a green connection) is online tere (10:37) Manish : anyone in this room from BVI or Mau?
10:38 Manish : OK TY
10:39 Jitender : Manish..w r u from ie city ?
10:40 Manish : Thanks UT. I will. There’s a lot of learning, practise and reviewing. So much work, so less time. Aaaahhhhhh.
10:41 Manish : am from the city of Nawabs, Lucknow.
10:41 Manish : anyone else from here?
10:41 MJ : once UG posts OF everyday. Just sit with those images. Risnse repeat the process of finding RB RS IB IS.
10:42 MJ : Keep those rules handy. Go candle by candle.
10:42 Uttam : C is done so lets get a move on in D
10:42 Jitender : oh…m alo orignally from lko….
10:42 Jitender : wich schhol?
10:42 Jitender : school
10:42 Manish : yes MJ, that i have been doing since last 2 days.
10:43 Govind : UG, BNF forming a base here at vwap?
10:44 Uttam : BNF from ‘b’ to bell coming?
10:44 MJ : Complete this candle with IB @Gov πŸ™‚
10:44 Uttam : another move back anove 21930 could initiate the 80% in yesterdays small vaue
10:44 Uttam : Value
10:44 Uttam : that 13k green stalled the first attempt
10:45 Uttam : this time we should be good to go
10:46 Manish : Jit, am just born here and studied till 6th here. Presently at home here as my family needs me. My schooling after 6th, collegeducation and work has been from Chennai, Pune, Hyderabad majorly and couple short stints elsewhere. A short 2 months stint in Guanzho, China too.
10:46 Kannan : Chennai yay!
10:47 Manish : Vannakam Anna. epdi irrekey?
10:47 Vineeth : manish ..chennai…nice…
10:47 Kannan : nalla irukken!
10:47 Jitender : Good Luck Manish….+1
10:47 Manish : Thanks Jit.
10:48 Uttam : come on BNF
10:48 Uttam : lets go
10:48 Jitender : just one piece od advice…u will survive in tradn once u get a hang of what mkt does, get confused often, regroup n develop yr oen system…..and ten put money out tere
10:49 Jitender : *own
10:49 Uttam : (10:25) Uttam : looks like upsdie filling now in both
10:49 Jitender : VT is a grt n open forum fr learning n sharing
10:50 Manish : Anyone from Lucknow? I have scape and infra to share. want to build long lasting partnership. Anyone interested, do let know. TY!
10:50 Manish : i have space *
10:52 Uttam : BNF A period singles being retained
10:52 Uttam : not a good sign for upside
10:52 MJ : 13k bugger.
10:52 MJ : still standing out.
10:52 Uttam : needs to get in to that tail fast
10:53 Rajesh G : Ug the volumes are not supporting
10:53 Uttam : volumes are low Rajesh
10:54 Rajesh : Which side of trail.. Looks to be a perfact down day…
10:54 Rajesh : bit slow through..
10:55 MJ : Fryday vibes building up.
10:55 Manish : Yes Jit. i must have done roughly 6k hours in the markets. have built Cross Currency Co-relation model / Bot in Fx. Have attended EPAT course on HFT trading from Quantinsti and have a HFT model in development. missing 2 data points to complete that model. Once done, will see what i can do with that.
10:57 Boppanna : For the new joinees my two cents like all have mentioned here before .. do ur hw before the market opens if OF is something new that you are exploring then ignore everthing and everyone else here on the chat other than Shai’s commentary and Jit’s keen obsvns that he shares… keep Uttam’s hypo as ur ref as to how they are reading the auction best place to learn is Uttam’s hypo ref and auction behavoiur around those zones find the setups that works for you and have a plan for each trade you take this comes only by spending time on the charts and market auction during and post market..if not it’ll be numbers and green boxes and red boxes
10:58 Ankit : bull’s eye Bops πŸ™‚
10:58 Ketan : nice bops !
10:58 Tejpreet : precious 2 cents Bops !!
10:58 Uttam : Bops please give some attention to BNF too now πŸ˜‰
10:58 Uttam : it needs your help
10:58 Favas : +1bops
10:58 Uttam : in going up
10:59 Rajesh G : that spedometer needs to go up
11:01 Ankush Jain : its going to be a sluggish day
11:01 Ankush Jain : too much speed in prev days
11:02 Rajesh G : even D has not gone outside C
11:02 Boppanna : 1 trade so far Uttam on ur hypo 920 to 860 in IB..and Friday morning slugishness with 760 Shai;s ref holding and 22000 ur hypo is the next trigger else morning session filling the lower half of yesterday’s profile
11:03 Uttam : above 21940 can do 22080
11:03 Uttam : 22000 is that prominent POC
11:04 Boppanna : +1 22000 can give a quick 80 there
11:04 Uttam : so can get magnetic for the day as no sellers to drive ot lower so far
11:05 Uttam : else get some reds and let go to 21720-649
11:06 Uttam : D had 8 more mins to decide
11:08 MJ : 10:32 shai comment playing out.
11:09 Uttam : RE coming
11:09 Tejpreet : aane do
11:11 Shai : Intra – Buy NF 10555 sl of 10533 tgt 10595
11:12 Shai : Trade small size- 50% as auction is open
11:15 Uttam : 13k green stalleed the move up in BNF & now looks like 16k red stopping the move down?
11:16 Uttam : day of stuck players
11:16 Uttam : locals
11:16 MJ : coffee and sandwich day.
11:18 Rajesh : Shai – Triggers for this buy..
11:19 Rajesh G : is it the ledge
11:19 Rajesh G : shai
11:21 Neeraj null : any call open guys… I am late today
11:22 Rajesh G : yes nuy call at 555
11:22 Rajesh G : buy
11:23 Govind : Rajesh, dval in NF protected for now and also PD close there and not much supply seen. So, an aggressive trade for today’s high….boundary to boundary on a rangebound day
11:24 Rajesh G : thanks gov
11:24 Shai : ranged auction view from open- (11:18) Rajesh : Shai – Triggers for this buy..
11:24 Shai : +1- (11:23) Govind : Rajesh, dval in NF protected for now and also PD close there and not much supply seen. So, an aggressive trade for today’s high….boundary to boundary on a rangebound day
11:26 MJ : Truckdriver trades I call in my lingo. DVal dvah. Rotation days.
11:30 Shai : NF 10572 book 3/4th – (11:11) Shai : Intra – Buy NF 10555 sl of 10533 tgt 10595
11:30 Shai : stay only with minor post with sl at 10555
11:31 Tejpreet : +1 …first buy side trade for me since morning
11:31 Shai : Hust to fill all in – 18 points is a normal rotation in an open auction, 36 is high
11:32 Shai : just*
11:33 MJ : 16k reds pointed by ug are out above vwap. in bnf.
11:40 Shai : book full 10580- (11:11) Shai : Intra – Buy NF 10555 sl of 10533 tgt 10595
11:42 Boppanna : Nice trade Shai
11:43 Shai : +1
11:43 Shai : still biased up
11:43 Shai : not a lot of selling visible today
11:44 Chandrashekhar : @Shai, Join me link for NF seems frozen
11:44 Boppanna : BNF boom boom Uttam?
11:44 Shai : we can see 10630 on this new green
11:46 Sachith : thanks shai, jit for that bnf support level … good trade
11:47 Jitender : +1
11:47 Munish : good trade shaiji
11:48 Uttam : we need to go to 22081 BNF
11:48 Uttam : confused and stopped ast 22018 πŸ˜‰
11:49 Boppanna : lol Uttam
11:49 Uttam : je baat
11:49 Uttam : 80% happening
11:51 MJ : 133k reds nf.
11:52 MJ : but rs so far. So profit booking?
11:53 Boppanna : Nice volumes in BNF Uttam
11:53 Uttam : yes Bops last 15mins some rise seen
12:01 Uttam : 22020 RS forming so fight on here
12:02 Shai : Avoid this now- we buy a dip- (11:44) Shai : we can see 10630 on this new green
12:02 Shai : RS +pink band is profit booking
12:03 Uttam : 1.3L red plus 0 at top
12:03 Ankush Jain : 10600 looks challenging for now
12:04 Seshadri : thanks shai
12:04 Ankush Jain : pink band denotes large seller domination?
12:07 Uttam : seller imbalance
12:07 Boppanna : Pink and green bands are used to seller and buyer imbalance
12:07 Boppanna : *denote
12:09 Boppanna : The number within the band are to be looked as well as a measure of the same
12:10 Shai : G in 3 mins
12:10 Shai : 10370 imp supp now
12:10 Uttam : 10570
12:10 Ankush Jain : 1.3 lk is a big number?
12:11 Uttam : want higher high in G Shai
12:15 Boppanna : yes Ankush scroll up Shai’s 12:02 comment
12:15 Ankush Jain : F took out IBH and retraced bak. If market retraces and ends lower, we will call it FA at 10605??
12:17 Boppanna : It should test vwap and then go below IBL for an FA
12:17 Shai : yes- (12:10) Ankush Jain: 1.3 lk is a big number?
12:17 Shai : G begins
12:18 Shai : expecting open auction again to set the pace for close
12:18 Shai : range for G should be 10570- 10630 to reset that seller
12:19 Shai : can buy as close as poss to 10575-580 with 10 point stop
12:19 Uttam : come on BNF get that 22080
12:20 Nirmal : shai sir where do u see 1.3 lakh
12:20 Uttam : 5 min OF
12:20 Aditya : @Nirmal 1150 candle bar
12:21 Nirmal : webinator or zoom or joinme
12:21 Nirmal : webinato me nahi dikh raha hai
12:21 Aditya : check on Join Me
12:21 Tejpreet : Uttam 57 IB on Fryday…need to keep the bot charged up.
12:21 Nirmal : 11.55 me it is hideen
12:22 Nirmal : how to unhide
12:22 Nirmal : 1150 ne
12:22 Uttam : it was waiting for your directions Tej πŸ™‚
12:22 Nirmal : it is hidden now
12:22 Uttam : joine me has that bar
12:24 Tejpreet : Till 540 holds am in your camp uttam
12:24 Uttam : πŸ™‚
12:24 Nirmal : 56325 only is there prefix1 also
12:25 Nirmal : sorry i cant see ..can u guide me aditya
12:26 Nirmal : screen adjustment is there any way ..
12:26 Boppanna : Nirmal do u see a pink band?
12:27 Nirmal : bhai mujhe color blindness bhi hai
12:28 Nirmal : check image in random slack i posted
12:28 Nirmal : is it same ?
12:29 Uttam : yes
12:29 Nirmal : πŸ™‚
12:29 Nirmal : thoda feeble dikh raha hai mujhe ..zoom in does not work
12:30 Nirmal : but got it thanks uttam sir
12:30 Uttam : no sir please _/\_
12:30 Uttam : G makes new high
12:30 Nirmal : k
12:30 Uttam : 22064 BNF
12:31 Uttam : 47k green there
12:31 Nirmal : if someone knows how to scroll n see figure properly any best practices would be welcome
12:31 Nirmal : playing with screen would be nice .
12:31 Uttam : you can resize the room chart to fit your screen Nirmal
12:32 MJ : 47k greens bnf? Kai rey?
12:32 Nirmal : i m 100% when i zoom in ..that upside bar dont display
12:32 Ankit : Since its screen sharing nirmal… resolution is deemed to be compromised. may be when in future if you upgrade to $k monitor…that will get bettter. no other option brother
12:32 Ankit : 4K
12:33 Nirmal : but uttam sir 1.3 lac was seller there we were discussing its a buyer /
12:33 Nirmal : it is on LHS
12:33 Nirmal : 1.33 lac seller 14700 buyers right ?
12:33 Ankit : moreover the idea of exact giure isnt that imp… but an idea of greater than 1 L itself is enough πŸ™‚
12:33 Sreedhar : uG BNF buy on dip?
12:33 Nirmal : agree
12:33 Nirmal : but 1.33 lac is seller
12:33 Ankit : πŸ™‚
12:33 Nirmal : and 14700 buyer
12:33 Ankit : yes
12:34 Vishnu : nirmal have u read wht shai said
12:34 Uttam : BNF completes the objective Sreedhar
12:34 Ankit : with double zero above it
12:34 Uttam : above 21940 was on for 22080
12:34 Ankit : makes it more potent
12:34 Uttam : high of 22064
12:34 Vishnu : we are in a range 10550-10630.
12:34 Uttam : balance today
12:34 KK : 47 K green on top BNF
12:34 KK : enough to take to vwap ?
12:34 Amit Jain : MJ you fav setup 47k at top:)
12:34 Uttam : see the profile
12:34 Sreedhar : +1 UG
12:34 Sachith : bnf fryday possible?
12:35 Uttam : it has been case of stcuk players at both top & bottom in BNF
12:35 Ravi : can we short nifty here?
12:35 MJ : Done Amit πŸ™‚
12:35 MJ : 21700 pe out
12:35 Uttam : probable FA in NF at top
12:35 Uttam : but 10570 needs to be taken out first
12:35 Uttam : then the IBL
12:36 Vishnu : A songle taken out auction not seeing big buy or sell . he said on yesterday mostly we expect balance till today noon. and the balance going on. Also uttam said on yesterday that poor high repair that done today. as per me its NTZ and i will wait for confirmation
12:36 Tejpreet : and the fryday πŸ™‚
12:36 Nirmal : sorry i didnt get what shai sir said ..about 1.3 lakh seller volume
12:36 Ankit : lets do it uttam πŸ™‚ enough of one side
12:36 MJ : And now if UG gives FA probe. Fryday for sure.
12:36 Amit Jain : cong mj.
12:38 Govind : Profit booking, Nirmal.
12:38 Govind : 1.3L sell volume plus pink band
12:38 Vishnu : u are confused nirmal. u better stay in sideline and watch . its not neccessary to catch every move. its necessary only that we need t catch a good move.
12:38 Nirmal : okbcoz of huge seller make sense Govind , thanks biradar
12:39 Ankit : @nirmal what as per you would be an iinterpretation if market is moving in one direction and someone executes an order in opoosite direction with 1 L + nifty future qty ( calulate the amount in crores to feel the impact).
12:39 Nirmal : agree big impact
12:39 Ankit : it would be the same interpreattion by all of us πŸ™‚
12:39 Nirmal : what is pink band by the way ankit bhai
12:39 Vishnu : its seller imbalance
12:39 Vishnu : and green band buyer imblance
12:39 Nirmal : it means seller will imbalance this mkt
12:40 Nirmal : and make it down
12:40 Ankit : as uttam mentioned seller imabalnce….big difference between seller and corresponding buyer
12:40 Vishnu : that depends on his capability.
12:40 Nirmal : means if quantity is big it will have a big impact that is capability right ?
12:40 Ankit : when difference is in favour of seller… its pink and when buyer is potent… its green..simple
12:40 Nirmal : got it ..
12:41 Nirmal : thank you biradar log ..maza maa chu
12:41 Ankit : qty big compared to counterparty = imbalance pink green bands
12:41 Nirmal : πŸ™‚ yup biradar sabbash
12:41 Ankit : hope you arent abusing πŸ™‚
12:41 Nirmal : no way
12:41 MJ : Thanks @AmitJ
12:41 Ankit : wc πŸ™‚
12:41 Nirmal : i m loving u guys brolove..
12:41 Aditya : For a FA at top, price has to move below the IBL, right?
12:41 MJ : Ankit. Nice thoughts.
12:41 Uttam : yes
12:41 Uttam : Aditya
12:42 Govind : what does biradar mean?
12:42 Uttam : brother or friend
12:42 Nirmal : mumbai language ..Brother
12:42 Nirmal : Zanjeer..amitabh fan i m
12:42 Ankit : thanks MJ
12:43 MJ : 47k gets vwap.
12:43 MJ : now to focus on that 10775 reds.
12:43 Shai : G done
12:43 Nirmal : today forming so far like bell shaped normal day ?
12:44 Jitender : someone removed the strings :)(12:43) Shai : G done
12:44 Shai : exp 10550 again
12:44 Shai : lol Jit πŸ™‚
12:45 Amit N : πŸ™‚
12:45 Tejpreet : Jit i Think was Uttam πŸ™‚
12:45 Shai : Not expecting big exposes πŸ™‚
12:45 Jitender : 1.5x Tej πŸ™‚
12:46 Jitender : haha Shai
12:46 Tejpreet : wow same here congrats Jit
12:46 Jitender : tx n 2 u also bro
12:46 MJ : Congo Lads.
12:46 Vishnu : +1jit
12:46 Tejpreet : now need to sit tight as Shai said nothing much too see πŸ™‚
12:48 Jitender : tx guys
12:50 MJ : Euro hows it?
12:51 Avinash : +1 Jit n Tej
12:51 Tejpreet : tks guys
12:52 Ankush Jain : what is white solid line ?
12:52 Ankush Jain : at 10565
12:52 Tejpreet : Shai have you quit that combo you mentioned yesterday.
12:55 KK : bnf showing some buying at lows, doesn’t want to stay below 840
12:56 Shai : holding for 3 pm slide- (12:52) Tejpreet : Shai have you quit that combo you mentioned yesterday.
12:56 Shai : won’t acrry
12:57 Ankush Jain : no owrry to acrry
12:58 Shai : πŸ™‚
12:58 Shai : carry*
12:58 Ankush Jain : πŸ™‚
12:59 Tejpreet : hmm ok i tght you have exit so markets might do some imbalance πŸ™‚
12:59 Himanshu : HAHA
13:01 Shai : πŸ™‚
13:01 Shai : 10553 to watch prev imbalance buy side guy
13:01 Shai : he exited at 10604
13:01 Shai : if he does not add we may go lower
13:02 Tejpreet : +1
13:03 Uttam : yes RE down coming looksl ike
13:03 Uttam : Bops please do the needful
13:03 Uttam : it is your hammer time
13:04 Uttam : unless you giving a second Gaussian profile in BNF today
13:05 Uttam : one test of 21650-575 will be nice in BNF
13:05 Himanshu : Ek minute – LIC
13:06 Himanshu : Arey yaar –
13:06 Himanshu : They only know to buy ..
13:06 Boppanna : nothing in BNF on the upside still looks like Uttam still that 22K pivot just struggled for a 30 pt above 22000 after being stopped out once
13:09 Shai : This balance means we close out on the upmove seen last 3 days
13:10 Shai : on the downside a retest of 10410 has opened and as has 10300
13:10 Uttam : so BNF also on for 21500 Shai?
13:10 Shai : tighten up on stradldles and starngles as imbalance can come into close on fryday
13:10 Ankush Jain : this is not a FRYday but a DRYday, with NF rangebound
13:10 Shai : yes BNF can do 21500
13:10 Uttam : Fryday is never Dryday Ankush πŸ˜‰
13:10 Uttam : thanks Shai
13:12 Uttam : doom doom
13:12 MJ : pes all out. bnf.
13:13 Uttam : I entered PE now πŸ™‚
13:13 Shai : H done- (12:44) Shai : exp 10550 again
13:14 Ankit : +1 uttam
13:14 MJ : Nice UG.
13:14 Shai : I has new games below 10550 now
13:14 Uttam : but that 47k green at top did give the sign in BNF
13:14 Ankush Jain : waiting to play
13:14 MJ : Was short at those 47k greens.
13:14 Uttam : was a very low risk trade
13:16 Shai : 10600 pe abv 146 should move sl of 135 tgt 1 is 175. abv 146 only
13:19 Uttam : looks like that stuck 47k green in BNF got out in prev bar
13:19 Uttam : 13:10 bar
13:20 MJ : UG 1245 bar also had 23k reds.
13:21 Uttam : this bar has -42k red COT
13:21 Uttam : matched in totak with that 47k
13:22 Uttam : COT of that 47k bar was 40k
13:22 Uttam : and that long will not exit at VWAP
13:22 Uttam : 23k was right at vwap
13:22 MJ : For me he broke down his order 2 parts. ( but yes he is out)
13:23 Uttam : SL will not be a randowm number na MJ
13:23 Uttam : needs to be below VWAP
13:23 Uttam : even if he is doing in parts
13:23 Uttam : no reason to exit above vwap or at vwap
13:25 Sreedhar : UG go short below Vwap with IS or red COT BNF?
13:25 MJ : Okay ug.
13:29 Shai : 10550 to watch
13:29 Shai : the buyers has gone – (13:01) Shai : 10553 to watch prev imbalance buy side guy
13:29 Shai : upto sellers now to push the IS
13:30 Uttam : je baat BNF
13:30 Uttam : 21720 please
13:30 Rahul : Awesome shai, no takers as u said
13:30 Shai : All in #Orderflow
13:30 Shai : check last 60 mins
13:31 Sanjiv : 10,600PE in
13:31 Jitender : 810
13:32 Sachith : back to the zone bnf πŸ™‚
13:33 Fenil : nifty 10600 PE in??? @Shai
13:33 Shai : yes
13:33 Rajesh G : good volume in this candle
13:33 Shai : manage the 10600 pe at 132 sl
13:33 Fenil : ok
13:34 Vishnu : 470-510 22k weekl pe done with 2 dt now
13:34 Ankush Jain : OF beginning to make some sense after 4 days
13:35 Himanshu : OF ke pass sara ‘ Ankush’ Hai,,
13:35 Himanshu : Control on Auction
13:35 Ankush Jain : πŸ™‚
13:38 Uttam : imortant J period coming up
13:38 Uttam : extension handle will be nice
13:38 Uttam : 5 mins to go
13:39 Manish : Welcome to the party Ankush. We r in the same boat.
13:40 Uttam : doom doom
13:40 Boppanna : +1 Uttam nice trade on the BNF
13:40 Uttam : 22k pe from 475 to 555 50% out
13:41 Uttam : (13:13) Uttam : I entered PE now πŸ™‚
13:41 Tejpreet : 2dt and stepping away for a while .
13:41 MJ : Clean trade UG.
13:41 Boppanna : Perfect
13:41 Tejpreet : +1 Ug
13:41 MJ : Looks like sold to you πŸ™‚
13:41 MJ : same strike.
13:41 MJ : and one lower one too.
13:41 Vishnu : 2.2 dt done and dusted ‘
13:42 Boppanna : +1 Vishnu
13:42 Ankush Jain : 1.2 lkh big green guy in NF
13:42 Shai : Book the PE at 148 here
13:42 Shai : went to 154 and back down
13:43 Shai : buyer shopwed up
13:43 Uttam : yes in BNF too
13:43 Uttam : exited all at 537
13:43 Uttam : 21750 only πŸ™
13:43 Avinash : +1 UG, V n Tej
13:44 Uttam : 21720 maanga tha
13:44 Uttam : can still come though
13:44 Uttam : 21720 / 21650 / 21575
13:44 Manish : RB n IS in the same bar? Who prevails? COT?
13:45 Shai : below 10532 am expecting this guy to clsoe
13:45 Uttam : J period starts
13:45 Shai : And get us to 10500/ 1047-
13:45 Shai : but no point fighting him now
13:46 Shai : you saw what ahppened at 10605 earlier with the 1 L sell
13:46 Uttam : yes Shai
13:46 Aditya : yes, that was a 1.3L volume there too
13:47 Sanjiv : today’s gap up got closed with this last fall
13:47 Shai : we keep an option to sell open below 10530 as it is FRYDay
13:47 Ankush Jain : and almost similar candles if comapred upside down
13:47 Aditya : what’s a FRYDay?
13:47 Uttam : today Aditya
13:48 Aditya : @UG, thought there was more meaning to it??
13:48 Uttam : where both buyers & sellers get fried
13:48 Jitender : again (13:31) Jitender : 810
13:48 Aditya : hmm
13:48 Shai : πŸ™‚
13:48 Shai : traders get fried on a hot Tava on friday hence it is called FRYDAY
13:48 Uttam : nice 2 day composite in BNF
13:48 Jitender : beja gets fried
13:48 Jitender : bheja
13:49 Shai : πŸ™‚
13:49 Ankush Jain : something else
13:49 Aditya : So has the FA at top been confirmed?
13:49 Shai : hope all clsoed shorts
13:49 Uttam : yes Aditya
13:49 Sanjiv : yes
13:49 Shai : No point fighting these guys you see in OF
13:50 Uttam : but has not been able to stay below IBL
13:50 Uttam : close below IBL will confirm it better
13:50 Aditya : yes, it went below IBL only few mins
13:50 Ankush Jain : abhi picture baaki hai
13:50 Uttam : else there is a probable FA at lows too
13:50 Aditya : got it UG
13:50 MJ : πŸ™‚
13:50 Uttam : 1L guys stopped it
13:50 Vishnu : fight bw 2 FA
13:50 MJ : Greens together in both index.
13:51 MJ : another thing to note.
13:51 Vishnu : is nice one for next week. one has to quit. who?
13:51 Sachith : return to 22080 UG? bnf
13:51 Rajesh G : shai can this IB take it back to 599
13:52 Shai : 10576 he may stall or clsoe
13:53 Aditya : 10536 was yesterday’s HVN also
13:53 Uttam : BNF getting a 40+k green both at top & bottom of afternoon πŸ™‚
13:55 MJ : Never mess with biggies in OF.
13:55 Sreedhar : That 40K green saved my DT ..Thanks to OF : )
13:55 Sreedhar : BNF
13:56 Parul : Reliance on the boil again
13:57 Saheer : many retailers had jumped in seeing break of days low, that is where OF and VT save us
13:57 MJ : +1 saheer.
13:57 MJ : So imp these nuances are.
13:58 Shai : 10581 sl from cmp for 10536
14:01 Amit Jain : mj 40K in nf ..
14:01 Jitender : 90 mins 2 go
14:02 Tejpreet : lot of time πŸ™‚
14:02 Rajesh G : shai how did u know that he will stall at 576
14:03 MJ : Yes Amit. But I will pass that trade. And if sl then Shai’s 581.
14:04 MJ : RB + IB has come.
14:04 MJ : And RIL is dancing.
14:04 Amit Jain : +1 mj
14:07 Shai : H period sellers were there – (14:02) Rajesh G : shai how did u know that he will stall at 576
14:07 Shai : I spoke of 100570- 80 when g and H were under way
14:08 Rajesh G : ok
14:08 Rahul : Are those 1.2 L buyer sold their position ?
14:08 Ankush Jain : 100570. Will we see in our lifetime?
14:08 Shai : make exit at 10572- (13:58) Shai : 10581 sl from cmp for 10536
14:09 Govind : Modi in Ladakh on TV
14:09 Uttam : (13:50) Uttam : else there is a probable FA at lows too
14:10 MJ : #wanderlust
14:10 MJ : for modiji
14:10 Arjun : SL hit for Nifty short?
14:10 Shai : yes exit
14:10 Tejpreet : This visit won’t go well with Chinese ….need to be on high alert which I am sure they are .
14:11 Shai : what’s he saying?
14:11 Sanjiv : thump chesting
14:11 Tejpreet : Your courage is higher than the heights where you are posted today,’
14:12 Arjun : i have some issue with webianto.
14:12 Tejpreet : let’s see if Uttam gives a nice NE in nifty to end the week πŸ™‚
14:12 Arjun : There is almost some delay of couple of minutes . While in Zemm and Join me it is almost live
14:13 Shai : update the flash player- https://support.webinato.com/support/home
14:13 Shai : NF does not want to go anywhere loooks like
14:14 Shai : I thougght we would give the big guy a second visit at 10536
14:14 Shai : just a friendly hello would have been enough πŸ™‚
14:14 Uttam : πŸ™‚
14:14 Tejpreet : NF can’t go unless you close your strangle Shai.
14:15 Himanshu : Haha
14:15 Sreedhar : 21750 again?
14:16 Rahul : was the upmove was just to take SL in system ?
14:16 Shai : hardly made 12 bucks in it
14:16 Vishnu : thats matter if u gone with 50l soze shai
14:17 Shai : No- in open auctions always be careful on extremes – (14:16) Rahul : was the upmove was just to take SL in system ?
14:17 Shai : And quick
14:17 Rahul : sure..
14:17 Rahul : thanks
14:17 Shai : only have 20 lots each buddy – (14:16) Vishnu : thats matter if u gone with 50l soze shai
14:18 Vishnu : +1
14:18 Govind : Vishnu was talking about his usual lot size Shai πŸ™‚
14:18 Tejpreet : haha
14:18 Shai : haha
14:19 Ketan : ha ha ha gov !
14:19 Shai : No one can match his size. He must be in his private jet doing UAE- Kerala and trading also πŸ™‚
14:20 Jitender : yh…Vishnu uses up lot of oil πŸ˜‰
14:20 Vishnu : shai said feb end regaring decresing the ususal size and approach the market with half qty some. i rediced and now never went with 30l above . my maximum lot size yes which was 40 l
14:20 Jitender : Gov wud understand (14:20) Jitender : yh…Vishnu uses up lot of oil πŸ˜‰
14:20 Shai : +1 Vishnu
14:20 Vishnu : once vix back below 20 i will go with 50l more
14:20 Govind : Jit πŸ™‚
14:20 Shai : better be safe than sorry
14:21 Uttam : after Shai asked him to reduce position size Vishnu opened 10 more account to trade smaller lots in them ;-p
14:21 Shai : NF has decided to clsoe at vwap/ dpoc
14:21 Tejpreet : πŸ™
14:21 Uttam : lot of time left still Shai?
14:21 Vishnu : ugggggggggggggggggggggg
14:21 Govind : BNF another fat bell Uttam
14:21 Uttam : BNF also has a profile fill pending
14:21 Shai : what to do Tej. 2 big guys sitting at 2 oppsoite gates hammering the ball back
14:22 Tejpreet : agree …nobody giving up
14:22 Uttam : one will get out Shai πŸ˜‰
14:22 Govind : 2 day comp should give a move on Monday in BNF?
14:22 Uttam : NF also
14:22 Jitender : u pulln him from banalore to kerala or wat (14:21) Vishnu : ugggggggggggggggggggggg
14:22 Uttam : probable candidate for island reversal
14:23 Uttam : lol – (14:22) Jitender : u pulln him from banalore to kerala or wat (14:21) Vishnu : ugggggggggggggggggggggg
14:23 Tejpreet : You say vwap, Uttam says NE upside and i want NE below 530 πŸ™‚
14:23 Uttam : wah
14:23 Uttam : all 3 results possible πŸ˜‰
14:23 Uttam : to quote Ravi Shastri
14:23 Tejpreet : let’s see what we get.
14:24 Ketan : ha ha ha uttam
14:26 MJ : The best line by Shastri was said in Australia.
14:26 MJ : Thode time ke lie udhar….
14:27 MJ : that too on live tv.
14:27 MJ : I feel upside down players would relate so nicely to that line.
14:27 Narendra : ug reds below vwap .. does it signifies any thing??
14:28 Uttam : OA day plus balance so look for signs at extreme to trade NArendra
14:29 Uttam : looks like Tej has called his Mauritius connections
14:29 Uttam : time there for one move still
14:31 Tejpreet : wil try for new low and then over to you
14:31 Rajiv Ohri : 10370 for a reload please
14:31 Uttam : 21575 in BNF also please Tej
14:32 Tejpreet : Uttam I am below 18 remeber πŸ™‚
14:32 Uttam : lol
14:32 Himanshu : Reds
14:33 Himanshu : Steell Ball Testing – Tun Tun
14:33 Himanshu : OR UG you wnat to repair poor low in BNF
14:33 Rajiv Ohri : If sellers cant do it now. They just cant do it
14:34 Uttam : I want to test yesterdays BCDE H
14:35 Himanshu : 21430 –
14:35 Uttam : 21500
14:35 Himanshu : You wanted 21484 yday
14:35 Himanshu : Ok
14:38 Himanshu : Then you give lock to PDL ( Patel Damji lalji)
14:41 VijayT : trip to vwap?
14:42 Himanshu : Jit has instructed BNF to remaon in IBL
14:45 Fenil : BCDE H just like a code bech de;)
14:49 Ankush Jain : 2 big guys at extreme like liquid & oxygen. One won’t let u live & other won’t let u die
14:50 Shai : Most of you saw a good example of playing to the rules of an open auction today
14:50 Rahul : yes
14:50 Shai : Hope fully you made the right decisions and are safe
14:50 Vishnu : save emotional capital
14:50 Ankush Jain : was carrying Shai’s straddle
14:50 Sanjiv : yes….thanks
14:50 Shai : This is generally the profile where retail plays for a breakout and ends losing big money and also are frustrated by close
14:51 Shai : money saved is money made
14:51 Vishnu : +100
14:51 Ankush Jain : +1
14:51 Avinash : +1
14:52 Rajesh G : shai can we carry overnight straddle
14:52 Ankush Jain : Shai, carry the straddle or cover up all?
14:52 Shai : will cover
14:52 Ankush Jain : ok
14:52 Rajesh G : ok
14:52 Shai : This profile will only be safe if we open at 10575 on monday which is remore
14:53 Shai : Any big open away from this range creates a larger move
14:53 Sanjiv : Shai, what’s the expected range for monday? thanks
14:53 Ankush Jain : Global (US) cues will be missing as they are closed today
14:53 Shai : roughl;y 10640- 10500 range to break on monday
14:54 Shai : we can come back if we open here
14:54 Sanjib : @UG – any possibility of repairing the anomaly of yesterday
14:54 Sanjiv : +1
14:54 Ankush Jain : these 2 big guys reference points will matter in coming days?
14:54 Shai : yes but last 4 months have taught us that it is better to stay away from positions of any kind over weekends
14:55 Shai : take a break- plenty of opp for an open mind on mon
14:55 Ankush Jain : +1
14:55 Sanjiv : true…couldn’t agree more πŸ™‚
14:57 Shai : 40 mins done, 30 left – (14:21) Shai : NF has decided to clsoe at vwap/ dpoc
14:57 Uttam : very low vols in both
14:57 Uttam : just 100L in NF
14:57 Uttam : 58L in BNF
14:57 Vishnu : any holiday in us?
14:58 Uttam : yes Vishnu you cannot trade SPX today
14:58 Vishnu : wy
14:58 Uttam : tom July4th so they off from today
14:58 Narendra : us holiday today
14:58 Uttam : American Independence Day
14:58 Narendra : on account of freedm day
14:59 Vishnu : so no move expected from thr. and and a complete silence from border will get a open near to 10570. shai?
15:00 Shai : who is ensuring silence on the border? πŸ™‚
15:00 Vishnu : good que and no ans from me
15:01 Uttam : Vishnu going there for patrol this weekend Shai πŸ˜‰
15:01 Shai : look for an open drive on mon day
15:01 Uttam : yesssss
15:01 Ankush Jain : +1
15:01 Govind : Awesome Shai
15:01 Vishnu : we are in lockdown tripple here and i cant move 2km mximum
15:02 Ankush Jain : TN?
15:02 Shai : Vishnu Buy gold for dec ?
15:02 Shai : 6 months hold?
15:02 Vishnu : yes shai u can
15:02 Uttam : he already has toness of it Shai πŸ˜‰
15:02 Uttam : tonnes
15:02 MJ : Shai premium of 800 1k in zaveribazaar for gold.
15:02 Shai : max expected?
15:02 Govind : Vishnu’s target is 6250/gm by EOY
15:03 Uttam : how much is it now?
15:03 Govind : actually a lot of my jewller friends are saying that but it seems too high
15:03 Govind : 4600ish
15:03 Jitender : Shai…if it retraces back to 44/45 k ten only it makes sense….else 50-50.8 max expected in 6 months
15:04 Tejpreet : I think will hit below 40k by novemeber
15:04 Uttam : okies thanks Gov
15:04 Chandu : shai OD on dwnside on monday??
15:04 Jitender : too many ppl on tat boat now
15:04 Uttam : OD can be on any side Chandu
15:04 Vishnu : 5300/5500 per gm . now 4900
15:04 Uttam : if we were sure of downside then would carry puts
15:04 Uttam : we have a balance & Value is higher
15:04 MJ : Jit I have cleaned the Gold you asked to add 2 years + to that convo πŸ™‚
15:05 Tejpreet : Equities will be pumped up all the way till nov elections by Trump ….will be full risk on enviornment.
15:05 Uttam : that FA also not confirming EOD as close anot below IBL
15:05 Govind : VIshnu, it is 24K price right?
15:05 Vishnu : yes
15:05 Jitender : +1 MJ
15:05 Shai : okay.
15:05 Shai : +1 Jit
15:05 Shai : +1Tej
15:05 Shai : Trump is king and he has an election to win
15:06 Vishnu : as tp said one factor us elections
15:06 Shai : He is throwing Corona out from all beers also πŸ™‚
15:06 Uttam : lol Shai
15:06 Tejpreet : lol
15:06 Vishnu : down i expect a maximum of 3700 per gm 24k am saying
15:07 Jitender : u get 37k Vishnu…i will buy with both hands
15:07 Aditya : Guys, USDINR is also an input for gold
15:07 Vishnu : ug we dont bother the price as we do daily business and keeping inventories correct .
15:08 Uttam : yes Vishnu πŸ™‚ just a tonne here or there does not matter to yu anyways
15:08 Vishnu : peacefuul sleep is matte always
15:09 Vishnu : shai any monthly combo can carry?
15:09 Uttam : lol I thought you just said peacefull sleep
15:09 VijayT : haha
15:09 MJ : Shai can you take those ATH shorters in RIL out?
15:10 Shai : RIL?
15:10 Shai : balance let it come
15:10 Shai : 2 weeks now
15:10 Vishnu : in business nothing in peace . my dad says one small change in surrounding will kill our sleep.
15:10 MJ : Okay chief.
15:11 Vishnu : one theft near by our street killed our sleep for 2 straight week
15:11 Chandu : shai i hav ce in ril.. can i carry frwrd?
15:12 Shai : Frioday is news day in RIL
15:12 Shai : has worked this fri mon trade
15:12 Shai : but if in profit close
15:12 Vishnu : one doubt any monehtly combo to utilize any gap on monday?
15:13 MJ : Yes bossman. Cleaned all open pos.
15:13 Tejpreet : Uttam look at 5min nF chart …Shai has drawn a straight vwap line .
15:13 Shai : nice balance to close out the upmove which started at 10310
15:14 Uttam : yes Tej ne wanted early off for weekend so shut down the curtains at NSE too
15:14 Shai : 10570 will be ref zone for all of next week
15:14 Vishnu : +1
15:14 Shai : we start again with a clean slate using 10570 as bias point
15:14 Tejpreet : +1
15:14 Uttam : this could just be a pause also right Shai? we could continue higher also
15:14 Uttam : +1
15:14 Uttam : biggies have been missing
15:14 Uttam : lets hope we get some good volumes next week
15:15 Shai : yes 11400 is still doable in next 2 montsh
15:15 MJ : Most of the good stocks have been hitting those supply zone of march.
15:15 Uttam : perfect
15:15 MJ : Some have come out.
15:15 Vishnu : perfect shai
15:15 MJ : OD on monday with 0=l
15:15 MJ : Dream mode like tp πŸ˜›
15:15 Uttam : IT results start from next weekend right?
15:17 Shai : yes
15:17 Uttam : NF wants to confirm that FA at lows?
15:17 Shai : everytime the market goes down in july, throw the news of a new vaccine coming- it will bounce right back up πŸ™‚
15:18 Ankit : @vishnu if you can get in 37k i will buy 1 tonne in one week from you with 2% commision to you πŸ˜›
15:18 Tejpreet : We have desi one now by 15th August
15:18 Uttam : in fact some news of a 15th Aug launch also doing the rounds Shai
15:18 Ankush Jain : it is
15:18 Uttam : 19 points in 10 mins Tej?
15:18 Vishnu : +1 Ankit
15:19 Tejpreet : Uttam am nil but yes you can get it
15:20 Uttam : yes no positions here too
15:20 Uttam : fresh start on Monday
15:20 MJ : 1032 Comment of shai was the best one.
15:20 MJ : Balance formation.
15:20 MJ : Rocksolid truckdriver trades since then.
15:22 MJ : Bye everyone. Have a nice and safe weekend.
15:22 Vishnu : over all good week. almost 5 dt done. first two days had some hiccups . good week ahead for all. bye
15:23 Uttam : (14:21) Shai : NF has decided to clsoe at vwap/ dpoc
15:23 Shai : +1
15:23 Uttam : see I told you Shai wanted weekend to start early – he knew it well in advance
15:23 Shai : Hope everyone had a good week.
15:23 Shai : Keep learning . keep earning
15:23 Uttam : OA week it was
15:23 Tejpreet : Yes Chief
15:24 Shai : have a good break and let’s catch up Mon
15:24 Uttam : most testing times as a trader
15:24 Ankush Jain : 2 FAs valid today??
15:24 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all.
15:24 Vishnu : yes shai
15:24 Uttam : no FA valie Ankush
15:24 Vishnu : happy weekend to all
15:24 Ankush Jain : ok
15:24 Uttam : it is a normal day
15:24 Uttam : rare event
15:25 Uttam : just tiny bit out of both ends
15:25 Uttam : Normal Day in both
15:25 Uttam : so can expect TRend Day next πŸ™‚
15:25 Aditya : both FA kindof cancel each other out
15:25 Uttam : no FA at lows Aditya
15:25 Uttam : we did not get above IBH
15:26 Uttam : so which ever side we break on Monday can expect a good move
15:26 Aditya : right
15:26 Sachith : bye everyone… have a great weekend
15:27 Uttam : thanks All πŸ™‚ have a lovely weekend & remain safe
15:27 Tejpreet : Marutius hot line beaten by Cayman island guys and we close right at vwap dpoc πŸ™‚
15:27 Aditya : UG in that case, the FA at top is confirmed, is the bias slightly on the downside?
15:27 Tejpreet : Bye All.
15:28 Amit Jain : bye all
15:28 Uttam : its not confrimed Aditya as we hardl y stayed below IBL
15:28 Aditya : ok
15:29 Uttam : Neutral bias
15:29 Uttam : Value higher
15:29 Uttam : range narrower
15:29 Aditya : ok
15:29 Dhananjay : Happy Weekend Everyone Byeee..
15:29 Aditya : thanks UG, have a good weekend all !!
15:29 Uttam : so need to see what kind of initiative volumes we get on Monday
15:29 Sreedhar : Bye all .. Happy weekend
15:31 Saurabh rohatgi : bye all
15:32 Avinash : Bye everyone
15:34 Manikandan : bye all


09:05 Shai : (09:03) Shai : yesterday’s buy side imbalance at 10440- 10470 confirms the move we have seen abv 10310 last 2 days(09:03) Shai : going into today 10470 remains a supp and a dip buy zone(09:04) Shai : up ahead supply would still be at 10600 F and only a strong auction abv it can mean continuation next week(09:04) Shai : 10750 is the higher seller from March
09:22 Uttam : a) NF needs to get above 10556-572 for a rise to 10606-619 / 10655-690 & 10735-750
09:22 Uttam : b) The auction staying below 10536 can test lower levels of 10508-488 / 10440-400* & 10367-350
09:22 Uttam : a) BNF needs to sustain above 22002 for a rise to 22080 / 22170-260 / 22356-420 / 22490-560 & 22650-712
09:22 Uttam : b) The auction accepting below 21930 could test of 21840-775 / 21720-649 / 21564-468 / 21355-319 & 21223