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
08:39 Uttam : Good Morning All 🙂
08:40 Himanshu : gm all
08:40 Sumeet : Good morning
08:40 Uttam : https://vtrender.com/monthly-charts-april-2021-and-market-profile-analysis/
08:40 Uttam : https://vtrender.com/weekly-charts-26th-to-30th-april-2021-and-market-profile-analysis/
08:40 Uttam : https://vtrender.com/market-profile-analysis-dated-30th-april-2021/
08:49 Nisha : GM All
08:50 Vtrender Live : 5 min NF charts – https://global.gotomeeting.com/join/800745461
08:51 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647755698?pwd=U1FVY2NpUXIzZlVWKzc0azhORlNqQT09
08:52 Chandrashekhar : GM all
08:55 Surya ganti : gm everyone
08:56 Ranjith : Gm All
09:01 K2dt : gm all
09:01 K2dt : missed the room 🙁
09:01 Suresh : gm team..
09:01 Shai : GM all
09:01 Suresh : Yep.. tough time to pass on..
09:01 Rahul : K2 hope all good
09:01 Suresh : covid aside, no office n market !!
09:01 Rohan : GM All
09:01 Surya ganti : hey kush.. welcome back
09:01 K2dt : yes Rahul.. 13th day quarantine
09:02 K2dt : tx Surya bro
09:02 Rahul : tkcr, good to see you here.
09:02 Piyush Kakadiya : gm
09:02 K2dt : i’ll share my experience on slack
09:02 Prashant : big wc back to k2dt…good to see you back…
09:02 K2dt : tx Prashant 🙂
09:03 Shai : 14540 will be the ref area for the opem
09:03 Abhishek : Welcome back K
09:03 Shai : Auction obj at 14370
09:03 Shai : 3237o ref line in BNF
09:03 Shai : we wait out the open volumes and trade accordingly
09:04 Shai : Allow the market to settle before opening new inventory
09:04 K2dt : thnk u Abhishek 🙂
09:04 Shai : wc back k2DT
09:04 Sumeet : Kush – hope feeling well now… God bless.
09:04 Shai : hope you are feeling better
09:04 K2dt : thnk chief :).. yes better 🙂
09:05 Himanshu : Kush – Bravo – Wish you good day
09:05 K2dt : tx Sumeet 🙂
09:05 Himanshu : You need volataility to recover
09:05 Himanshu : so you will have it today –
09:05 K2dt : always pmvby 🙂 (09:05) Himanshu : You need volataility to recover
09:05 K2dt : tx H
09:06 MJ : Welcome back Kush.
09:06 MJ : Jit ain’t around. Hope all okay?
09:06 K2dt : tx Mj bro 🙂
09:06 K2dt : Jit is not coming these days??
09:07 Govind : Good to see u Kushal, welcome back
09:07 K2dt : hey tx man Gov 🙂
09:07 Tejpreet : GM All.
09:08 Sanjib : Welcome back Kush, we all were missing you
09:09 K2dt : tx Sanjib 🙂 . i missed u guys too 🙁
09:10 K2dt : unfortunately here in corner room..getting 2mbps so not trading 🙂 just observing for 2 days
09:10 Prakash : Good Morning All
09:10 Tejpreet : WC back K2
09:11 K2dt : thank u Tej :))
09:12 K2dt : guys the situation is real bad..esp in bjp ruled states.. real numbers r 8-10x of reported…here in ahmedabad we have a ground called GMDC ground… it is literally filled with a thousand cars with atleast 3-4 ppl coming to get tested… this is just one centre..imagine other labs and other centres!! wear double mask for now and take steam regularly
09:12 Favas : weicome back kush
09:12 K2dt : thnx Favas 🙂
09:13 MJ : It is that bad that metro/srl guys have stopped collections. Kush right?
09:13 MJ : back to markets.
09:13 MJ : chief 5 min hold rule? gapdown?
09:13 K2dt : yes MJ..lets discuss later
09:14 Ankit Maheshwari : BNF low?
09:15 Ankit Maheshwari : 800 points range in first 2 mins
09:16 S M : Numbers not visible on GoTO .screen . .
09:17 Shai : Allow 2 mins for the numbers to settle
09:17 Sanjib : Morning job done https://vtrender.slack.com/archives/C0F2VRTPW/p1620013724115600
09:19 MJ : bravo! S.
09:19 Shai : watch this- (09:03) Shai : 14540 will be the ref area for the opem
09:19 Shai : BNF- (09:03) Shai : 3237o ref line in BNF
09:20 Govind : NF is volatile and can take out stops on either side…please wait like Shai said
09:21 Sanjib : Thanks MJ
09:22 MJ : Bnf 31625 low has vols?
09:22 K2dt : congrats Sanjib..fnf that was 🙂
09:23 Sanjib : Thnx Kush, carried it from Friday, based on my OI readinh
09:23 K2dt : super 🙂
09:27 MJ : charts stuck?
09:28 Surya ganti : room stuck
09:28 Ankush Jain : yes
09:31 K2dt : chief refresh room chart pl
09:32 K2dt : tx
09:34 Shai : short NF 14542 sl of 14570 tgt 14480/ 14400
09:35 Rahul : bnf 784 right at vwap
09:35 K2dt : yes
09:35 Uttam : welcome back K +1
09:36 K2dt : tx UG 🙂
09:36 KK : bnf 784
09:36 Rahul : bnf no band, nf green band
09:37 Ranjith : In (09:34) Shai : short NF 14542 sl of 14570 tgt 14480/ 14400
09:38 KK : bnf going to test day high ?
09:38 MJ : bands off both.
09:38 Swapnil : SunTV selling off
09:39 Uttam : BAba booked profits in that 😉
09:39 Shai : exit the NF short
09:39 Ranjith : SL taken
09:40 Shai : exit
09:40 Shai : going for gap fill
09:42 K2dt : hdfc and infy leading
09:42 Milind : Is it good to initiate Long on nF @Shai?
09:44 MJ : 147/174 14500 ce initiated when nf stayed above vwap.
09:44 Govind : still no trades for me
09:44 Rahul : +1 MJ
09:45 K2dt : cheers MJ
09:45 K2dt : bnf snoozing tho
09:45 MJ : Thanks guys.
09:46 MJ : 590/610 prev supply
09:47 Mayur P : LLt here?
09:49 Mayur P : @Shai NF EOA?
09:50 MJ : nf gets higher high in B. Bnf waiting?
09:50 Uttam : some of tyhe morning longs booking in NF
09:51 Rahul : 770 in llast bar
09:51 Sanjay : should be neutral day…inventory adjustment
09:54 MJ : 440 gets vwap in bnf.
09:56 Shai : 14450 a supp now
09:56 Shai : could do 14660
09:56 Uttam : 14540?
09:56 Uttam : or 14550
09:56 Shai : 14550*
09:56 Uttam : thanks Shai
09:57 Shai : no position as RR not good
09:57 Shai : will review if 14550 breaks or higher
09:57 Shai : sellers failed earlier at 14550, so this auction doable- (09:40) Shai : going for gap fill
09:58 Chetan null : rr means?
09:58 Uttam : risk:reward
09:58 Sumeet : risk – reward4
09:59 Chetan null : thanks
10:04 Prakash : screen stuck
10:05 Sadees : 4 consecutive POCs at 14590
10:06 Uttam : yep +1
10:06 MJ : 2 at vwap — lows. bnf 380.
10:07 Rahul : bnf need an is’
10:07 Rahul : at vpoc
10:11 Favas : jit ur ref?
10:11 K2dt : gm jit.. all ok?
10:11 Jitender : Gm guys…nt tradn
10:12 Jitender : so pls excuse fr another 2-3 days
10:12 Favas : pls take care jit
10:12 K2dt : stay safe Jit
10:12 Sadees : Stay safe and take care Jit..
10:12 Jitender : tx _/\_
10:13 Jitender : K2..good 2 c u back…hope all well
10:13 K2dt : tx Jit 🙂 . 13th day today
10:13 Rohit : Prayers with your brother Jit. He will get better.
10:13 Rajesh G : take care Jit
10:14 Jitender : 4 more n u r clr … God bless k2 🙂
10:14 K2dt : ur brother in quarantine Jit? godspeed to him
10:14 Jitender : tx guys _/\_…tc
10:14 K2dt : tx so much Jit..tom last day 🙂
10:15 Sadees : C side coming? NF POC again at 14590
10:16 Jitender : guys..pls go thru 2 postings i did yday in random channel…very informative…abt Covid
10:16 Jitender : God bless us all
10:16 K2dt : amen Jit
10:18 Rahul : screen stuck
10:18 Prakash : charts stuck again it seems
10:19 Rajan Modi : yes
10:20 Milind : VWAP test coming?
10:24 Uttam : BNF no vols below 32130 Shai so can take IBL as that?
10:28 MJ : 550 supp shai mentioned holding so far.
10:29 Chandrashekhar : +1, NF haltig near the 30 min ref
10:29 Chandrashekhar : D should confirm the next move hopefully
10:30 Uttam : C not giving a false move is also a sign 🙂
10:31 Vishnu : for an up?
10:31 Uttam : A period singles so far
10:31 Uttam : 14576 needs to be taken out & sustianed in NF
10:32 Uttam : 32490 last months POC ref in BNF
10:38 Uttam : 161-177 in 14500ce on that 14550 holding 50% out
10:38 MJ : 558-611 (10:28) MJ : 550 supp shai mentioned holding so far.
10:38 MJ : part out.
10:38 Chandrashekhar : c side in NF
10:38 MJ : how are gapdown warroirs doing?
10:39 MJ : warrior* damm
10:40 Shai : Buy 14500 ce at 181 sl of 160 tgt 205/ 224
10:41 Shai : up from 14553- (09:56) Shai : 14550*
10:41 MJ : +111
10:41 MJ : traded it bossman.
10:41 MJ : 🙂
10:41 Shai : close the gap we review the morning auction
10:41 Vishnu : banknn for ?
10:42 Surya ganti : room chart stuck
10:42 Shai : BNF for 33180
10:42 Ankush Jain : chrts stuck?
10:45 MJ : 636 all out (10:38) MJ : 558-611 (10:28) MJ : 550 supp shai mentioned holding so far.
10:45 Uttam : 14645 was the tredn day vwap of last week’s trend day
10:46 MJ : Shai 31625 has volume against it? Today’s bnf low?
10:47 Shai : 1 or 2 lots
10:47 Shai : vol is at 32340
10:47 MJ : Okay chief.
10:48 MJ : thanks.
10:48 MJ : freak low.
10:48 Uttam : (10:24) Uttam : BNF no vols below 32130 Shai so can take IBL as that?
10:49 Shai : can take 32130
10:50 MJ : thanks cheif. 32120 first min low on most of the 1 min data charts.
10:51 MJ : makes IB for bnf at 400 then.
10:51 Uttam : thanks Shai
10:52 Muralidhar Kaja : @Shai EOA in Nifty?
10:54 Shai : prefer 5 rows min for EOA
10:54 Muralidhar Kaja : Thanks
10:54 Shai : 14660 is gap fill
10:54 Piyush Kakadiya : What is EOA ?
10:55 Arjun : end of auction
10:55 Piyush Kakadiya : ok
10:55 Shai : 14580 supp
10:55 MJ : 1035 0s vs top 0s
10:55 MJ : 1035 was transition bar. So low of that bar imp?
10:56 Sadees : Chief, support for bnf pls
11:00 Surya ganti : SL taken for CE
11:00 Ankush Jain : SL taken’
11:01 Piyush Kakadiya : sl taken
11:01 Piyush Kakadiya : can I hold ?
11:01 Chandrashekhar : its doing SL hunting looks like
11:02 MJ : yes did that looks like.
11:02 MJ : 1035 bar lows to watch imho in both.
11:03 Vishnu : shai 33180 still u expecting?
11:04 Shai : exit- (10:40) Shai : Buy 14500 ce at 181 sl of 160 tgt 205/ 224
11:04 Surya ganti : had 50% sell roder order 199, high of CE was 198.8
11:04 Surya ganti : 😀
11:04 Prashant : gap not filling wd be bearish, right?
11:04 Shai : Not sure why they keptr 15 points aside
11:04 Shai : could have driven that CE to 205 , stopped at 198.8
11:05 MJ : playing with timing chief 🙂
11:07 Govind : such a yawner
11:07 MJ : Still no trades Gov?
11:07 MJ : guys shared a link on slack : https://findslot.in/
11:08 MJ : auto searcher for slots.
11:08 MJ : vaccine slots.
11:08 Govind : no MJ, RR for longs were not good because of that 580 to 620 previous supply zone. Will look for shorts below 540
11:08 MJ : Okay.
11:08 MJ : ++
11:09 Shai : sl 32300- (11:03) Vishnu : shai 33180 still u expecting?
11:09 Shai : 14540 NF
11:10 Govind : some reds have come at the highs btw…11:08 Govind : no MJ, RR for longs were not good because of that 580 to 620 previous supply zone. Will look for shorts below 540
11:10 Tanuj : RIl breaking down, can pull the nf down
11:10 Govind : No LLTs though
11:11 Uttam : change of olarity – (10:45) Uttam : 14645 was the tredn day vwap of last week’s trend day
11:11 Uttam : polarity*
11:12 Sanjib : chart stuck?
11:12 Prashant : chrt stuck
11:17 Shai : going back to 14660
11:17 Muralidhar Kaja : @Shai can we go Long here?
11:17 Shai : earl;yu days buy we have a low in place tgt 14925 in NF again
11:17 Shai : maybe by wed or thurs
11:18 Shai : 15450 sl for longs
11:19 Shai : 14660/ 14757 doable by close if that holds
11:20 Muralidhar Kaja : 14550?(11:18) Shai : 15450 sl for longs
11:21 Shai : pardon me- yes 14550
11:22 Sadees : 281 buyer at BNF stalled for now?
11:22 Sadees : at 32598*
11:23 KK : so if our bias positive, can sell PEs and keep booking
11:23 KK : ?
11:24 Shai : have sold 14600 pe sl of 214
11:25 MJ : +1 chief.
11:25 MJ : getting in.
11:27 MJ : 572-607 out 75% (10:55) MJ : 1035 was transition bar. So low of that bar imp?
11:27 KK : Chief has decided , Gap fill…
11:27 MJ : Boss bole toh hogaich.
11:28 Ankush Jain : chief positional?
11:28 KK : how is SL of 174 in that PE, if entry at 165 now ?
11:29 MJ : 214 sl KK.
11:30 MJ : oh you talking about pes. buy.
11:30 KK : bnf ?
11:30 MJ : 590 nf 511 bnf ref for me.
11:30 MJ : upside.
11:41 Rajesh G : T
11:44 Aman Singhania : shai 370 destination trade over?
11:46 Piyush Kakadiya : NF below vewap
11:47 KK : 304 in BNF needs to go
11:47 Chandrashekhar : have to wait for closing of this bar in NF..also Shai 550-540 support level ref below
11:52 Shai : yes prem did not paly well at open spot did 416 against 375 which is the same as complete- (11:44) Aman Singhania: shai 370 destination trade over?
11:52 Ankush Jain : 14600 pe failing to cross vwap
11:52 Aman Singhania : ohk
11:53 Shai : 14510 proper sl for positional trade to 14975 from here
11:53 Rahul Goel : ankush how do you check tht
11:53 Surya ganti : not a bad RR in that positional trade 😀
11:53 Ashwin : @rahul https://mplite.vtrender.com/?symbol=O_NIFTY14600PE20210506&tf=daily&tpo=0.5&isComposite=0&ivp=0&sp=1&startDate=&endDate=&nDays=8
11:54 Ankush Jain : shai that 14600 pe is positional?
11:54 Rahul Goel : ok
11:54 MJ : charts on?
11:56 Rajesh G : shai bnf target and sl for positional view
11:56 Chandrashekhar : nope..charts stuck
11:56 Surya ganti : room charts seem stuck.,. others working
11:57 Ankush Jain : yeah
11:57 Ankush Jain : fine now
11:57 Piyush Kakadiya : CAN i BUY 14500 CE
11:57 MJ : 14850 is one big vol cluster.
11:57 Surya ganti : thats why i added a 2nd screen.. that way goto/zoom always working
11:59 Shai : charts are fine?
11:59 Siddhesh : seems stuck chief
12:00 Ranjith : this i sagain p profile in both
12:00 MJ : Yes R.
12:00 MJ : Now G and K to watch.
12:00 Ranjith : yes MJ
12:00 MJ : G is for new ____
12:01 Uttam : now back room charts
12:01 MJ : they got to manage it well at IBH. NF
12:02 Ranjith : thanks MJ
12:06 Rajesh G : shai bnf target and sl for positional view
12:06 Shai : same as given earlier
12:06 Shai : 32300 sl
12:06 Rajesh G : thanks shai
12:09 MJ : P mein rotations.
12:17 Govind : Has been in this zone since 940am….damn…11:08 Govind : no MJ, RR for longs were not good because of that 580 to 620 previous supply zone. Will look for shorts below 540
12:18 MJ : Yes Gov.
12:19 MJ : though paradise for scalper. This kinda market.
12:19 MJ : I had a view similar to yours. (09:46) MJ : 590/610 prev supply
12:20 Govind : Cool
12:21 Chandrashekhar : bnf not helping today?
12:22 Surya ganti : 440 flag in bnf?>
12:23 Sadees : +1 surya
12:23 MJ : watch 350 bnf.
12:24 Chandrashekhar : 1456 reds
12:24 Chandrashekhar : in BNF
12:24 Ranjith : SLO’s chief MJ UG ??
12:24 Surya ganti : looks like BNF has a plan
12:24 Favas : dpoc shift?
12:25 Favas : bhf?
12:25 Uttam : need a refresh
12:25 Uttam : mix of orders there looks like
12:25 Uttam : 32260 is Apr series VWAP
12:25 Uttam : that number coming right there
12:25 KK : lets go bnf back to VwAP
12:26 Sadees : Chief, positional view is invalidated for BNF? or manage with SL slightly below
12:27 Rajiv Ohri : Chied this 1456 at DPOC?
12:27 Rajiv Ohri : Chief
12:27 Govind : tonight’s IPL match postponed, KKR players are unwell
12:28 Uttam : Varun right? tested positive?
12:28 Uttam : BNF dPOC still at 32396
12:28 Govind : they are saying Cummins too
12:28 Uttam : oh man
12:28 Chetan null : any open trade?
12:30 Favas : ug on OF its showing@32279?
12:30 MJ : Surya and sadees. once 440 entered. You know why I mentioned watch 350?
12:30 Surya ganti : so that wud be a support now or a resistance?
12:30 Surya ganti : DOP is 32350
12:31 Surya ganti : someone who bought in the open, exited now MJ?
12:31 MJ : that late seller can push auction in smaller TF below day open or no?
12:31 Sadees : if day’s open is held, fresh selling below MJ?
12:31 MJ : and 350 being the mech ref of the day.
12:31 Surya ganti : right
12:32 MJ : We saw sl swipe ( that’s my understanding)
12:32 MJ : and now again arrived at 350 and figuring what to do.
12:32 Surya ganti : so the 1456 is a long guys SLO
12:32 Surya ganti : lol
12:32 MJ : So when flag comes. give it some time to get it soaked.
12:32 MJ : and that 1456 seedha came at dpoc.
12:32 MJ : and look at how he’s working well.
12:33 Sumeet : Thanks 1456.. Tum jiyo 1456 saal…
12:33 MJ : in directions of longs.
12:33 MJ : 🙂 Sumeet.
12:33 Chandrashekhar : MJ 10 more min for FIB in G
12:33 Surya ganti : exited the PE sell trade with that flag and 1456 guys.. re-entered
12:34 Sadees : +1 MJ (12:32) MJ : So when flag comes. give it some time to get it soaked.
12:35 MJ : Yes C. Too much rotation though.
12:36 Piyush Kakadiya : 14600 is hurdle level
12:40 Vishnu : shai banknifty 32300 below next level ti watch
12:45 Sadees : volumes not enough to cross 32350
12:47 MJ : 🙂
12:48 Uttam : both NF & BNF at the Apr series VWAP for now 14576 & 32260
12:49 Govind : this is spot level UG?
12:52 Govind : for futures, am getting 14640 as series vwap on the daily tf, hence asked
12:53 Chandrashekhar : BNF activated UG???
12:53 MJ : H mein kare G ka kaam/
12:53 MJ : ?
12:54 Chandrashekhar : NF around 30 min ref here
12:57 MJ : 263 green nf dvah.
12:58 MJ : needs more followthrough.
12:58 Sanjib : ghee shakkar MJ
12:59 MJ : 🙂
12:59 MJ : 636 D period supply.
13:02 KK : can BNF return again after tagging VWAP..ho gaya bnf reject
13:03 KK : oh..needs to come below 350, ?
13:05 MJ : 350 todo aapka bnf KK.
13:05 Sadees : MJ, i exited BNF when it struggled to cross 32350.. but right after exit, BNF tagged VWAP.. any insight that will help with this?
13:05 MJ : entry was at?
13:05 Sadees : i face this issue often
13:05 Sadees : 32300
13:06 MJ : I tsl sadees if you’ve noticed most of the times I part exit.
13:06 MJ : and try to get tsl at cost or cost++
13:07 MJ : P period DPOC was at Plow Stem. in bnf.
13:08 Sadees : yup, changed to SL to cost.. but i modified and exited at 32350 when 150 odd green popped up right there
13:08 MJ : TSL works for me the best. And I try and stick with tsl.
13:09 MJ : check what can be your better exit option. Or if anyone in room can suggest. @sumeet does lots of these kinda trades.
13:09 Sadees : will strive to stick to it MJ (13:06) MJ : and try to get tsl at cost or cost++
13:10 Sunil : hey MJ … I see u identify FLAGS very accurately…Will appreciate any pointers to look for
13:10 KK : bnf playing 100-100 points..260 to 350 and then 350 to 450..dull volumes
13:10 Sunil : I have failed miserably so far 😀
13:10 MJ : Also as a rule I go with range. So if I say 350 I am watching 340-360 rougly 20-25 pt in bnf and 12-15 pts in nf.
13:11 Chetan null : test
13:12 MJ : @sunil next time we spot a flag wil share context.
13:12 MJ : (12:32) Surya ganti: so the 1456 is a long guys SLO
13:12 MJ : But this one you can check. What he did.
13:12 Uttam : NF for new highs?
13:13 Uttam : 14660 / 14680 please
13:13 MJ : H mein dega?
13:13 Chandrashekhar : +1 Uttam..BNF ko bolo please
13:13 MJ : timely highs.
13:13 Vishnu : uttam banknifty can show 32800?
13:13 MJ : nf
13:13 Uttam : je baat
13:13 Ankush Jain : khela hobe
13:13 Surya ganti : selling PE worked i guess today than buy8ing 😀
13:13 MJ : abhi GFA?
13:13 MJ : gap fill andolan.
13:13 Uttam : 182-204 14500ce
13:14 MJ : 185-200 UG
13:14 MJ : shaabash.
13:14 Uttam : pending target of 204 to aana hi tha in that CE
13:14 Uttam : 14656 so far – (13:12) Uttam : NF for new highs?(13:13) Uttam : 14660 / 14680 please
13:15 KK : 660 kahan hai
13:15 Ankush Jain : gap almost filled
13:15 Shai : +1
13:15 Surya ganti : any targets for 14600PE shai?
13:15 Sadees : charts stuck?
13:15 Shai : Nuisance value trade to 14660
13:15 Shai : could have been done at 10.30 am
13:15 MJ : haha!
13:16 MJ : chief they bought time.
13:16 Shai : +1
13:16 KK : bnf
13:16 Vishnu : banknifty still pending shais no . anyone do thay
13:16 KK : khela hobe ,
13:16 Anand : charts stuck
13:16 MJ : (11:04) Shai : Not sure why they keptr 15 points aside(11:05) MJ : playing with timing chief 🙂
13:16 KK : bnf going for thta 260 again
13:17 Ankush Jain : room chrts?
13:18 MJ : Sunil that 216 is a flag. on top
13:18 KK : wah wah
13:18 Surya ganti : plan changed after foilling gap?
13:20 Rajiv Ohri : Shai NF for 500?
13:20 KK : 33K PE 925 to 1180
13:20 Surya ganti : 1550 reds in BN!
13:20 MJ : 786 seller at 640 nf?
13:21 Chetan null : test
13:21 Chetan null : test
13:21 MJ : Adds to this level (12:59) MJ : 636 D period supply.
13:21 Sumeet : kotak results out i think…
13:21 Sunil : but how to identify ? POC above it i know … what else to look for MJ : Sunil that 216 is a flag. on top
13:21 Sumeet : took a bit of a beating… might have triggered the bnf fall
13:22 Ranjith : Yes kotak is doing this
13:22 MJ : Sunil on an OAOR/OAIR day willl come back to you on these flags.
13:23 MJ : basically keep monitoring for late lateef guys.
13:23 Sadees : chief, BNF room chart adjustment pls
13:23 Sanjib : Kotak Bank results led to this downfall?
13:23 Chandrashekhar : 580 held again in NF
13:23 Vishnu : bankn for?
13:23 MJ : +1 C
13:24 Rajiv Ohri : my guess 31900 vishnu
13:24 Sunil : ok… Thnx MJ MJ : Sunil on an OAOR/OAIR day willl come back to you on these flags.
13:24 MJ : but right now can you see 142 seller below vwap?
13:24 MJ : he was late.
13:25 Shai : BNF trapped players in last 10 mins
13:25 MJ : +100 shai.
13:25 Shai : kotak
13:26 Surya ganti : MJ .. is thr 440 in BN a flag too
13:26 MJ : not on zoom.
13:26 MJ : Okay.
13:26 KK : back to 260 , BNF for next trigger ?
13:27 KK : that red 1456 was a kotak insider, is it ?
13:28 Surya ganti : or he got stopped.. previous candles had large buy orders
13:28 KK : small volumes though
13:28 MJ : 1320 transition bar highs immediate ref.
13:29 KK : there is one below 1567, that should provide support now?
13:30 MJ : bnf P is broken now.
13:30 MJ : unless goes back.
13:30 Uttam : it was not a ‘p’ as fresk low we had in it
13:30 Uttam : actualy IBL is 32130
13:30 MJ : Oh yes ug.
13:30 MJ : +1
13:31 KK : 32148 was the open drive in BNF
13:31 Shai : NF can drop 40 points below 14580 sl of 14599
13:31 Uttam : stayed above IBH for more than 30min so no FA also
13:31 Shai : 14540 revisist
13:31 Gopi : nf abd bnf opp each
13:31 Sumeet : just about to ask you that, shai. 🙂 thanks for the confirm and numbers
13:32 Surya ganti : NF at the Sl levels shai?
13:32 Ganga Katara : when this view negated?
13:32 Surya ganti : sorry.. misread the statement
13:32 Uttam : (13:31) Shai : NF can drop 40 points below 14580 sl of 14599
13:32 Shai : vwap break can livite a small LL
13:33 Favas : bnf ref?
13:33 Ganga Katara : should I exit longs shai?
13:34 Sumeet : 1700pe writers seem to be holding kotak for now.
13:35 KK : J will bring it
13:35 Ganga Katara : shai any change in positional view?
13:36 Shai : There is no trade open
13:36 Shai : Please do not mix positional view with intra day
13:36 Sanjiv : +1
13:36 Shai : There is a sl for positionbal viiew given. maintain accordngly
13:37 Shai : one of the reasons we do not do positionals here, is that everyone gets confused and answers to you questions lead to more confusion 🙂
13:38 Surya ganti : 🙂
13:38 Shai : view is given, sl and tgt is given., if your trade is open , please folloow the same
13:38 Uttam : +1
13:38 Sag1 SAWANT : +1
13:38 Ganga Katara : ok shai
13:38 Shai : we will keep looking for intra day opportunities
13:38 Shai : hope there is no confusion
13:39 Siddhesh : +1
13:39 Favas : shai.. sellers stuck?
13:39 Favas : bnf
13:39 K2dt : chief what are the long blue coloured horizontal lines in 5 min charts? and the red ones?
13:39 Shai : late bueyrs also
13:40 Uttam : they are transition lines K
13:40 Shai : 500 point BNF drop that was in 7 mins
13:40 K2dt : tx UG
13:40 Favas : yeah now upside down
13:40 Uttam : can take them as levels to watch when short or long
13:40 Favas : bnf ref?
13:40 K2dt : +1..tx UG
13:41 Shai : 32300 upper ref now
13:41 Surya ganti : chief.. do the red/blue transition lines disappear if the LLT has exited?
13:42 Favas : thnks
13:42 Shai : yes- (13:41) Surya ganti: chief.. do the red/blue transition lines disappear if the LLT has exited?
13:42 Shai : if matching vol is created
13:42 Surya ganti : awesome
13:43 Surya ganti : and can they be used as intra ref points?
13:43 Surya ganti : 2 lines in BN at 32300 and 32226?
13:44 KK : kotak decides this
13:45 Prashant : break the poc
13:47 Sumeet : kotak looking shady
13:49 Rajesh G : nf still holding vwap through out the day
13:50 Prashant : yes
13:51 KK : Uday kotak buying..He he
13:53 Prashant : chart?
13:55 Shai : fine
13:55 Prashant : yes sir
13:56 Shai : There is a windows update which seems to have interfered and hence we have been facing an issue
13:56 Shai : will get it sorted this evening
13:56 Sumeet : these blessed windows updates break more than they solve
13:57 Shai : so true
13:57 Uttam : mine has been trying an update for last 2-3months and it fails every time
13:57 Sag1 SAWANT : i so hate the morning 9 am update in windows..
13:57 Sumeet : lol ug… story of eveyrones life
13:58 Sumeet : last week i finally got mine.. was happier than when i got a vaccine appointment
13:59 K2dt : loool Sumeet
14:01 KK : Shai, any chance of 650 breach, or we are done on the highs , I has good volumes
14:03 KK : oh..low volume only in NF..bnf had
14:05 Sadees : 3 POCs at 32250
14:07 Surya ganti : MJ loves those D
14:08 Sadees : i misread those invariably
14:08 Sadees : MJ, 32226 break to watch for in BNF?
14:10 MJ : yes mech ref.
14:10 Shai : 14540- 14660 range
14:10 MJ : charts?
14:10 Shai : may stay into close\
14:10 Sumeet : In the p part of the p ?
14:10 Shai : yes
14:11 Sadees : Chief, view for BNF pls
14:11 Chandrashekhar : room charts stuck?
14:12 MJ : @sadees better those 0s at 280 levels to watch.
14:12 Sadees : sure MJ
14:14 MJ : phatko!
14:14 MJ : shaabas!
14:14 Chandrashekhar : K
14:15 Sumeet : whaaa ??
14:15 Prashant : 14.5 ce hardly moved
14:16 MJ : I like calling K as Kraken period.
14:16 Sadees : should we keep limit buy orders there MJ? (14:12) MJ : @sadees better those 0s at 280 levels to watch.
14:17 Sumeet : good one MJ
14:17 Surya ganti : someone unleashed the kraken 😀
14:17 MJ : Sadees if you can manage them, can with the right invalidation.
14:18 Sadees : sure MJ
14:18 Surya ganti : 32250 has 0s.. shud be support
14:18 MJ : G didn’t do much apart from one rotation (12:00) MJ : Now G and K to watch.
14:18 Ankush Jain : shai continuation 0s as support for NF?
14:20 Uttam : 180-186 once again in that 14500ce
14:20 Prashant : will get out at 660
14:20 Uttam : can do 200+ again that CE looksl ike
14:20 Uttam : but all out now
14:20 Prashant : pls oblige 🙂
14:21 Surya ganti : bnf near vwap
14:21 Shai : 32212 buyers seem keen in BNF
14:21 Shai : new energy there
14:22 MJ : haan chief.
14:22 Uttam : yes Shai that IB is good & has 0s right at 32260
14:23 MJ : @S saw 280+ we have that big 406 guy? (14:12) MJ : @sadees better those 0s at 280 levels to watch.
14:23 Uttam : 32490 to banta hai
14:23 Ankush Jain : Shai 14615 supp for NF?
14:23 Uttam : take it above vwap and sustain
14:23 Shai : 14580 supp
14:26 Uttam : boom boom
14:26 Uttam : 200 here in that 14500ce
14:26 Uttam : 32490 aaya ?
14:26 Uttam : BNF
14:26 Uttam : (14:23) Uttam : 32490 to banta hai
14:26 Surya ganti : i see 488
14:26 Uttam : phirse dekho
14:27 Chandrashekhar : room charts stcuk.. so
14:27 Uttam : 14680 this time in NF?
14:27 MJ : 32500 ce and bnf 285-480 75% out.
14:27 MJ : (14:12) MJ : @sadees better those 0s at 280 levels to watch.
14:27 Prashant : 512 i tihnk
14:27 Mayur P : Shai what can we look for here? (14:21) Shai : 32212 buyers seem keen in BNF
14:27 Sadees : +1 MJ.. did chota BNF trade 32285 to 32375.. (14:23) MJ : @S saw 280+ we have that big 406 guy? (14:12) MJ : @sadees better those 0s at 280 levels to watch.
14:28 Ankush Jain : chrts stuck
14:28 MJ : Cheers guys!
14:28 Chandrashekhar : NF @ 30 min ref again…
14:28 MJ : bnf for dhi mangta merko.
14:28 Uttam : 14680 please
14:28 Uttam : aaya?
14:28 Uttam : to the dot
14:28 Uttam : je baat
14:29 Uttam : 32615 BNF?
14:29 MJ : nice trade S.
14:29 Uttam : above that 32733
14:29 Chandrashekhar : 740 in NF?
14:29 MJ : Kraken my boy!
14:29 Uttam : FA at lows in BNF
14:29 Uttam : 32007
14:29 MJ : UG that 625 can be rm marker?
14:29 Uttam : 14500pe had multiple rejectins at vwap today
14:30 Ankush Jain : SC?
14:30 Uttam : turning out to be a trend day down in it
14:30 Shai : 14757
14:30 Uttam : super sell that PE was @Shai +100
14:30 MJ : cheers shai
14:30 MJ : 550/580 hold was good too
14:30 Chandrashekhar : +1 MJ
14:31 Shai : 14640 sl into close
14:31 MJ : retailers are like gapdown hoke upar kasie gaya bjp hara but market upar kyu hai?
14:31 MJ : if everything was so simple 🙂
14:31 Uttam : (14:22) Uttam : yes Shai that IB is good & has 0s right at 32260(14:23) Uttam : 32490 to banta hai
14:31 Uttam : 32733 please now
14:31 Sandesh : aayega sirji
14:31 Uttam : chale chalo
14:31 MJ : Sandessssssh!
14:31 Uttam : 14752 2 IB in NF
14:31 MJ : bhaaai
14:32 Uttam : 32875 is 1 atr in BNF from todays FA
14:32 MJ : bolneka nai bola nahi tha /\ baba!
14:32 Uttam : so ref above 32733
14:32 Sandesh : @MJ, picked up 15K ce?
14:32 Uttam : 32490 downside level on watch
14:32 MJ : haan bhai
14:32 MJ : 164
14:33 Vishnu : ug fa 1 atr tgt?
14:33 Vishnu : tnx got ?
14:34 Shai : 4th IB BNF
14:34 Shai : 33170 BNF destinbation tgt
14:34 Uttam : +1 V
14:34 MJ : Super chief.
14:34 Amit null : +1
14:35 Chandrashekhar : any carry forwards Shai?
14:35 Ankush Jain : Sun TV did’nt like DMK winning 🙂
14:35 Sandesh : Patience 🙂
14:36 Shai : trade is for 14925 F
14:36 Sandesh : +1
14:36 Shai : can add if we are abv 14755 tom
14:36 MJ : Hamar hogaya intra wala (14:28) MJ : bnf for dhi mangta merko.
14:36 Shai : BNF swiped stops cos of that Kotak
14:37 MJ : they just robbed everyone in sl swipe today chief.
14:37 Uttam : aaya nahi abhi tak? – (14:31) Uttam : 32733 please now
14:37 MJ : else this 739 was G ka kaam.
14:38 Sumeet : Truly Kraken wala K
14:38 MJ : 🙂
14:38 MJ : satifying day.
14:38 Surya ganti : wow
14:38 Surya ganti : lots of profit booking i guess
14:39 MJ : -130 from here. (14:36) MJ : Hamar hogaya intra wala (14:28) MJ : bnf for dhi mangta merko.
14:39 Shai : mark this level for this week – (14:21) Shai : 32212 buyers seem keen in BNF(14:21) Shai : new energy there
14:39 MJ : yes bosss
14:39 Uttam : +100
14:41 Shai : 147 sl in 14600 ce tgt 222 cmp 175
14:41 Chandrashekhar : for today Shai?
14:41 Shai : yes 14757 cross will add 60 easy
14:42 Chandrashekhar : thanks
14:43 Porus : VIX jumped 50bps
14:43 Shai : call covering
14:44 Ankush Jain : 14700 ce under hammer?
14:47 Shai : Book the 14700 ce fpor now
14:47 Shai : 14600 CE
14:47 Shai : prem up at 68
14:47 Sumeet : that smattering of red spoiled the move
14:47 MJ : L to follow K? sumeet?
14:48 Shai : Anythin g near 14690 we buy
14:48 Favas : bnf long re entry level?
14:48 Shai : 32400
14:48 Favas : thnks
14:49 Shai : 14757 is critical for next leg up
14:49 Shai : don;t go too long here
14:49 Sumeet : haha would love it MJ… will nicely set up tomorrow too… right now no pos though
14:49 Himanshu : Bhai log – Seems all in green congress ..
14:49 Ankush Jain : Shai 14370 objective negated for now?
14:49 Himanshu : * Congrates
14:50 Himanshu : Congress to Dub gayi
14:50 MJ : Only congress not in greeen Himanshu.
14:50 Himanshu : BC – I want to see Sonia and Rahul Behind Bars
14:50 Arjun : this esclated fast 😉
14:51 Anand : charts stuck
14:51 Himanshu : Today Low is imp for series I guess
14:51 MJ : SC 😀
14:51 MJ : Arjun.
14:51 MJ : lol
14:51 Himanshu : though it’s early but – oh rly 32K was support – it respected – below it blood bath – like last month
14:51 Prashant : lol arjun..
14:52 Uttam : 32725 BNF…(14:31) Uttam : 32733 please now
14:53 MJ : Round 2 from that 514 guy. (14:36) MJ : Hamar hogaya intra wala (14:28) MJ : bnf for dhi mangta merko.
14:54 Chandrashekhar : 3 pm show coming?
14:55 Rajiv Ohri : vis BNF?
14:56 Chandrashekhar : if one moves the other would move i see…
14:58 MJ : Good day guys?
14:58 MJ : green wala?
14:58 Prashant : green to congress??
14:58 MJ : haha!! P
14:58 Shai : BNF can hold IBH
14:59 Surya ganti : 690 is here chief with 2 IS
14:59 Shai : wait for green
14:59 Prashant : is time there for that 690 dip buy?
15:00 Surya ganti : K period single correction yojana 😛
15:00 Sumeet : kya re Short Covering bas kya ?
15:00 KK : chalo bnf
15:00 Prashant : K singles holding
15:00 MJ : Okay smal trade 562 initiated ibh sl.
15:01 Shai : Aggriessive long sl of 14645 tgt 14757
15:01 Shai : cmp 14682
15:02 Sanjib : we may not be having time
15:02 Surya ganti : and order didnt trigger
15:02 MJ : bnf needs no time. It just needs space.
15:02 Sanjib : 🙂
15:02 Gopi : hdfc bank on fire ?
15:03 KK : now just trail
15:03 MJ : yes KK
15:03 KK : BNF monthly
15:03 MJ : 😀
15:03 Shai : 136 sl in 14600 ce
15:04 MJ : triple transition bars on nf top. Nf tu karlega na?
15:05 Shai : sl at 14690 now- (15:01) Shai : Aggriessive long sl of 14645 tgt 14757(15:01) Shai : cmp 14682
15:06 Shai : held to the tick- (14:58) Shai : BNF can hold IBH
15:06 Shai : Book NF 14710
15:06 MJ : yes boss /\
15:07 Shai : Bookj BNF also intra selling at white line
15:07 Sadees : thanks Chief.. did chota BNF trade from 32575 to 32645.. (15:06) Shai : held to the tick- (14:58) Shai : BNF can hold IBH
15:07 MJ : out chief.
15:08 MJ : shukraan! (15:00) MJ : Okay smal trade 562 initiated ibh sl.
15:09 MJ : M for higher high? anyone?
15:09 MJ : dvah hold mangta for that.
15:09 MJ : bnf.
15:09 MJ : Shai RM marker visit for future ref can happen? 31625?
15:09 Sumeet : superbly timed exit, Shai..
15:09 MJ : note that no?
15:10 Shai : naot carrying anything
15:10 Shai : will review if 14755 is crossed
15:10 Ankush Jain : apun bhi
15:10 Chandrashekhar : +1
15:10 MJ : pe sell out too bossman?
15:10 Mayur P : What an exit Shai. Amazing
15:11 Ankush Jain : 🙂
15:11 Shai : +1
15:12 Shai : exited
15:12 MJ : okay chief. thanks.
15:12 Ankush Jain : failure to cross 755 chief?
15:13 Shai : yes
15:13 Shai : that red is not given confidence to carry
15:16 MJ : shai these horizontal lines are amazing. new feature.
15:16 Shai : +1
15:17 Uttam : forcing late longs to get out
15:17 Shai : Buggers jumped the prem to 70 plus in that move
15:17 Uttam : that move to 14925 will not be a easy one looks like Shai 🙂
15:17 Ankush Jain : Any bugger indicator can be plotted?
15:17 Ankush Jain : 🙂
15:18 Shai : 🙂
15:18 MJ : This was perfect catch by those lines. (15:04) MJ : triple transition bars on nf top. Nf tu karlega na?
15:18 Shai : Hope all good here
15:18 Sag1 SAWANT : +1
15:18 MJ : yesyeyyes
15:19 Chetan null : yes
15:19 KK : 32200
15:19 MJ : KK kabhi?
15:19 MJ : Kal open?
15:19 Shai : That morning short which went wrong was an early reminder that buyers would control and hold 14540 ref
15:19 KK : support rahega
15:19 KK : Shai
15:19 Uttam : only CE trades today’
15:19 Uttam : 4 of them
15:19 Ankush Jain : +4]
15:20 Uttam : BNF wants to complete that 32733 tag before close?
15:20 Shai : had it plotted much before open – (09:03) Shai : 14540 will be the ref area for the opem
15:20 Shai : held once crossed
15:20 Uttam : +100
15:20 MJ : and DOP right at 541 chief.
15:20 Mayur P : +1
15:20 Shai : +1
15:20 MJ : kaise matlab kaise? karlete ho aap? 🙂
15:20 Shai : once we move to a 24 hour market all these open and close levels we have to forget
15:21 Swapnil : All commodities, sugar, coffee, rice stocks running today – and metals
15:21 Shai : work with strategies which do not need these
15:21 Uttam : +100 Shai
15:21 Shai : there is no value for a close or an open once we go 24×7
15:21 MJ : Shai that 24 market is like a dream. you see it happening anytime soon?
15:21 Surya ganti : will we be movign to a 24 hour market?
15:21 MJ : They showed hopes sometime back.
15:21 Uttam : in fact even now they do not matter much Shai open & close 🙂
15:22 Swapnil : MJ that 24 hour market will not allow us to sleep and dream 😛
15:22 Ankush Jain : soyenge kab aur dream kaise karenge
15:22 Shai : just saying when that happens, don’t be stuck with strategies which stop working
15:22 Uttam : what matter is Open Type and then OF
15:22 MJ : Yes, move on and upgrade when neede.
15:22 Shai : All the junta outside is dependent on the close of a candle
15:22 MJ : needed*
15:23 Ashwin : @MJ yes, green 🙂
15:24 KK : UG, 730 lao, have to book PE in bnf
15:24 MJ : cheers A.
15:24 MJ : charts are stuck ?
15:24 Uttam : 5 more mins KK
15:24 Sumeet : bnf almost trading at highs.. nf took a bit of a hit in that last half hour
15:24 Ashwin : Stay safe guys! See you tomorrow
15:24 Sumeet : ril and infy probaby dragged it down
15:24 Uttam : 32733 aayega
15:25 MJ : yes ril+it
15:25 MJ : infy*
15:25 KK : chart nahi hai..Blind khel rahe hain..aane do
15:25 Uttam : NEuX in BNF for second consecutive day
15:26 Sumeet : today bnf didnt do 1.5 ib
15:26 Himanshu : Tom again 32K will be tried is my guess
15:26 Uttam : 32733 aaya’
15:26 KK : yes.+1
15:26 Himanshu : that level is enticing for Bearrs
15:26 Uttam : woh to aana hi tha
15:26 Uttam : BNF ne itne pyar se jo bulaya
15:27 Sandesh : lol
15:27 MJ : bnf kardia (15:09) MJ : M for higher high? anyone?
15:27 KK : 500 PE from 490 to 425
15:27 Uttam : 1 ATR at open tom?
15:27 Uttam : good vols in BNF
15:28 Uttam : K period ext handle holding in NF
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Shai : tc all
15:28 Ankush Jain : thanks
15:28 Shai : Have a good evening
15:28 Sumeet : cheers guys,
15:28 Sumeet : happy evening
15:29 Shai : catch up tom
15:29 Shai : eyes at 14757 for crossover
15:29 MJ : bye all. yes bossman.
15:29 Shai : elese 146440- 1750 zone
15:29 Uttam : thanks Shai
15:30 Sandesh : (15:25) Uttam : NEuX in BNF for second consecutive day> gap up
15:30 Sandesh : (15:29) Shai : eyes at 14757 for crossover>>> gap up 🙂