Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.
Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF
BNF
Room Chat
08:56 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/233674061
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08:57 Vtrender Live : 5 min charts of BNF , password vtrender- https://zoom.us/j/8647754567?pwd=SThUUzhiaENTRzEwdjRGZ3c2OTFvUT09
09:00 Manikandan : gm all
09:01 Shai : GM all
09:01 Kaustubh : gm
09:02 Shai : ref line for the open at 10947- 10970 today which has the 0’s and the extension player of yesterday
09:02 Shai : support came at 10885 yesterday which is the vwap of Juky positional buyers
09:03 Shai : new sellers versus old buyers is the equation
09:03 Shivakumar : Happy Morning to everyone
09:03 Aditya09 : gm all happy tradding
09:03 Shai : expect a consolidation between 10848 and 10975 today before the next leg gets underway this week
09:04 Raveendra : gm all
09:04 Giridhar Gowravajhal : GM all !!!
09:04 Avinash : GM everyone
09:04 Shai : BNF closed weak again yesterday and is the weaker of the 2 indices
09:05 Shai : will remain weak below 21350 F now
09:05 Shai : 21580 is the higher seller
09:06 Giridhar Gowravajhal : Shai, FII’s bought 7800 cr yesterday. Anything’s there to infer ?
09:06 Uttam : Good Morning All 🙂
09:07 Ankush Jain : 10500 Bandhan bank block deal in that figure
09:07 Ankush Jain : 10500 cr
09:07 Shai : yes
09:07 Giridhar Gowravajhal : oh ok
09:07 Ankush Jain : so they are net sellers for 2700 cr
09:08 Uttam : huge bearish data from FIIs in derivatives though yesterday
09:08 Uttam : both in futs as well as options
09:08 Shai : regardless, cash is a higher time frame move. Don’t mix it with waht can happen next day. They have a 6 month horizon minimum versus us who trade for 6 hiours !
09:10 Himanshu : Gm All
09:11 Tejpreet : GM All.
09:16 Chandrashekhar : GM all
09:16 Anuj : GM everyone
09:17 Ankush Jain : OAIR?
09:17 Rahul : Morning everyone.
09:20 Sadees : GM UG – Pls share BNF hypos on upside
09:21 Shai : Aggressive open trade work with 55 sl in 10900 pe cmp 63 tgt 80
09:21 KK : upside..I would be interested downside hypos ?
09:21 Uttam : @Sadees Hypos posted in tab2
09:21 Shai : 🙂
09:21 KK : will it go beyond 21K..and touch that 20886
09:21 Rajesh : very low 15 min volume in nifty?
09:22 Uttam : 7 more mins left
09:22 Prashant : speedo below 100
09:22 Uttam : OAIR looks like
09:23 Shai : Speedo should be fine from today as it compared Today;’s volumes with upto Thursday
09:23 Shai : previously the vol wa slower in aug compared to July as rolls happened wed and thurs
09:23 Shai : 400% readings would be out for now
09:24 Shai : Again just using the 0’s of yesterday in the OF to work this out- (09:21) Shai : Aggressive open trade work with 55 sl in 10900 pe cmp 63 tgt 80
09:25 Rahul : +1
09:26 Shai : 72 book half – (09:21) Shai : Aggressive open trade work with 55 sl in 10900 pe cmp 63 tgt 80
09:26 Shai : sl at cost on rest
09:26 Ketan : +1 shai
09:27 Ashwath : +1
09:29 Vishnu : + shai
09:30 K2dt : 89-105 10950pe thnx chief
09:31 Shai : tgt done- book full- (09:21) Shai : Aggressive open trade work with 55 sl in 10900 pe cmp 63 tgt 80
09:31 Sadees : +1 shai
09:31 KK : +1
09:31 Boppanna : +1 Shai clean trade
09:31 Manikandan : +1 Shai
09:31 Shai : 10913 will be our lower ref now
09:31 Govind : Super trade Shai!
09:31 Shai : we add below 10913 only in B
09:33 Shai : watch for volume below 21064 in BNF
09:34 Ankush Jain : .data is lagging a bit
09:34 Ankush Jain : maybe 30 seconds
09:41 Uttam : IS fialing & now IB at vwap in NF
09:41 Uttam : though bar yet to completed
09:42 Uttam : 42k red at 10948
09:42 Shai : 81.9 in the PE and back down
09:42 Uttam : yVWAP there
09:43 Uttam : needs to be taken out for a 10970 test
09:43 Uttam : sorry 42k green
09:44 Shai : A done
09:44 Shai : 10985 highe rref level
09:45 Shai : open auction
09:45 Uttam : BNF yvwap at 21267
09:45 Uttam : level to watch in it
09:45 Shai : potentail fill between the 2 distributions
09:45 Fenil : Thnanks UG
09:45 Uttam : 10900ce from 108.5-120 50% booked
09:47 Ankush Jain : 4 greens in 9:30 bar was a potential long?
09:47 Uttam : 10970 done – (09:42) Uttam : yVWAP there(09:43) Uttam : needs to be taken out for a 10970 test
09:47 Uttam : reds coming here
09:48 Uttam : booked all
09:48 Uttam : though looking good for more
09:48 Uttam : 21260 BNF
09:50 Shai : hdfc bank?
09:50 Rahul : got approval for new MD
09:51 Shai : 🙂
09:51 Himanshu : 1 DT doen – 20900 – 184 – 139
09:52 K2dt : congrats H
09:53 Prashant : Is there a particular reason for trading an upmove through a short put side?
09:53 Prashant : @himanshu
09:53 Himanshu : Checking supply
09:53 Himanshu : so but has to be quick
09:54 Himanshu : as we are still OAIR
09:54 Himanshu : saw IB
09:55 Shai : yes . he has a lot of capital 🙂 🙂 – (09:53) Prashant : Is there a particular reason for trading an upmove through a short put side?
09:55 Shai : j/jk
09:55 Shai : open auction guys – 10914- 10985
09:55 K2dt : lol chief
09:55 Ankush Jain : 10950 ce pe can work?
09:56 Uttam : 🙂 Shai
09:56 Avinash : Shai whats the min vol on a bar for IB IS
09:56 Uttam : both so far between the 2 HVNS of yesterdays DD profile
09:57 Uttam : 10970-10918 in NF & 21350-21180 in BNF
09:57 Shai : 21375 my higher watch in BNF along with 21064 given earlier
09:58 Shai : no- It is relative volume – (09:56) Avinash : Shai whats the min vol on a bar for IB IS
09:58 Shai : I mean based on relative volumes
09:59 Uttam : C side coming in gboth looks like on up
09:59 Avinash : Tx
10:03 Uttam : 3 IBs in both
10:03 Seshadri : 3 IB in a row
10:04 Shai : hdfbank and RIL ready to do a job on bears today
10:04 Shai : stay guarded
10:05 Himanshu : Chief – yes
10:05 Shai : RIL abv 2070 today will march up more
10:05 Shai : hdfcbank open drive up
10:05 Himanshu : Maruti also 100 UP
10:06 Shai : https://mplite.vtrender.com/?symbol=HDFCBANK&tf=daily&tpo=1&sp=1&startDate=&endDate=&nDays=8
10:09 Aditya09 : stuck?
10:09 Seshadri : yes
10:10 Shai : 10900 ce looking for a jump to 140
10:10 Shai : charts up?
10:11 Ashwath : yes
10:11 Avinash : y
10:11 Ashwath : zoom n room one is good
10:11 Uttam : yes charts back
10:13 Shai : 20 point swipe can come abv 10985
10:14 Uttam : (09:59) Uttam : C side coming in gboth looks like on up
10:15 Govind : C side in HDFB already
10:15 Uttam : cool
10:15 Uttam : and RIL 😉
10:15 Govind : other Big 4 are sideways, not joining the rally
10:16 Uttam : IB ext setup for them 😉
10:16 Govind : RIL is close enough Uttam
10:16 Uttam : thanks gov
10:16 Govind : RIL needs to get above PDH and then IBH
10:16 Uttam : Gov*
10:18 Shai : Avoid now- exit if in 10900 ce
10:19 Shai : we allow it time abv 10985/ 21375
10:21 KK : reliance attempt at IBH would be good..mplite shows 2068 as high vs 2058 in Kotak..
10:21 Govind : RIL now does C ext
10:21 KK : I have been trading seeing MPlite, probably intraday numbers might be confusing there
10:22 Uttam : good job Gov 🙂 keep goijg
10:23 Jitender : 330 imp in bnf
10:23 Shai : swipe
10:25 Shai : C in RIL also
10:26 Avinash : That bar has high vol
10:26 Avinash : RIL
10:26 Ashwath : BNF spot vs fut was +50 in the morning, around Shai’s 350 got a RS and started reducing premum now in -10..
10:27 Ashwath : observation.
10:27 Jitender : 240-250 had 33k+ greens below (10:23) Jitender : 330 imp in bnf
10:28 Shai : 150 doable now in 10900 ce
10:28 Shai : sl of 115
10:28 Karthik : What is swipe? (new member)
10:29 Anuj : 65-80 11000 ce
10:29 Amit Jain : tinder swipe karthik 😉
10:31 Shai : swipe 2
10:31 Kaustubh : are those red stuck in NF above vwap?
10:31 Uttam : done – (09:59) Uttam : C side coming in gboth looks like on up
10:31 Uttam : boom boom
10:31 Shai : 149
10:31 Uttam : 11000ce from 76-82.5
10:31 Vishnu : +1
10:31 KK : +1 Shai
10:31 KK : half booked
10:31 Ketan : +super shai for the swipe
10:32 Siddharth null : +1
10:32 Shai : saw some weird activity in teh 10900 ce from 10.10 = (10:10) Shai : 10900 ce looking for a jump to 140
10:32 Uttam : 0s from 10995-11004 where there is a 1.3L red
10:32 Uttam : SL
10:32 Jitender : +1 Shai
10:32 Uttam : je baat’
10:32 Uttam : boom boom bole
10:32 Uttam : BNF 0s from 21350-21390
10:33 Uttam : 80k red
10:33 Sumeet : Must be SL placed at previous week low?
10:33 Jitender : gave DT….2 trades…(10:27) Jitender : 240-250 had 33k+ greens below (10:23) Jitender : 330 imp in bnf
10:33 Uttam : big C side in NF
10:34 Uttam : BNF C side same as yesetrday C side highs
10:34 Uttam : Jul RO point 21430 that was
10:34 Uttam : 1.5 IB done in NF
10:34 Uttam : 11055 next ref
10:35 Shai : 10985/ 21350 now supp
10:35 Vishnu : ro point 21615 ?
10:35 Vishnu : hvn shows as 21430
10:36 Uttam : (10:34) Uttam : Jul RO point 21430 that was
10:37 Uttam : Aug RO at 21615
10:37 Sunder : RO?
10:37 Uttam : Roll Over
10:37 Vishnu : ok
10:37 Sunder : ok
10:38 Karthik : C side?
10:39 Vishnu : no c has vol and did 1.5 ib
10:39 Uttam : @Karthik have you gone through the training library videos?
10:39 Uttam : C side is a trade set up we look to trade
10:40 Boppanna : Shai BNF 5 min refresh pls
10:40 Karthik : Oh, I will go through them
10:40 Rajesh G : ug what is RO point
10:41 Rajesh G : rollover ok
10:43 Uttam : BNF taking sup in that zone of 0s
10:43 Uttam : same in NF
10:43 Sadees : UG – If BNF comes back to IB range in D, then it is called C side dhoka?
10:43 Uttam : @Sadees the rejection has to be swift
10:43 Uttam : we are confortably above IBH
10:44 Uttam : 21515 is 1.5 IB in BNF
10:44 Uttam : 21513
10:44 Uttam : 21580 is the seller Shai was telling in the morning plus a VPOC also
10:45 Anuj : NF has amost covered the yesterday singles
10:45 Uttam : yes today’s high right below prev week;s low
10:45 Himanshu : ACD – 21408 – UG from Yday level in mp chart
10:45 KK : +1 UG.reentered 11K.unless RIL breaks IBH , we are on..
10:45 Himanshu : its reversing – VWAP touch
10:45 Uttam : above 11030 NF can go for that vpoc of 11092
10:45 Uttam : RO point also right there
10:46 Shai : Intra- Buy NF 11106 sl of 10981 tgt 111069. Trade with 50% size
10:47 Shai : war on baby bears today
10:47 Shai : let’s watch the fun
10:47 Uttam : 🙂
10:48 Jitender : thoose trading bnf…ID..wat level was that 54k stuck yday…and it created high fr rest of the day tere ?
10:49 Vishnu : yes
10:49 Tejpreet : Shai ID sl for longs to kill the BB .
10:49 Rajan : @ Jit – 21405??
10:50 RiteshM : 425
10:50 RiteshM : 425
10:50 Sumeet : 21430 I think
10:50 Jitender : ys 435-430
10:50 Jitender : see the POC/RS tere in 10.35 bar
10:51 Uttam : going to be takne out
10:51 Rajiv Ohri : JIT zero there in the 10.30 bar. Are they relevant
10:51 Uttam : lets have a D period RE
10:51 Jitender : above 430…we get 550
10:51 Jitender : below 330 / 240-50 supp
10:51 Nirmal : RE in D period 10.45 onwards good durable spiike
10:52 Nirmal : yet to cross C high
10:52 Shai : (10:35) Shai : 10985/ 21350 now supp- (10:35) Shai : 10985/ 21350 now supp
10:53 Jitender : dont pre empt anythn guys..trade safely…yday we saw hw noise/ pre emption gt stuck
10:53 Uttam : greens in both
10:53 Jitender : Rajiv Ibh/370-80 zone is minor supp
10:54 Jitender : coz of zero’s
10:54 Rajiv Ohri : Thanks
10:54 Shai : 11022 reduce, sl at 11004 now- (10:46) Shai : Intra- Buy NF 11106 sl of 10981 tgt 111069.
10:54 Jitender : in a trending day…all lvls wrk
10:54 Shai : risk free
10:54 Jitender : real trading is wen u spot divergences
10:54 Shai : mind the risk still guys
10:54 Jitender : even a broken clock is rite twice a day 🙂
10:54 Jitender : +1 Shai
10:54 Anuj : +1 Jit
10:55 Rahul : Superb Jit
10:55 Chintan : +1 jit
10:55 Chintan : +1 shai
10:55 Shai : RIL + hdfc doing 106 points in NF off the 140
10:56 Shai : there is northing else there
10:56 Shai : hdfc is the other 30
10:56 Shai : that’s 136 between 2 groups
10:56 Rahul : as always
10:56 Anuj : index management
10:56 Fenil : RIL stalling at 2070 levels..but stucture looks good
10:56 Jitender : just 2 running
10:57 Jitender : n icici sum wat
10:57 Sanjib : What happened to BHARTIARTL suddenly?
10:57 Shai : 11004 sl- now
10:58 Siddharth null : ?
11:01 Uttam : dPOC shiftign to 21400 in BNF
11:01 Uttam : prev week low
11:01 Kaustubh : what is OP+/- RA
11:03 Uttam : that is a range calculated on current vix I guess and works like important reference to watch like the 2 standard deviation bands
11:04 Kaustubh : but it is way below the cmp
11:04 K2dt : need to clear weak highs in NF
11:04 Kaustubh : if its a range it should be within the cmp right
11:04 Uttam : open was 21300
11:05 Uttam : so based on that it gives upper & lower level
11:05 Uttam : the vwap bands are more important zone that ways
11:06 Kaustubh : thanks UG
11:06 Uttam : 🙂 +1
11:06 Kaustubh : what are the last two represent in the blue box
11:06 Uttam : the 2 std dev vwap bands
11:06 Kaustubh : got it
11:07 Kaustubh : thanks again UG really helpful
11:07 Uttam : _/\_
11:08 Shai : 5 mins to cross 11022
11:09 Prashant : Is it possible to have vwap+- 1 s.d here somewhere in the box please.
11:09 Shai : check lower part of box
11:12 Shai : exit the longs\
11:12 Shai : we are flat now
11:13 Uttam : first IS in BNF
11:14 Uttam : at IBH here
11:16 Uttam : 10985 & 21340 need to hold else could form bell for the afternoon
11:20 Himanshu : Seems 20K Red taken out
11:20 Himanshu : SL of it
11:20 Uttam : 2nd instance of IS failing in NF today
11:21 Uttam : dPOC shifts higher in NF also now
11:21 Uttam : 11016
11:22 Uttam : 2.5L red
11:22 Ankush Jain : and 0s
11:22 Uttam : BNFs turn now
11:22 Uttam : 51k red in it
11:22 Himanshu : BC – 252 Red taken out
11:23 Shai : 11100 doable by close
11:23 Shai : sl remains the same fdor a swing view
11:24 Siddharth : SL 11004?
11:25 Ankush Jain : what are these 2.55 lk reds in NF?
11:25 Ankush Jain : Some SL?
11:25 Shai : that trade was closed
11:25 Fenil : Does Red COT + IB = shorts covered?
11:25 Tejpreet : Looks like most greens of yesterday booking out …2.5l red
11:26 Fenil : or long covered?
11:26 Shai : we buy dips
11:26 Shai : missed this last one\
11:26 Shai : but this market now good
11:27 Shai : This is the bias now into clsoe – (10:52) Shai : (10:35) Shai : 10985/ 21350 now supp- (10:35) Shai : 10985/ 21350 now supp
11:27 Shai : stay bullish abv it
11:28 Siddharth null : ok
11:30 Uttam : (10:34) Uttam : 1.5 IB done in NF(10:34) Uttam : 11055 next ref
11:35 Shai : Buy NF 11033 sl of 11012 tgt 11060
11:38 Shai : if 103 is crossed in 11000 ce good for 40 more to 11143
11:38 K2dt : 11100 ce chief?
11:39 Fenil : Chief sl for 11k CE?
11:40 Shai : 74 – that is view till 3.30
11:40 Fenil : thanks
11:40 Shai : till then we will keep picking points in between also
11:40 Uttam : NF completed this hypo – a) NF needs to sustain above 10918 for a rise to 10932-947 / 10970-995 & 11019-045
11:41 Ankush Jain : we need to move above 11045 for next step
11:41 Uttam : BNF did exact mid of this one – a) BNF needs to sustain above 21180 for a rise to 21240-267 / 21318-420 / 21500-580 / 21650-690 & 21765
11:41 Uttam : 21495
11:53 K2dt : not a textbook trend day right UG? dpoc shifting up in NF
11:54 Uttam : OTF up in both since open
11:55 K2dt : yes UG bias is up +1
11:55 Uttam : has been absorbing supply and moving higher so slow probe
11:55 K2dt : thnx UG
11:55 Uttam : OTF stopping will be the first sign to get cautious about longs
11:56 K2dt : +1
11:58 Uttam : NF has already confirmed a wqeekly FA at 10883
11:58 Uttam : BNF does the same above 21550
11:58 Shai : 11055 book half- (11:35) Shai : Buy NF 11033 sl of 11012 tgt 11060
11:58 Govind : +100 Shai
11:58 Shai : sl at 11030 on rest
11:58 Shai : Anyone why we got an entry at 11033??
11:59 Arjun : above yesterday A ?
11:59 K2dt : dpoc?
11:59 Ankush Jain : above 0s?
11:59 Fenil : poc
11:59 Shai : 0’s
11:59 Ankush Jain : and that big red
11:59 Uttam : done to the dot – (10:34) Uttam : 11055 next ref
11:59 Uttam : 11055.05 high in NF so far
12:00 Shai : we buy tyhe next dip in I
12:00 Shai : looking at 11100 by close
12:02 Rajan : Uttam – what is teh ATR value for weekly NF FA??
12:04 Uttam : 451 Rajan
12:05 Uttam : 1atr tgt comes to 11334
12:05 Ankush Jain : Shai what is RO point 11095?
12:05 Uttam : roll over point is where max vols came on exiry day
12:06 Rajan : Thanks Uttam. Going to July high again 🙂
12:06 Ankush Jain : ok, got it
12:07 Shai : All having a good day here?
12:07 Uttam : always Shai 🙂
12:07 RiteshM : y
12:07 Ankush Jain : +1
12:07 Shai : 🙂
12:07 Nirmal : +1
12:07 Manthan Thakkar : Yes Shai 🙂
12:07 Shai : And to think we made money off a put at the open 🙂
12:07 Uttam : 🙂
12:07 Ankush Jain : he he
12:08 Ankush Jain : baby bears !!!
12:08 Aditya09 : yes shai
12:08 Shai : 🙂
12:08 Ashwath : 🙂
12:08 Anuj : yes shai
12:08 Sylvester : +1 Shai
12:08 Shai : 11063 is come- 47 more
12:08 Kaustubh : +1 shai
12:09 Shai : tgts done – (11:35) Shai : Buy NF 11033 sl of 11012 tgt 11060
12:09 Uttam : +1
12:09 Shai : but ride some at 11030 cost price
12:09 Uttam : BNF needs to move
12:10 Uttam : not yet tagged the 1.5 IB too
12:10 Uttam : whereas NF has done 2 IB
12:10 Uttam : 4 more mins for F to end
12:10 Uttam : new hgihs coming?
12:12 Shai : can book here NF
12:13 Shai : And keep a buy abv 11071 for 11110 sl would be 11049
12:13 Shai : next leg abv 11070 and 21540 BNF
12:13 Sylvester : Shai the 11000 CE NF?
12:18 Shai : book for now- we buy the dip next
12:19 Sylvester : ok Shai
12:27 K2dt : today IBs have declared war on ISs chief 🙂
12:27 Shai : lol
12:27 K2dt : 9:1 😀
12:27 Shai : 1 part still left I feel
12:28 K2dt : +1 chief
12:28 Shai : good you are keeping count- (12:27) K2dt : 9:1 😀
12:28 Uttam : BNF just did a warm up looks like Shai 😉
12:28 Shai : I have a book I maintian on it at close
12:28 Shai : everyone should also
12:28 Vishnu : +1
12:28 K2dt : 🙂 i track live chief with frequency markers we do in stats
12:29 Shai : +1
12:30 Aditya09 : what count is this cheif?
12:30 Shai : RIL sutging
12:30 Jitender : K2 u & Chandra are doing superb…#the new Eagles…keep it up+1
12:30 Shai : +1
12:31 K2dt : that is a wonderful compliment from a master 🙂 thnx Jit
12:31 K2dt : thnx chief 🙂
12:31 Uttam : +1000
12:31 Vishnu : bnf struglling with a period of yesterday
12:31 Shai : he is keeping a count of IB against IS- (12:30) Aditya09 : what count is this cheif?
12:31 Shai : more IB stronger the trend
12:32 Ankush Jain : We buy abv 11070?
12:32 Shai : that’s how we pick reversals
12:32 Uttam : and both the IS in in NF & BNF failed
12:32 Uttam : OTF stopped in BNF can give a vwap test
12:32 Aditya09 : ok will also do it from today
12:32 K2dt : nf DH 69.7 .. on chief’s orders to not cross 70 yet 🙂
12:32 Kaustubh : do you also view that for weekly and monthly and to observe OTF’s?
12:34 Shai : Arre not my orders, I just follow what the market does. remmeber the bounce from 11070 all prior weekj?
12:34 Shai : I just mark it on charts
12:34 Shai : we are bullish if we close abv 11111
12:35 K2dt : on a light note chief 🙂 yupp remember that bounce
12:35 Ankush Jain : thats quite a figure
12:35 Shai : we shoumkd see 11265 again then
12:35 Shai : remember 11265 from expiry day?
12:35 Vishnu : +1 shai
12:35 Ankush Jain : yes
12:36 Shai : that is where the leg down begain
12:36 Uttam : SOC
12:36 Nirmal : scene of crime
12:36 K2dt : ohh yes
12:36 Shai : will trade for 11265 if we cross abv 11110
12:36 Shai : simple math
12:38 Nirmal : shai today open was oAIR right ? then we have D extension
12:38 Shai : yes
12:39 Uttam : NF also did 2 IB
12:39 Uttam : BNF is the one which is lagging
12:39 Shai : now a trend day
12:39 Vishnu : yes
12:39 Ankush Jain : Is it ORR?
12:39 Uttam : Bops getting his hammer to the party?
12:41 Nirmal : trend day we shud see 2x IB. = 11140
12:41 Nirmal : 72 pt range for IB
12:42 Uttam : 70 ppoint IB & 157 point day range so far Nirmal
12:42 Uttam : so 2 IB done
12:42 Uttam : 11121 is 3 IB
12:42 Uttam : 11051 was 2 ib
12:42 Fenil : late longs getting kicked?
12:43 Rahul : fianlly
12:43 Uttam : (12:32) Uttam : OTF stopped in BNF can give a vwap test
12:44 Ketan : +1 uttam
12:45 Nirmal : got it uttam thanks sir
12:45 Rajesh G : ug how did u say it has stopped
12:45 Uttam : F did not make higher high
12:46 Nirmal : 2x done ..wer waiitng for 3 IB another 11051+70= 11121
12:46 Nirmal : approx
12:46 Nirmal : got it sir many many thanks
12:46 Uttam : no sir please N _/\_
12:46 Nirmal : yes uttam my pal
12:46 Nirmal : my buddy
12:46 Uttam : lol
12:46 Fenil : +100 UG — caught that move because of u
12:46 Nirmal : 🙂
12:46 Fenil : Thanks
12:46 Uttam : congo Fenil
12:47 Rajesh G : rhanks UG
12:47 Uttam : 🙂 +1 Rajesh
12:51 Fenil : bnf to vwap?
12:52 Uttam : that 41k red at 21390 holding for now
12:52 Uttam : that goes can do 21300
12:52 Nirmal : so shai sir ..1.15-145 I period enter into pullback and ride the trend day till 3 pm o r 3.10 pm
12:52 Nirmal : right?
12:54 Ankush Jain : u again used sir. jawaab nahin aayega
12:55 Ankush Jain : 🙂
12:56 Rahul : some nice melting
12:58 Rahul : Yesterday gapped filled
12:59 Nirmal : arre bhai ..aap log sabhi sir ho..main MP me bachcha hune abhi
12:59 Nirmal : aap log main baap log ho
13:00 K2dt : 61.5-67 11000pe doneon that rs+is
13:01 Rahul : now stallinmg at PDH
13:01 K2dt : dpoc there Rahul..need big force to take it out
13:01 Anuj : pullback done
13:01 Anuj : ?
13:03 Rahul : yes K2 agree
13:03 Himanshu : .3 DT – 22000 CE – 84- 83
13:03 Himanshu : 84- 63
13:04 Jitender : +1 H
13:04 Himanshu : Thx – Jit
13:05 Himanshu : PLR is stil up ?
13:05 Himanshu : Jit – UG
13:05 Uttam : A period singles
13:05 Uttam : BNF waking up
13:05 Uttam : IB
13:06 Uttam : stopped right at vwap 21350
13:06 SandeepP : bnf may close at 21650 gap close ?
13:06 Himanshu : IBH
13:06 Uttam : (12:32) Uttam : OTF stopped in BNF can give a vwap test
13:06 Himanshu : that is’
13:07 Shai : up fotr 11070 again
13:07 K2dt : chief said bnf will follow hdfcb if it is strong 8 or 9/10 times
13:07 Uttam : lets get BNF into beast mode now
13:07 Shai : just stepped out for a few seconds and you guys finished the dip?
13:07 Uttam : 🙂
13:07 K2dt : haha
13:08 Shai : 11030 is vpoc/ 0’s / pdh/ pwl
13:08 Ankush Jain : RB + IB , buy here or we wait for 11070?
13:08 Jitender : Himanshu (10:53) Jitender : Rajiv Ibh/370-80 zone is minor supp
13:08 Shai : up for 11070 from there
13:08 Uttam : BNffff hammer time
13:08 Uttam : keh ke lena
13:09 Aditya09 : rb +ib
13:10 Uttam : no new hgihs still
13:12 K2dt : reserving spike for J UG?
13:12 Uttam : need to ask Bops that
13:12 Uttam : he has the rights over the hammer
13:13 K2dt : pl do the needful Bops 🙂
13:13 Jitender : K2….twice pre emption to brk has help 480ish lvl…..wile btfd has played out….
13:13 Boppanna : H is over now if Shai makes that 540 happen in I will be nice
13:14 Jitender : theese greens at 440 r now key
13:14 Boppanna : +1 Jit
13:14 Uttam : boom boom BNF
13:14 Uttam : bola the beast mode could get on
13:14 Jitender : tere we go
13:14 Uttam : hows the josh
13:14 Uttam : 1.5 IB done
13:14 K2dt : +100 Jit
13:14 Ankush Jain : UG they say High Sir
13:14 Jitender : 532 high (10:51) Jitender : above 430…we get 550
13:14 Ankush Jain : ab issme SIr aa gya
13:14 Jitender : play as per levels 🙂
13:14 Uttam : 21550 and 21580 nikalo
13:15 Jitender : 2x thru on DT
13:15 Sumeet : I swear, Uttam, you have a nose for this
13:15 Jitender : u guys remember my 640 n 840 🙂
13:15 Jitender : *540
13:15 Sumeet : dt done with that spike
13:15 Boppanna : looks like offloading in BNF
13:15 Uttam : 87k red right at 1.5 IB level
13:15 Jitender : yh ..magic lvl
13:15 Shai : I here
13:15 Uttam : you are always here Shai 🙂
13:16 Uttam : je baat
13:16 Shai : lol
13:16 Shai : we buy abv 11079
13:16 Jitender : abv 540 real sc starts
13:16 Ankush Jain : ok
13:16 Uttam : in a flash
13:16 Uttam : timing – (13:07) Uttam : lets get BNF into beast mode now
13:16 Ankush Jain : 1.29 lkh SL?
13:16 Uttam : 100 pointer in less than 5mins
13:16 Ketan : +1 jit on lvls
13:16 Ketan : +1 uttam
13:17 Uttam : 21500ce from 232 to 296 50% out
13:17 Anuj : +1 Uttam
13:18 Shai : o’s abv 11070
13:18 Shai : Algos are confused today
13:18 K2dt : +100 UG
13:18 Jitender : another magic level 11070
13:18 Uttam : a) BNF needs to sustain above 21180 for a rise to 21240-267 / 21318-420 / 21500-580 / 21650-690 & 21765
13:18 Uttam : beautiful acution in BNF
13:18 Uttam : levels rock
13:18 Uttam : 21581.95 high so far
13:18 Shai : Buy NF abv 11079 sl of 11050 tgt 11110. Buy abv only
13:18 Uttam : weekly FA confrims in that as well
13:18 Jitender : tey r bookin regularly (13:18) Shai : Algos are confused today
13:19 Shai : will bring that Sl up once we get somne volumes
13:19 Uttam : going for the RO point of 21615
13:19 Shai : for now we trade abv o’s only
13:19 Tejpreet : Shai alerted in morning …sold neighbours house and now gave the keys back to him with 3 dt in pocket 🙂
13:19 Uttam : congo Tej
13:20 Uttam : now you can buy 3 houses 😉
13:20 Tejpreet : my dt is not like the other LLT in room 🙂
13:20 Manikandan : +1 Tej!
13:20 Tejpreet : tks guys
13:21 K2dt : Tej being humble.. congrats Tej
13:22 Uttam : rest out at 280
13:22 Uttam : next trade post 2:!5
13:22 Uttam : will be back in a while
13:22 Tejpreet : congrats uttam and all green mtm in room
13:23 Sumeet : quite a solid red in nf
13:23 Jitender : yes
13:23 Shai : 1 more test of 11030
13:26 Himanshu : Leant one thing – In order to play contra toda for .3 DT – lost chance of VVWAP test and H drive up
13:27 Himanshu : now will keep this in mind
13:27 Himanshu : 21500 PE gave clue early in the mornng – with Option MP chart
13:28 Himanshu : Below 492 – Was sell
13:28 Vishnu : +1 tej
13:28 Shai : this is imp- (13:23) Shai : 1 more test of 11030
13:29 Shai : if does not hold prepare for 11000
13:29 Anuj : vwap test then
13:32 Himanshu : UG – who could be at 92K red at 21510
13:32 Himanshu : I keep thinking this –
13:33 Shai : 10030 wala o’s have been countered
13:33 Shai : stay fluid now guys
13:33 Shai : we trade off 11030 / 11070
13:34 Shai : let it settle the zone
13:34 Shai : once more imp of 0’s
13:34 Ankush Jain : ?
13:34 Shai : cannot underline it more
13:34 Boppanna : BNF as well did that POC of Friday
13:34 Boppanna : *test
13:35 Anuj : begins
13:35 Shai : quick short in NF below 11027 sl of 11057 tgt 11000/ 10985. short below only*
13:35 Shai : small size
13:35 Shai : save your day profits
13:35 Shai : Avoid the NF buy abv for now
13:37 Jitender : bnf 543-450 booked…..
13:37 Jitender : 540 magic lvl
13:37 Shai : 6 mins will hold this
13:37 Jitender : tats why i say dont pre empt..always react 🙂
13:37 Chintan : congo jit
13:37 Rajesh G : yes jit
13:38 Ketan : +1 jit
13:38 Anuj : +1 jit
13:39 Rajiv Ohri : Shai are the shorts in?
13:39 Jitender : tx guys
13:39 Himanshu : Chief you meant to say – NF 11030 Zeros are contested by 11070 Zeros ? right
13:40 Tejpreet : +1 Jit
13:40 Govind : Congo Jit
13:40 Shai : yes H
13:40 Himanshu : Congo JIt
13:40 Himanshu : Thx Chief
13:41 Jitender : tx gentlemen
13:41 Shai : 11045 sl for those who got triggered
13:41 Shai : balance go below 11027 only
13:44 Shai : exit the short trade – NF
13:44 Shai : stay out
13:45 Shai : flat again
13:45 Shai : was looking for a quick 20 pointer tio vwap
13:46 Rajiv Ohri : Should break it the third time if it gets there
13:46 Shai : complex now
13:49 Fenil : they are saving the move for 2:30 😀
13:49 Himanshu : BNF roatating Between PWL an dPDH
13:49 Himanshu : PDH
13:51 Himanshu : Chief – BNF seems longs booked out – ?
13:51 Rajesh G : shai we are out of trend day
13:53 Shai : yes trend day got cancelled out as 11070 is not taken
13:54 Shai : Plus those 0’s are completion of auction
13:54 Rajesh G : ok
13:54 Rajesh G : thanks shai
13:54 Shai : we had half a chance to go abv 11079
13:54 Shai : And a good chance to go below 11027
13:54 Shai : both not done – so now we wait
13:55 Shai : 11027 is pullback low by the way
13:56 Anuj : 11070 shai we should wait for few ticks above it to go long right?
13:56 Anuj : a 10 point zone a safe to decide
13:56 Shai : (13:16) Shai : we buy abv 11079
13:57 Anuj : okk thnx shai
13:57 Shai : And this test wa sdone- (13:23) Shai : 1 more test of 11030
13:57 Tejpreet : +1
13:57 Shai : we just have to wait now
13:57 Vishnu : +1 shai
13:57 Shai : or play between 11027- 11070
13:58 Uttam : funny looking profile in BNF on daily bit a nice 2-day balance
13:58 Uttam : top heavy
14:00 K2dt : expect action in K .. UG ?
14:00 Nirmal : killer
14:00 Uttam : yes spike possibility there in both
14:01 K2dt : +1
14:14 Uttam : K starts from the prominent POC of 21450
14:14 Uttam : except IB all TPOs there
14:15 Shai : K in
14:15 Shai : still 11026- 11079
14:15 Uttam : give a nice spike Shai 🙂
14:18 Uttam : (13:22) Uttam : next trade post 2:!5
14:21 Shai : +1
14:21 Shai : for those who want to pre-empt
14:21 Shai : 11000 ce sl of 95 into clsoe
14:21 Shai : tgt can be 128 if 111 is crossed
14:21 Shai : same as 11079
14:22 Uttam : 21500ce 260-279 50% out
14:24 K2dt : +1 UG
14:25 K2dt : 69-76 11050ce
14:25 Uttam : rest our at cost
14:26 Uttam : 21500 combo building up for the RBI policy looks like
14:26 Uttam : both at 265
14:26 Uttam : @Tej
14:26 Govind : Congo Uttam and Kushal
14:26 Uttam : iraada kya hai bhai
14:26 Nirmal : when is rbi policy
14:26 Nirmal : 4 today ?
14:26 Uttam : 6th aur
14:26 Uttam : weekly expiry
14:26 Uttam : gonna be fun
14:27 Uttam : but more importantly set up the trend for the month
14:27 K2dt : thnx Gov
14:29 Tejpreet : Uttam bn has a 1000 pointer day coming up
14:29 Shai : RIL took out singles of 31st
14:30 Shai : on track for 2190 abv 2135 sl of 2014
14:30 Tejpreet : Uttam spike or dpoc close time to decide.
14:30 Uttam : bring it on Tej, it has been a while since doing 1000 in a day BNF
14:30 Tejpreet : +1
14:31 Uttam : I want a spike 😉
14:31 Tejpreet : then get over 79
14:31 Ankush Jain : go NF go
14:31 Tejpreet : till now 69 is nf high 🙂
14:31 Ankush Jain : going
14:31 Uttam : lo ho gaya
14:31 Tejpreet : gaya
14:32 Tejpreet : timing Uttam _/\_
14:32 Shai : 116 – (14:21) Shai : 11000 ce sl of 95 into clsoe
14:32 Shai : sl of 103 now
14:33 Tejpreet : +1
14:33 Ankush Jain : 1.13 lk red
14:34 Nirmal : red then why IB
14:34 Rajiv Ohri : Shai 0’s at the top. If not in should we wait for those to get negated
14:34 Shai : profit booking happening
14:34 Shai : NF now steady abv 11027
14:35 Shai : 11060 sl for longs
14:35 Shai : look at 11111 tgt
14:35 Ankush Jain : +!
14:35 Uttam : +1
14:36 Uttam : 11000ce from 111 to 118 out
14:36 Anuj : 104 -118 out
14:36 Uttam : 11095 pending
14:36 Himanshu : 21400 PE – 251- 192 out small lots
14:36 Uttam : but its ok
14:37 Uttam : done for the day
14:37 Himanshu : UG – maharaj Ki Jai
14:37 Uttam : _/\_
14:37 Shai : sl of 108 now – (14:32) Shai : sl of 103 now
14:37 Shai : tgt revised to 142
14:37 Uttam : L can spike more
14:37 Himanshu : Saw your booking 29K red – Hence
14:37 Shai : 9 point risk
14:37 Uttam : BNF…
14:38 Avinash : For NF still 11111?
14:38 Uttam : BNF tags RO point
14:39 K2dt : 76-90 11050ce
14:39 Shai : yes 128 was my tgt 1
14:39 Shai : (14:21) Shai : tgt can be 128 if 111 is crossed
14:39 Uttam : +100
14:39 Uttam : 11094 NF
14:40 Ankush Jain : K again
14:40 K2dt : super reading chief 🙂
14:40 Tejpreet : lot of time Uttam
14:40 Uttam : BNF 2 IB at 216449
14:40 Ankush Jain : trend day intact now?
14:40 Shai : not a treend day
14:40 Ankush Jain : ok
14:41 Shai : this a squeeze thru BNF
14:41 Uttam : NV with a spike if we close ast highs
14:41 Shai : And 11000 ce
14:41 Uttam : boom boom
14:41 Shai : remember the baby bears and pause for a min
14:41 Ankush Jain : 🙂
14:41 Ankush Jain : NF climbing but red COTs
14:41 Prashant : Thanks Shai
14:42 Uttam : (14:00) Uttam : yes spike possibility there in both
14:42 Ketan : +1 shai
14:42 Tejpreet : And we gett 11100 as promised by Shai
14:42 Uttam : could not resist 11000ce from 123-129
14:42 Shai : 11104
14:42 Sylvester : Thanks Shai
14:42 Uttam : superb Shai
14:42 Himanshu : UG BNF wild – Look for 21840 or what
14:42 Anuj : +1 shai
14:42 Shai : do waht you wnat to
14:42 Rajan : +100 Shai
14:42 Shai : I’m done 🙂
14:42 Uttam : me too 🙂
14:42 Tejpreet : looks like every one in the room booked at 11100 🙂
14:43 Uttam : 🙂
14:43 Uttam : VT rocks
14:43 Himanshu : Me done – Intraday – Aug 21K PE – shall carry forward
14:43 Shai : book guys – (14:35) Shai : 11060 sl for longs(14:35) Shai : look at 11111 tgt
14:43 Himanshu : 250 Points gain though
14:43 Uttam : L needs to make new highs for spike to continue
14:43 Vishnu : yes was off . but today done dt
14:43 Uttam : 11133 test wilb e nice
14:43 Shai : 132.7- (14:37) Shai : sl of 108 now – (14:32) Shai : sl of 103 now(14:37) Shai : tgt revised to 142(14:37) Shai : 9 point risk
14:43 Uttam : 11121 is 3ib
14:44 Uttam : no more teade today tho;ugh
14:44 Uttam : trades*
14:44 Ankush Jain : all done & dusted?
14:44 Uttam : spike is not trust worthy auction
14:44 KK : Positional long Shai, for 11300 as we are closing above 11022 ?
14:44 Uttam : so better to play safe inside it
14:45 Himanshu : Booked – 21k PE – 750 – 522
14:45 Himanshu : mthly – Positional
14:45 K2dt : H on fire again …. congrats H
14:45 Uttam : congo guys +100
14:45 Rajesh G : shai can we reenter 11000ce
14:45 Shai : @KK sl is 11025 for next 3 days
14:46 Uttam : 11077 is the ext hasndle in NF
14:46 Shai : but as mentioned earlier am happy for 11266 abv 11111 close
14:46 Uttam : that needs to hold if we are to make new highs
14:46 Shai : you will have to scroll up for that comment
14:47 Uttam : 21550 ref in BNF
14:47 Uttam : into the close
14:47 Shai : Now RIl will drive the hammer home on the bears into clsoe
14:47 Uttam : weekly FAs in both Shai
14:48 Rajesh : for weekely FA what are conditions ug?
14:48 KK : ok, thanks
14:48 Shai : can run to 2190 either at close or early tom
14:48 Shai : cash prices
14:49 Vyom : thats huge
14:49 Ankush Jain : SHai today is P profile?
14:49 Shai : not a good P
14:50 Shai : one of those in between
14:50 Uttam : but both stayed above VWAP all day
14:50 Ankush Jain : handwriting kharaab waali?
14:50 Uttam : BNF made one test
14:50 Ankush Jain : 🙂
14:50 Uttam : NF never got to VWAP
14:50 Vishnu : wht is the atr tgt ug
14:50 Uttam : A period singles
14:51 Uttam : 11334 & 22815 are the 1atr tgts
14:51 Vishnu : thanks ug ?
14:51 KK : it is above those sellers at 2124 on 30th
14:51 K2dt : congrats to all in green..thnx team..g2g ..bye
14:51 KK : precisely, if RIL , hdfc bkstays strong, 11266 should be easy over next 2-3 days
14:52 Shai : rememeber this now as support for rest of week- (13:55) Shai : 11027 is pullback low by the way
14:52 Shai : we revise bias if that is broken
14:52 Shai : 2140
14:52 Shai : RIL wil not let go !!
14:53 Shai : 2145
14:53 Uttam : 11121 cometh?
14:53 Uttam : actually if no 3ib then better cos we can move fresh tom
14:53 Uttam : else 3ib rule comes into play
14:54 KK : RIL 2140 CE from 91 to 106 booked..Sorry no scrips
14:56 Nirmal : uttam go to have imbaance
14:56 Nirmal : to continue ..
14:56 Nirmal : good to have
15:00 Uttam : BNF going for the dpoc close
15:00 Uttam : prominent one
15:00 Uttam : L did not make new hgihs
15:00 Nirmal : uttam if we do intraday n exit before close ..will NEW MARGIN rule wont apply right ?
15:00 Nirmal : we have full money for next day ?
15:01 Uttam : no idea Nirmal & have not bothered to find out as I never use margin from shares and only trade options
15:02 Nirmal : no even i dont use margin
15:02 Uttam : you can call your broker & check
15:02 Nirmal : whatever money i play with that
15:02 Nirmal : ok
15:02 Uttam : as mine had called me to say that if I need I have to sende a amil
15:02 Uttam : email*
15:05 Uttam : 11100pe closing around lows
15:09 Uttam : new lows in 11100pe
15:09 Tejpreet : one last push for Uttam’s 121
15:10 Rahul : now someone stuck at 11100
15:10 Rahul : ?
15:11 Govind : RIL seeing some real high volumes now, compared to the rest of the day
15:12 Shai : 29th single s remain
15:12 Shai : last stand of the seller
15:13 Narendra : shai good to hold reliance ce??
15:13 Govind : got 72 points in options today Shai, in RIL 🙂
15:13 Shai : +1
15:13 Uttam : lovely Gov
15:13 Tejpreet : Nice one Gov , been tracking Reliance well
15:13 Shai : In at 2035 today
15:13 Govind : thanks guys
15:13 Chintan : congo gov
15:14 Govind : yeah Tej, my pref trading instrument along with BNF
15:14 Govind : thanks Chintan
15:14 Ankush Jain : almost 7% for RIL today
15:14 Uttam : he will soon start making more money than Ambani cos of RIL Tej 😉
15:14 Rajan : Awesome Gov
15:15 Govind : thanks Rajan
15:15 Govind : UG, chump change bro
15:15 Tejpreet : yes Uttam looks like
15:15 Uttam : keep it going man, you are doing a great job Gov
15:16 Tejpreet : That Aramco deal delay caused the slump looks like some news coming in tonight.
15:16 Shai : 2155- (14:47) Shai : Now RIl will drive the hammer home on the bears into clsoe
15:16 Uttam : tom could be a bullish day to keep the sentiments high I feel
15:16 Vishnu : +1 gov
15:17 Vishnu : +1 shai for ril
15:18 Ketan : congrats gov !
15:18 Ketan : +1 shai on ril
15:18 Vyom : really great
15:20 Rajiv Ohri : UG 3IB coimg?
15:20 Favas : view on 21500 straddle?
15:20 Govind : @ this rate RIL is gonna get to that ATH in the remaining 8 minutes 🙂
15:21 Shai : 2165 with 9 mins for close 🙂 – (14:48) Shai : can run to 2190 either at close or early tom
15:21 Govind : +100 Shai
15:21 Swapnil : Amazing Shai !
15:21 Rajan : @Shai – is 10800 level done for now with the buyer imbalance at 10886 yday??
15:21 Shai : MarketProfile guys
15:21 Shai : work on it
15:22 Uttam : more than 3ib now looks like gap coming tom 😉
15:22 Shai : It will serve you a lifetime
15:22 Uttam : +1000 Shai
15:22 Vishnu : +100shai for mp and of teaching to me and to the members here
15:22 Sylvester : Shai made a greattttt trade on Reliance. Thanks Shai.
15:22 Chintan : +1 shai
15:23 Shai : Congrats all
15:23 Shai : 11110 is day highs
15:23 Ankush Jain : 11111 still possible
15:23 Shai : didn’t go below 11070 again
15:23 Uttam : +1
15:24 Ankush Jain : yeah
15:24 Shai : tc all
15:25 Uttam : (15:05) Uttam : 11100pe closing around lows
15:25 Shai : Have a good evening
15:25 Shai : let’s catch up tom
15:25 Manikandan : bye all
15:25 Aditya09 : thanks all bye
15:27 Rajan : Thanks all. Bye
15:28 Govind : BNF closing above PDH or close to it looks like
15:28 Tejpreet : Bye All.
15:28 Uttam : 21550 on watch in BNF
15:28 Uttam : thanks All 🙂 have a lovely evening
15:29 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all !!!
09:05 Shai : (09:02) Shai : ref line for the open at 10947- 10970 today which has the 0’s and the extension player of yesterday(09:02) Shai : support came at 10885 yesterday which is the vwap of Juky positional buyers(09:03) Shai : new sellers versus old buyers is the equation(09:03) Shai : expect a consolidation between 10848 and 10975 today before the next leg gets underway this week(09:04) Shai : BNF closed weak again yesterday and is the weaker of the 2 indices(09:05) Shai : will remain weak below 21350 F now(09:05) Shai : 21580 is the higher seller
09:11 Uttam : a) NF needs to sustain above 10918 for a rise to 10932-947 / 10970-995 & 11019-045
09:11 Uttam : b) The auction staying below 10914 could fall to 10896-850 / 10806-800 & 10765
09:11 Uttam : a) BNF needs to sustain above 21180 for a rise to 21240-267 / 21318-420 / 21500-580 / 21650-690 & 21765
09:11 Uttam : b) The auction accepting below 21150 could test 21085-039 / 20970 / 20904-850 / 20750-690 & 20589
11:40 Uttam : c) Above 11045, NF can probe higher to 11092-110 / 11133-140 & 11169-195