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
08:58 Anuj : GM all
09:00 Vtrender Live : 5 min charts – https://join.me/694-641-785
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09:02 Vtrender Live : 5 min charts of BNF, password vtrender – https://zoom.us/j/8647754567?pwd=SThUUzhiaENTRzEwdjRGZ3c2OTFvUT09
09:04 Shai : GM all
09:05 Rohan : GM All
09:05 Giridhar Gowravajhal : GM all !!!
09:05 Shai : yesterday’s pullback low at 11027 is the most imp ref for the rest of the week
09:05 Shai : we maintain a positive bias if it sustains abv 11111 at the open
09:06 Shai : look for a move to 11170 and 11224 if that happens
09:06 Shai : both levels were seen last week
09:06 Manikandan : gm all
09:07 Shai : BNF posied neatly and could be a key here as it is at supply 21540- 21640
09:07 Shai : Any strong up volume can see it to 21870 and 22060
09:07 Shai : 21370 is supp below
09:09 Himanshu : GM all
09:09 Uttam : Good Morning All 🙂
09:11 Kumar null : Gm all this is my first day here
09:11 Aditya09 : gm all
09:11 Aditya09 : happy trading
09:11 Rajesh G : good morning
09:12 Tejpreet : GM All
09:12 Nirmal : gm all
09:13 Kaustubh : Gm all
09:15 Sylvester : Shai 2190 Reliance at Open done as you said
09:16 Ankush Jain : 11170 done
09:17 Shai : strong open
09:17 Shai : 11111 now a supp
09:19 Nirmal : OAOR
09:19 Uttam : give a drive also Nirmal 🙂
09:19 Shai : Buy NF 11175 sl of 11158 tgt 11211
09:19 Uttam : 11182
09:19 Uttam : above it NF can get fresh move
09:20 Uttam : BNF already in beast mode 🙂
09:20 Uttam : good that NF did not do 3 IB yesterday 😉
09:21 Shai : Use SL of 11153 where the 0’s are
09:23 Shai : going with plan – (09:05) Shai : we maintain a positive bias if it sustains abv 11111 at the open(09:06) Shai : look for a move to 11170 and 11224 if that happens
09:23 Uttam : +1
09:24 Uttam : boom boom
09:25 Shai : cheers – (09:15) Sylvester : Shai 2190 Reliance at Open done as you said
09:26 Sylvester : +1 Shai
09:27 Vyom : superb call on reliance Shai
09:27 Vyom : whats the next reference point for reliance
09:29 Shai : book half 11192- (09:19) Shai : Buy NF 11175 sl of 11158 tgt 11211
09:29 Shai : sl at 11170 on rest
09:29 Uttam : BNF needs to get above 21853
09:30 RiteshM : SHAI is that 2172 is the ref poiint for long and isupply around 2200
09:30 RiteshM : as ealier vah
09:32 Shai : bring the focus back on indices guys- we do not discuss stocks in A
09:32 Vyom : yes Shai..
09:33 Uttam : hows the weekly FA faring in both 🙂
09:33 Shai : focus needed in A
09:33 Shai : don’t spread your attention
09:33 Shai : 11200
09:34 Tejpreet : Uttam vol fit for drive
09:34 Uttam : average vols Tej
09:34 Tejpreet : tks
09:34 Shai : enter booking orders at 11211 for bal qty
09:34 Uttam : but can increase here
09:36 Prashant : Shai: what is the significance of 11211, i mean where is it coming from?
09:40 Shai : 12221 minus 10 pointer filter
09:40 Shai : 11221
09:40 Shai : not waiting for last penniies 🙂
09:41 Shai : I think you guys remember 11220 from last wed/ thurs
09:41 Ankush Jain : yes
09:41 Ankush Jain : it was a breakout here
09:41 Shai : was a weekly top yes
09:44 Shai : B in
09:46 Uttam : BNF leading
09:46 Uttam : ?
09:48 Uttam : 11100ce from 64 last evening booked out at 123.9
09:48 Uttam : boom boom
09:48 Uttam : BNFfff
09:48 Sanjib : 11211 done
09:49 Anuj : out
09:49 Ankush Jain : 11216
09:49 Uttam : seedha 100 pointer above 21853
09:49 K2dt : out..done
09:49 Shai : tgt done – book out- (09:19) Shai : Buy NF 11175 sl of 11158 tgt 11211
09:49 Ankush Jain : +1
09:49 Fenil : +1
09:49 Manthan Thakkar : +1
09:50 Vijay A : +1
09:50 Milind : +1
09:50 Shai : BNF can do a bit more
09:50 Uttam : needs to stay above 21953
09:50 Shai : 22060 still there vpoc- 09:07) Shai : Any strong up volume can see it to 21870 and 22060(
09:51 Uttam : @Tej you giving that 1000pointer today in BNF?
09:52 Tejpreet : then what will we do tmrw 🙂
09:52 Uttam : AMA ;-p
09:52 Vyom : hdc bank which opened flat today has joined the party
09:53 Karthik : That is why Rel taking rest
09:53 Krantik Bordoloi : Hi, are we seeing open drive opening in Nifty today?
09:53 Shai : yes
09:54 Shai : for now , easy open move done almost in both
09:54 Shai : do not enter fresh here
09:54 Shai : we wait for a pullback
09:54 Sanjib : +1 Shai
09:54 Shai : what is the best level to enter on drives?
09:54 Uttam : vwap
09:54 Tejpreet : vwap
09:54 Uttam : RB there
09:54 Manikandan : vwap
09:54 Shai : +1
09:55 Vishnu : booked dt
09:55 Ankush Jain : abv 11218
09:55 Uttam : @Tej got into next week;s 21500combo at 925
09:55 Shai : Know your profile
09:55 Uttam : expecting at least 1200
09:55 Govind : Congo Vishnu
09:55 Chintan : +1 shai
09:55 Vishnu : thanks all
09:55 Tejpreet : Uttam can get 1200 on that
09:55 Irfan : when should one enter fresh?
09:55 Uttam : thanks Tej
09:56 K2dt : congrats Vishnu
09:56 K2dt : congo all in green
09:57 Himanshu : Booked – Positional –
09:58 Tejpreet : congrats to all morning green mtm
09:58 Himanshu : Wed being mini expiry
09:58 Himanshu : Cong to all Green – Jai Shri Ram
09:58 K2dt : congrats H
09:58 K2dt : lol..
09:59 Himanshu : UG – will bring Swipe to VWAP – IBL even better
10:00 Uttam : had mentioned this yesterday around 3pm – 14:53 Uttam : actually if no 3ib then better cos we can move fresh tom14:53 Uttam : else 3ib rule comes into play
10:00 K2dt : very much likely..puntergiri has become common on wednesdays
10:02 Uttam : 15:22 Uttam : more than 3ib now looks like gap coming tom 😉
10:03 K2dt : +100 UG
10:11 Rajesh G : no screen
10:11 Uttam : its fine for me
10:12 Ashwath : Screen is fine
10:13 Ashwath : @Uttam – Uttam… aathi uttam.. 😉
10:13 Uttam : NF to give C side?
10:13 K2dt : loos like UG
10:13 Anuj : 11220-230 zone let it settle?
10:13 Uttam : lol Ashwath _/\_
10:13 Rajesh G : test
10:14 Uttam : awaal number Rajesh
10:14 Uttam : BNF also copying NF?
10:16 Uttam : greens galore in BNF
10:18 Mahvir : guys, can we enter into long straddle considering RBIpolicy tomm?
10:19 Tejpreet : Uttam 1 dip to vwap …no position …possible in c ?
10:20 Uttam : can come Tej
10:20 Himanshu : Tej – Chief and JIt all LLTs have to work for that Tej
10:20 Uttam : NF unable to stay abv IBH
10:20 Himanshu : Am also waiting no pos exept pos covered
10:20 Uttam : unlike yesterday
10:22 KK : bnf goes below 880, these greens in BNF can get stuck ?
10:26 Shai : not recomemmended now – (10:18) Mahvir : guys, can we enter into long straddle considering RBIpolicy tomm?
10:26 Mahvir : ok
10:26 Shai : we could stay as a 50 pointer till K period now
10:26 Shai : 11170- 11225
10:27 Shai : best place to go long straddle is start of imbalance like yesterday at 11070
10:27 Shai : but then directional long call makes more sense if you wait a few points and know the direction
10:28 Mahvir : hmm, thanks
10:28 Shai : 11170 supp for day now guys – that’s the pakce we look at dip buyers and RB
10:30 K2dt : chief can u reduce scale to 10 points in join me 5 min chart?
10:33 Uttam : perfect c side – (10:20) Uttam : can come Tej(10:20) Uttam : NF unable to stay abv IBH
10:34 Shai : better?
10:34 K2dt : room charts r fine chief.. join me one..
10:34 Tejpreet : tks Uttam monthly 113k pe 270 to 285
10:35 Uttam : congo Tej +1
10:36 Shai : https://mplite.vtrender.com/?symbol=O_NIFTY11200PE20200806_NIFTY11200CE20200806&tf=daily&tpo=2&isComposite=0&ivp=0&sp=1&startDate=&endDate=&nDays=8
10:36 Shai : 11200 ce pe
10:36 Shai : should attract writers
10:39 K2dt : perfect chief … thnx
10:46 Anuj : one more test of vwap?
10:47 K2dt : this was a good test of vwap..first one wasn’t gr8
10:48 Arjun : how/ why K2dt?
10:48 Bhavesh : shai ,11200 ce pe buy or write
10:49 Shai : Intra – Buy NF 11198sl of 11170 tgt 11240
10:49 K2dt : didn’t touch or pierce through vwap Anuj..
10:50 Shai : If it stalls at 11222 we book
10:50 Shai : they are playinmg for expiry tom- (10:48) Bhavesh : shai ,11200 ce pe buy or write
10:51 Shai : not intra day TF
10:51 KK : bnf ka din hai kya aaj ?
10:51 K2dt : yupp KK doesn’t seem to slow down with nifty
10:52 Uttam : BNFfff
10:52 Shai : This is called #homework- (09:05) Shai : we maintain a positive bias if it sustains abv 11111 at the open(09:06) Shai : look for a move to 11170 and 11224 if that happens
10:52 Uttam : 22000
10:53 Shai : And you can gain a significant edge if you are ready at the open with context
10:53 Uttam : +1
10:53 Shai : the market is always the fastest at the open – never forget this
10:53 KK : take this 34K out of the way
10:53 K2dt : +100 chief
10:53 Shai : esp if driving
10:53 KK : 22122 pe ruko
10:53 Shai : And you get lost if you are not battle ready
10:53 Anuj : +1 shai valuable learning
10:53 Nirmal : +1
10:54 K2dt : can’t sharpen the tools mid market chief 🙂 have to come prepared before it
10:55 Shai : +1
10:58 Shai : exit from this at cost here 11200 – (10:49) Shai : Intra – Buy NF 11198sl of 11170 tgt 11240
10:58 Shai : looks like a stall at 11200 for now
10:58 Sumeet : Reliance dragging nf down
10:58 Shai : we respond if it wants to move
10:58 Rahul : Reliance if dont cross days high , nice set up for bears
10:59 Rahul : Nice exit shai
11:00 Tejpreet : Shai chances for a P profile with 112k writers at peace.
11:02 KK : mota bhai jaage
11:03 K2dt : notorious
11:10 Shai : Good Tej
11:10 Shai : (10:26) Shai : we could stay as a 50 pointer till K period now(10:26) Shai : 11170- 11225
11:23 Tejpreet : right chief … coffee time
11:29 Rahul : booommmm
11:30 Rahul : shai levels
11:31 Rahul : awesome COT
11:31 Tejpreet : the bugger moves as i brew the damn coffee 🙂
11:31 Uttam : lol
11:31 Uttam : he was waiting for you to go for coffee
11:32 Uttam : 2L red COT in NF
11:32 Tejpreet : indeed
11:32 Uttam : 0s from 11195-11184
11:32 Ankush Jain : Does’nt look like drive anymore
11:32 Ankush Jain : or is it still valid?
11:32 Uttam : vwap does not brwak in a drive
11:33 Uttam : vwap break drive negated
11:33 Tejpreet : 2 l and c side also hmm
11:33 Uttam : probable FA at top
11:33 Tejpreet : +1
11:34 Anuj : this still could be in range 11150-11200?
11:37 Himanshu : 21999 – 24K red – was Machine order seems
11:40 Uttam : -2L COT doing its job
11:42 Ankush Jain : spike low taken out
11:42 Ankush Jain : lets see if 11027 sustains
11:44 Tejpreet : got my 23 NF points for that coffee 🙂
11:45 Shai : you guys dropped the market!!
11:45 Uttam : FA confirmed
11:45 Tejpreet : FA confirmed
11:45 Vijay A : Modi Dropped it
11:45 Shai : 11111 supp
11:45 Kaustubh : 6 IS
11:45 Himanshu : Reliance below DLO
11:46 Himanshu : UG – 11109 to be tested or 11087
11:46 Himanshu : as per Hype
11:46 Himanshu : Seems they covered 50 % –
11:47 Himanshu : Chief this OF are working as per your calls
11:47 Himanshu : cover 50 % Balnce at cost ..
11:48 Rajiv Ohri : Any news?
11:48 Anuj : this level 11220/25 now showing its importance
11:50 Shai : technical move guys
11:50 Shai : failed vwap of drive
11:50 Shai : went to day lows catching late longs off
11:50 Shai : 11111 holds we go back to vwap
11:50 Govind : +1 Shai
11:51 Himanshu : + 100
11:51 Shai : Nf long abv 11146 sl of 11119 tgt 11183
11:51 Shai : That 0’s are now a new res
11:52 Kaustubh : shai SL on 11100 ce
11:52 Ankush Jain : Shai why 11146?
11:52 KK : above 3 0s
11:52 Shai : 0’s
11:52 Ankush Jain : ok
11:53 Shai : The higher 0’s are bigger supply at 11180
11:54 Anuj : vix is still down by 1.4%
11:54 Giridhar Gowravajhal : is it going to fill the gap 11114?
11:56 Himanshu : NF filled Gap – BNF penidng
11:56 Ankush Jain : we r into yesterday’s spike now
11:57 K2dt : 72-100 11150pe
11:57 Tejpreet : Uttam ATR target do for nf fa
11:57 Ankush Jain : IS taking revenge today
11:57 Shai : NF ignore the buy abv now
11:57 Shai : below 11111
11:57 Uttam : 11066 Tej
11:57 Tejpreet : that 2l cot covering now.
11:58 Tejpreet : got his 100
11:58 Himanshu : And BNF – UG 1 ATR
11:58 Uttam : ran 21500pe next week from 330-429
11:58 Shai : going to 111025
11:58 Tejpreet : tks Uttam
11:59 Tejpreet : +1 Uttam
11:59 Uttam : gettin that combo ev erage down 😉
12:00 Tejpreet : atr done nf
12:00 Shashidhar : Candle numbers not visible to me?
12:00 Shashidhar : IS with 1.5L COT
12:00 Anuj : yes
12:00 Himanshu : UG – 1 ATR for BNF from C FA i s how much
12:00 Anuj : some problem with charts
12:00 Uttam : 21440 H
12:01 Himanshu : Ok thx
12:01 Himanshu : BNF did that in spot
12:01 Shai : Intra – short NF 11100 sl of 11122 tgt 11032 . Trade small size
12:02 Anuj : now charts fine
12:06 Anuj : pullback buyers ki watt laga di aaj to bears ne
12:07 Tejpreet : Shai looks like most of IS booked
12:07 K2dt : ISIS = IS
12:07 Tejpreet : can go to ibl
12:07 Uttam : now no one will go long 😉
12:07 Tejpreet : 11085 my entry part booked
12:07 Uttam : awesome Tej
12:08 Tejpreet : ibl can attempt another short with tght sl
12:08 Uttam : setting up nicely for tom 🙂
12:08 Tejpreet : +1
12:09 Tejpreet : all out
12:09 Uttam : +100
12:09 Uttam : F singles
12:09 Uttam : if we get back into IBL and stay there will be a nice buying tail
12:09 Uttam : 4 more mins F has
12:10 Shai : NF exit from the trade at 11114 here cmp
12:11 Sanjiv : tested 11070 where Shai gave a long call yesterday
12:11 Shai : yes opened up for sharp move up also as buying is there
12:11 Ankush Jain : lots of greens
12:12 Uttam : 11190 can come if NF accepts inside IB post F
12:12 Uttam : 11182 was where that IS POC was
12:12 Tejpreet : IB at IBL wants that
12:12 Uttam : 11182 was prev ref also in the morning
12:13 Shai : +1- (12:11) Sanjiv : tested 11070 where Shai gave a long call yesterday
12:14 Uttam : G into IB
12:14 Uttam : MP rocks
12:14 Uttam : lets get above 1150 now
12:14 Shai : NF for 11175
12:14 Uttam : 🙂
12:15 Uttam : boom boom
12:15 Uttam : NF can still form a ‘p’ shape profile for the day inspite of a RE lower
12:15 Uttam : with a FA meeting 1 ATR
12:15 Uttam : all in one day
12:15 Uttam : 3 hours
12:15 K2dt : watta day UG…
12:16 Ankush Jain : 20-20 age
12:16 Siddharth : SL for NF?
12:16 K2dt : today too made on both sides..thnx to wednesday guys
12:17 Uttam : congo Kushal
12:17 K2dt : thnx UG
12:18 Uttam : 11149 high so far – (12:14) Uttam : lets get above 1150 now
12:19 Shai : 11106 sl for longs here
12:19 Shai : market moving around, be a bit generaous with stops
12:20 Tejpreet : can afford to be generous chief 🙂
12:20 Shai : 11176 expected and 11200
12:29 Rahul : come on dumo more
12:34 Shai : 12.06 move killeed a lot of 11100 pe
12:34 Shai : 11.35 one killed 11200 pe
12:35 Ankush Jain : the killing fields following a pattern for last few weeks
12:35 Fenil : ye log aaj hi duaakn ke peech pad gaye 😀
12:35 Uttam : NF getting rweady to get above 11150
12:35 Shai : yes just these option writers responsibe for the moves
12:36 Ankush Jain : bhejo
12:37 Shai : 2nd IB
12:37 Shai : bulls pulling it back now
12:37 Shai : we dropped on 4 IS
12:39 Siddharth : Still staying with for NF 11176 initially?
12:39 Uttam : done – (12:35) Uttam : NF getting rweady to get above 11150
12:39 Ankush Jain : 11150 done uG
12:39 Ankush Jain : +1 UG
12:39 Uttam : 11190 now please
12:40 Siddharth : move SL up from 11106?
12:40 Ankush Jain : big green numbers coming in
12:40 Uttam : move SL only after it hits first tgt given Siddharth unless otherwise specified
12:40 Siddharth : ok got it
12:41 Himanshu : 21300 PE – 135- 65
12:41 Himanshu : What a move
12:41 Uttam : congo H
12:42 Shai : will fire up my wed 12 noon algo again
12:42 Uttam : NF paying resoect to VWAP
12:42 Himanshu : 1st Trade of the day –
12:42 Shai : Some one here can remind me every wed at 12 to watch the OI charts?
12:42 Uttam : sure Shai 🙂
12:42 Himanshu : 2 DT done and Chief and UG your levels and qunats – Jai shri Ra
12:43 Rahul : yep
12:43 Himanshu : Shri Ram
12:43 Uttam : from 12 wed to 3 thurs
12:43 Shai : we have to do it again- we did it before the FEB vix up
12:43 Shai : used to be BN writers but now they are focussed on NF
12:43 Shai : see the same pattern every wed at 12
12:44 Shai : everyone just mar 12 noon wed with 1 hour reminder in you phones
12:44 Shai : mark*
12:44 Shai : can’t believe I forgot it myself 🙁
12:46 Seshadri : shai can you please explain 12pm wed OI concept
12:49 Shai : NF longs exit and wait out
12:49 Shai : vwap test done
12:49 Rahul : yeppp
12:49 Shai : staying flat now
12:49 Shai : It’s the wed afternoon adjustment of inventory – (12:46) Seshadri : shai can you please explain 12pm wed OI concept
12:50 Shai : happens 11.15 to 12.30 evert wed
12:50 Seshadri : ok. would love to learn from you
12:50 Shai : wehn I traded BNF last year I used to get 300 points easy off it
12:50 Seshadri : ok.
12:51 Shai : was my wed break n butter – reserved table 🙂
12:51 Shai : bread**
12:51 Seshadri : i also rtrack PCR for the series which also gives fair idea on put writers
12:52 Shai : That second leg at 12.05 they hit out 11100 pe
12:52 Fenil : so, you would find where writers are adding positions?
12:52 Shai : else we should not have gone ;lower
12:52 Shai : All those guys wrote 11100 pe and went to sleep 🙂
12:52 Seshadri : after long time saw put writers unwinding so fast
12:53 Shai : technically was a good write, execpt that on wed afternoon you never take it so easy as a writer
12:53 Seshadri : pcr fell from 1.23 to 0.87 in 15 min
12:54 Arjun : but can they move market liek this ?
12:54 Shai : panic can move anything
12:54 Rahul : yep
12:55 Seshadri : put writers for the series have surrendered..
12:55 Shai : back into 11111- 11190 range now
13:00 Seshadri : bank nifty range?
13:02 Krantik Bordoloi : Reliance stuck today
13:04 Shai : Buy 11200 ce abv 38 sl of 32 tgt 45/ 55. Snmall sl trade
13:05 Shai : cmp 35 – buy abv
13:05 Shai : COT has been good from 11070 but vwap still needs to be taken
13:08 Seshadri : shai please cover DPOC in next webinr
13:10 Himanshu : Just – digression – Centre aceepts – Bihar reco of CBI probe – SC pulled up Mumbai cops – Rhea Panicking – Raavana’s of Bollywood may be on run now.. This made my day ..
13:10 Jitender : tat case deserves justice
13:11 Himanshu : SC – gives 3 dys notice to Mumbai cops
13:11 Prashant : Just political scores being settled. Justice is the last thing on thieri minds.
13:11 Himanshu : Matter considered of National Security – as Cover Up by Highest level of officials
13:12 Himanshu : To seek – Justice – to remain optinist over goodness is choices we make – or else we are dead on day of our birth – as Death is certain then
13:12 Himanshu : Since Birth is over..
13:15 Shashidhar : Can we “PLEASE” focus more on the Market related content than the political
13:15 Himanshu : Oh yes
13:15 Himanshu : Sorry Bro
13:15 Himanshu : I just thought to share as it was more awaited news line..
13:16 Himanshu : SO UG second attempt to chase away – 21500- PE writers
13:18 Rajiv Ohri : Shai this IS in both should be good for a short. or too risky
13:19 Uttam : @Rajiv in that IS bar we have a 43k red at lows
13:19 Uttam : which means at the wrong place
13:19 Uttam : 50k out of the 58k red COT is at lows
13:20 Rajiv Ohri : yes mised that
13:20 Uttam : 21580 is an imp level in BNF
13:20 Uttam : staying above 21550 keeps that weekly FA active
13:29 Ankush Jain : both NF & BN in sync, near IBL
13:38 Ankush Jain : 80% rule to play today?
13:38 Ankush Jain : we hv het yVAL
13:39 Ankush Jain : yVAH
13:45 K2dt : J aur K kuch kamal dikhao bhai
13:47 SandeepP : waiting for 11000 berak heavy short positions
13:47 Rahul : Nice
13:48 Rahul : doommm
13:49 Rahul : yesterday baby bears today Baby bulls.. everyione has a day … OF rocks
13:50 Shai : yes
13:50 Shai : did not maage vwap
13:50 Uttam : yes
13:50 Rahul : shorted right at VWAP
13:50 Shai : focus on 11100 pe
13:51 Uttam : (12:42) Uttam : NF paying resoect to VWAP
13:51 Shai : 62 supp can do 80
13:53 Anuj : no buying tail now in NF
13:58 Shai : tails are always end of day conf
13:58 Shai : 11100 pe doing better thahn 12.05 pm
13:58 Shai : no panic this time
13:59 Uttam : 78.8 high in that PE Shai
13:59 Uttam : just missed that 80
14:01 Shai : yes
14:02 Rahul : 11100 PE above 85 should do 110 shai ?
14:02 Uttam : 101 imp ref in it above 80
14:03 Rahul : okie UG
14:06 Rahul : 15 k greens stuck
14:06 K2dt : rs there
14:07 K2dt : is and we go doom
14:10 Shai : 11100 pe steady
14:11 Shai : 40 supp there
14:11 Shai : 80 supply still
14:11 Rahul : thanks shai
14:11 Ankush Jain : 2 minutes for K
14:11 Shai : these 30 L writers are hedged
14:12 Shai : they did not panic
14:13 Shai : right- stay open for K
14:13 Fenil : shai, but majority of 11100 PE is written off around 20-25..the price is well above their selling price
14:15 Shai : half of it written at 80 yesterday
14:15 Shai : hence that 80 resisted
14:16 SandeepP : waiting for reliance to fall by 50-60 pointer , heavy positions
14:17 Shai : is there some logic for the heavy positions? or just a hope trade??
14:17 Fenil : Reliance only goes one way, No? 😛
14:17 Uttam : 🙂
14:17 Uttam : only Mukesh Ambani can have heavy positions in it
14:17 Uttam : cos he know what he is doing next
14:19 Fenil : Shai +100 for BNF 21540…its made of concrete!
14:19 Shai : second round abv 11146 shoukdf take it to 11200 sl of 11122
14:19 Uttam : +1 Shai
14:19 Shai : only abv**
14:19 Tejpreet : Again at IBL …Uttam 890 nf
14:20 Uttam : 11190
14:20 Tejpreet : ooops Shai confirmed :0
14:20 Tejpreet : yes 190
14:20 Uttam : lets go
14:20 Shai : I’m connservative guys
14:20 Shai : I like my vwap conf for such days
14:21 Shai : old battle scars 🙂
14:21 Fenil : +1
14:21 Tejpreet : Tks for keeping us also conservative chief , we are an excited bunch here:)
14:22 Uttam : 🙂 +100
14:22 Uttam : BNF wants to shift dpoc to 21650 before moving higher looks like
14:22 Shai : I thought 11100 pe did well on that dip
14:23 Shai : if they are not panicking , the marjet will want to test 11100 ce which is new today
14:23 Shai : last test at 1..50 (13:58) Shai : 11100 pe doing better thahn 12.05 pm
14:23 Rajesh G : UG DPOC now at 21626
14:24 Tejpreet : I think tomorrow post event in second half these pe writers will be tested
14:24 Uttam : boom boom coming?
14:24 Shai : 11140
14:25 Uttam : 21860 & 11190 ref on upside
14:25 Uttam : above vwap though
14:25 K2dt : thnx UG
14:25 Fenil : thanks UG
14:26 Uttam : VWAP needs tp be taken out with an IB now
14:26 Himanshu : 3rd trip – 21300 – 117- 71
14:26 Uttam : IS forming here instead?
14:26 Himanshu : not breaking 69 Yet
14:27 Himanshu : IBL gate pass not given by Jit
14:27 Tejpreet : hmm …whattay whack that 146 is tough one
14:27 Rahul : yep
14:27 Rahul : Doom Doom
14:27 Uttam : 21670 is the weekly VAL in BNF
14:27 Ankush Jain : another test for 11100 pe
14:28 Himanshu : tej seems – last 2 days upmove – they want to adjust – CE invetory today
14:28 Himanshu : tom PE
14:29 Himanshu : Killer move
14:29 Tejpreet : yes post event
14:29 Rajiv Ohri : 11070 and then rotation to fill the profile of yesterday?
14:31 K2dt : dpoc shifted in bnf UG?
14:31 Uttam : yes – (14:23) Rajesh G : UG DPOC now at 21626
14:32 Uttam : 21550 holding
14:32 Uttam : Shai’s 21540 was the low in this dip
14:32 Tejpreet : nf dpoc still 11200
14:33 Uttam : yep thanks to that big red guy there
14:34 Tejpreet : needs a revisit then
14:46 Rahul : come make a new lows and call it day
14:51 Himanshu : called it a day
14:52 Rahul : 🙂
14:57 Shai : love for 11100 is not slowing down
14:57 Shai : one more expiry then at 11100 ?
14:57 Shai : last thur we were here
14:57 Rahul : yes, hope tmrw they breakup
14:57 Rahul : RBI
14:58 Shai : RBI is at 2 or 2.30?
14:59 Anuj null : 10 am
14:59 Sumeet : 1130 am think
15:00 Vyom : ya 11:30 am
15:00 Seshadri : nifty is holidng but bank nifty going down
15:02 Tejpreet : Jit can you give RBI timing and also morotarium reveiew by them tmrw ?
15:06 Rahul : anothe imp is One time restructuring
15:06 Rahul : All banks hv guven improved Moratorium number hope thye dont need this restructuring thing
15:07 Rahul : *given
15:07 SandeepP : @shai not hope trade soem basicstrategy
15:07 SandeepP : exited with minial profits b
15:08 Jitender : 10am is the news Tej
15:09 Jitender : moratorium shouldnt be extended
15:09 Jitender : its expiring by Aug end
15:09 Tejpreet : tks bro
15:10 Krantik Bordoloi : tomorrow should be an interesting expiry?
15:10 SandeepP : exited rel erly , i think all the MIS gyus closing positions now , cud have gotten a little more but tats ok
15:10 Jitender : Latha was sayn 10am 2day morn (15:00) Vyom : ya 11:30 am
15:10 Jitender : u sure abt 11.30 ?
15:12 Shai : 10.00 early no?
15:12 K2dt : i think its 1145
15:12 Shai : stamt or press con?
15:12 Jitender : statement
15:12 Anuj null : 0 amcnbc was dunning a countdown timer to 1
15:13 Anuj null : 10
15:13 Jitender : but vyom is usually also accurate with theese things…so wanted to rechck with him
15:13 Sumeet : Probably televised statement due to covid distancing
15:13 Shai : okay. That’s better then for expiry
15:16 Vyom : 11:30 am
15:16 Ankush Jain : its a double D profile with a fat underbelly?
15:17 Vyom : statement gets released and then there is conference after that
15:22 Uttam : dPOC shifts lower in obth
15:22 Shai : upper ditribution failed and second part went into balance
15:22 Uttam : close at HVN of lower distribution
15:22 Shai : +1 yes dpoc down
15:24 Sanjiv : Shai, what’s the expected range for tomorrow? thanks
15:24 Rajesh G : shai DPOC down means selling reduced
15:25 Shai : 11045- 11222 still the range for tom
15:25 Sanjiv : +1
15:25 Shai : flood gates below 11045 on news or whatever
15:26 Shai : keep a plan open to buy 11900 put if 11025 cracks on volume
15:26 Ankush Jain : 11025 the yesterday’s PBL
15:27 Ankush Jain : 10900 put u meant Shai?
15:27 Arjun : it is even available now for 5 .
15:28 Shai : no not now
15:28 Shai : trend is up
15:28 Shai : 10900 yes
15:29 Shai : trend stay up guys abv 11030
15:29 Uttam : +1
15:29 Uttam : big day it could be tom
15:29 Shai : Bye all
15:29 Uttam : Neutral Day today
15:29 Shai : Have a good evening
15:29 Shai : Catch up tom
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Rohan : Bye All
15:29 Manikandan : bye all
15:29 Sylvester : Bye folks
15:29 Himanshu : Bye all
15:29 Manthan Thakkar : Bye guys
15:29 Krantik Bordoloi : bye
15:29 Tejpreet : Bye All
15:30 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all !!!
09:08 Shai : (09:05) Shai : yesterday’s pullback low at 11027 is the most imp ref for the rest of the week(09:05) Shai : we maintain a positive bias if it sustains abv 11111 at the open(09:06) Shai : look for a move to 11170 and 11224 if that happens(09:06) Shai : both levels were seen last week(09:07) Shai : BNF posied neatly and could be a key here as it is at supply 21540- 21640(09:07) Shai : Any strong up volume can see it to 21870 and 22060(09:07) Shai : 21370 is supp below
09:16 Uttam : a) NF needs to sustain above 11109 for a rise to 11133-140 / 11171-195 / 11215 & 11245-265
09:17 Uttam : b) The auction staying below 11087 could fall to 11060 / 11040-004 / 10972 & 10945
09:17 Uttam : a) BNF needs to sustain above 21550 for a rise to 21620 / 21670-717 / 21775-853 / 21955-979 & 22020-151
09:17 Uttam : b) The auction accepting below 21545 could test 21495-445 / 21361-309 / 21245-190 / 21085-039 & 20970