Order Flow charts dated 06th July 2020

Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.

Order Flow is the most transparent way to trade and takes away the guesswork from decision making.

NF

Vol Pic2 Nf 3 Order Flow Charts Dated 06Th July 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic 2 Bnf 3 Order Flow Charts Dated 06Th July 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

Room Chat

08:49 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/157571621
08:50 Vtrender Live : 5 min charts of NF- https://join.me/802-541-085
08:52 Chandrashekhar : GM all
08:53 Himanshu : gm all
08:53 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
08:56 Giridhar Gowravajhal : GM all !!!
08:57 Shai : Gm all
08:57 Shai : https://vtrender.com/market-profile-analysis-dated-03rd-july-2020/
08:57 Vishnu : gm all
08:57 NeerajS : good morning.
08:57 Shai : https://vtrender.com/weekly-charts-29th-june-to-03rd-july-2020-and-market-profile-analysis/
08:58 Shai : Friday daily close was a balance in an uptrending weekly profile
08:58 Shai : A baalnce marks a close to an existing auction
08:58 Manikandan : GM all
08:58 Shai : MOnday is scheduled to open as a gap up away from Friday’s balance
08:59 NeerajS : where can i read more on failed auctions…? any links
08:59 Shai : 10614 imm support for the day with 10727F as upper ref area to mark activity
09:00 Shai : most read posts on right side of Forum- (08:59) NeerajS : where can i read more on failed auctions…? any links
09:02 NeerajS : the green IB mark in the orderflow indicates Initiative buying?
09:02 Vyom : GM Shai.. these levels of 10614 and 10727 are taken from the March 9th maket profile?
09:05 Shai : yes
09:05 Shai : focus entirely on Mar 9th profile
09:05 Shai : A gap in invisible singles which will meet the singles from Mar9
09:06 Ankush Jain : 10614 is VAH for Mar 9
09:06 Ankush Jain : & 10727?
09:07 Uttam : Good Morning All πŸ™‚
09:07 Rahul : Morning Everyone
09:07 Nilesh : Thanks Shai! Good Morning All
09:11 MJ : https://mplite.vtrender.com/?symbol=NIFTY&tf=daily&tpo=2&ll=&ul=&sp=1&startDate=09-03-2020&endDate=09-03-2020&nDays=1&idstr=&dstr=&rst=1&iam=
09:11 MJ : 9th march profile.
09:12 Tejpreet : GM All.
09:13 Vyom : thanks MJ..
09:13 Shai : +1MJ
09:13 Shai : https://mplite.vtrender.com/?symbol=NIFTY_SPT&tf=daily&tpo=6&ll=&ul=&sp=1&startDate=09-03-2020&endDate=09-03-2020&nDays=1&idstr=&dstr=_1&rst=0&iam=
09:13 Shai : This is the spot one
09:13 MJ : Spot better.
09:13 Uttam : https://mplite.vtrender.com/?symbol=NIFTY_SPT&tf=daily&tpo=6&ll=&ul=&sp=1&startDate=02-03-2020&endDate=11-03-2020&nDays=7&idstr=.1_1.1_2&dstr=4._3&rst=0&iam=
09:13 Dhananjayan : GM all
09:15 Chandrashekhar : O-H in NF with lots of 0’s in it
09:16 Rahul : 000
09:18 Chandrashekhar : Shai speedometer @ 120 for NF…do we still wait for some more time here?
09:18 Shai : yes 1st 5 mins
09:20 Chandrashekhar : thanks shai
09:21 Aditya : Good Morning all
09:21 Ravi : why digits are so small today?
09:21 Ravi : not readble
09:21 Uttam : gap up
09:21 Uttam : should be fine in sometime
09:22 Rahul : Thanks uttam
09:22 Rahul : Please check for joinme and zoom as well
09:23 Amit : GM Shai. Amit Jain here after many years.
09:24 KK : Banknifty day Shai. post HDFC bk results?
09:24 Shai : Gm Amit. Welcome back
09:25 VijayT : @Shai BNF chart needs adjustment
09:25 Narendra : s
09:28 JayJ : 10830-10690 is unfilled gap down
09:35 Uttam : OAOR in both
09:35 Uttam : vols just slightly better than average
09:35 Shai : yes vol cooling down on the OAOR
09:36 Shai : focus shifts to B
09:36 Rahul : are charts stuck ?
09:37 Abhishek : ye
09:37 Abhishek : yes
09:37 Ravi : OAOR means?
09:37 Ravi : sorry i m new
09:37 Manish : Hello All. GM
09:38 Uttam : it is an open type in Market Profie – Open Auction Out of Range – (09:37) Ravi : OAOR means?
09:39 Uttam : both NF & BNF testing the morning 0s
09:39 Jitender : vix +ve
09:40 K2dt : kuch to jhol hai Jit
09:42 Jitender : πŸ™‚
09:43 Himanshu : Vix had bounced from this level to *0
09:43 Himanshu : to 80 –
09:45 K2dt : +1 H
09:47 Kannan : What’s the price of the first candle’s POC, please?
09:48 Uttam : on 5mins?
09:48 Uttam : 10670 in NF
09:48 Kannan : Yes, Uttam. Thank you!
09:48 Uttam : +1
09:50 Ankush Jain : after gap up, again sideways
09:50 Uttam : typical OAOR
09:50 MJ : bnf nf async.
09:50 Ankush Jain : maybe we wait till 11;15
09:50 Uttam : BNF made a bigger gap
09:52 Himanshu : MJ – HDFC bnk – 4 % up and then will attract some profit booking
09:52 MJ : πŸ™‚
09:52 Himanshu : Result spike coulbe over at 1100 & Below
09:52 MJ : Closed out buddy.
09:52 MJ : Want to stay away from result volatilty.
09:53 MJ : RIL also does 1818. friday closing could see some shorts lifting.
09:53 Ravi : is good time to go short on nifty?
09:54 Govind : Shai, can you please adjust the zoom screen? numbers are too small. Thanks
09:54 Uttam : @Ravi as you are new please go through the trianing library vides & understand how we trade here
09:55 Himanshu : Hain Short ?
09:55 Uttam : we have some well defined set ups which we use for trading intraday
09:55 Uttam : so once you get well versed with them you will be able to make out what we need to do when
09:57 Suresh : Open in Nifty is still protected
09:57 Suresh : Can we short will small SL
09:59 Uttam : 1.4L in NF
09:59 Uttam : both sides
09:59 Vishnu : suresh we havent seen any big cot here. lets wait for confirmation and as OAOR some time market will be here and thr . lets the momentum comes we can do. Also @UG low volume in A period.
09:59 Suresh : sure sure anywayz open broke
10:01 Rahul : UG are these 1.42 are late buyers ?
10:02 Uttam : 168-172 is a high vol zone on that 10600ce
10:02 Uttam : if takes that out more upside expected
10:03 MJ : UG: seeing any bnf options?
10:03 Uttam : 22k ce above 555
10:03 MJ : Thanks.
10:04 Himanshu : This day reminds of 9th March
10:04 Himanshu : it seems
10:04 Himanshu : Overall volumes will be high – UG ?
10:05 Dhananjay : 0S in last candle with 142k ?
10:05 Dhananjay : how we should interpret as
10:06 Rahul : Shai are these 1.42L are late buyers, thanks
10:07 MJ : Bias check.
10:08 MJ : Gap up. price above vwap. Still in IB period. and OAOR open.
10:08 Himanshu : MJ /UG – Hope are not Masked COts,,
10:09 Chandrashekhar : charts lagging?
10:10 Himanshu : Vol dropping in BNF –
10:10 Himanshu : HDFC B in mood to check Gap up
10:11 Aditya : chart not updating
10:13 Shai : charts fine?
10:13 Rahul : y
10:13 Manish : y
10:13 Aditya : lagging
10:13 Shai : ok
10:13 Chandrashekhar : now yes..thanks Shai
10:13 Shai : OAOR
10:13 Govind : zoom needs adjustment please
10:13 Tejpreet : Uttam BN set for c side
10:13 Chandrashekhar : it was quite lagging earlier
10:13 Shai : Al of us got robbed of an easy 100 point long trade cos of the gap up
10:13 Shai : now the market is doing nothing
10:14 Aditya : :))
10:14 Shai : stay calm- don’t overthink this
10:14 Ankush Jain : maybe sell straddles?
10:14 Shai : let the OAOR play out
10:14 Rahul : number are looking small in join me and zoom , can we increase the size of it. Thanks
10:14 Aditya : those look like serious sellers in the 1000 bar??
10:14 Uttam : Shai we can take BNF IBH as 22316?
10:15 Uttam : that 22444 was a freak tick
10:15 Sanjib : NF IB Range showing 39.7. Needs a correction
10:15 Uttam : Tej doing this – (10:13) Tejpreet : Uttam BN set for c side
10:15 Uttam : 53 point IB in NF
10:16 Uttam : 10714-10661′
10:16 Sanjib : Yes UG
10:16 Uttam : charts showing IBH at 10714
10:16 Uttam : left box needs an update
10:16 Himanshu : Chief – If you coud increase font size in BNF – Zooom – 5 mt chart
10:16 Sanjib : Yeah, but the Blue Box at down below showing IB Range as 39.7
10:16 Jitender : hope no one caught on wrong side (09:39) Jitender : vix +ve
10:16 Uttam : that is because left box showing IBH at 10700
10:17 Rahul : thx jit
10:17 Sanjib : OK…
10:17 Jitender : wc Rahul
10:17 Favas : +1jit
10:17 Uttam : 0s at top
10:18 Jitender : +1 Favas
10:18 Uttam : signalled the end of the move higher from open
10:18 Sanjib : +1 UG
10:18 Uttam : now late longs liquidating
10:18 Sylvester : Uttam what does “C side” mean?
10:18 Himanshu : FA in C
10:19 Uttam : it is one of the most important set up in training library
10:19 Himanshu : Is on website – Failure of Auction n C
10:19 Uttam : open type then IB then C side
10:19 Uttam : 3rs video
10:19 Uttam : 3rd
10:19 Favas : jit ur ref for bnf down side?
10:19 Himanshu : Bhai Log – Saturday/ Sunday – Most important Show is Vtreder Library
10:19 Uttam : 167 high – (10:02) Uttam : 168-172 is a high vol zone on that 10600ce
10:20 Himanshu : The First indication apart from Zeros at top was
10:21 Himanshu : Chief’s latest – Simulator – Spedometre
10:21 Himanshu : Volume Drops at Top Post – A
10:22 Jitender : Favas dval n gv me 21900 πŸ™‚
10:22 Jitender : else dval to dpoc
10:22 Uttam : BNF has a 156 point IB & 15.6 L vols in IB πŸ™‚
10:22 K2dt : banks not giving “saath” to nifty
10:22 Favas : tnx:)
10:23 Rahul : can anyone help me what does this bink bank in BNF indicates
10:23 Rahul : *pink
10:23 Uttam : seller imbalance
10:23 Rahul : Thanks Uttam
10:23 Uttam : that came as 4350 has 0 as the corresponding buyer
10:24 Uttam : so make note of the numbers when you see such an imabalnce
10:24 Uttam : if numbers are low can ignore
10:24 Rahul : Sure Uttam
10:25 Uttam : Tej gets his C side in BNF
10:26 Uttam : charts stuck?
10:26 Boppanna : charts lagging?
10:26 Uttam : yes
10:26 Chandrashekhar : yes charts lagginf here as well
10:27 Himanshu : BC
10:27 Himanshu : Jit – BNF gone to kiss your 21900
10:27 Manish : woh, is that real, all “Zeroz” in BNF?
10:28 Uttam : 60k green at 22145
10:28 MJ : bnf nf async got good bread butter. With Jit’s vix comment.
10:28 Jitender : nt yet (10:27) Himanshu : Jit – BNF gone to kiss your 21900
10:29 Ankush Jain : in left box it says IBH 10700. it needs to be corrected
10:29 Jitender : keep trailn pls
10:29 MJ : Out J.
10:29 MJ : Dt and out.
10:29 Tejpreet : Uttam over to you know c side plus 59k green
10:30 Jitender : Shai…refrsh pls
10:30 Avinash : +1 MJ
10:30 Manish : NO MJ, stay with us, even though you’re dt and out.
10:30 Uttam : well played Tej πŸ™‚ – (10:29) Tejpreet : Uttam over to you know c side plus 59k green
10:30 Aditya : charts lagging a lot
10:30 Tejpreet : Partly played next part upto you and Jit πŸ™‚
10:31 Manish : Charts???
10:31 Rahul : C side extn as Shai explained in training videos
10:32 Jitender : Tej…almost home πŸ™‚
10:32 Jitender : 1 or 2 trades max needed
10:33 Tejpreet : +1 my home run done :0
10:33 Jitender : +1
10:34 Avinash : +1 Tej
10:35 MJ : Thanks Avinash.
10:35 K2dt : 10.7k ce writers as a matter of fact writing more
10:36 MJ : Manish, here only πŸ™‚
10:36 Himanshu : MJ – Dalwada Break in moonsoon
10:37 Himanshu : Today HDFC B – is key driver,,
10:37 Tejpreet : tks Jit and Avinash
10:37 Rajesh G : UG bnf is OAIR or OAOR
10:38 Narendra : charts stuck??
10:38 Manish : MJ, can u share your Tele ID?
10:38 Aniket : Yes charts are stuck
10:38 Ankush Jain : markets too are stuck
10:39 Bhavesh : no screen
10:40 Himanshu : May be Restart etc
10:40 Ankush Jain : looks like one of those days when nifty refuses to move nad charts following suit
10:40 Himanshu : I could see Chief’s Face .. I guess
10:40 Ankush Jain : πŸ™‚
10:41 MJ : 65k in bnf is upto something?
10:42 MJ : @manish slack @mj.
10:42 Manish : noted
10:44 Shai : charts back?
10:45 K2dt : y
10:45 Suresh : y
10:45 Rahul : y
10:45 Manish : y
10:45 Shai : lol – was not me – (10:40) Himanshu : I could see Chief’s Face .. I guess
10:45 Shai : I don’t even have a webcam now πŸ™‚
10:45 Ankush Jain : ibh value in box still not ok
10:45 Manish : captain cool?
10:46 Shai : was waiting for a delivery of logitech new webcam c922 and the bloody thing is still out of stock
10:46 MJ : Amazon?
10:46 K2dt : H always gets to see chief’s face πŸ™‚
10:48 Tejpreet : tks Uttam got the c lows almost…and half exit at vwap
10:48 MJ : +1 tp
10:50 Tejpreet : tks
10:50 K2dt : bnf c side UG?
10:51 Uttam : super Tej +1
10:52 Tejpreet : Tks Uttam but BN is controlled by your hypos
10:54 Uttam : _/\_
10:56 Seshadri : any trade calls shai
10:56 Shai : 0 trades from open
10:56 Shai : waiting
10:56 Avinash : @Shai are we back in the pre covid low volatility, low day range era already or this is a pause?
10:56 Shai : out of stock – (10:46) MJ : Amazon?
10:57 Seshadri : ok shai.. will wait for your guidance
10:57 Shai : not yet- (10:56) Avinash : @Shai are we back in the pre covid low volatility, low day range era already or this is a pause?
10:58 Shai : vix diff to break below 22 this month
10:58 Shai : 22- 30 still range of vix
10:59 Avinash : Ok, thanks
11:02 Tejpreet : sleep mode first half now…OAOR and probable p and b nf and bnf…..unless LLT wakes up.
11:03 Rajesh G : bnf forming b and nifty forming P what does it indicate shai
11:06 Sanjiv : vix is resting at 200DMA for whatever it’s worth
11:07 Jitender : wich is …25.67 ?
11:10 Rahul : grreens at vpoc
11:12 Rahul : UG 20k is SL or late buyers ?
11:12 Rahul : in NF
11:12 Sanjiv : 25.73 Jit
11:13 Sanjiv : This was the level where it closed on 9th march as well
11:14 Sanjiv : sorry opened and then closed above 30
11:15 Avinash : 000s
11:16 Rahul : 000s
11:16 Jitender : Favas dval to dpoc(at that time) also done…(10:22) Jitender : else dval to dpoc
11:16 Jitender : day labour done…peace pipe lit πŸ™‚
11:16 Tejpreet : +1
11:16 Avinash : +1 Jit
11:17 Favas : +1 jit
11:17 Uttam : 10600ce into that 168-172 zone
11:17 Manish : whats this, contradictary COT’s
11:17 VijayT : +1 Jit
11:17 Jitender : tx guys
11:17 Favas : same here with 22000 ce\
11:17 Jitender : Congo +1
11:17 Favas : πŸ™‚
11:18 Tejpreet : +1 Favas
11:18 Avinash : +1 Favas
11:18 Favas : tnx guys
11:19 MJ : COT reds on RS is high prob of someone booking out.
11:19 MJ : though prev bar has 0000 above.
11:21 Manish : But COT in NF is -91K and in BNF is 18k?
11:22 Shai : RS bar, not an IS
11:23 Uttam : RS is old business
11:23 Uttam : IS means fresh shorts
11:23 MJ : Manish. COT is second check. first check is IB IS RB RS.
11:23 Shai : 10685 expected again on this RS sl of 10730
11:23 Shai : cmp 10714
11:23 Uttam : 0s at top once again
11:25 Uttam : E doing a C side in NF today?
11:26 Jitender : tx (11:12) Sanjiv : 25.73 Jit(11:13) Sanjiv : This was the level where it closed on 9th march as well
11:26 Uttam : NF getting some greens
11:27 MJ : UG IB range is 59.4 no?
11:27 Uttam : BNF could also do with an upside filling
11:27 Uttam : 53
11:27 MJ : Thanks
11:27 Uttam : 10714-10661
11:28 MJ : Box IB range and high low seems to have frozen.
11:28 Ankush Jain : today chrts not ok
11:28 Uttam : boom boom coming?
11:29 MJ : Je baat dost.
11:29 Himanshu : Volume –
11:29 MJ : Je baat!
11:29 MJ : πŸ˜€
11:29 Ankush Jain : was there a 1lk seller in NF in 11:15 bar?
11:30 Shai : linit set order got hit in illiquid conditions
11:30 Shai : exit shorts if any
11:30 Shai : bid-ask differentials
11:30 Uttam : BNF needs to get above 22290
11:30 Shai : 720- 740 had no volume
11:31 Rahul : yes
11:31 Seshadri : 10700 put oi is more than call oi
11:32 Uttam : 10733 is the 1 atr target from that negated FA of 10516
11:32 Uttam : also 10533 now a multiday FA in NF
11:32 Uttam : 1 atr target from that comes to 10742
11:33 MJ : Everyone is and their fufaji looking at that spot gap of 10751 – 10827 zone.
11:36 Shai : sonme one switched a huge 10700 ce to 10700 pe position in that 20 point jump
11:36 Shai : And added NF shorts to it
11:36 Shai : is a hedge trade
11:36 Shai : 10710 ref line here
11:37 Uttam : 25 points above this zone – (10:02) Uttam : 168-172 is a high vol zone on that 10600ce(10:02) Uttam : if takes that out more upside expected
11:37 Ankush Jain : Shai any signifigance of +1lk seller in 11:15 bar NF??
11:37 Uttam : 197.6 high in that 10600ce once it crossed 172
11:37 Tejpreet : +1
11:37 Shai : pay attention only to IS if looking for sellers- (11:37) Ankush Jain: Shai any signifigance of +1lk seller in 11:15 bar NF??
11:38 Ankush Jain : ok thanks
11:39 Ankush Jain : can we go long as per as IBH has been taken out
11:40 Uttam : -1.7L COT on the IB breakout does tell us to wait
11:40 Shai : MUTUAL WITHDRAWL OF INDIAN , CHINESE TROOPS HAS TAKEN PLACE MOST LIKELY LIMITED TO GALWAN VALLEY : NDTV SOURCES
11:40 Uttam : if those 0s at top get negated can give fresh upside
11:41 Uttam : E wala extension handle there in NF
11:45 Uttam : take that 22290 out BNF
11:45 Uttam : and lets go for 22365-395
11:45 Himanshu : China – Gave up – COT
11:46 Jitender : one of the reasons is that the valley stream will see increased water flow due to monsoon …hence China is playn smart (11:40) Shai : MUTUAL WITHDRAWL OF INDIAN , CHINESE TROOPS HAS TAKEN PLACE MOST LIKELY LIMITED TO GALWAN VALLEY : NDTV SOURCES
11:47 Jitender : tats wat is being analysed
11:47 Jitender : also
11:47 Shai : +1
11:48 K2dt : that is smart move, Jit
11:48 Manish : China is a bully. he will never back down himself unless punched in the nose and bled
11:48 Manish : IS
11:48 K2dt : poor high in NF
11:48 VijayT : +1 Jit
11:51 Jitender : ys K
11:51 Shai : RIL is having a trend day up
11:51 Ankush Jain : r we looing at 2xIB tgt?
11:51 Ankush Jain : looking
11:53 Jitender : the dam Chinese built to stop flow of the Galwan stream has developed cracks..is the reason fr flow..as per TV
11:53 Ankush Jain : chrt showing 2IB as 10740??
11:54 Ankush Jain : It should be more
11:54 Shai : 10685 sl in NF for rest of the day
11:54 Shai : could do more than 2IB as it is OAOR
11:55 Shai : 2IB is 10770 F today
11:55 Ankush Jain : thanks
11:55 Shai : wil;l buy any dip which comes near vwap with a small stop
12:04 Shai : same time discount shrunk 20 points – (11:36) Shai : sonme one switched a huge 10700 ce to 10700 pe position in that 20 point jump
12:05 Shai : typical of the market to probe the illiquid zone to see if any more orders are coming
12:06 Shai : now for 30 mins more in the same 2 min zone
12:14 Uttam : F was an inside bar now can G make it hihger?
12:15 Manish : -2.4L cot in 30 mins NF on the 11:15 candle VS +75k in BNF
12:15 Uttam : (11:27) Uttam : BNF could also do with an upside filling
12:15 Uttam : so far so good but now lets get above 22290-316
12:16 Uttam : spot needs to get above 22300
12:18 Boppanna : Uttam BNF needs a boom booom
12:18 MJ : @Manish ignore 30 min COT for intra view.
12:19 Uttam : Bops when you are here
12:19 Uttam : no worries πŸ˜‰
12:19 Uttam : you waiting for H or doing it in this period?
12:19 MJ : Bopsss. Hammerman! get some bnf moves.
12:19 Boppanna : europe open wait on I think
12:20 Shai : can spike abv 10743
12:20 Shai : 10707 IBH now a supp
12:20 Uttam : boom boom coming?
12:20 Govind : Shai, pls show some love to BNF too πŸ™‚
12:20 Uttam : BNF lets go above 22290
12:21 Uttam : soit getting closer to that 22300
12:22 Shai : Any close abv 22200 today in BNF sets up 22800- 23000 easy
12:22 Shai : go with 22800 callsif auction gets IB’s here
12:22 Uttam : +1 Shai
12:22 Govind : Thanks Shai
12:22 MJ : Get it chief. Waiting like a fisherman since C lows.
12:24 Ankush Jain : OTM calls positional?
12:25 Shai : yes positional
12:25 Ankush Jain : +1
12:25 Shai : NF behaving better thanbk to RIL
12:25 Tejpreet : SL for this BN view Shai
12:25 Ankush Jain : getting hold of the system a bit after watching it all last week
12:25 Manish : isn’t this wrong POC in 11:20 candle for NF?
12:26 NeerajS : positonal means should by month end calls ?
12:26 Shai : 22100 tej
12:26 Shai : 22200 is where the volume is last 5 sessions
12:26 Shai : won’t give a pass easy, hence the stall
12:27 Tejpreet : We wait chief till that IB comes up , tks.
12:30 KK : RS
12:32 Uttam : soomw writing happening in 22500ce looks like
12:32 Uttam : 30k increaose in OI
12:32 Uttam : last 15 mins
12:33 MJ : 330 – 280 zone old writers in that 22500 ce. @UG.
12:33 Uttam : looks like Bops has scripted this one as well for his Hammer Time
12:35 Seshadri : pink band in NF at 10742
12:37 Boppanna : +1 Uttam that 22500 ce needs to sustain 260
12:37 Uttam : yes Bops
12:37 Uttam : get BNF above 22290 and that CE will also come above 260
12:38 Govind : 22250, that HVN and also today’s DPOC, is like a magnet UG
12:39 MJ : +1 Gov.
12:41 Boppanna : H plan simple one check C low or watch IB and and move past 290
12:44 Shai : BNf zoonmed
12:44 Uttam : je baat
12:44 Shai : why is the market so li-liquid today
12:44 Uttam : 76k green
12:44 Narendra : shai 22800 ce buy??
12:44 K2dt : today mkt behaving like aaram aaram then boom πŸ˜€
12:44 K2dt : dt done
12:45 Tejpreet : one bar another dt …super stuff bn
12:45 Shai : 10740 trailing for 10780
12:46 Boppanna : +1 Bingo trades congrts
12:47 Boppanna : @Tej
12:47 Vishnu : 3 trades dt done
12:47 Jitender : congo guys
12:47 Favas : bnf huge cot?
12:48 K2dt : congrats all
12:48 Avinash : Congrats to all the greens
12:48 Favas : nifty & bnf ciot is upside down
12:48 Favas : cot
12:48 Favas : ug?
12:49 MJ : CE’s hit dhi.
12:49 MJ : bnf.
12:49 Uttam : 22500ce from 258 to 285 50% out
12:49 Boppanna : 260-288
12:49 MJ : Same trade UG 239 290.
12:49 Uttam : (11:45) Uttam : take that 22290 out BNF(11:45) Uttam : and lets go for 22365-395
12:49 MJ : Congrats.
12:49 Uttam : keed it above 22365 for more
12:49 Shai : littel late spike but cleared as expected- (12:20) Shai : can spike abv 10743
12:50 Uttam : that is the selling tail of last week
12:50 Govind : Congo guys
12:50 Shai : done- (11:54) Shai : 10685 sl in NF for rest of the day(11:55) Shai : 2IB is 10770 F today
12:51 Shai : 10740 supp now
12:51 MJ : Bnf gotta get out of the shadow of A.
12:51 Shai : can buy anything which comes to 10722 with sl of 10704 now
12:51 Ankush Jain : what is this figure. I can see it on MP chart too
12:51 Ankush Jain : 10740
12:51 Uttam : 10740 is todays ext handle
12:52 Uttam : 2nd ext handle of the day
12:52 Uttam : first one was E period at 10716
12:53 MJ : One 0’s test bnf?
12:53 Uttam : 22290 needs to hold
12:53 Uttam : below that also 0s there from 22270
12:54 MJ : 108 pt intra candle that bnf did.
12:55 MJ : 1 min.
12:55 MJ : Kya khati hai bnf?
12:55 Amit Jain : Ruchi Soya πŸ˜€
12:57 Uttam : levels rock – (11:45) Uttam : take that 22290 out BNF(11:45) Uttam : and lets go for 22365-395
12:57 Uttam : 22290 was such a imp one
12:57 Govind : +1 UG
12:57 Uttam : when Bops hammered it gave a move till that selling tail
12:57 Uttam : should have been a 100 pointer
12:57 VijayT : +1 UG we all hunted like a wolf pack.
12:57 Uttam : 22394 is also the 1.5 IB
12:57 Uttam : super +100 congo guys
12:58 Govind : did 22200CE from 385 to 425…
12:58 Uttam : super Gov
12:58 Uttam : looking for 330 in that 22500ce
12:58 Govind : thanks bro
12:59 Govind : Bops is gonna give new highs or what
12:59 Uttam : has to
12:59 MJ : $$$$$ get that UG $$$$$
12:59 Uttam : H job is still not over
12:59 Govind : but the DH is a freak tick right?
12:59 Uttam : yep
12:59 Uttam : but not looking good on profile na πŸ˜‰
13:00 Govind : yeah true
13:00 Uttam : I am happy with 22394 also in H
13:00 Shai : 2 IB done in NF
13:01 Shai : no extra longs here
13:01 Shai : one dip should come
13:01 Ankush Jain : +1
13:01 Uttam : get it in BNF also Shai please πŸ˜‰
13:01 Ankush Jain : buy on dips near 740?
13:03 Shai : 740 or 720
13:03 Shai : wait for OF
13:04 Sreedhar : BNF shai?
13:05 Shai : 22220 supp
13:05 Tejpreet : Uttam is on bn boat πŸ˜‰
13:05 Uttam : lol
13:05 Sreedhar : +1 Shai
13:05 Shai : for BNF check with Uttam, he is the ring leader who commands the Lions πŸ™‚
13:05 Boppanna : +100 Shai
13:05 Uttam : _/\_
13:05 Ankush Jain : ati uttam
13:05 Tejpreet : Seriously Shai πŸ™‚
13:06 Sreedhar : +1 Shai
13:06 MJ : +1000
13:06 MJ : UG is the chief nagivator in bnf.
13:06 MJ : can’t trade without his ref.
13:07 Uttam : 22365 or 22290 lets see which side gives way first
13:07 Uttam : booked all for now
13:08 Uttam : 249 sup in that 22500ce for now
13:08 Govind : nf spot 10800
13:09 Uttam : NF is trend day profile so far
13:09 Uttam : BNF has been lagging but now has a FA confirmed at lows
13:09 Govind : super
13:10 Sylvester : For FA confirmation arent we required to cross A high Uttam?
13:10 Uttam : A high was a freak one, had mentioend that in the morning
13:10 Uttam : I have taken IBH as 22316
13:10 Sylvester : OK noted
13:12 Uttam : dPOC test coming in BNF?
13:12 Uttam : 22240
13:12 Uttam : afternoon signal could be a good one today in BNF
13:13 Uttam : lets see
13:14 Rajesh : Uttam – Are we getting DPOC or going higher?
13:14 Uttam : that 22625 is elluding me from last week
13:15 Uttam : @Rajesh – (13:07) Uttam : 22365 or 22290 lets see which side gives way first
13:15 Uttam : no positions as of now
13:15 Aditya : for positional trades, is it better to take bias from the 30min charts?
13:16 Uttam : our setups are anyways based on Market Profile Aditya which are 30min TPOs
13:16 Uttam : the 5min levels give you better entry & exit levels
13:16 Aditya : understood
13:16 Uttam : the 5min OF levels I mwant
13:17 Uttam : I wants to go higher?
13:17 Uttam : 22390
13:17 Uttam : 22394
13:17 Uttam : done 1.5 IB
13:18 Tejpreet : Tks
13:18 Uttam : (11:45) Uttam : and lets go for 22365-395
13:18 MJ : 330 dedo ug. orders hai udhar. 22500 e
13:18 Uttam : 22394.9 high so far
13:18 MJ : ce*
13:19 Shai : I is HH in NF
13:21 Vishnu : 265-290 in 22.5 ce bank nifty almost 2 dt
13:21 Uttam : congrats Vishnu +1
13:21 Vishnu : thanks ug
13:23 Vishnu : shai bank for 22800?
13:25 Ankush Jain : NF SL now 10752?
13:25 Vishnu : 10820 in nf needed ug?
13:25 Uttam : a pull back would be better
13:26 Vishnu : from 10608-10838 sngles in nifty
13:28 Uttam : singles is actually till 10990 Vishnu
13:28 Uttam : as we opened with a huge gap down on 9th Mar
13:29 Uttam : 10827 was the low of 6th Mar
13:29 MJ : 20 more for that gap fill.
13:29 Shai : 22 510 plus poss today- (13:23) Vishnu : shai bank for 22800?
13:29 MJ : nifty spot.
13:29 Uttam : Spot only I am talking about MJ
13:29 Shai : sl still vwap-fllter
13:29 Vishnu : +1 shai
13:29 Uttam : singles are till 10989
13:30 MJ : Yes Ug.
13:30 Vishnu : yes ug
13:30 MJ : With seeing your morning mplite link only.
13:30 Uttam : invisible tail
13:30 MJ : aye
13:30 Uttam : 10865 is an imp level in spot for this week if we get there
13:32 Avinash : Zoom meeting ended?
13:33 Uttam : no its on
13:33 Avinash : k, will try again
13:33 MJ : Refresh Avi.
13:33 MJ : Its on.
13:34 Uttam : BNF fresh boom boom?
13:34 Uttam : 2IB comes to 22472
13:34 Avinash : Refresh didnt work
13:34 Shai : Go long in NF abv 10785 for 10822 sl fo 10755
13:34 Avinash : but getting back in now
13:35 Shai : Abv 10785 only
13:35 Shai : looking at j to extend in 8 mins
13:35 Uttam : +1
13:37 Uttam : (12:53) Uttam : 22290 needs to hold
13:37 Uttam : BNF made a low of 22305 after breaking out
13:39 MJ : 302.8 22500 ce so far.
13:40 Uttam : looks like that CE also is getting ready for a bigger jump
13:41 MJ : 886k passenger on board in that one (oi)
13:44 Uttam : IS in both
13:45 Avinash : Trip to Vwap?
13:45 Shai : yes
13:45 Shai : 10740 coming as did not make abv 10785
13:45 Vishnu : pb shai?
13:45 Avinash : tx
13:45 Shai : 1st IS of day
13:46 Shai : 10742
13:46 Uttam : 302 to 232 in that 22500ce in 6 mins
13:46 Uttam : what a fall
13:46 Vishnu : yea
13:46 Uttam : so important to be in the right option at the right price
13:46 Shai : so all of you who were waiting for IS, this is what an IS can do
13:46 Uttam : deadly
13:46 Shai : it’s quick
13:46 Rahul : Yes Shai,
13:46 Boppanna : +1 BNF 220 check
13:47 Uttam : 22222
13:47 Suresh : yeah IS triggered all trailing SL πŸ™‚
13:47 Uttam : that CE makes new lows for the day
13:48 Uttam : no wonder that 22500ce OI was rising
13:48 MJ : yes Ug.
13:48 MJ : πŸ™‚
13:48 Uttam : down 35k in this dip
13:49 Rahul : was short, kept 10786 as SL , IS did the part.
13:49 MJ : Nice trade Rahul.
13:50 Ravi : can short here?
13:50 NeerajS : the Red IS indicates indicative selling?
13:51 Uttam : initiative selling
13:51 Boppanna : initiative selling
13:51 Rahul : Thanks MJ, Indirectly Shai trigger was my SL , i was like if this goes nee to reverse the trade
13:51 Uttam : please go hrough the training library videos guys
13:51 Uttam : to understand the set ups & concepts
13:51 Shai : 10730 expected 10767 sl
13:51 Uttam : only after that you look for trades here
13:52 Shai : will reverse to longs abv 10768
13:52 Uttam : every trade idea needs to have a good reason
13:52 Rahul : UG 1+ yes , Training videos are very important,.
13:52 NeerajS : whole weekend did that…have some doubts…may be need practice to see it live
13:54 Uttam : yes Neeraj we can speak post market today
13:54 Uttam : to clear your queries
13:54 NeerajS : sure πŸ™‚
13:55 Shai : okay some blue cot
13:55 Shai : exit the NF shirt at cost
13:55 MJ : dip was used to clear inventory. IMO.
13:55 MJ : ce oi dipped in this drop.
13:56 Shai : Buy NF abv 10767 sl of 10736 tgt 10804/ 10824
13:56 Uttam : pull back done?
14:01 Uttam : both spot & fut have same PBL at 22222 πŸ™‚
14:02 Himanshu : UG but we have not cleared yet A top
14:02 Himanshu : in F – in Spot done,,
14:02 Uttam : 22360 is that IS in BNF
14:03 Uttam : 0s from 22380
14:03 Uttam : these 2 levels need to be taken out
14:03 Uttam : for fresh move up
14:05 Uttam : 10800ce OI rising big
14:06 Boppanna : 22500ce 250 now resisting
14:07 KK : Dax
14:08 Rahul : 10700 CE writers giving up
14:08 Uttam : yes Bops change in polarity
14:11 Rahul : Shai do we look at 10720 now if we get
14:11 Shai : not on IS
14:12 Shai : buyers did not trigger the level
14:12 Rahul : yes subject to OF
14:12 Shai : K will make it clear
14:12 Shai : J has made it complex
14:13 Aditya : on the 30-min chart, does it look like IS. Sellers in control, POC in the middle
14:14 Shai : 10722 still a supp here
14:14 MJ : ext handle outside a big range.
14:14 Shai : if these IS break that we get more selling else it igoes to neutral again
14:14 MJ : Neuex! please.
14:15 Tejpreet : NF needs some rest ….BNF needs to work now.
14:15 Shai : ignore this – (13:56) Shai : Buy NF abv 10767 sl of 10736 tgt 10804/ 10824
14:16 Ankush Jain : ignored
14:17 Jitender : easy day so far
14:17 Sreedhar : UG supp for BNF 22160?
14:17 Jitender : Dh in bnf gave a classic MP + OF trade…if anyone can guess…what was it ? gave me 1 extra DT
14:17 Jitender : n wat was the logic fr it
14:18 Uttam : PBL 22222 is the support in BNF now
14:18 Sreedhar : +1 UG
14:18 Uttam : needs to get above 22316 & close higher today to remain bullsih
14:19 Uttam : 22360-380 minor hurdle
14:19 MJ : OTF stop? and 0000
14:19 Boppanna : OF two siiting ducks & MP freak high
14:19 Jitender : look at dpoc…and profile
14:19 Jitender : dpoc heavy and stretched profile
14:20 Boppanna : ok Jit
14:20 Jitender : so magnet was beckoning
14:20 Jitender : how do u jump…u jump wen u get , as BoPs said 12+20 two sittn ducks at highs
14:20 Shai : one time frame ended
14:20 Shai : this is the start of what could be a whippy week
14:21 Boppanna : Shai what ails BNF?
14:21 K2dt : yes chief looks like both bulls and bears will fight hard here
14:21 Jitender : close to DH in bnf, so was an easy trade with very small SL and aimed for dpoc
14:21 MJ : Nice one Jit.
14:22 Boppanna : +1 Jit
14:22 MJ : Thanks for the context.
14:22 Uttam : Bops are you giving a 21840 tag in BNF today?
14:22 Shai : 22200 break will bring liquidation in BNF also
14:22 Jitender : and I didnt go over A πŸ™‚
14:22 Uttam : πŸ™‚ Shai
14:22 Shai : if 10720 breaks in K we can drop a further 40
14:23 Aditya : Understood Jit. Thanks vm for explaining.
14:23 Jitender : wc guys
14:23 Rahul : a question: green box with 11k is that SL or late buyers ?
14:23 Avinash : +1 Jit, Thanks for the golden nuggets
14:24 Jitender : watever the noise… remain focussed on structure of MP also…it gives good r/r trades
14:25 K2dt : +100 Jit
14:27 Jitender : G,H gave filip in NF & not bnf…so tat divergence mant one humoty will either have to become a kangaroo..or lighten its load
14:27 Jitender : &meant
14:28 Jitender : n * humpty
14:28 Jitender : now Shai can relax as i make more errors in typn..than him πŸ™‚
14:28 Shai : +1 Jit
14:28 Shai : πŸ™‚
14:29 Shai : 1 area I can be better than you is spellings and you want to take that away πŸ™‚
14:29 Jitender : _/\_
14:29 Shai : mis-spelling**
14:29 Jitender : always behind u Shai…in every aspect of tradn n understandn mkt
14:29 Tejpreet : Jit got some premium seats for bn fireworks , light it up now
14:30 Jitender : _/\_ Shai
14:30 Jitender : Tej…u want tem today or morrow πŸ™‚
14:30 Tejpreet : Jit and fireworks …bot reads it IB in πŸ™‚
14:30 Shai : _/\_
14:31 Shai : Bot has to mention the b word first for the move up no?
14:31 Tejpreet : πŸ™‚
14:31 Rahul : a queston: what does green box indicate
14:31 Uttam : green box means a big buyer
14:31 Shai : twice he will say b*** b***
14:31 Uttam : actually an imbalance
14:31 Uttam : _/\_
14:32 K2dt : πŸ˜€
14:32 Uttam : IB forming
14:32 Uttam : upper profile still looks incomplete
14:32 MJ : TP i am behind you. BNF show booked.
14:32 Uttam : and that 22222 saved for now
14:32 Rahul : Thanks Uttam, and if said green box is at top of bar and market moves down does it denotes anything ?
14:32 Tejpreet : am risking .25 dt on bn for 1 dt πŸ™‚
14:32 Shai : https://mplite.vtrender.com/?symbol=NIFTY_SPT&tf=daily&tpo=2&ll=&ul=&sp=1&startDate=05-03-2020&endDate=09-03-2020&nDays=3&idstr=&dstr=&rst=1&iam=
14:32 MJ : Now for UG. and the BBs
14:32 MJ : yes sl out of profit.
14:32 Shai : between here and 11400 the market killed a lot of traders in March
14:33 MJ : Oh yes chief.
14:33 MJ : Slaughter house.
14:33 Vishnu : yes shai and we made from that
14:33 Shai : I’m expecting dips to be bought with sl below 10560 where we sae the last imbalance
14:33 MJ : And we also did the killing no? πŸ™‚
14:33 Shai : it could be a slow grind up
14:33 Shai : As long as 10560 holds
14:35 Himanshu : HDFC B ditched
14:36 Himanshu : Earnings trade over for punters
14:37 Shai : still doing well that bank H
14:37 Shai : next trigger is Aditya’s retirment
14:37 Himanshu : Typical OAOR Chief – always changes direction at 1.30-1.45
14:37 Himanshu : Oh yes,
14:38 Himanshu : He sold his ESPOs in Jan- Feb
14:38 Himanshu : Lucky Man
14:38 Shai : πŸ™‚
14:39 Shai : Go short if 10722 breaks
14:39 Shai : upmove done for day
14:40 Uttam : spike close coming Shai?
14:40 Himanshu : The catch is how – do they get Identical Figure in qtrly growth ..
14:40 Himanshu : I mean like Excel Formulaes
14:41 Manish : the red dort here at NF means relatively large seller?
14:41 Manish : dot *
14:41 Aditya : imbalance
14:41 K2dt : yes Manish… LLTs
14:42 K2dt : large lot traders
14:42 Manish : being specific, is it LLT or relatively larger imbalance?
14:43 Manish : someone pointed to the later the other day.
14:44 K2dt : imbalance is denoted by a band not dot
14:45 Uttam : dot is a big player
14:45 Uttam : box & band are imbalances
14:45 Aditya : noted
14:45 Manish : OK Clear now. TY!
14:45 Ankush Jain : & solid box?
14:46 Ankush Jain : green or magenta??
14:46 Uttam : thats a band
14:46 Rajiv Ohri : JIT getting 21900?
14:46 Manish : and so whats the diff between a box and a band?
14:46 Uttam : already told you about it Ankush
14:46 Uttam : different ratio of imbalances
14:46 Manish : ok
14:47 Manish : band is a larger imbalance i believe?
14:47 Uttam : yes
14:47 Himanshu : UG – Bhai Karna Kya Chahte ho in BNF /
14:47 Himanshu : OPen touch to ho gaya
14:48 K2dt : lol H
14:48 Uttam : BNF FA level being saved for now
14:48 K2dt : subah se aise hi jhole kha rha hai
14:48 Uttam : staying above friday high
14:49 Uttam : buyers zinda hai
14:49 K2dt : aane do UG
14:49 K2dt : say those 2 magical words πŸ˜€
14:50 Uttam : sike down very much possible
14:51 Uttam : expecially in BNF
14:51 Vishnu : 22163?
14:51 K2dt : ok then poor low repairing, let it be
14:53 Uttam : new lows in BN spot after 2:15
14:53 Uttam : intersting development
14:53 Uttam : BNF due for a big move this week
14:54 Seshadri : bnf upside or downside
14:54 Uttam : for now looks like headed to 21840 if 22141 breaks
14:57 Uttam : NF holding up
14:57 Uttam : 3-1-3 profile there
15:08 Rajesh G : test
15:11 Govind : we need to move RIL to BNF
15:11 Uttam : lol Gov
15:12 Govind : we should tell MOtabhai to buy a bank
15:14 Tejpreet : Jit no fireworks πŸ™
15:14 Govind : only one stock is moving Tej πŸ™
15:14 Uttam : BNF has all TPOs at 22220
15:14 Uttam : Friday it was 21840
15:15 Seshadri : IF 22141 holds in BNF then whats the target
15:15 Uttam : except for H & I
15:15 MJ : with that 14:15 move ug just got weekly firepower
15:15 Jitender : (14:30) Jitender : Tej…u want tem today or morrow πŸ™‚
15:15 Tejpreet : so again a gap above 22300
15:15 Uttam : low volumes in both today once again
15:16 Uttam : 282 point range in BNF
15:16 Uttam : NF used to do this range in April πŸ˜‰
15:16 Amit Jain : +1 jit for that 2.30 comment πŸ™‚ saved again..
15:16 Jitender : +1
15:20 Uttam : fresh greens?
15:20 Tejpreet : allowing me exit
15:20 Uttam : +1 Tej
15:20 Uttam : so you did this
15:21 Tejpreet : GF says we see 22800 tmrw but will exit
15:21 Uttam : yes Tej
15:21 MJ : Shai do you have data for usdinr?
15:21 Uttam : lets enter fresh tom
15:21 Tejpreet : +1
15:21 Uttam : still have lot of steam
15:22 MJ : Any levels for USDINR if someone is tracking would be great.
15:23 MJ : Had mentioned ril moves on friday.
15:23 MJ : Banger of a stock1
15:24 Seshadri : bank nifty fut has consolidate in 21800-22200 range
15:24 Shai : pos COT sicne vwap
15:24 Uttam : all shorts exited looks like
15:24 Shai : holding 10700 F tom could do 10825
15:27 Ankush Jain : big green , any significant?
15:28 Shai : SC
15:28 Shai : (15:24) Shai : holding 10700 F tom could do 10825
15:28 Shai : Bye all
15:28 Shai : have a good evening
15:28 Rahul : Bye everyone
15:28 Uttam : thanks All πŸ™‚ have a lovely evening
15:28 Vishnu : bye all
15:28 MJ : Bye chief and everyone. See you tomorrow.
15:28 Sanjiv : bye
15:29 Manikandan : bye all
15:29 Aditya : bye all.
15:29 Giridhar Gowravajhal : Thanks Shai & Uttam ! Bye all !!!
15:29 Tejpreet : Bye All.


09:00 Shai : (08:57) Shai : https://vtrender.com/market-profile-analysis-dated-03rd-july-2020/(08:57) Shai : https://vtrender.com/weekly-charts-29th-june-to-03rd-july-2020-and-market-profile-analysis/(08:58) Shai : Friday daily close was a balance in an uptrending weekly profile(08:58) Shai : A baalnce marks a close to an existing auction(08:58) Shai : MOnday is scheduled to open as a gap up away from Friday’s balance(08:59) Shai : 10614 imm support for the day with 10727F as upper ref area to mark activity
09:05 Shai : (09:05) Shai : focus entirely on Mar 9th profile(09:05) Shai : A gap in invisible singles which will meet the singles from Mar9
09:07 Uttam : a) NF needs to get above 10599 for a rise to 10619-654 / 10690 & 10733-750
09:08 Uttam : c) Above 10750, NF can probe higher to 10787-815 / 10830-880 / 10914 & 10940*
09:08 Uttam : a) BNF needs to sustain above 21894 for a rise to 21939-987 / 22084-149 / 22202-264 / 22356-420 / 22490-560 & 22625-650
09:09 Uttam : c) If 22650 is taken out, BNF could start a fresh probe to 22712-818 / 22880-920 / 23010-160* / 23235-290 & 23370