When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
BNF
Room Chat
08:57 Vtrender Live : 5 min NF charts – https://global.gotomeeting.com/join/838464085
08:58 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647755698?pwd=U1FVY2NpUXIzZlVWKzc0azhORlNqQT09
08:59 Chandrashekhar : GM all
08:59 Rahul : Morning to all
09:04 B. G. : Good morning!
09:07 Uttam : Good Morning All 🙂
09:07 Uttam : https://vtrender.com/market-profile-analysis-dated-06th-may-2021/
09:08 Shai : GM all
09:08 Shai : A higher open expected
09:08 Ankush Jain : GM all
09:08 Shai : It’s important today as it is an open out of a balance
09:08 Shai : 14875 ref line at open
09:08 Shai : 14770 ref line below
09:09 Nisha : GM All
09:09 Shai : we may finish at 1925/ 14975 if we hold 14770 today
09:09 Shai : 33233 ref line in BNF
09:10 Shai : 33365 to watch on more upsides
09:10 Shai : A clean break if we close abv 33365 today
09:16 Ankush Jain : right at ref levls NF
09:16 Ankush Jain : speedo is out of control
09:17 Ankush Jain : now ok
09:18 Bhishma : eoa on both ?
09:19 Surya ganti : EOA has 0s at the top of the candle, 0s ihn the middle are continuation of the auction
09:19 Surya ganti : they wud now be supports
09:20 Uttam : both going for VPOCs of 14927 & 33400 looks like
09:20 Sumeet : wait for first one two candles… market still finding its feet. could easily go higher..
09:21 MJ : +1 Sumeet
09:21 MJ : First 5 min vols are good too.
09:23 Surya ganti : 33365 is almost here
09:24 MJ : Did a swing trade after long time bnf 32250-33333 part out. Thanks shai for those 250 ref and repeating again about the buying there.
09:24 Sanjib : +1 MJ
09:24 MJ : 2 days felt like months.
09:24 Sadees : +1 MJ
09:24 Sumeet : awesome MJ…
09:24 Surya ganti : whoa nice one MJ
09:24 Surya ganti : 13000 points captured
09:24 Surya ganti : 1300
09:25 Surya ganti : shucks 1100
09:25 MJ : modest 1k surya. Bnf if in mood gives that in 30 mins too.
09:25 Gopi : me to MJ, captured 33.5 ce in 100 points over night
09:25 Sanjib : chart stuck
09:25 MJ : cheers guys.
09:25 Ankush Jain : BN has stalled
09:25 Ankush Jain : room chrts stuck
09:26 Ankush Jain : Hope issue will be resolved soon
09:27 Sag1 SAWANT : lost screen
09:28 KK : 892 RS previously..
09:28 Uttam : OAOR in both
09:28 Uttam : vols on lower side
09:28 Uttam : 14870 & 33240 ref
09:29 Ashwin : awesome MJ and gopi!
09:30 MJ : Thanks all.
09:31 MJ : balance to imbalance, gives good reward.
09:31 Surya ganti : those pinks are longs booking out i guess?
09:32 MJ : 14925 kitthe.
09:34 Shai : Buy 14800 ce at 171 sl of 155 tgt 206
09:35 Shai : shoulkd cross over to 14920/ 926
09:36 Anand : Chief.. trying to understand… wouldnt it make sense to buy into that CE after it crosses the larger seller of 973 lots ?
09:37 Shai : ref line of the open holding
09:37 Anand : how did you realise that this large seller wont matter _/\_
09:37 Anand : ok _/\_
09:39 Govind : 14920 will close out the previous excess
09:39 Sanjib : chart stuck
09:43 KK : A is aying let B take this to 925
09:47 Mayur P : @Shai if not in do we wait for a green band here?
09:48 Shai : exit the CE at cost here 172- (09:34) Shai : Buy 14800 ce at 171 sl of 155 tgt 206
09:48 Rahul : bnf hv reds
09:48 KK : overbought
09:51 Sanjib : chart stuck
09:51 Ankush Jain : that 973 reds could not be conquered as of now
09:52 Bhishma : yes stuck
09:52 Ankush Jain : yes
09:55 Shai : OAOR playing out
09:55 MJ : Dpoc moved up too.
09:55 MJ : 900 had 2 blue dash.
09:55 Shai : 14870- 14920 for now
09:55 MJ : P karein till then?
09:55 Uttam : (09:28) Uttam : OAOR in both(09:28) Uttam : vols on lower side
09:55 MJ : OAOAR.
09:56 Shai : if 14870 goes can give 14820 quickly
09:56 Uttam : +1 Shai
09:56 Uttam : one shakeout possible
09:56 Chandrashekhar : so have to see for RE in C or wait for Gogo
09:56 Prashant : 870-875 dip could be a buy Shai?
09:56 Shai : no
09:57 Shai : does not look like the auction wants to sustain here
09:57 Shai : hence exited
09:57 KK : bnf for 192 ?
09:57 Shai : we may dip
09:57 MJ : Chief 925 RO point too right?
09:57 Chandrashekhar : +1
09:57 Prashant : ok
09:57 Mayur P : 80% on the 30th Apr profile (09:56) Shai : if 14870 goes can give 14820 quickly
09:57 Ankush Jain : red band, IS forming
09:58 Muralidhar Kaja : @Shai can we infer that 900+ does matter, what ever the situation?
10:00 Shai : Buy 14900 pe abv 171 sl fo 151 tgt 201
10:00 Rahul : bnf is hekk not moing
10:00 Shai : cmp 162 buy abv
10:01 Shai : ?= (09:58) Muralidhar Kaja: @Shai can we infer that 900+ does matter, what ever the situation?
10:01 Ashwin : 900+ buyer / seller…
10:01 Muralidhar Kaja : yes
10:02 Shai : okay yes 1000 lots is our standard
10:05 Ashwin : thanks shai
10:05 Chandrashekhar : 870 fighting hard looks like
10:06 Ankush Jain : 870 holding
10:07 KK : P type chal raha hai in BNF ?
10:12 Sanjib : chart stuck
10:12 Uttam : MJ booked his longs so no more LLTs left in BNF to keep it oging higher
10:13 Uttam : usko girna hi padega ab
10:13 KK : 800 CE VWAP rejection
10:13 Uttam : unless MJ goes long again
10:13 Jitender : 🙂
10:13 MJ : dpoc had shifted higher.
10:13 MJ : jit 🙂
10:13 Jitender : sab moh maya hai
10:13 Uttam : you booked there na 😉
10:13 KK : lag
10:15 Jitender : MJ…just one word…we have been thru cycles of this earlier…pls dont put post execution stuff…it confounds lot of ppl…u wanna help…help real time…with logic n Sl….else all becomes meaningless
10:15 Jitender : we are happy fr yr returns n acumen anyways
10:16 MJ : Jit I’ve usually shared invalidation always.
10:16 MJ : some times would have forgotten. But will keep it in mind
10:16 Jitender : tx bud
10:16 MJ : thanks for the reminder again.
10:18 Muralidhar Kaja : +1000 (10:15) Jitender : MJ…just one word…we have been thru cycles of this earlier…pls dont put post execution stuff…it confounds lot of ppl…u wanna help…help real time…with logic n Sl….else all becomes meaningless
10:18 Rahul : jit view on bnf
10:18 Aman Singhania : r we in sell trade?
10:18 Shai : +1- (10:15) Jitender : MJ…just one word…we have been thru cycles of this earlier…pls dont put post execution stuff…it confounds lot of ppl…u wanna help…help real time…with logic n Sl….else all becomes meaningless
10:18 MJ : Hope this realtime view did help if any (09:55) MJ : Dpoc moved up too.(09:55) MJ : 900 had 2 blue dash.
10:19 Shai : Avoid the PE trade for now
10:19 Jitender : Rahul..pakka from Monday onwards…m just watch..as wifey wont permit anyth beyoind
10:19 Ganga Katara : ZZzzZ
10:19 Shai : Avoid- (10:00) Shai : Buy 14900 pe abv 171 sl fo 151 tgt 201
10:19 Sumeet : gather strength on weekend Jit. God bless for you and brother too
10:19 Rahul : sure jit , tkcr
10:20 Jitender : broadly…33k is sipp now & so is 32730-750 zone,,,,
10:20 KK : red in bnf , are they late ?
10:20 MJ : 505 KK?
10:20 Jitender : take IBH as bookn zone…unless u see LLTs to gv u extension
10:20 MJ : just above DOP.
10:20 Muralidhar Kaja : @Shai is it because there are not many reds coming… (10:19) Shai : Avoid the PE trade for now
10:21 Jitender : moen late longs have just gotten fryday dose
10:21 Jitender : morn
10:22 KK : yes those 3-
10:22 Jitender : covid numbers are highs so weekend see(s) sium trepidation …just just keep tat in mind l
10:28 Mayur P : charts stuck?
10:28 Prashant : shai, can the goto charts be a bit elongated please…just a ittle..
10:29 Ankush Jain : yes
10:31 Rajesh G : chart stuck
10:32 KK : UG, bnf heading to 33070 ?
10:32 Uttam : MJ has that 531 red stuck near PDH 😉
10:35 KK : yup
10:36 Jitender : have u guys noticed sumthing about Shai’s trades …question wrt r/r
10:36 Muralidhar Kaja : 1:1.5?
10:37 Surya ganti : he doesnt take the trade even if the signal is right, but the r/r is low?
10:37 Jitender : wat hav observed tat…we wud have lost max 20-25 bps in a trade..usually position doesnt loose 10-15 bps in a trade…but gains max are upto 75-90 bps
10:37 Jitender : 90+ bps
10:37 Jitender : tats a tremndous r/r mindset
10:37 Ankush Jain : yes
10:38 Ankush Jain : even 2-3 SLs will be covered in a 1 win
10:38 Surya ganti : no trading for pennies basically 😀
10:38 Muralidhar Kaja : NF facing stiff resistance at VWAP
10:38 Jitender : tune your approach to get near tat…..before u punch any of yr trades…always ask first..yr obj, reason n SL
10:38 Surya ganti : low volume M.. wont be too bothered
10:38 Muralidhar Kaja : ok
10:39 Mayur P : +1 Jit. No chindichori
10:39 Ashwin : +1 Jit
10:40 Jitender : and keep yr fingers under you G….wen u dont get a good setup….edont just punch for the heck of it/boredom/twitter is abuzz
10:40 Jitender : else your G n account will be tested and result wont be pleasanr
10:40 Jitender : pleasant
10:40 Mayur P : lolol
10:41 Jitender : just thought to reinforce …since mkts are quiet
10:41 Amit : +1;) go ahead
10:41 Surya ganti : you can do a webinnar now jit.. markets are sleeping
10:41 Tejpreet : Tks Jit for reinforcing our G and account 🙂
10:41 Jitender : and its not theory…u r seeing it here in VT, day in day out
10:41 Jitender : Tej _/\_
10:41 Jitender : 🙂
10:42 Shai : Capital is yout best friend without it we cannot be here – (10:37) Jitender : wat hav observed tat…we wud have lost max 20-25 bps in a trade..usually position doesnt loose 10-15 bps in a trade…but gains max are upto 75-90 bps
10:42 Shai : +1- (10:38) Jitender : tune your approach to get near tat…..before u punch any of yr trades…always ask first..yr obj, reason n SL
10:42 Mayur P : +1
10:42 Chandrashekhar : +1 Jit
10:42 Gopi : jit _/\_
10:42 Shai : +1- (10:40) Jitender : and keep yr fingers under you G….wen u dont get a good setup….edont just punch for the heck of it/boredom/twitter is abuzz
10:42 MJ : Save todays chat guys.
10:43 MJ : put it in your journal.
10:44 Chandrashekhar : c side in BNF..last min move
10:44 Muralidhar Kaja : That 973 guy in NF having a good time…. thattoo counter trend…
10:44 Uttam : late C side
10:44 Shai : 14900 Pe has a big buyer at 159
10:45 Uttam : 2nd IS in NF
10:45 KK : 33500 CE 325 to 280 booked
10:45 K2dt : +100 Jit
10:46 Shai : 14820 test
10:47 Shai : Buy 14900 pe at 178 sl of 158 tgt 210
10:49 Bhishma : stuck charts?
10:50 Shai : (08:57) Vtrender Live: 5 min NF charts – https://global.gotomeeting.com/join/838464085(08:58) Vtrender Live: 5 min BNF charts – https://zoom.us/j/8647755698?pwd=U1FVY2NpUXIzZlVWKzc0azhORlNqQT09
10:50 Shai : Add these links to a tab
10:50 K2dt : 514 red..ufff
10:50 Surya ganti : +100
10:51 Surya ganti : is he going to spoil the party k2?
10:51 KK : Am I the only one gettng lag in the room
10:51 KK : almost 7 minutes
10:51 K2dt : we need an rs here and then bam is to get rid of him
10:51 K2dt : IS*
10:52 Shai : should look below 820 once
10:53 Chandrashekhar : Shai 770 Ypoc ..just saying..in case you are planning for bigger dip:)
10:54 K2dt : count me in to CS 🙂
10:54 K2dt : too
10:54 Arjun : time to make ourselves count 😉
10:55 Shai : Auction was scheduled fior a dip, question is how much
10:55 Shai : (09:57) Shai : does not look like the auction wants to sustain here(09:57) Shai : we may dip
10:55 Chandrashekhar : +1
10:56 Chandrashekhar : +1….(10:44) Muralidhar Kaja: That 973 guy in NF having a good time…. thattoo counter trend…
10:56 K2dt : chief what is marvellous is bnf failing to go abv 33365 by 2.65 pts !!!! such precision _/\_
10:57 Shai : _/\_
10:59 Shai : +1- (10:44) Muralidhar Kaja: That 973 guy in NF having a good time…. thattoo counter trend…
11:00 Ankush Jain : i thought thatoo was some word in SI language
11:00 MJ : and 514 selling below mech ref. 🙂
11:00 Ankush Jain : 🙂
11:00 Ankush Jain : I thought thatoo was some word in south lang
11:01 Ankush Jain : then I realised it is that too
11:01 Chandrashekhar : bhavna ko samjo Ankush bhai
11:01 Govind : 14860 saw decent absorption by bidders in that fall and 870 area provided the liquidity for the price to rise in the A period, just saying
11:01 MJ : chief again business at DOP.
11:01 Muralidhar Kaja : 🙂 (11:00) Ankush Jain: I thought thatoo was some word in south lang
11:02 Shai : +1- (11:01) Govind : 14860 saw decent absorption by bidders in that fall and 870 area provided the liquidity for the price to rise in the A period, just saying
11:06 Mayur P : @Shai lower probablity now for that 14820 on NF?
11:10 Shai : hold the PE with sl at 153
11:11 Shai : 14888 ref in NF
11:12 Rajesh G : t
11:13 Uttam : BNF OTF down so can E make new lows
11:14 Mayur P : 80% possible in BNF yesterdays profile?
11:16 Tanuj : A qn on risk management & position sizing – Do any of you, once you have achieved 1Dt, scale up the avg positions? Have been experimenting occasionally on days where my gain is above 1Dt. The additional beyond the 1Dt is the extra cushion for me to scale up the position sizing. Intent being aiming for disproportionate gains once the 1Dt is secure to take advantage of good days. Views?
11:16 Surya ganti : we could do a webinar entirely on risk management and pos sizing 😀
11:16 Rahul : +1
11:17 Milind : + Surya
11:17 Surya ganti : in fact neednt be a webinar, even if jit, UG, Gov etc share their insights on slack on risk management.. wud be awesome
11:18 Milind : Agreed Surya
11:19 Milind : I am also keen on knowing what should be a realistic expectation (DT) let’s say for 10L account.
11:19 Jitender : .5-1% of cap
11:19 Jitender : 0.5%-1
11:20 Surya ganti : is that risk or reward or both jit?
11:20 Govind : @Tanuj, Shai and Jit can weigh-in but I will share something here. THe best thing to do (and the most difficult) is to shut down your system once you reach your goal. If you MUST trade post your first DT, then using the same 1% risk or half of it makes more sense than ‘scaling up’, which beats the whole purpose of having a DT system
11:20 Jitender : both
11:20 Uttam : +1 there is also an article on risk management in the welcome mail which explains how we do not risk more than 1% of capital on any intra day trade
11:20 Jitender : see in beginning..knowing yourself is the key
11:21 Uttam : +1 Gov
11:21 Jitender : sumone like K2/ MJ who are quick n aggressive will aim for 1%
11:21 Govind : there you go, Jit said the same thing and he is the one that introduced me to this
11:21 Uttam : yes the DT methogd 🙂
11:21 Shai : I’ll like to give it another perspective- assume you have 10L invested in a brick and mortar ( not online) business outside, how much is your expectation of gain?
11:22 Jitender : evaluate yrself priorities in terms of risk u can take…yourreaction speed
11:22 Shai : 0.5 to 1% is a high and a proper exepctation
11:22 Shai : I’m not sure why greed has to kick in
11:22 Uttam : +100 Shai we need to treat trading as a business & have realistic expectations
11:23 Rajesh G : 0.5 is enought
11:23 Uttam : that will ensure we take care of our risk
11:23 Jitender : and tehn set yr own goal….be a master of yr capital n risk…..imagine greed like a GF (if u r married) and flirting with tat always leads to long term pain
11:23 K2dt : yes Jit..sometimes i do risk >1% but i do it with very strict SL.. and will cut losses asap
11:23 MJ : Govind you had once shared a post on slack. Can I reshare here?
11:23 Sumeet : +100
11:23 Govind : ok MJ
11:23 MJ : https://vtrender.slack.com/archives/C0N9BFAF4/p1594113912003200
11:24 Sumeet : kept running after dt and greens then started running after consistency in trades (higher proportion of winners : losers) and over time found that that made me a far better trader. the greens always follow. All thanks to this room
11:24 Shai : +1- (11:23) Jitender : and tehn set yr own goal….be a master of yr capital n risk…..imagine greed like a GF (if u r married) and flirting with tat always leads to long term pain
11:24 Tanuj : As the saying goes – we overestimate what we can do in a day & underestimate what we can do in a year
11:24 Tejpreet : But if you are doing strictly ID can scale up to 2 % as DT objective with .5 % SL or 3 consecutive loosing trades as SL. To achieve this you might need to punch in a lot of trades and take small profits and exit most trades at break even !!!
11:24 Shai : I’ll share something about capital which Jit shared here sometime back
11:24 K2dt : guys the most imp thing is taking money out of trading acc to bank… for me atleast
11:24 Surya ganti : haha tanuj.. nice one
11:24 Sumeet : best, kush
11:24 K2dt : +1 Tej
11:25 Shai : Treat your capital like your daughter . Love it . Take care of it. Don’t play games with it. It is the only 1 you have
11:25 Uttam : +100
11:25 Tejpreet : +100
11:25 Shai : Jit’s words . Not mine
11:25 MJ : Lovely way of putting it.
11:25 Rajan Modi : wow – what a way to put it _/\_
11:25 Jitender : yup….
11:25 Ankush Jain : wow
11:25 MJ : multiple reasons to get married. 😀
11:25 K2dt : superb analogy Jit
11:25 Himanshu : Me – I remove it from trading account – I dont mind spending it – on cosntructive purpose
11:25 MJ : Jit great analogies always stick to mind for long long time. Thanks man.
11:26 Himanshu : Fixed 6KWa Solar roof Top from March profit –
11:26 K2dt : free electricty for 5-10 years H :)))
11:26 K2dt : -ve bill
11:26 Himanshu : 25 Yr warranty – 26 Days generation is 552 Unit in scorching heat
11:27 Himanshu : my bill is 10- 15 K in summer – with 600-850 Unit consumption
11:27 Himanshu : which is now almost free
11:28 Himanshu : – On lighter note – Chief – no offense but thought – shall compansate for Subscription amt
11:28 MJ : I am going to post what Gov once shared and it is always there on my desk
11:28 Himanshu : to with you all – for next 25 years
11:28 K2dt : yes H..the appartment over me is a penthouse…they have 6-7 split ACs..and they get -ve bill
11:28 Surya ganti : please do MJ
11:29 MJ : Govind shares DT concept of Jit and how he manages DT in this link: https://app.slack.com/client/T0F2YRXQT/search/search-d1b804a1-15ec-4a2b-9771-0b99c3422906
11:29 Jitender : K2..say u start with 10lac…anythn abv it should be a weekly/10 day withdrawl in practice
11:29 Himanshu : Jit – pls with u now
11:29 Himanshu : OKie
11:30 KK : bnf reversing ?
11:30 Tejpreet : +1 Jit , withdrawl over a certain limit is must , keeps you within limits.
11:30 Jitender : MJ..will tell u how i went after him to withdraw n reinvest in gold 3 years back…any tradn surplus he made
11:30 K2dt : 514 seller party pooper 🙁
11:30 K2dt : nf
11:30 Jitender : he can tell how much he compounded
11:31 Rajiv Ohri : Financial and Moral lesson 🙂 itender : and tehn set yr own goal….be a master of yr capital n risk…..imagine greed like a GF (if u r married) and flirting with tat always leads to long term pain
11:31 MJ : Can’t thank enough.
11:31 Himanshu : MJ – good
11:32 MJ : Jit had pushed me to get profits out since early days. it has been a practice since then.
11:32 K2dt : MJ u bought digitally or physical gold?
11:32 Himanshu : I also advised him to spend less on beer as he is bulging big enough
11:32 Surya ganti : lol
11:32 MJ : Himanshu, Shai and others know I don’t beer 🙂
11:32 MJ : 😛
11:32 MJ : Lemonade person I am. Since 2020 apple cider, thats after himachal love.
11:32 K2dt : yes i too plan on starting withdrawing..else they never come back is my exp :p 🙂
11:32 Himanshu : Hainn then Hard drinks – Your dP and your cheeks says story
11:33 Himanshu : haha
11:33 K2dt : tech support is here
11:33 Himanshu : NF has metal and pharma and IT to flirt
11:33 Himanshu : BNF – has tired – HDFC bk, Kotak etc – lifting for Expiry
11:33 Sandip : Hi All
11:34 Surya ganti : @MJ .. cud u share that link in slack.. that link u shared isnt working
11:34 Surya ganti : for me
11:34 Anand : PE still holding Chief ?
11:34 Anand : or exit on Green band and IB
11:34 Anand : ?
11:34 Surya ganti : holding with SL of 153
11:34 Tejpreet : 76 point NF day range OAOR …Looks like a wild Friday afternoon session
11:35 K2dt : vols aa jaye bas
11:35 MJ : https://vtrender.slack.com/archives/C0N9BFAF4/p1620367514009700
11:36 Sandip : Uttam, Where is the space that shows what trades have been given?
11:36 Surya ganti : got it.. thanks
11:37 Jitender : it cud be coz of his gf pulling his cheeks quite often also….:) (11:32) Himanshu : Hainn then Hard drinks – Your dP and your cheeks says story
11:37 K2dt : loool Jit
11:37 Uttam : @Sandip the trades are menitoned only in the chat box now
11:38 Sandip : Ok, I havent got chat before 11 am
11:38 Sandip : Any Trades on?
11:38 Anand : 11900 PE in with SL of 153
11:39 MJ : Fryday spl in room for me. looks like.
11:39 Uttam : (10:47) Shai : Buy 14900 pe at 178 sl of 158 tgt 210(11:10) Shai : hold the PE with sl at 153(11:11) Shai : 14888 ref in NF
11:39 Anand : SL changed to 153
11:40 MJ : bas na jit 🙂
11:40 Shai : Make an exit in 14900 pe at cmp
11:41 MJ : Kush party raided? I am out here. (11:00) MJ : and 514 selling below mech ref. 🙂
11:41 Sanjib : Cute SL in BNF #600
11:42 Uttam : (11:13) Uttam : BNF OTF down so can E make new lows
11:42 K2dt : i traded bn MJ..33.2kpe 540-624 .. exited as we got 620 greens and rb
11:42 K2dt : that 514 was indeed a party pooper
11:42 KK : but that 600 flag in bnf ?
11:43 MJ : Lets watch him, what he does below pdh
11:43 K2dt : yes..bias still -ve for me
11:44 Aman Singhania : we need sellers for a gud fall
11:44 Aman Singhania : and den 514 guy we r calin as party pooper
11:44 Aman Singhania : how to identify dat
11:44 Himanshu : Ok went thru – Jits Position Sizing
11:45 Himanshu : had read on Kelly’s position sizing –
11:45 Himanshu : Which says at 50 % Probability and 1.2 RR – 25 % of your capital size can be deployed will be optimum size for return –
11:46 Himanshu : and then onwards you can increse bet size by 10 % on winning streak and 10 % reduction in loosing streak will keep you in game.
11:47 Himanshu : and Optimum – Bet size of 25 % of capital has best return at 1.2 RR
11:47 Himanshu : with 50 % winning Probabilty – now if you
11:47 K2dt : Aman see the POC of 10:45 bar in nf.. the poc is at 14843.. but the late selling by 514 seller is way below the POC of the bar..which shows he was very late to the party../ his location was not the very best..and then the 11:25 green transition bar which confirmed the poor entry by the seller..hope this helps
11:47 Aman Singhania : thnks
11:48 MJ : Aman also he tried selling around a mechinical reference of Day open.
11:48 Aman Singhania : bt is 514 qty has d ability to change d game
11:48 MJ : didn’t have enough reds to range extend.
11:48 Aman Singhania : ohk thnks guys
11:48 MJ : the bigger the stuck player, the better it gets. He was cut out by his own reds, no one joined him together.
11:48 Surya ganti : interesting points H
11:48 Mayur P : +1 Himanshu on Kelly’s
11:48 Ashwin : @MJ caught that 514 and rode up to 14865 on him _/\_
11:49 Himanshu : Will post in slack – market is calling us
11:49 K2dt : small and big is relative Aman, for today 514 is not that small
11:50 MJ : Aman same happening with that 600 bnf guy right now. he came and greens aren’t following up so far.
11:50 K2dt : yes.. 2nd live occurence 🙂
11:52 KK : what time pass..33200 CE 440 to 415 on that 600 greens
11:53 MJ : tisco is on disco mode
11:53 MJ : bugger.
11:53 MJ : 4 digit on tatasteel 2 years back anyone would have said, I would have laughed off.
11:53 MJ : markets the balancer..
11:56 KK : NF PEs nicely below VWAP now, on low volumes
11:57 Tejpreet : Guys my son is after me to trade in cyrptos..i told him it’s illegal …..he says coindgx wazir so many apps are there Any one here trading crypto.
11:57 Surya ganti : i have some investments in crypto tej
11:57 Gopi : i brouht doge tej
11:57 MJ : @tp check with Porus.
11:58 Surya ganti : not illegal YET to trade in crypto.. though id suggest binance over wazirx
11:58 Himanshu : Link pasted in Random on Pos sizing by kelly – weekend work.
11:58 Surya ganti : thanks H
11:58 Tejpreet : tks guys will check with Porus . Will let my son check these sites.
11:58 Mayur P : thanks Himanshu
11:59 Govind : 14870 is the vpoc now. nice balanced profile with small tails at both ends. 14890 is where the morning fall began. shall look for IMB on either side of IB and enter if vols are there. Govind : 14860 saw decent absorption by bidders in that fall and 870 area provided the liquidity for the price to rise in the A period, just saying
11:59 Mayur P : +1 Gov
12:00 Mayur P : great read on that 860-870 area
12:01 Jitender : bbinance owns wazirx now
12:02 Surya ganti : yes jit, but if you are to invest/trade in crypto.. binance is safer cause data wont come to GOI
12:02 Surya ganti : in case they ban later
12:03 Mayur P : prep for G going on
12:04 Jitender : +1 Surya
12:04 Tejpreet : tks Jit and Surya
12:05 Prashant : Tail below og D period is bigger, plus there is the tail from the Gap.
12:05 Prashant : of
12:11 Mayur P : chief 1 refresh of BNF OF
12:11 MJ : Nice puke (11:42) KK : but that 600 flag in bnf ?(11:43) MJ : Lets watch him, what he does below pdh
12:11 Rohit : NF that a gap betwen 5m bars ? Don’t see it often
12:11 Chandrashekhar : 820 done finally
12:11 Tejpreet : 14820 printed
12:12 Ankush Jain : 887 greens at bottom
12:13 Sandip : Is this chart working?
12:13 Sandip : Or we use the goto links?
12:13 Milind : Nope
12:14 Ankush Jain : freeze
12:14 Ankush Jain : chrts freeze
12:15 Muralidhar Kaja : 948 greens in NF
12:15 Anand : even Goto is frozen
12:15 Shai : stay with the 5 min charts for now
12:15 Mayur P : below 820 can go to 770?
12:16 Mayur P : BNF on for 80% on yest profile? @ UG
12:16 Uttam : 32928 combo of yPOC & VWAP
12:17 Mayur P : ok done. getting greens here
12:19 Uttam : (10:12) Uttam : MJ booked his longs so no more LLTs left in BNF to keep it oging higher(10:13) Uttam : usko girna hi padega ab
12:19 Uttam : MJ please let us know when you go swing long again
12:19 Uttam : BNF has a gap on 5mins too
12:19 MJ : Shai is the person to go for it UG 🙂 you know what to do when he gives references.
12:20 MJ : he mentioned 32250 many a times 🙂
12:20 Uttam : 33068-33100 gap on 5mins
12:20 Uttam : that 33077 30min level is the ref now on upside
12:21 Prashant : nf gap fill or not?
12:21 Uttam : NF gives 3rd IS of the day
12:21 Mayur P : dpoc wants to shift here in BNF?
12:21 Uttam : so post OAOR PLR has been down in nF
12:22 Uttam : dPOC right at 33330 Mayur where MJ booked out
12:22 Surya ganti : is he the LLT that moves the market 😛
12:22 Mayur P : +1 UG
12:22 KK : +1 UG
12:22 K2dt : 5 big guys in that bnf bar
12:22 Uttam : 33250 also has similar vols
12:23 MJ : 1321 vs 1140 can one of it go away on refresh?
12:23 K2dt : yupp..playing on that now MJ
12:23 Sadees : 3 POCs at 32970
12:23 KK : 928 900 VPOC , VWAP yes
12:23 MJ : dpoc shift down.
12:23 Uttam : 32888 holsing BNF could give a bounce to vwap
12:23 MJ : invalidation POC– for me.
12:24 MJ : Was away, has bnf charts refresh happened?
12:25 Chandrashekhar : G makes new lows
12:25 Sandip : BNF looks quite negative
12:25 K2dt : 570-640 33kpe
12:25 Chandrashekhar : MJ didnt gave the FIB today….
12:25 K2dt : doom doom
12:25 K2dt : pdvwap here bnf
12:26 MJ : Chandra you are doing good there 🙂
12:26 MJ : +1
12:26 MJ : keeping tab of G period
12:26 Sadees : BNF completed 2IB
12:27 KK : bnf extension failure ?
12:27 KK : targeting VWAp now
12:28 K2dt : 2Ib done too KK
12:28 K2dt : bnf
12:29 Rajan Modi : 4 IS in NF
12:30 Uttam : NF revisting that voc of 14811 as it did not tag it in the gap up
12:31 Chandrashekhar : +1 Uttam..thought will get it yesterday….
12:31 Sandip : Uttam on the lowerside where can bnf go?
12:31 KK : 32700 PE sold at 455 for 390..Sl 475
12:31 Uttam : 33725-650 is the support zone below 32888
12:31 Uttam : 32725-680*
12:31 Uttam : for now that 32888 seems to be holding and yes 2 IB done
12:32 Sandip : Thanks
12:32 Uttam : 33010 immd ref now on upside
12:33 Uttam : 2 day comp VAH that is
12:33 Uttam : POC of that last IS bar also
12:33 KK : VAL 33070
12:34 MJ : 6 IS 3 IB
12:34 MJ : since open
12:36 Uttam : opening bar IB can ignore and the other 2 IBS in NF also was on 1000 contracts
12:36 Uttam : low vol IBs
12:36 Uttam : wheras IS have been on more than 2k contracts
12:36 Sandip : Hmmm NF and bnf this last jump up dose not look strong options wise…..either strong put profitbooking comes in or we head lower
12:37 MJ : That makes it 6vs1 better 🙂
12:37 Rajan Modi : then wheels can come off today? 😉
12:37 Prakash : charts stuck
12:37 Uttam : but the POC of the last IS bar shifted around the lows at 14820
12:37 Uttam : some demand seen here
12:38 KK : balance..unless some news on nos. but that too would be 1 30 ?
12:38 Uttam : break of 14810 with 0s or fresh reds needed
12:38 Uttam : 14848 ref on upside in NF
12:38 Uttam : 14850 is the last red transition liine
12:42 Sadees : 5 out of last 6 bars has POCs at 32970 and 960.. 0s at 33050 to watch for?
12:45 MJ : KK 400 that pe
12:45 KK : booked at 398, that PE 33040
12:45 MJ : awesome.
12:45 Mayur P : Hammer time
12:45 KK : F low 33048
12:46 KK : Sorry D..
12:48 Shai : Buy 14900 pe at 180 sl fo 159 tgt 215
12:50 KK : Is NF making bell and BNF DD ?
12:52 Rajesh G : t
12:52 KK : G high was the key..G and H same, so back
12:53 Muralidhar Kaja : @Shai… last 3 days frequent disruption in Room charts….
12:53 Rajesh G : no charts
12:53 Uttam : GoTO & Zoom woroking
12:54 Uttam : the webinato technical team is checking the issue of the room
12:54 Muralidhar Kaja : Yes… but then….
12:54 Govind : NF needs some redbull
12:54 Uttam : so till then follow the 5min charts
12:55 Uttam : REd Bull to go uo or to fall 😉 – (12:54) Govind : NF needs some redbull
12:55 Muralidhar Kaja : If we can have the Chat Room in Goto… it will be fine…
12:55 Arjun : red beers 😉
12:57 KK : 344
12:59 Govind : down bro 🙂
12:59 Govind : UG
12:59 KK : 414* in bnf
12:59 Govind : but either way it needs some vol/momentum, just dragging it is
13:00 Govind : post that absorption at the lows
13:01 Uttam : thanks Gov 🙂
13:01 Shai : exit that PE at cost 180
13:01 Shai : No movement
13:02 KK : UG, ask these greens in bnf to exit at 925 around
13:02 KK : pls
13:05 Uttam : H period leaving a probable PBH in both
13:05 Uttam : but I needs to make lower lows for that to get confirmed
13:07 Uttam : next weekly expiry on Wednesday
13:07 Uttam : 13th is a holiday on account of Id
13:13 Sandip : 4 day weeks always suck
13:13 Uttam : good thing is no break before expiry
13:13 Sandip : extra grind happens for an extra 1 hr every day to compensate for the holiday 😀
13:14 Sandip : ye
13:14 Uttam : holiday on wednesday affects both tuesday and thirsday
13:15 Sandip : Charts stuck
13:16 Surya ganti : someone asked for 925 in BNF..
13:16 Uttam : (13:05) Uttam : H period leaving a probable PBH in both(13:05) Uttam : but I needs to make lower lows for that to get confirmed
13:17 Surya ganti : UG with your ref of 33010, did a small trade
13:17 Surya ganti : 33020-32930 BNF
13:17 Ankush Jain : chrts gone
13:18 K2dt : goto gone
13:18 Ankush Jain : goto also
13:18 Ashwin : goto chart gone
13:18 Uttam : reset happening
13:19 KK : missed booking lower..33200 370 to 340..
13:19 Ankush Jain : another RE
13:19 KK : NF in a hurry to go to the other side , is it ?
13:20 Ankush Jain : GoTo not working?
13:20 Chandrashekhar : Fryday happening
13:20 Rajesh G : goto not working
13:20 Rajesh G : new link required i think
13:20 Uttam : GoTo stopped for sometime as the technical team is checking if that is interfering with the room charts
13:21 Ankush Jain : ok
13:22 Uttam : one more RB at 14810 level so someone defending
13:23 Mayur P : setup for a Fryday?
13:26 Chandrashekhar : now room charts are working fine…(13:20) Uttam : GoTo stopped for sometime as the technical team is checking if that is interfering with the room charts
13:26 Tejpreet : Above 865 might get tickets for this show……..09:09) Shai : we may finish at 1925/ 14975 if we hold 14770
13:27 Mayur P : +1 tej
13:28 Chandrashekhar : +1 Tej, looks like they are advertising here
13:29 Uttam : anyone for an ext handle?
13:29 Tejpreet : But still remeber Fryday so don’t pre empt
13:30 KK : that 810 recovery was very fast…
13:31 Sunil : +1 Uttam : anyone for an ext handle?
13:38 Uttam : back to that 14850 transition line NF
13:41 Ankush Jain : goto working now?
13:43 Sujith Prabha : just joined . any trade going on?
13:44 Anand : nope
13:44 Sujith Prabha : so boring i slept off 🙂
13:44 Rahul : vol is just awesome
13:44 Rahul : chana mamra 🙂
13:45 Sandip : Extension handle? Uttam?
13:46 K2dt : sing dana RAhul
13:46 K2dt : 😀
13:46 Uttam : BNF dPOC shifts lower to 32980
13:46 Shai : Intra – Buy NF abv 14857 sl of 14820 tgt 14920
13:46 Shai : supply being absorbed for a while
13:46 Shai : ytransition zone being negotiated
13:47 Shai : Abv vwap is a sfe long entry
13:50 Prashant : price jumping?
13:50 Milind : Boom Boom
13:50 Tanuj : gap again in the same zone
13:50 Gopi : hdfc results
13:50 Shai : if not in buy abv 857
13:51 MJ : 556 guy above vwap nf
13:51 Shai : watch BNF abv 33117
13:52 Chandrashekhar : +1…(13:26) Tejpreet : Above 865 might get tickets for this show……..09:09) Shai : we may finish at 1925/ 14975 if we hold 14770
13:53 MJ : rb at 810 was good @nf
13:54 S M : Hi UG . . . I still get the following response on GOTo . . . Session not available . . .
13:54 MJ : + ! (13:22) Uttam : one more RB at 14810 level so someone defending
13:57 KK : CEs need to cross VWAP
13:57 KK : small fight there
13:59 MJ : bnf 572 and 492 greens watching em.
13:59 KK : Nf should ahve this in control..
14:00 Shai : SC shoulkd come via BNF
14:00 Shai : NF looking good
14:00 Shai : 14920 on tgt
14:00 Porus : VIX collapsing
14:01 Uttam : Tej doing htis 🙂
14:01 Shai : 14884 book half- (13:46) Shai : Intra – Buy NF abv 14857 sl of 14820 tgt 14920
14:01 Shai : sl at cost now
14:02 Surya ganti : back to cost without that trigger :([
14:02 Prashant : not looking good for the greens
14:03 Shai : Book out NF
14:03 Chandrashekhar : grrens stuck
14:03 KK : yup
14:03 Chandrashekhar : spoiling the game
14:03 Prashant : buyers seem to be failing everytime..
14:04 Tejpreet : Volumes not coming in one 4k bar in K should resolve this.
14:04 Shai : BNF got blocked
14:04 Adnan : Session id for Gotomeeting still invalid. Please guide
14:04 MJ : 449 492 572 all architect of that block.
14:04 KK : I could half at 150, rest at 160, so fast
14:04 KK : brace yourself
14:05 MJ : Pre K warmup that looked like.
14:06 Prashant : warm up aisa hai toh….you know the dialogue
14:06 MJ : 33080 to watch bnf again.
14:06 K2dt : paresh rawal – welcome :))
14:07 KK : Shai, NF future can be sold here for 810, with SL 880 ?
14:07 Shai : 14840 is supp
14:07 Shai : 2nd transition
14:08 Tanuj : @shai any sense on this? or too samll to matter (13:50) Tanuj : gap again in the same zone
14:09 Tanuj : *small
14:09 Shai : which zone was that?
14:10 Tanuj : 14850-14855
14:10 Chandrashekhar : 840-850 ?
14:10 Tanuj : 12.10 & 1.50pm
14:10 Shai : low liquidity zone
14:10 Shai : was tested
14:10 Tanuj : thx
14:10 MJ : above 884 game changes?
14:10 Rajiv Ohri : Shai ready to takeoff?
14:11 MJ : Ohri ji 🙂
14:15 Tejpreet : Showtime K 🙂
14:15 Shai : 14844 sl for 14925
14:15 MJ : 3rd tbar.
14:17 K2dt : banks r even more chilling than polar bear 🙂
14:17 K2dt : nifty ne jaha jana hai jaye hume kya
14:17 Uttam : 1489 was the first IS in NF of today
14:17 Uttam : 14891*
14:17 Uttam : 14880 wqas the POC of that IS bar
14:17 Uttam : usko nikal aur bhaago upar
14:19 Tejpreet : Someone needs to send beers to Uttam for a gate pass !!
14:19 Uttam : lol
14:19 MJ : kush 33080 get it off.
14:21 Sadees : BNF dpoc- give gate pass
14:21 Uttam : BNF dPOC sat 32980
14:22 Uttam : (13:46) Uttam : BNF dPOC shifts lower to 32980
14:22 Sadees : oh ok UG, room chart shows DPOC at 33068, thought it shifted
14:23 MJ : UG why is there a diff in OF dpoc vs MP dpoc?
14:23 Uttam : NF dPOC right here at 14870
14:23 Uttam : mornign wala level
14:23 MJ : most of us take the OF dpoc when it comes.
14:23 MJ : just trying to get it right for all of us.
14:23 Uttam : OF dPOC also showing 32970
14:23 Uttam : while line
14:23 Uttam : white*
14:24 Uttam : NF at 14870
14:24 MJ : DPOC on the y axis. what is that then?
14:24 Shai : exit any NF longs
14:24 Shai : Move stalled again
14:24 Chandrashekhar : balance again Shai?
14:25 Chandrashekhar : growing the belly looks like..
14:25 Shai : yes
14:30 Ankush Jain : not able to climb up 870
14:31 KK : K inside J ?
14:32 KK : 850 to 870
14:38 Vtrender Live : 5 min NF charts – https://join.me/vtrenderlive
14:39 KK : 354
14:41 Shai : Auction satlled again
14:41 Shai : 14770 critical into Mon
14:41 Shai : 14920 test woulkd have been good today
14:42 Shai : time to abandon the pure long bias we held all week
14:42 Shai : And be prepared for dips next week
14:42 Naresh : chief do u see a fall from these levels
14:42 Naresh : nest week
14:42 Shai : Max updie looks capped at 14975 F
14:42 Ankush Jain : dips based on today’s action?
14:43 Shai : if 14770 does not supp we head down to 14550/ 14350 again
14:43 MJ : Yest D low LLT seems to have booked out at open..
14:43 MJ : nf.
14:43 MJ : 14660 zone buyer 988 guy.
14:43 Shai : I’ve given you the swing objectives . we trade off Orderflowe next week
14:44 Mayur P : thanks Shai
14:44 MJ : 920 jana hai nf ko?
14:45 Tejpreet : Chabi Uttam ke pass hai
14:45 MJ : 🙂
14:45 Uttam : 14891 nikalo bhai log
14:45 MJ : 510 contracts in 1435 bar. K y u no do your thing?
14:45 Uttam : another NeuX?
14:45 Surendra null : boom boom sc
14:46 Tejpreet : NE , I didn’t say it this time Uttam
14:46 Uttam : lol Tej 🙂
14:47 KK : back to VWAP ?
14:48 Mayur P : KK u were saying normal profile since morning
14:49 Mayur P : got it spot on
14:49 KK : volumes is the only sign..Shai has told, SO I am just colllecting 10 points in CE and PE sells..:)
14:50 KK : If L brings the volume, then ;lets see
14:51 MJ : bnf non mover.
14:52 Govind : since 10am, NF has tried to take out 14880/85 level multiple times and has struggled here
14:54 Govind : finally
14:54 Uttam : 14891 gaya?
14:54 Surya ganti : yes
14:54 Uttam : 14927 / 946 coming?
14:55 Govind : getting 20 points in a NF option today has been a big deal, I am done
14:55 Uttam : oh yes Gov that kind of a day it has been
14:55 Surya ganti : getting 20 in NF has been tough gov
14:55 Mayur P : +1
14:55 Uttam : but looks like next week will make up for today 😉
14:56 Surendra null : are we still on for bnf chief
14:56 KK : bnf doesn’t want to go anywhere
14:56 Vishnu : banknifty no move . will it give in next week
14:56 Uttam : BNF almost tagged that vpoc of 33400 at open itself
14:57 Uttam : NF had not
14:57 Mayur P : BNF retired at 12.15 today
14:57 KK : take it down atleast..
14:57 MJ : Lol M
14:59 Govind : Shai, we’ve been seeing fatigue at the highs since wednesday too…14:42 Shai : time to abandon the pure long bias we held all week
15:00 Mayur P : Higher value but speed of auction slowing
15:01 Mayur P : Happy? (14:57) KK : take it down atleast..
15:02 Shai : yes but we didn’t have gaussians – (14:59) Govind : Shai, we’ve been seeing fatigue at the highs since wednesday too…14:42 Shai : time to abandon the pure long bias we held all week
15:03 KK : bye guys, have sold CEs near highs with Small SL, lets see..otherwise have a safe weekend.tc
15:03 Govind : Very true Shai
15:04 Tejpreet : Any one having zerodha terminal , what’s the margin for selling may 33k bn combo and buying June 33k combo
15:04 Tejpreet : I meant the margin benifit
15:05 Tejpreet : monthly strikes.
15:06 Surya ganti : 420 rupees.. did i do that right?
15:06 Tejpreet : no something wrong
15:07 Surya ganti : buying june 33k CE and zselling 33k may CE right?
15:07 Tejpreet : selling may 33k straddle and buy june 33k straddle
15:08 Tejpreet : my terminal says around 39k
15:08 Surya ganti : ah ok
15:09 Surya ganti : shows 29k on zerodha
15:09 Tejpreet : tks S
15:13 Shai : run call shorts for next week
15:13 Shai : sl of the trade with be 14996 in F
15:13 Shai : don’t see it being crossed
15:14 Ganga Katara : put buying ???
15:14 Shai : will add to shorts if we get a move below 14770 early next week
15:14 Sanjiv : sell 15000CE?
15:14 Shai : if buying puts buy month end walas
15:14 Shai : managing risk at 14997 F
15:14 Ganga Katara : ok
15:14 Sanjiv : ok
15:14 Shai : There won’t be updates on this . Kindly note
15:15 Shai : looking at 14550 visist next week
15:15 Shai : sl of 14997
15:16 Tejpreet : Shai’s alert and reds come in , looks like most of 693 from the room 🙂
15:16 Uttam : 14700pe shedding OI on Shai’s hint 😉
15:16 Tejpreet : +1
15:19 Shai : My job is to read the auction to you guys. Rest upto you waht you do, but respect the zone where it goes wrong
15:19 Uttam : _/\_
15:23 Mayur P : Shai if you could give BNF levels as well
15:24 Shai : BNf no view here
15:25 Shai : held yesterday’s vwap
15:25 Shai : Andb abv the BRN
15:25 Shai : if 32800 breaks on spot early next week we could rop and test that buyer at 32600 and 32250
15:26 Mayur P : Thanks Shai
15:26 Vishnu : brn ?
15:26 Uttam : big round number
15:26 Uttam : 33000
15:26 Shai : BNF didn’t put a high when NF was testing higher
15:26 Vishnu : tnx
15:26 Vishnu : yes thts the que?
15:26 Vishnu : shai?
15:27 Shai : BNF is a skitty auction becuase only 70000 contracts carry
15:27 Shai : is best traded intra day
15:27 Shai : Our rooom can give 70000 contracts to BNF every day 🙂
15:27 Uttam : 🙂
15:28 Ankush Jain : 🙂
15:28 Gopi : ha ha..
15:28 Surya ganti : Mjs does 50%, rest i guess we can share
15:28 Uttam : if MJ does 50% it will become 1.5L contracts S 😉
15:28 Uttam : he is only doing his 10%
15:29 Surya ganti : 😀
15:30 Swapnil : 🙂
15:30 Uttam : thanks All 🙂 have a relaxing & safe weekned
15:30 Shai : Tc all
15:30 Shai : have a good break
15:30 Surya ganti : bye everyone
15:30 Shai : next week is shortened
15:30 Rohit : Thanks all
15:30 Uttam : hoping that the country wise curve starts to bend next week onwards
15:30 Shai : stay safe and well
15:30 Mayur P : bye everyone tc
15:30 Shai : catch up Mon
15:30 Surya ganti : amen UG
15:31 Ankush Jain : stay home, stay safe