Order Flow charts dated 10th Jan

A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an Order Flow chart.

Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.

NF

30 Min Fp Nf 7 Order Flow Charts Dated 10Th Jan Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

BNF

30 Min Bnf Bid 7 Order Flow Charts Dated 10Th Jan 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 : (08:47) Vtrender Live: option charts – https://join.me/332-587-285
(08:48) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/183099893

10:39 RK : (10:38) RK : Short NF 50%25 at 10888 here and keep another 50%25 at 10920 with SL 10930 will update obj

10:55 RK : (10:55) RK : Book full 10870 (10:38) RK : Short NF 50%25 at 10888 here and keep another 50%25 at 10920 with SL 10930 will update obj

10:56 RK : (10:56) RK : remove the pending shorts at 10915..

11:18 RK : (11:18) RK : Long NF 50%25 above 10863 for 10890 SL 10835

11:58 RK : (11:57) RK : Add another 50%25 above 10863 again and move SL to 10844 (11:18) RK : Long NF 50%25 above 10863 for 10890 SL 10835

12:00 RK : (12:00) RK : SL to be moved only after adding another 50%25..till then it remains at 10835 (11:57) RK : Add another 50%25 above 10863 again and move SL to 10844 (11:18) RK : Long NF 50%25 above 10863 for 10890 SL 10835

12:40 RK : (12:40) RK : second 50%25 in at 10863..we have 100%25 long at 10863 now..modify SL to 10838 and obj 10890 (12:00) RK : SL to be moved only after adding another 50%25..till then it remains at 10835 (11:57) RK : Add another 50%25 above 10863 again and move SL to 10844 (11:18) RK : Long NF 50%25 above 10863 for 10890 SL 10835

14:15 RK : (14:15) RK : make exit 10863 (12:40) RK : second 50%25 in at 10863..we have 100%25 long at 10863 now..modify SL to 10838 and obj 10890 (12:00) RK : SL to be moved only after adding another 50%25..till then it remains at 10835 (11:57) RK : Add another 50%25 above 10863 again and move SL to 10844 (11:18) RK : Long NF 50%25 above 10863 for 10890 SL 10835

14:37 RK : (14:37) RK : Short NF 50%25 at 10850 for 10825 SL 10870

14:46 RK : (14:46) RK : move SL to 10860 (14:37) RK : Short NF 50%25 at 10850 for 10825 SL 10870

14:51 RK : (14:51) RK : stopped (14:46) RK : move SL to 10860 (14:37) RK : Short NF 50%25 at 10850 for 10825 SL 10870


08:47 Vtrender Live : option charts – https://join.me/332-587-285
08:48 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/183099893
08:55 Shai : https://vtrender.in/market-profile-analysis-dated-9th-jan/
08:59 Shai : lots of buying in the tape yesterday with the last bit at 10850 being our early morning ref
08:59 Navaneeth : GM Shai
09:00 Shai : structure wise we still want to see the auction set up good volume above 10896 to be bullish
09:00 Vijay : GM
09:02 Himanshu : gm all
09:03 Manjunath : GM all…
09:03 MJ : Good morning everyone.
09:03 Subhodeep : gm all
09:03 Subhodeep : hi mj
09:06 MJ : Hello S.
09:07 MJ : Everyone if you can take a time out from your day and say a little prayer for Jim Dalton. Would be great. 🙂
09:07 Jitender : Gm Folks 🙂
09:07 Uttam : Good Morning All 🙂
09:08 Uttam : Jit SGX already made Jan highs it seems 10973 high last night
09:08 Manjunath : sure
09:08 Shai : +1– (09:07) MJ : Everyone if you can take a time out from your day and say a little prayer for Jim Dalton. Would be great. 🙂
09:09 Uttam : already prayed for him when I saw the tweet
09:09 Jitender : Uttam..bnf 2..5% shrt of All TH & NF 7.5% shrt
09:10 Subhodeep : @shai already wished him a speedy recovery
09:10 Subhodeep : and have him in my prayers
09:10 TP : GM All.
09:11 Vinay : gm all
09:11 Subhodeep : @shai can we have the bnifty atm /itm options for a while post the open?
09:12 RK : GM Shai and all
09:12 Subhodeep : gm rk
09:14 Shai : sure will add the BNF options
09:16 Pradeep : MJ: What happened to Jim?
09:16 Manjunath : Mini stroke after surgery
09:16 MJ : He is a unwell. Post surgery stroke.
09:16 Manjunath : So many 0’s
09:18 MJ : Jit will you give a pass above 711?
09:20 RK : this open auction is tricky now..no edge for any trigger..have to wait enough
09:23 TP : NF in profile charts showing o=h.
09:23 Jitender : sure M
09:24 Boppanna : 650 test coming looks like
09:24 Boppanna : BNF
09:24 RK : when you are trading the range for 2-5 days best chance to get out of range is in IB and fair chance incase of gap or drive with vols in first 30mins best is first 15mins..else it would become congested auction..from my observation
09:25 Shai : 27600 call and 27700 put on option screen
09:25 Shai : https://join.me/332-587-285
09:25 Subhodeep : tyvm
09:27 RK : 27670-27650 BNF range if wants to fill
09:27 RK : yday profile upper deck
09:28 RK : *27770-27650
09:29 Boppanna : +1
09:31 Boppanna : Going on b) Sustaining below 27750, BNF can probe lower to tag 27680 & 27615
09:31 Manjunath : How is the volume in NF Uttam?
09:32 Subhodeep : imho manjunath belowavg in the first 15 mins
09:32 Sanjay : BNF coming near supports. If we get big buyer kindly let me know 🙁
09:33 Manjunath : Tks Subh
09:33 Navaneeth : @Sanjay ji. Call will popup -If Buy opportunity comes. Or u can check 2nd Chat tab
09:33 Uttam : trifecta of reds
09:33 Uttam : in NF
09:33 Sanjay : Ohk Thanks a lot. I am new. So if I miss something…thats why said..Else I am checking
09:34 Navaneeth : Also Pls Open Slack. U won’t miss anything (09:33) Sanjay : Ohk Thanks a lot. I am new. So if I miss something…thats why said..Else I am checking
09:35 Sanjay : In slack, indexmovers?
09:35 Shai : not able to do a good job above 10896 FA again at this open
09:35 MJ : Jit 🙂 lovely number that 711.
09:35 Shai : 10840 supp
09:35 Uttam : yes OAIR in both & vols also not that good
09:35 Navaneeth : Intrada-Index-Alerts (09:35) Sanjay : In slack, indexmovers?
09:35 MJ : Out with shorts.
09:35 Uttam : 27660 is that TPO POC in BNF
09:35 Uttam : holding for now
09:35 MJ : RK wanted an inside day.
09:36 MJ : So do I.
09:36 Sanjay : Thanks
09:37 Navaneeth : Also watch positional-alerts (09:36) Sanjay : Thanks
09:38 Sanjay : something wrong. I cant see the ones you mentioned. I can see others though. Anyway will check after market. Let me track from here, as of now
09:38 Boppanna : Low 652 09:24 Boppanna : 650 test coming looks like
09:38 MJ : +1
09:39 Manjunath : Infosys results today?
09:40 Uttam : Spot both having a OH start
09:40 Manjunath : tomorrow I guess
09:40 Ravi : TCS today, Infy tom
09:40 Manjunath : TCS today
09:40 Manjunath : right
09:40 Ravi : TCS post market
09:41 Manjunath : ok
09:51 Uttam : very low volumes, typical of OAIR start plus we are insdie previous Value too
09:52 Subhodeep : best to wait out till direction emerges on the indices uttam?
09:53 Uttam : pain at 27560 & both 27600ce/pe being written looks like
09:53 MJ : ab COT positive in bnf
09:55 RK : Rajini movie release today 🙂 (09:51) Uttam : very low volumes, typical of OAIR start plus we are insdie previous Value too
09:56 Vinay : RK and Ajith too..
09:56 Boppanna : Bot picked up 09:28 RK : *27770-27650
09:56 MJ : RK any good that is? 🙂
09:56 MJ : Saw people in mumbai also line up at 7 am for the show.
09:57 RK : yes lot of buzz about this movie..directed by youngster who has done just 3 movies but craftman..I am fan of him and he seems brought back 90s Rajini in screenplay..so good words about the film
09:57 Subhodeep : where do you see the bot? in slack??
09:57 RK : Vinay yes
09:59 Uttam : cool RK how come you not gone for the movie or plan to go in the evening 😉
10:00 RK : FDFS noway that too for Rajini movie 🙂
10:00 MJ : Thanks RK.
10:00 Uttam : no wonder Kathir has been missing on expiry day also 😉
10:00 Navaneeth : Yes (09:57) Subhodeep : where do you see the bot? in slack??
10:01 RK : Kathir on sm personal work for few days
10:02 Uttam : yes RK had chatted with him on slack so told me that, was just kidding about the movie part
10:02 Shai : so open in range and value and no OTF
10:02 Shai : what are the choices here?
10:02 Uttam : short CE & PE in BNF & have a nice coffee 😉
10:02 Shai : 🙂
10:03 Shai : adjust accordigly guys. Save emotional capital
10:03 MJ : +1 Shai.
10:03 TP : Maybe switch to stocks for the day.
10:03 Shai : we are just back from dvah at 10886
10:04 Shai : or time to trade the small 10 pointers
10:04 Shai : if you want to that is
10:04 Shai : else get some coffee 🙂
10:04 Subhodeep : i rather wait more of a tea person 🙂
10:05 Shai : right
10:05 Subhodeep : @shai if you find time do give me an obj on the 2 stock sof the other tab
10:08 Shai : sure
10:08 Shai : just for the closing today 27710 spot is the low of the singles of Sept 4
10:09 Shai : it’s a sell below 27700 spot
10:09 Shai : buit if crossed in closing today then go all in with a 27900 call at market
10:09 Shai : as can jump to 27900 in double quick time
10:09 Shai : all spot prices
10:09 Shai : SAR level for day
10:10 Uttam : nice Shai & today OH in BN Spot right there
10:10 Uttam : marker
10:11 RK : IB done..max 10-15 point we might get IB extn till 12 is the expectation now in NF (09:20) RK : this open auction is tricky now..no edge for any trigger..have to wait enough
10:12 MJ : Bnf getting excited as Shai wrote the SAR levels.
10:12 MJ : Doing big jumps 🙂
10:12 Manjunath : IB externsion can be on either side RK?
10:12 MJ : She loves you back Shai.
10:13 RK : Manju really no idea
10:13 Manjunath : ok
10:13 Manjunath : tks
10:17 Shai : 🙂 – (10:12) MJ : She loves you back Shai.
10:23 Subhodeep : this is not quite clear s in 27900 for next week expiry?
10:24 Subhodeep : 0:09 Shai : buit if crossed in closing today then go all in with a 27900 call at
10:25 MJ : AB did nice supply defence. (09:53) MJ : ab COT positive in bnf
10:26 MJ : Jit have printed gate pass for 711. Please pass now.
10:26 Jitender : shez yr baby MJ
10:26 Jitender : go tickle her
10:26 MJ : Okay
10:26 Jitender : or watever u do 🙂
10:26 Shai : next week better also Subhodeep
10:26 Subhodeep : roger that
10:26 Shai : but may move today itslef
10:27 Sanjay : I was looking for this upmove buyer 🙁 (09:32) Sanjay : BNF coming near supports. If we get big buyer kindly let me know
10:27 MJ : Jit need experienced hands to handle her. Shai or you.
10:27 Shai : it’s locals Sanjay
10:27 MJ : 😛
10:28 Shai : Big buyers may not be there
10:28 Sanjay : Oh ok. No issues. Happy to wait.
10:30 MJ : C also wants green COT is it?
10:30 Subhodeep : noted as well 10:26 Shai : but may move today itslef
10:31 MJ : OK then,
10:31 MJ : 661 to 717 half out.
10:31 Uttam : 27600ce OI stalling
10:31 Uttam : but that of pe going higher
10:37 Subhodeep : 27600ce bnf has an oi chang of 190 od percent
10:37 Subhodeep : uttam
10:37 Subhodeep : ?
10:37 RK : Uttam where is BNF ATR?
10:37 RK : my file seems got corrupted..not opening
10:37 Uttam : 332 RK in my excel
10:38 RK : fine
10:38 Uttam : ysterday range 333
10:38 Madan : is there any live chart for MP?
10:38 RK : Short NF 50% at 10888 here and keep another 50% at 10920 with SL 10930 will update obj
10:41 Manjunath : Uptsox again having problems? Not able to close yesterday’s position
10:41 Shai : scroll right of screen – (10:38) Madan : is there any live chart for MP?
10:41 Shai : in blue shades
10:41 Madan : Thx
10:43 Shai : BNFa also dropped 40
10:51 Subhodeep : @shai rk took theplung bought 30 percent bnf 27600 ce at 64
10:55 RK : Book full 10870 (10:38) RK : Short NF 50% at 10888 here and keep another 50% at 10920 with SL 10930 will update obj
10:55 RK : smthing for OAIR
10:56 Uttam : nice Rk +1
10:56 Subhodeep : +1
10:56 RK : remove the pending shorts at 10915..
10:56 Uttam : BNf continued to form that ledge at 27660
10:56 Manjunath : Good one RK although I missed it 🙁
10:56 Shai : +1
10:56 Boppanna : Nice one RK
10:56 RK : Manju it spent enough time above 888 to enter
10:56 Shai : dvah to dval
10:56 RK : yes Shai
10:56 Manjunath : yes…had issue with Upstox
10:57 RK : IBL swipe possible but safe play
10:57 Manjunath : could not enter the trade…
10:57 RK : as we are just in D period
10:57 Uttam : BNF can do 27615 RK?
10:57 Subhodeep : bnf chart not running it ssems
10:57 Subhodeep : stuck at 27676
10:57 Manjunath : have to change broker
10:58 RK : Uttam not sure..but 50-100 pointer swipe either side of IB and back in IB is the game in BNf I think today
10:58 RK : timing of extn is tricky
10:58 Subhodeep : are the bnf foot print and 30 min charts stuc?
10:59 MJ : Working fine @S.
11:00 Sanjay : Thanks RK
11:00 Sanjay : now looking for BNF buyers 🙁 if they enter,
11:02 Sanjay : that 27720 green box. are they buyers?
11:02 Sanjay : 27740, sorry
11:02 Shai : yes
11:03 Shai : aggressive longs sl 276054
11:03 Sanjay : ooo. thanks. good to buy?
11:03 Ravi : @Shai is it Finished Auction in BNF
11:03 Shai : 27604 tgt 27685
11:03 Sanjay : Super. Thanks
11:03 Shai : no not a good finsihed auction but a RB there
11:04 Shai : 28k buyer
11:05 Ravi : Tq Shai
11:07 Shai : sl 27628 now
11:07 Shai : should move abv IB for it to be safe
11:08 Sanjay : Thanks
11:09 Shai : that 28k is a profit booking order
11:10 Sanjay : Oh.
11:10 Sanjay : Warning flag for longs?
11:10 Himanshu : otherwise price should move up quick shai ?(11:09) Shai : that 28k is a profit booking order
11:10 Shai : yes
11:10 Himanshu : thanks
11:11 Shai : close out cost
11:11 Shai : at cost
11:11 Pradeep : Shai how do you differentiate profit booking and a stuck buyer?
11:11 Pinkpython : Shai how do we differentiate from a profit booking and a fresh buy?
11:11 Shai : confidence to move price
11:11 Shai : a new buyer will not force tpo to gappen at same price
11:12 Shai : happen*
11:12 Shai : we don’t know as it happens but we can spot it few mins later
11:13 Shai : This- (11:10) Himanshu : otherwise price should move up quick shai ?(11:09) Shai : that 28k is a profit booking order
11:13 Himanshu : this needed to told that tweeter guy shai (11:11) Shai : a new buyer will not force tpo to gappen at same price
11:13 Shai : who?
11:13 Subhodeep : 11:09 Shai : that 28k is a profit booking order how does one one make that out
11:14 Uttam : (10:57) Uttam : BNF can do 27615 RK? BNF low so far 27626 which was also a hvn yesterday
11:14 Subhodeep : answered shai ignor
11:14 Himanshu : will find tweet
11:16 Shai : ignore. Sonner or later they will know themselves that their opinion does not matter 🙂
11:16 Himanshu : 🙂
11:18 Pradeep : RK/ Shai: Since C period high in BNF is exactly at the open, what are the odds of revisiting given that we are inside yesterday range?
11:18 Uttam : 29k green in NF at 10851
11:18 Uttam : 38K COT on 5mins
11:18 Himanshu : 21 + 10 @10858
11:18 RK : Long NF 50% above 10863 for 10890 SL 10835
11:19 MJ : Lets make a nice bell for the day.
11:21 Shai : BNF also back in IB
11:21 Ravi : RK significance of 10863 ??
11:21 Shai : 27700 should come now
11:21 Himanshu : Above IBL ravi
11:22 Shai : same sl 27604 below val
11:24 Subhodeep : @shai ideally what should my sl be for the 27600 ce bt at 64 basis bnf spot levels shai? 27606-27595 is what i have in mind
11:24 Subhodeep : is that ok ?
11:24 Subhodeep : sorry quoted fut there
11:27 Vijayakumar : shai, i could see the green band and pink band in 27700 put
11:27 Vijayakumar : what do it signifies
11:27 Vijayakumar : ?
11:29 Uttam : buyer imbalance & seller imabaqlance
11:29 MJ : 29k gets 15.
11:29 MJ : Trifecta in 1120 5 min NF.
11:29 Uttam : nice bell in both and relatively small range so DD please
11:30 Ravi : @Uttam can u ask DD after this RK call pease(11:29) Uttam : nice bell in both and relatively small range so DD please
11:31 Uttam : DD will be on the upsode Ravi
11:31 Ravi : Then ok Uttam:)
11:32 MJ : Uttam is looking for upside since yest 🙂
11:33 Uttam : I always look up to everyone Mihir 🙂
11:33 Ravi : 🙂
11:33 Subhodeep : 🙂
11:34 MJ : Wordplaymax.
11:34 Sanjay : Nice wordplay
11:34 Sanjay : 🙂
11:34 Sanjay : I booked. Now waiting for new buyer.
11:35 Shai : yes around that 27600 val – (11:24) Subhodeep : @shai ideally what should my sl be for the 27600 ce bt at 64 basis bnf spot levels shai? 27606-27595 is what i have in mind
11:37 Ravi : let me know when u get a buyer sanjay(11:34) Sanjay : I booked. Now waiting for new buyer.
11:37 Subhodeep : ty shai
11:38 Sanjay : hehe. I dont know how to find a buyer. New comer. Too lazy to watch videos. Will do so in the weekend.
11:38 Uttam : NF back below IBL
11:38 Uttam : but in the process of making the bell complete
11:38 Uttam : lets see how this TPO closes
11:39 Boppanna : Shai levels on the 26000pe /ce straddle for a buy?
11:39 Boppanna : Sorrry 27600ce/pe
11:39 Subhodeep : mj mere karan arjun kab aayenge 🙂
11:44 MJ : @Subhodeep My expectation is of small scalps. And will join the directional move if it comes. RK has ordered an inside day since yest. So market just doing what it is supposed to 🙂
11:44 MJ : If DD comes I’d like it to be on the upside.
11:44 Subhodeep : 🙂
11:44 MJ : Karan Arjun gone for Rajni movie.
11:45 Subhodeep : as rk mentioned.. standing in lqueue since 7 am 🙂
11:46 MJ : Is it me or this bnf looks like a miniature of yest profile?
11:47 Vinay : MJ what do you mean by that
11:47 MJ : Look wise.
11:51 Uttam : (09:51) Uttam : very low volumes, typical of OAIR start plus we are insdie previous Value too(09:53) Uttam : pain at 27560 & both 27600ce/pe being written looks like(10:02) Uttam : short CE & PE in BNF & have a nice coffee 😉 that 27600 combo from 150 at open down to 115 now
11:51 Uttam : that 26k green getting our looks like
11:51 MJ : Smooth 🙂
11:53 Uttam : DD coming to downside?
11:53 Uttam : poor lows in NF
11:53 Subhodeep : seems like it 🙂
11:53 Uttam : that 12k red was at wrong place but exited looks like in NF?
11:55 MJ : Any GST meeting today?
11:55 Vinay : Subho..how is your call doing…i missed the trade you took..and what was your SL
11:57 RK : Add another 50% above 10863 again and move SL to 10844 (11:18) RK : Long NF 50% above 10863 for 10890 SL 10835
12:00 MJ : Jit kudos 🙂
12:00 RK : SL to be moved only after adding another 50%..till then it remains at 10835 (11:57) RK : Add another 50% above 10863 again and move SL to 10844 (11:18) RK : Long NF 50% above 10863 for 10890 SL 10835
12:01 RK : Uttam Hope you are not giving DD downside here
12:01 Jitender : +1 M
12:03 Uttam : no RK even I do not want it 😉
12:03 RK : alright..good boy
12:03 Uttam : 🙂
12:03 RK : BNF seems wants spike down
12:04 Subhodeep : 11:55 Vinay : Subho..how is your call doing…i missed the trade you took..and what was your SL 64 entry exit planned if i see 27606 595 range in bnf fut
12:04 RK : some flash move
12:04 RK : have to accept above 665 quick
12:04 Boppanna : Shai that 27550 ref you had earlier ref in spot still important
12:04 TP : Better wake up call than coffee …………(12:04) RK : some flash move
12:05 RK : its a ticking bomb below IBL
12:05 Uttam : can test yesterdays buying tail RK, BNF?
12:05 Uttam : 27535
12:06 Uttam : 27615 here in BNF
12:06 Sanjay : BNF big buyer pls inform here
12:07 Sanjay : make r break level 🙁
12:07 Uttam : bug buyers in both
12:07 Himanshu : 80k here
12:07 Sanjay : oh
12:08 Sanjay : bnf can be bought?
12:08 MJ : Went long in nf.
12:08 Uttam : 40k fellow is back or covering his position?
12:08 MJ : Will aim yvwap
12:09 Sanjay : i better wait
12:09 Sanjay : 3 nifty broken supports
12:09 Shai : BNF make exist
12:11 Uttam : NF does 80% of the 3-day bell Value RK
12:11 RK : yes Uttam
12:11 Uttam : now lets do the reverse 80% also 🙂
12:12 Himanshu : some reds at wrong place NF
12:12 Himanshu : whats VAH for 3day bell uttam?
12:12 Uttam : 10896
12:13 Himanshu : okk thanks
12:14 MJ : Shai this ID thud have become a feature of this series no?
12:14 Jitender : (10:56) RK : Manju it spent enough time above 888 to enter(10:56) Shai : dvah to dval(10:56) RK : yes Shai
12:14 Jitender : srry
12:14 Jitender : my net n laptop acting up
12:15 Uttam : Jit checking if copy paste working or not 😉
12:15 Manjunath : 🙂
12:15 Jitender : yh
12:15 Jitender : https://vtrender.slack.com/archives/C0F2VRTPW/p1547101783000400
12:15 Boppanna : 650 -670 resistance in BNF
12:15 Jitender : 35+6+18+6 greens in bnf
12:16 MJ : Greens want ibl?
12:16 Jitender : 27800
12:16 MJ : Ok then.
12:16 Jitender : if i was tem
12:16 MJ : 🙂
12:16 MJ : If I was them 27888
12:16 MJ : 😛
12:16 Jitender : but keep n eye on spx
12:16 Boppanna : beyond 650-670 yep
12:18 Boppanna : Shai if fine with everyone can we have 27600pe on options screen pls
12:19 Uttam : congrats Jit 🙂 and keep rocking
12:21 Subhodeep : done shai @33
12:23 Shai : 27600 pe on screen
12:23 Jitender : tx Uttam…
12:25 Boppanna : thx Shai
12:32 MJ : Took the small bite 🙂 (12:08) MJ : Went long in nf.(12:08) MJ : Will aim yvwap
12:38 MJ : Shai Number to watch for spx?
12:40 RK : second 50% in at 10863..we have 100% long at 10863 now..modify SL to 10838 and obj 10890 (12:00) RK : SL to be moved only after adding another 50%..till then it remains at 10835 (11:57) RK : Add another 50% above 10863 again and move SL to 10844 (11:18) RK : Long NF 50% above 10863 for 10890 SL 10835
12:41 Boppanna : Nice one Jit
12:42 Jitender : +1
12:42 MJ : Bnf out at dvah.
12:45 Jitender : 90 bps (12:15) Jitender : 35+6+18+6 greens in bnf
12:45 MJ : Jit was watching them 🙂
12:45 MJ : Made longs there.
12:45 MJ : that 27800 will be very sweet.
12:45 Sumit : same. and out with your dvah call
12:46 Sumit : MJ
12:46 Vijayakumar : 27700 is a good chance
12:46 MJ : +1 Sumit.
12:50 MJ : bnf be nice and stay above IBH.
12:51 Uttam : pehle jaane to do bhai IBH ke upar 😉
12:51 MJ : IBL*
12:51 MJ : Uttam my bad.
12:51 MJ : 🙂
12:52 MJ : Nothing misses your eyes.
12:52 Uttam : _/\_
12:52 MJ : Capture that damm vpoc.
12:53 Uttam : that 10866 giving some res here RK in NF?
12:53 RK : yes Uttam morning MB
12:53 RK : we are looking to loot that
12:53 RK : lets see
12:53 Uttam : and POC of balance as well as today also
12:53 Uttam : +1
12:54 RK : this is 3rd time rej there after new swing low 10851
12:54 RK : post IB
12:55 Uttam : yep
12:55 Uttam : all TPOs there
12:55 RK : some balance maybe and then if they another time post balance then it could open up
12:55 RK : till then sweat
12:55 RK : *they hit
12:56 Jitender : 27660 gettn thick with tpo waistline
12:56 Uttam : yes Jit all TPOs there as well
12:56 Uttam : was ysterday’s TPO POC too
12:56 Jitender : +1
12:57 MJ : Out with DVAH SAR.
12:58 Jitender : 111 pt prem in bnf..expiry as per spot
12:58 MJ : On expiry day. When is the max premium drop observed? Time wise?
12:59 Jitender : no such corelation
12:59 MJ : Okay J. Thanks.
12:59 Jitender : iv’s drop
12:59 Jitender : gamma risk increases
12:59 MJ : Yes, thats what actually I meant.
13:00 MJ : when does time factor start to kick in the maximum?
13:00 Jitender : on expiry day…from open n ten every hr
13:00 Jitender : broadly
13:01 Uttam : that BNF ce+pe giving 50 points from open
13:02 MJ : Thanks J. means Time becomes imp SL too.
13:03 Jitender : from feb 14..theta will be the biggest blockbuster
13:03 Uttam : 27600ce OI has been increasing
13:04 MJ : Theta be like: Apna Time Aayega.
13:04 MJ : Gully Boy reference.
13:04 Uttam : the late CE writers could be punished later today
13:05 Uttam : pain coming at 27550 though
13:05 MJ : Coiling around that 2 day tpos.
13:06 MJ : Jit why feb 14 but?
13:06 Uttam : H making a double inside bar in NF
13:06 Uttam : I could lead RK?
13:06 MJ : You always lead Uttam.
13:06 Jitender : valentines day M..very significant 🙂
13:06 Ravi : 🙂
13:07 MJ : Uff 😛 Kuchbhi.
13:07 Jitender : 🙂
13:07 Jitender : nf weekly expiry
13:07 MJ : Oh yess. Gift of Valentine.
13:07 Uttam : Jit’s love for the market is going to increase manifold this Valentines 🙂
13:08 Jitender : we will share the love man…enuff for all here at VT
13:08 Uttam : +100
13:16 Uttam : some supply here in NF at vwap & looks like getting absorbed
13:17 RK : hoping so Uttam (13:06) Uttam : I could lead RK?
13:18 Uttam : the profile also looking like needs a upper part filling
13:18 Uttam : but this 10866 being very stubborn 😉
13:19 Uttam : similar profile in BNF too
13:19 RK : will ask bots to oblige your concern 🙂
13:19 Uttam : sure RK 🙂
13:20 Boppanna : WOuld have been nice if they could do before Europe
13:20 RK : can expect fast move above 866
13:20 Uttam : probelm is on the composite profile looking complete
13:20 Uttam : yep above 10866 can move to IBH fast
13:27 Jitender : -16.5 (12:16) Jitender : but keep n eye on spx
13:27 Uttam : I breaking lower
13:28 Uttam : G made a pull back high of 10868 in the last minute
13:28 Uttam : H sorry
13:29 Sumit : seller stuck in BNF ?
13:31 Uttam : NF VWAP & that POC of 10866 aligning here
13:34 Sanjay : again any new buyer coming in bnf? last chance 🙁
13:37 Ravi : @Uttam these are initiative sellers in BNF?
13:37 Sanjay : I dont know these. New here. Thats why asking everyone 🙁
13:38 Sanjay : 27615 near levels are strong support. thats why was looking for buyer if any
13:44 Shai : @sanjay greens are buyers and reds are sellers
13:45 Shai : a new buyer willl show up as green and big buyer the qty will be large
13:45 Sanjay : Oh ok. Thanks. I mean big buyers are not there right, currently.
13:45 Shai : Please go through the welcome videos . You will not undertand anything here till you do the basics first
13:46 Sanjay : Yes I will check in the weekend surely
13:46 Shai : yes there was one big buyer at 27615 about 120 mins back
13:46 Shai : he is still defnedingbut not able to cross vwap yet
13:46 Sanjay : Yes, I wrote a comment 10 mins prior to that I was looking for big buyer
13:47 Shai : there was 34000 at 27615 and 18000 at 25590
13:47 Shubro : Shai when you say a buyer is defending does it mean he is buying more at that point?
13:47 Sanjay : This (12:06) Sanjay : BNF big buyer pls inform here
13:48 Shai : yes was 12.06
13:48 Shai : very visible
13:48 Shai : no need to inform Sanjay. This is very elementary
13:48 Sanjay : Thanks, I just look for big buyer/seller near my levels. Thats it.
13:48 Shai : oh yes
13:48 Uttam : that 26k red in NF not getting a exit
13:49 Shai : but ask yourself how he is doing all through the day
13:49 Shubro : Good point yes agree! if hes bought and hes not making much he could dump essentially is that right?
13:49 Shai : if he is buying more , then we will have more greens – (13:47) Shubro : Shai when you say a buyer is defending does it mean he is buying more at that point?
13:50 Shubro : Right Shai.
13:50 Shai : for now it is just a very low volume market
13:50 Sanjay : Why I ask is, I may not have idea how big is actually big enough to consider as a good signal.
13:50 Shai : you will never know
13:51 Shai : it is always relative to the rest of the market
13:51 Sanjay : Oh ok. got it. But you guys experience will help here
13:51 Shubro : if low depth even small volumes can make good moves?
13:51 Shubro : relatively that is
13:51 Shai : can
13:52 Shai : like this 10k buyer in NF is big relatibe to the reamining vol
13:52 Shai : but overall COT is just around 10000 and less so more of a balance
13:53 Shai : Check what Mihir posted yesterday on Slack
13:53 Shai : that is very big buying and price moved 100 swiftly
13:53 Shai : compare that vol to today and you will see why price is steady here
13:53 Shai : this – https://vtrender.slack.com/archives/C0F31QRN3/p1547049864026400
13:53 Sanjay : Oh ok. Thanks a lot. Will check
13:54 Uttam : will call you later in the evening Sanjay to address any queries you have & give a gist of how MP & OF works
13:55 Sanjay : Sure. Thanks a lot.
13:55 Uttam : operation 10870 on in NF?
13:56 RK : I was just thinking Uttam that you cursed J why not print 10865 when all your friends did it? 🙂
13:56 RK : one hell of ref now it is
13:57 RK : for intra
13:57 Uttam : lol RK yes 10865 has room for all
13:57 RK : locals very much
13:57 Uttam : vwap here from thar stcuk 28k red
13:58 RK : C low,FGHIJ high all there
13:58 Uttam : but needs more buying here NF
13:59 RK : more than greens we should not get any reds here..if thats not happening then greens will come out by default
14:00 Uttam : +1 RK
14:00 Shubro : RK thanks that helps with the thinking here…i was scratching head
14:00 RK : see what happene yday..mkt fell from cliff..so they did almost same tape today and caught reds..and imo grind by reds at lower extreme of the day hoping for similar day of yday to repeat..when time passes and if we hold lows then we can see sprint upside
14:01 Uttam : BNF combo now at 85 from 150
14:01 Uttam : perfect RK
14:02 RK : if no BNF effect today due to expiry this was clean auction now have to rely on BNF
14:04 Vinay : RK will BNF deliver..for NF to deliver 🙂
14:04 RK : after 14th Feb am not sure we have to sacrifice NF also during Thu expiries
14:04 RK : such all day grind and last hr move or first hr large move then all day grind type will kill NF trades also
14:05 Subhodeep : pardon me if i am wrong but did the move not happen yesterday itself when the fall and the recovery came.. every one waited for an expiry today but volumes across the day were low
14:05 Subhodeep : @rk
14:06 Uttam : RK did mention yesterday that BNF expiry move loks done one day early
14:06 RK : Subho yday many must have missed the fast move..so when tape repeats signs of similar auction today its natural for all of us to get a try in such move downside
14:07 Subhodeep : on the same page there rk
14:07 Subhodeep : onhindsight his is a point which goes in my note book
14:07 Uttam : 7 more minutes to scale that 10870
14:07 Subhodeep : one day early on weekly options
14:07 Subhodeep : 🙂
14:08 RK : having said all of this our longs barely seen out of water and still under water..we are just betting on OAIR,Inside day bell and LLT at IBL extn failure..
14:08 Subhodeep : i am new to weekly option s on the bnfity never traded them till i joineed here and have been quite enjoying the experience and teh learning
14:08 RK : so till its proved wrong we need to wait..
14:08 Uttam : (13:55) Uttam : operation 10870 on in NF? finally done
14:08 Subhodeep : now you are seeing light of hte day rk nf scaling up
14:10 Subhodeep : but aint volumes abysmally low ?
14:10 Uttam : 54k COT on 5 mins
14:10 Uttam : local shorts getting squeezed out RK?
14:11 Subhodeep : 100k cot ittam
14:11 Uttam : 5min
14:11 RK : yes Uttam
14:12 Himanshu : may be more at day high (14:10) Uttam : local shorts getting squeezed out RK?
14:13 Uttam : 40k green at top
14:13 Subhodeep : @shai the other tab ; when you check please advise, seemed like a bo hence in you rlevles wud add confi
14:14 Shubro : didnt help that 40K
14:15 Sanjay : Thanks. Could they be trapped? (14:13) Uttam : 40k green at top
14:15 Shai : yes at davh he was trading for a breakout
14:15 RK : make exit 10863 (12:40) RK : second 50% in at 10863..we have 100% long at 10863 now..modify SL to 10838 and obj 10890 (12:00) RK : SL to be moved only after adding another 50%..till then it remains at 10835 (11:57) RK : Add another 50% above 10863 again and move SL to 10844 (11:18) RK : Long NF 50% above 10863 for 10890 SL 10835
14:15 Sanjay : Thanks a lot
14:16 RK : game is spoiled with that 40K..should have held 10865 roughly..risky to hold longs when 865 gives up
14:16 Shubro : this going to blow on the other side now?
14:16 RK : another 3 points would have given us exit..883
14:17 Uttam : yes 40k green stalled the move
14:17 RK : as long as 10845 holds we have fair probabilty to fill 10855-10890
14:17 RK : but risk got higher now than earlier
14:18 Sanjay : Ok one question Uttam, How can we know if its a trapped buyer or not…
14:18 Shubro : RK risk of move up correct?
14:18 Uttam : when you have a big buyer or seller & they do not get nay follow through then good chance that they are trapped
14:18 RK : If they break 845 then we would fall straight back into two tpo singles of yday all the way till 10800
14:18 Uttam : plus ast imp levels like day high / day low
14:19 Sanjay : Thanks a lot , Uttam.
14:19 Uttam : here 10880 is dVAH
14:19 Shai : yes 10840-50 was bought even yesterday and today also saw buying
14:19 Shai : but can force liquidation if broken
14:19 RK : Shubro I meant we have now less confidence to look for upmove though probability there..so no point sweating I meant
14:20 Shubro : Yes RK thanks understood. Good stuff
14:20 RK : yes Shai BNF I feel one more move down so that can push NF too
14:20 Shubro : Following you RK to the T
14:20 Shubro : 🙂
14:20 Shai : k
14:20 Shubro : your explanations are very clear
14:20 Boppanna : 27500 lottery below 615
14:20 Manjunath : Thanks for the explanations RK.
14:21 Shai : reds
14:21 Uttam : timely exit in that NF long RK
14:21 Uttam : new day lows
14:22 RK : yes Uttam we tracked that 865 for 2hrs and when they fail to hold on test after new swing high then safe to exit
14:22 Manjunath : Big buyer in NF?
14:22 Uttam : +1 RK
14:22 Uttam : tomorrow trend day RK 😉
14:22 RK : stay safe now..if NF auctions below 10845 then more lows possible
14:23 RK : we are into yday singles
14:23 RK : acceptance means reversal
14:23 Shai : 45 degrees abv 845
14:23 Uttam : 1.5 IB RE done in NF
14:23 Uttam : 10824 2 IB
14:23 Uttam : BNF 2 IB down at 27564
14:24 RK : BNF for 2IB down
14:24 RK : and 10825 NF good sup
14:25 Uttam : 1L green in NF at 10835
14:25 Tejus : 98k green in nf does the SL hit?
14:25 Uttam : all locals out 😉 first shorts got squeezed out then the late longs
14:25 Himanshu : intra reversal ?3,995,742.00
14:25 Himanshu : intra reversal ?(14:23) RK : acceptance means reversal
14:26 RK : reversal downside
14:26 Himanshu : okk got it
14:26 RK : that was singles from buyers yday..so acceptance in that zone by auction means can move down
14:27 Uttam : RK in fact NF was a fresh short below 10865 aftrer it tagged 10880? We could have done SAR 🙂
14:27 Shubro : Uttam SAR = Stop and reverse??
14:27 Uttam : did VAL from there
14:28 Uttam : composite VAL
14:28 Shubro : NF unable to cross VAL after that buy so PLR now effectively down?
14:28 RK : hindsight 🙂 (14:27) Uttam : RK in fact NF was a fresh short below 10865 aftrer it tagged 10880? We could have done SAR 🙂
14:29 Uttam : no RK dVAH tag & 40k green stuck there also na
14:29 RK : when you are holding longs you would look for holding support and bounce back..tough to do SAR..even after LLT we normally get a retest there
14:29 Uttam : yep was juts typing that RK
14:30 Uttam : +1
14:30 Shubro : is this auction done for the day now or more action left RK?
14:31 RK : range is almost done
14:31 Boppanna : Last hour
14:31 RK : BNF maybe one move
14:33 RK : If we close around dPOC or below it tmw auction might move downside
14:33 Himanshu : rk 10866 imp reference now or PB of 10880 ?
14:34 RK : need clear auction above 895 FA zone
14:34 Himanshu : okk
14:34 Manjunath : got 15 pts scalp in NF
14:35 Shai : 10861- (14:23) Shai : 45 degrees abv 845
14:35 Shai : 9900 guy wrong place
14:37 RK : Short NF 50% at 10850 for 10825 SL 10870
14:43 Shubro : battle is on to get NF down
14:45 Shai : 98k guy collected all the supply at 10835
14:46 RK : move SL to 10860 (14:37) RK : Short NF 50% at 10850 for 10825 SL 10870
14:46 Amit : RK – can you explain the logic for short NF, looking at the 1L buyers in NF , i was thinking of longs.
14:47 Amit : just for my learning
14:49 Uttam : BNF combo of 27600 heading towards 50 levels looks like
14:50 Uttam : OAIR perfect day to play this plus expiry also
14:50 Uttam : almost 100 points down in that short straddle since morning
14:51 RK : stopped (14:46) RK : move SL to 10860 (14:37) RK : Short NF 50% at 10850 for 10825 SL 10870
14:51 RK : Amit IBL rej and expected one move towards day low before close..as we have solid rej around 865
14:52 Amit : ok, thx
14:53 Sanjay : Will look for sellers at 872
14:53 Uttam : BNF combo at 45
15:01 Sanjay : This big pink box. are they sellers
15:01 Sanjay : Box is gone now.
15:01 Uttam : that shows seller imbalance
15:01 Sanjay : Oh ok. Thanks
15:01 Uttam : ehat a nice bell profile in NF
15:02 Uttam : what*
15:02 RK : BNF too
15:02 Uttam : yes RK what you said yesterday happening ot a ‘T’ inside day with nice balance
15:02 Shubro : so RK question now the profile has achieved balance in both?
15:02 Sanjay : 872 sellers came in pink.
15:03 Sanjay : Now getting to understand this
15:03 Uttam : so nice Fridayt coming up? time for the imbalance to start as it is the 10th of Jan today 🙂
15:03 Shubro : so we can expect an imbalance move ?
15:03 Shubro : ah Uttam u answered very good
15:03 Shubro : haha nice
15:03 RK : Shubro balance inside large range gives no context..it could rotate inside range
15:03 Sanjay : Pink box exact 872 🙂
15:03 RK : one take away for bulls is they saved yday imbalance at lows and made higher value today from that tail
15:04 RK : so they need to save that and move above 895
15:04 Uttam : yes RK imbalanceo nly we we move away higher tom
15:04 Shubro : so 895 if not breached then balance to imbalance downside?
15:04 RK : acceptance tmw again below 845-835 band is weak for bulls
15:04 Uttam : below 895 we alreayd have a balance Shubro so no imbalance
15:04 Uttam : we can play 80%
15:04 RK : yes Shubro if they reject this balance and accept lower means can expect probe downside
15:05 Shubro : Uttam 80% of T-2 day?
15:05 Uttam : BNf expiry move coming?
15:05 RK : If US mkts dont do U turn thats likely to happen
15:06 Shubro : Noted Sir! many thanks. Now my brain is moving to studying contexts
15:06 Shubro : my four eyes adjusted to the screens!
15:06 Sanjay : 🙂 (14:53) Sanjay : Will look for sellers at 872
15:06 Subhodeep : jaitley speaking again bybye highs
15:07 Uttam : when we are forming a bell you can fade the extrrmes Sanjay & there was no volumes coming in when we moved higher
15:09 Uttam : close at 10866
15:09 Uttam : ?
15:13 Shubro : RK are we carry the NF short or closed?
15:13 Shubro : *carrying
15:14 Navaneeth : No shorts are open @Shubro
15:14 Himanshu : it stopped at 10860 shubro
15:14 Shubro : ok thanks Navneeth i had a put option on which I had exited .
15:14 Shubro : Thanks Himanshu
15:16 Shubro : ho ho big seller in NF?
15:17 Uttam : https://vtrender.slack.com/archives/C1DHY78MU/p1547113659002900
15:17 Uttam : BNF combo chart
15:17 RK : if you are talking about intra short taken then its stopped at 10860..(15:13) Shubro : RK are we carry the NF short or closed?
15:17 Sanjay : This may explain the fall surely, but not 782 right? (15:07) Uttam : when we are forming a bell you can fade the extrrmes Sanjay & there was no volumes coming in when we moved higher
15:18 Sanjay : The seller came at exact 782 and this could be predicted 5 mins before
15:18 Uttam : 872 you mean
15:18 Sanjay : yes sorry
15:19 Uttam : OF is there to complement our levels & view we get via MP
15:19 Sanjay : Yes, OF is super useful to me.
15:20 Uttam : +1
15:20 Uttam : but you should not treat OF in isolation
15:20 Sanjay : Agree
15:20 Uttam : combine with MP & it is a lethal weapon to trade
15:21 Jitender : +100
15:21 Sanjay : +1
15:24 Vinay : Had noted this from Shai a few days back : 10817/10793 buyers and 10877 /860 is the big seller
15:24 Vinay : looks like this is still continuing?
15:24 Shai : yes
15:25 Shai : today well balamced within a big balance
15:25 Shubro : tomorrow loooking exciting then Shai?
15:25 Vinay : So many days in a range..if jit breaks can trend?
15:25 Shai : yeah we should be mentally ready for a move out
15:27 Uttam : both CEs & PEs also look weel balance for a move away
15:27 RK : 11000-10550 large balance and 10900-10750 balance within balance
15:27 Rajiv null : Hi are these large buyers again of significance?
15:28 Jitender : adios gentlemen
15:28 Vinay : isnt that kinda a symmetric towards the top RK..or doesnt matter?
15:28 Shai : no was a low volume day
15:28 Shai : as mentioned was only locals
15:28 RK : no Vinay..inside balance its keep guessing game
15:28 Shai : not like yesterfay high volume charged up move
15:29 Vinay : RK: brean of yests low..move towards the lower balance?
15:29 Uttam : but yesterday’s buyers still there Shai so PLR on the upside?
15:29 Uttam : need to get OTF tom at open
15:29 Shai : can drive away from this profile tom if gap is not there
15:29 Vinay : its like Pettai vs Viswasam..both win…grass crushed
15:29 Uttam : +1 Shai
15:29 Shai : stay sharp at open tom
15:29 TP : Bye All.
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:30 Uttam : thanks All 🙂 have a lovely evning
15:32 Subhodeep : bye bye a dhave a pleasant evening all


09:40 Subhodeep : @shai hindalco will it show 195 positionally ? and maruti id obj ;looking to short this as well
10:08 TP : Shai views on MINDTREE and LT , id.
10:13 Shai : yes hindalco headed to 195
10:13 Shai : trend down is good and strong
10:14 Shai : 7527 styromg intra res in Maruti
10:14 Shai : 7440 intra supp but bigger swing supp is 7385
10:15 Shai : mindtree 810 supp
10:15 Shai : any increase in selling beyong 810 can bring 790 tom
10:16 Shai : LT 1397 one obj of the open done
10:16 Shai : supp still 1390
10:16 TP : tks chief.
10:21 Subhodeep : thanks shai
13:19 Subhodeep : @shai id adn positional obj on titan please
14:18 Shai : titan itra day obj gets done at 964 but is a trend day up so can trail with a sl and expect day highs close
14:18 Shai : positional tgt for today’s move is 1020
14:22 Subhodeep : noted following
14:22 Subhodeep : @shai was getting tired holding it .. and was just abt to sell when i read your msg:)
14:26 Subhodeep : exited at 967 and bought 1000 ce for positional outlook
14:36 Manjunath : @shai, Are you expecting 1020 in Titan this series?
14:37 Subhodeep : positionally yes manjunath
14:37 Subhodeep : obj is 1020
14:37 Subhodeep : but dont hold a gun
14:37 Subhodeep : 🙂
14:39 Shai : end of the month is the TF as cash value
14:39 Shai : but yeah this series is the same
14:47 Subhodeep : @shai ar eyou able to see of charts for single scrips as well for eg titan? ?
14:48 Manjunath : ok – Thanks!. Time to take profits in short strangles in Titan then.
15:04 Shai : No I don’t track OF for stocks
15:07 Subhodeep : noted