Order Flow charts dated 10th May 2021

Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.

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

Vol Pic2 Nf 5 Order Flow Charts Dated 10Th May 2021 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 Bnf 2 5 Order Flow Charts Dated 10Th May 2021 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 : 5 min NF charts = https://global.gotomeeting.com/join/517316277
08:50 Ravi : gm all
08:50 Vtrender Live : 5 min BNF charts – https://zoom.us/j/94836261613
08:52 Chandrashekhar : GM all
08:56 Mayur P : Gm all
08:57 B. G. : Good morning!
08:58 Vishnu : gm all
08:59 Neeraj : Good Morning. First Day here after a long gap. Looking forward to trade with the best!
09:04 Uttam : Good Morning All πŸ™‚
09:05 Uttam : https://vtrender.com/weekly-charts-03rd-to-07th-may-2021-and-market-profile-analysis/
09:05 Uttam : https://vtrender.com/market-profile-analysis-dated-07th-may-2021/
09:05 Shai : GM all
09:05 Rajesh G : GM all
09:05 Shai : wc back – (08:59) Neeraj : Good Morning. First Day here after a long gap. Looking forward to trade with the best!
09:05 Ankush Jain : GM all
09:06 Abhishek : Good morning everyone πŸ˜€
09:06 Rohan : GM All
09:06 Shai : we would be opening gap up above the balanced profile
09:06 Uttam : some new color scheme on the charts looks like πŸ™‚
09:07 Shai : 14980 ref line for the open
09:07 Shai : 33413 ref line for the BNF
09:08 Shai : Any overnight shorts move SL from 14997 suggested to 15023 F for the open
09:08 Shai : we trade with the range for the first 5 min volumes
09:10 Uttam : some issues with the colors of the charts on webinato, anyone else having it or is it just me?
09:10 Rahul Goel : Hello all good morning
09:10 Rajan Modi : hehe, for all UG πŸ™‚
09:10 Uttam : welcome back Neeraj – (08:59) Neeraj : Good Morning. First Day here after a long gap. Looking forward to trade with the best!
09:10 Rahul Goel : color has changed Uttam, I like it though
09:11 Surya ganti : i just noticed the volume bars on the MP chart on right
09:11 Mayur P : +1 Rahul
09:11 Uttam : it has nott changed as zoom & GoTo have the old colors
09:11 Uttam : some issue with webinato as remember once before also this had happened
09:11 Sanjib : No change in colour for me except the volume bars in profile chart
09:12 Ranjith : zoom charts not working for me
09:13 Nisha : GM All
09:15 Uttam : room charts fine now πŸ™‚
09:19 Uttam : BNF no vols above Friday’s high looks like – all 0s
09:20 K2dt : also below avg vols in both right UG?
09:20 Uttam : yes typical OAOR looks like but lets wait for the first 15 mins
09:20 Uttam : if vols increase or maintain above 3-4k on 5min barsa
09:23 Siddharth : can everyone see room charts ?
09:24 Mayur P : room charts stuck
09:24 Uttam : yes charts are fine
09:24 Uttam : sorry stuck
09:25 Ashwin : goto gone as well
09:25 Ankush Jain : yes
09:25 Uttam : looksl ike GoTo casing the issue in webinatoa again
09:25 S M : goto session no longer exsists
09:25 Uttam : yes getting reset
09:25 Uttam : we would need to get back to joinme looks like for NF 5mins
09:27 Rahul : +1 ug agree
09:27 Vtrender Live : 5 min NF charts – https://join.me/vtrenderlive
09:27 Uttam : OAOR in both NF & BNF with volumes also lower than average
09:28 Siddharth : goto showing meeting id expired
09:28 Uttam : joineme link given for NF
09:28 Prashant : 2 simultaneous zoom sessions for nf and bnf not possible??
09:28 Ravi : says waiting for Vtrender to respond
09:29 Shai : Please use the new link for 5 min NF charts
09:29 KK : 15046
09:29 KK : ?
09:32 KK : bnf again weak , UG.. on those 0s ?
09:32 Uttam : sorry BNF is OAIR
09:32 Bhishma : bnf eoa?
09:32 Prashant : any chance of orr here?
09:34 Uttam : 33200 ref in BNF here
09:35 Uttam : weak below it
09:35 KK : 33114 ?
09:35 Surya ganti : POCs of previous bars at chiefs reference..
09:35 Shai : BNF opened in same range
09:38 Ankush Jain : riot of colors
09:40 Govind : FYI, expiry this week is on Wednesday due to Id
09:41 Uttam : yes Gov +1
09:42 Gopi : join me not connecting?
09:44 Ankush Jain : OAOR
09:45 Chandrashekhar : B here..small range in A
09:46 Shai : join me fine for all?
09:46 Uttam : yes woeking fine for me
09:46 Sunil : nope
09:46 Chandrashekhar : yes..join me good
09:46 Naresh : yes chief
09:46 Ashwin : join me working
09:46 Sunil : only a blank screen
09:46 Muralidhar Kaja : fine now
09:46 Shai : refresh if screen is blank
09:49 Ranjith : blank scrren after refreshin
09:49 Muralidhar Kaja : @Shai can you Zoom Down Room chatrsa bit
09:49 KK : like friday, NF balance, BNF weakish…
09:49 KK : Bandhan bank NPA higher, any relevance..rural covid spread..?
09:52 Shai : 14979 early selleers in the OF
09:52 Shai : can take it down to 14935
09:52 Jitender : were rural being recorded
09:52 Shai : sl 14979
09:53 KK : 33200 CE 374 to 347..let 33190 break further..VWAP ke around chal raha hai
09:53 KK : rural is all very high..stigma as well..vaccine dont believe in..numbers much higher as noone is getting tested there
09:54 Sanjay : How to minimise join me window popup?
09:54 Jitender : yes KK…
09:54 Shai : second set of sellers
09:55 Jitender : its incredible wats happening tere
09:55 Shai : 14959 trailing – (09:52) Shai : 14979 early selleers in the OF(09:52) Shai : can take it down to 14935(09:52) Shai : sl 14979
09:56 Prashant : KK, even rural kids get vaccinated…there is no healthcare in those areas, plain and simple..
09:56 Ankush Jain : Shai SL for overnight shorts still at 15023 F?
09:56 Shai : 33000 ref BNF
09:59 KK : VWAP magnet till C ?
10:00 Shai : set 3 sellers in NF awaited below 14925 roughly
10:00 Shai : can push it down to 14860 if red enters
10:01 Shai : 14935- 25 to watch on this vol which is low
10:01 KK : C will show 33040 today , if 33360 not crossed, Shai ?
10:02 Milind : Charts Stuck?
10:06 Sanjib : Both NF and BNF are behaving as if waiting for some news
10:10 Indronil : tsl gone ?
10:11 Milind : yes
10:11 KK : tsl of ?
10:11 Shai : hold
10:11 Uttam : BNF in a narrow range of 205 points
10:11 Milind : TSL of 14959 for nF
10:11 Milind : NF
10:11 Uttam : 33370 high as of now as no vols above it
10:12 Surya ganti : missed thqat call chief. can short now?
10:12 Ankush Jain : chrts are too compressed
10:12 Uttam : Friday’s high too plus VWAP of the last but last week
10:14 Indronil : shud we modify ?
10:14 Shai : exit now
10:15 Chandrashekhar : c begins
10:15 KK : bnf transition ?
10:15 Chandrashekhar : BNF has c side re
10:15 K2dt : bnf 3 IBs in a row
10:16 K2dt : but low vols
10:16 KK : fed ka kuch hai kya aaj ?
10:17 Uttam : BNF wants to test the morning 0s and freak high
10:17 Uttam : 33400 finally
10:18 Uttam : vPOC tagged
10:18 Uttam : can it go for the FA of 33599?
10:18 Uttam : vols increasing here
10:18 Sandesh : yes sir
10:18 Uttam : COT also big plus
10:19 MJ : I am watching combined MP chart of last 2 weeks in bnf https://mplite.vtrender.com/?symbol=BANKNIFTY&tf=weekly&tpo=18&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=3.5.4.4.10&rst=0&iam=
10:20 Uttam : 1000 green in BNF
10:20 Uttam : C side is on good vols
10:20 Uttam : but that 30min ref right here
10:20 KK : this is Vishnu BNF day
10:20 Uttam : needs to get above it
10:20 KK : 1000 points
10:21 KK : Ab C should not fail..
10:21 Chandrashekhar : 980 ref in NF not giving gate pass for an extn yet
10:21 Sanjib : BNF at Shai’s morning reference
10:21 MJ : ug A high what you taking?
10:22 MJ : bnf
10:25 Uttam : (10:11) Uttam : BNF in a narrow range of 205 points(10:11) Uttam : 33370 high as of now as no vols above it
10:25 MJ : Gracias sire.
10:26 Chandrashekhar : 980 smorning seller defending here??
10:26 Sujith Prabha : does that mean 1068 buyer stuck?
10:27 Chandrashekhar : NF i am seeing into..ne good greens in NF yet
10:28 KK : BNF , one jump upar to banta haiwith those many greens ?
10:29 MJ : 33420 two pocs have aligned there.
10:29 Surya ganti : almost 3
10:29 MJ : yes in 15 sec confirmation due/
10:30 MJ : 1015 Tbar low imp bnf.
10:33 Uttam : (10:20) Uttam : but that 30min ref right here(10:20) Uttam : needs to get above it
10:33 KK : lets go
10:33 Uttam : 33367 holding is good
10:35 KK : UG, more greens
10:35 KK : So 33700 in D , if C sustains ?
10:36 Prashant : bnf has a poor low though.
10:37 MJ : another 865
10:38 Rajesh G : bnf dpoc shifted
10:38 Rajesh G : ?
10:39 KK : next 6 minutes
10:45 Sanjib : D
10:45 KK : 408
10:47 Shai : OAOR nf
10:47 Shai : unlikely to do much
10:47 Shai : 14935- 15005
10:47 MJ : Sell straddle?
10:47 Sanjib : chart stuck?
10:50 KK : that 408 may get stuck, if we cross 450
10:51 MJ : watching that 15k combo.
10:55 Ranjith : zoom chart visible ???
10:55 Ashwin : join me, and room gone?
10:55 B. G. : Yessir. Sure looks like it.
10:55 Shai : 2 mins
10:56 Shai : doing a reset
11:02 Rajesh G : t
11:03 Govind : reds are slightly overpowering greens around the 14960/970 zone – worth noting that 14970 area was the VAH of the APR series. Nothing to do here for now
11:04 Uttam : 14925 RO point of Mat being defended
11:05 Uttam : May*
11:05 Uttam : was a vpoc also
11:05 Uttam : Friday it got abv 14811 & defended that
11:06 Uttam : spot 14962 PBH needs to be taken put
11:06 Vtrender Live : 5 min bnf charts – https://zoom.us/j/8647755698?pwd=U1FVY2NpUXIzZlVWKzc0azhORlNqQT09
11:06 S M : https://join.me/vtrenderlive# . . . Thi is not working
11:07 Jitender : +1 (11:03) Govind : reds are slightly overpowering greens around the 14960/970 zone – worth noting that 14970 area was the VAH of the APR series. Nothing to do here for now
11:07 MJ : Nice colour update on this url +1 Suyog https://mplite.vtrender.com/opchart/
11:08 Vtrender Live : 5 min NF charts – https://global.gotomeeting.com/join/449119413
11:10 Uttam : anyone for a DD?
11:12 Amit : DD up you mean or down?
11:14 Govind : only if they are separated by a 100 point singles zone πŸ™‚
11:14 Govind : UG
11:15 Uttam : this needs to be taken out – (11:06) Uttam : spot 14962 PBH needs to be taken put
11:15 Govind : 54 point IB and OAIR, wonder what the post noon period is planning on doing
11:16 Govind : range is also shrinking slowly
11:17 Uttam : spot buying tail from 14904 which was the VPOC in it so based on A period singles & gap open PLR up but need a good RE
11:17 Uttam : G period when?
11:17 Govind : From May 3rd, along with volumes…11:16 Govind : range is also shrinking slowly
11:19 Sandip : Uttam, the COT mentioned here is cumilative? Or for the 5 min charts?
11:20 Uttam : 5 min S
11:20 Uttam : BN spot 33306 needs to be taken out
11:20 Uttam : abv it FA of 33455 & weekly vpoc of 33660
11:22 Govind : squeeze here Shai/Jit?
11:23 Sandip : Pink Dot in NF
11:23 Jitender : 33500 ce…has good OI gov…abv 450 ..it will attempt to clean them
11:23 Jitender : 450 Bnf zone
11:24 Jitender : 33800 probab in that scenario
11:24 Govind : ok gotcha, plenty of positions on both sides and 3-1-3 on Friday and balance this morning too
11:24 Jitender : but m waitn for it to unfold…
11:24 Govind : +1
11:24 Jitender : yh and 15k-15030 is anyways a resis zone
11:25 Ashwin : UG what does blue 317 buyer signify in NF?
11:25 Jitender : MJ has plantes 12421 in nf
11:26 Jitender : planted
11:26 Jitender : 1242
11:26 Shai : Buy 15000 PE at 123 sl of 111 tgt 160
11:27 Shai : firdt big player of the day at 14994
11:27 MJ : πŸ™‚
11:27 Shai : 14971/ 14952 imm tgts sl of 15005
11:30 Uttam : spot did not make new highs in that swpie higher
11:34 B. G. : Appreciate the shift back to ‘gotomeeting’. Dang ‘join.me’ never worked too well for me.
11:35 Muralidhar Kaja : +100 (11:34) B. G. : Appreciate the shift back to ‘gotomeeting’. Dang ‘join.me’ never worked too well for me.
11:35 MJ : NF doing tug of war at those 0’s of last Tbar.
11:35 MJ : Baba you there?
11:38 Sunil : UG , how does small volume hold price when such LLT entered the opp side ?
11:39 Siddharth : how are we intepreting the 1242 LLT in nifty ?
11:39 Shai : exit the PE ar 121 cm,p- (11:26) Shai : Buy 15000 PE at 123 sl of 111 tgt 160
11:41 Prashant : now, any shorts only below vwap??
11:41 Uttam : that 1242 is no doubt a big red Sunil but it could also be a mix of order plus profit booking of longs too
11:41 Uttam : we are getting accepted there which means mostly old business
11:42 Shai : looks more of a cover order
11:42 Shai : hence out
11:42 Uttam : +1
11:42 Sunil : got it .. thnx πŸ™‚
11:43 Shai : vwap won’t matter today- (11:41) Prashant : now, any shorts only below vwap??
11:43 Shai : shorts here have a SL strict at 15025
11:43 Shai : because it is a highe open, conservative will add shorts below 14935
11:46 Jitender : bingo…(11:24) Jitender : but m waitn for it to unfold…
11:46 Jitender : bnf sumtimes awards waitn also πŸ™‚
11:47 Shai : +1
11:47 MJ : Yes jit πŸ™‚ wating for an hour almost. since 875 entry.
11:47 Jitender : if 280 goes n sustains….fun can start MJ..just position accordingly
11:47 MJ : 865*
11:47 MJ : yes Jit.
11:48 MJ : (10:29) MJ : 33420 two pocs have aligned there.(10:37) MJ : another 865 Half out here on 542 arrival.
11:48 Jitender : +1
11:48 MJ : Sure jit. will watch.
11:48 MJ : thanks.
11:50 MJ : Pharma’s day out looks like.
11:51 KK : all those greens of C would need to get out below 280, Jit ?
11:53 Jitender : ys ..285-310 was morn sell zone in B
11:53 KK : tx
11:54 Uttam : BNF dPOC shifted to 33415 whihc means mornign longs booked out
11:54 Uttam : now that 542 red below vwap could get hurt
11:56 MJ : 14977.xx low of last Tbar. The IS couldn’t take it out(11:35) MJ : NF doing tug of war at those 0’s of last Tbar..
11:56 MJ : low vol IS
11:56 KK : he will survive, if 280 goes
12:09 Shai : Short NF 14986 sl op 15007 tgt 14937
12:09 Shai : we stay with this one for G
12:12 MJ : 206 + 542 right at your ref Jit.
12:12 KK : not going through
12:15 MJ : G is here.
12:15 MJ : Tsled bnf 50% out.
12:17 Rahul : needs reds
12:18 Anand : charts stuck
12:19 Uttam : charts are fine
12:19 MJ : 30 min upper lower nf now in 30 pt range.
12:24 Mayur P : BNF below 33280 should get weak?
12:25 Sandip : 4 day expiry week, things shift by an extra one hour to compensate for the holiday
12:26 Vishnu : shai 14560 still u expect if 15023 held
12:26 Vishnu : ?
12:26 MJ : @Sandip you mean 1 hour of extra grind everyday?
12:26 Sandip : Yes MJ
12:26 MJ : you mentioned this on thu too.
12:27 MJ : Okay esp in truncated weeks?
12:27 Sandip : Yes
12:27 MJ : thanks.
12:29 Shai : exit at cost 14986- (12:09) Shai : Short NF 14986 sl op 15007 tgt 14937
12:29 Shai : we wait for better vol
12:29 Shai : 300 contracts avg still
12:29 MJ : Sub 300 vols.
12:29 MJ : yeah.
12:29 KK : looks like they have sold PEs in BNF, and dont want to cover.
12:30 MJ : 33300 pe i am watching KK.
12:30 MJ : turned from vwap.
12:32 Neeraj : shai 14560 still u expect if 15023 held ?
12:33 Ravi : Shai..do you have to approve join me entry? i moved away for a while and when i want to be back…it says waiting for vtrender
12:33 Uttam : there is no joineme now Ravi we are back to GoTo & zoom
12:34 Uttam : links there in tab A
12:34 Ravi : thanks Uttam
12:34 Uttam : +1
12:34 Govind : NF zipping between 14980 to 995 for almost an hour, needs to break this
12:40 Chandrashekhar : G made new highs
12:40 MJ : πŸ™‚
12:42 Uttam : 14962 spot aaya kya
12:42 Sandip : this should go higher now
12:42 Milind : 14954 spot, Uttam
12:42 Uttam : 957 new highs M
12:42 Uttam : 962 ko nakalo
12:43 KK : UG itni jidd kar rahe hain to
12:43 Uttam : lets have the DD guys
12:43 Uttam : right time for it
12:45 Uttam : (11:10) Uttam : anyone for a DD?(11:17) Uttam : spot buying tail from 14904 which was the VPOC in it so based on A period singles & gap open PLR up but need a good RE
12:45 Uttam : BNF not in sync though
12:46 Govind : 15005 is providing steady supply here
12:46 Uttam : yep ovalpping POC on 5mins
12:46 Uttam : 14959.95 new high of spor
12:46 Uttam : spot*
12:47 MJ : bnf non mover
12:47 Vishnu : it will mj seems 34400 on the wayyy
12:48 Uttam : (11:06) Uttam : spot 14962 PBH needs to be taken put
12:50 Sandip : NF being limited in this zone14990-15010
12:51 KK : bnf not leaving old habit
12:52 Sunil : now a poor high in NF
12:54 Chandrashekhar : no poor high in NF right?
12:54 Chandrashekhar : H is lower than G
12:55 Shai : Battle royale at 15000 F
12:56 Surya ganti : 1523 reds in bn?
12:56 Surya ganti : lol must be 152
12:56 Arjun : 152*
12:56 KK : really ?
12:56 Ankush Jain : anothe balanced day we are heading for?
12:56 Chandrashekhar : 152 it is??
12:56 Amit : sellers still in the game for val touch
12:56 MJ : πŸ™‚ Nf closed above 15k on 12th march last Shai πŸ™‚ 2 month worth of effort at stake πŸ™‚
12:56 Shai : No new positions
12:56 Shai : Let tghis resolve
12:56 MJ : Let them fight it out.
12:56 Govind : may the force be with them
12:56 Govind : 12:55 Shai : Battle royale at 15000 F
12:57 KK : Ab BNF ka downward ho gaya..
12:57 MJ : bnf has brain of her own.
12:57 Shai : imp zone for the NF writers this
12:58 Shai : will open up 15500 if they allow a pass here
12:58 Shai : hence
12:58 KK : now it should again rotate to support NF
12:58 Uttam : new ATH πŸ™‚
12:59 Sandip : Bought low pes
12:59 Sandip : options not supporting upmove
13:00 Shai : cons short has to break 14970/ 14935 still
13:00 KK : UG, 962
13:00 Sandip : Yes true
13:00 Uttam : nikalo
13:00 Uttam : 14962 thodo
13:01 KK : todha
13:01 MJ : Jai mata di!
13:01 MJ : bnf come on now!
13:01 MJ : timepass nako.
13:01 KK : no pint looking at bnf now
13:02 KK : 15046 to banta hai..UG ?
13:03 Uttam : above 14962 next ref is that pos ref of 15052 in spot
13:03 Neeraj : since spot doesnt have volumes what exactly are you reading uttam?
13:03 Neeraj : there wouldnt be an order flow for that right?
13:04 Uttam : MP levels
13:04 Uttam : 15052 was a weekly FA
13:04 Neeraj : ok
13:04 Sandesh : @shai, check dm pls
13:05 KK : 15K PE stopped falling
13:05 Ankush Jain : 15000 not getting a pass
13:06 KK : yup
13:06 Shai : 82 ref level for 15000 ce shorts
13:06 Ankush Jain : 82 can be SL?
13:06 Shai : some one is reselleing at 75 that 15000 ce
13:07 Shai : 82 sl
13:07 Sandip : One Pink dot arnd 14990…..second jump up has -421 COT….third jump up has -301 COT……..and during the entire phase options have been grinding and pointing slightly down
13:07 Sandip : Unless 15020-30 Dosent break convincingly..well prolly just grind or head down slowly
13:08 Shai : yes no longs here
13:11 Sadees : chief, 143 SL for 14900 ce would be good?
13:12 Chandrashekhar : liquidation??
13:12 Shai : 52 tgt- (13:06) Shai : some one is reselleing at 75 that 15000 ce
13:12 Shai : he will add below 50
13:13 Rajan Modi : haha – u read vols and mind also?
13:13 Shai : Algo trades they are
13:14 Ankush Jain : holding the overnight 15000 ce
13:14 Shai : It’s easy to see what they can do next
13:14 Rajan Modi : _/\_
13:14 Shai : Short NF below 14973 sl fo 15007 tgt 14935/ 14900
13:15 Shai : we wait for this hevy zone to clear
13:15 MJ : DD plan cancel na?
13:15 Surya ganti : In the NF
13:15 MJ : or neeche ki side karde? πŸ˜›
13:15 Sandip : Nice
13:16 Surya ganti : just need a DD, which side does it matter πŸ˜€
13:16 Ankush Jain : in
13:16 Indronil : in
13:16 Sadees : 731 below DPOC in bnf
13:16 Ashwin : reverse of friday so far
13:16 Shai : All late longs whacked – (13:08) Shai : yes no longs here
13:16 Sandip : +1
13:16 Ankush Jain : +1
13:17 Ankush Jain : 15023 intact
13:17 Surya ganti : +1 ankush
13:17 Chandrashekhar : 731 reds @ lows in BNF….
13:17 Mayur P : Yes those 731 are late?
13:17 MJ : yes late guy.
13:17 Sandesh : @shai 33230.. out πŸ™‚
13:18 MJ : @Sandesh! super bhai.
13:18 Indronil : to many random moves today, no gud trades yet in the entire day. but atleast no big losses
13:18 Surya ganti : same I
13:18 Sandip : +1 Sandesh
13:19 MJ : Cheers Sandip. On those pes.
13:19 Sandesh : _/\_
13:19 Sandip : Im still holding them from 110..Looking at Shais tgt of 14935
13:20 Shai : 15000 pe becomes a buy abv 136 can do 172 sl of 114
13:20 MJ : H period highs couldn’t cross the C period congestion zone. (10:29) MJ : 33420 two pocs have aligned there.
13:20 Shai : +1- (13:19) Sandip : Im still holding them from 110..Looking at Shais tgt of 14935
13:21 MJ : Now watching this (11:53) Jitender : ys ..285-310 was morn sell zone in B
13:22 MJ : Chief if writers want max juice extracted on truncated week, Bell profile is the ideal for them right?
13:30 Indronil : looks like bnf is in the driving seat
13:30 Shai : yes but we have a transition now
13:30 Shai : red transition lines dictate now
13:31 Sandip : Shai , you mean the horizontal red lines?
13:31 Shai : yes
13:31 Sandip : Thanks
13:33 Sandip : Another 30 mins grind?
13:34 Sandip : or 45 πŸ˜€
13:37 Indronil : spot not crossing 14962 can invite selling pressure ? \
13:38 K2dt : MJ DOP ka kya krna hai bnf?
13:39 MJ : πŸ™‚
13:40 Sadees : 199 got stuck in both nf and bnf?
13:40 Chandrashekhar : bnf wala 199 is safe,,he is a seller right?
13:41 MJ : That 970 is my zone to watch @kush in bnf.
13:41 MJ : 970 reds
13:41 Sadees : yup C.. that’s right..
13:42 K2dt : yes that was a sub-optimal bar..closing above POC ..also vpoc there…
13:42 MJ : Legit fight on as @Chief mentioned.
13:42 MJ : esp nf
13:43 K2dt : yupp..now back abv ibh
13:43 MJ : I am sitting with cold brew and popcorn.
13:43 MJ : Done for the day.
13:43 K2dt : +1
13:43 Milind : Do we see only locals fighting as vol are totally absent?
13:44 Bhishma : may be till K Locals
13:44 Shai : yes vol increased but gone down again
13:44 Vishnu : DD today?
13:45 KK : NF keeps trapping longs on each rise, bnf gives good 30 to 40 points on each fall on OTM CEs
13:45 Sandip : KK you mean for ce writing?
13:45 Indronil : here we wanted 30 points in our favour instead its about to kiss our sl.
13:45 KK : yup
13:50 Bhishma : DD matlab?
13:50 Amit : double distribution – is it only on short side?
13:50 Chandrashekhar : double distribution
13:50 KK : NF wants to break the lowest volume record of previous 4 days..
13:51 Surya ganti : lol
13:51 MJ : +1 sanjib (10:06) Sanjib : Both NF and BNF are behaving as if waiting for some news
13:52 Indronil : can we add some more shorts here keeping sl of 25007 ? or wait till 15k ce crosses 136 ?
13:52 Indronil : 15007*
13:52 Indronil : pe*
13:53 Uttam : vols needs to increase Indronil
13:53 Uttam : as low vols can give a swipe any direction
13:53 Uttam : that transistion bar being negated
13:53 Indronil : that i have noticed today
13:53 Chandrashekhar : 980 a HVN Uttam?
13:53 Uttam : so no fresh shorts
13:53 Indronil : ok
13:54 KK : is it that no demand here..FII saying bring your monkeys down for us to come in
13:54 Rajan Modi : never short dull markets
13:55 Uttam : yes C expiry day HVN it was I think
13:55 Surya ganti : 14995 3 POCs fight
13:55 Sadees : 4 POCs at 33300.. two more just above and below..
13:58 Chandrashekhar : 30 min upper ref here for NF
13:59 Chandrashekhar : BNF as well…
13:59 KK : bnf flag diya kya
13:59 Uttam : new hihg post 2:15 in both?
14:00 Gopi : possible ug
14:02 Sadees : 370 flag for BNF?
14:05 Mayur P : @Shai cover shorts here? or wait for J?
14:05 MJ : We are in J no?
14:05 MJ : You mean cover in K?
14:06 Mayur P : Sorry blurry I looked like J πŸ™‚
14:06 Mayur P : I meant cover in K. volumes are dismal.
14:07 Shai : cover abv 15007
14:07 Mayur P : OK. SC can start if 15025 crossed?
14:10 Shai : possible
14:10 Shai : low volume market
14:10 KK : such low volume, most of the extensions are failing, unless some greens
14:11 Shai : 50L vol not done
14:11 Shai : value and volume mismatch
14:11 K2dt : yes not even 1/2 vol done if we consider avg
14:11 KK : we should boycott
14:11 Ankush Jain : yes Shai
14:11 K2dt : lool
14:11 Ankush Jain : Vols are too low
14:11 KK : chala lo khud hi
14:11 Uttam : Baba was saying bandh karo market πŸ˜‰
14:11 Mayur P : lol
14:11 Sandesh : toh fir both FII and DII Covid +
14:11 Shai : lol
14:12 Sunil : i wonder what happens when No Margin rule kicks in
14:12 Uttam : Baba please activate one of your FII cells and get some vols into the close πŸ˜‰
14:12 MJ : (10:47) Shai : OAOR nf(10:47) Shai : unlikely to do much(10:47) Shai : 14935- 15005(10:47) MJ : Sell straddle?
14:12 MJ : Chief told us way back (hint was to save emotional capital)
14:13 KK : low vlumes mein 500 point , they brought
14:15 Chandrashekhar : K here
14:15 Sandip : BnF Weaker than NF
14:16 Rahul : pm on tv in one mins
14:16 KK : J was 2 lac, K should try 1 lac πŸ™‚
14:17 MJ : KK aisa mat bhai
14:17 MJ : 2k TBar incoing.
14:17 KK : modi ji aaye
14:17 MJ : incomming.
14:17 Shai : NF stopped
14:17 Shai : exit
14:18 MJ : 931 guy exited in two half? 370 + 600?
14:18 Rahul : chalu lolk
14:18 Uttam : (13:59) Uttam : new hihg post 2:15 in both?
14:18 KK : flag in bnf
14:18 Ashwin : any relevance to blue font in NF? 113
14:18 Uttam : NF done
14:18 MJ : Where Ash?
14:18 Rajan Modi : and high is 15023
14:19 MJ : +1 rajan, never short a dull…
14:19 Ashwin : i swear it was just there MJ (facepalm)
14:19 Sandip : Are charts stuck?
14:19 MJ : Maybe it got coloured by poc blue.
14:20 Neeraj : today nifty is making a normal day?
14:21 Ashwin : makes sense MJ. will check in the screenshots this evening. there was one earlier as well
14:21 Uttam : 15023 tag done in NF
14:21 Uttam : 1.5 IB also
14:25 KK : now it has to go below 990 ?
14:27 Surya ganti : gone bellow 990
14:28 MJ : Kush sellers below bnf dop.
14:29 Chandrashekhar : 960-950 zone has been providing support….need more vol to break below
14:29 MJ : unko aap sambhalo.
14:29 KK : 33200 CE 350 to 306 holding.
14:29 KK : BNF flag was prominent
14:30 Sandip : KK which bnf flag?
14:30 KK : 686
14:31 Sandip : Time?
14:31 Mayur P : 14.15
14:31 MJ : 324 red @KK
14:31 KK : I meant the green on top
14:32 MJ : @Sandip upside down guys have got new term aka Flag.
14:32 Sandesh : @ug33500 next week CE in @ 480
14:32 Sandip : Oh ok just saw in the goto link..Thanks
14:34 KK : there was a comment about PM address in the room, or I read it wrongly ?
14:34 Mayur P : Another extension failure in NF. Can we get that 14935 now?
14:34 Sandesh : is he giving any package? @shai?
14:35 KK : probably will wait for that 15K PE to cross 126
14:35 Mayur P : liquidation can start below vwap?
14:35 Mayur P : +1 (14:35) KK : probably will wait for that 15K PE to cross 126
14:36 Ashwin : @MJ 43 buyer at 14992 at 14:25. and also 40 buyer at 14995 at 14:10
14:37 K2dt : someone wake up 2 elephants…ril and hdfcb
14:38 MJ : @ash you talking about printed in blue?
14:38 Ashwin : yes MJ
14:39 Govind : NF 50 should be trimmed down to NF 25 or something…too much dead weight
14:39 Ashwin : was just wondering if there’s any significance like the pinks and the greens
14:39 Uttam : they are triming the lot size from 75 to 50 Gov if that helps πŸ˜‰
14:40 Govind : they highlight imbalances. 14:39 Ashwin : was just wondering if there’s any significance like the pinks and the greens
14:40 MJ : Check with UG @Ash.
14:40 MJ : Though the ones in green and pink are the ones we must really look out for.
14:40 Ashwin : blue Govind?
14:40 MJ : 40 lot in blue @Gov?
14:40 Govind : Ok UG, saw that a while ago…14:39 Uttam : they are triming the lot size from 75 to 50 Gov if that helps πŸ˜‰
14:41 Govind : where MJ?
14:41 Govind : price?
14:41 MJ : 40 lots 1410 candle
14:41 Sandip : When is this Trimm expected Uttam?
14:41 MJ : Gov (14:36) Ashwin : @MJ 43 buyer at 14992 at 14:25. and also 40 buyer at 14995 at 14:10
14:42 Sanjib : July contract onwards (14:41) Sandip : When is this Trimm expected Uttam?
14:42 Arjun : what is trimm ?
14:42 Uttam : yes July weekly options will be 75 only and the monthly one would be 50
14:42 Govind : Don’t know MJ, but what do we care about 40 lots anyway πŸ™‚
14:43 Arjun : ok got it.
14:43 MJ : Ash’s comment, why is it in blue πŸ™‚
14:43 MJ : he’s trying to find it.
14:43 Arjun : trimming of lot size *
14:43 Govind : no idea, only Shai would know
14:43 Govind : I think it highlights the other side of the IMB, if I am not mistaken
14:43 MJ : @ash, watchout for imbalances other nos really don’t matter. Nor do I look for them.
14:44 Govind : 155 vs 40 and also a87 vs 44
14:44 Govind : 187*
14:44 MJ : 51 vs 45 too happened current bar.
14:44 Ashwin : yeah MJ, i’m relying heavily on the pinks and greens and their location these days. almost exclusively! πŸ™‚
14:46 Govind : real crappy PA today and one more day of lower volumes. Going home barely in the green but that is ok. 11:17 Govind : From May 3rd, along with volumes…11:16 Govind : range is also shrinking slowly
14:46 Sanjib : Don’t remember any similar dull trading day before (except 1st Jan)
14:47 Sandip : I remember these kind of days all through April. Only thing is they were grinding options with 50-60 points up/down moves
14:47 Sandip : Today is the slow grind
14:48 MJ : just 25 in 15k combo post c
14:48 Uttam : blue color means small size with respect to the respective buyer or seller
14:48 Shai : It’s a swing zone hence
14:48 Govind : April daily range was much larger. so gave ample opps to take at least 1 to 1.5R trades
14:48 Shai : unfortunately OTF stayed out and waited to see what locals did here
14:48 Uttam : you would see when you have a geeen or pink against that we get the blue in opposite side
14:48 Sandip : Yes Govind true that
14:49 Shai : OTF presence here would have meant easy trades
14:49 Ankush Jain : SHAI CARRY SHORT CALLS?
14:49 Shai : no
14:49 Shai : stay out of new
14:49 Sandesh : +1
14:49 Shai : only old mamange at 15023
14:49 Ankush Jain : old carry from Friday
14:50 Ashwin : thanks UG. so 45:211
14:50 MJ : chief 15k close here? combo?
14:50 Shai : 15025 sl into tom
14:50 MJ : shreds 25
14:50 Sanjib : Yes I have 14800 PE Monthly at 251 (CMP 172)
14:50 MJ : take it home?
14:50 Shai : low volume profile in NF
14:50 Sanjib : from Friday…let’s see if it can turn into green this week
14:50 Ankush Jain : small range day with a gaussian bell
14:51 Shai : best to wait for a move out and take fresh exposure
14:51 MJ : okay bossman.
14:51 KK : 306
14:53 Sandip : Lets see what happens at MIS cutoff timings…3-3.20
14:53 Chandrashekhar : seeing some 3000 lot buy order sitting @ 970 for NF since a long….in Kite
14:53 Chandrashekhar : anyone esle see the same??
14:53 Chandrashekhar : qty*
14:54 Rahul : 3600
14:54 Chandrashekhar : yes
14:54 Ashwin : yes C, 3600 now
14:54 Sandip : Some profit booking pending in NF
14:54 Chandrashekhar : unless thats executed..has no significance for us..but just an observation
14:55 KK : NF needs to go back up, if they want to erode those PEs
14:56 Bhishma : can erode naturally tomorrow open too KK : NF needs to go back up, if they want to erode those PEs
14:56 Bhishma : DTE will be 1 tomorrow
14:58 Shai : +1- (14:54) Chandrashekhar : unless thats executed..has no significance for us..but just an observation
14:58 Shai : THis- (14:53) Chandrashekhar : seeing some 3000 lot buy order sitting @ 970 for NF since a long….in Kite
14:59 Surya ganti : 1050 AT 971
14:59 Shai : when the money goes in with the order, the heart beats differently and the universe changes , else it is juts an opinion
14:59 Uttam : nice balance in both with higher Value and after a good upmove so bright chances of an island reversal tom
14:59 Shai : go always with traded volumes as they are the ones who shake it up
14:59 Sandip : +1 Shai
14:59 MJ : Shai there are those bid ask algos too
15:00 MJ : else how will kamat and other data providers sell 20 depth data bla bla?
15:00 Shai : PE’s moving
15:00 Uttam : giving a NEuX Shai πŸ˜‰
15:00 MJ : 15001 close chaiye UG.
15:00 Tejpreet : Tks Uttam you mentioned it first πŸ™‚
15:00 Shai : no volume to maove it
15:00 Uttam : again Tej πŸ˜‰
15:00 Shai : we take a fresh view tom
15:01 Uttam : yes no vols
15:01 Chandrashekhar : Vwap bounce in this candle
15:01 Uttam : tom should give a clear indication for rest of the week
15:01 Chandrashekhar : +1
15:03 Uttam : 3 more mins to know if we get a NeuX or not πŸ˜‰
15:03 Sandip : A similar scenario has happenned near April 6,7,8,9,12
15:03 Indronil : something is up ?
15:03 Uttam : probable weekly FA also in place in NF with a narrow range
15:04 Sandip : Near 15k levels…then crack down
15:05 Chandrashekhar : no 3:05 move as well:(
15:05 Indronil : this time it looks to stay and break 15k. or else y 15 k pe writting is happening before price has reached der
15:06 Uttam : prominent POC at 14980 in NF
15:06 Uttam : 33300 in BNF
15:06 Uttam : lets have a good open tom
15:13 Sandip : green dot in nf?
15:14 Tejpreet : All IS booking out
15:14 Uttam : 1159 green
15:14 Surya ganti : looks like RB
15:14 Sandip : that pink guy out looks like?
15:14 Uttam : yes khaya peeya sab kuch aur book bhi kar diye
15:14 Surya ganti : had a morning NF seller, cud be him?
15:14 Gopi : ug planning gap ?
15:14 Govind : 14985 keeps absorbing offers
15:14 Uttam : no gap will be good Gopi
15:15 Uttam : move away from this balance on initiative vols needed
15:15 Sandip : lol Uttam
15:15 Chandrashekhar : +1..OD..(15:14) Uttam : no gap will be good Gopi
15:15 Govind : I’ve almost forgotten what an OD feels like
15:15 Uttam : and then an ideal Trend Day πŸ˜‰
15:16 Sanjib : πŸ™‚ (15:15) Govind : I’ve almost forgotten what an OD feels like
15:16 Uttam : good closein the PEs though
15:16 Uttam : that 15kce seller could get his exit of 52
15:16 Surya ganti : late action
15:17 Chandrashekhar : eager to see if we get 970 now….to heck the order sitting
15:17 Chandrashekhar : check*
15:17 Uttam : open below 14939 will conrirm weekly FA
15:18 Sandip : Out at 125
15:18 Uttam : +1 Sandip
15:18 Sandip : 15 points …what a supremely boring day lol
15:18 Uttam : 15 is good for today
15:19 Sandip : I will be depressed though if we open lower tomorrow by 70-80 points
15:19 Sandip : Because then they waill bait a little lower and grind again full day πŸ˜€
15:19 Uttam : lol but not worth to carry the PEs unless you have made that much profit and booked 50%
15:19 Sandip : True
15:19 Sandip : Not worth it
15:20 Sanjib : agonizing day coming to an end …phew
15:20 Uttam : 3rd day of a narrow range with higher Value
15:20 KK : bnf getting angry
15:20 Neeraj : so a trend day in the offing?
15:20 KK : close at vwap
15:21 Sanjib : 15000 is a BRN
15:21 Sanjib : will need some effort to cross and sustain
15:21 Chandrashekhar : BRN is big round Number??
15:21 Sanjib : Yes
15:21 Surya ganti : yes C
15:21 Chandrashekhar : thanks
15:25 Sandip : FII?PRo positions also dont look too confident after a weird April month
15:27 MJ : bnf be like usko touch kon kina rey….
15:27 MJ : (insert kabir singh music)
15:28 Surya ganti : vwap bachaao yojana in both
15:29 Shai : tc everyone
15:29 Sandip : TC guys , seeya tomorrow
15:29 Shai : have a good evening
15:29 Surya ganti : bye
15:29 Uttam : thanks All πŸ™‚ have a lovely eveniing