Order Flow charts dated 10th Oct

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.

30 Min Bnf Bid 7 Order Flow Charts Dated 10Th Oct 30 Min Fp Nf 7 Order Flow Charts Dated 10Th Oct

08:50   Vtrender Live : (08:48) Vtrender Live: option charts – https://join.me/584-765-046
(08:49) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/950937237

09:32   Shai : (09:32) Shai : Intra – Buy Banknifty abv 24672 sl of 24580 tgt 24840. Buy abv

09:38   Shai : (09:38) Shai : BNF at 24720 . part book here and ride some at cost 24675

09:56   Shai : (09:56) Shai : Book fully the BNF at 24755.

10:04   Shai : (10:04) Shai : INtra – Buy 10300 pe at 114 sl of 101 tgt 165

10:11   Shai : (10:11) Shai : exit the 10300 pe at 118 here

10:27   Shai : (10:27) Shai : Intra – Short BankNifty 24830 sl of 24910 tgt 24700/ 24640

10:35   Shai : (10:34) Shai : BNF stopped. Make an exit

11:34   Shai : (11:33) Shai : Intra – Buy BankNifty 25155 sl of 25040 tgt 25344

11:43   Shai : (11:43) Shai : Make exits in the BankNifty longs 25125- 25135

12:02   Shai : (12:01) Shai : Intra – Buy 10300 pe at 105- 106 sl of 81 tgt 155

13:23   Shai : (13:23) Shai : Clsoe the 10300 pe at 94-95.

13:28   Shai : (13:28) Shai : Buy 25300 ce at 78 sl of 52 tgt 115.

14:13   Shai : (14:13) Shai : Book the 25300 ce fully at 95

14:41   Shai : (14:41) Shai : Intra – Buy BankNifty 25320 sl of 25200 tgt 25470

15:15   Shai : (15:14) Shai : Positional update : add 50%25 to the 10200 PE at 66 here. Maintain a new TSL of 56 for the full position

15:17   Shai : (15:17) Shai : Book out the BNF longs at 25330

 

 

08:48   Vtrender Live : option charts – https://join.me/584-765-046
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09:01   Shai : GM all
09:01   Ashish : GM all
09:05   Kathir : GM shai all
09:05   Uttam : Good Morning All 🙂
09:07   Kathir : Looks like uttam standing with extra weapons today 🙂
09:07   Upendra : Gm Shai and all
09:08   Shai : 08:50 Vtrender L: (08:48) Vtrender Live: option charts – https://join.me/584-765-046(08:49) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/950937237
09:09   Shai : 2 FA’s decide the cousre of the series now
09:09   Shai : watch this balance closely
09:09   Shai : should break by FRi is my view and lower
09:09   Shai : https://vtrender.com/market-profile-analysis-dated-09th-oct/
09:10   Shai : neutral day environ yesterday. Odds higher for first half to be 10290- 11360 mkt
09:11   TP : GM All.
09:12   Himanshu : gm all
09:14   Shai : usdinr trend dday vwap at 74.36 imm supp.headed to 74.77-83
09:16   Favi null : good morning all
09:20   Shai : 24660 got sellers
09:20   Shai : interestting
09:20   Uttam : 10350 also in NF Shai?
09:21   Gaurav : 95k seller
09:22   Himanshu : 1 lakh again
09:22   Shai : NO that one is Stops
09:23   Uttam : yep looked like, green band right below
09:23   Uttam : all shorts being firced to exit
09:23   Himanshu : ohh ok
09:23   Uttam : 80% done in opening 10mins #bell magic
09:24   Sumit : New seller In BNF or Not ?
09:26   Shai : BNF has a seller
09:26   Shai : NF also got a new seller. But that 1L is SL triggers
09:26   Uttam : another OAIR in value in both
09:27   Uttam : 24685 is that promiment POC in BNF from last 2days
09:29   Praneeth : Gm All
09:29   Praneeth : 24.4 PE low =6
09:31   Uttam : stuck seller in NF at vwap
09:31   Uttam : and a stuck pink band at 10350 just below vwap
09:32   Shai : Intra – Buy Banknifty abv 24672 sl of 24580 tgt 24840. Buy abv
09:35   Shai : BNF in
09:35   Shai : would up in that balance – wants to go higher ‘
09:38   Shai : BNF at 24720 . part book here and ride some at cost 24675
09:46   Shai : greens continuing
09:46   Shai : would want to test yesterday’s sell pricing
09:48   Uttam : slow drive it is looking like now with both leaving singles at yesterday’s POC
09:49   Uttam : 13k green in BNF at top
09:49   Uttam : initiative or will get stuck?
09:49   Uttam : that 24750 level again
09:53   Shai : late buyer at vah
09:54   HK : @mihir u there?
09:54   Boppanna : Shai can we have 25000ce on options screen pls?
09:56   Shai : Book fully the BNF at 24755.
09:59   Shai : test is here – (09:46) Shai : would want to test yesterday’s sell pricing
09:59   Uttam : 47k red in BNF again at 24840
10:00   Uttam : tags the vpoc of 24867
10:00   Sumit : 47 k newv seller ? .
10:00   Sumit : or stop ?
10:00   Uttam : A period singles today plus OTF up
10:00   HK : wont stop will 25 k, and 578, mentioned ydy
10:00   HK : *till
10:01   HK : yday algo seller was perfect decoy and it was obvious
10:01   Shai : sellers are here
10:01   Uttam : (09:49) Uttam : that 24750 level again…BNF looks to be leaving an ext handle there today
10:01   Uttam : big sellers in BNF here
10:03   HK : if I remember 10437 was a extn handle in May
10:03   HK : #trivia
10:04   Shai : INtra – Buy 10300 pe at 114 sl of 101 tgt 165
10:05   Shai : This selling should take it to 10370
10:05   Shai : 10370 became a pivot for day. If not held by morning buyers we would be at uday lows
10:11   Uttam : vols coming here at 10400
10:11   Shai : exit the 10300 pe at 118 here
10:11   Uttam : 1.2L green versus 1L red
10:12   Shai : let him break vwap- we will get into a intra short again
10:12   Shai : aggressives can hold same sl of 101
10:13   Uttam : 10385 morning singles so if that goes can get weak NF
10:14   Shai : yes 10387 was the lows from that sell
10:14   Shai : also vwap
10:15   Shai : BNF is a an aggressive short for 24735 sl of 24886
10:16   HK : @shai, for OD 33l in NF in 1 hr good?
10:16   Uttam : yep good vols
10:17   Uttam : plus A period singles so looking good for longs here HK
10:17   Uttam : moving away from balance to the upside
10:17   HK : Boss said need 15l in 15 mins if I remember
10:17   Uttam : 446 to watch next
10:18   Himanshu : we have OD for sure?
10:18   Uttam : BNF showing that ext handle now at 24750
10:18   HK : BNf is the guy to watch for 25150
10:18   Shai : NBFC all up led by muthhot
10:19   Uttam : 25035 above 24940 in BNF if 24750 holds for the day
10:19   Shai : shorts are all aggressive here till vwap goes
10:19   Uttam : NF ext handle at 103998
10:19   Praneeth : bnf CEs are making new highs
10:24   Pradeep : Shai, Are buyers defending much before vwap levels? Not allowing prices to move down?
10:24   TP : uttam that 398 is single print as still in ib , just wondering.
10:24   Shai : on screen – (09:54) Boppanna : Shai can we have 25000ce on options screen pls?
10:24   Boppanna : thx
10:25   Shai : yes there are some greens at the open and some near 370- (10:24) Pradeep : Shai, Are buyers defending much before vwap levels? Not allowing prices to move down?
10:25   Uttam : Tej that is A period high so actually 10396.8
10:25   Shai : refer to this chart – https://global.gotomeeting.com/join/950937237
10:25   Uttam : B once crossing that did not come back down so showing as a ext handle
10:26   TP : got it ,tks.
10:27   Shai : Intra – Short BankNifty 24830 sl of 24910 tgt 24700/ 24640
10:29   Uttam : (10:11) Uttam : vols coming here at 10400…buyers still defending here
10:29   Uttam : that ext handle of 10398 standing out
10:33   Uttam : BNF poor highs so far so can set that right
10:33   Uttam : C period ext coming?
10:34   Uttam : boom
10:34   Uttam : 33k green at top looks to be a SL order
10:34   Shai : BNF stopped. Make an exit
10:35   Uttam : (10:19) Uttam : 25035 above 24940 in BNF if 24750 holds for the day…24940 here
10:35   Boppanna : +1 Uttam
10:37   Shai : 25027 is RBI day seller
10:37   Shai : this is being driven through cash
10:37   Uttam : NF 446 also here
10:38   Uttam : 10444.45 high
10:38   Uttam : but this is all supply zone
10:38   Uttam : if sustain 2atr of that FA can come
10:39   Kunal : Shai – with a large seller like that in a past supply zone, is it not a good sign to be looking for shorts? noob question
10:39   Uttam : sellers are under pressure here Kunal & supply is getting absorbed I feel
10:40   Shai : look for selling but they have to break vwap also
10:40   Praneeth : above what level these sellers can puke shai/uttam?
10:40   Shai : we exited the put when vwap did not break
10:40   Uttam : NF high exact 10446 now
10:40   Shai : This BNF looks like a new leg up abv 840 res
10:41   Shai : let’s see if 24840 is protected on dip
10:41   Mihir : Hi HK Tell me. (09:54) HK : @mihir u there?
10:41   Uttam : (09:48) Uttam : slow drive it is looking like now with both leaving singles at yesterday’s POC(10:00) Uttam : A period singles today plus OTF up(10:17) Uttam : 446 to watch next
10:42   Kunal : thanks Shai and Uttam
10:42   Gaurav : should we exit 10200 pe, stop was hit?
10:45   Himanshu : shai that 1 lakh seller of yestrdaystill holding?
10:45   Mihir : 477
10:45   Mihir : Himanshu I guess he did exit in 2 halves.
10:45   Boppanna : IMO looks like trend day up in the making
10:46   Mihir : +1 bopp
10:46   Mihir : No vwap test since ib range.
10:46   Himanshu : +1 mihir
10:46   HK : Hi Mihir
10:46   Uttam : 10440 second ext handle of the day in making & 24880 in BNF
10:47   Uttam : 10487 is 1atr from weekly FA of 10212 so that coming looks like next
10:47   Sumit : again seller in BNF TOP of 25k?
10:49   Shai : 10481 supply in NF
10:49   Uttam : both C & D have made higher highs
10:49   Shai : yes- (10:47) Sumit : again seller in BNF TOP of 25k?
10:50   Uttam : after A period singles
10:52   Shai : Update on 10200 pe : Hold with SL at 62 till 3 pm.We woll review the trade near close. cmp 76.
10:52   Gaurav : thanks Shai
10:53   Shai : we will go with a time review for that positional
10:53   Shai : 64 is the vpoc and today we have a drive down in that PE
10:53   Shai : hard exit below 62
10:54   Mihir : Shai 25120 poss today?
10:54   Mihir : Hk swings holding for 580?
10:54   Mihir : Oh nope you are in bnf swings.
10:55   HK : @mihir, got into NF longs after seeing the decoy yda
10:55   HK : 578 on IMO
10:56   HK : will get of BNf at 25k+
10:56   Shai : bear market rally – first one
10:56   HK : yup…
10:56   Shai : can be viciuos
10:57   Uttam : yep
10:58   Mihir : I had closed swings yest at 1L seller and loaded today morning. Net entry still below 240
10:58   HK : good that we will get PEs much cheaper 🙂
10:58   Mihir : :))
10:58   Himanshu : some stuck buyers in NF?
10:59   Shai : still not clear this move
10:59   Shai : let’s give it till noon
10:59   Shai : either sellers get fried today or they will break vwap
11:00   Mihir : Chief one vwap scare in bnf pliz.
11:00   Mihir : 🙂
11:00   Shai : 25050/ 10480 my places to look for sellers adding again now
11:00   HK : eyeing that 10500 PE when 50 is crossed
11:00   HK : 500*
11:01   HK : ok chief, 480 is also fine 🙂
11:01   Uttam : NF repairs that 10440
11:01   Mihir : Uttam one repairing at 398 odd.
11:02   Uttam : stuck sellers may not let it go below 10420-425
11:02   Uttam : 24900 sup in BNF for now
11:02   HK : experts out calling bottom, no better signal than this 🙂
11:03   Uttam : also Mihir that is the first ext handle of today so drive if intact that should stay
11:03   Himanshu : 10398 uttam?
11:03   Uttam : yep
11:03   Himanshu : ok
11:03   Himanshu : vwap also there
11:04   Mihir : Chief. Have you altered the screen size for the Delta stack? Can we get it to the earlier setting?
11:05   Mihir : Yep uttam. 398 looks like holding unless we have late surprises.
11:05   Uttam : BNF new highs
11:06   HK : Correction brings early Diwali sale on D-Street: 63 of top 100 cos on offer at 10-40% discount – this one screaming across media
11:07   Uttam : (10:19) Uttam : 25035 above 24940 in BNF if 24750 holds for the day….25035 in sight over here
11:07   Uttam : 24995 high so far
11:08   Mihir : 24999.9 lower high of rbi day.
11:08   Uttam : 25015
11:08   Mihir : taken out.
11:09   HK : wow, I booked at 25k BtST
11:09   Uttam : super trade HK, congrats
11:09   Abhishek : max pain in bnf..anuone?
11:09   HK : this one 10:00 HK : wont stop will 25 k, and 578, mentioned ydy
11:09   Uttam : no wonder it stalled there before taggging 25035 cos you exited 😉
11:09   HK : am a bit ambitious on NF let us see
11:10   Praneeth : +1 HK
11:10   Uttam : BNF is its normal beast mode today
11:10   Uttam : 430 points from lows in 2 hours
11:10   HK : thx Uttam
11:13   Uttam : 25024.4 new high 10 more to go
11:14   Boppanna : High so far 25024 10:37 Shai : 25027 is RBI day seller
11:15   Shai : the sellers are just throwing everything at the buyers here
11:15   Uttam : yes Shai & it is all getting absorbed looks like
11:15   Shai : yes price not bending
11:16   Uttam : some more absorption & these sellers only will fuel a big rally up
11:16   Praneeth : if E doesn’t extend then good for bears?
11:16   Shai : G is the decider today
11:17   Uttam : some reds here in NF
11:17   Uttam : at IBH
11:21   Himanshu : uttam now heading for 10398?
11:21   Uttam : E making lower low & lower hihg
11:21   Uttam : OTF up stops
11:21   Uttam : 10420 if not held then can tag vwap & 10400 levels
11:21   Favi null : @shai intra reference for BANKNIFTY
11:22   Uttam : (11:02) Uttam : stuck sellers may not let it go below 10420-425
11:22   Uttam : BNF has singles at 24910-880 which should act as intra sup now
11:23   Uttam : NF has so many stuck sellers that each dip may be used by them to exit
11:24   Shai : 25050/ 24850 – (11:21) Favi null: @shai intra reference for BANKNIFTY
11:28   HK : loaded more in BNf for 150, sl 930
11:28   Sumit : 50 k in bng stop order?
11:29   Sumit : or seller?
11:32   Uttam : boom boom BNF beat
11:32   TP : rbi day singles done in bn
11:32   Uttam : 25150 to be tagged RBI high
11:32   Shai : yes zoomed through that singles
11:32   Uttam : (11:10) Uttam : BNF is its normal beast mode today
11:33   Uttam : NF not making new highs still
11:33   HK : done and dusted 10:18 HK : BNf is the guy to watch for 25150 11:28 HK : loaded more in BNf for 150, sl 930
11:33   Uttam : 10487 calling
11:33   Uttam : not it does
11:33   Uttam : now*
11:33   Shai : Intra – Buy BankNifty 25155 sl of 25040 tgt 25344
11:33   Mihir : HK 🙂
11:34   Mihir : Done done done! 150
11:34   HK : not BNf is beyond my bounds
11:34   Mihir : Booked 50% of bnf 25k ces at 222
11:35   Mihir : 28 rs entry
11:35   Mihir : Whateey day!
11:36   Uttam : 25209 & 25300 next in BNF
11:36   Mihir : Uttam ek small drop to reload.
11:36   HK : BNf to stall herre
11:37   Shai : Good one Mihir
11:37   Uttam : 25035 is the new ext handle of BNF now
11:37   Shai : I was yeing that 117 did not fill
11:37   Mihir : Thanks chief. I was looking at rbi days short.
11:37   Mihir : I felt they all were sitting from 25k to 25180 range.
11:38   Uttam : NF has some good supply built up at 10460 levels here
11:38   Mihir : Chief we’ve got sellers back in bnf/
11:38   Uttam : needs a frsh push up or can check the 425-400 levels
11:38   Himanshu : 82 k sellers in NF?
11:39   Mihir : Can you adj 30 min for bnf?
11:43   Mihir : Nice reds in bnf
11:43   Shai : Make exits in the BankNifty longs 25125- 25135
11:46   HK : 150-100 11:36 HK : BNf to stall herre
11:47   Mihir : 050 coming?
11:48   Uttam : (11:38) Uttam : needs a frsh push up or can check the 425-400 levels
11:48   TP : bn dpoc/vwap still way down 24850 -880
11:48   Boppanna : BNF may check at 030
11:48   Mihir : Yay!
11:48   Boppanna : 25030
11:48   Uttam : 10425 here in NF
11:48   Mihir : Bring it on bop. out half of the puts.
11:49   Mihir : All out!
11:49   Himanshu : fresh selling in NF?
11:51   Prudhvi : looks like a P
11:51   Abhishek : bnf rejected from 5-10-18 high
11:52   Mihir : 055 thus far (11:47) Mihir : 050 coming?
11:54   Mihir : nice greens at prev 5 min poc.
11:54   Mihir : Pullback move low 055
11:55   Prudhvi : when was the last time we had a trend day in nf? anyone?
11:59   Mihir : And follow up too (11:54) Mihir : nice greens at prev 5 min poc.
12:00   Mihir : RK this kinda profile not good for long term?
12:01   RK : Mihir elongated profile from composite low is not going to help in a big way
12:01   RK : most of the times it would be retraced
12:01   Mihir : Okay.
12:01   Shai : Intra – Buy 10300 pe at 105- 106 sl of 81 tgt 155
12:02   Mihir : Thanks Rk.
12:05   Shai : 10200 pe also picked up huge
12:05   Shai : last leg up done through BNF
12:05   Shai : NF was stalled
12:06   Shai : currently weaker of the 2
12:06   Shai : F is LL
12:06   Uttam : yep Shai after E making an utside bar
12:22   RK : if G goes above F means NF going for 480/530 today
12:22   Mihir : Yes rk!
12:22   Uttam : yes G period now key & even Shai mentioned that in the morning
12:22   RK : ok
12:23   Uttam : G above E you mean RK?
12:23   RK : F as that is a whip bar which stopped OTF..so above F means one time frame is back
12:24   Uttam : G already made higher high than F
12:24   Mihir : Staying above ibh is getting riskier for shorts.
12:24   Shai : yes 480 cross is for 560 close
12:24   RK : now yes
12:25   Uttam : 10456 on spot which is day high so far if goes then can have a trend day up
12:25   RK : I allow min 4 points to consider that as done Uttam
12:29   Uttam : oh ok RK 🙂 thanks for that input
12:31   Mihir : 68k seller feeling heat?
12:31   Mihir : in bnf.
12:31   Mihir : Baaaaam!
12:31   Mihir : 50k seller at top bnf.
12:32   Mihir : Shai refresh needed?
12:32   Uttam : (11:36) Uttam : 25209 & 25300 next in BNF…25209 done
12:34   Mihir : Congrats uttam 🙂
12:34   HK : super Uttam u rock man
12:36   Uttam : 50k seller at 25220 in BNF
12:37   Uttam : on 30mins 2 block of 50k each at top here
12:37   Mihir : Yes uttam looks like.
12:37   Mihir : Big numbers. Can slide quick.
12:40   Mihir : Uttam can be longs booking out?
12:40   Mihir : But numbers are big right?
12:41   Uttam : can be a mix of both Mihir but we are having a trend day set up so big reds getting absorbed is ideal
12:41   TP : So G period does it’s job DHI printed on both .
12:42   Uttam : NF just missed by 2 points Tej
12:42   Uttam : 10469.5 & 10467
12:42   Uttam : E still holds
12:42   Himanshu : so OTF finally stopped or resumed?
12:42   TP : oops third umpire always correct 😉
12:42   Uttam : lol
12:42   Mihir : TP 🙂
12:44   Mihir : Hi bots. go below 120 now.
12:49   TP : bnf no premium nf just 10 points.
12:49   Praneeth : You got it mihir
12:50   Mihir : Sweet 🙂 (12:44) Mihir : Hi bots. go below 120 now.
12:50   Mihir : Bestest day of VT thus far.
12:50   TP : i tght you said that for nf …swing wala 😉
12:50   Mihir : TP fast and furious 🙂
12:50   TP : congrats Mihir.
12:50   Mihir : Thanks TP.
12:51   Praneeth : vwap test in bnf?
12:53   Mihir : Can go 030 again if Bop wants.
12:54   Uttam : all on I period now RK?
12:54   Uttam : H making lower low here
12:59   Boppanna : Just an obsvn that 25000ce made a high right at where 30 min candle closed on that RBI news day..
13:00   Uttam : (12:25) Uttam : 10456 on spot which is day high so far if goes then can have a trend day up….
13:00   Uttam : spot made a new high but just 1 point higher
13:01   Shai : H at Vwap
13:04   Porus : If vwap survives, we shld have a PBL?
13:05   Mihir : Need to make new ID High now.
13:05   Mihir : nf.
13:10   Praneeth : rbi day selling tail getting accepted not good for sellers?
13:18   Mihir : BNF making up for small range yesterday.
13:18   TP : 65k
13:18   TP : at dpoc
13:20   TP : these 52,55,82 resd on 30 min give up we that 344 on bn.
13:20   Mihir : tp 3ib
13:20   Mihir : Kardo
13:22   HK : 25700 opened up for tomm IMO
13:23   Shai : Clsoe the 10300 pe at 94-95.
13:24   Shai : BNF is in a murderous mood today
13:24   Mihir : Chief any news?
13:25   Shai : NBFC- SBI
13:25   Boppanna : Shai can we zoom in a bit on that 25000pe pls
13:25   Mihir : aah that bugger.
13:26   Mihir : Big sellers constantly popping up
13:26   Mihir : though.
13:27   Boppanna : thx
13:28   Shai : Buy 25300 ce at 78 sl of 52 tgt 115.
13:28   Uttam : NF most likely looks heade for p+spike today
13:28   Mihir : Uttam waiting my friend!
13:29   Uttam : 10487 almost here NF
13:29   Sumit : 141 k red in nf
13:29   Sumit : stop or new seller ?
13:30   Mihir : Sweet (13:05) Mihir : Need to make new ID High now.
13:30   Shai : stops
13:30   Uttam : 1atr of weekly FA done
13:31   Uttam : NF yet to do 1.5IB thanks to the big IB
13:31   Uttam : 10487 done & dusted
13:31   Uttam : spot now above 10456
13:31   Mihir : Ati Uttam! 🙂
13:31   Mihir : baby bears squished!
13:33   Uttam : 10483 vpoc also tagged in NF in this process
13:37   Shai : last fight at 10489
13:37   Shai : if bears don’t fight here we have 560 on screen-(12:24) Shai : yes 480 cross is for 560 close
13:37   Narendra : (13:26) Mihir : Big sellers constantly popping up. r they comming here at 474??
13:38   Mihir : Narendra bnf I meant.
13:38   Uttam : 10588 please Shai by close or tom as that would be 2atr move from 10212
13:40   Mihir : 122K vs 39k at 30 min bar poc in bnf
13:41   Mihir : Uttam. but nice reds on top. Need to be scared or gap up will be ideal.
13:41   TP : 206 in place am goiing with him ……(10:49) Shai : 10481 supply in NF
13:41   Mihir : TP 🙂 me too in the ride.
13:41   Mihir : But bnf.
13:42   TP : Green MTM worth the small risk 😉
13:43   Mihir : USD spiked up. BNF spiked down. same time.
13:44   Shai : 141K is this new seller at 10478
13:45   Mihir : Oh okay thanks chief. doesn’t show aggressive red over there.
13:46   Mihir : Tp you giving 170 in bnf?
13:49   Mihir : Thanks
13:49   Shai : This market is down still and headed to lower levels. Today’s OF confirms we will head lower some more
13:50   Shai : just for us to pick the levels out and chime in
13:50   Mihir : +1 chief.
13:50   HK : +1 Shai
13:50   Mihir : Playing along.
13:50   Mihir : Level to level.
13:50   Shai : but yes on days like today if you are swing trading, the market tells you that it will move on it’s time not yours or mine
13:50   Pradeep : Shai: are the presence of larger sellers that indicate the downside ?
13:51   Shai : yes
13:51   Shai : these guys are big . Don’t mistake them for intra day
13:51   Mihir : Can this be relief rally or a setup?
13:51   Boppanna : Shai reference spot levels for BN on the upside
13:51   Mihir : to trap one side?
13:51   Pradeep : are we movid to the low of FA from Monday?
13:52   Shai : 25344 BNF next ref
13:52   HK : This is news based move and once euphoria gets over, trend resumes
13:52   Shai : We have to break into that other FAat 10420 for quick momentum
13:52   Shai : for the other FAat 10212
13:52   Pradeep : ok
13:52   Shai : that will be the trigger for a 200 point drop
13:53   Shai : 10425 was defended 2 times
13:53   Uttam : weekly Fa again proving effective Shai 🙂 10232 was IBL & 10212 was the FA and 1atr from there got tagged at 10487
13:58   Shai : BNF strength is still thetre
14:10   HK : Shai, 10200 PE, sl in system??
14:12   Shai : No not yet
14:12   Shai : review is at 3 pm
14:12   HK : Thx Shai
14:13   Shai : Book the 25300 ce fully at 95
14:13   Shai : @HK anything diff you saw in any of those NBFC scrips today?
14:14   Mihir : Chief nbfcs have moved on SC move.
14:14   HK : I dont track NBFC scrips but humungous amount of liquidity injected into the system
14:14   HK : NBFCs are still short on rise, can do a 50% cut
14:15   Mihir : going for 25330
14:15   HK : But last 2 weeks, BNF was pretty strong IMO, said few times in the room
14:16   HK : INR wont fall becos short term bonds purchases still not allowed (short term)
14:16   Mihir : HK 🙂
14:16   Mihir : salami kabool!
14:16   HK : ST bonds can only be 10% of the overall LT pf, who cares man
14:18   HK : You should see how 24600 zone was defended yday, there were huge guys loading up longs
14:19   Shai : this is defintely cash driven BNF / Finance/
14:19   Shai : can make out from the prem cut
14:19   Shai : all index shorts stayed
14:19   TP : +1
14:20   Mihir : Chief 2.30 move coming?
14:21   HK : In a move like this BNF gets another 300-400 pts follow up move and hence I am biased for 25700
14:22   HK : I was playing for 2 ATr move in NF FA
14:22   HK : 9600 stays still
14:22   HK : I remeber early this year (Feb) shai mentioned that 9600 zone need to be auctioned (have written it down somewhere)
14:23   HK : He also issued a short call for 9921
14:24   HK : There is so much to learn from this man, he is a ocean of wealth
14:24   Mihir : +1 hk.
14:25   Mihir : Also, so modest.
14:25   HK : One who is willing to teach while he trades real time, you wont find anyone like him
14:26   HK : Even now I am seeing traders who claim to be in markets (wont name them) for 3 decades calling this as bottom 🙂
14:27   Shai : BN 24850 foreced some short out
14:27   Shai : could close at highs
14:27   Mihir : 332 high (14:15) Mihir : going for 25330
14:28   Shai : 25530 is series highs
14:28   Shai : spot*
14:28   Shai : just checked NF – NO change from that 2.30 low of 8th Oct
14:28   Shai : so NF all shorts are definitelly in
14:28   Shai : BNF has the covering
14:30   Praneeth : shai, whats the best price in bnf to buy in this pull back?
14:31   Shai : 25200
14:31   Praneeth : thanks shai
14:32   Mihir : chief sell intent quite heavy in bnf.
14:32   Shai : yes long cash short F again in BNF
14:32   Shai : all thiose covers from 840 are adding back
14:33   Mihir : Riding pes
14:33   Mihir : should hold?
14:33   Mihir : phew.
14:37   Gaurav : The NF pe should be exited at sl or can hold beyond that too Shai?
14:37   HK : @gaurav, review at 3 pm
14:37   Gaurav : Thanks HK
14:38   Pradeep : Shai: Is BNF a good trend day with new buying or just a short covering of retail money?
14:38   Pradeep : What is a good time to look for shorts towars 24300 FA?
14:39   Shai : short covering – (14:28) Shai : BNF has the covering
14:41   Shai : Intra – Buy BankNifty 25320 sl of 25200 tgt 25470
14:47   Uttam : Nf hsorts can still be forced out Shai?
14:47   Mihir : 10525 close.
14:48   Uttam : BNF tags 25300 vpoc also & still headed higher
14:49   HK : BN stuggling a bit
14:50   Praneeth : HK, since morning its struggling and moving higher 😉
14:50   Uttam : lol Praneeth
14:50   Uttam : 800 points in a day HK
14:50   Uttam : so please give it some much needed respite
14:51   Uttam : can only see a spike close here on with shorts being forced to take a hit (p+spike)
14:51   HK : leave some for tomm Uttam
14:51   Praneeth : ppl who made money playing contra hats off to them
14:52   Uttam : NF needs a good move away here
14:52   Mihir : Praneeth you out with shorts?
14:53   Praneeth : yes..
14:53   Mihir : Okay.
14:53   Praneeth : dip buying..
14:53   Mihir : Nice good you SAR.
14:53   Mihir : 🙂
14:53   Uttam : 25380 is 2atr in BNF from FA of 24285
14:53   Praneeth : ye.. thanks..
14:53   Uttam : so can get there by close
14:55   Praneeth : anyone, where bnf pain ?
14:55   Uttam : spot making new highs
14:55   Uttam : Nifty
14:55   TP : weekly bn op at 246k
14:56   Uttam : ??? Tej still
14:56   TP : yes surprised
14:58   TP : only quntsapp showing 25k.
14:58   Praneeth : oh.. thanks uttam
14:58   Porus : My calculated NF OP fell from morning 10750 to now 10650
14:58   Praneeth : any chance of move like yesterday same time
14:58   TP : NF op at 107k
15:03   HK : BNF in disc
15:05   Himanshu : shai now that FA at 10424..negated ?
15:06   Uttam : yes and if we close above it today & stay above tom then 1atr from there is 10622
15:06   Mihir : Uttam atr from FA you count na?
15:07   Uttam : yep
15:07   Mihir : Thanks!
15:07   Himanshu : uttam in that case FA at 10212..will remains to be visited and stron ST bottom?
15:08   Uttam : t+5 is the time the FA could be revisted
15:08   Uttam : if not by then can take it as a strong sup
15:09   Himanshu : we have time till tuesday?
15:09   Uttam : yep
15:09   Himanshu : ok
15:09   Uttam : as in some cases we can consider t+6 Shai has told us
15:11   TP : 10 % vix crush before weekly expiry.
15:12   Praneeth : uttam, still spike close possible in bnf?
15:12   Uttam : time up for a Praneetspike
15:12   Uttam : sorry
15:12   Uttam : time up for a spike
15:12   Uttam : dpoc in both will be imp reference for tom now
15:13   Praneeth : ok
15:13   Upendra : any chance for gap up tomorrow??
15:14   Shai : No
15:14   Upendra : okay
15:14   HK : 330-280 14:49 HK : BN stuggling a bit
15:14   Shai : Positional update : add 50% to the 10200 PE at 66 here. Maintain a new TSL of 56 for the full position
15:15   Gaurav : Thanks for the update
15:15   Shai : if 10490 is crossed we exit tom
15:15   Shai : can also add if 10420 breaks
15:17   Shai : Book out the BNF longs at 25330
15:18   RK : Shai BNF if fails to close above 25300 retest 24900 tmw?
15:19   Uttam : RK BNF doing its best to stay above 25300 after your post 😉
15:19   Shai : trend days don;t show much follow through
15:20   Shai : 25200 dpoc breaks we go much lower
15:20   Uttam : NF is just a normal variation Shai? p profile?
15:20   Shai : 24850 then
15:20   Uttam : +1
15:20   RK : 25050-80 retest min am expecting
15:20   RK : lets see
15:21   Shai : Just to be clear o the thought process here for the NF, the bear has to break 10420 F again for downside momentum
15:21   Shai : we hot RBI soc and stalled today but above 10490 we go to 10560 and possible the jitley soc at 10650/ 10700
15:21   Shai : still 10710 max it do
15:21   Upendra : understood
15:22   HK : jetlee SOC lol
15:22   Mihir : RK below 25240 safe haven for 25050.
15:22   RK : tmw IB we do quick test at today VWAP in both and then move up is my expectation..just mechanical bounce
15:22   Mihir : 127k seller there in bnf. 230 240 range.
15:23   RK : ok
15:23   Mihir : 5 min in side bar with poc imb. This can close at highs.
15:23   Uttam : RK BNF well above 25300 now your scare worked 😉
15:25   Mihir : Shai just saw this https://vtrender.slack.com/files/U0F31QRM5/FDA8CQJ7K/odrivedown.png
15:25   Mihir : nice one.
15:25   HK : good thing is they did not spike,
15:25   Mihir : poc imb continues in 5 min.
15:26   HK : a spike would made it messy to trade
15:27   Shai : 10450 dpoc of the P
15:27   Uttam : yes Shai
15:27   Shai : the seller could not break it today
15:27   Shai : first time this series
15:27   Shai : all due to sterngth in BNF
15:28   Mihir : 129k seller here. Vs 93
15:28   Mihir : Are these intra guys closing up?
15:28   TP : big vol bar dpoc moves to 470
15:28   Shai : yes
15:28   Praneeth : shai, usdinr can move down?
15:28   Mihir : TP people booking and going home. The wageworkers like us.
15:28   Mihir : 😛
15:29   Shai : 2 big guys
15:29   TP : 🙂 both from the room i guess.
15:29   Mihir : haha!
15:29   Shai : usdinr below 74.35 for 74.22
15:29   Shai : 🙂
15:29   Shai : Bye all
15:29   Mihir : Have a wonderful evening!
15:29   Praneeth : bye all
15:29   Shai : Have a nice evening
15:29   Uttam : trend day vwap gone in USD INR Shai?
15:29   TP : Bye All.
15:29   Uttam : thanks All 🙂 have a lovely evening
15:36   RD Arora : bye all