Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is “upside down” and likely to make exits from that position in a loss.
Volume profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF
BNF
Room Chat
08:46 Vtrender Live : (08:44) Vtrender Live: option charts – https://join.me/401-715-063
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10:30 Shai : Intra – seLL BNF 25860 sl of 25940 tgt 25730.
10:34 Shai : Intra day – BNF at 25780. Book fully.
10:40 Shai : Intra – seLL NF 10405 sl of 10460 tgt 10330
11:17 Shai : (11:16) Shai : NF- Make exits.
11:29 Shai : Buy 10300 PE at 91 sl of 62 tgt 163
11:39 Shai : (11:39) Shai : remove the 10300 pe at 77
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08:56 Shai : GM all
09:02 Uttam : Good Morning All 🙂
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-10th-dec/
09:03 Shai : Larger time frame traders would be active at the open and can be a larger IB based on emotional trading or speculative quick gains
09:03 Shai : stay small . Stay quick
09:04 Shai : Below 10510 lows of yesterday there was support at 10440- 10460 and then 10325- 10360 F
09:04 Shai : if we climb back up watch for reactions at these levels
09:04 Jitender : Gm Folks 🙂
09:06 Shai : on the charts today at the top of the bar we have added the volumes in yellow, then the COT in blue and the delta of the bar in white
09:07 Shai : COT is net of all the buying minus selling of the bar
09:07 Shai : delta is only the aggressive buying selling difference of the bar
09:07 Shai : COT will update real time and give a value based on sellers adding or buyers adding
09:09 Vinay : gm all….\
09:10 Jitender : +1 Shai on the changes
09:12 Shai : everything is neck and neck at the market open
09:12 Shai : hardly 10 seat differences
09:13 Shai : Cheers – will make reading easier : (09:10) Jitender : +1 Shai on the changes
09:13 Jitender : Telangana gone 2 TRS+AIMM combine
09:14 Bala : GM all
09:15 Shai : PPT at open?
09:15 Shai : watch 10440- 460
09:16 TP : GM All.
09:16 RK : GM Shai and all
09:16 RK : TD working folks?
09:17 Uttam : yes RK
09:20 Uttam : vol is 14L na Shai?
09:20 Shai : 10467 SL for a short here
09:20 Shai : can do 10370 again
09:20 Uttam : 6L is delta?
09:20 Shai : net volume
09:21 Shai : yes sorry delta
09:21 Uttam : 30min OF also showing 5 min chart Shai
09:21 Shai : 14.7L volume, of which 6L is delta and 2L is net buy of 1st 5 mins
09:21 Uttam : +1 Shai
09:22 RK : GM SHai and all
09:22 RK : Shai can we have delta % from vol if that would be good idea to compare figuratively the strength>
09:22 Shai : GM RK
09:22 RK : ?
09:23 Shai : okay can do that
09:23 Shai : will add in box
09:23 RK : just in bracket next to delta fig if possible
09:23 Shai : sure
09:23 RK : thanks
09:24 Vinay : Holy cow…when the big boys in action..the 5 min bars look like burj khalifa in itself
09:25 Sudheer : one big jump required to suck out put premiums
09:26 Shai : 10386- (09:20) Shai : can do 10370 again
09:26 Uttam : +1
09:27 RK : 440-385 morning NF ritual done
09:29 Shai : +1
09:29 RK : half gap entry
09:30 Uttam : super RK 🙂
09:30 Shai : 10400 is additional sellers
09:30 RK : with small size just to get the start for the day
09:30 Uttam : yes Shai that 5min plus figure now -55k on 30
09:30 Shai : +1
09:33 Shai : NF adding shorts again
09:33 Shai : sl 10403 for 10323
09:34 Sudheer : 25720 important level
09:34 Sudheer : in BNF
09:34 Sudheer : will be held for a bounce of 250-300 points once atleast
09:36 Jitender : omnovia freezing again fr me
09:37 Uttam : due to results fever Jit 😉
09:37 Jitender : 🙂
09:37 Shai : omnovia is fine
09:38 Shai : move remining to another browser
09:41 RK : CE lows breaking
09:41 RK : ok ignore it
09:41 RK : all my CEs are OTM
09:42 RK : on terminal 🙂
09:43 Shai : some supply being absorbed now
09:44 Uttam : lots of 0’s on the 5mins
09:44 Uttam : BNF boom
09:44 RK : as usual 9.30 result turnaround?
09:45 Uttam : EVMs results coming in 😉
09:45 Uttam : Jit?
09:46 Sudheer : 17k buyer
09:46 Sudheer : BNF
09:46 Uttam : B is right in middle of the A
09:47 Uttam : singles at both ends almost same in both NF & BNF
09:47 Jitender : ys Uttam
09:48 Boppanna : +1 Sudheer 09:34 Sudheer : 25720 important level
09:48 Shai : net plus in NF now since 10370
09:48 Uttam : yes Shai
09:49 Uttam : 10340 in spot was singles & for now they seem to be defended
09:49 Kathir : bnf low 6 also 🙂
09:49 Uttam : gap close coming in NF?
09:49 Sudheer : I’m 150+ in BNF
09:50 Sudheer : need 100 more
09:50 Sudheer : 25930 is supply zone
09:50 Uttam : 26000 tag can come Sudheer
09:51 Uttam : above 25930
09:51 RK : if demand is good 10380 should hold
09:51 Uttam : 25930 is the 2atr move down from yesterdays FA of 26453
09:54 TP : vix calm down 8 %
09:55 Jitender : mkts palyn contranian + againgst retail+LIC
09:55 Jitender : simple use of money power
09:56 Uttam : NF cnfirming tail at lows
09:56 Shai : It’s 5-0 for BJP?
09:56 Subhodeep : hahahaha
09:57 Uttam : 🙂
09:57 Kathir : MP hanging ?
09:57 Shai : 0-5 I meant?
09:57 Shai : is it confirmed?
09:57 Uttam : no Shai very close even now
09:57 Rushabh : no, chattisgarh is left
09:57 Kathir : yes shai MP i meant madya pradesh not market profile
09:57 Rushabh : sorry MO
09:57 Jitender : (09:13) Jitender : Telangana gone 2 TRS+AIMM combine
09:57 Uttam : MP / Raj very close
09:57 Jitender : Mizoram goes to MNS
09:58 Subhodeep : trends at least showing cong in the lead apart from mizo where mnf is the regioal player
09:58 Sudheer : Overall Cong is good shape
09:58 Shai : no leads anywhere for BJP
09:58 Sudheer : but market can move anywhere
09:58 Subhodeep : no leads for bjp in sight
09:58 Shai : market was expecting 2
09:58 Shai : 2 in 5
09:58 Kathir : Subo MP status ?
09:59 Rushabh : bjp lead in mp
09:59 Rushabh : 57
09:59 Kathir : ok
09:59 Uttam : 107-99 now in MP Cong
09:59 Subhodeep : out of 67 declared 33 to c 30 to b and 3 to maya
09:59 Kathir : everyone forgot urjith now
09:59 Uttam : poor guy
09:59 Subhodeep : i think market rejoicing on his exit
09:59 Kathir : lol
10:01 Shai : maintaining 10325-19360 and 10440- 10460 for now – (09:04) Shai : Below 10510 lows of yesterday there was support at 10440- 10460 and then 10325- 10360 F
10:01 Shai : large IB
10:02 Uttam : +1 Shai
10:02 RK : confirmation of tail good only when it extends in next TPOs (09:56) Uttam : NF cnfirming tail at lows
10:02 Jitender : chattigarh with Cong
10:02 Uttam : yes RK & today anything can happen
10:02 Uttam : yep Jit
10:04 Jitender : but opp has risen from ashes 2day
10:04 Uttam : which is good I feel Jit
10:05 RK : NF poc shifted up
10:05 Uttam : we need to have both almost equal in democracy
10:05 RK : and back to tail
10:05 Jitender : bnf ce’s losing prem
10:05 Uttam : yes RK
10:05 Uttam : dPOC at 10419 now
10:05 Subhodeep : lates t mp neck to tneck so mp can be anybodys
10:06 RK : neck to neck itself not a good msg to mkts
10:06 RK : combined with Urjit new
10:06 RK : news
10:06 Sudheer : yeah jit they are losing premiums …
10:06 Sudheer : break of day lows now in CE premiums and one drive up possible
10:07 Sudheer : in my watchlist 26k CE
10:07 Sudheer : CMP 125
10:07 Sudheer : Day’s low 111
10:07 Sudheer : @Shai can we have this on screen once?
10:09 Jitender : 700 brk in bnf is needed fr bears else in control of buyrs
10:13 Kathir : Jit hows rajasthan ?
10:14 Uttam : Congress inching towards majority as of now
10:14 Rushabh : lost rajasthan
10:14 Rushabh : cong smashed Rajasthan
10:14 Boppanna : IMO 770 pivot in BNF now
10:15 Kathir : ok.
10:16 Jitender : IB done
10:17 MJ : Good morning everyone 🙂
10:17 MJ : Loads to catch up after 2 day trading breal.
10:18 Boppanna : GM Mihir
10:19 Shubro : Hey Mihir!
10:19 Uttam : what a day to get back Mihir 🙂
10:20 MJ : Shai. What is the full form of COT?
10:20 MJ : Yeah uttam 🙂
10:20 MJ : Shai has changed many things since thursday 🙂
10:20 Shai : COT – committment of traders
10:20 MJ : AAh.
10:20 Uttam : net buying minus net selling?
10:21 Uttam : BNF doing its double inside bar of C
10:21 MJ : So shai if COT >> Delta means commitment is better towards the direction?
10:22 MJ : In order of preference first we must watch COT?
10:22 RK : vol dried post 9.45 swing
10:22 MJ : Get 500
10:22 MJ : come on,
10:22 Azmath : OTF
10:23 Uttam : green band in NF on 5in & IBH being approached
10:23 Kathir : uttam usd/inr also rockig 72.35
10:24 Gaurav : getting a bit confused here, blue figure is the intent or white one?
10:24 Uttam : 46k red at highs in NF
10:24 Uttam : blue is the delta
10:25 MJ : @Shai so 5 min we are getting rid of 14 period volume avg?
10:26 Uttam : sorry blue is the COT all buying minus selling
10:27 Uttam : white is the delta which is aggreesive buying selling sifference
10:27 Sudheer : exited BNF at 26920
10:28 MJ : Aye Aye! Sudheer.
10:28 MJ : Wonderful trade.
10:28 Kathir : cheers sudheer
10:28 Jitender : congo Sudheer
10:28 Shai : nice trade
10:28 Jitender : 2.37xDT here
10:28 MJ : Jit 🙂
10:28 Shai : yes MJ we need all the mm for this
10:28 Kathir : congrats jit
10:29 Jitender : tx K
10:29 Jitender : but lets wait till EOD
10:29 MJ : 1.5 here 🙂
10:29 Jitender : if i trade..i will make mistakes in today;s mkts 🙂
10:29 Jitender : +1 MJ
10:29 Boppanna : Nice Sudhir
10:29 Sudheer : i guess all those greens are stops
10:29 MJ : Shai: Some more commentary on COT + Delta will be nice.
10:30 Sudheer : in 10:25 to 10.30 candle
10:30 MJ : I believe in 10.25 bar. Delta was -52k and COT was slim. So Price dropped. Am I right?
10:30 Jitender : 25.2 poss 2day ?
10:30 Shai : Intra – seLL BNF 25860 sl of 25940 tgt 2730.
10:30 Jitender : #justaskn
10:30 Sudheer : now anything above 25890 is short for 25380
10:31 Jitender : 25.8pe 226-276
10:31 MJ : Shai. Love you. What an indicator.
10:31 MJ : Got it.
10:31 Jitender : cong 116–halfway mrk in MP
10:31 Sudheer : yes jit next support for BNF at 25380 and already 25700CE writers active
10:31 MJ : Thanks.
10:31 Jitender : trends—not results
10:32 Sudheer : so very much possible
10:32 MJ : 446 to 404
10:33 MJ : So swift. Did via pes.
10:33 Uttam : probable FA in NF at 10459
10:33 Jitender : Surjit Bhalla..member of PM Eco Council resins
10:34 Shai : Intra day – BNF at 25780. Book fully.
10:34 Jitender : resigns
10:34 MJ : Modi on tv.
10:35 Shai : eco council? any previous role in Fin mior RBI?
10:36 Shai : may get deputed there 🙂
10:36 Shai : job vacancy since 5 pm yesterday 🙂
10:36 Jitender : 🙂
10:36 Uttam : lol Shai
10:36 TP : the new gov announcement is also due today ?
10:36 Uttam : yes could be
10:37 TP : then toh circuit banta hai
10:37 TP : forgot about it
10:37 MJ : TP come on ya 🙂
10:37 MJ : When was last circuit in nf?
10:37 Jitender : rural votes swing against Bjp
10:37 TP : jit the actual results will be mostly in before mkt close ?
10:37 Uttam : Cong getting 50% in all 3
10:38 Jitender : yup Tej
10:38 Jitender : 12pm u r in prediction mode with 94% accuracy
10:38 TP : tks
10:38 Jitender : 26.4+ ce offering safe money if u r conservatv
10:39 Jitender : n not a sprite drinker 🙂
10:40 Jitender : money on ground will shift now
10:40 Shai : Intra – seLL NF 10405 sl of 10460 tgt 10330
10:40 Subhodeep : last circuit 2008 general elections if i rememebr right circuit to circuit
10:40 Jitender : 2019 opens up with edge to Bjp
10:41 MJ : Thanks Subhodeep.
10:41 Shai : sell side pressure adding up
10:41 Jitender : temp,e in focus
10:41 Jitender : temple
10:41 Praneeth : Hi all
10:42 Jitender : banks actually happy on Gov resignation as far as tape tells till now
10:42 Praneeth : yes jit
10:42 Praneeth : expecting more selling
10:43 Jitender : UP resignation was in GOI knowledge & was timed to reduce impact…imo
10:43 Praneeth : *expected
10:44 Vinay : newbie q: how does volume loook on 5 min TF today both in IB and now….compared to usual..perhaps am order of magnitude..if that is so and ranges are still small does it mean movement likely or more compression in range
10:45 Shai : vol is very high today
10:45 Shai : the first 30 mins had one of the highest vols in recent times
10:46 Jitender : times now says tat pappu has passed today
10:46 Praneeth : in my opinion these results good for bjp .. this will make cong strong while bargaining for seats in 2019 so they would strongly project pappu as PM
10:46 Vinay : Shai is it an order of magnitude higher atleast..which often means either SDs can recalibrate etc/
10:47 Uttam : that lady is so irritating Jit
10:47 Uttam : they only want guests to say what hey want
10:47 Praneeth : and ppl would vote pappu?
10:47 Praneeth : *in 2019
10:47 Vinay : its already dropped 50% in last twwo 30 min TFs
10:53 Jitender : LS is 100% vvpat…
10:53 Shai : defimitley higher magnitude Vinay
10:54 MJ : @Shai. Next to yellow vol number in 5 min. Can we consider previous 14 period vol next to it?
10:54 Shai : at this rate we should close the day around 18to 22L volume which is about 2 x of a normal day
10:54 Jitender : Parneeth…elections r lost usually by one rule rather than won by other
10:54 Jitender : ruln
10:54 Uttam : +1 Jit
10:54 Praneeth : yes jit
10:55 Praneeth : i m referring to 2019 which market looks upto now..
10:55 Jitender : i know
10:55 Jitender : replyn 2 tat only
10:55 Uttam : lol
10:55 Praneeth : cong making strong comeback
10:55 Uttam : first time watching a tv news channet & its fun
10:55 Jitender : 🙂
10:55 Uttam : thse anchors are taking all the parties to task
10:56 Jitender : bnf celebratn the very cause wich will incr NPAs in fut
10:56 Jitender : wat an irony
10:56 Praneeth : hmm
10:57 Himanshu : if biggies want to dump they will dump at higher level
10:57 Himanshu : cos here no one will buy..
10:57 MJ : Jit 🙂 5x hogaya.
10:57 MJ : Had to cover friday and monday 🙂
10:58 MJ : x is smaller though.
10:58 Uttam : BNF getting ready for a DD today also?
10:58 Jitender : +1
10:58 Jitender : u r a rockstart Mihir
10:58 Jitender : *star
10:58 MJ : /\
10:58 MJ : News is in the tape. All is what Shai and you all taught me over here.
10:59 Uttam : 58 to 115 is 3 times it seems 😉
11:02 Praneeth : +1 MJ and Jit
11:02 Vinay : Shai at 2x still not as much as a newbie like me would think
11:04 MJ : Thanks Praneeth.
11:04 Kathir : mihir 10400 pe low 6
11:05 MJ : Oh okay. Might be broken now Kathir.
11:06 MJ : 27 more needed. (10:22) MJ : Get 500
11:06 Kathir : new low also 6
11:06 Kathir : 🙂
11:08 MJ : Jit trading 1/4th of normal size.
11:10 Jitender : insti algo’s on fire
11:10 Jitender : tis is insti vs insti playground now
11:10 MJ : +1 Jit.
11:10 MJ : All working for 10500 😉
11:10 MJ : let them do it.
11:11 Jitender : -45 dwn on nf of all contra news day 🙂
11:12 Himanshu : jit no surprise if closes in green
11:12 Jitender : no shrtn below 95o in bn
11:12 Jitender : ys Himanshu
11:12 MJ : Himanshu knows something imp from saffron party is it? 😛
11:12 Jitender : trades so far in tat direction only
11:12 Jitender : now watchn
11:12 Himanshu : no no mihir..i m no insider
11:12 Subhodeep : newbie qiery there are certain rectangels getting formed as i typed
11:12 Jitender : 940 bnf on watch
11:13 Subhodeep : right now i see a green rectangel
11:13 Subhodeep : what ami i to infer
11:13 Subhodeep : 28425
11:13 MJ : Green box is aggressive buyer at 10473.7
11:13 MJ : (10:22) MJ : Get 500
11:13 MJ : Baam baam!
11:13 Subhodeep : like wise red box shoud be agressive seller
11:13 Subhodeep : ??
11:13 MJ : Love the tape. (10:22) MJ : Get 500
11:13 MJ : @shubhodeep (11:13) MJ : Green box is aggressive buyer at 10473.7
11:14 MJ : Now we have one red box at 10489 in Nf. This is aggressive seller. The boxes are formed based on aggressive buyer/seller
11:14 MJ : @shubhodeep for your questiom.
11:15 Himanshu : whats is delta in last 5min bar?
11:15 Subhodeep : adn trh total summation at the top f the candle is the values of net for the same duration for eg 15075 -66300 and not 7550 which is currently wip
11:15 Subhodeep : please correct me if i am worng in infference
11:16 Shai : NF- Make exits.
11:16 Subhodeep : so i fi look at the current profile of the day would it be ok to say this is looking like a double distribution kind of day ?
11:17 MJ : @SD yes. Looks like DD
11:17 MJ : @SD white is delta and blue is COT.
11:17 Himanshu : ext handle at 10461.. tail at lows if sustains important references uttam , shai , mihit
11:18 MJ : Make notes of this 🙂 Guide another newbie when he/she joins
11:18 Shai : Low volume drive up
11:18 Shai : 10530 detination
11:19 MJ : OTF @Azmath.
11:19 MJ : Where are people searching for 4 digit? 🙂 I am finding them on twitter.
11:19 Praneeth : bnf will close the gap?
11:20 Praneeth : 26170
11:20 Praneeth : is 2IB
11:21 Jitender : nf in green
11:21 Jitender : (11:12) Jitender : no shrtn below 95o in bn
11:22 Praneeth : +1 jit
11:22 Uttam : both NF & BNF complete 1.5 IB inspite of the big IB
11:23 Vinay : does yesterdays vwap come into action now at 545?
11:23 Shai : can head down with 10535 as sl
11:23 Uttam : 26171 2 ib in bnf
11:23 Shai : 10455 tgt 1
11:29 Shai : Buy 10300 PE at 91 sl of 62 tgt 163
11:30 Shai : thyat was a low volume mark up made by funds to exit positions
11:30 Shai : stopped at POC
11:31 Shai : POC lower gain
11:31 Jitender : +1
11:31 Uttam : plus pinks at those new highs
11:31 Shai : 10535 SL for the view
11:31 Jitender : cnbc sayn 115 for bjp in mP
11:31 Shai : 10455 breaks we should see 10416 again
11:31 Jitender : other channels shwn diff
11:32 TP : even raj bjp recovering a bit
11:33 Shai : arnab given raj and MP to con
11:33 Uttam : BJP should win BJP just to see these guys faces 😉
11:33 Jitender : cnbc again playn
11:33 TP : mp is 116-94 in fav of cong as per election comisson site
11:34 Uttam : Raj has a big others number & if BJP+others combine they are more than Cong
11:35 Praneeth : new18 MP – 114 for bjp 109 for INC+
11:35 Jitender : mkt is playn for MP win ?
11:36 RK : if BJP loses and still mkt moves up means headlines would say mkt factoring in reforms next 1 year 🙂
11:36 RK : you cant trade based on news is the truth
11:36 Uttam : +1 RK
11:36 Jitender : yup + LS voting is diff from states
11:37 Boppanna : +1RK
11:37 Uttam : spot closing above 10470 spot Nifty can get back to 10650
11:37 Uttam : Nov balance
11:37 Himanshu : if they wanna dump they will dump at higher levels (11:36) RK : if BJP loses and still mkt moves up means headlines would say mkt factoring in reforms next 1 year 🙂
11:38 RK : 10300-10700-10900 large balance fill in Dec
11:38 Uttam : (11:23) Uttam : 26171 2 ib in bnf
11:38 MJ : 10622?
11:38 Praneeth : looks like 2Ib possible in bnf
11:39 Uttam : 10547 in NF 2ib
11:39 Shai : remove the 10300 pe at 77
11:39 Uttam : which is also selling tail start
11:40 Uttam : 10543 selling tail start in spot
11:40 RK : acceptance above 560 would hit 740
11:40 RK : NF
11:40 Praneeth : usdin below 72
11:40 Uttam : (11:38) Uttam : (11:23) Uttam : 26171 2 ib in bnf
11:40 Uttam : Done
11:40 Praneeth : +1 uttam
11:40 Boppanna : 320 calling looks like above 180 in BNF
11:40 Praneeth : now 3IB?
11:40 RK : 480-560 decider now for 100-150 points
11:41 Uttam : (10:58) Uttam : BNF getting ready for a DD today also?
11:41 Shai : what is the market knowing here
11:41 Praneeth : bnf gap closed
11:41 Vinay : RK would that mean initiate speads across those ranges…say 700-900 bull spread and 500-300 bear spread and wait it out
11:41 Shai : there is a failure at 10500
11:42 MJ : BJP leading in mp?
11:42 RK : Vinay am not wellversed with option funda
11:42 MJ : Best link to follow elections online?
11:42 TP : http://eciresults.nic.in/PartyWiseResult.htm?st=
11:43 Vinay : Shai still the vols in 5 min
11:43 Rushabh : yes mihir
11:43 Vinay : OF is just about 10-20% of IB vols
11:44 Vinay : if I am reading it correct..
11:44 MJ : TP that I am checking. Anything that gives leads as well?
11:44 Uttam : INR also making new highs against USD
11:45 Shai : 26302 coming
11:45 Uttam : (11:40) Boppanna : 320 calling looks like above 180 in BNF…that wide POC calling Bops
11:45 Jitender : pure money power
11:46 MJ : +1 Jit.
11:46 Jitender : bjp win or not…btfd
11:47 Vinay : newbie obs: NF getting rejected a yesterdays VAH
11:48 MJ : lol Jit.
11:48 MJ : All out 🙂
11:48 Boppanna : Kiss of PWL in BNF
11:48 MJ : happy.
11:50 Sudheer : Still call writers active above 26000
11:50 Sudheer : don’t get convinced with these whipsaw moves
11:50 Jitender : gv me a prop desk with 1000 cr…n i will do multiples of it
11:50 Subhodeep : can the mprofile chart be scrolled up a little bit
11:51 TP : Jit can give you the prop desk but 1000 cr need to ask chief 🙂
11:51 Jitender : 🙂
11:51 Jitender : will dbl it in 2 years& one 1000 cr fr me seperately
11:52 Vinay : Interesting vols doubled relatively in the 5 min TF when it was in yeserdays VAL and VAH from last 3-4 TFs and highest when at
11:52 Vinay : VAH
11:52 Jitender : only MP left
11:52 Uttam : you will surely do it Jit
11:52 Uttam : amen
11:53 TP : cheers …(11:51) Jitender : will dbl it in 2 years& one 1000 cr fr me seperately
11:53 MJ : Jit can I then intern at your desp?
11:53 MJ : desk*
11:53 MJ : uff shakey fingers.
11:54 Jitender : wat desk 🙂
11:54 Praneeth : now over to new governor i think
11:54 Uttam : these guys just keep shouting all the time, so much stress their job has
11:54 Uttam : BJP leading in MP?
11:54 MJ : Yes.
11:54 MJ : Looks like.
11:55 MJ : Pullback done?
11:56 RK : get ready for the move..now locked here (11:40) RK : 480-560 decider now for 100-150 points
11:56 Uttam : biased towards upside RK?
11:56 MJ : Anyone from MP over here?
11:56 Uttam : all do MP here Mihir 😉
11:56 Praneeth : in MP they r yet to cover another half rounds
11:56 RK : Uttam no bias now
11:57 RK : whichever side breaks am expecting trend in legs of min 50
11:57 Uttam : thanks RK
11:57 MJ : Uttam bhai. lelo aap 😛
11:57 MJ : bas na.
11:57 TP : vix down 145 any views on 105k straddle at 305.
11:57 RK : bulls 445 is the level today..if that goes day low on cards
11:57 RK : thats kind of sell home bet type trade for me
11:57 Uttam : not doing any trades today Mihir for the first half so just doing timepass 😉
11:58 RK : but stop is 100 points
11:58 RK : 1:1
11:58 Uttam : +1 RK
11:58 Uttam : 10461 is the ext handle
11:58 Vinay : RK what would be the breaking levels in your opinion
11:58 Subhodeep : newbie comment: so if i read right the ib or the value range is shifting upwards tpo chart wise?
11:58 RK : I said above Vinay
11:59 Vinay : given its way above 445 now…does at cmp..make sense for a NF short with a SL above yest VAH
11:59 RK : 350<445 < (480-560) > 610>640>700>750 – hypos now for me
12:00 Shai : can short wityh sl at day high
12:00 Shai : but has to btreak below 10490 quickly
12:00 Vinay : awesome RK
12:00 Shai : last time it stalled and moved up again to 564
12:00 Uttam : yes Shai was about to say that break of 10490 can get 10460 & below 445 RK’s trigger is anyways on
12:01 Uttam : MP 110 each
12:01 Uttam : Raj 81-94 with 24 others
12:01 Shai : okay
12:01 Praneeth : MP it will go till 4-5PM it seems
12:01 Shai : time for hashtag #EVM to start trending then
12:01 Uttam : Governar there AnandiBai Patel 🙂
12:01 Uttam : Governor*
12:01 Praneeth : hehe
12:02 Uttam : they were saying 3-0 & I feel still 1-2 in favour of BJP possible
12:03 Uttam : Amit Shah gets a finger he will do anything to get that state
12:03 Santhanam : feel it could be a close finish
12:04 Vinay : just an obs…anytime 5 min OF after IB has been in yesterdays VAL and VAH vols are 2x-3x other 5 min TF ranges
12:04 Vinay : being politically clueless is a bias i guess i might be able to use today..alas..dont know enough of the market yet though
12:05 Uttam : 490 tagged in NF
12:05 Uttam : 461 cometh
12:06 Uttam : BNF had big reds in that rise
12:06 Shai : +1
12:06 Shai : still no LL
12:06 Shai : battel for day is here
12:07 Uttam : RK BNF leaving a ext handle exactly at mid point of gap has any relevance?
12:08 RK : no question of locals today Uttam..so not relevant
12:08 RK : those kind of studies needed only to find out who we are competing on rotational day..which is not the case today
12:08 Uttam : cool RK thanks 🙂
12:08 RK : we are fighting with giants no doubt 🙂
12:09 Jitender : y fite Rk…mkts open everyday 🙂
12:09 Uttam : BNF tagging that ext handle no DD
12:09 Shai : big resorts in MP and Rajasthan are booked now.
12:10 RK : fight in the sense not literally chasing everyting Jit
12:10 Jitender : n u r a genius wen it comes 2 tradn tem
12:10 Shai : one big one will get a call in 3 hours
12:10 Uttam : lol Shai so this drama can continue all this week
12:10 RK : just any trade today means you are placing against OTF environment I meant
12:10 Jitender : small vols
12:10 Jitender : n enjoy
12:10 Jitender : if anyone comes out 2day with green mtm…hez a winner
12:11 MJ : Jit green mtm with room and OF is easy.
12:11 MJ : 🙂
12:11 Uttam : yes Jit / RK but the levels marked today will be imp ones & we can get a positional trade going from tom?
12:11 Boppanna : Shai below 970 bulls in trouble in BNF
12:11 Jitender : today..only green matters & not the quantum of it..imo
12:11 Boppanna : ?
12:12 Shai : yes
12:14 Jitender : Anuj has an explanation fr every move 🙂
12:14 MJ : Ghelot picking on Doval.
12:14 MJ : lol 😛
12:16 Uttam : NF defending that ext handle of 10461 looks like
12:16 Uttam : 10470 low so far in this Nf dip below 10490
12:17 Uttam : NF tagging yVAH & revrrsing & BNF yVAL
12:20 Vinay : This zone now is the exact big gap up zones on the way back up from 10005 ,..
12:22 Jitender : MP 30 seats with close margin
12:22 Jitender : 5-8 seats with less than 100 votes
12:22 Jitender : tats y its changn
12:23 RK : Raj clean Cong lead or confusion there too?
12:23 TP : Jit actual reasults out or still leads.
12:23 Jitender : leads
12:23 Shai : 99- 75 Raj
12:23 RK : 99 cong?
12:23 Shai : 108-109 MP
12:24 Shai : yes RK
12:24 RK : fine
12:24 Shai : leads from EIC
12:24 RK : Raj I think like TN and Kerala rotating parties every 5years
12:25 Shai : BSP can support cong in MP
12:26 Shai : that is +6
12:26 Shai : but that ends definitely at a resort
12:26 RK : yeah so we have enough news next few days to fill 500 point range then
12:26 Subhodeep : rk this 500 point is towards the downside?
12:26 RK : last weekly NF was DD down..so expecting price to scale back there
12:27 Subhodeep : ok
12:27 TP : rk you mean 11k or 10k 😉
12:27 RK : Subho my expectation is 10300-10700-10900 for remaining DEc
12:27 RK : below 10280 view changes
12:27 RK : Tej explained in the morning
12:28 Subhodeep : thanks for helping out still trying to waddle adn paddle my way thru these charts 🙂
12:28 TP : yes got that hypo RK.
12:28 Subhodeep : still go tto understdn what is hypo
12:28 RK : 10K has to wait..lets open the drive below 10K in Jan and next 1000 points without entering back above 10K possible if happens 🙂
12:29 TP : January bears usually have a huge appetite .
12:29 RK : since Sep start if you look at monthly then we are making composite b..so all move towards lower range will see a bounce..but any month if starts below 10K means one hell of ride downside on large TF
12:31 RK : NF grinding up without pulling VWAP up
12:31 Jitender : SP+BSP probable kingmakers in MP & ofcourse EVM has bought it so close
12:32 Jitender : Bjp spokes guys confi on raj & mp
12:33 Jitender : 110-107 bjp
12:33 MJ : Jit 622 dena hai aapko aaj?
12:33 Subhodeep : @jitender i have never seen a spokesperson not confident 🙂
12:33 Jitender : Shubo 🙂
12:34 MJ : Question. There is a shubro and shubodeep in the room. 2 different identity right?
12:34 Jitender : Navika askn..bjp guy .. w r u gettn yr numbers tat we r not gettin 🙂
12:47 Praneeth : Jit, #mallyareturns already priced in ?
12:48 Subhodeep : @mj correcto
12:50 Uttam : Cong should end Raj at 90 then will be good fun
12:51 Praneeth : yes, below 90 not good for them
12:51 Vinay : is there a easy way to look at vix charts?
12:52 Uttam : NSE charts on their website
12:52 Jitender : irrelevant P
12:52 Praneeth : ok
12:52 Uttam : MP 111-107 to BJP
12:52 Himanshu : uttam EH in NF at 10561 still intact.. good reference ahead?
12:52 Uttam : 10461 Himanshu
12:52 Uttam : NF making a DD
12:52 Himanshu : yeah
12:53 Vinay : thanks uttam..thats what i do now..
12:53 Himanshu : rk .. auction from yesterday completed ?
12:54 RK : Himanshu the moment you broke below that yday low and accepted means that probe is over
12:55 Uttam : Raj 82-93 BJP-Raj
12:55 Uttam : BJP-Cong
12:55 Himanshu : thanks RK
13:06 Uttam : 86-90 in Raj 🙂
13:06 Subhodeep : @rk so this in a day trade parlance would qualify as an open rejection drive with rejections happening at the lower levels where initaitive buying happened?
13:07 Uttam : MP 113 BJP
13:07 Praneeth : which is ur source uttam?
13:07 Subhodeep : i am just trying to get my bearings right ?
13:07 Uttam : relaible sources Praneeth 😉 Times Now
13:07 Uttam : NF new highs
13:08 Uttam : BNF alos
13:08 Himanshu : lol 10700 today?
13:10 Uttam : (12:02) Uttam : they were saying 3-0 & I feel still 1-2 in favour of BJP possible
13:12 Uttam : lol Sachin Pilot already complaining of poaching by BJP
13:12 Jitender : .
13:13 Jitender : Mayawati calls her winning MLAs to delhi
13:13 Uttam : going to be a eventful week ahead looks like
13:13 Uttam : 110 each in MP
13:13 Uttam : Mayavati gets the prize always
13:14 Uttam : winner even without playing
13:14 TP : NF 400 up from lows , LIC funding MP resort expenses from green MTM 😉
13:14 Himanshu : yes TP
13:15 Uttam : they should get clean majority
13:15 Uttam : dont want resort politics
13:16 Shai : Mayawati is the king maker in MP
13:16 RK : NF 150+ points done for the day
13:17 Jitender : +1
13:17 Shai : all sins of decaded washed away in a day. No more CBI
13:17 Uttam : nice RK 🙂 congrats
13:17 RK : 10535-10550 Nf should hold to move up further else can come down
13:18 Shai : yes
13:18 Shai : 10610 gap fill
13:19 RK : above 610 old buyers will take this up
13:19 TP : +rk
13:21 RK : BNf could easily do that 26350 now
13:22 RK : still a underperformer compared to NF
13:22 Uttam : needs to sustain above 26250 for sometime BNF
13:23 RK : Accepting around PDL..lets see
13:25 RK : How many noticed MO by close yday?
13:25 Boppanna : But the fall yesterday was muted as well compared to NF so both look to fair price now 13:22 RK : still a underperformer compared to NF
13:25 Uttam : how much was it RK?
13:25 RK : -60
13:25 Uttam : so gasp down that too such a big one means bounce was to come?
13:26 Uttam : gap*
13:26 Jitender : Rk’s love for MO is unwavering 🙂
13:26 Kathir : 🙂
13:26 RK : Jit ofcourse yes..one of the good setup that is when you combine with other context..
13:26 Jitender : Uttam…if UP had not resigned yday…mkt may have fallen today 🙂
13:26 RK : Uttam Gap follow through I was expecting
13:26 Jitender : go for it Rk
13:27 RK : when that fails means Mo play comes in
13:27 Uttam : yep & in NF we had a OL almost today
13:28 RK : this is what I made as one hypo based on this MO //If rejects around 10345 > 10375 stay long till 10515 //
13:28 Uttam : super RK
13:29 Jitender : tats y its said beauty lies in the eyes of the beholder 🙂
13:29 Jitender : +1 Rk
13:29 Jitender : Yogengra Yadav says tat Evm has worked for bjp again today
13:29 Jitender : on times now
13:33 RK : dPOC still down NF
13:34 Jitender : 25.7 back wud be nice 🙂
13:34 RK : need a balance here to bring it up else move down
13:34 RK : VWAP swipe
13:36 Varun : move up most likely to cool mo down
13:36 RK : -28 now
13:37 Varun : 10460 holds key now for fresh down
13:37 RK : 520 break can give us 460 intra now
13:37 Varun : pbl arnd 465-70
13:37 Varun : and extn
13:37 RK : yes
13:38 Subhodeep : @jitender what is mo ?
13:38 RK : weak low Varun around 10470..so mostly we get there
13:38 Jitender : Subho..tat ans belongs to Rk…
13:39 Rushabh : broad market right?
13:39 Jitender : its McCleans Oscillator
13:40 RK : https://www.investopedia.com/terms/m/mcclellanoscillator.asp
13:41 Jitender : Raj goes 2 cong
13:41 Jitender : MP only left now
13:44 Subhodeep : thanks jitender
13:46 Gaurav : can we havenet intent for the day line back on stcak charts
13:48 RK : trap move this could be
13:48 RK : for longs
13:49 MJ : Safe haven only above 565++
13:49 MJ : Need to stay there for good time.
13:51 Shai : Intent is remodelled to daily COT – Red now
13:51 Shai : (13:46) Gaurav : can we havenet intent for the day line back on stcak charts
13:51 Shai : It’s in the 30 min s
13:59 Shai : quick dip to vwap will be good in BNF
13:59 Jitender : only 10 rounds of coutn done
13:59 Jitender : 12 more 2 go
14:00 Jitender : Bjp edge in MP
14:00 RK : NF and BNF on edge here to decide trend day or failure
14:01 MJ : Yes RK.
14:01 MJ : RK need to take some notes to learn how to use MO.
14:02 Jitender : 26120 decider in bnf
14:02 Boppanna : +1 Jit
14:04 MJ : Yes J. 120 is the mayawati for the day.
14:05 Jitender : 110 each in MP
14:05 Jitender : 55 seats with a margin of less than 1000 votes
14:06 Jitender : diff
14:11 MJ : Jit. Leak the paper.
14:12 Shai : buying has gone away last 20 mins in NF
14:12 Jitender : paper ovr
14:12 MJ : 😛
14:12 Jitender : only results left now 😉
14:14 MJ : Interesting data as MP becomes a cliffhanger- IN 17 SEATS CONG LEADING BY A MARGIN UNDER 1000 VOTES, IN 13 SEATS BJP LEADING BY A MARGIN UNDER 1000 VOTES.-IN 30 SEATS CONG LEADING BY A MARGIN UNDER 2000 VOTES. IN 36 SEATS BJP LEADING BY A MARGIN UNDER 2000 VOTES. (From ECI)
14:16 Praneeth : Jit, whats ur view on global market
14:18 Praneeth : there’s concern on brexit, huwei cfo arrest etc
14:19 Jitender : 2580 holdn
14:19 Jitender : shld quiten now
14:19 Jitender : else more volatility
14:21 Praneeth : ok
14:21 Praneeth : next big thing is FED on thusday?
14:22 Praneeth : *next wednseday
14:23 Jitender : 19th
14:24 Jitender : had posted in news-events channel
14:24 Praneeth : yes, got it thanks
14:27 Praneeth : anyone expecting DL by close?
14:31 Subhodeep : no expecting day highs now
14:32 Sudheer : Day low not possible
14:32 Praneeth : ok
14:32 Shai : yes
14:32 Shai : close near 10630
14:32 Subhodeep : it index propping the nifty up now
14:33 RK : trend day intact in both
14:34 MJ : +1 rk.
14:34 MJ : handle 1 more hour now.
14:35 MJ : Raj going from bjp won’t be a big factor as it has been doing flipflop since 1992.
14:36 MJ : Smart people. giving 5 5 years to both.
14:37 Himanshu : now vote share will come in place for analysis for 2019
14:37 Himanshu : wonder how much masala these news channels have
14:37 Sudheer : nifty close might be around 490 spot
14:37 Sudheer : bnf not sure
14:38 MJ : DHI nf close pahije!
14:39 MJ : 10607….(12:33) MJ : Jit 622 dena hai aapko aaj?
14:39 Shai : 40k RS
14:39 MJ : Aye chief.
14:39 Shai : 10582 new supp
14:42 Jitender : 100 up from tere…got 60 (14:02) Jitender : 26120 decider in bnf
14:43 Praneeth : now dpoc jit?
14:45 Jitender : below 261875 only
14:45 Jitender : 26175
14:45 Jitender : L low
14:45 Praneeth : ok
14:47 MJ : Such neat trades Jit 🙂
14:47 Subhodeep : @mj what is this +1 that you all write been wondering since yesterday
14:48 MJ : form of acknowledgement
14:48 Jitender : tats him counting his mtm incr
14:48 Subhodeep : hahahahah
14:48 MJ : Jit kuch bhi
14:48 Subhodeep : green mtms dod
14:48 MJ : double digit dt waise.
14:48 Shai : 10582 barely holding
14:48 Shai : can drop 10560/ 10547 if not held
14:51 Jitender : only if evm factor was nt tere…clr point made by ppl today
14:51 Shai : the ex CM of Guj is the governor in MP 🙂
14:51 Shai : so that is now decided for BJP
14:51 Jitender : ys
14:53 Praneeth : Jit, below 175
15:00 Shai : farm loan waivers have been announced for Raj adn Chatisgarh
15:00 Shai : watch PSU banks tom
15:00 Shai : they may fall off
15:00 Jitender : more rise 🙂
15:01 Shai : some 1 messaged me saying that BNF rising today cos 9000 CE came back to banks thru Malya 🙂
15:01 Shai : CR**
15:01 Jitender : lol
15:02 Jitender : so he got 15lacs in his a/c 🙂
15:02 Shai : yeah I should ask him 🙂
15:02 MJ : best alert.
15:02 MJ : (14:39) Shai : 40k RS
15:02 Kathir : 🙂
15:02 Shai : 10550- (14:48) Shai : can drop 10560/ 10547 if not held
15:03 Praneeth : +1 jit, below 175 -110
15:03 Shai : 0535 supp
15:04 Jitender : +1 P
15:04 Shai : selling increasing
15:04 Jitender : but Shai did it with farm loan waivers
15:04 Praneeth : oh…
15:04 Jitender : Shai…u got it on WA ?
15:04 Subhodeep : @ shai but isnt this move more of intra player or shorter tf players neutralising or sqauring off their positions?
15:05 Shai : could be
15:06 Jitender : low of the series made 2day as Kris said yday ?
15:06 Shai : Yeah WA. Non market guy
15:07 Dhaval : it ws in Congress manifesto.. so it wil be dne today or tomm
15:07 Jitender : k
15:07 Shai : yes Dhaval
15:09 RK : Shai BNf looks lot of disbn at top today
15:09 Boppanna : Shai tomorrow morning quick opening trade to 26000 or 26320 possible?
15:09 RK : and profile got too thick at top
15:09 Sudheer : yeah same to me @RK
15:09 Sudheer : this positive close might fade out
15:10 Uttam : BNF has not been able to sustain above 26250
15:11 Sudheer : one more data point i see is the call writing in Nifty is a good amount
15:11 Sudheer : at 10400 , 500 , 600 which are immediate strikes
15:12 Sudheer : so those sellers at 580-90 are gonna push it to lower end 10420-440 once again i feel
15:12 Sudheer : BNF
15:12 Sudheer : u never know how this behaves , but we can trust Nifty
15:12 MJ : 550 to 580
15:12 Sudheer : Does that look possible to you over the next two days?
15:12 MJ : one more done.
15:17 MJ : 2ib is nice ref for today to initiate trades.
15:19 Praneeth : shai, good for STBT in bnf?
15:19 Praneeth : or better to avoid
15:21 Shai : Can do STBT in NF
15:21 Shai : DD profile
15:21 Shai : 10630 strict SL for tom
15:21 Shai : should do 10460 anomaly
15:21 Shai : tom
15:21 Praneeth : ok
15:21 Praneeth : ur view on bnf shai
15:22 MJ : If we open gap up above 622ish levels then this can go 800 850 quick.
15:23 Shai : BNF is neutral again 26240 spot
15:23 Shai : that is the expiry level for thurs
15:23 MJ : 6 mins to (14:38) MJ : DHI nf close pahije!
15:23 Shai : should dance around it
15:25 Praneeth : usdinr spiking
15:25 Sudheer : See the selling in 10500CE Nifty
15:25 Sudheer : lot of pink bands
15:26 Shai : yes supply here
15:26 Sudheer : i would bet a gap down tomorrow ! or by expiry we can test today’s low once more i beleive
15:26 Sudheer : were there any big buys at lows today?
15:26 Shai : no
15:26 Shai : COT is begative on day
15:27 Shai : shows liquidation hapoening again
15:27 MJ : Oh nice info Shai.
15:27 Sudheer : Then do you think the move will play out quickly to the upside
15:27 Sudheer : ?
15:28 Shai : for now 630 F is res
15:28 Sudheer : okay
15:28 Sudheer : my only concern is no big buys at lows
15:28 Shai : DD would mean if we open here then we can test 10460 tom
15:28 Sudheer : else i would have had conviction in this move
15:28 Sudheer : and option table also doesn’t support current closing prices
15:28 Sudheer : so betting on shorts
15:29 Sudheer : for next 2 days
15:29 TP : Bye All.
15:29 Sudheer : will review though based on tmrw’s open
15:29 Shai : Bye all
15:29 MJ : Bye everyone. Have a wonderful eve
15:29 Shai : Have a nice evening
15:29 Praneeth : bye all
15:29 Sudheer : Bye all … have nice day
15:29 Bala : Bye all
15:29 Kathir : MP also cong edging
15:29 Kathir : thanks and bye all
15:31 Uttam : thanks All 🙂 have a lovely evening
15:32 Subhodeep : a day when vix was down again to the ower 18.xx
13:24 TP : Shai can you check on ICICIBANK , big greens at lows SC or fresh buyers .
13:59 Shai : looks like RBI’s at 335
13:59 Shai : 338
13:59 Shai : 335 imp spotnl pivot
14:00 TP : tks chief.
14:01 TP : by RBI you meant reponsive buyers in and not …:)
14:20 Shai : RB 🙂 keyboard taken to RBI since yesterday 🙂
14:20 TP : lol
14:54 Madhav : Hi shai, any change in the yes bank range other than the 160 to 183 you specified
14:58 Himanshu : shai ICICI for cash could be taken?