The key to using Order Flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The Order Flow is like a list of trades and helps to know how other traders are placed in the market.
Vtrender helps you to stay on top of the Market by understanding Order Flow. This increases your flexibility, your data analysis capability and your winning trade signals. And you make your existing systems better.
NF
BNF
Room Chat
08:53 Chandrashekhar : GM all
08:53 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/142367053
08:54 Uttam : Good Morning All 🙂
08:54 Uttam : https://vtrender.com/market-profile-analysis-dated-10th-december-2020/
08:55 Vtrender Live : 5 min NF charts – https://join.me/188-356-959
08:55 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647754688?pwd=Z3NYU0tja0J3SE4zVkIydGdQY2FEZz09
08:58 Shai : GM all
08:58 Ankush Jain : morning
08:59 Kailash : GM All
09:00 Shai : we had a neut ext in NF yesterdya and a NV down in BNF with a look at session highs late in the day
09:00 Rohan : GM All
09:01 Shai : Broader NF had an auction completion at 13588 on wed at close which got cancelled out at 13425 yesterday by the 0’s there
09:01 Shai : look at 13400- 13600 as a broad range into next week
09:01 Shai : for intra today we are looking for anything near 13480 to show buyers agaoin
09:02 Shai : 13435 a supp
09:02 Shai : 13555 a supply
09:02 Shai : BNF 30700- 740- zone to watch for supply
09:02 Shai : supp is strong again at 30150-
09:05 Rusi : Gm all
09:14 Chandrashekhar : O-H in BNF
09:17 Chandrashekhar : O-H taken out in BNF
09:17 Uttam : it was all 0s at to C so had to test them
09:18 Uttam : can we get a test of that 30770?
09:18 Uttam : 764 red at top for now
09:22 Uttam : 30600ce from 432-452
09:22 Uttam : can do 474 but booked out early
09:24 K2dt : +1 UG
09:24 Uttam : going for this – (09:18) Uttam : can we get a test of that 30770?
09:24 Shai : Nf wanting to test 13588
09:24 Himanshu : GMall
09:24 Uttam : + Shai ‘
09:24 Uttam : 13425 was a FA
09:24 Uttam : 1ATR AT 13580
09:26 Uttam : done – (09:22) Uttam : can do 474 but booked out early
09:27 Uttam : this also done – (09:18) Uttam : can we get a test of that 30770?
09:29 Uttam : BNF leading today after NF made a good start
09:29 Shai : Buy NF abv 13562 sl of 13541 tgt 13588/ . Buy abv
09:29 Uttam : 30870 coming?
09:30 Prashant : bnf so clean today
09:30 Uttam : green band from start
09:31 Uttam : 30870 aaya kya?
09:32 Uttam : 30750 ref on downside now
09:33 Shai : overnight prem shrunk by over 50%
09:34 Uttam : NF tags the vpoc of 13570
09:37 Rusi : lots of reds trappedin BNF
09:37 Uttam : (09:24) Uttam : 13425 was a FA(09:24) Uttam : 1ATR AT 13580
09:38 Chandrashekhar : this move can be considered as follow up for Neutral extreme in NF uttam?
09:38 Uttam : 30865 done – (09:29) Uttam : 30870 coming?
09:39 Uttam : 13579.3 high – FA rocks
09:40 Shankar : ORR on the cards?
09:40 Viswas : ug you mentioned FA yest at end, perfect 🙂
09:41 Ankush Jain : Red COT since morning
09:42 Sumeet : FA levels are next level precision. Unreal
09:43 Shankar : What is the FA Funda? FA levels will be retested ..Right?
09:44 K2dt : yes Sumeet.. precise to the decimals 🙂
09:45 Uttam : @Shankar that is the second part of the FA but the first part is to look for a 1 ATR & 2 ATR move away from the FA
09:45 Uttam : BNF began this series with a FA at 29000 on exiry day and hit the 2 ATR and has still not revisted that FA so that is now postional support
09:46 Uttam : secodn FA in BNF came this week at 30021 which hit the 2 ATR of 30660
09:46 Uttam : NF gave the first FA of the series yesterday at 13425 and hit the 1 ATR of 13580 today
09:46 Augustin : How is the ATR calculated
09:47 Suril : @uttam So bnf can test 30021?
09:47 Sumeet : its an indicator Augustin. load it, will give you a number which is the average true range
09:47 Uttam : average true range I take of last 14 periods but you can take it as any number
09:47 Augustin : Got it. Ok
09:48 Shankar : Thanks UG..Now when do we look for a move to 2ATR?
09:48 Uttam : @Suril I am looking at 2 ATR from that FA 😉 31298 – (09:47) Suril : @uttam So bnf can test 30021?
09:48 Uttam : NF breaks VWAP
09:48 Uttam : BNF on for a vwap test here
09:49 Shankar : When meaning..what are the signals that we look for?
09:49 Uttam : ability for the auction to stay abive 1 atr means we can look for the 2 atr
09:49 Uttam : plus OF also needs to confirm
09:50 Uttam : yesterday we had big buyers in BNF in that move to 30255
09:50 Uttam : 30750 needs to hold in BNF
09:50 Uttam : for a fresh high to be made
09:51 Uttam : we also have a weekly FA last week in spot with the target for that coming at 31000
09:51 Uttam : so good chance of Spot hitting Shai’s 30996 today
09:51 K2dt : UG i had q query.. for an open to be called a drive does it have to open outside of previous day’s range or within prev day’s range is fine too??
09:51 Uttam : Drive is when we move away from previous POC
09:52 Uttam : most of the times we move out of previouys day range
09:52 K2dt : ok so within is fine too 🙂 tx UG
09:54 Rusi : UG , we have 200 ppint movement from 30580 and all candlrs have negative cot . does it mean so many retails are trapped ?
09:55 Rusi : sorry almost 300 point movement
09:55 Uttam : the red COT could be profit booking by the longs Rusi
09:55 Rusi : ok . thanks
09:56 Uttam : 30870 was the objective of the morning so that is done
09:56 Uttam : now lets see what happens at VWAP
09:56 Uttam : weekly balance also in play as BNF forming a nice bell on weekly so keep that in mind too
09:59 Rusi : weekly means monday to friday ?
09:59 Shai : exit the NF long trade 13572= (09:29) Shai : Buy NF abv 13562 sl of 13541 tgt 13588/ . Buy abv
10:00 KK : If BNF couldn’t extend beyond 1 ATR, so what can be the pull back to ? VWAP oor 30680 ?
10:01 Uttam : yes – (09:59) Rusi : weekly means monday to friday ?
10:02 Uttam : BNF at 30750
10:03 Uttam : 1 ATR was at 30660 KK – (10:00) KK : If BNF couldn’t extend beyond 1 ATR, so what can be the pull back to ? VWAP oor 30680 ?
10:03 Viswas : shai sir why we exit long?
10:03 Uttam : if 30750 breaks then can expect 30690 in BNF
10:04 Shai : earkly demand covered – (10:03) Viswas : shai sir why we exit long?
10:04 Shai : check COT
10:05 Ankush Jain : all red since morning
10:05 Shai : This is also fridat’s supply
10:05 Shai : so we have to see fresh green bands here to take it abv 13590 today
10:06 Viswas : got it sir, yhanks
10:06 Shai : else we drop to 13515 below vwap
10:06 KK : BNF has been rotating 400 points btw 30850 to 30450 or so..
10:06 Chandrashekhar : NF – BNF opp direction
10:07 Tejaswini : No IS still
10:08 Augustin : What does that 139 green box mean in NF
10:09 Uttam : big buyer compared to the 15 red against it
10:10 Uttam : buyer imbalance
10:10 Augustin : ah ok.
10:11 KK : RIL trying
10:11 Uttam : there are 3 color codes to show imbalance – numbers in color / box around the number and bands
10:12 KK : RIL trying to got for that 2080
10:12 Ankush Jain : 531 red flad
10:12 Augustin : numbers in color and box around number – whats the diff
10:12 Augustin : more of % diff between buyers and sellers?
10:12 Uttam : different ratio of imbalances
10:13 Uttam : the band is the higest
10:13 Augustin : Got it
10:14 KK : RIL vs bnf story ..looks like
10:17 Uttam : NF wants to make a C side again?
10:18 Chandrashekhar : 646 reds stuck for BNF below
10:19 KK : yup
10:19 Viswas : second red joining 576 wirth 156, can they stop move here
10:20 Uttam : aa gaya – (10:17) Uttam : NF wants to make a C side again?
10:20 Chandrashekhar : 700 reds again at top
10:20 Chandrashekhar : NF
10:21 Ankush Jain : 13588 bhi aa gya
10:21 KK : now NF for ?
10:21 Chandrashekhar : + c side
10:22 Viswas : we need any band here
10:22 Augustin : If I had not been here, would have been shorting every 10 point upmove here 🙂
10:22 Viswas : only 1IB in NF till now
10:23 Ankush Jain : C side flagged by 704 reds?
10:30 Rajan Modi : Shai , u saved us from emotional capital again; else would have traded NF many times since morng
10:32 Viswas : 3 vpoc incline at 704
10:33 Ankush Jain : that level of 13588
10:34 KK : they need to end auciton better on highs
10:35 Chandrashekhar : 600 reds again
10:35 Chandrashekhar : and 600 greens on top
10:35 Chandrashekhar : needs refresh?
10:37 Chandrashekhar : that green @ top gone now
10:37 Ankush Jain : yes
10:37 Tejaswini : but how come?
10:37 Ankush Jain : Shai told something abt it
10:40 Viswas : bnf below-750
10:40 K2dt : me to nf- bhai krna kya chahte ho :p
10:40 K2dt : sry behen not bhai 🙂
10:41 Uttam : NF to you 😉 – FRyday hai bhai, ghar jaakar beer peene do
10:41 K2dt : looool UG
10:41 Ankush Jain : IS comes
10:41 Ankush Jain : vwap test can come
10:42 K2dt : man i swear trading was so lonely until I joined VT… grateful to the founding father chief _/\_
10:42 Augustin : +1
10:42 Uttam : +100
10:42 Uttam : that 646 stuck red in BNF getting a respectful exit looks like
10:42 Shai : NF short 13582 sl of 13606 tgt 13556 – counter trend trade on C
10:43 Shai : _/|_- (10:42) K2dt : man i swear trading was so lonely until I joined VT… grateful to the founding father chief _/\_
10:43 Shai : same echo- trading can be very lonely without you guys
10:43 Uttam : 30690 here in BNF
10:44 K2dt : :)))
10:44 Uttam : 933 red there
10:44 Sumeet : trade – earn – learn – chat –
10:44 Sumeet : all thats needed are refreshments 🙂
10:44 K2dt : motto to live by S 🙂
10:44 Uttam : 🙂 Sumeet and beverages
10:44 K2dt : lol
10:45 Ankush Jain : chat can be eaten also
10:45 Ankush Jain : 🙂
10:45 Himanshu : UG – Lower range iin BNF is ?
10:45 Uttam : lol chakna A 🙂
10:45 Uttam : A period singles in both J
10:45 Uttam : H*
10:45 Uttam : unless stays below 30690 BNF can get back to vewap
10:45 Uttam : below 30690 that POC of 30615 will be calling
10:47 Augustin : What is the 690 ref here? i think you mentrioned earlier
10:47 Chandrashekhar : now big reds at bottom for BNF…getting stuck?
10:49 Shai : 30810 has consolidated selling
10:49 Shai : can test 30567 on that sell side pressure
10:49 Uttam : +1 oveerlapping POC on 5 mins there
10:49 Shai : sl 30820
10:52 Shai : Just amazed at the sizes coming in BNF futures
10:52 Uttam : 1000 coming at will Shai
10:53 Shai : if SEBI is watching thiey shoukld revise lot size to same as NF
10:53 Shai : 75
10:53 Uttam : 🙂
10:53 K2dt : 😀
10:53 Sumeet : Or theyll add some crazy rule so volumes die automatically 🙂
10:54 K2dt : haha hell no
10:58 K2dt : chief bnf zoom charts time not visible below.. can u adjust it pl
10:58 Tejaswini : @Shai better to short BNF here than NF?
11:02 Prashant : NF hanging around IBH..
11:07 Uttam : stuck green just above vwap in BNF
11:07 Uttam : can it get new lows
11:08 Augustin : Could those have been shorts sl?
11:08 Chandrashekhar : NF playing out today – has been very tricky since morning
11:08 Chandrashekhar : how are the vol uttam? in NF
11:09 Uttam : 30690 holding again
11:10 K2dt : come on nf break vwap
11:11 Shai : 13572 book- (10:42) Shai : NF short 13582 sl of 13606 tgt 13556 – counter trend trade on C
11:11 Gopi : pdh hlding? bnf
11:12 Shai : pdh is irrelevant
11:14 Shai : That guy who shorted at 1055 lots in BNF came out half at vwap
11:14 Shai : he was using pdh to time his entry
11:14 Uttam : 🙂
11:14 Shai : is the zone where max of the retail is found
11:14 Uttam : so the other hald also nbeeds to be rtaken out
11:14 Shai : even vwap these days
11:15 Uttam : yes looks like ppl blindly enter at these 2 levels
11:15 Shai : just think opp os these guys around these zones and see the diff to your account
11:15 K2dt : 🙂
11:15 Rajan Modi : _/\_
11:15 Augustin : 1055 guy is exiting at loss?
11:15 Uttam : of course A paying for a wrong entry
11:16 Uttam : he was never in profit right?
11:16 Augustin : got it. that must be institiional? or retaiil,
11:16 Shai : If retail loses a 100% of the time in this business, we have to just do the opposite of what they d0- It’s a mindset game
11:16 Augustin : yeah. getting it
11:17 Shai : +1
11:17 Tejaswini : @Shai BNF shorts still in rught?
11:17 Shai : 30820 sl for BNF
11:17 Tejaswini : thanks
11:19 Uttam : 1k red
11:19 Chandrashekhar : such big reds
11:20 Chandrashekhar : does that mean all longs are booking out now?
11:21 Shai : 0’s
11:22 Shai : not big
11:29 Shai : 30533 end of auction book full- (10:49) Shai : 30810 has consolidated selling(10:49) Shai : can test 30567 on that sell side pressure
11:30 KK : shouldn’t NF show 520 ..or it will sustain those A singles
11:31 Chandrashekhar : that c side gave Vwap and VAl..though a slow one
11:31 Chandrashekhar : NF
11:32 Favas : big zeros in bnf
11:32 Favas : end of auction? shai
11:33 Suril : what do 0’s mean?
11:34 Jitender : +1 (11:29) Shai : 30533 end of auction book full- (10:49) Shai : 30810 has consolidated selling(10:49) Shai : can test 30567 on that sell side pressure
11:34 Favas : +1
11:35 Shai : yes- (11:32) Favas : end of auction? shai
11:35 Favas : tnx
11:36 Shai : Nf go short now only below 13545 sl oif 13560 for 13515
11:44 Shai : _/\_- (11:34) Jitender : +1 (11:29) Shai : 30533 end of auction book full- (10:49) Shai : 30810 has consolidated selling(10:49) Shai : can test 30567 on that sell side pressure
11:46 Viswas : sir in which scenerio they come down to take 0s? or else we need to wait always to take down 0s.
11:48 Himanshu : So Bhai log – today I rejoice – continous 21 days of green MTM
11:49 Jitender : suberb..congrats
11:49 Himanshu : Thanks to Chief, UG – VT team and all seniors here
11:49 Jitender : wish u many more
11:49 Prashant : wow..winning spree
11:49 Amit Jain : super congrats H
11:49 Uttam : awesome H and more power to you
11:49 Himanshu : Jitubhai thanks –
11:49 Uttam : so beautifully BNF tested that 1152 green level which had the POC of the 0s bar
11:49 Uttam : and headed to vwap looksl ike
11:49 Himanshu : I trade only 3/4 max trade and
11:50 Tejaswini : Congo H. splendid achievement
11:50 Himanshu : this new band thing is sohelpful
11:50 Himanshu : to figure imbalanced movement
11:50 Uttam : webinar Shai had mentioned to get the entry near the POC
11:50 Himanshu : Chief – Pranam Swikar karien
11:50 Uttam : 30565 was the POC and from there now at 30690 in less than 10 mins
11:51 Uttam : 30690 has become a metro station 🙂
11:52 Shai : massive congrats (11:48) Himanshu : So Bhai log – today I rejoice – continous 21 days of green MTM
11:53 Ankush Jain : great going
11:53 Ankush Jain : December has been kind to me too
11:53 Ankush Jain : All green days
11:56 Rajan Modi : Amazing guys!!
11:56 Jitender : Saheer is also here…he is on 75+ days..following DT system
11:56 Prashant : Amazing..
11:56 Anand : DT ?
11:57 Aman Singhania : @ankush j wats ur surname bro?
11:57 Jitender : congo Ankush
11:57 Rajan Modi : UG must be green everyday for over a year now 😉
11:57 Jitender : Anand its daily tgt….
11:58 Viswas : jit how to control laalach, sometimes due to greed i do overtrading small scalp, which turns positive to negative.
11:58 Rohit : Congrats guys..no mean feat ! Inspirational stuff
11:59 Rohit : 21 days…75 days greens…phenomenal !
11:59 Jitender : Viswas…how do u control fear….keep yr mind calm…and once u do DT..never let it go…be clinical n placing a stop
12:00 Jitender : in system…if it hits…its k
12:00 Anand : ok. thank you.. Congrats guys
12:00 Jitender : S is yr best friend..once u r out of a bad trade…mkt gives u many oppr
12:00 Jitender : SL
12:01 Rohit : What is the longest green stretch, if any one knows ? It gives the rest of us a lot of hope to aspire !
12:01 Jitender : wait like a turtle with a sniper rifle…is my motto n style
12:01 Sumeet : thats a great image to keep in mind !
12:01 Jitender : Like Shai’s bnf call today fr 567 was gold…n well defined…why do trades which donthave that kind of r/r
12:02 Sumeet : Grand Master Oogway
12:02 Jitender : never be influenced by noise…always ignore…a broken watch is also rite twice a day…its yr capital…have a system and be discliplined…money will follow
12:03 Jitender : tats it guys..srry to have taken yr time 🙂
12:03 Favas : +1jit
12:03 Shai : +1
12:03 Ankush Jain : @ Aman S, its Jain, Ankush Jain
12:03 Ankush Jain : 🙂
12:04 Viswas : noting jit , i know individual have to take responsbility of account. but after good wiinning streak, one day come where i loose control
12:04 Himanshu : Analysing my last 21 days trade over last qtrs trade log – here are my observations – could be useful.
12:05 Himanshu : 1. No Contra trade – during last 21 days – rather waited at times for upto 1.30 till I get conviction on directional trade
12:05 Himanshu : 2. Most trades are post IB is done and post C
12:05 Viswas : thanks jit for input. i will try my best to follow steps
12:06 Himanshu : 3. Have cut the loss – very quickly for once – if trade did not work in 15/30 Mts – as all the trades are naked Short Options trade..
12:07 Himanshu : 4. On Sharp movement times – G and K could be well managed in reference to day context and Orderflow was very useful ..
12:07 Himanshu : End
12:08 Tejaswini : thanks Himanshu. very helpful
12:08 Aditya09 : true himanshu
12:10 Shai : Good sharing Guys . Gold
12:11 K2dt : great going H..many congrats :))
12:11 Favas : congrats guys
12:11 K2dt : congrats Ankush nd Saheer
12:12 Himanshu : 1. To spot contra trade – is check which side premium is eroding in A – mostly direction till 11.15 is contra to that –
12:12 Viswas : shai sir how you overcome from emotions trading in early days, will be helpful
12:12 Himanshu : so you know – which option to select – Call or Put
12:12 Himanshu : considering long term trend and phase 2 distribution is happening at higher level – weekly/mtly trend is up
12:13 Jitender : tere is one q..u guys havent asked H..wich will gv additional insght ?
12:14 Himanshu : so intermittent intraday trend at the most will last upto first half – 1.30.1.45
12:15 K2dt : wat’s dat Jit?
12:17 Jitender : k..lemme try
12:18 Jitender : H…once u hav waited fr sumtime..have yr h/w in place wrt trend and say at 1.30…wat things u check just before u press F1/F2…or how you decide yr entry price n Sl lvl
12:18 Himanshu : Main thing is previous day working on OF base
12:19 Himanshu : so let say previous day we had A singles and drive up close with positive day – I check weather if profit booking at the EOD was done
12:19 K2dt : u mean big buys and big sells H of prev day?
12:20 Himanshu : then some remaining part if booked at open and max upto 11.15 – then We knwo inventory build up is required
12:20 Himanshu : so market may keep sliding for balancing till 2.30 – K
12:20 Himanshu : and then we can see the movement –
12:21 Himanshu : mostly considering current trend is up – am comforatble shorting puts – instead of calls
12:21 K2dt : +1 H got it
12:21 Himanshu : so either by 1.30 – or 2.30
12:21 Himanshu : when we see comfortable green OF coommitments – also
12:22 Himanshu : I realised one thing at 11.30 – if we check OI of Options also gives clue. mostly one move to retail writers will be done ,, and then confirmed move at 1.30 will come,,
12:22 Jitender : grt H
12:23 Himanshu : if upto only 20% OI is unwinded .. and rest is still intact – then we know move was for traping retail
12:23 Jitender : so u see guys..righte questions hw execution …helps
12:23 K2dt : +100 Jit
12:24 Jitender : if u thin of a setup..always 1st step is to think of reason going into it..2nd SL/ invalidation lvl..3rd tgt
12:24 Jitender : thinnk
12:24 Jitender : it will cut emotion outof it..
12:26 Jitender : keep it up H…looking fwd t yr 90+ day of green mtm’s into next year +1
12:26 Tejaswini : Whoa this room is so lit. Really need some help deducing from orderflow about inventory. I will post my HW everyday on orderflow on Slack . Would really help if I get some comments from you experts
12:28 Himanshu : Jit – 90 Days Hmm – let see can extend this 21 to 90 wil keep u posted,,
12:29 Jitender : u will…….
12:29 Jitender : du=isclipine n calm mind
12:29 Jitender : disclipline
12:29 Himanshu : Yes – That’s so – imp – I have your DP on my desktop
12:30 Jitender : _/\_
12:30 Himanshu : to say this if desired DT is done with in 11.15 – I dont trade for 11.30 1.30
12:30 Himanshu : and then half size in second half
12:32 Uttam : BNF gearing up to give the 4th Neutral Day in 5 days this week is it?
12:33 Uttam : 30538 is this weekly VAH in BNF till yesterday
12:33 K2dt : i also want Jit’s dp H
12:35 Jitender : m nt tat good looking K 😉
12:35 Jitender : Sunny’s wud help
12:35 K2dt : lool Jit
12:35 Jitender : Vishnu has it on his desktop
12:35 K2dt : only for discipline purpose 😀
12:35 K2dt : hahaaa
12:36 Jitender : keeps yr kids pic on desktop….tat is a good reminder of what u r doing n fr whom
12:36 K2dt : but i m not married yet.. only 27 yet
12:36 Ankush Jain : +1
12:36 Ankush Jain : get married K
12:36 K2dt : loool A
12:36 Jitender : 🙂
12:36 Ankush Jain : u got a good reason to get married
12:37 K2dt : when i do will definitely share it with u guys :))
12:37 Jitender : yh join the club…u will understand SLs better 😉
12:37 Rajiv Ohri : 🙂
12:37 Ankush Jain : much better
12:37 K2dt : +100 Jit
12:37 Aditya09 : ya that will keep u disiplined
12:38 Jitender : H shares his ledger with wifey..strong check on over tradn syndrome
12:38 K2dt : :)) nice to have someone to answer too
12:39 Aditya09 : mine cals exactly at 3.31 to check my score
12:39 Uttam : NF new highs for the week
12:39 Uttam : 13599
12:40 Sumeet : reds860
12:40 K2dt : spx blast
12:40 Tejaswini : This will be second time in week that we got a tail in E period
12:42 Shai : Buy 136-00 ce at 94-95 sl of 84 tgt 110
12:42 Shai : 13600**
12:50 Uttam : can we get new highs for the week in BNF also? – (12:32) Uttam : BNF gearing up to give the 4th Neutral Day in 5 days this week is it?
12:50 Uttam : 30820 needs to be taken out on greens
12:50 Uttam : hopefully by end of day we could see new highs
12:50 Uttam : VWAP now the reference
12:50 Uttam : in BNF
12:51 Uttam : not much vols in this rise after that 0s at lows
12:51 Uttam : so a retracement can come
12:53 Shai : exit at 91- (12:42) Shai : Buy 136-00 ce at 94-95 sl of 84 tgt 110
12:53 Shai : conside ra buy later again
12:54 Anand : falling vix slowly eating premiums
13:10 Rajan Modi : Shai, no sell trade now?
13:11 Shai : ranged again
13:11 Shai : tat 863 guy at top killed the demand in NF
13:12 Shai : BNf has to overcome the last of the supply near 30820 for new highs
13:12 Ankush Jain : 13600 ce/pe worh shorting now?
13:12 Shai : 13500 pe = 13600 ce
13:13 Ankush Jain : yes
13:16 K2dt : nf now forming a proper p shaped profile
13:17 Uttam : Friday ko ‘p’ ke hi aayega 😉
13:17 Rajan Modi : lolz
13:17 K2dt : poore weekend talli :DD
13:20 Shai : 135- 136 put call can do 147 sl abv 184 cmp 166
13:22 Shai : pairs are not indicating big move coming
13:22 Shai : vwap/ dpoc confirms
13:24 Ankush Jain : maybe a quiet Friday after two not so quiet days
13:27 Viswas : new low in NF?
13:29 K2dt : 1st trade 457-503 30700pe phew
13:30 K2dt : 966 at lows bnf
13:31 K2dt : nf upar ki tarafRE fail de raha..bnf niche :p
13:31 Prashant : greens in nf
13:31 Uttam : (12:50) Uttam : VWAP now the reference(12:50) Uttam : in BNF(12:51) Uttam : not much vols in this rise after that 0s at lows(12:51) Uttam : so a retracement can come
13:31 K2dt : +100 UG
13:31 K2dt : greens were getting stuck after that rise 🙂
13:32 Viswas : 0s in mid of big red candle in both
13:32 Favas : bnf zeros vs ?zeros
13:32 Favas : shai?
13:33 Uttam : lack of liquidity got those 0s
13:33 Favas : okey
13:33 Uttam : and will now serve as resistance
13:33 Sumeet : Below val BNF is like Old Macdonald. Only E, I and 00s
13:33 Uttam : all weak longs taken out in this move
13:33 Favas : ug plr still up?
13:34 Favas : bnf
13:34 Uttam : weekly balance in play Favas
13:34 Uttam : so need to trade both sides
13:34 Uttam : 30770 & 30820 ref on upside above vwap
13:34 Uttam : one downside below 30536 can go for 30309
13:34 Favas : tnx
13:35 Uttam : mostly this week’s POC could get shifted higher post today
13:35 Uttam : 30690 test coming up again?
13:35 Uttam : today’s POC also right there
13:42 Tejaswini : global markets are really cracking
13:43 K2dt : yes T
13:44 Tejaswini : any news?
13:45 K2dt : no idea T.. they play the same headlines over and over again…when it rises they write on vaccine hopes and when it falls they write no stiumulus :p
13:45 Tejaswini : true
13:47 Uttam : nice balanced profiles in both
13:48 Tejaswini : those 0’s from E period need to be protected bass
13:48 Tejaswini : now big red candle i snp fut
13:52 Viswas : doller index comes in green at same time.
13:52 Shai : short NF below 13545 sl of 13569 tgt 13514
13:53 Shai : in
13:56 Shai : 13527 book half- (13:52) Shai : short NF below 13545 sl of 13569 tgt 13514
13:57 Uttam : 30435 in BNF next level
13:57 Uttam : between 30309
13:57 Uttam : dom doom
13:57 Himanshu : real doom will be to check 30031
13:57 Uttam : 30309 is good enough H
13:57 Shai : tgt done – book full- (13:52) Shai : short NF below 13545 sl of 13569 tgt 13514
13:58 Himanshu : Jaisa Hukum Sarkar
13:58 Sanjib : +1 Shai
13:58 Sanjiv : +1
13:58 Viswas : 480 coming
13:59 Uttam : 30435 here in BNF
13:59 Uttam : below that 30300 on call
13:59 K2dt : 437-512 30600pe..done for the day
14:00 Uttam : for the first time in the day BNF failed to stop at this metro station 😉 – (13:35) Uttam : 30690 test coming up again?(13:35) Uttam : today’s POC also right there
14:00 Uttam : 30677 high it made then
14:00 Uttam : and donw by 250
14:01 K2dt : +1 UG
14:01 Uttam : balance was done in the intra time frame & auction moved away from it
14:02 Favas : ug now selll on rise?
14:03 Anand : nifty ce pe took sl
14:03 Shai : NF chnged course
14:03 Himanshu : NF is dropping fast
14:03 Shai : 13425 -35 obj
14:03 K2dt : just look at that selling tail in nf :)))
14:06 Rajan Modi : Shai, can we sell again now?
14:06 Shai : not here c
14:06 Uttam : 30500 ref in BNF on upside
14:06 Shai : RR better near 13510
14:06 Uttam : can still go for 30309
14:06 Prashant : bnf hanging ard
14:07 Shai : 1890 neg COT had come near 19550 hence I pushed that short below 19445
14:07 Shai : the game changed there
14:08 Shai : 13545**
14:08 Jitender : +1
14:08 Jitender : tere was an algo at 600 defendn along with 545 nf
14:08 Jitender : tey gave good returns
14:09 Shai : +1
14:10 K2dt : Jit whenever u get time can u pl show how ti identify an algo defending/resisting?
14:12 Jitender : K2..see the bnf action round abt Shai gave the nf sel call
14:12 Jitender : 1min chart
14:12 Jitender : 600it was mopping up…spx tankn made sure it gt swamped
14:13 Jitender : n u got 200 bps frm tere
14:13 Jitender : else it cud have 740 easily
14:13 Jitender : hv been
14:13 Uttam : 30309 aay kya?
14:14 Himanshu : K wants to kiss yday’s K
14:14 K2dt : got it Jit…tx so much
14:14 Uttam : (13:34) Uttam : 30770 & 30820 ref on upside above vwap(13:34) Uttam : one downside below 30536 can go for 30309
14:14 Jitender : m nt selln here at 340
14:14 Jitender : just my opinion
14:14 KK : So start of imbalance
14:15 K2dt : chief joinme adjust pl
14:15 Himanshu : NF is brutal today
14:15 KK : if 400 goes ?
14:15 Sumeet : ril melting
14:15 K2dt : 2IB done nf
14:15 Shai : Nf shorts bopok- (14:03) Shai : 13425 -35 obj
14:15 Uttam : 13435 test done in NF
14:15 K2dt : gazabb fall in nf
14:16 Uttam : below that can go to 13380
14:16 K2dt : chief train has definitely stopped on the upside u were 100 percent correct yesterday _/\_
14:16 Arjun : Reliance too fell pretty fast
14:16 Uttam : FA at 13425
14:16 Favas : st for bnf shorts?
14:17 Sumeet : @jit do you keep the 1 min chart for the indices ?
14:17 Uttam : BNF where it 30309?
14:17 Jitender : 5 mins Sumeet
14:17 Sumeet : _/\_
14:17 Uttam : 30435 ref in BNF on upside now F
14:17 Shai : risking 15 points for a ;lomng here
14:17 Shai : 134108 sl
14:17 Jitender : was tryn givn K idea…abt al action
14:18 Jitender : 80 up (14:14) Jitender : m nt selln here at 340
14:18 Jitender : hypo over…
14:19 Shai : +1
14:19 Uma : I never go on naked short on PE at any point of time for simle reason that fear always oversome greed
14:19 Shai : 13408 sl fpor 13465/ 13502
14:20 Shai : deewana trade
14:20 Shai : 🙂
14:20 Jitender : 🙂
14:20 Jitender : _/\_ (14:19) Shai : +1
14:21 Uttam : no fresh selling in BNF below 30435 so far
14:21 Uttam : 30337 is what it gave – (13:34) Uttam : 30770 & 30820 ref on upside above vwap(13:34) Uttam : one downside below 30536 can go for 30309
14:22 Uttam : extension handle at 30533
14:22 Shai : 13435 trailing +10 up- (14:17) Shai : risking 15 points for a ;lomng here
14:22 Uttam : +1
14:23 Jitender : done fr today..have a grt weekend guys…keep Sls in sys
14:23 K2dt : cheers Jit
14:23 Viswas : no relief in spx
14:25 Shai : COT trade- (14:19) Shai : 13408 sl fpor 13465/ 13502
14:25 Shai : saw the COT at lows?
14:25 K2dt : _/\_ gazabbb chief
14:25 Uttam : perfect Shai
14:25 Shai : when retail panic, COT shows the way
14:25 Ankush Jain : +1
14:25 Uttam : BNF laso going for 30535 above 30435 looks like
14:25 Uttam : (14:21) Uttam : no fresh selling in BNF below 30435 so far
14:27 Ankush Jain : another NeuX in making?
14:28 Tejaswini : in NF right?
14:28 Ankush Jain : UG we have FA at top in NF?
14:28 Tejaswini : in BNF it would be just a tad crazy
14:29 Uttam : no A as stayed for more than 30mins above IBH – (14:28) Ankush Jain: UG we have FA at top in NF?
14:29 Uttam : but intersting part it did not tag the 1.5 IB inspite of thayt
14:29 Uttam : you know the RE not doing a good job
14:29 Ankush Jain : yeah
14:30 Ankush Jain : FRY day in work
14:30 Shai : 13510 should come
14:30 Uttam : almost there – (14:25) Uttam : BNF laso going for 30535 above 30435 looks like
14:30 Shai : Hope all safe here?
14:30 Shai : was a quick move
14:30 Ankush Jain : yes SHAI
14:30 Rajan Modi : yes shai
14:30 Sanjiv : great
14:31 Uttam : yes Shai _/\_
14:31 Ankush Jain : Lunch mein sab gadbad
14:31 Amit Jain : yes shai thanks
14:31 Ankush Jain : but situation retrieved
14:31 Tejaswini : Chief we are well protected here under your guidance
14:31 Shai : Never go for lunch on K. K can be worse than a angry girlfriend 🙂
14:31 Ankush Jain : ha ha
14:31 Uttam : 🙂
14:31 Rohit : Hahaha
14:31 Ankush Jain : yes
14:31 Sanjiv : LoL
14:32 Ankush Jain : will have to alter my lunch timings
14:32 Uttam : mine is fixed at 3:35 🙂
14:32 Shai : 13435 supp into clsoe
14:32 Shai : looking at 13510
14:33 Tejaswini : greens in BNF are huge
14:33 Uttam : 30535 aa gaya, ab kya BNF?
14:34 Uttam : back to 30690?
14:34 Uttam : 0s at 30580 minor hugrdle here
14:34 Ankush Jain : 13490
14:34 Shai : (14:15) Shai : Nf shorts bopok- (14:03) Shai : 13425 -35 obj(14:17) Shai : risking 15 points for a ;lomng here(14:17) Shai : 134108 sl
14:34 Shai : (14:19) Shai : 13408 sl fpor 13465/ 13502
14:34 Uttam : +100 Shai
14:34 Shai : cannot do it wthout the Orderflow
14:34 Ankush Jain : Shai this is mindblowing
14:34 Uttam : dewaana trade working out like mad 😉
14:36 Anuj null : really something else