Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
BNF
Room Chat
08:51 Manikandan : GM all
08:53 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/747996285
08:53 Vtrender Live : 5 min NF charts – https://join.me/419-926-339
08:53 Chandrashekhar : GM all
08:54 Vtrender Live : 5 min BNF charts -https://zoom.us/j/8649947494?pwd=S2w4L1VpSGsxYXo3K1BkSzNxV21kdz09
08:57 Giridhar Gowravajhal : GM all
08:57 Ankit Maheshwari : Cracking expiry on the cards today. Lets have a good day guys 🙂
09:00 Sanjeet : GM all…
09:00 Avinash : GM Everyone
09:01 Shashidhar : Good Morning Shai, Good Morning every one
09:01 Shai : GM all
09:01 Santhosh null : gm all
09:01 Shai : 10147 – yesterday’s big seller ref line for the auction today
09:02 Shai : yesterday was a balanced day and we expect an open in this balance with support at 10067 and 10036
09:02 Ankit Maheshwari : AGR at SC today around 11 AM
09:02 Shai : for any reaction we need a break of 10036 during session hours
09:02 Uttam : Good Morning All 🙂
09:02 Shai : bias down below 10147 per the discussion we had yesterday
09:03 Shai : 20900 ref line in BNF
09:03 Shai : expect a downwards probe if 20900 is taken down with volumes
09:08 Ankur null : gm
09:09 Ankit Maheshwari : Chief can we scroll down BNF MP chart a bir please
09:09 Ankit Maheshwari : *bit
09:10 Himanshu : GM All
09:10 JayJ : screen sharing is on or off
09:10 JayJ : unable to view
09:11 Ankit Maheshwari : Its on
09:11 Tejpreet : GM All.
09:11 JayJ : done
09:12 AnilR : GM All
09:14 Ashwath : GM all
09:17 Shai : opoen at second ref point- (09:02) Shai : yesterday was a balanced day and we expect an open in this balance with support at 10067 and 10036
09:18 Shai : BNF open at ref
09:18 Chandrashekhar : good support/buying coming here SHai
09:20 Shai : Intra – short NF below 10033 tgt 10006 sl of 10056. short below only
09:23 Uttam : 80% rule in NF?
09:24 Uttam : boom boom time
09:25 Uttam : good buying once again at 10040
09:25 Uttam : was an FA before & that level still holding
09:25 Naresh Dubbudu : 80% rule Uttam?
09:26 Uttam : yesterday well balanced profile
09:26 Uttam : plus 6-day composite value at 10032-10094-10188
09:26 Uttam : so good chance of getting back to 10094-10100
09:27 Ashwath : Shail, Zoom chart BNF 5 mins one, Can u please hide toolbox, unable to see the price left side
09:28 Uttam : 10050 needs to hold here in NF
09:29 Ashwath : thanks
09:29 Sourav : in banknifty price is not visible
09:29 Sourav : now it is okay
09:30 Shai : BNF steady abv ref – (09:03) Shai : 20900 ref line in BNF
09:31 Shai : 10086 to watch
09:31 Uttam : boom boom
09:31 Uttam : je baat
09:31 Uttam : 10051 low – (09:28) Uttam : 10050 needs to hold here in NF
09:31 K2dt : agr verdict here?
09:32 Ankit Maheshwari : 11am
09:32 Prateeek : yes. seems so
09:32 Uttam : BNF giving a slow drive from that prominent POC
09:32 Chandrashekhar : 12.30 is what i heard Ankit
09:33 Ankit Maheshwari : 10100CE from 25 to 35 🙂
09:33 Uttam : Done – (09:23) Uttam : 80% rule in NF?(09:24) Uttam : boom boom time(09:26) Uttam : so good chance of getting back to 10094-10100
09:34 Avinash : +1 UG
09:35 Uttam : 21oooce from 890 toi 960
09:35 Uttam : 10100ce from 200 to 228
09:35 Tejpreet : Excellent commentary +1 Uttam
09:35 Giridhar Gowravajhal : *1 UG
09:35 Uttam : ho gaya opening trades
09:36 Uttam : _/\_ thanks guys
09:36 Ankit Maheshwari : Yes, will wait for pig slauthering 🙂
09:36 K2dt : thanks to u UG
09:36 Uttam : 10099
09:36 Shai : Intra -0 short NF 10080 sl of 10110 tgt 10039/ 10003
09:37 Govind : COngo Uttam, I went long in BNF – 238 to 322 in the 21k CE…early divergence in the two indices
09:37 Uttam : thanks Gov & congo to you too
09:40 Govind : thanks man
09:40 Govind : SPX continues to drop, FYI
09:41 Prateeek : global markets down in general. news keeping indian indices up. imo
09:42 Naresh Dubbudu : I rode BNF 21K CE from 180 to 286. Now waiting for the dip come for a long move entry later.
09:42 MJ : Chief: nice reference for early morning trade +1
09:43 Naresh Dubbudu : Uttam. 80% rule?
09:43 Chandu : uttam long trade u hav taken in bnf based on yday POC support
09:43 K2dt : congrats Gov and eagle eyes UG
09:44 Uttam : NF taking sup at VWAP>
09:44 Tejpreet : Uttam does 350 in bn in A only……1000 pssible 😉
09:44 Uttam : lol Tej
09:44 Uttam : 3 IB wala expoiry today?
09:45 Tejpreet : +1
09:45 Uttam : 10100 getting tagged daily since Shai made it his level
09:45 Govind : Thanks K2
09:45 Uttam : reversed in a big way from there
09:45 Uttam : NF is lower part of yesterday’s profile and BNF in the spike zone
09:45 Tejpreet : Congrats to all the morning greens
09:47 Ankit Maheshwari : Lets get to 10036 now
09:47 Ankit Maheshwari : C’mmon motabhai support the cause
09:47 Uttam : green band of that IB candle in NF lending support for now
09:47 Uttam : VWAP also tjere
09:51 Shai : NF 10064 reduce half here and sl to cost on rest- (09:36) Shai : Intra -0 short NF 10080 sl of 10110 tgt 10039/ 10003
09:52 Uttam : +1
09:56 Shai : Exit the reamining qty
09:56 Shai : Auction has gone open ended too quickly
09:57 Shai : we continue in old balance
10:02 Rajesh : open is OAIR in both right uttam?
10:03 Tejpreet : Buyers in no mood to give up till the verdict comes.
10:05 Ankit Maheshwari : I am playing for 10240 (will watch reaction at 10110 and 10147 ranges)
10:09 SagarK : it will be very difficult to cross yesterday high, it can break only with very good newa
10:09 SagarK : news
10:10 Ankit Maheshwari : Yes got into 10200CE at 7 risk a part of profits taken to 101K ce morning
10:15 SagarK : retest of vwap
10:21 Avinash : IB Range is lowest in 12 days
10:24 Ankit Maheshwari : C side?
10:26 Shai : Auction went open too quickly
10:27 Shai : watch D and E to see if we make HH or a LL
10:27 Shai : if not K could be the mover today
10:27 Shai : K, L,M
10:27 Shai : for now save emotional capital
10:28 Shai : would be needing 100% of all of you for afternoon show
10:28 Ankit Maheshwari : +1 Shai
10:28 Ashok null : sure Chief
10:28 Sanjeet : Thank you sai for important update and guiding us properly…
10:29 Avinash : Sure Shai
10:29 MJ : I am waiting for the bacon hunt Shai 🙂
10:33 Shai : 🙂
10:34 Shai : For the hunt to begin, the bait is made nice and creamy, so it can attract the right kind 🙂
10:34 Shai : consider ad mode On
10:35 Abhishek : well said shai
10:35 SagarK : SPX sellig continue interesting time ahead
10:37 Abhishek : dow f dn 400
10:37 MJ : Yes chief. When auction advertises, get glasses out.
10:37 MJ : For now this rotations are giving daily bread.
10:38 Shai : 20930 opened again in BNF
10:39 Shai : that reds in BNF have sl abv 21155
10:39 Shai : NF sl still 10088
10:41 SagarK : dow F -475 and our market holding 🙂
10:42 Prateeek : indian indices are becoming atmanirbhar
10:42 K2dt : lool so true Prateeek
10:42 MJ : Lol Prateeek
10:43 SagarK : Shai todays webinar will be for 30 mins ?
10:44 SagarK : asking because i have office call at 9PN P:)
10:44 Shai : 45 to 60
10:45 SagarK : OK thanks
10:45 Shai : getting there – (10:38) Shai : 20930 opened again in BNF
10:46 Shai : All the morning lo9ngs wound up in NF
10:47 Chandrashekhar : 1.5 lac greens…new buys Shai?
10:47 Ankit Maheshwari : 10040 level trying hard
10:47 Boppanna : Nice BNF trade Shai
10:47 MJ : Chief that 10147 guy exiting here?
10:48 Uttam : 10032 low – (09:26) Uttam : plus 6-day composite value at 10032-10094-10188
10:48 Shai : yesterday big selleer covering in NF
10:48 Uttam : that too at a nice level 🙂
10:48 VijayT : +1
10:49 Vishnu : greatttt
10:49 Abhishek : we are below yday low of 10040 on nf
10:49 Tejpreet : got his 100 🙂
10:49 Chandrashekhar : IS with big positive COT
10:49 Shai : (09:01) Shai : 10147 – yesterday’s big seller ref line for the auction today(09:02) Shai : yesterday was a balanced day and we expect an open in this balance with support at 10067 and 10036(09:02) Shai : for any reaction we need a break of 10036 during session hours
10:50 K2dt : +100 chief
10:50 Ankur : 🙂
10:50 Shai : new bias below 10030 now
10:50 KK : chalen VWAP
10:50 Uttam : FA at lows will be nice 🙂
10:53 KK : yesterday also, they defended this zone around 10030..some followup greens would be nice to confirm
10:57 KK : If VWAP comes , and some more buyers come to threaten the 10K CE writers would be fun to watch
11:00 Suresh : 0s in middle of candle
11:01 Chandrashekhar : 66K greens at lows here
11:02 Tejpreet : Shai SL remains at 100088
11:03 Chandrashekhar : these greens are shorts booking out Shai?
11:03 Uttam : 9980 coming
11:04 Tejpreet : +1
11:04 Uttam : 75k stuck?
11:04 KK : 75K at lows
11:04 KK : exactly at 10017
11:05 KK : yup + 1 UG
11:05 Uttam : BNF has 50k green
11:06 MJ : Any news on telcos?
11:06 MJ : Out yet?
11:07 Ankit Maheshwari : 75 reds at NF low
11:07 Chandrashekhar : the AGR is at 12.30 is what i read
11:08 Abhishek : yes
11:08 MJ : Thanks Chandrashekhar.
11:08 Prateeek : will hear the case at 12:30
11:08 Ankit Maheshwari : This 1 lac cot is retailers?
11:08 MJ : Keep us posted P.
11:09 Prateeek : yes brother.
11:10 MJ : We had 95k too in bnf yest. this 54k looks like part exit of that biggie?
11:10 RiteshM : ZOOM CHARTS LINK PLZ
11:10 Uttam : that 95k had 0s all over so not one order it was
11:10 Uttam : but this 54k green has no 0s below it
11:11 MJ : Oh thanks Ug.
11:11 Uttam : in fact some 6 rows of 0s i think it had
11:11 MJ : Yes just saw. Full array of 0’s
11:11 Jitender : tis is the biggesd ID fall in spx in quite sum tine…just fyi guys
11:11 Jitender : hv done my labour n stayn away till 1pm
11:12 Uttam : this is not fair Jit 😉 we did not rise like them but fall like them ;-p
11:12 Jitender : rest u guys r mature to understand tat mkt can kill yr capital today
11:12 Tejpreet : +1 Jit
11:12 Uttam : yes Jit mornign hits done so no trades till 1 now
11:12 Suresh : kept strict SL and trailing only
11:12 Jitender : u were the first off the blocks UG…followed u today 🙂
11:12 Jitender : 1 trade till now
11:12 Uttam : _/\_
11:13 Uttam : charts gave a sign at open today
11:13 Uttam : very rarely I trade so early in the day
11:13 Jitender : +1
11:17 Uttam : 10018 was a VPOC in spot – got tagged today
11:17 Uttam : getting there – (11:03) Uttam : 9980 coming
11:18 Uttam : another 79k red at these new lows
11:18 Himanshu : Market is nervous of SC verdict
11:18 Uttam : yeh ho kya raha hai bhai?
11:18 Uttam : just like RBI days, today’s references will be important for the rest of the series
11:18 K2dt : kal mkt khatam hone se pehle rally to aise ayi thi jaise aaj aur 200 upar jayega nifty… aaj dekho :p
11:18 Ankit Maheshwari : What if these turn out to be late sellers 😀
11:19 Uttam : or logns getting their SL hit
11:19 Himanshu : Yes, if 20 Years time is given for AGR payment -Govt will have longest moratorium
11:19 Ankit Maheshwari : Lets drive north now
11:19 Uttam : RB here so IB will be sign of a move to VWAP coming
11:20 Himanshu : and on other hand – Reliance is flushed with money ,, so one who can pay is not owing govt and rest who can go bankruppt is seeking relief – catch 22
11:20 Uttam : 10020 is where that earlier 75k red was there
11:20 Uttam : and got support
11:21 Himanshu : Identical entry – 73125 -#
11:21 Himanshu : Relaince is steady ,..
11:22 Avinash : 79125S 73125B
11:22 Himanshu : so will be used for saving the day above 10K it seems
11:23 Uttam : entry back above 10032 will be nice
11:24 Uttam : RB+IB in NF
11:24 Uttam : IB in BNF too
11:24 K2dt : +1 UG
11:24 Uttam : vwap coming?
11:24 Ankit Maheshwari : VWAP time
11:24 Uttam : 10032-40 now ref
11:26 K2dt : 1230 SC verdict.. was 11 earlier
11:27 Uttam : 10030 so far – (11:23) Uttam : entry back above 10032 will be nice
11:29 Ankit Maheshwari : Late shorts around 10K, these could be their SL?
11:30 Vishnu : no fa ug as stayed blw ibl more than 30 min ?
11:30 Uttam : yes Vishnu
11:31 Chandu : uttam contex is dwn right? hw could v read these RB +IB
11:34 MJ : 10030 cross pahije.
11:35 Uttam : 10032
11:36 Uttam : RB means old business so shorts could be booking out & IB is initiative so fresh long could be in – (11:31) Chandu : uttam contex is dwn right? hw could v read these RB +IB
11:36 Uttam : RB+IB is a strong signal for a reversal & a move in that direction but we need to keep a track of how good a job they are doing
11:37 Uttam : for exammple here they need to get above 10032 then above VWAP
11:39 Uttam : we also have the confrimation of yesterday’s big seller exiting too
11:39 Uttam : so PLR for now is up till that IB candle is sustained
11:39 Uttam : but if they do not take out 10032 can trigger another move down as all these greens could get hit
11:40 Narendra : plr??
11:40 Uttam : event day today so better to wait for nrew to get out of the way
11:40 Uttam : PLR = path of least resistance
11:40 Ankur : Good explanation Uttam ..
11:41 Narendra : thanks uttam
11:41 Uttam : +1 🙂
11:41 Vishnu : 10004 low of ib candle
11:41 Sreeram : thanks uttam for your best explanation
11:41 Ketan : +1 uttam
11:42 Uttam : _/\_ have been learaning it all here in the room only guys
11:44 Shai : F begins
11:44 Shai : 10034 ref line in F
11:44 Shai : can movbe down to 9966
11:46 Shai : Auction moving lower on IS but has a few big guys closing old shorts
11:46 Shai : if you see new reds can short
11:53 K2dt : 10032 dot
11:53 Shai : Buy 1000o pe at 1489of 18th June sl of 138 tgt 174. Trade 50% size
11:53 Shai : 149*
11:58 Shai : 10036 is the correct one – (11:44) Shai : 10034 ref line in F
11:59 Shai : down from 1033.75
11:59 MJ : Cheerio
11:59 MJ : that ext handle na chief?
11:59 Shai : remember this as a new auction – (10:50) Shai : new bias below 10030 now
11:59 MJ : Okay bossman.
12:00 Shai : if breaks below 9999, will drop very fast’
12:00 Uttam : 1000pe from 220 to 230
12:00 Shai : +1
12:01 Shai : 161 book half and ride at cost the rest- (11:53) Shai : Buy 1000o pe at 1489of 18th June sl of 138 tgt 174. Trade 50% size
12:02 Uttam : +1
12:02 MJ : 10200 pe 177 194.
12:03 MJ : Cheers chief and ug
12:03 Shai : still waiting for 9966 on rest
12:03 MJ : bnf mein aur dard?
12:04 Shai : only if 20740 breaks
12:04 MJ : 222- 272 – covered 21k pe
12:04 MJ : holding small.
12:05 Uttam : 9980 darshan de do
12:07 Ankit Maheshwari : 101K CE writers looking very confident
12:08 Ankit Maheshwari : 20% volumes added in last 45 mins
12:08 Chintan : so does 9900 PE writer
12:08 Uttam : lets wait fro 1230
12:09 Chintan : looking for anyone of them giving up
12:09 Uttam : dPOC all set to shift lower in NF
12:10 Uttam : BNF also now at 20900 yesterday’s level
12:11 Boppanna : BNF 1TF since B.. NF has 4 min for F to do a LL
12:11 Uttam : minuscule LLs Bops
12:11 Uttam : not doing a good job that OTF fellow
12:11 Uttam : could not even go below pVAL
12:12 Boppanna : expiry slowness I think Uttam should get a spring after 1pm or europe opening
12:14 Uttam : yes Bops and that so called event also there na at 1230
12:14 Boppanna : oh ok
12:18 Swapnil : IDEA hits lower circuit ahead of SC judgment
12:18 Swapnil : IDEA/vodafone
12:18 Shai : 🙂
12:18 Ankit Maheshwari : So BNF should fly
12:20 Shai : 171
12:20 Uttam : 1.4L green
12:20 Uttam : just abv 9980
12:21 Shai : trade at 170- book full- 11:53) Shai : Buy 1000o pe at 1489of 18th June sl of 138 tgt 174. Trade 50% size
12:21 Boppanna : +1 Shai
12:21 Shai : sat out a full half an hou and was waiting for retest of that broken 10136 and red COT
12:22 Shai : patience pays
12:22 Shai : 🙂
12:22 Uttam : +100
12:22 VijayT : +100
12:22 Avinash : +1 Shai
12:22 Ankur : 🙂
12:23 Shai : D, E F, G all LL- (10:27) Shai : watch D and E to see if we make HH or a LL
12:23 Shashidhar : +1
12:23 Ketan : +1 shai
12:23 Shai : This RB is the irritant else would have gone 4X size on such a clean setup
12:24 Uttam : true Shai
12:24 Uttam : Done (12:05) Uttam : 9980 darshan de do
12:24 Shai : don’t know who these guys are both some are buying dips
12:24 Uttam : b) Staying below 10110, the auction could test 10068-32 / 9980 & 9932
12:24 K2dt : 161k bigg
12:24 Vivek : sunny deol typre extension of dates possible
12:25 K2dt : lol Vivek
12:25 Uttam : lol Vivek – tareek pe tareek
12:25 MJ : Chief playing for longer tf these greens?
12:25 Shai : down from 10033 to 9976- (11:44) Shai : 10034 ref line in F(11:44) Shai : can movbe down to 9966
12:25 Uttam : +1000
12:26 Ankur : Uttam…1.61 L greenss..were these the SL orders which got triggered ?
12:26 Ankit Maheshwari : 10100CE at 6 Where is supply Chief?
12:28 Uttam : no Ankur, that is a fresh buy looks like
12:28 Ankit Maheshwari : Are these 10700 buyer on dip?
12:28 Uttam : Sl orders will have 0s around it
12:28 Ankit Maheshwari : Like we saw at 9850 odd levels last week?
12:29 MJ : 740 shai your ref getting more vols on bnf.
12:29 Shai : we never buy on RB’s
12:29 Shai : if you recollect last week thursday we had similar activity
12:29 Shai : And we waited for IB’s
12:29 Chandu : guys wer could v get supply/demand for option charts
12:29 Uttam : yes
12:30 Swapnil : IDEA violently out of lower circuit
12:30 Shai : RB/ RS are old business
12:30 Shai : right now market is with IS
12:30 Uttam : +1 and seller has been drviing it lower sonce A period
12:30 Shai : yes
12:31 Ankur : Thanks Uttam
12:31 Uttam : ext handle was at 10040
12:31 Uttam : which held in that rb+ib whcih meant that seller was more aggresive
12:31 Uttam : and came back at ext handle
12:32 Uttam : ploarity change happening at 10040 today
12:32 Uttam : was support since last week & now res
12:32 Jitender : 710 of yday in bnf 🙂
12:32 Uttam : doom doom
12:32 Uttam : SC news out
12:32 Sushil : whats impliacation of LL in DEFG..
12:32 Uttam : 9932 next in NF
12:33 Vishnu : 3ib dedo
12:33 Uttam : we have been treding lower – (12:32) Sushil : whats impliacation of LL in DEFG..
12:33 Uttam : trending*
12:33 SagarK : dow also killing
12:33 SagarK : -550
12:33 Uttam : so you know who is in contol of the auction
12:33 Uttam : DOW also affected by SC ruling 😉
12:33 Vishnu : 9933 hvn
12:33 SagarK : lol
12:34 MJ : Chalo dard acha hai. bnf.
12:34 MJ : All out bnf 21k pes
12:34 Sushil : thanks UG , means down trending for rest of the day ?
12:34 Uttam : we keep followig it up with everry TPO Sudhil
12:34 Uttam : Sushil*
12:35 Uttam : if the OTF stops that will be an indication that probe lower for the day could be done or we may be getting a pull back
12:36 Sushil : tx
12:36 Shai : trade below 9966, is an easy 30 points- (12:33) Vishnu : 9933 hvn
12:36 Ankit Maheshwari : What is OTF?
12:36 Vishnu : +1 shai
12:36 Rajesh G : why 9966 so important shai
12:36 Vishnu : 9967.5 low
12:36 Uttam : OTF = Onbe Time Frame
12:36 Shai : old buyers there
12:37 Rajesh G : ok
12:37 Uttam : 9966 nice number 😉 double 69
12:37 Shai : has been an easy ride so far
12:37 MJ : Cheif any najar on dukaans?
12:37 Shai : now the job cut out for sellers
12:37 Swapnil : @Uttam – SC verdict still awaited right.
12:37 Ankit Maheshwari : yes
12:37 Shai : 9966-9933 are haevy buyers
12:37 Uttam : I do not followe news while trading Swapnil so do not have a clue
12:37 Seshadri : heard psotpoend till sept
12:37 Swapnil : 🙂
12:38 Swapnil : Just asked because you said “SC news out” but i couldnt find it. 😉
12:38 Uttam : I was also asking 🙂
12:38 Ankit Maheshwari : Still awaited SC verdict
12:39 Ankit Maheshwari : AGR results to take more time
12:40 Shai : bharti also collapses
12:41 SagarK : SC making position
12:41 K2dt : lmao Sagar
12:42 Vivek : sunny deol is a legend
12:42 Tejpreet : Shai 10k combo a good long around 50 ?
12:42 Abhishek : rofl sagar
12:45 Shai : not very good Tej
12:45 Shai : range is 9933- 10035 for now
12:45 KK : SPX green a lil let’s see how they close this candle
12:45 Shai : unlesss a big spike comes we remain here
12:45 Shai : 10000 pe closing?
12:46 Ankit Maheshwari : 10000pe writers already started moving away
12:46 Ankit Maheshwari : Is that SC candle?
12:46 Tejpreet : tks chief
12:47 Tejpreet : i think post verdict , expiry move of 1 IB pending.
12:48 Ankit Maheshwari : 9963 low
12:48 Prateeek : AGR hearing is likely to get delayed. Tech issues being ironed out for virtual hearing. And there is one more case to be heard before AGR case
12:49 Shai : 28-30 supp in 10000 pe
12:50 KK : so let’s take it to 30 then
12:56 Shai : 9933- `10036 range to break
12:56 Chandu : shi hw to mark these levels fr trading
12:57 Chandu : shai hw to mark these levels
12:57 Shai : scroll up- have explained
12:57 Ankit Maheshwari : Poor low in BNF
12:57 Jitender : hearn begins
12:58 Shai : what is expected Jit?
12:58 Shai : I mean expectation of street
12:59 Jitender : relief
12:59 Shai : okay. Thanks
12:59 Jitender : wc
13:00 Jitender : but the gov will submit affadavit fr it
13:00 Jitender : so lets c if judgement is pssd or its acceptd fr nxt date
13:01 Swapnil : 2 points of contention – a) whether self assessment of taxes by telcos holds merit or if govt prescribed due hold true.. b) amount in a) is allowed to be paid over 20 years without any additional interest
13:01 Shai : nice. Thanks
13:02 Jitender : only b
13:02 Ankit Maheshwari : IB 🙂
13:02 Jitender : a is nt valid
13:03 Jitender : was decided lst hrng
13:03 Ankit Maheshwari : Shai lets kill 101K Call?
13:03 Rajesh G : chart stuck
13:03 Uttam : boom boom
13:03 Uttam : charts fine Rajesh
13:03 Uttam : and fully greens
13:03 Uttam : 1L COT
13:03 Uttam : 50k COT in BNF
13:03 Uttam : chalo chale
13:04 Uttam : VWAP here
13:04 Uttam : and that ext handle
13:04 Uttam : 10032
13:04 Uttam : high in NF so far
13:04 K2dt : 54-81 9950ce
13:04 K2dt : done for the day
13:04 Shai : +1
13:04 Shai : 11032
13:05 Shai : 10032
13:05 Swapnil : ok Jitender
13:05 Uttam : congrats K2dt
13:05 K2dt : thnx chief and UG
13:05 Uttam : (09:26) Uttam : plus 6-day composite value at 10032-10094-10188
13:05 K2dt : CHief’s heavy buying levels helped 9933-9966 🙂
13:06 Ankit Maheshwari : 10K CE next week from 163 to 173 🙂
13:06 K2dt : congrats Ankit
13:08 Shashidhar : 4 Lakh volume and the CO is just 10% does this mean balance Shai / UG?
13:08 Ankit Maheshwari : Thanks 🙂
13:09 Ankit Maheshwari : Shai SL for these greens in NF?
13:11 Shai : same auction no change
13:11 Shai : (12:56) Shai : 9933- `10036 range to break
13:12 K2dt : SC asking undertaking frm banks that they will pay dues in time
13:12 Shai : can buy 10100 ce of 18th abv 133 sl of 115
13:12 Shai : Abv only* not here
13:16 KK : how can bank give undertaking..are these judges even qualified ?
13:16 Shai : 20680 shoulkd retest in BNF
13:16 KK : Sabh girega jahan aisi higher courts hongi
13:18 KK : Half of them are not even that educated..I am thinking of becoming a judge for fun sake now..
13:18 Neeraj : fully agreed KK
13:18 K2dt : IS followed by IB
13:19 Prateeek : judiciary is the mostconcentrated family endeavour
13:19 Shashidhar : Prateek are you saying KK has low chance 🙂
13:20 Prateeek : nope. I willsupport him’
13:20 Shashidhar : 🙂
13:20 KK : **tiya SC..bye guys..disappointed in this country as always…Saal** ke dimag mein itna Kachra hai ki..it will take 3 gens to clean it up
13:20 Tejpreet : punished from vwap 151 to 172 on 10k pe next week….looking for 200 on rest.
13:21 Ankit Maheshwari : 21K PE from 253 to 283 on Shai’s note on 20640 retest
13:21 SagarK : same tej nifty frm 10026 to 9984
13:22 Tejpreet : +1
13:24 Shai : +1
13:24 Shai : I have been doing that chap from 140 onwards
13:24 Shai : hoping for 217 on the few I have left
13:25 Shai : 139 TSL
13:25 Swapnil : SC quashes govt demand from PSU. Govt says we thought we were required to. :p
13:25 K2dt : lol
13:26 Ankit Maheshwari : Shai in BNF can we still go for 20640
13:26 Ankit Maheshwari : ?
13:26 SagarK : what nonsense is being done in the name our judgment – these are words froom SCl lol
13:27 Prateeek : these days high courts are better than sc.
13:27 SagarK : on psu
13:27 Shai : yes BNF 20680 doable
13:28 KK : only angle is that Jio is paying them
13:28 Shai : those watching bhart today track 577 which would mean the worst is in
13:28 Shai : Am lookking at 660 MT if 577 taken out today
13:28 Jitender : justice says 20yr is long time
13:29 Jitender : to gv
13:29 Himanshu : Reliance is improving on that
13:29 KK : infact 100% he is paying them
13:29 Himanshu : and Banks are dumped
13:29 SagarK : ok Shai doing 2% sclap since 530 level
13:29 Shai : 20677- (13:16) Shai : 20680 shoulkd retest in BNF
13:29 SagarK : will watch
13:30 K2dt : sc holding puts guys
13:30 KK : when does expiry games start..10K CE at 11
13:30 Uttam : RS right at VWAO in both
13:30 Jitender : 20.9pe 173-275 ..5 min trade (13:28) Jitender : justice says 20yr is long time
13:30 Sanjib : Bharti 565 to 560 half done
13:30 Uttam : VWAP
13:30 SagarK : no time extension for long period may be not good for telecom
13:30 Uttam : typical trend day set up
13:31 Chandu : jit wer can v gat these companies cases list n hearing dates.., any website
13:31 K2dt : same logic trade Jit.. congrats 69-84 10050pe
13:32 Jitender : +1
13:32 Jitender : sc website
13:32 SagarK : dow also not liked SC verdict
13:33 Jitender : dow doesnt care
13:33 Himanshu : Seems – Reliance COM’s faliure is well planned reveanged – by Jio .. atleast one of them – will go down drain – from compettion,,
13:33 K2dt : +100 agreed Himanshu
13:33 SagarK : in for next 30 points shai ?
13:34 Himanshu : MRPL was Birala Venture .. and Reliance made sure that they are only private player in refining
13:34 Himanshu : and Birlas had to sell it to ONGC
13:34 Shashidhar : Shai 9966 taken out, can we expect 9933
13:35 K2dt : MDAG is Amazon of India.. he wants to do anything and everything and drive everyone else out of biz
13:36 Himanshu : The One of the arguement ( Poor point) that – if Vodaphone goes out of business – current incubmnet does not have porting capabalities for such large customer base.. and court asking persobal gurantee
13:36 Shai : sell near 9980 with sl of 10012
13:37 Shai : tgt 9933
13:37 Himanshu : WHo will give personal gurantee against JIO ‘s future play,,,
13:37 K2dt : no one stands a chance
13:37 Jitender : 3x day…just 4 trades….done fr the day
13:37 K2dt : +100 Jit
13:37 Jitender : expiry closed 🙂
13:37 Shai : ignore that sell
13:37 K2dt : dukaan bandh Jit 😀
13:37 Shai : BNF could be getting donw heree
13:38 Shashidhar : ok
13:38 Jitender : yup K
13:38 Jitender : another SC judgement 2mrw…so be mindful of tat guys….tc
13:39 Sanjeet : can we sell bnf then at current level
13:39 K2dt : thnx Jit.
13:39 Shai : wait mode here- no new positions
13:39 Shai : BNF has deep buying/ sc here
13:40 Raunaq : bnf has huge oi in 20500 put
13:40 Raunaq : it might bounce back
13:40 Shai : okay
13:41 Shai : spx F are at the pre Non fram level
13:41 Shai : All that surf washed
13:46 Rajesh G : test
13:47 Ankit Maheshwari : 10K CE writer confident depsite being so near
13:47 Shai : 3 is SL in 10000 ce
13:48 Shai : but we can buy abv 25 for 46
13:49 Shai : early writers are strong at 46 in that 10000 ce
13:49 Shai : diff to break them now
13:49 Tejpreet : 13 you meant Shai for that 10k ce
13:49 Tejpreet : sl
13:49 Shai : ties up with 100036 supply NF
13:50 Shai : No 3 🙂
13:50 Shai : not ripe yet to pick
13:50 Shai : or abv 25 gets me interetsed
13:50 Shai : interested
13:50 Tejpreet : got it
13:53 Govind : Uttam, 7 day comp now in BNF? as of now
13:53 Uttam : yes Gov BNF tags that comp VAL
13:53 Uttam : 20595 it was
13:53 Govind : yeah it did 🙂
13:54 MJ : 4th june profile in sight? poor lows there too.
13:55 AnilR : Hearing postponed to next Thursday
13:55 Vivek : sunny deol ki jai ho
13:55 Swapnil : ue to an error in the VC connection, the Bench has been disconnected. The lawyers are now discussing methods with which they disinfect their homes and offices. Sr. Adv. Sibal states that he has installed a machine in his chamber which disinfects files as well.
13:56 Swapnil : Sorry for the distraction with above message.
13:56 Uttam : typical TRend Day forming with H period giving the PBH
13:56 K2dt : sc adjourns hearing till 18th june
13:56 Uttam : 3IB in NF also around that 9933 llevel
13:56 Uttam : BNF has a vpoc at 20300 I think
13:56 Vishnu : not seeing any good cot here shai for shorting?
13:56 Govind : 20384?
13:56 Rajiv Ohri : UG aaj 3IB dikhao ge?
13:57 Ankit Maheshwari : 9950 break hua to 4IB bhi dikhega 😀
13:57 MJ : 3ib just above that 9933
13:57 Uttam : (09:44) Uttam : 3 IB wala expoiry today?
13:57 MJ : at 9936.
13:58 Prateeek : next agr hearing on 18th – next expiry. Lol
13:59 Uttam : SC also playing expiry to expiry 🙂
13:59 K2dt : yes Prateeek lool
14:02 Ankit Maheshwari : Shai 9950 PE at 12 . Where will they panic?
14:04 Ankit Maheshwari : 20700PE OI decreasing since last 5 mins
14:05 MJ : 10k ce 9 rs. Pure donation trade out of profit.
14:08 Uttam : 9933 aa gaya kya?
14:08 Uttam : sorry 9944 here
14:08 Uttam : one more floor down please
14:09 Uttam : BNF for 20300
14:09 Ankit Maheshwari : Yes
14:09 Uttam : though that 20380 is a voc
14:09 Uttam : first stop
14:09 Chandu : utttm market profile chart is strucked in room.?
14:09 Ankit Maheshwari : Took 2o0700PE at 110 target 500 😀
14:09 Uttam : it needs to be adjusted a bit Chandu
14:10 Uttam : @Shai NF MP chart needs some adjustment
14:10 Uttam : thanks Shai 🙂
14:11 SagarK : uttam what is next after 9933 🙂
14:11 Shai : Intra – short NF 9940 sl of 9973 tgt 9903
14:11 Uttam : oh we need new hypos?
14:12 SagarK : keep ready lol
14:12 Uttam : 9883-68* & 9820 below 9932
14:12 Uttam : 3 IB ke baad aur kitna girega?
14:12 Rajesh : these levels are HVN? uttam?
14:12 Uttam : only thing is BNF has some spapce
14:13 Uttam : 9883 is VWAP of 2nd Jun / 9868 is a vpoc / 9820 is hvn & vwap of 1st Jun – is a mix of MP & OF levels Rajesh
14:13 Swapnil : @Ankit M – 9950 PE at 17 now, OI increased slightly
14:14 Uttam : below 9820 we have the all imp level of 9785 where we saw vols building before a move away
14:15 Shai : 9900 pe at 3 is the lottery
14:15 Uttam : 9933 aa gaya, mere Karan Arjun aa gaye
14:15 Shai : Nifty potentail drop is 100 by close from here
14:15 Uttam : to the dot – b) Staying below 10110, the auction could test 10068-32 / 9980 & 9932
14:15 Uttam : 9932
14:17 Ankit Maheshwari : 20500 PE writers can give returns today
14:17 Uttam : (13:56) Uttam : typical TRend Day forming with H period giving the PBH(13:56) Uttam : 3IB in NF also around that 9933 llevel
14:17 Tejpreet : nf does 3ib as promised by Uttam
14:18 K2dt : falling on nice Blue COT
14:18 MJ : 4th june poor lows tested.
14:18 Uttam : ha ha ha
14:18 Shai : looking at 10- (14:15) Shai : 9900 pe at 3 is the lottery
14:19 Tejpreet : 200 printed on my 10k pe 18th june
14:19 Ankit Maheshwari : Shai where is supply for 20500PE?
14:19 Uttam : 9900 to 9868-9785 is another balance in NF
14:20 Shai : reduce some at 9915 or put sl at cost- (14:11) Shai : Intra – short NF 9940 sl of 9973 tgt 9903
14:20 Shai : was not joking – (14:15) Shai : Nifty potentail drop is 100 by close from here
14:20 Shai : has done 30
14:20 Uttam : 🙂
14:21 Tejpreet : 🙂 we want full 100
14:21 Shai : 1 x 2 in 9000 pe
14:21 Shai : paisa double
14:21 Uttam : Teji ki taraf badta hua Tej ki target ki aur
14:21 Uttam : Teji se*
14:22 Ankit Maheshwari : 9K pe should we still hold for 10 shai?
14:22 Tejpreet : no need to worry Uttam still an hour ….sl in system just watch the show 🙂
14:22 Uttam : +100 Tej
14:22 Shai : sl at 3 if in big size in that PE
14:22 K2dt : chief upmove done for now.. i mean on a bigger tf?
14:23 Shai : 50 is an outlier as I expect 9850
14:23 Shai : worth the risk
14:24 Uttam : BNF for 20380 & 20300?
14:24 Shai : 8\
14:24 Uttam : +1
14:24 Shai : 9903
14:24 Shai : And you guys were happy with just 9934?
14:24 Uttam : 🙂
14:25 Uttam : not me Shai
14:25 Ankur : 🙂
14:25 Uttam : below 9900
14:25 Uttam : more can come
14:25 Shai : Aaan do
14:25 Shai : this is the Hunt
14:25 Swapnil : Great Shai.
14:25 Uttam : +100
14:25 Swapnil : Shai the Great 😉
14:26 MJ : Aye chief.
14:26 Ankit Maheshwari : 9 on 990 PE 🙂
14:26 Ankit Maheshwari : Sexy hunt chief
14:26 Swapnil : Ankit – your 9950 PE also tripled.
14:26 SagarK : Shai NF from 9960 TO 9903, i was going to book at 9942 and saw your message
14:26 K2dt : ma ma mia.. what a move.. 69-82 in 10k pe
14:26 Ankit Maheshwari : Yeah !!
14:27 K2dt : just awesome chief
14:27 Ankit Maheshwari : Shai entry again in 9900PE at 3?
14:27 Shai : 9000 pe dropping or not?
14:28 Chetas : you mean 9900 pe?
14:28 Shai : 9900 🙂
14:28 Ankit Maheshwari : OI not dropping as nifty is above 9900
14:28 Ankit Maheshwari : so they are not panic
14:28 Uttam : Shai giving next week’s target in advance 😉
14:28 K2dt : 😀
14:29 Uttam : 9911 low in spot so far
14:29 Shai : have to break 9904 spot then to reduce 30L in that 9900 pe
14:30 Uttam : this hypo was fro spot – The auction below 10108 could test lower levels of 10050-018* / 9970-50 & 9900
14:30 Uttam : d) Below 9900, the auction can fall further to 9851-31 / 9790-52 & 9703
14:30 Vishnu : shai next support level in nf and and overall view for next week if any?
14:31 Shai : what was today’s pullback high Vishnu?
14:31 Vishnu : 10030
14:31 Shai : that is ref for next week
14:31 Shai : clear?
14:31 MJ : 10034.xx
14:31 Vishnu : perfecta
14:31 Uttam : 10032 & 20951
14:31 Uttam : MP works like magic
14:31 K2dt : +100 chief
14:32 SagarK : exit from 10k put next week at 205
14:32 Uttam : polarity change had mentioend happening at 1040 level
14:32 SagarK : Thanks Shai
14:32 Shai : if this auction in next 30 mins goes below 9904 spot, we will have liquidation by 30L PE writers
14:32 Shai : worth the risk of 3
14:33 Shai : 9954 Sl for view to negate
14:33 Uttam : (14:19) Uttam : 9900 to 9868-9785 is another balance in NF(14:25) Uttam : below 9900(14:25) Uttam : more can come
14:33 Uttam : 9900 holding for now
14:33 Chetas : i had exited 3/4 at 8 levels and renetere at 3.5 again
14:35 Shai : +1
14:35 Shai : was expecting 10 when I gave it
14:35 Shai : but the move came early , so I became more greedy 🙂
14:35 Shai : did 9.25 btw
14:35 Ankur : 🙂
14:35 Vishnu : at extreme whty can expect in that pe 9900
14:37 KK : jise anjaam tak lana na ho mumkin use ek khoosoorat mod de kar..i to booked at 8
14:39 Tejpreet : 9904 dpot broken chief …..bas aap 100 purey karo 🙂
14:39 KK : 9904 spot breaks
14:39 Shai : how’s the hunt guys??
14:39 Sreeram : super
14:39 Avinash : Fantastic Shai
14:39 Shashidhar : awesome
14:40 Neeraj : jabar
14:40 SagarK : bumper
14:40 Prateeek : superb shai 🙂
14:40 Vishnu : booked at 9 20 l
14:40 Sourav : nacho nacho.
14:40 Chandu : shai wat is d trgt in 9900pe
14:40 Shai : was 10
14:41 Shai : these are 1 by 3 programs
14:41 Shai : now manage however you want
14:41 Shai : your show
14:41 K2dt : gazabb chief
14:41 Shai : I got my 3X
14:41 Vishnu : me to
14:41 K2dt : #respect
14:41 Chetas : me to, almost 2 times i did
14:41 Ketan : brilliant shai !
14:41 Govind : _/\_ Shai!!
14:41 Ravi : Awesome Shai
14:41 Uttam : +1000 Shai
14:41 Tejpreet : +1000 Chief
14:42 Neeraj : what is dwnside target now in NF
14:42 Shai : typical thursday move
14:42 Chetas : 9900 pe OI down by 3lk
14:42 Shai : one more move left
14:42 Shai : hold some
14:42 K2dt : one still 😀
14:43 Shai : 50 done – (14:20) Shai : was not joking – (14:15) Shai : Nifty potentail drop is 100 by close from here
14:44 K2dt : L starts
14:46 Shai : 9880 F now sl abv 9917
14:48 Shai : entire exchange is trying to prop up the 9900 pe 🙂
14:48 Gaurav Kumar : Got logged off due to net issues. Shai, polarity changed?
14:49 Shai : Not yet
14:49 Shai : changes if 9850 breaks
14:49 Chetas : now the writing incrased in 9900 pe
14:50 Ashok null : exit it shorts?
14:50 Ashok null : chief?
14:50 Gaurav Kumar : thanks Shai.
14:51 Shai : keep 9918 trailing
14:51 Ankit Maheshwari : Saw heavy buying in 9900PE at 4 (could be short covered)
14:52 Ashok null : thanks chief
14:53 Ankit Maheshwari : Since it is a trend day, there is a LL left
14:55 Naresh Dubbudu : LL?
14:55 Ankit Maheshwari : Lower Low
14:55 Naresh Dubbudu : Thanks Ankit.
14:57 K2dt : even SPX and DAX want to recover some losses but waiting for Nifty bhau to get to 330 pm 🙂
14:59 Shai : can bNF do 20370?
14:59 Shai : 30 mins
15:00 Ankit Maheshwari : 20500 break can make it possible
15:02 Shai : let go of teh 9900 pe
15:03 Uttam : BNF to lead the last move?
15:03 VijayT : 20.5kpe 3.5-7
15:05 Shai : +1
15:06 Uttam : spor holding 9910
15:06 Uttam : spot*
15:07 Ankit Maheshwari : BNF will do 20370 seems
15:07 Ankit Maheshwari : HDFCBANK breaking 970 adn we come there
15:09 Uttam : (14:12) Uttam : 9883-68* & 9820 below 9932
15:09 Shai : broke 9904
15:09 Uttam : 9868 cometh
15:10 Uttam : BNFfff
15:10 Uttam : go for that 20380 at least
15:10 Shai : BNF will do
15:10 Uttam : 🙂
15:10 Shai : cathc the 9900 writers
15:10 Ankit Maheshwari : yeah
15:10 Shai : 4.6 again’
15:10 Ankit Maheshwari : target shai ?
15:11 Ankit Maheshwari : 9900PE?
15:11 Tejpreet : Shai if it hits 9850 or closes at lows can buy some otm ce for tomorrow.
15:11 Shai : do it as a hedge
15:12 SagarK : bought and sold half in 20.5k put
15:12 Tejpreet : got it, tks ….that 10036 fella needs a visit.
15:12 SagarK : now my cost is 0
15:12 SagarK : beauty shai
15:13 MJ : Shai’s made us all hunters 🙂
15:13 MJ : Thanks chief.
15:14 VijayT : That’s because we are a wolf pack
15:14 Shashidhar : awesome Shai
15:14 Shai : _/\_
15:14 MJ : +1 vijay
15:14 Shai : Cheers all
15:14 MJ : Agreed.
15:14 MJ : Shai the 9900 cash buyers still in the game?
15:14 Shai : Hope everyone here had a good session
15:14 Ankur : Thanks Shai !!
15:15 Ashok null : yes chief..1000%
15:15 Shai : we may bounce back a bit tom with 9825 F as support
15:15 Amit Jain : yes shai +1
15:15 Ankit Maheshwari : 20600PE from 35 to 90 on Shai’s comment 🙂
15:15 Seshadri : till waht level can we boumce tomorrow
15:16 Neeraj : thanks Shai
15:16 Shai : 9935 to review
15:16 Uttam : last set of margin calls to trigger?
15:16 Shai : but diff to cross 10036 now
15:17 Chandu : shai wat abt higher time frame upmove.., is it over
15:17 Vishnu : 10700 so far seems shai?
15:20 Tejpreet : bot gave me 15 points in ce …booking out 98k ce next week from 200 to 215 odd
15:21 Shai : higher time frame is still good with sl below 9300- (15:17) Chandu : shai wat abt higher time frame upmove.., is it over
15:21 Shai : Any dips to 9400 , am expecting buyers
15:21 Srinath Vasudevan : Not at 9800?
15:22 Shai : longer time frame
15:22 Shai : 9990 pe covered 🙂
15:23 Shai : drop in OI was 20L from highs
15:23 Shai : if it had come 20 mins early, it would have imploded fully
15:23 Shashidhar : took 9900 CE/PE at 1 rupee each for closure
15:23 Shai : but there are more thursday’s , and we will hunt them again 🙂
15:24 Tejpreet : +100 Chief
15:24 Ashok null : +1
15:24 Ankit Maheshwari : I still hunted them twice, 3.5 to 9 and 4 to 7 🙂
15:24 Ankit Maheshwari : Thanks VT 🙂
15:24 Shashidhar : +1
15:25 Shai : Reminder – webinar at 08.30 pm today
15:25 Uttam : +100
15:26 Shai : Bye all
15:26 Rajesh G : thanks shai
15:26 Shai : Have a good evening, catch up later
15:26 Chetas : thanks shai and all . very good day
15:27 Ankur : Thanks Shai…Adios!!
15:27 Manikandan : Bye all
15:27 Tejpreet : Bye All
15:27 SagarK : Bye all…..
15:27 Avinash : Bye everyone
15:28 Ankit Maheshwari : Had yet another good expiry )
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Ankit Maheshwari : thanks all
15:29 Uttam : POC shiftts to lows
15:29 Uttam : in both
15:30 Sreeram : Thanks all
15:36 Giridhar Gowravajhal : Thanks Shai & UG. Bye all
09:03 Shai : (09:01) Shai : 10147 – yesterday’s big seller ref line for the auction today(09:02) Shai : yesterday was a balanced day and we expect an open in this balance with support at 10067 and 10036(09:02) Shai : for any reaction we need a break of 10036 during session hours(09:02) Shai : bias down below 10147 per the discussion we had yesterday(09:03) Shai : 20900 ref line in BNF(09:03) Shai : expect a downwards probe if 20900 is taken down with volumes
09:04 Uttam : a) NF needs to sustain above 10118 for a rise to 10140-188 / 10220-256 & 10295-320
09:04 Uttam : b) Staying below 10110, the auction could test 10068-32 / 9980 & 9932
09:05 Uttam : a) BNF needs to sustain above 21129 for a rise to 21276-300 / 21420*-528 / 21648-695 / 21785-888 & 21932
09:05 Uttam : b) Staying below 21100, the auction could test 21030 / 20955-904 / 20808-724 / 20640-555 & 20400-301*