Order Flow charts dated 11th May 2020

Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.

Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of Order Flow trading.

NF

30 Min Nf Fpx 5 Order Flow Charts Dated 11Th May 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

30 Min Bnf Fpx 5 Order Flow Charts Dated 11Th May 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:49 Santhosh null : gm all
08:49 Manikandan : Gm All
08:50 Santhosh null : gm all
08:52 Seshadri : GM all
08:52 Chandrashekhar : GM all
08:57 Vishnu : gm all
08:57 Vishnu : gm shai
08:58 Vtrender Live : 30 min charts – -https://global.gotomeeting.com/join/535751349
08:58 Krishan : gm all
08:59 Kunal null : gm
08:59 Prateeek : gm friends
09:00 Vtrender Live : 5 min charts – https://join.me/577-825-962
09:02 Dhananjayan : Gm all
09:02 Srividhya : GM All
09:04 Shai : GM all
09:05 Shai : Gap up expected today on the lines of the one we saw on Friday whicjh also was against the flow of the tape
09:05 Shai : As always, it is not the gap, but the reaction to the gap
09:05 Shai : Friday was sold into
09:06 Uttam : Good Morning All 🙂
09:06 Shai : Ref line is at 9325 at this open above whioch the bulls may hold strong
09:06 Chintan : GM all
09:06 Shai : weakness if any has to be below 9325 on day
09:06 Shai : A possible run to 9430 is in tape if we take out the singles of Friday
09:06 Sree : GM all
09:07 Shai : below 9325 we have a clean run down to 9220 again
09:07 Gopi : gm all
09:09 Tejpreet : GM All.
09:11 Rajesh G : gm all
09:12 Dileep : gm all
09:12 Rajan : Good morning all
09:16 Govind : morning low 9324 :)…with 0s there
09:16 Uttam : headed to 9600 this week looks lik 🙂
09:17 Uttam : lets take out that 9380 with vols
09:19 Uttam : boom boom?
09:19 Shai : can do 9420 abv 9384
09:20 Tejpreet : Overnight puts , opened with .5 dt down ,345 to 378 recovered .2 dt …..let’s see if we get 420 🙂
09:20 Govind : charts stuck?
09:21 Uttam : congrats Tej
09:22 Tejpreet : tks Uttam
09:23 Jitender : +1 Tej
09:24 Shai : Intra – Buy NF 9386 sl of 9355 tgt 9420
09:24 Tejpreet : _/\_ Jit
09:25 Shai : Awesome- (09:20) Tejpreet : Overnight puts , opened with .5 dt down ,345 to 378 recovered .2 dt …..let’s see if we get 420 🙂
09:26 Boppanna : knock knock BNF are u there
09:26 Tejpreet : tks Chief , need to be with the OF .
09:26 Boppanna : +1 Tej
09:26 MJ : Cheers chief. 🙂
09:26 Naresh Dubbudu : BNF could be the drag on NF today.
09:27 Tejpreet : tks guys
09:27 Chintan : +1 tej
09:29 Govind : All sectors in green this morning
09:30 Govind : Tej, good comeback. Congo
09:30 Tejpreet : tks guys
09:30 Tejpreet : Uttam volumes good ?
09:31 Shai : NF 9405 book half- (09:24) Shai : Intra – Buy NF 9386 sl of 9355 tgt 9420
09:31 Shai : SL to cost on rest
09:32 Jitender : pls zoom in on bnf 5 mins
09:33 Tejpreet : Shai the way red cot is being cleared chances of a trend day?
09:33 Shai : BNF not a part of this story today
09:33 Chintan : ICICI ?
09:34 Chintan : reason ?
09:34 Boppanna : low around VAL BNF
09:34 Tejpreet : 9420 , all clean now.
09:34 Jitender : +1
09:34 Shai : only abv 9430
09:34 Shai : tgt done- book full- (09:24) Shai : Intra – Buy NF 9386 sl of 9355 tgt 9420
09:34 Tejpreet : +1
09:35 Jitender : +1
09:35 Saheer : +1
09:35 Chintan : +1 shai
09:35 Boppanna : +1
09:35 Manikandan : +1
09:36 Boppanna : BNF 550 to 630 half book
09:36 Naresh Dubbudu : BNF now coming into mojo.
09:36 Govind : Super trade Shai!
09:37 Arun : superb Shai !
09:37 Suhas : +1 Chief
09:38 Boppanna : 800 calling BNF IMO..trailing rest 650
09:38 Chandrashekhar : cot going Negative
09:38 Chandrashekhar : consecutive big red cots
09:39 Sagar : is this drive up ?
09:39 Shai : yes
09:40 Arun : trend day possible ? as in keep moving higher
09:40 Shai : was short at the open today- but changed gears at 9352 through 9300 pe and 9400 pe shorts
09:40 Jitender : grt
09:40 Tejpreet : +1
09:40 Jitender : chrts stuck
09:41 Tejpreet : yes
09:41 Uttam : NF does this hypo to the dot – a) NF needs to sustain above 9240 for a rise to 9261-73 / 9294 / 9312-36 / 9366 / 9396-9402 & 9420-43
09:41 Uttam : high so far 9442.7
09:41 Govind : +1 Uttam, please wave off the next hypo
09:42 Uttam : updated NF hypo
09:42 Shai : No new longs here
09:42 Shai : 9430 is big ref line for day
09:42 Uttam : +1
09:42 Shai : COT does not suggest new buying
09:43 Shai : if 9430 is not criossed we come down swift
09:43 MJ : First time since series started we going to that 4th may open sell vwap of 9446.
09:43 Boppanna : all out BNF
09:45 Shai : Book out if any in NF
09:45 Shai : may tgt vwap
09:45 Sagar : most of hte longs looks booked out as per the COT i guess
09:46 Shai : yes 9430 is the singles
09:48 Shai : NF to test vcwap
09:48 Sagar : Vwap is the support for this move right ?
09:48 Shai : for now yes
09:49 Shai : easy move done off open
09:49 Shai : 09:06) Shai : Ref line is at 9325 at this open above whioch the bulls may hold strong(09:06) Shai : weakness if any has to be below 9325 on day(09:06) Shai : A possible run to 9430 is in tape if we take out the singles of Friday
09:49 Sagar : so i as per my understading we trade above 430 or below 380?
09:57 Uttam : BNF needs to join the party
09:57 Uttam : OAIR in it so far filling up Fridays low vol zone
09:58 Uttam : NF is an OTD up
09:58 Shai : yes 9380- 90 now big ref zone for day
09:58 Shai : if that breaks we go to 9325 again sl abv 9430
09:58 Uttam : +1
09:59 Ketan : +1 shai excellent morn trade / commentary
09:59 Jitender : Shai..u had shrts fut with 92pe 2:1…so at open u gave up fut n shrted 93+94 pe…to manage ..from a managing perspective
10:00 Jitender : or the orignal pos + fresh pe shrts is tere
10:02 Chintan : RB @ vwap
10:03 Shai : https://vtrender.slack.com/archives/C0F2VRTPW/p1589171652077100
10:03 Tejpreet : Shai +100 for vwap.
10:03 Shai : just cleared all when I said cover longs
10:04 Jitender : k
10:06 Ankit : 9340 test?
10:07 Shai : oen step at a time
10:07 Shai : template is clean
10:07 Shai : (09:58) Shai : yes 9380- 90 now big ref zone for day(09:58) Shai : if that breaks we go to 9325 again sl abv 9430
10:07 Shai : (09:49) Shai : easy move done off open
10:07 Ankit : thx chief
10:07 Shai : You don;t go long when COT adds 5 times in a row and is at a major ref line
10:08 Shai : should break 9380 IMO
10:08 Jitender : ten bnf will get 19300
10:08 Shai : sl now at 9436 for all the morning reds
10:09 Jitender : spx at pivot lvls now chief…crossing 2930 tonite n closn abv it will start us also towards SC mode ?
10:10 Shai : yes
10:10 Boppanna : morning longs in BNF stops
10:10 Jitender : 670-463
10:10 Shai : let’s break 9380 now, shall we
10:10 Jitender : dt thru
10:10 Boppanna : below 480
10:10 Chandrashekhar : +1 Shai
10:10 Tejpreet : +1 Jit
10:11 Chintan : +1 jit
10:11 Shai : Buy 9300 pe abv 92 sl of 70 tgt 120/ 146. Buy abv*
10:11 Jitender : tx Tej n Chintan
10:14 Sagar : short from 390
10:14 Chandrashekhar : RE in BNF
10:14 Sagar : can 358 come ?
10:14 Boppanna : Jit sings his tunes congts
10:14 Shai : Lesson No 1- Never mess with COT
10:14 MJ : 🙂
10:14 MJ : /\
10:14 Shai : All the blind players now taken to the gutter
10:14 Ankit : nf 9415 to 9360 first trade
10:14 Suresh : I am alwayz trusting COT
10:15 Chintan : +1 ankit
10:15 Sagar : 0.5 DT done
10:15 Jitender : 323 (10:08) Jitender : ten bnf will get 19300
10:15 Ankit : congo all
10:16 Jitender : hdfc tanked 10 bps
10:16 Jitender : bnk
10:16 Suhas : NF 9398 to 9370
10:16 Shai : +1
10:16 Jitender : congrats all
10:16 Suhas : congrats all
10:17 Sagar : my target was 358 missed by 5 points
10:17 Shai : expecting 9325
10:19 Ankit : aye chief
10:19 Ankit : congo suhas and everyone
10:20 Himanshu : ICICI bank sol doff – results perceived bad
10:20 Himanshu : more stimulas – more carnage i BNF
10:20 Tejpreet : Congrats to all the morning greens +1
10:21 Himanshu : Had 18000 PE – mthly – 442- clrd at 303 on spike, on -VE cot – sold 20500 CE wklt 135- coved – 115
10:22 Boppanna : nice one Himanshu
10:22 Himanshu : Now – Waiting for next clue
10:22 Himanshu : Jit – told me dont give it back tio mkt
10:22 Himanshu : so waoting
10:23 Vishnu : 9365 0s to take
10:24 Govind : psu banx first index to go into red foll by bnf
10:27 Sourav : sl for 9300 will be same 70?
10:27 Jitender : wat hv u done bnf 🙁
10:28 Sourav : pe s
10:28 Himanshu : Now when BOPP brings hammer
10:31 Boppanna : Uttam’s hypos get bearish for BNF begin below 280 and Jit got his 300 as well so a pause for now
10:32 Jitender : abv wat bnf lvl shrts will get screwed now ?
10:32 Himanshu : today low – jus 20 points above yday low
10:32 Himanshu : 19285 –
10:32 Himanshu : and day is young – last seesions’ hero IcicB under water
10:34 Ketan : 19480 @jit
10:37 Jitender : brilliant 480-490
10:37 Boppanna : 0’s at 480 in 5 min
10:38 Jitender : +1 K & B
10:38 Jitender : stable heads like turtle…the wise big eyes of his takes in wats imp 🙂
10:39 Ankit : +1
10:39 Ankit : bnf has to show the way today
10:40 MJ : Making DLO right at closing minutes of C.
10:40 MJ : bnf.
10:41 Chintan : <9365 trying
10:42 Jitender : y in bnf dwn apart from icici today ?
10:42 Jitender : is
10:42 Vishnu : gov still 9365 supproting
10:43 MJ : Nothing major is red , Jit.
10:43 MJ : Sbin marginal.
10:44 Sagar : 325 comin looks like
10:45 MJ : via mplite that is.
10:45 Jitender : Ketan ? (10:42) Jitender : y in bnf dwn apart from icici today ?
10:45 Ketan : 19700
10:45 Shai : reduce some at 100 bring sl to cost on rest- (10:11) Shai : Buy 9300 pe abv 92 sl of 70 tgt 120/ 146. Buy abv*
10:46 Shai : not moving per expectation
10:46 Shai : F is better
10:47 Uttam : drive vwap goes so new lows can come in NF
10:47 Uttam : 9321 rejection will be nice
10:48 Ankit : +1
10:48 Himanshu : today BNF is goat
10:48 Himanshu : can be killed later..
10:48 Jitender : 🙂
10:48 Jitender : or can kill
10:48 Shai : everything was pointed up includingf adv decl only COT showed a trip back- (10:14) Shai : Lesson No 1- Never mess with COT
10:48 Jitender : +1
10:48 Sourav : yes
10:48 Uttam : +100
10:48 Prateeek : +1
10:49 Ankit : +100
10:49 Shai : (09:42) Shai : No new longs here(09:42) Shai : 9430 is big ref line for day(09:42) Shai : COT does not suggest new buying
10:49 Naresh Dubbudu : Shai. You should COT rules in one of the breakout sessions for newbies like me.
10:49 Sourav : yes me to….novish in cot
10:49 Sunny : +1 on COT education
10:50 Uttam : b) The auction remains weak below 19280 and could test levels of 19220-210 / 19164-145 / 19049-10 / 18970-928 / 18860-777 & 18690-608
10:50 KK : Shai, Buy here with 9430 as target and SL at 9318 ?
10:50 Uttam : BNF low 19285
10:51 KK : A singles both sides ?
10:51 Uttam : lets get back into that IB
10:52 KK : On Monday morning, SO weekly Bias , Up? Atleast for today, considering 3 PM FM meeting with Banks
10:52 Nagaraj : are w ehaving a DD?
10:52 Shai : has failed vwap KK
10:52 Shai : better to wait at 9325 to see what it does
10:53 Prateeek : Fm meeting with banks have been postponed for later this week
10:53 KK : ok, thanks
10:53 Prateeek : 🙂 wc
10:56 KK : open was OTD ?
10:56 Prakash : CE prices are eroding but PE prices are not rising
10:56 KK : oh gap ..
10:57 Jitender : morn news P
10:57 Shai : Open was a good driove up but was countered by previous drive down of Lastr Monday
10:58 Shai : today's singles have met the singles of 4th May
10:58 Shai : check MP lite charts
10:58 Shai : two solid players jostling with each other
10:59 Naresh Dubbudu : IN BNF, 6th May's bottom tail is supporting for now as I see it.
10:59 Shai : I'm biased for 9325 test with sl now abv 9391
11:00 Sanjib : Yes, Shai – singles from 9480 to 9432
11:01 Shai : BNF has to go into development mode
11:01 Shai : could auction the stem of P of friday
11:06 Shai : Close long puts
11:06 Shai : flat now
11:13 Naresh Dubbudu : NF wants to go low, BNF wants to stay flat.
11:13 Vasant : 9317 weekly poc?
11:14 Shai : yes
11:18 Himanshu : Bopp _ Hammer ( seems he is polishing quietly)
11:18 Himanshu : Govindbhai – Where are u
11:21 Arjun : chart struck ?
11:22 Boppanna : yes looks like it
11:23 Vishnu : @ ug ur 9600 still on
11:23 Uttam : Open Test Drive VWAP fone na Vishnu?
11:23 Uttam : gone*
11:23 Vishnu : ok so gone
11:23 Vishnu : thanks us
11:24 Uttam : get FA at 9321 then we will have fresh move 😉
11:24 Shai : Auction gone flat
11:24 Arjun : said too early ?
11:24 Vishnu : meanwhile i covered 9200 weekly combo at 1.2 dt . friday no dt so have to make one dt extra tp cover
11:24 Shai : 🙂
11:25 KK : Any idea, how do we see volume profiles on Zerodha and is it available for options as well ?
11:25 Uttam : E for ext handle coming
11:25 Uttam : BNF first
11:26 Ankit : 9340 done
11:26 Shai : back on track for 9325 minus sl of 9380
11:27 Shai : new reds
11:27 Uttam : (10:47) Uttam : drive vwap goes so new lows can come in NF(10:47) Uttam : 9321 rejection will be nice
11:28 Uttam : 32k green in BNF
11:28 Shai : Next leg below 9317 only
11:28 Shai : can be a 100 pointer down
11:28 Uttam : 2L red COT in NF
11:29 Chandrashekhar : biggest cot of the day i guess..in this candle
11:29 Chandrashekhar : – 1.91 Lac
11:29 Himanshu : Shorts covering here, Chief ?
11:29 Ankit : +1 shai
11:29 Shai : Late latif reds
11:29 Uttam : 9321 tagged now lets leave some tail here
11:30 Shai : could also be morning longs now fully panicked
11:30 Sanjib : 9342 to 9315 50% done
11:31 Shai : +1
11:31 Uttam : BNF does first tgt – (09:09) Uttam : b) The auction remains weak below 19280 and could test levels of 19220-210 / 19164-145 / 19049-10 / 18970-928 / 18860-777 & 18690-608
11:31 Boppanna : below 280 PDH test done Uttam's hypo
11:31 Boppanna : 🙂
11:31 Chandrashekhar : 9300 PE 119.6
11:31 Uttam : lets get the Fa in NF 😉
11:31 Shai : that 9347 short covered 9318
11:31 Uttam : all weak longs out
11:31 Uttam : 95k green now
11:31 Boppanna : *PDL
11:31 Sanjib : That would be awsome, UG
11:33 Shai : sl for shorts revised to 9350- (11:26) Shai : back on track for 9325 minus sl of 9380
11:33 Uttam : that 9312 not letting NF go anywhere 😉
11:34 Boppanna : Shai moving like Kohhli with his targets
11:34 Uttam : chasing NF 😉
11:34 Govind : Your laxman rekha UG
11:35 Uttam : doom doom?
11:35 Himanshu : UG- We are oTF doen in BNF
11:35 Shai : down to 9338 now- (11:33) Shai : sl for shorts revised to 9350- (11:26) Shai : back on track for 9325 minus sl of 9380
11:35 Uttam : below 9312 can tag 9240 & 9204
11:35 Himanshu : now working below PDL
11:36 Himanshu : Today Margin calls would have hit –
11:36 Shai : There was not a single blue in first A period
11:37 Uttam : +1 Shai & simple MP set up that whn a VWAP of a drive fails, new lows coming
11:37 Shai : +1
11:38 Ankit : +1
11:40 Uttam : 9290 coming?
11:46 Himanshu : 9304 Acting supp-
11:48 Jitender : fresh shrts dont hv good r/r here
11:48 Jitender : 'fresh'
11:49 Jitender : bnf
11:50 Shai : stay short 9338 ref – (11:35) Shai : down to 9338 now- (11:33) Shai : sl for shorts revised to 9350- (11:26) Shai : back on track for 9325 minus sl of 9380
11:51 Uttam : ext handle of 19286 ref in BNF
11:51 Himanshu : But H – we have oen ref of 18945 In spot BNF
11:51 Himanshu : if H taggs it – risj
11:51 Shai : tgt 9278/ 9240/ 9220
11:51 Uttam : +1 Shai
11:51 Nagarajan : BNF?
11:51 Uttam : BNF for 19065
11:52 Uttam : 2 IB there
11:54 Himanshu : UG – Buying tail of 6th May
11:54 Uttam : yes H 19145 imp sup in BNF
11:54 Himanshu : we are wprking below that – mean withon that- if bears challanges that,,
11:55 Shai : A few more reds here and we break below 9292
11:56 Uttam : last 5min for NF to leave a probable FA
11:56 Ankit : if goes inside IB in next 5 mins, and goes up.. can be FA
11:56 Ankit : haha bingo UG
11:56 Uttam : 🙂
11:56 Ankit : +100
11:57 Uttam : OTF down stops in NF for now though F still needs to complete
11:57 Uttam : so far no lower low
11:57 Uttam : boom boom
11:57 Uttam : BNF abv 1928 can test 19420-480
11:58 Uttam : 19285*
11:58 Arun : UG, FA on 5mints ?
11:58 Uttam : 12k green in BNF just below 19285
11:59 Uttam : no Arun FA would be on daily but only if can gets back above IBL & stays
11:59 Uttam : that too a probable one for now as then it needs to get to the other extreme
11:59 Arun : ok
12:00 Jitender : 80 up frm tere (11:48) Jitender : fresh shrts dont hv good r/r here(11:48) Jitender : 'fresh'(11:49) Jitender : bnf
12:01 Kushal : JIT= Just In Time 🙂
12:01 Vishnu : +100
12:01 Shai : +1
12:01 Suhas : +1
12:01 Uttam : :)\
12:02 Favas : +jit
12:02 Jitender : E=F lows…
12:02 Jitender : sum shrts were bookn
12:03 Uttam : 19271 high so far – (11:51) Uttam : ext handle of 19286 ref in BNF
12:03 Uttam : 50 down in a flash
12:04 Shai : NF at weekly POC
12:04 Shai : Almost gone to neutral COT here
12:05 Shai : selling has come at 9349 and 9337
12:05 Shai : hence 9337 continues to be ref zone
12:07 Suhas : seems like RIL wil bring NF inside IB in this period
12:08 Vishnu : 60% up ril from low
12:08 Uttam : OTF stops in both
12:08 Uttam : so if G gets above F could have a rotation back to dVAH
12:08 Uttam : and of course VWAP first
12:10 Suhas : 3 mins to go
12:11 Uttam : BNF above 19285
12:11 Suhas : chart stuck
12:11 Uttam : yes
12:12 Uttam : boom boom
12:12 Suhas : vwap coming UG?
12:12 Himanshu : BOOM..
12:12 Uttam : need G to get above F still Suhas
12:13 Uttam : (11:57) Uttam : BNF abv 1928 can test 19420-480
12:13 Uttam : 19285*
12:13 Suhas : +1
12:13 Uttam : IB forming in BNF right at that 19285
12:14 Uttam : 0s in BNF at 19260
12:15 Uttam : je baat
12:15 Uttam : G above F
12:15 Uttam : right at start
12:15 Tejpreet : Uttam guiding the bot well 🙂
12:15 Uttam : shorts SL?
12:15 Uttam : _/\_ Tej
12:16 Uttam : 40k green at top in NF
12:16 Vishnu : pfa nf ug ? or ibl below 30 min above stayed?
12:16 Suhas : can we play fr vwap UG…
12:17 Uttam : entry was above IBL Suhas with SL below 9300
12:17 Jitender : 19.3pe 494-4118
12:17 Jitender : 418
12:17 Uttam : congo Jit
12:17 Vishnu : +1 jit
12:17 Tejpreet : +1
12:17 Suhas : ok
12:18 Jitender : tx guys…had just 20 bps Sl on it so satisfyn
12:18 Suhas : +1 Jit Congo
12:18 Ketan : +1 Jit on that trade
12:18 Jitender : tx guys
12:19 Jitender : view fr tat over (12:00) Jitender : 80 up frm tere (11:48) Jitender : fresh shrts dont hv good r/r here(11:48) Jitender : 'fresh'(11:49) Jitender : bnf
12:19 Uttam : 19260 needs to hold in BNF
12:19 Uttam : else gets weak again
12:19 Boppanna : _/\_ Jit
12:19 Uttam : NF looking better but needs BNF to support
12:28 Uttam : room charts stuck?
12:30 Boppanna : yes
12:30 Shai : charts back
12:30 Suhas : yes
12:30 Uttam : yes 🙂 thanks Shai
12:31 Shai : Abv 9349 can trade for vwap- (12:05) Shai : selling has come at 9349 and 9337
12:35 Shai : 9306 break here will get ,ore reds
12:36 Suhas : poor volume
12:41 Shai : hmm
12:41 Shai : looks like they decided to keep May bound in a narrow zone
12:41 Uttam : we could get some news today Shai?
12:41 Suhas : RIL is holding NF
12:41 Shai : something like a 9000 pe- 9600 ce should go to 0 on monthly
12:42 Suhas : +1
12:42 Uttam : PMs meeting with the CMs plus chance of that stimulus details to be finally out?
12:42 Shai : NF is not just at weekly POC but also the monthly devloping POC is here
12:42 Himanshu : China Banks indicated more support today
12:43 Suhas : yes Monthly weekly both POCs supporting
12:43 Shai : They don;t have money to throw stimulus UG
12:43 Suhas : hehe
12:43 Uttam : 🙁
12:43 Shai : Borrowing is up 4L CR but that is just to make up for that 1L per month GST loss
12:43 Himanshu : Some homeopathic medicine distribution for SME – MSME
12:43 Kushal : +1 Shai.. they don't have money
12:43 Shai : max they can give 1 to 1.5L CR stimulus now
12:44 Himanshu : Bopp Hammer to POC
12:45 Shai : when a govt opens up liquor in a lockdown to pay salaries, where can you expect stimulus?
12:45 Suren : i also feel the stimulus come along with 1 yr rule completion ie May 23
12:45 Shai : they didn't have money to pay salaries
12:46 Shai : watch RBI only- they can do something
12:46 Uttam : hmm NS also has some meeting today with banks?
12:46 Himanshu : What I like aboit whole GST – is Fedral control on spending – Or – strangle on regional Parties –
12:46 Naresh Dubbudu : Some one said FM meeting with banks postponed
12:47 Himanshu : or else Mayavati type – Elephant gardens, Jaylalita type corruption was rampant
12:47 Tejpreet : I think post liquor , they should open beauty parlours….only then stimulus coming ;0
12:47 Uttam : now H needs to confirm new highs above G
12:47 Uttam : lol Tej
12:47 Shai : 🙂
12:47 Himanshu : chalo
12:47 Himanshu : Bopp –
12:49 Uttam : BNF needs to get above dPOC of 19340
12:49 Suhas : UG get some stimulus
12:50 Uttam : come on Bops you are doing a good job in BNF 🙂
12:50 Uttam : 19325 so far
12:50 Vishnu : shai range for may any ?
12:51 Uttam : je baat – (12:49) Uttam : BNF needs to get above dPOC of 19340
12:52 Suhas : NF 9332 to 9350
12:52 Uttam : congo Suhas
12:52 Suhas : Thnax UG
12:52 MJ : Nice trade Suhas.
12:53 Uttam : chal padi gaadi
12:53 MJ : UG: 9312 boarding.
12:53 Suhas : vwap darshan
12:53 MJ : Your no.
12:54 Uttam : BNF has both VWAP plus IBL here
12:54 Uttam : 19382
12:54 Uttam : and weekly VAL right above it at 19420
12:55 Shai : short cover in that last COT
12:55 Shai : 9334 sl now for 9375
12:57 Himanshu : Exited – 18500,18300,18200 PEs – 20 with 18 Rs..
12:58 Uttam : congo Himanshu
12:59 Himanshu : Early but BNF – SPot is weak
12:59 Himanshu : Thx – UG – Entry was after OTF stopped and you messaged –
12:59 Himanshu : so thx for your Eagle Eyes
12:59 MJ : 34k pushed me to book out.
13:00 Himanshu : But analysed – ICICI B not working is BNF is crippled today – and HDFC bank also lost all morning gain
13:11 KK : hope this gives 9375 by 1 28 pm
13:11 KK : entry 9341 with SL 9318..first trade
13:11 KK : more power to Shai
13:12 Sagar : 70 k green
13:13 Shai : +1 KK
13:14 Shai : vwap tested
13:14 Shai : now new longs abv 9379 only
13:14 Rajesh G : ok
13:16 KK : that 72 K bad ?
13:16 Shai : yes
13:16 Shai : short sl cutely placed abv vwap
13:17 Uttam : lol
13:17 KK : DAX futures also fell with it
13:17 Uttam : 9366 NF VAL on weekly too
13:17 Uttam : VAH*
13:20 Jitender : come baby
13:21 Govind : NV day today in NF right Uttam?
13:21 Uttam : Neutral also possible Gov
13:21 Govind : ok
13:21 Uttam : we are making higher highs now
13:22 Uttam : that VWAP needs to be sustained
13:22 Govind : yeah, would've been nice if RE had some f/u selling
13:29 Jitender : 364-261(13:20) Jitender : come baby
13:29 Jitender : 12k green at vwap 🙂
13:30 Jitender : felt like Ranjeet villian in movies….
13:31 Govind : +1 Jit
13:32 Jitender : tx
13:32 Favas : same here jit
13:32 Jitender : aah sum cpompany
13:32 Jitender : +1 F
13:32 Favas : 🙂
13:33 Boppanna : and finally he pukes
13:34 Sagar : hlding above 325 is that bullish ?
13:36 Shai : That trade abv 9350 to vwap was done
13:36 Uttam : if H leaves a PBH in both then PLR turns down
13:37 Shai : now new longs abv 9379 only
13:37 Sagar : ok
13:38 Boppanna : BNF vwap/IBL resisting and above that morning ref 480 ref holding without a single test since C
13:39 Jitender : 380 ref fr SC nw BoPs
13:39 Boppanna : +1 Jit yes IBL/vwap also there
13:39 Jitender : abv 480-90 stampede
13:39 Jitender : OF supp
13:40 Jitender : its a probability
13:40 Boppanna : planning a quick contra to that 480 if it peeks above 380 later will be quick one IMO
13:41 Boppanna : BNF
13:41 Jitender : cool
13:42 Favas : jit below 200 clear sell?
13:42 Jitender : 190
13:42 Favas : ok
13:42 Jitender : but r/r in place
13:43 Jitender : so far its happy around dpoc
13:43 Favas : tx
13:50 Shai : 9300 pe abv 114 is abuy withy sl below 107
13:52 Shai : 9306 test on this candle?
13:58 Jitender : UG hit it back (11:54) Uttam : yes H 19145 imp sup in BNF
13:58 Uttam : _/\_
13:59 Himanshu : Chief – Pls would u adjust BNF – MP chatt
13:59 Jitender : if nyone in pls bring sl to yr cost
13:59 Himanshu : chart*
13:59 Sagar : shorts jit ?
13:59 Himanshu : Thx
13:59 Jitender : ys Sagar
14:00 Shai : exit the PE- SL
14:00 Shai : failing at vwap and failing at IBL now – NF
14:01 Dhananjayan : Is NF trying to form a B shaped profile?
14:03 Shai : tussle zone
14:04 Shai : (10:58) Shai : today's singles have met the singles of 4th May(10:58) Shai : two solid players jostling with each other
14:05 Dhananjayan : break of 9306 should confirm the break down and break of vwap should confirm on the upside is it right Shai?
14:06 Shai : seller in control so we are looking for conf below 9306
14:06 Dhananjayan : oh ok
14:06 Uttam : new low after 2:15 & rejection will be nice ;-p
14:06 Dhananjayan : thank you
14:06 Shai : BNF already near 2IB
14:06 Shai : NF just at IBL
14:09 Mohit : ..
14:10 Sagar : even after drive up 🙂
14:11 Shai : drive up failed on poor COT
14:11 Sagar : ok
14:11 Shai : And confirmation was the vwap break
14:11 Sagar : 305 here
14:12 Suhas : wa
14:12 Uttam : 9290 on watch in NF now
14:13 Shai : NF breaking down
14:13 Uttam : BNF nearing 2 IB of 19065
14:14 Uttam : ext handle?
14:14 Shai : 131 on that PE 🙁
14:14 Shai : sl was too small
14:14 Uttam : +1 Shai
14:15 Uttam : first part doen & now for the second part – (14:06) Uttam : new low after 2:15 & rejection will be nice ;-p
14:15 Rajiv Ohri : Shai are you looking at any target on that PE
14:15 Seshadri : +1 shai
14:15 Seshadri : wed DPOC 9285 holds
14:15 Shai : 130 was tgt
14:15 Shai : done
14:16 Sagar : yes booked exactly there 🙂
14:16 Rajiv Ohri : Ok Thanks
14:18 Sagar : 114 k green
14:18 Sagar : short booking or fresh green?
14:19 Shai : RB's are always bookings
14:19 Sagar : ok
14:19 Shai : That last candle is actually -90K red IS
14:19 Shai : except for that 1 guy who booked 88K
14:20 Shai : haved added a new row to 5 min charts on join.me which shows the COT of the large players quickly
14:21 Rajan : +1 Shai
14:21 MJ : POC wt @Shai?
14:21 Shai : yes
14:21 Shai : 9310 trailing sl for shorts
14:22 Shai : though 9335 is best sl again on close now on the IB extnesion setup
14:24 Suhas : fantastic morning referance shai 9290
14:25 Shai : +1
14:26 Shai : That big guy shifted vpoc down
14:29 Suhas : 9220 coming shai?
14:32 Boppanna : Jit 18500 opening below 18950 BNF?
14:33 Naresh Dubbudu : I feel single tiles in the bottom on 6th May for BNF are being negated today.
14:33 KK : 9240 atleast ?
14:34 KK : Shai, we can move the SL to 9310 now ?
14:36 Shai : yes
14:38 Shai : 9300 pe abv 131 can do 146++ / 170 sl of 119 into close
14:39 Shai : Nf should move to 9220 sl abv IBL
14:39 KK : charts stuck ..JOin me working
14:40 Shai : This now fully in play(09:07) Shai : below 9325 we have a clean run down to 9220 again
14:40 Suhas : +1 shi
14:40 Suhas : shai
14:41 Shai : 9300 some unwind at PE – though on day still up a lot
14:41 Shai : 9250-55 part book zone
14:43 Jitender : 19070-18067 half thru
14:44 Shai : 9256F
14:44 Jitender : +1
14:44 Tejpreet : 0.5 DT back in the morning pe loss 🙂
14:44 Shai : 142- (14:38) Shai : 9300 pe abv 131 can do 146++ / 170 sl of 119 into close
14:44 Jitender : grt Tej
14:44 Sanjib : 9300 PE 132 to 140
14:45 Tejpreet : tks jit, score.
14:45 Shai : +1
14:45 Jitender : 1.94
14:45 Vijay : 9300pe 122-138
14:45 KK : 9307 Sell 9263 Book..+1 Shai
14:45 Boppanna : Congts all
14:45 Tejpreet : congrats green mtm
14:46 KK : second trade. first one was exit on cost..
14:46 Sanjib : Congrats all
14:47 Shai : Congarts all
14:47 Shai : well played all of you
14:47 Shai : Right perception. Accurate expression
14:47 MJ : +100
14:47 Varun : shai can u widen profile for pday ref
14:47 Rajesh G : thanks
14:47 Varun : just incorporate pdy
14:48 Varun : thanksa ton
14:50 Jitender : all out 18911 (14:43) Jitender : 19070-18067 half thru
14:50 Jitender : 2x thru
14:50 Shai : 160 book out- (14:38) Shai : 9300 pe abv 131 can do 146++ / 170 sl of 119 into close
14:51 Arun : thanks Shai , 9300pe 132 -158
14:51 Uttam : 9300 OI near crossover
14:51 Govind : +1 Shai
14:51 Bhavani : VIX back to 38 range
14:51 Uttam : 163-165 imp zone in that 9300pe
14:51 Uttam : above it more upsde possible in it
14:52 Uttam : 9240 was there in NF below 9290 & it got tagged
14:52 Uttam : 9237 low
14:52 Uttam : all day in this hypo NF was – a) NF needs to sustain above 9240 for a rise to 9261-73 / 9294 / 9312-36 / 9366 / 9396-9402 & 9420-43
14:53 Uttam : 9443 high & back to test the hypo entry
14:54 Shai : 9200 pe also cutting
14:55 Shai : 9265 sl into close now
14:55 Jitender : timely exit 🙂 (14:50) Jitender : all out 18911 (14:43) Jitender : 19070-18067 half thru
14:56 Shai : one spike below 9215 can dip it to 9173
14:56 Uttam : +1 Shai
14:56 Boppanna : BNF low matching PWL
14:57 Boppanna : below that some more SLs
14:57 JayJ : ug kudos to hypo levels
14:58 Shai : spike spike
14:58 Jitender : 🙂
14:59 Himanshu : ICICI B – tagged 320
14:59 Boppanna : comeon BNF
15:00 Suhas : big bell ka POC down here..7th may
15:00 Shai : 9222
15:00 Shai : not over
15:00 Govind : fancy number
15:00 Sanjib : @Himanshu – ICICI Bank was a short right from 336, Earnings play
15:00 Shai : still trading for a spike down
15:00 Uttam : b) The auction remains weak below 9232-22 and could fall to 9204* / 9188-80 / 9161-53 / 9125-9093 & 9063-40
15:00 Himanshu : yes
15:00 Uttam : lets break 9222 for that spike
15:00 Himanshu : Sanjib- but 320 is support –
15:01 Naresh Dubbudu : How conficent are we to carry puts over night?
15:01 Himanshu : if it breaks – moe issue
15:01 Sanjib : maybe, just trail till it takes your SL out
15:02 Govind : you gotta love it when the boss is pumped up 🙂
15:02 Uttam : 🙂
15:02 Shai : No carrying shorts today
15:02 Shai : book what you have
15:03 Suhas : spike coming
15:03 MJ : that 79k upside down under vwap. God bless him 🙂
15:03 MJ : Chief: thanks for the lovely references.
15:03 Naresh Dubbudu : Noted Shai.
15:04 Uttam : 165 to 177 in that 9300pe 50% booked
15:04 Shai : 9240 now TSL- (14:55) Shai : 9265 sl into close now
15:04 Shai : in play- (14:56) Shai : one spike below 9215 can dip it to 9173
15:04 Uttam : (14:51) Uttam : 163-165 imp zone in that 9300pe(14:51) Uttam : above it more upsde possible in it
15:04 Govind : taken out PDL
15:04 Shai : (14:58) Shai : spike spike
15:05 Govind : +1 Shai
15:05 Suhas : +1 shai
15:05 Uttam : 9169-59 please
15:05 Jitender : +1
15:05 Uttam : BNF for 3IB?
15:05 Uttam : 18746
15:05 Govind : Uttam Weekly VAL here
15:06 Uttam : yep
15:06 Uttam : but spike is blind 🙂
15:06 Uttam : imbalance
15:06 Govind : love is blind
15:06 Govind : ok man
15:07 Govind : spike rules in play for SPX too
15:09 Uttam : Gov standing with a bat at weekly VAL 🙂
15:10 Jitender : Tej..Anuj said Sc rally at day start ?
15:10 Govind : haha, no man…want spike it down further
15:12 Tejpreet : Yes, but then he said to volatile sit on sidelines 🙂
15:12 Jitender : 🙂
15:14 Shai : 9240 sl still if you can – can do 9207
15:15 Shai : Ib extension setup went per plan also- (14:22) Shai : though 9335 is best sl again on close now on the IB extnesion setup
15:15 Vishnu : +1
15:15 Uttam : we never got above VWAP all day after the break below it
15:16 Uttam : in fact that rejection at 9365 was frssh signal to short
15:16 Shai : this was morning plan but once below 9305 was super clean – 09:07) Shai : below 9325 we have a clean run down to 9220 again
15:16 Varun : since b period we did one tf down
15:16 Uttam : 80% of weekly Value done
15:16 Uttam : 9366 to 9204
15:16 Varun : with h period as pull back hihgh
15:16 Uttam : yes Varun +1
15:16 Shai : The right perception matters (14:06) Shai : seller in control so we are looking for conf below 9306
15:16 Vishnu : 9010 shai ur level still on
15:17 Suhas : we stopped at monthly dval
15:17 Uttam : 9290 ref on up now Shai?
15:17 Uttam : for this week?
15:17 Shai : Don't carry shorts today
15:17 Shai : Book out for now\
15:17 Shai : we will trade fresh tom
15:17 Uttam : +1
15:19 Naresh Dubbudu : +1
15:21 Naresh Dubbudu : In BNF, 6th May OTF buyer defending his poistions late in the day today?
15:21 Prateeek : opened the day by booking overnight puts and straight awau was -1 DT. did firefighting the whole day and ending ay -0.1 DT. Congrats to all in green mtm
15:22 Naresh Dubbudu : Well done Prateek.
15:22 Chintan : +1 prateeek
15:23 Tejpreet : +1 Prateek ,we got the best FFighting equipment at VT 🙂
15:23 Shai : +1
15:24 Uttam : congo Prateek
15:24 Uttam : +1 Tej
15:25 Prateeek : thanks guys. VT team and shai _/\_
15:26 Shai : 9200 pe still finsihing plus
15:26 Shai : that has to unwind for a move lower from here
15:27 Shai : one bounce back to 9290 is on card tom if no big gap down
15:27 Shai : we will respond tom
15:27 Shai : Hope everyone had a good session
15:27 Himanshu : yes
15:27 Rajan : Yes
15:27 Tejpreet : Yes Chief
15:28 Manikandan : Yes
15:28 Shai : Tc all
15:28 Shai : Have a good evening
15:28 Sanjiv : GE
15:29 Naresh Dubbudu : Good evening all.
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Manikandan : Thanks all
15:29 Prateeek : bye everyone. meet u all tomm
15:30 Tejpreet : Bye All.
15:36 Chintan : bye all
15:36 Chintan : thanks