Order Flow charts dated 12th April 2021

Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.

Order Flow is the most transparent way to trade and takes away the guesswork from decision making.

NF

Vol Pic2 Nf 6 Order Flow Charts Dated 12Th April 2021 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic 2 Bnf 6 Order Flow Charts Dated 12Th April 2021 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:51 Ranjith : GM All
08:52 Chandrashekhar : GM all
08:53 Bijender Singh : GM everyone
08:54 Amit null : gm
08:55 Vtrender Live : 5 min charts – https://global.gotomeeting.com/join/631935053
08:55 Nisha : GM all.
08:57 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647755598?pwd=N0tZUFlqRVUvd2ZKUHpFQ2lRM0ZyQT09
08:59 Vishnu : gm all
08:59 Abhishek : GM folks
09:01 MJ : GM chief. Nice addition on the font sizing for big nos.
09:02 K2dt : +MJ yes tx chief
09:02 Uttam : Good Morning All 🙂
09:02 Uttam : https://vtrender.com/weekly-charts-05th-to-09th-april-2021-and-market-profile-analysis/
09:03 Ankit Maheshwari : USDINR above 75
09:03 Uttam : https://vtrender.com/market-profile-analysis-dated-09th-april-2021/
09:03 Bhavin : good morning…
09:03 Prashant : A suggestion. RS/IS font can be reduced. Sometimes they cover key numbers on the end.
09:04 Shai : GM all
09:04 Shai : 14840 ref line for the open
09:04 Shai : Auction has new info at the open and may trap all late longs from friday
09:04 Shai : respond to the tape
09:05 KK : SGX down
09:05 Surya ganti : is the new info a potential lockdown in MH?
09:05 Arul : Gm guys!
09:05 Shai : The market did not show signs of active selling on Friday
09:05 Shai : 14690 will be ref line to watch at the lower open
09:06 Shai : we respond on the open volumes
09:06 Shai : 31820- 31920 ref in BNF on lower side
09:09 Tejaswini : GM chief. Those big buyers from 14820 on friday were about 3k contracts? Could wreck havoc?
09:09 Himanshu : GM all
09:10 Surya ganti : 3k+1.5k if i remember T
09:10 Tejaswini : Yes Surya but 1.5k could have been cover
09:11 Ankit Maheshwari : Looking at Participant’s data, that buyer is retail (coz no one had this much long OI added as per data posted on forum)
09:11 Ankit Maheshwari : PS: Just my interpretion
09:11 Surya ganti : that’s some retail 😀
09:12 Yash null : hdfc bnk pre open is lower support
09:12 Ankit Maheshwari : Shai some panic it seems in currency mkt. any insight?
09:13 Surya ganti : whoa!
09:14 Ankush Jain : O+H
09:14 Ankush Jain : o=H
09:14 Uttam : Shai’s 31500 here in BNF
09:14 Uttam : NG ocne again at the HVN of 14630
09:14 Uttam : NF*
09:15 Ranjith : cant see the screen
09:15 Bhishma : no charrts in room>
09:15 Surya ganti : lockdown on charts 😛
09:16 Ankush Jain : looks like a drive down
09:18 Arul : Eventful start for me I guess….
09:18 Tejaswini : 20k contracts in BNF
09:18 Shai : 14540 supp
09:18 Ankit Maheshwari : wow volumes
09:18 Shai : trapped longs clearing
09:19 Ankush Jain : drive down Shai?
09:19 Shai : yes
09:19 Ankit Maheshwari : good range for IB
09:19 Shai : caught the entire market upsdie down
09:19 K2dt : 640-749 32700pe
09:19 Shai : Anyone here wa scarrying longs?
09:19 Surya ganti : nmope
09:19 Ankit Maheshwari : no
09:19 Ashwin : no
09:19 Surendra : nope
09:19 Chandrashekhar : nope
09:19 Gopi : NO
09:19 Indronil : no
09:19 Muralidhar Kaja : nope
09:19 SandeshJoshi : No
09:19 Ranjith : no
09:20 Arul : no
09:20 Ankush Jain : na na
09:20 Sumeet : nope
09:20 Aman Singhania : i was carrying shorts
09:20 Muralidhar Kaja : @Shai as per your guidance…. Only Intraday….
09:20 Uttam : another lesson not to carry positions especially the weekend ones 🙂
09:20 Bhavin : +1 ug
09:20 Chandrashekhar : +1 Uttam
09:20 Surya ganti : especially with the lockdown potentials all over ahain
09:21 Bhishma : ya i had 1400 pe short closed SL
09:21 Bhishma : 14500 pe
09:21 Uttam : after last Monday’s fall we rose on a weak structure rest of the week
09:21 Ankush Jain : Shai the %age change is not showing correct number
09:21 Chandrashekhar : OF numbers not visible….adjustments please
09:21 Ranjith : cant see the bid ask
09:21 Arul : Im new here… I couldnt see the volumes depth
09:21 Shai : 14515- 530 supp zone – (09:18) Shai : 14540 supp
09:22 MJ : 531 low.
09:22 Chandrashekhar : +1 for that alert Shai..had puts at open cleared them with profits
09:23 Uttam : wow the OF charts looks like we have advanced a level up in a sophisticated game
09:23 Surya ganti : new lows?
09:23 Ankit Maheshwari : Shai what level we expected last monday?
09:23 Ankit Maheshwari : 14425 right?
09:23 Chandrashekhar : 425 next?
09:25 Uttam : Spot weekly hypo done at open itself just like last Monday – B) Accepting below 14814 could lead to a test of 14775 / 14737 / 14654 / 14609 / 14570 / 14514 & 14461
09:25 Manoj : any levels on BNF
09:25 Manoj : ?
09:26 Uttam : Spot levels there on slack as well as weekly report Manoj
09:26 Uttam : we are in the lower weekly hypo in BN spot – D) Below 31405, the auction could fall to 31230 / 31118 / 30912 / 30744 / 30625 / 30480 & 30319
09:26 Uttam : the singles of that Feb 1st profile all gone
09:27 Uttam : NF almost matching the IB vols in the first 15mins
09:28 Uttam : Nifty Spot can use these levels as ref – D) Below 14461, the auction could fall to 14416 / 14355 / 14317 / 14274 / 14214 / 14160 & 14110
09:28 Ankit Maheshwari : adjust charts plz
09:29 K2dt : 470-565 31200pe done
09:29 Shai : 14425 now a supp
09:30 K2dt : chief zoom chart adjust pl
09:30 K2dt : tx
09:30 Shai : fast moving vols
09:30 K2dt : vix spiking
09:30 Shai : the entire market caugfht upside down
09:31 K2dt : bnf did budget day poc?
09:31 Surya ganti : the money we didnt lose in here wud be like 100% ROI this month
09:31 Yash null : clear sell off in private banks and financials,
09:32 Surya ganti : everything yash.. bhel is down 8%
09:32 Surya ganti : all sorts of selling
09:32 Shai : 14420 final supp for day
09:32 Shai : early supp at 14667
09:32 Chetan : NF?
09:32 Shai : 14530 added supply
09:33 Shai : 31375 ref line in BNF
09:34 Shai : drive down is big
09:34 Shai : no conter trends
09:34 Chandrashekhar : below this 360 & 260 objective for rhe day Shai?..(09:32) Shai : 14420 final supp for day
09:34 Uttam : yes 26L in NF & 10L in BNF
09:34 Uttam : first 15 mins
09:34 K2dt : bnf crazy 1st candle 21k contracts !!
09:34 K2dt : nf 16k !!
09:35 Prashant : Shai, 14420 “final” support as in??
09:35 Surya ganti : only 2/50 nifty scrips in the green
09:35 MJ : Markets reacting to the usdinr?
09:36 MJ : blue band off in nf.
09:36 K2dt : mkt reacting to failure of authorities
09:36 Ankit Maheshwari : RB
09:36 Prashant : mkt reacting to total mess…little late though
09:37 Yash null : yes, bcoz this time no free money willbe infused
09:37 Shai : watch 14530 here
09:38 Prashant : shai, big fonts getting into each other
09:40 Chandrashekhar : shorts covering looks like
09:40 Chandrashekhar : 424 low so far..
09:40 Chandrashekhar : +100 Shai…(09:32) Shai : 14420 final supp for day
09:41 K2dt : pmvby
09:41 Uttam : RO point of this series
09:41 Surya ganti : what is RO uttam?
09:41 Uttam : Roll Over point
09:41 Ankit Maheshwari : roll over
09:42 Sandeep Partham : Any open calls now from Chief?
09:42 Ankit Maheshwari : B follower or rebel, lets see
09:42 Tejaswini : Chief font size depicting size of volumes is a great addition. Kudos
09:42 Chandrashekhar : 530 on wattch for now
09:43 Chandrashekhar : (09:37) Shai : watch 14530 here
09:43 Ankit Maheshwari : Shai these greens is new biz or shorts booking?
09:43 K2dt : Jit bnf anything to be careful here?
09:44 Surendra : nice pullback in BNF
09:45 Jitender : K2 ….gv me sometime..nest blocked by upstox and pro is horrible..just tryn to get things sorted
09:45 Shai : Buy 14500 pe at 15 2sl of 122 tgt 207
09:45 K2dt : np Jit..take ur etime
09:47 Shai : market is swift
09:47 Shai : speedo 285
09:47 Shai : be quick or stay out
09:47 K2dt : crzay it is yes
09:47 Bhavin : +1 chief…
09:48 Shai : 1st supp given for the day was broken
09:48 Shai : second one holdingf
09:48 Shai : using 14540 as ref for shorts now
09:49 Shai : don’t get caught on the wrong side today with random levels
09:50 Prashant : Shai, blue COTs today mean forced covering??
09:50 Shai : more to dfo with liiquid NF
09:50 Shai : when o’s are there ignore COT
09:51 Prashant : ok, right..
09:51 Rajesh G : shai DPCO shifted
09:52 Shai : no
09:52 Ranjith : 14505 to be broken for more selling ??
09:53 Sandeep Partham : chief : hope the pe call can be still open
09:53 Uttam : (09:48) Shai : using 14540 as ref for shorts now
09:56 Arul : entered shorts…
09:56 Favas : still 31375 bnf ref?
09:56 MJ : 218 bulb. bnf
09:56 Shai : Manage risk at strict 1% of account tpoday
09:57 Ankush Jain : +1 Shai
09:57 Anand : _/\_
09:57 Shai : if you are panicking you are trading with above nornal sizes
09:57 Shai : 1% risk per trade
09:57 Uttam : +100 Shai
09:58 Arul : keeping ref 14540
09:58 Uttam : @Shai can the BNF charts also be adjusted a bit
09:58 K2dt : 265 pt ibr nf 961 bnf
09:58 Uttam : 31330 ref in it?
09:58 Surya ganti : another flag 320
09:59 Uttam : thanks Shai
10:01 Uttam : 31330 immd ref in BNF on upside above it 31550 & the 0s from 31650
10:01 Sujith Prabha : green bar ion BN
10:02 Uttam : downside 31190 level to wathc below that morning RB of 31024
10:02 Ankit Maheshwari : doom doom
10:03 Ankush Jain : PE not moving
10:04 K2dt : yes
10:06 Indronil : can we brk day low in nf ?
10:06 Surya ganti : bnf has other plans looks like
10:07 Ankush Jain : bring it I
10:08 Sujith Prabha : lot of greens in BN.
10:08 Ankit Maheshwari : someone tracking Infy?
10:09 MJ : Surya that 320 looks like exited in that 349 cluster.
10:09 Surya ganti : why ankit? have some stock
10:09 Surya ganti : maybe MJ +1
10:09 Ankit Maheshwari : No USDINR on a roll, generally is positive for IT
10:09 Ankit Maheshwari : but it is still open drive sort of effect
10:10 Chandrashekhar : TCS results today right?
10:10 Surya ganti : opened 3% up infy
10:10 Ankush Jain : buyback news
10:10 Uttam : buyback offer in it
10:10 Uttam : to be considered on 14th
10:10 Ankit Maheshwari : ok
10:10 Surya ganti : buyback in infy or tcs?
10:10 Ankit Maheshwari : Shai that PE is behaving bit ill
10:10 Uttam : Infy buyback
10:10 Chandrashekhar : this PWL is holding in NF for now
10:11 Chandrashekhar : isko koi thodo bhai…
10:11 Uttam : daya ko bulao 😉
10:11 MJ : 464 kya plan tera?
10:11 MJ : bnf
10:11 Chandrashekhar : ha ha…
10:12 Ankush Jain : nominate a Daya in this room
10:13 Abhishek : all slow small orders till 135 got executed. Risk 0.5% now
10:14 Abhishek : 172 half out
10:14 Shai : 172 book half- (09:45) Shai : Buy 14500 pe at 15 2sl of 122 tgt 207
10:14 Chandrashekhar : c here
10:14 Shai : sl at cost now
10:14 MJ : cheers bossman!
10:14 Shai : shorting the F would have been better
10:14 Ankit Maheshwari : yes
10:15 Shai : 531 and down- (09:48) Shai : using 14540 as ref for shorts now
10:15 K2dt : pe came thru eventually 🙂
10:15 Ankush Jain : premiums doing ding dong
10:15 Shai : this one given at 09.30 still holding- (09:29) Shai : 14425 now a supp
10:15 Ankit Maheshwari : these BNF greens, inka kya hoga
10:16 MJ : bnf greens of the IB bar exiting here.
10:16 Ankush Jain : Daya ko yaad kiya to aa gya
10:16 Ankush Jain : 🙂
10:16 Ankush Jain : greens par no daya
10:16 Shai : sl at 169 now- (10:14) Shai : 172 book half- (09:45) Shai : Buy 14500 pe at 15 2sl of 122 tgt 207
10:17 Ankit Maheshwari : out
10:17 Shai : Book out
10:17 Indronil : out
10:17 Ranjith : done
10:17 Ankush Jain : out
10:17 Arul : booked
10:17 Shai : we go deep ITM for next trade
10:17 Arul : booked puts
10:17 Shai : got robbed of 25 points 🙁
10:17 Sanjib : No IS since 9:30 #NF
10:17 Arul : fut still carrying?
10:17 Ankit Maheshwari : yes
10:17 Ankush Jain : yes
10:17 Shai : NF prem at 16
10:18 Indronil : i guess ivs strike wise needs to be checked
10:18 Ankush Jain : 1 DT ho jaana tha
10:18 Surendra : thanks chief, wouldn’t have made money in such trade if not for your guidance
10:18 Indronil : +1
10:18 Shai : Cheers
10:18 Ranjith : very true
10:18 Sandeep Partham : very true. thanks chief
10:18 Nisha : so true 🙂
10:19 Shai : Half the job is not to get trapped by random meanigless levels for bias
10:19 Uttam : +100
10:19 Siddharth : traded 14400 ce from 188 to 154.. thanks chief
10:19 Anand : +1 _/\_
10:19 Bhavin : +100
10:20 K2dt : can’t agree more chief +100 (10:19) Shai : Half the job is not to get trapped by random meanigless levels for bias
10:21 Ankit Maheshwari : C has good volumes so far
10:21 MJ : You warned us early (09:49) Shai : don’t get caught on the wrong side today with random levels
10:21 Sumeet : that bias webinar is gold
10:21 Ankit Maheshwari : Shai if we break, 14420 supp, what’s next?
10:22 Milind : +1 Sumeet
10:22 Ankit Maheshwari : just to be prepared mentally
10:22 Ankush Jain : could’nt agree more Sumeet
10:22 Arul : booked fut too
10:22 Ankush Jain : it just changed my whole perspective
10:23 Arul : Can anyone help how was 14540 ref line
10:24 Shai : OTF driving today
10:24 Shai : stay one side only
10:24 Shai : what is the bias now?
10:24 Ankush Jain : of course chief
10:24 Chetan : seller
10:24 Chandrashekhar : downside…
10:24 Tejaswini : negative chief
10:24 Indronil : down
10:24 Nagaraj : Short
10:24 Ranjith : down
10:24 Ankit Maheshwari : short bias
10:24 Ashwin : short
10:24 Arul : Got that Shai… short
10:24 Ankush Jain : down aur sirf down
10:24 Sanjiv : down
10:24 Milind : -ve @Shai
10:24 Amit null : down only till now
10:25 Chetan : OTF means?
10:25 Chandrashekhar : below 420 can we look for 360>260 as probable tgts Shai?
10:26 Shai : (09:32) Shai : 14530 added supply(09:33) Shai : 31375 ref line in BNF(09:34) Shai : drive down is big(09:34) Shai : no conter trends
10:26 Shai : Check where BNF stopped . Gave the level at 09.30\
10:26 Arul : I am trying to understand, how did we arrive at the number 14540…
10:27 Arul : Got it now… Thanks Shai…
10:27 Ankush Jain : today goto fonts not very clear
10:27 Ankush Jain : OF numbers
10:28 Surendra : NTZ for now Chief?
10:29 Rajesh G : shai dpoc shifted
10:29 Indronil : hdfc bank shud be the next victim
10:29 Sanjib : 212 guy gets trapped
10:29 Rajesh G : nf trying to make b shape
10:30 Rajesh G : ?
10:30 Chandrashekhar : PE’s not in sync looks like
10:30 K2dt : yes
10:30 Jitender : yes RG….extension wud be fun…else watch mode for stbr
10:30 Indronil : fluctuating vix is the reason behind ping pong premiums
10:30 Jitender : IVs Indronil
10:30 Rajesh G : thanks Jit
10:30 Indronil : ivs*
10:30 K2dt : jit nest up? i recd a mail from upstox that they have suspended nest for now
10:30 Chandrashekhar : +1 Jit
10:30 Jitender : options are skewed dependn upon liquidity
10:31 Indronil : +1
10:31 K2dt : pro.upstox is slow as s***
10:31 Jitender : no K2
10:31 K2dt : 🙁
10:31 Chandrashekhar : 450 is the budget day high per fut levels?
10:32 Jitender : just did a sell at vwap and cvrd for bread on mobile…so will be tradn less…..as pro web sucks
10:32 K2dt : +1 Jit
10:32 K2dt : cheers
10:33 Jitender : tx
10:33 Yash null : order flow rocks, see mkt going bonkers, got into rbl pes
10:33 Yash null : this is something advantage of order flow
10:34 Yash null : flowwhen mkt wants to go up,
10:34 K2dt : 31132 is budget day poc bnf
10:35 Ankush Jain : upstoxx having too many issues lately
10:35 Arjun : they recently had data leak of all theur custoemr base also
10:35 Prashant : anybody using samco ?
10:36 Sumeet : ext?
10:36 Rajesh G : how is c side volume
10:36 Chandrashekhar : not yet
10:36 Chandrashekhar : now we have\
10:36 Ankit Maheshwari : 1644 buy
10:36 Ankit Maheshwari : EOA?
10:36 Chandrashekhar : bug buy with 0’s below EOA Shai?
10:37 SagarA : EOA?
10:37 Chandrashekhar : big buy*
10:37 Uttam : wait for the bar to complete
10:37 Ankush Jain : maybe short booking out
10:37 Uttam : could be a mix of both
10:37 Rajiv Ohri : Shai EOA in NF
10:37 Uttam : 0s below
10:37 Chandrashekhar : breakout traders may enter short here..but OF giving us clear signals…
10:38 Sanjib : what is the POC mentioned at 14415?
10:38 Uttam : 14473 ref in NF now on upside
10:38 Jitender : dpoc Sanjib
10:38 Chandrashekhar : thats the POC for tht bar…we have 170+ buy vol there
10:39 Sanjib : Thanks Jit
10:39 Chandrashekhar : bnf @ 30 min lower ref
10:39 Swapnil : 14420 broken
10:39 Ranjith : put can be intiated //
10:40 Ranjith : IS and trading below high value green SLO ??
10:40 Ranjith : is it UG ??
10:40 Chandrashekhar : reds getting stuck here looks like
10:40 Ranjith : wrong
10:40 Ranjith : myself
10:41 Prashant : 14450 for new short?
10:41 Rajesh G : nf trying vwap now
10:41 Rajesh G : ?
10:42 K2dt : too far frm vwap
10:42 Jitender : LLT+DPOC+C extn
10:42 Jitender : in nifty
10:42 MJ : 🙂
10:42 Rajesh G : yes jit
10:43 Shai : 14480- 500 doable here
10:43 Shai : sl 14400
10:43 Ankush Jain : contra?
10:43 Arul : c extension?
10:43 Shai : closure of morning shorts
10:43 Ranjith : c ext
10:43 Ranjith : is it
10:44 Rajan Modi : in lat drop Nifty spot didnt make new lows
10:45 Jitender : +1
10:45 Sanjib : 14400 CE 141 to 150 Chhota Bheem trade
10:45 Shai : +1
10:45 MJ : Cheers Sanjib
10:46 Arul : +1
10:46 Sanjib : _/\_
10:46 Surya ganti : shai.. should we take that long or is that just an indication of the auction?
10:47 Rajesh G : if we get
10:48 MJ : Classic Jit (10:42) Jitender : LLT+DPOC+C extn
10:48 MJ : EOA and DPOC shift pushed me out of pes, did SAR
10:48 Jitender : 🙂
10:48 K2dt : chief goto charts didnt show dpoc shift
10:48 Sanjib : Agree MJ. I took the counter trade based on this Jit’s message(10:48) MJ : Classic Jit (10:42) Jitender : LLT+DPOC+C extn
10:48 Shai : hope no one shorted at lows
10:49 MJ : How will we? 🙂 OF hai na.
10:49 KK : 14440 to 14470 NF
10:49 Rajan Modi : bought NF at 14411
10:49 Jitender : nf completes my DT….peace pipe now….and too on mobile…Jai Mata Di _/\_
10:49 Chandrashekhar : +1 Jit..nice read..as always
10:49 Sumeet : 14500pe 190-60
10:49 Bhupesh : bought nift at 14430
10:49 K2dt : badhiya trade Jit…
10:49 Ranjith : Didnt thought of it but candle close was above green 1715
10:49 K2dt : jmd Jit..cheers 🙂
10:49 Sumeet : 190-160
10:49 Abhishek : Cheers
10:49 Sanjib : Congo Jit
10:49 MJ : Karma DT too Jit 🙂
10:49 MJ : thanks for sharing with us.
10:49 Jitender : cheers guys…c if u r clear on setups…how it works…shanti se khao
10:49 Ankit Maheshwari : 1000 lots gives 100 points 🙂
10:49 Shai : 14475- (10:43) Shai : 14480- 500 doable here(10:43) Shai : closure of morning shorts
10:49 Gopi : +100 jit
10:50 Jitender : i told aby dpoc on thrusday evening also
10:50 Sumeet : clarity + precision in this room is off the charts
10:50 K2dt : dpoc is ambuja cement Jit..+100
10:50 Jitender : disclipline bhagwan che
10:50 Prashant : Jit…that poc thing is not clear…please put a few words, here or on slcak…thanks
10:50 Rajiv Ohri : +1000
10:50 Ranjith : Still 14473 is ref line
10:50 MJ : second touch to vwap in bnf
10:50 MJ : watching what it does here.
10:50 Uttam : dPOC of NF still at 14510
10:51 MJ : 417
10:51 MJ : UG.
10:51 MJ : charts.
10:51 MJ : system saying 417.
10:52 Ranjith : yes 417
10:52 KK : 14500 PE , very keen to go other side of VWAP to 122
10:52 Uttam : dPOC cannot be below days Value 🙂
10:52 Uttam : VAL at 14416
10:52 Prashant : as per mplite it is 504
10:52 Prashant : 508
10:52 Uttam : 14442 sorry now
10:52 Uttam : VAL
10:52 Ranjith : 31375 still ref line in BNF UG
10:53 Prashant : but max vold today has traded at 14450
10:53 Rajesh G : shai your set ups are amazing
10:53 MJ : C low LLT EOA all in the making to letgo of that pe.
10:53 Jitender : Prashant..dpoc at day lows with LLT means sumone has put volume tere…so now either he will become supp (80% probab) or resis (20% probab)….+ u had C extension …..so good place for a grt r/r trade
10:54 Rajesh G : jit waited for that trade and it came
10:54 Jitender : and once other algo’s read it..tey will cover
10:54 Jitender : u get a rise 🙂
10:54 Jitender : tat IB has lot of ST covern
10:54 Favas : bnf dpoc nort moving?
10:54 Jitender : IB bar
10:54 Nagaraj : +1 Jit
10:54 K2dt : prashant is is like ambuja cement..like strong deewar
10:54 Jitender : Cheers RG
10:54 Uttam : yes was a classic C side today tho;ugh vols were good thanks to that big buyer or the short cover at 14418
10:55 Rajesh G : cheers
10:55 Uttam : almost gives VWAP but stalling at the upper 30min level – NF
10:55 MJ : bnf is resting at vwap
10:55 Chandrashekhar : +1 Uttam
10:55 Prashant : Ok, way i understand it is, that poc at lows mean that acceptance of value has come lower…so even if prices recover they come back lower to that value…
10:55 Jitender : poss….
10:56 Chandrashekhar : that 30 min ref are awesome..BNF bounced from the lower 30 min ref now…and NF just seeing res
10:56 Uttam : BNF took support right at the 30min lower level 31057 and got a stuck red in that bar which gives vwap – (10:52) Ranjith : 31375 still ref line in BNF UG
10:56 Uttam : yes 31375 remains imp ref
10:56 Jitender : but see if sumone has bought and mkt goes up..it will kill shorts also in ST
10:56 Jitender : C is ideally an extension right..but if it goes back into B…it becomes a reverse trade
10:57 Jitender : SL hunting is an essentila part of ID
10:57 Jitender : essential
10:57 Jitender : hope m not disturbn u guys….
10:57 Prashant : right jit…thanks
10:57 MJ : no jit
10:57 K2dt : Jit u noticing more of hunting post that order to trade circular in bn futures or same ?
10:57 MJ : please keep sharing. value info.
10:57 Ankit Maheshwari : no Jit, this is great insight
10:58 MJ : There are times I mess the C exits.
10:58 MJ : need to polish that.
10:58 Jitender : K2 vwap in bnf is the decider now…
10:58 K2dt : Jit!!!!! :)))) (10:57) Jitender : hope m not disturbn u guys….
10:58 Saheer : Super Jit. Great learning. +100. keep them flowing
10:58 MJ : either I wait too long, or cut too soon.
10:58 Ranjith : Thanks :)(10:56) Uttam : BNF took support right at the 30min lower level 31057 and got a stuck red in that bar which gives vwap – (10:52) Ranjith : 31375 still ref line in BNF UG
10:58 K2dt : tx Jit
10:58 Ranjith : Thanks UG
10:59 Uttam : _/\_
10:59 Jitender : tx guys
10:59 Rajesh G : jit please sharing your views
10:59 Mayur : +1
10:59 Jitender : +1
10:59 Swapnil : Nice patient explanation Jit.
10:59 Chandrashekhar : (10:49) Shai : 14475- (10:43) Shai : 14480- 500 doable here(10:43) Shai : closure of morning shorts
10:59 Prashant : understanding it as sup/res makes sense
10:59 Rajesh G : your everyline is a rule for me
11:00 Jitender : and remember Sl must for every trade..after its a ll a probab game…no certainity
11:00 Jitender : SL
11:00 K2dt : can expect a b shaped profile Jit now?
11:01 Prashant : Shai, could you reconcile room charts and mplite…mplite shows hardly any vol at room dpoc of 14417…thanks
11:01 Jitender : chances r now tere….but its a volatile day..so dont look fr tat..rather look for good r/r spots
11:01 K2dt : noted Jit tx
11:02 Uttam : dPOC in NF has a chance to shift to 14450 as vols almost same as 14510 there now
11:02 K2dt : but data box shows as 417
11:02 Rajesh G : d>c
11:02 K2dt : dpoc….which is the corretct one?
11:02 Shai : both are smae volumes
11:03 Shai : 14417 is one player
11:03 Shai : 14440 is market vols
11:03 K2dt : tx chief
11:03 Prashant : but 417 in mplite has hardly any vol..
11:03 Shai : don’t be too bearish now till we get a flow of reds below 14425\
11:04 K2dt : +1
11:04 Shai : MP charts are not tick data
11:04 Shai : Just seen some covering of morning shorts
11:04 K2dt : chief possible to have dpoc tag like room charts in 5 min goto?
11:04 Shai : Bias change only abv vwap per the rules of the system we follow
11:05 Shai : hope all clear
11:05 Ranjith : ys
11:05 Indronil : y
11:05 MJ : chief support in that 14500 pe?
11:05 Arul : In that case do we enter shorts with VWAP as SL?
11:05 Shai : There was a long opp at 14432 based on the Orderflow we saw but it is only for aggressive traders\
11:06 Jitender : 120 down from it (10:58) Jitender : K2 vwap in bnf is the decider now…
11:07 Shai : +1
11:07 MJ : +1 jit
11:07 Bhavin : +1
11:07 Ranjith : bN F down 200 from ref line 31370
11:07 K2dt : experience jit _/\_
11:07 Ranjith : UG 🙂
11:07 Jitender : Prashant ..now St dpoc move clear i hope
11:08 MJ : Sold here Jit (10:50) MJ : second touch to vwap in bnf
11:08 Prashant : I hope so :)…thanks
11:08 Jitender : trail pls MJ
11:08 MJ : yes j
11:09 MJ : The green bands ended at the dash of vwap.
11:09 Jitender : chalo..atleast i can take teachin..wen i retire or AI based algo’s kill manual trading 🙂
11:10 Swapnil : Why wait till retirement Jit 🙂
11:10 K2dt : :)))
11:11 Prashant : +1 swapnil
11:11 Jitender : u mean develop teaching algo’s Swapnil 🙂
11:12 Arul : Jit: BNF closed above 31262. But how di u determine the short. Did u come to that decision at 11.05 or 11.10. Pls help understand
11:13 Jitender : deppends upon yr speed
11:13 Adnan : val lines missing chief
11:13 Jitender : wat u see in one bar prev..10.25 one
11:13 Jitender : tat bar should have told u …tat probab of going below vwap opens
11:14 MJ : 277-077 done bnf. part out.
11:14 Jitender : &10.55* bar
11:14 MJ : tsl 147
11:14 Jitender : and 11am bar didnt go abv 10.55 bar..
11:15 Jitender : got it Arul ?
11:15 Arul : Thats aggresive shorts right… without confirmation. What if 11am candle closed above 10.55. Did we get the confirmation at 10.55am or 11am.
11:16 Arul : New here… trying to understand the how it works
11:16 Jitender : aggressive def….
11:16 Jitender : tats why SL…
11:16 Ashwin : 0s at the top in 10.55 bar (11:14) Jitender : &10.55* bar
11:16 Arul : whats ur sl when u took the trade
11:16 Jitender : but vwap has happened once rite…and buyer at low…will book were….at vwap
11:16 Jitender : vwap swipe*
11:17 Ashwin : do the zeroes count here Jit?
11:17 Jitender : i dont understand tem much..but yes u can use them ad only additional confirmation…not isolated..imo
11:17 Jitender : as
11:18 Jitender : see with bnf u have to give room for swipes…its a 32k value instrument
11:18 Arul : what is swipes
11:19 Jitender : or devise yr system to trade it
11:19 Arul : jit sorry to ask too many questions
11:19 Jitender : swipe…is 10.55 + 11 am bar
11:19 Jitender : going abv vwap to hunt SLs and coming back in
11:20 Jitender : C exten setup is a 30min TF swipe
11:20 Arul : ok, getting it. Thanks Jit
11:20 Prashant : thanks for those valuable insights Jit !
11:21 MJ : Post C this is the most common occurence (11:19) Jitender : going abv vwap to hunt SLs and coming back in
11:21 MJ : And it lets you design a trade. with right invalidation.
11:22 S M : Volumes are back to normal 5 minute trade level’s 500-700. Seems institutions are done done for the day.
11:23 Ankush Jain : NF dpoc is 14417?
11:23 MJ : They are waiting for retails to trade random levels. and then bajao. 🙂
11:23 Ankush Jain : whtas is this bold white line ta 14449?
11:25 Uttam : that is the dPOC A 14450
11:25 Abhishek : somone’s mic is on in GOTO
11:25 Abhishek : please check
11:26 Chandrashekhar : new low coming in NF?
11:26 Surya ganti : bnf leading the way
11:27 Chandrashekhar : +1
11:27 MJ : 613 bnf guy.
11:28 Sanjib : someone is speaking on GoTo. Request please Mute
11:28 Ankush Jain : IS at IBL
11:28 Chandrashekhar : MH may undergo 15 day lockdown post Ambedkar Jayanthi – news
11:28 Sanjib : Attendee 44 please mute yourself
11:29 Sanjib : Thanks
11:29 K2dt : 414-520 31000pe
11:29 Jitender : +1
11:29 K2dt : tx Jit
11:30 MJ : jabbar! Kush
11:30 Sanjib : Attendee 36 please mute yourself
11:30 Surya ganti : i turned off the audio
11:31 K2dt : thnc bruh MJ 🙂 congo to u too..killer traders u doin since morning 🙂
11:31 K2dt : trades*
11:31 Sanjib : +1 (11:30) Surya ganti: i turned off the audio
11:31 Jitender : MJ is a quick n resilient earner
11:31 Jitender : learner…though earner is also apt
11:31 K2dt : he is fantastic at trading the extremes frm wat i know 🙂
11:32 K2dt : agreed Jit +100
11:32 MJ : Aj mera din hai /\
11:32 MJ : always a learner.
11:32 Ankush Jain : learner is always a earner
11:33 Jitender : Prashant..yr dpoc is tere and today u got a classic example of ST moves..i explained
11:33 Ankit Maheshwari : Nandy writing 31K PE
11:34 K2dt : 144-153 14400pe
11:34 Surya ganti : 771 reds!
11:34 MJ : All out (11:14) MJ : 277-077 done bnf. part out.(11:14) MJ : tsl 147
11:34 K2dt : volatility ki jai ho
11:34 Chandrashekhar : exacty at 30 min ref
11:34 Jitender : +1 MJ
11:34 K2dt : 590 greens bnf
11:34 S M : volume at POC – WOW
11:35 K2dt : with every fall vpoc shifting down in bnf
11:35 Tejaswini : OTF comntinues in NF
11:35 MJ : Shorts tsl tighter.
11:35 K2dt : +1
11:36 Jitender : Shorts should have beeked ideally
11:36 Surya ganti : got full meals in that PE trade of the morning.. just watching for now
11:36 Jitender : booked*
11:36 MJ : Yes jit if anyone stayed, then tighter tsl must. else giving back the greens.
11:36 MJ : dlo1 dlo2 close to eachother. and ibl just above that in nf.
11:37 K2dt : bnf againg forming that mb
11:37 K2dt : at 31k
11:37 Jitender : see 100 up from lows…:) (11:36) Jitender : Shorts should have beeked ideally(11:36) Jitender : booked*
11:37 MJ : When I saw this guy, I had to move tsl down and eventually bookout. (11:27) MJ : 613 bnf guy.
11:37 K2dt : now 2 of them MJ :))
11:37 Tejaswini : +1 jit and MJ
11:40 Arul : what is 31070 line in the graph. pls
11:41 Uttam : you have 30min upper and lower levels marked on the chart Arul
11:41 Chandrashekhar : Looks like NF is waiting for Shai’s 30 min lower ref to move further down;)
11:41 Uttam : level also mentioned in yellow on the left hand side
11:41 Uttam : BN spot yet to make new lows
11:41 Ankit Maheshwari : 14425 now supply Shai?
11:42 Surya ganti : looks like
11:42 Uttam : 14445 ref in NF
11:42 MJ : that pe of shai is flying
11:42 MJ : 220
11:42 Surya ganti : wow
11:42 Uttam : fresh red band started there and also has a 0
11:42 Ankit Maheshwari : 189 to 215 on 14500PE
11:42 Uttam : now it does – (11:41) Uttam : BN spot yet to make new lows
11:43 K2dt : aadha time to marketwatch mei strikes add krne mei ja rha 🙂
11:43 Surya ganti : lol
11:44 K2dt : 🙂
11:45 Arul : Thanks Uttam
11:46 Uttam : +1
11:46 K2dt : puts falling more than spot/nf rise…not even vix cool off…. jai ho indian mkt _/\_
11:46 Ranjith : in 11.40 candle is it green 976 ??
11:48 Uttam : you taking about NF or BNF @R?
11:49 Ranjith : bnf UG
11:49 Ranjith : not able to make out clearly from chart
11:49 MJ : Wow. bandhan indus idfc all are tanked and how
11:49 MJ : just saw the banking stocks.
11:49 Uttam : 570 on buy side in that bar where the POC lies
11:50 Surya ganti : uttam.. what is the 14449 white bar?
11:50 MJ : jit any macros affecting banks? something that we’d have missed?
11:51 Jitender : anticipation of impact in earnings n incr in NPAs
11:51 Uttam : dPOC – (11:50) Surya ganti: uttam.. what is the 14449 white bar?
11:51 MJ : Okay thanks jit.
11:52 Shai : Buy 14600 pe at 277 sl of 242 tgt 340
11:54 Shai : stay with the OTF
11:54 Uttam : BNF chart gone underwater Shai 😉
11:54 Surya ganti : cudnt get a fill at that price in the PE.. too swift
11:55 Milind : What is a F traget @Shai?
11:55 Shai : 299 book half- (11:52) Shai : Buy 14600 pe at 277 sl of 242 tgt 340
11:55 Shai : sl at 266 now
11:55 Shai : 14540 SL in NF for for 14200/ 14110 intra
11:56 Shai : we will keep selling rises
11:57 Shai : BNF has greens here
11:57 Shai : 30850 zone
11:58 Shai : wait for reds in BNF for new shorts
11:59 K2dt : 12pm riti rivaaj low done..now give a pullback
12:00 Surya ganti : wud be a good selling opportunity with a pullback
12:00 Shai : we will book this leg at 14340
12:01 Shai : 3rd IS below 14420
12:01 Shai : we shorted on 2nd
12:01 Uttam : +1
12:02 Prashant : Shai .. what’sthe 14420 reference line ?is it IBL ?
12:03 Shai : check expiry day OF
12:04 Uttam : has been mentioned in the monthly & daily reports too
12:04 Surya ganti : huge reds again at dlo
12:04 Uttam : 14317 spot was a voc which is now tagged
12:05 Shai : 322 book full- (11:52) Shai : Buy 14600 pe at 277 sl of 242 tgt 340
12:05 Shai : 14339- (12:00) Shai : we will book this leg at 14340
12:05 Surya ganti : 0s at the bottom?
12:05 K2dt : super this trade was chief 🙂
12:05 Jitender : +1
12:05 Tejpreet : +1 Shai
12:06 Uttam : red band gives lower 30min level
12:06 Uttam : +1
12:06 Surya ganti : kudos.. great trade
12:06 Sandeep Partham : super trade
12:06 Ranjith : true
12:06 Shai : Cheers – (12:05) K2dt : super this trade was chief 🙂
12:06 Prashant : Btw, there are more than 1 Prashants here..
12:07 Tejpreet : @Jit been here long but guess this time Shai has been phenomenal in timing . +100 Shai for timing of both enteries and exits
12:07 Ankush Jain : missed the 2nd trade
12:07 Jitender : +1 Tej
12:08 Jitender : Shai is the green one
12:08 Prashant : Got i t(12:03) Shai : check expiry day OF
12:09 Tejpreet : +1Jit
12:09 Shai : Cheers guys- we take our points and move on
12:09 Prashant : 25th mar poc here
12:10 Jitender : 500+ (10:58) Jitender : K2 vwap in bnf is the decider now…
12:10 Ankit Maheshwari : where is 2IB?
12:10 Sunil : That PE now @ 340
12:12 Yash : Chief, can you plz zoom charts in room
12:12 Sunil : OF candlesowing not showing any numbers
12:12 Shai : we wait for abounce to 14420 now
12:13 Chandrashekhar : 2IB @ 14160 for NF?
12:13 MJ : ek pullback to reload banta hai.
12:13 Chandrashekhar : we have an iB of 265 points today
12:13 Sandeep Partham : Chief – when you mention Nifty points like above 14420, you always refer to Nifty Futures right?
12:14 Uttam : yes S
12:14 KK : 30500 PE 418 to 368
12:15 K2dt : congo KK
12:15 Uttam : 14315 was the buying tail in NF from 1st Feb
12:16 Yash : are we going for DD??
12:16 KK : 14200 entry at 98 on that cover after PE booking..saved my SL by 1 as was SL 111
12:16 KK : 14200 PE
12:18 Uttam : PBL (Pull Back Low) actually – (12:15) Uttam : 14315 was the buying tail in NF from 1st Feb
12:18 Surya ganti : pullback opver 😛
12:21 KK : low volume again to give fills..
12:21 KK : 2nd trip 400 to 360 on that 30500 PE, ab bas
12:23 Favas : bnf any possibility for vwap?
12:23 Favas : jit ur ref?
12:23 Jitender : 30900
12:23 Ranjith : 30900 ref line for bNF is Jit ?/
12:24 Jitender : ST pivot
12:24 Jitender : 900-930 zone
12:24 Ranjith : ST pivot didnt understand sir
12:25 Jitender : Ranjith its a ref of a system i follow…
12:25 Ranjith : ok
12:25 Jitender : above 30900…greens will trigger SC…ST
12:25 Jitender : as per my method
12:25 Favas : thnks jit
12:26 Jitender : pls go by Shai’s levels n ref for VT trading system pls
12:26 Ankit Maheshwari : USDINR cooled, RBI aaya kya?
12:26 Prashant : Whats ST Jit ? Short term ?
12:27 Ranjith : sure
12:28 MJ : 252 nf top
12:29 Jitender : 5min tf Prashant
12:31 Shai : pullback done
12:31 K2dt : 🙂
12:32 K2dt : tat was a chutku pullback 🙂
12:32 Shai : Buy 14500 pe at 240 sl of 211 tgt 297
12:32 Abhishek : nano pullbacl
12:32 K2dt : 🙂
12:32 MJ : 4th IS chaida
12:35 K2dt : chief 340still a valid ref for shorts?
12:35 Shai : yes
12:36 K2dt : tx
12:36 Shai : budget day
12:36 K2dt : oh yes 🙂
12:37 MJ : 14351 budget day close.
12:37 K2dt : Jit 650 gud ref for bnf shorts again? 27th jan singles there
12:37 MJ : F wise.
12:39 Arul : bought 14500 225
12:39 K2dt : tx MJ
12:40 Jitender : Obj fro 31k+ sellers is 30560 odd
12:40 Jitender : K2…
12:41 K2dt : yes 560 too a poc..tx Jit
12:41 Shai : exit the PE at 225 cmp
12:42 Shai : we will come back again in it
12:42 KK : bnf
12:42 MJ : profile smoothning time?
12:43 KK : Jit, SC above 930 ?
12:44 Jitender : lets c…
12:44 Jitender : has to sustain
12:47 K2dt : real damage today is in small and mid caps
12:49 Tejaswini : Yes Kush. and my guess is retail must be stil BTFDing all the way
12:49 K2dt : 🙁
12:50 Jitender : its profit bookin tere
12:51 KK : ho gaya not going
12:52 Yash : adani bubble burst hota he ki nai,,,dekhna he
12:52 Yash : i mean hoga to sahi aaj nai to next month!
12:57 MJ : everyone wants adani down 🙂
12:57 MJ : though the real smart money in adani has made enough.
12:57 S M : Too big to FALL . . . (12:57) MJ : everyone wants adani down 🙂
12:57 Yash : how do you justify this valuation?
12:58 Yash : and at this stage, if you want to sustain this prices, what kind of fund one has to manage?
12:58 Yash : classic case of ADAG group!
12:58 MJ : I am not talking fundamentals. If you have OF for adani. do watch it 🙂 you will know clear cut case of Volex.
12:58 MJ : But yeah. not a stock for folio.
12:59 Ankit Maheshwari : volumes in this IB?
12:59 Surya ganti : looks like low volume IB
13:00 Ankit Maheshwari : RS to banta hai
13:00 K2dt : bouncing off 340 again and again nf
13:01 MJ : 900-930
13:01 Jitender : n u have an IB tere after sum time
13:01 MJ : wapis
13:01 MJ : 🙂
13:01 Jitender : K2
13:01 K2dt : yes Jit..ib+transition bar now too
13:01 Rajesh G : volume missing
13:01 Jitender : yup
13:01 K2dt : tho wont take longs here
13:02 K2dt : contra it is
13:02 Jitender : was typn tat RG..u beat me to it
13:02 Sunil : can this be considerd legit transition, since the vol is so low
13:02 K2dt : no Sunil
13:02 Rajesh G : jit u are guru
13:02 Yash : today k will be fun?
13:02 Jitender : he is almighty_/\_…we all are tryn to fid our way
13:03 Jitender : find
13:03 Yash : tomo is holiday or wed?
13:03 KK : since IBL in BNF not taken out, new low expected in BNF ?
13:03 K2dt : wed
13:03 Jitender : is off
13:04 Jitender : mkts closed on wed
13:05 Tejpreet : both this and next 14/21
13:05 Jitender : ys
13:05 Yash : hdfc bnk new lows!
13:05 Jitender : Tej..anyway to put marketwatch in full screen mode in upstox pro ?
13:05 Milind : chppy market hitting SL
13:06 Tejpreet : i ain’t using upstox for long now
13:06 Yash : trying to defend 1370!
13:06 Jitender : k Tej….u switched to kotak ?
13:07 Tejpreet : no , 5 paisa for id and option selling on zerodha
13:07 Jitender : +1
13:08 Tejpreet : 5paisa is 10 bucks per trade ….tried another one finvasia zero brokerage but then can vanish anytime….5 paisa is till ok.
13:10 Jitender : cool
13:15 Ankit Maheshwari : PEs increasing without underlying
13:15 Ankit Maheshwari : expecting next leg?
13:17 MJ : bnf reds can be sprayed?
13:17 Uttam : red band needed in NF
13:18 Ankit Maheshwari : Shai can you adjust NF chart
13:18 S M : BAHUT ZAROORI HAIN (13:15) Ankit Maheshwari: PEs increasing without underlying(13:15) Ankit Maheshwari: expecting next leg?
13:18 Ranjith : UG … BNF 2 IS
13:19 Uttam : very low vols both IS came on R and even the red band has ended now in it
13:20 Ranjith : ok UG 🙂
13:23 Ankit Maheshwari : Reds piling up in BNF
13:23 Tejaswini : UG what would be 2IB levels in BNF and NF?
13:23 Uttam : 30457 is 1.5 IB & 29976 is 2 IB
13:24 Uttam : 14291 & 14158 in NF
13:24 Tejaswini : Thanks UG. Very helpful
13:24 Uttam : +1
13:25 Chandrashekhar : this is getting very tricky here looks like
13:25 MJ : I wants low?
13:25 MJ : I TPO
13:25 Uttam : H left a PBH
13:25 MJ : not me.
13:25 Ankit Maheshwari : PEs not moving well now
13:26 Indronil : ril and hdfc bank both giving up
13:26 Yash : yes, RIL leading!
13:27 Rajan Modi : again buyer at 14317
13:27 Ankit Maheshwari : short closing it seems
13:27 Ankit Maheshwari : Waiting for chief here.. no trades for me
13:28 MJ : I tpo low done. No bands and another LLT here.
13:28 S M : Nice observation (13:15) Ankit Maheshwari: expecting next leg?
13:28 MJ : boom baam!
13:29 Chandrashekhar : 14300 PE collapsed from 150-130 on the last candle
13:29 Ankit Maheshwari : Laggards ko le gya
13:29 Indronil : im wondering how others without OF must be coping up with this kind of volatility
13:29 Chandrashekhar : +1
13:29 MJ : Laga ke legaya Ankit 🙂
13:29 Ranjith : 1200 odd red stuck in BNF
13:29 Chandrashekhar : (13:25) Chandrashekhar : this is getting very tricky here looks like
13:29 Ankit Maheshwari : New Low in I btw 🙂 on NF
13:29 MJ : 🙂
13:29 MJ : Good read chandra.
13:30 MJ : 753 my boyyy!
13:30 MJ : gave good trad.e
13:30 Chandrashekhar : yeah that guy changed it for now..753 greens
13:31 Ankit Maheshwari : Is it Lockdown or something else too?
13:31 Ankit Maheshwari : banks down 8-9 even 10%
13:31 MJ : (11:50) MJ : jit any macros affecting banks? something that we’d have missed?(11:51) Jitender : anticipation of impact in earnings n incr in NPAs
13:31 Yash : not staying short
13:31 MJ : @ankit
13:32 Jitender : tcs results 2day evening
13:32 Yash : RIL at imp junction may be!
13:32 Ankush Jain : since 1215 NF looks like a NTZ. Its coiling around 14350
13:32 MJ : hdfcbank visiting the famous/infamous 200ema after sept 2020
13:32 Aman Singhania : banks npa is increasing in each and evry sector
13:32 Aman Singhania : my fren fren is a manager
13:33 Aman Singhania : he was like v soon bank realty wil cme out
13:33 Ankit Maheshwari : Bad bank zindabad
13:33 Ankush Jain : if any lockdown happens, banks gonna take it on their chin
13:33 Yash : may be this is result of system failure from govt
13:33 Ankush Jain : RIL hits intra day low of 1900
13:33 MJ : bandhan bank ke sab bandhan toot gaye it seems.
13:33 Yash : though markets know it better than us
13:33 Tejaswini : RS after that RB
13:34 Ankush Jain : markets always know better than us
13:34 Tejaswini : this 753 guy is intresting
13:34 Ankit Maheshwari : Waiting on sides, no trade for now
13:34 Yash : so that day those 10k+ guy knew something
13:34 Yash : or may be they are trying to tell something to govt.
13:34 Tejaswini : Waiting for chief to decifer this (13:34) Ankit Maheshwari: Waiting on sides, no trade for now
13:35 Ankit Maheshwari : yes
13:35 Ankit Maheshwari : +1
13:35 Ankit Maheshwari : there would be some reason why closed last PE at cost and didn’t re-enter
13:35 Tejaswini : +1 AM
13:36 MJ : Since 1245 nf has missing bands.
13:36 MJ : somehing to note
13:36 Ankit Maheshwari : 9IS, 1IB today in NF
13:36 Tejaswini : +1 MJ. Also BNF is not getting any supply below IB today. 1.5 IB hasnt been tagged till now
13:37 Tejaswini : But also its an OTF
13:37 Ankush Jain : aayega, band bhi aayega
13:46 Arul : Im not able to see the chart in trading room
13:47 Uttam : try logging in again Arul as charts are fine
13:50 MJ : ok bnf leave that 770-750 now
13:50 MJ : enough.
13:51 Uttam : NF in the process of shifting the dPOC lower to 14360 level
13:52 Uttam : BNF dPOC already down at 30850
13:53 Tejaswini : Chief below 14320 auction could be fast as that 753 guy would be negated?
13:53 Tejaswini : I mean possibility of 0’s may be there?
13:55 Ankit Maheshwari : Question is would there be the next leg?
13:55 Shai : b forming
13:55 Ranjith : DPOC mentioned is 31859 sir in chart , Am I looking wrong (13:52) Uttam : BNF dPOC already down at 30850
13:56 Shai : bands not there to initiate
13:56 MJ : +1
13:56 Shai : late sellers getting trapped
13:56 MJ : K coming
13:57 Prashant : mj in a hurry…
13:57 MJ : 😀
13:58 Shai : yes not much supp for the marjket below that 753 lot guy
13:58 Ankit Maheshwari : Shai adjust NF chart here plz
13:58 Uttam : @Ranjith – check this https://mplite.vtrender.com/?symbol=BANKNIFTY_E29-04-2021&tf=daily&tpo=12&ll=&ul=&sp=1&startDate=23-03-2021&endDate=&nDays=0&idstr=&dstr=1.3._3.2&rst=0&iam=
13:59 Ankit Maheshwari : thanks
13:59 Ankush Jain : Shai some changes in OF chrts today? There are sum numbers printed in bold today
13:59 MJ : Chief you still expcting this on larger TF? (15:10) Shai : tandav will happen in bond market?
14:00 MJ : You on rbi day.
14:03 Uttam : NF can get back to 14420 above 14380 Shai?
14:05 Tejaswini : Wants to do this? (13:51) Uttam : NF in the process of shifting the dPOC lower to 14360 level
14:05 Tejaswini : Or done maybe
14:06 Shai : big aggressive vol is bold- (13:59) Ankush Jain: Shai some changes in OF chrts today? There are sum numbers printed in bold today
14:06 Shai : just for easy viewing
14:06 Ankush Jain : thanks
14:07 Rajan Modi : yes Shai – this helps
14:07 Tejaswini : Chief loved the new change though visibility is low in some bars with big volumes
14:07 Arul : 30900 and down
14:08 Arul : bnf touched 30900 and down
14:08 Arul : shall we go short here?
14:08 Ankit Maheshwari : Green band it is
14:08 Ankit Maheshwari : Shai bias for K is still short right?
14:09 Ankit Maheshwari : or just follow the tape?
14:09 Ankit Maheshwari : 9IS 2IB today
14:10 Rajesh G : waiting for 420 to short?
14:11 Ankit Maheshwari : EMEN HOUTHIS: ATTACK ON ARAMCO REFINERIES WITH 10 DRONES
14:11 Sujith Prabha : 14350?
14:11 Ankit Maheshwari : *YEMEN
14:11 Yash : attempt to keep crude up?
14:12 Tejaswini : +1 Yash
14:13 Ankit Maheshwari : Good for RIL then
14:13 Yash : not really may be!
14:13 Swapnil : K about to start
14:13 Yash : Such things has to be done if you dont have enough demand
14:13 Ankit Maheshwari : Aramco said dela on if Crude above 65$
14:13 Ankit Maheshwari : *deal
14:14 Chandrashekhar : K begins
14:14 Ankit Maheshwari : volumes missing till now
14:14 Chandrashekhar : any news on Delhi meetig today about lockdown?
14:14 Yash : RIL to watc, trying to bounce!
14:14 Chandrashekhar : Kejriwal had called a meeting @ 12
14:15 Chandrashekhar : thanks SM
14:15 Ankit Maheshwari : Upmove courtesy RIL
14:16 MJ : guys avoid caps
14:16 MJ : system might block you
14:16 Uttam : do not use all caps as those msgs get deleted automatically
14:16 Arul : Thanks Ankit
14:18 Yash : whats wrong wid hdfcbnk. being sold since so many days
14:18 Ankit Maheshwari : Generally selling in HDFCBANK means down move about to end (last one to be sold)
14:18 Ankit Maheshwari : PS : Positional, not intraday
14:18 MJ : nf profile needs filling
14:18 MJ : ?
14:18 Tanuj : HDFC twins making fresh lows
14:19 Tejaswini : Yes Yash. Also notice OI has shot up big time in last 5 days in HDFC bank futs. its around highest levels in last few months
14:20 Ankit Maheshwari : Red piling up again in BNF it seems
14:20 Ankit Maheshwari : Ready for next leg?
14:20 Uttam : now done – (13:51) Uttam : NF in the process of shifting the dPOC lower to 14360 level
14:21 Ankush Jain : after F the volumes have gone down
14:21 Uttam : which is why that 753 green alone was able to stop the lower move
14:21 Shai : 30670 coming in BNF on these reds cmp 30830 sl of 30990
14:29 Jitender : 911-781 ..half thru
14:30 Shai : 14300 F comimng on reds
14:30 Jitender : (12:24) Jitender : 900-930 zone
14:30 Uttam : 30500pe from 375-420 done in BNF
14:30 Shai : Aaya?
14:30 Rajan Modi : aaya aur gaya
14:31 Surya ganti : 825-700 BNF on your call shai
14:31 Bhavin : +1..
14:31 Jitender : 681 more thru…(14:29) Jitender : 911-781 ..half thru
14:31 Amit : +
14:31 Bhavin : quick trade done….
14:31 Jitender : 1/3rd left
14:31 Ankush Jain : book NF?
14:31 Jitender : +1 Shai
14:31 MJ : +1 chief
14:31 MJ : clean one
14:31 Shai : NF book
14:31 K2dt : bnf chief?
14:32 Bhavin : __/\___ cheers chief and team
14:32 Sandeep Partham : Chief – BNF call was super quick trade, thanks
14:32 MJ : pes not moving how they should be
14:32 Shai : 30648- (14:21) Shai : 30670 coming in BNF on these reds cmp 30830 sl of 30990
14:32 Shai : All orderflow
14:32 Anand : _/\_
14:32 Jitender : tv sayn once lockdown happens…mkts will recvr 🙂
14:32 Surya ganti : lol
14:32 Vishnu : shai any view for some days?. are we see 13800-900 range which is the vpoc of budget day?
14:32 Arul : done…
14:32 Surya ganti : we know how that worked out last yeart jit 🙂
14:33 Shai : 202 sl on 14500 pe for close
14:33 Shai : looking at 290/ 340
14:33 Jitender : all out 641 (14:31) Jitender : 681 more thru…(14:29) Jitender : 911-781 ..half thru(14:31) Jitender : 1/3rd left
14:34 Shai : +1
14:34 Jitender : _/\_
14:35 Sunil : K made a new low
14:35 Shai : 14500 pe
14:35 Jitender : 938 was high and 4 attempts failed (12:24) Jitender : 900-930 zone
14:35 Shai : +1
14:36 Yash : one more neuX?
14:36 Ankush Jain : how?
14:37 Shai : Add that PE abv 275 and hold
14:37 Tejpreet : 🙂
14:37 Vishnu : neuex is not today yash. its OD
14:37 Tejpreet : Shai wants 13900 today 🙂
14:37 Shai : 274/ 14302
14:37 Rajesh G : nv day it id
14:37 Shai : 14150/ 14000 poss below 14300
14:37 Jitender : Vishnu appears….HNI’s in positions 🙂
14:37 Rajesh G : is normal varition
14:38 Yash : ok
14:38 Surendra : are we in trade for 14500 pe now Shai or not?
14:38 Vishnu : no the only HNI here u jot and sometimes san baba
14:38 Vishnu : jit
14:38 Jitender : u & baba only….
14:39 Sadees : chief, sl is 202 for 14500 pe above 275?
14:39 Vishnu : no never
14:39 Jitender : & Vijay Thakrey the champ
14:39 Rajan Modi : Shai Sl for NF?
14:39 MJ : Will L follow K?
14:39 Vishnu : was in zero posiion after doing 2 dt
14:39 Vishnu : only looking below 14300
14:40 Jitender : 13600 Vishnu..u r aiming fr ?
14:41 Vishnu : 13800
14:41 Ankush Jain : Shai 0s at 14340 can be NF SL?
14:41 MJ : 13666.6 pre budget day low
14:41 Jitender : saay tathasthu 🙂
14:41 Shai : 14365 better
14:42 Ankush Jain : ok thanks
14:44 Surendra : (14:33) Shai : 202 sl on 14500 pe for close
14:44 Surendra : are we in that trade
14:44 Surendra : entered at 260
14:47 Shai : part booking was done
14:47 Shai : next leg abv 275
14:48 Ankush Jain : chalo
14:48 Surya ganti : chalo chalo
14:48 Shai : swipe
14:49 Shai : swiped us
14:49 Surya ganti : yep
14:49 Shai : hold at 239 TSL
14:50 Ankit Maheshwari : Fat finger error save me, got one 0 less in qty
14:50 Ankit Maheshwari : 😀
14:50 Surya ganti : lol
14:50 MJ : Phew! (14:39) MJ : Will L follow K?
14:51 Jitender : so K2..saved u from that short (12:37) K2dt : Jit 650 gud ref for bnf shorts again? 27th jan singles there(12:40) Jitender : Obj fro 31k+ sellers is 30560 odd
14:52 Jitender : now if it goes…will be interestn
14:52 MJ : and saved me from longs. 🙂
14:52 MJ : jit /\
14:52 K2dt : +100 jit
14:52 Jitender : cheers
14:52 MJ : 900-930
14:52 Shai : exit the PE trade fully at 263 here
14:53 Ankush Jain : reds not adding
14:53 Jitender : tis is just sum positions being closed…
14:54 Jitender : buyn wud need confirmation
14:54 Jitender : 3 is now norm for MIS positions being cut…on an avg
14:58 MJ : id shorts should close now?
14:59 MJ : ah.
14:59 Swapnil : those are positions squared off at 3?
14:59 Jitender : sum hv MJ
14:59 Jitender : tis is tat bounce
14:59 MJ : yeah
14:59 MJ : bnf wants to try that long jump to vpoc?
14:59 Ankush Jain : 0s at 293
15:00 Tejpreet : #BREAKING | Maharashtra govt postpones state board exams for class 10th & 12th
15:00 Tejpreet : Looks like Lockdown coming in from Wednesday
15:01 Swapnil : Time to go up on this news then? (kidding)
15:02 Sumeet : yes anyway two days ,more or less holiday – will wait till wed and then announce
15:02 Bhupesh : last year low made just a day beofre of gudi padwa, will this wok today also?
15:03 Bhupesh : as tommorow is gudi padwa
15:04 Swapnil : zeroes at start of the bar
15:04 MJ : 811 so far (14:59) MJ : bnf wants to try that long jump to vpoc?
15:05 Ankit Maheshwari : Shai for Open drive, usually trend continues the next day right?
15:05 Ankit Maheshwari : Just for learning purpose
15:07 Ankit Maheshwari : good greens in BNF
15:07 Uttam : Baba doing it in BNF 😉
15:07 Uttam : 30480 is a weekly VPOC in spot
15:07 Uttam : today low 30520
15:08 Ankit Maheshwari : Who is baba?
15:08 K2dt : sanju baba
15:08 K2dt : 😀
15:08 Uttam : Sandesh Baba for us
15:08 Ankit Maheshwari : Oh ok
15:08 K2dt : kidding..sandesh ..LLT he is
15:08 Yash : thursday going to be messy, wed is off and if tomorrow is also volatile
15:08 Surya ganti : volatility is good for us ID traders
15:09 Tejpreet : Baba has different lot sizes than nse 1000 is 1 lot for him bn 🙂
15:09 K2dt : 😀
15:11 MJ : Okay out bnf + 30800 ce (14:59) MJ : bnf wants to try that long jump to vpoc?
15:13 Swapnil : +1 MJ
15:13 MJ : 849. !@#!@
15:13 Shai : hope all closed shorts in time
15:13 MJ : Yes chief.
15:13 Ankit Maheshwari : yes
15:13 Abhishek L : yup
15:13 Indronil : yes
15:13 MJ : alvida with 516 guy
15:13 Bhavin : yes chief
15:13 Bhupesh : ys
15:13 Tejaswini : Yes chief
15:14 Surendra : yes chief
15:14 Ankush Jain : yes
15:14 Uttam : dPOC close in both
15:14 Abhishek L : any btst chief
15:14 Surendra : yes chief any positional tips?
15:15 MJ : gave in early. Koi na.
15:17 Swapnil : Shai – is this new buying (trying to come in at lows) or short covering
15:17 Shai : mostly SC
15:17 Shai : it’s risky to carry anything nowadays
15:17 Surya ganti : and some dagger catching
15:17 Abhishek L : oky
15:18 Shai : Best us what we do here – take trades and close them
15:18 MJ : yesbossman
15:18 Shai : sleep well at night
15:18 MJ : idhar ka idharich!
15:18 Ankush Jain : zokhim ghar nahin le jaane ka
15:18 Arul : Been a good experience today
15:18 Shai : And stay open to trade anydirection the market gives next day
15:18 Surya ganti : +1
15:18 Bhavin : true
15:18 Bhavin : +1
15:18 Surya ganti : if you carry positions, higher chances of a bias forming
15:19 Shai : All those who do BTST haven’t had their accounts whacked yet
15:19 Surya ganti : lol 😀
15:19 Shai : It’s just 50% probability
15:19 Yash : greens were there on friday after noon around lows, if one has carried any longs there, must have lost capital at one go!
15:19 Ankush Jain : and wrong 50% can hurt big time
15:19 Tejpreet : Jit any news on Sputnik vaccine approved by Govt.
15:19 Surya ganti : BTST is prolly one of the worst trade setups.
15:20 Aman Singhania : et tweeted its approved
15:20 Surya ganti : i heard sputnik news from another friend
15:20 Shai : 10 days they said Tej
15:20 Surya ganti : thats why drreddy is flying
15:20 Tejpreet : Think approval has come
15:20 Shai : we are at 10 CR vaccinations in a 140 CR population
15:20 Shai : long way to go
15:20 MJ : cadila and rdl
15:20 MJ : drl* might get that order.
15:20 MJ : hearing.
15:21 Tejpreet : plus hesistance , maybe by end of 2022
15:21 Ankush Jain : & 2nd dose and then vaccination again after a year
15:21 Ankush Jain : so it will go on & on & on
15:21 Yash : bnf….
15:21 Shai : yes boosters would be needed
15:21 Indronil : its allowed for emergency use, not official yet.
15:22 Tejpreet : ok.tks
15:22 Surya ganti : yet the same application of pfizer was rejected
15:22 Yash : finally some buying in hdfcbnk
15:22 Yash : reached vwap
15:22 Shai : 14420- 450 ref line into tom
15:23 Tejpreet : Maybe DRL taking loans from hdfcbank to manufacture vaccine 🙂
15:23 Shai : that inability to drive well below 14330- 14300 today will hurt bears
15:23 Shai : but they will come back higher
15:23 MJ : Done and bounced. (13:32) MJ : hdfcbank visiting the famous/infamous 200ema after sept 2020
15:24 MJ : The most visual pattern that hdfcbank does over so many years. go to 200 ema and then bounce.
15:24 Swapnil : “UPDATE | Russia’s Sputnik V Approved for Emergency Use in India”
15:24 Swapnil : what is meaning of “emergency use” when it’s a vaccine
15:25 Yash : but why not pfizer.moderna and jhonson n jhonson
15:25 Surya ganti : cause they wont be :”made in india”
15:26 Bhishma : means not a normal approval course for vaccine..emergency approval bypassing procedures
15:26 Ankush Jain : Former UK prime minister Brown calls on wealthy countries like India, China, USA to finance global vaccine rollout
15:26 Yash : they need to approve all of them at one go and let ppl get vaccinated asap
15:26 Swapnil : Dr Reddy zoomin further on that news
15:26 Shai : That sputnik is question mark like the chinese one
15:26 Swapnil : TCS reporting today evening, right
15:27 Surya ganti : 7% now DRR
15:27 Shai : All of brazil went with the china one and they are suiffering
15:27 Tejpreet : Yes Shai , best would be Pfizer/Moderna.
15:27 K2dt : humko loot liye the.. ab finance bhi hum kare (15:26) Ankush Jain: Former UK prime minister Brown calls on wealthy countries like India, China, USA to finance global vaccine rollout
15:27 Yash : sputnik is approved against that reported arms deal wid Pak
15:27 Ankush Jain : we yes K
15:27 Yash : russia was supposed to sell arms to Pak
15:27 Swapnil : Dr Reddy 5500 CE does 3x in last 10 mins on that enws
15:27 MJ : 🙂
15:28 Surya ganti : wow
15:28 Shai : Hope all had a good day
15:28 Ankit Maheshwari : Yes DT
15:28 Shai : And are greeb
15:28 Ankush Jain : yes
15:28 Surya ganti : green yes
15:28 Indronil : green
15:28 Rajesh G : bnf back into ibl
15:28 Shai : was a faster auction
15:28 Shai : but better days ahead
15:28 Ankush Jain : not greeb, but green 🙂
15:28 Shai : tc all
15:28 Ashwin : great day! thanks shai
15:28 Tanuj : Opened -1DT due to the NF Ce carry, ending 1Dt
15:28 Bhavin : thanks teams for a good day…
15:28 Surya ganti : bye everyone
15:28 Shai : Have a good evening
15:28 Mayur : bye all
15:28 Yash : c ya all!
15:29 Ranjith : tc all
15:29 Rohit : Yes, Shai, feel cocooned & safe, trading with you and the room
15:29 Uttam : thanks All 🙂 and have a safe & lovely evening
15:29 Bhavin : have a good evening… bye c
15:29 Sanjiv : Shai : should one look at exiting portfolio stocks?
15:29 Bhupesh : bye
15:29 Surya ganti : long term investments with proper research.. i wudnt exit.. rather add more on falls Sanjiv
15:29 Shai : for portfolio be clear on your time frame
15:29 Surya ganti : +1
15:30 Shai : if you are looking to hold for this year only it’s dicey
15:30 Sanjiv : thanks surya & shai
15:30 Shai : I think I mentioned here in Jan at top of the bull run that 15600 will not cross till oct
15:30 Surya ganti : yes
15:30 Sanjiv : yes…. I remember that
15:30 Shai : so plan accordingly
15:30 Sanjiv : +100