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NF
BNF
Room Chat
08:54 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/481694133
08:56 Vtrender Live : 5 in charts of NF- https://join.me/340-914-120
08:57 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647754577?pwd=NFBsaWNWQVF0NHREa2JwT29zM1IzQT09
09:01 Shai : Gm all
09:01 Rajan : Good morning all
09:01 Shashidhar : Good Morning All
09:01 Sandeep B : Good Morning
09:02 Bhushan : Good Morning Everyone
09:02 Vyom : gm sll
09:03 Vyom : all
09:03 Avinash : Gm Everyone
09:03 Rajan : Shai – please share 5-min join me chart link
09:03 Rohan : GM All
09:04 Rajan : Thanks
09:04 Aditya09 : gm all
09:05 Shai : A gap down is going to catch market partipcants by surprise today, if it does gap down
09:05 Aditya09 : happy trading
09:05 Shai : 11288 was the support for past 48 hiurs and any open below 11288 today will open a staright dive to 11220/ 11200
09:05 Shai : supp though still strong at 11200
09:06 Shai : on higher sides 11365 spot/ 11375-11395F in F is still the supply
09:06 Shai : watch the auction around 11300 zone
09:06 Shai : BNF was a neutral day and only a follow up abv neutral day highs is considered bullish
09:07 Shai : 22140 is support 1 for BNF
09:07 Shai : below that is expected to drop to 21900 zone
09:07 Shai : A lot of option positions will be under water at open- so watch volumes and trade with an open mind
09:07 Uttam : Good Morning All 🙂
09:09 Giridhar Gowravajhal : Good Morning all !!!
09:09 Anuj : GM all
09:10 Krantik Bordoloi : goodmorning
09:10 Manikandan : Gm all
09:11 Tejpreet : GM All.
09:12 Raveendra : gm all
09:16 Rahul : Baby bulls taking overnisght positions in BNF and NF taken for aride… awesome
09:17 Chandrashekhar : GM all
09:18 Shai : speedo 200
09:18 Rahul : yes
09:18 Rahul : Shai hv shorts positions with hedge shall i take profits or hold it. Your view. Thanks
09:19 Shai : 11214 doable’
09:19 Rahul : thanksw
09:20 Shai : sl 11290 for the open
09:20 Shai : refer to morning levels
09:20 Uttam : OAIR but good vols in both
09:20 Uttam : NF is OAOR
09:20 Rajesh : oaor
09:21 Himanshu : gm ALL
09:23 Uttam : 22030 imp level in BNF
09:25 Himanshu : spot AND F are in opp direction in NF
09:25 Himanshu : seems Saving effort .
09:26 Arjun : saving for bulls or bears ? I mean what is more important F or S?
09:26 Rajan : Uttam – Do we have a weekly FA at 11370 level now??
09:27 Uttam : 22180 needs to be taken out on upside in BNF
09:27 Himanshu : Arjun – speedo is fast, both side active may be..
09:28 Himanshu : Jit mentioned yday – Vaccine news can bring profit booking ..
09:29 Arjun : thanks HImanshu
09:29 Shai : will accelereate sector rotation
09:29 Shai : banks are expected to gain- let’s see if it unfolds
09:29 Himanshu : yes – I see Pharma tanking , – Maruti – SBI is up, TCS
09:30 Uttam : yes Shai, banks need to join in for a fresh leg up in the markets
09:30 Himanshu : Tesla Tanked – 40 bucks yday
09:31 Anuj : bn looks good
09:31 Shai : yes all those companies which gailed directly through corona will see money ship out
09:31 Himanshu : Yes, money should flow to balancing economy sector – will better for markets overall
09:32 Uttam : (09:27) Uttam : 22180 needs to be taken out on upside in BNF
09:32 Uttam : 22179 high so far
09:32 Tejpreet : +1
09:32 Uttam : lets take it out
09:33 Fenil : +1
09:34 Shai : +1
09:34 Shai : last leg buyers came at 22187 yesterday at close
09:38 K2dt : inventory adjustment reminder to day chief 🙂
09:39 Shai : 🙂
09:39 Shai : people’s inventory already thapp
09:39 Shai : see thye red COT at open
09:39 Shai : they killed all longs at open bell
09:39 K2dt : +100
09:40 Rahul : yepppp
09:45 Rajesh G : reliance enters yesterday VAL
09:45 Shai : Intra – short NF 11273 sl of 11295 tgt 11250/ 11220.
09:45 KK : +1
09:50 Narendra : stuck??
09:51 Arjun : join.me is working
09:51 Sridhar : stuck
09:53 Nagaraj : SBI propping up nifty?
09:54 Sridhar : working
09:54 Shai : make an exit in shorts at 11266 here – (09:45) Shai : Intra – short NF 11273 sl of 11295 tgt 11250/ 11220.
09:54 Sridhar : ok
09:57 Rajesh : nifty bias chk..1.open singles positive2 above vwap 3 waiting for RE…2 IB till now ositive so far …..ami right ?
09:59 Shai : OAOR is open singles always
09:59 Shai : so today bias is with sellers
09:59 Shai : provided they keep it below vwap and do a RE
10:00 Shai : gaps are invisible singles
10:00 Rajesh : ok shai thanks for lesson
10:02 KK : Shai, ti would be difficult to break 11304 by NF today, considering it was VPOC and provided support yesterday..unless RIL thinks 3 to 4% move, but it is in a balance..?
10:04 Shai : OAOR shoukd play in this zone for now
10:05 Shai : No need to get bullish guys
10:05 Shai : play the rules of bias
10:05 Shai : see that IB COT is just 300 and -225
10:05 Shashidhar : Sell on raise
10:06 Shai : we review if we cross abv 11288
10:11 Munish : Continuous negative COT in NF, short right now?
10:11 Fenil : need confirmation below vwap
10:12 Munish : Continuous negative COT in NF, short right now?
10:14 Avinash : 45pt IB, This should lead to a 2-3IB kind of a move
10:18 Uttam : but the red COT is not doing a good job
10:18 Uttam : auction needs to stay below vwap & make a RE lower
10:19 Uttam : 11250 needs to break
10:20 Munish : Okay, thanks
10:20 Uttam : or look to short near IBH on RS
10:20 Uttam : OAOR and tail at top cos of the gap
10:24 Krantik Bordoloi : another uneventful day?
10:30 Uttam : IS at vwap in NF
10:30 Uttam : 11250 needs to go
10:30 Rahul : Get below DPOC now
10:30 Chandrashekhar : -94k
10:30 Uttam : low right there so far – (10:19) Uttam : 11250 needs to break
10:32 Uttam : NF has made a hat-trick of OAORs this week
10:59 Shai : shoirt below 11250 or higher near 11280- (10:12) Munish : Continuous negative COT in NF, short right now?
10:59 Shai : else play a quick 10 pointer
10:59 Shai : As it is OAOR
10:59 Shai : I’m sure you guys kjnow and undertand the OAOR every well now
10:59 Shai : save emotional capital
11:00 Shai : or go mini quickies in and out- your choice
11:02 Munish : Okay, thank you
11:07 Sanjib : 101250 in Sell and Buy side in NF at 11284 and 11288
11:07 Narendra : shai above 88
11:08 Uttam : boom boom
11:10 Ankush Jain : NF just tagged PDL
11:12 Sumeet : AlertApproaching noon on WEdnesday !
11:13 Chandrashekhar : 11300 CE OI dropping
11:13 Ankush Jain : os in this bar as well as prev
11:15 Uttam : (10:18) Uttam : but the red COT is not doing a good job
11:15 Uttam : NF does 1.5 IB to the upside
11:16 Uttam : 11305 which was Monday’s POC
11:16 Uttam : place where it took support yesterday
11:17 Himanshu : 4 trades done so far – but all the time – OAOR – 10 Pointer as advised by Chief – got only 6 points while 12-15 was available for upto 5 minute window
11:18 Himanshu : Greed – if we could scalp – OAOR – efficiently, we have arrived , I guess
11:19 Shai : Intra – short Nf below 11281 sl of 11304 tgt 11250 / 11234
11:19 Shai : No demand on that upper probe abv 11288
11:20 Shai : we see if sellers add below 280
11:20 Shai : yes but watch the OF always – (11:07) Narendra : shai above 88
11:21 Shai : No one trades blind here ! hope all have outgrown that phase
11:21 Shai : watch the OF- let the market come to you.
11:22 Ankush Jain : +1
11:22 Shai : if 11285 adds a big seller- we get a fast dip
11:22 Shai : else can put shorts under pressure of the open
11:22 Jitender : +100 (11:21) Shai : No one trades blind here ! hope all have outgrown that phase
11:25 Santosh : placed SL buy order for 11300 pe at 68 to trigger 11280 short trade.
11:25 Santosh : no blind trades. only at levels.
11:26 Narendra : noted chief
11:32 Shai : There was an inventory clearance at the open today, so adjustment chances are low today- (11:12) Sumeet : AlertApproaching noon on WEdnesday !
11:36 Sumeet : Thank you for that insight, Shai
11:37 Shai : shorts covering
11:39 Shai : Intra – Buy NF 11306 sl of 11282 tgt 11333/ 11365. Trade a 50% size on this
11:39 Shai : Avoid the NF sell below trade
11:46 Naresh Dubbudu : Any reading material on Inventory clearance at open?
11:48 Shai : :)- (11:46) Naresh Dubbudu: Any reading material on Inventory clearance at open?
11:48 Shai : This is all new age thinking 🙂
11:49 Shai : BNF lots of greens coming
11:49 Ankush Jain : another IB, another 0s
11:50 KK : where are 0s
11:51 Ankush Jain : gone
11:51 Ankush Jain : 61 k reds at top
11:51 Shai : Another 20 coming abv 11314
11:51 KK : that woul;d be taken away
11:51 Shai : put part booking orders at 11333
11:51 Ankush Jain : Shai we r approaching 12
11:52 KK : tracking SPX..
11:53 Uttam : 11323 is 2 IB in NF
11:53 KK : does 80% rule apply here ?
11:55 Ankush Jain : RS followed by IS
11:59 Shai : NF exit at 11300 here. We buy it lower
12:00 Shai : can test IBH – we do a review there
12:11 Shai : Let’s get that test done with
12:11 Shai : this afternoon needs to move
12:12 Shai : BNF a diff world today
12:12 Shai : 22140 a supp now
12:13 Shai : 47 a supp in 11300 pe
12:16 Puneet : Nifty found resistance @ 50% retrace of the drop
12:19 Bhavesh : wednesday 12.00 reminder
12:23 Shai : Thank you
12:23 Shai : becuase of the gap and the huge inventory change at the open, the typical wed move may not happen today
12:25 Fenil : Shai, what do you mean by inventory change?
12:25 Fenil : I mean what kind of position adjustment happens?
12:26 Shai : Adjustments for settlement
12:28 Boppanna : Shai BNF 5 min if you refresh pls has 27K both sides
12:29 Boppanna : thx
12:31 Uttam : BNF needs to get above 22315 – a) BNF needs to sustain above 22315 for a rise to 22396 / 22458-550 / 22600-710 / 22829-865 & 22930
12:32 Uttam : 22324 is 1.5 ib in BNF
12:35 Fenil : thx
12:38 Chandrashekhar : charts stuck?
12:38 Maxis : ya
12:38 Chandrashekhar : join me is working though
12:40 Uttam : 22322 tagged – (12:32) Uttam : 22324 is 1.5 ib in BNF
12:41 Arjun : zoom also stopped ?
12:42 Uttam : reset happening
12:42 Arjun : ok. thx
12:43 Krantik Bordoloi : can we see 22500 today?
12:43 Ankush Jain : very tepid volumes
12:44 Ankush Jain : these IBs & ISs at low volumes struggling
12:45 Shai : H is here
12:45 Shai : oen mre HH is expected
12:45 Shai : 11280- 11335 raneg of trade now
12:45 Shai : look for better RR to enter
12:46 Ankush Jain : strangles can work?
12:46 Uttam : BNF going for new hgihs
12:46 Uttam : 22325 done
12:46 Uttam : 1.5 IB
12:46 Uttam : 2 ib at 22423
12:46 Uttam : 22432
12:47 Avinash : 2IB NF
12:47 Ankush Jain : 2IB tagged
12:47 Uttam : yes 11323
12:49 Uttam : time for 22500ce OI to fall
12:49 Uttam : has some big OI there
12:50 Uttam : will be fun to see it unwind
12:50 Anuj : 22230-22330
12:50 Shai : HH
12:50 Chandrashekhar : +1 Shai
12:50 Ankush Jain : +1
12:50 Shai : DEFGH
12:50 Uttam : +1
12:53 Tejpreet : After gap down a trend day set up
12:53 Uttam : you did this Tej 😉
12:53 Uttam : BNF new highs for the series
12:54 Tejpreet : let’s see if we can close above 11375 spot
13:02 Ankush Jain : chrts froen
13:02 Rahul : Not able to sustain BNF
13:03 Rahul : I wonder every news in favour of BNF and still stuck, not able to move , smart distribution ?
13:12 Uttam : OTF move higher in BNF post the C period dhoka plus A period singles we had in IB
13:14 Anuj : dip mile to buy kare
13:15 Shai : Buy NF abv 11321 sl of 11301 tgt 11346/ 11366. Buy abv only
13:16 Shai : 11300 ce has to cross 66 for 85 sl of 55
13:19 Siddharth : NF in
13:19 Uttam : above 11321
13:19 Shai : 11300 pe pushing down to 22
13:19 Shai : sl abv 55
13:20 Rahul : in
13:20 Siddharth : charts frozen, NF went above
13:20 Ankush Jain : charts frozen
13:20 Rajiv Ohri : charts stuck
13:21 Shai : charts fine?
13:21 Manthan Thakkar : yes
13:21 Siddharth : now fine
13:21 Ankush Jain : yes
13:22 Himanshu : BNF PBL
13:22 Sumeet : vwap test bnf ?
13:22 Siddharth : NF sl hit
13:22 Rahul : sl
13:23 Shai : bad trigger on that NF
13:23 Shai : if in exit
13:23 Ankush Jain : OAOR
13:23 Shai : 11285 supp here
13:23 Shai : will look to buy again
13:23 Himanshu : This BC – BNF
13:23 Rahul : Was never positive on BNF
13:23 Rahul : I wonder bulls are super bullish
13:24 Himanshu : If BNF has to go up .. Beast will make sure, it will go light weight on its back
13:24 Rahul : Not able to sustains yuesterdays high for 15 mins
13:25 Uttam : 22320 ref in BNF
13:25 Uttam : POC of that IS bar
13:25 Uttam : os at 22340
13:26 Uttam : trend day set u still in place and this could be the afternoon pull back
13:26 Uttam : as Tej says lighter the bus faster it reaches the destination 😉
13:26 Tejpreet : 🙂
13:26 Siddharth : stuck chart
13:26 Uttam : NF a DD & BNF a ‘p’ shape profile so fat
13:27 Anuj : yes have to go wid that bias untill proved otherwise
13:27 Uttam : IBH & VWAP combo at 22222 imp ref on downside in BNF
13:28 Uttam : weak below 22320 now
13:31 Uttam : unable to stay below 22320 for ev en 12 mins
13:32 Uttam : one test of 22220 or 22170 wuld have been good though
13:32 Uttam : would have been an ideal set up for tom’s expiry
13:40 Anuj : vwap test coming?
13:41 Uttam : this held – (13:25) Uttam : 22320 ref in BNF(13:25) Uttam : POC of that IS bar(13:25) Uttam : os at 22340
13:42 Anuj : +1 UG
13:42 Uttam : let 22220 or 22170 show some good greens if we get there
13:42 Rahul : UG thanks, can u please share reason for getting 22220
13:42 Uttam : IBH / VWAP
13:42 Anuj : if not god save the bulls
13:46 Anuj : the pullback is there
13:46 Anuj : RR good here?
13:47 Sylvester : bnf profile looks like a kitchen knife, with which it’s killing both bulls and bears
13:48 Uttam : K period needs to show its kamaal today
13:50 Anuj : looks like we will tag day’s high
13:51 Uttam : RB at 22250 and now IB forming but lets get soem more vols
13:51 Uttam : NF also RB right at vwap
13:53 Anuj : if we clear 22320 will be good then
13:57 K2dt : 11300 dukaan for tomorrow?
14:00 Anuj : done with quick scalp 22250-22307
14:11 Sanjib : quick 11300 PE 45 to 34
14:11 Anuj : tagged day’s high
14:12 Anuj : 5 point shy
14:12 Krantik Bordoloi : K period coming
14:17 Himanshu : finally one trade in favour –
14:17 Himanshu : 22100 PE – post vwap test
14:17 Himanshu : Today’s OAOR was tough –
14:20 Ankush Jain : mkt not making a move after taht 1 big bar
14:20 Ankush Jain : 2 halfs of OAOR
14:21 Ankush Jain : IB IS keep coming
14:22 Krantik Bordoloi : i think IB/IS in 5 min candle is misleading
14:22 Ankush Jain : Mkts making incremental highs
14:22 Krantik Bordoloi : we should consider 15 min candle
14:24 Rajiv Ohri : Hi! have been away for a bit. Are we any trade?
14:24 Shai : 11300 ce pe srateing to weigh on prices
14:24 Shai : starting*
14:24 Shai : one time frame up stopped
14:27 Shai : 11285 held on that test
14:27 Shai : was away from screen when that happened
14:27 Shai : Anyone took long there?
14:27 RiteshM : yes
14:27 RiteshM : call at 11200 111
14:27 Aditya09 : no
14:27 Uttam : morning extension handle being defended Shai in NF
14:27 Avinash : 302
14:28 RiteshM : whats the tgt band sl now
14:28 Shai : still same range – (12:45) Shai : 11280- 11335 raange of trade now
14:28 Ankush Jain : yes
14:29 K2dt : any chance of moves tomorrow chief?
14:29 Sanjib : SBI preparing for a move up
14:29 Uttam : BNF getting rwady for spike?
14:29 Sanjib : 200 CE writers will get crushed. Had highest OI today
14:29 Shai : long abv 11335 ca do 11365/ 75
14:30 Shai : but no positions here
14:33 Shai : 11300 ce pe OI almost matched
14:33 Shai : if the market stays here, they will carry all that home
14:33 Rahul : I trust BNF
14:36 Uttam : me too 🙂
14:38 Puneet : The narrow bars are killing
14:38 Uttam : 5 more mins
14:39 Sylvester : bnf trusts u UG
14:39 Uttam : _/\_
14:41 Ankush Jain : NF moving
14:42 Bhushan : NF IN
14:42 Uttam : L needs to make new highs
14:42 Uttam : 57k red at top in Nf
14:43 Ankush Jain : typical of today
14:43 Ankush Jain : all HH bars have reds at top, almost
14:43 Uttam : L period is here
14:46 Krantik Bordoloi : volumes are quite less in bnf compared to nf
14:50 Aditya09 : shai sl on nifty?
14:54 Shai : buy abv that red only- no trade here
14:55 Uttam : yes looks like want to close at the dpoc of 11305
14:55 Uttam : L not making new highs still
14:55 Ankush Jain : taht sort of day today
14:55 Uttam : BNF dPOC here at 22340
14:55 Aditya09 : ok
14:55 Ankush Jain : L looks like in no mood
14:57 Anuj : lag raha hain expiry me hoga dhamal
15:01 Uttam : come on BNF
15:05 Siddharth : @Shai, if trade range is 11280-11335, why did we long NF abv 11321 rather than wait for a 10 point further bump?
15:05 Siddharth : good greens at that point?
15:07 Rajiv Ohri : UG close at DPOC?
15:07 Anuj : still chance of spike?
15:07 Rajiv Ohri : Oh just saw your message
15:09 Uttam : looking for 3 IB day and tag of yPOC 11365 as were were doing an OTF move higher- (15:05) Siddharth : good greens at that point?
15:09 Shai : Ues Siddharth, that trade we could have gone long abv 11331 actually
15:10 Shai : but is a G period trade and always works better if we pre-empt that
15:10 Shai : today we got a false trigger on that 1
15:10 Siddharth : gotcha thanks
15:10 Ankush Jain : all HH bars today have invariably sellers at top
15:11 Shai : yes
15:11 Shai : market not in sync
15:12 Shai : BNF abv value and NF below
15:12 K2dt : dull day tom too chief?
15:12 Shai : so expect crosscurrent and opp bias
15:12 Uttam : NF forming a weekly composite now Shai?
15:12 Shai : if there is no gap expect 11280- 11330 for open
15:12 Uttam : first 2 days gave gap up & balanced & today gapped down & gave a good move higher
15:12 K2dt : +1
15:13 Shai : we could get a pullback tom as upmoves have been sold today in NF
15:13 Shai : 11250 doable tom again sl abv 11375
15:14 Ankush Jain : yeas all upmoves did not show any follow through
15:15 Uttam : (14:55) Uttam : yes looks like want to close at the dpoc of 11305(14:55) Uttam : L not making new highs still
15:16 Uttam : dpoc in NF could shift here to 11320
15:17 Uttam : spot wants to close as a hat-trick of dojis in Nifty?
15:17 Anuj : so much indecision..doji
15:18 Uttam : dojis ke aage trend day 😉
15:18 K2dt : taras gye hai UG
15:18 Himanshu : seems tom again Gap down ..
15:18 K2dt : ab le ao
15:19 Uttam : BNF getting in sync with NF
15:19 Uttam : 2-day composite in that
15:22 Uttam : dPOC shifting to 11313 in NF
15:26 Aditya09 : ug y charts are showing 250?
15:26 Uttam : had similar vols there in the morning
15:27 Uttam : check MPLite
15:27 Aditya09 : ok
15:28 Krantik Bordoloi : looks like another gap down tomorrow
15:28 Uttam : seen here also now
15:28 Anuj : bye all
15:28 Anuj : tc
15:28 Tejpreet : Bye All.
15:28 Himanshu : Bye all
15:28 Aditya09 : yes
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all !!!
15:28 Manikandan : bye all
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Ravindra : bye all
15:29 Rajesh G : thanks shai
15:29 Avinash : Bye everyone
15:29 Rajesh G : bye all
15:30 Aditya09 : bye all nd thanks cheif nd seniors