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NF
BNF
Room Chat
08:52 Vtrender Live : (08:43) Vtrender Live: option charts – https://join.me/603-340-101
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11:17 Shai : (11:17) Shai : Intra – Buy 10700 ce at 127 sl of 110 tgt 150
11:20 Shai : Intra day – Buy BNF at 25560, SL of 26440 tgt 26730.
13:45 Shai : (13:45) Shai : Book the BNF fully at 26615
13:51 Shai : (13:51) Shai : Book the 10700 CE at 137
14:07 Shai : (14:07) Shai : Buy BNF again 26645 sl of 26550 tgt 26760
14:33 Shai : (14:32) Shai : Book fully the BNF at 26680
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08:56 Shai : GM all
08:56 Shai : https://vtrender.in/market-profile-analysis-dated-11th-dec/
08:57 Manu : Good Morning everyone
08:59 Shai : 10610- 10630 ref lines for the open on higher side
08:59 Shai : down below 10540- 10535 to provide initial support
09:00 Shai : 10500 is vwap pf yesterday’s DD
09:00 Shai : 10465-10470 is extension handle and lower boundary of upper DD
09:08 Vinay : gm all
09:09 Jitender : Gm Folks 🙂
09:11 Subhodeep : vgm folks
09:12 Uttam : Good Morning All 🙂
09:13 TP : GM All.
09:15 Shai : dip buyers BNF
09:17 Azmath : BNF OTD
09:18 Shai : 26470 in BNF
09:24 Uttam : yes vpoc calling
09:24 Shai : 10674 in NF
09:25 Shai : 26463 done – (09:15) Shai : dip buyers BNF(09:18) Shai : 26470 in BNF
09:26 Shai : quick auction this
09:26 Jitender : psu banks
09:26 Jitender : yes
09:28 Jitender : *yes bank
09:28 Shai : FA and vpoc doe in BNF
09:28 Jitender : +1
09:30 Uttam : NF sustaning above 10650 can do 10680 & 10716
09:32 Shai : 26720 is the higher target in BNF
09:32 Shai : alos a buy on dips
09:33 Vinay : I wonder if these big pinks in NF that are just getting driven past are longs liquidating or new shorts
09:34 TP : Jit WA fwd begin about some major announcements by Gov for Psu bank 🙂
09:35 Jitender : ys…nbfc/psu buzz
09:35 Jitender : bnf is 800+ from yday low
09:35 Jitender : so bad things r cauz for joy
09:35 Jitender : like demo
09:35 Jitender : mkts as usual 🙂
09:36 Jitender : SC in hdfc/icici will take it further..if it happens
09:36 Jitender : tey r key now
09:36 TP : yes plus you forgot Kingfisher dropping new year gifts for psu banks .
09:36 Jitender : 🙂
09:37 Shai : new year 😉
09:37 Shai : that is coming in new year 2020 🙂
09:38 TP : 🙂
09:39 TP : vix another 10% down .
09:39 Jitender : chalo bhaya..DT done
09:39 Jitender : take mkts anywere now
09:41 Jitender : usdinr at DH
09:43 Porus : bnf nestled bet 2 vpocs
09:43 MJ : Congratulations Jit.
09:43 MJ : Porus good morning 🙂 Nice to see you.
09:43 Jitender : tx M
09:43 MJ : Relatively easy start to the day.
09:43 Jitender : New Govrnr to take charge in next 10mins
09:44 Porus : _/\_ MJ
09:44 Porus : Jit, which state?
09:44 Porus : Oh RBi guvnr.
09:45 Uttam : stack chart needs a bit adjustement Shai
09:45 MJ : 80k reds will feel pressure?
09:46 Vinay : JIt just curious…to learn..how do you set your DT..is it a multiple of the R of the trade and do you trail there or book out.
09:47 Boppanna : Shai any buying in BNF 26500pe ?
09:48 Jitender : Vinay…dependn upon my risk appetitte & also wat i can manage
09:48 Jitender : half DT is my SL
09:48 Jitender : loss
09:48 Jitender : n i trail ost IB
09:48 Jitender : post
09:48 Jitender : in IB i go fr the kill
09:50 Jitender : kotak…on fire
09:50 MJ : Kya news Jit?
09:50 Jitender : govrnr
09:51 Jitender : Op+Ra done by bnf
09:52 MJ : COT >> 15k right now.
09:52 MJ : 5 min bar.
09:55 Vinay : Thanks Jit ..makes sense and typically these are intra day trades…SL is typically say 0.25-0.5R max..i am just trying to se position sizing before i start trading so asking
09:58 Shai : One C side extension cannot be ruled out in NF
09:58 MJ : @Shai COT value for 5 min to watch out for bnf should be? 7-8k?
09:59 Shai : can dop 10725 in C
09:59 Shai : 6-7K MJ
09:59 MJ : Thanks. and AMD is?
10:00 Shai : here you go
10:00 Shai : green band
10:00 Shai : locals coming ..
10:00 Uttam : (09:30) Uttam : NF sustaning above 10650 can do 10680 & 10716….first part done almost
10:06 Kathir : 10300 pe positive DD uttam..shorts covering ?
10:06 MJ : 672 to 658 booked (09:52) MJ : COT >> 15k right now.
10:06 MJ : First COT trade Shai. Whattey tool 🙂
10:07 Uttam : I suppose you booked only 50% Mihir as COT -15k in this bar also
10:07 Jitender : Vinay..fr strters use 1% of yr capital as SL & 2% max as bokn tgt
10:07 MJ : Yes Uttam 🙂
10:07 Jitender : n ten once u understand it…grow on it
10:07 MJ : Now my sl is cost++
10:09 MJ : 10 am bar made high but then COT went in negative too. So held position with one eye on OF. Now if 10.10 bar gives COT >> than 15k again we can see 642ish.
10:16 Jitender : Cong has given stay motion or sumthn like it in LS on appointment of rbi gov
10:18 Shai : can they do that?
10:18 Jitender : just heard on tv
10:20 Rupin : cant do it its the govt has right to appoint
10:20 MJ : C period high coming.
10:21 MJ : 2L seller.
10:21 MJ : Or long of yest liquaditing.
10:22 MJ : @Uttam so when it started staying under 15k I cut loose. 50% was exited at 670.
10:24 MJ : Algo seller in middle of the series. Interesting.
10:24 Shai : that is not a big order
10:24 Shai : summed up some stops
10:24 MJ : Shai is it algo stop?
10:24 Bala : ok shai
10:24 MJ : in 30 min shows algo order.
10:24 Shai : not a big order
10:24 Shai : stop loss hunting in C period
10:24 MJ : Okay.
10:25 MJ : Can do 670 again?
10:29 Kathir : charts stuck ?
10:29 Shai : stuck?
10:29 Vinay : yeah kathir loooks like it
10:30 Sumit : yes
10:30 Kathir : ok then shai will take care
10:30 Vinay : moved upto 690s
10:33 Shai : C extension here
10:33 Shai : poor liquidity conditions
10:34 MJ : Feel felt found (09:45) MJ : 80k reds will feel pressure?
10:36 MJ : Yes shai.
10:36 MJ : C period never fails to surprise
10:37 Vinay : back to the 680-740 ragne where it was grinding for a number of days
10:39 Sakthikumar : hi sir
10:44 MJ : Hello Sakthi.
10:48 Shai : C is done
10:49 Kathir : shai bnf 30 mins
10:49 Uttam : (09:30) Uttam : NF sustaning above 10650 can do 10680 &a….mp; 10716….NF makes high of 10707
10:49 Shai : 10710-10660 range now for the day
10:49 MJ : +1 Shai.
10:49 Shai : Thanks Kathir
10:49 Kathir : 🙂
10:50 Uttam : both forming a ‘p’ looks like
10:51 Uttam : vwap
10:51 Uttam : will need to hold in both
10:53 Jitender : adjournment motion (10:16) Jitender : Cong has given stay motion or sumthn like it in LS on appointment of rbi gov
10:54 Kathir : uttam bnf high right at your levels 🙂
10:56 Shai : 🙂 . Nothing misses the Eagle eyes
10:56 Shai : 26470 holds still
10:56 Shai : bias stays up
10:57 Shai : below 26450 can flash down hard
10:57 MJ : @kathir 🙂 (10:56) Shai : 26470 holds still
11:00 TP : Shai can you give levels for Vix.
11:01 Kathir : MJ yes .
11:07 Praneeth : above 550 zoom shai in bnf?
11:07 Kathir : uttam will give 615
11:07 Praneeth : ok 🙂
11:11 Kathir : uttam got some internet conn issues I guess
11:11 Praneeth : fail to extend now is not good sign?
11:12 MJ : Extn handle being held for 1 hr++
11:13 Kathir : 26470 MJ ?
11:13 MJ : 10680
11:14 Kathir : ok NF
11:15 Uttam : _/\_ Shai & Kathir
11:15 Uttam : having a sad internet connection today 🙁
11:15 Uttam : Airtel getting worse & worse day by day
11:15 Praneeth : uttam , airtel broad band or mobile network?
11:16 MJ : Uttam jiofiber 😉
11:17 MJ : 730…….
11:17 Shai : Intra – Buy 10700 ce at 127 sl of 110 tgt 150
11:18 Shai : drive, drive dribe from open , then absorptiion sbsorptioon …
11:18 Shai : buyers stronger still
11:18 MJ : Yes.
11:20 Shai : Intra day – Buy BNF at 25560, SL of 26440 tgt 26730.
11:25 Uttam : broadband Praneeth & Mihir waiting for it bt not yet launched here
11:27 Praneeth : ok
11:29 MJ : I don’t know if they are commercially available in bom yet.
11:29 MJ : But perks of someone in reliance needs to be used well.
11:38 MJ : volumes drying a bit?
11:47 Jitender : 2day is a reward day in mkt..trendn from open…remember if u r discliplined & follow risk management rigourously….u get days like to make easy money
11:48 Praneeth : slow auction now jit?
11:48 Jitender : u have to survive a carzy ride….. to earn
11:48 Jitender : Parneeth..wait fr 12.30 🙂
11:48 Praneeth : ok 🙂
11:50 MJ : +1 Jit.
11:56 Jitender : slight exhaustion in bnf
11:57 Praneeth : yes jit, vwap possible in bnf?
11:57 Jitender : hmm..not yet
11:57 Praneeth : ok
11:57 Jitender : if u vols incr…ten
11:57 Jitender : see
11:58 Praneeth : ok
12:01 Praneeth : bull trap possible?
12:05 Shai : Buyer was very early today Praneeth
12:06 Shai : at 300
12:06 Shai : almost 300 up now
12:06 Shai : he should trail at vwap comfy
12:06 Shai : second big guy at 425
12:06 MJ : If vwap== IBH we are usually quite comfy.
12:07 MJ : vwap 670 in NF and bnf = 493
12:07 Praneeth : may b below 460 set for big fall?
12:09 Kathir : 10:57 Shai : below 26450 can flash down hard
12:09 Praneeth : ok
12:09 Praneeth : thanks kthir
12:11 MJ : Not extending c period high.
12:13 Praneeth : first time since morning PEs making higher highs
12:14 Praneeth : * in 5 mins chart
12:18 Jitender : (11:56) Jitender : slight exhaustion in bnf
12:19 Uttam : NF 660 test coming?
12:19 MJ : Kardo Uttam.
12:19 MJ : below 680 can do 646
12:19 Uttam : ‘p’ profile today so morning singles may hold
12:19 Kathir : shai 30 mins chart
12:20 MJ : (11:38) MJ : volumes drying a bit?(11:56) Jitender : slight exhaustion in bnf
12:22 Jitender : u r the champ
12:23 MJ : Aapki training mein hu.
12:23 Praneeth : jit, not strong buyers now?
12:23 Jitender : P dont pre empt
12:23 Jitender : its a trend day
12:23 Praneeth : ok
12:23 Jitender : no contrary signa yet
12:24 Praneeth : thanks jit
12:24 Jitender : wc bro
12:24 RK : buy very mechanical ref today..IBH VWAP etc..on first test..kind of stretched profile we may see by EOD
12:24 RK : *every
12:26 MJ : RK you mean to say buy at these reference on first test for quick scalps?
12:26 RK : yes
12:26 TP : press con by rbi gov
12:27 TP : but at 4pm 😉
12:27 MJ : Come on Shashikanta. Be a star.
12:27 MJ : He is used to presscons right TP? he handled demon presscons quite well.
12:27 Praneeth : quite well ?
12:27 RK : quite well?
12:28 RK : 🙂
12:28 TP : 🙂
12:28 Praneeth : u mean handled demon questions quite well ?
12:28 Praneeth : 🙂
12:29 MJ : Yes. He was the guy for sent for pinch hitting all the time if I recollect.
12:29 Jitender : Mihir..ever dealt with n IAS officer..or know one from close quarters ?
12:30 MJ : Yes.
12:30 Jitender : cool…..
12:30 MJ : got what you saying 😉
12:31 Jitender : hope so
12:31 RK : its good for your health if you dont talk about politics of this country esp in SM 🙂
12:31 RK : my finding about 10 years back and am keeping that habit 🙂
12:31 Vinay : RK +1000
12:32 MJ : +1 RK.
12:32 Praneeth : +1 Rk
12:32 MJ : You get coloured by one side. even if you don’t want to.
12:32 TP : you mean the reds in 5 min bar 😉
12:33 Jitender : wat is SM, Rk ?
12:33 MJ : This room is filled with bunch of morse code lover.
12:33 MJ : Soshul media.
12:33 Jitender : aah
12:34 MJ : Getting old jit 😛
12:34 Jitender : man..m old
12:34 RK : 🙂
12:34 MJ : before you say.
12:34 MJ : I will tell you.
12:34 Jitender : danke
12:34 Vinay : One is old if their context of social media is IRC/ICQ
12:36 Praneeth : Jit, 12.30
12:36 Jitender : k
12:37 Vinay : RK both BNF and NF at IBH …how would one play it now..or should wait ..
12:38 Jitender : greens+vol incrs 🙂 (12:36) Praneeth : Jit, 12.30
12:39 MJ : @ Vinay (12:24) RK : buy very mechanical ref today..IBH VWAP etc..on first test..kind of stretched profile we may see by EOD
12:40 Kathir : RK where is MO now
12:41 RK : 14
12:41 Kathir : ty
12:41 RK : Vinay context is given.you need to define your risk and give it a shot
12:42 RK : too much waiting for confirmation on intra trades = edge lost
12:42 RK : esp scalps
12:42 RK : for 10-15 in NF and 35-50 for BNF
12:43 TP : +1 rk
12:43 Vinay : so true RK…last few days i have been checking my intended trades on paper..based on what i learnt..i seem to hesitate too long..but when i write it down..success is almost 40%..need to build psychology before deploying actual money
12:44 RK : you are not alone..happens with me too..when I dictate trades it flows like anything and hit rate is so good but when I execute performance comes down..experience will take care of it..no need to worry
12:44 Jitender : try tradn with one lot only…will be quite diff rom paper trades
12:45 Jitender : @vinay
12:45 RK : yes when in doubt do small size
12:45 RK : that helps to improve confidence
12:45 Jitender : n ten u start learning n grasping nuances
12:45 Jitender : running is best wen pants r on fire
12:45 Vinay : Jit absolutely….its so contra to my day job I struggle a little with it
12:46 Uttam : NF taking sup at IBH
12:46 Jitender : pls dont trade if u r nt in front of the screen….till the closure of yr trade
12:46 Uttam : RK’s first buy trigger
12:46 MJ : True vinay. Gather small observation every day.
12:46 MJ : 🙂
12:47 MJ : See the first test of mech levels gave 12-15 easily.
12:47 Vinay : not that way Jit..my day job is managing risk and hence dispropotionate bets on convex bets..since thats the job..i keep looking for that in this too which is not right
12:48 Jitender : ys
12:48 Vinay : I need to shift context and time frames…getting used to it…its kinda messy..elec engg..managing risk..now in markets etc
12:48 Jitender : just dont bite more thn u cn chew
12:48 Praneeth : 8740 stuck in bnf?
12:48 Jitender : its real money
12:49 Uttam : dPOC rejecting NF
12:49 Uttam : for now 10677-690
12:49 Uttam : dVAL tag will be nice tp get a smoother ‘p’
12:50 Praneeth : in bnf uttam?
12:50 Jitender : Uttam..pls chck with Sakthi in learning channel….wen u have time
12:50 Jitender : ie address his query
12:50 Uttam : BNF already a smooth ‘p’ Praneet
12:51 Praneeth : ok
12:51 Uttam : sure Jit, thanks for bringing it to notice
12:51 Uttam : BNF morning singles test could be on & can decide afternoon move
12:52 RK : lol just said no politics and Varun tagging me in political tweet 🙂
12:52 Uttam : lol RK
12:52 MJ : He is reading everything here I guess 😛
12:52 Vinay : Jit…my fear is..i wont risk enough…actually..and hence never make money…am so so risk averse..usual bets i need to take in my day job is 0.05-0.1% of capital over a 3-5 year TF..if i size like that in my personal acct i struggle with no size left for NF..at 0.25-0.5% per trade i can do one lot..thats really my struggle and my question to you earlier
12:52 MJ : Though it is fun to read his commentary on political scene.
12:52 Uttam : NF at vwap
12:53 Uttam : reds here
12:53 MJ : 22k needs more ammo.
12:53 MJ : else gonna be dragged higher.
12:56 Uttam : -49k COT in that NF bar 5 mins
12:57 Praneeth : stuck seller now in bnf?
12:57 Uttam : buyers absorbing supply at vwap?
12:57 Himanshu : -7725 uttam
12:57 Uttam : prev one Himanshu
12:57 MJ : Yes. followup bar COT imp.
12:58 MJ : Such a cute P in bnf.
12:58 Uttam : NF also in the process
12:58 Uttam : 10670 low so far
12:59 Himanshu : mihir some more insights please (12:57) MJ : Yes. followup bar COT imp.
13:00 MJ : We had -49k -14k – 900 so far.
13:00 Vinay : Uttam defeldinf vwap NF ?
13:00 MJ : now if vwap hold has to come buyers need to show some commitment at vwap.
13:00 MJ : -900 became +900
13:00 Uttam : looks like Vinay as reds unable to make it stay below vwap
13:00 MJ : +3975
13:01 MJ : So observe price action.
13:01 Uttam : lets see how this 30min bar closes
13:02 MJ : Plus 23k reds at low around 671 is at wrong place so far.
13:02 MJ : Yes from micro to macro toggle now @himanshu.
13:02 Porus : cud be an early pullback today
13:02 MJ : 15k COT in 5 min is 90k in 30 min.
13:03 Uttam : ‘p’ profile Porus so can get back to highs making a poor high before givgin a spike late in the day
13:03 MJ : I picked up at 673 out 683.
13:03 MJ : half qty.
13:03 Uttam : nice Mihir 10690 level to watch now above it NF cen do day high again
13:03 Uttam : close above 10698 on 30mins needed
13:03 MJ : Yes. If you know how to use COT. it is a wonderful addition to the room.
13:04 MJ : Getting you 730 Uttam. thoda support kardo aap.
13:04 RK : 17+ vwap touch
13:04 Uttam : nice RK 🙂
13:04 Uttam : close above 10700 this 30min bar will be nice fro upside
13:04 MJ : RK first touch to ibh gave 10. and vwap gave 17 🙂
13:04 RK : and 23K reds is a hammer to push you to enter
13:04 MJ : amazing.
13:04 Uttam : +1 RK
13:05 MJ : Entered the moment I saw him. (13:04) RK : and 23K reds is a hammer to push you to enter
13:05 RK : now next pit stop is dVAL
13:05 Vinay : MJ RK can you please help understand that please
13:07 Praneeth : vwap possible in bnf also now?
13:07 Himanshu : thanks Mihir ,,RK
13:07 Uttam : yes RK lower part pf ‘p’ needs filling
13:08 Himanshu : so noe all cot of -49 -14 absorbed?
13:08 RK : one test above 695 and then decide there would be good now
13:08 Uttam : (13:03) Uttam : nice Mihir 10690 level to watch now above it NF cen do day high again….10690.7 high so far
13:09 MJ : Vinay. In OF find for upside down buyers/sellers. That 23k came to sell quite late. and he is now in pressure. In terms of risk management he messed it up. If he wold have sold higher he would have got something in hand. But because he sold at 671ish levels. He is now in pressure as buyers came just below that vwap.
13:10 Jitender : spx =8 from =23
13:10 Jitender : +
13:11 MJ : Vinay all this is contextual and unfolds as OF develops
13:13 Vinay : MJ thanks….for the time to explain…
13:15 MJ : Himanshu. See correlate with the numbers. It is still not out of the wood.
13:16 Jitender : (13:07) Praneeth : vwap possible in bnf also now?(13:10) Jitender : spx =8 from =23
13:16 Jitender : +6 NOW
13:16 Jitender : sry fr caps
13:16 Praneeth : yes jit looking for vwap
13:17 Uttam : (13:07) Uttam : yes RK lower part pf ‘p’ needs filling…happening
13:18 Uttam : neat rejection in NF at dPOC
13:18 Jitender : +1Uttam
13:18 Uttam : if vwap does not hold then off to dVAL
13:19 Himanshu : now 12 k stuck?
13:19 Uttam : reds again at vwap COT-17k
13:20 Jitender : vols pike needed
13:20 Jitender : spike
13:20 Shai : distribution now
13:21 Subhodeep : cans ome one please tell me hdfc at this spot how idoes it look ?
13:21 Shai : 10660 supp
13:21 Dhaval : do we try a trade arnd dval?
13:21 Shai : if you get greens
13:21 Dhaval : ok
13:21 Shai : no greens alst 15 mins
13:22 Shai : sidden strike 🙂
13:22 Shai : Buyers have to protect 10656-10660
13:22 MJ : Jit nice timely update.
13:23 MJ : on spx.
13:23 Shai : else this reverses down by 50 points
13:23 Uttam : +1 Shai
13:24 Shai : value is higher and we have a tail
13:24 Shai : so they are looking to test 10760 F from here
13:25 Shai : maybe tom
13:25 Uttam : vwap again being defended
13:25 Shai : and BNF is above the FA
13:25 Uttam : yes Shai so 1atr from that 26453 comes to your 26720
13:26 Shai : yes am looking at taht 720
13:26 Shai : poor structure spike that was
13:27 Uttam : +1
13:33 MJ : G period high you want to make Uttam?
13:37 Praneeth : now to vwap in bnf?
13:37 Praneeth : 🙂
13:40 Praneeth : or PB done and extension?
13:42 Uttam : shorts gettting squeezed
13:42 Uttam : trifecta
13:42 MJ : I that is. my bad.
13:42 MJ : trios coming in plenty.
13:43 Sumit : spike possible in BNF ?
13:45 Shai : Book the BNF fully at 26615
13:46 MJ : Olalalalalala!
13:46 MJ : love it.
13:46 MJ : 770 to 710
13:47 Shai : +1
13:47 Shai : 688 onwarsd shortys covered and cot went +
13:47 MJ : 1330 5 min bar is the give away. COT 15k follow up had more COT.
13:47 MJ : +1 shai 🙂
13:49 Shai : 612 guy is stuck in BNF
13:49 Shai : at 26612
13:49 Shai : can bring the rest to 760
13:49 Shai : enter longs again BNF
13:50 Uttam : NF does 10176
13:50 Uttam : 10716
13:50 MJ : Will take 760 there gracefully Shai 🙂
13:50 MJ : can it be morning buyer exiting?
13:50 Shai : could be
13:50 MJ : (11:17) MJ : 730…….
13:51 Shai : Book the 10700 CE at 137
13:54 MJ : Bnf can give one more pullback?
13:55 MJ : Morning buyers booked in NF. still a period strong.
13:55 Boppanna : 26612 check
13:59 Kathir : sudheer not here ?
14:02 Jitender : 720 in bnf ?
14:02 MJ : +1 bopp. entered the pullback .
14:02 MJ : Close above 777?
14:05 Praneeth : bnf 1.5Ib done
14:06 MJ : (11:17) MJ : 730…….
14:07 MJ : 45k responsive? Shai?
14:07 Shai : Buy BNF again 26645 sl of 26550 tgt 26760
14:08 Vinay : is something brewing this evening at press coonf of new rbi gov…
14:08 Vinay : uttam where would the 2 ATR of that failed auction come?
14:08 MJ : .5 bps?
14:09 Uttam : 27k Vinay 🙂 you planning for that 😉
14:09 Vinay : maybe should be my first trade..haha
14:11 Uttam : 26648 weekly POC in BNF so needs to sustain above it
14:13 Uttam : 10748 next levle to watch in NF
14:15 MJ : Uttam DHI 20 kyu kardia aap.
14:15 MJ : Break karo.
14:15 MJ : Thanks.
14:16 RK : guess another day for FII to show cash + derivatives shorts today
14:17 RK : cash liquidation and derivative shorts
14:17 RK : OF telling the same story
14:17 MJ : RK you want 480 visit back?
14:18 RK : yes shortly..once this rally exhausts in 780-850 band
14:18 MJ : Ok
14:19 MJ : take higher. I am happy.
14:19 MJ : Will find a nice place to exit swing.
14:21 Kathir : spx +14
14:25 MJ : This setup works quite well. Especially if Range is wide (12:06) MJ : If vwap== IBH we are usually quite comfy.
14:26 Boppanna : Nice one Mihir
14:29 Shai : yes RK
14:29 Shai : looking for some juicy shorts around 10760
14:30 Porus : where would bnf top out?
14:30 Porus : same as nf 10760?
14:31 Shai : stuck?
14:32 Vinay : does market know something about May’s noconfidence vote tonight in UK Parl?
14:32 Kathir : fine for me
14:32 Himanshu : fine
14:32 Shai : Book fully the BNF at 26680
14:36 Himanshu : mihir we r back at big guys levels
14:36 MJ : Yep 🙂
14:36 MJ : I guess he has built an empire of option strategies against his position.
14:37 MJ : He knew market might move both ways.
14:38 MJ : Salam kabool karo bossman v
14:38 MJ : (09:32) Shai : 26720 is the higher target in BNF
14:39 Himanshu : exactly mihir..
14:39 Himanshu : he is not giving his levels
14:39 MJ : especially when the premium were so high. He ate everything. He knew news way before anyone knew. def someone well connected.
14:40 KK : ‘
14:40 KK : ‘
14:40 KK : ]
14:40 MJ : TVS mechanical Keyboard quite good one KK.
14:40 MJ : Try next time.
14:40 Himanshu : 🙂
14:41 Himanshu : stop zone coming…
14:41 MJ : Uttam wo 10777 wapis mang raha hu. Like last time. Aaj plan hai?
14:41 KK : “}\
14:41 KK : ]
14:41 KK : ‘;
14:41 KK : ;’
14:41 KK : .,o[‘
14:41 Himanshu : todays EH 10710
14:41 KK : ,op/o’,’,/ol/’
14:41 KK : ‘/
14:41 KK : \
14:41 Himanshu : stops hitting?
14:41 Jitender : booked 710 (14:02) Jitender : 720 in bnf ?
14:41 Jitender : tx 2 Shai
14:42 Sumit : 1 l new seller ?
14:42 Prudhvi : 21280 is that you jit?
14:42 Jitender : sum of it…just ate my order
14:42 KK : /
14:42 KK : /
14:42 KK : /
14:42 KK : /
14:43 MJ : 762 so far (14:02) MJ : Close above 777?
14:43 Himanshu : kk bhai..
14:44 Kathir : bnf 1000 points up from yest lows 🙂
14:44 Jitender : yup
14:45 Jitender : 25706 low yday
14:45 Kathir : + brokerage jit
14:45 Jitender : 🙂
14:45 Jitender : congo Kathir
14:45 MJ : Congo everyone.
14:46 MJ : @Kris salam to you too.
14:46 Kathir : jit not traded 1000 points
14:46 MJ : 🙂
14:46 MJ : 45 mins.
14:46 MJ : 10800 claiming?
14:46 Jitender : my wife is awsumly happy…she went long yday at close….her first trade
14:46 Jitender : in positional a/c
14:46 Kathir : great one to start with. congrats
14:46 MJ : Jit you’ve got the first step right. God bless for more green trades.
14:47 Jitender : now i will hear a lot on tradn front also 🙁
14:47 Jitender : bc
14:47 TP : Congrats Jit , so today tequila in shot glasses instead of kulad 😉
14:47 MJ : as far as mtm is green in both. Sun lena 😉
14:47 MJ : kulahd will save you 😛
14:47 Shai : this could push shorts out
14:47 Jitender : i will sit n watch her have tem Tej
14:47 Shai : stay alert
14:47 Jitender : tx guys
14:48 MJ : So much premium in nf suddenly.
14:48 Shai : could spiral to 10827 also
14:48 MJ : Kara do Shai. 380 swing pos added.
14:48 Himanshu : sc shai?
14:48 RK : art of luring longs demo on
14:48 Boppanna : Shai BNF 800 possible?
14:50 Shai : 810
14:50 Himanshu : second EH 10734
14:50 RK : (12:24) RK : buy very mechanical ref today..IBH VWAP etc..on first test..kind of stretched profile we may see by EOD
14:50 RK : see the profile
14:50 TP : +100
14:50 Himanshu : yes rk
14:50 Boppanna : Perfect
14:50 Shai : +100
14:50 MJ : RK aapko bhi salam.
14:50 MJ : all maharathis in the house.
14:51 RK : learnt one thing well..how not to lose money fighting poor structure..structure can stay long and take time to get repaired
14:51 Shai : this has to come down from tom
14:51 MJ : We have all corners covered. Kris in Vizag. RK in Tamilnadu. Jit taking care of North. Pune has all the jewels. TP Shai Suyog. 🙂
14:51 RK : tmw also they could grind up with small value Shai then sm news and old drama back
14:51 Shai : lure is for the reatai and the weak selelrs to close today
14:52 Boppanna : Rk’s lower boundary 780 still pending
14:52 RK : v recovery and small grind at top means more lure
14:52 Shai : 10756 guy is again big seller
14:52 Himanshu : 120 k shai?
14:52 MJ : 120k single fella with pink shirt?
14:53 Vinay : RK distribution above this as weak hands enter as it will rotate at this +-80 levels to lure the innocent
14:54 RK : desert serve in closing mins 🙂 (14:52) Boppanna : Rk’s lower boundary 780 still pending
14:54 RK : band got neat stretch all day and its sitting there
14:54 RK : post 1pm I think it started moving from 730
14:55 RK : to all newbies..if keep watching that and its expanding means thats a sign not to fade the move..
14:55 MJ : That is sign to buy the reference levels if they touch.
14:55 RK : sm times it may come down but not most of the time
14:56 RK : buying is secondary..but am talking about the urge to fading smthing with a feel this has moved so much
14:56 RK : thats what mostly take your money
14:56 RK : and this is good tool to filter that urge
14:56 MJ : Yes. I’ve got 100% burnt that ways.
14:56 Shai : eyes at 827
14:56 MJ : Get it Bossman.
14:56 MJ : 10777 dot to the T 🙂
14:56 MJ : (14:02) MJ : Close above 777?
14:57 MJ : I feel like uttam right now.
14:57 Gaurav : back to that 5L friend at 10785
14:58 Vinay : Gaurav..this time he held a dd of 400 points
14:59 MJ : Vinay first he got 109xx levels and then reversed the train. From there he gets rough 500 odd points.
14:59 Gaurav : may have covered in parts, any case was expecting a side ways series after the last 3 trending series
15:00 MJ : Yes gaurav. And we get a nice wider range for the month too.
15:01 Himanshu : one more thing all major upside has come with vix decline and vice versa
15:02 MJ : Shai Net COT for the day is?
15:03 Shai : negative
15:03 Shai : 30 in charts
15:04 MJ : 30 in charts meaning? Is it somewhere in 30 min charts?
15:04 Praneeth : shai, you were mentioning about short covering in bnf.. above what level?
15:04 Shai : 30 min charts
15:04 Shai : pordon my keyboard
15:04 MJ : Pordoned.
15:05 Shai : 26920 positioanl shorts of the seroies Praneeth
15:05 Shai : 10900 in NF
15:05 Vinay : Praneeth I have seen many times at 1.2-1.3 ATR after a FA and closes and sustains it goes to 2 ATR many time in last month I have read Uttams reports
15:05 Shai : +1
15:05 Praneeth : ok.. thank shai
15:05 Shai : Uttam is on to 2ATR of that FA 26735
15:06 Praneeth : 2ATR will be around 27250 shai?
15:06 Vinay : but not sure…senior can guide better..just from my notes..in 45 days..that happening has a conditional probability of almost 0.7
15:07 MJ : @RK wouldn’t retail mindset want to fade this big move? They were pe longs yest. Plus todays move would have hurt them big?
15:08 MJ : And on top of it if FII go long here then 11.1k doable?
15:08 MJ : Need to watch the data.
15:11 Uttam : 2atr from FA of 26453 first at 27015
15:12 Uttam : then the 1 atr move from FA of 26745 if we close above it today
15:12 RK : MIhir if 11K is the obj then we would grind around..lets see
15:13 Sumit : BTST ?
15:13 Uttam : BNF can do 26810 today?
15:14 MJ : Thanks RK.
15:15 Himanshu : moreover every retail is eyeing 200 dma to go short or hold short…
15:17 Uttam : (13:04) Uttam : close above 10700 this 30min bar will be nice fro upside..NF trending higher once it did this
15:18 Uttam : (15:13) Uttam : BNF can do 26810 today?….coming….
15:20 Himanshu : @rk todays closing also way above VAL..
15:20 Himanshu : like of fridays one
15:21 Uttam : (13:03) Uttam : ‘p’ profile Porus so can get back to highs making a poor high before givgin a spike late in the day
15:21 Porus : +1
15:21 Uttam : spiek started early today though 🙂
15:22 Uttam : NF speeding towards that target Shai told it to get 🙂
15:23 Porus : all SC?
15:23 Shai : yes
15:23 Himanshu : uttam all EHs today are important references or only that 1st one at 10710?
15:23 Uttam : only first will be most imp Himanshu & rest if we do not open above todays highs can get repaired this week
15:24 Uttam : spike rules will be in play at open tom
15:24 MJ : Almost (14:46) MJ : 10800 claiming?
15:24 Jitender : Anuj sayn tat 3-4 months bottom has been formed
15:24 Kathir : RK another 2 % day
15:24 Uttam : andd we have a pretty big spike to deal with
15:24 Himanshu : okk thanks uttam
15:24 MJ : Jit how to read anuj?
15:24 Himanshu : spike from 10710?
15:24 MJ : Just like AG?
15:25 Uttam : higher range days attract higer range days
15:25 MJ : or he is trustworthy?
15:25 Himanshu : spx +22
15:29 Jitender : no idea MJ
15:29 Jitender : bye all
15:29 MJ : Close above 10777+ thanks all.
15:29 MJ : bye
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Bye all
15:29 TP : Bye All.
15:29 Shai : Have a nice evening
15:29 Uttam : BNF closed right at that FA of 26745
15:34 Vinay : bye all
09:46 MJ : Shai your views on Tamo?
09:46 MJ : Till dec expiry.
09:47 TP : Shai views on SBIN and BANKBARODA , swing/positional.
11:06 Gaurav : Shai Can buy DRREDDY dec-jan for 2900-3000?
11:30 Shai : tata motors headed to check supply at 169-170
11:31 MJ : Gracias Jefe.
11:31 Shai : sbin for 291/293 later this series
11:31 Shai : 281 is a supp next few days
11:31 MJ : Shai can you check welent and nocil whenever you can. If there is buying in these two?
11:33 Shai : bankbaroda close to that 116 supply
11:33 Shai : need to watch here as it can do 134 on short covering abv it or drop again
11:34 Sumit : what about rec ltd ?
11:34 TP : tks chief.
11:34 Shai : dr reddy back to test 2595 supp
11:34 Shai : good as along as it holds and can bounce to 2710 again
11:34 Shai : good RR for buy here with sl of 2580
11:35 Shai : REC 105 is the suppy of this month
11:35 Shai : bullish if it is overcome for 119
12:02 Kathir : @ gaurav see drl
12:02 Kathir : got PDD near 85 zone
12:03 Kathir : DRREDDY.EQ-NSE Signal Action Alarm! 2589.4 at 11:54:59 DivergenceX : Positive Delta Divergence
12:07 Gaurav : Thanks Kathir i got in at 2592 🙂
12:07 Kathir : 🙂
13:25 Subhodeep : please advise on hdfc at 1924
13:32 Shai : HDFC may be clismbing up for 1965 cash
13:32 Shai : sl is 1901
13:33 MJ : G period high you want to make Uttam?