Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade.
The way we see it is that Order Flow trading is a mindset. Well, instead of just looking for technical patterns, Trader should go a step further and think about what other market participants might do.
NF
BNF
Room Chat
08:55 Vtrender Live : (08:53) Vtrender Live: option screen- https://join.me/781-629-146
(08:55) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/336077413
09:41 Shai : (09:41) Shai : Intra – Buy NF 11280 and 11260 in 2 parts today. SL at 11240 for day tgt 11320/ 11340 .
10:15 Shai : (10:15) Shai : Intra – Book the NF fully 10297F
08:53 Vtrender Live : option screen- https://join.me/781-629-146
08:55 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/336077413
09:00 Shai : GM all
09:00 Shai : https://vtrender.in/market-profile-analysis-dated-11th-mar/
09:01 Jagdish : GM ALL
09:02 AN : Good Morning all.
09:04 Uttam : Good Morning All 🙂
09:04 Shubro : GM all
09:05 Shai : We are headed to another gap up
09:05 Uttam : rally of disbelief this is Shai?
09:05 Shai : 11272- 11278 ref line in NF for any higher open
09:05 Shai : 11210- 11220 to be an intra supp
09:06 Shai : initial trade expected within 11278- 11210 for day
09:06 Shai : any change to be monitored
09:06 Prasanth : what a run
09:06 Shai : 28260 remains the upper ref in the BNF even today
09:06 Uttam : guess it depends on BNF today
09:06 Shai : 28080 initial support for the open
09:07 Uttam : showing a 200 point gap up
09:07 Uttam : it can go for all time highs
09:07 Jitender : Gm Folks 🙂
09:07 Uttam : NF had some big reds at close yesterday
09:07 Himanshu : GM all
09:07 Uttam : so they could be forced to cover Shai?
09:08 Shai : RK won’t be around for his views / traders today and tom . JUst fyi
09:08 Shai : He will be back thursday
09:08 Uttam : oh ok Shai +1
09:09 Shai : gap up after a big trend up is generally not seen
09:10 Shai : but these are diff days obviously
09:10 Shai : vix, pcr all defying this move and onbiously it is election related
09:10 Uttam : it is the short covering which is leading this move up Shai? we had a ‘p’ on weekly & again yesterday a ‘p’
09:10 Jitender : will do it 2day….in 2 tradn sessions 🙂 15:13 Jitender : n on way to 28.2
09:11 Uttam : +1 Jit
09:11 MJ : Good morning Shai and all.
09:11 Shai : yes Uttam and break from 4 month bracket
09:11 Uttam : 28180 is a vPOC plus the 2 ATR from weekly FA of 26801
09:13 TP : GM All.
09:13 Jitender : 69.85 brokn in usdinr
09:14 Jitender : with o=h
09:16 Uttam : that 11200ce+10900pe combo at 190 now though I booked out rem at 170 ast close yesterday but a good trade set up
09:16 MJ : +1 Uttam.
09:16 MJ : Closed balance posn there.
09:17 MJ : Nice trade that one.
09:17 Uttam : balance leads to imbalance so when balance seems to be done can go for these combos with good R:R
09:17 Rahul Desai : Good morning All
09:17 Shubro : + 1 Uttam good stuff
09:17 Jitender : Congrats Uttam…good trade
09:18 Shubro : Uttam strike selection based on the hypose?
09:18 Shubro : sorry hypos?
09:18 Uttam : thanks guys 🙂
09:18 Shai : 28260 right at open
09:18 Shai : Nice 1 Uttam
09:18 Uttam : @Shubro try to select the strikes whose premium are almost same
09:18 Shubro : right
09:18 AN : Good Trade Uttam 🙂
09:18 Uttam : these 2 were closing around 70 on Friday
09:18 Uttam : so that way you reduce the risk
09:19 Shubro : right
09:19 Shubro : thanks Uttam good one adding to arsenal 🙂
09:19 Uttam : and from 70 the PE is now at 33 whereas the CE is 157
09:19 Shai : even Bot got 100 in one session 🙂 – https://vtrender.slack.com/archives/C2LGBES94/p1552362616000600
09:20 MJ : Yeah Slack buzz. @Shai is the bot fed to OF+MP references together?
09:20 Himanshu : Shai – 11200 ce now 165
09:21 Himanshu : still holding one lot – will book now
09:21 Uttam : Shai that was the best BTST from the BOT
09:21 Uttam : 3:15 we got the buy alert
09:21 Shai : yes we hold that Himanshu
09:21 Himanshu : ok
09:21 Shai : may look to get into 11300 ce also
09:21 Himanshu : Wow
09:22 Shai : COT shows selers in distress already
09:22 Shai : watch 11277
09:22 TP : yes chief nifty last 30 min badly trapped.
09:22 Uttam : +1 Tej
09:22 Shai : yes not expected gap
09:23 Uttam : (09:07) Uttam : NF had some big reds at close yesterday(09:07) Uttam : so they could be forced to cover Shai?
09:24 Uttam : that May combo wants a openining above 720 but no one ready to sell that 11300CE, still not traded today
09:25 Uttam : finally gets an opening at 440
09:28 Shai : would be light on volume as it is may and positional players won’t respond to open
09:29 Uttam : yes Shai but looks like a nice combo that one, taken 1 lot & will add another if Vix gives a dip
09:30 Shai : it’s high capital buit almots risk free for a month
09:30 Shai : till apr 10
09:30 Uttam : yes Shai
09:31 TP : That risk free thing is the key +1.
09:31 Uttam : vols in both almost same as yesterday for the first 15 mins
09:31 Uttam : +1 Tej
09:31 Uttam : OAOR in both so get ready for a dull first half guys
09:32 Prasanth : damn
09:32 Uttam : but Jit will love it 🙂
09:32 Jitender : already done 0.56
09:32 Subhodeep : good morning senors
09:32 Jitender : btw bnf has a pink band at open
09:32 Rajiv : Shai the OTM Call Put (NSE Circular related) adjustment dont seem to be having an effect!
09:33 Shai : 11250- 11280 ref line at open
09:33 Shai : buy near either for the open
09:33 Shai : 11312 expected abv 11280
09:33 Shai : 11210 sl for a long view
09:34 Uttam : +1 Shai NF had a selling tail from 11237 to 11312
09:35 Uttam : which is being negated now
09:37 Uttam : NF tags the 2atr tgt of 11247 from FA of 11033
09:38 Jitender : 11280
09:38 TP : don’t see any big numbers in 5min for algo ?
09:39 Uttam : +1 Jit
09:39 Jitender : +1
09:39 Jitender : remeber we discussed Powell n easing of tepring…in Feb beginning
09:40 Jitender : i said abt cheap Cost of Capital rally
09:40 Jitender : *tapering
09:40 Jitender : n FII have poured $3bn
09:41 TP : +1
09:41 Jitender : survived war fears
09:41 Shai : Intra – Buy NF 11280 and 11260 in 2 parts today. SL at 11240 for day tgt 11320/ 11340 .
09:43 Boppanna : Jit had mentioned typos being corrected yesterday again +100 from that number 🙂
09:44 Jitender : 🙂
09:48 TP : Shai intra refrences for BN .
09:48 Uttam : BNf also negating an earlier tail of 28225-28300 Tej
09:49 Uttam : above 28300 can do another 100 easily as yPOC there
09:49 TP : tks.
09:50 Uttam : vPOC* at 28401
09:52 Jitender : tues also gets inventory adj for weekly expiry
10:02 Shai : 28320/ 28388 abv 28330 roughly – (09:48) TP : Shai intra refrences for BN .
10:03 Boppanna : abv 28230?
10:11 MJ : 23k reds bnf
10:13 Shai : yes abv 28230
10:14 Boppanna : thx Shai..early morning virus attack
10:14 Uttam : 20k green at top in NF
10:14 Uttam : shorts getting squeezed
10:14 Shai : ohh. Hope all well Bopp
10:15 Shai : Intra – Book the NF fully 10297F
10:15 Jitender : +1
10:15 MJ : Looks that 23k getting out. All greens in line.
10:16 Uttam : super trade Shai 🙂
10:16 Boppanna : No Shai I meant ur typo virus..
10:16 Shai : 11297 🙂
10:16 Shai : lol Bop
10:16 Boppanna : Nice trade Shai
10:16 MJ : 330 here.
10:16 Shubro : Shai may I ask reason to book and not hold?
10:16 Shai : it’s infiltrated
10:17 Shai : Shubro- I don’t trust C hence
10:17 Shai : we can alsways buy again cos bias is the same today
10:17 Shubro : I seek okay many thanks
10:17 Uttam : yes Shubro IB done & we have OAOR so better to book profits
10:17 Shubro : right understood Uttam thanks
10:17 Shai : this is the play today- (09:22) Shai : COT shows selers in distress already
10:20 MJ : Been a while C period has played out. Would be nice if it is today.
10:21 Subhodeep : some problem with connectivity at my end msg in chats laggin g
10:21 Subhodeep : apologies if ther are repeats at my en d
10:21 TP : tks chief …(10:02) Shai : 28320/ 28388 abv 28330 roughly – (09:48) TP : Shai intra refrences for BN .
10:21 Shubro : it happens Subho to me as well i just logout and login
10:21 AN : Mj , you mean c side ext?
10:22 Himanshu : Uttam OAOR means ?
10:22 Shubro : Open auction out of Range Himanshu
10:22 Himanshu : Thx Shubro
10:23 MJ : @AN There is a quant Shai and room follows. For c side extension.
10:23 Shubro : Uttam right to say in OAOR kuch bhi ho sakta hai? :\P
10:23 Himanshu : NF still has viagra power
10:23 Subhodeep : waah some one is revving up on mprofile 🙂
10:23 Jitender : 11300
10:23 Uttam : yes PLR is very much up till all those stuck shorts get out
10:23 Jitender : +1
10:23 Shubro : Subho enjoying the journey
10:24 Uttam : but also we are highly overbought also here so keep reducing your risk here
10:24 Jitender : time fr a cuppa
10:24 Himanshu : 350 pts ofr BN Spot –
10:24 Himanshu : did they announce results of few seats seems
10:25 Subhodeep : +1(10:23) Shubro : Subho enjoying the journey
10:26 Himanshu : if NF clsoes above 11275 then all TAs on Twitter – Head and shoulder on Weekly NF is breached
10:26 Himanshu : most may be short ? and in Seminars their followers are also short biased – Royal Screw
10:26 Uttam : and in MP we got a weekly FA at 10833 2 weeks back whcih gave these upside targets
10:27 Himanshu : yes, my awestruck moment was in first 2 days itself.
10:27 Uttam : BNF gave a weekly FA on 20th Feb at 26801
10:28 Himanshu : Anology is poor – but TA without volume profie is judging a person with his looks – and viz MP judges with character ..
10:29 Uttam : completes the 2atr target of 28175
10:29 Himanshu : let say character and looks both to be right
10:29 Himanshu : ok now out of all pos
10:30 Himanshu : shall wait for test of IBL – YvWAP – 26080 if at all it comes
10:31 Uttam : (09:34) Uttam : +1 Shai NF had a selling tail from 11237 to 11312(09:35) Uttam : which is being negated now
10:33 Jitender : Uttam…100left fr bnf LTH
10:33 Jitender : spot bnf
10:33 Subhodeep : life time high jit ?
10:34 Subhodeep : bnf??
10:34 Uttam : above 28300 BNF on for 28399-401 Jit
10:34 Jitender : +1
10:34 Uttam : above that than that FA of 28478 & ATH of 28490 will come into play
10:34 Jitender : ys Shubho
10:35 Jitender : was chckn tat
10:35 Uttam : in NF above 11312 e have vpoc at 11349
10:35 Uttam : (09:49) Uttam : above 28300 can do another 100 easily as yPOC there(09:50) Uttam : vPOC* at 28401 half done & half more to go
10:36 HPandey : shai trend day coming? we have not even tagged B period RE
10:38 Uttam : 11312 here in NF
10:38 Subhodeep : shai your 320/340 also visible now grt read 🙂
10:39 Uttam : (09:49) Uttam : above 28300 can do another 100 easily as yPOC there(09:50) Uttam : vPOC* at 28401 Done
10:39 Jitender : 28.4 🙂
10:39 Uttam : 28399.8
10:40 Himanshu : Jit – it seems no re-entry today
10:40 Himanshu : mean no chance,,,
10:40 Uttam : d) Above 28225, BNF can move higher to 28300 and 28399-401
10:40 Himanshu : +1
10:40 Jitender : u will get
10:40 Himanshu : k
10:41 Himanshu : IBL – 28210 -225 is entry zone or
10:41 Himanshu : 28080 YWAP
10:41 Jitender : as i said..rally of disbelief
10:42 Himanshu : also think post- Strike – Sentiment- Judgement over election in FIIs mind changed with money taps flowing with last Powell speech
10:42 Prasanth : what is the trigger for this rally
10:43 Jitender : vix incrs
10:44 Uttam : (09:06) Uttam : guess it depends on BNF today(09:07) Uttam : showing a 200 point gap up(09:07) Uttam : it can go for all time highs
10:45 Shai : Yes HPandey
10:45 Jitender : Prasanth Fii{ gettn cheap money) + extreme faer n oversold mkts+ election discountn
10:45 Shai : a clean break this now above 11280 which is the new ref
10:45 Shai : @Prasanth the markets always look ahead
10:45 HPandey : thanks shai
10:45 Subhodeep : noted shai 11280..11030
10:45 Shai : I have littele dount that this move will be retraced
10:46 Shai : but time no one can tell
10:46 Subhodeep : agreed shai
10:46 Shai : for now it is wise to play trend and not try counter
10:46 Shai : setting up as a classic buy the rumor sell the news
10:47 Shai : we have seen it before and hence advised everyone yesterday to not trust the systems that much as they won’t work as well
10:47 Shai : this is a classic emotiional move
10:48 Boppanna : You meant I have no doubt?10:45 Shai : I have littele dount that this move will be retraced
10:48 Shai : yes Bopp
10:49 Boppanna : ok thx
10:50 Shai : for Bopp- https://vtrender.slack.com/archives/C0F2VRTPW/p1552368047000100
10:50 Shai : 189 on the 11200 CE now
10:51 Boppanna : 🙂 Shai
10:52 Hari : GM all
10:52 Hari : Jit, out of posns 70%
10:53 Uttam : small IB today in both & both have complete 1.5 IB already
10:54 Jitender : +1 Hari
10:54 Hari : called for rally on Feb 27 🙂
10:55 Hari : this one is managed well
10:55 Uttam : but booked out too ealry Hari those pos longs now with the benefit of hindsight
10:56 Uttam : but hats off to your entry
10:56 AN : Great read of market Hari
10:56 Shai : nice 1 Hari
10:57 Azmath : super Hari..
10:58 Hari : Shai, all your blessings only and well wishers in the room
10:58 Shubro : will the system please throw up an MB please please
10:58 Shubro : God Bless Shai
10:58 Shubro : brilliant stuff
10:58 Azmath : Shubro.. MB only when balancing
10:58 Azmath : we have to wait for that
10:58 Shubro : yes yes agree Azmath
10:58 Azmath : currently OTF up
10:59 Azmath : Look for MB in OAIR.. best setup
11:00 Shai : Thank you and cheers – (10:58) Shubro : God Bless Shai
11:01 Shai : _/\_- Thanks Hari- (10:58) Hari : Shai, all your blessings only and well wishers in the room
11:02 Hari : Shai, Vix is not falling yday and today, any reason
11:02 Shai : Yes a little caution needed here right
11:02 Shai : but I think any sharp dip to 11180 spot will be bought
11:03 Shai : 11180- 11325 spot my ref zone for the month now
11:03 Hari : Yes, probable ST top by 2
11:03 Shai : Vix and PCR also
11:03 Hari : seeing short build up in broader mkt
11:03 Shai : this move has stumped option players
11:04 Hari : Not a trade idea but just an observation, market can prove me wrong
11:04 Hari : April PEs are stable
11:07 Jitender : Hari..on thrus (15:26) Jitender : momentum n sentiment is irrational (15:23) RK : PLR up is different thing but how much easeness for the longs to carry is other thing..longs are running with any time butcher risk imo
11:07 Jitender : (10:41) Jitender : as i said..rally of disbelief
11:08 Jitender : been on rite side since last week of feb
11:08 Jitender : n the eternal bear in me is balanced for good now 🙂
11:08 MJ : +1
11:08 MJ : @Shai asked for 11400 march settlement. Looks like we might get till 14th march.
11:09 AN : Shubro- your wish of MB , See BNF
11:10 Shubro : yep yep
11:10 Shubro : goodie
11:12 Subhodeep : nice one(11:08) Jitender : n the eternal bear in me is balanced for good now 🙂
11:13 Hari : NF just 10 short of 1.5 IB
11:13 Uttam : 2 IB Hari
11:13 Uttam : 1.5 done long back
11:13 Uttam : 11316
11:14 Uttam : we have small IB in both today
11:14 Hari : NF IB is 43 right?
11:14 Hari : 11295+43 = 11338?
11:15 Uttam : that is 2 IB na Hari
11:15 Uttam : double of IB
11:15 Hari : sorry
11:15 Uttam : _/\_ please dont say sorry
11:15 Hari : so to watch for 1.5 IB fail today 🙂
11:19 Boppanna : D & E trying to push back C ext in BNF
11:20 Hari : This move is NF has high volumes compared to last 7 days 🙂
11:20 MJ : Yes bopp. 340 to watch for. Break gives more.
11:21 Hari : key is watch whether the gap hold until 12.30, wont preemot
11:21 Himanshu : bought 28300PE weekly
11:21 Boppanna : Yes MJ 340 onwatch for now
11:27 MJ : @Shai can we pull the day range from behind of that Size ticker?
11:29 Boppanna : @Himashu My two cents when you have an MB in BNF better to get ur trades at the bottom or the top based on ur bias
11:30 Boppanna : @Himanshu
11:31 Shai : @MJ done
11:31 MJ : Thanks Shai.
11:32 MJ : Bopp that c period setup is such a rock solid one.
11:34 Himanshu : Yes BOPP – thx
11:35 KK : MB ?
11:36 Uttam : micro balance
11:36 KK : thanks
11:36 Azmath : MJ aap ka 5L guy must be the most happiest guy
11:37 Azmath : after 4 months.. he must be in good profits
11:37 MJ : He is always in profits bhai. He knows when to eat premium and when to go with Futures profit.
11:38 MJ : Just getting that RO point move right is the key. Execution happens in the 1st week. or -+ 100 pts gives signs.
11:38 MJ : Like how Gaurav trades that setup.
11:38 Boppanna : Yep MJ a good one on most days as Shai had shared ..also today Uttam’s hypo target was right there and D high and MB high as well just have to be happy to exit quickly and don’t overstay when going contra IMO
11:38 MJ : The key was he came on Monday of the expiry week and not on a wednesday.
11:39 MJ : Yes bopp. Cutting off the trade quite imp when against the flow.
11:45 Hari : MO please, anyone?
11:46 Azmath : 110
11:46 Hari : wow
11:46 MJ : If anyone is looking for 4k uhd for the room screen. Samsung has gotten in some really good tv’s
11:46 Hari : Shai, is the last 6 days only one NF COT was +ve rest all 5 days it was -ve, how do you interpret this
11:46 Uttam : oh is it Mihir & what the cost like?
11:47 MJ : Flipkart 37k onwards. 43 inches.
11:47 Uttam : ok thanks 🙂
11:52 MJ : AZ vwap finally 🙂
11:52 Subhodeep : shai 11280 breach on the downside if and when it happens do we act with claws?
11:53 Azmath : _/\_
11:53 Subhodeep : or we look for btfd opp?
11:53 Uttam : big reds in NF in this vwap break
11:53 Uttam : -65k COT
11:54 MJ : Break of vwap makes it very interesting. First obj can be that 286.
11:55 Jitender : 28.3ce 162-119 🙂
11:55 Jitender : MB DBL TOP
11:55 Jitender : oops fr caps
11:55 Uttam : yes exhaustion at top
11:55 Uttam : in BNF
11:55 Uttam : poor highs
11:55 MJ : Median and reverse in MB.
11:56 Shai : 11272 F is the actiall supp
11:56 Shai : C again failing
11:56 Uttam : and today is a nice day for it to fail also Shai 🙂
11:56 MJ : +1 Shai.
11:56 MJ : Kept scaling in C. Partial out was 301 and More below vwap.
11:57 Himanshu : bought – TCL – 4K uhd – android – 55 inch with 3 years warrnaty on pannel @ 54K – avaioable at Tata croma or croma online
11:58 Himanshu : same specs you have – 65 and 75 inch also –
12:01 Himanshu : Fab TV – Value for money and 2 remotes – one for TV second for Netflix etc ( all apps loaded fully )
12:01 Himanshu : Been able to live stream movies
12:02 Jitender : Mi & Vu also have uhd at very competitive prices
12:03 MJ : Vu if you get that deal in croma for 20k. Still worth a buy. Picked one over the weekend for a friend. 43k uhd for 23 odd.
12:03 Himanshu : yes but – just not to boast – was Head of Sales for Nigeria for Samsung for 13 Yeras
12:03 Jitender : cool Himanshu
12:04 Jitender : u can ten get us a god discount 🙂
12:04 Jitender : if u know the Delhi GM 😉
12:04 Himanshu : So can tell you the diff – TCL – has good pannels and no comparision with Samsung – its just that with in 3 years technology adv so huge – TVs are second after Phones in replacement
12:05 Himanshu : take my advise –
12:05 Himanshu : the comparable spec in Samsung is 2.2 Lakhs
12:05 Himanshu : whereas what i bought was of 118 K with 50 % discousnt and 3 years full warrnaty
12:05 Himanshu : so what more discount I need
12:06 Himanshu : original price was 118 K – for 55 inch – now at 54,250 pick and thank me later
12:06 Jitender : 🙂
12:06 Himanshu : they have 43 also I guess, incase want to use for chatroom etc,,,
12:08 Himanshu : on large scale prodn on 4K which now happening – prices have crashed overseas for pannels – out of china base – but Samsung will continue to millk consumers
12:08 Jitender : LG makes panels for Sony also i guess
12:08 Himanshu : Samsung makes pannels for Sony
12:08 Jitender : k
12:08 Himanshu : LG makes their own pannels
12:09 Himanshu : whereas TCL makes their own pannels
12:09 Himanshu : is govt supported – No tax- free land- no export duty – huge adv
12:10 Himanshu : SONY components and pannel supplied by Samsung right from begin,,,
12:10 Jitender : buyn sum here
12:10 MJ : 27k at 288 upside down fella.
12:11 Hari : @jit, NF or BNF?
12:12 Jitender : both
12:12 Jitender : fr scalps
12:12 MJ : Done (11:54) MJ : Break of vwap makes it very interesting. First obj can be that 286.
12:12 Jitender : alrdy at 1.65X
12:13 TP : +1 JIT 2.5 for me.
12:13 Jitender : last nite bnf hw did wonders 🙂
12:13 Jitender : congo Tej
12:14 Boppanna : Congrats both of u
12:14 Uttam : congrats guys 🙂
12:14 Uttam : keep rocking
12:14 Himanshu : congtares – Tej and Jit
12:14 Jitender : tx guys
12:14 Himanshu : btw 1.65x means – 65% +
12:14 Jitender : 1.65xDT
12:14 Himanshu : DT ? Sorry
12:15 MJ : Aweome Stuff both.
12:15 Jitender : dailly tgt Himanshu
12:15 Himanshu : OOOHKK
12:15 Hari : congrats to the legends in the room
12:15 Jitender : sumthn in invented for not blown my acc
12:15 TP : tx guys.
12:15 Himanshu : You guys are true Pro+
12:15 Subhodeep : himanshu shall ask you on slack if its not a prob post mrkt
12:16 Psandeep : Nice work TP & Jit
12:16 Himanshu : come on anything –
12:16 Subhodeep : mirc
12:16 Himanshu : most wc
12:16 Jitender : (12:14) Jitender : tx guys
12:16 Jitender : Shubho…was thinkn the same..hv 2 pick 6+1 screens….
12:17 Subhodeep : jit wishing yu each day is boring 🙂
12:17 Jitender : hehe
12:17 Subhodeep : but congratulations nonetheless
12:17 Jitender : i know…have 2 take a brk man
12:17 Subhodeep : well do chekc slack when you ahve time
12:17 Jitender : sure
12:22 Uttam : (12:16) Jitender : Shubho…was thinkn the same..hv 2 pick 6+1 screens….ek hamare liye bhi Jit 😉
12:23 Jitender : will home deliever to Eagle eyes..wud be my pls
12:23 Uttam : (09:31) Uttam : OAOR in both so get ready for a dull first half guys(09:32) Uttam : but Jit will love it 🙂
12:23 Jitender : +1
12:24 Uttam : (12:23) Jitender : will home deliever to Eagle eyes..wud be my pls _/\_
12:24 Uttam : BNf looks like getting ready to rpair the poor highs?
12:24 Uttam : NF also got good reds stuck in that vap break
12:26 Jitender : bkd half bnf at 45 ….40 bps in (12:10) Jitender : buyn sum here
12:26 Uttam : BNF has the TPOs BCFG at 28310 singaling that BTFD here 😉
12:26 Vijayaragavan null : bcfg nd btfd?
12:26 Boppanna : lol Uttam
12:26 Uttam : lol Vijay that was just in jest
12:27 Uttam : BNF not going below 28300 is a bullish sign though
12:28 Sunder : what is BTFD
12:28 Jitender : ‘bcfg’ r tpo’s in profile Vijay & btfd is buy the dip
12:28 Uttam : BCFG can be BNF cant close the F Gap
12:29 Amit : @sunder buy the f*** dip (12:28) Sunder : what is BTFD
12:30 Himanshu : haha
12:30 Himanshu : its is technical term -Reg acronym for bot
12:31 Himanshu : that adjective is – Strength of call
12:38 Uttam : 20k reds in NF here
12:39 Shubro : another p forming in both?
12:41 Hari : NF jumping bidss
12:44 Uttam : lack of volumes Hari?
12:45 Uttam : (12:38) Uttam : 20k reds in NF here…looks like again those reds were forced to exit?
12:46 Hari : No, volumes are very good, long liquidation
12:47 Hari : These guys are booking profits everyday and buying the market at close
12:47 Azmath : COT negative from B till F
12:47 Uttam : oh ok cost the vol bar on 15 mins are no where near the average vols after IB in both
12:47 Hari : too many shorts stuck, they need to cover else 11800
12:47 Uttam : locals playing football here
12:48 Hari : ofc today adj move can come for thrus settlement
12:49 Uttam : but so far 60L & 15L are good vols as you said Hari
12:49 Hari : yeah, vwap line is flat ro RE may not come
12:51 Uttam : (12:24) Uttam : BNf looks like getting ready to rpair the poor highs?(12:27) Uttam : BNF not going below 28300 is a bullish sign though
12:51 Uttam : back into that MB is BNF
12:51 Jitender : full book bnf at 65…60bps n nf at 99…10bps (12:26) Jitender : bkd half bnf at 45 ….40 bps in (12:10) Jitender : buyn sum here
12:51 Boppanna : +1 Jit
12:52 Subhodeep : which one jit ?
12:52 Subhodeep : bnf?
12:52 Jitender : (12:12) Jitender : fr scalps
12:52 Subhodeep : ok
12:52 Jitender : Shubo (12:11) Hari : @jit, NF or BNF?(12:12) Jitender : both
12:53 Jitender : done majorly fr thr day…have 2 go in sumtime
12:53 AN : Good one Jit…
12:53 Himanshu : HMM since now 2.5 X Jit cong
12:54 Jitender : less qty H…2 ish
12:55 Himanshu : Uttam – MB top test in BNF likely iby 1.-1.30
13:10 Shubro : done BNF MB
13:10 Shubro : +1 Himanshu
13:10 MJ : Fix that poor high comeon.
13:11 Uttam : (12:24) Uttam : BNf looks like getting ready to rpair the poor highs? getting there
13:11 MJ : Yes uttam 🙂
13:11 MJ : above 340 was long.
13:11 Himanshu : Uttammmmm
13:11 Uttam : 28300 not breaking was long for me 🙂
13:11 Himanshu : +1
13:11 MJ : Nice one.
13:12 Uttam : done dona dan
13:12 Shubro : here we go
13:12 MJ : ces not making high.
13:12 Himanshu : donne dana dan dan dan
13:12 Himanshu : book here Uttam
13:12 Himanshu : what say?
13:12 MJ : 3ib uttam?
13:12 Himanshu : 28000 Green
13:12 Himanshu : at high in BNF
13:13 Uttam : 2 IB done in BNF
13:13 Uttam : 28418
13:13 Uttam : yes Himanshu time to book
13:13 Jitender : was a good entry point (12:10) Jitender : buyn sum here
13:14 Uttam : that BCFG can attract BNF now
13:14 Shubro : yes Jit was with u there
13:14 Uttam : +1 Jit
13:14 Uttam : and it is always good to book profits at 2IB (RK has told this)
13:15 Himanshu : yes also OP+RA
13:15 Himanshu : 28410
13:15 Himanshu : so booked 28300 and 28200 PUTS
13:15 Uttam : BNF still has it to make new all time highs today
13:15 MJ : Jit going long and some upside down guys makes this sweet. (12:10) MJ : 27k at 288 upside down fella.
13:15 Himanshu : Will see to book 28100 PEs
13:15 MJ : Awesome trades J.
13:15 Uttam : poor high now taken higher 😉
13:15 Uttam : 420
13:16 Himanshu : Uttam poor high – means only one TPO at the price is it so
13:16 Uttam : NF forming ledge at 11307?
13:17 MJ : 30K sl Uttam?
13:18 Uttam : looks like Mihir
13:19 Uttam : @Himanshu poor high or low mean more than 1 TPO at that level so profile looks kind of incomplete
13:20 Himanshu : yes – Ohk – so minimum – how many TPO makes it confirm
13:20 Himanshu : atleast 3 ? or ?
13:21 Uttam : 2 are enough
13:21 Himanshu : k tHX
13:22 Himanshu : SO We have poor lows to tackle today and inv adjustment as Jit said once here
13:22 Subhodeep : ne kind of formation today rk on the m p str?
13:24 MJ : NF for NE.
13:24 MJ : So far.
13:25 Himanshu : MJ – NE means neutral
13:25 AN : Neutral Extreme
13:25 Himanshu : ok Thx An
13:26 MJ : Yes.
13:26 Uttam : BNF taking aup now at the top od the MB midpoint
13:26 MJ : 42% normal variation days do exact 2IB or more.. also 65% of Neutral extreme days do 2IB or more
13:27 Uttam : nothing Neutral about today though so far
13:27 AN : Lots of greens in NF
13:27 Uttam : A period singles & gap not filled so PLR is up
13:28 MJ : Always get my mind between normal and neutral.
13:28 Azmath : COT positive from H till now 12:47 Azmath : COT negative from B till F
13:28 Uttam : small IB so can give a multiple IB day
13:29 Uttam : 3IB in BNF means new all time highs
13:29 Uttam : but it is NF though whihc has been lacking today
13:30 Himanshu : Uttam NF can complte poor highs of C ?
13:31 Uttam : no poor highs there na Himanshu
13:32 Uttam : NF smoothening that ledge at 11307
13:33 Himanshu : OHK –
13:35 Jitender : longs b careful
13:35 Himanshu : Why noy shot call -Jit 28400CE
13:35 MJ : spx anyone?
13:35 Jitender : u can H..but hedge
13:36 Jitender : +5.38 M
13:36 MJ : Thanks.
13:36 Himanshu : for Intra- day scalp
13:36 Jitender : ys
13:37 Himanshu : 10 rs gone
13:41 Uttam : again 20k reds getting stuck in NF
13:43 Uttam : 11250pe has been royally written today
13:43 Uttam : weekly one
13:45 Shubro : Uttam query – if the NF now if ending here in balance?
13:45 Shubro : *is
13:45 Shubro : or still more balancing to go
13:46 Uttam : OAOR generally gives a move in the afternoon Shubro
13:46 Uttam : 11312 or 11298 Nf needs to decide
13:46 Shubro : i see mental note thanks
13:46 Uttam : if 11298 goes ont tri pto mirning singles possible
13:47 Uttam : above 11312 upside is open in NF
13:47 Shubro : are the volumes showing any indication?
13:48 Jitender : got 20bnps (09:13) Jitender : 69.85 brokn in usdinr(09:14) Jitender : with o=h
13:48 Jitender : bps
13:49 Hari : brace ur selves
13:50 Uttam : you planning a surgical strike Hari?
13:50 Hari : NF gonna be all over the place
13:52 Uttam : 11290 holding?
13:57 Uttam : BNF is making the moves today
13:57 Jitender : AZ not lettn go of his MB
13:57 Azmath : 🙂
13:58 Azmath : Jit.. i trade MB only NF
13:58 Jitender : k
13:58 Azmath : BNF Beast for me
13:58 Jitender : yh it is
14:02 Uttam : looke like over to K to decide today’s close
14:02 Uttam : looks*
14:02 Uttam : J making lower high & low
14:08 TP : investing.com down …lovely page coming up.
14:13 Boppanna : lol Tej
14:16 Subhodeep : jit decent run o indu 🙂
14:19 Hari : Uttam, day COT is reset every day right
14:22 Subhodeep : +1 tp investing giving trouble since morning …
14:23 TP : 😉
14:23 TP : Uttam bn new high ?
14:23 Subhodeep : nf new high coming up it seems
14:24 Subhodeep : boom time 11380 doable today uttam ?
14:27 Subhodeep : jit do you see k l ext in nf?
14:28 Boppanna : High so far 472 f) On the upside, BNF above 28401 can probe to tag that FA of 28478 and the all time high of 28490
14:28 Shubro : that new 41k spoilit it
14:29 Shubro : spoiling it?
14:30 Jitender : just came bck…bnf unrelentn
14:31 Subhodeep : yes bk paring id losses now back to neut to green
14:32 Boppanna : Jit you expecting one more gap up tomorrow?
14:32 Subhodeep : metals moving smart as well among beaten down sectors
14:33 Jitender : nyone left shrt on twitter 🙂
14:33 Subhodeep : nf unrelelnting ass well imo(14:30) Jitender : just came bck…bnf unrelentn
14:33 Subhodeep : a lot o fthem \
14:33 Subhodeep : now they shall be positional shorts
14:33 Jitender : 🙂
14:33 Subhodeep : with avgup pronciple
14:33 Uttam : (13:28) Uttam : small IB so can give a multiple IB day(13:29) Uttam : 3IB in BNF means new all time highs(13:57) Uttam : BNF is making the moves today
14:34 Shubro : where is Ag ?
14:34 Subhodeep : ag restig
14:34 Uttam : @Tej 28490 is ATH
14:35 Uttam : (13:43) Uttam : 11250pe has been royally written today(13:52) Uttam : 11290 holding?
14:35 Jitender : Bnf LTH
14:35 Jitender : ?
14:35 Uttam : (13:15) Uttam : BNF still has it to make new all time highs today
14:35 TP : tks uttam just did 1 trade now since morning in bn for that ATH …..(14:34) Uttam : @Tej 28490 is ATH
14:36 Uttam : mentioned that in the morning that BNF is looking like can scale new highs
14:36 Jitender : i also sar 🙂
14:36 TP : looks like opretors want one circuit before polls 😉
14:36 Uttam : +1 Jit
14:36 Uttam : I told you it has always matched our views on market
14:36 TP : bn 3ib done.
14:37 Uttam : time for NF also to tag that 11350 vpoc then?
14:37 Uttam : yep
14:37 Uttam : 28522 3 IB
14:38 Uttam : (13:46) Uttam : OAOR generally gives a move in the afternoon Shubro
14:38 Uttam : @Hari yes COt is taken from day start afresh
14:39 Uttam : (14:02) Uttam : looke like over to K to decide today’s close(14:02) Uttam : looks*(14:02) Uttam : J making lower high & low
14:39 Uttam : and what a move in K we got
14:39 TP : +1
14:40 Hari : and it now only 2.40
14:40 Uttam : how’s the josh with the shorts 😉
14:40 Hari : bears should be hoping for a early close of markets 🙂
14:41 Subhodeep : jit indus an dhdfc bnk propelling bnf
14:41 Subhodeep : i am a bear but wthout claws now 🙂
14:41 Subhodeep : letting my nails grow
14:41 Jitender : +1
14:41 Subhodeep : 🙂
14:42 Uttam : that BCFG in BNF did not get tagged at all 😉
14:43 Uttam : (14:37) Uttam : time for NF also to tag that 11350 vpoc then?
14:43 Subhodeep : i think i got my answer fromt eh mkt :)14:27 Subhodeep : jit do you see k l ext in nf?
14:44 Jitender : sry..missed it
14:44 Jitender : wwas away from desk
14:46 Subhodeep : now worries
14:46 Subhodeep : no *
14:46 Subhodeep : just seeking confirmations from betterr pair of eyes and fast reaction time
14:47 Sunder : so what’s a ledge
14:48 Subhodeep : @shai shoudl we exot few more 11200 ce that we did exit yest @126?
14:48 Subhodeep : 200 now
14:50 Uttam : that strangle combo now 225 🙂
14:50 Subhodeep : uttam do you see 373 380 nf today ?
14:51 Subhodeep : or below 319 ?
14:51 Uttam : 11350 & 11380 possible
14:53 Uttam : @Subhodeep Shai wanted to enter 11300ce also so dont let go of that 11200ce
14:53 Uttam : may be we can chck with Shai about getting the TSL up
14:53 Uttam : or enter the 11300ce and then book out in this
14:54 Uttam : BNF is on new ground or rather new skies
14:54 Subhodeep : noted uttam
14:54 Uttam : 28578 could show some res
14:54 Subhodeep : shall sq off everything by 330 today heeding tp s advice and not carrying anything beyong qty and comfort
14:55 Subhodeep : shai 340 also here orning intra call
14:55 Subhodeep : awesome read shai
14:56 Uttam : another ‘p’ type profile
14:56 Uttam : shorts still getting stuck
14:57 Uttam : (14:54) Uttam : 28578 could show some res…I put this before it actually made a high of 28578
14:57 Uttam : but the momentum it has BNF can move higher to 28656-668 levels
14:58 Hari : @Jit, am all out 100%
14:58 Uttam : congrats Hari & I am sure it has been a lovely ride 🙂
14:58 Hari : dont like todays move
14:58 Hari : Thanks Uttam
14:58 Hari : shorts covering today
14:59 Boppanna : Nice conviction Hari
14:59 Uttam : shorts have been covring since long Hari
14:59 Uttam : till every short is not getting out of the system this rise will continue looks like
14:59 Hari : Uttam, am referring to stuck shorts by retail
15:00 Uttam : vPOC tagged in NF
15:01 Uttam : 11349 high
15:01 Hari : Uttam, when you find time, can you post all references in NF from 11033 until now
15:01 Uttam : I post them on the daily report daily Hari
15:02 Hari : what I am referring to is the support levels from 11033 until todays move, there may be various level that will support when the fall comes
15:02 Subhodeep : rk missing in action today uttam??
15:03 Uttam : yes Subho, Rk is out today & tom
15:03 Jitender : 2nd 500 pointer on bnf in last 10 days
15:03 Subhodeep : ok
15:03 Subhodeep : +1 jit
15:03 Uttam : spike time in NF?
15:03 Subhodeep : life time highs taken out today right jit ?
15:04 Uttam : 11454 2 atr of weekly FA coming this week?
15:04 Jitender : ys Shubho
15:05 Jitender : Uttam can cnfirm ?
15:06 Uttam : in Spot is it?
15:06 Subhodeep : bnf spot wise yes
15:06 Uttam : BN has hit a century above ATH in spot
15:07 Uttam : 28388 was ath till today
15:07 Uttam : now 28488
15:07 Jitender : +1
15:07 Uttam : BNF was way hgiher cos the high was made during an exoiry I think
15:07 Himanshu : yes
15:07 Psandeep : today may be probably the best day for bn option traders…traded ce,pe, future evertyhing..no words just to Thank You God for another great day.
15:07 Himanshu : i traded that day – remember
15:08 Uttam : 28th aug
15:08 Himanshu : uttam – but profile needs to balance in BNF before or on expiry day what say/
15:08 Subhodeep : 3 days 2 100pointer days on nf
15:08 Uttam : (14:54) Uttam : 28578 could show some res…BNF took this too seriously
15:09 Himanshu : can we balance at 28350 tom –
15:10 Jitender : only 2mrw will tell himanshu
15:10 Uttam : for that we need to see where we close today and more importwntly where we open tom
15:10 Himanshu : k
15:10 Uttam : there is no hint of euphoria today as BNF makes ATH
15:10 HPandey : shai uttam another NE ?
15:10 Uttam : so that is a good enugh indicator that upmove is still not over
15:11 Hari : BOTs NDD in NF
15:11 Uttam : we do have a spike close in BNF so in case of a gap down then we can consider this spoke as a tail
15:12 Uttam : 28500 immd sup & below it ext handle of 28420
15:14 Boppanna : The bears can only chant as Home Work for tomorrow 🙂 .. BANKNIFTY H19-NSF Signal Action Alarm! 28526.00 at 14:37:14 3IB H Hit today. Watch the IBH tom for a counter trend short
15:14 Azmath : BOT closing BNF
15:14 Azmath : maybe 3IB setup play tomorrow
15:15 Himanshu : AZ bot closing BNF means – closing high
15:16 Azmath : BOT closing Tg2 QT2 targets
15:16 Azmath : NF still open thou
15:18 Uttam : big reds in NF here
15:18 Subhodeep : nf shall take the stage again tomorrow imho today shall leave unfinished business and shall keep the 11380 as a hook fo rthe longs… just that i hope we close above 11322
15:19 Hari : which channel in Slack Bop?
15:19 Boppanna : Uttam’s Whats the ref for 28578 ?
15:19 Boppanna : 3Ib alerts Hari
15:20 Uttam : 1 ATR on weekly time frame
15:20 Boppanna : thx
15:20 Uttam : from this week’s low
15:20 Subhodeep : thanks everybody esp jit for yet an other wonderful day
15:20 Subhodeep : stay happy stay blessed
15:20 Subhodeep : me signing off
15:20 Subhodeep : have a grt evening
15:20 Jitender : tc man
15:22 Boppanna : @Jit 14:32 Boppanna : Jit you expecting one more gap up tomorrow?
15:23 Jitender : ys BoP
15:23 Jitender : but we r too stretched
15:23 Jitender : so take small pos of next week
15:23 Jitender : n hedge with far OTM sell of tis week
15:24 Hari : me think posnl longs have liquidated
15:24 Hari : and some nice selling in last 20 mins
15:25 Jitender : PB Hari
15:26 Boppanna : Jit had read in Daltons tweet “Stay alert, the odds are against the third gap holding” hence asked
15:26 Uttam : its also called the exhaustion gap Bops
15:26 Jitender : BoP ..ten avoid
15:27 TP : Despite the 2 day pop up , vix is still higher.
15:27 Jitender : yh
15:27 Jitender : hedges
15:27 HPandey : +1 (15:24) Hari : and some nice selling in last 20 mins
15:27 Jitender : BoP…2day tere was also cash buyn in hdfc etc
15:27 Hari : PB normally dont come in last 30 mins
15:27 TP : ok Jit.
15:27 Jitender : so let mkt tell 2mmrw….if it wants to balance
15:28 Boppanna : thx all
15:28 Jitender : 1st thing wud be close below 2day’s vwap
15:28 Hari : no offence Jit
15:29 Jitender : none taken Hari….
15:29 Uttam : @Hari yestrday same thign happened
15:29 MJ null : Bye every one. Have a nice evening
15:29 Jitender : ys
15:29 Uttam : reds came in in last 30 mins
15:29 Uttam : and got trapped
15:29 Jitender : bye all
15:29 TP : Bye All.
15:29 Uttam : thanks All : )
15:29 Uttam : have a lovely evening
15:30 Himanshu : bye all – Uttam so fom this close
15:30 Himanshu : can we test BNF todays VWAP
15:30 Himanshu : in first session tom,,?
15:30 Uttam : depends on where we open & hat kind of open we get
15:30 Jagdish : good evening
15:31 Himanshu : ok – Expriy range 27560- 28578
10:38 Subhodeep : dr reddy how does it look swing wise and id wise
10:57 Shai : wtch sun pharma guys
10:57 Shai : it’s getting a move on with big players
10:58 Shai : 477/ 485 visbel short term
10:58 Shai : but longer term shaping up also
10:59 Shai : dr reddy is looking at 2700
10:59 Shai : 2625 sl for this leg up
11:13 Uttam : thanks for SunPharma Shai, entered in cash
11:25 Uttam : stop in Sun would be below 459 on closing basis Shai?
11:32 Shai : yes below 460
11:33 Shai : move needs a clsoe abv 468 today
11:33 Shai : else avoid
11:33 Shai : watch 3.15
11:33 Shai : that’s the time sun moves weird
11:33 Uttam : done Shai +1 thanks
11:44 Boppanna : Shai Infy March expiry view lower target if fails to hold 700-708?
11:50 MJ : Shai Titan. Swing wise should hold for more? it’s at 52 week high. All beyond this is about OF.
12:00 Rajiv : Shai when you have time please give you view on Auro Pharma
12:01 Rahul Desai : Hi Shai…kindly share your views on USDINR April Futures whenever you are free
12:01 Shai : 702 still a positional supp in infy
12:01 Shai : may stay 730- 702
12:02 Shai : 1102 one obj done in titan’
12:02 Shai : next leg only if 1102 crossed then 1127 poss
12:03 Shai : 796 obj of thye move in auri
12:03 Boppanna : thx Shai
12:04 MJ : Thanks Shai. Will start exiting cash pos.
12:04 Shai : 762 early supp auro
12:04 Rajiv : Thanks
12:04 Shai : usdinr same views – no change
12:04 Shai : highlisghted in USDINR channel on slack
12:04 Shai : what happened in ZEE
12:05 Shai : 12 pointer off noweher
12:05 MJ : @Shai adanient gets and tags 146ish
12:06 MJ : Yeah Shai Rocket in Zee.
12:07 Subhodeep : indusind bank swing and id view please shai
12:14 Subhodeep : booked at 1552.9 is it in breakout territory swing wise indusind shai ?
12:32 Jayesh : Shai, intra day view for RIL please.
12:33 Rahul Desai : Thanks Shai
12:34 Rahul Desai : Shai kindly grant me access to USDINR channel… I cant see it in my Slack window
12:35 Uttam : you can join the channel yourself Rahul
12:35 Rahul Desai : Yeah I got in Thanks
12:36 Uttam : +1
12:36 Uttam : on fact I also just realised that I was also not able to view it & just joined abck again, thanks to your query 🙂
12:38 Rahul Desai : Hello Shai…the view which you have expressed regarding USDINR in the USDINR channel is for the current Futures contract right?
12:38 Uttam : yes Rahul
12:38 Rahul Desai : Thanks Uttam
12:38 Rahul Desai : Sorry to ping you guys like a small baby 🙂
12:41 Subhodeep : @uttam please get me in the usd inr channel as well
12:41 Subhodeep : i dont think i have an access there
12:44 Uttam : you can click on channels Subho
12:44 Uttam : and you will get the list of all channels
12:44 Uttam : https://vtrender.slack.com/messages/C7DNZNZQA
13:34 Gaurav : Shai can buy ACC and RAMCO Cement for March/April?
14:44 Rahul Desai : Hi Shai…whats your view on Reliance March Futures