Order Flow charts dated 13th July 2020

A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an Order Flow chart.

Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.

NF

Vol Pic2 Nf 8 Order Flow Charts Dated 13Th July 2020 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 8 Order Flow Charts Dated 13Th July 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

Room Chat

09:45 Tejpreet : GM All.
09:45 Manikandan : GM All
09:45 Sylvester : GM all
09:45 KK : GM
09:45 Ashwath : GM All
09:45 Ashok82 : GM All
09:45 Rajesh G : gm
09:45 Vtrender Live : 5 min charts of NF- https://join.me/315-792-523
09:45 Uttam : Good Morning All 🙂
09:45 Vtrender Live : 5 min charts of BNF – https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
09:46 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/923235501
09:46 Tejpreet : I tght we would see a couple of IB in this gap up 🙁
09:47 Uttam : BNF keeping it grounded so far Tej
09:47 Tejpreet : yes NF looking much better
09:47 Shai : GM all
09:47 Vishnu : gm all
09:47 Saurabh rohatgi : gm everyone
09:48 Avinash : GM everyone
09:48 Irfan : gm everyone
09:48 Nirmal null : gm
09:49 Tejpreet : Shai can we have your morning views and refrence lines to watch.
09:49 Aditya : Good Morning all
09:49 Nitin null : an new here.
09:50 Shai : GM again.
09:50 Shai : Hope everyoen is back here
09:50 Chintan : GM team
09:50 Shai : 10878 ref line for the higher open
09:50 Aditya : gm
09:51 Shai : openj at the edge of the composite balance
09:51 Shai : Any breakout from here needs higher volumes, so watch the speedo
09:51 Shai : 10810 supp for the open\
09:51 Giridhar Gowravajhal : GM all !!!
09:51 Shai : watch 10870- 878
09:52 Tejpreet : tks chief
09:52 Ashwath : @Shail – BNF?
09:53 Shai : 22870 higher res for day in BNF
09:54 Shai : 22400 supp below which it can drop to 22060
09:54 Uttam : BNF going for 22420 test looksl ike
09:54 Ashwath : +1
09:54 Ashwath : Thank you!
09:56 Aditya : nf 71000 buyers caught upside nd then IS with 31k cot is it a sell?
09:57 Nirmal : aditya where 71k buyer ?
09:57 Aditya : 9.30 bar
09:57 Uttam : 1.2L red in NF at 10855
09:58 Uttam : BNF had a big seller at open at 22650
09:58 Nirmal : 123300
09:58 Nirmal : this is seller
09:58 Manish : charts?
09:59 Uttam : 22560 immediate ref in BNF
09:59 Shai : Friday dip buyers exiting
10:00 Ankush Jain : the day is OAIR?
10:01 Uttam : BNF OAIR
10:01 Uttam : NF OAOR
10:01 Uttam : so OA in both
10:01 Uttam : low vols also so far
10:01 Nirmal : open type NF OAOR
10:01 Nirmal : dqy can not be decided so early
10:01 Nirmal : day type*
10:02 Manish : Not so early Nirmal
10:04 Uttam : BNF can get a good move higher if gets above that 22575
10:04 Nirmal : what is day type then
10:04 Nirmal : manish bhai
10:05 Uttam : 22480 is an RB
10:07 Sylvester : 22575 levels selected because of zeros in 10:35 candle @Uttam ji?
10:07 Uttam : it was also a PBH on Friday
10:07 Manish : at open, we can judge open type. For day type, we have to wait some more time, @ Nirmal
10:07 Sylvester : 09:35
10:08 Uttam : yes
10:08 Aditya : pbh?
10:08 Sanjib : Pull Back High
10:08 Uttam : please read daily reports Aditya
10:09 Uttam : all these are mentioned in them
10:09 Aditya : ok
10:09 Uttam : C side coming in Bnf?
10:10 Nirmal : today tmrw i m expecting boom boom …may be some govt news or rbo
10:11 Nirmal : rbi
10:11 Nirmal : otherwise it is not good
10:11 Ashwath : looks like osme1 turned on mic
10:11 Ashwath : kindly go on mute guys
10:11 Boppanna : 22400 zone importan in BNF
10:11 Uttam : we trade based on charts Nirmal
10:11 Nirmal : agreed
10:11 Boppanna : Pull Back High
10:12 Nirmal : MO is also minus ..not a good sign plus FII is closing longs gradually
10:12 Manish : No trade is BN yet na Guys? Cause of that IS?
10:12 Nirmal : i will dump longs after tmrw
10:13 Himanshu : Gmall
10:14 Manish : Gmall?
10:15 Himanshu : GMorning
10:15 Uttam : aa gaya – (10:09) Uttam : C side coming in Bnf?
10:16 Uttam : 22430 so far – (09:54) Uttam : BNF going for 22420 test looksl ike
10:17 RiteshM : what is bias as per report buy above 22540
10:17 Manish : 22560 is the level
10:19 Uttam : now BNF can fly
10:19 Uttam : lets get some IBs
10:20 Manish : Ok UG
10:20 Uttam : let the dhoka period get over
10:21 Seshadri : target in BN
10:21 Manish : Wait for the trade to come first.
10:22 Uttam : vwap is the first target 🙂
10:22 Uttam : for a C side failed ext set up
10:22 Uttam : lets see if we get some greens at vwap if we get there
10:22 Ashwath : BNF premium also increasing
10:24 Aditya : so we buy on ib right?
10:24 Manish : No. we wait for Shai to call.
10:31 Ankush Jain : very low vols
10:31 Manish : Shai, pls raise the BN MP chart.
10:32 Himanshu : Chief – Pls adjust MP chart for BNF in room
10:33 Himanshu : UG- C – FA at 22420
10:33 Himanshu : Vol low – does it make PLR UP
10:33 Tejpreet : Uttam hows the bn 22500 monthly combo looking.
10:33 Himanshu : or we wait VWAP cross
10:34 Manish : Dosent FA confirm after we make ext on the other side?
10:36 Himanshu : Seems like CHOP CHOP both side till Vol expands
10:36 Manish : NF trade SL at PBH,10380?
10:38 Manish : PBL sorry.
10:39 Uttam : 5 more mins for C to get over
10:40 Manish : UG, FA confirms only if price extends to the other side?
10:40 Uttam : yes
10:41 Uttam : not seen the monthly charts yet Tej
10:41 Uttam : vwap is here in BNF
10:42 Uttam : (10:22) Uttam : vwap is the first target :)(10:22) Uttam : for a C side failed ext set up
10:43 Manish : so touching VWAP is first signs of C side FA?
10:43 Manish : or any FA for that matter?
10:44 Uttam : 95k and 1L in NF
10:44 Uttam : at new hgihs
10:44 Uttam : D side
10:44 Uttam : come on BNF
10:44 Boppanna : D moving things
10:44 Uttam : lets go
10:45 Uttam : 22575 next ref
10:46 Boppanna : Uttam Tej set his eyes on 22500 combo as well move coming
10:46 Shai : C done
10:46 Shai : https://mplite.vtrender.com/?symbol=NIFTY&tf=weekly&tpo=2&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=&rst=1&iam=
10:47 Manish : Chief, adjust the BNF MP charts in this room
10:47 Shai : Intra – shiort NF below 10865 sl of 10890 tgt 10830/ 10810
10:47 Uttam : spot did not make new highs in Nifty
10:48 Shai : RIL driving NF with minor supp from infy today
10:48 Shai : RIL has given 42% of the gains
10:48 Shai : hence BNF not interested’
10:49 Manish : cause no member of the BN group has any say in the rally?
10:49 Shai : 09:51) Shai : watch 10870- 878
10:49 Shai : showing supply
10:50 Shai : we activate below 865
10:50 Shai : hdfcbank is down balanced by icici and kotal- (10:49) Manish : cause no member of the BN group has any say in the rally?
10:50 Shai : so status quo in BNF
10:51 Aditya : @shai, Short triggered by the RS ?
10:51 Manish : 10864.55, valid for short
10:51 Manish : ?
10:51 Shai : short bellow those 0’s or below IBH
10:53 Manish : OK, see that.
10:56 Rajesh G : short in
10:56 Rahul : shorted
10:57 Shai : in
10:57 Manish : IS’s pending !!!
10:57 Uttam : 15k red in BNF at lows
10:57 Uttam : of this bar
10:57 Aditya : Shai, not getting the logic for the short here.
10:57 Uttam : will it get support?
10:59 Uttam : 0s at top plus pink band + big RS and NF at new highs with BNF not in sync so far but
10:59 Uttam : NF needs to stay inside IB now
10:59 Uttam : else can force those shorts to cover
10:59 Shai : logic explained at 10.41/ 42 ,s croll up
11:01 Aditya : Shai, can’t see any message from you regarding NF at 10.41/42
11:01 Uttam : (10:49) Shai : 09:51) Shai : watch 10870- 878(10:49) Shai : showing supply(10:50) Shai : we activate below 865
11:02 Sanjib : again 0s at top in this bar
11:03 Kannan : are zerodha charts lagging for anyone else?
11:04 Manish : 0 at top or bottom end not as strong as in the middle of the bar. Or am i wrong?
11:05 Manish : 10:45 & 11:00 NF bar showing same 0’s at top. Any reading here?
11:05 Rajesh G : ug for weekly composite we take last five days or friday to thursday
11:06 Uttam : BNFFFF
11:06 Shai : 849
11:06 Uttam : 22500pe from 388 to 450
11:07 Shai : that was a 200 point 1 min bar in BNF- (11:06) Uttam : BNFFFF
11:07 Uttam : 🙂
11:07 Shai : congrats
11:07 Shai : Awesome
11:07 Uttam : thanks Shai 🙂 _/\_
11:07 Govind : Congo UG, got that volume u were looking for 🙂
11:07 Uttam : rejection at VWAP set up that short
11:07 Sanjib : great trade, Shai!
11:07 Uttam : holding 50%
11:08 Jitender : +1
11:08 Boppanna : +1 Shai
11:08 Shai : +1
11:08 Manish : Nice one UG, rejection at VWAP set up the trade.
11:08 Jitender : (11:08) Jitender : the C period rule told in learnings channel C period if retracement back into B is not sustained can give move in its direction on trend days
11:08 Jitender : C just went 3 tpo into B
11:09 Uttam : rest out at 492
11:09 Shai : +1]
11:09 Shai : easy trades
11:09 Uttam : BNF going for 22080
11:09 Jitender : absolutely Shai
11:09 Jitender : lovely setup
11:09 Favas : 22520 to 22320 done
11:09 Jitender : & UG milked it
11:09 Shai : Ab aa gaye late latif sellers also
11:09 Jitender : 🙂
11:10 Uttam : the set up rock guys
11:10 Uttam : just we need to apply them well
11:10 Shai : tgt 2 done- book full- 10:47) Shai : Intra – shiort NF below 10865 sl of 10890 tgt 10830/ 10810
11:10 Uttam : all out
11:10 Sanjib : +1 Shai
11:10 K2dt : wwow superb trade
11:10 Uttam : 10800pe from 69-80
11:10 Uttam : entered late in NF as was in BNF 😉
11:10 Irfan : THANK YOU
11:11 Rahul : NF done nicely
11:11 Sanjiv : Shai, what’s the day bias now? Lower?
11:11 Rahul : Late wala bhi pakada ,,, thanks to shai msg
11:12 Shai : speedo on C ext was at 78 , so one more clue that volume was not there- (09:51) Shai : Any breakout from here needs higher volumes, so watch the speedo
11:12 K2dt : 1.65lac buy at lows
11:12 Uttam : D is all over the place in NF
11:12 Nirmal : speedo i cant see in screen
11:13 Sanjib : NF just stalled – maybe too shocked -;
11:13 Vishnu : shai bnf forv22060?
11:14 Shai : look for speedo abv 120 if 10810 breaks
11:14 Shai : we should go 10750
11:16 Shai : speedo in the 5 min charts extended versions
11:16 Ketan : +1 shai for the 10865 sell call. superb.
11:16 Uttam : 22240 holding for now
11:16 Uttam : but if goes again next stop 22080-00
11:16 Shai : _/\_
11:17 Uttam : hope today is a good learning example – (10:57) Aditya : Shai, not getting the logic for the short here.
11:17 Rahul : indeed
11:18 Aditya : Still trying to figure out the reference for 10870-78. Was it a prior level?
11:19 Shai : no open type algo based on speedometer readings of the past
11:19 Shai : (09:51) Shai : 10810 supp for the open\(09:51) Shai : watch 10870- 878
11:19 Shai : in the range still
11:19 Shai : infact Hi and lows
11:19 Aditya : Superb reading
11:20 Rahul : Yes Shai
11:20 Aditya : Salute Shai !!
11:21 Uttam : awesome trade Favas – (11:09) Favas : 22520 to 22320 done
11:22 Jitender : congo F n guys
11:22 Uttam : BNF had made lower Value on Fridayt also
11:22 Uttam : so when morning 22575 again got RS
11:22 Uttam : PLR was down in it
11:22 Uttam : A period singles
11:22 Shai : ++- (11:09) Favas : 22520 to 22320 done
11:22 Uttam : C side did give a false BO but VWAP was defended & we got a 2 IB
11:23 Shai : BNF 0’s at 22450 now heavy suopoly for day
11:23 Uttam : yes polarity change
11:23 Uttam : 22400 was holding on Friday
11:23 Uttam : that becomes supply now
11:23 Uttam : ext handle at 22430
11:23 Shai : shoukd do 22065 with sl abv 22470
11:23 Jitender : guys pls remember Most imp…all abv are probabilities, not cast in stone. Use info with context to have an r/r edge
11:23 Uttam : +100 Jit
11:24 Jitender : so if setup wrks..u earn
11:24 Uttam : that is why Shai calls us Discretionary Rule based traders
11:24 Jitender : else SL is yr best friend
11:24 Jitender : pls dont waste capital…rather incrs yr edge
11:25 Jitender : end of gyaan 🙂
11:25 Uttam : _/\_
11:25 Uttam : invaluable gyan Jit 🙂 as always
11:25 Jitender : _/\_
11:25 Vishnu : +100 jit
11:25 Rajan : +100 Jit
11:26 Favas : tnx ug &shai
11:26 K2dt : keep on pouring gyaan Jit 🙂
11:26 Favas : +1 jit
11:32 Jitender : Aditya u clr on tis ? (11:18) Aditya : Still trying to figure out the reference for 10870-78. Was it a prior level?
11:34 Prashant : Not clear to me either. At that time, there was clearly more buying pressure as seen diagonally in the ftprint below
11:36 Aditya : @Jit nope
11:36 Jitender : (10:49) Shai : 09:51) Shai : watch 10870- 878(10:49) Shai : showing supply(10:50) Shai : we activate below 865(10:51) Shai : short bellow those 0’s or below IBH
11:37 Jitender : go thru tis..just gv me a min..willl explain
11:37 Aditya : What i understand was that there was lack of volume at the top.
11:37 Aditya : which meant low commitment
11:37 Aditya : So market was top heavy and needed to shed some weight
11:37 Aditya : hi what i understood is the d period did not break initial balance at d period ant than at 10870 levels there awas a supply with 0s at the top and pink band nd also rs
11:38 Aditya : i mean it didi not break d period with high volume
11:39 Aditya : Folks, there are 2 different Aditya’s expressing views.
11:39 Aditya : 🙂
11:40 Aditya : ya is der a way one of us can change our user name to avoid confusion
11:40 Sanjib : lol
11:40 Shai : 10810 to watch for downsides
11:41 Favas : jit 22320 still valid?
11:43 Uttam : yes Aditya(s) you can change your name – please mail to support@vtrender.com with your desired new name for the room
11:43 Favas : abv 22320 plr neutral?
11:43 Uttam : new lows coming?
11:44 Uttam : F
11:44 Aditya : ok
11:44 Aditya : thnks
11:45 Aditya : @Aditya, I will request change of my handle to match my Slack one.
11:45 Aditya : ok bro
11:46 Shai : logoff and log back in – should be resolved
11:46 Uttam : super Shai 🙂
11:46 Uttam : instant
11:47 Aditya : Thanks Shai
11:47 Shai : 10800 call shoukd droip to 85 now
11:47 Uttam : BNF leading – (11:43) Uttam : new lows coming?
11:47 Shai : sl abv 130
11:47 Favas : +1 ug
11:47 Manish : Can i do same? Change my name here to reflect the Slack one? PLEASE Chief?
11:48 Uttam : NF follows
11:48 Uttam : back in prev day range
11:48 Rahul : 75 green
11:48 Uttam : right at PDH
11:51 K2dt : that too with a green band UG
11:53 Uttam : below 10794 is another probable big move down
11:53 Jitender : Sorry..guys had to go offline fr kids presentation
11:53 Uttam : previous week’s Value
11:54 Shai : BNF dragging this lower by the nose
11:54 Shai : BNF needs 120 points lower still
11:54 Jitender : so Adi & prashant…see Shai had identified supply zone..abv IbH….the OF confirmed supply.. tere…but fr edge to come n incr r/r…he said take trade below IbH..and )’s tere
11:55 Jitender : 0’s
11:55 Shai : ++
11:55 Aditya06 : +1
11:55 Jitender : and every trade is probab
11:55 Jitender : so he gave a SL
11:55 Aditya06 : yes of course!!
11:56 Jitender : setup wprked and quickly coz of supply causing later buyers to liquidate
11:56 Jitender : will it happen everytime….nuthn does
11:56 Prashant : Ok. Where was that supply zone coming from?
11:56 Jitender : so tats why the edge is to incr yr winners to 70%
11:56 Jitender : n confine yr losers to 30% or less than wiunners
11:57 Jitender : tats hw u trade
11:57 Aditya06 : I think its important to look at volumes at reference levels
11:57 Jitender : so everytime he gives a call..its in a context
11:57 Jitender : just trade keepn probability in mind & r/r ratio
11:58 Aditya06 : Thanks @Jit
11:58 Jitender : if u forget n get excited…u will loose money
11:58 Gopi : +1 jit
11:58 Jitender : VT is designed to give u extra edge and better understanding of mkt internals
11:59 Jitender : but F1/F2 is yrs and learn to fish 🙂
11:59 Boppanna : +100 Jit will be just chasing prices if trading without context
11:59 Boppanna : for 1 hit and 10 misses
11:59 Jitender : hope the prespectv is clear…pls repeat it in yr mind every morn
11:59 Jitender : ys B
12:01 Jitender : P..go thru Shai’s teets on weekend….and see vol profile charts on mplite for this….u will get it (11:56) Prashant : Ok. Where was that supply zone coming from?
12:01 Jitender : tweets
12:03 Jitender : rest if Shai or Uttam want to add anythn
12:04 Manish : One confusion. While the rules for IB, IS, RB & RS are defined, still IS & RB overlap as do RS & IB.
12:04 Jitender : Manish there cannot be a single player in mkt..rite
12:04 Jitender : tere are several with diff TF and objectives
12:04 Manish : rite.
12:05 Jitender : and each are creating demand or supply
12:05 Jitender : so we use combo of factors to arrive at an conclusion for pressing F1 or F2…ie trade
12:05 Jitender : so if all align..u trade 🙂
12:05 Jitender : or all planets align u get eclipse..rite
12:06 Jitender : so if my setup confirms all rules..i trade
12:06 Manish : OK. Another catch for RB & RS is that they have to confirm via a follow through?
12:06 Jitender : both as per Shai..closure of old business
12:06 Jitender : ie somebody booking / closn out positions
12:07 Jitender : IB n IS are fresh drivers
12:07 Jitender : even then tere is a 30% chance of SL being hit …always remeber this (12:05) Jitender : so if all align..u trade 🙂
12:07 Manish : guess now they will break lower, both
12:08 Jitender : srry guys..had sum time on hand…so all abv..hope u guys can benefit from it
12:08 Manish : Yes Jit, all is a prob, i understand that well
12:08 Govind : This should be archived, IMO
12:10 Manish : Fryday’s Shai’s comment should be archived, “here comes a chaser, … and now they want to defend”. That was as classic as can get.
12:11 KK : Shai, that 22K red at lows not giving way for our 22080 ?
12:13 Manish : a general hypo here would be, “if buyers flood in, should attempt VWAP”?
12:15 KK : If it goes above IBL in NF, then RB in BNF may help
12:19 Maxis : Thanks Chief.
12:20 Maxis : Maxis, read as Manish. TY!
12:20 Jitender : yes (11:41) Favas : jit 22320 still valid?
12:21 Jitender : fryday had said (14:21) Jitender : 22080
12:21 Jitender : 22143 low 🙂
12:22 Favas : +1 jit
12:23 Saheer : superb and explained in very simple way, thanks a ton Jit, 🙂
12:23 Jitender : wc ji
12:24 Saheer : key takeaways – edge, SL, context
12:26 Jitender : n probability 🙂
12:26 Saheer : yes thanks
12:27 Maxis : context it the edge, rest is probability, IMO.
12:27 Maxis : Run up to VWAP?
12:28 Uttam : NF narrowly misses the 1.5 IB ext of 10802
12:28 Maxis : or Yest low
12:28 Uttam : needs to get back & stay in IB
12:28 Uttam : for VWAP test
12:29 Maxis : getting there.
12:29 Uttam : poor lows in BNF indicating exhaustion
12:29 Uttam : late sellers gonna get hit
12:29 Rahul : O\000
12:30 Uttam : not hitting the 1.5 IB target inspite of staying below IBL is a clue – (12:28) Uttam : NF narrowly misses the 1.5 IB ext of 10802
12:33 Vishnu : NF FA confirmed ug?
12:34 Favas : so jit abv 22320 will go neutral,below 22140 short with st pbh,inbetween no trade
12:34 Uttam : Spot did not make any RE Vishnu so avoiding this FA
12:35 Favas : for better RR
12:36 Uttam : (12:28) Uttam : NF narrowly misses the 1.5 IB ext of 10802(12:29) Uttam : poor lows in BNF indicating exhaustion
12:37 Uttam : NF tags VWAP
12:40 Jitender : 320 can be a first touch resis if we reach tere
12:41 Uttam : pullback done?
12:41 K2dt : looks like UG
12:41 Jitender : ys below 21140…theese uyrs can be forced to flee if pedal is pressed
12:42 Uttam : nice DD forming in BNF
12:42 Uttam : bell so far in NF
12:42 Uttam : is it also going for a DD?
12:43 Shai : Anyone shortsed at vwap in NF?
12:43 Ankush Jain : yes
12:43 Rajesh : i have
12:44 Shai : book at 10804
12:44 Sylvester : Any specific setups for DD type? @Uttam
12:44 Shai : was an easy 1
12:44 Shai : H begins
12:44 Amit : china something negatiive
12:44 Shai : we have movement if it goes below 10800
12:44 Uttam : hammer time 😉
12:45 Ketan : +1 shai
12:48 Favas : thx jit
12:53 Aditya : so sir for fresh shorts below 800 if break with good speed meter?
12:56 Boppanna : BNF does Shai’s 22060
12:56 Ankush Jain : as UG would say: doom doom
12:56 Uttam : 22500pe from 555 to 595
12:56 Shai : yes\
12:56 Sachith : 22080 done bnf… fantastic Shai
12:57 Uttam : 10800pe from 90-98
12:57 Shai : 10825 sl for thiose shorts
12:57 Uttam : 22080 here
12:57 Shai : BNF delayed the move- now with tax I want 21930 🙂
12:57 Uttam : next 22000
12:57 Uttam : 🙂
12:58 Shai : (11:23) Shai : BNF 0’s at 22450 now heavy suopoly for day(11:23) Shai : shoukd do 22065 with sl abv 22470
12:58 Shai : tgt revised to 21930
12:58 Favas : +1 shai
12:58 Shai : NF for 10750
12:58 Shai : stay in short
12:58 Jitender : done 🙂 (12:21) Jitender : fryday had said (14:21) Jitender : 22080
12:58 Uttam : yes NF playing 80% in weekly Value
12:58 Ankush Jain : 1.24 lk buyer in NF
12:59 Uttam : 10765 – 732 – 10716 coming?
12:59 Shai : 112 to 91- (11:47) Shai : 10800 call shoukd droip to 85 now
12:59 Maxis : VWAP trade in NF was a nice cheeky one.
12:59 K2dt : +100 chief
12:59 Ankush Jain : shai waht is the signifigance of this 1.24 lk buyer
12:59 Uttam : VWAP rejection in NF gave fresh short
13:00 Maxis : OK. TY UG.
13:00 Favas : yes jit:)
13:01 Ketan : +1 jit
13:02 Uttam : this was a 30 seconds trade – (12:57) Uttam : 10800pe from 90-98
13:02 Boppanna : Congts Uttam
13:02 Shai : ++
13:02 Uttam : _/\_
13:02 Ankush Jain : charts stalled?
13:02 K2dt : ditto trade UG..89.99 10800 pe…congrats
13:03 K2dt : 89-99*
13:03 Uttam : congo Kushal +100
13:03 K2dt : thnx UG
13:03 Uttam : remember that 10785 bguys?
13:03 Rahul : room charts
13:03 Shai : book shorts
13:03 Uttam : pbh was right there on Friday
13:03 Uttam : Monday high too
13:03 Uttam : Markets have memory
13:06 K2dt : +100 UG
13:06 Uttam : lets see if H period leaves singles at lows or I gives lower low
13:07 Uttam : 7 more mins for H
13:10 Uttam : 22210 ref in BNF on upside
13:12 Boppanna : H leaving a tail
13:13 Uttam : whats the plan Bops 😉
13:14 Boppanna : 22400 check if H low holds till EOD
13:14 Uttam : 22210 you need to take out then
13:15 Uttam : till below it BNF looks weak
13:17 Boppanna : +1 Uttam no trigger for a buy yet except for that 32K at the bottom
13:21 Rajesh G : shai , there is big writing in 10800put, what level they will panick
13:22 Shai : they are hedged with 10800 ce
13:22 Shai : don’t se ethem panicking today
13:22 Uttam : 10800ce OI rising
13:22 Uttam : 27L now
13:23 Ankush Jain : friday it was big writing at 10800 ce
13:24 Shai : looki9ng to sell below 10790 ahain for 10755 sl of 10812
13:25 Uttam : that 10800ce taking sup at Friday’s VWAP
13:25 Uttam : if that goes those writers can puke
13:25 Uttam : 10800pe on for 110 if NF breaks 10790
13:28 Uttam : BNF to form bell from DD?
13:29 Uttam : 22210 & 22265 on watch
13:30 Uttam : NF gone
13:30 Boppanna : BNF as well tail eaten
13:30 Uttam : BNF to foolow suit?
13:30 Uttam : reverse auction? – a) NF needs to stay above 10772 for a rise to 10792-823 / 10847-868 & 10909-914
13:31 Shai : 10773 half out- (13:24) Shai : looki9ng to sell below 10790 ahain for 10755 sl of 10812
13:31 Uttam : +1
13:31 Tejpreet : +1
13:31 Rajan : Uttam – 80% rule into play in NF??
13:31 Shai : holding some 10800 pe fro 121/ 128
13:32 Boppanna : Tej u got in that monthly 22500combo?
13:32 Tejpreet : no bops had to step out around d and e period and buy then game had changed 🙂
13:33 Boppanna : ok cool thats was good pick
13:34 Uttam : (12:59) Uttam : 10765 – 732 – 10716 coming?
13:35 Uttam : 108 high so far – (13:25) Uttam : 10800pe on for 110 if NF breaks 10790
13:35 K2dt : speedometer still not going above 100
13:35 K2dt : NF
13:39 Rahul : UG m fine with 10715 😉
13:44 Shai : 3IB toh banta hain Uttam !!
13:44 Shai : FA today
13:44 Uttam : 🙂
13:45 K2dt : more downside below 777 chief?
13:45 Amit : what is 3ib level
13:45 Shai : 10740 expected
13:45 Uttam : but so much time left so NF planning it accordingly
13:45 K2dt : +1
13:45 Shai : volume is sketchy hence
13:46 Uttam : 110 here in that 10800pe
13:46 Uttam : 130 nexrt if 10740 coming
13:46 Shai : if**?
13:46 Uttam : 121 minor level
13:46 Shai : 🙂
13:46 Uttam : _/\_
13:46 Uttam : 🙂
13:47 Shai : exit orders palced at 128 in the 10800 pe
13:47 Shai : no ifs please
13:47 Uttam : awesome Shai
13:47 Maxis : @Amit 3IB is IB X 3 times. PLease study training library throughly.
13:48 Amit : i was looking at 3ib level.
13:48 Maxis : U guys playing those levels already???
13:49 Shai : thios was easy trade – (13:24) Shai : looki9ng to sell below 10790 ahain for 10755 sl of 10812
13:49 Uttam : +1
13:49 Uttam : 80% Rule
13:49 Ketan : +1 shai
13:49 Uttam : ob weekly Vaule
13:50 Shai : tgt revised to 10740
13:50 Shai : 10810 SL for rest of the dayt till clsoe
13:50 Uttam : any plans for 10715 also Shai?
13:50 Uttam : @Tej you getting your 660 in BNF today?
13:50 Shai : looking to short in NF anything which comes near 10800-810 with sl abv vwap
13:51 Uttam : 22000 tag will be nice
13:51 Uttam : will set up the week nicely based on what happens there
13:51 Uttam : whcih means new lows post 2:15
13:53 Uttam : doom doom
13:54 Uttam : weekly POC tag doen in NF
13:54 Uttam : 10752
13:54 Rahul : yeah
13:54 Tejpreet : finally dt done
13:54 Ketan : +1 uttam
13:54 Uttam : 22028 – Tej 28 more please
13:54 Uttam : (13:50) Uttam : @Tej you getting your 660 in BNF today?(13:51) Uttam : 22000 tag will be nice
13:54 Avinash : Congo Tej
13:54 Tejpreet : Allm
13:55 Tejpreet : yours Uttam you running the show 😉
13:55 Uttam : _/\_ no ways I just try to listen what BNF wants to say 🙂
13:56 Shai : 10700 pe just opened up 90 plus
13:56 Shai : this will be wild in close I think below 10740
13:56 Shai : let K do the work now
13:56 Ankush Jain : killer
13:58 Maxis : 3ib done in BNF?
13:59 Vishnu : booked 1.8 dt and waiting the balance postion for the Killer move
13:59 Uttam : yes Maxis
13:59 Uttam : 22026
13:59 Uttam : it was
13:59 Vishnu : 3 Ib bnf did
14:01 Uttam : 10731 is the 1ATR in NF from today’s FA
14:02 Shai : +1
14:03 Shai : And 2ATR?
14:03 Vishnu : +1 ug
14:03 Uttam : 10583
14:03 Shai : perfect
14:03 Uttam : weekly HVN we have at 10570
14:03 Shai : 10596 will be great
14:03 Uttam : +1
14:04 Shai : Keep a put handy guys
14:04 Shai : below 10740 we open up
14:05 Vishnu : and bnf any point w.rto nifty shai
14:05 Rahul : Seems sellerr tired now
14:05 Shai : I felt earlier 21930 was doable on that )’s we saw
14:07 Uttam : 119.9 hilgh so far – (13:46) Uttam : 130 nexrt if 10740 coming(13:46) Uttam : 121 minor level
14:08 Uttam : lets see what K has in store
14:09 Uttam : BNF can it do a triple from a double 😉
14:10 Vishnu : 22001 weekly FA point in Bnf
14:11 Shai : 10785 sl for those holding longs- 3 misn to K
14:12 Shai : 2 now
14:12 Shai : holding shorts **
14:15 Shai : Aggressive short in NF 10780 sl of 10795 tgt 10732
14:15 Maxis : Chief, 9 cot’s in BN vs 7 in nf. any reason?
14:16 Uttam : new low post 2:15 to banta hai 🙂
14:16 Uttam : bring it on Shai
14:17 Shai : ?- (14:15) Maxis : Chief, 9 cot’s in BN vs 7 in nf. any reason?
14:17 Uttam : number of 5 min bars
14:17 Sanjib : 21825 sitting right at top BNF
14:17 Shai : +1
14:18 Maxis : i meant 9 readings of COT in BN vs only 7 readings in NF. 2 less candles in NF i the 5 mins charts.
14:18 Shai : keep sl tight at 10795, this is an aggressive trade
14:18 Shai : needs red COT for a fresh low
14:18 Uttam : +1
14:18 Shai : so far some bookings coming for the morning shorts
14:19 Uttam : NF got a RS right at 10785
14:19 Uttam : now lets get a IS 😉
14:20 Uttam : to cap up a beautiful Monday 😉
14:20 Maxis : nice trade call chief. VPOC right at top
14:20 Aditya : here it comes
14:21 Maxis : UG, how often do u miss your “Trading Wishes”?
14:24 Sreedhar : Quant table on top left needs adjustments?
14:24 Rahul : seller missing ?
14:25 Uttam : give me red 😉
14:31 Uttam : dPOC shifted to 22180 in BNF
14:32 Aditya : charts slow or jst with me?
14:33 Maxis : Markets slow i guess
14:35 Uttam : K handing over the baton to L?
14:37 Shai : exit 10771- (14:15) Shai : Aggressive short in NF 10780 sl of 10795 tgt 10732
14:39 Seshadri : do u tink shai we will close in 10750-10800 NF range
14:39 Uttam : short covring
14:39 Uttam : timely exit Shai +100
14:39 Avinash : What an exit Shai
14:39 Tejpreet : WHAT TIMING
14:39 Sylvester : Excellent exit Shai
14:40 Rahul : timimg
14:40 Uttam : going to 10834 NF?
14:40 Indarpal : pew not only exited bought ce 10700 at 136 & sold at 150
14:40 Prashant : What was the hint for the exit? Super.
14:41 Uttam : no new reds
14:41 Shai : IB and COT both did not show sell intent
14:41 Uttam : 22243 stalling in BNF
14:42 Uttam : if that goes xan tag VWAP
14:42 Uttam : and bove VWAP Bops 22400 also could come
14:42 Shai : it will take some time, for some of you, but eventually you will be able to make these decisions off the charts
14:42 Uttam : lok at COT in both now
14:42 Uttam : 70K & 76K
14:42 Shai : All in the charts here-
14:43 Sreedhar : Excellent exit Shai
14:43 Uttam : BNFFfff
14:43 Aditya : big cot shud we buy
14:43 Uttam : take it in context of auction Aditya
14:43 Uttam : (14:40) Uttam : going to 10834 NF?
14:44 Aditya : but that day you said na 1l cot is blind buy
14:44 Uttam : not after you have had a 3 IB down day with Value lower 🙂
14:44 Uttam : but yes here also it is showing big covering of shoerts
14:44 Uttam : so the move to 10834 is still on
14:44 Uttam : because of that COT
14:45 Uttam : same with BNF
14:45 Uttam : going for VWAP tag and if COT remains positive can do 22400
14:45 Uttam : NF stopping at PDH
14:46 Uttam : 33k red there
14:46 Uttam : biggest red in sometime
14:47 Uttam : boom boom
14:47 Uttam : BNF near vwap
14:48 Uttam : 10795 & 10770 imp levels in NF now
14:49 Uttam : 22100 in BNF immediate suport
14:49 Sachith : bnf struggling close to 22240 second time around?
14:49 Uttam : 22210*
14:52 Vishnu : https://vtrender.slack.com/archives/C0F2VRTPW/p1594631834011300.
14:52 Vishnu : day satisfied with more that 2 dt
14:52 Uttam : (14:45) Uttam : NF stopping at PDH(14:46) Uttam : 33k red there(14:46) Uttam : biggest red in sometime
14:56 Avinash : +1 Vishnu
14:57 Uttam : congrats Vishnu +1
14:58 Sreedhar : Cong Vishnu
14:58 Sreedhar : .5 So far hamara
15:02 Vishnu : congo
15:02 Vishnu : thanks all
15:06 Rajesh G : can we sell straddle nf
15:06 Rajesh G : shai
15:07 Shai : 10700- 10900 for tom open only
15:07 Shai : can do 10800 ce pe also
15:08 Rajesh G : ok thanks
15:08 Vishnu : sell strangle shai?
15:08 Shai : take it one day at a time and this is not for thurs
15:08 Shai : This profile is too well balanced now and a burst can come anytime
15:08 Vishnu : +1
15:09 Shai : today highs were tested but luckily no vol expansion happened and it came back to balance
15:09 Shai : if it expands it will be a gast 150 point move, one of these days
15:10 Shai : 10700 pe- 10900 ce- https://mplite.vtrender.com/?symbol=O_NIFTY10700PE20200716_NIFTY10900CE20200716&tf=daily&tpo=1&ivp=1&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
15:10 Shai : 127 sl for tom
15:13 Shai : tgt 60/ 40
15:16 Uttam : huffing & puffing some how getting there looks like – (14:40) Uttam : going to 10834 NF?
15:16 Uttam : 10795 went but 10770 holding on
15:16 Uttam : (14:48) Uttam : 10795 & 10770 imp levels in NF now
15:17 Shai : +1
15:17 Uttam : je baat – vwap is here in NF
15:17 Uttam : IBL also around
15:18 Uttam : 50k green does flag hoisting at top 😉
15:18 Uttam : another 1L COT coming in NF?
15:18 Uttam : 93k
15:19 Uttam : so balanced profile in NF with higher Value inspite of almost 3 IB down
15:20 Uttam : BNF DD in range so good chance of 22400 test coming tom once
15:20 Tejpreet : Get bn to do some hard work tomorrow and we let’s print 11k tomorrow
15:20 Uttam : Shai said 150 & you doubling that Tej 😉
15:20 Boppanna : Unless BNF turns around Shai will grind the straddle/strangle down
15:21 Tejpreet : just 180 odd needed for 11k
15:21 Uttam : oh yes I mistook for 11100 😉
15:22 Ankush Jain : This is a Neutral Day?
15:22 Uttam : yes Neutral Centre in NF
15:22 Uttam : DD down in BNF
15:22 Ankush Jain : recognising
15:22 Ankush Jain : 🙂
15:22 Uttam : +100
15:22 Uttam : very nice going Ankush
15:22 Vishnu : take nf to 11k and bnf to 23.5k
15:23 Uttam : 24264 I want Vishnu bhagwan ;-p
15:23 Uttam : if you not breakin that 22000
15:23 Tejpreet : Hmm everyone getting on same bus 🙂
15:23 Vishnu : i woont break that 22k
15:23 Uttam : lol Tej
15:24 Vishnu : :))) tej
15:25 Shai : hdfcbank dragged BNF today
15:25 Uttam : NF dPOC shifting lower to 10810
15:25 Shai : minor supp is there in hdfcbank at 1075 for this week
15:25 Vishnu : and we made money. thanks hdfcbank shaii
15:25 Uttam : perfect Neutral Centre to start the week & a nice Gaussian profile
15:26 Shai : +1
15:26 Shai : just saying that as long as 1075 holds, BNF may not drop much tom
15:26 Uttam : yes Shai BNF needs some fuel
15:26 Vishnu : yes +1 shai
15:26 Uttam : lets see when it gets
15:26 Uttam : and if it gets can be a big mover this week
15:27 Uttam : has good ground to cover
15:27 Shai : RIL at 1946 supply
15:27 Shai : wonder what will keep NF up now
15:27 Uttam : biocon not in N50?
15:27 Uttam : ;-p
15:27 Giridhar Gowravajhal : pharma?
15:27 Amit : RIL HUL
15:27 Sreedhar : Sundar Pichai Shai..
15:27 Shai : itc also
15:28 Sreedhar : : )
15:28 Rahul : then again reliance only. lol
15:28 Vishnu : itc upper lao shai. holds 21k my biggest bet
15:28 Saurabh rohatgi : Bell in NF and DD in bknf
15:29 Shai : Bye all
15:29 Saurabh rohatgi : tomorrow interesting
15:29 Vishnu : bye
15:29 Shai : hope everyone had a good session today
15:29 Sreedhar : Bye All
15:29 Aditya : bye
15:29 Shai : tc all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : catch up tom
15:29 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all
15:29 Manikandan : Bye all
15:29 Saurabh rohatgi : bye all
15:29 Avinash : Bye everyone
15:29 Tejpreet : Bye All
15:29 Aditya : yes very good day
15:29 Rajesh G : thanks shai
15:29 Ashok82 null : Tq_/\_


09:47 Uttam : a) NF needs to stay above 10772 for a rise to 10792-823 / 10847-868 & 10909-914
09:47 Uttam : b) The auction below 10757 can test lower levels of 10732-716 / 10686-657 & 10637
09:47 Uttam : a) BNF needs to sustain above 22469 for a rise to 22540-572 / 22614-675 / 22740-755 / 22810-862 & 22922-980
09:47 Uttam : b) The auction accepting below 22400 could test 22308-240* / 22141 / 22098-080* / 22000 & 21939
09:52 Shai : (09:50) Shai : 10878 ref line for the higher open(09:51) Shai : openj at the edge of the composite balance(09:51) Shai : Any breakout from here needs higher volumes, so watch the speedo(09:51) Shai : 10810 supp for the open\(09:51) Shai : watch 10870- 878
09:54 Shai : (09:53) Shai : 22870 higher res for day in BNF(09:54) Shai : 22400 supp below which it can drop to 22060