Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
BNF
Room Chat
09:29 Shai : (09:29) Shai : Update – Cover the 11800 ce at 80 here. We will buy it later.
09:31 Shai : (09:31) Shai : Intra – Short NF near 11895 sl of 11925 tgt 11854
09:49 Shai : Book the NF short at 11880
10:30 Shai : (10:30) Shai : Intra – Buy 11800 cal againat 51 sl of 26 tgt 89.
11:12 Shai : (11:12) Shai : Make exits in the 11800 call at 41 cmp
11:30 Shai : (11:30) Shai : Intra – short BNF near 30710 sl of 30815 tgt 30600/ 30512. short higher . cmp 30690
12:49 Shai : (12:48) Shai : Intra – exit the BNF shorts at cost 30710 here .
13:34 Shai : (13:34) Shai : Intra – Buy BNF 30810 sl of 30710 tgt 30956.
13:55 Shai : (13:55) Shai : BNF 30875. Book half here
14:02 Shai : (14:02) Shai : Book profits in the BNF longs in F
(14:02) Shai : 30900
14:05 Shai : (14:05) Shai : INtra – Buy 30900 ce at 28 sl of 0. Expiry trade with full risk. TGt 129.
14:14 Shai : (14:14) Shai : BTST- BUY NF 11916 sl of 11860 tgt 12000.
14:17 Shai : (14:16) Shai : 30900 ce at 75 ++++
(14:16) Shai : Book fully
14:48 Shai : (14:48) Shai : Update- clsose the NF BTST at cost here. we won;t carry
09:00 Sujeet : Gm all
09:00 Chetan Panchal : gm
09:01 Yogesh : GM….ALL
09:01 AN : Good Morning all..
09:02 Himanshu : good morning
09:03 Vtrender Live : option charts – https://join.me/329-183-681
09:05 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/581805397
09:06 Uttam : Good Morning All 🙂
09:06 Shai : GM all
09:07 Shai : https://vtrender.in/market-profile-analysis-dated-12th-june/
09:07 Deepak : gm
09:07 Sujeet : gap down
09:07 Sujeet : didnt expect
09:09 Bhupinder : Good Morning
09:09 Anubhav null : gm
09:10 Himanshu : repairing yday poor lows I guess..
09:12 Sumesh null : global markets down
09:12 Kandhasamy : GM TO ALL
09:14 Amjad : gm all
09:14 Kiran : Good Morning….
09:17 Rajan : Good Morning
09:18 Gaurav : What was the SL for the 11800 Ce carrried from yesterday?
09:18 Gaurav : 60
09:18 Chetan Panchal : y
09:18 Amit : yes sl of 60 tgt 138/158
09:18 Uttam : https://vtrender.slack.com/archives/G0GGJSPBL/p1560331940010400
09:18 Shai : hold it
09:20 Gaurav : Thanks
09:23 TP : GM All.
09:23 Uttam : hey Tej glad to have you back in the room 🙂
09:23 Uttam : ORR in both shaping up looks like?
09:24 Sujeet : Cot is mild negatve nly..so bounce still possble
09:24 TP : tks Uttam , am glad to be back at the desk 😉
09:24 Suyog : gm all..
09:24 Chetan Panchal : Openin outside YVA and entering it.
09:24 Narendra : 11800CE 72.30 to 85.90 ….. Now No Trade till 2 pm ……will trade if anything comes in last hour….. Thanks Shai Sir
09:25 Shubro : gap rejectd Uttam?
09:27 Uttam : both need to get above yPOC & sustain
09:27 Uttam : for now both rejected new lows
09:27 Uttam : back below PDL will be weak
09:28 Anubhav null : hmm
09:29 Shai : Update – Cover the 11800 ce at 80 here. We will buy it later.
09:30 Uttam : Tej / Shai 11850 at 50 good bet for expiry?
09:31 Shai : Intra – Short NF near 11895 sl of 11925 tgt 11854
09:31 Uttam : expecting at least 75-80
09:32 Shai : may want to check that print at 11855 at this open
09:32 Shai : also is a vpoc there
09:33 Shai : BNF losing it also
09:35 Chetan Panchal : a mechanical low in oepning
09:35 Lakshay : vpoc at 11884
09:35 Boppanna : BNF b) hypo clean trade
09:38 TP : Uttam still checking old notes , need to get the pulse of the market , clueless as of now ……(09:30) Uttam : Tej / Shai 11850 at 50 good bet for expiry?.
09:39 Shai : BNF losing momentum
09:39 Uttam : no issues Tej 🙂 take your time
09:39 Uttam : Shai no vols in NF belwow 11880?
09:39 Shai : no
09:39 Sujeet : 1below 1855 gonna be 11670?
09:40 Shai : 30640 agtresive tgts in BNF at this open
09:40 Uttam : thanks Shai
09:41 Shai : breakingf below b is bearish now
09:41 Shai : with supply at 31000 of the b profile
09:46 Uttam : Spot confirming weekly FA at 12k
09:46 Uttam : 11725 1atr
09:47 Uttam : needs to stay below 11872 spot
09:48 Kiran : what is weekly FA?
09:48 Uttam : failed auctiomn
09:48 Kiran : ok..
09:48 Shai : Book the NF short at 11880
09:50 Sujeet : gt fr 11884
09:50 Shai : complex start in NF – still holding pdl
09:50 Shai : BNF way below pdl
09:51 Chetan Panchal : 10425 red box ..indicates anyting inNf
09:53 Boppanna : BNF low so far 785 b)Immediate support in at 30975-950 below which it could test 30900 / 30866-818 & 30776-755
09:54 Sujeet : falling now
09:55 Deepak : NF @ PDL
09:57 Jitender : dont u love theese in trend openings….
09:57 Jitender : 31.1pe 132-223
09:58 Anubhav null : damn
09:58 Jitender : oops 232-323
09:58 Boppanna : Nice JIt
09:59 Uttam : Bops BNF low 30776
09:59 Jitender : tx
09:59 AN : congrats Jit.
09:59 Jitender : +1
09:59 Govind : 11870 gone
10:00 Sujeet : wish we had hold
10:00 Jitender : pnb declared 25k of fresh bad loans
10:00 Jitender : BC….wat a scam
10:00 Jitender : 30.8 pe 88-135
10:01 Uttam : 11860 is a hvn in NF
10:01 Uttam : if sustains below 11855 more downside
10:01 Uttam : ORR has failed
10:01 Boppanna : 30.8pe 45-130 b hypo +100 Uttam
10:01 Uttam : super trade Bops +100
10:02 Jitender : congo BoP
10:03 Jitender : 69pe at 175 Maruuuti…@uttam
10:05 Sujeet : 30700 put i bookd
10:05 Sujeet : any rise wl be sold off today
10:08 Deepak : NF @ DL
10:08 Sujeet : 11855 done
10:09 Shubro : this is a reversal of market…Jit correct?
10:09 Shubro : or start of same
10:09 Jitender : if 850 brks n sustains
10:09 Jitender : nf
10:09 Shubro : cool
10:09 Jitender : till now composite hopes r tere
10:10 Anubhav null : green
10:10 Sujeet : 11670 heading probably
10:11 Jitender : Shubro 870 is TV lvl …nf
10:11 Shubro : hmmm
10:12 Sujeet : cn short again near 11880 if cms?
10:14 Sujeet : shrts being bookd here
10:14 Shubro : C ki phati
10:15 Shubro : we should have radio commentary like a football match
10:15 Anubhav null : yes
10:15 Anubhav null : squa k box
10:16 Deepak : rebound from A singles, poor lows repaired
10:16 Shubro : eh how still poor lows in NF?
10:17 Deepak : asking for clarity
10:18 Shubro : oh ok Uttam to guide
10:18 Chetan Panchal : poor low is from 2 prints. Its PL now
10:22 Deepak : ok
10:22 Yogesh : supply is drying?
10:23 Uttam : (10:03) Jitender : 69pe at 175 Maruuuti…@uttam…Congo Jit
10:24 Uttam : morning A low was a freak one as no vols below 11880 so no poor lows today in my opinion
10:24 Uttam : but yes A period singles very much there & below pdh so PLR still down
10:25 Shubro : day type for BNF is trend to?
10:25 Uttam : 11880-886 supply zone now
10:25 Yogesh : why charts are not moving
10:26 Shubro : market drinking glucose
10:30 Shai : Intra – Buy 11800 cal againat 51 sl of 26 tgt 89.
10:36 Shai : pushes abv 11880 we get to 11915 in a jiffy
10:37 Shai : if not then sellers will hammer the Nifty today and by close we would be severley down
10:37 Shai : severely*
10:37 Yogesh : So, sell on rise?
10:37 Shubro : cant underline here?
10:38 Shubro : this would be last attempt Shai to get up there?
10:38 Shai : window is open till D
10:38 Shubro : hmm
10:38 Shubro : Shai we say C is retail – is D a mix of retails and pros?
10:39 Yogesh : Shai…..this buy call is based on RB on 30 mins chart?
10:39 Shai : yes D best for contra trades like this one esp if A and B are big
10:39 Shai : The HVN at 11855- (10:39) Yogesh : Shai…..this buy call is based on RB on 30 mins chart?
10:40 Yogesh : ok
10:40 Shai : yes RB in B you have that right
10:41 Yogesh : So i am on track now.
10:41 Yogesh : 🙂
10:41 Shubro : 11872 as supply again
10:42 Yogesh : yes
10:43 Yogesh : (10:37) Shai : if not then sellers will hammer the Nifty today and by close we would be severley down…………is not better that we should sell on rise?
10:46 Shubro : oh bugger this range now contracting….
10:46 Shubro : action soon….
10:47 Govind : Yeah Shubro
10:47 Govind : Day COT is -2.4 L today
10:48 Shubro : global markets down…
10:48 Govind : Will need a lot of force to break that 11855 HVN, I guess
10:49 Anubhav null : below 11830 11775 can also come today
10:49 Shubro : hehe anything can come
10:49 Shubro : just not 12000
10:50 Anubhav null : yesterday cot was such big positive still it fell…majority
10:50 Anubhav null : lost money
10:50 Shubro : Jit Monthly PE spread are like 30p
10:51 Anubhav null : another attempt
10:51 Jitender : k
10:52 Shubro : that last big fall was in F period no?
10:52 Anubhav null : koi llt green ko bualo
10:53 Anubhav null : thts what this mkt needs
10:53 Shubro : any statistical significance of F?
10:53 Govind : G Shubro
10:53 Shubro : ok
10:53 Yogesh : after 1 pm
10:53 Govind : Yesterday right?
10:53 Yogesh : 🙂
10:53 Govind : Sorry, H
10:53 Jitender : 30560 cn also cum 🙂
10:53 Anubhav null : yes freak low
10:53 Shubro : no 6th
10:54 Govind : I and J
10:54 Shubro : ook
11:01 Sujeet : cd be trend day?
11:04 Sujeet : dsnt look like want to go up
11:07 Jitender : 30.5ce 237-188
11:07 Sujeet : boom
11:07 Yogesh : hvn broken
11:08 Yogesh : or sl hunting?
11:08 Govind : 35k reds at
11:09 Govind : DLO
11:09 Himanshu : in BNF – 0s and green
11:09 Sujeet : big red
11:09 Shubro : D lower than C
11:09 Shubro : more pain to come?
11:10 Govind : Big red is gonna get stuck at DLO?
11:10 Sujeet : dsnt look like..
11:11 Uttam : PEs not making new highs
11:11 Chetan Panchal : 11830 is spot HVN
11:12 Shai : Make exits in the 11800 call at 41 cmp
11:17 Kiran : ok
11:17 Anubhav null : rb in nf?
11:18 Anubhav null : bnf sorry
11:18 Sujeet : still small postve COT..dsnt seem wl hold longer
11:18 Shai : would consider longs only abv vwap now
11:18 Shai : D period crossed for longs hence exits
11:18 Shai : (10:39) Shai : yes D best for contra trades like this one esp if A and B are big
11:18 Shai : settlement pressure also
11:29 Chetan Panchal : b profiles again SM zones
11:30 Shubro : bhains dipping feet in water…will it tank now?
11:30 Govind : BOT just shorted BNF
11:30 Shubro : Sandip around?
11:30 Shai : Intra – short BNF near 30710 sl of 30815 tgt 30600/ 30512. short higher . cmp 30690
11:31 Shai : Trend day down in BNF
11:31 Shai : E lower
11:31 Shai : let’s ease into this one
11:33 Shubro : Shai now come BOT not short NF?
11:34 Shubro : or soon…..
11:36 Shai : mayne waiting for a small pop to balance inventory
11:36 Rushabh : shai BNF short in?
11:37 Shai : yes
11:56 Himanshu : at 11850 There was 35700 Long – again 19K long
11:59 Shai : F lower – (11:31) Shai : E lower
11:59 Anubhav null : 11830 done
12:01 Anubhav null : otf shud come now ns ave the day 🙂
12:02 Himanshu : greens in NF – Uttam – Jit what say
12:02 Himanshu : Balancing for rest of the day
12:03 Yogesh : profit booking
12:04 Uttam : BN Spot also confirmed weekly FA at 31399 and 1atr comes to 30389
12:04 Uttam : needs to stay below 30861
12:05 Jitender : 720-740 is yr zone bnf fr greens 2 conquer
12:05 Jitender : Himanshu
12:05 Anubhav null : vwap tag?
12:08 Sujeet : looks like dip done fr d day now
12:09 Sujeet : 65k postve
12:11 Rushabh : uttam 1000 points?! (12:04) Uttam : BN Spot also confirmed weekly FA at 31399 and 1atr comes to 30389
12:12 Uttam : yes that is the weekly ATR
12:12 Rushabh : oh ok
12:13 Kiran : sir do we have glossary of the terms used in this chat room?
12:14 Yogesh : Go on notes
12:14 Yogesh : here
12:15 Kiran : where sir?
12:16 Sumesh null : i too tried gave up. now. i only watch foreign language
12:16 Anubhav null : check welcome mail
12:17 Sumesh null : checked no short forms in that
12:17 Anubhav null : will tak time
12:17 Yogesh : (12:15) Kiran : where sir?………there r 4 screen….1. screen sharing (which is running now, we can chart) 2. whate board 3. notes
12:18 Anubhav null : market profile glossary google
12:18 Yogesh : did u see Kiran
12:18 Kiran : notes page is blnck for me
12:18 Kiran : blank
12:18 Yogesh : i can see clearly on my LAP
12:19 Jitender : 730 hi (12:05) Jitender : 720-740 is yr zone bnf fr greens 2 conquer(12:05) Jitender : Himanshu
12:20 Shai : Go here for glossary and more- https://vtrender.com/what-is-the-market-profile/
12:20 Shai : It’s in the welcome mail messages
12:27 Sumesh null : link does not open in moble. anyway leave it. will learn otj
12:27 Himanshu : jit +100
12:27 Kiran : what is otj?
12:28 Himanshu : if day cot turn – postive for NF then Balle – Balle
12:29 Narendra : vwap test on cards?
12:29 Yogesh : BNF DAY COT is +
12:29 Sujeet : yes spiking up
12:29 Sumesh null : on the Job
12:32 Yogesh : COT of NF + (not day COT)
12:32 Yogesh : but minor
12:33 Yogesh : screen is taking time to refresh
12:33 Shubro : yeah slightly lagging
12:34 Yogesh : now frozen
12:35 Jitender : Himanshu…30.5ce 215-190 on the spike
12:35 Yogesh : Shai….can u explain me INDIAVIX is calm, but market is going down?
12:35 Shubro : screen gone Shai
12:36 Rushabh : yh
12:36 Gaurav : Yogesh, the correlation between VIX and markets is not 1
12:37 Gaurav : Have you ever seen the markets go up with VIX also going up?
12:37 Gaurav : It happens.
12:37 Yogesh : yes
12:38 Yogesh : when there is no NE- news
12:39 Kiran : no screen?
12:39 Shai : half a min – on it
12:39 Yogesh : refreshing
12:39 Gaurav : VIX captures the option premiums. With low VIX option premiums are simply lower. How does that necessarily indicate direction?
12:39 Kiran : ok sir
12:39 Yogesh : Yes
12:39 Yogesh : Yes, Gaurav u r right, but it also shows fear and greed
12:40 Yogesh : higher the VIX fear is there, lower the vix greed comes in.
12:40 Gaurav : Sure it does. It can be profitably used if you are a hard core option player
12:40 Yogesh : correct me, if i am wrong.
12:41 Yogesh : I hear to learn sometning from you guys.
12:41 Gaurav : High vix means fear, yes. Not sure if low VIX means greed. Never thought of it that way
12:42 Gaurav : So, in high fear people want to buy puts, driving the premiums up.
12:42 Gaurav : And hence VIX up
12:42 Yogesh : yes
12:42 Gaurav : Does not mean market must fall
12:42 Yogesh : ok..got it
12:43 Yogesh : thanks for clarifing
12:43 Gaurav : Welcome
12:43 Shubro : back
12:43 Rushabh : shai bnf otf ends?
12:45 Shubro : screen gone again
12:48 Shai : Intra – exit the BNF shorts at cost 30710 here .
12:49 Himanshu : Chief – will we go for vwap
12:49 Shai : yes pullback tim
12:50 Himanshu : upto A singles possible ?
12:51 Yogesh : 1.05pm;)
13:02 Narendra : once again 1800CE from 35.80 to 45.80
13:02 Narendra : *11800CE
13:05 Uttam : fresh greens in BNF as gets above VWAP
13:05 Uttam : COT also doubles in this 30min bar
13:13 Yogesh : there is RB and IB on 30 mins chart (yet not comlplited), correct me UTTAM, if i am wrong.
13:14 Yogesh : volume is good
13:14 Uttam : 20k COT on 5min means new buyers adding to the already positive COT form morning in BNF
13:14 Uttam : 30768 sup now
13:14 Uttam : what a timely exit in that BNF call Shai 🙂 +100
13:14 Yogesh : so we could have take CE
13:15 Yogesh : *taken
13:15 Yogesh : Or still we can buy CE nr VWAP
13:15 Uttam : ABHI need to cross & ssutain on BNF for more upside
13:16 Uttam : morning singles giving a pause for now
13:16 Yogesh : OK
13:17 Uttam : no signs of any longs booking so far in BNF
13:17 Yogesh : 20K positive COT on 30 mins chart also
13:17 Uttam : 35900 on 30mins
13:18 Uttam : 15j green stuck at top in NF 5mins
13:18 Uttam : 15k
13:18 Uttam : or shorts SL could be
13:18 Uttam : boom boom
13:23 Yogesh : I noticed that on 11.15 am(30 min chart) candle of BNF COT started on positive
13:24 Yogesh : correct me if i am wrong UTTAM
13:24 Narendra : Shai Sir … Fresh Shorts coming in NF or Longs booking intraday profits?
13:27 Narendra : Seems it was intra longs booking profits
13:27 Yogesh : “0000” in between candle may be SL or profit booking
13:27 Narendra : ok
13:28 Yogesh : Guys correct me if am wrong
13:33 Yogesh : anybody is there….UTTAM /JIT / BOPPANNA / GAURAV / SHUBRO
13:33 Yogesh : 🙂
13:33 Uttam : yes Yogesh?
13:34 Shai : Intra – Buy BNF 30810 sl of 30710 tgt 30956.
13:34 Yogesh : I noticed that on 11.15 am(30 min chart) candle of BNF COT started on positive….correct me if i am wrong
13:35 Uttam : COT was positive from 10:15 bar where we got 40K
13:35 Yogesh : Shai can we buy call 20th june call
13:35 Shai : yes can
13:35 Yogesh : (13:35) Uttam : COT was positive from 10:15 bar where we got 40K….so we could have bought CE
13:36 Shai : MP was not confirming
13:37 Shai : stability is abv vwap only when one time frame is down
13:38 Shai : of course this is a conservatibve reading
13:38 Shai : but aggressive could have taken as you mentioned with samller stops
13:39 Yogesh : (13:35) Yogesh : (13:35) Uttam : COT was positive from 10:15 bar where we got 40K….so we could have bought CE……r u replying me Shai ?
13:40 Yogesh : R u replying me Shai ?
13:41 Yogesh : If yes, than one can agressivly buy / sell as per the reading of COT
13:44 Govind : +1 13:36 Shai : MP was not confirming
13:45 Shai : yes why nopt- (13:41) Yogesh : If yes, than one can agressivly buy / sell as per the reading of COT
13:45 Shai : COT is just a reading of the entire flow. Looks at where the RB’s and the IB’s are
13:45 Yogesh : OK
13:46 Yogesh : On alone basis we cannot take decision as per COT
13:46 Shai : It’s not simple
13:46 Yogesh : we have to see RB/RS as well as IB/IS
13:46 Yogesh : OK
13:46 Shai : COT is a continatoon of the buying and selling of several months
13:47 Shai : the marjket does not reset to 0 at 9.15
13:47 Shai : plenty of traders carry positions for days, weeks, months
13:48 Yogesh : OK
13:48 Shai : continuation*
13:48 Yogesh : got it
13:50 Yogesh : today’s expiry is very calm till now.
13:53 Shai : BNF is a key here
13:53 Shai : if it takes off we still get an expoiry at 31000
13:53 Shai : expiry*
13:53 Yogesh : ok
13:54 Shai : 30800 call a lottery
13:54 TP : Shai the big hurdle on this move to 31k ?
13:55 Shai : BNF 30875. Book half here
13:56 Shai : 30904- (13:54) TP : Shai the big hurdle on this move to 31k ?
13:56 TP : tks chief
13:58 Shai : 30900 ce at 16 now. Looking for a ride in it
13:58 Shai : sl o
14:00 Shubro : Shai entry for that 30900?
14:00 Shai : 27
14:00 Shubro : ok
14:00 Shai : 16 I entreed
14:00 Shai : when I part booked the F
14:01 Shai : parked all profit there
14:01 Govind : 32 now
14:02 Shai : Book profits in the BNF longs in F
14:02 Shai : 30900
14:02 Rushabh : 904 dot shai
14:02 TP : +1 chief.
14:03 Govind : +1 Shai….14:02 Shai : Book profits in the BNF longs in F
14:03 Narendra : 30900CE 17 to 27 … Booked fully ….. Thanks Shai Sir
14:03 Shai : Go long in the 30900 ce
14:03 Shai : if all goes well I’m expecting $X
14:03 Shai : 4X
14:03 Shai : tgt 129
14:03 Govind : Nice! I am still in
14:05 Shai : INtra – Buy 30900 ce at 28 sl of 0. Expiry trade with full risk. TGt 129.
14:05 Uttam : super Shai entered 20th Jun 30800ce as did feel big move coming
14:05 Shai : 11915 🙁
14:05 Uttam : booked 50% at 50points res at SL
14:05 Anubhav : what a day
14:05 Shai : +1 Uttam
14:05 Anubhav : 11830 held again
14:06 Anubhav : jo darr gaya samjho marr gaya in this mkt…lol
14:06 Uttam : (13:14) Uttam : 20k COT on 5min means new buyers adding to the already positive COT form morning in BNF(13:14) Uttam : 30768 sup now
14:06 Shai : more cornering abv 11915 F
14:06 Uttam : this added to the conviction
14:07 Uttam : BNF made a lof of 30773 after that
14:07 Uttam : low*
14:07 Uttam : 30760 was IB on 30mins
14:08 Uttam : 25k green at top in BNF
14:09 Anubhav : yvwap tagged
14:09 Anubhav : game over looks like
14:09 Rushabh : shai if not entered can enter or stay away?
14:10 TP : 307 k ce from 86 to 160 and 308k ce from 444 to 92 . now entred 309k pe at 49 with 20 point sl.
14:10 TP : 308k was 44
14:10 Chetan Panchal : poc has not migrated up
14:11 Govind : Congrats Tej!
14:11 Uttam : super Tej what a comeback 🙂
14:11 Uttam : boom boom
14:11 TP : tks guys ….Chiefs conviction was spot on 🙂
14:11 Uttam : i was itching to buy the 30800combo as was below 100
14:12 Shai : 110- (13:54) Shai : 30800 call a lottery
14:12 Shai : 42- (13:58) Shai : 30900 ce at 16 now. Looking for a ride in it
14:12 Uttam : +100
14:13 Uttam : these greens at hgihs on 5min in BNF are stops SL Shai?
14:13 AN : +100
14:13 Uttam : 10k then 27k and now 16k
14:13 Shai : environamnet right again for freezing some short calls
14:13 Shai : gamma strikes
14:14 Uttam : poor writers
14:14 Shai : BTST- BUY NF 11916 sl of 11860 tgt 12000.
14:14 Shai : 31000
14:15 MJ null : Brilliant day
14:15 Govind : Crazy!!
14:15 Uttam : 100+ in that 30800 next week call
14:15 Shai : aa gaya MBT.COM execpt we do it live through the OF – (13:53) Shai : if it takes off we still get an expoiry at 31000
14:15 MJ null : Thanks shai
14:16 Shai : personal scpre settled with the market for misbehaving with me at the open 🙂
14:16 Govind : Haha…+1
14:16 Jitender : kudos
14:16 Anubhav : haha
14:16 MJ null : 30600 ce still few in from 115 odd
14:16 Anubhav : what panic man
14:16 Shai : 30900 ce at 75 ++++
14:16 Shai : Book fully
14:17 Narendra : Hats Off Shai Sir ….. it was just aesome ride
14:17 Jitender : just made 4.4x today….but happy fr the room
14:17 Narendra : thanks a lot
14:17 Govind : Mucho brilliante!!
14:17 Jitender : congo to all
14:18 AN : great call Shai, thanks
14:18 Himanshu : Great call – chief Bravo
14:18 Himanshu : Good day for all in room – I guess
14:18 AN : still more than 1 hr left, what will happen ?
14:18 Himanshu : Where is Uttam
14:18 Govind : I guess so Himanshu
14:18 Jitender : btfd AN
14:19 AN : thanks jit
14:19 Jitender : ibh
14:19 Jitender : see OF tere if it reaches
14:19 Uttam : yes Himanshu 🙂
14:19 AN : ok- will play with 31k ce
14:19 Jitender : Uttam’s ATM was overflown..he was busy collecting
14:20 Shubro : Jit 31000 CE good to buy?
14:20 Amit : congrats to all.. great call sai 🙂
14:20 Uttam : lol 1 small trade in 30800ce 20jun booked at 50 & 105 points respectively
14:20 Jitender : Shubro wait
14:20 Shubro : ok Jit
14:20 Jitender : a very very imp lesson here (14:00) Shai : 16 I entreed(14:00) Shai : when I part booked the F(14:01) Shai : parked all profit there
14:21 Jitender : Guys note n underline
14:21 Shubro : yes eye opener for me
14:21 Jitender : “Parked Profits”
14:21 Uttam : yep try to make your trades safe as early as possible
14:21 Anubhav : vwap tag in nf possible?
14:21 Uttam : which is why I also booked 50% and trailed rem to cost
14:21 Jitender : capital conservation first n foremost
14:21 Jitender : rest all later
14:21 Narendra : true
14:22 Uttam : #1000 Jit satyavachan
14:22 Himanshu : am out watching – if crashes to lower level – will write option for 30500 for next seris
14:22 Jitender : Uttam..my chest swells with pride wen i see yr trades n progress
14:22 Uttam : 30800pe OI started to rise from teh time Shai gave that long call in BNF
14:22 TP : uttam can you tell bn vwap since rbi day , low on resources.
14:22 Jitender : keep rocknman
14:22 Jitender : rockn man
14:23 Uttam : hey Jit _/\_ all learnt & continue to learn here man’
14:23 Himanshu : yes uttam – at oe point it was 487K stagnant
14:23 Himanshu : but later shot up
14:23 TP : true jit , managing trades and keeping an eagle eye on data is a real feat by Uttam.
14:24 Jitender : yh
14:24 Himanshu : chief closing in yday value area ?
14:24 Himanshu : opens up upper side for new seris
14:24 Uttam : @Tej 31237 was RBI vwap treend day it was
14:24 Jitender : i have a homework fr all…..figure out signals at 30700…fr the revesal n post in slack….will be a learning
14:25 Yogesh : ok
14:25 Jitender : though tere were 2 news also tere…IBull case was withdrawn n SBI said it has adequate funds n doesnt need more from GOI
14:25 Yogesh : on 5 MINS CHARG
14:25 Yogesh : *CHART?
14:25 Jitender : watever suits u
14:26 Jitender : journal 2day n its signals
14:26 Uttam : loook at those greens stuck in NF at top
14:26 Uttam : trifecta
14:26 Jitender : yh
14:26 Uttam : almost 1L on 5mins
14:26 Jitender : 30700 has also a green band in 30mins
14:26 Jitender : also had
14:26 Uttam : yep
14:27 Uttam : and then IB at 30760
14:27 Rushabh : those Sls uttam?
14:27 Jitender : yh
14:27 Uttam : could be Rushabh
14:27 Jitender : wait time over (14:20) Shubro : Jit 31000 CE good to buy?(14:20) Jitender : Shubro wait
14:28 Anubhav : yesbank any news?
14:28 Jitender : Shubro…
14:28 Shubro : yeah Jit
14:28 Jitender : +1
14:33 Uttam : NF does the MB up & down
14:34 Shubro : Shai 11915 BNF call on?
14:34 Shubro : sorry NF
14:34 TP : no i meant vwap on composite from rbi day ……(14:24) Uttam : @Tej 31237 was RBI vwap treend day it was
14:35 Jitender : saw the whip guys
14:35 Shubro : yeah Jit nasty
14:35 Jitender : tis is expiry play
14:35 Anubhav : ab side ho jaao to better hai
14:35 Anubhav : lol
14:35 Jitender : now…Shai’s “parked profits ” will make more sense 🙂
14:35 Shubro : many thanks Jit glad i asked that31000 q
14:35 Jitender : u r wc man
14:36 Jitender : glad 2 b tere
14:36 Shai : 30900 supp
14:36 Shai : can still do 311140
14:36 Shai : get into puts if 30900 breaks
14:37 Shubro : next expiry only na Shai?
14:37 Shai : intra
14:37 Govind : Shai, BTST still stands right?
14:37 Shai : yes
14:37 Shai : 2 sided trade from open today
14:37 Shai : hence make plans to be flexible into close esp BNF
14:38 Shai : neut ext is the bullish
14:38 Shai : puts will make way for neut cen below 30900
14:39 Rushabh : or else shai a DD?
14:42 Shai : dooc migrates NF
14:43 Yogesh : dooc?
14:43 Shubro : dpoc
14:44 Yogesh : ok
14:44 Gaurav : 11900 ce wirters needs to be pushed
14:44 Jitender : Shubro (14:19) Jitender : ibh(14:19) Jitender : see OF tere if it reaches
14:44 Jitender : 16260 at VAL n greens below iibh
14:44 Shubro : right Jit watching same
14:44 Amit : 11900 max pain now .
14:44 Jitender : n see the reaction
14:45 Jitender : 30.7ce 190-241
14:45 Jitender : done
14:46 Jitender : scalping is most effective ar resis/supp ot btfd ot stbr’s in the direction of main trend
14:46 Jitender : at
14:46 AN : _/\_
14:46 Jitender : or
14:47 Jitender : chalo gyan time katam….n byebye
14:47 Shubro : many thanks Jit
14:47 Jitender : time fr the match
14:47 Jitender : pls Shubro..thank VT
14:47 Shubro : always
14:47 Shubro : !!
14:47 AN : thanks Jit.
14:47 Jitender : _/\_
14:48 Shai : Update- clsose the NF BTST at cost here. we won;t carry
14:48 Yogesh : ok
14:49 Govind : Bye all. Another day of l(e)arning!
14:49 Chetan Panchal : btfd / stbr ?
14:50 Yogesh : (14:48) Shai : Update- clsose the NF BTST at cost here. we won;t carry…..particular reason?
14:50 Yogesh : just asking for learning purpose.
14:50 Amit : buy the dip and sell the rise
14:50 Shubro : Chetan : buy the dip or short thre rise
14:51 Shubro : depending on direction of trend
14:51 Chetan Panchal : ty
14:52 Shai : still bullish but will take a fresh view tom- (14:50) Yogesh : just asking for learning purpose.
14:52 Shai : thos ewho want to carry that long can with same Sl
14:53 Yogesh : ok
14:53 Shai : we have a failed move lower again which means 12000 coming again to your screen
14:53 Yogesh : gr88
14:53 Chetan Panchal : 4 Jitender : 16260 at VAL n greens below iibh
14:53 Shai : 11975/ 12000 same sl beloiw the failure
14:53 Yogesh : means range 11800 to 12000. +- 25 points
14:54 Yogesh : ok
14:54 Chetan Panchal : 4 Jitender : 16260 at VAL n greens below iibh…shubro can you explain this ?
14:54 Yogesh : What about global market senario?
14:55 Uttam : (14:34) TP : no i meant vwap on composite from rbi day ……(14:24) Uttam : @Tej 31237 was RBI vwap treend day it was…31105 it is comp vwap till yesterday
14:56 MJ null : https://mplite.vtrender.com/?symbol=NIFTY&startDate=31-05-2019&nDays=31&tpo=2&isComposite=1
14:56 Anubhav : nf might give 3.05 crash ?
14:57 Anubhav : expiry play
14:57 MJ null : for Composite followers. check with basic mp rules
14:58 Uttam : Mihir Tej wanted from RBI day
14:58 Uttam : one more link for that if you can please 🙂
14:59 Amit : huge OI at 11900 pe (14:56) Anubhav : nf might give 3.05 crash ?
14:59 Uttam : 3:05 coming for a Neutral eXtrme?
15:00 Yogesh : boom
15:00 Anubhav : or center?!
15:00 Anubhav : lol
15:01 MJ null : https://mplite.vtrender.com/?symbol=bankNIFTY&startDate=06-06-2019&nDays=31&tpo=6&isComposite=1
15:01 Uttam : 11910 needs to hold
15:01 MJ null : @tp
15:03 MJ null : Bye room. Have a great day ahead. Hope we get some good weather for cricket.
15:03 Amit : pitch gila hai 🙁
15:04 Uttam : win the toss and elect to swin first 😉
15:04 TP : Tks Mihir n uttam !!
15:05 Amit : ha ha
15:05 Shubro : Chetan sorry i was away
15:05 Shai : Take care everyone. Have a good evening.Catch up tom
15:05 Anubhav : adios
15:05 Uttam : Shai off early 😉 party time
15:05 Shubro : buyers below dval
15:06 Chetan Panchal : dval?
15:06 Uttam : day’s VAL
15:06 Uttam : Value area low
15:06 Chetan Panchal : oh ok
15:07 Uttam : NeuX it is
15:08 Chetan Panchal : Jitender : 16260 at VAL n greens below iibh..what he meant by it
15:09 Uttam : boom boom
15:09 Anubhav : nice read
15:10 Deepak : RIP 11800 to 11900 CE sellers
15:10 Deepak : 🙂
15:10 Yogesh : 1.26 red
15:11 Uttam : this week;s 11900ce from 3 to 19 in minutes
15:11 TP : 7 dt done …(14:36) Shai : can still do 311140
15:11 Deepak : at peak there were about 90 lakh CE sellers between 11.8 to 11.9
15:11 Uttam : super Tej you missed 2 days so uska bhi mila kar diya 😉
15:11 Rushabh : uttam big sellers?
15:12 Rushabh : or longs booking?
15:12 Uttam : could be mix of both Rushabh
15:12 Uttam : but yes big reds here
15:12 Uttam : -2L COT almost on 5mins itself
15:12 Rushabh : 1.8 lac almost
15:12 Uttam : 0s at top
15:13 Uttam : looks like upside done for today
15:13 Uttam : BNF also similar RS
15:13 Uttam : 27k red
15:13 Uttam : with 0s at top
15:15 Yogesh : give me RED
15:15 Yogesh : 😉
15:15 Rushabh : daily cot just flipped uttam to the opposite
15:16 Deepak : BNF COT in tact
15:19 Yogesh : What a volume?
15:19 Yogesh : means very high volume appx. 6.63 L
15:19 Deepak : yes, guy who made shorts cover their ass got out
15:20 Uttam : yes this COT is similar to the one we had couple of days back when we tagged 12023
15:20 Anubhav : all intra guys booked i guess
15:20 Yogesh : Uttam….will 11947 act as a resistance tommorow?
15:20 Uttam : but that day it was fresh shorts & today it could be profit booking so need to see how we get a folow thru tom
15:20 Deepak : hmm
15:21 Yogesh : o
15:21 Yogesh : ok
15:22 Uttam : (15:12) Uttam : -2L COT almost on 5mins itself(15:12) Uttam : 0s at top(15:13) Uttam : looks like upside done for today simpe OF reading
15:22 Yogesh : y
15:22 Rushabh : utaam covering shorts (31k)
15:22 Deepak : BNF barely closing above 20dma, nifty comfortably
15:23 Deepak : spots
15:23 Uttam : BNF got an IB today at weekly VAL
15:23 Chetan Panchal : ib
15:24 Yogesh : inital balance
15:24 Yogesh : 8initial balance
15:24 Uttam : close near dPOC of 11910
15:24 Yogesh : *Initial balance
15:24 Uttam : hvns@ 11870 & 11855
15:24 Uttam : IB – initiative buying
15:24 Yogesh : means it wll act as support?
15:25 Yogesh : (14:48) Shai : Update- clsose the NF BTST at cost here. we won;t carry……..sorry Uttam
15:25 Yogesh : u r right
15:25 Yogesh : made 5K loss toaday 🙁
15:26 Yogesh : due to SL in 30900 CE
15:26 Uttam : which time did you take this trade?
15:26 Chetan Panchal : buying at previous VA is initiative
15:26 Chetan Panchal : below is RB
15:27 Yogesh : bought at 40
15:27 Yogesh : kept SL at 30
15:27 Yogesh : it was buying on 27
15:27 Uttam : @Chetan please view the video on OF given in the welcome mail, it will help you understand these concepts better
15:28 Uttam : @Yogesh have you been able to realise what was the mistake in that trade?
15:28 TP : tks …..(15:11) Uttam : super Tej you missed 2 days so uska bhi mila kar diya 😉
15:28 Kiran : sir do you have training on MP and Order flow?
15:28 TP : Bye All.
15:28 Uttam : Shai will let us know if there is one planned Kiran
15:28 Uttam : thanks All 🙂 have a lovely evening
15:29 Kiran : i mean classroom training
15:29 Yogesh : (14:48) Shai : Update- clsose the NF BTST at cost here. we won;t carry………yes
15:29 Anubhav : wow big reds in last 30 min
15:29 Uttam : NF dpoc shifts to 11922
15:29 Uttam : close also there
15:29 Yogesh : (15:24) Uttam : IB – initiative buying(15:28) Uttam : @Yogesh have you been able to realise what was the mistake in that trade?……YES
15:30 Yogesh : I required lot of patiance…..
15:30 Uttam : (15:29) Yogesh : (15:24) Uttam : IB – initiative buying(15:28) Uttam : @Yogesh have you been able to realise what was the mistake in that trade?……YES…super then just remember the lesson & get on to the next trade 🙂
15:30 Yogesh : when any trade goes wrong…..i hesistate to take another one
15:31 Uttam : we need to be ready for the chances we get Yogesh
15:31 Yogesh : ydays BTST trade gone wrong, i should have taken opposite postion UTTAM
15:31 Anubhav : l is a selling tail
15:31 Yogesh : but I panicked
15:32 Uttam : which is why position size in a manner that you do not panic
15:32 Yogesh : I was damn sure that nifty will take support near 11800 (spot), it went till 11817 and then reveresed
15:33 Yogesh : my postions sizing is small only
15:33 Yogesh : unless n untill i gain confidence, I will not increase postion
15:33 Yogesh : i dont take leverage
15:34 Yogesh : i only employ 10% of my capital