When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
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
08:52 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/316745925
08:53 Vtrender Live : 5 min charts – https://join.me/128-555-069
08:56 Dhananjayan : GM all
08:59 Krishan : gm all
08:59 Bhupinder : GM all
09:01 Rajan : Good morning all
09:02 Manikandan : Gm all
09:03 Dileep : gm all
09:04 Shai : Gm all
09:04 Gopi : Gm all
09:04 Nagaraj : Goodmorning all
09:04 Vishnu : gm all
09:04 Uttam : Good Morning All 🙂
09:05 Prateeek : gm all
09:06 Shai : 9210 ref line for the open today with a pivot around 9263
09:06 Shai : this market has shown sterngth at 9210 past few sessions and wait to see if buyers respond at these prices again
09:06 Shai : Anything abv 9265 at open would mean a trip back to 9330 F again
09:07 Naresh Dubbudu : mplite?
09:07 Shai : NF could trade in the gap of the previous session all day
09:07 Naresh Dubbudu : 13th May chart not available in mplite?
09:08 Shai : yes – all charts are live
09:08 Shai : do a refersh always at open
09:08 Naresh Dubbudu : Thanks Shai.
09:09 Tejpreet : GM All.
09:09 Rajesh G : gm all
09:09 Chintan : GM all
09:18 Shai : one day wonder is over
09:18 Uttam : 🙂
09:18 Shai : we are back to the closing of tues
09:18 Shai : waiting on 9263 zone
09:19 Uttam : staying below 9291 we have a weekly FA in NF at 9557
09:19 Uttam : below 9125 more bearish view becomes as that would confirm a monthly FA
09:19 Shai : 9265- 9200 range off open
09:20 Uttam : yet another OAOR 🙁
09:20 Uttam : BNF has come reds
09:21 Uttam : NF still got plus COT
09:26 Shai : Intra – Buy 9300 pe at 75-76 sl of 64 tgt 100/ 120
09:29 Shai : Exit at cmp 69
09:35 Shai : looks steady abv 9260
09:35 Uttam : if 9292 taken out can go for 9320 test Shai?
09:35 Shai : would think 9330 is possible on this
09:35 Shai : sl is below 9250
09:36 Shai : that seller in the second candle could not push it lower in NF
09:42 Jitender : 19.4pe 329-182 half thru ..had afirst btfd view
09:42 Vishnu : +100 j
09:43 Kushal : +100 Jit
09:43 Sagar : 280 semmes little resistance
09:43 Sagar : we should get Vwap after 280
09:44 Shai : ICICI and hdfc down
09:44 Jitender : tx guys
09:44 Shai : bajaj twins up
09:44 Sagar : congo jit
09:44 Shai : stimulus news
09:45 Jitender : all ou 200
09:45 Jitender : tx S
09:55 Himanshu : 333775 green puked
09:57 Himanshu : Chief – Fresh supply or getting absorbed
09:57 Shai : new sells
09:58 Shai : test of 9230 amd 9200 again
09:58 Shai : sl abv 9292
10:06 Uttam : BNF gets 22k green at vwap
10:06 Uttam : NF 2 back to back IS unable to break 9231
10:06 Shai : initial buyer in NF and now a seller
10:07 Shai : OAOR is playing out
10:07 Shai : time for option writers to enter
10:07 Uttam : expiry day too 🙂
10:07 Shai : 9190- 9290 range defined now
10:08 Sagar : 23 k is hgh for BNF should we cover our shorts
10:08 Tejpreet : 92k ce and 93k pe at 67 each…can give 30 points if writers hold.
10:09 KK null : OAOR
10:11 Uttam : looks like C side coming
10:11 Ankit : +1 uttam
10:13 Ashwath : @Uttam – in BNF 5 mins chart.. 10.05-10.10.. I see a green rectangle with 23840.. what it indicates?
10:13 Uttam : big buyer
10:13 Uttam : imbalance of buyer actually box represents
10:13 Uttam : green dot is for big player
10:13 Uttam : green band is also buyer imbalance
10:14 Ashwath : Thank you Uttam
10:14 Uttam : more reds in NF
10:19 Uttam : 65k green at 9230 stalling the move lower for now
10:21 Ankit : yes ug
10:21 Ankit : OA prevailing
10:22 Shai : range at 70
10:22 Shai : https://mplite.vtrender.com/?symbol=O_NIFTY9250PE20200514_NIFTY9250CE20200514&tf=daily&tpo=2&isComposite=0&ivp=0&sp=1&startDate=&endDate=&nDays=8
10:22 Shai : This correct link of 9250 ce pe
10:23 Uttam : doom doom – (10:11) Uttam : looks like C side coming
10:23 Uttam : 9218 is here
10:23 Shai : +1
10:24 Jitender : railway to refund tickets up2 30th June
10:24 Jitender : expect migrant trains
10:25 Shai : 9205- (09:57) Shai : new sells(09:58) Shai : test of 9230 amd 9200 again
10:25 Uttam : +1 weekly VAL also there
10:26 Sagar : TSL ?
10:27 Suhas : monthly val area low here
10:28 Jitender : 19.3pe 181-245 half thru (10:24) Jitender : railway to refund tickets up2 30th June
10:30 Jitender : all out 220
10:30 Ankit : 1.5 Ib done 😛
10:30 Uttam : missed by 2 points
10:30 Uttam : 919
10:30 Ankit : nf
10:30 Uttam : 9194
10:30 Sagar : 1 lak red
10:30 Ankit : hehe yea round figure
10:30 Jitender : will buy pe below 45k greens …
10:31 Jitender : else rebound cn cum
10:31 Shai : book shorts if any in NF
10:31 Shai : 9190 can hold
10:31 Shai : will enter new shorts only if 9190 breaks
10:32 Shai : Abv 9219 can confirm a 20 pointer to vwap\
10:32 Shai : last expiry was here at 9200?
10:33 Sagar : yes
10:35 Shai : sl at 9255 F on day now- (09:57) Shai : new sells(09:58) Shai : sl abv 9292
10:37 MJ : shai sl for longs 9188ish? if in?
10:37 Shai : yes
10:37 MJ : Thanks. in that OF trade.
10:37 MJ : bnf + nf greens.
10:37 Shai : C ext trade abv 9219
10:37 Shai : to vwap
10:38 Shai : for conservatives that is
10:38 MJ : 🙂
10:38 MJ : Thanks chief.
10:38 Shai : that 61K green and 95K in prev bar are confirmation of the sells from 9275 closing
10:39 Shai : hence we look for new selling below 9190 now
10:42 Uttam : greens galore
10:42 MJ : Today also PC there? Time anyone?
10:43 Sumit Bajaj : 4
10:43 Naresh Dubbudu : 4pm
10:43 Shai : workimng on this now for day with pivot defined at 9255- (10:07) Shai : 9190- 9290 range defined now
10:43 Uttam : +100 Shai
10:43 Uttam : 0s at lows also NF gave
10:43 Uttam : along with that 61k green
10:44 MJ : 19111-19161 bnf booked part.
10:45 MJ : nf also out 200-222 part.
10:46 MJ : Thanks Sumit and Naresh.
10:48 Govind : trifecta of reds UG at IBL
10:48 Uttam : fresh RE coming?
10:48 Uttam : yes Gov
10:48 Uttam : another round of doom doom
10:48 Govind : +1
10:49 Ankit : +1 gov
10:49 Ankit : please bring 9180
10:50 Uttam : that was MJ booking his longs – (10:48) Govind : trifecta of reds UG at IBL
10:50 Ankit : perfection!
10:50 Uttam : lets get a 3IB on expiry day – Tej you listening?
10:51 Govind : greens in both indices at the bottom is one of MJ’s favourite trades
10:51 Uttam : one of the most prefect traders in the room he is :0
10:51 Tejpreet : Yes Uttam, been long since we had an explosive expiry
10:52 Uttam : yes Tej lets do it 🙂
10:52 Ankit : absolutely… ihave observed too. he is miles ahead of an amateur like me. experience counts
10:52 Amit Jain : +1
10:53 Uttam : BNF stuck between 19340 & 19076 – b) The auction remains weak below 19610 for a test of 19560-534 / 19455-420 / 19340-262 / 19188-163 / 19076 & 19010-18970
10:54 Uttam : 19080 low so far
10:54 Uttam : take out 19076 and can give quick 100 pointer
10:55 Prateeek : i am taking a off today, somehow dont feel like trading. bye guys. have a good trading day
10:55 Uttam : take care Prateek
10:56 Ankit : take care bro. come back fresh tom 🙂
10:56 Suhas : take rest Patik
10:56 Prateeek : thanks guys. 🙂
10:57 Sagar : ek Vwap tri to banata hai
10:59 Uttam : flat vwap like yesterday
11:02 Rajesh G : what trades are we looking for either side
11:02 Rajesh G : ug
11:03 Uttam : for now break of 9190 on good vols would be a short Rajesh
11:03 Uttam : else fade the extremes
11:03 Uttam : Shai has given the range
11:05 Uttam : AB forming poor hgihs in NF & at times I take poor high in IB as FA too
11:05 Kushal : @Uttam can we have 2 FAs in a similar direction?
11:05 Uttam : all the more powerful
11:05 Kushal : +100 Uttam..thanks
11:06 Shai : directional coiling is less here
11:06 Shai : directional movement is less here, expect coiling
11:08 Jitender : PC everyday till Sundat 4pm
11:09 Uttam : D side RE coming?
11:09 Uttam : but some more vols please
11:12 Rajesh G : ok thanks UG
11:12 Shai : 13L of the 20 L CR is declared
11:12 Shai : 7 L in next few sessions
11:13 Prakash : until then Mkt will be in Ventilator – pushing death by few more days 🙂
11:15 Shai : If the market was not on a ventilator already, stimulus would not come
11:16 Shai : Most people thought that stimulus is good news- It actually is a confirmation that the economy is in dire straits almost like someone in an ICU
11:17 Shai : what is there to rejoice on a a package announced
11:17 Govind : yes, still addressing pre-Covid issues
11:18 Kushal : most of the stimulus is monetary..nothing much fiscal
11:18 Kushal : sarkar k paas paisa ich nai
11:18 Jitender : immediately after the 20lc figure came…had put out an immediate analysis…..:)
11:18 Jitender : bhakts wudnt hv liked it
11:18 Kushal : lol Jit
11:19 Tejpreet : Jit message from Anuj- Market is not breaking down and is taking support at lows of the range. Wont be surprised with a second half rally.
11:20 Jitender : but tere is only one mre thing m lookg at….wich has strong probab gvn the way tey r spreadn PC
11:20 Kushal : which is wat Jit?
11:20 Jitender : Tej (10:30) Jitender : will buy pe below 45k greens …(10:31) Jitender : else rebound cn cum
11:20 Tejpreet : +1
11:20 Jitender : spotted first 😉
11:21 Jitender : K we will discuss later…lets nt disturb here
11:21 Kushal : +1 Jit
11:30 Uttam : BNF also looks like getting ready?
11:32 MJ : UG: /\ just following shai’s range.
11:32 Uttam : E se extension handle de do Jit
11:32 Jitender : UG already posted
11:32 Jitender : u r the leader bro
11:33 Uttam : IS forming in NF
11:33 Uttam : doo doom
11:34 Uttam : E wala ext handle here – thanks Jit
11:34 Uttam : BNF ka bhi karwa do lage haath
11:34 Ankit : 9212 to 9190
11:34 Uttam : break that 19076
11:34 Kushal : +1 Ankit
11:34 Uttam : congo Ankit
11:35 Ankit : thx guys
11:35 Jitender : +1 A
11:35 Ankit : yes plr was clear ug
11:35 Jitender : boom
11:35 Ankit : just needed a spike
11:35 Suhas : +1
11:35 Uttam : +1 Ankit
11:35 Ankit : thx 😀
11:35 MJ : Shai refresh needed?
11:35 Uttam : this hypo done in NF – b) The auction gets weak below 9385 and could test 9366-56 / 9320-9290 / 9264-31 / 9216-04 & 9186-82
11:35 Uttam : 9183 low so far
11:35 Ankit : learning from all teh experienced traders like you, MJ and others _/\_
11:36 Uttam : 0s at lows again in NF
11:36 MJ : Ankit follow the veterans 🙂 I am still a learner.
11:36 Ankit : and a green band
11:37 Uttam : thats cos of 44k green against 0
11:37 Ankit : +1 MJ we learn from everyone bro. and you are pretty consistent +1 to you
11:37 MJ : Thanks mate. /\
11:38 Uttam : 6 more mins the auction has to make fresh lows
11:39 Uttam : 9200 ce/pe both at 31
11:39 Uttam : combo at 62
11:41 Uttam : 9182 is the singles of day before’s profile
11:41 Uttam : 9150-9182
11:41 MJ : Uttam, about your AB high/low same rules of FA apply?
11:43 Uttam : yes MJ
11:44 Uttam : E not leaving an ext handle 🙁
11:45 Naresh Dubbudu : Another option expiry for writers,
11:45 Uttam : E ka adhura kaam ab F karega
11:48 MJ : Thanks UG, noting it.
11:49 Uttam : +1
11:52 MJ : ek aur ibl darshan ug?
11:54 Ankit : OF is sucha powerful tool.. gave a clear exit around 9185 which otherwise in OHLC would never gind +100
11:54 Ankit : *find
11:54 Uttam : +1 Ankit
11:54 MJ : Yes Ankit.
11:55 MJ : Thanks to Shai and VT and this brilliant OF we are atmanirbhar.
11:56 Sanjib : 9200 combo now at 60
11:56 Uttam : yes Sanjib – (11:39) Uttam : 9200 ce/pe both at 31(11:39) Uttam : combo at 62
12:00 Himanshu : Highest OI is in 19000 PE among all strikes of BNF and NF
12:00 Himanshu : since 9.35
12:00 Sanjib : PE/CE OI 9200 now almost neck to neck
12:00 Himanshu : and is increasing – though was challenged once – but guys did not budge
12:01 Himanshu : looking at that clue – was short in 18900PE, 18000 CE and
12:01 Himanshu : Second high is in 19600 CE
12:02 Himanshu : so 15 Points taken in 19600 CE and 18800, 18900 PE runnin g for zero
12:03 MJ : Okay 9221 so far.
12:03 Uttam : one more perfect trade for MJ 🙂 +1000
12:04 MJ : no trade UG. was just observing 🙂
12:04 MJ : Done with DT.
12:04 MJ : sitting out.
12:04 Uttam : arre you should have traded it na
12:04 Uttam : aaj ke liye bahut maal chaap liye 😉
12:05 MJ : haha yes thursdays, i give back after winning trades. So at sides.
12:05 Amit Jain : MJ ji aaj ji atmanirbharta ho gaye 🙂
12:05 Himanshu : Good – me too
12:05 Himanshu : have to be very careful
12:07 Shai : Lookingf for it to sustain abv 9218 F later in afternoon
12:07 Himanshu : DPOC is like MOM –
12:07 Shai : conf would still be a move anbv 9255-65 F
12:07 Shai : tgt is 9330/ 9400 if that plays out
12:07 Shai : supply is betting thinner at the lows as green bands come
12:08 Himanshu : HDFC B- ICICIb – Kotak – All in red – Chief – it has to recover beyond VWAP – this package is short tem heavoc for them
12:09 Himanshu : as more Risk taking in short term –
12:13 Himanshu : 19500CE- 19000 PE Strangle – 350 to 50
12:13 Himanshu : writers made – kill – now volatility can come or may be not
12:14 Jitender : good trade H..congrats
12:14 Himanshu : Not me – yet – but was trying to figure – I traedd 19000 PE covered, 19600 CE covered
12:14 Govind : Awesome H, congo man
12:14 Himanshu : now running – 18800 PE to zero
12:15 Jitender : so..wats yr take on the stimuls
12:15 Himanshu : but – wanted to observe data from NSE Site and in MP chart for this straddle
12:15 MJ : Nice trade that one, Himanshu.
12:16 Himanshu : ok Stimulas – is lke balanced – not much dent on Soverign Rating or Risk – so good NBFC will get liquidity – Big Boys will benefit – so Vehicle Loans – Secured SME loans etc – will run
12:17 Jitender : so mkts will bttom here n we can b on recvry curve
12:17 Himanshu : Auto Industry will give us – major clue in turn around –
12:17 Himanshu : yes very gradual – I see is postive clue for Foreigners
12:17 Jitender : hmmm
12:18 Himanshu : as We have controlled cases – so re-opening in U shape is seen ..
12:19 Himanshu : Atlest 3 Sectors are healthy for now – FMCG, Pharma & IT
12:19 Himanshu : Which either will benefit from consumption Point of View –
12:20 Himanshu : IF auto revives – we will stabilize.
12:21 Himanshu : I was taking to few colleagues in sector
12:21 Himanshu : all 3 sectors –
12:21 Himanshu : I am told – our pipe line is completelt clean – with production halt –
12:22 Himanshu : is like Bakery – these 3 sectors have huge capital block in Inventory at all levels ….
12:22 Govind : H, the reamining 7L crore, what is the plan? Are people gonna get checks/cash in their accounts?
12:23 Shai : lol\
12:23 Shai : you are an optimist Gov 🙂
12:23 Himanshu : no – such dolls are given in form of Jan Dhan – Grains
12:23 Uttam : how much does it work out to per person Gov ;-p
12:23 Himanshu : and GAs for 3 months – now industry is pushing for – re opening
12:24 Himanshu : so Govt will mobilize its labours to required places which can open – All we need is good Rain now
12:24 Rajiv Ohri : why are they even calling it a stimulus. They have at best helped in cashflow.
12:24 Himanshu : next indicator is that – if we have sufficient Rain –
12:24 Govind : 15k for poor people can make a big difference, will get them thru for a few weeks
12:25 Himanshu : yes I see – if Spread widnens or call for again major shut down – govt will do dolls for BPL –
12:25 Ankit : i wouldnt mind that 15K either gov
12:25 Jitender : like banging thali’s and lighting diya’s stimulated mind..similarly this is also a stimulus
12:25 Himanshu : In Gujarat Rural – cases are very bllink
12:25 Himanshu : My in laws – Bro – in law runs rice mills
12:26 Rajiv Ohri : 🙂 jit
12:26 Himanshu : – their like nothing has happened kind a –
12:27 Himanshu : Regular working they took Ravi crop – Wheat etc – infact price discovery is better than unsual for them this year
12:28 Himanshu : Normally Rice stock ( Additional One ) they sell in Diwali with premium – they got premium 4 month in advance and sold all inventories ,,,
12:29 Himanshu : Amul registered 20 % growth
12:29 Himanshu : they are seeking their labours back from UP – MP – liasing with collectors- Railiway etc,,
12:30 Himanshu : but Amul also helped their suppliers – with upfront payment – workers with Food, CAsh etc
12:30 Uttam : BNF getting some new life?
12:30 Uttam : BAba doing it
12:30 Himanshu : yes
12:31 Uttam : rush of greens in BNF
12:31 Ashwath : Thanks Himanshu ji for lall the details. 🙂
12:32 Himanshu : Oh YEs now time for market – thanks for entertraing my blabber –
12:32 MJ : again reverse from 9221.xx
12:32 Jitender : +1 (12:31) Ashwath : Thanks Himanshu ji for lall the details. 🙂
12:34 Boppanna : Uttam you planning something before H today pls give a headsup 😉 I ‘ll bring my focus back
12:34 Shai : Thanks H for the ground report. Much appreaciate
12:34 Uttam : 🙂 yes Bops need to get back my focus too
12:35 Shai : icici moving up
12:43 Sagar : looks like another expiry at 9200 ??
12:43 Himanshu : Thanks Chief – your words means loy
12:43 Himanshu : *lot
12:45 MJ : chief 104250 is sl?
12:45 Jitender : (10:30) Jitender : will buy pe below 45k greens …(10:31) Jitender : else rebound cn cum
12:45 Uttam : finally some vols
12:46 Jitender : 19.2pe 122-50
12:46 Jitender : dt thru
12:46 Govind : Congo Jit
12:46 Boppanna : Jit pranam
12:46 Shai : some shorts kicked out
12:46 Sagar : congo Jit
12:46 MJ : Ok chief.
12:47 Uttam : NF can fill up the upper part of profile now?
12:47 Ankit : +1 jit
12:47 Jitender : tx guys
12:47 Uttam : congo Jit
12:47 Shai : this is closure of 81K from yesterday in NF
12:47 Tejpreet : +1 Jit for dt
12:48 Shai : ground work being laid for 9330 later in day
12:48 Swapnil : charts stuck?
12:48 Suhas : +1 shai nice commentry
12:49 Jitender : tx Tej..score
12:49 Narendra : s charts stuck
12:49 Tejpreet : around .5
12:49 Jitender : +1
12:49 Tejpreet : tks
12:50 Jitender : 3 trads fr tat
12:50 Chintan : congo jit for DT
12:51 Jitender : no full vol trade since yday except the one yday
12:51 Jitender : tx C
12:52 Shai : charts are fine
12:53 Suhas : yes
12:55 Rajiv Ohri : Shai buy is above 9250 right?
12:55 Shai : 9255
12:55 Rajiv Ohri : and 1.04 L is a buy?
12:55 Uttam : looks like SL of shorts Rajiv
12:56 Rajiv Ohri : Ok thanks
12:57 Shai : 9190 test due now sl of 9238
12:58 Naresh Dubbudu : Does this negate your call for possibility of 9330 in 2nd half Shai?
12:58 Shai : that is abv 9255 for conservatives
12:58 Naresh Dubbudu : Ok. Got it.
12:58 Shai : raneg has not changed
12:59 Shai : range*\
12:59 Shai : mentioned 3 hours back- (10:07) Shai : 9190- 9290 range defined now
13:00 Tejpreet : +1
13:00 Jitender : +1
13:01 Chintan : +1 Shai
13:01 Tejpreet : 3 hrs back that 93k pe and 92k ce ccombo was 67 ech now 80 and 37.
13:03 Shai : +1
13:03 Jitender : +1
13:04 Varun : shai 1 lkh number at vwap is expiry or something else
13:05 Shai : yesterday shorts clsing
13:05 Varun : thanks
13:07 Uttam : Bops getting his hammer looks like?
13:09 Himanshu : SL or fresh Green
13:09 Shai : Another big guy
13:09 Varun : buyers abv vwap
13:09 Jitender : either tey will get or gv up stimuls 2day
13:09 Varun : on one tf down
13:10 Varun : b i spull back high
13:10 Varun : failed at e for extn
13:10 Varun : cld eb day high
13:10 Varun : woth vwap-10 as ss top
13:10 Seshadri : bank nifty is nearing day high
13:10 MJ : Another 1L
13:11 MJ : Chief anything in June on your OF?
13:11 Sagar : any big news coming ?
13:11 Sagar : saw around 3 1 lak guys
13:15 Shai : cover here 9214- (12:57) Shai : 9190 test due now sl of 9238
13:16 Jitender : 19.23ce 166-114 half thru…23k green
13:18 Jitender : (13:09) Jitender : either tey will get or gv up stimuls 2day
13:19 Sagar : +1
13:19 Jitender : all out 90 (13:16) Jitender : 19.23ce 166-114 half thru…23k green
13:19 Himanshu : Exited 18800 PE – 22 – 2 ( no need to wait for last 2 points)
13:19 Sagar : congo jit
13:20 KK : VWAp broken
13:20 Jitender : tx S
13:20 KK : 9250 PE from 43 to 54
13:21 Jitender : 2 1 lac trapped…9230-9235 pivot nw
13:21 KK : Jit, no expiry games ? it can’t be that simple
13:22 KK : why would they do that ?
13:22 Sagar : 10 pt prem done on 9200 CE
13:22 Jitender : KK…ask Rajiv boss..he knows more abt games 🙂
13:23 KK : I mean, this all could be just to take 9200 CE and PE to zero
13:23 Jitender : but yes 26 mins count dwn to tat
13:25 Jitender : Wenever u see two big guys in a small price range on low vols day/ OAIR/OAOR…follow up is very imp…else tey becum prime candidates fr trap n 1 whip usually happens
13:26 KK : yes, that true, so journey to dval complete..now back , unless europe breaks down ?
13:26 Chintan : 3 IS
13:27 KK : which seems to be happening …
13:27 Govind : big guy(s) exiting…covering?
13:28 Jitender : so Chints one of them exited
13:29 KK : take that 9200 CE to 11/13, and we shall be good for lottery
13:29 Chintan : yes sir
13:29 Jitender : imo
13:29 Chintan : SL here for them
13:29 Chintan : chart stuck ?
13:32 Narendra : charts stuck?
13:36 Boppanna : Awesome read Jit on those greens
13:36 KK : 50K green
13:37 Jitender : tx BoPs
13:38 Uttam : poor highs & poor lows in NF
13:39 Shai : 9204 sl on the reds
13:39 Shai : had a bias for test of 9190 but exited early
13:39 Shai : full tested here
13:41 KK : back to VWAP to take that 9200 PE premium
13:41 KK : ?
13:41 Sagar : morning 180 again acting as support
13:42 Arun : is there any relevance when DPOC and VWAP for the day both are around the same level ?
13:43 Uttam : day of rotations Arun
13:43 Arun : ok
13:44 Rajiv Ohri : UG CE PE cross over done
13:44 Uttam : yes 9200
13:45 Uttam : extension handle coming?
13:46 Uttam : 9165 is 2 ib
13:46 Uttam : 9106 is 3ib
13:46 Uttam : doom doom
13:47 Jitender : 9250pe 39-70 half thru..positiona; acc
13:48 Jitender : 72 k green…hence part book
13:48 Govind : Congo Jit
13:48 Jitender : tx G
13:49 Govind : Uttam, 9111 is a nice fancy number
13:49 KK : chalen
13:50 KK : 9210 ki taraf
13:50 Jitender : 65 all out (13:47) Jitender : 9250pe 39-70 half thru..positiona; acc
13:50 Uttam : yes Gov 🙂
13:50 MJ : Come on KK.
13:50 Shai : 9200 ce counter buy abv 19
13:50 Shai : buy abv only* not here
13:50 Shai : sl of 9
13:53 KK : that 9200 PE is going to 15 soon
13:53 KK : Any OI hint UG on 9200 CE PE ?
13:54 KK : it could not cross 36, it’s earlier high
13:54 Shai : yes
13:54 Shai : 13 doable
13:54 Shai : A buyer in 9200 ce at 13
13:54 KK : 9150 CE from 43 to 51.now
13:54 Shai : expecting 30/ 38 abv 19
13:57 Ankit : 74 k spoilt the party…for now
13:57 Uttam : BNF can crash here Shai if lows go?
13:58 Shai : yes
13:58 Uttam : thanks 🙂
13:58 KK : BNF is looking weak
13:59 KK : thanks UG
13:59 Uttam : +1 KK but break that 19078 with vols
14:00 Shai : buyers messing it up in NF also
14:00 Shai : can drop to 9152
14:01 Uttam : lets do 9111 Shai 😉
14:02 Sagar : can we buy 9150 put as lottary
14:02 Chintan : 0
14:03 Shai : buy 9200 put abv 31
14:03 KK : Abki Baar 36 ke paar
14:03 Shai : shopukld do 50
14:03 Uttam : done – (13:46) Uttam : 9165 is 2 ib
14:03 Shai : IS
14:03 Sagar : lots of covering here
14:04 Sagar : big greens
14:04 Ankit : kaboom
14:04 Ankit : 2Dt phew
14:04 Ankit : had to wait whole day for such moves
14:04 Ankit : 9111 would be nice UG
14:04 KK : here it goes
14:05 Swapnil : @Shai – 9200 PE. 33 to 41.
14:05 Shai : +1
14:05 KK : Abhi to hsuru hua hai
14:05 Chintan : +1 kk
14:05 Sagar : biring 151 please
14:06 KK : Jab tak woh 9150 CE 13 tak nahi jata
14:07 Jitender : 🙂 started at 2 (13:23) Jitender : but yes 26 mins count dwn to tat
14:07 KK : Unless Spx makes a small jump..
14:07 Ankit : thx all
14:07 Uttam : BNF yet to join the party
14:07 Sagar : 152 aaya
14:08 Uttam : (10:50) Uttam : lets get a 3IB on expiry day – Tej you listening?
14:09 KK : 9200 PE , 34 to 48
14:09 KK : 9150 8 to 13, SL @ 8 only..lets see, if 18 comes there
14:09 Jitender : caught both the Intermediate bottom & top today…tx 2 OF (10:31) Jitender : else rebound cn cum (13:18) Jitender : (13:09) Jitender : either tey will get or gv up stimuls 2day
14:09 Jitender : #satisfyn
14:10 Uttam : +1 Jit
14:10 KK : itne saare green SL
14:10 Uttam : 9111 kahan ho?
14:11 Sagar : looks like 3 IB today
14:11 Arjun : these are SL green ?
14:12 KK : 9150 PE booked at 17
14:12 KK : 8 to 17
14:12 Kushal : nifty spot just broke march vwap
14:12 Jitender : flat…will only scalp…
14:12 Uttam : 9125 break karo
14:12 KK : wah wah
14:12 Uttam : BNF into action mde
14:13 Govind : 9111 coming?
14:13 KK : nahi aaya to
14:13 Ankit : 9125 low
14:13 Ankit : still has time
14:13 KK : entered 9150 CE at 14
14:13 Sagar : 9150 PE from 6 to 23 full qunitity lottory
14:13 KK : small SL of 4.. wait
14:13 MJ : Touches PWL.
14:14 Sagar : 400% on that trade investemnet
14:14 Shai : 60- (14:03) Shai : buy 9200 put abv 31(14:03) Shai : shopukld do 50
14:14 Uttam : (09:19) Uttam : staying below 9291 we have a weekly FA in NF at 9557(09:19) Uttam : below 9125 more bearish view becomes as that would confirm a monthly FA
14:14 KK : BNF greens saying something , JIt ?
14:15 MJ : Confirmed ug? 🙂
14:15 KK : charts lagging
14:16 KK : that 9150 already at 18
14:16 Jitender : ys KK
14:16 Sagar : 122 low till now
14:16 KK : Now, lets’ take 9150 PE to 0
14:16 KK : hehe
14:17 Jitender : r/r n sl in system pls
14:17 KK : what a day
14:17 Jitender : 19070 needs to be taken out …
14:18 KK : 19100 CE 55 to 73 booked
14:18 Jitender : +1
14:18 KK : let’s see if 9150 CE has something in store..otherwise just watch
14:18 Uttam : BNF low 18977 – (10:54) Uttam : take out 19076 and can give quick 100 pointer
14:19 Uttam : 18970 needs to break for more downside in BNF
14:19 KK : 9150 CE 19 now..booking
14:19 KK : lot of day left
14:20 KK : Shai, can it spend , next 30 min here ?
14:20 KK : considering the profile
14:23 Sanjib : BNF 19110 to 19030
14:26 KK : 9150 above 20, so we are good for 9111
14:26 KK : ?
14:28 MJ : Govind you almost getting your 9111
14:29 MJ : done
14:29 Uttam : doom doom
14:29 KK : done 9200 PE from 59 to 77
14:29 KK : ab bas akhri way back ho jaaye
14:29 KK : Since Ankit would be satisfied
14:30 Ankit : hehe
14:30 KK : 9150 CE 7 pe liya hai with SL 0
14:30 Ankit : 9111 doen what else we want
14:30 Ankit : all yours now
14:30 Uttam : 3ib nahi aaya ;-p
14:30 KK : Aur SL 7 now, since it is at 9
14:30 Uttam : BNF is holding up
14:31 MJ : cheers all
14:32 Ankit : hehe Ug
14:32 Ankit : 3 Ib is also done UG
14:32 Ankit : just 4 pts shy
14:32 Ankit : 😛
14:33 Sagar : 3IB missed by 2 pont 🙂
14:33 Ankit : itna to round off chalta hai
14:33 Ankit : hehe
14:33 Sagar : haha
14:35 MJ : Shai these greens are relentless in the fall.
14:35 MJ : They know something? Swing wise?
14:35 MJ : Or just expiry. leave them?
14:35 KK : Shai, what to do with this 9150 CE , stay on ?
14:36 KK : 15 now
14:36 MJ : 9125 9149. half out with that PWL ref.
14:37 KK : Sl to 10
14:38 KK : booked at 13.
14:39 Ankit : Mj +1 _/\_
14:40 KK : 9100 CE could give returns if they have to break those 9200 CE sellers
14:40 Shai : 9170 TSL for any existing shorts
14:40 Shai : they are buying the dip
14:41 Shai : not sure if this is press con related
14:41 Uttam : booked out all
14:41 Uttam : could be a expiry move also Shai?
14:41 Uttam : BNF did the 45%
14:41 Uttam : 19148 high
14:41 Jitender : 19.2pe 126-64 half thru
14:41 MJ : a
14:42 Uttam : in this bounce
14:42 MJ : allout 9164
14:42 Uttam : @Tej you there
14:42 MJ : Thanks @Ankit.
14:42 Ravi Kumar : Reliance is also in sync with this movement
14:42 Tejpreet : Yes Uttam
14:43 Uttam : thanks for the 3 IB but y let go of that 4 points ;-p
14:43 MJ : shai vwap cometh? or too ambitious?
14:43 KK : Is baar 70 ke paar
14:43 Tejpreet : hold 170 for next 5 min bar , you can do a perfect 3 ib then.
14:44 KK : 9100 CE from 60 to 71..holding now
14:44 KK : Since Shai has called for SL of shorts
14:44 Uttam : lol expiry today Tej so doubt that will come but good part is we do not need to have a retracement tom for the 3IB we had today
14:44 Shai : vwap due
14:44 Tejpreet : yes Uttam.
14:44 Uttam : so kal open se hi short kar sakte hain 😉
14:44 KK : Shai, can something happen in 9200 CE today ?
14:45 Sanjib : 19100 CE 68 to 94
14:45 KK : just kidding
14:45 Jitender : out 56 (14:41) Jitender : 19.2pe 126-64 half thru
14:45 Ankit : super trade jit
14:45 Ankit : Contra king !
14:46 Sagar : 1 IB move from bottom
14:46 Uttam : this was today’s report – Staying below 9400, the auction could go in for a test of the HVNs of 9320 / 9218 & 9111
14:46 Jitender : (14:14) KK : BNF greens saying something , JIt ?(14:16) Jitender : ys KK
14:46 Uttam : low today 9110
14:46 Jitender : tx A…all relaxed trades….tx 2 OF
14:46 KK : Bye for today
14:47 KK : thanks guys
14:47 Ankit : absolutely.. in the direction or opposite… both relxed . OF rocks
14:47 Jitender : flat nw..gv sum fireworks 🙂
14:48 Ankit : hehe
14:48 MJ : Classic OF trade day.
14:48 MJ : Super trades Jit. Cheers.
14:49 Sagar : THis move was all profit booking its seems anothere low can come ?
14:50 Shai : short NF below 9143 for 9085 sl of 9170
14:52 Uttam : nice Shai 🙂 9087 will also be the 1ATR move from today high
14:52 Uttam : lets get it
14:52 Tejpreet : 9176 on profile chart high in 5 min bar 9175.90 , enough time for Uttam to finish 3 ib
14:52 Govind : another PC today?
14:52 Jitender : ys
14:53 Jitender : everyday nw at 4
14:53 Govind : They should just tweet all their announcements
14:53 Sagar : modi ke packages me traders ko 10% dedo yar
14:55 Jitender : kyon ..why
14:55 Jitender : only politicians n beauraucrats n top guns deserve stimuls….rest are all destined to toil n pay
14:57 MJ : another 86k walks like he’s in garden.
14:57 Shai : If in NF exit here near cost
14:57 Govind : DT is salvation 🙂
14:57 Shai : won;t take it as 3 PM now
14:57 Jitender : +1
14:57 Govind : more greens today evening than in last session
14:58 Jitender : yup
15:00 Himanshu : am just thinking – if all announcement is done in this phase
15:00 Himanshu : what will salvage – Septemeber carnage
15:00 Jitender : have faith bro…all will be well
15:01 Himanshu : Today heard powell he was very pessimistic and was reminding post world war 2
15:01 Himanshu : no am optimist as a person- but evenif we will out of woods – US economy issue will loom over market in general
15:04 Himanshu : Today – sold 9 Rs option at 18900 PE at 2.30 on IB of NF F
15:04 Uttam : that monthly 9000pe still in buy mode
15:04 Himanshu : for long had given up on such risk – rule broken – though safe home
15:05 Arun : yes UG..m still holding 9k pe..avg price 169…but it is reversing most of the time from 250
15:06 Uttam : keep booking also Arun
15:06 Uttam : no point giving back to market what you have made
15:06 Arun : yes,, rotating the 2nd lot timely
15:06 Arun : so now my trade almost free of cost
15:06 Arun : have booked twice
15:06 Uttam : thats good
15:07 Uttam : am not carrying anything as we open in gaps so better trade would be to enter post open
15:10 Uttam : reds here?
15:10 Uttam : in both
15:12 Sagar : good -ve cot ni BNF
15:13 Jitender : full 100 dwn on 1 lac guys (13:09) Jitender : either tey will get or gv up stimuls 2day
15:14 Sagar : can we get ot 9085
15:15 Shai : time is short
15:15 Sagar : hmm
15:15 Sagar : cna we hold some put for tmr
15:16 Shai : I think commerciails are long here today and have closed shorts
15:16 Shai : thbey are buying it for another p[oske at 9325 tom
15:17 Sagar : ok
15:17 Shai : subject to COT not going deep red now
15:17 Shai : 10 mins
15:17 MJ : Thanks shai.
15:19 Dileep : shai so you dont recommend overnight shorts
15:19 Shai : no
15:19 Shai : on 3IB we don;t carry
15:19 MJ : Shai any lower reference to watch for open tomorrow?
15:20 Shai : 9085
15:20 MJ : 9087?
15:20 MJ : Thanks
15:20 Shai : below 9085 these greens will fold
15:21 Shai : (14:40) Shai : they are buying the dip(14:41) Shai : not sure if this is press con related
15:22 Favas : bnf greens?
15:22 Favas : shi
15:22 Uttam : yes
15:22 Uttam : BNF was the joker in today’s market
15:23 Uttam : guess something related to banks coming in todays PC?
15:23 Favas : hopefully
15:23 Himanshu : they have submitted bad bank propsoal
15:23 Arun : i think today it is for farmers’
15:24 Himanshu : if that gets accpeted – they will release lot of liquidity and NPA issue will be out of daily headache for banks
15:25 Uttam : good vols building at 9145 in NF
15:25 MJ : Yes ug
15:26 MJ : 2 1L’s there
15:26 Uttam : 3 mins more to shift dpoc there
15:26 Himanshu : Lending will be then aggressive – if govt wants to do land- labour reform – and Atmanirbhar path – then Bad Bank – i remember Kamath committie submitted proposal earlier but then – Khangress had intension of putting things under carpet –
15:27 Himanshu : UG – are not this volume is weekly expiry related ..
15:28 Uttam : weekly expiry are more on options na H?
15:28 Uttam : one more 1L
15:28 Uttam : dPOC shifted
15:29 Uttam : 9145
15:29 Uttam : boys played well 🙂
15:29 MJ : Last one looks like you.
15:29 MJ : 🙂
15:29 MJ : Bye all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 MJ : Have a nice eve
15:30 Himanshu : bye MJ – Bye UG – Jit – chief and friends here
15:30 Himanshu : bye all
15:30 Shai : Bye all
15:30 Shai : Have a nice evening