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NF
08:57 Vtrender Live : (08:55) Vtrender Live: option charts – https://join.me/655-241-536
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09:23 Shai : (09:22) Shai : Make an exit in the 10600 pe at 99
09:30 Shai : (09:30) Shai : Intra – Buy BankNifty 26015 sl of 25920 tgt 26170
09:33 Shai : (09:32) Shai : Come out of the BNF longs at 26012 near cost here
09:43 Shai : (09:43) Shai : iNTRA – short BankNifty 25950 sl of 26050 tgt 25775
10:00 Shai : (10:00) Shai : BNF 25855. Book half and ride the rest at cost
10:06 Shai : (10:06) Shai : Book out the bal qty in BNF
10:22 Shai : (10:21) Shai : Positional – Buy 10500 pe at 103 sl of 70 tgt 160
12:08 Shai : (12:08) Shai : Intra – Buy BankNifty 26064 sl of 25965 tgt 25230
12:45 Shai : (12:45) Shai : Exit the BNF long trade at 26020
14:00 Shai : (14:00) Shai : STBT – Sell Banknifty 25920 sl of 26097 tgt 25650.
14:32 Shai : (14:32) Shai : STBT trade- Book half at 25832 here . Hold some for tom with new SL of 25930
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08:59 Shai : GM all
08:59 Rushabh : Gm shai
09:00 Abhishek null : GM Shai
09:00 Shai : https://vtrender.in/market-profile-analysis-dated-13th-nov/
09:01 Pratibha : GM
09:01 Manu : Good Morning
09:03 Jitender : Gm Folks 🙂
09:05 Shai : The NF expected to open higher than yesterday’s profile high of 10630
09:05 Shai : Immediate supply is still at 10670- 10680
09:05 Shai : But the auction will have to break below 10600 for sustained weakness
09:06 Shai : Shorts are in the system from 10604 to 10630 yesterday and OF needs to be watched for signs of closute or new additions
09:06 Shai : above 10670 the NF makes a quick rise to 10720
09:09 Uttam : Good Morning All 🙂
09:09 Uttam : USDINR falling today, is it a drive open in that Shai?
09:10 Shai : yes
09:10 Shai : that liquidity injection does the trick
09:10 Uttam : hmmm so can expect BNF to probe higher?
09:11 Uttam : almost 200 points up in pre-open BN
09:13 TP : GM All.
09:13 Ravi : GM all
09:14 Manish : gm everyone
09:15 Shai : 22980 old supply BNF
09:15 Pradeep : Shai: can you give update on the 10600 PE
09:17 Shai : hold
09:17 Shai : will exit if 10670 is sca;led
09:17 Shai : (09:06) Shai : above 10670 the NF makes a quick rise to 10720
09:17 Pradeep : ok
09:20 Dr Prajwal : OD??
09:21 Uttam : volumes are good but need to sustain
09:22 Shai : Make an exit in the 10600 pe at 99
09:23 Shai : No reds yet
09:23 Uttam : yesterday’s reds being forced to get out here Shai?
09:24 Shai : too early but so far not adding
09:24 Uttam : BNf off to test 26135-165
09:25 Uttam : (09:09) Uttam : USDINR falling today, is it a drive open in that Shai?(09:10) Uttam : hmmm so can expect BNF to probe higher?
09:25 Uttam : Shai can we have 10700ce on the options charts?
09:25 Uttam : levels in that also please
09:30 Shai : Intra – Buy BankNifty 26015 sl of 25920 tgt 26170
09:30 Pradeep : For a gap up like this , is index moving slow?
09:32 Uttam : settling into an OAOR both Shai though vols are good, no drive here?
09:32 Shai : Come out of the BNF longs at 26012 near cost here
09:34 Shai : open auction
09:34 Shai : will wait
09:34 Uttam : thanks for the 10700ce Shai, green band at 100 will be support in it?
09:34 Shai : green band in the PE also
09:34 Uttam : yep
09:34 Shai : watch that 98 in the PE
09:35 Shai : 10670 needs to sustain for more
09:35 Shai : else down to 10600
09:35 Jitender : bnf has supp at 985-995 zone ..lot of green tere
09:35 Uttam : yes needs to get above that 10664 & vwap plus Monday highs
09:35 Jitender : tats the one to brk for IB
09:36 Uttam : NF below vwap too early into the day
09:36 Shai : uneasy with a long here in BNF
09:36 Shai : should have done better for longs
09:36 Uttam : vwap broken too fast in both Shai?
09:36 Uttam : 25980 needs to hold in BNF
09:36 Uttam : else 25940-930 can be tagged
09:37 Jitender : broken 🙂 (09:35) Jitender : bnf has supp at 985-995 zone ..lot of green tere(09:35) Jitender : tats the one to brk for IB
09:37 Uttam : BNF breaks 25980 and spikes to 25944
09:38 Uttam : 37k green here in BNF
09:38 Jitender : yh
09:38 Uttam : NF testing pday hgihs
09:39 Uttam : 57k green there in NF
09:39 Uttam : (09:36) Uttam : else 25940-930 can be tagged…BNF low so far 25936 & up again 40 points
09:41 Uttam : NF gets weak if sustains below 10629
09:41 Uttam : gone
09:42 Jitender : tis is all PB
09:42 Uttam : NF spike of yesterdya being tested
09:42 Uttam : that stuck seller getting a xit looks like?
09:43 Uttam : 10600pe back to 120+ 🙁
09:43 Pradeep : 🙁
09:43 Shai : iNTRA – short BankNifty 25950 sl of 26050 tgt 25775
09:44 Shai : That PE was a poor exit
09:44 Uttam : 5min low rule would have been good to follow for that Shai?
09:44 Shai : this NF also should test 10600
09:45 Uttam : (09:36) Uttam : 25980 needs to hold in BNF(09:36) Uttam : else 25940-930 can be tagged low so far 25932.65
09:45 Abhishek null : what is 5 min low rule?
09:46 Jitender : bnf is gettn greens
09:46 Uttam : when you have a gap against your position then wait for the first 5min bar & then keep your SL at the low
09:46 Uttam : yes Jit couple of 13k in it
09:46 Jitender : 985-995 on watch
09:46 Uttam : pink band in that 10600pe also now
09:47 Uttam : morning buyers booking out looks like
09:47 Jitender : (09:42) Jitender : tis is all PB
09:47 Uttam : +1 Jit & first PB is always bought you have told this many times
09:47 Jitender : yup
09:47 Jitender : fall came 2 early unlike day before
09:47 Abhishek null : 80% rule applicable here?
09:48 Uttam : no bell yesterday Abhishek & not staying below yVAH too NF
09:48 Uttam : pink band in that PE goes away
09:49 Uttam : NF has a probable selling tail at top
09:49 Uttam : could mean as short term top if stays
09:49 Abhishek null : ok
09:49 Uttam : same with BNF
09:49 Uttam : tail at new hgihs
09:51 Uttam : 10613 is the spike low in NF
09:51 Uttam : on weekly timeframe we are back into weekly VAH of 10629 & we can have a hatrick today of 80% on weekly
09:52 Abhishek : How much is VAL of weekly?
09:53 Uttam : 10545
09:53 Uttam : 10587 is the weekly POC
09:53 Azmath : Uttam is this ORR?
09:53 Abhishek : Thx Uttam
09:53 Uttam : NF yes Azmath
09:54 Uttam : BNF still out of pday range
09:54 Uttam : all red now in NF on 30mins
09:55 Pradeep : NF came to exactly yesterday settle and bounced
09:56 Pradeep : thats a weak low
09:56 Jitender : abv 950 r all thoose greens in bnf
09:57 Jitender : Ag was long at morn open….now goes shrt
09:58 Ravi : @Uttam can we assume IbB is high upto now?
09:59 Ravi : *IB
10:00 Shai : BNF 25855. Book half and ride the rest at cost
10:00 Jitender : +1
10:00 Shai : still kicking myself for that poor exit in the PE 🙁
10:01 Shai : this should go to 10510 now
10:01 Miyajan : a time to time remember is necessary,you are human too after all)
10:01 Sandesh : holding the same boss… i turst your INTENT! no 2nd thought!
10:01 Miyajan : reminder
10:02 Jitender : u cant blame yrself fr tat Shai..environ was such & its better to err on side of caution
10:02 Jitender : u got tat bnf short correct
10:03 Jitender : honestly .. i took a short on tat AG at open..but came out very quick
10:03 Shai : Yes was looking at 10570 and said to myself wanted a filter there but BNF was dancing then
10:03 Jitender : else wud have gotmy DT
10:03 Shai : happy to come out of BNF and make money on the short
10:03 Jitender : now watchn ..as 2 fast
10:03 Jitender : +100 Shai
10:03 Miyajan : Shai the index has been dancing around in last few weeks there are clear signs of distribution in the broader market,do you agree? 10800 to 11100 will be the top i guess
10:04 Shai : 25980 has failed the buyers yet again along with 10637 in NF
10:05 Jitender : 950 is scaled n greens will b back in saddle
10:05 Shai : reminder- will ne points to look for shorts all week this
10:05 Jitender : FII want a range ..
10:05 Jitender : n tey r milkn it
10:06 Shai : 10500 pe got reds
10:06 Shai : Book out the bal qty in BNF
10:06 Jitender : hdfc bank makn DH
10:07 Shai : lol I am 2 hands and 2 legs 🙂 – (10:01) Miyajan : a time to time remember is necessary,you are human too after all)
10:07 Shai : Yes longer term says lots of long inventory is stuck and will use higher levels to exit – (10:03) Miyajan : Shai the index has been dancing around in last few weeks there are clear signs of distribution in the broader market,do you agree? 10800 to 11100 will be the top i guess
10:07 Shai : 11200 diff to scale
10:08 Rushabh : 10700 capped to the upside for now
10:08 Rushabh : ?
10:09 Dr Prajwal : dip was used to exit shorts by them??
10:11 Shai : @Rushabh for this series maybe
10:11 Jitender : sucker 🙂 (09:57) Jitender : Ag was long at morn open….now goes shrt
10:12 Ravi : @Uttam Can u comment on IB
10:19 Shubro : Uttam guidance on any range extensions in NF & BNF on this type of day?
10:21 Shai : Positional – Buy 10500 pe at 103 sl of 70 tgt 160
10:22 Shai : same view as yesterday . will hold this for more time with SL of 10580 roughly
10:22 Boppanna : 10680?
10:23 Shai : if today proceeds to plan then NF should be near 10325 and 10260 on this
10:23 Ravi : oh
10:23 Jitender : & bnf Shai
10:24 Himanshu : @shai @uttam @rk r u people sensing trend day today or tough with large IB and in bracket?
10:28 Uttam : (09:51) Uttam : on weekly timeframe we are back into weekly VAH of 10629 & we can have a hatrick today of 80% on weekly(09:53) Uttam : 10545(09:53) Uttam : 10587 is the weekly POC
10:29 Uttam : TRend Day it can be very likely in NF
10:29 Uttam : ORR down with selling tail at new highs
10:29 Uttam : (09:49) Uttam : NF has a probable selling tail at top(09:49) Uttam : could mean as short term top if stays
10:30 Shai : FA of yesterday 1st tgt- (10:23) Jitender : & bnf Shai
10:30 Jitender : k
10:30 Shai : will add shhorts when 25775 breaks now and carry
10:34 Uttam : NF has an extension handle at 10614 wjich will be the level to watch on any bounce
10:35 Uttam : BNF for now taking sup at pdh
10:35 Uttam : dpoc in NF shiting down
10:37 Uttam : IB range is relatively bigger in NF but so far OTF down
10:38 Miyajan : interesting pattern last 2 days,intent was right but gaps fooled us into taking failed trades in the morning
10:39 Ravi : @Uttam 1.26L sellers significant in NF??
10:39 Uttam : yes they are & are coming right at today’s POC
10:40 Vivek : @shai what about the call debit spread position?
10:41 Shai : hold- we respond tom as premoum gets eaten there
10:41 Vivek : Great Thanks
10:42 Uttam : greens at vap in bnf
10:43 Uttam : NF tags the ext handle
10:44 Uttam : now NF getting good greens at vwap comes calling
10:45 Uttam : 64k green at top
10:47 Uttam : OTF down stops in both
10:47 Ravi : @shai about 10500pe
10:47 Himanshu : uttam b in making?
10:48 Uttam : BNF could be having some other plans looks like
10:49 Boppanna : Uttam yesterday BN spot also had a 3IB?
10:49 Uttam : yes Bops
10:49 Boppanna : ok thx
10:51 Rushabh : @uttam when price moves out of balance and breaksout, how do you calculte for the tgts?
10:53 Uttam : NF now resisting at pdh
10:54 Uttam : 10645 is morning singles
10:55 Jitender : time fr AG to go long 😉
10:55 Shashwat : is there a problem with the refresh rate?
10:56 Eric null : @shai do you watch high/low Cot?
10:57 Uttam : more geens in BNF
10:59 Jitender : yup
10:59 Jitender : tey r toyn with reds now
11:00 Uttam : NF at the morning singles now
11:00 Jitender : lets c if we get a dip back 2 950 bnf or creates a NH
11:01 Uttam : BNG already into them & near IBH
11:01 Uttam : NF has a probable FA at lows
11:01 Uttam : 10640 supply being tested
11:02 Jitender : hmm -1 DT today….have to fite it….first a 10 min brk 🙂
11:04 Shai : BNF very different here
11:04 Shai : pushing this mow
11:05 Pradeep : Shai: risk in holding BNF shorts here?
11:05 Uttam : yes Shai the rejection at prev day high was a signal?
11:06 Pradeep : Uttam: if the low is exactl yy one tick at pdh for BNF, isn’t is poor low
11:07 Shai : BNF shorts at risk above 25960
11:07 Pradeep : ok
11:09 Boppanna : Inten widening as well in BNF
11:09 Boppanna : *intent
11:09 Jitender : bnf will invalidate 3IB setup abv DH
11:10 Boppanna : Yep +filter
11:10 Uttam : yes could be one of the days with an exception
11:11 Dr Prajwal : IBH resistance??
11:11 Jitender : (10:05) Jitender : 950 is scaled n greens will b back in saddle
11:12 Uttam : (11:06) Pradeep : Uttam: if the low is exactl yy one tick at pdh for BNF, isn’t is poor low…how will it be poor low Pradeep
11:12 Uttam : yesterday high was there
11:12 Uttam : if low is same as yesterday low then poor lows
11:13 MJ : Good morning everyone.
11:13 MJ : Nice 3ib setup in bnf today.
11:14 MJ : Rode it and did SAR.
11:14 Uttam : (10:54) Uttam : 10645 is morning singles….NF high so far exact 10645
11:15 Himanshu : mihir that 62k at wrong place?
11:15 Himanshu : NF
11:15 MJ : Need to see follow up.
11:15 MJ : For now sl hit looks like.
11:15 Uttam : vwap being defended in NF
11:16 Himanshu : yeah
11:16 Sumit : 62k reds
11:16 Sumit : in nf
11:16 Uttam : ‘E’ & ‘D’ periods have been giving pullbacks this week in BNF & NF
11:17 MJ : Uttam thoda aur neeche please.
11:18 Uttam : 10613 & 25940 levels to watch in both
11:18 Uttam : if held can rise more
11:18 Jitender : Mihir..u r Shrt ?
11:19 MJ : Yes
11:19 MJ : 3rd trade.
11:19 MJ : tsl on.
11:19 Jitender : +1
11:19 MJ : Any word of caution for shorts?
11:20 Jitender : u r the chmp man n quick
11:20 Jitender : br focussed
11:20 Jitender : m in red today
11:20 Jitender : -1DT
11:20 Jitender : on a brk
11:20 MJ : oh
11:20 MJ : you will be back and roar 🙂
11:21 Jitender : lets c…rite now recordn curses fr myself
11:21 MJ : 🙁
11:21 Shubro : Sun always rises tomorrow Jit 🙂
11:22 MJ : Don’t be harsh. As Shubro said 🙂
11:22 Jitender : tx Shubro
11:22 Uttam : hey Jit don’t worry buddy, you will surely make up for this & more
11:22 Jitender : will rise today itself 🙂
11:22 Jitender : tx Uttam
11:22 MJ : Love you man.
11:22 MJ : this is the spirit.
11:22 Shubro : Absolutely banking on your guidance Jit
11:22 Jitender : shld have cvrd shrts once C hugh was taken out
11:23 Jitender : cheers guys
11:23 Jitender : u certainly pepped me up
11:23 Shubro : As Shai says we hunt as wolves
11:23 Uttam : +100
11:24 Uttam : (11:18) Uttam : 10613 & 25940 levels to watch in both…check NF low in this dip
11:24 Shubro : newbie here but picking up fast. First thing iI realized is not to be afraid
11:24 Uttam : dot 10613
11:24 Shubro : apna time aayega
11:24 MJ : +1 Shubro.
11:25 Pradeep : Jit your friend will come on TV now and ask to go long
11:25 MJ : Jit I was -1 dt at open too 🙂
11:25 Jitender : lots of luck n mtm 2 u Shubro
11:25 Pradeep : 2 mins to go
11:26 MJ : Took a break and then let market go up.
11:26 Jitender : +1
11:26 MJ : avgd and exited
11:26 MJ : Then since then just focused on ping pong setups 🙂
11:26 Jitender : i avoid avgn….if vix abv 18
11:27 MJ : Noting.
11:28 MJ : But OF imbalance was small hint.
11:28 Jitender : AG long now
11:28 Uttam : oh my god
11:29 Jitender : man w/ut TV he wud be wiped off his capital if he took his own calls
11:29 Uttam : that guy never tires is it
11:29 Uttam : but poor guy should get on borken clock trade also na 😉
11:29 Shubro : AG is the round disco ball on tv right guys?
11:30 MJ : hahahaha!
11:30 Uttam : lol Shubro you got that right
11:30 Shubro : ok i have been wondering for 2 weeks now lol
11:30 MJ : 632 644 to watch on the upside.
11:30 MJ : pwh pdh.
11:30 Uttam : on weekends they put him up in a disc
11:31 Uttam : 10645 morning singles & now seems to be forming a ledge
11:31 Shubro : true to his game…he is a spinner
11:31 Shubro : this BNF trying hard for the FA break man
11:31 MJ : Just take a new DHI and get done BNF!
11:32 Shubro : seruiously!
11:33 MJ : Take it before 11.45
11:33 Uttam : if 10645 taken out then we can tag IBH & Shai’s 10720-725 coming which is also 1atr from today’s low
11:34 Jitender : yup
11:34 Uttam : BNF still on fro that 26135-165 here
11:35 MJ : Uttam above 680 we get FA at lows?
11:35 Uttam : E making an insdie bar so far, lets see if it gives any break in the next 10 mins
11:35 Uttam : yes Mihir
11:35 MJ : Kardo phir 🙂
11:36 Uttam : jo hukum aaka 😉
11:37 Uttam : by the way PEs did not make new hgihs when NF made a new low
11:37 Abhishek : PE?
11:38 Uttam : pit option
11:38 Uttam : put*
11:38 Abhishek : Thx. Realised it 🙂
11:38 Shubro : yes Uttam why is that?
11:38 Shubro : not much conviction in the downside?
11:38 Eric : what happened at 10:05 Bar??
11:40 Shubro : BNF moving now.
11:40 Shubro : ??
11:40 Uttam : happens when move about to reverse & have observed that many times
11:41 Shubro : Thanks Uttam
11:41 Uttam : BNF going for a RE up & it has the grreens
11:42 MJ : Uttam spot did new high?
11:42 MJ : bn?
11:42 Shubro : Uttam RE?
11:42 MJ : Range extn.
11:42 Shubro : ok
11:42 Uttam : yep
11:42 Uttam : but just by 5 points
11:43 MJ : And check total. 😉
11:43 Shubro : what total is that MJ?
11:43 Abhishek : Poor highs on BNF?
11:43 Uttam : E makes hgiher high in BNF but in NF still insdie
11:45 Jitender : new DH
11:45 Jitender : bnf
11:45 MJ : Minute late (11:33) MJ : Take it before 11.45
11:45 Uttam : (11:41) Uttam : BNF going for a RE up & it has the grreens
11:45 Sandesh : Jitte…
11:46 Abhishek : Is that SL in BNF?
11:46 Uttam : 42k reds in BNF at new highs
11:46 Jitender : ys Abhi
11:46 Uttam : could be some of the longs booking out
11:46 Abhishek : Thx Jit
11:46 Uttam : NF time to boom?
11:46 MJ : That looks like Sandesh booking out.
11:48 Uttam : (11:31) Uttam : 10645 morning singles & now seems to be forming a ledge…NF high now 10643
11:48 MJ : Uttam’s sepoy at 644.
11:50 MJ : Shai isn’t the demand at in bnf fairly high?
11:50 Shubro : F in BNF no follow through?
11:51 Uttam : you want a FA there Shubro 🙂
11:51 Jitender : Uttam tat 37k green in bnf is up 200
11:51 Shubro : right Uttam
11:51 MJ : Jit what level he was?
11:52 MJ : Today is it?
11:52 Uttam : yes Jit +1
11:52 Uttam : these reds look like part bookings of the mornign longs
11:52 Jitender : ys M….around 870 i think
11:52 Jitender : scrool up..Uttam pointed him out
11:52 Jitender : scroll
11:52 MJ : Got it. thanks.
11:54 Shai : Have to pause the screen for a few mins. Won’t take time. Please bear
11:54 Uttam : sure Shai
11:55 Shubro : Sure. Haha I was like “The shows over folks”
11:56 Pradeep : May be show over for upside … interval
11:56 MJ : Pradeep one dip down
11:56 MJ : then rise up from the ashes.
11:57 Shai : 🙂
11:57 MJ : Woohoo
11:57 MJ : that effect.
11:57 MJ : Sleeek one Shai.
11:57 Uttam : 25920 that 37k buyer was Jit
11:57 Uttam : so almost 150 points
11:57 MJ : Think about 50k buyer.
11:57 MJ : 430ish levels.
11:58 MJ : OF tip: If you spot these biggies. Learn how to trade with them.
11:58 MJ : Life is good then.
11:59 Ravi : @uttam is 52ksellers in bnf significant
11:59 Uttam : @Ravi they could be longs booking out
11:59 Ravi : ok
12:01 Uttam : NF into mirning singles
12:02 Uttam : 55k green at top
12:04 TP : | October food inflation comes in at -0.64% Vs 0.14% (MoM)
12:04 TP : maybe this got 55k excited
12:05 Uttam : looks like either a SL or a buy abv order & whatever it is bad trade fro that guy
12:05 Uttam : sustianing above 10645
12:05 Uttam : BNF new hgihs
12:06 Uttam : another 26k green on this bar high 😉
12:08 Shai : Intra – Buy BankNifty 26064 sl of 25965 tgt 25230
12:08 Uttam : boom boom BNF going for that 2ATR target from yestrdays FA
12:08 MJ : Do it boy.
12:09 MJ : still holding few 26k ces
12:09 MJ : based on that 2 atr hope.
12:09 MJ : 😛
12:10 Himanshu null : r we holding 10500 pe?
12:11 Shai : yes. differnet auctions in BNF and NF today
12:11 Shai : see the BNF is all green
12:11 Shai : intent is also higher green
12:12 Himanshu null : yeah
12:13 Boppanna : Shai can BNF options be displayed today?
12:13 RK : BNF day high probably done
12:14 MJ : Rk what is the context behind that?
12:14 Shai : 3IB setup
12:14 RK : yes
12:14 MJ : Okay. Thanks 🙂
12:14 RK : poor RE with emotinal buyers
12:15 RK : RE above IBH I meant
12:16 Jitender : Rk…wat filter r u using fr 3IB setup ?
12:16 Jitender : it gets invalidated once ibh is brkn ?
12:16 Shai : we are against that setup today o this long
12:16 RK : Jit dont get you
12:17 MJ : Yeah shai. I was going to ask you also what setup for your trade 🙂 I guess Tape/
12:17 MJ : ?
12:17 Jitender : 3IB setup gt invalidated once ibh was brkn….
12:17 Jitender : y do u still consider it active ?
12:17 Boppanna : Jit needs a IBH +filter
12:17 Jitender : ys BoP..tats y was askn abt his filter
12:18 RK : Jit we may not all the time IBH swipe and failure..so any move towards IBH is short for intra pullback..and smthing with OF + IBH swipe means good entry..and invalidation roughly 50-60 above IBH
12:18 RK : *may not get
12:18 Shai : I’m going with the cash buys and the green intent on this today @RK
12:18 Jitender : k
12:18 Jitender : tx Rk
12:18 RK : yes Shai value higher
12:18 RK : and OF good
12:18 Shai : higher risk but all these banking stocks want up today
12:18 Jitender : ys
12:18 Shai : Icici is the big one for me
12:18 Uttam : @RK but BNF did not have much buys above IBH
12:19 Shai : sbi too
12:19 MJ : Some news in?
12:19 MJ : 12k cr rbi adding is when jit?
12:19 RK : but good RR setup do just trying contra hoping these guys are making up smthing for expiry with such higher grind in BNF with such mechanical weak low in place
12:19 RK : rise and OF suggesting they are trapping buyers with mechanical low at PDH
12:20 MJ : Rk don’t take it all the way to -1 atr from FA 😛
12:20 RK : *so just trying
12:20 RK : Mihir need to sustain below IBH else it wont work
12:20 RK : today
12:21 RK : 36K greens (12:18) Uttam : @RK but BNF did not have much buys above IBH
12:21 RK : that entire bar actually
12:21 Uttam : on yes missed that 36k greens, thanks RK
12:28 MJ : Uttam that blue line on 26020 is?
12:40 MJ : Thanks RK for your context.
12:42 Ravi : @shai bnf longs??
12:44 Uttam : dPOC Mihir
12:44 MJ : Thanks.
12:44 MJ : Looked diff on my screen the colours.
12:45 Shai : Exit the BNF long trade at 26020
12:46 Boppanna : G low crucial in BNF looks like
12:46 Shai : not able to move above IBH
12:47 Uttam : RK doing his best to leave a FA in BNF at top
12:47 Ravi : @Uttam FA ??
12:49 Uttam : BNF has a probable FA at 26080
12:49 Uttam : NF high 10680 & BNF 26080
12:49 Uttam : 25970 test coming in BNF looks like
12:49 Ravi : ok
12:52 Jitender : was waitn fr a dip to 26k
12:52 Jitender : lets c
12:53 MJ : Uttam any previous imp reference between 625 to 655?
12:53 Narendra : @ shai we r still in 10500 pe right
12:54 Uttam : 10657-10700 was selling tail on 17th OCt
12:54 MJ : Thanks.
12:54 Ravi : (12:49) Uttam : 25970 test coming in BNF looks like..How come BNF listens to you @Uttam
12:55 Uttam : lol Ravi 🙂
12:55 Jitender : 26k is TV 200 dma
12:56 Narendra : uttam we r still in 10500 pe right??
12:56 Uttam : yes Narendra very much in it
12:56 Uttam : @Ravi we need to listen to the market not vice versa
12:57 Ravi : (12:56) Uttam : @Ravi we need to listen to the market not vice versa…but vice versa is true in ur case i guess
12:58 Uttam : BNF forming a ledge box here RK? 26030-26000?
12:58 Uttam : getting ready to move away?
12:59 Abhishek : which way? up or down? 😀
12:59 RK : no Uttam
12:59 Uttam : then it will make a bell here with probe downside RK?
13:00 RK : bell dont know but probe down yes greedy 🙂
13:00 Uttam : lol 🙂
13:00 Uttam : ‘I’ period can be whip RK?
13:01 RK : expecting imabalnce down from here Uttam..so lets see
13:01 RK : otf since F high
13:02 Uttam : yep
13:02 Uttam : NF also getting rejected from mornign tail at top
13:02 Shai : path lower in NF has opened up after that BNF upmove got over
13:03 Shai : first time after 10 00 am reds dominating BNF again
13:03 Uttam : 10655 pullback high in NF almost same place where we had the selling tail on 17th OCt
13:04 Miyajan : importance of 17th profile highlighted again,those sellers are not going to give up easily
13:04 MJ : +1 Miyajan.
13:05 Uttam : (12:49) Uttam : 25970 test coming in BNF looks like…Done
13:05 Ashish null : reds below vwap
13:05 RK : 100 pointer BNF
13:05 MJ : That profile has is the line of defence
13:05 MJ : Out with 100 rk 😀
13:05 Uttam : nice RK 🙂 congrats
13:05 Boppanna : +1 RK
13:06 MJ : Kudos RK.
13:06 RK : and 25700 PE now comes free trade..
13:06 RK : for tmw expiry
13:06 Uttam : super
13:07 Jitender : +1 Rk
13:07 Shai : super RK
13:07 Shai : congrats
13:07 RK : thanks Shai and all
13:08 TP : +1 RK , superb conviction.
13:08 MJ : SAR for dpoc visit is on.
13:08 MJ : Will be happy with 26k.
13:09 MJ : half out
13:16 Vivek : shorted NF @ 10627
13:16 MJ : Nice one Vivek.
13:16 Vivek : waiting for 10608
13:16 MJ : Scalps?
13:27 Pradeep : 30 mins ON and no one is chatting here…. perhaps longest period of silence
13:29 MJ : All out (13:08) MJ : SAR for dpoc visit is on.(13:09) MJ : half out
13:32 Pradeep : POC migrated down on BNF
13:34 Boppanna : Europe open jitters
13:34 MJ : 24k at lows bnf
13:34 MJ : +1 bopp
13:34 MJ : and 13k greens too.
13:36 RK : Mihir if he opens the gate then bunky jump btw 700 PE booked 56 half…20 pointer
13:37 MJ : Riding
13:38 MJ : The SAR trade was Pe capital 🙂
13:38 MJ : pwh break and bum bum bole bole.
13:39 MJ : sell intent just crawled up in this single 13.30 13.35 bar.
13:40 Jitender : 25.9pe 125-100…half loss recvrd
13:40 MJ : Kudossss! Jite 🙂
13:40 MJ : knew you’d bounce back.
13:40 Jitender : half 2 go
13:41 Jitender : man tough sitting on yr ass
13:41 Jitender : had a long hedged it & SL gt it..but hedge neutralised it
13:41 MJ : I have a full day break today.
13:41 Jitender : congo M
13:41 RK : Uttam yday LVZ 590?
13:41 RK : NF
13:41 MJ : So many trades on. Thankfully focus is not lost.
13:42 RK : Shai is it possible to add LVZ ref in 5min chart
13:47 ANAND BABU NATARAJAN : 10500pe can we hold
13:47 MJ : Jit dpoc or 26k
13:48 MJ : whatever you give.
13:48 MJ : 😛
13:49 Shai : @RK, just a ref line ?
13:49 RK : no Shai just number in the box is enough
13:49 Shai : yes the 10500 pe is a longer dated put play. It is in positional channel. we will hold till next week
13:49 RK : or ref line also ok visual ref to check OF next day
13:49 Shai : please scroll up logic and discussion is there
13:50 Jitender : spx -10
13:50 Shai : can do ref lines
13:51 Shai : in the box , there is too much info already and can get cluttered
13:52 Shai : BNF was a different auction till that retest of IBH but now syncing fine with NF
13:52 Shai : (13:02) Shai : path lower in NF has opened up after that BNF upmove got over
13:52 RK : fine Shai thanks
13:54 Shai : 10580- 590 zone has to go for an even lopwer close
13:54 Shai : else at 10620
13:54 Shai : Normal day
13:57 Jitender : vix up at 19
13:59 Vivek : 11K at BNF bottom
14:00 Jitender : 26.1 210-261…tx 2 spx
14:00 Shai : STBT – Sell Banknifty 25920 sl of 26097 tgt 25650.
14:00 Jitender : back in green mtm
14:00 TP : +1 jit
14:00 MJ : Super 🙂
14:00 Jitender : tx 2 all the supp here..u guys r super
14:00 Shai : let’s clsoe as a neut ext in BNF
14:00 Uttam : super Jit 🙂 alwasy knew you would bounce back for sure
14:01 Shai : 25440 will be a bonus
14:01 RK : nice jump (13:36) RK : Mihir if he opens the gate then bunky jump btw 700 PE booked 56 half…20 pointer
14:01 Jitender : 26ce is lunch money now
14:01 MJ : +1 Rk. Eyes were watching him.
14:01 RK : lets clear that weak low
14:02 Shai : 10580
14:02 Uttam : confrim the FA in BNG buys
14:02 RK : trapped longs in the rally eyeint that
14:02 Uttam : guys*
14:02 RK : eyieng
14:03 MJ : Fast trades today.(13:38) MJ : pwh break and bum bum bole bole.
14:03 MJ : Vol expansion here in bnf.
14:03 Rushabh : Bounce coming?
14:03 MJ : NF too
14:04 MJ : Still dicey. 551
14:04 MJ : will be very sweet.
14:05 Shai : 25740 close
14:05 Uttam : Shai 25900pe can do 249?
14:07 MJ : Rk you there?
14:07 RK : yes
14:08 MJ : Edge of balance has wild moves right?
14:08 MJ : Like coupling decoupling types?
14:08 RK : edge of balance frustrating grind and wild moves within balance
14:08 MJ : Okay thank you.
14:08 Uttam : RK this could be start of a move down? singles in NF out of range & FA in BNF
14:09 RK : yes Uttam towards that 250 would be nice
14:09 Uttam : +1
14:09 Sandesh : Jittee.. balle balle!
14:09 Uttam : BNF all set to confirm the FA
14:09 Jitender : congo man
14:11 MJ : Defence chalu.
14:11 MJ : 620 close?
14:11 MJ : Ok chief also said that.
14:11 RK : shorts be careful here..if 590 scale means can get VWAP
14:12 RK : NF
14:12 MJ : +1 rk
14:12 RK : break 570 means drop till close
14:15 RK : govinda govinda
14:15 RK : pink band
14:15 MJ : bumbum bole bole 🙂
14:15 MJ : Love itttt
14:15 MJ : let it come RK.
14:16 Jitender : 25.9ce 110-75….m back
14:16 Vivek : game over for longs for the day 🙂
14:16 MJ : Doneeee (14:04) MJ : Still dicey. 551(14:04) MJ : will be very sweet.
14:17 MJ : That cling sound when order hits your pre fed levels.
14:17 MJ : Pricelesssss.
14:17 Shai : FA in BNF
14:17 Shai : 2 FA’s in 2 days
14:21 Jitender : 25k green bnf
14:28 Vivek : @shai need to scroll 30min BNF
14:32 Shai : STBT trade- Book half at 25832 here . Hold some for tom with new SL of 25930
14:33 Miyajan : RK since last 3 or 4 days auction has moved quickly across this zone,10550-10575,LVN of the composite since 2/11,requires some filling?
14:34 Jitender : 25+11+14 k til 820 in bnf
14:35 Jitender : below it ..will gv fast 50 more
14:35 RK : yes 590-540
14:36 Shai : those 4 red bars are nice to see in BNF – 30 mins
14:36 RK : can happen after imbalance and then by pullback and grind
14:36 Shai : was all blue in the morning
14:36 Uttam : so third day in succession NF does 80% on weekly Valu
14:37 Uttam : 10629-10587-10545
14:37 RK : first sign of them were arund 26030 break Shai in 5min bars
14:37 RK : since then no turnaround
14:37 Sumit : spike possible ? in BNF
14:38 Shai : yes RK
14:38 RK : Uttam narrow range week in composite means should reject fast else will get such more and more swipes
14:38 Rushabh : shai pullback to be sold in NF? level to watch now
14:38 RK : overlap week
14:38 Miyajan : Shai you remind me of that eveready ad ‘Give me Red’
14:41 Vivek : 25930 SL hit
14:41 Vivek : @shai
14:42 MJ : 120 done Jitte thanks (14:21) Jitender : 25k green bnf
14:42 Shai : exit from the balance qty in BNF
14:42 Shai : may look at short again near close
14:43 Shai : 10640- (14:38) Rushabh : shai pullback to be sold in NF? level to watch now
14:43 Jitender : algo power in bnf
14:44 Shai : yeah those greens
14:44 MJ : DHI for bnf?
14:44 Uttam : 26010 can resist Mihir
14:45 MJ : Jit double digit the X is at today 🙂
14:45 MJ : Yes Uttam.
14:45 RK : 3-1-3
14:46 MJ : RK yest also we did 3-1-3 midway.
14:46 MJ : And upper half singles were eaten.
14:46 MJ : Repeat?
14:46 RK : dPOC/vwap move
14:46 RK : 45deg
14:47 MJ : +!
14:47 RK : rej again from extn 550
14:47 MJ : Rej dot at the extension. Why I fall in love with MP.
14:47 Uttam : yes RK that is also the weekly VAL
14:47 Uttam : the bracket just exteneded a bit higher today RK?
14:48 RK : yes
14:48 MJ : RK within this big balance now we’d have zone na?
14:49 RK : dont get you
14:50 MJ : We will have smaller balance within this big balance above 480?
14:50 RK : not yet
14:51 MJ : Ok.
14:56 Uttam : BNF may fill up the profile till 26010-30 & most likely both close at dPOC?
14:57 Jitender : lets c if FII have a buy fig in cash 2day
14:59 Uttam : (14:56) Uttam : BNF may fill up the profile till 26010-30 & most likely both close at dPOC?…26028.7 high here so far in BNF
14:59 MJ : 26028 so far(14:44) MJ : DHI for bnf?
14:59 Sandesh : +1
15:00 Uttam : now back to 25950?
15:00 MJ : Uttam time please.
15:00 MJ : 😛
15:00 Uttam : no time looks like for that
15:01 MJ : SC is sweet sweet Potion.
15:01 RK : these buggers flip in no time always between NE and NC 🙂
15:01 Uttam : BNF had huge greens at lows
15:01 MJ : Lol RK.
15:01 Uttam : 65k
15:01 RK : 590-625 was a easy ride
15:01 MJ : Same RK.
15:01 MJ : Just entered a little early. 🙂
15:02 Uttam : BNF high 26029
15:02 Uttam : 25970 at least by close?
15:03 MJ : Uttam take it 🙂
15:04 Uttam : thanks Mihir 🙂
15:04 MJ : 24k at top of that bar though.
15:04 MJ : right at dpoc
15:04 Uttam : 25971 low
15:04 Dr Prajwal : Nf 630 close??
15:05 Uttam : dPOC & vwap both near 10615 so could be close near that Dr.
15:06 Ravi : @Uttam how much buy quantity will consider significant??
15:06 Ravi : in BNF
15:07 Gaurav : Shai, the 10500 put to be carried?
15:07 Uttam : anything above 25k is good I believe Ravi
15:07 Ravi : ok @Uttam Tq
15:07 Gaurav : i had booked profit so wondering if i should buy again
15:09 Uttam : RK BNF has built value higher than the composite today
15:10 Uttam : that FA of today if gets negaed could signal a good upmove in it?
15:10 Uttam : NF is still overlapping as far as Value concenred
15:11 RK : yes Uttam above FA BNF would be a weird beast 🙂
15:11 Himanshu : shai sellers of 10637-10640 still there ?
15:11 RK : we are ready to forget today profile so take us to VAL and below of that composite
15:11 Uttam : 🙂
15:12 Uttam : lovely profile in BNF RK, 25851 was VAH of the composite from where we rejected today leaving a probable FA there
15:12 Himanshu : ohh shai is not here..
15:12 Uttam : but if we get back in that 25850 then VAL of that composite coming as very nice bell it is
15:13 RK : yes
15:13 RK : 1 ATR move whichever FA gives up
15:13 RK : tmw on settlement
15:13 Uttam : +1 so will make sense to buy options combo at open RK?
15:14 Shai : yes – (15:11) Himanshu : shai sellers of 10637-10640 still there ?
15:14 RK : but 3-1-3 and dead between FAs means frustration 🙂
15:14 RK : on expiry
15:14 RK : and last expiry writers did that
15:15 MJ : No rk pleaseee 😉
15:15 MJ : some fireworks are due.
15:15 RK : yeah happened na today..almost caught day high in BNF and you want that to repeat very next day also 🙂
15:15 MJ : 😛
15:16 MJ : thankfully rode both sides. and pingpong in between.
15:16 Uttam : (15:00) Uttam : now back to 25950? BNF makes low of 25966
15:16 Jitender : just out with brk 2day
15:16 Jitender : no loss..no gain
15:16 Uttam : nice Jit 🙂
15:17 MJ : Uttam is just sharpening his precision.
15:17 Uttam : you recovered that is also good for your scales 🙂
15:17 Jitender : consolation prize
15:17 Uttam : such a neat profile in NF, BNF needs to go to drawing classes though 😉
15:18 Uttam : (15:17) Jitender : consolation prize…no consolation this is preservation so that you get the full monty the next day 🙂
15:18 Jitender : hope so..tx 🙂
15:18 RK : POC up Uttam in BNF..so tmw lower value or lower overlap in first session means move down sharp
15:18 RK : for settlement
15:18 RK : where is max pain?
15:19 Jitender : tis last rise from 830 fr 200 points came out of nowere
15:19 Jitender : 27900
15:19 Jitender : 25900
15:19 RK : ok
15:19 Jitender : look at greens cumn in bnf
15:19 Jitender : tey r nt bothered by spx
15:20 MJ : Nor trump.
15:20 Uttam : dPOC in NF shifting to 10597 looks like
15:21 Uttam : thats is why price hovering here at close
15:21 MJ : Uttam almost got 950.
15:21 Jitender : usdinr at DH
15:21 Uttam : 25952.8 only Mihir 🙁
15:22 MJ : 2.8 leave it dost 😛
15:22 Jitender : so bnf was weid in tis rise….
15:22 Uttam : Jit that negated the drive open of morning
15:22 Uttam : NF dpoc comes down to 10597
15:22 Jitender : k
15:22 Ravi : Thank u @Shai and @uttam fr your constant support ..bye
15:22 Uttam : welcome Ravi & have a nice evening
15:22 Ravi : Haapy Evening to all
15:23 Jitender : before 26055 open..bnf may repeat the moves of today
15:23 Uttam : 25950 here Mihir 🙂
15:23 MJ : 🙂
15:24 Uttam : its a prominent POC in BNF today
15:24 Uttam : could either mvoe away from here tom or keep coming back if OF shows contra players
15:25 Himanshu : uttam how r volumes today?
15:25 Uttam : good vols in BNF & average in NF
15:25 Uttam : compared to last week both are good
15:25 Himanshu : okk thanks
15:27 Jitender : congo to all who made money today…u guys r champs
15:28 Shai : tought day in BNF esp
15:28 Shai : could be easier tom
15:28 Uttam : Amen Shai 🙂
15:28 TP : Bye All.
15:28 Jitender : bye all
15:28 Shai : neut centre BNF
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Gaurav : bye
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Himanshu : bye all
15:30 Gaurav : thanks Shai, Uttam, RK. Made some money and understood more than before
09:22 Natarajan : shai, views on maruti
09:26 Uttam : IOC moving away from balance today Shai?
09:34 Gaurav : Shai can I short Reliance Capital November for 220-225?
11:00 TP : Shai views on TATASTELL, id.
13:05 Shai : Maruti 7270- 7300 was expected. Next get up is to 7650 if 7340 is crossed
13:05 Shai : leg up*
13:06 Shai : IOC drive uip not sustaining
13:06 Shai : 144 a supp to watch
13:08 Rushabh : shai dlf below 167
13:08 Rushabh : targets/
13:10 Shai : 252 still a supp i relcap
13:10 Shai : yes breaks lower below 252 for 224
13:11 Shai : 594 inhta supp in tatasteel , below that 587
13:12 TP : tks chief
13:12 Shai : 155 can come again in DLF upmovs to 170 to short now sl abv 174
13:12 Rushabh : perfect shai
BNF
