Order Flow charts dated 16th April 2021

Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.

Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.

NF

Vol Pic2 Nf 9 Order Flow Charts Dated 16Th April 2021 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic Bnf Order Flow Charts Dated 16Th April 2021 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:58 Vtrender Live : 5 min NF charts – https://global.gotomeeting.com/join/975455661
08:58 Chandrashekhar : GM all
08:59 Rohan : GM All
08:59 Ranjith : Gm All
08:59 Ankush Jain : GM all
08:59 Ankush Jain : hope all are safe & healthy
09:00 SandeshJoshi : gm all
09:00 Uttam : Good Morning All 🙂
09:00 Vtrender Live : 5 min BNF ccharts – https://zoom.us/j/8647755698?pwd=U1FVY2NpUXIzZlVWKzc0azhORlNqQT09
09:00 Abhishek : GM everyone
09:00 Bhavin : good morning team
09:01 Uttam : https://vtrender.com/market-profile-analysis-dated-15th-april-2021/
09:03 Arul null : Gm guys…
09:04 Shai : GM all
09:05 Shai : 14625- 655 again the ref zone for the open of today
09:05 Kaustubh : gm guys 🙂
09:05 Shai : 14520 is imm supp
09:05 Shai : 32200 ref zone for the BNF
09:05 Shai : 31850 is now a supp
09:06 Uttam : dPOC shifted higher in both at close yesterday – 14596 & 32190
09:06 Nisha : GM All
09:07 Ankush Jain : what is the signifigance od DPOc shifting higher at close?
09:08 Ankush Jain : staying abv can be bullish & vice versa?
09:08 Surya ganti : longs have booked out
09:08 Surya ganti : i guess?
09:08 Amit null : w
09:08 Ravi : isnt it like the POC of a 5 min bar moving to the top..like a RS?
09:08 Uttam : yes intraday longs booked out at close so would need fresh buying
09:09 Surya ganti : there was huge volume in the last 5 mins yday … is it of any significance UG?
09:09 Uttam : closing of positions
09:09 Ankush Jain : so yesterday’s daily bar is like a RS?
09:09 Uttam : normal feature at close of high vols comign in
09:09 Surya ganti : +1 noted
09:10 Shai : it means auction was not complete and needs an open the next day for the next wave- (09:07) Ankush Jain: what is the signifigance od DPOc shifting higher at close?
09:10 Shai : time wise
09:11 Ankush Jain : Thnx chief
09:11 Shai : volume wise – formation of new MB
09:11 Uttam : 2nd consecutive day both clsed in an imbalance
09:12 Shai : +1
09:12 Ankush Jain : chief OD high should be an imp ref?
09:13 Ankush Jain : 14690 zone
09:13 Aman Singhania : guys iff topic bt plz go and donate ur plasma
09:13 Aman Singhania : ppl r dying
09:13 Aman Singhania : plz help if u hv generated antibodies
09:13 Aman Singhania : m donating for d 2nd tyme today
09:14 Shai : +1- (09:13) Aman Singhania: plz help if u hv generated antibodies
09:14 Uttam : 32539 is the 1atr tgt of the weekly FA in BNF at 30610
09:15 Uttam : Spot equivalent at 32390
09:16 Ranjith : 14646 level still intact UG
09:16 Uttam : 30480 was a weekly VPOC in spot which was defended on Monday
09:16 Ankit Maheshwari : Shai did we remove those italics?
09:16 Ranjith : as mentioned yesterday
09:16 Chandrashekhar : 1019 greens at 645 for now in NF
09:17 Uttam : yes probable RS in the making right at 14645
09:18 Ranjith : 1019 green exactly there
09:18 Uttam : BNF looks like good profit booking happening
09:18 Amit null : why Rs when 1019 are buys
09:18 Ankit Maheshwari : Volumes less right?
09:18 Chandrashekhar : yes speedo going down…120+ to 70 now
09:19 Uttam : probable one but now negated as auction above it – (09:18) Amit null: why Rs when 1019 are buys
09:19 Amit null : 688
09:20 Ankit Maheshwari : those 1000 are stuck
09:20 Amit null : yes
09:21 Surya ganti : what just happened 😛
09:21 Ankit Maheshwari : 80% rule in BNF?
09:21 Ankit Maheshwari : UG applicable?
09:21 Uttam : 14600pe from 161-171
09:21 Uttam : booked as that 14580 seems to be holding
09:22 Sumeet : ditto trade
09:22 Uttam : 14655 got another RS
09:22 Uttam : Shai’s ref also right there
09:22 Uttam : +1 S
09:22 Sumeet : poor 1000 guy… he gave me some greens but must be smarting…
09:22 Chandrashekhar : now Ypoc holding NF now
09:22 Ankit Maheshwari : UG 80% rule in BNF on yesterday’s profile applicable?
09:23 Nagaraj : 14700 PE 200 to 215
09:23 Himanshu : GM all
09:23 Uttam : @Ankit BNF has 2 hvns at 32190 & 31850
09:23 Uttam : which are the references
09:24 Uttam : 32100 ref in BNF
09:24 Ankit Maheshwari : ok
09:24 Nagaraj : BNF has zeroes in the middle in the 2nd candle (down)…
09:25 Abhishek L : wich means
09:25 Uttam : but COT not showing new selling in BNF
09:25 Nagaraj : ok
09:25 Uttam : lets the auction settle down a bit
09:26 Anand : Uttam bhai.. can the 9.20 bar top in BNF be considered an EOA ?
09:26 Uttam : ignore the first 15 mins Anand
09:26 Anand : ok.. noted.. thanks
09:26 Uttam : auction still finding its feet
09:27 Uttam : OA in both for now
09:27 Uttam : so we know what we need to do when its an Open Auction
09:27 Chandrashekhar : +1 Uttam
09:27 Chandrashekhar : be sideways and watch the levels/vol expansion for trade
09:27 Nagaraj : +1
09:28 Uttam : just 10L vols in NF
09:28 Bhishma : OA means SL hunting low vol
09:28 MJ : +1 C
09:28 MJ : wait for our time.
09:29 Uttam : back to that RS of 14655 – (09:21) Uttam : booked as that 14580 seems to be holding
09:29 MJ : Probable dash to 689 in nf?
09:29 Uttam : BNF also now above this – (09:24) Uttam : 32100 ref in BNF
09:31 Uttam : NF taking support at vwap & BNF stalling at vwap – opposite play
09:32 Ankit Maheshwari : 0s at top
09:32 Ankit Maheshwari : lets wait for candle close NF
09:33 Ranjith : 2 rows
09:33 Ranjith : not zero its 8
09:33 S M : Not sufficient to be considered as EOA
09:34 Ankit Maheshwari : oops misread
09:34 Govind : 14670 to 80 is the lowest volume area in this series, fyi
09:34 Ankit Maheshwari : thanks for correcting
09:34 MJ : +1 gov
09:34 Tejaswini : +1 Govind
09:34 MJ : That Gapdown and tonking hasn’t been revisited again.
09:35 MJ : highs of those days 689
09:35 Ankit Maheshwari : Rejection again from 14655
09:35 MJ : There are times those small single print like 8 vanishes on refresh.
09:36 Ranjith : Ok Thanks MJ
09:36 MJ : but the nos below those 0’s aren’t EOA standards.
09:36 Ankit Maheshwari : atleast 4 digits it should be?
09:36 MJ : yes.
09:37 MJ : it is 50/50 as we have a red band there too.
09:39 Ankit Maheshwari : OTF missing
09:39 MJ : 220 bnf reds.
09:40 Nagaraj : +1 Govind
09:40 Shai : BNF and NF are not syncing today
09:40 K2dt : nifty touched monday’s high
09:40 K2dt : spot
09:40 Vishnu : 670-690 still pending k2dt.
09:40 Shai : NF can do 692 abv 650
09:40 Ankit Maheshwari : SL?
09:41 Shai : no positions
09:41 Ankit Maheshwari : ok
09:41 Abhishek L : oky
09:41 Shai : there’s no green to trade that
09:41 K2dt : yes Vishnu nf yet to touch..spot did it
09:41 K2dt : auction is all over the place
09:42 KK : nf vs bnf again
09:42 MJ : Kush what’s the gap in spot terms?
09:42 MJ : 80pts?
09:42 K2dt : haath daloge jall jaoge type auction..yes KK
09:42 MJ : fri-monday gap
09:42 Vishnu : and Nifty future above 14690 will confirm weekly FA and sustains above that can go to 1 atr tgt of 14867 .(str 585). Bnf already confirmed weekl fa but need to sustain above 31900 aiming for tgt 32573 (atr 1963).
09:42 K2dt : nifty MJ?
09:42 MJ : yes
09:42 K2dt : 785-644
09:42 MJ : thanks.
09:42 K2dt : +1
09:43 Vishnu : shai fii fno data iin forum missing .
09:43 MJ : 458 langoor.
09:43 K2dt : this is spot MJ..nf is 810-690
09:44 Ankit Maheshwari : 9613, short -3548 Index data Vishnu
09:44 Ankit Maheshwari : For FII
09:44 Amit null : 688
09:44 Uttam : RM did mention that it was not updated till late last night on the website
09:44 Vishnu : tnx A
09:44 Vishnu : ok
09:44 Ankit Maheshwari : Greens in BNF
09:45 KK : ho gaya.. 688 was high on monday ?
09:46 MJ : +1 kush thanks.
09:46 K2dt : 690 KK
09:46 KK : yup
09:47 K2dt : speedo dropping
09:47 MJ : 9 short (09:29) MJ : Probable dash to 689 in nf?
09:47 Sadees : it shows 0s now.. +1 MJ (09:35) MJ : There are times those small single print like 8 vanishes on refresh.
09:47 MJ : +1 sadees 🙂
09:47 Ranjith : 14800 CE 236 to 222
09:48 S M : (09:45) KK : ho gaya.. 688 was high on monday ? . . . Touched 678
09:48 Govind : High of 680 and supply keeps coming here, is up to the bidders to take them out
09:48 MJ : Big nos there? Gov?
09:48 Uttam : jayega 😉
09:49 Ranjith : 689 above chance of filling gap
09:49 Govind : No MJ, not that big but offers are absorbing everything the bidders are throwing at them for now in this zone
09:49 KK : bnf hi isko layega neeche to
09:49 Ankit Maheshwari : BNF sustaining above VWAP for now
09:49 MJ : thanks.
09:49 MJ : watching 125 on 14700 ce
09:50 Ranjith : UG …. above 14689 chance of touchin 14805
09:50 Ranjith : can that be possibility ??
09:50 Uttam : 14737 / 14790 I am looking for above 14690
09:51 Ranjith : Thnaks UG :)\
09:52 MJ : +200 pts from here (09:39) MJ : 220 bnf reds.
09:53 Rajan Modi : NF premium coiming down
09:53 Uttam : (09:29) Uttam : BNF also now above this – (09:24) Uttam : 32100 ref in BNF
09:54 Ankush Jain : NF challenging 12th April Singles of drive down
09:55 S M : No Volumes to support (09:54) Ankush Jain: NF challenging 12th April Singles of drive down
09:55 Ankit Maheshwari : MJ 206 on top BNF
09:55 MJ : yes.
09:55 MJ : but watch now. till we stay above DOP.
09:55 MJ : and pdh.
09:56 Ankit Maheshwari : yes
09:56 Ankit Maheshwari : Seems like supply around 14680
09:56 Sadees : MJ, what is DOP?
09:56 KK : chalo try in C then
09:56 MJ : day open.
09:58 Himanshu : New sereis so PAx loading will be on till D –
09:59 K2dt : nf done
09:59 MJ : Done and out. (09:29) MJ : Probable dash to 689 in nf?
09:59 Shai : +1
10:00 Amit null : 688 done. no green band.
10:00 MJ : 308 was waiting there.
10:00 MJ : Son of a gun
10:00 Tejaswini : ha ha
10:01 Himanshu : Overnight – 30.5K PE exited at Open – 1 Dt
10:01 Ankush Jain : red band appearing at 690
10:01 Himanshu : and 33K CE – 185-q69
10:01 Himanshu : 185-169 Now
10:01 Himanshu : C
10:01 K2dt : 545-580 32200pe
10:02 K2dt : congo H
10:02 Himanshu : K & MJ cong
10:02 K2dt : tx H
10:03 Himanshu : I feel test of 31440 – guess work
10:03 MJ : cheers all
10:03 Ankush Jain : looks like a good IS bar
10:03 MJ : That was the easier part of the day
10:04 Tejaswini : Market dosnt want to wait for C?
10:04 MJ : 273 nf
10:05 Himanshu : Govind bhai hai room mein
10:05 Govind : Whatsup Himanshu
10:05 MJ : Gov that info helped exiting. Thanks.
10:05 Himanshu : Bhai – Kabhi – kuch lika karo
10:05 Govind : +1 MJ
10:06 Tejaswini : +1. That was a great observation Gov (10:05) MJ : Gov that info helped exiting. Thanks.
10:06 Himanshu : Govind – I read that post of liquidity you posted in Random – is that chart set up in any amibroker etc
10:07 Govind : WHich one, H? I forgot
10:08 Govind : +1 Tejas
10:08 MJ : 273 and 227 nf bnf reds
10:08 MJ : lets see what they do.
10:08 Sanjib : NF readying for a C side??
10:08 Himanshu : The last week or so, its about showing liquidity level when above – the price – it creats supply and then once it dries attracts back to level – till such time liquidity i s not below price level – price can’t move beyond range
10:09 MJ : Ghee shakkar Sanjib.
10:09 MJ : for you.
10:09 Sanjib : 🙂
10:09 K2dt : laluji fase in both
10:09 K2dt : 227- & 273
10:10 Tejaswini : Yup Kush. C side would be great. Demand is getting nicely absorbed in that low volume zone
10:10 Ankit Maheshwari : Red band continuing
10:10 Uttam : A period singles in prev Value is my focus 🙂
10:10 Sanjib : 171 to 179 in 14600 CE – thanks to that 273 stuck red
10:10 Muralidhar Kaja : @Shai based on the last 1 Hr Price Action, can we take the Bias to be Up for NF?
10:11 Tejaswini : What is the range? (10:10) Uttam : A period singles in prev Value is my focus 🙂
10:11 K2dt : bnf has slightly better vols than nf but no direction… and nf has direction but poor vols..:) mkt ka chakkar babu bhaiya 🙂
10:11 Shai : It’s alte to mainatin the bias as up now- (10:10) Muralidhar Kaja: @Shai based on the last 1 Hr Price Action, can we take the Bias to be Up for NF?
10:12 Shai : what’s the next bias point?
10:12 Uttam : RE
10:12 MJ : C period IB ext
10:12 Uttam : vwap ref
10:12 Ankush Jain : bands
10:12 MJ : acceptence/rej
10:12 K2dt : rang ext
10:12 Shai : extensions Guys
10:12 Ranjith : waiitng for that C
10:12 Shai : wait for the proper extension now
10:12 Shai : no trade from open
10:13 Shai : singles of today ramming against the singles if 12th april
10:13 Shai : we wait for that to resolve
10:13 Abhishek : yes 12th aptil 14690
10:13 Naresh : shai tomorrow hdfc bank results , if possible can u plz guide on that
10:13 Shai : one move wa d there to 14690 based on the open – (09:40) Shai : NF can do 692 abv 650
10:14 Shai : but OF was not green enough to trade that comfy
10:14 Shai : hope the process is clear to all
10:14 Tejaswini : Yeschief
10:14 Rajan Modi : yes sir
10:14 Amit null : yes
10:14 Ranjith : Yes
10:14 Shai : we don’t trade stocks for 2 and 3 days here
10:15 Shai : either hold for 3 years or avoid
10:15 Naresh : noted sir
10:20 Himanshu : Seems one more rotation to down is due before extension
10:21 KK : c side would be better considering the volume..post that R:R nice
10:23 Ankit Maheshwari : EOA?
10:23 KK : Aayo aayo re
10:23 Ankit Maheshwari : NO
10:23 S M : Nope (10:23) Ankit Maheshwari: EOA?
10:23 Himanshu : No
10:24 KK : 1062
10:24 Ankit Maheshwari : This 1000 should get us back to vwap
10:24 KK : rangeelo mehmaan
10:24 MJ : haha Dr.
10:24 Himanshu : MJ – this one is father of that sun of the gun of 300
10:24 Ranjith : can traget VWAp chief ??
10:25 MJ : 🙂
10:25 KK : 32500 CE spold at 400, SL 415
10:25 MJ : He sold in 689+10 range
10:25 Amit null : eoa morning greens booking?
10:25 Shai : Short NF 14678 sl of 14707 tgt 14630/ 14600
10:28 Muralidhar Kaja : @Shai is it because of 00s?
10:29 Shai : Hold sl at 14719 on thsi 1
10:29 Shai : yes
10:30 Shai : sl at 14719- (10:25) Shai : Short NF 14678 sl of 14707 tgt 14630/ 14600
10:31 Surya ganti : another 532?
10:31 Bhishma : 1962 defending
10:31 Bhishma : 1062*
10:32 Shai : sl revision is to wait out the C period
10:32 KK : now if 670 breaks, we are on
10:34 Prashant : yes kk, but is the auction over to the upside?
10:34 Shai : yes dpoc shoukd have brokem
10:36 MJ : chief they are selling right at that monday highs
10:36 MJ : too mechanical?
10:36 Uttam : BNF silence before the storm looks like
10:36 Prashant : shai, can short if breaks ibh?
10:37 Surya ganti : we are already in a short prashant
10:37 Surya ganti : was thinking the same MJ.. cud be the same sellers
10:38 Amit null : ibh
10:38 Amit null : ibh
10:38 Prashant : fresh one…i exited when it reversed ffrom 675
10:39 Prashant : c>b>a
10:39 Vishnu : are we going for 14867?
10:40 KK : but Vishnu, look at volumes , lowest in 4 days
10:40 Prashant : chat keeps refreshing
10:40 Ankush Jain : chief why is toolbox appearing on right side?
10:40 Ankush Jain : can it be hidden?
10:42 Vishnu : yes kk . but we did extension and A singles there. seems can fry in afternoon.
10:43 KK : got it.thanks
10:43 Ankush Jain : D here
10:44 KK : might form a balance here, as well like it has been doing for e days..250 point range..
10:45 Jitender : guys..wat does profile so far tells you ?
10:46 Jitender : bnf
10:46 KK : BNF 32500 CE 400 to 355..booked
10:46 Ankit Maheshwari : Rejection above PDH
10:46 Muralidhar Kaja : BNF Balanced… NF P…(10:45) Jitender : guys..wat does profile so far tells you ?
10:46 MJ : jit dpoc shifted upwards? and pdh couldnt be taken out.
10:47 Jitender : correct ..its MB…with singles both sides (10:46) Muralidhar Kaja: BNF Balanced… NF P…(10:45) Jitender : guys..wat does profile so far tells you ?
10:47 K2dt : balance day?
10:47 Jitender : and in upper region of yday
10:47 K2dt : +1
10:47 K2dt : buyers came come again then right jit?
10:47 Jitender : so as Shai…says bias slightly up….and extensions either side will change/confirm bias
10:48 K2dt : +1
10:48 Bhishma : Normal day so far?\
10:48 Bhishma : bmnf
10:48 Vishnu : 14685 above nifty can go tag weekly vwap 14810?
10:48 Jitender : usually wait till 12-12.30 to predict day profile
10:49 Jitender : hope all clear…rest u r gus r good n quick ID traders
10:49 Jitender : guys
10:49 K2dt : for bnf specifically Jit ur can follow this for nf too ?(10:48) Jitender : usually wait till 12-12.30 to predict day profile
10:49 Jitender : yh
10:49 K2dt : or*
10:49 K2dt : tx Jit
10:50 MJ : Thanks J
10:50 Sanjib : chart stuck in room
10:50 Jitender : +1 …..
10:50 S M : charts have stuck
10:50 Bhishma : yes room charts stuck
10:51 Favas : jit story is pending
10:51 Favas : 🙂
10:52 Muralidhar Kaja : No Screen
10:52 Himanshu : Chal Dhano,,
10:52 Uttam : reset happening
10:52 Ankit Maheshwari : NF they are playing with prem
10:54 Jitender : k..one more question….profile wise wat wud aggro trader use to establish his bias–quick trade or otherwise ?
10:54 MJ : Value zone validation?
10:55 Uttam : dead volumes in BNF with A period aingles at bth ends so till we get vols in it auction is not going anywhere
10:55 Kannan null : laptop hung.. just joined in mobile.. are we holding short trade?
10:55 Prashant : tpo excess?
10:55 Kannan null : have kept SL at 14719
10:55 Uttam : (10:30) Shai : sl at 14719- (10:25) Shai : Short NF 14678 sl of 14707 tgt 14630/ 14600
10:55 Kannan null : thanks UG
10:56 Uttam : +1 _/\_
10:56 Prashant : chalo..
10:56 Prashant : vol low though
10:57 Ankush Jain : dPOC todo koi
10:57 Nagaraj : Yes
10:57 Sumeet : vwap darshan toh banta hai
10:57 Tejpreet : Shai that SL modification was a masterstroke +1
10:57 Surya ganti : +1
10:58 Surya ganti : else we wud all have been stopped
10:58 Sunil : +1
10:58 Tejaswini : +1
10:58 Rajan Modi : thats y he is chief _/\_
10:58 Uttam : 🙂 +1000
10:58 Ankush Jain : ambuja cement se bana hai dPOC aaj
10:59 Nagaraj : +
10:59 Surya ganti : ping pong from dpoc to 690
10:59 Nagaraj : +1
10:59 Uttam : move away on vols will be nice A 🙂
10:59 Jitender : vwap +-dpoc (10:54) Jitender : k..one more question….profile wise wat wud aggro trader use to establish his bias–quick trade or otherwise ?
10:59 Arul : can we see live market profile chart in mplite
10:59 Uttam : yes Arul they are live
11:00 Nagaraj : 14700-PE 162-170 wouldnt have been possible but for Shai’s SL modification
11:00 Arul : Uttam I couldnt select todays date
11:00 Uttam : todays profile will come automatically
11:00 Uttam : post 6pm only the date gets added to the top box
11:01 Uttam : https://mplite.vtrender.com/?symbol=NIFTY_E29-04-2021&tf=daily&tpo=4&ll=&ul=&sp=1&startDate=07-04-2021&endDate=&nDays=0&idstr=&dstr=_5&rst=0&iam=
11:01 Jitender : ys Favas..it is
11:01 Arul : Got it. Thanks. It was coming from my cache memory which i looked previously. Thanks!
11:01 Jitender : will do it offline
11:01 Ranjith : DPOC 14667
11:02 Favas : okey
11:02 Uttam : +1 Arul
11:02 Ankit Maheshwari : VWAP rejection BNF
11:03 Kannan null : red bands.. chalo NF..
11:03 Ankush Jain : toota?
11:03 Uttam : finaqlly C side gives vwap in NF
11:03 Tejpreet : got my vwap and 30 in F , just holding 147 pe now
11:04 Jitender : +1
11:04 Uttam : +1 Tej
11:04 Shai : Book at 14667 fully for now- 10:25) Shai : Short NF 14678 sl of 14707 tgt 14630/ 14600
11:04 MJ : cheers tej
11:04 Tejpreet : +1
11:04 Tejpreet : tks MJ
11:04 Ranjith : book 672
11:04 Tejpreet : tks Uttam
11:05 Shai : +1
11:05 MJ : round two vwap bounce?
11:05 MJ : first one came at end of B period.
11:05 MJ : had reds stuck.
11:06 Shai : we respond if vwap goes or E makes a HH
11:06 Tejpreet : +1
11:06 Tejaswini : +1
11:06 Ranjith : SL modification was really good decision.
11:06 MJ : +1 chief
11:06 MJ : (10:08) MJ : 273 and 227 nf bnf reds
11:08 Sumeet : looks like shooting for upside re
11:08 Kannan null : both buyers and sellers are getting puked when they get stuck.. that too so fast..
11:08 Shai : yes was obvious they were hunting stops – (11:06) Ranjith : SL modification was really good decision.
11:09 Ranjith : True
11:09 Sumeet : indecisive auction
11:09 Shai : +1
11:09 Shai : so what do we do?
11:09 MJ : AMA
11:09 Rajan Modi : we wait 🙂
11:09 Sumeet : wait for volumes
11:09 Ankush Jain : save emotional capital
11:09 Sandeep Partham : wait
11:09 Sumeet : haha ama…
11:09 Ankit Maheshwari : Storytelling by Jit
11:09 JayJ : quick
11:09 Shai : Cheers
11:10 Shai : I belive we have warriors here not ordinary traders 🙂
11:10 Ankush Jain : 🙂
11:10 MJ : And you are our ZEUS!
11:10 Sumeet : this is like free period in school… deciding what to do when teacher(volumes) absent
11:10 MJ : chief not possible without the system you’ve made us watch for so many years.
11:10 Shai : +1
11:11 MJ : 424 guy.
11:11 KK : yes that one
11:11 Surya ganti : nice flag
11:11 Shai : MJ is on some greek island now? – (11:10) MJ : And you are our ZEUS!
11:11 Surya ganti : lol
11:11 Uttam : 🙂
11:11 Prashant : tussle that one
11:11 Surya ganti : good time be to be away with increasing covid cases 😀
11:11 MJ : Room: The reason I mention upside down guys is there are times we might miss nos. And the idea is to get most milage together as a room.
11:11 Shai : +1 MJ
11:11 Jitender : hope he is wearing the mask at right place 🙂 (11:11) Shai : MJ is on some greek island now? – (11:10) MJ : And you are our ZEUS!
11:12 Sumeet : lol
11:12 Rajiv Ohri : 🙂
11:12 Ankit Maheshwari : l
11:12 Ranjith : MJ 424 can bring down nifty ..
11:12 Surya ganti : rofl
11:12 MJ : Chief, kaha ! 🙂 Had plans to go back to Himachal. But lockdown 🙁
11:12 MJ : Watch it Ranjith.
11:12 MJ : let this candle finish.
11:12 Ranjith : Thanks 🙂
11:12 Ankush Jain : no lockdown in Himachal
11:12 MJ : Vwap has been defended.
11:12 MJ : so D or E wants to go higher high?
11:13 Shai : All in good time MJ.
11:13 MJ : jit 🙂
11:13 S M : Todays day is like . . . SHORT at 705 and Long at VWAP
11:13 Shai : This is survival mode. Health comes first always
11:13 Sumeet : D desperately wants its name on a standalone tpo ; alas
11:13 MJ : +100 chief. true that.
11:13 Uttam : satyavachan – health is wealth
11:14 MJ : If someone showed us health in form of MTM. We as traders will be in gym everyday morning before the markets starts.
11:14 Arul : is the volume low today?
11:14 MJ : Shai: one question for you. When nf and bnf profiles are trying to do different things, when is the truce usually decided? anything worthy to watch for that?
11:15 Govind : 14700 offers keep reloading
11:15 Tejpreet : Guys a request for any software engineer in the group …..have a small job for indian army but budget is quite low….can dm me on slack to discuss this.Thanks
11:15 Jitender : Gov…its mid of 14400 & 15k broadly
11:16 Jitender : large composite
11:16 Govind : yes, very large Jit….
11:17 KK : bnf 378 for 340
11:17 KK : ?
11:17 Govind : will find resistance until 740 and can get a good move above that
11:17 Tanuj : @shai, the 1062 Sell in the 10.20 candle, does it hold significance?
11:17 Ranjith : Onr question if anyone can answer please
11:18 Ranjith : Trapping of this big red greens givesd good results or vice versa
11:18 Rajesh G : bnf has sellers around vwap since last two days and tday, and it moves up from there, will it rpeat it tday
11:18 Himanshu : Jit R u reffering 8th to 15th Comosite in NF
11:18 Surya ganti : again reds
11:18 Jitender : range composite broadly H
11:19 Sumeet : 758 reds again
11:19 Ankit Maheshwari : RS
11:19 Sumeet : 758+178
11:19 Tejaswini : Could be SLO
11:19 Surya ganti : slo shud be green right?
11:19 Ranjith : +1
11:20 Himanshu : Ok – Ye kaun chitrakr hai .. in NF 712
11:20 Jitender : Ranjith..today is a slow mkt..u will pick numbers easily..use tem to educate you…but mkt has vols…lot of them appear…and u have to use them in conjunction with context and at ref lvls ideally….lookn for followup / rejection
11:20 Bhishma : Long unwinding from yesterday?
11:20 Jitender : *wen mkt has vols
11:20 Surya ganti : possible
11:20 Himanshu : At Chief;s given SL – Supplier is waiting ..
11:20 Ranjith : Thanks Jit
11:20 Govind : H, like Shai professes, look at the series/weekly and daily composites and weekly as well….helps very much
11:20 Jitender : using OF is also art…..LLt is science
11:20 Bhishma : short on Nifty exited here H
11:21 Himanshu : No – I exited at cost
11:21 Himanshu : just was off to loo and it kissed Vwap an dturned ,,
11:21 Himanshu : so .. 14989 – 14986
11:22 Himanshu : It needed to break that VPOC – 14672 with bholume –
11:22 Himanshu : but since no bholume so -covered
11:22 Uttam : 14600ce from 180.6 to 198.6 & 50% out after that rejection at vwap
11:22 Uttam : chal dhannio
11:23 Tejpreet : +1
11:23 Jitender : dhannio…looks italian 🙂
11:23 Uttam : (10:10) Uttam : A period singles in prev Value is my focus 🙂
11:23 Uttam : 🙂 i galti se aa gaya
11:23 Jitender : all r thinking exotic today
11:23 KK : 261 in BNF
11:23 Himanshu : NF has taken Vaccine – BNF is covid positive
11:24 Himanshu : haha
11:24 Uttam : BNF needs vols
11:24 Himanshu : Weekend ..
11:24 Uttam : BAba absent today
11:24 KK : 3 greens , will stuck if goes below VWAP
11:24 Himanshu : All Pune- Delhi – Mumbai – Banglore guys are dreaming early beer
11:24 Himanshu : Me I am left to drink – Kadha
11:24 Sadees null : chief’s 14719 is not visited yet
11:24 Surya ganti : idk.. im not a lover of beer
11:24 Surya ganti : scotch any day 😀
11:25 Surya ganti : 718.5 visited sadees.. almost
11:25 Himanshu : Aap Surya ho
11:25 Himanshu : Itni garmi mein Whisky
11:25 Sadees null : 0.5 less na Surya 🙂
11:25 Surya ganti : you get used to it H
11:26 Surya ganti : also beers are very expensive in andhra
11:26 Himanshu : Me I have one bottle of Shivas since 2017 –
11:26 Uttam : where is 14737? – (09:50) Uttam : 14737 / 14790 I am looking for above 1469(09:50) Uttam : 14737 / 14790 I am looking for above 14690
11:26 Uttam : 1.5 ib also at 14742
11:26 Himanshu : never opened ..
11:27 MJ : sold with 831 invalidation 14738
11:27 MJ : in F and pes.
11:27 Ankit Maheshwari : +1
11:27 Rajan Modi : in last bar, Nifty spot didnt make neww high
11:27 Ankit Maheshwari : 173+831+355+249
11:28 Uttam : above prev day value and today above vwap with A period singles
11:28 MJ : will be quick
11:28 Uttam : NF has a clear bias
11:28 Ranjith : upside
11:28 Prashant : yes ankit…with those numbers, still nf not falling
11:28 Uttam : whereas BNF still in medidation mode
11:28 Surya ganti : is it doing a good job witht hat bias is the question though
11:31 MJ : Gaps are invisible tails.
11:32 MJ : Match up of monday profile vs today.
11:32 Amit null : but then the top of of gap is the tail end point
11:32 MJ : tail end point + 110 pt Gap. That makes it the invisible singles.
11:33 Surya ganti : so until 808 is taken out with volumes, the gap shud work as resistance ?
11:33 MJ : Yes.
11:33 MJ : Mid of gap can be inventory adj zone.
11:33 Amit null : ok
11:34 KK : UG, 737 chalo..why delay
11:34 MJ : kk 680 karke chale?
11:34 Uttam : MJ shorted na so not going NF
11:34 Ankit Maheshwari : 🙂
11:34 Rajesh G : mj long in bnf
11:35 MJ : whats your invalidation? Rajesh?
11:35 Rajesh G : vwap -50 points
11:35 MJ : +1 cheers
11:35 KK : whats better 14700 CE or 14600 ?
11:35 Ankit Maheshwari : 14600
11:36 KK : tx Ankit
11:37 Rajesh G : mk that 206-107
11:37 Rajesh G : *mj
11:38 Arul : Premium eating day
11:38 Arul : last 90 mins in same range of 100-150 points
11:39 Ankit Maheshwari : PE premium increasing a bit abrupt
11:39 Himanshu : 47 L – NF & 7 L in BNF –
11:39 Himanshu : PE- CE volume – usually I see corrective move at 1 CR diff in NF and 25/30 L in BNF
11:39 Arul : botn NF & BNF holding VWAP
11:40 Himanshu : And now
11:40 Surya ganti : another dpoc/vwap darshan ? 😛
11:41 Ankit Maheshwari : This gives a bit of indication (11:39) Ankit Maheshwari: PE premium increasing a bit abrupt
11:41 MJ : 691 part out (11:27) MJ : sold with 831 invalidation 14738
11:41 Ankit Maheshwari : Why out MJ?
11:41 Ankit Maheshwari : Red band continue
11:41 Ankit Maheshwari : I m still in
11:41 Surya ganti : not much volume i guess
11:41 MJ : volume
11:41 MJ : fryday
11:41 Ankit Maheshwari : ok
11:41 MJ : afraid of low vol swipes
11:42 Surya ganti : +1
11:42 MJ : and as we’ve done CDE higher high.
11:43 Jitender : b,c,d,e all inside (10:47) Jitender : correct ..its MB…with singles both sides (10:46) Muralidhar Kaja: BNF Balanced… NF P…(10:45) Jitender : guys..wat does profile so far tells you ?
11:43 Tejaswini : In BNF we have B inside A and CDE inside B. Lot of coil
11:43 Ankit Maheshwari : Out 50% now
11:44 Sanjib : 14710 to 14682 closed
11:45 Govind : Sanjib, howas that Wipro earnings trade 🙂
11:46 Muralidhar Kaja : Sanjib was this trade taken due to the red band? (11:44) Sanjib : 14710 to 14682 closed
11:46 Sanjib : don’t trade Wipro, erratic volumes. Traded INFY yesterday though; average
11:46 MJ : TSL 689 for me now.
11:46 Govind : is this Sanjib C?
11:46 Ankit Maheshwari : 14695 for me
11:47 Sanjib : No Murali, trade was initiated seeing the 831 red and closed at 30 minute yellow target (14680.6). I closed at 14682
11:47 Ankit Maheshwari : 2nd IS since then
11:47 Sanjib : Yes Gov :-)(11:46) Govind : is this Sanjib C?
11:47 Govind : +1
11:47 Sanjib : why? 🙂
11:48 Govind : just checking, I think there is another Sanjib here
11:48 Surya ganti : vwap darshan
11:48 Sanjib : OK
11:48 Ankit Maheshwari : IS below VWAP in BNF
11:48 MJ : 🙂
11:48 KK : bNF balance banao, yaar
11:48 Surya ganti : ouchh i exited shorts too early
11:49 MJ : 75% out vwap–
11:49 MJ : tsl 680
11:49 Ankush Jain : IBH ext failure abd IS at vwap/dpoc
11:49 Ankit Maheshwari : Out 100%
11:49 MJ : cheers guys
11:49 Ankit Maheshwari : +1
11:49 Ankit Maheshwari : Red band over and I am out
11:49 Prashant : +1 ankit
11:51 Shai : +1
11:51 MJ : nice trade management ankit.
11:51 KK : 31700 PE 386 to 362 on that 436 red in BNF..SHort miss ho gaya.
11:51 Ankit Maheshwari : Thanks to all greens 🙂
11:52 Arul : booked a 10 pointer in 31900
11:52 Arul : today BNF swiping out both sides of VWAP…
11:52 MJ : jit bnf goes to other side of the belly and bounces with 436 at low.
11:53 Muralidhar Kaja : Thanks…(11:47) Sanjib : No Murali, trade was initiated seeing the 831 red and closed at 30 minute yellow target (14680.6). I closed at 14682
11:53 Jitender : ys M…good day
11:53 MJ : 🙂
11:53 Jitender : so far
11:53 MJ : fryday lakshan ni dera so far.
11:53 Ankit Maheshwari : shai did that 1000 guy exited? Any insight?
11:54 Shai : yes 3/4 th out at 14711
11:54 Ankit Maheshwari : ok
11:54 Arul : Ankit which candle 1000 guy?
11:55 Sumeet : 1015 i think he was
11:55 Arul : Anybody can you please… what is the emphasis of big order in buy side marked in red box?
11:55 Ankit Maheshwari : Red band continues in BNF
11:56 Ankit Maheshwari : VWAP rejection now it seems, waiting for volumes
11:56 Rajiv Ohri : Chalo now fill up a part og yesterdays profile!
11:58 Sanjib : BNF 3-1-3 on a fryday?
11:58 Ankit Maheshwari : 14600PE writers exiting?
12:00 Ankit Maheshwari : VWAP todo
12:01 Ankush Jain : tootta hee nahin
12:02 KK : 950 then ?
12:02 Ankit Maheshwari : doom doom
12:03 MJ : 3rd is
12:03 Shai : Shiort NF 14655 sl of 14693 tgt 14602/ 14580
12:03 Uttam : vwap gone
12:04 Ankush Jain : finally
12:04 MJ : bnf late reds?
12:04 Ankit Maheshwari : 3IS
12:04 Ankush Jain : RE failed, so bias is down with vwap gone
12:05 Ankit Maheshwari : give me 1 more
12:09 Ankit Maheshwari : 14660 POC last 3 candles
12:10 Tejaswini : +1 AM
12:10 MJ : G cometh
12:13 Ankit Maheshwari : 202 above VWAP
12:13 Sanjib : 202 – cute SL 🙂
12:13 MJ : 🙂
12:14 MJ : isnt OF just bloody awesome?
12:15 Ankit Maheshwari : one more VWAP rejection
12:15 Uttam : 14681 that 30 min ref in NF rejection
12:15 Ankit Maheshwari : Get me the doom doom
12:17 MJ : bnf needs to show some signs.
12:17 MJ : tight profile so far
12:17 Ankit Maheshwari : 14655 also morning ref
12:17 Uttam : once again 32100 got defended in BNF
12:17 Uttam : weak below it if sustains
12:18 Uttam : BNF has been in the 2nd 5min bar of the day
12:18 Uttam : 32365-31986
12:18 Shai : exit the NF shorts at 1466- c,p
12:18 Shai : those who want to hold mainatin strict SL at 14693
12:19 Shai : bias down but vol missing
12:19 Shai : can go either way next 40
12:19 Amit : exit
12:19 Tejaswini : +1 Chief
12:19 Ankush Jain : vwap not getting broken decisevely
12:24 Amit : 616
12:24 Anand : 11:54 Shai : yes 3/4 th out at 14711 Chief… how were u able to identify that the big seller of 1000 odd exited at 14711 ? There was only a big red of 831 there.. no SL greens either..
12:25 Shai : 750 at 14701** not 711
12:27 MJ : Bnf reds coming in small batch.
12:27 Anand : _/\_
12:27 Ankit Maheshwari : locals
12:27 MJ : haan.
12:27 Ankit Maheshwari : 14655 todo
12:28 MJ : bouncing from dval
12:28 MJ : bnf to get into dval?
12:28 Uttam : A period singles holding in NF for now
12:29 MJ : sukha pada hai in vols.
12:29 Ankit Maheshwari : volumes too less
12:32 Ankit Maheshwari : 221 flag?
12:32 MJ : Shai: What condition triggers these transition bars?
12:32 Ankit Maheshwari : Imbalance I think
12:32 MJ : anyone else knows?
12:34 Uttam : Note on newly added transition bars – Have added transition bars to all 5 minute charts. These are “transitions” or areas where the auction shifted in the 5 min TF. These also are high volume zones >2000 contracts and the market would speed up when these bars appear / be on the lookout for transitions and be quick when you see them. The highs and lows of these bars become immediate support and supply and only 1 transition in either green or red can break another / they will appear as bars live when transition is happening
12:34 Himanshu : Reuslts of ICIC B and HDFCB is not out yet to insiders its eems
12:34 Uttam : https://vtrender.slack.com/archives/C0N9BFAF4/p1615200459004900
12:35 Tejaswini : What an exit chief
12:35 MJ : thanks ug
12:37 Rajan Modi : again good call Shai _/\_
12:37 MJ : bnf greens sl triggers?
12:37 Rajan Modi : money saved is money earned 🙂
12:38 MJ : so ug 662 support
12:38 MJ : and bnf 121
12:41 Uttam : has been a pretty low volume bar both
12:42 Uttam : forming a ‘p’ profile NF
12:42 Uttam : BNF a miniature 3-1-3 for now
12:43 MJ : 3-1-3 profile be with the tail that gets gobbled if thats happening.
12:44 Ankit Maheshwari : volumes
12:45 MJ : H is here
12:46 KK : F high pakad ke baitha hai 690 pe
12:46 MJ : sodnar?
12:46 Uttam : going to VAL? – (12:42) Uttam : forming a ‘p’ profile NF
12:47 Uttam : VAH sorry
12:48 MJ : Out ces (12:28) MJ : bouncing from dval(12:28) MJ : bnf to get into dval?
12:48 Ankit Maheshwari : If now BNF reject from VWAP
12:49 MJ : prev 5 min bar poc to be watched.
12:49 KK : +1 Ankit
12:49 Arul : 2IB with BNF above VWAP
12:50 Arul : but volumes low
12:50 Uttam : chota 14600ce trade from 178-186 as magaed to stay above VWAP tthat CE
12:51 Uttam : VAH here in NF
12:51 MJ : DHI in H with EOA?
12:51 Uttam : vols still low in NF too
12:51 MJ : Lets?
12:51 Uttam : so not holding on
12:52 Ankit Maheshwari : Reds near VWAP in BNF
12:52 Uttam : BNF is forming a balance
12:52 Uttam : prominent POC in the making for now
12:55 KK : this 432 green may spoil the VWAP reject trade
12:55 MJ : 331 uske saamne bhi aaya
12:55 Ranjith : 32190 wre max vol were traded ydy
12:56 Uttam : can H make the hammer move today?
12:56 Himanshu : No am taking lunch soon
12:57 Himanshu : After lunch Hammer slips
12:57 Himanshu : Sleeps
12:57 KK : lets go
12:57 KK : H . wait on;ly 5 min
12:57 Surya ganti : looks likme a long hioliday 😀
12:57 Himanshu : Ok am out on 31500 PE – today ping pong
12:57 Himanshu : a exiting at cost or – 10 max
12:58 MJ : bnf upto something.
12:58 Himanshu : Yes – but week end has result so .. OTF in spot inactive I guess
12:58 Himanshu : in ICICB and HDFCB results
12:59 Himanshu : Move may be after result on Monday
12:59 Himanshu : It wil cut both side of Straddle and Stangel writers I guess ..
13:00 Himanshu : Till Then Eat – Small chops
13:00 Ankit Maheshwari : I see small reds in BNF
13:00 Ankit Maheshwari : Seems like exit of last green band
13:02 Ankit Maheshwari : Red band in NF continuing
13:05 Bhishma : 727
13:05 Himanshu : HDFCB – resulst not bright – Pressure on NIMs – so
13:05 Himanshu : washout move today seems
13:09 Chetas : hdfcbanik results out?
13:10 MJ : 297
13:10 MJ : bnf
13:10 Ranjith : it tomorrow
13:11 Shai : 1402 is yesterday’s big buyer in hdfcbank
13:11 Shai : no signs of liquidation yet
13:12 Tejaswini : +1 Shai
13:12 MJ : chief 1353 lows too had a big buyer
13:14 Himanshu : Ok Chief
13:16 Shai : yes just checked prev days
13:16 Shai : they have accumulated 1350- 1386 also
13:16 MJ : The world famous 200 ema buy
13:16 Shai : looks like 20% excel of Puri is working again 🙂
13:16 MJ : has happened there.
13:17 MJ : 🙂
13:17 MJ : 1350 was 200 ema
13:17 Surya ganti : what is 20% excel of puri chief?
13:17 MJ : haha
13:17 Prashant : 20% q growth, no effect of anything
13:18 Shai : one slam down to 14600 should come
13:18 Shai : been waiting for it
13:18 MJ : bnf nf needs a mediator and @shai can be the best one.
13:18 Shai : but diff to execute
13:19 Shai : too much coild at vwap/ dpoc
13:19 Ankush Jain : yes
13:19 Ankush Jain : FRYday setting up maybe
13:20 Ankush Jain : B&F similar lows of 644
13:21 MJ : every dip has a upside down bugger messing it
13:21 MJ : bnf
13:22 MJ : sellers doing bad job chief?
13:24 Surya ganti : everyone doing a bad job
13:24 MJ : lol
13:24 Ankit Maheshwari : typical locals in play\
13:24 Jitender : writer’s delight (10:47) Jitender : correct ..its MB…with singles both sides
13:24 MJ : +100
13:24 MJ : jit
13:26 Arul : 2 hours…. 32600 ce & 32700pe together 40 points premium gone…
13:27 Himanshu : Yes both are doing bad job and hence am no gping for lunch
13:28 Arul : if the MP for the day continues to trade in P zone then another 50 points will be taken away
13:29 Shai : watch the volumes into J and K
13:29 Shai : we will know if OTF wants to come back
13:29 Shai : BNF is normal
13:30 MJ : Last 2 days J has been the mover.
13:30 Shai : NF has singles below and range extension failure
13:30 Shai : so even also
13:30 Shai : if OTF comes back we will see a FRYDAY move
13:31 Milind : Significant Greens in the past 4 candles but price is not moving up.
13:32 MJ : Looks like greens stuck in blr traffic jam.
13:32 Arul : Watching for volumes…..
13:35 Ankush Jain : since beginning of B the coil happening
13:41 MJ : 257 wale bhai
13:45 Ankit Maheshwari : J here
13:48 Ankush Jain : arrey Nifty aise kaise hoga
13:51 MJ : the amount of upside downs aaj
13:51 MJ : 🙂
13:55 Ankit Maheshwari : K the killer today?
13:55 Uttam : J abhi baaki hai mere dost 😉
13:56 Ankit Maheshwari : UG ur bias is long right? above PDH?
13:56 Ankit Maheshwari : and VWAP..
13:56 Uttam : bias was long and hence had entered the CE but once vwap broke auction forming a balance
13:57 Prashant : eyesight ki watt lag rahi hai..
13:57 Uttam : ‘p’ in NF
13:57 Uttam : 3-1-3 in BNF with a prominent POC
13:57 Uttam : volumes based move or RE comes then we have a Fryday on cards
13:58 Uttam : RE = Range EXtension
14:00 Ankit Maheshwari : 925 BNF
14:00 Uttam : (13:55) Uttam : J abhi baaki hai mere dost 😉
14:02 Ankit Maheshwari : Volumes in BNF
14:02 MJ : 1127 reds bnf
14:03 Rajan Modi : with 0s in middle
14:03 Yash : that is dump in hdfc bank
14:04 Yash : looks like results are out
14:04 Sunil : 1182 lots
14:04 Himanshu : Jit – Your yday Algo level 3200-20 acting here also
14:06 Arul : volumes picking up….
14:06 Surya ganti : fryday getting ready for the fry
14:07 Arul : MJ: +1
14:07 Jitender : yes H…profile supp at 960-32k
14:07 Abhishek L : ref zone for bnf now @uttam
14:08 Uttam : if IBL breaks next ref only at 31850 in BNF
14:08 Uttam : but sellers unable to puch it
14:08 Surya ganti : strtange looking at that vols
14:08 Uttam : push*
14:08 Uttam : still in A period range BNF
14:09 Uttam : could get back to dPOC now prominent one and balance today
14:11 Jitender : dhannio…undecided today..between stable and galloping
14:12 MJ : lol
14:13 MJ : Jit K fireworks on this kinda profile possible?
14:13 MJ : bnf
14:13 Ankush Jain : K bhi aa gya
14:13 Jitender : lets c MJ
14:13 Surya ganti : if it goes back to dpoc that shud be fireworks i guess 😛
14:14 MJ : that 1182 has managed to give 90 pt rise so far.
14:17 Ankush Jain : ibh-dpoc-vwap-dpoc-ibh
14:21 Uttam : 32k ce from 522-555 50% out – (14:09) Uttam : could get back to dPOC now prominent one and balance today
14:21 Uttam : boom boom
14:21 MJ : Jebaat
14:21 Uttam : rest out at 595
14:21 Surya ganti : whoaa
14:22 Uttam : (14:08) Uttam : but sellers unable to puch it
14:22 Uttam : KISS 🙂
14:22 Surya ganti : 32090-200
14:22 Uttam : abhi vols aaya
14:22 Surya ganti : shud have trailed.. but its okay 🙂
14:22 MJ : 360-460 32300 ce part out on that 1k bnf
14:24 Uttam : ‘p’ plus spike anyone in NF?
14:24 Swapnil : 32.5CE 294 – half out at 340 Thanks MJ today also (14:14) MJ : that 1182 has managed to give 90 pt rise so far.
14:24 Surya ganti : another 1011 reds in nf?
14:24 MJ : Cheers swapnil
14:24 Surya ganti : yeah thanks MJ and UG
14:25 Uttam : cheers guys 🙂 +100
14:25 Surya ganti : i dont touch BNF these days on my own.. too much of a wild beast
14:26 KK : 31700 PE from 378 to 296, NF 14600 172 to 203..NF was lucky punt..BNF based on those reds at lows..
14:26 MJ : Sharp shooter KK
14:26 MJ : Cheers.
14:26 Uttam : BNF can blast
14:26 Uttam : bathi jal gayi hai
14:26 KK : on a day like this, only volumes can be brought above VWAP by large reds at lows
14:26 MJ : Guys tsl
14:27 MJ : keep tsling
14:27 Bhishma : 1022
14:27 KK : it has to go back now to balance at VWAP, BNF, Jit ?
14:27 MJ : Sellers have entered.
14:27 KK : 1112 green comes
14:27 MJ : both index.
14:27 Uttam : 32250 ref in BNF needs to stay above
14:28 MJ : bnf wide poc will need too much fuel to go up?
14:28 Uttam : volumes have coming MJ for a move away but need to sustain
14:28 KK : 32500 CE waiting to be sold, when UG says
14:29 Uttam : _/\_
14:29 Uttam : 32250 ref now
14:29 Uttam : lets see if we get that spike in both post 2:45
14:30 Ankit Maheshwari : P + Spike : Doesn’t it lastor what?
14:31 KK : volume where ?
14:31 KK : 32500 375 to 343..chotu sa
14:33 Ankit Maheshwari : UG explain this plz (14:24) Uttam : ‘p’ plus spike anyone in NF?
14:34 Uttam : when you have a ‘p’ shape profile forming there is a better chance for a spoike close that day
14:34 Ankit Maheshwari : ok
14:34 Uttam : both have a prominent POC now so lets see if we get a spike or close around that POC
14:35 MJ : Saved self burn (14:26) MJ : Guys tsl(14:27) MJ : keep tsling
14:35 Tejaswini : UG volumes on way up in NF were meh
14:35 Arjun : what should be our signal to go for spike trade?
14:36 Tejaswini : Could it be a clue. Also finding some supply up there
14:37 Shai : 14690 has continuatoion 0’s and a supp for close
14:38 Shai : but they are trading for a quick 30 points only from open
14:38 Shai : don’t want to chase longs here at 725
14:38 Shai : All that green from vwap is covering
14:40 KK : SHai, 700 CE can be sold with 141 SL, if not spiking here ?
14:41 Shai : sell below 128 only
14:41 Shai : Add if 120 breaks
14:41 Jitender : shop shut…decent inside day in bal (10:47) Jitender : correct ..its MB…with singles both sides
14:41 Jitender : tc guys…have a nice weekend
14:42 Shai : Cheers
14:42 KK : tc, jit.congo
14:42 Shai : have a good weekend
14:42 Jitender : +1
14:42 Sanjiv : SL? (14:41) Shai : Add if 120 breaks
14:42 KK : Stay Safe
14:42 Tejaswini : Cheers Jit. Have a good wknd
14:43 MJ : bye jit cheers
14:45 Adnan : refereence?
14:45 Uttam : (14:40) KK : SHai, 700 CE can be sold with 141 SL, if not spiking here ?
14:49 KK : SL moved to 131, entry at 134.
14:50 Uttam : 144-155 in 14700pe on move back to dpoc
14:50 Shai : +1
14:50 Rajesh G : mj these late reds
14:50 MJ : Hope all safe? (14:27) MJ : Sellers have entered.(14:27) MJ : both index.
14:50 Sanjib : 127 to 111 on that 14700 CE Thanks Shai
14:50 KK : booked at 116
14:50 Sunil : downside tgt Shai ?
14:50 Shai : +1
14:50 Shai : done at vwap- clsoe
14:50 MJ : Rajesh yes some late guys vwap
14:50 Uttam : +1
14:50 MJ : bnf
14:51 Uttam : (14:34) Uttam : both have a prominent POC now so lets see if we get a spike or close around that POC
14:51 KK : bye guys, thanks Chief
14:51 KK : congo to everyone..MJ, tc
14:51 MJ : Congo Kk. cheers. stay safe
14:52 MJ : but I won’t chase the longs here Rajesh
14:52 MJ : weekend coming. Profit booking can set into it
14:52 Rajesh G : yes Mj
14:52 MJ : Plus bands
14:52 MJ : on
14:53 MJ : has been a hardworking and a green day
14:53 MJ : don’t want to give away
14:53 Anand : that 1000 reds at top dosent seem to have booked yet..
14:54 Shai : They may not be intra day like you and me
14:54 Anand : 😀 _/\_
14:55 MJ : shai what’s 1k equal for nf?
14:55 Shai : This supply goes missing at 14420
14:55 MJ : 600 700?
14:55 Shai : Amd come sback here
14:55 MJ : bnf 1k lots are giving super scalps
14:56 Shai : just a case of specialistes selling at retail prices higher and buying at wholseale pricing below
14:57 Arjun : question for you MJ – why go long after seeing 1102 reds in BNF ? or you took the trade as even 2 bars they were not able to move the market
14:58 Uttam : @Arjun that red was stuck at the wrong place & could not break below IBL
14:58 Uttam : and day’s profile was a balance with a prominent POC which acts as a magnet if the auction does not move away from it
14:59 Arjun : ok .. so the right time to take that trade would be after negation of 0 around 32100
14:59 Prashant : Shai, sorry for bothering again…but this IS/RB things hides the numbers..pls
14:59 MJ : whattey wow!
14:59 Uttam : aggressive entry would be post the next 5min bar as BNF remaiend above that 1172 red POC
15:00 Shai : 14600 due sl of 14690 cmp 14655
15:00 MJ : @arjun yes +1 to what ug said.
15:01 Arjun : thx MJ and UG
15:01 Shai : Thanks for the reminder again Prashant- will sort it out
15:01 Ranjith : In Shai : 14600 due sl of 14690 cmp 14655
15:02 MJ : bnf for dpoc close
15:02 MJ : looks like
15:05 Arul : 32600ce short 275-255.
15:06 Ashwin : kudos to VT and everyone in the room! type of day has been a game changer for me. have a great weekend guys! excited for next week.
15:06 Uttam : cheers Ashwin 🙂
15:06 Shai : Book the NF shoirts 14651 cmp
15:07 Shai : not much time left in the day
15:07 Vishnu : any range for nxt week shai . ?
15:07 Shai : supply added abv 14700 and look to be positiional
15:07 Uttam : yes Shai that 14700pe gave a good move
15:07 Ankush Jain : can be that OTF guy of Monday?
15:08 Shai : 14935- 14735- 14417 still wider range for series Vishnu
15:08 Uttam : 14737 maanga tha NF se woh bhi nahi diya ;-p
15:09 Uttam : 14733 mein atak gaya
15:09 Vishnu : tnx shai
15:09 Uttam : last 2 mondays have been big sell off from open
15:09 Uttam : will it be a hat-trcik next week lets see
15:09 MJ : That K period highs and then woosh! (14:28) MJ : bnf wide poc will need too much fuel to go up?
15:09 Vishnu : this monday any big up with hdfc results?
15:10 MJ : greedy ug: P
15:10 Uttam : VT makes us greedy MJ 😉
15:11 Ankit Maheshwari : this Wed also close right?
15:11 Uttam : such a nice balance in both so callign for an imbalance
15:11 Uttam : yep mid week holiday again 🙁
15:11 MJ : Bye chief. solid auction to train eyes
15:11 MJ : see you on mon.
15:11 Arul : Decent day… Though 10-25 points trades. It was done with high confidence. Thanks all!
15:11 Uttam : cheers Arul
15:11 Arul : +1 Uttam
15:15 Ankush Jain : last short made my day
15:15 Ankush Jain : 🙂
15:15 Uttam : 🙂 cheers A
15:15 Surya ganti : NF now wnats to hit shais 600
15:16 Ankush Jain : done for the day
15:16 Ankush Jain : see u guys on Monday
15:16 Uttam : ab aur kya baaki hai A 😉
15:16 Ankush Jain : Stay safe and mask up
15:16 Ankush Jain : UG 🙂
15:21 Shai : Cheers everyone. wa a slow day uliike yesterday
15:22 Shai : hope everyone did well
15:22 Shai : take care stay safe and rest well
15:22 Naresh : yes chief
15:22 Shai : will catch up Mon
15:22 Uttam : promise Monday will be a fast day again Shai 😉
15:22 Shai : 🙂
15:22 Uttam : thanks All 🙂 have a lovely weekend and keep safe
15:24 Mayur : bye all
15:25 Sanjiv : bye and have a nice weekend
15:26 Rohit : Thanks all
15:28 Ankush Jain : 619
15:28 Ankush Jain : almost there at close
15:28 Uttam : time over else 600 also would have come
15:28 Prashant : highs rejected?
15:28 Ankush Jain : tht 1000 guy may hv booked out
15:28 Uttam : easy 100 pointer for him
15:29 Ankush Jain : multiple REs failed
15:29 Uttam : yes failed to even complete 1.5 IB
15:30 Uttam : see you all and have a safe weekend