The key to using Order Flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The Order Flow is like a list of trades and helps to know how other traders are placed in the market.
Vtrender helps you to stay on top of the Market by understanding Order Flow. This increases your flexibility, your data analysis capability and your winning trade signals. And you make your existing systems better.
NF
BNF
Room Chat
08:45 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/633476533
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08:48 Vtrender Live : 5 min charts of bnf, password vtrender- https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
09:03 Adi : Good Morning all
09:03 Shai : GM all
09:04 Vishnu : Gm All
09:04 Shai : Neu X day yesterday and ref markings are clear at the open
09:04 Nitin null : GM All
09:04 Shai : prev POC and PDL at 10590- 10620 ref line for the open
09:05 Shai : look for an ability and orderflow abv 10620 today which should push it back to 10740 zone again
09:05 Shai : supp lower below 10690 is still at 10540
09:06 Shai : BNF now shows supply at 21750 to add to the one we have seen previously at 21940 which was not taken out yesterday
09:06 Shai : continue to use upmoves in BNF to sell into
09:06 Manikandan : GM all
09:06 Shai : 21240 ref line for the open’
09:07 Chandrashekhar : GM all
09:08 Giridhar Gowravajhal : GM all !!!
09:08 NeerajS : Good Morning
09:10 Rohan : GM All
09:10 Avinash : GM everyone
09:11 Chintan : Gm all
09:12 Tejpreet : GM All
09:12 Uttam : Good Morning All 🙂
09:13 Rahul : Morning all
09:14 Sachith : good morning everyone… happy trading
09:16 Ankush Jain : speedo @ 185
09:17 Chandrashekhar : Speedo was 240+ at open
09:18 Ankush Jain : is it a open rejecton today?
09:20 Sanjib : INFY locked at 10% UC
09:20 Chandrashekhar : vol better Uttam first 5 min has 9.2 lac for NF
09:20 Maxis : GM All.
09:20 Maxis : No OF in BNF 5 mins here
09:21 Vishnu : scallped bnf 21.5 next week pe 660-711 . 0.5 dt done
09:22 Chandrashekhar : +1 Vishnu
09:23 Aditya09 : open type?
09:24 Chandrashekhar : NF is OAIR still
09:24 Maxis : ORR BNF?
09:24 Chandrashekhar : BNF has broken PDL
09:24 Maxis : even NF?
09:25 Ankush Jain : very quiet today
09:25 Shai : 21050 supp in BNF for the open
09:25 Shai : NF open at prev poc
09:33 Shai : back to 10630 with sl of 10584, cmp 10598
09:36 Shai : 56 supply in 10600 pe
09:36 Shai : we have movement if 10600 pe goes abv 56
09:36 Shai : 10700 pe has supply at 125- 134
09:36 Shai : give it some 10 points as premn/ disc is fluctuating in 20 point range
09:37 Shai : 10600 ce supply at 58
09:37 Shai : option writers should come in now heavy in these options
09:38 Shai : 10617 – (09:33) Shai : back to 10630 with sl of 10584, cmp 10598
09:38 Shai : if in book half
09:38 Ankush Jain : booked
09:38 Vishnu : scalped bnf again 0.6 dt
09:39 Uttam : 10600ce from 42-49
09:39 Shai : +1
09:39 Shai : Neu X is one of the very strong profiles
09:39 Rahul : 10600 CE from 40 to 49
09:39 Shai : you should not underestimate it
09:39 Uttam : COT has been bue since open in both
09:39 Rahul : UG and Shai 1+
09:39 Uttam : blue
09:39 Ankush Jain : what follows neux?
09:40 Rajesh G : 21k ce 542 to 600
09:40 Nishant : Shai – Every rise in BNF should be sold into?
09:41 Rajesh G : that was buy from support as shai said
09:41 Shai : poss rise to 10695 here in NF
09:41 Uttam : BNF could be giving an ORR today
09:41 Vishnu : let it ug
09:41 Shai : with Orderflow- (09:40) Nishant : Shai – Every rise in BNF should be sold into?
09:41 Uttam : though vols are low but good greens in this new low
09:41 Shai : don’t sell blindly and say Shai ne bola tha !!
09:41 Uttam : 🙂
09:42 Vishnu : +100 shaii
09:42 Rahul : Y shai
09:42 Shai : 10636- (09:33) Shai : back to 10630 with sl of 10584, cmp 10598
09:43 Shai : BNF has some supp here , look to sell below this only now or higher- (09:25) Shai : 21050 supp in BNF for the open
09:44 Shai : Buy NF again 10640 sl of 10605 tgt 10693
09:44 Shai : underway on that IB- (09:41) Shai : poss rise to 10695 here in NF
09:47 Shai : spedo 140
09:47 Shai : tcs/ ril also abv avg volumes
09:47 Ankush Jain : all IT stocks running fast
09:48 Rahul : Three IB in a row
09:48 Sanjib : 10400 CE 227 to 245 50% out
09:49 Shai : +1- (09:48) Rahul : Three IB in a row
09:49 Uttam : BNF looking good
09:49 Shai : Now you are reading the tape when you see all this
09:49 Uttam : lets take it above 21310-356
09:49 Rahul : 🙂
09:49 Ankush Jain : 3 IBs, good volumes, +ve COT
09:49 Shai : first step to not trading blind like the universe outside
09:50 Ankush Jain : & nice speed on speedo
09:50 Rahul : Yes shai, vert true. if wana play blind, play poker 🙂
09:50 Uttam : boom boom BNF?
09:50 Uttam : (09:41) Uttam : BNF could be giving an ORR today
09:51 Uttam : 21430-480 test coming?
09:51 Uttam : 21350 high so far – (09:49) Uttam : lets take it above 21310-356
09:51 Shai : 10662 book half, sl at cost on rest- (09:44) Shai : Buy NF again 10640 sl of 10605 tgt 10693
09:52 Uttam : some spike in 10700pe & 10600ce
09:52 Rahul : done
09:52 Uttam : at 9:48
09:53 Rahul : haha.. for this only
09:53 Rahul : awaiting for as u guys say Dukkan
09:53 K2dt : 43-53 & 58-72 in 10700ce
09:55 Shai : lace the trail order at 10635, more safe there
09:55 Ankush Jain : +1
09:55 Shai : Place*
09:55 Rahul : thats below zero’s on last candle
09:56 Shai : yes
09:57 Shai : why profile book at 10665 ? anyone?
09:57 Rajesh G : dvah
09:57 Shai : profit book I meant*
09:57 Adi : A level high
09:58 Prashant : vah prev single tails above that
09:58 Shai : morning pink band is there
09:58 Sumeet : Heavy vol yesterday at that price
09:58 Shai : you want to see COT do 60K plus to take out these
09:58 Uttam : BNF getting supply
09:58 Shai : or in short add new demand
09:58 Uttam : right at 21350
09:59 K2dt : those IB triplets gave good money cheif
09:59 Shai : same thing I told you guys at 10740 yesterday when COT was building up to take the previous supply from B and C out from the open of yesterday. That COT changed the game in K period
10:00 Uttam : 21500pe from 348-370
10:00 Uttam : rejection from 21356
10:01 Uttam : if vwap does not hold BNF can give new lows
10:01 Uttam : 21000 is an imp level in it to hold
10:01 Uttam : and today lows right there
10:01 Prashant : ok thanks
10:01 Rajesh : is it vpoc 21000?
10:01 Uttam : yes
10:02 Nirmal : expecting 1799 in RIL in next 1 hours
10:03 Aditya09 : i did not understand y be bought at 10598?
10:03 Aditya09 : what m i missing from order flow/
10:04 Shai : scroll up
10:04 Shai : ref lines were given
10:04 Uttam : we went below PDL got rejected
10:04 Uttam : rb+ib on 5mins
10:04 Uttam : then 3 IBS in a row
10:04 Uttam : COT was blue since open
10:04 Uttam : aur kya chahiye
10:04 Himanshu : Adi – Yday – Buyers Emergerd there or Profit booking by shorts were done
10:05 Shai : now to take out 10675
10:05 Himanshu : today in first 5 Minute it was checked with very high volume ,,
10:05 Shai : And we have the tgt
10:05 Himanshu : But we could not go below PDL – in NF and thats the clue
10:05 Uttam : we did go below PDL H
10:05 Uttam : 10591 was PDL
10:06 Uttam : but was swiftly rejected
10:06 Rahul : Check MP chart in next tab
10:06 Shai : see where NF stopped- (09:55) Shai : lace the trail order at 10635, more safe there
10:06 Rahul : yep
10:08 Shai : too many people do too many random things with levels and lose money. and blame the markets
10:08 Rajesh : open in nifty is OAIR and for bnf it is ORR UG?
10:08 Shai : there is always a logic o what we should do
10:08 Tejpreet : +1
10:08 Uttam : ORR up in both
10:08 Vishnu : +1 shai
10:08 Rahul : +1
10:08 Shai : we make full exit if 10670 is not taken out in 5 mins
10:08 Tejpreet : Uttam ORR post NE plus expiry 🙂
10:09 Rajesh : OK thnx ug
10:09 Aditya09 : yes ug but rb i couldnt find nd shai gve call befor the 3 I S got printed
10:09 Uttam : vwap needs to be defended
10:10 Adi : Aditya, the 1st call was for target of 10630
10:10 Shai : (09:55) Shai : lace the trail order at 10635, more safe there. (09:04) Shai : Neu X day yesterday and ref markings are clear at the open(09:39) Shai : Neu X is one of the very strong profiles
10:11 Shai : based on Neu X with OF supp . No selling was seen – (10:09) Aditya09 : yes ug but rb i couldnt find nd shai gve call befor the 3 I S got printed
10:11 Shai : Book out NF full
10:11 Shai : Trade over
10:12 Rahul : good first one hour
10:12 Aditya09 : ok shai thnks
10:12 Shai : 10610 supp now for day
10:13 Shai : NF stable abv it
10:14 Nirmal : Shai if RIL comes 1800..can nifty defend 10610 ?
10:15 Shai : infy and tcs are the bigger drivers today
10:15 Nirmal : ok
10:16 Shai : infy 12% up giving 84 points to NF
10:16 Adi : TCS has multi year supply around 2350-2375
10:17 Adi : lets see if that is overcome
10:19 Adi : pardon me, TCS supply was at 2250-2275. Its already crossed that
10:20 Rahul : Will we have C extn failure ? near 10672
10:21 Uttam : C side not fsiling from last 2 days so could make a hat-trick
10:22 Boppanna : Uttam move that IS on BNF and we have are in for nice expiry
10:22 Uttam : boom boom
10:22 Uttam : 10688-696 imp supply zone
10:23 Uttam : yes Bops
10:24 Uttam : next attempt at 21356 can give 21430-480
10:24 Uttam : vwap defended in BNF so good sign
10:26 Rahul : C side 🙂
10:30 Uttam : C side playing out today
10:30 Uttam : no hat-trick of exceptions
10:31 Rahul : Yes UG
10:33 Uttam : BNF being accepted below PDL
10:34 Uttam : VWAP goes can give new lows
10:34 K2dt : 50-66 perfect c side fail trade
10:35 Shai : let’s see if it does 10616 test
10:36 Rajesh G : shai 616 is ib reference ?
10:37 Shai : prev POC
10:37 Shai : menbtioned at open today
10:37 Rajesh G : thanks
10:46 Adi : dpoc moving higher
10:51 Vishnu : UG banf trading beloww las twodays low is quite bad na.
10:52 K2dt : vwap darshan finally
10:58 Sanjib : 35K red stuck?
11:00 K2dt : yes Sanjib
11:01 Shai : gewtting there – (10:35) Shai : let’s see if it does 10616 test
11:01 K2dt : rejection frm vwap
11:01 Shai : 10700 cross looks fiff now
11:01 Chandrashekhar : +1 Shai
11:02 Shai : diff*
11:02 Vishnu : what abt bnf? shai
11:03 Vishnu : dancing with vwap only
11:03 Uttam : weak below 21240 Vishnu
11:03 Vishnu : +1 ug
11:04 Shai : yes diff to cross 21400 now till 2
11:04 Shai : they will start showring upper CE’s
11:04 Uttam : 20901 you give then Shai 😉
11:04 Vishnu : yes ug
11:05 Uttam : no vols today in BNF
11:05 Uttam : as the spotlight is on IT today
11:05 Uttam : let it take rest before it gives the next move
11:07 Sumeet : 6
11:11 Chandrashekhar : 10.6 K PE OI not dropping yet..still getting stronger
11:15 Uttam : BNF wants to give one more bounce?
11:15 Uttam : lets take it above 21257
11:15 Uttam : can get a 100 pointer at least
11:16 Himanshu : Keeping us on Edge
11:16 Himanshu : Age 4*
11:16 Himanshu : Age*
11:16 Himanshu : Meri Phati – 20900 PE – 10 point pe cover kar liya
11:16 Uttam : boom bom
11:17 Himanshu : Aab kya phayda
11:17 Uttam : 12300 green not looking good at 21260
11:18 K2dt : bn spot trying to get above pdl
11:18 Uttam : je baat
11:18 Uttam : 21000ce from 268-285 50% out
11:19 Vishnu : +1
11:19 Uttam : easy peasy – (11:15) Uttam : BNF wants to give one more bounce?(11:15) Uttam : lets take it above 21257(11:15) Uttam : can get a 100 pointer at least
11:20 Uttam : 21326 so far
11:20 Uttam : 30 more
11:20 Boppanna : +1 Uttam
11:20 Ketan : +1 uttam
11:20 Uttam : _/\_
11:21 Avinash : +1 UG
11:22 K2dt : +1 UG
11:22 Uttam : supply still there in this 21310-356 zone
11:22 Uttam : (09:49) Uttam : lets take it above 21310-356
11:24 Uttam : demand coming
11:24 Uttam : abki baar
11:24 Uttam : RE mangta hai
11:25 Uttam : good fight here
11:30 Himanshu : We are trading below PWL in NF
11:30 Himanshu : Pathetic for bulls – with Steller results also – seems we are going to see lower level week closing ..
11:30 Uttam : 21430 coming?
11:32 Boppanna : some 0’s will help here
11:32 Uttam : 21340 high so far again…one more push
11:33 Boppanna : 580 pls Uttam
11:33 Tejpreet : 740 for me
11:33 Uttam : lol
11:33 Uttam : pehle 21356 to nikaalo brothers
11:33 Tejpreet : Jit bhai aa jao
11:34 Uttam : 21340 so far – (11:15) Uttam : lets take it above 21257(11:15) Uttam : can get a 100 pointer at least
11:35 Uttam : je baat
11:36 Uttam : 21351 done
11:36 Uttam : 94 points se kaam chala lo for now 😉
11:37 Tejpreet : +1
11:37 Uttam : 19k green there
11:37 Uttam : take that out & we get 21430-480
11:37 Maxis : Nice training UG TY!
11:37 Boppanna : no still some legt E for extension
11:38 Uttam : 100 done
11:38 Maxis : Watch & Learn mode for me.
11:38 Uttam : 21357
11:38 Uttam : now lets go higher
11:38 Uttam : boom boom
11:39 Uttam : 21394
11:39 Boppanna : OK Shai 400 here will trail at 340
11:40 Boppanna : *Shai’s
11:41 Boppanna : out
11:41 Uttam : volumes on the lower side in BNF
11:42 Jitender : 🙂 (11:33) Tejpreet : Jit bhai aa jao
11:43 Jitender : Daughter’s bday..so caught up with that…mkt is all yrs 🙂
11:43 Maxis : 1105 BNF candle should have printed IB
11:43 Sylvester : Many happy returns of the day to your daughter Jit ji
11:43 Tejpreet : Congrats Jit wish her from VT side
11:44 Aditya09 : wish her happy birthday from all of us
11:44 Avinash : Wish her a very happy B’day from us Jit
11:45 Jatin99 : wish her happy birthday from us
11:46 Manikandan : Convey our B’day wishes
11:46 Rahul : Jit god bless her and give my best wishes
11:47 Suren : Jit, pass on her my birthday wishes
11:48 Uttam : Many Many Happry returns once again to the little angel Jit so as a return gift BNF ke ek new high to dedo 😉
11:48 Tejpreet : lol
11:48 Maxis : haha
11:48 Uttam : forming a bell for now
11:48 Ketan : ha ha ha uttam ., good one
11:49 Vyom : many happy returns of the day..god bless her
11:49 Uttam : birthday celebration ke khushi mein bajate hain woh bell
11:49 Jitender : thank u fr yr lovely wishes everyone _/\_
11:49 Jitender : UG 🙂
11:50 Maxis : UG, always pressing the markets. Good attitude.
11:50 Uttam : Bops & Tej you guys also better out in your request to Jit, if anyone can do it – it is him 🙂
11:50 Boppanna : Shai’s 21050 morning ref and 21400 ref now
11:50 Favas : convey our B”day wishes
11:51 K2dt : best wishes to ur daughter Jit 🙂
11:51 Chintan : Happy & Joyous Birthday to little Princess Jit 🙂
11:51 Chandrashekhar : Shai did mention yesterday that 650 PE/CE would be on action today.same thing happening now
11:51 Himanshu : Jit – Wish her happy returns of the day ..
11:51 Chandrashekhar : Best Wishes Jit
11:52 Amit Jain : Jit happy b’day to her best wishes.
11:52 Boppanna : Let’s leave Jit have fun Uttam…Have to make Shai change his mind
11:52 Boppanna : *rather change his ref
11:52 Uttam : Jit has the max fun with BNF only Bops 😉
11:53 Boppanna : lol
11:53 Uttam : see he is on work
11:53 Uttam : boom boom
11:53 Nirmal : uttam bell curve means balance
11:53 Nirmal : actiion item any
11:54 Uttam : 21430 guys
11:54 Uttam : Jit will do it I knew it
11:54 Tejpreet : jit always delivers +100
11:54 Uttam : (11:37) Uttam : take that out & we get 21430-480
11:55 Uttam : 21458
11:55 Tejpreet : +1
11:55 Boppanna : +1
11:55 Uttam : thanks Jit for the return gift bro _/\_
11:55 Rahul : 22.8 k Green stuck ?
11:55 Uttam : 0s at top
11:55 Uttam : near yesterdays ext handle of 21480
11:55 Uttam : lets see if it can be taken out
11:56 Uttam : another 100 pointer above it
11:56 Uttam : 21590
11:56 Ketan : +1 uttam yest K period 12 lakhs vol at 21484
11:56 Uttam : +1 Ketan
11:57 Uttam : F for probable FA in BNF for now
11:58 Rahul : RS
11:59 Nirmal : 10616 shud come shai knowing RIL 1800 will come n infy bit of booking
11:59 Boppanna : Nirmal D low 616 already done
11:59 Nirmal : oh ok..
12:00 Swapnil : @Nirmal what’s with this Reliance and 1800?
12:00 Nirmal : 1828 ril done
12:00 Uttam : BNF looks on for 21590?
12:00 Nirmal : i was expecting closer to 1800 ril to come
12:00 Uttam : lets take those 0s out
12:01 Nirmal : i went out for a while .sorry
12:01 Nirmal : bops ?
12:02 Nirmal : swapnil..see candle patter n…ideallyit shud have come 1800 closer but 1828 isaccepatble i said at 1860 plus
12:04 Swapnil : ok
12:05 Nirmal : i m still born kid in MP ..sekh raha hune
12:06 Uttam : F doing a C side in BNF today
12:06 Uttam : (11:55) Uttam : 0s at top(11:55) Uttam : near yesterdays ext handle of 21480
12:06 Uttam : that too at am imp supply point
12:07 Uttam : NF also has a probable FA at top
12:07 Uttam : IS at vwap could confirm that FA in the afternoon
12:07 Nirmal : FA means we will revisit right uttam
12:08 Ketan : +1 uttam
12:09 Jitender : glad cud help UG n Tej 🙂 _/\_
12:10 Shai : BNF can drop to 21180
12:10 Shai : nice rehject again off 21440
12:10 Shai : NF diff beast today cos of that IT pressure
12:10 Shai : But diff to cross 10700
12:10 Shai : G begins in 3 mins
12:10 Vishnu : bnf can be a proable fa
12:11 Shai : NF also
12:11 Vishnu : let it break the ibl we will going below 20900
12:11 Vishnu : yes shai
12:11 Shai : Uttam signature on top 🙂
12:11 Uttam : _/\_
12:11 Vishnu : yes single sign in bnf
12:13 Uttam : 21257 needs to be taken out
12:13 Shai : Abv 73 buy 10700 pe for 84/ 90 sl of 64
12:13 Jitender : n tx again everyone fr the wishes _/|_
12:13 Adi : And Shai signature in NF at 10616 :))
12:14 Shai : Congarts again Jit. Take an Off man- enjoy the day out!
12:14 Jitender : tx Shai…plan in progress 🙂
12:15 Shai : enjoy!
12:15 Jitender : tc..will chck in later
12:17 Shai : yes has to breakl below 614 – (12:13) Adi : And Shai signature in NF at 10616 :))
12:18 Swapnil : 10700 PE
12:19 Himanshu : Chief in 5 mt zoom chart – Blue line is not price line
12:19 Himanshu : now what does that indicate now
12:21 Himanshu : K set now – Thx Chief
12:22 Himanshu : Lakir Ke Phakir ban gaya huin mein ?
12:22 Himanshu : Hah
12:23 Shai : don’t put sl in the system for that PE- trade witgh 110635- 55 NF levels
12:23 Shai : starts moving if below 10635
12:24 Shai : cmon G
12:24 Ajay : i exited. sir. enter again 10700 pe?
12:24 Shai : time to shine
12:25 Shai : 84.3 on second attempt- (12:13) Shai : Abv 73 buy 10700 pe for 84/ 90 sl of 64
12:25 Uttam : 21250 please take out in BNF someone
12:26 Ankush Jain : i go long, it will fall!!
12:26 Shai : sl 67 cost now on 10700 pe
12:27 Shai : if 67 holds am expecting 99 in G
12:29 Shai : exit
12:33 Shai : Volumes are off in options today?
12:33 Shai : OI also looks less for 12.30
12:34 Shai : All option writers on holiday?
12:34 Rahul : seems like
12:35 Shai : G didn’t click today, waiting again
12:35 Shai : will come back with 23rd july option
12:36 KK : 21270 to 21320, since it is holding VWAP.
12:36 Shai : that 10700 pe is moving wild
12:36 K2dt : yes chief
12:36 K2dt : it is
12:37 Shai : roiughlly 85 cross needed in that PE
12:37 Shai : which is the same as breaking 10615
12:40 Ashwath : Shai – Zoom chart OF chart and romm chart OF , is it same? I see some green in last 5 mins bar of BNF, which is missing in zoom.
12:43 Shai : yes it is the same- one imbalance indicator needs to be added to zoom still
12:43 Shai : has slipped my mind
12:44 Shai : will do it today
12:44 Favas : shai ur view on infy if possible?
12:44 Favas : stuck with ce sell
12:45 Rajiv Ohri : Shai BNF sell for vwap and dvah SL with filter
12:45 Uttam : 21356 ONCE AGAIN bnf
12:46 Amit : @favas gap not filled should see one more round for fresh high near close.
12:46 Ashwath : Thanks
12:46 Favas : tnx
12:46 Amit : even wipro looking for one more round upside.
12:47 Amit : its below IB low so not doing.
12:48 Favas : yeah
12:48 Amit Jain : 21356 and 16k this time ug
12:48 Uttam : Bops it is hammer time
12:48 Uttam : weak shorts taken out looks like in BNF
12:49 Uttam : now ready for move down?
12:49 Uttam : 21356-21250 range needs to be broken
12:51 Shai : opp wa slost by sellers in G
12:52 Shai : one round of SC can also come here
12:52 Shai : styay alert
12:52 Rahul : SC ?
12:52 Sanjiv : SC stands for?
12:52 Uttam : short covering
12:52 Sanjiv : thanks
12:52 Rahul : thanks UG
12:56 Maxis : Go nwo?
12:56 Rahul : come vwap below that
12:57 Rahul : volumes kaha hai
12:57 Rahul : ek do ek do se nahi hoga..
12:58 Rahul : ye gaya ?
12:59 Rahul : last stop 10632 take that n we go shai target of 10618
12:59 Rahul : 00 aya
12:59 Uttam : doom doom
12:59 Uttam : 21300pe from 114-140
13:00 Shai : ++
13:00 Tejpreet : +1
13:00 Vishnu : +11
13:00 Boppanna : Nice alert simlar trade sitting ducks
13:00 Boppanna : Jit’s trademark
13:00 Rahul : come on get on lac -ve
13:00 Uttam : (12:48) Uttam : weak shorts taken out looks like in BNF(12:49) Uttam : now ready for move down?
13:01 Rajesh G : test
13:01 Rahul : must UG
13:02 Amit Jain : will these 23k get help
13:02 Vishnu : 20620 dedo ug
13:02 Rahul : BNF -ve is better then NF -ve COT ..lol
13:02 Uttam : 21300pe OI reducing
13:02 Ankush Jain : few 0s on buy side in NF
13:03 Vishnu : need both side ankush
13:03 Boppanna : Rahul expiry should be quick in booking as both sides will be tenative after a whipping week
13:03 Rahul : yep
13:03 Rahul : noted bops
13:04 Rahul : taking it
13:04 Rahul : UG / Shai again RB at same levels as last levels ?
13:04 Ankush Jain : thanks Vishnu
13:05 Maxis : 0’s on both sides is much stronger? i thought 0 on side of Buyers when moving down & 0 on side of sellers when moving up. Please correct me.
13:05 Adi : 10616 still holds!!
13:10 Himanshu : 49k Red and 32750 Red in BNF stuck
13:11 K2dt : speedo 88 !
13:11 Himanshu : Chief will invite K – he is calling up
13:12 Himanshu : That will be brutal I guess
13:12 K2dt : yes H
13:12 Himanshu : 21K PE – 21.5 CE is highest OI
13:13 Himanshu : almost same value
13:14 Sanjiv : Waiting for ShaI’s lottery trade later today 🙂
13:14 Aditya09 : mee too
13:14 Maxis : me too
13:15 Uttam : 21169 needs to be taken out now
13:16 Himanshu : 21200 PE/CE similar OI minir diff
13:16 Himanshu : 150 Pt combine Premium – MAx pain also at this speedo we may retire here ,,
13:20 Ajay : From morning 10600 put OI increasing regular but 10600 CE OI is flat almost. upside spike in 2nd half ??
13:22 Adi : why would anyone write ITM options?
13:26 Ankush Jain : maybe they r expecting market to fall
13:28 Shai : spot is 60 up so 10600 would be written more
13:29 Adi : or maybe they arent writing as they dont expect market to fall.
13:29 Shai : 600 pe and 700 ce both rising
13:30 Adi : so 650 becomes focus
13:30 Rajesh G : shai which Dukan to look for
13:31 Uttam : bnf BOOM BOOM
13:32 Uttam : 21356
13:32 Uttam : again
13:32 Uttam : can you believe it
13:33 Uttam : a) BNF needs to sustain above 21356 for a rise to 21440-471 / 21526-590 / 21658-786 / 21835-953 & 22002
13:33 Uttam : lets spoke higher
13:33 Vishnu : lets takeout 21458 and go to 21900
13:33 Uttam : spike*
13:33 Rahul : volumes
13:34 Vyom : 10600 ce trading at 15 point discount to spot. Shai Uttam how do we read this
13:42 Uttam : J period ext handle coming?
13:42 Shai : weekly pricing is done on synthetic futures
13:43 Chetas : how do we get the synthetic futures rates? any tool or source?
13:43 Vyom : But the settlement would be based on nifty spot close today right?
13:43 Shai : strike price + call price minus strike price – put price
13:44 Adi : settlement is on Spot alwys
13:44 Shai : spot always
13:44 Vyom : ya correct
13:44 Shai : monthe end they come aligned
13:44 Vishnu : give 2 ib plus in banknifty
13:45 Shai : high risk long to 10704
13:45 Shai : can buy abv 10672 sl of 10651
13:48 Adi : @shai, didnt follow what you meant by “weekly pricing is done on synthetic futures”
13:49 Rajesh G : shai gave the formula
13:49 Adi : whose weekly pricing?
13:50 Manikandan : @Adi – Future price is calculated only for the Month, fior weekly we use the formula to get the Synthetic Future price for the week
13:50 Adi : the formula is basic Put-Call parity
13:56 Maxis : whats the significance of the number in white at the top of each candle?
14:02 Shai : That was the ancient delta system. we discontinued it
14:02 Maxis : So can remove from there?
14:02 Shai : POC getting fatter at 10650
14:03 Shai : unl;ikely to move now that POC
14:03 Ankush Jain : so we gonna expire around it??
14:03 Shai : yes with a 100 point spike zone
14:04 Maxis : Also Chief, the Volume and COT values are displayed at the bottom. What’s the point of having them repeat at the top?
14:04 Ankush Jain : Nifty will expire around it?
14:04 Tejpreet : Dukan closed then …lockdown 🙂
14:04 Shai : 🙂
14:04 Shai : #stayhomestaysafe
14:04 Uttam : lol
14:04 Tejpreet : indeed 😉
14:04 Ankush Jain : charts?
14:04 Avinash : 🙂
14:05 Adi : K coming
14:06 Uttam : but good thing is tom can be a good mover 😉
14:07 Ankush Jain : so far a Normal day?
14:07 Nirmal : uttam u mean today balance…so imbalance coming
14:08 Nirmal : imbalance is what trader shud embrace for
14:08 Uttam : yes Ankush rare normal day
14:08 Uttam : that too on expiry
14:08 Ankush Jain : it was all wild before expiry
14:08 Govind : Yesterday was expiry no Uttam 🙂
14:08 Himanshu : Haha
14:08 Ankush Jain : I think it happened last week too
14:08 Himanshu : Yes Wed is new exp day
14:09 Ankush Jain : last Wed was also same
14:09 Himanshu : so all buyers who expect Volatile on Thursday gets eaten
14:10 Himanshu : K – hope does not knock Bull Balls
14:10 Ankush Jain : Wednesday is New Thursday in 2020
14:10 Ankush Jain : 🙂
14:12 Uttam : true that Gov
14:15 Uttam : Jit wanted to take off today so he forced the expiry yestrday itself 😉
14:15 Govind : 🙂
14:16 Tejpreet : We will ask him for penalty by giving a trend day tmrw 🙂
14:16 Uttam : yes Tek
14:16 Uttam : Tej
14:16 Maxis : Now i know how those phone calls are placed to BVI and Mau.
14:17 Uttam : K has something for us?
14:20 Himanshu : Kotak Fired ..
14:20 Himanshu : HDFC – confused and ICICI is noding no
14:21 Uttam : 21740?
14:21 Uttam : boom boom
14:21 Himanshu : yes
14:21 Maxis : 21435 is hurdle first?
14:22 Himanshu : that F* seller has to be taken out
14:22 Maxis : ya
14:22 Himanshu : or else – BNF stocks are looking tired runners on chart
14:22 Uttam : 23jul 21300ce from 515-537
14:23 Himanshu : INFY is kissing Gap up open level
14:25 Maxis : F seller is more precise than 21435
14:25 Himanshu : HDFC B needs to cross 1057 and stay up wull take out – Yday seller of 3 PM in Stock ..
14:26 Uttam : rest out ast 546
14:26 Uttam : 21590 bext
14:26 Uttam : next
14:26 Himanshu : Gaya
14:26 Himanshu : BC
14:26 Uttam : bola tha boom boom
14:26 Uttam : all out for now
14:27 Tejpreet : 740 tak jana hai
14:27 Uttam : 21590 / 632 first
14:27 Uttam : then 21740
14:27 Uttam : but expiry so options writers could have a say
14:27 Tejpreet : ok bot now you got the routr please proceed 🙂
14:28 Tejpreet : route
14:28 Uttam : 🙂
14:28 Uttam : (14:17) Uttam : K has something for us?
14:28 Ajay : Sai sir buy nifty above 672 still valid?
14:29 Maxis : That sl was already hit even before buy price came
14:29 Shai : No
14:29 Shai : Buy is valid only for 30 mins if given
14:29 Chetas : buy not triggered
14:30 Shai : yes
14:30 Shai : 10670- 79 are the C side sellers
14:31 Shai : just to give you an idea about the impact of volumes – today’s NF volume is at 1CR now againt 1.8 CR and 1.7 CR past 2 days
14:31 Tejpreet : +1
14:31 Shai : that is 40% lower
14:31 Maxis : no commitment
14:31 Vishnu : +1 shai
14:32 Shai : when volume is not there, price stagnates
14:32 Uttam : yes Shai vols have been lower inspite of the good first 15min volumes
14:32 Ashwath : +1
14:33 Uttam : spike possible though in both
14:35 Nirmal : Killer K needs volume too.
14:35 Uttam : BNF looking good
14:35 Maxis : hmmm, bounced from prev VPOC
14:37 Himanshu : 21489.95 _ machine level
14:38 Uttam : 21590 bola tha
14:38 Uttam : confuse ho gaya
14:38 Uttam : resrt it
14:38 Uttam : reset*
14:38 Govind : get it over 21500 HImanshu
14:38 Maxis : go
14:39 Uttam : 5 more mins
14:39 Aditya09 : 5 mins left
14:39 Uttam : spike starts in L
14:39 Himanshu : Yes . am trying my best – clapping for all indicators – Pushing them
14:39 Himanshu : Let see ,,
14:40 Rahul : hahah
14:40 Rahul : clapping
14:40 Maxis : bais up for me
14:40 Himanshu : Aur kya kar sakte hein
14:40 Himanshu : LIC is on Week end mood
14:40 Rahul : Market Bandh Karo
14:41 Maxis : chala
14:41 Himanshu : Am promoting MF – SIP
14:41 Himanshu : to all in colony and known ones
14:41 Himanshu : cause if DII does not have money – we could be roggered ,,,
14:42 Uttam : NF looks like doing no workout in lockdown so got a fat belly
14:43 Chintan : lol UG
14:43 Uttam : has been circling around the bullsh hypo of 10651 all day
14:43 Maxis : Maaar chabuk usko.
14:44 Himanshu : UG – NF is showing off Belly with INFY butter
14:44 Uttam : needs to give a move away tom
14:44 Himanshu : Once infy close below open – it will rush to close the Gap – Maal chipka diya retail ko..
14:44 Uttam : we have a prominent POC there
14:44 Shai : lol – (14:44) Himanshu : UG – NF is showing off Belly with INFY butter
14:44 Uttam : 🙂
14:45 Shai : traders not interested in the belly
14:45 Chetas : 🙂
14:45 Shai : 56 inch chest chahiye
14:45 Sanjiv : lol 🙂
14:45 Himanshu : Haha
14:45 Uttam : it misunderstood for waist today looks like 😉
14:45 Govind : corona belly
14:45 Himanshu : Haha
14:45 Jatin99 : 🙂
14:46 Uttam : ok anything up for L?
14:46 Uttam : not more trades today but would like to see a spike 🙂
14:46 Himanshu : This extension of Moratorim talks made Banks stocks seating ducks ,,
14:46 Rajesh G : charts ?
14:46 Uttam : NF waking ?
14:46 Himanshu : or else all were raising funds to fuel credit growth
14:46 Himanshu : now they feel new money will go for old business
14:46 Himanshu : old loan moratoriums,,
14:47 Uttam : no caps Nirmal
14:47 Uttam : aa gaya sipke
14:47 Ketan : +1 uttam
14:47 Tejpreet : utam +100
14:47 Rahul : 10600 CE from 69 to 82
14:47 Rahul : phew…
14:48 Rahul : 00 now
14:48 Himanshu : Nirmal – Capital hatao
14:48 Maxis : caps chat delete
14:48 Uttam : 10696 / 10720?
14:48 Himanshu : Nahi to – Delhi Transfer ho jayega
14:48 Uttam : 21590 aa gaya?
14:48 Himanshu : Ye le
14:49 Maxis : he didn’t even get to read that
14:49 Himanshu : Main ne phone kiya tha
14:49 Himanshu : Chalo 10800 Ke us par,,
14:50 Uttam : 10696 big supply point in NF
14:50 Tejpreet : Shai 1 refresh needed
14:50 Nirmal : sorry himanshu
14:50 Nirmal : infy will come to today high in few days
14:50 Uttam : BNF not yet done 21590? Tej bots not working well these days
14:51 Tejpreet : yes Uttam
14:51 Uttam : but we still have time
14:52 Tejpreet : tempted to take monthly 105k pe if we get 720 today NF
14:52 Tejpreet : let’s see
14:52 Avinash : Tis candle looks like SL and bookings
14:52 Uttam : 10720 NF means 21740 BNF?
14:52 Tejpreet : 🙂
14:52 Uttam : FIIs havwe turned buyers Tej
14:53 Tejpreet : yes looks like
14:53 Maxis : today has been a nice excersice in learning for me.
14:53 Shai : wats to trap 10700 ce
14:53 Shai : may do 10729
14:54 Uttam : 21558 BNF – 32 more t og
14:57 Adi : TCS rejected again from 2275 level
14:57 Shai : 10700 ce dropping OI
14:57 Uttam : yes Shai Tej wants that 10720
14:57 Nirmal : lets infy spike to VWAP
14:58 Nirmal : 921
14:58 Nirmal : by close
14:58 Boppanna : if that 70 goes in 21600pe Tej’s 720 on the way
14:58 Nirmal : or else tmrw
14:58 Uttam : BNFFF
14:59 Uttam : NF booming
14:59 Uttam : 10720 here
14:59 Uttam : BNF 21591
14:59 Shai : 10718- (14:53) Shai : wats to trap 10700 ce(14:53) Shai : may do 10729
14:59 Rahul : 10700 CE from 12 to 25
14:59 Vishnu : bnf next to touch 21720?
15:01 Shai : can move up more
15:01 Tejpreet : Bnffffffff
15:01 Shai : 10700c e hit
15:01 Shai : buy into it
15:01 Ankush Jain : Sl?
15:02 Uttam : (14:39) Uttam : 5 more mins(14:39) Uttam : spike starts in L
15:02 Shai : 11 sl tgt 49\
15:04 Shai : one move abv 10729 can bring 10789
15:04 Shai : stay alert
15:04 Vishnu : bnf?
15:04 Shai : don’t have BNF option chain open
15:04 Shai : this is expiry
15:04 Vishnu : ok
15:05 Nirmal : infy 911 from 905 need 10 more for vwapc
15:05 Nirmal : come on shai
15:06 Ankush Jain : 10729 is yesterday’s vwap
15:07 Shai : what did I tell you
15:07 Shai : 43
15:07 Shai : let’s go
15:07 Ankush Jain : great sir
15:07 Avinash : +1 Shai
15:07 Ankush Jain : going
15:07 Tejpreet : +100 Chief
15:07 Aditya09 : SUPER SHAI…
15:08 Shai : 87 L to 31 L
15:08 Shai : still some more
15:08 Ankush Jain : 10700 ce?
15:08 Irfan : should we book
15:08 Shai : yes keep small size open only nw
15:08 Shai : sl at cost
15:08 Shai : 24 better
15:09 Shai : 103 to 142 for me in 10700 of 23
15:11 Avinash : +1 Shai
15:11 Shai : cover full
15:12 Shai : done OI
15:12 Irfan : thanks Shai
15:12 Ketan : +1 shai
15:12 Ankush Jain : its running
15:13 Uttam : awesome Shai +100
15:13 Ankush Jain : 40
15:13 Uttam : 24-42
15:13 Nirmal : tmrw infy shud gap up
15:13 Nirmal : n biocon
15:13 Shai : nice
15:13 Nirmal : n ril
15:13 Shai : congrats alll
15:13 Nirmal : 🙂
15:13 Shai : window suddenly opened
15:14 Uttam : how’s the spike 🙂
15:15 Uttam : BNF coming back to spike lows
15:15 Uttam : (14:27) Uttam : 21590 / 632 first(14:27) Uttam : then 21740
15:15 Uttam : 21647
15:16 Tejpreet : Uttam then 740 at tmrw open
15:16 Ketan : +1 uttam for the spike
15:16 Uttam : Thursday spikes are mostly false ones Tej but who knows
15:17 Uttam : A period singles standing out in both
15:17 Uttam : and we are closing at highs
15:17 Shai : 24 L now- (15:08) Shai : 87 L to 31 L
15:17 Shai : 10700 ce 🙂
15:17 Nirmal : what a unwind
15:17 Uttam : poor guys will never write options again
15:17 Tejpreet : tks Uttam
15:17 Shai : (15:01) Shai : 10700c e hit(15:01) Shai : buy into it
15:18 Uttam : _/\_
15:18 Shai : This is what you should look for every thursday afternoon
15:18 Shai : just find players who are “upside down”
15:18 Ankush Jain : sudden reduce in OI?
15:18 Shai : is an easy trade
15:18 Uttam : wsith less risk also
15:18 Shai : they unwound quickly else we would have got 40 NF more
15:19 Uttam : writers have become smarter Shai 😉
15:19 Uttam : they did not want big loss so exited fast
15:19 Uttam : that CE is still spiking
15:20 Uttam : 50 will be nice in it
15:20 Uttam : wanted to book there first
15:20 Shai : 🙂
15:20 Uttam : 19.6L now
15:20 Shai : early guys had written at 65
15:20 Shai : I was hoping to catch them off also 🙂
15:21 Uttam : 🙂
15:21 Shai : https://mplite.vtrender.com/?symbol=O_NIFTY10700CE20200716&tf=daily&tpo=2&isComposite=0&ivp=0&sp=1&startDate=&endDate=&nDays=8
15:21 Shai : That was the setup
15:21 Shai : All in #marketprofile
15:21 Uttam : +1000
15:21 Shai : conf is in orderflow
15:22 Nirmal : shai can u elaborate setup
15:22 Nirmal : i m novice
15:23 Shai : move abv dvah
15:24 Shai : I think we hit 10620 again tom
15:24 Ankush Jain : short CE then??
15:24 Boppanna : Shai BNF move down done?
15:24 Boppanna : Profile wise
15:25 Nirmal : dvah was no keyword there shai in that link
15:25 Vishnu : dvah is todays
15:25 Nirmal : 10672u mean
15:26 Nirmal : 10671
15:26 Vishnu : once c high taken out its rush to cover from them
15:26 Rajesh G : can we carry some put shai
15:27 Vishnu : ug bnf spike liw here
15:28 Shai : Can carry
15:28 Shai : expecting 10620/ 650
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all !!!
15:29 Shai : Hope everyone had a good session again. was a bit slow but got a move into the close
15:29 Rohan : Bye All
15:29 Tejpreet : Bye All.
15:29 Shai : tom could be better
15:29 Vishnu : bye all
15:29 Ankush Jain : bye
15:29 Jatin99 : Bye all
15:29 Ankush Jain : waiting
15:29 Shai : spike rules for the open tom
15:29 Shai : Bye all
15:29 Ankush Jain : ok
15:29 Avinash : Bye everyone
15:29 Rajesh G : thanks shai
15:37 Manikandan : Bye all
15:46 Vyom : thanks Shai
09:07 Shai : (09:04) Shai : Neu X day yesterday and ref markings are clear at the open(09:04) Shai : prev POC and PDL at 10590- 10620 ref line for the open(09:05) Shai : look for an ability and orderflow abv 10620 today which should push it back to 10740 zone again(09:05) Shai : supp lower below 10690 is still at 10540(09:06) Shai : BNF now shows supply at 21750 to add to the one we have seen previously at 21940 which was not taken out yesterday(09:06) Shai : continue to use upmoves in BNF to sell into(09:06) Shai : 21240 ref line for the open’
09:13 Uttam : a) NF needs to stay above 10651 for a rise to 10686-696 / 10720-740 & 10769-793
09:13 Uttam : b) The auction below 10591 can test lower levels of *10556*-533 / 10500-480* & 10440
09:13 Uttam : a) BNF needs to sustain above 21356 for a rise to 21440-471 / 21526-590 / 21658-786 / 21835-953 & 22002
09:13 Uttam : b) The auction accepting below 21310 could test 21257-210 / 21120-000* / 20901 / 20784-704 & 20616