Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.
Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
NF
BNF
Room Chat
08:51 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/259340165
08:52 Chandrashekhar : GM all
08:52 Vtrender Live : 5 min bnf additional – https://zoom.us/j/8647754956?pwd=RjFYSXJFcDNwdm1OZ29FVERzdEVOZz09
08:53 Vtrender Live : 5 min NF charts – https://join.me/926-743-043
08:54 Shai : GM all
08:55 Ankush Jain : morning
08:55 Shai : Thurs was a NV up in the NF and BNF with buyers dominant and minor responsive selling near the close
08:56 Shai : ref line for the day is at 13745 in NF
08:56 Shai : 13670 is an early supp
08:56 Shai : Post the break abv the Phase 2 balance , support for this leg of the swing is at 13540
08:57 Shai : watch 13818 and 13847 for intra day supply
08:58 Shai : Banknifty continue watch at 30960 F , support at 30585
08:58 Shai : No change in BNF levels
09:04 Abhishek : SHAI how do you find the supply levels
09:11 Uttam : Good Morning All 🙂
09:11 Uttam : https://vtrender.com/market-profile-analysis-dated-17th-december-2020/
09:11 Rusi : Gm all
09:17 Tejpreet : GM All
09:17 Uttam : hey Tej, where have you been
09:18 Sanjib : @UG- Thank you for your nice presentation last night
09:18 Sumeet : UG – born professor
09:19 Uttam : _/\_ thanks for the kind words S &S 🙂 have been learning it all here in the room
09:19 Tejpreet : Uttam been in room most of the time but in silent mode as was preoccuppied by some other work for last 3 weeks.
09:19 Abhishek : Great work last evening uttam.
09:20 Uttam : oh ok Tej so just in time for the Santa rally 😉
09:20 Uttam : thanks A _/\_
09:20 Tejpreet : 🙂
09:20 Uttam : BNF negating yesterdays buying tail
09:21 Uttam : gets weaker below 30650
09:21 Uttam : 30786 is the hVN in it and now the series POC also shifted there
09:22 Uttam : NF looking weaker here
09:22 KK : Wont 712 provide support or we have to wait till 686 ?
09:23 Uttam : looking like a slow drive away from yPOC in both
09:24 Chandrashekhar : YVal held for now in NF
09:25 K2dt : UG do tell santa to bring us a drive with good vols this christmas :))
09:25 Uttam : OAIR in both
09:25 KK : INFY mood
09:26 Uttam : NF has an ext handle at 13718 yesterday A period high
09:27 Tejaswini : Good reds in BNF. will it test todays lows?
09:28 Uttam : below 30650 BNF could move towards 30511
09:30 Uttam : NF needs to get above 13755 for strngth
09:30 Uttam : 2k green in BNF
09:30 Uttam : right at 30650
09:30 Tejpreet : Uttam vol good for drive down ?
09:31 Uttam : volumes much netter than yesterday Tej but not good for a drive
09:31 Chandrashekhar : what was that 2K green?
09:31 Chandrashekhar : shorts booking?
09:31 Uttam : lets see if it can maintain the average here
09:31 Tejpreet : tks Uttam
09:31 Uttam : big vols in BNF this bar
09:31 Uttam : more than the opening bar too
09:32 Uttam : OTD it oculd turn out to be
09:32 Tejpreet : 😉
09:32 Chandrashekhar : but these many greens in BNF
09:32 Uttam : you doing this Tej 😉
09:32 Anand : OTD ?
09:32 Uttam : Open Test Drive
09:33 Uttam : low volume zone remember guys? – (09:28) Uttam : below 30650 BNF could move towards 30511
09:33 Uttam : 100 down in a flash
09:33 Chandrashekhar : +1 Uttam
09:33 Anand : ok
09:33 Uttam : 30566
09:33 Tejpreet : +1
09:33 Uma : no red band also
09:33 Chandrashekhar : but no able to make it logical…with these big greens how come its falling
09:34 Uttam : (09:23) Uttam : looking like a slow drive away from yPOC in both
09:34 Abhishek : same doubt as Chandrashekar
09:34 Prashant : Big greesn, aggresive buyers but passive sellers selling to them
09:34 Uttam : move away from yPOC is always initaitive selling na guys? OF is whoing us greens here as shorts are booking profits
09:35 Uttam : 12071 onctracts is big in BNF
09:35 Uttam : 5min bar
09:36 Abhishek : so we again wait for VWAP tag or IS
09:36 Uttam : MP context get the highest priority
09:36 Uttam : (09:20) Uttam : BNF negating yesterdays buying tail(09:21) Uttam : gets weaker below 30650
09:38 Uttam : (09:22) Uttam : NF looking weaker here
09:38 Uttam : (09:28) Uttam : below 30650 BNF could move towards 30511
09:38 Uttam : 30510 here
09:39 Chandrashekhar : 690 as well in NF to watch?
09:39 Uttam : coomposite VAL
09:39 Tejaswini : Amazing UG
09:39 Ankush Jain : good volumes too today
09:39 Ankush Jain : speedo at 140
09:41 Viren : 511 mate
09:41 Viren : and Good Green numbers also i
09:42 Chandrashekhar : test done Uttam?
09:42 Shankar : OTD it is..!
09:42 KK : NF for 810?
09:45 Anuj null : do we use rally towards 650 to short ?
09:45 Anuj null : in bnf
09:47 Ankush Jain : A volumes highest for 6 days
09:48 Ankush Jain : NF opened at yVAH & now below yVAL
09:49 Tushar : Can we consider Yesterday Buying tail is providing suport in NF?
09:49 Uttam : 30440 next in BNF if 30510 gets reds
09:50 Favas : ug stoploss for bnf shorts?
09:50 Uttam : NF has an ext handle at 13679
09:50 Uttam : vwap ref now Favas but short objective done of morning
09:50 Favas : tnks
09:51 Tejaswini : UG is it a drive down. considering volumes and a drive away from value area
09:51 Uttam : 340 points range in BNF already
09:52 Uttam : yesterday’s day range 🙂
09:52 Uttam : was 342
09:52 Uttam : volumes preced price
09:53 Sanjib : 30453 in BNF, great one UG
09:53 Sanjib : Morning job done 🙂
09:53 Uttam : done – (09:49) Uttam : 30440 next in BNF if 30510 gets reds
09:53 Vidhyasagar Lingesan : Open drive down?
09:53 Uttam : congo S
09:53 Sanjib : Thanks UG, it’s because of you
09:54 Uttam : _/\_
09:55 Uma : Lots of 0s in the middle
09:55 Rusi : can,t see profile . need some adjustment
09:55 Rajiv Ohri : 1344 in BNF is a longs SL?
09:56 Uttam : 30360 next in BNF
09:56 Uttam : if it stays below 30440
09:57 Jitender : Rajiv 325 is a poss
09:58 Uttam : a big IB range today alreayd 440 points
09:59 Shai : Drive down open with OTF vols
09:59 Uttam : 30380 – (09:56) Uttam : 30360 next in BNF
09:59 Jitender : fr a change 🙂
09:59 Ankush Jain : after so many days
09:59 Ankush Jain : burger kha kha kar pet bhar gya sabka
09:59 Ankush Jain : 🙂
09:59 K2dt : bears aya jhumke 🙂
10:00 Shai : 13720- 30 supoply for rest of monring
10:00 Uttam : 30344 was a FA in BNF
10:00 Uttam : let us see if it gets a revisit
10:01 Uttam : the other 2 FAs of this series have not been visited 30021 & 29000
10:01 Uma : Since OTF is invovled, we should nto look for counter trend rt
10:02 Uttam : yes Uma, vwap will be the ref all day now
10:02 Uma : ok
10:02 Uttam : and the A period selling tail
10:02 Uttam : (09:50) Uttam : NF has an ext handle at 13679
10:02 Uttam : below 13679 NF can go for the VPOC of 13650
10:04 Ankush Jain : what is brown color band in Mplite?/
10:05 Uttam : HVN
10:05 Ankush Jain : ok, thanks
10:06 Ankush Jain : in mplite, A period vols showing 2 figures
10:06 Ankush Jain : one is volumes, other is change?
10:06 Uttam : go with the 30min OF chart for vols
10:06 Uttam : total vols & TPO vols that would be I guess
10:07 Uttam : in MPLite
10:11 Jitender : Rajiv 501-535 if sustains…can gv res sum run
10:11 Favas : jit downside ref?
10:11 Jitender : 325
10:12 KK : 510 crossed
10:12 Uttam : IB has a tail at both ends in BNF
10:13 Uttam : but VWAP needs to be taken out
10:14 Sumeet : nf having a strength / weakness analysis at vwap
10:16 Jitender : wat does vpoc n dpoc in 469-482 tell u :0
10:16 Jitender : 🙂
10:17 Prashant : test
10:25 Jitender : 532 (10:11) Jitender : Rajiv 501-535 if sustains…can gv res sum run
10:25 Rajesh G : jit does it shows shorter have booked
10:25 Shai : Intra – short NF 13713 sl of 13737 tgt 13680
10:25 Jitender : morn ones yes Rajesh
10:26 Jitender : dpoc+vpoc…also shws sum attempt at accumulation
10:27 Himanshu : First trade done- 30200 PE short for 60 Points –
10:27 Rajiv Ohri : Thanks JIT
10:27 Rajesh G : thanks jit
10:27 Jitender : +1
10:35 Jitender : 469 low post 532 (10:16) Jitender : wat does vpoc n dpoc in 469-482 tell u :0
10:35 Jitender : so range n markers given
10:35 Jitender : ST
10:36 Ankush Jain : auction slowing down in C
10:37 Chandrashekhar : yes,C was kind of silent yesterday as well
10:39 Shai : could be a normal day today , not expecting much from the short except a retest of the TB
10:39 Shai : RB*
10:39 Uttam : yes big IB reaqnge
10:39 Shai : +1
10:39 Ankush Jain : thanks Shai for quick cdlaeification on TB*. I was wonderingif I had missed something still
10:40 Ankush Jain : 🙂
10:40 Shai : 🙂
10:40 Sumeet : haha.. shai as a gag on a slow day, you should just post something with random abbreviations and let teh rest of the world figure out what you meant 🙂
10:41 Uttam : lol
10:42 Shai : I already challenge you guys with my typing skills . So I think that is enough 🙂
10:42 Ankush Jain : 🙂
10:42 Sumeet : its a miracle you trade and type at the same time.
10:42 Shai : first trade then type 🙂
10:43 Chandrashekhar : looks like there is some switch/connection problem
10:43 K2dt : man and here i thought chief u had templetes saved for intra calls…i stand corrected :)) no doubt abt ur typing speed
10:43 Chandrashekhar : that red band is going on & off…NF
10:43 Rajiv Ohri : Shai your MP skills +100 typing skills we all know what you mean when you key it in
10:43 Devkant : Shai how about you speak rather than type 🙂
10:45 Shai : Make an exit in the NF short at 13718 cmp
10:46 Shai : if it does not meet selling at 735 now, short is out for day
10:47 Shai : no real supply at vwap, hence choosing to exit
10:48 Jitender : +1
10:49 Jitender : have done 2 trades in 470-532..both one dwn + up..100 easy bps….if u guys seek balance or OAIR trades like me
10:49 Shai : +1
10:50 Jitender : tx
10:50 Sumeet : Fantastic, Jit… keep posting.. .your trades teach and inspire at the same time
10:50 Jitender : _/\_
10:52 Jitender : today was perfect example of how mkt gives many oppr..u need to customise yr system or approach as per yr comfort…..short at open..if u go by vols+lvl,, buy at 400 (like H shorted PE) fr retracement once u got 0s…3rd balance trades with logic or markers by mkt like in 470-532
10:52 K2dt : +100 Jit
10:52 Favas : +1
10:52 Sumeet : awesome
10:52 K2dt : congo Jit and H 🙂
10:52 Jitender : dont be 2 greedy or 2 fearful..be systematic n remember Sl is yr friend
10:53 Jitender : fry day rant over 🙂
10:53 K2dt : rant for u Jit..learning of a lifetime for us 🙂
10:53 Prashant : don’t be too greedy or fearful….yes…often i am both…
10:53 Sumeet : ditto Prashant
10:54 Sumeet : greens stuck at tops
10:54 Rajesh G : jit your rants are golden words for us, i keep a snapshot
10:54 Jitender : use DT sys n SL both judiciously guys with a system in place…u will overcum both extremes
10:55 Jitender : tx K2 & RG
10:55 Jitender : happy to share n give back
10:57 Rajesh G : do we have dpoc line
10:58 Chandrashekhar : Dpoc is at 710 for NF
10:58 Chandrashekhar : 506 for BNF
10:58 Rajesh G : yes C how do we track the changes
10:58 Rajesh G : that is shifting
11:02 KK : 800 COT in BNF
11:02 Shai : supply is thinning more
11:02 Chandrashekhar : SGX is also moving up
11:06 KK : Is NF red bar telling what will happen to BNF below 506..
11:07 Tejaswini : @Shai can we say BNF was unsuccessful to breach 31k after spending much time and volumes there and hence there could be retracement of the rally?
11:09 Himanshu : Second trade closed 30500 PE short – 40 Points – Closed on close of Green ..
11:10 K2dt : H ur winning streak is back 🙂
11:11 Tushar : @Uttam @ShaiWe tested ylow and rejected. One time framing in 5 min till VWAP.now trading above vwap. Does it indicate to go long? atleast to test yhigh?
11:12 Tushar : in NF
11:17 Uttam : @Tushar – (09:50) Uttam : NF has an ext handle at 13679
11:17 Uttam : when NF got a RB at 13681 long was there with a low risk
11:17 Uttam : for vwap
11:18 Uttam : we are still in IB & mostly in for a Normal Day so no trades at vwap
11:18 Tushar : Need to read ext handle….
11:18 Uttam : rejection at VWAP with reds in OF would have been a short because of the initiative tail in IB
11:19 Tushar : understood..thanks
11:20 Ankush Jain : fade the extremes type of day today?
11:20 Sanjib : HH – HL in C, D #NF
11:20 Uttam : till you get another high vol bar A
11:21 Uttam : volumes have died down after the action pacjed first hour
11:21 Uttam : acceptance at VWAP means no aggressive shorts remain
11:21 Tejaswini : +1
11:22 Uttam : big IB range means move mostly done for the day
11:22 Ankush Jain : strangles/straddles can come into play
11:26 Favas : dpoc 30607?
11:27 Chandrashekhar : these green in BNF all shorts SL?
11:27 Tejaswini : these are very big greens
11:27 Jitender : shifted favas
11:27 Favas : ug fresh long?
11:27 Favas : jit?
11:27 Jitender : abv 630 only now Favas
11:28 Favas : okey
11:28 KK : NF looking good above that 745 ?
11:28 Jitender : (10:16) Jitender : wat does vpoc n dpoc in 469-482 tell u :0(10:26) Jitender : dpoc+vpoc…also shws sum attempt at accumulation
11:28 Rajesh G : ok jit
11:28 Favas : +1jit
11:28 Jitender : gave 90 abv 535
11:28 Jitender : trading live 1 0 1 🙂
11:30 Tushar : 0’s in middle
11:30 Uttam : 30650 is that SOC of today – scene of crime
11:30 Uttam : BNF staying above 30511 meant will make that 80% rule in the 7-day comp
11:31 Uttam : above 30650 POC of 30786 back in play
11:32 Uttam : (10:39) Shai : could be a normal day today , not expecting much from the short except a retest of the TB(10:39) Shai : RB*(10:39) Uttam : yes big IB reaqnge
11:33 Uttam : (10:12) Uttam : IB has a tail at both ends in BNF(10:13) Uttam : but VWAP needs to be taken out
11:41 Uma : If it was an other day , I would have gone long in Nifty above Vwap. Now I learnt to hold it well after getting intot he trading room
11:42 Tejaswini : those greens in truble?
11:45 Rajiv Ohri : Where is the volume in the 20 point fall
11:46 KK : low volume falls and bug greens– Shorts closing above VWAP..?
11:46 KK : *big
11:47 Abhishek : that big 717 has lot of 0’s. SL triggered
11:47 Tushar : test of vwap?
11:48 Abhishek : no short as long as above VWAP
11:48 Abhishek : poor volume
11:49 Tushar : 20 points fall with low value till Vwap.. Is it test of vwap?
11:50 Tushar : volume*
11:50 Uttam : developing profile gives a clue on what kind of trades to take
11:50 Uttam : volumes have died down after IB which indicated downside capped
11:50 Uttam : no OTF also post IB
11:51 Uttam : and now forming a balance
11:51 Tushar : taking long…good idea?
11:51 Uttam : IB has tails at both ends but the more important one is at the top as moved away from prev Value & POC
11:52 Uttam : you need to fade the range Tushar, no tradews at vwap and mid point of day but it has to be used to exit or part book trades taken at extremes
11:52 Uttam : you get a IB at VWAP or abov it then new longs come into play
11:53 Tushar : ok..thanks
11:53 Uttam : 30650 as mentioned in the mornign is the imp ref in BNF for the day
11:53 Uttam : unless that is taken out on greens BNF remains weak
11:54 Uttam : ‘b’ shape profile for now
11:54 KK : these late reds in bnf can get stuck ?
11:56 KK : lets cross that 630 now.
11:57 Sanjib : 490 to 540 in BNF, based on those stuck reds at lows
11:58 KK : did NF 714 to ..staying in till 733
11:59 Jitender : 470 held again 🙂
11:59 Jitender : dont u love balance
11:59 Uttam : ‘p’ shape & ‘b’ shape can fade the Value
12:00 KK : now these will cover above VWAP..:)..and then round about..
12:01 Jitender : if 470 brks…with vols..fry day probab
12:01 Jitender : keep a note
12:02 KK : thoda aur
12:04 Sumeet : Amen Jit
12:08 Chandrashekhar : 3 IB’s back to back in NF
12:08 Chandrashekhar : 2 now..one disappeared
12:08 Jitender : went back to 470..trappn late greens (11:27) Favas : jit?(11:27) Jitender : abv 630 only now Favas
12:08 Favas : yeahh
12:09 Jitender : guys…day job done twice over…will be clocking off shrtly…tc n have a nice weekend
12:09 Favas : tnx jit
12:09 KK : even IB are low volume..only shorts covering moves ?
12:13 Himanshu : Jit
12:13 Himanshu : Congrates
12:13 Himanshu : They have spent inventory today with heavy volume in BNF
12:13 Himanshu : filling up – balance will take some more time
12:14 Himanshu : so going long is option I will take post – 1.45
12:14 Himanshu : let see –
12:15 Himanshu : UG – now I see MP charts live apart from OF charts .. Yday session was great and to see what to expect with MP chart ..
12:17 Uttam : super H +1
12:18 Uttam : wishing you more greens 🙂
12:19 Uma : Yes, yesterday’s session was really effective
12:20 Himanshu : Thanks – Now Value is lower with volume – in MP Chart suggest longs only above VAH with volume can make Short covering till then filling up inventory ..
12:20 Himanshu : One question – In MP Chart table of the current day
12:21 Himanshu : Where priod wise volume is there right
12:21 Himanshu : what is slash figure
12:21 Uttam : (11:59) Uttam : ‘p’ shape & ‘b’ shape can fade the Value
12:21 Uttam : see how NF tagged days VAH and now back at vwap/poc
12:22 Himanshu : like A has – 1036200 /108425 is postive COT of A period is – 108425
12:22 Abhishek : VAH and Dvah
12:22 Abhishek : difference
12:23 Himanshu : DVAH is developing VAH for current day
12:23 Abhishek : okay
12:24 Uttam : that seems to be the difference in day’s vol versus the average for that TPO but checking with the creator of MPLite Suyog once 🙂
12:26 Himanshu : Ohk –
12:27 Uttam : that is the delta OI H & Ankush
12:27 Uttam : if you take the mouse over the numbers it gives you the text also
12:28 Uttam : Suyog is made this so very infromative
12:29 Himanshu : HMm seen – ok now what is delta here is later – thax
12:29 Uttam : OI change from open
12:29 Ankush Jain : Thanks UG
12:29 Himanshu : Ohk thx ..
12:29 Ankush Jain : so much info
12:30 Ankush Jain : gree, red bands alternating
12:30 Uttam : BNF took sup at dVAL
12:30 Uttam : and now looking to porb back to the VAH with dpoc/vwap mid point
12:34 Ankush Jain : nice bell forming in yesterday’s lower half
12:35 Uttam : @Ankush that bold white line is the days POC
12:37 K2dt : vols coming in nf
12:37 Uttam : yes IS forming in NF at vwap
12:39 Uttam : VAL being defended in BNF
12:40 Uttam : reds getting stuck in that zone
12:41 Devkant : NF Ffalling on green bands and rising on red bands
12:42 Uttam : low volumes so all locals getting upside down D
12:43 Devkant : +1
12:44 Chandrashekhar : Hammer time?
12:44 Uttam : overlapping POC in BNF at dVAL
12:44 Uttam : NF almost hitting dVAL – (12:21) Uttam : (11:59) Uttam : ‘p’ shape & ‘b’ shape can fade the Value(12:21) Uttam : see how NF tagged days VAH and now back at vwap/poc
12:46 KK : this time 740 deserves to be crossed
12:49 Uttam : NF & BNF bpth from dVAL now rotating back higher with NF above VWAP & BNF at vwap
12:54 K2dt : https://vtrender.slack.com/archives/C0F2VRTPW/p1608276295328200
12:54 K2dt : my tiny contri to team VT
12:54 K2dt : saved u guys some legwork :p
12:56 K2dt : like UG said yest focus on 15 min and IB vols to get a grasp on the action
12:58 Tushar : i believe shortes are trapped below vwap n NF
12:58 Uttam : that is the reason I mentioned in the morning Tushar that no trades at VWAP but only exits or part booking
12:58 Uttam : fade the Value
12:59 Tushar : and short covering will move price higher….I dont know whetehr I am right or worng…
12:59 Tushar : not loking for tade at vwap…just thinking the logics
13:01 KK : like HImanshu said, no volumes till 145 for long , or till 470 breaks in BNF..
13:04 Uma : Perfect straddle/strangle day rt
13:08 Rajesh G : ug mp lite chart in bnf is lagging
13:09 Rajesh G : on browser
13:12 Chandrashekhar : Mp lite charts wuld be lagginig for 3-4 minutes…as mentioned yesterday/earlier
13:20 Uttam : yes Rajesh 2-3 min delay is there but that is fine for TPO charts
13:20 Uttam : you have the time given at top
13:23 Uttam : post 2pm we could get a RE lower in both as Value forming is lower today
13:23 Uttam : for now it’s a b
13:25 Uttam : wah NF doing a boom boom?
13:25 Uttam : BNF followeing suit
13:26 Uttam : yeh kya hua
13:26 Uttam : big vols
13:26 Chandrashekhar : 2478 green @ top
13:26 Sanjib : 2478 greens
13:26 Sanjib : flag bearer
13:26 Uttam : BNF at SOC of 30650
13:26 Uttam : 2500 green there
13:26 Anuj null : ftse rebalance ?
13:26 Chandrashekhar : shorts SL looks like
13:26 Uttam : into the morning singles
13:27 Chandrashekhar : I made RE 2 days back as well
13:27 Uttam : you rock Chandra 😉
13:27 Chandrashekhar : no trades Uttam..
13:28 Uttam : same here
13:28 Tushar : is it short covering?
13:28 Chandrashekhar : can we go long here
13:28 Chandrashekhar : for 780?
13:28 Uttam : yes IB at vwap in both
13:29 Chandrashekhar : missed it….770 already…R:R not good here
13:29 Uttam : BNF only concern is that green at top
13:29 Uttam : 650 needs to sustain
13:30 KK : NF above greens
13:30 Uttam : above 650 VNF can go for 30786
13:33 Prashant : What is this 13766 VWAP? vwap is much lowe, right?
13:33 Uttam : that is the 2std vwap band
13:34 Uttam : upper one
13:34 Prashant : ok
13:41 Chandrashekhar : guess NF did 80% on previous value on this upmove…right Uttam?
13:42 Chandrashekhar : 732-768
13:45 KK : if fryday comes in BNF, all thanks to that green at the top
13:45 Arjun : the 2000 lot guy was a weak short ? !
13:47 KK : 650 ke baar’
13:48 KK : SPX moving up
13:55 Chandrashekhar : 778 here
13:55 Chandrashekhar : now that morning A singles have been negated in NF
13:55 KK : 28 more
13:55 Chandrashekhar : can we look for a higher ref in NF?
13:56 KK : UG, any guidance or book ?
13:56 Chandrashekhar : Shai/Uttam?
13:57 KK : bnf needs ot support
13:58 Chandrashekhar : BNF finding hard to cross PDL
14:00 Viswas : ug 694 red and 672 green at 13770, how we can read this
14:01 Shai : 13740 zeros holding the NF till close now
14:01 Shai : shoukld have tested 13786
14:01 Shai : can still do
14:02 Shai : sellers lost the plot early on that vwap test- (10:47) Shai : no real supply at vwap, hence choosing to exit
14:02 Shai : day high was always coming when that happened
14:02 Shai : Anyone traded long?
14:02 Viren : ME
14:02 Tushar : me too
14:02 Uma : No I thought it was risk to go long at vwap
14:02 Viren : Traded Long In BNF above 30511 by option
14:02 Tushar : when tested vwap twice
14:02 Shai : +1
14:03 Shai : can buy next dip closer to 745- 750 sl below 725
14:03 Rajeshwarrao : yes i was long
14:05 Tejaswini : BNF good for 786?
14:07 Rajesh G : ug what is that black line DOP means
14:09 Chandrashekhar : 1600 green for bnf @ top
14:10 Chandrashekhar : shorts exiting?
14:12 Uttam : (13:28) Chandrashekhar : can we go long here(13:28) Uttam : yes IB at vwap in both(13:29) Uttam : BNF only concern is that green at top(13:29) Uttam : 650 needs to sustain(13:30) Uttam : above 650 VNF can go for 30786
14:12 Uttam : IB at vwap is an invitation to go long
14:12 Uttam : volumes were there in that break above vwap
14:12 Chandrashekhar : +1
14:13 Sanjib : BNF 30666 to 30720 half done
14:13 Tejaswini : 1877 greens at 30714
14:13 Uttam : congo S
14:13 Sanjib : Balance to close at 30780
14:13 Uttam : congo – (14:02) Viren : Traded Long In BNF above 30511 by option
14:13 Sanjib : Uttam – Can’t thank you enough for last night’s session of yours
14:14 Chandrashekhar : more green for bnf
14:14 Chandrashekhar : K here
14:14 Uttam : _/\_ and I can’t thank Shai & VT enough 🙂 – (14:13) Sanjib : Uttam – Can’t thank you enough for last night’s session of yours
14:14 Sanjib : +10000
14:15 Arjun : can today be NeuX ?
14:15 Uttam : just that beer’s on you when we meet next S 😉
14:15 Ankush Jain : yes UG. The mplite chart is making so much more sense now
14:16 Uttam : told you guys MP is the base
14:16 Sanjib : TSL taken at 30720
14:16 Uttam : it makes so much more clear as to whhat trade we need to be taking on each day
14:16 Ankush Jain : IBL not breached. So no NeuX Arjun
14:16 Sanjib : +1 Ankush J
14:16 Sanjib : Absolutely Uttam… Beer is on me’
14:17 Uttam : IB break only not happened still and unlikely looks like so NeuX kahan se laode Arjunji 🙂
14:18 Arjun : 🙂 it has happened in NF
14:18 Uttam : oh ok 🙂
14:19 Uttam : that failed IS in NF has given such a big move
14:19 Uttam : 13724-13790
14:19 Chandrashekhar : that greens on top for bnf not looking good?
14:20 Uttam : BNF one tag of 30786 to banta hai comeon
14:20 Chandrashekhar : green band also stopped here for both
14:20 Uttam : 30650 once again ref in BNF
14:21 Shai : 3-610 sl into close BNF- (14:05) Tejaswini : BNF good for 786?
14:22 Shai : may attempt 30930 – 30980 again as long as 30600 holds
14:22 Tejaswini : ok thanks chief
14:23 Uttam : NF has a trending weekly profile too so can close at highs after this move above IBH today
14:23 Uttam : shorts once again being forced to cover
14:26 Chandrashekhar : K had been silent for 2 days..no killer moves
14:27 Uttam : you trying to instigate K?
14:27 Ankush Jain : Pilao beer isko
14:27 Uttam : DOP = Day Open (14:07) Rajesh G : ug what is that black line DOP means
14:27 Chandrashekhar : atleast if it could listen to us;)
14:28 Uttam : when you get IB at vwap that gives confirmation to go long Uma – (14:02) Uma : No I thought it was risk to go long at vwap
14:28 Uma : yeah got it now
14:28 Uma : thanks
14:29 Uttam : +1 that is why we have OF
14:29 Uttam : shows us when volumes come in
14:29 Uttam : from morning all VWAP visits were low volume ones
14:29 Uttam : but the one we got at 13:25 was big volume one in both
14:33 Uttam : looks like spike coming
14:33 Uttam : lets see what L gets
14:33 Uttam : 30680 BNF
14:33 Uttam : (14:20) Uttam : 30650 once again ref in BNF
14:33 Uttam : lets go higher guys 🙂
14:34 Uttam : je baat
14:34 Shai : Buy 13800 ce at 77-79 sl of 68 tgt 95
14:34 Uttam : 1k green in BNF
14:34 Shai : just ran up- don’t chase
14:34 Uttam : 30786 aaya kya?
14:34 Sanjib : +1 UG
14:35 Shai : was waiting for that dip to come littel more deeper
14:35 Uttam : all MP levels Sanjib
14:35 Himanshu : UG maharaj ki jai
14:35 Sanjib : I am a convert now finally
14:35 Himanshu : haha
14:35 Himanshu : Chief & UG shall we close ..
14:35 Shai : This was done- (14:01) Shai : shoukld have tested 13786 in J- (14:01) Shai : shoukld have tested 13786
14:35 Himanshu : I mean or wait –
14:36 Uttam : spike to abhi shuru bhi nahi hua H 😉
14:36 Shai : Thej the dip came- (14:03) Shai : can buy next dip closer to 745- 750 sl below 725
14:36 Himanshu : Bhai UG – Itna profit ke aadat nahi thi pehel
14:36 Shai : can push to 13813
14:36 Himanshu : You guys spoiled me
14:36 Himanshu : I am in now monthlt 30500 PE short from 512
14:36 Shai : 🙂
14:36 Himanshu : which is 388 now
14:36 Uttam : +1 H
14:37 Himanshu : so I will close 50 %
14:37 Himanshu : and 50 % for respect to Chief’s level of – 30960
14:37 Uttam : yep profit booking is always good for account 🙂
14:38 Uttam : once it got above 30650 never looked back below it – (13:30) Uttam : above 650 VNF can go for 30786
14:38 Uttam : NF new highs for the series
14:38 Uttam : boom boom
14:38 Ankush Jain : ATH
14:38 Uttam : 30876 in BNF next and above it 30960
14:39 Shai : +1
14:39 Uttam : 30760 is immediate ref on diwnside
14:39 Shai : 30600 had the continuation zeros though not as much as the NF one
14:39 Shai : but the continaution zeros are always great supp and supply points
14:39 Uttam : +1
14:40 Shai : till the next set of zeros come at top or bottom of bar per thye case
14:42 Uttam : 30876 where art thou?
14:42 Chandrashekhar : new high for the day in BNF
14:42 Uttam : 30865 only
14:42 Sanjib : Someone said today that K period has lost its charm :0
14:43 Uttam : C did thi
14:43 Uttam : this
14:43 Chandrashekhar : ha ha …
14:43 Uttam : sometime instigating works
14:43 Chandrashekhar : so we have to remind this everyday looks like
14:43 Himanshu : covered – 30500 PE at 359
14:43 Uttam : congo H
14:43 Himanshu : On kiss to 865
14:43 Uttam : remember guys the topic on FA yesterday?
14:43 Himanshu : Bhai – Namaksakr – Aap log Mahan ho
14:44 Uttam : 30344 was an FA and todays fall in the mornign did not tag it
14:44 Uttam : can be used as a reference
14:44 Himanshu : considering Fry day did so ,,
14:44 Uttam : L period here
14:45 Uttam : now C please instigate L also
14:46 Sanjib : ha ha
14:47 Chandrashekhar : L had been delivering from past 2 days…
14:47 Uttam : so it can do better you mean 😉
14:50 Uttam : 80% Rule happening in the composite in BNF today both down & up guys
14:50 Uttam : 30511-30786-30876 was the composite Value
14:51 Chandrashekhar : 3.05 spike probability Uttam?
14:51 Uttam : can happen before that also C
14:53 Anand : Shai ji.. Can 13800CE at 80 for the long trade you gave ?
14:53 Sanjib : Of, yes UG. Could’ve minted money today 🙁 Alas….just joking
14:53 Uttam : we need to get the process right S, rest all will fall in place 🙂
14:54 Sanjib : +1 UG
14:54 Rajan Modi : Shai; whats stop loss for NF now?
14:55 Uttam : L needs to make new highs soon
14:56 Ankush Jain : momentum seems lost
14:57 Uttam : weekend mode it has got into, lets see if C is doing something at 3:05 as he did with K
14:57 Chandrashekhar : ha ha ..
14:57 Sanjib : L seems to be in Christmas holiday mood
14:57 Chandrashekhar : just watching now…
14:58 Tejaswini : After chiefs comment that BNF can attempt higher with Sl of 610, there was a dip. loaded calls without fear there
14:59 Shai : 13750 still- we will updated when greens come- (14:54) Rajan Modi: Shai; whats stop loss for NF now?
14:59 Shai : need to counter than pink band and rise abv 13786
15:02 Shai : see if RIL can take off
15:02 Tejaswini : wherever BNF goes during the day, she comes back here to close
15:02 Shai : 1986 cash
15:02 Porus : HDFC Bank preventing
15:02 Uttam : magnetic power of prominent POC at 30786
15:03 Uttam : not letting go of BNF so they need to break up soon 😉
15:03 Tejaswini : @Shai what about those OTF sellers from morning? Have they covered yet?
15:04 Uttam : when vwap got accepted in the morning, it was clear that the shorts have all booked T
15:04 Tejaswini : And will they be back on monday?
15:04 Uttam : need to call them & ask 😉
15:04 Chandrashekhar : GUess most of the greens we saw around 730 were all shorts SL
15:04 Tejaswini : thanks UG
15:04 Chandrashekhar : right Uttam?
15:06 Shai : Red band- make exits in the 13800 call here at 77
15:06 Shai : exit in BNF also
15:06 Shai : pinmks riing
15:06 Rajan Modi : RIL SL Shai?
15:07 Shai : noit a intgra day trade
15:07 Shai : time less for that
15:07 Rajan Modi : right
15:07 Uttam : NF or BNF this was for C? – (15:04) Chandrashekhar : GUess most of the greens we saw around 730 were all shorts SL
15:08 Chandrashekhar : BNF
15:09 Uttam : you mean that 1268 guy at 30760?
15:09 Chandrashekhar : yes
15:10 Uttam : looks like a mix of orders SL plus fresh greens
15:11 Uttam : but majorly shorts would have been forced to cover
15:11 K2dt : i guess this weekend we should organise bnf nazar utaro yojna
15:11 Himanshu : UG – Now value is lower for the day – so Monday it can probe in today’s profile
15:11 K2dt : so that it gives strength to nf 🙂
15:12 Himanshu : BNF – ko strength ke liye – Naya Index hi banadiya
15:12 Himanshu : so you have bajaj finance –
15:12 Uttam : BNF is in a composite H
15:12 K2dt : lol
15:12 Himanshu : which is also operated daily very well
15:12 Chandrashekhar : NF good for a composite Uttam?
15:12 Uttam : tried to move hgiher last 2 days got reejcted
15:12 Himanshu : ok
15:12 K2dt : yes bajajfin is strongly holding on to nf
15:12 Uttam : today went lower again got rejected
15:12 Uttam : NF has a nice 2-day balance now
15:12 Himanshu : so we cant say – todays 30486 POC is still secure as
15:12 Chandrashekhar : +1
15:12 Sanjib : So, MOnday will be a 8 day composite for BNF?
15:12 Rajesh G : shai can we carry reliance long
15:12 Himanshu : OTF was active to drive today down
15:13 Uttam : BNF giving a nice weekly balance as well with close around the weekly POC
15:13 Uttam : so next week can expect a drive away
15:13 Uttam : so no hangovers on Monday 😉
15:13 Sanjib : Santa coming ??? 🙂
15:13 Chandrashekhar : christmas holidays nearing
15:13 Uttam : yep 4-day week
15:13 Uttam : FRiday is Xmas so long weekend we have
15:13 Uttam : next one
15:13 Chandrashekhar : so chances of all these longs booking?
15:14 K2dt : fri-fri comp UG or mon-fri?
15:15 Uttam : weekly is Mon-Fri H
15:15 K2dt : sry that would be 8 days :p
15:15 Sanjib : chalo bhai, have a nice weekend
15:15 Himanshu : We had FA at 30018 on 7/8th Composite
15:15 Uttam : see the difference in NF & BNF weekly profiles – NF has a trending one so has made new hgihs into the close & BNF is a well balanced one so closing around the POC
15:15 Himanshu : so spike below – 30486 – can getthere,,
15:16 K2dt : so bnf can be in imb nxt week 🙂
15:16 Uttam : confirmation needed at open though
15:16 K2dt : +1 UG
15:17 K2dt : bye all.tc..have a gr8 weekend..thnx all
15:17 Rajan Modi : super trade in Ril Shai. Thx _/\_
15:19 Shai : _/\_
15:21 Shai : A little more green abv 13786 would have helped NF also
15:21 Shai : that oine did not work out
15:21 Shai : friday booking effect
15:22 Uttam : dPOC in NF shifts to 13775
15:23 Shai : inside and overlap
15:23 Shai : end of small IPM from phase 2 up
15:23 Rajeshwarrao null : ug:As u said yesterday today closing will decide in BNF..whats next
15:24 Uttam : closing right in middle of the composite R so need a move away form this baalnce of 8 days now
15:24 Uttam : made an attempt on both sides this week but got reejcted
15:24 Uttam : we have a Neutral profile on weekly too in BNF
15:24 Rajeshwarrao null : Ok
15:27 Shai : Have a nice weekend everyone
15:28 Shai : stay safe
15:28 Ankush Jain : +1
15:28 Uttam : thanks All 🙂 have a wonderful weekend
15:28 Tushar : Have a nice weekend to all.
15:29 Himanshu : UG – Chief had awesome day
15:29 Himanshu : Kuddos to VT
15:29 Uttam : congo H
15:30 Himanshu : Feel like learnt Vedas of Trading