Order Flow charts dated 18th June 2020

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.

Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of Order Flow trading.

NF

Vol Pic2 Nf 13 Order Flow Charts Dated 18Th June 2020 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 2 Bnf 13 Order Flow Charts Dated 18Th June 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

Room Chat

08:59 Santhosh null : gm all
08:59 Shai : Gm all
08:59 Ashok null : GM all
08:59 Sanjiv : Gm guys
08:59 Favas : gm all
09:00 Manikandan : Gm all
09:00 Amit Jain null : gm all
09:00 Avinash : GM Everyone
09:00 Prateeek : gm friends
09:00 Rajesh G : gm
09:01 Neeraj : GM ALL
09:02 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/648851149
09:02 Vtrender Live : 5 min charts of NF- https://join.me/802-406-789
09:04 Giridhar Gowravajhal : GM all
09:04 Boppanna : Gm all
09:04 Krishnakant : Gm everybody. all the best for expiry
09:04 Vtrender Live : 5 min charts of BNF, password vtrender-https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
09:06 Chandrashekhar : GM all
09:07 Shai : Yesterday’s profile went two way late into the close catching a lot of longs off guard abv 9900
09:07 Shai : A quicik liquidation followed visible through multiple IS on the screen
09:07 Shai : ref line for open hence is at 9930
09:08 Shai : supp from previous profiles is still at 9750 below which we have not seen any real IS all week
09:08 Shai : we wait to see if that changes today
09:08 Ashok null : chief..quick clarification..can we hold monthly PE or square off at open
09:08 Shai : 9808 and 9750 are 2 ref areas to watch lower today
09:10 Shai : wait first 5-10 mins and will update range for open
09:11 Ashok null : thanks Chief
09:11 Sreeram : Good Morning all
09:12 Tejpreet : GM All.
09:12 Uttam : Good Morning All πŸ™‚
09:12 Chintan : GM all
09:12 Shai : will have the pace of tape updated and put back on screen. It was not taking all ticks and updating, hence is off for the moment
09:13 Sachith : Good morning everyone… happy trading…
09:21 Himanshu : GM all
09:21 Shai : 9885 supply for this open, ref down from the 9930 pre open level
09:25 Shai : OAIR at lows of yesterday
09:25 Shai : singles were here yesterday
09:26 Krishnakant : 9885 is sport or futures supply??
09:27 Krishnakant : *spot
09:27 Uttam : futures
09:27 Ankit Maheshwari : All future levels here
09:27 Uttam : all references are futrues
09:27 Uttam : unless specified otherwise
09:28 Krishnakant : thank u so much uttam
09:29 Avinash : Charts Stuck
09:31 Uttam : NF needs to stay below 9840 for more downside
09:31 Uttam : BNF weak
09:33 Shai : OAIR here
09:34 Shai : they are inviting players to come and trade
09:34 Uttam : BNF getting some greens here
09:34 Uttam : 30k at 20k levels
09:34 Shai : red carpet being laid for option writers
09:34 MJ : lol
09:34 Praveen : lol rangebound day seems
09:35 K2dt : later in the day they will pull the rug
09:36 K2dt : seeing a dull open after a long long time
09:36 Uttam : dull opening on expiry day is a good omen πŸ˜‰
09:37 Uttam : Tej will vouch for it
09:37 KK : not understanding why 9800 PE would be at 21, when spot is at 9880, on an expiry day ?
09:37 Tejpreet : +100 Uttam ….just give us a small IB πŸ™‚
09:37 Uttam : vols are very low so very much possible unless we get a vol expansion
09:38 Uttam : looks like the sellers are checking the buying power here
09:38 Uttam : before they press the pedal
09:38 MJ : SC hearing is at what time?
09:41 Sanjib : NR4 + IB for both NF and BNF
09:41 Sanjib : Expecting explosive expiry
09:43 Milind : Fitch revises outlook to Negative on India
09:45 K2dt : vix falling since open.. good sign?
09:46 Ankit Maheshwari : Like Shai said, Carpet being laid
09:46 Ankit Maheshwari : Making Writers comfortable
09:47 K2dt : +1 Ankit
09:48 K2dt : what time is SC AGR verdict?
09:51 Chandu : shai for 9900 short straddle wat wil b SL is it 176 jst fr learning purpose, vpoc n vwap zone tat is
09:55 Shai : OAIR- locals at play
09:55 Shai : None of the big red COT we saw yesterday visible yet
09:56 Chandu : shai as of knw our biaas is negative ?
09:56 Uttam : RS at 9875
09:56 Uttam : 50k red
09:56 Uttam : above that can do 80% ruke
09:56 Sanjeet : we have to wait till the time institution buyer/seller comes …
09:56 Uttam : in yesterday value
09:56 Fenil : one big seller was at 9900/9930 yest, right? hold yests PE till then?
09:56 Ashok null : chief you mean..they are still holding their shorts
09:57 Shai : Intra = Short NF 9869 sl of 9895 tgt 9832/ 9806
09:57 Fenil : @Shai
09:58 Naresh Dubbudu : We have an IB. Why call for the short Shai?
09:59 Shai : on RS
10:00 Naresh Dubbudu : RS was not printed? Is is COT overruling IB print?
10:02 Shai : don’t always go by print, use the formula from the Training Library
10:03 Chandu : shai small doubt v r in for 80% ruleas v enter into yday value.., ? is tat right
10:04 Naresh Dubbudu : Formula? Sorry for not getting it. Please do explain this in next webinar. Thanks in advance.
10:04 Uttam : please go through the OF video where conditions explained in detail for each concept
10:05 Naresh Dubbudu : Will go back to it & try to find it Uttam. Thanks.
10:06 Shai : It’s there in those videos
10:07 Chandu : uttam bnf enters into 80% rule? i think with with IB v can paly/ am i right
10:07 Shai : It’s again a border line view and in that man versus machine I will always side with Man
10:07 Ketan : +1 shai for that man/machine
10:07 Shai : the reason we did not get a print of RS is only baecuase the volumne is higher, but I let the pink band override that
10:07 Uttam : IB COT is just 8k Chandu?
10:08 Uttam : we have a 57k red cot next bar
10:08 Shai : Again you can choose to overlook that and take a view
10:08 Govind : +1 Shai, huge sell imbalance at top in that pink band…..need to be creative with views sometimes
10:08 Chetas : visually it looks like the ship is turning back down
10:08 Shai : NF at 9868 still at cost. Exit the trade and let’s wait for some more time
10:09 Boppanna : Shai how much significance do you give to yesterday single prints not taken in IB?
10:09 Boppanna : NF
10:09 Shai : there is no follow up to that 1 seller, hence out
10:09 Uttam : RS being taken ourt
10:10 Shai : +1 indeed- (10:08) Govind : +1 Shai, huge sell imbalance at top in that pink band…..need to be creative with views sometimes
10:10 Shai : I’ll wait on an extension to confirm as we are in OAIR- (10:03) Chandu : shai small doubt v r in for 80% ruleas v enter into yday value.., ? is tat right
10:10 Chandu : uttam fr 9000 short straddle is SL is 178 as vpoc n vwap zones ?
10:11 Ashok null : chief..can we hold the monthly PE or exit ?
10:11 Shai : exit abv 9885
10:11 Ashok null : 9900PE
10:11 Ashok null : ok sure
10:11 Shai : mentioned at 09.21- (09:21) Shai : 9885 supply for this open, ref down from the 9930 pre open level
10:12 Shai : we keep it there
10:12 Shai : we get a range extension point also there to monitor
10:12 Shai : let it come to us, no need to frint run this
10:12 Shai : front*
10:13 K2dt : +1
10:13 KK : +1
10:14 KK : aa gaya red
10:14 Uttam : C side here πŸ™‚
10:15 KK : look at the COT in BNF ?
10:15 Tejpreet : Uttam 69 odd IB ….3 IB day can be done !!
10:15 Uttam : some SLs hit there looks like
10:16 Uttam : 69 point range in NF πŸ˜‰
10:16 KK : so play on for 9920, once it is above 9885
10:16 KK : ?
10:16 Uttam : +1 Tej
10:17 Jitender : hearn around 11.30
10:18 MJ : Thanks jit
10:18 K2dt : +1 Jit
10:23 Uttam : tags the POC of the 2-day composite – (09:56) Uttam : RS at 9875(09:56) Uttam : 50k red(09:56) Uttam : above that can do 80% ruke
10:24 Ankit Maheshwari : C side extension on OAIR ?
10:27 Shai : if 9880 breaks we drop to vwap
10:27 Uttam : BNF could lead that move
10:27 Uttam : 0s at top
10:27 Uttam : back in IB
10:27 Jitender : box ibh value incorrect ?
10:29 Shai : 20179 is the correct 1
10:29 Shai : just thoseo’s messing it
10:29 Uttam : 20192 is IBH Shai?
10:29 Jitender : tx
10:29 Govind : I have 20192 too
10:29 Shai : okay
10:30 Shai : happened just at 10.15 , few ticks
10:30 Uttam : yep
10:37 Chandu : uttam wil u plz tel wat wil b SL for 9900 strddle is it 178 which is vpoc n vwap zones? r any other .., jst fr learning
10:38 Uttam : let me check the chart Chandu as I am not into weekly options
10:38 Uttam : but yes even the monthly one has been tredning lower since open – had to exit my long combo at 15point SL at open
10:39 Ashok null : lower vix?
10:39 Uttam : 990 straddle is at 78 or 178?
10:39 Chandu : 78
10:39 Chandu : SL 178 .. i hav nt taken bt jst fr knowledge
10:40 Uttam : we have an OD down today
10:40 Shai : Buy 9900 pe above 49 sl of 29 tgt 68/ 81. Buy abv cmp 45.
10:40 Uttam : can trail SL to the start of today’s selling tail at 100 – https://mplite.vtrender.com/?symbol=O_NIFTY9900PE20200618_NIFTY9900CE20200618&tf=daily&tpo=2&isComposite=0&ivp=0&sp=1&startDate=&endDate=&nDays=8
10:42 Ankit Maheshwari : Looks like some heavy buying in 9600PE today expiry
10:42 Shai : first IS
10:43 Shai : the 3 IB’s did not show much demand in COT and I was not interested in working with them
10:44 Govind : +1 Shai
10:44 KK : Nice
10:45 K2dt : 77-90 9950pe
10:45 Shai : 54 reduce half and bring sl to 43 on rest- (10:40) Shai : Buy 9900 pe above 49 sl of 29 tgt 68/ 81. Buy abv cmp 45.
10:46 Shai : front week expiring, any pause at vwap may not help
10:46 Shai : hence take what we have
10:47 Boppanna : +1 Shai
10:49 K2dt : UG aaj FA dedo
10:49 Shai : C to vwap done
10:50 Shai : FA has to breakl vwap, no?
10:50 Avinash : +1 Shai
10:50 K2dt : wild imagination chief πŸ˜€
10:50 Uttam : lets do it
10:50 Shai : πŸ™‚
10:51 K2dt : je baat UG
10:51 Shai : There is a reason Uttam calls C the “dhoka” period. We seeing live evidence of the crime there today πŸ™‚
10:51 K2dt : +100
10:51 Chandrashekhar : +100 Shai & Uttam
10:51 Uttam : most of the FAs come in C is also a fact
10:52 Shai : +1
10:52 Shai : kya karein- retail is always catching the tail of the move πŸ™‚
10:52 Uttam : πŸ™‚
10:52 Ashok null : let’s go for your 9750 target chief
10:53 K2dt : respond nd not react chief…learnt from masters at VT πŸ™‚
10:54 Uttam : guys who want to know more about FA have put a link in slack
10:54 Uttam : from Ray Barros
10:55 KK : chalo 9808 first, 9750 to baad mein aayega
10:56 Kannan : Can you please share the link, Uttam? Or please tell me where I can find it in Slack.
10:56 K2dt : +1 KK
10:56 Uttam : https://vtrender.slack.com/archives/C0N9BFAF4/p1592457905048400
10:56 Shai : 9900 pe flies abv 56 cross in this E period
10:57 Shai : best results in D ** not E
10:57 Kannan : thanks, Utaam
10:57 Kannan : *Uttam
10:58 Uttam : welcome K πŸ™‚
10:58 Uttam : BNF taking usp at overlapping POC pf 20140
10:58 Uttam : stays below it can move lower
10:59 K2dt : chief tgt on 9900pe DH?
11:00 Shai : tgt same
11:00 K2dt : +1
11:04 K2dt : now coiling at vwap
11:08 Jitender : Shai..bnf range probability fr the day so far ?
11:10 Uttam : lowest IB vols in both so be safe guys
11:11 Uttam : back above IBH both
11:13 Uttam : by the way BNF did that 1.5 IB in that C side spike
11:13 Uttam : 20299
11:13 Uttam : NF 1.5 IB at 9911
11:15 Shai : still at 19850- 20450- (11:08) Jitender : Shai..bnf range probability fr the day so far ?
11:16 Sreedhar : exit 9990 pe shai?
11:17 Shai : exit reamining qty of puts
11:17 Shai : that stall is not helping
11:17 K2dt : PM live
11:19 Prateeek : Launch of auctioning of 41 coal mines for commercial mining. FYI
11:19 Abhishek : listless mkts
11:19 Prateeek : and just regular mann ki baat types speech. nothing material
11:19 K2dt : lol.. spot on Prateeek
11:20 Shai : waiting out that AGR hearing now
11:20 Shai : 11.30
11:23 Jitender : tx Shai
11:23 Tejpreet : Shai the SL for the big red cot of yesterday 9960 ?
11:24 Shai : 9970
11:25 Tejpreet : tks
11:28 Prateeek : summary for his speech – coal related work was as bad as it could be ; and now it would be as good as it can get
11:29 Giridhar Gowravajhal : Shai, what’s the average traded volume for 30 min?
11:30 Ankit Maheshwari : Yeah!!
11:30 Neeraj : SEE COT IN NIFTY
11:30 Suresh : all SL getting hit
11:31 MJ : lol 265k
11:31 MJ : reds
11:31 Shai : some large order
11:31 Shai : very big LLT
11:31 Ankit Maheshwari : and 0s above it
11:31 Fenil : profit booking?
11:31 SagarK : how to read it ?
11:31 Shai : biggest of the series
11:31 MJ : yes chief.
11:31 Ankit Maheshwari : Lets go with him the πŸ™‚
11:31 K2dt : wow
11:31 Uttam : 0s at top also Shai?
11:31 Chandu : is it fresh sell order?
11:31 Ashok null : profit booking?
11:31 Uttam : is it a single order?
11:31 Fenil : LLT means?
11:31 MJ : Large Lot trader.
11:32 Chandu : large lot trader
11:32 Shai : 254775 is his qty
11:32 Ankit Maheshwari : Modi on TV
11:32 Uttam : cool
11:32 Ankit Maheshwari : Coal related announcement
11:32 Shai : lack of liquidity for his order created that spike
11:32 Uttam : any chance of a Roll Shai?
11:33 Dhananjayan : is it a buy order?
11:33 Favas : sell order?
11:33 Govind : that bugger knows something
11:33 Uttam : expiry week wednesday guy is back MJ?
11:33 Ankit Maheshwari : Its sell
11:33 Shai : sell side
11:33 Shai : of a hedged player
11:34 Chandrashekhar : can we take short positions on this Shai?
11:34 MJ : UG rolls not there yet in july.
11:34 Chandu : so it is not a new sell shai?
11:34 MJ : Yeah he’s seen after so long.
11:34 Sanjeet : can we buy put 29900
11:34 Jay Kothi : he 1st showed up on 1st june then came back on 2nd & 3rd june, again on 11th, 12th ,16th, 17th & today. He has the June expiry in his grip,
11:34 Sanjeet : 9900
11:34 Suresh : in bnf there iis no huge COT
11:34 MJ : my 2 cents on this extreme high sizes. They are hedged guys. and long term players.
11:35 Abhishek : charts on nf show a buy of 3.6 lk
11:35 Abhishek : at 11.31
11:36 MJ : should go in your journal for references.
11:36 Jay Kothi : Last time i have seen similar powerful grip was from 1st april to July 2019 @ 11700 levels
11:37 Ankit Maheshwari : Where did we end up then @Jay K ?
11:37 Jay Kothi : 9915 is his kingdom
11:37 Seshadri : shai RS with COT of 2.5 lakhs means selling and nifty will go down ?
11:38 Jay Kothi : we ended @ 10700 in 2 months & the only thing that got us out of his grip was c=the coroprate tax rate day
11:38 Ankit Maheshwari : Interesting
11:39 Saheer : any such qty in next month contracts?
11:39 Shai : +1 Jay
11:39 Jitender : hearn has strtd
11:40 Jay Kothi : He also controls HDFCBANK @987\
11:40 Ankit Maheshwari : Shai should we get out of Longs?
11:40 Jay Kothi : He has large risk appetite, can withstand 300 point move against. Different tactics required
11:41 Jay Kothi : He didnt loosen up even @10250 withing 7 days of initiation of trade
11:41 MJ : Jay in the past, expriy week would get orders as big as 7L size too.
11:41 MJ : Rolls
11:42 Jay Kothi : This guy is on since 1st june. He isnt a weekly expiry player, hardly even a monthly guy
11:42 Chandu : uttam is tis LLT trader isd supply for day as of knw?
11:42 Ankit Maheshwari : Similar volumes in July fut as well
11:42 Ankit Maheshwari : Lets see if its a roll
11:43 Jay Kothi : He is also the who came up @10250 & then twice @10150 which SHAI spoke of
11:44 Uttam : 3L in Jul Shai?
11:44 Uttam : sorry ignore
11:44 Jay Kothi : Good thing is he is showing up below 9750 like shai keeps saying
11:45 Jay Kothi : not*
11:46 Avinash : Jay would you also know the dates of his appearence. Would be nice to go through the OF of the day.
11:48 Jay Kothi : check my earlier msg i wrote all dates, shai can easily determine his existence
11:48 Chandu : jay hw do v knw tats him?
11:49 Avinash : Not this series, 11700 to 10700
11:49 Jay Kothi : Its his determination to stop the mkts in hits tracks without and additional external newsflow, he also cares not for global or local ques, shows up at will. Shows his courage of conviction
11:49 Jay Kothi : apr-jul2019
11:50 Avinash : Thanks
11:51 Jay Kothi : Look at the conviction then, we were going into election in may n he showed up in april, before india’s biggest event, played right thru it until july when we finally buckled under his pressure
11:52 MJ : Jay
11:52 MJ : I used to track these rolls πŸ™‚ we all had fun seeing them come in every expiry.
11:52 MJ : And you are absolutely right, they have crazy conviction.
11:53 Shai : No- (11:44) Uttam : 3L in Jul Shai?
11:53 Uttam : thanks Shai
11:53 MJ : 33k vol same minute in july F.
11:53 Shai : Guys these big guys have positions to protect and he is generraly using the size as a hedge to protect maybe his portfolio
11:54 Jay Kothi : This guy today has a limit order , doesnt press below 9900 n so we dont definitely see him below 9750
11:54 Shai : we will respond if there is follow up selling from the rest
11:54 Jay Kothi : Yes thats my conclusion too
11:54 Shai : Also don’t forget all that blue we saw below 9750 on tuesday
11:54 Jay Kothi : It generally can only be a hedge as that alone can be with such conviction
11:58 Uttam : NF on for 9960 looks like
11:58 MJ : test that seller 9970 wala ug.
11:58 Uttam : BNF needs to get above 20300
11:58 Uttam : 45k green here in it
11:58 Uttam : 20430 coming in it?
11:58 Uttam : boom boom
11:59 Uttam : crazy numbers in both after the low volume open
11:59 Uttam : another 1L in NF
11:59 Uttam : 37k in BNF
12:00 MJ : Himanshu πŸ™‚ 9949 so far.
12:00 Uttam : done ins a flash – (11:58) Uttam : NF on for 9960 looks like
12:01 Suresh : good timing
12:01 Uttam : 3 IB is that VWAP again of 9997
12:02 Tejpreet : 3 IB itni jaldi πŸ™‚
12:02 Swapnil : DOW F recover losses
12:02 Uttam : 9961.9 bole to 9960 aa gaya πŸ˜‰
12:03 Tejpreet : +1
12:03 Avinash : +1 UG
12:03 Ketan : +1 uttam
12:03 Uttam : NF playing cricket
12:03 Uttam : hat-trick of IBs
12:03 Uttam : looking like 3 wickets
12:03 MJ : 21 to 77.7 9900 ce.
12:03 Uttam : hope does not get hit wicket
12:04 Chandrashekhar : but cot is red now
12:04 Nagaraj : Hit wicket lol UG
12:04 Uttam : Tej plan kya hai?
12:05 Uttam : not even 12:30 and we are 3 IB?
12:05 Chandu : uttam but cot nt supporting hw could v read tis
12:05 Uttam : LIC buying πŸ™‚
12:05 Uttam : just joking
12:05 Sreeram : Yes pls explain dear how can we read this
12:06 Uttam : demand is clearly overceding the supply
12:06 Ankit Maheshwari : 30 min has all high red cots since yesterday last hour
12:06 Tejpreet : Utttam 3ib upar and then 3ib neeche …how’s the plan πŸ™‚
12:06 Shai : 9970 sl of these reds
12:06 Uttam : 9972 was yesterday IS too
12:06 Uttam : 6 IB upar kaisa rahega Tej πŸ˜‰
12:07 Shai : yes 9972 better
12:07 Ankit Maheshwari : Hearing is progress
12:07 Tejpreet : as long as 6ib toh be chalega !!
12:07 Ankit Maheshwari : Justice Shah now tells Rohatgi (@VodafoneIN) – You must deposit SOME amount. You deposit some amount Mister, the government needs this money for the public, especially during the pandemic. GOI will use that money. You must deposit the money.
12:09 Prateeek : adjourn ho jayega phir. tareek pe tareek
12:10 K2dt : Telecom is the only industry which has done business during lockdown… observes SC lol
12:11 K2dt : Vodafone asking for 2 weeks..matlab yeh bhi gaya adjournment mei
12:11 Ankit Maheshwari : Datar: The pandemic has hit us. Demand with increase, profits will increase. We have already paid 37000 crores already. Justice Shah: Now you can’t argue this. We have already decided that.
12:11 Prateeek : adjournment is the norm, rest is exception
12:12 Ankit Maheshwari : *Datar is representing Tata Telecom
12:12 Uttam : BNF looking for its 20400
12:12 Shai : That 12.05 move was somnething
12:13 Shai : washed out so many CE writers
12:14 MJ : kaataal on 9900 ce
12:14 MJ : chief 10034? possible?
12:15 Ankit Maheshwari : 9972 has 1 Lac seller again
12:15 Uttam : 9972
12:15 Ankit Maheshwari : IB pe IB
12:15 Fenil : 9978 high
12:15 Fenil : sl hit ;(
12:16 Nagaraj : zeroes
12:17 Nagaraj : on top
12:17 Chandu : uttam 2L n 1.5L cot all these r fresh selling ?
12:17 Ankit Maheshwari : 30 mins COT are all big reds
12:17 K2dt : sellers doing a bad job
12:18 K2dt : so far
12:18 Jitender : adjourned to 3rd week july
12:18 Shai : No only the big guys are trapped
12:19 Shai : the rest of the market is still not in sell mode
12:19 Shai : but this upmove won’t stay
12:19 Shai : Am expecting this to pull back
12:19 Shai : waiting for IS
12:21 Shai : Buy 9800 pe of 25th June at 120 cmp sl of 103 tgt 160
12:22 K2dt : now all this SC shit is out of the way , next week should be less mad than this one
12:28 Abhishek : πŸ™‚
12:31 Ashok null : IS is here chief
12:37 Chetas : RS here would mean profit booking ? and IS new selling
12:40 Uttam : 9930 holding for now
12:40 Sreeram : POC is not allowing the fall
12:40 Uttam : overlapping POC there on 5mins
12:41 Boppanna : BNF as well 240
12:43 Nagaraj : Not easy today. Getting out when still in green.
12:44 MJ : 23.9L oi in 9900 ce still.
12:48 MJ : Last 2 days I gave us highs/lows
12:48 Shai : Upmove driven through stuck call writers
12:48 MJ : Whats the plan?
12:48 MJ : Yes chief
12:48 Shai : henmce diff to trade today
12:48 MJ : spotted them today. hence early in that 9900 ce.
12:49 K2dt : +1 chief not an easy day today
12:49 Sanjeet : should we wait in 9800 pe (next week)
12:49 Shai : happens on expiry day
12:49 Sanjeet : or exit which bought @120
12:49 K2dt : plus the slowness of OAIR πŸ™
12:49 Shai : maintain that sl
12:50 Sanjeet : ok
12:50 Shai : we exit if we get volume abv 9972
12:51 Shai : the 2 big guys arae at 9908 and 9972
12:51 Vishnu : sell?
12:51 Shai : 20400 is the seller in BNF yesterday
12:51 Shai : 20550 is the other 1
12:51 Chetas : his average would be 9940 then, can we see it like that ?
12:52 Shai : yes sell side
12:52 Jay Kothi : He’s probably not playing for today’s expiry
12:53 Shai : yes -they are a different time frame
12:53 Shai : longer ones
12:53 Shai : we trade the intra day here
12:53 Jay Kothi : He has shown comfort to let the past 2 weekly go against him
12:54 Jay Kothi : my guess is this guy here is the larger timeframe guy, hence nifty keeping on inching up n he wont resist today
12:54 K2dt : 200-300 points don’t matter to him i guess
12:55 Uttam : Bops you have 18 more mins for new highs
12:56 Uttam : are you taking out your hammer?
12:57 MJ : shai ce writers for higher strike stable? 10k ce?
12:57 Jay Kothi : nope
12:57 Jay Kothi : at risk
12:57 Uttam : 10041 will be nice today
12:57 MJ : lets see how much they risk then jay πŸ™‚
12:57 Uttam : 43k green
12:57 Uttam : one seller getting our
12:58 Uttam : out*
12:58 Jay Kothi : i am guessing he is long todays 9900 ce
12:58 Uttam : 9997 small hurdle
12:58 Shai : 9800 pe stopped out. Make exits
12:59 Jay Kothi : he’s playing a game here selling in larger timeframe n buying in the shorter one
12:59 Jitender : Jay ..his trade is over
12:59 Jitender : it will again come into play below 9910
13:00 Jitender : till ten we have to go by wats on screen
13:00 Tejpreet : +1 Jit
13:00 Jay Kothi : +1
13:00 Jitender : unless u r doing a positional trade with 100+bps Sls
13:01 Jay Kothi : all that selling not having any impact n like shai said BIG guys today in trouble not the smaller ones
13:01 Jitender : how do u know
13:01 Jitender : Sl is the only solution to trouble πŸ™‚
13:01 Jitender : its OAIR
13:02 Jitender : i traded as per it n after morn labour job…just scalpn
13:02 Jitender : but with al said n done..still at 1x Dt only
13:02 Jitender : so now watchn πŸ™‚
13:02 Jitender : trade only wat u undertsand
13:02 Nagaraj : I get your point Jit. Trade what you see.
13:02 Tejpreet : congrats on dt Jit
13:02 Jitender : tx bro
13:03 Jitender : 230 had sellers trapped in bnf
13:03 Jitender : ywap has to be taken out fr reds to have any traction
13:03 Uttam : somehow BNF gets to that 20400 still 4 points short
13:03 Uttam : 20396 high
13:03 K2dt : Jit +1 on dt.. here m sitting on breakeven nd closed.. not my cup of tea day lol
13:05 Jitender : it slips fast and ten buyers r relentless
13:05 Jitender : n today is expiry
13:05 Jitender : so why take risk
13:05 Shai : +1
13:05 Nagaraj : +1
13:05 K2dt : agreed
13:05 Shai : There is still one good move left into the close
13:05 Jay Kothi : like yesterday
13:05 Chetas : next time when 4G jio and 5G jio license case come for hearing, i will not trade that day
13:06 Chetas : πŸ™‚
13:06 Shai : either sellers get whacked here or they bring thjis down
13:06 Sanjeet : we have to cover big loss of 2 SL..
13:06 Uttam : OTF up since morning so far
13:06 Shai : 10055- 9760 still the range
13:06 Ankit Maheshwari : Those 9900 PE sellers look settled and its trading around 6
13:07 Ketan : +1 jit
13:15 Uttam : will I period stop the OTF?
13:16 MJ : Last 2 days I was the Loco.
13:16 Uttam : boom boom coming?
13:17 Vishnu : 10038 coming
13:17 MJ : I period I mean.
13:18 K2dt : looks like UG
13:18 Uttam : BNF needs to join in
13:22 Avinash : With every high comes a new large seller
13:22 Uttam : 9994
13:22 Uttam : just shy of that 3ib mark & trend day vwap of 9997
13:22 Tejpreet : 3ib
13:22 MJ : 9 to 17.5 10k ce
13:22 MJ : done ahe.
13:23 Shai : All these are linit sells or placed SL orders
13:23 Avinash : Ok
13:27 Uttam : NF tags the VAH of the 5-day composite too
13:27 Uttam : 9993 it was
13:27 Uttam : check the daily report for the chart
13:28 Avinash : NF OI decreased only decreased at the 9970 sell order else its been increasing all day
13:28 Uttam : off for 10032-41?
13:29 Uttam : lets do it
13:29 Uttam : get above that 9997 and more reds will feel the heat
13:29 Ashok null : 10000ce will b a lottery?
13:30 KK : 0s at the top
13:30 Ashok null : waiting for chief call
13:30 K2dt : 3rd time we r seeing 0s on top today
13:30 KK : 9950 lottery ne ho jaye..its 2 way today..
13:31 Uttam : pull back time guys so be careful of longs here
13:31 Uttam : post 2:15-2:30 could get that finalo leg up
13:32 Uttam : but should get back below 9960
13:32 Uttam : else shorts could keep getting their Sls hit
13:32 Uttam : and NF could keep rising
13:32 KK : Scalping is best option..did 10K CE from 9 to 17
13:32 KK : follow Jit.+1
13:33 MJ : +1 kk cheers
13:33 MJ : same one here too.
13:33 Uttam : BNF forming a double inside day so far
13:33 Uttam : could give a big move later today or tom
13:33 Ketan : +1 uttam
13:34 Uttam : boom boom
13:34 Ankit Maheshwari : If motabhai continues this way, 10K CE writers might be in trouble
13:34 MJ : 10k ki dukaan
13:34 Shai : Vol expansion happening finally
13:34 Uttam : 9997 here
13:34 Uttam : 10k too
13:35 MJ : +100 chief.
13:35 Uttam : 90k green
13:35 Uttam : at 10k
13:35 Uttam : round number SLs
13:35 Tejpreet : 10k combo 22 each
13:35 Shai : Buy NF abv 10006 sl of 9970 tgt 10046/ 10074. Buy abv only**
13:36 Uttam : jeb aat
13:36 Ashok null : NF in
13:37 KK : it went above 10006, so NF in ?
13:37 Shai : yes
13:38 Shai : use 9963 sl for now , will update as move unfolds
13:38 Shai : Those not in, buy abv 10006 only
13:39 Ankit Maheshwari : 10K CE closing shops
13:40 MJ : πŸ™‚
13:42 Uttam : NF hgih so far to the dot 10008 – a) NF needs to sustain above 9860-68 for a rise to 9896 / 9922-33 / 9959-72 / 10008-041 & 10080-95*
13:43 Uttam : BNF back in that congestion zone of 20500-20570
13:44 Uttam : what has J period got in store
13:44 Govind : let’s leave that comp in J, UG
13:44 Shai : Move sl up to 9984 now- (13:35) Shai : Buy NF abv 10006 sl of 9970 tgt 10046/ 10074. Buy abv only**
13:44 Uttam : lets go Gov
13:45 Govind : see those greens
13:45 Uttam : onwards & upwards πŸ™‚
13:45 Govind : πŸ™‚
13:45 Uttam : there is so much pain (reds)
13:45 Uttam : so we can keep rsing
13:45 Uttam : BNF boom boom time?
13:45 Shai : shoukld trend up to 10044 in this J period
13:45 Shai : let;’s see
13:45 Uttam : looks at those greens in BNF
13:46 Abhishek : just a query uttam what those greens genrally suggests
13:47 Uttam : 20525 high so far – a) BNF needs to sustain above 20178 for a rise to 20250-292 / 20400-535 / 20640-685 / 20795*-905* & 21024
13:47 Shai : new guys buy abv 10007 only
13:49 Shai : they started playing with the premium again πŸ™
13:52 Uttam : the way they are stacked together looks like mix of SLs plus new BO buyers – (13:46) Abhishek : just a query uttam what those greens genrally suggests
13:52 Uttam : 20622 is 3IB in BNF #justsaying πŸ˜‰
13:53 KK : will this be a spike…
13:53 Ankit Maheshwari : Another big red
13:54 Shai : Exit the NF trade at 10010 cmp
13:54 Ankit Maheshwari : All IB with red COT
13:54 Shai : Not giving comfort
13:54 MJ : whats that seller on 5 min?
13:54 MJ : nf
13:55 MJ : size
13:55 Boppanna : Shai trend day set up no?
13:55 Shai : does not end well generally on settlement day
13:55 KK : 10K Ce from 21 to 28.
13:55 Boppanna : ok thx
13:57 K2dt : 10k pe still trading at 47
13:57 KK : hain..which week
13:57 K2dt : my bad..
13:57 K2dt : its 10050
13:57 KK : I have entered at 14
13:57 KK : with SL 10
13:57 KK : dara diya
13:57 Jitender : 294 was defended πŸ™‚ (13:03) Uttam : somehow BNF gets to that 20400 still 4 points short
13:58 Boppanna : +1 Jit
13:58 K2dt : lol sorry KK
13:59 Jitender : (13:03) Jitender : ywap has to be taken out fr reds to have any traction
13:59 Shai : watch mode- completely on sidelines
13:59 Ankit Maheshwari : Tough day
13:59 Ankit Maheshwari : 2 SL hit in a row and I am out
14:00 KK : 10K PE 14 to 21 , booked
14:03 KK : abki baar
14:03 Uttam : BNF lets see some boom
14:04 Uttam : 20685 at least first
14:04 Uttam : boom boom
14:04 MJ : round two 10k ce 18 – 36
14:04 Uttam : je baat
14:05 KK : 9950 CE from 68 to 86 booked
14:05 MJ : 12:14 comment: 10034 possible πŸ™‚
14:05 MJ : small joys.
14:05 Uttam : 10041 is the level
14:06 Uttam : needs to get there
14:06 MJ : Chalega
14:06 K2dt : lo ji πŸ™‚
14:06 MJ : uske upar bhi πŸ™‚
14:06 Boppanna : +1 Uttam
14:07 Shai : congrats guys
14:07 Tejpreet : 55 plus on that 10k combo
14:08 MJ : Super TP.
14:08 Boppanna : +1 Tej
14:08 MJ : cheers.
14:08 Uttam : 20685 here guys
14:08 Uttam : BNFFf
14:08 MJ : bias rules since open. not a single short trade for me.
14:08 Uttam : flying sikh today
14:09 Uttam : 20682.95
14:09 Uttam : 10042 on screens NF
14:09 Uttam : 20795 next in BNF
14:09 Uttam : yeh hui na baat’
14:09 Ashok null : chief..any lottery calls for expiry
14:09 Uttam : (14:03) Uttam : BNF lets see some boom(14:04) Uttam : 20685 at least first
14:09 Tejpreet : tks guys but just .2 dt ….let’s see if it hits Uttam’s 6ib !!
14:11 Uttam : (12:57) Uttam : 10041 will be nice today
14:12 Govind : Uttam, 20905 I want πŸ™‚
14:12 Uttam : 20795 cometh
14:12 Uttam : 20795-810 imp zone
14:12 Uttam : above 10042 new auction in NF for 10080-94
14:13 Tejpreet : Uttam 4ib done
14:14 MJ : 10k dukaan on fire πŸ™‚
14:14 Uttam : 6 IB ka baat hua tha Tej πŸ™‚
14:14 Tejpreet : lage raho πŸ™‚
14:14 Uttam : BNF 20795 ladies & gentlemen
14:14 Uttam : 20794
14:14 Govind : 836 high, 905 bring it
14:14 K2dt : UG kamaal kar diye πŸ™‚
14:14 Ketan : +1 uttam superb calls
14:15 Uttam : NF going for 10080-94
14:15 Jitender : crossed 3.48xDT Jai Mata di _/\_
14:15 Tejpreet : super Jit
14:15 Uttam : 20500ce from 540 to 690′
14:16 Tejpreet : +100
14:16 Govind : 623 to 709 20500CE UG
14:16 Govind : Congo UG
14:16 Tejpreet : congrats Gov
14:16 Boppanna : claps Uttam u drove BNF all the way with Jit
14:16 Uttam : weeklt POC here in both
14:16 K2dt : jai mata di Jit.. 2DT done ..dared to open terminal post 1 15 pm
14:16 MJ : 10100 magnet
14:16 Govind : 874 here, but reds there at top
14:16 Jitender : congo UG
14:16 MJ : kitthe?
14:16 Avinash : Congrats to all the Greens
14:16 Jitender : Congo Gov
14:16 Jitender : tx guys
14:16 Boppanna : +1 Gov
14:16 Govind : thanks Jit
14:16 MJ : Congrats all the greens!
14:17 Govind : Thanks Tej and Bops
14:17 K2dt : congo guys
14:17 Ankit Maheshwari : FM Press Conference at 4pm
14:17 K2dt : matlab aaj LIC vale lunch,chai koi break pe nai gye :p
14:17 Avinash : FM to breif press @4
14:18 Uttam : 10078 – (14:12) Uttam : above 10042 new auction in NF for 10080-94
14:19 Uttam : 20905 just missed
14:19 Uttam : can come
14:20 Uttam : a) NF needs to sustain above 9860-68 for a rise to 9896 / 9922-33 / 9959-72 / 10008-041 & 10080-95*
14:20 Uttam : above 10095 NF can to 10140
14:21 Govind : Yeah Uttam, still plenty of time left for 905
14:23 Govind : Shai said earlier that either sellers will get taken to cleaners or they will take this down…
14:23 Jitender : tere is a time to wait, time to trade and time to press the pedal …turtle with a rifle (14:15) Jitender : crossed 3.48xDT Jai Mata di _/\_
14:23 Jitender : (13:02) Jitender : trade only wat u undertsand
14:23 VijayT : Master class Jit!!
14:23 Jitender : save theee
14:24 Vishnu : +1000 jit
14:24 Jitender : this is yr grail
14:24 Jitender : holy or not…mtm will tell πŸ™‚
14:24 Ketan : +1 jit
14:24 Tejpreet : finally dt done
14:25 Jitender : tradn is 80% psycology + disclipline
14:25 K2dt : +1000 Jit
14:25 MJ : 10100 ikde! πŸ˜€
14:25 Jitender : train is running n m calm
14:25 Jitender : tis is SC babe
14:25 MJ : 3 ce strikes out.
14:25 Tejpreet : Uttam marching away to his 6 ib on the upside πŸ™‚
14:26 K2dt : u r right boss.. SC _/\_
14:26 K2dt : i say to my friends Short covering is KKC πŸ˜›
14:28 Jitender : Congo Tej
14:28 Tejpreet : tks Jit….. been roller coaster… but like you say mtm matters
14:30 Jitender : +1
14:30 Govind : UG, spot very close to that 20931
14:32 Uttam : sorry guys some issues with internet here today πŸ™
14:32 Uttam : NF almost 5 IB here
14:32 Uttam : last one at 10168 ;-p
14:34 K2dt : loool UG
14:35 Shai : All longs booked?
14:35 Tejpreet : yes sir
14:35 K2dt : yes chief
14:36 Shai : Congrats
14:36 Tejpreet : 101k monthly pe in at 180 odd
14:36 Sreeram : yes booked earlier when you said itself
14:36 Abhishek : i guess more to come
14:36 Ashok null : waiting for your final call for the expiry
14:36 Naresh Dubbudu : Shai. What are we doing this Thu 230pm?
14:36 Abhishek : 10100 21020
14:37 KK : 10100 CE at 5..any chance of lottery there ?
14:37 Shai : day highs exact at 10100
14:37 Shai : new games only abv it
14:37 Shai : 10035 supp
14:37 Abhishek : i thk still more juice left
14:37 Sreedhar : 10100 ce shai?
14:38 Uttam : this was my Spot hypo for the day – 9901 – 9951-73 / 10028 & 10091*-109*
14:38 Uttam : 10109 is a VPOC in it and stalled there as of now
14:38 Tejpreet : part booking pe at 192 rest sl at cost.
14:38 Uttam : this one is for BN Spot – 20220 – 20307-378 / 20450-535 / 20655-730 / 20836-931 & 21030
14:39 KK : 10K CE monthly at 200, which one would you suggest..
14:39 Uttam : 20931 almost tagged above that 21030 could come
14:40 Govind : how about VAH of last week’..wink wink
14:42 Shai : lottery is with 10000 pe at 1.85
14:43 K2dt : 35-52 10100 pe
14:44 Shai : +1
14:48 KK : bring it ON
14:48 Uttam : 21030 coming in BNF?
14:50 Abhishek : anne do uttam
14:51 KK : 10050 combo at 6, worth it ?
14:52 Shai : 10035 supp
14:52 Shai : 10100 looks done in NF
14:53 Shai : if 10035 breaks am expecting a quick slip down to 9992
14:54 Uttam : BNF wants to make new highs?
14:56 Shai : Last expiry PE writers were taken out= 3 strikes
14:56 Shai : This one CE writers came out
14:56 MJ : yes chief
14:57 Vishnu : bad day for till afternoon . dt was in minus 1. but this upmove reduced the loss and now in 0.5 dt only minus.
14:58 K2dt : century on that 10k ce come on
14:58 Uttam : je baat – (14:54) Uttam : BNF wants to make new highs?
14:59 Uttam : 21k ce from 426 to 501
14:59 Uttam : done
14:59 Uttam : 21030 aane do
14:59 Tejpreet : Uttam terrific form !!
14:59 Govind : Congo bud!!
14:59 Uttam : _/\_
15:00 Uttam : thanks guys
15:00 MJ : abhi 10100 ce ki baari?
15:00 Uttam : 10168 please by close MJ
15:00 MJ : lol
15:00 K2dt : 66-101.. 10k ce
15:00 MJ : i was feeling wise to book 9900 ce at 77
15:00 MJ : haha
15:00 Shai : +1Uttam
15:00 Uttam : thanks Shai πŸ™‚ _/\_
15:00 K2dt : congrats UG
15:00 MJ : looks like done to me.
15:00 Ketan : +1 uttam .
15:01 Uttam : i am done for sure
15:01 Uttam : for today
15:01 K2dt : yupp move is done.. 100dma tagged on spot
15:02 K2dt : chalo guys had a good session
15:02 K2dt : congrats again to all in green.. bye
15:08 Swapnil : 10100 PE 16 to 21. Helped recover a bit
15:10 Shai : 9930 emerges as a support into tom with the old one at 9750 staying good
15:10 Shai : don’t see this move up 10111 tom and a retest of 9930 is definietly on from here
15:11 MJ : Thanks chief.
15:11 Naresh Dubbudu : Shai. Would you have conviction to carry shorts overnight based on this view?
15:11 MJ : If longs tsl 9930?
15:11 MJ : swing wise?
15:11 Shai : yes 9900 puts 108
15:12 Naresh Dubbudu : Ok Shai. Thank you.
15:12 MJ : Thanks.
15:12 Shai : 10166 F sl for the view
15:13 Shai : If you made money today- congrats – you deserve all of it
15:13 Uttam : yes was a tough day to trade
15:13 Chetas : Fm press meet at 4pm?
15:14 Shai : If you didn’t make money, it is alright, it was a typical expiry play driven by option writers who lost money today
15:14 Uttam : but the afternoon move helped πŸ™‚
15:14 Uttam : just need to stay in there & surely get the chances
15:15 Naresh Dubbudu : I had one of my best days. I felt it more like a trending day.
15:15 Shai : Profile stays within the 9750- 10100 range
15:15 Uttam : congrats Naresh
15:15 Shai : Allow 60 either side for intra day plays
15:15 Uttam : can BN spot make new highs before close?
15:15 Uttam : 21030
15:16 Gopi : big reds confused
15:16 Chetas : zig saw day, -1dt to +1dt to -1dt
15:16 Shai : Guys don’t use caps, you will never have a voice here
15:16 Jitender : changed frm here (13:03) Jitender : ywap has to be taken out fr reds to have any traction
15:16 Jitender : 294 exact pbl
15:16 Shai : +1
15:17 Uttam : spot marching towards 21030
15:17 Jitender : tx chief
15:17 Uttam : could reach there as got the time
15:17 Uttam : 50 more
15:17 Ketan : +1 jit
15:17 Uttam : new hgihs in spot BN
15:18 Uttam : 20998
15:18 Uttam : 32 more
15:18 Favas : uttam tomorow gap up?
15:18 Uttam : mostly expiry day play gives a false move Favas so lets see
15:19 Uttam : not carrying naything & will take a fresh view at open tom
15:19 Uttam : but expiry week looks intersting
15:19 Favas : ok
15:20 Uttam : BN spot 21022
15:20 Uttam : spiking
15:20 Uttam : 21028
15:20 Fenil : 10093 closing expected
15:21 Shai : RIL up on that 500 CR deal
15:21 Uttam : BNF expecting some news Shai looks like?
15:21 Shai : sorry not a deal
15:21 Shai : they raised money
15:21 Shai : 500 cr again after getting 100000 CR?
15:21 Uttam : 21028 high it is – (15:15) Uttam : can BN spot make new highs before close?(15:15) Uttam : 21030
15:23 Tejpreet : Uttam has been phenomenal today ( he always is) ……but today looks like he is driving the markets +100
15:24 MJ : Always TP.
15:24 Uttam : _/\_ thanks Tej
15:24 MJ : He’s the guy in control πŸ™‚
15:24 Uttam : VT is the control room for us πŸ™‚
15:24 MJ : UG your hypos /\
15:24 Shai : +1- (15:23) Tejpreet : Uttam has been phenomenal today ( he always is) ……but today looks like he is driving the markets +100
15:25 Shashidhar : +1
15:26 Chandrashekhar : +100 Uttam
15:26 Chandrashekhar : had been looking for short side whole day…your views were awesome
15:26 Uttam : thanks guys, I always say I have been learning it all here
15:26 Uttam : this is an awesome place to learn & grow
15:27 Chandrashekhar : tough day today – COT was negative but price kept on marching higherr
15:27 MJ : Shai: honestly wouldn’t have been able to pick dukaan if it wasn’t the learning over here πŸ™‚
15:28 Uttam : spike close in both so spike rule in play for tom
15:28 Uttam : lets see what FRYday has in store
15:28 Chandrashekhar : Thanks all bye now
15:28 MJ : Bye all.
15:29 Uttam : thanks All πŸ™‚ have a lovely evening
15:29 MJ : Have a lovely day ahead.
15:29 Tejpreet : Bye All
15:29 Shai : Bye all
15:29 Giridhar Gowravajhal : Thanks Shai & Uttam. Bye all
15:29 Naresh Dubbudu : Bye all.
15:29 Fenil : bye
15:29 Shai : have a god evening
15:29 Avinash : Bye everyone
15:31 Sachith : Bye everyone
15:31 Himanshu : BYe all


09:06 Shai : (09:02) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/648851149(09:02) Vtrender Live: 5 min charts of NF- https://join.me/802-406-789(09:04) Vtrender Live: 5 min charts of BNF, password vtrender-https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
09:09 Shai : (09:07) Shai : Yesterday’s profile went two way late into the close catching a lot of longs off guard abv 9900(09:07) Shai : A quicik liquidation followed visible through multiple IS on the screen(09:07) Shai : ref line for open hence is at 9930(09:08) Shai : supp from previous profiles is still at 9750 below which we have not seen any real IS all week(09:08) Shai : we wait to see if that changes today(09:08) Shai : 9808 and 9750 are 2 ref areas to watch lower today
09:13 Uttam : a) NF needs to sustain above 9860-68 for a rise to 9896 / 9922-33 / 9959-72 / 10008-041 & 10080-95*
09:13 Uttam : b) The auction staying below 9840 can test lower levels of 9810 / 9780 / 9735-12 / 9685-62*& 9621
09:14 Uttam : a) BNF needs to sustain above 20178 for a rise to 20250-292 / 20400-535 / 20640-685 / 20795*-905* & 21024
09:14 Uttam : b) Below 20103, the auction could test 20004 / 19910-850 / 19725-655 / 19555-450 & 19344-267