Order Flow charts dated 19th Dec

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 OrderFlow trading.

NF

30 Min Fp Nf 13 Order Flow Charts Dated 19Th Dec Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

BNF

30 Min Bnf Bid 13 Order Flow Charts Dated 19Th Dec Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:49 Vtrender Live : (08:48) Vtrender Live: option charts – https://join.me/792-080-088
(08:49) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/241079429


08:58 Shai : (08:55) Shai : https://vtrender.in/market-profile-analysis-dated-18th-dec/
(08:56) Shai : extension handle at 10894 is the support for the auction
(08:56) Shai : vpoc at 10898 can pin the auction and slow the pace at open
(08:56) Shai : 10998*
(08:57) Shai : a close above this VPOC today is bullish and put the auction up for 11136
(08:57) Shai : failure below the extension handle of 10894 invites 10816 and 10760

08:58 Shai : (08:48) Vtrender Live: option charts – https://join.me/792-080-088
(08:49) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/241079429

11:27 Shai : (11:22) RK : Long NF 10955 SL 10925 for 10985

14:46 RK : (14:40) RK : Short NF 10995 for 10975/10965 SL 11020

14:46 Shai : (14:40) RK : Short NF 10995 for 10975/10965 SL 11020

15:05 RK : (15:05) RK : move SL to 11005 (14:40) RK : Short NF 10995 for 10975/10965 SL 11020

15:22 RK : (15:22) RK : book fully 10983 (15:05) RK : move SL to 11005 (14:40) RK : Short NF 10995 for 10975/10965 SL 11020

08:48 Vtrender Live : option charts – https://join.me/792-080-088
08:49 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/241079429
08:55 Shai : GM all
08:55 Shai : https://vtrender.in/market-profile-analysis-dated-18th-dec/
08:56 Shai : extension handle at 10894 is the support for the auction
08:56 Shai : vpoc at 10898 can pin the auction and slow the pace at open
08:56 Shai : 10998*
08:57 Shai : a close above this VPOC today is bullish and put the auction up for 11136
08:57 Shai : failure below the extension handle of 10894 invites 10816 and 10760
09:01 Shai : Announcement***
09:02 Shai : I am extremely happy to announce RK as the newest moderator of the Vtrender Trading Room.
09:02 Shai : RK needs no introduction and his versatility with Market Profile is well known
09:03 Shai : RK would be sharing his favorite intra day trading setups with us live in the room from today onwards complete with his entries , stops he maintains and the objectives he hopes to achieve.
09:03 Uttam : Good Morning All 🙂
09:03 Shai : I wish him well and look forward to an exciting time with the trades.
09:03 Uttam : super 🙂 wonderful news RK
09:03 Uttam : congrats
09:04 Uttam : VT keeps on getting better 🙂
09:05 Jitender : Congrats Rk….grt news
09:05 Jitender : Gm Folks 🙂
09:05 Azmath : Congrats RK
09:07 Dhaval : GM guys Congrats RK
09:09 Aman : congrats RK..
09:11 Santhanam : Congrats RK
09:13 Vinay : gm..shai..uttam..Jit..azmath…aman…dhaval..santhanam
09:13 Vinay : congrats RK
09:13 Jitender : Gm Vinay
09:14 TP : GM All.
09:14 TP : congrats RK, Shai and VT members we get another weapon in our arsenal !!
09:15 Shai : +1
09:15 RK : GM Shai and all
09:15 Uttam : BNF hits that 2ATR of 27346 from Fa of 26770
09:16 Uttam : we also have a weekly FA in it at 26926 & the 1ATR comes to 27945
09:16 RK : Thanks Shai for this opportunity and I would try my best to stir the ship in right direction..thank you all folks
09:16 Boppanna : +1 RK
09:16 Uttam : super RK 🙂
09:17 Santosh : GM all
09:17 Santosh : Congrats RK
09:17 Jitender : Dt done(14:57) Jitender : 2mrw gap up……hehe https://vtrender.slack.com/archives/C0F2VRTPW/p1545191253043000
09:19 Boppanna : Nice Jit
09:19 TP : +1 Jit.
09:19 Uttam : rocking Jit 🙂 congrats
09:19 Shai : Congrats Jit
09:19 Santosh : great Jit
09:19 R Goel : congrats RK
09:19 Jitender : tx gentlemen
09:20 Pradeep : congratulation RK. Will look forward to learning from you, just as I do from several seniors here in the room
09:21 MJ : Thanks shai and Congratulations RK. Looking forward to all your gems and insights as usual.
09:22 MJ : Jit congrats 🙂
09:23 Jitender : cheers
09:24 Porus : Could not have a better than RK ! Both technical and intuitive.
09:24 Porus : *better addition
09:25 Subhodeep : read a lot from the comments section in slack rk hope you guide us well and we follow you well
09:25 Uttam : you can be sure of him guiding well 🙂 have been following him since I came here
09:26 MJ : Shoutout to Shai as well for identifying people helping us have different perspective towards MP and AMT.
09:27 Vinay : RK..i truly admire the way you handle data and interpret probability ..as a data science practioner working in risk mgmt for a living ..i admire your ability to keep away congintive biases or be aware of them in decision making..
09:27 MJ : Thank you!
09:27 Vinay : Now you tempting to play the thursday lottery 🙂
09:28 Vinay : (09:16) Uttam : we also have a weekly FA in it at 26926 & the 1ATR comes to 27945 >> (09:27) Vinay : Now you tempting to play the thursday lottery 🙂
09:28 Jayesh : Congratulations RK
09:29 TP : Uttam how are the vol 1st 15 min ?
09:29 Amit : Congrats RK.
09:30 Kathir : GM shai alll
09:30 Jitender : bnf o=l
09:31 Uttam : vols low Tej
09:31 Jitender : nf also
09:31 Uttam : OAOR in both
09:32 Uttam : BNF did not have any vols below 27340 at the open
09:33 Boppanna : +1 09:30 Jitender : bnf o=l
09:35 TP : tks uttam.
09:35 Uttam : 🙂 Tej just 8.4L in NF & 2.7L in BNF in the opening 15mins
09:45 TP : Guess vol will be like this only for next few days.
09:45 Uttam : yes Tej Xmas mode
09:46 Uttam : Jit had already warned about this on Monday
09:47 TP : need to keep an eye on vix if goes below 12 can pick up some jan ATM straddle , JAN is generally a trending month.
09:48 Jitender : u can do tat on 3rd Jan
09:48 Jitender : y waste prem before tat
09:49 Jitender : US is not lookn good…fed shld b up2 rescue 2mrw…but if not..ten
09:50 Jitender : we cant remain on a diff tangent fr long
09:50 MJ : Make hay when sun shines. But be safe and alert jit?
09:51 TP : yes ideally post 27 dec , key is vix which will keep on going down as the range reduces due to poor volumes.
09:51 Jitender : always the rule MJ
09:51 Uttam : 20 point range in NF so far
09:52 Uttam : BNF got a green band at that dip to 27320
10:03 MJ : 39675 reds in nf
10:04 Sumit : in BNF also
10:06 MJ : Jit thanks for 0=l message 🙂
10:06 MJ : bought that 320 dip.
10:09 Jitender : i also
10:10 Boppanna : My plan for BNF 3IB setup post IB buy 27200pe/27100pe around 40-45 stop around 35
10:11 MJ : +1 bopp
10:14 Jitender : BoP …dont go naked today….hedge
10:17 Praneeth : Gm all
10:17 Praneeth : Shai, whats ur vew on usdinr
10:17 Jitender : if o=l doesnt brk fr bnf…u have to just time yr btfd
10:17 Jitender : unless OF indicates otherwise
10:18 RK : yes both are in uncharted territory with gap..so better to stay with gap rather anticipating contra moves
10:19 Boppanna : Thanks Jit..plan with O=L was to hold the long until IB end and now going contra to play the 3IB setup..with Fed tomorrow expecting some profit booking in longs BNF today so tight stops and profit booking
10:20 MJ : There is a fancy low in NF.
10:20 MJ : Below vwap waits 40 in bnf.
10:30 Shai : usdinr – support is coming at 70.00
10:30 Shai : can move to 70.60
10:30 Shai : aggressive counter trend
10:34 MJ : hdfc bank moved.
10:42 Jitender : time fr a cuppa
10:42 Uttam : cheers Jit 😉
10:43 Jitender : cheers bro 🙂
10:51 Shai : 10820 balance pivot puts this auction of today at the upper exteme
10:51 Shai : bullish only if we cross over the VPOC at 10998
10:52 MJ : +1 shai.
10:52 Vinay : + Shai….so a good indication will be auction at vwupb then
10:52 MJ : Shai small request. in 30 min. Can we have lows printed at the bottom of the bar? Like early days?
10:53 Vinay : COTS seem uncommital so far…and C did not extend IB
10:53 Himanshu : yes highs too shai..
10:53 Shai : okay will do
10:54 MJ : To print high. there is no space. But if low high both can come at bottom? Would be great.
10:54 MJ : Thank you Shai.
10:54 Himanshu : thanks shai
10:59 Shai : highs and lows below the bars
10:59 Shai : there is no place above , so we have to read it below
10:59 MJ : Gracias
10:59 MJ : Yes shai ui/ux brain already figured that hence suggested second option.
11:01 Shai : oh you did…I just read you 🙂
11:01 Shai : MJ …always ahead…speed
11:01 MJ : /\
11:02 MJ : learner and enthu cutlet 🙂
11:02 Shai : reminds me of that scence in the iconic Cars movie….I need speed 🙂
11:02 MJ : Haha!
11:03 Jitender : Mj wud b the youngest 2 migrate 2 upper window 🙂
11:03 MJ : I am short. Leg pulling helps my case jit 😉
11:05 MJ : Also, you are too kind J.
11:05 Sandeep : shai, can you migrate that change to the 30 min goto lcharts as well? (goto fans) 🙂
11:06 Boppanna : Shai your views on BNF auction with respect to tomorrow’s expiry ..
11:06 Uttam : +1 Jit
11:08 Shai : done Sandeep
11:08 Shai : Bopp both are OAOR
11:08 Shai : we watch at 1230- 1 for a break away move to accept
11:08 Boppanna : thx Shai
11:08 Uttam : handy to have those high/low Shai +1
11:08 Sandeep : Thanks shai 🙂
11:08 MJ : Sandeep Goto fan here too.
11:09 MJ : esp on mobile.
11:09 MJ : When on the move.
11:09 Sumit : bnf 30 mint charts not working
11:10 Sandeep : yes MJ, i cant open chat room in office…so goto is only option for me 🙂 today on leave
11:10 Uttam : poor highs in NF after gap up so exhaustion there?
11:11 Uttam : 10948 test will be nice in NF
11:11 Subhodeep : @seniors /vintage traders, would it be a good riskrwward if at 10965 10970 levels on the nifty a short was initatiated with sl at day high10985 range ?
11:11 Uttam : 27290-275 test in BNF
11:13 Gaurav : SL hunting BNF
11:14 Boppanna : out 45-70 in 27100 pe
11:14 RK : +1
11:15 Uttam : nice Bops +1
11:15 Uttam : (11:11) Uttam : 10948 test will be nice in NF…NF low 10950
11:15 Jitender : congo BoP
11:16 MJ : Same Bopp. Out in futures 🙂 (10:20) MJ : Below vwap waits 40 in bnf.
11:16 Sumit : 32 k green in BNF
11:16 Uttam : (11:11) Uttam : 27290-275 test in BNF…Done
11:17 MJ : 32k green bnf
11:18 MJ : BTFD done Jit?
11:19 Jitender : 280
11:19 Boppanna : Right around PDH could be tested if vwap holds later today
11:20 MJ : Just waiting above pdh.
11:20 MJ : Hunter boy.
11:20 Subhodeep : @mj in the goto chart on the nf area there are two vwap emerging could you please tell me whattimframe or property vwap is of the lower one?
11:21 Subhodeep : quoting somewhere around 10941
11:21 MJ : @shubhodeep yest I mentioned in the chat. They are vwap bands. 3SD of the current vwap.
11:21 Uttam : (11:11) Uttam : 10948 test will be nice in NF….10946.45 🙂
11:21 MJ : 3ib setup never disappoints right bopp?
11:22 RK : Long NF 10955 SL 10925 for 10985
11:22 RK : dont chase wait for limit fill
11:22 Uttam : +1 RK
11:23 Jitender : half book 330 (11:18) MJ : BTFD done Jit?(11:19) Jitender : 280
11:23 Jitender : KIS
11:23 Boppanna : +1 MJ amazing consistency
11:23 MJ : Same pinch.
11:23 MJ : Bopp i did 3 scalps 🙂 with dhi ref. And let loose other half 🙂
11:25 MJ : Kathir.
11:25 MJ : Btfd hogaya 🙂
11:25 Uttam : lets have a FA in both at lows will be a nice set up for year end 🙂
11:25 MJ : I like how you think uttam.
11:26 Subhodeep : 1:21 MJ : @shubhodeep yest I mentioned in the chat. They are vwap bands. 3SD of the current vwap.; my bad mj signs of ageing at my end…. 🙂
11:27 MJ : Holler up! We gotta stay alert even when we age.
11:27 MJ : 🙂
11:28 Subhodeep : aye aye
11:30 Boppanna : Just my observation when playing 3IB in BNF don’t do scalps it effects ur mindset and creates doubts.Just have ur stop defined before entering and give it enough time there is OF to show u the exit.
11:31 MJ : +1 bopp.
11:32 MJ : I am like a butterfly unfortunately. Need extra taming to punch lesser orders. But you are bang on.
11:32 MJ : 3ib works well. just respect sl and setup.
11:40 MJ : Message of the day (10:17) Jitender : if o=l doesnt brk fr bnf…u have to just time yr btfd
11:40 Sudheer : anything above 27320 spot in BNF is a good short for me
11:40 Sudheer : lot of excitement in BNF call buyers today
11:41 RK : If anybody got in NF 10972 is part book zone rest trail at 955
11:41 TP : +1
11:41 Shai : +1
11:41 Sudheer : Any levels for weakness inBNF ?
11:41 Jitender : Rk..can we maintain an excel of the trades
11:42 MJ : *plays illayaraja music in bg* Congratulations RK.
11:42 MJ : jit Sharing drive. link.
11:42 MJ : give sometime.
11:42 Shai : It is maintained by RM @Jit
11:42 RK : two way to look at NF auction a) P profile of short covering b)one timeframing since IBH..I considered as P and wanted to test day high..invalidation kept way below spike high
11:42 MJ : oh @Shai can we take it on drive?
11:42 MJ : Share within the room?
11:42 Jitender : out at 55 (11:23) Jitender : half book 330 (11:18) MJ : BTFD done Jit?(11:19) Jitender : 280
11:42 Jitender : 355
11:43 Uttam : nice RK 🙂 +1
11:43 Shai : Nice 1 RK. Lovely entry
11:43 RK : there was a very good trade for me at 10978 at P high but didnt want to scare with my first call with such short on a gap up day 🙂
11:43 Uttam : lol RK 🙂
11:43 RK : Jit yes will try to keep a ledger
11:44 Jitender : +1
11:44 Shai : Be your self RK- just ignore that we are here 🙂
11:44 Sudheer : nice work @RK
11:44 Porus : No C period extn means quiet first half?
11:44 TP : And remeber RK we got bots all over to follow your levels 🙂
11:44 RK : sure Shai..I consider it as taking lecture infront of a crowd 🙂
11:44 Jitender : Shai…will u b also gvng calls now ?
11:45 Azmath : RK _/\_
11:45 Shai : No. RK will. so there is no mixing
11:45 Jitender : wud reco …u do yr own calls also..as perspective differs
11:46 RK : now the real 3IB would play if we test day high and fail to extend IBH..so OF might help us there to decide
11:46 Jitender : yr data + screens+exp is diff
11:46 Shai : No porus OAOR it was so quietr
11:46 TP : Shai can give us swing/positional ones .
11:46 Shai : lower extension failed so we may cross over AB high
11:46 Jitender : yh
11:46 MJ : Jit: Today Dhi = 6 and dlo = 20+9 🙂
11:46 Jitender : Shai…dont clock out yr view/calls
11:46 Subhodeep : mj you got to elaborate on the 3ib thing all at sea out here do it at your convenience please
11:47 RK : btw MO at 60
11:47 Jitender : +1 (11:46) MJ : Jit: Today Dhi = 6 and dlo = 20+9 🙂
11:50 MJ : Yes shai Please consider (11:45) Jitender : wud reco …u do yr own calls also..as perspective differs
11:52 Sumit : bnf unable to brake vwap
11:52 Sumit : ?
11:56 Shai : I’m here guys. with views and all .
11:56 Shai : BNF not much supply at vwap
11:56 Shai : should go through higher
11:56 Shai : NF to tag that npoc at 998 and make it neutral
11:56 MJ : Green at dvah
11:56 MJ : all the attepmt for 988.
11:57 MJ : bnf wants 500?
11:57 MJ : 470 will be good too.
11:58 Sudheer : @shai can you plot 27000CE on BNF once ?
11:59 Shai : sure
11:59 Shai : give me a few mins – have to map it
12:00 MJ : @shubhodeep from my notes
12:00 MJ : Generally post 3ib day the next day trend continues and ib or ibh holds. like nf was 3ib day before yesterday so Uptrend continues and we play for ibh + filter (check OF imbalance) to hold and go counter short.
12:01 MJ : Check slack for the image.
12:02 RK : book fully at 10977 (11:22) RK : Long NF 10955 SL 10925 for 10985
12:02 MJ : https://vtrender.slack.com/files/UARUNSFC3/FEYUT1BQE/image.png
12:02 Sudheer : sure @shai
12:03 Jitender : congrats Rk…+ve debut=+ve mtm
12:03 RK : 🙂
12:03 Uttam : poor highs to be repiared in NF
12:03 Boppanna : +1 RK
12:03 RK : not sure how many entered that trade
12:03 Uttam : lovely start RK +1
12:04 MJ : Rk 949 🙂
12:04 RK : ok
12:04 Uttam : I had gone long in 10950ce when NF hit that 10948 🙂
12:04 MJ : Added when you gave a call.
12:04 MJ : pyramiding.
12:04 RK : good
12:04 Shai : +1 RK. Congrats
12:04 RK : thanks Shai
12:04 MJ : Congratulations RK.
12:04 Amit : great start Rk congrats
12:04 Sudheer : +1 RK
12:05 MJ : Jit: in my balance trade of bnf. I am looking at COT to go -5k -6k. It hasn’t gone there yet.
12:06 MJ : Riding the commitment of traders.
12:06 Jitender : k
12:06 Jitender : r tey yr friends ?
12:06 RK : yes this is the idea for 985 obj but end of F period here so safe to clear the trade around dVAH (12:03) Uttam : poor highs to be repiared in NF
12:06 MJ : So have a ref sl. But If commitment goes green and attempt to dhi is done. I’d like to be in that move.
12:07 RK : D and E gone too short and expected pullback and its done via F..so if G decides to adjust around dPOC then doubt creeps in
12:07 MJ : Not my friends for sure.
12:07 Jitender : ten book…355/60 holdn fr a ST move
12:07 Uttam : +1 RK
12:07 MJ : 2860 COT bar booked more 🙂
12:07 MJ : 361
12:07 MJ : just small with ref sl now holding.
12:08 Jitender : b smart..not dependant…is my mntra
12:08 MJ : +101
12:08 Uttam : ideally F should have repaired that poor highs RK?
12:08 RK : thats the trick Uttam..we cannot confirm which TPO would do that
12:09 RK : Poor high means it could have another poor high in any of tpo just 3-5 points below IBH
12:09 RK : and might repair later
12:09 Uttam : oh ok RK but we do have a probable FA at lows today so lets see what we have in store for the afternoon
12:09 RK : so context is when in P look for failure either 3-5 higher or lower from established extreme
12:10 Shai : 26300 ce pe on screen
12:10 Uttam : nice RK, BNF also gave a nice entry at your mid point ref & almost 100 up from there
12:11 RK : best way to trade is scale in 2 parts and keep some 20 pointer SL above extreme on first test of poor high and >75% win rate for 1:1 or 1:1.5 return
12:12 Uttam : NF back to vwap without tagging IBH
12:13 Uttam : so first entry would be C making poor highs & nect would be in this F making almost the same high as C RK?
12:15 RK : yes
12:15 Uttam : +1 RK thanks & that first entry would be booked at IBL or break of it right?
12:15 RK : dVAL
12:15 RK : around 960 I think then..so swipe below that
12:16 RK : you cannot expect IBL
12:16 Uttam : perfect so you have a 1:1 R;R there
12:16 RK : if this wants to make P
12:16 Uttam : yes ‘p’ so singles you need to book out
12:16 Uttam : +1 🙂
12:16 RK : if you want to trail means then may be till open or test of tail down
12:16 RK : smtimes they are below dVAL
12:18 Uttam : looks like NF wants to make a bell now than a ‘p’?
12:18 MJ : Jit psu bank meeting today?
12:19 MJ : with governor?
12:19 Shai : spikje highs versus 3IB highs and a FA with spike highs
12:19 Shai : PLR is upwards for that VPOC
12:20 Jitender : spoke 2 him in the morn..he didnt say so
12:23 Jitender : COT -ve now M fr yr bookn…..(12:07) Jitender : ten book…355/60 holdn fr a ST move(12:08) Jitender : b smart..not dependant…is my mntra
12:23 Jitender : marry COT with price….its an aid..nt an isolated indicator
12:23 MJ : Yes J.
12:30 Sudheer : above dpoc bnf good for day high ?
12:30 Sudheer : or struggling to clear VWAP?
12:38 MJ : @Shai 30 min bnf a little blurry.
12:40 MJ : Question to the room. Which broker has the best platform to check OI volumes. Market watch and decent charts?
12:41 Praneeth : kite
12:41 Praneeth : *may not be best, but it gives these infos
12:42 Sudheer : 1:1 =30 trade on BNF
12:42 Sudheer : done from 350 to 380
12:42 MJ : +1 Sudheer.
12:43 MJ : Praneeth apart from upstox and kite.
12:44 TP : MJ none of these discount brokers will give all info . Best is myfno and Quantsapp.
12:45 MJ : Thanks TP.
12:45 Shai : FA confirms
12:45 TP : 10985 to the dot …(11:44) TP : And remeber RK we got bots all over to follow your levels 🙂
12:45 MJ : Woohooooooo! Shai.
12:46 Sudheer : myfno is good for OI and futures data like basis coc premium discount
12:47 MJ : TP slacking you.
12:51 MJ : 11k dedo. want to book 380 swing positionals.
12:52 Shai : this is some big buying in BNF
12:52 Shai : 27280 onwards
12:52 Praneeth : myfno look good.. thanks TP, sudheer
12:53 Subhodeep : mj thanks fo tr the update on 3ib
12:55 Sudheer : both 12.45 and 12.50 POC’s at IBH in nifty with negative COT’s
12:56 Sudheer : below dvah we can test vwap again?
12:56 Sudheer : dvah at 977
12:57 MJ : Welcome S.
12:59 Sudheer : bnf close to IBH
12:59 Praneeth : anyone used zerodha sensibull?
13:00 MJ : Done. (12:06) MJ : So have a ref sl. But If commitment goes green and attempt to dhi is done. I’d like to be in that move.
13:00 Uttam : BNF also wanting to confirm FA at lows
13:00 MJ : All out bnf
13:00 Uttam : Done
13:01 Sudheer : Wat size COT is considerable in BNF ?
13:01 Sudheer : i mean big enough to cause a reversal ?
13:01 MJ : Contextual @Sudheer (12:23) Jitender : marry COT with price….its an aid..nt an isolated indicator
13:02 MJ : But shai mentioned 5-7k is good size in bnf
13:02 MJ : Also followup bars imp. It is not an indicator.
13:02 Sudheer : ok thanks .. i agree it should be coupled with price
13:02 Jitender : https://vtrender.slack.com/archives/C0F2X2TFW/p1545204757022200
13:02 TP : icici pushing up bn
13:03 Uttam : 11065 1atr in NF & 27568 in BNF
13:05 Jitender : mkts stretched….hedged positions is the wise move
13:05 RK : holding upper quad..
13:06 Sudheer : below dvah in BNF can do VAL in BNF?
13:08 MJ : Jit get me vwap 🙂
13:08 MJ : bnf
13:09 Uttam : 10900 PCR getting near 1
13:09 MJ : 376 out. Scalp.
13:09 Jitender : bnf 1700 points from dec 11 lows
13:09 MJ : half holding
13:09 RK : Long BNF 27385 SL 27330 obj 27450/27480
13:10 Uttam : lets make that 2k Jit 😉
13:10 Sudheer : BNF POC below DVAH at 13:10 will ensure new highs
13:10 Uttam : super RK
13:10 Boppanna : +1 RK
13:12 Jitender : Uttam 🙂
13:15 Sudheer : new highs Another 30 in BNF
13:15 Shai : 10992 – (11:56) Shai : should go through higher(11:56) Shai : NF to tag that npoc at 998 and make it neutral
13:16 Jitender : +1
13:19 TP : +1
13:19 Uttam : 1.5 IB done in NF
13:19 Jitender : jet li on tv
13:19 Rajiv : There you go
13:21 TP : BC ….(13:19) Jitender : jet li on tv
13:21 RK : move SL to 27385 (13:09) RK : Long BNF 27385 SL 27330 obj 27450/27480
13:22 RK : It has to hold IBH for extn
13:22 Sudheer : pink band in 27.3k CE
13:22 Uttam : +1 RK
13:24 MJ : jetli works better than AG.
13:24 MJ : sala.
13:24 Jitender : came out at 420 (13:19) Jitender : jet li on tv
13:24 RK : stopped at cost (13:21) RK : move SL to 27385 (13:09) RK : Long BNF 27385 SL 27330 obj 27450/27480
13:25 Sudheer : into shorts at 397
13:25 RK : lets watch Jetli now
13:25 TP : 🙂
13:25 Shai : what’s he saying?
13:25 Sudheer : stop of 422
13:25 Jitender : in niti aayog meetn…general gyaan
13:25 TP : jet li even makes global F go down !!
13:26 Jitender : gone nw
13:26 MJ : He also wanted to enter RK levels.
13:27 Shai : one more budget in Feb will be the big one
13:27 Shai : 3-1 strike rate of Jet li
13:27 Shai : but all have been big big movers
13:28 RK : certainly going to be populist budget
13:28 Sudheer : just efore election
13:28 Sudheer : banta hai
13:28 Shai : popluist for traders better
13:29 Shai : remove STT 🙂
13:29 RK : populist means first thing is IT slabs
13:29 Sudheer : haha tht would be great move
13:29 Porus : Populist = Small tinkering, big promises
13:29 Shai : yes
13:30 MJ : Well said Porus 🙂
13:30 Jitender : +1 Porus
13:30 MJ : tweak the terms. make em all happy.
13:30 Shai : tax once it comes in India is never removed
13:30 Porus : STT is too big. No govt will now remove.
13:30 MJ : Just like energy neither can be created nor destroyed
13:30 Shai : see the crude thing – the bugger said they were losing money on the 2 rupee waive off
13:30 MJ : Just transfered to some other type of tax.
13:31 Shai : MJ 🙂
13:31 MJ : go for 470
13:31 MJ : comeon
13:31 Sudheer : from +60 to +35 now stop hit at 422
13:31 Porus : Price has a memory, traders dont. 🙂 What happened after CGT was reintroduced?
13:32 Shai : CGT?
13:32 Porus : Cap Gains TAx
13:32 MJ : LTCG I mean.
13:32 MJ : He* means
13:32 Shai : oh yeah
13:33 MJ : 997.8 (11:56) Shai : NF to tag that npoc at 998 and make it neutral
13:33 Shai : interesting to see how much they collected 🙂
13:33 Jitender : no excel sheet tere…yet 🙂
13:34 Shai : 🙂
13:34 MJ : anyone here in positional NF longs?
13:34 MJ : need suggestion for booking zone.
13:35 Jitender : tats easy M…book
13:35 Boppanna : 🙂
13:35 MJ : 😛
13:36 MJ : 11022 any good folks.?
13:36 MJ : For once I’ve managed a decent positional trade.
13:36 Shai : sl is deep at vwap
13:36 Shai : trade is for neut ext
13:37 MJ : want to make sure I make the most of it.
13:37 TP : Shai views on 11K combo currently 160 .
13:37 Shai : wel priced TP
13:37 MJ : Thanks shai.
13:37 Uttam : +1 Shai
13:37 Shai : would go to 11140- 10820 expiry
13:37 Shai : can narow down tom
13:38 Shai : 10900 extension handle is with bulls
13:38 MJ : Shai woh start of month references hits both sides almost.
13:38 Shai : so that is support into settlemnt
13:38 TP : tks chief for the views.
13:39 Sudheer : waiting for afternoon trap .. any guesses on which side the trap would be ?
13:40 MJ : 11k
13:40 MJ : woohoooo!
13:40 MJ : 949 to 999.9
13:40 MJ : done.
13:40 Sudheer : super MJ
13:40 MJ : That trade is a toast to RK 🙂
13:40 MJ : Cheers.
13:41 RK : +1
13:41 RK : BNf still in Jetli fear 🙂
13:41 RK : no new high
13:41 MJ : Yeah.
13:42 MJ : RK hdfc yet to come to the rescue.
13:42 Sumit : any sell below?
13:42 Sudheer : now ne high in bnf by 1.55
13:42 Sumit : in bnf
13:42 Sudheer : new*
13:42 Boppanna : MJ if you follow Fib% for positional ..To squeeze the max Around 11100 spot is 61.8% retracment of the drop from ATH to October low
13:43 Porus : 11007 and 11022 on profile chart are Anomalies?
13:43 MJ : Thanks Bopp.
13:43 MJ : spike it boy.
13:43 TP : around 100 ib in bn time to show some fireworks …(13:41) RK : no new high
13:48 Sumit : some reds coming in nf
13:48 Sudheer : surprised to see no sentimental sellers at 11k in NF
13:50 MJ : bnf should now fire.
13:57 MJ : Nah. Bots chilling too.
13:58 Sudheer : tht 2140 2140 at 13:50 some one was talking about this kinda patterns yesterday
13:58 Sudheer : are these bots?
13:58 MJ : Sudheer I checked that again. In OF they were only one order.
13:59 MJ : Maybe it appeared twice. but it was one order only.
13:59 Sudheer : oh ok
13:59 RK : remaining DEc would be like this only..exhaustive uncertain improper structure moves
13:59 RK : and one fine morning in Jan or Feb they will do escalator ride to clear all such moves
14:00 MJ : +1 Rk.
14:02 MJ : BTFD?
14:03 MJ : Done at the DPOC
14:03 MJ : Dip Dip Barsa Mtm. Mtm mein aag lagi.
14:08 MJ : Vwap coming +- to ibh. NE close probablity goes higher.
14:09 MJ : I use filter of 7 points. Works like a charm. This setup.
14:09 Sudheer : can short at 380 for 270?
14:09 Kathir : @ RK MO now ?
14:10 RK : 60
14:10 Kathir : TY
14:10 Sudheer : shorted at 385
14:11 Sudheer : now
14:11 MJ : Half out at 393 (14:02) MJ : BTFD?(14:03) MJ : Done at the DPOC
14:11 Sudheer : Stop 440
14:13 Jitender : (13:05) Jitender : mkts stretched….hedged positions is the wise move
14:16 MJ : Jit one hedge eg: when you do will be nice.
14:17 Jitender : already did it fr u once..M
14:17 Jitender : sumtime bck
14:17 Jitender : n ten u also published tat u take positions in 2:1 ..n let go one side
14:17 MJ : Yes.
14:17 Jitender : if i remember correctly
14:18 MJ : I meant ref wise on todays day.
14:18 MJ : Like where you’d hedge. Or you’d be light after feeling that market is over streched?
14:18 Porus : How will mkts move if FED raises rates? And if they dont?
14:18 Jitender : it was around 390-400 in bnf..if i was long fut..i wud have bought itm pe
14:18 MJ : Okay thank you J,
14:18 MJ : Quite helpful.
14:19 Jitender : Porus..dovish fed or no rate hike=mkt up
14:19 Jitender : +1 M
14:19 Jitender : dovish hike
14:20 Shai : but hike is expected
14:20 Jitender : ys
14:20 RK : hike is confirmed almost
14:20 Shai : there is nothing new if it comes
14:20 Jitender : question is wat tey do after 2day’s hike …1 in 2019 or 3
14:20 Shai : 1
14:21 Shai : he said near normal
14:21 Shai : can’t do 3 after saying that
14:22 Sudheer : half out at 355 in bnf
14:22 Jitender : +1
14:22 Shai : +1
14:22 Shai : BNF did not cross Jet Li high
14:22 Shai : 🙂
14:22 MJ : Nice trade Sudheer 🙂
14:23 RK : reason why I moved to cost and saved a** 🙂
14:23 MJ : Lol rk.
14:23 MJ : Bears ka messiah JetLi baba.
14:23 RK : but not really..wanted to have better IB extn which didnt happen..so without proper extn back to IBH means trade is under risk
14:23 Sudheer : rest also out at 370
14:24 MJ : Better IB extension means Ib range + 20%?
14:24 Sudheer : call writers not making their impact inspite of support from price
14:24 Sudheer : some guys are still covering at 27200 strike
14:25 Praneeth : btw usdinr is doing RE
14:25 Sudheer : new shorts only below DPOC now
14:29 RK : profiles calling for NC close
14:29 Shai : yes decided for NC
14:29 RK : could whip either side next 1 hr
14:29 Sumit : NC?
14:29 Shai : unless some bloke has some inside info on the FED and gives it a rip
14:29 Sudheer : neutral centre
14:29 Sudheer : ?
14:29 RK : neutral centre
14:30 RK : dPOC/vwap close
14:32 Jitender : AG says have taken off longs here
14:32 Sudheer : this 5 min close should be above 375 else we can swipe DVAL once more
14:33 Jitender : Shai…u r expectn a bounce on spx ..irrespectv of fed tonite ?
14:34 Shai : That was a dependable lows at 2530
14:35 Shai : I also checked with a few OF guys for the flow and they said it was decent buying there
14:35 Shai : sp yes
14:36 Jitender : tx
14:40 RK : Short NF 10995 for 10975/10965 SL 11020
14:42 Sumit : bnf?
14:43 MJ : 45 min for some damages.
14:43 MJ : Lets see.
14:43 MJ : NE anyone?
14:44 Sudheer : NC for now
14:45 Jitender : posted the plan yday in slack..played to the T
14:45 Jitender : So sell tere n btfd post 1.30
14:45 Jitender : awesum day
14:45 MJ : Yes J.
14:45 MJ : Same trades planned for the day. Lovely day so far.
14:45 Boppanna : +1 Jit..
14:45 Sudheer : +1
14:46 MJ : Congratulations J.
14:46 MJ : dpoc vwap alignment in bnf.
14:46 Uttam : 10974 calling in Nf
14:46 Uttam : +1 RK
14:46 Uttam : BNF going to retain the poor highs?
14:47 MJ : Uttam I want 470. If you do something.
14:47 Sudheer : it can make new highs bnf
14:47 Sudheer : invalid below 365
14:47 Sudheer : bought at 382
14:47 Sudheer : stop 365
14:48 Uttam : RK that dip to vwap today in NF a false signal today as profile asking for completion?
14:48 Jitender : both ID+Pos a/c happy https://vtrender.slack.com/archives/C0F2X2TFW/p1545211075023000
14:48 Uttam : congrats Jit 🙂 and keep rocking
14:49 TP : +100 jit
14:49 Uttam : prominent hvn at 10972 today in NF
14:49 Jitender : tx guys
14:50 Kathir : congrats ji.
14:51 Sudheer : quick covering by 27.2k and 27.5k guys
14:51 Jitender : tx K
14:51 Sudheer : can we tag 450 in BNF
14:51 MJ : You are my inspiration J.
14:51 MJ : Kudos.
14:51 Jitender : Shai & Tej…t my inspiration M
14:51 Jitender : follw tem
14:52 TP : We all inspire each other 😉
14:53 Uttam : BNF also hvn at 27370 so may not let it move away
14:53 Shai : Tej is the one — just luke the name . Even the bots are left back in the dust
14:53 Shai : and Jit is always clear as a crystal
14:54 Jitender : u r our reason 2 b were we are Shai_/\_
14:54 Azmath : +1
14:54 TP : Chief blessed to be in such a professional room !!
14:54 Sudheer : out of BNF longs
14:54 Sudheer : at cost
14:55 Uttam : +1 Shai / Jit / Tej
14:55 Sudheer : +1 all good platfirm this is for learners
14:55 Sudheer : i like the consistency u guys have in timing
14:59 Sudheer : bulls attempting to get above DVAH failing
15:03 Jitender : fed greens in bnf ?
15:04 Sudheer : not able to move price higher
15:05 RK : move SL to 11005 (14:40) RK : Short NF 10995 for 10975/10965 SL 11020
15:06 RK : 20 point move there now
15:06 RK : either side
15:11 Uttam : (14:53) Uttam : BNF also hvn at 27370 so may not let it move away
15:11 Sudheer : @shai are these sellers in BNF at 420 big enough ?
15:12 Vinay : Uttam how does one play the exipry given these conditions for tomorrow?
15:12 Shai : yes decent size
15:12 Shai : the big ones were at 27290 earlier – buyers
15:12 Sudheer : ok .. thanks 🙂
15:13 Uttam : need to see where we open & accept tom Vinay
15:13 Uttam : and if we get a move away from today’s wide POC
15:13 Sudheer : i’m guessing ORR tmrw
15:13 Sudheer : but would like to take positions tmrw only
15:14 Uttam : we have a FA at lows today so if that gows can look at a 1atr move down
15:14 Sudheer : as we are closing at dpoc/vwap today
15:14 Uttam : else 27450/550 can be tagged tom
15:15 Uttam : BNF ledge at 27350 RK?
15:17 RK : no
15:17 Uttam : oh yes gets smoothened out
15:18 Uttam : dpoc shifts higher in NF
15:19 Sudheer : i guess all these greens in bnf are covering
15:20 Shai : usdinr near day highs
15:20 Praneeth : Shia, whats ur swing view on usdinr…again to 74/
15:20 Shai : at 70 there was decisive booking of shorts today
15:20 Praneeth : ?
15:20 Praneeth : *sha
15:20 Praneeth : *shai
15:20 Shai : not clear Praneeth
15:20 Shai : 70 to 74?
15:21 Shai : that is once in a decade kind of move
15:21 Praneeth : i mean 1 months move
15:21 Praneeth : *swing
15:21 Shai : no
15:21 Shai : bounce could get sold
15:22 RK : book fully 10983 (15:05) RK : move SL to 11005 (14:40) RK : Short NF 10995 for 10975/10965 SL 11020
15:22 Uttam : +1 RK
15:22 MJ : Shai can carry ce/pe?
15:22 MJ : bnf?
15:22 Shai : +1 RK
15:22 Azmath : +1
15:22 RK : running out of time
15:22 Shai : This profile will move tom
15:23 Shai : direction not clear
15:23 Shai : BNF that is
15:23 Uttam : yes Shai
15:23 MJ : Closest otm combo?
15:23 Shai : can
15:23 Shai : time for a drive at open tom
15:24 Shai : NC in both
15:24 Shai : hope there is o gap
15:24 Sudheer : expecting kinda flat or slightly positive open
15:24 RK : low vol affair > wide poc > sudden spurt in 2.40 bar > lead to fade for NC close
15:24 Shai : and we get to trade this profile
15:25 RK : ofc wide POC in BNF after 3IB was the first confirmation
15:25 MJ : Yes shai *NO GAP* very imp. Hence ce/pe combo..
15:25 Sudheer : tmrw expiry options will be crused at the open .. going with nil
15:26 RK : only hurdle against that fade was gap and FA could have smashed that trade..but smtimes have to live witht his conviction Vs context fight 🙂
15:26 RK : anyone dreaming here for Island?
15:26 TP : yes sir
15:26 Himanshu : me too 🙂
15:26 Shai : carrying short F with short PE as hedge
15:27 RK : BNF was clear 3IB canditate today
15:27 RK : just 20 point above IBH and neat 50 point fall
15:27 RK : from IBH
15:27 Sudheer : yeah possible … Tmrw’s open key
15:28 TP : some big vols coming in.
15:29 MJ : Dovish no hike.
15:29 MJ : Cheerio boys.
15:29 MJ : Have a nice evening.
15:29 TP : Bye All.
15:29 Jitender : adios amigos
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 Uttam : Congrats once again RK 🙂 and a super start to this new role
15:30 Vinay : bye all
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Sudheer : bye all .. one good day.
15:31 Kathir : thanks and bye all


10:55 TP : Shai views on Hindalco, series/swing.
11:54 Shai : hindalco on track for 233
11:54 Shai : 222 is a buy on dips
11:55 Shai : series should be nearer to 233 if that 222 hiolds
11:55 TP : tks chief.
12:21 Gaurav : Shai can buy AVANTI FEEDS for couple of months at these leve;ls?
12:54 Shai : chart is not clean . It is trading above 405 res and short term is headed for 440
12:54 Shai : but cant really put a bigger TF in yet as gaps are opp
13:51 Gaurav : Thanks Shai
14:05 MJ : Shai whenever you can check. If you can see dip buyers in welent? Would be great. I’ve entered 102ish.
14:06 Subhodeep : hindpetro shai for the lat 90 minutes do you think would be good long?
14:07 Subhodeep : currently gyrating 238 239 range
15:10 Shai : welent was a good buy at 105 but ha smet supplay at 123
15:10 Shai : has to take out 123 for more
15:10 Shai : also a dip buy at 110
15:11 Shai : hind petro done 238 obj
15:11 Shai : should pullback tom