Order Flow charts dated 19th March 2021

Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.

An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.

NF

Vol Pic2 Nf 13 Order Flow Charts Dated 19Th March 2021 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic 2 Bnf 13 Order Flow Charts Dated 19Th March 2021 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:33 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/774120517
08:36 Vtrender Live : 5 min nF harts – `https://join.me/925-382-957
08:36 Vtrender Live : 5 min BNF charts- https://zoom.us/j/8647755514?pwd=WEVLaDdyMzFPQzRsZ1B6SG9wVXN1dz09
08:44 Chandrashekhar : GM all
08:45 Ganga Katara : GM all
08:46 Ganga Katara : I have CEs of 14700 and 35500 Can anyone adivse me what to do now? I am a new member to this room
08:57 Nisha : GM All
09:06 Shai : GM all
09:06 Abhishek : GM all
09:06 Ankush Jain : GM all
09:06 Shai : 14690 and 14474 are 2 ref lines of the open today
09:06 Rahul : ganga – stay with shai
09:07 Rahul : back after a time, morning all
09:07 Shai : NF was an incmplete DD and we go with 14474 as supp for this DD as long as it holds
09:07 SandeshJoshi : GM all
09:07 Shai : we respond depending on the open
09:07 Shai : NF and the global SPX at 3900 and NF at 14474 are at major supports
09:08 Shai : respond only when we see right volumes
09:08 Shai : Trade safe and well today
09:08 Nikhil : G’mng. Shai. Can u advise the BNF levels. thnks
09:09 K2dt : gm all..lot of new guys today
09:09 Shai : 34730- 790 is yesterday selling in BNF
09:09 Shai : supp at 33700 for that kind os selling
09:09 Shai : respond when 33700 breaks again
09:09 Nikhil : ok. thanks
09:10 Uttam : Good Morning All 🙂
09:10 Uttam : https://vtrender.com/market-profile-analysis-dated-18th-march-2021/
09:10 Shai : If you have overnight shorts, book once around 14470 and wait for a bounce
09:12 Yash null : ug, previous day range in both?
09:13 Yash null : though it’s no use as no balance right?
09:13 Ganga Katara : Shai, I have CEs of 14700 and 35500 can u adivse me what to do now? I am a new member to this room
09:14 Surya ganti : gapped down below the support?
09:14 Uttam : BNF in the buying tail of 2nd Feb
09:14 Uttam : below 33600 would be weak
09:14 Uttam : for 33477 & 33366
09:15 Tejpreet : GM All.
09:17 Yash null : stuck
09:17 Ankush Jain : fine
09:19 Shai : shoukd boucne to 14530 sl of 14435
09:19 Shai : No new shorts
09:19 Tejaswini : Chief can eneter longs?
09:19 Tejaswini : for 530?
09:21 Surya ganti : in with small qty
09:21 Shai : no new shorts
09:21 Shai : not a long
09:22 Shai : only an RB
09:24 Shai : we trade long only on green transitions and green bands
09:24 Shai : pls follow the rules
09:24 Rahul : +1
09:24 Tejaswini : Yes chief
09:24 Arun : +1
09:25 Uttam : 14430 breaks we can get 14367 Shai?
09:25 Prashant : shai, you don’t see 2nd feb gap filling today?
09:25 Shai : selles
09:26 Uttam : 14500pe from 240-258
09:26 Uttam : doom doom
09:26 Ankush Jain : that was quick
09:27 K2dt : 193-256 14500pe
09:27 Uttam : aaya? – (09:14) Uttam : below 33600 would be weak(09:14) Uttam : for 33477 & 33366
09:27 Uttam : 14386 so far – (09:25) Uttam : 14430 breaks we can get 14367 Shai?
09:28 Shai : Buy 14500 pe now at 263 sl of 219 tgt 311
09:29 Shai : new selling from 14445
09:30 Uttam : 33380 so far – (09:14) Uttam : for 33477 & 33366
09:31 Aman Singhania : shai 13900 game on?
09:33 Rahul : 923 greens is booking ?
09:33 Shai : Book that PE at cmp
09:36 Yash null : 1dt done
09:37 Shai : PE prices not moving in sync
09:37 Shai : if we get a pullback we come back in
09:37 K2dt : yes chief..PEs need to behave a little
09:38 Yash null : no zeros at low in nf, so chances of revisit?
09:39 K2dt : nf and bnf budget day gapfill done
09:40 Rahul : 145 k ce on 923 guy.
09:42 Shai : +1- (09:39) K2dt : nf and bnf budget day gapfill done
09:42 Uttam : 14367 was the VPOC from 1st FEb and low made today 14371
09:42 Uttam : (09:25) Uttam : 14430 breaks we can get 14367 Shai?
09:42 Shai : 14445 was the selling
09:42 Surya ganti : back in that zone
09:42 K2dt : can expect some reaction frm bulls today
09:42 K2dt : after continous selling
09:42 Rahul : yes k2
09:43 Shai : got unsure below 14390 and hence exited the put which is a safety first option
09:43 K2dt : +1 chief
09:43 Rahul : +1
09:43 Uttam : timely exit Shai +100
09:43 Amit : +1
09:43 Shai : Chance of a pullback is there but we wait for green bands to show the way
09:43 Shai : Anyway all abv that seller ref only
09:43 Chandrashekhar : +100 Shai…
09:44 Ganga Katara : weekly chart has made shooting star four weeks ago
09:44 Aman Singhania : shai wats d chances of 13900??
09:44 Ganga Katara : now breakout has came
09:45 Ganga Katara : chances of 14200 and 13900 thereafter
09:45 Uttam : @Ganga welcome to VT but we do not follow candle stick patterns here only MP & OF
09:45 Uttam : we have monthly / weekly & daily reports on the website in the forum section which you could refer to
09:46 Jitender : Aman…tv is egging fr a pullback and is surprised at new lows made…so u never know :)..go with price n vols…14375-1400 spot sort of retail ref areas
09:46 Jitender : *14400
09:46 Aman Singhania : +1 jit
09:47 Aman Singhania : evry1 is talkin abt a pullbck
09:47 Jitender : bnf is less eager to fall so far
09:47 K2dt : +1 jit.. it is showing tantrums since morning 🙂
09:48 Rahul : bnf
09:48 Rahul : morning sellers to be tested ?
09:48 Jitender : wen lot of ppl are after sumthn..she is entiltled to tantrums 🙂
09:48 K2dt : 😀
09:48 Rahul : +1 jit
09:50 Shai : no drive still so not yet in- (09:44) Aman Singhania: shai wats d chances of 13900??
09:50 Aman Singhania : k thnks
09:52 Rahul : awaiting a green band at IBH (09:48) Rahul : morning sellers to be tested ?
09:53 Govind : supply still active around 14445 and above….can they soak in all the bids here and send it back….
09:54 Shai : upper ref line is 14540
09:54 Shai : that weirdness of the 14500 pe now reflecting in price
09:55 Shai : (09:37) Shai : PE prices not moving in sync
09:55 Shai : won’t be as easy today guys
09:55 Shai : trade smaller
09:55 Shai : be more careful
09:55 Uttam : +1 Shai crucial day today?
09:55 Rahul : +1
09:55 Ankush Jain : FRY day
09:56 Arun : but heavy vols
09:56 Uttam : the fight is on Arun
09:56 Arun : Undr stod
09:56 Uttam : both buyers and sellers will fight out this zone
09:57 Ankush Jain : 14474 zone
09:58 Rahul : ug bnf will gv the way today ?
09:58 Uttam : this probe done Rahul – (09:14) Uttam : below 33600 would be weak(09:14) Uttam : for 33477 & 33366
09:59 Uttam : 33366 was imp level and accordingly giving a good bounce
09:59 Uttam : lets wait now for OF cues
09:59 Surendra : no green band so no fresh demand yet is it?
09:59 Shai : early shotrts and short covering
10:00 Uttam : 33624 ref in BNF
10:00 Rahul : tthanks ug
10:03 Uttam : _/\
10:06 Uttam : BNF going for 33940 test?
10:06 Revanth : uttam in bnf the white band is 33951.46 so that is the SL of shorts ?
10:06 Uttam : that is the upper ref
10:06 Uttam : so can look at RS or reds there
10:07 Uttam : the white lines become SL for longs or shorts when we get a transition bar at one of them
10:08 Anand : Greens in NF
10:08 Rahul : bnf yeppp
10:09 Rahul : took a chance without green band, not doing this stunt again
10:09 Uttam : (09:54) Shai : upper ref line is 14540
10:09 Rohit : Shai, please adjust Joineme fonts. Thanks
10:10 Shai : selling into higher price
10:10 Rahul : reds
10:10 Abhishek : shai we observe upper ref + filter
10:11 Ankush Jain : 160 points bounce from lows in NF
10:12 Rajan Modi : mazak chal raha hai
10:13 Rahul : that 923 anchored well
10:13 Rahul : HH n HL after that smooth
10:14 Rahul : gap down of yestrerday done
10:14 Shai : short NF below 14501 sl of 14541 tgt 14444
10:14 Shai : 3rd RS
10:14 Shai : All selling the higher prices
10:16 Abhishek L : shai not getting the tone when u post msgs is it a problem from ur end?
10:16 Jitender : dpoc pivot now in bnf
10:16 Uttam : BNF also gettting a RS at 33890
10:16 Jitender : fat guy tere
10:16 Ravi : yep neither me getting the sound
10:17 Uttam : overlapping POC at 14520 in NF
10:18 Uttam : 14521 was the low of the series before yesterday
10:18 Shai : test
10:18 Uttam : audio working for me
10:18 Subhadeep : Heard
10:18 Shai : sound is okay
10:18 Uttam : check the symbol guys
10:18 Arun : yes
10:18 Uttam : and volume bar
10:18 Ashok null : working for me
10:18 Uttam : of the webinato as well as your laptop
10:19 Ravi : now wworking
10:19 Shai : 1476 book half- (10:14) Shai : short NF below 14501 sl of 14541 tgt 14444
10:19 Ravi : after SHais test message
10:19 Shai : sl at 14501 now
10:19 Shai : (10:10) Shai : selling into higher price
10:19 K2dt : chief u talking? cant hear
10:19 Uttam : the audio alerts K
10:19 K2dt : ah my bad
10:20 Ravi : Shai ..can we consider A&B today as a continuation of the second distrubution..now the distribution defined between todays low and 14520?
10:20 Ravi : second distrubition of yesterday i mean
10:21 Uttam : this RS gets vwap in BNF – (10:16) Uttam : BNF also gettting a RS at 33890
10:21 Shai : No
10:21 Shai : Auction was a drive down by sellers which could not hold vwap
10:21 Shai : dual auction today
10:22 Shai : hence more diff day
10:22 Shai : exit the NF balance
10:22 Shai : we respind now abv 14540
10:22 Shai : let it adverstise
10:23 Uttam : this holding in BNF – (10:00) Uttam : 33624 ref in BNF
10:23 Uttam : C side cometh?
10:23 Himanshu : Good Tussle today
10:23 Prashant : wow
10:23 Uttam : 33940 where are you
10:23 Ravi : thanks Shai
10:24 Uttam : beautiful auction in BNF from morning
10:24 Arun : +1. Can see the war live….eye opening…how the fight goes.
10:25 Arun : Sellers cudnt push the front…backin off now
10:25 Uttam : high right there – (10:06) Revanth : uttam in bnf the white band is 33951.46 so that is the SL of shorts ?(10:06) Uttam : that is the upper ref
10:25 Uttam : 33952
10:25 Uttam : 30min levels rock
10:25 Uttam : 33940 was a HVN too yesterday
10:33 Revanth : Still 14474 is ref level ?
10:33 Shai : 14444
10:34 Yash null : trying to set trend day?
10:37 Shai : no
10:37 Arun : I guess ORR(Open Rejection Reverse) and a OAOR
10:37 Shai : trying hard to stay at 1520- 40
10:37 Shai : 14520-40*
10:42 Suresh : no fireworks from bulls side
10:43 Surendra : volumes are on higher side today during this period as well
10:46 Ankush Jain : very fast auction today
10:48 Suresh : firworks
10:48 Uttam : laggard shorts being taken out looks like
10:48 Prashant : d>b>c>a as of now
10:48 Prashant : d>c
10:48 Uttam : green band with transition bar
10:48 Uttam : 14593 was yPOC
10:53 Ankush Jain : deep frying today
10:54 Rajan Modi : NF premium gone
10:54 K2dt : dil pe le liya bulls ne :p (09:42) K2dt : can expect some reaction frm bulls today
10:56 Rajan Modi : lolz
10:56 Shai : 🙂
10:56 Tejaswini : lol Kush
10:56 Milind : Is this NTZ@Shai?
10:57 Shai : Game is reset again at 15600
10:57 Ankush Jain : 14600
10:57 Surya ganti : bullish above that shai?
10:57 Sanjiv : 15600?
10:57 Shai : pardon me
10:57 Shai : 14600*
10:57 Sanjiv : 🙂
10:57 Ankush Jain : aaj kal 1000 point idhar udhar aise hee ho jaata
10:57 Ankush Jain : 🙂
10:58 K2dt : moves r so fast ..cut chief some slack guys 🙂
10:58 Rajan Modi : haha
10:58 Surya ganti : 5 min candle has 70+ range..too fast
10:58 Sagi : oonce said is said Shai… we shal see 15600 also
10:58 Shai : one more green
10:58 K2dt : bhai dange karvaoge aap Sagi :p
10:59 Sagi : lol
10:59 Shai : 14690
10:59 Rajan Modi : hahaha – happy not be in red today _/\_
10:59 Shai : D is HH
11:01 Uttam : 1.5 IB done in NF
11:01 Uttam : 14609
11:01 K2dt : RS at 14600 would be ncie
11:01 Uttam : BNF it is at 34151
11:02 Ankush Jain : FA revisit in offing?
11:02 Uttam : (10:48) Uttam : green band with transition bar
11:02 Shai : sl is deep to chase a long here
11:02 Shai : but we are doing 14690
11:03 Uttam : +1 Shai the lower ext handle is there too
11:03 Shai : Any poullbak to 570 is a buy
11:03 Uttam : 14689 is 2 IB too in NF
11:03 Shai : 190 sl in 14600 ce]
11:04 Uttam : doen – (11:01) Uttam : BNF it is at 34151
11:04 Rahul : yepp 8) Rahul : ug bnf will gv the way today ?
11:05 Shai : +1
11:06 Rahul : feeling better to be back
11:07 Rahul : guys check 34k ce data
11:08 Prashant : can short below 615??
11:08 Prashant : sorry, green bar before
11:08 Uttam : that was the target for longs P
11:09 Uttam : so if you were long you can part book or book full at that level
11:09 Rahul : +1 ug
11:09 Uttam : 14599 ref now
11:09 Uttam : NF staying above that upper ref
11:10 Revanth : 14400 is good demand zone as of now ?
11:10 Uttam : BNF stalled at the upper ref line if 34133
11:10 Prashant : no i was thinking of a retrace.
11:11 Uttam : having the right bias for the day is important
11:11 Uttam : 3 green transition bars
11:11 Uttam : green band at top
11:11 Uttam : staying above 30min upper level
11:11 Uttam : retracement play when you get a good RS
11:12 Shai : Nuy 14600 ce at 216 sl of 190 tgt 255
11:12 Prashant : thanks for reminding ug..
11:12 Uttam : all of us need to be in sync with the markets 🙂
11:13 Rahul : n with shai too
11:13 Uttam : MP & OF in the room gvies us that edge so lets make most use of it
11:14 Prashant : just looking for a long at a better place, and a short to reach that better place, which does not look like coming.
11:14 Rahul : 14593 to be tested ?
11:15 Surya ganti : SL hit shai
11:16 Shai : sl taken exit- (11:12) Shai : Nuy 14600 ce at 216 sl of 190 tgt 255
11:16 Rahul : tesrt done, hope stays o be tested ?
11:16 Revanth : longs taking an exit ?
11:16 Rahul : 640 is crucial
11:17 Rajiv Ohri : back to 645?
11:18 Rajiv Ohri : to make a DT
11:18 Prashant : an now long that ce at 181
11:19 Rahul : 14593 holding , lets test once more to 640
11:19 Shai : can come to 530
11:23 Prashant : bnf looking a bit weaker of the 2.
11:24 Shai : That freakling reversal caught us on the wrong side
11:24 Amit : ibh vwap test in in this IS
11:24 Shai : just late in that long
11:29 Tejaswini : can we play this 530 level chief?
11:29 Tejaswini : through 14500PE?
11:34 Uttam : 14600pe from 213-222
11:34 Favas : ug ref?
11:34 MJ : Chief, swing short TSL can be moved to?
11:35 MJ : 14750?
11:35 Uttam : this gave VWAP @Favas – (11:10) Uttam : BNF stalled at the upper ref line if 34133
11:36 Uttam : breaks below vwap then can look for more downside as BNF has been above VWAP post A period
11:38 Favas : tnks
11:38 Uttam : _/\_
11:39 Shai : One time frame up stopped with that revrsal
11:39 Shai : will be careful with longs here
11:39 Shai : if 14530 breaks shorts for 14425-45
11:39 Shai : sl 13570 F
11:39 Shai : Auction is dual today and whipping
11:39 Shai : so trade small and be quicker
11:40 SandeshJoshi : 14530 F right?
11:40 Shai : (10:21) Shai : dual auction today(10:22) Shai : hence more diff day
11:41 Shai : didn’t want to trade this as we had a long earlier stopped=-(11:19) Shai : can come to 530
11:41 Tejaswini : +1
11:41 Shai : congarts to all who went short on red
11:42 Nisha : +1 Shai for short on red. did NF 14590 to 15547. Not sure if covered early 🙂
11:42 Nisha : 14547*
11:43 Govind : ES trying to break 3900
11:43 Nikhil : go short now
11:43 Nishant : (11:39) Shai : if 14530 breaks shorts for 14425-45….stop for this?
11:43 Shai : wait for red
11:43 Prashant : 570 he said
11:44 Shai : Buy 14600 put at 233 sl of 199 tgt 301
11:44 Shai : let’s gop in
11:45 MJ : vwap todo sire.
11:46 Uttam : (10:00) Uttam : 33624 ref in BNF
11:46 Uttam : check the low in this dip
11:46 Uttam : below that can test 33500
11:49 MJ : 303 bnf reds
11:49 MJ : below vwap
11:49 Shai : Nf earching for red
11:50 MJ : yes bossman.
11:50 Rahul : vwap defended in 14500 ce as well
11:50 MJ : One IS at vwap and was done.
11:50 MJ : vwap ibh aligning slowly?
11:50 Govind : All state public transport in TN suspended till March 30th
11:51 Arun : ohh
11:51 Rahul : 14554 coming ?
11:51 Govind : Salem and Tiruppur Corporations have announced full lockdown
11:52 Rohit : Flat now. See-saw market looks reluctant to go anywhere just yet.
11:52 MJ : +1 rahul
11:52 MJ : cheers.
11:52 Rahul : thanks mj
11:52 Prashant : D lows still holding.
11:52 Rahul : yeppp
11:52 MJ : reds at vwap were not there.
11:53 MJ : dual auction, fast legs or sit out.
11:53 Rahul : yes mj,
11:53 K2dt : yes MJ..it is indeed fast
11:54 MJ : 14600 ce 159-176
11:54 Rahul : +1
11:56 Shai : exit the PE at 217 cmp – (11:44) Shai : Buy 14600 put at 233 sl of 199 tgt 301
11:56 Shai : No trades open
12:00 Bhishma : whipsaws
12:03 Shai : yes
12:03 Shai : unfortuinately 🙁
12:03 Shai : we trim it down and trade the high probability post noon
12:04 Shai : 14530 and 14444 are ref zones still
12:04 Shai : 14530 holding is good for longs
12:04 Shai : but sellers should attack once that goes
12:04 MJ : truckdriver trades between this zone.
12:04 Ankush Jain : new terminology
12:05 K2dt : lool(12:04) MJ : truckdriver trades between this zone.
12:05 KK : buyers out of BNF ?
12:06 Tejaswini : Theres some muscle memory from yesterday where the triggers were fast and the trade was smooth. Have to adapt to todays auction which is not at all smooth
12:08 Bhishma : 3 cot -ve bnf..vol aroung 1600..may b this bar be 2000
12:08 MJ : 250 bnf low flag.
12:08 MJ : no colour he has.
12:09 Bhishma : now red
12:11 Uttam : on the way? – (11:46) Uttam : (10:00) Uttam : 33624 ref in BNF(11:46) Uttam : check the low in this dip(11:46) Uttam : below that can test 33500
12:12 Revanth : +!(11:36) Uttam : breaks below vwap then can look for more downside as BNF has been above VWAP post A period
12:12 Uttam : 33750 ref in BNF now on the upside
12:13 Uttam : 33528 so far
12:14 Bhishma : last IS in BNF good volume..
12:14 Bhishma : 4907
12:14 Chandrashekhar : NF needs to move now
12:15 Uttam : 33500 aaya?
12:15 Uttam : 33499.4
12:15 Bhishma : yes
12:16 Uttam : BNF beautiful auction today 🙂
12:16 Bhishma : now what next ref
12:16 Chandrashekhar : yes..NF not supporting BNF:)
12:16 Bhishma : this is open test drive open uttam
12:17 Bhishma : ?
12:18 Uttam : Open TYpe in both was OAOR
12:18 Uttam : low vols
12:18 Revanth : dual auction
12:18 Uttam : fall it was at open
12:18 Uttam : and once we got above VWAP all those local shorts were forced to cover
12:19 Uttam : please remember the Rules of Open Type
12:20 Uttam : for an OTD we needed to give a drive away from yPOC or a HVN
12:20 MJ : 244 tried selling below dop.
12:20 Swapnil : Some FTSE rebalance due later today with 1BUSD inflows – typically happens in last hour. So volumes may be higher then. Just saying.
12:24 Bhishma : 34628 is ypoc (12:20) Uttam : for an OTD we needed to give a drive away from yPOC or a HVN
12:24 Rajiv Ohri : look at the volume in ITC spot 12:20 Swapnil : Some FTSE rebalance due later today with 1BUSD inflows – typically happens in last hour. So volumes may be higher then. Just saying.
12:24 Bhishma : so beloe thizs trending can become OTD?
12:24 Yash : CHief, bias on sell side now right?
12:26 MJ : 506-553 nf (12:20) MJ : 244 tried selling below dop.
12:29 Prashant : mj is a doer..
12:30 Uttam : Open Type is for the first 15mins only B and does not change – (12:24) Bhishma : so beloe thizs trending can become OTD?
12:30 Uttam : post Open Typer we have the Initial Balance then the developing day structure we follow for further auction probes
12:31 Yash : UG, BNF waiting for ur push? please let her fall
12:32 Bhishma : oh ok
12:32 MJ : Prashant 🙂
12:32 Bhishma : thanks uttam
12:32 Uttam : made a high of 33730 so far – (12:12) Uttam : 33750 ref in BNF now on the upside
12:34 MJ : 14585 seller to negate now.
12:35 Uttam : transition bar coming in both
12:35 MJ : jmd! 😀
12:35 Uttam : lets see how this closes
12:35 MJ : vwap ibh alignment needs 7 pts
12:39 Rajesh G : NIFTY 12.40 BAR poc
12:39 Rajesh G : PREVIOUS BAR
12:40 MJ : 235 green on top nf.
12:40 Uttam : 14590 was yPOC
12:40 Uttam : RS for now there
12:41 Uttam : 14590 – (12:39) Rajesh G : NIFTY 12.40 BAR poc
12:41 Abhishek L : means has he added longs or booked (12:40) MJ : 235 green on top nf.
12:41 Rajesh G : ok
12:41 Arjun : the 244 guy (below VWAP) getting out
12:41 Rajesh G : ug POC is highest vol of the bar
12:41 Uttam : why he kept 9 contracts 😉
12:42 Uttam : yes Rajesh – (12:41) Rajesh G : ug POC is highest vol of the bar
12:42 Arjun : 9 would be someone else 😉
12:42 MJ : Abhi, 0’s above that 235
12:42 Uttam : no 0s there – (12:42) MJ : Abhi, 0’s above that 235
12:42 Uttam : you need 2-3 rows of 0s on both sides
12:42 Chandrashekhar : +1
12:43 Milind : Market is jumpy – up 40 points and down 40 points
12:43 MJ : 235 immediately had 0 on top. So that makes it sl order?
12:43 MJ : Or end of bar needs 0 to confirm sl. right?
12:43 Uttam : do not get stuck in small numbers
12:43 Uttam : above 400-500 are where you want to look at these kind of stuck players
12:43 MJ : Abhi: I look at upside down, it doesn’t matter he tried longing or is sl.
12:43 Uttam : 14590 was a ref & we got a RS there
12:43 MJ : and apply rules of IB IS RB RS.
12:43 Yash : nice rejection in BNF?
12:44 Uttam : now getting back to VWAP
12:44 Uttam : BNF gave a swipe above VWAP
12:44 Chandrashekhar : H period it is….Hammer time Uttam?
12:46 Himanshu : yes H wants to take lunch – Virar to Charchgate mein 3 Trip Meera Road to Bandra done
12:46 Uttam : dual auction C so unless we get a good transition bar looks tough that H wala hammer move today
12:46 Himanshu : Now Hungry – Ug Wants to fill BNF slim Zone in K
12:47 Himanshu : UG – In learning Tab – had posted BNF – Fast Zone – Would you comment on it – is my reading right ?
12:48 Himanshu : I want to check my answer paper from Examinor
12:48 Uttam : lol no examiner here, all students
12:48 Uttam : will check it out H
12:49 Himanshu : Ok JO Hukum sir
12:49 Uttam : by the way you were late t the webinar yesterday which means you were watching the Indian Team batting ;-p
12:50 Tejaswini : completely forgot yesterday that there was a webinar. S**t
12:50 Tejaswini : Sorry guys what was the webinar on?
12:51 Uttam : it was on Webinoto T ;-p
12:51 Tejaswini : 🙂
12:51 Himanshu : UG – No Was not watching
12:51 Himanshu : now wathcing Highlights
12:52 Himanshu : I was teaching my son –
12:52 Himanshu : and then suddenly realsied at 8.55
12:52 Himanshu : and rushed – Pls pardon late attendence –
12:53 Uttam : oh ok _/\_
12:53 Himanshu : So worked 30 mts more post to find relative fast zone for BNF –
12:53 Tejaswini : 442 at VAH
12:53 Tejaswini : fade?
12:55 Himanshu : and found – so posted.
12:58 MJ : playing between DOP and Prev Close, Nf.
12:58 Yash : 2nd transition bar in bnf,,
12:58 Shai : balance in today
12:58 Shai : After that early rejection we fill up the DD
12:59 MJ : +1 chief.
13:01 Himanshu : Chief we need filling in VAL to DLO zone also ..
13:01 Himanshu : in BNF – will or will be agenda for Monday,,
13:06 Yash : UG, I have one doubt, help me with that
13:07 Yash : morning lows didnt have 0s at low in NF
13:07 Yash : so does that mean we can visit it back to check possiblity there?
13:11 Uttam : @Yash the 0s we see on 5min OF chart are for the quickest timeframe auctions
13:11 Uttam : we have a A period buying tail at lows in both today and from a demand zone
13:15 Uttam : and we knw that the morning buyers are still there as VWAP was defended in NF
13:15 MJ : again probing 600 zone
13:16 MJ : too many test for that 600
13:16 MJ : 590
13:16 Uttam : unless we get a volume expansion we could be headed for a balanced close today
13:18 Ankush Jain : volumes are contracting since F
13:18 Yash : this guy around 780 in bnf,
13:19 Himanshu : UG – I wonder in low volume – what is happening to this Pinks and Greens – which Price is leaving behind them ..
13:19 Himanshu : If not order flow – its blind shots ..
13:20 Yash : taken?
13:20 Uttam : yes H which is why we get to see those stuck players at both ends
13:21 MJ : And now DHI and higher highs please (11:50) MJ : vwap ibh aligning slowly?
13:21 Himanshu : My homage to them .. and
13:21 Himanshu : lucky to have got into MP and OF
13:21 Uttam : NF going for 14690?
13:21 Suresh : looks like
13:21 Suresh : 14500 ce entered at 250
13:22 Himanshu : One Whats up group by one TA trainer – told his participants yDay – Am also in that group from very early days,,
13:22 Surya ganti : dpoc moved a bit higher.,. and boom NF jumped
13:22 Himanshu : One guy asked next expiry 32 or 35 K in BNF
13:22 Yash : 34000ce at 570,
13:22 Himanshu : G’man said veru soon 40 K
13:22 Surya ganti : 😀
13:22 MJ : 228 nf.
13:23 Himanshu : And I wonder how could he predict 40K – whith what data or indicator – BC
13:23 MJ : lets get above him
13:23 Himanshu : Sab marenge asie hi,,
13:23 MJ : one dhi tag then dpoc close?
13:24 Himanshu : MJ – Calm down
13:24 Prashant : peek beyond dhi par 0s de do..
13:26 Prashant : 658 is 30 min shai number
13:26 MJ : Geddit P.
13:28 Yash : no follow through?
13:29 Prashant : no
13:29 Uttam : yes vols dropping after that 3412 bar
13:29 Uttam : needs 3-4 2k+ contracts
13:29 Uttam : for move to sustain
13:29 Uttam : 3-4 bars with 2k + contracts
13:31 Chandrashekhar : +1 MJ..(13:23) MJ : one dhi tag then dpoc close?
13:31 Ankush Jain : whipsawing
13:32 Rajan Modi : already 70 points bar
13:32 MJ : Almost there C 🙂
13:38 Prashant : test
13:38 MJ : froze?
13:38 Prashant : yes
13:39 MJ : bnf getting hyper exite mode
13:39 Chandrashekhar : 1089 reds with 0’s in NF
13:39 Ankush Jain : here come 0s
13:39 Chandrashekhar : 14658
13:39 Rohit : Room chart frozen. Joinme ok
13:40 Ankush Jain : 1089 reds
13:40 Ankush Jain : EOA
13:40 Rajesh G : target of these reds
13:40 Ankush Jain : ?
13:41 MJ : dPOC min.
13:41 Prashant : tch..missed it
13:41 Chandrashekhar : Vwap test coming?
13:41 Rajesh G : thanx mj
13:41 MJ : Prashant you scripted it.
13:41 Chandrashekhar : yeah right…
13:41 Prashant : i was trying to oprn join me….itne main kaam khatam
13:42 MJ : 14600 pe done ! (13:23) MJ : one dhi tag then dpoc close?
13:43 Uttam : 14659 upper ref of 30mins and look what happened there
13:43 Uttam : thrse 30min levels are super awesome
13:43 Chandrashekhar : +1
13:44 Prashant : yes…especially at key levels
13:44 Tejaswini : ek baar vwap ke darshan on those 0’s?
13:45 Anand : but if 0s are below that 1089.. wouldnt that make it an SL ?
13:46 Ashok null : that 1089 is new shorts UG?
13:46 Tejaswini : @Anand above bhi hai
13:47 Anand : haan.. above hain isiliye we are thinking of shorting from there.. but having them below as well.. woludnt that make it an SL trigger was my question.. trying to understand Tej bhai
13:48 AbhishekM : FTSE Rebalancing is also there $800 to $900 million coming to our shores
13:48 Ankush Jain : chrts stuck again
13:49 Chandrashekhar : red band confirmation here would be nice
13:49 MJ : @abhi how does this work out? I mean timeline wise?
13:53 Ankush Jain : joinme also stuck?
13:53 Prashant : Anand…irrespective of 0s below or above, being the DH, one would expect stops to be placed beyond that level, so a push above that gives good vol to sell into, and so can be faded for a small move back. That’s how i understand it…
13:54 Anand : ok.. thank you _/\_
13:55 Uttam : looks like wants to do this – (13:21) Uttam : NF going for 14690?
13:55 Shai : yes poss test coming
13:55 Shai : 14600 ce for 255
13:55 Surendra : will that 1092 seller not defenc?
13:56 Rajiv Ohri : Recipie of VWap vist being prephared. DPOC up – Dva
13:56 Surya ganti : any entry point for that ce chief?
13:56 Shai : that’s a slo – (13:55) Surendra : will that 1092 seller not defenc?
13:56 MJ : SC?
13:58 Rajiv Ohri : Shai possible to adjust the MP chart
13:58 Uttam : 14690 done & dusted 🙂 – (13:21) Uttam : NF going for 14690?
13:58 Uttam : MP rocks
13:58 MJ : UG series values?
13:58 MJ : please
13:59 Uttam : 14732 imp ref now above
13:59 MJ : koi bhi chalega nf/spot
13:59 Uttam : BNF needs to catch up
13:59 Uttam : 34155 first
13:59 Shai : book if in CE- (13:55) Shai : 14600 ce for 255
13:59 Shai : 253
13:59 K2dt : 211-249 14600ce
13:59 Rajan Modi : done
13:59 Sandeep Partham : that was a super quick gain, Chief…Thanks
13:59 Shai : 14715 yesterday supply
13:59 Suresh : 14500 ce 252 to 320
14:00 K2dt : +1 chief
14:00 Shai : +1
14:00 Uttam : yes Shai and yVWAP also here
14:00 Uttam : 14705
14:00 Shai : +1
14:02 Anand : So good to short here on Reds Chief ?
14:02 Anand : CE from 225 to 248
14:03 Shai : high risk as reds are vwap longs booking
14:03 Shai : 14719 sl if doing
14:03 Anand : ok
14:03 Shai : 14630
14:03 Anand : _/\_
14:03 Shai : tgt
14:06 Anand : Shai.. are we considering those Reds as SLs cos of the 0s in between the bar ?
14:06 Anand : or any other method as well that u use to identify ?
14:07 Sanjib : @Shai please adjust the NF profile chart
14:07 Sanjib : thanks
14:09 Shai : not sl but profit booking- (14:06) Anand : Shai.. are we considering those Reds as SLs cos of the 0s in between the bar ?
14:09 Shai : They are RS
14:10 Shai : we don’;t have IS now from 11 .15
14:10 Anand : thank u
14:11 MJ : Very big ib for 3ib to come through.
14:12 MJ : J extension.
14:12 MJ : Will it stay?
14:12 Rajiv Ohri : Yesterday dvah was?
14:12 Chandrashekhar : 14826
14:13 Chandrashekhar : yesterday’s VAH
14:13 Chandrashekhar : 708 was YVwap
14:14 Shai : NF abv 720 can run to 790/ 850 on SC
14:14 Shai : last chance for sellers here
14:14 Swapnil : charts stuck?
14:14 Abhishek L : sellers shall give in now cjheif
14:16 Chandrashekhar : K doing some work here?
14:16 Prashant : J ext gone
14:17 Himanshu : Chief BNF heard you
14:17 Sunil : red band, & transiton bar … do we go short here ?
14:19 Jitender : one lvl has been golden in bnf today 🙂
14:20 Jitender : amidst all tis volatilty
14:20 Tejaswini : +1 Jit
14:20 Tejaswini : dpoc
14:20 Rajiv Ohri : 840
14:20 Jitender : grt
14:20 Jitender : n one more for reds ..wich is tat ?
14:21 Rajiv Ohri : 070
14:21 Jitender : +1 ….070-34.1 zone
14:22 MJ : Clarity is power, +1 jit
14:22 MJ : cheers
14:23 Rajiv Ohri : Waiting for 630 now. Shai bring it on
14:28 Jitender : last hr..tc guys
14:28 Jitender : c u monday
14:29 Prashant : 770 now?
14:31 Shai : not clean
14:31 Prashant : ok
14:31 Amit : 15K CE dukann on 25th!
14:32 Amit : killer move….K
14:32 MJ : vwap ibh quant did good.
14:33 Uttam : BNF at yVWAP now
14:34 Uttam : boom boom move
14:34 Uttam : spike only if can sustain above yVWAP
14:35 Uttam : so K walon kakhan ho bahar aao 😉
14:36 Uttam : (13:59) Uttam : 14732 imp ref now above(13:59) Uttam : BNF needs to catch up(13:59) Uttam : 34155 first
14:37 Chandrashekhar : Moody’s upgrades INdia GDP to 12% for 2021
14:38 Uttam : oh ho good news is not good 😉
14:38 Amit : upper reference above 790?..
14:38 Tejaswini : the news came in morning itself (14:37) Chandrashekhar : Moody’s upgrades INdia GDP to 12% for 2021
14:38 Chandrashekhar : oh ok…just got the fed on news app in mobile
14:38 Uttam : then its ok
14:38 Uttam : chalo then upar
14:39 MJ : Bhaisaab! (14:11) MJ : Very big ib for 3ib to come through.
14:39 Amit : upper refer 935 then?
14:39 MJ : 60 more.
14:39 Chandrashekhar : VAH – 826 possible?
14:39 Chandrashekhar : YVAH..
14:39 Uttam : 14795 is the ext handle main one
14:39 Uttam : yesterdays
14:39 Uttam : H wala
14:40 Chandrashekhar : no trades now…just watching
14:40 Chandrashekhar : prserving the DT’s
14:42 Revanth : that H singels should be taken out for clean up move ?(14:39) Uttam : H wala
14:43 Rajan Modi : 400 points up from morning lows _/\_
14:43 Rajan Modi : and yet to close
14:44 Uttam : remember A period buying tail?
14:44 Uttam : VWAP defended
14:44 Uttam : did mention in the afternoon that VWAP defense means mornign buyers still in the game
14:45 Uttam : NF especially
14:45 Ankush Jain : 400 pointer yesterday, 400 today
14:45 Uttam : big range day attracts big range days
14:47 Uttam : BNF on for 35400?
14:47 Uttam : negotiations on at yVWAP
14:47 Uttam : 34462 was ext handle in it
14:47 Tejaswini : UG u mean 34400?
14:47 Uttam : 34426 to 34462 was selling singles
14:48 Uttam : yes sorry 34400 🙂
14:48 Tejaswini : Ug if ywap not taken can it go back to dpoc? what ref to consider/
14:48 Yash : UG now no sorry, ek bar jo commitment kar di to kar di
14:48 Uttam : take it above 34272
14:49 Uttam : 34100 ref on downside
14:49 Uttam : has 0s with a 1030 buyer there
14:49 Uttam : BNF
14:49 Shai : NF with 14719 as sl soulkd tgt 14850 for close
14:50 Shai : Dips are not comg to enter positions
14:50 Shai : even though move is erratic
14:50 Shai : watch mode-
14:50 Shai : No positions
14:50 Sanjiv : Shai: any view for the next week? thanks
14:51 Shai : FA holds the cards
14:52 Shai : 14850 is s2nd sellers abv 14720
14:52 Shai : Buyers managed past 14720 today
14:52 Sanjiv : +1
14:52 Revanth : shai how is the upper/lower 30 mins level is calculated ?
14:52 Shai : TPO+ volume count
14:52 Shai : It’s complex
14:53 Yash : UG, spike?
14:53 Revanth : thanks (14:52) Shai : TPO+ volume count
14:55 Uttam : take out 34272 in BNF and could come – (14:53) Yash : UG, spike?(14:53) Yash : UG, spike?
14:55 Ankush Jain : 14792 ext handle still intact
14:55 Uttam : not for much time A looks like 😉
14:56 Sanjib : 3 PM algo guy getting ready
14:56 Yash : not able to
14:56 Uttam : pinging Baba on hotline 😉 – (14:56) Yash : not able to
14:56 Uttam : once he puts in his vols move will come
14:57 Suresh : 🙂
14:57 Uttam : 34100 invalidation for that last 30min move
14:57 MJ : 1505 algo
14:57 MJ : kya chahte ho?
14:58 Uttam : BNFffff
14:58 Uttam : 34400 came?
14:59 Yash : hat jao sab,,,,,koi bich me nai ayega ab
14:59 Uttam : je baat
14:59 Uttam : 34462?
14:59 Rajan Modi : hahaha
14:59 Ankush Jain : gone that ext handle
14:59 Uttam : usko to jaan hi tha
14:59 Sanjib : 3 PM guy again
15:00 Uttam : keep booking guys
15:00 Uttam : and trail to cost if in longs
15:00 Uttam : move has come before 3:05
15:00 MJ : two back to back classic days
15:00 Uttam : 34450 done in BNF
15:00 Uttam : easy 200 almost above that 34272 in no time
15:00 Tejaswini : +1 UG
15:00 Rajan Modi : sahi pakde ho _/\_
15:01 Yash : That one last move saved my day,
15:01 Uttam : congo Y
15:01 Yash : not a good day for me, made money in PUTS and lost in CALLS,
15:01 Uttam : 34250 now ref in BNF
15:01 Vishnu : 7 dt now
15:01 Uttam : BNF making up for the lost time
15:01 Uttam : NF taking a breather looks like
15:01 Yash : -1.5dt from -3dt thanks to last move!
15:02 MJ : 844 3 ib. Time is done for that?
15:02 MJ : 846ish i guess.
15:02 MJ : corresponds to 2nd seller that chief mentioned.
15:03 Uttam : both nee to make new highs post 3:05
15:03 Uttam : need*
15:03 Yash : NF cot is red during this up move!
15:03 Uttam : supply zone this is Yash
15:03 Uttam : BNF also was absorbing the supply at yVWAP before it gave this move
15:04 Uttam : NF making new highs 🙂
15:04 Uttam : BNF not yet
15:04 Uttam : get both in sync
15:04 Uttam : and have a nice Friday party going
15:05 Suresh : u too Uttam
15:05 Suresh : wt a nice day
15:05 Yash : Day type? Neutral x?
15:05 Uttam : we have been rising only today Y then y Neutral?
15:05 Uttam : NV up
15:06 Yash : ok
15:06 Uttam : (15:00) Uttam : keep booking guys(15:00) Uttam : and trail to cost if in longs(15:00) Uttam : move has come before 3:05
15:07 Uttam : spike not sustaining – 34462 needed to be taken out in BNF
15:08 Swapnil : Those 500 at the top
15:09 Jitender : wat a tite slap by reds 🙂
15:09 Uttam : BNF down from 34450 to 34175 in no time
15:09 MJ : Karara!
15:09 Uttam : fake move which came before 3:05 to trap
15:10 Uttam : (15:00) Uttam : keep booking guys(15:00) Uttam : and trail to cost if in longs(15:00) Uttam : move has come before 3:05(15:00) Uttam : 34450 done in BNF
15:10 Ankush Jain : NF trying to match BN
15:10 Rajan Modi : thx UG
15:10 Uttam : _/\_
15:11 Uttam : BNF going back to those 0s of 34100
15:12 Uttam : uska kaam ho gaya must have booked out in that RS at 34400
15:12 Uttam : 15:00 bar
15:12 Uttam : 10k contracts
15:12 Uttam : right at that ext handle of 34462
15:14 Yash : do we go short if 3rd trannsition bar comes in bnf?
15:14 Uttam : done – (15:11) Uttam : BNF going back to those 0s of 34100
15:15 Uttam : all BO longs being punished here
15:15 Swapnil : wow
15:16 Uttam : it was indeed a beautiful auction in BNF today 🙂
15:16 Tejaswini : UG DPOC lao ek baar in BNF
15:17 Uttam : this fall is more cos of the trapped longs T
15:17 Tejaswini : True
15:17 Uttam : but the combo of VWAP & IBH is imp ref in BNF
15:17 Uttam : 33895
15:17 Tejaswini : +1
15:17 Tejaswini : this ywap swipe on both side gave 150 points each
15:18 Uttam : BNF can whip you badly if you get caught on the wrong side
15:18 Uttam : look from 34450 it went down to 34060 and now back to 34200
15:18 Uttam : all in 15 mins
15:18 Ankush Jain : what a day it has been
15:19 Uttam : looks like wants to test that 33895?
15:19 Abhishek L : can we take puts overnight
15:19 Uttam : only beers for me A ;-p
15:19 Shai : back to 14720
15:19 Shai : that erratic auction over
15:19 Ankush Jain : Vtrenders don’t carry overnight riskd
15:19 Uttam : so both have tested the ext handles
15:19 Abhishek L : ok
15:19 Swapnil : Shai – probably that FTSE rebalance.
15:19 Uttam : Monday could be a good move Shai?
15:20 Shai : yes Swapnil
15:20 Shai : moves were in cash and F was unhappy
15:20 Uttam : 🙂
15:20 Uttam : now some selling in BNF this 5min bar
15:21 Rajiv Ohri : Shai what do you make out of the volumes in ITC spot
15:21 Ankush Jain : fast & furious
15:21 Uttam : 33895 bola tha it mistook for 33995 ;-p – (15:19) Uttam : looks like wants to test that 33895?
15:22 Uttam : that IB bar low holding in BNF
15:22 MJ : dpoc gonna move up?
15:24 Anand : teen pink anda
15:24 MJ : done
15:25 Suresh : yeh
15:25 MJ : Thank you gents (13:23) MJ : one dhi tag then dpoc close?
15:25 MJ : 😀
15:25 MJ : Have a nice weekend everyone!
15:26 Uttam : lol MJ that time day high was 14650
15:26 Sandeep Partham : Chief, Any directional indication for market next week (bull or bear)?
15:26 Uttam : we are closing at 14750
15:26 MJ : I mentioned about close 🙂 I knew you’d come back.
15:26 MJ : dpoc close.
15:26 Tejaswini : Shai few words on todays auction. swing wise are we stilll looking at 13980ish
15:27 Uttam : this dPOC had not even formed when you said that
15:27 Yash : I don;t know but Nifty red cots are too much red compare to BNF
15:27 Shai : undecided weekly close
15:27 MJ : vwap>> IBH days gotta study UG
15:27 Yash : Chief, can you guide something about it?
15:27 MJ : I have been spending a lot of time on this setup 🙂
15:27 Shai : 14973 FA still with sellers
15:27 Shai : 14474 not taken since A
15:27 Shai : we close in middle
15:28 Shai : Hope everyone had a good week of trde
15:28 Uttam : yes sir
15:28 Sag1 SAWANT : +1
15:28 Shai : Have a restful weekend
15:28 Sanjiv : yes sir
15:28 Shai : read up and spend time in the TL
15:28 Suresh : have a great weekend guys
15:28 Vishnu : ofcourse shai
15:28 Shai : Be ready for next week
15:28 Uttam : thanks All 🙂 have a awesome weekend
15:28 Uttam : lets have a super monthly expiry week
15:28 Mayur : bye all
15:28 Sanjiv : have a nice weekend
15:28 Vishnu : more than 20 dt in this week
15:29 Shai : +1
15:29 Shai : cheers
15:29 Tejaswini : yes Shai very good week of trade. Thanks
15:29 Vishnu : tnx
15:29 Shai : tc everyone
15:29 Shai : have a good weekend
15:29 Ankush Jain : not a good day but a good week anyway
15:31 Tejaswini : have a good weekend cheers guuys