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
BNF
Room Chat
08:52 Vtrender Live : (08:50) Vtrender Live: option charts – https://join.me/473-746-400
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09:26 Shai : (09:26) Shai : Update- Make an exit in the 11600 put at cmp
12:14 Shai : (12:13) Shai : Trade- Buy 30300 put of 4th april at 160- 162 sl of 110 tgt 285.
08:50 Vtrender Live : option charts – https://join.me/473-746-400
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08:55 Shai : GM all
08:56 Shai : https://vtrender.in/weekly-charts-25th-to-29th-mar-and-market-profile-analysis/
08:57 Shai : https://vtrender.in/market-profile-analysis-dated-29th-mar/
09:01 Himanshu : GM all
09:05 Jagdish : gm
09:07 Manish : gm everyone
09:08 Uttam : Good Morning All 🙂
09:09 TP : GM All.
09:12 Shai : 11732- 11755 ref lines for the open
09:12 Shai : 11680 supp
09:16 Shai : we will employ the 10 minute gap trading rule for the 11600 put option
09:17 Himanshu : boom
09:19 MJ : Good morning everyone.
09:19 Boppanna : GM all
09:19 Govind : Good morning guys!
09:21 Uttam : both seem to be drviing away from Friday’s bell but vols still not that good as needed for a drive
09:21 Uttam : 11735 & 30680 immd sup in both
09:22 Himanshu : OTD Then
09:22 Uttam : 5 min IB poc
09:24 Uttam : Nifty Spot does 1atr from Friday’s low
09:24 Uttam : multiday FA there
09:24 Uttam : 11671 if sustained spot can keep moving higher
09:24 Rahul Desai : Hi Shai….”we will employ the 10 minute gap trading rule for the 11600 put option” ????
09:25 Uttam : 10min low will be the SL for that PE Himanshu as we gapped up
09:25 Himanshu : Ok
09:26 Himanshu : Greens in BNF
09:26 Boppanna : High so far 760 d) Above 30675, BNF can move higher to 30760 & 30810-850
09:26 Boppanna : 762
09:26 Shai : Update- Make an exit in the 11600 put at cmp
09:27 Shai : it it had crossed abv 47 could have still held
09:27 Shai : but will get taken out by writers below 37
09:28 Shai : 11755 F ref
09:28 Shai : (09:12) Shai : 11732- 11755 ref lines for the open
09:28 Azmath : Shai from today no more ID trades is it
09:29 Hari : GM All
09:33 Govind : Volumes are really low
09:37 Shai : Settleing into an OAOR
09:39 Himanshu : Shai Sir- OAOR – opening XXX pls describe term if u dont mind
09:39 Govind : SHAI, so could be a big day!
09:40 MJ : Open Auction in Range.
09:40 MJ : OAIR
09:40 MJ : Open auction Out of Range – OAOR
09:40 Himanshu : Thx Mj
09:41 Shai : opp to move intra is outsides these – (09:28) Shai : (09:12) Shai : 11732- 11755 ref lines for the open
09:42 Shai : 11700 call has res at 75 – weekly
09:42 Shai : 57 a supp for now
09:44 Subhodeep : good morning all
09:45 Shubro : GM all
09:48 Govind : So Shai, we can enter 11700 CE if 75 resitance gets taken out? 09:42 Shai : 11700 call has res at 75 – weekly
09:49 Shai : yes
09:49 Govind : Ok, thanks.
09:49 Shai : selllers are not active yet
09:49 Shai : buyers would push this higher
09:52 TP : Vix sustaining at highs.
09:52 TP : Shai can you review vix levels to watch out for.
09:53 MJ : 41k seller. Combination of multipleorders.
09:54 Govind : What does that Pink Dot signify?
09:54 MJ : Seller imbalance.
09:54 Govind : In the NF 5 min chart.
09:54 Govind : Ok. Thanks MJ
09:55 Uttam : big seller there
09:55 Uttam : 51k
09:55 MJ : Multiple orders Uttam. Rotation. Maybe
09:55 MJ : ?
09:57 Govind : NIFTY max lot size is 4950 guys.
09:57 Govind : not 7500
10:01 Uttam : c) Above 11710, NF can probe higher to 11730 & 11756
10:01 Uttam : d) Above 30675, BNF can move higher to 30760 & 30810-850
10:01 Uttam : 11755 & 30762 high do far in both
10:04 Himanshu : Uttam – C Low can be good entry – ?
10:07 Uttam : C low?
10:09 Ravi : Hi Uttam what is the next level after 11756 in NF
10:10 Uttam : https://vtrender.slack.com/messages/C0JKNES2W you can chekc the daily report or the hypos channel in slack @Ravi
10:10 Ravi : All Hypos Completed Uttam Upside
10:11 Boppanna : Not yet Ravi e stiill there
10:11 Uttam : e) If 11756 is taken out, NF can climb higher to tag 11772-775 and 11795
10:11 Ravi : Sorry miised e)
10:12 Shai : 11600 pe to be sold at 34 with sl of 48 tgt 13/ 5/ 0
10:13 Shai : for only the writers
10:13 Uttam : Shai targets for 11600ce?
10:14 Shai : 11700 call intra tgt is 91 sl of 68
10:15 Shai : 181 poss on that 11600 call
10:15 Shai : 11730F now support for all long positions day
10:15 Shai : clearly abv 11755F
10:16 Uttam : thanks Shai can trail that 11600 with SL below 125?
10:18 Uttam : C side extension
10:18 Uttam : in NF
10:18 Uttam : and spot both
10:20 Shai : @everyone – The trade alerts channels have been merged and are now under #trade-alerts, which is the same as the old alerts channel. You need not make any changes
10:20 Shai : yes can-
10:21 MJ : NFut All time high is 1179x something right?
10:21 Shai : 87- (10:14) Shai : 11700 call intra tgt is 91 sl of 68
10:22 Shai : do 4 more in C else issues 🙂
10:22 Shai : nice 1 time frame higher in NF
10:22 Shai : sellers got caught off in the morning
10:22 Shai : this was expected once they failed tp show up
10:23 Shai : (09:49) Shai : selllers are not active yet(09:49) Shai : buyers would push this higher
10:23 MJ : +!
10:26 Hari : Shai, so the merging of trade alerts channel means what? Intra and posnl wil be shared in teh same channel?
10:27 Hari : There was a communication which came over weekend and it is quite confusing, can you take some examples and illustrate after market hours what does mean
10:32 Hari : @Uttam, NF ATR pls
10:33 TP : Uttam that bn marker was at 30915 ?
10:33 Uttam : nelson it is 🙂 111
10:33 Uttam : yes Tej
10:34 TP : tks.
10:34 Uttam : and you knw May BNF also had a freak tick on friday at 30965
10:34 Uttam : so RM has been busy looks like 😉
10:34 TP : 🙂
10:34 MJ : 🙂
10:35 HPandey : shai pls reset 30 min chart
10:36 Boppanna : BNF not ready for C side extension and NF did that and now testing IBH
10:37 Uttam : vols not there in BNF today
10:39 Favas : bnf chrt slow?
10:39 MJ : AZ: nf high check maadi.
10:41 Azmath : 20
10:42 MJ : We had dRS at top? AZ?
10:51 Govind : 51k seller in the previous bar.
11:04 MJ : 18k buyer in bnf.
11:04 MJ : Above bnf vwap.
11:10 Govind : Guys, are your charts slow or freeze up often?
11:10 Azmath : slower today
11:11 Govind : NF is completely frozen
11:11 Govind : and BNF
11:12 Boppanna : Charts stuck looks like
11:12 Govind : Let me log out and log back in
11:13 Boppanna : Uttam charts up ?
11:13 Govind : NOPR
11:13 Shai : charts not moving?
11:13 Govind : NOPE
11:13 Boppanna : no Shai stuck here
11:13 Azmath : no Shai. charts stuck
11:13 Govind : Option charts are working
11:14 Shai : india vix near short term res of 18
11:15 Shai : a pull back due as long as it does not cross 18
11:15 Govind : Shai, Uttam – what are your thoughts on the D period?
11:15 Shai : abv 18 flies off to 19.4 and the 21.1 this month
11:15 Govind : Trading within the Value Area?
11:16 Shai : yes D went inside and stopped the one time farem up
11:16 TP : tks chief for vix levels.
11:16 Shai : 11755 F ref zone
11:16 Shai : also vwap now
11:16 Boppanna : vwap as well
11:16 Govind : OK.
11:21 MJ : 18k bnf guy feeling the heat?
11:23 Boppanna : still within the MB BNF
11:23 MJ : Yep.
11:24 Boppanna : Looks like Uttam making a nice P in BNF if his 675 is held
11:28 Uttam : OAOR in bth so will not do much till late afternoon
11:28 Uttam : but can give a move later in the afternoon so lets be prepraed for it
11:29 Govind : Uttam, bias towards up move or down?
11:30 Jagdish : still titme ititssssss upmove
11:30 Uttam : A period singles in both Goving
11:30 Uttam : Govind*
11:31 Uttam : 10705 & 30669 prev week high can be taken as ref
11:31 Uttam : 11705*
11:31 Uttam : below 11755
11:32 Uttam : 11737-11705 mornign singles
11:32 Govind : OK, so we may test that zone again.
11:33 Govind : Thanks Uttam.
11:36 Govind : another 10k buyer
11:42 Govind : Reliance has gone up more than a percent in the last 10 mins
11:46 HPandey : shai whats that 127/90 figure in NF 11.15 bar 30 min footprint chart all about ?
11:47 TP : BNF premium up 240 now.
11:48 Uttam : that has the highest vol in that bar (POC) and has not been tagged
11:48 Uttam : @HPandey
11:48 Uttam : BNF looks like will get into beast mode later, taking rest for now
11:48 Uttam : range has been contracting plus has been in A period all day
11:50 TP : Let’s see if he get the marker today;)
11:55 Uttam : how abt 31k 😉
11:57 Uttam : Vix coming down? CEs premium going down
11:59 Govind : Uttam, charts are a tad slow today.
12:00 Govind : Reliance close to all time high
12:01 HPandey : thanks uttam (11:48) Uttam : that has the highest vol in that bar (POC) and has not been tagged
12:03 Govind : BNF just dropped
12:05 Boppanna : looks like the 18k puked in BNF
12:06 Govind : That was the guy who shorted?
12:07 Boppanna : No there was 18k green at 720 I think MJ mentioned it
12:08 Uttam : looks like that buyer out SL in the system so market went there to take it out
12:09 Uttam : -43k COT in that 5 min bar in BNF
12:09 Govind : Ok guys. Thanks.
12:09 Govind : Yeah, dropped some 80 points
12:13 MJ : Felt the heat 🙂 (11:21) MJ : 18k bnf guy feeling the heat?
12:13 Shai : Trade- Buy 30300 put of 4th april at 160- 162 sl of 110 tgt 285.
12:22 Govind : Shai, would it be possible for us to see the 30300PE chart?
12:22 Govind : I am in the trade
12:25 Shai : certainly
12:26 Govind : Thanks SHAI!
12:27 Shai : on screen
12:27 Shai : not very active that PE
12:27 Shai : but this is a technical mean revert trade setup
12:28 Shai : based on the fact that the highs of the day in BNF are already formed
12:28 Mani : thanks shai
12:28 Shai : I would anticpate 30530 F in BNF
12:28 Shai : and we will take another look at the PE there
12:29 Shai : the premiums are a bit high early in the series to make good clear judgements on option tgt prices
12:29 Govind : Ok Shai. Thanks a lot. Very helpful.
12:32 MJ : Bop Traded that 18k both sides 🙂 Now at sideline.
12:34 Govind : Nice, MJ
12:35 MJ : Thanks Govind.
12:37 Uttam : 3 tpos ast highs in NF
12:37 Uttam : 11800 coming looks like
12:37 Shai : NF is still secure for longs abv 11755F
12:37 Uttam : +1 Shai
12:37 Shai : BNF much below vwap already
12:37 Shai : hence candidate for a short
12:39 MJ : 40k fresh seller.
12:39 MJ : 44550
12:42 Uttam : BNF 10k red stuck at 30680
12:42 Uttam : 30686
12:42 Uttam : 12k green also there
12:42 MJ : 23540 seller
12:42 MJ : Ohoo
12:42 MJ : bnf.
12:43 MJ : that 5 min bar is a complex one. sellers and buyers in big nos.
12:43 MJ : COT -21k too. For bnf.
12:44 Govind : Reliance at all time highs
12:44 Uttam : dPOC at 11776 in NF
12:45 Uttam : 30 mins IB also
12:48 Shai : somthing big happening in BNF
12:48 Shai : sudden surge of vol very rare
12:49 Shai : bith sides
12:49 MJ : Shai today 3 psu’s also mearged.
12:49 MJ : bob dena and one more.
12:49 Azmath : vijaya
12:49 MJ : Yep
12:49 Siva Gunji : guys , zero print above the candle at the sellers side in order flow , doest it shows sellers are exhasted ? price will go higher from there?
12:50 Shai : yes
12:50 Subhodeep : SHAI WE ARE AT ATH NF ?
12:50 Subhodeep : pardont eh caps
12:50 Siva Gunji : ok , shai , thanks
12:50 Shai : _ active seller at 12.40
12:51 Shai : spot nifty 11760 ATH
12:51 MJ : Yes shai. Big seller in 1240 bar.
12:52 Shai : I don;t track a continuous F so current high of 11789 is a high of quarter
12:54 Subhodeep : noted shai
12:55 Govind : Charts are acting funny today Shai.
12:59 Govind : NF F 11793 is ATH
13:00 MJ : Thanks govind.
13:00 MJ : I remember 1179x not the exact value.
13:05 Uttam : yes 11793 on 31st aug
13:08 Himanshu : boom in bnf
13:09 Uttam : NF taking the poor highs higher
13:09 Govind : No volumes HImanshu
13:09 Himanshu : BNF might follow NF and tag morning highs
13:11 Shubro : Shai planning to play april fool with that 30300 PE?
13:11 Shubro : i meant BNF?
13:12 Himanshu : haha
13:12 Himanshu : I was bit nervous as short 30500PE
13:13 Shubro : now not?
13:13 Govind : That 30300PE is rising
13:14 Govind : Ok, what are the black lines in the Nifty CE chart?
13:14 Govind : Was not there before. Volume?
13:22 Shai : looks done at 90- (10:14) Shai : 11700 call intra tgt is 91 sl of 68
13:22 Shai : if in it exit full
13:23 Shai : 27 now – (10:12) Shai : 11600 pe to be sold at 34 with sl of 48 tgt 13/ 5/ 0
13:24 Uttam : thanks Shai exited that 11600ce also at 151
13:25 Shai : lol- (13:11) Shubro : Shai planning to play april fool with that 30300 PE?
13:25 Govind : Ok Shai.
13:25 Shai : we have a good setup there
13:25 Shai : in that PE
13:25 MJ : Yes chief.
13:25 Shai : it’s avtegory 2 trade but the RR is worth it
13:25 Shai : category**
13:26 MJ : What is category 2?
13:26 Shubro : categorie 2?
13:26 Shubro : probability?
13:26 Shai : yes
13:26 MJ : That 30550 mb will be sweet.
13:26 Shubro : in which order?
13:26 MJ : Outside chance types trade?
13:26 Shubro : 2 high
13:26 Shai : more of the counter momemntum variety we discussed in the workshops
13:26 Shubro : or 2 low
13:27 Shai : 1 is high
13:27 Shubro : ok
13:27 Shai : let’s stay in for now
13:27 Shai : if there is a change will update
13:35 Shai : upmove looks done in NF also
13:35 Shai : that does not mean a short yet
13:35 Shai : bears have to push below 11755
13:35 Himanshu : Shai- shall we eexit 11600 Pe short
13:36 Uttam : BNF lkooks like can give a big move in the afternoon Shai?
13:36 Uttam : still in the A period and now a bell
13:38 Uttam : BNF actual IBL seems to be at 30671
13:38 MJ : Shai can you share usdinr view for fresh series?
13:38 MJ : Thanks.
13:39 Uttam : no vols below that till 30594 whcih was that opening tick
13:41 Uttam : if we take 30671 as IBL then 1.5 IB done in BNF
13:41 Uttam : spot also has been below IBL
13:44 MJ : Price going to levels of 1240 seller.
13:45 Uttam : BNF can give a Neutral profile today
13:45 Boppanna : What you planning Uttam?
13:45 MJ : Yes. Side batao
13:45 MJ : 🙂
13:45 Uttam : 30850 / 915 / 31k 😉
13:46 MJ : aah 🙂
13:47 Uttam : but needs to get above and sustain 30700
13:48 Uttam : till then in that 30300pe
13:49 MJ : Heatseeker gives a buy.
13:50 MJ : Bot is with you too Uttam.
13:50 MJ : NF buy
13:51 MJ : ATH hit nf.
13:51 Uttam : get ATH in spot Mihir
13:52 TP : BN still in A period ….(13:45) Uttam : BNF can give a Neutral profile today
13:52 TP : if gets the marker would be NV day ?
13:53 MJ : Even I wan’t that Uttam. Spot highs as per premium gets us 11830ish.
13:53 Uttam : BNF made freak low at open of 30594 no vols there Tej
13:53 TP : ok you considering that .
13:53 Uttam : 1min low if we ignote then IBL at 30671
13:53 Govind : Falling
13:53 Uttam : Spot has been below IBL since long now
13:54 TP : yes spot in a different world.
13:54 Govind : BNF has refused to go above VWAP today
13:54 Uttam : poor lows there
13:54 MJ : premium brunting on.
13:54 Uttam : NF has not been able to tag the 1.5 IB inspite of stayiong above IBH
13:55 Uttam : can give a move down to tag that 11754
13:55 Uttam : if does not scale 11800
13:55 Govind : Ok Uttam.
13:55 MJ : Looks like.
13:56 Uttam : BN spot forming a prominent POC at IBL 30357
13:56 Uttam : 30537
13:56 Uttam : all TPOS there so far
13:57 Govind : That is the OPEN price right?
13:57 Uttam : yes it was OL whihc was broken
13:57 Govind : Yes.
13:58 Uttam : 30300pe building a HVN at 147 levels
14:00 Boppanna : 650 needs to go in BNF
14:01 Govind : Kissing the VWAP again
14:01 Himanshu : 650 IN spot you mean bop
14:01 Uttam : BNF above 30
14:01 Uttam : 30700
14:02 Shai : stops taken in that wild up
14:02 Hari : charts stuck?
14:02 Shai : Update – close the 30300 puts at 120 here
14:02 TP : yes
14:02 MJ : Aaah
14:02 Uttam : boom boom coming
14:03 Uttam : (13:45) Uttam : 30850 / 915 / 31k ;)(13:47) Uttam : but needs to get above and sustain 30700(13:48) Uttam : till then in that 30300pe
14:03 Boppanna : charts stuck?
14:03 Uttam : 20k green in BNF at top
14:03 Uttam : NF finally tags 11800
14:04 MJ : 20k got hit I guess 1240 seller.
14:04 TP : reason for spike in global F.
14:04 Himanshu : tej- BNF – boom
14:05 Uttam : (13:45) Uttam : BNF can give a Neutral profile today
14:05 Uttam : Done
14:05 Prasanth : enitre profit got wiped out
14:05 Uttam : BNF gets above IBH confirming a Neutral profile now will it give Neutral EXtreme?
14:05 Prasanth : quite a move
14:06 Shai : short covering
14:06 TP : Yes Uttam looks like NE for that marker.
14:06 Uttam : 🙂
14:06 Subhodeep : sc i a b***h as jit would say
14:06 Subhodeep : 🙂
14:06 MJ : Subhodeep lot of speculative short was seen in tape.
14:07 MJ : Clear cut.
14:07 Himanshu : missing jit
14:07 MJ : Had to get between their belt.
14:09 Uttam : BN Spot yet to confirm Neutral profile
14:09 Uttam : 30646 IBH there
14:13 TP : Kotak bank leading bn now up 30 in 5 min bar.
14:13 Uttam : (13:45) Uttam : 30850 / 915 / 31k 😉 high got stuck at that 30810 hypo for now 🙁
14:14 Hari : Shai, exit BN PE?
14:14 TP : (14:02) Shai : Update – close the 30300 puts at 120 here
14:14 MJ : (14:02) Shai : Update – close the 30300 puts at 120 here
14:14 MJ : Tp faster. 🙂
14:14 MJ : Always.
14:14 Hari : thx guys
14:15 TP : Uttam get your hotline for RM need that marker today .
14:15 Govind : 21k and 14k seller in NF
14:16 Himanshu : exited 30500 Pe- 236 -180
14:17 Hari : TP, any reason why Vix is rising
14:17 Uttam : +1 Tej, I am pinging him from long RM needsto repspond 😉
14:17 Shubro : short covering?
14:17 Shai : 212 looks doable on 30900 call
14:17 Uttam : super Shai, into that 30700ce
14:18 MJ : 700/800 me too uttam 🙂
14:19 TP : election dates getting closer …..(14:17) Hari : TP, any reason why Vix is rising
14:19 TP : 18 is the resistance.
14:19 Uttam : next thursday is the opinion poll
14:19 MJ : That election Strangle at 832.
14:19 Uttam : this thursday RBI
14:20 MJ : Shai’s May trade.
14:20 Govind : MJ, what is the election strangle?
14:20 Govind : Mneaning, what legs?
14:20 Uttam : BN spot now having poor highs at top also
14:21 Uttam : @Govind 11300ce+11000pe MAy
14:21 Uttam : entry was around 705-710
14:21 Uttam : it was put up on slack also
14:21 Govind : Oh ok.
14:21 Govind : Thanks. You guys are in?
14:22 Uttam : I was then booked at 760 and now looking to re-enter but in a different strike onve VIX gives some cool off
14:22 Govind : OK man. Can you keep us in the loop please?
14:22 Uttam : updates are there on slack
14:22 MJ : Govind it was before you entered the room 🙂
14:22 MJ : no FOMO 🙂
14:23 MJ : many more trades to come.
14:23 Govind : Haha..ok MJ
14:23 MJ : Just sharing update as few were tracking.
14:23 Govind : Also, you guys play earnings?
14:23 Subhodeep : whats that govind?
14:23 MJ : Trade stocks on results?
14:23 Uttam : https://vtrender.slack.com/archives/C0F31QRN3/p1552974052000800
14:24 Govind : I did well with strangles last quarter? Earnings season?
14:24 Govind : Ignore the question mark in the first sentence.
14:24 Subhodeep : u got to show us the ay govind do that on slack please , woul dbe happy to abosirb your findings and observations
14:24 Govind : Yes MJ
14:25 MJ : Yes. Would love to
14:25 Govind : Will do.
14:28 Shubro : pink band seller becomes buyer or vice versa?
14:29 MJ : Meaning Shubro??
14:29 MJ : Sorry for extra?
14:29 Shubro : NF 5 min band equal numbers almost on pink band
14:30 MJ : See them diagnolly.
14:30 MJ : 100050 vs 0
14:30 MJ : 10050**
14:30 MJ : diagonally** ignore typos. Butter fingers today.
14:30 Shubro : hmmmm
14:31 MJ : Once we cross above it. That should go IMO.
14:36 Shubro : whats wrong with BNF not in the mood?
14:36 MJ : Lol
14:37 Shubro : needs a blue pill
14:40 MJ : What did you do shubro? 😛
14:40 Shubro : MJ cmon man
14:40 Shubro : i said blue pill not red
14:41 MJ : I didn’t do anything 🙂
14:41 Shubro : hahaha
14:41 Shubro : allright no worries
14:41 Shubro : looks like move complete
14:42 Shubro : no Shai?
14:42 TP : 11760 spot DT bears should get active on twitter if we do not close above it 🙂
14:42 MJ : Yes
14:43 Govind : IS this a decisive move by BNF and NF?
14:43 Hari : u BNF SOB
14:43 Govind : That 30300PE is up to 147
14:43 Govind : Damn!
14:43 Shubro : darn it
14:44 Shai : This **** BNF
14:44 Govind : Haha
14:44 Shubro : neutral day or extreme now downside?
14:44 TP : chief 😉
14:44 Shai : not neutral
14:44 Shai : still NV
14:45 MJ : TSL sometimes saves you and how .
14:45 MJ : Phew
14:46 Hari : charts stuck again Sha
14:50 Shai : back up?
14:50 TP : yes
14:50 Hari : yes
14:50 Govind : Yes
14:50 Govind : Anything to carry home Shai?
14:51 Shai : will update if anything
14:52 Govind : ok thnx
14:52 Shai : BNF one more trip through MB
14:55 Govind : IS the second chart the MB chart? Yellow Strip?
14:56 Himanshu : Shai- down or up – BNF thru MB ?
14:57 Shai : went up
14:58 Shai : won;t take anything hime today
14:58 Shai : will check the open tom
14:58 MJ : 1505 move uttam?
14:58 Himanshu : Shai – can we write 30000 PE
14:59 Shai : so what you look for in the MB yellow chart is price heading out of the yellow and coming back into it at one end. If it does enter again then the trade is with a 35 point stop to the other extreme of the yellow
14:59 Govind : Got it.
14:59 Shai : when it entred at 2 pm it took our stop
14:59 Shai : went uop through the yellow
15:00 Shai : came again into yellow band and through
15:00 Govind : And what are the red and green circles?
15:00 Shai : now touched up again and down
15:00 Shai : shows buyers/ sellers i that MB
15:01 Uttam : Neutral Extreme to the downside BNF?
15:02 Hari : bankbees -ve since morning, NF went up on 65l, too many divergences today
15:02 TP : vix above 18 now
15:03 MJ : that spot future premium is another mysterty.
15:04 Shai : yes
15:04 Shai : at this rate on 23rd May, juen future would be at a 250 point premium 🙂
15:05 MJ : Lol
15:05 Uttam : 30530 coming in BNF?
15:06 Govind : That 30300PE is back to where we entered originally…
15:06 Govind : and more
15:06 MJ : DLO
15:06 Shai : BNF 🙁
15:06 MJ : 🙁
15:06 Shai : neutral now
15:06 MJ : Bnf made me a king and pauper and now a student. All in one day.
15:06 Hari : NF took my sl and turned around, you a***
15:07 Hari : 11608 test needed
15:07 Uttam : (15:01) Uttam : Neutral Extreme to the downside BNF?(15:05) Uttam : 30530 coming in BNF?
15:07 Shubro : what a b****ch BNF
15:07 Govind : NF is about to enter MB
15:07 Uttam : stops hit in both PE & CE in BNF 🙂
15:07 Raj : 3:05 PM Move
15:07 Raj : ?
15:08 Shai : 11730coming NF
15:08 Uttam : yes Shai
15:08 Uttam : 30530 here in BNF
15:08 Shai : 30520 low BNF
15:08 Shai : NE ow
15:08 Uttam : 30k COT on 30min BNF
15:09 MJ : Shai shorts if in wise to book and stay out?
15:09 Shubro : is this another btfd scenario?
15:10 Uttam : big reds in NF
15:10 Uttam : -1.5L cot in NF 30mins
15:10 Shai : NF NB trade
15:10 Shubro : NB?
15:10 Shai : 30400 puts
15:10 Uttam : MB
15:10 Shubro : oook
15:10 Shai : another 100 expected down BNF
15:10 Hari : I hereby put a curse on NF!
15:11 MJ : Shubro.
15:11 Himanshu : uttam- Open-RA in BNF ?
15:11 Uttam : NF has a probable weekly FA at top today
15:11 Himanshu : 330424
15:12 Hari : NF ATR 10:33 Uttam : nelson it is 🙂 111
15:13 Uttam : BNF FA at 30811
15:15 Hari : and the COT was -ve from morning 🙂
15:15 Uttam : BNF had also given a multi-day FA at 30408 & reversed from just below the 1atr move of that whcih was at 30817
15:15 Uttam : 30403 1 ATR from todays FA
15:15 Uttam : low so far 30430
15:17 Govind : Shai, I am in the 30400PE. Up 10% so far. Should I get out or take home?
15:17 HPandey : hari post 3pm falls are lethal?
15:17 Shai : book
15:17 Shai : was opnly for 100 points’
15:17 Shai : NE does not follow up
15:17 Shai : done- (15:08) Shai : 11730coming NF
15:18 Rajeev : What is SL & TARGET in NIFTY MB
15:18 Govind : Exited.
15:18 Shai : NF 18 sl’
15:18 Shai : tgt is low of MB
15:18 Uttam : (15:15) Uttam : 30403 1 ATR from todays FA…Done
15:19 Hari : @HPandey, give sometime for inv to buildup
15:19 Uttam : BN Spot was the first to indicate weakness
15:19 Uttam : could not get above IBH at all, just exceeded that by 2 points
15:19 Uttam : clean FA there
15:20 Uttam : in fut it was alsmost above the IBH for 25-30mins
15:21 Shubro : Shai so we look at open tomorrow to take directional call?
15:21 Shubro : or is this certain now?
15:21 Shai : yes
15:22 Shubro : allright excellent recouped that 30300 so happy
15:22 Govind : That 30300 went as high as 247. Our T was 285
15:22 HPandey : ok thanks (15:19) Hari : @HPandey, give sometime for inv to buildup
15:23 MJ : 7 min to do that in 30300.
15:23 Shai : yes Govind
15:23 Shai : that upmove remained unexplained
15:23 Govind : Amazingly Shai, the lowest it ever came was our SL
15:23 Shai : but we will catch them
15:24 Shai : can’t run away all the time
15:24 Shai : 1 – 2 can afford to lose
15:24 Shai : but we will get them and het them big
15:24 Uttam : +1 Shai
15:24 MJ : Awesome Shai.
15:24 Rahul Desai : Yeahhh
15:24 Govind : Yes Shai. What a day. Did not make much today but learned more today than the entire last week. Weekend reading helped.
15:24 Rahul Desai : Me too trying to learn bit by bit
15:24 HPandey : awesome (15:24) Shai : but we will get them and het them big
15:24 Rahul Desai : 🙂
15:26 HPandey : shai is today highs in NF qualifies as excess on daily?
15:26 Shai : small one yes
15:26 Hari : Shai, COT going in the direction of the move is good
15:26 Shai : not in BNF though
15:26 Shai : and is repsonive
15:26 HPandey : yeah
15:26 HPandey : A period singles would be solid excess?
15:26 Shai : yes Hari
15:27 Shai : yes Himanshu
15:28 Shai : if no gap down we would go back to 11780 F tom again
15:28 Himanshu : Shai- 11600 Pe we can sell again for wekly
15:28 Himanshu : came to ur initial pricc 32
15:28 Shai : can
15:28 Himanshu : exited once though
15:28 Himanshu : thx
15:29 Subhodeep : thanks for the day , have a great evening
15:29 MJ : Bye everyone
15:29 MJ : Have a nice eve
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Bye all
15:29 Govind : BYE ALL!
15:29 Shai : Have a nice evening
15:29 TP : Bye All.
15:29 HPandey : bye al
15:30 Rahul Desai : Bye everyone
15:31 Himanshu : byee
10:08 Gaurav : Shai Tata Steel can buy for 560-65?
10:08 Gaurav : April
10:22 Uttam : Shai intra targets for Maruti?
10:23 Subhodeep : shai tcs id and swing views please
10:24 MJ : Shai any sector based buying you seeing? Alert last series for psu banks was a handy one.
10:24 Uttam : TCS was an inside month in MAr so can give a good move this month Shai/Subho?
10:40 Subhodeep : looks decent to me but would want the expert view uttam
10:58 Shai : watch 539 in tatasteel today
10:58 Shai : if crosses you will get your 560
10:59 Shai : maruto 6768 stop for 6842/ 6899
10:59 Shai : 2037 swing res in tcs
10:59 Shai : 2022 intra supp
10:59 Shai : shoud trade this zoen intra
11:00 Shai : swing buy abv 2037 only
11:00 MJ : Chief Swing view for infy to watch should be?
11:01 Shai : 756 supply zone infy
11:01 Shai : swing longs abv it only
11:01 Shai : at intra supp now 749
11:01 MJ : Thanks.
11:04 Uttam : thanks Shai
11:15 Uttam : booked 50% of 7000ce in Maruti ShaI 🙂 easy 20 points in that CE
11:16 Shai : +1
11:17 MJ : Nice one uttam 🙂
11:17 Uttam : Shai has told about it being bullish on Friday also so today’s BOT alert was very handy
11:17 MJ : Yes. On core since Fri.
11:18 Uttam : made a ‘b’ profile on weekly & now above the POC so bullish start for Maruti
11:20 MJ : Thanks for the info uttam.
11:37 Subhodeep : shai auro pharma id and swing view?
11:55 Rahul Desai : Shai what is your view on BAJAJ FINSERV
12:24 Subhodeep : trade in 803 out 812…. swing and posn view on auro please shi when you have time
12:55 Shai : 795 intra supp auro
12:55 Shai : 8107/ 815 intra obj
12:55 Shai : swing supply at 817 also
12:56 Shai : 7108 intra supp bajajfinsv
12:56 Shai : 7173 intra obj done so far
12:57 Shai : 7266 higher swing res
13:20 Rahul Desai : Thanks Shai
13:59 Uttam : Maruti new boom boom Shai? new buyers here?
14:08 MJ : Uttam check slack 🙂