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
BNF
Room Chat
08:52 Vtrender Live : (08:51) Vtrender Live: March F – 30 mins – https://global.gotomeeting.com/join/880736013
(08:52) Vtrender Live: weekly NF option charts – https://join.me/348-054-547
09:29 RK : (09:28) RK : Long NF 10910 SL 10887 obj 10935
10:59 RK : (10:58) RK : make exit 10901 (09:28) RK : Long NF 10910 SL 10887 obj 10935
11:26 Shai : (11:26) Shai : Positional – Take a 50%25 position in the BNF March at 27140- 27145 sl of 26910 tgt is 27400.
15:22 Shai : (15:22) Shai : Positional – Buy 10900 put Monthly and sell 10900 put weekly for a net of 80 ( 162- 82) sl of 50 . Hold till wednesday.
08:51 Vtrender Live : March F – 30 mins – https://global.gotomeeting.com/join/880736013
08:52 Vtrender Live : weekly NF option charts – https://join.me/348-054-547
08:53 Shai : GM all
08:58 Subhodeep : gm all
08:59 Shai : The options screen would now have Nifty weekly options instead of the Monthly
08:59 Subhodeep : roll over volumes low compared to prev month adn prev to prev month rollovers?
09:04 Uttam : Good Morning All 🙂
09:07 Uttam : (08:59) Shai : The options screen would now have Nifty weekly options instead of the Monthly +1 Shai
09:07 Uttam : Shai looking at yesterday’s OF, that big fellow seems to have booked most of his positions?
09:07 Jitender : Gm Folks 🙂
09:09 RK : GM Shai and all
09:09 Amit : GM all.
09:09 Uttam : GM RK, we have a good chance of getting a multiday FA at 10850
09:10 Uttam : weekly FA also NF mar gave yesterday at 10833
09:10 Uttam : so above 10890-899 NF will remain very bullish
09:11 Uttam : weekly profile so far is a nice bell
09:11 Uttam : with poc at 10860
09:12 Manjunath : GM all 🙂
09:12 TP : GM All.
09:15 Rahul Desai : Good morning guys
09:19 Azmath : OTF not present.. dull open
09:20 Shai : BNF bullish ope
09:22 Jitender : 1 lac seller nf in 30mins
09:24 Uttam : 10945-965 coming looks lik in NF
09:25 Uttam : 10L vol in NF now
09:26 Uttam : NF a drive away from yPOC looks like?
09:28 RK : Long NF 10910 SL 10887 obj 10935
09:29 Uttam : 11.7L in first 15 mins
09:29 Uttam : NF
09:31 Himanshu : GOOD Morning all
09:31 Shubro : Shai/RK Cot on the 5 min still negative/how does this correlate to the long call ?
09:33 Shubro : is it because we are above VWAP despite negative COT?
09:37 RK : yday was NE with FA at top..and open drive in the morning above VAH with decent vols so trade is to look for drive away
09:38 Shubro : right so move away from balance RK ?
09:38 RK : longer it stays above VWAP at open can push shorts away
09:38 RK : yes
09:38 Shubro : noted RK many thanks
09:38 Himanshu : Uttam – RK – GM any view on BNF
09:39 MJ : Good morning.
09:43 RK : BNF 27060 invalidation for 27250-300
09:44 Himanshu : Ok RK thanks
09:44 MJ : 17k upside down
09:45 Rahul Desai : Hello RK …what do you mean by the term “invalidation for 27250-300” do you mean strong resistance at 27250 levels?
09:45 RK : looking for 27250-300 on this open and drive and view invalidates below 27060
09:46 Dr Prajwal : tpo suggesting a drive
09:46 Uttam : RK NF gave a FA at 10833 also yesterday
09:46 Uttam : daily plus weekly both
09:46 Rahul Desai : Ok..means it wont below 27060 right? And a strong upmove is seen on the order flow chart
09:47 RK : Rahul its not it “wont” but it “shouldn’t” go below 27060 for the above view to play.
09:48 RK : Uttam ok
09:48 Rahul Desai : Oh ok…Thanks RK… 🙂 How dumb I am…
09:48 Dr Prajwal : but this kind of days can hold till 3.15??
09:49 RK : if we get 27180 by IB in BNF that asserts strength for the day
09:49 MJ : Rahul a better term for sl.
09:49 MJ : Invalidation is context driven.
09:49 Dr Prajwal : ok
09:49 Rahul Desai : I got you…thanks
09:49 RK : SL is a definite number invalidation means treat that as zone and watch auction with OF around that invalidation zone
09:50 MJ : if it goes to 27055 instead of 060 and reverses. It is still good to go to the objective. As rk said. watch OF over there.
09:50 Uttam : that red below vwap in NF getting out?
09:50 Uttam : 17k red
09:51 Uttam : noe 11k green
09:51 Uttam : now
09:51 Uttam : another 7k in prev bar at top
09:51 MJ : Uttam there is 17250 17250 two orders of red in 0925 bar and 0940 bar.
09:51 Uttam : both getting out Mihir looks like
09:51 MJ : One is in pressure.
09:52 Uttam : prev bar also has 11k green 7 k greem
09:52 MJ : Yep above 917 we see all of them out.
09:52 Boppanna : GM all 27200 BNF atleast withing IB
09:52 MJ : 31k seller bnf
09:52 Uttam : we are moving away from balance here
09:53 Uttam : mix of orders in BNf? lots of 0s abovei t
09:53 RK : drive fading and vwap gone flat..may be one more high in NF and then balance
09:53 MJ : +1 rk.
09:53 Azmath : No Vols RK
09:55 RK : vol not bad but if no improvement in vols then yes grind
09:55 RK : but yes not good enough for a trend
09:55 Azmath : ok
09:55 Azmath : Vix > 16 hence had doubt about drive vols RK
09:56 MJ : Riding with 32k reds. Lets see.
10:01 Shai : This Mornth should trend look to be a buyer of an option than a seller if long term
10:01 Uttam : +1 Shai
10:01 Shai : specific to the move of this month if that note from SEBI of the OTM calls and puts
10:02 Shai : There is 8500 call and 14000 put expiring March
10:02 Shai : the rest should also be closed in March
10:02 Uttam : NF breaking VWAP and vols getting dead
10:02 Shai : the net amount to my calculation is about 1500 CR which needs to be put up in cash for those positions
10:03 Uttam : just 3L so far in NF on this 30min bar
10:03 Jitender : (09:22) Jitender : 1 lac seller nf in 30mins
10:03 MJ : +1 j
10:03 Jitender : & ten MJ came with 31k in bnf
10:03 Jitender : 🙂
10:04 Subhodeep : +1J
10:04 Shai : BNF secure intra at highs
10:04 Shai : trip to vwap due BNF
10:05 Jitender : C cud b interestn
10:05 Shai : 10913 is the one lakh selelr
10:05 Shai : 10860 our old buyer
10:06 Shai : 26985F is the roillover volume of BNF March
10:06 Uttam : yes Shai and that 10860 needs to close as a vPOC today for bulls to be in control
10:07 Jitender : no shrts abv 914 in nf
10:07 Uttam : then lets take it out Jit 😉
10:08 Jitender : 🙂
10:08 Uttam : BNF Mar also stalling at that 27170 Jit 🙂
10:09 Uttam : prev week’s high in
10:09 Jitender : yh..27070,27130 & 27170…golden in feb last 2 weeks
10:11 MJ : One more attempt to go below 10900.
10:22 Psandeep : Any estimation on how much VIX can fall down today ? Aleready down more than 10%
10:22 Psandeep : *Already
10:22 Jitender : wish i was at wagah brder today….wud be an electric atmosphere tere
10:23 Himanshu : yea Jit W, cdr will be at Indian Embassy by 2
10:23 Uttam : oh yes Jit 🙂 got goosebumps when watched that movie Bajrangi Bhaijaan and imagine a real life acene like that
10:24 Himanshu : let see impact on market mood once news breaks out
10:24 Jitender : Himanshu..seperte the 2
10:25 Himanshu : OK,,
10:25 Uttam : yep
10:25 Shai : wagah allowed before 4pm?
10:26 Himanshu : One you tube video was running today that we did another strike previous night
10:26 Jitender : public wud b tere …
10:26 Jitender : though if u can take it in rite spirit…international media has put lot of articles claiming tat tere was no damage in our air strike
10:26 Jitender : n it was for posturing only
10:26 Shubro : Jit says in paper today that last evenings conference they didnt confirm number of kills
10:27 Himanshu : I belive post retrun of ouy wing cdr, PM will put condition of handing over – Masood
10:27 Shubro : wonder where the 300 figure came from
10:27 Himanshu : etc- yesterday Jama- Islami was banned
10:27 Himanshu : few more orgn in J & K will be banned based on investigation by NIA
10:27 Jitender : see Abhi’s WA video was viral in an hour…due to think if mass casulities were tere…visuals wont hv come ?
10:28 Jitender : Himanshu…yes it v good..its all happen…m talkn abt sumthn else
10:28 Himanshu : BBC reporters were not taken to site just away from there
10:28 Shubro : exactly if visuals of W. Cmdr. getting beaten up possible then sumthing from the surgery?
10:29 Uttam : lots of reds in NF in this vwap break
10:29 Uttam : -50k COT
10:29 Himanshu : meanwhile NF below – 10900 and red
10:29 Himanshu : i think we shld stick to market talks please 🙂
10:29 Shubro : i think the economic news will take over soon, growth stalled etc.
10:30 Himanshu : Good Morning Pandeyji
10:30 Himanshu : gm new himanshu
10:30 Himanshu : hahah
10:30 Himanshu : 🙂
10:30 MJ : Guys sort your ID’s
10:30 Himanshu : yesterday i could spot you on twitter on JIts tweet
10:30 MJ : Creates lot of confusion.
10:31 Himanshu : how mihir?
10:31 Himanshu : we both loves our name
10:31 Uttam : have a number against your name
10:31 Uttam : 1&2
10:31 MJ : Not about the name.
10:31 MJ : It is about the room.
10:31 Uttam : depending on who joined VT first & who later 🙂
10:31 Himanshu : shai please help in sorting our name
10:31 MJ : And the transcriots.
10:31 Himanshu : BTW way – Pandeyji is good nick name
10:32 MJ : Transcripts*
10:32 Himanshu : AAp log jo decide karein agree
10:32 Himanshu : how uttam ?(10:31) Uttam : have a number against your name
10:32 Uttam : Himanshu1
10:32 Uttam : Himanshu2
10:32 Jitender : Dabaang n famous (10:31) Himanshu : BTW way – Pandeyji is good nick name
10:33 Himanshu : yes
10:33 Himanshu : aree how to add
10:33 Uttam : so you get to keep your names & we will be able to differentiate also
10:33 Himanshu : so once Pandeyji citi bajayen
10:33 Himanshu : i dont have ny problem :)(10:32) Jitender : Dabaang n famous (10:31) Himanshu : BTW way – Pandeyji is good nick name
10:33 Uttam : DM Shai on that & he will have it done
10:33 Himanshu : to hum taiyar
10:33 MJ : Yes he had asked earlier too.
10:33 Subhodeep : @jit the one we carried out on balakot?
10:33 Jitender : who wud..with Sonakshi in tow 🙂 (10:33) Himanshu : i dont have ny problem :)(10:32) Jitender : Dabaang n famous (10:31) Himanshu : BTW way – Pandeyji is good nick name
10:33 Uttam : NF getting back into the wekly balance
10:33 Uttam : 10896-10860-10836
10:34 Himanshu : loll :)(10:33) Jitender : who wud..with Sonakshi in tow 🙂 (10:33) Himanshu : i dont have ny problem :)(10:32) Jitender : Dabaang n famous (10:31) Himanshu : BTW way – Pandeyji is good nick name
10:34 Uttam : needs to reject from here else 10860 could come
10:34 Jitender : yes Shubh
10:34 Jitender : Shubho
10:35 Uttam : morning green box here in NF & looks like they still there
10:35 Uttam : forming another green box on 30mins
10:36 MJ : 892 to watch.
10:36 Uttam : Mihir what you doing to BNF?
10:36 Uttam : stuck in 20points?
10:36 Uttam : inspite of that 33k guy?
10:36 Miyajan : Vtrender has a lot of rsources to make one an ace trader,which we all aspire to be,our primary objective,but there are other more important things which goes in the making of a successful trader and that is discipline,right temperament,very good control of emotions, my humble request to all here please lets avoid all negativity and stay rational at all times,avoid getting embroiled in politics
10:37 MJ : Uttam reduced size and risk 🙂
10:37 MJ : +100000 Miyajan.
10:37 Uttam : (10:33) Uttam : NF getting back into the wekly balance(10:33) Uttam : 10896-10860-10836(10:34) Uttam : needs to reject from here else 10860 could come
10:37 MJ : If we need to there are random channels on slack for it.
10:38 MJ : 890 has trampoline Uttam.
10:38 Uttam : sustaining below 10896 will trigger 80% rule downside Mihir
10:39 MJ : @Rahul Desai you there?
10:40 MJ : Check that folder icon on right bottom of the screen. It has quite a few resources for you to pick up more on MP.
10:40 Uttam : the entire C period BNF has been in a 20 point range
10:41 Uttam : 27153-27132
10:41 Uttam : range expansion coming?
10:41 Uttam : or we continue to form a ‘p”
10:42 MJ : I will be happy with P
10:42 MJ : Get me vwap uttam once.
10:42 Uttam : it is at vwap only na Mihir?
10:42 MJ : 27121
10:42 Uttam : 27137
10:43 MJ : Okay get me 27120 and not vwap.
10:43 Uttam : lol not in my hands buddy
10:43 Uttam : PLR though up in both
10:43 Uttam : as we got A period singles with a move away from prev value
10:44 Uttam : reds coming in NF at vwap
10:44 MJ : Yes PLR is up. Sl is defined. watching 🙂
10:44 Uttam : BNF getting above C?
10:45 Uttam : Jit you wanted C to show the way & I suppose by being an inside bar it has givena good hint
10:45 Uttam : did not want a D side extension up to spoil the up move
10:46 Uttam : C side ext I meant
10:46 Jitender : yup
10:46 Uttam : Mihir got his guys in BNf
10:46 Uttam : 27152.9 high so far
10:47 MJ : 17k wawa.
10:47 Uttam : 33k ka SL
10:48 MJ : upside down.
10:48 Uttam : that 33k you mean got upside down>
10:48 MJ : Yes.
10:49 MJ : New demand needs to be built.
10:49 Uttam : what is NF waiting for now?
10:49 MJ : still.
10:49 MJ : NF is in TGIF mode.
10:49 Amit : 🙂
10:49 Shubro : is there any announcement today?
10:50 Shubro : economic or otherwise?
10:50 Himanshu : Maruti Poor numbers
10:50 Jitender : none
10:51 Jitender : mon is a holiday
10:51 Himanshu : 37% _ve on yoy
10:51 Azmath : Yesterday GDP nos announced
10:51 Himanshu : Wagon R- ciaz – down by 36%
10:51 Shubro : which werent good.
10:51 Shubro : so no trigger except for some punting
10:51 Jitender : inspite of excel sheet
10:52 Jitender : MJ..wanna trap 18k ?
10:52 Himanshu : Nifty Auto Index – giving up gains
10:52 MJ : Irade toh hai. Support chaiye.
10:52 MJ : aapka.
10:52 Jitender : k
10:53 MJ : One of those days where obj and sl doesn’t hit sooner.
10:53 Shai : 18k could be the 23k selll coming out
10:53 Boppanna : Uttam’s BNF hypos missing in report No wonder BNF taking its time to decide 🙂
10:53 Jitender : k
10:54 MJ : Bopp 🙂
10:54 Jitender : good spot BoP…bots didnt have nythn to work upon 🙂
10:54 MJ : No wonder.
10:54 Shubro : lol great one bops
10:54 Boppanna : I made a request for 27200 within IB but it stalled right at my request with the 33k red
10:54 MJ : Yeah.
10:55 MJ : Bopp today is your day. What are you saying next? 🙂
10:55 MJ : Bots taking words of bopp as trigger.
10:56 Boppanna : As long as 150 holds in 27000pe bears are ok as long as 120 holds bulls are fine IMO
10:56 Boppanna : 120 inBNF I meant
10:56 RK : Nf showing signs of P but BNF may want more
10:57 Boppanna : so indecisive
10:57 MJ : Reminds me of Pink floyd lyrics: We’re just two lost souls. Swimming in a fish bowl
10:57 RK : yes..If BNF makes any quick dump to 27090 then would join the mood of NF
10:57 Himanshu : BNF spot tryin to touch 27000
10:58 RK : make exit 10901 (09:28) RK : Long NF 10910 SL 10887 obj 10935
10:58 Subhodeep : @jit shivratri holiday?
10:59 Jitender : ys
10:59 MJ : Chalo jit. 27090 ki aur.
11:00 Himanshu : BNF spot under 27k
11:00 Jitender : abhi’s parents cheered n clapped in the flight tey boarded….+100
11:01 Himanshu : think GDP nos and Maruti results also added fuel to fire
11:01 Himanshu : 24k in nf stops?
11:01 MJ : +1 Az (09:19) Azmath : OTF not present.. dull open
11:01 Azmath : 🙂
11:01 MJ : Tale of upside down guys. 24225 again at the wrong side in nf.
11:03 Himanshu : Ashok Ley – results flat – no growth
11:04 Uttam : 10900ce getting green bands here
11:05 Shubro : Uttam 80% rule now on?
11:06 Uttam : yes Shubro staying below 10896 on for 10860 have one hvn at 10878 though
11:06 Shubro : Uttam how are you identifying the hvn?
11:07 Uttam : so Monday is a holiday so one less day for weekly options
11:07 Azmath : (15:26) Uttam : yes RK so open below 10850 means we can tag Feb NF lows of today(15:26) RK : yes new leg RK, Uttam will this be valid below 10850.. start of new leg ?
11:07 Jitender : march has 2 holidays
11:07 Uttam : it was yesterday’s POC Shubro before we got some big vols at close at 10860 where the dPOC eventually shifted
11:08 MJ : Mini Axe profile in bnf.
11:08 Uttam : you can also check the 30min OF charts & can see good vols there
11:08 TP : vix down 10% , tue open with low vix means even ITM options will be loosing value …..(11:07) Uttam : so Monday is a holiday so one less day for weekly options
11:09 Uttam : @Azmath yes we have a FA at 10833 & a multiday FA at 10850 so below it NF can give a trending move lower
11:09 Uttam : so options writers will be going for the kill but will need to be careful as we could even trend in the coming week
11:10 RK : yes (11:07) Azmath : (15:26) Uttam : yes RK so open below 10850 means we can tag Feb NF lows of today(15:26) RK : yes new legRK, Uttam will this be valid below 10850.. start of new leg ?
11:10 Shubro : is anyone here carrying any positionals?
11:10 Uttam : 10900ce plan to carry if 10860 is not taken out today Shubro
11:11 Shubro : right
11:11 Shubro : thanks Uttam
11:12 MJ : In my observation a strong entry for swing from RO point is 100 pt buffer. Till then you can scale in and then take enteries.
11:12 Uttam : (10:53) Boppanna : Uttam’s BNF hypos missing in report No wonder BNF taking its time to decide :)…sorry guys had to refer MArch BNF charts for levels & could not finish them in time
11:13 MJ : Keep one Eye on OF for big players at prev references and plan your trade along.
11:13 Uttam : and now live market started so will post the hypos from Monday/Tuesday
11:13 MJ : Uttam sorry mat bolo aap 🙂 /\
11:13 Jitender : invalidation Rk ? (11:10) RK : yes (11:07) Azmath : (15:26) Uttam : yes RK so open below 10850 means we can tag Feb NF lows of today(15:26) RK : yes new legRK, Uttam will this be valid below 10850.. start of new leg ?
11:13 Uttam : RK’s intra SL still not taken out in NF
11:13 Jitender : inavalidation lvl ?
11:14 Uttam : Jit that view was if we opened gap down then invalidation would have been 10899
11:14 Uttam : whihc would have become a multiday FA
11:14 Jitender : k..tx
11:16 Jitender : A-B, in both had good vols, n yet we stalled
11:16 MJ : Earthquake in mumbai.
11:16 MJ : Anyone else felt it?
11:17 Uttam : B was low I guess Jit?
11:17 Jitender : china cancells all fights over pak
11:17 Jitender : compared to yday Uttam
11:18 Jitender : avg u wud know bettr tamn me 🙂
11:18 MJ : My trading desk was rattling man.
11:18 MJ : Fuck!
11:18 Uttam : oh ok Jit
11:18 MJ : Sorry for the F.
11:18 Jitender : MJ…not here man
11:18 Uttam : Mihir it must be because of the number of trades you do man 🙂
11:18 Jitender : close the terminal first
11:18 Jayesh : No MJ..not in Thane
11:18 Jayesh : Agree with Uttam 🙂
11:19 MJ : haha!
11:19 Uttam : greens in NF at VWAP comes
11:20 Uttam : that 24k red liquidated?
11:20 Uttam : COT in that bar 23400
11:20 Uttam : BNF seems to be wanting to escape from Mihir’s clutches
11:21 MJ : @jayesh check twitter 🙂
11:21 Uttam : all 5 TPOS so far there from 27130-27150
11:21 MJ : There was a mild tremor.
11:21 Jayesh : Yes saw that
11:21 Uttam : lol Mihir you dont need to check twitter to feel a erathquake man 🙂
11:21 MJ : Validation Uttam.
11:22 Uttam : you felt it means there was one
11:22 Uttam : unless you are also in TGIF mode 😉
11:22 MJ : Lol. No spirits for me to be in tgif 🙂
11:22 MJ : Back to bnf. Yeah please take her above 165.
11:22 Jitender : leyo..he does it without spirits 🙂
11:22 Uttam : we all need to be in high spirits man all the time 🙂
11:23 MJ : lelo dono.
11:23 MJ : 😛
11:23 Jitender : chck the staff in the off man..mayb source of the quake
11:23 Uttam : ab kya karen, merket nahi de raha to tum hi dedo ;-p
11:23 Jitender : 🙂
11:23 Miyajan : no tremors here in Dadar MJ
11:24 Uttam : looks like Axis wants to take BNF up?
11:25 RK : 10915 and obj 10680/10650 (11:13) Jitender : invalidation Rk ? (11:10) RK : yes (11:07) Azmath : (15:26) Uttam : yes RK so open below 10850 means we can tag Feb NF lows of today(15:26) RK : yes new legRK, Uttam will this be valid below 10850.. start of new leg ?
11:26 Shubro : RK P formation in both?
11:26 RK : yes..better E goes above D
11:26 Shai : Positional – Take a 50% position in the BNF March at 27140- 27145 sl of 26910 tgt is 27400.
11:26 Jitender : tx Rk
11:28 Uttam : BNF was waiting for Shai 🙂
11:32 Shubro : cmon lets do a sukhoi cobra with BNF
11:32 Amit : that would be nice 🙂
11:34 MJ : bnf nf in different mission.
11:35 Shubro : NF flying helicpoter today
11:35 Shubro : looks like a J period wait I suppose again
11:36 Azmath : I and J
11:39 Uttam : NF has 6 mins to get the 6 points
11:43 Shubro : oh bugger
11:43 MJ : Chalo chalo
11:45 Shubro : poor lows poor hights in both Uttam?
11:45 Shubro : first half
11:45 MJ : Jit is that your 18k exiting here?
11:46 Himanshu : Azmath – J & I period you r expecting break out or – test of op-Ra
11:47 Azmath : Yes
11:48 Azmath : Uttam A period singles.. whre no volume is there can we consider them as bad tick
11:48 MJ : below 888 we get 862.
11:50 Uttam : yes Azmath 10885 is the IBL if we ignore the first min low
11:53 Shubro : RK NF and BNF out of sync right?
11:54 RK : yes
11:54 Azmath : Ty Uttam
11:55 RK : Nf yet to show its hand whether P or silent OTF down now
11:55 RK : once broke VWAP all rise failed to scale dPOC/vwap
11:55 Shubro : right
11:56 RK : no edge now
11:56 Uttam : volumes pretty low RK
11:56 Uttam : ?
11:56 RK : yes drained..no improvement
11:56 RK : Azmath was right
11:56 MJ : AZ is otf spotter.
11:57 Uttam : +1 He knew it right ast open 🙂
11:57 Uttam : at*
11:57 MJ : Can wake him in sleep and also figure if any instrument has OTF or not.
11:57 MJ : gifted.
11:57 Shubro : +1 Azmath
11:57 Jitender : Az start contributing here more often now
11:58 MJ : Jit
11:58 Azmath : All learnt here MJ.. Shai, RK, Jit _/\_
11:58 MJ : I have been behind him.
11:58 Jitender : u been christened a VT knight now +1
11:58 Jitender : gd M
11:58 MJ : He needs to be more on the chat.
11:58 MJ : Without him, i’d never know of mp or shai or all of you.
12:00 Azmath : _/\_.. MJ its ur hardwork bro..
12:03 Uttam : keep rocking guys 🙂 we are all on for another here
12:03 RK : NF came to take that stop as a regular ritual
12:04 Azmath : Thank you Jit
12:04 RK : Hope it could now do day high
12:05 Uttam : +1 RK
12:05 Jitender : M..tv confirms earthquake i palghar
12:06 MJ : Yes J.
12:06 MJ : 1114
12:06 MJ : 4.4
12:06 KK : 10900 weekly PE is not moving much
12:06 Himanshu : I missed something so we have OF
12:11 Shai : palghar?
12:12 MJ : Yes shai. 4.4 scale.
12:12 Jitender : 87 kms of mumbai
12:12 Shai : yeah did not feel anything here
12:13 Shai : you MJ?
12:13 Jayesh : for last 6 months continuous such small tremors happening in Palghar..
12:13 MJ : Yes shai green tea started stirring. So did the keys.
12:13 Shai : yes Jayesh
12:14 MJ : Yep Jayesh.
12:19 Azmath : IBL acting as resis
12:20 Azmath : *dval
12:28 Shubro : RK time to short NF?
12:29 RK : not ideal for any trade
12:29 Shubro : ok
12:30 MJ : Watch for some clue S.
12:30 Shubro : what should I be looking for ? larger sell orders below 884?
12:32 Shubro : RK you had mentioned invalidation at 869 right?
12:32 RK : no
12:32 Shubro : ok my bad
12:32 RK : mentioned for BNF 27060
12:32 Shubro : ah right thx
12:33 RK : Nf once back below yday FA longs edge gone
12:33 Shubro : ok thx
12:35 Shai : that 1L player in A would make POC shift difficult on these vols
12:35 Shai : can only ahift if another 1L player comes
12:35 MJ : So DLO and 1L OF greens is my anticipation.
12:37 Shai : 10879 and 10866 would be points to watch for that OF
12:37 Jitender : bookn morn trades at 882/27120
12:38 Jitender : half a loaf better than no bread
12:38 MJ : You short at that 31k spotting?
12:38 Jitender : 18k trap…n 1lac nf
12:38 MJ : nice.
12:39 MJ : Almost same trades.
12:39 Shai : BNF – tpo is all in at 27130 now
12:39 Jitender : +1
12:39 Shai : unlikely to move
12:39 Uttam : NF now making a bell from a ‘p’
12:39 Uttam : 10881 low so far
12:39 MJ : I am all out too Jit.
12:40 MJ : 3 hours in 2 trades. Phew.
12:40 Uttam : (11:06) Uttam : yes Shubro staying below 10896 on for 10860 have one hvn at 10878 though
12:43 Imran : (12:39) Shai : BNF – tpo is all in at 27130 now — what does this indicate??
12:47 Shai : @Imran it means no intra day opp in BNF
12:47 Shai : price has low prob to move
12:50 MJ : Done. (10:59) MJ : Chalo jit. 27090 ki aur.
12:50 MJ : Though I am out.
12:50 MJ : 20k and 10k on wrong side again?
12:50 Jitender : oh..20k sell in bnf..being trapped ?
12:51 Jitender : 🙂
12:51 MJ : This day so far. (11:01) MJ : Tale of upside down guys.
12:51 Amit : was it your sell order Jit ? 🙂
12:52 Jitender : nope…
12:56 MJ : Rising on low fuel. 33750.
12:56 Shai : low mostl likely in
12:56 MJ : Aye chief.
12:56 Jitender : bnf has strong contra fuel
12:56 MJ : Lol Jit.
12:57 Jitender : Amen (12:56) Shai : low mostl likely in
12:57 MJ : Got positionals
12:57 MJ : Shai call.
12:57 Shai : 10870 – (12:37) Shai : 10879 and 10866 would be points to watch for that OF
12:57 MJ : We will refuel on the way. 🙂
12:57 Shubro : awesome Shai
12:57 MJ : nice one shai.
12:58 Uttam : NF wants to leave a FA at 10870?
12:58 MJ : I was expecting greens at dlo. But more qty.
13:04 Uttam : ‘I’ period needs to stop the OTF down for a bell close
13:14 Shai : Cash basket buying in PSU banks today
13:14 Shai : today’s low ha simp in BNF
13:14 Shai : has to mange through a volatile mad friday afternoon
13:16 Subhodeep : bias still up shai?
13:17 Subhodeep : nf and bnf ?
13:18 Dr Prajwal : shai can you refresh the charts please??
13:18 Himanshu : Ms Swaraj addressing OIc meeting – Pak refused to attend –
13:18 Uttam : (13:04) Uttam : ‘I’ period needs to stop the OTF down for a bell close…happened
13:21 Uttam : NF needs to get back above 10892
13:21 Uttam : dVAL
13:22 Uttam : that 13k freen at top stalled this move up in NF
13:24 MJ : Yeah man.
13:24 Shubro : J period action now?
13:24 Boppanna : +1 Should be able to get a tradeable move post I
13:30 Azmath : LoL only one or 2 lots getting printed
13:30 Vijai : where do we find HVN in this chart?
13:30 Azmath : might cause liquidity issue
13:30 Shubro : yeah amazing
13:40 Uttam : (13:21) Uttam : NF needs to get back above 10892(13:21) Uttam : dVAL NF got rejected from dVAL and now looking at a range ext lower?
13:40 Uttam : 10860 & 10836-833 could come
13:41 Uttam : 10870 needs to go berfore this bar closes in the next 3 mins though
13:41 Boppanna : 3 more min Uttam I holding on lows
13:41 Boppanna : 🙂
13:41 Uttam : 🙂
13:41 Shubro : Bops you long?
13:42 Boppanna : no sidelines
13:42 Shubro : wookay
13:42 Boppanna : wating for I to end
13:42 Uttam : dPOC shifting lower in NF to 10890?
13:43 Boppanna : I J gets back sustains above 880 then plan is to go long
13:43 Boppanna : *if J
13:43 Shubro : yep okay
13:44 Uttam : NF gets above 10895 in the afternoon then can play for a long
13:44 Boppanna : +1 safer entry
13:45 Shubro : going south
13:45 Uttam : NF doing 80% in yestedays Value
13:46 Jitender : its still nt a shrt here
13:46 Shubro : right Jit no positions
13:46 Jitender : below DL mayb
13:46 Jitender : spx +12
13:46 Jitender : +11
13:47 Uttam : NF can do one trip to 10890 & what happens there could signal the closing move
13:55 Natarajan : COt means commitment of traders? what is its importance
13:55 Shubro : slooooow day
13:55 Uttam : yesterday’s hangover
13:56 Shubro : agressive buyers or sellers net
13:56 Uttam : Natarajan COT is the difference between the big buy orders & big sell orders
13:58 Shubro : neutral day looks like
13:58 Shubro : man beat dval NF
13:59 Jitender : finally..sum algo woke up
13:59 Shubro : shabaash
14:00 Uttam : (13:47) Uttam : NF can do one trip to 10890 & what happens there could signal the closing move
14:00 Jitender : bingo (13:46) Jitender : its still nt a shrt here
14:00 Shubro : drumroll
14:00 Natarajan : thanks uttam
14:01 Shubro : now NF can please stand up
14:02 Shubro : vwap behaving like bouncer wont let entry to the long club
14:02 Dr Prajwal : charts not seen
14:02 Uttam : 15k green there
14:02 Uttam : please refresh once Dr. charts working fine here
14:02 Jitender : 13k green at 27153
14:02 Uttam : ledge in BBF
14:02 Uttam : BNF
14:03 Shubro : Jit BNF upar jayega?
14:03 Jitender : has to sustain tis idiot at 27153
14:04 Jitender : booked all
14:04 Jitender : will reenter
14:04 Jitender : ltr
14:08 Shubro : fatigue setting in looks like
14:08 Jitender : stopped tere (14:00) Uttam : (13:47) Uttam : NF can do one trip to 10890 & what happens there could signal the closing move
14:08 Boppanna : Did 100m dash above 880 and stalled at Uttams vwap line 13:43 Boppanna : I J gets back sustains above 880 then plan is to go long
14:09 Jitender : below 27120..now greens will b in danger
14:14 RK : ok leaving early..will catch up next week
14:14 Shubro : good weekend RK
14:15 Boppanna : bye RK have nice long weekend
14:15 Imran : enjoy ur weekend RK
14:15 Imran : vl be waiting for ur tweets though
14:15 Imran : is monday a holiday
14:15 Shubro : yep
14:15 Himanshu : Good Week end – RK longer one
14:16 Jitender : beatn retreat ceremony cancelled at wagah brdr
14:16 Shubro : Shai looooong tpo in BNF? translates to strong acceptance here?
14:16 Shubro : eh how come Jit
14:16 Jitender : media blackout tere
14:16 Jitender : abhi coming
14:16 Shubro : ohhhhhh
14:16 Shubro : thought he was in already ?
14:17 Jitender : nope
14:17 Jitender : by 4.30-5
14:17 Shubro : cmon dont tell me they bringing an air hero by road
14:17 Jitender : ys
14:17 Jitender : islamabad-lahore-wagah
14:18 Shubro : i read he was bloody shot as well in the leg by a local C player
14:18 Jitender : yh
14:18 Shubro : being shot and managed to talk with such equainimity God Bless
14:18 Jitender : no he was nt hit
14:18 Shubro : bollocks of steel
14:19 MJ : NF Come on. 1430 is here.
14:19 MJ : Go above your vwap.
14:19 MJ : Get OP+RA
14:19 Jayesh : Bring it Mihir
14:20 Shai : dpoc move lower
14:21 MJ : After almost entire day Shai. 🙂 Says how this auction was.
14:21 Shai : confirms one part of the move done off the lows
14:21 MJ : +1
14:21 Shai : second auction to begin
14:21 MJ : 1430 time.
14:21 Shai : Normal day today
14:21 Shai : so reversion to mean was also the same setup
14:22 Shubro : so the positional valid still right?
14:22 Shai : (12:39) Shai : BNF – tpo is all in at 27130 now(12:39) Shai : unlikely to move
14:22 Shai : sometimes emotional capital is more imp than the financial capital 🙂
14:22 MJ : Nuances of AMT.
14:22 Shai : that’s why Market Profile
14:23 MJ : True shai truee.
14:25 MJ : Come on!
14:25 Boppanna : +15 SPX
14:25 MJ : 10932pahije!
14:26 MJ : @Miyajan. Good to know you are from Bombay.
14:27 Miyajan : aamchi Mumbai)
14:27 MJ : Dadar Bandra close by.
14:29 Subhodeep : tamo might sell off jlr
14:29 Subhodeep : some talk on zee
14:29 Uttam : greens galore in NF
14:29 Uttam : shorts squeeze
14:29 Uttam : 63600 COT
14:31 Uttam : ney hihg in BNF but again with 0s
14:32 Boppanna : Soeone needs to push that 27000pe below 150
14:35 MJ : AZ still on ping pong?
14:35 Azmath : yes sir
14:35 Himanshu : Uttam – any suggetion for overnight position in BNF
14:36 Himanshu : can short put – for longer week end
14:36 Azmath : Positional Long Himanshu.. Shai has already given na
14:36 Uttam : Shai has given positional long in it Himanshu 🙂
14:36 Uttam : he also mentioned there has been huge buying in PSU banks
14:36 Himanshu : k let me check is here
14:36 Himanshu : yes
14:36 Uttam : NF getting ready for a spike?
14:37 MJ : Uttam. I love you ok?
14:37 MJ : 🙂
14:37 Himanshu : ok,, covered 26700/26800 PEs at 2.3
14:37 Amit : we are ready uttam, lets get it
14:38 Uttam : post 2:45 official time for spike to start 🙂
14:38 Subhodeep : bias still up ?(13:16) Subhodeep : bias still up shai?
14:38 Uttam : 10860 NF did not get tagged
14:38 MJ : Kursi ki peti bandh dijye.
14:38 Himanshu : haha
14:38 Uttam : was telling in the morning that if left as a vPOC then bullish
14:40 Amit : we need that sukhoi cobra, its due since morning
14:41 Subhodeep : on the options chart 10900 ce looks decent if it manages to cross vwap??
14:41 MJ : ayega amit
14:41 MJ : apna time aayega booking ka.
14:41 MJ : Keep calm and trust AMT.
14:41 Amit : yes MJ, waiting 🙂
14:41 Uttam : Amit ke naam mein hi AMT hai 😉
14:41 MJ : I knew you’d pick that Uttam.
14:42 Amit : 🙂
14:42 MJ : You must give a shot at one of the open mic at BLR.
14:42 Uttam : even in mine though its ulta 😉
14:42 Uttam : jumbled up
14:42 MJ : That 26k in bnf is holding all of us.
14:43 MJ : Same happened in the morning with another order of similar size.
14:43 Subhodeep : new highs now?
14:43 Uttam : NF….
14:44 Boppanna : 13:43 Boppanna : I J gets back sustains above 880 then plan is to go long
14:44 MJ : Bopp 🙂 nice one.
14:44 Uttam : day COT in NF from -3.5L now down to -1.5L
14:45 Uttam : sothis move up is more because of shorts getting out
14:46 Miyajan : one poor ref of today repaired let’s see if nf goes for the other one at 872 or carries it forward to next week
14:47 Uttam : dpoc had come down to 10893 and now back to 10912
14:48 Amit : uttam 2:4
14:48 Amit : 2:49
14:49 Uttam : filling up the bell Amit
14:49 MJ : Wants to eat tsl and go up seems.
14:49 Amit : ok
14:51 Himanshu : @Bopp – 27000 PE – below 150
14:51 Shai : normal day
14:52 MJ : Shai that 26k bnf reds are mix orders? with sl?
14:52 TP : can it be converted to NE for NF 🙂
14:53 Uttam : Amen Tej 🙂
14:53 Boppanna : seems to be stalling there @Himamshu had to drop quicker below 150 for BNF to make that jump IMO
14:54 Amit : missile fired up now
14:54 Himanshu : see now
14:54 TP : you made me part book :)……(14:54) Amit : missile fired up now
14:54 MJ : TP.
14:55 MJ : Ghee shakaar whatever.
14:55 Boppanna : TP 🙂
14:55 Himanshu : 26800-900-000 PE had huge writing today @bop
14:55 Azmath : 913 ko break karo MJ
14:55 MJ : Karte hai AZ
14:55 MJ : Kaam chalu hai.
14:56 Amit : me to (14:54) TP : you made me part book :)……(14:54) Amit : missile fired up now
14:56 Jayesh : Arre aise shabd mat nikalo…sach lagata hai..ki border pe kuch hua 🙂 (14:54) Amit : missile fired up now
14:56 Himanshu : haha
14:56 Amit : haha
14:57 Amit : lets se if it takes off or not, can be a phus pataka as well, its taking too much time
14:58 Uttam : 3:05 move coming looks like today
14:59 MJ : Cometh! (14:25) MJ : 10932pahije!
15:00 Amit : yes, comeon
15:01 Uttam : day’s COT now down to under -1Lnow
15:02 Dr Prajwal : otf is active??
15:02 Uttam : right now the shorts are getting squeezed out looks like Dr
15:02 Azmath : Looks like Short Covering na Uttam
15:03 Uttam : FA confirmed in NF
15:03 Amit : done
15:03 Subhodeep : mj would this be ok ?
15:03 Subhodeep : (14:41) Subhodeep : on the options chart 10900 ce looks decent if it manages to cross vwap??
15:03 MJ : Lol
15:04 Jitender : boom
15:04 MJ : Why leave?
15:04 Uttam : BNF…..
15:04 MJ : Lets clean up.
15:04 TP : 1L red looks like the whole room booked out 🙂
15:04 MJ : Hahahaha! tp.
15:04 Azmath : Thanks MJ.. team work bhai aaj
15:04 MJ : Ekdum full on bhai
15:04 Amit : Boys played well…
15:04 Azmath : Wolf Pack hunting types
15:05 MJ : 880 to 925
15:05 Jayesh : Sahi MJ
15:05 Boppanna : +1
15:05 Jayesh : same +1
15:05 Amit : awesome MJ
15:05 Himanshu : +1 great
15:05 Jitender : bye all…b safe c u tues
15:05 Jitender : done fr today
15:05 Subhodeep : tc jit
15:05 Himanshu : Never felt trading so awesome
15:05 MJ : Damm missed by 2.55 (14:25) MJ : 10932pahije!
15:05 Boppanna : bye Jit
15:06 Subhodeep : have a good weekend
15:06 Himanshu : profit aside learning and interactions
15:06 MJ : Bye Jit.
15:06 MJ : Anyone big on positionals. Overnight hedge is a very good idea.
15:06 Shai : to the tick – (12:56) Shai : low most likely in
15:06 Boppanna : +1 Shai
15:06 TP : +1
15:06 MJ : Shai showed us the path.
15:07 Himanshu : yes
15:07 MJ : Thick tpos. Lows in 🙂
15:07 MJ : Thanks everyone 🙂
15:07 MJ : @Shai that 61k bnf is fresh sell? Or sl blown off?
15:08 TP : red would be profit booking maybe @mkt ?
15:08 Shai : sl
15:09 Himanshu : shai – can we take overnight pos in BNF – short PE – 26800-900-27000
15:09 Himanshu : long week end theta decay
15:09 Shai : weekly can
15:09 Himanshu : yes weekly
15:10 Himanshu : thanks
15:12 Amit : Thanks everyone, have a relaxing long weekend.
15:13 Uttam : NF giving hatrick of Neutral Centre looks like
15:13 Uttam : closr at dPOC of 10912?
15:13 MJ : Yes.
15:14 MJ : 1L making his presence felt.
15:15 MJ : Tuesday opening above 10935 will be interesting.
15:18 MJ : Bye everyone. Have a nice weekend. Signing off early.
15:22 Shai : Positional – Buy 10900 put Monthly and sell 10900 put weekly for a net of 80 ( 162- 82) sl of 50 . Hold till wednesday.
15:23 Shai : theta trade for long weekend
15:23 Shai : only for risk traders
15:27 Rahul Desai : Hi Shai…you mean to say ..we need to execute this pair of trade?
15:28 Shai : yes it is a pair
15:28 Shai : buy month and sell week
15:28 Shai : same strike
15:28 Shai : Bye all
15:29 Shai : Have a good weekend ,
15:29 Rahul Desai : I mean Buy 10900 Put of 28th March expiry and Sell 10900 Put of 7th March Expiry
15:29 Shai : enjoy the break
15:29 Rahul Desai : Thanks Shai
15:29 Uttam : thanks All 🙂 have a lovely weekend
15:29 Rahul Desai : Bye everyone
15:29 TP : Bye All.
15:29 Shai : Catch up all tuesday
15:29 Boppanna : bye & thx all
15:30 TP : Bye All.
15:34 Himanshu : bye all thanks for great session
09:36 Imran : Shai id & pos view on Axisbank
10:08 TP : Shai views on BHARATFORG , swing/positional.
10:27 Shai : axis lots of short closure yesterday
10:27 Shai : 713 intra res and supp at 7054 intra today
10:27 Shai : swing long would be good abv 714
10:29 Shai : maiuntain 685- 754 range for axis on MT charts
10:30 Shai : 470 is a good supp in Bforge for the month
10:30 Shai : this leg up maintain tgts at 533 and 553
10:30 Shai : LT charts still a 405- 615 zone
10:30 Shai : but a buy on dips
10:36 TP : tks chief.
10:38 MJ : @Shai BOB swing view? And REC Swing booking zones? Long since 118 levels.
10:38 MJ : Thanks.
10:39 Imran : tks Shai
10:47 Rahul Desai : Hi Shai…thesre are all Futures levels you are highligting ..am I correct? Or these are the SPOT levels?
10:48 Uttam : cash levels Rahul
10:48 Uttam : all stock queries in spot levels only
10:48 Rahul Desai : Ok…got it…Thanks
11:53 Imran : below 705.4 in axid can shorts be created
12:00 Shai : can – is a trend day down
12:04 Imran : thanks again Shai
12:26 TP : Shai can you give swing levels for YESBANK looks like BO above 236.
12:32 Shai : 260 in it
12:33 Shai : 228 sl
12:34 TP : tks chief.
13:15 MJ : Shai bob are we seeing bulk deals? cash wise/
13:16 Shai : yes big buyers
13:16 MJ : Keep an eye.
13:17 Gaurav : Shai can short KArnatka Bank here for March?
13:58 Shai : 117.4 is old resistance
13:58 Shai : but does nt have any active selelrs yet
13:58 Shai : go with small size with strict sl of 118
14:09 Imran : Shai taken short at 705 is sl 715 optimal for 680
14:09 Imran : Axis bank
15:10 MJ : Shai zee fresh legs above DHI close?
15:10 MJ : Or counter looks done for now?
15:11 Shai : zee fresh buy signal
15:12 Shai : but yeah stay with hedge
15:12 Shai : 497- 510 zone is choppy
15:12 MJ : Okay shai thanks. Will play ID only. Cash all out.
15:12 MJ : back on tuesday.