When we think about how to measure volume in the market one of the keys is Order flow . It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
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
BN
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09:17 Shai : (09:16) Shai : Update – Book profits in the 10400 ce at 220 here
09:20 Shai : (09:20) Shai : Intra – Buy BanKnifty 25282 sl of 25190 tgt 25396
09:33 Shai : (09:33) Shai : Make exits in the BankNifty trade at 25244 here
10:54 Shai : (10:54) Shai : Intra – short BankNifty 25295-300 sl of 25375 tgt 25202
11:01 Shai : (11:01) Shai : BNF 25258 Book half the short and trail at 25307
11:07 Shai : (11:07) Shai : Book the BNF trade fully
11:49 Shai : (11:49) Shai : Buy 25200 pe at 106 sl of 77 tgt 170
12:08 Shai : (12:07) Shai : add 50%25 more to the 25200 PE here at 78 . Update SL of 52 for the position
12:16 Shai : (12:16) Shai : BNF puts . Close the PE at 65 here
13:25 Shai : (13:25) Shai : Intra – Buy Nifty 10404 sl of 10377 tgt 10440
13:39 Shai : (13:39) Shai : Book small profits in the NF longs at 10415
14:37 Shai : (14:37) Shai : Positional – But 10500 ce at 161 sl of 116 tgt 225
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08:57 Shai : GM all
08:57 Narendra : gm shai
08:57 Shubro : GM everyone
08:59 Shai : Trend day higher yesterday with vwap of 10262 and POC also placed near 10243
08:59 Shai : Top of the trend day at 10419 early morning ref area
08:59 Shai : Dips to 10320 remain buys
09:00 Abhishek : GM everyone
09:00 Shai : 10462 and 10500 are the overhead supply zones
09:00 Shai : https://vtrender.in/market-profile-analysis-dated-31st-oct/
09:02 Shubro : what about bank nifty Shai?
09:02 Shubro : Shai i need help with understanding ATR? Is there a link
09:02 Narendra : shai us 10yr yeild again surging higher . this time are we in for below 10000??
09:04 Shai : ATR is the range – tjhough averaged over any period you would want
09:04 Shai : the range is posted on blog every day
09:08 Jitender : Gm Folks 🙂
09:10 TP : GM All.
09:10 Shubro : Hi Shai thanks yes went through the daily analysis. Thanks. I
09:11 Kathir : GM shai all
09:16 Shai : Update – Book profits in the 10400 ce at 220 here
09:18 Shai : Volume not making the cut for the open
09:18 Shai : could be an open auction at the top end of the range
09:20 Shai : Intra – Buy BanKnifty 25282 sl of 25190 tgt 25396
09:21 Shai : looks like demand here abv 260
09:29 RK : GM SHai and all
09:29 RK : what will you do when OH>PDH? # NF
09:29 RK : after elongated profile
09:30 Jitender : did tat 9.27 🙂
09:30 RK : True VTian then 🙂
09:30 MJ : bnf shorted 280
09:30 MJ : out 190
09:30 Jitender : DT done Rk…
09:30 MJ : DT done too
09:30 MJ : 🙂
09:31 RK : cheers
09:31 Jitender : +1
09:31 Sandesh : done done dhun
09:31 MJ : Sandesh I love you boy!
09:31 Uttam : Good Morning All 🙂
09:32 Uttam : BNF done that 25285 at open & NF also 2atr of 10435 done & dusted from FA of 10111
09:33 Shai : Make exits in the BankNifty trade at 25244 here
09:33 Soma : SL got hit
09:33 Jitender : my screen today https://vtrender.slack.com/archives/C0F2VRTPW/p1541045024042200
09:33 Uttam : cognrats Jit 🙂
09:33 Sandesh : (09:31) MJ : Sandesh I love you boy!>>> ummmaaaaaaaaaaa
09:33 Shai : there is demand at the lows
09:34 ANAND BABU NATARAJAN : stop loss triggered
09:34 Shai : okay
09:34 Uttam : @Soma & Anand do not place SL in system
09:35 Shai : I exited higher as I saw demand at lows – there were greens
09:35 Shai : why would you exit when you see greens?
09:35 Uttam : many time we just have a swipe down but bounces back
09:35 Jitender : tx Uttam
09:35 Uttam : if it sustains below SL level for at least 5mins or when Shai gives exit call then exit
09:36 Soma : @uttam ok thank you
09:36 Uttam : and BNF is a wild beast so you need to be a bit flexible with your stops
09:38 Shai : stay tuned in to the screen -the whole purpose of seeing an OrderFlow chart is to be in a position to respond to the screen up or down
09:38 Shai : else what is the difference
09:38 Uttam : +1 Shai
09:38 Shai : we should test the highs again
09:38 MJ : Jit SAR 50 done too 🙂
09:38 Favi null : +1
09:38 MJ : BNF after really long 🙂
09:39 Uttam : both NF & BNF accepting the spike close after hat looked like a ORR start but not able to go down
09:39 Pradeep : Sahi, when you ask why we should exit when we see greens, is it because greens .. what is the answer
09:39 Pradeep : Shai
09:40 Uttam : @Pradeep when you see greens when price is going down that means you are getting buyers so the fall will not hold
09:40 Pradeep : ok
09:41 Uttam : same case if you would have seen reds i nthe fall that means sellers taking initiative or longs being forced to liquidate so then move out of longs
09:41 Pradeep : tx Uttam
09:41 Uttam : 🙂 welcome Pradeep
09:42 Uttam : seller there just above 10420 in NF?
09:42 Pradeep : We saw greens when BNF went down, why did we then exit? We were holding long right
09:42 Uttam : delta chart has a long black protruding nose there
09:42 Uttam : we exited because there was no demand at highs
09:43 Uttam : you can see the red box at hihgs in BNF
09:43 Uttam : POC also shifting higher
09:43 Pradeep : ok
09:43 MJ : Nf sold below pdh out 392
09:43 Shubro : Utaam delta stack red nose is sellers?
09:43 Sumit : BNF looking Weak and NF also
09:44 Uttam : its a hvn Shubro where you have big volumes
09:44 Shubro : so difference bw black and red nose?
09:45 Abhishek : Shai, reset of 30 min chart
09:45 Uttam : that red may be an earlier seller there
09:45 Shubro : right
09:46 Shubro : thx a lot
09:47 Uttam : stuck sellers also will be looking for a exit
09:48 Shubro : Also uttam the red and blue numbers on delta stack chrt, they show the PDD and NDD right? So for now its more NDD?
09:48 Kunal null : shai , the sl was hit at 25190. didn’t understand when you said take exit at 244.
09:49 Uttam : (09:35) Uttam : many time we just have a swipe down but bounces back @Kunal
09:49 Uttam : (09:34) Uttam : @Soma & Anand do not place SL in system
09:49 Sumit : Day poc goign low
09:51 Abhishek : What is Op-Ra in the chart?
09:51 RK : NF should around 360 roughly and create value higher failing which 45deg move to POC
09:51 RK : *should hold
09:51 Uttam : +1 RK island reversal on?
09:51 MJ : +1 Rk.
09:52 MJ : been a while for 45 degree 🙂
09:53 Abhishek : What is meant by Op-Ra in the chart?
09:54 MJ : Gap up – Less vol – Supply overhead – Aim for gap filling. That was my context to short NF.
09:59 Sandesh : +1 Joshiji
09:59 Kunal null : is it a good idea to place short below ledge of yesterday 10371 for downmove thru lo3 volume tpos of yesterday
10:01 MJ : @ kunal OF is your friend at major references.
10:01 MJ : Sandesh /\
10:01 Kunal null : ok
10:02 MJ : Uttam putting it above vwap? bnf?
10:04 Uttam : @Kunal we have a ext handle at 10359 so if NF gets accepted below it then you can go for a fresh short to tag that 10317-315 level
10:04 Uttam : but for now both are making value in spike so bullish
10:05 Uttam : needs to stay above 10398 NF for more upside though
10:09 Pradeep : it’s a boring BNF expiry!
10:10 MJ : It is IB still Pradeep.
10:10 Uttam : not even done the first hour still yet Pradeep
10:10 MJ : Too soon to write it off.
10:10 Uttam : and yesterday we have had a big move so it is time to consolidate
10:10 Uttam : even Shai mentioned that in the daily report that first half we may just for a balance
10:10 Jitender : 250 was yday also sold off in bnf
10:10 MJ : Uttam above pdh bnf you have some things in mind?
10:11 Uttam : I asked Shai yesetrday if BNF can do 25600 in the next few days so for me PLR is up
10:11 MJ : same same 🙂
10:11 Uttam : 🙂
10:11 MJ : Wanted lows for today around 120ish.
10:12 Uttam : NF getting greens at vwap
10:12 MJ : Uttam just 116 points so far.
10:12 MJ : RE time? 🙂
10:12 Uttam : IB to hone do bhai 🙂
10:12 MJ : 2 min.
10:13 Jitender : Nope M
10:13 MJ : Okay Jit.
10:13 Jitender : i meant bnf
10:13 MJ : Yes got it 🙂
10:17 Jitender : (10:10) Jitender : 250 was yday also sold off in bnf
10:17 Jitender : tis is a pivot for greens on 5min
10:17 Jitender : reds need to drive below 200
10:18 Jitender : till ten ..enjoy yr coffee
10:20 Uttam : C period forming double inside in BNF
10:20 Uttam : coiling
10:21 Uttam : same with NF though it has a relatively lonf A period
10:21 Uttam : long*
10:21 Shubro : Uttam could you explain a bit more abt that
10:21 Shubro : Does it mean consolidation?
10:23 Uttam : yes Shubro it is coiling & waiting for the buyers or sellers to make the next move
10:24 Shubro : right ho thanks Uttam
10:25 abhishek sharma : IB is very small
10:26 Kathir : @ uttam whats suyogs range for bnf ? expiry
10:26 Shai : Re- That question about that SL order- We are now working with OrderFlow charts and I want you all to move away from that traditional ‘put SL for trade and put target’ for trade system and elevate your self to responding to the market and the information it is giving
10:26 Shai : The market speaks right from the open
10:26 Kunal null : ok
10:27 Shai : Yes some trades will go wrong and there will be no stopping that.
10:27 Uttam : +1 Shai
10:27 Uttam : @Kathir Suyog is travelling so did not disturb him on that
10:27 Shai : But is it not better that you take those few extra seconds and have a look at the screen and if you see greens or buyers or demand showing up when you are about to exit, can we just not wait for a few seconds?
10:27 Shai : It’s about stepping up and taking ownership guys .
10:27 Uttam : and when we have the complete picture in front of us it is best for us to make most use of it
10:28 Shai : You have to make the transition here from being a passive player to an active trader who is responding and manging that trade every step of the way.
10:28 Shubro : @Shai absolutely from my limited experience i have always regretted not being patient 🙁
10:28 Jitender : +1000 Shai…keep calm n wrk as per a plan
10:28 Favi : +1 shi
10:28 MJ : +1 shai.
10:28 Shai : passive will not work. respond . be active
10:29 Shai : I have elevated my self to an active thinking trader, refuse to be passive to the voice of the market.
10:29 Shai : It is time you do also.
10:29 Uttam : boom boom BNF
10:29 Uttam : 33k red at new highs
10:30 Uttam : C period breaking out
10:30 MJ : Uttam 🙂
10:30 Shai : C break not good
10:31 Favi : those sellers in trouble?
10:31 Favi : shi?
10:32 Shai : not yet
10:32 Pradeep : @Sahi: Can you pls explain C break not good means what you are observing
10:32 Sumit : pink band in 25200 call ?
10:32 Pradeep : sorry for the typo Shai
10:32 Shai : 25405 they can hold to
10:32 Shai : abv that they will run
10:32 abhishek sharma : FA is there in nifty at top
10:33 Uttam : NF still in IB range Abhishek
10:33 abhishek sharma : on 22 oct
10:33 abhishek sharma : can nifty clears it
10:34 Shai : Generally C fails @Pradeep
10:34 Shai : yesterday was also an example of the same
10:34 Uttam : chances of gettign a FA on a C break are higher Shai?
10:34 Pradeep : tx
10:35 Shai : who told you this?- (10:33) abhishek sharma: on 22 oct
10:36 Shai : It’s misinformation
10:36 Shai : Please avoid in this room
10:36 abhishek sharma : no sorry shai its in bank nifty
10:37 Shai : Not in banaknifty also
10:38 Shai : whereever you are getting your info from please ask them to learn Market profile well
10:38 abhishek sharma : ok
10:41 Manish : shai: is this generally true or only for yesterday and today ?; Shai : Generally C fails @Pradeep
10:42 Shai : stats
10:42 Shai : but no short till it comes below IBH again
10:42 Uttam : most of the FAs happen in the C period Manish
10:42 Manish : thnx shai, uttam
10:43 Uttam : we call it inausicious time for IBH break 🙂
10:43 Uttam : rahukalam
10:43 Shubro : hahaha fantastic. in splits here
10:43 Uttam : 🙂
10:46 MJ : 17k
10:46 MJ : reds
10:46 MJ : Rahu has come?
10:46 Shai : No demand abv IBH
10:46 Shai : sweet spot to short is below IBH for conservative traders
10:47 Shai : aggressive has sl abv 375 and is short now
10:47 Abhishek : Target is IBL?
10:47 Shai : 25255 exp
10:47 Shai : yes 25190 if that goes
10:47 Uttam : yes reds piled up in that IBH extension up
10:47 Abhishek : Thx
10:48 Uttam : so if gets back into IB vwap cometh
10:51 abhishek sharma : bank nifty can come down or what?
10:52 Manish : uttam, so short below IBH of 25295 and if it goes in IB which is 25295 to 25180, then will go to vwap of 25260 ?
10:53 Kathir : @ abishek IBH is 25295 bnf and as of now it is taking supp there. read shais above levels
10:53 MJ : @Manish so C period is stats + we saw good red buildup over there. We need to see if we can crack below ibh and atleast get vwap which is 260. TSL at vwap for ibl.
10:54 Shai : Intra – short BankNifty 25295-300 sl of 25375 tgt 25202
10:55 Jitender : tis is wat is known as ‘Trading’ (10:34) Shai : Generally C fails @Pradeep
10:55 MJ : Who says rahukalam is not good? 😉
10:56 Manish : jit, can we put this in trick of trade ?
10:56 Jitender : guys u r in one of the most reliable, sophisticatded & evolving trading rooms in t he country with a honest & genuine Teacher ….
10:56 Jitender : stick around…i have been here fr 10 years
10:57 Manish : jit +1000
10:57 Jitender : n believe it rewars
10:57 Jitender : sure Mihir
10:57 Jitender : just psot it
10:57 MJ : Manish do it 🙂 post it yourself. Also post it in your notes 🙂
10:57 Manish : ok thnx
10:57 Jitender : Manish (10:57) Jitender : sure Mihir
10:58 Jitender : n believe me it is rewardn (10:57) Jitender : n believe it rewars
10:59 Shai : aggressive gets vwap- 273- (10:47) Shai : aggressive has sl abv 375 and is short now
10:59 MJ : Out chief 🙂
10:59 MJ : 337 282
11:01 Shai : Honestly I do it cos I learn also but we are all students here . Don’t believe in gurus and wizards – (10:56) Jitender : guys u r in one of the most reliable, sophisticatded & evolving trading rooms in t he country with a honest & genuine Teacher ….
11:01 Uttam : (10:48) Uttam : so if gets back into IB vwap cometh…25260 here
11:01 Shai : BNF 25258 Book half the short and trail at 25307
11:01 Uttam : lovely Shai
11:02 MJ : Add that to c period stat
11:02 MJ : Shai /\
11:02 Shai : we wil get 40 more if this breaks here at 255
11:02 Jitender : creamed all moves M
11:02 Shai : let’s give it a few mins
11:02 MJ : In sync. Those kinda days.
11:02 Uttam : yes can target that green box at 25200?
11:03 Uttam : if stays below vwap
11:03 MJ : 40k at nifty low might get little tough to scale down .
11:03 Shai : reds 🙂
11:03 Uttam : big reds at this vwap break in BNF
11:04 MJ : Baaam!
11:05 Uttam : NF going a RE down now
11:05 MJ : RK 366 here 🙂
11:06 Jitender : anyone for 25150
11:06 Shai : 10359 a supp if watching NF
11:07 Uttam : +1 Shai
11:07 Uttam : 64k green at lows in NF
11:07 Shai : Book the BNF trade fully
11:07 Jitender : +1
11:07 Uttam : POC on 30mins shifting to lows
11:07 Uttam : fist supply just above 10380 though
11:10 Shai : +1
11:10 Shai : I just walked you guys through an entire thought process there starting here(10:30) Shai : C break not good
11:11 Shai : (10:34) Shai : Generally C fails @
11:11 Shubro : super super hands on and green on P&L so theres proof.! many thanks
11:11 Boppanna : +1 Shai
11:11 Shai : (10:46) Shai : No demand abv IBH
11:12 Shai : Context + Information from the market Live through an OF chart
11:12 Uttam : +100 Shai
11:12 Shai : this has to go down further though – BNF
11:12 Shai : will respond with shorts again when the morning greens are taken down
11:20 Abhishek : (11:12) Shai : will respond with shorts again when the morning greens are taken down / How to determine if the greens are taken down?
11:22 Manish : shai, excellent live example of a setup. thnx.
11:24 Uttam : (11:07) Uttam : 64k green at lows in NF(11:07) Uttam : POC on 30mins shifting to lows(11:07) Uttam : fist supply just above 10380 though
11:24 Shai : what is the opposite of green here? 🙂 – (11:20) Abhishek : (11:12) Shai : will respond with shorts again when the morning greens are taken down / How to determine if the greens are taken down?
11:25 Uttam : Nf planning a FA at lows ?
11:25 Uttam : BNF above IBH again
11:26 Uttam : Nf needs to get above vwap
11:27 Uttam : that buyer just below IBL gives vwap
11:27 Manish : uttam, for BNF we are in E period. Plus there is demand above IBH now. So even if it comes below IBH, we should not short. Is this correct ?
11:29 Boppanna : Just sharing a view so do buzz in if it sounds incorrect this is with the FA context in BNF at 25220 that we had on 30/10. Although we have stayed above the FA for the most part from current OF presence of sellers and no demand above IBH gets more significance to stick to a sell side bias and to look for upside later presence of good greens above IBH is what one needs to look at.
11:34 Jitender : +1
11:34 Uttam : @Manish C & D period are almost same range in BNF so now look for a break with OF confirmation on either side
11:34 Uttam : NF making new lows
11:35 Manish : ok. thnx uttam
11:35 Uttam : new supply came at 10390 there which was vwap also
11:35 MJ : 359 touch. 380 390 zone supply helping.
11:35 Uttam : supply at highs in BNF is still there and there is no indication of them covering
11:36 Uttam : (10:04) Uttam : @Kunal we have a ext handle at 10359 so if NF gets accepted below it then you can go for a fresh short to tag that 10317-315 level
11:36 MJ : +1 uttam 🙂
11:36 Uttam : NF low 10358.55
11:37 MJ : green band there too.
11:37 Uttam : green band right there
11:37 Uttam : extension handle happens when we have a initiative buyer or a seller so chances are those guys will be present the first time it gets back there
11:38 Uttam : but if that goes that would mean earlier buyer not there
11:38 Uttam : green band getting negated
11:39 Uttam : are we having a DD down?
11:39 Uttam : demand still there in NF though
11:39 Himanshu : some greens in NF uttam?
11:39 Abhishek : Does 1.1 Lk green at lows mean anything?
11:40 Uttam : yes Himanshu & Abhishek greens are coming but they need to get back into IB
11:40 Uttam : and then vwap
11:40 Abhishek : Thx Uttam
11:40 Uttam : BNF 25214 imp to hold
11:41 Abhishek : FA level?
11:41 Uttam : monthly IBH that is also
11:41 Abhishek : ok
11:42 Uttam : demand getting absorbed in NF looks like
11:42 MJ : Uttam 317?
11:42 MJ : Lets?
11:42 MJ : 🙂
11:42 Himanshu : yes uttam no spike in prices
11:42 Uttam : yes MJ if does not get above IBL soon then can tag that 10317-315
11:43 Uttam : BNF going for that 25200 test
11:43 Abhishek : 25214 goes
11:44 Uttam : it needs to sustain below it Abhishek
11:44 Abhishek : ok
11:44 MJ : Greens trying nicely since 2 days to defend.
11:45 Uttam : yes both forming a bell so far so NF can get back to 10380-390 levels
11:46 Uttam : guys levels given are not written in stone & we need to watc hwhat OF is doing at those levels to take further action
11:46 Narendra : 🙂
11:47 Uttam : BNF at 25200
11:47 Uttam : no sign of greens
11:47 MJ : Both very different auction.
11:47 MJ : OF wise.
11:48 Uttam : all the demand being absrobed in NF Mihir
11:48 Uttam : BNF anyways has been in control of those sellers above IBH
11:48 MJ : Yes 🙂
11:48 Himanshu : uttam suppose we short here SL would be IBL?
11:49 Shai : Buy 25200 pe at 106 sl of 77 tgt 170
11:49 Uttam : vwap+ filter is a better SL Himanshu
11:49 Uttam : but you need to see fresh reds below IBL to short
11:49 Shai : May add again if we see 85- 87 in it
11:50 Manish : uttam, how much is filter ?
11:50 Uttam : Auction has turned down in both
11:50 Himanshu : ok uttam thanks a lot
11:50 Uttam : with E & F making lower lows
11:50 Uttam : sorry in NF D & E making lower lows
11:50 Uttam : F still has not
11:50 Shai : trade is for 25060 viist from here with SL above IBH now
11:51 Shai : BNF should go neutral
11:57 Santhanam : (11:51) Shai : BNF should go neutral —- couldnt understand this liine….please guide
11:58 Shai : range extension lower
11:59 Shai : Doing a contest on closing expiry price of BNF today. You have to enter before 2 pm – https://goo.gl/YiamK7
11:59 KK : hi, makes sense to make a glossary of all terms and short forms and share with 2 -3 examples, will help to understand the context for newcomers
11:59 Shai : 2 winners get free invites to the Mumbai workshop. Closest 2
12:00 MJ : Shai where expiry you see? 😛
12:00 Shai : @KK already on the site and is mailed when you join
12:00 Rushabh : shai 77 here
12:02 Pradeep : nice contest Shai
12:03 Narendra : shai 25200 put exit right??
12:04 Narendra : uttam??
12:05 Shai : hold
12:07 Shai : add 50% more to the 25200 PE here at 78 . Update SL of 52 for the position
12:08 Shai : just came back to vwap
12:08 Himanshu : uttam NF struggling to get into IB
12:09 Himanshu : shai all those greens in BNF shld push it abv VWAP…they failed?
12:12 Shai : not yet
12:12 Shai : still waiting for some big supply below 25200
12:12 Shai : will exit the short view if vwap is taken out
12:12 RK : 10400 coming
12:13 Shai : just the plan and the thought for BNF here
12:16 Uttam : +1 RK that 10380-390 was on the cards as NF forming a nice bell
12:16 Shai : BNF puts . Close the PE at 65 here
12:16 Shai : will gtry that PE again later
12:16 abhishek sharma : bank nifty can go down from here
12:17 abhishek sharma : it is not sustaining ubove v wap
12:18 Himanshu : RK r we forming ledge at 25230-25250
12:18 RK : yes probable
12:18 Himanshu : ok thanks
12:19 abhishek sharma : i have taken 25200 pe at 63
12:24 MJ : What was the trade plan abhishek?
12:29 Shai : that pink band is looking good for sellers now
12:29 Uttam : part book at 83 & ride rest at cost Abhishek if you still holding
12:30 Shai : NF did not cross vwap right?
12:30 MJ : No Shai
12:30 Uttam : rejected right from vwap4
12:30 Shai : k
12:33 Shai : That 52 is a sweet spot in the BNF 25200 pe
12:33 Shai : if we get somehwere around there by 2 pm could be worth a buy again
12:34 Shai : for now rotational
12:34 MJ : Shai that looks like one for bnf donation trade. Can return good IMO.
12:34 Uttam : I got my expiry level 😉 filling the form Shai
12:35 Uttam : though will not be able to make it for the Mumbai workshop 🙁
12:35 Himanshu : uttam pls tell us.. 🙂
12:36 MJ : Uttam would love to meet you in person if you come to Mumbai.
12:36 Uttam : lol Himanshu this time not sharing the levels 😉
12:36 Uttam : oh yes Mihir all of us in the room are so used to be with each other daily that it doesnt seem that most of us have not met
12:36 MJ : Break that vwap bots. Come on.
12:37 Shubro : @Uttam pls tell us after you win 🙂
12:37 MJ : =
12:37 Himanshu : nyways uttam .. i already paid for workshop..
12:37 MJ : +1
12:37 Uttam : will fill the form at 1:30 ust to make sure if there is any move happening
12:37 Uttam : and guys I am not at all good at predicting expiry levels so please do not go by my gut
12:40 MJ : Dval to vwap done
12:40 MJ : Round trips like mumbai local
12:40 MJ : So good these setups are
12:41 Himanshu : mihir if u long at DVAL then ur SL ?
12:41 Uttam : (12:37) Himanshu : nyways uttam .. i already paid for workshop.. great Himanshu so lucky you to be attending the workshop, make the most of it man
12:42 Himanshu : hope so uttam already miised that hyderabad one
12:42 Uttam : submitted the form, lets see where it closes 🙂
12:42 Uttam : you from Hyderabad?
12:42 Himanshu : no..from prayagraj 🙂
12:43 Uttam : oh cool 🙂 nice
12:43 Uttam : USDINR making lows of the day
12:44 Shai : No buyers in that PE
12:44 Boppanna : Shai BNF making its move
12:44 Shai : BNF wants to go higher
12:44 Uttam : yes Shai PE being written
12:45 Uttam : RK BNF ledge at IBH?
12:45 Uttam : 25300 levels
12:45 MJ : DLO + filter (12:41) Himanshu : mihir if u long at DVAL then ur SL ?
12:45 RK : yes
12:46 Himanshu : ok mihir thanks a lot
12:46 Uttam : thanks RK 🙂
12:46 Vivek : post 3pm BNF is gonna run higher, controlled by expiry day
12:47 MJ : Himanshu. I don’t follow conventional sls. Very rarely I am with it..
12:47 Jitender : single algo ran from 200 in bnf triggrn Sls
12:47 MJ : Rampage mode Jit.
12:47 MJ : I am at vwap 🙂
12:47 MJ : Get me dHI
12:50 MJ : Shai quick check with you. Heatseeker Buy/sell can spread over two to three days too?
12:51 Jitender : below 280..theese greens will be ******
12:52 Shai : 25300 CE sold
12:52 Shai : one buyer pops up in the PE now
12:53 Shai : there are 6 diff things there – (12:50) MJ : Shai quick check with you. Heatseeker Buy/sell can spread over two to three days too?
12:53 Shai : which one?
12:54 Jitender : axis bank was used fr this prop up
12:54 MJ : Ok chief. Post market more light on that
12:54 MJ : Yes jit. Just booked swing axis.
12:54 MJ : Cash pos.
12:55 Uttam : BNF not done yet looks like
12:55 Uttam : 25200ce OI coming down
12:55 Uttam : writers being forced to exit?
12:56 MJ : I love when rather than an exit they are evacuated
12:56 MJ : Thats the true expiry fun.
12:56 Uttam : PCR of 25200 getting above 1 now
12:58 Uttam : BNF smoothening out that ledge RK
12:59 Uttam : PEs making new lows in BNF
12:59 MJ : Uttam any plan to do dhi in nf to?
12:59 Uttam : 25200ce later writers got into trouble looks like
13:00 Himanshu : 41 k in NF ..new buyers?
13:00 MJ : Doneeee! (12:47) MJ : I am at vwap :)(12:47) MJ : Get me dHI
13:00 Uttam : Mihir has called for outside help for his DH tag in NF 🙂
13:00 MJ : Booked half.
13:01 Uttam : BNf new highs
13:01 MJ : Lets take uttam’s 25600
13:01 MJ : now
13:01 Uttam : (12:55) Uttam : BNF not done yet looks like
13:01 MJ : Yesssire 😉
13:01 MJ : One at a time.
13:01 Jitender : axissss
13:01 MJ : Super se upar divas!
13:01 MJ : Don’t mess when axis is in form. This is my note to self.
13:02 Uttam : (12:44) Uttam : yes Shai PE being written…still big volumes in that 25200pe
13:02 MJ : Oho pdh is visible.
13:02 MJ : 443
13:02 MJ : looks like.
13:03 Uttam : OI rising
13:04 MJ : Uttam before this uptick. BNF profile was super sharp bell.
13:05 Uttam : no Mihir BNF had that C&D standing out like a submarine
13:05 MJ : Oh yeah they were watching out.
13:05 Uttam : can come back ti 25250
13:06 MJ : pdh defence started.
13:17 MJ : Uttam just 200 away from your PLR target.
13:17 MJ : Aaj hi?
13:17 Uttam : (12:56) Uttam : PCR of 25200 getting above 1 now…now that PCR risen to 2
13:17 Uttam : time for 25300pe to rise now – OI
13:18 Shubro : OTF in control Uttam?
13:18 Sumit : 25300 call sell holding ?
13:18 Uttam : NF not in sync with BNF today
13:19 Uttam : @Shubro G / H / I have made higher highs in BNF
13:21 Sumit : 8L Green in 25200 Pe
13:22 MJ : Go no go zone 393 to 419
13:22 MJ : can go anywhere.
13:24 Jitender : no shrts till 340 is defended
13:25 Shai : Intra – Buy Nifty 10404 sl of 10377 tgt 10440
13:27 MJ : Ok jit.
13:29 Uttam : @Sumit those greens can be writers booking profit
13:30 Sumit : ok
13:39 Uttam : now the 25300 pcr rising to 1 levels
13:39 Uttam : 25200 PCR above 3 now
13:39 Jitender : 25.3 pain with 0.78 pcr
13:39 Shai : Book small profits in the NF longs at 10415
13:40 Shai : liitle struggle at 418
13:40 Shai : is ccrosses 420 can do 440 quickly else down to vwap again
13:40 MJ : 3rd time stopped there.
13:40 Shai : yes
13:40 Uttam : yes 4 TPOs standing out at that level
13:41 Uttam : ACDH
13:41 MJ : Ab Chalo Day High?
13:41 Uttam : lol
13:41 MJ : Uttam dhi is 0=h plus magic too.
13:42 Jitender : looks like m the only one whoz tradn bnf ..nf has more suitors 🙂
13:42 MJ : We’ve kept her for you Jit.
13:42 Sandesh : hum sath doh hain Jitte
13:42 Jitender : 🙂
13:42 MJ : Oh how to forget Peter Parker of Goa.
13:42 Jitender : baba..kidhar le jaa raha rai bnf ko
13:43 Sandesh : Mihir ko Day High Mangta
13:43 Sandesh : let him hug 25500
13:43 Jitender : yh..theese greens r meant fr tat
13:43 Jitender : 300 sl
13:43 Jitender : but m hedged
13:43 Uttam : that is the trend day vwap in BNF
13:44 Jitender : will remove hedges either at 405 or below 330
13:44 Uttam : 25300 PCR 1
13:44 MJ : Attempt 4.
13:44 Jitender : 25.3pebrks DL
13:44 MJ : Clear the runway.
13:45 MJ : Jit lured me into bnf 🙂
13:45 MJ : thanks J.
13:47 Uttam : 25300ce OI reducing now
13:47 Uttam : CE writers ko chun chun ke maar ahe hain 😉
13:48 Uttam : 25200pe in single digits
13:48 MJ : Second half pending Uttam 😉 (12:56) MJ : I love when rather than an exit they are evacuated
13:49 MJ : Like take them to hospital from trading terminals.
13:49 Uttam : NF above 10420
13:49 Jitender : theese delay in orders in upstox is vry irritating
13:49 Jitender : tey do it every expiry now
13:50 abhishek sharma : shai what is this light green circle comming in order flo of bank nifty
13:50 Sandesh : jisne muje 13 pe 25200 Pe beja..usko bhi chun ke maro na! 🙂
13:50 TP : try on mobile especially SQ up part executes quickly.
13:50 TP : upstox
13:50 MJ : Sandesh aayega uska bhi time.
13:50 Jitender : m thinkn of changn brkr now
13:50 Jitender : k Tej
13:51 Uttam : big buyer
13:51 Uttam : @abhishek
13:51 Uttam : USDINR falling & this helping BNF Jit?
13:52 Uttam : such a small IB we had so BNF does 2IB
13:53 Uttam : sorry
13:54 Uttam : 25412 is 2IB
13:54 Uttam : 4 more points to go for it 😉
13:55 Uttam : done 🙂
13:56 Jitender : +1
13:56 Jitender : Uttam..the bull is very deadly
13:57 Uttam : _/\_
13:58 Uttam : small IB calls for a 3IB
14:05 Uttam : pink band in 25300ce at top
14:05 Shai : 25300 pe lottery
14:05 Prudhvi : sell side imbalance?
14:05 Uttam : from 105 already down to 60
14:05 Shai : 29 now tgt 63 plus
14:05 Uttam : super Shai 🙂 not taken nay trade but will help my expiry level 😉
14:06 Sandesh : riding
14:06 Sandesh : RK.. around?
14:07 RK : yes SAndesh
14:07 Uttam : 400 not out Rk 😉
14:08 Shai : got pinks at 44plus
14:08 Shai : 29 TSL for that PE
14:09 Shai : NF does not want to go anywhere today
14:10 Narendra : uttam is the reds are fresh shorts??
14:11 Uttam : these could be longs booking out Narendra
14:11 Uttam : vwap breaks more of these reds can come
14:13 Uttam : (14:09) Shai : NF does not want to go anywhere today…yes its on strike
14:13 Himanshu : RK ..NF being a possible gaussian profile..any open below DVAL tommorrow is a buy?
14:14 Shai : 25250 expiry?
14:14 RK : if you see OF support
14:14 Himanshu : ok thanks
14:14 Uttam : 25222 I put in the form
14:14 RK : Shai if you remove the quesn mark that would be helpful 🙂
14:14 Uttam : lol RK
14:14 Sandesh : lol..
14:14 Sandesh : 🙂
14:14 Himanshu : lol
14:14 Shai : lol RK
14:14 Uttam : no Suyog range also today
14:14 Shai : learn’t it from the media guys 😉
14:15 RK : me and Sandeh striving hard from hill top to do this
14:15 Uttam : lol Shai
14:15 RK : SAndesh
14:15 Himanshu : shai.. ultimate..
14:15 Shai : I wanted it once below 25200 earluer today this BNF
14:21 Shubro : Shai what does this say about the trend in that case?
14:22 Shai : was expected – Imbalance to Balance
14:22 Shubro : So we are well balanced today in Bank Nifty?
14:24 Shai : yes BNF alsoi
14:24 Shubro : right thanks Shai
14:30 Boppanna : Shai can we have 25400ce on screen
14:33 Shai : on screen
14:34 Pradeep : BNF is telling NF: come lemme help you cross today’s high?
14:34 Sandesh : Oi.. Jitteeee
14:35 Jitender : 🙂
14:35 Jitender : cmon greens
14:37 Shai : Positional – But 10500 ce at 161 sl of 116 tgt 225
14:38 Shai : balance done topday
14:38 Shai : trade view is for a look above Oct series vwap
14:38 Sumit : red in NF on Top
14:39 Favi : more thn 50 k red in bnf?
14:39 Favi : or sl?
14:40 Jitender : Hdfc good results
14:40 Favi : shai?
14:43 Shai : yes more reds
14:44 Shai : BNF
14:44 Jitender : yup
14:44 Favi : longs puke?
14:45 Shai : could be positional guys
14:46 Uttam : spike close coming?
14:47 Sandesh : remove ? please
14:48 Shai : day longs are staying back in NF – intent is nice and green still
14:48 Shai : but BNF longs have given up
14:48 Sandesh : gap up possible in NF ?
14:48 Uttam : BNF we had good greens in middle of day Shai so those reds could be those booking out?
14:48 Shai : yes
14:53 Jitender : spot at 300
14:53 Jitender : watch tat
14:53 TP : option pain also 300 ?
14:54 Jitender : ys
14:54 Jitender : but day started at 25100 as pain
14:54 TP : tks
14:54 Jitender : wc
14:58 Shai : 10 mins for ythe move
14:59 Shai : looks like 25470 now
14:59 Sumit : spike possible ?
14:59 Azmath : MJ 🙂 (13:41) MJ : Uttam dhi is 0=h plus magic too.
15:00 Shai : unsteady still @sumit
15:02 MJ null : Dhi done. AZ 🙂
15:03 Azmath : Thanks MJ
15:03 Uttam : close at 10400 will be nice
15:05 Shai : exit the long view – (14:59) Shai : looks like 25470 now
15:06 Shai : 25300 spot it is
15:12 Uttam : dpoc sfifts to 10410
15:14 Abhishek : FA at 10447?
15:14 Uttam : probable one
15:14 Uttam : it needs to break ibl
15:15 Abhishek : When? Today itself or tomorrow?
15:15 Uttam : today do not think its possible
15:15 Abhishek : ok
15:15 Uttam : if happens tom then it will be a multi-day FA
15:16 Jitender : not a good day..endng with 3DT..wen 4.4Dt was in sight 🙁
15:16 Uttam : (15:03) Uttam : close at 10400 will be nice
15:16 Abhishek : Any significance of multi-day FA?
15:17 Shai : BNF very erratic here above 25300 F
15:17 Uttam : congrats Jit as Kathir says tom do 7DT
15:17 Shai : context still that 3 week bracket and we are near the highs
15:17 Shai : could be intersting morning tom
15:18 Shai : tom there chief not to worry – (15:16) Jitender : not a good day..endng with 3DT..wen 4.4Dt was in sight 🙁
15:18 Jitender : tx Uttam..but dont deserve..broke one of my rules….n got fit reply from mkt
15:18 Uttam : oh ok
15:18 Jitender : tx Shai
15:19 Manish : jit, for our learning which breaking which rule did you get punished for ?
15:20 Uttam : RK you there?
15:20 RK : yes Uttam
15:20 Uttam : island reversal confirmed in NF?
15:20 Jitender : removn hedges Manish & nt sq off at 2.55pm..my rule
15:21 RK : my NF chart not having anything Uttam..
15:21 Manish : ok thnx jit
15:21 RK : will recheck your chart..seems yours missed sm profiles
15:21 Uttam : mine was spot chart
15:21 RK : oh ok
15:22 RK : will recheck in evening Uttam
15:22 Uttam : sure RK, wil post the NF chart too
15:23 RK : Bulls all set for Diwali rally with this close 10370 invalidation
15:24 RK : amazing expiry by BNF writers
15:25 Jitender : Rk yday sgx didnt go abv 430 nf…though spx was roaring
15:25 Jitender : so theese guys controlled
15:25 RK : yes Jit noticed
15:25 Jitender : abv it will go dbl long
15:25 RK : no move above 450 and below 370 means 200 again
15:25 RK : @Jit
15:26 Jitender : k
15:27 RK : since 19th we are making one large bell till now
15:27 RK : if we move higher that bell negated
15:28 TP : rk can you post this 19th onwards chart later in the evning.
15:28 Jitender : US midterm on 6th…7 & 8 we r closed
15:28 Jitender : so watch tat
15:28 RK : yes TEj
15:28 TP : tks
15:29 Uttam : close at dpoc of a bell
15:29 Uttam : tom we could get a drive Shai?
15:29 Jitender : bye all
15:29 TP : Bye All.
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Himanshu : we r going with nifty and bank nifty poistional?
15:30 Manish : bye everyone
15:30 Uttam : thanks All 🙂 have a lovely evening
09:54 Gaurav : Shai Arvind can buy for 370-75 November?
10:49 Shai : looking iffy to start a new position here in arvind
10:50 Shai : yes may do 380 but I think will pullback a bit 340 test will be welcome
10:50 Shai : yes a long with sl below 317
10:51 Gaurav : Thanks Shai
