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
BNF
Room Chat
08:55 Manikandan : GM all
08:56 Nirmal : gm all
08:56 Chandrashekhar : GM all
08:56 Vtrender Live : 5 min charts – https://join.me/481-095-326
08:57 Adi : Good Morning all
08:57 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/633476533
08:58 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
08:58 Neeraj : Good morning all
09:00 Bommareddy : GM all
09:01 Giridhar Gowravajhal : GM all !!!
09:02 Ashok B R : GM All
09:04 Vyom : GM all
09:04 Shai : GM all
09:04 Vishnu : Gm All
09:04 Uttam : Good Morning All 🙂
09:05 Shai : https://vtrender.com/weekly-charts-13th-to-17th-july-2020-and-market-profile-analysis/
09:05 Avinash : GM everyone
09:05 Shai : https://vtrender.com/market-profile-analysis-dated-17th-july-2020/
09:05 Rahul : Morning Everyone
09:06 Shai : NF closed as a spike on Friday with spike highs of 10936 and lows of 10859
09:06 Shai : spike rules apply at the open
09:06 Shai : larger profile is still a gaussian in the weekly with a POC at 10795. Only a move abv FRi highs can confirm an imbalance
09:07 Shai : imm ref areas for the NF are the spike zones. Expect an auction in the spike
09:08 Shai : BNF spike zone is 21867- 22080
09:08 Shai : same rules apply
09:09 Tejpreet : GM All.
09:09 Prashant : What exactly are Spike Rules?
09:09 Shai : https://vtrender.com/spike-rules/
09:10 Nitin : Thanks Shai
09:10 Shai : spike rules have been discussed in the training library also, a link of which is sent to everyone
09:11 Prashant : Have read the vtrender link. Don’t think I saw that any other place,. Thanks
09:12 Anuj : GM everyone
09:12 Chintan : GM all
09:12 Aditya09 : GM all happy trading
09:13 Sachith : good morning everyone… happy trading
09:15 Chandrashekhar : speedo @ 200
09:15 K2dt : speedo in sonic mode
09:17 Prashant : No numbers visible in the window
09:24 Shai : open at edge of spike
09:24 Shai : vol is avg in NF, abv avg in BNF
09:25 Uttam : boom boom coming?
09:28 Uttam : abki baar 11000
09:28 Uttam : spot at 11k
09:30 Uttam : 10976 RS in NF
09:32 Nirmal : infy 922 from 900 one good trade
09:33 Nirmal : OAOR opem
09:34 Uttam : but above spike
09:34 Uttam : confirming move away from balance
09:34 Shai : hdfc twins and icici contributing to index gains
09:34 Uttam : A period singles in IB will set up a good day & week
09:35 Nirmal : what is period singles ?
09:35 Shai : 10913 imm support now
09:35 Boppanna : +1Uttam
09:35 Shai : watching for reaction if any near 10988
09:37 Maxis : charts?
09:38 Narendra : charts stuck??
09:40 Maxis : anyone else stuck with charts?
09:40 Rahul : Shai possible to increase font size in Join me screen
09:40 Rahul : yep stuck
09:40 Irfan : stuck
09:40 Maxis : am sure Chief is at it.
09:41 Boppanna : Gotomeeting working
09:42 Maxis : broadcasting issues i guess.
09:44 Rajesh G : test
09:45 Maxis : Shai???
09:47 Sumit Bajaj : stuck
09:47 Maxis : trade lost.
09:47 Maxis : 1
09:49 Rajesh G : hi
09:49 Adi : Charts stuck since 935
09:49 Uttam : GoToMeeting working
09:50 Uttam : 10984 tagged in NF
09:50 Rajesh G : UG at 10984 it should be RS ?
09:51 Uttam : joineme & zoom also working fine
09:52 Uttam : yes supply is coming but lets see how effective it is
09:56 Adi : what are the 2 pink vertical lines ?
09:57 Uttam : start of new TPO
09:57 Uttam : 30mins
09:58 Ankush Jain : chrts are stuck?
10:01 Boppanna : now working ankush
10:02 Ankush Jain : yes
10:02 Tejpreet : Uttam keeping A singles in focus :0
10:11 Rajesh G : shai little selling emerging in 10985 zone, why u were looking for activity here
10:14 Prashant : Again, POC at an extreme, price at a high and it is IS and not RS. Not clear.
10:17 Uttam : 13 point range in that bar so do not worry much abouit what it is showing 🙂
10:17 Uttam : close was at lows because of which it is showing as an IS
10:18 Uttam : that IB also came cos close was near highs in that 09:45 bar
10:18 K2dt : c side coming?
10:18 Uttam : yep looks like
10:18 Prashant : ok
10:21 Uttam : but I am more happy with the A period singles 🙂
10:23 Adi : DPOC moves higher
10:27 Anuj : small IB today
10:27 Prashant : Hardly any vol now pas few minutes
10:27 Uttam : OAOR
10:28 Maxis : charts again?
10:29 Maxis : bait
10:31 Adi : better to wait for D period
10:32 Adi : joinme also stuck
10:36 Govind : zoom working fine
10:39 Uttam : charts back in room too
10:39 Uttam : C side giving dhoka on downside?
10:39 Tejpreet : Shai said 988 …almost 40 down +1
10:39 Uttam : +1 Tej
10:40 Shai : charts working fine?
10:40 Maxis : yes
10:40 Amit Jain : yes
10:40 Ankush Jain : yes
10:40 K2dt : yupp chief
10:40 Bhavani : yes
10:40 Rahul : yep
10:40 Rajesh G : shai why were u seeing activity at 10988
10:40 Shai : okay
10:41 Shai : stays in the range- (09:35) Shai : 10913 imm support now(09:35) Shai : watching for reaction if any near 10988
10:41 Shai : 10987.5 is highs – (09:35) Shai : watching for reaction if any near 10988
10:42 Shai : spent the better part of the last 75 mins chasing a NEFT between broker and bank
10:42 Shai : what a waste of energy in the morning !!
10:42 K2dt : +100 chief
10:42 Maxis : Hey Chief! Who’s your broker, please?
10:43 Chetas : uday kotak
10:43 Chetas : 🙂
10:43 Maxis : :)#
10:44 Uttam : hope they were finally able to find it Shai 🙂
10:44 Shai : yes got in and I can trade now 🙂
10:44 Uttam : lol
10:45 Shai : so what’s up
10:45 Uttam : no wonder markets were waiting
10:45 Uttam : in a small range
10:45 Uttam : OAOR playing out
10:45 Tejpreet : so let the markets move then Shai.
10:45 Uttam : some good reds build up in BNF since open
10:45 Shai : Kotak – (10:42) Maxis : Hey Chief! Who’s your broker, please?
10:45 Shai : And reason being- ref number not caught in system 🙂
10:46 Uttam : digital
10:46 Shai : Always always keep a screenshot – don’t rely on those emails we are so used to
10:46 Shai : on to D
10:46 Shai : 10913 still a supp
10:47 Prashant : 10913 is coming from??
10:48 Maxis : Thanks for the tip Chief. But of late, Kotak’s app does not allow to take screenchots of the transaction in their app.
10:49 Shai : Fri buyer is 10913
10:49 Shai : holding 10913 we can go back to 10988 again
10:50 Maxis : But first, we got to get to 10913
10:50 Munish : @Shai, if D is below IBL, we should short?
10:50 Prashant : Thanks. How is that seen? Is there a way to see daily 5 min order flow charts? Archives has 30 mins, i think.
10:51 Maxis : No prashant. archive has 5 mins too
10:51 Maxis : go into the blog and u will see.
10:52 Maxis : Forum i mean, not blog
10:52 Prashant : https://vtrender.com/order-flow-charts-dated-17th-july-2020/
10:52 Prashant : i could find this only.
10:52 Maxis : https://vtrender.com/order-flow-charts-dated-17th-july-2020-5-mins/
10:52 Shai : can subject to OF conf- (10:50) Munish : @Shai, if D is below IBL, we should short?
10:53 Shai : market flaoting
10:53 Shai : RR is not good here
10:54 Maxis : 5 Mins is marked 5 mins. 30 mins is not marked anything. Hope that clears.
10:54 Shai : spike rules keep the bias slightly up
10:54 Shai : things change is we get back into friday’s profile and the spike
10:58 Maxis : Cheif, 10913, a buying imbalance which is not yet re-visited or broken?
10:58 Shai : yes
10:59 Maxis : 10500 is the buying value with th e green box
10:59 Shai : the last few mins surge on friday was by guys who knew HDFC well
11:02 K2dt : +1 chief
11:03 Boppanna : Uttam put the green carpet in BNF
11:04 Boppanna : on Friday
11:05 Uttam : lol bops
11:08 Boppanna : Looks like 3IB setup guys trying to hold the NF although looking tentative
11:16 Nirmal : bops ?
11:20 Nirmal : arre koi mujhe batayega ye bops kya hota hai
11:20 Boppanna : Nirmal its my names in short
11:20 Maxis : It’s a typo Nirmal. Let it be
11:20 Uttam : lol
11:21 Nirmal : oh my goodness Boppanna ..Bops …:) great name
11:21 Uttam : spike coming?
11:23 Maxis : How cheeky UG. “Spike Coming?”
11:24 K2dt : speedo is like netflix and chill… @ 73
11:25 Adi : volumes are too low today, no?
11:25 K2dt : yupp
11:25 Maxis : Spike UG
11:25 Ankush Jain : Uttam is it OAIR today?
11:25 Boppanna : OAOR Ankush
11:25 Maxis : OAOR
11:25 Adi : OAOR
11:26 Ankush Jain : sorry OR
11:26 Ankush Jain : is it surely out of range
11:27 Uttam : lets get those poor highs repaired in NF?
11:28 Uttam : need some greens at 10960
11:30 Uttam : greens bola to reds coming 😉
11:30 Maxis : spike on the other side
11:31 Uttam : acha hai
11:33 Ankush Jain : in joinme charts, what is the signifigance of yellow & blue bars of nifty in the LHS
11:35 Jitender : 20k trapped at 360 has gvn his 100 bps
11:35 Shai : flat auction in NF
11:35 Shai : trade small and quick
11:35 Shai : no bias at vwap
11:35 Ankush Jain : saving emotional capital till now
11:35 Shai : blue is HH, yellow is LL- (11:33) Ankush Jain: in joinme charts, what is the signifigance of yellow & blue bars of nifty in the LHS
11:36 Shai : expecting a quick 50 if 10988 is crossed
11:36 Shai : or a 60 below 10913
11:37 Ankush Jain : is it wise to place orders at these levels?
11:37 Maxis : Only wise people should thrade here Ankush.
11:38 Maxis : The other wise whould stay away, IMO
11:38 Ankush Jain : 🙂
11:40 Shai : expecting this to be a 10800- 11100 marjet this week with sl at 10750 now
11:40 Govind : Shai, thaks for adding vol profile to zoom, very cool
11:40 Govind : thanks*
11:40 Govind : with HVN markers
11:41 Shai : _/\_
11:41 Shai : was there but it was grey and feelling left out 🙂
11:41 Shai : now it is announcing itsself in blue 🙂
11:41 Uttam : 🙂
11:41 Ankush Jain : in joinme it is not very clear
11:41 Shai : some one asked about the pink vertcial lines
11:42 Ankush Jain : feeling left out
11:42 Shai : they are your 30 min periods from A to N per the profile
11:42 Ankush Jain : ok
11:42 Ankush Jain : we will have one at 11:45
11:43 Ankush Jain : Shai, this volume profile is for the day?
11:43 Shai : yes
11:43 Uttam : lets get some action as well in F 😉
11:44 Maxis : lagao phone
11:45 Uttam : 10950 again getting a stuck seller?
11:48 Jitender : bnf looks like an island so far 🙂
11:49 Uttam : take your yatch & get there Jit 😉
11:49 K2dt : 😀
11:49 Jitender : yatch,,,lease cancelled by owner ..UG…hez riding the waves now 🙂
11:50 Uttam : wah wah owner to aap hi ho sirji
11:50 Jitender : passed the baton to Eagle Eyes
11:51 Uttam : _/\_
11:51 Uttam : lower test done sellers failing?
11:51 Uttam : lets go higher then?
11:52 Uttam : both need to get above VWAP though
11:52 Uttam : for those reds to get squeezed
11:53 Uttam : je baat
11:54 Rahul : anything to be bought
11:54 Rahul : or we wait
11:54 K2dt : waah UG..10 point dilwa diye 11000ce mei
11:55 Maxis : lagta hai baat ho gayi
11:55 Shai : done- (10:49) Shai : holding 10913 we can go back to 10988 again
11:55 Chandrashekhar : 99K greens shorts SL Shai?
11:55 Shai : now next leg abv 10990 only
11:55 Ankush Jain : above IBH
11:55 Shai : late longs they are
11:57 Ankit : late longs?
11:58 Maxis : Yes, alte longs. Just like we were before we joined here.
11:58 Maxis : late longs *
11:59 Shai : They are linit orders kept in system as a buy abv point
11:59 Shai : they get expecuted in moves of the kind we saw 5 mins back
11:59 Uttam : BNF boom boom
11:59 Rahul : thanks Shai
12:00 Shai : but the market also knows that there may be more demand like that higher, and will try to probe
12:00 Shai : hence we buy abv 10990
12:00 Seshadri : above 10990 NF whats the target shai?
12:01 Shai : 11025/ 35
12:01 Shai : vol has to increase
12:01 Maxis : & sl
12:01 Seshadri : shai do yiu think above 11035 we have clean 200 points nifty oath
12:01 Shai : At 73% this is not a breakout mkt
12:01 Ankush Jain : Thats the March 6th profile
12:01 Shai : sl will be 10967
12:03 Ankush Jain : above 11025, NF has to negotiate the days of 28th FEb-5th March?
12:03 Shai : NF profile charts – https://mplite.vtrender.com/?symbol=NIFTY&tf=daily&tpo=2&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
12:03 Ankush Jain : Shai 10967 is pink band of 11:55 bar?
12:04 Shai : ignore that pink band as o’s abv created it
12:04 Ankush Jain : ok
12:04 Shai : https://mplite.vtrender.com/?symbol=NIFTY_SPT&tf=daily&tpo=6&ll=&ul=&sp=1&startDate=05-03-2020&endDate=09-03-2020&nDays=3&idstr=&dstr=_3&rst=0&iam=
12:05 Shai : Thoe 3 big profiles I told you about in the last webinar
12:05 Ankush Jain : yes
12:05 Shai : we are at the top of the second 1 today
12:05 Shai : in that link
12:05 Shai : keep that link handy- it defines what we are doing here
12:13 Shai : I have some backtest results of the past 12 months for HDFCBank in the BNF
12:13 Shai : some interesting findings there
12:13 Seshadri : sure .. please shre
12:13 Uttam : cool Shai, please open that pandora’s box for us too
12:13 Maxis : u mean the co-relation of the two?
12:13 Shai : whenever HDFCbank leads the BNF on upside or downside, neither the BNF or the HDFCbank gives up gains
12:13 Shai : results returned 92% match rate
12:14 Shai : for instance today – HDFC up and BNF up
12:14 Shai : 92% we will finsih up in both
12:14 Seshadri : so what would be BNF target
12:14 Ankush Jain : they move in cohesion?
12:14 Shai : yes
12:15 Maxis : BNF working on telepathy mode, RB already
12:15 Shai : in BNF 22447- 22550 is a stubborn seller today
12:15 Ankush Jain : it carries 35% weightage in BNF
12:15 Shai : in my voiw that is a heavy supply zone
12:16 Shai : balance check with Uttam and Jit as they trade it more actively
12:17 Prashant : Pink band signifies?
12:17 Uttam : seller imbalance
12:17 Maxis : large imbalance
12:18 Jitender : Perfect analysis chief +100
12:18 Uttam : but this one came as buy side has 0s so can ignore the pink
12:18 Uttam : and look at the 0s for supply
12:18 Prashant : Imbalance is to read diagonally, right?
12:18 Uttam : 10970
12:18 Maxis : yes
12:18 Uttam : 3525 seller versus 0 buy
12:18 Jitender : Have 22649 also marked in my charts as resis
12:18 Uttam : those 0s getting filled so pink band goes
12:19 Tejpreet : Jit bn test of open and A singles could be a buy with say 40-50 point sl ?
12:19 Uttam : 22430 was an extension hanfle from last monday & BNF negotiating the supply there
12:19 Jitender : Tej if it bounces wit LLT supp
12:20 Tejpreet : +1
12:20 Jitender : else 960 better
12:20 Uttam : BNF looks good as far as stays above 22274
12:20 Uttam : PLR up
12:21 Uttam : take that 22430 out and we can get new hgihs in it
12:21 Uttam : yes as Jit said 22650 imp ref higher
12:22 Uttam : similar kind of auction which we had on Thursday & Friday
12:22 Maxis : VWAP held with RB. Vols missing
12:22 Uttam : A perod singles narrow balance for day and close in sike
12:22 Uttam : spike*
12:23 Uttam : but today we may get a extension earlier if Bops gets his hammer to the show
12:25 Boppanna : Biased for 22100 check if fails to take out 450 in BNF
12:28 Tejpreet : Bops can we do your 450- uttam/jit’s 650 and then 100 🙂
12:29 Jitender : all fingers in ghee.is Tej’s staple diet :
12:29 Boppanna : sure not today tomorrow and day after
12:29 Boppanna : *why not
12:31 Tejpreet : Jit we have a slick machine here at Vt so why not make the most of it 🙂
12:31 Boppanna : +100 Tej
12:31 Jitender : +1 🙂
12:36 K2dt : dax futs fell 100 and nifty didn’t even flinch 🙂
12:40 Shai : G has nor crossed A
12:40 Shai : will OTF return for close?
12:41 Shai : now have my doubts
12:41 Uttam : H period coming up 🙂
12:41 Shai : sppedo at 71
12:41 Chetas : Speedo at 71 means?
12:41 Uttam : vols below average
12:41 Maxis : low volumes
12:41 Shai : no OTF
12:41 Ankush Jain : 11000 a pshychological barrier too?
12:42 Shai : 🙂
12:42 Uttam : and why is BNF stalling Ankush 😉
12:42 Shai : maybe waiting for the T shirts to reach the studios 🙂
12:42 Milind : AGR case today , waiting for that ?
12:42 Maxis : RB, IB candles with similar lows
12:42 Uttam : H period looks like will srat with a bang
12:43 K2dt : ghee shakkar UG 🙂
12:43 Ankush Jain : Uttam I don’t follow BNF much
12:43 Uttam : I was talking about physoclogical barrier 🙂 Ankush
12:43 Ankush Jain : 🙂
12:43 Uttam : lol -(12:42) Shai : maybe waiting for the T shirts to reach the studios 🙂
12:44 Maxis : what T-Shirts Chief?
12:44 Uttam : BNF forming a prominent POC so far at 22340
12:44 Maxis : u going to send us VTR T-Shirts as uniforms ?
12:44 Uttam : VWAP in both a straight line
12:45 Ankush Jain : yes
12:45 Ankush Jain : thanks for the input
12:45 Ketan : ha ha ha shai ., on the t shirt comment
12:45 K2dt : one side will be hurt badly if vol rises
12:46 Govind : probably waiting for that AGR outcome Uttam
12:47 Himanshu : T shirt of 11,000
12:47 Himanshu : They might use old one ,,
12:48 Maxis : i did’nt get the T-Shirt thing?
12:48 Ankush Jain : lockdown mein sabke sizes upar neeche ho gaye
12:48 Maxis : 🙂
12:48 Ankush Jain : old ones kaam nahin aayengi
12:48 Ankush Jain : @Maxis, when Nifty breached 11k ist time, the studio guys celebrated by 11000 t shirts
12:49 Ankush Jain : maybe CNBC I think
12:49 Maxis : ok thanks AJ.
12:50 Neeraj : abovementioned sppedo at 71 implies vols below average. where can i see Sppedo and what is the interpretation of different numbers??
12:50 Maxis : I’ll buy some plain T’s and have a few colourful markers by the side.
12:51 Ankush Jain : any t-shirt requirements can be fulfilled at my end
12:51 Ankush Jain : 🙂
12:51 Maxis : Speed at individual 5 mins charts. 80+ is workable
12:51 Aditya09 : neeraj the speedo meter is on the zoom chart nd join me
12:52 Maxis : requirements? u mean whatever that i wish to have printed on the T’s?
12:52 Adi : how many here seen Nifty below 2000?
12:52 Neeraj : ohh…ok
12:52 Neeraj : thanks
12:54 Maxis : VWAP almost a flat line since 10:45
12:54 RiteshM : me nifty below 2000 in 2004 2005
12:54 Maxis : For NF since after first 15 mins
12:55 Adi : @Ritesh, Nifty was never below 2k after 2003
12:57 Maxis : aaya
13:00 Adi : Today Day Type seems Normal Day so far?
13:02 Uttam : that 26k red seems to be a SL of longs in BNF
13:02 Rajesh G : i have seen and traded Nifty at 850
13:03 Rajesh G : while working for institutions
13:04 K2dt : 850 that’s great..which year was it?
13:04 Chandrashekhar : Wow..awespme Rajesh
13:04 Chandrashekhar : awesome*
13:05 Shai : charts fine?
13:05 K2dt : y
13:05 Jitender : ys
13:05 Sumeet : perfect
13:05 Neeraj : yes
13:05 Himanshu : Y
13:05 Adi : yes chief
13:05 Uttam : yes Shai
13:05 Anuj : Y
13:05 Rajesh G : 1996-1997
13:06 Shai : okay
13:06 K2dt : long long time back 🙂 Rajesh
13:06 Adi : Nifty Futures were introduced in 2001, if I recall correct
13:06 Himanshu : UG – Arey Bhai Karna Kya Chahte Ho
13:07 K2dt : H ……….
13:07 Himanshu : Belly Full before Lunch Time – BNF
13:08 Himanshu : Seems Speedometer lock karke – sab so gaye hain
13:08 Uttam : 6 more mins for H to complere
13:08 Himanshu : Ok
13:08 Himanshu : Jaisi Aapki Agyan
13:08 Adi : Cruise Control 🙂
13:08 Maxis : G bhi gaya aur H bhi gaya. :{
13:11 Jitender : Gov in fav of longer tenure fr 1 time restructurn of loans
13:12 Uttam : 2 more mins for H 🙂
13:12 Uttam : lets get the new highs
13:12 Jitender : brainstormn sessions underway at PMO
13:13 Shai : for all or only corporates?
13:13 Jitender : no details
13:13 Jitender : just broke on tv
13:14 Shai : ok
13:14 Shai : watch the BNF then
13:14 Uttam : roofing going on on NF 🙂
13:14 Chandrashekhar : does anyone know details on AGR?
13:15 Vyom : agr hearing from 2 pm
13:15 Chandrashekhar : thanks Vyom
13:16 Uttam : BNF held this – (12:20) Uttam : BNF looks good as far as stays above 22274
13:16 Uttam : now needs to trst that 22430
13:16 Tejpreet : 21k over excited part boking done , let;s get 450 now.
13:17 Uttam : 31k that was Tej
13:17 Uttam : my bad
13:18 Uttam : that 21kgreen is the red fellow at 22286?
13:19 Tejpreet : looks like
13:21 Anuj : he covered right?
13:21 Anuj : stuck shorts at bottom
13:22 Shai : yes
13:22 Shai : no longs here
13:22 Ankush Jain : abv 10988?
13:22 Irfan : zeroes at top what does it indicate?
13:22 Anuj : ok
13:22 Anuj : thnx shai
13:23 Shai : can drop[ to 10940 , 10 point sl on these reds of 10998 cmp 10985
13:24 Maxis : charts stuck?
13:26 Chandrashekhar : @Shai, whats 940 ref ?
13:26 Chandrashekhar : how did you arrive at this?
13:27 Boppanna : A Singles
13:27 Uttam : morning singles
13:27 Shai : RB at 10.30
13:27 Adi : +1
13:28 Chandrashekhar : +1, thanks Shai/Uttam/Bops
13:28 Uttam : both NF & BNF have 0s at top
13:29 Uttam : can they taken them out?
13:29 Uttam : BNF tested 22274 & 22430 both
13:31 Tejpreet : that was quick +100 Shai
13:31 Shai : 10945- book full- (13:23) Shai : can drop[ to 10940 , 10 point sl on these reds of 10998 cmp 10985
13:31 Tejpreet : 166 was my entry in 11k pe
13:31 Shai : OF is OF
13:31 Rahul : Shai … whopper
13:31 Chandrashekhar : +100 SHai..for levels
13:31 Tejpreet : 195 out with sl 175 on rest
13:31 Ravi : +1000 Shai
13:31 Shai : 11100 ce short 52 to 32
13:32 Chintan : +100 shai
13:32 Ketan : +1 shai
13:32 Jitender : +1
13:32 Uttam : 11000pe from 118 to 136
13:32 Boppanna : 400-180 BNF 450 ref held
13:32 Ankush Jain : shorted 11000 ce
13:32 Anuj : thnx shai took it
13:32 Rajesh G : superb shai 10985 to 10930
13:32 Shai : ++
13:32 Jitender : 22.2pe 181-244
13:32 Boppanna : +1 Jit
13:32 Chandrashekhar : Shai despite of this fall speedo is intact..
13:33 Jitender : tx B
13:33 Uttam : 0s at top doing the trick
13:33 Indarpal : super trade shai
13:33 Uttam : yet another live example of the 0s
13:33 Chandrashekhar : does that mean no new vols added…existing business made this move….long liquidation?
13:33 Boppanna : +100 Shai OF rocks
13:34 Uttam : more to come looks like
13:34 Uttam : FA confirmed in NF
13:34 Uttam : I is all over the place
13:34 K2dt : 113-141 11000pe
13:34 K2dt : thnx for the timely update chief _/\_
13:34 Uttam : not staying below IBL too
13:34 Aditya09 : super
13:35 Uttam : 1L guy booked for 50 points
13:35 Uttam : 10987-10930
13:36 Uttam : back to ping pong?
13:36 Shai : was 70 to 79- (13:33) Chandrashekhar : does that mean no new vols added…existing business made this move….long liquidation?
13:36 Shai : wait for follow up vol
13:36 Uttam : 1L seller got in & got out booking profit?
13:36 Adi : Today’s trade logic was crystal clear
13:37 K2dt : speedo still at 80 NF
13:38 Vishnu : almost 2 dt nearing
13:38 Maxis : pls explain Adi what u figured, so i know i too read it correct.
13:38 Vishnu : qucik trade +100 shai for that call
13:38 Shai : +1
13:38 Shai : vwap calling
13:38 Shai : 10925 sl
13:39 Munish : What was the indicator for fall from 985?
13:39 Adi : I extension failed above IB. meant that a proble lower was likely with a SL of 10 pts
13:39 Shai : +1
13:39 Uttam : I period did a C today that too on both sides 🙂
13:39 K2dt : +100 UG
13:39 Shai : conf came from 0’s . pink band and the big seller
13:39 Uttam : failed on to gave new lows & failed at lows noe givign VWAP
13:40 K2dt : the holy trifecta chief 🙂
13:40 Shai : was actually a no brainer trade – break and butter for regulars here
13:40 Tejpreet : Shai that seller is out now
13:40 Uttam : there were no vols from morning & in that break of IBH we got a 1L seller
13:40 Shai : +1 K2dt
13:40 Munish : Okay, thanks
13:40 Uttam : 0s at top
13:40 Uttam : looks like Tej, he booked for his 50 points
13:40 Shai : ye Tej, he also knows it is open auction
13:40 Shai : smart guy
13:41 Uttam : but lot of other longs got hurt
13:41 Govind : Uttam, that EH @ 430 did its thing 🙂
13:41 K2dt : :))))
13:41 Uttam : yes Gov 🙂 and Bops almost got his 22100
13:41 Rajesh G : shai why it was so quick
13:41 Govind : Yeah he did +100
13:42 Tejpreet : tks Chief
13:42 Shai : vwap liquidated Rajesh
13:42 Shai : goes to show how quick traders have become
13:43 Adi : SL taken out
13:43 Maxis : I extn faliure is confusing, till it actually happens. What i understood from the explainations above is IB extention got a seller with 0’s on top.
13:43 Maxis : would that be more precise?
13:43 Adi : @Maxis, I extended beyod IB but was met with large sellers and price returned to IB
13:44 Shai : yes was clear and mentioned alsi- (13:22) Shai : no longs here
13:44 Maxis : OK. TY all for the brief. 🙂
13:44 Sanjib : room chart stuck?
13:44 Maxis : charts lagging
13:45 Adi : Neutral day now ?
13:45 Uttam : NF can go for that 10800 test Shai?
13:45 Uttam : if does not get back above VWAP
13:46 Rajesh G : ok thanks shai
13:46 K2dt : taking long to get to vwap UG
13:46 Uttam : 10995 to the dot so far – a) NF needs to scale above 10932 & sustain for a rise to 10965-995 / 11033-055 / 11097-114 & 11133-165
13:46 Rajesh G : shai your logic with OF confirmation is just extraordianry,
13:47 Shai : book if in – (13:38) Shai : vwap calling
13:47 Rahul : shai can u please increase the font size
13:47 Shai : 10913 sl for all longs if any in
13:48 Shai : Auction moves to K for conf
13:48 K2dt : K and L have been the defining periods since last few sessions chief
13:48 Rahul : thanks
13:49 Tejpreet : Shai NF swing sl for longs?
13:50 Shai : 10750 now
13:51 Rahul : really shai ? aane do
13:51 Rahul : 🙂
13:51 KK : SL*
13:51 Uttam : it is SL of positional longs Rahul
13:51 Uttam : Shai did not mean it will come today 🙂
13:51 K2dt : yes Rahul.. u want 750 today itself 🙂
13:52 Seshadri : 10750 NF??
13:52 Rahul : not now, ofcourse.. yes UG aware, just light moments
13:53 KK : UG clarified quickly hoping you have not loaded on shorts..:)
13:53 Rahul : haha, not at all.
13:53 K2dt : lol KK
13:53 Rahul : Thanks guys
13:55 Adi : we were doing 200 pts on NF not too long ago
13:57 Jitender : 2 pm SC HRN TIME
13:57 K2dt : yes JIt
13:57 K2dt : will it take long?
13:58 Jitender : dunno tat k 🙂
13:58 Jitender : at home
13:58 K2dt : np Jit 🙂
13:58 Tejpreet : tks Shai
13:58 Govind : u want a quickie Kushal 🙂
13:58 Ankush Jain : I made REs both side
13:58 K2dt : lol Gov.. aayega to apan ko koi problem nai 🙂
13:58 Jitender : Gov….off screen u mean 🙂
13:58 Uttam : nice Ankush 😉 you made those REs
13:59 Ankush Jain : 🙂
14:00 Ankush Jain : I shorted right at top and made it go below IBL
14:00 Ankush Jain : 🙂
14:00 Govind : Jit, i hope so 🙂
14:00 Jitender : hehe
14:00 Uttam : swipe on upside now
14:00 Adi : what just happemed
14:00 Uttam : crazy BNF
14:00 Sanjib : what happened?
14:00 Rahul : what happend
14:01 K2dt : lol
14:01 Uttam : 10020
14:01 Uttam : 11020
14:01 Uttam : FA at lows also NF ;-p
14:01 Govind : may be Kushal got his decision guys
14:01 Uttam : 1.5 IB done
14:01 Tejpreet : but cot is 2.5 l red
14:01 K2dt : :DD Gov
14:02 Uttam : FA at 10921 now
14:02 Jitender : hv coffee in my hand…kept tem engaged 🙂
14:02 Vyom : did someone get agr verdict now
14:02 Uttam : headed higher both now
14:02 Uttam : retail bruised & out
14:02 Rahul : indeed
14:02 Uttam : big guys will takek it away now
14:02 Tejpreet : +1
14:02 Vyom : speedo also above 100 now
14:02 Ankush Jain : Vtrenders too I suppose
14:04 Uttam : Spot not making new hgihs
14:05 Uttam : as of now
14:05 Ankush Jain : lots of 0s in prev bar NF
14:05 Uttam : but headed towards it looks like
14:05 Ankush Jain : BN too
14:05 Uttam : BNF did not make new highs Ankush only NF did
14:05 Adi : Lot of 00’s near VWAP also
14:07 Uttam : 11033 please?
14:07 K2dt : 11035 now NF
14:07 K2dt : +1 UG
14:07 Uttam : needs to take out those 0s from 11010
14:10 Uttam : if Spot makes new highs then we could be headed to 11095 today
14:11 Shai : Buy 111000 ce for 69 sl of 44
14:11 Uttam : 🙂
14:11 Shai : NF can do 11063
14:11 Chetas : 11000 or 11100 ?
14:11 Uttam : 11100ce
14:12 Swapnil : is it buy above 69? CMP 59
14:13 Chandrashekhar : it was buy for tgt 69 Swapnil
14:13 Swapnil : 🙁 🙁
14:13 Swapnil : sorry,
14:13 Swapnil : just not reading it right (embarrassed)
14:13 K2dt : chief tgt for 11k ce?
14:14 Jitender : any guesses wat made UG smile..wen Shai gave the call ? (14:11) Uttam : 🙂
14:14 Sanjib : 69
14:14 Uttam : lol
14:14 Jitender : u know him well 🙂
14:14 Uttam : it eas not that
14:14 Sanjib : 🙂
14:15 Aditya09 : 53k red
14:15 Uttam : I just mentioned Nifty can go for 11095 and sha gave the CE call 🙂
14:15 Sanjib : RS at 11020
14:15 K2dt : 69 😀
14:15 K2dt : right Jit?
14:15 Jitender : K..do u need confirmation 🙂
14:15 Shai : 11000**- (14:11) Shai : Buy 11000 ce for 69 sl of 44
14:16 K2dt : llool
14:16 Uttam : BNF at 22430
14:16 Uttam : stalling again
14:16 Uttam : if that goes can boom
14:17 Uttam : FA confirmed in Spot at 10953
14:17 Jitender : yh BoPs standing tere with a bat…abv it…650
14:17 Uttam : 21k green there again
14:18 Uttam : 11044 is 2 IB
14:18 K2dt : let’s get that speedo to 100 now
14:18 Uttam : 11072 is 1atr from 10921
14:21 Sachith : another doom doom in bnf?
14:21 Uttam : prominent POC acting as a magnet
14:23 Boppanna : BNF has been a darling in and lucky in giving that drop to 22160 won’t ask more of her today
14:24 Uttam : 11000ce from 96-103
14:25 K2dt : congrats UG 🙂
14:25 Uttam : this time if BNF takes that 22430 out we can spike yet again
14:25 Uttam : into the close
14:25 Boppanna : +1 Uttam..
14:26 Boppanna : 3 spike closes in a row Uttam a rare occurance?
14:26 Uttam : yes Bops that in same direction 🙂
14:30 Rahul : Two IS multiple 00 at tops,
14:31 Uttam : 30k red at lows
14:31 Uttam : and 24k red at lows
14:32 Uttam : POC shifting lower in both bars
14:32 Uttam : and we have that 51k green at top too
14:33 Uttam : 11 more mins for the spike period to start
14:33 Uttam : BNF needs to move
14:33 Nirmal : uttam can we buy 10900 ce
14:35 Uttam : if NF gets back above 11020
14:35 Uttam : and BNF breaks above 22430
14:36 Uttam : else we could close as Neutral Cen tre in NF & Normal day in BNF
14:36 Uttam : NF wants NeuX though
14:37 Uttam : wake up BNF
14:37 Uttam : Monday is here so please shrug off your weekend hangover 😉
14:37 Uttam : je baat
14:39 Uttam : 5 more mins
14:39 Shai : reduce at 55- (14:11) Shai : Buy 111000 ce for 69 sl of 44
14:39 Shai : sl at 50 on rest
14:39 Shai : vol expanded in that 1 bar at 2 but sice then it is gone down
14:42 Swapnil : AGR case hearing not started yet due to virtual court issues.
14:43 Uttam : L period starts
14:44 Jitender : dpoc has gotten fat
14:44 Uttam : from morning it is Jit in BNF
14:44 Jitender : bnf
14:44 Jitender : 🙂
14:46 Fenil : too much of volatility today
14:47 Uttam : BNF has not even extended IB today Fenil 🙂
14:47 Uttam : only 351 points
14:47 Uttam : importaqnt zone this is so looks like big fight is on
14:48 Shai : 10968 sl from here
14:48 Uttam : Jit spike de rahe ho?
14:49 Jitender : its waitn fr hearn..i suppose
14:49 Jitender : spx has recvrd
14:49 K2dt : yes Jit ..flat now
14:50 Uttam : hmmm ok Jit
14:50 Jitender : its started
14:53 Prashant : That 2.00 p.m bar at high volume, had 0s on top and -2L COT and an IB. Is that consistent in itself and with a Long?
14:54 K2dt : IB ne nikalo nifty spot ko
14:54 K2dt : se*
14:55 Prashant : The videos on order flow do not cover the rules of the system. Is there anything else too? thanks
14:56 Uttam : you have another omnovia link in your mail which has the link to the ruls of OF concepts
14:57 Uttam : link to the video which has the rules of the OF concepts
14:58 Indronil : is it safe tocarry forward longs if we didnt get the desired levels by losing ?
14:58 Prashant : There were 2 links, explaing OF, IB,RB, etc. Both covered almost similar ground. Apart from these, I did not find oter links. Will check again.
14:58 Indronil : closing*
14:58 Naresh Dubbudu : Can you share that omnovia link here once Uttam?
14:58 Uttam : it comes as an email to all members
14:59 Uttam : so please check the mails which you have received
14:59 Swapnil : “Senior Adv Mukul Rohatgi urges Senior Adv Dr Abhishekh Manu Sighvi to switch off his mic”Dr Singhvi, the Rajasthan HC hearing (in Sachin Pilot’s case) can be heard. Please mute your mic.” ”
14:59 Vishnu : closed the dukan with 2 dt
15:00 Uttam : congo Vishnu
15:00 Sanjib : Great Vishnu
15:00 Shai : That 2 pm bar is an out lier , had buyers and sellers both and the range is almost the day range there
15:00 Shai : can’t apply any rules to outliers
15:00 Govind : Congo Vishnu
15:00 Tejpreet : +1 Vishnu
15:00 Govind : Sanjib C, how goes it?
15:01 Sanjib : @Gov Good, but first preference is always Earnings trade. I get free by 10:00 AM
15:01 Aditya09 : even i did not receive any omnivia link
15:02 Govind : Of course!
15:02 Prashant : Nothing on omnivia
15:02 Prashant : ok @ shai
15:03 Prashant : @shai, but what makes it a buy? POC in the middle and 0s on the top.
15:03 Vishnu : thanks all
15:03 Sanjib : Last three bars in NF have 11000 as POC
15:04 Anuj : there is link plz check
15:04 Anuj : i received it
15:05 Aditya09 : can you share that link on slack thanks
15:07 Anuj : in your mail do you have title how do I read order flow
15:07 Shai : last trade in for 11050 close
15:07 Anuj : there is link for two webinars
15:07 Shai : same sl
15:08 Shai : COT has been decent since that 2 pm bar
15:08 Aditya09 : yes that i have watched i thought there is something other than that thanks
15:09 Shai : guys check the mail from Vtrender trading room recived oin your joining date
15:09 Shai : has 5 links at the bootom
15:09 Shai : bottom
15:09 Shai : the video there has rules on OF setups
15:09 Sadees : shai, 10968 as SL?
15:10 Ankush Jain : i ahve a,b & a,b
15:10 Ankush Jain : then a again
15:10 Ankush Jain : these are 5 links?
15:11 Shai : yes- (15:09) Sadees : shai, 10968 as SL?
15:11 Sadees : sure, thanks shai
15:11 Uttam : we have 2 links under the heading How do I read the ORderFlow
15:11 Uttam : those are the 2 videos
15:12 Uttam : please check the welcome mail links is what is told to every new member along with the Training Library videos
15:12 Uttam : all the info out there is gold
15:13 Uttam : NF spiking
15:13 Tejpreet : Uttam spike kahan hai …or you want gap up into the invisible single prints mentioned in weekly reprts
15:13 Tejpreet : uttam timing 🙂
15:13 Uttam : 🙂
15:13 Uttam : BNF holding it back Tej
15:14 Uttam : let BNF make up its mind
15:14 Rahul : Judge maan nahi raha hai
15:14 Shai : sl raised to 11001
15:14 Tejpreet : Jit is holding coffee today rather than bn :0
15:14 Shai : time is running out
15:15 Shai : placed exit order at 11029
15:16 Swapnil : Judges are still stuck on simple things like – you are a foreign company we cant trust you, why are you still doing business, threatening that we will make you pay evertyhing right now etc etc
15:17 Swapnil : Do they want to make a decision or just vent and rant :p
15:17 K2dt : lol back to 90s
15:18 Shai : 🙂
15:19 Shai : make exit 11009
15:19 Jitender : Tej..mtm n capital intact…coffee spent 🙂
15:19 Shai : 🙂
15:20 Uttam : Nifty spot making new highs
15:21 Tejpreet : That was 14.02 message Jit you are a patient guy 🙂
15:22 Jitender : _/\_
15:22 Tejpreet : Have done 14 trades in that period and generated just .1 dt ….might have been a better idea to sip coffee with you !!
15:22 Jitender : wow
15:22 Govind : 🙂
15:22 Jitender : but u gt 1+
15:22 Jitender : congrats
15:23 Tejpreet : tks
15:23 Jitender : 1.54pm my last trade
15:24 Tejpreet : +1
15:25 Jitender : all were bnf n nf trades Tej ?
15:25 Tejpreet : only nifty options
15:26 Tejpreet : 11k monthly ce
15:26 Jitender : grt
15:28 Shai : looks like a flat open coming up
15:28 Shai : 10970 will be supp to watch tom
15:28 Uttam : dPOC wants to move higher to 11010 Shai?
15:28 Rajesh G : straddle shai
15:29 Shai : can – be quick to manage it
15:29 Shai : has shown early signs of a balance today
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Tejpreet : agr news might make it tough to manage ?
15:29 Shai : post the imbalance of friday\
15:29 Rajesh G : ok thanks shai
15:29 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all !!!
15:29 Tejpreet : Bye All.
15:29 Neeraj : thanks all
15:29 Shai : Bye all
15:29 Rohan : Thanks All
15:29 Himanshu : bye all
15:29 Rohan : Bye All
15:29 Shai : Have a good evening
15:29 Boppanna : thx and bye all
15:29 Adi : Thanks all. Good Evening
15:29 Rajesh G : bye all
15:29 Avinash : Bye everyone
15:30 Manikandan : Bye all
15:30 Anuj : bye all
15:30 Sachith : bye everyone
15:34 Aditya09 : bye all
09:03 Uttam : a) NF needs to scale above 10932 & sustain for a rise to 10965-995 / 11033-055 / 11097-114 & 11133-165
09:03 Uttam : b) The auction below 10896 can test lower levels of 10880-866 / 10834-810 / 10798-769* / 10739-713 & 10681-650*
09:03 Uttam : a) BNF needs to sustain above 22030-50 for a rise to 22116-180* / 22236-308 / 22380-448 / 22543-580 & 22675
09:03 Uttam : b) The auction accepting below 21930 could test 21885-827 / 21760-645 / 21570-513 / 21450-360 & 21300*-240
09:08 Shai : (09:06) Shai : NF closed as a spike on Friday with spike highs of 10936 and lows of 10859(09:06) Shai : spike rules apply at the open(09:06) Shai : larger profile is still a gaussian in the weekly with a POC at 10795. Only a move abv FRi highs can confirm an imbalance(09:07) Shai : imm ref areas for the NF are the spike zones. Expect an auction in the spike(09:08) Shai : BNF spike zone is 21867- 22080(09:08) Shai : same rules apply