Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.
Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF
BNF
Room Chat
09:46 Shai : (09:46) Shai : Intra – Buy BNF 30220 sl pf 30090 tgt 30445.
09:57 Shai : BNF at 20290. Book half here
10:05 Shai : (10:05) Shai : Book the BNF longs fully at 30340
10:11 Shai : (10:10) Shai : Buy 11700 call at 177 sl of 130 tgt 243/ 265
12:28 Shai : (12:28) Shai : Update – reduce 50%25 in 11700 call at 213 here and ride the rest at cost 177.
14:03 Shai : (14:03) Shai : Update – 11700 call at tgt of 266. Conservtive can book fully or hold with a TSL of 233 for 315 in it.
14:15 Shai : (14:14) Shai : Buy BNF again 30760 sl of 30630 tgt 31062.
14:20 Shai : (14:20) Shai : Book the BNF fully 30820
14:34 Shai : (14:34) Shai : Update – Book out the 11700 call fully
08:59 Vtrender Live : option charts – https://join.me/323-252-606
09:02 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/189475205
09:03 Shai : https://vtrender.in/market-profile-analysis-dated-17th-may/
09:03 Rahul Desai : GM all
09:03 AN : GM all
09:03 Shai : https://vtrender.in/weekly-charts-13th-may-to-17th-may-and-market-profile-analysis/
09:03 Uttam : Good Morning All 🙂
09:04 Ashutosh : GM all
09:04 Deepak : Gm
09:05 Hiren : good morning all
09:05 Shai : 11656 spot and 29850 spot are 2 levels to watch at this open today
09:06 Thanika : GM all
09:06 Shai : the markets would stay bullish if they continue building volume above these 2
09:06 Amjad : gm all
09:06 Shai : Poss upsides in that case are 11865 spot and 30689 BN spot
09:07 Shai : bears come back if the 2 pivots are broken in second half
09:07 Jitender : Gm Folks 🙂
09:07 Manish : gm everyone
09:08 Jitender : bnf 800 up…awsum
09:09 Deepak : one of thse days when i regret having closed my long positions on friday
09:09 Deepak : gm all
09:10 Himanshu : GM all
09:11 Anubhav null : congrats to all postional bulls
09:12 Jitender : traders….
09:13 Anubhav null : swing
09:13 Anubhav null : 🙂
09:14 Manish : always good to have small lottery trades for such events ?
09:14 Jitender : vix 19
09:14 Psandeep : Gm All
09:15 Anubhav null : gap is now the res in nf
09:16 Anubhav null : no volume in deep otm puts
09:16 Psandeep : Gm All
09:18 Uttam : profit booking by longs or fresh shorts here in NF
09:18 Uttam : huge negative COT
09:18 Psandeep : Shai any view on this, holding 6k at average 44. Price now 90+. Trade plan is to book wednesday by closing. Should hold till wed or book ?
09:18 Psandeep : Any thoughts
09:18 Psandeep : 12k ce
09:19 Anubhav null : profit booking happening risk reward not in favor of new longs i think
09:19 Shai : too early for a positional view
09:19 Shai : new positional view
09:20 Shai : 11656 spot my number for today
09:20 Shai : allow 30 eaither side
09:20 Shai : I’m not bullish if that is not taken out and s ell off expetced last hour
09:21 Shai : the market got the exit polls right
09:21 Anubhav null : gr8
09:21 Shai : now it would think ahead
09:21 Psandeep : ok will keep an eye and decide. Thanks Shai.
09:22 Jitender : 15:29 Jitender : just drop vix on Monday n it will be sheer fun
09:22 Jitender : option buyrs screwed
09:22 Jitender : vix 19-22
09:23 Jitender : so as usual insti guys win
09:24 Psandeep : Jit result still ahead, good opportunity for risk takers ?
09:25 Anubhav null : here goes the sgx lows
09:25 Uttam : 21L vols in NF so far
09:25 Anubhav null : damn fiis dumping again
09:25 Jitender : Psandeep let it come down
09:25 Jitender : 2 skewed rite now
09:25 Jitender : scalp if u have 2
09:26 Jitender : no shrts tere fr SC
09:26 Psandeep : +1 Jit
09:26 Jitender : so fresh buyn has 2 cum else it comes dwn fr dip buyrs
09:26 Anubhav null : crashing
09:27 Shai : not yet
09:27 Shai : BNF is bullish
09:27 Shai : setting up into a open rejection
09:28 Psandeep : haha straight lines http://www.traderscockpit.com/?pageView=live-nse-advance-decline-ratio-chart
09:28 Shai : Friday shorts have not given up yet
09:29 Anubhav null : ok vwap taken so cant go long here either na?
09:29 Shai : can do 11526 F
09:29 Hiren : 11550 in way?
09:29 Anubhav null : 11550.was breakdown point spot
09:30 MJ : Shai thanks for adding day cot in 30 min room charts 🙂
09:30 Shai : watch out 11526 F
09:32 TP : GM All.
09:33 TP : Shai these reds are the friday buyers booking out or fresh shorts …….(09:21) Shai : the market got the exit polls right
09:35 Anubhav null : some rb finally
09:35 Amjad : hi uttam hi qt+0, qt+1 what does this indicates in heatseaker
09:36 Uttam : qt+0 is entry level
09:36 Uttam : qt+1 is first target
09:37 Uttam : qt+2 is final tgt
09:37 Amjad : ok thankx
09:37 Uttam : same with q-0 also
09:37 Seema : hI.. uttam, this is yogesh, finally able to attend trading room.
09:37 Uttam : welcome Yogesh 🙂
09:38 Seema : I will tell my reading, correct me if i am wrong.
09:39 Govind : Charts keep disappearing guys
09:40 Shai : charts are fine
09:40 Uttam : working fine Govind
09:40 Shai : anyone with issues?
09:40 Ashutosh : no
09:40 Ashutosh : charts are working fine
09:40 Govind : Ok, I will refresh again
09:43 Jitender : b careful guys…u will get 100 pt bnf swings in mins 2day
09:43 Shai : vol of A is highest of series
09:43 Jitender : choose yr entry v carefully
09:44 Thanika : could a straddle give some gains in such a swing?
09:44 Jitender : vix reducn
09:46 Shai : Intra – Buy BNF 30220 sl pf 30090 tgt 30445.
09:50 Shai : early sellers out in NF also now
09:51 Jitender : 3024-250 was also sellrs
09:51 Jitender : 244
09:52 Jitender : clrd
09:52 Uttam : Shai on the 5min OF charts can we have the POC vol instead of the vol box at bottom as vol anyways displayed at top too
09:53 Shai : let’s stay with vol for this week , will revert later
09:53 Uttam : ok Shai
09:54 Shai : spot on – Nice work – (09:35) Anubhav null: some rb finally
09:56 MJ : Uttam earlier FA was at 11695 and 11692?
09:57 Shai : BNF at 20290. Book half here
09:57 Shai : same selelr trying to come back in NF also
09:58 Uttam : yes Mihir
10:00 Shai : taken out- (09:57) Shai : same selelr trying to come back in NF also
10:05 Shai : Book the BNF longs fully at 30340
10:05 Uttam : sellers in NF being squeezed out?
10:05 Uttam : greens at top of 5min bards
10:05 Manish : uttam, the number in yellow at top of 5 min chart is volume. Is it no of lots or absolute number ?
10:05 Shai : yes all greens now
10:06 Uttam : 5mins has conecutive Ib also
10:06 Boppanna : +1 Shai.. Nice opening trade for the week
10:06 TP : Good one chief !..(10:05) Shai : Book the BNF longs fully at 30340
10:06 Thanika : +1
10:07 Uttam : yep +1 Shai
10:07 Uttam : (10:05) Manish : uttam, the number in yellow at top of 5 min chart is volume. Is it no of lots or absolute number ? it is total vol
10:07 MJ : RO point calling?
10:07 Manish : thnx
10:10 Uttam : C side ext 😉
10:10 Shai : Buy 11700 call at 177 sl of 130 tgt 243/ 265
10:11 Shai : still big greens as we move into the thick bigh composte abv
10:12 Shai : make or break here but worth the risk with rhe call
10:13 Jitender : 30k ce 700-814 (09:51) Jitender : 3024-250 was also sellrs(09:51) Jitender : 244(09:52) Jitender : clrd
10:13 Jitender : vwap up rchd
10:13 Jitender : tx Shai
10:13 Jitender : brilliant call….
10:13 Jitender : helped me buy
10:13 Shai : +1
10:15 Uttam : 11770 coming today?
10:15 Shai : This composite tgt is 11856/ 11910 jfyi- (10:11) Shai : still big greens as we move into the thick bigh composte abv
10:15 Uttam : 🙂
10:16 Uttam : (10:10) Uttam : C side ext 😉
10:17 Uttam : 30825 coming in BNF Shai?
10:18 Anubhav null : rs
10:18 Anubhav null : in nf
10:18 MJ : 11718 thus far (10:07) MJ : RO point calling?
10:19 MJ : Aye aye! Uttam 🙂
10:23 Jitender : Shai…supp lvls in both now for ID ?
10:25 Shai : 11650 and 30220 still
10:25 Shai : BNF is now stretched
10:25 Jitender : tx
10:26 Shai : dip to 30320 still may be a buy
10:37 Jitender : bnf did 1000
10:40 Jitender : c extn
10:43 Boppanna : Jit u mean 100?10:37 Jitender : bnf did 1000
10:45 Gaurav : 1000+ from fiday close he meant
10:45 Gaurav : Friday
10:49 Jitender : ys
10:49 Seema : Uttam, BNF vpoc shifting low
10:49 Seema : with large volume
10:50 Seema : should wait for RB ?
10:52 Shai : 30340 low- (10:26) Shai : dip to 30320 still may be a buy
10:53 MJ : Yes shai with 2 upside down guys there 10k and 6k
10:55 Boppanna : Uttam stopped BNF from getting inot his election Hypos looks like
10:55 Boppanna : *into
10:55 Shai : 20290 supp BNF
10:55 Shai : all long views done below it
10:56 Uttam : yes 30288 is IB
10:56 Uttam : below it 30200 needs to hold Shai? max vol there since morning
10:56 Uttam : IB that also
10:57 Uttam : @Bops _/\_ may be it is waiting for Nifty to catch up
10:57 Uttam : not even done the 2nd normal hypo of the weekly
10:58 Uttam : NF stuck in the daily last bullish hypo
10:58 Uttam : e) If NF stays above 11637, it can tag the higher levels of 11658-663 / 11685-695 / 11712-722
10:58 Uttam : day COT again going up in NF
10:58 Uttam : -4L now
10:59 Uttam : 11695 needs to be taken out
11:00 Shai : suyog’s composite map- https://mplite.vtrender.com/mpheavy?symbol=NIFTY&startDate=26-04-2019&nDays=14&tpo=3&dstr=4:2:1:2:4:1
11:00 Shai : keep that link handy this week
11:05 Uttam : wow this one is nice Shai, did not know we can take an earlier composite & have the latest day’s MP next to it +100 super Suyog
11:14 Suyog : hey guys.. i thought shai will hold the announcement of mpheavy till the UI is ready.. but now that it is open.. just a few things.. for now the URLs need to be built manually for multi-composites.. so, you guys can request me on Slack if you want to see the composites in any specific pattern for few days, till i make the friendly UI..
11:15 Shai : +1
11:15 Shai : sharing a chart through this link is quicker
11:15 Shai : will be very good for composites
11:16 Suyog : oh yes.. this is very helpful.. 🙂
11:16 Uttam : +100 Suyog awesome work, this will help a lot while doing analysis
11:17 Jitender : kudos Suyog
11:17 Suyog : yup, till UI is ready, you guys can request for such URLs
11:17 Suyog : here is 1 more.. a bigger composite that i am looking at personally
11:17 Suyog : https://mplite.vtrender.com/mpheavy?symbol=NIFTY&startDate=16-04-2019&nDays=0&tpo=3&dstr=2:3:5:2:1:2:4:1
11:20 Uttam : boom?
11:21 Uttam : juts like that 50 point jump in BNf?
11:37 Himanshu : Uttam – BNF profile ?
11:37 Himanshu : Double D
11:37 Shai : BNF running out of steam again
11:37 Shai : 2 times done today- (10:26) Shai : dip to 30320 still may be a buy
11:39 Uttam : so far forming a ‘p’ profile and we have a large IB after a huge gap so consolidation happening
11:53 Shai : margins move done
11:53 Shai : 🙂
11:54 Uttam : boom
11:54 Uttam : shorts going to cover?
11:54 Shai : yeah
11:54 Shai : compoiste pressure
11:54 Uttam : +1
11:55 Gaurav : secured highs for the day, Shai?
11:56 Shai : nit yet as 11713 is still holding
11:57 Manish : shai, so normally day’s values will try to move towards composite values ?
11:57 Shai : composite is the big picture
11:57 Uttam : 11790 monthly vPOC calling
11:57 Uttam : weekly
11:58 Uttam : 1L red at 11730
11:58 Manish : shai, because you said composite pressure, is this always the case ?
11:58 Uttam : 88k+17k
11:59 Anubhav null : spt gap in nf also here
12:02 Shai : yes larger tF- (11:58) Manish : shai, because you said composite pressure, is this always the case ?
12:02 Shai : Larger TF always > day TF
12:03 Shai : 201 done – 10:10) Shai : Buy 11700 call at 177 sl of 130 tgt 243/ 265
12:06 Uttam : +1 Shai
12:06 Uttam : C) Above 11613, Nifty can probe higher to 11657-665 & 11720-742…Spot finally getting here
12:09 Paras : 88k seller getting jacked
12:10 Uttam : BNF has a 23k green stuck at 30460?
12:10 Uttam : initiative buyer?
12:11 Seema : on banknifty?
12:11 Uttam : yes
12:11 Seema : Can we buy call?
12:12 Seema : 30400 CALL ?
12:12 Gaurav : thats not any single order uttam
12:13 Shai : No fresh entries in BNF here
12:13 Uttam : yes Gaurav but someone is buying at that level looks like as COT getting positive
12:14 Seema : Ok Sir.
12:19 Uttam : (12:10) Uttam : BNF has a 23k green stuck at 30460? this was at 30448 and not stands out as IB on 30mins
12:20 Paras : 11700 ce me 243 bahot jald aega
12:21 Uttam : 11726 in NF has 1.7L vols
12:21 Uttam : boom boom
12:22 Uttam : 30544 vpoc in BNF
12:23 Uttam : some booking in BNF looks like
12:23 MJ : Anubhav your rb spotting was bang on 🙂
12:23 Shai : yes NF set for 11799 on this new vol
12:23 Shai : 11713 sl;
12:23 Uttam : +1 Shai
12:24 MJ : +1 shai
12:24 Paras : +1 shai
12:24 MJ : RO point capture.
12:24 MJ : extension there too.
12:24 Uttam : 11767 is 1.5 IB & 1770 is that IS from where we started the fall
12:25 Jitender : dip time ?
12:25 Anubhav null : 00thnx mj but i booked at 117
12:25 Uttam : (10:15) Uttam : 11770 coming today?
12:26 Uttam : 11755 so far…15 more
12:27 Uttam : somes reds in NF also at top here
12:28 Shai : Update – reduce 50% in 11700 call at 213 here and ride the rest at cost 177.
12:28 Anubhav null : vwap test coming jit?
12:28 Uttam : +1 Shai
12:30 Seema : I am not able to see VWAP.
12:30 Uttam : it is way below at 11684
12:30 Seema : on both chart
12:30 Uttam : you can see the levels in the box on the left
12:30 Seema : ok
12:30 Uttam : BNF vap at 30358
12:31 Seema : ok
12:31 Uttam : NF started the 80% in the composite
12:33 Paras : 1 lakh guy jacked badly
12:34 Uttam : 5L minus COT in NF so far, wondering what if they are forced to cover 😉
12:35 Govind : Bada Boom then Uttam
12:35 Uttam : of course most part of it is longs booking out
12:35 Uttam : but we can have some shorts also running for cover
12:36 Uttam : (12:22) Uttam : 30544 vpoc in BNF
12:37 Shai : ignore they are trading a long BNF short NF stratgy
12:37 MJ : +1 shai
12:37 MJ : COT can point that easily.
12:40 Jitender : 490..avg 540..out at 475…i(12:25) Jitender : dip time ?
12:47 Madhu : ,,,,
12:48 Uttam : (12:37) Shai : ignore they are trading a long BNF short NF stratgy…oh ok Shai
12:52 Paras : 11799 aegaaa
12:53 Jitender : kitne baje 🙂
12:54 Seema : Game will start after 2 or 2.30pm
12:55 Jitender : wats happening since morn ten 🙂
12:55 Uttam : last week was full of spike closes
12:55 Uttam : will it be repeated this week too
12:55 Jitender : no doubt
12:56 Uttam : but hopefully no more Neutral Days this week 😉 last week we had 4
12:56 Jitender : wed shld b
12:56 Uttam : +1
12:56 Uttam : yes wednesday could be crazy
12:57 Uttam : vix could also make new hgihs then?
12:57 Uttam : I am waiting for the EOD report today to see what OI tells us
12:57 Jitender : +1
13:02 Lokesh : Shai: Did you have chance to go thro’ Daltons Checklist on market profile?
13:03 Shai : I dont follow Dalton anymore @Lokesh
13:04 Lokesh : Any reason
13:04 Shai : Dalton is just to get the basics right. After that you have to strike on your own
13:04 Lokesh : ok
13:04 Lokesh : What i was thinking if we can have the checklist here , so more or less we will be in a process sync i felt
13:05 Shai : No. His views currently are off on a lot of things these days
13:06 Shai : just stick to what he said in the beginning
13:06 Lokesh : ok
13:06 Uttam : what kind of checklist Lokesh? and our markets are different to the US markets so we need to adapt the MP concepts on our charts
13:06 Lokesh : Thanks Shai for feedback
13:07 Lokesh : Got it Uttam. thanks
13:09 Uttam : +1 Lokesh 🙂
13:14 MJ : Team for questions about mplite follow this pdf
13:14 MJ : https://vtrender.slack.com/archives/C0F2X2TFW/p1558338255006300
13:16 Uttam : NF poor high repair first?
13:20 Shai : Nice one MJ
13:22 Uttam : (12:25) Uttam : (10:15) Uttam : 11770 coming today?(12:26) Uttam : 11755 so far…15 more done danaa done…11767.4 high so far
13:22 Lokesh : Shai how important is Half pull back reference and afternoon pull back low/High
13:23 Shai : BNF can risde to 30776
13:23 Shai : but stay careful at these levels esp BNF
13:24 Shai : depends on context right?- (13:22) Lokesh : Shai how important is Half pull back reference and afternoon pull back low/High
13:24 Uttam : (10:17) Uttam : 30825 coming in BNF Shai?…Shai please add 50 more na 😉
13:24 Shai : we trade PBL only for a trend up/ trend down
13:25 Shai : half back is day mid point
13:25 Uttam : 11775 comp vPOC tagged
13:25 Uttam : check in MPlite chart
13:25 Shai : +1
13:25 Uttam : half of 80% done
13:26 Uttam : sorry 11775 was VWAP of that comp
13:26 Lokesh : Thanks Shai
13:26 Uttam : POC at 11796
13:26 Uttam : whihc is where we have a weekly vPOC also and an ext handle at 11785
13:30 Uttam : (12:31) Uttam : NF started the 80% in the composite
13:30 Uttam : composites are very important guys
13:30 Manish : uttam, so is 14 days a good composite range to refer to generally ?
13:31 Shai : getting there – (12:23) Shai : yes NF set for 11799 on this new vol(12:23) Shai : 11713 sl;
13:31 Uttam : just like MB gives smaller range moves, composite is for bigger ranges
13:31 Manish : because you have mentyioned vwap of 14 day composite
13:31 Uttam : @Manish? composite is not of any fixed number of days, it is made when market is in a balance over a period of time
13:32 Manish : ok. so then the 14 days just coincides with that balance ?
13:32 Uttam : that composite is only a 4 day comp before we started falling
13:32 Shai : 50% into composite done – (10:11) Shai : still big greens as we move into the thick bigh composte abv
13:32 Uttam : see the dates given at the bottom
13:32 Uttam : 26 Apr – 3 May
13:33 Madhu : ….
13:33 Uttam : 11700ce hits 240 Shai +100
13:36 Uttam : 11804 is the comp VAH
13:36 Uttam : (13:26) Uttam : POC at 11796…tagged
13:37 Manish : uttam, so frm balance in composite it moved to imbalance (down) and now moving back to balance ?
13:37 Uttam : it is right now in imbalance as on Friday it moved away from the 4day comp it formed last week
13:38 Uttam : in this imbalance move up it has entered the earlier balance so was expected to move through the entire comp
13:38 Uttam : which it did easily
13:38 Shai : +1- (13:38) Uttam : in this imbalance move up it has entered the earlier balance so was expected to move through the entire comp
13:38 Shai : this is basic market profile and everyone in this room should know this
13:39 Manish : thnx uttam, shai
13:43 Himanshu : Now – Uttam – do we expect – VWAP test – in BNF
13:45 Uttam : 11802 VAH in that MPLite comp and almost tagged so completes the entire 80%
13:45 Uttam : 11823 next?
13:45 MJ : Shai 30k monthly I am holding.
13:45 MJ : Any levels if you can suggest?
13:47 Uttam : 11700ce hits second tgt of 263 also 🙂
13:48 Uttam : 11856 coming today?
13:48 Thanika : VIX increased by 1.5 points
13:48 Jitender : 1200 bnf
13:48 Uttam : (13:45) Uttam : 11823 next? Done….2 IB done in both
13:49 Govind : 11700CE second target reached
13:51 Uttam : E) If 11742 is taken out & sustained, Nifty can have a fresh leg up to 11773 & 11797…check the high of Nifty Spot
13:51 Uttam : 11796.9
13:52 Jitender : +1
13:53 Gaurav : was that also the sopt high when that 11L fut trade happened at 11877?
13:54 Uttam : no idea Gaurav as I mark levels on both Nifty & NF seperately based on the MP charts
13:54 Anubhav : sold 12300 calls monthly
13:56 Shai : 30734 – (13:23) Shai : BNF can risde to 30776
13:56 Uttam : +1 Shai
13:56 Shai : Buy BNF again sl of 30550
13:59 Shai : all dips are just being bought as iof tom market will not open 🙂
14:00 Uttam : chances of a circuit before results only Shai 😉
14:00 Shai : only hope for bears is exit polls horribly wromg
14:00 Uttam : may be if Raaga announces retirement 😉
14:00 Shai : this is now secure abv 11650 spot
14:01 Uttam : +1 Shai
14:01 Uttam : rare ocassion of consecutive trend days Shai?
14:01 MJ : Shai people are hoping that an Aussie repeat happens here.
14:02 MJ : Lol.
14:03 MJ : @Gaurav yes rough spot high was here only. 11796.75
14:03 Uttam : there was just a 2% difference it seems so was a close call but here there is nothing close 😉
14:03 MJ : exactly.
14:03 Shai : Update – 11700 call at tgt of 266. Conservtive can book fully or hold with a TSL of 233 for 315 in it.
14:03 Uttam : will hold Shai 🙂
14:05 Seema : Shai, Can we buy 11900 call for tommorw?
14:05 Shai : can
14:06 Shai : may do one more spike in close
14:06 Seema : ok
14:06 Uttam : yes so the spikes at close to continue 🙂
14:12 Uttam : bNFfffff
14:12 Uttam : 30775 on the dot Shai 🙂
14:12 Uttam : please grant 50 more now 😉
14:13 Jitender : 30775
14:14 Shai : Buy BNF again 30760 sl of 30630 tgt 31062.
14:15 Uttam : (10:17) Uttam : 30825 coming in BNF Shai?
14:15 Shai : +1
14:15 Shai : this one is for the spike
14:16 Shai : 30830
14:16 Uttam : 30831 BNF
14:16 Shai : nice
14:16 Uttam : _/\_
14:16 Uttam : 2 atr from negated weekly FA of 28198 in 2 days
14:17 Jitender : bnf new LTH
14:18 Uttam : yes Jit
14:18 Uttam : and it had started the fall before Nifty
14:18 Uttam : 12k tom anyone in NF?
14:18 Himanshu : LTH – ?
14:18 Uttam : lifetime high
14:18 Jitender : life time hiiiigh
14:18 Himanshu : yea
14:18 Jitender : 🙂
14:18 Jitender : hope all made money today
14:19 Uttam : only 1 trade just like Fridays
14:19 Jitender : awesum
14:19 Jitender : congrats
14:19 Uttam : Friday had bought 11300ce booked today at 150+ points
14:19 Uttam : today 11700ce entered at 180 & holding
14:19 Jitender : too good
14:19 Uttam : small is good in thse markets 🙂
14:20 Govind : Great Uttam
14:20 Jitender : anyday
14:20 Shai : Book the BNF fully 30820
14:21 Shai : profit booking here
14:21 Shai : be gauarded if long
14:22 Shai : 10805 a supp
14:22 Shai : 10760 second supp
14:25 Anubhav : nice
14:25 Anubhav : late buyers ripped
14:25 Shai : yes
14:26 Anubhav : bach gaye
14:27 Anubhav : vwap tgt now?
14:28 Shai : market is announcing next 2 days also in same compoiste
14:28 Shai : 11650- 11870 spot zone
14:29 Shai : buy in LT portfolios only abv 11870 spot
14:31 Jitender : just 17koptions traded so far (14:19) Uttam : small is good in thse markets 🙂
14:31 Jitender : 17 k
14:34 Shai : Update – Book out the 11700 call fully
14:37 Anubhav : fiis r still selling looks like
14:37 Anubhav : domestic driven rally shai?
14:40 Jitender : 32kce at 208
14:42 Jitender : 29.1pe same
14:42 Jitender : 3300 pt spread
14:43 Jitender : tempting
14:43 Thanika : @Uttam: There is a pink bank keep coming in NF at higher levels, does it indicate a fal?
14:43 Uttam : wow man
14:43 Anubhav : karlo
14:43 Uttam : pink band indicates seller imbalance
14:46 MJ : Close in DHI.
14:47 MJ : 58k above 2ib
14:47 Uttam : today’s profile may need repair tom & day after so as Shai said we could remain in this zone of 11670-11870
14:47 Uttam : BNF has seen longs booking out at hgihs looks like
14:48 Uttam : day’s COT now negative in both
14:48 Uttam : NF has a big -6L COT which can still give a spke hgiher here
14:48 Uttam : right time for it
14:49 Shai : I’m done here
14:49 Shai : will wait out the open tom
14:49 Shai : dpoc shoukd ome back here to 11810F
14:49 Uttam : same here Shai no more trades for today booked that 11700ce at 260
14:50 Shai : +1
14:53 Govind : Shubro, you here man?
14:53 Uttam : that 58k green is a short SL
14:53 Uttam : COT from -7.98 to -7.5 now
14:54 Uttam : Jit giving any 3:05 move now that 14:45 spike did not come?
14:54 Psandeep : Bank nifty will try for 5% once ?
14:54 Psandeep : before close
14:57 Anubhav : 12000 close?
14:58 MJ : Anubhav greedy bouy!
14:58 MJ : 🙂
14:58 Uttam : @Anubhav you plannin an exit of that entire -7L COT in NF is it 😉
14:58 Jitender : y not (14:54) Uttam : Jit giving any 3:05 move now that 14:45 spike did not come?
14:59 Uttam : 6 mins to go lets see 🙂 Jit
14:59 Anubhav : lo ji lo
14:59 Uttam : building up nicely though for that
14:59 Anubhav : break out
14:59 Uttam : shorts xiting
15:00 Uttam : 80k green
15:00 Govind : NF F 10 points from ATH
15:00 MJ : (14:46) MJ : Close in DHI.
15:00 Psandeep : 4.10% to 4.40% to
15:00 Uttam : but move started before 3:05
15:00 MJ : Sandeep kardo aaaap.
15:03 Uttam : 80k at new sup in NF into the close
15:03 Madhu : …..
15:03 Uttam : (14:48) Uttam : NF has a big -6L COT which can still give a spke hgiher here(14:48) Uttam : right time for it
15:04 Uttam : 80k green at 11826*
15:04 Psandeep : haha MJ
15:04 Psandeep : 4.60%
15:05 Jitender : happy 🙂 (14:58) Jitender : y not (14:54) Uttam : Jit giving any 3:05 move now that 14:45 spike did not come?
15:05 Psandeep : little careful here ce premium are coming down
15:06 Govind : Yes Sandeep, noticed that too
15:07 Psandeep : Price is God (15:05) Psandeep : little careful here ce premium are coming down
15:08 Govind : Futures premiums are low as well
15:08 Jitender : theta
15:08 Govind : THey may jump on 23rd
15:08 Psandeep : yes Jit, all ce premium down
15:09 Psandeep : Total traded qty only bank nifty options 87240
15:09 Psandeep : What a day for all I believe ..
15:09 Psandeep : All God’s grace.
15:10 Psandeep : Thank You All…I am done
15:10 Psandeep : bye
15:10 Uttam : congrats Sandeep 🙂
15:10 Amjad : bye everybody
15:10 Shai : 11805 supp for tom
15:10 Boppanna : Uttam finished his 2 BNF election hypos and 1 hypo in NF
15:10 Uttam : _/\_ nothing in my hands Bops
15:11 Psandeep : Cheers Uttam…
15:11 Psandeep : Congrats Jits, Shai and all
15:11 Uttam : cheers:)
15:11 Psandeep : Congrats Uttam
15:11 MJ : Cheers sandeep!
15:12 Psandeep : Congrats MJ yaar…sorry missed others.
15:12 Psandeep : take care bye
15:12 Psandeep : Cheers
15:12 Govind : Bye Sandeep
15:12 MJ : Govind hoping you were in few stocks? 🙂
15:12 MJ : Whattey day it has been.
15:12 Govind : Yeah MJ
15:13 Govind : But I wanted to tread carefully. So, kept my positions small
15:13 Anubhav : otm puts crashing now new lows
15:15 Govind : Shai, ok to take BNF/NF home? Small lots.
15:15 Govind : Futures
15:15 Shai : fully done thru the compoiste – (10:11) Shai : still big greens as we move into the thick bigh composte abv
15:15 Shai : done – (10:11) Shai : still big greens as we move into the thick bigh composte abv
15:16 Shai : yes can
15:16 Shai : second bullish signal today
15:16 Govind : Ok thanks
15:16 Uttam : close not at highs in both
15:16 Uttam : MJ you booked out is it 😉
15:18 MJ : 822 and 863 F.
15:19 Uttam : no wonder NF stopped making new highs 🙂
15:19 Thanika : 🙂
15:19 Uttam : high per close karwana tha na
15:19 MJ : 10 more mins.
15:19 MJ : Reducing my risk.
15:19 Uttam : that RS at 11864 is you Mihir
15:20 Govind : finish with a flourish here?
15:20 Uttam : if Mihir allows
15:20 Govind : Come on MJ
15:20 MJ : Uttam suddenly I feel taller.
15:21 MJ : Bas karo 🙂
15:21 Govind : haha
15:21 Uttam : you are tall man
15:21 MJ : Nope nope. 🙂 5 ft something.
15:21 Jitender : oh
15:21 Uttam : in stature
15:22 Jitender : as tey say size doesn’t matter…sometimes
15:22 Jitender : rest neighbours know better
15:22 Uttam : looks likeMihir being generous enough to take off his hurdle at
15:22 Uttam : 11864
15:23 Uttam : VIX will continue to fall now Jit?
15:23 Jitender : shldnt go below 22
15:23 Uttam : cos markets sensing that there is no surprises in the results?
15:23 Jitender : mayb 28 by wed
15:23 Jitender : again
15:23 Uttam : hmmmm
15:24 Jitender : tv sayn fastest rise in 10yrs
15:24 Jitender : fr bnf ..since fryday
15:24 Uttam : oh yes Jit
15:24 Uttam : Thurday last 45 mins to Friday was 1000
15:25 Uttam : today gap up of 700 & another 700
15:25 Jitender : man…wish cud travel bck in time
15:25 Uttam : (15:00) Uttam : but move started before 3:05….noticed many times that if move starts just before 3:05 good chance that high gets tagged before the last 15 mins
15:26 Jitender : +1
15:26 Uttam : (15:25) Jitender : man…wish cud travel bck in time….history repeats Jit 🙂
15:26 Jitender : well said 🙂
15:26 Uttam : _/\_
15:26 Uttam : some more hsorts running for cover in NF looks like
15:27 MJ : Again bnf day COT comes to neutral.
15:27 Shai : Bye all
15:28 Shai : Hope eveyone had a good day
15:28 Shai : Catch up tom
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Jitender : bye all
15:28 TP : Bye All.
15:28 Thanika : Thank you all, bye!
15:29 Uttam : back to back trend days
15:29 Deepak : bye all
15:30 Ashutosh : Bye all
15:30 Govind : bye all
15:33 Himanshu : bye all
14:04 Rahul Desai : Shai your view on SBI please
14:27 Shai : sbin multi month breaout
14:27 Shai : hold if a LT player shoukd double
14:33 MJ : Shai I am holding axis rec and adani ent. Can glance through for booking zones? Thanks.
14:49 Shai : for next week?
14:49 MJ : Picked on friday.
14:49 MJ : need overhead supply levels. Will manage tsl for it.
14:50 MJ : I was thinking to tsl cautiously through wed.
15:04 Shai : axis 792 and 804 overhead supply
15:04 MJ : Thanks bossman.
15:04 Shai : rec can move to 158 also
15:05 Shai : adani for 162
15:06 MJ : Yes shai REC tags older bracket zone. Will keep moving tsl. Thanks.
15:06 Shai : what can you say about Adani. In another 5 years he will be the richest guy in the globe also 🙂
15:06 MJ : 😉 sail along.
15:07 MJ : Why people punt on exit polls and adani. know a friend who got jacked in ports short.
15:08 MJ : and adani ent too.