Order Flow charts dated 21st October 2020

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

Vol Pic2 Nf 13 Order Flow Charts Dated 21St October 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Trading Strategies, Volume Profile Trading
Order Flow charts dated 21st October 2020 3 Decode the Market

BNF

Vol Pic 2 Bnf 13 Order Flow Charts Dated 21St October 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Trading Strategies, Volume Profile Trading
Order Flow charts dated 21st October 2020 4 Decode the Market

Room Chat

09:00   Himanshu : GM all
09:00   Shubham Q : Good Morning
09:01   Ankush Jain : GM all
09:02   Arcchit Agarwal : GM All
09:02   Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/592380309
09:03   Vtrender Live : 5 min NF charts – https://join.me/394-660-840
09:04   Vtrender Live : 5 min bnf charts – https://zoom.us/j/8647754655?pwd=dUZSY3NxRGx0NjJhWFhNL0NRd3U5Zz09
09:06   Shai : GM all
09:06   Shai : 11920- 30 is the ref line again for the open
09:06   Shai : watch for the auction to move abv 11930
09:06   Shai : can do 11997/ 12028 by close if that is done
09:07   Shai : supp at 11840 and 11810 on day
09:07   Shai : BNF continue to watch 24350 for upsides
09:09   Naren : Gm Shai, All.
09:09   Aditya09 : GM all
09:10   Raveendra : gm all
09:12   Uttam : Good Morning All πŸ™‚
09:16   Shai : gooing for 11997 sl below 11925
09:21   Muralidhar : GM all….
09:22   Shai : Anyone got into longs?
09:22   K2dt : me
09:22   Arcchit Agarwal : yes, me
09:22   Arcchit Agarwal : i sold puts
09:22   JayJ : no
09:22   JayJ : but carrying
09:22   Uttam : 12k CE at 49
09:22   Shai : this was expected abv 11930- told you guys to be ready yesterday
09:22   JayJ : from yesterday
09:22   Uttam : waitgin for it to get above 55.5
09:23   Uttam : BNF in boom boom mode
09:23   Shai : 12000 ce benefitted from vix drop
09:23   Uttam : 25k coming?
09:24   Shai : got into an aggressive 11900 pe short at 37 right at open after 2 failed fills at 44 and 41
09:24   Ankush Jain : UG hypo 1 done in NF
09:24   Shai : sl at 35 on that at close- 11900 pe short
09:27   Uttam : wanted BNF to tag that 24475 yesterday and today seems to have given a drive up from exactly there
09:30   Shai : 12000 ce to watch at 58-60
09:30   Shai : cmp 55
09:32   Devkant : 59.2
09:32   Prashant : can you please scroll the chart down a bit?
09:33   Shai : 11995 book some longs – (09:16) Shai : gooing for 11997 sl below 11925
09:33   Shubham Q : yeah cant see numbers up there
09:33   Shai : donlt get carried away here
09:33   KK : bnf 24600 to 24770 booked.
09:34   Uttam : booked our 75% at 58 & rest at cost – (09:22) Uttam : 12k CE at 49
09:35   K2dt : cheers UG
09:35   Uttam : 24800-846 imp zone in BNF
09:35   K2dt : 73-86 11950ce
09:35   Shai : easy move off open done
09:35   Uttam : +1
09:35   Shai : A has done the job
09:35   Uttam : B needs to support
09:35   Uttam : take it above 2=12k
09:35   Uttam : 12k*
09:39   Shai : 11999
09:39   Ankush Jain : +1
09:39   Shai : -15 in disc
09:39   Shai : games at 12000
09:41   Shubham Q : 12014 prev. week high can expect some mechanical selling there
09:41   Shai : 24625 trailing supp for BNF
09:41   Uttam : yes 0s at top for now in BNF
09:42   Uttam : B getting ready to take it above 12k πŸ™‚
09:42   Uttam : lets go
09:42   Shubham Q : yeyeyeye
09:44   Uttam : je baat
09:44   Shubham Q : jau dya jau dya
09:44   Ankush Jain : >12000
09:44   Ankush Jain : is it an open drive?
09:45   Shai : Avg vols
09:45   Shai : seen better drives than this
09:45   Ankush Jain : yups
09:48   JayJ : Banknifty in to the singles of 31-08
09:48   JayJ : high of 25260
09:48   Uttam : RS forming in NF – 68k red at top
09:50   Uttam : 12046 next stop in spot
09:50   Uttam : 11965 ref on downside
09:51   Uttam : 24720 holding is good in BNF but needs to take those 0s out
09:51   Uttam : VWAP will be the important ref in both now
09:52   Uttam : 12k CE OI not falling
09:52   Uttam : in face going up now
09:52   Uttam : along with the PE
09:53   Uttam : 38.3L to 27L
09:53   Uttam : almost 20L addition in 12k PE
09:53   Uttam : tday
09:53   Ankush Jain : vix going up again
09:53   Shubham Q : 11977 is the support for the move
09:56   Ankush Jain : RIL again faltering after going up
09:57   Shai : 12000 ce holding up
09:58   Shai : we may form a tight balance here at 12000
09:58   Uttam : 120 combo in that 12k now
09:58   Naren : volumes are not that great in NFT,
09:58   Shai : yes
09:58   Uttam : matches with that 12121 tgt Shai?
10:03   Shubham Q : RS followed by IS
10:04   K2dt : chief pl zoom in join me
10:05   K2dt : tx chief
10:07   Shai : 24980 doable in BNF
10:07   Shai : sl below 24630 on day
10:10   Shai : yes- (09:58) Uttam : matches with that 12121 tgt Shai?
10:10   Shai : but not intra
10:10   Shai : prepare for a coil now
10:10   Shai : eassy move up was done
10:10   Shai : NF
10:12   Arjun : VIX rising has any significance ?
10:13   Sumeet : bnf ready for c ext ?
10:14   Shai : No vix is doing it’s thing
10:14   Shai : don;t see it cross 25 now as the vix mobe is delayed
10:14   Shai : 23.25 1st res
10:15   Uttam : 24840 new high – (09:35) Uttam : 24800-846 imp zone in BNF
10:18   Naren : +1
10:19   Shubham Q : seems like demand is getting absoped NF
10:27   Uttam : BNF needs a refresh Shai?
10:27   Uttam : 2 entries of 28k
10:28   Uttam : looks like going for new hgihs BNF
10:28   Uttam : 24720 holding
10:31   Naren : NFT done with vwap test, BN pending?
10:34   Shai : 11979 a supp here
10:34   Shai : can bounce back to 12005
10:37   Ankush Jain : OAOR today?
10:37   Shubham Q : i dont think we never visited open back
10:40   Shai : low vol drive it is
10:40   Shai : drive turn to P
10:44   Shubham Q : cessation of one time framing as well
10:44   Shubham Q : early in the day
10:47   Uttam : day high made at 9:50 so no one time framing up S
10:50   Shubham Q : Thank you for correcting UG.
10:55   MJ : Shai: Looks like your balance around 12k is on for the day.
10:55   Naren : BNF attempt for a vwap test failed, its one timeframing will be stopped if it succedes a vwap test now
10:59   Shubham Q : lots of red stuck in bnf maybe will get a spurt
11:01   MJ : Watching this combo https://mplite.vtrender.com/?symbol=O_NIFTY11950PE20201022_NIFTY12000CE20201022&tf=daily&tpo=2&sp=1&ivp=0&startDate=&endDate=&nDays=8
11:02   Shubham Q : hahaha aa gaya spike
11:02   Uttam : 24844
11:02   Uttam : (09:35) Uttam : 24800-846 imp zone in BNF
11:03   Uttam : 24870
11:03   Uttam : 66k red at 24844
11:03   Uttam : 16L OI in 25k CE, can they be shaken
11:03   Shubham Q : ab aayega vwap test?
11:03   Uttam : 24936 cometh?
11:04   Vidhyasagar Lingesan : But 0s at the top UG
11:04   Vidhyasagar Lingesan : ?
11:04   Uttam : yes needs to get accepted above that 66k red
11:04   Uttam : else as S said back to vwap
11:05   Uttam : 24790 ref on downside
11:06   Naren : is that 66k red one single order or multiple orders executed
11:07   Shai : multiple
11:07   Shai : Always multipe when there are 0’s around
11:07   Naren : thanks Shai
11:12   Shai : 10 more NF points needed
11:12   Shai : will review if 12005 is crosssed
11:13   Devkant : failed auction in BNF
11:13   Shai : ?
11:13   Shai : where
11:13   Devkant : zeros in the previous IB candle
11:14   Devkant : and 66k sellers
11:14   Shai : hat is profit booking candle
11:14   Shubham Q : 12k stuck in nf right at top
11:14   Prashant : Charts are a bit too zoomed in. Please see.
11:14   Shai : watch vwap now
11:14   Devkant : sure thanks shai
11:15   Shai : better now? charts?
11:15   Shubham Q : what do we conclude from day’s vpoc migration
11:15   Naren : yes
11:16   Shubham Q : this looks like trip to south
11:17   Prashant : yes
11:18   Prashant : thanks
11:19   Devkant : BNF 24800 PE 236- 260
11:19   Shubham Q : congrats
11:19   Devkant : Thanks
11:21   Shai : Good one
11:21   Shai : BNF almost to vwap on 0’s
11:21   Uttam : +1
11:21   Shai : the 0’s are aution completion in the mini time frame
11:22   Shai : Aggaressive traders can counter trend it
11:22   Shai : conservatives can take it as proifit booking points
11:22   Shubham Q : the only clean move comes at day open….. for rest of the day we chop around the quicker ones bag green
11:24   Shai : Almost 2 hours since we booked and NF not gone anywhere- (09:33) Shai : donlt get carried away here(09:35) Shai : easy move off open done
11:24   Sanjib : NF still within IB
11:24   Shai : That’s Orderflow readings
11:24   Shai : I want you guys all to get very good at reading it
11:25   Shubham Q : Nice chief
11:25   Devkant : Shai we wait for the G period to kick for the next leg?
11:25   Shai : we will do a session tom at 08.30 pm on # orderflow readings
11:25   Ankush Jain : +1
11:25   Uttam : awesome Shai +100
11:25   Prashant : great
11:25   Arcchit Agarwal : Super.. look forward to that
11:25   Shai : 08.30 pm breakout – I’ll try to add what to look for and what to avoid
11:25   Shai : bring your questions along
11:25   Ankush Jain : Shai can u put session recording in training library
11:26   Ankush Jain : It can benefit who miss out or who wanna go thro again
11:26   Ravi : _/\_ Sahi
11:26   Shubham Q : yeah excited for tom heres lot to learn for me. thanks chief for vtrender
11:26   Shai : These cannot go in the TL
11:27   Shai : Are meant for people who are live and are 2 way learning mediums
11:27   Ankush Jain : ok
11:27   Prashant : Shai, in the Training Library, there is a lecture, i think no. 10, where there is a link to webinato seminar. That seminar has parts repeating and restarting and no charts, though you are explaining them.
11:27   Uttam : we have daily classes & practical learning in live markets guys
11:27   Naren : Thanks Shai, that’ll help alot
11:28   Uttam : these sessions are meant to be a brush up & revision
11:28   Shubham Q : yeah in same webinato link at the end its said to cover divergence, micro balance, etc
11:30   Uttam : we do not use divergence anymore whihc is why it is not there in the TL
11:31   Uttam : the concepts explained in TL are more than enough for our trading
11:31   Uttam : we all would be in a good place if we can get a good grip on just them
11:32   Devkant : 87k red stuck at the 11.15 IS candle.
11:32   Uttam : and and it gives a move to vwap
11:32   Uttam : laggard short it oculd be called
11:33   Devkant : ok. Thanks Uttam
11:37   Naren : +1
11:38   Shubham Q : locals around NF vwap?
11:39   Devkant : Possibly. E & F period are silent
11:40   Devkant : volumes low as well
11:41   Shubham Q : where can i read about tpo periods and their characteristics
11:41   Shubham Q : thanks devkant
11:42   Devkant : in last webinar Shai discussed regarding that . & in the library videos you might find it as well
11:43   Shubham Q : i doubt about library videos in it we just discussed about C extensions correct me if im wrong
11:44   Uttam : it is there in the #learningstrategies channel
11:44   Devkant : @ Slack
11:45   Uttam : check the pinned items
11:45   Uttam : https://vtrender.slack.com/archives/C0N9BFAF4/p1594447062011000
11:45   Shubham Q : Cool thanks ug and devkant
11:46   Uttam : that stuck red still not out
11:46   Uttam : auction will keep probing up till he gets hit looks like
11:46   Uttam : fully
11:46   Uttam : BNF giving 0s below VWAP with a stuck red just above 24740
11:53   Gopi : praksh javdekar to brief media at 3
11:54   Aditya09 : rb +2 ib in bn
12:01   Naren : Mastering structure and OF allows one to stay longer in the trade, mastery of both is 10K plus hours of screen time:)
12:01   K2dt : yeh roz moves par nazar lagvayenge
12:01   K2dt : shaam ko announcement..press cons
12:01   K2dt : πŸ™
12:06   Ankush Jain : 12k
12:07   Ankush Jain : new high we have now
12:07   Uttam : now hes getting out – (11:46) Uttam : auction will keep probing up till he gets hit looks like
12:08   Uttam : 1.3L with 0s at top
12:08   Uttam : in NF
12:08   Uttam : 0s at 11995 also
12:10   Uttam : BNF also geting ready for its boom boom?
12:13   Uttam : 12k CE OI dropping finally
12:14   Vyom : Uttam whats next reference for Nifty if these upper 0s are taken out?
12:14   Ankush Jain : 12012-059
12:14   Uttam : 12044 is 1.5 IB for today
12:15   Uttam : above that 12059-082
12:15   Uttam : and finally that 12121
12:15   Shai : 2 sests of 0’s in that bar of NF
12:15   Shai : 12.05
12:15   Ankush Jain : continuation trade
12:16   Ankush Jain : Shai lower 0s can be SL for longs?
12:20   Shai : yes buy abv 12013 only
12:21   Shai : Buy NF abv 12013 sl of 11993 tgt 12043/ 12070
12:21   Prashant : Not above 12002? Given the zeros.
12:22   Shai : there are 0’s abv also
12:22   Shai : (12:15) Shai : 2 sests of 0’s in that bar of NF
12:22   Prashant : ok.
12:22   Uttam : BNF ka time aa gaya kya?
12:33   Shai : move sl down to 11986 just below vwap
12:35   Aditya09 : mota bhai thanda padi gaya
12:35   Ankush Jain : bade dinon se
12:35   Ankush Jain : RIL-Amazon arbitration award to be out on Monday
12:35   Ankush Jain : maybe it will move after that
12:35   Aditya09 : koi invester naya mil nahi raha
12:37   K2dt : lala jab motabhai chalega to sidha udega :))
12:38   Aditya09 : +100
12:39   KK : DAX
12:39   Gopi : gaya
12:41   Gopi : wednesday trap?
12:43   Shai : NF stop triggereed
12:45   Naren : back to back IS in BNF
12:46   Vyom : attempt to defend vwap in bnf
12:47   MJ : P doing what P does the best.
12:47   MJ : dvah dval rotations.
12:47   MJ : P to bell #mcdreamy!
12:48   Naren : volumes drying up in both NFT & BNF, can it setup a wed dukaan in the afternoon
12:51   Naren : rotations taking place for now
12:51   MJ : 12k ce has got sellers back. oi rising there.
12:53   Shai : 12000 pe could be in touble abv 65
12:53   Ankush Jain : RIL falling
12:53   MJ : Yes bossman. writers came when nf hit dhi.
12:54   Shai : take a small punt abv 66 sl of 58 tgt 95 in 12000 pe
12:56   Shubham Q : have passive buyers on 12.45 candle low
12:58   Shubham Q : in ending mins of a period we get a move
13:15   Uttam : 66-78 in that 12000pe
13:15   Uttam : can trail to 66 now Shai?
13:16   Uttam : 0s
13:17   Shubham Q : 11930 again?
13:18   Uttam : those 12k PE writers under the hammer
13:18   Uttam : loads of reds in NF in this bar
13:18   Himanshu : Blaad baaath
13:18   Uttam : longs being forced to liquidate
13:18   Shubham Q : dammmmm noice NF
13:18   Uttam : doom doom
13:18   Shubham Q : great call chief
13:18   Uttam : book the PE guys
13:19   Ravi : a probable FA in Nifty?
13:19   Uttam : 105 high
13:19   K2dt : 62-100 12kpe +1000 chief
13:19   Uttam : congo
13:19   K2dt : cheers UG.. congo to u too πŸ™‚
13:19   Yaghesh : 66 to 98
13:19   Vidhyasagar Lingesan : That was wow shai!!!
13:19   Shubham Q : 11930 gone lmao
13:19   K2dt : congo Y
13:19   MJ : Super bossman!
13:19   Naren : +1
13:19   Uttam : 80 would be the TSL if anyone wants to hold one last part in it
13:20   Uttam : OI dowb to 25L in a flash
13:20   Uttam : just like that
13:20   Aditya09 : all out 98
13:20   Uttam : 7L in few minutes
13:20   Uttam : FA at lows will be nice in NF πŸ˜‰
13:20   K2dt : budhwaar baba budhwaar
13:20   Aditya09 : dont under ustimate the power of option buyers.
13:21   Aditya09 : estimate*
13:21   K2dt : +100 UG FA would be nice
13:21   Ravi : Uttam isnt there a FA at top in Nifty? subject to close?
13:21   Uttam : we stayed above IBH for more than 30mins na?
13:21   Uttam : lemme check
13:22   Shubham Q : yeah 2period above IBH
13:22   K2dt : 1250-1305 it became calm like crazy..fall had to come
13:22   Yaghesh : didnt get u UG
13:22   Ankush Jain : 12000 pe 67-100
13:22   Ravi : 12:08 to 12:30 if i am right we stayed above IBH
13:22   Uttam : yes we have a FA at top
13:22   Uttam : in both NF & could be in BNF too
13:22   Uttam : there it confirms
13:23   Ravi : Thanks Uttam
13:23   Uttam : srry BNF we stayed for more than 30mins above IBH so no FA
13:23   Shubham Q : holding pe aint moving much
13:23   Shubham Q : hilla hilla
13:23   Uttam : (13:19) Uttam : 80 would be the TSL if anyone wants to hold one last part in it
13:24   Uttam : new highs coming in that PE
13:24   Uttam : pain still not over for those writers
13:24   Uttam : there you go
13:24   Uttam : doom doom
13:24   Shubham Q : amazingg
13:24   K2dt : doom doom raised to the power of 2 UG :))
13:24   Uttam : 11879 is 1 atr
13:25   Prashant : adjust the chart pls
13:25   Uttam : 11890 was tghe 2 day comp POC
13:25   Uttam : where it is right now
13:25   Shubham Q : k2dt math freak?
13:25   K2dt : lol
13:25   MJ : 45 degree? anyone?
13:25   Uttam : 11940 ref on upside in NF
13:26   Uttam : 0s at lows for now though this bar has 2 morem ins remanining
13:26   MJ : P to bell one half is done. Now back to day open is also fine.
13:27   Naren : another 02 hours left in the day
13:27   Uttam : huge vols in NF last 3 bars
13:27   Uttam : same in BN
13:27   Uttam : 24350 do you guys remember?
13:28   Uttam : BNF 0s just above it for now
13:28   Rahul : good volumes, these short terms bulls should be handed a good lesson
13:28   Uttam : if that goes more dwnside possible
13:28   Aditya09 : rakesh bhai cuts stake in escorts sells 15 lkh shares
13:28   Uttam : 95 TSL in that 12k PR now
13:28   Uttam : 123 here
13:29   Uttam : 1atr done
13:29   Uttam : (13:24) Uttam : 11879 is 1 atr
13:29   Uttam : FA rocks
13:29   Uttam : can do 11765
13:29   Uttam : 150
13:29   Uttam : 12kpe
13:30   Ankush Jain : 161
13:30   Uttam : 11817 minor stop
13:30   Rahul : Khakass
13:30   Rahul : Jhakaasss
13:30   Uttam : 123 TSL in that PE if anyone still in
13:31   Uttam : some RB funally looks like
13:31   Uttam : 80% in 2day comp done in seconds I think πŸ˜‰
13:31   Yaghesh : is it pure selling @cheif , uG?
13:32   Uttam : 11817 coming?
13:32   Rahul : Bulls facing the heat?
13:32   Shubham Q : been waiting for this since 10:15….. but now im a spectator it’ll take good amt of time for me to reach all of yall
13:33   Uttam : 11890 ref now on upside
13:34   Uttam : below 11874 remains weak
13:34   Naren : huge volume in I period in both NFT & BNF
13:34   Uttam : 10L in NF last 5min bar
13:34   Uttam : doom doom 3?
13:34   Shai : what did you guys do?
13:34   Uttam : 11817
13:34   Uttam : below it 11765
13:34   Shai : just came back and seeing PE at 175
13:35   Uttam : lol Shai you started it
13:35   Vyom : closed longs and bought puts
13:35   Vyom : made good money
13:35   Naren : Shai:)
13:35   Shai : 11815 a supp here
13:35   Ankush Jain : Shai when u go, nf moves wildly
13:35   Uttam : +1
13:35   Shubham Q : lol ankush
13:35   Shai : πŸ™‚
13:36   Uttam : 100 up from here – (13:19) Uttam : 80 would be the TSL if anyone wants to hold one last part in it
13:36   K2dt : gazabb call chief or should i say put :))
13:36   Shai : 11815 a supp
13:36   Rahul : Awesome shai
13:36   Shai : expect 11900 if that holds
13:36   Uttam : OI in that 12k PE down by half
13:36   Uttam : 32L to 18L now
13:37   Ankush Jain : chrts need adjustment?
13:40   Rahul : Aaj hi expirt ho gayi writers ki
13:41   Prashant : blue cot
13:41   Shubham Q : that was so thrill excuse my kiddish behaviour…. this was first boom boom for me
13:42   Shai : cleared alll PE writers that movce from 12000 to 11700
13:42   Devkant : is NF 11765 due today?
13:43   Shai : 11870 done
13:43   Shai : if in any contra longs based on 11815 supp book here
13:44   Rahul : dint went long , buit boiught the put when u dsaid bopok longs 10.8K pE frpom 38 to 46
13:44   Rahul : Thanks Shai, Cheers
13:45   Prashant : any short trade now?
13:46   Shai : no
13:46   Shai : 11815 a good supp
13:46   Prashant : ok
13:49   Ankush Jain : joinme also needs adjust
13:52   Shubham Q : odds of closing above prev. days close?
13:54   Ankush Jain : Strong rumours of Mukesh liver transplant in london not successful
13:55   Shai : hmm
13:55   Rahul : Heard MDA on news webinar session before 2 days
13:55   Shubham Q : hahahah
13:55   Rahul : Not sure if he actually being treated
13:56   Ankush Jain : But RIL underperforming massively for past few weeks
13:56   Shai : trigger was just the collapse of PE writers guys
13:56   MJ : +1 shai.
13:56   Shai : it was a boomerange effect
13:56   Rahul : yep
13:56   Chetas : yes yes yes
13:56   Shai : don;t read too much
13:56   MJ : snowballing
13:56   Yaghesh : now view shai?
13:56   K2dt : yes chief everything else falls in place
13:57   Shai : 11815 to watch or short on any probe near 11900
13:57   Ankush Jain : RIL result date also not announced yet. They always declare within 3 weeks
13:57   Shai : it is equal RR here so nothing new
13:57   Shai : day type is neu X
13:57   Shai : bias turned lower below 11925 quick
13:58   Naren : looks like its a drinks break in NeuX
13:59   Shai : can’t drop all the way to 0 can it in 1 hour πŸ™‚
13:59   Shai : let it balance
14:00   K2dt : πŸ™‚
14:00   Shai : one move is still there at 2.30
14:00   K2dt : that would be bears’ wildest dream :))
14:03   Munish : Lots of )s in NF
14:03   Munish : 0s
14:03   Munish : Getting filled now
14:03   Shai : shoirt below 11805 for 11765 sl of 11833
14:09   MJ : K in under 5 mins.
14:13   Vyom : nf In
14:14   Shai : yes lots more PE writers stuck
14:15   Uttam : (13:29) Uttam : FA rocks(13:29) Uttam : can do 11765
14:15   Uttam : 11771
14:15   Shai : 11800 ce sl of 87 for those who want to short
14:15   Shai : tgt 26
14:15   Uttam : 11742 is 2 atr from todays FA
14:16   Shubham Q : 3IB rule tom?
14:16   Uttam : 11765 done & dusted
14:16   Uttam : @Shubham pehle aaj to khatm hone do ;-p
14:16   Naren : +1 Uttam
14:17   K2dt : UG kya din hai phew!
14:17   Uttam : doom doom πŸ˜‰
14:17   Shai : tgt done tio the dot- (14:03) Shai : shoirt below 11805 for 11765 sl of 11833
14:17   Uttam : +100 Shai
14:17   K2dt : +100 chief
14:18   Naren : +1
14:18   Shai : was always clean once 11815+ filter broke
14:18   K2dt : 12k pe did 5x from dlo
14:18   Uttam : yes Shai
14:18   K2dt : levels _/\_
14:18   Munish : +1
14:19   Vidhyasagar Lingesan : 3IB in NF
14:19   Shai : next round of shorts below 11765 for 11673
14:19   Sanjib : BNF profile chart stuck at J TPO
14:19   K2dt : we were waiting for 1.5IB above nd nf gave 3IB niche… mkt _/\_
14:20   Uttam : failure to do 1.5 IB gives a nice reversal sign
14:20   Uttam : has happened many times
14:20   Uttam : been observiing
14:20   Uttam : which is why keep the 1.5 IB handy
14:21   K2dt : will keep that in mind UG..tx for that πŸ™‚
14:21   MJ : 3 IB rule on for tomorrow!
14:21   Naren : great observation Uttam!
14:22   Uttam : (13:29) Uttam : (13:24) Uttam : 11879 is 1 atr(13:29) Uttam : FA rocks(13:29) Uttam : can do 11765(13:33) Uttam : 11890 ref now on upside(13:34) Uttam : below 11874 remains weak
14:22   Uttam : NF made high of 11873.8
14:22   Uttam : at 1:45
14:24   Uttam : 11742-720 coming?
14:24   Uttam : 11817 ref on upside now
14:24   Uttam : change of polarity
14:26   Rahul : charts are late ?
14:26   Uttam : seems fine to me
14:26   Uttam : check for the time left in the 5 min bar on top
14:27   Yaghesh : bias change to long UG?
14:27   Naren : ok to me
14:27   Shai : 11700 pe punt trade sl of 17 cmp 30
14:27   Shai : can also take it when 11765 breaks
14:28   Rahul : lag in charts ?
14:28   Shai : seeing a straight drop to 11700 if that 765 goes
14:28   Vishnu : bnk?
14:29   Shai : BNF at supp 24104
14:31   MJ : @shai dpoc for nf has come down?
14:31   Uttam : trending move dPOC does not shift MJ
14:31   Uttam : 11985
14:33   K2dt : H called LIC looks like
14:33   Bhuvan : relief package on news
14:33   MJ : K2dt 3ib was done.
14:34   K2dt : yes MJ..satisfied with the down move :))
14:35   Himanshu : same set up of last exp day
14:36   K2dt : how r u H?
14:36   Himanshu : Alive
14:36   Himanshu : haha –
14:36   K2dt : seeing u after long time
14:36   K2dt : lol
14:36   Himanshu : But – gave back profit of morning
14:36   Himanshu : some how now in green
14:36   K2dt : writing puts?
14:36   Himanshu : played contra on NF – 11700/650/ PEs
14:36   Himanshu : Mee I know that .. only
14:36   K2dt : painful..man πŸ™
14:37   Himanshu : on Falied our complte moves ,,
14:37   Himanshu : Thats because now with OF and MP
14:37   Himanshu : And Chief and UG’s level –
14:37   K2dt : u missed chief’s msg on 12kpe.. he said if it goes above 65 would blow up
14:37   Himanshu : 11673 – last FA –
14:37   K2dt : nd it did indeed
14:38   Himanshu : and Drive stated on Friday from 11750
14:38   Himanshu : So .. at 11750 PEs – they are neutral for once ,,
14:38   Himanshu : now let see
14:38   K2dt : wednesdays have become tough for writers..not to mention thursdays too
14:38   K2dt : +1
14:38   Shai : shiorts out abv 11930
14:39   Chetas : 11930 or 11830 ?
14:39   K2dt : 830 πŸ™‚
14:39   Uttam : looks like getting basck to 11874-890?
14:39   Uttam : 11817 being taken back
14:41   MJ : 11800 pe + 11850 ce combo under 100 @ug good idea at close?
14:42   MJ : or 11850 combo?
14:42   Uttam : you have a 250 pointer today MJ so tom could balance
14:42   Uttam : combos not a good idea
14:46   Prashant : So writing such combo would be better?
14:46   Prashant : straddle
14:47   Uttam : 11855 minor hurdle for this – (14:39) Uttam : looks like getting basck to 11874-890?(14:39) Uttam : 11817 being taken back
14:48   Uttam : @Prashanth when we get such good and quick moves via OF on the long side where you can book profits / make the trade safe & relax why want to take that risk of shorting a straddle overnight just before expiry
14:48   MJ : -3ib to -2ib done.
14:48   Shai : looking to clsoe at 11900 now
14:48   MJ : Baba kidhar ho aap?
14:48   Uttam : (14:39) Uttam : looks like getting basck to 11874-890?
14:48   Prashant : sorry, my q was just academic
14:48   Uttam : 11874 here
14:50   Uttam : boom boom post taking back that 11817
14:50   Sanjib : NF planning to close at yesterday’s level?? Khaya piya kuchh nahi, gilas toota barah aana
14:51   Uttam : will be a hat-trick of similar closed this week
14:51   Uttam : 11980 outside chance Shai?
14:51   Sanjib : today many people on both sides have become Shaheed
14:51   Uttam : 11972 is the scene of crime today
14:51   Sandesh : πŸ™‚
14:51   MJ : +1 sanjib
14:51   Uttam : sab baba ke haath mein hai πŸ˜‰
14:51   MJ : Sandesh you did this man.
14:51   Sanjib : ha ha
14:52   Munish : is this still a NeuX day?
14:52   Uttam : option writers must have got royally ht today both sides
14:52   Uttam : no longer NeuX
14:52   Uttam : Neutral Centre if closes at vwaP
14:52   Sanjib : yes UG, would love to see screenshots tonight in Twitter
14:52   Munish : ok
14:53   Munish : wild ride
14:53   Uttam : lol Sanjib
14:53   Sanjib : it’s a crazy day today
14:53   Sanjib : very difficult to trade unless you have OF with you. Happy to be here
14:54   Uttam : oh yes Sanjib without OF no idea of when to reverse
14:54   Uttam : positional guys also would have got hit both sides htis week
14:54   Uttam : short as well as long
14:54   Himanshu : What a day –
14:54   Sanjib : JUst look at the last 5 candles, it’s madness
14:54   Himanshu : Booked out early – now 2 DT more seen
14:54   MJ : V shape
14:54   Shai : Craziness
14:54   Uttam : NF back to that 10L bar
14:54   Himanshu : My resolve is – I will write – Only NF options ,,
14:55   Uttam : 11908 keeps coming back
14:55   Shai : 10 mins got there – (14:48) Shai : looking to clsoe at 11900 now
14:55   Uttam : extension handle of last weeks trend day
14:55   Uttam : +1 Shai
14:55   Vidhyasagar Lingesan : Both NF and BNF just managed to touch VWAP
14:55   Devkant : kho kho games here
14:55   Sanjib : Unbelievable ….phew! No positions now for me
14:55   Himanshu : from their last sharp spike –
14:55   Himanshu : NF PE premiums eroded 20 /25 points –
14:56   Uttam : 11900ce writers of today may not sleep well πŸ˜‰
14:58   Naren : both NFT & BNF tested vwap. BN back in to IB where as NFT not
14:58   Himanshu : today BNF supported – unlike last thrusday
14:58   Himanshu : 24085 held –
15:02   Ankush Jain : 3 way zig zag move. Option sellers squeezed out
15:03   Uttam : and some poor guys who would have tried wirting both sides would have got hit even more
15:03   Uttam : move still not over in both looks like πŸ˜‰
15:04   Uttam : reverse 80% done in that 2day comp
15:04   Uttam : 11854-11914
15:04   Sandesh : bejoh bejoh.. aur optonis bejho! πŸ™‚
15:04   MJ : baba ji
15:04   Uttam : khareedne wala Babaji hain πŸ˜‰
15:04   MJ : day open doge abhi? nf?
15:04   Shubham Q null : nothing changed