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
08:50 Vtrender Live : (08:47) Vtrender Live: option charts – https://join.me/283-690-520
(08:49) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/225556293
09:21 RK : (09:21) RK : Short NF below 10940 for 10900 SL 10968
10:00 RK : (10:00) RK : Part book 10920 and move SL to 10941 (09:21) RK : Short NF below 10940 for 10900 SL 10968
11:10 RK : (11:10) RK : Book full 10920 (10:00) RK : Part book 10920 and move SL to 10941 (09:21) RK : Short NF below 10940 for 10900 SL 10968
12:09 RK : (12:08) RK : Long NF 50%25 above 10900 SL 10870 will update obj
13:40 RK : (13:40) RK : Book full 10928 (12:08) RK : Long NF 50%25 above 10900 SL 10870 will update obj
08:47 Vtrender Live : option charts – https://join.me/283-690-520
08:49 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/225556293
08:56 Shai : GM all
08:56 Shai : https://vtrender.in/market-profile-analysis-dated-21st-jan/
08:59 Shai : NF was a P yesterday with POC at 10980
08:59 Shai : is weak below 10980 today with lower ref of 10930 amnd 10910
09:00 Shai : BNF in a 4 day thick bracket
09:00 Shai : yesterday POC was 27620 in another P
09:00 Shai : weakness below 27620 woth 27466 as supp
09:03 Uttam : Good Morning All 🙂
09:03 Manjunath : GM all…:)
09:04 Shriram : Very good morning all !!!
09:04 RK : GM Shai and all
09:07 Jitender : Gm Folks 🙂
09:10 MJ : Good morning everyone.
09:11 Subhodeep : gm shai gm all
09:11 Subhodeep : gm jit mj
09:11 Jitender : Gm Shubodeep
09:11 MJ : S. Good morning 🙂
09:13 Dhaval : Gm all
09:14 TP : GM All.
09:16 Shubro : GM All
09:17 MJ : @Shai thanks for adding volume nos in 5 min.
09:17 TP : TD still out ?
09:18 Shai : it was there in yellow actully – the volume at top of the bar
09:18 Shai : aceepting back below 10960 puts this for 10855
09:18 MJ : i know eyes are more tuned to see vol below the bar. Plus you’ve added poc vol at low too 🙂
09:19 Subhodeep : @ shai can we call a top at the proverbial highs of yday ?
09:19 Shai : you are right
09:19 Shai : no not yet still open range
09:19 Subhodeep : 🙂
09:21 RK : Short NF below 10940 for 10900 SL 10968
09:21 Vijayakumar : could see pink band in 10900 put
09:28 Uttam : 15k red at 10930 in Nf
09:28 Uttam : gets out looks like at top?
09:29 Uttam : fresh sellers
09:29 Shai : Thant pink in PE now taken out
09:29 Shai : D>S that is now
09:31 Shai : another 15 is easy below 10925
09:31 Shai : reds are good in NF
09:31 MJ : Lets get it.
09:31 MJ : 😀
09:31 Manjunath : 890 asking for too much Shai?
09:32 Subhodeep : the anomaly at 914 i remember shai 🙂
09:33 Subhodeep : @shai what thesuignificance of the green envelope and the pink envelope over the nos on the of for eg on htis bar
09:41 Gautam null : 27580 bnf will touch
09:42 Uttam : Nf taking sup at 10920 for noe whcih was from whre it broke upside yesterday and also the weekly POC
09:42 Gautam null : previous day HVN
09:44 Subhodeep : jit raning cats and dogs in delhi ?
09:46 Jitender : yh
09:46 Jitender : since last nitr
09:46 Jitender : nite
09:47 Shai : is it? how come?
09:47 MJ : Yes. hailstorms too in some part of gurgaon.
09:47 Jitender : winters get one week of rain…..before being over
09:47 Shubro : wow really!
09:47 Jitender : r\known as retreating monsoon
09:47 Shai : higher imbalance- (09:33) Subhodeep : @shai what thesuignificance of the green envelope and the pink envelope over the nos on the of for eg on htis bar
09:49 Shai : hierachy of imbalance is color < rectange < color band 09:49 Shai : of course the bigger the numbers the better 09:49 Subhodeep : thanks shai 09:51 MJ : Shai there are times when nos don’t match but you have a band. 09:51 MJ : When does that happen? 09:52 Shai : imbalance is always diagonal 09:52 Shai : numbers will never match 09:53 Subhodeep : efven while reading the ord flow we read it diagonal so natural fo rimbalance to be diagonal right ? 09:53 Shai : yes 09:55 Uttam : stuck reds being forced out in NF? 09:57 Subhodeep : there might be a roll back of ltcg tax ; rumours doing the rounds.. 09:58 Shai : till it happens, just a rumor 09:59 Subhodeep : @shai the market profile chart can we pull it up a bit? have a feeling wrt floor of the chart:) 09:59 Shai : never seen a government which lets go of a tax which they consider as their rightful income 09:59 Subhodeep : and the only country in the world being india where once a tax has been introduced there has never ever been an abolishment or a rollback 10:00 RK : Part book 10920 and move SL to 10941 (09:21) RK : Short NF below 10940 for 10900 SL 10968 10:00 Shai : +1 10:00 Subhodeep : thanks shai 10:02 Gautam null : can’t see delta bars? 10:02 Subhodeep : check extremem right gautam 10:03 Gautam null : ohk. thanx bro 10:05 MJ : Thanks shai. 10:08 Shubro : Shai what kind of opening is this in NF and BNF? 10:08 Shai : we don’t trade delta Gautam 10:08 Subhodeep : @rk trail rest sl to cost? 10:08 Shai : there are no delta bars 10:08 Shubro : OAOR? 10:08 Gautam null : okay. no problem@shai:) 10:09 Shai : open in range below value 10:09 Shubro : ah ok many thx 10:09 Subhodeep : c should show the way and amke the day 🙂 10:09 Shai : 10920 is seeing supply being absorbed here 10:10 Shai : that 47k is the biggest of the open 10:10 Shubro : Shai what tells that supply is complete? the zeros below? 10:10 RK : @Subhodeep // move SL to 10941 // 10:10 MJ : Shai any big rolls have started? 10:10 Subhodeep : ok rk 10:10 Shai : will check MJ 10:10 Subhodeep : @ rk obj still 900? 10:10 MJ : We saw some sporadic rolls last week mid. 10:11 RK : yes 10:11 Subhodeep : tks 10:11 Shai : 10855 is still there in this profile of today so stay short 10:12 Shai : hit the rises 10:12 Gaurav : 1.5 L at 10935 in Jan, was rolled to march 10:12 Shai : (08:59) Shai : NF was a P yesterday with POC at 10980(08:59) Shai : is weak below 10980 today with lower ref of 10930 amnd 10910 10:12 MJ : Thanks Gaurav. 10:12 Shai : march? 10:13 Shai : Nice to see you track this so well @gaurav 10:13 Shai : please keep sharing 10:13 Gaurav : yes, only one volume spike in march 1 minute charts i think 10:13 MJ : Yes Shai. He has eyes on rolls always. 10:13 MJ : Straight march is a little interesting. 10:13 MJ : 🙂 10:13 Gaurav : suyog also mentioned same that day with his OI data 10:14 MJ : Gaurav how you keep a tab on this? 10:16 Gaurav : track all LLTs from 30 minutes charts on goto, and EOD cross-check for rolls 10:17 Gaurav : through bolume spikes in 5 or 1 minute charts 10:17 Gaurav : *volume 10:20 MJ : nice Gaurav. 🙂 10:20 Shai : Nice Gaurav 10:21 Shai : really good strategy 10:21 Shai : and thank you for sharing 10:22 Shai : charts up? 10:22 Shubro : seesms stuck refreshing 10:23 Shubro : screens gone 10:23 TP : charts gone for me after refresh. 10:23 MJ : Gaurav keep sharing your roll numbers. 🙂 10:24 Shai : refreshing 10:24 Shai : up again 10:24 Shubro : yup back for me 10:25 Subhodeep : +1 10:25 Subhodeep : not moving though 10:25 Subhodeep : moving now 10:25 Shai : The life of a trader is a full circle. He learns and then he shares. You are not complete till you share 10:26 Gaurav : yes, shai. but i am not in front of the screen 80% of the time. don’t trade intra at all 10:26 Manjunath : +1 Shai 10:26 Azmath : +1 Shai 10:26 Shubro : screen gone again 10:26 MJ : @gaurav but question. How did you figure about march rolls? Without OF charts? Is there anywhere you see this data? 10:27 Gaurav : no, just volume spikes for future months is enough, when we can see the point/time in OF charts of current month 10:28 MJ : Awesome. Thank you. 10:28 Shubro : Shai the screens keep appearing and then gone again 10:28 Gaurav : next series dont have that high volumes in 1/5 minute charts until expiry week 10:28 Subhodeep : no screen at my end as well 10:29 Gaurav : eaasily visible those rolls 10:29 Subhodeep : gaurav need to learn from you this art please do teach us 10:29 Subhodeep : @shubhro chart elo ? 10:31 Shai : getting charts up… 10:32 Shubro : na guru 10:33 Subhodeep : hehe 10:33 Subhodeep : no guru only shishho 10:33 Shubro : its up and off again . 10:33 Shubro : hain eikhane shob learning only…just 2 months for me 10:33 Subhodeep : shy of a month for me 10:34 Shubro : VT saved me from really stupid mistakes so very grateful to everyone in the team 10:34 Shubro : except for one day my MTM this month is green Gods grace..pure VT 10:34 Subhodeep : wow 10:34 Subhodeep : great going 10:35 Shai : charts up again 10:35 Himanshu : yup 10:35 Shubro : yes Shai has come back 10:35 MJ : All the best S&S. 10:36 MJ : Keep having more green days and share more things in this trading community. 10:36 Shai : _/\_ cheers – (10:34) Shubro : VT saved me from really stupid mistakes so very grateful to everyone in the team 10:36 Shubro : hey Mihir…fastest fingers in the West (from my end) 10:36 Shai : Congarts – really nice to hear that – (10:34) Shubro : except for one day my MTM this month is green Gods grace..pure VT 10:36 Subhodeep : yep he is like adnan on the keyboard:) 10:36 Shubro : would love to see Mihr in trading action 10:37 Shubro : oops screen off again 10:37 Subhodeep : and i cannot mention this enuf shai for opening my eyes to order flow its a repeat of which i shall never be tired 10:37 Shubro : its likes a drug for me Subho honestly 10:37 Subhodeep : imbalances on teh connectivity today 🙂 10:37 Shubro : folks at home just see me watching a screen as if my life depended on it haha 10:38 MJ : Lol. 10:38 Subhodeep : where do you stay in kolkata 10:38 Shubro : salt lake 10:38 Subhodeep : kon block 10:38 Shubro : HB 10:38 Subhodeep : ok 10:38 Shubro : are you ik kol or BLR? 10:38 Shubro : *in sorry 10:39 Subhodeep : kol 10:39 Shubro : oh wow we should catch up 10:39 Subhodeep : we should 10:39 Shubro : cholo ill text no. on slack 10:39 Subhodeep : okies 10:41 Shai : connectivity issues .. 10:41 Shai : we should be back 10:42 Shubro : back!! 10:42 Shubro : RK we still short on NF ? 10:43 Shubro : that POC and VAH high strategy you explained playing out 10:43 Shubro : sorry dpoc 10:43 Uttam : @Gaurav interesting data man 🙂 that 1.5L at 10935 was for which day? 10:44 RK : yes..if any change will update (10:42) Shubro : RK we still short on NF ? 10:44 RK : hardly no dev value here..just 10 points (10:43) Shubro : that POC and VAH high strategy you explained playing out 10:45 Uttam : 50% trailing to cost that is right RK? 10:45 RK : yes 10:45 RK : guys not getting update? 10:45 Uttam : no its here 10:45 Manjunath : getting RK 10:45 Uttam : and also in announcement tabs 10:45 Shubro : yes getting had to refresh this end…network on and off as well 10:45 RK : I got doubt due to many queries 10:45 Uttam : lol 10:46 Subhodeep : @rk 855 750 wthats my wait 🙂 10:46 Subhodeep : thats* 10:47 RK : we will get those levels..but how and when and at what drawdown cost is the play 🙂 10:47 Subhodeep : true that 10:47 RK : mkts wont go to our obj in straight road and in desired time..thats why many way of doing that..sm by intra sm by swing 10:48 Subhodeep : well if we have the obj we can plan for it with a few stops:) 10:48 Gaurav : 16th JAN at vwap, this chart: https://vtrender.in/wp-content/uploads/2019/01/4-12.png 10:48 Gaurav : same time volume spike in march NF 10:50 Subhodeep : 🙁 screen 10:50 Gaurav : i actually missed this just by checking feb only, thanks to suyog who mentioned that day eod that some rolls were for march 10:50 Shubro : screen gone again? 10:51 Shubro : ok guys stupid question but a roll means a sell and a buy in future right? 10:51 Gaurav : not necessarily, just large chunk of volume moving from one series to next 10:52 Gaurav : carry forwarding open positions to next series 10:52 Shubro : but to forward wouldnt one have to exit current? 10:53 Shubro : and that should show up in OF? 10:54 Gaurav : showns up, but entry is messed up on buy/sell side because of large volumes, just dont assume plain sight that it is a buy or a sell volume 10:54 Shubro : ah ok ..good good. thx Gaurav. keep posting good stuff. 10:54 Gaurav : we get 6L rolls in expiry week 10:55 Shubro : you should write a nice little piece on this Gaurav …will be very useful to understand 10:55 Shubro : rollover dynamics 10:55 MJ : Shai above vwap. 560 in sight? 10:56 Himanshu : shai rk .. we r accepting yesterday singles..it means buyers liquidating? 10:56 Gaurav : SHai’s commentry can be found all over the room chats, just make it a habit to read it everyday 10:57 Uttam : yesterday’s was a short coveing move Gaurav 10:57 Gaurav : i am also just 10 months here 10:57 Shubro : so we are back in the bracket and sideways more likely Uttam? 10:58 Uttam : below poc pf ‘p’ NF is weak 10:58 Gaurav : just beacuse it raining cats and dogs in delhi, i am in the room today, otherwise my best source of learning is EOD chats and charts 10:58 Uttam : Shubro we could be slowly sliding down & could get a big move later in the day or week to the downside as PLR now clearly down 10:59 Shubro : Right Uttam. 10:59 Himanshu : nybody ? uttam ?(10:56) Himanshu : shai rk .. we r accepting yesterday singles..it means buyers liquidating? 11:00 Shubro : very nice Gaurav. A different kind of trader then. Do share your strategies. 11:00 Shai : Nice Gaurav. Good to read 11:00 Uttam : (10:57) Uttam : yesterday’s was a short coveing move Gaurav 11:00 Shai : yes always better to hear 11:00 Uttam : @Himanshu for you 11:00 Shubro : strength in diversity 11:00 Himanshu : koi nahii uttam.. got it 11:01 Uttam : 🙂 11:01 Shubro : Just received this book …Markets in Profile. Dalton . weekend research now 11:02 RK : Himanshu forget about buyer and seller..simply keep this in mind..balance in imbalance and imbalance in balance = acceptance = reversal..plan trades accordingly at right places 11:03 RK : so yday buying tail is imbalance and now balance there means its accepting means its reversal of yday action happened via tail 11:04 RK : what you need to learn is when and where and how much you need to press 11:04 Shubro : just getting to understand balance imbalance itself is like the karate kid movie RK 11:04 Shubro : wax on wax off 11:04 Shubro : crane moves will take time 11:05 RK : balance in tail means you cant expect straight down..it may bounce also like to give FA or get rej above IBH etc..so you need to get the context and wait for clues to get it 11:05 RK : *get in 11:05 MJ : Rk ki Pathshala. Wonderful explaination RK. 11:06 Manjunath : Nice pearls of wisdom from RK 11:07 Subhodeep : +1 rk 11:07 Uttam : oh yes I have neen telling him to get a book published 11:07 Subhodeep : really helpful insights 11:08 Subhodeep : +2 uttam :09 11:10 RK : Book full 10920 (10:00) RK : Part book 10920 and move SL to 10941 (09:21) RK : Short NF below 10940 for 10900 SL 10968 11:11 Shubro : screen gone again Shai 🙁 11:12 Manjunath : +1 RK 11:13 Shubro : Subho u got screens? 11:13 ANAND BABU NATARAJAN : no screen 11:14 Shubro : ok so all of us then…i thought my network being a B#$% today 11:14 Himanshu : excellent rk thanks a lot.. 11:15 Himanshu : connectivity issues here..so replies r late 🙁 11:17 MJ : 914 exact buy at previous extension handle. 11:18 MJ : was expecting them to say hellow. 11:18 Himanshu : y that 86k is not appearing in 30 min chart? 11:18 MJ : It is there. 11:18 MJ : 91 11:18 Azmath : 91 in 30 min 11:18 Himanshu : okk got refreshed 11:20 MJ : Azmath you intend to keep it Ping pong? 11:20 Subhodeep : na methinks azmath wants it lower 11:20 Azmath : +1 Subhodeep 11:21 Azmath : Vix High, Volumes very less.. slow mo slide… every rise u keep seeing a push down 11:21 MJ : /\ 11:21 MJ : You are up from your hibernation it seems 🙂 11:23 Azmath : hehe 11:23 Shai : aplologies for the connectivity issues today. 11:24 Shai : 10910 has shown buyers as expected 11:24 Shai : 10935 still the res 11:25 Shai : easy part of the day done here – (08:59) Shai : is weak below 10980 today with lower ref of 10930 amnd 10910 11:25 Shai : structure is still weak for 10855 test 11:27 Azmath : Shai these less volumes is it becoz of new margin rules ? 11:32 Shai : could be 11:32 Uttam : BNF giving a DD down? 11:32 Uttam : pretty small Ib in both 11:32 Shai : there is a massive turmoil cos of these and I am not refering to only retail 11:32 Subhodeep : @shai because of what shai the turmoil? 11:33 Shai : just the net return on a strategy has changed for many on the institutional side in 1 day 11:33 Shai : same strategy less return differnce of 1 day 🙂 11:34 MJ : BNF plan to go back to poor lows? 11:34 RK : but if am right mostly they consider min 2x of margin while devising strategy.. 11:34 Azmath : Thanks Shai 11:35 RK : If they consider as is then its getting hit now for sure 11:36 Uttam : (11:32) Uttam : BNF giving a DD down? 11:38 Shubro : Shai volume increase and COT -ve means selling intent higher right? 11:39 Shubro : as in current 5 min NF bar? 11:40 Shai : cot was +ve on that last leg down 11:40 Shai : they are not adding more- is the inference 11:40 Shubro : right ok many thanks 11:40 Shai : BNF still in the first 5 mins range 11:40 RK : yes 11:41 Subhodeep : break the low please………….. lets get to 888 11:44 Shubro : grinding lower to breakaway later looks like in NF RK? 11:45 RK : absolute low vol auction here..failure to extend can bounce back 11:45 Manjunath : vwap test pending before going down? 11:45 RK : I dont see a big break down here 11:45 Shubro : hmm ok 11:45 RK : could be small break here and there and might come up 11:46 Ravi : Poor lows to be repaired RK in NF? 11:46 RK : where is poor low? 11:46 MJ : BNF 11:47 Ravi : in NF RK 11:47 Uttam : both have poor lows I guess? 11:47 MJ : Yes this profile on screen says it does. 11:47 RK : NF no poor low..allow F to complete to call it 11:47 RK : BNf yes.. 11:47 Ravi : Ok 11:47 Uttam : +1 RK got it 11:47 Shubro : RK why F? 11:48 RK : and first reaction after poor low is bounce 11:48 MJ : TPO in action not valid for poor low? 11:48 Uttam : F may also repair BNF’s poor low too 11:48 RK : then look for repair 11:48 Uttam : @Gaurav you there>
11:48 RK : MJ how could say it has already made low when TPO is not yet over?
11:48 Uttam : MJ is super power RK 🙂
11:48 RK : 🙂
11:48 MJ : lelo aaplog 😛
11:48 MJ : bas.
11:49 Shubro : haha ….MJ is God rest all read data
11:49 Shubro : all in good spirit MJ dear
11:49 MJ : Oho tweet references….
11:49 MJ : hahaha!
11:49 Uttam : kabhi kabhi lagta hai 😉
11:49 MJ : Uttam aaj lag raha hai.
11:49 MJ : 8/8
11:49 MJ : and now not trading coz 9th trade might take away most of the mtm.
11:49 MJ : 😛
11:49 Uttam : MJich bhagwan hai…
11:49 MJ : so chilling by the side.
11:50 Shubro : yar MJ seriously u should give us finger speed lessons like in guitar classes
11:50 Shubro : saala idhar 2 trade karne mein phat jaati hai hes got 9 already in first session
11:51 Shubro : simply amazing
11:51 MJ : 2 were bot alerts and 3rd was RK trade.
11:51 Shubro : u got method to your speed bro good stuff
11:51 MJ : Others were clear scalps.
11:52 Shubro : where is Jit ?
11:52 Shubro : aaj AG ky abolta hai re baba?
11:54 Ravi : Till where will u except bounce RK from poor lows normally?
11:54 Ravi : (11:48) RK : and first reaction after poor low is bounce.
11:54 RK : depends day range developing
11:54 Gautam null : till previous days fat formation
11:54 RK : and many other factors
11:54 Ravi : ok
11:55 MJ : RK can’t clear 470 500 zone,
11:56 RK : MJ BNF?
11:56 MJ : Yes.
11:56 MJ : VPOC acting as a resistance?
11:56 RK : VPOC of which day?
11:57 MJ : I am seeing the one on the screen RK. 27480 something. Don’t have charts.
11:58 RK : ok its from 15th
12:00 Subhodeep : 10902 the poc for daybefoer yesterday is what my reference is if thats taken then we are on ……….
12:01 MJ : 444 cometh.
12:01 Subhodeep : shubhro msg koro slack a by eod
12:02 Shubro : yes Subho
12:02 Shubro : will do
12:02 Subhodeep : rk willing to take out 902?
12:02 Subhodeep : 🙂
12:04 Subhodeep : dow futures seems to be aping us 200 points in the red
12:06 Subhodeep : can see azmaths registers jingling 🙂
12:06 Azmath : LoL
12:06 Subhodeep : finally..
12:06 Subhodeep : 86k buyers
12:06 MJ : Done ahe 41k buyers at (12:01) MJ : 444 cometh.
12:06 MJ : 😛
12:07 Uttam : right time for a DD comeon
12:07 Subhodeep : that an sl trigger or rb?
12:07 Ravi : Shai lows secured in NF?
12:07 MJ : Looks like.
12:07 Subhodeep : kya???
12:07 MJ : Secured lows.
12:07 Subhodeep : nahi 🙁
12:07 Uttam : 40k guy back in BNF
12:07 Shubro : hehehe
12:07 Subhodeep : 888 to dedo
12:08 Subhodeep : out anywasy at 892
12:08 Subhodeep : alyour s now mj
12:08 RK : Long NF 50% above 10900 SL 10870 will update obj
12:09 Subhodeep : diya mujhe nikal ke 888
12:09 Subhodeep : 🙂
12:10 Shai : 10902 are SL orders
12:11 Shai : 10882 is the buyer
12:11 Shai : 10905 may resist
12:15 Ravi : Tq MJ(12:07) MJ : Looks like.
12:16 Ravi : 10902 Extension handle?
12:16 Shai : to be confirmed at close
12:17 Shai : Ext is a positional signal not intra
12:17 Subhodeep : thanksshai now the reads are getting clear wrt sl stops and buyers
12:17 Ravi : Tq Shai..noted
12:19 Himanshu : shai SL orders need to be in reds ?(12:10) Shai : 10902 are SL orders
12:22 Subhodeep : rk obj for long above 900 to be 922?
12:25 RK : 10940
12:25 Subhodeep : noted
12:26 Shubro : BNF making a molehill to go mountain later RK?
12:26 Subhodeep : hahah nice choice of vocab 🙂
12:26 RK : BNF yet to decide..no new low with NF
12:27 Subhodeep : if you condition of long not met then it seems we shall see 855 gain today 🙂
12:27 Shai : a small smile – https://vtrender.slack.com/archives/C0F31QRN3/p1548140232000100
12:27 Ravi : RK cot +3.83Lakhs in NF 30min candle have any significance to look for?
12:28 RK : +1 Shai
12:28 RK : mine was 27442 🙂
12:28 Shai : Nice
12:29 Uttam : super Shai & RK +100
12:31 Subhodeep : +1
12:33 RK : VWAP at IBL..acceptance can give neutral day
12:33 Shai : yes
12:33 Shai : could be like last week
12:33 Shai : same thing so far
12:33 Ravi : RE upside possible RK?(12:33) RK : VWAP at IBL..acceptance can give neutral day
12:34 RK : Ravi possible
12:34 Ravi : Tq Rk
12:34 Shai : only problem is this low of today is not secure yet
12:34 Shai : 10920 is ref
12:36 Ravi : Shai we got Finished Auction at Lows with RB and Zero ..Is it not secured?
12:37 Shai : RB yes but this is a variation
12:37 Shai : not secure yet
12:37 Ravi : Ok Shai Tq
12:37 Shai : take this screen shot and compare o last week
12:38 Ravi : Sure Shai
12:38 Ravi : will do
12:38 Shai : may not be intra but we may get visited again this week
12:39 Shai : what I am watching for is signs of this 1.5 L guy booking
12:39 Ravi : ok Shai
12:39 Shai : he is up 30 points in 20 mins
12:39 Shai : just power at work
12:40 Shubro : Shai what does he make like some 45 llakhs in that move is it?
12:41 Shai : yes
12:41 Shai : simple math actually
12:41 Shubro : F&&&CK
12:41 Shubro : sorry for the language
12:41 Ravi : If no exit then he may hold till RKs RE upside and can get 100 points(12:40) Shubro : Shai what does he make like some 45 llakhs in that move is it?
12:41 Shubro : u r making me cry
12:47 Shubro : vwap acting as magnet RK?
12:48 RK : not yet
12:50 RK : I see this as liquidation in slow move since morning one way down from locals..now responsive in..his job is to get into range > done..next challenge VWAP..then move up entire dev value..then extend IB other side..so as long as he is doing good job we can monitor auction
12:52 Ravi : Super context RK(12:50) RK : I see this as liquidation in slow move since morning one way down from locals..now responsive in..his job is to get into range > done..next challenge VWAP..then move up entire dev value..then extend IB other side..so as long as he is doing good job we can monitor auction
12:52 RK : extn handle down at 10906 failed..so now focus is create imbalance in the balance which created extn handle
12:52 Manjunath : nice
12:54 Shubro : RK when uyou say imbalance in balance you mean imbalance on the other side as 906 failed
12:54 Shubro : ?
12:55 RK : yes..I mean imbalance upside into morning balance roughly 10920-10940
12:55 Shubro : got it great thx
13:17 Pradeep : Our Latha didi is upto spoiling our setup
13:27 Shai : setup works oly abv IBL and vwap
13:27 Rushabh : shai expiry near 10800 looks like?
13:28 Rushabh : you had mentioned smthng last week
13:28 Uttam : and both IBL & Vwap have combined today at 10917
13:29 Uttam : which was also the VAL of the 3day bell in NF last week
13:29 Ravi : Is it rejecting Uttam(13:28) Uttam : and both IBL & Vwap have combined today at 10917
13:30 Uttam : high of this bounce so far is exact
13:30 Uttam : 10917
13:30 Ravi : ok
13:30 Uttam : righgt now between 10902 & 10917
13:30 Uttam : will get weak if stays below 10902
13:31 Uttam : BNF coiling in a 100 point range of 27530-27430
13:32 Uttam : yesterday’s HVN was at 27580 & todays exact 100 poi nts lower
13:38 Jayesh : MJ u there?
13:38 Uttam : greens at vwap
13:39 Gautam null : booked profits.
13:40 RK : Book full 10928 (12:08) RK : Long NF 50% above 10900 SL 10870 will update obj
13:40 RK : aggressive can look for 10940/45
13:41 RK : 10895 invalidation now
13:41 Uttam : +1 RK
13:43 Manjunath : Good call RK _/\_
13:45 Uttam : any chance of 10980 coming today RK?
13:46 RK : 10990 🙂
13:46 Uttam : 🙂 cheers
13:46 RK : but outside dream
13:47 RK : lets first get 10940 and see how we get reaction
13:47 Uttam : lets see but next move only after 2:30>?
13:47 Uttam : yep
13:47 RK : quite a flat vwap and bands esp in BNF
13:48 RK : so better dont chase at highs
13:48 Uttam : hmm yes
13:50 Uttam : open in both NF & Niftu same today 10950
13:50 Uttam : Nifty*
13:52 Uttam : 24k greens at top on 5mins
13:52 RK : 10892-10933 satisfying trade here 🙂
13:53 Uttam : lovely RK 🙂 congrats
13:54 RK : BNF Neutral
13:54 RK : and FA at lows
13:56 Uttam : that 40k buyer of BNF booking looks like
13:57 Uttam : century for him
13:57 RK : 940-920 balance took 120 mins and imbalance is just 15mins (12:52) RK : extn handle down at 10906 failed..so now focus is create imbalance in the balance which created extn handle
13:59 Uttam : probable FA in BNf at highs also now 😉
14:05 Shai : just unbelievable the range in BNF
14:05 Azmath : TD working
14:05 TP : yes
14:05 TP : just got a msg from support
14:06 Uttam : abba I even closed it as thought today also EOD only we will get it
14:07 TP : yes no use as historical data missing.
14:07 Uttam : yep
14:08 Uttam : decided to go with GDFL for NT charts also
14:08 TP : but found few cheap alternatives for ami. data.
14:09 RK : now Fun time in NF
14:09 Uttam : but how reliable will they be Tej? Cos there was onye giving for 500 per month with free cash data 😉
14:09 Uttam : yes RK
14:09 Uttam : bring it on
14:09 Subhodeep : hahah
14:09 TP : Uttam they will be needed max say 6 times a year 🙂
14:10 Uttam : oh ok as back up you mean
14:10 TP : yes
14:10 Uttam : +1
14:10 TP : RK fun time only for NF 🙁
14:10 Uttam : 10956 first level to wathc if NF can sustain above 10935
14:10 RK : Tej 🙂
14:11 TP : give a nice NE in BNF into the close.
14:11 Uttam : its already NeuE Tej 😉
14:11 TP : too small for me.
14:11 Uttam : lol yes I know
14:12 Uttam : looks like another day when NF will have a bigger range than BNF
14:12 RK : probelm is range there today..being neutral can slide between IBH and IBL even with a small push
14:12 RK : 27500 is flipz one
14:12 Uttam : true RK, till the last 30mins any side NeuX possible in thayt
14:12 RK : can do 40-50 points either side from 27500
14:13 TP : +1
14:14 Uttam : nice bell in NF
14:16 Uttam : vwap still flat RK?
14:16 Uttam : need to turn up?
14:16 Manjunath : Each data source on different machines Uttam/TP ?
14:17 TP : prefebaly otherwise difficult to set up.
14:17 RK : BNF trying to expand Uttam
14:18 RK : 15-20 expanded from my observation
14:18 Uttam : oh ok RK so that could lead the move today if we get any?
14:19 Manjunath : ok – tks
14:19 RK : yes Uttam
14:19 Uttam : thanks RK
14:20 Uttam : I have all on one machine only Manjunath as not as resourceful as Tej 😉
14:20 TP : you mean single ami with 2 data vendors Uttam
14:21 Uttam : ami I load 4 versions on my laptop 😉 one for live, one for EOD f&o, one for TD Spot & one was the first one IU created whcih I update daily data of NSE
14:21 TP : Will follow up on Slack later, tks.
14:22 Uttam : and NT7 for profile charts
14:22 Uttam : sure Tej
14:22 Subhodeep : asian falls of a cliff
14:22 Manjunath : Someone told it’s pssoible….was wondering how is it possible
14:22 Subhodeep : resut reaction
14:22 Manjunath : wow
14:23 Manjunath : how much RAM do you require to run four at a time?
14:23 Manjunath : plus NT?
14:24 Subhodeep : and back again to similar levels on asian
14:25 TP : Shai views on weekly 275k combo , current price 285.
14:25 Uttam : perfect Tej and both almost same price
14:26 TP : i think can hit 350 once before expiry .
14:27 RK : happened..this is where MP context and OF helps to decide when to press when to switch (10:47) RK : mkts wont go to our obj in straight road and in desired time..thats why many way of doing that..sm by intra sm by swing
14:30 Uttam : +100 RK
14:31 Subhodeep : true rk
14:31 TP : +1
14:31 Shai : +1
14:32 TP : Uttam missed these views on the 275k by chief ……(10:47) Shai : 27500 is more centered for the series Vijayakumar(10:47) Shai : good chances that we spend the rest of the month around this zone only
14:32 Uttam : oh yes this was in the stock tab right?
14:32 TP : yes
14:32 Uttam : so lets observer that till Thursday afternoon
14:33 RK : if we close above 10960 today then expecting fast paced two side auction tmw too
14:33 RK : 11000-10850 maybe
14:33 Uttam : kal ka kal dekhnge RK but give me that close above 10960 first 😉
14:34 TP : Rk above 11020 spot you will one way traffic 🙂
14:34 TP : allow
14:34 RK : yes Tej
14:34 Uttam : needs to close above 11025 spot Tej
14:34 RK : but highly unlikely seems as of now
14:34 Uttam : then we can trend u till budget I feel
14:34 TP : ok bots this is your pre board assignment 1025 spot .
14:34 RK : no Uttam..may be quick 200 then again grind
14:35 RK : but above 11020 one quick imbalance up
14:35 Uttam : still 200 pointer in one direction will be nice RK after this composite khichdi 😉
14:35 RK : I prefer moves between 11000-10750 for sm time
14:35 RK : atleast this week and early next week
14:36 Uttam : you mean till this series is out of way
14:36 RK : yes
14:36 Uttam : and then have a trending Feb?
14:36 RK : that we decide based on Jan close
14:37 RK : if today we close at low quad then we can expect a move down to continue tmw
14:37 RK : we are travelling in composite P now
14:37 RK : that has obj open till 10750
14:37 RK : if we spend entire Jan here then might get bell from P
14:37 Uttam : if 10980 is not taken out?
14:37 RK : 11020
14:38 Shai : expecting 27930 or 27046 F from these profiles – (14:25) TP : Shai views on weekly 275k combo , current price 285.
14:38 Shai : can come on friday late of Mon –
14:38 Shai : that is the hioccup
14:38 TP : tks chief better to see it on expiry day then .
14:39 RK : my 2019 resolution is to ditch weeklies trading..not traded this month single time..steals focus and mostly account too..atleast for me 🙂
14:39 Uttam : then BNF only fut RK?
14:39 RK : yes
14:39 Uttam : Nf also starting weeklies from next month
14:39 Shai : or move out of the balance TP
14:39 RK : always traded Fut only..but smtime gambler wakes up and gets into weekly
14:39 Uttam : lol
14:40 RK : which I decided to avoid
14:40 Uttam : Shai that monthly Pain in BNF still around 27100
14:40 TP : But weeklies are cheaper esp ditm and limited risk.
14:40 Shai : better strat here is to wait than anntcipate the next leg
14:40 TP : +1
14:40 Uttam : yes Shai
14:40 Shubro : very good Shai..that thought was pakaoing in mind
14:41 RK : have to make a plan Tej..have to approach it as Fut contract and not with current week OTM buys..will do a process then consider it
14:41 Uttam : makes sense RK
14:41 Uttam : this week’s pain in BNf at 27500 itself
14:42 TP : Agree , the biggest advantage is ditm options allow a decent SL even for ID.
14:42 RK : Shai dont you think this is the theme for entire 2019 (14:40) Shai : better strat here is to wait than anntcipate the next leg
14:43 RK : I feel that guys who try to time the mkts gonna suffer this year..
14:43 RK : Uttam makes sure no one gets advantage..both side 15 points IB swipe and back to VWAP hug 🙂
14:43 RK : BNF
14:43 Subhodeep : +1
14:44 Uttam : lol RK
14:44 Subhodeep : even nf wanting 920 value area
14:44 Shai : + 1 agree- (14:42) RK : Shai dont you think this is the theme for entire 2019 (14:40) Shai : better strat here is to wait than anntcipate the next leg
14:44 Uttam : dip done & now can we spike 😉
14:44 Shai : political circus will start also
14:45 RK : yes
14:45 RK : get Vix above 22 pls 🙂
14:45 Subhodeep : already started shai , evms again doing rounds…
14:45 Ravi : Expect downside please Uttam(14:44) Uttam : dip done & now can we spike 😉
14:45 Subhodeep : +3 rk
14:45 Shai : yeah I know
14:46 Uttam : only bell looks like
14:46 Uttam : no spike
14:46 RK : wide poc in both
15:04 Subhodeep : tag highs niw @rk?
15:04 RK : less chance
15:05 Subhodeep : hmm
15:05 Subhodeep : 3:10 pm thats my draw line.. hads clasped fingers crossed
15:05 Subhodeep : :0
15:10 Uttam : (14:46) Uttam : only bell looks like(14:46) Uttam : no spike
15:13 Uttam : RK Nf making sure it closes not above 10960 not in the lowest quadrant 😉
15:14 Ravi : Uttam below 10960 is NF Weak?
15:14 Uttam : no Ravi not weak but RK mentioned a close above 10960 could give fast paced moves tom both sides
15:15 Ravi : OK Uttam Tq
15:17 RK : that 1lac buyer seems want dVAH close
15:19 Miyajan : .looks like we are done with the chop,expecting nifty to run to 11200 soon
15:20 Subhodeep : shall trya nd live the rpesent as rk puts it
15:20 Subhodeep : rk 9 minutes chance still exists to tag dhigh
15:20 Subhodeep : ?
15:21 Uttam : Amen Miyajan
15:23 Miyajan : my expectation invalidated if we don’t open gap up tomorrow
15:24 Ravi : I dont think so Miyajan Put unwinding in Nf jan Contracts happening
15:24 Ravi : (15:19) Miyajan : .looks like we are done with the chop,expecting nifty to run to 11200 soon
15:24 Subhodeep : thanks to rk and uttam and shai fo rputtin up with my queries as well a big thank you .
15:25 Uttam : _/\_
15:25 RK : poc to poc at IB tmw good probability
15:25 RK : 10925-10980
15:26 RK : with this close
15:26 Uttam : yes RK could not do it today so lets do it tom
15:26 Shai : if they keep it coiled till the budget then easy move if on feb 1 and should be big
15:27 Shai : but I think they will move this as news of the budget starts filtering in
15:27 Subhodeep : +1
15:27 Shai : something like STT abolished 🙂 🙂
15:27 Shai : next 1000 up
15:27 Subhodeep : traders fantasy
15:27 Miyajan : ameen
15:27 Subhodeep : amen to that
15:28 Uttam : then need to carry some out of money Ce daily Shai 😉
15:28 RK : dPOC moved up and dPOC close
15:28 Shai : one India one tax called GST but we pay STT also
15:28 Subhodeep : stt le ke lekin everytime there is this expectation
15:28 Uttam : both closing at dPOC RK>
15:28 Subhodeep : and no one ever aceded to this request
15:28 Subhodeep : acedes
15:28 Subhodeep : *
15:28 Uttam : election year so can come
15:29 Subhodeep : i shall tag on in that bus uttam
15:29 Miyajan : the most difficult profession is perceived as the easiest one so tax them to death
15:29 Subhodeep : very true yajan
15:29 Subhodeep : thanks have great evening :0
15:29 Subhodeep : all
15:29 TP : Bye All.
15:29 Ravi : Bye all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
09:09 Vijayakumar : shai your view on 28k monthly call in banknifty
09:48 MJ : Heatseeker has slayed Tata Steel.
09:50 Uttam : views on TataSteel & Axisbank Shai, both looking weak for more downside?
10:14 Subhodeep : @shai thanks for sun tv if you recall, also id obj on it do you think supply would set in at 525 odd?
10:47 Shai : 27500 is more centered for the series Vijayakumar
10:47 Shai : good chances that we spend the rest of the month around this zone only
10:48 Shai : I have not tracked those options but will check also
10:51 Shai : tata steel beyond intra day
10:51 Shai : 457 is the next supp
10:53 Uttam : it can come today?
10:54 Shai : yes trend down
10:54 Uttam : +1
10:54 Uttam : Axis can fall to 647 this week?
10:55 Gaurav : Shai, ICICIBANK short targets this week/expiry
10:55 Shai : sun tv 549 is the big seller
10:55 Shai : 521 intra res
10:56 Shai : 653 intra suop axis
10:57 Shai : 662 res
10:57 Uttam : thanks Shai
10:57 Shai : if closes below 657 today then yes 646 due
10:57 Uttam : yep lets do it then 😉
10:58 Shai : 364 a strong supp in icici this week
10:58 Shai : 367 also an intra suipp for day
11:07 Uttam : Tatasteel low 458.1 so far Shai booked at 458.5 short at 463.5
11:08 Uttam : TCS weak below 1910 Shai for a visit to 1870?
11:09 Uttam : alerto also gave signal to book fully 🙂 Tatasteel
12:10 Gaurav : Shai can I buy ZEE futures Feburary?
12:55 Uttam : Shai Axis got big reds at 663 today in this bounce?
14:01 Shai : no signs of bigh buying yet in Zee
14:01 Shai : but is poised at an imp supp of 424
14:02 Shai : 407 is a longer term supp here
14:02 Shai : should hold that 1
14:03 Shai : axis yes RS was there
14:03 Uttam : thanks Shai, has done 655 from that 663
14:25 Subhodeep : @shai so swif t moves n asian??
15:12 Manjunath : Shai – What could be the top for Mindtree this series? 940 will break?
15:12 Uttam : Shai DRL gave a whip below 2590 & now at 2640, looks good fro more?
15:12 Shai : asian back
15:12 Subhodeep : yes
15:13 Subhodeep : did my 4 cents 🙂
15:15 Shai : on current vol 940- 45 shoukld produce supply
15:15 Shai : is it earnings move?
15:16 Shai : any dip to 870 would be bought for 980 plus next mont
15:18 Manjunath : earning’s is out. Not sure of the sudden move…
15:18 Manjunath : I mean, not today…couple of days earlier
15:19 Subhodeep : @shai earning move visble on united spirits as well
15:19 Subhodeep : results tomorrow
15:19 Subhodeep : asian it was earnign reaction
15:20 Subhodeep : 1424 to 1382 to 1426 to 1395 to 1420 and so on and so forth
15:20 Uttam : trend day up in DrReddy Shai?
15:20 Uttam : 2623 vwap new sup in it?