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
08:58 Favas : goodmorning
08:58 Rahul : Morning
08:59 Nirmal : gm
09:01 Rohan : GM All
09:01 Bommareddy : GM All
09:01 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/899749229
09:02 Vtrender Live : 5 min charts of NF- https://join.me/394-231-312
09:03 Neeraj : Good morning all
09:03 Adi : Good Morning all
09:03 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647757118?pwd=czdxcVdrZ2MvbkhpUUpFenBJK3dDZz09
09:04 Aditya09 : good morning all
09:04 Avinash : GM Everyone
09:07 Uttam : Good Morning All 🙂
09:08 Giridhar Gowravajhal : Good morning all !!!
09:09 Amar Ramsinghani : Good Morning All
09:09 Shai : GM all
09:10 Vishnu : gm all
09:10 Rajesh G : gm
09:10 Shai : Yesterday the NF went bullish again abv 11130 and put a higher obj at 11200/ 11224
09:10 Tejpreet : GM All
09:10 Shai : we work with the same for the open
09:10 Chetas : did w crry?
09:10 Chetas : Did we carry ?
09:11 Shai : Buyers continue extensions and are in control
09:11 Manikandan : Gm all
09:11 Shai : No we do not carry overnight risks here
09:11 Shai : just work with the info on screen and what you can manage peacefully
09:11 Nirmal : shai sir as per last meeting ..11200-11300 scene of control coming shall we careful ?
09:12 Nirmal : scene of crime
09:13 Himanshu : gm ALL
09:13 Sachith : Good morning everyone… happy trading
09:14 Avinash : Freak low 10805
09:15 Rahul : wooh Fat finger ?
09:16 Shai : I have scrubbed it for now
09:16 Shai : that 10800 zone shoukld get visisted once in the enxt 1 week
09:18 Ankush Jain : we are at 11130
09:18 Tejpreet : any quantity traded there 10805 ?
09:19 Tejpreet : missed seeing the numbers
09:19 Shai : freak high in 11200 ce also
09:19 Anuj : GM everyone
09:19 Shai : some 1 panicked early there
09:19 SandeepP : gm joined today
09:19 Saheer : It is from 10805 to 10825
09:20 Aditya09 : welcome
09:24 Uttam : 11130 holding for now
09:24 Govind : Shai, NF MP chart needs adjusting please
09:24 Uttam : will BNF confirm an ORR?
09:25 Tejpreet : Uttam vol are good ?
09:25 Uttam : BNF yes slightly better than average
09:25 Shai : done
09:26 Nitin : ODD day ?
09:26 Jitender : u mean cross the opn lvl in bnf ? (09:24) Uttam : will BNF confirm an ORR?
09:26 Uttam : BNF needs to get in to previous Value
09:27 Tejpreet : Reliance delays Q1 FY 21 result announcement by a week to July 30
09:27 Tejpreet : reason for the dump ?
09:27 Uttam : mota bhai wants to cover monthly expiry positions 😉
09:27 Tejpreet : lol
09:27 Rajesh G : shai links not visible
09:28 Irfan null : gm all
09:28 Shai : what dump?
09:28 Shai : RIL is up no?
09:29 Govind : Yes, RIL is up
09:29 Govind : 1993.25 is high
09:29 Munish : does this qualify as open drive down?
09:29 Munish : NF
09:29 Swapnil : Silver went crazy
09:29 Adi : ORR
09:29 Shai : it does
09:29 Uttam : OAIR in NF
09:29 Tejpreet : Shai meant NF slump , fat finger
09:29 Uttam : BNF could give a ORR
09:29 Shai : vol not keeping up though
09:29 Shai : watch B
09:29 Uttam : but need to break 22800
09:30 Uttam : and vols needs to increase in this 15mins
09:31 Rajesh G : shai is it open drive
09:31 Uttam : no vols for a drive
09:32 Vyom : ya speedo less than 90 in nifty
09:33 Jitender : Dt done 🙂
09:33 Tejpreet : +1 Jit
09:33 Tejpreet : 1.2 for me
09:33 Vishnu : +1 jit
09:34 Vishnu : tp congo man
09:34 Jitender : +1 Tej
09:34 Vishnu : me did only 0.4 dt
09:34 Uttam : 22800pe from 265-335 50% out
09:34 Jitender : tx guys
09:34 Avinash : +1 Jit
09:34 Vishnu : did with 23k weekly pe 340-370
09:34 Tejpreet : looking for a clear trend day down if we don’t get above 165 in NF
09:34 Jitender : +1
09:35 Jitender : tats y i was surprised wen uttam said orr
09:35 Jitender : thought of squarn up…but gt thru
09:35 Aditya09 : bn speedo increasing
09:35 Rahul : Shai can u please increase font size thanks
09:36 Uttam : ORR hua na
09:36 Shai : 11080 coming
09:36 Shai : new round of selling
09:36 Shai : sl will be vwap of these sellers
09:36 Tejpreet : BN ORR as it opened outside yesterday range
09:37 Jitender : n if u ignore 1 st min 🙂
09:38 Tejpreet : Today’s 1st min cannot be ignored 🙂
09:38 Shai : intra- short NF below 11108 sl of 11133 tgt 11080
09:39 Shai : tgt 2 11058
09:39 Jitender : 🙂 (09:38) Tejpreet : Today’s 1st min cannot be ignored 🙂
09:39 Shai : short below only*
09:41 Jitender : nf has left a marker 🙂
09:41 Irfan null : in
09:42 Ketan : @jit., what do you mean nf has left a marker ?
09:42 Jitender : 10805
09:42 Uttam : freak low of 10805 Ketan
09:42 Uttam : RMs marker it is
09:43 Shai : 🙂
09:43 Maxis : RM?
09:43 Jitender : (09:16) Shai : that 10800 zone shoukld get visisted once in the enxt 1 week
09:43 Ketan : aha. thanks uttam .
09:43 Tejpreet : Jit you planning a visit there today or for expiry 🙂
09:43 Jitender : depends on UG Tej…he will lay the path
09:43 Tejpreet : +1
09:45 Uttam : wah wah LLTs are you both so your vols will define that 🙂
09:45 Vishnu : +1 ug
09:45 Shai : Those who got triggereed in NF sell come out and wait
09:45 Rahul : Shai, can u please increase font size
09:46 Shai : we activate below 11108 on volumes
09:47 Uttam : and this is our LLT no.3 – (09:45) Vishnu : +1 ug
09:49 Uttam : VWAP will be imp in BNF
09:49 Tejpreet : +100 Shai for timing
09:49 Uttam : if taken out then ORR negated
09:49 Jitender : 649 bnf ….bck in play
09:49 Uttam : 22615 was the PBL from where it spiked yesterday
09:50 Uttam : today low so far 22625
09:51 Anuj : in nifty if today’s low secured then we can have temporary trading range of 100 points
09:52 NeerajS : whts RMs marker?
09:52 Uttam : @Tej any plans for giving a 1000 pointer in BNF today?
09:53 Jitender : 430 below it …the day before supp..thoygh 500 is also minor supp (09:49) Jitender : 649 bnf ….bck in play
09:53 Tejpreet : Uttam all your’s today , mostly coffee day as will just put tsl and watch ….labour done
09:54 Uttam : congo Tej +1
09:54 Tejpreet : tks
09:54 Avinash : +1 Tej
09:55 Nirmal : what do u mean Jitender
09:55 Nirmal : 1000 point down uttam inBN U mean
09:55 Uttam : 1000 point range for the day I mean Nirmal
09:55 Uttam : right now it is 523 so it can be anyside for now
09:56 Uttam : but biased for down as long as we are below VWAP
09:56 Uttam : and the A period tail stays
09:56 Jitender : 770 a resis in bnf now
09:56 Uttam : 2 IB aaya to 1000 ho jayega 🙂
09:57 Uttam : yesterday was just a 388 pointer day
09:57 Uttam : so normally next day gives a bigger range
09:57 Uttam : NF also already matching yesterdays range of 88 points
09:57 Nirmal : ok ORR why ..we have not gone above Open
09:57 Uttam : please revisit what an ORR is
09:58 Nirmal : i saw today morning ..kind of open dribve but it has A both side of open
09:58 Nirmal : in today chart no A above open
09:58 Neeraj : what is considered to be good volumes for ODD??
09:59 KK : will HDFC bk fill that gap in 1120 to 1101 nicely today
09:59 Uttam : C isde coming?
10:01 Narendra : tgt ug??
10:05 Nirmal : it is below yday POC
10:05 Nirmal : i thought in ORR MEans A shud be there below and above OPEN
10:05 Nirmal : but here open=high in spot
10:05 Nirmal : correct me uttam
10:06 Nirmal : it is ORR i understood
10:07 Nirmal : open=high part of it
10:07 Shai : weak below 11140 spot but so far no selling eblow 11107
10:07 Uttam : both 11100 ce & pe being written
10:07 Shai : hope you gusy remember 11107 from yesterday’s OF also
10:08 Shai : if buyers push it abv 11140 we get a round of SC to 11190
10:14 Nirmal : + shai even we go down but we will revisit closer to today high
10:14 Nirmal : +1
10:16 Sanjib : Looks like a Tweezer Top in NF
10:16 Arjun : i am getting lag in join me and webinato . anyone else also seeing the delay ?
10:20 Aditya09 : check
10:20 Rajesh G : yes
10:20 Rahul : charts ticks lagging ?
10:26 Uttam : NF above VWAP
10:26 Uttam : if BNF also follows downside negated
10:26 Uttam : can fill up the mornign singles
10:27 Uttam : boom boom
10:29 Uttam : BNF going for 22900 test?
10:31 Uttam : BNF stalling at this hypo – b) The auction accepting below 22785 could test 22680-615 / 22569-454 / 22340*-250 & 22170
10:31 Uttam : 22785
10:33 Uttam : 22800ce from 235-245 50% out
10:33 Uttam : rest placed at 255
10:33 Tejpreet : +1
10:33 Uttam : out
10:34 Uttam : above 258 that CE gets more legs
10:34 Uttam : can do 300
10:35 Uttam : BNF at vwap
10:36 Uttam : NF does 80% in yesterdays Value
10:36 Uttam : stopped right at yVAH
10:37 Uttam : BN spot tagging PDH
10:39 Uttam : boom boom coming in BNF?
10:40 Uttam : waiting for D period to start?
10:40 Uttam : needs to get above 22825
10:43 Uttam : D starts
10:44 Nirmal : shai is it ORR today ?
10:45 Uttam : boom boom
10:45 Shai : Intra – Buy NF 11143 sl of 11120 tgt 11176/ 11190
10:46 Shai : OD with low vols – (10:44) Nirmal : shai is it ORR today ?
10:46 Shai : what happends when a low volume OD does not hold vwap ?
10:46 Uttam : goes to the other end 🙂
10:47 Nirmal : open drive down
10:47 Nirmal : right shai
10:47 Nirmal : with low volume
10:47 Anuj : in
10:47 Shai : That’s the logic for the trade with sl of vwap – filter
10:48 Shai : Also D not cof with A
10:48 Shai : change is abv C highs though
10:48 Shai : conf**
10:55 Shai : never traded below thiis – (09:46) Shai : we activate below 11108 on volumes
10:55 Shai : Am expecting one hit at 11190 as long a sthat 11107 holds
10:56 JayJ : shai if it hits 11190 still we call the day as OD
10:56 Shai : no OD is out
10:56 Shai : OD would have taken out 11107 easy
10:57 Shai : Good OD’s go through previous profiles guys and auction below them
10:57 Uttam : VWAP is the marker to check if morning seller was aggressive
10:57 Shai : if they have volumes they slice and trade below VAL and PDL easily
10:58 Shai : what we saw at the open was a liquidation
10:58 Shai : tells us we are forming a balance here next 2 days
10:58 Jitender : gold hits 50000
10:58 Shai : I’ll say 11080- 11220 range
10:59 Shai : has it?
10:59 Jitender : yup
10:59 JayJ : thanks shai … great insight
10:59 Swapnil : Silver above 60
10:59 Shai : My gold beees is only 44, how does that ETF move?
10:59 Jitender : no idea Shai…nvr traded tem
11:00 Uttam : you need to ask Visnhu to buy few tonnes of that Shai 😉
11:00 Shai : ok
11:00 Shai : have added it as hedge to porfoilo
11:00 Shai : happy to see both up 🙂
11:00 Uttam : 🙂
11:01 Vishnu : it will give good hedge shai
11:01 Uttam : you feeling like Vishnu today 🙂
11:01 Swapnil : Silver up more than 15% in last 5 days
11:01 JayJ : Gold ETF are bit lazzy and my experience in past 3 years it lags 5-8% less returns in absolute terms
11:01 Jitender : wishn best of both fr u Shai +1
11:01 Shai : yes I noticed
11:02 Shai : that sovereign gold fund was a better idea but I let it pass
11:02 Chetas : for th tax benefit / lower cost, its worth it
11:02 JayJ : yes soveriegn in the secondary market you can get in discount
11:02 Shai : _/\_- (11:01) Jitender : wishn best of both fr u Shai +1
11:03 Swapnil : Fresh SGB has a long lockin and trades illiquid at a discount in market. Difficult to sell when you want to sell given that it can be so volatile. Anyways….
11:03 JayJ : I converted my ETF in to gold bonds
11:03 Sumeet : Anyone buying SGB from secondary market beware the discount is because you lose the cap gain tax benefit. Sorry to be posting non-index stuff here..
11:03 Jitender : Gold was 15800 in dec 2009
11:03 JayJ : and they are good as margin security too
11:03 Vishnu : once the breakout seen we add more stocks adn collect more second hand golds and make it to 24ct. but we are now just makes small caution as equity and gold cant give any parallel move. either one to giiveup. so reduced some bars today
11:04 Himanshu : Gold ETF – they drink Coffee and Tea and Breakfast til Noon debit management expanses
11:04 Shai : feell Free Sumeet , D, E, F for conversation only
11:04 Vishnu : demand seems rduced in gold
11:04 Swapnil : Privilege to have Vishnu’s insight on this . _/\_
11:04 Sumeet : :))
11:05 Shai : some bars – vishnu says
11:05 Swapnil : Vishnu – is there a premium price on physical gold?
11:05 Shai : definition of some changes person to person 🙂
11:05 Himanshu : One report was saying – though due to lockdown woes
11:05 Vishnu : swapnil am only jewller we wont take too much depth in gold if we do our business wont run smoothly. we only works with the turnover and margin
11:06 Vishnu : +1 shai
11:06 Himanshu : Lot of selling from retail came to maket – also Gold Loan folio also increased ..
11:06 Nirmal : UTTAM : can we tell OAIR in range today
11:06 Vishnu : yes we have two markes here one RTGS rate and one physical local rate
11:08 Avinash : Vishnu how does one get the best bargain on a given day to buy jewelry:)
11:08 Swapnil : If a customer gets a physical bar to your shop.
11:08 Swapnil : to sell
11:10 Santhosh null : Vishnu where r u in Kerala,I’m in Trivandrum
11:10 Uttam : D played its part now E needs to make higher highs
11:11 Maxis : There’s a Mike Maloney channel, Gold&Silver.com, guys should check that out. He predicts gold at 10,000$ usd in the future. Also his channel “Hidden Secrets of Money”. Very informative.
11:12 Jitender : +1 Maxis
11:12 Shai : +1
11:13 Shai : 1856 today gold usd
11:13 Shai : 10000 !!
11:13 Govind : people will stop wearing gold at that price
11:13 Govind : out of fear
11:13 Shai : haha true
11:13 Giridhar Gowravajhal : Shai, with adobe’s upcoming retirement of Flash in dec 2020; is it going to affet webinato platform?
11:14 Shai : neck and gold both will be gone
11:14 Maxis : yes. and he makes a strong case for it too.
11:14 Shai : No Giridhar- they are also moving to HTML next month
11:14 Shai : html 5
11:14 Giridhar Gowravajhal : great
11:14 Uttam : (10:29) Uttam : BNF going for 22900 test?
11:14 Vishnu : if any gold query come in slack
11:15 Shai : +1
11:15 Vishnu : yes gov thts why said low demand
11:15 Shai : give me 1 ton Vishnu . Payment after 10 years 🙂
11:15 Uttam : 22900 came?
11:15 Ankit : @shai could you rplease adjust nifty chart in Go to
11:15 Uttam : lol Shai
11:16 Vishnu : shaiii:))))))))
11:16 Shai : 11170 near tgt 1 book half- (10:45) Shai : Intra – Buy NF 11143 sl of 11120 tgt 11176/ 11190
11:17 Uttam : 22889 BNF
11:17 Uttam : (11:10) Uttam : D played its part now E needs to make higher highs
11:17 Ankit : thanks shai
11:20 Shai : easy long trade right? – (10:46) Shai : what happends when a low volume OD does not hold vwap ?
11:20 Uttam : 🙂 +1
11:21 Rahul : yep
11:21 K2dt : yes chief
11:21 Jitender : +1
11:21 Uttam : BNF for 22954-980?
11:21 Aditya09 : Yes shai new learning on open drive today
11:22 Govind : 23230 souds like a nice fancy number Uttam 🙂
11:22 Shai : well it is covered in the training library as a case scenario
11:22 Shai : 11133 sl for that 11190 visit now
11:23 Aditya09 : ok
11:23 Shai : looks like a fund liquidated early at first ticks today
11:23 Shai : And it was cash basket selling
11:23 Govind : UG, Kotak is the only one moving this for now, need ICICI/HDFCB to participate to get your 980 and above
11:24 Uttam : hmmm looks like post afternoon move only then and for now ‘b’ shape profile
11:24 Uttam : lets see if its holds VWAP
11:26 Vishnu : @santhosh come slack
11:27 Santhosh null : k thank u
11:37 Rajesh G : test
11:39 Uttam : come on BNF take ot that 22885
11:39 Uttam : again waiting for F period now to make new hgihs?
11:44 Uttam : 22825 broken
11:44 Uttam : BNF at VWAP
11:49 Jitender : 856-790 half thru
11:50 Govind : +1 Jit
11:51 Jitender : tx G
11:51 Tejpreet : Jit playing one side +1
11:51 Avinash : +1 Jit
11:51 Vishnu : +1 jit
11:52 Jitender : tx guys…..
11:52 Munish : NF nearing SL, exit long?
11:58 Shai : For those who exited buy NF again 11148 sl of 11130 tgt 11176/ 11190
11:59 Shai : This is the stop to keep at 11133- (11:22) Shai : 11133 sl for that 11190 visit now
11:59 Jitender : out on bal (11:49) Jitender : 856-790 half thru
11:59 Munish : Ok… Thanks
12:02 Prashant : No range ext yet, a normal day?
12:03 Uttam : yes both in A period
12:06 Shai : come out of the NF trade at 11150 F here
12:06 Shai : we stay flat into G
12:07 Shai : we coudl be a nornal day guys
12:10 Prashant : But other than that vwap touch at 11.50, it is an uptrend on 5 mins.
12:11 Govind : Shai, 2005 in RIL
12:12 Prashant : 2005, still mkt going nowehere. wow
12:13 Rahul : NIFTY Bachao Yojna
12:15 Shai : Take it onwards Gov
12:15 Govind : been riding it Shai 🙂
12:15 Shai : He wants what Bezos has already 🙂
12:15 Shai : chap is clear
12:15 Govind : Jio Ipo in Nasdaq, his sights are set
12:16 Shai : no i was referriing to the jio business model
12:16 Shai : he is clear he wants what amazon has done
12:17 Shai : RIL is a trend day btw
12:17 Shai : And we alll know where that ends
12:17 Maxis : 11148.5 low since call given.
12:18 Shai : looking to see if G manages abv 11160
12:18 Maxis : should we cancel order in not triggered?
12:18 Chintan : 2034 target
12:19 Shai : @Maxis we exited that
12:19 Shai : flat now
12:20 Maxis : ah ha. just saw that above, will do now, exit trade. TY!
12:21 Shai : yes
12:21 Govind : Whatever RIL is giving today, HDFCB/HUL/INFY are taking away
12:21 Rahul : i feel, they taking away and hence reliance is giving
12:21 Rahul : they *reliance
12:22 Govind : Rahul, RIL has been giving since the pandemic started
12:22 Shai : RIL is doing what tesla, amazon have done at nasdaq
12:23 Rahul : Yes Govind, cannot argue on that, i was referring to todays scenario
12:23 Shai : when there is a crisis of confidence one company management which seems to be doing all the right things gets all the liquidity of the markets
12:25 Shai : massive bullish chart
12:25 Shai : max it has dropped from 940 is 200 points at a stretch
12:25 Shai : next time it drops 200 or near 200 people will queue to buy it
12:26 Govind : +1 Boss, that July 15th bearish bar looks completely neutralized
12:28 Shai : Abv scene of crime
12:28 Govind : Yes, your 1969 🙂
12:28 Shai : https://vtrender.slack.com/archives/C0F33QEAE/p1584543334000100
12:28 Shai : march 18th – RIL 945
12:29 Shai : much before anyone else could plant a foot in JIO 🙂
12:29 Govind : and you recommended a buy, I remember 🙂
12:30 Shai : theonly regret was it looks like I bought too littel 🙂
12:30 Govind : staggered buy I think
12:30 Ankush Jain : what are yellow lines in RIL chart?
12:30 Ankush Jain : nPOC?
12:30 Shai : The other fellwws put 10000 CR 🙂
12:30 Ankush Jain : he he
12:30 Govind : haha, true
12:31 Shai : mark is the happiest- he is seeing double almost
12:31 Swapnil : Mark has bought into Jio Platforms, right? Not RIL
12:31 Shai : price
12:32 Swapnil : all of them
12:32 Shai : yes
12:33 Ankush Jain : NF doing nothing meanwhile
12:33 Maxis : so putting in Jio gives you RIL shares?
12:33 Himanshu : Reliance Retail is second round leg up
12:33 Vyom : jio will list at doube the price he invested
12:34 Himanshu : They want to aggregate – Small Retailers who will be supplied by – Reliance – From Farm to consumer model –
12:34 Himanshu : That’s One UP on Amazon atleast in India Term
12:34 Amit : what level ril short shai
12:34 Himanshu : Like – Retail + Uber Model
12:35 Adi : Mark ?
12:35 Maxis : Zuckerberg Mark
12:35 Ankush Jain : must be Zukckerberg
12:36 Anuj : wonder what will happen to flipkart & amazon
12:36 Adi : oh !! sorry dumb Q
12:36 Anuj : reliance will be tough competition
12:36 Himanshu : See FMCG distribution cost is 15 %
12:36 Anuj : now even google will be strategic partner
12:37 Himanshu : Disty Margin 6 % + CNF – 2 % + WH cost + Transportion cost to retail from Central WH to Retail
12:37 Himanshu : In this cost – Reliance wants to deliver at your home
12:37 Maxis : Million $ Q. Nifty price in next 5 years & 10 years.
12:38 Maxis : We should have a vote system in Slack.
12:38 Himanshu : from your nearest Shop – which will be replenished by Reliance
12:38 Himanshu : By bying from Mfg – Direct at negotaited price high Volume –
12:38 Himanshu : Like Wall Mart Purchasing Power
12:39 Aditya09 : Dmart ka kya hoga phir
12:39 Himanshu : Dmart is taking stake in India Cement –
12:40 Himanshu : slowly –
12:40 Himanshu : JIO mart model is launched at pilot in Mumbai – there are retailers – with Sign Board of Jio Mart
12:40 Himanshu : So – you would see like STD booths all over – Jio Mart –
12:41 Himanshu : This saves them from big inv in Real Estate which dragged – Future group down
12:42 Adi : Bros, all this possible when lockdown ends and life starts !! Lets hope that happens soon
12:42 Adi : Else we are in deep trouble
12:42 Uttam : BNF getting ready for action in H?
12:42 Uttam : Bops?
12:42 Himanshu : H
12:42 Himanshu : Am here Bopp
12:43 Shai : will start soom Adi
12:44 Uttam : of course we will slowlyget back to normal 🙂 by the way lockdown in Bangalore done
12:44 Shai : I know thos eguys who are working on the vaccine here in Pune at Serum. They are very otimistic of the vaccine working . It is that oxford model
12:44 Swapnil : https://twitter.com/HuXijin_GT/status/1285831071129427968?s=20
12:44 Uttam : Amen Shai
12:44 Himanshu : Ok
12:44 Himanshu : That lady whose article – GOv posted on Twitter
12:45 Uttam : that human trial of the bharat biotech vaccine also started this week I hguess
12:45 Ankush Jain : Nifty discounting all and trading at record PE
12:45 Adi : Chief, Vaccine is a long shot. Not expecting miracles from that end.
12:45 Ankush Jain : and Vaccine is still min 6 months away
12:45 Adi : Medical professionals feel this will drag on for at least a year
12:46 Ankush Jain : and how quicly 1.35 bn people can be vaccinated
12:46 Adi : +1 Ankush
12:46 Shai : yes dec
12:46 Himanshu : So Action started against CPC
12:46 Ankush Jain : but Nifty seems to be in a tearing hurry
12:47 Uttam : NF setting up for a nice weekly expiry looks like 🙂 2 day balance with prominent POC ocming up for Thursday lunch Tej 😉
12:47 Himanshu : This is serious backlash – to close embassy in Huston
12:47 Shai : why only houston – (12:44) Swapnil : https://twitter.com/HuXijin_GT/status/1285831071129427968?s=20
12:47 Tejpreet : 1ka 5 waali dukkaan tmrw then Uttam
12:48 Maxis : they closed chinese embassy in Huston?
12:48 Tejpreet : Since Trump is trailing on most polls expect some crazy actions fromhim next few days
12:48 Avinash : They did something similar with Russia as well and Russia retaliated with similar actions
12:48 Shai : hmm
12:48 Uttam : but ek baar aaj 11222 ke darshan karwa do 😉
12:49 Maxis : charts?
12:49 Rajan : You are missing Bops hammer today Uttam 🙁
12:49 Swapnil : @Shai – they were burning documents in that embassy or something like that
12:49 Ankush Jain : @UG +1
12:49 Tejpreet : Uttam i am looking for break of 107 today
12:50 Ankush Jain : kucchh bhi karwao
12:50 Tejpreet : till then coffee break
12:50 Uttam : H period aa gaya
12:50 Uttam : BNFffff
12:51 Tejpreet : looks like bot got scared reading that 107 🙂
12:52 Adi : Read somewhere that 60m folks have withdrawn monies from EPF during the last 2-3 months
12:52 Adi : 6m* typo
12:52 Ankush Jain : must be
12:52 Ankush Jain : several of my employees have done so
12:52 Irfan : no charts
12:53 Maxis : still hanging
12:55 Uttam : 22954 came in BNF?
12:56 Aditya09 : charts?
12:58 Uttam : 22947
12:58 Shai : charts back?
12:58 Rajiv Ohri : y
12:58 Tejpreet : yes
12:58 Maxis : y
12:58 Aditya09 : yes
12:58 Avinash : yes
12:58 Irfan : yes
12:58 Shai : k
12:58 Shai : H in
12:59 Shai : everything inside A still
12:59 Uttam : 22954 here
12:59 Uttam : to the dot
12:59 Vishnu : bnf for 23k/.
12:59 Shai : bulls in but not pushing hard enough
12:59 Shai : 11133 supp into clsoe
13:00 Irfan : will nifty visit 11190 today?
13:00 Uttam : (11:21) Uttam : BNF for 22954-980?
13:01 Irfan : +1
13:01 Uttam : (12:42) Uttam : BNF getting ready for action in H?
13:01 Uttam : lets now havw a RE in NF
13:02 Rahul : speedo at 84
13:04 Uttam : downside filling now happening?
13:04 Irfan : Are those 85k greens trapped buyers?
13:05 Rahul : RS now come get a clean IS from here
13:05 Maxis : 22820 was a good RR buy
13:07 Tejpreet : 85k gives vwap
13:07 Rahul : Annee do please
13:07 Uttam : IBL bhi de sakta hai
13:08 Tejpreet : whattay entry in 114k pe 282 odd
13:08 Rahul : BIG COT
13:08 Uttam : 111000pe from 38-55
13:09 Himanshu : Wed Expiry
13:09 Ankush Jain : POC at bottom of bar
13:09 Rahul : Shai, RS now IS we act only below 11107 ?
13:09 NeerajS : its a normal day today right?
13:10 Uttam : so far normal day
13:10 Anuj : surpise move
13:11 Uttam : no surprise Anuj
13:11 Anuj : in NF that 85k buyer stuck
13:11 Tejpreet : Uttam this cot can breakthat 107
13:11 Maxis : how come UG?
13:11 Anuj : in that bar he was at POC
13:11 Himanshu : Tej – 107
13:11 Uttam : normal day when goes near IBH and does not break out good chance to revisit VAL of day and IBL
13:11 Himanshu : in which strike you are refering
13:11 Uttam : rotation is the other name of balance
13:11 Anuj : ok thnx uttam
13:12 Tejpreet : i meant 11107
13:12 Anuj : uttam did it also got confirmed coz of that stuck buyer
13:12 Uttam : IS at VWAP with -1.9L
13:12 Uttam : only issue is POC shifted lower with 44k red
13:13 Uttam : which could be the SL of that 85k green fellow
13:13 Anuj : okk
13:13 Anuj : thnx for clarifying
13:13 Uttam : BNF had supply at 22954-980
13:13 Uttam : so look how it rewacted from there
13:14 Uttam : almost 200 points down
13:14 Anuj : Yes
13:14 Uttam : 0s at 11140 ref in NF
13:14 Uttam : 22840 in BNF
13:14 Uttam : Tej you level is here
13:14 Uttam : doom doom
13:14 Tejpreet : tks Uttam another .5 dt added
13:15 Rahul : Break that now
13:15 Uttam : more reds
13:15 Himanshu : Ok tej Got it 11107
13:15 Uttam : another IS
13:15 Uttam : PDL trsted
13:15 Himanshu : and then below Chief’s morning call
13:15 Jitender : 822-711 done…good day
13:15 Uttam : 90k at lows?
13:16 Jitender : Tej score?
13:16 Uttam : back to 11140 now
13:16 Uttam : ?
13:16 Tejpreet : almost hitting 2 Jit
13:17 Uttam : 1L at lows red
13:17 Jitender : +1
13:17 Jitender : 2.4 here
13:17 Rahul : Thanks Jit , ur thought helped me as well
13:17 Jitender : wc
13:17 Tejpreet : cong Jit
13:18 Uttam : congo Tej / Jit our LLTs 🙂
13:18 Avinash : +1 Jit and Tej
13:18 Amit Jain : congo jit and tej
13:18 Jitender : tx guys….
13:18 Rahul : Jit 1=
13:18 Tejpreet : tks
13:18 Uttam : 11055 is 1.5 IB
13:19 Uttam : if breaks below 11085
13:19 Uttam : low done looks like
13:20 Uttam : now profile folling for rest of day?
13:21 Tejpreet : Uttam refrence your 12.48 message I typed break DL and then NE for your tgt but deleted it.
13:21 Tejpreet : so if low done all yours
13:24 KK : screen ?
13:25 Rajesh G : no charts
13:26 SandeepP : uttam shai left ? and charts are gone
13:26 Tejpreet : back now
13:27 Rahul : any views from here , anyone
13:28 Narendra : @ shai 10800 in next is on ??
13:28 Narendra : next week
13:28 Shai : test
13:28 Shai : bad connection issues
13:28 Jitender : all k
13:29 Shai : thanks
13:29 Ankush Jain : short trade call in morning still valid?
13:30 Shai : 11080 was booking zone
13:30 Shai : trail 11120 now
13:30 Shai : NF went weak below 11110
13:30 Shai : 11081/ 11058 tgts
13:32 Shai : wqtch bnf 2260
13:32 Rahul : Shai Font size please
13:32 Shai : 22630*
13:32 Shai : below that 22410 opens
13:32 Shai : trade through 22400 pe
13:32 Rahul : thanks
13:33 Ankush Jain : keep chrts like this only
13:33 Nirmal : shai what kind of open we had ..please decribe the mkt so far from opening
13:34 Jitender : touchdwn (09:49) Jitender : 649 bnf ….bck in play
13:34 Ketan : +1 jit
13:36 Shai : +1
13:36 Shai : Open has been discussed so many times
13:36 Shai : please scroll up
13:37 Shai : whu discusssing open now? open is A and B period only
13:37 Jitender : tx Shai n Ketan
13:37 Sylvester : +1 Jit
13:38 Shai : 11112 trailing for shorts
13:39 Jitender : tx Sylvester
13:40 Chintan : +1 to 649 Jit Bro.
13:41 Shai : NF short below 11079 sl of 11112 for 11050 / 11024
13:41 Vishnu : any tsunami warning ?
13:42 Vishnu : 7.8 quake hits off alaska
13:42 Nirmal : shai u saw NF flash print of 10800 right ?
13:42 Nirmal : 10805.2
13:44 Nirmal : why i said becos looking at chart mp..nifty seems open in range
13:44 Jitender : tx Sylvester n Chints
13:44 Nirmal : uttam pls throw some lights
13:44 Nirmal : why nifty is not in RANGE OAIR
13:46 Shai : kill NF shorts if 11112 is crossed
13:46 Shai : we may hit 11140 then
13:47 Shai : A was driving down led by sellers and it was not a 2 way mode- (13:44) Nirmal : why nifty is not in RANGE OAIR
13:47 Uttam : no wonder we made new lows Tej 🙂 – (13:21) Tejpreet : Uttam refrence your 12.48 message I typed break DL and then NE for your tgt but deleted it.
13:48 Nirmal : now got it shai…A was drivinf down one way (even low volume) so it is Open drive down ..and also below yday VWAP/POC
13:48 Nirmal : so eopn drive down
13:48 Shai : +1
13:49 Nirmal : thx
13:49 Shai : welcome aboard 🙂
13:49 Nirmal : 🙂
13:49 Nirmal : koshish kar raha hune shai sir
13:50 Shai : take yout time
13:50 Nirmal : apki ashirwad banaye rakho ..plz
13:50 Shai : we are here
13:50 Shai : make your own pace
13:50 Nirmal : yes ..sir
13:50 Shai : don’t worrry about anything else
13:50 Nirmal : today can be big down day shai then ?
13:50 Nirmal : positionally i m buying PUT
13:50 Nirmal : ?
13:50 Shai : 20 point indifferent zone in NF now
13:51 Shai : looking for traction below 11080
13:51 Shai : inw hcuh case we go for gap fill into M and N
13:51 Shai : or back to vwap/ dpoc close
13:51 Rahul : evne me 🙂
13:51 Shai : in which*
13:52 Rahul : M and N
13:52 Shai : you guys will alll become experts in decoding any kind of typing done in the world soon
13:52 Tejpreet : lol
13:52 Rahul : hahah
13:52 Indronil : lol
13:53 Narendra : good 1
13:55 Nirmal : ril going to day high
13:55 Nirmal : againnow
13:59 Indronil : shoorts sl hit
14:01 Indronil : can we re enter ?
14:02 Vijay A : is previous sell call valid ?
14:02 Ravi : below 11080 guys
14:02 Ravi : 20 point area shai mentioned
14:03 Fenil : @shai-btw speedo is an fantastic addition to the arsenal
14:04 Rahul : speedo at 103 now
14:05 Shai : +1 – (14:03) Fenil : @shai-btw speedo is an fantastic addition to the arsenal
14:06 Shai : short is below 79 only- (13:41) Shai : NF short below 11079 sl of 11112 for 11050 / 11024
14:06 Shai : this zone will break into a neat move in K hopefully
14:07 Shai : PUt IV’s climbing
14:10 Rahul : we go in ? speedo at 102
14:10 Rahul : charts stuck here ?
14:10 Jitender : 22.9pe 301-352 half thru
14:10 Tejpreet : 188 to 222 in 112k pe
14:10 Uttam : doom doom
14:10 Uttam : 11055 coming?
14:11 Uttam : 11100pe from 67-78
14:11 Tejpreet : this goes beloww 11022 we get another 50
14:12 Uttam : BNF ORR at open then PBH around PDH
14:13 Jitender : aa out 351 (14:10) Jitender : 22.9pe 301-352 half thru
14:13 Rahul : Tej keep saying on short side. 🙂
14:13 Rajan : +100 Jit
14:13 Tejpreet : congrats to all green in the room
14:13 Jitender : tx guys n cheers
14:14 Uttam : BNF dfor 22454?
14:14 Shai : K in
14:14 Shai : 11022 tgt in K
14:16 Tejpreet : SL still 112?
14:17 Shai : yes for now
14:19 Tejpreet : tks chief
14:23 Shai : Make exit at cost 11079 – (13:41) Shai : NF short below 11079 sl of 11112 for 11050 / 11024
14:23 Shai : unsure
14:23 Uttam : K not making new lows
14:24 Tejpreet : New low or tsl Uttam 🙂
14:24 Shai : we step back and take another look
14:24 Uttam : b) The auction below 11168 can test lower levels of 11130-100 / 11080-066 & 11022-10
14:24 Uttam : 11066 to the dot Tej 😉
14:25 Tejpreet : +1 Uttam
14:25 Ketan : +1 uttam
14:25 Uttam : _/\_
14:26 Rajan : +1 Uttam
14:26 Anuj : +1 uttam
14:28 Rahul : will ensure put UG morning levels on Postit and stick on laptop.
14:28 Uttam : thanks guys 🙂
14:30 Prashant : With no IB, RB seen, why the trade exited? And if it is a question of no lower low in K, how long one waits before pulling the trigger?
14:30 Uttam : after all the spikes on the upside can we have a spike lower into the close today?
14:31 Uttam : @Prashanth there is a good chance that we close at vwap or dpoc if new lows not done so being safe
14:31 Uttam : we will keep getting good R;R trades
14:31 Prashant : ok
14:31 Prashant : Just asking, thanks
14:32 Rahul : volume lao koi
14:32 Uttam : generally K starts aggressivbely
14:32 Uttam : making new lows at open itself which did not happen
14:32 Uttam : but L can do it here
14:32 Prashant : ok
14:35 Adi : UG was 11066 an OF level>
14:35 Himanshu : Jit
14:35 Himanshu : Ru there – 22674 –
14:35 Uttam : there was a gap Adi so no vols from 11022 tp 11097 🙂
14:36 Himanshu : Rotating there –
14:36 Jitender : ys H
14:36 Adi : true UG, its fascinating how these levels hold
14:37 SandeepP : ABCDEFGHIJKLMNOPQRSTUVWXYZ
14:37 Uttam : 🙂
14:37 Uttam : SAndeep wants more TPOs
14:37 SandeepP : joined today , will chk the links
14:37 Adi : @UG How did you conjure up the level?
14:37 Tejpreet : tks for new low in K..on time 🙂
14:37 Uttam : spike coming?
14:37 Uttam : BNF needs to break 22610
14:38 Ankush Jain : satt vachan
14:38 Tejpreet : tsl down to 10095 for me
14:38 Tejpreet : 11095
14:39 Jitender : 22.3pe 72-96 ..good qty
14:39 Jitender : 3,8x thru
14:39 Tejpreet : Jit sir your machine is non stop today 🙂
14:40 Shai : BNf joins the party
14:40 Shai : now both in sync below IBL
14:40 Ankush Jain : why should NF enjoy alone
14:40 Jitender : Tej…yday was quiet..its just cumn up2 speed 🙂
14:40 Jitender : n not one long trade today
14:40 Tejpreet : all the best
14:40 Jitender : rx bro
14:40 Tejpreet : same here no ce on watchlist also
14:41 Jitender : +1
14:41 Uttam : L period cometh
14:41 Ankush Jain : K iller
14:42 Shai : 11022 on now
14:42 Uttam : 11022 coming in NF?
14:42 Uttam : +1
14:43 Uttam : BNF not in sync
14:44 K2dt : yes UG 🙁
14:45 Shai : Thhings have changed quick in the option market
14:45 Shai : now 11100 pe cornered
14:45 Ankush Jain : sabki baari aati hai
14:46 Shai : 64 is their write price
14:46 Shai : cmp 74
14:48 Shai : short NF again 11064 sl of 11088 tgt 11022
14:49 Shai : can short here it is still 11061
14:49 Shai : 99 expected now in 11100 pe as a result
14:52 Nirmal : shaiopen drive 3.10 3.15 bokiking time
14:54 Shai : today’s OI in 11100 pe started around 13 L went to 38 L currently 27 L
14:54 Shai : All has been done at 60
14:57 Himanshu : BNF wants to proetct 22500 Strike
14:57 Himanshu : seems – reversing – 22680 – POC also –
14:57 Himanshu : UG – Jit – Chief your comments pls
14:58 Himanshu : ICICI B and Reliance saving the day ..
14:59 Rajiv Ohri : Shai we hold shorts overnight?
14:59 Shai : no
15:00 Himanshu : Jit – 22300 PE 86- 64 covered
15:01 Tejpreet : tsl gone at 11095
15:01 Shai : NF stopped out
15:01 Shai : Make an exit
15:01 Tejpreet : done
15:02 Irfan : sl hit
15:02 Jitender : congo H
15:03 Nirmal : done
15:05 Shai : suckered out
15:05 Uttam : BNF
15:05 Shai : could have done 20 more and reversed NF
15:05 Uttam : boombastic
15:05 Himanshu : Jit thx
15:06 Tejpreet : all late shorts cleared
15:07 Himanshu : It has something more to go
15:07 Shai : yes
15:07 Uttam : so a good expiry day expected
15:07 Himanshu : ICICB flared
15:07 Nirmal : tmrw u mean uutaam
15:07 Nirmal : which side
15:07 Tejpreet : that 72k and 53k cot all covered
15:07 Nirmal : yes after open drive
15:07 Nirmal : i expect to be good
15:07 Uttam : BNF has some good greens
15:07 Nirmal : momentum
15:07 Nirmal : uttam ur biased ?
15:08 Uttam : NF wants to do 11140?
15:08 Nirmal : uttam shai u bais tmrw ?
15:08 Nirmal : shalll we buy put now ?
15:09 Uttam : patience is one of the most important virtue in trading Nirmal just as in life
15:09 Uttam : when in doubt wait
15:09 Shai : wants to push for 11140
15:09 Uttam : yes Shai looks like
15:09 Nirmal : yup
15:10 Nirmal : agree uttam bhai
15:10 Nirmal : we will wait for tmrw
15:10 Nirmal : no hurry
15:12 Shai : 2.46 they cleared 11100 pe writers
15:12 Shai : 3.07 they cleared 11100 ce writers
15:14 Uttam : dPOC shifted down in NF?
15:15 Shai : yes
15:15 Uttam : thanks Shai
15:16 Uttam : NF does not realise that and still going for 11140 😉
15:16 Shai : final push for 11140
15:16 Shai : with a lot of unncessary drama in between
15:16 Uttam : 🙂
15:16 Ankush Jain : M should oblige
15:17 Uttam : so we will have an overlapping POC on a 2-day balance
15:17 Uttam : @Tej just as planned in the morning 😉
15:17 Ankush Jain : it will be a neutral day centre?
15:17 Shai : bad luck guys today
15:17 Shai : we will catch this fellow tom
15:17 Uttam : NV (down) Ankush
15:18 Ankush Jain : ok thanks
15:18 Uttam : We did not break IBH at all
15:18 Tejpreet : yes Uttam , could be the expiry marker also this 11150 level
15:18 Ankush Jain : normal
15:18 Uttam : NF Normal Variation BNF Normal
15:18 Shai : balance established
15:19 Shai : tom could be inside day
15:19 Govind : dpoc 22900 in BNF?
15:19 Uttam : no Gov
15:19 Uttam : 22700
15:19 Uttam : overlapping POC in that as well
15:19 Govind : ok, good
15:19 Govind : thanks
15:19 Himanshu : UG – GOV
15:19 Himanshu : Overlapping POC
15:20 Uttam : 22820 has some vols bulding up though
15:20 Himanshu : suggets any thing
15:20 Himanshu : like stroger support etc
15:20 Himanshu : UG ?
15:21 Uttam : that we will know tom when OF somes to that levels & reacts H
15:21 Uttam : comes*
15:21 Shai : dropping vertcial now- (14:07) Shai : PUt IV’s climbing
15:22 Himanshu : Ok UG
15:22 Shai : vix also down
15:22 Himanshu : Thx Buddy
15:22 Nirmal : tmrw inside day means main game day is fryday
15:23 Nirmal : dull expiry u mean ?
15:24 Shai : coukd have done 10 more- (15:09) Shai : wants to push for 11140
15:24 Ankush Jain : 🙂
15:24 Shai : we have to be careful tom
15:24 Shai : expecting simlar move stom
15:25 Shai : 11022- 11220 range with center at 11140
15:25 Shai : Tc all
15:25 Shai : catch up tom
15:25 Shai : have a good evening
15:25 Aditya09 : tc shai
15:25 Rohan : Bye All
15:25 Nirmal : ge
15:25 Nirmal : bye
15:25 Aditya09 : byee all
15:25 Anuj : bye everyone
15:26 Aditya09 : to charts were stuking a lot was it with me or everyone
15:26 Tejpreet : Bye All.
15:27 Adi : bye all
15:27 Avinash : Bye everyone
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Giridhar Gowravajhal : Thanks Shai & Uttam !!! Bye all !!!
15:31 Himanshu : Thx Chief – UG – Jit – Gov- Tej
15:31 Himanshu : Bye all
15:39 Irfan : Thank u all
09:07 Uttam : a) NF needs to scale above 11195 & sustain for a rise to 11222-245 / 11268-280 & 11304-317
09:07 Uttam : b) The auction below 11168 can test lower levels of 11130-100 / 11080-066 & 11022-10
09:07 Uttam : a) BNF needs to sustain above 22825 for a rise to 22885-980 / 23100-160* / 23230-313 & 23370-440
09:07 Uttam : b) The auction accepting below 22785 could test 22680-615 / 22569-454 / 22340*-250 & 22170