Order Flow charts dated 22nd June 2020

Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.

Order Flow is the most transparent way to trade and takes away the guesswork from decision making.

NF (June)

Vol Pic2 Nf 15 Order Flow Charts Dated 22Nd June 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

NF (July)

Vol Pic2 Nf July 1 Order Flow Charts Dated 22Nd June 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF (June)

30 Min Bnf Fpx Order Flow Charts Dated 22Nd June 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

BNF (July)

Vol Pic2 Nf July 2 Order Flow Charts Dated 22Nd June 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading

Room Chat

08:50 Nishant : Hi
08:52 Nishant : I am a new member joined today.
08:52 Sanjib : Welcome Nishant!
08:55 Manish : Hello I am also a new member joined today
08:56 Sanjib : Welcome Manish!
08:56 Nishant : How do we distinguish between messages coming from Shai or Admins and other users?
08:58 Vyom null : i have also joined today. hope to have a great learning journey
08:59 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/225660933
09:00 Vtrender Live : 5 min charts – https://join.me/264-526-825
09:01 Vtrender Live : 5 min charts of BNF, pasword vtrender-https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
09:03 Nishant : Hi. I also have a query regarding Reliance. Can Shai address it before the market opening?
09:03 Shai : GM all
09:04 Giridhar Gowravajhal : GM all
09:05 Shai : 10170 ref line for the open today
09:06 Shai : Auction closed in imbalance on Friday and is expected to take the first step to a balance today
09:06 Shai : watch 10240 for a formation of a balance zone
09:06 Chandrashekhar : GM all
09:07 Shai : expected probe above 10100 is to 10411 -10427
09:07 Shai : last 2 days were about calls unwinding and expect to see a bit more of the same today
09:08 Shai : https://vtrender.com/market-profile-analysis-dated-19th-june-2020/
09:08 Uttam : Good Morning All 🙂
09:09 Uttam : welcome to VT Nishant, Manish & Vyom
09:10 Uttam : meesages from Shai will have a differenet color plus an audio alert but yu need to make sure audio is turned on
09:11 Shai : welcome to all the new members here. You are in Read only mode for next 2 days. Please watch and observe and take the time to go through the details of the welcome kit and familiarise yourself
09:11 Tejpreet : GM All
09:12 Nagaraj : Goodmorning all
09:12 Tejpreet : Looks like Uttam giving us gap up above 10300 🙂
09:12 Krishnakant : Good morning to one and all
09:12 Rajesh G : gm all
09:13 Uttam : _/\_ Tej
09:16 Govind : Big discount in both
09:18 Ankit : @shai.. can we pls adjust the MP chart for NF in the room
09:21 Shai : Anyone carrying overnight longs recommended on friday can book here 11300- 112310 zone
09:21 Shai : expecting 11320 as early suup0ly now
09:22 Shai : support for day now firm at 11230
09:22 Manish : Its 10230 not 11230? correct?
09:22 Ketan : +1 shai on longs carried
09:22 KK : 10230
09:23 Shai : 10230** and 10320**
09:25 KK : why is bnf resisting..which one would be stronger today..or not clear yet ?
09:27 Uttam : boom boom
09:27 Uttam : BNF neds to move
09:28 Shai : BNF has speace to run. expect 21730 abv 21590
09:28 KK : time to go up if it does not cross 10320 ?
09:28 KK : go back *
09:29 Tejpreet : Uttam vol good for a drive ?
09:29 Uttam : was not that good at open but looks like increasing a bit
09:29 Tejpreet : tks
09:32 Nishant : 10320 crossed in Nifty.
09:32 Uttam : both checking out the supply looks like before givign that boom boom
09:32 Shai : BNF driving
09:32 Uttam : +1 Shai
09:32 Govind : 22200 Uttam 🙂
09:32 Shai : NF overcoming supply in reds
09:32 Uttam : 🙂 +1 Gov
09:33 Uttam : 22200-22315-22600 mangta hai
09:33 Govind : I’d be just as happy with 22200 🙂
09:33 Naresh Dubbudu : Good volumes. But what is all thisn red COT indicating
09:34 Uttam : expiry week Naresh
09:34 Uttam : so be a bit more sceptical about OF & COT this week
09:34 Uttam : need to compare it with the July OF
09:35 Naresh Dubbudu : Ok.
09:39 Shai : A COT change here will; drive NF upto 10365
09:39 Shai : traying to overcome the supply at 10320
09:39 Uttam : yes should go
09:40 Nishant : COT change would mean what Shai?
09:41 Shai : one more IB
09:41 Naresh Dubbudu : Not printed on chart?
09:42 Naresh Dubbudu : in the trading room?
09:42 Uttam : we need one more IB
09:42 Naresh Dubbudu : Ok. I thought it came.
09:43 Uttam : BNF to lead?
09:43 Uttam : boom boom is here
09:44 Sanjeet : in NF ..we will wait for IB then enter or should we enter at current level
09:46 Sanjeet : COT is in red approx 80k but still market is moving high…what we should interpret
09:46 Uttam : where is the new high for the series BNF?
09:46 Uttam : 21775 it was till today
09:47 Sreedhar : enter BNF long above 21740shai?
09:47 Naresh Dubbudu : 2nd IB is here in BNF
09:48 Govind : 21778 is that HVN right UG?
09:48 Govind : 788*
09:48 Uttam : yep weekly
09:49 Govind : k, thanks
09:49 Shai : THis done easy, is the driver today – (09:28) Shai : BNF has space to run. expect 21730 abv 21590
09:49 Govind : +1 Shai
09:49 Shai : NF – will stand by for a clearer auction
09:51 Ketan : +1 shai
09:51 Shai : NF longs have closed – stay guarded
09:52 KK : OF is beautiful
09:53 Uttam : IA in both
09:53 Uttam : IS*
09:54 Boppanna : Gov Nice alert on the 21788
09:55 Govind : +1 Bops
09:57 Nishant : IB is the Initial Balance.. What is IS?
09:58 Naresh Dubbudu : IB here is initiative Buyer. IS is initiatve Seller
09:58 Chandrashekhar : IB is initiative Buyer, IS is Initiative Seller
09:58 Naresh Dubbudu : IB means initial balance in a different context
09:58 Chandrashekhar : +1 Naresh
09:58 Nishant : Ok. Thanks
10:03 KK : confidence in IS stays till positive COT overtakes the IS and goes above it ..baby step learning..does this work ?
10:03 Uttam : 18k green in BNF
10:03 Uttam : can it get the new hgihs?
10:05 Jitender : Guys…need some support…if poss fr u guys, pls retweet https://vtrender.slack.com/archives/C0F2VRTPW/p1592800352379000
10:05 Uttam : sure Jit, will do rightaway
10:05 Jitender : this fraud happened on a family account
10:05 Jitender : tx guys
10:05 MJ : done.
10:05 Prateeek : done
10:06 Nagaraj : done
10:06 Avinash : Dn
10:07 Suren : done @jit
10:08 Seshadri : dpoc moved from 10325 to 10323
10:08 Jitender : tx _/\_
10:08 Uttam : a full 2 points 🙂
10:09 Chandrashekhar : would C be a dokha today uttam?
10:09 Seshadri : hahah uttam but shows limited upside
10:11 Sanjib : 10400 CE OI increasing
10:13 Bhupinder : @Jit retweeted
10:14 Jitender : tx
10:14 K2dt : +10000 chief
10:17 K2dt : done Jit
10:17 Govind : Whoa!!
10:17 Ankit Maheshwari : Whoop
10:18 Chandrashekhar : freak high in BNF
10:18 Uttam : je baat
10:18 MJ : are are bnf dada.
10:18 Chandrashekhar : SL hunting?
10:18 Uttam : 1L
10:18 Uttam : this is the startr
10:18 Uttam : 21853 was a vpoc
10:18 Abhishek : bhf vol and cot is huge
10:20 K2dt : yeh kya hua bhai log 🙂
10:20 KK : kiski lagi hai..samajh nahi aaya
10:20 KK : no volume there
10:21 KK : above 21848
10:21 Chandrashekhar : C side dokha Uttam?
10:21 Uttam : itna bada dhoka??? ;-p
10:22 Chandrashekhar : sorry didnt get your point here, big reds in BNF and 0’s above
10:22 Chandrashekhar : looks short for me..correct me if wrong
10:27 Uttam : BNF has legs for more Chandra, I would not short it here
10:29 Uttam : but yes needs to sustain above IBH also
10:29 Uttam : lets see hwat D has in store
10:29 Naresh Dubbudu : I go with Chandra. Early morning drive doesnt seem convincing to me on COT and IB vs IS
10:29 Nishant : Uttam – What is IB High
10:30 Uttam : 21770
10:30 Uttam : Initial Balance High
10:32 Nishant : Ok thanks
10:33 Chandrashekhar : Sorry that was just my view…not trading it though, please make your decisions on your analysis
10:33 KK : 10300 PE from 119 to 132 done
10:33 Chandrashekhar : trying to read OF per my understainding
10:33 KK : on that BNF hesitation
10:33 Chandrashekhar : +1 KK
10:33 Uttam : wow KK you traded NF based on BNF 🙂
10:33 MJ : +1 kk
10:34 KK : he he.. Shai, NF ka clear nahi hai
10:34 MJ : same strike.
10:34 KK : So better there
10:34 KK : Shai said *
10:35 KK : I thought , below 288, 248 aayega, par aisa ho na saka, UG is not with me, so I exited
10:35 KK : BNF 21600 break looked far away
10:36 Shai : NF 10330 is the seller
10:36 Chandu : uttam hw shuld v read 1L reds in bnf in 10:15 candle
10:36 Uttam : yep NF has been weaker
10:36 Shai : would mean a wait but could do 10240 again as along a below 10330
10:36 Shai : (09:51) Shai : NF longs have closed – stay guarded
10:36 Uttam : +1
10:37 Boppanna : Shai Profit booking in BNF that big red
10:37 KK : the previous seller was around 10295 to 10316 last week, which took us to 9700, this we have crossed, so I am hoping , bias to stay up till we break 10230..watchful there.
10:37 KK : to re-enter long at 10230, when Shai says so..
10:39 MJ : 37k reds nf.
10:39 Shai : Intra – Buy 10300 pe at 135 sl of 115 tgt 165
10:40 KK : lo, 10248 coming then
10:40 Shai : we go with that view to 10240 revisit on this IS and COT
10:43 KK : BNF loongs will start liquidating at which point ?
10:43 Shai : BNF has 0’s at highs and you all know what that means?
10:44 Chandrashekhar : +1 Shai
10:44 Rahul null : Can u please share again what 0 mean at High .
10:45 Uttam : end of auction
10:45 Rahul null : thanks
10:45 Shai : At 143 book half- sl at cost on rest- (10:39) Shai : Intra – Buy 10300 pe at 135 sl of 115 tgt 165
10:45 KK : booked at 143, 134 to 143, +1 Shai
10:46 KK : fully out now, wait and watch
10:46 Shai : +1
10:46 Shai : book out full
10:46 Shai : expiry week- be quick in options
10:49 Himanshu : Chief – BNF – Auction is over on zero at tOP
10:49 Himanshu : or we expect to be challanged later in teh day
10:52 Prajwal S : can that c side extension failure be considered a probable fa.? in bnf??
10:53 Shai : seeing a great live example of how COT leads price moves
10:54 Tejpreet : +100
10:54 Naresh Dubbudu : COT does get it wrong some times. But when it is giving a clear indication, it is a STRONG signal.
10:54 Chandu : all red COT below vwap.., am i right shai?
10:56 Shai : 10330 is the seller and now a ref line for rest of day
10:56 KK : I have switched to FIT plan of Kotak from today from Zerodha,, any one else using and any precaution , I need to take
10:57 KK : Sorry, should have posted in #random
10:58 Naresh Dubbudu : I was planning for the same. I am in Upstox. Do let me know your experience.
11:03 Sreedhar : SL hunt on both sides of vwap?
11:03 Uttam : are we getting IB at VWAP?
11:03 Rajesh G : kk which software r u using at KOtak
11:03 Uttam : 10300ce from 120 to 129
11:03 Uttam : 50% out
11:04 Boppanna : +1 Uttam
11:05 Uttam : vwap tag done in that CE
11:05 Uttam : rest out at cost
11:05 MJ : chief rotations?
11:05 Uttam : if hits
11:05 Govind : Congo Uttam
11:05 Chandrashekhar : +1 Uttam
11:05 K2dt : +1 UG
11:08 K2dt : vwap pe tashan
11:12 Uttam : Nifty Spot leaving a probable FA at lows
11:12 Seshadri : dpoc has moved to 10295 from 10323..
11:15 Uttam : NF day range 111
11:15 Uttam : can we have a 222 & 333 today 😉
11:16 Tejpreet : How about a normal day NF 🙂
11:16 Uttam : Normal is boring Tej 😉
11:16 Tejpreet : agree
11:17 MJ : Tail on both sides bnf.
11:17 Uttam : Initiative tail is more imp than responsive tail
11:17 MJ : +100 UG.
11:18 MJ : 222 333 I am with you.
11:18 Shai : second IB confirms closure of shorts
11:18 Uttam : +1 Shai
11:18 Naresh Dubbudu : COT also improving.
11:19 Shai : watch for new demand abv 11310 with conf abv 11330
11:19 Uttam : 10310 / 10330
11:19 Rahul null : N or NF
11:19 Shai : 10310/ 10330*
11:19 Uttam : Shai si already 1000 points ahead 😉
11:19 Uttam : that givesa some hint
11:19 Shai : 🙂
11:19 Shai : Need a longer weekend 🙂
11:19 Uttam : lol Shai..market bandh karo
11:19 Tejpreet : lol
11:19 Naresh Dubbudu : He did 1000 points ahead two times today.
11:23 Boppanna : Uttam NF Profile looking ready for a balance?
11:25 Uttam : right now forming a nice balance Bops
11:25 Uttam : are you planning to give a DD?
11:26 Naresh Dubbudu : One IS here can give life to shorts
11:26 Boppanna : Biased for Shai’s 240 check now if 295 holds
11:30 Naresh Dubbudu : HDFC Bank flat now.
11:30 Shai : +1
11:30 Shai : new sellers again came
11:32 Naresh Dubbudu : COT turning again.
11:33 Shai : 10230 doable on this COT
11:34 Uttam : will be a nice test of that HVN too
11:34 Uttam : 10230
11:34 Boppanna : shai can bring SL to 275?
11:34 Shai : 10287 or reduce
11:35 Boppanna : thx
11:40 Rajesh G : TEST
11:40 MJ : Last 2 days ce writers have been hurt. Today extra vigilant they might be?
11:40 MJ : early cues in 10400 ce
11:43 Shai : 10300 pe at 142 sl of 128 for 156 plus
11:43 Shai : IS+RS
11:48 Rahul null : i lost connection, did i missed something. thanks
11:48 MJ : bajaj twins.
11:50 Shai : twins are hitting only 4 and 6’s and some 10’s recently
11:50 MJ : 🙂
11:50 MJ : chief
11:50 MJ : told ya few days back
11:50 Shai : +1
11:51 Sreedhar : will they lead bnf? shai
11:51 MJ : They aren’t in bnf @sreedhar.
11:52 Shai : harly 0.4 is the weight
11:52 Shai : hardly*
11:52 Sreedhar : thank MJ
11:54 KK : 10248 done, are we on for 10330 back ?
11:55 Shai : range bound day in making
11:56 KK : BNF not at lows, already above VWAP, so NF should follow ?
11:57 Uttam : lets test that 21770 BNF?
11:58 Uttam : overlapping POC at VWAP on 5mins
11:58 Uttam : 21650
11:58 Chandu : shai market is range biund bt vix is 3% up.., hw to read tat
11:58 MJ : 10283 croos mangta.
11:58 MJ : Cross*
11:59 Uttam : 21k stuck red in BNF at 21540 exited looks like
11:59 Uttam : 8k & 13k at top
12:01 KK : Europe not in good mood
12:05 KK : Lets go tis time
12:06 KK : 10296 ki aur
12:14 Uttam : anyone for DD up?
12:14 Uttam : boom boom
12:15 Uttam : getting there – (11:57) Uttam : lets test that 21770 BNF?(11:58) Uttam : overlapping POC at VWAP on 5mins(11:58) Uttam : 21650
12:15 Sanjeet : closing terminal since multiple stop loss since morning and not a single call is hitting
12:15 Sanjeet : SL triggered in PE also… huge loss
12:15 KK : 10296 is done DPOC
12:15 Uttam : @Sanjeet no loss should be huge (1% risk is max on any trade we take)
12:16 Uttam : close the terminals but keep the charts & your mind open
12:16 Sanjeet : IF DPOC was coming then I dont think PE call was correct
12:16 Sreedhar : +1 UG
12:16 Bommareddy : @Uttam DD means?
12:16 Uttam : reason for PE was IS+RS
12:16 Shai : vix is pricing July, not june – (11:58) Chandu : shai market is range biund bt vix is 3% up.., hw to read tat
12:16 Uttam : @Sanjeet this we are in a play of probabilities
12:17 Shai : make an exit – (11:43) Shai : 10300 pe at 142 sl of 128 for 156 plus
12:17 Uttam : 56k green at VWAP in NF
12:17 Uttam : 43k red in BNF at 21750
12:17 Shai : range bound day- would take more sl’s
12:17 Shai : trade small and quick
12:18 Sanjeet : Thanks for your input uttam but sorry to say if there is no trade then we will wait for correct trade..
12:18 Uttam : we have set ups which we trade & will continue to do so
12:18 Uttam : you need to figure out which set up you are comfortable with & accordingly press the triggers
12:19 Uttam : no one trade can be huge loss as you said
12:19 Uttam : all trades are equal for us
12:19 KK : this 65K ne kuch socha hai jo hoga nahi
12:19 Uttam : follow risk management which is equally important
12:19 Uttam : boom boom
12:20 Uttam : 21770 kahan hai
12:20 Nishant : As a first day user I am reading contradicting messages from Uttam and Shai.. So as a subscriber, whose messages I am suppose to follow?
12:20 Uttam : @Nishant first you need to understrand the set ups
12:20 Uttam : my view was of BNF
12:20 Uttam : I never gave a view on NF
12:20 Uttam : and Shai’s calls were in NF
12:20 Uttam : there are 2 sdifferent instruments
12:21 Uttam : 21769 in BNF
12:21 Ketan : +1 uttam
12:21 Uttam : new gouys you need to be aware of the reasons the view or calls are given
12:21 Uttam : do not tradecblind
12:21 KK : SPX above 3080 nicely
12:21 Nishant : So Nifty Future can remain range bound and BNF can make a big move?
12:22 Shai : views remain the same- we are looking for new demand abv 10320
12:22 Uttam : the ove I expected in BNF is done Nishant
12:22 Uttam : 21770 tagged
12:22 Uttam : BNF could also remain in range here
12:22 Uttam : we have a long C period tail hancing overhead thanks to that freak high
12:23 Nishant : ok
12:23 MJ : KK
12:23 Uttam : IB at VWAP in NF has changed the scene a bit
12:23 MJ : Move it move it please.
12:23 Uttam : so keep watching the charts & see what OF is showing you
12:25 Nishant : Right now to I am not able to understand the charts – So relying more on your descriptions and messages here.
12:25 KK : Arre nahi Jayega..UG ne bol diya..
12:25 Raunaq null : uttam what if one like to hedge his ca
12:25 KK : Nishant, my view from initial days, when you find contradiction, either stay out
12:25 Uttam : there is no hurry to get into trades which you do not understand – (12:25) Nishant : Right now to I am not able to understand the charts – So relying more on your descriptions and messages here.
12:25 Uttam : the training library has been given so that you get to know & understand the setups & concepts
12:25 Raunaq null : hedge his call or put options intraday
12:26 Uttam : give yourself time & trade like you want to do it forever and not looking at becoming overnight millionares
12:26 RiteshM : Uttam boom boom coming in bnf
12:26 KK : I normally reduce my size or put SL, the moment UG’s commentary comes to the opposite direction..SO Size management is the key
12:26 Uttam : needs to stay above IBH BNF
12:26 RiteshM : above 770
12:26 Tejpreet : Guys folllow the flow and levels ……demand abv 310-320 is what we are looking for . Trade your bias as per that …my bias is short as of now so I would short in 310-330 range with 10 point sl.
12:27 Uttam : that is still stalling this move
12:27 KK : Ab chalen wapas
12:27 KK : Since Tej Said it
12:28 Tejpreet : if your sl and trade size planned …should not have big loss.
12:28 Uttam : DD time yehi hai guys karna hai to kuch this is the time
12:29 KK : Europe not able to extend up..it should balance here
12:29 KK : Sorry MJ.
12:30 MJ : Koi na.
12:31 MJ : rotate it is since C
12:31 MJ : NF,
12:32 KK : SPx also showing some red volumes, so rotate karte hain..any local factor, we need to watch for today ?
12:33 Swapnil : Sometimes I wonder if it’s easier for people to manipulate US futures and trade on its effect on Indian indices 😛
12:34 KK : Shai, any read on SBI ?
12:38 Favas : jit retweet done
12:38 Sreedhar : jit your handle?
12:39 Uttam : his tweet link is there in #random channel on slack Sreedhar
12:40 Uttam : come on BNF
12:40 MJ : koi nf ko move karo bhaya!
12:40 KK : bnf to gayo
12:40 MJ : Lol
12:42 Uttam : (12:23) Uttam : IB at VWAP in NF has changed the scene a bit(12:23) Uttam : so keep watching the charts & see what OF is showing you
12:42 Uttam : 2nd IB forming here in NF
12:42 Uttam : 10320 needs to be taken out on greens
12:43 Tejpreet : Uttam last chance in H to break the normal routine 🙂
12:43 Uttam : BNF is the driver Tej
12:43 Uttam : upto it now
12:43 Tejpreet : am scared of it today
12:44 Uttam : abhi tak to kuch bhi nahi kiya usne 😉
12:44 Uttam : 22k CE from 290 to 340 booked 50%
12:45 Tejpreet : +1
12:46 Uttam : lets test that fresk tick now
12:47 Boppanna : Congts Uttam
12:47 Uttam : thanks Bops
12:49 Uttam : Bops ka hammer working
12:50 Uttam : 21979 is 1.5 IB in BNF
12:50 Uttam : je baat
12:51 KK : UG, riding with you from 335 that 22K CE, kindly keep guiding
12:51 Uttam : +1
12:51 KK : SL at 330 now
12:51 Uttam : 285 TSL in it
12:51 Nishant : Uttam – If possible, since I saw there were a few new users today, can you for the benefit of all of us try to be as elaborative as possible on your posts.. ? May be for the first few days (If possible)
12:51 Uttam : positional
12:51 Nishant : Thanks in advance
12:52 Uttam : you need to read the reports whcih are posted on the website Nishant – they are very much in details along with hypos given for each day – (12:51) Nishant : Uttam – If possible, since I saw there were a few new users today, can you for the benefit of all of us try to be as elaborative as possible on your posts.. ? May be for the first few days (If possible)
12:52 Uttam : doing one’s home work is very imortanrt
12:52 Uttam : my target in that 22k ce is 600 KK ;-p but need to take it in phases
12:53 MJ : first trade in bnf thanks to ug
12:53 MJ : Can’t trade without him.
12:53 Uttam : boom boom
12:53 MJ : He’s the float.
12:53 Uttam : (12:43) Uttam : BNF is the driver Tej(12:46) Uttam : lets test that fresk tick now
12:53 MJ : and 22k ce only 😀
12:53 Tejpreet : MJ bn always moves as per Uttam:0
12:54 MJ : yeah tp
12:54 MJ : I copied you.
12:54 Uttam : new highs in BNFfffff
12:54 MJ : under UG’s guidance.
12:54 KK : Sold at 410
12:54 MJ : 303 404 22k ce
12:54 KK : 335 to 410, UG..je baat
12:54 Uttam : congo guys
12:54 MJ : holding 50% for his 600
12:55 MJ : 🙂
12:55 MJ : with tsl of course.
12:55 KK : I am going to follow you today. Jahan tum jaate ho..:0
12:55 KK : 🙂
12:55 Shai : Nice blues abv 10320
12:55 Shai : going to 10365 plus now on new demand
12:55 MJ : shai 10400 didn’t write at 10240 dip too.
12:55 Uttam : now can trail SL to in that 22k ce
12:55 Uttam : 330*
12:56 KK : Switch to NF now..
12:58 Uttam : such a nice bell in NF
12:59 Uttam : lwts have the extension handle now
12:59 Uttam : 15 more mins for H to complete
13:00 KK : ok, bnf looks better for that 100 pt jump
13:01 Uttam : see which tail remaisn now – (11:17) Uttam : Initiative tail is more imp than responsive tail
13:01 MJ : +100
13:02 Shai : Buy 10400 ce abv 90 sl of 77 tgt 109. buy abv
13:02 Shai : nice platform now laid by these IB’s and COT to spark the next rise to 10370/ 10390
13:03 Shai : see the difference here versus the open at same prices and you will undertand why COT leads
13:04 Uttam : +1 Shai
13:04 Favas : +1 shai
13:04 Uttam : auction never happens in a straight line so we need to understand when the sellers are out & fresh buying coming in
13:06 Chandu : v need to break IBH in nifty fr further upmove uttam?
13:07 Shai : yes ectension shouldf spark it
13:07 Shai : 6 mins
13:08 Uttam : Bops you reading this I guess 😉
13:11 Sanjeet : again SL
13:11 Shai : Exit the 10400ce if 77 breaks, we will revbuy near 66
13:11 Shai : ?
13:11 Uttam : 77.1 low so far
13:12 Uttam : never put SL in system 10:30 to 1:30
13:12 Uttam : another rule given in the risk management article
13:12 Shai : exit if 77 breaks
13:13 Shai : wanted a break abv 90 in that 1
13:13 Shai : we wait for now
13:14 Shai : My dear, I never saw you all month here when we were up 66% for the month? – 1 sl and you start whining?- (13:11) Sanjeet : again SL
13:15 KK : BNF kindly do the needful
13:16 Sanjeet : Hi SHai looks like my risk management is not proper
13:16 Sreedhar : you have to be God to predict all move..
13:16 Shai : Fix it Sanjeet. Everyone else is doing the right way
13:16 Tejpreet : My average short was 326 sl hit at 342 …..longs in at 312 part book 326 rest SL cost ….Sanjeet risk mgmnt at change ass per cot …if you are ID player.
13:17 Uttam : yes Risk management is equally important in our profession
13:17 Shai : 1% max risk per trade , get rich slowly
13:17 KK : So UG, 330 SL and going for 460, fair expectation in 22K CE
13:17 Sanjeet : noted tej and shai
13:18 KK : reentered at 370
13:18 Uttam : back near cost this CE now – (13:11) Uttam : 77.1 low so far
13:21 Shai : extension shoukld come
13:21 Uttam : mere Karan Arjun aayenge 😉
13:21 Suhas : Sanjeet Shai and UG are the most confidant and masters in what they do..i think working on self will help you here ..please keep Moral high
13:22 Nagaraj : 10400 CE in
13:22 KK : 88 se to hum bhi In hain..Shai le ke jao
13:25 Shai : Imp zone in BNF around 21950
13:25 Shai : is the top of a 3 month balance
13:25 Uttam : yes we have an FA also at 21967\\
13:25 Uttam : je baat
13:25 Shai : As intra day players we need to be careful with size in BNF
13:26 Uttam : yes Shai have been entering & booking in that 22k CE
13:26 Uttam : to make trades safe
13:31 Shai : come out of the 10400 ce long at cmp 85-86. we will eter later
13:31 KK : yup , Bell
13:31 Shai : looking for a clean break abv 90 on that 1
13:31 Shai : or an extension in NF
13:33 Himanshu : BNF to 21640
13:37 KK : Why would it cross IBH, BNF ?
13:42 Uttam : Bops having lunch break looks like so given his hammer some rest
13:42 KK : SPX at 3085 would be nicely placed, then lets see, where we are at that time
13:43 Tejpreet : Uttam no normal …remember 222 and 333 !!
13:43 Uttam : jackhammer coming up in J Bops 😉
13:43 Uttam : yes Sirji but Bops not co-operating 😉 – (13:43) Tejpreet : Uttam no normal …remember 222 and 333 !!
13:44 Tejpreet : Looks like Bops recharging 🙂
13:44 Uttam : or Himanshu sent his LIC babus for ulnch so that he can get his 21640 in BNF 😉
13:45 Uttam : plan to do only Jul options from tom
13:45 MJ : Jackhammer
13:45 MJ : haha! nice
13:46 Shai : BNF debating at the most imp level of the month
13:46 Ankit : @uttam normal day then?
13:46 Ankit : shop closing
13:46 Uttam : till now normal but very good chance of becoming abnormal 🙂
13:46 Ankit : haha
13:47 Ankit : good one +1
13:47 Uttam : isi baat per ext handle de do please
13:47 Boppanna : Would be a clean move quick move if we get above IBH in NF like Shai says lets wait and not prempt BNF again the key
13:47 MJ : Ug 4 pings done in 22kce
13:47 MJ : now fly pleej.
13:47 Ankit : seems a bit unlikely to me right now
13:48 Ankit : only above 10340 5 min closing… will consider imo
13:48 Tejpreet : Ankit in 5 min Uttam will take to 370-90 !!
13:48 Ankit : hehe … still i will let it go
13:49 Uttam : yes if Tej & Jit enter their full volumes 😉
13:49 Tejpreet : 🙂
13:49 Uttam : third consecutive month when expiry week has started on a bullish note
13:49 Uttam : April was the best but June could get better
13:49 Ankit : because above 10340… shai’s 10430 is what i will eye for… so enough room above
13:50 Uttam : expiry week wise
13:50 Tejpreet : +1 Ankit
13:50 Uttam : will form a nice spike on the montly profile as well if we do that
13:50 Ankit : _/\_
13:51 Himanshu : HDFC bank- Spot high 1045.95 –
13:51 Himanshu : Algo high – not able to cross – 8t JUne high was 1066.65
13:53 Uttam : nice to see 5 trading weeks in July 🙂 30th July is the monthly expiry
13:54 Shai : Glenmark 30%
13:54 Uttam : cos of that drug news?
13:54 Shai : yes
13:55 Uttam : they deserve much more of the drug works well 🙂
13:55 Shai : 30% is huge huge !!
13:55 Uttam : amen
13:55 MJ : yeah chief.
13:55 Ankit : yes
13:55 MJ : all over news that PR was.
13:55 Ankit : i am in glenmark since 385
13:55 Uttam : great Ankit
13:56 MJ : Lovely Ankit
13:56 Ankit : thx uttam… came in my radar around 2nd june
13:56 Ankit : people talking today after it broker 52 week high
13:56 Ankit : i booked at 540 today
13:56 Ankit : _/\_
13:57 Shai : +1
13:57 Shai : Congrats
13:57 Boppanna : +1 Ankit
13:57 Uttam : congrats
13:57 Govind : Pool party at Ankit’s tonight
13:57 Sanjeet : congrats Ankit
13:57 Ankit : thank you all 😀 /\_
13:57 Himanshu : Ankit – Tool Party
13:58 Himanshu : You drilled the medicine out
13:58 Ankit : haha you remember himashu
13:58 Avinash : +1 Ankit
13:58 Himanshu : Why not
13:59 Himanshu : But good for us – Proud moment also
13:59 Ankit : thank you guys 🙂 will post the trade snapshot in slck
13:59 Ankit : slack
13:59 Uttam : BNF has other plans
13:59 MJ : boomboomboom
13:59 Uttam : 22k
14:00 Uttam : hows it
14:00 Himanshu : FM will ask advance payment and some 50 more generic to be signed for supply to US
14:00 MJ : 280 340 22.2k ce
14:00 MJ : 22k ce holding still
14:00 Uttam : chalo chalen
14:01 Shai : rolover trade
14:01 MJ : chief 2L not visible on july OF?
14:02 Shai : pat fille donly in July
14:02 Shai : part*
14:02 Uttam : 429 to 465 fresh and latest trade in that 22k ce
14:02 MJ : Okay bossman.
14:03 Uttam : 22315 coming?
14:03 Uttam : 22189 is 2 ib by the way
14:03 Sandesh : waitin UG 22222
14:03 MJ : BABAJI!
14:03 Rajesh : are we in 10400 ce?92
14:03 MJ : 10444 bhi karva denge?
14:06 MJ : Anyone noticing the I period moves since last week?
14:08 Boppanna : 2 rows of o’s at top in 5 NF and 1 row at 340
14:13 Uttam : J needs to make hgiher hgih
14:15 Uttam : K I mean
14:16 MJ : UG tsl to 400?
14:17 MJ : 22k ce?
14:19 Uttam : one more fancy trade in 22k ce from 429 to 492
14:20 Govind : UG, 22200 almost here
14:20 Govind : but I booked
14:20 Uttam : me too Gov
14:21 Praveen : hdfc bnk need to break 1045
14:21 Uttam : all out from BNF
14:21 Govind : Cheers UG
14:21 Uttam : holsing only 10400ce now
14:21 Uttam : cheers bro
14:22 Uttam : 330SL for today now MJ
14:22 Uttam : if want to hld that
14:22 Uttam : no change in that
14:22 Uttam : but I am all out
14:23 Uttam : 10403 is 1.5 IB in NF
14:23 Uttam : when will it come?
14:26 Ashok null : couple of reds in BNF..profit booking UG?
14:26 Uttam : NF hell bent upon a bell close?
14:26 Uttam : RS+IS forming in BNF
14:27 Uttam : let this bar complete as can give a move back to 21640
14:27 Himanshu : HDFC bank gave yp
14:27 Himanshu : did not cross 9.30 High
14:29 Uttam : no more pos
14:29 Sreedhar : whats there at 21640 UG?
14:29 Uttam : all out
14:29 Uttam : dPOC there SReedhar
14:29 MJ : out too
14:30 Sreedhar : thanks bhai
14:30 Govind : Let’s have one more spike day to end Uttam
14:30 Amit Jain : am out to0 thanks ug
14:30 Uttam : congo guys
14:30 MJ : Thanks UG
14:30 Uttam : yes Gov a, hame 😉
14:31 Uttam : am game*
14:32 Govind : Cool
14:33 Govind : SPX at day’s high too
14:34 KK : 10403 tag kare phir..if bnf plays along
14:37 Vishnu : will nifty give spike towards 1.5 ib ug?
14:38 Uttam : Tej wants 10458
14:39 Tejpreet : 🙂
14:39 Vishnu : tp give that man
14:39 Tejpreet : Vishnu Uttam said 222 NF range in morning only !
14:40 Vishnu : +1
14:41 Uttam : 2:45 extension handle is the sign now for it
14:41 Uttam : 3 more mins
14:42 Uttam : BNF also 22315 would have been nice today at least
14:43 Uttam : brakes put at 22100 for now – a) BNF needs to get above supply of 21375-399 for a rise to 21520* / 21648-695 / 21785-888 / 21932-22000 & 22110-200
14:43 Uttam : NF at 10375 – a) NF has supply at 10248 above which it could rise to 10295-320 / 10350-375 / 10410-419 & 10440-455
14:43 Uttam : 10374.75 high so far
14:45 Uttam : POC chalo andolan
14:45 Govind : HImanshu doing it
14:48 Uttam : 10300pe 99-109
14:48 Rajiv Ohri : UG longs getting stuck here?
14:49 Uttam : bell forming Rajiv
14:49 Uttam : so close at VWAP or dpoc
14:49 Uttam : longs booked out
14:49 Uttam : late ones could get stuck
14:49 Uttam : so theri SLs being hit
14:50 Uttam : Bops called for this balance in NF right in morning _/\_ Bops
14:51 Uttam : 10320 imp zone now in NF for expiry looks like
14:51 Rahul null : we buying qpe
14:51 Rahul null : 10300 pe .
14:51 Uttam : no Rahul
14:51 Rahul null : thanks
14:52 Uttam : that was a small trade fro the retracement to vwap
14:52 Uttam : VWAP ttest done ans we have stuck reds there
14:53 Uttam : though another IS at vwap could give a test of 10288-280 in NF
14:53 Uttam : for now vwap holdong
14:54 Uttam : BNF wants that fill to 21680?
14:56 Naresh Dubbudu : Anyone using upstox. The platform behaving wierdly. Lag & all.
14:57 Shai : balance formed 2nd half of day today
14:57 Shai : RIL dragging the NF down also
14:58 Shai : one more day perhaps tom at 10320 +/-
15:00 Rajesh G : shai can we buy overnight calls nifty
15:02 Shai : not today
15:02 Shai : may open flat
15:02 Rajesh G : ok
15:02 Rajesh G : thanks shai
15:02 Nagaraj : So Shai, another test of 10320 tom shoudl tell us which way are we headed?
15:03 Himanshu : Chief – HDFC Bank – Dragging – BNF donw
15:03 Himanshu : now days low
15:03 Shai : if 10240 breaks it can get severe
15:03 Shai : lese back to 10320
15:04 Sreedhar : UG lo aagaya
15:05 Sreedhar : made a good short ..thanks UG
15:09 Shai : +1
15:10 Shai : No demand actually abv 10350 F today
15:10 Shai : would be the area to watch ahain tom
15:10 Shai : does not look like it will be easy to cross tom also
15:11 Vishnu : shai 10540 still reachable?
15:12 Naresh Dubbudu : I am actually carrying BNF 22000PE from 443.Contemplating carrying it overnight.
15:12 Shai : looks diff this series now Vihnu
15:12 Vishnu : july ?
15:13 Shai : july yes, base is good at 10100
15:13 Vishnu : thanks
15:13 Sreedhar : Shai your magnet 10100 again this week
15:13 Sreedhar : ?
15:14 Shai : only if 10220 breaks tom,
15:14 Shai : else we stay in balance
15:14 Shai : (15:03) Shai : if 10240 breaks it can get severe(15:03) Shai : lese back to 10320
15:18 Favas : shai 21700 straddle@840?
15:18 Favas : good premium?
15:19 Shai : BN option staddles are high risk
15:19 Shai : do a 10300 if you have too, with points at 10230 and 10360 F
15:19 Favas : otnx
15:19 Favas : thnx
15:21 Sachith : Superb hypos and levels UG… and Shai thanks for constant guidance…
15:22 Uttam : _/\_ Sachith
15:23 Himanshu : UG – still BNF at high POC
15:23 Himanshu : Beast has not given up yet
15:24 Himanshu : HDFC bank – found buyers at PDL
15:24 Himanshu : and stabilizing there, might bite up tomorrow ,,
15:25 Shai : Longer time frame influence is there at BNF highs of day
15:25 Shai : keep watching that level into thursday
15:25 Govind : Thanks Shai
15:25 Himanshu : Ok Chief Thx
15:26 Shai : +1- (15:21) Sachith : Superb hypos and levels UG… and Shai thanks for constant guidance…
15:26 Shai : Close at dpoc/ vwap
15:26 Shai : One more day needed in NF here
15:27 Uttam : bell ka kamaal
15:27 Shai : but the move out will be worth the wait
15:27 Vishnu : great for 10540/10700
15:27 Uttam : yes Shai and coinciding with the expiry too 😉
15:27 Shai : BYe all
15:27 Himanshu : Chief – BNF 20500 PE is safe for July
15:27 Shai : Have a good evening
15:27 Uttam : thanks All 🙂 have a lovely evening
15:27 Vishnu : bye all
15:27 Naresh Dubbudu : Bye all
15:27 Shai : For July?
15:27 Shai : 🙂
15:27 Himanshu : Yes Mthly
15:28 Giridhar Gowravajhal : Thanks Shai & Uttam. Bye all
15:28 Shai : BNF montster you want to cage for a month?
15:28 Sachith : Bye everyone
15:28 Vishnu : hahaaa
15:28 Himanshu : No CHief – till this expiry
15:28 Nishant : Shai – Is it a Open = Close today?
15:28 Himanshu : premium is high and move from DPOC will bring it to half in 3 days
15:28 Avinash : Bye everyone
15:29 Manikandan : Bye all
15:29 Tejpreet : Bye All.
15:29 Shai : Junbe tom should contain at 20600
15:29 Shai : so looks safe for now
15:29 Himanshu : Ok thx
15:29 Himanshu : Bye alll
15:29 Shai : Bye all
15:29 Vishnu : ge
15:29 Vishnu : bye all


09:07 Shai : (09:05) Shai : 10170 ref line for the open today(09:06) Shai : Auction closed in imbalance on Friday and is expected to take the first step to a balance today(09:06) Shai : watch 10240 for a formation of a balance zone(09:07) Shai : expected probe above 10100 is to 10411 -10427(09:07) Shai : last 2 days were about calls unwinding and expect to see a bit more of the same today
10:11 Uttam : a) NF has supply at 10248 above which it could rise to 10295-320 / 10350-375 / 10410-419 & 10440-455
10:12 Uttam : a) BNF needs to get above supply of 21375-399 for a rise to 21520* / 21648-695 / 21785-888 / 21932-22000 & 22110-200