Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.
Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
NF
BNF
Room Chat
09:00 Bhaskar : GM all
09:00 Pramathesh : GM all
09:02 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/457633285
09:02 AmitN : Good morning all
09:03 Chandrashekhar : GM all
09:03 Rajan : Good morning room
09:03 GS : GM all
09:04 Amit : GM all
09:05 Shai : Gm all
09:05 GS : GM shai
09:05 Sumit : GM all
09:07 Shai : GM all
09:07 Shai : https://vtrender.com/market-profile-analysis-dated-22nd-jan-2020/\
09:09 Tejpreet : GM All.
09:10 Vishnu : gm all
09:11 Uttam : Good Morning All 🙂
09:11 Suren : GM All
09:14 Ketan : good morn room
09:14 Tejpreet : Uttam No gap , now can we do 12050 and 12250 both .
09:15 Vishnu : monthly tej?
09:15 Sumeet : Zeros at top
09:15 Tejpreet : no refering to Shai’s tweet about 12050 or 12250 ….being greedy by expecting both 😉
09:15 Chandrashekhar : 16 K greens in between
09:16 Chandrashekhar : cot was -30..now slowly recovering
09:16 Chandrashekhar : NF..
09:17 Uttam : 12110 again had some demand?
09:18 GS : +1 on shai’s tweet
09:18 GS : is the screen visible to everyone?
09:18 Chandrashekhar : good vols in BNF Shai/Uttam?
09:21 Shai : 12100 ce tgt 51
09:21 Tejpreet : Timely alert Uttam for that demand at 12110 …..+1
09:22 Shai : +1
09:22 Shai : sl 34 on that CE]
09:22 Tejpreet : monthly 12100 ce from 95 to 111 …rest sl cost.
09:26 Uttam : +1 Tej
09:27 Shai : BNF steady abv 30810 today
09:27 Tejpreet : tks
09:27 GS : cool
09:27 Shai : may do 31050
09:27 Ankit : good vol on second 5 min candle
09:27 GS : 12188?
09:30 Shai : stall beginning
09:30 Shai : book if in BNF and the CE
09:30 Prakash : 5mins charts are not rsponding to the actual moves – seems some lslowness
09:31 Shai : it’s 12152 on my screen
09:31 Shai : what do you have?
09:31 Shai : if on chrome – move to FF
09:32 GS : chrome is better , faster than FF, my experience
09:32 GS : for dev work use FF
09:32 Shai : yes, temp move
09:32 Uttam : that dhrome issue also sorted Shai, there was a flash player update and from yesterday working fine so I am back to chrome
09:32 Shai : As it has flash issues with last update
09:32 Prakash : yes using chrome
09:32 Uttam : chrome*
09:32 Shai : or update flash player
09:32 Shai : okay
09:33 Uttam : 12100pe being written aggressively?
09:33 GS : +1 UG
09:33 GS : 12188 let’s go
09:33 Chandrashekhar : +1 Uttam
09:33 KK : Should we move the sL Shai ?
09:33 Uttam : 1011 coming in BNF?
09:34 GS : jumped
09:34 Uttam : 31011*
09:34 Chandrashekhar : OI increased from 18-24 now
09:34 Uttam : NF first tgts done on both hypos
09:34 Ketan : done ! thanks Shai / uttam
09:34 GS : 51 dot
09:34 Uttam : 12111 & 12173
09:34 GS : still going up
09:35 Chandrashekhar : CE on tgt as well..55 here
09:35 KK : part book here ..54 ?
09:35 GS : +! @shai UG
09:35 Boppanna : Watch 52 on 31000ce
09:36 GS : still going up
09:37 GS : 70
09:37 Chandrashekhar : in Tuesday’s profile now
09:37 Uttam : 12150ce from 24 to 32.1
09:37 Uttam : boom boom 🙂
09:37 Tejpreet : +1
09:37 Uttam : 30995 BNF so far
09:38 Tejpreet : dt done 🙂
09:38 Ankit : dt done for me too
09:38 Ankit : but missed the whole rally
09:39 Uttam : 310007 high so far
09:39 Ankit : like the real move missed
09:39 GS : 79er
09:39 Uttam : (09:33) Uttam : 1011 coming in BNF?(09:34) Uttam : 31011*
09:39 Govind : 12100ce from 36 to 73.5; 4RR trade
09:39 GS : yep gone now , wait for next one
09:39 Uttam : super Gov
09:39 Chandrashekhar : Congrats Gov
09:39 Uttam : and congrats all 🙂
09:39 Sai : good morning all
09:39 Chandrashekhar : Super trade Shai..
09:39 GS : I think many stayed in and got good mtm
09:39 Ankit : congrats govind
09:40 Ankit : yea looks like
09:40 Uttam : longs booking looks like
09:40 Govind : Thanks UG and Ankit
09:40 Tejpreet : Shai from swing view SL for NF shorts ?
09:40 Amit : 2dt done – 12100 ce from 20 – 36/44/51/57/63/74
09:40 GS : another up move uttam?
09:40 Amit : all out
09:40 Sachin : i went 12200 pe at 37 and booked at 42, based on COT and closer to 12200 resistanece, was this ok?
09:40 Govind : L&T and Axis leading this
09:40 Uttam : yes test of 12210-220 coming looks like in NF
09:40 Chandrashekhar : at yesterday’s extn handle now
09:41 Chandrashekhar : both at same point…
09:41 Govind : Thanks Chandra
09:42 Jitender : congrats everyone
09:42 Shai : 12155 sl for longs
09:42 Shai : day driving
09:42 GS : struggling?
09:42 Chandrashekhar : almost 21 l vol in this 30 min candle
09:43 Sachin : once again 35 to 40
09:43 GS : reds/profit booking?
09:43 Uttam : -36k COT & now -25k going on in this bar
09:44 Uttam : -31k
09:44 Ankit : can be a trend day up?
09:44 Shai : little early
09:44 Vishnu : 20 l above in a period
09:44 Ankit : ok
09:44 Vishnu : shai any drive partiy entered?
09:45 Sachin : 12200 CE only aat 8.30
09:45 GS : 12257 ?
09:45 GS : let’s go 12257
09:46 Sachin : shai, the COT vols from start were really not matching the kind of momentum we have seen?
09:46 Chandrashekhar : 12200 CE is heavily written..hihest OI iin the table
09:46 Chandrashekhar : 40 lac it is
09:46 Uttam : 28L OI in that 12200ce Sachin, needs to start coming down
09:46 GS : stuck at 12200
09:46 Uttam : sorry 40L now
09:46 Chandrashekhar : +1
09:46 GS : break it
09:47 Shai : COT has 1L buyer at 12110 yesterday- don’t forget him
09:48 Uttam : 🙂
09:48 Govind : Yes Shai, and was tested this morning and bounced from there 🙂
09:48 Uttam : and that guy was back in the morning – (09:17) Uttam : 12110 again had some demand?
09:48 Govind : +1
09:48 GS : vwap test ?
09:48 Chandrashekhar : +1..that was the game changing observation Uttam
09:49 Uttam : all thanks to OF
09:49 Shai : +1
09:49 Uttam : ORR in both more so in BNF
09:49 Uttam : tested below PDL & swiped hgiher above that Value of yesterday
09:49 Uttam : though vols are just a bit abv average
09:50 Shai : BNF not sustaining
09:50 KK : +1 Shai, was that call based on ORR and Positive COT with SL on the bottom of the COT ?
09:50 KK : 12100 CE ?
09:50 Uttam : 30860 needs to hold
09:51 Uttam : at vwap now so needs buyers to come
09:51 Boppanna : 31000ce touched 52 and pulled back
09:51 Uttam : RB
09:51 Shai : 30950 supply entered BNF
09:51 Vishnu : entered at 12200 weekly at 33 and out now at 45
09:51 Chandrashekhar : both 12150 & 12100 CE OI coming down slowly now….
09:51 Shai : yes- (09:50) KK : +1 Shai, was that call based on ORR and Positive COT with SL on the bottom of the COT ?
09:51 Uttam : yes 30960 IS on 5mins too in BNF
09:52 Uttam : 13k red at 30935
09:52 GS : reds in NF too
09:52 Uttam : BNF did the firsy hypo to the T
09:52 Boppanna : +1 Uttam
09:53 Uttam : lots of reds getting stuck in BNF
09:53 Uttam : needs to get anpve 30960
09:55 Jitender : BoP has made the budget low 🙂
09:55 GS : 12195 3 times tested
09:55 Jitender : yday
09:57 Ankit : if crosses 12204… 12220 can come quick?
09:57 Ankit : 80% rule?
09:57 Shai : uptp 12250
09:57 Ankit : thanks chief
09:57 Ankit : will hold it till there then
09:58 Govind : Uttam, can we do 48 in the 12150CE?
09:58 GS : +1 shai
09:58 Govind : got in at 23.8 and booked half around 35
09:58 GS : 12195 touched 4th time
09:59 Govind : sorry, 25.8 was entry
09:59 Uttam : 15 is sup in that 12150ce Gov & can do 55-60
09:59 Govind : Nice, thanks UG
10:00 Uttam : you trail your pos to cost though now as no point in losing money on a goo trade 🙂
10:00 Govind : yes, that is what I am doing now
10:00 Uttam : good*
10:00 Govind : +1
10:00 Boppanna : If Jit holds todays vwap today and tomrrow then Jit will push this to stability
10:00 GS : vwap 12167
10:01 Ankit : B is being slow
10:02 Jitender : hold todays low BoPs in bnf n yday of nf
10:02 Ankit : need atleast 10L vol in B
10:02 Jitender : u get a good range till budget
10:02 GS : stayed about VAH of prvious day for long time
10:02 Ketan : @jitender what is BoP
10:02 Jitender : u brk tem…u get an equal amt of REn down
10:03 Jitender : shrt form of Boppana’s name
10:03 Boppanna : Ketan its me buddy not an MP ref
10:03 Govind : haha
10:03 Uttam : bigger IB eange in both so can expect some balance in the afternoon now
10:03 Ketan : ha ha ha thanks.
10:03 Uttam : range*
10:03 Jitender : though BoP has become an imp ref now after Uttam
10:03 Tejpreet : +1 Jit
10:04 Uttam : not after me Jit, ha has been right there giving his very imp observations
10:04 Jitender : he hasnt reached 6 and 9 lvls yet Uttam 🙂
10:05 Uttam : lol duniya gol hai
10:05 Uttam : for that he needs to undertake training from you ;-p
10:05 Jitender : and u r the first & only Eagle Eyes
10:05 Boppanna : Lol Jit…Uttam 328 pts IB BNF so u happy that ur hypo done so relax till 1pm
10:05 Uttam : _/\_
10:05 Uttam : expiry day also Bops so looks like we have some rotations till your H wala hammer period 😉
10:06 Jitender : i am more of a missionary guy Uttam…monk w/out the ferrari
10:06 Uttam : yes and with the yatch 😉
10:06 Jitender : if u can read bet the lines 😉
10:06 Uttam : volumes in both have been consistently reducing
10:06 Jitender : yatch n ferrari is parked at VT’s off in Pune regd to one Shai i believe
10:06 Boppanna : Watch that Uttam’s 860-840 if and when we dip
10:07 Tejpreet : Uttam give one C extension and then go for your rotations.
10:07 Uttam : like a well behaved height order
10:07 Jitender : *900 to watch nw BoPs
10:07 Jitender : 900-940 zone
10:07 Boppanna : ok Jit
10:07 Uttam : take out 30960 & 12200 then we have a C side Tej
10:07 Boppanna : so axis results good
10:07 Boppanna : ?
10:08 Uttam : below estimates & which is why we rallied 🙂
10:08 Uttam : if they were good we would have fallen
10:08 Jitender : we were oversold n pcr said so
10:08 Jitender : pre open infy, LnT & Infy alll green…first signal
10:08 Uttam : 12100 pe wrtiers are going very confident looks like
10:09 Ketan : too early to give data ., but so far 3.60 cr options at 12204
10:09 Uttam : +1 Jit
10:09 Jitender : got 56 bps in nf & suban allah in bnf
10:09 Ketan : exact high of today .,
10:09 Jitender : so all set
10:09 Jitender : Ketan dont even watch them today
10:09 Jitender : go with price n OF
10:10 Jitender : (10:10) Jitender : we are more deadly than OI on expiry day
10:10 Uttam : 40L OI in 12100pe & 42.8L in 12200ce
10:10 Ketan : @jitender., i am trading with VT room., but this data is the guide., have used it for a very long tie and works quite well.
10:10 Ketan : *time
10:10 Uttam : lets see if these 2 keep on addinc or if one of them comes down
10:11 Jitender : cool Ketan, if u r convinced, pls ignore my comments
10:11 Jitender : conviction matters more than anythn else
10:11 Ketan : @jitender its an additional tool for me., VT room is for conviction to trade bigger qtys
10:12 Jitender : +1
10:12 Ketan : @jitender earliers used to use just those., now with VT room., probabilities are higher
10:12 Jitender : am all fr ppl who have their system & conviction ..they are the tortoises who eventually win
10:13 Govind : This 12204/205 level was yesterday’s IBL from where C period gave an extension of over 50 points; need to take out NF
10:13 Govind : and C starts in 1 minute
10:14 Ketan : +1 Jit
10:15 Boppanna : +1 Govind
10:15 Jitender : n one brotip..be here at VT for couple of years…u will get awesum results with yr sys+VT combine
10:16 Ankit : +1 jit
10:16 Ankit : thats the plan
10:16 Ketan : absolutely ! i am convinced about it !
10:16 Jitender : m the oldes nw here 10+ yrs
10:16 Jitender : oldest]
10:16 Ketan : ha ha jitender 20+ here
10:16 Bhaskar : +1 what does it mean
10:16 Uttam : super senior for all of us Jit 🙂 _/\_
10:16 Chandrashekhar : wow..awesome guys
10:17 Uttam : please keep your hand and blessing above us always
10:17 Jitender : _/\_
10:17 AmitN : _/\_
10:17 Tejpreet : +1 Uttam
10:17 GS : +1 UG
10:17 Boppanna : @Bhaskar just a way of acknowlegegind someone
10:17 Saumyaranjan : also , system is 50 % but ur conviction and risk management is 50% ..i took loss today though it was in profit before sometime..so it all depends on ur execution
10:17 Bhaskar : ok
10:17 Boppanna : *acknowleging
10:17 Ketan : _/\_
10:18 Boppanna : typos give up now
10:19 Chandrashekhar : Have a query guys..in OI its a mix of writers?buyers that contribute to the OI vol right? is there a way we get to know what is the distribution of buyer and Sellers vol in a strike price
10:20 Ankit : 12200 Ce Oi rising
10:20 Ankit : slowly though
10:20 Uttam : @Chandra I try to match the change in OI with the change in price
10:21 Uttam : so OI rising with price falling or stagnant means writers on
10:21 Jitender : k one more sharing ….
10:22 Jitender : from my journey from pure tradn to now nibbling at pure investing….
10:22 Jitender : have clocked 59% return & 29% on 2 stocks..in last 2 months
10:23 Jitender : thanks to an awesum friend whom i helped with tradn and who has guided me with sum investing
10:23 Govind : BNF close to VAH
10:23 Govind : Congo Jit
10:23 Ketan : +1 jitender ! congo ! and best wishes !
10:23 Jitender : cant reveal the name of stocks as tey do 3x from here also
10:23 Uttam : super Jit so now time for another yeath 🙂
10:23 Pramathesh : +1 Jit
10:23 Chandrashekhar : +1,Thanks Uttam
10:23 Chandrashekhar : congo Jit
10:23 Jitender : but the idea is to tell u guys…trading is for spendn income & wealth comes from investments
10:24 Jitender : have been sayn it & now m doing it
10:24 Jitender : tx fr the wishes guys…
10:24 Suren : congrats @Jit
10:24 Ketan : super jitender
10:25 Jitender : (10:24) Jitender : tx fr the wishes guys…
10:26 Rajan : Awesome Jitender
10:26 AmitN : Awesome
10:26 RS null : @jit can u share the idea for selecting the stocks..
10:27 KK : @Uttam, 860 in BNF still a ref for go long here ?
10:27 Ankit : GS bro…holding?
10:27 Uttam : vwap wipe here in BNF and a 10k red there
10:27 Tejpreet : Jit congrats for 3x and the regular 3 dt 🙂
10:27 GS : I am not holding anything , CE started to go down so I exited
10:27 Jitender : tks Tej
10:27 Ankit : grt
10:28 Jitender : RS …not my selection…my friend’s picks…just tat good karma mayb paid
10:28 GS : price was not able to go above 12195 , too much struggle there
10:28 Jitender : n thats y i say …always share n help
10:28 Chandrashekhar : +1 Gov
10:28 Uttam : IS forming in BNF at 30888 – yvwap
10:28 Jitender : sumtimes it may come around
10:28 Boppanna : +1 Jit
10:28 Pramathesh : @UG is NF going for VWAP test?
10:28 Chandrashekhar : that 12200 CE has too much writers..might be a res there
10:28 Uttam : but this bar yet to close
10:28 Uttam : 30858 low
10:28 RS null : Yes True Jit.
10:29 Uttam : so looks like that 30860 being defended
10:29 GS : it might jump back after vwap test
10:29 GS : I was expecting vwap test
10:29 GS : 12170
10:29 Vishnu : dhoka towards down
10:29 Boppanna : @KK C here so longs a little tricky to take below vwap
10:30 GS : but expiry so have to be little careful
10:30 Jitender : C is pure inside
10:30 Jitender : btw 3IB setup played but albeit little quick
10:31 Uttam : (10:03) Uttam : bigger IB eange in both so can expect some balance in the afternoon now(10:03) Uttam : range*
10:32 Uttam : if VWAP breaks & sustains then can forma bell from the current ‘p’ shape
10:32 GS : +1 UG
10:32 Boppanna : Also Shai’s 950 supply message in BNF so they are sitting with 100pts now
10:32 Uttam : BNF needs to get anpve vwap or below 30860
10:32 Uttam : +1 Bops IS it was there I think
10:33 Uttam : NF also going for a vwap test on reds
10:33 GS : too many reds
10:33 Shai : COT went -18k there with 3 color bands,- (10:32) Boppanna : Also Shai’s 950 supply message in BNF so they are sitting with 100pts now
10:33 Uttam : 30800 next ref in BNF
10:34 GS : revereted?
10:34 Shai : (09:51) Shai : 30950 supply entered BNF
10:34 Jitender : +1
10:34 Shai : Big RS in NF at 12190
10:34 Shai : supp still 12150- 55
10:34 Uttam : 12165 ref in NF
10:34 Uttam : hvn of yesterday plus vwap there too
10:35 Jitender : last PB hi at 940 (10:07) Jitender : *900 to watch nw BoPs(10:07) Jitender : 900-940 zone
10:35 GS : 12250 ?
10:36 GS : profit booking by shorts?
10:38 GS : charts stuck?
10:39 Shai : yes
10:39 Chandrashekhar : yes ..Charts stuck
10:39 Shai : connection from esignal gone
10:39 AmitN : charts struck?
10:39 GS : went below vwap
10:39 Ankit : 12165 now
10:40 GS : guess going for 12149
10:40 Govind : mine working Shai
10:40 Govind : esginal
10:40 Chandrashekhar : go to is working though
10:41 Saumyaranjan : if connection is gone that means some big event coming ?
10:42 Shai : back up
10:42 GS : expirty day itself is event
10:42 Pramathesh : that happens in zerodha i guess
10:42 GS : zerodha workng so far
10:42 GS : in afternoon definitely will go nutz
10:44 Chandrashekhar : D here
10:44 Shai : 12150 pe for 31 plus
10:45 Chandrashekhar : +1 Shai
10:45 GS : jumped 28
10:46 Chandrashekhar : if 12155 is broken may give more ..
10:46 Chandrashekhar : that PE shai
10:47 Shai : 31.55
10:47 Shai : exit and wait
10:48 Shai : 12155 is supp
10:48 Chandrashekhar : Thanks Shai
10:48 Chandrashekhar : did 20-28 in that
10:49 Shai : 12145 sl for agg longs tgt 12173
10:49 Shai : last place for buyers is 12155
10:50 Shai : if not held we go to day lows
10:54 Uttam : vwap gone so mostly lows comingbut yes 12150 & 30820 needs to go
10:57 GS : +1 UG shai
10:57 Pritesh : didn’t get after but UG*
10:59 Chandrashekhar : 12200& 12150 CE OI building up heavily
11:01 Vishnu : 0 at 12154
11:03 Boppanna : D doing a slow dance here in BNF
11:05 Govind : 12100PE from 4.5 to 9
11:06 Chandrashekhar : 12150 from 28-34
11:06 Chandrashekhar : PE
11:09 Boppanna : congrts guys
11:10 Govind : thankx Bops
11:10 Vishnu : again zeros
11:10 Uttam : 12200pe monthly from 105 to 114 50% out
11:10 Govind : both inching closer to VAL
11:10 Govind : congo UG
11:10 Uttam : rest at 123
11:11 Tejpreet : congrats everyone.
11:11 Govind : 15 red bars in NF since making the high, in 5 min chart
11:11 Uttam : (10:54) Uttam : vwap gone so mostly lows comingbut yes 12150 & 30820 needs to go
11:14 Chandrashekhar : +1 uttam
11:14 Uttam : 12126 tag will be nice in NF
11:15 Nitesh : E going down..
11:15 Uttam : OTF down since B
11:17 Chandrashekhar : rb here @ 12133 uttam?
11:17 Chandrashekhar : 15 k greens..
11:17 Uttam : exited reest of 12200pe at 109.5
11:18 Uttam : 15k greens
11:18 Uttam : now bell forming
11:18 Jitender : gt 85 bps in the 150 bps fall (10:35) Jitender : last PB hi at 940 (10:07) Jitender : *900 to watch nw BoPs(10:07) Jitender : 900-940 zone
11:20 Prakash : became Choppy due to expiry
11:20 Uttam : 12165 & 12190 probable tgts in NF now
11:20 Uttam : not choppy Prakash playing on expected lines
11:20 Uttam : IB range was too big so could expect these rotations inside IB
11:21 Vishnu : ys
11:21 Uttam : (10:05) Uttam : expiry day also Bops so looks like we have some rotations till your H wala hammer period 😉
11:24 Jitender : bnf gv a 200 bps rotation
11:25 Jitender : kitno ki lagi hogi 🙂
11:25 GS : hope Vtrenders walon ki nahi
11:26 Jitender : obviously
11:26 Jitender : VT has more of nf guys
11:26 Tejpreet : 🙂
11:26 GS : +1
11:26 Tejpreet : i think you and bops BN guys.
11:27 Jitender : from 2mrw..i will try take couple of days off n trade with only 25% vols…wild rides will begin
11:27 Jitender : ys Tej
11:27 Jitender : Gov also dabbles but less
11:28 Govind : Yes Jit, am still a newbie 🙂
11:29 Govind : you guys have taught me well
11:29 Jitender : new bee usually get the fresh honey 🙂
11:29 Jitender : wish u more success bro
11:30 Govind : Thanks Jit, as you’ve said so many times, this is a game of psychology…took me a while to appreciate it
11:30 Jitender : ys
11:31 Uttam : +1 Gov
11:33 Uttam : some late CE wirting in 30800 in BNF
11:33 Uttam : hope they dont get under the bamboo
11:34 Govind : both around PD close and low vols
11:34 Uttam : shoud ideally give one rotation hgiher now
11:36 Govind : yes UG, ideally. am always suspect when YESB leads BNF; this past month it has been BNF contra bet
11:36 Saumyaranjan : 30800CE writters will run like dogs 😛
11:36 Uttam : 30800pe can do 60
11:37 Uttam : both CE & PE will have similar premium then
11:37 Uttam : SL abv 96
11:37 Uttam : (11:34) Uttam : shoud ideally give one rotation hgiher now
11:37 Uttam : done in a flash – (11:36) Uttam : 30800pe can do 60
11:38 Uttam : almost doubles in price – (11:33) Uttam : some late CE wirting in 30800 in BNF
11:38 Uttam : 40 to 79
11:38 Boppanna : Nice one Uttam
11:38 Saumyaranjan : 86 is vwap for 30800CE
11:38 Uttam : thanks Bops
11:39 Shai : Normal day still
11:39 Saumyaranjan : i caught from 48
11:39 Shai : A period ruling
11:39 Uttam : book 50% & trail rest to cost Saumya
11:39 Uttam : we are playing smaller ranges inside the IB
11:39 Uttam : vwap is booking place for these kind of trades
11:40 Saumyaranjan : 58 is my SL for that ..let’s see if i get a jackpot or not
11:40 Govind : Congo Uttam
11:40 Uttam : 12165 done – (11:20) Uttam : 12165 & 12190 probable tgts in NF now
11:41 Uttam : 12165.5 high so far
11:41 Uttam : we are not even above VWAP so have realistic tgts Saumya – (11:40) Saumyaranjan : 58 is my SL for that ..let’s see if i get a jackpot or not
11:42 Saumyaranjan : anysuggestion where should i trail ?
11:42 Uttam : book 50% at vwap & trail rest to cost
11:42 Uttam : that will be a better way to rise it
11:42 Saumyaranjan : i am happy with 10 points ..if SL hits
11:42 Saumyaranjan : ok
11:42 Saumyaranjan : thanks
11:42 Uttam : sure then trade as per your plan
11:42 Saumyaranjan : booked part
11:43 Saumyaranjan : 71
11:43 Sanjib : 11k Seller at VWAP in NF
11:43 Boppanna : @Saumya expiry day expectation is a rotation till afternoon so not the time to expect a lottery
11:44 Saumyaranjan : thanks i booked 70% rest at cost ..
11:45 Boppanna : so see how vwap reacts and decide to keep ur trails after that
11:45 Uttam : you may still get a move to day high but always better to lock in some profit
11:45 Uttam : and make the trade safe
11:46 Uttam : did make a low of 55.5 but that 60 was a hvn so bounces off it to make a high of 74 (11:36) Uttam : 30800pe can do 60
11:47 Uttam : 30800 OI circus continues
11:47 Uttam : morning PE OI was rising then there was a crossover & CE went above & now back in touh distance with each other
11:48 Saumyaranjan : 30800CE OI dropped 1lk
11:49 Saumyaranjan : same time OI increased in 30800PE by 1.5 lk
11:50 Uttam : these wrtiers got a kick – (11:33) Uttam : some late CE wirting in 30800 in BNF
11:50 Uttam : above 85 that CE can do 135
11:52 Saumyaranjan : expiry between 30900 – 30700 ?
11:52 Uttam : what Bops does in H will decide that 🙂
11:53 Saumyaranjan : what is H ?
11:53 Boppanna : H tpo Saumya..
11:53 Saumyaranjan : ok..
11:53 Saumyaranjan : i will be waiting for that again to enter
11:54 Saumyaranjan : i am enjoying trading with MP
11:55 Saumyaranjan : 70 rupees options are target for the writters .. they want their 1 -2 % from this only
11:55 Saumyaranjan : @uttam i booked out at 81
11:57 Boppanna : Congrts Saumya
11:58 Uttam : congrats Saumya
12:01 Boppanna : 7Kgreen right at Jits 900-940
12:08 Boppanna : China markets driven by corona virus deep reds there?
12:09 Saumyaranjan : ha ha
12:10 Jitender : ys BoPs..Hang Seng also
12:11 Saumyaranjan : anyone long at VWAp ?
12:11 Saumyaranjan : what should be SL ?
12:12 Shai : 12145
12:12 Shai : but it is floatring now
12:12 Shai : no hard edge
12:12 Saumyaranjan : ok..done thanks
12:13 Saumyaranjan : Bn also i went long in fut keeping 30840 SL
12:13 Saumyaranjan : is it ok ?
12:13 Shai : was expecting this at open- but the auction now beginning here to go sideways
12:13 Shai : book at 12180
12:13 Saumyaranjan : 30800Ce writter traped finally
12:13 Vishnu : 0 below vwap
12:13 Uttam : yes Shai it did too much in A so now taking rest 🙂
12:15 Uttam : done – (11:50) Uttam : above 85 that CE can do 135
12:15 Uttam : 139 high
12:15 Shai : +1
12:15 Tejpreet : +1
12:15 Saumyaranjan : thanks bro booked
12:15 Uttam : congrats Saumya
12:15 Saumyaranjan : i kept that order
12:16 Uttam : prev high was 82 i think
12:16 Saumyaranjan : yes
12:16 Saumyaranjan : i booked there
12:16 Uttam : so you are milking it all 🙂
12:16 Saumyaranjan : i am buy low guy ..so i entered at 65 again..
12:16 Uttam : now that CE OI showing deeper fall
12:17 Uttam : more writers getting punished
12:17 Saumyaranjan : nifty also entered 7.2 booked at 15
12:17 Saumyaranjan : this consistency was missing .. U guys rock.. too much trade is injurious so i am out .. thanks guys
12:17 Uttam : Done both almost – (11:20) Uttam : 12165 & 12190 probable tgts in NF now
12:18 Uttam : 12183.7 high so far
12:18 Sachin : if bn crosses 31005, we hit 31100 pretty soon?
12:21 Uttam : 31050-61 & above it straight to 31175 possible
12:22 Jitender : this virus has come from eating bats from a certain province in china
12:24 Shai : _/\_- (12:17) Saumyaranjan : this consistency was missing .. U guys rock.. too much trade is injurious so i am out .. thanks guys
12:24 Saumyaranjan : i am keeping Futures with ur SL though..options i am not trading
12:25 Jitender : take the day off Saumya
12:25 Jitender : preserve n enjoy
12:26 Ankit : +1 jit
12:26 Saumyaranjan : yes.. ..i am just watching ..to analyze trade on MP on thursdays..
12:27 KK : why is H Period called ” hammer” ? any relevance ?
12:27 KK : or its our own iformal lingo
12:27 Saumyaranjan : becasue of this H period i am waiting
12:27 Shai : 12100 call and 12200 puts now are the effective futures
12:28 Saumyaranjan : and watching how it can be relevant
12:28 Shai : 12100 call and 12200 puts**
12:28 Jitender : another one (11:24) Jitender : bnf gv a 200 bps rotation
12:28 KK : Uttam actually mentioned post that 15K, that 12165 , 12190 is coming..we touchd 12184
12:33 KK : 9 mins more and we are there
12:33 Vishnu : entered in 31900 ce doubled the invest and out\
12:33 Saumyaranjan : H period came ?
12:34 KK : not yet
12:35 Vishnu : dt done
12:35 KK : H will bring it back .:)
12:35 Saumyaranjan : it won’t be relevant on expiry day when already there was an existing downtrend..(DT = double top ?)
12:37 KK : 12 150 CE gave nice 23 points entry of 7, I hope 12150 PE does the same.
12:37 Shai : 12181 supp
12:38 Shai : 12210 and 12230 dues abv 12180
12:44 Saumyaranjan : H started in BN
12:44 Saumyaranjan : and Nifty too
12:46 Govind : DT means daily target Saumya
12:46 Govind : ye, it could also mean double top
12:46 Govind : but here when someone says DT done, that means they have achieved their daily goal
12:56 Saumyaranjan : uttam one hell trade bro .. 197 Now ..
12:56 Boppanna : BNF Looks like H making Uttam’s 155 IBH +filer SL
12:59 Boppanna : would part book
12:59 Boppanna : trail at 80
13:00 Jitender : mkt at extreme
13:01 KK : will these 0s at the top of bnf any important ?
13:03 Boppanna : wouuld wait for 5min to finish
13:03 Govind : 31k ce from 42 to 63, all out
13:03 Boppanna : same pinch
13:03 Ankit : good supplly here
13:03 Govind : Nice one Bops!!
13:04 Govind : very nice day to trade, 3 waves it has given
13:05 Vijay : +1
13:05 Govind : NF yet to take out DH
13:06 Shai : 12192 supp- (12:37) Shai : 12181 supp
13:06 Boppanna : out all
13:06 Ankit : thanks for comment shai
13:06 Ankit : makes me clear my understanding
13:07 Shai : (12:37) Shai : 12181 supp(12:38) Shai : 12210 and 12230 dues abv 12180
13:07 Shai : upto 12192 now
13:07 Tejpreet : +1 also no sign of reds in cot.
13:07 Saumyaranjan : Shai doing surgical strike on nifty today with his soldiers 😛
13:08 Shai : yes- (13:07) Tejpreet : +1 also no sign of reds in cot.
13:08 Vishnu : if nf breaks todays 12205 above easily 20 points up
13:08 Uttam : bola tha H for hammer Bops will do 🙂
13:08 Saumyaranjan : hit it guys
13:08 Tejpreet : and boom
13:09 Saumyaranjan : 216 resisting
13:09 Uttam : 1.2L red in NF
13:09 Uttam : 0s above
13:09 Uttam : SLs
13:09 Shai : 12215
13:09 Vishnu : above that 0
13:09 Vishnu : 12208
13:09 Uttam : (11:52) Uttam : what Bops does in H will decide that 🙂
13:09 Uttam : thanks Bops
13:09 Shai : Auction ends
13:10 Shai : longs book
13:10 Uttam : NF also completes the hypo1 almost to the dot
13:10 Saumyaranjan : done
13:10 Uttam : 12220 was the last tgt
13:10 Uttam : BNF should have tagged 31175 though – missed by 35 points
13:10 Tejpreet : Shai bn doesn;t want it to end 🙂
13:10 Uttam : can still do it
13:10 Govind : Total 5 trades, 3 out of 5. 3 DT done.
13:11 Shai : our 12110 guy comin g out
13:11 Uttam : (12:21) Uttam : 31050-61 & above it straight to 31175 possible
13:11 Govind : he got a cool 100 points
13:11 Uttam : nice exact 100 points for that felllo
13:11 Shai : he had a limit to sell open
13:11 Uttam : +100 Shai
13:11 Shai : that’s why the 0’s
13:11 Govind : he got that in the morning itself though
13:11 Vishnu : 0s at purple line cautious on longs
13:12 Ilyas : +1 Shai
13:12 Uttam : BNF seems to have some more petrol
13:12 Govind : All pent up energy in BNF UG 🙂
13:12 Govind : has been getting beat up
13:12 Shai : he has slapped all those buy abv calls abv 1200
13:12 Uttam : uska time aa gaya 😉
13:13 Shai : interesting ti,me
13:13 GS : 12250 let’s go?
13:13 Uttam : 12262 could come if BNF gets into beast mode
13:13 GS : +1 UG
13:13 Boppanna : H ending
13:13 Uttam : what plans for I Bops
13:14 Jitender : thesse FIIs get screwed wen Anuj says tat tey are ‘all-in’
13:14 Boppanna : got trailed out at 80 so just watch
13:15 Govind : 30800ce has gone from 35 to 280
13:15 Govind : what a move
13:15 Ketan : done thanks guts !
13:15 Ketan : guys *
13:16 Uttam : 31170 high so far
13:16 Jitender : 31k pe from 385 to 20
13:16 Uttam : 5 points kiske liye choda BNF
13:16 Tejpreet : jit amazing trade +100
13:16 Govind : Nice Jit! Wow
13:16 Boppanna : Hope Soumya doesn’t curse me when he wished for an early lottery 🙂
13:16 Shai : 12200 supp
13:16 Uttam : NF hypo to the dot all tgts
13:16 Jitender : Ketan…got my point about OI
13:17 Uttam : no Bops above 87 that CE was always a buy
13:17 Jitender : classic day nt to look at it
13:17 Ketan : @jitender i constantly look ., when shai gave 12180 stop the OI was at 12188 hence went long
13:17 Jitender : +1
13:17 Jitender : gd man
13:18 Ketan : thanks
13:18 Uttam : a) NF needs to sustain above 12150 for a bounce to 12165-173 / 12188-190 & 12210-220
13:18 Shai : 12200 0’s is out long ref
13:18 Shai : 0’s
13:18 Shai : buy puts below 12190
13:18 Shai : till then long
13:19 Govind : only ICICI and Kotak in red now
13:19 Uttam : now 12190 to 12165 will be a nice move
13:20 Uttam : dPOC at 12190
13:21 Jitender : 31030 was last pbl
13:21 Uttam : 31009 needs to be an ext handle but not showing on the MP charts Shai?
13:22 Chandrashekhar : 31008 ..slight orange line seen Uttam
13:22 Uttam : thats the IBH
13:22 Uttam : we did the BO late in the G so no ext handle
13:22 Uttam : but that 31008 is good ref anyways
13:23 Jitender : WA grps r silent..means lot of screwing happened
13:23 Govind : 🙂
13:23 Sanjib : 🙂
13:23 Tejpreet : 😉
13:24 Uttam : oh ho but isnt telegram groups the ones more active in trading now Jit?
13:24 Jitender : dont even look a tem..gt 2000+ mesgs pendn
13:25 Jitender : cant even think
13:25 Tejpreet : Anuj posted his picture with green shirt and green tie …message ….Always works. Green on green
13:25 Jitender : 🙂
13:26 Jitender : but last time it hadn’t
13:26 Jitender : mkts at closed at lows
13:26 Govind : One Coronovirus patient (a traveler from China) was quarantined in Russia today; hope this stuff is contained soon. No vaccines.
13:26 Shai : 🙂
13:26 Tejpreet : most of the time it doesn’t wrk Jit 🙂
13:26 Shai : what do these guys think
13:26 Shai : what goes on in their brains?
13:26 Tejpreet : do thry have brains 🙂
13:26 Jitender : tey must be gettn paid Shai…diff forms
13:27 Jitender : else y wud tey do it regularly
13:27 Jitender : wats the point of Anuj running a telegram grp
13:27 Jitender : if doesnt gain nythn
13:27 Govind : it’s like Koffee with Karan, with some business news fluff
13:27 Jitender : Karan has better integrity
13:28 Vijay : LOL
13:28 Jitender : hez open abt wat he is
13:28 Govind : THat is true
13:28 Tejpreet : Uttam whats OI at 122k pe saying
13:29 Chandrashekhar : 12200 CE OI is biggest on table..59 lac so far
13:29 Chandrashekhar : PE has 16.6 lac OI
13:30 Chandrashekhar : CE was 64 lac..has slightly come down
13:30 Tejpreet : tks
13:33 Uttam : sorry Tej getting the GDFL feed renewed so one system is down 🙁
13:34 Tejpreet : no issues ….take your time.
13:34 Uttam : DT ho gaya so did not want to risk anything more on expiry day so doing this on purpose 😉
13:35 Vishnu : +1 ug
13:35 Tejpreet : par lottery to khelenge 🙂
13:35 Boppanna : Tej 🙂
13:35 Uttam : yes from the winning MTM
13:35 Uttam : getting a special pack from them which will also have Spot Nifty & BN so waiting to set that up
13:36 Uttam : right now watch spot on different system & futs on seperate
13:39 Vishnu : any setup let us know ug pls
13:39 Uttam : 12200ce OI now at 60L?
13:39 Chandrashekhar : right Uttam
13:39 Uttam : 12100pe 57L
13:40 Uttam : 12150pe 42L
13:40 Chandrashekhar : yep
13:40 Uttam : so fight is now between these 2 12150 & 12200
13:40 Chandrashekhar : +1
13:40 Chandrashekhar : but that 12200 has builtup very huge
13:41 Chandrashekhar : almost 3 folds
13:41 Uttam : 12150pe build up is more
13:42 Uttam : 474%
13:42 Uttam : expiry day OI change need to be a wary about though
13:43 Uttam : so lets see if any of these latest writers are put under pressure for a lottery at close
13:44 Shai : 12190 still supp
13:44 Shai : below that expecting 12155
13:44 GS : i am expecting 12250
13:44 GS : hope it doesn’t break so soon
13:44 Shai : okay go abv 12200
13:44 Jitender : Shai..31900 spot poss ?
13:44 GS : got it
13:45 GS : 250 let’s go
13:45 Amit : 30900 jit?
13:45 GS : 50-50 now
13:45 Shai : flat here
13:46 Shai : 30990 is the supp
13:46 Jitender : k
13:46 GS : need that 12:10 PM booseter
13:46 GS : booster*
13:46 Shai : COtr shifted 12110- 12220 – so they have to add demkand for a move up
13:47 GS : got it
13:47 GS : thanks for sharing the reasons and requirements – it helps a lot
13:48 GS : UG and others too
13:49 GS : 199
13:49 GS : booster coming?
13:49 GS : 200
13:50 GS : 202
13:51 GS : 201 stuck
13:53 Vishnu : need 50 points move either side nf
13:53 GS : 2023
13:54 GS : not enough for upside
13:54 Sachin : vols way too low
13:54 GS : yes
13:55 GS : i was waiting for 210 first
13:58 Chandrashekhar : 23k reds at lows
13:58 Tejpreet : 23k at lows ..look the entire room shorted below 190 🙂
13:58 Ketan : @jitender still 12190 & 31020 respectively
13:59 Boppanna : lol Tej
13:59 Ketan : ha ha Tej
14:00 Jitender : wat Ketan ?
14:00 Ketan : total OI avg
14:01 Jitender : 31kpe 18-55
14:02 Jitender : didnt trade tis (13:16) Jitender : 31k pe from 385 to 20
14:02 Jitender : was commenting
14:02 Chandrashekhar : 12190 trying hard…that 23K reds stalling as well
14:03 Jitender : (13:00) Jitender : mkt at extreme(13:21) Jitender : 31030 was last pbl
14:03 Jitender : logic fr my trade
14:03 Jitender : (14:01) Jitender : 31kpe 18-55
14:04 Ketan : pbl ? jitender
14:04 Boppanna : pull back low
14:05 Ketan : ok thanks
14:16 Chandrashekhar : Shai..sellers doing a bad job here??
14:20 Shai : no flat auction
14:20 Shai : poss ofg a spike still there
14:20 Shai : 12245 aggressive tgt from here sl of 12180
14:29 Uttam : 1 hours to go so one move could come
14:29 Uttam : 12150pe at 3 & 12200ce at 2
14:30 Jitender : 31.2pe 174-195
14:30 Jitender : donefr the day…..
14:30 Uttam : profile wise filling could happen to the downside
14:30 Jitender : Tej score ?
14:30 Tejpreet : just 1.8
14:30 Ankit : 2.8 dt..done for the day too. now on sidelines
14:30 Jitender : +1
14:30 Jitender : 1.4 here
14:30 Jitender : congrats Ankit
14:31 Ankit : thanks sir jee
14:31 Tejpreet : +1 for allpositive dt.
14:31 Ankit : took some risky trades which paid off…honestly not very proud
14:31 Ankit : should play more conservatve
14:31 Tejpreet : Uttam has given a go ahead for lottery trade 🙂
14:31 Ankit : 🙂
14:35 Chandrashekhar : that 11k & 23K reds are stuck at same price ..but diff candles in NF
14:35 Sanjib : what will happen to the 34K guys at 12186? :-)))
14:36 Uttam : spike coming?
14:36 Uttam : 8 more mins for the Lto start
14:37 Uttam : 50L at 12150pe
14:37 Uttam : lets see if someone blinks
14:39 Govind : 31k ce from 39.9 to 55, out
14:42 Govind : BF did not take out the high in that move, so exited
14:45 Chandrashekhar : hopefully there will be no stuck reds here now
14:45 Boppanna : 31000pe SL below 9 lottery/donation for me
14:47 Govind : I am astaying away Bops. Done for the day. 4 out of 6.
14:47 Boppanna : last trade for me
14:50 Tejpreet : Looks like too many passengers on the short bus including me 🙂
14:51 Chandrashekhar : following the start;)
14:51 Chandrashekhar : stars*
14:52 Tejpreet : but have sl in system as could spike unless it’s a lottery.
14:52 Chandrashekhar : +1
14:56 Chandrashekhar : 3:05 move coming?
14:57 Boppanna : half out 12-21 31Kpe
14:58 Boppanna : trailed out
14:58 Tejpreet : +1
14:58 Vishnu : https://vtrender.slack.com/files/UQX4U26DT/FSP32D7PD/photo-2020-01-23-14-56-58.jpg
14:58 Vishnu : 1.5 dt
14:58 RS null : seems upspike due?
15:00 Ketan : +1 vishnu
15:01 Shai : close out if in NF longs 12202
15:01 RS null : out
15:01 Vishnu : todays profile was inside the yes profile
15:01 Govind : Bye guys, see you Fryday
15:02 Shai : o’s
15:02 Chandrashekhar : was just about to ask the same Shai…thanks
15:02 Shai : 12200
15:03 Shai : 3 point sl or avoid
15:03 RS null : avoiding
15:03 Shai : 12200 sl if in
15:03 RS null : lets see whats happen frm here
15:04 Shai : last late push
15:04 Shai : cam etoo late actually
15:06 Shai : 15 needed in spot
15:07 RS null : CE writer may b punished
15:10 Shai : 3 mins to push abv 12215
15:12 Shai : games
15:12 Shai : spot made a new high
15:13 Shai : F did not
15:13 Shai : close out
15:14 Shai : Hope everyone had a good session
15:14 Uttam : yes 🙂
15:14 Ketan : 🙂
15:15 Pramathesh : 🙂
15:15 Shai : could have done an extra move abv 12180 to 12230
15:15 Vishnu : yes shai boring good session to me
15:15 Shai : sta there last 2 hours and did not
15:15 Shai : expiry reasons
15:15 Ketan : @shai sta ?
15:15 Ketan : stalled !
15:15 Shai : Anyways, tom is another day
15:15 GS : +1
15:16 Vishnu : as per todays profile what will be tom shai
15:16 Rajiv : Shai does 12210 comes into play tomorrow
15:16 Shai : Reminder- we are speaking on extensions this evening at 08.30 pm. Login and let’s engage . 45- 60 mins
15:17 Vishnu : sure
15:17 Ketan : +1 shai
15:17 Shai : yes 12210 a factor tim
15:18 Shai : that big guy came off exact at 12209
15:19 GS : 210 was sitting in wait , 250 was not in today’s playbook
15:19 GS : may be tomorrow it will break
15:20 GS : good learnings
15:21 GS : green and reds part of the game
15:21 GS : see ya all at 8:30
15:21 Ankit : see you all tom
15:21 GS : bye all
15:24 Chandrashekhar : Thanks all Bye now
15:27 Shai : Bye all
15:27 Shai : See you guys later
15:27 Tejpreet : Bye All.
15:27 Suren : bye
15:27 Uttam : thanks All 🙂 have a lovely evening
15:27 Ketan : tc !