Order Flow charts dated 23rd Mar 2020

The key to using Order Flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The Order Flow is like a list of trades and helps to know how other traders are placed in the market.

Vtrender helps you to stay on top of the Market by understanding Order Flow. This increases your flexibility, your data analysis capability and your winning trade signals. And you make your existing systems better.

NF

30 Min Nf Fpx 14 Order Flow Charts Dated 23Rd Mar 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

30 Min Bnf Fpx 14 Order Flow Charts Dated 23Rd Mar 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 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/589986005
08:50 Ashwath : Good morning guys.
08:51 Rajan : Good morning all
08:51 Seshadri : good morning all
08:52 Vtrender Live : 5 min charts – https://join.me/899-343-739
08:53 Neeraj : Good morning guys
08:53 Chandrashekhar : GM all
08:53 Himanshu : gmall
08:55 Gopi : good morning guys!
08:55 Santhosh : gm all
08:57 Manikandan : gm all
08:58 Prakash : Good Morning Everyone!
08:59 Anil : Good Morning All
08:59 Prateeek : Good morning friends
08:59 Manoj : good morning guys
08:59 Rakesh : gm al
08:59 Abhijith : Gm all
09:00 Gourav : GM all
09:00 Shai : Gm all
09:00 Shai : We got a big gap down for the open today
09:01 Shai : ref line at 7855 F for the open
09:01 Shai : we watch for the ability to stay above or belwo 7855
09:01 Seshadri : ok
09:02 Shai : if the auction continues below and today marks a clsoe below 8200 at 3.30 pm then we open much lower levels of 7136 and 6676 on spot
09:02 Shai : stay cautious
09:02 Srinivas : never seen so many stocks down 10% in pre-market
09:02 Shai : this could be a moving auction today with big time frame players trading
09:04 Uttam : Good Morning All 🙂
09:04 Rajesh : Good Morning everyone.
09:05 Avinash : GM Everyone
09:07 Sanjib : GM everyone
09:10 Sanjib : Likely circuit down on opening today
09:11 Neeraj : FM Nirmala Sitharaman may unveil steps to tackle Covid 19 today
09:12 Jitender : starfleet…brace fr impact 🙂
09:12 Ketan : ha ha good one jit !
09:12 Ankit : aye aye
09:12 Ankit : hehe
09:13 Seshadri : panic is more that market will be shutdown which FII never like..
09:13 Uttam : bring it on Jit 🙂
09:14 Ankit : frozen
09:14 Shai : circuit
09:14 Shai : no open
09:14 Uttam : working
09:14 Ankit : nope
09:14 Ankit : worng
09:14 Ankit : how
09:14 Sanjib : NF working
09:15 Uttam : BNF got big reds
09:15 Uttam : -56k COT
09:15 Uttam : NF COT turning in plus
09:16 Uttam : lets get above 8002
09:16 Seshadri : NF +4200
09:16 Uttam : boom boom 😉
09:16 Uttam : BNF needs to get above 18850
09:17 Shai : 7850 holding
09:17 Shai : was frozen there for 2 secs
09:17 Uttam : a) Above 8002, NF can rise to 8050-76 / 8145-80 / 8226 / 8260-90 & 8340
09:18 Uttam : a) Above 18850, BNF could test 18930 / 19000-55 / 19150 / 19250-290 / 19360-430 & 19550
09:19 Shai : watch 8050 here to see if it holds
09:20 Shai : high risk long for 8172 sl of 8040
09:20 Seshadri : your short tgarget of 8050 on friday
09:20 Shai : yes systme levels reamin same
09:21 Seshadri : we made high of 8189 NF
09:23 Sameer : Bold stmt by Trump “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. AT THE END OF THE 15 DAY PERIOD, WE WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO GO!”
09:23 Uttam : BNF got huge sreds still
09:24 Shai : exit the NF longs
09:24 Sameer : I guess its between “saving people live” vs “saving economy”
09:24 Sameer : life*
09:24 Shai : go short below 8013 again
09:25 Yash null : below 7800,6800?
09:26 Shai : tgt 7850
09:28 Seshadri : ok
09:28 Lakshay : again validation pending prob in upstox
09:29 Shai : book here part 7928- (09:24) Shai : go short below 8013 again(09:26) Shai : tgt 7850
09:29 Shai : if you can’t be quick, don’t trade
09:30 Govind : 8200PE from 426 to 511
09:31 Shai : OAOR
09:31 Uttam : super Gov 🙂 congrats
09:31 Shai : larger range
09:31 Srinivas : congo Gov
09:31 Shai : 7816- 8105
09:32 Srinivas : I closed my positional shorts 8200 PE 250-430 in the morning 😉
09:32 Vijay : 7800pe 280-350 and 8000pe 360-400
09:32 Jitender : congo all
09:33 Govind : thanks guys
09:33 Vijay : thank you
09:33 Govind : and Congrats to all in green
09:33 Rajan : Congo all
09:34 Uttam : 8000pe from 411 to 429
09:34 Vijay : +1 UG
09:35 Sameer : how come Nifty down 9% but no circuit … are big hands distributing to DIP buyers retailers before doing circuit ?
09:35 Uttam : @Sameer 10% is first LC
09:35 Uttam : levels given in tab2
09:36 Uttam : fresh reds in NF?
09:36 Uttam : -60kk COT
09:36 Uttam : incrwasing
09:37 Sameer : @Uttam I mean its just 1% away from circuit level, so much panic and still its revolving arounf -9% … my point is “immediate circuit wont give chance for big hands to liquidate to Hope/DIP buyers”
09:37 Uttam : 7926 forming an IS
09:37 Uttam : BNf making new lows for the day
09:37 Uttam : has been the weaker one today
09:37 Uttam : 18031
09:37 Uttam : levle to watch in it
09:37 Uttam : else could give fresh leg down
09:38 Uttam : NF COt now -1L
09:38 Sagar : 10 points from LC ?
09:39 Saheer : LC is based on spot
09:39 Sagar : ok
09:39 Uttam : BN spot is below LC level right?
09:39 Uttam : 18285
09:39 Saheer : yes but LC for Nifty 50
09:39 Shai : book full- (09:29) Shai : book here part 7928- (09:24) Shai : go short below 8013 again(09:26) Shai : tgt 7850
09:39 Shai : 7856
09:39 Jitender : +1
09:40 Ketan : super shai
09:40 Uttam : +1 Shai
09:40 Shai : 8013 ref line
09:40 Vijay : +100 shai
09:40 Uttam : immediate ref 7910 in nf
09:40 Uttam : options are crazy
09:40 Uttam : need to trade them very safely guys
09:41 Boppanna : 350 -30 trailed out BNF
09:41 Uttam : 8000pe made higher high of just 6 points though NF fell by much more
09:42 Boppanna : +1 Uttam futures better
09:42 Rajan : acyually Uttam…options are not moving
09:42 Uttam : yes guys so please be very careful
09:42 Gopi : premium eatng
09:42 Manoj : yes was noticing that in options
09:43 Gopi : both sides
09:43 Uttam : my one account quaterly payout done so just traded in the kotak one 🙂 and just 1 trade so far
09:43 Jitender : 🙂
09:43 Vishnu : why that happens ug
09:43 Manoj : wow.. super self control
09:43 Vishnu : options not moving
09:43 Uttam : these w2w guys have some automated system
09:43 Govind : that strangle payoff was abysmal in the first fall and had to wait for the PB and the second fall, yes options are funny
09:44 Jitender : bnf 18610-17930
09:44 Uttam : oh is it Gov, I htough you would have got a decent exit at open
09:44 Uttam : super Jit
09:44 Jitender : 1 trade…tx
09:44 Boppanna : +1 Jit
09:44 Govind : Not at open UG, but only during the second fall the PE accelrated
09:44 Uttam : oh ok +1
09:44 Govind : Congo Jit
09:44 Jitender : coz tere was price freeze in it
09:45 Jitender : tx Gov
09:45 Uttam : ahhh yes
09:45 Sagar : Congo Jit
09:45 Govind : possibly, but the freaking CE was losing at the right pace 🙂
09:45 Vijay : congo Jit
09:45 Jitender : Gov 10% is price band freeze
09:45 Avinash : +1 Jit
09:45 Govind : Ok Jit
09:45 Ankit : +1 jit
09:46 Govind : NF flirting with DL
09:46 Manoj : Jitender wow..
09:46 Jitender : tx guys
09:46 Vishnu : jit +100 man
09:47 Ankit : 8000 pe 465 to 425
09:47 Srinivas : congo all
09:47 Ankit : *365
09:48 Ankit : was lookign for more
09:48 Ankit : but booked out in last 5 mins stalling
09:48 Jitender : congo Ankit
09:48 Neeraj : nifty F from 7990 – 7860 and 8000PE from 400 to 430 ….hardly any movement
09:48 Ankit : thx jit 🙂
09:48 Kiran : yes options are not showing movement
09:48 Jitender : u r near expiry also Neeraj
09:48 Kiran : comparatively
09:49 Jitender : theta
09:49 Neeraj : yea
09:49 Jitender : n vix has actually fallen
09:49 KK : 17K in BNF ?
09:49 Jitender : did u guys notice
09:49 Vijay : yes
09:49 Uttam : VIx up 75 na Jit?
09:49 Uttam : 7%
09:49 Uttam : down is it?
09:50 Govind : no, vix is up
09:50 Jitender : k
09:51 Kalpesh : as friday there was no selling, today there is no buying happening so far
09:52 Sameer : how the hell there is no circuit and Nifty revolving just around 1% above circuit level with so much panic .
09:52 Vijay : Big boys playing games
09:53 Chandrashekhar : BN spot now -11.75%..whats the LC in that?
09:53 Shai : back again at 7850
09:53 Shai : 09:01 Shai : ref line at 7855 F for the open
09:53 Rajesh : can we buy with sl 7855
09:54 Sameer : is it bif boys taking time to distribute stocks … look at HDFC bank and Kotak bank … since morning they have moved from -6% to -9%
09:54 Shai : why will you buy when OF is red?
09:55 Avinash : Circuit changed to 7414
09:55 Ankit : is it a good idea buying aput so close to LC?
09:55 Prateeek : avinash source
09:55 Avinash : Terminal
09:55 Ankit : @shai @jit?
09:55 Shai : go short below 7813 now
09:56 Shai : sl of 7913
09:56 Rajesh : oh sorry
09:56 Shai : tgt 7530
09:56 Ketan : guys ! circuit levels have been changed to 15 % ! almost 10 mins back !
09:56 Milind : Trading stopped
09:56 Shai : yes
09:56 Milind : Circuit Filter
09:56 Jitender : sensex hits LC
09:56 Rakesh : sensex circuit
09:57 Govind : what a morning
09:57 Uttam : no BankNifty does not have a filter
09:57 Uttam : its only Nifty & Sensex
09:57 Ankit : wth
09:57 Uttam : one of the 2 hits 10% LC actiates
09:57 Jitender : yes
09:57 Uttam : not changed to 15% that LC
09:57 Ankit : damn it
09:57 Uttam : circuit rules are fixed
09:58 Yash : Guys, am having 7800pes
09:58 Ankit : i saw the revised mssgs and entered a position
09:58 Uttam : they cannot be revised like this Ankit midway of trading
09:58 Kiran : did we hit circuit?
09:58 Rajiv : market halted
09:58 Vishnu : lc done?
09:58 Uttam : Sensex hit 10%
09:58 Ankit : thats why i was staying away UG
09:58 Himanshu : yes mkt halted it seems
09:58 Ketan : futures were opened for fall greater than 10 % .!
09:59 Ankit : didnt want to get trapped in the freeze
09:59 Kiran : zerodha has sent out notification
09:59 Uttam : ciruit only for spot
09:59 Himanshu : 45 mts halt
09:59 Uttam : this zerodha wants all clients capital to turn to 0
09:59 Vishnu : all orders are gone
09:59 Uttam : yes 45mins + 15min pre open
10:00 Govind : Kite worked ok for me guys
10:00 Uttam : nice warm up this to get used to how LC works in live markets ;-p
10:00 Govind : did 2 ttrades other than the overnight
10:00 Yash : Shai, what’s your view? What could be today’s range?
10:00 Sameer : is Nifty is circuit or NSE halted for circuit in Sensex ?
10:00 Kalpesh : looking at the way lc done, it looks market will not rebound the way it diid when it hit lc last ime
10:01 Govind : Senxex
10:01 Uttam : @Sameer either of Nifty or Sense hits LC trading gets stopped
10:01 Uttam : Nifty low was 7892
10:01 Uttam : LC was at 7870
10:02 Sameer : OK
10:02 Shai : 60 mins is the 1st freeze
10:02 Shai : https://app.slack.com/client/T0F2YRXQT/C0F327PUZ
10:02 Sameer : Value investors ka pyara defensive ITC also down 10%
10:02 Govind : I thought the Fin Task Force was coming out with something this weekend
10:03 Shai : take a walk, breathe some fresh air and come
10:03 Uttam : 🙂 +1 Shai
10:03 Vishnu : yes
10:03 Shai : we may bounce if post freeze we are up abv 7850
10:03 Shai : maintain 7513 as tgt if we are below
10:03 Shai : keep watching 7850\
10:03 Uttam : great +1 thanks Shai
10:04 Kiran : i have a put… and i think it will get stuck now after the open
10:04 Shai : yes
10:04 Sanjib : i have 8k put
10:04 Shai : these can go either way
10:04 Sameer : I had bought 19000PE on friday at 720 ,,, still holding … just 150% notional gain with 12% down in BNF …optionsis such bad thing at high IV
10:04 Sameer : one lot only 🙂
10:04 Shai : All open orders get cancleed btw
10:05 Uttam : yep
10:07 Sameer : Reliance HDFC bank Kotak bank ITC etc going down 10% … How cycle works ? Do such stocks go down at market bottom OR such fall indicate bottom far away ?
10:08 Shai : banking gets hiot the worst
10:08 Shai : but is also the first to boucne off
10:08 Shai : Freeze rules- 1st FreezeBefore 1 pm it is 60 mins, between 1 and 2.30 it is 30 mins and no freeze beyond 2.30 if markets drops 10%2nd FreezeNow after a restart if it falls another 5% then 120 min break before 1 pm and between 1 and 2 it is 60 mins for second start. (1/2)
10:08 Manoj : whats the probability of RBI announcing a rate cut ?
10:09 Himanshu : 10%
10:09 Prateeek : lol
10:09 Himanshu : i mean why they will announce rate cut as it will not help
10:09 Swapnil : Shai – had a minor quantity of PUTS for portfolio protection. Any guidance on how to handle them on such days. Do we keep carrying them or book in times of such downturns?
10:09 Himanshu : they will need to pump liquidity for next 6 months
10:10 Himanshu : what is expected fronm RBI is priniting
10:10 Himanshu : and supplying to banks or buy back bonds from bank and
10:11 Himanshu : keep their liquidity – as next trigger is redumption from MF
10:11 Himanshu : as chief said money which came at 9000 will not keep watching nifty at 6800 for long
10:11 Govind : 19th low was 7816.45, just saying
10:12 Himanshu : but BNF much below that I guess
10:12 Sameer : Whats exactely probelm with India ? US futures not in lower circuit or Europe futures down just 3-4% …. Europe/US covid problem such big … in india its very small and we are doing lockdown much earlier … whats problem with India then that its deeply underperforming US/EU ?
10:14 Himanshu : Gov- UG – Next support for BNF spot on mthly is 13475
10:14 Neeraj : market expecting significant increase in covide cases in next 10 days…..we are in that stage where covid skyrocketed in italy
10:14 Govind : Ok Himanshu, thanks
10:15 Govind : just trading NF these days, more manageable for me
10:15 Himanshu : thats Feb 2016
10:15 Himanshu : oh yea- IT /phrma can slow grinding down a bit
10:16 Himanshu : icicib broke 300 = 293
10:17 Neeraj : Guys, one ques, how relevant is 84k buyer at 7840 at this stage??
10:17 Himanshu : NPA discolure days where asub 280 – no wwill doscint for fresh NPAs
10:17 Vishnu : ug ib which can calculate
10:17 Vishnu : ib range
10:18 Kalpesh : i feel GOVERNMENT should NOTIFY EXTENTION OF FINANCIAL YEAR BY TWO MONTHS
10:18 Shai : yes hold – don’t mix portfolio with trading please- (10:09) Swapnil : Shai – had a minor quantity of PUTS for portfolio protection. Any guidance on how to handle them on such days. Do we keep carrying them or book in times of such downturns?
10:25 Govind : guys, there is a pre-open post the 45 min timeout right?
10:25 Jitender : ys
10:25 Seshadri : 45 min cooling off +15min premarket.. we open at 10.57
10:26 Govind : thanks
10:27 Govind : that grand ayatollah says this virus is a US conspiracy that was designed to target Iranian DNA
10:28 Himanshu : Morons can be ignored, specially arab world
10:28 Govind : may be he does not know that every race is affected
10:28 Himanshu : they would be seeling crude at transportatin cost very soon
10:29 Himanshu : no I said in reference of Arab – producers
10:29 Jitender : k
10:29 Himanshu : Iran- i dint mind india keeps same rte
10:30 Himanshu : and installs 3 Lakh – ventilators
10:31 Himanshu : infact its time to embrace – Solar, E- vehicles by full swing and we will be winner
10:32 Yash : sgx 7650,
10:32 Himanshu : times like this has Re- setting capacity
10:33 Yash : sorry my mistake, that’s something else, carry forward nifty futures on Investing
10:35 Himanshu : see the visual of Mulund Toll Naka Jam tday morning
10:37 Shai : ignore sgx
10:37 Shai : we will have a 15 min pre open
10:38 Shai : And LIC must have come by now . It’s gonna be 11 am
10:38 Shai : 🙂
10:38 Sagar : 10:58 right ?
10:39 Sameer : @Himanshu … I guess people might be moving to villages
10:39 Sameer : My cousin was planning to move from Mumbai to Konkan in car with his family
10:40 Rajesh : how IB will be calculated now
10:40 Himanshu : Sammer in pvt cars
10:40 Himanshu : from Mumbai
10:40 Himanshu : even Gautam Vihar traffic in Delhi
10:41 Himanshu : and most of them are cars
10:41 Sameer : yes … in his own car … I guess there are many who go to village by car … many people in Konkan in Thane area and Konkan just 300km from Mumbai
10:42 Himanshu : ok some – but they are expsoing tehm more.. since trains are haulted may be
10:42 Uttam : pre-open beging
10:42 Uttam : begins*
10:43 Sameer : @Himanshu .. yes Office people couls also be ther
10:44 Uttam : will take range till now as IB @Rajesh
10:44 Sameer : S&P futures close to circuit again in last 15 minutes
10:45 Anil : Pre Open Started Again
10:48 Uttam : no preopen for BN? only for Nifty & Sensex
10:49 KK : are they planning to give breaks to EMIs and increase working capital limits..why is BNF weaker ?
10:49 Vishnu : preopen when
10:49 Shai : 1056
10:49 Govind : too much happening, I need a drink 🙂
10:49 Vishnu : thansk shai
10:49 Uttam : lol Gov
10:50 Uttam : marmet reopens at 10:56
10:50 Uttam : market*
10:50 Uttam : preopen done
10:50 Himanshu : no issie marmet will do
10:50 Yash null : spx ckt?
10:51 Govind : about to
10:51 Himanshu : spelling mistakes is sign of VIX
10:51 Srinivas : 2174 5%
10:51 Srinivas : 3 more pts
10:51 Govind : Himmy, your spelling is always like this, even in low vix 🙂
10:51 Himanshu : haha
10:52 Kiran : almost all major scrips have huge orders on buy side
10:52 Himanshu : dont u know i m agujju
10:52 Yash null : sgx did shai’s tgt almost
10:52 Himanshu : this is my best
10:52 Kiran : lic coming in action
10:52 Himanshu : if LIC will waste money again – i will stopy paying premium
10:53 Himanshu : Logically – if this is bigegr crissi then 2008
10:53 Himanshu : then atlest we shll hit 2010 levels
10:54 Vishnu : lic when coming ?
10:55 Himanshu : orders in spot are skwed – Ongc hs huge sell orders
10:55 Himanshu : while ICICI b and hfdc bk has buy orders
10:56 Uttam : 7701 low in NF
10:56 Uttam : crazy
10:56 Govind : wow, crazy volatile
10:56 Shai : spread is 40 points
10:56 Vishnu : 7575 shown ug
10:57 Govind : NF acting like BNF 🙂
10:57 Sameer : and BNF acting like DHFL
10:57 Uttam : another LC ocming looks like
10:58 Govind : hd entered 8000PE at 425 and just exited @ 500
10:58 Shai : clean short below 7850 now
10:58 Uttam : 25428 level in Sensex for next LC
10:59 Avinash : Shai Target
10:59 Shai : 7530
11:00 Avinash : Thank You Shai
11:00 Rajesh : sl
11:01 Uttam : COt in plus
11:01 Govind : NF spread is still around 5 bucks, be careful guys
11:01 Himanshu : spot is recovering fast
11:02 Govind : I am all out, no positions for now
11:02 Himanshu : so till fuel in spot is there F might follow Spot
11:02 Abhijith : shai sl for short ??
11:03 Shai : 7914
11:03 Abhishek Lalwani : need to short near 7914
11:03 Govind : 7850 is tough to climb looks like
11:03 Shai : wild it is
11:03 Shai : reduce size
11:04 Govind : totally wild
11:04 Govind : 8000 monthly PE around 880, damn
11:05 Uttam : 7800 better Gov at 40
11:05 Uttam : 340*
11:05 Govind : and the 8000CE is @ 735
11:05 Uttam : crazy
11:05 Govind : NO bro, just looking at monthly
11:05 Vishnu : any combo ug can suugest?
11:05 Govind : I hear you though
11:06 Govind : Vishnu, monthly combo would’ve lost some 150 points today
11:06 Govind : long combo
11:06 Shai : 7713 we take half out same sl of 7914
11:06 Vishnu : yes
11:07 Shai : prem play \
11:07 Shai : 100 to 50
11:09 Uttam : 7800pe from 375 to 393
11:09 Shai : 7770 book half
11:09 Shai : sl to 7855 on res
11:10 Vishnu : booked 1.3 dt from overnight put all out
11:10 Govind : spread much better now
11:11 Uttam : 7800ce&pe both at 385
11:11 Govind : battle eh?
11:11 Shai : keep watching COT guys
11:12 Uttam : yes Shai
11:12 Shai : little dicey since 2nd open
11:12 Vijay : +1
11:12 Govind : 0s on either side in the 1st 5 min bar there too
11:12 Shai : yeah that bar is messed
11:13 Shai : that was a 40 point spread bar
11:13 Shai : And has trapped people\
11:13 Jitender : 17270 ix next LC in bnf
11:13 Govind : true
11:13 Vijay : BNF in premium
11:14 Saheer : LC is only based on Nifty Sopt right?
11:14 Uttam : yes Saheer
11:14 Uttam : Nifty & Sensex
11:14 Uttam : anyone
11:14 Uttam : Nf looking to get into the downside 0s?
11:14 Uttam : 7575 freak low in it
11:16 Shai : Buy 7600 pe abv 329 sl of 297 tgt 380
11:16 Sameer : @Uttam what level can be expected in BNF ..holding one PE lot since Friday
11:16 Shai : 7850 still sl for new shorts
11:17 Uttam : BNF needs to stay belw 17375 for more downside
11:17 Jitender : (11:13) Jitender : 17270 ix next LC in bnf
11:17 Shai : is in NF
11:17 Uttam : no LC in BNF Jit
11:17 Shai : IS
11:17 Uttam : yes -71k COT
11:17 Jitender : k
11:18 Uttam : BNF was down more than 10% in the mornign but trading did not stop
11:18 Uttam : only when sensex hit 10% we got LC
11:18 Jitender : k
11:18 Uttam : 25428 next LS in Sensex
11:19 Uttam : 7433 in Nifty
11:19 Uttam : @Sameer – eg down to 17248 / 17159 / 16999*-950 / 16894*-860* / 16740 & 16524-488
11:19 Uttam : h) Break of 17375 could bring a fresh leg down to 17248 / 17159 / 16999*-950 / 16894*-860* / 16740 & 16524-488
11:20 Sameer : any idea why its so bad in India only … so indian financial system/economy was fragile compared to other asian countries and corona virus just exposed it ?
11:20 Govind : Need some gelusil to trade in this market
11:20 Uttam : IS in BNF too at 17500
11:20 Uttam : 7685 level in NF on watch
11:21 Govind : Sameer, US falls then we fall with it, tied to their hip we are
11:21 Shai : 7690
11:21 Shai : once clean level of 7850
11:21 Shai : And 2 clean trades
11:22 Vijay : 7800pe 400-440
11:22 Govind : Uttam, 7800pe (like u said) from 379 to 435
11:22 Uttam : congo Gov 🙂
11:22 Govind : thanks bud
11:22 Uttam : 7686 low – (11:20) Uttam : 7685 level in NF on watch
11:22 Prateeek : nifty 7850 to 7825. 1st trade done
11:22 Prateeek : 7725*
11:22 Uttam : 7725 you mean Prateek?
11:22 Uttam : +100
11:23 Prateeek : yes ug. haha
11:23 Govind : +1 on your levels Uttam
11:23 Uttam : Nifty at 7777
11:23 Avinash : Shai +1
11:23 Prateeek : thanks ug / shai
11:23 Uttam : cheers Gov
11:23 Govind : so, are you thinking of 6969 as well…..
11:23 Avinash : Prateek +1
11:23 Uttam : have levels worked out only till 7046 Gov 🙂
11:24 Govind : Ok man, jk 🙂
11:24 Uttam : 6969 will be Jit special 😉
11:24 Govind : haha
11:24 Prateeek : hahaha
11:24 Jitender : 🙂
11:24 Amit N : LOL
11:24 Himanshu : chalo Vwap
11:24 Uttam : 7760 new ref in NF Shai?
11:24 Uttam : that IS?
11:25 Jitender : kite orders going thru..upstox is validating too much
11:25 Jitender : order keeps hanging
11:25 Uttam : Kotak mobile one also a bit slow today
11:25 Govind : If not for the draconian STT/Stamp duty on futures, it would be great to trade them instead of options
11:25 Jitender : asking ? (11:25) Jitender : kite orders going thru..upstox is validating too much
11:25 Lakshay : yes vlaidating taking a lot of time
11:25 Govind : Yes Jit, Kite is fine
11:25 Lakshay : in upstox
11:25 Jitender : k Gov
11:25 Govind : have done 6 trades today, no issues
11:26 Ketan : yes jit ! suprisingly Kite is working well today !
11:26 Jitender : cool
11:26 Uttam : fresh reds in NF?
11:26 Sanjib : 7722 new IS?
11:26 Jitender : just 3 trades ib both accounts so far
11:26 Jitender : in
11:26 Uttam : 16k red stuck at lows for now Sanjib
11:26 Jitender : 1 PB in positional n 2 in ID acc
11:26 Uttam : lets see how this bar closes
11:27 Uttam : 2 imini trades for me so far & seems done unless I see any strong signal
11:28 Govind : Same here
11:28 Uttam : good fight here at 7685
11:29 Yash null : 7900 was good sell
11:30 Yash null : buy only above 7900, right???
11:30 Yash null : till then sell if we raise
11:30 Uttam : no buiying business here Yash
11:30 Yash null : right?
11:30 Uttam : COT is red
11:30 Shai : below 7648 more shorts should come
11:30 Yash null : yeah that’s the thing, Bulati he par Jane ka nai
11:30 Shai : @Yash please go through the videos again
11:31 Yash null : yes chief
11:31 Shai : we do not buy below val and vwap
11:31 Ankit : shai could you please adjust the 5 mins chart
11:31 Ankit : even on join me
11:31 Ankit : 🙂
11:31 Uttam : sellers stay below both so we need to keep checking if they are doing a good job
11:32 Ankit : thanks
11:33 Vishnu : chief any reentry possibke or wait for pbh?
11:34 Ketan : FYI ., volumes are drastically lower in both nf and bnf ., than what we had on 13 march circuit friday .,
11:36 Govind : ES has bounced almost 2% from LC
11:37 Neeraj : COT positive
11:38 Sameer : @Govind EU was not at all in panic since morning … something special in indian stock market
11:39 Himanshu : india awiated for stage 3
11:39 Himanshu : factrory shutdowns getting announced now so one more leg
11:39 Govind : all that talk about markets being closed, ban in short selling etc could have accentuated the issue
11:39 Neeraj : buyers at 7750
11:39 Vijay : i feel market is premting that we will have huge surge in cases
11:40 Himanshu : 7760 supply was last fresh supply – UG ?
11:42 Govind : 7850 again
11:42 Uttam : 1L COT as NF at VWAP
11:42 Vishnu : pb done near vwap \
11:42 Neeraj : nearing VWAP
11:42 Govind : yep
11:42 Uttam : 7795 IB in forming
11:42 Vishnu : any break ug ?
11:42 Vishnu : lets wait for -minus cot
11:42 Govind : every software I have is stalling, tick data is too fast
11:43 Uttam : supply coming at VWAP>
11:43 Uttam : ?
11:43 Uttam : COT down to 70l
11:43 Uttam : 70k
11:44 Vishnu : ug ibr 368.95?
11:44 Sameer : is COT specifice to current five miniute cadle or its cumulative figure of all past 5 minute candles ?
11:44 Uttam : current bar
11:45 Uttam : 7725 was the first IB in NF
11:46 Shai : yes 7719 has to breakj
11:46 Shai : that was a 200 pointer in 10 mins in NF
11:46 Shai : don’t move away from screen with a position on
11:48 Govind : Aditya Puri says Raghu, Ketu and Shani doing this and we will be ok come May 2020
11:48 Vishnu : who that man
11:48 Sanjib : The Buyer at 7725 seems to be doing a good job so far
11:48 Govind : HDFCB head
11:48 Vishnu : ok
11:49 Shai : exit from shorts
11:49 Shai : we stay neutral
11:49 Seshadri : ok
11:49 Vishnu : +100 shai
11:49 Shai : 7719 and 7648 need to break now
11:49 Sanjib : +1 Shai
11:49 Seshadri : any possibitly of hitting 8000 on upside
11:49 Shai : short cover from 7718
11:50 Shai : look at 7930 if 7850 is crossed
11:50 Shai : stay fluid
11:50 Shai : don’t be a prisoner
11:50 Sanjib : ok
11:50 Shai : trade by rules
11:50 Seshadri : ok
11:50 Seshadri : yes chief
11:50 Rajan : +1 Shai
11:50 Santhosh : OK
11:50 Avinash : k
11:55 Seshadri : whats does ink box indicate
11:55 Seshadri : in 5min orderflow
11:55 Seshadri : pink
11:55 Govind : seller imbalance
11:55 Seshadri : ok
11:55 Seshadri : and yellow line in 5mion
11:56 Uttam : VAL
11:57 Seshadri : ok
11:57 Shai : 7720 barely holding
11:58 Shai : will ehter new short below 7715 for 7640 again sl of 7770
11:58 Shai : RS needs an IS
12:00 Abhijith : shai IB turn in IS if breaks that IB ?? can v sar at that point ??
12:00 Shai : still this- (11:49) Shai : 7719 and 7648 need to break now
12:01 Neeraj : no IS at 7720-40
12:01 Shai : IB met with an RS no?
12:01 Shai : see RS in 11.50 bar
12:02 Rajan : 7795 level..right Shai??
12:02 Shai : yes
12:02 Abhijith : rs that pink dot ??
12:03 Shai : back in 7600 pe
12:03 Uttam : 7800pe from 411 to 429
12:03 Shai : tgt 428 sl 270
12:04 Srinivas : congo @UG
12:04 Jitender : congo uttam
12:05 Uttam : thanks Srinivas & Jit 🙂
12:05 Sanjib : Great Uttam
12:05 Shai : No . 1150 candle is RS- (12:02) Abhijith : rs that pink dot ??
12:05 Shai : refer to trhe rules in the TL
12:06 Govind : UG congo man
12:06 Uttam : thanks Sanjib & Gov +1
12:12 Shai : 7755 TSL now- (11:58) Shai : will ehter new short below 7715 for 7640 again sl of 7770
12:14 Shai : IS
12:14 Shai : finally
12:14 Govind : +1 Shai
12:15 Shai : 7680 book half
12:16 Shai : ref zone moves 100 points lower from 7850 to 7760 now
12:17 Ankit : what price is the next circuit UG?
12:18 Lakshay : 7434
12:18 Prateeek : 7433.60 and 6996.40
12:18 Ankit : thanks
12:18 Shai : 7434 look diff
12:19 Ankit : yes shai
12:19 Ankit : sellers arent charging
12:19 Govind : they are having martini lunch Ankit
12:20 Govind : got their DT already 🙂
12:20 Ankit : hehe true that
12:20 Saheer : will see VWAP ?
12:20 Vishnu : pb time comiing?
12:23 Sameer : anybody seen Puri’s comment on rahu, ketu … was that serious or sarcasim ?
12:28 Neeraj : Nifty futures premium now
12:31 Manoj : Tisco , LT both down ~14.75%…
12:31 Neeraj : Shai, markets not falling from here despite negative COT. Can we say this as short covering??
12:32 Lakshay : 60900 seller 12:15 trapped
12:32 Shai : given levels of 7640 earlier
12:33 Shai : has to break that for more
12:33 Uttam : another 50k red at 7700 also
12:33 Shai : for now shorts out again on another IB
12:33 Shai : we wait
12:33 Neeraj : ok, thanks
12:33 Sameer : DAX futures just -0.7% … though not sure how much imp it for India in mkt like today
12:33 Shai : still in that 5 min candle post restart
12:33 Ankit : will wait till 7820 for some conclusiveness
12:33 Ankit : imo
12:34 Ankit : 7850 rather
12:34 Sanjib : yes, DPOC is at 7854
12:34 Avinash : That candle has a 415 pt range
12:34 Abhishek Lalwani : @sameer dax dn 500 pts
12:35 Shai : may go to 7850
12:36 Sameer : DAX opens at 1:30pm IST
12:39 Abhishek Lalwani : but fut ltp shows 8494
12:42 Yash null : dad almost at 2007 top,
12:42 Yash null : dax*
12:42 Sameer : investing.com DAX futures 8,532.8 -50.7 -0.59%
12:43 Himanshu : UG, Gov and Jit – congo for all greens today
12:43 Sameer : anyway not sure if DAX SnP are relevant today for NF, BNF
12:43 Yash null : dow s&p everything having lil bounce from lows
12:43 Abhishek Lalwani : friday dax closing was 8928 fut now 8521
12:44 Sameer : OK
12:44 Prateeek : us the congress has to decide on fiscal stimuls – buying corporate bond to induce liquidity in that market. anticipation of that may give bounce. rest we are stuck.
12:47 Uttam : 7800 new IB
12:47 Uttam : forming as vap test coming again
12:47 Uttam : poc of 5mins shifts to 7830
12:48 Shai : 7840- (12:35) Shai : may go to 7850
12:48 Shai : fast changing market
12:48 Sanjib : RS here?
12:48 Shai : No
12:48 Shai : RS is a low volume move
12:48 Sanjib : OK. Thanks
12:49 Shai : check the vol of the bar
12:49 Shai : it;s highest of 5
12:49 Shai : last 5]
12:49 Sanjib : Yes….understood
12:49 Shai : +1
12:50 Sanjib : I have done my DT. Unless a very strong move comes, I am stepping aside
12:50 Srinivas : nice.. congo Sanjib
12:50 Sanjib : Just watching and understanding
12:51 Sanjib : Tx Srini
12:51 Manoj : Sanjib awesome
12:51 Sanjib : _/\_
12:51 Himanshu : bnf no supporting
12:52 Uttam : BNF getting rejected second time from IBL
12:52 Uttam : 17710
12:53 Vishnu : ibl and vwap near to near in nifty ug
12:54 Sanjib : DPOC shifted lower in NF
13:01 Sameer : Remember Madhu kela singing on TV in March 2009 “Kis kis se pyar karu” becauze so many good stocks avaible at throw away valuations …. currentely quality stocks still trading at expensive valluation even after 35% fall in Nifty .
13:03 Abhishek Lalwani : suddenly cot dn 56k
13:04 Abhishek Lalwani : charts lagging a bit even after refresh
13:06 Shai : There is a 2 sec delay cos of the faster tick rate
13:07 Abhishek Lalwani : ok np
13:08 Shai : : 7658- 7850 broad zone
13:08 Shai : Auction rotating there
13:08 Sameer : titan pe: 53, asian paint PE: 62, DMART PE: 101, 3m india PE: 64 … even after 35% fall in Nifty … so much for quality
13:09 Shai : is staying below vwap and IB extension
13:09 Shai : so we are short biased still
13:09 Shai : hope no one is thinking longs
13:09 Shai : or going contra
13:09 Abhishek Lalwani : i wnet burnt30 pts
13:09 Sameer : remove CE from your watchlist 🙂
13:10 Shai : well, there is punishment always for breaking clear rules
13:11 Saheer : penalty
13:11 Shai : COt is back in red from vwap
13:12 Abhishek Lalwani : @shai always sir
13:14 Shai : 7755 sl again looking for 7666 cmp 7718
13:20 Govind : Dax F down 4.5% ahead of cash open
13:20 Shai : exit for now at cost
13:20 Shai : looks like may spike
13:31 Vishnu : look for negative cot near vwap or in an spike
13:31 Uttam : BNF new lows
13:35 Sameer : delivery volume in ;large cap will be interesting to be seen todat
13:38 Rajesh : mkt balanced for longtime, will comeout
13:38 Rajesh : ?
13:38 Shai : yes
13:38 Ankit : usi ke intezaar mein ghaat lagaye baithe hain rajesh ji
13:38 Ankit : :p
13:38 Rajesh : yes
13:39 Ankit : +1
13:40 Shai : you guys have been all spolit now, corrupted ny the virus 🙂 . 200 point churn in NF is called balancing these days !!
13:40 Ankit : hahaha
13:40 Srividhya : 🙂
13:40 Ankit : true that:P
13:40 MJ : Chief 🙂
13:41 Rajesh : haha
13:41 Vishnu : chart gone?
13:41 MJ : Days when 200 pt used to be weekly moves
13:41 Srinivas : working for me
13:41 MJ : and now this is cakewalk.
13:41 Shai : (11:16) Shai : 7850 still sl for new shorts(11:30) Shai : below 7648 more shorts should come
13:42 Shai : view is the same from 11.15
13:42 Shai : levels have stayed
13:43 Shai : we can get a spike down to 7442 if 7648 is brokem
13:43 Shai : 200 there
13:50 Uttam : small IS at 7720
13:51 Uttam : BNF 15% down
13:51 Uttam : Spot
13:51 Abhijith : UTTAM volum cot not supporting for that IS
13:52 Uttam : why Abhijit?
13:52 Abhijith : 25K COT thats y i ask
13:53 Uttam : new IS being formed at 7700
13:53 Abhishek Lalwani : will get follow thru
13:55 Yash : new dump coming?
13:56 Uttam : BNF leading this fall
13:56 Shai : IS
13:57 Uttam : 7680
13:58 Sameer : Still not understading whats wrong with India only 🙂 …. Is financial system in india this much broken and fraud
13:58 Shai : Go short below 7640
13:59 Shai : sl will be 7733 for 7440
14:01 Vishnu : shai 7648 caame down up
14:02 Abhijith : shai shorted below 7646 sl for this
14:03 Uttam : (13:58) Shai : Go short below 7640(13:59) Shai : sl will be 7733 for 7440
14:05 Shai : yes . pay attention to levels – (14:01) Vishnu : shai 7648 caame down up
14:06 Yash null : having 7800pe at 453 for 503
14:06 Shai : has to berak now
14:07 Amit N : Axis bank @300
14:07 Amit N : ind ind also at 300
14:08 Yash null : COT blue from RED, pls some one get it back to RED
14:08 Suresh : working on it 😛
14:09 Yash null : ek dhaka aur do……7600 tod do….
14:09 Shai : tighten sl to 7674
14:09 Shai : need better cot
14:10 Govind : 7600PE from 340 to 378, tough to sit on this trade…very slow move relatively speaking
14:11 Ankit : yes very slow
14:11 Ankit : +1 govind
14:11 Ankit : 2:15 candle might do the thing
14:11 Ankit : lets see
14:11 Govind : Like Shai just said, need more red COT
14:11 Ankit : ye
14:12 Ankit : yea
14:12 Shai : yes 3 hours balance
14:12 Shai : 7674 sl
14:12 Govind : DPOC sitting right @ VAL
14:12 Govind : @7719
14:14 Govind : 7630 that 19k green
14:14 Govind : stalling this?
14:14 Vishnu : 7700 pe 360-410 .2 dt done
14:14 Govind : Congo Vishnu
14:14 Srinivas : Nifty OI has reduced in the last 1 hr
14:15 Srividhya : sl hit 🙁
14:15 Vishnu : any chart issue am not getting
14:16 Govind : Charts are fine
14:19 Abhijith : shai 7440 still open ??
14:20 Shai : it’s now a deeper play as imm move did not come
14:20 Shai : sl is 7720 if in
14:20 Shai : but i’m out for now
14:20 Govind : me2
14:20 Himanshu : me2
14:20 Himanshu : my sl was taken
14:20 Sachin : after the LC, we have been spending whole day on effectively 2% range with nifty hovering around 79 so it’s effective around 160 odd points and with no breakdown on down, it keeps giving whipsaws
14:20 Govind : tv guys talking about some govt intervention
14:20 Yash null : me2
14:21 Govind : so, markets may be stalling for that
14:21 Abhijith : volume low cot not supporting for down fall ??
14:21 Yash null : now will wait for 6 figure COT!
14:22 Yash null : as I already need to learn not to be in trade all the time!
14:22 Sachin : also, the new hedging rule means big guys can only short equivalent of what they have in cash and with a max limit of 500 crores. Hope i got this right.
14:22 Yash null : my observation, if I can wait, I can catch big moves but has to keep myself in control for that.
14:22 Lakshay : is bnf reversing from 16860?
14:23 Abhishek Lalwani : they have to pay extra margin after that and wen u get money at 0% int why wldnt u short more
14:23 Sachin : finally some move
14:23 Lakshay : no
14:24 Shai : Nf is stilla short
14:24 Shai : no longs please
14:24 Shai : can stay out but don’t long
14:24 Sachin : yes sir ji
14:25 Vishnu : chart ?
14:25 Srividhya : not breaking 7620
14:26 Saheer : chart is fine for me Vishnu
14:26 Saheer : please reload
14:26 Vishnu : i dont know why for me its not
14:28 Shai : log off and re login
14:30 Srividhya : again sl hit for the 2nd time … not my day – i will just step off and watch
14:33 Shai : just ticked up to that 7720 and came off
14:33 Shai : dpoc is there
14:33 Srividhya : yes
14:35 Shai : NF waiting on news
14:35 Shai : hence sellers quiet
14:35 Govind : Yes Shai
14:35 Shai : we stay out for now
14:35 Srinivas : +1
14:35 Ankit : dull day
14:35 Srividhya : +1
14:35 Santhosh : +1
14:35 Ankit : ofcourse the second half
14:36 Yash null : no ckt limits now onwards right?
14:36 Abhijith : sellers not agressive buyers not doing gud job
14:37 Abhijith : shai close below 8200 can v see 7136..6676 in comind days ??
14:37 Shai : yes
14:37 Abhijith : *coming
14:38 Abhishek Lalwani : @yash if mkts hit 15% anyday after 2 pm thats it for the day
14:41 Abhijith : shai low volume after 1pm day volume also low compare to last weeks daily volume .. any changes
14:43 Uttam : 2:30 doen so no circuit now
14:45 Shai : No change in view below 8200\
14:45 Shai : we are on for 7130 minus
14:46 Shai : View was the same from open
14:46 Uttam : can spike lower into the close Shai?
14:46 Shai : sometimes cos of the volatility 40 and 70 point sl does not work and pushes us out
14:46 Shai : but this is a market which is short and will remain short
14:47 Shai : you guys saw the selling near 8800 on friday
14:47 Vishnu : did it diff pc not getting
14:47 Shai : that COt was -3L plus
14:47 Vishnu : also my chat also going slowly
14:48 Shai : does not have cot for a spike lower
14:48 Shai : -20 to +20 is nothing for this market
14:48 Uttam : hmm so fresh reds needed?
14:48 Shai : tells us it is just meandering around
14:48 Uttam : thanks Shai +1
14:50 Ankit : OA after 1:30 is bad
14:52 Anil : Tough to trade in this market
14:54 Shai : gap down + freeze means sellers are done
14:54 Shai : c’mon how much selling can happen ina day
14:54 Shai : Allow them some rest
14:54 Shai : we wait and work with them tom
14:55 Rajesh : heard there is Press conf by PM tday
14:55 Shai : phir bhi. it is such a weak market it is still falling
14:55 Anil : indeed
14:55 Abhijith : shai can carry pe
14:56 Shai : not today
14:56 Shai : book if we close at lows
14:56 Shai : no overnighst
14:56 Abhijith : ok
14:57 Govind : all my screens are freezing up, damn
14:57 Govind : we came 13 points to that 7575
14:58 Govind : a 1LC red cot there would’ve done it
14:58 Uttam : 55+
14:58 Uttam : mostly locals who are trying to shirt?
14:58 Govind : yes, from that 7587
14:59 Govind : looks like Uttam, selling not strong enough
14:59 Uttam : 3:05 move coming?
15:01 Govind : new lows
15:01 Govind : but + COT
15:01 Govind : 16k green
15:02 Govind : I am done guys, did a small 16 point scalp in the 7600PE…done for the day
15:03 Chandrashekhar : Thanks all, Bye now…
15:03 Sameer : DL
15:03 Sameer : DL\
15:03 Govind : full disclosure, I did get stopped out a few times around EU open. But, I stuck to SLs 🙂
15:04 Ankit : +1 govind
15:04 Manoj : Govind. +1
15:04 Ankit : after 1:30 i also got stopped out… donated some
15:05 Govind : thanks guys
15:05 Govind : well, that is part of the business right Ankit
15:05 Ankit : playing contra after 1:30 doesnt give me comfort .. so got whipped both sides
15:05 Ankit : absolutely govind +1
15:05 Govind : No, I did not do a single CE trade though
15:05 Ankit : i mean.. yeah i didnt play contra either
15:06 Ankit : that would have rather made some
15:06 Ankit : but there was no logic for it
15:06 Yash null : Guys for next few days, I need some help,
15:06 Ankit : anyway lets see tom
15:06 Ankit : 😀
15:06 Himanshu : me -iwas ok with 2 Dt but that Skl at7675 – failed down move now – .4 Dt
15:06 Himanshu : still good ay interms of holding back emotion
15:06 Himanshu : no contra trade today
15:07 Yash null : am adjusting to system, and my ultimate tgt for the week is to be +ve
15:07 Srividhya : I did not trade the previous down freeze day and decided to test today. Not a bad day though closed at a small loss but great learning. thanks guys
15:07 Yash null : today is a good day and I guess, Ill conclude it without going for any trade now
15:08 Himanshu : good trade could hav ebeen CE short 8500/900 strikes as after A period – even vwap was ot challanged
15:09 Prateeek : i did 2 trades. one in green and one in red. mtm green in the end
15:09 Himanshu : cool 400 points in 8500 CE and 250 points in 9000 ce we could hav egot traed could be punch and sleep
15:09 Sanjib : NF going to close at DPOC?
15:09 Yash null : I am not talking figures because I know many would have big figures here , but My wish is to be part of proper system and discipline
15:12 Ankit : figure doesnt matter Yash
15:12 Uttam : doint it consistently day after day is what matters 🙂
15:12 Ankit : % and green or red matters
15:12 Ankit : 🙂
15:12 Ankit : +1 UG
15:13 Uttam : as Shai said in the workshop, we overestimate what we can do in a month but underestimate what we can do in an year
15:13 Ankit : totally
15:13 Ankit : 3 months 10 days done for me
15:13 Ankit : 🙂
15:13 Uttam : each day is a drop & at the end of the year you will have a lake if not the ocean 🙂
15:14 Rajan : +100 Ankit
15:14 Yash null : well yes, rome wasn’t built in a day!
15:14 Uttam : market luring in shorts by closing at lows looks like?
15:14 Uttam : but COT not showing any serious selling
15:14 Uttam : 15 more mins
15:15 Prateeek : closing at the days low
15:15 Uttam : yes a mini spike
15:17 Govind : Sec 144 across TN from tomorrow
15:17 Bhavani : Ye.. GIov.. from tomorrow evening 6 pm
15:18 Yash null : I guess 10-15days curfew coming,
15:18 Bhavani : only essentials should be open ..
15:18 Bhavani : Yash.. In TN its from tomorrow
15:18 Yash null : Punjab has done it,
15:18 Yash null : Gujarat needs it badly,
15:19 Yash null : I know one food unit, which is still working,
15:19 Yash null : financial cycle is the burden!
15:20 Shai : tentative close
15:20 Shai : bears not very sure here
15:20 Shai : but they will coem to sell any rise
15:20 Govind : bit of an anti-climax no?
15:20 Uttam : one test of 7715 could set up the next move Shai?
15:21 Govind : Bye guys, see you all tomorrow. Stay indoors and safe
15:21 Shai : yes that pullback was at 7721
15:21 Govind : Pray for your fellow earthlings
15:21 Shai : that is the ref along with 7850 for tom
15:21 Uttam : thanks Shai +1
15:22 Uttam : 1150 points lower Spot than Friday’s close
15:22 Uttam : Nifty
15:22 Uttam : BN almost 3500 points
15:23 Uttam : 16741 low in BNF – h) Break of 17375 could bring a fresh leg down to 17248 / 17159 / 16999*-950 / 16894*-860* / 16740 & 16524-488
15:23 Yash null : BN almost 50% from top
15:23 Yash null : I wish to buy apr CEs, but not attempting stunts
15:26 Shai : discipline
15:26 Shai : April is like next year now in this market
15:26 Uttam : 🙂
15:26 Yash null : yes chief,
15:26 Ankit : true :))
15:26 Shai : Don’t forget vix
15:26 Yash null : that’s what am trying to have DISCIPLINE!
15:26 Shai : if it ools down all april option paper is useless
15:27 Shai : cools*
15:27 Santhosh : tnx all, bye
15:27 Shai : Bye all
15:27 Shai : Catch up tom
15:27 Uttam : thanks All 🙂 have a lovely evening
15:27 Uttam : and be safe…
15:27 Yash null : no RED COT in last bar after so many days may be!
15:27 Rajan : Thanks Shai & Thanks everyone…stay safe
15:29 Ashwath : Thank you guys.. bye..
15:29 Saheer : Bye all
15:29 Neeraj : thank you guys n enjoy the evening. stay safe
15:33 Vishnu : bye all
15:34 Piyush : bye all
15:35 Avinash : Bye Everyone
15:42 Sanjib : Bye Everyone