When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
NF (Aug)
BNF
BNF (Aug)
Room Chat
09:34 Shai : (09:34) Shai : Intra – short BNF 29090- 29100 sl of 29220 tgt 28978
09:43 Shai : (09:43) Shai : Intra – close the BNF at 29080 here . can reshort higher
10:55 Shai : (10:55) Shai : Intra – Sell BNF 28990 sl of 29013 tgt 28840
10:58 Shai : (10:58) Shai : SL is 29103**
12:35 Shai : (12:35) Shai : BNF 28945. Book the short
09:06 Shai : GM all
09:06 Shai : https://vtrender.in/market-profile-analysis-dated-23rd-july/
09:07 NP : Good Morning
09:09 Uttam : Good Morning All 🙂
09:10 Mohammed : GM
09:11 AN : GM all…
09:11 TP : GM All.
09:11 Vijai : Good morning all
09:12 Bhupinder : Good Morning
09:14 Himanshu : gm ALL
09:16 NP : 29200 CE 123 – 153 #QuickTrade …. Fastest Finger First …. booked fully
09:18 NP : Day Job Done
09:18 Shubro : 29200 140 to 172
09:18 Shubro : CE
09:18 Shubro : haha
09:18 Shubro : nice Naren
09:18 NP : Congrats
09:20 Anubhav null : bnf some rb seen
09:21 Uttam : 11300pe writers getting an exit here?
09:22 NP : may be ….. yesterday inlast 15 minutes 11300PE OI reduced by 10lk+
09:22 Shubro : BNF rejecting yday vwap
09:25 Jitender : 29.
09:25 Jitender : 29.1ce 245-194
09:25 Jitender : congo NP
09:25 Shai : +1- (09:22) Shubro : BNF rejecting yday vwap
09:26 NP : Congrats to you too Jit
09:26 Uttam : 11345 res now in NF staying below it we can get an IS on 5mins
09:26 NP : +1 Uttam
09:28 NP : are we poised to break that all important support of 11300 that we are holding on for past 4 sessions?
09:28 Shubro : 29200 CE OI jumped morning
09:30 Shubro : plus crossover
09:30 MJ : 29200 pe 148 215 booked half. 🙂
09:30 MJ : Now running like mad horse.
09:30 Jitender : 29.3 [e 190-240
09:30 Jitender : pe
09:30 Govind : Congrats guys
09:31 Jitender : 11.3 brkn nf
09:31 Jitender : wait till 11280 to see if a PB is sustained
09:31 NP : 29000PE ….. 79-99
09:31 Jitender : if not lot of OI unwindn will be fun
09:31 Vijai : 29300pe 160-250
09:31 Shubro : 29100 PE 98 to 128
09:31 NP : #QuickTrade
09:31 Uttam : (09:21) Uttam : 11300pe writers getting an exit here?(09:26) Uttam : 11345 res now in NF staying below it we can get an IS on 5mins
09:31 Jitender : congo room
09:31 NP : Congrats Guys
09:32 Jitender : u guys r super
09:32 MJ : All out 249. Only coz DT met, and respecting that has made me a better trader. (09:30) MJ : 29200 pe 148 215 booked half. 🙂
09:32 Uttam : BNF left a FA yesterday Jit and 2 atr is your target
09:32 Uttam : 28685
09:32 NP : 29000PE above 110 will be ROCKET
09:32 Uttam : 1atr at 29062
09:32 MJ : Congo everyone, Cheers
09:33 Jitender : Uttam 28100 now..ST 🙁
09:33 Jitender : 🙂
09:33 Govind : 11300 PE is holding well
09:33 NP : Congrats Everybody
09:33 Jitender : tx (09:32) Uttam : 28685
09:33 Vijai : 11350pe 35-75
09:34 Jitender : everybody who has a DT take a 5min breather
09:34 Shai : Intra – short BNF 29090- 29100 sl of 29220 tgt 28978
09:34 Uttam : 11300pe had taken at 25 last evening & added at 31 today booked 50% at 51
09:34 Jitender : congo Uttam
09:34 NP : Wow ….. Congrats Uttam
09:34 Uttam : weekly Fa in NF
09:34 Uttam : that 11300pe can do 105
09:34 Jitender : yday (10:32) Jitender : Uttam 28700 also poss tis expiry…..(10:32) Jitender : 29500 shldnt get crossed fr tat
09:35 Jitender : my positional acc is exuberant
09:35 Uttam : +1 Jit you knew it before & we got FA later 🙂
09:35 Jitender : price action bhai
09:35 NP : Nifty spot below 11280 can go down till 11248 quickly
09:35 Shubro : Jitte too good
09:36 Shai : sharp rejection of 2 day profile setup
09:36 Shai : stay short if you got in early
09:36 MJ : +1 shai
09:36 Shubro : combing price action with OF ufff … on toast
09:36 Uttam : yes Sir holding that 11300pe now till tom close
09:36 Shai : 11264 next vpoc
09:36 Uttam : want 11196 Shai
09:37 Uttam : @Shai can we have the POC vol also at bottom on the 5min charts
09:38 Shai : can add
09:38 Uttam : thanks Shai 🙂
09:39 Uttam : USDINR big gap Shai so closing that before next move higher?
09:40 Uttam : 11300ce OI rising
09:40 NP : yes
09:41 Uttam : looks like the morning jump was only for the smart wrtiers to book out?
09:41 Uttam : OI was opposite to price action as CE OI was moving up & PE down
09:41 NP : VIX @ 14
09:42 Jitender : my sittind duck at 29.5ce now only 21 🙁
09:42 Jitender : sittin 🙂
09:42 Shubro : booked out of that
09:42 Shubro : 29400 CE banta hai ky aJit
09:42 Jitender : i have bettr appetitie 😉
09:42 Shubro : hehe
09:43 Shai : Intra – close the BNF at 29080 here . can reshort higher
09:43 Uttam : (09:32) Uttam : 1atr at 29062…BNF low so far 29060
09:43 Govind : +1 Uttam
09:44 Jitender : +1
09:44 Uttam : 11275 has some good vols
09:44 Uttam : dPOC shifting lower in NF
09:44 Jitender : (09:31) Jitender : 11.3 brkn nf(09:31) Jitender : wait till 11280 to see if a PB is sustained(09:31) Jitender : if not lot of OI unwindn will be fun
09:45 Uttam : yes Jit from 50L that 11300pe OI now 40L abhi bahut covering bacha hai isme
09:45 Vijai : holding 11350PE
09:46 NP : need to be very carefull at these levels before taking any fresh position …… expiry is here so chances of Index Management by option writers are high …. Stay Cautious and reduce volumes
09:47 Anubhav null : above 11300 its a buy in f
09:47 Jitender : nope…wait
09:47 Jitender : fr it to sustain
09:48 Jitender : do a broken butterfly if u wanna
09:48 Uttam : RB there in NF but need a IB for buy Anubhav
09:48 Uttam : right now expecting a RS to come
09:48 Uttam : 11293 on 5 mins looks like one RS
09:49 Uttam : ORR down in both Shai?
09:49 Uttam : needs to stay below PDL for more donwside
09:49 Jitender : nf dh=yday poc
09:49 Rushabh : aug chart needs to be adjusted shai
09:49 Rushabh : nf
09:50 Uttam : yes Jit that is the overlaping POC of last 2 days
09:50 Jitender : +1
09:50 Uttam : a) NF needs to get above 11355-364 for a rise to 11384 & 11408
09:50 Uttam : NF could not get above this hypo1 at all
09:51 Uttam : and instead this leg b) Immediate support is at 11330-328 below which the auction can test 11311-305 & 11275-265
09:51 Uttam : 11271 low so far in NF
09:52 Shubro : q is whether the HDFC DEMA holds strong
09:54 Uttam : reds in NF
09:54 Uttam : new IS on 5mins at 11285
09:54 Uttam : after that RS at 11293
09:54 Jitender : +100
09:55 Shubro : jawab sahi chalo niche
09:56 NP : (09:35) NP : Nifty spot below 11280 can go down till 11248 quickly
09:56 Jitender : whoopieee
09:56 Uttam : real move can come when that OI of 11300pe starts coming down
09:57 Uttam : 11300pe makes high of 69 so far
09:57 Uttam : 11255 getting some buying?
09:57 Uttam : looks liked ot was a short booking
09:59 Boppanna : Shai’s target 28978 low so far 28980
09:59 Uttam : 38L to 26L now that 11300 OI
09:59 Jitender : keep it up Uttam…suberp analysis n support
09:59 Jitender : #Eagle eyes
09:59 Uttam : _/\_ Jit
09:59 Boppanna : +1 Jit
10:01 Govind : 29100 PE 140 to 189, out
10:01 MJ : Nice trade Govind.
10:02 NP : Congrats Govind
10:02 Govind : Thanks MJ, it was Shai’s trade but I did not exit and just exited
10:02 Govind : Thanks Naren
10:02 Uttam : (09:34) Uttam : that 11300pe can do 105(09:36) Uttam : yes Sir holding that 11300pe now till tom close
10:02 Boppanna : +1 Govind Op-Ra at DL as well
10:03 Uttam : 71 high so far in that 11300pe
10:03 Govind : Yes Bops
10:03 Uttam : congrats guys 🙂 +100
10:04 Uttam : (09:57) Uttam : 11255 getting some buying? new RB now this in NF
10:04 Shubro : +1 Gov
10:04 Jitender : will keep re postn tis today 🙂 (09:31) Jitender : congo room
10:04 Shubro : good day to start
10:04 Uttam : 0s at lows also in that bar
10:04 Shubro : rather good start to day 🙂
10:04 Uttam : 11285 is that IS on 5mins
10:05 Jitender : 29.1 pe had bboked at 200.41 at 9.59..look at its high
10:05 Boppanna : +1 245-285 on watch in NF
10:05 Uttam : difference from more than 40L in the OI of 11300pe-ce now less than 10L
10:06 Uttam : 11275-285 is supply zone as 0s also there
10:06 Govind : Yea Jit, I exited around the same time…10:05 Jitender : 29.1 pe had bboked at 200.41 at 9.59..look at its high
10:06 Jitender : +1
10:06 Govind : saw the greens and Op-Ra
10:06 Jitender : exacztlyyyy
10:07 Govind : I am learning 🙂
10:07 NP : too good
10:07 Uttam : super Govind 🙂
10:07 Jitender : rite path…..
10:07 Govind : Thanks Uttam
10:07 Shai : 11250 spot last of the monthly supports
10:08 Shubro : looks llke BNF wants more
10:08 Shai : if we stay below 11250 spot expect carnage and faster drops into the weekend
10:08 Uttam : new RS in NF at 11265 looks like? 24k red there
10:08 Rushabh : shai can we check 14-16 may orderflow?
10:09 Shai : you will have to look up the post for that date
10:09 NP : Nifty Spot 11248 and BankNifty 28900 last hopes for bounce ….. break below will create one more round of panic selling
10:09 Rushabh : I tried but not getting orderflow post
10:09 Uttam : @Rushabh you can get them on the website
10:09 Uttam : it will sirely be there
10:09 Uttam : surely
10:10 Rushabh : could you help uttam and get me the link, i did try
10:10 Shubro : trifecta BNF
10:10 Prudhvi : shai plz adjust aug charts
10:10 Uttam : that 11255 fellow holding for now looks like?
10:11 NP : +1
10:11 NP : ‘for now’ is very important
10:11 Uttam : https://vtrender.in/order-flow-charts-dated-16th-may/
10:11 Uttam : @Rushabh
10:12 Uttam : https://vtrender.in/order-flow-charts-dated-17th-may/
10:12 Rushabh : thank you uttam
10:12 Uttam : it is all there on the website
10:13 Shubro : looks like FII’s are in quit inida movement part 2
10:13 Uttam : 11300ce OI not above 30L
10:13 Uttam : just 6L difference now
10:14 Govind : crossover coming? 🙂
10:14 Uttam : yes most likely as they have been trending
10:14 Shubro : cmon ek vwap touch maangta
10:15 Shubro : woah NF not in mood
10:15 Govind : Now what will C do
10:16 Shubro : C is retail right? Wouldnt they panic
10:17 Uttam : that 8k red looks to be a retail shorting below IBL
10:19 Uttam : PE did not make new highs in this new low of NF
10:19 NP : may be a dead cat bounce on cards Uttam ???
10:20 Jitender : lic
10:20 Shai : This drop from budget day is the HNI seller from retail – (10:16) Shubro : C is retail right? Wouldnt they panic
10:20 Govind : C is fighting this Shubro, C low in NF is slightly lower than B
10:21 Shubro : aaah gotcha Shai
10:21 Amit : gm
10:21 Rushabh : you mean pros shai?
10:21 Shai : HNI
10:22 Shai : within retail
10:22 Shai : but they get categorised as retail only
10:22 Shai : today’s lows are important
10:23 Shai : if they do not hold the NF and BNF can drop as low as 9600 quickly
10:23 Uttam : BNF IB range is exact same as yesterday’s day range 🙂 312
10:24 NP : you mean 10600 Shai Sir?
10:24 NP : 9600 sounds scary
10:25 Rushabh : shai we have supply below 11300? cot is quite positive
10:25 Shai : COT is mixed in rolls
10:26 Shai : 11250 spot was the VPOC- weekly before eelction
10:26 Shai : last of the big players who pushed theindex up here
10:26 Uttam : yes Shai 11254 was weekly VPOC too which has got tagged today
10:26 Shai : +1
10:27 Govind : Amazing, these references are.
10:27 Shai : yes
10:27 Uttam : some greens getting stacked up at 11265
10:27 Shai : BNF also same vpoc
10:27 Uttam : 22k & 14k
10:32 Uttam : booked 25% more of that 11300pe at 62.7 and trailing rest at SL below 40
10:32 Shubro : Jit levels for bullish today?
10:33 Uttam : Shai what is with the USDINR?
10:33 Uttam : tested yVWAP so can reverse the move lower since that big gap up?
10:35 Anubhav null : big reds
10:35 Uttam : boom boom
10:35 Shubro : shabaash BNF chalo
10:35 Uttam : PE making new highs now
10:35 Rushabh : 90k roll?
10:35 Uttam : just a little bit over 2L now the difference in that 11300 pe-ce
10:36 Shubro : finally a big number green
10:36 Uttam : IS at 11250 loks like
10:36 Uttam : ext handle in NF?
10:36 Uttam : but 0s st lows here
10:36 Uttam : one thing needs to get negated
10:36 Uttam : trifecta
10:37 AN : Shai, can you please adjust teh profile chart so the TPOs are visible. I know its difficult due to large profiles,
10:37 MJ : nf bnf gets demand together.
10:37 Boppanna : C period
10:37 Jitender : u buyn here ? (10:37) MJ : nf bnf gets demand together.
10:37 Shubro : ok guys someone help me C period extends lower so the expectation is…?
10:38 Uttam : 37k green in BNF
10:38 Shubro : Jit today BC or MKB?
10:38 Jitender : already done BC…..
10:38 MJ : Only above those greens. J.
10:38 Shubro : ok thought so
10:39 Jitender : see…dont pre empt…(10:37) MJ : nf bnf gets demand together.
10:39 Jitender : its a strong trend
10:39 Uttam : (10:36) Uttam : IS at 11250 loks like
10:39 MJ : Is this prempt? (10:36) Uttam : trifecta
10:39 Rushabh : uttam tht a roll?
10:39 Uttam : trifecta of red at IS I meant there Mihir
10:39 Jitender : yes MJ..100%
10:39 Uttam : with that 1L guy
10:40 Jitender : money shld be were conviction is
10:40 MJ : There is no pre empt, at 5 min auction completed with 0’s
10:40 Uttam : crossover of 11300 can happen here
10:40 Jitender : yr money
10:40 Uttam : 37L to 35L now
10:40 MJ : But did one more dip. So Watching those 0’s and greens.
10:40 Uttam : PCR goes below 1
10:40 Shubro : Jit i apply 2 things when this happens….wait 15 min and then level…is that the right way? like last 5min fell from 29020…is that the approach?
10:40 Govind : Crossing over Uttam
10:41 Jitender : yes Shubro….
10:41 Uttam : 11300p e new high of 82 looks like will give my 105 today only 😉
10:41 Shubro : and then vols of course
10:41 Uttam : (10:36) Uttam : IS at 11250 loks like(10:36) Uttam : ext handle in NF?
10:41 Jitender : tradn is a diff ball game n money shld b put were conviction is
10:42 Shubro : ok thx Jit
10:42 Uttam : yes Jit which is why carried small quantity of that 11300pe inspite of OI more than 50L in that at close
10:42 Jitender : mkt gvs lot of oppr…contra require conviton n confirmation esp if u r up +ve in the day
10:43 Jitender : tis is not a balancing mkt
10:43 Jitender : immd contra works better in a balancing mkt
10:43 Jitender : for rest wait fr confirmation
10:43 Uttam : The Value for the day was overlapping and NF has made a nice 2 day balance looking set to move away from here in the coming session(s) while the PLR (Path of Least Resistance) remains down.
10:44 Jitender : so one argument in supp of tat LLTs is C extn also
10:44 Uttam : Neutral Day and the FA at top re-confirming that the PLR is very much still to the downside.
10:44 Jitender : ys
10:44 Uttam : this is how the report of NF & BNF ended
10:48 AN : jit, what’s your confirmation levels ? for BNF
10:48 Uttam : BNF has a big green at 28975
10:48 Jitender : 29020 n 29060
10:48 AN : thx
10:48 Uttam : could also be July shorts booking out
10:50 Shubro : Jit looking at that purple bar for confirmation will that be correct? 29080 levels?
10:50 Jitender : Shubro….wich purple bar ?
10:52 NP : now some of the stocks are trading at 2year 3year lows …… this correction is going to be more painful than 2008 for those portfolio investors ….. and this time we are not following global market trends at all ….. the fall is primarily on account of local issues.
10:53 Shubro : at 29080 30 min
10:54 Jitender : if a bounce abv n ten retest of it holds…
10:54 Jitender : mine r (10:38) MJ : Only above those greens. J.(10:48) Jitender : 29020 n 29060
10:54 Shubro : great thx
10:54 NP : I think now it’s time to turn on “CAPITAL PROTECTION” mode till 2.30pm
10:54 Jitender : see today longs have 2 scalp n shrts have it easy…..confirmation is reqd for reverse of it to has a probab
10:54 MJ : So is it here J there is no preempt I said what I saw on OF at 1035 bar. (10:39) Jitender : see…dont pre empt…(10:37) MJ : nf bnf gets demand together.
10:55 Jitender : my motto is to be safe than b excited n make a mistake
10:55 Jitender : i hope everyone has understood my point
10:55 MJ : And I scalped 29kce too. So yes, trend is down and as you pointed longs scalp short ride the trend.
10:55 Shai : Intra – Sell BNF 28990 sl of 29013 tgt 28840
10:55 NP : Spot Nifty sustaining below 11248 is not a good sign at all
10:55 Jitender : +1 chief
10:55 Shubro : rejection galore
10:56 Shai : not a big push by responsive players, may hit that vpoc at 28840
10:56 Sandy77 : sl 29113 ?
10:57 Shubro : aaj dahi chicken banane ka din hai
10:57 Shai : yes sl has to be abv vwap today for trading more than 100 points
10:57 Govind : Chicken Banana, is that a new dish Shubro?
10:57 Shubro : banane hindi lol to make
10:58 Sandy77 : Shai u have a typo 29013
10:58 Shai : SL is 29103**
10:58 Shai : Thanks Sandy
10:59 AN : (10:37) AN : Shai, can you please adjust teh profile chart so the TPOs are visible. I know its difficult due to large profiles,
11:00 AN : Thx sir
11:08 Shibu : will we get spot at 11001 by this month end?
11:11 Govind : Shai, what are your expectations regarding Vix levels in the near to mid term in terms of forecasting a bottom? Current vix levels are still low compared to previous levelsand we usually bottom out when Vix is high.
11:11 Himanshu : Thanika – How is BN cash
11:12 Thanika : data issues still.. not getting them
11:13 Shubro : Govind appears falling
11:13 Uttam : will that 11300pe give 100 here?
11:14 Govind : Vix Shubro?
11:14 Prudhvi : very temmpting that pe
11:14 Jitender : new lows 🙂 (10:55) Jitender : my motto is to be safe than b excited n make a mistake(10:55) Jitender : i hope everyone has understood my point
11:14 NP : +1
11:14 Shubro : 13.60no
11:15 Shubro : yeah Jit +1
11:15 Shubro : no trades
11:15 Govind : yeah, but this fall feels more like a 17 or 18 vix
11:15 Govind : hence my question to Shai
11:16 TP : +1 Jit and try to hold on …if needed just be away from screen …like I did 😉
11:16 Uttam : 41L to 33.5 L now that 11300ce to pe
11:16 Uttam : what a turn around
11:16 Jitender : +1 tej….
11:17 Shubro : is this a poor low D&DE here or wait till E finishes?
11:17 Shubro : D&E ”
11:17 Uttam : +1 Tej I am also just holding the last 25% of that 11300 and tsl much higher than cost now
11:18 TP : +1 need to follow this today ……..(09:36) Shai : stay short if you got in early
11:18 Uttam : +100
11:19 Jitender : now supp fr thoose LLts is tere
11:25 Shubro : max pain BNF anyone?
11:25 Jitender : 29.1
11:25 Shubro : a friend tells me the IV BNF is about 19
11:25 Jitender : was 29.4 yday close
11:25 Shubro : does anyone know what that means?
11:26 Jitender : wats the historical avg
11:26 Shubro : about 13 =14
11:27 Shubro : not sure maybe wrong
11:27 Shubro : does anyone track in the room?
11:28 Govind : 30 day HV is 15.83 and IV is 13.91, as per Opstra
11:30 Jitender : k
11:30 Jitender : can cool dwn a bit due to expiry morrow…IV
11:31 Shubro : ok was close phew
11:31 Shubro : Jit also its said that during expiry IV is not reliable
11:31 Shubro : is that correct?
11:31 Jitender : so the rule is if u do 45DTE ..u get less thetha affect
11:31 Jitender : the more closer to expirty..ththa n gamma rukes
11:31 Jitender : rules
11:32 Shubro : gamma spike last week expiry so positionals close 1 week before convestional wisdom
11:32 Shubro : but logic when it comes to weeklies Jit?
11:32 Jitender : depends on vix Shubro
11:33 Shubro : hmm
11:33 Jitender : low vix u can even shrt of fryday….delta neutral
11:33 Jitender : on
11:34 Govind : Below vwap all day, both indices
11:34 Govind : now only need to get below them zeroes
11:35 Uttam : (10:33) Uttam : Shai what is with the USDINR?(10:33) Uttam : tested yVWAP so can reverse the move lower since that big gap up?
11:35 Uttam : USDINR reversing that OTF down now moving higher
11:42 Shubro : this ding dong phase looks like lasting till 2
11:47 Jitender : (11:19) Jitender : now supp fr thoose LLts is tere
11:47 Boppanna : F makes a HH in BNF
11:48 Shibu : Market will give another oppertunity to short till 2 pm
11:49 Shubro : grreat observation Jit
11:50 Jitender : -1
11:50 Jitender : +1
11:50 Jitender : too many fat fingers 2day 🙂
11:53 Shubro : haha
11:54 Shubro : i thougt kya bol diya
11:54 Jitender : doosra wala sahi tha 🙂
11:54 Shubro : aap bhi doosra dete ho
11:54 Jitender : 🙂
11:55 Jitender : touched 29020 (10:48) Jitender : 29020 n 29060
11:55 Shubro : hm checking it and trying to breaking it
11:56 Shubro : dum nahin
11:56 NP : (10:55) NP : Spot Nifty sustaining below 11248 is not a good sign at all
11:57 NP : now the bounce is struggling to sustain above 11248
11:57 Govind : 11250 CE OI is higher than PE OI now, but PE OI has not dropped in this rise.
11:58 Shubro : 50 50 chance
11:59 Shubro : ok good
12:00 Shubro : BNF still needs some vitamins
12:00 Govind : Vwap test Shubro?
12:00 Shubro : looks like
12:01 Govind : You wanted it 🙂
12:01 Shubro : yep got it and thanks to Jit
12:01 Shubro : for helping with understanding the mvoe
12:01 Shubro : wont reach re Govind
12:02 Shubro : weakening
12:02 Shubro : bodies small large wicks
12:03 Shubro : 29100 CE 62 to 82
12:03 NP : good one Shubro
12:03 Shubro : chota test of trade only
12:03 Govind : nice one Shubro
12:03 Jitender : congo S
12:04 Shubro : thx guys
12:04 Shubro : cash selling reversing it seems? Anyone?
12:04 Shubro : BNF i.e.
12:05 Shubro : fuddu move
12:06 Shubro : jaao wapis niche NBNF
12:07 Govind : At least today the TV guys are giving Sell calls
12:07 Anubhav null : nf back in ib can tag vwap atleast
12:08 Shubro : looks to be a pullback sell to me BNF
12:08 Uttam : rs@ 11257 & now is forming at 11253
12:09 NP : (11:56) NP : (10:55) NP : Spot Nifty sustaining below 11248 is not a good sign at all(11:57) NP : now the bounce is struggling to sustain above 11248
12:09 NP : too much weakness
12:09 Shubro : yeah
12:10 TP : Had 2 criteria for tsl on puts OTF stops and 268 extn handle goes ….extn handle holding OTF stops.
12:10 Anubhav null : consensus is bad
12:10 Govind : +1 TP
12:11 Uttam : in other words you made sure that ext handle held Tej 😉
12:11 Boppanna : lol Uttam
12:11 TP : should go i guess Uttam.
12:11 Uttam : Spot needed to check that 11254 once which it is doing now
12:12 Uttam : so can move away from here I feel to the downside
12:12 Uttam : anyways if closes or sustains above 11254 Spot on 30mins then we can get a bounce
12:12 Govind : Get them zeroes now
12:13 Shubro : zero hunters here!
12:14 Boppanna : Uttam didn’t finish all his targets here so below 984 sustains 890 coming IMO now d) Below 29055, lower levels of 29016-28984 & 28922-890 could come into play
12:14 Shubro : today me and bhains looks like scuba diving aagain
12:14 Gaurav : BNF premium also seems high for 2nd last day of expiry
12:14 NP : Technically there is no strong support at least till 11166 Spot ….. but anything can happen near expiry with option writer biggies managing the index moves
12:15 NP : +1 Gaurav
12:16 Shubro : 29100 CE 83 to 75
12:16 Shubro : chota chai pani
12:17 Anubhav null : here voes
12:18 Anubhav null : nf take those short sls
12:18 Anubhav null : arnd vwap
12:19 Anubhav null : last chance
12:20 Shubro : tough hai meri jaan
12:20 Shubro : but dekho dekho
12:21 Shubro : is this a ledge formation Uttam BNF?
12:21 Anubhav null : need 10 points more up
12:21 Shubro : i like to think of as a diving board
12:23 Govind : Ledge wil look more like chopped off profile Shubro
12:23 Shubro : chopped?
12:24 Govind : yeah
12:25 Shubro : more like a an axe waiting to be swung
12:25 Shubro : aaj koi bank nahin jayega.
12:27 Shubro : Shai likely chance for H reversal?
12:27 Shubro : but u got that short on….okies
12:27 NP : fresh wave of sell off coming ???
12:28 Shubro : charts screaming sell
12:29 Anubhav null : sell below dpoc.only
12:29 Anubhav null : nf
12:32 Uttam : pull back high done?
12:33 Uttam : BNF will make new lows first?
12:33 Uttam : spot already there
12:33 Shubro : Chal bhai C tod
12:33 NP : (12:27) NP : fresh wave of sell off coming ???
12:33 Shubro : hum to bolath the pull back sell in BNF
12:33 Uttam : BN spot new lows
12:34 Shubro : noe deep se a diving start
12:34 Uttam : @Bops 28922 almost there
12:34 Boppanna : Out 12:14 Boppanna : Uttam didn’t finish all his targets here so below 984 sustains 890 coming IMO now d) Below 29055, lower levels of 29016-28984 & 28922-890 could come into play
12:34 Uttam : super Bops
12:34 Uttam : congrats
12:34 Jitender : 28.9ce 188-142 (11:55) Jitender : touched 29020 (10:48) Jitender : 29020 n 29060
12:35 Shubro : 28800 PE 55 to 65
12:35 Jitender : congo BoPs
12:35 Govind : Out, 29000 PE from 118 to 142
12:35 Jitender : cheers guys
12:35 Govind : Congrats Bops and Shubro
12:35 Shai : BNF 28945. Book the short
12:35 Boppanna : Thx Uttam ur hypos hardly disappoint
12:35 Shubro : dhanya ho +1 GOV
12:35 Shubro : all trades positive today
12:36 Uttam : (12:35) Boppanna : Thx Uttam ur hypos hardly disappoint…do let me know when they do as it will be a good lesson that time
12:36 Shubro : chalo bhai BNF bahut gire…ab thoda chaddi upar kar lo
12:37 AN : Congrats Jit and thx again 29.2pe 250 – 290
12:37 Uttam : its time for a fresh ext down Shubro
12:37 Govind : New zeroes below the old zeroes and at Dval is why I got out
12:37 Shubro : haha
12:37 AN : Thanks Shai, excellent call
12:37 Shubro : zero hunter Govind good one
12:37 Shubro : we move from 0 to zero
12:37 NP : Congrats Guys
12:38 Shubro : Utttam ur sells are getting just as good as bull calls ….
12:38 Uttam : @Tej ext handle to bacha liya but any plans for new highs in the NF PEs 😉
12:39 TP : Booked out most just holding 350 pe with 95 sl insystem.
12:39 Govind : more new lows coming it appears
12:39 Uttam : super my 11300 tsl below 40 in system
12:40 TP : have also taken some 300 ce noe around 16 with 5 point sl.
12:41 Uttam : oh so this time ext handle tag you going to give 😉
12:41 TP : looking for it .
12:42 Uttam : my 11650 combo now at 400+ and I was happy booking at 150 175 200 ;-p
12:43 Shubro : dont these falls beg now for an SC Jit?
12:43 TP : that was a great trade …hindsight never matters.
12:44 Uttam : yes Tej next time if have multiple lots will look to hold some at cost
12:44 Uttam : as dont think post Friday that combo came below 250 too
12:44 TP : +1
12:45 Shai : one more b devloping today
12:45 Uttam : no ‘b’ please Shai give one ext down
12:45 Shai : everyone continues to liquidate longs i this market
12:45 Uttam : this is also dangerous right Shai?
12:45 Shai : yes
12:46 Shai : lomg liquidation proifiles can continue to drop
12:46 Shai : and won’t give short covering bounces
12:46 Uttam : longs falling on their own weight so no pull backs?
12:47 Shubro : looks like elevator going to go up
12:47 Shubro : TP u genius
12:48 TP : genius no way …scalper yes 🙂
12:48 Shubro : hehe
12:49 Uttam : Genius ke saath add Modest also Shubro 🙂
12:49 Shubro : haan Maadesht Genius
12:50 Anubhav : dpoc defended in nf again
12:50 Uttam : time to being out your algo early today Anubhav 😉
12:51 Uttam : bring*
12:51 Shubro : woah big numbers coming in
12:51 Shubro : NF
12:51 Uttam : this time’s big roll guy expected now?
12:52 Uttam : last time it was at 11915
12:52 Uttam : so been in good profits
12:52 Anubhav : 11200 put writing happening
12:52 Uttam : (12:52) Anubhav : 11200 put writing happening…no wonder market stalling getting ready for the feast 😉
12:53 Anubhav : more greens
12:53 Anubhav : break vwap uttam
12:53 Anubhav : this time
12:53 Shubro : NF POC 11354?
12:54 Shubro : is that correct?
12:54 Uttam : Tej doing this Anubhav so tell him 😉
12:54 Gaurav : that’s yesterday’s POC
12:54 Shubro : this is pure tej
12:54 Gaurav : correct
12:54 Uttam : thats yPOC Shubro
12:54 Gaurav : todays is referred as dPOC
12:54 Anubhav : cool
12:54 Shubro : ok thx Gaurav
12:54 Uttam : (12:50) Anubhav : dpoc defended in nf again…11239
12:54 Uttam : dPOC
12:55 Shubro : BNF slacking
12:55 Anubhav : 11295 possible above vwap
12:56 Shubro : 11300 16 to 20
12:56 Shubro : CE
12:56 TP : lelo aaj :)………..(12:54) Uttam : Tej doing this Anubhav so tell him 😉
12:56 Uttam : le to aap rahe ho sirji dono side se ;-p
12:56 Anubhav : hehe
12:56 TP : haha
12:56 Shubro : lol Uttam
12:57 Rushabh : 1 lac greens in 10 mins
12:57 Anubhav : itne greens aankho me lag rahe hai ab to
12:57 Anubhav : aadat khatam ho gayi
12:57 Shubro : i swear Anubhav
12:57 Anubhav : lol
12:57 TP : lets get back to basics or the screen will disappear 🙂
12:57 Anubhav : salaam vwap
12:57 Uttam : ext handle almost there
12:57 Shubro : hello Vwap
12:58 Shubro : tussi great ho aap gate pass dedo
12:58 NP : 11000CE 235 – 260 …. booked fully
12:59 NP : NF may fail to cross vwap so booked fully
12:59 Govind : +1 Naren
13:00 Shubro : no gate pass
13:00 TP : Uttam holding it 268.
13:00 Shubro : kya yar Uttam
13:00 Shubro : 😛
13:00 Shubro : jaane bhi do yaaron
13:02 Shubro : wow
13:02 Anubhav : aaye aaye vapas
13:02 Anubhav : algo hai bhai
13:02 Anubhav : same numbers
13:02 Anubhav : qty
13:02 Shubro : mera kutta bhi bhauk ootha
13:03 Govind : Plenty of greens in Aug too
13:05 Gaurav : those 10L guys plan to come on expiry day now?
13:05 Anubhav : 11250 call oi dropping?
13:06 Shubro : Naren assuming we need to short late which NF and BNF PE best?
13:06 Shubro : later*
13:07 NP : 11300 and 29000
13:07 NP : but wait we may see a spike up if vwap is crossed decisively
13:07 Anubhav : ab ki baar?
13:08 Rushabh : rolls some
13:09 Shubro : ok thx N
13:10 Anubhav : waow
13:10 Anubhav : shah buyin?
13:10 Shubro : ok
13:11 Anubhav : surplus money left after buying karnatka mlas is being deployed in nf
13:11 Shubro : lol
13:12 NP : tough fight at vwap …… winner will get quick 20-30 points spike
13:12 Anubhav : dpoc moving up with price
13:12 Shubro : what vola
13:13 Govind : Reliance boom boom
13:13 Anubhav : greens in aug too?
13:14 Govind : Only 3 banks in BNF in green and all up below 1%
13:15 Govind : and BNF did not touch vwap in this upmove
13:15 Shubro : major argument going on iin NF
13:16 Govind : DOne only 2 trades so far Shubro, no contra trades
13:16 Govind : just watching
13:17 Shubro : yeah holding my fingers
13:17 Anubhav : chandryaan mode?
13:18 Anubhav : yooyo
13:18 Shubro : 11300 CE 72 to 85
13:19 Uttam : 11265-260 sup now in NF
13:19 Shubro : couldnt help it Gov
13:19 Uttam : IB there finally on 5mins
13:19 NP : 11100 CE 157-172 booked fully
13:19 Shubro : 11200 CE sorry
13:19 Govind : Nice Naren and Shubro
13:20 Uttam : morning supply zone being tagged here
13:20 Shubro : now lets go back
13:20 NP : +1 Uttam
13:20 Shubro : BNF a little late
13:20 Shubro : ?
13:23 Shubro : NF looks like a pullback sell
13:23 Jitender : how good r theese as ref (10:48) Jitender : 29020 n 29060
13:23 Boppanna : +1 Jit was just about to type the same
13:23 Shubro : sundar and sushil Jit
13:23 Uttam : kyun gaali de rahe ho Jit ko Shubro
13:24 Uttam : he does not like both those adjectives 😉
13:24 Shubro : heheheh
13:24 Jitender : lol
13:24 AN : Amazing Jit _/\_
13:24 Shubro : ok ati Uttam
13:24 TP : good one Uttam 🙂
13:24 Jitender : sundar tho thik hai…sushil kaun hai ?
13:24 Uttam : kedia
13:24 TP : kedia
13:24 Jitender : aah
13:24 Uttam : bhool gaye itni jaldi
13:24 Shubro : lolol
13:24 Jitender : u guys r good & tej is tej
13:25 Uttam : you need to watch him more I guess Jit
13:25 Jitender : nah bhai….have unfollowed him yday
13:25 Uttam : cheers Tej (13:24) TP : good one Uttam 🙂
13:25 Uttam : I did that many years back 😉 (13:25) Jitender : nah bhai….have unfollowed him yday
13:25 Jitender : +1
13:27 Uttam : Shai ordered for a ‘b’ so ‘b’ it is
13:27 Govind : Only half MP profile is visible for BNF
13:27 Shubro : buying on in NF
13:27 Uttam : that is the full one Govind above that only singles
13:28 Uttam : 29118-29292
13:28 Govind : Ok Uttam
13:29 Govind : zeroes in both
13:29 Anubhav : badiya
13:29 NP : (13:12) NP : tough fight at vwap …… winner will get quick 20-30 points spike
13:29 Anubhav : done target
13:30 Jitender : congo Anubhav
13:30 Anubhav : ashirwad sirji
13:30 TP : part booking 30 odd sl to 20 on rest ……..(12:40) TP : have also taken some 300 ce noe around 16 with 5 point sl.
13:30 Govind : Congrats Anu
13:30 Uttam : Tej you doubled that CE man
13:30 Jitender : +1 Tej
13:30 Anubhav : amitshah
13:30 Anubhav : buyng ke aage kiski chalegi
13:30 TP : tks guys.
13:30 Rajiv null : jit half back ke upar!
13:31 AN : Congrats Anu….
13:31 TP : this is sellers zone now so better book.
13:31 Uttam : +1 Tej
13:32 NP : These are quite dangerous levels to take any fresh trade …… better to stay away for sometime …… just observe and wait for good RR
13:33 Uttam : wow look at BNF slicing thru that selling tail
13:33 Uttam : TSL hit in that 11300pe
13:34 MJ : C quant game strong. And yes this was OF, no pre empt. (10:37) MJ : nf bnf gets demand together. (10:40) MJ : But did one more dip. So Watching those 0’s and greens.
13:35 Jitender : it was pre empt at that time…
13:35 Jitender : ask anyone in the room
13:35 MJ : Change your view Jit. And stop zeroing 🙂 we all are here to make money together.
13:35 Himanshu : jIT uFF – NP was right – was stuck in wrong punch 28800 PE
13:35 MJ : I had conviction in my c period quant.
13:35 Himanshu : from 10.30 Got released now –
13:35 Anubhav : fresh buying case above11035 only now
13:35 Shubro : it was pre emp t re
13:35 Anubhav : 11305*
13:35 Himanshu : ( 34 – 23 ) Balls in mouth
13:36 Uttam : MJ just because we have bounced do not justify it now
13:36 Uttam : at that time it was not a buy
13:36 Shubro : hindsight mein right hai
13:36 Govind : Welcome back HImanshu
13:36 Uttam : we did not get a IB after RB
13:36 Uttam : tredn is down
13:36 TP : +1 if you traded and made money ……(13:35) MJ : I had conviction in my c period quant.
13:36 Himanshu : Yes,,
13:36 Uttam : IS was in the mronign driving it lower
13:36 Anubhav : himanshu policy karwa ke aaya
13:36 Anubhav : tabhi badi hai
13:36 Uttam : so we need to watch the selling POC not the buying one
13:36 Himanshu : Was here only Govind with Balls in mouth
13:37 Himanshu : only respite was 29000 PE OI was higher consitently ,,,
13:37 Govind : Haha
13:37 MJ : Uttam, I am just backing what I learned in the room, c period quant nf bnf getting greens together. @Shai has said this is a nice sign in the past.
13:37 Uttam : no MJ it gives a wrong imression to guys who are new here
13:37 Jitender : yes
13:37 Uttam : in OF we need to follow the stronger force & see how good that is acting
13:38 Uttam : the stringer force was the IS & they were doing good so no reason to exit shorts there
13:38 Jitender : G went much lower than C…tere wud have been a SL
13:38 Himanshu : Bhai log – I believe – Sai Said – HNI retail has to defend 11250 and
13:38 Himanshu : or else big gap till 9200
13:38 NP : it’s premium erosion time guys …. OTM option buyers need to be cautious
13:38 Uttam : in fact even Jit supported later saying now LLT is getting support
13:38 Uttam : but till then it was not a buy as oer OF
13:38 Himanshu : so aprat from LIC – buying – Some has got – few Crs -Open Loan to defend
13:39 Shubro : Himanshu welcome back bro
13:39 Himanshu : Bhai thanks
13:39 Anubhav : haha
13:40 Himanshu : well lot was 3K in 28800 PE hence was on – Om Namo Bhagwate Vasudevau
13:40 TP : Everyone in the room has different TF and SL aslong as the setup makes money evryone is right !!
13:40 Shubro : whipeee
13:40 Himanshu : from 60k Loss to 25K profit ,,
13:40 Uttam : super Himanshu
13:40 Uttam : congrats
13:40 Anubhav : fresh selling
13:40 NP : Congrats Himanshu
13:40 Jitender : congo H
13:40 Himanshu : Thanks for good wishes
13:40 Shubro : wow Himanshu (jaw down)
13:40 Anubhav : sahi time pe nikal gaye
13:41 TP : quick 15 despit the ce still being open ……(13:31) TP : this is sellers zone now so better book.
13:41 MJ : Thanks TP. (13:40) TP : Everyone in the room has different TF and SL aslong as the setup makes money evryone is right !!
13:41 Himanshu : but – I should have obeyed – Jit – Uttam- Sai ( break down was clear from last 2 days profile)
13:41 Shubro : +! TP good timing
13:41 Shubro : +1
13:41 Shubro : aise hi bolta hoon genius
13:41 Himanshu : SO taday was worst execution ( though was wrong punch )
13:42 Himanshu : SO TEj ( Our OTF Player is in room today)
13:42 Himanshu : great ,,
13:42 Uttam : 11235 was the level where RB was followed by a IB & then the dip to 11235 was defended which confirmed that buyer still defending
13:42 Shubro : zeros in the middle order batting
13:42 Shubro : oui filled
13:43 Uttam : OF got to be the same for all Tej though I agree each of us trade on different TFs
13:43 Himanshu : I think now it both profile shall balalnce here for 3 days,,
13:43 Shubro : sellers are back
13:43 Himanshu : to prevent carbage
13:43 TP : Yes Uttam agree OF same .
13:43 Himanshu : I will paay NY premium to LIC
13:43 Uttam : POC was shiting lower till the E period
13:43 Himanshu : so many folios are bleeding like hell
13:43 Anubhav : fresh selling below vwap now uttam?
13:43 Shubro : nirmala kidhar hai
13:44 Himanshu : USki to M
13:44 Himanshu : I Want Amit Shah
13:44 Anubhav : lol
13:44 Shubro : woah nice nice
13:44 Shubro : chai bhai niche apun short
13:44 Himanshu : Buineees to Baniya Samjega
13:45 NP : (13:32) NP : These are quite dangerous levels to take any fresh trade …… better to stay away for sometime …… just observe and wait for good RR …….. Protecting Capital is much more IMPORTANT than Profits
13:45 Anubhav : back at vwap
13:45 Shubro : trend is my friend
13:45 Anubhav : decider zone
13:46 Shubro : gayo
13:46 Uttam : he he he
13:46 Anubhav : 1 candle to ruko yaar
13:46 Shubro : nahin no rooking
13:46 Jitender : 🙂
13:46 Jitender : kya thokha hai fii’s ne
13:46 Uttam : and this has fallen inspite of greens above VWAP
13:46 Anubhav : kal bhi ais ehua tha 11400 pe
13:46 Anubhav : seloff
13:47 Anubhav : ajab gajab fii
13:47 Shubro : aaj another 2000 crore nikelga lagta hai
13:47 Anubhav : kaha le jaynegpasia bahar ro negative intrest rates hai
13:48 Shubro : tthat little ray of hope just vamooshed
13:48 Anubhav : new week wed has fed meet and china deal news i think
13:48 Shubro : Naren super bhai
13:48 Anubhav : next*
13:48 Shubro : u r precisely that voice of reason need for newbie traders
13:48 NP : this last leg of fall (if any) is going to be brutal
13:49 Anubhav : this candle is imp
13:49 NP : +1
13:49 Shubro : this candle is a pit stop before bloodbath
13:49 Himanshu : 29000 PE OI is increasing and 29000CE is decreaseing
13:49 Anubhav : still above dpoc n vwap lets seee
13:49 Himanshu : 28800PE OI is increasing – crossed 29000CE
13:50 Himanshu : so far .. 29000 PE ( is defending )
13:52 Shubro : people will be relieved to see weekend
13:52 Shubro : more than anything else
13:52 Shubro : mcdowell will go up on monday
13:54 Anubhav : hmmm
13:56 TP : guys check this intresting thread…..https://twitter.com/paststat/status/1153940427365482496?s=20
13:56 Uttam : nice Tej +1
13:57 TP : Little cranky guy but amazing stats …always.
13:58 Uttam : oh yes I have met him, a genius but as they say most of them are eccentri also
13:58 Uttam : I have his book too which he had written on Nifty set ups
13:58 Uttam : autographed by him
13:59 Himanshu : BOom
13:59 Himanshu : Boom
13:59 Himanshu : 11300 PE release time
13:59 Anubhav : aaj paisa khatam nahi ho raha bulls ka
14:00 Himanshu : TOld you ( Bank limit is there)
14:00 Rushabh : tp whats the data he posted?
14:00 Himanshu : cause LIC alone clant defend
14:00 Anubhav : 11310 is final stoploss for shors
14:01 TP : (14:00) Rushabh : tp whats the data he posted?…..nifty closing at 20 day low close , ahead of opex day , and next 1/2/3/4/5/10/20 returns , since 2000 -.
14:02 Anubhav : attempting 1 small short via 11300 put here
14:02 Gaurav : what’s meant by “Opex”, can anyone explain
14:02 Rushabh : opex?
14:03 Anubhav : greens stuck at top ?!
14:04 Shubro : hahaha
14:05 Shubro : reversal
14:05 Anubhav : nice
14:05 Anubhav : 75 -83 scalp
14:05 Shubro : price action zindabad
14:06 Uttam : ORR start so NF could not get back into pday range & BNF getting rejected frpm hvn of 29190 for now
14:06 Anubhav : out coz of this big greens
14:06 Govind : +1 Anu
14:06 Anubhav : today is not one sided selling like yest
14:06 Himanshu : hmm
14:06 Anubhav : somone is buying dips
14:06 Anubhav : big pockets
14:06 Uttam : 78k right at vwap
14:06 Himanshu : at 29195 was watching PD close and exited 28800 PE
14:06 Govind : Karnataka MLAs
14:07 Uttam : there on aug also
14:07 Himanshu : HAHA
14:07 Himanshu : They are bag full
14:07 Himanshu : inface Yedi also can buy
14:07 Himanshu : Since he has forward earnings now
14:07 Anubhav : hehe
14:08 Uttam : even Kumaraswamy too with the money he made in so many months 😉
14:08 Anubhav : wow
14:08 Himanshu : He cant match Yedi, Jagan Reddy and Chandrabrabu
14:08 Himanshu : This trio is Mineral giant
14:09 Himanshu : They have mined more minerlas then MMTC or any other PSU in business
14:09 Uttam : You are underestimating him & his dad Himanshu which gave rise to the entire Sahara parivaar 😉
14:09 Himanshu : yes
14:09 Himanshu : But he is DUMB
14:09 Uttam : yes that’s there others have made use of the money more than them
14:10 Himanshu : Reddy Bros, Yedi and Chandra babu etc are way ahead
14:10 Himanshu : Old gen was coruption rate was HIndu rate of Growth 3%
14:10 Uttam : USDINR also making a ‘b’
14:10 Shubro : selling stalled Jit?
14:10 Himanshu : New gen is China GDP rate ( 10 % and more)
14:10 Uttam : lol now its 3000% Himanshu?
14:11 Uttam : USDINR almost at day lows
14:11 Uttam : yeh ho kya raha hai 😉
14:11 Himanshu : Amravati Developemnt funds/Grants from Centre – was not submitted with bills and proods
14:11 Himanshu : proofs and thats why TDP had to part
14:12 Himanshu : BJP pressed wrong nerve of him,,,
14:12 Himanshu : I believ – OF is buying here ,,
14:13 Himanshu : and will convince rest of the market in August till 11644 – all is good
14:13 Anubhav : bottom made?
14:13 Rushabh : 1m cot
14:15 TP : those holding longs put in a decent sl in system as this could spike either ways into the close.
14:15 NP : +1
14:15 NP : VIX again below 13
14:18 Govind : THis Vix has been doctored with
14:18 Govind : no good
14:18 Shubro : yeah agree Gov
14:18 Shubro : uselless for this kind of movement
14:19 Gaurav : @TP can you explain “opex” here (14:01) TP : (14:00) Rushabh : tp whats the data he posted?…..nifty closing at 20 day low close , ahead of opex day , and next 1/2/3/4/5/10/20 returns , since 2000 -.
14:19 TP : no clue
14:20 TP : could be ….’Options Expiration OpEx’
14:20 TP : google it
14:21 Govind : No good deed goes unpunished 🙂
14:21 Gaurav : yes thats the sensible one, general one is operating expenses
14:21 Shubro : BNF glued to VIX
14:22 Shubro : 30 min
14:22 Shibu : option exchange
14:23 Shubro : chal BNF MKB
14:24 Shubro : daddy in the money
14:24 Jitender : timing (14:15) TP : those holding longs put in a decent sl in system as this could spike either ways into the close.
14:24 NP : +1 …. good timing TP
14:25 Shubro : 29000 PE 80 to 110
14:25 Govind : Shubro MOney!
14:25 NP : Congrats Shubro
14:25 Shubro : Naren u did it thanks bro
14:25 Shubro : and TP genius
14:25 Shubro : patience paid
14:26 TP : guys been trading less today ….so too many rants 🙂
14:26 Shubro : rants are good
14:26 Shubro : keep going
14:28 Shubro : USDINR Stuck Uttam
14:30 Anubhav : algo time coming up
14:30 Anubhav : aaj buy ke mood me hai subah se
14:30 Anubhav : 0s
14:30 Govind : Only 2 trades today, otherwise would have definitely lost money. Want to keep my 2 DT….14:26 TP : guys been trading less today ….so too many rants 🙂
14:31 Jitender : kudos Govind
14:31 Govind : Thanks Jit
14:31 Jitender : keep tat up n u wud soon be very successful
14:31 Shubro : one of those days all except 2 small trades positive and 2 DT
14:31 Govind : Thanks bro
14:31 Govind : Congrat Shubro
14:32 Shubro : Govind man good hunting
14:32 Jitender : Shubro..chai pe lo
14:32 Govind : Yeah Shubro
14:32 Shubro : haan wahi karna ja raha tha
14:32 Shubro : lol
14:32 Jitender : ten bank jaana hai na
14:32 Shubro : haan yes
14:32 Shubro : look like one of those days end of day
14:32 Shubro : Jit kuch paise jama karwana hai kya?
14:33 Jitender : yes
14:33 Shubro : ya bank ko bolke aaata hoon bhai tum log short aaj
14:33 Jitender : Is Shai here
14:34 Shubro : Shai why so quiet baba
14:34 Shubro : kuch to indicator do
14:34 Shubro : ek 100 point buy maangta
14:35 Shubro : actually looks more like BNF niche girega
14:36 Shubro : spiky spiky
14:36 Jitender : jubliant miss on numbers
14:36 Himanshu : Shubhro
14:36 Himanshu : no chance
14:37 Himanshu : Jubilant 2nd qtr result will be good
14:37 Himanshu : Depreesed People will eat more pizzas,,
14:37 Shubro : hehe
14:38 Shubro : my money is on mcdowell
14:38 TP : you trading that counter , is very volayile …..(14:36) Jitender : jubliant miss on numbers
14:38 Govind : kotak in red now, only HDFCB in green in BNF spot
14:38 Himanshu : some how – DHFL promoter Wadhwan and Jubilkant both looks like Brother ( In kind)
14:38 NP : (13:38) NP : it’s premium erosion time guys …. OTM option buyers need to be cautious(13:45) NP : (13:32) NP : These are quite dangerous levels to take any fresh trade …… better to stay away for sometime …… just observe and wait for good RR …….. Protecting Capital is much more IMPORTANT than Profits ………. knowing ‘when NOT TO TRADE’ is Important than knowing when to trade
14:38 Himanshu : NP – Sirji
14:38 Himanshu : +10000
14:40 Jitender : did it yday…not today (14:38) TP : you trading that counter , is very volayile …..(14:36) Jitender : jubliant miss on numbers
14:40 Shai : t
14:40 Himanshu : For now stocks are under ‘ Pradhan Mantri Yojna ‘ for Rural Investors
14:40 Govind : Haha
14:40 Shubro : sahi Himanshu
14:41 AmitJ : Affordable Stocks Scheme). The aim is to bring stock prices down by 90%, so that poor and lower Middle Class people can start investing in the stock market
14:41 Shubro : giving the rurals to enter market
14:41 Shubro : after that everyone can sell pakodas
14:41 Himanshu : You can buy – PNB, FED bank, NMDC etc – one at a price of Handkerchief or Towel at the most
14:41 Shubro : enuff capital
14:41 Shubro : question is khayega kaun
14:42 Himanshu : Farmers will buy with 6000 Rs direct credit to account
14:42 Himanshu : for Seeds and Fertilizers – Banks are giving loans
14:42 Jitender : and losses will be subsidised
14:42 AmitJ : ha ha
14:42 Himanshu : I have huge respect for FArmers and Soldiers so
14:42 Himanshu : any comment here is purely – intraday Jokes
14:43 Himanshu : shall not be taken home,,
14:43 Anubhav : 2MIN LEFT
14:43 Shubro : of course
14:43 Anubhav : be ready
14:43 Himanshu : why 2 minute
14:43 Himanshu : today are they cloisng early..
14:43 Anubhav : nahi algo attack
14:43 Himanshu : Kejriwal is planning Investors protest in Delhi
14:43 Govind : Anu, do algos come in at a set time every day?
14:44 Himanshu : Jantar- Mantar
14:44 Anubhav : yes goving plus minus 5 min varience
14:44 Shai : upmoves are not sustaining right?
14:44 Himanshu : Govind Algo niche lejayega
14:44 Shubro : told ya Himanshu
14:44 Anubhav : see
14:44 Shubro : 🙂
14:44 Anubhav : dpoc gone
14:44 Anubhav : algo jinabd
14:45 Shubro : spike spiky?
14:45 Shubro : mike the spike coming?
14:45 Himanshu : If crude crash – Govt will increase 1 rs Excise again and saved money will be saving markets ?
14:46 Shai : 0’s again
14:46 Shubro : spot lower
14:46 Shubro : or loweringgg
14:46 Shai : 11203 coming
14:46 Shubro : 28800 coming?
14:46 Anubhav : dpoc to ibl in 1 bar
14:46 Shubro : charts stucck?
14:46 Shubro : not now…..
14:49 Anubhav : kama ke nikal gaye saale
14:49 Anubhav : lol
14:50 Anubhav : lagta hai pehle cover order daala hoga and then fir hsort kiya hoga
14:50 Shai : anyone has an update on a supposed SEBI circular banning fuinding against securities?
14:50 Shubro : BNFchal le last station baki hai
14:51 Anubhav : max pain in nf 11300 or 11200?
14:51 Gaurav : that’s another bad step if true
14:52 Shai : would be
14:52 Jitender : 11300
14:52 Anubhav : thnx
14:52 Shai : I thought it was a rumor yesterday but hearing from diff sources now
14:52 Shai : still don’t know much
14:53 Anubhav : another quicky
14:53 Shai : would be like a hot knife through butter if they do it
14:53 Himanshu : That could be on Share pledge by promoters
14:53 Jitender : Shai….do u c selling over the series ?
14:53 Jitender : balance till next thruday ?
14:53 Himanshu : cause each bank has list of securities on weekly close basis – rating and like DHFL types are not given loan against
14:53 Shai : open below 11250 tom can see more selling
14:54 Shai : else neutral
14:54 Shai : 11250 spot is my positional marker next few days
14:54 Anubhav : howz aug for the day?
14:54 Gaurav : August cot is 7.5 L green, and Jul >10L
14:54 Jitender : tx
14:54 Anubhav : cot*
14:54 Jitender : Shai
14:54 Himanshu : Ok,,
14:54 Shai : 11030 expected tom itself if we are below it
14:54 Shibu : climax
14:54 Govind : Shai, anything we can carry overnight?
14:55 Gaurav : hopes
14:55 Shai : 🙂
14:55 TP : +1 I was thinking about a scare for 11k pe writers
14:55 Shubro : lol
14:55 Shai : carry an Aug 10000 put
14:55 Shai : 11000*
14:55 Govind : ok
14:55 Govind : thanks
14:55 Shubro : good one SHai
14:56 Shai : low is not secure
14:56 Shai : we have to go lower
14:56 Shubro : both?
14:56 Shai : yes
14:56 Shai : BNF can drop real fast to 27600
14:57 Shubro : holy moly
14:57 Shubro : so bad
14:57 Shai : there is a big hole below 28890
14:57 Shubro : hmm
15:00 Shubro : game over for today?
15:00 Anubhav : algo 2
15:00 Anubhav : coming up
15:00 Shubro : hehe Anubhav
15:00 Shubro : sahi
15:01 Anubhav : above dpoc again aaj dumm hai buyers me
15:02 HPandey : no short covering shai ?(14:56) Shai : low is not secure
15:02 Anubhav : koi inside news to nahi aani postive after mktcose?
15:02 Anubhav : close
15:02 Anubhav : inspite of weak technical too much greens today
15:03 Prudhvi : rolls
15:04 Anubhav : 3.05
15:04 Anubhav : seems up
15:05 Shubro : chalo algo here no?
15:05 Anubhav : time to ho gaya
15:07 Anubhav : vix fell today
15:07 Jitender : worst july series since 2000 so far
15:07 Jitender : as per tv
15:07 HPandey : shai ?(15:02) HPandey : no short covering shai ?(14:56) Shai : low is not secure
15:09 Shai : drop is on long liquidation
15:09 Shai : hence no short covering seen
15:09 Govind : +1
15:11 HPandey : ok shai
15:14 Sandy77 : Shai, BNF range for expiry tom ?
15:14 Rushabh : shai another day of huge positive cot in both series any comments on this
15:15 Shubro : this can go any way tomorrow now no Shai?
15:16 Shubro : Govind last trade negative small thought would crack lows 🙁
15:16 Shubro : end of day
15:17 Shubro : chalo overall blessed day
15:17 Shai : BNf still weak
15:17 Himanshu : Chief – these series of greens in NF are they booking profits of Shorts or new fresh longs are created here
15:17 Shubro : Thanks Naren, Jit, Govind and TP
15:17 Shai : headed lower
15:17 Shai : rolls Himanshu
15:18 Shai : and hedges
15:18 Govind : Shubro
15:19 Govind : Bye man
15:19 Shubro : bye bro
15:19 Shubro : speak soon
15:19 Govind : Cheers
15:22 Shai : Bye all
15:22 Shai : Have a nice evening. Catch up tom
15:22 Anubhav : bye
15:23 AmitJ : bye all
15:23 Anubhav : still have a feeling we can get some new after close
15:23 Anubhav : positive likely
15:23 Anubhav : coz of buying happenin after 3pm
15:24 Anubhav : news*
15:24 AmitJ : anu this is happening from last 3 days after 3.15 pm isn’t it ?
15:25 Govind : Could be intra SC right?
15:25 Anubhav : maybe
15:25 Anubhav : lets see
15:25 Anubhav : sc at day highs
15:25 Anubhav : weird
15:27 Anubhav : big numbers plus price moving up with it also
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Govind : Bye guys
15:28 Himanshu : Bye all
15:29 Himanshu : Thanks for being there,,
15:29 Gaurav : last 15 minutes is MIS guys squaring off anubhav, 6 hours of action closing in 15 minutes, would always be big volume
15:29 Anubhav : yes yes likely
15:30 Anubhav : close is above dpoc n vwap tho
15:30 Anubhav : lets see tomorrow take care