Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of OrderFlow trading.
NF
BNF
Room Chat
10:26 Shai : (10:26) Shai : Trade- Buy 11800 call at 55- 56 sl of 36 tgt 92
11:10 Shai : (11:10) Shai : 11800 ce at 69. Book half here and ride some at cost
12:18 Shai : (12:18) Shai : Update – Book the 11800 call fully at 78 cmp .
12:22 Shai : (12:22) Shai : Intra – Buy BNF 30850 sl of 30730 tgt 31050
12:41 Shai : (12:40) Shai : Maintain a sl of 30705 for the BNF long trade
12:52 Shai : (12:51) Shai : BNF book half at 30955 . Raise cost to cost on resr
12:59 Shai : (12:59) Shai : BNF 31023 near tgt . Booj full
14:09 Shai : (14:09) Shai : Trade – Buy and hold 11900 call at 72 sl of 52 tgt 106/ 136
14:38 Shai : (14:37) Shai : scratch out the 11900 call near 71 . we won\’t carry
15:07 Shai : (15:06) Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional
09:03 Shai : GM all
09:03 Amjad : gm
09:04 Rahul Desai : GM all
09:05 Anubhav null : gm
09:05 Anubhav null : plr up.today?
09:07 Ashutosh : Gm all
09:08 Shai : https://vtrender.in/market-profile-analysis-dated-23rd-may/
09:10 Govind : Good morning guys
09:10 Shai : 15:17 Shai : High risk long for tom sl of 11610. 15:20 Shai : tgt is 11795-11810
09:10 Shai : Imm rewward for thos ewho followed this yesterday
09:11 Govind : Exit right away Shai?
09:11 Shai : keep an eye on the mid cap – small cap space for the next one week
09:11 Shai : if we get upricks then that is the area which should run now better than large caps
09:11 Suyog : gm all..
09:14 Himanshu : Hi Good Morning all
09:16 Thanika : GM all
09:17 AN : GM all
09:17 Shai : done 11788- (09:10) Shai : 15:17 Shai : High risk long for tom sl of 11610. 15:20 Shai : tgt is 11795-11810
09:17 Shai : if in book
09:17 Govind : Yes, booked
09:18 Govind : Thanks Shai.
09:18 Govind : Vix at 17.4
09:19 Govind : Will vwap hold?
09:19 Shai : key was that last 40 mins COT . On event day it ihas 85% accuracy
09:21 Anubhav null : thnx
09:24 Shai : open in spike and range
09:24 Uttam : Good Morning All 🙂
09:24 Shai : expected supply 11790- 11810 zone again today
09:25 Uttam : yet another day when Neutral Extreme not giving a follow through plus we had the COT confirmation at close yesterday
09:25 Shai : bullish for a quick 100 if crossed
09:25 Shai : +1 Uttam
09:27 Uttam : a) Immediate resistance is at 11715-722 above which NF can tag 11750-759 & 11778-788
09:27 Uttam : High in NF so far 11788.8
09:28 Suyog : guys, the June options chart are also plotting now on mplite.. 45DTE logic applied on monthly options now.. please check that out..
09:28 Shai : +1
09:29 Uttam : super Suyog 🙂
09:29 Uttam : big writing in 11700pe looks like
09:34 Seema : (09:29) Uttam : big writing in 11700pe looks like………..Will act as SUPPORT?
09:36 MJ : Shai can we go back to mb being in focus on the room real estate?
09:37 MJ : Only if everyone is in agreement to that setup.
09:37 Anubhav null : some rb happening
09:37 Uttam : yes some reds getting stuck at lows
09:37 Anubhav null : in this candle
09:38 Shubro : 11600 PE seeing volumes?
09:38 Uttam : but looks like they getting some support?
09:38 Shubro : GM all
09:39 Shai : 11667 is the supp
09:39 Rohit : @shai there is prob with openinig option chats thru joinme
09:39 Uttam : yes blank screen in options Shai
09:41 Thanika : @Uttam: What does that pink band means in NF at lows? I remember seeing them at high only so far
09:41 Shai : better?- (09:39) Rohit : @shai there is prob with openinig option chats thru joinme
09:41 Uttam : 43k green in NF stalling the move lower
09:42 Uttam : tight at support of 11695
09:42 Rohit : @shai ..thanks! now it can bee seen
09:42 Uttam : b) Staying below 11695, the auction can move to 11660-650 & 11620
09:42 Uttam : 11696 low & RB right above it
09:43 Uttam : the pink band has just a 1575 red so can ignore Thanika
09:44 Uttam : the band has come as 0 in the buyer side
09:44 Thanika : ok, thanks, Uttam 🙂
09:44 Uttam : check the numbers when you see any green/pink band
09:45 Thanika : will do. The pink/green band comes when the imbalanc is beyond certain ratio?
09:45 Uttam : yep
09:46 Uttam : and against 0 ratio becomes infinite 😉
09:46 Uttam : we have a green back at top on 5min too but again just a 1125 buyer
09:46 Uttam : band*
09:48 Thanika : ok, thanks, and this imbalance for colour is calculated diagonally i assume (and not horzontally)
09:48 Govind : Suyog, what would you consider as a normal Vix range, 12 to 16?
09:48 Anubhav null : vwap test coming
09:48 Uttam : yes
09:49 MJ : Yes Thankia.
09:49 Uttam : 11738 on watch in NF
09:50 Madhu : good morng to all
09:50 Suyog : Govind, depends on the market.. 12-14 was normal for almost a year or 2.. but in big pic, 12-19 i think is historically the range..
09:51 Govind : Ok Suyog, thanks.
09:51 Suyog : Shai could comment better about it though..
09:54 Uttam : 20k red at vwap
10:01 Hari : Shai, can we get back to original scheme of moving 30 mins to the last pane, if Jit is ok with that
10:03 Uttam : (09:49) Uttam : 11738 on watch in NF(09:54) Uttam : 20k red at vwap
10:03 Hiren : 11650 coming?
10:03 Uttam : NF made high of 11733
10:03 Uttam : 11695 needs to break & sustain
10:08 Govind : Plenty of single prints below 11640 Uttam
10:08 Govind : Could do 100 points if volumes are there
10:10 Uttam : large IB in both
10:11 Uttam : plus A period singles at top
10:11 Uttam : however volumes on the lower side
10:11 Uttam : needs to get out of pday range
10:12 Uttam : else could form a ‘b’ profile
10:16 Anubhav null : hmm
10:20 Anubhav null : greens r back
10:21 Hari : Shai, u t
10:23 Shai : yes
10:24 Shai : 11678 lows with RB lower – (09:39) Shai : 11667 is the supp
10:25 Hari : 10:01 Hari : Shai, can we get back to original scheme of moving 30 mins to the last pane, if Jit is ok with that
10:25 Hari : thanks for the change Shai
10:26 Hari : Looks quite nice now
10:26 Shai : Trade- Buy 11800 call at 55- 56 sl of 36 tgt 92
10:27 Shai : +1 @Hari
10:27 Shai : This CE will boom up abv 66
10:27 Shai : till them it is rotational
10:29 Shai : New auction in the NF from today as it gauges the impact of the news of yesterday
10:29 MJ : Thanks shai.
10:29 Shai : we are in the composite of april still
10:29 MJ : For that mb. @hari too for pushing 🙂
10:29 Shai : 11650 spot is still the number for the series as well as the next one
10:30 Uttam : +1 Shai
10:31 MJ : 30 min OF needs small adj?
10:32 Hari : +1 MJ, the joy of trading the MD with 5 mins OF next to it 🙂
10:32 Suyog : Shai, looks like rollovers also happening?
10:32 Boppanna : Shai view on BNF pls
10:32 Hari : *MB
10:33 MJ : Classic on those OAIR days @Hari
10:33 MJ : Copyright that MB chart Shai 🙂
10:34 Shai : yes time for rolls
10:34 Thanika : +100 (10:33) MJ : Copyright that MB chart Shai 🙂
10:40 Shai : crosses vwap we go staright to 11788
10:41 Thanika : waiting for that Shai 🙂
10:43 Uttam : BNF needs to overcome couple of RS here
10:43 Uttam : NF is looking good for upside
10:45 Uttam : again getting seller at vwap NF
10:45 Uttam : last time it was 20k this time 11k with 17k green stuck
10:46 Uttam : C making an inside bar in both
10:46 Uttam : lets see if D has any intention to move out
10:47 MJ : Some late buyers waitng for rescue in that 725 730 zone too uttam.
10:47 Anubhav null : yesterday also d cbanged the trend
10:48 Uttam : yes Anubhav & after a huge IB range it was expected that C could fail but instead C was bullish & D failed
10:52 Uttam : 11738 needs to taken out
10:52 MJ : LVN there uttam?
10:53 Uttam : morning IS
10:53 Uttam : plys singles of A period start from 11733
10:55 Uttam : greens at vwap
10:55 Uttam : trifecta too
10:56 Thanika : good omen for up?
10:56 Uttam : good omen already started when Shai gave that 11800CE call 🙂
10:56 Thanika : Yes, true, i am long with that! 🙂
10:57 MJ : Uttam that 11722 playing good pivot last few sessions.
10:59 Uttam : yes MJ this 11715-722 zone attracting good volumes
10:59 Shai : BNF is too coiled
10:59 Shai : is not allowing space to expand
10:59 Shai : unless volume expands of coirse
10:59 Shai : course*
10:59 Uttam : yes Shai
11:00 Uttam : (10:43) Uttam : BNF needs to overcome couple of RS here
11:00 Shai : watch that volume tab velow – if it increases to dark blue we may have OTF
11:00 Uttam : NF into the morning singles
11:01 Uttam : 11738.2 high in NF so far, supply getting absorbed looks like
11:01 Uttam : greens
11:03 MJ : Shai slight change of hue in the vol tab of 5 min bar denotes vol ex?
11:03 Uttam : vols inceasing
11:03 Shai : yes- (11:03) MJ : Shai slight change of hue in the vol tab of 5 min bar denotes vol ex?
11:03 MJ : Like earlier days when the entire bar used to be marked with a opaque layer?
11:04 Shai : gets darker
11:04 MJ : nifty feature. Thanks.
11:04 Shai : key is to watch it at vwap bands
11:04 MJ : Yes.
11:04 Shai : if it keeps getting darker vwap band will stretch
11:04 Uttam : last 5min bar had1.5L vols
11:04 Thanika : @Uttam: is that 24K in NF, RB
11:04 Uttam : highest of last few bars
11:05 Uttam : NF boom
11:06 Shai : upper MB
11:06 Shai : 11732 a supp now’
11:07 Uttam : 11800ce at 66
11:08 Govind : RIL showing some giddyup
11:09 Shai : vol is good
11:10 Uttam : 2.4L on 5min in next bar NF
11:10 Uttam : 11750 looks like IB
11:10 Shai : 11800 ce at 69. Book half here and ride some at cost
11:11 Shai : samll pink band in that CE
11:11 Shai : but can buy the dip agaoin
11:14 Uttam : BNF getting big vols
11:15 Uttam : on 30mins both NF & BNF gave IB at 11702 & 30660
11:16 Uttam : last bar RS at 11750 & 30770
11:16 Uttam : easy 50 & 100 points
11:16 Uttam : just need to spot these 4 concepts in OF
11:16 MJ : +1 uttam
11:17 MJ : and mb gives us where to focus on possiblity of them coming in.
11:17 Uttam : 11695 was a hvn & now we are at the other hvn of 11745
11:19 Uttam : a) Immediate resistance is at 11715-722 above which NF can tag 11750-759 & 11778-788
11:19 Uttam : NF did first part of this hypo…high in this bounce 11758.8
11:19 Thanika : Are you referring this n 30mins chart? (11:16) Uttam : last bar RS at 11750 & 30770
11:20 Uttam : yes Thanika
11:20 Govind : +1 Uttam
11:38 MJ : break that 11765 now nf. enough.
11:39 Thanika : @Uttam: In the 30mins chart, what does the purple lines indicate?
11:42 Uttam : those arte hvns I guess Thanika, will need to confrim with Shai once though
11:43 Anubhav null : here goes
11:43 Govind : 50k green
11:43 Govind : wow
11:44 MJ : Anubhav saw that dip just came to 11732? mb yellow zone high 11733
11:44 Hari : that is buy abv open price. trapped
11:45 Shai : held and 100 up- (09:39) Shai : 11667 is the supp
11:45 MJ : +1 chief.
11:45 Govind : +1
11:45 Shai : 11770- (10:40) Shai : crosses vwap we go straight to 11788
11:45 MJ : 3 meaty trades for the day.
11:45 Shai : 11745 supp for day now
11:45 MJ : Thanks shai.
11:46 Shai : big one is still abv 11790- 11810 in second half
11:46 Shai : maybe near close
11:46 Thanika : awesome, Shai!
11:46 Himanshu : boom
11:46 Shai : steady buyers in the 11800 call
11:47 Shai : those big guys near 50 tilted the tape
11:47 Shai : see the COT in the 11800 call
11:47 Uttam : +1 Shai can get the SL below 60 in that CE now?
11:47 Uttam : 64 seems good sup?
11:51 Devendra : 8-+18+.2473
11:53 Shai : 53 k buyer is there 11765
11:53 Shai : fairly late in the move
11:53 MJ : 40200 in next 5 min too.
11:53 MJ : is he a buyer as well?
11:55 Anubhav null : vwap test coming i guess
11:57 Uttam : a) Immediate resistance is at 11715-722 above which NF can tag 11750-759 & 11778-788
11:57 Uttam : playing out
11:59 Uttam : BNF got a RB at vwap
12:00 Uttam : RE coming?
12:00 Uttam : in NF
12:00 MJ : Get yvwap uttam? 🙂 1.5 ib is good too.
12:00 Anubhav null : will tag 11826 if high breaka
12:01 Anubhav null : trying hard
12:01 Anubhav null : reds missing still
12:01 Hiren : excellent buy call shai.. exited fully..
12:04 Uttam : Shai chance of 3 figures in that CE 😉
12:04 Hari : Shai, do you attach any importance to the excess at the top in both yesterday or was that just an event day phenomena
12:05 Uttam : Hari there was no excess as in no singles at top, smart buys bought at open & booked out so trapped late longs had to puke I feel
12:06 Uttam : but yes that 11870-880 imp ref to be taken out for upside
12:06 Uttam : shorts getting squeezed out today looks like?
12:07 Anubhav null : wow
12:07 Govind : big greens
12:07 Uttam : COT 3L
12:07 Anubhav null : sux
12:07 Anubhav null : such big numbers
12:08 Uttam : 11811 first ref on watch
12:08 TP : GA all.
12:08 Uttam : wassup Tej 🙂
12:08 MJ : GA tej 🙂
12:08 TP : Uttam in your city.
12:08 Uttam : yes Sir, looking forward to meet you soon
12:08 TP : same here.
12:10 Uttam : that 11800ce high so far 88.8
12:10 MJ : Ouch.
12:10 TP : ib extension right when i log in.
12:10 Uttam : you did it Tej 😉
12:10 Hari : Hi Tej
12:10 TP : got that ce aroung 11.34 for 60 odd i guess .
12:10 Uttam : 30800 has a 16k buyer in BNF
12:10 Uttam : cool
12:10 TP : Hi Hari.
12:11 Hari : Missed u r commentary yday a lot
12:11 Uttam : just raised the tsl in that to 69
12:11 MJ : That and the 46k on nf top
12:11 MJ : both late lateef.
12:12 TP : Yes Hari yesterday was a bit hectic for me …but when 11920 spot broke was a clean short.
12:12 Himanshu : Uttam – Hari – BNF volume is good today – reminds me of last friday ..
12:13 Uttam : Spot still in IB
12:15 Anubhav null : buyers stuck
12:15 Hari : gonna be fryday I guess, both sides
12:16 Hari : OTM CEs and PEs are nearly OH
12:16 Anubhav null : false break
12:16 Uttam : probabale FA at top in NF
12:17 Anubhav null : yup
12:17 Anubhav null : reds r back
12:18 Shai : Update – Book the 11800 call fully at 78 cmp .
12:18 Shai : day high was 88 against tgt of 92
12:19 Sandesh : hiiiiiiiiiii
12:19 Shai : decisive phase for close up now as this expected supply enters- (09:24) Shai : expected supply 11790- 11810 zone again today
12:20 Uttam : hey Sandesh….wassup 🙂 long time
12:20 Shai : Today’s close
12:20 Sandesh : 🙂
12:20 Shai : today’ buyers v/s yesterday sellers
12:20 Uttam : BNF turning on into beast mode looks like
12:21 TP : Shai if this zone 790-810 crossed upside objective.
12:21 Uttam : 11832 small hurdle else 11870-880 coming Tej
12:22 Shai : Intra – Buy BNF 30850 sl of 30730 tgt 31050
12:22 TP : tks Uttam .
12:22 TP : still holding that ce half qty.
12:23 Shai : +1
12:23 Shai : 11895- (12:21) TP : Shai if this zone 790-810 crossed upside objective.
12:24 Shai : yesterday’s second half MB
12:24 TP : Tks chief need to gather beer monry for Uttam 🙂
12:24 Shai : 🙂
12:24 Shai : Uttam likes Australian 🙂
12:24 Rushabh : MB shai?
12:24 Uttam : Yes Shai 🙂
12:24 TP : Woww , tks for the update Chief.
12:26 Shai : 🙂
12:26 Shai : That small zone abv 810 yesterday where we held all afternoon- (12:24) Rushabh : MB shai?
12:27 Rushabh : Oh
12:27 Rushabh : shai could you reply on the stocks?
12:27 Shai : 11800 ce – http://mplite.vtrender.com/?symbol=O_NIFTY11800CE20190530&startDate=07-05-2019&nDays=8&tpo=1
12:29 Shai : That compos is royghly abv the L highs of yesterday- http://mplite.vtrender.com/?symbol=NIFTY&startDate=14-05-2019&nDays=8&tpo=2
12:38 Himanshu : vwap test – Uttam ?
12:40 Shai : Maintain a sl of 30705 for the BNF long trade
12:45 Shai : one time frame up still steady in NF
12:46 Shai : from C
12:48 Shai : BNf wanting to poull away
12:48 Shai : cmon
12:48 Boppanna : Get above 900
12:49 MJ : Series poc does it again 🙂 (11:38) MJ : break that 11765 now nf. enough.
12:51 Shai : BNF book half at 30955 . Raise cost to cost on resr
12:52 Boppanna : +1 Shai
12:52 Shai : 100 plus and some reds from here – (12:48) Shai : BNf wanting to poull away
12:52 Shai : just pure #orderflow
12:52 Sandip : +1 Shai
12:52 Azmath : +1 Shai
12:52 Govind : +1
12:53 Devendra : +1
12:53 Shai : 31050 is doable . hold some
12:54 MJ : +1 shai thanks.
12:58 Uttam : (12:20) Uttam : BNF turning on into beast mode looks like
12:58 Govind : boom
12:59 Shai : BNF 31023 near tgt . Booj full
12:59 Uttam : super call Shai 🙂
12:59 Himanshu : Chief +1000
13:00 Himanshu : Great call
13:00 Shai : Cheers
13:00 Shai : NF for 11890
13:00 Jayanth : 🙂
13:00 Boppanna : Neat trade Shai
13:00 Govind : Booked at 31060
13:00 Govind : Thanks Shai!
13:00 Shubro : what a trade Shai +1 i just got abck to desk and DT done
13:00 Uttam : first time traded BNF and 30851 to 31068
13:01 MJ : Cheers! Uttam.
13:01 Uttam : (12:20) Uttam : BNF turning on into beast mode looks like…the signals were here
13:01 MJ : 3 short of 1.5 ib (12:00) MJ : Get yvwap uttam? 🙂 1.5 ib is good too.
13:01 MJ : done
13:02 Shai : still one time frame up
13:02 Uttam : e) If BNF sustains above 30950, the auction could tag 31030-50 / 31090-105 & 31165
13:02 MJ : +1 yes shai
13:02 Shai : MB chart catched it nicely
13:02 MJ : 11680 dot.
13:02 MJ : 🙂
13:02 Shai : 11805 sl of buyers
13:02 MJ : Love that mb.
13:02 Uttam : @Hari this is why was saying not that bearish yesterdays upmove failure
13:02 Shai : BNF can heistate here at 31050
13:03 Boppanna : Congrats Uttam 13:00 Uttam : first time traded BNF and 30851 to 31068
13:04 Shai : Nice .
13:06 Sandip : sellers in NF are there..but not strong enough…
13:06 MJ : Yes sandip 29700 on top
13:07 MJ : 11842 level.
13:07 Uttam : thanks Bops & Shai, till now used to trade only on options but was not able to get the full moves
13:07 Uttam : and futures much easier to manage
13:09 MJ : Price has been probing yvwap levels on both sides since last few profiles.
13:09 MJ : Won’t be surprised if we do again 🙂
13:09 Boppanna : 160 test coming in BNF?
13:10 MJ : Geddit!
13:10 Uttam : yes 31165
13:10 Uttam : above it 31235-250
13:10 Boppanna : 330
13:10 Uttam : yes next zone 31310-340
13:10 Shai : BNF has big upsides
13:11 MJ : Aye shai.
13:11 MJ : 218
13:11 Govind : HDFC twins and RIL are surging
13:11 Shai : parabola
13:11 Uttam : 31235-250 / 31310-340 / 31395 / 31440 / 31510-536 / 31600 / 31665 / 31735
13:11 Shai : buy 32000 call if liquid
13:11 Uttam : levels in BNF to watch
13:12 Shai : parabola tgt is 32034
13:12 Uttam : +1 Shai 32013 was my last in the sheet 😉
13:12 Anubhav : RS IN NF
13:13 Uttam : 2L vol in 5min BNF
13:13 Govind : Not available Shai
13:13 Govind : Outside allowed range
13:13 Uttam : wait for sometime Govind, it will com in range 😉
13:15 Uttam : NF getting to that 11870-880 zone
13:15 Jayanth : can we buy 31500 ce BNF ??
13:16 Boppanna : Shai big buying in 31500?
13:18 Boppanna : 31000pe at yesterdays lows hence the pause
13:20 Shai : haevn’t plotted these BNF options cos of the voltility
13:20 Shai : so don’t have levels
13:20 Shai : roughly 31040 is now a supp +/-
13:20 Shai : and if auction stays abv has legs for 1000 in it
13:20 Shai : 2 days hold
13:20 Shai : avoid below 31040
13:24 Boppanna : COT -84k in last 30 min BNF
13:25 Hiren : heard news that ex FM no more
13:25 Uttam : AJ?
13:25 Uttam : no wonder he was not there in any public pics recently of BJP meets
13:26 Shai : this dip should be bought
13:26 Uttam : yet another prime leader of NDA gone because of health reasons
13:26 Shai : let’s see
13:26 Shai : is a PBL scenario acc to #marketProfile
13:26 Shai : 11795 supp
13:26 HPandey : whats PBL shai?
13:26 Uttam : (13:10) Uttam : above it 31235-250….BNF high 31248.4
13:26 Uttam : pull back low
13:26 HPandey : ohh yeah…
13:27 Uttam : 30896 is the ext handle in BNF
13:27 Shai : who? – (13:25) Hiren : heard news that ex FM no more
13:27 Uttam : Arun Jaitley?
13:27 Jayanth : no news yet
13:27 Uttam : but he has been missing from public view since long
13:28 Hiren : yes AJ
13:28 Sandip : bought some at 11820..lets see
13:29 Hari : fav set up, NF 1.5 IB fail 🙂
13:29 Jayanth : @Shai BNF hold r exit ???
13:30 Himanshu : Uttam – 31165 0 30995 – contra trade
13:30 Himanshu : first time in life in BNF F
13:30 Shai : quit- (13:29) Jayanth : @Shai BNF hold r exit ???
13:30 Jayanth : okay TY
13:31 Shai : no greens let’s review near 30860
13:31 Anubhav : that big seller at top made money
13:32 Shai : BNF 🙁
13:33 Sandip : I too got out 5 pts below cost
13:34 Sandip : options taken a slight turn from top in nf
13:35 Anubhav : ywap holding in bnf
13:35 Anubhav : maybe 1 more rise
13:39 Sandip : Nf looks like it cud go for 11770 near vwap..unles buyers come up again
13:44 Govind : BNF 30 min bar turned into a RB
13:46 Shubro : yes going up Govind
13:47 Govind : Hi Shubro
13:48 Anubhav : reds again
13:48 Anubhav : in nf
13:49 Shubro : Hey Govind this is turning to be important area for BNF
13:50 Anubhav : momemntum stopped
13:50 Shubro : yeah stopped
13:52 Shubro : resting here
13:52 Sandip : Uttam, why is there a big red horizontal bar in NF in orderflow..that bar has more buyers, it shud be green? what does it mean?
13:52 Shubro : small sell vols only
13:52 Anubhav : cot has dropped
13:52 Anubhav : high done looks like
13:52 Anubhav : in nf
13:52 Shubro : 11803 important to hold
13:54 Sandip : @ Uttam, Shai?
13:54 Sandip : at 11815
13:55 Thanika : @Sandip: Uttam explained inthe morning, and we can ignore that
13:55 Thanika : this pink bar is due to the buy vol diagonally is zero
13:56 Sandip : oh ok, srry i was not there in the morning. Thanks Thanika.
13:57 Thanika : i am not sure, what is the ratio thoiugh to get that pink. It is definetly imbalance at the horizontal as well.
13:59 Sandip : ok np
14:00 Shubro : i think this will fall now
14:02 Sandip : Yes Shubro, not many buyers have come back in at the moment..lets see what happens in next 45 mins
14:04 Shubro : oops
14:04 Amit : now they came
14:05 Thanika : looks like one more bout of distribution!
14:05 Uttam : hi Sandip sorry was away from screen, is that pink bar still visible?
14:06 Shai : 11820 supp now is going to 11890/ 11960
14:08 Sandip : Short covering that last 5 mins bar in nf
14:09 Shai : Trade – Buy and hold 11900 call at 72 sl of 52 tgt 106/ 136
14:09 Sandip : No worries Uttam, now not there 🙂
14:09 Shai : may have to hold till Monday
14:09 Uttam : next time it comes will check & let you know but most of the color codes are for indicating imbalance
14:11 Sandip : ok got it
14:14 Sandip : First profit booking cleans out the long retail Stoplosses….now short covering..did the same to sellers stoplosses 🙂 circus full on 🙂
14:15 MJ : +1 S
14:16 Shai : (13:26) Shai : this dip should be bought(13:26) Shai : let’s see(13:26) Shai : is a PBL scenario acc to #marketProfile(13:26) Shai : 11795 supp
14:17 Shai : went to 11789
14:17 Shai : that’s why always use Market Profile with the Orderflow
14:17 Thanika : very nice.
14:17 Shai : and people think looking at bid and ask prices is the Orderflow
14:18 Thanika : what is PBL Shai?
14:18 Sandip : Shai PBL =?
14:18 Shai : pull back low
14:18 Sandip : Thx
14:18 Thanika : ha ok! 🙂
14:18 Shai : looking for one sweep up to 11890
14:18 Shai : if market behaves even 11960 by close
14:18 Uttam : Amen Shai 🙂
14:18 Shai : sl 11820 thought 11790 is for the swing now
14:19 Uttam : poor highs in NF need to be addressed
14:19 Uttam : one more ext handle there please
14:20 Hiren : where is downside VPOC of NF?
14:20 Shai : 11785
14:20 Hiren : ok thanks\
14:22 Uttam : trifecta in NF
14:22 Shai : yes this zone yesterday was very tricky 11870/ 11890
14:23 Shai : just be careful here guys
14:23 Shai : If you recollect yesterday was mentioning repeatedly 11888 as supp post A
14:24 Anubhav : calls not making new highs
14:24 Uttam : fresh BO can come then
14:24 Shai : That AJ news is every where now
14:25 Uttam : but no official announcement right?
14:25 Shai : yes precisely
14:25 Shai : I don’t undertand how someone’s passing away is a breaking news . Let the news come
14:25 Uttam : guess its a rumour based on the fact he is not been seen
14:26 Uttam : he was not there yesterday also
14:26 Jayanth : news is governor is admitted to aims
14:26 Uttam : may be undergoing treatment
14:27 Gaurav : he was in twitter yesterday,,
14:27 Uttam : twitter he is active
14:30 Jayanth : yes AJ it is
14:30 Jayanth : may fly to london for treatment
14:32 Shibu s : i think next one will be swamy…….and NF is murmering om nama sivaya
14:32 Anubhav : close at vwap uttam wt say?
14:32 Anubhav : nf
14:33 Uttam : the last hour starts on a Friday 🙂
14:33 Uttam : expecting a close at hgihs Anubhav, lets see
14:34 Uttam : need to take out that 11870-880 zone thoguh
14:34 Uttam : 10mins for this bar to close
14:37 Shai : call decays coming in
14:37 Shai : scratch out the 11900 call near 71 . we won’t carry
14:38 Deepak : theresa may resigned
14:38 Shai : is losing premium quickly
14:39 Shibu s : bullish…14:38 Deepak : theresa may resigned
14:42 Anubhav : cot going down
14:43 Anubhav : weekend risk
14:43 Sandip : theresa may resigned so what ..dosent Namo winning count for nothing!!! xD
14:44 Anubhav : yes nf bounced from 11160 to 12000 coz of namo only…hope rally
14:45 Govind : mini boom
14:45 Thanika : Uttam: That pink band was similar to this
14:45 Shubro : dodgy bloody trade location area BNF
14:46 Govind : Near yvwap Shubro?
14:47 Shubro : ok so so but lets see where it ends wouldnt trade anymore
14:48 Shubro : cheap volumes if you get what i mean
14:48 Govind : hmm
14:48 Madhu : …..
14:49 Shubro : moonday special hoga if we hold these levels
14:49 Shubro : Madhu keyboard ka kuch kar
14:49 Shubro : 😛
14:50 Govind : Short hand
14:50 Shubro : i thot Groot dialect
14:50 Govind : 🙂
14:51 Shubro : yeh dek Govind ywap test
14:51 MJ : Shubrooo!
14:51 Govind : Yeah, it has been dancing there forever
14:51 Shibu s : some one is absorbing all the supplies
14:51 Uttam : BNF has been coiling after that BO bar
14:51 Uttam : can it finish with a flourish?
14:52 Uttam : triple inside bar it was in K period
14:52 Uttam : L still inside K
14:52 Uttam : 3:05 move coming today?
14:52 Shubro : i think it can but is there time today
14:52 Shubro : MJ banky banky?
14:52 MJ : 😉
14:52 MJ : I am with uttam on DHI.
14:52 Shubro : hmm
14:52 Shubro : letes see
14:52 Govind : Me all out
14:53 Govind : just watching
14:53 Shubro : bunny here is short
14:53 Uttam : reds in NF
14:53 Uttam : trifecta
14:53 Uttam : but at lows of the bar
14:54 Anubhav : come on now break ibh
14:54 Anubhav : louse reds
14:54 Rushabh : smallcap index above yesterday high
14:54 Shubro : crap
14:54 MJ : Yeah rushab.
14:54 Anubhav : failed again
14:54 MJ : Rushabh*
14:55 Shubro : looks like distribution now in this upper zone
14:55 MJ : yvwap is at 11878 we did 11874 so far. now just close at highs please. (12:00) MJ : Get yvwap uttam? 🙂 1.5 ib is good too.
14:55 Rushabh : amazing shai for pointing out in the morning
14:55 Shubro : for BNF
14:55 Rushabh : superb
14:56 Uttam : told ya Mihir 11870-880 imp zone to cross
14:56 Uttam : big fight on here
14:56 Shubro : BNF POC close
14:56 MJ : Yes uttam 🙂
14:56 MJ : Tug of war?
14:56 Anubhav : hehe
14:57 Shubro : papad on
14:57 Uttam : 7 more mind
14:57 Uttam : mins
14:57 Sandip : why 7 Uttam?
14:57 Anubhav : gimme red!
14:57 Uttam : 3:05 many times a move starts which goes into the close
14:58 Rushabh : break of what on NF will be bad for bulls uttam?
14:58 Uttam : 2:45 normally is the spike time but if we dont leave an ext handle then can look at 3:05
14:59 Sandip : ooh good to know
14:59 Sandip : I too am looking for a spike
14:59 Himanshu : chart gone chief
14:59 Uttam : Jit had told me this once so observing from then
14:59 Govind : Charts fine HImanshu
14:59 Uttam : chart there Himanshu
15:00 Shubro : i call it spike lee fast and furious
15:00 MJ : Decent COT after yesterday.
15:00 Uttam : BNF also looks like the shorts in that move up have covered?
15:01 MJ : Guys observing COT. My observation is Rate of change in COT on 30 gives lot of clues.
15:02 Sandip : quite a bit of short covering and profit booking in the 11860-11800 zone…options pointing slightly up..after that initial dip..lets see
15:03 MJ : Aye aye aye!
15:04 MJ : yvwap tagged phew.
15:04 MJ : Good to be aligned with Uttam’s view.
15:04 Shubro : done 2DT
15:04 Govind : Nice
15:05 Shubro : please change to my mood from yest
15:05 Shubro : pleasant change *
15:05 Govind : Me too
15:05 Shai : too late this move
15:05 MJ : Great going Shubro and Govind.
15:05 Govind : Boom
15:05 MJ : Cheers.
15:05 MJ : Yes shai.
15:05 Shai : could have come a bit earlier
15:06 Sandip : phew
15:06 Rushabh : shai monday looking positive?
15:06 MJ : Shubro banky banky 🙂 (14:52) Shubro : MJ banky banky?
15:06 Shubro : banky now wanky
15:06 Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional
15:06 Govind : ENtered BNF at 31150 dpoc
15:07 MJ : 11838 to 11887 In this move : )
15:07 Sandip : finally made some 40 points off nifty..long wait
15:07 MJ : Cheers Sandeep.
15:07 Shubro : cheers +! Sandip
15:07 Shubro : allright guys gotta run
15:07 Sandip : thx guys
15:07 MJ : That 820 trade was nice one. Sudden dip to 11790.xx was to catch sl I guess.
15:08 Govind : Bye SHubro
15:08 Shubro : done for day see you all on monday and have a good safe fun weekend!
15:08 Sandip : bye
15:08 MJ : Room won’t be here tomorrow as it is a weekend. But do message birthday wishes to Shai tomorrow 🙂
15:09 MJ : Bye shubro.
15:10 Govind : So much easier to trade today, now that the crazy circus is over MJ
15:10 Thanika : +1
15:11 Govind : Thanika, I am a newbie here myself. So, you must know how I feel 🙂
15:11 MJ : +1 govind.
15:11 Thanika : absolutely! 🙂
15:12 Shai : Duh that time of the year 🙂 when you know you get older- (15:08) MJ : Room won’t be here tomorrow as it is a weekend. But do message birthday wishes to Shai tomorrow 🙂
15:12 Shai : easier day actually yes
15:12 Uttam : hey Shai we want a party 🙂
15:12 Shai : did mention yesterday to take it easy and let it pass
15:12 Govind : Shai, I stopped ageing since the night of the millennium 🙂
15:12 Uttam : Tej & me are planing to meet anyways and we have a good reason to celebrate too 🙂
15:12 Thanika : Uttam, we need to give party to Shai!! 🙂
15:13 MJ : Yes T.
15:13 MJ : Age is just a number Shai.
15:13 Madhu : WISH U HAPPY BIRTHDAY BROTHER .GOD BLESS U
15:13 Shai : Thank you Madhu
15:13 MJ : Uttam Some brewery plans?
15:13 MJ : Have fun both of you.
15:14 Shai : yes party anytime – there is no invite needed
15:14 Govind : address please
15:14 Govind : will have to catch a flight
15:14 Shai : 🙂
15:15 Gaurav : Happy birthday shai
15:15 Shai : Thank you guys.
15:15 Sandip : Oh Shais budday today
15:15 Shai : Birthday on a weekend after 7 years is a bllessing indeed 🙂
15:15 Uttam : Shai can carry that 11900ce or book it?
15:15 Shai : Tom
15:15 Sandip : Happy Birthday advance Shai
15:16 Suren : Many more happy returns of the day Shai! Stay blessed.
15:16 Thanika : Adv.HBD Shai! If your abbreviation style! 🙂
15:16 Shai : book -options losing money – (15:15) Uttam : Shai can carry that 11900ce or book it?
15:16 AN : Happy Birthday Shai…
15:16 Uttam : he he Shai but we will still trouble you & wish you
15:16 MJ : We will we will.
15:16 Uttam : thanks Shai will book at close
15:16 MJ : Thanks for everything Shai. Esp this beautiful VT room.
15:16 Shai : hehe
15:16 Thanika : +1 MJ
15:16 Rushabh : Have a great birthday Shai
15:17 Shai : Cheers man- I love you guys
15:17 Uttam : we all love you too Shai 🙂
15:17 MJ : I love you 3000.
15:17 Govind : Awhh!!
15:17 Govind : We love you too, man!!
15:17 Sandip : hahaha
15:17 Govind : Happy birthday!!!
15:17 Sandip : Shai is floating in butter right now xD
15:17 KK : wishing you a fun birthday Shai..lots of it
15:17 Suyog : ww, awesome.. birthday weekend! advance Happy Birthday.. 🙂
15:17 Shai : Thank you
15:18 Rajendra : WISH U MANY MANY HAPPY BIRTHDAY BROTHER .
15:18 Anubhav : happy birthday!!!
15:18 Anubhav : keep rocking!
15:18 Shai : Thank you
15:18 Amit : happy birthday sai 🙂
15:18 Shai : Now all you guys take BNF to 32000 on Monday 🙂
15:18 Manish : Shai, wish you a very happy birthday !!!
15:19 Uttam : that will be a super return gift Shai 😉
15:19 Madhu : Shai : Now all you guys take BNF to 32000 on Monday 🙂 THIS IS BIRTHDAY SWEET
15:20 Uttam : looks like 11900pe being written?
15:23 Shai : orderly day today
15:23 Shai : but auction probe is not complete
15:23 Shai : and should move to 11960
15:23 Manish : (15:06) Shai : BTST – Buy BNF positional at 31280 sl of 30940 tgt 32020. Positional; shai, that is a 700 point jump ??
15:23 Shai : let catch up next weel
15:24 Uttam : (14:33) Uttam : expecting a close at hgihs Anubhav, lets see
15:24 Shai : yes
15:24 Shai : +1
15:24 Manish : hold till next Thursday ?
15:24 Shai : yes till settlemnt
15:24 Manish : thnx shai
15:25 Shai : wc
15:25 Shai : Bye all
15:25 Shai : Have a nice evening and a good weeekend
15:25 Uttam : have a super birthday weekend Shai 🙂
15:25 Govind : Bye Shai
15:25 Sandip : Bye Shai..have a good weekend all
15:26 Govind : RBI meet this week right?
15:26 Shibu s : have a fantastic birthday shai .
15:27 Shai : Thank you guys for the wishes.
15:27 Shai : Catch up Monday
15:28 Amjad : shai happy birthday
15:29 Uttam : thanks All 🙂 have a lovely weekend
15:29 Deepak : Happy Birthday Shai
15:29 Thanika : bye all, nice weekend
15:29 Deepak : Many Many happy returnsof the day
15:30 Madhu : HAPPY WEEK END TO ALL
15:32 Krishan : happy birthday shai
15:35 Himanshu : buy all
09:56 Rushabh : shai L&TFH crossing 129 should bring 137?
10:51 MJ : Shai for a longer horizon does LT show structure to tag 1850 levels?
10:52 MJ : Looking at 3-4 month period.
11:43 Hari : Shai, pls review ICICIprulife, seems to be a stray tick at 389.95
12:19 Rushabh : shai your view on TAMO?
12:47 Shai : ltfh zone is 128- 129
12:47 Shai : intra day 129 expect big short covering if closes abv it
12:48 Shai : infact buy can bring you 150 plus in a month
13:13 Rushabh : shai sl for that would be?
13:13 Shai : LT at res if move comes with vol then 1633 next
13:18 Shai : icici pru 383 is old supply
13:18 Shai : as closing abv it and vol conf brings 434
13:19 Shai : tamo weak below 198 short trem
13:19 Shai : 188 is also supply
13:19 Shai : 125- (13:13) Rushabh : shai sl for that would be?
13:19 Rushabh : alright shai thank you
13:24 Uttam : Shai positional view on Merck
13:25 MJ : Thanks Shai.
14:56 MJ : @Shai your mention of small caps. Can we play some fundamentally sound co with levels?