Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.
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 (Aug)
BNF (Aug)
Room Chat
09:25 Shai : (09:25) Shai : Intra – Buy BNF 29100-105 sl of 29020 tgt 29220
09:34 Shai : (09:34) Shai : Book profits in BNF at 29156 cmp
10:38 Shai : (10:38) Shai : Intra- short BNF 29140 sl of 29238 tgt 28965
11:58 Shai : (11:58) Shai : BNF 29040. Book half here for +100 and ride the rest at cost
12:13 Shai : (12:13) Shai : BNF at tgt. Book fully
09:03 Shai : Gm all
09:04 Shai : https://vtrender.in/market-profile-analysis-dated-24th-july/
09:06 Lovepreet : Good Morning Everyone
09:07 Mohammed : gm
09:08 Uttam : Good Morning All 🙂
09:11 Shubro : GM
09:11 Anubhav null : gm
09:12 Bhupinder : Good Morning
09:13 Shai : 11250 SPOT still the ref line for the next swig move
09:13 Shai : intra bar will be watching ability to stay abv 11277 F july F and 28976 BNF
09:16 Shai : No response yet again to the moves in the SPX
09:18 Uttam : 11250pe OI rising
09:18 Uttam : BNF to lead?
09:19 Uttam : boom boom?
09:19 Shai : yes quick move
09:19 Shai : 29217 exp
09:20 Anubhav null : 11350
09:20 Uttam : above 11328 can get 11355
09:21 Uttam : 11328 is VAL of comp balance of 2 days
09:22 Uttam : 11300ce OI needs to start coming down
09:23 Uttam : pe OI rising in that also
09:24 Shai : one seller in Au NF
09:24 Himanshu : 11371 – Red – Exit 11300 PE given
09:25 Shai : Intra – Buy BNF 29100-105 sl of 29020 tgt 29220
09:25 Uttam : similar move like yestrday open but in opp side
09:25 Uttam : most of the move gets over in the A period these days
09:27 Uttam : (09:21) Uttam : 11328 is VAL of comp balance of 2 days
09:27 Uttam : high in NF so far 11327.65
09:27 Uttam : gets above that can do 80%
09:28 Anubhav null : waiting to trap more sellers
09:28 Uttam : initiated
09:29 Rushabh : whats the poc uttam?
09:29 Uttam : 11355
09:29 Rushabh : okay
09:33 Uttam : hypo1 completed in both
09:33 NP : 29200CE …. 41-62 … booked fully
09:33 Uttam : a) Staying above the HVN of 11275 NF can probe higher to 11296-305 & 11328
09:33 Uttam : a) BNF needs to sustain above 28975 for a move to 29050-90 & 29145
09:34 Shai : Book profits in BNF at 29156 cmp
09:34 Govind : +1
09:35 Shai : 29175 is the pullback zone of yesterday’s b
09:35 Uttam : yep above that singles till 29292
09:35 Uttam : NF going for that POC tag looks like
09:36 Govind : 29100 CE from 98 to 110. HUL August 1720 CE from 40 to 54. Great start.
09:36 Uttam : congrats Naren & Govind 🙂
09:36 NP : Congrats Govind
09:36 Govind : Thanks Uttam & Naren.
09:36 Uttam : hows the new set up Naren 🙂
09:37 NP : Fab!
09:37 Uttam : great +1
09:37 Shai : +1
09:37 Uttam : RS here in NF
09:38 Uttam : but greesn also persisting
09:38 Govind : For the first time in recent memory, all the TV guys were right in their BUY call this morning.
09:38 Uttam : good vols
09:39 Uttam : @Shai gentle reminder about putting the POC vol on 5 min OF charts
09:39 Govind : Uttam, being expiry day and all, PDLs can be tested today and also becuase lows not being secure as per Shai?
09:40 Uttam : so far we have been trending up Govind, this is a drive higher
09:40 Uttam : so let OF show the signs
09:40 Shai : sure Uttam – will add
09:40 Govind : ok
09:40 Uttam : thanks so much Shai 🙂
09:41 Himanshu : Supply in Shai’s said zone in BNF
09:41 Himanshu : and in NF also
09:41 Govind : NF F another 10 points to PDH
09:42 Anubhav null : bnf next stop 29300
09:42 Govind : BNF another 80+ points to PDH
09:42 Uttam : thanks Shai 🙂
09:42 Anubhav null : yes
09:42 Anubhav null : shorts running now
09:43 Uttam : 11300pe back above 40L OI
09:43 Himanshu : Uttam – this POC volume in 5 mts is pertaining to that 5 Mt candle POC
09:43 Govind : Great, now we have POC volume
09:43 Uttam : yes Himanshu
09:43 Uttam : 11355 here
09:43 Anubhav null : nice
09:43 Uttam : half of 80% done
09:43 Uttam : now for 11384
09:43 Himanshu : Hain
09:43 Shai : +1
09:43 Himanshu : you are BULL today,,
09:44 Uttam : OF showign bull Himanshu 🙂
09:44 Uttam : (09:25) Uttam : similar move like yestrday open but in opp side(09:25) Uttam : most of the move gets over in the A period these days
09:44 Govind : Yeah, so true
09:45 Rushabh : a period hit the vpoc 😉
09:45 Uttam : started with 11250 combo watch then shifted to 11300 now need to get to 11350
09:46 NP : we may see a swift leg down to take out weak longs
09:46 Uttam : yes one good objective of tagging that 11355 is done
09:47 Uttam : so can give a dip to vwap
09:47 Uttam : 63k seller in NF
09:47 Uttam : lets see if he can get some follow thru
09:48 Anubhav null : yest buyers booking
09:48 Uttam : one big red stuck in BNF at 29185
09:48 Govind : Suyog’s vix range done in A period in BNF 🙂
09:49 Boppanna : High 225 so far c) Above 29145, BNF can probe higher to 29190-224 & 29292-300
09:49 Govind : +1, UG’s Hypos are amazing
09:50 Uttam : _/\_
09:51 Uttam : the 2 day comp VAL for BNF is at 29275
09:51 Uttam : so above that can give another 100 point move higher to 29382
09:53 Uttam : highs not secure so far in both looks like?
09:54 Uttam : BNF boom part2?
10:01 Govind : BNF debating around 29220, Shai’s initial target this morning
10:02 Uttam : hope it does not turn out like the debate we had in the Karnataka Vidhan Sabha last week which went on for 5 days 😉
10:02 Govind : 🙂
10:02 Govind : feels that way Uttam
10:03 Govind : 18 mins gone in B period
10:03 Uttam : (09:25) Uttam : similar move like yestrday open but in opp side(09:25) Uttam : most of the move gets over in the A period these days
10:03 Himanshu : Uttam – Entry needed in BNF – what is level in C
10:03 Himanshu : test of DPOC
10:04 Rushabh : shai so yest low important now
10:04 Himanshu : eys
10:04 Uttam : 29185 immd level to watch in BNF in case of a dip
10:04 Himanshu : Ok
10:04 Uttam : and as always in a drive VWAP will be the important level all day
10:05 Uttam : but given its expiry so moves could be dictated today by the options players
10:05 NP : +1
10:08 Uttam : reds galore in NF
10:11 Anubhav null : 11300 wud be gud entry
10:13 NP : (09:46) NP : we may see a swift leg down to take out weak longs
10:13 Uttam : (09:46) Uttam : yes one good objective of tagging that 11355 is done(09:47) Uttam : so can give a dip to vwap
10:14 NP : +1
10:14 Anubhav null : 11350 call oi.rising?
10:15 Uttam : not much but the rise in pe OI has stalled a bit now
10:16 Anubhav null : hmm
10:19 Uttam : first dip to vwap being defended
10:20 Gaurav : we haven’t yet seen the big ones 3/4/5 L rollover yet, correct?
10:21 Gaurav : except the couple last week and previous friday
10:21 Anubhav null : coz kf exp we cant play by book todY
10:21 Anubhav null : wild.swinvs expected
10:22 Gaurav : so we should hover around vwap around 12-1 for those big guys to come in today?
10:22 NP : yes it’s going to be very volatile
10:22 Rushabh : 11328 supp?
10:23 Uttam : 11318 sup
10:24 Govind : Markets want to go up; but doing a mediocre job as of now
10:24 Uttam : forming a ‘p’ today both on expiry day?
10:26 Uttam : now 11300ce OI rising
10:27 Uttam : C side move into morning singles in both
10:27 Uttam : IS at 11330 in NF on 5mins
10:31 Anubhav null : nf is a buy above vwap now
10:31 Anubhav null : if it holds
10:31 Anubhav null : else.back to yest vwap
10:31 Anubhav null : lol
10:32 Anubhav null : bear attack
10:32 Shubro : bhaaago
10:32 Anubhav null : shubro was this u?
10:33 Uttam : (10:27) Uttam : IS at 11330 in NF on 5mins\
10:33 Shubro : yes shorted at top
10:33 Uttam : (10:26) Uttam : now 11300ce OI rising
10:34 Uttam : the signs were there
10:34 Uttam : 29100 sup in bnf
10:34 Shubro : 29100 PE 40 to 65
10:35 Rushabh : 20k stuck?
10:35 NP : Congrats Shubro
10:35 Anubhav null : attempting a long here in nf via calls
10:35 Uttam : 11300pe OI abv 50l
10:35 Shubro : thanks NP morning was awesome NP
10:35 Shubro : 3 DT in
10:36 NP : Superb
10:36 Shubro : as u say fastest fingers only
10:36 Uttam : C period move over?
10:37 Shubro : mashaal ban gaya BNF
10:37 Shubro : ab jalao isko
10:38 Govind : Congrats Shubro
10:38 Shubro : Govinnnnnd good start to day bro
10:38 Govind : Yeah man, same here
10:38 Shai : Intra- short BNF 29140 sl of 29238 tgt 28965
10:40 Uttam : vwap of a drive gone so day low coming?
10:40 Uttam : (10:23) Uttam : 11318 sup…11318 has 0s on 5 mins now
10:48 Uttam : 1L green in NF on both
10:48 Rushabh : greens in aug too at that 1 lac guy
10:48 Uttam : Jul & Aug
10:48 Shubro : 29100 CE 175 to 183
10:48 Himanshu : Saved
10:48 Rushabh : uttam ive often seen big quantities at the same time in 2 series, what does this mean?
10:49 Himanshu : Wow – Bhai Saab
10:49 Himanshu : Yesterday – Amit Shah attended FIN meeting
10:50 Shubro : garg shunted
10:50 Uttam : it could be that 11340 guy booking out here
10:50 Himanshu : Some Fin secretary has been removed Mr Garg to as Power Secreatry
10:50 Uttam : 11318 again imp ref now
10:50 Uttam : that 1.4L guy came right there
10:51 Himanshu : Yes and Vivek Acharya Dy gov portfolio also went to some old fav
10:51 Himanshu : on sell side or buy side – Uttam
10:51 Uttam : buy
10:52 Himanshu : Govt Plans to borrow – 10 BN in @ 1.5 % rate in USD terms
10:52 NP : he needs to get follow through buying though …… otherwise problem
10:52 Himanshu : can salvage – upto 70K Cr ouflow of FIIs if it wants to pull out that
10:53 Himanshu : and can increase local liquidity and interest rate..
10:54 Uttam : morning sellers in the rise booking out in NF
10:54 Uttam : COT also supporting that
10:54 Shubro : not an expert but putting cart before horse that one Himanshu
10:55 Shubro : reform show growth and then borrow sovereign debt
10:55 Shubro : deficit widens suddenly due to say oil price shock screwed
10:56 Govind : DOllar bonds can be dangerous, remember Turkey
10:56 Shubro : exactly
10:57 Shubro : then China and Russia comes and owns ur assets by securitizng
10:57 Shubro : funny call from upstox other day – do u want to own 100 units of Bharat 22 ETF for free?
11:00 Gaurav : what was the catch?
11:01 Himanshu : YES
11:01 Himanshu : But 10 Bn $ v/s 300 Tn $ of US
11:02 Himanshu : I mean – so far so good for our conservetiveness
11:02 Himanshu : If they put their foot down on Oil consumption and Push E 0 vehicle
11:03 Himanshu : You are home..
11:03 Shubro : i have no idea Gov . never take free
11:03 Shubro : tough. penetration of EV is going to be what max 2-3 % in the next 5 years
11:03 Shubro : its a long cycle vs. debt cycle of 10 years anything can happen
11:04 Himanshu : YEs
11:04 Himanshu : but see how Mobile spread.. India is very slow starter
11:04 Shubro : EV logic is bunkus but good long term
11:04 Gaurav : still a lot of india’s electricity is coal powered, plus the cost of EVs is too high
11:04 Himanshu : but once it catches up .. it will push up,,
11:04 Shubro : well coal has been politicized too much
11:05 Himanshu : Sir we have DATA chepest in the world ,,,
11:05 Himanshu : it was not imagined 10 years back
11:05 Shubro : countries have moved to cleaner coal which is easier to do than move suddenly to renewables …look at hydro…now rivers drying up
11:05 Himanshu : When Wireless local loop – of Rel telcom was not catching signal on traffic juntion
11:05 Himanshu : So Solar and E vehicle – if this
11:06 Shubro : if RIL JIO was an independent stock i would bloody short it
11:06 Himanshu : 2 are taken like
11:06 Shubro : tech is different…race to zero always …faster cheaper
11:06 Himanshu : So bettery is the key here
11:06 Himanshu : and Solar Pannel
11:07 Shubro : Elon Musk is planning to put a chip in our asses so no need mobile 😛
11:07 Himanshu : What is so great about that technolgy
11:07 Himanshu : its not complicated,,
11:07 Himanshu : if TATAs – Reliance – Birla see some assurance from govt ,,
11:07 Shubro : hehe govt assurance…oxymoron
11:08 Himanshu : Investment can be done,, So far as I know this administration has interest at their will
11:08 Himanshu : Unlike previous ,,Yes experties or experince may differ
11:10 Himanshu : I have high hopes on Nitin Gadkari ,,
11:10 Govind : D period forming an inside bar in both? 4 mins to go.
11:11 Himanshu : HE showed Ganga Cleaning, Road infra and now Traffic Regulations
11:11 Shubro : dhanli kam aur savings badao bhai…nahin to loan lete lete bhains pani mein
11:11 Himanshu : Ha Ha
11:12 Shubro : naukri naukri
11:12 Govind : New MB in bnf
11:12 Shubro : inside bar
11:12 Himanshu : Chalo 1 DT ( Subhro ki Salah manke)
11:13 Himanshu : Booked – 29100 PE
11:13 Govind : +1 HImanshu
11:13 Jitender : grt readn…keep it up +1 15:23 Anubhav : still have a feeling we can get some new after close15:23 Anubhav : positive likely15:23 Anubhav : coz of buying happenin after 3pm15:24 Anubhav : news*
11:14 Himanshu : Anubhav +1 ( Anubhav – Expericen)
11:14 Uttam : awesome Anubhav 🙂 +100
11:15 Govind : Anu went to Bank 🙂
11:15 Shubro : shabaash bhai log
11:16 Uttam : whats holding BNF?
11:16 Govind : Reliance just made new DL
11:16 Uttam : looks like move down coming?
11:16 Govind : yeah
11:16 Shubro : ugly nNF profile
11:16 Govind : looks like a machete
11:19 Shubro : naren view?
11:21 Shubro : better hold here BNF
11:21 Shubro : second touch
11:23 Shubro : good girl BNF now stay above
11:26 Rajiv : Shai are we shot on BNF currently?
11:26 Shubro : wondering if this rise was related to the USDINR falling morning
11:26 Govind : (10:38) Shai : Intra- short BNF 29140 sl of 29238 tgt 28965, Yes Rajiv
11:26 Shai : yes
11:26 Rajiv : Thanks
11:27 Shubro : 3rd touch VWAP gone/
11:27 Shubro : ?
11:31 NP : Milloion Dollar Question ….. Expiry @ 11300 or 11350?
11:31 NP : *million
11:32 Uttam : between both looks like and closer to 11300 going by options data so far but expirt week OI cannot be trusted
11:33 Uttam : BNF should take the lead
11:33 Uttam : expecting it to give a probe lower
11:33 NP : +1
11:34 Shubro : make it a BC day and good to close early
11:35 Govind : Thanika, are you here?
11:37 Thanika : yes, but doing some observation on tick data and doing some programs live
11:37 Govind : Ok man
11:37 Uttam : 29100 OI needs to give some signal
11:38 Uttam : as of now running parallel to each other that CE & PE OI
11:38 Govind : Yes Uttam
11:38 Uttam : 29200 ce though being written
11:39 Uttam : 20200pe OI falls below 4.5L can give good move up
11:39 Uttam : 29200pe
11:41 Govind : E period giving another LL/LH, 4 mins left
11:41 Uttam : IS in both in this 30min bar?
11:46 Govind : Uttam, they turned into RBs?
11:50 Uttam : very low volumes Govind so POC’s been jumping
11:51 Govind : Ok Uttam, guess the big lads havenot come to play yet
11:51 Gaurav : they come when everyone else is on lunch break
11:52 Uttam : yes that big guy has been missing so far
11:52 Gaurav : usually comes in 12:45 to 1:15 candle
11:53 Shubro : wtf is holding BNF
11:53 Gaurav : mid-day around vwap
11:53 NP : nifty getting ready to test day low once at least?
11:53 Shubro : ok good girl 3rd touch goner
11:53 Shubro : lets go
11:54 Govind : all fall down
11:55 Shai : 0’s
11:55 Shai : clean crack in BNF also below 29090
11:56 Uttam : boom boom
11:56 Shubro : ding a ling
11:56 NP : below day low 11248 on cards in Nifty?
11:56 Shai : aren’t 0’s justt awesome
11:56 Shai : who all added?
11:57 Uttam : +00000 shai
11:57 Govind : I did boss
11:57 Uttam : bought 29200pe at 114 exite at 132 & 150
11:57 Uttam : looking for 200
11:57 Uttam : last part trailing
11:57 Govind : 29100 PE from 60 to 103
11:58 Govind : holding 25 %
11:58 Shai : BNF 29040. Book half here for +100 and ride the rest at cost
11:58 Govind : Damn, that was worth holding!
11:58 Shubro : +
11:58 Shubro : +1 Shai
11:58 Uttam : super call Shai
11:58 Jitender : +1 Shai
11:58 Uttam : (11:33) Uttam : BNF should take the lead(11:33) Uttam : expecting it to give a probe lower
11:58 Jitender : n(11:33) Uttam : BNF should take the lead(11:33) Uttam : expecting it to give a probe lower
11:58 Uttam : _/\_
11:58 Boppanna : +1 Shai
11:58 Govind : Yes Uttam, good reading
11:58 NP : too good Uttam
11:58 Jitender : Uttam @Eagle Eyes
11:59 Jitender : tey make all the diff to everythn …ain’t tey 🙂 (11:56) Shai : aren’t 0’s justt awesome(11:56) Shai : who all added?
11:59 Jitender : joined late…but DT done..tx
11:59 Uttam : (11:38) Uttam : 29200 ce though being written(11:39) Uttam : 20200pe OI falls below 4.5L can give good move up(11:39) Uttam : 29200pe
12:00 Uttam : 3.8L now that 29200pe OI
12:00 Govind : Shai, Uttam and other signs made that a high conviction trade, up 4dt
12:00 Govind : Now, will hunker down
12:00 Jitender : Govinda Govinda
12:00 Govind : DT rocks, Jit
12:00 Govind : Game changer for me
12:00 Shubro : 4 DT on
12:01 Shubro : rocking day
12:01 NP : be cautious ….. some shorts may get trapped here ….. play with low volumes
12:01 Shubro : now i shall not be stupid
12:01 Govind : Shubro MOney!
12:01 Govind : All out Naren
12:01 Shubro : paisa paisa karti hai….
12:01 Shubro : ok so who crashed BNF?
12:02 Jitender : remember to help sumone else n pass it around (12:00) Govind : DT rocks, Jit(12:00) Govind : Game changer for me
12:02 Govind : Of course Jit
12:02 Shubro : DT has been a life and game changer Jit
12:02 Shubro : controls greed and fear both
12:03 Shubro : so thank you. best thing to have learnt here after OF
12:03 Jitender : its a discliplined way to ID expectations
12:03 Shubro : yes agree
12:03 Shubro : if you have made 1 DT protect it with life
12:03 Govind : Also Shubro, a big thanks to Thanika for his Ami codes and Uttam for helping us read them better!!
12:04 Shubro : those were like dessert man
12:04 Shai : ++- (12:02) Shubro : DT has been a life and game changer Jit
12:04 Shubro : what a tool
12:04 Shai : Cheers to the one and only Jit for sharing
12:04 NP : +1
12:04 Anubhav null : yvwap holding
12:05 Anubhav null : going up again looks like
12:05 Shai : wonlt hold
12:05 Shai : 80% late trade
12:05 Shai : has to go to val of yday
12:05 Shai : sl is abv vwap
12:05 Anubhav null : ok will wait thnx
12:06 Jitender : tx Shai_/\_,after u & witth u, always 🙂
12:06 Shai : _/\_
12:07 Prudhvi : Gen q, what’s a DT? Any link?
12:07 Shubro : Daily target in terms of profit absolute rupee terms
12:07 Rajiv : I am the slow coach here. DT means daily Target?
12:07 Shubro : so if you want to make 1000 Rs. plan your trade size and points to earn based on system
12:07 Sumit : need to break yvwap for day low
12:08 Jitender : ys Rajiv
12:08 Uttam : yes Jit +1000 for that DT concept
12:08 Jitender : tx bro
12:11 Govind : This one unwound so fast Uttam…11:37 Uttam : 29100 OI needs to give some signa
12:11 Sumit : no screen
12:12 Rajiv : Thank Jit
12:13 Shai : BNF at tgt. Book fully
12:13 Jitender : +100
12:13 Govind : Super
12:13 AN : Awesome call Shai. thx.
12:13 Shubro : splendido
12:13 Shubro : take a bow Shai
12:13 Shai : (12:05) Shai : wonlt hold(12:05) Shai : has to go to val of yday
12:13 Shubro : nicely done
12:14 Shubro : Shai we are back to weakness as of yest again now?
12:14 Shai : yes
12:14 Uttam : Shai can hold onto BNF shorts?
12:14 Shubro : those morning buyers crying?
12:14 Boppanna : Nice trade Shai and Uttam for spelling the trade setup 10:40 Uttam : vwap of a drive gone so day low coming?
12:14 Shai : can hold BNF
12:15 NP : would be interesting to see 28800 getting challenged ….. a lot of PE writers there
12:15 Uttam : ok my objective of 200 hitting on that 29200pe
12:15 Shubro : Shuck i am dreaming of 28800
12:15 Uttam : will hold with TSL 150 now
12:15 Uttam : entry was 114
12:15 Shai : reduce but – donlt add new shorts
12:15 Rushabh : yval hit nf
12:15 Uttam : yes booked last bit at 177
12:16 Jitender : congo Uttam
12:16 NP : +1
12:16 Boppanna : +1 970 key for a drop further 12:15 Shai : reduce but – donlt add new shorts
12:16 Uttam : thanks Jit 🙂
12:16 Rushabh : good greens in last 10mins?
12:17 Uttam : 29100 crossover happens
12:17 Uttam : 29000 oi now on watch
12:18 Govind : Yeah, they are only 600k apart 🙂 watching
12:21 NP : #QuickTrade ….. 11200CE … 51-61 …. booked fully …. fastest finger first
12:21 Uttam : Shai 29200pe can do 274?
12:21 Shubro : +1 Naren
12:21 Shubro : my fingies tired
12:22 Govind : +1 Naren
12:22 NP : now bajaj twins are going to decide further move on nifty
12:27 Shubro : trying t ojust hold day open
12:31 Shubro : did that 29000 CE just rise?
12:31 Shubro : OI wise
12:31 Shubro : narrowing za gap i zee
12:31 Govind : variance is only 400k now
12:32 Govind : was 600k at 12:15
12:33 Shubro : yezz
12:33 Shubro : price rising OI rising?
12:35 Uttam : PE OI needs to start coming down in that 29000
12:37 Shubro : 29100 crossover did not happen
12:38 Shubro : so expecttation is then PE should fall
12:38 Shubro : no Uttam?
12:38 Uttam : should happen now 🙂
12:38 Govind : Yes, it did Shubro….12:37 Shubro : 29100 crossover did not happen
12:38 Govind : around noon
12:39 Shubro : u mean the BNF crossed the PE
12:39 Govind : NO, CE and PE OI lines
12:40 Govind : That is when the big move in BNF came
12:41 Uttam : BNF is still in the A period range ;-p
12:42 Shubro : Oh fish govind my data was not updating u right
12:42 Jayanth N : if nf breaks 11235 and bnf 28960 can we expect more downside ??
12:42 Uttam : oh man shubro
12:42 Govind : 🙂
12:42 Shubro : wkaaao
12:42 Uttam : you be careful on that as can lead you to take wrong trades
12:42 Shubro : yes yes….
12:42 Govind : Its ok, Shubro….you still made money
12:42 Shubro : luckily my price action and OF read steady
12:42 Uttam : +1
12:43 Shubro : no i thought expiry day OI may be whacked
12:43 Uttam : 29k pe not budging
12:44 Govind : Waiting for 1:30/2pm
12:45 Shubro : looks like thats going to be last act for today
12:45 Shubro : unless surprise suppies
12:46 Anubhav : above 11270 might tag 11290-11300
12:47 Shubro : anyone for long BNF?:P
12:47 Govind : Below VAL Shubro
12:47 Shubro : that 29000 CE PE suez canal
12:48 Shubro : BNF sailing though it
12:49 Anubhav : dpoc has not fallen in nf
12:49 Uttam : what a fight it has been in the 11300 options
12:50 Uttam : 11300ce back above 50L OI
12:50 Uttam : now focus on 11250 OI
12:50 Anubhav : n11250 pe oi?
12:50 Uttam : 28L to 17L
12:52 Himanshu : Uttam – BNF DPOC has fallen from 29184 – 29140
12:52 Himanshu : Am I right
12:53 Anubhav : 11250 SHAIS level held again today just need to cross yvwap now for spike up
12:54 Shubro : BNF ship turning?
12:55 Uttam : @Himanshu dPOC still at 29170-180 in NBF
12:55 Uttam : BNF
12:55 Uttam : building vols here at 29010
12:55 Anubhav : 45 degree move possible?
12:55 Uttam : pehle spike to karwao neeche 😉
12:56 Anubhav : 100 point mil to gaye day high se nifty me
12:56 Uttam : huge vol build up in that 29000ce at 70 levels
12:57 Uttam : either is being written royally here or can give a jump to 125-130
12:57 Uttam : below 60 ca close at 0
12:58 Anubhav : hmm lets wait for clarity
12:59 Uttam : BNF had a hvn coupld of days back at 29180 and same place we got selling today
12:59 Uttam : exited last part of that 29200pe here at 250
12:59 Anubhav : gayo
13:00 Uttam : (12:21) Uttam : Shai 29200pe can do 274?
13:00 Uttam : on its way there but 135 points is a good trade so booked out
13:00 Govind : +1 Uttam
13:00 Uttam : 262 high so far
13:00 AN : Uttam ji tusi great ho _/\_
13:00 Uttam : _/\_ all learning here guys
13:01 Uttam : (12:56) Uttam : huge vol build up in that 29000ce at 70 levels(12:57) Uttam : either is being written royally here or can give a jump to 125-130
13:01 Uttam : that CE went from 70 to 35 in no time
13:01 NP : yes
13:01 Uttam : 11250 OI now
13:01 NP : it was too quick
13:01 Uttam : in focus
13:01 Uttam : difference less than 10l now
13:02 Uttam : 29000 OI also on verge of crossover
13:02 Uttam : (13:00) Uttam : (12:21) Uttam : Shai 29200pe can do 274? new high at 271
13:03 Shubro : hehe ship crashed through canal wall
13:03 Uttam : 29000pe above 105 sustaining can go to 132
13:04 Shubro : poor lows BNF?
13:04 AN : Still lots of time left, does market have another trick up its sleeve for today ?
13:05 Shubro : and we are in only H period
13:05 Shubro : 6 DT
13:05 Uttam : super Shubro +600
13:05 Shubro : in that move
13:05 NP : Congrats Shubro
13:06 Shubro : NP thanks bro Uttam
13:06 MJ : Anu 45 degree needs wide poc and not vol poc @Tpo poc.
13:06 Shai : ILFS has defaulted with NSE pay
13:06 Shai : any one here with ILFS?
13:06 Uttam : woaahhh
13:06 Shubro : shit
13:07 NP : are we preparing for a vertical fall ? Bloodbath?
13:07 Shubro : isnt that priced in already
13:07 Shubro : or is this some fresh carnage
13:07 Shai : ILFS had 1000 sub brokers about 3 montsh back
13:08 Boppanna : Shai that 28800pe worth a lottery buy ?
13:08 Shai : can do 28850 s=with sl at IS of 29017
13:09 Boppanna : thx
13:09 Uttam : need to add strikes below 29k, what Bops giving additional work 😉
13:09 Shubro : this tail in bnf holding
13:09 Shubro : as in weakness
13:10 Shubro : amd below PDL
13:10 Shubro : so we good for another 100 Shai?
13:10 Shubro : oh u said it already sorry
13:11 Shubro : that crossover happening Uttam 29000?
13:11 Uttam : on verge of it here Shubro
13:11 NP : Bajaj Finance flags potential credit risk in 2-wheeler & digital pdts; 2-wheeler loans overdue for 30+days rises to 5.3% vs 4.65%, digital pdt loans overdue for 30+ days rises to 1.46% vs 1.01% (QoQ)
13:12 Shubro : yezzzz
13:13 Anubhav : greenz
13:13 Shubro : shorts booking here?
13:13 NP : seems
13:13 Uttam : if we take out the A period we have singles from 29100 to 29020
13:14 Uttam : 29028-29111
13:14 Uttam : that 29000 combo at 110 now
13:15 Gaurav : what is digital pdt loans?
13:15 Shubro : cell phones etc.
13:15 Shubro : product
13:16 Shubro : consumer
13:16 Shubro : the last few years saw a massive increase in these loans
13:16 NP : From smartphones to laptops, cameras to TVs, buy the latest electronics on EMI, only on the Bajaj Finserv EMI Network
13:17 Shubro : was waiting for this to happen…extreme consumerism
13:17 NP : now people are buying even shirts pants and shoes using bajaj finance cards on EMI
13:17 Govind : Doomed
13:17 NP : this is going to gey UGLY soon
13:18 HPandey : also watch out MF space
13:18 Shai : collection agents make good money
13:18 Shai : this is best environ for them
13:18 HPandey : this “MF sahi hai ” ad line iis not good
13:19 Shubro : MF guys are just traders…look at th portfolio turnover rations…its a joke
13:19 HPandey : yeah their only motive is commission
13:19 Shubro : aiyaa Uttam that 29000 CE PE OI kya karti?
13:20 Uttam : crossover did not sustain Shubro
13:21 Shubro : BC
13:21 Anubhav : ab 45 degree?
13:22 NP : @ Uttam ….. Expiry Range Shifting to 11250-11300 ?
13:22 Uttam : 11250 fight one here NP & we have good time
13:22 Uttam : 26L to 24L
13:23 Anubhav : spot rising more than nf
13:23 Shai : 2 RB’s here
13:24 Shai : abv 11261 is going to 11286 sl of 11247
13:24 Shai : BNF is complex with a DD in place
13:24 NP : expecting wild swings now ….. better to stay away
13:24 Shai : 29019-29030 is thyat last IS
13:25 Shai : it’s not a DD but shape of 1 as still in A
13:25 Uttam : 10:40 Uttam : vwap of a drive gone so day low coming?
13:26 Uttam : BNF did day low exact
13:26 Uttam : 28920
13:26 Uttam : AH poor lows seen there
13:26 Uttam : good chances of that getting repiared
13:28 Uttam : NF going for new lows for the week?
13:29 Uttam : 28800ce from 225 down to 155 in 10mins
13:29 Jitender : 29.1 pe 117-157
13:29 Uttam : super Jit
13:29 Jitender : tx
13:30 Jitender : 29070 ST pivot fr me
13:30 Uttam : +1 29045 yesterday vwap too
13:31 Rajiv : isnt that far away 13:30 Jitender : 29070 ST pivot fr me
13:31 Jitender : 28970
13:31 Jitender : 🙂
13:31 Rajiv : oh ok
13:32 Uttam : @Shai there was a refresh done on 30mins?
13:32 Uttam : 1.8L red in NF I never saw earlier
13:32 Uttam : 11260
13:36 Anubhav : dpoc changed
13:36 Anubhav : needs to cross 11260 for move up
13:38 Anubhav : trying…
13:41 Anubhav : ho gauya
13:42 Anubhav : nice
13:42 Anubhav : small scalp
13:42 Shubro : 29000 CE 68 to 90
13:42 Shubro : sorry 55
13:42 Shubro : to 90
13:43 Anubhav : gud gud
13:43 Anubhav : i had sold 11200 aug 1 put
13:43 Govind : Congrats Anu/Shubro
13:43 Anubhav : out now
13:44 Anubhav : thnx
13:44 Anubhav : yes poc ibl near buy
13:44 Anubhav : can go up more if it crosses
13:44 Anubhav : else niche
13:45 Anubhav : too many greens vaise
13:47 Shubro : short BNF here hehe?
13:48 Shubro : na too risky
13:48 Anubhav : rehne do jo kamaya vapas a chal jayega
13:48 Shubro : hehe…
13:48 Anubhav : monthly exp me alag hi khel hai
13:49 Shubro : yep bhagwan bharose types ho jata hai if it goes against
13:50 Anubhav : nf me karna hai to aug wala hi karunga put spread
13:50 Anubhav : aaj wala to nahi
13:50 Shubro : plus abhi decay time ishtaart
13:52 NP : mostly these type of expiries end on a very bad note
13:52 Uttam : Jit holding strong there at 29070
13:52 Shubro : BNF is a double edged razor now
13:52 Uttam : BNF high at 29067
13:53 Uttam : super level Jit +100
13:53 Shubro : Jit prraji kya kar rahe ho
13:53 Shubro : ?
13:54 Jitender : just took a redie from 280985-29040
13:54 Jitender : nw watchn
13:54 Jitender : fr either 28970 or 29050 to bek
13:54 Jitender : brk
13:54 Jitender : till ten eatn far otm prem
13:55 Shubro : wah wah
13:55 Shubro : khao saheb
13:56 Shubro : sir ek din hum bhi khaaenge app ke saath…abhi thoda appetite bada le
13:57 MJ : Comes the biggie.
13:57 Uttam : @Govind oinged you on slack
13:57 Rushabh : long aug?
13:57 Govind : ok
13:57 Jitender : sure (13:56) Shubro : sir ek din hum bhi khaaenge app ke saath…abhi thoda appetite bada le
13:57 Uttam : Gaurav knew the time in the morning itself 🙂
13:58 Uttam : direct links @Gaurav
13:58 Uttam : ?
13:58 MJ : Rushab Reds in aug too.
13:59 Gaurav : my timing prediction was utterly wrong uttam 😛
13:59 Gaurav : too late this one
13:59 Shai : aug first big reds were 11th and 13th around 11640
13:59 Rushabh : yh, uttam mihir, what is it with having huge quants on the same side? I mean red on both so what does it mean
13:59 Uttam : @Gaurav you said 1:45 na?
14:00 Gaurav : 12:45
14:00 Uttam : oh ok
14:00 Uttam : but this guy not so big as the other months? or more to come yet
14:00 Gaurav : i think last 2 weeks, about half volume was done already
14:00 Rushabh : shai?(13:59) Rushabh : yh, uttam mihir, what is it with having huge quants on the same side? I mean red on both so what does it mean
14:00 MJ : I think first time in 13 months pattern break happened in these biggies, they came 11665 Aug as Shai shared the aug rolls earlier.
14:01 Gaurav : 2nd time Mihir, there was one early one in Jan to Feb series also
14:01 MJ : Oh mid series? Thanks man.
14:01 Uttam : @Rushabh better to wait & observe what auction does from the RO point today
14:02 Uttam : last times RO point was at 11915
14:02 MJ : Yes, no rush just mark them on the charts.
14:02 Himanshu : uTTAM – hUGE reD IN nf
14:02 Uttam : and we have trended lower in July
14:02 Himanshu : What do u Say
14:02 MJ : +- 80 -100 and watch what happens.
14:02 Himanshu : Who is winning
14:02 MJ : Following what Gaurav had shared earlier.
14:02 Rushabh : uttam those were 6 lac guys right? expiry?
14:02 Gaurav : August could be balance or trend continuation
14:02 Gaurav : down
14:03 Uttam : from 11915 we made a high of 11999 and low of 11226
14:03 Gaurav : yes, had 11800 monthly PE from 150 to 500
14:03 Uttam : no wonder we saw that big player rolling over mis series
14:03 Uttam : lovely Gaurav
14:04 Himanshu : uttam – r w egrtting RS here
14:04 Himanshu : Pls
14:04 Himanshu : in NF
14:04 Uttam : @Gaurav as Shai has very nicely put that 11250 as positional level in spot so below that we could continue trending down
14:05 Uttam : @Himanshu lets see if this big red can take out 11250
14:06 Gaurav : for trend to reverse, accumulation needs to happen, wont be quick up in august, rather quick bounces would be sold into, my thinking
14:06 Gaurav : so balance, or continue trend down
14:06 Uttam : +1 Gaurav
14:07 Govind : Amzing stuff, Gaurav.
14:08 Shubro : BNF can crack now to downside i think.
14:09 Govind : I don’t know Shubro, 29000 PE OI has gone up and the reverse for CE
14:09 Govind : Of course, all that could change quickly
14:10 Shubro : right Gov that too…i think selling in cash market increased if thanika around can confirm.
14:10 Shubro : OI might prevent the fall so close aroun 29000 maybe
14:10 Shubro : what is max pain now?
14:11 MJ : Gaurav same setup contiues right for positionals? above or below 100 pts of RO, you take an entry?
14:13 Govind : 29000 Shubro
14:14 Rushabh : BNF much stronger?
14:15 Shubro : thx Gov
14:15 Govind : One test of vwap and then one trip to correct poor lows please, in BNF? 🙂
14:15 Gaurav : 150 or an FA with LLT
14:16 Shubro : may ur wishes be given wings Govind
14:16 Govind : Haha
14:16 Shubro : i have similar
14:16 Shubro : but open to both ways
14:18 Jitender : squrn all positions
14:18 Jitender : will scalp
14:18 MJ : Awesome Gaurav. shout out if you pick anything for august.
14:19 Govind : Look at that seocnd MB in NF
14:19 Shubro : peaks galore
14:20 Govind : NF Vah/VAL for today is the same as yesterday, has been doing that for themajorityof the day
14:26 Himanshu : Out 29100 PE – 97 to 39
14:26 Govind : Congrats
14:26 Himanshu : With Balls in mouth for 2 days
14:27 Himanshu : have to do some thing about ot
14:27 Himanshu : As They are not testing well for health
14:27 Himanshu : 2 Hours sorry
14:28 Himanshu : 29000 crossed
14:28 Himanshu : Ce running for cover
14:28 Himanshu : Shash dikra
14:29 Himanshu : What helped me here was
14:29 Govind : Boom coming in BNF?
14:29 Shai : going for 29185
14:29 Himanshu : DPOC drop in BNF was just 40 poinst from morning
14:29 Himanshu : EYs
14:29 Govind : Yeh
14:30 Himanshu : Govind bolo hari gopal bolo time
14:30 Himanshu : So Chief’s Super 30 are rocking
14:30 Anubhav : missed this 1
14:30 Himanshu : Chief ( I have to bow down when I meet you in Pune sometime)
14:31 Shai : 🙂
14:31 Shai : Looks like moving back to 11350 clsoe tom weekly
14:31 Himanshu : 29100 PE – went to 181
14:31 Himanshu : now 20 Rs
14:31 Govind : 29100 PE OI dropped
14:31 MJ : 5 to 15 11300 🙂
14:31 Himanshu : I was in at 91 in Sell
14:32 Shai : (13:24) Shai : abv 11261 is going to 11286 sl of 11247
14:32 MJ : Chief 🙂
14:32 MJ : NP thanks for bajfinance alert.
14:33 NP : my pleasure
14:33 MJ : got a nice ID short there below 3160.
14:35 Himanshu : covered – 29900 PE ( 33- 3.5)
14:35 NP : Congrats Himanshu
14:36 Himanshu : Govind ( Earlier in my past life – I had sold 5 Rs PE – now I always leave – 3-5 Range)
14:36 Govind : Maxpain now 29100
14:36 Himanshu : Thanks NP sor
14:36 Himanshu : Sir
14:36 Himanshu : Am able to sell 50-80 Rs Options .. ( Testimonial)
14:37 Govind : You are still making profits right 🙂
14:38 Govind : Tatamotors results tonight
14:39 Himanshu : 29000 CE ( 1/3 of 29000 PE)
14:40 Uttam : super Shai +100 (14:32) Shai : (13:24) Shai : abv 11261 is going to 11286 sl of 11247
14:41 Uttam : @Himanshu that big red could not take this out…(14:05) Uttam : @Himanshu lets see if this big red can take out 11250
14:42 Uttam : just getting a LLT is not a trade but we got to see how good that guy is getting a follow up
14:42 Himanshu : YEs
14:42 Himanshu : Now anywasy watching and if held well at closing
14:42 Uttam : BNF profile filling yojna going on
14:43 Rushabh : 11350 today itself shai?
14:43 Himanshu : Prandhan mantri Profile Yojna
14:43 Uttam : Jit opened the door at 29070 and it tagged that hvn @ dpoc of 29180
14:43 Himanshu : Ye lo
14:43 Uttam : 11330 tag coming in NF?
14:43 Himanshu : Jit – is slient ( He has gone to bank )
14:43 Uttam : anomaly in profile there
14:44 Jitender : here H
14:44 Govind : 29100 PE/CE OI closing in on each other
14:44 Uttam : that 29000 OI failed crossover was a good signal
14:45 Himanshu : Ok – Jit
14:45 Himanshu : Jit is waiting for move above 29185 _
14:45 Himanshu : Killer one
14:47 NP : 29100 PE ….. 24-44 …. all out
14:48 Himanshu : + 1 NP – Sahebji
14:49 Himanshu : what a timing NP
14:50 Gaurav : NF MB chart is an enigma today
14:51 Himanshu : We so not used to this 29XXXX in BNF that and now 28XXX
14:51 Himanshu : since last 2.5 mths that .. making typo error in my market watch
14:51 NP : soon it will be 27XXX
14:52 NP : just kidding
14:52 Uttam : poor Himanshu will start practising to type 27xxx on key borad
14:54 Uttam : USDINR spiking?
14:54 NP : yes
14:54 NP : near day high
14:55 Uttam : @Shai USDINR in a nice 4 day balance after that BO above 68.98 and looks set to move from here?
14:55 Himanshu : Yes
14:55 Himanshu : I am now getting used to 28XX slowly
14:55 Gaurav : one more X or it looks like SPX
14:55 Gaurav : 😛
14:56 Himanshu : had wriiten 28000 PE ( Aug ) 184 Yday
14:56 Himanshu : covered in morning Spike toay @ 133
14:56 Himanshu : 28000 was strike in last consolidation phase gave me good profit in CE
14:57 Himanshu : after 4 mth of consolidation once it broke 28300 – On 3rd weekly attempt – there was no looking back
14:57 Himanshu : That one more X is XXX Rum
14:58 Himanshu : Which I have in my sweet dreams only
14:59 NP : 3pm move?
15:00 Govind : Reliance just crapped out
15:00 Sumit : d law
15:00 Shai : 0’s 11280
15:00 Sumit : low
15:00 Uttam : Shai USDINR good to go long here?
15:00 Uttam : FA also at lows
15:01 Shai : can
15:01 Shai : sl at day lows
15:01 Jitender : 29.2pe 117-167
15:01 Shai : big reversal after test lower
15:01 Uttam : done
15:01 Uttam : yep
15:01 Uttam : and holding that 68.98
15:01 Shai : 11188 extreme tgt
15:01 Shai : sl 11280
15:02 Anubhav : kya se kya h gaye dekhte dekhte
15:02 Govind : True Expiry Day Colors
15:02 Govind : gona repair poor lows in BNF?
15:02 Anubhav : thappad mode
15:02 Anubhav : algo
15:03 NP : (13:52) NP : mostly these type of expiries end on a very bad note …..
15:03 NP : this is what i was talking about
15:03 Govind : Yeah Naren
15:03 Uttam : +1 Naren
15:03 Govind : Idea is to conserve money and energy
15:03 Shai : one push here 11188 can come
15:04 Uttam : 11250 OI also getting closer
15:04 Govind : @ Op-Ra, NF
15:04 Jitender : 29.pe at 10
15:05 NP : 11250 and 29000 seem to be expiry levels
15:05 Govind : Uttam, poor lows in NF as well?
15:05 Uttam : repair ho raha hai ruko 😉
15:06 NP : booked #lottery trade fullu 29000PE …. 9-24
15:06 NP : fully*
15:06 Govind : and the winner is, NP
15:06 Govind : Good one bro
15:06 Shai : +1
15:07 Uttam : lovely Naren so looks like you recovered that dock cost ;-p
15:07 NP : 100% recovered
15:07 Uttam : awesome
15:08 NP : ITM options were not rising in that last upmove ….. signals were pretty clear for a fall
15:09 Govind : Exactly
15:10 Himanshu : We are closng below 200 EMA in Nifty Spot dangerous
15:10 Himanshu : no more PE writing now
15:11 Uttam : 11250 OI crossover happens
15:12 Uttam : writers milked this strike today
15:12 Uttam : 105 high to now below 5
15:13 Govind : Shai, too early to ask for rollover point?
15:13 Himanshu : Uttam as per chief – Nifty Spot closing below 11250 is not good sign right ?
15:13 NP : (12:22) NP : now bajaj twins are going to decide further move on nifty(13:07) NP : are we preparing for a vertical fall ? Bloodbath?
15:14 Anubhav : ho gaya khel khatam
15:14 Uttam : weekly close will be a better signal Himanshu, today is expiry so lets see how it plays out tom
15:14 Anubhav : low held in nf
15:15 Rajiv : We managed to save PDNF low!!
15:15 NP : this is purely expiry play
15:15 Shai : yes
15:16 Shai : rollover point can come here 11249
15:16 Uttam : cool
15:16 Uttam : nice level Shai your marker was also right there
15:16 Govind : Ok Shai, thanks
15:17 Anubhav : an expiry to rememeber after long
15:17 Uttam : Shai for Aug it would be 11292?
15:17 Anubhav : dono side tmasha
15:18 Gaurav : that ILFS news spreading in full flow now
15:19 Shai : got resolved
15:19 Gaurav : sure about it Shai?
15:19 Shai : yes
15:20 Shai : orders going through again
15:20 Shai : 11304- (15:17) Uttam : Shai for Aug it would be 11292?
15:20 Uttam : thanks Shai
15:22 Govind : August looks better in NF
15:22 Govind : MP
15:26 Shai : inside day profiles
15:26 Shai : COT shows selling from 11645 Aug F where the big guys showed up on 13th
15:26 Shai : donlt know if you guys remember
15:26 MJ : Remember cheif.
15:27 Uttam : that positive COT we had yesterday & day before could be part of those shorts booking Shai?
15:27 MJ : And 2.5L at 11618 was green long, he got hit and liquidation continued.
15:28 MJ : Thanks for all the handholding for this series @Shai.
15:29 MJ : See you tomorrow.
15:29 Shai : yes’
15:29 Shai : Pleasure MJ
15:29 Shai : 11250 barely holding today
15:29 Shai : spot
15:30 Uttam : thanks All 🙂 have a lovely evening & lets continue to rock in the new series too starting from tom
15:30 Govind : Thanks guys, see you tomorrow
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Shai : catch up tom
15:30 NP : Bye. Have a Nice Evening
15:31 Gaurav : ausut closes right at today’s LLT
15:31 Gaurav : August F
15:32 Gaurav : 3.37 L one
15:34 Himanshu : Bye all
15:40 Himanshu : hi
15:40 Himanshu : uttam r u there
15:41 Himanshu : do we see here 29265