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.
Mar NF
Apr NF
Mar BNF
Apr BNF
Room Chat
08:27 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/251839341
08:29 Vtrender Live : 5 kin charts enhanced – https://join.me/310-740-327
08:37 Santhosh : good moring
08:42 Manikandan : GM All
08:42 Prateeek : good morning all
08:42 Avinash : GM Everyone
08:44 Gourav : GM All
08:49 Anil : Good Morning All
08:51 Rohan : Good Morning
08:52 Suhas : hoin me 5 min chart is not visible
08:52 Suhas : jin me*
08:54 Manoj : Good morning guys
08:55 Chandrashekhar : GM all, Wish you all a Happy & Prosperous Ugadi
08:55 Rajan : Good morning all
08:55 Abhijith null : Gm all..
08:57 Ankit : is the join me link working for others?
08:57 Sanjib : nope
08:57 Suren : no
08:57 Suren : blank screen
08:57 Ankit : okay
08:58 Gourav : 5 mins chart not viisible for me
08:58 Himanshu : me alos
08:58 Himanshu : GM all
08:59 Ravi : GM all
08:59 Neeraj : GM all
09:00 Shai : GM all
09:00 Shai : getting a new link for join me
09:00 Suhas : OK thanx Shai
09:00 Himanshu : GM chief thx
09:01 Vtrender Live : 5 min charts – https://join.me/788-689-230
09:01 Gourav : Thx
09:02 Chintan : Gm team … gm shai
09:02 Shai : WE had an FA at 7526 yesterady and a neutral day
09:03 Shai : bias stays weak below 7900 F where the sellers appeared but the past 2 sessions have shown no big selling below 7600 yet
09:03 Shai : we are making a big balance here
09:04 Shai : 7687 F would be the second ref line below to watch for signs of selling
09:07 Uttam : Good Morning All 🙂
09:08 Rajesh : GM
09:09 Ravi : Good Morning all
09:09 Lokesh : Good Morning.
09:10 Yash null : gm all
09:12 Rajesh : GM everyone.
09:14 Vijay : 7500ce 518-570
09:15 Tejpreet : GM All.
09:16 Govind : Vijay, you bought at 9:14 🙂 Congo man
09:16 Uttam : 7900ce from 294-312
09:16 Uttam : 0s at lows at open
09:17 Shai : back to a disc
09:17 Govind : Congo Uttam, NF went a tad below that 7687
09:18 Uttam : yes Gov rejection there
09:18 Uttam : but now COT turning red
09:19 Uttam : BNF looking good ut needs to take that 17200 out
09:19 Uttam : 17355 coming in BNF if sustains above 17200
09:21 Vishnu : shai room 30 min nifty to adjust vol and cot not seen
09:23 Neeraj : huge red COT
09:23 Uttam : Shai can we have Apr 30mins in room?
09:25 Uttam : expiry week guys so lets be a little bit cautious about the COT
09:26 Shai : Added apr F charts to room
09:26 Sameer : so CNBC guy on twitter reported Facebook could buy stake in RIL and it went 8% up 🙂
09:26 Uttam : thanks so much Shai 🙂
09:26 Jitender : 7750pe 240-270
09:26 Shai : 7870 ref line
09:27 Shai : can short below it
09:27 Srinivas : congo Jit
09:28 Jitender : tx bro…..
09:28 Kannan : SL?
09:29 Shai : sl 7963 tgt 7740/ 7687
09:31 Sanjib : net is very slow at my end…very difficult to trade
09:32 Shai : shorts have loaded up again abv 7900
09:34 Srinivas : 8300ce 115-90
09:34 Jitender : +1
09:34 Srinivas : tx Jit
09:34 Shai : NF small prem again- (09:17) Shai : back to a disc
09:35 Shai : wasted that is 🙂
09:35 Jitender : RIL
09:35 Jitender : had a 11cr block deal at 963
09:35 Jitender : 11cr shares
09:35 Shai : okay
09:35 Sameer : did FB already bought RIL … haha
09:35 Shai : icici is the other way
09:35 Vijay : 1.8% equity
09:35 Srinivas : wow…
09:36 Srinivas : must be a big buyer
09:36 Milind : Some news of Facebook taking stake in JIO
09:36 Shai : cmon let go to 7768
09:37 Sandesh : Tathastu
09:37 Suhas : 8000ce from 233 to 183
09:37 Jitender : +1
09:37 Uttam : congo guys
09:39 Govind : PEs not gaining – entered 7900PE at 7888 futures and exited at 7788 futures level. for that 100 point move in futures, 7900 PE moved a mere 18 points, WTF
09:40 Sanjib : Yes Gov! IVs are astronomically high
09:40 Uttam : yes Gov which is why scrathed the 7700pe I had also
09:40 Govind : COngo to all in green
09:40 Sanjib : Had to close the shorts early as net is playing pranks with me
09:40 Govind : these guys are waiting for senate news Uttam
09:40 Sanjib : Too many people watching Netflix, it seems
09:40 Uttam : better to be safe Sanjib
09:40 Suhas : OTM calls loosing premiums heavil
09:40 Sanjib : Yes, Uttam
09:40 Shai : prem mess up- (09:39) Govind : PEs not gaining – entered 7900PE at 7888 futures and exited at 7788 futures level. for that 100 point move in futures, 7900 PE moved a mere 18 points, WTF
09:41 Sanjib : I have 7900 Short Straddle taken yesterday at 590
09:41 Sanjib : Watching that for decay
09:41 Govind : Ok Shai, 7900PE delta was 0.49, this is messed up
09:41 Srinivas : 8300 ce 115-90-80 100% out..
09:41 Shai : nice 1 Sanjib
09:41 Sanjib : Thanks Shai
09:42 Shai : neutral day no OTF,,we reamin inside till europe
09:42 Srinivas : +1
09:43 Chintan : nf is weaker compare to bnf
09:43 Srinivas : while India VIX is near ATH, US fix fill down last couple of days from 80s to 40s
09:43 Shai : just no demand in NF
09:43 Himanshu : banks open rest closed
09:43 Shai : stay with short bias
09:43 Srinivas : *VIX
09:43 Himanshu : so more impct on real business
09:44 Himanshu : 115- 70Out in 8300 CE
09:44 Shai : reduce half 7767- (09:29) Shai : sl 7963 tgt 7740/ 7687
09:44 Saheer : 7760 🙂
09:44 Jitender : +1
09:45 Himanshu : ideally Sanjib = we nneded to hold till 7900 sellers are not challanged
09:45 Srinivas : congo H.. you sqeezed 10 more 😉
09:45 Vishnu : sold 8400 call at 85 covered at 55
09:45 Himanshu : Vishnu bhagwan ki jai ho
09:45 Srinivas : nice Vishnu… nice COT on the charts helped 😉
09:46 Sanjib : Himanshu – agree; but I am not getting the chart or zerodha info at right time. Sometimes holding up for 30 sec; so played safe and exited.
09:46 Jitender : +1 Vishnu
09:46 Shai : teh first COT big red has a lot of 0’s and to be avoided
09:47 Shai : the second red cot in 5 mins is the trigger
09:47 Govind : Congrats to all
09:47 Himanshu : +1 Sanjib
09:47 Rajesh : 7850-7785
09:47 Srinivas : +1 sHAI
09:47 Himanshu : yes Chif
09:47 Srinivas : my keyboard is actinv wierd today.. sorry for the caps mixup
09:47 Suhas : 8000ce again done from 200 to 174…2DT done peacefuly..with just half the quantity.
09:48 Srividhya : 7854 – 7790 thank shai
09:48 Shai : +1
09:48 Suhas : congrats guys all
09:48 Vijay : Congrats all
09:48 Sagar : is VIX colling option are not moving at all
09:48 Avinash : Congo All
09:48 Amit N : Congrats all
09:48 Shai : premiums in OTM calls are melting
09:48 Avinash : Fantastic Shai
09:49 Shai : 8200 ce is a short below 120
09:49 Saheer : No. VIX at 84.3 and increasing
09:49 Suhas : +1 shai…done 2 short trades in otm calls
09:49 Suhas : just need to select a good piillback and short
09:50 Vishnu : shai in sell to melt the pe 6800-6950 in good qty already in good profit boooked half and moved to cost balance
09:51 Shai : trailing sl 7810 from here
09:51 Shai : out to test that 7670 zone
09:55 Ankit : needs to break 7720 frmly
09:55 Srividhya : Shai – Is it ok to take a fresh short position now ?
09:55 Himanshu : today volume is dry less than 30% of yday in OI
09:55 Himanshu : rollovers
09:56 Shai : roll overs will be lesser this month
09:56 Shai : SEBI has closed the dukan
09:56 Himanshu : k
09:57 Himanshu : heard volume shifted to SGX consdiering closure
09:57 Himanshu : ya
09:57 Shai : 🙂
09:57 Vishnu : so what will be april shai lesser vol will premiums na
09:58 Shai : 7810 trailing
09:58 Shai : COT red is again reducing
09:58 Shai : yes rollover data shows shorts booking and not going to april much
09:59 Himanshu : bulls was infected with corona
09:59 Himanshu : now bear is also worried
09:59 Vishnu : good need buyers demand to utilize we lack buyers also in here
10:00 Sachin : does it mean we might see meltdown after expiry shai?
10:00 Uttam : 58k frreen
10:00 Uttam : green*
10:00 Shai : once again today same thing. we saw big red at 7900 plus- (09:03) Shai : bias stays weak below 7900 F where the sellers appeared but the past 2 sessions have shown no big selling below 7600 yet
10:00 Jitender : +1
10:01 Suhas : 1+
10:01 Ankit : 7720 from yesterday holding
10:01 Ankit : +1 shai
10:01 Vijay : +1
10:01 Shai : problem is this zone below 7680
10:01 Saheer : +1
10:01 Sachin : shai, in today’s call at 8:30, can you pls explain the S&P futures aspect, what do you look for etc.
10:01 Shai : ok
10:01 Sachin : tnx shai
10:01 Shai : same things to look for – it’s market profile 101
10:02 Srinivas : what time is the call today? missed last week
10:02 Uttam : 8:30pm
10:02 Sameer : Now bears willl also demand for market closure 🙂
10:02 Srinivas : thx UG
10:02 Sachin : we don’t have market profile for S&P 😉
10:02 Shai : tom 08.30
10:02 Uttam : yes tom Thursday 🙂
10:02 Srinivas : ok
10:02 Sachin : yes oh sorry, tomorrow 8:30 pm. this morning was so hectic, washing, cleaning… realized value of my home maids 😉
10:02 Rajiv : where do we join this call?
10:02 Rajiv : is there a link?
10:02 Uttam : (10:00) Uttam : 58k frreen(10:00) Uttam : green*
10:03 Uttam : same trading room login Rajiv
10:03 Rajiv : ok thanks uttam
10:04 Uttam : 7750 building vols here in NF
10:05 Uttam : dPOC also there
10:05 Vijay : lots of whips in option premiums
10:05 Saheer : 58K green is defending?
10:06 Govind : can do an 80% UG?
10:06 Govind : trying to?
10:06 Uttam : 7735-7701 imp zone if defended can get back to 7900 once that 7820 taken out
10:08 Avinash : Shai is there RB bel 7680
10:08 Govind : thanks UG
10:09 Uttam : 7780 IB
10:09 Govind : the IB label has a volume threshold to show up?
10:10 Govind : take that ywap
10:10 Uttam : 7818.9 high so far
10:10 Govind : both indices close to ywap
10:11 Uttam : 7820 needs to be taken out in NF
10:11 Uttam : RS just below vwap forming
10:13 Himanshu : 15000 PE 234-188
10:13 Uttam : demand there in NF
10:13 Himanshu : Out
10:13 Uttam : fight is on here
10:15 Avinash : 31K Buyer is covering
10:16 Himanshu : since no FII volume Local punters have chnace to swing the day both side
10:17 Boppanna : BNF 17000 to 850 trade reason sold at 17000 as PB failed to get into Uttam’s b) hypo at 17096 PB high so far around 17060
10:17 Srinivas : +1
10:17 Boppanna : *get out of
10:19 Himanshu : options will follow their own order book
10:19 Himanshu : then Fut – Spot or Greeks
10:20 Himanshu : we might see – reverse price action in them
10:20 Himanshu : i just observe that in BNF OTM PEs
10:21 Himanshu : so if sellers volume is low prices bouncing up >>
10:21 Ankit : will be coiling here
10:21 Sameer : are we done for day … IVs are 150-200 and NF/BNF moving just 1-2%
10:21 Ankit : ?
10:21 Himanshu : rembered Jit – told me once – that for selling one partiular strike OTM PE – order book was lean – hence was not cofortable s- observed that
10:22 Vijay : 2 traders Corona positive at NYSE trading floor
10:22 Himanshu : hence they closed the floor
10:22 Himanshu : only electronic
10:25 Jitender : yday news
10:25 Jitender : tey r floatn it now
10:25 Sachin : americans have been real stuip in my opinion. all over the place, jumpy and aimless. Lot’s of twitter comments and rollbacks, bunch of jokers
10:25 Jitender : the moment mkt falls..the bugger starts cryn fr close
10:25 Boppanna : @Vijay that’s a 1 week old news
10:25 Jitender : else hez k
10:25 Jitender : must b really stuck
10:26 Sachin : whom are we talking about?
10:26 Sachin : oh another set of jokers
10:27 Vijay : I deal with my US clients and they seem to not care much, Instead they think there will be a disaster in India.
10:27 Sachin : worst is this guy in bloomberg who is now getting beaten red n blue
10:28 Govind : above your HVN now Uttam
10:29 Rajiv : NIce Greens over Vwap
10:29 Vishnu : dhoka going
10:30 Kushal : open auction in this mkt feels so weird…
10:30 Sanjib : Today is the best day to write Options – Straddles and Strangles
10:31 Sanjib : Can hold overnight also – can be a bonanza
10:32 Vishnu : vix is too high margins are too hogh risk also too high dont be a firefighter sanjib do it in intra
10:33 Sanjib : Tomorrow is expiry Vishnu. If NF stays within range (because of non-participation by FII, i.e. OTF), then a straight 100 points drop in premium of the straddle can be expected on opening tomorrow
10:34 Shai : yes- (10:09) Govind : the IB label has a volume threshold to show up?
10:34 Shai : same with RS and RB
10:34 Shai : And IS also has volo filters
10:34 Govind : Ok Shai
10:35 Uttam : (10:06) Uttam : 7735-7701 imp zone if defended can get back to 7900 once that 7820 taken out
10:35 Uttam : 7820 to 7860 50% done, rest rmaisn
10:35 Shai : but we are better at interpreting this as we can make better informed choices versus the alerts
10:35 Govind : Yes, of course
10:35 Vishnu : yes sanjib but always do it in intra we are in mkt were range is more than 500 points . so be intra is good. isit correct shai?
10:35 Shai : so use it as a guide, but manually still run the process
10:35 Govind : Ok will do Shai, thanks
10:36 Jitender : +1 uttam
10:37 Shai : may move to 7935
10:37 Rajan : and data interpretation is an art which we are learning everyday in the room..right Shai?
10:37 Vishnu : yes
10:38 Sanjib : Vishnu – you missed my point. My surmise is that FIIs are absent today, so unlikely that we will get a 500 point range in NF today or tomorrow. The 7900 straddle is available at 570. Well, to each its own. If concerned, buy an Iron Butterfly instead with defined risk
10:38 Govind : 7900CE from 211 to 242
10:38 Suhas : 7700 pe from 234 to 206
10:39 Vishnu : ok ur correct i said my point is risk in feb and march different as we are in a area of vix above79
10:39 Uttam : 50k green at 78770
10:39 Vishnu : sanjib i did one last week ironfly which went loss of 2.9l
10:40 KK : 50K green stuck
10:40 Sachin : there has been a massive vol crush, look at 17000 ce and pe on bn from 9:15 to now
10:40 KK : may
10:41 Sachin : sweet 300 points both sides
10:41 KK : charts lag
10:42 Uttam : this guy stalled the probe hgiher – (10:39) Uttam : 50k green at 78770
10:42 Kushal : yes UG
10:43 Kushal : is the economic package announcement today?
10:43 Jitender : btw 11 days mkt is off in the 21 days
10:43 Uttam : 7825 ia the IB at vwap
10:43 Jitender : chrts laggn ?
10:44 Vishnu : ys
10:44 Uttam : Vix cooling
10:44 Uttam : below 80
10:45 Sanjib : Vishnu – if you buy 1 7800 PE, 1 8000 CE, and Sell 1 7900 CE and PE, you have a no loss trade. In fact, Rs 396 is the minimum profit you’ll get; no matter where Nifty goes tomorrow. Profit is highest at Rs 7966, if Nifty closes at 7900 tomorrow
10:46 Suresh : chart is lagging
10:46 Sanjib : Multiply it by number of lots you wish to get your profits up and running
10:46 Ankit : pheww 1.2 DT done
10:46 Sanjib : You can check the payoff graph for free at opstra.definedge.com
10:46 Ankit : was stuck in contra at vwap in the last one
10:47 Kushal : +1 Ankit
10:47 Prateeek : congrats ankit
10:48 Ankit : thx guys
10:48 Ankit : 7730 might come
10:48 Ankit : ?
10:48 Jitender : 17090-16780 hal done
10:49 Kushal : IS
10:51 Sameer : scalper’s day ?
10:51 Jitender : yup
10:51 Boppanna : +1 Jit
10:51 Jitender : all out
10:51 Srinivas : @Sanjib, I see the arbitrage but getting fills is extremely difficult, unless we have US style of orders where we can put butterfly in 1 order
10:51 Jitender : grt Ankit
10:52 Anil : Premium not moving much, rather coming down fast now
10:52 Jitender : Sri..u need also fr tat
10:52 Himanshu : 8000 ce 175-142
10:52 Himanshu : out
10:52 Ankit : thank you jit
10:52 Jitender : try symphony from omensys…tey gv such algo’s
10:52 Jitender : +1 H
10:52 Himanshu : Jitubhai
10:52 Himanshu : Good morning
10:52 Jitender : Gm ji
10:52 Anil : anyone doing BN writing using Zerodha ?
10:53 Govind : Senate reaches deal, CSPAN News
10:53 Srinivas : congo H.. you are rocking both sides today 😉
10:54 Govind : $2 trillion deal
10:54 Jitender : Gov Poleski said wed deal wud be signed…its priced in
10:54 Srinivas : +1
10:54 Sanjib : Srinivas, agree…even without the fill, look at the risk:reward ratio
10:54 Jitender : 6 trillion $ ..total incl this deal & fed
10:54 Prateeek : gold went up in the meanwhile
10:54 Govind : Senate still in progress, I am watching live
10:54 Himanshu : Srini Thx
10:54 Govind : but may be they will sign tomorrow like u said
10:54 Srinivas : massive.. approx $24k/adult / year cost
10:55 Himanshu : today Wd so premium will melt fast
10:55 Himanshu : so takich chances
10:55 Jitender : Gpld has faced a default from a global bank….physical gold to be delievered fr shrtfall
10:55 Jitender : *Gold
10:55 Himanshu : BC
10:55 Himanshu : I know some sleoton will will come
10:56 Srinivas : +1 Sanjib.. yes R:R is good for risk takers
10:56 Himanshu : 3 DT done – send withdrwal request for py out
10:57 Himanshu : today desktop Motilal is misbehaving
10:57 Himanshu : guys keep withdrwaing profit
10:57 Govind : Jit, our markets not moving because of the 21-day shutdown?
10:57 Govind : waiting for NS perhaps
10:57 Jitender : vols
10:58 Jitender : after 2mrw…tey will suck more
10:58 Jitender : sebi effect
10:58 Govind : yes, April has 4 holidays too
10:58 Himanshu : 10 holidays out of 21 days
10:58 Jitender : (10:43) Jitender : btw 11 days mkt is off in the 21 days
10:58 Himanshu : so local pinter will have jolly ride
10:59 Ankit : ohh god.. will have to engage somehwere else
10:59 Ankit : thinkingn to learn professional poker
10:59 Himanshu : All TPOS will be ‘C@ type making C out of retail
10:59 Ankit : 😛
10:59 Jitender : no gf in same building Ankit ?
10:59 Himanshu : haha
10:59 Govind : both vwaps are almost the same in NF
10:59 Srinivas : hehe
10:59 Kushal : lol
10:59 Rajan : +100 Ankit..even i was also thinking the same
11:00 Ankit : haha arey there in one 1 km away par bc bahar laathicharge chaalu ai
11:00 Himanshu : this is social distancing time – Mask is to avoid intimacy
11:00 Ankit : haha
11:00 Ankit : too much risk for the reward
11:00 Ankit : :p
11:00 Vishnu : glouse also
11:00 Himanshu : Police vidos are getting viral –
11:00 Himanshu : Shaeen baugh ka frustation bhi niklaga by ploce
11:01 Ankit : haha
11:01 Shai : 🙂
11:01 Ankit : 69 keep your away from any sneezing or coughing
11:01 Himanshu : today Mumbai dense aeas Bhidi Bazar and else where
11:01 Ankit : of the other person
11:01 Shai : Manage positions
11:01 Ankit : :-p
11:01 Himanshu : police bajao G per barabar
11:01 Shai : bid ask is goinbg wild
11:02 Vishnu : yes shai
11:02 Ankit : okay chief!
11:02 Srinivas : yeah.. 50-70p in near OTM is crazy
11:02 Srinivas : in NF
11:03 Kushal : +1 Shai
11:07 Govind : Mitch McConell speaking now
11:07 Uttam : COT in plus no selling at vwap
11:09 Yash null : . 0.5dt done, small trades
11:10 Ankit : +1 yash
11:10 Ankit : keep the qty very small only
11:11 Uttam : 7830
11:11 Yash null : am keeping tgt very small
11:12 Yash null : 7800 ce pe rotating with cot
11:13 Rajesh : means
11:14 Kiran : ce and pe both are struggling to cross vwap…looks like no side has conviction today
11:14 Yash null : wen pe is near low, wait for red cot
11:15 Rajesh : ok
11:15 Shai : yes\
11:15 Shai : this is a “shrink the OTM cepe” zone
11:15 Yash null : wen ce is near low wait for blue cot in good numbers
11:15 Shai : happens before settelemnt
11:16 Shai : vix shoulkd cool down to 77 I think
11:16 Shai : 87 was a big high
11:16 Shai : diff to cross that 1’
11:17 Yash null : no red cot for last 6 bar
11:17 Govind : this 21 day lockdown anouncement was a major market event too Shai? it went down in anticipation of something like this from happening?
11:18 Yash null : bulls gaining some confidence, or 100 sunar ki….. 1 lohar ki
11:21 Shai : lock down was expected
11:21 Shai : 21 days is too much I feel though
11:21 Saheer : 14 days was expecting
11:21 Shai : we all spoke of the expected lockdown yesterday
11:21 Saheer : Max
11:21 Sameer : US is worst and Trump taking about bringing peole back to work … another extrme 🙂
11:22 Shai : 🙂
11:22 Saheer : initially was expecting till Mar 31
11:22 Shai : trump wants high GDP for relection
11:22 Shai : A bad job market is bad for these guys
11:23 Saheer : he is looking short cuts for repair
11:23 Govind : yes, that is why he wants people to go back to work by easter
11:23 Sameer : bas Nov sab theek jaye — Trump 🙂
11:24 Govind : Both indices in a wedge Himanshu
11:26 Piyush : US Stimulus deal reached. 2 TN USD
11:28 Suhas : any news?
11:28 Saheer : Good volume in this candle comparing recent ones
11:29 Himanshu : 16000 PE 3334-261
11:29 Himanshu : 334-261 Out
11:29 Suhas : consistant positive cot building Shai..can we go long
11:30 Shai : 78 vix
11:30 Govind : 7900ce from 216 to 240; 75% out
11:30 Himanshu : bc – 16K PE crashed to 229
11:30 Himanshu : got out 164
11:30 Ankit : +1 govind
11:30 Shai : Almost there – (10:37) Shai : may move to 7935
11:30 Govind : COngo Himanshu
11:30 Himanshu : – the way bid ask is jumping order of amrket are getting sliipage
11:31 Govind : thanks Ankit, very tough to trade today
11:31 Yash null : all blue cotsl
11:31 Srinivas : congo Gov & H
11:31 Shai : yes on the blue COT
11:31 Ankit : yes govind.. PLR is up for now imo
11:31 Shai : first view was a short on the red COT
11:31 Himanshu : Govind =1 – you hav egot 7900 CE – lemon
11:31 Shai : This wa son the blue from 10.30- (10:37) Shai : may move to 7935
11:31 Govind : Not sure Ankit, we need to break DL or DH
11:31 Shai : easy it is to trade no? 🙂
11:32 Govind : first trade was easy Shai
11:32 Shai : j/jk
11:32 Shai : balance working
11:32 Govind : and then mind games started (in my head) 🙂
11:32 Shai : trading is never easy
11:32 Ankit : true govind.. till it is above 7860 am expecting above only… might be wrong
11:32 Suhas : this was unexpected move i was abt to short call
11:32 Himanshu : yes
11:32 Himanshu : gov today premium melt is easy game
11:32 Ankit : hehe mind games
11:32 Sameer : Shai, avoid breakout/breakdown trades today ?
11:32 Himanshu : so OTM PE /CE short is good
11:33 Govind : Suhas, not much selling was see around Vwap no; UG also mentioned
11:33 Himanshu : Then long casuse they may be slow
11:33 Shai : watching 7937 for red cor and a short
11:33 Suhas : why this happens shai..do they operate such moves?
11:33 Govind : Yes Shai, me too
11:33 Shai : no one can operate the index Suhas
11:34 Suhas : ok Shai
11:34 Shai : that is wishful retail thinking of people with no clue of how the markets run
11:34 Yash null : shai above 7930???
11:35 Yash null : next ref, in case we sustain?
11:35 Saheer : No red yet
11:35 Shai : 7937-55 is where the seller came at 09.20
11:35 Uttam : Vix cooling
11:35 Shai : yes
11:35 Uttam : 77.7
11:36 Uttam : 7920 neds to be taken out
11:36 Uttam : can 7971
11:36 Uttam : 80% rule
11:36 Uttam : we have been in the 2-day comp Value in NF
11:36 Shai : had it in my notes vix to cool off – (11:35) Uttam : Vix cooling
11:36 Uttam : BNF between comp poc & VAL
11:36 Shai : had mentioned it yesterday also
11:37 Uttam : +100 Shai
11:37 Yash null : almostt50mins and No red cot?
11:37 Shai : 77 breaks wioll be fun
11:38 Himanshu : RS – UG
11:38 Himanshu : 59K
11:39 Uttam : 17345 new high in BNF – (09:19) Uttam : 17355 coming in BNF if sustains above 17200
11:40 Rajesh : no screen
11:40 Sanjib : screen is there, Rajesh
11:40 Uttam : working fine Rajesh
11:45 Kiran : screen gone
11:45 Uttam : 5min one working
11:45 Ankit : join me link is working guys
11:45 Ankit : us that
11:45 Ankit : *use
11:46 Uttam : back
11:46 Sanjib : total lack of volumes
11:46 Chetas : shai, if volatality breaks 77, shoulw we expect the nifty ro rally higher further?
11:47 Shai : may
11:47 Shai : but it means options pricing will cool faster
11:47 Chetas : also if vol breaks 77, such a rally will not result in CE rally and PE will fall more
11:47 Chetas : expiry ones
11:47 Chetas : ok. thanks
11:47 Kushal : deep OTMs will get nothing but water… they will melt like ice on a stove
11:47 Kushal : calls i mean
11:49 Sanjib : my 7900 short straddle is down by 110 points since yesterday ( and we are at yesterday’s closing price now)
11:50 Srinivas : congo Sanjib.. premiums are melting fast today
11:50 Chetas : on a normal espiry wednesday, 8000 ce which trades at 184 would trade like 40Rs. unbeleivable. I think evn in 2008 such a high pricing was not there
11:50 Jitender : Shai..wats yr thoughts to deploy further tranch of capital fr stock buying ..?
11:50 Ankit : yes shai
11:51 Ankit : waiting for 6800 as of now… Nifty 50 etf i am investing
11:51 Sanjib : yes Srini, have a mental SL of 540 for the straddle and will wait for decay. Might carry over tomorrow ….let’s see
11:51 Ankit : no particular stock
11:51 Srinivas : good read for anyone interested in understanding bottoms
11:51 Srinivas : http://docs.mta.org/pdfs/dowaward-2010.pdf
11:51 Shai : Intra – short NF below 7885 sl of 7945 tgt 7796
11:51 Shai : shirt below
11:52 Uttam : RE coming upside in NF? supply seems to be getting abosrobed
11:52 Shai : can I think do it in parts between today and friday- (11:50) Jitender : Shai..wats yr thoughts to deploy further tranch of capital fr stock buying ..?
11:52 Sanjib : I have bought NIFTYBEES today at 84.5
11:52 Jitender : 30-40% or entire ?
11:52 Shai : 20%
11:53 Shai : let price confirm for more
11:53 Ankit : okay shai
11:53 Ankit : uddhav thackrey to address the state at 12:30
11:53 Suyog : just noticed something.. since the gap-down on 12th March.. first time yest, the composite POC moved to lower quad at 7880..
11:53 Suyog : https://mplite.vtrender.com/?symbol=NIFTY&tf=daily&tpo=12&amt=&sp=1&startDate=12-03-2020&endDate=24-03-2020&nDays=9&idstr=&dstr=9&rst=1&iam=
11:53 Jitender : tx Shai
11:54 Uttam : 27k green at 7940
11:54 Shai : +1 Suyog
11:54 Uttam : can he get help
11:55 Shai : For those guys who are not into portfolio building yet and have some cash to spare
11:55 Shai : I have seen how the market responds to such events
11:55 Shai : the next 3 years you can expect over a 100% return on good value stcks
11:55 Shai : have to have a long term outllok
11:55 Himanshu : 30 mt cot +ve 26k
11:55 Himanshu : + chief
11:56 Shai : the lehman criis was at it’s worst in 2008
11:56 Vijay : @shai please share some stocks
11:56 Shai : the recovery was from March 2009
11:56 Shai : takes some time and take your time to pick and choose
11:56 Shai : but am expecting multiple 10% days once this is done
11:56 Himanshu : Pure div play – NTPC – .65 Book value with Div yeild 7.85 %
11:57 Himanshu : better than Bond and the only sector in poor GDP which has 7% positive growth
11:57 Himanshu : Power generation
11:57 Prateeek : dsp healthcare fund for pharma play
11:57 Gopi : will wait shai
11:57 Shai : yeah there is time
11:57 Himanshu : PE ratio 5.8 – so sub 15 of Nifty
11:57 Ankit : 8k ce 178 to 198
11:58 Himanshu : Bok value 108
11:58 Himanshu : Dividend 60%
11:58 Rajan : +1 Ankit
11:59 Himanshu : so if we buy such scrip which has no further downside left much – we can use it as margin and trade also
11:59 Uttam : (11:52) Uttam : RE coming upside in NF? supply seems to be getting abosrobed
12:00 Ankit : thx rajan
12:00 Shai : +1
12:00 Shai : diff in the same prices this morning and now is the COT
12:00 Ankit : thx chief 🙂
12:01 Kiran : ce 7800 305-331
12:01 Ankit : this is third day in one week where has been flat in the morning and 11:15 to 11:30 a big üpmove”came
12:02 Ankit : 1st day got whipped
12:02 Ankit : 2nd and today – rode it
12:02 Shai : nice obs +1
12:03 Ankit : thanks chief 😀
12:05 Kushal : +1 Ankit.. also notice that frydays have become nofrydays
12:06 Ankit : thx kushal.. ohh will check.. i feel abhi to everyday is liek fryday
12:06 Kiran : and mondays have become fridays…. with big gaps
12:06 Ankit : *like
12:07 Kushal : +1 Kiran
12:07 Kushal : yes Ankit
12:08 Uttam : can NF make new hgihs in 6 mins?
12:08 Ankit : +1 kiran
12:10 Uttam : wow one 5min bar has COT 0
12:10 Uttam : boom boom
12:10 Ankit : +1 uttam
12:10 Uttam : je baat – (12:08) Uttam : can NF make new hgihs in 6 mins?
12:11 Chintan : +1 UG
12:11 Avinash : Ati Uttam UG
12:11 Shai : +1 Uttam
12:12 Prateeek : 7919 to 7964. thanks ug
12:12 Govind : UG the NF whisperer
12:12 Uttam : _/\_ thanks guys
12:12 Himanshu : UG – Uttam Guide
12:13 Govind : 11k red slowing it down
12:13 Himanshu : UG booked partially there
12:13 Uttam : 80% done
12:13 Sanjib : Fantastic, Uttam 🙂
12:13 Himanshu : UG bookded partialy there – Gov
12:13 Govind : 🙂
12:13 Govind : and Vishnu
12:13 Himanshu : cause 80 % as per rule book
12:14 Himanshu : he is rule book player
12:14 Uttam : set ups & OF, bas aur kya chahiye 🙂
12:14 Himanshu : Vishnu to bhai – you see – name suggests
12:14 Uttam : (11:52) Uttam : RE coming upside in NF? supply seems to be getting abosrobed
12:14 Kushal : +1 UG 🙂
12:15 Himanshu : Ok
12:15 Himanshu : UG i was watching COTs of 30 mts join me chart
12:15 Himanshu : from C onwards
12:15 Rajiv : Shai do we have a position today?
12:15 Himanshu : we can rely on those cot numbers
12:15 Himanshu : – ok
12:15 Uttam : 7998-8007 next
12:16 Uttam : if stays above 7971
12:16 Kushal : @Shai have one question.. let’s say if an institution or a big guy places a LLT of 1lac qty a buy/sell on NF..
12:16 Uttam : imp zone this
12:17 Kushal : So he will come again to push prices again in his direction ? Or other algos/institutions pick up the big LLT and take it from there?
12:17 Uttam : both 7900ce&pe being written looks like
12:18 Vishnu : no i ddint nothing
12:18 Rajesh : whoever is mighty will be reflected in cot, i think
12:18 Vishnu : just did and made dt from pe sell 6950-6800 pe sold at each strike got 50+so total 180 points and out
12:19 Govind : pink bands at top in two bars
12:19 Suresh : what does pink band represents
12:19 Vishnu : pink bands
12:19 Vishnu : imbalance
12:19 Shai : 7903 are the 2 guiys who created this leg up
12:19 Shai : that is the supp
12:19 Shai : 7910**\
12:20 Uttam : longs booking
12:20 Uttam : big consecutive red cot
12:21 Uttam : pink band at top too
12:21 Uttam : 7932 defending for now
12:22 Shai : will answer questions when it quitens down
12:22 Shai : immpassage here
12:22 Shai : IBH saw loiquidation
12:22 Kushal : +1 Shai
12:23 Shai : 7900- 10 supp zone
12:23 Shai : below that reds willl add
12:23 Ankit : +1 shai
12:26 Uttam : dPOC also there at 7914
12:27 Anil : timepass going on, premium erosion time
12:29 Uttam : fresh RE?
12:29 Ankit : seems like
12:30 Himanshu : bnf to lead
12:30 Himanshu : if new RE
12:30 Uttam : BNFfff
12:32 Yash : 7800ce struggling around 330
12:32 Uttam : vix coming down not helping option premiums
12:34 Himanshu : booom
12:34 Himanshu : aaaja
12:34 Himanshu : aaja
12:35 Govind : I’ve been long in NF APR futures since 7890, now @ 8005.
12:35 Govind : Just 1 lot though
12:35 Himanshu : dont book let it rise
12:35 Himanshu : arey
12:35 Uttam : nice Gov 🙂 congo
12:35 MJ : Cheers Gov.
12:36 Govind : Thanks guys, not booking now
12:36 Kushal : +1 Gov cheers
12:36 Suhas : +1
12:36 Ankit : +1 gov
12:36 Shai : can spike to 8036 sl ofg 7940 now all longs
12:36 Uttam : 8007 here
12:36 Uttam : 266 to 285 7900ce
12:37 Govind : almost same here Uttam
12:37 Uttam : (12:15) Uttam : 7998-8007 next(12:16) Uttam : if stays above 7971(12:21) Uttam : 7932 defending for now
12:37 MJ : nice Uttam.
12:37 MJ : I was in it too.
12:37 Uttam : next up is the 1atr tgt of 8061
12:37 MJ : booked 50% at 282
12:37 Uttam : 900ce writers got into troble
12:38 Shai : spike zone this is
12:38 Uttam : boom boom
12:38 Uttam : this gave more confirmation – (12:30) Uttam : BNFfff
12:38 Shai : +1
12:38 Shai : spike- (12:36) Shai : can spike to 8036 sl ofg 7940 now all longs
12:38 Uttam : done – (12:37) Uttam : 900ce writers got into troble
12:39 Uttam : 175500580 imp ref in BNF
12:39 Prateeek : 7943 to 8045. thanks ug.
12:39 Uttam : 17550-580
12:39 Govind : Nice move that, about time
12:39 Uttam : congrats Prateek
12:39 Govind : Uttam, sorry I was in 8000PE
12:39 Uttam : 8055 NF
12:40 Govind : 8000CE
12:40 Govind : damn, I am tired already
12:40 Uttam : cool Gov
12:40 Uttam : kitna chaapoge 😉
12:40 Yash : 0.25 qty trailing now!
12:40 Uttam : 8090 next if 8061 taken out
12:40 Ankit : hehe +1 govind and uttam
12:40 Govind : Happy Ugadhi to everyone, we celebrate Ugadhi in our family
12:40 Yash : thank you guys, am improving, 😀
12:41 MJ : Get it UG.
12:41 Seshadri : happy Ugadi
12:41 MJ : Happy Ugadi and Gudi Padva to all the folks.
12:41 Govind : Telugu/Marathi new year 21 day shutdow begins and Tamil new year it ends 🙂
12:41 Uttam : Happy Ugadi & Gudi Padwa All 🙂 _/\_
12:42 Suhas : +1
12:42 Srinivas : +1 Happy Ugadi all
12:42 Uttam : jaan abhi baaki hai NF
12:42 Jitender : Happy Ugadi & Gudi Padwa
12:43 Uttam : 8090 then 8130
12:43 Yash : UT next, PADAV?
12:43 Uttam : BNF 17710
12:43 Yash : UG*
12:43 Uttam : 8090 done
12:43 Uttam : to the dot 🙂
12:44 Uttam : 8130
12:44 Uttam : met up
12:44 Uttam : melt up
12:44 Govind : 8100ce from 198 to 225
12:44 Uttam : BNF 17710
12:44 Govind : had to take that trade
12:44 Uttam : 1atr from 16020
12:44 Boppanna : 18KCE 270-360
12:44 Govind : breakout meltup 🙂
12:44 Uttam : boom ka boom
12:44 Uttam : 17711 here
12:44 Kushal : kaboom literally UG 🙂
12:45 Yash : 100pt in 7800ce trailing! only two lots were left but am happy!
12:45 Govind : Congo Yash
12:45 MJ : Allout 7900 ce. just one trade for the day.
12:45 Prateeek : congrats guys
12:45 MJ : Congrats room.
12:46 Govind : DH exactly 8100
12:46 Yash : now holding just one lot ,,,,shukan ka 😀
12:46 Govind : Congo MJ
12:46 Shai : Buy NF abv 8108 for 8227 sl of 8040
12:46 Shai : only for risk takers
12:47 Shai : 8036-40 new supp abv 7910
12:47 Govind : 53k red
12:48 Yash : finally out,
12:48 Yash : lil away from 2dt!
12:48 MJ : Thanks Gov.
12:48 MJ : COT not dropping at DHI. More stem?
12:49 MJ : Steam*
12:49 Yash : it’s just 1pm :S
12:49 Shai : NF in
12:49 Uttam : 8130 here
12:52 Ravi : COT is red
12:53 Uttam : 8200ce from 193 to 213
12:53 Boppanna : +1 Uttam
12:53 Ankit : gajabb
12:53 Uttam : 8175-89 nxt in NF
12:53 Ankit : yes
12:53 Govind : that 1 lot trade at 1 DT now
12:53 Ankit : we should see soem sellers there
12:54 Ankit : +100 govind
12:54 Govind : 280 points
12:54 Uttam : super Gov
12:54 Govind : thanks guys
12:54 Uttam : more coming
12:54 Kushal : +1 Gov
12:55 Shai : book 8160- (12:46) Shai : Buy NF abv 8108 for 8227 sl of 8040
12:55 Govind : yeah, still in it but will exit if it goes below 1 dt
12:55 Sameer : Uttam BNF levels please
12:55 Uttam : 17925-950 imp zone Sameer
12:55 Sameer : OK
12:55 Uttam : c) Above 17580, BNF can probe higher to 17630 / 17711-720 / 17810-880 / 17925-950 / 18025 & 18130-200
12:55 Uttam : a) NF has immediate supply at 7879-7893 above which it could rise to 7920 / 7950-71 / 7998-8007 / 8061-90 / 8130 & 8175-89
12:56 Uttam : Trend Day set up
12:56 Uttam : so be careful of the afternoon pull back
12:57 Uttam : BNF beast mode today
12:57 Shai : https://twitter.com/CNBCTV18Live/status/1242714593308246016?s=20
12:57 Uttam : CE writers in NF taken for a big painful ride
12:57 Shai : Remember this always for cuclical runs
12:58 Shai : Finacailas lead lower
12:58 Tejpreet : Uttam get ready with your extended hypo for bn today
12:58 Shai : And the first sign always that things are bottomining
12:58 Uttam : here Tej 🙂 – e) BNF if gets accepted above 18200* could lead to a rise to 18280-300 / 18435 / 18523-599 / 18790 & 18910-930
12:58 Shai : we are close to a bottom priocess now
12:58 Shai : but it is a process not an event
12:58 Uttam : yes Shai
12:59 Avinash : Gr8 Insight SHai
12:59 Avinash : Ty
12:59 Uttam : it has been an awesoem ride down & lets do the same on the upside also 🙂
12:59 Tejpreet : perfect 18790 was also on my list.
12:59 Suhas : +1 shai
12:59 Govind : Giddyup
12:59 Uttam : +1 Tej
12:59 Uttam : hypo copy kkiya ya leak ho gaya 😉
12:59 Tejpreet : bot ke liye tha.
12:59 Ankit : haha
13:00 Suhas : Shai what abt this 21 day lockdown….is it already factored in
13:00 Uttam : 18k BNF
13:00 Govind : off to lunch, see you around EURO open
13:00 Uttam : 18015 done
13:01 Uttam : NG high 8169 😉
13:01 Uttam : NF*
13:01 Uttam : BNF has taken the lead now
13:02 Uttam : boom boom again
13:02 Uttam : 18200 coming
13:02 Uttam : came
13:02 Uttam : 🙂
13:03 Uttam : crazy
13:03 Uttam : Tej you doing this?
13:03 Himanshu : it zoomed outside my monitot – now charing on thw wall to celing
13:03 Uttam : wow
13:04 Uttam : (12:57) Uttam : BNF beast mode today
13:04 Uttam : NF 8187 high
13:05 Yash : waiting for pull back,
13:05 Uttam : c) Above 8189, NF can probe higher to 8226 / 8260-90 / 8340-60 / 8400 / 8435-50 / 8490-8510 & 8556-68*
13:05 Ankit : 8190 crucial
13:06 Uttam : strong uptredn Ankit
13:06 Ankit : yes
13:06 Uttam : PLR remains up
13:06 Ankit : yes UG
13:06 Sameer : Uttam pullback level to buy BNF as its mighty uptrend
13:06 Ankit : not in trade as of now
13:06 Uttam : when BNF is in this kind of mood levels do not matter
13:06 Boppanna : 18KCe does 900
13:06 Ankit : hehe acha
13:06 Yash : no pull back?
13:06 Boppanna : left me and sailed away
13:06 Uttam : check with Tej if hes giving PB
13:06 Yash : absorbing……………?
13:07 Ankit : haha
13:07 Ankit : 13: 45 may be
13:07 Ankit : below 8100
13:07 Himanshu : thk god i did my cot in abcd
13:07 Ankit : till then no way
13:07 Anil : COTs minus still price going UP
13:07 Himanshu : this move if was contra could not have had exit
13:09 Uttam : NF’s turn now
13:10 Shai : 8130 sl for anyone still long
13:10 Uttam : 8226 above 8189
13:10 Uttam : 18200 immd ref in BNF
13:10 Uttam : IB at 18k
13:10 Sameer : Shai … is this rally getting sold as COTs -ve in allgreen candles
13:10 Uttam : got 0s there too
13:10 Shai : An rally happens often- cot negative is longs booking – (13:07) Anil : COTs minus still price going UP
13:10 Shai : *can
13:11 Shai : Till you get an IS on red COT the rally is good
13:11 Uttam : 8200ce still at 213
13:11 Uttam : booked almost 50points back 😉
13:11 Suhas : +1
13:11 Shai : 8227 amd 8358 2 destinations
13:11 Jitender : 17.4ce+17.1 pe combo from 996…booked at 1417
13:11 Shai : +1
13:12 Uttam : nice Jit 🙂 congrats
13:12 Ankit : +1
13:12 Ankit : silent killer
13:12 Jitender : tx guys
13:12 Jitender : is 1600 now Ankit
13:12 Suhas : +1 jit
13:12 Uttam : Jit from 8169 you got NF to 8196
13:12 Rajesh : done with 13900 put from 210 to 35…
13:12 Uttam : itna possesive 😉
13:12 Ankit : hehe saara profit ek hi trade mein 😛
13:12 Jitender : nf was all u Uttam 🙂
13:12 Sameer : Uttam …if BNF in uptrend then its consolidating perfectely here ?
13:12 Prateeek : congrats guys. i also did 1.3 dt now
13:13 Jitender : congo
13:13 Ankit : +1 prateek
13:13 Uttam : @Sameer BNF is in beast mode today so can do anything
13:13 Sameer : OHK
13:14 Uttam : this is the spot hypo for BN – E) Above 18225* , BankNifty could start a new leg up to 18293 / 18361 / 18430 / 18495 / 18565 & 18633-700
13:14 Uttam : 8216 so far – (13:09) Uttam : NF’s turn now(13:10) Uttam : 8226 above 8189
13:15 Uttam : 8226 here
13:15 Ankit : 8280 possible?
13:16 Uttam : BNFfffff
13:16 Tejpreet : Jit 1600 done in bn …..keep on inspiring us.
13:16 Ankit : deva deva deva
13:16 Sameer : Only way to make money here is to be very very fast with no attached emotions witth existing trades
13:16 Shai : 8160 new sl for new longs tgt 8358
13:16 Ankit : okay chief
13:16 Uttam : congrats Tej
13:16 Tejpreet : bn going for 19200
13:17 Sanjib : 2 IB done almost
13:17 Shai : (13:11) Shai : Till you get an IS on red COT the rally is good(13:11) Shai : 8227 amd 8358 2 destinations
13:17 Sameer : -16% intra ka badla aaj hi lega kya BNF ?
13:17 Uttam : 18790 next in BNF above 8599
13:17 Uttam : 18599
13:18 Shai : 8302- (13:16) Shai : 8160 new sl for new longs tgt 8358
13:18 Uttam : 8340-60 next in NF
13:18 Uttam : 8290 sup
13:19 Ankit : dhamaal
13:19 Uttam : BNF frozen?
13:19 Ankit : 3 Ib pe maanega kya haha
13:19 Shai : icici up 10% now was donw 6%
13:19 MJ : 8200 ce 227 307
13:19 Ankit : ohh
13:20 Shai : done ++
13:20 Uttam : no sellers in BNF
13:20 Jitender : bnf frozen
13:20 Tejpreet : tks Uttam
13:20 Sameer : circuit ?
13:20 Bhavani : no circuit for BNF
13:20 Uttam : NF 8400 pit stop>
13:20 Shai : BNf froze
13:20 Sameer : bnf options moving
13:20 Shai : no selelrs
13:20 Uttam : (13:19) Uttam : BNF frozen?
13:20 Uttam : (13:20) Uttam : no sellers in BNF
13:20 Shai : what is NF freeze?
13:20 Tejpreet : but no freeze in bn
13:20 Uttam : long away away
13:20 Uttam : 6.2%
13:20 Govind : BNF from 17958 to 18606, APR futures
13:20 Avinash : 8634
13:21 Kushal : 94-136 8500 CE
13:21 Manoj : BNF upper cirucit
13:21 Ankit : 12 lacs recovery on portfolio..
13:21 Ankit : aansu aa gaye dekh ke
13:21 Uttam : are wah
13:21 Uttam : super Ankit
13:21 Govind : Nice Ankit
13:21 Uttam : 🙂 – (13:21) Ankit : aansu aa gaye dekh ke
13:21 Ankit : haha ocean mein ek bucket hi kam hua hai
13:21 Ankit : 😛
13:21 Shai : Book out if in longs
13:21 Shai : we waitr mow
13:22 Uttam : aapke paas to ocean hai, hamare paas to talaab bhi nahi ;-p
13:22 Bhavani : VIX crashed to 76
13:22 Uttam : Shai did that Bhavani
13:22 Govind : Yes, exited
13:22 Ankit : haha trust me i wish it wasnt an ocean … raat ko neend aati 🙂
13:22 Uttam : he had programmed his BOT yesterday only
13:22 Govind : NF 7893 to 8325
13:22 Bhavani : HA ha.. he also tweeted and suggested the banks to go to homes of NPA guys and the banks followed it:)
13:22 Govind : all done
13:23 Rajan : +100 Gov
13:23 Prateeek : crazy move. and feels awesome when u benefit from it. congrats guys
13:23 Uttam : super Gov 🙂 new bottle of Glennfiditch for this trade
13:23 Uttam : BNF still not on
13:23 Govind : beauty was UG, just one lot
13:23 Govind : thanks UG and Rajan
13:24 Avinash : +1 Gov.
13:24 Govind : thanks Avi
13:24 Swapnil : Wow, went dish washing and missed this. Not a good day today for me. Congrats others
13:25 Kushal : 400+ points..super Gov
13:25 Shai : 8358 big ref for close now- (13:16) Shai : 8160 new sl for new longs tgt 8358
13:25 Uttam : @Swapnil opputunities there in plenty, lets take the next one mate 🙂
13:26 Shai : This has no legs if we do not close abv this number
13:26 Uttam : opportunities*
13:26 Shai : try to stay focussed
13:26 Shai : this is a moving auction
13:26 Govind : thanks guys
13:26 Swapnil : Thank you Uttam.
13:26 Shai : 8170 we watch to buy again
13:26 Tejpreet : BN out for 15 min or 30 min
13:27 Uttam : that too only futures frozen
13:27 Uttam : strange day before it dod not freeze though were were down 15%?
13:27 Tejpreet : i think a glitchthen
13:28 Uttam : dangerous glitch 😉
13:28 Saheer : BNF april is trading
13:29 Govind : Wait, so BNF does not have a LC but has a UC?
13:29 Uttam : no Gov it has to be both sides
13:30 Uttam : day before some glitch as Tej mentioned
13:30 Shai : spot is at 9.06%
13:30 Govind : oh ok
13:30 Shai : not sure what is going on
13:30 Govind : my bad, did not read Tej’s message
13:30 Shai : Anyone has a broker message?
13:30 Govind : no Shai
13:30 Uttam : day before we were down 15% in both Shai but there was no LC
13:30 Uttam : spot & fut – BN
13:30 Govind : I exited around 18585, no issues then
13:30 Uttam : 18622
13:30 Uttam : 10%
13:31 Uttam : 1 points
13:31 Shai : closing in- (13:26) Shai : 8170 we watch to buy again
13:31 Uttam : from yestrday close of
13:31 Shai : decides the afternoon
13:31 Uttam : 16930*
13:31 Shai : hope everyone closde dlongs safe
13:31 Kushal : yes Chief
13:31 Uttam : yes Shai
13:31 Yash null : yep, waiting for entry
13:32 Saheer : Yes 🙂
13:32 Chetas : bank nifty there is no upper circuit
13:32 Jitender : starts bnf
13:32 Sameer : started
13:32 Uttam : BNF opened
13:32 Avinash : Yes
13:32 Govind : yes Shai, closed
13:32 Avinash : CLosed Long
13:33 Uttam : dPOC shitfs to 18622 in BNF cos of that freeeze?
13:33 Shai : bnf up again
13:34 Uttam : IS in NF forming
13:34 Uttam : -1L COT
13:34 Suhas : 8000 ce 402 to 341
13:34 Suhas : see the 8000 ce fall after the 1 lac cot
13:35 Shai : okay holding
13:36 Shai : cot turns
13:36 Suhas : +1
13:36 Shai : + cot we buy
13:38 Govind : charts not moving?
13:38 Ankit : 8200 pe 185 to 220
13:39 Kiran : chart stuck
13:40 Lakshay : is nf 13:30 IS?
13:40 Abhijith : chart not moving?
13:41 Himanshu : 8500 Ce – 134-94
13:41 Himanshu : out
13:42 Srividhya : looks like i missed the buyimg opportunity – it came to 8170 and quickly reagained 8150
13:42 Srividhya : sorry – 8250
13:43 Manoj : charts visible ?
13:43 Abhijith : no
13:43 Abhishek Lalwani : no
13:43 Shai : buy abv 8275 fpor 8350 sl of 8240
13:43 MJ : 8176 and up again
13:43 Yash null : in!
13:43 Abhijith : chart not visible
13:43 Yash null : 800ce at 375
13:44 Tejpreet : That monthly 9k ce lottery …Shai any OF info there.
13:44 Yash null : 8000ce*
13:44 Shai : charts up?
13:44 Abhijith : no
13:44 Vishnu : no
13:44 Saheer : No
13:44 Kiran : no
13:44 Rajan : nope
13:44 Manoj : no
13:44 Vishnu : gotomeeting also not working
13:45 Rajesh : no
13:46 Shai : go to fine?
13:46 Anil : Question: People here are into Option Buying or Writing ?
13:46 Himanshu : slow but cme up chief
13:46 Govind : Shai, join me also very patchy
13:47 Govind : it says presenter connection down
13:47 Vishnu : fine goto
13:47 Himanshu : to me its saying Presenter has gone to Bank
13:47 Himanshu : haha
13:47 Jitender : 🙂
13:47 Shai : Aplogies guys- It’s a patchy net connection
13:47 Jitender : half of VT is at bank
13:47 Vishnu : no prob chief
13:47 Himanshu : jus kidding Chief- no offense
13:47 Jitender : Uttam & Gov already inside the vault
13:47 Shai : 🙂
13:48 Himanshu : Uttam si operating from there only
13:48 Shai : damn
13:48 Uttam : lol Jit
13:48 Jitender : remember to mention KS everyday…Uttam gives circuti up 🙂
13:48 Himanshu : 3 dt more on 8500 CE retracement
13:49 Vishnu : 2 ib done nf
13:49 Himanshu : now i hav eto wear glows and mask and sit tight with no order to puch
13:49 Vishnu : 3 ib at 8559?
13:49 Jitender : walk away H
13:49 Himanshu : yes
13:49 Himanshu : let me go down bye
13:49 Uttam : 8200ce from 260 to 269
13:49 Himanshu : i will eat early lunch
13:49 Jitender : ab chup chap tradn mat karna…we can catch u 🙂
13:49 Uttam : kotak account had not done nay trade so just this once order there 😉
13:50 Uttam : Ugadi ke liye
13:50 Yash : new highs possible in 8000ce?
13:51 Vishnu : this rally i used in 9000 april call 320-390
13:52 Jitender : thyrocare MD says tat 3000 called for tests…only 30 were willing to pay
13:52 Manoj : charts visible here ?
13:52 Jitender : & only 3 took the test
13:52 Ravi : no
13:53 Jitender : coz it took 3 ambulances, 3 tech with full PPE to collect the test
13:53 Srinivas : how much does it cost ?
13:53 Jitender : 4500
13:53 Srinivas : ok
13:54 Manoj : Reliance limit up
13:54 Srividhya : bought at 8280
13:55 Sameer : lol … that rumours of FB buying stake in JIO seems real ?
13:56 Saheer : if FB denies it will go limit down?
13:56 Tejpreet : Jit 4500 is cost if you get it done randomly or everyone needs to pay this much.
13:57 Sameer : last time ,,, Microsft buying stake in Yes bank rumors 🙂
13:57 MJ : ICMR has capped it at 4.5k as per their website.
13:57 Shai : Guys go here for 5 mins – https://join.me/788-689-230
13:57 Jitender : pvt labs cost Tej
13:57 Saheer : charts back
13:57 Jitender : govt testn is free
13:57 Santhosh : s
13:57 Tejpreet : ok got it Jit.
13:57 Jitender : in quarantine
13:58 MJ : RIL from bossman’s 920 does 1085 $$$$
13:58 MJ : Thanks chief. /\
13:58 Srividhya : exited at 8320
14:00 Govind : decent buying here
14:01 Tejpreet : RIL with most MF so being pumped up for annual NAV on 31st.
14:03 MJ : +1 tp
14:03 Rajiv : Charts down or it is my connection
14:04 Sameer : Uttam…BNF thak gaya…not moving with NF for last 30 minutes
14:04 Sameer : ?
14:05 Kushal : ya seems exhausted
14:06 Rajesh : thanks Shai
14:06 Rajesh : charts fine now
14:07 Kushal : RIL on upper circuit..wow
14:07 Prateeek : fiscal stimulus has been passed today in us. the rally for 2 days had that priced in or not is the question
14:08 Kushal : QE.. will expand US Fed Balance sheet by 6 Trillion $ !
14:09 Prateeek : that shall lead to hyperinflation. and make their balancesheet/gdp ratio to 35 percent odd. then the question arises – do central banks need capital
14:10 Himanshu : prateek- take ur mind off from – what it woul dcrate later
14:10 Sameer : would there be liquidity flood in US mkt post virus criris which will lead parabloc upmoove again …even bugger with such insane liquidity in US mkt
14:10 Himanshu : casue dollor is biggest commodity and to advanbtage of US
14:10 Sameer : ?
14:11 Himanshu : is bigegrst commodity in circulation so
14:11 Himanshu : it will first go out from US
14:11 Himanshu : chasing EMs
14:11 Jitender : 1130 ril
14:12 Himanshu : chief- 5 minute is not wrking on new link also
14:12 Himanshu : incase you can help
14:13 Kushal : only RIL is contributing 130 points on Nifty..Insane
14:13 Himanshu : promter fly boufght nrly 25 lakh in last drop
14:13 Jitender : bansal gvs buy on ril…sl 1100
14:14 Kushal : lol.bhago
14:14 Himanshu : and there was article saying they dont have any holding in younger son name which they intend to have upto 75 Lakhs
14:14 Shai : All charts working fine?
14:14 Govind : yes
14:14 Govind : thanks Shai
14:14 Himanshu : which will ne equal of M. Ambani, elderson, wife and daughter I guess
14:14 Avinash : Yes
14:14 Shai : cool
14:14 Himanshu : yes 5 mt cam eback
14:14 Shai : bandwidth issues
14:14 Himanshu : Thx chief-
14:15 KK : IS in BNf ?
14:15 Shai : just have to keep fingers crossed for 21 days more
14:15 Govind : NF needs to get above that 8329/30 RS
14:15 Kushal : yes Shai
14:15 Shai : NF COT went pos from 8170
14:15 Himanshu : UG are for 3 IB in NF
14:15 Himanshu : k
14:16 Shai : wait for 8357 cross
14:16 Himanshu : k
14:16 Shai : you would recollect 8357 from last week
14:16 Himanshu : am bird watching Chief
14:16 Shai : we went above in that spike but since then not able to cross well
14:16 Himanshu : Jit has quarntined me from key board
14:16 Shai : Abv that all clear
14:16 Himanshu : yew
14:16 Shai : puts wioll have to clsoe
14:17 Shai : And then vix should drop more
14:17 Himanshu : 8360 ws supply to watch for i recollect
14:17 Shai : mega plan 🙂
14:17 KK : UC plan
14:17 Govind : it gained some 300 points from 8357 last week Shai
14:17 Shai : ?
14:17 Jitender : u r free H 🙂
14:17 Vishnu : last buy in ril happened at 910 level which gives me quite money now
14:18 Jitender : +1
14:18 Shai : RIl was best buy near 900
14:18 Shai : even hdfc bank is a buy here
14:19 Vishnu : charts ok?
14:19 Shai : you put an RIL store for sale , people will queue up to buy the store and the business in it
14:19 Shai : you pur RIL shares on 50% discount , what happens?
14:21 Sameer : circuit in RIL ?
14:21 Sameer : again
14:22 Manoj : yes 20%
14:22 Yash null : pump up coming?
14:23 Himanshu : 54 green in Nf
14:23 Shai : RIl circuit
14:24 Kushal : UG 8500 spot?
14:25 Govind : 8400ce from 179 to 207
14:25 Kushal : clean long from here Shai?
14:26 Shai : No
14:26 Shai : Avoid
14:26 Shai : tight sl at 8325
14:26 Shai : is not clean
14:27 Uttam : 8400 weekly VAL
14:27 Uttam : 8596 is 2atr from FA of 7526
14:27 Kushal : ok Shai
14:28 Uttam : 8596-8661 tgts in NF Shai if we close above 8360?
14:28 Himanshu : ril ckt opned
14:28 Yash null : 3dt
14:28 Himanshu : tradingabove earlier ckt
14:28 Prateeek : congrats yash 🙂
14:29 Shai : high risk here
14:29 Yash null : thanks prateek, am playing too conservative and 3dt is really good in that terms
14:30 Yash null : Thanks shai and other frs over here! _/\_
14:31 Govind : Uttam, that 7900 long straddle made a low of 449 around 1230pm and is now up to 657 🙂
14:31 Uttam : ohhh hope Sanjib is out of that
14:31 Uttam : Vix also below 77 now
14:31 Govind : hope so too
14:32 Swapnil : Shai thanks for the long trade. exited
14:32 Yash null : Finally one strong red cot!
14:32 Uttam : NF dpoc shifting higher to 8300?
14:33 Sameer : exit long in NF ?
14:33 Yash null : pull back?
14:33 Uttam : right now at 7920
14:33 KK : last 50 point rise, PE stopeed falling..8300 PE stayed at 180..where I entered..for
14:33 Kushal : gaadi in reverse gear !
14:33 Uttam : pullback time
14:33 Kushal : -1L cot
14:33 Kiran : yes PE were not falling that much
14:34 KK : 8300 PE stayed at 180 btw 8370 to 8415
14:34 Piyush : 2DT done. thanks Shai & Uttam.
14:35 Piyush : on Sideline now.
14:35 Uttam : Congrats Piyush
14:35 Piyush : Thanks Uttam.
14:35 Jitender : 1107 (14:13) Jitender : bansal gvs buy on ril…sl 1100
14:36 Jitender : haha
14:36 Uttam : aiyooo
14:37 Jitender : 1102 low
14:37 Yash null : UG, pull back level to watch?
14:37 Kushal : Jit.. jo bhaag gye wo bach liye 😀
14:37 Jitender : wanrd u guys in time
14:38 Uttam : lol Jit
14:38 Suhas : market will give chance everyone to make 1DT 2DT 3DT…patience is the key
14:38 Shai : dropped off from 8410- (14:26) Shai : Avoid(14:26) Shai : is not clean(14:29) Shai : high risk here
14:39 Uttam : yes Suhas and we do not need to worry if we have missed a move cos the markets will keep moving & keep giving multiple opportunities
14:39 Kushal : +100 Chief
14:39 Uttam : +100 Shai – (14:38) Shai : dropped off from 8410- (14:26) Shai : Avoid(14:26) Shai : is not clean(14:29) Shai : high risk here
14:39 Suhas : +1000 UG
14:39 Shai : trade only low risk setups
14:40 Suhas : +1 SHAI
14:40 Uttam : yes Shai
14:40 Jitender : +100
14:40 Sameer : https://www.ft.com/content/a1ca0569-7ef7-49c8-b88e-72b792eefc62?segmentid=acee4131-99c2-09d3-a635-873e61754ec6
14:40 Rajan : Yes Shai
14:40 Kushal : tomorrow monthly expiry..they will come up with some new setup to whoop the option writers
14:41 Sameer : “Analysts at Bernstein valued Jio at more than $60bn.”
14:45 Vishnu : chart fine ?
14:45 Shai : delicately placed is NF for the expiry tom
14:45 Shai : 8350 will be ref to watch
14:45 Vishnu : iam exper bandwidth low even though optical fibre
14:45 Jitender : 1100 sl hit on ril..yahoo
14:45 Shai : eithyer we shoot for 9000 plus or drop to 7750
14:46 Uttam : super Shai
14:46 Uttam : so a good set up coming
14:46 Tejpreet : i had that 9k ce on radar
14:46 Uttam : lol Jit – poor RIL
14:47 Tejpreet : but only worry is vix going below 65
14:47 Uttam : yes Tej
14:47 Saheer : Jit you have a super indicator 🙂
14:47 Uttam : options are realtively riskeir to carry
14:47 Jitender : Saheer 🙂
14:47 Uttam : Jit himself is the best indicator Saheer 🙂
14:47 Tejpreet : yes Uttam no carry just one tpo and then book and move to next strike.
14:47 Uttam : he can sense it from far
14:48 Uttam : +1 Tej
14:48 Saheer : +1 UG
14:48 Tejpreet : Heavy rains in Pune
14:49 Shai : TP clean bav 8550 where IO want to go with that for a 9116 close- (14:46) Tejpreet : i had that 9k ce on radar
14:50 Tejpreet : tks chief …let’s do it tomorrow.
14:50 Uttam : spike time in NF but BNF has just got a drug overdose looks like 😉
14:50 Shai : 8568 vpoc cross karwao- balance will take care 🙂
14:51 Uttam : 🙂 Amen Shai
14:51 Tejpreet : like the spirit chief …Trump should do it for us.
14:51 Shai : he’s up tonight?
14:51 Tejpreet : think so
14:51 Tejpreet : Uttam let’s do that bn 790.
14:52 Govind : he speaks every night
14:52 Shai : Jared must have picked up major stakes in all pharma by now
14:52 Shai : 🙂
14:52 Tejpreet : 🙂
14:52 Shai : that drug Azo is from which group?
14:52 Seshadri : 2IB target 8550?
14:52 Suhas : its antibiotic
14:53 Uttam : c) Above 8189, NF can probe higher to 8226 / 8260-90 / 8340-60 / 8400 / 8435-50 / 8490-8510 & 8556-68*
14:53 Suhas : almost 100 of companies make it
14:53 Uttam : where do we stop today?
14:54 Govind : 8568
14:54 Govind : 🙂
14:54 Shai : okay
14:54 Uttam : BNF needs to come out of hangover Tej – (14:51) Tejpreet : Uttam let’s do that bn 790.
14:54 Tejpreet : maybe Jit can offer coffee at 3.05 to bn
14:54 Govind : Uttam, what is your 2 ATR for y’day’s FA?
14:54 Shai : 8332 sl for longs here
14:54 Shai : tgt 8556
14:55 Govind : +1 Shai
14:55 Uttam : 8596
14:55 Uttam : had mentioned
14:55 Shai : +1
14:55 Govind : Ok Uttam, thanks but missed it
14:56 Uttam : np 🙂
14:56 Uttam : you were busy couting the monies ;-p
14:56 Govind : no man, Ugadhi celebrations
14:56 Suhas : 🙂
14:56 Uttam : so extea monies 😉
14:56 Tejpreet : 8596 nf then maybe 19200 bn if Jit makes a nice coffee.
14:56 Govind : 🙂
14:58 Yash null : turn that cot BLUE….. pls!
14:58 Uttam : Jit in no mood for coffee today 😉
14:58 Govind : single malt only
14:59 Govind : Irish Coffee?
15:00 Himanshu : Gov- Juicy wedge
15:00 Himanshu : over Vwap
15:02 Shai : day traders booking 🙂
15:06 Suhas : IS?
15:06 Shai : no
15:06 Suhas : +1
15:09 Shai : cut the longs
15:12 Abhishek Lalwani : any reason cheif
15:13 Shai : rs
15:13 Yash : Done for the day, last one failed attempt but still above 2dt
15:13 Shai : that buying came but they clsed 2 bars later
15:13 Shai : shows no further demand left in day
15:13 Jitender : 1082 ril…wat a bonus trade 🙂
15:14 Sandesh : 8300 apr pe, 690-730
15:14 Yash : late sellers stopped it out!
15:14 Shai : long from open?
15:14 Jitender : no chief…shrt from 1133
15:14 Shai : oh nice
15:14 Shai : circuit
15:15 Jitender : (14:35) Jitender : 1107 (14:13) Jitender : bansal gvs buy on ril…sl 1100(14:45) Jitender : 1100 sl hit on ril..yahoo
15:15 Jitender : after tat…
15:15 Jitender : tx Shai
15:15 Govind : Congo Jit
15:15 Sandesh : +1 Jit
15:15 Shai : +1
15:15 Ankit : +1
15:15 Jitender : small quant…tx everyone
15:15 Himanshu : jito bhav
15:16 Tejpreet : No wonder Jit didn’t make that coffee for bn ….+1 bro.
15:16 Jitender : he gave a buy on hdfc bank also Tej 🙂
15:16 Jitender : but rIL looked better
15:16 Jitender : so posted 😉
15:17 Chintan : +1 jit
15:18 Jitender : tx
15:19 Uttam : dPOC in NF up at 8346 now
15:19 Jitender : strange way to trade in theese TA times…but tats stock mkts & traps r very effective 🙂
15:19 Uttam : BNF laso 18492
15:20 Uttam : (14:32) Uttam : NF dpoc shifting higher to 8300?
15:20 Kushal : Jit super
15:21 Uttam : DD up in both
15:21 Uttam : with POC shifting to the upper distribution
15:21 Jitender : +1 K
15:22 Jitender : ys Uttam..mrkr for tomorrow OD
15:22 Jitender : if we get
15:22 Uttam : 8200 & 18200 levels to watch in both
15:22 Uttam : if we open below POC
15:22 Jitender : 8170 chalega
15:22 Jitender : Shai’s ref
15:22 Uttam : else need to drive higher to continue this probe from yesterday’s FA
15:23 Uttam : FA rocks 🙂
15:23 Jitender : 🙂
15:23 Jitender : FA is nuthn without u +1
15:23 Ankit : +1 ug
15:23 Uttam : I am nothign without FA & MP 🙂
15:23 Jitender : wah wah
15:23 Ankit : YES 8170 – 8200 HELD VERY WELL TODAY
15:23 Jitender : i thought u wud have said VT 😉
15:24 Uttam : ha ha ha VT in the universe 🙂
15:24 Tejpreet : 0r 69
15:24 Uttam : is*
15:24 Jitender : 🙂
15:24 Uttam : all these been learning here so no question about it – (15:23) Jitender : i thought u wud have said VT 😉
15:25 Uttam : if not for VT, I would have been a FA ;-p
15:25 Himanshu : hah
15:25 Himanshu : UG – Jit – U guys are atyour brst in thsi days
15:25 Jitender : liquor declared essential services in Kerala & Punjab
15:26 Uttam : yahan bhi karwa do
15:26 Uttam : Sandesh has not sent my 3 crates of beers still
15:26 Ankit : haha
15:26 Rajiv : are you serious JIT
15:26 Jitender : yup
15:26 Rajiv : What about cigarettes
15:26 Tejpreet : Other states should follow.
15:26 Sandesh : bars in BLR closed baba
15:26 Uttam : if they want ppl to remain home, liquor is a must ;-p
15:27 Jitender : yup
15:27 Ketan : guys ! go easy on the liqour ! it reduces your body’s immunity !
15:27 Uttam : tabhi to aapse mangawaya sirji – (15:26) Sandesh : bars in BLR closed baba
15:27 Sandesh : 🙂
15:27 Ketan : thanks all ! regards ! be safe !
15:28 Uttam : close at dpoc in both
15:28 Kushal : congo all…hope all in green MTM
15:28 Tejpreet : Bye All.
15:28 Kushal : bye all
15:28 Santhosh : tannk u bye
15:28 Prateeek : bye all
15:28 Ashwath : bye guys.
15:28 Shai : Bye all
15:28 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Have a good evening
15:29 Himanshu : bye chief
15:29 Amit N : Bye all
15:29 Himanshu : you too hav elovely ebvening
15:29 Himanshu : was rocker day
15:29 Chintan : bye all
15:29 Himanshu : bye all
15:29 Rajan : Thanks everyone. Bye
15:29 Suhas : Thank you chief , thank you all
15:29 Saheer : liquor shops closed today in Kerala
15:29 Gourav : bye all
15:29 Avinash : Thank you Shai & Uttam. Wonderful day today.
15:30 Avinash : Bye everyone
15:30 Uttam : congrats Avinash +1
15:30 Chintan : check msg. p. msg. UG
15:30 Avinash : 🙂