When we think about how to measure volume in the market one of the keys is Order flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
NF (Sep)
BNF
Room Chat
09:36 Shai : (09:36) Shai : Intra – shotrt BNF 2720o- 27205 sl of 27296 tgt 27035
09:41 Shai : (09:41) Shai : BNF shorts in
09:45 Shai : (09:45) Shai : BNF 27106. Book half here
09:46 Shai : (09:46) Shai : Hold the shorts
09:51 Shai : (09:51) Shai : Book the BNF trade
09:58 Shai : (09:58) Shai : Buy 10800 pe at 88 sl of 60 tgt 128
10:03 Shai : (10:03) Shai : 10800 pe at 118 near tgt . Secure 50%25 by booking and ride some at cost
10:12 Shai : (10:12) Shai : Book fully the 10800 pe at 106 cmp
11:37 Shai : (11:37) Shai : Update – on spread close the 10700 pe at 34. stay short 10600 pe cmp 19 sl of 36
11:39 Shai : (11:38) Shai : Intra – Buy BNF 27140 sl of 27030 tgt 27350
11:44 Shai : (11:44) Shai : BNf at 27245 . Book half here and ride the rest
11:48 Shai : (11:48) Shai : Book the BNF fully 27225 cmp
08:59 Shai : GM all
08:59 Shai : https://vtrender.com/weekly-charts-19th-to-23rd-august-and-market-profile-analysis/
09:05 Vijay : Good morning sirs!
09:06 Shai : There is a problem in opening the vtrender.com links. It’s being addressed . Please bear for some time
09:06 Shai : 10850 -10840 ref line for the open today
09:06 Shai : Bias stays positive above it for 11010
09:06 Shai : we will look for shorts only below 10840
09:07 Shai : 27016 ref line in the BNF and biased upwards for 27450 if stays up
09:08 Uttam : Good Morning All 🙂
09:09 Himanshu : Chief – Shall we hold on 10700 PE buy- 10600 PE Sell – of yesterday
09:09 Himanshu : Or exit – Buy at long
09:10 Himanshu : buy at open
09:10 Shai : Donlt buy
09:10 Shai : will wait at open for volumes
09:10 Shai : else will convert to a credit spread if volumes sustain
09:11 ANIL KESI : gm
09:15 NP : #QuickTrade ….. fastest finger first ….. 27500PE 297-343 …… all out
09:16 Govind : Naren, you just pulled a Stokes on BNF 🙂
09:16 NP : Thanks Govind
09:19 Shai : open rejection setting up
09:19 Shai : 10852 supp
09:19 Shai : BNF unable to sustain 27450 yet
09:19 Amit : gm all
09:19 NP : 1st dip will be bought into
09:19 NP : better to wait and watch
09:21 Naresh null : hi newbie here
09:21 NP : #QuckTrade 27500CE ….. 220-240 ….. all out …… Done for the day …… No More Positions till europe opening now
09:22 Shai : COT has no buyers at open
09:22 Shai : should test 10850
09:25 Amit : i sold the open..
09:26 Amit : 10600 pe bot at 5..now at 14
09:26 NP : Superb
09:27 AmitN : Awesome Amit, whats ur target on 10600pe?
09:27 Uttam : Amit pinging Amit 🙂
09:27 AmitN : 🙂
09:27 Amit : 30
09:27 AmitN : thx
09:29 Amit : its back into the gap direction..if high of friday goes..it ill get nasty
09:29 NP : +1
09:29 Shai : getting there – (09:22) Shai : should test 10850
09:30 MJ : B period to be closely monitored.
09:30 MJ : Last 2 days B has moved.
09:30 Uttam : +1 Shai
09:31 Uttam : 10850 straddle down by 20 points from Fri close
09:32 MJ : Super shai 10853 here :)(09:29) Shai : getting there – (09:22) Shai : should test 10850
09:32 Boppanna : +1 Shai
09:33 Shai : 🙂
09:33 Boppanna : BNF last drop on Friday was from around 27180-90 low
09:33 Amit : +100 shai
09:34 Shai : They thought a gap up on negative COT would sustain 🙂
09:34 MJ : 🙂
09:34 Uttam : both 10850 at 90-92
09:34 Uttam : ce & pe
09:35 Uttam : needs to sustain abv 190 the combo for a trending move
09:35 NP : FM provided one more exit opportunity to foreighners today it seems
09:36 Shai : Intra – shotrt BNF 2720o- 27205 sl of 27296 tgt 27035
09:36 Shai : If not in short below 27205 only
09:38 Uttam : NF does these 2 hypos in reverse gear 😉 – c) Above 10912, NF can probe higher to 10930-935 / 10952-960 & 10976-988 & a) NF needs to stay above 10853-862 for a rise to 10884-892 & 10912
09:38 Jitender : hw r the vols Uttam ?
09:39 Jitender : adv dec is at par
09:39 Uttam : 20L in 15 mins
09:40 Uttam : better than avg
09:40 Jitender : tx
09:40 Uttam : 3.3L in BNF
09:40 Shai : sharp drop should come below 27200 now
09:41 Uttam : yes BNF needs some good vols
09:41 Shai : BNF shorts in
09:42 Uttam : spot 10832 key in Nifty for the week
09:42 Uttam : if we get an ext handle there expiry can be lower
09:43 NP : +1
09:43 Amit : nice
09:44 Himanshu : Chief BNF spot not obliging for now
09:44 Himanshu : may be cash buying there.. in PSU Banks
09:44 Shai : sharp does 100
09:44 Shai : (09:40) Shai : sharp drop should come below 27200 now
09:44 Jitender : +1
09:45 Himanshu : Chief – +1Mn
09:45 Shai : BNF 27106. Book half here
09:45 Boppanna : Shai hitting bulls eye right from open 🙂
09:45 NP : +10000000000
09:45 Shai : Buy 10800 pe sl of 60
09:45 MJ : Super call chief.
09:46 Shai : Hold the shorts
09:46 Boppanna : 930 coming
09:46 Shai : This is going to 10693
09:46 Jitender : bnf dwn 600 bps n nf 180
09:46 Amit : my pe 35
09:46 NP : Congrats Amit
09:46 NP : Great!
09:47 AmitN : +1
09:47 Govind : 27200PE from 253 to 405
09:47 NP : Congrats Govind
09:47 Boppanna : Ignore 09:46 Boppanna : 930 coming
09:48 Govind : Thanks Naren
09:48 Jitender : buyrs
09:48 TP : GM All.
09:48 Himanshu : Govind – Congtres
09:48 Govind : Thanks HImanshu
09:49 Shubro : 27000 PE 200 to 293
09:49 NP : Congrats Shubro
09:49 Shubro : morning trade gives DT ++
09:49 Govind : Shubro!
09:49 Shubro : hey congo to you too Naren
09:49 Govind : Congo bro
09:49 Shubro : Govinddddddd and its not even ten
09:49 Shubro : Muaah to Shai
09:49 Govind : 10850 combo turning aroud Uttam
09:49 Shubro : Shai u came with armor and a tank cannon
09:50 Uttam : (09:34) Uttam : both 10850 at 90-92(09:34) Uttam : ce & pe(09:35) Uttam : needs to sustain abv 190 the combo for a trending move
09:50 Govind : Yes, Shai totally guided me this morning! Thanks Shai!
09:50 Uttam : yes Govind needs to stay above 190 & spot needs to be below 10832
09:51 MJ : yvwap bounce this.
09:51 MJ : nf
09:51 Jitender : 27040-27142…(09:48) Jitender : buyrs
09:51 Shai : Book the BNF trade
09:51 Himanshu : Great Chief
09:51 Shai : getting wild
09:52 Shai : 10857 next res
09:52 Shai : 27190 in BNF
09:52 Shai : let’s ttade this thru puts
09:52 Jitender : wat did i say on slack…its gonna b good day fr traders 🙂
09:52 Shai : +1
09:53 Govind : +1 UG….09:50 Uttam : yes Govind needs to stay above 190 & spot needs to be below 10832
09:54 Govind : Trump trumps Nimmi!
09:54 Govind : thus far
09:56 Shubro : Trump has more supporters in India than US now
09:56 Govind : 🙂
09:56 Shubro : polling this room it seems
09:56 Jitender : wen did u last see a 600 point IB in bnf
09:56 Amit : looking for break of 10792 on spot..
09:56 Shubro : i swear Jit
09:57 Shubro : paagal day imagine number of people going long
09:57 Amit : reminds me of 2006 rpetro listing day..and 2008 rpower listing day
09:58 Govind : Yeah Shubro, we do not predict in this room right, we react…..
09:58 Govind : That has been the biggest influence on me
09:58 Shai : Buy 10800 pe at 88 sl of 60 tgt 128
09:59 Shai : can wait near 88
09:59 Shai : donlt chase
10:00 Shai : fast paced moves today
10:00 Shubro : my kinda day
10:00 Shai : Bias has moved lower below 10850
10:00 Shai : sharp open rejection
10:01 Shai : Nothing below 10777 F
10:01 Shai : should dump to 10693 quickly
10:02 Boppanna : Shai BNF belwo 930 trouble?
10:02 Shai : here comes the dump
10:02 Shubro : 26800 PE 225 to 283
10:03 Shai : 10800 pe at 118 near tgt . Secure 50% by booking and ride some at cost
10:03 NP : (09:35) NP : FM provided one more exit opportunity to foreighners today it seems
10:03 Govind : Congrats Shubro…
10:03 Shubro : i think ill go watch mission mangal now only good thing going on now
10:04 Govind : Cool trade Shai, done 4DT
10:04 Shubro : make money then look at a rock
10:04 Govind : and the 10850 combo is doing well now
10:04 Shubro : thanks Gov
10:05 Shubro : the ships are sinking fast
10:05 Govind : did 18 points in the combo…exited
10:05 Shubro : nice GOv
10:06 Shai : 10745 – old buyer of friday
10:06 Shubro : ok enuff falling leave some for post 2
10:07 Govind : A Wise Man said this Friday evening – ‘Press conference over. Now some will discuss it in and out. Some will watch every 2 points at SGX and post on Twitter. Others will watch the Dow tonight. Relax you cant do anything till Monday 9.15. Let’s respond then. HaGW. ‘
10:07 Uttam : +1000
10:07 Uttam : (09:42) Uttam : spot 10832 key in Nifty for the week(09:42) Uttam : if we get an ext handle there expiry can be lower
10:07 Govind : Simple yet profound
10:07 Uttam : Spot ext handle at 10859
10:08 Uttam : 10713 next support to watch in spot
10:09 Uttam : 10850 straddle up by 30 points from open
10:09 Uttam : 180 to 210 now
10:09 Govind : Yes Uttam
10:09 Uttam : trneding move this is
10:09 Amit : you sounding like Yoda…UG
10:09 Shai : 122
10:10 Uttam : timing the straddle is importnt which is why had told on Friday that can look at entering at Monday post open
10:10 Govind : Yes Uttam, it needed abig move to get going
10:10 MJ : Yes uttam. ++
10:11 Uttam : 227 next level to watch in that straddle
10:11 Uttam : sustianing above it means more upside in the combo
10:11 Amit : nice
10:11 Uttam : both NF & BNF complete 80% in prev Value
10:12 Govind : +1
10:12 Uttam : NF had overlapping Value from last 2 days & inspite of gap up that 10852 overlapping POC acted as a magnet & now way below it
10:12 Shai : Book fully the 10800 pe at 106 cmp
10:12 Boppanna : BNF Low so far at Jits 820 ref of Friday
10:13 Shai : new greens are showing up
10:13 Uttam : RB at 10770
10:14 Uttam : morning IS at 10896 seems to have booked
10:16 MJ : 150 pt down up move in B (09:30) MJ : B period to be closely monitored.
10:16 MJ : Reminds me of NP’s line don’t overstay keep booking swift profits.
10:18 NP : #ContraTrade ….. 10500CE 289-329 …… all out …. RR was too tempting to stay away.
10:18 Shubro : 26200 CE 160 to 235
10:18 MJ : Cheers NP and S.
10:18 Govind : Congrats Nare & Shubro
10:18 Govind : Naren
10:18 Shubro : nice Naren
10:18 NP : Congrats Shubro
10:18 MJ : 10800 ce for me.
10:18 NP : Thanks Guys
10:19 Shubro : going to watch telly now
10:19 NP : +1
10:19 Shubro : great day Guys
10:19 Govind : am just sitting tight with my profits
10:19 Shubro : Shai Shai another keg reserved or do you prefer single malt?
10:20 NP : staying away for some time now would not be a bad idea i guess
10:20 Shubro : protect my gains quite a bit so kanjuus mode on
10:20 MJ : COT 3L +
10:24 MJ : 30min join me screen is down?
10:24 Govind : China wants to resolve trade dispute via dialogue, Chinese Vice Premier
10:24 Amit : yes
10:25 Govind : Asian markets not convinced though
10:25 Uttam : 30min is on GoToMeeting Mihit
10:26 Uttam : Mihir*
10:26 MJ : Whoop! Used to that joinme click. 🙂 thanks uttam.
10:26 MJ : 80% down now 80% up
10:26 MJ : almost 🙂
10:27 Shai : #Orderflow – (10:13) Shai : new greens are showing up
10:27 Uttam : +1 Shai
10:27 Shai : watch 10857
10:27 MJ : This was super ref bossman. (10:06) Shai : 10745 – old buyer of friday
10:28 Shai : was in the Put at 128 – 09:58) Shai : Buy 10800 pe at 88 sl of 60 tgt 128 somehow missed the ref in NF
10:29 Shai : day high of 129
10:29 Shai : No upmove still till 10857 F is take out
10:29 Shai : profile remains elongated
10:30 Shai : big IB
10:30 Shai : for now low done on the greens
10:30 Jitender : +1
10:32 Jitender : Shai..usdinr view pls
10:33 Govind : This market ain’t for faint hearted
10:36 Shai : smart buyers in USDINR abv 71.85
10:36 Shai : is good for 72.30
10:36 Shai : avoid longs if 71.80 breaks today/ tom
10:37 Jitender : tx
10:43 Prudhvi : what happenned to these steel cos? all down 4-5%
10:46 Jitender : trade war n yuan dwn
10:47 Himanshu : iv CRUSH
10:48 Prudhvi : thnx jit
10:49 Shubro : we will enjoy trump tweets till US elections
10:49 NP : +1
10:50 Himanshu : Slow accumulation in BN F spot
10:51 Himanshu : SBI, HDFB – ICICIB
10:54 Shubro : 27200 CE 150 to 240
10:54 Govind : Sixer Shubro
10:54 Shubro : small
10:54 Shubro : protecting profits only
10:54 NP : Congrats Shubro
10:55 Shubro : thx N
10:55 Shai : decent COT plus now
10:56 Shai : actinalble abv 10857
10:59 Bhavani : Shai, for interpretation of your view on COT, should consider the 30 min COT or day/s COT..?!
10:59 Shai : 30 mins
10:59 Bhavani : .. should we consider..
10:59 Bhavani : OK..!
11:04 Govind : Anyone having trouble with the charts?
11:04 Govind : I kep getting kicked out
11:04 MJ : 5 min OF freezing.
11:04 NP : working fine
11:04 MJ : For anyone else?
11:05 Shubro : ok here
11:10 Bhavani : OK here too..!
11:17 MJ : 71k looks like rolls. Similar sept vols.
11:23 Uttam : 10850 combo making new lows
11:25 Uttam : back to 90 each
11:27 Govind : 10850 CE OI needs to drop for any upmove
11:29 Himanshu : UG – Sep F NF & BNF ( are roll overs on long side)
11:29 Himanshu : Any way to track that,,
11:35 Uttam : will need to check the EOD OF charts from today onwards of both Aug & Sep
11:35 Uttam : for now will need to chekc any big vols on both
11:36 Govind : Vixhas been coming down steadily
11:37 Shai : Update – on spread close the 10700 pe at 34. stay short 10600 pe cmp 19 sl of 36
11:38 Shai : NF for day highs again
11:38 Shai : Intra – Buy BNF 27140 sl of 27030 tgt 27350
11:39 Uttam : 10740-745 was the place where 0s started on Friday on 5mins, they were defended 3 times on Friday as 30min lows were there and today again same low
11:39 Uttam : initiative buyer who is defending that level
11:39 Shai : (10:30) Shai : for now low done on the greens
11:40 Shai : trigger came – (10:55) Shai : decent COT plus now(10:56) Shai : actinalble abv 10857
11:40 Uttam : +100
11:40 NP : +100 Shai Sir
11:41 MJ : Yes chief.
11:41 MJ : Uttam can include Sept OF chart from today in blog?
11:42 Uttam : we have already started that Mihir as Shai posts the 30min OF of Sep also whenever he sees goodl volumes in it
11:43 Uttam : starting from that 4L green we had at 11180 last week
11:43 MJ : Gracias! 🙂
11:43 MJ : Yes had asked him to share that.
11:43 MJ : Badaboom!
11:43 Uttam : not just on slack that chart is there on the 30min OF post also
11:44 Himanshu : BNF to tag 27350
11:44 MJ : Okay Uttam.
11:44 Govind : Dropped…11:27 Govind : 10850 CE OI needs to drop for any upmove
11:44 Himanshu : Why BNF is lagging after getting 70K cr from Govt
11:44 Shai : BNf at 27245 . Book half here and ride the rest
11:45 Shai : How’s the room doing?
11:45 Shai : 2 way trading is good right?
11:45 Shubro : awesooooooome
11:45 MJ : Very good shai
11:45 NP : very good
11:45 Uttam : _/\_ Shai you are in some form
11:45 MJ : Shai is our GOAT.
11:45 Shai : Ben Stokes inspired 🙂
11:46 Shubro : 27400 CE 140 to 212
11:46 Govind : Awesome!
11:46 Uttam : oh yes what a season that guy is having
11:46 MJ : Awesome Chief.
11:46 Shai : Bugger always has an umpire with him Ben Stokes!!!
11:46 NP : +1
11:46 Uttam : but fear is he should not fade away like Yuvraj Singh who achieved so much so early that there was no more motivation left for him to get better
11:46 MJ : Oh yes shai. But Aussie’s were pathetic with that last review.
11:47 Uttam : and the missed run out
11:47 Himanshu : Exited ( 26500PE – 115 – 78) and Morning 27500 CE (
11:47 Uttam : luck favours the brave 😉 (11:46) Shai : Bugger always has an umpire with him Ben Stokes!!!
11:47 Himanshu : 225-192)
11:47 NP : Congrats Himanshu
11:47 Shai : true
11:47 Himanshu : Could not get the trades like NP and Jit
11:47 Himanshu : Though was convinced aboit ORR so held 27500 CE short
11:47 MJ : Weekend was such a high for sports fan across.
11:48 NP : +1 MJ
11:48 Uttam : PV Sindhu was the best
11:48 Uttam : what a game she played
11:48 Himanshu : TRUMP now spoiling our rallies
11:48 Shai : Book the BNF fully 27225 cmp
11:48 MJ : On personal front my friend won gold in BWF. So happy and elated.
11:49 Uttam : Manasi?
11:50 MJ : Yes uttam 🙂
11:50 MJ : Engineering college buddies.
11:50 Uttam : great what a win by her too _/\_
11:50 Uttam : really inspiring
11:50 MJ : Yes her story is an inspiration.
11:51 Uttam : reverse 80% done in both
11:51 Uttam : after the downside 80%
11:51 Uttam : looks like headed more higher
11:51 Uttam : 10.9L COT in NF
11:52 MJ : Yes with that cot that was 3L in c start. gone to 10+
11:53 NP : may be some chop chop time ahead
11:54 Uttam : 10918 needs to be crossed & sustained in NF
11:54 Uttam : imp level
11:54 NP : +1
11:57 Govind : HDFCB and ICICI steady rise
11:58 Phani null : sir what should i read to understand on COT
11:58 Govind : 27300CE from 222 to 259
11:58 MJ : Ace! Govind.
11:59 Himanshu : Govind – Happy Birthday
11:59 Himanshu : Belated,,
11:59 Govind : Haha
11:59 Govind : Thanks guys
11:59 Uttam : 28280 in BNF level to sustain
11:59 Govind : just watching COT, OF and OI
12:00 Himanshu : Data Trader
12:00 Uttam : hey Govind when was your birthday, yesterday is it? Happy belated birthday wishes & keep rocking man
12:00 Govind : No Bro
12:00 MJ : Janmashtami
12:00 MJ : govinda
12:00 Himanshu : UG –
12:00 Govind : Himmy is puling my leg
12:00 MJ : Even I sent him a PM uttam 🙂
12:00 Himanshu : No yaar
12:00 MJ : then struck.
12:00 Uttam : lol
12:01 Govind : BOOM
12:01 Himanshu : I remembered you yesterday at Iscon
12:01 Uttam : (11:51) Uttam : looks like headed more higher(11:54) Uttam : 10918 needs to be crossed & sustained in NF(11:59) Uttam : 28280 in BNF level to sustain
12:01 Himanshu : told wifey – we have Hari- Govind – Mihir
12:01 Himanshu : lot of Devas in Trading room
12:01 Uttam : 27405 trend day vwap & above that VPOC of 27485
12:02 Himanshu : UG will you please order 240 – 225 for me to ride again
12:02 Himanshu : pls
12:02 MJ : 52k greens at 924.
12:02 Govind : Shai, what’s the trget on the sold PE 10600CE?
12:02 Uttam : sirji order to aap karte ho hotline per to LIC & god knows which ither big player(s) 😉
12:03 Himanshu : but 61 Red at 10909also rollover has started
12:03 Himanshu : LIC – busy buying IDBI bank
12:03 Himanshu : as it threw some money there,,
12:03 Himanshu : now LIC officers are telling we dont have skill to manage bank..
12:04 Himanshu : all we know is to sell policies in rural areas thru LIC officers and eat premiums
12:04 Uttam : ignore this, my bad (11:59) Uttam : 28280 in BNF level to sustain
12:05 Bhavani : SHai, YEsterday Isaw your message in slack about the training room videos organised and re-structured.. Can all the members access it now through the webpage link??
12:05 Uttam : we are at 27280
12:05 Himanshu : On the day of IDBI bank buy – I literally blasted my LIC agent – WTF
12:06 Uttam : poor guy
12:06 Himanshu : is my relative -you knwo how it works there – is from wifey side so
12:06 Uttam : oh man all the more feeling bad for him now 🙂
12:07 Himanshu : he still tries to sell me policies – but I told him – now I am learning to eat premiums ?
12:07 Uttam : lol
12:08 Uttam : you did this Himanshu? (12:02) Himanshu : UG will you please order 240 – 225 for me to ride again
12:08 Himanshu : No
12:08 Himanshu : Me am far away today 27500 and 26500
12:08 Himanshu : in heriarchy here in 2nd level
12:08 Himanshu : cause of TRUMP v/s NIrmala
12:10 Govind : HDFCB!!! Chalo chalo!
12:11 NP : 10977 on cards?
12:11 Uttam : boom boom
12:11 Uttam : (11:51) Uttam : looks like headed more higher
12:12 Bhavani : BNF going crazy..!
12:12 Uttam : 10930-935 if sustained then 10952-960
12:12 MJ : Just waiting NP :)(11:38) Shai : NF for day highs again
12:12 Uttam : BNF wants to test 27405-425
12:13 Govind : 27300CE above 310-15 would fly, IMO
12:13 NP : +1
12:17 Govind : More boom
12:17 NP : 11000CE …… 45-55 …… all out
12:19 NP : now real fun will be above 10977 (if sustains for one period)
12:19 NP : till then DUKAN BAND
12:22 Govind : UG, testing DH possible with this +ve COT? Assuming COT sustains
12:23 NP : now a days every day looks like expiry day ……. VOLATILITY
12:24 MJ : A period pink band at 10948
12:24 Govind : Yeah NP, BNF IB range was 802 points and from there another 500 points up or so…crazy
12:24 Shubro : setup looks like getting ready for a thappad
12:25 Shubro : hope no more
12:25 NP : Bulls Bears Pigs ….. aaj sabka katega
12:25 Shubro : hehehe
12:25 Uttam : (12:12) Uttam : 10930-935 if sustained then 10952-960
12:25 Uttam : boom
12:25 Uttam : 10959.8 high
12:26 Uttam : 75k green at top
12:26 Uttam : (12:12) Uttam : BNF wants to test 27405-425
12:26 NP : wall street futures back in green
12:26 Jitender : Bop 26842-27414 (10:12) Boppanna : BNF Low so far at Jits 820 ref of Friday
12:27 Uttam : wow Jit super
12:27 Jitender : just 3 trades…and beautiful mtm fr the day
12:27 Uttam : 27425 here in BNF
12:27 Jitender : tx Uttam
12:27 NP : Congrats Jit
12:27 Uttam : 27510 next imp ref
12:27 Govind : COngo Jit
12:27 Jitender : tx guys
12:28 Govind : Flying!…12:13 Govind : 27300CE above 310-15 would fly, IMO
12:29 NP : +1
12:29 Jitender : from -2sig to +2 sig
12:29 NP : (12:11) NP : 10977 on cards?
12:29 Uttam : and still inside IB
12:29 MJ : back to back 200 pointer days. Dropping vols 🙂
12:29 MJ : Cheers to everyone who rocked today!
12:29 Govind : NF F very close to DH
12:29 Uttam : (12:27) Uttam : 27510 next imp ref
12:30 Uttam : 27510 here
12:30 Govind : new DH
12:30 Uttam : wow RE in NF inspite of 233 point IB
12:30 Govind : now BNF F’s turn
12:30 Uttam : 1.3L red
12:31 Govind : TTrump tweet?
12:31 NP : yes
12:31 Uttam : 10988 is the ext handle in NF
12:31 Uttam : which has been tagged today
12:31 Jitender : 100 up 🙁 (12:26) Jitender : Bop 26842-27414 (10:12) Boppanna : BNF Low so far at Jits 820 ref of Friday
12:31 Uttam : 1.5 IB is 11094 🙂 just saying
12:32 Jitender : 🙂
12:32 Uttam : c) Above 10912, NF can probe higher to 10930-935 / 10952-960 & 10976-988
12:32 Uttam : 10989 high
12:33 Govind : 27300CE from 310 to 376
12:33 Govind : all out
12:33 Uttam : congo Govind
12:33 Govind : Thanks bro
12:33 NP : Congrats Govind
12:33 Uttam : 10960 sup in NF
12:34 Govind : Thanks NP
12:34 Uttam : staying above 27510 BNF next on for 27570-606
12:35 Govind : Uttam
12:35 Govind : HDFCB went down after failing to break 2242 right?
12:35 Govind : 2220 DH so far
12:36 Uttam : yes Govind
12:39 Govind : Thanks
12:39 Jitender : spx in green
12:42 NP : 28000CE ……70-88 …… all out
12:42 Govind : +1 Naren
12:45 NP : 10700CE 280-295 ….. all out
12:45 Jitender : spx +20
12:45 Govind : Congrats Naren
12:45 NP : Thanks Govind
12:46 MJ : Going for Monthly VAH?
12:46 NP : 11080 today itself?
12:46 Jitender : trump has said sumthn +ve
12:46 NP : Trump said …. “China has called and they want to restart trade talks”
12:46 Uttam : must have typed it in sleep 😉
12:47 MJ : Yes np 11086 is VAH too 🙂
12:47 Uttam : (11:54) Uttam : 10918 needs to be crossed & sustained in NF(11:54) Uttam : imp level
12:48 NP : today the most difficult position is having NO POSITION …… right now I am having the most difficult position
12:50 Govind : Your position is green mtm Naren…good position to be in
12:50 Jitender : shut the comp n cum bck morrow NP…best position
12:51 NP : +1 Jit
12:51 NP : +100 Govind
12:52 Uttam : (12:34) Uttam : staying above 27510 BNF next on for 27570-606…Done
12:52 NP : Superb
12:53 Jitender : spx bck 2 +2 from +20
12:53 Jitender : b careful guys
12:53 NP : dpoc test once?
12:53 Jitender : ys
12:54 NP : +1 Jit …. it is getting too volatile to trade ….. stay safe guys
12:54 Govind : Yah Jit, all out
12:54 Jitender : time out fr me guys…tc..will try 2 b back later, if poss
12:55 NP : (12:25) NP : Bulls Bears Pigs ….. aaj sabka katega
12:57 Shubro : i taught my wife some terms like dt etc a while back now she’s saying “agar ek bhi paisa morning DT se kam gaya to……
12:57 NP : lol
12:58 Govind : haha
12:58 Shubro : now she comes and checks occasionally dikhao
12:58 MJ : Happy I am not married yet 😛
12:58 Shubro : marry only a trader then
12:59 Prudhvi : lol
12:59 Shubro : can play long short all day
12:59 Shubro : thats whats called a pair trading strategy
12:59 Govind : 🙂
13:03 Govind : Vix down from 19.1 to 17
13:08 NP : if 11000 spot is crossed then the subsequent move will be FAST & FURIOUS
13:09 Govind : Either spot yet to corss DH
13:09 Govind : cross*
13:09 Shubro : mad place to trade no trades here
13:09 NP : +100
13:10 Govind : yeah Shubro
13:10 Govind : Btw, BNF still trading at a discount
13:12 Govind : Nice big greens in NF at IBH
13:12 Govind : NF has an MB
13:13 Shubro : 27600 stiff resistance it seems
13:14 Shubro : bhai saab what vol
13:15 Govind : Day COT looks solid Shubro
13:15 Himanshu : SHort coverings by FIIS
13:15 Himanshu : seems they were 70 % short
13:16 Shubro : yeah GOv solid COT
13:16 Shubro : and the price action is all for longs but being cautious
13:16 Shubro : will wait for Shai to direct
13:17 Govind : have my eyes on the 11k combo, just watching
13:19 Govind : Looks like it has made a bottom UG?
13:23 NP : ITM calls suggesting more upside
13:23 Govind : BOOM
13:23 Govind : +1 Naren
13:24 Govind : 10999 DH in NFF
13:24 Govind : yeah baby
13:24 Shai : close abvs 11010 secures lows today’
13:24 MJ : Aye chief 🙂
13:25 Govind : Thanks Shai
13:25 Amit : nice
13:25 Shubro : headed for 28000?
13:25 Govind : 28000CE is flying now
13:26 Shai : 27915 yes
13:26 Uttam : yep
13:26 Uttam : HVN & weekly POC
13:26 Govind : it had a high of 1650+ at the end of July, now at 119
13:27 MJ : Keeping my eyes on this monthly chart
13:27 MJ : https://mplite.vtrender.com/?symbol=NIFTY_S&tf=monthly&tpo6&sp=1&startDate=&endDate=&nDays=8
13:27 Govind : +1….13:26 Shai : 27915 yes
13:27 Uttam : 11019 weekly VAH in NF
13:28 Uttam : tags to the dot high so far
13:28 NP : +1
13:28 MJ : Chief this mb that starts at 11008 has high of?
13:30 Uttam : (13:19) Govind : Looks like it has made a bottom UG? not yet bottomed looks like Govind
13:30 Uttam : but oculd be forming a base here
13:30 Govind : Thanks Uttam
13:30 Govind : HDFCB at 2240, interesting place
13:31 Govind : 11k CE OI needs to come down here
13:33 Uttam : yes 20L difference as of now
13:33 Uttam : dPOC shifting to 10982 in NF
13:34 Uttam : BNF also could move to 27570
13:34 Govind : tought fight here at 11k?
13:34 Govind : tough*
13:34 MJ : Longs look like taking profit at these levels? Uttam?
13:35 Uttam : yes could be some booking as a bit reduction in that COT too
13:36 MJ : Yes. COT dipped.
13:36 Govind : RIL is very muted today
13:37 Uttam : 27500 OI getting closer
13:37 MJ : 1287 cross chaiye Govind.
13:37 MJ : in ril
13:37 Govind : Yes Uttam, took its time
13:38 Shai : dont overextend here in NF esp on long side
13:39 Shai : COT is showing booking
13:39 Shai : first period where COT is stopped adding longs
13:39 Shai : 10982 near supp for the auction
13:39 Shai : pibot for me is 11010 now
13:40 MJ : Chief what’s the top most mb high at? in NF?
13:40 Shai : did mention this 11010 near open – (09:06) Shai : Bias stays positive above it for 11010
13:40 Shai : we are there and auction stalling
13:42 MJ : Thanks chief.
13:42 Shai : 11032
13:45 Uttam : Shai BNF 30mins needs little adjustment
13:47 Uttam : 27725 imp ref in BNF here
13:49 Govind : Shai, similar levels in BNF please….13:24 Shai : close abvs 11010 secures lows today’
13:50 Uttam : 27777 above 27725
13:50 Uttam : and above that 27822-863
13:51 Uttam : before that all imp HVN of 27915 gets tagged
13:55 Amit : rohit sharma record to be broken today?
13:55 Uttam : triple century coming?
13:55 Uttam : 285 not out so far
13:56 Govind : Love “expiry Mondays”
13:56 Uttam : 🙂
13:57 Shai : 27450 – (13:49) Govind : Shai, similar levels in BNF please….13:24 Shai : close abvs 11010 secures lows today’
13:58 Govind : Thanks Shai!
13:58 Amit : should respond in kind to that 200 down day
13:59 Amit : and do an excess
13:59 MJ : Aye aye!
13:59 Uttam : (13:50) Uttam : 27777 above 27725
13:59 Govind : Beast mode
13:59 Uttam : 27775 high in BNF
13:59 Govind : Super UG!
14:00 Govind : I had a feeling this morning we would run out of Hypos
14:00 Uttam : some booking here in BNF
14:00 MJ : UG would be a german scientist in parallel universe!
14:00 MJ : Precision personified!
14:01 Govind : He is already a scientist MJ!
14:02 MJ : Haan that is also true. 🙂
14:02 Uttam : _/\_
14:02 Uttam : please dont send me to space 😉
14:02 Govind : We’ll send to Captain Marvel UG
14:03 Govind : 🙂
14:03 Uttam : (13:50) Uttam : and above that 27822-863
14:03 Amit : slingshotted
14:03 Uttam : 296 not out NF
14:03 MJ : Shai RO point opens up for Expiry?
14:03 Amit : if there is such a word
14:04 Shubro : mangalyaan
14:04 Uttam : 294 sorry
14:04 Uttam : 11041 was monthly IBL too
14:04 MJ : First time in my trading history did back to back 200 pointers 🙂
14:04 Uttam : 11061 is composite POC
14:04 Shubro : everyone singing nirmala nirmala we singing Uttama Uttama
14:04 NP : lol
14:04 Shubro : congo Mihir
14:04 Uttam : e) If 10988 is taken out, the auction can rise to 11007-10 / 11040 & 11061
14:04 Govind : Don’t think I’ve ever had to observe so many option chain strikes in a single day, live!!
14:05 Uttam : 11039 high so far in NF
14:05 NP : Congrats MJ
14:05 Govind : But then, I’ve only been trading for les than a year in options
14:05 NP : +1 Govind
14:05 Shubro : haha exactly Govind I am constantly changing my strike lineups to trade
14:05 Shubro : today mad
14:05 Govind : 🙂
14:05 MJ : Gracias Shubro and np 🙂
14:05 Govind : Congrats MJ
14:06 Shubro : Jit are you giving a 100 pointer down now? 😛
14:06 Govind : 11850 combo at 235
14:07 Shubro : needle profile today
14:07 Uttam : (14:06) Govind : 11850 combo at 235…it made a reversal as morning PE was leading & now it is the CE which is taking it higher
14:08 Govind : Yes UG
14:08 Govind : ITM strike, so upmove favoured it
14:08 Uttam : yep always start the day with the ITM combo
14:08 Govind : Had been watching it since Friday
14:08 NP : 11080 seems to be reserved for ALGO Time
14:09 Uttam : as thay will keep & give the right picture
14:09 MJ : after AB red Candle. All periods have been doing greens.
14:09 Uttam : one tag of 11061 & 27915 seems on today
14:10 Shai : yes 11073 coming
14:10 Uttam : lots of reds in NF though
14:10 Shai : 11005 sl
14:10 Uttam : morning longs booking looks like
14:10 Uttam : +1 Shai
14:10 Shai : yes
14:10 NP : just wish No more TWEETS from Mr. Trump
14:10 Shai : late longs driving this npw
14:10 Shai : am stayimng away
14:10 Shai : good profits today
14:10 Shubro : yeah watch only mode
14:10 Uttam : awesome Shai +100
14:11 Shubro : can get rogered getting in now
14:12 Uttam : BNF does a 1000 but NF yet to complete a trple
14:12 Uttam : mechanical high in BNF at that ext handle of 27840
14:13 MJ : Yes Uttam, challenge it no.
14:13 Uttam : will go mostly
14:14 Uttam : NF new highs
14:14 Uttam : triple century done
14:14 MJ : What a day 🙂
14:15 NP : max pain remained unchanged at 11000 throughout the day
14:15 MJ : First buyers came at yvwap. Took it below yVAL. and reverse 🙂
14:15 Uttam : 301 not out
14:15 MJ : Kadak divas!
14:16 Govind : Remind u of last Thursday…4:15 NP : max pain remained unchanged at 11000 throughout the day
14:16 Govind : 🙂
14:16 NP : +1
14:17 Uttam : (14:03) Uttam : (13:50) Uttam : and above that 27822-863
14:17 Uttam : now for that 27915 if stays above 27863
14:17 NP : the move is getting overstretched now .
14:17 Uttam : @Govind that 11k combo getting stronger here
14:17 Uttam : but now to go higher means 11k ce needs to trend
14:17 Govind : Yesh UG
14:18 Uttam : so if 11061 is sustained that could happen
14:18 Govind : Also, tomorow’s move will depend on who is buying today, i.e FIIs?
14:18 Uttam : 160 is a good base & reference in it now
14:19 Uttam : it that breaks then can actually short the combo for expiry
14:20 MJ : UG you must really put few lines in learning strategy group for straddles and strangles 🙂 when to enter etc.
14:20 Govind : BNF trading at a discount still bothers me, hope I am wrong
14:21 Govind : looks like NF to
14:21 Shubro : today my buffalo grew wings 😛
14:22 Uttam : 27915 here
14:22 Uttam : 27911 actually so far
14:23 Shubro : ok baba exit all
14:24 Uttam : 27920-945 zone needs to be watched here
14:24 Uttam : else can tag 28013
14:25 Uttam : (14:12) Uttam : mechanical high in BNF at that ext handle of 27840
14:25 Uttam : (14:09) Uttam : one tag of 11061 & 27915 seems on today
14:26 Uttam : some more shorts left to be squeezed out looks like?
14:26 MJ : Monthly VAH abhi uttam 🙂
14:26 Govind : NF/BNF went Ben Stokes on bears today 🙂
14:27 Uttam : 11083 / 11106 / 11124-136 in NF above 11061
14:27 Uttam : 11094 1.5 IB
14:28 Uttam : (12:31) Uttam : 1.5 IB is 11094 🙂 just saying
14:28 Govind : Looks like Nimmi and Trump teamed up
14:29 Shai : 11068- (14:10) Shai : yes 11073 coming(14:10) Shai : 11005 sl
14:29 MJ : Bnf did bungee jumping 🙂
14:29 Shubro : ky atiming mein nikla
14:29 Govind : Awesome Shai
14:29 MJ : Bohot sahi Shubro.
14:29 Shubro : buffalo went too close to sun
14:30 Govind : COT still good, it looks like
14:30 Shai : 27985- (13:26) Shai : 27915 yes
14:30 Shubro : wings on this baby looks intact hmmm
14:31 Govind : Haha14:29 Shubro : buffalo went too close to sun
14:31 Shubro : still good longs just a hiccup
14:32 Govind : Anuj is so excited
14:33 MJ : 11020 10996 tag aaj hi?
14:34 Shubro : doubtful to me MJ
14:34 Shubro : but…flip a coin…
14:37 NP : aaj ALGO kya karega?
14:37 Shubro : chaloo bhai nirmala ne oaise bana liye
14:38 Shubro : ab FII ko phone kar bo ki wapis aa jaaye…
14:38 Shubro : short karne
14:38 Himanshu : Algo will check strength downwards
14:38 Himanshu : seems like
14:38 Shubro : attaboy Himanshu
14:38 Govind : THat 11k CE OI is stil high
14:38 Govind : did not budge
14:38 Govind : More fight to come
14:39 Govind : some 5 mill to 2.7 mill
14:39 Uttam : difference is coming down Govind
14:39 Uttam : just 5L now
14:39 NP : after a long time PCR is above 1
14:39 Uttam : first the PE OI goes up and then the CE OI starts to cover
14:39 Govind : It was 10 lac Uttam?
14:40 Shubro : 100 point drop chalenga apunk le liye bnf
14:40 Uttam : 12+ I think
14:40 Govind : OK
14:40 Uttam : range has been getting narrower
14:41 Govind : Reliance puking
14:42 Shubro : yeh DII logon ke pass algo shalgo nahin hai kya?
14:43 Govind : Daily candles in NF/BNF….huge hammers
14:43 MJ : 11200 pe 175 193 (14:33) MJ : 11020 10996 tag aaj hi?
14:43 MJ : Abhi bag packing.
14:44 NP : Congrats MJ
14:44 MJ : Cheers guy. Save profits.
14:44 MJ : See you tommorrow.
14:44 MJ : Thanks NP.
14:44 MJ : 11018 on this 1440 candle.
14:45 Govind : RIL just went down 1%
14:45 Govind : news?
14:46 Shai : swimg wise the easy move down
14:47 Shai : Nit evry biullish now for the week till 11072 spot ois not taken out
14:47 Shai : was watching the upmobve abv 11010 but no new demand was seeen
14:47 Shai : ref line moved up to 11073F
14:48 Govind : BNF please?
14:48 Shai : 27622 F is good supp
14:49 Govind : Thank you Shai
14:50 Phani null : sir did odds favor carry longs over night..
14:51 Govind : Shai, what is your view on the COT levels as of now, for a follow up move tomorrow?
14:53 Shai : 10980 supp
14:53 Shai : looking for a balance on this COT
14:53 Shai : could see 10980- 11080 kinds tom,
14:54 Shai : follow through looks diff for a) trend day and b) reducing COT at highs
14:54 Uttam : Aug composite still in play
14:54 Shai : 8/10 times a trend day does not follow through higher – (14:50) Phani null: sir did odds favor carry longs over night..
14:54 Uttam : tried to break lower but got rejected & back into the composite now
14:55 Govind : Thanks Shai
14:55 NP : longs good till 10950 holds?
14:55 Shai : yes
14:56 Shai : longs in
14:56 Shai : COT is huge plus
14:56 NP : Thanks Shai Sir
14:56 Govind : All out, 10DT for the day
14:56 Govind : will take fresh positions tomorrow
14:57 Govind : 11k does not look like will give up that easily
14:57 NP : +1
14:58 Uttam : congrats Govind
14:58 Govind : Even 27500 CE OI is higher than PE OI and BNF is at 27840…looking suspect there
14:58 Govind : Thanks UG and Naren
14:59 Govind : Wait, my Ami is not moving
14:59 NP : @ Shai Sir @ Uttam ….. is it safe to say now that the market has turned to buy on dips from sell on rallies market?
14:59 Govind : Scratch the 27500 comment
14:59 Govind : Apologies
15:05 Govind : 10900 combo looks decent
15:11 Govind : Close around highs is good right
15:12 Shai : 11090 sl from here for 10980 F tom
15:13 Shai : 30 risk for 80 gain
15:15 Rajiv : I am going with it shai
15:15 Shai : will reverse abv 11090 for 11200
15:15 Shai : yes that’s the plan
15:15 Rajiv : Done chief
15:16 Shai : usdinr backed off from 72.27 at 71.86 now – 10:36) Shai : is good for 72.30
15:16 Shai : should drop to 71,30 if 71,80 breaks – Shai : avoid longs if 71.80 breaks today/ tom
15:17 Phani : sir the current short call given which strike of put is good, sorry for novice question i am new here
15:18 Shai : It is a suggested trade only for experienced traders
15:18 Shai : 11100 put is best
15:22 Phani : ok sir thsnks, is there a way to know which trades to follow for beginners
15:22 Uttam : @Govind can look at the strangle of 11000ce & 11100pe
15:22 Uttam : both at 95-98
15:22 Shai : are posted in blue below the charts zone or in the A tab
15:22 Shai : (15:22) Phani : ok sir thsnks, is there a way to know which trades to follow for beginners
15:23 Govind : PE has a higher strike UG? 15:22 Uttam : @Govind can look at the strangle of 11000ce & 11100pe
15:23 Uttam : yep
15:24 Uttam : as Shai said that 11100pe will be a good bet if we probe lower tom
15:24 Shai : not crossed , valid for tom also – (14:47) Shai : ref line moved up to 11073F
15:24 Uttam : post IB short could be a good trade tom
15:24 Uttam : if we do not open lower
15:24 Govind : OK Uttam, not carrying anything after a great day. Will decide in the morning
15:25 Govind : Thanks for the input
15:25 Uttam : yes yes it is just for observation right now, no buy call in ot
15:25 Boppanna : Shai the FA (multi-day FA) at 11083 on 21/08 a reference for Tomorrow as well
15:25 Uttam : in fact it has been trending lower
15:25 Govind : +1
15:26 Govind : OK all, have a great day. See you tomorrow
15:27 Shai : @Bopp FA works best in ranged markets not the trending type we saw last week
15:27 Shai : it’s jusr a factor which happens to be there and will fill in
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Himanshu : Bye all
15:30 Boppanna : Ok Shai thx