Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of Order Flow trading.
NF
NF (Apr)
BNF
BNF (Apr)
Room Chat
08:58 Vtrender Live : (08:56) Vtrender Live: option charts – https://join.me/518-908-068
(08:58) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/685194117
09:14 RK : (09:14) RK : Long NF above 11400 SL 11375 obj 11420/11440
09:30 RK : (09:29) RK : avoid this (09:14) RK : Long NF above 11400 SL 11375 obj 11420/11440
09:52 Shai : (09:52) Shai : Update – reduce half of the 11300 call at 122 here. Hold rest at cost 92.
11:12 Shai : (11:11) Shai : Update – close out the 11300 ce at 105 cmp
11:52 RK : (11:51) RK : Keep NF Short at 11389 SL 11424 obj 11330/11270
13:23 RK : (13:23) RK : stopped (11:51) RK : Keep NF Short at 11389 SL 11424 obj 11330/11270
14:13 Shai : Positional _ Buy BNF 29566 a 50%25 qty sl of 29400 tgt 29900
14:30 Shai : (14:30) Shai : Expiry trade – Buy 11500 call at 27- 28 sl of 12 tgt 58/ 77
14:54 Shai : (14:53) Shai : Update 2- Book fully the BNF trade . High of 29898 near tgt 29900
08:56 Vtrender Live : option charts – https://join.me/518-908-068
08:57 Himanshu : GM all
08:58 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/685194117
08:59 Shai : GM all
08:59 Shai : https://vtrender.in/market-profile-analysis-dated-25th-mar/
09:03 Himanshu : GM Shai
09:05 Uttam : Good Morning All 🙂
09:06 Himanshu : Uttam – FII bought inddex options approx 3k cr
09:07 Himanshu : Can we figure – it could be for April series also .. or March Hedge,,,
09:07 Govind : Good morning!
09:07 Jitender : Gm Folks 🙂
09:07 RK : GM Shai and all
09:07 Shubro : GM everyone
09:09 Uttam : @Himanshu Suyog will be the best person to check that data with
09:09 Subhodeep : gm all
09:10 Himanshu : Where can get him on Slack
09:11 Jitender : u can do a very rough calc by chckn Apr OI change….other than tat its not poss as per the current data reports published by Nse
09:11 Rahul Desai : Good morning Everyone
09:12 Himanshu : K Jit. -thx
09:13 TP : GM All.
09:14 RK : Long NF above 11400 SL 11375 obj 11420/11440
09:19 Shai : 11435 would be good
09:20 Shai : 11395 still the ref line of the RS seen yesterday in this zone
09:20 Shai : anything abv that will put bulls firmly on top
09:20 Shai : 29420 ref line for BNF
09:23 Uttam : BNf looking good here for upside
09:26 Govind : BNF crossed 420. Should we enter?
09:28 Govind : Or should we wait for 5 min candle to close above 420?
09:29 RK : avoid this (09:14) RK : Long NF above 11400 SL 11375 obj 11420/11440
09:32 Himanshu : Uttam – RB above 29420
09:32 Himanshu : greens
09:33 Himanshu : previous candle – 21180 with zeros on top what does it says
09:34 Uttam : (09:23) Uttam : BNf looking good here for upside
09:34 Uttam : 29499 coming?
09:34 Himanshu : yes above 455- now 499
09:34 Himanshu : good call – exiting overnight PEs here
09:35 Govind : Yes, Himanshu.
09:36 Himanshu : had 29000,29200 PEs..
09:37 Uttam : 14k green in BNF at 29465
09:37 Govind : Uttam, zeros on top?
09:37 Uttam : 29445 needs to hold now
09:38 Uttam : yes Govind that 14k green could be stops of shorts
09:39 Uttam : there was a 21k red earlier at 29430
09:39 Uttam : we had 0s there also
09:39 Govind : OK Uttam, should be more interesting once we cross y’days highs…probably more short covering
09:43 Govind : HDFCBank is going berserk…leading BNF
09:43 Uttam : (09:37) Uttam : 29445 needs to hold now…..
09:43 Uttam : demand started coming in when BNF came down to that 29445
09:44 Uttam : POC on 5mins came down to indicate RB
09:45 Uttam : (09:34) Uttam : 29499 coming?
09:46 Uttam : 29497 high so far BNF
09:46 Shai : 118 now 🙂 – (14:53) Shai : Positional – Buy 50% of 11300 call at 92- 93 sl of 73 tgt 150.
09:46 Uttam : +100 Shai
09:47 Shubro : what a call sirjee
09:47 Govind : I am in too
09:47 Shai : +1
09:47 Uttam : 29499 here
09:47 Mani : +1
09:47 Shai : booking orders keep at 146
09:48 Shai : BNF driving up
09:48 Uttam : yep
09:48 Shai : right from pOC
09:48 Uttam : (09:23) Uttam : BNf looking good here for upside
09:49 Shai : +1
09:49 Uttam : 29544 weekly VAL
09:49 Uttam : 29572 next supply zone on watch in BNF
09:49 Uttam : if sustains above 29510
09:50 Uttam : 29490 immd sup now
09:51 Jitender : apna to ho gaya
09:51 Jitender : single trade
09:51 Shai : +1
09:51 Shubro : +1 Jit
09:51 Jitender : 29.3 ce 200-265
09:51 Jitender : tx Shai & Shubro
09:52 Shai : Update – reduce half of the 11300 call at 122 here. Hold rest at cost 92.
09:52 Uttam : super call Shai
09:52 Uttam : congrats Jit
09:52 Shai : Cheers
09:52 Jitender : tx Uttam
09:53 Subhodeep : congo jit
09:53 Jitender : tx
09:57 Himanshu : congo jit
10:00 Jitender : +1
10:03 Uttam : Shai 30min BNF on GoTo needs some adjustment
10:06 Shai : travelling too fast
10:06 Shai : 29792 visible
10:07 Uttam : 29572 you mean Shai?
10:07 Shai : swing nt intra
10:08 Uttam : oh ok cool
10:08 Uttam : HVN there right & weekly POC also
10:09 Uttam : BNF has left a weekly FA at 29211
10:09 Uttam : 1atr on weekly comes to 29922
10:10 Uttam : (09:49) Uttam : 29544 weekly VAL…high so far 29538
10:12 Jitender : +1
10:13 Jitender : Uttam…man start gvng calls…u wud be grt
10:13 Uttam : _/\_
10:16 Shai : this open drive is signalling a potential reversal in BNF for expiry
10:16 Shai : letr’s wait at D period
10:17 Shai : 29410 sl if wanting a ride in this train now
10:17 Uttam : yes Shai
10:17 Uttam : yesterday’s Balance meant downside done & BNF made a swing low too & looks like now ready for good move up 🙂
10:18 Uttam : d) Above 29445, the auction can move higher to 29499-509 and 29550-572
10:18 Uttam : 29548.8 high so far in BNF
10:19 Uttam : Above 29572 BNF can tag 29638-660
10:22 Govind : Uttam, what is the significance of 29548.8?
10:22 Govind : Day’s high?
10:23 Rahul Desai : Shai — Which point in the orderflow chart you are referring to when you said …”this open drive is signalling a potential reversal in BNF for expiry”
10:24 Shai : the drive off POC
10:24 Rahul Desai : ok..thanks Shai
10:25 MJ : Good morning room.
10:25 Rahul Desai : Shai any positional alerts for Bank Nifty?
10:25 Shai : yes
10:26 Shai : (10:16) Shai : letr’s wait at D period
10:26 Rahul Desai : k
10:31 Rahul Desai : Shai what is the TPO size we are using in the charts for Nifty and Bank Nifty?
10:32 Rahul Desai : I mean the settings..
10:35 Shai : 1 and 3
10:35 Shai : but that changes if the market is dynamic
10:37 Rahul Desai : ok…got it thanks
10:42 Shai : C ext in BNF
10:42 Shai : hence the wait for D
10:43 Shai : 29500 F the new supp
10:44 Shai : 29465 F the bigger one
10:45 Govind : Shai, is there a call in BNF?
10:47 Uttam : not yet Govind but if anyone is long in BNF then 29500 is the new sup
10:47 Uttam : calls will be seen in tab A
10:47 Govind : Ok, thanks Uttam.
10:48 Uttam : so at anytime you can check that tab for any active calls
10:48 Govind : Got it. Thanks.
10:49 Uttam : 🙂
10:50 Uttam : NF playing spoilsport today
10:51 Uttam : stuck in a narrow range
10:53 Hari : GM All
10:54 Shai : back in MB
10:54 Shai : 11385 last day supp
10:56 Subhodeep : it fertilizers media auto sectors int eh red in nifty
10:58 Jitender : watch Uttam’s tis lvl (10:18) Uttam : d) Above 29445, the auction can move higher to 29499-509 and 29550-572
10:58 Jitender : abv it bnf will b a free hit for 100 more
11:02 Himanshu : Shai – as per your comment yday – we shall close BNF F 29550 to confirm trend resumption upwards or
11:02 Himanshu : if we close today .. holds true as well ,
11:11 Shai : Update – close out the 11300 ce at 105 cmp
11:12 Shai : yes or a D side extn – (11:02) Himanshu : Shai – as per your comment yday – we shall close BNF F 29550 to confirm trend resumption upwards or’
11:23 Shai : not looking good here for bulls now
11:23 Shai : potential short below 11382 for 11346
11:24 Dharmesh : what does yellow line @11384 signify?
11:27 Siva : @ shai sir , short is because of it is abour to break VAL at 11382 of the MP ? or any other pointers?
11:31 Jitender : greens need to step in here
11:31 Shai : Today’s Initiative buying cluster who drove price to 11410- (11:24) Dharmesh : what does yellow line @11384 signify?
11:31 Shai : so they are not defending per the OF now
11:31 Shai : which mean the PLR is lower again
11:32 Shai : we should get 11346 sl of 11404
11:33 Shai : BNF to drop to 11390
11:35 Mani : 29390 sir
11:36 Shai : 29390 yes Thanks
11:41 Jitender : rbi $ swap auction over 2day
11:44 Uttam : Nifty Spot breaking IBL
11:45 Shai : won’t stop till 11346
11:45 Arjun : @jit have you seen the dollar swap auction having an effect on usd inr ?
11:45 Uttam : yep
11:45 Uttam : BNF also can tag 29370
11:45 Shai : hope you guys have closed longs and taken a short
11:45 Govind : YES SIR!!
11:45 Uttam : D period no extension means longs we very cautious
11:46 MJ : +1 shai
11:46 Uttam : -24k COT in BNF
11:46 Azmath : B= RS, C = IS in 30 min today
11:46 Uttam : as breaks VWAP with a big bar
11:46 Shai : There you go Az
11:47 Shai : perfect isn’t it?
11:47 MJ : AZ nice read.
11:47 Uttam : some late reds in both culd get stuck here
11:47 Azmath : _/\_ Thanks Shai.. yes now i am more confident..
11:47 Azmath : with OF post session
11:47 Shai : Cheers
11:47 Uttam : super Azmath 🙂
11:48 Govind : Uttam, AZmath, thanks for putting out the reasons. Makes it very clear. THanks!!
11:49 Uttam : NF wants to leave a FA at lows?
11:49 Uttam : getting back to 11390 looks like?
11:49 Azmath : Yes dRB now
11:49 MJ : ping pong.
11:49 Uttam : BNF making a smooth ‘p’ now
11:50 MJ : Getting acceptence in mb will be nice.
11:50 Shai : that 24000 piled on late in NF
11:50 Uttam : probable FA in BNF at top
11:50 Shai : 11365
11:50 MJ : Yes.
11:50 Shai : laggard
11:50 Uttam : yes Shai
11:50 MJ : 24k fella with 261 above him too.
11:50 Uttam : (11:47) Uttam : some late reds in both culd get stuck here
11:51 Shai : +1
11:51 Himanshu : RS = b means
11:51 Jitender : if 430 is not breached..bnf cud have done DL
11:51 MJ : RS in b period
11:51 Uttam : B period was responsive selling
11:51 MJ : Himanshu.
11:51 Uttam : C was IS
11:51 Shai : expecting an RS at vwap again
11:51 RK : Keep NF Short at 11389 SL 11424 obj 11330/11270
11:52 Shai : +1
11:52 Himanshu : IS initiative selling
11:52 Uttam : yes
11:52 Shubro : BNF D period is IS Uttam?
11:53 Subhodeep : charts stuck ?
11:53 Uttam : not in BNF Shubro, Azmath was telling in NF
11:53 Shubro : ok
11:53 Shubro : no checking for BNF separately Uttam
11:53 Uttam : BNF we had IB in B period & that POC failed to hold
11:54 Uttam : C was RS
11:54 Uttam : D looked like getting some RB
11:54 Uttam : as took sup at that B poc
11:55 Govind : 61k in NF buy
11:55 Shubro : cool Uttam
11:55 Shai : roll it is that 61
11:56 Uttam : yes
11:56 Uttam : green in Apr also
11:57 Himanshu : Shai – 29500 Straddle in 4th April exp -660 Rs worth shoting
11:57 Hari : 11457 April F is v.imp for next few weeks
11:58 Govind : Shai and Uttam, this is where I’m confusd. If someone is rolling over March longs to April longs, then he would be exiting March. So, should it not be showing up in the red in March?
11:58 Azmath : Thanks Hari
11:58 Govind : Why is showing up as green in both futures?
12:00 Uttam : they somehow manage to mask their orders Govind cos if you see COT of Apr shows net change of 80k green but MAr COT in the same 30min bar is only 6k
12:00 Uttam : in fact negative now
12:01 MJ : Uttam possible that they were short in March?
12:01 MJ : Covered and rolled april longs?
12:01 Uttam : so looks like he has exited MArch & gone long in Apr
12:01 Govind : Wow Uttam, thanks for the clarification. Guess this reading the chart beyond just the bids and asks.
12:02 Uttam : the more time you spend the better your reading would become
12:02 Govind : Very true!
12:02 Jitender : +1
12:02 Azmath : Govind.. Screen Time is required
12:03 Govind : Agreed Azmath, just my 3rd day.
12:03 Jitender : but corelation of theory has 2 b with creatn setups for tradn
12:03 MJ : Especially last one week of OF. Double confirmation with both the month’s OF.
12:03 Jitender : else we have seen how theorists who r good at telling….fail wile tradn
12:04 MJ : +1 AZ. Screen time imp. Good to see you sharing your insights on OF.
12:04 Uttam : +100 Jit MTM is what matters EOD
12:04 Jitender : absolutely
12:04 Jitender : tat wat we r in for
12:05 RK : would you care to name such theorist Jit?
12:05 Azmath : Screen time – first lesson i got from Jit here.. 🙂
12:05 Jitender : Rk..many on twitter
12:05 RK : great
12:05 Jitender : n our famus Gujrl who has written books
12:05 Jitender : Gujra;
12:05 Jitender : l
12:05 Jitender : n we take contra calls to hi,
12:05 Jitender : him
12:06 RK : nice
12:06 Hari : guys who are real traders are not that active on twitter 🙂
12:06 Hari : Most of the folks there are paper traders
12:06 Jitender : yes Hari..unless u want to use theory for alternate income streams
12:07 Jitender : m proud to say Shai is the only one i have found whoz a genuine trader & master of setups
12:07 Jitender : he constantly eveolves n shares
12:07 Azmath : +1 Jit
12:07 Jitender : rest arrogance n ego has drowned many 🙂
12:07 Siva : 11:55 candle in nifty , cot is +ve , delta +ve , but still it is red , can some please explain how the price managed to come down ?
12:09 Azmath : it was roll over vol Siva
12:09 Uttam : where has the price come down Siva? high and low of that bar is 11382-11373 and we are stil inside that range
12:10 Siva : @candle is in red , so assume price came down from its open 🙂
12:13 MJ : vwap hustle for bnf.
12:16 Govind : Look at all the zeros in BNF
12:16 Arun : what this zeros means
12:17 Jitender : rs should ideally strengthen (11:45) Arjun : @jit have you seen the dollar swap auction having an effect on usd inr ?
12:18 Jitender : 442-484 half book (11:51) Jitender : if 430 is not breached..bnf cud have done DL
12:18 Uttam : (12:16) Arun : what this zeros means….in this it is showing lack of liquidity
12:19 Uttam : in this bar*
12:19 Uttam : as it is in the middle of the bar
12:19 Arun : so it got filledup when the price goes down now, means seller are selling more?
12:19 Uttam : when they comes at extreemes could be SLs
12:20 Arun : ok
12:20 Uttam : yes we got RS above vwap
12:21 Uttam : those 0s could act as imp ref zones as if takes sup/res there that means that buyer/seller still defending
12:21 Uttam : see that 2160 red in that zone next bar?
12:22 MJ : @Shai Small request if we can have OF learning channel on slack?
12:22 Uttam : (11:49) Uttam : NF wants to leave a FA at lows?(11:49) Uttam : getting back to 11390 looks like?
12:22 MJ : Or can we post it in the mp channel?
12:22 Uttam : NF tags 11390
12:22 Govind : Good call Uttam..
12:23 Uttam : greens galore at vwap
12:23 Uttam : NF wants to confrim the FA looks like
12:24 Uttam : RS coming in but greens persistent so far
12:25 Uttam : C period IS poc was at 11398 so if that is taken out NF can do RE up
12:26 MJ : AZ your search for mb in NF is answered today.
12:26 MJ : (11:50) MJ : Getting acceptence in mb will be nice.
12:26 Azmath : 🙂
12:27 Shai : yes that MB trade and the daval to dvah trade setup
12:27 MJ : +1 shai.
12:27 Shai : 11403 is the ref still
12:28 MJ : Yep horizontal nose there too.
12:28 Jitender : full book at 505 (12:18) Jitender : 442-484 half book (11:51) Jitender : if 430 is not breached..bnf cud have done DL
12:28 Uttam : nice one Jit
12:28 Jitender : tx bro
12:28 Jitender : done fr the day…adios guys…c u morrow
12:29 Uttam : NF making a nice 2 day bell for now
12:29 Uttam : upper part of yesterdays profile being smoothened
12:29 Uttam : whereas BNF has moved away from yday value
12:35 Govind : Are you guys hearing some audio of a child and an adult?
12:35 Arun : what is the blue box and white nbrs at the top of each footprint bar signify? Open interest?
12:36 MJ : Blue box is COT. White is Delta and yellow is volume.
12:38 Govind : Guys, I am hearing some audio…and I do not have anything else open. Is anyone else getting the same?
12:38 Shubro : so guys RS in NF in G period still active right?
12:39 Shai : sdm – please mute the mikes next time you login to go to webinar
12:39 Shai : we don’t want to hear your private conversations 🙂
12:39 Uttam : lol
12:42 Subhodeep : uttam has there been a dip in volumes in nf?
12:42 Subhodeep : the last hr?
12:42 Shai : Guys when you are in Go TO meeting please take 2 extra seconds gto ensure that the mike access is denied. By default they take the mike controls which we cannot override from here
12:44 Uttam : @Subho this time of the day anyways has less vols, locals enjoying
12:44 MJ : For smarter way and one time solution. If you use chrome for gotomeeting. Just don’t give permission to audio and camera. This ensures that it doesn’t take your system cam and mic.
12:44 Shubro : RK NF short still on right?
12:45 RK : yes
12:45 Shubro : ok
12:46 Shubro : Shai inthe BNF the G period candle is IB or RS?
12:46 Shubro : 30 min i.e.
12:47 Shubro : since its just marginal b/w wick and body
12:50 Uttam : Shubro there is no conviction today after the morning singles & range is also contractign
12:50 Uttam : so it is one of those candles you can leave alone I feel
12:50 Uttam : 29430 is the morning tail now
12:50 Shubro : got you uttam thanks
12:51 Uttam : so better to observe what OF does if we get there
12:51 Uttam : BNF has been in a 40 point range
12:51 Shubro : noted many thanks Uttam
12:51 Uttam : I am also learning here Shubro 🙂 along with you
12:52 Shubro : great to do this together Uttam
12:52 MJ : Shubro. That 1245 type of candle in bnf. Check the immediate 2 follow through candles then.
12:53 MJ : It gives confirmation of holding or breaking any imp levels.
12:53 Shubro : ok
12:53 MJ : OF gives all the hints .
12:54 Shubro : yes piecing the puzzle with all your help guys.
12:54 Shubro : rather peesooing the puzzle
12:55 MJ : All in this together 🙂
12:57 Uttam : some big vols coming in NF Apr here
12:57 Uttam : at Haris 11457
12:58 Uttam : rolls again as Mar also has similar vols
12:59 Uttam : biggest vol of the day on 15mins as it beats the opening vol also
12:59 Shubro : that whale just now a roll?
12:59 Uttam : dPOC there now at 11385
13:00 Uttam : big seller in Apr though
13:01 MJ : 148k
13:01 MJ : 72k of march looks like rolls.
13:01 Uttam : 255 below it
13:01 Uttam : 186 green
13:01 MJ : Oh haan
13:01 Shai : one is a roll and one is a sell in april
13:01 MJ : 255
13:02 Uttam : yep Apr COT for that bar so far -1L
13:02 Shai : big boys are rolling here
13:02 Uttam : one day in advance?
13:02 Uttam : but guess rolls started from Friday itself
13:02 Uttam : OI coming down big way
13:05 Uttam : jump in 29400ce OI in last 30 mins
13:06 Uttam : 29400pe also OI hass been rising since morning
13:06 Shubro : batlle begins there then
13:08 Uttam : combo at 300 so guess writers getting into it for next 2 days?
13:08 MJ : @Shai need to check 30 min gotomeeting charts?
13:08 MJ : 2 are missing.
13:09 Shai : ?
13:10 MJ : 2 charts are white space. Sorry it was internet at my end.
13:10 MJ : Frame froze.
13:11 Uttam : I was counting the bars as to which ones were missing 😉
13:13 Govind : Uttam, is there an April 5 min chart that is available as well?
13:13 Govind : I see the 30 min one.
13:13 MJ : Uttam 215k green gets COT back to positive in april.
13:13 Uttam : for Apr 30min is good enough till expiry Govind
13:14 MJ : single bars are making Day cot change.
13:14 MJ : Big fellas indeed.
13:14 Govind : IB?
13:14 Govind : previous bar
13:14 Uttam : yes Mihir & they mask their orders in a way that it is not easy to see if they are net buyers or sellers
13:15 Govind : Crossed IB
13:15 MJ : Entire dec jan Rolls were so well masked.
13:15 MJ : I am talking about that big fella.
13:16 MJ : You are right Uttam. They’ve been doing this series by series.
13:16 Uttam : that 29400ce OI change looks like was buyers?
13:17 Subhodeep : rk/shai above what levels would a longtrade on nf work with obj 11470?
13:19 Subhodeep : 11406 a hollow doble pink band in 30 min of ?
13:19 Uttam : boom boom
13:20 Uttam : NF about to confirm the FA
13:21 Uttam : Gone
13:21 Govind : WOW!!!
13:21 Hari : what the ….
13:21 Govind : what just happened bro!
13:21 Uttam : 2L red in NF at top
13:22 Govind : Yes…
13:22 Shubro : NF blew its load man
13:22 Uttam : (12:23) Uttam : NF wants to confrim the FA looks like
13:23 RK : stopped (11:51) RK : Keep NF Short at 11389 SL 11424 obj 11330/11270
13:23 Uttam : b) Staying above 11366, NF can probe higher to 11380-390 and 11425-435
13:23 Uttam : Above 11435 new leg up in NF can start
13:24 Govind : Shai said to look out for 11435 in the morning
13:24 Govind : Yes Uttam
13:24 Uttam : BNF booom time now
13:25 Uttam : (13:16) Uttam : that 29400ce OI change looks like was buyers? looks like those buyers booking out as OI again falling
13:26 Uttam : 11463 is 1ATR from today’s FA
13:27 Uttam : NF tags 1.5 IB
13:29 Subhodeep : shubro do chk wa whne you have time
13:29 Shubro : ok
13:33 Shubro : Shai positional long NF makes sense?
13:33 Subhodeep : shai the third last candle in the 5 min of nf chart lot of 0s in between
13:34 Subhodeep : significance or interpretation please
13:34 Shubro : Subho illiquid ity there can act as support or resistance
13:34 Uttam : @Shubro this was the extreme of the day
13:35 Uttam : so SLs hit there
13:35 Uttam : but yes will be imp ref zone
13:35 Shai : stopped – (11:32) Shai : we should get 11346 sl of 11404
13:36 Shai : 11363 becomes an FA ref for expiry
13:36 Uttam : yes Shai 11463 is 1atr and 11563 2atr so can expect expiry there now?
13:36 Uttam : Apr SOC of 11595 can come again this week?
13:37 Shai : on a cross abv 11444
13:37 Uttam : +1 NF also in the process confirmed a weekly FA
13:37 Uttam : 1atr comes to 11616
13:38 Uttam : both BNF & NF have given weekly FAs at 29211 & 11337
13:39 Uttam : BNF already done half of the 1atr move
13:39 TP : Uttam when you get time can you post the weekly FA for both on slack.
13:40 Uttam : Ami chart Tej, is it ok?
13:40 TP : i know you do these on ami , tks .
13:40 Uttam : 🙂 okies
13:43 Govind : curtain is down
13:44 Vineet : yes curtain is down
13:46 Vijai : I m just in.Unable to see the charts . ecurtain is down
13:47 Uttam : yes Charts should be back soon
13:47 Shai : small snag..working to get it up
13:47 Vijai : ok
13:57 Shai : charts should be back up
13:57 Govind : Yeah they ARE BACK
13:58 Shubro : back
13:59 Subhodeep : back
13:59 MJ : I can’t imagine taking a trade without OF chart in front of me for NF/bnf.
13:59 MJ : hooked and how.
14:00 Subhodeep : uttam int he 30 min of we had a pink hollow band as we have one at 11440 now could you please help me interpret it
14:05 Uttam : it is not there now Subho?
14:05 Uttam : that band means seller imbalance
14:07 Himanshu : uttam – sorry was away – are we closing high as ?
14:07 Himanshu : mean can we establish this weekly exp range in BNF
14:07 Himanshu : earlier today we had supp at 29500 F
14:08 MJ : 80k rolls
14:09 MJ : Uttam and violet is prev reference right?
14:09 MJ : 30min.
14:13 Shai : Positional _ Buy BNF 29566 a 50% qty sl of 29400 tgt 29900
14:17 Govind : Thanks SHAI!
14:24 Himanshu : Shai – this call explains the direction from hereon
14:24 Himanshu : am short on 29500ce on netxt weekly time to close the pos
14:25 Himanshu : or any chance during the day for VWAP swipe
14:26 Shai : shorts cleraing
14:26 Govind : WOW…Zeroes!!
14:26 Shai : yes- (14:24) Himanshu : Shai – this call explains the direction from hereon
14:27 MJ : Shai 23940 twice printed?
14:27 MJ : or two orders?
14:27 Shai : would have liked a restest of the RB at 11346 before this move up
14:27 Shai : but the market has it’s own ways
14:28 Shai : which one?- (14:27) MJ : Shai 23940 twice printed?
14:28 MJ : 5 min bnf top
14:28 MJ : 23940
14:29 MJ : Got printed twice. two orders it seems as it is in 30 min too.
14:29 MJ : Was same number hence asked.
14:29 Govind : MJ, I only see one 23940
14:30 Favas : 50k bnf?
14:30 Shai : Expiry trade – Buy 11500 call at 27- 28 sl of 12 tgt 58/ 77
14:31 Natarajan : shai i am long in 11400 since 41 , part boked at 68/78, holding 50%. What should be the stop loss
14:31 Shai : this is breaking up for a retest of that 11537 selelr
14:31 Shai : nice 1- (14:31) Natarajan : shai i am long in 11400 since 41 , part boked at 68/78, holding 50%. What should be the stop loss
14:31 Shai : hold at 42
14:32 Uttam : (13:36) Uttam : yes Shai 11463 is 1atr and 11563 2atr so can expect expiry there now?(13:36) Uttam : Apr SOC of 11595 can come again this week?
14:32 Shai : 110/ 138 in it
14:32 MJ : @Govind 23940 when printed first there were two orders. Now below that number you have 26280 greens.
14:33 Govind : Ok MJ
14:33 Uttam : BNF does 1.5 IB
14:34 Natarajan : holding 29600 Ce , since 113 levels, part booked at 142/160, 1/3 left. Can i carry it
14:35 Natarajan : or should book
14:35 MJ : Nice trade.
14:35 MJ : Trail it.
14:35 MJ : Shai’s positional is on too.
14:37 Shai : juicy MB in BNF
14:37 Natarajan : when shai gave position buy, i dcided to hold it.
14:37 Shai : swing it
14:37 MJ : Yes Shai.
14:37 MJ : 🙂
14:37 Gaurav : FY end NAV prop up
14:37 MJ : Upper side of MB is?
14:38 Shai : 29711
14:38 MJ : Thanks shai.
14:38 Shai : part book near close – (14:35) Natarajan : or should book
14:38 Shai : good tyrade again
14:38 Govind : Shai, what does MB stand for and how do I spot it?
14:39 Uttam : NF does 1atr from today’s FA
14:40 MJ : Shai Lovely trade.
14:40 MJ : Thanks.
14:40 Uttam : melt up?
14:40 Govind : Zeroes Galore!!!
14:41 MJ : Like that term Uttam.
14:41 MJ : Melt iup
14:41 MJ : up
14:41 Govind : Uttam, what is MB and how does one spot it?
14:41 MJ : Ek Mb se dusre mb taka.
14:41 MJ : Safar chalta rahein.
14:41 Azmath : 🙂
14:41 Azmath : MJ
14:41 Uttam : BNF weekly FA again proing to be so pwoerful
14:41 Shai : (14:40) Shai : One more MB
14:41 Azmath : hop hop MB to MB
14:41 Uttam : gving a 1ATR target in one day only looks like
14:42 Shai : 29840
14:42 MJ : AZ 🙂
14:42 Shai : 30 mins and 29840- 14:13 Shai : Positional _ Buy BNF 29566 a 50% qty sl of 29400 tgt 29900
14:42 MJ : for me that was ID 🙂 bossman.
14:42 MJ : Thank you so much.
14:43 Shai : Update – Book half of the BNF at 29786 here and ride the rest
14:43 Natarajan : booked all, today many options in big quantity, i could double 🙂
14:43 Shai : Update 2 – Book half the 11500 call at 50 cmp and ride rest risk free
14:44 Shai : holding balance for this – (14:31) Shai : this is breaking up for a retest of that 11537 selelr
14:45 Uttam : (13:23) Uttam : Above 11435 new leg up in NF can start(13:37) Uttam : +1 NF also in the process confirmed a weekly FA(13:37) Uttam : 1atr comes to 11616(13:38) Uttam : both BNF & NF have given weekly FAs at 29211 & 11337
14:45 Govind : What a great day!!
14:46 Santosh : What a Call
14:46 Shai : BNF needs a 100 more
14:46 Azmath : _/\_ Shai, RK
14:46 Govind : Uttam and Shai, thanks so much for the answers and guidance. Made decent money today and more importantly learned quite a bit. Now, time to go read Jim Dalton’s book.
14:46 Santosh : Double money in 30 mins
14:47 Govind : For all my fellow traders, Jim Dalton is hosting a free webinar tonight. Please go to his website for details.
14:47 MJ : Amazing Day today.
14:48 Uttam : BNF at that trend ay vwap already
14:48 Uttam : 29825
14:48 Uttam : beast mode
14:49 Uttam : did look like it will have a good up day today 🙂
14:49 Govind : Uttam, what is an MB?
14:49 Uttam : MB is micro balance
14:50 Uttam : check out learning strategies channel lot of stuff there
14:50 Shai : 50 more now – (14:46) Shai : BNF needs a 100 more
14:50 TP : 30k ce at 100 now , some twitter geniuses sold at 20 odd I guess 🙂
14:50 MJ : Cometh chief cometh.
14:50 Shai : MB MB game being played 🙂
14:50 MJ : MB MB kho kho.
14:50 Uttam : BNF doing a weekly ATR in one day
14:50 Shai : I think today all of you get the utility of tracking these MB’s
14:50 MJ : Shai hats off to your system.
14:51 HPandey : shai NE today?
14:51 Uttam : yes HPandey
14:51 Shai : NE
14:51 Shai : with FA
14:51 Uttam : BNF does 80% on weekly Value
14:51 HPandey : with 2 extension handle
14:51 Uttam : 29544-29872
14:51 Uttam : 29922 cometh?
14:52 Shubro : cometh like a comet
14:52 MJ : Shai that 29500 ce was in at 130 today.
14:52 Uttam : 11521 trend day vwap in NF
14:52 MJ : 🙂
14:52 Uttam : 11532 that POC
14:52 MJ : Had asked RK for btst bnf.
14:53 MJ : My band setup was screaming buy with those 25k + 40k guys in bnf.
14:53 Uttam : it was not a BTST Mihir byt a buy at open as it moved away from the wide POC
14:53 Shai : Update 2- Book fully the BNF trade . High of 29898 near tgt 29900
14:54 MJ : Yep uttam context based. And hence I didn’t go btst.
14:54 MJ : But those big numbers in bnf rarely fail.
14:54 MJ : Or rather big numbers in OF rarely fail.
14:54 Uttam : there was no reason for a lonf at close as it closed right in the mid of the 3-1-3 profile
14:54 Shai : 2 short but no arguments with the BNF today 🙂 – (14:50) Shai : 50 more now – (14:46) Shai : BNF needs a 100 more
14:55 Uttam : 22 short for that weekly 1atr tgt Shai 😉
14:55 Govind : Incredible trade!!
14:56 Uttam : 11500ce writers still not put under pressure
14:57 Shai : BNF could do a 2 day DD here and continue this zone tom
15:05 Uttam : 29911 BNF 11 more
15:07 Uttam : done danna done
15:08 Shai : May do 30050 tom at open
15:12 Azmath : 45 degree tomorrow morning Shai
15:13 Himanshu : bhai log
15:13 Himanshu : bach gaya was short in 29500ce
15:13 Himanshu : booked some loss at right time
15:13 Uttam : Shai looks like BNf wants to tag 30k today only
15:13 Himanshu : no profit today but ok
15:14 Uttam : done
15:18 Shai : No- (15:12) Azmath : 45 degree tomorrow morning Shai
15:18 Shai : this is a one time frame market now
15:18 Shai : 45 degrees only when non one time frame or rotational
15:18 Azmath : ok Shai.
15:19 Arjun : rejection from your 11593 area shai sir
15:21 Favas : crry bn ce?
15:21 Shai : yes he is a big player
15:21 Shai : Favas book
15:21 Favas : thnks
15:21 Favas : gp up?
15:21 Shai : any news you are expecting?
15:22 Shai : price rise is good we should rotate here
15:22 Uttam : NeuX also
15:22 Favas : ys rte cut
15:22 Shai : expecting BNF 30050- 29800 rotation
15:23 MJ : @shai march COT is negative April is Positive. Can we infer that rolls have gone on positive side for today?
15:24 Psandeep : Good Aft
15:25 Psandeep : Shai advisable to carry 5k qty 29200 ce for tomm ?
15:25 MJ : Hi Sandeep 🙂
15:25 Psandeep : Hi MJ
15:25 Psandeep : already more than doubled ce
15:25 Psandeep : ?
15:26 Psandeep : Shai you there, as you mentoned rotation so the query
15:26 TP : 30K combo 320 can be a short ? (15:22) Shai : expecting BNF 30050- 29800 rotation
15:27 Subhodeep : shai ost mkt please do check tab 2 and please give me an insight
15:27 Uttam : that 1500ce hits vpoc and first tgt of 58
15:27 Uttam : can book 50% here Shai?
15:28 Shai : 29200?
15:28 Psandeep : booked 3k going with 3k qty
15:29 Shai : yes expecting rotations in BNF now
15:29 Psandeep : sorry going with 2k qty
15:29 Shai : yes- (15:27) Uttam : can book 50% here Shai?
15:29 Rahul Desai : Shai with this “yes expecting rotations in BNF now” you mean…profit booking?
15:29 TP : Bye All.
15:30 Subhodeep : shai ekbaar pease tab2
15:30 Psandeep : Thanks Shai..bye all
15:30 MJ : Bye everyone.
15:30 Subhodeep : thanks for a wonderful day
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 MJ : See you tomo. lovely day this was.
15:30 Rahul Desai : See you guys
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:31 Mani : bye all
09:58 Mani : shai sir vedanta for shorting ? can you check sir?
10:19 Shai : vedl no sign of aggressive sellers yet
10:19 Shai : 172 is the res
10:24 Rajiv : Shai, your views on ITC please
10:29 MJ : Shai ID obj for Ril? Thanks.
10:30 Mani : thanks sir
10:35 Himanshu : Shai – exited tata steel – 518
10:35 Himanshu : may be expiry can settle …
10:37 Shai : itc may drop to 288
10:37 Shai : weak again below 296
10:38 Shai : 1336 day supp RIL. id obj looks done 1345
10:40 MJ : Shai Above 1346 if stays can see 1355 1357 ID?
10:41 Gaurav : Shai CholaFin can buy now for 1425?
10:56 Shai : 1350 and 1355 yes poss in RIL
10:58 Shai : chola setting up a potential move to 1375 / 1388 here
10:58 Shai : better if close abv 1350 today
10:58 Shai : 1433 would be an extreme view
12:10 TP : Shai views on ASIANPAINT, id.
12:16 Subhodeep : shai bata id and swing veiw pls
12:16 Subhodeep : views on hdfc bank id
12:34 Shai : 1488 res in asian and day obj
12:34 Shai : 1473 supp if held an close up else a big down
12:34 TP : tks chief.
12:35 Shai : 1352 day obj in bataindia
12:35 Shai : 1342 supp
12:36 Shai : swing can giove you 1376/ 1383 if we close abv 1352 today
12:37 Subhodeep : noted shai bata figs … tks
12:39 Subhodeep : shai hdfc and hdfc bank id veiws please
12:44 Shai : 1929 a day supp hdfc but may get resistend at 1958
12:44 Gaurav : Indigo ready for upmove again after this dip here Shai? For April?
12:44 Shai : 2296 hdfc bank res
12:44 Shai : good supp intra 2266
12:45 Shai : yes indigo again a good pick has good buying from open today
12:46 Shai : 1398 cross would invite short covering
12:46 Shai : 1480 imm short trem obj
12:56 Gaurav : Thanks Shai
12:56 MJ : Shai: Adani ent ID obj done? Or can go more?
13:03 Shai : 139 intra obj
13:04 MJ : Thanks.
13:04 MJ : Something fishy yest closing was about adani.
13:21 MJ : Subhodeep done 🙂 (10:56) Shai : 1350 and 1355 yes poss in RIL
13:21 MJ : Shai Thanks 🙂
13:21 MJ : Vwap wasn’t giving up today RIL.
13:22 Subhodeep : 1355 odne as well
13:23 MJ : Yes.
13:24 MJ : Make that 1360 itm.
14:15 TP : Shai expiry views on Maruti .
14:26 Gaurav : Indigo and Chola both flying as per your views Shai. Thank you.
14:39 Shai : Maruti is too wild for an expiry view
14:40 Shai : will have to go by series vwap
14:40 Shai : One more MB
14:44 MJ : Shai Ril 1360 ce can hold? In at too low for an expiry view?
14:49 TP : tks chief
14:58 Rahul Desai : Hi Shai whats your view on BAJAJ FinServe
15:07 Gaurav : ICICI Lombard can buy fpr 1100-1150 Shai?
15:13 Shai : RIL for 1376
15:13 MJ : Out futures all. holding 1360 ces now. Thanks Shai.
15:16 Shai : bajajfin sv res at 7042 needs a clear for more
15:16 Shai : 6953 a supp now
15:17 Shai : 1034 imm obj in iciiclom
15:17 Gaurav : Thank You Shai
15:22 Rahul Desai : Thanks Shai
15:24 Subhodeep : shai tisco above 520 out look for expiryplease
15:30 Shai : 525 cross needed tom for a bullish view in tsic
15:30 Subhodeep : noted shai
15:30 Shai : then could do 543 plus and more
15:30 Subhodeep : thnak
15:30 Shai : 534**