Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade.
The way we see it is that Order Flow trading is a mindset. Well, instead of just looking for technical patterns, Trader should go a step further and think about what other market participants might do.
NF
BNF
Room Chat
08:49 Rajesh : gm
08:55 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/851326189
08:57 Chandrashekhar : GM all
09:05 Rajan : Gm all
09:06 Gopi : GM all
09:08 Shai : GM all
09:08 Govind : GM all
09:08 Shai : https://vtrender.com/market-profile-analysis-dated-27th-feb-2020/
09:08 Manoj : good morning guys
09:09 Tejpreet : GM All.
09:09 Uttam : Good Morning All 🙂
09:10 Prateeek null : gm all
09:10 Jitender : Tej..the bank branchmgr is waitn fr u with a bouquet 🙂
09:10 Chandrashekhar : NF Pre-open looks scary..-2% @ pre-open
09:10 Jitender : its good
09:10 Govind : for SC Jit
09:11 Govind : later in the day
09:11 Jitender : nope fr PE holders
09:11 Govind : 🙂
09:11 Govind : I am short futures
09:11 Jitender : awesum
09:11 Chandrashekhar : +1, short players would be happy
09:12 Uttam : nice so Tej & Gov taking next week off I guess 🙂
09:12 Tejpreet : Jit pe but just 8 lots so need for bank 🙂
09:12 Govind : haha
09:12 Tejpreet : monthly 115k pe at 157 odd
09:12 Jitender : congo
09:12 Govind : was watching the USmarkets till 3am or so, it was crazy volatile
09:13 Chandrashekhar : congo Gov & TP
09:13 Govind : initially, and then the big fall came
09:13 Srinivas : spx is doing 50 handles in 30 min candles 😉
09:14 Govind : Out half, 30151 to 29598
09:15 Tejpreet : tks guys .
09:16 Uttam : 11290 spot
09:16 Uttam : is where we could get some support
09:16 Uttam : monthly VPOC
09:16 Uttam : had mentioned in the Jan monthly report
09:16 KK : which is the level it can rebound to
09:16 KK : Bank nifty
09:17 Uttam : 29220 immediate support in BN
09:17 Govind : Vix up 24%
09:18 Shai : looking for signs of capitualtiom here today
09:18 Shai : margin calls cam come
09:18 Shai : don’t rush into longs
09:19 Govind : +1
09:19 Shai : obviously no new shorts here 🙂
09:19 Srinivas : +1
09:19 Govind : Jit, TV guys are long 🙂
09:20 Shai : 11310 spot to watch
09:21 Shai : we open a short to 11212 if that breaks else stay out
09:21 Rajeshwar mutyapu : Good morning all
09:22 Rajeshwar mutyapu : Hope u r enjoying the shorts as i said yesterday use the rise to short for 11450, its below 11450, so expect 11222
09:22 Rajeshwar mutyapu : this is where it will reverse a bit
09:22 Jitender : had carried very small shrts in positional acc only https://vtrender.slack.com/archives/C0F2VRTPW/p1582861966066200
09:22 Srinivas : very nice.. congrats Jit
09:22 Himanshu : good moring a;;
09:23 Rajeshwar mutyapu : banknifty 30600 to 29375, vs 28800 so far
09:24 Tejpreet : Jit any news of USA retaliation on Russian troops for attack on Turkey.
09:24 Jitender : tx Sri
09:24 Govind : Congo Jit
09:24 Tejpreet : +1 Jit
09:24 Jitender : tx guys
09:24 Jitender : let me scan Tej
09:24 Govind : Turkey has bactracked Tej, now saying they never said attack was by Russians
09:24 Govind : as per NYTimes
09:25 Tejpreet : tks Govind…looking for resons to break Shai’s 310 spot 🙂
09:25 Govind : haha
09:25 Govind : Corona is enough
09:25 KK : chotu trade Maruti 6200 PE monthly 235 to 250 in that rebound
09:25 Jitender : +1
09:26 Shai : 11310 coming in nNF
09:26 Shai : COT is red
09:26 Shai : sl of 11375
09:27 KK : NF would be weaker considering Export oriented vs Bnf ?
09:30 KK : +1 Shai, Entered at 350, lets see.
09:31 KK : if it reaches 310, will it stop..probably trail then..
09:33 Shai : more tradeable definitiely – (09:27) KK : NF would be weaker considering Export oriented vs Bnf ?
09:33 Shai : OAOR
09:33 Shai : look for small moves
09:33 KK : Booked at 326
09:33 Boppanna : Shai whats the initial 5 min COT in BNF?
09:34 Boppanna : 9:15
09:34 Uttam : 42K
09:34 Boppanna : thx Uttam
09:34 Uttam : shorts booked out at opeb but post that fresh reds here in both
09:35 Shai : And here 11310- (09:26) Shai : 11310 coming in nNF
09:35 KK : bnf good for long contra on supports and NF for shorts on rebound ?
09:35 Shai : COT!!
09:35 Tejpreet : +1 Shai
09:35 Vishnu : shai highest vol i seen in vt 38 l in 15min
09:36 Shai : what about the gap down? seen bigger??
09:36 Shai : 🙂
09:36 Shai : j/jk
09:36 Chandrashekhar : first time for me as well…
09:37 Srinivas : 11.3 K PE monthly 225 – 250
09:37 Shai : 11295 supp
09:37 Ankit : 0.8 DT done
09:37 Chandrashekhar : i am just watching the mkt..not comfortable to trade after seeing this gap down
09:38 Rajesh : dt done
09:38 Chandrashekhar : congrats Ankit, Rajesh
09:38 Srinivas : congrats all
09:38 Jitender : +1 Shai
09:38 Jitender : congo all
09:38 Ankit : thx all and +100 shai.. worked as always 🙂
09:38 KK : 0.5 DT done. Just watching
09:39 Govind : Congo all!
09:39 Tejpreet : looks like new morning shorts booked out.
09:40 Shai : 11345 viisble
09:42 Jitender : bnf is being bought
09:42 Jitender : if 480 brks shld cum in sync with nf
09:43 Vishnu : we have46 lakhs and cot 1.45 plus
09:45 Rajeshwar mutyapu : i have bought 11550 pes at 76,
09:46 Srinivas : +1 excellent buy Rajeshwar
09:47 Ankit : what is the IBH for NF?
09:48 Uttam : 11400
09:48 Govind : 29485 to 29434, 50% out ad looking for DL
09:48 Ankit : thx UG
09:50 Srinivas : we need new levels below @UG.. we hit al lthe levels 😉
09:51 Shai : 11210 is now on
09:51 Shai : sl abv 11331\
09:51 Srinivas : +1 Shai
09:51 Uttam : below 11289 NF can fall to 11250 / 11224-205 & 11185-173
09:51 Shai : looking for entry near 11310 again
09:52 Srinivas : thx @UG
09:53 Rajesh : rb at 11288 and positive cot,,,,,,bias upside for rb…am i right ug?
09:54 Uttam : 11345 is the IS’ go with the trend Rajesh
09:54 Uttam : eatch what seller is doing
09:54 Uttam : 0s at 11300
09:55 Uttam : that 56k green could be a short booking out
09:55 Govind : All out, DL was target
09:56 Srinivas : +1 Gov congrats
09:56 Ankit : congo govind
09:56 Uttam : Pes not making good hihghs
09:56 Uttam : vix effect?
09:56 Ankit : yea
09:56 Govind : thanks guys
09:56 Govind : big vols in this last 5 min bar
09:57 Uttam : 11263 in imp
09:57 Uttam : NS day vwap that was
09:59 Shai : Intra – buy 11300 pe at 144 of 125 tgt 195
10:00 Tejpreet : Shai on a larger TF say monthly SL and objective for NF shorts..
10:01 Govind : TV guys would have hit their SL 🙂
10:01 Tejpreet : Govind do they have SL 🙂
10:02 Govind : You know, great question, but they do flash a number
10:04 Uttam : RB+IB forming in NF but needs to get abv VWAP
10:04 Uttam : COT is good last 15mins
10:04 Shai : 11315 our stop
10:04 Uttam : 20th Sep TRend Day VWAP being supported for first time
10:04 Uttam : 11263
10:04 Jitender : 345-428 dne
10:04 Uttam : NS Day that was
10:05 Tejpreet : 278 305 jit nf
10:05 Jitender : +1
10:05 Tejpreet : +1
10:05 Shai : Make exit in the 11300 pe. Sl taken
10:09 Shai : tej 11040 spot opens up below 11367 roughly
10:09 Shai : NF stilla short with 11330 FR as sl
10:09 Shai : just that we have to obey the laws of risk also
10:10 Tejpreet : tks Shai.
10:10 Srinivas : @Jit your exits are to the dot.. you got to teach us those skills 😉
10:11 Tejpreet : Just follow set ups, NF vwap touch was pe buy zone again with SL in system (only for today )
10:12 Uttam : one C side lower will be nice 😉
10:12 Srinivas : +1 thx for the tip Tej
10:13 Tejpreet : +1
10:13 Srinivas : 11.3K PE mnthly 235-250 2% DT done
10:14 Ankit : +1 sri
10:14 Srinivas : thx Ankit
10:15 Sagar : i am shot in BNF should i hold here or book
10:15 Sagar : short*
10:16 Jitender : congo Sri
10:16 Srinivas : thx Jit
10:16 Jitender : guys who r in green mtm…wud strongly advise to not trade now
10:16 Jitender : take off
10:16 Jitender : today is a day fr only pro’s
10:17 Jitender : u cud easily loose money
10:17 Srinivas : +1 chillax till afternoon
10:17 Boppanna : Uttam what was the NS BNF reference?
10:17 Tejpreet : +1 Jit also try to part book small profits and be ruthless with exits.
10:18 Shai : +1- (10:16) Jitender : guys who r in green mtm…wud strongly advise to not trade now
10:18 Shai : I agree
10:19 Chandrashekhar : +1 Jit
10:19 Govind : yeah Jit, with Vix at 21, whipsaws will show up at some point and take out intra SLs in one move
10:19 Srinivas : +1
10:20 Sagar : os in BNF
10:21 Vishnu : shai below 11310 in spot 11210 will tag na?
10:21 Srinivas : Shai, any view on ES_F for today?
10:23 Vishnu : shai march range in nifty can u say
10:25 Shai : feb has to close
10:25 Vishnu : ok
10:25 Uttam : 🙂
10:27 Suyog : Shai.. our big guy did not show up till now, right ? this time
10:27 Uttam : he did Suyog, wednesday close
10:27 Suyog : oh, missed him then..
10:27 Uttam : last 15min we had that 4L vol
10:27 Shai : 11700
10:27 Suyog : ok, thanks..
10:27 Uttam : mentioned that on slack
10:30 Prateeek null : c side lower coming, you see it coming, ug?
10:32 Vishnu : when ug that mentioned and where in slack
10:32 Srinivas : @Ug for IS, what kind of volumes we typically see in NF & BNF
10:35 Shai : An interesting convo from Jan 31st – https://vtrender.slack.com/archives/C0F2VRTPW/p1582866348068000
10:36 Uttam : bingo Shai 🙂
10:36 Srinivas : +1 UG is Nostradamus of Nifty levels 😉
10:37 Srinivas : 11290 😉
10:37 Uttam : _/\_ learning it all from Shai 🙂
10:37 Ankit : _/\_
10:38 Ketan : + SHAI & UTTAM
10:38 Shai : Maintian `11343 as sl on the NF from here and tgt is 11232 F
10:39 Tejpreet : +1 Shai and Uttam.
10:39 Tejpreet : These high vix days remind me of Alerto !
10:40 Rajiv : Alerto?
10:41 Uttam : we had an inhouse BOT which used to give super alerts Rajiv
10:41 Tejpreet : was a bot for positional alerts .
10:41 Sagar : 24k green in NF
10:42 Suyog : damn.. and i was wondering all along where 11367 in Shai’s tweet came from.. 🙂 got too busy building things, less time for observing.. 🙂
10:43 Uttam : D waiting for C to get over to make a RE?
10:48 Himanshu : RE on down or up
10:49 Gopi : charts stopped
10:50 Uttam : where is the initiative tail today Himanshu?
10:51 Srinivas : +1 good teachers only ask questions, but never answer 😉
10:51 Himanshu : UP – Initattivetail is up
10:52 Himanshu : so you mean RE has to be down
10:52 Uttam : yep we have a selling tail right which means initiative selling?
10:52 Uttam : so seller is in control?
10:52 Uttam : and have been below VWAP since open
10:59 Himanshu : reversde
10:59 Himanshu : reverse
11:04 Favas : b\nf stop for shorts?
11:05 Favas : uttm?
11:06 Jitender : 460
11:06 Jitender : as per me
11:06 Favas : thnks
11:06 Uttam : yes +1 Jit
11:06 Uttam : vwap will be the marker and main level would be the morning IS of 29505
11:07 Srinivas : @Ug the black marking in the MP chart is that the IS marking 29496 (725k/849k)
11:09 Uttam : vol poc of today
11:09 Srinivas : ok
11:10 Boppanna : 4 min for D
11:10 Boppanna : to end
11:13 Uttam : PE showing some signs of life
11:15 Vishnu : jit no problems in our area
11:15 Vishnu : my family not insisting to go
11:15 Govind : Uttam, DPOC @ 29500 or lower?
11:15 Ankit : no proem vishnu.. come aaram se. Aerocity is near the airport
11:15 Ankit : the affected area is on the other side
11:16 Vishnu : ok
11:16 Vishnu : trhnks
11:16 Uttam : @Gov vols have died down post open so dPOC there only where we got the morning IS
11:16 Govind : Ok, makes sense
11:16 Govind : thanks
11:17 Uttam : Ankit you in Delhi or Mumbai today?
11:18 Ankit : flying top delhi today eve
11:18 Uttam : cool
11:18 Sanjib : @Govind – Are you coming to Delhi for the workshop? Would have been nice to catch up with you
11:18 Sanjib : I am eager to join tmrw
11:19 Vijay : excited to meet everyone
11:20 Tejpreet : Uttam so Monday another 300 pointer in nifty.
11:20 Uttam : lol Tej, greed is good but itna 😉
11:20 Govind : @Sanjib, unfortunately no man. Family duties.
11:21 Govind : Will have to be next year when Shai offers again in Bangalore
11:21 Govind : or Goa 🙂
11:21 Tejpreet : Was watching 133k weekly combo around 300 hence asked ….baki toh done for the day .
11:21 Tejpreet : 113k
11:22 Sanjib : OK Gov
11:22 Jitender : Shai..avoida Goa with us…always….but goes tere often…wonder whether its multiple houses case like Tej 🙂
11:22 Jitender : avoids*
11:22 Govind : haha
11:22 Uttam : @Tej you mean 113k combo both in the 140-150 zone for now
11:22 Tejpreet : yes uttam
11:23 Jitender : hasnt straddles lost prem ?
11:24 Tejpreet : Jit premium are still very high especially for weeklies.
11:24 Chandrashekhar : RE coming looks like
11:24 Jitender : just saw cpl of msgs
11:24 Jitender : weekly straddle has lost prem since open
11:25 Tejpreet : ok, i just checked to see poosible range in nf.
11:25 Govind : 29296 please Uttam
11:27 Uttam : Normal ‘b’ profile so far
11:31 Uttam : yes options have been losing premium since open
11:31 Uttam : hows the monthly premium Tej?
11:32 Tejpreet : Monthly itm are ok
11:32 Tejpreet : tracking same 113k combo
11:32 Uttam : 1000 points?
11:33 Tejpreet : no just 550
11:33 Tejpreet : buy that and sell weekly ?
11:33 Sanjib : Sold the 11500 Straddle (Monthly) for 520 today morning
11:35 Uttam : cool some issue with the TP straddle it is showing 983
11:35 Uttam : combo around 500 monthly one
11:35 Uttam : 243 & 255
11:35 Tejpreet : yes
11:36 Tejpreet : weekly 300 and monthly 500.
11:38 Tejpreet : Uttam try to track this sell weekly and buy monthly 113k combo.
11:38 Uttam : ok Tej will do
11:40 Tejpreet : tks
11:44 Govind : whips started
11:45 Jitender : +1 (11:38) Tejpreet : Uttam try to track this sell weekly and buy monthly 113k combo.
11:45 Jitender : margin ho to…will wrk well
11:46 Tejpreet : Jit killing time …..any where i can get these strategy payoff charts
11:46 Tejpreet : free wala
11:47 Jitender : opstra
11:47 Sagar : means you have to sell weekly options and buy monthly options right>
11:47 Jitender : yes
11:47 Sagar : ok
11:47 Govind : Pasi’s Opstrater is very good Tej but you need to pay
11:47 Govind : Opstra is very good too, like Jit said
11:47 Govind : and free
11:47 Tejpreet : yes Sagar but do your risk mnmnt as i never manage to hold them
11:47 Jitender : used to be fee ..pasi one ?
11:48 Tejpreet : will try opstra ,tks
11:48 Govind : it is free if you took his class
11:48 Govind : fee is very nominal Jit
11:50 Govind : a doji of some 45 points in BNF
11:50 Jitender : pasi..slower version is free
11:50 Jitender : Gov ..do u have faster version ?
11:50 Favas : bnf shorts possible here?
11:50 Govind : yeah Jit, have not updated it in a while
11:50 Govind : you need something?
11:50 Jitender : do it…n dm me the files in slack wen u hv time
11:51 Govind : ok, done
11:51 Jitender : tx
11:51 Sanjib : NF has gone zzzzzz….
11:52 Uttam : had mentioned this in the room on Monday
11:52 Boppanna : SPX -50
11:52 Uttam : 10:32 Uttam : by the way BankNifty Spot below 30630-606 is very bearish
11:52 Uttam : 10:33 Uttam : 30141 / 29644 / 29196 probable targets in March if stays below that zone
11:53 Uttam : low so far 29267 and MArch is not even started 🙂
11:56 Uttam : what was that?
11:56 Boppanna : D/E/F lower lows
11:56 Uttam : 11300pe got a spike
11:56 Boppanna : BNF
11:56 Himanshu : greensin NF
11:56 Chandrashekhar : 208 was the high in that PE
11:56 Himanshu : God save NF
11:56 Uttam : 151 to 169 11300pe
11:56 Tejpreet : +1
11:57 Ankit : 11300 CE 137 to 145
11:57 Gopi : CE premium still holding
11:57 Uttam : crazy
11:57 Govind : 29393 to 29278, all out
11:57 Uttam : that 11300pe hit a high of 309
11:57 Uttam : 209*
11:57 Ankit : premiums not behaving in tandem
11:58 Uttam : before I could react back to 165
11:58 Sachin : crazy, the 11300 pe went from 140 to 207
11:58 Sachin : and froze
11:58 Uttam : yes Sachin
11:58 Ankit : yes uttam
11:58 Sachin : i booked at 170
11:58 Uttam : had placed a buy above 152 whcih got triggered
11:58 Chandrashekhar : Congrats Uttam
11:59 Uttam : RE has to come
11:59 Uttam : initiative tail at top & been below VWAP
11:59 Uttam : so easy trade set up
11:59 Gopi : big greens ?
11:59 Sachin : this is looking horrible, europe futures are down between 3 to 5%
11:59 Uttam : 0s in both
11:59 Tejpreet : Ankit you had a buy order now or holding prevoiusly in that ce.
11:59 Uttam : yes not looking good at all
11:59 Ankit : i took it at the spike
11:59 Ankit : no previously placed order
12:00 Tejpreet : +1
12:00 Ankit : thx 🙂
12:00 Ankit : i guess it was more of a fluke though 🙂
12:00 Govind : Jit, will DM now
12:01 Sachin : i have only vtrender on now, i am not even trying to trade, told wife to change pwd
12:01 Uttam : lol Sachin
12:01 Uttam : same here
12:01 Ankit : hahah
12:01 Sachin : that’s my only way to discipline myself, i am worried will lose it all in this mayhem
12:02 Govind : Sent
12:02 Uttam : 11300 OI crossover hapening
12:02 Jitender : tx
12:03 Govind : massive day for me, total 714 points in BNF. No positions now.
12:04 Sachin : wow super congrats
12:04 Uttam : congrats Gov, now go to GOa
12:04 Govind : that includes an overnight
12:04 Chandrashekhar : super Gov
12:04 Govind : Thanks guys
12:04 Uttam : now go to GOA Gov 🙂 awesome
12:05 Govind : UG, will be wary of gettin on a plane
12:06 Jitender : congrats Gov
12:06 Tejpreet : Govind +100
12:06 Boppanna : +1 Gov
12:08 Boppanna : Shai’s 232
12:08 Govind : Thaks guys
12:08 Tejpreet : Shai’s bazooka hit below 310
12:09 Sagar : 1.5 cot in prev candle it that sq off
12:12 Vishnu : shai 232f below nextt level to watch
12:17 Tejpreet : Shai also can you look at USDINR , positional.
12:20 Govind : 29071 is 3SD Jit?
12:20 Govind : for now that is?
12:21 Boppanna : Govind close ur laptop
12:21 Govind : not trading Bops, for real 🙂
12:21 Manoj : no charts HERE
12:23 Boppanna : yep Manoj no chart
12:33 Vishnu : ug next level in nf future /.
12:34 Boppanna : Vishnu A tab hypo
12:34 Uttam : test of that 11265 coming?
12:35 Uttam : dPOC & vap at 11285
12:37 Rajeshwar mutyapu : Done 11222 also
12:38 Rajeshwar mutyapu : 11640 to 11209, ijust in a day
12:38 Ankit : chalo Guys i will take a leave. Done for the day. Have an imp session to attend tom at pullman delhi 😛 see ya tom
12:38 Rajeshwar mutyapu : if we close below 11220, will bing 10940, would be a reversal point
12:38 Govind : Bye Ankit
12:39 Ankit : 🙂
12:39 Govind : have fun this weekend
12:39 Vishnu : reverse to which level rajesh
12:39 Ankit : ohh yeah… if Uttam doesnt go off to sleep this time 😛
12:39 Tejpreet : Shorted 111k put at 109 covering partly at 89 odd and 98 sl for rest.
12:39 Govind : Rajesh, your levels are based on what? OF/MP?
12:40 Rajeshwar mutyapu : Govind jee, my levels are as per EW theory
12:40 Sagar : not charts ?
12:44 Govind : Ok Rajesh, I would exercise caution in giving out tradse/levels that are outside of what is practised at Vtrender’s and by Shai, which are OF/MP. Rest is up to you.
12:45 Prakash : what is EW Rajeshwarji..?
12:45 Govind : There are plenty of ew folks here and we don’t want them to be confused
12:45 Govind : new*
12:45 Govind : Elliott Wave
12:47 Rajeshwar mutyapu : I understood the room well, but posting my levels, thinking you will also get benefitted, not to confuse u
12:47 Uttam : 11265 been taken out
12:47 Jitender : its k Rajeshwar..u r free to gv yr views a s long as u mention SL etc
12:47 Uttam : 11285-290 next
12:48 Jitender : but no calls pls…just view
12:48 Lakshay : is room ka ek hi bhagwan hai …..SHAI :
12:48 Lakshay : 🙂
12:49 Sagar : 70k cot
12:53 Jitender : Shai here ?
12:53 Sagar : guys i am confused with 30 K cot how candle is still red
12:53 Prateeek null : ug 11285 and reversed. what next?
12:54 Uttam : VWAP needs to be taken out for more upside else back to 12230
12:54 Uttam : 12265 needs to break though
12:56 Uttam : dPOC shifting lower in BNF
12:59 Uttam : 11297-11400 is the morning tail in NF
12:59 Uttam : BNF from 29500 to 29665
13:00 Uttam : you need to wait till the candle closes Sagar – (12:53) Sagar : guys i am confused with 30 K cot how candle is still red
13:01 Rajiv : Shai is the buying good enought at vwap in NF
13:02 Tejpreet : almost 350 points recovery in dow f from lows.
13:03 Uttam : 0s at top in NF 5mins Rajiv
13:03 Uttam : 24600k green stuck right at top
13:03 Uttam : lets see how this bar closes
13:03 Rajiv : I saw
13:03 Uttam : we have 0s at vwap also
13:04 Boppanna : SPX -50 to -18
13:04 Uttam : sorry the tail is from 11323-400 – (12:59) Uttam : 11297-11400 is the morning tail in NF
13:05 Tejpreet : Jit any news or Billi bounce.
13:06 Jitender : whole nation ae=t it
13:06 Jitender : at
13:06 Jitender : 🙂
13:06 Uttam : imp H period here
13:06 Jitender : spx recvrd from -54 to -15
13:07 Uttam : could be a PBH of the developing TRend Day but we need more confirmation
13:07 Ketan : +1 uttam keep those gems coming !
13:07 Uttam : BNF has a nice tail at lows
13:08 Uttam : _/\_ – (13:07) Ketan : +1 uttam keep those gems coming !
13:08 KK : we would like to face europe open at 210 or 290 ?
13:08 Jitender : 210
13:09 Jitender : 😉
13:09 Boppanna : lol
13:09 Tejpreet : lol
13:09 KK : then break 264
13:12 Jitender : done
13:12 Jitender : nw u hold it 🙂
13:12 KK : now wait till 1 24
13:13 Jitender : wat other option we traders have…apart from waitn
13:14 Rajiv : What happens if it goes above OBL now?
13:14 Rajiv : with some volume ofcourse
13:15 KK : sorry 290 looks like it.
13:17 Jitender : et tu brutus
13:18 Boppanna : 🙂 not KK Jit
13:18 Jitender : 🙂
13:19 Ketan : ha ha that was fast KK even for a trader !
13:19 Jitender : karan arjun needed
13:19 KK : lol
13:20 Tejpreet : Karan Arjun have done the dt Jjit , they are waiting for your signal .
13:20 Boppanna : buggers will hang it 265 for europe
13:20 Sachin : today nifty is moving like bank nifty
13:21 Sachin : what is bank nifty moving like then?
13:21 Jitender : Tej k
13:22 Rajesh : OBL?
13:22 Boppanna : how many here are expecting a bounce today?
13:23 Govind : I am thinking they took this up to vwap just in time to short this once Euro opens
13:23 Tejpreet : 310-330 zone bops for amove to new lows .
13:23 Uttam : 11243 break confirms tghe PBH
13:24 Jitender : ys (13:23) Tejpreet : 310-330 zone bops for amove to new lows .
13:25 Sachin : there crude is on a free fall, soon we will trade water or medicine futures
13:27 Jitender : wats puzzling ppl 2day..is why gold n silver r dwn also
13:27 Rajiv : SPX @ -19 or my data not updating?
13:27 Jitender : -34
13:27 Uttam : what time will Europe open?
13:28 Govind : may be some guy is trying to cover his stock margin call by exiting his gold hedge 🙂
13:28 Govind : in a minute Uttam
13:28 Uttam : oh ok
13:29 Govind : all down 3% right off the bat
13:29 Uttam : thanks Gov
13:29 Tejpreet : all down by 3.5 %
13:29 Govind : boom
13:29 KK : chalen
13:30 Uttam : (13:23) Uttam : 11243 break confirms tghe PBH
13:30 Uttam : 11246 so far
13:30 Uttam : reds getting stuck
13:32 KK : yup, this will mirror SPX moves
13:32 Govind : 120 point bar in BNF 🙂
13:32 Uttam : forming those late reds to get out
13:32 Uttam : COT in plus now
13:33 Uttam : 13l & 21k red booked SLs looks like
13:33 Uttam : 13k*
13:47 Govind : Guys, I gotta bounce. You all have a great weekend. And to the Delhi workshop crew am sure will be a lot of fun and learning.
13:47 Gopi : ECG movement
13:48 Jitender : fr past 2-3 days..post 2.30 we have SC…wat will happen today ?
13:49 Rajiv : JIT ye to app hi batao ge
13:50 Jitender : 🙂
13:53 KK : one bounce before the fall to banta hai
13:54 KK : Europe has pulled back, once they stop and go back, we should revisit our lows
13:56 Tejpreet : Monthly close today anf feb from a range bound month has turned into a 1000 pointer.
13:56 Manoj : where do you guys check european mkts
13:56 Tejpreet : investing.com
13:57 KK : tradingview
13:57 Manoj : ok thought you guys had bbg
14:01 Sagar : charts gonn again ?
14:02 Jitender : 385-270 done
14:02 Jitender : Karan came
14:02 Jitender : waitn fr Arjun 🙂
14:03 Prateeek null : what’s with this Karan Arjun. elaborate pls
14:03 Jitender : Uttam’s indicators 🙂
14:03 Jitender : very deadly like #69
14:04 Prateeek null : Arjun would be trend / counter trend, ug?
14:04 Chandrashekhar : Uttam is not here looks like…
14:04 Jitender : just kiddin Prateek
14:04 Jitender : tey r just conversation points
14:05 Sagar : is it directed towards me 🙂
14:05 Prateeek null : ok bro. sometimes it gets difficult due to not getting the point. hence asked bro
14:05 Jitender : np
14:06 Vishnu : current has big cot –
14:06 KK : this is too early to go below 210..so does this mean, back to 278 ?
14:10 Uttam : PBH got confrimed and we are roight here testing that 11220
14:10 Jitender : 268-226 nf KK
14:11 Jitender : 1st nf trade
14:11 Jitender : Arjun also delievered
14:11 Uttam : 11200pe scratched from 128 to 133.8
14:11 Tejpreet : +1 jit
14:11 KK : I booked at 239
14:11 Jitender : +1 UG
14:11 Jitender : done fr the day
14:11 Jitender : good day
14:11 Uttam : -1.6L COT
14:11 Tejpreet : 89 to 103 on that 111k pe , low risk small sl.
14:11 Uttam : 0s at 11260
14:12 Uttam : but that tail still holding
14:12 Uttam : BNF too
14:13 Uttam : Shai did message saying that 11210 low looks good in NF
14:14 Vishnu : means have to cover the shorts there or else
14:14 Uttam : new lows coming if 11220 is taken out
14:14 Vishnu : ?
14:14 Uttam : trail Vishnu
14:14 Uttam : and keep booking profit
14:14 Vishnu : good
14:14 Vishnu : am doing that only ug i plays with monthly pe and all too costly
14:15 Uttam : less swipes there but so easier to manage
14:16 Uttam : boom boom
14:17 Uttam : never ignore this – (14:11) Uttam : -1.6L COT
14:17 Uttam : 11240 ref now in NF
14:17 Jitender : 210 nf 🙂
14:17 Uttam : new lows coming
14:17 Uttam : 11185?
14:18 Chandrashekhar : 11168 Uttam?
14:18 Rajiv : JIT 45 points discount. More downside?
14:18 Rajeshwar mutyapu : 10940, for sure now
14:19 Jitender : watch spx Rajiv…from -15 to -52..caused the fall’
14:19 Jitender : didnt cross vwap so short was on
14:19 Rajiv : YUP
14:19 Uttam : did mention that H period was imp
14:20 Uttam : once we broke below that lows test of lows was always on
14:20 Uttam : no need of SPX confirmation for that 😉
14:20 Jitender : tat positional put bought yday is at 689..had posted at morn wen it was 490
14:20 Uttam : super Jit
14:20 Uttam : triple khambaa party tom 😉
14:21 Jitender : small quant tere man..just 400
14:21 Jitender : so a patiala mayb
14:21 Jitender : 😉
14:21 Tejpreet : +1 jit
14:21 Uttam : bhagwan hum bhi jyada nahi peete 😉
14:21 Uttam : party for us I meant
14:21 Jitender : aap ko to pila pila kar nihal karenge dill main
14:21 Uttam : akele bahut party karli aapne
14:21 Jitender : ab aap hamari haveli par aa rahe ho
14:22 Uttam : BNF can do 29070 & 29005
14:22 Uttam : getting there – (14:17) Uttam : 11185?
14:23 Uttam : 70k green in NF
14:23 Uttam : finally getting to see some positive COT
14:23 Jitender : booked 716
14:23 Uttam : congo Jit
14:23 Jitender : tx UG & Tej
14:24 Vishnu : prior to that we have -2.98 l cot ug
14:24 Vishnu : they will take us to 11150 levels
14:30 Bhavani : NF trading about 50 points discount..!!!!
14:31 Bhavani : SC starts..
14:33 Uttam : if 2:45 does not give an ext handle, good chance of playing the 45degree rule in both to 11278 & 29370
14:34 Uttam : 11240 imp level in between though
14:35 Uttam : 29290 in BNF
14:37 Jitender : weekend fear factor to set in (13:48) Jitender : fr past 2-3 days..post 2.30 we have SC…wat will happen today ?
14:38 Jitender : only q is more liquidation or not ?
14:40 Jitender : Karan Arjun’s mother to come….?
14:42 Jitender : freeze in tcs ?
14:42 Rajiv : KA mom coming as saviour?
14:42 Uttam : 2:45 coming
14:49 Uttam : selling climax coming?
14:49 Uttam : 11185 here
14:50 Uttam : with a 60k green
14:51 Rajiv : UG pink band below the o’s means
14:51 Uttam : seller imbakance
14:52 Jitender : wakao…kya bola DL (14:37) Jitender : weekend fear factor to set in (13:48) Jitender : fr past 2-3 days..post 2.30 we have SC…wat will happen today ?(14:38) Jitender : only q is more liquidation or not ?
14:52 Jitender : bc
14:53 Himanshu : have th elongs liquidated Jit or buyers strike agian here
14:53 Jitender : liquidation
14:53 Jitender : one more wave can cum
14:53 Jitender : 29k
14:54 Uttam : (14:42) Uttam : 2:45 coming(14:49) Uttam : selling climax coming?
14:54 Uttam : 11130
14:55 Uttam : 11155-150 imp ref in NF
14:55 Uttam : 11130 is 2 ib
14:55 Uttam : Initiative selling at open & Trend Day we are getting inspite of the huge gap dow
14:56 Uttam : (14:22) Uttam : BNF can do 29070 & 29005
14:56 Uttam : 29052 so far
14:57 Uttam : vix continues to rise
14:57 Tejpreet : all in sync now 🙂
14:58 Tejpreet : Poat seminar Moday open below 11k spot .
14:58 Uttam : Done – (14:54) Uttam : 11130
14:59 Uttam : to the dot
14:59 Ketan : superb uttam !
14:59 Ketan : vishnu ! awesome !
14:59 Tejpreet : +1 uttam
14:59 Uttam : that H period was key KEtan 🙂
15:00 Ketan : yup and k didnt go above j your 11240 was the key ., i followed it to the T
15:00 Uttam : super
15:00 Jitender : 29006 (14:53) Jitender : one more wave can cum(14:53) Jitender : 29k
15:00 Uttam : congrats
15:00 Jitender : isko kehte hain tardn
15:00 Srinivas : +1 so Hammer has lot of weightage towards the closing ?
15:00 Ketan : thanks uttam !
15:00 Uttam : (14:22) Uttam : BNF can do 29070 & 29005
15:00 Uttam : 29000 low in BNF
15:00 Ketan : thanks jit ! if that was for uttam and I ! just kidding !
15:01 Jitender : from 1.30..made fantastic returns 🙂
15:01 Ketan : +1 jit too
15:01 Uttam : BNF played this well – e) Below 29575, levels to watch would be 29460-448 / 29370 / 29296-288* / 29230-200 / 29136-070 & 29011-005
15:01 Jitender : so who cares
15:02 Uttam : today’s VWAP will be the important reference all of March now
15:02 Srinivas : congrats all.. looks like an excellent day for everyone.. happy weeekend 🙂
15:02 Uttam : starting the new sereis with a Trend Day
15:04 Uttam : 11120 goes can fall further to 11092-090
15:04 Uttam : BNF below 29k next level to watch is 28940-935
15:05 Uttam : 28985 is 2ib by the way
15:05 Jitender : will it do tat today or not ?
15:05 Uttam : time to hai Jit
15:05 Jitender : y or n
15:05 Jitender : 🙂
15:05 Uttam : y
15:05 Jitender : +1
15:06 Uttam : some algo buying at 29k?
15:06 Jitender : no…sum one cvrn….
15:07 Ketan : chalo guys ! good day ! thanks for all the inputs ! see you all in Delhi ! best regards !
15:07 Uttam : arre wah Ketan you also coming to Delhi 🙂
15:07 Uttam : nice
15:08 Tejpreet : Trump should be back to his tweets tonight post recovery from jet lag 🙂
15:08 Gopi : any plans in south uttam?
15:08 Gopi : workshop
15:08 Ketan : oh yes uttam ! it will be a good refresher ! plus looking forward to meet the guys !
15:08 Uttam : BNF finally breaks that 29k
15:08 Uttam : both complete 2 IB
15:08 Jitender : +1
15:09 Uttam : not having a C side extension helped today ?
15:09 Uttam : yesterday that C side stalled the move down & ed to short covering
15:11 Srinivas : Uttam, you should publish a book on all these MP Bro tips
15:11 Srinivas : I am blown away 😉
15:12 Uttam : we have an entire library here Srinivas 🙂
15:12 Uttam : stay here & all of us will keep rising togehter
15:12 Srinivas : Lot of advanced learning for me on MP here… cannot be absorbed by reading books
15:13 Ketan : +1 uttam on todays C side., market couldnt cross the C high ., inspite of coming close during several TPos
15:13 Uttam : yes Ketan & that C side low did not break yesterday holding all the shorts yesterday
15:13 Tejpreet : last trade monthly 112k ce from 219 odd to 231.
15:13 Tejpreet : jit score
15:13 Jitender : 970 n bounced (15:04) Uttam : BNF below 29k next level to watch is 28940-935
15:13 Uttam : _/\_ Tej
15:13 Jitender : +1 tej
15:14 Jitender : will WA Tej…
15:14 Jitender : good score
15:14 Uttam : yes Jit 🙁 did not tag that 28940
15:14 Ketan : +super jit
15:14 Ketan : congrats tej
15:14 Srinivas : +1 Tej
15:14 Tejpreet : +1 Jit
15:14 Jitender : 29k-29087-2095
15:14 Jitender : 29095
15:14 Tejpreet : tks srinivas
15:15 Ketan : wow jit
15:15 KK : Jit . Maruti showing Promise
15:15 Uttam : 0s at lows in that 5min bar signals end of auction
15:16 KK : triggered that scanner
15:17 Jitender : KK….Uttam can tell tell better
15:18 Uttam : not seen that chart this week, will check it over the weekend & for the MArch series
15:19 Himanshu : LIC on holiday today
15:19 Himanshu : seems does not want to throw money – may be at 10700 will come
15:19 Uttam : Jit ne manaa kar diya unko, he was short na 😉
15:20 Himanshu : Haha
15:20 Himanshu : Jit’s pos is bearish Belt hold
15:21 Tejpreet : when is that sbi ipo date
15:21 Uttam : 8th?
15:22 Uttam : sorry 8th is a sunday
15:22 Jitender : gv me 4-5 months in a year like Jan end week n feb Tej in a year……
15:22 Jitender : life wud be pleasant
15:22 Uttam : you will buy 2 more yatches Jit ;-p
15:23 Jitender : plan to buy just 69 😉
15:23 Tejpreet : jit that is why we work like bonded labour all throught the years …for days like this…they are rare but we know how to milk them.
15:23 Uttam : +1 Tej _/\_
15:23 Jitender : yup…waited till 1.30 to strike
15:23 Uttam : waiting for your session on Sunday Jit & looking forward to it very very excitedly
15:24 Jitender : lookn fwd to meetn u man…more than anythn
15:24 Jitender : and clinking glasses
15:24 Uttam : oh yes 🙂
15:24 Uttam : Tej would be missing
15:24 Tejpreet : Jit and Uttam do click lot’s of pictures so that we have faces to thename here.
15:25 Uttam : what happens in Delhi will remain there so you need to come Tej ;-p
15:25 Uttam : ek charter flight karke aa jao 😉
15:25 Tejpreet : Best wishes to Shai and teachers….and those attending make the most of it !!
15:26 Uttam : thanks Tej 🙂
15:26 Jitender : +1
15:26 Ketan : thanks Tej !
15:26 Tejpreet : Uttam would surely have come if possible.
15:26 Ketan : +uttam ., looking forward to trading psychology lecture ! by jit !
15:26 Uttam : yep +1 there is always the next time so will wait for it – (15:26) Tejpreet : Uttam would surely have come if possible.
15:27 Tejpreet : +1
15:28 Chandrashekhar : Thanks all Bye now
15:28 Chandrashekhar : have a great weekend full of learning
15:28 Tejpreet : Bye All.
15:28 Uttam : thanks All 🙂 have a wonderful weekend