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
BNF
Room Chat
08:52 Vtrender Live : (08:51) Vtrender Live: options link – https://join.me/283-724-551
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11:00 Shai : Buy BNF 31275- sl of 31210 tgt 31365/ 31400
12:10 Shai : (12:10) Shai : Intra – Buy 11900 ce at 52- 53 sl of 37 tgt 75
12:14 Shai : BNF 31307. Book half here and ride some at cost
12:39 Shai : (12:39) Shai : Boopk out the BNF trade 31310
13:02 Shai : (13:02) Shai : Exit the 11900 ce at cost here 53-54
14:22 Shai : (14:22) Shai : short BNF 31315- sl of 31410 tgt 31186/ 31126
14:23 Shai : (14:23) Shai : short near 31315
14:29 Shai : (14:29) Shai : ignore the BNF sell order for now. we won;t take it
08:51 Vtrender Live : options link – https://join.me/283-724-551
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08:53 Amit : gm
08:55 Shai : GM all
08:57 Shai : https://vtrender.in/market-profile-analysis-dated-27th-june/
08:58 Sujeet : gm
08:59 Sujeet : july COT was 6.5 lkh minus ystrday.. shorts rolled over ?
09:05 Bhupinder : Good Morning
09:06 Uttam : Good Morning All 🙂
09:06 Uttam : most of yesterdays COT was in the region of 11942-11951
09:06 Uttam : couple of 2L reds & one 1.3L red there
09:07 Uttam : no wonder we had that big inventory adjustment move down
09:07 Uttam : 11915 is the rollover point for Jul so immediate reference for today on the upside
09:10 TP : GM All.
09:11 Kiran : good morning sir
09:11 Uttam : hey Tej been missing in action?
09:11 TP : Yes Uttam but now full time back to scalp mode !
09:12 Uttam : super…always good to have you full time here 😉
09:12 TP : tks.
09:14 Thanika : GM all, in office today.. so not on always in room
09:15 MJ : Good morning all.
09:15 MJ : TP 🙂 good to have you around.
09:15 Govind : BNF premium!!
09:17 TP : Tks MJ , glad to be back.
09:17 Govind : Hi Tej, welcome back
09:17 TP : tks
09:20 Shai : 11916/ 31410 ref lines for open
09:24 Sujeet : morning less volme today ?
09:25 Uttam : morning seller exactly at that 11915 level
09:25 Uttam : and that seller still in control
09:28 Shibu null : spot is holding
09:28 Amjad : gm all
09:30 Himanshu : some support at PDL
09:31 Himanshu : good morning all
09:31 MJ : 47k greens.
09:33 Himanshu : Buy here ,,
09:35 Shai : was just morning cot covering
09:35 Shai : buys have to manage vwap
09:39 Uttam : Spot has not tagged yesterday’s POC
09:40 Anubhav null : good entry here in nf for longs
09:40 MJ : Okay shai.
09:40 Anubhav null : ?
09:42 Vijai null : Nf and Ibull shrt covered. DT done
09:44 TP : Shai can you give vix levels to watch out for into the budget .
09:47 Uttam : greens at vwap
09:47 Uttam : late shorts being forced to cover looks like
09:49 Uttam : day before weak longs were bring removed and today looks like it is the weak shorts which are being squeezed out
09:49 Uttam : being*
09:52 Anubhav null : yes uttam
09:53 Anubhav null : fii also bough index futures yest
09:53 Anubhav null : now its a budget play
09:55 Himanshu : Ban(k) Nifty is now showing promise
09:56 Anubhav null : above poc it will go boom
09:59 Anubhav null : nice
10:00 Uttam : 11500 COT at VWAP in BNF
10:00 Uttam : initiative buying in NF also looks like at vwap now
10:00 Shibu null : how much rollover happened??
10:02 Thanika : sustained buying in N50, to lift it up, after the morning dip.. is this to sell into.. or real buying interest?!
10:03 Thanika : BN10 is in a hurry to make it positive bull power..
10:06 Shai : Vix 14- 18 band unlikely to break below 13
10:06 MJ : Shai do you have july data for USDINR?
10:07 Rushabh : uttam yests cot is negative?
10:09 Uttam : yes Rushabh you can see it on the 30min OF chart
10:09 Uttam : -6.45L
10:09 Uttam : (09:06) Uttam : most of yesterdays COT was in the region of 11942-11951(09:06) Uttam : couple of 2L reds & one 1.3L red there
10:10 TP : Tks chief for the vix bands.
10:12 Rushabh : but they were rolls of shorts right or ?
10:14 TP : U ttam you giving me OAIR and narrow IB on my return 🙁
10:15 Uttam : lol Tej
10:15 Uttam : Market was in imbalance so balancing here
10:16 Uttam : probably leaving a new swing low on daily before that budget rally hits the objective(s)
10:16 TP : yes looks like everyone waiting for that rally.
10:17 Dhaval null : in nifty MP chart is there AB poor low?
10:18 Uttam : if fact both NF & BNF had confirmed weekly FAs at 11710 & 30680 (Jul) and have tagged the 1atr obj of 11962 & 31511
10:19 Uttam : BNF made high to the dot yesterday
10:19 Uttam : Jun the obj was 11918 & 31411
10:19 Uttam : both narrowly missed
10:20 Uttam : Nf narrowly missed sorry
10:20 Uttam : BNF gave more 😉
10:28 Anubhav null : c wants to go down?
10:34 Uttam : (10:17) Dhaval null: in nifty MP chart is there AB poor low? they are not at the same level na? B is slightly higher than A
10:34 Uttam : yesterday highs in NF are poor highs HI, short form for high too 😉
10:39 Dhaval null : ok
10:40 Shai : The better market profile expression is to look for secure lows and highs
10:40 Shai : don’t waste time with porr highs and lows
10:41 Shai : poor*
10:41 Uttam : +1
10:41 Shai : once you see a secure high/ low trading possibility goes uo to 90%
10:41 Shai : poor highs- lows are still 50- 50
10:41 Uttam : secure low or highs indicate auction probe in that direction is moslty done
10:42 Shai : yes
10:42 Shai : General Q- how to find secure highs and lows in the OF charts?
10:45 Uttam : looks like all are in weekend mode 😉
10:46 Shai : Me too 🙂
10:46 Govind : I’ll be honest, don’t know Shai.
10:46 Shai : slow pace
10:46 Uttam : lol Shai
10:46 TP : I just came back from weekend mode 🙂
10:46 Shai : set of 0’s at highs or lows – more the better- (10:46) Govind : I’ll be honest, don’t know Shai.
10:46 Uttam : wow Tej from the weekend mode into another weekend 😉 majanich life
10:46 TP : The 0’s in 5min OF can point
10:47 Shubro : Shai: zeros on demand and supply at top or bottom Shai
10:47 Shubro : o shucks u said it first allright boss
10:47 TP : oops chief already gave the answer
10:47 Govind : Thanks Shai
10:48 Shubro : Shai on 30 min chart – does the same principle apply?
10:48 Himanshu : late on this Chief – Uattam
10:48 Himanshu : Uttam ( Pardon)
10:48 Shai : +1 TP/ Shubro
10:48 Himanshu : Secured highs are
10:49 Shai : yes applies everywhere
10:49 Uttam : 30mn chart look at the MP chart for tail at highs or lows of the day
10:49 Himanshu : where more than one TPO is done or may be auction probe is over / is it
10:49 Uttam : looks like BNF also wants to make a new swing low on daily
10:49 Shai : There is no real advanatage to a trader in looking for poor highs and lows
10:49 Anubhav null : damn reds
10:50 HPandey : and zeros came
10:50 Shai : yeah it makes sense to all those who write books and want to run 10 hour lectures on the subject. Is a great filler
10:50 Uttam : (09:25) Uttam : morning seller exactly at that 11915 level(09:25) Uttam : and that seller still in control(09:39) Uttam : Spot has not tagged yesterday’s POC
10:50 Uttam : PLR is down since morning
10:51 Uttam : by the way BN Spot has already made lower lows today
10:51 Himanshu : Uttam – now with 11870 can we say secured low if – it rotates here and does not break
10:52 HPandey : shai that 12k in BNF is a buyer
10:52 HPandey : ?
10:55 Anubhav null : yes looks like
10:58 Shai : yes
10:58 Rushabh : shai those 0’s need to couple of them on both the sides ?
11:00 Shai : Buy BNF 31275- sl of 31210 tgt 31365/ 31400
11:00 Dhaval null : in nifty 4600 COT in 5 min bar…so it show buying at downlevel
11:00 Shai : yes Rushabh
11:01 Rushabh : got it thanks shai
11:01 Dhaval null : 46000 COT
11:02 Shai : for intra day use the RB and IB’s I have given
11:02 Shai : COT is end of day
11:03 MJ : We need more oair days.
11:03 Uttam : (10:49) Uttam : looks like BNF also wants to make a new swing low on daily
11:03 MJ : Gets shai share some amazing words that etch in mind 🙂
11:03 Uttam : BNF breaking PDL
11:04 Bhupinder : Shai, can you post July series eod COT from 21 to 27 june (5 days) for nf bnf
11:04 Shai : sure
11:04 Bhupinder : thanks
11:04 Shai : slightly neagive rollover in second half yesterday
11:05 Shai : Nt one tick abv this from open – (09:20) Shai : 11916/ 31410 ref lines for open
11:05 MJ : +100
11:05 Shai : But it is an OAIR so looking for mean reverson through the BNF
11:11 Uttam : that 12k green exited?
11:12 Sujeet : 31209 low 🙂
11:12 Rushabh : 0’s here in NF
11:12 Tina : as expected july future came to 11850 to give exact entry. now 12070 should come .
11:13 Maheshwar : sl hit should we exit
11:13 Sujeet : no
11:14 Shai : what is the rule we have for stops intra day?
11:14 Sujeet : wait fr update if it sustain below
11:14 Uttam : @Maheswar we need to sustain below the SL
11:14 Shai : NO sl in system in OAIR and between 10.30 to 1.30 pm
11:15 Shai : that 12k is sl hunting
11:17 Suren : 11:14 Shai : NO sl in system in OAIR and between 10.30 to 1.30 pm..Other time period we should place in the system Shai?
11:17 Shai : yes have to in IB – is is a faster period
11:20 TP : I buy 50% at Shai’s call and rest around the SL given , allows you a good buffer for not placing SL in system …..especially with BN as it is a beast which can be tamed only by Shai 🙂
11:21 Shai : counter trend is always dangerous
11:21 Shai : but the lack of COT negative on down move prompted the buy
11:21 Shai : me feels 31370 before 1 pm
11:22 TP : +1
11:24 Sujeet : 4th july gud call writing gng on
11:24 Sujeet : n nifty
11:24 Sujeet : 11900 specially
11:26 MJ : 3 big vol bars in last 30 min
11:30 Uttam : will E stop the OTF down since morning
11:31 Uttam : 15mins more to confirm
11:31 HPandey : 77K, 34K , 19K in NIF all buyerrs?
11:33 Shai : yes
11:33 Shai : a reset happening here
11:34 HPandey : thanks
11:34 Shai : 11840 sl for 11895
11:38 Himanshu : call in BNF active – Chief
11:38 Sujeet : vwao 31305
11:43 Shai : one more push and vwap should go
11:44 Shai : trai has to reach before 1 pm there 🙂
11:44 Shai : train*
11:44 HPandey : 🙂
11:44 Uttam : E insdie bar so lets get F above E
11:50 Himanshu : chief – BNF long callis actiive above 31275 ..
11:52 Thanika : some big buy bar in N50 now
11:58 Anubhav null : any positive news from g20 yet?
12:01 Anubhav null : monday can be a gap up or down
12:04 Sujeet : nifty weak
12:06 Uttam : repairing the poor lows
12:06 Uttam : 0s at lows in NF
12:06 Uttam : BNF also
12:06 Anubhav null : nice
12:06 Uttam : prev 5min bar
12:06 Uttam : loows down & now ready to move up looks like
12:06 Anubhav null : seller exhaust ed
12:07 Anubhav null : bnf pdl nearby
12:07 Uttam : needs to scale above VWPA now
12:07 Uttam : VWAP*
12:08 Anubhav null : nf tagged weekly poc
12:08 Anubhav null : n rallying
12:08 Anubhav null : this low will hold hopefully
12:09 Himanshu : Low for the Budget rally done in that case
12:09 Anubhav null : yes himanshu fingers crossed
12:09 Uttam : vwap coming
12:09 Anubhav null : kaafi maal lga diya
12:09 Himanshu : na bha i na
12:10 Anubhav null : bnf is leading again
12:10 Uttam : (12:08) Anubhav null: this low will hold hopefully not hope but OF showing us that these lows could well be held
12:10 MJ : Get that ext handle out of the way..
12:10 Uttam : thats a dummy ext handle MJ 😉
12:10 MJ : yeaeh
12:10 Himanshu : 31400 come babu
12:10 MJ : penny in front of roadroller.
12:10 Shai : Intra – Buy 11900 ce at 52- 53 sl of 37 tgt 75
12:11 MJ : Himanshu 31200 31400 here.
12:11 Rushabh : shai if in nf hold for 895?
12:11 Himanshu : Yes
12:11 Himanshu : Chief has given call to buy – call
12:11 Himanshu : means confirmation..
12:12 Uttam : (11:44) Uttam : E insdie bar so lets get F above E….done
12:12 MJ : 11900 pe should go below 105 and vwap.
12:14 Uttam : trifecta in NF on top of 5mins
12:14 Uttam : some shorts being taken out looks like
12:14 Shai : BNF 31307. Book half here and ride some at cost
12:14 Anubhav null : thnx uttam
12:14 Anubhav null : nice
12:14 Anubhav null : nicely done
12:15 TP : +1 for BN chief.
12:15 Anubhav null : +1
12:15 Anubhav null : lets enter beast mode go bulls
12:16 Anubhav null : 10 more.points needed in nifty
12:18 Shai : spike time
12:19 MJ : Chala chala!
12:19 Shai : dear train please reach station before 1 pm . do not delay. weekend is coming
12:20 Uttam : looks like Shai is looking to log off early today 😉
12:20 MJ : Classic eg of train stopping before pune station 🙂
12:20 MJ : Doing tp at Pune Cant.
12:20 Shai : 🙂
12:20 Thanika : yes, 🙂
12:21 Shai : Volume is right, am just waiting for time confirmation
12:21 MJ : Yes shai. 🙂
12:28 Sujeet : waiting
12:29 Shai : don’t have a choice Sujeet 🙂
12:29 Shai : 31330
12:30 Shai : cmon
12:30 Uttam : super call Shai 🙂
12:30 Sujeet : yes buildng sme moemntum
12:30 Sujeet : though nifty still need sme push
12:31 Shai : 11896 destination
12:32 Himanshu : And BNF
12:33 Himanshu : 31400 or B high
12:33 Sujeet : psu banks supportng bnf today
12:33 Sujeet : all day high
12:33 MJ : 31200 243-284
12:34 Govind : +1 MJ
12:35 Shai : was all in the COT
12:35 Shai : (11:21) Shai : but the lack of COT negative on down move prompted the buy(11:21) Shai : me feels 31370 before 1 pm
12:36 MJ : Thanks G.
12:38 Shai : https://vtrender.slack.com/archives/C0F2X2TFW/p1561705777021700
12:39 Shai : Boopk out the BNF trade 31310
12:40 Shai : will stay with the CE
12:40 Sandip : GA All
12:40 Uttam : BNF stalling at yVAL
12:40 Uttam : hey Sandip seems like busy counting expiry day monies as always 😉
12:41 Sandip : yes Uttam..was partying a bit..i rarely make 10dt…today full observation time ..no trading 🙂
12:43 Uttam : nice man congrats & you deserve the party as well as the break
12:43 Sandip : Thanks bro
12:44 Himanshu : Exited – Chief ( 31000 PE, 30500PE. 30800PE )
12:45 MJ : 11848 to 11872 last 90 mins.
12:53 Shai : 1 pm
12:54 Shai : OAIR- friday session
12:54 MJ : 30 min 26 more pts.
12:55 MJ : Motorman reads (12:53) Shai : 1 pm
12:55 Anubhav : HERE GOES
12:55 Shai : 11878- (11:34) Shai : 11840 sl for 11895
12:56 Uttam : NF finally scales above VWAP
12:56 Shai : greens here
12:56 Uttam : getting good greens here
12:56 Uttam : +1 Shai
12:58 Shai : 62k cot
12:58 Shai : push
12:59 Govind : VIX at DL
12:59 Rushabh : shai this cot if stays means the dip got good buyers? for next week
12:59 Shai : we will know at 3 pm
13:00 Shai : what we don;t know yet is whether they are intra
13:00 Rushabh : okay
13:00 Shai : hence I tell everyone leave the COT for 3 .15
13:00 Shai : daily cot
13:00 Rushabh : +1
13:01 Shai : If NSE told everyone to jsut do intra , we could have made billions here 🙂
13:01 Rushabh : lol
13:02 Shai : complexity is because of the different time frames in the market
13:02 Anubhav : nf failing at vwap
13:02 Uttam : BNF making a nice 2 day balance with a bell today
13:02 Shai : Exit the 11900 ce at cost here 53-54
13:02 Uttam : NF seems to be keen on making a 3 day balance
13:06 MJ : Shai what I’ve observed is Vol Ex with positive COT needs min 2 5 min bar following with good blue COT.
13:11 Shai : +1
13:17 Uttam : that confirms that we have buying coming in & the first vol increase was not SC?
13:20 MJ : Yes uttam.
13:20 Uttam : +1 Mihir
13:21 Uttam : @Shai monthly POC of spot coming arounf 11830?
13:21 MJ : The follow up was weak, we got that 24k upside down too.
13:21 Uttam : yep
13:22 MJ : Uttam for monthly spot pocs, you take series to series? Or 1st day of new month?
13:22 Uttam : spot will be calendar month na Mihir
13:24 MJ : Thanks.
13:25 MJ : mplite vpoc is quite low then.
13:29 Uttam : yes which is why asking Shai
13:29 Uttam : my charts have them at 1129
13:29 Uttam : 11829
13:30 Uttam : June was a balance so good chance of closing around 11830
13:30 Uttam : July as Shai already mentioned could be a trending month
13:31 Himanshu : uttam – BNF whats view we tested 31060 in SPot
13:31 Himanshu : premium is high currently will it collapse by 3
13:31 Himanshu : and we make lower low on BNF F
13:31 Uttam : no Himanshu dont see the premium coming down till budget as this could be for that only
13:32 MJ : Bnf making nice bell.
13:32 Uttam : similar to yesterday
13:33 Himanshu : chance to touch – 31400
13:34 Uttam : Shai’s 31370 can still come
13:34 MJ : VAL VAH can be fast and furious.
13:35 Thanika : Took the SL and going up 🙂
13:35 Anubhav : bulls not giving up
13:36 Anubhav : spike up close at the end maybe
13:37 Shubro : which stock is making moves in BNF? axis and SBI only today
13:37 Shubro : spike needs a lot more HDFC has to mooove
13:37 Amjad : icici axis
13:38 MJ : Hdfc needs to go above vwap shubro.
13:38 Shubro : ICICI breadth poor
13:39 Shubro : cash market futures good
13:40 Shubro : looks neutral BNF today unless…
13:43 Uttam : (13:34) Uttam : Shai’s 31370 can still come…Done
13:43 TP : FINALLY
13:44 Uttam : when the chief calls for BNF….;)
13:44 Vijai : +1(13:34) Uttam : Shai’s 31370 can still come
13:44 Uttam : Nifty Spot at 11830
13:44 Sujeet : boom
13:44 Sujeet : 31400
13:44 Uttam : (13:29) Uttam : 11829(13:30) Uttam : June was a balance so good chance of closing around 11830
13:45 Uttam : 0s galore
13:45 Himanshu : Bhai Saab- All covered earluer
13:45 Himanshu : and now BNF is blasting – no issue
13:47 MJ : 31337 31410 all out (13:34) MJ : VAL VAH can be fast and furious.
13:47 Narendra : NF 11860 – 11886 …. booked fully …. done for the day
13:47 MJ : 27k seller at dpoc.
13:47 Uttam : BN Spot can go for 31330
13:47 MJ : in bnf.
13:47 Uttam : sorry 31370
13:48 Uttam : if we get a spike at close that is
13:48 Uttam : for now both making a nice balance
13:50 Govind : BNF back to POC now?
13:50 Uttam : dPOC shifted to 31410 thanks to that 36=5k vol there
13:50 Uttam : 35k
13:51 Uttam : but yes TPO POC around 31305 can come, hvn @ 31310
13:51 Uttam : needs to get below 31355 though
13:52 Govind : +1 Uttam
13:55 MJ : Uttam 1st week of series. RO point darshan will be nice.
13:56 MJ : day* uff.
13:57 Anubhav : wts wrong with nf unable to take wvap
13:58 Himanshu : all big stocks resting –
13:58 Himanshu : after expiry –
13:59 Uttam : BNF dPOC back to 31330
13:59 Uttam : (13:51) Uttam : but yes TPO POC around 31305 can come, hvn @ 31310(13:51) Uttam : needs to get below 31355 though KISS
13:59 Govind : 🙂
13:59 Govind : Quick move Uttam
14:00 Govind : MJ, you wanted RO point…31300 RO point
14:00 Shubro : neutral C
14:00 Shubro : 🙂
14:00 Uttam : lol Govind he was talking abt NF I think
14:00 MJ : 31400 bnf is 🙂
14:00 Govind : Haha….no idea, he was not specific 🙂
14:00 MJ : North bound yes nf. 🙂
14:00 Shubro : 216 to 245 31200 PE
14:01 MJ : Aye shubro!
14:01 Uttam : BNF RO point 31300 Mihir
14:01 MJ : I am yet to have glasses. I read 31400
14:01 Shubro : i like these no nakhra OAIR days
14:01 MJ : 31310 hvn.
14:01 Uttam : lol MP chart is showing 31400 but Shai gave me RO as 31300
14:01 MJ : Oho
14:02 MJ : Now that I can’t read na?
14:02 MJ : 🙂
14:02 Govind : I got my number from Uttam’s daily report
14:02 Uttam : it is there in the report you can read it Mihir 😉
14:02 MJ : Saw the chart.
14:02 MJ : But yes no nakhra OAIR.
14:02 Himanshu : yes
14:02 MJ : With poc getting wide.
14:02 MJ : Ideal days.
14:02 Himanshu : Bhai Log – Aab kya karn hai.
14:03 Himanshu : out of all position and itch is still there
14:03 Uttam : Friday hai to party karenge aur kya 😉
14:03 MJ : Wait for acc/rej of that big 77k guy in this down move.
14:03 Govind : July is suuposed to be a kickass month for the bulls, historically
14:03 Himanshu : quick VAL ya DLO scratch pe 45 Degree ka wait
14:03 Vijai : super uttam.. BNF needs to stay above 31400 for a move higher to 31490-500 & 31580-600b) Staying below 31400, the auction can test 31320-300 & 31215
14:04 Uttam : _/\_ Vijai
14:04 MJ : Small longs again himanshu.
14:04 MJ : for me.
14:04 Himanshu : Bhai log Am from Gujarat of Sardar and Gandhi so dry area – Every friday
14:04 Govind : Good thinking Himanshu :)…14:03 Himanshu : quick VAL ya DLO scratch pe 45 Degree ka wait
14:04 Uttam : again Himanshu party does not mean only alcohol 😉
14:04 MJ : Himanshu diu jao.
14:04 Himanshu : Party Yaad dilake – Beer Yaad Dilake – Mera 250 Gm Blood mut jalao
14:04 Himanshu : Yes – After I have MTM of Lakhs like Twitter traders –
14:05 Uttam : lol but seriously Himanshu I cannot even bear the thought of not being able to have beer when I feel like 😉
14:05 Himanshu : Will go every week end – DIU- DAMAN
14:05 MJ : Holler up when you set off for Bom.
14:05 Himanshu : I stayed in Lagos – for 17 Years where
14:05 Himanshu : Star and Heniken is in toilets also
14:05 Uttam : wow…no wonder you got this punishement ;-p
14:05 Himanshu : All tunki – African can drink 12 Beers of 750 Ml
14:06 Himanshu : on one round
14:06 Uttam : tumhare hisse ke tumne quota khatm kar diya
14:06 Himanshu : And European Expats – crave for Star Beer now available in DUbai
14:06 MJ : For uttam, best of breweries are around in BLR 🙂
14:07 Himanshu : No was not -more than a bottle guy#
14:07 Himanshu : but atlest fridge was alwasy loaded and
14:07 Himanshu : infact was part of grocery purchased bt widey
14:07 Himanshu : wifey,,
14:08 Shubro : so now you are balancing Himanshu like market profile
14:08 Himanshu : HA HA
14:08 Uttam : dont think we will get any spike today
14:08 Himanshu : Sales Guys have so much compusive seating
14:08 Uttam : which is actually good also
14:08 Himanshu : and all my life had to deal with Koreans from Samsung
14:08 Uttam : lets balance & close the month with a balance
14:08 Himanshu : who can drink – till 5 Am
14:08 Uttam : then July we can all trend together
14:09 Himanshu : all of those guys without flys in Lagos
14:09 Shubro : Koreans dont come with livers Himanshu
14:09 Himanshu : Have you expericed – till Senior is out and carried in his car
14:09 Shubro : their secret is kimchi
14:09 Himanshu : all Juniors have to compusory drink
14:09 Shubro : same in japan
14:09 Himanshu : yes Sojju – White wine etc
14:09 Shubro : or china
14:10 Shubro : u dont pass out in japan not worth doing business with
14:10 Himanshu : but Man… I know of One Indian Guy among them – after 5 years he is down and out fully with health
14:10 Himanshu : and he couldnot dare – say no ..
14:10 Shubro : lol
14:10 Himanshu : YEs
14:11 Shubro : hehe…know quite well
14:11 Himanshu : Same – Yes in 2016-17 Dealt with Panasonic Dubai Team
14:11 Himanshu : They are out
14:11 Himanshu : besides – All of them want to hit night clubs after that level of alcohol –
14:12 Himanshu : Me I joined Gym following Govind
14:13 Himanshu : just 3 days – told them to train me on Fast Fingure exercise for scalping
14:13 Govind : Good Himanshu
14:13 Govind : 🙂
14:13 Anubhav : lol
14:14 Himanshu : Govind is inspiration here for Gym
14:14 Anubhav : some reds stuck at lows
14:14 MJ : He is an inspiration in learning and documenting things too.
14:14 Himanshu : I think Rinse and repeat will improve going forward
14:14 Anubhav : 1 round up coming up
14:14 MJ : @Himanshu.
14:15 Himanshu : Oh Yea MJ
14:15 Govind : MJ and Himanshu, you guys are gonna make me cry…
14:16 Himanshu : See Govind – You can give credit to your fly
14:16 Himanshu : but we have to give it to you …
14:17 Uttam : nice Govind 🙂 +1
14:17 MJ : 263 286 31200 ce (14:04) MJ : Small longs again himanshu.(14:04) MJ : for me.
14:17 Uttam : BNF longs of morning booked in that spike
14:17 Uttam : 37k red at 31408
14:17 MJ : nf 855 869
14:17 Govind : +1 MJ
14:17 Uttam : COT which was 52K now 22k
14:17 Govind : Good to know Uttam
14:18 Uttam : NF has RB though in prev bar at 11860
14:18 Himanshu : I want to go with overniht in PE – Uttam – MJ
14:18 Uttam : and of coure Mirhir got those reds stuck in it too
14:18 Govind : This is how people like me learn…14:17 Uttam : COT which was 52K now 22k
14:18 Himanshu : 31000 PE is safe – will take call at 3.15-3.30
14:18 Himanshu : looking at COT – POC etc
14:19 Govind : VIX jumpimg up HImanshu
14:19 Govind : almost at DH
14:20 Anubhav : low hi todenge lagta hai..unbale to hold at highs
14:20 Himanshu : Yes Besides – Some will be TRUMP long – Trump Short in this weekend
14:21 Himanshu : Heard one of the Hedge Fund desk has incorporated – Indicator based on his tweet
14:22 Govind : He does move the markets
14:22 Shai : short BNF 31315- sl of 31410 tgt 31186/ 31126
14:22 Uttam : 11833 coming in NF?
14:22 Shai : running away
14:22 Shai : don’t chase it
14:22 MJ : 77k buyer test cometh?
14:23 Shai : short near 31315
14:24 Shubro : lag gayee
14:24 Shai : missed it by seconds
14:24 Uttam : probable FA in BNF at hgihs today that too at imp level of 31400
14:25 MJ : Shai that biggie exited?
14:25 MJ : earlier at 850 847 levels he was.
14:25 Uttam : day COT in BNF down to 3k
14:25 Uttam : some longs forced to exit in NF too
14:26 Uttam : 11800pe OI dropping
14:26 Shai : 50 pointdrop coming BNF
14:26 Narendra : Nifty Spot needs to hold 11795 on closing basis ….. else more downside on cards …. may be 100 more points
14:27 Gaurav : FA in BNF at top
14:27 Uttam : (14:22) Uttam : 11833 coming in NF?
14:27 Gaurav : confirmed
14:27 Uttam : 11835 low in NF so far
14:27 Uttam : yes Gaurav Fa confirmed
14:27 Shubro : USDINR rising
14:29 Shai : ignore the BNF sell order for now. we won;t take it
14:29 Uttam : bell today Shai so close here itself?
14:30 Shai : possible yes
14:30 Uttam : monthly close too
14:31 Narendra : markets may be factoring in some bad news ……. europe is positive us futures are positive and we are not even making an attempt to recover (NF not even able to cross vwap and making new lows)
14:32 Anubhav : or they r just shaking out retail longs
14:32 Uttam : both giving a 3-1-3 profile for the day?
14:32 Anubhav : n will force them to buy again at top like yesterday
14:33 Anubhav : k period cud be a buyin tail uttam?
14:34 Uttam : yes Anubhav though still needs confirmation
14:34 Anubhav : 2.45 algo can take this up
14:34 Anubhav : 10 min
14:35 MJ : Uttam that 77k red looks like early morning guy? (14:03) MJ : Wait for acc/rej of that big 77k guy in this down move.
14:35 Uttam : could be Mihir, it surely looks like a stop loss order or a combo there
14:35 MJ : Yeah.
14:36 Maheshwar : wht is 3-1-3 profile uttam
14:36 MJ : he went thinking lows done for the day.
14:36 Uttam : nice balanced profile with tails at both ends @Maheswar
14:36 Amit : uttam sir what r the policies for exiting on sl
14:37 Uttam : no sir please Amit only then I will answer 😉
14:37 Amit : and same during 1st tgt hits
14:37 Amit : ok uttam bhai
14:37 Govind : 🙂
14:37 Uttam : no placing SL in the system between 10:30 to 1:30
14:38 Amit : ok
14:38 Uttam : wait for auction to sustain below SL and then exit as many time it just takes a swipe at the SL & reverses
14:38 Uttam : of course OF also gives us a clue when those levels are hit so the call gets updated here
14:39 Uttam : for first tgt if given at time of call can place 50% booking at that level no matter what time as that would be profile booking
14:39 Anubhav : 5 min left for showdown
14:39 Uttam : and once 1st tgt is booked trai; rest to cost which again place in sytem irrespective of time as that is making your trade safe
14:40 Uttam : 11800ce OI moving higher
14:40 Amit : ok thanks bro
14:40 Narendra : Big Boy Reliance is putting to much pressure on Nifty
14:40 Uttam : bears want to capture 11800 looks like
14:41 Amit : 11818 nf
14:41 Thanika : yup.. i got the whip few times.. 🙁 .. (14:38) Uttam : wait for auction to sustain below SL and then exit as many time it just takes a swipe at the SL & reverses
14:41 Govind : HDFC Ltd is also dropping
14:42 Uttam : yes Thanika we have seen that happen many times as volumes are low in that time period
14:43 Anubhav : 2 min left come on otf algos
14:44 Govind : May be deep OTM options being written ahead of the G20 weekend guys? Vix has been steadily going up
14:44 Shubro : gonna drop likely
14:44 Uttam : BNF not in sync?
14:45 Anubhav : areyy
14:45 Narendra : this fall may also have something to do with those new rules for Mutual Funds
14:45 Govind : Yeah Uttam, Kotak is going the other way
14:45 Anubhav : laal salaam
14:45 Uttam : spiek down in NF?
14:45 Uttam : BNF also falling now
14:46 Shubro : looks like cash market vols selling up
14:46 Narendra : it was bad now it is getting worst
14:46 Uttam : (14:26) Uttam : 11800pe OI dropping…this was the first hint
14:46 Narendra : +1
14:46 MJ : COT drop enmasse
14:46 Anubhav : hmmm
14:46 Govind : Yes
14:46 Shubro : cmon drop thy load bnf
14:47 Anubhav : nf red stuck
14:47 Govind : Vix is steadying
14:47 Uttam : these are all SL of longs Anubhav looks like
14:47 Uttam : BNF also has one 19k red
14:47 Anubhav : oh yes sl ka to bhool hi gaye
14:49 Govind : 12000CE and 11900 CE OI up by 1mill and 1.8 mill, respectively
14:50 Govind : out of toal OI of 2.5 and 2.65 mill
14:51 Govind : 12100 CE OI up 60%
14:52 Anubhav : sellers doing a bad job
14:53 Anubhav : taking too much time
14:54 Shubro : could be a 3:04
14:54 Anubhav : yes shub round 2
14:54 Govind : We may see another fall Shubro
14:54 Anubhav : but upar bhi ho sakta hai
14:54 Shubro : yep Govind fingers trembling…
14:55 Anubhav : 11830 is a imp ref level
14:55 Govind : Vix just shot up
14:55 Shubro : i need to do those fingy thingy’s u guys do
14:55 MJ : bnf be like, tum kitna bhi girao, mai I’ll try to bounce.
14:55 Govind : above 15
14:55 Shai : BNF for 31345 sl of 311185
14:56 MJ : Hooray!
14:58 Shubro : 45 degrees capatain?
14:59 Shai : yes
14:59 Anubhav : gr8
14:59 MJ : 🙂
14:59 Shai : POC promninent
14:59 Shubro : El Capitan
15:00 Narendra : #QuickTrade ….. 31200CE 228-254 booked fully
15:00 Shai : 31310
15:00 MJ : Elcapitan!
15:00 MJ : yes shubro!
15:00 MJ : salam shai! /\
15:00 Shai : Isnb’t Market Profile just awesome? 🙂
15:00 MJ : It is it is it is!
15:01 Shubro : i am loving it
15:01 Govind : +1
15:01 Shai : 50 gone
15:01 Shai : wtf
15:02 Thanika : N50 green spike came..
15:02 MJ : Shai have noticed 45 degree trades have vwap tag and one whip.
15:03 Narendra : exited at the right time …. fastest finger first (15:00) Narendra : #QuickTrade ….. 31200CE 228-254 booked fully
15:03 Shubro : uuuf u said it
15:03 Shubro : Narendra same same
15:03 Shai : nice
15:03 Sandy77 : What’s a 45 deg trade ?
15:03 Thanika : in the last few bars in N50, 50% recovery
15:04 Shai : come out if still in
15:04 Shai : flat now
15:04 Shai : that whip from vwap was a fast 50
15:04 Narendra : seems done for the day
15:05 Shubro : BNF is like a snake
15:05 Shubro : slippery and fassht
15:06 Thanika : can 45degree happen even after 3.05?
15:07 Shubro : any thing can happen but looks like move over
15:07 Narendra : @ Thanika …. don’t think so unless it is an expiry day or some news suddenly flashes (TV Trade)
15:08 Thanika : ok, thanks, @Naren and Shubro!
15:08 Thanika : i need a 45 degree in NF :-))
15:09 Anubhav : nf isslow today
15:09 Anubhav : no follow thru
15:11 Anubhav : someone is selling all upmoves
15:11 Narendra : we are at crucial support levels on spot nifty …… that seems to be the reason
15:11 Rushabh : shai those buyers are out arent they? nothing today
15:12 Narendra : if we break below 11780 on monday then will get follow through selling for today’s move
15:14 Narendra : on a lighter note AG was giving STBT call on a Cash Market Stock and Anuj was trying hard not to laugh at him
15:15 Shai : https://vtrender.slack.com/archives/G0GGJSPBL/p1561715053004700
15:15 Shai : The trades we took Live in the room were 60 during June series and using #marketprofile and #orderflow we maintained a 74% strike rate again in June series , to add to the 74% hit rate we had in May #Process #system , returns on the risk model we employ are 24% for the month.60 trades, 16 losses 44 wins
15:16 Narendra : Too Good
15:16 Uttam : Super Shai +100
15:16 Uttam : lets keep rocking
15:16 Shai : indeed
15:16 TP : +1 win rate of 74% is PHENOMENAL !!
15:17 Shai : awesomely proud of the process
15:17 Uttam : _/\_
15:17 Himanshu : Chief – Awesome – to learn a lot here
15:17 Thanika : +100, awesome!
15:17 Uttam : and more proud to be part of this process here Shai….
15:17 MJ : Cheers shai!
15:17 Sandip : Insane Shai +100
15:18 Shai : May also we hit at 74% but that was a trending month. This was a flattish month so 74% will take
15:18 Uttam : July again could be trending 🙂
15:18 Himanshu : Chief – +1Mn
15:19 TP : .
15:19 Uttam : @Thanika you doing your 45 degree here?
15:19 Himanshu : Chief closing above 11845 – Month End will be Positive Biased
15:19 Thanika : cash, BN10 spiking.. may be EOD stuff..
15:22 Thanika : yes, out. (15:19) Uttam : @Thanika you doing your 45 degree here?
15:23 MJ : Bye shai and everyone. Was a wonderful june.
15:23 MJ : series.
15:23 MJ : lets keep rocking in july.
15:24 Anubhav : tariff trump weekend risk …lets see
15:25 Uttam : NF checking out Jun NF low of yesterday
15:26 Uttam : this low needs to hold & I feel we could trend higher next week
15:27 Govind : Trend we shall, Uttam. Thanks guys. Havea great weekend.
15:28 Gaurav : budget next Friday
15:28 Rajiv : Shai shorts coveing here?
15:29 TP : Bye All.
15:29 Uttam : thanks All 🙂 have a lovely weekend
15:29 Shai : looks weekend
15:29 Shai : adjustments
15:29 Shai : take a fresh view from Monday
15:29 Uttam : yep
15:29 Shai : Bye all
15:29 Uttam : new month also
15:29 Rajiv : Thanks bye
15:29 Shai : Have a good weekend
15:30 Himanshu : Good week end to all Beer Lucky ..
15:30 Himanshu : Drive and Stay Safe ..
15:30 Anubhav : bye
15:30 Anubhav : enjoy