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 (Nov F)
NF (Dec F)
BNF (Nov F)
BNF (Dec F)
09:36 Shai : (09:36) Shai : Intra – Keep a BNF Long open above 26504 Sl of 26420 tgt 26610/ 26690 cmp 26475 Buy abv
09:51 Shai : (09:45) Shai : don\’t buy the BNF yet- still no demand seen
(09:45) Shai : need greens above 25500
10:06 Shai : (10:06) Shai : BNF make exits in the long view at cost here
10:22 Shai : (10:22) Shai : Buy 10700 pe at 31 sl of 23 tgt 50.
10:42 Shai : (08:53) Vtrender Live: DEC F charts – https://join.me/486-767-081
(08:53) Vtrender Live: 30 min charts- https://global.gotomeeting.com/join/150695093
13:34 Shai : (13:33) Shai : Close the 10700 put position here at cmp. Keep the spread open if in
08:53 Vtrender Live : DEC F charts – https://join.me/486-767-081
08:53 Vtrender Live : 30 min charts- https://global.gotomeeting.com/join/150695093
09:02 Ravi : GM to all
09:02 Shubro : Hi GM Ravi and everyone
09:03 Nirav : Good Morning Guys
09:04 Shai : GM all
09:04 Vijay : GM All
09:04 Santhanam : GM All
09:08 Vinay : good morjing all
09:08 Jitender : Gm Folks 🙂
09:08 Amit : Good Morning All, Today is my first day, very exited to work with pros.
09:08 Vinay : newbie question: is there a way to scroll back and read the chat on a day say when i join around 2 pm as there seems to be very interesting observations live and yesterdayi was able to login only at 2:30 and could not scroll back behind a couple of hours in this chat
09:09 Vinay : wel come Amit..am new here myself…day three officially..but actually second day here
09:09 Jitender : wc Amit
09:09 Jitender : Vinay..unfortunately Omnovia doesnt allow tat
09:10 Jitender : EOD chat is posted along with evening reports at vtrender.com
09:11 Amit : thx jitender
09:11 TP : GM All.
09:12 Uttam : Good Morning All 🙂
09:13 Uttam : welcome Amit & welcome back Vinay 🙂
09:13 Kathir : GM Shai all
09:14 Uttam : NF opens above the 1atr frm yesterday’s FA & tags that vpoc of 10722
09:15 Uttam : 10713 is last week’s hvn
09:16 Uttam : BNF looking to tag the 1atr of 26528 from yesterday’s FA of 26240
09:16 Vinay : thanks jitendar for the info…
09:16 Vinay : thanks uttam for the welcome
09:16 Uttam : OAOR looks like in both
09:22 Uttam : 10750 in NF is prev week’s VAH level to watch above 10722
09:23 Vijay : BN is supply is more than demand in 5 min CHRT?
09:25 Uttam : yes you have that 47k red on 30mins also in BNF
09:28 Dr Prajwal : signs of ORR
09:28 Dr Prajwal : ??
09:29 Uttam : volumes too low Dr.
09:29 Uttam : can be if vols go higher & we get inside pday value
09:29 Uttam : for now negotiating at pdh
09:30 Uttam : and looks like supply is being absorbed here
09:32 Shai : oaor- (09:28) Dr Prajwal: signs of ORR
09:33 Dr Prajwal : yes shai
09:33 Shai : BNF can bounce
09:33 Shai : stays above 26440 for now
09:33 Uttam : +1 Shai
09:33 Vijay : BNF 30 M OF Chart the diff of 71 30 , can this cause for bounce?
09:35 Vinay : A newbie question: loooking at the order flow 30 mins chart and the oast 4 bars now the last 3 bars the highest vaue(forgot the term in webniar – essentially the blue boxes) have very slowly moved up which means kind of weak but initiative buying or more of responsive selling as its at the top and now in this current bar it was well in the middle and now kind of moving upwardfs indicating the same?
09:35 Vinay : am i totally lost or making some sense..anyone that is free and am not intruding with their trades please guide..thank you very much
09:36 Shai : Intra – Keep a BNF Long open above 26504 Sl of 26420 tgt 26610/ 26690 cmp 26475 Buy abv
09:36 Vinay : all this is in the NF 30 min order flow chart..thrid one in the top when i scroll from here
09:37 Ashish null : uttam, please post link for 30 minute and option charts on slack
09:38 Uttam : posted by Shai already Ashish
09:38 Ashish null : thanks uttam
09:39 Uttam : @Vinay we are in expiry week so we need to take the OF numbers with a bit more caution as we will have rollovers happening
09:39 Jitender : rumblings again in nbfc space
09:39 Jitender : with Lodha builders $ bonds going dwn
09:41 Vinay : all totally forgot about that uttam…i read it here and you told me too..but just looking at it from this chart perspective am i reading that single chart atleast right standalone?
09:42 Uttam : BNF new highs
09:43 Uttam : 15k red in BNF at new highs
09:44 Uttam : but that morning red will now be under pressure
09:45 Uttam : 42 point range in BNF so far
09:45 Shai : don’t buy the BNF yet- still no demand seen
09:45 Shai : need greens above 25500
09:46 Shai : 265004
09:46 Uttam : that morning red needs to be squeezed out
09:46 Vinay : Shai: Does the optionjs indicate something happening, like you mentioned last time around?
09:47 Shai : nothing big yet there
09:50 Boppanna : BNF in ?
09:50 Shai : no. will send an alert when am in
09:52 Boppanna : ok sorry missed that earlier alert..
09:56 Shai : greens
09:56 Shai : Buy the BNF
09:56 Uttam : (09:16) Uttam : BNF looking to tag the 1atr of 26528 from yesterday’s FA of 26240…almost done
10:01 Jitender : 475-460 morn bnf byrs
10:02 Uttam : that 8700 red at vwap could get stcuk
10:06 Shai : BNF make exits in the long view at cost here
10:06 Shai : let’s wait at 10420 for a buy if it comes
10:06 Shai : not shoing conviction here
10:08 Boppanna : 26420
10:14 MJ : Small ib range in both.
10:15 MJ : 3ib is in?
10:15 Uttam : BNF tags 26528 🙂
10:16 Uttam : pink band in 26500ce
10:16 Sunder : whats a pink band i am a newbie
10:17 Uttam : pink band if stays till that bar gets complete indicates seller imbalance
10:17 Sunder : ok
10:18 Uttam : 1L seller in NF in both Nov & Dec?
10:19 Shai : demand is just missing here
10:19 Shai : don’t want to be long in this place
10:19 Shai : sellers get ammo below vwap only
10:19 Shai : yes that seller in NOV
10:19 Shai : also
10:22 Uttam : BNF has a C peiod extension in such a narrow range OAOR day
10:22 Shai : Buy 10700 pe at 31 sl of 23 tgt 50.
10:22 MJ : Aye aye!
10:23 MJ : Thanks chief!
10:24 Boppanna : Uttams 1 ATR target also done in BNF so looks like a dip coming
10:24 Shai : just no demand there
10:24 Shai : It’s visbel and shouts through the OF chart
10:26 Uttam : that morning stuck seller in BNF getting an exit?
10:27 Uttam : NF into the morning singles
10:27 Uttam : wil lget weak if sustains below 10710
10:28 Uttam : BNF needs to get below pdf of 26470 & sustain
10:28 Uttam : for a tag to yPOC of 26415
10:31 Shai : Part of the homeword from today was to see sellers show up above 10725
10:31 Shai : They have
10:31 Shai : Now just to see how good a job they do
10:34 Uttam : (10:28) Uttam : BNF needs to get below pdf of 26470 & sustain…BNF low in this dip so far 26475
10:35 Uttam : 26475 is the same place where we had that 71k red in the morning
10:37 Shubro : Uttam pdf is?
10:37 Uttam : sorry that is pdh
10:37 Uttam : prev day high
10:37 Shubro : ah ok thanks!
10:39 Shai : soe one took 6 points in that 10700 pe at 36
10:40 Shai : but still the big one at 744 stays
10:41 Ravi : @Shai can i have link for option charts please
10:42 Uttam : joinme link given at the start Ravi
10:42 Ravi : No @Uttam its 30min NF chart showing
10:42 Uttam : on left its NF & right its that PE
10:43 Shai : @Ravi we are tarcking the rollovers till tom
10:43 Shai : back to a full option screen from fri
10:43 Uttam : 26470 gone in BNF
10:43 Ravi : ok @shai Tq
10:44 Uttam : now lets confirm that FA at top 😉
10:44 MJ : c period FA. best hai.
10:45 Shai : yes
10:45 Shai : Yesterday also BNF extended C but held tlll 11.10 am
10:46 Shai : NF drop to 10680 to watch
10:51 Ravi : How to confirm @Uttam (10:44) Uttam : now lets confirm that FA at top 😉
10:51 MJ : @Sundar @Vinay @Amit Welcome to the room. Nice observations already.
10:51 Boppanna : But Shai yestrday some Vtrender guys where holding on for the 3IB setup to play out in BNF till 11:10 as well
10:51 Boppanna : 🙂
10:52 Uttam : @Ravi take BNF below IBL
10:52 MJ : Next time another new room member comes, and if he asks a question that you would have asked here. Try to answer it. It will just make your concepts stronger.
10:56 Vijay : 265k call OI is highest with changes of 245K
10:57 Uttam : poor lows in BNF
10:57 Uttam : 26450 & 26455 now
10:58 Uttam : that 8k red at lows stalled the down move looks like?
10:58 Boppanna : +1 Uttam
11:02 Vinay : Thanks for your kind words MJ
11:03 Vinay : can you please comment on the same when you have afew moments free
11:03 Uttam : BNf getting greens now
11:03 Uttam : above vwap with good greens which oculd be shorts covering
11:03 Uttam : same with NF
11:04 Uttam : poor highs in NF & poor lows in BNF which will be repaired first 🙂
11:05 MJ : Sure Vinay. Also keep a word doc open or any means of journaling that you like to note down imp points.
11:06 Jitender : park book at 502 (10:01) Jitender : 475-460 morn bnf byrs
11:07 MJ : +1 J
11:07 MJ : similar trade.
11:07 Uttam : (10:58) Uttam : that 8k red at lows stalled the down move looks like?…that stuck fellow gives 50 points
11:07 Jitender : +1 M & Uttam
11:08 Uttam : congrats Jit
11:08 Vinay : can someone please tell me what that box in blue in OF charts where max voul is traded in that frame called..PoC sorry iforgot ..just been two days 🙂
11:09 Jitender : tx Uttam
11:09 Boppanna : slow day in BNF till now anyting around than 30 pts is nice to book
11:09 Uttam : +1 Vinay
11:10 MJ : Be good 16k green in bnf.
11:10 Uttam : yes Bopps similar range we had last week also before expiry day
11:12 TP : Shai looking at narrow range in BN your views on 265k combo at 218.
11:14 MJ : Good one Vinay.
11:16 Vinay : Newbie observation: i understand that it is rollover and so might not be correct. But just looking at todays 30 min OF last five 30 mins OF the initiative buyers are fatuging as the POC is going down and the responsive sellers are not yer initiative sellers. is that how I would understand and at say the current bar . (just before this one opened)
11:17 Shai : NIFTY X18-NSF Signal Action Alarm! 10711.55 at 10:45:41 Heatseeker- Responsive Buying may emerge
11:17 Shai : NIFTY X18-NSF Signal Action Alarm! 10722.30 at 11:16:24 Heatseeker – Watch for Responsive selling
11:17 Shai : Bot is also saying scalp away 🙂
11:17 Boppanna : 🙂
11:19 Shai : Neut exteme and creating value over so SAR below 26420 only . PLR upwards though buyers are doing a very poor job – (11:12) TP : Shai looking at narrow range in BN your views on 265k combo at 218.
11:19 Azmath : Thank you Shai… awesme bot
11:19 Vinay : Shai is my observations correct. If every 30 min TF is a read and green then would that be a responsive selling each time or initiative selling continuing..all this is in NF
11:19 Pradeep : Shai: Are we then still holding the PE (10:22) Shai : Buy 10700 pe at 31 sl of 23 tgt 50.
11:19 TP : tks chief .
11:20 Shai : @Vinay – that is the micro pic . But remmber the markets are a continuation process and some of this inventory is from many days old
11:20 Shai : esp in last 2 days have to be careful as OF shows inventory and rolls upto a month old
11:20 Shai : so look at context and the bigger pic also
11:21 Shai : yes Praddep . some booking at 34/ 36 but there are dip buyers also
11:21 Pradeep : ok
11:22 Vinay : Shai if I were to understand. This OF is in this 30 mins time frame but its vols tradered at that price for say last 10-15-20-n sessions. Is that what you mean or have i completely misunderstood you
11:23 Shai : No total auction
11:23 Shai : LIke yesterday there were big buyers at 10588
11:24 MJ : 10777
11:24 MJ : dedo koi.
11:24 Vinay : still dont get it Shai
11:25 Shai : watch previous days OrderFlow also
11:25 Shai : don’t just start from today
11:25 Shai : context most important for a view
11:26 Vinay : aah okay got it now. reread your comments. So this is approx 30 days of numbers rolling into the current time…so 30 days of vol at price points being rolled into every time frame
11:27 Vinay : did i understand you correctly shai..so essentially when say a 30 min price-vol meets a 7 day or 10 day price then memory kind of kicks in
11:32 Sumit : 8560 green looking stuck in BNF ?
11:33 Uttam : it could be that 8600 stuck guy at 26455
11:33 Boppanna : eagle eyes
11:34 Uttam : _/\_
11:35 Uttam : POC on 30mins in both NF & BNF has been all over the place today so far
11:37 Uttam : dPOC in NF right here thanks to that 1.7L green & 1.1L red
11:37 Uttam : morning also had good vols here
11:38 Vinay : Sumit/Uttam does that mean some who went short earlier is likely the buyer at that price to cover shorts
11:38 Uttam : BNF that 8k green now gives vwap tag
11:39 Boppanna : Yes Vinay could be a stuck buyer /or a cover order no way of way being certain
11:39 Boppanna : *way of knowing for certain
11:40 Uttam : yes either ways they are what Shai calls traders who have been caught upside down
11:41 Uttam : similar set up on volumes & on days we have had a drive up these can be new initiative buyers so as Shai said context is important when watching OF
11:42 Vinay : Bopanna thanks..but since that green response is waiting from a red earlier..i thought a short and then covering indicated the red first and then the green. what does a stuck buyer mean. wouldnt that just be a buyer say for example who wants to enter there or is averaging up etc.
11:43 Vinay : sorry if there are dumb questions or observations and thanks a lot bopanna and uttam for taking time to answer during perhaps a very busy time where you might be trading
11:43 Uttam : stuck player is one who entered the trade too late, it could be a seller at lows as tat 8k red today at 26455 or a buyer at top whci hwas that 8k green at 26520 now
11:44 Uttam : they are called stcuk as they do not get any follow through in their trade after they enter
11:44 MJ : 98k green here and green in dec too.
11:44 MJ : Shabaash.
11:44 Boppanna : RK you there? would like to hear ur expiry view in BNF
11:44 Uttam : Shai not holding any contest this time to predict BNF expiry 😉
11:45 MJ : Shai one contest for VT men. 🙂
11:45 MJ : 10724 is my expiry number.
11:45 Vinay : uttam..isnt it likely that we might yet now know if there might or might not be follow through buying if that 8560 is bought or do you have data that indicates there might not be further buying from earlier
11:48 Himanshu : 5 lakh guy …
11:48 Uttam : Mihir booking the expiry level here 😉
11:48 Shai : biog vol guy
11:48 Uttam : in advance
11:48 MJ : Aagaya Shai
11:48 Uttam : not there in Dec
11:48 Uttam : comes
11:48 Shai : he is in dec also
11:49 Uttam : 403 red
11:49 Himanshu : 4 lakh in ec
11:49 Uttam : 319 green
11:49 Shai : things just got interesting for dec
11:49 Uttam : 🙂
11:50 Uttam : we have had a balanced month in Nov Shai so lets get some trending move
11:50 Shai : 🙂 – (11:45) MJ : Shai one contest for VT men. 🙂
11:50 Shai : So happy to see him 🙂 – (11:48) Shai : big vol guy
11:50 Uttam : Mihir gives his expiry level then calls his 5L guy to make sure he wins 😉
11:51 Himanshu : shai 5 lakh a buy side rollover?
11:52 MJ : Shai You know how much I love him.
11:52 MJ : He gives me series direction.
11:52 MJ : That bugger is the market mover since july.
11:52 MJ : Uttam 🙂
11:52 MJ : I got flowers for him.
11:52 Jitender : Uttam..we have 5lac red in Nov & 3.2 lac green in Dec ?
11:53 Uttam : no Jit Dec has in total around 5L green & 4L red
11:54 Jitender : tx
11:54 Shai : Don’t go by bid ask for such qty
11:54 Shai : It’s a mediated number
11:55 Shai : managed before cos of the size by the intermediatory
11:55 Uttam : so that 4L red needs to be made a note of Shai?
11:55 Uttam : 10765 in Dec NF is where we had those vols
11:56 Uttam : NF repairs poor highs
11:56 Uttam : green band here
11:56 Himanshu : stops hitting?
11:56 MJ : Uttam 10777 giving aaj?
11:57 MJ : 90k is nov short.
11:57 Uttam : 10760 is a vpoc higher
11:57 MJ : no rolls there.
11:58 Sumit : 57900 late buyer in NF ?
12:00 Shai : Convert the 10700 naked buy to a put sread by selling a 10650 PE at 14.5 against it. Target still 50 . Hold till tom
12:01 Shai : Only for positionals
12:02 Shai : that 14.5 looks like free money
12:02 Shai : at 10650 put strike
12:02 Shai : should go to 0
12:03 Jitender : any chance tat 4lac guy made a top till expiry 🙂
12:04 Uttam : dont think so Jit
12:04 MJ : Jit we had roughly 6 to 8 L longs on oct expiry.
12:04 MJ : Wait let me pull that number.
12:04 Jitender : k guys
12:05 MJ : 12L longs in nov we had.
12:05 MJ : 6 is booked so far.
12:05 Jitender : cool
12:05 MJ : 240 his entry to 728 his exit.
12:06 MJ : Another 500 pointer that bugger gets.
12:06 Jitender : u mean he wudnt have exited summ at first touch of 10775
12:07 MJ : Nope he had not.
12:07 MJ : I track him like a stalker.
12:07 Jitender : 🙂 k
12:07 MJ : He is coming together on wed. in Aug he came on tues/wed.
12:07 MJ : This guy is the guy who draws the chart.
12:11 Gaurav : Mihir, i have been using afilter of +/-150 points with that series to series player, like i went long this month at about 10400 when volume came at 10220, last month i went short around 10900 when that vol came at 11080, works like a chime
12:13 Jitender : grt trades Gaurav
12:13 Uttam : yep +100 Gaurav
12:14 MJ : +1 Gaurav.
12:14 Shai : I’m biased for 10300 now in dec – (12:03) Jitender : any chance tat 4lac guy made a top till expiry 🙂
12:14 MJ : Was holding positional ce in other account with this biggie. Just very few numbers as an experiment.
12:14 Jitender : +1 chief
12:14 MJ : He comes with +- 150 filter or more.
12:15 MJ : He rolled at 10240 and we had a FA at 10111 o n that urjit patel drama day.
12:15 Shai : yes last time he manged a 150 point downdrift
12:15 Shai : 10188 to 10050
12:16 MJ : Yep oct values.
12:16 Uttam : (11:55) Uttam : 10765 in Dec NF is where we had those vols so roughly that weekly vpoc of 10915 will be the filter on up here Shai?
12:16 MJ : OF is the mystery board game. Everything is here.
12:17 MJ : Chief he is not rolled over completly yet. I feel.
12:17 MJ : More algo prints can be seen?
12:18 MJ : Gaurav. One question. Do you play entire series with that pos then?
12:18 Uttam : NF shifting the poor highs to higher level
12:19 Uttam : while BNF locks itself up in a 40point range
12:20 Uttam : NF boom
12:20 MJ : woh nahi rukti kisi ke lie Uttam.
12:21 Uttam : (09:22) Uttam : 10750 in NF is prev week’s VAH level to watch above 10722
12:22 Uttam : 38k red in BNF at new highs
12:22 Boppanna : BNF 38k red
12:23 Uttam : another 1L red in NF here
12:24 MJ : Fresh red. No roll this guy is.
12:24 Uttam : your 12L guy seems to be taking some profit home & reducting inventory
12:25 MJ : Yes Uttam. He is also cautious for Dec.
12:30 MJ : Uttam also just 50% is booked yet na.
12:33 Vinay : MJ,Uttam,Gaurav : Newbie interpretation : does that mean this SM person waiting either to short at a higher level or reenter at a lower level and that this rollover level feel risk;reward is not worth it or sizing it accordungly. Also if he managed a 150pt DD does it mean he has a much higher r:r expectation which seems like around 400-600 pts from what you have all mentioned and hence the upside remaining no mo more than that perhaps
12:34 Gaurav : till now yes, entire series, only done for last two months now, fortunaely OCT was too rewrading
12:35 Gaurav : @Vinay less, getting 750 pts in oct made it comffortable for me to hold the long with a deep stop loss, though NF didn’t get much down after crossing 10400 this series
12:36 MJ : Vinay: Someone booked at 10188 in Oct and added longs upto 12L @ 10240 in december. Now He booked half of his longs at 10725ish in november. In december Order Flow we see 4L reds and another 3L greens. So we are just trying to read his mind. What is he trying to do.
12:36 Shubro : Gaurav hi newbie here…so does that mean when you see a rollover volume coming in say at x price you start buying at x + 150 as filter?
12:36 MJ : Shubro can be x+ or X-
12:36 MJ : We’ve seen he demolished in Sept from 11025 10950 levels.
12:38 Shubro : So MJ he sold more during the sept series rollover then?
12:38 MJ : He was rolling in sept. continued in oct and SAR in Nov.
12:38 MJ : You are seeing what happened in the market.
12:38 Shubro : whats SAR?
12:38 MJ : Stop and reverse.
12:38 Shubro : yes yes observing and now learning
12:38 Shubro : :_)
12:39 Shubro : Thanks MJ great learning much appreciated
12:40 MJ : Welcome.
12:40 MJ : @Gaurav. Thanks. If you can find something out of the rollover games. Do update when you pick a position.
12:41 Shubro : Yes please Gaurav. Would be good to understand rationale
12:41 Vinay : MJ sorry i dont think i understood you correctly. You meant he was demolished in sept as he was long at 11025 and SAR at 10950 and again Reverse at 10240 and notw exiting 50% . Did i read it correctly
12:42 MJ : Vinay. I’d recommend come to rollovers a bit later. 🙂 Day one might be a lot of information to get adapted to.
12:42 MJ : He demolished Longs in sept.
12:42 MJ : He was the supplier in sept and oct. demand creator in nov. We are trying to find what will he do in Dec.
12:43 Shubro : so MJ from your earlier observation he has exited his Nov Long positions and has only rolled over 50% in Dec?
12:43 Vinay : MJ 🙂 day 3 actually..but been observing the markets for about two decades now with activity 99-01 and just in 06 when i invested and went to sleep and woke up in 2018
12:44 Shubro : at approx 10725?
12:44 Shubro : haha Vinay super congrats
12:45 Shubro : Rip van winkle saw his kids all grown up and wealthy
12:45 Gaurav : going by the same logic if we do not see another biggie over this and next week or say the other biggie also enters around same levels as of today, for december series would be going long at 10950/11000+ or short at 10700/10650-, with a 200 pt stop
12:45 MJ : Nice Vinay.
12:46 Vinay : shubro not in my case. 80% went to zero of my 06 investment two/three (mhpasis/ttk prestige)/indusind) delivered insane returns to put me at 2.3x in 12 years.not great but not bad
12:46 Shubro : well still decent…not losing money very important to me
12:47 MJ : Give me some swipe. Anybody? Somebody?
12:49 Vinay : Shubro as my day job involves teaching and handling risk for people, i tend to be too risk averse or risk taking. I am quite convex by nature
12:49 Shubro : Very good to have your here Vinay lets talk more
12:50 Shubro : I just joined a few weeks ago and very hooked lovely folks here
12:50 Ravi : #Me too
12:51 Shubro : Cant wait to meet everyone in person at next conference etc
12:51 Vinay : shubro lets create a room called newbies in slack and chat there
12:51 MJ : Shubro next time someone asks SAR in room. What will you do? 🙂
12:51 Shubro : Stop and pour them a beer
12:51 MJ : That is after the market.
12:51 Shubro : 😛
12:51 MJ : :))
12:51 Shubro : Exactly MJ completely agree
12:52 Vinay : my day job involves handling very high risk asset class in private markets..so i need a mind shift to do this totally
12:52 Shubro : I meant I will be able to answer…but giving myself a few more weeks to finally get comfortable
12:53 MJ : Shai has a lovely vision of trading together in a room. Let us all work to enable it and grow together.
12:53 Shubro : Vinay sure we can have a newbies section but so much material from RK, JIT etc already on their posts reading them takes time
12:54 Uttam : NF making a bell & BNF seems to have got a long nose here at 26500
12:54 Shubro : SOme of the stuff have seen need to sleep on it for a while and also follow the historical context and analysis very carefully on forum
12:55 Ashish null : long nose:)
12:55 MJ : Lets touch the nose Ashish.
12:55 Uttam : prominent POC which has all the TPOs & today very narrow range so that nose will keep getting hit
12:56 MJ : Thank you guys! (12:47) MJ : Give me some swipe. Anybody? Somebody?
12:56 Uttam : NF poor high repaired so now looks like BNF wanting to repair its poor lows
12:56 MJ : Kardo Uttam. Go ahead. I am following you.
12:56 Boppanna : morning MB traversal in BNF
12:56 Jitender : gives 50 :)..tx BoP (12:22) Boppanna : BNF 38k red
12:57 Ashish null : one swipe at 420 uttam
12:57 MJ : +1 J and Bopp.
12:57 MJ : half out 487
12:58 MJ : No demand here still.
12:58 MJ : All out.
12:59 MJ : Reason is just because DT is done.
12:59 MJ : Self note.
13:00 Uttam : that 10727 where that high vol took place giving sup for now in NF
13:01 Uttam : big reds in this dip to vwap though in NF
13:01 MJ : No greens in dec too.
13:02 Kathir : Jit today plling in MP ?
13:02 Kathir : polling
13:04 Jitender : ys K
13:04 Uttam : (12:56) Uttam : NF poor high repaired so now looks like BNF wanting to repair its poor lows….BNF adds another TPO there
13:04 Uttam : 25458 low this time in BNF so far
13:04 Kathir : ok jit
13:05 Vinay : TPO
13:05 Shubro : Uttam still poor lows in BNF no?
13:05 Uttam : ‘H’ period symbol at lows
13:05 Uttam : yes Shubro
13:05 Uttam : in fact it has bcome poorer 😉
13:05 Shubro : ok. can I infer that this is turning into strong support then?
13:06 Shubro : Yes Uttam poorer. haha!
13:06 Uttam : no buyers there
13:06 Uttam : its only the sellers who get late get stuck & stall the move
13:06 Uttam : eventually should give way I feel & now we have that 40k guy at top
13:08 Shubro : Uttam where are you seeing the 40K guy?
13:08 MJ : He came at 540ish
13:08 Shubro : ah ok earlier right
13:08 Kathir : see vix
13:08 MJ : 30 min bnf 60k reds.
13:09 Kathir : 5 % jump
13:09 Shubro : gotcha noted thanks MJ
13:10 Shubro : Uttam/MJ so if a guy comes in e.g. the 60K chap and he’s shorted, he going to try his best to keep it down till it hits target? so higher prob of going lower?
13:10 Shubro : Reasoning accurate?
13:11 MJ : +1 vinay.
13:11 Shai : 60 k is relative
13:11 MJ : Yes vinay.
13:11 Shai : sometimes the market is more liquid sometimes not
13:11 MJ : it looks 60k in 30 min but actually it was 36k single order in 5 min.
13:12 MJ : If you want to really resonate with what market is trying to do. Just observe price at any important reference levels of mp.
13:13 MJ : See how we reversed in bnf from dval and from vwap in nf.
13:13 MJ : Use these observations all the time.
13:17 Praneeth : Top is made for the day?profile looks like needs filling downside
13:19 Shai : 10705 needs to break
13:19 Shai : the reamining 30 is easy
13:19 Praneeth : ok
13:20 MJ : Yes Shai.
13:23 Uttam : BNF low in this dip 26460
13:24 Uttam : tagged that wide POC of today & getting resisted there
13:25 Shai : 410
13:25 Uttam : boom BNF
13:25 Uttam : 50 k green
13:25 Uttam : poor lows repaired too
13:25 Shai : yes
13:26 Uttam : (13:06) Uttam : its only the sellers who get late get stuck & stall the move(13:06) Uttam : eventually should give way I feel & now we have that 40k guy at top
13:26 MJ : and 50k at bottom.
13:26 MJ : 🙂
13:27 MJ : rotation is the game.
13:27 Uttam : can get back to 26500 here
13:27 Uttam : I period making lower lows so setting up trend for the afternoon?
13:28 Ravi : instead of BNF we should follow u @ Uttam that will be good to me no confusion..
13:29 Uttam : lol Ravi I only put up what I see in the charts here
13:29 Ravi : i think BNF also waiting for ur remarks it seems
13:30 MJ : Uttam apart from that 49k no fresh greens here.
13:30 Shai : that guys is a booking order
13:30 Vinay : does that 26260 odd levels last thursday and then fall to 26144 and then in a flash to 26000 have any meaning for tomorrow. The wednesday was just like this but at the 263000 levels iirc and when Shai mentioned about that huge put buying
13:30 Shai : at 49k
13:31 MJ : +1 shai.
13:31 Shai : he sold the position from 26540 to these new sellers
13:31 Uttam : yes Shai that seller at top covering?
13:31 MJ : can do yvwap?
13:31 Shai : back to 26520
13:32 MJ : Ok bossman.
13:33 Shai : Close the 10700 put position here at cmp. Keep the spread open if in
13:35 Ravi : @Uttam missed ur msg
13:35 Uttam : (13:27) Uttam : can get back to 26500 here…resisting that at MB low of 26480 first time
13:35 Ravi : Tq
13:42 Shubro : Guys when are the MP elections results to be declared?
13:42 Uttam : 11th
13:42 Shubro : ok thx Uttam
13:43 Shubro : BJP losing anyone?
13:44 Uttam : they lost Ananth Kumar last week 😉
13:44 Shubro : haha yes
13:45 Shubro : Man Uttam this poor low of yours just bleeds away
13:45 Uttam : no longer a poor low but a probable FA yet again in BNF
13:45 Shubro : Uttam failed FA would mean price gets rejected here to the upside right?
13:46 Uttam : if we have a FA at lows then we can expect a move to the upside
13:46 Shubro : ok got you. clearing my basics thanks!
13:47 Dr Prajwal : hdfc bank also not ready to relent..
13:47 Dr Prajwal : 5% upmove in a wedk
13:48 Uttam : dPOC can shift a little lower in BNF to 26480 here
13:53 Shai : one more down to 705 now
13:53 Shai : 26k is the new seller
13:53 Shai : 732
13:56 MJ : Shai can you press beast mode on in bnf?
13:57 Shai : rollover day today
13:57 Shai : they want a quiet market
13:57 MJ : Okay bossman.
13:57 MJ : Gotcha.
13:57 MJ : Under the hood kaam chalu ahe.
13:58 Shubro : MJ you should write a novel on this with a sinister spin
13:58 Shubro : which is more fact than fiction anyways
13:58 MJ : RK will do that. I am a baby here.
13:58 Shubro : hehe
13:58 Shubro : RK any observations for today SIr?
14:02 MJ : more 36k
14:02 MJ : green.
14:02 Shubro : wah solid defense line there BNF
14:08 Jitender : 435 needs to b crossed fr any upmove in bnf
14:08 Jitender : yday defense line of bnf
14:09 MJ : working jit.
14:09 Uttam : BNF taking sup at yPOC & prev week high of 6410
14:09 Uttam : 26410
14:10 Sumit : BNF for 520?
14:10 MJ : 2L not a roll.
14:10 Uttam : another dip below it can get 26360 in BNF
14:11 Gaurav : roll
14:11 Gaurav : there in december
14:11 MJ : Yes 213
14:11 MJ : there
14:11 MJ : Thanks Gaurav.
14:12 MJ : Yes uttam staying below 409 can get (13:31) MJ : can do yvwap?
14:14 Vinay : how does one understand the action in 26500Pe now
14:14 Shai : 10705
14:14 Shai : (13:53) Shai : one more down to 705 now
14:14 Jitender : +1
14:15 Shai : 720 is another roll
14:17 Praneeth : bnf almost 2Ib done
14:19 Praneeth : looks like days low done
14:22 MJ : Shai vwap close bnf?
14:22 MJ : or too early.
14:23 Shai : dpoc is prominent
14:23 Shai : more chances of dpoc close
14:23 MJ : Gracias that is +20 to vwap.
14:28 Praneeth : shia, perfect balance in NF above composite is good for bulls?
14:29 Praneeth : *shai
14:32 Jitender : 26.5pe 155-104 🙂
14:32 Boppanna : Big green at dpoc BNF
14:33 Praneeth : +1 Jit
14:33 Sumit : i think buyer stuck in BNF
14:33 Jitender : was a inventry adj move
14:33 MJ : +1 jJ
14:34 MJ : J*
14:34 Shai : yes- (14:33) Sumit : i think buyer stuck in BNF
14:35 Shai : neutral- (14:28) Praneeth : shia, perfect balance in NF above composite is good for bulls?
14:35 Shai : tom we will have a better moving day as all rollovers seem to be in today
14:36 Vinay : Jit 26,5k pe
14:36 Vinay : wild moves
14:37 Jitender : ys
14:37 Uttam : BNF back to that 26500
14:37 Jitender : 26.4pe 82-59 …i love expiries
14:38 Uttam : prominent POCs attract price back to it
14:38 MJ : Done done done !
14:38 MJ : yvwap se vwap tak ka safar mubaraak ho
14:38 Jitender : Shai proposed & mkt obliged 🙂 (14:23) Shai : dpoc is prominent(14:23) Shai : more chances of dpoc close
14:39 MJ : Neutral extreemeeee?
14:39 Shai : 556 BNF
14:39 MJ : Thanks shai.
14:39 Shai : nice build of greens
14:41 KK : \/
14:41 Uttam : 29k green just below vwap in BNF
14:46 Shai : 456 Sl for BNF
14:47 MJ : Jit was doing same trade but in ce 🙂
14:47 MJ : and fut
14:47 RK : nontrend day before event..nice 🙂
14:47 Uttam : all guns blaxing tom RK 😉 ?
14:48 Uttam : blazing*
14:48 MJ : Rk Expiry obj?
14:48 RK : Uttam seems a eventful day tmw..better to fold all guns when biggies do things and play safe
14:49 RK : accept/reject profile of today is trend as of now simple hypo..then they wont make life easier..lets see
14:49 Uttam : lol anticlimax RK but yes +1 better to play safe & make out what the biggies are upto then can get the flow for the entre month
14:50 RK : Mihir no doubt bullish as of now..BNF made entire value above composite P here
14:51 MJ : Thanks Rk.
14:51 MJ : Uttam 38 mins for 10777
14:52 MJ : Kardo please now.
14:53 KK : ]
14:54 KK : /l”:LK”:KL”:L
14:54 KK : “:L
14:54 KK : “<:"<:K
14:55 Shai : BNF out
14:55 Kathir : is that any coding KK
14:56 Kathir : Shai will roll overs have effect on Intent what we see in chart ?
15:03 Shai : yes
15:03 Shai : This move of today is held by writers
15:03 Uttam : (13:48) Uttam : dPOC can shift a little lower in BNF to 26480 here…dpoc in BNF at 26470
15:04 Uttam : so most likely close there Shai?
15:04 Uttam : 26510 ledge in BNF RK?
15:05 Kathir : discount i widened in both
15:05 RK : yes
15:05 Uttam : thanks RK
15:08 Shai : yes Uttam
15:09 Shai : tom 10700 pe again to watch at 28-30
15:09 Shai : all that writing of today is 28 plus
15:09 Shai : buggers need a shake
15:09 Uttam : so we can have some writers to get under pressure tom?
15:10 Shai : I'm nibbling into a 10600 PE dec at 140 here. Plan to buy if it shows 125- 115 also
15:10 Kathir : TY shai
15:13 Praneeth : yesbank 12% down
15:14 Praneeth : shai, bnf dpoc close possible?
15:15 Uttam : yes Praneeth moslty close arnd 26470
15:16 Shai : yes BNF also neutral again
15:16 Praneeth : thnaks shai, uttam
15:17 Uttam : we also have a FA at 26548 in BNF today if close is below 26450
15:21 Kathir : well below uttam
15:21 Uttam : 🙂
15:21 Uttam : Neutral EXtreme BNF going for
15:21 Uttam : RK this move could be a whip coming end of day & against trend?
15:22 RK : no Uttam
15:22 RK : Bulls failed miserably imo
15:22 Jitender : polling Uttam..mkt not bettn
15:22 Jitender : bookn
15:22 Jitender : n expiry abv 500 looks iffy now
15:22 Jitender : bck into balance
15:22 Uttam : island reversal in BNF then?
15:22 RK : didnt use the gap well and losing at close in a higher value profile
15:22 RK : just 2 days pf profiles to call that
15:23 Uttam : if 2630 goes tom BNF could fall badly on expiry day RK?
15:23 Uttam : 26330
15:23 RK : its already weak wth this close
15:24 Sumit : yes- (14:33) Sumit : i think buyer stuck in BNF
15:24 Kathir : 10700 ce breaks low
15:24 RK : negation for weakness at 26480 now
15:25 Uttam : (15:22) Jitender : bookn…yes Jit +1 those green & red lines convergin now in BNF
15:29 Kathir : uttam whats targets for your FA bnf ?
15:29 Jitender : bye all
15:29 Uttam : 26267 1atr
15:29 Dileep : bye
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Kathir : ty uttam
15:29 Sumit : Bye all
15:29 Uttam : thanks All 🙂 lets have a super expiry tom
15:29 Kathir : thanks and bye all
15:29 Uttam : have a lovely evening
09:58 TP : Shai views on INFY, id.
10:28 MJ : Shai ID views for Tamo.
10:37 Shai : infy obj abv 646 is getting done at 656
10:37 Shai : dips to 648 are still buys
10:38 Shai : 176 a supp for tamo
10:38 Shai : if 1179 is crossed again can clear shorts to 185 plus
10:38 TP : tks chief objective done in Infy 🙂
10:45 MJ : Thanks chief. Was short based on heatseeker.
10:46 MJ : took couple of points and will wait for other half to come till sup.
12:23 Harsha : is 10700 pe exit ?
12:47 Shai : No still a hold
12:47 Sumit : what about DHFL ?
12:53 Rushabh : shai view on L&TFH
13:55 Shai : dhfl gone weak below 233 again
13:55 Shai : minor supp at 200 but can test 190 again
13:56 Shai : LTFH may look at 158 again
13:56 Shai : move still developing
13:56 Shai : avoid if ot comes below 132 again
14:45 Gaurav : Shai can I buy STAR and AUROPHARMA december?
14:57 Shai : auro too well balanced here at 790
14:58 Shai : is a wait mode . Can buy above 800 as a failure or a aslip below 770 can invite 740 and lower
14:59 Shai : star wait near 428 and review there
14:59 Shai : 428 should come