Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.
Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF
BNF
Room Chat
08:55 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/153024637
09:26 Shai : (09:25) Shai : Intra – Buy BNF 32382 sl of 32280 tgt 32500
09:36 Shai : (09:36) Shai : Exit the BNF at 32395 F here. we will buy a dip
09:48 Shai : (09:48) Shai : Intra – short NF below 12264 sl of 12284 tgt 12240/ 12210. short below
11:46 Shai : (11:45) Shai : Intra – Buy 12250 ce abc 14.5 sl of 8 tgt 28. cmp 12 buy abv**
14:21 Shai : (14:20) Shai : Intra – Buy BNF 32510 sl of 32470 tgt 32560 . 40 point sl for final push
14:26 Shai : (14:26) Shai : Put booking orders in BNF
08:54 Vishnu : good morning all
08:55 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/153024637
08:55 AmitN : Good morning all….
08:59 Shai : Gm all
08:59 Shai : https://vtrender.com/market-profile-analysis-dated-1st-january-2020/
08:59 Shai : 12256 again ref zone for this open today
09:00 Shai : biased down to 12210/ 12198 below 12156
09:00 Shai : below 12256*
09:00 Shai : longs back in the game only abv 12272F
09:00 Pritesh null : GM to all
09:01 GS : GM
09:01 GS : @uttam is there any protest in Bangalore?
09:06 Chandrashekhar : GM all
09:08 Uttam : Good Morning All 🙂
09:08 Ketan : good morn room !
09:09 Tejpreet : GM All.
09:11 Shai : 32350 ref line for the BNF today. Bulls dominate in the prices abv 32350
09:11 Shai : can do 32485/ 32557 if crossed
09:11 Uttam : not aware of any such thing GS – (09:01) GS : @uttam is there any protest in Bangalore?
09:11 Shai : lower supp again at 32110 and 32040\
09:13 Pritesh : GM All
09:13 GS : rejoining , my webinato keeps refreshing after 30 seconds and keeps repeating the chat ..hope nobody else is having this issue
09:14 Shai : webinato is fine
09:16 Govind : @GS, that usually happens when you have an unstable internet connection
09:16 Shai : The onkly prob with yesterday’s profile was the very low volume in it
09:17 Shai : was the lowest in 10 days
09:17 Shai : so we go back to tuesday as the anchor profile
09:18 GS : @gov got it
09:18 Uttam : ‘b’ shape & today above the POC so strong start for now in both
09:18 Uttam : BNf needs to get above 32382
09:19 Uttam : 12272 is a vpoc in NF
09:19 Uttam : boom boom
09:19 Chandrashekhar : +1 ..guess vol of 4.5 lac for forst 5 min alsolooks good Uttam?
09:19 Uttam : 12272-278 imp zone in NF
09:19 Chandrashekhar : 80 K greens there
09:20 GS : yep greens
09:20 Chandrashekhar : BNF has O-L
09:20 Govind : good vols in the 9:20 5 min bar in NF
09:20 Chandrashekhar : could be Open drive uttam..or need some more time to confirm?
09:20 Vishnu : shai 9.20-9.25 candle nearing 2.5 lakhs volume any open drive ?
09:21 Vishnu : did 2.5
09:21 Uttam : yes good vols but lets see if they are maintained
09:21 Uttam : 12278 needs to be taken out in NF
09:22 Uttam : yesterday’s closing minutes did give the hint that the hsorts are being forced out
09:23 Uttam : so this move could just be a continuation of that
09:23 Uttam : but we need fresh buying in this zone now
09:23 Uttam : that 85k green looking good for now
09:23 Shai : Vol is good
09:23 Uttam : 12265 & 32340 levels to hold in both
09:23 Shai : That 12272 just arrived
09:24 Uttam : vpoc 🙂
09:24 Shai : open drive has vols abv 8L genin 10 mins
09:25 Vishnu : here only 6 lakh ?
09:25 Shai : Intra – Buy BNF 32382 sl of 32280 tgt 32500
09:26 Uttam : BNF such a nice OL from yPOC
09:26 Uttam : hypo1 also right there
09:26 Uttam : (09:21) Uttam : 12278 needs to be taken out in NF
09:26 Uttam : high so far right there 12278
09:27 Jitender : bansal gvs a buy call on hdfcbnk
09:28 Shai : 12200 call lokking good for 41 plus
09:28 Chandrashekhar : +1 Shai
09:30 Shai : vol consistent now
09:30 Uttam : 44k red at top in NF
09:30 Shai : starting tio drive
09:30 Uttam : gettign into that MB
09:30 Uttam : (09:18) Uttam : ‘b’ shape & today above the POC so strong start for now in both
09:31 Chandrashekhar : gues they are yesterday’s long from close uttam?
09:31 Chandrashekhar : or is new shorts?
09:31 Sanjib null : yesterday there was huge put writing in 32000
09:32 Vishnu : bn need to go above 32410 for quick 100 point move a lot hvn here
09:35 Uttam : RS forming in NF right at that 12285 which was the level i nthe profile which has all the TPOs of Monday
09:36 Shai : Exit the BNF at 32395 F here. we will buy a dip
09:36 Jitender : +1
09:36 Jitender : 🙂 (09:27) Jitender : bansal gvs a buy call on hdfcbnk
09:37 Boppanna : +1 Jit
09:37 Shai : oh you changed your horses? 🙂
09:37 Jitender : yh
09:37 Uttam : lol
09:38 Jitender : wagah le n ban sal
09:38 Boppanna : Wagle & Bansal on Jit’s radar
09:38 Jitender : hv mentioned tem here multiple times
09:38 Jitender : 32.2ce 107-66
09:38 Jitender : bingo
09:38 Shai : +1
09:39 Uttam : 12300ce monthly from 117 to 125 booked 50%, first tgt was 132 but part booking here to make trade safe
09:39 Jitender : tx chief
09:39 Govind : Congo Jit and Uttam
09:39 Shai : Plie of reds came at 32400 when they should have been greens
09:39 Shai : showed no long committemnt
09:39 Boppanna : Nice exit Shai
09:39 Jitender : yup
09:40 Jitender : tx Gov
09:41 Shai : Volo is good today
09:42 Shai : we are 25% of the vol traded all day yesterady in 30 mins
09:42 Shai : expect all that money which stayed off for past 10 days to come in from today
09:43 Shai : could be good opportunities to trade
09:43 Shai : waiting for the NF to show it’s hand
09:43 Uttam : +1 Shai
09:44 Jitender : +1
09:44 Jitender : just remember 380/340/260-280 of yday
09:44 Jitender : fr bnf id
09:44 Shai : +1
09:45 Jitender : bnf dwn 100 after bansai attack
09:45 Uttam : (09:35) Uttam : RS forming in NF right at that 12285 which was the level i nthe profile which has all the TPOs of Monday
09:45 Uttam : OF gave a better insght then that Bansal 😉
09:46 Jitender : anyday
09:47 Jitender : but hez an indicator 2 reckon with 🙂
09:47 Jitender : mtm loves him
09:47 Uttam : 🙂
09:47 Uttam : pink band here in NF at vwap
09:47 Uttam : vwap of a drive failing so early not good
09:48 Uttam : good fight here
09:48 Uttam : 58k poc vol so far
09:48 Shai : Intra – short NF below 12264 sl of 12284 tgt 12240/ 12210. short below
09:54 Jitender : 13k green bnf at 280
09:55 Shai : icici- hdfc churning
09:57 Uttam : (09:47) Uttam : vwap of a drive failing so early not good – new lows in BNF
09:57 Uttam : OL gone
09:57 Chandrashekhar : +1
09:57 Uttam : NF showing a bit more strength
09:58 Boppanna : Imp zone for BNF this
09:58 Uttam : it all started here – (09:27) Jitender : bansal gvs a buy call on hdfcbnk
09:58 Uttam : yes below 32280 BNF gets weak
09:58 Uttam : hypo2 right there
09:58 Uttam : 14k green came there for now to stall
09:59 Uttam : NF took sup at the place it had left 0s in the morning
10:00 Uttam : 12265 zone
10:00 Boppanna : 250-280 held then shorts need to be on guard if vwap is taken ..
10:00 Boppanna : if held in BNF
10:01 Boppanna : Jit’s 9:44 chat the boundary for now
10:02 Uttam : big OI change in 32200ce
10:02 Uttam : those writers could get in to trouble?
10:03 Boppanna : 200ce/pe are the big movers for today for expiry
10:05 Vishnu : shai u have tol that if vol in 9.20-.25 candle abive 2.5 l vol an open drive can come . today its above 3 lakh . ur view on the same
10:10 Ketan : todya banknifty options in totality @32270
10:12 Jitender : u mean the pain lvl Ketan ?
10:13 Vishnu : expected good move today in eitherside ? uttam wht u think
10:13 Chandrashekhar : ‘C’ coming up..@ Uttam, whats in for us today??
10:14 Ketan : yes @jitender
10:14 Jitender : k
10:14 Ketan : its the sum total cumu. avg of all bank nifty options @2jan
10:14 Ankit : Almosr 15.5 L in NF in 1 hour
10:14 Jitender : u have a scrip fr it?
10:15 Ketan : i manaually prepare it on excel on a daily basis and on expiry even during intra day .
10:15 Jitender : +1
10:17 Vishnu : nf tough strong now any biggie entered?
10:17 Jitender : 32.pe 94-62 (09:54) Jitender : 13k green bnf at 280
10:18 Uttam : 12200ce from 33 to 36.6
10:18 Uttam : 50% out
10:18 Vishnu : again 69kat 12286
10:18 Jitender : +1 UG
10:18 Chandrashekhar : that red seems SL for shorts..right Uttam?
10:18 Chandrashekhar : 69K red for NF
10:19 Chandrashekhar : there were 0’s below it ..now got filled up
10:19 Rajiv : NF shorts hit?
10:19 Tejpreet : jit finally got even ….you sold tht 322k at 107 to me 😉
10:19 Boppanna : touche Jit…2 trades today 73-100 322KCE morning and now 50-70 based on yeserdays levels on 322kce 100 marked and 322kpe 92 mentioned yesterday
10:20 Uttam : C side ext in NF
10:20 Jitender : congo BoPs
10:20 Jitender : grt Tej +1
10:21 Chandrashekhar : for c side extn do we wait until c is done Uttam?
10:21 Vishnu : ys
10:21 Chandrashekhar : or you can tell based on the vol?
10:21 Uttam : RS at C side
10:21 Uttam : and unable to stay above IBH
10:22 Boppanna : NF B low right around Shai’s 264
10:26 Ankit : there is good buying in midcap…not onli index but stocks too
10:26 Ankit : *only
10:31 Vishnu : uttam 12286 91k sell in 30 min
10:36 Uttam : one more part of that 12200ce booking here at 40.2
10:36 Uttam : Shai did say 41 expected in it 🙂
10:36 Boppanna : Nice Uttam
10:36 Ankit : UG not expecting 12313?
10:36 Uttam : holding one last part of that CE
10:37 Uttam : 51 is next level to watch in it
10:37 Shai : 12313 poss sl below 12270
10:37 Uttam : +1 Shai
10:37 Ankit : okay
10:37 Ankit : holding
10:37 Ankit : +1
10:37 Vishnu : sl hit at top
10:37 Tejpreet : NF doing all the work , Uttam remind your hypos to BN guys;)
10:38 Uttam : yes Tej looks like BNF saving its moves for the secodn hald
10:38 Uttam : but has taken sup at hypo2
10:38 Uttam : so thats a clue
10:39 Ankit : if Nf hits 12313 then 12200 Ce can hit 50 right Shai?
10:39 Uttam : 41-42 res in it Ankit
10:39 Uttam : negotiating there now
10:39 Ankit : okay
10:40 Uttam : it takes out then 51 coming
10:40 Chandrashekhar : delta for that CE is 1..but its not acting so…
10:40 Ankit : yes.. VAL of previous days
10:40 Ankit : +1 UG
10:40 Jitender : did u guys catch tat 5k green bnf at 375
10:46 Boppanna : Jit any volume threshold u have to cactch the upside down guys in BNF for scalping?
10:47 Jitender : no …range bound n lvls
10:47 Boppanna : ok cool
10:47 Vishnu : can look above 12285 with stop below c low for 12313/1233
10:47 Vishnu : my view
10:50 Govind : D extends C in NF spot
10:56 Uttam : spot was an inside day yesterday Gov
10:57 Uttam : does help to keep that in perspective
10:57 Govind : +1 UG
11:00 Pritesh : UG, How 32200 CE & PE looks.. Can these be good buy?
11:01 Boppanna : Jit’s 5K puked here
11:01 Jitender : gt 45 bps (10:40) Jitender : did u guys catch tat 5k green bnf at 375
11:01 Uttam : both at 58 right Pritesh?
11:01 Pritesh : Yeah
11:01 Uttam : let me chekc the charts, was only watching the NP options till now
11:01 Uttam : NF*
11:02 Govind : +1 Jit/Bops, chalo back to 375 doible top 🙂
11:02 Jitender : cheers
11:03 Uttam : 48 support in both Pritesh so lets see which one break that first
11:03 Jitender : theory is k fr formng view…but tradn requires Real time info..wich yr Home work, conviction & OF gives
11:03 Uttam : +100 Jit
11:03 Ankit : +100
11:03 Jitender : so remember context n trade live
11:04 Pritesh : Thanks UG
11:04 Jitender : with disclipline n risk management
11:04 Jitender : tats yr holy grail
11:04 Jitender : gvn fr free 🙂
11:06 Tejpreet : And we love freebies +100 Jit for that real time trading quote.
11:06 Jitender : u r a rare breed Tej..tats y u r successful
11:06 Jitender : rest public doesnt understand unless tey pay fr tat info
11:07 Jitender : n frauds like Sundar etc gain
11:07 Ankit : Satyavachan
11:07 Tejpreet : _/\_ jit
11:07 Uttam : 12250ce writers can come under pressure?
11:07 Uttam : 40L now
11:07 Uttam : 10L addition today in it
11:08 Uttam : the PE OI has also been steadily going up now
11:08 Uttam : BNF needs to scale above 32380 with some intent now
11:12 Vishnu : uttam nf fa at 292 /?
11:13 Boppanna : 322KCE/PE straddle still being sold since morning
11:14 Uttam : yes Bops that is all Tej’s work looks like
11:14 Uttam : to get the combo to his level
11:15 Boppanna : whats that 92/104?
11:15 Tejpreet : have removed all bn options from screen , will add them in Uttam’s second half. only NF monthly 122k ce on radar.
11:16 Shai : ++- (11:03) Jitender : theory is k fr formng view…but tradn requires Real time info..wich yr Home work, conviction & OF gives
11:16 Shai : Clean rejection of yesterday’s action so fare in NF
11:17 Shai : spot shoulddo 12247 and after that games begin
11:17 Uttam : (11:07) Uttam : 12250ce writers can come under pressure?(11:07) Uttam : 40L now(11:07) Uttam : 10L addition today in it
11:18 Pritesh : Finger crossed Shai..
11:19 Boppanna : ok Tej. No wonder BNF taking its time to move.
11:19 Tejpreet : 😉
11:19 Uttam : 12298 coming in NF?
11:19 Uttam : 12304 is the 1.5 IB above it
11:19 Uttam : BNF still playing spoilsport
11:20 Uttam : 12200ce new high at 44.7
11:23 Vishnu : sl hita gain
11:23 Shai : ?
11:24 Vishnu : not mine 0 had at top of 39k buy
11:25 Govind : 12200CE from 37.7 to 45.4
11:25 Shai : okay
11:25 Uttam : a) NF needs to get above 12258 & sustain for a move to 12272*-278 / 12298 & 12313
11:25 Shai : contra is high risk in nNF
11:25 Uttam : 12298 is here
11:25 Shai : Abv vah, abv ibh, abv vwap
11:25 Shai : saty with rules\
11:25 Uttam : Shai an hold that 12200ce or book out fulll here?
11:25 Govind : +1 Shai
11:25 Ankit : +1 shau
11:25 Ankit : shai
11:26 Uttam : 47.5 high
11:26 Shai : 47 and 41 tgts in 12200 ce
11:26 Shai : All done
11:26 Jitender : +1
11:26 Ankit : okay then exiting
11:26 Uttam : thanks Shai then will book the last part too
11:26 Tejpreet : 12298 Uttam I am booking out full that 122 k ce at 195 odd
11:26 Govind : +1 again Shai
11:26 Boppanna : 26K at 380 BNF to decide now BNF?
11:27 Uttam : super Tej 🙂 congrats
11:27 Uttam : BNF 32384 high
11:27 Uttam : 26k green there
11:28 Tejpreet : tks Uttam +1 to youalso.
11:28 Tejpreet : Shai bn expiry zone to watch out for in 2nd half.
11:29 Uttam : BNF waking up looks like?
11:33 Jitender : nf spot 65 bps up from the spot lvl of 12175 mentioned yday as supp
11:34 Jitender : Uttam..chat not being updated in forum ?
11:34 Ankit : 12200 Ce 34 to 49
11:35 Jitender : +1
11:36 Govind : Congo Ankit
11:36 Ankit : thanks
11:37 Ankit : pichla red mtm cover kar raha hun 😛
11:38 Sanjib null : @Ankit +1
11:39 Ankit : Thanks Sanjib
11:40 Ankit : every word of what JIt wrote as freebie… is true…everytime we make a loss… go back to what he said…for sure we would have missed something
11:40 Uttam : (11:19) Uttam : 12298 coming in NF?(11:19) Uttam : 12304 is the 1.5 IB above it
11:41 Uttam : No Jit last week Shai was not there & yesterday Omnavia had some issue
11:41 Jitender : k
11:41 Uttam : last part of that 12200ce booked at 50.1
11:41 Shai : expecting big volumes here
11:42 Shai : something should happen
11:42 Vishnu : waiting shai
11:42 Shai : 12245- (11:17) Shai : spot shoulddo 12247 and after that games begin
11:42 Jitender : perfect
11:43 Vishnu : shai why 247 so imp can u say?
11:43 Uttam : (10:39) Uttam : 41-42 res in it Ankit(10:39) Uttam : negotiating there now(10:40) Uttam : it takes out then 51 coming
11:43 Uttam : 51 is the high in that 12200ce
11:44 Jitender : tis is called conviction of Shai’s system +100 (11:42) Shai : 12245- (11:17) Shai : spot shoulddo 12247 and after that games begin
11:44 Uttam : and now looking good for more
11:44 Uttam : that 12250ce OI yet to start falling
11:44 Uttam : next leg up if that happens I feel
11:45 Uttam : upto BNF now
11:45 Uttam : to make an RE
11:45 Shai : Intra – Buy 12250 ce abc 14.5 sl of 8 tgt 28. cmp 12 buy abv**
11:45 Boppanna : Ask Tej to put BN options on his watchlist
11:46 Tejpreet : Bops in next week 325k ce at 125 odd.
11:47 Chandrashekhar : BNF making RE….
11:47 Uttam : there were some signs – (11:29) Uttam : BNF waking up looks like?
11:47 Uttam : BNF boom time?
11:50 Vishnu : shai 247 imp in spot?
11:50 Uttam : first signs of that Ce OI being put under pressure
11:50 Uttam : 32440-450 coming in BNF?
11:50 Vishnu : will see 522 or 774 in bn
11:50 Vishnu : ?
11:52 Shai : 32484/557 poss
11:52 Shai : watch for conf abv 410
11:52 Shai : will also be IBH extm trade
11:53 Boppanna : can we get some 0’s here BNF
11:53 Shai : And you know SL for that setup right?
11:53 Uttam : vwap + filter
11:53 Vishnu : yes
11:53 Uttam : BNF boom boom is here
11:53 Uttam : 47k red at 32420 though
11:53 Vishnu : hvn crossed some 17k sell there
11:53 Vishnu : 47
11:54 Uttam : NF for 12332?
11:54 Ankit : yes
11:54 Shai : This- (11:50) Uttam : first signs of that Ce OI being put under pressure
11:54 Shai : typical thurs option OI moves
11:55 Uttam : below 37L will be fun in that 12250 ce OI
11:55 Uttam : right now 40.4L
11:55 Vishnu : 250 ce triggered
11:55 Shai : yes
11:55 Vishnu : good
11:56 Uttam : 38.8 L now
11:57 Uttam : 32430 so far – (11:50) Uttam : 32440-450 coming in BNF?
11:57 Uttam : weekly IBH that is
12:01 Uttam : NF high so far 12311.8 – a) NF needs to get above 12258 & sustain for a move to 12272*-278 / 12298 & 12313
12:02 GS : +1
12:02 GS : going with UG hypos +1
12:04 Govind : 12313 was that Dec 31 FA right Uttam?
12:04 Uttam : yes Gov
12:04 Govind : Thanks
12:04 GS : UG 12200CE reached 51 , what say about 65?
12:04 Uttam : shifted now to 12250ce GS
12:05 Uttam : 12200ce ka khel khatme for me for today 🙂
12:05 Tejpreet : tks Shai for bn levels.
12:05 Ankit : i am looking for 12328
12:05 Uttam : and me for 12368 ;-p #greedy
12:06 Ankit : hahah apne apne appetite ki baat hai
12:06 Ankit : 😛
12:06 Uttam : next hypo gets activated
12:06 Uttam : above 12313
12:06 Govind : Nice UG!
12:06 GS : @UG got it cool
12:06 Uttam : FA getting negated is a bullish signal
12:07 Ankit : yes
12:07 Uttam : plus that build up in 12250ce needs to give soem rum na 😉
12:07 Uttam : run*
12:07 Ankit : ofcourse! position hai usmein 😛
12:07 Tejpreet : bn move still looks dicey to me ….pb that next week ce at 139 and adding few this week 32k pe at 25 odd ….looking for 3ib upside in bn 😉
12:07 Vishnu : tej 3ib tgt /?
12:08 Uttam : boom
12:08 Tejpreet : dicey i meant time wise too early in the day
12:08 Tejpreet : on charts …somewhere around 32630.
12:08 Shai : 19.9 print on that CE
12:08 Tejpreet : +1
12:08 Uttam : booked part at 17.7 Shai
12:08 Ankit : +1
12:09 Shai : That vpoc is strong at 28
12:09 Shai : https://mplite.vtrender.com/?symbol=O_NIFTY12250CE20200102&tf=daily&tpo=1&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
12:10 Uttam : 32440 here – (11:50) Uttam : 32440-450 coming in BNF?
12:10 Vishnu : booked half at 19 shai and raised the sl to 10. is it ok?
12:11 Uttam : OI of that 12250 now down to 36.5L
12:11 Uttam : (11:44) Uttam : that 12250ce OI yet to start falling(11:44) Uttam : next leg up if that happens I feel
12:11 Tejpreet : i think Uttam start watching 123k ce now 😉
12:12 Uttam : lol
12:12 Uttam : pehle iska crossover to karwao
12:12 Sachin : my first trade after learning and seeing all comments last 20 odd sessions, bought at 14.9 and sold at 19, thanks folks. learning a lot
12:13 Uttam : super Sachin & congrats
12:13 Tejpreet : +1 Sachin
12:13 Ankit : congrats sachin! more to come
12:13 Uttam : BNF needs to get above 32455
12:14 Uttam : can give a quick move to 32550 then
12:14 Shai : Congarts – (12:12) Sachin : my first trade after learning and seeing all comments last 20 odd sessions, bought at 14.9 and sold at 19, thanks folks. learning a lot
12:14 Boppanna : Tej see what a difference ur entrty makes to BNF she was so shy till u got in 😉
12:15 Tejpreet : I think she got miffed as i removed her from watchlist 😉
12:15 Uttam : do this every expiry then Tej ;-p
12:16 Tejpreet : then tell jit to sell me ce like the one he sold to me today at 107.
12:16 Shai : see the vol in last 20 mins growing
12:16 Uttam : (11:54) Uttam : NF for 12332?
12:16 Shai : 77 to 87 to 80 to 124 to 236k
12:16 Uttam : +1 Shai
12:17 Tejpreet : NF clear trend day .
12:17 Ankit : +1
12:17 Tejpreet : +1 shai
12:17 Jitender : grt (12:16) Shai : 77 to 87 to 80 to 124 to 236k
12:17 Shai : (11:41) Shai : expecting big volumes here(11:42) Shai : something should happen
12:17 Uttam : 32454 so far – (12:13) Uttam : BNF needs to get above 32455
12:18 Tejpreet : nf 2ib done
12:18 Uttam : BNF did give a dip but nver gave a sell today & now complets hypo 1
12:18 Shai : Book some at 20.5- 11:45) Shai : Intra – Buy 12250 ce abc 14.5 sl of 8 tgt 28. cmp 12 buy abv**
12:18 Shai : hold balance at 14 cost
12:18 Uttam : a) BNF needs to sustain above 32300 for a rise to 32352-382 & 32440-455
12:19 Uttam : 12250ce OI from 41L now down to 33.6L
12:19 Uttam : (11:07) Uttam : 12250ce writers can come under pressure?(11:07) Uttam : 40L now
12:20 Boppanna : +1 Shai A+ trade
12:20 Uttam : 12250 OI crossover happening here
12:22 Vishnu : shai i booked fully at 20 as my qty is huge is wise na protecting profit
12:23 GS : 14 to 20 is also good
12:23 Uttam : can always trail some to cost Vishnu as that ensures you remain in the trend
12:23 Uttam : but yes profit booked is always good 🙂
12:23 Vishnu : already having 12.3 feb call uttam
12:24 GS : now if you get in back there will be pull back and it will create pressure
12:24 Uttam : only taking about this trade Vishnu
12:24 Uttam : each trade has a seperate plan
12:24 GS : UG +1
12:24 Uttam : plus this trade would anyways be risk free
12:25 Uttam : 8 more to go for that 12332
12:26 Sanjib null : BNF 32400 to 32440; part booked. Holding balance to cost
12:26 Uttam : congrats Sanjib 🙂
12:26 Sanjib null : Thanks Uttam
12:27 Vishnu : shai is it open drive?
12:29 Shai : Trend day
12:30 Vishnu : good
12:30 Shai : you guys know what to do 🙂
12:31 Uttam : elongated profile with multiple ext handles in NF 🙂
12:31 Uttam : BNF still in another workd though
12:32 Boppanna : Needs to sustain above Tej’s 107 for a longer time that 322KCE to move up
12:33 Jitender : 90 bps (11:33) Jitender : nf spot 65 bps up from the spot lvl of 12175 mentioned yday as supp
12:34 Chandrashekhar : 24 here for 12250 CE…
12:34 Chandrashekhar : guess it can do 31..
12:34 Chandrashekhar : Shai/Uttam any views?
12:35 GS : 28 is close
12:35 Uttam : all out in that 12250ce 🙂
12:35 Uttam : 12332 here in NF
12:35 GS : +1
12:36 Chandrashekhar : +1, Superb trade that was Shai
12:36 Uttam : if BNF does not get above 32455 we can get a early afternoon pull back
12:36 Govind : +1 Uttam
12:36 Uttam : no doubht about that Chandra +1000
12:36 Shai : _/\_- (12:36) Chandrashekhar : +1, Superb trade that was Shai
12:37 GS : greens
12:37 Ankit : fantastic!
12:37 Shai : At that vpoc now – https://mplite.vtrender.com/?symbol=O_NIFTY12250CE20200102&tf=daily&tpo=1&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
12:37 Uttam : superb Shai
12:37 Shai : 42-44 is we cross abv 29
12:37 Uttam : how the OI reacted to hit exactly this target:)
12:37 Uttam : from 41L now to 30L
12:37 Shai : +1
12:38 GS : RS reds?
12:39 Uttam : 12250 PE now at 40L
12:39 Uttam : was 11L in the morning
12:39 Pritesh : 32300 CE not moving..
12:39 Uttam : Shai’s 12247 spot changed the game
12:39 Pritesh : still at flat
12:39 Uttam : BNF is not moving Pritesh
12:40 Uttam : needs a move above 32455
12:40 Shai : yes NF doing the liftiung today
12:40 Uttam : not even done 1.5 IB still
12:40 Tejpreet : yes Uttam not even 1.5
12:40 Tejpreet : 🙂
12:40 Uttam : 🙂 Tej
12:40 Shai : RIL and LT
12:40 Uttam : wish that Bansal guy had not given a long on HDFC in the morning ;-p
12:41 Pritesh : was holding LT CE’s, got out early
12:41 Pritesh : aayega BNF ka bhi turn aayega
12:41 Uttam : probable Trend Day mein taang adaa diys us Bansal ne
12:42 GS : euphoria
12:42 GS : buyer trapping
12:43 Pritesh : Any clue why the BNF CE’s are quoting so low. ?
12:43 Uttam : spot at 32287
12:43 Pritesh : And PE’s as well..
12:44 Pritesh : shit…
12:45 Uttam : (12:36) Uttam : if BNF does not get above 32455 we can get a early afternoon pull back
12:45 Tejpreet : bn timing was off 😉
12:47 Chandrashekhar : longs booking out here?
12:48 Ankit : inventory adjustment?
12:57 Shai : 12306 and vwap supp
12:57 Shai : getting tricky as it has come off vpoc
12:59 Shai : 12327 cross needed
12:59 Uttam : @Tej now looking at that 12300ce 😉
12:59 Shai : And quick
13:02 Vishnu : to remove weal buyers i think that dip did
13:02 Uttam : Shai good chance of Spot giving new all time hgihs today?
13:02 Uttam : 12345 Gov 🙂
13:02 Ankit : 12345 is also a FA
13:03 Ankit : negating it would be like magic
13:04 Pritesh : You must be looking at 123K CE UG 🙂
13:06 Shai : Add new positions abv 12327 only
13:06 Uttam : Spot 12345 Ankit
13:06 Shai : better abv 12333
13:06 Ankit : okay!
13:07 Shai : there is some liquidation at 326
13:07 Tejpreet : +1 Shai was these timely updates.
13:08 Tejpreet : Just reading about carlos’s escape from Japan …looks like a massive insider job.
13:09 Jitender : his wife was the master mind
13:10 Tejpreet : yes but Japanese are difficult to fool.
13:10 Jitender : $$ makes the world go round
13:11 Tejpreet : always 😉
13:12 Jitender : movie is in the works… 🙂
13:13 Tejpreet : could be , press meet on 8th by him…let’s see what comes out.
13:15 Govind : Sorry UG, just saw your message; yes, 12345 in spot please. If we get to your 12368 in futures today, we may see another ATH in spot
13:18 Uttam : Amen Gov
13:18 Govind : ICICI, Axis and Kotak dragging BNF 🙁
13:19 Pritesh : come on BNF
13:20 Boppanna : The BNF PB right at 380 zone
13:24 Pritesh : Boom
13:24 Shai : yes BNF looking good
13:24 Tejpreet : BN finally into that higher MB.
13:26 Vishnu : bn above32500 more fire many hvn here 32490 range
13:29 Vishnu : shai that purple bands are hvn ?
13:30 Govind : Uttam, BNF High right at the Weekly POC
13:33 Ankit : 12328 VAh on NF weekly
13:38 Shai : yes- (13:29) Vishnu : shai that purple bands are hvn ?
13:39 Shai : ome time frame stopped
13:39 Govind : Martini lunch time 🙂
13:44 Boppanna : Uttam BNF not many greens above 455
13:49 Uttam : some reds there Bops
13:49 Uttam : 70k on 30mins
13:49 Uttam : 32300 OI getting closer to each other in it
13:50 Uttam : so looks like biding time
13:50 Uttam : that pull back took sup right at vwap
13:56 Vishnu : any lst one hr rally possible uttam?
13:57 Uttam : yes Vishnu
13:58 Uttam : possiblw
13:58 Uttam : depends on when Bops will give his ext handle
13:59 Govind : 🙂
13:59 Shai : That IBH extn trade is still good in BNF
13:59 Uttam : J period or K period
13:59 Uttam : +1 Shai
13:59 Uttam : 1.5 IB dne in BNF
13:59 Shai : 32555 still doablle
13:59 Uttam : 32473
14:00 Uttam : 2 ib at 32537 plus that vpoc at 32550
14:00 Uttam : with Fa in between at 32522
14:00 Tejpreet : and 3ib ?
14:00 Uttam : 32665 🙂
14:00 Tejpreet : tks
14:02 Uttam : NF pull back low at 12313
14:02 Uttam : hypo3 still active in it
14:03 Uttam : Shai can that MB chart of NF be adjusted a bit?
14:03 Uttam : upside part a bit cut
14:04 Tejpreet : same with bn.
14:04 Uttam : may be that is what is stopping them from going higherr 😉
14:04 Tejpreet : lol
14:04 Uttam : lets show them the way
14:04 Tejpreet : espically delhi waley 😉
14:05 Uttam : 🙂
14:10 Sanjib null : 32300 CE quick 42 to 62
14:11 Govind : Axis and ICICI turned around
14:16 Jitender : m all out
14:16 Jitender : cudnt have asked fr a more beautiful day n esp on expiry
14:16 Boppanna : +1
14:16 Tejpreet : +1 jit
14:17 Jitender : +1 guys
14:17 Sanjib null : +1
14:20 Shai : Intra – Buy BNF 32510 sl of 32470 tgt 32560 . 40 point sl for final push
14:24 Shai : NF negotiating vpoc
14:24 Jitender : bansal gvs a buy call on bnf 🙂
14:24 Amit : 🙁
14:24 Tejpreet : BC right at 2ib
14:24 Ankit : wtf
14:24 Ankit : even a brokern clock is right twice a day 😉
14:25 Jitender : yh
14:25 Tejpreet : sl in system for 3ib
14:25 Boppanna : Once Tej took care of 107 in that 32KCE with his 325KCE next week buy it was a clean trade 192 first tgt
14:26 Shai : Put booking orders in BNF
14:26 Uttam : 2ib to the dot in BNF
14:27 Jitender : baaansaaal
14:27 Uttam : (14:00) Uttam : 2 ib at 32537 plus that vpoc at 32550(14:00) Uttam : with Fa in between at 32522
14:27 Jitender : bc
14:27 Ankit : bc
14:27 Jitender : 🙂
14:27 Jitender : m just watchn
14:27 Ankit : i am in a trade
14:27 Uttam : bansal ka SL kya hai ;-p
14:27 Jitender : 270 spot
14:28 Jitender : look at the idiotic r/r of his call
14:28 Uttam : and whats his target?
14:29 Uttam : 12300CE oI is at 79L
14:29 Uttam : kuch toofani ho jaaye wahan 😉
14:30 Uttam : fresh addition happening here
14:30 Boppanna : For people interested P&F chart shared in slack for that 322KCE https://vtrender.slack.com/archives/C0N9BFAF4/p1577955570000600
14:31 Uttam : +1 Bops
14:31 Tejpreet : +1
14:32 Uttam : (13:49) Uttam : 32300 OI getting closer to each other in it(13:50) Uttam : so looks like biding time(13:50) Uttam : that pull back took sup right at vwap
14:33 Uttam : 21L now 32300pe versus 9L in the CE
14:34 Uttam : Nifty Spot new ATH calling?
14:34 Boppanna : anybody for a lottery on that 12300ce ?
14:34 Uttam : am in it Bops 🙂
14:34 Ankit : i am in 12300 CE since yesterday 😛
14:34 Amit : me too
14:34 Uttam : lol
14:35 Uttam : no wonder the OI wass increasing
14:35 Ankit : good to now
14:35 Ankit : haha
14:35 Ankit : know
14:35 Uttam : BNF high 32550
14:35 Amit : at 1.15 🙂
14:35 Uttam : right at that vpoc
14:35 Uttam : hows MP for levels
14:35 Boppanna : lottery needs to be taken after 2pm on on expiry 🙂
14:35 Ankit : yep… it was puraane paap
14:36 Pritesh : today it will be after 3:00 PM
14:37 Pritesh : Donating little in 123K
14:43 Pritesh : Donation becomes double !!!
14:44 Uttam : 2:45
14:44 Uttam : Bops what is the plan
14:45 Jitender : can spike
14:45 Uttam : above 2.4 that 12300ce could start seeing short covering?
14:46 Boppanna : 610 BNF if holds 530
14:46 Uttam : Bansal can retire peacefully today Jit 😉
14:46 Jitender : yh
14:46 Uttam : BNF gonna take the lead though
14:46 Jitender : but he gv a dip
14:46 Uttam : true that saala nikal gaya hoga dip dekh kar ;-p
14:47 Tejpreet : Jit sir that dip gave rentry in tht next week 325k ce at 172.
14:48 Tejpreet : now you need to fire up your bot for 3ib at 665.
14:48 Pritesh : NF come on…
14:48 Uttam : 32400 CE Oi has dropped but needs to fall further
14:48 Jitender : +1 Tej..tussi grt ho
14:49 Shai : 12323 supp for last rise if any
14:49 Tejpreet : learnt from you plus side effects of doing 1.5 dt in IB .
14:49 Shai : if it holds we get 12347 and 12362
14:53 Uttam : looks like new ATH reserved for tom a Friday
14:53 Pritesh : wait UG
14:53 Uttam : 12327 holding
14:53 Uttam : weekly POC
14:53 Pritesh : Nifty has plan
14:53 Boppanna : Comeon Uttam u are underestimating expiry 3pm spike
14:53 Shai : one sujrge left
14:53 Uttam : lol Bops
14:54 Uttam : trying to shake NF out
14:54 Shai : 12323 sl
14:54 Boppanna : position speaking 1Re buy on that 12300ce 🙂 Uttam
14:55 Uttam : 1.05 here Bops
14:55 Tejpreet : 3.05
14:55 Tejpreet : oops
14:55 Uttam : lol
14:55 Boppanna : Satisfaction of being the lowest on donation 🙂
14:56 Uttam : Tej was mentioning the time i guess
14:56 Tejpreet : no positions ka kamaal.
14:58 Tejpreet : now in sync with you guys 1.65 for bn 32k ce.
14:58 Tejpreet : 325k ce
15:00 Uttam : spot new highs in Nifty
15:00 Shai : Added NF
15:00 Uttam : boom boom?
15:00 Shai : looking for 363
15:00 Uttam : BNFffff
15:00 Boppanna : 530 held part out here for 610
15:01 Uttam : 32622-634 & 32665
15:01 Shai : A quick 30 to 42 possiblime in 12250 ce sl of 27
15:01 Shai : Abv 30*
15:01 Uttam : 50 points away from ATH is BN
15:01 Uttam : sorry
15:04 Uttam : 15 more points for Nifty spot to make new ATH
15:04 Uttam : 83L is the OI in that 12300ce now
15:04 Uttam : looks like all are buying now
15:04 Uttam : 82.8
15:04 Govind : Shai, markets going up and both COTS in red. No new demand coming at the higher levels or some other reason?
15:05 Uttam : last 2 days we had green COT Gov
15:05 Govind : Blue bro:)
15:05 Govind : Yes we did
15:05 Govind : Just curious as to how to read that divergence
15:06 Shai : 40 point jump due inn BNF to 620
15:07 Uttam : those 12300ce writers are sure Nifty spot will not get above 12300?
15:08 Uttam : but then in markets anything can happen 😉
15:10 Uttam : 10 point more for spot for new ATH
15:10 Rajiv : Uttam also NF
15:10 Govind : NF 12250CE monthly from 172.9 to 192
15:11 Shai : 34.4
15:11 Shai : At 31.5 someone quit big qty
15:11 Shai : 12250 ce
15:13 Tejpreet : Let’s see if bn beats nf to 3ib.
15:14 Shai : 12336 TSL
15:14 Boppanna : booking at 610 BNF
15:15 Tejpreet : +1
15:15 Shai : +1
15:15 Jitender : congrats all
15:16 Uttam : that 12300ce from 82L now down to 74L shows that writers even do this for 1-2 rs
15:16 Uttam : crazy risk but I am sure they would have other hedges in play while doin this
15:17 Amit : recovered my donation of 12300 ce, from 32400 ce 22-45 🙂
15:17 Shai : 31 sl in 12250 ce now
15:17 Ankit : fro sure
15:17 Shai : last 3 mins
15:17 Uttam : spot 12289.9
15:17 Ankit : amazing Shai
15:17 Uttam : lets get to 12300
15:17 Ankit : superb call
15:19 Shai : I look at the transition zone which was 12323- 326. mentioned it many times here . Im even tom
15:19 Shai : (15:04) Govind : Shai, markets going up and both COTS in red. No new demand coming at the higher levels or some other reason?
15:19 Uttam : +1 Shai
15:20 Shai : (14:49) Shai : 12323 supp for last rise if any(14:49) Shai : if it holds we get 12347 and 12362(14:53) Shai : one surge left
15:20 Govind : Thanks Shai
15:20 Shai : close out – 3.21 pm
15:21 Shai : Good steady settlemnt day
15:21 Shai : will look for puts below 12323 F tom
15:21 Shai : close is in imbalance
15:22 Boppanna : Out ..Thx and Nice trades Shai
15:25 Vishnu : so calls to book out all
15:28 Shai : Hope everyone had a good day today
15:28 Shai : one of the easier ones
15:28 Shai : Let’s catch up tom
15:28 Uttam : yes Shai 🙂 +1
15:28 Govind : Sure did 🙂 THanks Shai
15:28 Tejpreet : +1
15:28 Boppanna : +1
15:28 Jitender : +1
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Tejpreet : Bye All.
15:28 Shai : Have a loverly evening
15:28 Boppanna : bye and thx all
15:28 Amit : +1
15:29 Pritesh : Bye all..
15:29 Amit : bye all
15:29 Pritesh : Thank you all..
15:30 Vishnu : good day shai