Order Flow charts dated 30th Mar 2020

A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an Order Flow chart.

Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.

NF

30 Min Nf Fpx 20 Order Flow Charts Dated 30Th Mar 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

30 Min Bnf Fpx 19 Order Flow Charts Dated 30Th Mar 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:29 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/917572077
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08:49 Prateeek : gm all
08:49 Rajesh : Gm everyone
08:49 Neeraj : GM all
08:51 Santhosh : gm all
08:52 Rajan : Gm all
08:52 Avinash : GM Everyone
08:54 Himanshu : GM all
08:56 Anil : Good Morning All
08:58 Gourav : GM all
08:58 Kannan : Goog morning all.
08:58 Manoj : Good morning guys
08:59 Lokesh : GM all
09:01 Shai : GM all
09:01 Vishnu : gm chief an gm all
09:01 Amit N : GM all
09:01 Shai : 8326 ref line for the open today on lower side along with 8710 from friday which had the late selling
09:02 Abhijith : Gm all
09:02 Shai : below 8326 auction drops off to 8186 and close below 8186 would be a bearish hint of more downsides this week
09:02 Shai : we test back 9033 on any move abv 8710 F today
09:02 Shai : Auction was a p and a b so balance expected to develop more
09:04 Uttam : Good Morning All 🙂
09:04 Shai : https://vtrender.com/weekly-charts-23rd-to-27th-mar-2020-and-market-profile-analysis/
09:05 Shai : https://vtrender.com/market-profile-analysis-dated-27th-mar-2020/
09:05 Chandrashekhar : GM all
09:06 Pavan : GMG all
09:08 Suresh : Good Morning everyone. A new starter here!
09:09 Rajesh : gm
09:10 Uttam : welcome Suresh
09:10 Chintan : Gm Shai UG & Team
09:10 Piyush : Gm all
09:11 Amit : GM all
09:13 Tejpreet : GM All.
09:16 Uttam : COT building in NF
09:16 Uttam : red
09:18 Uttam : 50k green at 8406
09:18 Piyush : Charts stuck?
09:18 Vishnu : 8420-8475
09:20 Uttam : working fine
09:23 Shai : Aloow the auction to develop
09:23 Shai : 8380- 8540 tentative range off open prices
09:25 Vishnu : 8400 0s are there
09:25 Vishnu : 8395-8400 range
09:29 Shai : Intra – short NF 8430 sl of 8490 tgt 8330
09:31 Uttam : that morming 50k green fellow defending looks like
09:31 Sanjib : sl hit
09:31 Shai : NF stopped
09:31 Shai : exit
09:35 Suhas : hi gm all
09:35 Himanshu : tussle
09:36 Uttam : going for 8599 looks like NF
09:36 Uttam : 8545 minor hurdle
09:36 Uttam : needs to stay above VWAP
09:39 Uttam : boom boom
09:39 Vijay : thanks UG
09:39 Uttam : 47k red
09:39 Uttam : motnign buyer booking looks like
09:39 Uttam : but PLR still up
09:40 Uttam : 8500ce from 301 to 330
09:40 Boppanna : +1 Uttam
09:40 Uttam : little bit recovery from mornign SL
09:40 Vishnu : 8529-8560 ug thanks
09:41 Sagar : uostox not wokring ?
09:41 Vishnu : me to ug
09:41 Uttam : 8574 high so far – (09:36) Uttam : going for 8599 looks like NF
09:41 Kushal : working Sagar, but that damn order valdation issue is there today too
09:42 Uttam : COT shoeing red here
09:42 Vishnu : 8574 0 s there
09:42 Uttam : morning longs booking out
09:42 Uttam : RS forrming at 8556
09:42 Uttam : BNF 19700 imp level
09:43 Uttam : showing some supply coming there
09:44 Uttam : boom boom part 2?
09:49 Shai : big 2 in BNF icici and hdfc down
09:50 Sachin : this resemb;es a pattern 2 months back shai, where markets were going up, but cot was negative and you asked to hold?
09:51 Shai : 8504 supp
09:51 Shai : below that we drop to that 8430 again
09:57 Uttam : (09:36) Uttam : going for 8599 looks like NF
09:57 Uttam : 8597
09:57 Shai : +1
09:58 Shai : Not taking longs here , am waiting
09:58 Shai : failure by the seller at 8430 F today
09:59 Shai : but we should revisit that point today
09:59 Uttam : yes can reverse from here
10:00 Uttam : above 8599 that prominent POC pf 8670 can come
10:00 Shai : yes
10:00 Uttam : some shorts are trapped in this move up today
10:01 Chetas : Shai, how did you cconclude that seller failed at 8430.
10:02 Shai : pink bands turned to IB
10:02 Vishnu : if he win chetas then mkt will shown below that level na
10:02 Chetas : ok
10:02 Uttam : A period has the hgihest vols of Apr NF so far on 30mins
10:02 Uttam : and has given an IB at 8456
10:03 Uttam : imp level to watch
10:03 Vishnu : so they became failed sellers as they cant able to drop the mkt
10:03 Sagar : 70 k at 8600
10:04 Uttam : 70k red & 0s at top but need some more confirmatin
10:04 Sagar : cot is suportive
10:06 Yash : 8200PE AT 200
10:08 Shai : up aucytiodone
10:08 Shai : 8646 sl from here tgt 8320
10:08 Uttam : RS + IS forming with 0s at top
10:09 Kushal : +1 Shai
10:09 Chintan : BREAK OF VWAP VALIDATE MORE
10:11 Uttam : back below PDL
10:11 Uttam : 8560 IS
10:11 Sagar : book here or wait ? short from 8600
10:12 Shai : yes can
10:12 Chetas : below vwap, can extend down further?
10:12 Chetas : 8504 almost came
10:12 Rajesh : can we short
10:13 Vijay : scalping day today
10:14 Shai : short in- (10:08) Shai : 8646 sl from here tgt 8320
10:16 Prateeek : what kind of day does it look like
10:16 Yash : 8200pe 200 to 211, finally recovered half from morning SL!
10:17 Shai : put orders to boiok half at 8463
10:17 Uttam : bew lows coming?
10:17 Uttam : new*
10:17 Kushal : vwap gone
10:19 Shai : maintain sl at 8565F now
10:20 Kiran : screen blank
10:20 Rajesh : .
10:21 Swapnil : SL hit. :/
10:22 Suresh : I am in -3DT
10:22 Uttam : RB at VWAP in NF
10:22 Shai : exit for now
10:22 Uttam : 8500
10:22 Suresh : Exited all
10:22 Uttam : late shorts being removed here
10:23 Uttam : C period in play
10:23 Kushal : that last friday pathetic price slowness is back
10:24 Shai : on 2 trades? – (10:22) Suresh : I am in -3DT
10:24 Shai : you risk managemnt is wrong
10:25 Shai : max you should be down -1 DT. in trade in minus and 1 scratch considering you took only these from open
10:25 Shai : Auction has character today
10:26 Shai : but the day is still young
10:26 Shai : And we will come back
10:26 Madhav : Shai any comments on Sustained upmove despite continuos negative COT
10:26 Madhav : for that 25 mins Negative COT is 3.5L
10:26 Shai : generally does not last
10:27 Kushal : Shai will it be prudent to wait till NF breaks the session midpoint? and then short?
10:27 Uttam : reds are trapped Kushal so till OF does not show them doing a good job no shorts
10:27 Chintan : 5min not closed < vwap in both NF BNF
10:27 Madhav : ok, So clean short below VWAP 5 min close
10:27 Uttam : rb+ib in both
10:27 Uttam : 8540 & 19490
10:28 Kushal : ok UG 🙂
10:28 Himanshu : UG – in 30mths all COT are negative
10:28 Himanshu : in nf abd BNF
10:28 Uttam : but sellers not doing a good job today
10:28 Himanshu : NF- -500K
10:29 Himanshu : y
10:29 Uttam : sellers need to keep auction below VWAP
10:29 Himanshu : ok agreed
10:30 Uttam : one test of that 8674 coming looks like
10:30 Sanjib : it will be good if it happens in C
10:31 Sachin : i have not seen a trade since morning as price and cot are not in confluence for most times… seems like a wobbly day since start
10:31 Himanshu : sachin scalp with 1/2 lot
10:31 Himanshu : for both side on negative cot – for 2 candles
10:32 Sachin : nahi yaar, will stay away, will not trade till comfortable… more peaceful
10:32 Shai : stand by Guys
10:32 Sanjib : C side extension coming?
10:32 Shai : we wait for the trade to come to us
10:32 Sachin : yes sir
10:32 Chintan : yes shai
10:32 Kushal : +1 Shai
10:33 Rajesh : let us wait for c side ext
10:33 Yash : PE trades are brining pain today!
10:33 Sachin : there is also a wide gap between future and spot – there was a dislocation in the morning if you noticed… almost a 1% gap
10:33 Sachin : it's not about the points difference today
10:33 Pritesh null : nifty FUT PAIN LEVEL 8500 should go below that
10:34 Madhav : Shai that 8666 level you spoke about is the key perhaps
10:34 Yash : will take a small break,
10:34 Shai : yes we review the bias if that goes
10:35 Vishnu : suresh are u joined today ?
10:36 Suresh : nopei amhere from 2 months
10:36 Vishnu : ok
10:37 Suresh : im the new suresh who joined
10:37 Vishnu : just watch the room for sme days
10:37 Uttam : @Vishnu new Suresh will not know about DT 🙂
10:37 Vishnu : analyse and trade
10:38 Vishnu : yes ug many similar names
10:38 Suresh : just watching
10:38 Vishnu : 6 more min to c ends
10:39 Seshadri : nifty moved beyond 1IB
10:39 Gopi : 63k reds
10:39 Rajesh : ug c side trade
10:39 Rajesh : ?
10:39 Vishnu : rajesh let c ends
10:39 Uttam : 8674 coming guys
10:39 Rajesh : ok
10:40 Uttam : D needs to make a higher hihg
10:40 Uttam : 8630 needs to be taken out
10:40 Sanjib : UG- can we take a short below 8600?
10:41 Uttam : C side is in play though
10:41 Uttam : as unable to stay above IBH & 68k red
10:41 Uttam : but shorts have been getting squeezed today so far
10:41 Uttam : will will wait for D to show some more signs
10:42 Chintan : +1 UG
10:44 Chetas : uttam, now if we come below IBH and go below IBL, this will be a FA?
10:44 Uttam : yes
10:44 Chetas : the we wuse 1ATR/2ATR for arriving at trgts?
10:44 Chetas : *use
10:45 Uttam : yes
10:45 Uttam : new hgihs coming looks like
10:45 Boppanna : SPX still up
10:45 Uttam : boom boom
10:46 Govind : 8700CE from 236 to 261
10:46 Govind : had a stop out and a scratch earlier too
10:46 Uttam : OTF up since open
10:47 Uttam : though C gave a PBL in both
10:47 Upendra : OTF means???
10:47 Uttam : One Time Frame
10:47 Suhas : 33k red
10:47 Chetas : when this potential FA, can turn in to IB breakout? if we stay above IBH for D period/
10:47 Upendra : Noted, Thank you
10:47 Chetas : ?
10:48 Uttam : @Chetas for time being it is not a probable FA as above IBH
10:48 Uttam : only once it breaks VWAP we start to look at it as a probable FA that too if is has not stayed above IBH for more than 30mins
10:49 Chetas : thanks uttam
10:51 Suhas : tough fight
10:51 Vishnu : not a promising single cot from the open shai alll 30 min in minus only
10:52 Suhas : neither buyer doing good job as well
10:53 Uttam : 8674 & 8750 on cards in NF if we stay above VWAP today
10:53 Uttam : shorts if 8544 goes
10:57 Pritesh null : vix 73 be cautious pain levels 7500
10:57 Pritesh null : sorry 8500 nifty FUT
10:57 Uttam : hardly any options OI there Pritesh so better not to look at pain & OI indicators
10:58 Boppanna : Took BNF short at 750 with strict SL Friday POC+ filter OF bias for short 16K red and tgt 80-100pts part booking here
10:58 Uttam : this week Wednesday is the expiry guys
10:58 Uttam : Thursday is off & so in next Monday too
10:58 Rajan : Thanks Uttam
11:03 Govind : and April 10th too, Good Friday
11:04 Vijay : spx 1% up
11:05 Boppanna : all out
11:05 Suhas : vwap coming Ug?
11:09 Rajan : Congo Bops
11:12 Boppanna : thx Rajan just managed to wash away random BNF trade morning sin
11:13 MJ : Cheers bop.
11:13 MJ : Went with C side in nf. got small bread butter trade.
11:16 Uttam : both NF & BNF not tagging VWAP
11:16 Boppanna : like Shai waited for trade for that had that POC as ref for SL and 16K held well
11:16 Boppanna : *said
11:16 Uttam : BNF was a good short at that composite POC
11:16 Uttam : but not a C side
11:16 Uttam : C isde set up has not yet given its first objective
11:16 Uttam : which is VWAP
11:17 Uttam : 8556 low in NF in this dip – (10:53) Uttam : shorts if 8544 goes
11:20 Shai : +1
11:20 Shai : UG has motivated the buyers today 🙂
11:20 MJ : 🙂
11:21 Shai : test of 8464
11:21 Saheer : 🙂
11:21 Shai : sl abv 8640
11:21 Suhas : +1 shai
11:21 Uttam : 🙂 Shai _/\_
11:22 Shai : C ext has come between c and D today
11:22 Shai : I mean C ext high
11:23 Uttam : @Leela my messages not going through so please ping on slack
11:23 Suhas : UG usko ane de niche…she bhuke baithe hai
11:24 Suhas : sher*
11:24 MJ : Yes CD in cusp. Chief i took that 8646 as sl again to short.
11:24 Shai : move down to 8611 and hold if 8511 breaks
11:25 Himanshu : you mean 8411 Chief
11:25 Shai : sellers have not managed vwap\
11:25 Kiran : screen gone
11:26 Ravi : screen gone
11:26 Suhas : screen
11:27 Ravi : visible now
11:27 Suhas : +1
11:30 Shai : 2 imp points here since extension has not come abv IBH
11:30 Shai : one is vwap and second is the zone at 8495 which is the singles of A
11:30 Shai : sellers have to take out both to be called doing a good job
11:31 Shai : buyers do a good job if they get an extension abv IBH
11:31 Shai : hope we are clear @everyone
11:31 Srinivas : +1
11:31 Suhas : +1
11:31 Chintan : yes shai
11:31 Rajan : +1 Shai
11:32 Abhijith : yes shai
11:32 Avinash : Yes SHai
11:32 Ravi : yes Shai
11:32 Shai : Also extension has to be abv POC by buyers since any singles below POC are not considered good
11:34 Bhupinder : shai,ibh is 8610 and high is 8640, is this not ib ext?
11:35 Shai : came in C
11:35 Bhupinder : right
11:35 Sagar : 511
11:35 Uttam : Shai can we go back to 30mins on the GoToMeeting?
11:36 Suhas : agresive reds at 8511
11:36 Pritesh null : nifty now 8500
11:36 Vishnu : yes shai possible to switch 30 in goto
11:36 Praveen : yes plz 30 mt
11:36 Pritesh null : I told when it was 8620+
11:36 Ankit : yes 30 pls
11:37 Shai : Okay
11:37 Uttam : thanks Shai 🙂
11:37 Shai : let's put a poll up actually
11:37 Shai : please vote
11:38 Ankit : thanks
11:38 Rajan : 30 min
11:38 Rajesh : 15
11:38 Seshadri : 30 min
11:38 Sandesh : 30 min
11:38 Pritesh null : 30 min
11:38 Ravi : What is the benefit of moving to 30 mins or 15mins
11:39 Tejpreet : As long as vix above 50 15 is better but let's see poll results. am ok with both.
11:39 Abhijith : 30mins
11:39 Shai : 55-45 . Please vote
11:40 Tejpreet : 100 votes , you mean or pecentage Shai !!
11:40 KK : trifecta stuck at lows ?
11:40 Bhavani : 30 mins is better .. because we would be able to see from the days start till almost end of day
11:40 Suhas : any news
11:40 Kiran : news?
11:41 Tejpreet : Looks like Uttam ensuring sellers are trapped today 🙂
11:41 Shai : changed to 30
11:41 Shai : Thank you all for voting
11:41 Ankit : thank you shai
11:42 Suhas : UG NSE me baithe ho kya
11:42 Uttam : wish it was in my hands 😉 – (11:41) Tejpreet : Looks like Uttam ensuring sellers are trapped today 🙂
11:42 Suhas : trapping sellers
11:42 Suhas : :))
11:43 Kiran : UG has access to some secret data..
11:45 Uttam : we had IB in the first 30min today
11:46 Uttam : which shows buyers having some intent today
11:46 Uttam : also the 30min bar had highest vols of 35L in apr series so far
11:47 Uttam : 8476/ 8456 would be the imp referenced in NF
11:48 Swapnil : yearend closing high attempts by MF?
11:48 Uttam : IB forming at VWAP
11:48 Uttam : that I do not know, can only comment on OF – (11:48) Swapnil : yearend closing high attempts by MF?
11:49 Swapnil : 🙂 Uttam
11:52 Uttam : 8616 is RS on 30mins so right now fight between these 2 levels with VWAP acting as a mediator 😉
11:53 Sachin : something seems very strange, bn almost all stocks apart from axis are down, others just 1% odd, hdfcbank, icici and kotak all over 3% down
11:53 Sachin : but futures is only down 1.4%
11:56 Govind : 8511 on watch per Shai and IS developing there (8512)
11:56 Shai : 8490
11:56 Uttam : C side low goes
11:56 Uttam : into the morning buying tail
11:56 Tejpreet : +1 Shai.
11:56 Govind : 8400PE from 254 to 280
11:56 Uttam : lets get that -1L COT here
11:56 MJ : Chief allout.
11:56 Vijay : +1 Gov
11:56 Pritesh null : exit shorts now 8490
11:56 Chintan : IS forming
11:56 MJ : A period singles.
11:57 Pritesh null : from 8500 no more shorts
11:57 Pritesh null : from 8600 to 8490
11:58 Rajiv : Shai Below 8490 we are heading to?
12:00 Shai : 8383
12:00 Shai : 8533 sl from here
12:00 Shai : COT is still good
12:02 Shai : clean below 8449 again
12:03 Shai : looking for a neutrald ay
12:04 Uttam : FA also please 😉
12:04 Shai : 8459
12:06 Uttam : from 'p' to bell forming now
12:07 Yash null : since morning -1 dt is not leaving me :D, premium going down,
12:08 Pritesh null : nifty 9000ce @ 86 days low won't break Tgt 140+
12:08 Suresh : I am from -3DT to -1DT
12:08 Pritesh null : my view friends
12:08 Bhavani : Well done suresh
12:09 Pritesh null : 83 now
12:11 Shai : Pritesh stop
12:11 Shai : you are confusing everyone
12:13 Uttam : 31k green at 8460 i Nf stslling this move lower
12:14 Yash null : Shai, certain force saving the day?
12:14 Uttam : (11:47) Uttam : 8476/ 8456 would be the imp referenced in NF
12:14 Uttam : low in NF dot 8456
12:15 Shai : has to break below- (12:02) Shai : clean below 8449 again
12:15 Suhas : done 2DT .will wait for good opportunity now
12:15 Shai : till then the 2 way mode is on
12:15 Uttam : +1 Shai
12:15 Uttam : lets get a RS at vwap now 😉
12:15 Suhas : yes
12:15 Sanjib : + 1 Uttam
12:20 Uttam : RB of 31k gets vwap
12:24 Shai : +1
12:25 Shai : new short below 8449 for 8383 sl of 9499
12:25 Suhas : +1
12:26 Chandrashekhar : 8499 SL you meant shai?
12:27 Shai : yes
12:34 Suhas : who si defending today dont understand
12:34 Swapnil : @Suhas MF for March 31. guessing.
12:39 Ankit : rula diya isne
12:39 Ankit : gi hi nahi raha below 8460
12:41 Suhas : there u go
12:41 Uttam : @Pritesh that is why never use 'WILL NOT' – (12:08) Pritesh null: nifty 9000ce @ 86 days low won't break Tgt 140+
12:42 Swapnil : Shai – shorts IN !
12:42 Uttam : confirming FA?
12:42 Suhas : ha bhai will not word nikaldo…bade bade account khali hote ye word se
12:43 Shai : buy 8300 pe at 240 sl of 220 tgt 280
12:45 Vishnu : was short at 8600 level looking at the c side extn and placed sl above pclose. booked half now at 8450.
12:45 Yash null : Vishnu +1
12:46 Vishnu : morning loss fully recovered
12:46 Boppanna : Uttam BNF also can you do the needful on the FA confrimation you seem to have forgotten her today 😉
12:46 Uttam : lol Bops
12:47 Uttam : see where BNF made highs today – (09:05) Uttam : a) BNF needs to sustain above 19820-845 for a rise to 19950-967 / 20064-81 / 20130-180 / 20251 / 20326-350 & 20425
12:47 Yash null : aa …aa aaja…:D
12:48 Boppanna : +1 yes that 770 was red line as well
12:48 Shai : (09:58) Shai : failure by the seller at 8430 F today(09:59) Shai : but we should revisit that point today
12:48 Boppanna : +100 SHai
12:48 Shai : revisit done
12:48 Uttam : +100 Shai
12:48 Govind : +1 Shai
12:49 Govind : we have redheads again
12:49 Shai : some of you were worried when the NF was going up on reds
12:49 Shai : I told you it will reviist . COt always leads . Sometimes the lag is more , but COT leads the move
12:50 Himanshu : now
12:50 Himanshu : Chief
12:50 Himanshu : we cover hre
12:50 Himanshu : or trail
12:50 Abhishek Lalwani : yes te lag tested patience today
12:50 Shai : trail 8480 now
12:52 Shai : still trading for a neutrald ay
12:52 Shai : but buyers more resolved today
12:57 Shai : Exit the PE at 248 cmp
12:57 Sanjib : NF OI gone up from 9.95 MM to 10.125 MM since 12:25 PM
12:58 Shai : cut the NF shorts also
12:58 Shai : things not adding up
12:58 Shai : will wait
12:58 Shai : dpoc shift
13:00 Himanshu : k
13:01 Himanshu : jit missing today
13:02 Santhosh : Gov. 2
13:04 Uttam : Gov very much in
13:04 Santhosh : k
13:04 Uttam : (12:48) Govind : +1 Shai(12:49) Govind : we have redheads again
13:04 Uttam : hammer man doing his job quietly
13:04 Shai : -62 biggest of the past 1 hour
13:04 Uttam : 9 more mins for new lows
13:05 Shai : fellow was waiting for me to go 🙁
13:05 Ankit : even i moved out
13:05 Ankit : was in at a good price
13:05 Ankit : damn
13:05 Ankit : entered again late
13:05 Suhas : still there with half
13:05 Himanshu : haha Chief
13:06 Abhishek Lalwani : lol
13:07 Shai : 8461 trailing for anyone still in
13:07 Vishnu : +100 shai i beleiv my full faith in cot. thats why i said shai going without not promising cot . just did 3lot at 8600 and waited with 8652 as sl in mind or else a promising cot.
13:07 Shai : should go below 8370
13:08 Vishnu : which given my today loss back. as u said shai u hve every right to take the money what u losse
13:08 Chintan : 52k green
13:09 Shai : +1 Vishnu
13:09 Shai : (10:26) Madhav : Shai any comments on Sustained upmove despite continuos negative COT(10:26) Shai : generally does not last
13:09 Shai : day lows
13:09 Chintan : +10shai
13:09 Chandrashekhar : @ Shai..one query, you give thiose levels on fut based of the OF cot…how do you arrive at this ref…
13:09 Uttam : FA confirmed in NF and please do the needful in BNF too Bops
13:09 Boppanna : FA in NF and BNF waiting
13:10 Boppanna : 🙂
13:12 Shai : look for 8370- 8383 break now
13:12 Shai : That FA today confirms negative bias for week below 8668
13:13 Vishnu : wht will be atr tgt shai
13:13 Shai : My tgt is 7900 F on this move
13:13 Uttam : 8026 is 1 ATR
13:13 Shai : Uttam will give his FA tgts
13:14 Rajan : Thanks Uttam
13:14 Vishnu : 7966 mine ug
13:15 Vishnu : why this diff as per suyog in mplit atr stands at 674 for 5 days and 755 for 14 days
13:15 Vishnu : shais 7900
13:15 Shai : It's a guide
13:15 Vishnu : some god diff i follow atr in mplite
13:15 Shai : 7940 is based on auction not FA
13:16 Shai : FA is separte conf
13:16 Vishnu : k shai
13:16 Uttam : @Vishnu you have different ways to calculate ATR
13:16 Uttam : I use the simple high minus low range of everyday
13:16 Uttam : do not consider gaps
13:16 Uttam : but other fulmulas consider gaps also
13:17 Himanshu : chief are we for Ney u day
13:17 Himanshu : Neutral Day
13:17 Shai : yes
13:17 Uttam : BN spot confirms FA at hgihs but Nifty does not
13:17 Uttam : role reversal in both
13:18 Vishnu : himan what tis the characteristic of neutral day
13:19 Himanshu : closing in centre
13:20 Vishnu : no extn happening as of now both sides move is here \
13:20 Vishnu : mkt will try to close at vwap or look for move after 2 pm
13:20 Himanshu : oh yes
13:20 Vishnu : if today neutral day tom will be a trend day
13:20 Vishnu : is it shai?
13:21 Shai : no
13:21 Vishnu : lower break done and higher break done
13:21 Vishnu : ok shai please clear so others also notice
13:23 Vishnu : shai as per u 9/10 neutral days will give some trend day after that?
13:23 Seshadri : today looks like premium eating day for option.. 8500 expiry has come down from 600 to 530
13:23 Vishnu : i need that
13:23 Vishnu : i am sell from that combo 8600
13:24 Seshadri : i sold 8500 combo
13:24 Vishnu : good but book it wisely 600 range will kill the profit
13:24 Suhas : i sq all …happy with 2DT…its testing patiance
13:25 Suhas : now it will brk once we r out
13:25 Kushal : had internet issues.. back now.. COT k ghar der hai andher nahi… price converges to COT sooner or later
13:25 Vishnu : means kushal
13:26 Boppanna : BNF confirms FA
13:26 Vishnu : bops some days ur busy no mesages
13:29 Boppanna : Generally try to share when I see something in the OF and ref and Shai and Uttam here to handhold beautifully more inputs on positions may confuse others as well
13:29 Yash : Looks like after 5days +ve mtm, ill end up in -ve today
13:29 Yash : 😀
13:30 Kushal : means was skeptical in the morning of the upmove.. but still took some ce trades and took a loss.. COT was never convincing to go long so the price converged to the COT. Vishnu 🙂
13:30 Ankit : then move out yash. anyway today options move isnt very strong
13:30 Vishnu : yash ry to study what happened today . stop and read the trade
13:30 Ankit : i m also just 0.2 DT irrespective of being in the rigth direction and trade
13:31 Ankit : the moves are coming in tranches, and more often than not in yo -yo.. makes it difficult
13:32 Ankit : because of the yo-yoing: either you miss out on booking profits or exit early
13:32 Suhas : trading solely based on COT is injustice to the system Guys, We need to go In depth….and not to trade till the time things are not reaching u r brain for conviction
13:32 Kushal : missing my setup which is in office…. only 1 laptop is not enough… and because of lockdown could not take the benefit if the trades.. 🙁 .. some forced vacation i guess
13:32 Sachin : fa at lows too UG?
13:33 Vishnu : sachin let it goes the otherside
13:33 Boppanna : Sachin FA explanation on vtrender site and slack pls do read up
13:34 Sachin : sure
13:35 Vishnu : no need to worry for fa. we have ug and he is called by a name # Eagle Eye#. He wont miss any fa.
13:35 Yash : yeah am out for a while
13:36 Himanshu : 8000 PE 153-135
13:36 Swapnil : charts stuck?
13:37 Sachin : read bops 🙂
13:37 Suhas : +1 Vishnu, thumps up to UG
13:37 Yash : actually we are 240 pts down in nifty yet, 8200pe has lost 40 points, this is new normal 😀
13:38 Vishnu : are u saying weekly pe
13:40 Himanshu : yes check vix
13:41 Boppanna : @Ankit on that 13:32 my 2 cents if it happens more than 2 times mostly ur trade position and SL was not accurate
13:42 Ankit : yes bops i agree
13:42 Ankit : Sl was too tight
13:43 Ankit : thanks +1
13:43 Leela : guys is tat +ve cots leads for vwap testing? am i right.. plz correct iam wrong
13:43 Uttam : one sad news guys 🙁 Vasant's (VT member from Goa) mother passed away today and he just pinged to inform me, lets all have a prayer for the departed soul & wish him and his family the strength to overcome this loss
13:44 Uttam : @Leela you need to identify the OF concepts – RB will get you to VWAP provided COT is also supporting
13:44 Ankit : ohh so sad 🙁
13:44 Tejpreet : Condolences to Vasant , really sd news.
13:44 Govind : My hearfelt condolences to Vasant and his family, may his mother rest in peace
13:44 Rajan : Condolences to the family…
13:44 Shai : sad news . Condolences . Prayers to his Mom on the next journey
13:44 Chintan : condolences to vasant & family
13:45 Diipesh : om shanti
13:45 Sanjib : Sad to hear about that… RIP
13:45 Ketan : _/\_ heartfelt condolences ., uttam pls convey the same to vasant ., on all our behalf.
13:45 Yash : yes
13:45 Suhas : sincere Condolence with Vasant and family
13:45 Kannan : heartfelt condolences
13:45 Himanshu : Sad May god rest soul in Peace and gives courag e t fly to bear loss
13:45 Saheer : heartfelt condolences
13:45 Rajesh : sad news condolences
13:45 Rajiv : Heartfelt Condolences to the family
13:45 Avinash : Heartfelt Condolences to the family. May auntie's soul rest in peace.
13:46 Milind : RIP
13:46 Suren : heartfelt condolences to Vasant and Family
13:46 Ravi : Om shanthi …
13:46 Piyush : Sad news. Om shanti.
13:46 Indarpal : so sad to hear that, my haert felt condolences
13:46 Kushal : Om Shanti
13:47 Prateeek : May god bless the departed soul and provide strength to the family members and friends.
13:47 Neeraj : Condolences to the family .
13:48 Suyog : oh, RIP.. heartfelt condolences to Vasant and family _/\_
13:48 Himanshu : Ug dont have corage to play Neutral profile
13:48 Uttam : passed on the wishes & prayers to him guys and he says he is grateful to all
13:48 Yash : Sad News, RIP
13:48 Himanshu : i mean to short PE below 8400
13:49 Sagar : RIp
13:49 Himanshu : unless we go above 8460
13:49 Himanshu : UG whats youe take
13:50 Uttam : you remember that BigB dialouge of is duniya menin to tarah ke keeda hote hain Himanshu 😉
13:51 Abhishek Lalwani : om shanti
13:51 Uttam : similarly Neutral can be of 2 types
13:51 Himanshu : ok
13:51 Himanshu : Neu ex down
13:51 Suhas : +1
13:51 Himanshu : nd centr
13:51 Uttam : Neutral Centre or Neutral Extrme
13:51 Himanshu : yes
13:51 Uttam : so let see what signs we get in the last 90 mins
13:52 Suhas : this can turn NE ….Ug
13:52 Uttam : 98k green
13:52 Uttam : 0s
13:52 Himanshu : zeros both side
13:52 Himanshu : m swaha
13:52 Swapnil : finally
13:52 Vishnu : very sad. ug tell him to stay strong
13:52 Sanjib : that 1L guy seems to have covered his shorts
13:53 Govind : 8400PE from 265 to 303
13:53 Vishnu : am going out . my cousin got some heart attack symptoms . take care all
13:53 Sagar : 2 DT done
13:53 Swapnil : Take care Vishnu.
13:53 Yash : Oh, tc Vishnu!
13:53 Sagar : tc Vishnu
13:54 Himanshu : TC – Vishnubhai
13:54 Abhishek Lalwani : omg whats happening today
13:54 Ketan : @shai does your morn ref 8326 still valid ???
13:54 Ketan : is* not does
13:55 Shai : still valid
13:55 Ketan : ok thanks !
13:55 Shai : 8465 tsl
13:55 Sagar : is that fresh buying at VPoc
13:56 Boppanna : Condolences to Vasant & family
13:56 Yash : follow through 🙁 nai aa raha kahi pe bhi!
13:57 Himanshu : Yash is slow kill
13:58 Himanshu : we are used to Zhatka
13:58 Himanshu : this is Halal
13:58 Rajesh : shai is it buy call 13.55
13:58 Rajesh : sorry
14:00 Uttam : 8335 coming in NF?
14:01 Suhas : YES LET HIM COOL DOWN
14:02 Suhas : covering
14:02 Shai : 8465 sl from here 8410 tgt 8310
14:04 Govind : Shai, this 1 lac is a square?
14:04 Shai : yes
14:04 Govind : thanks
14:05 Uttam : above 8465 if it gets taken out can do another 100 up for form a nice bell today – NF
14:05 Uttam : right now PLR down
14:07 Shai : prem 0
14:08 Shai : jokers
14:10 Rajesh : what is VPOC at 8377 ,is it PD
14:10 Shai : prev vpoc
14:10 Shai : -3
14:10 Shai : D-3
14:10 Rajesh : ok
14:11 Shai : 25th
14:11 Rajesh : thanks Shai
14:12 Sagar : exit or wait from thje shorts
14:12 Himanshu : BNF spot jumping
14:13 Shai : exit
14:13 Shai : spread is coming in the way of the trade\
14:13 Shai : +21 noiw
14:16 Ankit : anyone here uses trad racer (icici)
14:16 Ankit : Trade racer
14:19 Rajesh : can we expect a balanced market tomorrow?
14:19 Rajesh : 200 pts
14:24 Boppanna : Shai speed of the moves likely to be slower from hereon?
14:26 Suhas : is the blast reserved for last 30 mins?????
14:27 Sachin : have we got used to 85+ VIX style of trading, 300 point moves ;-),
14:27 Sachin : i realized no point doing options today, complete lack of demand, better do small futures lots
14:28 Uttam : yes that is why I also shifted to the monthly options
14:28 Seshadri : closed my combo of 8500
14:29 Himanshu : beast running upward
14:29 Himanshu : BNF spot
14:34 Uttam : extension handle coming for NeuX?
14:34 Seshadri : superb shai
14:36 Govind : NF IBL still holding
14:36 Govind : spot
14:36 Ankit : +1 sachin and uttam
14:36 Ankit : weekly option was sucha spoil sport today
14:36 Shai : shoukd do 7945 from here by wed
14:36 Govind : +1 Shai
14:37 Ankit : +1 shai
14:37 Govind : Gujral wants 10000 🙂
14:37 Yash : what does this cot mean?
14:38 Himanshu : he ha sbeen buying 10000 CE
14:38 Himanshu : since last week
14:38 Seshadri : commitment of traders
14:38 Yash : 0 at low, and +100k cot
14:38 Uttam : 1L COT
14:38 Uttam : RB forming so looks like trip back to vwap coming
14:38 Govind : good buying @ day's lows Yash
14:39 Uttam : 5 more mins for new EXT handle
14:39 Rajiv : Shai do we can carry positions till Wednesday. Any Sl
14:39 Uttam : Spike will be nice
14:39 Govind : let's get it UG
14:39 Shai : 8385 sl for 8310 20 points risk
14:40 Uttam : OTF down in NF since it tagged that 8640
14:40 Rajiv : Thanks
14:41 Govind : NF spot breaks IBL
14:42 Uttam : (14:00) Uttam : 8335 coming in NF?
14:43 Shai : 8335 close half- (14:39) Shai : 8385 sl for 8310 20 points risk
14:43 Suhas : got disconnected
14:43 Uttam : Nifty Spot also making new lows now
14:44 Shai : 8310
14:44 Sandesh : +1 shai, superb
14:44 Chintan : +1 shai
14:45 Sagar : superb 🙂
14:45 Swapnil : Shai, trail here?
14:45 Shai : A,B,C,D,E.F,G.H was all minus COT today
14:45 Shai : book full- (14:39) Shai : 8385 sl for 8310 20 points risk
14:45 Avinash : +1 Shai
14:45 Tejpreet : +1 Shai
14:46 Seshadri : +1000 shai
14:46 Indarpal : superb shal
14:46 Ketan : good on e shai !
14:46 Uttam : (14:39) Uttam : 5 more mins for new EXT handle(14:39) Uttam : Spike will be nice
14:46 Tejpreet : Uttam NE till 2ib 🙂
14:47 Shai : A singles gone from 26/03
14:47 Shai : this is a fast zone now
14:48 Uttam : 8222 ext handle
14:48 Uttam : can we tag that?
14:48 Seshadri : superb call shai
14:48 Shai : 8118 tgt
14:48 Uttam : yes 8116 next ent handle below 8222
14:48 Shai : sl abv 8325 for neu x
14:54 Shai : time to break 8227 now
14:56 Shai : COT is not going red
14:57 Shai : 8299 TSL
14:57 Seshadri : cot going red would mean shorts getting covred?
14:58 Uttam : opposite Seshadri
14:58 Bhavani : Not exactly.. Seshadri., More sellers ..!
14:58 Seshadri : ok
14:59 Seshadri : so here would mean sellers increasing selling
15:01 Uttam : lets get some SL of longs now
15:06 Seshadri : thanks shai and uttam
15:07 Shai : exit shorts
15:08 Uttam : 89395 coming?
15:08 Yash : Nt a good day, -5dt
15:08 Uttam : 8335 needs to be taken out
15:08 Seshadri : intraday shorts exit?
15:08 Shai : may rise to 8377 onm this COT now
15:09 Shai : yes was for inttra day
15:09 Seshadri : ok shai
15:10 Shai : +20 prem again
15:11 Shai : will have to closely look at the OI today
15:11 Shai : some thing under the surface
15:11 Chintan : ok
15:12 Yash : `Shai, during this fall weekly pe didnt move up
15:13 Shai : happens when there is a shift between F and spot
15:13 Shai : Future was sound
15:14 Shai : option buyers are wounded today
15:14 Kiran : screen blank
15:14 Himanshu : came
15:15 Yash : and this blue cot all the way?
15:15 Shai : One samll upmove tom to chatch some sellers again and then down to 7900 by wed
15:15 Shai : yeah blue COT is cos people are not carrying
15:15 Shai : All morning shorts closing
15:16 Uttam : 5.35 L vol at 8260
15:17 Sachin : IV of nifty has fallen well below historical volalitity, strange it should then be buyers rulling isn't?
15:18 Yash : Ok,
15:18 Uttam : ext handle of 8350 remains
15:18 Sachin : 10 day historical iv is 112, where as today is 64
15:19 Sachin : chalo logging off folks, had losses today no big but should not have traded as was not comforable. lesson learnt. thanks all
15:20 Rajesh : any range for tomorrow
15:20 Rajesh : UG?
15:20 Shai : 7940- 8720 still larger range
15:21 Uttam : yes tough day to trade especially the first part but manager to recover some of the loss so tom will look to turn week into green MTM 😉
15:22 Govind : same here guys, got robbed by that accelerated premium erosion
15:23 Chandrashekhar : Thanks All, Bye now
15:23 Seshadri : thanks shai
15:23 Himanshu : had 1.5 DT clsoing here
15:24 Himanshu : very few trades but – so far good start to week
15:24 Uttam : congrats Himanshu
15:24 Govind : Congo HImanshu
15:24 Himanshu : cause brain is still set to fast move
15:24 Himanshu : Thx UG
15:24 Govind : Bye guys, see you tomorrow
15:25 Himanshu : best trade today was once – 8640 broke – was 8500 CE short – 250 Rs premium eroded
15:25 Himanshu : gov thx
15:25 Uttam : Neutral Extreme in both with FA at top
15:26 Ketan : nice himanshu !
15:26 Himanshu : Thx
15:26 Himanshu : as per Chief
15:26 Himanshu : 8640 Level was crucial – in yday twitetr post
15:26 Yash : Same here Sachin, though I went -5dt ….so big lesson
15:26 Himanshu : and how convincing it was – but when we keep watchingh 5 mt candle we get = confuded
15:27 Himanshu : on critical level – 30 Mts guide well
15:27 Ketan : +1 himanshu
15:27 Uttam : NeuX ref from 8357-8248 in NF
15:27 Yash : Today was a tough day indeed,
15:27 Uttam : 19020-18676 in BNF
15:28 Ketan : thanks uttam for the references !
15:28 Uttam : @Yash max loss in a day should be held to 3 DT which means 3 SLs hit & you do not trade anymore on that day
15:28 Ketan : thanks shai !
15:28 Uttam : we will get these kind of tough days so on such days it is more important to follow risk management more correctly
15:28 Chintan : neutral day for me .,…. initially 05 dt up but now closing at breakeven … thanks shai and UG
15:28 Santhosh : tnx bye
15:28 Avinash : Thank you Shai and Uttam.
15:28 Tejpreet : Bye All.
15:28 Avinash : Bye everyone
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Upendra : See you all..tomorrow
15:29 Rajan : Thanks All
15:29 Seshadri : thanks shai and uttam
15:29 Seshadri : thanks all
15:29 Himanshu : bye all
15:31 Suresh : see u all tomorrow. 1st day was good. need to do homework to understand the lingos used here. thanks all.
15:31 Rajesh : Thank you.