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NF
BNF
Room Chat
09:00 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/385388045
09:38 Shai : (09:38) Shai : Intrea – Buy 12250 pe at 68-69 sl of 58 tgt 86/97
09:46 Shai : (09:45) Shai : 12250 pe at 81. Book half here and ride some at cost
09:59 Shai : (09:59) Shai : Close the 12250 PE at 75 for now
11:47 Shai : (11:47) Shai : 12250 pe at 85 . Book half here and ride at cost some- (11:20) Shai : 12250 pe buy again at 76 sl of 67 tgt 94
12:09 Shai : (12:09) Shai : Book the 12250 pe fully at 85.
(12:09) Shai : Those wanting to hold can trail at 80\\
12:19 Shai : (12:19) Shai : Intra – short BNF 32120 sl of 32186 tgt 32040
12:28 Shai : (12:27) Shai : Exit from the BNF shorts at 32155
13:59 Shai : (13:58) Shai : Aggressive trade- Buy 12200 pe at 57 sl of 50 tgt 79
14:17 Shai : (14:17) Shai : clsoe at 58-59 cmp- (13:58) Shai : Aggressive trade- Buy 12200 pe at 57 sl of 50 tgt 79
09:00 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/385388045
09:01 Abhiraj Dhamija : good morning guys!!
09:02 Shai : GM all
09:02 Shai : https://vtrender.com/market-profile-analysis-dated-2nd-january-2020/
09:05 Shai : 12323 ref line for the open tpoday
09:05 Shai : biased down below 12323 fpr 12285 and 12252
09:07 Uttam : Good Morning All 🙂
09:08 Pritesh : GM All
09:08 Chandrashekhar : GM all
09:09 Pritesh null : gm to all
09:11 Ketan : good morn room !
09:11 Tejpreet : GM All.
09:11 GS : GM all
09:11 GS : US air strike will that effect markets?
09:12 GS : News mafia is running the news like this is the end of world … specially western media
09:12 Pritesh null : gm to all
09:15 Shai : Killed a good loooking short at open based on the cot
09:16 Chandrashekhar : 6 lac vol within 5 min..good vol right Shai/uttam?
09:16 Shai : 12240- 12252 supp zone
09:16 Shai : yes
09:16 Shai : vol high for 3 mins
09:17 Vishnu : any big player
09:17 Chandrashekhar : 1 lac buy we have around 12282
09:17 Mohammed : Good Morning
09:18 Chandrashekhar : more green been added in this zone
09:19 Chandrashekhar : may be we have to wait and see if they could stop the down fall…
09:19 Shai : 1L sell also there
09:19 Chandrashekhar : 9.5 lac vol now…
09:20 Uttam : driving down’
09:21 Tejpreet : but cot still + in 30 min looks like overnight shorts booking out .
09:22 Uttam : oh yes Tej those shorts would have got unexpected early profits 😉
09:22 Tejpreet : +1
09:23 Chandrashekhar : Uttam’s B ypo got executed within the first 5 min…
09:24 Chandrashekhar : no chance for us to play it today .. for NF
09:26 Shai : if 12290 is crossed we may get 12310
09:26 Vishnu : shai 14l above in a period still time pending . any institutional thee?
09:27 Tejpreet : Shai swingwise BN support level.
09:27 Shai : yes gaps are instititutions
09:27 Pritesh : TCS, Infy are up.. so NF will have support from there.
09:27 Shai : they are considered as invisible single prints in market profile
09:27 Chandrashekhar : too many 0’s in BNF charts..
09:27 Shai : 32344 a supp in BNF
09:28 Vishnu : so direction any from them found?
09:28 Shai : Go in the direction of a large gap which does not fill
09:28 Tejpreet : tks Chief
09:30 Vishnu : so in short side
09:30 Boppanna : below 340 BNF reds
09:31 Boppanna : and greens fighting it out
09:31 GS : +1 shai
09:32 Tejpreet : Uttam one push above 290 for that 310 need a refill 🙂
09:33 Uttam : looks difficult Tej
09:33 Tejpreet : agree
09:35 Chandrashekhar : Hypo d in play for NF now…..20 lac vol so far
09:35 Uttam : 12268-263 sup zone though but the way we have opend dont htink will hold
09:35 Pritesh : Market correct like 40 50 points but the PE’s got doubled..
09:38 Shai : Intrea – Buy 12250 pe at 68-69 sl of 58 tgt 86/97
09:43 Sanjib : VIX up by 7%
09:43 Vishnu : shai a period 24 lakh volume
09:43 Boppanna : BNF Below 344 ..60 points part out
09:44 Vishnu : first time after dec i think?
09:44 Uttam : 69-76 in that 12250pe 50% booked
09:44 Tejpreet : +1 uttam and bops.
09:45 Sanjib : +1 uttam
09:45 Boppanna : Full out A period ends lets see what B has in store.. good start for the day
09:45 Shai : 12250 pe at 81. Book half here and ride some at cost
09:46 Tejpreet : quickie +1
09:46 Boppanna : +1
09:46 Shai : No messsing around with 6L vol in 3 mins
09:47 Shai : good to see so many of you focusing on the A volume
09:47 Jitender : vix expandn
09:47 Shai : that’s the secret
09:47 Shai : keep going
09:47 Vishnu : yes shai go with big player
09:47 Uttam : 12255 was good sup before
09:47 Vishnu : and he has entered na
09:47 Uttam : 51k green there
09:48 Chandrashekhar : 51 K greens there
09:48 Shai : This is a big supp zone- (09:16) Shai : 12240- 12252 supp zone
09:48 Jitender : bnf good place fr a bounce, if it has to come
09:48 Shai : caution required if short
09:48 Uttam : yes Shai placed TSL in system
09:51 Uttam : NF looking good for a bounce above VWAP here
09:53 Uttam : RS forming at 12270
09:53 Uttam : just below VWAP
09:53 Tejpreet : the spot F premium adjustinh in both.
09:54 Boppanna : PDL resisting in BNF
09:54 Vishnu : shai one doubt in a period one big guy there but the cot 12700 plus can u explain that
09:55 Uttam : spot breaking 12214 will confirm a weekly FA at 12290
09:55 Shai : lomg liquidation
09:55 Shai : + yesterfday shorts booking
09:55 Vishnu : ok
09:55 Uttam : so many ppl wanted new ATH today in both including me 😉
09:55 Vishnu : but he is there na . if mkt goes reverse at what level he will defend
09:56 Vishnu : uttam no chance for ath na
09:56 Uttam : never say never Vishnu 🙂
09:56 Vishnu : ok
09:56 Uttam : lets see how the IB is formed
09:57 Uttam : booked out all PEs
09:57 Pritesh : NF got green COT since opening.. correct me if i am wrong UG?
09:58 Pritesh : Does it mean chances are still there for reversal..
09:58 Vishnu : not big green cot pritesh
09:58 Vishnu : as per the A tpo big shorts still there
09:59 Uttam : day COT is just 24k Pritesh
09:59 Shai : Close the 12250 PE at 75 for now
09:59 Uttam : +1 Shai already did it
10:01 Uttam : both resisting at VWAP for now
10:01 Govind : Nice trade Shai
10:03 Govind : European open will make this interesting; Iran sec council meeting now on how to respond
10:05 Uttam : nice exit in that PE Shai 🙂
10:05 Jitender : bingo (09:48) Jitender : bnf good place fr a bounce, if it has to come
10:05 Sachin : +1 on the PE trade, good one
10:05 Jitender : 1.3x DT…got the vix expansion bag on & the reversal
10:05 Jitender : bang on
10:05 Tejpreet : +1 jit
10:06 Jitender : tx guys
10:07 Boppanna : +1 Jit
10:07 Jitender : tx
10:08 Jitender : 32.3pe alone gave 40 bps on vix expansion
10:10 Jitender : 3230-32 n 3215 roughly spx supp
10:10 Jitender : rest if Shai can gv his view on them
10:11 Uttam : 12200pe OI rising
10:14 Uttam : 32L vols in IB in NF – almost double the average
10:15 Prakash : should be a Big day – today, looking at the volumes
10:15 Prakash : whichever direction
10:15 Prakash : whatsay UG..
10:17 Boppanna : Learnt it here in VT if A period gives a gap(against the previous day trend) in BNF and a follow up in the same direction book profits at the end of A or trail closely as its a genereally good probability of B if its starts near previous day support moving contra to A …always can get a better RR after seeing how B ends
10:17 Uttam : +1 Bops & if we get a dhoka move in C all the more good to go with morning trend
10:18 Uttam : CEs giving a buy
10:18 Uttam : in the C period
10:18 Uttam : lets see how far we can move in the morning tail
10:19 Uttam : (09:51) Uttam : NF looking good for a bounce above VWAP here
10:19 Uttam : that 51k green doing a good job
10:19 Uttam : 12289 high in NF so far
10:25 Boppanna : Uttam BNF no volumes above 445?
10:27 Uttam : yes seems like Bops
10:27 Boppanna : thx
10:28 Sanjib : RB at NF?
10:32 Tejpreet : 290 holds and 2 dt done !!
10:32 Uttam : congrats Tej
10:32 Boppanna : Nice one Tej
10:33 Uttam : D needs to make a RE now
10:33 Tejpreet : tks guys fab alert in rooms ….precise ones !!
10:36 AmitN : BN spot , C-ext
10:37 Jitender : +1 Tej
10:37 Tejpreet : tks jit
10:40 Tejpreet : looking for spot 12150 visit today if A singles hold on.
10:40 Uttam : 12200pe scratched from 50 to 53
10:40 Uttam : D side RE will give more conviction
10:40 Uttam : kept one last one sell at 55.5
10:41 Vishnu : 12204 on the way
10:41 Uttam : before D starts
10:41 Uttam : 3 more mins
10:42 Vishnu : fa in nf uttam
10:43 Shai : NF imp lows today in IB
10:44 Shai : just at the ref level of the oast 2 sessions
10:44 Shai : Any extension today is tradebale and will be a furtrher sign of OTF influence
10:44 Uttam : +1 Shai
10:45 Uttam : 12290 & 32340 ref now on upside in both
10:45 Shai : Current vol does suggest a b or a normal day type , but being a friday we would be alive tto a range extension
10:54 Boppanna : 78K BNF?
10:54 Uttam : mix of orders looks like
10:54 Uttam : 0s at lows
10:54 Uttam : below it
10:55 Shai : No 78
10:55 Shai : ignore
10:55 Uttam : BNF tags the vpoc of 32208
11:08 Jitender : c u guys…have a grt radn day n nice weekend
11:08 Jitender : tradn
11:10 Boppanna : bye Jit
11:11 Govind : IBL defended well thus far in NF
11:20 Uttam : VWAP resisting again? low vols though
11:20 Shai : 12250 pe buy again at 76 sl of 67 tgt 94
11:39 Uttam : RE coming?
11:39 Uttam : 24k red in NF
11:43 Boppanna : BNF just has to make its mind o that Uttam’s f) hypo
11:45 Sanjib : BNF heard you Bops 🙂
11:45 Chandrashekhar : 1.6 lac greens..
11:46 MJ : 26k bnf too. with 0s below.
11:46 Prakash : 170K Buyer NF @12250
11:46 Vishnu : 1.7 l buy
11:46 Chandrashekhar : that dec POC point..seems to be strong one Shai?
11:47 Shai : 12250 pe at 85 . Book half here and ride at cost some- (11:20) Shai : 12250 pe buy again at 76 sl of 67 tgt 94
11:47 Govind : +1 Shai, super trade again
11:47 Boppanna : +1
11:47 Sanjib : +1
11:47 Uttam : super Shai
11:49 Vishnu : shai rb na that buyer
11:51 Shai : LLT not RB
11:51 Shai : Anyone knows the difference?
11:51 Shai : why is it not a RB?
11:52 Vishnu : can u say
11:52 Sanjib : The Price moved below the highest vol
11:52 Shai : 12259 supply now
11:53 Shai : RB’s have to be low volume bars
11:53 Shai : High violume bars cannot be RB
11:54 Shai : That’s why I keep saying go over the videos again and again. You cannot catch the finer things in 1 or 2 even 3 views
11:54 Shai : Mastery means daily practice.
11:54 Prakash : LLT has defended 12250 for now atleast
11:54 Shai : you cannot master anything without va daily practice
11:55 Vishnu : yes shai
11:55 Shai : 12259 ref level
11:55 Shai : thgis is an ext
11:55 Shai : we are not looking at longs
11:56 Vishnu : looking sells
11:58 Uttam : 12240 is the vpoc in NF
11:58 Chandrashekhar : Shai..one query…we had close to 2 lac buys around 12250…large enough to absorb the supply so far…
11:58 Uttam : we have 0s above that Chandra
11:58 Uttam : it is not a single buy order
11:58 Uttam : mix of orders
11:59 Uttam : and around that zone not just that one level
11:59 Uttam : 55 to 60 in 12200pe
11:59 Chandrashekhar : or could that also be some shorts covering as well?
11:59 Uttam : 12240 here in NF
11:59 Uttam : 32168-130 sup in BNF
11:59 Chandrashekhar : another 1 lac green now
12:00 Chandrashekhar : but prices are still probing down…
12:00 Uttam : and once again you have 0s above that big green
12:01 Uttam : low voumes so these swipes are more visible
12:01 Chandrashekhar : yes..may be i need to understand this better
12:01 Uttam : 12231 is 1.5 IB in NF
12:01 Uttam : 32108 in BNF
12:02 Shai : COT was -267K at close yesterday
12:02 Shai : just +166 now
12:02 Uttam : 32142 was the 2atr objective from FA of 32774
12:02 Shai : so all the green you see is covering
12:02 Govind : +1
12:03 Uttam : BNF low so far 32143.7 – (12:02) Uttam : 32142 was the 2atr objective from FA of 32774
12:03 Shai : And it went to -91K on that rrip to vwap where we picked the put up
12:03 Uttam : +1 Shai
12:03 Shai : so just those vwap selers booking
12:04 Shai : stay short below this- (11:55) Shai : 12259 ref level
12:08 Chandrashekhar : Thanks Shai..makes sense
12:09 Shai : Book the 12250 pe fully at 85.
12:09 Shai : Those wanting to hold can trail at 80\
12:14 Vishnu : shai its an open drive na
12:14 Uttam : 2nd time in 2 weeks that the expiry day move is reversed the next day
12:15 Uttam : f) Break of 32208 could trigger a move down to 32168-130 / 32088-28 & 31976
12:15 Uttam : BNF low so far 32130
12:16 Vasant : what is DMID
12:16 Shai : day mid point
12:16 Shai : H+l/2
12:17 Vasant : oh
12:17 Vasant : got it
12:18 Uttam : fresh reds in BNF
12:18 Uttam : 14l
12:18 Uttam : 14k at 32136
12:19 Shai : Intra – short BNF 32120 sl of 32186 tgt 32040
12:20 Shai : some new reds below 1229 can tgt 12217
12:20 Shai : 12239*
12:27 Shai : Exit from the BNF shorts at 32155
12:33 MJ : 12259 still holding for shorts.
12:42 Tejpreet : someone just tweeted this ……..NIFTY On-Track for the lowest range in the past 70 weeks. Setting up nicely for an explosive move
12:43 Uttam : same tweet was there last week also Tej 😉
12:43 Tejpreet : haha
12:44 Tejpreet : But i think we get a 6-8% move till budget .
12:45 Vishnu : up or in down tej
12:46 Tejpreet : that we will come to know in the room on daily basis.
12:48 Vasant : any reason for exit BN SHAI?
13:00 MJ : Yes tp, massive atr squeeze has happened.
13:00 MJ : I had mentioned during dec expiry week.
13:01 MJ : I look at atr for a trade setup that works for me, and I am surprised at how those numbers are looking across nf50.
13:03 Tejpreet : +1
13:03 Tejpreet : The range should expand.
13:03 GS : @tej downards?
13:03 MJ : Yeah 🙂 Just give moves, irrespective of sides.
13:04 MJ : OF shall tell us which way we are headed.
13:04 Tejpreet : guys don’t try to predict the direction , range expansion means we will get bigger moves.
13:05 MJ : +1 tp
13:10 Boppanna : Uttam you happy with G low for the day ?
13:10 Boppanna : BNF
13:14 Vishnu : shai any pe with ref 12259?
13:38 Shai : Avoid the PE for now
13:46 Shai : makes sense to short below 12239 now with sl of 12266
13:46 Shai : or near vwap with a sm,all sl
13:56 Shai : considerable sklowdown last 2 hours
13:56 Shai : NF in a 22 poinbt range
13:58 Shai : Aggressive trade- Buy 12200 pe at 57 sl of 50 tgt 79
14:00 Pritesh : Don’t you see W shape reversal Shai?
14:01 Vishnu : pritesh le the buyers comes with power then only recovery .
14:01 Pritesh : ok
14:01 Vishnu : am on same view with shai slow doen mostllt after 2.15 expected
14:03 Boppanna : Below 130 BNF can quick a quick drop 50 IMO above 168 reversal
14:05 Boppanna : Buggers BN spot dropping Futures not showing the drop
14:16 Boppanna : bringing trail to cost 130
14:17 Shai : clsoe at 58-59 cmp- (13:58) Shai : Aggressive trade- Buy 12200 pe at 57 sl of 50 tgt 79
14:36 Shai : one OTM monthly call makes sense here for Monday
14:36 Shai : can alos buy if vwap is crossed
14:36 GS : @Pritesh your W started
14:37 Shai : wonlt till vwap is crpossed
14:37 GS : +1
14:37 GS : reminds of 1 Jan
14:38 GS : I got into things too early and then too late , good learnings
14:38 Pritesh : Green COT ?
14:39 Vishnu : old sells booking
14:39 Pritesh : ok
14:40 Pritesh : Bought 12200 CE with DL stoploss
14:41 Tejpreet : 124k pe right at vwap 222 odd. , monthly. pb 233.
14:42 GS : @Pritesh it is coming for your SL (hunting) careful dude , 256 to 236 what a congestion
14:42 KK : I bought PE hoping for spike down
14:43 KK : morning OTF
14:43 GS : I am staying out for now
14:43 Tejpreet : needs to sustain below Shai’s 239 for a quick 20 pointer.
14:44 Pritesh : gone..
14:44 Pritesh : SL hit
14:49 Tejpreet : boom and done 🙂
14:49 Shai : +1
14:49 Tejpreet : got 243 on that pe.
14:50 Shai : Looks like we will have lots of liquidity issues iin F from now on 🙁
14:50 Vishnu : 2.21 buy
14:50 Tejpreet : tks chief
14:50 Govind : Done
14:50 Vishnu : LLT or RB
14:50 GS : finally
14:50 Govind : Why Shai, because of the SEBI new rule?
14:51 GS : 2.2L buys
14:51 Shai : 217 needs to be printed
14:51 Tejpreet : +1
14:51 Shai : yes- (14:50) Govind : Why Shai, because of the SEBI new rule?
14:51 Shai : will yake out system liquidity
14:51 Tejpreet : if 217 comes before 3.05 then maybe a peak a 180.
14:51 Tejpreet : peek
14:52 Govind : Yes Shai, may be we shuld start trading SPX 🙂
14:52 Govind : But the RBI won’t let us
14:53 Prajwal Shetty : so prices have to go lower for the fill??
14:53 Shai : Intra- short BNF below 32075 sl of 32160 tgt 31930.short below
14:54 Tejpreet : 😉
14:54 Vishnu : sha cot going up above4 l means shorts are covering ?
14:55 Shai : yes leave that for Monday as suggested earlier
14:56 Vishnu : +1 shai
14:59 GS : 0s
14:59 GS : 2.2L wroking?
15:03 Prajwal Shetty : was it a 45
15:03 Shai : long built for Monday
15:04 Vishnu : can i buy any call?
15:04 Shai : Exit if holding BN shorts
15:04 Shai : covering
15:05 Shai : 66 is a buyer in 12200 ce
15:06 Tejpreet : last short 13k monthly at 165 odd with 6 point SL.
15:06 Tejpreet : 123
15:07 Shai : SC mode
15:08 Tejpreet : yes chief
15:08 Vishnu : sc means
15:09 Pritesh : short covering
15:09 Pritesh : ?
15:09 Prakash : NF at VWAP
15:09 Tejpreet : Shai if this hits 280 plus makes sense to carry a otm pe say 12k for news based weekend move.
15:11 Shai : No PE
15:12 Shai : My 2 bits – spx will close in green today
15:12 Tejpreet : 🙂 tks
15:13 Vishnu : any ce
15:13 Shai : carry monthly
15:13 Shai : weekly does not work fri- mon
15:13 Tejpreet : closing that pe at cost .
15:14 Vishnu : combo is good na monthly as many global tensions here
15:14 GS : I guess everyone buying CE
15:15 Tejpreet : vix up by 12 % and weekend ahead ……like Shai said spx might be green ……vix could collapse on monday Vishnu.
15:15 Tejpreet : better to go nil.
15:16 Shai : yes \
15:16 Shai : makes sense to view this fresh\
15:21 Shai : would have been better if we were at day lows at close to carry longs actually
15:21 Shai : I was hoping for a print near 12200
15:22 Tejpreet : Monday you get your prints and the room can load up the ce .
15:22 Boppanna : +1 🙂
15:25 Shai : 18 point premium erosion today
15:26 Shai : that makes spot inside almost yesterday
15:28 Shai : Bye all
15:28 Tejpreet : Bye All.
15:28 Shai : Have a nice weekend all
15:28 Shai : Catch up Monday
15:28 Mohammed : thanks bye
15:29 Vishnu : bye