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 OrderFlow 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
BNF
Room Chat
09:45 Shai : (09:45) Shai : Intra – Buy 31500 call at 180 sl of 122 tgt298/ 330
10:31 Shai : (10:31) Shai : Update- Make an exit in the 31500 call at 156 cmp
11:16 Shai : (11:16) Shai : Intra – Keep an NF short open below 11980 sl of 12005 tgt 11955/ 11925. cmp 11992 short below
11:22 Shai : (11:22) Shai : Intra – Buy NF 12004 sl of 11976 tgt 12050
11:22 Shai : (11:22) Shai : ignore the NF sell below for now
12:15 Shai : (12:15) Shai : Book half the NF trade at 12028 F here
12:18 Shai : (12:18) Shai : Book the NF trade fully 12027 cmp. we will buy the dip
14:02 Shai : (14:01) Shai : Buy BNF 31540 sl of 31440 tgt 31700.B uy near 31540
(14:02) Shai : don;t chase
14:07 Shai : (14:07) Shai : BNF trade in now
14:15 Shai : (14:15) Shai : BNF 31630 book half here and ride some at cost
14:22 Shai : (14:22) Shai : Book out the BNF at 31588
14:47 Shai : (14:46) Shai : Intra- BUy BNF again 31695 sl of 31605 tgt 31850. Trade a smaller size.
15:00 Shai : (14:59) Shai : Make exits in the last BNF longs at 31695 near cost here .
08:58 Shai : GM all
08:58 Anubhav null : gm
08:59 Shai : https://vtrender.in/weekly-charts-27th-may-to-31st-may-and-market-profile-analysis/
08:59 Deepak : GM all
08:59 Govind : guys
08:59 Govind : GM guys
08:59 Sujeet : gm all
08:59 Shai : https://vtrender.in/monthly-may-2019-charts-and-market-profile-analysis/
08:59 Shai : https://vtrender.in/market-profile-analysis-dated-31st-may/
09:00 Seema : GM…ALL
09:01 Hiren : godd morning all
09:01 Chandrashekhar : GM all
09:01 Deepak : GM
09:03 Vtrender Live : option charts – https://join.me/816-460-349
09:04 Arjun : good morning all:)
09:07 Suren : GM ALl
09:07 Suren : All*
09:09 Anubhav null : shwani is back
09:09 Anubhav null : ashwani
09:09 Anubhav null : 🙂
09:13 Sujeet : option charts..cant find the strike price..
09:13 Sujeet : cant see it
09:13 Sandip : GM Shai, All
09:14 Saranjit : Good Morning
09:16 Uttam : Good Morning All 🙂
09:16 Amjad : gm all
09:17 Rajan : good morning al
09:17 Shibu s : gm all
09:18 Uttam : weekly 12k CE & 11900pe are the OF of options charts
09:18 Uttam : visible at top
09:19 Ashutosh : yes can see
09:20 Sujeet : yes cn see now..i ws getting pop up window so cdnt see
09:20 Psandeep : Gm all
09:25 Uttam : test of DD singles coming looks like
09:26 Uttam : boom
09:27 Shai : BNF headed to 31580
09:27 Anubhav null : gr8
09:27 Uttam : DD in a composite has good chance that the DD singles get revisted
09:31 Uttam : a) NF needs to sustain above 11930 for a move to 11948-965 & 11980-988…first part done
09:31 Uttam : a) BNF needs to get above 31385-395 for a move to 31430-487 & 31528
09:31 Madhu : good morning to all
09:33 Uttam : RS in NF at 11965 30k red
09:33 Uttam : could be the morning long of 11930 booking out also
09:35 Ashutosh : what are first 15 min vols?
09:37 Uttam : 14.7L
09:38 Ashutosh : thnx
09:38 Ashutosh : so vols are good ?
09:39 Uttam : better than avg for first 15mins in NF
09:39 Uttam : BNF below avg
09:39 Uttam : just abt avg actually in BNF
09:40 Ashutosh : okk thanks
09:40 Anubhav null : bnf weaker
09:40 Anubhav null : than nf
09:43 Shai : 30 min volumes you can track for previous periods on Go to charts
09:43 Shai : for 15 mins use MPlite
09:43 Shai : BNF stays strong abv 11350
09:43 Shai : 31350*
09:45 Shai : Intra – Buy 31500 call at 180 sl of 122 tgt298/ 330
09:47 Suyog : gm all..
09:47 Suyog : guys, there is some early morning issue with intra charts on mplite, due to some fresh changes I deployed over weekend.. I am trying to fix that.. will let you know when done..
09:50 Jayanth : buy above 180?? or can we buy at CMP
09:50 Shai : was cmp then
09:50 Shai : can buy here
09:51 Jayanth : TY
09:51 Shai : could float around here for some time
09:52 Ashutosh : could we get its oF chart
09:52 Ashutosh : maybe insted of 12kce
09:54 Shai : on screen
09:55 Ashutosh : thanks
09:58 Himanshu : GM all
09:59 Ashutosh : Rbi Event on 5th n 5th is trading holiday
10:00 Ashutosh : wa forward
10:00 Suyog : the issue is fixed now.. intra charts should be working again..
10:00 Uttam : 6th
10:00 Uttam : rbi policy
10:01 Ashutosh : okk my bad
10:01 Uttam : https://vtrender.slack.com/archives/CEEC40ULQ/p1559466531000100
10:01 Ashutosh : 6th thursday :)\
10:02 Ashutosh : thanks uttam
10:05 Uttam : +1
10:06 Sandip : Uttam, this 11930-11860 Microbalance is for hom many fays ? showing in the charts
10:09 Ashutosh : Shai bnf was chosen insted of nf due to COT ?
10:11 Ashutosh : boom boom
10:11 Uttam : 43k green in NF
10:11 Uttam : very close to IB time
10:12 Uttam : sellers exiting looks like
10:14 Madhu : ….
10:16 Anubhav null : c
10:16 Sandip : Uttam, OI increase, new buyers
10:17 Uttam : 32400 green at top
10:17 Thanika : @Uttam: Is this C extension bad for upside?
10:20 Himanshu : RS – in NF – last session – memory is fresh I guess
10:21 Himanshu : HVN-
10:22 Shai : Yes NF working the DD
10:22 Uttam : (09:25) Uttam : test of DD singles coming looks like(09:27) Uttam : DD in a composite has good chance that the DD singles get revisted
10:22 Uttam : Done
10:22 Shai : should getr supply 11980- 12000
10:22 Uttam : DD singles were from 11955 to 11988
10:22 Shai : +1
10:23 Uttam : a) NF needs to sustain above 11930 for a move to 11948-965 & 11980-988
10:23 Uttam : first hypo to the dot
10:23 Sandip : +1 Shai
10:23 Uttam : 0s on 5min OF Shai plus C side ext 11980 was expected to resist
10:30 Uttam : C side ext plus RS in OF gets vwap in NF
10:31 Uttam : 11985-11958
10:31 Shai : Update- Make an exit in the 31500 call at 156 cmp
10:31 Himanshu : chief – Repeat today …Slow grind – Once more
10:32 MJ : Gm all
10:32 MJ : 14325 upside down guy right at dpoc.
10:34 Uttam : green band there which could mean demand absorbing all supply there
10:34 Uttam : right at vwap
10:38 MJ : Yes uttam 975 vs 0 got that green.
10:39 MJ : will it be 975 matched to 300 or 0?
10:39 Gaurav : 0 MJ
10:39 MJ : Thanks G.
10:39 Uttam : not the numbers but the fat that reds there but could not sustain below vwap
10:40 Uttam : fact*
10:40 Uttam : same with next bar which has reds at lows but still closed at hgihs
10:40 Uttam : all be it low vols now so its only locals
10:46 Paras : feel market might go down
10:46 Sandip : Yes Paras
10:46 Paras : let the auction support it
10:46 Sandip : maybe make a new high first
10:47 Uttam : BNF is yet to make that DD singles trip
10:50 Himanshu : you mean – 540-580-626 trip
10:50 Uttam : 31487-31640
10:51 Shai : BNF just lost Steam
10:51 Uttam : needs to sustain above 31395
10:51 Uttam : stll in A period BNF
10:52 Sandip : 12k break of NF should be good here from 11975…
10:52 Himanshu : Except – HdfcB – and now Icici B – ( 1 rs) rest all banks in Spot -VE
10:57 Govind : Yes Himanshu, and also look at BNF volumes…nominal
10:57 MJ : 1.5ib at 12004.5
10:57 Uttam : sustaining above 11990 NF can go for 12030
10:58 Uttam : just short of 2 IB
10:58 Uttam : (10:51) Uttam : needs to sustain above 31395….BNF here now
10:59 Vishal : vix positive
11:00 Himanshu : Today – NF supply zone – Holding BNF also ( as low volume will tail NF till seocnd half )
11:02 Boppanna : +1 Needs a push10:58 Uttam : (10:51) Uttam : needs to sustain above 31395….BNF here now
11:03 Thanika : despite NF going up, CEs are coming down! does this say something?
11:04 Uttam : no premium in NF
11:04 Sandip : yes Uttam
11:04 Ashutosh : C high broken
11:05 Shai : yes call premiums are weird today
11:05 Thanika : big red
11:05 Himanshu : Off 60K supply
11:05 Shai : something amiss
11:05 Boppanna : Shai that 31500ce good above 185 ?
11:06 Shai : needs 216 cross
11:06 Boppanna : ok thx
11:07 Sujeet : so again buy abve 216?
11:08 Rajkumar null : nifty 59k sell vs 1.5 k .. will nifty ll to negative below 11960?
11:10 Uttam : 12030 coming in NF looks like
11:10 Uttam : 11980 sup
11:10 Uttam : supply being absrobed here
11:11 Sandip : both the sellers in NF and Buyers in NF near the top region today are new
11:11 Sandip : just positions building up in the new series
11:11 Uttam : yes Sandip both in supply zone
11:12 Uttam : POC on 30mins NF shifting to top so sellers gaining upper hand looks like though 2 more min for bar to close
11:13 Uttam : 11k gree in BNF at top
11:13 Uttam : of 5min bar
11:13 Uttam : a) BNF needs to get above 31385-395 for a move to 31430-487 & 31528…played that first part of hypo once agan 31395-31430
11:14 Uttam : Shai NF 30mins in room needs a little adjustment
11:15 Uttam : thanks Shai
11:16 Shai : Intra – Keep an NF short open below 11980 sl of 12005 tgt 11955/ 11925. cmp 11992 short below
11:17 Deepak : Shai – did u read any news on sudden crash yesterday ? I am told that some big algo trades of someone got hit by mistake ?
11:18 Shai : will short this only if 11980 breaks
11:19 Shai : other wise can move higher in upper DD
11:19 Uttam : RS being taken out in NF
11:20 Paras : there is initiative buying at 11997
11:20 Sujeet : do we have MP charts access?
11:20 Uttam : (11:10) Uttam : 12030 coming in NF looks like(11:10) Uttam : 11980 sup(11:10) Uttam : supply being absrobed here
11:21 Sandip : annd 12k hit ..im out
11:21 MJ : Cheers Sandip 🙂
11:21 Sandip : 😉 (10:52) Sandip : 12k break of NF should be good here from 11975…
11:21 Uttam : @Sujeet mplite.vtrender.com
11:21 Uttam : shorts being forced out
11:22 Uttam : green band at 1.5 IB in NF
11:22 Shai : Intra – Buy NF 12004 sl of 11976 tgt 12050
11:22 Uttam : BNF completes second part of 31487
11:22 Shai : ignore the NF sell below for now
11:22 Uttam : (10:50) Uttam : 31487-31640(10:51) Uttam : needs to sustain above 31395
11:23 Shai : +1
11:23 Uttam : c) Above 11988, NF can probe higher to 12013-20 & 12040-45…NF high so far 12014
11:23 Shai : was waiting for the move at open but somehow momentum slackened
11:23 Boppanna : Nice One 487 done 11:02 Boppanna : +1 Needs a push10:58 Uttam : (10:51) Uttam : needs to sustain above 31395….BNF here now
11:23 Uttam : yes Shai
11:24 Uttam : +1 Bops
11:24 Uttam : almost 60k reds in BNF
11:29 Shai : NF shown a hint to move into the upper distribution and hence the long
11:29 Shai : scene of crime visit mode also
11:29 Paras : shai ji 1.5 IB what is the significane
11:30 Shai : just a barometer
11:30 Shai : useful in rotations
11:30 Shai : BNF took off without me
11:30 Shai : 🙁
11:30 Paras : so its a buy trend if 1.5 ib is breached
11:30 MJ : 29k covers red.
11:30 MJ : in bnf.
11:31 Shai : same rules as IB extensions @Paras
11:33 Paras : ok
11:40 Boppanna : BNF Just did that dip below 350 to get the weak longs off in C looks like 11:30 Shai : BNF took off without me
11:48 Himanshu : Chief – In NF 30 Mts chart qunats – Day cot row shows -212275 now
11:49 Himanshu : What this implies ? – Uttam incase you can also help in understanding this table
11:53 Uttam : (10:34) Uttam : green band there which could mean demand absorbing all supply there(10:34) Uttam : right at vwap(10:39) Uttam : not the numbers but the fat that reds there but could not sustain below vwap(10:57) Uttam : sustaining above 11990 NF can go for 12030
11:53 Uttam : 12024 high so far in NF
11:54 Uttam : BNF completes the hypo1 tgts fully
11:56 Uttam : (11:48) Himanshu : Chief – In NF 30 Mts chart qunats – Day cot row shows -212275 now…more shorts in today’ market so far, every rise has been getting reds and part could be profit booking but some also seem to be getting stuck
11:56 Shai : yes was playing for 31580 early at open :(- (11:40) Boppanna : BNF Just did that dip below 350 to get the weak longs off in C looks like 11:30 Shai : BNF took off without me
11:56 Shai : bad miss
11:56 Uttam : in fact BNF gave a RB at 31350 Shai on 30mins
11:57 Shai : (09:27) Shai : BNF headed to 31580
11:57 Uttam : +100
11:57 Shai : looked good at open volumes just that hesistation in B
11:57 Shai : NF has been one time frame up
11:59 MJ : Shai decent supply in last 30 min poc?
11:59 MJ : for NF?
11:59 Ashutosh : Shai why choose bnf insted of nf ?
12:00 Sandip : Nf should test vwap once … from 12015
12:00 Uttam : NF tagging both HVNs of Friday 11910 & 12025
12:01 Uttam : looks like will form a balance now in the DD zone before giving a move away in the afternoon
12:01 Boppanna : Shai view on SPX when you have time
12:02 Sujeet : looks like trend day till now
12:03 Shai : BNF had a better COT at yesterday’s value- (11:59) Ashutosh : Shai why choose bnf insted of nf ?
12:03 Ashutosh : thanks
12:04 Sujeet : COT? Please
12:04 Ashutosh : commitment of traders
12:04 Uttam : total buying minus total selling
12:04 Sujeet : ok thanks
12:04 Uttam : we have it on 5min / 30min & entire day
12:05 Shai : 8 mins to cross 12024
12:05 MJ : (09:06) Shai : on the charts today at the top of the bar we have added the volumes in yellow, then the COT in blue and the delta of the bar in white(09:07) Shai : COT is net of all the buying minus selling of the bar (09:07) Shai : COT will update real time and give a value based on sellers adding or buyers adding
12:06 MJ : Sharing earlier post by Shai @sujeet
12:06 Rushabh : so more selling today?(12:04) Uttam : total buying minus total selling
12:06 Uttam : in NF
12:06 Shai : COT is dynamic of the series and is not an intra day indicator
12:07 MJ : +1
12:07 Himanshu : ok That when we refer in 30 Mts Table –
12:07 Anubhav null : here goes
12:07 Shai : The biggest change of COT was at 11666 F just before exit poilss
12:07 Shai : just flip back charts and check the COT
12:07 Shai : will show you how big money positions
12:08 Shai : 11166F**
12:08 Himanshu : ok SO how does it helps for INtraday – on 30 mts – table
12:09 Rushabh : so shai the blue numbers on 30min above the bar are for each bar?
12:09 Himanshu : ys Rushabh
12:10 Himanshu : chief and DAY COT – says – total of all 30 mts bar for the day ?
12:11 Rushabh : (12:07) Shai : The biggest change of COT was at 11666 F just before exit poilss , shai this was observed on Day COT or the 30 mins one?
12:11 Himanshu : ok is cumumative foe the day – (
12:12 Anubhav null : rs in bnf again
12:14 Uttam : Shai’s 31580 here
12:14 Uttam : 31578 high BNF so far
12:14 Boppanna : right there 12:05 Shai : 8 mins to cross 12024
12:14 Uttam : 12027.8
12:14 Govind : Reliance is making a big move
12:14 Uttam : HVN to HVN interconnection complete 😉
12:15 Shai : Book half the NF trade at 12028 F here
12:15 Shai : crossed in 8 mins – (12:05) Shai : 8 mins to cross 12024
12:15 MJ : Nice trade chief.
12:16 Uttam : more coming
12:16 Uttam : 57k green at top in NG
12:16 Uttam : NF
12:16 Thanika : +100 (12:15) Shai : crossed in 8 mins – (12:05) Shai : 8 mins to cross 12024
12:16 Uttam : shorts ki pungi
12:16 MJ : @paras saw that 1.5 ib ref? we did low of 12003 on 1145 1215 bar 🙂
12:16 Uttam : seedha 2IB NF
12:17 Uttam : to the dot
12:17 Uttam : 12034
12:17 MJ : this one looks like that 56k reds.
12:17 Uttam : above 11990 next zone was 12030 clean as low vols
12:17 MJ : +1 uttam.
12:18 Uttam : 23k red in BNF with 0s at top
12:18 Sandip : Shai, only Day COT is for the current day?
12:18 Shai : Book the NF trade fully 12027 cmp. we will buy the dip
12:19 Shai : On COT, as mentioned it is not an intra day tool and may not be useful to a short scalper but is extremely useful to monitor strength of a trend
12:20 Rushabh : shai any video references or blog youve made on it?
12:20 Shai : COT by definition is the difference between buy side and sell side trades of the entire market and includes both intra day and positional traders
12:20 Shai : a market going up on negative cot would be sold
12:20 Shai : a market going down on positive cot would be bought
12:21 Amjad : presently day cot is negative
12:21 Shai : scene of crime visited
12:22 Shai : longs have to be cautious
12:22 Sandip : Thank you Shai
12:22 Rushabh : Thanks shai
12:22 Amjad : ok
12:26 Shai : if you read Dalton and know his 2 questions – what is the market trying to do and Q2 – Is it doing a good job?
12:27 Shai : well COT is the best quantifiable number to tell you if the market is doing a good job or not
12:27 Ashutosh : +100
12:27 Ashutosh : thanks shai
12:27 Shai : There are other abstracts like value areas etc but COT is the best “number” to tell us how good a job the market is doing
12:28 Himanshu : Thanks chief
12:28 Amjad : thank you shai
12:31 Suren : @shai Does COT takes into LMT orders as well or only Market orders?
12:32 Shai : everything
12:32 Shai : that is why we replaced it from delta which we no longer use
12:32 Shai : delta was only market
12:33 Sandip : a move till 11990 wud be nice for hitting stoplosses and adjusting NF premium
12:33 Suren : Thanks Shai. I also thought the same
12:33 Shai : 11994 support for this RS at 12034
12:38 Boppanna : Shai BNF support 430?
12:47 Uttam : 31400 IB in BNF Bops & yes one stuck seller at 31430
12:48 Boppanna : Thanks Uttam
13:02 Thanika : How is COT calcuated in real time. If MKT order is the one moves the market, LMT order is the one which fullfills that MKT order. So is COT just the reverse of Delta?
13:04 Uttam : delta is part of COT & COT gives you the bigger & clearer picture
13:07 Sandip : got out at averaged cost
13:08 Sandip : now bought
13:09 Uttam : 12k pe being written looks like
13:10 Uttam : Shai 12k combo at 130 could be a good combo for RBI day or expecting it to be a non event?
13:15 Sandip : options and spot held throught this dip till 12004….this could now go upto 12040-12060…..from 12015
13:16 MJ : afternoon dip?
13:16 MJ : coming?
13:17 Uttam : srtuck reds in both
13:17 Uttam : 35k in NF &11k in BNF
13:17 MJ : yes 11997 also tagged.
13:17 MJ : Ext handle.
13:17 MJ : Just one singles though.
13:18 Rushabh : shais 11994 held
13:18 MJ : +1
13:20 Shai : holding 11994- (12:33) Shai : 11994 support for this RS at 12034
13:20 Jitender : Shai…spx review, if poss
13:20 Shai : 31578 and dropped- (09:27) Shai : BNF headed to 31580
13:21 Sandip : Shai, NF looking stronger than BNF?
13:21 Sandip : considering its above vwap atm
13:22 Shai : has to move abv 12019
13:22 Shai : yes stronger than NF though
13:23 Shai : spx will review , have to reload those charts – (13:20) Jitender : Shai…spx review, if poss
13:23 Jitender : k
13:27 Thanika : unusually lot of zeros appearing in upmove and downmoves!
13:27 Sandip : bothe the dips in NF were profit booking..in the last 1 hr
13:28 Sandip : possible coiling here tfor some time now..lets see
13:37 Shai : BNF weakneed
13:37 Shai : weakened*
13:48 Uttam : some stuck reds in BNF at 31390
13:49 MJ : +1 (13:22) Shai : has to move abv 12019
13:50 Uttam : 35k red stuck in NF too at 11994
13:51 Sandip : out 50% at 12035..another 30 pts in after average
13:51 MJ : another 63 reds.
13:51 MJ : nice one again sandip.
13:52 Sandip : All out ..will wait and watch now..(13:15) Sandip : options and spot held throught this dip till 12004….this could now go upto 12040-12060…..from 12015
13:52 Sandip : Thx Mj
13:55 Shai : SPX futures cmp 2735 closing in on a big bounce from 2706 levels which should drive it back up to 2850.
13:55 Uttam : NF making new highs but BNF not yet
13:55 Shai : view is wrong oif 2700 breaks this month
13:56 Uttam : so looks like all markets gonna go up this week onwards Shai 😉
13:56 Jitender : lower lvls to watch in spx Shai…below 2700 ?
13:57 Uttam : 12039.6 high so far
13:59 Shai : would signal a sever brekdown if that goes
13:59 Shai : 2650 minor supp
13:59 Shai : could also test dec lows eventually if that happens
13:59 Uttam : NF boom
14:00 Uttam : 1L red
14:00 Uttam : 2.4L
14:00 Sandip : sold at 12055
14:00 Rajendra : NF ATH
14:00 Sandip : 50% only
14:00 Shai : swipe up
14:00 Uttam : e) If 12045 is taken out, higher levels of 12073 & 12096 open up
14:00 Uttam : 12071 so far
14:01 Sandip : + 1 uttam
14:01 Uttam : 12094 is 3ib
14:01 Shai : Buy BNF 31540 sl of 31440 tgt 31700.B uy near 31540
14:02 Shai : don;t chase
14:03 Shai : NF can spike to 12117
14:03 Uttam : (13:48) Uttam : some stuck reds in BNF at 31390(13:50) Uttam : 35k red stuck in NF too at 11994 these stuck reds gave this move
14:04 Sandip : @Shai, what would be the normal spot/ futures difference values this early in a series?
14:04 Jitender : Uttam…Anuj claiming credit 🙂
14:04 Sujeet : cdnt buy…@31540..
14:05 Uttam : finally today Jit 😉
14:05 Uttam : was waitin for new all time highs looks like
14:05 Jitender : 🙂
14:06 Uttam : inside bar on weekly timeframe with a close around the promiment POC of 11920 for this week from where it could give a move away in the coming week…this was in weekly report
14:06 Uttam : look at low in spot today
14:06 Uttam : 11920 & 130 points from there
14:07 Sandip : taht .5 lac order looks like part New seller part old profit booker…
14:07 Sandip : 2.5* lac
14:07 Shai : BNF trade in now
14:08 Sujeet : entered
14:09 Jitender : tx (13:59) Shai : 2650 minor supp(13:59) Shai : could also test dec lows eventually if that happens
14:10 Sandip : Uttam
14:10 Uttam : yes Sandip
14:10 Sandeep : BNF is a posn call ?
14:11 Sandip : How to read that last 30 min bar in NF….considering COT went negative in upmove…and 2 red bands..what would the red bands signify?
14:11 Uttam : no Sandeep
14:11 Sandip : ?
14:11 Shai : sl hunt till 12071
14:11 Uttam : lots of 0s here Sandip
14:12 Shai : see the 0’s below at 12045 are new suupp
14:12 Uttam : +1 Shai
14:12 Uttam : shorts which are stuck continue to fuel this upmove
14:12 Sandip : lots of Sandeeps in this conversation also 🙂
14:12 Shai : supp is there till 12036
14:12 Sandip : Got it Shai and Uttam, thank you
14:12 Uttam : that no was for the other Sandepp who asked if BNF was pos call
14:12 Sandip : xD
14:12 Shai : above 12071 is a quick sharp move of 50 points to 12117/ 12128
14:13 MJ : 2.5L executed via algo.
14:13 Shai : BNF am eyeing the singles to the upper distribution now
14:13 Sandip : yes Shai, options are also piling on upwards
14:13 Sandip : out of shrts
14:13 Uttam : Shai 12k combo good for this week’s expiry?
14:13 Uttam : still ardn 130
14:14 Shai : 31640 within reach and a few more
14:14 MJ : vwupb constantly on the upmove since c period.
14:15 MJ : 1L out of that 2.5L?
14:15 Uttam : more will come
14:15 MJ : Or a fresh fella?
14:15 Shai : BNF 31630 book half here and ride some at cost
14:16 Shai : aay gaya 🙂 – (14:14) Shai : 31640 within reach and a few more
14:16 MJ : 🙂
14:16 Uttam : +100 Shai
14:16 Shai : structure was clean for a 100 upmove
14:17 Shai : fun is if it pushes abv 31640 on greens
14:17 Sandip : Perfect read ..saved my ass 🙂 +100 Shai..(14:12) Shai : above 12071 is a quick sharp move of 50 points to 12117/ 12128
14:17 Amjad : nice one shai
14:17 Shai : Cheers Sandip
14:17 Shai : #Orderflow reads are never wrong
14:17 Shai : 🙂
14:17 MJ : +1
14:18 MJ : Rode 31500 ce chief 🙂
14:18 Shai : one more seller entered in NF
14:18 MJ : 106800 levels?
14:18 Gaurav : there’s 1L green as well
14:18 Gaurav : just above it
14:18 Shai : yes just abv
14:18 MJ : yes Gaurav. Some masking is up me thinks.
14:19 MJ : Earlier we saw 30k reds entering bnf, he booked out quick too.
14:19 Shai : BNF ready to cross now
14:20 Sandip : Shai,, so if you have 2 sets of ‘0’s, in one direction, then the lower one becomes support for the upper one? (in orderflow)
14:20 Gaurav : another ST High in progress before RBI?
14:20 Shubro : this is rate cut pricing in
14:20 Shai : yes Sandip
14:21 Sandip : Thank you..I willcertainly keep this in mind
14:21 Shai : +1
14:22 Shai : Book out the BNF at 31588
14:23 Shai : It’s an important concept in #Orderflow those zones where the markets produce itra day LVN’s or low volume nodes
14:23 Shai : we track it through 0’s
14:23 Shai : opp of HVN ‘s these LVN’s
14:23 Uttam : that 2.5L is not the support
14:24 Shai : but all market profile traders know the importance of these 0’s
14:24 Uttam : this will not stop moving higher till those shorts are taken out looks like
14:24 Sandip : Uttam the options in nf are still one sided up
14:24 Shai : I pay thousands more every month to Esignal as they are only the genuine data guys who show all these
14:24 Uttam : +100 Shai
14:24 Sandip : +100 Shai
14:24 Uttam : yes Sandip 1k pe OI rising away to glory
14:24 Uttam : 12k pe*
14:26 Uttam : 3IB misses by 1.5 points in NF 😉
14:26 MJ : fixed 🙂
14:26 Uttam : done to the dot
14:27 MJ : Yes even 2ib high was to the T.
14:27 Uttam : (14:01) Uttam : 12094 is 3ib
14:29 Uttam : 12115 & 12139-143 levels in NF above the last hypo tgt of 12096
14:30 Uttam : (14:24) Uttam : this will not stop moving higher till those shorts are taken out looks like
14:32 Anubhav : rs innf
14:33 Himanshu : Today- Uttam is on steering Wheel
14:33 Uttam : _/\_
14:34 Uttam : BNF needs to get above 31661 for a fresh leg up
14:34 Himanshu : Uttam is crushing Shorters –
14:35 Uttam : NF new highs but BNF still below that ext handle of Friday
14:35 Govind : Hypo E in BNF would be nice Uttam 🙂
14:35 Thanika : RS at 12105?
14:35 Anubhav : high looks done?
14:36 Uttam : yes BNF needs to catch up with NF
14:36 MJ : Uttam do you have july month futures data?
14:36 Uttam : but once it gets into beast mode, it can do it
14:36 MJ : Check vols there.
14:37 Uttam : in NF or BNF?
14:38 MJ : nf.
14:38 Uttam : NF nothing much na?
14:39 Govind : 31668 here
14:39 Uttam : not even 3L vols in jul NF
14:39 Uttam : for entire day
14:40 Govind : Beat mode on now? BNF?
14:40 Uttam : (14:36) Uttam : but once it gets into beast mode, it can do it
14:40 Govind : Beast*
14:40 MJ : Thanks uttam.
14:41 Govind : 31685 is weekly HVN
14:41 Uttam : 31720 small hurdle else BNF can tag new hgihs today
14:41 Govind : gone past
14:41 Uttam : 31894 3ib
14:41 Shai : yes is doing 744 BNF
14:41 Uttam : that 31500ce above 216 is rocking Shai
14:41 MJ : 298 done waiting for 330 🙂 (09:45) Shai : Intra – Buy 31500 call at 180 sl of 122 tgt298/ 330
14:41 Shai : sl below 620
14:41 Uttam : 298 here
14:41 Uttam : in that 31500ce
14:42 Uttam : boom boom
14:42 Govind : Can we carry Shai, or ID?
14:42 Shai : ID
14:42 Govind : nice!!
14:42 Shai : cover everying at 3.25
14:42 Govind : Ok Shai
14:42 Sujeet : but 31500 ws valid or did anyone trade abve 216?
14:42 Rushabh : shai COT strong?
14:43 Sumit : COT nagative in last 30 mints bar
14:44 Uttam : @Sujeet that CE was a nice buy above 216 with SL at 150
14:45 Uttam : high 316 so far
14:45 Uttam : (14:41) Uttam : 31720 small hurdle else BNF can tag new hgihs today…31718.75 high so far
14:46 Uttam : but should give way
14:46 Shai : Intra- BUy BNF again 31695 sl of 31605 tgt 31850. Trade a smaller size.
14:48 Rushabh : shai could you reply on tab 2?
14:49 Govind : That was a quick fall
14:50 Sujeet : prft bookng..might try to pass 31720
14:54 Uttam : trifecta in NF
14:56 Uttam : finally OI of 31500ce coming down
14:57 Govind : waiting for 3:05 move
14:59 Shai : Make exits in the last BNF longs at 31695 near cost here .
15:00 Govind : Struggling to get past those zeroes Shai?
15:00 Shai : yes
15:00 Shai : was hoping for ine last move in the upper DD
15:01 Shai : still good abv 31640 mind you
15:01 Shai : but time running out and day longs may book
15:01 Govind : Ok Thanks. WIll keep that in mind
15:01 Himanshu : Chief – Any thing to carry
15:01 Sandip : Nf seems to have held on still….but not good in last 30 mins
15:01 Sandip : perfect Shai
15:02 Shai : think we shoukld do 12015 F again tom
15:02 Shai : will respond tom
15:03 Sandip : Shai
15:08 Natarajan : 12115?
15:10 Shai : 12015 vwap
15:10 Shai : shoukd get buyers tom there is it comes
15:10 Uttam : and a chance for all those stuck shorts to exit Shai?
15:11 Govind : AG is back Uttam
15:12 Uttam : cool full time back as before?
15:12 Govind : It appears so
15:12 Govind : He looks much better
15:13 Uttam : good for him 🙂
15:16 Sandip : Could have made 25 more pts in Nf..but the last 30 min risk is just not worth it, if the day has already rewarded you before!! (15:01) Sandip : Nf seems to have held on still….but not good in last 30 mins
15:20 Jitender : 171 points fr NS as FM
15:21 Shai : almost there – (14:03) Shai : NF can spike to 12117
15:21 Shai : need one trip down to 12015 F tom to be sure of this move up
15:22 Shai : if no gap up we should get it
15:22 Uttam : but good chance for a gap up Shai?
15:23 Shai : no
15:23 Shai : but expecting ES to recover
15:23 Uttam : lots of hsorts in there today to puke if we gap up
15:23 Jitender : from 25th all selln to kill retailers & now new highs
15:23 Uttam : -11 L COT in NF
15:23 Shai : yes
15:24 Shai : it was 11L plus rollovers
15:24 Shai : will post chart on slack later
15:24 Uttam : rode that 12k combo from 127 to 147
15:24 Uttam : great Shai
15:25 MJ : Shai rolls today?
15:25 Shai : from rollover day
15:25 MJ : Ah okay.
15:25 Uttam : had placed order to buy that 12k ce at 87 & though low on charts showing 87.05, order got filled
15:25 Shai : COT was plus
15:27 Uttam : (14:45) Uttam : (14:41) Uttam : 31720 small hurdle else BNF can tag new hgihs today…31718.75 high so far
15:27 Shai : +1
15:27 Uttam : (14:29) Uttam : 12115 & 12139-143 levels in NF above the last hypo tgt of 12096
15:27 Shai : just fizzled there
15:27 Uttam : NF high 12118
15:27 Himanshu : chief any thing to carry
15:27 Uttam : @Himanshu better to enter after open
15:27 Shai : aggressive short in NF for 12015 cmp 12110 sl 12155
15:28 Uttam : will be much better to manage
15:28 Uttam : today’s profile in NF needs repair Shai?
15:28 Uttam : BNF is still in that composite
15:28 Uttam : waiting for RBI to give that move away
15:28 Shai : if we gap up abv 12155 F tom there would be a huge drive up else am expecting lower levels
15:28 Uttam : which means NF needs to retrace
15:29 MJ : Bye chief and everyone.
15:29 Shai : Bye all
15:29 Uttam : close at hgihs NF
15:29 Shai : Have a nice evening
15:29 Sujeet : bye all..was nice 1st day with MP
15:29 Uttam : thanks All 🙂 and have a lovely evening
15:29 Thanika : thanks all, bye
15:30 Amit : bye all
15:30 Shai : You are very late to the party @Sujeet. The party has been running for a long time here 🙂
15:30 Shai : do catch up 🙂
15:31 Sandip : bye all
15:31 Uttam : cheers Sujeet
15:31 Uttam : 🙂
15:31 Jayanth : bye 🙂
15:31 Deepak : BYE ALL
15:32 Himanshu : Bye chief – Bye Jit – Uttam and Other mats – Govind – Hope you had a good day