When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
BNF
Room Chat
08:51 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/399963069
09:25 Shai : (09:25) Shai : Intra – Buy 11800 ce at 54 sl of 44 tgt 69
09:37 Shai : (09:36) Shai : Exit from the 11800 ce at 56 now.
10:24 Shai : (10:24) Shai : Intra – Buy 11800 pe abv 46 sl of 39 tgt 62. cmp 44. Buy abv**
10:33 Shai : (10:33) Shai : Intra – Buy BNF 30422 sl of 30322 tgt 30590. Trade smaller size
10:43 Shai : (10:43) Shai : Cloe the BNF long trade at 30450 cmp
11:34 Shai : (11:34) Shai : Intra- Buy 11900 ce at 64 sl of 43 tgt 96
13:06 Shai : (13:05) Shai : Intra – Buy NF 11920 sl of 11890 tgt 11965/ 11985
13:32 Shai : (13:32) Shai : NF 11945book half and riase sl to 11919 on rest
13:55 Shai : (13:55) Shai : NF book fully or trail at 11950 F- (13:05) Shai : Intra – Buy NF 11920 sl of 11890 tgt 11965/ 11985
13:56 Shai : (13:56) Shai : Book full at 87- (11:34) Shai : Intra- Buy 11900 ce at 64 sl of 43 tgt 96
08:51 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/399963069
08:53 Chandrashekhar : GM all
08:53 Pramathesh : GM all
08:54 Shai : https://vtrender.com/market-profile-analysis-dated-3rd-feb-2020/
08:55 Manoj : good morning guys
08:57 Rajesh : Good morning all.
09:00 Rajan : Gm all
09:01 Shai : Bulls stay in control of the mini auction abovbe 11685 today
09:02 Shai : Orderflow did not show any big selling below 11670 F yesterday
09:02 Shai : 11770 F and 11811 F is where the big selleing came on Sat and our immediate regions to watch how buyers respond
09:03 Shai : 29900 F ref zone in BNF for buyers today
09:03 Shai : 30300 F is the big seller from budget day and any auction there needs to be watched in Orderflow
09:03 Uttam : Good Morning All 🙂
09:04 Indarpal : good morning all
09:09 Ketan : good morn room ! monday TPOS with their vol wgt put up in slack if anybody wants to use it !
09:13 Shai : that vol weighted is an avg? for 30 mins?
09:13 Shai : Thank you for sharing
09:14 Ketan : yes shai !
09:14 Govind : BNF opens right at 30300 🙂
09:15 Shai : And NF at 11770
09:15 Govind : Amazing
09:15 Shai : Mark these zones from Sat where sellers enetered
09:16 Govind : Yes Shai, already did
09:16 Shai : 30300 & 30604 & 3080 in BNF
09:16 Shai : 11810& 11885 and 11986 in NF
09:17 Govind : is the last number 30800?
09:17 Shai : 30800
09:17 Arjun : charts are struck ?
09:17 Govind : no Arjun
09:18 Arjun : yup. working now. Had to re login
09:19 Chandrashekhar : cot from 40 K to -5 k in the previous candle NF for 5 min
09:20 Uttam : NF for 11820?
09:20 Shai : yes headed to 11810
09:20 Uttam : 11700ce OI had srated dropping at close yesterday
09:20 Uttam : j
09:21 Chandrashekhar : +1 Uttam
09:21 Uttam : Jit also mentioned big players going long into the close
09:22 Chandrashekhar : OF charts going out of screen vision…NF
09:22 Tejpreet : GM All.
09:23 Tejpreet : +1 for Jit .
09:23 Vasant : bn 0sat top
09:23 Chandrashekhar : Thanks Shai
09:23 Chandrashekhar : adjustment needed for 30 min as well please
09:23 Shai : NF COt is plau
09:24 Shai : plus
09:24 Vasant : bnshai?
09:25 Shai : BNF abv 30300 only
09:25 Shai : Intra – Buy 11800 ce at 54 sl of 44 tgt 69
09:26 Chandrashekhar : +1 Shai
09:26 Uttam : (09:20) Uttam : NF for 11820?
09:26 Indarpal : charts stuck
09:26 Chandrashekhar : 11854 ref above 820 Uttam?
09:26 Uttam : woriking fine Indrapal
09:27 Indarpal : yup
09:27 Uttam : please refresh once
09:27 Indarpal : got it thanx
09:27 Uttam : 11847-867 – (09:26) Chandrashekhar : 11854 ref above 820 Uttam?
09:27 Chandrashekhar : Thanks Uttam
09:30 Shai : https://mplite.vtrender.com/?symbol=NIFTY&tf=daily&tpo=2&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
09:30 Shai : Keep this chart handy as we move back in the budget day profile
09:31 Uttam : BNF tags that HVN of 30355
09:32 Shai : yes abv that HVN get in to a 30500 call
09:32 Uttam : 30387 is that day’s VWAP
09:34 Govind : 30300ce from 158 to 182
09:36 Shai : Exit from the 11800 ce at 56 now.
09:37 Shai : Will buy a dip
09:38 Lakshay : shai add auto refresh every 5 min. must be some way around it
09:39 Shai : there are skips when it happens
09:39 Shai : usually when price moves beyonmd the bid ask
09:39 Shai : does not ahppen very often
09:40 Vishnu : shai cot became -1 lac
09:42 Shai : look at 5 min
09:42 Vishnu : ok shai
09:42 Shai : that 1 L ref is for 5 mins
09:45 Shai : I’ve put a live bid ask spread on the 30 min charts
09:46 Shai : https://global.gotomeeting.com/join/399963069
09:46 Chandrashekhar : How do we read this Shai?
09:46 Shai : spreads are bad
09:46 Shai : will explian in the webinar
09:47 Chandrashekhar : Super, thanks for that
09:47 Shai : let’s focus on the market now
09:47 Uttam : +100 Shai
09:47 Uttam : 10k red stuck in BNF at vwap?
09:47 Chandrashekhar : +2500 at bottome Uttam
09:49 Vishnu : 26 l vol here shai in a period
09:49 Shai : 11800 pe may drop to 43 cmp 63 sl abv 75
09:50 Boppanna : Gm all, late entry today..Uttam you doing a test of trendday vwap early morning in BNF?
09:50 Prakash : RS @ 11814
09:50 Chandrashekhar : 63 K red
09:51 Shai : Drive open meeting selelrsof budget day at 11810
09:51 Chandrashekhar : in NF 11814..longs liquidating Shai?
09:51 Uttam : done – (09:20) Uttam : NF for 11820?
09:51 Uttam : 11819.35
09:52 Jitender : 64k red nf ?
09:52 Uttam : 65k red yes Jit
09:52 Jitender : k
09:52 Uttam : this hypo done in NF – a) NF needs to sustain above 11712 for a move to 11735-744 / 11765 & 11800-820
09:53 Uttam : BNF completes this one – a) BNF needs to sustain above 30040 for a rise to 30100-150 / 30210-270 & 30352-364
09:53 Chandrashekhar : i am looking for ‘C’ Hypo to come to action uttam;)
09:54 Jitender : 30151 ?
09:55 Boppanna : Trend day vwap always important if not handled in IB then will be tough to push the rest of the day
09:55 Chandrashekhar : with this 68 k red..seems will take time..right uttam?
09:58 Boppanna : Uttam RBI on thursday?
09:59 Vishnu : yes bops
09:59 Pritesh : BNF not moving
10:00 Boppanna : thx Vishnu
10:05 Govind : reds @ hvn in BNF 🙂
10:06 Chandrashekhar : looks like longs are getting out at NF as well??
10:08 Uttam : 25k red plus 0s in BNF
10:10 Shai : 51- (09:49) Shai : 11800 pe may drop to 43 cmp 63 sl abv 75
10:11 Tejpreet : +1
10:11 Vijay : +1
10:12 Jitender : dii hv their way….money power wins
10:12 Boppanna : End of IB
10:13 Tejpreet : Anuj says wearing green on green track record maintained 😉
10:13 Shai : 🙂
10:13 Jitender : i saw it brk twice in jan alone
10:13 Jitender : theese guys
10:13 Shai : Was recycling back on charts yesterday
10:13 Tejpreet : i knew Jit will point that out 🙂
10:14 Shai : The biggest player was that seller at 12055 F on Friday
10:14 Shai : some how he knew
10:14 Shai : that qty was 3.2L
10:14 Vijay : 11800ce 46-69 done
10:15 Vijay : thanks shai for the convinction
10:15 Uttam : (09:27) Uttam : 11847-867 – (09:26) Chandrashekhar : 11854 ref above 820 Uttam?
10:15 Shai : BNF still shaky
10:15 Jitender : but u cant ignore theese guys..with the kind of noise power tey hv
10:15 Shai : NF going for 11886
10:16 Uttam : 11847 is here
10:16 Uttam : 11867 is the ext handle of that day
10:16 Uttam : both above the tredn day VWAO
10:16 Uttam : just as IB completes as per Bops instructions
10:16 Uttam : boom boom?
10:17 Vishnu : 0s ‘
10:17 Uttam : 11800ce writers feeling the heat
10:17 Tejpreet : 2l cot in 5 min
10:17 Uttam : 1.5L red at 11853
10:17 Uttam : mix of orders & loads of SL
10:17 Uttam : above that trend day VWAP 😉
10:17 Vishnu : 3.12 l cot minus
10:18 Tejpreet : yes most of positional shorts cleaned.
10:18 Sachin : closures of shorts?
10:18 Sachin : or real cot?
10:18 Uttam : forced closure 😉
10:18 Shai : 43 – (10:10) Shai : 51- (09:49) Shai : 11800 pe may drop to 43 cmp 63 sl abv 75
10:18 Vijay : Precision
10:19 Shai : Going long in 11800 pe abv 46 for 62 sl of 38. cmp 43
10:19 Govind : one more round in 30300ce from 178 to 201
10:19 Shai : end of up auction as we see it
10:20 Prakash : C-Side has stalled the move
10:20 Shai : use 11835F
10:20 Shai : or 46 in thye PE
10:20 Shai : below 11822 further 22 point drop to 11800
10:21 Uttam : BNF wqas able to negate that 25k red & the 0s will NF also be able to do it?
10:22 Uttam : C side ext though with a -3L COT on 5mins
10:22 Shai : C has massive vol hence 11835 to confirm
10:22 Uttam : +1 Shai
10:22 Uttam : if we break higher more SC could come?
10:22 Shai : those longs from 11650 F booking
10:24 Shai : Intra – Buy 11800 pe abv 46 sl of 39 tgt 62. cmp 44. Buy abv**
10:31 Shai : 0’s
10:32 Vishnu : taken out with 0 s
10:32 Vishnu : shai c has good vol and -4 l cot
10:33 Shai : Intra – Buy BNF 30422 sl of 30322 tgt 30590. Trade smaller size
10:35 Jitender : as NS said..wait till kts open on monday 🙂
10:35 Boppanna : Alos Uttam has asked RBI to cut rate big looks like
10:35 Jitender : tey cant cut
10:35 Jitender : no room
10:36 Boppanna : oh ok Jit
10:36 Chandrashekhar : @Shai, we have -1.4 lac cot in last candle..do we look for a counter trade below the 0’s@ 11855?
10:37 Shai : not here
10:37 Shai : mometum is there still upside
10:37 Shai : I’m watching 11835
10:37 Chandrashekhar : ok, thanks
10:37 Shai : (10:20) Shai : use 11835F(10:20) Shai : or 46 in thye PE
10:37 Chandrashekhar : +1 Shai
10:37 Shai : seller are here
10:37 Vishnu : means fresh sellers shai
10:38 Shai : we didn’t see this in the OF yesterday at 11650
10:38 Vishnu : yesss
10:38 Shai : don’t jump into shorts yet
10:39 Govind : 30500ce 108 to 136; 50% out
10:39 Shai : wait for right triggers
10:39 Vishnu : okk
10:39 Shai : 11910 it could do abv 11885
10:39 Jitender : fr a change m -0.4dt
10:39 Jitender : red mtm
10:40 Shai : But buyers have stopped doing a good job already- (10:15) Shai : NF going for 11886
10:40 Sagar : should i enter at the BNF at CMP
10:40 Boppanna : Jit day still starting wish u well
10:41 Jitender : tx man
10:41 Pritesh : LIC babu now will go to tea break
10:41 Jitender : usual triggers in OF wich usaully gv have taken Sls today….twice
10:42 Shai : just higher time frame players these
10:42 Jitender : yh
10:42 Shai : you don’t get a 180 pointer in 90 mins
10:42 Govind : You know you’ll bounce back Jit; as Bops sadi day is young
10:43 Prakash : Tagged 1.5IB of the day
10:43 Jitender : tx G
10:43 Shai : Cloe the BNF long trade at 30450 cmp
10:43 Govind : to me the takeaway is, process was followed and money will follow and there is no right or wrong
10:44 Shai : stay careful guys
10:44 Shai : This is a land mine here
10:44 Shai : can blow either side
10:44 Boppanna : D here
10:45 Govind : am all out
10:46 Vishnu : c this vol i never seen shai
10:46 Vishnu : 17 lakhs plus cot -.4.45lakhs
10:46 Sachin : all out, thanks shai
10:46 Vishnu : did 0.9dt now
10:48 Govind : congo Vishnu
10:49 Govind : 11k reds at bottom in NF
10:49 Govind : sorry, BNF
10:50 Ketan : shared TPOs so far on slack
10:53 Chandrashekhar : new high here
10:53 Jitender : budget was good now 🙂
10:54 Shai : 🙂
10:54 Tejpreet : lol
10:54 Ankit : indeed
10:54 Ankit : living in the world of illusions
10:55 Shai : for me the next few days and indeed this afternoon is this 11885- 11910 F
10:55 AmitN : 🙂 as NS said people read the fine print over weekend …
10:55 Shai : I’m expecting 11980 plus at clsoe if we are abv 11910
10:55 Shai : or down from here\
10:55 Jitender : simply wow
10:55 Sagar : should have hold that long target hit 🙂
10:57 Shai : BNF driving this now
10:58 Govind : 30600ce from 180 to 230;
10:58 Govind : 1.6dt done
10:58 Boppanna : 11am
10:58 Chandrashekhar : 11908 high so far
10:59 Jitender : 30.4ce 3100-361..phew
10:59 Jitender : finally green
10:59 Jitender : jmd
10:59 Govind : See 🙂
10:59 Jitender : 310
10:59 Govind : Congo man
10:59 Jitender : _/\_
10:59 Ankit : +1 jit
10:59 Pramathesh : +1
10:59 Ankit : no contra today.. gave enough
11:00 Jitender : congrats who all r in green
11:01 Tejpreet : +1 to green mtm guys
11:01 Ankit : red walon ko zyada motivation ki jarurat hai 😛
11:02 Prakash : 11916 is 2-IB
11:03 Chandrashekhar : 11894 Nov POC
11:05 Shai : 11900 ce supp at 43 supply at 60
11:06 Shai : yes hence 11910 F
11:06 Shai : mentioned it on budget day also
11:06 Vishnu : shai d not even plus cot stll that sellers are there?
11:07 Boppanna : Went contra 30700pe SL below 230 entry 250 reason Biggest neg Cot of the day on 5 min at 11am
11:08 Pramathesh : @Shai if POC is not visited for long time does it get weaker or less important?
11:10 Shai : Loonger tF traders can hold for 2 day to 2 weeks . Our charts are intra- (11:06) Vishnu : shai d not even plus cot stll that sellers are there?
11:11 Shai : neither- (11:08) Pramathesh : @Shai if POC is not visited for long time does it get weaker or less important?
11:11 Shai : there is a diff stratgey for trading that
11:11 Shai : expecting 11860 sl of 11910
11:12 Shai : Into 11900 pe as a punt for 91 sl of 62
11:13 Chandrashekhar : PE have been written heavily since open
11:13 Jitender : samosa n tea party in lic offc
11:13 Boppanna : lol Jit
11:14 Shai : 🙂
11:14 Shai : And FM just called the chairman and promotion was assured 🙂
11:14 Ankit : hehe
11:14 Jitender : yh
11:14 Prakash : Promotion before its Privatized 🙂
11:14 Jitender : 30.4ce 311-353
11:15 Boppanna : hmm stopped ..will relook above 250 that 30700pe
11:15 Vijay : they must have offered lots of ESOPS as well
11:17 Chandrashekhar : 11910 here
11:17 Chandrashekhar : 2IB in NF
11:17 Prakash : 2IB
11:19 Vishnu : 11980 still can tag shai?
11:20 Shai : buy abv 11916
11:20 Vishnu : ok
11:21 Prakash : 3IB 11999
11:21 Shai : closed 11900 pe in loss at 63
11:21 Prakash : all 3 trades have hit SL
11:21 Prakash : mine 🙁
11:22 Shai : contra not working
11:22 Shai : go with flow
11:22 Vijay : shorts getting squeezed big time
11:22 Vijay : PCR is at 1.14
11:22 Shai : E is also HH
11:23 Vishnu : today 3ib will hit by seeing the trnd
11:23 Ankit : looks like vishnu
11:26 Shai : let it manage 11910 – 11916
11:26 Vishnu : ys shai
11:27 Pramathesh : @shai 30mins NF charts need refresh
11:27 Shai : 11900 pe OI jumped
11:29 Boppanna : Uttam has ur BNF bull slept yet after the drunk dash
11:29 Pramathesh : thanks
11:29 Govind : a pullback/cool off would be most welcome here
11:29 Govind : has pulled back 100 points, BNF
11:30 Vishnu : pull back low near 890?
11:31 Jitender : bnf has done 3ib
11:32 Govind : Yes Jit
11:32 Vishnu : so nifty to do
11:34 Ankit : pheww
11:34 Ankit : good move
11:34 Shai : Intra- Buy 11900 ce at 64 sl of 43 tgt 96
11:36 Vishnu : donation trade done in banknifty 30700 pe for the half of profit todays. as per 3 ib rule
11:37 Uttam : wow what a comeback by bulls 🙂
11:37 Chandrashekhar : 11850 CE from 60-100 all out now
11:38 Uttam : this morning after open I made a note of only the bullish hypos in my book
11:38 Chandrashekhar : -80 K cot in both candles
11:38 Uttam : BNf hitting that vpoc of 30780
11:38 Rajiv : zero’s on top in NF
11:38 Govind : Uttam knew what was coming 🙂
11:38 Boppanna : Uttam pls do let us know the next time u do such things 🙂
11:38 Uttam : lol Bops
11:38 Chandrashekhar : +1 Uttam, ‘C’ hypo worked for me
11:39 Pramathesh : +1 UG
11:39 Boppanna : Tej what was NF when the tax new broke?
11:39 Boppanna : *news
11:40 Boppanna : BNF was 840-850 I remeber
11:42 Shai : 11895 Sl for longs now as auction manages 11910
11:42 Uttam : you mean 20th Sep NF Bops?
11:42 Boppanna : No budget day Saturday
11:43 Vishnu : almost budget day mid noon rate in banknifty and nifty
11:43 Uttam : Trend Day VWAP taken out so looks like another Trend Day we going to have today
11:43 Tejpreet : Bops 855 i guess
11:43 Boppanna : ok thx
11:43 Uttam : 11867 was ext hand,e
11:44 Uttam : so could be that but not sure as was not in the room that time
11:44 Boppanna : thx Uttam
11:44 Uttam : 11950 ke baad 11970-988
11:44 Uttam : NF looking awesome
11:45 Uttam : BNF for 30900 if stays above 30780
11:45 Chandrashekhar : dont say it loud Uttam..Nazar lag jayega 😉
11:46 Uttam : @Jit you there?
11:46 Uttam : Tej that 69 combo of closefrom 140 to 240 today 🙂
11:46 Uttam : did mention that will give a good move yesterday
11:46 Uttam : booked out early at 160 & 170 though
11:47 Tejpreet : +1 , youe combo timings are superb.
11:47 Uttam : this vtime it was the numbers 😉
11:47 Govind : 69
11:47 Tejpreet : 😉
11:47 Govind : COngo Uttam
11:48 Uttam : thanks Gov 🙂
11:48 Pritesh : Which was that UG?
11:49 Uttam : 11700ce+pe
11:49 Pritesh : hmmm
11:49 Pritesh : congrats..
11:49 Govind : 1200 point move in BNF since yesterday lows
11:49 Uttam : today C side did not fail cos was a drive open plus this was happening post IB – (10:17) Uttam : 11800ce writers feeling the heat
11:50 Vishnu : i smells rbi will increse rate this time . got from a source in rbi
11:50 Uttam : imbalance to balance & then to imbalance, so very simple to understand and accordingly trade the markets
11:50 Uttam : then buy double ;-p – (11:50) Vishnu : i smells rbi will increse rate this time . got from a source in rbi
11:51 Vishnu : so i bought pe 30700 weekly from the half of my todays profit
11:52 Vishnu : as govt has incresased the cad to 3.8 from 3.3
11:52 Vishnu : smells 0.25 bps hike
11:55 Uttam : HVN in that 30700pe forming at 195 can move away from it soon
11:56 Vishnu : down or up
11:56 Uttam : 30650 test coming in BNF?
11:57 Uttam : right now negotiating at the RO point
11:57 Uttam : 30780 if taken out then 650 view test gets negated
11:59 Vijay : 30800pe 240-270
11:59 Uttam : congo Vijay
11:59 Vijay : thanks UG
12:00 Uttam : that 30700pe needs to get above 222 & sustain
12:00 Uttam : for a probable move to 300 else could keep getting written
12:04 Uttam : above 30750 BNF can go for 0
12:04 Uttam : 30987
12:04 Boppanna : Uttam do we have the room chat messages on Budget day couldn’t find it the forum?
12:05 Uttam : no Bops, think that day’s chat got corrupted or something as Shai was not there in the room
12:06 Boppanna : ok cool
12:10 Uttam : 30700ce OI needs to start falling now
12:10 Uttam : 4L
12:11 Uttam : 30500 was an extension handle on Saturday and today also on the bullish side
12:14 Uttam : BNF has already done a 3IB day so no wonder it is consolidating
12:16 Jitender : Tej score ?
12:16 Uttam : 30657 to 30470 are singles in todays profile
12:16 Tejpreet : .2 DT WAS AT .7 ONE TIME
12:17 Tejpreet : sorry for caps
12:17 Jitender : me also 0.48
12:17 Jitender : looks ike new guys r doing much better
12:17 Ankit : nope
12:18 Ankit : its just trend guys are doing better
12:18 Tejpreet : they are quick learners.
12:18 Jitender : yh
12:18 Ankit : or people who are able to switch quickly views from contra to trend
12:18 Ankit : 🙂
12:18 Ankit : i was -1.2 Dt
12:18 Jitender : today is a day were wat u do daily or did …didnt work
12:18 Ankit : now 1.3 DT
12:18 Jitender : awesum…congrats
12:19 Ankit : precisely
12:19 Ankit : thx 🙂
12:19 Tejpreet : +1 Ankit
12:19 Pramathesh : +1
12:19 Jitender : but i will stick to wat i know….coz tats wat helps daily
12:19 Ankit : thx all
12:19 Jitender : today..if its less n green…its k
12:20 Ankit : yes Jit true… what works most of the days is better to stick to… net net mein positive rehna hai thats all 🙂 trend days are few
12:20 Ankit : +1
12:26 Prajwal Shetty : sl getting hit or greens at wrong place
12:29 Uttam : Done – (11:56) Uttam : 30650 test coming in BNF?(11:57) Uttam : 30780 if taken out then 650 view test gets negated
12:29 Boppanna : 14K and 13 K down BNF back in green
12:30 Prakash : anothere SL hit 🙂
12:30 Prakash : 🙁
12:31 Tejpreet : Prakash if 3 sl hit then quit for the day is a better option.
12:32 Ankit : agreed… can psyche your mind
12:32 Prakash : Well this was 4th & am out of trade for the day.. getting squeezed both sides.. 🙁
12:32 Bhavani : Stuck 74K, 37K greens in NF..?!!
12:32 Vishnu : laggards
12:32 Ankit : Shouldnt go below 11906 imo
12:36 Boppanna : Prakash ur trades where in NF or BNF?
12:36 Prakash : NF
12:36 Boppanna : ok
12:37 Govind : Prakash, it is best to stop trading after 4 losses, like Tej said. Don’t worry. Just go back and analyze your trades, whether you got your entry and exits right and come back tomorrow. We all have such days.
12:38 Prakash : Agree.. _/\_
12:39 Govind : Hammer time comin up Uttam
12:40 Chandrashekhar : NF trading at discount..
12:40 Uttam : Bop’s time you mean 🙂 but he has been hammreing the bears right from open today 😉 – (12:39) Govind : Hammer time comin up Uttam
12:40 Govind : 🙂
12:40 Boppanna : Just my two cents that I picked up in VT trading a trend day late do ur entries neat the lows of the previous TPO rather than play the breakout of the prvious TPO it will give save u some wrong entries
12:41 Boppanna : *near
12:41 Uttam : post F now new highs and we have done more than 2 IB & 3IB in NF & BNF so upside will retrace a bit
12:41 Ankit : totally agreed bops
12:41 Uttam : no new hgihs*
12:41 Boppanna : NOw G not made HH so hold on to fresh buys IMO
12:42 Jitender : 657 pivot nw
12:42 Jitender : 770 resis
12:42 Boppanna : And NF Shai’s 910 holding still so zone to watch as well
12:42 Vishnu : @ shai that call still running ?
12:42 Uttam : +1 Jit sustain it above 30762 & we can get 30984 by close I feel
12:42 KK : what’s 906 ?
12:43 Tejpreet : Uttam is 220 zone a hvn in the 30500 bn ce.
12:43 Uttam : lemme checl it out Tej
12:45 Boppanna : Uttam didn’t trade the morning session as biased for 30500 check and retrace which didn’t happen and trend day if ur not with the trend then better avoid..did some karate with 30700pe failed and somehow managed to get back in green in that 650 check
12:45 Uttam : 323 to 473 was the selling tail in that 30500ce on 1st Feb Tej from where it has taken resistance today
12:45 Ankit : +1 bops
12:45 Ankit : wisdom
12:45 Uttam : 100 point buying tail in that CE today from 140 to 245
12:46 Uttam : HVN today was right down at 100
12:46 Tejpreet : +1 high in that ce right at 347.
12:46 Uttam : 230 sup in it for now
12:46 Tejpreet : tks.
12:46 Ravi : @Uttam- all 30 min candles..except for the last one the current one are all negative cot..is it right to read that those could be buy limit orders covering the existing short positions created earlier?
12:47 Uttam : super Bops +100 green MTM is what matter
12:48 Uttam : right here now – (12:46) Uttam : 230 sup in it for now
12:48 Uttam : 230.2 low in this dip
12:49 Uttam : 261 now – (11:55) Uttam : HVN in that 30700pe forming at 195 can move away from it soon
12:50 Vishnu : booked at 255
12:57 Tejpreet : 220 to 250 on that ce , holding some with sl at cost…tks Uttam.
12:59 Jitender : 30.6ce 172-203
12:59 Jitender : .75 x
12:59 Pramathesh : +1
13:00 Jitender : tx
13:00 Tejpreet : +1 Jit … 0.4 for me.
13:00 Jitender : +1 Tej
13:00 Jitender : grt
13:00 Jitender : did half vols
13:04 Uttam : congo Tej & Jit 🙂
13:04 Shai : pull back looks done at 11896
13:04 Jitender : tx Uttam
13:05 Tejpreet : tks Uttam
13:05 Shai : Intra – Buy NF 11920 sl of 11890 tgt 11965/ 11985
13:21 Shai : pullback came right to thi9s point – (11:42) Shai : 11895 Sl for longs now as auction manages 11910
13:21 Pritesh : (y)
13:21 Govind : +1 Shai
13:22 Vijay : Used that reference point to enter 11900ce at 56
13:22 Shai : +1
13:22 Vijay : thanks Shai
13:22 Ankit : +1 vijay
13:23 Uttam : 30700PE OI rising now
13:23 Uttam : that 195 needs to go in it
13:23 Vijay : thanks Ankit
13:24 Chandrashekhar : 16K red at lows for previous candle
13:26 Govind : NF spot made new highs in that last move
13:27 Uttam : J period giving ext handle?
13:29 Vijay : IND vs PAK U19 match started, Who’s watching?
13:29 Tejpreet : Uttam BNF budget day high ?
13:29 Uttam : now lets see some 30700ce writers being removed
13:29 Uttam : 30990
13:29 Uttam : FA there
13:29 Tejpreet : tks.
13:29 Uttam : lets get there today Tej 😉
13:30 Tejpreet : bots get to work now 🙂
13:30 Uttam : Bops set his one at 1:45 I think 😉
13:30 Uttam : boom boom
13:30 Uttam : NF new highs
13:30 Uttam : BNF is acting pricey 😉
13:31 Tejpreet : bops are you trading NF today instead of BNF 🙂
13:31 Ankit : text book kind of day 🙂
13:31 Shai : Yes
13:32 Uttam : e) If 11900 is taken out, the auction go up to to 11925-950 / 11970-988 & 12010-20
13:32 Shai : NF 11945book half and riase sl to 11919 on rest
13:32 Jitender : +1
13:32 Boppanna : got in above Jit’s 657 but that 30700pe not let go Uttam’s 195
13:32 Uttam : 11949.95 high
13:32 Ankit : +1 shai
13:33 Uttam : 11 more mins Bops
13:33 Jitender : 730 dt boPs
13:33 Jitender : gettn sells tere
13:33 Uttam : RO point that is Jit
13:33 Uttam : in BNF
13:33 Boppanna : +1 Jit/Uttam
13:33 Jitender : k
13:34 Boppanna : 81K at top NF?
13:35 Ankit : thats why booked out… lets see how that behaves bops
13:35 Shai : BNF has to get over 30800
13:35 Shai : 800- 840 is where that big budget day selelr is
13:36 Shai : (09:16) Shai : 30300 & 30604 & 30800 in BNF(09:16) Shai : 11810& 11885 and 11986 in NF
13:37 Shai : COt turned positive as that quick adjustment of inventory got done
13:38 Ankit : yes chief !
13:38 Uttam : 30700ce OI still rising
13:39 Ankit : gap filled
13:42 Shai : Trail NF longs to 11935F
13:43 Shai : looking at 11973 with 10
13:45 Jitender : Shai..abt bnf ?
13:46 Shai : NTZ here 30800 was a very big seller that day
13:46 Jitender : k
13:47 Shai : 30786- 30655 range
13:47 Uttam : 30700pe from 204 to 168
13:47 Uttam : boom boom coming?
13:47 Shai : 11962
13:48 Shai : 5 mins left
13:48 Govind : 30800ce from 131 to 149
13:48 Uttam : (13:27) Uttam : J period giving ext handle?
13:48 Govind : +1 Uttam, can we do BNF too please
13:48 Uttam : for BNF only Gov
13:49 Uttam : NF already made new highs in I
13:49 Govind : we extended I this period
13:49 Govind : want new highs 🙂
13:49 Uttam : new hgihs needed BNF
13:50 Govind : I am out of all positions, just want to see how it negotiates that NTZ at 30800
13:50 Prakash : @Shai Great Shot – recovered all 4 SL with NF Long trade _/\_
13:51 Uttam : now that 30700ce OI trning down
13:51 Tejpreet : 100 on that 30500 ce , leaving just tiny qty wiy 260 sl for Uttam’s Ultimate tgt.
13:51 Uttam : super Tej
13:51 Govind : +1 Tej, a century 🙂
13:51 MJ : Uttam vwap for bnf on budget day was?
13:51 Uttam : 30387
13:52 MJ : Gracias.
13:52 Tejpreet : rarely trade bn and even rarely get 100 in bn options , tks guys.
13:52 Boppanna : +1 Trj
13:52 Boppanna : +1Tej
13:52 Jitender : congo Tej
13:52 Tejpreet : tks
13:52 Ankit : +1
13:53 Pramathesh : +1
13:54 Tejpreet : tks
13:54 Vishnu : nifty spot 3 ib at 12000
13:55 Shai : NF book fully or trail at 11950 F- (13:05) Shai : Intra – Buy NF 11920 sl of 11890 tgt 11965/ 11985
13:55 Ankit : +1 shai
13:56 Shai : Book full at 87- (11:34) Shai : Intra- Buy 11900 ce at 64 sl of 43 tgt 96
13:56 Shai : Much more conviction comes when OF and price align
13:56 Vishnu : shai 3 ib rule is applicable
13:57 Vishnu : can i try the bank nifty pe and nifty pe around 12k spot
13:57 Shai : 3IB is for tom
13:57 Vishnu : ok
13:57 Shai : no wait till 3.25
13:57 Shai : And half at 10.10 tom
13:57 Vishnu : thnks shai
13:59 Vijay : thanks shai
13:59 Jitender : 30.7pe 170-192
13:59 Vijay : 30800pe 220-250
14:00 Ravi : Great call to book Shai
14:07 Shai : close to that zone we marked at 31800 and 11985
14:07 Uttam : K can still do it what J missed
14:07 Uttam : 11930 ref in NF
14:08 Uttam : BNF POC back to this series’s RO point
14:16 Jitender : 30.6ce 223-241 finally DT
14:17 Ankit : gajab
14:17 Ankit : +1
14:17 Jitender : no gajab
14:17 Jitender : very slow
14:17 Ankit : in a way it is… because din kaisa bhi ho.. DT ho gaya!!
14:18 Vishnu : almost 1.3 dt done
14:18 Ankit : which in itself is very good 🙂
14:18 Jitender : +1 Vishnu
14:18 Ankit : +1 vishnu
14:18 Jitender : tx fr the consolation prizw Ankit 🙂
14:18 Jitender : prize
14:18 Ankit : hehe arey… 🙂
14:19 Jitender : 🙂
14:20 Govind : congo Jit, nice comeback man
14:20 Pramathesh : +1
14:21 Tejpreet : +1 jit
14:21 Jitender : dhanyavad bhailog
14:31 Govind : fight @ 30729
14:32 Vishnu : https://vtrender.slack.com/archives/C0F2VRTPW/p1580807013096000
14:33 Tejpreet : check this out -Now Buy 28300 PE is at 3:40 and Sell 28000 PE is at 4:20 weekly Banknifty
14:33 Tejpreet : one big option trader tweeted this.
14:37 Pritesh : As 28000 PE’s price is higher you will get the difference as premium
14:37 Jitender : Shai…close at highs or here only ?
14:37 Pritesh : isn’t it ?
14:38 Govind : who is it Tej?
14:39 Pritesh : Buy is to cover you sell & sell is to get get the premium
14:41 Shai : cpuld be here – (14:37) Jitender : Shai…close at highs or here only ?
14:46 Jitender : tx
14:49 Shai : 11936 to 11960 here
14:49 Shai : 11936 supp
14:51 Tejpreet : +1 Shai
14:51 Tejpreet : 956 printed and dt done finaly
14:52 Jitender : +1 Tej
14:52 Ankit : +1 tej
14:52 Jitender : battle fite today fr both of us
14:52 Pramathesh : +1
14:52 Tejpreet : tks guys.
14:53 Tejpreet : Yes jit ….this dt was difficult.
14:53 Uttam : super Tej 🙂 congrats
14:54 Tejpreet : tks Uttam
14:54 Govind : 112 to 128, 30800CE; all done
14:54 Tejpreet : +1
14:54 Ankit : +1
14:54 Uttam : 30700 combo both 186 here similar to NF’s 69 yesterday
14:54 Govind : 🙂
14:55 Uttam : boom boom
14:55 Tejpreet : just 25 points for 12k spot.
14:56 Tejpreet : bn guys atleast get a new high for bn .
14:56 Uttam : Jit needs to open the 3:05 lock 😉
14:56 Uttam : then can do 200+ also in 30mins or by tom open
14:58 Shai : This is going to 12050 again
14:58 Shai : tom or thur
14:58 Shai : have to buy dips
14:58 Uttam : 52k red in NF
14:59 Uttam : longs booking?
14:59 Shai : This is upp for tom also- (14:49) Shai : 11936 supp
14:59 Uttam : NF looking for 3 IB?
14:59 Shai : Good respon se seen
14:59 Uttam : +1 Shai
15:00 Vishnu : shai cot has higher figure
15:00 Vishnu : which not seen in by are on yes
15:05 Shai : There is a poll up. Please respond
15:05 Shai : https://global.gotomeeting.com/join/399963069
15:05 Shai : chart at above link
15:06 Vishnu : done
15:06 Vishnu : purple and red
15:06 Vishnu : whats that
15:06 Uttam : looks good Shai
15:06 Uttam : VWAP & POC
15:07 Vishnu : good of the puticular 30 min
15:09 Ankit : color code of vwap and vpoc as per mplite can also be good. eyes are already used to it.
15:09 Shai : okay- good suggestion
15:09 MJ : +1 ankit
15:09 MJ : Eyes tuned to mplite scheme.
15:10 Ankit : thanks 🙂 only catch would be to differentiate with green and pink bands of buyer seller imbaalnce. but should be fine
15:11 Suyog : shai, my suggestion, to have only 1 value in candle, preferable vpoc. vwap can have as info at top of bar, if possible.. overlaps will be taken care of..
15:12 Shai : okay
15:12 Suyog : just my thought.. hiding of OF should be avoided to max possible extent..
15:13 Shai : done
15:13 Shai : Thank you Guys
15:13 Ankit : thanks to you shai 🙂
15:14 Uttam : no colors? only white lines for POC like before right Shai?
15:14 Shai : yes curr is white
15:14 Uttam : +1
15:15 Shai : idea was to show price of that along with vwap oin the bar for a quick ref
15:16 Uttam : NF wants to close at highs but BNF playing spoilsport
15:16 Govind : bye guys, fun as always. see ya tomorrow
15:16 MJ : Chief, top of bar as Suyog suggests.Else this current setup is good too.
15:17 Ketan : its superb ! shai ! thanks !
15:19 Pritesh : UG, All this day cots suggest all longs are gone for weekly?
15:22 Shai : COT has alternated
15:22 Uttam : if longs gone then how come we are closing at highs Pritesh?
15:22 Shai : day COT is meaningless in a 300 point day
15:22 Uttam : +1 Shai
15:23 Uttam : BNF OI coming down in both 30700ce & pe
15:23 Pritesh : cool.. got it.. Thanks
15:24 Uttam : day after is RBI so tom could be range bunce but the balance in upper part today is looking for a move away
15:24 Uttam : with close at the dPO of 30720
15:24 Uttam : RO point also so looks set for a move
15:25 Vishnu : towards up ug
15:25 Vishnu : ?
15:25 Uttam : could be as CE OI reducing faster
15:25 Dhananajay null : what’s RO?
15:25 Uttam : Roll Over
15:25 Dhananajay null : ok
15:25 Shai : 12000 ce good Uttam?
15:26 Uttam : OI coming down in that also by a bit Shai but still way higher than the PE OI
15:26 Uttam : in fact Rajan just told me abt it
15:27 Shai : written at 67 that CE
15:27 Shai : they would try to hold it
15:27 Vishnu : 27l and 13 l ce/pe
15:28 Uttam : looks like those guys booking Shai?
15:28 Tejpreet : Bye All.
15:29 Pramathesh : bye
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Vishnu : bye all
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Ketan : thanks room ! have a good day !
15:30 Pritesh : Bye All
15:30 Pritesh : Have a great day ahead all..