Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade.
The way we see it is that Order Flow trading is a mindset. Well, instead of just looking for technical patterns, Trader should go a step further and think about what other market participants might do.
NF
BNF
Room Chat
09:38 Shai : Intra – (09:37) Shai : Buy 10800 put at 88 sl of 61 tgt 114
09:46 Shai : (09:46) Shai : 10800 puts at 101. Book half here and ride a few at cost
09:52 Shai : (09:52) Shai : Book out 10800 pe. we will reenter again
10:40 Shai : (10:38) Vtrender Live: 30 min charts – https://join.me/952-700-231
(10:40) Vtrender Live: option charts – https://global.gotomeeting.com/join/169489093
11:05 Shai : (11:05) Shai : Intra – Buy BNF 27620- 25 sl of 27535 tgt 27770. Trade 50%25 size for a samll bounce
11:10 Shai : (11:10) Shai : Exit if in BNF longs at cost here – 27625
11:45 Shai : (11:44) Shai : Intra – Buy 10800 pe again 82- 83 sl of 60 tgt 110
11:59 Shai : (11:59) Shai : Update – Make exit in the 10800 pe at 76-77 cmp .
12:30 Shai : (12:30) Shai : Intra – short BNF 27720 sl of 27835 tgt 27600
12:45 Shai : (12:45) Shai : BNf stopped out. Make exits
14:26 Shai : (14:25) Shai : Intra – Buy 10800 pe at 66 sl of 48 tgt 90
14:36 Shai : (14:36) Shai : Book the 10800 pe at cost cmp
09:07 Vtrender Live : option charts – https://global.gotomeeting.com/join/351577573
09:08 Govind : GM all
09:08 Govind : All NF/BNF constituents in red in pre-open.
09:08 Vtrender Live : 30 min charts – https://join.me/769-475-379
09:09 Chandrashekhar : GM all
09:09 Prudhvi : GM all.
09:09 Shai : Gm all
09:10 Thanika : GM all
09:10 Shai : https://vtrender.in/market-profile-analysis-dated-2nd-august/
09:10 Shai : https://vtrender.in/monthly-july-2019-charts-and-market-profile-analysis/
09:10 Shai : https://vtrender.in/weekly-charts-29th-july-to-2nd-august-and-market-profile-analysis/
09:12 AmitJ : gm all
09:14 Himanshu : Gm all
09:15 Gururaj null : GM all
09:15 Shai : bigger cut than expected but was in Friday price
09:15 Shai : let’s see if friday sellers cover
09:16 Shai : 10920 ref line for the open in NF
09:17 Shai : 27720 in BNF
09:18 Himanshu : 95 K Positive Cot in 5 mts
09:18 Himanshu : Chief seems covering slowly
09:20 Himanshu : some fresh -Ve 55k in NF .
09:22 Amjad : gm all
09:22 TP : GM All.
09:22 Amjad : no charts?
09:23 Govind : are there Amjad
09:23 Govind : refresh
09:24 Amjad : yes
09:24 Uttam : Good Morning All 🙂
09:24 Uttam : 12.5 L vol in first 5min in NF
09:25 Uttam : huge
09:29 Jitender : 2 trades..Dt done
09:30 Uttam : OD in both
09:30 Shai : Headed to 10757
09:30 Uttam : 21L in NF & 5L in BNF forst 15mins
09:30 Shai : Sl abv 10930 for day and review
09:31 Uttam : yes Friday’s FA gone so 1atr down at 11757
09:31 Uttam : 10758′
09:31 NP : 27500PE 190-245 …. booked fully …. 4DT Done
09:32 Govind : Wow, congrats Jit and Naren
09:32 Jitender : tx
09:33 Jitender : hope everyone is aware y usdinr has fallen ?
09:33 Amjad : y
09:33 Uttam : what a gap up there Jit
09:33 NP : Thanks …… lot of newsflow expected today ….. sitting on sidelines for next couple of hours at least
09:33 Uttam : 70.66
09:33 Govind : Yea Jit
09:33 Govind : am in TCS
09:33 Jitender : yuan has been depreciated below a crtical lvl+kashmir+global factors
09:33 NP : more fireworks once it crosses 71
09:34 Jitender : 70.80 resis as per tv
09:34 Amjad : thanks jit
09:34 Jitender : 27.6pe 213-314
09:34 Jitender : 2x done
09:35 NP : Congrats Jit
09:35 Jitender : tx n 2 u also
09:35 NP : Thanks
09:35 Jitender : wasnt tkn a sell abv 312.9..sayn circuit limit…n ten opened
09:36 Govind : Mr. Vix @ 17.23
09:36 NP : now this is getting UGLY …… is this going to be a trending down day ? (Million Dollar Question)
09:37 NP : BLACK MONDAY???
09:37 Uttam : (09:24) Uttam : 12.5 L vol in first 5min in NF
09:37 Uttam : Initiative selling
09:37 NP : that was huge
09:37 Shai : Buy 10800 put at 88 sl of 61 tgt 114
09:38 Govind : Great, in it already Shai 🙂
09:38 Shai : expensive
09:38 Govind : Yes
09:38 Shai : but best way to rid ethe move to 10757
09:38 Shubro : 27200 coming?
09:39 Govind : got in around 81
09:39 Shai : nice
09:39 Shai : move loooks clean to here – (09:30) Shai : Headed to 10757
09:39 Govind : +1
09:40 NP : 10800PE ……. 73-95 all out ………. another 3 DT added ….. holding NO Position now
09:40 Jitender : 8800 approx was stat od demo rally…we are still way abv it
09:40 Jitender : of*
09:41 Shai : 🙂
09:42 Shai : the smiley was for the thought process 🙂
09:42 Jitender : k 🙂
09:44 Shai : meanwhile trump would like SPX around 3500 next nov for his election and make it a big talking point of his campaign
09:45 NP : +1
09:46 Uttam : Shai 30min on joine me needs adjustment
09:46 Shai : 10800 puts at 101. Book half here and ride a few at cost
09:47 Uttam : thanks Shai 🙂
09:47 Jitender : he cud surprise n let it b also in the last 6 months
09:47 Jitender : (09:44) Shai : meanwhile trump would like SPX around 3500 next nov for his election and make it a big talking point of his campaign
09:48 Jitender : his rhetoric with trade talks is quite set
09:48 Jitender : wer 1000 dwn on bnf from fryday’s hi
09:48 Jitender : anyone gat a time m/c
09:48 Jitender : just need a 3 day back jump 🙂
09:49 NP : now the markets may not fall as fast as it was in the morning at least till 11-11.30am …… be cautious ….. at least put trailing SL to all the profitable positions
09:49 Jitender : large IB NP
09:50 Jitender : can rotate also in it
09:50 NP : +1
09:50 Bhupinder : @Uttam 2 ATR of monthly FA complete
09:50 Jitender : but lets c…
09:50 Jitender : C will b interestn
09:51 Uttam : yes Bhupinder 🙂
09:52 Shai : Book out 10800 pe. we will reenter again
09:55 Uttam : first stuck IS on 5min at 10835
09:55 Boppanna : GM all, that 28650 to 27600 we finished today morning that Shai had mentione was the clean trade of the week
09:56 Uttam : 27560 in BNF has 0s
09:56 Uttam : 10830 in NF
09:57 Himanshu : B in opp direction
09:57 Jitender : ys BoP
09:57 Govind : 27800 CE/PE OI crosed over, 27700 very close to crossing over but CE OI needs to go up a bit
09:58 Boppanna : Do you do these with glasses or just ur normal vision 🙂 09:56 Uttam : 27560 in BNF has 0s
09:59 Uttam : lol Bops so far normal vision
10:00 Uttam : D) Below 10848, lower levels of 10830-816 & 10791-785 could come into play…we are here right now
10:00 Uttam : Nifty Spot
10:00 Uttam : low so far 10788
10:00 Uttam : F) Break of 27660 could trigger a move lower to 27606-555/ 27490-474 & 27396-390
10:01 Uttam : BN low so far 27389
10:03 Boppanna : So Uttam draws the lines at 390 -660 on BN spot for now for futher action
10:03 Uttam : H) Staying below 27390, BankNifty can probe down to 27310 / 27240-225 & 27144
10:04 Govind : Weeklies in play already
10:05 Govind : PEs are so expensive, darn
10:06 Uttam : scary start to the Auguts month & Shai had been telling this that it can get very very bad
10:06 Govind : Yes Uttam
10:06 Himanshu : Mthly Remium wise 27000 is in play
10:07 Himanshu : Spot thats S2 – below which another 900 points may be Sept can do that
10:07 Uttam : we have a 500 point IB range here Himanshu & you want to wait till sep for 900 more 😉
10:07 Govind : 27700 CE OI has crossed over and rising
10:08 Uttam : first IB for the day forming in both
10:08 Uttam : lets see how we close this 5min
10:08 Uttam : 10845 & 27620
10:14 Boppanna : charts frozen?
10:14 Shai : yes
10:14 Shai : minor issue with main server
10:14 Shai : Give me a few mins – working to get it back up
10:14 Boppanna : sure Shai
10:17 Govind : 11am announcement from Amith Shah, not sure about what. Probably J&K
10:18 Govind : markets perhaps stalling for that before making next move?
10:21 Himanshu : classic bear trap todat
10:21 Himanshu : Long in BNF f from 27575
10:22 Himanshu : I trust Amit Shah
10:22 Himanshu : Seeing him in Gujarat controlling communal riots
10:22 Himanshu : But Kashmir is tricky issue is like Guj was lab project and this is real world – Let see
10:23 Jitender : prabhu..trade the screen
10:24 Jitender : not sentiments/emotions
10:24 Jitender : keep trailn n protect capital / profits
10:24 Jitender : 560 & 660 bnf both have )’s
10:24 Jitender : 0’s
10:26 Uttam : 19k green at vwap in NF
10:26 Uttam : RS there
10:26 Uttam : 10857
10:29 Shai : India to introduce J&K Reservation amendment Bill in Parliament Source: Bloomberg
10:30 Govind : Ok then, rumours confirmed
10:30 Shai : Home Minister @AmitShah Will Speak In Rajya Sabha At 11 am & In Lok Sabha At 12 pm
10:30 Jitender : so 35A gone
10:32 HPandey : yes most probably 35a
10:33 Boppanna : IMO BN just follow this hypo for ur entries and exits until the boundaries show or behave diffently with the OF until the news is out ….has been a clean one to trade both ways since morn 10:00 Uttam : F) Break of 27660 could trigger a move lower to 27606-555/ 27490-474 & 27396-390
10:33 Jitender : C extends B on up
10:33 Jitender : range so far (10:24) Jitender : 560 & 660 bnf both have )’s(10:24) Jitender : 0’s
10:34 Govind : +1 Jit
10:34 Govind : perhaps until the press conf.?
10:35 Jitender : yh//till 5mins before
10:35 Govind : I am in TCS, no positions in indices
10:35 Jitender : up2 dii..hw much tey pump
10:35 Jitender : fii in clr sell
10:35 Boppanna : +1 Jit
10:36 Jitender : fryday’s lows will b a resisi now
10:36 Jitender : twice defended n today brkn
10:38 Vtrender Live : 30 min charts – https://join.me/952-700-231
10:40 Vtrender Live : option charts – https://global.gotomeeting.com/join/169489093
10:41 Shai : ignore the previous codes and please use these
10:42 TP : ALERT | India Nikkei services PMI rises to highest level since July 2018
10:43 Bhupinder : 3 ib alert for NF in slack?
10:44 Govind : TP, this means expansion right, which is good?10:42 TP : ALERT | India Nikkei services PMI rises to highest level since July 2018
10:45 TP : no clues , but yes is positive sign .
10:47 Shai : ignore – we had to refill data and that alert gor misfired- (10:43) Bhupinder : 3 ib alert for NF in slack?
10:47 Uttam : 10800ce OI rising
10:47 Uttam : fresh move lower coming?
10:47 Govind : Yes and 10850 kissing
10:47 Uttam : C done so D ready to move?
10:49 Uttam : 0s at 11833
10:49 Uttam : 10833
10:49 Jitender : 660-580 scalped..as per Uttam’s )’s
10:49 Jitender : )’s
10:49 Jitender : 0
10:50 Uttam : congo Jit 🙂
10:50 Govind : Vix rising again, slow and steady this time
10:50 Jitender : tx
10:50 Uttam : 10800pe OI turning lower
10:51 Jitender : all sq…
10:51 Govind : +1 Jit
10:51 Jitender : +1
10:52 Uttam : Jit you got that 10k red stuck at your 27580 😉
10:53 Jitender : yh..
10:53 Jitender : but price was stalln..so i booked
10:54 Jitender : any fall in vix will anyways kill prem any side
10:54 Jitender : so waitn fr vols or any momentum now
10:56 Uttam : (10:47) Uttam : 10800ce OI rising(10:47) Uttam : fresh move lower coming?
10:56 Uttam : finally some greens in NF
10:57 Uttam : spot not making new lows still
10:58 Jitender : 51 red also at 10814
10:58 Uttam : oh no wonder COT didnt change into positive
10:58 Uttam : need a refresh Shai?
10:59 Himanshu : 3 IB alert in NF means – 200 points more from here
10:59 Himanshu : carnage – 10604
10:59 Uttam : that red gone Jit
11:00 Uttam : COT 38k green
11:00 Jitender : ys Uttam
11:00 Jitender : nw green
11:01 TP : @JIT keep us posted on tv newsflow.
11:02 Govind : Greens before Lok Sabha speech…10:35 Jitender : yh//till 5mins before
11:02 Govind : interesting
11:02 Jitender : Tej…bill inroduced
11:03 TP : tks
11:04 Uttam : FA today at lows will be awesome in NF 😉
11:05 Shai : Intra – Buy BNF 27620- 25 sl of 27535 tgt 27770. Trade 50% size for a samll bounce
11:06 Uttam : boom boom
11:06 Shai : damn – that hustled
11:06 TP : 58odd to 71 in 109k ce.
11:06 Uttam : super Tej +1
11:06 Shai : ++
11:07 Jitender : AS starts
11:08 TP : tks Chief n Uttam.
11:08 Rushabh : BN in?
11:09 Jitender : +1 Tej
11:09 Himanshu : have sold 26700 PE “@113
11:09 TP : tks Jit.
11:10 Shai : Exit if in BNF longs at cost here – 27625
11:10 NP : #QuickTrade #TVTrade ….. fastest finger first …… 27500PE 315-345 ….. all out …… total 10DT Done for the day ….. now will have my cup of coffee and watch all the fun from sideline
11:11 Govind : Congrats Naren, awesome!!
11:11 Shai : RB is good but rejection is also sharp at vwap
11:11 NP : Thanks Govind
11:11 Uttam : yes RS at 10862
11:11 Shai : even NF RB at 10813 points at 10886F
11:11 Uttam : and in BNF at 27670
11:11 Shai : will look at bNF abv vwap for same tgt
11:12 Jitender : starts spkn again after interuption (11:07) Jitender : AS starts
11:13 Shai : RS TV- https://www.youtube.com/watch?v=pZoilXWHKUk
11:13 Jitender : (10:33) Jitender : range so far (10:24) Jitender : 560 & 660 bnf both have )’s(10:24) Jitender : 0’s
11:14 Uttam : there was a nice Meme of Raga & Ghulam Nabi Azaad where he says your name is as confused as me as it has both slave as well as freedom in it 😉
11:14 Jitender : 370 scrapped
11:15 Shai : did he say that
11:15 NP : yes
11:16 NP : will be scrapped once President signs it
11:16 Uttam : that will happen once bill is passed right?
11:16 NP : he is putting up the bill for the same
11:16 NP : 370 and 35A
11:17 Uttam : now spot making new lows
11:17 TP : super exit in bn +1 chief
11:18 Shai : got big RS at vwap
11:18 Shai : 35 A also?
11:18 NP : yes
11:19 Himanshu : Article 370 to be revoked
11:20 Uttam : finally some strong steps being taken related to J&K
11:22 Jitender : RS adjourned
11:22 Himanshu : Welcome step
11:22 Himanshu : market will cj4heer
11:22 Himanshu : cheer
11:22 NP : no panic in market or lull b4 the storm?
11:22 Himanshu : now needs some releif in FPI issue and
11:22 Shai : not linked to market this
11:23 NP : no direct impact but indirectly it will affect the sentiment
11:23 NP : uncertainity
11:24 Himanshu : I want amit Shah in Finance
11:24 Himanshu : cross VWAP
11:24 NP : ha ha ha
11:24 Jitender : RS starts
11:24 Himanshu : Resolute Leadership
11:24 Himanshu : LIC – come now
11:25 Shai : BNf abv vwap
11:26 NP : Choppy Day ahead ….. staying out completely now …… will protect my gains
11:26 Himanshu : If we allow Trump now start tweeting on kashmir issue we are gone
11:26 Himanshu : am short in 26600PE and 26700 PE far away
11:26 Himanshu : just vix trade
11:32 NP : Govt moves to give Ladhak status of Union Territory without legislature #BREAKING @CNBCTV18News @CNBCTV18Live
11:33 Jitender : j&K to be UT with legislature
11:33 NP : Great Move
11:33 Jitender : J&K
11:33 Himanshu : Bravo ! 70 Year old problem in 70 days of secodn term
11:34 NP : Not J&K Jit …… Ladakh is going to be UT
11:34 Himanshu : Market to cheer not linked directly but ability of leadership to take bold actions
11:34 Jitender : second proposal is fr JnK also
11:34 Himanshu : I see higher closing
11:34 Himanshu : yes
11:34 Himanshu : J& K with legislator
11:34 NP : ohhhh … I missed that Jit .
11:34 Uttam : yes Jit both Ladhakh & JK
11:35 Uttam : to be UT
11:35 Jitender : flashn on Times Now
11:35 Himanshu : and ladakh direct Rule of Centre –
11:35 Himanshu : I mean governor to manage
11:35 NP : Amazing
11:36 NP : Markets need to respond positively
11:36 HPandey : no NP J&K is UT now
11:36 Uttam : both HPandey
11:36 HPandey : yess yes
11:36 Himanshu : Yes may be on book Pandeyji
11:36 HPandey : what a move…
11:36 Himanshu : but 370 was not allowing lot of central power
11:36 Himanshu : only 5 district has issue in J& K
11:36 Uttam : this is a presidential order so comes into effect immediately?
11:37 Himanshu : which supports sepratist
11:37 Uttam : no need of nay bill to be passed right?
11:37 Himanshu : rest all and Ladakh region – Will now open hugely for Tourism etc,,
11:37 Jitender : ys Uttam…as sson as it is signed & gazette published
11:37 NP : Yes Uttam with immedeate effect
11:37 Uttam : cool
11:37 Himanshu : NO state reorganisation goes thru houses
11:37 Himanshu : or then ordnance
11:37 Uttam : then why are these guys shouting & making a chaos in the house
11:37 Govind : Awesome
11:38 Himanshu : because those are boot leakers
11:38 Govind : here comes the move
11:38 Himanshu : MC BC
11:38 Himanshu : my blood is boling hearing Gulamnabi azad
11:38 NP : @ Uttam ….. unke dukan band ho jayenge na ab .
11:38 HPandey : boldest move by ny govt
11:38 Himanshu : yes
11:38 Uttam : that Mehbooba Mufti playing her dirty game on Twitter
11:38 Himanshu : that Bitch is
11:39 Uttam : her connection not taken out looks like 😉
11:39 Himanshu : now shall be handed over to Pak along with Omar and his fly and all those under arrest
11:39 NP : so many zeroes around vwap
11:39 Shai : yes was boiing from Friday noon that news
11:39 Uttam : FA coming?
11:39 Shai : thought Jammu also would be a UT
11:39 NP : seems
11:39 Govind : BNF above morning ref line
11:39 TP : need to be careful about the backlash and deal with firm hand , quickly.
11:39 Govind : zeroes
11:40 Uttam : yes Tej
11:40 Himanshu : In next reshuffle after this is over by year end – Amit Shah to be given finance
11:40 Shai : 27756 🙁
11:40 Shai : without the news slow could have traded the move
11:40 Govind : Yes Shai
11:41 NP : some selling pressure around 11880-85
11:41 Himanshu : Any was – out in PEs 27700 & 600
11:41 Himanshu : will enter again
11:41 Shai : 10881.75- (11:11) Shai : even NF RB at 10813 points at 10886F
11:42 Govind : people seem to love 370
11:42 Sai : good morning
11:42 Govind : the ones on TV that is
11:43 HPandey : are the charts slow? or its network problem t my side?
11:44 Uttam : speaker stars to kick out members now 😉
11:44 Uttam : starts
11:44 NP : yes
11:44 Shai : Intra – Buy 10800 pe again 82- 83 sl of 60 tgt 110
11:45 Shai : back to 10814
11:47 Shai : below 10845 faster drop to 10815- can double up below 845*
11:48 Himanshu : Indore calls stated coming again
11:50 NP : JammuAndKashmir to be a Union territory with Legislature, Ladakh to be made a Union territory without legislature.
11:52 Himanshu : AG is long
11:53 Surinder Sihag : no screen
11:55 Prudhvi : triple green band in nifty call option
11:59 Jitender : tis is all Himanshu & his LIC friends
11:59 Prudhvi : voting at 12:30
11:59 Shai : Update – Make exit in the 10800 pe at 76-77 cmp .
11:59 Uttam : no lunch break, this is how govt shd work
12:00 Govind : screwy market
12:00 NP : some buying in PSU banks emerging now
12:00 Jitender : no positions…so kosher fr me
12:01 NP : I am also watching all this fun from sidelines Jit
12:01 Jitender : vix declining
12:02 TP : Don’t think this will be a cakewalk , might go to court and take time ….more uncertainity for the mkts ?
12:02 Uttam : boom boom 2
12:02 Bhavani : Seems that president has signed the revoking order
12:04 Boppanna : An attempt to push out of Uttam’s hypo being made BN spot F) Break of 27660 could trigger a move lower to 27606-555/ 27490-474 & 27396-390
12:11 Himanshu : See market is so centred over FPI issue that – such a important event will be discounted in less than an hour
12:12 Himanshu : money know no boarders ..
12:12 Govind : Axis is leading this once again
12:12 NP : +1 Himanshu
12:12 Govind : spot prices are slowly moving up in ABNF, of individual stocks
12:13 Himanshu : some good midcaps can be bought SIP mode
12:13 Himanshu : I like Bombay Dyeing – Result today –
12:14 Himanshu : i had 3k sold at 148 – was bought at 110
12:14 Himanshu : now at 63 and result is good
12:14 Ashutosh : i have 10k bombay dyeing
12:15 Himanshu : +1
12:15 Ashutosh : stuck there now
12:15 Himanshu : Are – i sold asking chief on MP
12:15 Himanshu : as it failed to breach 165
12:15 Himanshu : i exited on way down at 145 and saved my profit
12:15 Ashutosh : i should have also done the same
12:15 Himanshu : but they closed some loss making subsidries and now in profit
12:16 Himanshu : and they have huge land bank in Mumbai which they are developing
12:16 Himanshu : they owe 3K to DHFL
12:16 Himanshu : 3k Cr to DHFL
12:16 Himanshu : which is also good for now that
12:16 Ashutosh : owe to DHFL, chor ke ghar chori
12:16 Himanshu : thats when chor was good
12:16 Himanshu : 650 level
12:16 Himanshu : So its good –
12:17 Ashutosh : great
12:17 Himanshu : 37-45 it has consolidated for 6 years
12:17 Himanshu : when in loss –
12:17 Himanshu : now in profit – will buy this month – as such is ex- dividend from 25th July
12:17 Himanshu : another to keep in radar is National Alumium
12:17 Ashutosh : sure
12:18 Himanshu : at 40 Rs – Dividend of 4.5 Rs
12:18 Ashutosh : thanks Himanshu for the sussestion
12:18 Himanshu : is 10 % better than FD
12:18 Ashutosh : suggestion
12:18 Gaurav : when is the ex divident date?
12:18 Gaurav : sry got that
12:20 Govind : that was quick
12:21 Shai : upmove ran out
12:21 Jitender : line at 825 held
12:21 Sai : 30 point short covering
12:25 Himanshu : Chief – let us know if BNF short call in F
12:25 Himanshu : though we might have 2 more spike up
12:29 Himanshu : govt gazzet is out
12:29 Himanshu : on 370 – have it in Whatsapp
12:30 Jitender : hv alrdy postd in random 🙂
12:30 Shai : Intra – short BNF 27720 sl of 27835 tgt 27600
12:38 Surinder Sihag : sl done in bankniftyy
12:39 Uttam : FA coming 🙂
12:39 NP : #ContraTrade ….. 28000CE ….. 160-200 ….. all out ….. decided to stay on sidelines but RR was too tempting to be missed
12:39 Uttam : (11:04) Uttam : FA today at lows will be awesome in NF 😉
12:39 NP : +1 Uttam
12:39 Rushabh : +1 uttam
12:39 TP : +1
12:40 Jitender : grt
12:40 Govind : +1 Naren
12:40 Govind : I am misfiring today
12:41 Himanshu : am playing 26700 and 27700 PE
12:41 Himanshu : short – safe as a hell
12:41 Himanshu : 10000 % was up today – from 7 rs to 145
12:41 Himanshu : so if vix falls down even a bit can do for me
12:42 Himanshu : and 800 points away from 800 points fall in morning
12:43 Jitender : +1
12:43 Uttam : BNF needs to sustain above 27920
12:43 Jitender : u can also shrt 27700ce/pe
12:44 Uttam : can do day high then
12:44 Jitender : if u can manage it
12:45 Shai : BNf stopped out. Make exits
12:45 Govind : Going for YLo, BNF?
12:45 Shai : still in IB
12:45 Govind : Yes, still 100 points away
12:46 Uttam : new day highs in NF finally
12:47 Himanshu : today 2.40 onward will be intresting – think will scratch down ..
12:47 Uttam : 10946 is 1 atr from today’s FA
12:47 TP : +1
12:47 TP : 11k ce 113 to 127 .
12:48 Uttam : super Tej +1
12:48 Govind : Congrats TP
12:48 NP : Congrats TP
12:49 TP : tks guys.
12:49 Jitender : +1
12:51 Himanshu : +1
12:52 TP : _/\_
12:53 Jitender : scalped 920-858 bnf
12:53 Uttam : 10860 test coming?
12:53 Himanshu : Out twice in 26700 PEs ( 114 to 75) and ( 75 to 48)
12:53 Uttam : if 10902 goes
12:54 TP : +1 jit/himanshu.
12:55 Jitender : tx
12:55 Jitender : wr r a caring lot at VT…aren’t we 🙂
12:55 Jitender : we
12:55 NP : Congrats Jit and Himanshu
12:55 Himanshu : Yes
12:56 Himanshu : VWAP test
12:56 Jitender : tx NP
12:56 Himanshu : I feel from there one more spike can come
12:56 Uttam : NF taking sup at PDL
12:56 Uttam : 10886
12:57 Himanshu : This week end I studied some Astro – angles
12:57 Himanshu : Sharing here a bit – capitulation moves can come on 8th , 16th, 19th and 20th
12:58 Himanshu : Reversal can start from 21st August – as Mercury Retrograde gets over on 20th Aug
12:59 Himanshu : Market is king and MP here is supreme – which superceds this – just if we see it aligning with OF data then brutal as will supported by Astronomy also..
13:00 Himanshu : Uttam
13:00 Himanshu : Will it do 80 % of todays profile ..by closing
13:06 Uttam : (12:53) Uttam : 10860 test coming?(12:53) Uttam : if 10902 goes
13:07 Uttam : 10871 so far after a brief stop at pdl
13:15 Himanshu : bigger spike coming seems
13:16 Shai : yes
13:16 Shai : dip buyers in today
13:16 Shai : HH from D
13:20 Himanshu : Asutosh Bombay dyeing 71
13:22 Ashutosh : yes
13:22 Ashutosh : looks like bottom made :p
13:24 Himanshu : may be
13:24 Ashutosh : will accumulate more
13:24 Himanshu : but today was reulst so -some dumping post resukt can come
13:24 Ashutosh : but the stock looks quite undervalued
13:24 Himanshu : but looks like 62-66 zone has buyers dly volumes is above 38 % on daily basis
13:25 Ashutosh : any update on WIC ?
13:25 Govind : another MB in BNF
13:26 Boppanna : BN spot 660 held in that pullback in G…next hypo is point to 880 so we are pushing back from 800 12:04 Boppanna : An attempt to push out of Uttam’s hypo being made BN spot F) Break of 27660 could trigger a move lower to 27606-555/ 27490-474 & 27396-390
13:27 Boppanna : *so far
13:28 Govind : it it gonna leave te MB and go up?
13:28 Govind : is*
13:34 Jitender : 607 from 647 combo (12:43) Jitender : u can also shrt 27700ce/pe(12:44) Jitender : if u can manage it
13:42 Govind : +1 Bops, 13:26 Boppanna : BN spot 660 held in that pullback in G…next hypo is point to 880 so we are pushing back from 800 12:04 Boppanna : An attempt to push out of Uttam’s hypo being made BN spot F) Break of 27660 could trigger a move lower to 27606-555/ 27490-474 & 27396-390
13:42 Govind : 27660 here in spot
13:44 Jitender : 27.4pe 165-205
13:44 Govind : Nice
13:45 NP : Congrats Jit
13:45 Jitender : spx tumbling
13:45 Jitender : tx guys
13:47 Govind : Uttam, do we have poor lows in BNF today?
13:51 Govind : 27700PE from 303 to 333, first decent trade of the day
13:51 NP : Congrats Govind
13:52 Jitender : congi Govind
13:52 Govind : Thanks bro, followed the weekly spot hypos, as we’ve run out of daily
13:52 Jitender : congo
13:52 Govind : Thanks Jit
13:54 Govind : Let’s see how long this dances around vwap, some greens here in BNF
13:55 Govind : full downhill since it pierced that MB lower line
13:56 Jitender : spx
13:56 Jitender : Shai…view on spx pls
13:57 Govind : Yeah Jit, SPX down 1.29%. That is HUGE!
13:57 Jitender : yh
13:57 Jitender : st line dwn frm 3012
13:58 Himanshu : pull back to POC and then dump
13:58 Govind : So, more downside possible I guess right?
13:58 Govind : Yes, vertical move
13:58 Himanshu : Let see – some downside buying has happend
13:58 Himanshu : Insiders have some news over some ammendements in FPI issue and rate cut –
13:59 Himanshu : 55 REd in NF stuck ..
13:59 Himanshu : or my be booked profit of morning trade
13:59 Jitender : Govind wen spx is dwn in m=overnie session…..py usually recvrs in daytm
13:59 Govind : 2pm here, things will clear up now
14:00 Rushabh : yes jit
14:00 Boppanna : NF 55K red at dpoc
14:02 Govind : Ok Jit
14:03 TP : Uttam what plans for NF …..NC/NE ?
14:09 Uttam : such a nice bell in NF
14:10 Uttam : with FA at lows and probable FA at hihgs
14:11 TP : hmm so a dull close 🙁
14:13 Jitender : sc cn happn
14:13 Himanshu : Bop borke 666 in BNF spot
14:14 Uttam : so JIt giving Ne up Tej
14:14 Uttam : 10446 or usse bhi jyada?
14:14 Uttam : 10946
14:16 TP : first needs to sustain above 895.
14:16 Gaurav : uttam giving room a sace
14:16 Boppanna : Still decidindg around there 14:13 Himanshu : Bop borke 666 in BNF spot
14:16 Govind : No 2pm fireworks today 🙁
14:16 Gaurav : scare
14:16 NP : weak shorts may cover but strong short covering only above 10900 Spot Nifty …… what say Jit
14:17 Jitender : abv 820=870 & 920
14:18 Jitender : below vwap close looks less likely
14:18 Govind : +1 Jit
14:18 NP : +1 Jit
14:18 Govind : been long at vwap
14:20 Boppanna : Someone push that 28000 ce above 177
14:20 Ashutosh : done
14:20 Jitender : trailn is must
14:21 TP : Watch out for TAMO …..Jaguar posts double-digit sales growth in July, in the U.K.
14:24 Jitender : m out at cost
14:25 Govind : Good exit Jit
14:25 Shai : Intra – Buy 10800 pe at 66 sl of 48 tgt 90
14:25 Jitender : +1 G
14:26 Jitender : tej was siittn with a bat at 820
14:26 TP : +1 Jit , good exit.
14:26 Jitender : tx
14:26 Shai : BNF shoukd also do that 27610 test now
14:26 Shai : one time frame stopped
14:28 Boppanna : Shai NF SL if in futures
14:29 Shai : 10910 safest
14:29 Boppanna : thx
14:32 Jitender : (13:56) Jitender : Shai…view on spx pls
14:33 Shai : will update- charts are not complete
14:34 Jitender : tx
14:35 Ashutosh : only wipsaws
14:35 Shai : yes
14:35 Shai : not steady this auction
14:35 Govind : whippy
14:36 Shai : Book the 10800 pe at cost cmp
14:36 Ashutosh : yes should have stopped trading in the morning itself
14:36 Shai : may close here
14:36 Shai : will review it tom
14:36 Ashutosh : yes day done
14:36 Shai : normal day after a long time
14:36 NP : (11:26) NP : Choppy Day ahead ….. staying out completely now …… will protect my gains
14:37 Ashutosh : yes m down from 3DT to 2DT after 1 pm
14:38 Govind : Wise man, Naren. Lost 2 dt, then recovered 1 dt. Will stop here.
14:39 Uttam : spike coming?
14:39 NP : I also use to these kind of things in my early days ….. finally realised “Overtrading is a SIN” …. it takes time to relise this but once you realise this you will stop overtrading forever
14:39 Boppanna : SPX making new lows
14:39 Himanshu : Can sell 26800 PE
14:40 Govind : Yes Naren, I’ve gotten much better at this. Today was just a case of bad trades and not so much overtrading though
14:41 NP : having said that I still do some Unforced Errors ….. but that’s a part of trader’s life
14:43 Govind : +1 Naren. Thanks for sharing
14:43 NP : aaj algo kya karega?
14:44 Govind : Anu is on vacation no
14:44 Govind : Algo is off too 🙂
14:44 NP : ha ha
14:45 Govind : bloody 100 point swings in 5 minutes, crazy bnf
14:45 Jitender : vix
14:46 Ashutosh : what does bnf want in life
14:46 Govind : Yeah Jit
14:46 Shai : I don;t have VA and POC data from aug 1 for this , regret not getting data – (14:32) Jitender : (13:56) Jitender : Shai…view on spx pls
14:46 Jitender : np chief
14:47 Shai : will mail esignal and find out the issue
14:47 Jitender : k
14:47 Jitender : trader’s peace (14:46) Ashutosh : what does bnf want in life
14:47 Ashutosh : lol
14:47 Govind : sideways till wednesday Jit, assuming no new news until then?
14:48 Jitender : cant say
14:48 Jitender : can do nythn
14:48 Jitender : up2 spx nw
14:48 Jitender : we want to go up
14:48 Govind : Ok
14:49 Jitender : currency also will make it weak
14:49 NP : Finance Secy has told CNBC-TV18 that @FinMinIndia is to hold a number of meetings with officials from various sectors of the economy.
14:49 Govind : GN Azad sounds extremely upset
14:49 NP : +1
14:49 Ashutosh : today entire day we wanted to go up but someone was doing cash selling at every rise
14:50 Himanshu : Thanika is doing cash selling
14:50 Himanshu : haha
14:50 Ashutosh : 820 again bnf
14:50 Govind : look, another 80 point move, damn girl
14:52 Jitender : DII r determined
14:52 Rajiv : Lots of greens here 14:52 Jitender : DII r determined
14:52 Govind : At least, TCS did what I asked it to do. 2260CE from 41 to 48.4
14:52 Govind : phew
14:52 TP : (14:16) TP : first needs to sustain above 895.(14:39) Uttam : spike coming?
14:53 Uttam : yes all depend on the 3:05 move if any coming now or will close inside the bell
14:55 Jitender : bnf is telln…dont trade me
14:55 Ashutosh : wtf]
14:55 Govind : Yeah, please say away.
14:55 Govind : stay*
14:55 Bhupinder : Uttam today’s spot H/L are weekly IBH/IBL: 10895/10782
14:56 Bhupinder : first 5 hs
14:58 Ashutosh : amit shah trading today ?
14:58 Jitender : 580 …neat trade (13:34) Jitender : 607 from 647 combo (12:43) Jitender : u can also shrt 27700ce/pe(12:44) Jitender : if u can manage it
14:58 TP : good one
14:58 Uttam : yes Jit +1
14:59 Jitender : +1 guys
14:59 Uttam : Amit Shah must have booked out in the morning before he started his speech 😉
14:59 NP : ha ha ha
14:59 Uttam : yes Bhupinder 5 hour h/l
15:01 Uttam : 3.05 cometh…
15:01 Himanshu : short in 26700 pE
15:02 Himanshu : 61 Rs
15:02 Himanshu : let – see
15:02 Himanshu : no volume there is
15:02 Jitender : spx recvrd by 8 bps
15:03 Uttam : dpoc here at 10885
15:03 Uttam : bnf too 27750
15:03 Govind : Never realized how sensitive our indices are to SPX until I cam to this room Jit
15:03 Govind : came*
15:04 Jitender : it disconnects very easily also,….just kkep it as ref
15:04 Govind : Alright
15:05 Jitender : cmon dii
15:05 TP : 🙂
15:05 Boppanna : Jit 🙂
15:06 Govind : Another MB in bnf, move may come
15:12 AmitJ : screen gone
15:12 Himanshu : yes screen come now
15:12 Himanshu : by the time was typing
15:14 AmitJ : +1
15:14 TP : ok jit booking my 11k ce , can spike up now.
15:14 Jitender : 🙂
15:15 Jitender : 742-805..half book
15:15 TP : +1
15:15 Jitender : to u also bro
15:15 TP : tks
15:15 Jitender : FM on tv sayn open to listen 2 FPIs
15:16 Uttam : so now NS also trading the markets
15:16 Uttam : 10946 aayega kya?
15:16 Uttam : 13 mins to go
15:16 Govind : FM saying something?
15:17 Jitender : (15:15) Jitender : FM on tv sayn open to listen 2 FPIs
15:18 Himanshu : YES
15:19 Rajiv : bought time before the next move down? 15:17 Jitender : (15:15) Jitender : FM on tv sayn open to listen 2 FPIs
15:20 Boppanna : No Uttam it was all Jit 15:05 Jitender : cmon dii 15:16 Uttam : so now NS also trading the marketsX
15:20 Govind : so much for an upmove
15:21 Jitender : i wish i had the power
15:21 Govind : day turned into an ‘event’ day
15:21 Jitender : Rajiv….if we r abv fryday’s lows 2mrw n spx bounce we will bounce
15:22 NP : ek din bada gap up karke kand karenge ye
15:22 Shai : 10920 and 10968 still supply for tom
15:22 Shai : Normal day
15:23 Shai : anything closer to 10968 F tom should invite sellers again
15:23 Shai : 28140 supply tom in BNF
15:23 Jitender : Shai…wats yr view ..have we made sum srt of ST bottom ?
15:23 Shai : no
15:23 TP : Shai give up zone for sellers ?
15:24 TP : 11025 NF ?
15:24 Jitender : k (15:23) Shai : no
15:24 Shai : TP swing is stble for lower levels below 11090 RS now
15:25 Shai : we should be closer to 10750/ 10726
15:25 TP : tks chief.
15:26 Shai : just that RR is becoming equal from heavy bearish mindset with 10600 as MT level for spot closeby
15:27 Shai : in any case if bears cover in this zone 10800 spot they shoukd be looking to come back in the game at 11500- 11600
15:29 Azmath : NS FA at bottom
15:30 Shai : okay
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 TP : Bye All.
15:35 Himanshu : bYE ALL