Order Flow charts dated 5th Aug

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

30 Min Fp Nf 2 Order Flow Charts Dated 5Th Aug Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

30 Min Bnf Bid 2 Order Flow Charts Dated 5Th Aug Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


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 πŸ™‚
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 πŸ™‚
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 : πŸ™‚
09:42 Shai : the smiley was for the thought process πŸ™‚
09:42 Jitender : k πŸ™‚
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 πŸ™‚
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 πŸ™‚
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 πŸ™‚
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 πŸ™‚ 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 πŸ˜‰
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 πŸ™‚
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 πŸ˜‰
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 πŸ˜‰
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 πŸ˜‰
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 πŸ˜‰
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 πŸ™
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 πŸ˜‰
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 πŸ™‚
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 πŸ™‚
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 πŸ˜‰
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 πŸ™‚
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 πŸ™
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 πŸ™
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 πŸ™‚
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 πŸ˜‰
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 : πŸ™‚
15:05 Boppanna : Jit πŸ™‚
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 : πŸ™‚
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 πŸ™‚ have a lovely evening
15:30 TP : Bye All.
15:35 Himanshu : bYE ALL