Order Flow charts dated 6th Dec

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

Vol Pic2 Nf 1 Order Flow Charts Dated 6Th Dec Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic 2 Bnf 1 Order Flow Charts Dated 6Th Dec Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:52 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/405642789

09:01 Shai : https://vtrender.com/market-profile-analysis-dated-05th-december/

09:21 Shai : (09:21) Shai : intra- Buy BNF 31850-55 sl of 31755 tgt 32100

09:33 Shai : (09:33) Shai : Book the BNF trade at 31895 cmp

11:06 Shai : (11:06) Shai : Intra – Buy NF abv 12053 sl of 12035 tgt 12080 . Buy abv only**

11:27 Shai : (11:27) Shai : Intra- short BNF 31710 slo of 31850 tgt 31555

11:48 Shai : (11:48) Shai : BNF can part book here but sell the rise again

12:24 Shai : (12:24) Shai : Intra – short BNF again 31700 sl pf 31840 tgt 31557

12:53 Shai : (12:53) Shai : Reduce size in BNF 31650- 655

13:33 Shai : (12:24) Shai : Intra – short BNF again 31700 sl pf 31840 tgt 31557

13:34 Shai : (13:33) Shai : Book full- (12:24) Shai : Intra – short BNF again 31700 sl pf 31840 tgt 31557

13:37 Shai : (13:36) Shai : Intra- Keep a new short open in BNF below 51530 sl of 31629 tgt 31420

14:13 Shai : (14:13) Shai : Book fully if in


08:52 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/405642789
08:55 Rajiv : GM everyone
08:55 Chandrashekhar : GM all
08:56 Shai : GM all
08:57 Shai : 12045 and 12080 are 2 ref zones as we step into the morning
08:58 Shai : 12080 for all the stuck volume and long liquidation of post RBI auction
08:58 Shai : is the bigger ref for bulls to take out
08:58 Shai : still a lot of defence through RB’s coming at lower levels in the NF which is surprising to see
09:01 Prashant : GM!
09:01 Shai : https://vtrender.com/market-profile-analysis-dated-05th-december/
09:02 Govind : GM all
09:03 Govind : Shai, any BNF refs to watch out for, other than Uttam’s profile report?
09:04 Uttam : Good Morning All πŸ™‚
09:05 Shai : RO point 32110- 160 meeting supply
09:05 Shai : most important level to watch necxt few days
09:05 Uttam : we have a FA there too now πŸ™‚
09:05 Uttam : both on dauly as well as weekly
09:05 Uttam : daily*
09:07 Govind : FA at 32173, right Uttam?
09:07 Uttam : yep
09:07 Govind : Ok, thanks guys
09:07 Uttam : today’s will give good confirmation
09:08 Govind : +1
09:08 Uttam : today’s close i meant
09:09 Tejpreet : GM All.
09:09 Tejpreet : wc back Jit.
09:10 Jitender : tx bro πŸ™‚
09:11 Uttam : where had you been Jit, rare to miss you on an event day
09:12 Jitender : was in jaipur fr a dest weddn…..
09:12 Uttam : cool πŸ™‚
09:12 Uttam : so back after a good break
09:12 Jitender : was hectic…tried 2 log in once but was pulled bck in2 the celebrations
09:12 Jitender : definitely (09:12) Uttam : so back after a good break
09:13 Uttam : hmmm yes did see your name popping up
09:13 Jitender : πŸ™‚
09:18 Chandrashekhar : OAIR so far..
09:19 Shai : +1
09:21 Shai : intra- Buy BNF 31850-55 sl of 31755 tgt 32100
09:27 Shai : A volumes reducing even more
09:28 Uttam : 11l green in BNF
09:28 Uttam : 11k
09:28 Uttam : yes very low vols especially in NF
09:28 Uttam : just 5L
09:31 Govind : PSU banx not helping
09:31 Uttam : another 10k green in BNF
09:33 Boppanna : BNF moving
09:33 Shai : Book the BNF trade at 31895 cmp
09:34 Chandrashekhar : that 35 k reds for Nifty @ 12073 is not seen on 30 min charts
09:34 Chandrashekhar : Uttam do you see the same..
09:35 Boppanna : Shai reason for exit BNF?
09:37 Shai : selleers in – RS bnf
09:37 Boppanna : ok thx
09:38 Shai : just under 12069- (09:34) Chandrashekhar : that 35 k reds for Nifty @ 12073 is not seen on 30 min charts
09:39 Chandrashekhar : thanks shai..the levels weren’t matching ..wanted to clarify..
09:40 Shai : yes just scaler sometimes makes it look out by 1-2 points
09:40 Shai : display limitation
09:40 Chandrashekhar : got it..makes sense
09:41 Shai : working with 0.05 increment in the 5 mins and 1 in the 30 mins
09:41 Shai : just logistics
09:41 Uttam : RS once again in NF at 12080
09:42 Uttam : lets see if we can get a IS
09:42 Shai : No OTF and RS was showing so makes sense to bag what we have- (09:37) Shai : selleers in – RS bnf
09:43 Chandrashekhar : for IS…do you take any vol into consideration Uttam?
09:43 Uttam : NF taking sup at VWAP for now
09:43 Chandrashekhar : or just the pattern formation?
09:43 Boppanna : Uttam NF did ur move from 12055 to 80 today
09:44 Uttam : now lets take it back to 12055 πŸ˜‰
09:44 Amit : anyone else expericeing the issue with zerodha exiting my long postions but after some time its still showing in my postions and cant exit them now
09:44 Govind : Amit, in the ORders tab is it showing as Rejected ?
09:44 Boppanna : @Amit is the exit order is executed then u r fine..just log off and log in
09:44 Govind : Whatever you do, don’t push the button twice
09:45 Amit : yes govind
09:45 Govind : Then log out and log back in
09:45 Govind : it is working fine for me
09:45 Amit : let me try thanks bops and govind
09:47 Jitender : 12.1pe 93-109 (08:58) Shai : 12080 for all the stuck volume and long liquidation of post RBI auction
09:47 Jitender : tx Shai
09:48 Boppanna : Nice Jit straight drive first over πŸ™‚
09:48 Amit : zerodhas buy and cells are messed up for me.. sold nf but on exit still showing sell window πŸ™
09:48 Uttam : RB coming in NF, low vols today
09:48 Amit : sell*
09:49 Jitender : same lvl gt heavy vols on monthly expiry BoPs
09:49 Jitender : tx
09:49 Chandrashekhar : RS on top..RB on lows…
09:49 Uttam : IS at 12073
09:49 Uttam : but RS at 12080 is main level to watch now
09:49 Tejpreet : Nice exit BN .
09:50 Boppanna : +1
09:50 Favas : guys zerodh down?
09:50 Vijay : its workin fine
09:51 Uttam : Done low of 12052 so far – (09:44) Uttam : now lets take it back to 12055 πŸ˜‰
09:51 Boppanna : Looks fine here so far
09:51 Boppanna : kite
09:51 Chandrashekhar : +1
09:51 Favas : my position missing
09:52 Favas : not ble to exit
09:53 Tejpreet : icicidirect sending mail , 5 rs per lot /20 per trade brokerage ……buggers used to charge me 110 plus per lot πŸ™‚
09:54 Niraj : RELIANCE GETTING IN AGRESSIVE MODE
09:54 Uttam : πŸ™‚
09:55 Boppanna : hmm sometimes browser issue as well in kite I try a different browser when it positions tab behaves funny..if that also doesn’t work then u are at Zerodha’s mercy
09:56 Uttam : NF above yPOC of 12045
09:56 Favas : phone lines down
09:56 Uttam : needs to break that for more weakness
09:56 Prashant : One should check order book and ensure that exchange order id exists. If there is exchange order id is there, one should be good.
09:57 Prashant : sorry, I typed very fast. But, hope it’s clear
09:57 Uttam : right now between the 2 hvns of 12090 & 12045
09:57 Prashant : download executed order book for your referenec
09:57 Amit : many ppl having issue https://outage.report/zerodha
09:58 Boppanna : ok then Markets will be oscillating here with low volumes ?
10:02 Chandrashekhar : B within A ..so far
10:02 Ankit : psu banks falling
10:03 Ankit : midcaps falling
10:03 Uttam : that stuck seller of 15k exited looks like
10:03 Uttam : 10k grene ast top
10:04 Shai : OAIR
10:05 Shai : No adventures
10:05 Shai : we wait for OTF
10:05 Abhiraj Dhamija : hi , what delta bias can be made so far in the market !
10:05 Shai : friday so could be a big afternoon coming up
10:05 Shai : keep the powder dry and save emotional capital
10:05 Boppanna : +1 Shai
10:05 Uttam : +1 Shai
10:10 Azmath : Issue with position displayThere might be a delay in the positions being updated on Kite. Please check your orderbook before adding or exiting positions. BO and CO orders have been blocked temporarily.
10:13 Niraj : ok sir
10:16 Uttam : C side in BNF
10:16 Uttam : NF to follow?
10:16 Uttam : 20k green at 31771
10:16 Uttam : 31776
10:19 Shai : 31720 doable below that 20k player
10:20 Shai : safe abv 31815
10:20 Shai : he would be
10:20 Shai : for now tricky
10:21 Vishnu : c period going on
10:21 Shai : yes’
10:21 Shai : still in 1st part of c
10:22 Shai : he can puke
10:24 Uttam : 41k at 12050
10:24 Shai : 751
10:24 Uttam : 12045 tag done
10:30 Chandrashekhar : 14 more min to confirm ‘C’ side extn uttam?
10:31 Govind : Zerodha issue resolved, says Zerodha
10:31 Chandrashekhar : yes..seemsworking fine now…
10:32 Amit : yes fine now … but got saved by market … had exiting half short before issue happend and half exit order during the time but isstead it got added back .. and now exited ..
10:34 Uttam : @Chandrashekar has been above IBL most part & even got to VWAP
10:34 Uttam : not next move would be either scale above VWAP or this time IBL break can give more downside
10:35 Chandrashekhar : yes..but has to sustain there until C session is done right…correct me if wrong
10:35 Uttam : if gets above VWAP then chance of another FA toay
10:36 Chandrashekhar : what is C session ends below IBL..then Cext is void right?
10:36 Chandrashekhar : what if*
10:37 Uttam : need to see how much time it spends below IBL
10:37 Uttam : for now not even 5-10mins
10:38 Boppanna : Chandra its a trade setup if C fails to sustain vwap then the next thing to watch how well D manages IBL if it gets below
10:38 Uttam : but the rejection at vwap is a clue
10:38 Uttam : C side ext has already given a mvoeto VWAP
10:38 Chandrashekhar : hmmm got it…willhave to learn to connect these dots..
10:38 Chandrashekhar : i amonly seeing things individually..
10:38 Chandrashekhar : thanks Bops/Uttam
10:39 Uttam : yep look in the entire context
10:39 Uttam : 10280 rejection was imp
10:39 Uttam : now VWAP rej is next clue
10:39 Vishnu : means new low coming?
10:39 Uttam : if we extend D lower then can expect 11995
10:40 Boppanna : +1 Chandra Yep the right questions and some more screeen time will give u that edge
10:40 Chandrashekhar : +1
10:41 Chandrashekhar : on questions part…sorry i am just asking on what is not clear to me…please help through/Guide…
10:42 Jitender : 835-764 bnf dne
10:43 Boppanna : We all are learners here asking them helps u as well in VT we learn together
10:43 Chandrashekhar : +1
10:44 Boppanna : Meanwhile Jit continues his innings
10:44 Jitender : have 2 catch up on lost 3 days πŸ™‚
10:45 Boppanna : Yes Jit Uttam promised a 3IB day yesterday after IB and delivered
10:45 Jitender : +1
10:45 Vishnu : uttam wht u expect in D period
10:45 Uttam : D for down
10:46 Vishnu : towards?
10:46 Govind : πŸ™‚
10:47 Niraj : may b up
10:48 Uttam : no increase in vols so far so it is only the locals playing around which is why moves are on the slower side today
10:49 Boppanna : vwap key now if holding higher entry shorts for morning session IMO
10:50 Boppanna : Like Shai said a good Friday afternoon session likely
11:00 Chandrashekhar : 42 K reds below…@12037..Stuck for now?
11:01 Uttam : 1.5 IB doe in NF
11:02 Chandrashekhar : not to be seen now..but same vol addedto buy side..
11:02 Chandrashekhar : @ 12040
11:02 Uttam : its a green
11:02 Uttam : 42k
11:03 Chandrashekhar : i saw reds earlier…not sure if any one else noticed…
11:03 Chandrashekhar : may be some glitch…
11:03 Uttam : yes there was a refresh done and that got changed to green
11:04 Chandrashekhar : may be
11:04 Jitender : shrts b careful
11:04 Boppanna : 17K at the bottom BNF
11:05 Jitender : just trail
11:05 Rajiv : JIT in both?
11:06 Shai : Intra – Buy NF abv 12053 sl of 12035 tgt 12080 . Buy abv only**
11:06 Jitender : ys Rajiv
11:06 Rajiv : Thanks
11:06 Jitender : wc
11:09 Uttam : boom boom
11:09 Uttam : (10:45) Uttam : D for down
11:10 Shai : okay- NF does not want to renter IB?
11:10 Shai : yesterday lows here in both
11:11 Tejpreet : Uttam atleast finish the 2ib .
11:13 Uttam : that 12021 level being defended from yesterday
11:13 Uttam : needs to go
11:13 Chandrashekhar : Uttam’s b hypo coming to action?
11:13 Jitender : greens (11:04) Jitender : shrts b careful(11:05) Jitender : just trail
11:14 Jitender : 765 ref line
11:14 Jitender : bnf
11:14 Boppanna : +1
11:14 Uttam : BNF also tags 1.5 IB
11:14 Uttam : OTF down since morning in bth
11:15 Boppanna : E here
11:16 Shai : 12027 sl for 12051 cmp 12033
11:17 Shai : small risk long
11:19 Uttam : those 0s at lows in NF need to be negated
11:20 Shai : yes last chance for buyers
11:22 Suresh pai : Hi Shai sorry for confusion do we need to buy or sell here
11:22 Suresh pai : Nifty
11:22 Shai : no not here
11:22 Shai : just for aggressive traders
11:22 Shai : Avoid aggressive trades as newbies
11:22 Suresh pai : ok sure..i am just watching for my understanding
11:22 Shai : buy is abv 12053 for conservatives
11:23 Jitender : +1
11:23 Uttam : goneeee
11:23 Shai : NF extends
11:23 Uttam : 12020 finally
11:23 Tejpreet : 2 ib done
11:23 Chandrashekhar : 96 K greens there
11:23 Uttam : well done Tej
11:23 Uttam : happy now
11:23 Shai : stops- (11:17) Shai : small risk long
11:24 Shai : lot of longs hurt
11:24 Uttam : (10:39) Uttam : if we extend D lower then can expect 11995
11:24 Chandrashekhar : how about those greens Shai?
11:24 Shai : failure- (11:20) Shai : yes last chance for buyers
11:24 Uttam : 12001 so far
11:24 Shai : 0’s abv- (11:24) Chandrashekhar : how about those greens Shai?
11:25 Jitender : 1 lac in nf
11:25 Jitender : +1 Tej
11:25 Uttam : 0s at 12030
11:25 Vishnu : 1.1 l at low
11:25 Govind : 12k PE from 61 to75 in that fall
11:25 Shai : yes 94k
11:25 Tejpreet : nf could be a trend day down
11:26 Rajiv : COT @ 206
11:26 Chandrashekhar : yes cot turned Blue now
11:26 Tejpreet : 12055 invalidation zone
11:26 Uttam : (09:49) Uttam : IS at 12073(09:49) Uttam : but RS at 12080 is main level to watch now(10:38) Uttam : but the rejection at vwap is a clue
11:27 Uttam : (11:14) Uttam : OTF down since morning in bth
11:27 Shai : Intra- short BNF 31710 slo of 31850 tgt 31555
11:27 Shai : NF for 11985 on the 0’s
11:27 Uttam : +1 Shai
11:29 Uttam : 11995 done
11:29 Uttam : to the dot
11:30 Prakash : Shai- there are Big Greens in NF still going down
11:30 Shai : Congrats Uttam- Nice clean read
11:30 Tejpreet : +100 Uttam
11:30 Uttam : typical trend day Prakash
11:30 Uttam : thanks Shai & Tej
11:30 Uttam : 12000pe from 60 to 87
11:30 Jitender : bnf cn bounce
11:30 Jitender : congo Uttam
11:30 Uttam : thanks Jit
11:31 Uttam : 3 in NFIB done
11:31 Uttam : so time for a bounce?
11:31 Uttam : 3 IB done in NF*
11:31 Shai : Yes Prakash NF is tricky hence going with BNF
11:32 Govind : Congrats Uttam
11:32 Uttam : thanks Gov
11:32 Govind : Days job done for me too
11:33 Govind : Let’s have a PB now πŸ™‚
11:34 Uttam : NF can do 11908 today if we have a Trend Day down
11:34 Uttam : 12030 in focus now
11:34 Uttam : on this bunce
11:35 Boppanna : Well played Uttam
11:35 Shai : +1
11:35 Uttam : thanks Bops
11:35 Shai : Yes best period to decide the trend day
11:35 Govind : 12030 held for a some time and then the fall came when it gave up; it was in your report too πŸ™‚
11:35 Shai : day is not over- we are just getting warmed up
11:35 Uttam : yes Shai
11:35 Uttam : you did warn us about a good move coming yesterday
11:36 Shai : if this has to be a trend day- it should be a big one
11:36 Shai : G period decider
11:37 Vishnu null : any volume sell seen uttm
11:37 Rajiv : Shai these greens dont stand for anything?
11:38 Prakash : they are good for nothing πŸ™‚ Ate my SL
11:38 Shai : we don;t know – if they are good they will take out vwap
11:39 Uttam : 12015 immediate ref
11:39 Uttam : above it can tag 12026-30
11:39 Shai : @prakash countre trend has to have smnall sl
11:39 Shai : my last long was a 6 point sl
11:39 Uttam : the greens will have to make an impact hwihc they havbe failed to do today so far
11:39 Prakash : Yes I agree
11:40 Shai : stay with the IB extension player and vwap
11:40 Shai : context is neutral day and we know both players will be there today also but one of them has to get damaged
11:41 Jitender : +1
11:41 Shai : hope you guys are following me
11:41 Uttam : +100 Shai
11:41 Shai : these greens are not the smarts- stay with the vwap rule
11:42 Ankit : @shai yes!
11:42 Ankit : making complete sense πŸ™‚
11:42 Uttam : new lows coming in F?
11:43 Shai : A littel more reds and will short NF also
11:43 Uttam : rs at 12010 & now IS forming at 12000 but 30 secs still to go
11:44 Jitender : 31653 is 2-5 comp val
11:44 Uttam : +1 Jit that was the fist tgt below hypo2 in BNF
11:44 Jitender : ys
11:45 Jitender : 931 was the vah…n chck todays high of bnf
11:46 Uttam : I have taken a bigger composite in BNF of this new series
11:47 Uttam : 29/11 to 5/12
11:47 Shai : G lower\
11:47 Uttam : Doen – (11:42) Uttam : new lows coming in F?
11:47 Shai : Just what we wanted to see in BNF
11:48 Shai : BNF can part book here but sell the rise again
11:48 Uttam : (11:39) Uttam : 12015 immediate ref(11:39) Uttam : above it can tag 12026-30
11:48 Vishnu null : sell at high
11:48 Uttam : 12015 can be TSL for shorts now
11:48 Vishnu null : which point we can sell
11:48 Shai : 2IB ref
11:48 Uttam : PE did not make new highs in this new low of NF
11:49 Boppanna : 640 on watch BNF
11:49 Shai : can short near 31720
11:49 Jitender : Uttam 75bps in maruit..from 7045
11:49 Jitender : tey recalled 1 lac hybrid vehicles
11:49 Jitender : fr battery issues
11:49 Shai : hmm
11:49 Uttam : cool Jit so you now get insider news too to trade in it not that oyu need it πŸ™‚
11:50 Jitender : was in news in morn
11:50 Uttam : πŸ™‚ congo
11:50 Jitender : tx
11:50 Uttam : do invite us when you open that Maruti showroom of yours πŸ˜‰
11:50 Vishnu null : 1 lakh buyer 12002 range if it ib then then he will move to vwap na?
11:51 Jitender : will get the ribbon cut from u πŸ™‚
11:51 Prakash : Sell the most Expensive Model to ‘UG’ πŸ™‚
11:52 Jitender : πŸ™‚
11:52 Shai : red in NF
11:52 Shai : see BNF is sliding easily lower as it has more reds now
11:53 Uttam : _/\_ (11:51) Jitender : will get the ribbon cut from u πŸ™‚
11:53 Uttam : I read sell as gift ;-p – (11:51) Prakash : Sell the most Expensive Model to ‘UG’ πŸ™‚
11:53 Chandrashekhar : price is below his entry…good for shorts..right Uttam/Shai
11:53 Govind : BNF going for 31501 Uttam; 2 ATR of the FA
11:53 Govind : ?
11:53 Chandrashekhar : i mean the 1 L buyer in Nifty…
11:54 Prakash : @ UG- Gift only for othet VTrender Traders –
11:54 Prakash : Since UG make big bucks in the Room πŸ™‚
11:55 Uttam : all of us need to be on the same platform Prakash – that is what VT is for Green MTM πŸ™‚
11:55 Uttam : lets do it together
11:56 Govind : Yes Uttam
11:56 Govind : 2 dt done
11:56 Uttam : +100 congrats Gov
11:56 Prakash : UG _/\_
11:57 Govind : Thanks bro, credit to you and VT
11:57 Uttam : 12000 OI crossovr happenign
11:57 Uttam : 12015 & 12030 ref on upside
11:58 Uttam : its all Shai & VT – (11:57) Govind : Thanks bro, credit to you and VT
11:59 Vishnu null : 12k crossover favouring put side or call uttam
11:59 Uttam : just happened Vishnu so need to see if it sustains
11:59 Uttam : 12015 taken out
11:59 Uttam : VWAP test ooming?
12:00 Jitender : hope u guys safe (11:30) Jitender : bnf cn bounce(11:44) Jitender : 31653 is 2-5 comp val
12:00 Jitender : gt my mtm boost
12:01 Uttam : +100 Jit your timing is alwasy helpful
12:01 Uttam : missed your inputs this week
12:01 Jitender : _/\_
12:01 Vishnu null : 1 lakh guy work goes on
12:02 Vishnu null : shorted put at 114 and covered at 99.
12:02 Jitender : time fr a cuppa…got delayed by 40 odd mins
12:02 Vishnu null : uttam cross over view
12:02 Uttam : entry above 12026-30 will be important & NF could go for a 12050 tag
12:03 Uttam : 12000 sup now if this bounce has more legs
12:03 Uttam : RS forming here at 12017
12:10 Tejpreet : Vodafone Idea falls 9% intraday as Kumar Mangalam Birla speaks on possible shutdown
12:11 Tejpreet : pressure tactics on gov , won’t work
12:11 Chandrashekhar : yes bank by 8%..moody’s downgraded it
12:16 Uttam : dPOC shitgin lower in NF
12:16 Uttam : 12003
12:19 Vishnu null : uttam one doubt 12k monthly put OI still stands at 32.85 lakhs if they defend like this we will go up na ?
12:19 Boppanna : G here
12:21 Uttam : this still holding – (12:03) Uttam : 12000 sup now if this bounce has more legs
12:22 Ketan : there is a 3.2 cr total monthly OI of all strikes at 11990 , ( i use these a lot for big trends )
12:23 Shai : pull back high periods
12:24 Shai : Intra – short BNF again 31700 sl pf 31840 tgt 31557
12:24 KK : I agree, bnf sell
12:24 KK : NF also couldn’t cross 12017 with conviction ?
12:24 Ankit : Theory meets practical. good @Shai
12:25 Ankit : hope, it is inventory earrangement phase?
12:26 Shai : yes need to see some bigger reds
12:26 Uttam : OTF down stops in NF
12:26 Uttam : in G period
12:27 Uttam : BNF also following suit looks like
12:27 Shai : G is 2 points lower at 11988
12:28 Uttam : (12:02) Uttam : entry above 12026-30 will be important & NF could go for a 12050 tag
12:28 Uttam : NF is here now 12026-30
12:28 Uttam : F was lower Shai, G did not make new lows
12:29 Boppanna : Yes
12:30 Vishnu null : nifty will IBL
12:30 Vishnu null : go to
12:31 Shai : yes Uttam- I stand corrected
12:31 Shai : G has 12 mins
12:32 Uttam : _/\_
12:33 Uttam : G could be the early PBH of today Shai?
12:35 Uttam : RS at 12025
12:36 Jitender : in bnf also
12:37 Uttam : yep
12:44 Uttam : another important clue here NF could not get into prev ay range
12:45 Uttam : that 12030 0s holding
12:45 Uttam : now H making lower low than G could give more confrimation
12:45 Uttam : 12003-12000 zone to be taken out
12:45 Uttam : dPOC also there
12:46 Jitender : 720-665 half book bnf
12:46 Uttam : super
12:47 Jitender : yr RS bro
12:47 Boppanna : BNF 4/12 A period singles holding BNF
12:47 Jitender : simultaneous was a good oppr
12:47 Uttam : BNF does 80% in that MB
12:47 Uttam : RS came right at top of that MB
12:47 Jitender : ys
12:47 Uttam : Jit played it perfectly
12:47 Tejpreet : +1 jit
12:47 Uttam : as alwasy πŸ™‚
12:48 Jitender : tx 2 u Uttam
12:48 Jitender : tx Tej
12:48 Boppanna : +1 Jit same pinch
12:48 Uttam : congo Bops
12:48 Jitender : congo BoPs
12:48 Uttam : see the beautiful combo of OF & MP
12:48 Jitender : balle balle
12:49 Uttam : BNF in a hurry to make new lows?
12:49 Shai : congarts Guys
12:49 Shai : You guys are nailing it
12:49 Jitender : tx 2 yr system Shai
12:49 Shai : Let’s take this baby lower now
12:49 Jitender : πŸ™‚
12:49 Uttam : all your teachings Shai πŸ™‚
12:49 Boppanna : Shai thx to u …Needs to get below 640 for a quick dump
12:49 Jitender : absolutely
12:50 Vishnu : nifty holds 12k mark
12:50 Ankit : guys! could you explain..BNF doing 80% in that MB etc.. couldnt understand what happened here
12:50 Uttam : MB is a mircobalance Ankit
12:50 Uttam : which is visible as yellow & blue rectangle boxes in the 2nd chart of the room
12:51 Uttam : they mean a well balanced zone
12:51 Sachin : understood RS, pls explain the combo, did not follow
12:51 Uttam : we have this 80% rule in MP which says if acutions enteres a previously well balanced zone, 80% of the time it goes to the other extreme
12:52 Uttam : this rule is good on all timeframes
12:52 Uttam : so when we got a RS near that MB hgihs of BNF was a good R:R to short for the low of the MB
12:52 Tejpreet : all shorts booked out . taking contra long nf monthly 12k ce 141 odd with just 7 point sl.
12:53 Tejpreet : sl in system as this could run down fast.
12:53 Jitender : cool
12:53 Shai : Reduce size in BNF 31650- 655
12:53 Jitender : dne
12:54 Uttam : trying to get back into that MB – BNF
12:54 Uttam : 31655 is RB
12:54 Shai : Trail at 31724 balance
12:54 Uttam : lets see if we grt a IB
12:56 Uttam : new lows coming?
12:57 Ankit : @uttam… thank you for explaining!!
12:57 Ankit : makes sense
12:57 Uttam : πŸ™‚ welcome Ankit
12:57 Vishnu : in which uttam nf or bnf
12:58 Uttam : BNF first looks like but NF could also follow it soon
12:58 Vishnu : last 3 candle making Hl so 12k bellow only new low can come
13:01 Jitender : 14k green bnf
13:01 Vishnu : 44k buy at 12006
13:01 Jitender : cvrd remaing bnf shrts
13:02 Tejpreet : +1 jit, score
13:02 Vishnu : 0s at 11995
13:03 Jitender : 1.54x Tej
13:03 Tejpreet : 1.5 for me with .3 sl for that long trade.
13:03 Jitender : +1
13:04 Tejpreet : tks
13:06 Uttam : 38k green in NF
13:07 Chandrashekhar : 12000 being defended well so far Uttam?
13:10 Uttam : looks like demand getting absorbed here
13:10 Vishnu : ys
13:11 Chandrashekhar : demand? supply?
13:12 Prakash : I is coming to decide the direction…
13:14 Boppanna : 640, -50 part out
13:15 Jitender : +1
13:16 Boppanna : out .will wait for Europe
13:16 Jitender : rb at low bnf
13:17 Jitender : 740 seller cud b bookn
13:17 Boppanna : Jits 665 a key ref now IMO
13:19 Jitender : ys 653-660 zone
13:27 Uttam : NF ready for new lows?
13:29 Vishnu : 11961 expected NF
13:29 Vishnu : or previous Fa 11976?
13:30 Uttam : expecting 11908
13:30 Vishnu : 11908?
13:33 Vishnu : uttam how 1109?
13:33 Vishnu : 11908?
13:33 Chandrashekhar : 31555 here for BNF Shai..
13:33 Shai : Book full- (12:24) Shai : Intra – short BNF again 31700 sl pf 31840 tgt 31557
13:33 Jitender : +100
13:34 Tejpreet : +150
13:34 Govind : Awesome!
13:34 Uttam : super call Shai +100
13:34 Vishnu : +1 shai
13:34 Vishnu : sahi nF next levels
13:34 Shai : All the while NF stayed there because it had greens
13:34 Shai : OF- (11:52) Shai : see BNF is sliding easily lower as it has more reds now
13:35 Shai : NF go short below 11982 F only
13:36 Prakash : NF not making new lows..
13:36 Shai : Intra- Keep a new short open in BNF below 51530 sl of 31629 tgt 31420
13:36 Vishnu : 12k all supply getting absorbing?
13:36 Shai : we will go below period lows
13:38 Shai : 31630F new supply
13:38 Shai : 31636*
13:52 Jitender : 31.6pe 288-342
13:53 Prakash : Action time & No Screen
13:53 Vishnu : ya
13:53 Vishnu : wht hapned
13:53 Govind : Same here Jit, 31600PE from 298 to 329. Congrats
13:53 Prakash : Boom Boom Down
13:54 Jitender : +1 Gov
13:54 Govind : BNF does 31501, 2ATR from yesterday’s FA at top
13:54 Jitender : beautiful day 2day…..
13:55 Govind : Yes it is
13:55 Prakash : UG is The Man _/\_
13:56 Govind : That he is, his reports are essential for me
13:56 Prashant : Anybody following my trades : I closed 50% positional shorts now(entered yesterday noon).
13:56 Prakash : Amost 3-IB in NF
13:57 Vishnu : so to book profit and do contra
13:57 Prakash : Big Boss to comment pls..
13:58 Boppanna : BNF 420 hit
13:58 Chandrashekhar : 31420 also here
13:58 KK : charts ?
13:59 Govind : Only KOtak is up by 1%; all other constituents down
13:59 Chandrashekhar : Uttam’s 11908 pending πŸ˜‰
14:00 Prakash : still No screen
14:00 Prakash : how abt others
14:00 Govind : nope
14:01 Vishnu : screen off wht to do
14:01 Jitender : wait
14:01 Tejpreet : wait
14:01 Govind : or use the Go To screen
14:01 Tejpreet : is that wrking govind ?
14:02 Prakash : yes
14:02 Govind : Yes
14:02 Tejpreet : tks guys
14:04 Vishnu : screen not coming
14:07 Jitender : 32k ce at 85….
14:09 Govind : 85k green in NF, new greens? or shorts exiting?
14:09 Tejpreet : long jit
14:09 Govind : and a 22k red at the bottom
14:10 Vishnu : laggards
14:10 Vishnu : will see any bounce to 11986?
14:10 Uttam : how are we doing guys πŸ™‚
14:10 Govind : 5X bro :); so good!!
14:10 Shai : minor issues with charts – all sorted and we are good
14:11 Shai : Rgeret the inconvenience
14:11 Govind : No worries Shai
14:11 Shai : Anyone still short BNF?
14:11 Govind : GoTo was doing fine
14:11 Chandrashekhar : Uttam’s b hypo done for Nifty
14:11 Govind : All out Shai
14:11 Uttam : did tell we have a daily plus weekly FA yesterday
14:11 Govind : Yes UG
14:11 Shai : Not one tick above this – (13:38) Shai : 31630F new supply(13:38) Shai : 31636*
14:11 Uttam : 11943 low so far
14:11 Jitender : tis was a delight Shai (13:36) Shai : we will go below period lows
14:11 Ketan : still short
14:11 Govind : Nice greens now in BNF
14:12 Uttam : 11924 is 2atr from yesterdays FA
14:12 Uttam : 11914 is a vpoc
14:12 Vishnu : it will come to test vpoc?
14:12 Chandrashekhar : are we expecting more fall in Nifty?
14:12 Shai : _/\_- (14:11) Jitender : tis was a delight Shai (13:36) Shai : we will go below period lows
14:12 Uttam : 11908 wanted before close please
14:13 Shai : could not update this as got ditracted withg charts – (13:36) Shai : Intra- Keep a new short open in BNF below 51530 sl of 31629 tgt 31420
14:13 Tejpreet : Even that NF alert for short below 982 was perfect Shai.
14:13 KK : 11908
14:13 Uttam : 30947 is the 1atr in BNF on the weekly FA
14:13 Shai : Book fully if in
14:13 Uttam : can expect that next week
14:14 Subhadip : 80% booked
14:14 Subhadip : short from morning
14:14 Vishnu : me boked 12050 combo with 1 l ?
14:14 Uttam : super Subhadip +100
14:14 Shai : +1
14:15 Shai : Look at 11914 vpoc as tgt for close\
14:15 Shai : sl of shorts above 11986 F
14:17 Jitender : bnf 31.5pe 379-342
14:17 Jitender : almost 3x
14:18 Jitender : maruit also helped
14:18 Jitender : all cvrd
14:18 Uttam : riding on 11950pe
14:18 Uttam : one last part left at TSL if we close at lows
14:18 Uttam : good day πŸ™‚
14:18 Jitender : congo man
14:18 Prashant : Intraday shorts 50% still running
14:18 Prashant : BANKNIFTY 12th DEC 31700 PE NFO X 241.32 489.30 X
14:19 Uttam : Congo to you too bro
14:19 Jitender : tx Uttam
14:21 Shai : 11914 coming
14:24 Shai : Easy day to trade today – did tell you all that today would be easier- hope everyone is profitable today
14:24 Uttam : +100 Shai
14:24 Boppanna : +1
14:24 Jitender : +1
14:24 Ankit : +1
14:24 Shai : simple follow of the rules ensures green MTM today for all
14:24 Prashant : 14:24:23 SELL BANKNIFTY 12th DEC 31700 PE NFO MIS X 492.00 0.00 / 447.85 trg.
14:24 Shai : No big deal to make money today- if you haven’t you have broken many rules
14:24 Jitender : tv is askn why r we falln today πŸ™‚
14:25 Tejpreet : was a day of atleast 10 dt , still at 2 only.
14:25 Jitender : here we knew it from morn
14:25 Shai : lol
14:25 Uttam : tell them we got IS at 12073 πŸ˜‰
14:25 Uttam : on 5mins
14:25 Shai : TV is for the babies – there are no babies here πŸ™‚
14:25 Uttam : πŸ™‚
14:25 Jitender : πŸ™‚
14:25 Jitender : we r baba’s
14:26 Jitender : of MP n OF n Shai
14:26 Shai : lol
14:26 Uttam : Jit baab ji jai ho πŸ™‚
14:26 Prashant : I won’t touch the short. It will be closed by broker at 3.20(MIS) or Stopped out by system
14:26 Jitender : rinse n repeated (14:17) Jitender : bnf 31.5pe 379-342
14:26 Uttam : Jit baba*
14:26 Jitender : prabhu _/\_
14:26 Prashant : Positional 50% to be carried forward.
14:26 Uttam : congrats Prashant
14:27 Prashant : πŸ™‚ Thank You!
14:28 Rajiv : Are the big boys here seeing shorts getting covered
14:28 Shai : (11:35) Shai : day is not over- we are just getting warmed up(11:36) Shai : if this has to be a trend day- it should be a big one(11:36) Shai : G period decider(11:41) Shai : these greens are not the smarts- stay with the vwap rule(11:47) Shai : G lower\
14:29 Shai : G is the pullback highs for Mon
14:29 Jitender : +1
14:29 Shai : Notre the highs and male a plan for Mon
14:29 Uttam : yes Shai
14:29 Jitender : dne
14:29 Prashant : The base for rally since day before yesterday was 12074-12080. That’s where I booked 50% shorts. Once that’s brokern with Conviction I would like to carry forward remaining 50%
14:30 Uttam : 11930 was a weekly FA in NF
14:30 Uttam : imp level if we close below it today
14:30 Prashant : Sorry It was 11974-11980
14:31 Jitender : Subhadip…wats yr take on idea ?
14:32 Subhadip : no idea πŸ™‚
14:32 Prashant : Please note : I have several stock positions open (long+short) and by carrying forward shorts I am trying to be delta nuetral with slightly -ve bias…
14:33 Jitender : good idea πŸ™‚
14:33 Jitender : Prashant the idea of sharing here is to help all esp newbies with logic….do try to post logic with trades….
14:33 Jitender : we all try 2 gv lvls / reasons fr our trades
14:34 Prashant : I could have posted. However, there were lot of conflicting openions and I didn’t want to create confusion. If you rmemeber I was positionally short since yesterday noon. I had no reason to not to short..
14:34 Jitender : tats grt….
14:35 Jitender : we all follow Shai here…..n tats the pref πŸ™‚
14:35 Jitender : Kudos to yr trades n conviction
14:35 Jitender : Congrats
14:35 Vishnu : uttam below 11930 closing in weekly next week super na
14:36 Uttam : we need to make all weeks Super Vishnu πŸ™‚
14:36 Prashant : That’s what everybody should do. And, why I don’t give trading calls. He has perfect risk management .
14:36 Vishnu : yes
14:36 Vishnu : good green mtm
14:36 Vishnu : booked out all and waiting for an upmove to enter in ope
14:36 Vishnu : pe
14:37 Uttam : L period giving a fresh ext handle?
14:37 Uttam : 7 more mins
14:41 Prashant : stopped out intraday positions
14:41 Uttam : yes all out of that 11950pe tsl was at 78
14:42 Uttam : held to the dot – (14:30) Uttam : 11930 was a weekly FA in NF(14:30) Uttam : imp level if we close below it today
14:43 Uttam : 3 trades today 12050ce / 12000pe & 11950pe and all gave green MTM
14:43 Tejpreet : +1
14:44 Shai : Nf last short below 11945 sl of 11956 tgt 11914. short below 11945
14:47 Jitender : 12680 green
14:48 Jitender : he will sweat
14:49 Vishnu : any FA at 930 again ?
14:50 Subhadip : late shorters getting kicked
14:50 Uttam : Jit giving any 3:05 move today before boarding your yatch?
14:50 Jitender : lets c
14:50 Jitender : Subhadip its SC
14:50 Rajiv : Jit humko bhi batana
14:50 Jitender : bt 735-750 lvl shrters in bnf
14:51 Jitender : Rajiv tis guy (14:47) Jitender : 12680 green
14:51 Jitender : to be watched
14:51 Rajiv : @445
14:52 Uttam : 31426 was a VPOC in BNF so looks like today also wants to get the dPOC down here
14:54 Rajiv : what do we watch him for? Anything in particular
14:55 Jitender : m shrt at his lvl…with small SL…waitn fr him to get trapped
14:55 Rajiv : ok
14:56 Boppanna : +1 Jit
14:56 Jitender : half book 444-394
14:56 Rajiv : +100
14:56 Shai : 11945 has to break for more
14:58 Ankit : @jitender hi, at 14:47 i cam see 13725. are we talking about the same or i cant find 12680 guy
15:00 Jitender : yes..it was 12680 on 1st touch
15:00 Jitender : stopped of remaining at 440
15:00 Uttam : 31530 & 11986 coming?
15:00 Ankit : @jitendra thanks perfect!
15:01 Jitender : wc
15:01 Rajiv : Jit you showed us a trick today!!! Thanks
15:01 Jitender : wc
15:02 Shai : 11974 sl cmp 11964 for 11945
15:02 Shai : 1:2 RR
15:02 Jitender : +1
15:06 Jitender : maruit officially cnfrms recall of 63500 hybrid cars
15:06 Shai : πŸ™‚
15:08 Shai : exit done 11960- (15:02) Shai : 11974 sl cmp 11964 for 11945
15:08 Uttam : +1 Shai did tag 1195
15:08 Uttam : 11953*
15:09 Shai : yes could not exit there
15:09 Vishnu : next monday whats ur view shai
15:12 Shai : what does you learning tell you of the trend day profile?
15:12 Shai : Anyone?
15:12 Ankit : Normal variation? with Ib extension towards down
15:12 Ankit : ?
15:13 Vishnu : trend day shai
15:13 Prakash : Enter in Pull backs
15:13 Chandrashekhar : normal/neutral day..
15:13 Uttam : today is a trend day down
15:13 Shai : today is trend day
15:13 Jitender : (11:40) Shai : stay with the IB extension player and vwap
15:13 Jitender : (11:40) Shai : stay with the IB extension player and vwap
15:13 Vishnu : same view
15:13 Uttam : vwap & poc ref for next week
15:13 Ankit : okay
15:13 Shai : +1- (15:13) Jitender : (11:40) Shai : stay with the IB extension player and vwap
15:13 Shai : seller in control
15:14 Shai : we will look at RS and short on Monday anything higher
15:14 Shai : that is the plan
15:14 Vishnu : good
15:14 Rajiv : Vwap and POC at the same level
15:14 Rajiv : almost
15:14 Shai : for home work- everyone this weekend look at the training library
15:14 Rajiv : will that be a good marker Shai
15:14 Shai : come prepared
15:15 Shai : that is the foundation we work out of now
15:15 Jitender : +1
15:15 Shai : if you donlt have access, WA mnaoj 9511921975
15:15 Uttam : +1 Shai
15:15 Shai : we have to move to higher levels guys, and for that to happen a foundation has to be in place
15:16 Ankit : Done!
15:17 Shai : everything which happened today in the markets is at the TL
15:17 Shai : went perfetcly as per the MP script
15:17 Jitender : yes
15:17 Ankit : yeah
15:17 Uttam : your 11945 also almost here Shai πŸ™‚
15:18 Shai : 11984 is the stuck player – 12004 is the PBH for mon
15:18 Boppanna : BNF First weekly negative close after 8 consecutive positive closes
15:18 Shai : we short at either
15:19 Uttam : (14:52) Uttam : 31426 was a VPOC in BNF so looks like today also wants to get the dPOC down here
15:20 Uttam : dPOC in BNF shifts lower to 31410
15:22 Uttam : 11946
15:23 Uttam : dPOC in NF now here st 11954
15:26 Shai : 2 stops at 11946
15:26 Shai : why was it imp?
15:26 Shai : (14:56) Shai : 11945 has to break for more
15:26 Shai : 0’s had come there
15:26 Shai : #Orderflow
15:27 Shai : Have a good weekend everyone
15:27 Shai : brush up on the Market Profile
15:27 Shai : we advance next week
15:27 Shai : Bye – see you Mon
15:27 Vishnu : bye
15:27 Chandrashekhar : Happy weekend everyone..
15:28 Govind : Expect a crude iol spike tonight is the OPEC ratification goes thru
15:28 Boppanna : bye Shai and thx all
15:28 Uttam : thanks All πŸ™‚ have a wonderful weekend
15:29 Subhadip : bye guys
15:29 Tejpreet : Bye All.
15:29 Ankit : Thank you all for your handholding. see you