Order Flow charts dated 7th Feb

A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an Order Flow chart.

Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.

NF

30 Min Fp Nf 1 1 Order Flow Charts Dated 7Th Feb 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 4 Order Flow Charts Dated 7Th Feb Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:48 Vtrender Live : (08:47) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/252115461
(08:48) Vtrender Live: option charts – https://join.me/846-655-981

09:35 RK : (09:35) RK : Long NF 11110 SL 11090 obj 11130

10:18 RK : (10:18) RK : make exit at cost 11110

13:00 RK : (13:00) RK : Long NF above 11090 SL 11070 obj 11120

13:15 RK : (13:15) RK : Book full 11112 (13:00) RK : Long NF above 11090 SL 11070 obj 11120

15:25 Shai : (15:24) Shai : Positional – Take a short BNF 50%25 qty at 27425 F here. Maintain sl of 27650. We will add balance qty tom.


08:47 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/252115461
08:48 Vtrender Live : option charts – https://join.me/846-655-981
08:54 Shai : GM all
08:55 Subhodeep : gm all
08:56 Shai : https://vtrender.slack.com/archives/G0HKE1ASF/p1549510017012900
09:07 Kathir : GM Shai all
09:11 TP : GM All.
09:12 TP : Shai levels to watch for in BN post RBI , swing/series view.
09:12 RK : GM Shai and all
09:15 TP : Freak low bn
09:15 TP : marker for the day.
09:15 MJ : Good morning Shai and everyone.
09:15 Shai : BNF watch for an ability to stay above 27330 in RBI meet outcome today
09:15 Shai : is bearish below it
09:15 Shai : swing that is
09:16 Shai : 27330- 27430- 27516 are intra day markers
09:16 TP : tks chief.
09:18 Boppanna : testing yesterday’s high BNF
09:20 Uttam : Good Morning All 🙂
09:21 Shai : just doing a scrub of that old tick in BNF
09:21 Manjunath : GM all………:)
09:21 Shai : will get live in a few secs..
09:21 Shai : RBI marker that is 27300F
09:22 Uttam : RM marker 😉
09:22 Shai : not going away 🙁
09:22 Shai : some 1 got 1 lot there
09:22 MJ : We will do with it Shai. It’s okay 🙂
09:22 MJ : That to seller 🙂
09:22 Shai : bad start for him
09:24 MJ : Open can be taken as 27430 for bnf?
09:29 Kathir : mihir .yvwap , vwap, poc ,val ..all there 27420 – 27440
09:30 MJ : Yep.
09:31 Kathir : now vwap 27486 ?
09:31 Kathir : 5 mins it moved up
09:35 RK : Long NF 11110 SL 11090 obj 11130
09:40 Boppanna : Shai can we have the 27500ce on options screen
09:48 Sandeep : Instead of 27500ce i would suggest to request for 27400pe. Looks to me bank nifty is preparing for huge down movement. Event can be exception but careful on longs.
09:49 Sandeep : *RBI event
09:59 Kathir : Sandeep what levels you are expecting in bnf – downside
10:00 Kathir : hdfc bank 0.40 % down..
10:01 Boppanna : Sandeep IMO yes BNF underperfoming Nifty but value higher and price above yPOC PLR still up of course Shai’s intra markers are on watch
10:02 Kathir : and psu bank index 1 % up almost
10:02 Boppanna : Midcap having a big open after a while today
10:05 Shai : 27500 call and 27400 puts on screen
10:06 Shai : if you guys sense something big happening in BNF options OI please send a shoutout
10:07 Shai : the best way to trade the oncoming weekly boom in options is to pool the strategies and trade togther as a team
10:07 Shai : reach out , share and all can win
10:10 Kathir : +100 shai
10:10 Boppanna : +Shai
10:18 Manjunath : +1 Shai
10:18 RK : make exit at cost 11110
10:19 Uttam : +1 Shai
10:20 Shai : C extended BNF
10:29 Azmath : Uttam as long as A stem holds can we be long today ? Looks like only Locals trying to find VA till now
10:29 Shai : A is not clean
10:30 Uttam : Azmath event today that too at 11:45 so mostly all holding back till that gets out of way
10:30 Uttam : vols are dead
10:30 Shai : 27530 SL , looking for vwap
10:30 Uttam : just 2.6L in BNf in IB
10:30 Santhanam : usually post such RBI events…. Bank nifty falls big time. Could the same happen today?
10:30 Santhanam : trends up 3 days before and falls after the announcement
10:31 MJ : Varun you there?
10:31 Uttam : BankNifty is looking good actually for upside but let the event get out of way
10:31 Uttam : yes Santhanam, most of the times BNF falls post event then recovers
10:34 Santhanam : how about take out 27600 today;) was thinking of buying few 27600 CE around just around the announcement and if there is a downward spike 🙂 5 to 10 lots…. looks like a jackpot
10:35 Sandeep : Kathir lvls here ain’t imp(for me). Bopanna I am pointing out (not from MP perse) but from cluster data. Events are exceptions which doesn’t folllow any rule but I see good setup of BIG fall, don’t ask me how. At max we can go Up a day or two, or may start even downhill today. My views will contactdict from Mp but my suggestion is just to make you cautious.
10:35 Kathir : Ty sandeep
10:35 Sandeep : *contradict
10:36 RK : when VWAP is dead flat better to wait for auction to develop
10:36 MJ : +1 RK.
10:36 Kathir : 26640 – 675 uttam has his imp levels in bnf..turn from there then
10:36 MJ : C period onwards VWAP curve is what gets me some good trade setups.
10:36 Kathir : 27640-675
10:37 TP : Monthly 275k combo just 720 , doesn’t look like BN in a hurry to move.
10:38 Kathir : Jit not here ?
10:38 Uttam : Jit’s been missing this week
10:38 Kathir : ok
10:39 Boppanna : ok sure Sandeep
10:40 Kathir : 09:15 Shai : BNF watch for an ability to stay above 27330 in RBI meet outcome today
10:40 Kathir : 09:15 Shai : is bearish below it
10:40 Uttam : 1 more hour to go before the RBI announcement
10:41 Santhanam : Sandeep…. agree with you could it has to wait for few more days for a big fall but today can be a upside post 12 pm…… dont ask me why 🙂
10:42 Amit : On lighter note , as we are waiting, Anyone following BB should look at NF in 5 min since yesterday with BB, there is a new pattern emerging
10:44 Uttam : yes Amit we are in a very narrow range with low vols so bands will converge but for how long they sustain we do not know
10:44 Amit : thx uttam
10:47 MJ : Amit, I follow BB. This convergence is found closer during any waiting game period. Any move from here is going to be a nice trade setup.
10:48 Uttam : 27470 & 11095 levels to watch on downside for now
10:49 Amit : yes, waiting for that MJ
10:49 Uttam : Nifty Spot goes above day high can give fast 35 points up
10:50 Shai : No swing is not contradicting the profile
10:51 Shai : Max allowance here is for a push to 11180 spot
10:51 Shai : so 80 points upside factored
10:51 Shai : and can drop down 300 to 10800 again
10:51 Shai : your call on how you trade this
10:51 Shai : I maintain 10800- 11180 range
10:52 TP : +1 chief and BN range ?
10:52 Uttam : yep 11078 is the pull back high
10:52 Uttam : above that we have the DD singles at 11208-11272
10:52 Shai : 11220 F is the big scene of crime from sept
10:52 Shai : if you guys were here we saw the big big seller at 11220F
10:52 Shai : sept F
10:53 Shai : and he sparked that entire drop to 10100
10:54 MJ : Yes Shai.
10:54 Shai : TP BNF is with locals here around 27500 spot
10:55 Shai : also the POC of oct is here +/- 100 either side
10:55 MJ : Shai from your notes can you pick up sept rolls leve?
10:55 Shai : No otf and thse balanced profile show locals in completely
10:55 MJ : Just like 10676 F feb.
10:55 Manjunath : Do you think he will be still holding his position? It’s possible that he might have liquidated?
10:55 TP : yes chief 275k is magnet for bn.
10:55 Shai : see today third day we are running thru locals
10:56 Shai : OTF can drop this to 27300 F in no time
10:56 Subhodeep null : vols again on the lower side??
10:56 Shai : hence look for that 20K sellers
10:57 Uttam : yesterday we had 3 of those 20-25k buyers in BNF twice in the dip below IBL & one was at close whihc could be closing of positions
10:59 Boppanna : Shai possible to zoom the 26400pe ?
10:59 Boppanna : sorry 27400pe
11:00 Boppanna : thx
11:01 Shai : done
11:03 Shai : out 27491- (10:30) Shai : 27530 SL , looking for vwap
11:03 Shai : too thin
11:07 Uttam : yes Shai yesterday what vols we had in first 15 mins in both NF & BNF is today’s IB vols
11:16 Hari : Shai, this view is for the day or the week? 10:51 Shai : I maintain 10800- 11180 range
11:17 Hari : @RK MO please
11:18 Shai : @Hari for Feb series
11:18 Hari : Thank you so much Shai
11:21 Kathir : bnf ces breaks DH now ?
11:22 Kathir : shorts covered in those ce s ? any views
11:26 Shai : speculation
11:26 Shai : let the policy pass
11:26 Boppanna : Kathir noise
11:28 Uttam : NF tags first target of hypo1 at 11117
11:28 Uttam : reds here in NF
11:29 RK : -18 (11:17) Hari : @RK MO please
11:31 Shai : 11.40 or 11.45 it is?
11:31 Subhodeep null : 45
11:31 Uttam : 11:45 i think
11:32 Shai : 60 k seller
11:32 Boppanna : before event as well
11:33 Boppanna : pink bands in ce and green in pe BNF options in this peek above
11:41 Shai : yes
11:42 Shai : dvah 510
11:42 Pradeep : RK: the lows of CDE in NF will all be revisited?
11:42 RK : quite small range pradeep
11:43 Pradeep : ok
11:43 RK : nothing to make out of it
11:44 Uttam : BNF rising
11:44 Uttam : boom
11:44 Uttam : 27600 here
11:44 TP : rate hold
11:45 Himanshu : any slr cut?
11:45 Uttam : rate cut?
11:45 Amit : .25 cut
11:45 Uttam : 25bps
11:45 Himanshu : 25 bps what?
11:46 R Goel : rate cut himanshu
11:46 Himanshu : okkk thanks
11:46 Uttam : 90k buyer in NF
11:46 Himanshu : that 60k getting out?
11:46 Uttam : c) Immediate resistance is at 27480 above which BNF can tag 27575 & 27640-675
11:47 Shai : yes- (11:46) Himanshu : that 60k getting out?
11:47 Shai : big volume
11:48 Shai : 10x volume in this bar
11:48 Uttam : (10:31) Uttam : BankNifty is looking good actually for upside but let the event get out of way
11:48 Himanshu : shai all selling getting absorbed?
11:48 Shai : covered and back again
11:48 Himanshu : ohh
11:49 Shai : always check COT
11:49 Himanshu : best time to kill retails
11:49 Himanshu : okk shai
11:49 Uttam : BNF does 3 IB already 😉
11:49 Uttam : if we take 27446 as IBL
11:49 R Goel : guys can u guide me whr to check the COT values.. get confused
11:50 Uttam : blue color on top of all bars is the COT RG
11:50 Himanshu : shai had been there only sc of that 60k COT would be +ve?
11:51 Boppanna : watch vwap
11:51 Uttam : reversal happening in both?
11:51 Uttam : tail at top probable
11:51 Himanshu : uttam u giving FA?
11:51 R Goel : thanks uttam
11:51 Hari : going below 11k?
11:52 Shai : could have a tail here
11:53 Kathir : 10:36 Kathir : 26640 – 675 uttam has his imp levels in bnf..turn from there then
11:54 Uttam : 27500pe being written looks like?
11:54 Uttam : 27480 & 11090
11:54 Boppanna : 480 held in this pull back
11:54 Uttam : as of now pull back lows
11:55 RK : PDH (11:54) Boppanna : 480 held in this pull back
11:56 Uttam : big supply has come in both so now need to see how effectvie these sellers will be
11:56 Uttam : or if demand comes & absorbs this supply?
11:58 Uttam : BNF needs to get above 27562
11:58 Uttam : NF abv 11120
11:58 Uttam : to negate that probable tail
11:59 Uttam : more reds in NF
11:59 Uttam : COT -83k
11:59 Uttam : -95
12:01 MJ : Get that feku low.
12:01 Imran : what is a feku low
12:01 MJ : Freak low.
12:01 MJ : 300
12:01 MJ : 27300
12:02 Imran : watever its nice lino
12:02 Imran : *lingo
12:02 RK : nicely done (11:55) RK : PDH (11:54) Boppanna : 480 held in this pull back
12:02 MJ : below 467 boom shankar.
12:02 Boppanna : 430 below 480
12:03 MJ : Phew allout. NF.
12:03 MJ : Waiting for bnf now.
12:03 Uttam : 11075 NF sup
12:04 MJ : Yes Uttam watching OF there.
12:04 Uttam : below that trend day vwap can be testerd
12:04 MJ : Wanted to reduce risk.
12:04 Shai : 11033
12:04 Subhodeep null : ibl test??
12:04 MJ : Got out half.
12:04 Shai : 27430
12:04 Shai : supp
12:04 Shai : big swing below that for close
12:04 Himanshu : shai last 4 bars on 5 min have -ve COT
12:04 Shai : most imp for today- (11:52) Shai : could have a tail here
12:04 Uttam : reds persisting in NF
12:04 Shai : swing
12:05 Himanshu : that too big
12:05 MJ : @Shai 😉
12:05 Uttam : (11:58) Uttam : BNF needs to get above 27562(11:58) Uttam : NF abv 11120(11:58) Uttam : to negate that probable tail
12:05 MJ : reds at bnf vwap done fast.
12:06 Shai : 27500 ce sold 103 covered 32
12:06 MJ : 95k green atop in 1145 candle is buyer?
12:06 Himanshu : thats cover of 60k mihit
12:06 Himanshu : mihir*
12:06 MJ : Thanks Himanshu
12:07 MJ : 4k trying to be lonewolf in bnf.
12:07 Shai : Isn’t OF just fantastic …that COT at 11.45 went +60 and then -193 K to close the bar 🙂
12:07 Shai : in NF
12:07 MJ : AMAZE AF!
12:07 MJ : it is just brilliant shai.
12:07 MJ : Just simply brilliant.
12:07 Himanshu : yes shai
12:08 MJ : Waited for the entire day to trade this move.
12:09 MJ : Add some mp and garnish with your own sweet comfortable setup. And you have all the required tools to trade.
12:09 Shai : we have -193, -36, -95, -90 from 11142 in COT readings per 5 mins
12:09 MJ : COT getting +
12:09 Jayesh : OF rocks…Simply superb….perfect timely entry and just profit…Thanks Shai for this setup.
12:09 Shai : bri ng 11033 now
12:09 Uttam : (12:03) Uttam : 11075 NF sup…NF low so far 11080
12:10 Shai : 11124 my sl
12:10 Uttam : 5 more mins for this bar to close
12:10 Uttam : lets see where it does
12:10 MJ : Lonewolf gets 90+ buggger. Had to exit in a rush. (12:07) MJ : 4k trying to be lonewolf in bnf.
12:12 MJ : +1 Jayesh.
12:17 Uttam : all those red COt not having much effect in NF?
12:17 Shai : _/\_- (12:09) Jayesh : OF rocks…Simply superb….perfect timely entry and just profit…Thanks Shai for this setup.
12:17 Uttam : supply getting absorbed here?
12:18 MJ : Yes Uttam.
12:18 MJ : Bulls know their game.
12:18 MJ : They have noted shai’s yesterday message of not screwing the open they got yesteday.
12:19 MJ : Can not give enough weightage to the homework that you got to do before the market hours. The hypos that are shared are a testimony to it.
12:19 Uttam : 11120 still elusive
12:20 Shai : vwap/ poc there
12:20 Shai : 11105
12:20 Uttam : 11118.8 high in this bar NF
12:28 Uttam : buyers getting tired looks like now sellers not giving away
12:28 MJ : Tug of war
12:28 Boppanna : 540 on watch in BNF as well
12:28 Uttam : sellers having this
12:31 RK : NF vwap still flat
12:33 MJ : RK holding 075 can keep bouncing?
12:33 MJ : Fade wise?
12:33 RK : yes 65-70 ref for break
12:33 RK : to get 35
12:33 MJ : Okay. Watching 🙂 Thanks.
12:37 Boppanna : BNF expiry today not just RBI you can do more
12:38 MJ : Get her below 440
12:38 MJ : And keep her there Bopp 🙂
12:41 Kathir : 🙂 female bnf
12:41 Boppanna : belwo 410 a neat drop to 340 there
12:42 MJ : 54k here
12:44 Himanshu : uttam whats ATR please?
12:47 Himanshu : shai thats 63 k is cover order?
12:48 Hari : Shai, can you please move NF profile charts a bit up
12:49 MJ : Bopp 🙂
12:49 MJ : Kudos.
12:49 Shai : 11060 half job done
12:50 Kathir : congrats all
12:50 Shai : (12:09) Shai : bri ng 11033 now(12:10) Shai : 11124 my sl
12:50 MJ : 🙂
12:50 MJ : 11119 high thusfar.
12:51 MJ : Congrats shai.
12:51 Shai : 37k and 64k are profit booking
12:51 Shai : biggest from 11.45
12:51 MJ : Shai still they appearing in green?
12:51 MJ : Means they booking at market?
12:51 Shai : can bring 11085/ 11100
12:52 Himanshu : again to reshort ?(12:51) Shai : can bring 11085/ 11100
12:52 Shai : yeah profit booking morn shorts
12:52 Boppanna : Shai’s 360F of Tuesday held in BNF
12:53 Shai : to reshort have to see reds Himanshu
12:53 MJ : Yes Bopp. Scratched then.
12:53 Himanshu : ok shai… got it
12:53 Uttam : a) NF has immediate support at 11075 below which it can test 11060 & 11045
12:53 MJ : 🙂
12:53 MJ : This is why hypos are gems.
12:55 Uttam : we have greens right there plus 30min POC also shifts there
12:56 MJ : Clear greens from 1240 to 1255.
12:56 Uttam : NF does 1.5 IB both sides
12:56 Uttam : Neutral Day
12:57 Uttam : BNF also in fact BNF does 3 IB up & 2 IB down 🙂
12:57 MJ : Volexpansion there too.
12:57 Uttam : both making a bell now?
12:57 Uttam : 3-1-3?
12:59 Uttam : a) BNF has a prominent POC at 27430 which is immediate support below which can test 27380-350…BNF made a low of 27370 in that dip
13:00 RK : Long NF above 11090 SL 11070 obj 11120
13:00 Uttam : +1 RK
13:02 MJ : RK two sided fast auction so far?
13:05 Uttam : BNF near the dPOC but NF needs to go up a little more
13:12 Uttam : NF approaches vwap
13:13 Shai : No reds
13:13 Shai : on track still for 11119
13:13 Uttam : big greens at vwap40k COT
13:14 Shai : this was on- (12:51) Shai : 37k and 64k are profit booking(12:51) Shai : can bring 11085/ 11100
13:14 Uttam : +1 Shai
13:15 Shai : why have reds backed out ?
13:15 RK : Book full 11112 (13:00) RK : Long NF above 11090 SL 11070 obj 11120
13:15 TP : +1
13:15 Shai : +1 RK
13:15 MJ : Half done 🙂 (12:42) MJ : 54k here
13:15 Boppanna : +1 RK
13:15 Shai : simple dval to dvah Cheers
13:15 MJ : Aye Aye chief.
13:15 Uttam : super trade RK 🙂
13:15 MJ : Breadbutter trade.
13:16 MJ : Congrats RK.
13:16 Uttam : (12:57) Uttam : both making a bell now?(12:57) Uttam : 3-1-3?
13:16 Manjunath : + 1 RK / Shai
13:16 Shai : neuttral day environ
13:16 Shai : keep an eye for fresh reds
13:16 MJ : Alert is out.
13:16 Uttam : 11060 holding with greens comign was perfect
13:16 MJ : 🙂
13:16 Uttam : MP+OF combo – lethal
13:16 MJ : 11033 will make the 313 look good Uttam?
13:16 MJ : Lethal and green.
13:17 Uttam : BNF tying to get into the singles
13:17 Shai : 11114 was IBH?
13:17 MJ : 11133**
13:17 Uttam : BNF can run up looks like
13:17 MJ : Yes Shai.
13:17 Uttam : needs to sustain above 2760
13:17 Shai : +1
13:17 Uttam : 27560
13:17 Uttam : yes Shai
13:17 Uttam : 11114 IBH
13:19 TP : still 720 post RBI ….(10:37) TP : Monthly 275k combo just 720 , doesn’t look like BN in a hurry to move.
13:19 Uttam : now it can start falling Tej if BNF does not trend
13:20 TP : yes uttam vix also might cool down.
13:20 Manjunath : Shai – If NF 11200 spot doesn’t break in next couple of days, good chance of NF visiting 10700 area again?
13:20 Uttam : had entered 27k monthly at 875 but scratched it on Tuesday
13:21 Uttam : @Manjunath if we retain the tail at top in both till EOD and tomorrow then very good chance
13:21 Uttam : 10800 Shai had mentioned
13:21 Manjunath : Thanks Uttam!
13:21 Uttam : 11120 & 27570 on watch till close now
13:22 Uttam : and looks like BNF will lead here in any direction
13:22 TP : BN option pain still 274k ?
13:23 Uttam : oh I forgot we have expiry too today 😉
13:23 MJ : Yes
13:23 MJ : tp
13:23 Uttam : 27454 exact pain
13:24 TP : tks
13:24 Uttam : strike wise 27400
13:24 TP : so move done vix range 320 , 296 done .
13:24 Uttam : yes Suyog as always bang on
13:29 Kathir : tej upstox working ?
13:30 TP : yes
13:30 Manjunath : Upstox having problems for me for last couple of days
13:30 TP : no issues
13:30 Kathir : ok
13:30 Manjunath : do you use nest or web based?
13:30 Kathir : here not opening
13:30 Kathir : web
13:30 TP : you guys having issues …should i remove open orders 🙂
13:30 Kathir : lol..
13:30 Manjunath : lol
13:30 MJ : Lol
13:30 Uttam : lol Tej
13:31 TP : i am on nest , not sure of web.
13:31 Manjunath : nest will not have problems normally….it’s the web one which always have problem.
13:31 Sandeep : Nest rksv working well for me too
13:32 Manjunath : then should switch to nest
13:32 Uttam : 27500 being targetted now by writers?
13:32 Sandeep : Anyone here experience with wisdom capital ? Anyone using here ? How is it ?
13:39 Uttam : BN Spot already accepting in singles
13:39 Uttam : BNF could follow it here
13:42 MJ : RK again J period will be imp here?
13:42 RK : BNF am bullish
13:42 MJ : Okay got my ans.
13:43 MJ : Thanks.
13:43 MJ : I period COT needs to go closer to 0 before 1345 close.
13:44 MJ : From -34k to -9k and now 10k.
13:44 Uttam : NF now into the tail
13:49 RK : NF Fa
13:49 Uttam : yep spot also
13:50 Uttam : ATR at 121 Himanshu, missed your msg earlier
13:50 Boppanna : 25700 BNF?
13:50 Boppanna : 27700
13:50 RK : 670 min
13:50 Uttam : bring it on Bops 27716
13:51 RK : 111160 NF
13:51 RK : then close at vwap
13:51 MJ : (13:16) MJ : 11133* will make the 313 look good Uttam?(13:17) MJ : 11133**
13:52 MJ : High dot at 11133 🙂
13:52 Uttam : you typed 11033 that time Mihir 🙂
13:53 Uttam : which is why I was confused that you still looking at downside
13:53 MJ : Was a typo and reposted the next min itself 🙂
13:54 Uttam : missed that
13:54 Uttam : (13:16) MJ : 11033 will make the 313 look good Uttam?
13:54 MJ : (13:17) MJ : 11133*
13:54 Uttam : you edited the post while pasting it again?
13:54 MJ : 11033 would not let it be 3-1-3 🙂
13:55 MJ : * hence.
13:55 Uttam : which is why I said I was confused
13:55 MJ : Gotcha. 🙂
13:55 Uttam : hence did not reply
13:55 Uttam : 🙂
13:55 MJ : But now this looks more closer to 313.
13:55 Uttam : dont want 3-1-3 now
13:55 Uttam : want upside
13:55 Uttam : accepting in the singles at top
13:55 MJ : Rest at max at ibh and then get that 11160 of RK.
13:56 Uttam : 27600pe OI starting to move
13:57 Uttam : though too little for now
13:57 Uttam : 27600ce wrtiers should be givne a scare
13:58 RK : NF vol still at 70lacs
13:58 RK : for a event day thats less
13:59 Uttam : NF on for new highs?
13:59 RK : another 15mins
14:00 Uttam : 10 points in 15 mins 🙂
14:00 MJ : Uttam you check nf bnf oi in nse website?
14:00 MJ : Get me a better looking ui web please?
14:01 Uttam : I check it on Ami and my trading terminal Mihir
14:01 Uttam : NSE need to keep refreshing
14:01 MJ : Okay Uttam. Got to get a better web space to check the oi.
14:02 Uttam : 27585 is VAL of old balance in BNF
14:03 Uttam : if stays above it then 27745 is the VAH
14:04 Uttam : and of course 27600 is the budget day highs
14:05 MJ : Shai COT is a wonderful adhoc to this entire OF experience.
14:06 Uttam : BNf tagging dPOC once before moving higher?
14:08 Uttam : 27600ce getting written now
14:08 Uttam : these writers could get into trouble
14:12 RK : if K gets into IB then neutral center
14:26 Boppanna : lottery 27600ce?
14:27 Uttam : pull back lows done in both now lets get to highs 🙂
14:28 Uttam : still 15 more mins for this period to close though
14:29 Uttam : pain moves to 27500 now
14:29 Uttam : (13:32) Uttam : 27500 being targetted now by writers?
14:30 Uttam : (14:06) Uttam : BNf tagging dPOC once before moving higher? BNF low 27522 and spoc as well as ibh at 27510
14:30 Himanshu : no pbm uttam (13:50) Uttam : ATR at 121 Himanshu, missed your msg earlier
14:32 Himanshu : uttam NF given FA at top?
14:32 Uttam : some greens here in BNF
14:32 Uttam : NF also
14:33 Uttam : at lows Himanshu
14:33 Himanshu : ohh yeah
14:33 Uttam : top we stayed for more than 30mins I guess
14:33 Uttam : so that was not a FA
14:33 Himanshu : yess yess..
14:34 Uttam : BNf program starts?
14:34 Uttam : 24k COT
14:34 Uttam : 36K in NF
14:35 MJ : DHI closing just like yest?
14:37 Uttam : come on BNF get above that 27600
14:39 Himanshu : value higher , day high close. bullish?
14:41 Boppanna : line drawn for now 14:02 Uttam : 27585 is VAL of old balance in BNF
14:55 Uttam : 15:05 new move if any would start as Jit says
14:55 Uttam : on expiry day
14:58 Shai : was a relatively easier RBI day to trade today than the usual
14:58 Shai : moves were clean
14:59 Shai : just wondering still why the selling dried up 🙂
14:59 Shai : still no answer to this- (13:15) Shai : why have reds backed out ?
14:59 RK : another big FII purchase day seems..3 times a dip in BNF and gave bounce only and consolidating higher
15:00 Shai : yesterday was a 40% day
15:00 RK : yes
15:00 Uttam : yes Shai
15:00 Shai : we had anymore of those so far this seroes?
15:01 RK : yday interesting data set is no change from CE OI..they are playing via futs and might add CEs after the leg is done seems
15:02 Shai : hmm
15:02 Shai : bears went hom,e for Christmas and never returned 🙂
15:03 Shai : we got a nice 3-1-3 today
15:03 Imran null : I have some puts of 10800
15:03 Shai : at best we will get some value churn here
15:03 Imran null : any suggestions
15:03 Hari : NAV booster rally coming earlier it seems
15:04 Shai : 10800 may start losing money Imran
15:04 Shai : not seeing a fast move down though am expecting 10800 once this series again
15:04 Imran null : better to cover
15:04 Shai : but maybe after 20th
15:04 Imran null : my avg is around 57
15:05 Shai : NC today it is
15:05 Imran null : ??
15:06 RK : Imran make exit
15:07 RK : its almost close to your avg..no point holding that
15:12 Imran null : thanks RK and Shai
15:13 Uttam : 27500pe turned out to be lottery today
15:13 Hari : Shai, is the selling tail in NF and BNF are of any significance
15:14 Uttam : todays writers in that got squeezed out looks like
15:14 Shai : yes Hari
15:14 Shai : they are
15:15 Hari : does mark the end of auction
15:15 Shai : has to break the 3-1-3 low now as we saw RB there
15:15 Hari : have taken swing shorts today and hence asked
15:15 Shai : yeah need profile conf tom
15:15 Hari : Thank you Shai
15:16 Uttam : (14:55) Uttam : 15:05 new move if any would start as Jit says(14:55) Uttam : on expiry day
15:16 Shai : neutral day passes the baton to the next profile always
15:16 Uttam : that 27500pe started the move at 15:05
15:16 Shai : it itself it is not a decison maker but can mark the end of an existing auction
15:16 Uttam : 35-88
15:17 Imran null : exited at 58.4
15:18 Imran null : once again thanks
15:18 Hari : BNF looks very bad
15:18 Uttam : RK this could be a false move as expiry today & trend resumes tom?
15:18 Uttam : nice balance in both with Value higher
15:19 RK : Uttam hold IBL in NF and 27395 in BNF next 10 mins
15:19 RK : for that
15:19 Uttam : got it RK 🙂
15:21 Hari : look like fresh shorts @RK?
15:21 RK : yes Hari
15:21 RK : BNf is weak
15:21 RK : must have damaged a lot many swing system today if traded
15:21 RK : swiped both side many times
15:22 Hari : yes, market getting sold in last 30 mins is brutal,
15:22 Hari : perfect trap, ppl going gaga over FII longs yday at the end of auction and SAR today, my .02
15:23 Miyajan : had taken swing long yday bnf,squared off above 500
15:23 Himanshu : hari is rate cut adding to trap?
15:23 Uttam : @Hari I dont think many people trade based on the FII figures?
15:24 Hari : True Uttam, but most dont have access to the OF data like we have
15:24 Uttam : RK low of 27394.7 & 11079 ok>
15:24 Uttam : ?
15:24 Hari : everyone talking of fractal of market jumping up before election, can actually do the opposite
15:24 RK : ok Uttam..another 5mins 🙂
15:24 Shai : Positional – Take a short BNF 50% qty at 27425 F here. Maintain sl of 27650. We will add balance qty tom.
15:25 RK : BNF did more than 1500 points swing today since open 🙂
15:25 Uttam : time for a trending move in it rather than doing up and down 😉
15:25 RK : go home happy if you have not lost money today 🙂
15:25 Shai : real kicker is a move below 27330 F tom
15:26 Hari : Uttam, give 10680 pls
15:26 Uttam : oh yes lost a bit in the 27600ce lottery but thats part of MTM so no loss
15:26 Uttam : 11100pe & Ce both were winners 🙂
15:27 Uttam : by the way there is one theory that by Monday we could make a major top Hari 🙂
15:27 Uttam : if that helps
15:27 RK : only two trade for me today..apart from longs with room one short from 130 to 105 VWAP for NC play
15:28 RK : rest all day watched charts 🙂
15:28 Sandeep : Another great expiry. Added huge qty over 15k shorting 27500ce, amd 27600ce at every high. Market hinted morning but event took it up and gave opportunity. In short order flow helped a lot too. Thanks for OF
15:28 Uttam : nice Sandeep, saw it later but that 27500ce gave a nice rejection first at yesterday vwap & then at todays vwap
15:28 RK : so event day ends with NE
15:29 Shai : yes let’s see tom for a follow up
15:29 RK : fast finger day at open tmw
15:29 Sandeep : Cheers guys..bye
15:29 Uttam : imp day tom Shai/RK? to set up the tone for rest of this month?
15:29 Kathir : thanks and bye all
15:29 Uttam : thanks for the alert RK
15:29 Shai : I rememeber the last time we were here the NF swung wild below 11200 to 10900 something and got a second round of selling at 11170 on a pullback
15:29 Uttam : will be ready
15:29 Shai : never crossed 11220 F again
15:30 Shai : Bye all
15:30 Shai : Have a nice evening’
15:30 Himanshu : bye all
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 TP : Bye All.


10:01 TP : Shai views on SUNPHARMA ,id.
10:12 Shai : 428 strong swing res
10:12 Shai : intra showing active sellers should go to 418
10:15 TP : tks chief.
10:43 MJ : Chief Zee 405 done 🙂
10:43 MJ : More legs above 407?
10:48 Boppanna : Shai intra view on JubliantFood
12:52 TP : MJ checkout TATSTEEL 3ib set up despite bot giving a buy 🙂
12:54 MJ : Checking TP.
12:55 TP : multiple attempts for ibh spike up and crashed in same bar.
12:56 MJ : Yes. Gets back to our conversation to deal 3ib setup after ib 🙂
12:56 TP : +1
13:56 Manjunath : Shai – Your views on Maruti please for the series?
13:57 TP : Maruti above 7100 was buy i guess.
13:58 TP : Shai had given 7100 as swing resistance
13:59 Manjunath : It started falling from 7300/7100 area.
13:59 Manjunath : Shai had given 7100 as resistance.
14:44 Shai : zeel continues to be strong abv 380
14:44 Shai : scene of crime at 438 if manages 407
14:44 Shai : but some balancing expetced here
14:53 Shai : 7360 next short term supply in Maruti
14:53 Shai : shoukd do 7540 easy if crossed
14:54 Manjunath : Thanks Shai!