When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.
NF
BNF
Room Chat
08:57 Vtrender Live : (08:55) Vtrender Live: option charts – https://join.me/872-657-343
(08:57) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/207738741
09:15 RK : (09:15) RK : Short NF 10790 for 10740 SL 10820
09:16 RK : (09:16) RK : part book 10770 (09:15) RK : Short NF 10790 for 10740 SL 10820
09:17 RK : (09:17) RK : trail SL to 10793 (09:16) RK : part book 10770 (09:15) RK : Short NF 10790 for 10740 SL 10820
09:25 RK : (09:24) RK : remaining out at 10793 (09:17) RK : trail SL to 10793 (09:16) RK : part book 10770 (09:15) RK : Short NF 10790 for 10740 SL 10820
09:34 RK : (09:34) RK : Short BNF 50%25 27350 for 27220 SL 27415
09:57 RK : (09:57) RK : Add another 50%25 below 27350 and move SL to 27405 (09:34) RK : Short BNF 50%25 27350 for 27220 SL 27415
09:59 RK : (09:58) RK : move SL only after second fill below 27350 till then keep at 27415 (09:57) RK : Add another 50%25 below 27350 and move SL to 27405 (09:34) RK : Short BNF 50%25 27350 for 27220 SL 27415
10:04 RK : (10:04) RK : BNF stopped (09:58) RK : move SL only after second fill below 27350 till then keep at 27415 (09:57) RK : Add another 50%25 below 27350 and move SL to 27405 (09:34) RK : Short BNF 50%25 27350 for 27220 SL 27415
10:18 RK : (10:18) RK : Short NF 10840 for 10815 SL 10865
10:35 RK : (10:35) RK : part book 10825 and move SL to cost (10:18) RK : Short NF 10840 for 10815 SL 10865
10:45 RK : (10:45) RK : book full 10817 (10:35) RK : part book 10825 and move SL to cost (10:18) RK : Short NF 10840 for 10815 SL 10865
10:51 RK : (10:50) RK : Long BNF 50%25 27390 for 27450 SL 27340
11:13 RK : (11:12) RK : Long NF 10795 for10820 SL 10770
11:29 RK : (11:29) RK : part book 10810 and move to cost (11:12) RK : Long NF 10795 for10820 SL 10770
11:34 RK : (11:34) RK : remaining out at cost at 10795 (11:29) RK : part book 10810 and move to cost (11:12) RK : Long NF 10795 for10820 SL 10770
11:35 RK : (11:35) RK : make exit at 27360 (10:50) RK : Long BNF 50%25 27390 for 27450 SL 27340
11:53 RK : (11:52) RK : Short BNF 50 %25 at 27370 and another 50%25 at 27425 SL 27465 for 27250
12:10 RK : (12:10) RK : 100%25 shorts in now with avg at 27397 (11:52) RK : Short BNF 50 %25 at 27370 and another 50%25 at 27425 SL 27465 for 27250
12:48 RK : (12:48) RK : Short NF 10815 for 10785 SL 10835
13:00 RK : (12:59) RK : make exit 10818 (12:48) RK : Short NF 10815 for 10785 SL 10835
13:05 RK : (13:05) RK : stopped (12:10) RK : 100%25 shorts in now with avg at 27397 (11:52) RK : Short BNF 50 %25 at 27370 and another 50%25 at 27425 SL 27465 for 27250
14:00 RK : (14:00) RK : Long NF 10835 SL 10810 will update obj
14:03 RK : (14:02) RK : keep part book at 10860 and move SL to cost once part booked (14:00) RK : Long NF 10835 SL 10810 will update obj
14:05 RK : (14:04) RK : 10860 part booked..keep remaining at 10885 for exit and move SL to 10835 (14:02) RK : keep part book at 10860 and move SL to cost once part booked (14:00) RK : Long NF 10835 SL 10810 will update obj
15:19 RK : (15:19) RK : make exit 10845 (14:04) RK : 10860 part booked..keep remaining at 10885 for exit and move SL to 10835 (14:02) RK : keep part book at 10860 and move SL to cost once part booked (14:00) RK : Long NF 10835 SL 10810 will update obj
15:20 Shai : (15:20) Shai : STBT – Sell BankNifty 27620 sl of 27777 tgt 27320.
08:55 Vtrender Live : option charts – https://join.me/872-657-343
08:57 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/207738741
09:03 Sanjay : GM All.
09:03 Sanjay : today no one in the room
09:06 Shai : GM all
09:06 Shai : https://vtrender.in/market-profile-analysis-dated-7th-jan/
09:07 Jitender : Gm Folks 🙂
09:07 Ravi : Gm all
09:09 RK : GM Shai and all
09:10 Uttam : Good Morning All 🙂
09:11 Navaneeth : GM Rk, Uttam, Shai n All
09:11 TP : GM All.
09:12 Vinay : GM all…
09:12 Manjunath : GM all…
09:12 Subhodeep : gm all
09:15 RK : Short NF 10790 for 10740 SL 10820
09:16 ANAND BABU NATARAJAN : no chart
09:16 RK : part book 10770 (09:15) RK : Short NF 10790 for 10740 SL 10820
09:16 TP : +1 , quickie.
09:17 Uttam : 1L green in NF
09:17 RK : trail SL to 10793 (09:16) RK : part book 10770 (09:15) RK : Short NF 10790 for 10740 SL 10820
09:17 ANAND BABU NATARAJAN : no chart
09:18 TP : Uttam this 1l could be 872 guy exiting , 100 for him.
09:18 Uttam : yesterday & only 1L coveredyes Tej we had almost 3L sellers above
09:19 Uttam : yes Tej
09:19 TP : charts stuck ?
09:19 Shriram : Relogin helped me with stuck charts
09:19 Jitender : Shai..copy disabled in chat ?
09:20 TP : yes jit , was about to ask.
09:20 Jitender : pls enable it
09:22 Uttam : BNF tags vpoc of
09:22 Uttam : NF that of
09:22 Uttam : 27308 / 10775
09:22 Shai : charts not moving?
09:23 Ravi : RK does partbook done.
09:23 TP : refreshed but still look slow but moving.
09:24 RK : yes Ravi
09:24 Ravi : Tq RK
09:24 RK : remaining out at 10793 (09:17) RK : trail SL to 10793 (09:16) RK : part book 10770 (09:15) RK : Short NF 10790 for 10740 SL 10820
09:24 MJ : TP that wasn’t even a quickie.
09:24 MJ : Whattey trade.
09:25 Shai : okay- (09:20) Jitender : pls enable it
09:25 Uttam : NF trying to give a ORR up but BNF still below lows of yesterday
09:25 TP : MJ another quickie was TAMO 180 ce from 5.4 to 6.4 in minutes 😉
09:26 MJ : Tamo I am in 🙂
09:26 TP : +1
09:26 MJ : and 777 longs of nf.
09:26 Uttam : Shai views on USDINR now that upside objective done?
09:26 MJ : booked my half 🙂
09:27 MJ : 118950 at vpoc of 770.
09:28 Uttam : vpoc was at 10775
09:28 Uttam : needs to hld above it
09:28 MJ : @Uttam checking vpoc levels from 5 min chart.
09:29 MJ : Going for the poc?
09:30 Uttam : that was a dPOC on 5min Mihir not the vpoc
09:31 MJ : Thanks Uttam.
09:32 Shai : secured lows in NF
09:32 Shai : could boucne to 10838
09:32 MJ : 🙂
09:32 Ravi : @Shai invalidation for long
09:33 Boppanna : BNF first part done b) Sustaining below 27380, BNF can tag VPOC of 27308 & pull back low of 27205
09:34 Uttam : now lets get BNF back above 380 Bops
09:34 RK : Short BNF 50% 27350 for 27220 SL 27415
09:35 Uttam : BNF staying below pday lows
09:35 Vijayakumar : sorry,bit confusing need to take long in NF or short
09:35 Vijayakumar : ?
09:36 Uttam : active call in in BNF Vijaya
09:36 Vijayakumar : ok
09:36 Shubro : Hi Shai/Uttam not getting charts
09:37 Uttam : reds in NF here
09:37 Shai : do a refresh Shubro
09:37 Shubro : ok gotcha took some time
09:37 Shubro : working now thanks!
09:37 Shai : yeah sometimes it is your ISP
09:38 TP : Jit how is the order execution on upstox nest ?
09:38 Ravi : open pending
09:38 Jitender : pendn fr last 5mins
09:39 Jitender : thinkn of gettn my own colo…tired of theese brokers
09:39 TP : same here and both my buy and tgt price have been printed 🙂
09:40 TP : Jit get your own infra and be the official broker of team VT 🙂
09:41 Jitender : nah man…m a very less mortal to be broker…happy with my own
09:42 Jitender : friday had a call from a twitter famous trader..fr taking a session in a seminar….i laughed so hard..poor bugger disconnected
09:42 TP : lol
09:43 Shai : lol
09:43 Shai : give names . everyone is famous on twitter 🙂
09:44 Jitender : bangalore based
09:44 Jitender : bomay seminar being planned…on guess wat..’options’
09:45 MJ : Jit lol bombay wala aur batana jara.
09:45 Dhaval : guess he is CA too Jit..
09:45 Uttam : your another fav PR part of it right?
09:45 Manjunath : Rudra :p
09:45 Dhaval : lol
09:46 Jitender : no Uttam…actually he got wind of my ledger from this other guy with me in the 3rd a/c i told u abt
09:46 Uttam : oh ok but thats not good na?
09:46 Jitender : yh
09:46 TP : Bombay option seminar has Jit’s fav star 🙂
09:47 Jitender : everyone’s fav & Rk’s friend
09:47 TP : 🙂
09:47 TP : why do you need f……. seminars if you get your dt done in half hour of open 🙂
09:47 Jitender : eggzactly
09:48 Uttam : (09:34) Uttam : now lets get BNF back above 380 Bops
09:48 Jitender : m happy attending tem..if i get a discount 🙂
09:49 Uttam : NF needs to get av 10813
09:49 Jitender : Uttam..not fair..u can copy & we can’t
09:49 Uttam : lol 😉
09:49 Uttam : you are original Jit 🙂
09:49 MJ : Jit you can copy the oldschool way.
09:49 Jitender : how ?
09:49 Jitender : printscr
09:50 MJ : Just move cursor over the test.
09:50 MJ : Text*
09:50 Uttam : BNF high so far 27377.
09:50 MJ : Oh you can’t
09:50 MJ : my bad.
09:50 TP : doesn’t wrk MJ.
09:50 Boppanna : +1 Uttam 300 protected for now looks like
09:50 Jitender : Shai has taken care of tat also 🙂
09:50 MJ : Shai noooooooo.
09:50 MJ : Y U do this?
09:51 TP : i think some issues due to bootcamp set up .
09:51 MJ : I am just trying to be a little dramatic as the trade is going my way 😛
09:52 MJ : @TP.
09:52 Uttam : this is a new room so need to get back old settings
09:52 Shai : 10770 guy is big and already up 35
09:52 Boppanna : 830 in NF above 810
09:54 Shai : (09:32) Shai : secured lows in NF(09:32) Shai : could boucne to 10838
09:54 MJ : 118950 <> and end of auction. Jabardast shandar!
09:54 Shai : 10817 done
09:54 Boppanna : +1 Shai
09:54 MJ : Shai 777 and 774 entries 🙂
09:55 Shai : some seeling coming here
09:55 Shai : Nice MJ just behind you at 782
09:55 Boppanna : nice MJ
09:55 MJ : 10777 has been around since some time now. this is massive number consolidation IMO. Previous month RO.
09:56 MJ : 75% out 815. will hold with tsl.
09:57 RK : Add another 50% below 27350 and move SL to 27405 (09:34) RK : Short BNF 50% 27350 for 27220 SL 27415
09:58 RK : move SL only after second fill below 27350 till then keep at 27415 (09:57) RK : Add another 50% below 27350 and move SL to 27405 (09:34) RK : Short BNF 50% 27350 for 27220 SL 27415
10:01 MJ : Shai poc hit?
10:01 MJ : 🙂
10:03 Boppanna : 824 high for now but still possible a) Neutral Extreme Day reference of 10778 to 10827 in play for tomorrow open
10:03 Uttam : BNF boom boom
10:04 Vijayakumar : yeah
10:04 Uttam : ORR in both NF & BNF
10:04 RK : BNF stopped (09:58) RK : move SL only after second fill below 27350 till then keep at 27415 (09:57) RK : Add another 50% below 27350 and move SL to 27405 (09:34) RK : Short BNF 50% 27350 for 27220 SL 27415
10:04 Uttam : A period singles need to hold now
10:06 Boppanna : Above 810 830 possible out..
10:06 Uttam : (09:49) Uttam : NF needs to get av 10813
10:08 Boppanna : Hypo are bingos today b) Sustaining above 10803-813, NF can tag 10840-843 & 10865
10:10 TP : reds piling up NF.
10:10 Boppanna : Uttam u planning on c) in BNF or done for now
10:11 Uttam : (09:26) Uttam : Shai views on USDINR now that upside objective done?
10:12 Uttam : 27460 done in BNF Bops so next move if get new legs abv it
10:12 Uttam : can tag 27540
10:15 Uttam : c) NF remains weak below 10803 & can test VPOC of 10775 & 10757 below it
10:16 Uttam : Once NF did the downside objective & we got that 1L buyer it was time to look for upside move
10:16 Vijayakumar : good call shai
10:16 Vijayakumar : target achieved
10:16 Uttam : b) Sustaining above 10803-813, NF can tag 10840-843 & 10865 and now upside 1st part also done
10:18 RK : Short NF 10840 for 10815 SL 10865
10:18 Uttam : that ext handle of 10809 can be tagged RK?
10:18 RK : yes
10:19 Uttam : poor highs though in NF
10:21 Shai : nice selling here in NF
10:22 Shai : trifecta
10:22 Uttam : morning longs booking Shai?
10:22 Shai : yes
10:22 Boppanna : Yesterday IBL around 460 today IBH same
10:23 Boppanna : in BNF
10:23 RK : 10844 SOC visited and sellers back
10:23 RK : Acceptance above for PDH and above
10:23 Shai : usdinr is an open auction today around that 7015 mark
10:24 Shai : don’r really have vision for it today but no weakness till above 70
10:24 Uttam : oh ok Shai, thanks
10:25 Boppanna : IMO BNF for now can just be in the spike 445-370 or if sustains 450-460 can quick dash to 540
10:27 Boppanna : belwo 350 RK’s morning call might ring ..
10:29 RK : BNF yet to tag VAL
10:30 Uttam : Shai BNF high not seen in the box
10:34 Uttam : thanks Shai
10:34 MJ : @shai Trend day in the making? Or too early to say?
10:35 Manjunath : How is it TD? It’s not one sided move right? It’s kind of rotating…isn’t it?
10:35 RK : part book 10825 and move SL to cost (10:18) RK : Short NF 10840 for 10815 SL 10865
10:35 Boppanna : +1 RK
10:35 Uttam : +1 RK
10:35 TP : +1
10:36 Manjunath : Good call RK sir!
10:36 Shai : +1
10:36 Shai : bring vwap RK
10:36 Manjunath : @MJ…Just clarifying…
10:37 RK : yday both long in NF failed after giving 17-18 points upside and came back to SL..so better book smthing
10:37 RK : 15-20 is always good part book zone in NF based on rotation history
10:37 Uttam : nice RK, makes sense
10:38 MJ : 2
10:39 MJ : @manjunath. I am not saying. Hoping that WIP for TD comes through.
10:39 Manjunath : Ok..got it. Thanks!
10:40 MJ : Poor highs too.
10:42 Uttam : we have been one time framing up since open Manjunath
10:42 Uttam : so trend day is possibble as long as mirning singles are held
10:42 MJ : @Shai where is the seller at 770? 😛 all the garbled OF users are baffled today. They are still finding the answer to why market went up after such a big seller. haha!
10:43 MJ : Manjunath also vwap yet to be tested.
10:43 Manjunath : Thanks Uttam & MJ…
10:45 RK : book full 10817 (10:35) RK : part book 10825 and move SL to cost (10:18) RK : Short NF 10840 for 10815 SL 10865
10:45 Shai : +1
10:45 MJ : Lovely Trade RK 🙂
10:45 Shai : :)- (10:42) MJ : @Shai where is the seller at 770? 😛 all the garbled OF users are baffled today. They are still finding the answer to why market went up after such a big seller. haha!
10:45 MJ : SAR 840 for last 25%
10:45 Uttam : 10809 needs to come still 😉
10:45 Shai : I got hit by an avalalnche of DM’s after my tweet
10:45 MJ : Coming uttam. thamba.
10:45 Uttam : done
10:46 MJ : Share the chart I say.
10:46 Shai : vwap- (10:36) Shai : bring vwap RK
10:46 MJ : Out at vwap 🙂
10:46 TP : +1 rk
10:46 MJ : 4/4 today.
10:46 MJ : Time for a break.
10:46 Uttam : (10:18) Uttam : that ext handle of 10809 can be tagged RK?
10:46 Uttam : NF low exact 10809 in this move so far
10:47 MJ : 22k reds at vwap.
10:47 Uttam : -53k COT
10:48 Uttam : 10792-10758 morning singles in NF
10:48 MJ : Can come till open.
10:48 Uttam : weak below 10803 now
10:48 Boppanna : BNF on watch
10:48 MJ : KISS day today.
10:50 MJ : Shai sometimes the Tape does a full fast forward move in short seconds. What is exactly happening in the auction at that time?
10:50 RK : Long BNF 50% 27390 for 27450 SL 27340
10:50 MJ : Presuming loads of market orders?
10:53 Uttam : BNf got big seller at vwap
10:55 Uttam : BNF weak below 27380-360
10:55 Uttam : NF in to morning singles
10:55 MJ : and comes till open. 🙂
10:56 Uttam : big reds in NF in this move down
10:56 MJ : vwap was one lal salam.
10:56 MJ : in both.
10:58 MJ : Seeing if 118k has exited or no.
10:58 MJ : Price testing his area again.
10:58 RK : will be back in 10 mins
10:59 Uttam : okies RK
10:59 MJ : DOP longs initiated.
11:02 Himanshu : whats DOP MJ..its there in 5 min but significance?
11:02 Uttam : day open
11:03 MJ : Rotation is the game today.
11:04 Himanshu : yes ..my bad 🙁
11:05 Uttam : BNF forming lower value today & NF getting rejected from yPOC as of now
11:06 Himanshu : poor highs in NF uttam.. can revisit?
11:07 Uttam : those can be buyer exhaustion also Himanshu
11:08 Himanshu : yesss..
11:11 Uttam : and as RK mentioend that was yesterday’s ext handle where sellers pushed it lower & today again NF saw sellers there
11:12 RK : Long NF 10795 for10820 SL 10770
11:14 Himanshu : rk uttam shai can we say spike is rejected?
11:15 Shai : both sides of spike today
11:15 Shai : but more than the spike it is the 45 degree rule which worked Himanshu
11:15 Shai : I gues that was a stronger concept
11:16 Shai : and I think I mentioned the same at the close yesterday
11:17 MJ : Shai some refresh on 45 degree rule please?
11:17 Himanshu : yes shai .. i think i missed that .. bad net yesterday
11:17 MJ : 45-degree lines occur when the POC (fairest price at which business is being conducted) doesn’t migrate lower with price. Yesterday provided a perfect example. When this occurs the market is dangerously short.
11:17 MJ : is this correct info?
11:19 Shai : 15:00 Shai : problem now for tom is that this is a spike15:00 Shai : and will do a 45 degrees15:00 Shai : can do*
11:19 Shai : +1 MJ
11:23 RK : Shai 5mins NF chart fonts I think should go down a point..bolder now
11:27 MJ : Yeah baby!
11:27 Uttam : NF finding sup in mornignsingles hence that dvAH trade RK?
11:27 MJ : nicely done.
11:27 MJ : Booked half DOP trade at 810
11:27 Ravi : Thx RK done 795-810
11:28 MJ : Going for poc again.
11:29 RK : part book 10810 and move to cost (11:12) RK : Long NF 10795 for10820 SL 10770
11:29 Himanshu : some greens at VWAP?
11:30 Uttam : yes late shorts forced to exit
11:30 Shai : +1 RK good one at davl
11:30 Uttam : 30K COT
11:30 Uttam : nice RK
11:32 MJ : RK your trade zones are amazing 🙂
11:34 RK : remaining out at cost at 10795 (11:29) RK : part book 10810 and move to cost (11:12) RK : Long NF 10795 for10820 SL 10770
11:34 Shai : nice auction moving aggressively today
11:34 Shai : let’s see if it wants to give an extension
11:35 RK : make exit at 27360 (10:50) RK : Long BNF 50% 27390 for 27450 SL 27340
11:35 MJ : @shai blue vol line hiding in 30 min OF?
11:35 TP : Any updates on indusbk result timings ?
11:36 Uttam : Shai asked for an extension & looks like both obliging
11:37 MJ : RK today is the day where I remember one line of Varun: rotate is the game and trend is your SL.
11:38 RK : not yet rotation..we have so far 3 imbalance..
11:38 RK : rotations are very small
11:38 RK : down > UP > down imbalance sofar
11:38 RK : BNF not looking good by staying below spike low
11:38 RK : after rej from VAL
11:39 RK : can smash stops below IBL
11:39 RK : NF as long as staying below 10820 could tag 740/720
11:41 MJ : @tp last quarter indusind was out at 13:49
11:42 TP : Tks could be the trigger for bn extension.
11:43 Jitender : its 2mrw Tej
11:44 Jitender : 2day its tata elxsi
11:44 MJ : upstox guys. ID position to be squared off at 3pm.
11:44 MJ : Yes 9th jan.
11:45 TP : oh ok , tks for the update jit.
11:45 Jitender : +1
11:47 MJ : Another dop to VWAP and out.
11:49 RK : anybody facing issues in comment box?
11:49 RK : typing or sm times publishing is not happening..gets stuck
11:49 Shubro : yes happens my end
11:50 RK : ok
11:50 Shubro : but then a few seconds later appears
11:51 Uttam : yes RK looks like small issues in connectivity today
11:51 Boppanna : thats mostly when the net is flaky
11:52 RK : Short BNF 50 % at 27370 and another 50% at 27425 SL 27465 for 27250
12:01 Uttam : BNF can make a bell from the ‘p’ it is right now?
12:05 Boppanna : That 24K red at the 344 in BNF getting out?
12:06 Jitender : .
12:10 RK : 100% shorts in now with avg at 27397 (11:52) RK : Short BNF 50 % at 27370 and another 50% at 27425 SL 27465 for 27250
12:16 Uttam : greens in BNF, shorts quitting?
12:18 MJ : Looks like.
12:19 Uttam : lets complete the bell now in BNF
12:20 Shubro : RK so we exit the BNF shorts or stay put?
12:20 Uttam : SL 27465 Shubro
12:21 RK : Shubro 27465 SL
12:21 Shubro : yes thats why so staying put ok
12:21 Shubro : sorry read that message wrong
12:23 Jitender : 540 ?
12:23 Vinay : Shubro..for a second..when i read that too..i th9iught Uttam meant..we will quit the shorts or something like that
12:24 MJ : Get DHI boys.
12:26 MJ : That’s for bots.
12:27 Uttam : DH in Pes please 🙂
12:27 MJ : Uttam euro open will take this either side.
12:27 Jitender : Mihir..u r long or short ?
12:27 MJ : For now an interesting match between both the parties.
12:27 MJ : I am nil.
12:28 MJ : Jiy.
12:28 MJ : Jit*
12:28 Jitender : k…so TP
12:28 MJ : Positionals running with adjustment.
12:28 MJ : Positionals are long.
12:28 Jitender : k
12:28 MJ : DT ++ is done so not getting overboard.
12:30 Boppanna : For the new joiners pls don’ t get confused with the views that most of us post here ..For calls pls follow RK and SHai chats on entry and exits exclusively ..the rest of our views are may be position speaking of hopes and wishes 🙂
12:31 MJ : Bopp. Important update. 🙂
12:32 Uttam : (12:19) Uttam : lets complete the bell now in BNF…process started
12:33 Uttam : BNF taking sup at vwap
12:35 MJ : Yes Uttam.
12:46 Jitender : 440 pivot
12:47 MJ : Yes Jit decider here.
12:48 RK : Short NF 10815 for 10785 SL 10835
12:52 MJ : Jit bnf shorts in. Get me 380.
12:54 Shai : Normal day shaping up
12:54 Shai : no efforts seen at an extension
12:59 RK : make exit 10818 (12:48) RK : Short NF 10815 for 10785 SL 10835
13:00 TP : Tata Elxsi results out , poor numbers .
13:00 Vijayakumar : hard day to trade
13:05 Praneeth : hi shai, your view on usdinr pls
13:05 Uttam : 35k red here
13:05 RK : stopped (12:10) RK : 100% shorts in now with avg at 27397 (11:52) RK : Short BNF 50 % at 27370 and another 50% at 27425 SL 27465 for 27250
13:06 Uttam : ‘H’ is the whip period RK many times?
13:06 RK : no
13:06 Uttam : with that 40k seller it will be nice to get a FA there
13:07 Jitender : go fr it Uttam
13:07 Jitender : out with him 🙂
13:07 Uttam : it was the ‘J’ period is it?
13:08 MJ : Long you were J.
13:08 MJ : Nice nice.
13:08 MJ : Above 440 you came?
13:08 Uttam : BNf needs to get below 27415 first then vwap Jit
13:08 Shai : high risk short for vwap again in BNF sl of 10490
13:08 TP : 20490 SL
13:09 Uttam : 27490 🙂
13:09 TP : 🙂
13:09 Jitender : wud luv 2 see 10490 on it sumday 🙂
13:10 MJ : Bank stocks are jumping?
13:11 Uttam : 27400ce did not make new highs inspie of BNF making new highs
13:11 Sanjay : Ok
13:14 MJ : Dot to the T VAH reject on bnf.
13:14 TP : quick 40 from that 40k seller in bn .
13:14 Boppanna : +1Shai
13:14 Jitender : will gv more
13:14 MJ : +1 TP. Held 440 short added more 🙂
13:14 MJ : 370 pahije.
13:15 Shai : 27405- (13:08) Shai : high risk short for vwap again in BNF sl of 10490
13:15 Shai : vwap also
13:15 Jitender : +1
13:15 Jitender : grt timing Shai
13:15 TP : Shai that was areal quickie 😉
13:15 MJ : 480 was sl. Not in system thankfully.
13:15 Shai : 35k sleler was there and we did not go above RK’s SL
13:15 MJ : 393 50% out.
13:16 Uttam : (13:05) Uttam : 35k red here(13:06) Uttam : with that 40k seller it will be nice to get a FA there
13:16 Shai : all out
13:16 MJ : Okay chief. TSL at dpoc.
13:20 MJ : out
13:20 Uttam : G & I making similar lows for now at vwap
13:25 MJ : Fast games Shai.
13:26 Shai : yes locals within IB
13:26 Shai : also nice balance done so tom exit or 80% rule either one to be prepped for
13:27 Shai : hopefully no spike again today to mess it
13:27 MJ : Will try to not spike it Chief.
13:27 Shai : keep fading extremes guys . we are a normal day
13:27 Shai : (12:54) Shai : Normal day shaping up
13:27 MJ : Yes Shai. Making the most of sunshine in winters.
13:28 MJ : 10th trade.
13:28 Shai : +1
13:30 MJ : RK just for understanding in your last bnf trade. When you added 50% more. Would you also tinker with SL by some ratio or stick with the sl given for 50%?
13:31 RK : SL predefined when decided to add another 50%..so no tinkering
13:32 RK : Idea was to look for IBL swipe with value down and value in spike
13:32 MJ : Yes I got that trade context. Thanks for the update 🙂
13:32 RK : so going above IBH was invalidation
13:33 MJ : In this case the ibh+ filter rule of yours was intact still.
13:33 RK : yes but such profile should hold within IB so didnt kept filter
13:34 RK : problem is BNf I dont want keep stops roughly above 50 and that not working last 3 days with Neutral days
13:34 RK : NF is ok
13:35 MJ : Yes. I got saved at my 440 short coz of filter. Else bigger bill was waiting. and 40k came to rescue.
13:35 Mahesh : 0’s in BN
13:35 MJ : Staying above 830 is going for yesterdays FA.
13:35 Uttam : no Fa yesterday Mihir
13:36 Uttam : BNF into yVAL
13:37 Uttam : 27530-540 coming?
13:37 Shai : got taken out by buyers – (13:35) Mahesh : 0’s in BN
13:37 MJ : Uttam. C peroid extn and we came back in ib and went down?
13:38 MJ : Talking NF.
13:38 Uttam : D also was above IBH & we stayed for more than 30mins above IBH
13:38 Shai : shows buyers more interetsed here
13:38 Shai : may push higher now
13:38 Jitender : Uttam pls repost my 12.23 comment..if poss
13:39 Boppanna : 540 one Jit?
13:39 MJ : 12:23 Jit: 540
13:39 Shubro : haha 540 Jit nice!
13:39 MJ : Jit the bull is very deadly.
13:39 Uttam : (12:23) Jitender : 540 ?
13:39 Jitender : tx
13:39 MJ : Don’t angry me types it is.
13:39 Jitender : 440 pivot as posted
13:40 MJ : Uttam woh dhi wala bhi jaroor padega copy paste ke lie 😛
13:40 Uttam : c) Above 27445, BNF can probe higher to tag 27515-540 & 27615
13:40 Jitender : tx guys….fr repostn 🙂
13:41 MJ : How you manage to keep it so simple always Jit?
13:41 MJ : Guide us all.
13:41 Jitender : wwas born simple MJ
13:41 Jitender : & i dont eat or use butter 🙂
13:42 MJ : We’ll talk philosophy and life over kulhad.
13:42 TP : MJ need to attend Jit’s seminar to understand 😉
13:42 Jitender : lol
13:42 Jitender : Tej..using ghee
13:42 MJ : Desi ghee.
13:42 Jitender : yh
13:42 Jitender : jor ks jhatke dheere se
13:42 Jitender : ka
13:43 MJ : But no. I’d love to know how and what all do you see when at console.
13:43 TP : #MFData | Inflows into equity for the month of December slip to a 23-month low of Rs 6,606 crore…cartoon tv tweet.
13:43 Jitender : MJ….topic for our deelhi meet
13:43 Jitender : delhi
13:43 MJ : 🙂
13:44 Uttam : @Jit you plan to attnd the delhi investor carnival later this month where Shai is also speaking?
13:45 Jitender : i intend to clink glasses with Shai
13:45 Uttam : if a 40k seller cannot break vwap in BNf then guess we have some good demand at vwap today
13:45 Jitender : but not attend the event
13:45 Uttam : twice it got supported there BNF
13:45 Uttam : NF also looks like repairing poor highs
13:45 Jitender : unless Shai arranges a free pass
13:45 Uttam : lol Jit
13:45 Jitender : tat way will get more time with him
13:46 MJ : Pass or two 🙂
13:46 Shai : 27450 supp
13:46 Shai : can do 80% rule BNF
13:46 MJ : Uttam please to copy/paste my 12:24 comment too.
13:46 Shai : chat copy will be back tom
13:46 Uttam : shorts getting squeezed here
13:47 Uttam : c) Above 27445, BNF can probe higher to tag 27515-540 & 27615
13:47 MJ : Chat copy paste is the best form of self massage 😛
13:47 Shai : can coem today also but would mean I have to restart the room
13:47 MJ : No Shai not needed.
13:47 MJ : We all will wait 🙂
13:47 Uttam : carazy USDINR also making new day hgihs along with BNF?
13:47 Shai : seller shoiwung up agaion in BNF
13:48 Shai : that long is become risky
13:48 Uttam : NF still no day high repair
13:48 Shai : tighten up
13:48 Jitender : yup
13:48 Jitender : 520 high with a trapped green
13:48 Jitender : signal fr the agg trader
13:49 MJ : NF get the high and come down.
13:53 Shai : that seller stopped an easy mobe to POC
13:54 Vijay : today’s I period high = y
13:55 Vijay : previos day J period high
13:55 Vijay : does this time has any co relation
13:55 Vijay : as MP
13:56 MJ : RK small note on learning strategies channel with period and their importance?
13:57 MJ : Just pointerrs.
13:57 MJ : will do.
13:57 RK : nothing specfic as constant..it changes as per day type and auction type..could not generalise as that would lead to wrong perception
13:57 Manjunath : +1 MJ…for the strategies channel.
13:58 MJ : If you can then add day type and what periods to watch?
13:58 MJ : To clear perception. 🙂
13:58 Vijay : Thanks, infact VWAP for both days are diffrent
13:58 MJ : Only if it doesn’t clutter anything.
13:58 Shai : 25th min here ot just at VAL
13:58 Vijay : sure thanks
14:00 Navaneeth : @Shai. Position call @ 108
14:00 RK : Long NF 10835 SL 10810 will update obj
14:02 Vijayakumar : super run
14:02 RK : keep part book at 10860 and move SL to cost once part booked (14:00) RK : Long NF 10835 SL 10810 will update obj
14:03 TP : 870 guy came a bit early 😉
14:03 Jitender : 21k seller bnf
14:04 MJ : Doneee 🙂 12:24: MJ: Get DHI boys.
14:04 RK : 10860 part booked..keep remaining at 10885 for exit and move SL to 10835 (14:02) RK : keep part book at 10860 and move SL to cost once part booked (14:00) RK : Long NF 10835 SL 10810 will update obj
14:04 Jitender : 539.75 printed
14:04 MJ : Kickassssss RK.
14:04 MJ : Jit. 🙂
14:04 Shai : after some sweat- (13:46) Shai : can do 80% rule BNF
14:05 MJ : Awesome.
14:05 MJ : Wolfpack hunting together.
14:05 MJ : RK SHAI JIT.
14:05 Shai : so they chose the time value to overcome the seller in BNF
14:05 MJ : this is too good 🙂
14:05 Shai : did you guys make a note?
14:05 Shai : (13:58) Shai : 25th min here ot just at VAL
14:05 MJ : Yes shai.
14:05 MJ : They batted time. Just like ChePu.
14:05 Shai : Chepu 🙂
14:06 Shai : we are still inside the value of DEC hence we have this trade on – (14:00) Navaneeth : @Shai. Position call @ 108
14:07 MJ : Time screws emotional capital and made them sweat more as bnf stayed at VAL and so did NF hover around 830.
14:07 Jitender : 44o wud b nice
14:07 Jitender : 440
14:08 MJ : VWAP band sellers canbe seen.
14:08 MJ : @Shai?
14:10 MJ : Let’s see if it gets ibh back.
14:10 MJ : In the trade.
14:13 Uttam : BN Spot making hihg almost as yesterday high which was an FA
14:14 Uttam : NF spot also had given a FA yesterday
14:16 Uttam : goes above pday hgihs now
14:16 Uttam : both BN & BNF
14:19 Jitender : K has 2 defend I lows for more upside
14:20 MJ : Extension almost at ibh.
14:23 TP : anyone for a spike/wrb ..bn
14:24 Jitender : sum Trump sppech today keepn spx spruced up
14:25 Shai : 159k seller at day highs stopped the upmove
14:25 Vijayakumar : can we take long position today
14:25 Vijayakumar : ?
14:25 Vijayakumar : oops
14:25 Vijayakumar : sorry
14:26 Vijayakumar : 🙂
14:26 Shai : 10849 supp
14:26 MJ : Shai right at your magical vwap bands.
14:26 MJ : Gracias.
14:26 Shai : No longs till we cross over FA of yesterday
14:26 Shai : positional that is
14:26 MJ : Shai FA in NF is valid too?
14:26 Vijayakumar : ok shai
14:26 Shai : yesterday FA yes
14:27 Jitender : wat price was the 159k seller
14:27 Shai : still a long abv 10845 for intra
14:27 MJ : You had mentioned in one of your workshop. As we have 2 tpo of d.
14:27 MJ : wanted to brush myself 🙂
14:27 Shai : 10870 was seller
14:27 Shai : came at 2.10
14:27 Jitender : tx
14:28 Jitender : just have screen..old laptop..becumz tough
14:28 Shai : is still for VAH and IBH extension
14:28 MJ : Closing above RO.
14:28 MJ : Let’s wait.
14:28 MJ : Invalidation is 845/849
14:29 Jitender : icici+sbi
14:29 Shai : anyone know what wa sthe prem yesterday?
14:29 MJ : Mentioned about bank stocks doing some dance 🙂
14:30 Shai : 814-867 now NF
14:32 Jitender : 50 in nf
14:32 Jitender : came dwn to 38
14:32 Shai : k thanks
14:38 Boppanna : 530 on watch in BNF
14:39 Jitender : BoP 14lac OI on 27500
14:39 Jitender : ce
14:39 Jitender : a spike else liquidation
14:41 Boppanna : beyond 590 +50 Below 530 -50 looks doable
14:41 Jitender : yup
14:41 MJ : 530 570 no trade zone.
14:45 Jitender : 27.5ce 122-98 …done
14:45 Shai : (14:25) Shai : 159k seller at day highs stopped the upmove
14:56 Navaneeth : Can we trade 20 Points scalp @Shai? if we get that seller / morning buyer at VWAP 2/3 SD
14:56 Navaneeth : Not today. In general..
14:57 Navaneeth : With 20 Points stop..
15:01 Boppanna : Uttam pushing for his last target in BNF ? ) Above 27445, BNF can probe higher to tag 27515-540 & 27615
15:02 Shai : yes at vwap 3sd can be a contra move OF permitting
15:02 RK : above 858 NF could do new high
15:02 MJ : Shai today we had perfect vwap band trade.
15:03 Navaneeth : ok. Rarely we see it @ 3 SD. It is usually at 2 SD as I watched
15:03 Navaneeth : I mean when VWAP is not flat
15:03 MJ : seller also came at 870. Now vwapub has gone to 887. So if RK takes above 858 we can see 890++ on close.
15:05 Uttam : RK/Shai 2day balance above previous balance so can pribe higher tom both Nf & BNF?
15:05 Uttam : probe*
15:06 RK : Uttam one more down day then clear FA would be ideal for swing
15:07 RK : both having lower overlap values
15:07 Shai : I’m looking at soke shorts in BNF at open tom to hold
15:07 RK : only price is up
15:07 RK : so it has to justify by value tmw
15:07 RK : else move down
15:07 Uttam : RK yesterday Value was higher & we closed lower so today opposite happening?
15:07 Shai : remeber last thrursday said that it refused to move lower and would go up….sicne that thurs lows we are up 550 points
15:07 Uttam : yes Shai
15:08 Uttam : that 20750 holding on expiry day was some strong signal
15:08 Uttam : 27050
15:08 RK : yes Uttam
15:08 Uttam : BNF wants to tag that 27615 & be doen with it 😉
15:09 Uttam : poor highs in it
15:10 MJ : Shai overnight pes can be held? BNF?
15:11 Shai : yes
15:11 Shai : 27550 spot res
15:11 MJ : Thanks. Will take few around close.
15:14 Uttam : 27614.25 BNF high
15:14 Uttam : 27620 done 🙂
15:15 Uttam : congrats Bops you did it
15:15 Jitender : +1
15:15 Uttam : 27650 coming?
15:16 Boppanna : 20 more can we?
15:16 Uttam : poor highs repaired in BNF
15:16 Jitender : bnf for 700
15:16 Boppanna : 530 held in that pull back
15:17 Jitender : ys
15:17 RK : 2IB Tej
15:18 Jitender : Tej gets his WR
15:18 Uttam : 2636
15:18 Uttam : 27636
15:18 Uttam : 2 IB in BNF
15:18 RK : 27630 3K is Tej
15:19 Boppanna : Nice Tej
15:19 Uttam : @Shai USDINR & BNF both having a up day today?
15:19 RK : make exit 10845 (14:04) RK : 10860 part booked..keep remaining at 10885 for exit and move SL to 10835 (14:02) RK : keep part book at 10860 and move SL to cost once part booked (14:00) RK : Long NF 10835 SL 10810 will update obj
15:20 Boppanna : Some how NF didn’t want to piggy back on BNF
15:20 RK : yes
15:20 Shai : STBT – Sell BankNifty 27620 sl of 27777 tgt 27320.
15:20 TP : bnf gives in but nf is a dissapointment
15:20 Shai : 27542 day highs
15:21 Shai : IMO 27550 spot heavy res
15:21 RK : NF range today 115 and points wise we tapped 80 points..BNF was the culprit today..
15:21 Shai : we will carry if close is below 27500 F also tom
15:23 Uttam : (15:21) RK : NF range today 115 and points wise we tapped 80 points..BNF was the culpr…Super RK :)it today..
15:23 Shai : +1
15:23 Shai : BNF move abv IBH was a good hold today
15:24 RK : yes..above IBH it was clear move with such setup in the morning..its failure setup so PLR clean up
15:24 RK : bracket = misbehave
15:24 Boppanna : 27000pe Monthly didn’t make new lows today just an obsvn..no eyes there
15:25 Shai : good vols there?
15:25 Shai : no one even looks at monthly now 🙁
15:25 RK : If NF comes to 870-880 tmw morning then good sell
15:25 RK : for intra
15:25 RK : for 10800
15:25 Jitender : adios
15:26 MJ : No shai very moderate vols.
15:26 MJ : 60k total buy sell.
15:26 Shai : yes too little
15:27 MJ : 870 did the trick.
15:27 MJ : Gapup within 2 day comp is a sell.
15:27 MJ : As RK mentioned.
15:27 MJ : Bye everyone. Lovely day today.
15:27 MJ : See you tomorrow.
15:28 Shai : Bye all
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Shai : Have a nice evening
15:29 TP : Bye All.
9:26 Jayesh : Shai, view on Sunpharma intraday please.
09:59 TP : Shai levels for BHARTIARTL and INFRATEL, id.
10:30 Shai : sun strong open but 439.4 is supply
10:30 Shai : intra day no real pullback till abv 433
10:30 Jayesh : Thanks Shai
10:31 Shai : 351 intra obj in bharti
10:31 Shai : 331**
10:31 Shai : hope you didn’t punch anything extra seeing 351 🙂
10:31 Shai : 326 is supp
10:32 Shai : infratel can drop to 289
10:32 Shai : 300 res
10:34 TP : no chief 🙂
10:34 TP : tks for the levels.
10:41 Subhodeep : @shai would a 27400 call on the nifty this week expiry hod merit?
10:41 Subhodeep : bnifty*
10:56 Shai : long?
10:57 Subhodeep : yes shai bth wys
10:57 Shai : on current info we are creating value lower and so far a reject of yesterdays value
10:58 Shai : so no immediate case of a long holding
10:58 Subhodeep : noted
14:48 Gaurav : Shai KILITCH DRUGS cash can go for 260-280 in a quarter?
14:52 Shai : good volumes what are they about
14:52 Shai : price wise I will be acreful around 220
14:52 Shai : infact 220 is a booking point
14:53 Shai : 103 can supp and reexmaine there
15:02 Shai : 193**
15:11 Gaurav : ok Shai, Thanks