Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.
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
08:48 Vtrender Live : 30 minute charts – https://global.gotomeeting.com/join/472828757
08:55 Rajesh : gm all
08:55 Shai : gm ALL
08:56 Yash null : gm shai
08:56 Shai : Second big gap down expected
08:56 Rajan : Gm all
08:56 Shai : Hope everyone has done some basic preparation and planning as mentioned friday at close
08:56 Yash null : what do we do around 10650?
08:56 Chandrashekhar : GM all
08:57 Shai : This is a different animal at work and needs to be handled differently
08:57 Avinash : GM Shai
08:57 Chandrashekhar : GM all
08:57 Avinash : GM Everyone
08:57 Srividhya : good morning all
08:57 Shai : Levels I am watching on the spot for the next 3 days are 10493 and 10713
08:58 Shai : Allowing a 100 point filter around the 10600 zone for intra swings
08:58 Shai : but if we break below 10493 this market will get even worse
08:58 Shai : sustaining above 10713 will hint at an upcoming bounce this week
08:59 Shai : charts were clear at 11800 and 11369 and here also at 10650 spot zone. trade the chart , not your view
09:00 Shai : And I hope no one went short puts on friday or lateral spreads?
09:02 Shai : That big COT of -130L at Friday close is a clear winner just like the one at thursday clsoe
09:03 Bhupinder : Good Morning
09:06 Rajesh : Good morning everyone.
09:07 Manoj : good morning guys
09:07 Govind : ES has hit circuit breaker again and trading temporarily stopped
09:07 Prateeek null : GM friends
09:07 Tejpreet : GM All.
09:09 Amit N : Good Morning all
09:10 Shai : yes ES is down 5%
09:10 Shai : sgx is putting this open down to 2.2%
09:11 Shai : crude down 31%
09:11 Shai : time for someone to say how great this is for India! It actually is
09:11 Srinivas : Crude < $28.. crazy
09:14 Shai : below 10713 spot
09:14 Sanjib : VIX is down!!
09:14 Shai : Go with spot [prices today
09:16 Uttam : Good Morning All 🙂
09:17 Shai : vix waking up now
09:17 Shai : 27.5
09:20 Shai : OAOR likely
09:20 Shai : 10713 SL for a short here at 10670 tgt 10597
09:21 Tejpreet : +1 Chief.
09:21 Tejpreet : one round done from 674 to 658 and holding the second one from 676.
09:22 Tejpreet : Shai is it possible to add real time vix on any of teh screens.
09:24 Shai : Added t0 30 min charts
09:24 Tejpreet : tks chief .
09:25 Shai : Classic OAOR
09:25 Shai : with no signs of overnight shorts covering
09:25 Abhinav : +1
09:26 Shai : bears have smelth blood across the globe
09:26 Govind : Saudis did not help either
09:27 Shai : 85 a supp in 10600 pe
09:27 Shai : can do 123/ 143
09:28 Tejpreet : Some tweets about death in hours from being without symptoms via Llifecare ….sounds scary but is it true.
09:29 Abhinav : 11600 pe 238-252
09:30 Shai : stay with the COT
09:30 Abhinav : blood(red) is in the sreet
09:31 Shai : That’s the best indicator we have for this market
09:31 Uttam : +1000 Shai
09:31 Tejpreet : Part booking at 627 .
09:31 Shai : Book half 10632 – (09:20) Shai : 10713 SL for a short here at 10670 tgt 10597
09:31 Abhinav : buying
09:32 Shai : _1L COT in first 5 mins was a no brainer short
09:32 Abhinav : +1
09:32 Himanshu : Booked – Gm Chief – Tday forst day of Futures
09:32 Himanshu : BF – F
09:32 Himanshu : NF F – GM Ug- Jit- Tej and All
09:33 Himanshu : Out at 642 Thx Chief
09:33 Avinash : +1
09:35 Chandrashekhar : ES mini has hit the 3rd freeze @ 2819 looks like
09:35 Himanshu : Gov and Chief would fee Nostalgic today
09:38 Shai : 10600 book full – (09:20) Shai : 10713 SL for a short here at 10670 tgt 10597
09:39 Boppanna : +100 Shai
09:39 Rajan : +100 Shai
09:39 Govind : 27000PE from 422 to 542
09:39 Shai : 118- (09:27) Shai : 85 a supp in 10600 pe(09:27) Shai : can do 123/ 143
09:39 Ketan : +1 shai ! 183-222 10800pe ! all out ! thanks !
09:39 Govind : Day’s job done
09:39 Rajan : 10700 PE 138-156
09:40 Govind : HImanshu, not a good kind of nostalgia though; 60% of our M&A group at EY got sacked in 2008. Was gut wrenching
09:40 Suhas : +1 shai..congratulations all
09:41 Tejpreet : +1 Shai
09:41 Govind : Jit, SD 2 in BNF
09:41 Himanshu : ya – Gov I mean – same
09:42 Shai : tom is a market holiday
09:42 Govind : Yes Shai
09:42 Shai : Again not an ideal day to be away from globe
09:42 Shai : happened on that 1st day of series one friday also when the carnage begain in ES
09:42 Govind : yeah, not to mention we are getting robbed with these huge gaps 🙁
09:43 Shai : lol
09:43 Himanshu : But you know – bright side of it – you are here, alive and kicking – and you know what all can go wrong.
09:43 Govind : But a disciplined mind in this room would still make money and not chase
09:44 Chandrashekhar : +1 Gov
09:44 Himanshu : I began my Futures trading from today – as it would be better based on COT – then Options due to volatility
09:44 Chandrashekhar : congo Himanshu
09:44 Himanshu : Thnka Chandra
09:44 Boppanna : B here
09:45 Himanshu : Only scrip in plus is Asian Paints
09:46 Amit : and bpcl
09:46 Suhas : yes bank 13% up :0
09:48 Tejpreet : 100 points done in NF …1.5 dt
09:48 Boppanna : Conts Tej
09:48 Boppanna : *Congts
09:48 Himanshu : Tej +100
09:48 Tejpreet : tks
09:49 Tejpreet : Shai’s sell call added to te convictn.
09:49 Shai : +1 TP- congrats
09:49 Uttam : congo Tej 🙂
09:49 Srinivas : congo Tej
09:49 Shai : It’s been a simple drop of a 1000 points from 11656. staying with the trend
09:50 Ketan : good one tej !
09:50 Shai : keep looking to sell rises
09:50 Tejpreet : tks chief and Uttam.
09:50 Rajan : +1 Shai
09:50 Shai : eyes at 10493 spot on closing
09:51 Shai : if that goes we have another 500 pointer down coming quickly to 10000\
09:51 Rajesh : 6 dt done thank you chief
09:51 Jitender : congo all 🙂
09:51 Jitender : rock n rolla
09:51 Shai : Congrats all
09:52 Shai : Great distribution of wealth possible in this environment. stay on screen. stay focussed
09:52 Himanshu : am at .5 Dt – but congrates all waiting for net clue from Chief
09:52 Tejpreet : congrats Team VT !!
09:53 Himanshu : ist VT ( Vijayi Team)
09:54 Shai : 10619 TSL from here
09:54 Shai : wait fopr COT
09:54 Rajesh : shai why mkt not moving up despite +ve COT
09:54 Tejpreet : Over the weekend I was checking out all the mechanical systems on ami and nt7 which i had gathered over the last decade….ALL have failed miserably ….whipsaws random signals ….these are for ID trades on 3 min or 5min TF . Nothing to beat a discretionary trader in front of the screen with right data .
09:55 Abhinav : the main whipsaws of all systems are these massive gap downs
09:55 Himanshu : I just pray – no broker gets trapped and so margin mone of Retail
09:56 Shai : profit booking- (09:54) Rajesh : shai why mkt not moving up despite +ve COT
09:57 Shai : watch for IB on +cot if you want the market to go up
09:58 Rajesh : ok
09:58 Suhas : i did not get what u said shai ..look for Ib on + cot..plz explain
09:59 Rajesh : initiative buying when +ve COT
10:00 Jitender : point to cut shrts ?
10:01 Suhas : ok
10:03 Saheer : look for fresh buying, right chief?
10:06 Sachin : 26800 is major support on daily charts of bank nifty spot. if this breaks 24500 is possible
10:08 Abhinav : Futures trading at premium to spot…thats a new
10:09 Jitender : 🙂 (10:00) Jitender : point to cut shrts ?
10:09 Himanshu : Abhi – Chief said to consider spottoday as Futres wil ne misleading
10:09 Tejpreet : 1 Jit , timing again.
10:10 Shai : yes
10:10 Jitender : cheers
10:10 Shai : evidence of profits being taken here
10:15 Shai : Lewt’s wait at 10613 to see if sellers come back
10:17 Avinash : Shai Whats @ 613
10:18 Shai : IS
10:19 Shai : COT will tell us whether he wants to come back or not
10:19 Avinash : Ok
10:20 Avinash : Thanks
10:22 Vishnu : hi all booked 2 dt in the morning.
10:22 Vishnu : anyone smells any govt action
10:22 Vishnu : kerala in fear corona started spreading today one positive case in ernakulam
10:23 Vishnu : have direct contact with more than 1500. paper says 3000
10:23 Chandrashekhar : three year old baby confrimed as well…news in edelweiss
10:24 Vishnu : yes’
10:27 Srividhya : Shai ji – After so many days Nifty Futures is getting a premium on spot… Is that any early indication?
10:27 Shai : No
10:28 Shai : It’s all over
10:28 Srividhya : ok
10:28 Shai : don’t read anything
10:29 Rajesh : made 60 points on nifty,thanks shai
10:29 Srividhya : Sold 10800 PE * n88.08 and squared off at 58 on 5 lots. Thanks Shai
10:30 Srividhya : sorry it was 10800 CE
10:34 Shai : +1
10:34 Himanshu : C has now 3X vaolume of A
10:34 Shai : congrats guys
10:35 Himanshu : Chief – All your blessings
10:36 Shai : _/\_
10:36 Shai : wait mode here
10:36 Shai : either scalp or do nothing
10:37 Kiran : are charts visible? … Im getting No screen hsaring at this time
10:37 Rajesh : no
10:38 Kiran : *sharing
10:38 Chandrashekhar : no charts here too..30 min is working
10:38 Avinash : Same
10:38 Kushal : no charts
10:38 Chandrashekhar : back
10:38 Kushal : got them
10:38 Avinash : back
10:40 Uttam : late C side extension here
10:40 Uttam : in NF & 95k green
10:40 Abhinav : he is defending position…99k now
10:41 Uttam : need to get back into IB
10:41 Abhinav : +1
10:42 Abhinav : circuit of spx futures?
10:42 Uttam : 5%
10:42 Uttam : 2813 /i think
10:43 Uttam : its stuck at 2819
10:43 Chandrashekhar : 2819 its frozen Uttam
10:43 Chandrashekhar : +1
10:43 Shai : Intra – short NF below 10640 sl of 10559 tgt 10515/ 10490
10:43 Uttam : 4.89%
10:43 Shai : short below
10:43 Uttam : below 10540*
10:44 Shai : 10540**
10:44 Shai : yes thanks
10:44 Uttam : 🙂 _/\_
10:49 Shai : NF in
10:50 Govind : 44k red in BNF
10:51 Shai : NF 10516
10:51 Govind : 26700pe from 402 to 482
10:52 Shai : NF book full the short for now
10:52 Jitender : +1
10:52 Jitender : prudent
10:52 Jitender : C extn possibility cant be ignored
10:53 Govind : just 2 trades, 3 dt with regular volumes.
10:53 Jitender : below C lows..its gonna be open house
10:54 Vishnu : jit cot need to be supportive means we have straigh fall from 11380-11515 almost 800
10:54 Shai : 10515 dot on that extension – (10:43) Shai : Intra – short NF below 10640 sl of 10559 tgt 10515/ 10490
10:54 Vishnu : anyway good cot comes then sure more fall
10:54 Shai : And see the greens
10:54 Shai : no way you can wait
10:54 Jitender : Vishnu refer to Shai fr COT….its his baby n he knows it best
10:54 Vishnu : yes shai
10:54 Vishnu : yes
10:54 Vishnu : jit
10:55 Kushal : +1 Shai
10:56 Avinash : Vix 29.47
10:57 Kushal : 1DT done. thanks Shai,jit and Uttam.. 1st day at vt 🙂
10:58 Govind : Nice Kushal, congrats
10:58 Govind : Century on debut 🙂
10:58 Kushal : 🙂
10:59 Uttam : congrats Kushal 🙂 and welcome to VT
10:59 Kushal : thanks Uttam
11:04 Shai : 10559 still a SL for shorts
11:04 Shai : still into a range extension
11:04 Shai : these greens are not safe till abv IBL
11:04 Shai : 🙂
11:05 Jitender : (11:04) Jitender : (09:51) Jitender : congo all :)(11:04) Jitender : have to put it in auto mode fr VT guys
11:05 Shai : lol
11:05 Jitender : 🙂
11:05 Kushal : vpoc shift down.. any significance?
11:06 Shai : bnf?
11:06 Uttam : VPOC right up there at 10661
11:06 Uttam : almost 8L vols there
11:06 Shai : yes
11:07 Kushal : oh.. sry guys..
11:07 Shai : COT was -130 L at open . They shorted the gap down and now taking profits below 130 points
11:07 Uttam : +1
11:09 Uttam : some selling coming at IBL
11:09 Uttam : probable RS
11:09 Uttam : an IS here can give a fresh leg down & put those greens under pressure
11:11 Uttam : vwap test coming looks like in NF?
11:12 Shai : sgx printed a low at 9812 during that drop to 10515 !!
11:12 Shai : 🙂
11:12 Jitender : 11.09 view invalidated uttam ?
11:13 Jitender : 9700 is a strong supp n pbl in 2018/9
11:13 Uttam : yes Jit IB being formed here & NF sustaining above IBL
11:14 Jitender : cool
11:14 Uttam : so a trip to VWAP looks on
11:14 Jitender : k
11:15 Tejpreet : 525 to 560 NF done…..now need to follow’ Jit’s mantra …hands below the ass …….atleast for an hour 🙂
11:15 Uttam : 🙂 Tej congrats
11:16 Tejpreet : tks Uttam.
11:16 Uttam : 10560 getting reds again
11:16 Boppanna : Jit 11:13 message elaborate?
11:16 Uttam : (11:04) Shai : 10559 still a SL for shorts
11:17 Uttam : greens
11:17 Uttam : 43k
11:17 Shai : yes short view stalled now
11:17 Tejpreet : No some one who was averaging nf from 11300 …finally blew his account and gave up at 550 🙁
11:17 Uttam : shit 🙁
11:17 Shai : Anything near vwap on red cot is a short
11:19 Jitender : BoPs actually 2017..it was tested twice…n mkts bounced frm tere (11:13) Jitender : 9700 is a strong supp n pbl in 2018/9
11:20 Jitender : in july & sept
11:20 Jitender : i remember it as it was on sept expiry day i think
11:20 Boppanna : ok Nifty ?
11:20 Jitender : yup
11:20 Boppanna : thx
11:21 Uttam : Spot resisting at IBL
11:21 Uttam : 10555
11:24 Tejpreet : Jit this fall has been at a break neck speed despite vix being only around 25 ….is vix moves to 40 odd all major supports will be taken out . Twitter fav seems to be around 9200 .
11:25 Tejpreet : Like you pointed out about a month to quarter is needed to gauge the virus impact.
11:25 Jitender : ys Tej…slow kill is worse
11:25 Jitender : fast kill always has hopes fr bounce
11:25 Jitender : wen ‘hope’ gets killed…capitualtion happens
11:26 Jitender : waitn fr it
11:26 Jitender : n if it gets into a full blown pandemic….God knows wat rukes will be rewritten
11:26 Jitender : the vaccine or cure has to be found asap now
11:27 Tejpreet : Yes Italy has really made people go in total panic mode.
11:27 Jitender : m more worried abt here
11:28 Jitender : Thanos will hv a field day here 🙁
11:29 Tejpreet : We have to hope foe the warm weather to take us through this.
11:29 Govind : How is the situation in Delhi Jit?
11:29 Himanshu : Yes –
11:30 Govind : infected number has not gone up it looks like
11:30 Jitender : u cant rely on data Gov
11:30 Govind : very true
11:35 Shai : 10513 coming again
11:35 Shai : test of those buyers
11:35 Govind : Trading in several CMEmarkets will resume only @ 9:30am EST
11:35 Shai : looking for an E lower sl of 10565
11:36 Shai : 10480 in F is welcome
11:36 Shai : stay short guys- use rises to build shorts
11:36 Shai : not seeing an IB in 30 mins yet
11:37 Shai : so this is profit booking
11:37 Shai : they are taking profits and adding small higher
11:38 Uttam : E has 6 mins to make new lows
11:38 Shai : yes 6 mins
11:39 Shai : go short below 10525 with sl of 10548 for 10480
11:42 Kushal : rs
11:43 Shai : vix is getting in now
11:43 Shai : 29.60
11:43 Shai : 2019 highs of election days
11:43 Srinivas : for people trading in US markets, DST is in effect from today
11:43 Shai : 39 was highs of 2014
11:44 Jitender : DST ?
11:44 Srinivas : Daylight Savings Time
11:44 Jitender : k 🙂
11:44 Uttam : F for new fall coming?
11:51 Shai : dpoc moves
11:52 Rajesh : too boring market. Sai any trades?
11:54 Shai : 🙂
11:55 Himanshu : Rajesh – After 5 DT – you ar to swallow Pill of prescribed by Jit
11:55 Rajesh : just done my DT.. Want to take next trade with just .25% risk,
11:56 Shai : RS here
11:56 Shai : sl again 10560 for 10515
11:56 Srinivas : +1 congo Rakesh
11:56 Srinivas : *Rajesh
11:58 Govind : BPCL stake sale not reason for Oil prices – Gov’t Official
11:58 Govind : WTF
11:58 Govind : fall in*
11:59 Uttam : Spot finally back into IBL
11:59 Uttam : IB*
12:04 Prateeek null : shai move to vwap coming?
12:05 Sagar : BNF traDING Nrea Vwap sell from here ?
12:08 Shai : take IBL as a zone – (12:04) Prateeek : shai move to vwap coming?
12:09 Shai : I recommed a 9 point filter
12:09 Shai : but with vix now going to 30 it should be 14
12:12 Tejpreet : Shai/Jit ….those who have not exited the portfolio anf have no hedges …should they exit now , average now ….some close friends/family asking what to do …as usual am clueless 🙂
12:15 Jitender : tej…befre i ans..hv lot of follow up questions on tat…so ping me after mkts
12:15 Jitender : rest wud luv 2 hear chief’s views
12:16 Tejpreet : Sure Jit ….never kne had so many friends and close relatives 🙂
12:16 Jitender : 🙂
12:17 Sanjib : BNF COT is good
12:17 Uttam : yes and that too at VWAP
12:18 Sanjib : +1
12:18 Sagar : should i exit from the short in BNF ?
12:18 Rajesh : threr is freak trade in sgx at 9812
12:20 Shai : bUY 10600 PE AT 158 SL OF 143 TGT 182
12:20 Govind : +1
12:21 Boppanna : @Sagar entry and SL should be as per plan before u enter the trade most important if ur trading such vix
12:22 Shai : 26885 SL for BNF shorts
12:22 Sagar : THanks Shai
12:23 Sagar : @yes Boppanna i have 900 SL
12:24 Shai : As a rule of thumb any singles above dvah in the profile charts are a very heavy supply
12:26 Kalpesh : Shai…also, is it a rule that when in first 5 min, gap down with more tna -1 lacs cot we blindly short with candl e high as sl and with gap up, +1 lac cot in first 5 min candle, it’s a blind buy with candle low as sl ?
12:27 Shai : No
12:27 Shai : you have to see prev COT
12:27 Shai : friday was -130L at close also
12:27 MJ : bossman vwap in bnf on 5 min charts vs box quite different?
12:28 Shai : go with the 1 here
12:28 Shai : on 5 mins
12:28 Uttam : 26827
12:29 MJ : The one on charts right?
12:29 MJ : Cool thanks chief.
12:30 Govind : G setting it up for Hammer, Uttam?
12:30 Uttam : so it is G for Govind who is doing the work 😉
12:30 Govind : haha
12:30 Shai : At 170 book half – (12:20) Shai : bUY 10600 PE AT 158 SL OF 143 TGT 182
12:30 Govind : I just observe bro, it is all Bops
12:31 Sanjib : +1 UG 🙂
12:31 Chandrashekhar : 1 lac red at lows
12:31 Chandrashekhar : 10530
12:32 Chandrashekhar : is that the buyers covering? or new sell order Shai?
12:33 Shai : yes
12:33 Sanjib : That Seller might be stalling the down move
12:33 Shai : someone threw the towel;
12:34 Shai : we have a lot of +cot from 10515
12:34 Shai : this is someone reducing
12:34 Boppanna : +!
12:34 Boppanna : +1
12:35 Sanjib : Today’s rockstar is Yes Bank… 21.2
12:35 Boppanna : @Sagar would part book in BNF
12:35 Govind : YESB will be out of FNO by end of May
12:35 Sagar : yes
12:36 Shai : 10506
12:36 Vijay : 10600pe full booked at 180
12:36 Saheer : YESB future is up 120%
12:37 Sanjib : +1L COT in NF
12:37 Vijay : thanks shai
12:37 Shai : book full- (12:20) Shai : bUY 10600 PE AT 158 SL OF 143 TGT 182
12:37 Sagar : clean 100 point in BNF
12:37 Boppanna : COngts Sagar
12:37 Shai : crazy
12:37 Sachin : something happened in 10600 ce
12:37 MJ : chief 10600 ce got a freak tick at 73.
12:37 Sachin : it went from 73 to 113 in 1 min
12:37 MJ : Took my sl
12:37 Sachin : that too a call
12:37 MJ : and came back.
12:37 Shai : my 10600 ce short collapsed to 73 and back to 111 in 1 sec
12:38 Chandrashekhar : +1, super trade shai
12:38 MJ : Yea chief was long at 10600 ce
12:38 Shai : 10530 sl for any shorts
12:38 MJ : have OF for 10600 ce chief?
12:38 MJ : something happened there.
12:38 Jitender : was tere a vol /Oi spike also ?
12:39 MJ : Yes jit
12:39 MJ : oi picking up now 10600
12:39 Shai : would have been clean below 10525 if it had come then- (11:39) Shai : go short below 10525 with sl of 10548 for 10480
12:39 Sagar : hald booke at 700 trailing remainig
12:40 Abhinav : european markets bleeding…most down 7%
12:40 Sagar : full book
12:42 Shai : enter 10500 pe with sl of 125 cmp 138
12:42 Yash : any clues?
12:43 Shai : once 10490 spot breaks am expecting this to close near 10396/ 10340 F today
12:43 Chandrashekhar : +1 Shai
12:44 Shai : there is again that disc in F\
12:44 Shai : go with spot
12:44 Chandrashekhar : the PE OI is coming down…guess the writers are already under water..and might start clearing anytime
12:44 Govind : Shai, what is a comparable level for BNF spot?
12:45 Shai : 155 – (12:42) Shai : enter 10500 pe with sl of 125 cmp 138
12:45 Shai : only 13 points of risk
12:45 Shai : double RR
12:45 Govind : 26700pe from 398 to 491
12:45 Chandrashekhar : whats the tgt in that PE you are looking at shai..10500PE
12:45 Shai : 31 vix
12:46 Boppanna : +1 Gov Uttam’s extended hypo doing its thing
12:46 Shai : tgt 181/ 207
12:46 Govind : Yeah Bops
12:46 Govind : what a day!
12:46 Chandrashekhar : Hammer as well
12:47 Shai : 26420- (12:44) Govind : Shai, what is a comparable level for BNF spot?
12:48 Govind : Cool, thanks Shai
12:48 Shai : if it breaks ou get a 2000 point chop down
12:48 Shai : 10465 F\
12:48 Tejpreet : Shai +1 for timing !!
12:48 Ketan : superb shai !
12:49 Tejpreet : What are the LC timing cut off .
12:49 Shai : 182- (12:42) Shai : enter 10500 pe with sl of 125 cmp 138
12:49 Shai : 13 point risk
12:49 Vijay : Perfect
12:49 Tejpreet : europe is 9 % down
12:49 Govind : Hammer time!!
12:49 Sagar : waht a trade 🙂
12:49 Saheer : superb
12:50 Govind : Tej, for US markets?
12:50 Tejpreet : Nno Govind nifty
12:50 Govind : US will reopen in regular time, until then shut
12:50 Govind : NF not sure bro
12:50 Shai : book that PE for now 174
12:51 Rajesh shankar : 10500PE BOUGHT AT 69.80 AND SOLD AT 160 NICE FALL
12:51 Himanshu : Gov – Why US is noy trading Futyres
12:51 Govind : They hit lower cicuit
12:51 Himanshu : K
12:51 Govind : circuit
12:51 Tejpreet : Ok got it if we hit 10 % after 2 pm then mkt closed for the day.
12:52 Shai : 10479 sl if trailing in F
12:52 Sanjib : No Seller on NF 12000 DEC PE
12:52 Govind : long ways to go then Tej
12:52 Shai : wheels coming off
12:53 Chandrashekhar : 190 in that PE
12:53 Sagar : booked at 193 🙂
12:53 Sagar : great day
12:53 Tejpreet : guys trail some .
12:54 Shai : khatam
12:54 Kiran : 00
12:54 Shai : 10350
12:54 Kiran : comimg
12:54 Ketan : brilliant shai !
12:55 Shai : 10322
12:55 Sagar : 248 that PE 🙂
12:55 Jitender : boooooooooom
12:55 Shai : (12:43) Shai : once 10490 spot breaks am expecting this to close near 10396/ 10340 F today
12:55 Govind : 534 to 734, 27600pe again
12:55 Shai : 10316 lows
12:55 Pritesh : what’s going on…
12:56 Jitender : mtm
12:56 Jitender : train 🙂
12:57 Sachin : cot at 4 lakh?
12:57 Prateeek null : @tej – your message of trail some gave 1 dt more. quick money
12:57 Tejpreet : +1
12:58 Shai : book and wait
12:58 Amit N : thanks Shai.
12:58 Shai : or 10419 trainlig
12:58 Sagar : 3l +cot
12:58 Saheer : why the cot was + for all this fall? trying to understand
12:58 Shai : ignore that COT – it has 0’s
12:59 Ketan : guys ! please advice ! should i withdraw substantial monies from my zerodha account ! with this market you just never know !
13:00 Shai : book and wait on shorts
13:01 Shai : excpecting one restest of 10479
13:01 Kalpesh : imo ZERODHA has become too big too fail
13:03 Vijay : 10500pe 184-215
13:04 Chandrashekhar : congo Vijay
13:04 Vijay : thank you
13:08 Jitender : beautiful beautiful day\
13:08 Ketan : ok kalpesh !thanks !
13:09 Tejpreet : 410 to 340 ….let’s do that LC today.
13:10 Tejpreet : comes around 9860 spot I guess.
13:11 Shai : Hope everyone safe here
13:11 Rajesh : yes
13:11 Shai : only people getting jacked are the BTFDers
13:11 Ketan : yes
13:11 Shai : stay with trend
13:11 Shai : short rises
13:11 Shai : don’t try gimmicks
13:11 Chandrashekhar : can we still take new shorts here Shai?
13:11 Saheer : yes
13:12 Santhosh : u people here we al r saif
13:12 Saheer : safe
13:12 Shai : was waiting for 10480 test, it collapsed again
13:12 Shai : There is a rush to get out now
13:12 Yash : not a good day, was not on screen so missed the whole move!
13:13 Yash : now shall wait for fresh entry and move
13:13 Shai : what happened below 10490 spot today is a sign of things to come
13:13 Rajesh shankar : Friday i bought yes at 6.80 any advice can i hold or exit 21 rs
13:13 Shai : there will be a rrush to exit
13:13 Yash : @shai nasty clearing before eod toda?
13:14 Shai : COt going red
13:14 Shai : 10367 TSL
13:14 Shai : I think part of it came @Yash
13:15 Shai : looks like margins
13:15 Yash : but that low was broken again, so still some more to go?
13:16 Rajesh : shai is it short call ? TSL 10367
13:16 Yash : RIL gave up 50poins in last move!
13:18 Shai : 10357 and down- (13:14) Shai : 10367 TSL
13:18 Shai : tgt 10260
13:19 Sanjib : vix 33.6
13:21 Tejpreet : Tomorrows holiday will bring in more liquidation into the close.
13:24 Shai : is become high risk
13:24 Shai : 100 either side of 10367
13:24 Shai : 10367- 10377
13:25 Shai : stay small in qty
13:25 Shai : will be fast
13:25 Vishnu : whts goin in this mkt given me 4 dt place 10k monthly pe above 128 triggered and sold at 240
13:28 Shai : Go below 10308
13:28 Shai : next 50 is easy
13:28 Pritesh : kudos Shai
13:28 Shai : told you
13:28 Shai : 10267
13:28 Pritesh : Just came out and spiked
13:28 Amit N : Amazing Shai
13:29 Yash : weakhands should be out by EOD
13:29 Tejpreet : So that 100 came on the down side with the trend 🙂
13:29 Shai : 10266- (13:18) Shai : 10357 and down- (13:14) Shai : 10367 TSL(13:18) Shai : tgt 10260
13:29 Shai : 10367 was the IS
13:29 Shai : IS is ISIS
13:29 Shai : 🙂
13:29 Boppanna : lol
13:29 Sachin : best trade of my life, 10500 pe closed finally
13:29 Shai : went to 10364 second time
13:30 Shai : below 10260 now am expecting another 100
13:30 Shai : below 10242 we go for 10128
13:31 Shai : 10319 trailing
13:32 Amit N : 3IB already done in NF, Shai planning for 5 IB 🙂
13:34 MJ : haha! is = isis
13:35 Shai : bel;ow 10307 short again sl of 10330
13:35 Shai : rolling over at 10320
13:36 Shai : 10330 sl
13:38 Shai : tgt is 10242
13:38 Shai : exit
13:38 Pritesh : gone..
13:38 Pritesh : ?
13:38 Shai : small sl trade
13:38 Shai : trade small
13:39 Shai : play only with the profit you made from open
13:39 Tejpreet : +100
13:40 Amit N : +100 Shai
13:43 Kushal : +1
13:45 Govind : spreads on PEs have widened
13:45 Govind : careful
13:45 Govind : this is BNF
13:46 Chandrashekhar : for my learning…gov
13:46 Kushal : +1 Govind
13:46 Chandrashekhar : ca you explain on the spread
13:46 Govind : Chandra, it is the diff between Bid and Offer prices
13:46 Sachin : BP tanks 24% – british petroleum
13:47 Govind : when the spread is too far, market orders will get punished and you won’t get the entry that you want
13:47 Chandrashekhar : +1, thanks
13:49 Kushal : never thought i would experience 450 point range on nifty on day 1 of VT.. Thanks team for navigation
13:49 Tejpreet : Last attempt to short 10k put at 53 odd with 15 point sl.
13:49 Vishnu : for those not faced these activites SC will be sharp
13:52 Tejpreet : few out at 65 , rest holding.
13:52 Sagar : only 1 lot game now
13:52 MJ : Cheers tp.
13:54 Tejpreet : tks MJ.
13:54 Sagar : 0s
13:54 Sagar : scalpers must be enjoying but OCO oder is blocked
13:55 Sagar : what kind oftrading software all use?
13:55 Sagar : any suggestions
13:55 Kushal : nest
13:55 Suhas null : zerodha
13:55 Shai : staying away from screen
13:56 MJ : Shai any levels to watch sc in nf?
13:56 Govind : haha
13:56 Shai : 10424/ 10477 doable on thsi COT
13:57 Sagar : BNF leval @Shai ?
13:57 Shai : trdae abv 10385 only to be safe
13:58 Tejpreet : My trade becomes contra to the rooms view so pulling up the SL to cost 54.
14:00 MJ : Gracias chief.
14:00 Tejpreet : .77 odd half out.
14:00 Jitender : Tej score ?
14:00 Tejpreet : 8 odd bhai.
14:01 Jitender : congrats
14:01 Tejpreet : tks , yours.
14:01 Jitender : 5+
14:02 Tejpreet : superb.
14:02 Jitender : was higher..but took a SL
14:02 Himanshu : Congo Guys
14:02 Jitender : tx guys
14:02 Tejpreet : tks
14:02 Jitender : low vols
14:02 Kushal : congrats
14:02 Tejpreet : Low vol , low capital and also lowered the DT.
14:02 Jitender : normal vols…wud have 13
14:03 Jitender : but m happy with wat it is 🙂
14:03 Vishnu : jit mine 4+
14:03 Jitender : +1
14:03 Tejpreet : as long as green in these mkts it is great.
14:03 Jitender : u r a rockstar
14:03 MJ : Jit. Any view on gold?
14:03 Tejpreet : +1 Vishnu.
14:04 Vishnu : jit like u just 10l player if its my old 50l then u can imagine the risk and rewards
14:04 MJ : Thanks to you. Have a good amount of Gold fund.
14:04 Vishnu : but chief said that look for biiger tgt and smaller size
14:04 Kushal : +1 Tej.. staying green in this mkt is an achievement in itself
14:04 Suhas null : 450 co.ing Shqi?
14:05 Jitender : congrats MJ…book 25%
14:05 Vishnu : my portfolio bleedind mj reliance it self 200 point down and hold 3k in that itself
14:05 MJ : Thanks.
14:05 Vishnu : itc all f==== kills me
14:05 MJ : Jit this is all gold from 2018 days when you had asked me to park there 🙂
14:05 Vishnu : gold some profit books will come soon
14:06 MJ : What a view that was /
14:06 MJ : /\
14:07 MJ : Vishnu you will hedge it via intra 🙂
14:07 Vishnu : we only do business having bullish view from last feb this . if it sustains above 1770 then only old high . but book if ur doing investment mode
14:07 MJ : Thanks vishnu.
14:07 Vishnu : no hedge only hedge in bearish only as we have stocks hedging sometimes kills the profit of otherside mj
14:08 Jitender : glad cud help MJ
14:08 Jitender : pls keep 10% sep fr charity
14:08 Jitender : close the good Karma circle
14:08 Jitender : if u cn
14:08 Suhas null : +1
14:08 Sanjib : Never traded in this VIX environment…phew
14:09 MJ : Always Jit.
14:10 MJ : I’d look to do 10% tranches in some selective nf stocks at this level. Know that the risk downwards is there. But Some stocks I am looking to pick up.
14:14 Tejpreet : MJ i have taken off 30 % of gold units/investment .
14:14 MJ : Put some booking right now , TP.
14:15 MJ : Have 80% digital 20% physical.
14:15 Tejpreet : I think it’s better to get into nifty bees rather than individual stocks….like jit said in 10% batches.
14:15 Tejpreet : Physical is not in our domain 🙂
14:15 MJ : Yes tp. His 10% levels are massive
14:16 MJ : I remember 10k hold levels last time 🙂
14:16 MJ : And we ran north bound.
14:17 Tejpreet : +1
14:17 MJ : 26th oct 2018 to be precise. 🙂
14:17 Yash : Dax up 200 from Lows!
14:18 Tejpreet : tsl gone at 54 odd.
14:18 Sagar : 1l +cot
14:18 Shai : 10423.6 – (13:56) Shai : 10424/ 10477 doable on thsi COT
14:19 Shai : odd state now- with the holiday in between
14:19 Shai : suggest a time out
14:19 Tejpreet : +1
14:19 Shai : very bad timings again for a holiday
14:21 Tejpreet : Wiil be gap open again then on Wednesday to catch up with the globe.
14:22 Vishnu : look reliance
14:23 Jitender : yh 🙂 (14:19) Shai : very bad timings again for a holiday
14:23 Jitender : true trader sentiment
14:25 Shai : These 5 min moves used to be a day range with vix of 12 🙂
14:26 Srinivas : +1
14:26 Tejpreet : And many extinct writers were born then 🙂
14:27 Jitender : 26.2pe 626-438
14:28 Shai : lol TP
14:28 Jitender : 26.1 *
14:28 Shai : +1 Jit
14:28 Srinivas : +1 Jit
14:28 Vishnu : + jit
14:28 Tejpreet : +1
14:29 Jitender : tx….first contra trade
14:30 Kushal : +1 Jit
14:33 Vishnu : as long as bw 10500 10000 daoble shai?
14:33 Shai : yes
14:33 Sagar : i am short in BNF at 26200 wait or exit 1 lot only
14:36 Prateeek null : 4 dt done.
14:37 MJ : in above 385 @chief.
14:37 Srinivas : +1 Prateek
14:37 Prateeek null : thanks friends. all bcoz of excellent support here
14:39 Shai : Congrats Prateek
14:40 Uttam : Congrats Prateek 🙂
14:40 Prateeek null : th
14:40 Shai : 10410 supp for thie period
14:40 Shai : 2.45
14:40 Yash : 10550 @ 190, should attempt once more or not?
14:40 Uttam : you did not plan your SL nefore entering Sagar? – (14:33) Sagar : i am short in BNF at 26200 wait or exit 1 lot only
14:40 Sagar : yes SL at 26500
14:41 Yash : 10500 pe *
14:41 Shai : short below 10410 only
14:41 Yash : ok thanks
14:41 MJ : vwap cometh? nf?
14:41 Uttam : BNF VWAP at 26520 so looks like that is coming?
14:43 Uttam : 10425 sup in NF
14:43 Uttam : IBL coming?
14:43 Chandrashekhar : @Shai , adjustment in nF MP charts please
14:44 Chandrashekhar : thanks
14:44 MJ : 387 464 out nf.
14:44 Uttam : MP charts need a refresh Shai?
14:44 MJ : holding 25%
14:45 Uttam : both at VWAP
14:46 Tejpreet : +1 MJ.
14:47 Kushal : dowf opened
14:47 Uttam : Done – (14:41) Uttam : BNF VWAP at 26520 so looks like that is coming?
14:47 Uttam : 26515
14:47 Amit N : WHO incresed mortality rate to 3.4 % for covid 19
14:47 Srinivas : charts stuck?
14:48 MJ : Thanks tp.
14:48 MJ : vwap higher on my charts 489
14:48 MJ : 483*
14:49 MJ : sitting with 437 tsl balance pos.
14:50 Uttam : half way there – (14:43) Uttam : 10425 sup in NF(14:43) Uttam : IBL coming?
14:51 Sachin : you mean 10552? serisouly 90 more points, logic pls?
14:55 Sagar : 91k stuck at top
14:58 Shai : 3 pm
14:58 Shai : 10450- 10520 range to watch at 3 pm move
14:59 Shai : no shorts here
14:59 Sagar : there uis big buyer at 10485
15:00 Ketan : superb IBL call ., uttam ! almost there !
15:00 Uttam : _/\_ Ketan
15:00 Uttam : dpoc also right there
15:00 Uttam : COT was postivie
15:00 Govind : 26400ce from 457 to 567
15:01 Govind : this river flows both ways
15:01 Uttam : congo Gov
15:02 Govind : thanks Uttam
15:02 Sachin : similar gov, with 29500 though
15:02 Govind : exited around IBL UG
15:02 Vishnu : again nifty back in premium
15:02 Uttam : +1
15:02 Sachin : UG – super call
15:02 Govind : Congo Sachin
15:02 MJ : Cheerio! Gov!
15:02 Sachin : sitting on this 10500 ce from 140, SL no loss no profit
15:02 Chandrashekhar : S&P mini back on trade
15:03 Govind : Like Tej said, we may have another gap open on Wednesday whilst catching up with global markets
15:03 Govind : Mj, thanks man
15:03 Uttam : Vix coming down so options not giving that move what was giving in the morning
15:03 MJ : uttam. Get ibl in nf.
15:03 MJ : pleej.
15:04 Uttam : Shai said 10520 so stalling at 10517 NF 🙂
15:04 MJ : Had orders waiting at 535 549.
15:04 MJ : 🙁
15:04 Govind : thinking of taing home some PEs Uttam, 25% of usual vols but thinking if I should take a straddle/strangle instead
15:04 Govind : taking*
15:05 Govind : 130 point fall from IBL, BNF; all about levels/references in this room
15:05 Uttam : Vix too high Gov so better to take monthly plus cehck on strangles rather than a straddle
15:05 Sachin : closed
15:05 Govind : Ok UG, thanks
15:05 Tejpreet : Uttam 105k combo 285 ? a 2 % gap you giving on wed.
15:05 Sachin : as shai said liquidation will happen
15:05 Jitender : 26kpe 220-285
15:06 Govind : Jit, +1 man
15:06 MJ : Cheers jit. nice trade.
15:06 Sachin : super jit, you are master blaster
15:06 Shai : short NF
15:06 MJ : Out nf tsl hit.
15:06 Govind : That’s a surgical strike Jit
15:06 Shai : sl 10490 tgt 10340
15:06 Jitender : was an easy trade Sachin
15:06 Jitender : n obvious one
15:07 Kushal : 100 bull ki 1 bear ki..today
15:07 Uttam : 1L COT in NF in this 5 min bar
15:07 Govind : Jit, that is like a hairpin bend, it looks obvious but can be treacherous. Will take experience IMO
15:08 MJ : Those are JET trades.
15:08 Shai : break 10420 someone
15:08 MJ : Jit exclusive Trades 🙂
15:09 Shai : will get you the balance 70
15:09 Govind : Vishnu is the LLT here Shai 🙂
15:09 Boppanna : +1 Jit IBL trade
15:10 Jitender : tx guys
15:10 Govind : Kedia says worst i almost over 🙂
15:10 Govind : he must have a vaccine
15:10 Abhinav : lol
15:11 MJ : i hope he is not making another song.
15:11 Prateeek null : his song sucks big time man
15:11 MJ : worse than Corona virus.
15:12 Tejpreet : Guys aquick query…does any broker provide leverage for ID option buying ?
15:13 Jitender : i doubt
15:14 Shai : not for buying
15:14 Tejpreet : OK then it seems new gimmick
15:14 Shai : I think even selling leverage stopped
15:14 Tejpreet : ID i meant .
15:14 Shai : tgt revised 10414- same sl 10490
15:17 Shai : 3 pm move was a tear jerker today – (14:58) Shai : 10450- 10520 range to watch at 3 pm move
15:18 Santhosh : icici direct option plus
15:18 Govind : Nasdaq futures released from lower circuit around 2:50pm, then zoomed some 40 points and hit lower circuit again by 310pm.
15:18 Govind : this is some crazy stuff
15:19 Prateeek null : any overnight positions. low quantity? shai/jit/seniors
15:19 Shai : close 10421- (15:14) Shai : tgt revised 10414- same sl 10490
15:19 Sachin : are we seeing next junk, RBL bank down 20.76% 205 INR now
15:19 Govind : +1 Shai
15:19 Ketan : +1 shai
15:19 Jitender : +1
15:19 Shai : 416 it came
15:19 Tejpreet : Shai you have been phenomenal today with your timing !!
15:20 Govind : yeah, amazing
15:20 Srinivas : levels to the dot +1 Shai
15:20 Jitender : absolutely
15:20 Kiran : +1 shai
15:20 Kiran : that was amazing
15:20 Sachin : +1 shai, booked on 10400 pe
15:20 Amit N : +1 Shai
15:20 Shai : Cheers Man
15:20 Suhas : gr8 chief+1
15:20 Prateeek null : amazing shai. cheers
15:21 Tejpreet : Happy and Safe Holi to Chief and team VT. Go slow on the bhang as Wednesday is gonna be a big day.
15:21 Shai : Happy Holi guys
15:21 Himanshu : No Bhang for me
15:21 Govind : WIll have to go by the IAF station for some Bhang Tej @ Tambaram
15:21 Shai : Don’t play with greens 🙂
15:21 Jitender : have it
15:22 Jitender : H
15:22 Himanshu : Happy Holy – Chief, tej, Ug, Jit – Bop _ Govinda
15:22 Jitender : with whiskey…corona killer
15:22 Shai : red is the flvor of the season 🙂
15:22 Tejpreet : 🙂
15:22 Shai : Enjoy the break
15:22 Govind : Happy and colorful Holi to all!
15:22 Shai : Come back fresh Wed
15:22 Govind : Thanks Himmy and you too
15:22 Ketan : happy holi ! thanks shai and room VT ! congrats all !
15:22 Tejpreet : Govind been there at Tambram !!
15:23 Govind : yeah, I know. You should visit again bro
15:23 Boppanna : bye and Thx all
15:23 Govind : our fields still remain but a lot has changed
15:23 Sachin : happy holi all
15:23 Rajesh : is it neutral extremem day
15:23 Suhas : 95k red…again gap down on wed/
15:23 Amit N : Happy Holi to all
15:24 Himanshu : Suhas – That tpday evening Chief and UG will decide
15:24 Himanshu : Haha
15:24 Suhas : +1
15:24 Govind : Amit, how was your day buddy?
15:24 Avinash : Waht a Day Shai. You definately own your system. Wish you and everyone in the room a very Happy Holi.
15:24 Himanshu : Twitter market is 9800 –
15:25 Tejpreet : Enjoy your Bhang Govind .
15:25 Govind : thanks Tej and you too
15:25 Amit : happy holi guys 🙂
15:25 Uttam : Happy Holi guys 🙂
15:26 Himanshu : UG – Happy Holly and Colorful Hypo for Wenesday
15:26 Prateeek null : happy holi folks.
15:26 Himanshu : Use all colors you have in your excel – Order sheet
15:26 Shai : _/\_- (15:24) Avinash : Waht a Day Shai. You definately own your system. Wish you and everyone in the room a very Happy Holi.
15:26 Shai : cheers all
15:27 Shai : Happy to see everyone in green MTM here
15:27 Shai : That’s all that matters
15:27 Himanshu : YEs
15:27 Rajesh : yes
15:27 Rajesh : thank you chief
15:27 Himanshu : me small cause first day of Nf F
15:27 Himanshu : booked out early but – NF F short was in A
15:27 Shai : _/\_
15:28 Himanshu : imagine if did not have premature ejaculation
15:28 Chandrashekhar : Thanks all, Bye now
15:28 Chandrashekhar : wish you all a Happy Holi
15:28 Himanshu : BTW bye all now
15:29 Kiran : happy holi guys
15:29 Tejpreet : Bye All.
15:29 Uttam : thanks All 🙂 have a lovely evening & a nice break
15:29 Vishnu : happy holi guys
15:29 Vishnu : chief enjoy holi
15:29 Santhosh : thnx
15:29 Shai : Bye all
15:29 Saheer : Happy Holi to all
15:30 Avinash : Bye all
15:30 Rajesh : Thank you Shai and the room. Happy Holi to all.
15:33 Prateeek null : bye all