Order Flow charts dated 9th May

Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.

Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.

NF

30 Min Fp Nf 5 Order Flow Charts Dated 9Th May 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 6 Order Flow Charts Dated 9Th May Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:42 Vtrender Live : (08:41) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/206683525
(08:42) Vtrender Live: option charts – https://join.me/861-289-006

09:22 Shai : (09:22) Shai : option – Buy 29000 pe of 16th Mat at 311- 313 sl of 255 tgt 400

09:25 Shai : (09:25) Shai : Sell BNF 29020 sl of 29111 tgt 28900/ 28800

09:46 Shai : (09:46) Shai : Come out of the BNF shorts at 29033 cmp here

10:49 Shai : (10:49) Shai : Intra – Buy NF 11388 sl of 11355 tgt 11416/ 11450

10:52 Shai : (10:51) Shai : Make exits in the 29000 pe

11:23 Shai : (11:23) Shai : Make an exit in the NF at 11375

11:51 Shai : (11:50) Shai : Intra – Sell NF 11365 sl of 11395 tgt 11318

12:08 Shai : (12:07) Shai : Intra – Book the NF 11349

12:31 Shai : (12:31) Shai : keep a Sell in BNF below 29020 sl of 29130 tgt 28880. cmp 29045.

13:06 Shai : (13:06) Shai : BNF 28970. Book fulluy

13:20 Shai : (13:20) Shai : Intra – sell BNF again near 29000 sl of 29080 tgt 28850. sell higher at BRN.

13:42 Shai : (13:42) Shai : Book half BNF 28945- 50

13:46 Shai : (13:45) Shai : Book out BNF

14:05 Shai : (14:04) Shai : Trade positional- Buy a 50%25 size put in 28700 at 210 cmp . sl will be 135. tgt will update . Hold is 2 + days. May 16.


08:41 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/206683525
08:42 Vtrender Live : option charts – https://join.me/861-289-006
08:54 Subhodeep : gm shai gm all
08:55 Shai : GM all
08:55 Shai : https://vtrender.in/market-profile-analysis-dated-8th-may/
08:56 Ashutosh : Good morning al
08:57 Shai : 11374 im support for the open along with 29048 in BNF
08:57 Shai : could turn into a major sell off if these are broken today anytime
08:58 Shai : 11485/ 29255 to continue offering supply
08:59 Deepak : GM
09:01 Uttam : Good Morning All πŸ™‚
09:02 Vijai : Good morning all..
09:02 Thanika : good morning all ..
09:06 Jitender : Gm Folks πŸ™‚
09:06 Shubro : GM all
09:07 AN : GM all.
09:10 Boppanna : Gm all
09:12 Govind : \
09:12 Amit : GM
09:12 Govind : GM Guys
09:13 TP : GM All.
09:13 Anubhav null : gaps down gain
09:16 Himanshu : Good morning
09:16 Shubro : MP charts need adjusting
09:18 Shubro : ok now thanks
09:22 Shubro : first hypo playing out Uttam
09:22 Shai : option – Buy 29000 pe of 16th Mat at 311- 313 sl of 255 tgt 400
09:22 Shai : 16th may
09:23 Shai : could be a longer hold , so stay in
09:23 Shai : 28950 supp minor
09:25 Shai : Sell BNF 29020 sl of 29111 tgt 28900/ 28800
09:26 Shai : choose with one
09:26 Shai : F given to those who felt that 300 is too expensive for the PE
09:27 Deepak : I am already short – taking pe as a covered call
09:27 TP : had picked up 112k ce 16 may 180 placed 205/206 sell got executed no spike in nf , strange.
09:30 Jitender : 10k green bnf
09:31 Anubhav null : minor boun e will come to shake out late sellers i think
09:32 Shai : can some one put an alert for 10600 pe when it opens
09:32 Shai : 10600 pe june
09:32 Shai : sucker is still frozen
09:33 Subhodeep : SHAI DO YOU INTEND TO BUY THE 10600 PE JUNE?
09:33 Subhodeep : pardon the caps
09:33 Shai : yeah that was the plan
09:33 Shai : but now how? πŸ™‚
09:34 Ashutosh : NIFTY27JUN1910600PE
09:34 Ashutosh : 11 26775 43.30
09:34 Ashutosh : no bid orders
09:34 Ashutosh : only*
09:34 TP : 105k is liquid.
09:34 Shai : Guys this election is not going to be a one day affair on May 23
09:35 Shai : you will have to be ready for more churns through June
09:35 Shai : and it will be more volatile post that date with tons of news flow
09:35 Shai : #justsaying
09:35 Govind : Shai, charts are frozen
09:35 Govind : Is it just me?
09:36 Shai : look fine
09:36 Amit : working for me
09:36 Anubhav null : i see rb
09:36 Shubro : working here
09:36 Govind : Ok, I will refresh
09:36 Anubhav null : otf guys r back
09:36 AN : Shai, looks like you are pointing to m…bandhan πŸ™‚
09:39 Shai : I don’t know AN
09:39 Govind : Big orders on both sides of NF
09:39 Shai : bit odds are higher of a hung house
09:39 Subhodeep : #just saying the first signs of ecnomy slowing come from the auto sales, even consumption nos muted.. so shao +!1 on that side bigger picture even with elections outcomes ; the plr points towrds our no of 10600
09:39 TP : Shai if you looking for action in June sell may 11k pe and buy jun 11k pe ….you get prime seat for around 45 bucks πŸ™‚
09:40 Shai : in which case the May 23 is the beginning and not the end as most traders think
09:40 Subhodeep : true that
09:40 AN : true..
09:41 Shai : Thanks TP. Looks risky for a possible 900 pointer on D day
09:41 Subhodeep : and if stats has to be taken to account for the last 2 elections that i have been witness to and part of the markets after creating a high has fallen from those levels and stayed well below it for the next 6 months at least
09:41 Subhodeep : and i dont think theres any sector called defensives any more πŸ™‚
09:42 TP : option sellers know the risk better …..(09:41) Shai : Thanks TP. Looks risky for a possible 900 pointer on D day
09:42 Shai : June OTM puts still on freeze
09:42 Jayanth : only buyers no sellers
09:43 Shai : NF below 11375 weak
09:43 Subhodeep : id obkj on nf shai ?
09:43 Subhodeep : below 375?? 311??
09:44 Shai : 11312 on this vol
09:44 Subhodeep : seems i read right πŸ™‚
09:44 Shai : +1
09:44 Jitender : 3SD–highly oversold
09:45 Subhodeep : tec stocks only green patches it seems today
09:45 Shai : BNF an OAOR
09:46 Anubhav null : takes vwap
09:46 Shai : Come out of the BNF shorts at 29033 cmp here
09:46 Shai : stay with the PE for now
09:49 Shai : a boucne better here
09:51 Shai : manage risk well today on intra and short term trades
09:52 Shai : PLR lower but risk of bounce is higher
09:53 Anubhav null : hmmmok
09:53 Hari : Shai, NF intra supply at 393?
09:54 Anubhav null : some expiry management also
09:57 Shai : 11375 and 11405 now
09:57 Shai : supply NF
09:57 Shai : BNF wants to lick up once to 29125
09:57 Shai : hence the exit of F
09:58 Jitender : 28.8ce 144-176 part book (09:30) Jitender : 10k green bnf(09:44) Jitender : 3SD–highly oversold
09:58 Shai : +1
09:58 Jitender : 11300 ce 30=41 prt bk
09:59 Jitender : tx chief
10:01 Jitender : all out 44/180
10:02 Jitender : 47k at top nf
10:02 AN : thx jit for the alert, got 29k ce 57-70 out now
10:02 Jitender : wc
10:04 Hari : Super trade Jit
10:05 Jitender : tx
10:06 Jitender : watch him (10:02) Jitender : 47k at top nf
10:07 Jitender : hez a hero or zero
10:07 Jitender : 11374
10:07 Shai : low is not secure in NF for day
10:07 Jitender : +1
10:07 Jitender : 11.3ce 45-38
10:08 Shubro : 11300 pe could rockstart today?
10:09 Jitender : not rite nw
10:10 Jitender : spot 26 abv 11.3
10:10 Jitender : 11.3 combo at 61
10:14 Hari : Shai USD INR meets our swing target,
10:14 Hari : 70.11 done,
10:17 Shubro : C looking to extend lows?
10:19 Anubhav null : vwap holding
10:20 Anubhav null : will try to fill gap
10:23 Shubro : man high hopes here
10:23 Shubro : that 54K and now 16K
10:24 Anubhav null : expiry hai anything can happen today
10:25 Shubro : going to be an explosive day guys 2nd half?
10:25 Shubro : small range in both
10:25 Govind : somewhat similar to y’day Shubro
10:26 Govind : danced around and Vwap and then fell later in the day
10:26 Shubro : yeah thats why i was reminsceing haha
10:27 Shubro : lets see
10:28 Shubro : that hero/zero guy will now probably define the play unless that 1lac guy comes again
10:29 Anubhav null : hmm
10:30 Jitender : just take him as a lvl mrkr
10:30 Jitender : n hez at Shai’s lvl of 374
10:30 Uttam : Spot 11327 is the vwap of the trending March month which is why maket is auctioning here
10:31 Uttam : close below 11327 today / tom will srt up the next leg down
10:31 Uttam : 11449 now resistance in spot
10:32 Uttam : close above that will put a small hurdle in this downmove
10:33 Govind : Thanks Uttam
10:35 Himanshu : Uttam – IB is 98 point – so 2/3 IB move possible or today balancing
10:40 Uttam : yes small IB in BNF almost half the average
10:40 Shai : C
10:40 Shai : 11384 is A highs
10:41 Shai : 11377 was B
10:41 TP : BN vix ange 360 so 3/4 ib possible.
10:41 Uttam : are we getting another FA today?
10:41 Shai : 29098- (09:57) Shai : BNF wants to lick up once to 29125
10:42 Uttam : 13k red at 29084
10:44 Uttam : RS in NF also here
10:44 Uttam : 23k red
10:46 Shubro : that 50K guy booking out?
10:48 Shai : can do 11405/ 15
10:49 Shai : Intra – Buy NF 11388 sl of 11355 tgt 11416/ 11450
10:51 Uttam : BNF almost taggibg 1.5 IB
10:51 Deepak : Shai PE SL hit ?
10:51 Uttam : 29133
10:51 Uttam : done
10:51 Shai : Make exits in the 29000 pe
10:51 Uttam : 29190 is yesterday’s ext handle & 2 IB
10:52 Shai : BNF has wings for 29250
10:53 Govind : Supply zones
10:53 Jitender : (09:44) Jitender : 3SD–highly oversold
10:53 Uttam : +100 Jit
10:53 Jitender : +1
10:53 Uttam : post the A period NF which had a IS at 11360 whch got overcome & since then OTF up
10:54 Psandeep : 28900ce 112 to 148
10:54 Jitender : congo
10:56 Himanshu : (10:53) Jitender : (09:44) Jitender : 3SD–highly oversold
10:56 Santosh : Narrow IB of Just 98 Points in Banknifty, Big moves possible post 2 p.m ?
10:56 Himanshu : Jit – 3SD level in BNF is which one – 28850
10:57 Uttam : 28945
10:57 Himanshu : Ok so – 28800 PE sell till 2.30 or so would be safe
10:57 Uttam : BNF needs to sustain above 29145
10:57 Boppanna : Sustains above 140 the Shai’s 250 in BNF
10:57 Boppanna : πŸ™‚
10:58 Uttam : πŸ™‚
10:58 Himanshu : Entry will be Vwap test
10:58 Jitender : spot lvlv Himanshu
10:58 Jitender : lvls
10:59 Jitender : nf 500 dwn in 4 days
11:02 Himanshu : ok Jit thanks
11:03 Hari : Shai, USD INR swing view pls
11:03 Himanshu : Gaya fiss
11:04 Subhodeep : shai cant see the nf 30 min of seems some window on top
11:06 Shai : 11370 supp
11:06 Shai : back to 11374
11:06 Shai : all long views for day gone if 11370 does not hold
11:08 Psandeep : 28900ce 145 to 122
11:09 Shai : +1
11:12 Uttam : NF forming a nice RS at 11387 Shai?
11:12 Uttam : needs to break vwap though for more downside?
11:13 Uttam : 17k green at 11376 stalling this move lower making a 30k red stuck
11:17 Psandeep : Thanks Jit, Shai πŸ™‚
11:21 Shai : usdinr minor wal near 70.07 F
11:21 Shai : 69.80 dip may get bought
11:21 Shai : view reamins long abv 69.40
11:21 Shai : review at 70.44
11:22 Hari : NF swift rej at PDL
11:23 Shai : Make an exit in the NF at 11375
11:23 Hari : BN not able enter yday profile
11:23 Hari : That is the current info we have isn’t
11:23 TP : Shai swing wise upside levels on NF /BNF where bears give up ?
11:23 Shai : BNF looking to go down also again
11:23 Shai : 29045 to be retested
11:24 Vijai : acceptance at yesterdays spike?BNF
11:24 Shai : 11695/ 29800 TP May F
11:25 TP : tks chief.
11:29 Hari : Shai, BN absorbing supply intra?
11:30 Shai : rotational
11:30 Shai : stays abv 29125 may test 29250 but else down
11:31 Hari : ok thanks, seems like negotiating yday spike and rej taking time
11:31 Hari : May be my reading is flawed
11:33 Uttam : NF breaking VWAP that RS doing a good job
11:33 Subhodeep : time to go short seeing the last 5 min of candle nf? with sl at dh shai ?
11:34 Uttam : (11:12) Uttam : NF forming a nice RS at 11387 Shai?(11:12) Uttam : needs to break vwap though for more downside?(11:13) Uttam : 17k green at 11376 stalling this move lower making a 30k red stuck
11:34 Uttam : FA coming?
11:35 Uttam : or is that 26k red going to get stuck?
11:36 Anubhav null : mixed signals
11:36 Uttam : low vols so only locals here
11:36 Shai : is rotational = (11:33) Subhodeep : time to go short seeing the last 5 min of candle nf? with sl at dh shai ?
11:37 Shai : can sell higher though
11:37 Shai : bulls got overpowered easily near 11375 again
11:38 Uttam : OTF up since morning stopping in both in E period
11:39 Himanshu : OTF up meaning – Uttam – they are supporting – upmove here in NF – BNF or downmove
11:39 Subhodeep : noted
11:40 Shai : a good rise would have been awesome to sell into
11:41 Anubhav null : 11445 u mean
11:41 Shai : yes
11:41 Shai : current vwap does not aloow a major move to come
11:41 Shai : we will wait
11:42 Anubhav null : scouting mode on
11:47 Jitender : 28.9ce 152-105, 11350ce 22-13 pb, 11.3ce/pe at 51
11:48 Jitender : (10:10) Jitender : 11.3 combo at 61
11:50 TP : Jit you sold at 61 and covered at 51 that combo ?
11:50 Jitender : no still in it
11:50 Jitender : sold at 61
11:50 TP : +1
11:50 Jitender : part bookd
11:50 Psandeep : nice Jits
11:50 Jitender : 11350ce
11:50 Jitender : tx guys
11:50 Shai : Intra – Sell NF 11365 sl of 11395 tgt 11318
11:51 Shai : potential FA again in NF
11:51 Shai : should take out the poor lows
11:52 Ravi : @ Shai i am getting chat and OF updates delayed by 2minutes ..should i do anything
11:53 Shai : could be either your processor resource heavy or a slow net connection
11:53 Ravi : ok Shai..
11:54 Shai : 29055- (11:23) Shai : BNF looking to go down also again(11:23) Shai : 29045 to be retested
11:55 Jitender : +1
11:55 Boppanna : +1
11:55 Shai : weak again if 29040 goes for noon session
11:58 Uttam : (11:33) Uttam : NF breaking VWAP that RS doing a good job(11:34) Uttam : FA coming?
11:59 Jitender : +1
12:00 Uttam : perfect time for DD also here
12:00 Uttam : small range & nice balance in both so far
12:01 Hari : both did the good job of checking supply before going to RE
12:02 Anubhav null : again stuck sellers
12:04 Shubro : Shai BOT not convinced yet? πŸ™‚
12:05 Govind : Shubro, BOT gave a nice DRL trade… took it
12:05 Shubro : DRL?
12:05 Govind : Dr Reddys
12:05 Shubro : oh yes I took that
12:05 Shubro : as well
12:05 Shubro : good one
12:06 Shubro : time for some jump with zeros
12:07 Shai : Intra – Book the NF 11349
12:08 Shubro : out
12:08 Uttam : +1 Shai
12:08 Shubro : nice SHai
12:08 Hari : any reason for exiting NF shorts Shai
12:08 Shai : fairly organised at dval
12:09 Shai : may extend back up to 11369
12:09 Anubhav null : greens
12:11 Hari : Shai, the line chart (for the day) in the MB, can you make NF line chart look the same as BNF, BNF is nice
12:11 Hari : BNF has this green-red bars
12:11 Hari : helps to see the trend well
12:12 Anubhav null : ix falling today
12:13 Anubhav null : vix
12:15 AN : Deepak, what are your SAR levels for BNF 29220?
12:15 Subhodeep : shai in your tweet yo umention about the 11330 levels and 10600 is this basis on nifty spot or futures?
12:16 Govind : Spot Subho
12:17 Uttam : that was the spot chart in that tweet Subho
12:18 Uttam : DD coming?
12:19 MJ : Bat profile.
12:21 Uttam : 47k green in NF
12:22 Uttam : d) Below 11350, lower levels of 11335-326 & 11308 could be tagged
12:22 Jitender : out of 11.3ce/pe T 47
12:22 Jitender : at
12:22 Madhu : that is seller no uttam
12:22 Jitender : will review later
12:23 TP : +1 , perfect timingto exit Jit.
12:23 Jitender : tx bro
12:23 Jitender : just being safe….though it will gv 10 more
12:25 Jitender : sumone has microph on in goto chart
12:26 Jitender : spx -20
12:27 Hari : Nest is too slow today
12:28 Uttam : (12:22) Madhu : that is seller no uttam 35k red is there but 55800 green at 11338
12:28 Uttam : more greens in the next bar
12:29 Shai : FA conf
12:29 Uttam : initiative buying on 5mins in NF
12:29 Shai : still needs a 3 .30 conf
12:29 Shai : usdinr spiked
12:29 Shai : day highs
12:30 Uttam : Fa in that also Shai at lows?
12:31 Govind : FA confirmed in both NF and BNF at lows?
12:31 Subhodeep : shai tab 2 when you find time
12:31 Shai : keep a Sell in BNF below 29020 sl of 29130 tgt 28880. cmp 29045.
12:32 Shai : not in BNF
12:32 Shai : but we are tading below 29040 F to check if it can go neutral into close
12:33 Govind : Ok thanks Shai
12:36 Uttam : May16 BNF 29000 ce/pe both around 283
12:37 Boppanna : BNF did not make a new low yet in that G low in NF but still below vwap
12:40 TP : Uttam that combo looks pretty cheap with vix around 25 or mkt planning to go in balance mode next week πŸ™‚
12:47 Govind : shutting off cnbc and listening to music has made my mind much clearer
12:47 Ashutosh : πŸ˜‰
12:48 Subhodeep : shai /utttam onthe 30 min of nf charts this candle has lots of 00 woudl that mean liquidity issue and how do we interpret that ?
12:49 Subhodeep : and if 11339 goes does all hell break loose?
12:49 Jitender : spx -23
12:49 Uttam : (12:40) TP : Uttam that combo looks pretty cheap with vix around 25 or mkt planning to go in balance mode next week :)…yes Tej if 28900 not broken then we could balance
12:50 Uttam : tht 55k green in NF stopped the DD down
12:50 Uttam : but looks like sellers are back?
12:50 Subhodeep : dnt worry uttam we have the 2:30 otf s coming in and seeing this state of the market they shall rejoice it seems:)
12:51 Thanika : volume low
12:55 Ashutosh : bnf trigerred
12:55 Uttam : (12:48) Subhodeep : shai /utttam onthe 30 min of nf charts this candle has lots of 00 woudl that mean liquidity issue and how do we interpret that ?…the numbers in 30mins are shortened Subho to show 1000s so we would get 0s when there is low vol
12:56 Uttam : 10k red in BNF at 290010
12:56 Uttam : 29010
12:56 Boppanna : IBH(dvah) to dval trade in BNF
12:56 Subhodeep : and aint it poor lows on the nfity uttam right now tpo wise?
12:56 Subhodeep : thanks uttam for the clarification
12:57 Uttam : yes NF has poor lows as of now but H period still not over
12:58 Hari : sellers are a bit shy here i
13:01 Jitender : KISS (12:26) Jitender : spx -20(12:49) Jitender : spx -23
13:02 Himanshu : Uttam – Greens in NF
13:02 Himanshu : r they OTF
13:02 Himanshu : at DLO this is third time big greens
13:03 Himanshu : where as we have not seen exits of them yet
13:03 Hari : NF is nice trend day I would ignore these greens for now
13:03 Subhodeep : jit 2875 happened to be an important levell accordign to a lot of experts, seems that has given way
13:03 Jitender : k
13:03 Subhodeep : itc reliance every body running with blood in their hands πŸ™‚
13:03 Hari : Gold sold here 11:22 Hari : NF swift rej at PDL
13:04 Jitender : spx+usdinr spike happened 2 gether at 12.49
13:04 Hari : bn can back up a bit
13:04 Jitender : bookd here
13:04 Thanika : booked
13:05 Jitender : 11.350ce at 3 nw πŸ™‚
13:05 Uttam : @Shai got back in that morning 29000pe at same level
13:05 Subhodeep : it seems the pain for positional longs begns here ..:)
13:06 Shai : BNF 28970. Book fulluy
13:08 Subhodeep : shai went short at 11359 ok to carry should i trail sl @11377?
13:08 Subhodeep : we get our 311 312 shai
13:08 Shai : yes
13:08 Uttam : (12:50) Uttam : tht 55k green in NF stopped the DD down(12:50) Uttam : but looks like sellers are back?(12:57) Uttam : yes NF has poor lows as of now but H period still not over
13:09 Uttam : late DD
13:09 Uttam : and yet another FA at highs today
13:09 Shai : +1- (13:05) Uttam : @Shai got back in that morning 29000pe at same level
13:09 Shai : expiry day – game’s not over till 3.20 – (13:09) Uttam : and yet another FA at highs today
13:10 Uttam : +1 Shai
13:11 Jitender : tis week has been grt….
13:11 Uttam : Amen Jit +1
13:11 Subhodeep : JIT +1 ON THE WEEK COMMENT
13:11 Jitender : showed me tat i cn trade a bit
13:11 Jitender : +1 guys
13:11 Subhodeep : you are a pro
13:12 Jitender : nt yt
13:12 Subhodeep : and thanks for all your help
13:13 Jitender : my pleasure
13:13 MJ : One dash to dpoc?
13:13 Ashok : there r 2 candles of huge volumes in NF,looks like shorts covered.will downtrend stop here for the day?
13:13 MJ : in bnf?
13:13 Hari : Jit, you are not only humble, but willing to teach us how to trade intra and shares nuances, they are very helpful i must say
13:13 Hari : Uttam as well
13:13 Jitender : all of us here Hari, incl you _/\_
13:14 Ashok : in NF
13:14 Hari : Is it day 6 of selling in IFs?
13:15 Uttam : (13:11) Jitender : showed me tat i cn trade a bit…now Jit is in a mood for jokes looks like πŸ˜‰
13:15 Uttam : (13:13) Hari : Jit, you are not only humble, but willing to teach us how to trade intra and shares nuances, they are very helpful i must say…+100
13:16 Ashok : no reply from experts.
13:16 Hari : NF can test IBl
13:17 Uttam : (13:13) Ashok : there r 2 candles of huge volumes in NF,looks like shorts covered.will downtrend stop here for the day? 5min or 30mins?
13:18 Jitender : Uttam…the man with the Eagle eyes
13:18 Jitender : timimng (13:04) Jitender : bookd here
13:18 Uttam : need to learn so much from you Jit in terms of trading & managing the trades πŸ™‚
13:18 Boppanna : Not an expert but NF has at extension handle at 334 so far so PLR still down 13:16 Ashok : no reply from experts.
13:19 Subhodeep : traged that tpo chart with H& I tpo seems to be greeting the shorters saying”HI”
13:19 Jitender : _/\_ (13:18) Uttam : need to learn so much from you Jit in terms of trading & managing the trades πŸ™‚
13:19 Subhodeep : and forming a buying tail
13:19 Ashok : 5m candles@13:00,13:05
13:19 Uttam : had that 11800 weekly combo at 140 and booked & 195 & 250, it is now at 500 πŸ˜‰
13:19 Subhodeep : shai seems set for 11171 ina hurry itseems
13:20 Hari : NF for 288
13:20 Shai : Intra – sell BNF again near 29000 sl of 29080 tgt 28850. sell higher at BRN.
13:20 Uttam : +1 Hari
13:21 Ashok : what is BRN?
13:21 Shai : Big Round Number
13:24 Subhodeep : now trade war tarrifs effect seen on the bas metals jsw cracks to a month low
13:25 Hari : MO at -73
13:25 Hari : and weekly settlement today as well πŸ™‚
13:25 Hari : BN within IB
13:26 Shai : some supply being covered in NF
13:26 Shai : nothing great
13:26 Shai : it’s just classic mid afternoon stuff we have seen all week
13:27 Shai : they should sell higher again at vwap
13:28 Deepak : shai – Breakdown of 29000 will lead to 1000 point move downside as per my chart – do you concur with this ?
13:28 Govind : +1 Shai
13:30 Shai : NK in some news?
13:31 TP : AP says fired a projctile.
13:32 Shai : china pushed him πŸ™‚
13:32 TP : lol
13:32 MJ : Get vwap to exit bossman.
13:33 MJ : Part out (13:13) MJ : One dash to dpoc?(13:13) MJ : in bnf?
13:41 Govind : Shai : they should sell higher again at vwap…+1
13:41 MJ : Yes shai. Was hoping to latch that trade in bnf at vwap/dpoc πŸ™‚
13:41 Ravi : 20
13:41 Subhodeep : 30k buyer in bnf
13:42 MJ : (13:40) Shai : niuce little RS in BNF at vwap on 5 misn(13:41) Shai : just classic things you would luike to see to know vwap would not allow
13:42 MJ : +1 shai
13:42 MJ : (13:42) Shai : Book half BNF 28945- 50
13:43 Shai : niuce little RS in BNF at vwap on 5 misn
13:43 Shai : just classic things you would luike to see to know vwap would not allow
13:43 Shai : Book half BNF 28945- 50
13:43 Jitender : 40 now from 47..11.3combo (12:23) Jitender : just being safe….though it will gv 10 more
13:43 Govind : Is this the same algo from yesterday?
13:43 Shai : 30 k buyer hence part book
13:43 Jitender : +1
13:43 Shai : +1
13:44 Rajiv : Shai are these exit short
13:45 Shai : could be
13:45 Shai : Book out BNF
13:46 MJ : Potent buyers coming together in both?
13:46 Anubhav : vwap attempt again?
13:47 Shai : expiry afternoon . be careful of these big guys. They have big pockets
13:48 Shibu s : today is the last day to update my sub for this room…I am not active in the first month..just watching…any way this one is fantastic….
13:48 MJ : 11264 3ib.
13:49 Uttam : (13:48) Shibu s: today is the last day to update my sub for this room…I am not active in the first month..just watching…any way this one is fantastic….+100
13:49 Shai : I had to buy 11000 pe of June for my PF. The 10600/ 10700 never opened
13:50 Uttam : Shai that 29000pe can be trailed to cost once it hits 400?
13:50 Uttam : 356 high so far
13:51 Subhodeep : hdfc twins seem to be hell bent in keeping the nf and bnf down
13:51 Shai : vix has supp at 25 – should head back up from here intra
13:51 Jayanth : 10500 Pe is trading at 98
13:51 Jayanth : June exp
13:51 Shibu s : what is going on in 11300 not breaking ……
13:52 MJ : Nice one Hari (13:20) Hari : NF for 288
13:52 Shibu s : oops gone
13:53 Govind : Unlike y’day, we are seeing strong buying every time there is a dip
13:54 Shubro : exactly govind
13:54 Shubro : dangerous place to keep shorting
13:54 Govind : Yeah…I am all out
13:54 MJ : Yes.
13:54 Uttam : short on bounces and on RS guys
13:54 Himanshu : I ponited at same – but as per Hari – if u see NF spot chart noce traending day
13:54 Anubhav : contra long here
13:54 Uttam : we are getting ext handles on a daily basis
13:54 MJ : Stay alert if shorts don’t short too close at lows. Find buffer As uttam suggests.
13:55 Shubro : yes risk management key
13:55 MJ : This is purely ID.
13:55 MJ : But swing wise hold those PEs nicely.
13:55 Govind : Thanks Uttam/MJ
13:55 Govind : 2pm comin up
13:55 Anubhav : stuck sellers
13:55 MJ : 112911 nice number.
13:55 MJ : at lows.
13:56 Uttam : BNF can tag 28880
13:56 Uttam : ?
13:57 Govind : BNF ia in PLR now right Uttam?
13:57 Govind : is*
13:57 Govind : since 965?
13:58 Uttam : it has been since last month itself Govind πŸ™‚ but yes immd level to watch will be 28990
13:58 Jitender : good greens
13:58 MJ : Yes Jit.
13:58 Anubhav : also diveregent lows in 10 min charts
13:58 Anubhav : in nf
13:59 MJ : DPOC in NF shifted higher but?
14:01 Govind : Thanks Uttam
14:02 Subhodeep : seems a like a dd sell today the only think to keep in mind is weekly expiry
14:04 Shai : Trade positional- Buy a 50% size put in 28700 at 210 cmp . sl will be 135. tgt will update . Hold is 2 + days. May 16.
14:05 Shai : do recollect what I said about 28900 spot yesterday
14:06 Govind : BIG MOVE!
14:06 Shai : if expiry gives a surprise upmove we will add
14:06 Shai : for now PLR lower below 29060
14:06 Shai : F
14:07 Subhodeep : shai nf also hold true to what yo u said?
14:07 Shai : yes
14:07 Shai : don’t go alll in
14:07 Shai : this is a 20 day view till May end
14:08 Shai : regardless the boucnes will be used to exit long holdings
14:08 Shai : stick with the view. Build position slowly
14:09 Subhodeep : noted shai have been doing that , also tryingto protect for erosions of the pfolio
14:09 Hari : +1 mj, missed the sucker by 3
14:10 MJ : Small joys we get when lands to the T.
14:12 Hari : lol
14:12 Hari : now do 348
14:13 MJ : Get it man.
14:13 MJ : πŸ™‚
14:13 Shai : 28700 pe at 19 a lottery
14:13 Shai : still a 150 point drop possible
14:13 Shai : see if you get ot cheaper around 12
14:14 Jitender : 31 nw (13:43) Jitender : 40 now from 47..11.3combo (12:23) Jitender : just being safe….though it will gv 10 more
14:16 MJ : Booked half J πŸ™‚ (13:58) Jitender : good greens(13:58) MJ : Yes Jit.
14:16 Jitender : πŸ™‚
14:20 MJ : Jit expecting SC?
14:20 Jitender : keep trailing
14:20 Jitender : expiry
14:20 MJ : Yep.
14:21 Anubhav : diveregence worked
14:21 MJ : +1 anubhav
14:22 Hari : done 14:12 Hari : now do 348
14:22 Jitender : good one Hari
14:22 Jitender : 11250ce 24-45
14:23 Hari : thanks jit and you too
14:23 Jitender : 28.8pe 52-25
14:23 Jitender : tx bro
14:23 Hari : charts stuck?
14:23 Shubro : no stuck at vwap ‘P
14:24 MJ : Release letter needed.
14:24 Hari : need to sustain abv vwap to zip thro the range
14:25 MJ : NE the other side today?
14:26 Himanshu : bnf spot giving up 29950
14:26 Hari : no mj
14:26 Hari : nf a sell below ibl again
14:26 Himanshu : is imp level can scratch – 27750
14:26 Hari : 370 sl
14:28 Shubro : woah those 25K can get stuck
14:29 Anubhav : MODI MODI MODI
14:29 Anubhav : lol
14:29 MJ : Shubro i guess he is short SL.
14:29 Shubro : hmm
14:33 Anubhav : looks done
14:33 Anubhav : dpoc
14:35 Jitender : done 5xDT…2 acc
14:35 Uttam : super Jit πŸ™‚ congrats
14:36 Govind : Wow! Congrats man!
14:36 Jitender : tx guys….all ID
14:36 Shubro : big hug Jit
14:36 Shubro : well done Sir
14:37 Jitender : hug to u also bro with all the warmth
14:37 MJ : Congratulations Jit πŸ™‚
14:37 Shubro : πŸ™‚
14:37 TP : +100 Jit.
14:37 Shubro : 3 DT for me today
14:37 Anubhav : yayy!
14:37 Rajiv : DT means
14:37 Vijai : congrats jit
14:37 Shubro : daily bread
14:37 MJ : Daily Toast.
14:37 Shubro : daily target Vijai
14:37 Govind : Congrats Shubro
14:38 Shubro : Thanks Govind
14:38 Himanshu : Jit congrates
14:38 Uttam : congrats Shubro
14:38 MJ : Literally Jit used to hammer me and get me to that DT funda πŸ™‚
14:38 TP : +1 to all making DT πŸ™‚
14:38 MJ : remember early days.
14:38 Shubro : Many thanks Uttam was following your hypos like a bulldog today
14:38 Jitender : tx all
14:38 Himanshu : some how am on capital presevatio mode
14:38 Shubro : and a lot of thanks to Shai
14:39 Himanshu : small size on either side
14:39 Shubro : CHeers Chief for the guidance
14:39 Jitender : (14:35) Jitender : done 5xDT…2 acc https://vtrender.slack.com/archives/C0F2VRTPW/p1557392957002300
14:40 Arjun : @jit im up for adoption πŸ™‚
14:40 Jitender : if only u were a woman πŸ˜‰
14:41 Jitender : wud have done more
14:41 Shai : πŸ™‚
14:41 Shubro : tee hee hoo
14:41 Arjun : nice one πŸ˜€
14:41 Shai : Congrats
14:41 Uttam : let me save this to show to your wife Jitte πŸ˜‰
14:41 Jitender : haha
14:41 Jitender : tx chief
14:41 MJ : Give the VT login and day log uttam πŸ˜›
14:42 Govind : NF back at 11370 support
14:42 Govind : and lots of greens there
14:43 Hari : shorts sl zone 14:26 Hari : 370 sl
14:44 Uttam : yes 3L COT on this 30min bar in NF
14:44 Shai : shorts covering
14:44 Uttam : 60K COT in BNF
14:44 Govind : 28700 PE at 154
14:46 Shubro : looks like this will crash again now ?
14:46 Uttam : weak shorts will keep getting rinsed?
14:46 Shubro : close at dpoc mmore likely i suppose
14:47 Uttam : we have a Neutral profile
14:47 Hari : taken some swing shorts at 370 in NF, sl 468
14:48 Anubhav : nice
14:48 Anubhav : reds
14:48 Jitender : perfect (14:46) Shubro : looks like this will crash again now ?
14:48 Govind : retracement faster
14:48 Shubro : 370 not holding if check for sellers at vwap
14:48 Hari : can to 100 pts now?
14:49 Govind : BNF Hari?
14:49 Anubhav : lol
14:49 Govind : oh NF
14:49 Hari : NF..
14:49 Hari : u got 40 mins
14:49 Hari : weak hands removed
14:51 Anubhav : relax mode on jus watching
14:51 Anubhav : expiry moves r scary
14:52 Shubro : if made money no trades
14:52 Shai : Looks neutral center
14:52 Shubro : yep dpoc closing
14:53 Shubro : unless 3:05
14:54 Vijai : 28700PE trade to keep?shai
14:58 Shubro : good to keep i think if we close below vwap and better dval
14:58 Shubro : Shai?
14:58 Ravi : @Shai probable close of BNF please?
14:59 Shubro : Uttam 3:05 coing?
14:59 Shai : yes we keep this- (14:54) Vijai : 28700PE trade to keep?shai
14:59 Subhodeep : lets see if we get a downward spike
14:59 Subhodeep : below the ibl it might just do what its been doing all week
14:59 Uttam : if we close as Neutral centre close arnd here at 29035-50 Ravi
14:59 Shubro : yeah
15:00 Anubhav : her goes
15:00 Shubro : jinga a lala
15:00 Anubhav : 3.00 pm guys
15:00 Jitender : out all…
15:00 Subhodeep : decent na subhro timing wise:)
15:00 Jitender : hit 6xDT
15:00 Shubro : thakur yeh to gayo
15:00 Jitender : awesum Shubro
15:00 Shubro : prabhu aap ki duwa
15:00 Subhodeep : awesome jit
15:01 Uttam : Hari takes a positional trade so markets have to oblige πŸ™‚ super Hari +100
15:01 Shai : weak hands got thrown out
15:01 Uttam : (14:46) Uttam : weak shorts will keep getting rinsed?
15:01 Jitender : +1
15:01 Hari : these guys are in a hurry to do 11070
15:03 Jitender : only for inspiration & the potential of disclipline & imp of entry https://vtrender.slack.com/archives/C0F2VRTPW/p1557394409004400
15:03 Uttam : keep rocking Jit πŸ™‚ +1000
15:03 Govind : Jit, keep inspiring bro
15:04 Jitender : cheers man
15:04 Govind : We live in a world that lacks inspiration
15:04 Jitender : just dont tell my wife πŸ˜‰
15:04 Govind : Haha…I won’t, Uttam might
15:04 Uttam : this will also be saved πŸ˜‰
15:04 Anubhav : wow
15:04 Jitender : Uttam πŸ™‚
15:04 TP : Looks like Jit loves Ms Vix πŸ™‚
15:04 AN : Awesome Jit – you are the inspiration
15:05 MJ : Aaj uttam is on a mission πŸ™‚
15:05 Anubhav : my total cap is equal to ur intraday mtm…lol
15:05 MJ : jit.
15:05 Jitender : its Shai man
15:05 MJ : bachke.
15:05 MJ : πŸ™‚
15:05 Jitender : its all VT n all coz of Shai
15:05 Uttam : nice bell in BNF
15:05 Uttam : ideal close would be at dPOC so that we can get a fresh mve otm
15:06 Govind : Ashutosh also had a great day it seems like…congrats man
15:06 Uttam : but this week so far all days has spiked lower into the close
15:06 Jitender : btw was 2.27 at 1.07
15:06 AN : very true Jit, honor to be part of this community.
15:06 Jitender : 3.73 in last 2 hrs
15:07 Uttam : you are one reason NF is not extending trading hours πŸ˜‰
15:07 Jitender : lol
15:07 AN : now we know πŸ™‚
15:07 Jitender : i m a por retailer ..the power lies with algo’s
15:07 Shubro : if they did we all married men would end up being divorced
15:07 Jitender : esp with deep money
15:07 Govind : I We have Shai, the Grand Master and then we have Jit, Hari, MJ, Shubro, Deepak, Himanshu, Tej…all you guys are so good at sharing!!! +1000 to you all! And Uttam is my pivot!
15:08 Jitender : one day i said here that Uttam shld gv calls….sumthn changed in VT tat day πŸ˜‰
15:09 Govind : Why, what happened?
15:09 Himanshu : Jit – Uttam – Pls bring 28884 –
15:09 Jitender : the next day rather
15:09 Anubhav : 11300 exp looks like
15:09 Anubhav : writes made money today
15:10 Anubhav : 11300 straddle
15:10 Himanshu : Since last 2-3 sessions poor guys writers must have lot of money
15:10 MJ : Govind it is a journey. Ever evolving one.
15:10 Govind : Treu that MJ
15:11 Shubro : that 27800 short well worth holding i think Shai now?
15:11 Jitender : bye guys …tc
15:11 Shubro : sorry 28700
15:11 Jitender : mite take off morrow
15:11 Shubro : bye Jit
15:11 Azmath : Awesome Jit _/\_
15:11 Shubro : Jit u can go paris and bak man
15:12 Shubro : enjoy
15:12 Jitender : tx Az…..
15:12 Jitender : one day sure Shubro with VT team
15:12 Shubro : Super se upar
15:12 Uttam : you deserve the off Jit and it will give time for NSE to recover πŸ˜‰
15:12 Shubro : eiffel tower ke upar
15:13 Jitender : Uttam…is deadly today πŸ™‚
15:13 Jitender : bye
15:13 Hari : Shai, always says that we should hunt like a pack
15:13 Uttam : Neutral Centre it is looks like
15:14 Uttam : that move lower started before 3;05 which means no move πŸ˜‰
15:15 Shubro : Bye guys see u tomorrow
15:15 Uttam : Jit’s 11300 combo in singles digits
15:15 Anubhav : buyin a few calls here for a gap up puntt.
15:16 Uttam : and looks like both 11300ce/pe to close at 0
15:21 Govind : Hari, got 40 points from 11370
15:21 Uttam : @Govind Hari’s targets would be much much bigger πŸ™‚
15:21 Hari : @Govind that is 1:3 RR trade
15:21 Uttam : +1 Hari
15:22 Hari : should see 10788 by 16
15:22 Govind : Totally
15:22 Shai : soft close
15:22 Govind : Thanks Hari
15:22 Shai : one more sell side close in NF
15:22 Uttam : but Value lower and FA at top
15:22 Hari : *20th
15:22 Shai : yes
15:23 Shai : this weekly obsession of closing at round numbers is too much
15:23 Uttam : yes Shai both 11300ce & pe closing below 1
15:27 Hari : decent short covering in stock too
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 TP : Bye All.
15:29 Anubhav : adios
15:29 Himanshu : Bye all – Jit – Uttam – Chief – Bopp- Shubro – Hari –
15:30 Uttam : thanks All πŸ™‚ have a lovely evening
15:30 Himanshu : Hope tom fasting will be over for me – jsut 1.5 Dt on such trending moves day
15:30 MJ : bye everyone
15:31 Govind : Bye guys
15:32 Ashutosh : bye all


12:10 Govind : Shai, positional views on RIL please…
12:31 Subhodeep : shai do have a look at rec is it ready to crack big time swing wise?
12:35 Shai : RIL 1260 and 1222 next 2 swing supp
12:35 Shai : shoudl test 1220 eventually
12:36 Govind : THanks
12:36 Shai : did meantion it would lose steam at 1405 and upper limit was mostly done near 1430
12:37 Shai : rec 133 last supp
12:37 Shai : below that 122
12:37 Subhodeep : id support will fails below 137 ? shai ?
12:38 Jayanth : (12:35) Shai : RIL 1260 and 1222 next 2 swing supp what is the SL ??
12:39 Shai : 134.5 rec
12:40 Shai : 1297 for RIL this month is supply to cross
12:40 Jayanth : TY
12:40 Subhodeep : ty
13:28 MJ : Shai Swing long area for Bajfinance if you can recommend?
13:33 Shai : breakjdown yesterday
13:34 MJ : Yes chief. Want to add in cash. Lower projections would nice. Will be watching.
13:37 Shai : 2798 first supp
13:38 MJ : Thanks.
13:40 Shai : niuce little RS in BNF at vwap on 5 misn
13:41 Shai : just classic things you would luike to see to know vwap would not allow
13:42 Shai : Book half BNF 28945- 50
13:45 Govind : RIL just tested 1260, as Shai said
13:45 MJ : Potent buyers coming together in both?
14:06 Subhodeep : m u longnf?
14:08 MJ : Scalps S.