OrderFlow charts dated 05th April
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09:07 Shai : (09:07) Shai : Open positions : short 9600 PE open at 26 ( 2X qty)
10:30 Shai : (10:30) Shai : Buy Nifty 10322 sl of 10298 tgt 10365.
10:45 Shai : (10:45) Shai : NF stopped
11:14 Shai : (11:14) Shai : Intra : Buy 10300 pe at 139 sl of 118 tgt 173.
12:06 Shai : (12:06) Shai : Close the LOng 10300 PE at 132 here
13:49 Shai : (13:49) Shai : Intra : short BankNifty 24570 sl of 24640 tgt 24480/ 34320
14:10 Shai : (14:10) Shai : Reduce 50%25 size in BNF short call at 25535-25540 here.Bring Sl to 25580 on rest
15:21 Shai : (15:21) Shai : STBT : Sell BankNifty 24860-24865 sl of 24950 tgt 24600/ 24480.
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08:57 Shai : GM all
08:58 DrBansal null : Shai,GM.Kindly update on open positions.
09:03 Jitender : Gm Shai, Folks 🙂
09:04 Manish : gm everyone
09:07 Shai : Open positions : short 9600 PE open at 26 ( 2X qty)
09:07 Uttam : Good Morning All 🙂
09:07 NDee : Hi Gm Shai, All!
09:07 Shai : we had a DD yesterday and we will get an open right above 10230 F again
09:08 DrBansal null : thanx,shai.
09:08 Uttam : had told this in the room yesterday around close, DD happening in previous range there is good chance of the singles getting visited very soon
09:09 Shai : expectation is sellers to come back and kncik it lower to 10230 F again
09:09 Shai : range seems to be set at 10310- 10130 for now
09:09 Shai : we will go breaish f 10230 breaks again today
09:10 TP : GM All.
09:14 Shai : The US market does a 100 point move from the lows shown to us at 3.30 and the NIfty just ha to tag along
09:15 TP : 241K BN combo closed at 320 from 215 , holding the put till EOD.
09:16 Uttam : super Tej 🙂 congrats man
09:16 Chetan Shenoy : good one Tej
09:17 Shai : Good 1
09:17 Shai : uppoer distribution 10268- 10310
09:17 Manish : congrats tej
09:17 Jitender : Congrats Tej
09:17 TP : tks chief and team.
09:17 Jitender : algo in nf
09:18 Jitender : 228*245 *1000 qty
09:19 Uttam : those big logns in BNF yesterday boooking out looks like
09:19 Shai : NF headed to 10310 sl of 10263
09:19 Uttam : 2.3L red in NF
09:20 Uttam : oh it has a 3L green also
09:20 Uttam : looked like 30k on 5min charts
09:20 TP : Huge vol in opening minutes .
09:27 Uttam : gap up plus a OD Shai?
09:27 Uttam : 20L vols in NF
09:31 Shai : open auction
09:31 Shai : buyers and sellers both visisble
09:31 Shai : BNF kind os subdued
09:31 Shai : of*
09:32 Shai : If you got long NF – book- (09:19) Shai : NF headed to 10310 sl of 10263
09:33 Boppanna : Shai, BNF 24465 still pivot?
09:34 Manish : vix down 9.3%
09:34 Uttam : that FA of 10304 not yet touched
09:34 Shai : yes that one is on watch
09:35 Shai : but sellers have to do the job again at 10266 and 10230 today :
09:35 Shai : RBI is helping banks cook up the books again today
09:36 TP : Shai your BN range profile wise after this open.
09:36 Shai : 24581- 24380 intra day post thisopen
09:36 TP : tks.
09:36 Manish : shai, can you refresh the charts pls ?
09:37 Shai : charts refreshed
09:37 Uttam : thanks Shai so just the volumes will not mean it is a drive, the vols should be more on one side to be considred as a drive?
09:37 HK : 10247 and 24465
09:38 Uttam : plus we were not able to break out of pday range which means it is not one force which is driving?
09:38 HK : NF opened right abv SoC, can be a 200 pointer day
09:39 HK : 10358 possibly
09:39 Chetan Shenoy : market is to looking at a dovish policy by RBI on account on good rain forecast and inflation consistently lower than RBI’s projections
09:41 Manish : thnx shai
09:41 Shai : charts were refreshed just before you asked Manish
09:41 Manish : shai, but I am not able to see B period.
09:41 Shai : will strat at 9.45
09:41 Uttam : Shai, US markets are now looking good onthe upside?
09:42 Manish : sorry, I was counting 15 min for each
09:42 Uttam : @Manish you want to see the future 😉
09:43 Manish : 🙂
09:43 Uttam : BNF still in yesterdays DD singles
09:44 Uttam : and looks like it wants to pull NF down too
09:44 Uttam : big red delta in both Shai
09:44 Uttam : fresh shorts coming in NF & longs booking & fresh shorts in BNF?
09:45 Jitender : Fii’s baby..sgx ripped Fii’s shrts 😉
09:46 Uttam : but there is not much signs of shorts being covered yet Jit?
09:46 Jitender : tere is
09:47 Jitender : (09:17) Jitender : algo in nf(09:18) Jitender : 228*245 *1000 qty
09:47 Jitender : open vols is huge
09:47 Jitender : with SC+PB + fresh shrts
09:47 Uttam : cool 🙂 thanks +1
09:47 Manish : jit, where can you see algos like this ?
09:47 Jitender : tere is a second wave wich is gonna cum
09:47 Jitender : Manish ..was on the screen
09:47 Jitender : 5mins
09:48 Manish : ok thnx
09:48 Jitender : 10275 zone is tested twice since open..watch tat …& Soc is a natural lvl fr going long if tat comes
09:49 TP : Jit you on slack now
09:49 Jitender : yup
09:49 Uttam : SOC is 10265?
09:49 Jitender : 10247
09:51 Manish : Scene of crime = 10247. What does this level mean ?
09:52 Jitender : tat it is generally revisited— represents an incomplete auction
09:52 Boppanna : Yesterday’s BNF pe exit was a bulls eye 🙂
09:53 Manish : thnx jit
10:01 Uttam : green flag in BNF?
10:02 Jitender : in bth
10:02 Uttam : yep
10:09 Uttam : 41k red in BNF as it hits new hgihs
10:10 Uttam : refresh needed Shai as delta showing green
10:12 Shai : done
10:12 Uttam : thanks Shai
10:13 Uttam : NF boom
10:13 Uttam : 2L red at top 10310
10:14 Uttam : SL orders looks like
10:14 Boppanna : Shai, BNF waking up?
10:14 Uttam : NF tags 10323 vpos
10:14 Uttam : vpoc
10:15 Jitender : 10.3ce 122-142 (09:47) Jitender : tere is a second wave wich is gonna cum(09:48) Jitender : 10275 zone is tested twice since open..watch tat …& Soc is a natural lvl fr going long if tat comes
10:15 Manish : congrats jit
10:15 Uttam : nice Jit 🙂 congrats Man
10:16 TP : Shai can you adjust 30 min NF can’t see that band.
10:16 Jitender : tx guys
10:17 TP : +1 jit
10:17 Jitender : tx
10:25 Shai : sellers are persisting
10:25 Shai : today is RBI
10:25 Shai : inventory change may be delayed till 3.00 pm
10:27 Uttam : yes Shai
10:28 Uttam : sellers more in NF than BNF?
10:29 HK : booked part at 10325, another 33 to go09:39 HK : 10358 possibly
10:30 TP : Shai 245k bn combo below 100 good for RBI move ?
10:30 Uttam : nice HK 🙂 congrats
10:30 Shai : Buy Nifty 10322 sl of 10298 tgt 10365.
10:30 HK : wow
10:31 HK : Thanks, huge sellers in 10360 zone to be tested today, their response is imp for continuation of this auction
10:36 Boppanna : Shai BNF levels for intra
10:36 Boppanna : please
10:38 Shai : BNF watch 24585 for upsides
10:38 Shai : above that 24757
10:39 Shai : so far NF and BNF are a slow one time frame up
10:39 Shai : we are above neutral extreme highs and hence the bullish long
10:39 Shai : sl would be 10295 region for the view to play
10:40 Shai : BNF is visting vpoc of yesterdays upper DD
10:40 Shai : longs abv 24585 now
10:40 TP : Chief this one for one hit to 200 post rbi (10:30) TP : Shai 245k bn combo below 100 good for RBI move ?.
10:40 Boppanna : support for BNF?
10:41 Uttam : 24485?
10:41 HK : Shai, where the big sellers in BNF are sitting (like 10360 in NF)
10:41 Shai : My projection for BNF was this : (09:36) Shai : 24581- 24380 intra day post thisopen
10:42 Shai : that straddle can move abv 585
10:42 Uttam : super Shai 🙂
10:42 TP : +1
10:42 Shai : 24480 BNF supp now
10:43 Boppanna : thx Shai,Uttam
10:45 Shai : NF stopped
10:46 TP : NF pink band gets the vwap .
10:47 Shai : wtf move
10:47 Shai : if does not hold vwap can leave an FA
10:49 Uttam : it is almost become a fashion now to leave a FA daily 😉
10:49 Uttam : but sustaining above vwap for now is NF
10:50 Uttam : big red deltain that vwap break bar in NF
10:59 Uttam : 10300pe had a green band at lows with nice green delta too
11:07 Manish : shai, if NF sustains above VWAP till what time can it go higher ?
11:12 Shai : one time frame has stopped
11:12 Shai : NF back in yesterday’s profile
11:13 Uttam : morning singles at 10277 next sup below vwap Shai?
11:14 Shai : Intra : Buy 10300 pe at 139 sl of 118 tgt 173.
11:14 TP : +1
11:15 Shai : 10265- 10255 expected
11:26 HK : someone is buying in cash for the last 10 days, huge numbers in midcaps
11:29 Shai : yes midcaps good
11:30 Tarini : Salman khan found guilty
11:30 Shai : NF failed to extend above IBH today taking stops out for a long view
11:30 Shai : Now looking for a trip lower down to 10270 and 10255 as it stays below 10310
11:30 Uttam : +1 Shai
11:33 Lakshay : is being human listed?
11:43 Jitender : dont think so
11:47 Davis : (11:33) Lakshay : is being human listed?…yes i think..TMRVL
11:49 Lakshay : ok i was being funny though 🙂
11:52 Davis : charts not working?
11:52 Uttam : working fine Davis
11:52 Davis : ok got it
11:53 Manish : (11:14) Shai : Intra : Buy 10300 pe at 139 sl of 118 tgt 173; shai, we wait till what time for this ?
12:00 TP : BN options being grinded well …30 min chugging along the vwap.
12:06 Shai : Close the LOng 10300 PE at 132 here
12:06 Shai : We have gone to a hold mode now
12:06 Shai : next move is post RBI
12:07 Shai : 1) would be sl or tgt and 2 of the entry situation changes : (11:53) Manish : (11:14) Shai : Intra : Buy 10300 pe at 139 sl of 118 tgt 173; shai, we wait till what time for this ?
12:11 Manish : ok thnks
12:11 HK : sl hunting either sides
12:12 HK : IVs are also acting up
12:15 Shai : locked- NF
12:16 Shai : unable to get that extension up and unable to break vwap
12:18 HK : is it becos IB is fairly big Shai
12:28 Uttam : not a big IB HK may be stalling cos of event today
12:28 Shai : because of the large gap HK
12:28 Uttam : yep that is there
12:28 Uttam : big gap, we have singles from 1014710277
12:28 Uttam : 10147-10277
12:30 Manish : is the rbi announcement after the market close or at 3.00 pm ?
12:30 Uttam : 2:30 normal time is for the policy announcement
12:31 Manish : ok thnx
12:33 HK : @Shai, is 10100 PE being written
12:43 HK : Shai, are there signs that yday longs at lows were exiting
12:43 Shai : don’t have evidence of writing
12:43 Jitender : Mirabhai Chanu gets the 1st CWG Gold fr India…makes 4 new records in 4 lifts
12:44 Uttam : yep Jit amazing feat….
12:44 Shai : but yes the green band is there at IB
12:48 HK : NF going for gap fill in 2nd half
12:48 HK : need to break 10287
12:51 Uttam : NF has repaired yesterday’s poor high & left a FA there but BNF yet to get accepted in the upper distribution of yesterday
12:55 Jitender : bth cud bout here
12:56 Uttam : FA in NF no longer valid as price staying above IBH for more than 30mins
12:59 Uttam : BNF looks like breaking out? good greens here
12:59 Uttam : but 15k green right at top of 5min bar
13:10 Uttam : vix down by 8% so no importance given to RBI policy?
13:12 HK : no due to BNF settlement can zoom tomm
13:14 Manish : Folks, on a normal BNF expiry day which does not have any event like RBI etc. , how is writing far OTM puts for trading by eating up premiums ?
13:15 TP : almost there (10:38) Shai : BNF watch 24585 for upsides
13:15 TP : boom time
13:16 Uttam : both 24500ce & pe at 63-64
13:16 TP : half in rest below 100
13:20 Uttam : BNF still has done only 170 points so another 130 pending as per Suyog’s vix calculations
13:20 Uttam : but again if we consider gap then guess range will get different
13:21 TP : looking for 150 in either one in pre rbi spike.
13:22 Uttam : option pain at 24400 as of now
13:23 Uttam : but more between 24400 & 24500
13:34 Jitender : usdinr 10p up from open
13:36 Kathir : o=h there jit
13:36 Kathir : 65.28
13:39 Jitender : k…
13:40 HK : SM guys in NF has gone undergroudn 🙂
13:41 Jitender : bnf brks dh
13:42 Uttam : pink band coming
13:42 Jitender : 24.5ce 44-94 (12:55) Jitender : bth cud bout here
13:42 Uttam : nice Jit 🙂
13:42 Jitender : +1
13:47 Jitender : strong pink bands
13:47 Shai : yes
13:47 Vaibhav : sorry newbie..what does pink bands indicate
13:47 TP : uttam combo closed 163
13:48 TP : had put sell at 100 on both.
13:48 Jitender : strong sellers Vaibnav
13:48 Jitender : Vaibhav
13:48 Uttam : wow Tej 🙂 super man
13:48 Jitender : N1 Tej
13:48 Vaibhav : thanks jitender
13:48 Kathir : congrtas Tej and jit
13:49 TP : tks
13:49 Ankush : so buying a pe option here a good idea seeing the pink bands?
13:49 Shai : Intra : short BankNifty 24570 sl of 24640 tgt 24480/ 34320
13:50 Shai : can buy PE also- yes
13:50 Jitender : 40mins bfore Rbi..wat do theese guys know ?
13:51 Shai : that the hype is uselss 🙂
13:51 Jitender : lol
13:51 Jitender : +1
13:51 Kathir : 🙂
13:52 Shai : need 480 at least from these guys ow
13:52 Shai : 24480
13:52 Shai : you guys don’t think 480 points please 🙂
13:52 Jitender : haha
13:53 Jitender : wudn’t mind either 🙂
13:53 TP : lol
13:53 Shai : that will be welcome though
13:53 Shai : yes 🙂
13:53 Jitender : tx K (13:48) Kathir : congrtas Tej and jit
13:54 Kathir : jit 10.5 to 15 now for shais short message – 24300 pe 🙂
13:55 Jitender : N1 man
13:58 Kathir : if this gives shais second taget then 24400 pe is real good
13:58 Kathir : 30 now can do 100 +
13:58 Jitender : yup
13:59 Jitender : reds in bth & simultaneous blip in spx also
14:01 Kathir : spx + 12 jit ..
14:02 Jitender : was +18
14:02 Kathir : ok ok
14:02 Jitender : but strong anyways
14:06 HK : Shai, where can the NF intra shorts can be booked 10260?
14:07 HK : shorted near IBH
14:08 Shai : vwap should break for 260
14:09 HK : noted
14:10 TP : salman gets 5 years jail.
14:10 Shai : Reduce 50% size in BNF short call at 25535-25540 here.Bring Sl to 25580 on rest
14:11 Shai : 2.30 could be a whipsaw time
14:12 Shai : reduce size guys mind the risk
14:14 Shai : Sl is 24630 if you want to keep the risk and play with the pink band
14:14 Shai : I have reduced as not breaking IBH and vwap quickly
14:14 Boppanna : +1 Shai
14:16 Jitender : gone all blank..
14:16 HK : becos of Salman khan 🙂
14:16 Jitender : how did u guess 😉
14:17 HK : he must be your favorite actor
14:17 Jitender : nah….. aamir & manoj bajpai
14:17 Jitender : & al pacino
14:18 Jitender : & my childhood days fav was Jackie Chan
14:18 Shai : 24400 pe above 56 will triple . For now destination is 56. cmp 32- 34
14:22 Uttam : spike coming
14:25 Ankush : banknifty sl taken
14:28 Kathir : please update RBI if comes out – who is watchin TV
14:29 Shai : for those who got stopped out short BNF again if it breaks 24517
14:29 Jitender : no rate change
14:30 Jitender : dovish policy
14:30 Shai : BNF exit
14:32 Ankush : pe also?
14:35 Shai : hod tat sl is still 640
14:35 TP : bn option pain ?
14:36 Manish : folks, can you let a short put expire worthless or is it better to close it at 3.25 pm for 0.05 in terms of STT charges etc ?
14:36 Vaibhav : close
14:37 Manish : ok thnx
14:37 Uttam : if it is ITM then you got to exit, out of money you can let them expire
14:39 Jitender : Manish let it expire if its OTM only
14:39 Jitender : also depends upon yr risk appetite
14:39 Jitender : ssum shoot from 2 to 150+ also
14:40 Shai : market nt decided yet
14:40 Jitender : all experts wonder wat is Rbi doing…going from hawkish to dovish w//out much change in env
14:40 Jitender : environment
14:40 HK : CEs not moving an inch
14:40 Jitender : latha calln it political policy
14:41 TP : (10:38) Shai : above that 24757…Shai this possible into close.
14:41 Porus : RBI seems to be tracking FED
14:41 Shai : last one week RBI is like that now
14:41 Manish : thnx jit, uttam
14:44 Lakshay : sell nf?
14:44 Shai : shrts are coering BNF
14:44 Jitender : press con abt 2 strt
14:44 Jitender : yeild down 7.23
14:46 Davis : heard someone flee again today
14:46 Shai : some more BNF shorts covering
14:47 Uttam : BNF going to repair that poor high of yesterday
14:48 Uttam : 24500ce writers puking
14:48 Uttam : from 40 now makes an hgih so far at 135
14:52 Uttam : Shai now that both NF & BNF have made a more secure hgih & with OF mostly red in this rise, we can expect a reversal from tom or still upside left?
14:54 Jitender : m expectn 30-40 more from nf….cud b wrong also
14:54 TP : jit 24757 pending on bn.
14:55 Gaurav : and also if the move today has negated the possibility of 10078 in next 3-5 sessions?
14:55 Jitender : ys TP
14:55 Gaurav : asking for positional NF shorts.
14:56 Shai : No positional shorts yet
14:56 Shai : could move to 10380
14:56 Shai : spot
14:57 Uttam : yep BNF tags that vpoc of 24750
14:59 Shai : 10365 poss NF
15:00 Jitender : yay (14:54) Jitender : m expectn 30-40 more from nf….cud b wrong also
15:00 TP : 757 done now lets do 3ib in bn
15:00 Jitender : Mnaish…see i celebrate greens also
15:00 Jitender : Manish
15:00 TP : (14:41) TP : (10:38) Shai : above that 24757…Shai this possible into close.
15:00 HK : caught the last leg and booked 09:39 HK : 10358 possibly
15:06 Praneeth : shai, what could be bnf close?
15:07 Shai : nera highs
15:07 Praneeth : thanks shai
15:09 HK : @Shai, do we have an extn handle in NF today
15:09 Shai : yes
15:09 HK : at 10312?
15:09 Uttam : 10329
15:10 Uttam : BNF at 25619?
15:14 Shai : shorts coming but are being forced out
15:16 HK : NF Extn handle at 10329?
15:16 Shai : 10329 yes
15:18 Shai : psu banks are flying this out
15:18 Jitender : yup
15:18 Jitender : Latha implies its a staged policy & presscon
15:18 Jitender : to look dovish
15:18 Shai : obvious
15:18 Shai : when is his extension due?
15:18 Jitender : he came in demon
15:19 Jitender : wat at 2xDT ten (14:16) Jitender : gone all blank..
15:19 Jitender : now 5XDT
15:19 Jitender : was
15:19 Uttam : wow Jit…terrific man 🙂 Congrats
15:20 Boppanna : BN Spot reaching 24800 level seller zone Shai..on watch tomrrow?
15:20 Shai : Comgrats
15:20 Uttam : so double khambaa today 🙂
15:20 Jitender : tx Chief & Uttam
15:20 Jitender : didi dbl khamba yday on 11xDT…today still battling acidity 😉
15:20 Uttam : lol
15:20 Kathir : jit 24700 ce still way away
15:21 TP : +1 JIT
15:21 Jitender : yup..sc Kayhit
15:21 Jitender : Kathir
15:21 Praneeth : is it good to buy 24.7k CE?
15:21 Jitender : +1 Tej
15:21 Manish : Jitender : Mnaish…see i celebrate greens also; :))
15:21 Manish : congrats jit
15:21 Shai : STBT : Sell BankNifty 24860-24865 sl of 24950 tgt 24600/ 24480.
15:21 Jitender : tx Manish
15:22 Shai : we will pick up shorts on ths OrderFlow in BNF as looks emotional buying
15:24 Shai : this move looks just to gets the retail in
15:24 Shai : No insitution will buy PSU’s in this environ
15:25 Azmath : Shai: Can we buy a pe in bnf? which has better RR?
15:26 Shai : can
15:27 Shai : THat NF short trapped at 10230 is covering
15:27 Uttam : 330?
15:28 Shai : 10330*
15:28 Uttam : +1
15:29 Jitender : bye all
15:29 Ankush : when shorts are getting covered should we short?
15:29 Shai : No
15:29 Jitender : .
15:29 Ankush : then y the short call?
15:29 Shai : If you are new here Ankush pease read the OrderFlow messages before taking positins
15:29 Ankush : ok
15:29 Ankush : joined today only
15:29 Shai : There are 2 video links sent in the welcome kit
15:29 Uttam : thanks All 🙂 have a lovely evening
15:30 Shai : please go through
15:30 Kathir : thanks and bye all
15:30 Manish : bye everyone. have a nice evening.
15:30 Shai : Bye all
15:30 TP : Bye All.
15:30 Ankush : bye all
15:30 Shai : Have a nice eveing
15:30 Praneeth : thanks all
10:03 TP : Shai views on VEDL , this one is positional.
10:29 Sunil : TP…vEDL doing great…seems still 3-4 % more upmove..i m in
10:30 TP : i booked out 300 ce from 5.2 to 6.6
10:32 Sunil : nice…..
10:32 Uttam : nice Tej 🙂 congrats
10:33 TP : tks
10:33 Sunil : equity options …i am not comfortable…i just do cash equity..after some serious ..setbacks ..earlier
10:34 TP : sunil if you in positions for ultra short time , options help .
10:35 Sunil : yahh…and thats my prob…..not skilled enough for ultra short actually….i genrally let them run atleast for the day…and that generally works for me..better
10:36 TP : +1
10:37 Sunil : goes back to intial days in equities when one wud jst buy and let it run up….for days/weeks…and it usd to work pretty well..then:)
10:37 Shai : 276 buying supp in vedl
10:37 Shai : can move to 301/ 314 if held this month
10:38 Sunil : +1..shai
10:38 TP : tks chief , 276 bang on.
13:31 TP : Shai JETAIRWAYS view , ID only.
14:22 Shai : 615-630 range done fully
14:23 TP : tks chief.
14:23 Shai : no ID bias here but close abv 624 is good for more