OrderFlow charts dated 05th July 2018
OrderFlow charts – 30 min duration of the Nifty and the BankNifty July Futures showing the Buy side and the sell side imbalances
08:46 Vtrender Live : (08:44) Vtrender Live: options at – https://join.me/218-414-710
(08:45) Vtrender Live: Futures at- https://global.gotomeeting.com/join/164394861
08:57 Shai : (08:57) Shai : https://vtrender.com/evening-marketprofile-report-dated-04th-july/
09:56 Shai : (09:56) Shai : Intra : Buy Nifty 10770 sl of 10750 tgt 10800
10:41 Shai : (10:41) Shai : NF stopped
11:14 Shai : (11:14) Shai : Intra : Selll BankNifty 26470- 75 sl of 26556 tgt 26352. / 26310.
13:08 Shai : (13:08) Shai : BNF exit the shorts
15:05 Shai : (15:05) Shai : Positional : short BankNifty 26490 sl of 26620 tgt 26320.
08:44 Vtrender Live : options at – https://join.me/218-414-710
08:45 Vtrender Live : Futures at- https://global.gotomeeting.com/join/164394861
08:57 Shai : GM all
08:57 Shai : https://vtrender.com/evening-marketprofile-report-dated-04th-july/
08:58 Kathir : GM shai all
09:05 janak : GM Shai, Gm all – bnf expiry today
09:05 janak : rangebound mkt?
09:05 Jitender : Gm Folks 🙂
09:06 Praneeth : GM All
09:06 Praneeth : today relaince AGM
09:06 janak : from Shai’s post: Plan :a)Pivot near 10782 which is the VPOCb)Holding above 10783 attempts may be made to go up to 10806 and 10846c) Below 10780 the NF can drop to 10737 and 10717 for a restest of wed buyers
09:08 Jatin : Gm all
09:11 Shai : usdinr BACK upto 69
09:12 Uttam : Good Morning All 🙂
09:14 Shiv : GM ALl
09:14 Praneeth : shai, your view on usdinr pls
09:15 Shai : sameview 69.15 res
09:15 RK : GM Shai and all
09:16 Praneeth : ok
09:16 Kathir : BNF LOW GANN 6
09:16 Kathir : sorry for caps
09:17 Kathir : gone 🙂
09:19 Kathir : nf pink bamd both 5 min and 30
09:20 Kathir : bnf other side green band
09:22 janak : nf a sell for 737?
09:27 Rupin : both intent gave profits nifty was red and bank nifty green at close
09:27 Kathir : +1 Rupin. n
09:31 Jitender : theese reds came in 2 early
09:31 Jitender : shld have started post 9.40
09:31 Jitender : wud have done better damage
09:32 Boppanna : in BNF Jit/
09:32 Boppanna : ?
09:32 Jitender : in nf
09:33 Shai : pain at 26400
09:34 Shai : NF wants to go down / BNF wants up
09:35 Shai : 10737 a supp in NF today
09:35 Shai : 26510 a res in BNF
09:38 Mihir : Good Morning everyone.
09:39 Mihir : Shai’s hypo gave another quick 15 scalp
09:41 Kathir : both F in dsicount
09:41 Boppanna : Shai big volumes in 26500ce?
09:41 Kathir : @ mihir bnf low = 6
09:42 Uttam : even Spot BN low = 6
09:42 Mihir : Yes Kathir 🙂 ce boarded.
09:42 Uttam : sorry low=20 in spot
09:43 Mihir : 20 spot in BN
09:44 RK : so Mihir is now not digibaba but GAAN baba 🙂
09:44 Kathir : yes RK .
09:44 Mihir : RK I know no shit about gann 😛
09:44 Kathir : congrats Mihir
09:44 Mihir : Just observation 🙂
09:44 RK : 🙂
09:44 Mihir : Disclaimer not my trick 🙂 saw someone observing it and started observing it too.
09:45 Mihir : Just amazed at these two numbers though.
09:45 Mihir : Btw number 26 has its own importance in ichimoku too.
09:45 RK : as usual my 2 cents using anything with context will help great..like if you have 3IB level with your GAAN thing then trigger with more conviction..
09:46 RK : these are just factors to push you for trigger..so not bad to follow them as long as they add weightage 🙂
09:47 Mihir : Yes RK. Been telling since first observation. Add MP context and OF watching adds more weightage.
09:48 Mihir : haha 🙂 (09:44) RK : so Mihir is now not digibaba but GAAN baba 🙂
09:48 Kathir : pink band bnf both 5 mins and 30
09:49 Kathir : sold bnf 26515 SL 570
09:50 Uttam : BNF high now total 6
09:52 Uttam : 26460 sup in BNF now Shai?
09:53 Uttam : BNF can do 26680-690 if stays above it now
09:53 janak : bnf has suddenly come alive after breaking that 440 zone
09:53 Mihir : I think these reds in bnf are going to get one flank.
09:53 Mihir : Lets see.
09:54 Uttam : staying above that FA of 26437 BNF is looking good as staying above pday high
09:54 Uttam : weakness only if gets below 26460
09:55 Uttam : 26600 pit stop in between
09:55 Uttam : BNF looks like a open test drive but on low vols
09:55 Boppanna : +1 Uttam
09:56 Mihir : Yes Uttam. Needs volume.
09:56 Shai : Intra : Buy Nifty 10770 sl of 10750 tgt 10800
09:56 Uttam : that is what these pink bands are going to do Mihir 😉
09:59 Shai : stay careful in BNF around this 25560 spot mark
09:59 Shai : BN- 25560
09:59 Shai : F is 26520- 26555 moving around
09:59 Shai : can send it lower to 26200 or up to 26800
10:00 Shai : the volume here will not all be intra day
10:00 Kunal : 26200 ?
10:00 Shai : yes
10:00 Kunal : lower to 26200 ?
10:01 Shai : 26220/ 26784
10:01 Kunal : 300 down
10:01 Mihir : Thanks chief.
10:01 Kunal : today itself i mean ?
10:01 Shai : there is an OR also right? 🙂
10:01 Shai : lol
10:01 Kunal : lol
10:01 Boppanna : 🙂
10:01 Uttam : 🙂
10:01 Shai : (09:59) Shai : can send it lower to 26200 or up to 26800
10:01 Yogesh : Hi Shai.. whats making the spot signficant there?
10:01 Jitender : 🙂
10:02 Mihir : Shai is 26600ce + 26500pe = 90 a good idea?
10:02 Shai : It’s June POC
10:02 RK : enlight me pls 🙂 (10:01) Shai : there is an OR also right? 🙂
10:02 Yogesh : ok
10:02 Kathir : exited bnf short 26500 – satisfied with 15.. no risj
10:03 Uttam : nice Kathir 🙂 congrats on the first kill
10:03 Uttam : for today
10:04 Shai : Mnthly POC is the time for bigger traders to reassess
10:04 Kathir : ty uttam
10:04 Mihir : Congrats Kathir.
10:06 Shai : 26500 pe being written from open
10:06 Kathir : ty mihir..missed the long morning for gann 6 🙂
10:06 Shai : they have sold heavily at 80
10:06 Mihir : Okay thanks Shai.
10:06 Jitender : the first dip
10:06 Jitender : was to 82 odd
10:08 Mihir : They’d want their 80 over there.
10:08 Mihir : Staying above your 510
10:08 Kathir : bn spot high 26563
10:15 Mihir : Uttam bn is in composite again?
10:15 Mihir : What is the POC of that one?
10:16 Shai : second set of writers in the 26500 pe at 55
10:16 Uttam : yes Mihir
10:17 Uttam : that 26550-560 is the POC of the composite
10:17 Mihir : Oh now I got it. Why careful over there.
10:17 Jitender : lets test the writers at 81 to begin with..wud be fun 🙂
10:18 Yogesh : @jitender agree… early morning writers to be whipsawwed?
10:18 Jitender : brk 495 n fun will begin
10:18 Kathir : JIT you mean 26500 pe writers ?
10:19 Jitender : yup
10:19 Jitender : little overbought bnf..but no weakness yet
10:19 Kathir : ok
10:20 Jitender : 400 point up from yday lows
10:20 Jitender : PB due
10:22 Uttam : NF vols one of the lowest in IB
10:22 Jitender : 42 point disc in bnf
10:22 Praneeth : supply zone here so slow auction in bnf?
10:23 Kathir : jit hdfcbank up
10:24 Kathir : 30 up from lows..1 % +
10:24 Jitender : yh 2114
10:25 Himanshu null : extension hndle t 10730?
10:27 Praneeth : yesbank nad hdfc strong support today?
10:27 Praneeth : if they blast we can see 26800 today shai?
10:27 janak : Reliance AGM today? so news based move in NF
10:28 Praneeth : yes bank – MF news, hdfc bank – change in management
10:30 janak : NF looks bit jittery – may be expiry guys will give a whipsaw down?
10:33 Uttam : NF 10700PE low 90.6 total 6
10:34 Boppanna : big red delta BNF
10:34 Uttam : RE down in NF
10:34 Uttam : reds in NF too
10:35 Shashwat : NF Stopped out
10:35 Jitender : my DY done 🙂 (10:17) Jitender : lets test the writers at 81 to begin with..wud be fun :)(10:18) Jitender : brk 495 n fun will begin(10:20) Jitender : 400 point up from yday lows(10:20) Jitender : PB due
10:35 Jitender : DT
10:35 Boppanna : one set of 26500 writers under pressure
10:37 Boppanna : +1 Jit
10:37 Kathir : congrats jit
10:38 Jitender : get 26.5pe to 85…fr further cheer
10:38 Jitender : tx guys
10:38 janak : NF at 737
10:38 Mihir : Janak gets his number.
10:39 janak : that is Shai’s no. yday at close
10:39 Mihir : Jit aane dooooo.
10:39 Jitender : watch 741-42 spot
10:40 Kathir : Janak you got 737..
10:40 janak : if it was not an expiry day – NF wud have gone straight to 800 at open
10:40 Uttam : 1.5 IB done in NF
10:40 Kathir : another pink nand nf
10:40 Jitender : Janak…wud have tough..RIL goes dwn after AGM , HS dwn 300 & tariff fear in UK…so expiry has nuthn to do with it
10:41 Jitender : in nf
10:41 Mihir : Booked pe at 74
10:41 Jitender : have been
10:41 Shai : NF stopped
10:43 Jitender : yday seller at close pulled dwn bnf from 465-410
10:43 Jitender : 2day morn he came
10:44 Jitender : bfore bnf went up
10:44 Mihir : Late sellers in trouble? BNF?
10:44 Mihir : Above vwap lets see.
10:46 Shai : key in BNF is at 26430 and 26395 for day
10:46 Shai : also that PE at 81
10:46 Shai : that alst move went to 76
10:47 Boppanna : Shai 55 good Support for that PE?
10:48 Shai : 43 is
10:48 Boppanna : thx
10:49 Praneeth : today it looks like T20 match in bnf
10:50 Mihir : Pingpong day Praneeth so far.
10:51 Mihir : Jit nice trade that one 🙂
10:52 Jitender : +1
10:59 Mihir : Can we have some toofan? please?
11:00 Boppanna : delta touching the floor
11:01 Boppanna : *volume
11:05 Jitender : Motabhai starts spkn
11:06 Mihir : Mota bhai ce/pe are having super premium IMO.
11:06 Jitender : IVs
11:06 Jitender : will cum dwn in nxt hour
11:07 Mihir : Yes. IV game.
11:09 Mihir : Motabhai does high of 6.
11:09 Mihir : Sold it
11:09 Mihir : Took 1 rs prasadi.
11:10 Jitender : 🙂
11:12 Kathir : @ Mihir hdfcbank also 6 high
11:12 Mihir : Oh yes Kathir.
11:13 Mihir : NOSE DIVE motabhai
11:14 Jitender : Mihir RIL from 1007.5 to 997 🙂 (10:40) Jitender : Janak…wud have tough..RIL goes dwn after AGM , HS dwn 300 & tariff fear in UK…so expiry has nuthn to do with it
11:14 Jitender : nvr fails
11:14 Mihir : Woah.
11:14 Shai : Intra : Selll BankNifty 26470- 75 sl of 26556 tgt 26352. / 26310.
11:15 Shai : +1 – (11:14) Jitender : nvr fails
11:15 Jitender : tx
11:16 Mihir : Could have had a buffet in ril. Settled for chakna 😛
11:17 Jitender : is a reshrt if it gets to 1007 again with DH as SL
11:19 Jitender : Jio Giga Fiber launched
11:23 Mihir : Ghar ke tv par AGM is live.
11:23 Yogesh : 26500 PE at support 43
11:29 Praneeth : shai, bnf staying above yesterdays high positive?
11:34 Shai : yes but swing supply overhead
11:34 Shai : 26500 pe is keeping it up
11:34 Shai : highest volume of day at 26400 pe and 26500 pe
11:34 Praneeth : ok.
11:38 Uttam : option pain also shifts to 26500 in BN
11:39 HK : What is option pain exactly Uttam
11:40 Uttam : it is where there is max writing in the options, writers are the winners if expiry is done near the option pain levels whcih means all premium has been eaten
11:41 HK : thanks for enlightening Uttam
11:41 Uttam : come on HK 🙂
11:42 RK : RIL AGM when is getting over?
11:42 HK : man, I mean it, pls dont take it otherwise
11:43 Uttam : no otherwise taken HK 🙂
11:50 Uttam : 26500 combo at 114, needs to get above 130 in case we getting a expiry move
11:51 Uttam : for now has been moving lower
11:52 HK : 26670 possible today/tomm
11:53 Uttam : perfect HK +1
11:53 HK : have taken at marker
11:53 Shai : Now 22L volume between 47-53 off the 1.2CR done in 26500 pe since open. That is 20% which is late
11:53 Uttam : (09:52) Uttam : 26460 sup in BNF now Shai?(09:53) Uttam : BNF can do 26680-690 if stays above it now
11:54 Uttam : so these late sellers could be given a run for their money Shai?
11:54 Shai : 57 is the trigger for that Uttam
11:54 Shai : Let price do it’s thing
11:55 Uttam : yesterday OI in this 26500pe was just 1.8L?
11:55 Uttam : and now it is 11.6
11:56 Uttam : OI is 11.5 Lacs na Shai? not 1.2 cr?
11:56 Uttam : added 9.7 L today which is huge
11:57 Uttam : must be Jit’s best freidn doing it ;-p
11:57 Uttam : big addition in 26600&700ce also 11L & 14L respectively
12:02 Shai : Looking at volume traded not OI
12:02 RK : Shai any anomaly at 10733?
12:02 RK : from yday?
12:02 Shai : yes RK 10731
12:02 RK : thanks Shai
12:02 Uttam : yesterdays ext handle RK
12:02 Uttam : oh ok Shai, thanks
12:02 RK : yes Uttam
12:03 RK : we have poor low sofar and F < E
12:03 RK : so F or G can repair that anomaly hence cheking
12:04 Uttam : yep +1
12:05 Uttam : reds adding up in BNF here
12:05 Praneeth : uttam, do u see PE covering in bnf?
12:05 Praneeth : *short covering
12:06 Uttam : no Praneeth as Shai said above 58 it stays one lot of those writers will get under water
12:06 Uttam : remaining above 78
12:06 Praneeth : ok..
12:06 Praneeth : ok
12:07 Mihir : Janak 12 pm trade punched.
12:15 Shai : 78 comingin that PE
12:16 Shai : below 26444 could be a 40 point slide
12:17 Uttam : RK making sure that poor low in NF is repaired this period
12:19 Uttam : BNf making low of 26460 in this dip so far
12:31 Mihir : As per Janak trade avgd at 10742. First entry at 10752. Did high of 10757. Avg price 10747.
12:31 Jitender : +1
12:32 Jitender : abv 520..SC will start
12:33 janak : right there: 12 noon trade long NF 10748 – hits 10/15 pts tgt 10758/763
12:34 Mihir : Janak. Go to the favourite Pondy restaurant. Get me the bill 😛 Thanks for this gem 🙂
12:34 Mihir : Need to test this one more 🙂
12:34 janak : he he – this for all of u room member – i need a royalty now 🙂
12:35 janak : Shai u can buy this trademark trade from me and give me a royalty 😉
12:35 Jitender : wenever we meet…beer is on me 🙂
12:36 Shai : +1 Janak
12:36 janak : 🙂 such a lollipop trade – 8 out of 10 times it will work
12:36 Praneeth : +1
12:36 Shai : +1
12:37 Praneeth : shai, that PE 35 so far
12:37 Praneeth : *low
12:37 janak : and if u r still cautious trade with ATM CE for few days to gain confidence
12:38 Anand : Hi Janak, can you please explain the trade setup
12:38 Mihir : Anand — (13:28) janak : 12 noon trade (as i play a swing till 1.45 pm and average) – bought nf at 10626 at sharp 12, averaged at every 10 pts down till 10596 – now came out of all at buy price 10626
12:39 Mihir : Janak wants me to take 30 points in 40 mins
12:39 Mihir : DHI Doston?
12:40 Jitender : spx +8
12:40 Anand : Thanks Mihir, is it always long or do you get short setup as well @12:00?
12:41 Mihir : As per janak he is long and averages.
12:41 Anand : thanks a ton…
12:41 Uttam : (12:19) Uttam : BNf making low of 26460 in this dip so far
12:42 Uttam : (09:52) Uttam : 26460 sup in BNF now Shai?(09:53) Uttam : BNF can do 26680-690 if stays above it now
12:42 Mihir : Janak please enlighten us more on the tricks of trade channel in slack.
12:43 Mihir : 10787 needs to be checked for reds as per hypo.
12:43 Uttam : NF also joiing BNF in RE upside
12:43 RK : NF neutral day
12:43 Uttam : yes RK that poor low had a story 10737 had buyers
12:44 Uttam : poor high also now in NF
12:44 Mihir : sent back before 787.
12:44 RK : long liquidation and seller exhaustion at low Uttam..
12:45 Uttam : yes RK
12:45 Uttam : volumes also on the lower side today
12:46 Uttam : (11:50) Uttam : 26500 combo at 114, needs to get above 130 in case we getting a expiry move…this now down to 107
12:46 Praneeth : bnf HIgh done?
12:46 Mihir : Uttam: Maruti another 100+ pointer day.
12:47 Jitender : 495/460 to watch fr any weakness Parneeth
12:47 Praneeth : ok..
12:47 Praneeth : thanks jit
12:47 Jitender : wc
12:48 Jitender : pain mves to 26500 with 0.94 PCR
12:48 Uttam : yep
12:48 janak : yes Anand, Mihir explained nicely. All u need is a nice watch and enter a long at 12 noon 🙂
12:49 Jitender : just keep 1% risk..dont go with excess leverage
12:49 janak : trust me I’ve recommended this to few of my close friends – all tech. traders – none of them follows it 🙂 sceptical minds…ha ha ha
12:50 janak : for them only charts are true – which in a way is nice for them!
12:50 Jitender : spx +11.75
12:50 janak : I am a ghost of some Vegas trader of past 🙂
12:50 Uttam : BNF has more upside looks like
12:50 Uttam : poor highs for now there too
12:51 Anand : thanks Janak
12:51 janak : wc Anand.
12:52 janak : Uttam a short can be good around 805/812?
12:52 janak : in NF
12:52 janak : there is a menton of 793 also in shai’s post – i think
12:52 janak : thiz entire zone of 770-795 is sellers
12:52 Uttam : 10791 is the poc of the composite in NF
12:52 janak : ok
12:53 Mihir : Uttam has mentioned 791 watchout now 🙂
12:54 Uttam : above 10791 NF can do 10818
12:54 janak : yeah so I have put a sell NF at 791, 804, 812 in system
12:54 janak : but that is risky becoz it can run away today to 840 also if bnf decides to run
12:54 Jitender : we can do 840 today if spx keeps up
12:55 Uttam : RM needs to be called in for that as that is 3IB 😉
12:55 Uttam : 10845 actually
12:55 Jitender : yup
12:55 Mihir : I want that 818 Uttam 🙂
12:55 janak : at the same time NF can also do 710 today based on Reliance AGM news 🙂 double edge
12:56 Uttam : Jit your another fav’s initials in NF at top
12:56 Shai : SL is in danger now in BNF
12:56 Shai : they may have a go at the 26600 ce writers
12:57 Jitender : wich one Uttam ? (12:56) Uttam : Jit your another fav’s initials in NF at top
12:57 Shai : exit if 26556 breaks
12:57 Uttam : AG
12:57 Jitender : 🙂
12:57 Uttam : 🙂
12:57 Mihir : Jit will repair it soon 😛
12:57 Uttam : putting the ‘H’ammer on AG’s head
12:58 Uttam : or ‘J’ack 😉
12:59 Jitender : Shai..supp in Reliance pls
13:00 HK : bulls have ti
13:02 HK : RK MO pls,
13:02 HK : zero now?
13:03 Uttam : bulls have it meaning they in control or they got too greedy HK?
13:03 Shai : 952 supp ril
13:04 Jitender : tx
13:04 HK : NF for 830 and BNF for 670 and pause after that only Uttam
13:04 Uttam : oh ok HK thanks 🙂
13:04 Uttam : Spot has not yet broken OH of 10786
13:04 HK : for now can ignore the price differential since it is OTF since Monday
13:05 HK : I can be wrong too
13:05 HK : these are multi day views, so pls ignore my comments for intra players
13:06 RK : MO -8
13:06 HK : RK, MO did not rouch +60 for a long time right
13:07 RK : yes
13:07 Uttam : HK planning to take lot of stocks higher also along with the indicies 🙂
13:08 Shai : BNF exit the shorts
13:08 Shashwat : BN Stopped out 🙁
13:08 HK : No Uttam, no traction in Mid/Small caps, they are still gtg sold, PF pain persists
13:09 Uttam : hmmm so this will again just be a rally cos of few selected high weightage scrips?
13:09 Shai : PE writers survived and stilla dding up
13:09 Shai : going for the CE writers at 26600
13:09 HK : Yes Same story Uttam, FIIs are in quit India mode
13:09 Uttam : +1
13:09 HK : Business is pissed off with this govt
13:10 Shai : BNF Futures are short and messed up now
13:10 Uttam : NF high 10791
13:11 Mihir : Awesome you are 🙂 (12:53) Mihir : Uttam has mentioned 791 watchout now 🙂
13:12 Uttam : it is all to do with MP Mihir 🙂
13:12 Uttam : and Shai’s lessons
13:14 Uttam : spot still at 10777
13:14 Uttam : 10786 morning OH in that
13:15 Mihir : That Pune class of his was the best thing ever happened to me.
13:15 Mihir : Spot new high needed.
13:15 HK : that 689 guys gets 100+
13:18 Mihir : Aye HK.
13:18 HK : BNF 260 guys gets 300
13:19 HK : blue guys in NF
13:23 HK : I mean buyers shown in blue in that 5 mins bat
13:24 Mihir : HK they are low vol buyers as Shai mentioned.
13:31 Mihir : Uttam: That delta stack candle stick. What is the timeframe? Or it is tick based?
13:32 Uttam : 5mins but it is a P&F chart not the normal candlestick
13:33 Mihir : Ooh okay
13:34 Uttam : probable FA at 10791 in NF
13:34 Uttam : BNF keeping it up
13:35 Uttam : Janak must have booked his 15 points on 10791 short 🙂
13:35 Uttam : reds in BNF
13:37 janak : yes Uttam that 790.95 (that is how i put the sell order) got in and booked at 772
13:37 janak : thnx to u
13:37 Uttam : super 🙂 congrats
13:37 janak : now give me a treat 😉
13:37 Uttam : 10760 goes can again tag IBL
13:38 janak : NF is a much better index for me to trade with
13:38 Uttam : sorry day’s lows
13:38 janak : i am done almost for the day now – will stay away and wait for Shai’s call – option call if any
13:38 Sandesh : Uttam.. push her down
13:38 Mihir : Official lottery call.
13:39 janak : 770 is a tricky place today – can send NF 30 up and down
13:39 janak : so better not to venture
13:39 Mihir : Today one of the writers will be swaha.
13:39 janak : esp. if there is an FA
13:39 Uttam : (11:50) Uttam : 26500 combo at 114, needs to get above 130 in case we getting a expiry move…that combo now at 98
13:41 HK : Mihir, you mean low volume buyers will be shown in blue?
13:41 Mihir : Yes.
13:42 HK : thanks mate
13:44 Shai : BNF is a clean short at these levels. But just the writing today is keeping price up
13:46 Praneeth : some one heard you shai, pls get 100 more down
13:47 Uttam : (13:37) Uttam : 10760 goes can again tag IBL(13:38) Uttam : sorry day’s lows low so far in this dip 10761
13:47 Shai : Lottery trade ” Buy 26500 pe at 31 . No SL. Hold for 80.
13:48 Sandesh : banggggggggggggggggggggggg
13:49 Uttam : NF also a short here beow vwap Shai?
13:49 Shai : The way I see it there are longer term shorts created in Futures today and these are up against shorter term put writers at 26500 and 26400 pE
13:49 Mihir : Yes shai. That coorelates the intent lines.
13:50 Shai : That PE is a lottery. 31 points of risk
13:53 Jitender : abv 540 bnf shrts b careful
13:55 janak : Uttam with his FA at 791 in NF wont let any index fall!
13:56 Uttam : for FA to get confirmed NF hgas to break below 10760 & 10753 Janak
13:57 janak : oh ok
13:57 janak : or is it a poor high to be repaired?
13:58 Uttam : BNf has poor high
13:58 Uttam : NF none
13:58 Mihir : Can do 50 above DHI in bnf. For vix range.
14:17 Jitender : mayb 640
14:18 Praneeth : writters day?
14:19 Mihir : Last session of test match it feels like.
14:21 janak : if NF hovers around 770 till end, i will be tempted to take a pos. short
14:22 Jitender : too less a prem in 500pe..sumthn afoot ?
14:23 Jitender : out of all pos
14:23 Jitender : not comfy with bnf rite now
14:23 Jitender : y take a risk
14:27 Praneeth : sell intent is above buy nitent in bnf
14:28 Jitender : + (13:49) Shai : The way I see it there are longer term shorts created in Futures today and these are up against shorter term put writers at 26500 and 26400 pE
14:30 Uttam : 26578 is prev week VAH in BNF above that BNF can do that 26685
14:31 Jitender : Shai..ny selln in 10700ce in last 30mins ?
14:32 Jitender : AG sayn explosion on bnf on up
14:32 RK : excellent controlling in BNF
14:32 RK : within 25 points
14:33 RK : not movinf below dVAH and above day high
14:34 Uttam : fresh greens in BNF?
14:34 Uttam : RK spot Nifty has made a ledge at 10755
14:34 Jitender : fucker moved it (14:32) Jitender : AG sayn explosion on bnf on up
14:35 Uttam : RK which was there in prev composite also
14:35 RK : ok
14:35 Uttam : BNF poor high repaired
14:42 Praneeth : 26410 possible in bnf?
14:44 Shai : if 26500 breaks
14:44 Praneeth : pls break shai
14:44 Praneeth : 🙂
14:44 Shai : sould csoe near 26320 if that happens
14:47 Jitender : instinct (14:23) Jitender : not comfy with bnf rite now(14:23) Jitender : y take a risk
14:48 Uttam : will the 26500pe wrtiers be forced to cover?
14:48 Uttam : pressure certainly coming
14:49 Jitender : only if 520 in spot goes
14:49 janak : shai that 500—-320 can come tom also?
14:53 Uttam : looks like PE writers gong to win today
14:54 Shai : 26500 ce covered on taht drop – (14:44) Shai : if 26500 breaks
14:54 Shai : game set match to the writers today
14:55 Uttam : 26500 ce high if 120
14:55 Praneeth : so its not going to brk 26500 shai?
14:55 Shai : 🙁
14:56 janak : tom morning it can break
14:57 Yogesh : @Shai good place to create a positional short in NF?
15:01 Shai : No not in NF
15:01 Shai : BNFFFF
15:01 Yogesh : ok
15:01 Shai : NF has supp at 10730/ 36
15:04 janak : how many times that 770-790 zone has sold off today
15:05 Shai : Positional : short BankNifty 26490 sl of 26620 tgt 26320.
15:05 Jitender : +1
15:06 Uttam : Fa confirmed in NF
15:06 Yogesh : +1 initiated
15:06 Shai : Intent trade for tom
15:06 Shai : 30 crosses in 26500 pe …will be sweet
15:07 Uttam : NF on for 10697 1atr if 10737 breaks
15:07 Uttam : 10730 breask
15:08 Uttam : 26460 again holding
15:10 Uttam : good greens in NF in this fall Shai?
15:10 Uttam : 10731 ext handle tested
15:11 Jitender : one last trade–26.6pe from 110-80 🙂
15:11 Jitender : patience pays
15:12 Shai : you are quick man 🙂
15:12 Jitender : was waitn since 2.30
15:12 Jitender : 500 spot was to be protected
15:12 Shai : BN has gone nack to closing at round numbers looks like
15:13 janak : which ATM BN pe for that pos. short shai? 26400?
15:13 Uttam : 26500combo below 15 now
15:13 Jitender : nowadays post 3.05pm trade happens on expiry
15:16 Jitender : not like yday..but happy expiry
15:16 Yogesh : @shai.. USDINR up for a blast tomorrow creating new high?
15:16 janak : SP on run
15:16 Jitender : +17
15:20 Shai : USDINR view is for 71 .5 on this swing up. RBI is coming around 69 but they will not be able to hld it down
15:21 Shai : 69.46 is thee for Tom in this move
15:21 Shai : but risk is RBI inetervention here at these prices
15:22 Shai : I see 70 and 70.5 tis month usdinr
15:22 Yogesh : thx Shai
15:27 Uttam : 26460 is the level below which BNF should open tom
15:27 Uttam : or get rejected at today’s wide POC of 26490
15:27 Shai : for drive
15:27 Uttam : yep drive will be nice 🙂
15:28 Shai : 6.13 CR in 26500 pe
15:28 Uttam : below 26460 next stop could be 26374
15:28 Shai : was 1.2 Cr in first 90 mins
15:29 Uttam : most of it would be Jit’s fridn Shai 😉
15:29 Shai : shows that the writing increases as day goes on
15:29 Shai : Bye all
15:29 Uttam : but too dangerous a play it is becoming
15:29 Shai : Have a nice evening
15:29 Jitender : bye all
15:29 Uttam : thanks all 🙂 have a lovley evening
15:29 Shashwat : Bye all
15:31 Praneeth : bye all
09:31 Uttam : Shai view on TataSteel for short term? looking good for upside with SL below today’s low?
09:37 Abhay : shai view on dlf ?
11:06 Uttam : Shai ignore that Tatasteel query, it has broken morning lows
11:07 Uttam : view on Ultracem Shai? good buying today & can it start a fresh leg up?
11:16 Shai : dlf has a swing supp at 180 but res is firm at 197 now
11:18 Shai : ultracem 3890- 99 a swing res. yes a good hold if closes above it
11:18 Uttam : thanks Shai so better to go long on confrimation of close above or can go long here in part?
11:20 Shai : long abv better for swing hold
11:20 Uttam : thanks Shai 🙂
12:06 Gaurav : Shai can I buy Karnatka Bank positional July?
13:05 Shai : ktk still sideways and not showing a lot of buying
13:05 Shai : but swing supp at 102.5 is good
13:06 Uttam : Ultra at that 3890 level Shai, good buying there today?
13:43 Uttam : Ultra blasting away