OrderFlow charts – 30 min duration of the Nifty and the BankNifty May Futures showing the Buy side and the sell side imbalances
09:03 Vtrender Live : (09:02) Vtrender Live: OPtions charts – https://join.me/562-346-782
(09:03) Vtrender Live: 30 min Futures- https://global.gotomeeting.com/join/513530085
09:11 Shai : (09:11) Shai : https://vtrender.com/evening-marketprofile-report-dated-8th-june/
(09:11) Shai : https://vtrender.com/weekly-outlook-fo-the-week-dated-11th-june-to-15th-june-spot-prices/
09:34 Shai : (09:34) Shai : Positinal : Buy 10800 ce at 106 sl of 73 tgt 166.
09:38 Shai : (09:38) Shai : Intra : Buy BankNifty 25560 sl of 26480 tgt 26720.
09:48 Shai : (09:47) Shai : exit from the BNF longs at 26575- 80 here.
10:33 Shai : (10:32) Shai : Intra : Buy BankNifty again 26595-98 sl of 26525 tgt 26720.
11:14 Shai : (11:14) Shai : Bring SL of the BankNifty trade upto 26560.
11:56 Shai : (11:56) Shai : Book the BNF trade at 26616-618 here
13:32 Shai : (13:31) Shai : Intra : Buy Nifty above 10835 sl of 10815 tgt 10872.
13:32 Shai : (13:32) Shai : Trade a smaller size today as pace of the market is slow with low volumes
14:04 Shai : (14:04) Shai : Ignore the NF buy above trade for now
14:53 Shai : (14:52) Shai : BTST : Buy 26500 pe at 162 with sl of 119 tgt 250.
09:02 Vtrender Live : OPtions charts – https://join.me/562-346-782
09:03 Vtrender Live : 30 min Futures- https://global.gotomeeting.com/join/513530085
09:05 Kathir : GM Shai all
09:07 Jatin : gm all
09:07 Shai : GM all
09:10 janak : gm all. GST reduced 5% in Pharma so those will rally
09:11 Shai : https://vtrender.com/evening-marketprofile-report-dated-8th-june/
09:11 Praneeth : GM All
09:11 Shai : https://vtrender.com/weekly-outlook-fo-the-week-dated-11th-june-to-15th-june-spot-prices/
09:12 Mihir : Good morning folks.
09:12 TP : GM All.
09:13 Praneeth : Shai, your view on usdinr pls
09:18 Jitender : Gm Folks 🙂
09:18 Kathir : green band 5 mins bnf at low
09:20 Kathir : 30 mins nf pink band at top
09:22 Shai : USDINR 67.69 res for day. swing likey to tgt 67.19 if stays below
09:22 Praneeth : thanks shai
09:25 Shai : LIkely to go to 10807 if 10780 holds here
09:25 Shai : BNF for 26560
09:25 Shai : vol still coming in
09:34 Shai : Positinal : Buy 10800 ce at 106 sl of 73 tgt 166.
09:34 Praneeth : a) Holding above 26560 can bounce to 26630 and 26720 higher
09:34 Praneeth : ?
09:35 Shai : yes
09:38 Shai : Intra : Buy BankNifty 25560 sl of 26480 tgt 26720.
09:40 Uttam : Good Morning All 🙂
09:42 Kathir : gm uttam
09:45 Uttam : B
09:45 Uttam : BN spot headed to 26675 1atr from Friday’s FA of 26284
09:47 Shai : exit from the BNF longs at 26575- 80 here.
09:48 Shai : looks unsteady at 580
09:49 Shai : if we get 26500 we may make an entry again
09:50 Shai : In NF through the positional play lookig at a move to 10920 F vpoc from here
09:50 Shai : we are routing it through the 10800 ce
09:50 Uttam : +1 Shai
09:51 Shai : Futures would move intra above 10807 where that selling happened last week
09:51 Jitender : 810-839=0 spot is a congestion zone…thought 810 is the key
09:51 Jitender : 810-830
09:51 Shai : ok
09:51 Shai : tentative here – let’s see what C period does
09:52 Uttam : Spot also has made a top around prev week high of 10818 so above it can move faster
09:53 Uttam : both NF & BNF a drive Shai but on avg vols?
09:53 Shai : vol poor
09:54 Uttam : but has moved away from Friday range & stayng above so good but needs some more greens here?
09:55 Uttam : also as NF rejected entry into old composite to path of least res up now?
09:56 Jitender : 2days EOD close is imp
09:56 Jitender : fr it 2 bout or go bck in2 the comp
09:58 Kathir : friday positional bnf call doing it 🙂
10:00 Jitender : +1
10:01 Boppanna : Can anyone tell last thursday(6/7) vwap in BNF ?
10:01 Kathir : pink band nf 5 mins
10:01 Shai : 26665
10:01 Boppanna : thx Shai
10:03 Uttam : (09:45) Uttam : BN spot headed to 26675 1atr from Friday’s FA of 26284
10:03 Uttam : 66 more to go
10:04 Uttam : (09:53) Uttam : both NF & BNF a drive Shai but on avg vols?(09:54) Uttam : but has moved away from Friday range & stayng above so good but needs some more greens here?
10:12 Jitender : 2day’s Ibl in nf is just abv fri’s high
10:18 Jitender : sot at DH
10:18 Jitender : spot
10:24 HK : GM Shai and friedns
10:30 Ankush : gm all
10:32 Shai : Intra : Buy BankNifty again 26595-98 sl of 26525 tgt 26720.
10:33 HK : Shai, intra support for NF pls
10:33 Shai : 10780
10:33 Shai : (09:25) Shai : LIkely to go to 10807 if 10780 holds here
10:34 Jitender : +1
10:41 janak : looks like a trend day up shai
10:59 Jitender : 810 held on 1st test (09:51) Jitender : 810-839=0 spot is a congestion zone…thought 810 is the key(09:51) Jitender : 810-830
11:02 Shai : d period should extend for that- (10:41) janak : looks like a trend day up shai
11:02 Shai : else would be a P
11:03 Shai : intra zones? – (10:59) Jitender : 810 held on 1st test (09:51) Jitender : 810-839=0 spot is a congestion zone…thought 810 is the key(09:51) Jitender : 810-830
11:03 Jitender : Daily
11:03 Shai : ok
11:05 Shai : 830 was the high before we went up on that election verdict
11:05 Shai : tat reversal that day was abrupt and from 10892 spot
11:05 Shai : so if day highs are crossed today we should have a free 65 point run
11:06 Jitender : yh…
11:06 Jitender : or a rej cud lead it back at 10600…just lookn fr a LLT guy 2 help us 🙂
11:09 Shai : they lost it on Fiday on the gap down
11:09 Jitender : DII
11:09 Shai : was IMO a great opp for the shorts on Fri
11:10 Jitender : spx hasn’t reacted to G& fiasco so far….
11:10 Jitender : G7
11:10 Jitender : Trump mentioned India also
11:12 HK : the can show up now Jit
11:12 HK : red delta in 2 hrs with NF vwap breaking
11:12 HK : *1 hr
11:14 Shai : Bring SL of the BankNifty trade upto 26560.
11:14 Jitender : Hk..spx may react after the singapore meet
11:14 Jitender : is over
11:14 HK : NF guys may have to go dwon to get buying interest
11:15 HK : when it is getting over?
11:15 Jitender : dunno the exact time..but couple of hers 2 go
11:15 Jitender : tis is a news heavy week
11:17 HK : yeah, need to watch vols for moves
11:19 janak : generally such open drives keep an edge till 1.45 pm – isnt it?
11:33 Shai : yes B period highs and vwap to watch
11:43 Jitender : Hk…trump meetn is morrow
11:46 HK : cool…inv should get build by close
11:47 HK : the desks across the globe are common, so can get an hint at close
11:49 Jitender : G7 is loosing its relevance…ovr years…lets c….u r rite, post 2pm wud b interestn
11:51 Jitender : it was the photo….n trump;s reaction ( sumbody who knows..he has the cards) wich was v cool
11:56 Shai : Book the BNF trade at 26616-618 here
11:57 Shai : time consuming P profile
11:57 Shai : let’s see if 1.15 produces a move
11:59 Shiv : @shai Whats 1.15
12:00 Boppanna : time
12:01 Shiv : :%
12:07 Kathir : time
12:08 Uttam : 1 hour to go still for that 1:15
12:09 Shiv : My Q’s r stupid sometimes ..
12:10 Kathir : 🙂 learning is good
12:11 Shiv : haha agree with that
12:20 Shai : Well …the most stupid question is the one which is not asked 🙂
12:21 Jitender : yup +1
12:22 Jitender : the only question wich is asked & turns out to be the most stupidiest one …on hindsite is ” will u marry me” 😉
12:22 Shai : lol
12:27 Kathir : lol jit
12:33 Shashwat : 🙂
12:38 Azmath : Shai: Volume expansion in both?
12:47 Shiv : @ JIt Good one hhahha
12:47 janak : lol
12:49 Shiv : 1:15 starting to look upside ?
12:50 Kathir : Pink band in both
12:55 HK : NF vols at 36 L
12:55 Himanshu : good sellers in NF?
12:58 Jitender : simultaneous reds…nt to b ignored
13:06 Shai : yes vol very weak – (12:55) HK : NF vols at 36 L
13:07 Shai : at this rate it will touch only 60L which is way under average
13:09 janak : but mkt keeps sliding up shai till eod?
13:16 Kathir : nf green band at top 30 mins ?
13:17 Uttam : volumes still low
13:18 Kathir : band gone
13:18 Uttam : those pink band sellers must have exited
13:18 Kathir : ok
13:18 Uttam : NF not yet done 1.5 IB too though has been above IB for a long time
13:19 Shai : band will change if price action is slow which puts more volumes at the same price
13:19 HK : prob is too many ppl are shorting
13:19 Uttam : and as today volumes are low we need to be a bit more cautious about the bands Shai?
13:20 Uttam : 10700 PCR has been steadily rising since open
13:20 Uttam : @Jit that 10700 combo at 253 now from Friday’s 233
13:21 Uttam : did not carry but the signal was there to go long in it
13:21 Uttam : now more upside when 10800 straddle gets above & sustains 222-225
13:22 Jitender : hmm..looks like u wud get anthr go at it
13:24 Uttam : yes last week when we hit 10815 10700 PCR was below 1.2 so it had to make a dip
13:25 HK : Some heavy profit booking in NF, so can go a bit sideways
13:25 Uttam : poor highs in BNF
13:25 Uttam : in NF also now
13:26 Uttam : (09:45) Uttam : BN spot headed to 26675 1atr from Friday’s FA of 26284….still short by 33 points
13:28 janak : the way reliance is going up towards 1000 – NF will hit 10850 before eod – swing says 10861
13:30 janak : and of course bnf has to hit 26720
13:31 Shai : Intra : Buy Nifty above 10835 sl of 10815 tgt 10872.
13:32 Shai : Trade a smaller size today as pace of the market is slow with low volumes
13:33 Shai : Buyers are there in 10800 call which is looking steady
13:34 Shai : IB xtension is th paly for intra on a new high in this period
13:35 Priyanka : what does IB extenstion means? you mean volume
13:35 Uttam : IB extension is break of first hour high or low
13:36 Priyanka : okie initial balance
13:36 Uttam : yep 🙂
13:37 Praneeth : shai, below vwap with good sellign volume, any chance of tagging IBL?
13:39 Uttam : 10792-789 pull back low & singles of today will be good sup Praneeth
13:39 Shai : yes but we buy on a new high in I period or after
13:39 Uttam : if we do not get buyers there & have a liquidation break in the afternoon then could tag IBL
13:39 Uttam : for now looks like will make a ‘p’
13:41 Uttam : BNF unable to get above IBH & now NF also at IBH
13:41 Shai : yes
13:42 Uttam : 26570 imp in BNF to hold
13:44 janak : Nifty spot has done 70+ in a session – prob. of it doing 100 in a session is far higher
13:48 HK : Shai, sorry for the repeat, is there any significance of 30 mins delta
13:49 Shai : all day delta?
13:49 Shai : No
13:49 HK : ok, 30 mins delta is mostly red from morning and hence asked
13:50 Shai : delta is only a part of the story
13:50 Shai : This is only RS delta…when I comes trend of day will change
13:50 Shai : IS*
14:03 Shai : BNF weakening
14:03 Shai : 26570 expecte
14:04 Shai : Ignore the NF buy above trade for now
14:06 janak : after that initial 1st hour drive up – bnf is in a sucker mode
14:12 Jitender : nf in a 10 point range since 1 hr
14:14 janak : that is becoz shai has given a pos. buy there 😉 if he gives one in BNF now – it will stop going down 🙂
14:15 HK : P profile, entry in IB can give VAL NF
14:15 Shai : 26566- (14:03) Shai : BNF weakening(14:03) Shai : 26570 expecte
14:15 Jitender : yay
14:17 Shai : BNF again a Buy for 26656 sl of 26535, 580 now
14:19 Shai : Tis selling looks late
14:19 Priyanka : you mean 26556?
14:19 Shai : only for aggressive traders…higher irsk in that view
14:19 Priyanka : okie
14:20 HK : Stuck sellers in NF/BNF at vwap, mostly SL swipe
14:20 Shai : yes
14:20 Shai : vwap swipe
14:26 Uttam : (13:41) Uttam : BNF unable to get above IBH & now NF also at IBH(13:42) Uttam : 26570 imp in BNF to hold
14:29 Shai : exit if intis view here at 555-560- (14:17) Shai : BNF again a Buy for 26656 sl of 26535, 580 now
14:29 Shai : sustaining beow vwap now
14:29 Chetan Shenoy : https://in.investing.com/economic-calendar/indian-cpi-973
14:33 Praneeth : shai, stuck sellers?
14:33 Praneeth : 78320 in bnf?
14:43 Shai : lookslike morning longs coming off
14:44 Shai : did look stuck at one point of time
14:44 Gaurav : Shai can take a BTST on 10900ce?
14:44 Uttam : yep another day when we did not tag 1.5 IB after IBH ext & looks like liquidation break happening
14:47 Uttam : BN spot alsoi missed the 1atr tagret of 26675 by 22 points
14:51 Shai : can- (14:44) Gaurav : Shai can take a BTST on 10900ce?
14:52 Praneeth : Shai, IBL possible in bnf?
14:52 Uttam : more reds in BNF here
14:52 Uttam : into the morning singles
14:52 Shai : BTST : Buy 26500 pe at 162 with sl of 119 tgt 250.
14:52 Uttam : 26570 not holding IBL coming
14:57 Shai : This is getting bad here
14:57 Shai : reds have added in BNF
14:57 Shai : watch that PE
14:58 Jitender : (09:51) Jitender : 810-839=0 spot is a congestion zone…thought 810 is the key(09:51) Jitender : 810-830(09:56) Jitender : 2days EOD close is imp(09:56) Jitender : fr it 2 bout or go bck in2 the comp
14:58 Jitender : spot back at 810 n below
14:58 HK : this is done and booked NF 14:15 HK : P profile, entry in IB can give VAL NF
14:58 Jitender : execellent day
14:59 Shai : 26451
14:59 Shai : can it do 26340?
15:00 HK : Shai, how far NF can go
15:00 Shai : 10760
15:00 Shai : 202 already- (14:52) Shai : BTST : Buy 26500 pe at 162 with sl of 119 tgt 250.
15:01 Uttam : has mentioned this last week if 1.5 IB is not tagged post IBH ext then good chances of tagging IBL in the afternoon
15:02 Uttam : (13:41) Uttam : BNF unable to get above IBH & now NF also at IBH(13:42) Uttam : 26570 imp in BNF to hold the signs were all there
15:03 Jitender : ys
15:05 Shai : hdfc, icici and yes have given up the morning gains
15:06 Jitender : so has RIL
15:07 Shai : ok
15:07 Uttam : Ultra from 3830 now to 3785
15:07 janak : so even NF will do 760 eod today or tom
15:08 Uttam : it has been a low volume day so possible that only locals played around today & morning longs were forced to exit
15:08 Himanshu : shai we have grey bar in vilume in BNF 5 min – does it mean volume expansion ?
15:08 Jitender : ys
15:08 Jitender : hi vol bar
15:09 Jitender : 465 in bnf goes…anothr 50 can cum
15:09 Praneeth : Shai, close at days low or here?
15:14 Uttam : BNF has a FA at top today though was a very small one
15:15 Shai : what is 2ATR from 26330 Utaam?
15:15 Uttam : 1atr coming at 26285 if we get below 26426
15:15 HK : Jit, our last hr guys given enough clues
15:15 Jitender : yup
15:15 Uttam : 26130 you mean Shai? last week’s FA?
15:15 HK : carnage tomm
15:15 Jitender : have a wide grin on my face 🙂
15:16 TP : 86k bn seller was the man of the match ;0.
15:16 Uttam : from 26133 2atr as at 26880
15:16 Shai : 26330
15:16 Uttam : 27077 up & 25583 down
15:16 HK : huge selling in last 30 mins in NF
15:17 Uttam : whats at 26330 Shai?
15:18 Uttam : weekly POC in Spot it is Shai?
15:20 Ankush : shai.. puts to be carried?
15:21 Kathir : tej vix
15:22 Uttam : @Jit that 10700combo back to 233 form 253
15:22 Shai : we got a cross position in today- short BNF via 10500 put for tom and a longer dated call option in the 10800 ce for next 5 days
15:22 Shai : the BNF should drop to 10340 subject to 10570 giving res tom
15:22 Ankush : oh.. ok
15:22 Ankush : you mean 26340 and 26570
15:22 Uttam : 26570 res & 26340
15:22 Santosh : is it NF or BNF
15:23 Shai : 26570 and 26340 yes BNF
15:23 Uttam : the Singapore Summit will be doen by the time our markets open tom?
15:23 janak : NF to see 10735 tom?
15:24 TP : Dpoc still up in both a visit pending at open tmrw.
15:24 TP : subject to trumps approval 😉
15:24 Uttam : yes Tej & we have poor highs in both
15:24 Uttam : nice bell in NF though
15:26 janak : that was a crazy day in bnf
15:28 Shai : vol accumulating here
15:28 janak : yeah 5 min selling in BNF
15:28 Shai : kind of volume which tells a gap is comng
15:29 janak : gap down?
15:29 HK : +ve or -ve shai
15:29 Shai : mxed it is
15:29 Shai : 🙂
15:29 Jitender : bye all
15:29 TP : gap up.
15:29 Shai : Bye all
15:29 HK : NF jumped to 71l
15:29 Shai : Have a nice evening
15:29 janak : that carry PE closing price 183
15:29 TP : bye All.
15:29 Uttam : thanks All 🙂 have a lovely eveninh
15:29 Ankush : bye all
15:29 Ankush : trhanks
10:33 Gaurav : Shai CANARA BK can buy for 300 in this series?
11:01 Shai : 283.5- 285.2 looks on this weel
11:01 Shai : 274 buying of thursday should hold
11:02 Shai : I see 297 his month but that is subject to a good vol above 286 , else avoid
11:04 Gaurav : Thanks Shai
11:05 Jitender : Shai..pls gv MT view on RIL ?
11:08 Shai : RIL uptrending June so far
11:08 Shai : headed to 1072 ina quarter
11:08 Shai : dips to 900 zone are all buys
11:08 Shai : but should hold 950 over next 2 months
11:08 Jitender : tx
12:08 Uttam : Shai views on Ultracem for positional, looks like reversal done & headed hgher?
12:41 Jatin : shai astrazen
13:50 Gaurav : Shai can buy Exide Industries for June?
13:53 Shai : ultra looks good
13:53 Shai : 3890 in it to begin
13:54 Uttam : thanks Shai
13:54 Shai : astra 1387 shows sellers toda. But buying from 1250 is good and as long a s1250 holds should do higher levels
13:56 Shai : exide the buyers from alst tues have all exited. Look at 253 to see if buying reemreges
13:57 Shai : 250 SL for that long. Avoid if dips below 250
14:06 TP : Shai intra objective of ULTRACEMCO done or can hold , looks like trend day.
14:22 Shai : has stopped one time framing
14:22 Shai : one shot at 3838 may come but RR difificult to manage
14:22 TP : tks chief.