OrderFlow charts dated 21st June 2018
OrderFlow charts – 30 min duration of the Nifty and the BankNifty June Futures showing the Buy side and the sell side imbalances
08:31 Vtrender Live : (08:28) Vtrender Live: options link- https://join.me/899-499-263
(08:30) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/937995389
09:07 Shai : (09:06) Shai : https://vtrender.com/evening-marketprofile-report-dated-20th-june/
09:30 Shai : (09:30) Shai : Intra : short BankNifty 26625- 630 sl of 26710 tgt 26500/ 26460.
09:40 Shai : (09:40) Shai : BNF 26592 Reduce half and ride at cost the rest
10:46 Shai : (10:46) Shai : Buy 26600 pe in 2 parts – one here at 90- 92 other at 67 sl of 40 tgt 152/ 220.
11:20 Shai : (11:19) Shai : Reduce the secnd part of the BNF put at 79 here. Stay with original short with sl of 66
11:21 Shai : (11:21) Shai : Alos book the BNF shorts at 26572 here
11:44 Shai : (11:44) Shai : Buy 50%25 of 26500 pe at 47 also sl of 19 tgt 102.
11:58 Shai : (11:58) Shai : Book the 26600 pe fully at 115 here
12:45 Shai : (12:45) Shai : Add the other 50%25 in 26500 pe at 31 here. Maintain a SL of 18 for the trade
13:00 Shai : (13:00) Shai : Exit the 26500 pe\’s at market here
08:28 Vtrender Live : options link- https://join.me/899-499-263
08:30 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/937995389
09:03 janak : Gm Shai. Gm all.
09:03 janak : looks like a decent gap up?
09:05 Shai : GM all
09:06 janak : so we are back to 10830/16720 zone….
09:06 janak : 26720
09:06 Shai : https://vtrender.com/evening-marketprofile-report-dated-20th-june/
09:12 Jitender : Gmm Folks 🙂
09:12 Jitender : Gm
09:13 TP : GM All.
09:13 Praneeth : Gm All
09:13 Praneeth : Shai, usdinr having same levels as yesterday?
09:15 Shai : yes same auction
09:15 HK : GM Shai, Friends
09:15 HK : Charts moving
09:18 janak : 815 on?
09:18 janak : nf
09:20 Praneeth : usdinr stopped at 68.27.. shai good selling there?
09:21 Snehil : no 5m footprint chart
09:22 Shai : Charts up?
09:22 HK : Jit NEST stuck?
09:23 Praneeth : its working for me
09:23 Jitender : wkn Hk
09:23 Praneeth : had to reload
09:24 Uttam : Good Morning All 🙂
09:30 Shai : Intra : short BankNifty 26625- 630 sl of 26710 tgt 26400/ 26460.
09:30 Shai : (09:30) Shai : Intra : short BankNifty 26625- 630 sl of 26710 tgt 26500/ 26460.
09:33 Praneeth : shai, bnf 595 would be a hurdle to cross?
09:34 Shai : yes could be
09:34 Shai : watch OF there
09:34 Praneeth : ok
09:35 Shai : we have hit the vpoc of 13.06 in BNF and not showing new demand there
09:36 RK : BNF 3IB > O=H>PDH = close your eyes and short open > done quick scalp
09:37 TP : good one rk 🙂 fav set up.
09:37 Shai : +1
09:37 RK : always Tej 3IB means watch for any damn reason to fade it 🙂
09:38 RK : NF also done that spike retrace here..exact to 777
09:40 Shai : BNF 26592 Reduce half and ride at cost the rest
09:42 Praneeth : 595 supporting shai?
09:42 Uttam : that is yesterday’s POC
09:42 Uttam : so buyers there may be but below 26595-579 can fall more BNF
09:44 Shai : nice
09:44 Shai : continuation below 595 is good
09:45 Uttam : more buyers can be forced to liquidate?
09:46 Shai : yes that strange vol was there at 26595 near close
09:46 Shai : was a mix of stuck sellers liquidatung and some new selling for today
09:46 Shai : both of them would be watching the zone
09:47 Shai : 10766 supp in NF
09:47 Shai : has shown 55k green
09:48 Praneeth : +1 RK
09:49 Uttam : big reds in BNF but still looks like today also supply getting absorbed Shai?
09:49 Uttam : taking sup at that spike low
09:49 Shai : yes
09:49 Uttam : NF taking sup at that wide POC
09:50 Shai : icici
09:50 Uttam : 26645 needs to be crossed though in BNF for more upside here
09:51 Uttam : BNF is actually an ORR Shai?
09:51 Uttam : broke yVAH but taking sup at ypoc
09:52 Uttam : but back abv 26612 not bearish
09:52 Uttam : right now resisting at pdh 26622
09:54 Shai : It is Uttam
09:54 Shai : LOve the way you are reading the charts
09:55 Shai : +1
09:55 Praneeth : +1
09:55 Shai : let’s brea the PC
09:55 Uttam : 🙂 thanks Shai
09:55 Shai : let’s break the POC I meant 🙂
09:56 Shai : one O 🙂
09:56 Praneeth : 🙂
09:56 Uttam : yep this 30 min candle close below that poc means can head lower
09:56 Uttam : 26622 res now
09:57 Shai : 26645 is where the sell volume is
09:57 Uttam : +1
09:57 Shai : just at end of 1dt 5 mins
09:57 Uttam : (09:50) Uttam : 26645 needs to be crossed though in BNF for more upside here
09:57 Shai : if the SL or shrts today
09:57 Uttam : thats also the VAH of the composite in BNF
09:58 Uttam : need a close below 26575 now
09:58 Uttam : on 30mins
10:01 RK : NF bounced from VWAP of DD trend day..and IB is 40 points..considering range of last few days we are not going anywhere seems till 12pm..
10:02 RK : trend below 10750 or above 10820
10:02 janak : so Uttam an attempt at 26645 is on?
10:03 janak : before 10.15
10:07 Uttam : +1 RK
10:07 Uttam : Janak till it stays below 26622 I feel can probe lower
10:08 RK : early signs for b..lets see
10:08 RK : in both
10:08 Uttam : DD in range does not hold for too long RK so the singles can be probed sooner
10:08 Uttam : ?
10:16 RK : yes Uttam
10:18 RK : https://vtrender.slack.com/files/U0F5V89FX/FBBC8NXCJ/image.png
10:18 RK : composite
10:20 Praneeth : usdinr may spike now
10:21 Uttam : thanks RK 🙂
10:23 Uttam : IBL breaking in BNF
10:24 Uttam : but seems to be getting buyers?
10:24 HK : below “b” either buy buy or bye bye
10:26 RK : Hari b not yet confirmed..just a prediction
10:27 HK : yup, 10700 pe writers covering from yday and made big bucks
10:27 Uttam : range too small RK to hold for all day?
10:28 TP : bn vix range 240 and we have just 93 ib .
10:28 RK : Uttam yes we can expect re
10:29 Jitender : any idea wat was pain at yday close ?
10:29 Jitender : bnf
10:37 Uttam : 26530 a minor sup here
10:37 Uttam : 1.5 IB also in BNF
10:37 HK : basket selling again, carnage in stock yday and today
10:38 Uttam : if that goes can test the singles of yesterday’s DD which starts at 26453
10:38 Uttam : (10:07) Uttam : Janak till it stays below 26622 I feel can probe lower
10:39 Uttam : BNF can give a trend day down today
10:40 Uttam : ORR open & otf downside so far with IBL broken
10:40 Shai : C period extension
10:40 Shai : D has to confirm
10:40 Uttam : yes Shai needs to break that 26530
10:40 RK : has to stay belw 540 for 5-10 mins else bounce in BNf back to 620
10:40 Shai : 26474 looks getable now
10:40 Uttam : +1
10:41 RK : staying below 540 got obj for 425
10:41 Uttam : perfect shai 26483 is the weekly VAL also
10:41 HK : Can any post the compo BNF for this series pls in Slack
10:41 Uttam : it is there already HK, posted it this morning
10:41 HK : oh ok, thanks I will check
10:41 Uttam : https://vtrender.slack.com/files/U0HJRHZ8D/FBBF82XK7/banknifty_i__30_min___20-06-2018.jpg
10:43 Jayesh : Thanks Uttam
10:43 Shai : let’s watch 65 for an entry in the 26600 pe
10:43 Uttam : 🙂 welcome Jayesh
10:43 Shai : tgt is 152 in that in day low holds
10:43 HK : Thank you so much Uttam
10:43 Uttam : 🙂 welcome HK
10:46 Shai : Buy 26600 pe in 2 parts – one here at 90- 92 other at 67 sl of 40 tgt 152/ 220.
10:46 Uttam : some greens coming here in BNF but could be short covering too
10:47 Shai : taking one part here If it goes below 26540 then 26460 should come quickly
10:50 Uttam : 2 buyers in BNF 13k & 21k on 5mins supporting the slide for now looks like
10:50 Uttam : and now a green band
10:52 Praneeth : shai vwap test possible now bnf?
10:53 Uttam : green band in NF at vwap also
10:53 Uttam : probable FA in NF at lows
10:55 RK : b confirmed in NF
10:55 Uttam : yes RK was abt to say that but you think it will stay in this range all day?
10:55 janak : 26600 pe both entries in now
10:55 Jitender : all theese algo’s r gvng quick moves now….
10:55 RK : atleast for now I mean next 2 TPOs might stuck in this range
10:56 RK : if b means
10:58 Uttam : oh ok RK
11:00 Mihir : I love these ping pong trades in ce/pe bnf.
11:01 Mihir : Uttam thanks for the composite bnf 🙂
11:01 Praneeth : shai, are we done with high of the series?
11:02 Uttam : welcome Mihir 🙂
11:04 Shai : No Praneeth never decide that till last FRI of the series is done
11:04 Praneeth : oh ok..
11:05 Praneeth : traditional nifty chart shows formation of right shoulder in H&S pattern 🙂
11:05 Mihir : That 760 – 765 has some strong buffer zone.
11:05 Mihir : Action has been around it since feb.
11:06 Uttam : this 30min candle seems to be getting rejected at vwap in BNF
11:07 janak : last week also if u all remember bnf did 200 down in first half on expiry day
11:07 janak : i think it was around here only. opened above 26600 and went below 26500
11:08 Snehil : no charts
11:08 Praneeth : 25520 was yesterdays ledge?
11:08 Praneeth : *26520
11:11 Shai : Charts are fine Snehil. Do a refresh at your end
11:12 Shai : E period about to begin
11:12 Shai : imp for BNF to maje a new low
11:12 Natarajan : mine was also not working, i relogined and all is fine
11:15 RK : BNf probbaly making second distrbn here with tail at top..focus here to 26580 roughly and stay below 26540
11:15 RK : acceptance and grind above 26580 makes things choppy
11:15 HK : what would be the sl for BNf short
11:16 Shai : 26655
11:17 Uttam : yes RK needs to stay below 26580 & make new lows to remain bearish
11:19 Shai : Reduce the secnd part of the BNF put at 79 here. Stay with original short with sl of 66
11:21 Uttam : 10782 again forming a ledge looks like RK?
11:21 Shai : Alos book the BNF shorts at 26572 here
11:21 Uttam : has all tpos there today plus start of tail at top
11:21 Shai : we will respond again through the F if this makes a new low
11:21 Praneeth : shai, this is beacuse E period couldnt extend range?
11:22 Praneeth : *is this
11:22 Shai : Put was taken for a faster move below 26540 which is not coming
11:22 Praneeth : oh ok
11:22 Shai : I don’t want to stay in the trade if my original reason is not coming true
11:23 Praneeth : +1
11:23 Jayesh : @Shai, are stack red-green lines change (consider 2-days) done? as today they are very close to each other.
11:23 Shai : no – still one day
11:23 Jayesh : ok
11:23 Shai : BNF intent is up since that 26590 break
11:23 Shai : NF is neutral on day
11:24 Jayesh : Yes. thnx
11:24 Uttam : yes probable FA in NF at 10765 if 10785 is crossed which is singles of today
11:24 HK : it is al upto 12.30 guys now
11:25 Praneeth : tomorrow OPEC meeting on crude oil production increase.. so market movement would be subdued?
11:26 Praneeth : where is bnf max pain?
11:28 Praneeth : shai, todays bnf open is OAOR or ORR?
11:28 RK : this is great one Shai..this saved me from many trouble..(11:22) Shai : I don’t want to stay in the trade if my original reason is not coming true
11:28 Uttam : +1 RK / Shai
11:30 Shai : indeed
11:30 RK : but the thing is mkt throws different sweet sugar chips luring you to stay in..one need to whip that wish and get out 🙂
11:31 Shai : 🙂
11:31 Mihir : Great reason shai 🙂
11:31 Praneeth : Yes RK. Then it leads to hope and pray mode
11:31 Mihir : Market is full of maaya (illusion)
11:31 Mihir : Need to clear the clutter for best trades.
11:31 Shai : Or go to TP/ Jit for faster hands faster mind crash trading course
11:32 Praneeth : btw DAX future tanking
11:32 RK : Mihir actually mkt gives fair enough signs all around..its our mind which decides to accept what and ignore what
11:32 Shai : E has 12mins
11:33 Praneeth : wrong word, not tanking, moving down
11:33 Shai : pink is hsoing intent
11:33 Mihir : True that RK.
11:33 TP : fixed brokerage makes it easier to jump in and out . plus these band trades are really a winner. (11:31) Shai : Or go to TP/ Jit for faster hands faster mind crash trading course
11:34 Shai : anyone tracking that OMO scheduled for today?
11:34 Shai : Chetan here?
11:35 Natarajan : omo today , rbi announed on tuesday
11:35 Mihir : Shai these vwap + filter trades on days like these are amazing 🙂
11:36 Shai : yes Natarajan big one
11:37 Uttam : (11:17) Uttam : yes RK needs to stay below 26580 & make new lows to remain bearish…BNF high 26579 in this 30min bar
11:39 Natarajan : that put, i had booked half at 82, now trailed to cost. Good one shai thanksyou
11:40 Shai : done – (11:32) Shai : E has 12mins
11:40 Shai : MarketProfile +1
11:41 Himanshu : not a single TPO in D & E period in IB .. any significance shai ?
11:41 janak : wow that move in bnf came
11:42 janak : come on shai bring it below 500
11:42 Natarajan : what is the speciality of E period
11:44 Shai : Buy 50% of 26500 pe at 47 also sl of 19 tgt 102.
11:45 Shai : E has to cotinue what D started
11:45 Uttam : (10:39) Uttam : BNF can give a trend day down today(10:40) Uttam : ORR open & otf downside so far with IBL broken
11:45 Natarajan : i have bought 26000 pe (28th june) around 42, can you guid eme on that
11:45 Shai : I’m gone into trend day mode here guys. WE will sell all rises now to 26590
11:45 Uttam : +1 Shai
11:46 Shai : put premium spiking
11:47 janak : that 600pe went too fast till 127
11:47 Mihir : Shai was carrying overight pe 26400 avged at 5 rs. Now 22 exit done 🙂
11:50 janak : ha ha Mihir – never carry a pe or ce on previous day of bnf expiry is the thumb rule unless shai has advised otherwise premium will evoporate
11:51 Mihir : Yes. Practical class happened today.
11:51 janak : on a diff. note – i am also a big fan of trading bn options – less risky and can be averaged
11:51 HK : Rk 690 in sight?
11:52 Uttam : (10:38) Uttam : if that goes can test the singles of yesterday’s DD which starts at 26453…BNF making a pit stip at 2IB 26490
11:52 RK : 10735-740 first probe..next leg starts below 10730 Hari
11:52 HK : 2 days of heavy basket selling, can drop big IMO
11:52 HK : Thx RK
11:52 TP : The biggest advantage of options is your risk is defined ….no fear of a black swan event 😉
11:52 RK : hold below 770
11:54 Mihir : Yes TP 🙂
11:54 Uttam : NF now resisting at pday low
11:54 Mihir : Janak. Yes bnf options you can define your risk nicely if you are following levels.
11:55 Mihir : TP take a quick training for FFF. 🙂
11:55 Natarajan : what can be a better trail stop for 26600 pe
11:56 Jayesh : +1 Mihir…
11:56 Mihir : What a beauty. Dot at that D period of previous day it gets held.
11:56 janak : shai’s option calls are the finest i’ve seen
11:56 Manish : TP : The biggest advantage of options is your risk is defined ….no fear of a black swan event ;); TP, you mean hedged option strategies and not naked options. But even with hedged option strategies a black swan event will put a big dent in your portfolio.
11:57 TP : for intra no need hedge , overnight i rarely do.
11:58 Shai : Book the 26600 pe fully at 115 here
11:58 Manish : Got it TP. Can you please explain in slack what do you mean by band trading ?
11:58 Shai : we will move lower into the 26500 pe to add
11:59 TP : band is simple buy @mkt in next 5min bar if not fav reduce half . i take 7-8 in nfopt and around 20 in bn opt.
12:00 Manish : ok thnx
12:03 RK : BNf bounced from 2IB
12:03 Mihir : TP I did my first big option trade in nf based on that band 🙂
12:03 janak : Mihir, in initial years, despite shai’s advices against it – i have blown my trading accounts a zillion times by buying options in bn on previous day to expiry 🙂
12:04 Shai : puts are showing sellers
12:05 Shai : hopefuly it is a migartion to lower strikes
12:06 TP : +1 Mihir for the big one 😉
12:07 RK : holding the gate (10:02) RK : trend below 10750 or above 10820
12:12 Mihir : RK looks like we are just teasing that 750 test.
12:12 RK : break gets quick move
12:12 Mihir : Yes. 🙂
12:12 Mihir : Holding the bat.
12:12 RK : probe above 770 brings in usual killing chop
12:15 Shai : 778 today line for sellers
12:15 Shai : 26595 for BNF
12:16 RK : 775 yday 2.5 lac player and he contained within his 30 point today
12:17 RK : G stoped otf in bnf
12:17 RK : stopped
12:17 Uttam : pull back coming early?
12:18 Uttam : but yes that 26490-480 needs to break for more downside in BNF
12:19 Mihir : Unlike NF. BNF still to test the singles of yesterday.
12:22 HK : 3 hrs and just 30l in NF, poor volumes for 2 weeks now, option writers paradise
12:30 Natarajan : nf yesterday sell trigger 10752, held. bank nifty did not go till 26450.
12:35 Shai : At least 450 was expectec
12:44 TP : Rakesh Jhunjhunwala says will give away 25% of my wealth by 2030 in stages
12:44 TP : so bull mkt intact for next 10 years 🙂
12:45 Shai : Add the other 50% in 26500 pe at 31 here. Maintain a SL of 18 for the trade
12:52 Shai : 26595 sl for a short view today
12:52 RK : Nf threatening for Neutral day here..staying above 760
12:53 RK : that sellers in 775 zone need to keep this down below 760 now
12:53 Azmath : Uttam: do we have a FA At 840 levels? 15th June?
12:53 RK : H>G>F NF
12:54 Uttam : yep 10837 was FA in NF
12:54 Shai : yes 838 FA
12:54 RK : t+4 today
12:54 Azmath : Thank you shai
12:55 Azmath : What are the odds to visit?. T+5 Day tomorrow.
12:55 Uttam : reds exiting in BNF Shai?
12:56 Shai : odds start at 50-50 and remain at 50- 50 till +5 🙂
12:56 Uttam : green line tagging the red one now in stack chart
12:56 janak : sl gone in 26500 pe?
12:57 Shai : hold till 26595 is there
13:00 Shai : Exit the 26500 pe’s at market here
13:00 Shai : auction flipped
13:01 Jitender : bnf from prem into discount now
13:01 Jitender : HDFC used fr this rise up
13:02 Shai : yes
13:03 Shai : icicialso steady
13:03 Natarajan : bib bull RJ, talking positive on ICICI, private banks, tatasteel
13:04 Shai : 26650 test next
13:04 TP : above 595 we should do DH plus 60 and finish the vix range of 240
13:07 Shai : icici lifting now
13:07 Jitender : SC if it starts fr FII shrts wud be brutal
13:09 Jitender : 10k green at top in bnf
13:09 Uttam : BNF stalling at pday high yet again for now
13:10 Uttam : nice bell forming in it though
13:10 Uttam : NF still has that 10783 to deal with
13:13 Uttam : greens in NF also as it negotiates that 10783
13:14 Jitender : LTH fr RIL at 1034
13:14 RK : 10800CE in trouble
13:14 RK : they were strong since morning and showing sign of unwinding now
13:16 Praneeth : RK you mean writters of 10800CE?
13:16 RK : yes
13:16 Praneeth : ok, thanks
13:17 RK : they reduced half of what they have written since morning till low of 750
13:18 HK : 800 Ce OI reducing Rk
13:19 RK : yes
13:19 HK : How abt 700 PE OI
13:19 Uttam : and the June Story continues…all straddles continue to go down
13:19 HK : clearing starts tomm
13:19 RK : 700 Pe nothing big..flat almost
13:20 Boppanna : Shai vwap still a pivot in BNF?
13:22 Mihir : TP 35 points that green band gave 🙂
13:25 TP : +1
13:25 TP : Even 595 refrence working .
13:26 Mihir : Yes
13:26 Mihir : 26500 pe still has the lottery vibes 🙂
13:26 Jitender : spx slippn
13:27 Uttam : (13:09) Uttam : BNF stalling at pday high yet again for now
13:27 Mihir : Uttam: Thats where entered again 🙂
13:27 Mihir : Out with 40 😀
13:27 Mihir : I must confess. I have been doing more trades than normal with MP and OF.
13:28 Uttam : super Mihir 🙂 congrats
13:29 RK : its all over now (12:12) RK : probe above 770 brings in usual killing chop
13:30 Mihir : Thanks Uttam.
13:31 RK : where is BNF pain now?
13:31 Uttam : RK NF just filling up the composite?
13:32 Shai : Congarts Mihir
13:32 Shai : Good to see 🙂
13:32 Mihir : Thank you chief 🙂
13:33 RK : 770-740 lower part Uttam
13:33 Mihir : Can we screech up to the days high in bnf above pdh?
13:34 Boppanna : Pain all over RK 🙂 13:31 RK : where is BNF pain now?
13:34 RK : lol..not asked about our books..asked about option OI book 🙂
13:34 Uttam : yes RK that comp has a ppoc at 10790 where it got resisted now & has been fillinf that lower part in that profile
13:34 Uttam : lol Bopanna
13:34 Mihir : Haha Bopanna 🙂
13:35 RK : dont tell me its at 26500
13:35 Mihir : Shai Lottery trade any? 🙂
13:35 Uttam : 26600
13:35 RK : cool
13:35 Mihir : Babu writers can we take them today? Last week they had a respite.
13:35 Uttam : but almost similar vols between 26500 & 600 RK
13:36 Mihir : Just to understand the pain concept. If bnf stalls at the maxpain number. Writers will be hurt the most is it?
13:36 RK : they benefit a most
13:36 Mihir : Oh okay
13:36 Mihir : So they will like to take it there.
13:37 RK : people say expiry last hr moves mostly based on that..I dont track it..Jit and Tej can explain better
13:37 Mihir : Thanks RK.
13:38 janak : 26600 ce+pe is around 88 – if sold – can give atlesast 20?
13:38 janak : 20 profit
13:39 Praneeth : where is bnf max pain now?
13:39 Uttam : 26600
13:39 Uttam : between 26500 & 600 actually
13:39 Praneeth : ok
13:40 Boppanna : If BNF gets above day high +filter would be one of the rare ocassions where perfect short trade setups that I picked up here failed on consecutive days.
13:40 RK : Bop yday it was the same for me..looked like perfect but too much time and got spoiled..not only swing but even intra
13:40 RK : with NF
13:41 RK : as the saying goes..timing is imp and not the time spent on the trade..
13:43 Boppanna : yep totally agree
13:45 Uttam : RK / Bop as Shai says failed move give fast moves so this failure twice in BNF could mean we have a big upside move coming up? though we need more signals & confirmation
13:50 RK : NF below IBL
13:50 Jayesh : BNF inside bars in 30mins
13:51 RK : Uttam BNF back at VWAP..lets see if they defend it
13:51 TP : bn profile charts 2 numbers standing out 26722 and 26440 both match vix range let’s hit at least one;)
13:51 Boppanna : Also last two BN expiries have been around 26550 +/- zone
13:52 Mihir : TP hit both
13:53 Mihir : 😛
13:53 Uttam : yes Bop & today can be a hatrick with even the pain around same level
13:53 TP : was expecting it …either from you or jit 🙂
13:53 Mihir : haha 🙂
13:56 Mihir : Total 5 times IBL crossed for the day
13:57 RK : 32K seller at NF below IBL will decide next move now
13:57 Mihir : Upside down looks like so far
14:00 Mihir : Azmath is busy playing the range I am sure 🙂
14:01 RK : he is puking
14:02 Mihir : 😀
14:02 Kathir : Test
14:02 Mihir : Get me the vix range. (13:33) Mihir : Can we screech up to the days high in bnf above pdh?
14:05 Mihir : Need vol expansion here.
14:05 Shai : 26600 ce above res at 64 but above hat shoukd do 88 easy
14:05 Shai : 40 is also a buy zone
14:05 Shai : sl of 25 till close
14:07 Kathir : @ uttam bnf pain ? 26600 ?
14:07 Uttam : lemme chk it now once
14:08 Kathir : sure
14:08 Shai : 26600
14:08 Kathir : Thanks shai.
14:08 Uttam : yes now 26600
14:09 Uttam : 26500 getting safer for expiry looks like
14:09 Shai : 61.4 and down- (14:05) Shai : 26600 ce above res at 64 but above hat shoukd do 88 easy
14:09 Kathir : ty uttam. lets see
14:13 Jitender : 21k green at top bnf
14:13 Jitender : spx red
14:13 RK : 10783 Ledge NF
14:14 RK : dVAH there
14:14 Mihir : Spotting 😀
14:14 Mihir : (14:13) Jitender : 21k green at top bnf
14:14 Shai : cntered around dpoc
14:14 Shai : decay time
14:15 janak : 26600pe is at 30! we booked profit at 115 earlier…..
14:17 Praneeth : shai, can we enter that CE?
14:17 janak : SP has fallen 15 from heights – so we go down tom as well
14:18 HK : 2 attempts made at 700 this series, 3rd one wont hold
14:18 Jitender : gave 50 🙂 (14:14) Mihir : (14:13) Jitender : 21k green at top bnf
14:18 Jayesh : +1 Jit
14:19 Jitender : +1
14:19 janak : NF 700pe at 44 is good for cf shai?
14:19 janak : i think US mkt is falling sharply
14:20 Jitender : (14:13) Jitender : spx red
14:20 Jitender : 2pm trap fr greens
14:20 Mihir : Nice one that was
14:21 Mihir : Reds galore
14:21 Mihir : boom boom
14:21 Jitender : brk 500 & Sundar will be fucked
14:21 Mihir : haha 1cr guy?
14:21 Mihir : 😛
14:22 Jitender : yh\
14:23 RK : sellers in NF keen today to short all the move below 770
14:27 Shai : what is his trade Jit?
14:28 Jitender : 27800/900ce + 26500/400pe sell in morn
14:28 Shai : 26600 ce buy for 44 sl of 19
14:28 RK : tough to undertand..he fills every strike
14:29 Shai : he sold the CE before or the PE before
14:29 Jitender : ce on open
14:29 Shai : Lot of people weere writin PE at open
14:29 Jitender : n ten PE by 9.30
14:29 Shai : ok
14:29 Jitender : but on tv..lot of hindsite is avail
14:31 Jayesh : Done (14:28) Shai : 26600 ce buy for 44 sl of 19
14:31 Shai : 26540 supp
14:31 Jitender : 10750 brkn
14:31 Jitender : 1lac green tere
14:31 Jayesh : 1lac green NF
14:31 Shai : SL taken – (14:28) Shai : 26600 ce buy for 44 sl of 19
14:35 janak : made 9 to 24 in that 25500pe and 46 to 52 in 700 pe shai
14:35 janak : purely news and SP move
14:36 Shai : 10720 coming
14:36 Uttam : RK Spot making a nice ‘b’ in Nifty
14:36 Boppanna : 450 in BNF Shai?
14:36 Jitender : oh sweet Lord..thank u (14:21) Jitender : brk 500 & Sundar will be fucked
14:36 Mihir : Done 😀
14:36 RK : one time you can cheat and not all the time
14:36 RK : NF 🙂
14:37 janak : shai nf short a carry?
14:37 Jitender : dont wanna jinx it..short frm yr ledge…revenge fr yday 🙂
14:37 Uttam : NF spreading that ledge disease to BNF also today
14:37 Shai : No Janak
14:37 Uttam : 26620
14:38 HK : bye bye 10:24 HK : below “b” either buy buy or bye bye
14:38 Uttam : reds getting stuck in BNF at lows ?
14:38 Uttam : or longs covering here?
14:39 Mihir : (13:26) Mihir : 26500 pe still has the lottery vibes 🙂 Doneee.
14:39 Mihir : Thanks shai 😀
14:39 Uttam : PEs not making new highs though BNF did
14:39 Praneeth : shai, bnf 26409 possible?
14:41 Uttam : spot not making new lows
14:41 Praneeth : yes
14:41 Uttam : just this expiry move looks like in BNF
14:41 Uttam : so many reds & now proice moving up
14:42 Jitender : pain
14:42 Jitender : spot atill at 560
14:42 Praneeth : Jitender looking for 26440?
14:42 Jitender : no
14:42 Praneeth : ok
14:43 Jitender : post 3pm mite be…but tat wud be gambling
14:43 Praneeth : ok:)
14:43 Jitender : i will sq off all at 2.55
14:43 Jitender : ten take by 3.10-3.15
14:45 Shai : This last leg down has been sold through July F
14:46 HK : wow Shai
14:46 Praneeth : ok..
14:46 Praneeth : pain at 500?
14:46 Rushabh : shai could you elaborate on that?
14:46 Praneeth : if still at 600 then upmove possible now?
14:46 Shai : lot more sellers active in July F
14:46 Shai : 10777
14:47 janak : yeah shai chk 10700pe high price – 59 – that is me booked out based on ur 10720 coming 🙂
14:48 Shai : +1
14:48 Praneeth : +1
14:48 janak : that 59 never came on screen – i had kept in system 🙂
14:48 Praneeth : anyone where’s pain?
14:48 RK : so context wise everything worked..yday seller held 30point and got his 50 and BNF 3IB done the trick with pullback close to IBH..but inbetween the noise you had to manage 🙂
14:48 HK : I am in yday at 780
14:49 Shai : Yes HK . good good 1
14:49 janak : wow now it crossed 60
14:49 Shai : I remember
14:49 Uttam : suyog’s range also will come looks like
14:49 Jitender : from today ..with u (14:48) HK : I am in yday at 780
14:49 Shai : BNF may close at lows
14:49 Shai : That 10600 ce wasted
14:50 Shai : 26450 omly 1 standing in the way
14:50 HK : this cut is gonna be deep
14:50 janak : finally that 474 in bnf appeared shai!
14:50 HK : after distribution
14:50 Shai : 26380 / 330 can come
14:50 Priyanka : nf?
14:50 Uttam : yes 26500pe gave a FA at lows today
14:50 Uttam : could not trade as was nit in front of system but super entry in that
14:51 RK : both are at bands
14:51 Uttam : buy abv 141 it was with a SL of 121 & just now tagged 210
14:51 Shai : NF 10720/ 706 zone fo a bounce
14:51 Shai : stromg buying still here
14:53 Uttam : NF ext handle at 10746
14:54 Boppanna : And BNF 3IB setup didn’t disapppoint ..
14:54 RK : 751 Uttam
14:54 Uttam : it gave a FA at 26655 BNF
14:56 RK : still in composite and we have today as well as yday poc up..so this spike in NF will find it tough to get follow through if US goes flat
14:57 Uttam : RK today’s ext handle will not have that much imp as insdie the composite?
14:57 RK : break of 700 will bring in VIx rise
14:57 Uttam : but yes below 10740 NF will be weak?
14:57 RK : it will still have Uttam
14:57 RK : as its a valid visual ref for range extn of the day profile
14:57 Shai : 26550 pe lottery
14:58 Shai : tgt is 75
14:58 Priyanka : OK
14:58 Shai : 26500
14:58 Uttam : if it does not get visited tomorrow we could be in for a explosive expiry
14:58 Jitender : a very happy day today 🙂
14:58 RK : 26450?
14:58 janak : if they break 10700 with a gap down – there will be a commotion
14:58 Uttam : super Jit 🙂 congrats
14:59 TP : +1 jit.
14:59 RK : yes Uttam..(14:58) Uttam : if it does not get visited tomorrow we could be in for a explosive expiry
15:00 RK : its then confirmed that we had distribution yday and today
15:00 RK : if we dont test extn handle
15:00 Shai : 36
15:00 Uttam : +1 RK
15:01 Uttam : 26453 singles of DD
15:03 Uttam : till 26385
15:03 RK : 26396 3IB BN
15:03 Uttam : yep
15:03 Uttam : 240 range done
15:04 Shai : reduce lottery at 38
15:04 Shai : tsl at 22 till 315
15:04 TP : +1 for suyog and his calculations .
15:04 Uttam : yes Tej +1
15:06 Shai : out
15:06 RK : Shai we have stuck buyer in NF at 745 or thats seller making exit? any clue?
15:07 RK : 1.7lac
15:07 Jitender : spot bck at 500…
15:07 Shai : NF intent has gone plus for tom
15:07 Jitender : Rk
15:07 Jitender : it was at 750 i think
15:07 Shai : BNF is now marginal
15:08 RK : yes Jit in that 751-745 spike
15:08 Uttam : BNF Preversing from prev resE
15:08 Shai : stuck player RK
15:08 Uttam : forming a bearish canddle now, that 26500pe did 219 from 141
15:08 RK : tks shai
15:09 RK : Shai
15:09 RK : bands were not increasing in that grind down..
15:09 Shai : guys are becoming bigger and more confident
15:10 RK : bulls Shai?
15:10 Shai : no these big guys
15:10 Shai : they hold
15:10 RK : yes
15:10 Uttam : no trend day today also, hope we get a trend week now ;-p
15:10 RK : its not a big deal right Shai when you know who is dominating mkt on a given day
15:11 RK : when we ourselves able to find such nuances biggies must be having luxury of tools to know their competition on a given day and define battle accordingly
15:12 Shai : yes RK yhey can see a 40 orderbbook and gives them the comfort to hold
15:12 RK : yes
15:12 RK : setup a desk soon Shai..will migrate to Pune or Mumbai 🙂
15:13 Shai : when it becmes a compettitive mkt like the US they will lose their edge
15:13 Shai : lol soon :)- (15:12) RK : setup a desk soon Shai..will migrate to Pune or Mumbai 🙂
15:13 RK : waiting 🙂
15:13 Kathir : RK me
15:15 Jitender : Rk…already ahead of u in line :)(15:12) RK : setup a desk soon Shai..will migrate to Pune or Mumbai 🙂
15:15 RK : we all will gang up there
15:15 RK : Jit ofc you are risk manager and Tej is executive manager..we are all just operators
15:15 Kathir : then out of 40 – 39 orders will be ours 🙂
15:15 Uttam : Shai 10750ce+700pe can be a good conbo for expiry? NF has balanced all June so can trend into expiry?
15:15 TP : I am already outside the office …(15:15) Jitender : Rk…already ahead of u in line :)(15:12) RK : setup a desk soon Shai..will migrate to Pune or Mumbai 🙂
15:15 Jitender : nah…m happy to be an operator 🙂
15:16 RK : Tej lol
15:16 Jitender : small guy..small wishes with SL
15:16 Uttam : around 105
15:16 Jitender : Tej 🙂
15:16 HK : Jit if you are a small guy, we are just nanos
15:16 Kathir : lol tej
15:16 Jitender : u guys here r legends..n m happy to be here in yr company
15:17 Vinay Kumar : +1
15:17 TP : uttam look for that combo in july , if positional and can hold should give good returns.
15:17 Jitender : bte Tej..m after Shai..since 2010
15:17 Jitender : so no one can beat me tere 🙂
15:18 Shai : 🙂 . Yes
15:18 janak : pattern of the month at open (most cases) in NF? Sell at open, go down 50 pts and then climb up back
15:18 Shai : Soon…
15:18 Praneeth : close at DL shai?
15:18 Shai : BNF ripe for 26260 visiit again
15:18 TP : yes sir , seniority first ..(15:17) Jitender : bte Tej..m after Shai..since 2010
15:18 Shai : delinerating whther to take the short here or wait for to open
15:19 Shai : deliberating*
15:19 HK : yes, BNF option writers stalled the move down
15:19 Shai : intent is still negatibe and yesterday shorts holding
15:19 Boppanna : Shai can you check if there is big buying at lows for 26200pe monthly?
15:20 Shai : will have to chart it Bop
15:20 Uttam : oh ok Tej, will keep a check on that, thanks
15:20 Shai : can’t as current series is on
15:20 Boppanna : ok cool
15:21 Shai : These option charts work only one series at a time
15:21 Shai : F I can
15:22 Praneeth : today range 259.8
15:22 Shai : +1
15:23 Shai : that means writers won today
15:24 Priyanka : where can we see BNF tomorrow?
15:24 Priyanka : yesterday you said 26450 and here it is
15:24 janak : yeah Priyanka, ur same q yday was answer correctly by shai
15:25 Shai : 26260 priyanks
15:25 Priyanka : 🙂
15:25 Shai : but we will short it below 26450 tom or higher if we get
15:26 janak : wow that means we have a nice option trade set to at open shai
15:26 Shai : little hesitant here
15:26 Priyanka : okie
15:26 janak : shai do we see NF at 710 tom? 🙂
15:26 Praneeth : tomorrow OPEC meet
15:27 Shai : 10706- 10770 zone again NF
15:28 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Shai : catch up tom
15:29 Praneeth : bye all
15:29 Jitender : bye all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 TP : Bye All.
15:30 Kathir : Thanks and bye all
15:31 Shashwat : bye
09:40 Gaurav : Shai can buy JUSTDIAL futures for next week?
10:53 HK : Shai, can you please review IT positional view
10:53 HK : ITC I mean for swing
11:09 Shai : justdial not a buy till below 579 closing. intra day has taken supp at 573.5 but weaken more if that breaks
11:10 Shai : ITC open drive down. is more weak intra below 262. can do 258 / 254
12:01 HK : Shai, can you pls review infratel swing pls
14:50 Gaurav : Shai what happened in PIDILITE? Close longs?
14:56 Boppanna : Shai 26200pe BNF montly any big buying at the lows can you check when u have time