OrderFlow charts dated 28th May
08:52 Vtrender Live : (08:51) Vtrender Live: 30 min charts ( May+June F )= https://global.gotomeeting.com/join/836734965
(08:52) Vtrender Live: option charts – https://join.me/772-296-114
09:06 Shai : (09:02) Shai : https://vtrender.com/evening-marketprofile-report-dated-25th-may/
(09:05) Shai : https://vtrender.com/weekly-outlook-for-week-dated-28th-may-to-1st-june/
09:22 Shai : (09:22) Shai : Intra – Buy Nifty 10656-10658 sl of 10628 tgt 10690/ 10705.
09:47 Shai : (09:46) Shai : Update : close the Nifty intra longs at cost here 10658-660
10:43 Shai : (10:43) Shai : Intra : Keep a BNF short open below 26445 sl of 26515 tgt 26363. cmp 26460. short below.
11:38 Shai : (11:37) Shai : @everyone the webinar on reading the charts and using OrderFlow is on wednesday at 4 pm in the Room. Same location as your regular login. Please join in and wih questions!
12:31 Shai : (12:31) Shai : BNF stopped out Make exits
14:14 Shai : (14:14) Shai : Intra : Buy Nifty 10686 sl of 10666 tgt 10728. Trade a smaller size
14:57 Shai : (14:57) Shai : Update : book the Nifty longs at 10692
08:51 Vtrender Live : 30 min charts ( May+June F )= https://global.gotomeeting.com/join/836734965
08:52 Vtrender Live : option charts – https://join.me/772-296-114
08:58 janak : gap up and close at around 10730 today?
09:00 janak : actually chart suggest a sharp rise till 10820
09:00 Shai : GM all
09:00 Snehil : gm shai
09:01 Lakshay : janak don’t seduce us ….hehe
09:02 Shai : https://vtrender.com/evening-marketprofile-report-dated-25th-may/
09:03 janak : he he – we r back to bull mkt
09:04 janak : expiry can be around 10950
09:05 Uttam : Good Morning All 🙂
09:05 Shai : https://vtrender.com/weekly-outlook-for-week-dated-28th-may-to-1st-june/
09:06 Jitender : Gm Shai, Folks 🙂
09:06 Praneeth : Gm All
09:06 Praneeth : Shai, your view on usdinr pls
09:07 janak : We see 10675 and 10750 as supply points for the week into settlement.
09:07 janak : from that link
09:07 Kathir : GM shai all
09:10 Uttam : Nifty showing 43 point plus in pre open & BN only 18
09:11 TP : GM All.
09:11 janak : that may be to reduce the discount betn BNF and BN spot
09:11 Shai : usdinr slight weakness at tis open below 67.60F. Swing move below 67.60 can drop to 67.26
09:12 Shai : but short covering bounce can also nt be ruled out as settlement tom
09:12 janak : i m long in NF so hope to make a few at open
09:12 Shai : watch 67.54 for intra
09:13 Praneeth : thanks shai, you mean, above 67.54 would be resistance?
09:13 Shai : 67.54/ 67.60 res for day
09:13 Praneeth : cool
09:13 Shai : don’t be short abv 67,54
09:14 Praneeth : ok
09:14 Aiholi : good morning all
09:17 Uttam : BNF going for the 2atr from that failed FA of 25840
09:17 Uttam : 10 more points to go
09:17 Uttam : done…
09:19 Kathir : both open = loe
09:19 Kathir : low
09:19 Shai : possibly headed to 10686/90
09:20 Shai : open green band
09:20 TP : looks like FRI shorts running to cover …sc green.
09:22 Shai : Intra – Buy Nifty 10656-10658 sl of 10628 tgt 10690/ 10705.
09:24 Lakshay : please adjust goto charts
09:25 Lakshay : thanks
09:26 Praneeth : usdinr 67.5PE bought on friday at 0.06 covered at 0.14 avg
09:26 Praneeth : thanks shai for levels
09:27 Shai : charts sharing resulation today. so we may have those issues for next 4 days
09:27 Shai : +1 Praneeth
09:31 Shai : BNF has to decide here quickly at 25400
09:31 Shai : either 25480 or 25320 again
09:32 Shai : looks decided for 480
09:37 janak : good premkt levels shai – 10670-75 supply in action now
09:45 Santhanam : Shai : looks decided for 480 Spot or future?
09:46 Shai : Future
09:46 Shai : always F for intra day
09:46 Santhanam : thanks
09:46 Shai : Pace of tape has dropped drstically
09:46 Shai : Update : close the Nifty intra longs at cost hee 10658-660
09:47 Shai : avoid also that BNF long abv view
09:47 janak : -) that trade will work now later in the day shai
09:48 janak : initial drive over now all day drudgery in 30-40 pts
09:48 Shai : NF can drop to 640 again hence chooing to exit
09:48 janak : ur premkt level 675 is villain for that trade 🙂
09:52 HK : GM Shai, friends
09:58 Kathir : @ uttam whats up with 27k ce ?
10:03 Uttam : lemme check Kathir
10:03 Kathir : sure
10:10 Santosh : Market open above yesterdays IB and day range, as well open above 5/21 day range high where we saw rejection/responsing selling…so seems market will be defended above 10629
10:11 Santosh : urs response on my above view Shai, RK
10:13 Santosh : price chasing new value area
10:16 Santosh : so seem IB will be days range
10:20 Shai : IB can extend yes but we stay strong abv 630 today
10:21 Santosh : Shai where do i get to see the whole months daily chart of NF?
10:21 Shai : 67.30 sees buyng – (09:11) Shai : usdinr slight weakness at tis open below 67.60F. Swing move below 67.60 can drop to 67.26
10:21 Shai : can do 67.55
10:22 Santosh : here can see for 6 days only NF daily chart in MP
10:22 TP : Shai next positional lvl for BN above the 450-500 zone given in weekly report.
10:23 Uttam : 10673-680 needs to get scaled, pull back high of 18th May
10:23 Uttam : BNf going to tag that vpoc of 26480
10:24 Santosh : IB tagged but its C time frame need to wait for D TPO
10:25 Shai : blog has daily post updated and you can see prev- (10:21) Santosh : Shai where do i get to see the whole months daily chart of NF?
10:26 Shai : quirky move in BNF
10:26 Shai : was very undecided at 25400 and sudeen extension in C
10:26 Santosh : i check that… what i mean is NF MP daily chart for the series in one page…
10:29 Shai : that is the daily chart only
10:30 Shai : last 20 profiles – https://vtrender.com/marketprofile-charts-dated-25th-may-2018/
10:32 Shai : 25790- (10:22) TP : Shai next positional lvl for BN above the 450-500 zone given in weekly report.
10:33 Uttam : 26790
10:33 TP : tks
10:43 Shai : Intra : Keep a BNF short open below 25445 sl of 25515 tgt 25363. cmp 25460. short below.
10:43 Santosh : Thanks Shai
10:43 Shai : (10:43) Shai : Intra : Keep a BNF short open below 26445 sl of 26515 tgt 26363. cmp 26460. short below.
11:00 Shai : BNF triggered
11:01 Shai : (10:26) Shai : quirky move in BNF
11:01 Boppanna : +1
11:01 Shai : short based on C period extension with SL above the vpoc of 15/05+ filter
11:02 Boppanna : Could drop quick below IBH Shai?
11:11 Shai : yes
11:11 Uttam : poor highs everywhere today, nifty spot NF, Bank Nifty Spot & BNF
11:11 Natarajan : poor high, means revist/
11:11 Natarajan : ?
11:11 Uttam : chances there that auction that side yet to get over @Natrajan
11:12 Uttam : so yes can revisit
11:13 Uttam : @Kathir 3L addition in that 27k CE good till it stays above 8
11:19 Kathir : ty uttam
11:26 HK : Shai, can USDINR dropt to 66.4 positionaal
11:27 Shai : can’t say here. Trade is tricky in F for 2 days as rollovers
11:28 Boppanna : that 2.2lkh is a rollovr in NF?
11:31 Shai : yes
11:31 Gaurav : how come both those May/June on buy side, one should be sell for it to be a rollover?
11:32 Uttam : need a refresh Shai
11:32 Uttam : both are green that 2.3L on May & June
11:34 Shai : that’s ok
11:34 Shai : refresh does not change anything
11:34 Uttam : so 2.3L green in both
11:34 Shai : yes they have an option of covering shorts and reversing same qty to longs also
11:35 Uttam : hmmm so this will be an interesting level to watch then Shai
11:35 Shai : this is the first – lots more will appear
11:35 Uttam : yep
11:36 HK : Shai, intra support for Nf pls
11:36 Natarajan : Shai, you arrive at roll over volumes based on these kind of bug trades?
11:36 Natarajan : *big
11:37 Shai : @vereyone the webinar on reading the charts and using OrderFlow is on wednesday at 4 pm in the Room. Same location as your regular login. Please join in and wih questions!
11:38 Uttam : super Shai 🙂 will be there
11:38 Santosh : Great
11:39 janak : shai refreshment will be served 😉
11:39 janak : can we order PIZZA/COFFEE and ask them to bill u ? 😉 complementary from shai 😉
11:39 Santosh : LLT 240525 in NF
11:41 Shai : sure as much as you can – (11:39) janak : can we order PIZZA/COFFEE and ask them to bill u ? 😉 complementary from shai 😉
11:41 janak : 🙂 ha ha good man!
11:43 Shai : correction – It’s a rollover : (11:39) Santosh : LLT 240525 in NF
11:44 Santosh : ok
11:44 Shai : subtle difference in volumes in expiry week
11:44 Uttam : yes Santosh, expiry week be careful about the big vol fellas as most will be rollovers
11:45 Santosh : ok…rollover games
11:54 Gaurav : so we effectively had 4.5L greens (May/June combined) and price still not moving higher. How to interpret this?
12:04 Uttam : poor highs repaired in both NF & BNF
12:15 TP : BN wants to move out of the P like friday.
12:20 Uttam : poor highs now getting shifted higher 😉
12:24 TP : 48k seller bn but green band.
12:24 TP : 38k
12:25 HK : CEs are least bothered abt this upmove
12:26 Snehil : sl hit in bnf
12:27 Uttam : and reverse in NF 1.4L green but pink band
12:28 Lakshay : late buyers , not a rollover
12:28 Lakshay : nf
12:30 Uttam : looks like multiple ordrs SL hit of shorts
12:30 Uttam : we have 0s above it too
12:30 Uttam : in NF
12:31 Shai : BNF stopped out Make exits
12:33 Uttam : BNF headed to 26570-590 Shai?
12:34 Shai : yes
12:34 TP : almost 1000 point move from the lows arond 550.
12:36 Uttam : yep
12:36 Uttam : 10680 in NF was a weekly ext handle & no wonder it is taking som uch time thrre
12:37 Uttam : sustaining above it NF can try to test that scene of crim & bigger ext handle of 10710
12:38 Boppanna : anyone has the BNF vwap and POC of Karntaka results day ?
12:38 Uttam : 10914 & 10858
12:38 RK : 26661 vwap and vpoc 2486
12:39 Uttam : 26480 & 26599
12:39 RK : *26486
12:39 Boppanna : thx RK ,Uttam
12:40 Uttam : You planning to take BNF above that vwap Boppanna 😉
12:41 Boppanna : no just trying to make sure my stops are above that if and when I enter my shorts 🙂
12:42 RK : Shai has a setup and if that goes right then 26600+ coming there
12:45 RK : pullback to 480 could be buy for that with 420 SL
12:51 Boppanna : 1TF up in BNF on the hourly charts
12:52 Shai : yes
12:52 Shai : have to buy the dip i next 30 mins
12:53 Ankush : shai.. seems like market wants to check that SOC of around 10720-30?
12:54 Shai : yes
12:54 Shai : shorts of friday trapped
12:54 Shashwat : SOC?
12:55 Uttam : Scene of Crime
12:55 Uttam : from where the market trended one side
12:56 Shashwat : thanks
12:58 Uttam : welcome 🙂
13:00 HK : Shai, intrs support for NF pls
13:00 HK : 10650?
13:02 Shai : 10642
13:07 Kathir : bnf dpoc shifted up 26512
13:08 HK : NF is on edge,
13:13 Kathir : pink band nf 30 mins ?
13:39 TP : Jit score ?
13:39 TP : mine is red .
13:44 RK : NF coiling here for 20 pointer move
13:45 RK : 10678-10695 boundaries to decide
13:46 Kathir : bnf had few attempts to go below dpoc ..but couldnt
13:47 Jitender : Tej 2.1..yrs
13:48 Jitender : oh..just saw yr red msg
13:48 Jitender : 0.80 is overnite bnf PE shrts
13:49 TP : good.
13:49 Jitender : majorly due to Maruti 8600ce longs at 88 in morn
13:49 Kathir : jit if this discount persists till setlment day noon ..then bnf will blst upside ?
13:49 Kathir : bnf
13:49 Jitender : no kathir..discount is nuthn to do with it
13:50 Boppanna : This seems to have happened 12:52 Shai : have to buy the dip i next 30 mins
13:51 Jitender : its up 110 points (13:49) Jitender : majorly due to Maruti 8600ce longs at 88 in morn
13:52 Kathir : ok jit
13:52 Kathir : congrats jit.
13:53 Jitender : tx bro
13:53 Kathir : @ RK dpoc close on cards both today ?
13:53 RK : BNf top reminds me inglorious bastards
13:53 TP : Maruti seems your fav now Jit 🙂
13:54 RK : in profile
13:54 Kathir : for a second though RK is angry with bnf guys 🙂
13:54 TP : lol
13:54 Jitender : so far..have gained 9xDT with only one -2DT trade…so net s +7
13:54 Jitender : since started tradn Maruti
13:54 TP : super
13:55 Jitender : plan 2 gradutare into 2-3 more stocks with Shai’s & ye help
13:55 Jitender : *your
13:55 TP : Stick to Shai for predictable results 🙂
13:56 Jitender : +1
13:56 RK : not sure KAthir (13:53) Kathir : @ RK dpoc close on cards both today ?
13:57 Kathir : ok
13:58 Jitender : Kathir..today is a good setup to do DH close….so watch the 1.55-2pm candle for any start of selling to get to yr dpoc 🙂
13:58 Kathir : ok jit. bnf there at dpoc now
13:59 Jitender : yh
13:59 Kathir : thanks man
13:59 Jitender : wc ji
14:03 janak : strong bulls….NF not falling even 10 pts properly
14:07 Santosh : RK is it we had initiative selling from 10692 last week
14:07 RK : yes
14:07 RK : BNF scalped head gone
14:07 Mihir : Good afternoon Room and Shai.
14:07 Santosh : above 10707 price will chase new value area
14:07 Kathir : 13:58 Jitender : Kathir..today is a good setup to do DH close….so watch the 1.55-2pm candle for any start of selling to get to yr dpoc 🙂
14:07 Kathir : perfect jit
14:08 Mihir : Rollover LLT and price action is very different. Need to see June activity too.
14:08 Santosh : RK (14:07) Santosh : above 10707 price will chase new value area above
14:09 RK : Santosh ST reversal confirmed above 10565 and above 10630..now just need to monitor auction for continuation..this zone is prev LVN and accepted now
14:09 RK : 650-670 was prev HVN hence grind
14:09 RK : in first session
14:10 RK : now any weakness only below 10625
14:10 RK : the spike
14:10 RK : *not spike..yday range
14:10 Santosh : ok
14:10 Santosh : 10629
14:10 Uttam : (12:33) Uttam : BNF headed to 26570-590 Shai?….done
14:10 Kathir : +1
14:11 Shashwat : HVN??
14:11 Uttam : high volume node
14:11 RK : high vol node
14:11 Shashwat : thanks Uttam
14:11 Uttam : level where lot of vol is attached
14:11 Uttam : which becomes imp reference
14:12 Mihir : Shai: Can today be classified as a slow trend day. Board at 9.30 exit at 3.30?
14:12 Mihir : 3.29*
14:13 Santosh : if accepated this HVN 650-670 will act as responsive buying for down
14:14 Shai : Intra : Buy Nifty 10686 sl of 10666 tgt 10728. Trade a smaller size
14:14 Shai : yes – (14:12) Mihir : Shai: Can today be classified as a slow trend day. Board at 9.30 exit at 3.30?
14:15 Shai : except that it has not given much of a pullback
14:17 Uttam : NF most likely to test that 10710 & if sellers do not come there can tag that vpoc of 10728\
14:18 Santosh : ok uttam
14:18 Uttam : BNF has run away ahead though
14:19 Santosh : market if chasing higher value area with higher POC means it is accepting the higher price….
14:20 Uttam : 26630 next level to watch on BNF else going to 26705
14:20 Kathir : uttam i am watching for that 10700 pe below 40
14:21 Santosh : RK testing the 10692 RS…right
14:21 Santosh : last weeks RS
14:21 RK : no Santosh test has to be rej at bottom of tail not top of tail
14:22 RK : 10670-695 was tail if am right
14:22 Santosh : ok
14:23 Uttam : yep we had a OH in NF at 10693.3
14:23 Santosh : so what happens at top of tail if the prices touches it
14:23 Uttam : and today hgih right there sp far
14:24 Uttam : but it was also a spike zone RK of prev day so singles actually till 10710 that SOC?
14:25 RK : yes above 710 was stuck buyers and we had spike below
14:25 RK : but after 300 pointer move down from there that becomes irrelavent imo
14:25 Uttam : hmmm okies
14:25 Uttam : that spike & tail did its job
14:26 RK : thats the reason no selling ref is respected in this move above that 565 VWAP
14:26 RK : yes that spike which trapped buyers done its job
14:26 Uttam : +1
14:26 Santosh : ok
14:26 RK : so what might happen here is above 710 those old buyers might come in
14:27 Santosh : 710-760 value area
14:27 RK : intra looks weak here now
14:27 Santosh : ok
14:27 HK : yes rk, pull it down to 648
14:28 Santosh : maybe grinding the options for expirty
14:28 HK : and if possible 550 on wed
14:32 Kathir : @ hk please take this above 700 once before doing that 🙂
14:33 HK : 🙂 IMO there is nothing to be bullish abt
14:33 Uttam : RK Friday – Monday same trend so if there is a reversal for expiry can expect it tom?
14:33 HK : Put writers can be whacked IMO
14:33 Kathir : ok
14:33 HK : Calls are also not bullish
14:33 RK : Uttam if we dont extend range and close above 695 today then I suspect bullish expiry..could be a dull one
14:34 Uttam : 550-700 types?
14:34 RK : not bearish also as 10500 and 10600 got good support for this expiry
14:34 RK : yes possible around 600
14:34 Uttam : +1 thanks RK
14:35 Jitender : sebi gets nod for petron n diesel futures
14:36 Uttam : so Jit now has one more entity to get his DTs in 😉
14:36 Jitender : 🙂
14:37 Uttam : so after Maruti Showroom you plan to open a IOC or HP outlet Jit 😉
14:37 Uttam : next to each other may be
14:38 Jitender : amen man
14:38 Uttam : Amen ++
14:38 Jitender : nuthn wrong to dream….:)
14:39 Uttam : pink band in NF being negotiated
14:41 Santosh : yes with buyers 1lac+ twice
14:42 Kathir : nf discount widening
14:43 Boppanna : Shai can we have 10700pe OF in options
14:43 Davis : what could be the reason, Kathir?
14:43 Kathir : more cash buying
14:44 Kathir : any other reasins jit ?
14:45 Jitender : sum PB in may also ..cud be
14:45 Kathir : psu bank index up 3 %
14:45 Jitender : Kathir..half book here if long in bnf at 2pm
14:46 TP : Jit finally neutral .
14:46 Jitender : awesum +1
14:46 RK : done (12:42) RK : Shai has a setup and if that goes right then 26600+ coming there
14:46 Kathir : sold 26700 pe jit coverred when bnf was around 580
14:47 Jitender : congrats K
14:47 Shai : +1 RK
14:47 TP : RK you playing BN today 😉
14:47 RK : 678 failed (13:45) RK : 10678-10695 boundaries to decide
14:47 RK : my NF stopped there
14:47 Kathir : ty jit. RK now tell us whats that plan 🙂
14:47 RK : no Tej
14:47 RK : just view..not in BNf
14:47 Shai : on screen=(14:43) Boppanna : Shai can we have 10700pe OF in options
14:48 RK : NF short at 685 with 10 point stop didnt work
14:48 Shai : was good trde for 25600 .
14:48 Boppanna : +1
14:48 Shai : was waiting for a prper test of 26485
14:49 RK : waited for dip at 480 Shai didnt get
14:49 TP : vix is rising should have gone below 12 in today’s upmpve.
14:49 RK : +1
14:49 RK : (14:48) Shai : was waiting for a prper test of 26485
14:53 RK : NF could do 660 below 685
14:55 HK : NF vols at 58 l only
14:57 Shai : Update : book the Nifty longs at 10692
14:57 RK : 10685.1 low..better stay above (14:53) RK : NF could do 660 below 685
14:57 Shai : too much struggle in a 10 pont range
14:59 Kathir : +1 RK was watching for that ..
15:02 Uttam : (14:20) Uttam : 26630 next level to watch on BNF else going to 26705
15:12 Shai : last friday a smiliar dip was bought
15:12 Shai : BNF down 100
15:12 Mihir : RK Nice trade there. 🙂
15:14 Mihir : VWAP test finally.
15:14 Shai : yes
15:15 RK : MIhir fate of mechanical slow trend day esp when you spike it up in J or K period 🙂 ..BNF perfect..NF struggling though
15:15 RK : spike also today came little late in L period
15:16 Boppanna : Shai a punt at 26200pe till expirry worth it?
15:17 Shai : 26470 has to break
15:17 Jitender : Us is closed today Bop..u can imagine 2mrw morn open
15:18 Boppanna : ok thx
15:21 Kathir : both at dpoc now
15:21 RK : guys atleast 665?
15:22 Kathir : sure .
15:22 Mihir : RK I am batting for 665 too.
15:23 Kathir : 6 more mins for you guys
15:23 Boppanna : Shai’s test of 480 on BNF pending so may get there
15:23 Shai : close at highs would have been a good short for tom
15:23 Shai : this close makes it even stevens for tom again
15:27 Mihir : Out at the edge of mb. last 30 min poc at low of the bar.
15:28 Kathir : uttam your 26630 kicked bnf
15:28 Shai : Bye all
15:28 Shai : Have a nice evening all
15:28 Shai : catch up tm
15:28 Uttam : 🙂 Kathir
15:28 Jitender : bye all
15:28 Ankush : bye all
15:28 TP : Bye All.
15:28 Ankush : thanks
15:29 Anish shah : thank yousir
15:29 Kathir : thanks and bye all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 janak : so again tom gap up and a march towards 10730
15:29 Mihir : See you all.
15:30 Praneeth : bye all
09:35 Kathir : @ shai views for LT longs positional
09:37 TP : LT results today.
09:38 Kathir : ok tej was about to ask you. should be good result 🙂
09:40 TP : not sure also results generally post mkt.
09:40 TP : L&TQ1FY18 16:19Q4FY17 16:41
09:42 Kathir : ty tej. mostly after market hours
09:42 TP : wc
09:52 HK : Shai, SUN pharma headed for 516?
09:52 HK : Sun pharm ID view only
10:13 HK : Shai, doea 445 level in Jet airways is of any significance, like SoC et al
10:25 Gaurav : Shai BEL futures can buy positional?
10:38 Shai : LT 1367 pos supply
10:38 Shai : supp 1352 today
10:38 Kathir : TY shai
10:38 Shai : either one level can set up a trade ro 1440 or down to 1313/ 1280
10:38 Shai : positional
10:39 Shai : sun pharma abv 488 good for 504/ 516
10:39 Kathir : ok. thanks
10:40 Shai : intra day detsination 504
10:41 Shai : 453 responsive seller- (10:13) HK : Shai, doea 445 level in Jet airways is of any significance, like SoC et al
11:10 Gaurav : DLF positional view pls Shai. thanks
11:12 Shai : sharp buying from fri dlf
11:12 Shai : see it extending to 213 from here 205
11:27 Gaurav : Thanks Shai
13:42 Kunal : shai any view for biocon
13:53 Shai : bicon headed to 680/ 695
13:53 Kunal : ok
13:53 Shai : dips are a buy till 646
13:53 Kunal : positional ?
13:53 Shai : yes
13:53 Kunal : ok
13:53 Kunal : thx
13:53 Shai : one month view sl below 635
13:53 Kunal : ok