OrderFlow charts dated 29th June 2018
OrderFlow charts – 30 min duration of the Nifty and the BankNifty June Futures showing the Buy side and the sell side imbalances
08:52 Vtrender Live : (08:51) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/743902269
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08:57 Shai : (08:57) Shai : https://vtrender.com/evening-marketprofile-report-dated-28th-june/
09:45 Shai : (09:45) Shai : Intra : sell BankNifty 26390- 95 sl of 26490 tgt 26210.
10:03 Shai : (10:03) Shai : Book half BNF 26330
10:27 Shai : (10:27) Shai : Clsoe the Balance in the BNF trade
11:34 Shai : (11:34) Shai : Intra : Buy BankNifty near 26390- 395 sl of 26330 tgt 26515. Buy lower
11:37 Shai : (11:37) Shai : BNF in
12:36 Shai : (12:36) Shai : exit the BNF longs at 26412 here
14:36 Shai : (14:36) Shai : Positional : Buy 10700 pe at 146- 147 sl of 112 tgt 220
15:19 Shai : (15:19) Shai : Positional : short 50%25size BankNifty at 26340- 345 sl of 25515 tgt 26110.
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08:57 Shai : GM all
08:57 Shai : https://vtrender.com/evening-marketprofile-report-dated-28th-june/
09:03 Jitender : Gm Folks 🙂
09:04 janak : Gm Shai, Gm all. do we have a mild gap up of 25-30 in NF?
09:05 Shai : Quarter endig today + friday
09:05 Shai : last 2 fridays have shown a last hour bounce of 100 points
09:05 janak : SP had a sharp bounce up from yday low of 2693 – this morning at 2730!
09:05 janak : may be a window-dressing rally shai?
09:11 TP : GM All.
09:11 RK : on 26th took that swing trade in BNF and NF with small stop for 500+ swing target for BNF and 200+ for NF and obviously stopped on the same day..but things have played out same way and moral is most of the times your larger view wont pay you on first trigger..it will test you and dont hesitate to take second chance :)..GM Shai and all
09:12 janak : good RK
09:12 janak : mention here once u enter a similar trade today. will like to scalp a few 🙂
09:12 Shai : stay open – (09:05) janak : may be a window-dressing rally shai?
09:12 janak : sure
09:15 janak : 10500ce bought at 195 at close yday – booked at open with 20+ pts
09:15 janak : Sanju ticket + coffee in 🙂
09:16 Shai : driving open
09:18 janak : NF goes to 660 shai?
09:20 Shai : ext handle showing res
09:20 Shai : buy abv 639 only
09:21 janak : ok final NF long out at 638
09:22 janak : now will enter on ur calls
09:22 janak : i luv next day to expiries – always a drive up/down
09:24 janak : already 70 up from yday close NF – killer move
09:25 TP : Shai looking at OD bull intra safe zone to be crossed in BNF.
09:26 RK : MO -27 🙂
09:26 Uttam : Good Morning All 🙂
09:27 Shai : 26513 TP
09:27 TP : tks chief.
09:29 Uttam : that 10652 in June profile is at 10644 in July, NF just filling up yesterday’s profile here
09:29 janak : now grinding? NF has a visit left to 539? ha ha can go all the way down also bugger 🙂
09:29 Uttam : big reds in this morning mov Shai?
09:29 Uttam : but one red at 10610 under water also?
09:32 janak : bnf aiming at 440/513?
09:33 Uttam : yes needs to sustain above 26440
09:33 Uttam : can tag that vpoc of 26500
09:33 Uttam : for now filling up yesterdays profile from that wide POC of 26240
09:33 Uttam : which was also weekly VAL
09:34 Uttam : BNF still inside the ocmposite
09:35 Uttam : staying abov 10645-652 NF can look to test yesterday’s OH of 10674
09:36 Uttam : 10652 is the hvn in NF of the uppermost distribution yesterday
09:36 Uttam : if gets rejected here than can tag 10614
09:36 janak : NF is a safer instrument and very rewarding while BNF is a wild horse 🙂
09:41 Shai : expecting algos sell side here 10656 and 24444
09:41 Shai : let’s see if they stay
09:41 Shai : 10632 / 26365 support for this drive
09:41 Uttam : 26444
09:41 Shai : yes . Thanks
09:44 Jitender : nf gets a pink band in 30m
09:45 Shai : Intra : sell BankNifty 26390- 95 sl of 26490 tgt 26210.
09:45 HK : GM All
09:47 Shai : wednesday’s HVZ – (09:41) Shai : expecting algos sell side here 10656 and 24444
09:47 Shai : all they have to do is break the 10632 and 26365
09:51 janak : yes shai but they dont give up till 10.15 am
09:52 janak : so one more squeeze likely and u may have a whipsaw at 26500
09:52 janak : unless strong seller has stepped in
10:00 Uttam : supply getting absorbed in BNF?
10:00 Uttam : same story all of this week
10:00 Jitender : 55-59 morn first pause buyr
10:00 Jitender : bnf
10:00 Jitender : +vwap
10:03 Shai : Book half BNF 26330
10:03 Jitender : grt call Shai
10:03 Boppanna : +1
10:03 Jayesh : +1
10:03 Jitender : i nw feel..i shld have studied more in school …
10:04 janak : good call shai
10:04 Jitender : backbenchers have drawbacks 🙂
10:04 Shai : Cheers
10:05 Shai : you are the guru of these moves not me- (10:03) Jitender : i nw feel..i shld have studied more in school …
10:05 Shai : 26375 now res
10:05 Jitender : pls Shai….u r the real Guru_/\_
10:05 Jitender : but any way..u made my day ..tx 🙂
10:06 Shai : +1
10:06 janak : if both of u have issues being called a guru – i dont mind being called it 😉 just being called it – being guru is a diff matter 😉
10:06 Jayesh : This room is Gurukul for us…so many gurus here _/\_
10:06 Jitender : +1 Jayesh
10:06 janak : Jayesh i m a brat here 🙂
10:07 Manish : shai, jit, what was the setup for the BNF call ?
10:07 Manish : like what is the setup called ?
10:08 Shai : (09:47) Shai : wednesday’s HVZ – (09:41) Shai : expecting algos sell side here 10656 and 24444
10:09 Jayesh : & also it failed to take out yesterday’s high in the run and buyers got exhausted in the run..right Shai?
10:09 Shai : yes
10:09 Shai : and Open + Range of drive was done
10:10 Uttam : yes Jayesh / Manish 26444 was supply point in BNF Shai mentioned & we got a red box at hgihs today with NF also giving a pink band so one vwap test was coming
10:10 TP : Shai vol wise OD confirmed in both.
10:14 Manish : thnx uttam
10:14 Manish : uttam, how did we find out 26444 was the supply point ?
10:15 Uttam : yesterday OF
10:15 Uttam : Shai pointed that out in the room
10:15 Manish : ok thnx
10:16 janak : shai vwap bounce done in NF – now is it a trend day if it crosses 650 up?
10:16 Jayesh : Also Manish, look at market profile of Wed 27/8, L period around 26444 given only downward move, yesterday also couldnt move above it.
10:18 Manish : thnx jayesh
10:18 janak : if it turns out to be a trend day UP today Jayesh – it will take out 26444
10:19 Uttam : BNF taking sup at yVAH
10:19 Uttam : so morning buyers still there
10:21 Jitender : Grt obs Jayesh..keep them coming
10:22 Jayesh : Thnx Jit..sure
10:24 Jayesh : Just styding the hypos over this month..trying to learn.
10:24 janak : uttam, that move up in NF is on good volumes – 30L so responsive buyers?
10:24 janak : wont let it fall till eod
10:25 janak : at the most till 606
10:27 Praneeth : Gm All, shai your view on usdinr pls
10:27 Shai : Clsoe the Balance in the BNF trade
10:27 Shai : OD vol is there @TP
10:29 HK : Shai, Vols are great in NF right
10:29 Uttam : Janak looks like we are having initiative buyin today lets see, need as RE upside for that to confirm
10:29 Uttam : we are trading above yPOC in both so when that happens the buyers are strong
10:29 Shai : yes Vol is good @HK
10:29 TP : tks chief , vwap to watch now .
10:30 janak : ok as long as we stay above vwap 636 we are still in trend day up kind of scenario
10:30 Uttam : 2nd highest vol in NF in a month for IB
10:30 Boppanna : Shai BNF still undecided?
10:31 Shai : broad range USDINR 68.47 likely to hold on any pullback
10:31 Shai : 69.18* res
10:31 Praneeth : thanks shai
10:35 janak : vwap 637 defending so far
10:39 Jitender : AG long since morn…now goes short
10:39 Himanshu : whats yesterday’s VA high ? if anyone can help i m little confused
10:40 Jitender : Guys keep in mind..today is the last day of margin unwinding….
10:41 Jitender : Himanshu…the box has yday July VA’s
10:41 HK : didnt that happen in last 2 days Jit
10:42 Jitender : it did…
10:42 janak : 3rd attack ib vwao 637
10:42 Jitender : n u have a rise today fr the last min guys
10:43 Jitender : just keep it in context for post 1.30pm..if u see a sharp rejection of buys
10:43 Boppanna : thx Jit for the warning 10:39 Jitender : AG long since morn…now goes short
10:43 Jitender : 🙂
10:44 Uttam : double inside bar on 30mins in both
10:44 Uttam : coiling
10:44 HK : SIP guys zindabad
10:44 Uttam : both forming a ‘p’ so far & if D does not extend up then can assume morning move was just a short covering one
10:45 janak : 10722 is 2ib – can come today? last hour window dressing – if NF kept above 660 till 1 pm
10:45 Uttam : can do 80% in BNF once gets below 26320
10:46 Boppanna : RK did say that it could be coffee sipping day for the most part.
10:47 Himanshu : (10:41) Jitender : Himanshu…the box has yday July VA’s is it that 10669 ?
10:48 Uttam : 26407 & 10663 in spot needs to be crossed for upside
10:48 Boppanna : someone heard you Jit
10:48 Boppanna : in BNF
10:50 janak : till 2.45 or 3 pm shorts of yday will be choked 🙂
10:54 HK : Shai, is there any SOC in 10700-770 range NF
10:55 Jitender : janak…so far its an even steven fr both reds/greens
10:55 Jitender : we were highly oversold so a bounce was anticipated
10:55 Uttam : HK 10704 is the trend day vwap
10:55 Jitender : follow up or not…will decide
10:55 Uttam : june vwap at 10737 & june poc at 10760
10:55 HK : Thanks so much Uttam
10:56 Uttam : imp reference levels for upside
10:56 Uttam : 🙂 welcome HK
10:57 Jitender : m pen fr either way move..bias only 2wards mtm
10:57 Jitender : open
10:57 janak : yes and generally algos do a 50 and 100 pts in one direction from day low/highs. day low shows 591 – 641 was 50 and 691 wud be 100 – so that is why i m interested in knowing trend day up is there or not. if it is – just keep an order ready at 691 🙂
10:58 Jitender : in the supp of yr theory..its OD up with vols
10:58 janak : vwap test done 3 times and now going to day high but there facing res.
10:58 Jitender : (10:44) Uttam : both forming a ‘p’ so far & if D does not extend up then can assume morning move was just a short covering one
10:59 janak : also VAH is 669 so we are already in a 80% trade?
10:59 Uttam : this period needs an extrension
11:03 Uttam : Janak NF was a triple dist day yesterday so 80% may not work that well whereas BNF was a nice balance so 80% working chances better in BNF
11:03 TP : 80 % trade generaly for balanced / smaleer value days
11:03 Uttam : and doubht that VAH of 10669 is righyt
11:03 TP : uttam 🙂
11:03 Uttam : in evening report VAH was 10626
11:03 Uttam : 🙂 Tej
11:04 Jitender : yday was also #IB day in both on down….Ibl is imp ref
11:04 Jitender : 3IB
11:04 Uttam : yes RK has been saying that 4IB + 3IB plus MO at -60?
11:04 Uttam : so bounce had to come but how much we need to see
11:05 Jitender : nf extends
11:05 Uttam : extends & getting pink band on 5mins
11:07 Uttam : spot needs to stay above 10663
11:08 Uttam : it is the 38.2% retc from 10837 to 10557
11:08 Uttam : pink band gone
11:08 Uttam : 10675 coming?
11:09 HK : at least 760
11:10 Uttam : yes HKif we get above 10665 in spot then 10730 / 777 can come
11:10 HK : u r POC
11:11 Uttam : 10782 vpoc
11:11 Jitender : indicator wrkn :)(10:43) Boppanna : thx Jit for the warning 10:39 Jitender : AG long since morn…now goes short
11:12 Uttam : yes 10760 monthly poc
11:12 janak : bnf unwilling to move up 🙂
11:12 Uttam : yesterday it was unwilling to go down 😉 has become a brat
11:13 janak : he he- shai’s short level it does not want to breach 🙂
11:15 janak : reliance is going up – 950 yday close now 971
11:15 janak : keeping NF up
11:17 HK : Shai, where is supply for NF swing in July
11:19 Praneeth : not much volume in this upmove?
11:22 TP : nf sell intent still strong.
11:23 janak : uttam give me 440/500/513 in bnf man
11:24 Uttam : spot tagged 26407 but not sustaining above it
11:24 Uttam : once it sustains above 26407 spot BNF can move higher
11:24 Uttam : 26404 now
11:25 Uttam : Nifty sot has not yet done a range ext upside
11:34 Shai : Intra : Buy BankNifty near 26390- 395 sl of 26330 tgt 26515. Buy lower
11:36 janak : NF did exactly 10669 VAH
11:37 Shai : BNF in
11:56 janak : any new series – buy reliance and book profit after it has moved 25 pts up 🙂
11:56 janak : 1st day
11:56 janak : 950 yday close today did upto 978
11:58 HK : BNF may not move much
12:02 janak : my 12 noon observation of NF buy is failing since last 2 days :;-(
12:02 janak : however I do lot averaging and play a swing till 1.45 pm and it works – but yes on expiry days i keep a strict sl of 20 pts – gone in last 2 days
12:03 HK : is there any major event next week for BNF to trigger Uttam
12:04 janak : today 12 noon NF is 10669 – i will do averaging till 10649 and will book any profit above 10680 till 1.45 pm or will book loss
12:04 TP : Looks like coffee P , boring no extensions 🙂
12:08 HK : Shai, pls do let know when you find time 11:17 HK : Shai, where is supply for NF swing in July
12:17 Uttam : (11:08) Uttam : 10675 coming?
12:17 Uttam : done
12:17 Shai : the breoken 10760 HK
12:18 Shai : +1 Uttam
12:18 Uttam : HK dont know about the event but profile wise BNF indicating a big move in July
12:18 Shai : NF is still up
12:18 Shai : BNF bot able to cross A
12:18 Uttam : today also just filling up the composite
12:19 Uttam : looks like day high done in NF now all day in this profile itself
12:21 Uttam : 10680-10707 is low volume zone so can traverse fast if gets above 680
12:22 HK : jai ho NF
12:29 Uttam : NF 1.5 IB is at 10689, if does not tag that can expect a liquidation happning in the afternoon
12:30 Uttam : poor highs in BNF too
12:30 Uttam : so looks like can repair that
12:30 Uttam : 26365 new sup now in BNF
12:30 Uttam : pullback low of today
12:31 Shai : one fast zap to 26444
12:31 janak : (12:04) janak : today 12 noon NF is 10669 – i will do averaging till 10649 and will book any profit above 10680 till 1.45 pm or will book loss
12:31 janak : done 10 pts at 10679 and 15 at 10684 🙂
12:31 Shai : nice
12:32 Uttam : nice Janak 🙂 congrats
12:32 Uttam : so after Sanju, party time today 😉
12:32 janak : for all of u guys – take it on normal days –
12:32 janak : on expiry stay away better
12:32 janak : it is hardly 30 min we are in the trade and we got it
12:32 janak : time tested for more than 600 trades
12:33 janak : 100 failed – 500 worked
12:33 Uttam : great Janak 🙂 so good to have you back in the room & sharing your insights
12:34 janak : no knowledge man – just a tape reader – 🙂 pleasure is all mine to have u guys – can learn lot of tech
12:34 Manish : congrats Janak !!
12:34 janak : and maybe u all can fine tune such time-trades with OF
12:34 janak : thnx manish
12:35 janak : make sure u keep a book order in system for 10 or 15 pts whichever u want
12:35 janak : wen u take 12 noon trades
12:35 janak : have tried only on NF
12:36 Shai : exit the BNF longs at 26412 here
12:36 HK : many congrats Janak, you rock
12:36 janak : thnx HK – long time practice – just blindly punch at 12
12:38 Jayesh : sahi Janak
12:38 Shai : oh BNF
12:40 HK : mad broader mkt buying from yday
12:45 Shai : market is getting sold here
12:45 Shai : stay careful
12:45 Mihir : Congrats janak.
12:46 Mihir : Shai that 670 seller, first LLT will take his points and go looks like?
12:47 Uttam : (12:29) Uttam : NF 1.5 IB is at 10689, if does not tag that can expect a liquidation happning in the afternoon
12:47 Uttam : NF high exact 10689
12:47 TP : +100
12:47 Mihir : Yes Uttam. Wider ib range today. Always tougher to go above that 1.5 ib.
12:47 Mihir : In RE. I was looking for my short opportunity at 1.5 ib 🙂
12:48 Uttam : (12:30) Uttam : poor highs in BNF too(12:30) Uttam : so looks like can repair that(12:30) Uttam : 26365 new sup now in BNF BNF repairs poor highs
12:48 Boppanna : Shai BnF below365 can short?
12:48 Uttam : now a probable FA at top
12:48 Uttam : let vwap go Bop
12:48 Shai : below 340
12:48 Boppanna : k thx
12:50 Mihir : Pink band Jai ho.
12:51 Uttam : pink band at the right level 🙂
12:51 TP : ns/bns both up 88.
12:51 Mihir : Shai: Quick question. That POC of 5 and 30 min if shifting up with seller dominating means we might reverse right?
12:52 Uttam : if POC is higher that means seller in control Mihir
12:52 Mihir : Thanks Uttam 🙂
12:52 Uttam : if it moves lower means buyers comin in
12:53 janak : SP is superstrong today – so we may close at day high and gap up on Monday as well?
12:54 janak : BNF swing up looking at 26700 – which can come easily if we close around 26500 today and if there is no strong seller in the noon
12:55 Mihir : Day made. got 3 meaty trades.
12:55 Mihir : Thanks cheif 😀
12:55 janak : thnx Mihir – daily chai-paani trade for me:-) (12:45) Mihir : Congrats janak.
12:56 Uttam : BNF taking sup at vwap
12:56 Uttam : NF has a hvn today at 10665
12:57 Uttam : if that goes can tag 10643
12:58 Uttam : but till abv 10665 NF remains good for upside
13:00 Uttam : but good red delta today in both & especially in NF stack chart red line way abov the green one
13:01 Uttam : can the buyers force these reds to cover?
13:02 Mihir : Reds at 686. Single order it is?
13:02 janak : this is a bang on bullish start for July series
13:04 Mihir : OTF also stopped
13:08 Uttam : spot still OTF up Nifty
13:09 Mihir : Jit: AG indicator is super 🙂
13:10 Jitender : 🙂
13:15 Mihir : Uttam for wider IB ranges. Have we seen 2ib easily?
13:16 Mihir : Or it stalls after 1.5 usually?
13:16 Uttam : not much clue Mihir not checked on that data
13:17 Mihir : Ok.
13:21 janak : this is pending: (10:57) janak : yes and generally algos do a 50 and 100 pts in one direction from day low/highs. day low shows 591 – 641 was 50 and 691 wud be 100 – so that is why i m interested in knowing trend day up is there or not. if it is – just keep an order ready at 691 🙂
13:21 janak : that no. 691 most likely to come on screen today
13:24 Jayesh : +1 Janak
13:29 Mihir : Uttam. I think you are pushing reds to cover 😛
13:30 Uttam : when we are ot breaking vwap there is only one place to go 😉
13:30 Uttam : close above 10693 in spot will be bullish
13:31 Uttam : spot is sustaining above that 10663 now for good time
13:32 Uttam : one pull back test to it & then close above 10693 will be confrimation that bulls are in control
13:40 Mihir : BNF is already in the weekend mode.
13:40 Mihir : Boom boom boom! Let it gooo 10689.
13:40 Uttam : 10707 coming?
13:41 Uttam : poor high at 10689
13:41 Uttam : sellers not doing a good job here
13:41 Mihir : Uttam I want to understand the meaning of poor high low a little better.
13:41 Jayesh : Uttam why not 720..its 2IB
13:41 Jayesh : asking too much… 😉
13:41 Mihir : Jayesh. Ghee shakkar for you..
13:42 Uttam : 10680-707 is a low volume zone Jayesh plus we have the tredn day vwap at 10704
13:42 Uttam : you can expect more supply there
13:42 Jayesh : hhmmm ..ok
13:42 Uttam : for now Janak making sure that 10691 gets printed
13:43 Mihir : +1 Uttam. Janak got it.
13:43 Mihir : We will get 707 hopefully.
13:43 Mihir : 😀
13:44 Uttam : pinks have been coming but price been going hgiher
13:44 Uttam : Shai do we refresh once to confirm
13:44 Mihir : NDD happening.
13:46 TP : Nifty looks like a clear trend day .
13:46 Uttam : last dice of the seller here looks like
13:46 Uttam : last throw of the dice
13:46 Uttam : yes Tej, had that drive in the morning & buyers been defending
13:47 Uttam : 10665-660 now should hold today
13:47 TP : bn needs to wake up 🙂
13:47 Uttam : BNF also looks a bit awakened 😉
13:47 Uttam : lol Tej 2nd time today
13:47 janak : (13:43) Mihir : +1 Uttam. Janak got it. 🙂 clear trades if u r a scalper on a trend day
13:48 janak : BNF to have a dash at 500-515?
13:48 janak : 691 came on screen
13:48 TP : yes uttam maybe getting into habit like noting a few other things apart from F1/F2 🙂
13:48 Mihir : Late bloomer this BNF is.
13:55 Mihir : OF reading and entry with big boys never disappoints much.
13:57 Uttam : lol Tej 🙂
13:58 Jitender : bnf ready
13:58 TP : till where you taking it jit.
13:59 Jitender : 480..if it crosses 432
13:59 Jitender : else P to hai hi
14:00 TP : looks like bot doesn’t like it , pink band bn 🙂
14:01 Jitender : :0
14:02 TP : vix down 6.5%.
14:02 Mihir : Jit takes pink band away
14:02 Mihir : Shai. Older website had glossary page. All MP terms and its meaning. Can we have it back?
14:02 Mihir : Like super it was for mp term learning.
14:07 Jitender : 2 many greens in bnf between 395-415
14:07 Jitender : n price is stationary
14:08 Jitender : hdfc down
14:08 Mihir : Hdfc yes jit. Seeing since morning
14:08 Mihir : Met good supply at 2140
14:13 Mihir : Yes Jit , little weird here. One monster move? (14:07) Jitender : 2 many greens in bnf between 395-415
14:13 Shai : what’s up guys ?
14:14 Shai : what is the market doing?
14:14 Jitender : bnf..waiting to exhale 🙂
14:14 TP : yay chief back now mkt should do something 😉
14:14 Praneeth : Yo-Yo
14:14 Mihir : YAY!
14:14 Shai : refresh done- (13:44) Uttam : Shai do we refresh once to confirm
14:14 Sandeep : waiting for your instructions i think 🙂
14:14 Mihir : Get your whip Shai.
14:15 Shai : I found some people awake. Almighty be blessed!!
14:15 Jitender : lol
14:15 Jayesh : 🙂
14:15 Mihir : Shai. Is your id hacked? 😛
14:15 Mihir : That doesn’t sound like you.
14:15 Shashwat : 🙂
14:15 Shai : lol
14:16 Jitender : pls elaborate Mihir..we r confused 😉
14:16 Uttam : thanks Shai 🙂
14:17 Shai : am back from a longer than expected lunch and the amrket is right there
14:17 Uttam : lol Shai Friday mood setting in…
14:18 Shai : bell balance is 10707 July F
14:18 TP : 440-470-515 is the path to follow in bn Mr. bot .
14:18 Uttam : (13:40) Uttam : 10707 coming?
14:19 HK : NF puts BNF to shame
14:19 Mihir : @Jit: Just sudden sprut of messages from shai 🙂 hence the guess 😛
14:19 Mihir : HK true that.
14:19 HK : Mention in AM that BNF wont move
14:19 Mihir : Yes. What was your reasoning HK?
14:19 Mihir : 10707 lelo uttam 🙂
14:20 HK : loook at price diff
14:20 HK : Uttam let me know in advance if you are bringin in 760
14:20 HK : my SIP is at 610
14:20 Uttam : 10704 trend day vwap here
14:21 Shai : only RS seen – nothing initiative from the sellers
14:21 Uttam : Spot did not stop OTF upside in Nifty since IBH break
14:22 Uttam : Shai these RS guys can be in for a rude wake up call into the close?
14:25 Mihir : Shai RS are intra players usually? Or can be swing ones too?
14:25 Shai : RS are intra mostly
14:25 HK : these guys building shorts for next week, all the move to benullified
14:26 HK : not comfy with this buying tail/excess
14:26 TP : hdfcbank being used for reverse swing today.
14:26 Jitender : yup
14:29 Jitender : (14:13) Mihir : Yes Jit , little weird here. One monster move? (14:07) Jitender : 2 many greens in bnf between 395-415
14:30 Jitender : AG now ges shrt here
14:32 Jitender : m not gettn my comment as reloaded…had remarked in the morn abt a sharp sell off…in morn
14:32 Jitender : TG was hedged & gt saved
14:32 Mihir : Got my 75 Jit 🙂
14:32 Mihir : in bnf
14:32 janak : crazy bnf spent 3 hrs around 400-420
14:33 Mihir : First sign Janak. And tha Vazir of Bnf was getting pounded.
14:33 Mihir : the8
14:33 Mihir : The* uff butter fingers
14:33 Jayesh : out at cost …SL saved
14:34 Jitender : congrats Mihir
14:34 janak : i thought BNF come to trend day party – didnt
14:35 Mihir : Thanks jit. 🙂 Your message built the confidence 🙂
14:35 TP : +1 mihir.
14:36 Shai : Positional : Buy 10700 pe at 146- 147 sl of 112 tgt 220
14:40 Shai : A ittle more push and BNF can drop to day lows
14:44 janak : bnf is extremely weird today
14:47 HK : Shai, a buying tail/excess inside a compo (NF) is generally a suspect rigth
14:49 Shai : buying tail is best when from outside the value area
14:49 Shai : today looks like a reaction to yesterday’s overreaction
14:49 Uttam : BNF still has that probable FA at top
14:51 HK : mast Shai, booked out all swings
14:54 Mihir : Closing above 693?
14:56 Uttam : 26191 is 1atr in BNF from that 26437 if we break mornings OL start
14:59 Gaurav : Can take STBT on BNF also Shai?
15:00 Mihir : Price staying above pdh. Needs to break it.
15:01 Mihir : Anyone for one more day high?
15:02 Mihir : Get 2ib for entering that pe 🙂
15:02 Praneeth : +1
15:02 Praneeth : vwap buying
15:02 Mihir : Aye aye praneeth
15:03 Uttam : poor highs in NF
15:04 Uttam : 10674 has to break in NF for sellers to get any move lower
15:04 Uttam : can give a spike if the sellers are forced to quit
15:05 Jitender : Tej..score
15:05 Uttam : BNF green line reaching to the red one
15:05 TP : +1.5 .
15:05 Mihir : Yes uttam. Pdh is like the defender today.
15:05 Jitender : +1
15:06 Praneeth : giving hdfc b gives the hint
15:06 Uttam : (13:42) Uttam : 10680-707 is a low volume zone Jayesh plus we have the tredn day vwap at 10704(13:42) Uttam : you can expect more supply there
15:06 Uttam : two back to back pink bands in NF at 10704
15:06 Mihir : 23 more mins (14:54) Mihir : Closing above 693?
15:06 Uttam : but buyers srtill not giving up
15:07 janak : only nf has buyers
15:07 TP : Shai that nf positional short sl in terms of Jul F ?
15:07 Mihir : Stack chart intent is dominant.
15:07 Mihir : for sell though.
15:09 Shai : around 10760 TP
15:10 TP : tks chief i had 780 😉
15:10 Uttam : boom NF
15:12 Uttam : 10706.75 high in NF 🙂 so far
15:12 TP : vix down 8% so mkt expecting Trump to sleep through the weekend:)
15:12 Uttam : somehow dragged to that 10707 level
15:12 Gaurav : nearly 1million difference between buy and sell intent
15:12 Jayesh : sahi Uttam
15:13 Uttam : see Jayesh why no 2IB 🙂
15:13 Jayesh : yeah
15:13 Shai : +1
15:14 janak : shai bnf can sharply go down on monxay?
15:14 Praneeth : DAX falling?
15:14 janak : looked liefeless today
15:14 Mihir : +1 Uttam 🙂
15:15 Praneeth : 80 points down from DH
15:15 Uttam : thanks guys 🙂
15:15 Uttam : BNF is still in composite so NF rising when BNF is not does not mean BNF is bearish, both are coming to the same levels before making the next mve I feel
15:16 Praneeth : +1 uttam
15:16 Uttam : yes if BNF breaks below today low on Monday it will be a short
15:17 Shai : ye could – (15:14) janak : shai bnf can sharply go down on monxay?
15:18 TP : bn options also weird spot 372 and 263k call 214 not even 1 % move factoring.
15:19 Shai : Positional : short 50%size BankNifty at 26340- 345 sl of 25515 tgt 26110.
15:20 TP : both positional short that too on weekend 🙂
15:20 TP : WC back Shai the bear !!
15:20 Shai : one tested balance compoiste lows
15:20 Shai : the other tested the extension handle
15:21 Shai : intent is telling us no demand here
15:21 Shai : rest upto the market
15:21 TP : +1 chief.
15:28 Shai : 134/ 40 k gettings ell side heavy
15:28 Jitender : bnf being still sold into close
15:28 Shai : NF too
15:28 Uttam : yes big reds into the close
15:28 Jitender : bye all
15:29 Shai : Bye all
15:29 Shai : Have a good weekend
15:29 TP : Bye All.
15:29 Shashwat : Bye
15:29 Shai : Catch up Mon
15:29 Mihir : Bye everyone.
15:29 Uttam : thanks All 🙂
15:29 Mihir : Have a great weekend.
15:29 Shai : and root for Portugal tom 11.30
15:29 Shai : 🙂
15:29 Uttam : Argentina also 😉
15:29 Mihir : Shai.
15:29 Mihir : I am there.
15:29 Praneeth : bye all
15:29 Mihir : 😀