OrderFlow charts and Notes 01/06/15

Bnf_TickFootprint_5_BnfFootprint_5_NfNf_Tick

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General Chat Transcript

Room Name: Vtrender
Date and Time: June 01, 2015 09:22:42

[08:53]   Kathir : GOOD MORNING
[08:53]   r m : Good Morning folks!’
[08:53]   r m : Hi Kathir 🙂
[08:53]   Porus : GM KAthir, RM and all
[08:53]   r m : Hi Porus
[08:54]   r m : http://vtrender.com/levels-and-plan-for-1st-june/
[08:54]   Kathir : Hi Porus
[08:54]   r m : http://vtrender.com/value-areas-of-options/
[08:54]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-2905/
[08:55]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-1-5-june15/
[08:55]   r m : Nifty JUN Future levels| Key Reference Area 8523| Hypo1 below 8523➜8471➜8444 SL 8556| Hypo2 above 8556➜8580➜8604 SL 8520
[08:55]   r m : Banknifty JUN Future levels| KRA 18876| Hypo1 below 18876➜18768➜18690 SL 18915| Hypo2 above 18915➜19086 SL 18860
[08:55]   Kiran : Good morning to all … i am new here
[08:55]   r m : Hi Kiran, welcome 🙂
[08:56]   r m : Nifty Spot Weekly levels| Resistance 8490/8555/8619| Support 8354/8305
[08:56]   r m : Banknifty Spot Weekly levels| Resistance 18900/19250| Support 18500/18550/18360
[08:57]   Sumit : GM everyone
[08:59]   Vikkas C : GM everyone..!
[09:02]   Pawandeep : Good Morning Shai,Rm & Friends
[09:02]   r m : Hi Pawandeep
[09:02]   Sudhakar : gm all
[09:03]   Srini A : Hi Shai / RM, GM All. This is my first day in the trading room.
[09:03]   r m : Hi Srini, welcome to the room
[09:04]   Sandeep : good morning
[09:04]   Sharad : GM all
[09:06]   Shai : GM all
[09:06]   RK : GM Shai,,RM and all
[09:06]   Ashish : GM all
[09:06]   RK : KRA above Friday range?
[09:07]   r m : Hi RK
[09:09]   Shai : Yes – weekly start and trend day positivity
[09:09]   Shai : (08:55) r m:http://vtrender.com/nifty-bn-weekly-view-spot-for-1-5-june15/
[09:10]   RK : fine..thanks
[09:10]   Naveen : Happy Morning..
[09:10]   Shai : Last week was sideways and we need to break abv KRA for continuous bullishness
[09:10]   Shai : else rotations
[09:10]   RK : got it
[09:11]   Venkatesan : gm shai, rm and friends
[09:11]   Kathir : Hi RK
[09:12]   Venkatesan : shai 8300pe value area please
[09:16]   Tejpreet : GM All.
[09:16]   Shai : all value areas updated here : http://vtrender.com/value-areas-of-options/
[09:16]   Shai : BNF abv pdh
[09:16]   RK : Hi Kathir
[09:17]   Shai : NF ref line at 8441
[09:17]   Venkatesan : thank you
[09:18]   Hemant : Ty Shai, for Option value areas 🙂 GM folks
[09:19]   Soumya : Hi shai, any opinion on sun pharma – fell a lot and below 900 now. What can be a good price to enter long?
[09:19]   Kathir : Thanks shai
[09:20]   John : GM all
[09:20]   Soumya : Hi Shai, what can be the good price to go long in sun pharma?
[09:20]   Soumya : sorry messaged again as there was an issue in loading the sent message
[09:22]   Shai : 18875 ref line in BNF
[09:22]   Shai : sellers coming higher
[09:24]   Shai : sun pharma 858 is a positional support now n the weekly
[09:24]   Shai : this open is weak and let the selling play out
[09:25]   Shai : atch 886 intra day for supp
[09:25]   Shai : 903/ 926 now res
[09:26]   Soumya : Thank you Shai
[09:26]   Shai : welcome
[09:29]   Shai : 18876/ 8441 still early morn ref lines
[09:29]   Shai : we buy BNF if 18876 is crossed
[09:32]   Shai : Sell NF 8440 sl of 8474 tgt 8415
[09:32]   Shai : sell at 8440
[09:33]   Sandeep : being new to the trading room can anyone guide as to what this yellow line denotes
[09:33]   r m : They are developing value area high and low
[09:34]   Venkatesan : hi shai, 8300 pe last trading day low was 82 but dval shows 69 how come possible?
[09:35]   Kathir : @Shai views for Grasim long
[09:38]   Shai : Venkatesan will check
[09:38]   Venkatesan : ok shai
[09:40]   r m : @Venkatesan, approx ami values http://screencast.com/t/1HY3UH8Op
[09:41]   Shai : Grasim is a good long abv 3696 today
[09:41]   Venkatesan : thank you shai
[09:41]   Shai : supp near 3601
[09:41]   Shai : let the open play out as it is two TF in Grasim
[09:42]   Kathir : Shai ok thanks
[09:43]   Shai : key test today for buyers is whether 8410- 8420 zone holds
[09:44]   r m : Now we are storing Shai’s comments on Stocks in http://tinyurl.com/Stocklevels sheet
[09:44]   r m : In case of Nifty and Banknifty spot, weekly support and resistances are shown in the sheet
[09:44]   Soumya : Target for grasim?
[09:45]   Shai : Early 15 mins is all sellers
[09:45]   Shai : Nice 1 RM
[09:45]   Varun : trend day poc’s normally hold @shai ?
[09:46]   r m : @Shai, all credit to RK, he is a source of wisdom 🙂
[09:46]   Shai : 3763/3787 grasim
[09:46]   Shai : Indeed RM 🙂
[09:46]   Shai : Yes Varun they should
[09:48]   Varun : thanks shai
[09:48]   Shai : There is a long buildup in BNF today
[09:48]   Shai : keeping it abv pdh and vah
[09:48]   Shai : but NF below pdh
[09:48]   Shai : and vah
[09:49]   Shai : 80% rule test may not work fully to VAL but POC can be seen
[09:49]   Varun : nw nifty cn do 2 things either go out of vah or do poc..going out of vah will be bullish.poc means rotation
[09:50]   Shai : +1
[09:50]   r m : @Shai, was not the VPOC at 8458 in NF? MP chart was showing that
[09:50]   Varun : no 8411 types
[09:51]   Shai : yes that was 1 big seller at 8458 but 8410 is more representative POC
[09:51]   r m : OK, thanks
[10:11]   RK : Can’t understand the logic behind OMCs running up after Crude upper circuit on Friday? BPCL up 70Rs in 2 days 🙂
[10:13]   Kathir : @RK anyway we are going to pay for circuits..:)
[10:14]   Shai : sellers in BNF
[10:14]   Shai : kra still around the session high
[10:14]   RK : as a trader rejoice and as a consumer pay 🙂
[10:16]   r m : @RK, they are not bearing the burden of Petrol, Diesel any more, LPG partially and only Kerosene subsidy is left for DBT now
[10:16]   Shai : There was a lot of selling which came in the closing hour on friday : http://vtrender.com/wp-content/uploads/2015/05/NF_tick19.png
[10:16]   Shai : columns on the extreme right
[10:16]   RK : Yes RM that’s the reason..
[10:16]   r m : so crude hike does not effect them, fuel prices are adjusted every fortnight
[10:17]   Shai : but had still expected at least 8510 at today open
[10:17]   RK : so time to buy them when crude making highs 🙂
[10:18]   r m : lol
[10:18]   r m : market has its own mysterious ways 🙂
[10:18]   r m : USDINR is in a Open Drive
[10:19]   RK : Yeah Rm otherwise life could be so easy 🙂
[10:20]   RK : Shai Tatasteel reversing to buy?
[10:20]   r m : it would be damn boring then because market will give 4% returns annually, same as savings bank deposit 🙂
[10:20]   RK : 🙂
[10:22]   Shai : tata stell intra day good abv 326 – but positionals get conf on close abv 336 today
[10:23]   RK : got it..thanks
[10:23]   Shai : tgt would be that 360 zone
[10:23]   RK : yes 355-360
[10:23]   Shai : 🙂
[10:24]   RK : tiger’s tail 🙂
[10:27]   Shai : Exit the NF short trade here at 8450
[10:27]   Shai : Buyers are responding at the lows below 8440
[10:28]   Shai : Mkt is unsettled here – NF and BNF pointing in opp directions
[10:29]   Kathir : @shai USD/INR levels supp and res
[10:34]   Shai : prices will be live in a min..
[10:34]   Kathir : may be BNF expecting good news tom
[10:47]   Shai : usdinr supp 63.93 but now res at 64.05
[10:48]   Hemant : Markets look poised for a decent breakout here, Shai should opt for short straddle or strangle?
[10:48]   Kathir : ok shai thanks
[10:48]   Kathir : @shai inr broke 63.93 now what nexr supp area
[10:49]   Shai : short strangle
[10:49]   Hemant : Got it, Ty
[10:51]   Pawandeep : @shai view on HUL
[10:51]   Shai : Buy BNF 18800- 18810 sl of 18755 tgt 18870
[10:53]   Shai : HUL nice move sl below 853 all day tgt 877/ 884
[10:54]   Shai : sl below 864**
[10:54]   Pawandeep : thanks:)
[11:01]   Soumya : shai – itc playing out well – near target in 4 sessions
[11:01]   Soumya : any inputs on updated chart?
[11:01]   Soumya : still looks strong to me for further upside
[11:03]   Tejpreet : India manufacturing PMI at 4 month high.
[11:03]   Soumya : nd are the levels discussed here futures level or cash levels?
[11:04]   Kathir : All cash levels for stocks
[11:04]   Tejpreet : Strong GDP data ,strong manufacturing data before RBI meet ….could the “doosra” by RR tomorrow be a status quo on interest rates.
[11:05]   Kathir : @tej tom waht time 11 am?
[11:06]   Soumya : yes
[11:06]   Kathir : sometimes this guy wake up and anounce 8 am itself
[11:06]   Soumya : rbi announcements at 11am
[11:06]   Soumya : yup that is also true @kathir
[11:07]   Soumya : he is unpredictable as said by RJ in latest interview
[11:07]   Kathir : yeah
[11:07]   Shai : yes ITC close abv 336 will begin short covering
[11:07]   Tejpreet : Yes Kathir …guy is unpredictable.
[11:08]   Tejpreet : Soumya ITC was a good pick.
[11:09]   Kathir : Few years back I remember RBI meet was on a setlmnt date and there was Int hike around 11 am..one bnf pe went to 400 from 3 rs 🙂
[11:10]   Tejpreet : Kathir you really keep a track of these Las Vegas type options 🙂
[11:10]   Kathir : 🙂
[11:11]   Kathir : tej one for findings is here now.. the next day after setlmnt date if high is taken after 30 mins or even Ib it gives 80 to 100 points in NF same day..friday also I tested ..past one year 95 % sucess
[11:12]   Kathir : high or low
[11:12]   r m : @TP, maybe they have created a mini Las Vegas in CJB 🙂
[11:12]   Kathir : @RM RK is our head
[11:12]   r m : NF catches Kathir’s enthusiasm 🙂
[11:13]   Shai : back t0 day highs : (10:27) Shai :Buyers are responding at the lows below 8440
[11:13]   RK : why me poor soul Kathir 🙂
[11:14]   r m : @Kathir, you mean RK is the banker! 🙂
[11:14]   Kathir : yeah 🙂
[11:14]   Kathir : @Shai exit bnf around 18870 or wait
[11:15]   Shai : part book
[11:15]   Kathir : ok
[11:15]   Shai : 2nd tgt is 18915
[11:17]   Kathir : Shai Sl same for remaining qty
[11:17]   r m : should be at vwap -few now
[11:18]   Kathir : ok ji thanks
[11:18]   r m : na na! let Shai confirm 😀
[11:18]   Kathir : @RM modi and amith sha both same 🙂
[11:19]   r m : my logic is that if goes below vwap, it may go to PDH and IBL
[11:19]   Shai : Sl is cost just below vwap 🙂
[11:19]   r m : @Kathir, I am like Sambit Patra 🙂
[11:19]   Kathir : 🙂
[11:20]   Kathir : placed SL 18805
[11:22]   Tejpreet : Kathir tht stlmnt theory is indeed a good one.
[11:22]   Tejpreet : Anyonr trading on RKSV … down since morning.
[11:23]   RK : down means, can’t place orders or slow?
[11:23]   Kathir : @tej yeah past one year it was a very good sucess..previous years i didnt notice
[11:24]   Soumya : Thank You @Tejpreet and @Shai
[11:25]   Tejpreet : Rksv no nse connectivity …order can be placed but no prices being shown.
[11:25]   Kathir : @shai can we take or add freshlongs above 18870 bnf?
[11:26]   RK : ok..I was wondering how can orders will be exexuted..@Tejpreet.
[11:26]   RK : Shai Asian booked longs Friday..Is it ok to renenter above day high?
[11:26]   r m : trade connectivity is on a seperate comm channel then quote broadcast
[11:26]   Tejpreet : My 2 orders are executed in morning on rksv …now trading on zerodha.
[11:27]   Tejpreet : Thanks rm for info i wasn’t aware .
[11:27]   r m : often we have delayed quotes but SL triggers on the dot! )
[11:27]   r m : 🙂
[11:27]   r m : welcome
[11:27]   Hemant : Tejpreet you’re on Zerodha NEST or Pi?
[11:28]   Sandeep : shai sir,booked in bnf , reentry at same level
[11:28]   Tejpreet : Zerodha is backup platform …hardly trade …use web one as and when required.
[11:28]   Kathir : @sand 11:19 Shai : Sl is cost just below vwap 🙂
[11:29]   Hemant : Ok ty 🙂
[11:33]   r m : @Shai, what is the view for longs in RELIANCE
[11:45]   Shai : No re- entry
[11:45]   Shai : selling is come back and overhead is pink
[11:46]   Sandeep : thanks sir
[11:47]   Shai : RIL sis strng today
[11:47]   Shai : close abv 892 will keep buyers intersted all week
[11:48]   Shai : tgt around 912/ 920 poistional
[11:48]   Shai : buy all dips to 892 with sl below 885
[11:48]   Naveen : shai, RIL is all cash levels na..
[11:49]   Shai : yes all stocks are cash levels here
[11:49]   Shai : in stocks the vols are better in cash than fut
[11:49]   r m : Thanks Shai
[11:50]   Naveen : thanx shai..
[11:50]   Shai : be back in 15 mins
[11:59]   Varun : rm any ides wht was ib high
[11:59]   Varun : actual traded one
[11:59]   Varun : not a spike one
[12:00]   Varun : profile shows 66
[12:00]   Varun : screen shows 84
[12:07]   r m : @Varun, I had data trouble at open so may have missed few ticks, it is 18870 on my charts 🙁
[12:07]   Varun : no nf i meant
[12:07]   r m : NF is 8472
[12:08]   Varun : screen shows 84
[12:08]   Varun : profile shows 66 i think
[12:09]   r m : BNF knocking at VAH
[12:10]   Varun : even nifty coming back below vah
[12:36]   r m : HUL at 877, first target
[12:37]   Shai : short NF at 8555 sl 8477 tgt 8434/ 8415 aagin
[12:41]   Sreedhar : Sir is it NF 8455?
[12:41]   Sandeep : is it 8555 ?
[12:42]   r m : 8455
[12:44]   Shai : Buy BNF 18750 sl 18710 tgt 18800
[12:46]   Shai : RBI policy tom in NF is fully in price fr 25 bps cut
[12:47]   Shai : at 8454 spot possibility of a 100 point range is still there to 8554/ 8570 spot
[12:47]   Shai : and a drop can bring 8355
[12:48]   Tejpreet : Shai is 8400 put and 8500 call combo worth a try .
[12:49]   Shai : yes can buy though it is expensive here
[12:51]   Tejpreet : Yes true quite expensive.
[12:52]   r m : options will lose premium very fast after the announcement
[12:54]   Pawandeep : @bnf buy now or only above 18750
[12:58]   Shai : buy abv 750
[12:59]   Shai : we are going long in BNF as it has come abv IBL and may come back to vwap which is our tgt
[12:59]   Shai : IN NF we are short cos we came back below IBH and are at vah
[12:59]   Shai : short idea will work below vwap
[13:01]   Shai : 2nd tgt on the BNF will be 18860
[13:01]   Shai : trade safe abv 18770
[13:01]   Tejpreet : 18860 target today id?
[13:01]   Shai : NF has to go below 8455 where those sellers came
[13:01]   Shai : yes intra
[13:02]   Shai : buy is abv 750
[13:02]   Tejpreet : Thanks
[13:03]   Tejpreet : RM incase of lost connectivity which is the best way to refresh AMI charts ?
[13:04]   r m : ?
[13:04]   r m : no connectivity no chart 🙂
[13:05]   Tejpreet : No i mean once connection in restored
[13:05]   Srini A : @Tejpreet There is a reload sysmbol in the top right hand corner
[13:06]   Ashish : Shai, Bharatforg levels please.
[13:08]   Hemant : Shai can initiate a fresh short on NF here? Or closer to npoc?
[13:09]   Shai : Bharat forge 1190 is a good positional stop
[13:09]   r m : @Tejpreet, with GDFL and amicharting as dataprovider, just change of symbol brings back the whole data
[13:09]   Shai : tgt of crrent ove is 1240/1244
[13:10]   Ashish : Thanks Shai
[13:10]   Tejpreet : Srini couldnot locate it ….am using version 5.9
[13:10]   Shai : postentail is to hit 1322
[13:11]   Shai : Hemant short below 8455 only
[13:11]   Hemant : Ok Shai
[13:14]   Tejpreet : Thanks Rrm ..it worked plus also under view option refresh is there.
[13:14]   Tejpreet : Rm.
[13:16]   r m : welcome, also in preference the real time refresh may be kept at 1 second or as desired http://screencast.com/t/HOZmemVoxV
[13:18]   Tejpreet : Mine was 0 should i make it 1.
[13:19]   r m : for GDFL 1 is ok since their own refresh rate is 1second
[13:19]   r m : many other providers are giving 3 or 5 second refresh
[13:28]   Varun : shai wht will be the ib high for nifty ?
[13:40]   Shai : 8466 IBH
[13:41]   Varun : thnaks shai
[13:45]   Pawandeep : thin volume so far
[13:48]   Pawandeep : @ shai is nifty accepted between above YVAH with thin volumes?
[13:48]   Pawandeep : @ shai is nifty accepted above YVAH with thin volumes?
[13:49]   Pawandeep : or accepted above YVAH with time units
[13:53]   Shai : stop taken in BNf long trade- pls exit
[13:53]   Sandeep : nf tgt 8434 ?
[13:53]   Shai : yes NF trade still on
[13:55]   Shai : Pawandeeep for continuation after trend day we look at acceptance abv POC not vah
[13:58]   Rajat : should i short banknifty ?
[14:00]   Shai : 18630 is a supp
[14:01]   Shai : look for a short near 18730
[14:01]   John : Shai,are we now probing towards 8410?
[14:02]   Shai : yes we could see 8415 from here
[14:02]   John : ok thanks
[14:02]   Shai : uneasiness in Nifty is due to the event tom
[14:02]   Shai : last 45 mins today crucial
[14:04]   Naveen : @Shai 8415 ypoc ?
[14:05]   r m : 8418 ywap too
[14:05]   Sreedhar : shai is 8360 poor low?
[14:05]   Tejpreet : Shai views on 19000 BN call at 310 with objective of exiting before rbi meet.
[14:06]   Shai : 8415 yvwap
[14:06]   Shai : yes poc also there at 8410
[14:07]   Shai : Sreedhar 8368 is an anomaly
[14:07]   Sreedhar : ok. thanks
[14:08]   Shai : Tejpreet defer buy to 18580 spot
[14:08]   Hemant : Shai, ok to play for NF 8370?
[14:08]   Tejpreet : Got it.Thanks.
[14:09]   Shai : No hemant 8410 may hold up
[14:09]   Hemant : Right 🙂
[14:09]   Shai : BNF breaking supp
[14:09]   Shai : 18580 can come
[14:10]   Shai : sl on the NF trade is now 8457F
[14:11]   Shai : BNF buyer now responding
[14:11]   Sandeep : any trade in bnf ? or RR not in favour
[14:12]   Shai : Buy BNF aggaressive trdae for 18730 sl of 18620
[14:12]   Shai : aggressive**
[14:13]   Shai : some nice buying at the lows just at 18630 supp
[14:15]   Shai : 18600- 18630 was the pull back zone we pointed out friday
[14:15]   Shai : if it breaks BNF is in trouble
[14:18]   Shai : can exit the NF short trade fully here
[14:23]   Hemant : Shai, for STBT can I short 8300 PE?
[14:23]   Shai : yes you can
[14:23]   Hemant : Got it
[14:24]   Shai : more likely a finish at 8455 today
[14:24]   Sreedhar : but premium in options are bit on higher side.. right Shai
[14:27]   Shai : ye they are
[14:28]   Shai : that will erode from tom
[14:28]   Shai : is high cos of event
[14:28]   Sreedhar : ok..
[14:31]   Naveen : now nf Friday’s HVN 8455 resisting ? @shai
[14:35]   Sandeep : shai you mean 25 bps cut market not going anywhere ?
[14:39]   Shai : It’s in the price but the tone for the nxt cut is what the mkt will react to
[14:40]   Sandeep : okay
[14:40]   Shai : Naveen today’s profile is rotational and hence vwap = dpoc= daycenter and price may come back there
[14:40]   Sandeep : holding bnf longs
[14:40]   Shai : that’s why this – (14:24) Shai :more likely a finish at 8455 today
[14:45]   Kathir : BNF VWAP ?
[14:47]   r m : 18765 approx
[14:48]   Kathir : OK THANKS
[14:50]   r m : any plans to close BNF at vwap Kathir? 🙂
[14:50]   Kathir : yeah trying my level best sir 🙂
[14:50]   r m : ok, thanks
[14:51]   Kathir : @RM but it is in the hans of DD challengers 🙂
[14:52]   r m : poor DD challengers 🙂
[14:53]   r m : SBIN is going down to keep BNF in check
[14:53]   RK : Axis started well in advance RM
[14:53]   r m : 🙂
[14:53]   r m : leader is AXIS
[14:53]   RK : always in recent times
[14:54]   Vikkas C : all the banks are looking weak wonder whats in store for tomo
[14:54]   r m : yep, earlier Kathir used to lead sitting on Yes Bank 🙂
[14:54]   RK : it has become a elephant bell..announces BNF moves little early 🙂
[14:54]   r m : lol
[14:55]   Kathir : 🙂 even today morning yesbank was up around 1.5% now down 0.30 %
[14:56]   r m : ok
[14:56]   Kathir : @RM now I am works with reducing petrol prices 🙂 short usd/inr with 64.06 SL
[14:57]   Shai : exit the BNF trade here – near cost.
[15:02]   r m : Good – “Kathir in the service of the nation” 🙂
[15:02]   Kathir : 🙂
[15:03]   Kathir : @shai shall we take longs in bnf based on 18580 spot
[15:03]   Varun : shai being in value for so long, a move to ppoc nt pending
[15:03]   Varun : ?
[15:07]   Kathir : still no premium in NF bnf has 30 -40
[15:09]   Shai : Kathir strict sl below 15575
[15:09]   Shai : can drop to 18440 if broken
[15:09]   Shai : spot
[15:10]   Hemant : Shai, what would be the target for 8300 PE ?
[15:10]   Shai : Varun not necessay price chose to repair the spike and new value created
[15:10]   Kathir : ok thanks shai
[15:10]   Varun : so tht tells about strength
[15:10]   Varun : as spike held
[15:11]   Shai : yes + value created higher
[15:11]   Varun : hmmm
[15:12]   Varun : ne we havea tail aslo in profile, although small. missing since morning
[15:12]   Varun : nw
[15:12]   Shai : 8300 pe tgt is 72 tom and then 49 for shorts
[15:12]   Hemant : Ty Shai
[15:13]   Tejpreet : Shai can 19000 call be brought now at closing .
[15:14]   Shai : Tejpreet sl given for tom above
[15:14]   Sandeep : 8300 put target ? could not understand
[15:14]   r m : HUL at 883.50!
[15:14]   Sandeep : 49 for shorts ?
[15:14]   Shai : 18900 1st tgt if sl holds in BN
[15:15]   Shai : Sandeep 8300 put written
[15:15]   Naveen : @shai if we close near IBL? what are clues
[15:15]   Shai : Overall still bullish Naveen but a mkt in wait mode
[15:16]   Pawandeep : @ shai anomaly at 8440 is repaired ?
[15:16]   Tejpreet : Ok will take only 50% 19000 call now.
[15:16]   Shai : vol only 70L today so half of the traders not committed
[15:16]   Shai : yes 8440 repaired well
[15:16]   Shai : an avg trading day is about 110- 140L
[15:17]   Shai : Fri was 170 L in volumes
[15:17]   Shai : so don’t read too much into today- can say it is a pause mode till RR speaks
[15:18]   Shai : There is a correction required in the value area option sheet- will update regularly from tom
[15:18]   Hemant : Shai, is it wise to close all positions as of now & let the event pass?
[15:19]   Shai : oh yes 🙂
[15:19]   Shai : see the particpation is not there yet from expiry day
[15:20]   Shai : tom it should come
[15:20]   Tejpreet : Iinfact after the event also to wait sometimes for clear lvl to emerge under guidance from Shai.
[15:20]   Shai : true- event volatilty is there
[15:20]   Hemant : Got it Shai, even though Vix & other things look subdued, I dont think it’ll be a good idea to do make a long short of things here 🙂
[15:21]   Shai : a push up higher today near to 8530 spot would have made a easy case for some shorts for tom
[15:21]   Shai : but here it is very iffy
[15:22]   Shai : closing near lows is making it neutral extreme
[15:24]   Hemant : This should do I suppose, 8300 PE short at 92, 8600 CE short at 86
[15:29]   Pawandeep : @shai can we consider anomoly bnf@18994
[15:29]   Pawandeep : @18694
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Hemant : Tomorrow is almost here 🙂 Have a great day folks!
[15:30]   RK : thanks and bye all
[15:30]   Tejpreet : Bye All.
[15:30]   John : Thanks and bye all 🙂
[15:30]   Shai : yes 18692 anomaly
[15:30]   Vikkas C : Thanks and bye all
[15:30]   Shai : neutral extreme close NF
[15:30]   Ashish : Bye all
[15:31]   Moses : Bye all
[15:31]   Shai : easy ref pre RBI tom
[15:31]   Sudhakar : bye a;;
[15:31]   Shai : short below current day low and long abv it tom
[15:31]   Shai : Bye all
[15:31]   Shai : Have a ncie evening
[15:31]   Pawandeep : GOOD BYE all
[15:31]   Kathir : Thanks and bye all
[15:31]   Srini A : Thanks Shai, I found this session very useful
[15:32]   Porus : BYE ALL
[15:35]   Sandeep : bye
[15:37]   Kiran : bye all , today is first day for me here , bit confused as i dont know any thing about market profile concepts , but yes , in future this will give me the best results for me also .. Thank you Shai
[15:49]   Naveen : we have HVN @ 8455 & POC @ 8415 on Friday, how can we read this
[15:51]   Shai : POC of previous day can stay for some time
[15:51]   Shai : bias is long abv 8455 dpoc tom