OrderFlow charts and Notes 04/06

[08:37]   r m : Good Morning folks!
[08:38]   r m : http://vtrender.com/levels-and-plan-for-4th-june/
[08:38]   r m : http://vtrender.com/options-vas-for-0306/
[08:38]   r m : http://vtrender.com/profile-charts-dt-030615/
[08:38]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-0306/
[08:38]   r m : Nifty JUN Future levels| Key Reference Area 8107| Hypo1 below 8107➜8067➜8014 SL 8166| Hypo2 above 8194➜8234➜8305 SL 8166
[08:38]   r m : Banknifty JUN Future levels| KRA 17810| Hypo1 above 17810➜17905➜18029 SL 17720| Hypo2 below 17660➜17540➜17310 SL 17776
[08:40]   Porus : GM RM and all
[08:40]   r m : Hi Porus
[08:52]   Hemant : GM folks
[08:53]   Tejpreet : GM All.
[08:58]   Sudhakar : GM All
[08:58]   Shai : GM all
[08:58]   John : GM all
[09:00]   Srini A : Hi, GM All
[09:01]   Vikkas C : GM all
[09:03]   Venkatesan : gm shai, rm and friends
[09:03]   Sharad : GM all
[09:04]   Suyash : GM everyone
[09:05]   Soumya : Good Morning friends
[09:07]   r m : Hi Venkatesan
[09:07]   r m : looks like Open Drive in USDINR
[09:07]   Varun : p or down
[09:07]   Varun : up or down
[09:08]   r m : Up
[09:08]   Varun : spike giving up in sgx
[09:08]   Varun : looks low will go
[09:09]   Pawandeep : GM Shai,rm & Friends
[09:09]   r m : Hi Pawandeep
[09:09]   r m : USDINR http://screencast.com/t/H1Zwumfft55S
[09:10]   Ashish : GM all
[09:10]   Sandeep : GM everyone
[09:10]   Chetan : gm all
[09:11]   Venkatesan : rm gap up expected
[09:11]   r m : looks unlikely or may be sell at open with Open = High 🙂
[09:12]   Venkatesan : thank u
[09:12]   r m : @Venkatesan, just speculation, don’t take me seriously 🙂
[09:12]   Chetan : great learning experiance yesterday
[09:12]   Venkatesan : got it
[09:13]   Venkatesan : rm 🙂
[09:13]   Chetan : looking for 1 more great day of learnings
[09:13]   Moses : GM All
[09:13]   Venkatesan : chetan new to room or trading?
[09:17]   Shai : 8168- 8170 was where the seller entered yesterday afternoon
[09:18]   Shai : 8110- 8118 was a buy counter
[09:18]   Shai : open ib value and range after 2 sessions
[09:18]   Shai : so more bias from yesterday afternoon than anything new here
[09:19]   Shai : IN BNF 17810 is where those early buyers gave up yesterday
[09:19]   Shai : that is our kra today
[09:20]   Kathir : Hi Shai RM and all friens
[09:20]   r m : Hi Kathir
[09:22]   Shai : NF is seiing buyers
[09:23]   Sandeep : the market chart showing delayed values
[09:23]   Pawandeep : Hangseng from +120 now- 450
[09:23]   Sandeep : is this the problem at my end
[09:24]   Vikkas C : shai is infy a good buy at current lvls
[09:24]   Shai : what quotes are you seeing?
[09:24]   Shai : 8155
[09:25]   Sandeep : now nf at 8154
[09:26]   Shai : infy looking good this morning
[09:26]   Shai : intra day res at 2061/ 63
[09:26]   Shai : But this open is promising
[09:27]   Sandeep : difference with nse site
[09:27]   Chetan : in nifty open view?
[09:27]   Srini A : China down nearly 2% – may be +ve for us 🙂
[09:27]   Shai : close abv 2065 will set it up for 2100
[09:27]   Vikkas C : ok thanx shai
[09:28]   Soumya : what could be the stop for infy?
[09:28]   Shai : Sandeep if it is one point here n there it is fine as our charts work on uptick/ down tck rather than ltp as last price
[09:29]   Sandeep : no looks more then that
[09:29]   Sandeep : even my message taking quite some time to get across
[09:30]   Chetan : turning pink bank nifty
[09:30]   Shai : 1996 is the best stop from here but we get a confirmatio of a positionall long abv 2104
[09:31]   Shai : intra day sl is 2023
[09:31]   Shai : for infy
[09:31]   Soumya : thank you shai
[09:31]   Shai : Sandeep looks fine here- suggest you change beween browsers
[09:32]   Venkatesan : we face no issues shai
[09:33]   Vikkas C : shai any views on hul as 8212 also breached ?
[09:33]   Sandeep : okay
[09:33]   Vikkas C : 821*
[09:33]   Sandeep : must be at my end
[09:34]   Shai : Sell NF 8135 – 8130 sl of 8170 tgt 8100/ 8067
[09:35]   Shai : Hindunilvr was expecting 821 cash to come today..hold longs if any at 815
[09:35]   Shai : if it does not bounce 815/820 longs are off
[09:38]   Chetan : bn?
[09:40]   Vikkas C : ok thanx
[09:40]   Shai : BNF weakness below 17650
[09:40]   Shai : but wait
[09:42]   Chetan : ok
[09:47]   Hemant : Shai, whats the target for short on 8200 CE ?
[09:49]   Hemant : Short on NF is on
[09:52]   Shai : Positional sl is 160 on that 1 8200 ce
[09:52]   Shai : 104 was 1 obj which it has met
[09:53]   Shai : intra day has t break past 94 for more weakness / 131 sl on closing basis if 94 does not break
[09:53]   Hemant : Went short on it at 118, didnt cover at 104
[09:53]   Kathir : even now it is 104 only
[09:54]   Shai : it’s dropped quite a bit from 332
[09:54]   Shai : 3 sessions 332 to 115
[09:55]   Kathir : @hemant it nf goes to 8065 today ur ce will be 79
[09:55]   Shai : those early positinals will keep sl at 160
[09:55]   Hemant : That’ll be great Kathir, Ty Shai 🙂
[09:56]   Chetan : what is delta of 8100 ce
[09:56]   Kathir : @hemant welcome 🙂
[09:57]   Shai : deltas uploaded yesterday in the option sheet
[09:57]   Shai : won’t change much at this open
[09:57]   Chetan : ok i ll check
[09:58]   r m : delta for 8100CE from Option calc PE 0.509, CE -4.491
[09:58]   Kathir : @RM any big change in MO yest EOD
[09:59]   r m : it was at -54
[09:59]   r m : yesterday Index fell on very high volumes
[10:00]   r m : cash volumes I mean
[10:00]   Kathir : @RM ok thanks
[10:00]   Shai : saw that RM – what was that cash fig?
[10:00]   Ashish : Shai, views on Cipla longs?
[10:02]   r m : Nifty volumes were 1723482 yesterday
[10:02]   Shai : hll does that 821
[10:03]   r m : 1723482496
[10:03]   r m : last higher figure was 1937123200 on 9th Jun 2014
[10:03]   Vikkas C : yeah..
[10:03]   Vikkas C : stuck in longs 🙁
[10:03]   Vikkas C : bought @ 851
[10:04]   Kathir : @shai usd/inr did 64.54 what next lvt and support now?
[10:04]   Shai : cipla has good supp at 631/ 32
[10:04]   Pawandeep : @ shai breakout lvl of nifty 8168 & 8104 ?
[10:05]   Shai : but price needs to cross 644 today
[10:05]   Shai : weekly close abv 664 will give lots of momentum next week
[10:05]   Ashish : Thanks Shai.
[10:06]   Shai : don’t be long if 630 breaks
[10:06]   Shai : Yes Pawandeep value areas
[10:07]   Shai : Yes HLL was a good breakout and we had tracked it here for initial tgt of 886 but coming below 851 was bad
[10:09]   Vikkas C : yeah..
[10:11]   John : Shai ,Is BNF finding responsive buyers at this level?
[10:13]   Shai : yes
[10:13]   Shai : BNF buyers could do 17785
[10:13]   Shai : sl below 17690
[10:13]   John : ok Shai,Thanks!
[10:14]   Kathir : @shai – 10:12 r m: what about this – I have observed that taking a position close to KRA at open gives good trade, e.g., Short at KRA today with stop at KRA + 20 in BNF and long in NF with stop at KRA – 10 in NF would have given 80 and 30 points.
[10:14]   r m : @Kathir, I thought it was your observation 🙂
[10:15]   Kathir : yeah
[10:15]   r m : Thanks for false credit 🙂
[10:15]   Shai : good obs 🙂
[10:16]   Shai : (09:17) Shai :8168- 8170 was where the seller entered yesterday afternoon
[10:16]   Shai : (09:18) Shai :8110- 8118 was a buy counter
[10:16]   Shai : (09:18) Shai :so more bias from yesterday afternoon than anything new here
[10:16]   Shai : Let’s see post 10.45 if anything changes
[10:17]   Shai : other wise it will be a quiet morning even early afternoon till 2
[10:18]   Pawandeep : @SHAI no otf & locals are working till now
[10:20]   Kathir : @shai usd/inr did 64.54 what next lvt and support now?
[10:20]   Pawandeep : @shai today auction is OAIR?
[10:22]   Shai : vix has crossed 17.58 res
[10:22]   Shai : can rise to 19.25
[10:24]   Shai : Kathir keep watching 64.55 it is abig level
[10:24]   Shai : opens up 64.88 immedaitely and later 65.66 if we close abv today
[10:25]   Shai : sl is 64.34 now on all intra longs
[10:25]   Kathir : ok shai thanks
[10:26]   Kathir : Shai u mean close above 64.55 or 64.88? opens 65.66?
[10:27]   John : done with BNF trade Shai,!7785! Thanks!
[10:28]   Shai : close abv 64.55
[10:28]   Kathir : ok
[10:28]   Shai : welcome John 🙂
[10:30]   Chetan : as you expected bn moving up
[10:30]   Soumya : big creen candle
[10:33]   Chetan : bn moved up as you expected shai
[10:33]   Venkatesan : yes that big green comes just close to vwap
[10:33]   Venkatesan : price comes close to vwap
[10:34]   Chetan : ib broken any trades
[10:35]   Venkatesan : every 5mt bar from 955 is in green
[10:38]   Hemant : Nifty seems to be on its belly today dancing wild
[10:39]   Shai : Sell BNF 17785 sl 17835 tgt 17690
[10:39]   Naveen : SHAI, u tweeted OAIR and after many days in value, what does that mean
[10:40]   Shai : It means no change in sentiment from afternoon yesterday
[10:40]   Shai : OAIR- http://vtrender.com/glossary/open/
[10:41]   Pawandeep : no means still berish
[10:42]   Pawandeep : this means still berish
[10:44]   Shai : yes market has to cross VAH for a bullish bias no?
[10:44]   Shai : right now it is sideways in value
[10:44]   Shai : same as yesterday late afternoon
[10:45]   Pawandeep : got it
[10:45]   Pawandeep : can i add short @8160
[10:46]   Shai : add below vwap
[10:46]   Shai : or the pink
[10:47]   Pawandeep : okey
[10:50]   Sharad : Shai FA in both if we go to IBL
[10:50]   Shai : uyes potential FA’s
[10:50]   Sharad : ok
[10:51]   Shai : Book 50% BNF at vwap- bal at cost
[10:51]   Kathir : @sharad quiet with ur inr blasting 🙂
[10:52]   Sharad : yes kathir 64.90 can come but no position right now
[10:52]   Sharad : was out for few days
[10:53]   Kathir : ok
[10:55]   Kathir : @sharad shai said 64.55 is a big resi and if close above then immediate trgt 64.88 and 65.66
[11:00]   Sharad : yes read that… but opened gap up and not right place to initiate trade
[11:00]   Kathir : yeah right
[11:01]   Vikkas C : shai ..amny views on tech mahindra
[11:04]   Kathir : @RM yest FII data?
[11:07]   Varun : any change in mo ?
[11:07]   Varun : rm ?
[11:07]   r m : tech mahindra target was given at 554-558 yesterday, reached there
[11:08]   Vikkas C : thanx RM
[11:10]   Kathir : @varun – 09:59 r m: it was at -54
[11:11]   r m : they sold everything 🙂
[11:11]   Kathir : ok
[11:15]   r m : http://vtrender.com/wp-content/uploads/2015/06/fiioi2.png
[11:15]   Varun : thanks
[11:15]   r m : mostly liquidated index longs yesterday while selling in cash and adding long index PE
[11:16]   Kathir : ok thanks
[11:18]   r m : I am getting late msgs so my responses will be late 🙁
[11:20]   Sandeep : any links to the definition of scalping day
[11:47]   r m : Signing out guys, no messages reaching me now, guess bandwidth issues 🙁
[11:50]   Shai : techm cross of 559 today/ tom can take it up to 570
[11:50]   Vikkas C : thanx shai
[11:51]   Shai : Sandeep within value areas generally you buy at VAL and sell at VAH
[11:51]   Shai : when it moves out from val or vah it trends
[11:51]   Shai : like yesterday and day before
[12:02]   Vikkas C : what a boring day
[12:03]   Pawandeep : @ shai when developing vwap comes into play
[12:04]   Chetan : 2 trend day follow up like this
[12:06]   Shai : sellers
[12:06]   Shai : devloping vwap always in play for coming session
[12:07]   Shai : BNF reached full objective
[12:07]   Shai : This 1 – (10:39) Shai :Sell BNF 17785 sl 17835 tgt 17690
[12:07]   Shai : NF we are still short on day
[12:10]   Ashish : More shorts to be added at VWAP in NF?
[12:10]   Ashish : Shai?
[12:11]   Shai : Yes can short
[12:12]   Shai : I’m looking for a break below 8107 today
[12:12]   Ashish : OK, will put some short orders below 8107 also 🙂
[12:12]   John : As per hypo,can we short below 8107?
[12:13]   Chetan : i think so
[12:14]   John : ok
[12:16]   Shai : yes
[12:16]   John : ok shai, thanks
[12:17]   Shai : this morning the buyers’s job was to push the market higher
[12:17]   Shai : if he has failed to do that the market is going lower
[12:21]   Ashish : Shai, 8122 is a seller?
[12:22]   Shai : yes 8122 12.05 candle
[12:22]   Ashish : Thanks.
[12:23]   Tejpreet : Shai positional view on ICICI BANK.
[12:27]   Shai : icic bank weak below 294 can drop to 276
[12:27]   Shai : not looking at longs till 294 s taken back again
[12:28]   Shai : even then 306 will resist as it was prev supp now res
[12:39]   Vikkas C : shai can a short in NF be taken with the brk of IBL
[12:41]   Tejpreet : Looks like icici in prolonged downtrend.Thanks.
[12:41]   Hemant : Charts not updating Shai
[12:43]   Chetan : hi
[12:43]   Sreedhar : hi
[12:44]   Shai : test
[12:44]   Shai : charts are live?
[12:45]   Hemant : Now thery are almost.. connection woes?
[12:45]   Ashish : Updating on my side
[12:45]   Shai : yes hit with a connection issue
[12:45]   Shai : ok
[12:45]   Chetan : charts not loading
[12:48]   Shai : should be alright now
[12:50]   Ashish : Shai, price is getting rejecting from VWAP in last hour. is this a confirmation that sellers are in more control here?
[12:51]   Shai : Not a big confirmation since vol is uner 45 L now
[12:52]   Shai : under*
[12:52]   Shai : It should have been over 60L by 1 pm
[12:52]   Shai : so big players are not in yet
[12:52]   Ashish : OK, got it…thanks
[12:52]   Shai : but as pointed out it was upto the buyer to respond at these prices
[12:53]   Shai : since he is not coming in strongly the path of least resistance remains down
[12:54]   Ashish : yes buyera are low on conviction here..
[12:54]   Ashish : buyers*
[12:56]   Ashish : 8107 🙂
[12:56]   Chetan : hypo 1 can take short here
[12:57]   Shai : No wait
[12:57]   Shai : let it go below
[12:58]   Hemant : Shai safe buy for a PE ?
[12:59]   Shai : can buy a PE but now move may be tom only
[12:59]   Shai : or in last one hour
[12:59]   Hemant : Ok Shai
[12:59]   Sreedhar : was that a big buyer at 8106
[13:00]   Hemant : Volume is still quite low
[13:01]   Shai : No was not a buyer
[13:01]   Sreedhar : ok..
[13:01]   Shai : take that sell below here
[13:01]   Shai : Now we see red
[13:01]   Ashish : Shai, OTF entering here?
[13:05]   Shai : yes biggest vol of the day enetring
[13:05]   Shai : profile is neutral now
[13:05]   Shai : extreme is play
[13:05]   Ashish : ok
[13:05]   Shai : sl is now vwap + filter
[13:07]   Sreedhar : can reverse be expected at 8087
[13:07]   Shai : close 50% NF here move sl to 8114
[13:08]   Suyash : prudent to buy some calls if price nears around 8070?
[13:10]   Shai : yes
[13:10]   Shai : go with 50% qty
[13:10]   Suyash : ok
[13:10]   Shai : and we will look again at closing hour
[13:11]   Shai : remeber I was mentioning a move lower yesterday afternoon if we did not see 8067 yesterday?
[13:11]   Shai : Same auction now
[13:11]   Tejpreet : ok 50% 8200 call in at 88.
[13:11]   Shai : we get a close at lows then high prob shot at calls for friday afternoon rally or mon
[13:12]   Suyash : i see
[13:12]   Venkatesan : then can accumulate nf here shai
[13:13]   Shai : wait for price conf or OF to cnfirm
[13:14]   Hemant : Can hold on to 8200 CE short Shai?
[13:14]   Shai : there is time in this auction
[13:14]   Venkatesan : ok
[13:15]   Shai : hemant see if its stays below 95 tsl
[13:16]   Shai : short trade matures
[13:17]   Shai : (09:34) Shai :Sell NF 8135 – 8130 sl of 8170 tgt 8100/ 8067
[13:17]   Hemant : Got it Shai
[13:17]   Ashish : Thanks Shai for the trade 🙂
[13:19]   Hemant : And target for 8100 PE is ?
[13:20]   Shai : Now below 8067 hypo only
[13:20]   Shai : 8014 F
[13:21]   Shai : we will see if this seller climbs abck at 8100 again
[13:21]   Ashish : Shai plz refresh NF tick chart.
[13:21]   Shai : lots of sellers below 8100
[13:21]   Ashish : 8068 is a seller….
[13:22]   Shai : yes lows are not secure again
[13:22]   Hemant : Volume 64 L
[13:25]   Vikkas C : SHAI at what lvls can new shorts be open now
[13:26]   Shai : in NF
[13:27]   Hemant : Ditto question Vikkas
[13:27]   Shai : short below 8060 sl of 8103 tgt 8014
[13:27]   Vikkas C : yes
[13:27]   Shai : Is a higher risk but short below 8060F only
[13:27]   Vikkas C : ok
[13:35]   Hemant : Buyers responded, hope they have the conviction. News from possible Greece rescue too has started doing rounds.
[13:35]   Shai : test is at 8104
[13:35]   Shai : easy buy in NF is abv 8112 for 8135 sl of 8097
[13:36]   Shai : below 8104 it still is with the seller
[13:37]   Ashish : Are charts updating?? anyone..
[13:38]   Shai : there is a pause- one sec please
[13:38]   Sreedhar : ok..
[13:43]   Shai : regret the trouble
[13:43]   Shai : some connection issues..
[13:43]   Shai : should be sorted now for good
[13:44]   Tejpreet : Global mkts are in bad shape …Greece news is still creating panic…..am not sure about buyer conviction ..but my conviction on 8200 call is gone .:)
[13:46]   Tejpreet : Shai will a tight sl of 78 be ok on it.
[13:48]   Shai : 8200 supp on chart is at 68
[13:48]   Shai : I suggested buys near close as day has potential to close at lows in a neutral exxtreme
[13:49]   Ashish : Shai, HDFC longs can be initiated now?
[13:49]   Shai : if we cross IBL now that trdae is safe and day is neutral center
[13:49]   Shai : but good also as long as 8060 does not break
[13:49]   Tejpreet : Original trade was buy 50 % at 88 50% at 75 and sl 60.
[13:49]   Shai : the use 8060 as ref
[13:49]   Shai : last hour in a neutral ext we can drop to 8014 if 8060 goes
[13:50]   Tejpreet : But now second at 75 is out os system 🙂
[13:50]   Tejpreet : of
[13:50]   Chetan : vwap NF??
[13:51]   Tejpreet : Thanks will keep an eye on 8060.
[13:51]   Shai : Ashish it is aggressive here, price is holding the support we spoke of but has lots of work to do
[13:52]   Shai : trade gets safer abv 1207
[13:52]   Shai : positional sl is 1178 is you are initiating here
[13:53]   Ashish : OK Shai, will see that one @ closing. Thanks a lot.
[13:54]   Tejpreet : Greece update http://www.marketwatch.com/story/greeces-tsipras-rebuffs-deal-proposal-from-lenders-2015-06-04?siteid=bigcharts&dist=bigcharts
[13:56]   Chetan : CAN GO CONTRA LONG NF??
[13:59]   Chetan : VWAP not displaying
[13:59]   Varun : is f period a poor low @shai
[13:59]   Varun : it was a two tpo tail in morning
[14:00]   Shai : Chetan strict sl 8055
[14:01]   Chetan : ok
[14:01]   Shai : tgt 8110/ 8135
[14:01]   Shai : Varun F is a failed auction
[14:01]   Shai : now confirmed
[14:01]   Varun : but with one tpo
[14:01]   Varun : abv it, makes it a poor high
[14:02]   Varun : read poor high
[14:02]   Chetan : is it DD in formation mp
[14:02]   Sharad : so Shai FA confirm now ?
[14:02]   Vikkas C : I may be wrong but can anyone confirm positive divergence on 30 mins for NF and BNF both ..?
[14:04]   Varun : no shai i meant the f period doesnt have a tail, so doesnt tht make it a poor high
[14:04]   Shai : Yes Sharad FA at 8165
[14:04]   Varun : but in morning it was a two tpo
[14:04]   Varun : hs thr been an adjustmeny
[14:04]   Sharad : ok so we may visit in next 5 days
[14:04]   Chetan : vwap nifty any1 tell
[14:05]   Shai : Varun FA is always a tail
[14:05]   Shai : rejection
[14:05]   Vikkas C : i may be wrong but can anyone see positive divergence
[14:05]   Varun : nw a tail is thr
[14:05]   Shai : diff letter size
[14:05]   Shai : but FA means rejection
[14:06]   Shai : 2 tpos will come if more than 30 mins abv IB
[14:06]   Varun : so normally whts the size which should eb fixed for a fair valuation of a poor high/low
[14:06]   Shai : I trade with 2 points but when range is big 4 is good
[14:06]   Varun : no i meant f period had 2 ticks abv it
[14:06]   Shai : ideally it should be 1 point
[14:06]   Varun : but 1 will nt tell poorhighs/lows
[14:06]   Shai : No 8156 was IB
[14:06]   Shai : oh ok
[14:06]   Varun : cos exact same lows are nt made
[14:07]   Shai : get your point
[14:07]   Shai : but if we zoom in it’s not there
[14:07]   Varun : nw the profile doesnt show a poor high
[14:07]   Varun : 🙂
[14:13]   r m : we got a lonely letter up there – http://screencast.com/t/6bXoOlvU
[14:13]   r m : 🙂
[14:13]   Kathir : @shai what next level after 8065
[14:14]   r m : when will these guys be satisfied, always asking for more like Oliver Twist 😀
[14:14]   Ashish : Rm 🙂
[14:15]   Ashish : Shai, Plz refresh NF tick chart.
[14:15]   Chetan : vwap nifty ??
[14:16]   Ashish : Chetan, Nifty bulls are trying to show VWAP on the chart 🙂
[14:16]   r m : 8114 on my chart, e & o e 🙂
[14:16]   Hemant : RM the image link you shared, was no trade conducted at 8100?
[14:17]   r m : there are single prints at 8100
[14:17]   r m : I don’t have tick data so can’t confirm about absence or otherwise of trade
[14:17]   r m : using poor man’s esignal – extracted data from NEST 😀
[14:21]   r m : MO at -57 right now
[14:22]   Kathir : thanks RM
[14:23]   r m : welcome
[14:23]   Kathir : @shai can we exit all shorts positional here or trail SL
[14:23]   Kathir : stocks I mean
[14:23]   Varun : rm kris says mo at 90 levels
[14:23]   Varun : cn u confirm
[14:24]   Shai : Yes kathir book some
[14:24]   Kathir : ok shai thanks
[14:24]   r m : @Varun, he must have checked the intraday adv/dec earlier when everything was on sale, i have checked just now after this bounce 🙂
[14:26]   Varun : whts mo now ?
[14:26]   Varun : cool -57
[14:27]   Varun : gt it
[14:27]   Shai : data refreshed
[14:27]   r m : -57
[14:27]   Shai : buyers are seen
[14:27]   Ashish : Thanks Shai
[14:29]   Shai : By NF tgt 8135
[14:30]   Shai : shot up
[14:30]   Shai : avoid now
[14:30]   Varun : hw abt a fa revisit
[14:30]   Chetan : contra worked shai
[14:30]   Varun : we r back in value
[14:30]   Chetan : tks for levels
[14:30]   Ashish : Chetan, you got your VWAP now 🙂
[14:31]   Chetan : VWAP comes to play now
[14:31]   Chetan : waiting
[14:33]   Shai : can do day high
[14:33]   Shai : Buy NF for 8165 sl of 8107
[14:35]   Shai : Keep sl at 8101.
[14:37]   Shai : move can go to 8192 also by tom or close today
[14:37]   Shai : 8080 F has some big buyng
[14:38]   Ashish : Shai, is this considered to be trend change if we manage to close in +ve today?
[14:39]   Venkatesan : shai, nifty spot monthly reisistance pl?
[14:40]   Venkatesan : i have shorted 8300call
[14:40]   Shai : trend dchange if we close abv vah
[14:41]   Shai : monthly res?
[14:41]   Venkatesan : yes
[14:41]   Venkatesan : june expiry
[14:41]   Ashish : Thanks
[14:41]   Shai : 8274 spot res
[14:41]   Venkatesan : thank you
[14:43]   Tejpreet : Shai save by your SL. (13:48) Shai :8200 supp on chart is at 68
[14:43]   Tejpreet : Thanks.
[14:43]   Shai : 8152
[14:43]   Shai : Bring sl to 8117 on the NF long
[14:44]   Kathir : SHAI EXIT ALL LONGS NF OR TRAIL
[14:44]   Kathir : got it
[14:44]   Shai : one more spike left but can book 50% longs
[14:50]   Hemant : 🙂
[14:50]   Sharad : Shai book longs ? fully
[14:51]   Shai : book all longs
[14:51]   Sharad : ok
[14:52]   Shai : 8192 tom
[14:53]   Shai : BNF wants t take it higher
[14:53]   Kathir : @shai 8192 possible today?
[14:54]   Shai : agg long abv 8166 again tgt 8192 sl of 8151
[14:54]   Tejpreet : In case BN sustains above VAH …positional 18000 call can be taken.
[14:54]   Shai : close abv 17840 tgt 1 18058F and 18300 F
[14:55]   r m : @Kathir, having another bite at KRA in BNF? 🙂
[14:55]   Tejpreet : Got it.Thanks.
[14:56]   Kathir : @not this time this is 4th attempt 🙂
[14:56]   r m : ok 🙂
[14:57]   Hemant : BTST can be 18000 CE call
[14:57]   Hemant : ?
[14:58]   Shai : No
[14:59]   Shai : price is not confirming
[14:59]   Varun : shai a noce trade developed, if we see a poor low after 1.30/2. means exhaustion contra trade one with days extreme as stop
[14:59]   Varun : wht say
[14:59]   Varun : nice
[15:00]   Hemant : Ok Shai
[15:00]   Shai : Varun neutral center
[15:00]   Shai : Mkt is saying stay off imediate bias
[15:01]   Shai : don’t see spot crossing 8260 again to be honest
[15:02]   Varun : k
[15:04]   Sandeep : spot not crossing 8260 till when
[15:06]   r m : @Varun, can you explain how it is poor low, there are single prints at bottom, two periods have traded after that and price has gone back to developing value?
[15:06]   r m : http://screencast.com/t/B3RfK1hJ295
[15:06]   Shai : this series
[15:06]   Varun : i have always seen profile posted by shai with a 4 point tpo
[15:06]   Shai : closing basis
[15:06]   Varun : to calculate
[15:06]   Varun : ph.pl
[15:06]   r m : ok
[15:06]   Shai : intra day 8290 spot can be seen
[15:07]   Varun : nw when he will adjust it to 4 , u will see it
[15:07]   Varun : shai cn u do it to 4
[15:08]   r m : here is a 4 pointer 🙂 http://screencast.com/t/wtPnx9oZFC
[15:08]   Sandeep : okay
[15:09]   Varun : see yesterday also
[15:09]   Varun : i was sure its a poor, and we got a viit today
[15:09]   Varun : visit
[15:10]   r m : ok
[15:10]   Varun : and when we hve exponenetial like 2-3 days
[15:10]   Varun : a big move in tht direction await
[15:10]   Varun : so get ready fr a boom
[15:10]   r m : roger, thanks
[15:11]   Varun : 🙂
[15:15]   Kathir : @RM – roger – message received and understood (a response to radio communications).
[15:15]   Kathir : was wondering why roger is coming here 🙂
[15:15]   r m : yeah 🙂
[15:16]   r m : used walkie talkie for too long at airports, got in the blood 😀
[15:16]   Kathir : roger
[15:16]   r m : lol
[15:16]   Kathir : 🙂
[15:16]   Shai : NF flatlines at dpoc
[15:17]   Kathir : @shai any BTST
[15:17]   r m : MO has gone to a sedate -43, it is giving chance to Varun to have his way 🙂
[15:17]   Shai : one visiit up and then down again is the more preferred play here
[15:17]   Shai : on spot 8173 is first res tom
[15:17]   Kathir : @shai means 8230 will resist first?
[15:17]   Shai : big res at 8262 for the trend
[15:18]   Kathir : ok
[15:18]   Shai : BN 18840 spot 1st res
[15:19]   Shai : trend res at 18040 and 18160 spot
[15:21]   Kathir : @RM thank god you was naot a pilot..dificult for us 🙂
[15:21]   Varun : 🙂
[15:22]   Kathir : @shai gap up possible ?
[15:23]   Shai : no remote
[15:23]   r m : @Kathir 🙂
[15:23]   Sharad : and gap down ?
[15:23]   Kathir : ok shai
[15:24]   Kathir : @normally these guys will break barriers by gap 🙂
[15:24]   Shai : that also look diff- mkt is in accepted value 2 days
[15:24]   Sharad : ok
[15:25]   Kathir : @shai shall we think that tommorrows close will decide things for rest of the month
[15:26]   Shai : ys
[15:26]   Shai : weekly close imp
[15:26]   Kathir : ok shai
[15:26]   Shai : broad range set 8000- 8300
[15:27]   Srini A : @Shai, Shall I hold on HUL longs?
[15:27]   Kathir : @chetan – hope you went long near lows – you are the one who asked for contra trade
[15:28]   Shai : yes can hold hul – we will give it 1 more day tom to bounce
[15:28]   Shai : sl below 815
[15:28]   Srini A : Sure, Thanks
[15:28]   Venkatesan : thank u shai, rm and friends
[15:28]   Tejpreet : 8200 call booked at 110.
[15:28]   Srini A : Thanks everyone
[15:28]   Sharad : Thanks all
[15:29]   Kathir : @tej nice one
[15:29]   Kathir : @hemant – hpe you had 79 for 8200 ce
[15:29]   Sharad : Bye…
[15:29]   Ashish : Shai HDFC rocking 🙂
[15:29]   Tejpreet : This one all credit to Shai..:)
[15:29]   Kathir : always 🙂 congrats Tej
[15:29]   Hemant : Covered at 87 🙂
[15:29]   Hemant : @Kathir
[15:30]   Kathir : oh man
[15:30]   Tejpreet : Thanks.
[15:30]   Shai : 🙂
[15:30]   Kathir : fine nice one Hem congrtas
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Kathir : Thanks and bye all
[15:30]   Sudhakar : bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Hemant : Ty bro 🙂
[15:30]   Suyash : Bye all. Another great trading day
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   John : Thanks and bye all 🙂
[15:30]   Ashish : Thanks and bye all
[15:30]   Pawandeep : GB BYE ALLLL
[15:32]   Vikkas C : THANX SHAI ..
[15:32]   Sandeep : bye
[15:32]   Vikkas C : BYE ALL
[15:33]   Hemant : Ty folks, have a great evening ahead