OrderFlow charts and Notes 07/09/15

[08:52]   r m : Good Morning folks!
[08:53]   r m : http://vtrender.com/levels-and-plan-for-7th-sept/
[08:53]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-07-sept-11-sept15/
[08:53]   r m : \http://vtrender.com/orderflow-charts-and-notes-040915/
[08:53]   r m : http://vtrender.com/consolidated-orderflow-040915/
[08:53]   r m : Nifty SEP Future levels | Key Reference Area 7604 | Hypo1 above 7680➜7720➜7775 SL 7636 | Hypo2 below 7605➜7547➜7518 SL 7659
[08:53]   r m : Banknifty SEP Future levels | KRA 15930 | Hypo1 above 16180➜16355➜16555 SL 16050 | Hypo2 below 15930➜15775 SL 16065
[08:54]   r m : Nifty Spot Weekly levels | Support 7517/7340 | Resistance 7815/7940
[08:54]   r m : Banknifty Spot Weekly levels | Support 15670/14700 | Resistance 16540/16220/17100
[08:55]   Chandrashekhar : Good Morning r m
[08:55]   r m : Hi Chandrashkhar
[08:58]   Ashish : GM RMand friends
[08:58]   Vikkas C : GM all
[08:58]   Vikkas C : hi RM
[08:58]   r m : Hi Ashish, Vikkas
[08:58]   Anay : GM All
[08:59]   Tejpreet : GM All
[09:02]   R Goel : Hello All
[09:02]   R Goel : Good Morning
[09:03]   Kathir : GM Shai RM all friends
[09:04]   r m : Hi Kathir
[09:04]   Augustin : GM all
[09:06]   Shai : GM all
[09:07]   John : GM all
[09:07]   Prakash : gm all
[09:07]   Srini A : GM All
[09:10]   Sharad : Very Good Morning to ALl
[09:11]   Sharad : ALL
[09:12]   Girish : GM all
[09:12]   R Goel : hello GM all
[09:12]   Sharad : after 30 minutes daily is added… good change… i was on vacation for 10 days
[09:13]   Kathir : @Hi Sharad just now I thought of you..usd/inr above Shai’s resi zone 🙂
[09:14]   Sharad : what is his take on INR ?
[09:14]   Kathir : above 66.87
[09:14]   Sankar : GM RM, Shai and everyone 🙂
[09:15]   Sharad : ok i just checked things on INR …looks 87 around is top for 2015
[09:15]   Sharad : sorry 67
[09:15]   RK : GM Shai,RM and all
[09:16]   Sandeep : gm all
[09:16]   Kathir : Hi RK how was your trip
[09:16]   r m : Hi Sankar, RK
[09:17]   Shai : watch for greens abv 7680
[09:18]   Kathir : @Shai buy nf now ? hypo
[09:19]   Shai : yes can res at 7717
[09:20]   Shai : friday’s greens trying to keep the auction up
[09:20]   Kathir : ok thanks
[09:20]   Shai : res is the broken 7717- 7725 F
[09:22]   Shai : NF trying to do an open drive – supply is the mentioned 7717- 7725 supp at 7670 now
[09:23]   Prakash : I’m not getting proper data on terminal anybody facing same issue
[09:23]   r m : working well on my pc
[09:24]   Sandeep : YA ITS WORKING FINE
[09:24]   Sandeep : sorry for caps
[09:24]   Shai : 7718
[09:25]   Shai : a close abv 7718 today is comfort for bulls
[09:25]   Shai : if not we drag down to 7520
[09:25]   Shai : supp still 7675
[09:27]   Shai : NF- enter long abv 7734 with sl of 7710 for 7775/ 7807
[09:28]   Augustin : @Shai – BNF can be shorted below 16220?
[09:28]   Shai : long view is only for open drive continuatio abv 7734 aand res zone- should be a quick 40 pointer abv
[09:28]   Shai : short below 16199
[09:28]   Augustin : Tls
[09:29]   Augustin : Tks
[09:31]   Shai : 16355 res
[09:34]   Shai : NF sellers
[09:34]   Shai : can see 7676
[09:37]   Shai : Sell NF below 7694 sl of 7718 tgt 7677/ 7647
[09:38]   Augustin : @Shai – Where would BNF go below 16199?
[09:39]   Shai : 16009
[09:40]   Shai : NF sell active
[09:40]   Shai : breaking vwap from supply zone
[09:40]   Augustin : Ok
[09:42]   Sandeep : NF 7677 T1 done
[09:43]   Shai : break below 7677 will give good reward on that trade
[09:44]   Sandeep : and it breaks
[09:44]   Augustin : @Shai – Can cover at 7647 or keep trailing?
[09:46]   Shai : trailing stop will be abv vah on day f hits 7647
[09:46]   Augustin : OK
[09:46]   Shai : 16116
[09:47]   Shai : te supply point was a good short but near open the threat of an open drive was also there
[09:47]   Augustin : 🙂 Good day so far
[09:47]   Rahul P : Hello Shai…one basic question. What is the horizontal red line at 7677 ??
[09:47]   Shai : below vwap no chance
[09:48]   Shai : open price at 7677
[09:49]   Shai : NF sell book part 7660 raise sl to 7694 on bal
[09:50]   Shai : Buy a 7500 put and hold
[09:50]   Shai : this usdinr is not comfrtable here and can create issues
[09:54]   Shai : 7621
[09:54]   Sandeep : shai any tgts for nf
[09:54]   Shai : 16009
[09:54]   Shai : 7605
[09:55]   Sandeep : cover fully there ? right
[09:55]   Shai : can cover but my advice is to keep some in hold
[09:55]   Sandeep : okay
[09:55]   Shai : a failed open drive is a messay sign
[09:55]   Shai : messy*
[09:56]   Girish : @Shai – SL or the 7500PE ?
[09:58]   Shai : for now it is 7725 F and tgt1 7516 – waiting for vix to stabilise and get correct values
[09:58]   Shai : but not intra
[09:58]   Girish : ok
[09:58]   Rahul P : Hi shai, what is the yellow horizontal band ?
[09:59]   Shai : dev value
[09:59]   r m : Developing value areas
[10:00]   Shai : NF has a buyer at lows
[10:00]   Rahul P : ok
[10:00]   Shai : even BNF
[10:00]   Vikkas C : can u pls change the 5 mins bnf to numbers pls
[10:01]   Vikkas C : thanx
[10:03]   Shai : NF trail intra stops to 7662
[10:03]   Naveen : Shai does this hold good for the 7500 pe also??
[10:04]   Shai : can trade the PE also if you can – but that view is positional
[10:04]   Naveen : any targets n sl shai??
[10:05]   Shai : (09:58) Shai :for now it is 7725 F and tgt1 7516 – waiting for vix to stabilise and get correct values
[10:05]   Shai : for the pe
[10:05]   Naveen : oh thanks shai..missed that earlier message 🙂
[10:15]   Tejpreet : That buyer at lows brings NF to vwap 🙂
[10:17]   Ashish : Yes, Tej.. spike buyer
[10:17]   Hemant : Is it a short again Shai??
[10:21]   Shai : wait
[10:21]   Shai : IB period
[10:21]   Hemant : Ok
[10:22]   r m : Nifty spot weekly profile during and after Modi result week – http://screencast.com/t/e2eTnPTDvOA
[10:22]   RK : tip of Iceberg 🙂
[10:23]   r m : I think whole composite would be a bell!
[10:25]   Sankar : 2015 a D year 😉
[10:39]   Rahul P : is it short below VAL ?
[10:41]   Shai : NF short is at the top
[10:41]   Shai : so far good response from lows
[10:42]   Shai : not suggesting a new short here for intra – may climb to 7684 even 7700 again
[10:52]   Shai : movement of 104 points i IB with IB finish at vwap suggets a 7725- 7605 range all day witth vwap as bias point
[10:52]   Shai : normal day type
[10:53]   Chandrashekhar : shai, so fade the extremes?
[10:53]   Shai : yes
[10:53]   Chandrashekhar : k thanks
[10:53]   Shai : witha sl in place
[10:54]   Chandrashekhar : of course 🙂
[10:54]   Tejpreet : Shai in such days when ib is huge ….does it mean OTF participation or locals can create such big IB.
[10:55]   Shai : Gen a normal day would mean locals but when an IB is as large as today it points to OTF trading with opposing views
[10:56]   Shai : what I’m interested to see today in orderflow is how much of the green below 7650 stays
[10:56]   Shai : still some big green is there like friday
[10:57]   Shai : that is the opposing force- dominant seller is at top near 7840 and 7940
[10:57]   RK : Shai means local tried to pick bottoms and OTF initiated selling at tops
[10:57]   Tejpreet : Ok got it … Thanks Shai.
[10:57]   Shai : except that qty at bottom is huge RK and may not be all locals
[10:58]   RK : ok so some OTF picking up bottoms
[10:58]   Tejpreet : Even I am inclined to buy again around 7620 with SL .
[10:59]   Rahul P : someone told me 7623 is the number when Modii got elected…so the govt will try to protect this nunber
[10:59]   Rahul P : maybe govt has directed lic to open liquidity flood gates at this number
[11:01]   r m : @Rahul, LIC will never protect a single number in NF, that would mean giving a fix price to longs for exiting 🙂
[11:02]   Shai : weekly 7500 put : sl would be 59 tgt 163/ 198 buy avg price is 115
[11:04]   Shai : auction likely now for next few hours 20 points about vwap 7645- 7685
[11:06]   Shai : allow a few points in the put for volatility
[11:08]   Shai : weekly vix range should be 28.74- 23.55
[11:08]   Augustin : @Shai – BNF can go to day’s high – Intra?
[11:08]   Shai : break either side to watch
[11:14]   Vikkas C : boring day
[11:15]   Vikkas C : price right in the centre of IB..dont know weather to go short or long :S
[11:16]   Shai : 4/4 for the OTF daily chart for next day open
[11:16]   Shai : I think we have a solution here for all those havig sleepless nights watching sgx / dow 🙂
[11:17]   Shai : augustin 16220
[11:17]   RK : dont get it!(11:16) Shai :4/4 for the OTF daily chart for next day open
[11:17]   Augustin : Tks Shai
[11:18]   Shai : last wed – http://screencast.com/t/H1SwbSmf
[11:19]   RK : oh ok 🙂
[11:19]   Shai : thurs- http://screencast.com/t/y5lF6UVhrd
[11:19]   RK : when we see such higher nos at open or close, you mean better to stick with them and close business when they do..got it 🙂
[11:20]   Shai : friday- http://screencast.com/t/BOuFkwdM
[11:21]   Vikkas C : so shai as per this it s better to go long wiht stops below fridays low
[11:22]   RK : but I feel today’s morning buyers closed business at top as per volumes it seems..as no new buyers at top, we fell down..Shai your views?
[11:22]   Shai : No Vikkas mentioned it as view for next open
[11:22]   Shai : then the current orderflow takes over
[11:22]   Vikkas C : ok got it shai 🙂
[11:23]   Shai : Orderflow is about the “Now”. we have 5 mins / 30 mins / and full day here to see what the auction is doing
[11:24]   Shai : Yes RK- agree
[11:24]   Shai : there were no greens in the 5 mins as we entered that supply at 7717
[11:24]   RK : yes
[11:25]   RK : but awesome OF of 4 days 🙂
[11:26]   Shai : yes has been good 🙂
[11:26]   r m : 🙂
[11:27]   Anay : 🙂
[11:43]   Rahul P : Hi shai, I have a question…for OF which timeframe is more reliable? 5 mins or 30 misn ?
[11:51]   Shai : Orderflow is volumes and is independent of timeframe as volumes are the same for trades done
[11:51]   Shai : we use 5 mins here and view it gainst a 30 min chart and a full day chart
[11:51]   Rahul P : ok
[11:52]   Shai : see 5 mins live, then see current 30 mins against past 30 mins on the next chart and finally current day against last day to get the full picture
[11:54]   Shai : sellers again building up
[11:54]   Rahul P : the valu area in the last chart is 7686 – 7632….is this TPO based or voume based ?
[11:54]   Shai : staying below vwap
[11:59]   Shai : http://news.yahoo.com/rbis-defence-rupee-depletes-forex-reserves-3-40-091427170.html
[11:59]   Shai : from that 25 billion we tracked 3.4 billion booked 🙂
[12:02]   Shai : looks like an error in the article
[12:02]   Shai : 3.4 looks small
[12:03]   Naveen : Shai buy abv vwap??
[12:09]   Shai : can do 7685 sl 7645 though
[12:09]   Shai : still the same range
[12:09]   Naveen : oh thanks shai
[12:09]   Shai : (11:04) Shai :auction likely now for next few hours 20 points about vwap 7645- 7685
[12:10]   Vikkas C : better to avoid trading today .. yo yo moves
[12:11]   Kiran : the 1205 NF candle has RED delta.
[12:11]   Kiran : with good volume
[12:13]   Kiran : is it BNF buying and NF selling going on ?
[12:14]   Shai : mostly flattish auction in the thick b of friday
[12:16]   Varun : so shai
[12:16]   Varun : u cn give a brief at 3.25
[12:16]   Varun : lets try it fe few days
[12:17]   Girish : not crossing VWAP convincingly. Peeks above and drops – N
[12:17]   Girish : *NF
[12:25]   Tejpreet : HDFCSEC says OROP will increase fiscal deficit in a big manner .
[12:26]   Shai : and what about the saving from crude?
[12:26]   Tejpreet : Doesn”t mention a word about it 🙂
[12:26]   Shai : I still don’t understand which account the 125000 cr to Bihar goes to? any one knows?
[12:27]   Tejpreet : If it actually goes is the big question.
[12:27]   Shai : haha maybe that’s why all are quiet about it 🙂
[12:28]   Rahul P : savings from crude go towards CAD…..
[12:29]   Rahul P : fiscal defict savings from crude are small ….related to gas / kerosene subsidies
[12:29]   r m : it is reguar central plans there, they have added up the railway, NH plans and more for next 5 years 🙂
[12:29]   Chandrashekhar : @Tejpreet what happend to that 7600 + 7800 option strategy, did u close or still open?
[12:30]   Tejpreet : No open just 2 lots to practically see how options move.
[12:30]   Rahul P : shanghai is down 3 %…not a good sign
[12:30]   Tejpreet : Had forgotten about it thanks for reminding
[12:32]   Chandrashekhar : pls share whenever u close the trade:) want to learn this strategy
[12:33]   Tejpreet : It is at par now …i got 12 credit for it.
[12:33]   r m : 🙂
[12:34]   Chandrashekhar : k
[12:34]   Tejpreet : RM ny calculator to calculate probability of option expiring worthless …..like BN 14500 put at 90.
[12:38]   r m : you mean to say caculating BN spot expiry probability?
[12:39]   Tejpreet : No imean probability of option expiring worthless
[12:39]   r m : i am getting msgs 4-5 minutes late, so my reply may appear unconnected in chat 🙁
[12:39]   Tejpreet : Same here 🙂
[12:40]   Tejpreet : I had seen it long time it gave values in percentage about option expiring worthless by putting in data .
[12:42]   r m : option will expire worthless only the strike price is beyond expiry level of spot, so you need to know the probability of spot expiring near a strike for that 🙂
[12:43]   Tejpreet : Yes true … could be the easeir way out 🙂
[12:44]   r m : ok
[12:52]   r m : we need some kind of vix calculated from BN options for that 😀
[12:54]   Tejpreet : Infact call and put ivs would be better than vix am trying out something as market is not doing much !
[12:54]   Chandrashekhar : rm current MO reading pls
[12:56]   Kiran : Shai Red delta at middle of profile , does it suggest anything ?
[12:57]   r m : A look at this “simple” formula made me swear to never look at VIX again 😀
[12:57]   r m : http://screencast.com/t/WXYGa5Uy
[12:58]   Tejpreet : Really “simple”….
[12:58]   Shai : sell NF 7660 sl of 7686 tgt 7621- go with a reduced trade size
[12:59]   Shai : reduced trade size cos still a rotational profile around vwap
[12:59]   Tejpreet : RM the best for options data is traders cockpit ….almost similar options data as on ivolatility.
[13:00]   Shai : @ Kiran yes sellers coming in the 7660- 80 band
[13:00]   r m : @Tejpreet, VIX is calculated from CE and PE volatility only 🙂
[13:01]   Tejpreet : No imeant historical implied volatility incase of otm ……vix i presume takes into account only ATM options.
[13:01]   r m : @Chandrashekhar, MO at -49
[13:02]   Chandrashekhar : thnx r m
[13:02]   r m : ok Tejpreet
[13:04]   Kiran : If these sellers strat covering then it would be quick rally.
[13:05]   r m : OTM too
[13:06]   r m : http://www.nseindia.com/content/indices/white_paper_IndiaVIX.pdf
[13:10]   Shai : 7645 breaks next 20 comes easy
[13:11]   Tejpreet : Yes they take into account OTM also . …thanks for the clarification.
[13:17]   Vikkas C : stuck seller
[13:19]   Shai : yes
[13:26]   Shai : Book NF short trade intra- profike is very rotational
[13:27]   Shai : came back abv dval
[13:27]   Shai : chances of another close at dpoc/ vwap today
[13:27]   Rahul P : Hi shai, do you use rotation factor for trades ?
[13:32]   Shai : no
[13:34]   Vikkas C : shai can we long nifty here with stops below todays low ?
[13:39]   Gaurav : Same question can we long here Shai?
[13:44]   Shai : stop will be below 7605
[13:44]   Shai : kra
[13:44]   Shai : allow 7-8 points as it is an area not a line
[13:45]   Shai : but if by close those greens at the bottom are reduced or gone then cancle the position
[13:45]   Vikkas C : no no asking for intra only shai 🙂
[13:46]   Shai : intra buy on next green for vwap and 7682
[13:47]   Vikkas C : got it thanx shai
[13:49]   Shai : that seller abv 7660 is still a bit strong as pink shows
[14:02]   Shai : vwap resisting
[14:15]   RK : Shai can we have zoomed view of 5 min chart for a moment..want to check morning low 5 min candle..
[14:17]   Vikkas C : on my chart mrng 5 min low @ 7657.80
[14:17]   Vikkas C : @RK
[14:17]   RK : no Vikkas I meant want to see that candle which made low..
[14:17]   Vikkas C : ohh ok 🙂
[14:18]   Shai : roughky 641k in that candle
[14:18]   Shai : at lows
[14:18]   RK : thanks Shai..
[14:19]   Anay : more additions to morning greens below 7650 on Daily OF
[14:20]   Anay : was 160k, 115k and 76k in the morning
[14:20]   RK : yes Anay watching
[14:21]   RK : same happened with 7660 sellers too..additions
[14:22]   Vikkas C : buyers
[14:23]   Shai : Buyers at lows
[14:23]   Shai : 7605 sl for 7656 cmp 7626
[14:23]   Anay : @RK yes
[14:27]   RK : to meet those sellers we need much bigger buyers here
[14:28]   Vikkas C : RK big buyer toh app ho ..buy karlo :p
[14:29]   RK : 🙂
[14:29]   Anay : if price spends too much time here, those could be short coverers than fresh buyers
[14:30]   Shai : has to come abv dval 7629 and IBL else will drop
[14:31]   Sandeep : shai anything open in nf ?
[14:31]   Shai : not in F just a put open
[14:33]   Tejpreet : 7596 spot time to buy some calls.
[14:34]   Shai : one big red is at lows now
[14:34]   Shai : not a good sign
[14:34]   Shai : for longs
[14:35]   RK : emotional play now for this 760
[14:35]   RK : 7600
[14:35]   Shai : usdinr 67.14
[14:36]   Anay : vwap + 3sd at 7597
[14:38]   r m : MO touched -60
[14:40]   Kiran : Shai yday and today POC Daily FP is same . so pullback possible ?
[14:42]   RK : it’s getting sellers here
[14:42]   RK : looks like one move beyond bands
[14:44]   Ashish : Shai, some heavy volumes in USD/INR @ highs.
[14:49]   Shai : possible Kiran but there are sellers holding that POC now
[14:50]   Shai : same like 7815 from last week
[14:50]   Anay : where is dpoc?
[14:51]   RK : Shai Hypo 2 would pay now as we have short time?
[14:52]   RK : GF says go for it 🙂
[14:52]   Anay : ok 7662
[14:53]   Shai : short only f 7601 breaks now
[14:53]   Shai : if*
[14:54]   RK : Yes
[14:54]   RK : just reentering what is exited earlier
[14:56]   Kiran : again big 62475 buyer
[14:56]   Shai : sell NF 7600 sl of 7629 tgt 7563
[14:56]   Misaal : What would be the tgt if shorted @ 7600 ?
[14:56]   Sandeep : charts delayed or only at my end
[14:56]   Misaal : ok
[14:58]   Gaurav : This trade is valid intraday only Shai?
[14:59]   Shai : yes
[14:59]   Gaurav : Thank You
[14:59]   Shai : running against time
[14:59]   Rahul P : why sell when buyer with huge volume below ?
[15:00]   RK : Rahul 7620 buyers are under water who are bigger than new buyers
[15:01]   Rahul P : ok
[15:02]   Kiran : so if there is more time spend here then they 7620 will omit.
[15:02]   RK : yes
[15:03]   Kiran : what would have been there SL ? 7600
[15:03]   Shai : BN spot near that 15717- 15787 band
[15:03]   RK : Shai what is that ref? I think I missed conversation
[15:05]   Shai : oh didn’t I bring it up in the weekly post? let me check
[15:05]   r m : it is there
[15:05]   Shai : poc of 2014 and the balance zone for the rise
[15:06]   Shai : can drop intra also to 16720 spot
[15:06]   RK : Shai am yet to read this week post..If its there, let me read it..sorry
[15:06]   Aayush : 15720*
[15:06]   Tejpreet : Shai as per weekly post part nifty longs can be build now and rest in another 50 point fall with 7517 spot SL.
[15:07]   Shai : Right Aayush
[15:07]   Aayush : shai recomend carryin shorts or exit?
[15:07]   Shai : yes Tejpreet but weekly TF – let’s not mix up with intra day here
[15:08]   Shai : We will book at lows
[15:08]   Aayush : ok
[15:08]   Shai : bounce to POC 7660 tom is another short opp
[15:08]   Tejpreet : Yes I mean selling some otm puts like 7000.
[15:08]   RK : finally relieved 🙂
[15:09]   Shai : NF short on tgt – book out
[15:10]   Shai : 15773 BN spot
[15:10]   Suyash : shai can 45 degree rule come into play tomorrow? The 2 day POC is a very thick TPO region
[15:10]   r m : MO at -63
[15:10]   Shai : Suyash is a possibility
[15:10]   Shai : that poc visit
[15:10]   Shai : alos BN imp zone
[15:11]   Shai : so reduce shorts is my advice- keep trading them we get opp again at 7660 and 7725 to reshort
[15:11]   Hemant : Shai BTSTs if any?
[15:11]   Shai : go with 7770 ce sl of today lows in last 10 mins
[15:12]   Shai : 7700*
[15:12]   Suyash : ok thanks
[15:12]   Hemant : Ok Shai
[15:12]   Shai : 7500 pe hit 148
[15:13]   Vikkas C : shai the daily chart not showoing much buying at the lows
[15:13]   Vikkas C : compared to other days
[15:13]   Shai : yes
[15:14]   Shai : vol obj of the move below 7600 was 7563 and a move up should invite long liquidation I feel
[15:15]   Shai : more* long liquidation
[15:20]   Aayush : big green bars into the close..
[15:21]   Sandeep : shai 7700 ce into play now?
[15:21]   Shai : yes
[15:21]   Shai : part book 7500 pe also and deploy some cash from there
[15:21]   Sandeep : sure
[15:21]   Gaurav : No gap down scenario for trrow?
[15:22]   Shai : part book 7500 pe- trade at 146 . sl is 105 on bal position now
[15:23]   Vikkas C : buyers also showing up slowly in the daily now
[15:24]   Shai : that ce is not all that safe here per orderflow- don’t go with hige qty in it
[15:24]   Shai : selling is there below 7600 amd may drop to 7515 before a bounce to 7660 again
[15:25]   Rahul P : 7700 is for intraday or carry forward ?
[15:25]   Rahul P : 7700 CE
[15:25]   Shai : not intra 🙂
[15:26]   Rahul P : ok
[15:26]   Shai : play if for visist to that 7660 dpoc which is upwards
[15:26]   Shai : but down move has not yet fully matured from 7620 hence not advising huge qty
[15:26]   Shai : hope I have not created confusion
[15:27]   Rahul P : got it
[15:30]   Hemant : good time to pick that 7700 ce shai?
[15:30]   RK : booked all shorts incl NF and BNF..clean slate 🙂
[15:30]   Vikkas C : brilliant rk
[15:30]   Vikkas C : clap clap
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Hemant : Bravo RK 🙂
[15:30]   Ashish : Thanks and bye all
[15:30]   Tejpreet : Bye All ….good one RK !
[15:30]   RK : thanks and bye all 🙂
[15:30]   Porus : bye all
[15:30]   Srini A : Bye all
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:31]   Sandeep : Bye all 🙂
[15:31]   Moses : Bye All
[15:32]   Vikkas C : bye all
[15:34]   Sandeep : bye all

[09:28]   Kathir : Shai USD/INR whats the trgt now?
[09:32]   Shai : 67.13 over 66.85
[09:32]   Kathir : ok thanks
[09:32]   Tejpreet : Shai views on Indus Bank.
[09:50]   Manthan : Maruti view Shai??? TIA
[09:51]   RK : Shai USDINR would also create issues to OMCs..right?
[10:06]   Shai : indus intra weak below 847 can see 830
[10:07]   Shai : maruti could be a sideways 4140- 4025 zone intra day slight weakness till below 4090
[10:07]   Shai : 4025 supp
[10:09]   Tejpreet : Thanks Shai.
[10:18]   Ashish : Shai, SRTRANSFIN is good to buy here. DD on weekly profile. Please check
[10:23]   Shai : current auction is in the tpo between DD and not yet strong
[10:24]   Shai : strength conf abv 859 poc of DD region upper
[10:24]   Shai : supp at 835
[10:33]   Ashish : Thanks Shai
[10:44]   Shai : usdinr traders 67.13 and 66.85 range to watch
[10:45]   Shai : below 66.85 can drop to 66.64 intra easily and positionally also weakens
[10:47]   Shai : trend is 66.40- 67.24 this week with uptrend still having chances to do 67.80 this month
[10:48]   Nandesh : ur view on hcltech for intra
[10:48]   Ashish : Thanks a lot for USD/INR levels
[10:50]   Shai : hcltech open drive from 944 has supp at 922
[10:51]   Shai : below 932 is still weak and can do 916
[10:51]   Shai : sl at 934 on ay
[10:51]   Shai : day
[10:52]   Nandesh : k
[10:52]   Nandesh : thx
[11:11]   Naresh : Shai – views on lupin / amaraja ?
[11:30]   Shai : lupin weak at the open and hitting intra day supp 1 at 1820
[11:30]   Shai : positionally can see prev buying near 1787 to supp
[11:31]   Shai : close abv 1862 this week is a conf
[11:32]   Naresh : thnak you
[11:32]   Shai : amaraj also has nice supp at 924
[11:33]   Shai : bounces from tere has to take it abv 960 as price conf on closing
[12:00]   RK : Shai Relcap some nice accumulation in cash?any bullish view here
[12:04]   Shai : yes looks good and shows buying at lows
[12:04]   Shai : 327 sl on day and can tgt 338 from here
[12:04]   RK : fine..on weekly basis what tgt we can expect..350-360?
[12:04]   Shai : 366 postnl res
[12:05]   Shai : weekly 355/58 perhaps
[12:05]   RK : great..thanks
[12:05]   Shai : still a litte early to gte current week
[12:05]   RK : ok
[12:11]   Vikkas C : @RK any new patients worth looking at today ?
[12:16]   RK : except TTM all in already sold category..TTM is whipping on buy side..wait and watch mode..
[12:18]   Vikkas C : 🙂
[12:35]   Vikkas C : ACC holding that 1330 lvl very well ..shai can a positonal long trade be taken with stops below it
[12:37]   Shai : yes good sl
[12:37]   Shai : all of cement is good
[12:37]   Shai : look at dalmiabha also in midcap
[12:38]   Vikkas C : thanx shai
[14:03]   Manthan : Shai, any pull back expected in Bharatforge???
[14:09]   Shai : looks ripe for a pullback that spike low around 1006 is a good supp and I will be comfy if closes abv 1031 today
[14:10]   Vikkas C : shai view on bpcl pls ?
[14:11]   Manthan : okie, thanks
[14:28]   Shai : bpcl still sideways
[14:29]   Shai : 814- 880 with bias at 851 for that range
[14:29]   Vikkas C : thanx shai
[14:32]   Nandesh : if market down then ur stock recomendation
[14:32]   Nandesh : ur best pick
[14:33]   Shai : defensives like dabur, brittania as phama is volatile
[15:14]   Naveen : shai, your view on jubliant life , big crack today
[15:16]   Shai : yes any news?
[15:16]   Shai : big vols missing 286- 297 strong support
[15:18]   Shai : some short cloure coming- could be intra dayers can bounce tom whhich wll be a reassess point
[15:18]   Naveen : no shai, no news as such..
[15:19]   Shai : ok
[15:20]   Shai : is a drive down day but vols not suggesting it was impulsive look at 286 to supp and the quality of the bounce would show the next move