OrderFlow charts and Notes 08/04/14

Bnf_Tick Footprint_5_Bnf Footprint_5_Nf

 

Get Image Orderflow Charts And Notes 08/04/14

General Chat Transcript

 

Room Name: Vtrender
Date and Time: April 08, 2015 09:14:48

[08:45]   r m : Good Morning folks!
[08:45]   r m : http://vtrender.com/levels-and-plan-for-8th-april/
[08:45]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-0704/
[08:45]   Porus : GM all
[08:45]   r m : Nifty APR Future levels Key Reference Area 8729 Hypo1 below 8697➜8662➜8642 SL 8729 Hypo2 above 8729➜8766➜8804 SL 8694
[08:45]   r m : Banknifty APR Future levels KRA 18630 Hypo1 below 18630➜18528➜18414 SL 18685 Hypo2 above 18730➜18810➜18960 SL 18610
[08:47]   Ashish : gM all..
[08:47]   Ashish : I have joined today only..
[08:48]   Ashish : Hello RM
[08:49]   Ashish : These KRA levels will be updated on daily basis??
[08:49]   r m : yes, they are updated on blog around 11pm along with hypos for next day
[08:49]   r m : Hi Ashish, welcome 🙂
[08:50]   r m : I read from bottom up 😀
[08:50]   Ashish : ok
[08:51]   r m : levels are posted here just for ready reference during market hours, details are on the blog
[08:51]   Ashish : thanks RM
[08:51]   Ashish : Do we get some trading calls during tha day here
[08:53]   r m : @Ashish, Shai may give calls here when he finds good risk reward and high probability trades besides the one described in hypo
[08:53]   Ashish : ok
[08:53]   Ashish : thanks
[08:54]   Hemant : GM folks
[08:54]   Hemant : Going through the blog
[08:55]   Shai : GM all
[08:55]   Ashish : GN Shai and Hemant
[08:55]   Ashish : GM
[08:58]   Tejpreet : GM All.
[08:58]   Varun : @shai one small query early morning
[08:59]   Varun : on 9th and 13th march we have huge over head single prints
[08:59]   Varun : wht levels do they represent on april
[09:00]   Varun : as thr was huge premium and kept changing
[09:00]   Varun : http://vtrender.com/levels-and-plan-for-19th-march/
[09:04]   Shai : Varun 9000 and 8938
[09:04]   Shai : http://screencast.com/t/f1GVS0hjIR
[09:04]   Shai : updated on blog daily excess and anomaly levels just below obs
[09:05]   Varun : cool, thanks
[09:07]   Amit J : gm
[09:08]   Shai : the late buying seen yesterday caught us and everyone by surprise yesterday
[09:08]   Shai : keeping kra at 8729 as it was neutral extreme
[09:08]   r m : Client category curiously is bent on getting out of this series!
[09:08]   Shai : below kra can go see 8697 and y’day vwap around 8662- 8670
[09:09]   Shai : but abv kra buyer in control
[09:09]   RK : GM Shai,RM and all
[09:10]   RK : I was fortunate to have my UPS drained after 8hrs power cut..could not witness last hour rally 🙂
[09:10]   RK : yesterday
[09:10]   Shai : spot abv 8670 will attempt to push the seller out
[09:10]   r m : Hi RK 🙂
[09:11]   r m : I just witnessed it from sidelines 😀
[09:11]   Shai : 8735-8755 and 8796 obj on spot as long as we remain abv 8654
[09:12]   RK : its all about how the open sustains..
[09:12]   RK : we are at 50% of retrace too..9119-8269
[09:12]   Varun : 8735/96 spot or future ?
[09:12]   Varun : ok spot
[09:12]   Shai : spot
[09:12]   Shai : weekly view
[09:13]   Porus : Shai, value areas on blog and on chart are different?
[09:13]   Varun : so probably with todays open after the late spike, suggests the abnomaly mite get repaired at 8804
[09:14]   Chirag : Hello all,
[09:14]   r m : @Porus, values will change in the white box after open
[09:14]   Chirag : First day with you guys..
[09:15]   r m : Hi Chirag, welcome
[09:16]   Chirag : thank you sir…looking forward to learn some amazing skills from all of you..
[09:17]   Chirag : Anyone tracking UBL?Fresh breakout yesterday..
[09:17]   r m : all that gap up in spot is hardly visible in futures
[09:18]   Varun : but big thing to trade above the spike, even when us fell huge in last hour type
[09:18]   Amit J : yes chirag. it moved above yearly R2. should be a big mover if it sustains
[09:20]   Chirag : Hey amit…yes..charts showing 1300-1400 if moves sustains
[09:21]   Porus : @Shai, NF total delta off chart.
[09:21]   Porus : *FP chart
[09:22]   Vivek K : keep a watch on cesc has been in a tight range
[09:26]   Porus : Shai, now OK.
[09:27]   Shai : Thanks Porus for bringing that up again
[09:28]   Shai : Sellers are there at open
[09:28]   Shai : Don’t buy yet
[09:28]   Ashish : what about short selling shai
[09:28]   Shai : Not yet – safe below 8725
[09:28]   Ashish : ok
[09:29]   Shai : If buying on hypo strict sl of 8725
[09:29]   Shai : can give us 8766 – but riskier trading at open
[09:29]   Ashish : ok, will wait for some time before jumoping in anything
[09:30]   Shai : seeing 8725- 8766 range off this open
[09:31]   Shai : prem back to 35 from 100 on expiry day
[09:31]   Tejpreet : Shai views on idea for shorting ..
[09:31]   Chirag : Hypo2 work in place?
[09:32]   Shai : yes sl 8725 – smaller qty as sellers are there
[09:33]   Chirag : Shai sir,shouldn’t wait for the initial one hour to get a clear picture?
[09:33]   Chirag : we*
[09:34]   Shai : Idea obj of the move is 199.2 and 204.6- clearer move below 194.4 for short
[09:34]   Shai : cash prices
[09:34]   Amit J : shai wock view for shorting?
[09:34]   Shai : then can give u 188
[09:35]   Tejpreet : Thanks for the precise lvls.
[09:35]   Shai : welcome 🙂
[09:35]   Ashish : @shai, any levels for abirlanuvo??
[09:36]   Shai : wock drive down 1956 test is almost here
[09:36]   Shai : big weakness if 1917 breaks else can go back up today
[09:36]   Shai : 2026 only safe sl if shorting
[09:37]   Ashish : these wock levels are for spot or futures
[09:37]   Shai : all stocks are cash only
[09:37]   Ashish : ok
[09:38]   Amit J : buy tata global intraday
[09:38]   Shai : abirla we were watching 1734 y’day- obj is mostly met
[09:39]   Shai : 1761 possible if we break abv 1734
[09:39]   Ashish : thanks shia for abirla levels
[09:39]   Ashish : shai
[09:39]   Hemant : Shai how do the index options look for today?
[09:42]   Amit J : shai century tex any view for shorting?
[09:44]   Shai : can’t see weakness till 695 breaks some time in this week
[09:44]   Chirag : Shai sir,I’ve sent a request on twitter via @chi11693
[09:44]   Shai : can rise to 750/ 778
[09:44]   Shai : Hemant I don’t track options actively
[09:44]   Shai : It’s all in these charts
[09:45]   Shai : BNF VAH at 18606
[09:45]   Shai : getting weaker
[09:45]   Hemant : Got it Shai. Just wanted to see if we are heavy on calls or puts.
[09:45]   Hemant : Studying the OI now
[09:47]   Tejpreet : @Amit tata global buy is based on technicals or some news flow.
[09:48]   Shai : Sell BNF 18615- 18625 sl of 18680 tgt 18560
[09:50]   Ashish : ok shai
[09:51]   Shai : expecting 18510 visist on BNF today
[09:52]   Shai : see no case for longs based on y’day volumes till we cross 18730
[09:53]   Shai : one thing whch has stood out in the past 3 sessions for me has been the responsive buying from 12.30 – 12.55
[09:53]   Shai : seeing it every day and even mentioned it under obs
[09:54]   Shai : http://screencast.com/t/oGWTRpjYUl
[09:57]   Janak : of in nf not visible
[09:58]   r m : ooper hai 🙂
[09:58]   Janak : swargvasi 🙂
[09:58]   r m : lol
[10:04]   Shai : NF mostly an OAOR
[10:04]   Shai : will reamin good abv 8729 KRA
[10:04]   Shai : remain*
[10:04]   Janak : bn has good chance do 800 today?
[10:05]   Chirag : anyone tracking TVS motors?
[10:05]   Shai : BNF 18630 and 18675 are morning sellers
[10:07]   Amit J : buy jet with sl intraday
[10:09]   r m : @Amit, sl at day’s low?
[10:10]   RK : Shai BPCL taking off again..any projection for targets?
[10:10]   Amit J : you decide RM
[10:11]   r m : ok, thanks
[10:13]   Shai : exit the BNF shorts around 18575 18580
[10:14]   Shai : there now
[10:14]   Ashish : exited shai, thanks
[10:15]   Ashish : it’s going more down
[10:15]   RK : IB range done with that move
[10:15]   Shai : buyers coming
[10:15]   RK : and buyers
[10:16]   Shai : RK – acc at 1675
[10:16]   RK : holding Shai 🙂
[10:16]   Shai : 🙂
[10:16]   RK : BPCL from 810 today morning
[10:16]   r m : Soon Holcim will hand over its stake to RK 🙂
[10:16]   Shai : That was a nice one you picked
[10:17]   Ashish : @shai, any stocks you are looking for intraday
[10:17]   RK : Ultracem too picked as bonus once ACC started next move above 1630 yesterday
[10:17]   RK : RM 🙂
[10:18]   Shai : bpcl may not go up straight- has to retrace and test back 814- 817
[10:18]   Shai : tgt is 860 if 806 holds though on that test
[10:18]   RK : ok..will book here then..its a quick 20 move
[10:19]   RK : thanks Shai
[10:21]   Shai : NF getting weaker
[10:21]   Shai : 80% rule
[10:22]   Shai : we will look to get short on a bounce
[10:23]   Shai : tgt is 8697 now below kra
[10:38]   Shai : Sell NF below 8725 only sl of 8752 tgt 8698
[10:39]   Ashish : ok
[10:40]   Shai : NF and BNF both showing a buying response at lows but not at highs where sellers are there
[10:40]   Shai : (09:28) Shai :Sellers are there at open
[10:41]   Ashish : sellers are more today
[10:41]   Ashish : is that right Shai
[10:41]   Shai : yes more aggressive
[10:41]   Ashish : ok
[10:54]   RK : Auto and Banks can lead the fall and OMC and infra for the rise..
[10:58]   Ashish : Any views on Cipla guys
[11:02]   Amit J : shai unitech on your tgt
[11:13]   Ashish : again sellers coming near day’s high
[11:14]   Amit J : 7% coal india and nifty flat
[11:15]   RK : Tatasteel longs can wait for some time or 335 is better to book?
[11:16]   Shai : Unitech is a big mover for it’s price
[11:17]   Shai : tata steel 338 – 337 obj of the move
[11:18]   RK : fine..thanks
[11:19]   Janak : shai bn can be bought for 800?
[11:20]   Janak : also if u can make couple of phone calls to dehradoon for a bull run………;
[11:22]   Janak : Hypo2 above 8729➜8766➜8804 SL 8694
[11:22]   Shai : 8754 will leave behind an FA at 8716
[11:22]   Shai : bullish abv 8754
[11:22]   r m : @Janak, bulls busy munching polythene bags on road in search of leafy garbage 🙂
[11:22]   Janak : lol
[11:23]   RK : above day high then positions aligned for 8790s
[11:23]   Janak : bn has been suppressed since 3 days and nf has merrily marched 150 pts up!
[11:23]   Shai : Buy BNF 18565 sl of 18520 tgt 18625
[11:24]   Shai : ignore the NF sell below 8725 for now- we will review it later
[11:25]   Mandar : GM. Shai your view on Bajaj Auto pls.
[11:31]   Shai : sl in BNF
[11:33]   Shai : Bajaj weak since open today’
[11:33]   Shai : 2048 is day supp
[11:34]   Mandar : good to enter at 2050 levels for positional longs?
[11:35]   Shai : positional enter part 2067 and part 2048
[11:35]   Mandar : ok. thanks
[11:35]   Shai : recent lows should hold and stock should make it up to 2300 in few weeks
[11:36]   Mandar : ok
[11:36]   Amit J : rm what is current MO?
[11:36]   r m : let me check
[11:37]   r m : MO is +86 🙂
[11:37]   r m : broader market seems very excited
[11:37]   Ashish : @shai, buyers are coming at day’s low in bnifty
[11:38]   Tejpreet : If BN got to move up Icici needs to buck up..Shai any views on Icici positional for expiry view.
[11:38]   Ashish : can one take long positions till 18528, hypo1
[11:39]   Shai : test of 18535 should come again
[11:40]   Ashish : delta is also increasing in green for current 15 minutes
[11:40]   Ashish : dark green in color
[11:41]   r m : ignore the dark greens, they represent overwhelming buyer or selller on the other side
[11:41]   Shai : icici is weak
[11:41]   Ashish : ok
[11:42]   Shai : headed to 313/ 310
[11:42]   Shai : Not having an expiry view yest on icici – too early
[11:42]   Shai : yet*
[11:42]   Tejpreet : Ok too early to go long now.
[11:43]   Tejpreet : By expiry view I meant selling options.
[11:43]   Shai : No strngth confirms abv 319 only
[11:43]   Shai : ok
[11:43]   Shai : profile suggests 325 strong res
[11:43]   Ashish : Shai, your views on cipla please
[11:44]   Shai : so if looking to sell look at calls abv that
[11:44]   Tejpreet : Thanks .. need to wait n watch icici.
[11:45]   r m : @Amit, tataglobal 🙂
[11:46]   Shai : cipla at supply- longs can exit if 739 and 735 break today/ tom
[11:46]   Ashish : thanks shai
[11:48]   Shai : welcome 🙂
[11:48]   Shai : Looks like BNF went down to take stops
[11:48]   Shai : 18510 and below are buyers now
[11:49]   Shai : cross of 18585 can still give that 18635
[11:50]   Amit J : rm you saw jet what a volatility
[11:50]   r m : @Amit, 🙂
[11:52]   Ashish : too many sellers are @ nifty highs
[11:54]   RK : Shai that 8754 nos are right or chances for error?
[11:54]   RK : 113875
[11:55]   Ashish : @shai, composite profile is not updating for me..
[11:55]   Ashish : could you please check it guys
[11:57]   Ashish : looks like buyers will be trapped here
[11:57]   Ashish : I mean buyers are going to be trapped…
[11:59]   RK : ok that one buy volumes
[11:59]   Ashish : yep
[12:00]   Shai : RK data corrected- sl got taken on that ove
[12:00]   Shai : move
[12:00]   RK : yes
[12:01]   RK : move below 8725 taken buy stops and now short stops taken..platform ready for algos of 12.30 🙂
[12:02]   Shai : 🙂
[12:02]   Shai : 8735 vwap of March
[12:03]   Shai : I wanted to go long on the move abv 8660 spot, but just not getting the conviction on positional buy here
[12:03]   Shai : too many ifs here
[12:03]   RK : since open we didnt enter into that 8643-8672 spot band
[12:03]   Ashish : can we go long now shai
[12:04]   Shai : Yes RK – part of my plan was to chase 120 points abv 8760 spot
[12:04]   Shai : 8660 spot
[12:04]   RK : to 8796s
[12:04]   Shai : Ashish long abv 8666 for 8804 but sl is below 8625
[12:05]   Shai : minimum qty
[12:05]   RK : 8766 and 8725
[12:05]   Shai : long abv 8766* sl 8725 I stand corrected
[12:05]   Ashish : Thanks shai
[12:06]   Shai : stll no signs f weakness in price but upmove is looking risky
[12:07]   Chirag : I am in a no trade zone as of now.No clarity.
[12:08]   Ashish : in the trade now
[12:11]   RK : finally BNF tail got into hand..580-635 done
[12:11]   RK : today its running like drunken horse 🙂
[12:14]   r m : lol
[12:15]   r m : this horse must be from Mallya’s stable 🙂
[12:15]   RK : msgs seems getting delayed
[12:15]   Ashish : lol
[12:15]   RK : maybe for IPL he let them out
[12:15]   r m : 🙂
[12:15]   Shai : Buy BNF 18640 tgt 18710 sl 18585
[12:16]   Shai : go with 50% of your normal qty
[12:19]   Shai : NF Trade : short NF below 8753 only tgt 8730 sl 8768
[12:19]   Janak : shai i think ur original view of bn going to 18k below 18800 is at work
[12:20]   Shai : one probe up required based on the buyers we saw at 18500 an hour back
[12:20]   Janak : all we are seeing is that half an hour of buying gets sold in a 2 min. move 🙂
[12:21]   Shai : NF good abv IBH so no short till it is protected
[12:23]   Chirag : buyers take teh stairs…sellers take the elevator route
[12:23]   Chirag : The*
[12:23]   Janak : bn is very weak and it better goes to 18k fast
[12:25]   Shai : exit the BNF long trade at 18612 now
[12:25]   Shai : 🙁 error
[12:26]   Amit J : SHAI YOUR VIEW ON SUN AND AURO FOR SHORT?
[12:29]   Shai : sun pharma?
[12:30]   Amit J : YES
[12:31]   Janak : can it be found out whether FII are selling bn?
[12:31]   Amit J : http://blogs.wsj.com/bankruptcy/2015/04/07/the-daily-docket-aurobindo-affiliate-alleges-natrol-ex-owner-of-fraud/
[12:34]   Shai : sun phram headed to 1117 and possible 1074/ 1055
[12:34]   Shai : sl 1175
[12:36]   Shai : auro weak below 1314 now – can do 1285 if broken
[12:37]   Janak : 620 zone has been sold off atleast 10 times now in last 2 weeks
[12:38]   RK : Yes Janak
[12:38]   Shai : yes at 640 looked like those sellers will give up but they added back exactlt 645
[12:39]   Janak : nf is the one holding the bull run
[12:39]   RK : now its between 510 buyers and 640 sellers
[12:39]   Janak : if that decides to fall – both will go to 8600/18k
[12:41]   Janak : pink in both
[12:42]   Hemant : waiting for nifty to break, hope its just around the corner.
[12:43]   r m : @Janak, BNF running on a tread mill http://screencast.com/t/44FT4N3M2b
[12:44]   r m : guess option writers are keeping it in a cage
[12:44]   Janak : lovely chart rm
[12:44]   Janak : bn is making LL – so next is 18276?
[12:45]   r m : Rav is not here it seems, else he would have enlightened us on the writers scheme of things 🙂
[12:45]   Ashish : sellers are increasing
[12:46]   Janak : yeah ashish – nf delta is -80k
[12:46]   Janak : ideally that shd give us 8700 and below
[12:48]   Ashish : yep, will add more shorts below VWAP
[12:49]   Ashish : @moderators, I have one question…is it possible to get a notification whenever you are going to change the chart timeframe
[12:51]   Janak : shai nf short tgts?
[12:52]   Shai : 8730/ 8697
[12:52]   Janak : ok
[12:52]   Shai : Ashish TF does not matter for these charts as we are delaing with volumes here- besides charts will not change
[12:52]   Ashish : KRA and Hypo1 levels
[12:53]   Ashish : ok, thanks a lot SHAI
[12:53]   Janak : -1.4 lac nf delta!
[12:53]   Janak : phew
[12:54]   Ashish : more to come
[12:55]   Amit J : AURO GONE
[12:55]   Tejpreet : @ moderators …something off market….can we have a poll or something like that on blog about full time trader in this group…..would be great info.
[12:57]   Ashish : buyers present at VWAP
[12:58]   Amit J : 1285 DONE
[13:02]   Shai : Move sl of shorts to 8777
[13:03]   Shai : Nice 1 Amit
[13:03]   Shai : Good if you caught tat
[13:09]   Shai : If you intend to carry a positional short from here into tomorrow then 8792 or 8805 is a correct sl
[13:09]   Shai : still abv vwap and that kra- so price wise there is not much weakness
[13:10]   RK : Shai closing around VWAP possible?
[13:16]   Shai : neutral day
[13:16]   Shai : can close vwap or extreme
[13:16]   RK : thanks
[13:17]   RK : its poised well for extreme of either side 🙂
[13:18]   Shai : yes
[13:18]   Shai : has been clsoing up 3 days now
[13:18]   RK : longs are unwinding in some stocks
[13:32]   Chirag : shai sir,I was looking for a dip in UBL futures…can you look at it?or is it a buy at cmp?
[13:34]   Shai : Chirag I will update on UBL cash figs as volumes work better there
[13:35]   Shai : 1135 was the tgt of the move this week and it is done – so u will not get much upside from here in next 2- 4 days
[13:35]   Shai : besides if you are planning to keep it for a few weeks watch 1023 cash as support
[13:36]   Shai : buy a dip there if it comes- better r/r
[13:36]   RK : Kind of strange day where BNF cant climb IBL and NF not willing to go down IBH
[13:37]   Shai : yes messay today
[13:38]   r m : half bull, half bear like narsimhavtar 🙂
[13:38]   RK : thats always dangerous RM 🙂
[13:38]   RK : how long can stretch two legs on opposite direction..pants under risk 🙂
[13:39]   r m : 😀
[13:39]   Chirag : Okay sir.Thank you.I was planning to keep it for this series (fututres).
[13:39]   Janak : better stretch the pants 😉
[13:39]   Amit J : shai FRL moved above your supply zone of 104. any view
[13:40]   RK : Janak 🙂
[13:41]   r m : @Janak, traders should wear gowns 😀
[13:42]   r m : BNF is an inside day so far
[13:45]   Janak : lol
[13:45]   Janak : BNF wears nothing 🙂 it also makes people start wearing nothing (bankrupcy)
[13:47]   r m : 🙂
[13:47]   Amit J : what a level shai superb. 104 to 111 in no time
[13:47]   r m : BNF still trading in the breakout area (above IBH) of 1st April, making us April fools 🙂
[13:48]   r m : @Amit, rocket speed!
[13:49]   Janak : anyone trades comm. here?
[14:01]   Navaneeth : I trade Janak bro, But only Silver + Nickel
[14:03]   Janak : silver is a buy here around 700-800?
[14:04]   Chirag : Anyone tracks HPCL?Is there a flag breakout?
[14:04]   Shai : NF seems tracked for neutral extreme close
[14:05]   RK : peaking early?
[14:05]   Shai : 8787 or 8804
[14:05]   RK : another 90 mins to go
[14:08]   Janak : or 8697 🙂
[14:09]   RK : IBL and then VWAP confirms Janak’s wish 🙂
[14:10]   r m : @RK, Janak’s wishes are endless, at 8697 he will demand 8662 🙂
[14:10]   RK : why not RM..ulta of yday charts,,you get 120 from highs 🙂
[14:11]   r m : 🙂
[14:11]   Navaneeth : Silver is downtrend. Avoid buyin Janak bro.
[14:12]   r m : @RK, oh, so you understand ulta! perfect in Hindi too! 🙂
[14:12]   Janak : ok N thnx
[14:12]   RK : its a common usuage in south too 🙂
[14:12]   RK : *usage
[14:12]   r m : ok
[14:18]   Shai : that 18000 pe is at 185 still
[14:19]   r m : yep, it refuses to decay!
[14:19]   Shai : 18360 spot support
[14:20]   Shai : 18130 spot is the obj next week on that 1
[14:20]   Rahul G : shai any vuews on star
[14:22]   Tejpreet : I have traded 18000 pe multiple times buy range 150-160 sell range 190 -200.Shai below 18360 spot can we short aggresively .
[14:22]   RK : Axis low breaks
[14:23]   Shai : yes tejpreet
[14:23]   Shai : that 1st buyer was at 18420 on RBI day
[14:23]   Tejpreet : Thanks.
[14:24]   Shai : he will liquidate if we probe below
[14:24]   Shai : 18420F
[14:24]   Janak : fom this chart – NG seems a sell here? anyone? http://www.marketcalls.in/mcx-naturalgas
[14:25]   Shai : Star probe at 1848 has seen selling. went down to 1204/14 where buyers are there from last week
[14:25]   Navaneeth : Janak bro, Don’tfollow super trend for commodity
[14:25]   Navaneeth : It will be disaster.
[14:25]   Shai : Looks locked now in this range
[14:25]   Janak : just charts
[14:25]   Navaneeth : DOn’t works in Less BETA stocks
[14:26]   Navaneeth : You may try demo on Silver as higher BETA
[14:27]   Janak : commodity charts are free here
[14:28]   Ashish : To all, is it possible to check yesterday’s messages, shared here
[14:28]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-0704/
[14:29]   r m : yesterday’s chat is in that post
[14:29]   Ashish : Thnaks RM
[14:29]   Ashish : thanks
[14:29]   r m : welcome
[14:31]   Navaneeth : Yes Janak, Charts are free. What I’m telling is don’t take the trades unless you have tried it in demo for 3 mnths at least.
[14:34]   Rahul G : thanks shai
[14:36]   Shai : welcome 🙂
[14:39]   Ashish : Shai, can you have a look at biocon
[14:43]   Shai : positionally bico good abv 467 where that 500 breakout tgt is intact
[14:44]   Shai : look to buy dips till 475
[14:44]   Shai : will be weak only if closes below 461
[14:45]   Shai : 500/ 540 tgts
[14:45]   Amit J : shai axis view?
[14:46]   Ashish : thanks shai
[14:47]   Ashish : 83400 sellers around 8775 levels
[14:48]   Shai : axis trying to hold 553 supp
[14:48]   Shai : may get stronger abv 560 close for imm tgt 575
[14:49]   RK : Shai LIC good breakout?
[14:50]   Hemant : Shai sir, i’m holding onto 8600 PE, what do you reckon should hold onto it?
[14:51]   Shai : LIC not yet has to cross 456- 458 for short covering
[14:52]   RK : thanks
[14:52]   Shai : is still good abv 449 and may attempt 458/ 460 once
[14:52]   RK : got it..
[14:53]   Shai : Hemant PE is the waiting game – you will get max value if we go below 8670 spot- till we are abv 8640 the 8750/ 8790 spot possible
[14:54]   Shai : abv 8670 spot- 8750/ 8790
[14:54]   Hemant : got it thank you 🙂
[14:54]   RK : 8600PE booked yesterday around 105 and re entered today
[14:54]   Shai : 🙂
[14:55]   RK : stop will be above 8800 spot
[14:55]   Shai : 8716 is an FA and we have built 8 L volume abv 8670 spot
[14:55]   RK : ok
[14:55]   Shai : upside rises now from 8750 to 8790
[14:56]   Shai : spot
[14:56]   RK : SUN again down 8% after a 10% fall monday
[14:57]   Hemant : Picked up 8900CE
[14:57]   Shai : very rare to see NF like this when BNF is so weak
[14:58]   Ashish : maybe it will fall in last 30 min.
[14:58]   Shai : close at vwap looks more possible today
[14:58]   Shai : 8749
[14:59]   Ashish : yes, it’s not closing below VWAP levels…touching and coming up
[15:02]   Amit J : large delta sellers in bn
[15:08]   Shai : trend day coming tomorrow in NF
[15:08]   Shai : max can get delayed by a day bt we should see 15 L volume tom
[15:09]   Tejpreet : up or down 🙂
[15:09]   RK : Tejpreet 🙂
[15:09]   Hemant : Time to be cautious.. switched to upside
[15:10]   Shai : Tejpreet I would have bought all the calls and puts availble if I was that certain now 🙂
[15:10]   Shai : value area is our guide tom
[15:10]   Shai : exit of value is the trade
[15:11]   RK : so no missing trades day tmw 🙂
[15:11]   Tejpreet : got it …..but am taking few 8700 pe now at 86.
[15:11]   r m : MO +76
[15:11]   RK : RM we will keep hitting keyboards 🙂
[15:12]   r m : yes RK, hope we don’t hit the floorboards ourself 🙂
[15:12]   RK : oh! thats always 🙂
[15:13]   Tejpreet : Maybe the IPL causes the money to move from makets to betting and we get our 8600 🙂
[15:14]   r m : 🙂
[15:15]   Amit J : today fed minutes which is very very imp
[15:15]   Shai : fri is IIP
[15:15]   Shai : but after close
[15:20]   Porus : Shai, does high -ve delta lead to any conclusio for tomorrow?
[15:20]   Shai : ?
[15:21]   Porus : can we guage direction of mkt
[15:21]   Shai : -ve delta?
[15:21]   Porus : tomorrow’s direction based o todays negative delta
[15:21]   Shai : No delta is not intra day
[15:21]   Ashish : DVAH and DPOC are at same levels…any conclusion here
[15:22]   Shai : can be players from 5 days beack selling F and can mean negative delta also
[15:22]   Shai : long liquidation
[15:22]   Porus : Can we read anything into that for tomorrow?
[15:22]   Shai : we use delta only to check if momentum is there in a move intra
[15:23]   Shai : NOt really- not very reliable
[15:23]   Porus : ok, thankd
[15:24]   Janak : shai can buy 8700pe CF?
[15:24]   Ashish : do anyone trade Dow jones futures
[15:25]   Shai : No ashish dpoc can be anywhere in that value
[15:26]   Shai : so far from expiry day in NF – we have gone only once below VAL
[15:26]   Shai : even today did not go below poc
[15:26]   Shai : so sellers have a big job on their hands
[15:27]   Shai : quite the opp in BNF for past 3 days – so rises are being sold
[15:28]   Ashish : hmm
[15:30]   Shai : 8767 close
[15:30]   Shai : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Ashish : bye all
[15:30]   Shai : Have a nice evening
[15:30]   Tejpreet : Bye All
[15:30]   Ashish : see you tomorrow morning
[15:30]   Amit J : bye
[15:30]   Porus : bye
[15:30]   RK : thanks and bye all
[15:56]   Hemant : what kind of day has this turned out to be ?