OrderFlow charts and Notes 09/07/15

[08:45]   r m : Good Morning folks!
[08:45]   r m : http://vtrender.com/levels-and-plan-for-8th-july-2/
[08:45]   r m : http://vtrender.com/orderflow-charts-and-notes-2/
[08:45]   Porus : Hi RM and all
[08:45]   r m : Hi Porus
[08:45]   r m : http://vtrender.com/option-values-dt-080715/
[08:45]   r m : Nifty JUL Future levels | Key reference area 8325 | Hypo1 below 8325➜8286➜8260 SL 8355 | Hypo2 above 8410➜8451➜8496 SL 8364
[08:45]   r m : Banknifty JUL Future levels KRA 18404 | Hypo1 below 18404➜18306➜18215 SL 18525 | Hypo2 above 18595➜18693➜18765 SL 18495
[08:52]   Shailesh : GM all
[08:55]   Sharad : GM all
[08:55]   Manthan : Gmng Everyone
[08:56]   Manoj : gm rm
[08:56]   Manoj : gm all
[08:58]   r m : Hi Manoj
[08:59]   Srini A : GM All
[09:00]   Shai : GM all
[09:02]   Tejpreet : GM All.
[09:04]   Vikkas C : GM all
[09:04]   Ravi Chahal : GM all
[09:04]   Moses : GM All
[09:04]   Sankar : GM Shai, RM and everyone 🙂
[09:05]   r m : Hi Sankar
[09:06]   Shailesh : Shai any views before open?
[09:07]   Sudhakar : GM Shai,RM & All frnds
[09:08]   r m : Hi Sudhakar
[09:08]   Kris : GM All 🙂
[09:08]   Shai : same as the blog post
[09:08]   Sankar : GM Kris 🙂
[09:08]   r m : Hi Kris 🙂
[09:08]   Shai : watch 8393- 8404 F
[09:08]   Sudhakar : GM Kris
[09:08]   Shailesh : okk
[09:08]   Venkatesan : GM shai, rm, kris and friends
[09:09]   r m : Hi Venkatesan
[09:09]   Kris : Looks some one sold big at close.
[09:09]   Kris : Now that there is no gap down – may be a sell off for the first hour?
[09:10]   Venkatesan : rm the date seems wrong in the levels today
[09:10]   Venkatesan : 2day 9th nah
[09:12]   r m : Thanks Venkatesan, will correct that
[09:12]   Venkatesan : u r welcome
[09:12]   RK : Gm Shai,RM and all
[09:12]   Venkatesan : hi rk
[09:12]   r m : Hi RK
[09:12]   RK : Hi Venkat
[09:13]   Venkatesan : rm these lvn of which period, month 100 day?
[09:13]   Venkatesan : or 100 days or some period?
[09:14]   Venkatesan : can i get profile chart of these from 8787 to low of 7901
[09:14]   r m : should be month, the current series does not go beyond 60 days at this moment
[09:15]   Venkatesan : ok it possible to view in chart?
[09:15]   r m : @Venkatesan, every day profile chart is available in the moring post except the time when blog was under maintenance
[09:16]   r m : *levels & plan post
[09:16]   Venkatesan : than kyou rm
[09:16]   Sankar : Chart hasn’t refreshed yet.
[09:16]   Kris : cant see charts moving – same for all?
[09:16]   Sankar : just for me or for all?
[09:16]   r m : yes
[09:16]   Sankar : Okie 🙂 for all.
[09:17]   Manthan : all
[09:17]   Vikkas C : yes
[09:17]   Manoj : yes
[09:17]   r m : moving now
[09:17]   Venkatesan : ok now
[09:17]   Sankar : Tx.
[09:17]   Manoj : yes
[09:18]   Kris : did a very quick 40.5 to 45.2 in 8100PE 🙂
[09:18]   r m : 🙂
[09:18]   Sankar : Nice..
[09:18]   r m : you are faster than computers Kris 🙂
[09:19]   Sumit K : Kris – target and SL for your 8600 ce
[09:19]   Vikkas C : kotak 760 did anyone see it ?
[09:19]   Kris : @Sumit – 8300 break decisively – and we should be out.
[09:20]   Kris : I will keep updating.
[09:20]   Sumit K : ok Kris
[09:20]   Sandeep : kris 8300 ?
[09:21]   Shailesh : Vikkas yup it has spilt now
[09:21]   Kris : The idea is to look for volumes around that zone – and – 35-40 price zone in CE
[09:21]   Shailesh : 1 :2
[09:21]   Vikkas C : that i know shailesh ..but see the high of today and see CMP
[09:22]   Kris : not a good sign for bulls – getting rejected from 8416
[09:23]   Kris : with big red delta.
[09:23]   Shailesh : @Vikkas 720…nse
[09:24]   Shailesh : @Kris that was the range that shai mentioend na broadly
[09:24]   Vikkas C : 760.15 high in futures
[09:25]   Shailesh : umbdy sold in huge qty
[09:25]   r m : looks like OAIR, sleeping pill ? 🙂
[09:26]   Vikkas C : 🙂
[09:26]   RK : thanks RM got some work..can go out then 🙂
[09:26]   Kris : bad exit in PE 🙁
[09:27]   Tejpreet : Same here Kris had NF short at 8412 fot out 8392.
[09:27]   Shai : Sell NF 8374 sl of 8399 tgt 8325
[09:28]   Shai : can sell here also
[09:29]   Shai : some aggressive selling at te open
[09:29]   Shai : buyers still to respond
[09:38]   Sandeep : silence !
[09:39]   Manthan : Sannnaaaatttaaa! 🙂
[09:44]   Shai : buyers are responding again from same zone as yesterday afetrnoon
[09:44]   Manthan : Exit Long or Short??
[09:44]   Shai : auction looks locked here 8365- 8395
[09:44]   r m : exit NF shorts you mean Shai?
[09:44]   Shai : sorry – exit shorts over 8385
[09:45]   Nandesh : oh
[09:45]   Sankar : 8500 CE any SL to keep Shai? or exit at sterday’s low?
[09:45]   Nandesh : i m exit@cmp
[09:46]   Nandesh : shai
[09:47]   Venkatesan : shai vwap of july spot please
[09:47]   Rahul B : now i have put sl of 8387
[09:47]   Shai : Sankar exit the 8500 ce here- and keep a buy abv day high instead + 2
[09:47]   Sankar : Tx
[09:49]   Shai : Venkatesan 8395 spot
[09:49]   Venkatesan : thank you shai
[09:50]   Sankar : Another dumb question. vwap is based on volume and price. how we can find vwap in spot?
[09:51]   Rahul B : if nifty spot breaks 8346 than more aggressive selling will some
[09:51]   Venkatesan : simple vol of 50 indi stocks? am i correct sankar?
[09:52]   Srini A : @Sankar, I generally check it it NSE get quote tab. Is there any other way to find out?
[09:53]   Shai : Sankar the system adds up volumes from NF auto for me
[09:54]   r m : so basically spot vwap is front month vwap?
[09:54]   Shai : yeah current is
[09:54]   r m : thanks
[09:54]   Kathir : GM Shai RM all fiends
[09:55]   Shai : but I add from expiry day thurs morning
[09:55]   r m : ok
[09:55]   Sankar : Ok. yeah volume is required to calculate vwap, hence was wondering how in spot, bcoz it doesn’t have volume.
[09:55]   r m : Hi Kathir 🙂
[09:55]   Sankar : @Venkatesan,Srini, I am not aware of finding a way of vwap for spot, hence asked :).
[09:56]   Shai : NF is getting a response from the spot where the afternoon buyers showed up- but this morning sellers holding up 8385 and abv
[09:57]   Srini A : @Sankar, I misunderstood your question – I thought it was to find VWAP on stocks and not index. Yours is a very good question
[09:57]   Venkatesan : I too srinin we are sailing in the same boat
[09:58]   Venkatesan : I guess if your some intrument and it changes then some vol will be there
[09:58]   Venkatesan : if you price some instrument, and if the price changes then there must be some vol , which drive the P
[09:59]   Srini A : May be it is aggregation of traded cash volume of all Nifty 50 stocks
[10:00]   Sankar : Ok.
[10:03]   Shai : 8355
[10:09]   Shai : Open is kind of an ORR but at a slower pace and lower vols
[10:09]   Shai : vwap is still the key along with 8385
[10:10]   Tejpreet : So above 8385 a quick trade till 8416.
[10:10]   Vikkas C : tryig to repair the poor low 1st shai and then the poor high ..hopefully
[10:11]   Shai : yes – to 8410 hence brought that sl down
[10:12]   Shai : you can see the buyers there even on today’s falling prices , hence the drop is not appearing smooth
[10:12]   Vikkas C : YES
[10:13]   Rahul B : any change in SL
[10:13]   Abhishek : hi thanks a lot. this is awesome. great work Vtrender team. Happy to be here.
[10:13]   Shailesh : shai after repairing poor lows we might see a spike later in the day ?
[10:13]   Venkatesan : friends what is uses of pi bridge in zerodha, how to use athat
[10:14]   Tejpreet : Still confused about npoc and dpoc …..can yu clarify Shai.
[10:14]   Porus : where is the poor low?
[10:14]   Porus : rm?
[10:14]   r m : PDL Porus
[10:14]   Porus : ok
[10:14]   Shai : Rahul we will take out part at VAL near 8351 now and trail risk free at cost
[10:15]   RK : Tej 8338is the nPoc from 30th profile..
[10:15]   Venkatesan : rm what is the usese of pi bridge offfered by zerodah? any idea
[10:16]   Tejpreet : what is the difference between them…
[10:16]   r m : dpoc is developing (today’s), npoc is naked (not traded after forming the poc)
[10:16]   RK : once the auction scaled above tha Poc is not yet conquerred
[10:16]   RK : rest all done..I mean rest poc of profiles after 30th is done
[10:17]   r m : since npoc are updated on weekly basis, they remain on the chart till next week
[10:17]   Tejpreet : Ok …got it….thanks.
[10:17]   r m : (*** Private to Venkatesan ) Pi bridge is for ordering straight from charting software
[10:18]   Shai : npoc’s should go away by the close of the session Have to find out why they want to stay 🙂
[10:18]   r m : lol
[10:18]   Venkatesan : thank you rm
[10:18]   r m : persistent chaps these naked guys 🙂
[10:18]   r m : npoc i mean 😀
[10:18]   Shai : Becuase these are daily values even if they are taken out on intra day they will still show on chart by close
[10:19]   Shai : just for ref
[10:19]   Shai : but they should be gone next session and new ones to be formed
[10:20]   RK : but still this 8338 not taken even on intra basis.
[10:23]   Shai : yes was not visisted
[10:23]   Shai : 8338 is F
[10:24]   Shai : lol RM and I thought using virgin was a more dangerous word 🙂
[10:24]   r m : lol
[10:25]   Srini A : Lol 🙂
[10:26]   Abhishek : can i enter into shorts now
[10:27]   Shai : no not here
[10:27]   Abhishek : k
[10:37]   Vikkas C : such big green delta
[10:43]   Tejpreet : What are the letter O in the last Nifty composite profile?
[10:43]   Manoj : 8385 tsl hit 🙁
[10:44]   Kathir : @shai is there any possibility for bnf to go to todays high’s now
[10:44]   r m : O is the opening letter for that period
[10:45]   Tejpreet : OK so currently we have 3 O for period D E F
[10:46]   Manthan : Above Open Longs safe??
[10:46]   Rahul B : NIFTY SL GOT TRIGGERED
[10:47]   Rahul B : SHAI GUIDE ME
[10:48]   Shai : yes sl taken- 11 points
[10:48]   Rahul B : OK
[10:48]   Manthan : Shai, above open Longs can be Initiated?
[10:48]   Rahul B : AT 8386 IT GOT TRIGGERED
[10:48]   Shai : no we are looking for a clean move abv 8404
[10:49]   Manthan : cool
[10:49]   RK : Rahul pls avoid Caps
[10:53]   Shai : one seller right at the top 8390
[10:54]   Shai : but buyers seen coming back from 8350
[10:54]   Shai : all greens
[10:58]   Shai : Chinese short sellers are in jail today and shorts here are scared too 🙂
[10:58]   Manoj : lol shai
[10:58]   Augustin : ha ha.. Good one
[10:58]   Sankar : lol. really.
[10:58]   Kathir : lol
[10:58]   Sankar : stories on chinese market are really funny.
[10:58]   r m : shorts in jail, longs bankrupt – have your choice 🙂
[10:58]   Shailesh : lol 🙂
[10:58]   Sudhakar : lol
[10:59]   RK : RM quote of the year 🙂
[10:59]   Kathir : lol rm
[10:59]   r m : 🙂
[10:59]   RK : ROFL
[10:59]   Shai : lol
[10:59]   Madhav : lol
[10:59]   Sudhakar : @RM good one lol
[10:59]   Kathir : @rm brokers enjoy 🙂
[10:59]   Shai : index was up 5% though- looks like govt pocketed an easy 5%
[11:00]   RK : Shai must be brokers who came for rescue 🙂
[11:00]   Augustin : lol RM
[11:00]   r m : @Kathir, brokers are the first to go under normally, the one who indulge in sharp practices 🙂
[11:01]   RK : Brokers know very well when to jump in..when all clients accounts gone for toss, they will pump in 🙂
[11:02]   Kathir : 🙂
[11:02]   RK : one broker known to me has a system to place orders exact opposite of his top losing clients and makes good money 🙂
[11:03]   Kathir : @RK nice startegy no chart no technik required
[11:03]   RK : nothing.nothing..but sure money 🙂
[11:03]   Augustin : Brokers are best positioned to make the most of Stock Market
[11:03]   RK : His logic is simple..Sheeps never win in a long run 🙂
[11:04]   Augustin : Brokerage from winners/ losers.. access to trades from top winning trader
[11:04]   Varun : rk thts called dabba
[11:04]   Varun : casino wins
[11:04]   Varun : so he wins
[11:05]   RK : Just last month one person from Perundurai Kathir..lost 1.5 crores in Crude..you cant believe all just through sclaping for 5-10 points in big lots in a single day..happened in Erode your city 🙂
[11:06]   RK : true Varun
[11:06]   Varun : you know who wins in india since last 4 yrs
[11:06]   RK : this is the only reason I never entered into broker office in my life ..they will spoil you 🙂
[11:06]   Varun : govt is the new casino
[11:06]   Kathir : RK oh god is it ..
[11:07]   RK : Yes..some oil mill owner from perundurai
[11:07]   Varun : take out a intrad day traderrs loss account
[11:07]   Varun : subract brokerage + tax from it
[11:07]   Varun : he will be in profit
[11:07]   Varun : therefore in earlier times as one punter made money, first thing he owuld do is buy a nse ticket
[11:07]   RK : Varun heard that some people design software to do such traders
[11:07]   Varun : stt killed tht also
[11:07]   RK : trades
[11:08]   Varun : stt , taxes sucking all the money frm market
[11:08]   Varun : without ppl realising it
[11:08]   RK : Varun and we have Stamp duty the highest in country..
[11:09]   Kathir : yes RK 0.06 600 rs for 1 crore total transaction
[11:09]   RK : our stamp duty is 1 rs per lot of NF 🙂
[11:09]   Varun : if i plat cards in a room and take out x amount from it, most likely after a month everyone will be in loss
[11:09]   Varun : play*
[11:09]   Varun : x amt from each game
[11:10]   Varun : thts a casino and mrkts
[11:10]   RK : yes
[11:11]   Augustin : but we all still have a reason to continue doing this 😉
[11:11]   Varun : ya increase the probabilty
[11:11]   Venkatesan : (11:07) Varun :subract brokerage + tax from it M VARUN u r exacly right,
[11:11]   Varun : take it to 75 %
[11:11]   Varun : else 60/40 is even steven
[11:11]   Varun : and below it no use
[11:12]   Sankar : Since it started today, and NF not doing anything, will ask today itself. Thought of asking at end of the month.
[11:12]   Venkatesan : so far trading loss is almost nil, but i paid 20 % of my capital as brokerage and taxin the last 7 months
[11:12]   Varun : i have run terminals
[11:12]   Varun : i have clients p n l ac
[11:12]   Sankar : Without the cost, my trades taken here are in profit.. the cost ate up all the profit.
[11:12]   Varun : this is the story always
[11:13]   Varun : thts the mystery of stock mrkts
[11:13]   Tejpreet : Guya add up internet , subsctiption , data vendor charges also.
[11:13]   Sankar : Theoritically, now with NF lot size at 25, 3 points is the cost in zerodha.. daily if we take 2 trades, whether we win or not 40 trades => 120 points goes as cost..
[11:13]   Varun : thts rent fro ur office
[11:13]   Sankar : is this normal?
[11:13]   Sankar : Seeking all ur experienced thoughts on this.
[11:14]   Varun : increase the probabilty and thts it
[11:14]   Varun : no other way to fight this demon
[11:14]   Kathir : @sankar for two trades you loose 3*2 = 6 pints
[11:14]   Varun : have to take it to 75/25
[11:14]   Varun : try till u reach thr
[11:15]   Varun : and only mp can take it there
[11:15]   Tejpreet : Those who trade heavy can go for fixed brokerages unlimited plans to save.
[11:15]   r m : yes, our energy should be spent on increasing the probability and profits 🙂
[11:15]   RK : thats the beauty of this..we need to upgrade and update ourselves as same as brick mortar business..just staying in the game for years will lead to quitting only..
[11:16]   Sankar : brokerage is not an issue, zerodha is just 20+20 per trade. but with STT and all, easily 75 Rs per lot (3 points) comes as cost.
[11:16]   Varun : stt is the govt casino
[11:16]   Sankar : ok.
[11:16]   RK : like in any business you become compose and cool once get a experience and take matured decisions and dont rush for opportunities..same applies here..rushing for each and every entry and making bad exit means..game over
[11:16]   Varun : add to rk, which i didnt implement yesterday
[11:17]   Varun : if u get profit early, avoid more trades
[11:17]   Varun : if u fell u;ll be lucky 4th 5th time
[11:17]   Varun : ull blow it off
[11:17]   RK : yes greedy part..very imp in any actual business..
[11:17]   Sankar : @RK, so reducing trades seems attractive. Increasing probability may come with experience, but we have to stay in business till gaining that experience.
[11:17]   Varun : concentrate on one good trade for the day
[11:17]   Shailesh : Varun yesterday was like the same
[11:17]   Varun : like ur best short
[11:17]   Varun : and thts the toughest for mind
[11:17]   Varun : TO WAIT
[11:18]   Varun : i had 30 % return on capital yesterday
[11:18]   Varun : wanted 3-4 ib
[11:18]   Varun : to make it 50 %
[11:18]   Augustin : Sitting sidelines with cash is the biggest and toughest quality to develop
[11:18]   RK : when you accept business, you workout your margin and take business..just plan the work only for that margin..greedy will take you away from business :)..hard learnt lessons but still very very hard to follow them..still managing to walk on the rope 🙂
[11:18]   Varun : end up 10 %
[11:18]   Augustin : Am still trying to acquire that quality 🙂
[11:19]   Varun : today best trade was sella t 8416
[11:19]   Varun : it came early
[11:19]   Venkatesan : lol @ varun a bird in the hand is better than two in the bush
[11:19]   Varun : cos it was a vah of inside day with pdt down
[11:19]   Varun : sometimes u have to wait till 1.30 for it
[11:19]   Varun : to come
[11:19]   Varun : done tht
[11:20]   RK : Varun getting 10% on capital in a single trade itself me feeling too agressive..am inching in small and small steps 🙂
[11:20]   Varun : nw i promise not to trade more
[11:20]   Varun : no i had options
[11:20]   Varun : shorts
[11:20]   RK : just saying 🙂
[11:20]   Varun : when i saw mtm it was like boom 30 %
[11:20]   Varun : saw a trap at 42, still didnt book
[11:20]   Varun : and it pinched me the entore day
[11:21]   RK : that happens..MTM figures mostly drag into trap instead bookig
[11:21]   RK : booking
[11:21]   Augustin : that extra profits we always want 🙂
[11:21]   Sankar : 30% on a day, I will close entire week :D. lol. that was a good day for u.
[11:21]   Varun : i ended with 10 and brojkerage made it 6
[11:22]   Sandeep : how do you see Nifty moving today from here
[11:22]   Varun : so i was a loser in whole cos i over traded to get bac to 30
[11:22]   Varun : ended up screwing it
[11:22]   Sandeep : in a very tight range since morning
[11:22]   RK : bottom line is, sharp longer, aim longer but when you shoot try to get most of it
[11:22]   Varun : i think we will not go out of value
[11:22]   Varun : close neutral
[11:22]   Sandeep : okay
[11:23]   Varun : take care
[11:23]   Varun : done with my rants
[11:23]   Sandeep : no its fine
[11:23]   Sandeep : good to take it out
[11:23]   Varun : will join in sometime, its aboring day
[11:23]   Sandeep : than keeping it all bottled up
[11:23]   Sandeep : most welcome
[11:24]   Venkatesan : nice experiecne sharing varun thanks
[11:24]   Sankar : Tx Everyone for sharing ur experience/thoughts.
[11:24]   Sankar : (11:22) RK :bottom line is, sharp longer, aim longer but when you shoot try to get most of it
[11:25]   Sankar : @RK, please can u explain this? Sorry cudn’t understand completely.
[11:26]   Kathir : bnf near days high but nf now where near
[11:26]   Kathir : sbi taking bnf up
[11:27]   RK : SAnkar just wanted to say instead of running over all the trades, try to form some rules or guidelines for selection of trades so your chance of wining more..
[11:28]   r m : Sankar, take your time in preparation for trade but once in try to extract maximum juice 🙂
[11:28]   Sankar : Tx. so reduce trades/cost.
[11:28]   RK : as simple as winners from uniformity against losers from random trades
[11:29]   RK : its like calling all heads in 10 tosses and calling heads and tails randomly in 10 tosses..you know will have higher chance of wins
[11:29]   RK : *which will
[11:30]   Kathir : @RK please give some heavy drugs for the morning sellers NF in ur hospital 🙂
[11:30]   r m : oops, did not know that RK was already replying, this chat delay makes life awkward 🙂
[11:30]   RK : me itself in drug kathir..had pongal as breakfast..can’t sit 🙂
[11:30]   RK : RM thats ok..your reply would be more apt 🙂
[11:30]   Augustin : RK – I just had full meals.. Imagine!!! 😉
[11:31]   Venkatesan : lol @ rk
[11:31]   Sankar : 🙂
[11:31]   Sankar : Tx RK, RM.
[11:31]   Kathir : 🙂 rk
[11:31]   RK : Augustin too early for a meal 🙂
[11:31]   Augustin : Brunch 🙂
[11:31]   Augustin : saving time 😉
[11:31]   Venkatesan : augustin in singapore
[11:31]   Augustin : Chennai only 🙂
[11:32]   r m : 🙂
[11:32]   Venkatesan : :)) so brunch
[11:33]   Kathir : anyone knows TCS resut time today?
[11:33]   Manoj : TCS eve 5;30
[11:34]   Kathir : ok manoj thanks
[11:34]   Porus : Kathir, conf call at 5pm. So results may be after market.
[11:34]   Kathir : ok porus thanks
[11:38]   Kathir : sellers again ?
[11:40]   r m : (*** Private to RK ) Amit sent a msg after months, TCS is a buy 🙂
[11:50]   Sumit K : inside day
[11:55]   Vikkas C : looks again mkt is back to old ways..giving a spike in the last 45 mins
[11:57]   Shai : yes locked in value so far
[11:57]   Shai : Open shows rejection as well as a respnse from VAL
[11:58]   Augustin : @Shai – One visit to day’s high possible?
[11:58]   Shai : 8390 to 8410 is a trade with sl of vwap
[11:58]   Shai : but flat here
[11:58]   Porus : DAX/DJI F up. China HK up
[11:59]   Porus : Shai, if NF drops now, how far could it go?
[11:59]   Augustin : Tks
[12:00]   Shai : 8325/ 8288
[12:00]   Porus : tks
[12:11]   Vikkas C : we have no open trades in NF and BNF right ?
[12:15]   Porus : Shai, what is implicatio of fall in dval in nf?
[12:15]   Shai : No open trades- we are waiting post europe
[12:16]   Shai : Porus if you see agg greens here it will show vwap again
[12:16]   Porus : So the yellow line falling has no meaning by itself?
[12:18]   Shai : no – not on low vols
[12:18]   Porus : ok tks
[12:18]   Shai : it’s drifing actually
[12:18]   Shai : you see vol cross 6 L in 15 min candle then take a note
[12:19]   Porus : ok
[12:19]   Shai : at 2.4- 2.8 this is just locals playing the points- No OTF
[12:19]   Soumya : Is 6L always a volume to watch out on 15 mins TF?
[12:20]   Shai : yes has been a good avg
[12:20]   Shai : 2.53 L is 5 min avg
[12:21]   Hemant : G’day folks 🙂 Hope I didnt miss much
[12:21]   Shai : 62 K is 5 min for BNF
[12:22]   r m : @Hemant, you have turned up at the right time for Europe open 🙂
[12:23]   Hemant : Just got the internet connection restored RM 🙂 rains can take out a lot many services
[12:24]   r m : ok 🙂
[12:25]   Venkatesan : hemant rain and 3G comes formthe air, so u will get one at a time
[12:25]   Vikkas C : shai what volumes to watch for BNF in 15mins
[12:26]   Kiran : The volumes in blue bkground at bottom in middle chart right ?
[12:26]   Soumya : thank you shai
[12:27]   Hemant : @Venkat, 3G is much away, 2G too is acting funny
[12:27]   Hemant : Gets all tied up in the clouds 🙂
[12:28]   Shai : Volumes is the top row in the 15 min chart 9second)
[12:28]   Shai : top row from bottom
[12:29]   Kiran : correct. Got it.
[12:29]   Venkatesan : ;))) @ heymant
[12:31]   Hemant : Is this the silence before the storm?
[12:34]   Venkatesan : shai cn you plesae post monthly profile of Nifty in you site
[12:35]   Shailesh : Shai wht shud be the average volume in BNF for a 15 min candle ?
[12:38]   r m : @Venkatesan, Shai normally posts composites based on balance formation, unfortunately balance formation is not time specific like weekly or monthly
[12:39]   r m : easy to post monthly profiles but may not be as useful for index trading as composites based on balance
[12:46]   Tejpreet : (12:45) Tejpreet :RM another query about the marketcall MP afl in parameteres it says TPO count , what are these two count values we get on top n bottom of the range?
[12:46]   Venkatesan : composite will give you a birds eye view of the entier market , rm, only for underdtanding the market, if you have practical difficulties then fine,
[12:47]   r m : ok Venkatesan
[12:47]   Abhishek : Tejpreet TPO Counts are Sellers and Buyers
[12:48]   r m : (*** Private to Tejpreet ) in good old days TPOs were counted to calculate 70% value area and POC, a legacy from those days, now it is automatically done by formula 🙂
[12:51]   Tejpreet : Ok abhishek . (12:46) r m:yep, how many tpos above poc, how many below
[12:51]   Shai : Venkatesan : http://vtrender.com/nifty-and-banknifty-monthly-profiles/
[12:52]   Shai : Buy BNF 18555 and at 18510 sl of 18460 tgt 18595 and 18640
[12:53]   Shai : Don’t trade ragish qty as mkt not very directional
[12:53]   Shai : largish
[12:54]   Ashish : Good afternoon all….
[12:54]   Venkatesan : lovely , thank you shai
[12:59]   Hemant : NF remains in no buy zone Shai?
[13:00]   Kathir : euopre up 1%
[13:02]   Shai : NF small qty buy abv 8390 for 8410 sl of 8373
[13:02]   Shai : not here
[13:03]   Hemant : Ok Shai, tyvm 🙂
[13:09]   Shai : BNF met a seller right at the top
[13:10]   Manoj : enter bnf now ???
[13:10]   Shai : if not in – wait
[13:10]   Manoj : ok
[13:10]   Shai : we will take an exit near 18565
[13:11]   Shai : taht 1025/ 8475 at the tp in BNF is the second time it is being sold there
[13:12]   Shai : don’t buy the second lot in BNF
[13:12]   Shai : Keep an exit order at 18565 in BNF
[13:14]   Hemant : Done
[13:18]   Tejpreet : Yesterday buyers being tested.
[13:19]   RK : volumes picking up
[13:22]   Sudhakar : @shai 1to 1.20 dip?
[13:28]   Suyash : this 15min bar from 1315 to 1330 has crossed 6L volume. Shai what could be the inference from this?
[13:34]   Shai : some vols coming back
[13:34]   Shai : that’s the inference
[13:34]   Shai : let’s see if it continues
[13:34]   Suyash : ok thanks. Let’s see if there’s a follow through
[13:35]   Shailesh : nifty buyers showing response
[13:35]   Srini A : @Shai, Should we hold on BNF longs?
[13:36]   Sandeep : shai holding some shorts in nifty options ,keep holding ?
[13:36]   Hemant : Shai mentioned to exit it at 18565
[13:37]   Abhishek : got out
[13:39]   Shai : clear BNF – we got cp+ brokerage
[13:39]   Shai : Srini exit
[13:40]   Srini A : Sure Shai
[13:40]   Shai : NF has buyers but they are not pulling it up
[13:40]   Shai : and can say lack f selling below 8370
[13:42]   Vikkas C : so shai shud we enter some otm calls here like what kris had mentioned in the mrng 8600ce
[13:43]   Shai : yes can speculative qty
[13:43]   Shai : I’m not getting price conf
[13:43]   Vikkas C : ok master 🙂
[13:43]   Shai : price conf abv 8393- 8404
[13:45]   Hemant : dvah,npoc,dpoc,poc are having a house party here 🙂
[13:45]   r m : 🙂
[13:45]   Shailesh : Shai one question…as of now nifty is not going anywhr…whch side the brk out can happrn?
[13:45]   Kathir : 🙂
[13:45]   Manoj : i think on up @shailesh
[13:45]   Vikkas C : million dollar question shailesh
[13:45]   Shailesh : ok for longs..and for shorts
[13:46]   Shailesh : yup got it Vikkas
[13:46]   Shailesh : hahaha 🙂
[13:46]   Vikkas C : haha
[13:47]   Madhav : only if i knew the answer i would book myself an aprilia rsv4
[13:49]   Kathir : @Madhav actually i thought it is kind of rocket something..its a bike 🙂
[13:49]   Shailesh : so its turning green now..
[13:49]   Madhav : ha ha lol
[13:49]   Kathir : whats is its cost madhav
[13:49]   Shai : Buy NF for 8403 sl of 8348 cmp 8371
[13:49]   r m : tomorrow post market IIP data, next week Mon CPI, Tue WPI
[13:49]   Madhav : @kathir around $20000
[13:50]   Kathir : wow great..all the best ..buy it soon
[13:50]   Madhav : i luv bikes so my dream will be to buy a nice bike
[13:50]   Madhav : dude I am trading from 2yrs and have’nt earned a dime to be really honest
[13:51]   Madhav : but still have not lost hope
[13:51]   r m : @Madhav, will have to buy a road as well to drive it on 🙂
[13:51]   Madhav : working on a strategy
[13:51]   Hemant : lol @RM
[13:51]   Kathir : madhav aftr 7 yrs have not lost hope
[13:51]   Manoj : my dream is to Bcame a Doctor after i earn frm here
[13:52]   Hemant : And get it named after Nifty.. Nifty Marg or something 🙂
[13:52]   Madhav : of course i won’t be staying in a crowded place if i am earning that kind of momey
[13:52]   Madhav : money*
[13:53]   Kathir : @manoj after earning money Doctor means you are going to buy dr degree 🙂
[13:53]   Madhav : awesome @ kathir it gives me confidence
[13:53]   Manoj : no i could nt do cozz of money
[13:54]   Kathir : @madhav yes market is always here
[13:54]   Kathir : @manoj ok all the best
[13:54]   Hemant : BNF took out that seller
[13:54]   Manoj : thnks
[13:54]   Madhav : @ manoj all the best man
[13:55]   r m : @Madhav, easy to live in a better place but very difficult to find a road worthy of Aprilla in India, unless you sneak into airport runways 🙂
[13:55]   Kathir : @manoj RK become a doctor after trading for few years
[13:55]   Kathir : stock doctor
[13:55]   Madhav : it’s basically built for a track
[13:55]   Sankar : RK will send his patients 😉
[13:55]   Madhav : it’s just a dream
[13:55]   Vikkas C : haha @kathir
[13:55]   Madhav : i would be happy to ride it for a week or a month
[13:56]   Madhav : dats it
[13:56]   r m : yes
[13:56]   Manthan : Shai, BN 🙂 and u were right there on time
[13:56]   Kathir : @madhav you can always ask help from RM if you need any assitance to ride your bike inside airport 🙂
[13:57]   Tejpreet : Lol
[13:57]   Hemant : lol @Kathir
[13:57]   r m : I am happy just looking at it’s picture Madhav 🙂
[13:57]   RK : Patients are divided today..some in ICU and some ready for admission and some for discharge 🙂
[13:57]   Madhav : oh first i need rm t help me buy that bike first
[13:57]   Madhav : pls rm tell me long or short
[13:58]   Kathir : @RK your patient TCS doing wonders ..stock price up 5 rs from where i bought CE but ce down 6 rs 🙁
[13:58]   Madhav : on a serious note i lack discipline and i have to seriously do sumthing abt it
[13:58]   r m : above vwap alway long Madhav 🙂
[13:58]   Madhav : ok
[13:58]   Madhav : will make a note of it
[13:59]   r m : but that is a stock reply, don’t take position based on just that 🙂
[13:59]   RK : Kathir ahead of event..too much inventory
[13:59]   Madhav : i want to stick to only nf
[14:00]   Madhav : but at times i get into stock futures and lose money because i don’t have the risk appetitte
[14:00]   Madhav : big issue
[14:00]   r m : Madhav’s bike – http://tinyurl.com/opt69jh
[14:01]   r m : dil khush hua 🙂
[14:01]   Madhav : ha ha it’s the old version see new verson
[14:01]   r m : ok 🙂
[14:02]   Madhav : http://www.revzilla.com/common-tread/2015-aprilia-rsv-4-rr-and-aprilia-rsv-4-rf
[14:02]   Manoj : mkt ko aapki bike nahi pasand ayi it fell 20pt
[14:02]   Tejpreet : Shai what kind of close can be expected from current MP in NF.
[14:02]   Madhav : lol doctor saab market ko aap thik kardo fir daudegi
[14:03]   Manoj : ha ha i wish i could 😉
[14:03]   Vikkas C : vwap close
[14:03]   Vikkas C : @TEJ
[14:03]   Tejpreet : Ok Vikkas.
[14:04]   r m : 2:30 game still left, too early to call close
[14:05]   Vikkas C : agreed RM
[14:05]   Sandeep : rm do you have rsi live chart
[14:06]   Kathir : @RM madhav’s bike doeant have option to take girl friends allong with
[14:06]   r m : you mean rsi indicator?
[14:06]   Sandeep : ya
[14:06]   Vikkas C : isnt the time passing tooo slow today
[14:06]   r m : @Kathir, modern GFs don’t need much space 😀
[14:06]   Sankar : lol.
[14:07]   Kathir : lol – read madhavs girl friend
[14:07]   r m : @Sandeep, sorry, I have forgotten all about indicators since being charmed by MP 🙂
[14:07]   Sandeep : okay, thanks
[14:08]   Sankar : Look at BNF.. sterday was DD.. today all right in the middle 😀
[14:08]   Madhav : gf ko bike pe nahi kahin aur bithate hain 😉
[14:10]   Madhav : ok rm no call for nf yet right
[14:10]   Vikkas C : shai can we take ant positional calls in BNF
[14:10]   Madhav : shai any calls for nf
[14:10]   Vikkas C : like a 19000ce
[14:10]   r m : calls by Shai or Kris only
[14:10]   Madhav : rm any calls for nf
[14:11]   Kathir : @madhav already long from shai
[14:11]   Madhav : ok
[14:11]   Hemant : 8403 NF is the target here Madhav
[14:11]   Vikkas C : RM one rquest can we have the NF and BNF calls in the annoument tab as due to the genral chat they get hidden then
[14:11]   Madhav : ok thx
[14:11]   Kathir : @madhav – 13:49 Shai : Buy NF for 8403 sl of 8348 cmp 8371
[14:12]   Porus : Shai, has y’day’s poor low ben reaired?
[14:12]   Madhav : sl is day’s low
[14:12]   Kathir : 8348
[14:14]   r m : @Vikkas, sure
[14:14]   Vikkas C : thanx RM 🙂
[14:16]   Ashish : IB high in BNF
[14:17]   Abhishek : got out in BN as there was no conviction… now at IB High
[14:18]   r m : yep, ditched us and ran away 🙂
[14:18]   Hemant : Would’ve been a great trade that
[14:18]   Abhishek : yup Now NF doing same.
[14:19]   Hemant : Quantities must be controlled in such situations 🙂
[14:20]   Vikkas C : emotional atyachaar days
[14:21]   Vikkas C : as shai said a few sessions back such days drains us mentally
[14:21]   Hemant : Atyachaar might turn into b*****kar on such days bro
[14:22]   Abhishek : yeah right…
[14:23]   r m : is nacheez ne bhee to bola tha OAIR = sleeping pill 😀
[14:23]   Vikkas C : yes RM 🙂
[14:23]   Hemant : lol @RM Janab, aaj shayari ke mood mein 🙂
[14:24]   Varun : test
[14:24]   r m : aur kya karein, nf to atal hai 🙂
[14:24]   Varun : wazz up
[14:24]   Hemant : Aayega RM, aaayega.. aaj nahi to kal
[14:24]   Sandeep : time pass
[14:24]   Madhav : jobbers day
[14:26]   Vikkas C : ssup varu
[14:26]   Vikkas C : *varun
[14:26]   Varun : test, is my msg reaching instant
[14:26]   Vikkas C : yes
[14:26]   Varun : thnks
[14:26]   Vikkas C : 🙂
[14:26]   Hemant : Buyers getting tested again and again ? They might just vanish if they are kept at it (yawn)
[14:27]   Sandeep : yes varun
[14:28]   Nandesh : shai can i put sl of nifty
[14:28]   Shailesh : SL hit
[14:28]   Vikkas C : seethe buyer at 8345
[14:29]   Vikkas C : 99850
[14:29]   Hemant : Must be luck, mine got saved somehow
[14:29]   Nandesh : shai????
[14:29]   Hemant : lucky* i meant
[14:29]   Nandesh : can i exit
[14:29]   Manoj : aur ek sl hit
[14:29]   Abhishek : yes buyer resporonding 8344
[14:29]   Ashish : should test VWAP now..
[14:31]   RK : how many bought at band considering repair of poor low and SL below KRA?
[14:31]   Tejpreet : 8400 CALL at 103
[14:32]   Porus : so the PL met only now?
[14:32]   Vikkas C : i got into 8600ce Tej
[14:32]   r m : I somehow prevented myself from shorting below IBL RK 🙂
[14:32]   Ashish : I am in RK but after seeing the green at bottom of 5 min.,candle
[14:32]   Nandesh : shai
[14:32]   RK : lol RM
[14:32]   Ashish : Should have considered that RK
[14:33]   Rahul B : sl triggered in nifty position nil
[14:33]   Manthan : BN Bulls must be knowing something:)
[14:33]   RK : thats fine Ashish..lets see if we can save this trade..want VWAP to get out
[14:33]   Nandesh : r u there?
[14:34]   Ashish : yes, Rk looking for Vwap only 🙂
[14:38]   Ashish : one more green..
[14:38]   Vikkas C : so the poor is repaired ..now time for the poor high
[14:38]   Vikkas C : *poor low
[14:39]   Ashish : that would be fantasticooo vikas
[14:39]   RK : was expecting inside day..will quit if 8335 goes
[14:39]   Vikkas C : 😉
[14:39]   Vikkas C : RK make that 8325
[14:40]   Vikkas C : 2.30 15mins candel also has good volumes
[14:40]   RK : anticipatory so no risk 🙂
[14:40]   Vikkas C : aslo the present candle showing good strength ..hope this keeps building up here on
[14:40]   Manoj : BSE Complets 140 Years 10 Largest Stock Excange in world in terms of Mkt Cap
[14:41]   Manoj : Issi Baat pe thoko BSE ko
[14:43]   Shai : NF we are out
[14:43]   Manoj : yes
[14:43]   Manoj : sl hit
[14:43]   Nandesh : still i m long in nf
[14:43]   Nandesh : what can i do ?
[14:43]   RK : Nandesh 8348 was SL
[14:44]   Porus : Shai, ideally the poor igh should be repaired today or tomorrow?
[14:44]   Porus : *high
[14:45]   Shai : Porus no poor highs
[14:45]   Vikkas C : yesterdays profile no poor high shai ?
[14:45]   Madhav : so much green but no upside movement in nf
[14:46]   Hemant : Kris, are you adding the 8600 CEs?
[14:48]   Shai : Madhav not every time all the buyers seen are intra dayers- could be longer tf absorbing for a bigger view
[14:48]   Shai : yesterday’s OI data did not show a lot of new selling
[14:49]   Madhav : ok
[14:49]   Shai : but yes there has been a strugge to climb up
[14:49]   Shai : struggle*
[14:49]   Porus : Shai, does it seem that the 8340 buyer is back?
[14:50]   Shai : under pressure here
[14:50]   Shai : as we are below IBL and vwap
[14:50]   Sudhir : buying call 8300 advisable pcr indication?
[14:50]   Shai : Sudhir I don’t track pcr
[14:51]   Vikkas C : @RK are u out ?
[14:51]   Varun : shai cn u refresh data
[14:52]   Tejpreet : Are those avg volume of 6 L enough to expand vwap bands or higher vol needed?
[14:52]   Varun : higher needed
[14:52]   Tejpreet : Ok Varun
[14:53]   Varun : this 96800 mite be a top trigger
[14:53]   RK : nope
[14:53]   Varun : stop trigger
[14:53]   Abhishek : i think so too
[14:53]   Varun : ahhaha
[14:53]   Hemant : Woah!
[14:53]   Varun : ref for all trades now
[14:53]   Varun : this 96800
[14:53]   Varun : if he gets exit bearsih
[14:53]   Vikkas C : damnnn what happend
[14:53]   Varun : else trao
[14:53]   Hemant : Seller right at the bottom
[14:54]   Shai : trapped
[14:54]   Varun : bt shai if he gets an exit, we r going big down
[14:54]   Sudhakar : @shai aiming for bigger move ?
[14:54]   Varun : i think its a poc also
[14:54]   Varun : ref point
[14:54]   Varun : of a bell curve
[14:55]   Hemant : The buyer disappeared with refresh 😛
[14:55]   Shai : yes vpoc
[14:55]   Varun : ya its thr in black
[14:55]   Varun : cool
[14:55]   RK : how these all fall in one place 🙂
[14:55]   Varun : lets wait for a spike till vwap now
[14:55]   Abhishek : what happened there
[14:55]   Shai : 8370 is a good close here
[14:56]   Shai : sl is 8330
[14:56]   Shai : prominent POC
[14:56]   Shai : and tomorrow could be fast fingers at open
[14:56]   Shai : 100 either way
[14:57]   Manoj : ohh ok
[14:58]   Hemant : I’m ordering some BP pills 🙂 Dr. RK BP has spiked already 🙂
[14:59]   Abhishek : shai whats that 96800 mean in 5min TF
[14:59]   Abhishek : SL triggered and back to my price again
[15:06]   Vikkas C : bnf holding on and nf not stopping ..
[15:06]   Vikkas C : whats going on man
[15:08]   Hemant : EU is green, everything seems to be on track and NF screws it up hanging upside down
[15:10]   Venkatesan : hemant indian mkt isolated form the world
[15:10]   Tejpreet : Shai carry longs into tomorrow …futures are up europe green …but today second close below 8380 support lvl plus tcs result post mkt.
[15:11]   Shai : BNF not broken yesterday lows
[15:11]   Shai : seems stronger here
[15:11]   Shai : if there is a pullback will be the first one off tom
[15:11]   Shai : it also looks set to close at the DPOC
[15:12]   Shai : trend day is On tomorrow
[15:12]   Shai : should be a strong open
[15:12]   Manoj : shai i bot nf @ 8336 should i carry
[15:13]   Manoj : i have only 1 lot
[15:13]   Shai : can – sl of 8325 tom trade
[15:13]   Manoj : ok
[15:13]   Manoj : tentative tgts???
[15:13]   Shai : it should have been at 8370 by close- but NF is just weird today
[15:13]   Shai : 8430/ 8466
[15:14]   Manoj : yes
[15:14]   Manoj : ok thanks & bye all
[15:14]   Sankar : entire week NF is weird Shai 😉
[15:14]   Sankar : lol.
[15:14]   Manoj : bye rm
[15:15]   Shai : 🙂
[15:16]   Sankar : Positionally, are we bearish or bullish or not clear?
[15:17]   Sankar : because 8300/8330 support is there.. and we are below PS1
[15:17]   Shai : positionallly not bullish till 8394- 8404 is crossed
[15:17]   Sankar : ok cool.
[15:18]   Srini A : Shai, 8500 CE should be good anticipatory buy?
[15:21]   Kiran : Considering yesterday gap and today morning selling tail are we going down in near term ? MPBiginer
[15:25]   Shai : Kiran we have come back to a balance and tom should give us a clearer idea
[15:25]   Abhishek : finally pink to green
[15:25]   Shai : still 60 :40 to the seller as he is on top of the auction
[15:26]   Sandeep : which seller
[15:26]   Shai : Srini suggest we wait out till tom open
[15:26]   Sandeep : 96800 at 8334
[15:26]   Srini A : Ok Shai
[15:26]   Shai : No seller of the auction from 8520F
[15:27]   Sandeep : okay
[15:28]   Porus : Shai, this 96800 was a buyer, seller…?
[15:29]   Shai : was a seller- the 5 min is errorneous as it is a 0 next to it
[15:30]   Shai : Bye all
[15:30]   RK : thanks and bye all
[15:30]   Sankar : Bye All 🙂
[15:30]   Shai : Have a nice evening
[15:30]   Sankar : have a good evening.
[15:30]   Ashish : Thanks and bye all
[15:30]   Porus : Bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Vikkas C : thanx RM and Shai
[15:30]   Shailesh : bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Vikkas C : and bye all
[15:30]   Sandeep : bye all
[15:30]   Abhishek : bye
[15:30]   Sudhakar : Thanks shai &RM bye all