General Chat Transcript
Room Name: Vtrender
Date and Time: March 10, 2015 09:19:48[08:51] r m : Good Morning folks!
[08:51] r m : http://vtrender.com/levels-and-plan-for-10th-march/
[08:51] r m : http://vtrender.com/premium/orderflow-charts-and-notes-0903/
[08:51] r m : Nifty MAR Future levels KRA 8765 Hypo1 below 8765➜8724➜8616 SL 8795 Hypo2 above 8820➜8860➜8888 SL 8790
[08:52] r m : Banknifty MAR Future levels KRA 19219 Hypo1 below 19219➜19112➜19008 SL 19314 Hypo2 above 19360➜19492➜19620 SL 19276
[08:53] Sharad : GM all
[08:53] r m : Nifty Spot revised Weekly levels – Support 8679/8589, Resistance 8790/8844
[08:59] Kathir : GM RM sharad all friends 🙂
[09:00] r m : Hi Kathir, woke up with the birds today? 🙂
[09:01] Kathir : yeah 🙂 ..birds woke up early today
[09:02] r m : lol
[09:02] Tejpreet : Gm All.
[09:02] Kathir : @RM actually its sharad’s day now usd/inr above 63
[09:02] r m : yeah!
[09:03] Porus : HI all
[09:03] Sharad : hahah all days are my days…i keep position until stops hit
[09:04] Kathir : sharad dont tell like this..say ” i will keep position untill target is achived ”
[09:05] Sharad : both Kathir
[09:05] Kathir : yeah 🙂
[09:05] r m : @Kathir, Sharad means that he trails even after reaching the targets 🙂
[09:05] Sharad : its either or like BO order in Zerodha
[09:05] Shai : GM all
[09:05] Sharad : No RM once my target comes i unload
[09:06] Kathir : Hi Shai
[09:07] r m : OK Sharad
[09:09] RK : GM Shai.RM and all
[09:10] r m : Hi RK
[09:14] Shai : Yesterday at close we tool counter trend longs based on 8750 spot holding
[09:14] Shai : However upmove if it does not take out 8790 would mean more long iquidation
[09:15] Shai : watch 8790 on upside on spot
[09:15] Shai : BN was weak at clse
[09:16] Shai : 19204 now res in spot
[09:19] Kathir : Hi RK
[09:20] Shai : litlle bit of buying coming at lows today in NF/ BNF
[09:21] RK : Hi Kathir
[09:24] Shai : BNF weak below 19220
[09:24] Shai : tgt of the move is 19112
[09:25] Shai : Nf weakens below 8765 F
[09:26] Shai : Exit the calls if 8760 F breaks
[09:29] Amit J : shai your view on icici for buying?
[09:30] RK : thanks for your alert on HUL not to carry..booked at close and its down by 1% now
[09:32] Shai : BNF u turn
[09:32] Shai : watch val
[09:33] Kathir : val 19288?
[09:34] Shai : Amit with a 330 sl can tgt 339/ 342
[09:34] Sharad : yes kathir
[09:34] Shai : looks like a drive up
[09:34] Kathir : ok
[09:34] Shai : short covering abv 343 only
[09:36] Amit J : thanks
[09:36] Shai : RK yes that move was n the intra day zone with open drive prevailing
[09:37] RK : gotit..possible to back to 945 with yday high SL-positional?
[09:37] Shai : today driving down again towards vpoc 957
[09:37] RK : fine..thanks
[09:37] Shai : yes 945 poss if vpoc breaks
[09:37] Shai : Making good moves HLL
[09:38] RK : yes..riding asian and HLL for sometime now
[09:38] Shai : HLL is an option play also
[09:39] RK : ok
[09:39] Shai : had seen big option vols above 940/ 960- keep an eye
[09:39] RK : sure
[09:40] Shai : lots of people write calls in HLL and moves of yesterday and today could be cause of them
[09:40] RK : Yday was the biggest day with 10 stocks and bnf short in hand at open..held all till close 🙂
[09:41] Shai : 🙂
[09:41] Amit J : wow
[09:41] Vishal : shai view on adani power
[09:41] r m : @RK, great! 🙂
[09:42] r m : your patience paid finally!
[09:42] Kathir : congrats RK
[09:42] RK : true RM..all whips cleared with profits..now new innings ith another sidewAys range 🙂
[09:43] r m : 🙂
[09:43] Shai : adani is weak below 54.6 Vishal
[09:43] Vishal : okie
[09:43] Shai : res above at 56 also
[09:43] Vishal : thanks
[09:43] Vishal : downside?
[09:43] Shai : can drop to 50.7 this week if res at 56 is not crossed
[09:43] Vishal : ok
[09:45] Shai : BNF probing near VAL 19314 F
[09:45] Shai : just arund that zone is the breaken 19204 spot
[09:45] Shai : broken*
[09:47] RK : 19310F yday when 19204S was broken
[09:50] Shai : ok
[09:50] Shai : there’s 1 seller operating there already
[09:51] Shai : 80% trade opens up to Vpoc if crossed
[09:51] Shai : all based on short covering
[09:51] Sharad : where is VPOC shai
[09:52] Kathir : 19456?
[09:52] Shai : 19456
[09:52] Sharad : ok fine
[09:52] Amit J : nifty very weak
[09:52] Shai : yes Nifty is much weaker today
[09:52] Kathir : @sharad left side of the chart all values there
[09:52] Kathir : left top
[09:54] RK : we have sellers at 19376/19496F so we need to watch there price action if they add up or give up
[09:54] RK : if at all we get these nos today 🙂
[09:54] Shai : Ye sthat 19376 seller of afternoon is also big
[09:54] Sharad : ohh never gone on left side .. Thanks Kathir
[09:55] Shai : Sell NF below 8760 sl of 8785 tgt 8725
[09:55] Kathir : welcome 🙂 traders should watch all corners 🙂
[09:55] r m : @Kathir, no left hand drive in Asia 🙂
[09:57] Kathir : but we are more operated by americans 🙂 FII’s i mean
[09:57] r m : lol
[09:58] r m : plenty of sellers below vwap in NF
[09:59] r m : but Brahmastra (BNF) is fired!
[10:00] Kris : Gm All 🙂
[10:00] r m : Hi Kris 🙂
[10:00] Sharad : BNF gone mad
[10:00] Kris : Shai, BN longs carried from 220 to 340 so far! 🙂
[10:02] r m : not bad Kris 🙂
[10:04] Kris : Booked a few at 340.
[10:04] Kris : Rest trail at 300.
[10:06] Kathir : @rm bnf up 100 nf -5
[10:08] r m : yes
[10:08] r m : bnf up .5%, cnx it down .5%
[10:09] r m : NF trishanku 🙂
[10:10] Kathir : nf pulling bnf down 🙂
[10:11] RK : 19376 seller is stubborn 🙂
[10:12] Kathir : @rk you are one among them i guess 🙂
[10:13] r m : 🙂
[10:13] Amit J : shai nifty spot below 8730
[10:15] Kathir : @amit icicbank fut went to 339 from 335
[10:15] RK : Kathir no..it’s just above hypo buy level so avoided selling there 🙂
[10:16] Kathir : oh ok but the levels you mentioned was very good
[10:16] Amit J : yes it should lead bn. and itc for nifty
[10:17] Kathir : ok amit
[10:18] Kathir : @rm last 15 mins nf did ib low and bnf did ib high :
[10:19] r m : yes
[10:20] r m : two pendulums on same clock!
[10:20] Kathir : yeah
[10:21] Kathir : @rav there?
[10:21] RK : Amit TCS 100 down from your level
[10:22] Amit J : yes but i exited at yesterday open
[10:24] RK : Yes me too around 2650
[10:27] Amit J : day high itc
[10:28] Rav : yes kathir
[10:29] Kathir : @rav any views for wipro
[10:29] Rav : feb 27+28+26 dayas march:28 days-8:20 days/2:10 cat on wall situation in option analysis. wild swing will be there
[10:30] Kathir : take position here longs or wait?
[10:30] Rav : only above 663 it is long but bottom buying can be done. it is dark horse
[10:31] Kathir : any SL from here is so
[10:35] r m : big buyer at IBH or they are shorts exiting?
[10:36] r m : NF
[10:36] RK : looks buyer RM
[10:36] r m : Thanks
[10:39] Rav : no sl kathir
[10:40] Kathir : ok thanks ravi
[10:44] Varun : shai is ib high 92 or 99
[10:45] Kathir : 8792
[10:45] r m : 99 here
[10:45] Kathir : but 8799 showed high at open i think which was not traded at that time.right?
[10:46] Varun : it changes fa dynamics
[10:46] Sharad : 8799 opening trade so IB high @ 8799
[10:48] Amit J : only premium rising
[10:48] Amit J : spot is not rising
[10:49] Sharad : yes spot 8 + and future 17 +
[10:56] Rav : spot is controlled by writers
[10:57] Shai : yes weird auction
[10:57] Shai : watching 8790 spot
[10:58] Shai : only a close abv 8790 and 19210 spot is respite for buyers
[10:58] Shai : 8820 F and 19390 F intra day resistance now
[10:59] Shai : that 9000 ce has not moved at all this morning . Power of writers
[10:59] Rav : OTM
[11:00] Shai : yes
[11:01] Shai : was more of a weekly setup based on the 8750 spot holding up
[11:02] Rav : NF BNF LBU clearly .If SC happens,through
[11:02] Shai : If you are bulish then 8820- 8832 F is the zone to cross – then we go to 8860- 8888 zne
[11:03] Shai : above 8888 the bulls tgt 8970 from last week and finally the 9060 level
[11:03] Shai : breaish below 8760 F now and move can see 8616F this week if that goes
[11:04] Shai : bearish*
[11:06] Shai : IN BNF watch intra price moves if any below 19220 today. If 19220 holds till 3.30 pm then we have evidence that the selling from RBI rate decrease day is over
[11:21] Shai : we may drp back to 8773 F here – 20 point trade
[11:36] Tejpreet : Rav can you tell BN max pain based on options data
[11:37] Rav : 19500. 20000ce buying on
[11:40] Kris : Ok – one peculiar trade taken – BN intraday took shorts at 19365 – SL 19412
[11:41] Kathir : @shai views on usd/inr supp and resi for long from here ?
[11:41] Kris : The longs yesterday, were part booked at 340, 370 – and trailing at 320.
[11:41] Shai : BNF would be a failed auction setup below vwap
[11:42] Shai : 19374 IBH against day high of 19394
[11:42] Tejpreet : Shai views on Adani Ent for ID long.
[11:46] Shai : id?
[11:47] RK : intra
[11:47] Tejpreet : intraday
[11:47] r m : intraday 🙂
[11:47] RK : 🙂
[11:47] Shai : Kathir just updating chart- 1 min
[11:47] Shai : oh 🙂
[11:48] Amit J : also shai century view for long
[11:49] Shai : Kathir short term obj of the move up is at 63.50
[11:49] Shai : abv 63.50 should be a quick move to 64.26
[11:49] Shai : supp this weeek is at 62.80
[11:49] Sharad : yes Shai i am waiting for 63.50/ 63.70 to sell
[11:50] Kathir : ok shai thanks
[11:50] Sharad : Shai 64.26 looks tough in March series
[11:50] Shai : no not in March
[11:51] Sharad : ohhh great then April yes sure… but can you tell bigger support for all of March
[11:52] Shai : adani gets weaker below 663 and can tgt 654 intra . sl below 663 will be abv 667.5
[11:52] Shai : Sharad 62.65 / 62.69 now in March
[11:53] Shai : if that breaks then we fall quickly to 62 and upmove is halted’
[11:53] Tejpreet : Thanks Shai.
[11:53] Amit J : shit missed century
[11:53] Sharad : fine & great will remember 62.65 then
[11:55] Shai : century textile day obj almost met 549.5
[11:56] Shai : positonal play can still do 567
[11:56] Amit J : thanks
[11:56] Shai : nice move in last hour
[11:56] Shai : dips to 541 are a buy
[12:03] RK : below 8782 full of sellers till 8770
[12:08] Shai : yes even selling here
[12:08] RK : Shai what was the logic behind calling that drop to 8773?
[12:08] Shai : BNF settling into the 19250 to 19370 range
[12:09] Shai : aggressive buy here in BNF abvv wap will give you 19360 again sl of 19250
[12:09] Shai : RK yesterday’s late seller from 8715
[12:09] Shai : seen today also
[12:09] RK : oh ok
[12:10] Shai : see 2.55 on this chart : http://vtrender.com/wp-content/uploads/2015/03/15_min_NF_FP25.png
[12:11] Shai : Even BNF 19415
[12:11] Shai : Hit 19410 and came down to 19220 yesterday
[12:11] Shai : did 19410 to 19255 hust now
[12:12] RK : yeah full of red from 8815 to 8790
[12:13] RK : Shai, so if we get more selling below 8780 then chances of breaking day low high.
[12:14] RK : no big buyer since morning at lows except the one at 8770
[12:21] RK : HDFC making lows
[12:26] Rav : Airtel 6%
[12:27] r m : buyers in nf
[12:28] Shai : RK more sellers below 8760 only
[12:28] RK : got it Shai
[12:28] Shai : it’s too random at the series vwap
[12:46] RK : HLL had a spike to break 957
[12:47] RK : HERO offers any buy here Shai?
[12:54] Kathir : bhathi 10 % up?
[12:55] r m : yep
[12:55] Kathir : any news
[12:56] Rav : sharad may know
[12:56] Kathir : amit also
[12:56] Kathir : @rav bnf nf lbu still …?
[12:57] Kathir : shall we buy some ce?
[12:57] Amit J : auction going on. may be some development on that
[12:58] Kathir : ok amit
[12:58] Amit J : lower outflow for bharti vs idea
[12:59] Amit J : so expectation of price hike to benefit bharti
[12:59] Shai : hero better buy on 2607 reviist or abv 2628 now
[12:59] Rav : sharad has real news
[12:59] Shai : tgt 2643/ 2680
[13:00] RK : was looking to buy around 2630 only..
[13:00] Rav : from 358
[13:00] RK : will stick to that
[13:00] RK : thanks
[13:00] Shai : sl at 2607 has to be just below 2598 – don’t risk more
[13:00] RK : got it.thanks
[13:01] Kathir : @rm usd/inr coming down – bnf up eve :)?
[13:01] Sharad : FII buying airtel
[13:02] Sharad : nothing other Ravi…
[13:05] Amit J : shai some data error in delta
[13:05] Amit J : footprint
[13:09] r m : match over
[13:11] Shai : Amit?
[13:12] Amit J : red not coming only green visible
[13:12] Tejpreet : @RM India match over or BN:)
[13:12] r m : 🙂
[13:13] r m : Ireland over
[13:14] Tejpreet : Same like yesterday selling close to europe open.
[13:14] Amit J : shai call exit?
[13:15] Shai : Big seller BNF
[13:15] Shai : Yes exit that call
[13:19] Shai : Sell BNF cmp with sl of 19265 tgt 19110
[13:28] RK : BNF that seller is being tested
[13:30] Shai : ys
[13:30] Shai : lots of sellers came in NF als from vwap
[13:30] Amit J : century
[13:31] RK : If all the sellers are challenged then surprise boom boom 🙂
[13:32] Shai : we will exit abv 19265
[13:32] RK : yes
[13:33] Shai : If IBlow hits it confirms the FA also in BNF
[13:34] Shai : there wasn’t a lot of active buying below 19188 so should be an easier ride
[13:43] Shai : FA in BNF
[13:43] Shai : Cover BNF shorts
[13:43] Shai : 16075 buyer at lows against 22225 seller in BNF
[13:44] Shai : these 2 zones should keep the ball in between
[13:47] Amit J : shai short again ?
[13:49] Shai : No wait
[13:49] Shai : Not smooth selling
[13:49] Varun : vwap bands not stretching
[13:49] Varun : in nf
[13:49] RK : Yes..and little early too
[13:49] Shai : yes
[13:50] Shai : 8725 may supp
[13:50] Shai : risky though price probe is clearly down
[13:53] Shai : we will sell the bounce to 19160
[13:53] Shai : that buyer is stuck there
[13:53] Shai : tgt below 19060
[13:55] Shai : Sell NF closer to IBL also
[13:55] Shai : Trade setup if neutral extreme now with high probabaility close at lows again
[13:55] Shai : abv IBL shorts cover
[13:55] Shai : *is*
[13:58] Kathir : 11:03 Shai : breaish below 8760 F now and move can see 8616F this week if that goes
[13:59] Kathir : @shai SL for this view?
[13:59] Shai : 8820 NF
[13:59] Kathir : ok thanks
[13:59] Shai : 18778 obj of the move in BNF
[14:00] Shai : Look to short BNF one part here 19135
[14:00] Kathir : @shai usd/inr reacting to markets lwell like it did previously
[14:09] Shai : 18936 can come intra day BNF
[14:10] Shai : NF seems to be drifting again
[14:10] Shai : 19064 is an anomaly
[14:12] Amit J : 8700 put writers should manage
[14:13] Amit J : yes
[14:16] Rav : Ravi: 8400-8700pe got more premium and writing safely now. they will thank ce writers to bring it down and ce writers will thank them not to bring it up 9000 before friday
[14:16] Shai : 🙂
[14:17] r m : 🙂
[14:18] Sharad : ohhh so Ravi you means its range till friday and both writers will enjoy premium
[14:18] r m : Now I know why “Thanksgiving” is celebrated so much 🙂
[14:18] Sharad : true RM
[14:19] Kathir : 🙂
[14:20] Rav : This is the game on this mid day of expiry
[14:20] Rav : They killed 75% premium in 9000ce already from 102 to 27. It will become 5 Rs by Monday
[14:21] Amit J : 3 bills will be placed in rajya sabha
[14:21] Amit J : sp is not in opposition, so it means bills likely to be cleared. any update on this
[14:22] Sharad : very volatile BNF
[14:27] Rav : This Axis is High beta stock
[14:28] RK : Yes Rav in good move always
[14:29] Kathir : @rk fav script 🙂
[14:30] Kathir : big seller in NF now
[14:31] RK : Kathir 🙂
[14:32] RK : all scrips showing profit are fav 🙂
[14:32] Shai : 8722
[14:32] Shai : closing at lows
[14:33] Kathir : yes RK it should give profit always 🙂
[14:36] RK : 8679 s
[14:38] Shai : what was the expiry close?
[14:39] Shai : I Think NF was here at 8719 that day of March F
[14:39] Kathir : @shai any chance for aggressive counter trade here nf bnf?
[14:39] RK : 8683.85 sp
[14:39] RK : spot
[14:39] RK : was expiry close
[14:40] Amit J : 8684
[14:40] Shai : Thanks guys and the low was 8669 I think
[14:41] RK : 8229 was Mar F close on expiry
[14:41] Amit J : 8680.4
[14:41] Amit J : low
[14:41] r m : low 8669 for spot on expiry dy
[14:41] Shai : ok. Thanks
[14:42] Kathir : @shai any chance for aggressive counter trade here nf bnf? or wait till 3.20
[14:42] RK : LT sell off stopped by news..got 1200 cr order
[14:43] Shai : Kathir is you want to go aggressive use 8668 spot as sl
[14:43] Kathir : ok shai thanks
[14:44] Shai : Can’t see aggressive buying here though
[14:45] Kathir : ok
[14:51] Shai : if we close here it’s a troubling close for March Longs
[14:51] Kathir : @RM when is fed meet scheduled
[14:52] Shai : 8717 Spot was the low for the 1st day of the series where Fii’s were huge buyers
[14:52] Shai : acc to data by RM there were around 194000 longs created from that low of 8717 spot to 9119 spot
[14:52] r m : @Kathir, Mar 17-18
[14:53] Kathir : rm thanks
[14:53] Shai : Most under water if we close below
[14:53] Shai : can open up 8616 F tom
[14:54] Shai : I think we also see another huge reduction in Fii longs today
[14:55] RK : Shai so better to carry BNF short with 19280 SL
[14:55] Shai : about 60- 70000 would be my estimate
[14:55] Shai : RK that 18500 PE was good at 170 then
[14:55] Shai : still good
[14:56] RK : fine
[14:58] RK : 8679 spot is save so far
[14:58] Shai : yes
[14:59] RK : so chances are there that they can now rotate it to 8790 spot..but close is weak today..
[15:00] Tejpreet : shai i have 8700 call at around 120 …should look to close out at EOD Or carry
[15:01] Tejpreet : Todays weak close does not merit a carry over
[15:02] Amit J : what should be MO today RM
[15:02] Shai : Tejpreet we may close at lows but I don’t see a great long setup till price confirms abv 8754 again
[15:02] r m : let me check Amit
[15:02] Shai : I meant a great and safe
[15:03] Tejpreet : O k will book out.
[15:03] Tejpreet : Thanks
[15:04] Shai : You will get a fast rise if we cross 8772 F anytime this week
[15:04] Shai : double up then and cover loss
[15:04] Kathir : now he is in profit
[15:05] Tejpreet : yes booked out at 129
[15:08] r m : @Amit, MO is -27
[15:09] r m : huge buyers
[15:09] RK : 8717s recovered i
[15:09] Amit J : that bills are game changer and i feel they will be cleared in parliament
[15:10] Varun : spike
[15:11] r m : insurance bill has good chance of being passed, it is the same one which Congress brought
[15:11] Kathir : @rm only the voters were differrent cong to bjp 🙂
[15:11] Amit J : if they will alll will be cleared.
[15:11] Kathir : bills are same
[15:11] r m : big premium now
[15:11] Amit J : sp is not in opposition and that is the game
[15:12] r m : lol
[15:13] Amit J : i posted this 1 hr back also
[15:13] Kathir : yes amit
[15:14] Amit J : shai can we assume this buyer to be frontrunner?
[15:14] r m : yes
[15:15] r m : spot did not keep pace with future
[15:19] Rav : many shorts made at low got trapped
[15:19] Kathir : Rav gap up possible tomrw?
[15:20] Rav : kathir wipro coming up
[15:20] Kathir : yeah almost 7 rs up
[15:20] Shai : Amit buying needs confirmation tom
[15:20] Rav : FII series vwap price 8750
[15:21] Kathir : @rav i am waiting for your 563.6
[15:21] Rav : 653.6
[15:22] Rav : but now u can take
[15:22] Kathir : ok thanks Rav
[15:23] Shai : close became a neutral center at vwap from neutral extreme
[15:23] Varun : @shai spike will be the q profile or p or both ?
[15:24] Amit J : 559 century
[15:24] Shai : Varun profile is neutral center
[15:24] Shai : yes spike 8712- 8772
[15:25] Varun : so this becomes our vlaue for tmrw opening
[15:26] Shai : yes value at 8772F
[15:26] Shai : alos bias point and kra
[15:27] Rav : kathir 660.20
[15:28] Kathir : yeah fire
[15:28] Rav : 663
[15:28] Kathir : having 660 ce holding..thanks
[15:28] Rav : 664 T1 688
[15:30] Kathir : ok
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Kathir : Thanks and bye all 🙂
[15:30] Porus : Bye all
[15:31] Rav : 657 TO 664.35 kathir
[15:31] Sharad : Bye all
[15:31] RK : thanks and bye all
[15:31] Amit J : bye
[15:32] Shai : Bye all
[15:32] Shai : Have a nice evening
Date and Time: March 10, 2015 09:19:48[08:51] r m : Good Morning folks!
[08:51] r m : http://vtrender.com/levels-and-plan-for-10th-march/
[08:51] r m : http://vtrender.com/premium/orderflow-charts-and-notes-0903/
[08:51] r m : Nifty MAR Future levels KRA 8765 Hypo1 below 8765➜8724➜8616 SL 8795 Hypo2 above 8820➜8860➜8888 SL 8790
[08:52] r m : Banknifty MAR Future levels KRA 19219 Hypo1 below 19219➜19112➜19008 SL 19314 Hypo2 above 19360➜19492➜19620 SL 19276
[08:53] Sharad : GM all
[08:53] r m : Nifty Spot revised Weekly levels – Support 8679/8589, Resistance 8790/8844
[08:59] Kathir : GM RM sharad all friends 🙂
[09:00] r m : Hi Kathir, woke up with the birds today? 🙂
[09:01] Kathir : yeah 🙂 ..birds woke up early today
[09:02] r m : lol
[09:02] Tejpreet : Gm All.
[09:02] Kathir : @RM actually its sharad’s day now usd/inr above 63
[09:02] r m : yeah!
[09:03] Porus : HI all
[09:03] Sharad : hahah all days are my days…i keep position until stops hit
[09:04] Kathir : sharad dont tell like this..say ” i will keep position untill target is achived ”
[09:05] Sharad : both Kathir
[09:05] Kathir : yeah 🙂
[09:05] r m : @Kathir, Sharad means that he trails even after reaching the targets 🙂
[09:05] Sharad : its either or like BO order in Zerodha
[09:05] Shai : GM all
[09:05] Sharad : No RM once my target comes i unload
[09:06] Kathir : Hi Shai
[09:07] r m : OK Sharad
[09:09] RK : GM Shai.RM and all
[09:10] r m : Hi RK
[09:14] Shai : Yesterday at close we tool counter trend longs based on 8750 spot holding
[09:14] Shai : However upmove if it does not take out 8790 would mean more long iquidation
[09:15] Shai : watch 8790 on upside on spot
[09:15] Shai : BN was weak at clse
[09:16] Shai : 19204 now res in spot
[09:19] Kathir : Hi RK
[09:20] Shai : litlle bit of buying coming at lows today in NF/ BNF
[09:21] RK : Hi Kathir
[09:24] Shai : BNF weak below 19220
[09:24] Shai : tgt of the move is 19112
[09:25] Shai : Nf weakens below 8765 F
[09:26] Shai : Exit the calls if 8760 F breaks
[09:29] Amit J : shai your view on icici for buying?
[09:30] RK : thanks for your alert on HUL not to carry..booked at close and its down by 1% now
[09:32] Shai : BNF u turn
[09:32] Shai : watch val
[09:33] Kathir : val 19288?
[09:34] Shai : Amit with a 330 sl can tgt 339/ 342
[09:34] Sharad : yes kathir
[09:34] Shai : looks like a drive up
[09:34] Kathir : ok
[09:34] Shai : short covering abv 343 only
[09:36] Amit J : thanks
[09:36] Shai : RK yes that move was n the intra day zone with open drive prevailing
[09:37] RK : gotit..possible to back to 945 with yday high SL-positional?
[09:37] Shai : today driving down again towards vpoc 957
[09:37] RK : fine..thanks
[09:37] Shai : yes 945 poss if vpoc breaks
[09:37] Shai : Making good moves HLL
[09:38] RK : yes..riding asian and HLL for sometime now
[09:38] Shai : HLL is an option play also
[09:39] RK : ok
[09:39] Shai : had seen big option vols above 940/ 960- keep an eye
[09:39] RK : sure
[09:40] Shai : lots of people write calls in HLL and moves of yesterday and today could be cause of them
[09:40] RK : Yday was the biggest day with 10 stocks and bnf short in hand at open..held all till close 🙂
[09:41] Shai : 🙂
[09:41] Amit J : wow
[09:41] Vishal : shai view on adani power
[09:41] r m : @RK, great! 🙂
[09:42] r m : your patience paid finally!
[09:42] Kathir : congrats RK
[09:42] RK : true RM..all whips cleared with profits..now new innings ith another sidewAys range 🙂
[09:43] r m : 🙂
[09:43] Shai : adani is weak below 54.6 Vishal
[09:43] Vishal : okie
[09:43] Shai : res above at 56 also
[09:43] Vishal : thanks
[09:43] Vishal : downside?
[09:43] Shai : can drop to 50.7 this week if res at 56 is not crossed
[09:43] Vishal : ok
[09:45] Shai : BNF probing near VAL 19314 F
[09:45] Shai : just arund that zone is the breaken 19204 spot
[09:45] Shai : broken*
[09:47] RK : 19310F yday when 19204S was broken
[09:50] Shai : ok
[09:50] Shai : there’s 1 seller operating there already
[09:51] Shai : 80% trade opens up to Vpoc if crossed
[09:51] Shai : all based on short covering
[09:51] Sharad : where is VPOC shai
[09:52] Kathir : 19456?
[09:52] Shai : 19456
[09:52] Sharad : ok fine
[09:52] Amit J : nifty very weak
[09:52] Shai : yes Nifty is much weaker today
[09:52] Kathir : @sharad left side of the chart all values there
[09:52] Kathir : left top
[09:54] RK : we have sellers at 19376/19496F so we need to watch there price action if they add up or give up
[09:54] RK : if at all we get these nos today 🙂
[09:54] Shai : Ye sthat 19376 seller of afternoon is also big
[09:54] Sharad : ohh never gone on left side .. Thanks Kathir
[09:55] Shai : Sell NF below 8760 sl of 8785 tgt 8725
[09:55] Kathir : welcome 🙂 traders should watch all corners 🙂
[09:55] r m : @Kathir, no left hand drive in Asia 🙂
[09:57] Kathir : but we are more operated by americans 🙂 FII’s i mean
[09:57] r m : lol
[09:58] r m : plenty of sellers below vwap in NF
[09:59] r m : but Brahmastra (BNF) is fired!
[10:00] Kris : Gm All 🙂
[10:00] r m : Hi Kris 🙂
[10:00] Sharad : BNF gone mad
[10:00] Kris : Shai, BN longs carried from 220 to 340 so far! 🙂
[10:02] r m : not bad Kris 🙂
[10:04] Kris : Booked a few at 340.
[10:04] Kris : Rest trail at 300.
[10:06] Kathir : @rm bnf up 100 nf -5
[10:08] r m : yes
[10:08] r m : bnf up .5%, cnx it down .5%
[10:09] r m : NF trishanku 🙂
[10:10] Kathir : nf pulling bnf down 🙂
[10:11] RK : 19376 seller is stubborn 🙂
[10:12] Kathir : @rk you are one among them i guess 🙂
[10:13] r m : 🙂
[10:13] Amit J : shai nifty spot below 8730
[10:15] Kathir : @amit icicbank fut went to 339 from 335
[10:15] RK : Kathir no..it’s just above hypo buy level so avoided selling there 🙂
[10:16] Kathir : oh ok but the levels you mentioned was very good
[10:16] Amit J : yes it should lead bn. and itc for nifty
[10:17] Kathir : ok amit
[10:18] Kathir : @rm last 15 mins nf did ib low and bnf did ib high :
[10:19] r m : yes
[10:20] r m : two pendulums on same clock!
[10:20] Kathir : yeah
[10:21] Kathir : @rav there?
[10:21] RK : Amit TCS 100 down from your level
[10:22] Amit J : yes but i exited at yesterday open
[10:24] RK : Yes me too around 2650
[10:27] Amit J : day high itc
[10:28] Rav : yes kathir
[10:29] Kathir : @rav any views for wipro
[10:29] Rav : feb 27+28+26 dayas march:28 days-8:20 days/2:10 cat on wall situation in option analysis. wild swing will be there
[10:30] Kathir : take position here longs or wait?
[10:30] Rav : only above 663 it is long but bottom buying can be done. it is dark horse
[10:31] Kathir : any SL from here is so
[10:35] r m : big buyer at IBH or they are shorts exiting?
[10:36] r m : NF
[10:36] RK : looks buyer RM
[10:36] r m : Thanks
[10:39] Rav : no sl kathir
[10:40] Kathir : ok thanks ravi
[10:44] Varun : shai is ib high 92 or 99
[10:45] Kathir : 8792
[10:45] r m : 99 here
[10:45] Kathir : but 8799 showed high at open i think which was not traded at that time.right?
[10:46] Varun : it changes fa dynamics
[10:46] Sharad : 8799 opening trade so IB high @ 8799
[10:48] Amit J : only premium rising
[10:48] Amit J : spot is not rising
[10:49] Sharad : yes spot 8 + and future 17 +
[10:56] Rav : spot is controlled by writers
[10:57] Shai : yes weird auction
[10:57] Shai : watching 8790 spot
[10:58] Shai : only a close abv 8790 and 19210 spot is respite for buyers
[10:58] Shai : 8820 F and 19390 F intra day resistance now
[10:59] Shai : that 9000 ce has not moved at all this morning . Power of writers
[10:59] Rav : OTM
[11:00] Shai : yes
[11:01] Shai : was more of a weekly setup based on the 8750 spot holding up
[11:02] Rav : NF BNF LBU clearly .If SC happens,through
[11:02] Shai : If you are bulish then 8820- 8832 F is the zone to cross – then we go to 8860- 8888 zne
[11:03] Shai : above 8888 the bulls tgt 8970 from last week and finally the 9060 level
[11:03] Shai : breaish below 8760 F now and move can see 8616F this week if that goes
[11:04] Shai : bearish*
[11:06] Shai : IN BNF watch intra price moves if any below 19220 today. If 19220 holds till 3.30 pm then we have evidence that the selling from RBI rate decrease day is over
[11:21] Shai : we may drp back to 8773 F here – 20 point trade
[11:36] Tejpreet : Rav can you tell BN max pain based on options data
[11:37] Rav : 19500. 20000ce buying on
[11:40] Kris : Ok – one peculiar trade taken – BN intraday took shorts at 19365 – SL 19412
[11:41] Kathir : @shai views on usd/inr supp and resi for long from here ?
[11:41] Kris : The longs yesterday, were part booked at 340, 370 – and trailing at 320.
[11:41] Shai : BNF would be a failed auction setup below vwap
[11:42] Shai : 19374 IBH against day high of 19394
[11:42] Tejpreet : Shai views on Adani Ent for ID long.
[11:46] Shai : id?
[11:47] RK : intra
[11:47] Tejpreet : intraday
[11:47] r m : intraday 🙂
[11:47] RK : 🙂
[11:47] Shai : Kathir just updating chart- 1 min
[11:47] Shai : oh 🙂
[11:48] Amit J : also shai century view for long
[11:49] Shai : Kathir short term obj of the move up is at 63.50
[11:49] Shai : abv 63.50 should be a quick move to 64.26
[11:49] Shai : supp this weeek is at 62.80
[11:49] Sharad : yes Shai i am waiting for 63.50/ 63.70 to sell
[11:50] Kathir : ok shai thanks
[11:50] Sharad : Shai 64.26 looks tough in March series
[11:50] Shai : no not in March
[11:51] Sharad : ohhh great then April yes sure… but can you tell bigger support for all of March
[11:52] Shai : adani gets weaker below 663 and can tgt 654 intra . sl below 663 will be abv 667.5
[11:52] Shai : Sharad 62.65 / 62.69 now in March
[11:53] Shai : if that breaks then we fall quickly to 62 and upmove is halted’
[11:53] Tejpreet : Thanks Shai.
[11:53] Amit J : shit missed century
[11:53] Sharad : fine & great will remember 62.65 then
[11:55] Shai : century textile day obj almost met 549.5
[11:56] Shai : positonal play can still do 567
[11:56] Amit J : thanks
[11:56] Shai : nice move in last hour
[11:56] Shai : dips to 541 are a buy
[12:03] RK : below 8782 full of sellers till 8770
[12:08] Shai : yes even selling here
[12:08] RK : Shai what was the logic behind calling that drop to 8773?
[12:08] Shai : BNF settling into the 19250 to 19370 range
[12:09] Shai : aggressive buy here in BNF abvv wap will give you 19360 again sl of 19250
[12:09] Shai : RK yesterday’s late seller from 8715
[12:09] Shai : seen today also
[12:09] RK : oh ok
[12:10] Shai : see 2.55 on this chart : http://vtrender.com/wp-content/uploads/2015/03/15_min_NF_FP25.png
[12:11] Shai : Even BNF 19415
[12:11] Shai : Hit 19410 and came down to 19220 yesterday
[12:11] Shai : did 19410 to 19255 hust now
[12:12] RK : yeah full of red from 8815 to 8790
[12:13] RK : Shai, so if we get more selling below 8780 then chances of breaking day low high.
[12:14] RK : no big buyer since morning at lows except the one at 8770
[12:21] RK : HDFC making lows
[12:26] Rav : Airtel 6%
[12:27] r m : buyers in nf
[12:28] Shai : RK more sellers below 8760 only
[12:28] RK : got it Shai
[12:28] Shai : it’s too random at the series vwap
[12:46] RK : HLL had a spike to break 957
[12:47] RK : HERO offers any buy here Shai?
[12:54] Kathir : bhathi 10 % up?
[12:55] r m : yep
[12:55] Kathir : any news
[12:56] Rav : sharad may know
[12:56] Kathir : amit also
[12:56] Kathir : @rav bnf nf lbu still …?
[12:57] Kathir : shall we buy some ce?
[12:57] Amit J : auction going on. may be some development on that
[12:58] Kathir : ok amit
[12:58] Amit J : lower outflow for bharti vs idea
[12:59] Amit J : so expectation of price hike to benefit bharti
[12:59] Shai : hero better buy on 2607 reviist or abv 2628 now
[12:59] Rav : sharad has real news
[12:59] Shai : tgt 2643/ 2680
[13:00] RK : was looking to buy around 2630 only..
[13:00] Rav : from 358
[13:00] RK : will stick to that
[13:00] RK : thanks
[13:00] Shai : sl at 2607 has to be just below 2598 – don’t risk more
[13:00] RK : got it.thanks
[13:01] Kathir : @rm usd/inr coming down – bnf up eve :)?
[13:01] Sharad : FII buying airtel
[13:02] Sharad : nothing other Ravi…
[13:05] Amit J : shai some data error in delta
[13:05] Amit J : footprint
[13:09] r m : match over
[13:11] Shai : Amit?
[13:12] Amit J : red not coming only green visible
[13:12] Tejpreet : @RM India match over or BN:)
[13:12] r m : 🙂
[13:13] r m : Ireland over
[13:14] Tejpreet : Same like yesterday selling close to europe open.
[13:14] Amit J : shai call exit?
[13:15] Shai : Big seller BNF
[13:15] Shai : Yes exit that call
[13:19] Shai : Sell BNF cmp with sl of 19265 tgt 19110
[13:28] RK : BNF that seller is being tested
[13:30] Shai : ys
[13:30] Shai : lots of sellers came in NF als from vwap
[13:30] Amit J : century
[13:31] RK : If all the sellers are challenged then surprise boom boom 🙂
[13:32] Shai : we will exit abv 19265
[13:32] RK : yes
[13:33] Shai : If IBlow hits it confirms the FA also in BNF
[13:34] Shai : there wasn’t a lot of active buying below 19188 so should be an easier ride
[13:43] Shai : FA in BNF
[13:43] Shai : Cover BNF shorts
[13:43] Shai : 16075 buyer at lows against 22225 seller in BNF
[13:44] Shai : these 2 zones should keep the ball in between
[13:47] Amit J : shai short again ?
[13:49] Shai : No wait
[13:49] Shai : Not smooth selling
[13:49] Varun : vwap bands not stretching
[13:49] Varun : in nf
[13:49] RK : Yes..and little early too
[13:49] Shai : yes
[13:50] Shai : 8725 may supp
[13:50] Shai : risky though price probe is clearly down
[13:53] Shai : we will sell the bounce to 19160
[13:53] Shai : that buyer is stuck there
[13:53] Shai : tgt below 19060
[13:55] Shai : Sell NF closer to IBL also
[13:55] Shai : Trade setup if neutral extreme now with high probabaility close at lows again
[13:55] Shai : abv IBL shorts cover
[13:55] Shai : *is*
[13:58] Kathir : 11:03 Shai : breaish below 8760 F now and move can see 8616F this week if that goes
[13:59] Kathir : @shai SL for this view?
[13:59] Shai : 8820 NF
[13:59] Kathir : ok thanks
[13:59] Shai : 18778 obj of the move in BNF
[14:00] Shai : Look to short BNF one part here 19135
[14:00] Kathir : @shai usd/inr reacting to markets lwell like it did previously
[14:09] Shai : 18936 can come intra day BNF
[14:10] Shai : NF seems to be drifting again
[14:10] Shai : 19064 is an anomaly
[14:12] Amit J : 8700 put writers should manage
[14:13] Amit J : yes
[14:16] Rav : Ravi: 8400-8700pe got more premium and writing safely now. they will thank ce writers to bring it down and ce writers will thank them not to bring it up 9000 before friday
[14:16] Shai : 🙂
[14:17] r m : 🙂
[14:18] Sharad : ohhh so Ravi you means its range till friday and both writers will enjoy premium
[14:18] r m : Now I know why “Thanksgiving” is celebrated so much 🙂
[14:18] Sharad : true RM
[14:19] Kathir : 🙂
[14:20] Rav : This is the game on this mid day of expiry
[14:20] Rav : They killed 75% premium in 9000ce already from 102 to 27. It will become 5 Rs by Monday
[14:21] Amit J : 3 bills will be placed in rajya sabha
[14:21] Amit J : sp is not in opposition, so it means bills likely to be cleared. any update on this
[14:22] Sharad : very volatile BNF
[14:27] Rav : This Axis is High beta stock
[14:28] RK : Yes Rav in good move always
[14:29] Kathir : @rk fav script 🙂
[14:30] Kathir : big seller in NF now
[14:31] RK : Kathir 🙂
[14:32] RK : all scrips showing profit are fav 🙂
[14:32] Shai : 8722
[14:32] Shai : closing at lows
[14:33] Kathir : yes RK it should give profit always 🙂
[14:36] RK : 8679 s
[14:38] Shai : what was the expiry close?
[14:39] Shai : I Think NF was here at 8719 that day of March F
[14:39] Kathir : @shai any chance for aggressive counter trade here nf bnf?
[14:39] RK : 8683.85 sp
[14:39] RK : spot
[14:39] RK : was expiry close
[14:40] Amit J : 8684
[14:40] Shai : Thanks guys and the low was 8669 I think
[14:41] RK : 8229 was Mar F close on expiry
[14:41] Amit J : 8680.4
[14:41] Amit J : low
[14:41] r m : low 8669 for spot on expiry dy
[14:41] Shai : ok. Thanks
[14:42] Kathir : @shai any chance for aggressive counter trade here nf bnf? or wait till 3.20
[14:42] RK : LT sell off stopped by news..got 1200 cr order
[14:43] Shai : Kathir is you want to go aggressive use 8668 spot as sl
[14:43] Kathir : ok shai thanks
[14:44] Shai : Can’t see aggressive buying here though
[14:45] Kathir : ok
[14:51] Shai : if we close here it’s a troubling close for March Longs
[14:51] Kathir : @RM when is fed meet scheduled
[14:52] Shai : 8717 Spot was the low for the 1st day of the series where Fii’s were huge buyers
[14:52] Shai : acc to data by RM there were around 194000 longs created from that low of 8717 spot to 9119 spot
[14:52] r m : @Kathir, Mar 17-18
[14:53] Kathir : rm thanks
[14:53] Shai : Most under water if we close below
[14:53] Shai : can open up 8616 F tom
[14:54] Shai : I think we also see another huge reduction in Fii longs today
[14:55] RK : Shai so better to carry BNF short with 19280 SL
[14:55] Shai : about 60- 70000 would be my estimate
[14:55] Shai : RK that 18500 PE was good at 170 then
[14:55] Shai : still good
[14:56] RK : fine
[14:58] RK : 8679 spot is save so far
[14:58] Shai : yes
[14:59] RK : so chances are there that they can now rotate it to 8790 spot..but close is weak today..
[15:00] Tejpreet : shai i have 8700 call at around 120 …should look to close out at EOD Or carry
[15:01] Tejpreet : Todays weak close does not merit a carry over
[15:02] Amit J : what should be MO today RM
[15:02] Shai : Tejpreet we may close at lows but I don’t see a great long setup till price confirms abv 8754 again
[15:02] r m : let me check Amit
[15:02] Shai : I meant a great and safe
[15:03] Tejpreet : O k will book out.
[15:03] Tejpreet : Thanks
[15:04] Shai : You will get a fast rise if we cross 8772 F anytime this week
[15:04] Shai : double up then and cover loss
[15:04] Kathir : now he is in profit
[15:05] Tejpreet : yes booked out at 129
[15:08] r m : @Amit, MO is -27
[15:09] r m : huge buyers
[15:09] RK : 8717s recovered i
[15:09] Amit J : that bills are game changer and i feel they will be cleared in parliament
[15:10] Varun : spike
[15:11] r m : insurance bill has good chance of being passed, it is the same one which Congress brought
[15:11] Kathir : @rm only the voters were differrent cong to bjp 🙂
[15:11] Amit J : if they will alll will be cleared.
[15:11] Kathir : bills are same
[15:11] r m : big premium now
[15:11] Amit J : sp is not in opposition and that is the game
[15:12] r m : lol
[15:13] Amit J : i posted this 1 hr back also
[15:13] Kathir : yes amit
[15:14] Amit J : shai can we assume this buyer to be frontrunner?
[15:14] r m : yes
[15:15] r m : spot did not keep pace with future
[15:19] Rav : many shorts made at low got trapped
[15:19] Kathir : Rav gap up possible tomrw?
[15:20] Rav : kathir wipro coming up
[15:20] Kathir : yeah almost 7 rs up
[15:20] Shai : Amit buying needs confirmation tom
[15:20] Rav : FII series vwap price 8750
[15:21] Kathir : @rav i am waiting for your 563.6
[15:21] Rav : 653.6
[15:22] Rav : but now u can take
[15:22] Kathir : ok thanks Rav
[15:23] Shai : close became a neutral center at vwap from neutral extreme
[15:23] Varun : @shai spike will be the q profile or p or both ?
[15:24] Amit J : 559 century
[15:24] Shai : Varun profile is neutral center
[15:24] Shai : yes spike 8712- 8772
[15:25] Varun : so this becomes our vlaue for tmrw opening
[15:26] Shai : yes value at 8772F
[15:26] Shai : alos bias point and kra
[15:27] Rav : kathir 660.20
[15:28] Kathir : yeah fire
[15:28] Rav : 663
[15:28] Kathir : having 660 ce holding..thanks
[15:28] Rav : 664 T1 688
[15:30] Kathir : ok
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Kathir : Thanks and bye all 🙂
[15:30] Porus : Bye all
[15:31] Rav : 657 TO 664.35 kathir
[15:31] Sharad : Bye all
[15:31] RK : thanks and bye all
[15:31] Amit J : bye
[15:32] Shai : Bye all
[15:32] Shai : Have a nice evening