OrderFlow Charts and Notes 10th June

[08:55]   r m : Good Morning folks!
[08:55]   r m : http://vtrender.com/levels-and-plan-for-10th-june/
[08:55]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-090115-2/
[08:55]   r m : http://vtrender.com/option-values-dt-090615/
[08:56]   r m : Nifty JUN Future levels | Key Reference Area 8044 | Hypo1 below 7997➜7960➜7939 SL 8044 | Hypo2 above 8061➜8106➜8123 SL 8030
[08:56]   r m : Banknifty JUN Future levels | KRA 17535 | Hypo1 below 17354➜17254➜17208 SL 17426 | Hypo2 above 17535➜17594➜17666 SL 17410
[08:56]   Porus : GM RM and all
[08:57]   r m : Hi Porus
[08:59]   Srini A : Hi GM RM, Shai and Friends
[09:00]   r m : Hi Srini
[09:01]   Tejpreet : GM All.
[09:01]   Vikkas C : GM all
[09:01]   Sharad : GM all
[09:02]   Hemant : GM folks
[09:02]   Dharamveer : Hello Everyone
[09:04]   Sumit : GM everyone
[09:04]   Sudhakar : GM All
[09:07]   Pawandeep : GM Shai,rm & Friends
[09:08]   Sandeep : Gm everyone
[09:09]   RK : GM Shai,RM and all
[09:09]   Shai : GM all
[09:10]   Suyash : GM everyone
[09:10]   Venkatesan : gm shai, rm and friends
[09:11]   Moses : GM All
[09:13]   John : GM all
[09:13]   Shai : 7994 and 8044 are 2 levels for the morning session for bias
[09:14]   Shai : NF bullish abv 8061 today
[09:14]   r m : Hi Pawandeep, RK, Venkatesan
[09:14]   Shai : weak below 7994
[09:14]   RK : great Hypo nos today
[09:15]   Shai : 🙂 . Need a break of the range for bias and direction
[09:16]   Shai : NF
[09:17]   RK : true Shai
[09:19]   RK : fast fingers 🙂
[09:19]   Shai : 8096
[09:19]   Shai : 🙂
[09:19]   Shai : Did not anticipate that they will not give us a few secs also
[09:20]   r m : lol
[09:20]   Sreedhar : open drive
[09:20]   Sreedhar : ?
[09:20]   Shai : yes
[09:20]   Shai : vwap imp for the morning
[09:20]   Shai : should not happen like yesterday
[09:21]   RK : booked part both in NF and BNF 🙂
[09:22]   Shai : 8061/ 17608 supp
[09:22]   Shai : we will use a dip to buy now
[09:22]   Shai : no point chasing price here
[09:23]   Shai : 8106/ 8123 imm objective
[09:23]   Shai : antticpating one round of selling to come in higher
[09:23]   Shai : 17685 res in BNF
[09:23]   Kris : Good Morning all 🙂
[09:24]   r m : Hi Kris 🙂
[09:24]   Kris : Hi RM – that tireless worker got his reward today! 🙂
[09:25]   r m : yes!
[09:25]   Vivek K : shai sir, what kind of sellers at 8064-66?
[09:25]   r m : patience pays, though not very often 😀
[09:26]   RK : 17666 booked fully..hypo trades done 🙂
[09:26]   Shai : Vivek yes some sellers stuck at 8064
[09:26]   Shai : could be pre market plans
[09:26]   Vivek K : ok so that shoulod support the down move unless something else happens?
[09:27]   r m : @RK, first 10 minutes and hypo done 🙂
[09:27]   Shai : yes
[09:28]   Shai : 8066 visit most important now for rest of the day
[09:28]   Shai : 8089 also a seller
[09:28]   RK : Yes RM..thats why felt Hypo nos were great before open 🙂
[09:29]   r m : ok
[09:30]   Shai : Buy NF in 2 parts – at 8092 here and at 8066 final sl 8040 tgt 8123/ 8189
[09:33]   Shai : this drive was not showing up in sgsx data of the morning
[09:33]   Vivek K : shai sir as per FP there are harldy any siginifcant buyers betwee 8080-100?
[09:33]   Shai : one more indication that retail is very strng in our markets today
[09:34]   Shai : Yes Vivek- quick buying was done below in a thin mkt
[09:35]   Shai : 8066 is the major seller who can cover if we get a dip
[09:36]   Shai : if price stays up over here and abv 8060 all morning then shorts will be forced to give in
[09:36]   Shai : bias short again below vah 8044 with sl of 8066
[09:37]   Shai : Can defer the buy to 8066 also where sl is easilyy managed
[09:37]   Ashish : Shai, 8th morning has sellers who may halt this upmove here if not taken today. your views?
[09:37]   Shai : Possible Ashish – today’s buyers v/s those sellers
[09:38]   Ashish : any idea those were retail like today or FII’s.
[09:38]   Kris : @Shai – we moved up by 1% – but can not see much green in delta – yesterday’s greens must be insiders! 🙂
[09:39]   Shai : 🙂
[09:40]   Ashish : got your answer if 🙂 this was for my question 😉
[09:41]   Shai : Ashish looking up data still
[09:41]   Shai : RM posts it for us every evening
[09:42]   Ashish : oh yes..
[09:43]   r m : OI Shift – http://vtrender.com/wp-content/uploads/2015/06/oishift5.png
[09:43]   Shai : 8th June pros were short
[09:44]   Shai : see this green now is covering orders
[09:44]   r m : only Props were net short, FII and Client are balanced with one let in each boat (long and short) 🙂
[09:44]   Shai : thanks RM
[09:44]   Venkatesan : shai covered at 8104
[09:44]   r m : welcome
[09:45]   Ashish : Thanks Shai and RM
[09:45]   Shai : Cover NF longs here
[09:45]   Shai : we will look for a better entry
[09:45]   Venkatesan : addition here advicable shai?
[09:46]   Shai : No wait
[09:46]   Venkatesan : ok
[09:46]   Shai : (09:45) Shai :Cover NF longs here
[09:46]   Tejpreet : Shai voulmes are good till now.
[09:47]   Dharamveer : what is the OF wave
[09:47]   r m : with 100 and 250 point IB, rest of the day will be pretty difficult to trade
[09:50]   Sreedhar : Shai 8058,62 has no volumes?
[09:50]   Shai : No vols there
[09:50]   Shai : can be tested now
[09:53]   Shai : we will hold for new entries for next 30 mins- let price clear here and IB get done
[09:54]   Shai : Mon morning early morning seller v/s today’s early morning buyer
[09:54]   Shai : can still move a lot today
[09:54]   r m : ok
[09:55]   Shai : 8127 F was the high of that morning
[09:55]   RK : many Biggies will come out of yawning today 🙂
[09:55]   Ashish : Shai, if monday sellers taken out, then 8200 is possible?
[09:58]   Shai : yes 8190
[09:58]   Ashish : thanks
[09:59]   Shai : just watching vwap here closely
[09:59]   Shai : price n orderflow not in sync
[09:59]   Shai : but price is supreme and the sellers will feel the pressure over vwap and cause a short covering drive
[10:00]   Shai : below vwap – over for bulls and test of pdh/ vah
[10:00]   RK : at the same time one small push below VWAP may shake new buyers also..going to be a busy day for sure..
[10:01]   Shai : spot traders on positional now 8055 supp
[10:01]   Venkatesan : new seller too RK
[10:01]   Shai : 8146 res
[10:01]   Shai : BN 17560 supp and 17780 res
[10:01]   RK : Venkat so far no seller..lets see if any of our friends here jump in 🙂
[10:02]   Venkatesan : i mean new seller come in
[10:02]   Naveen : is responsive selling happening at high in bnf
[10:02]   Venkatesan : below vwap
[10:02]   Venkatesan : i agree with rk
[10:02]   Shai : Naveen looks like profit booking in longs
[10:03]   Venkatesan : where is hement, i bot 8100 call from him sterday
[10:03]   Shai : BNF can do 17730 here
[10:03]   r m : @Venkatesan 🙂
[10:04]   Chetan : shai in bn more r less delta is negative
[10:04]   r m : @Venkatesan, you planing to hand it back to him now with thanks? 🙂
[10:05]   Pawandeep : @shai how u treat first 15min fp candle with – 4 lakh delta
[10:05]   Venkatesan : S
[10:05]   Tejpreet : Shai when you give us cash lvl in stock queries are they valid till prices hit those or are they valid for a week, basically when to review them again.
[10:05]   Venkatesan : :))
[10:06]   Soumya : bank nifty chart’s band cannot be seen
[10:06]   Shai : better?
[10:07]   Shai : Tejpreet valid till price hits them but if not and we are into a new week then please check again
[10:08]   Shai : We work with weekly volume profile on stocks and it is best to review every start of the week
[10:08]   Tejpreet : Thanks…Cairn giving a dip from highs …can it be brought.
[10:08]   Ashish : Shai, do you see OTF in wockhardt at today’s open..
[10:08]   Sreedhar : Shai even in BN the rise shows no green in delta ?
[10:08]   Soumya : I still can’t see whether the band is green or pink
[10:09]   Rahul G : soumya it is pink in BN
[10:09]   Rahul G : and green in nf
[10:09]   Shai : icici at that 295 res
[10:10]   Shai : cairn is good abv 174 all day but intra day steam may run out at 178.5
[10:10]   Shai : positional cairn better abv 181 clsing this week
[10:11]   Vikkas C : yeah shai ..booked icici @ 293.50 will re enter if 296 crossed
[10:11]   Shai : so watch if it closes abv 181 and now supp is 171
[10:12]   Soumya : Thank you
[10:13]   Venkatesan : shai ITM calls 60 rs premium, can i short ITM and BUY NF
[10:13]   Shai : yes wock OTF of today meeting earlier seller just like NF
[10:13]   Tejpreet : thanks Shai.
[10:13]   Shai : but vol is better today adn price abv 1330 can do 1380 intra
[10:14]   Shai : pos 1440 possible if day lows of today hold for next 2 sessions
[10:14]   Ashish : Thanks a lot Shai
[10:14]   Chetan : shai band turn pink mean if v want to short can initiate now??
[10:17]   Vikkas C : shai is that buying at 8098
[10:17]   Tejpreet : Ago 8096 refers to 155300 ?
[10:17]   Tejpreet : Algo
[10:18]   Shai : No Chetan shorts below vwap only
[10:18]   Chetan : ok
[10:18]   Venkatesan : big buy of 749752 at 8098
[10:18]   Shai : SreeDhar refreshed data in BNF- yes there are buyers
[10:19]   Sreedhar : Thanks Shai..
[10:20]   Chetan : selling tail on 8 do have any implications here??
[10:20]   Chetan : 8090-8130 renge selling tail
[10:21]   Shai : No they are under pressure till current price is abv vwap
[10:22]   Shai : (09:59) Shai :just watching vwap here closely
[10:22]   Shai : (09:59) Shai :but price is supreme and the sellers will feel the pressure over vwap and cause a short covering drive
[10:23]   Venkatesan : shai 780900 is fresn buy or short covered?
[10:23]   Venkatesan : at 1015 hrs
[10:23]   RK : clear bullish signals in charts here..better to go short after getting double confirmation
[10:24]   Venkatesan : s rk macd oversold sterday
[10:24]   Varun : shai wht was the vah for bnf on 3rd june
[10:25]   Varun : arent we in 3rd’ value area
[10:25]   Shai : 8096 new purchase
[10:26]   Tejpreet : (09:59) Shai :price n orderflow not in sync. Nifty still pink strange.
[10:26]   Venkatesan : thank u shai
[10:27]   Dharamveer : fture trading below spot in both NF and BNF
[10:27]   Shai : Varun 17888 vah
[10:27]   Dharamveer : yesterday it was high i suppose
[10:27]   Varun : so tht should be the probe now as we are above poc of tht day ?
[10:28]   Shai : NF is a bullish drive today holding vwap
[10:28]   Pawandeep : @shai how one get huge order @ 8096 without move?
[10:28]   r m : @Varun, still in 4th and 5th VA I think http://screencast.com/t/S9lZPbzesrhz
[10:28]   Shai : AMT tells us it is long and bullish abv vah, pdh and vwap
[10:28]   Shai : we only wait for previous singles at 8127 to cross now for more conf
[10:29]   Shai : BNF same logic also bullish and yesterday close abv vah told us that move was on long side
[10:29]   r m : @Shai, now NF can be bough above IBH with vwap- filter as stop for review at 8127?
[10:30]   Shai : now 17740 is res in BNF abv which 17825 is our obj
[10:30]   Shai : abv 8130 our obj is 8190 in F
[10:30]   Varun : rm i think on site shai composed 3-4-5- into a bell curve
[10:30]   Shai : all we do now is watch vwap all day for buyers or new sellers
[10:30]   Varun : and we above the poc of it
[10:30]   r m : ok Varun
[10:31]   Shai : Yes RM add is abv 8130
[10:31]   r m : Thanks Shai
[10:32]   Varun : shai the single prints drive on nifty like after ages
[10:32]   Varun : exact repeat wht u wanted
[10:33]   Shai : On Varun’s suggestion we have daily charts on the blog now in date format from 03/06
[10:33]   Shai : http://vtrender.com/profile-charts-dt-030615/
[10:33]   Shai : just change the date of the link to get that day’s profile
[10:33]   Varun : thanks
[10:33]   Varun : 🙂
[10:34]   John : Thanks Shai and Varun 🙂
[10:34]   Shai : was a good suggestion 🙂
[10:34]   Shai : Is**
[10:34]   Tejpreet : Good one ….Thanks guys.
[10:35]   Ashish : Thanks Guys…
[10:35]   RK : cant get chart for old date..need a login?
[10:36]   Shai : that date format is from 03/06
[10:36]   Shai : but older charts are in prem
[10:36]   RK : fine..fine..got it..typed sunday date 🙂
[10:36]   Shai : yes login reqd for that
[10:36]   Shai : 🙂
[10:36]   r m : @RK, you want NSE to work 24X7 🙂
[10:37]   RK : RM nope..if they reduce to 3 from 5 thats great 🙂
[10:37]   Shai : On sundays also these days some brokers force NSE to open to test their software etc
[10:37]   Shai : ofcourse all mock
[10:38]   r m : yes, one can see exorbitant spikes in NEST 🙂
[10:38]   Shai : Selll BNF 17680 sl of 17745 tgt 17610/ 17570- trade 50% of size
[10:39]   Tejpreet : Shai in case of dip to your target 17570 in BN …positional longs can be inititated there.
[10:40]   Shai : yes
[10:40]   Shai : sl below 17510 all day
[10:40]   Tejpreet : Got it.
[10:40]   r m : interestingly mock trading only shows markets balooning up, never crashes 🙂
[10:40]   Shai : Look abv IBH met sellers in the fottprint so trading 50% size
[10:41]   Shai : footprint*
[10:42]   RK : Shai view on HCL for long pls
[10:43]   Naveen : Shai, we tested neutral extreme day on bnf 6/5, dont u think?
[10:43]   Naveen : *of
[10:44]   Shai : 6th May?
[10:45]   Naveen : 6th june
[10:45]   Shai : ok
[10:45]   Shai : 5th juen – yes
[10:46]   Naveen : 5th june
[10:48]   Dharamveer : where is teh vwap
[10:50]   Tejpreet : Cairn india moving ..part boooked at your resistance around 181 .
[10:56]   Shai : 8084 vwap
[10:57]   Vikkas C : 10-15 points range after the initial 15 mins surge
[10:59]   Shai : Good spotting Tejpreet on Cairn
[11:00]   Tejpreet : Thanks …your lvls helped in buying that dip.
[11:00]   RK : Shai can you advise on HCL pls?
[11:05]   Shai : Pleasure Tej
[11:07]   Shai : HCL looking good fr 943/ 966 pos
[11:07]   Shai : 941 in intra day supply
[11:07]   Shai : supp 916 on day
[11:08]   Shai : easy add bv 945
[11:08]   RK : thanks Shai
[11:08]   Tejpreet : Shai Sbi long can it be inititated now around 260.
[11:09]   Dharamveer : Shai is this short covering looks like p
[11:10]   Shai : yes can be a good place for longs in sbi
[11:10]   Suyash : @shai : when you’re talking about stocks, are you mentioning the spot or future levels?
[11:11]   r m : cash
[11:11]   Shai : cash only in stocks
[11:11]   Shai : Dharamveer yes P shaped and is short covering
[11:12]   Dharamveer : more weakness expected
[11:17]   Chetan : NF @ vwap?
[11:19]   Tejpreet : Shai any signs of LL from 8096 buyer.
[11:21]   Pawandeep : @ sahi with IB range of 100pts , first scenarios Trend day & Second normal variation day?
[11:27]   Pawandeep : @ shai*
[11:28]   Shai : No trend daay only as Open is strong
[11:28]   Shai : will be a failed trend day if pdh and vwap break
[11:28]   Shai : then it becomes a normal day type only
[11:29]   Suyash : they both need to break for it to be a failed trend day?
[11:29]   Pawandeep : thanks:)
[11:29]   Shai : yes
[11:29]   Suyash : ok
[11:30]   Shai : again use vwap as a zone – vwap + filter always
[11:30]   Shai : in a 100 point range don’t short just cos price is 3 points below vwap
[11:31]   Suyash : yes. So ideally the filter should be 8-9 points?
[11:31]   Tejpreet : But if it is a trend day then should not a dip towards vwap be used to buy with at vah.
[11:32]   Tejpreet : sl at vah.
[11:45]   Dharamveer : 8098 7 lakh odd whate is that figur
[11:45]   Dharamveer : is it Sl triggers or longs
[11:45]   Pawandeep : 10:25 Shai : 8096 new purchase
[11:51]   Shai : Buy NF 8098 sl of 8078 tgt 8127
[11:53]   Chetan : bn short shai??
[11:54]   Shai : exit the BNF short trade
[11:54]   Chetan : ok
[11:58]   Ashish : Shai, FA in BNF at day’s high
[12:03]   Shai : Not conf yet
[12:04]   Hemant : Is the move to 8106/8123 Shai?
[12:04]   Ashish : OK
[12:10]   Shai : yes we should look at 8127 now
[12:11]   Shai : vwap was tested and green is stronger today
[12:18]   Dharamveer : where can we expect responsive sellers
[12:20]   Shai : 8127 mostly
[12:21]   Shai : but if vwap is held all day we close at session highs today at 3.30
[12:21]   Shai : can’t stress more the importance of vwap on a trend day
[12:23]   Shai : Going forward we can expect 20 point humps in price and a final dash in the last hour
[12:23]   Varun : rm and me discussed same yesterday
[12:24]   Varun : late afternoon
[12:24]   Shai : jumps**
[12:24]   Varun : breakout from day range on neutral day
[12:24]   Varun : vwap should hold, else could be entire reversal
[12:24]   Shai : yes
[12:31]   Pawandeep : @shai if we short nifty @ 8080 vwap+filter, then day high will br stop loss
[12:32]   Tejpreet : Europe induced dip to vwap comes.
[12:32]   Chetan : yes it should be days high
[12:39]   Shai : yes sl day highs
[12:40]   Shai : tgt pdh/vah
[12:43]   Tejpreet : Shai views on Hindalco ….you had suggested a range of 145 to 121 ….buy dips and sell rises ….does it qalify for longs now.
[12:46]   Varun : can we have vwap on screen
[12:46]   Shai : go long abv 121.7 only
[12:46]   Varun : missing
[12:47]   Shai : monor res at 127.3 then 140 should come on cross
[12:47]   Soumya : shai can you please give your views on cipla
[12:47]   Soumya : looks good to me
[12:47]   Soumya : 585 looks like an important low
[12:48]   Tejpreet : Thanks for hindalco updates.
[12:48]   Varun : thanks
[12:49]   Shai : agree on cipla- today’s low is an OTD
[12:50]   Shai : But I’m more happy with cipla over 598.5 today
[12:50]   Suyash : @shai: could you check techm also? Yesterday it had a nice tail followed by good buying today.
[12:50]   Shai : should cross that on today’s OTD
[12:50]   Soumya : thank you Shai
[12:50]   Soumya : my target for swing is 622
[12:52]   Soumya : any inputs on the target shai?
[12:52]   Shai : yes Suyash signs of a bottom being in TechM- is aceppted back in last week value- should go higher
[12:53]   Shai : 574 is that 1st res in TechM
[12:53]   Shai : short covering abv that
[12:54]   Shai : Soumya looking at 632 poc of that fall
[12:54]   Soumya : ok understood.. thank you
[12:55]   Shai : welcome
[12:55]   Suyash : thanks shai! 🙂
[12:56]   Varun : shai i hope no issues with oink/green of today
[12:56]   Varun : changes to pink at top
[12:56]   Varun : and to greeen under selling
[13:01]   Shai : it’s alright
[13:01]   Shai : green will be stronger abv vwap and vah
[13:01]   Varun : ok thanks
[13:01]   Shai : vol is also good today at 1 pm
[13:02]   Shai : 1 move is pending still in the market
[13:02]   Shai : could come at 2- 2.30
[13:02]   Varun : yup a big upthrust 😉
[13:02]   Varun : all shorts have stops at 8130
[13:03]   Tejpreet : Guess time for early and light lunch ….before upthrust begins 🙂
[13:03]   Varun : 🙂
[13:05]   Vikkas C : SHAI any views on baja-auto ?
[13:05]   Vikkas C : *bajaj auto
[13:11]   Shai : bajaj aucto was a good buy early at 2200 but now needs to cross abv 2242 . Buy abv 2242 for 2280/ 2300
[13:11]   Shai : don’t commit till 2240 clears
[13:11]   Vikkas C : ok thanx shai
[13:12]   Dharamveer : is 8116 sl trigger
[13:13]   Varun : shai cn u adjust volumes in 5 min, full fig nt coming
[13:23]   Varun : thanks
[13:24]   RK null : rest
[13:24]   Shai : rechecking 8116 vols
[13:24]   RK null : test
[13:24]   Varun : come lower 😉
[13:26]   Shai : 8116 is a sell order
[13:26]   Shai : not getting filtered
[13:27]   Hemant : Shai130925 is a sell in green?
[13:27]   Hemant : 13:15 bar
[13:28]   Vivek K : 5 min FP shoews red but 15 min shows green. so could be stop order matched with limit sell order?
[13:30]   Shai : yes
[13:30]   Shai : seems to be an anomaly also to me- can check after mkt hours only 🙁
[13:31]   Shai : For the moment it is a sell order
[13:31]   Hemant : @Venkatesan if you’re here, I went short on 8200 CE & hope you didnt buy from me 🙂
[13:31]   Shai : risk rising for new long positions in NF and BNF
[13:31]   Shai : at the same time existing short positions also not safe
[13:32]   Venkatesan : thank u hement,
[13:32]   Shai : that’s why last hour is crucial
[13:32]   Shai : we should go up to test tat 8116 vol again
[13:32]   Shai : if we fail again we have to exit longs
[13:33]   Venkatesan : 8200 trading 67 but spot will not cross 8250 this series, i am alsogoing to short
[13:34]   Venkatesan : to hement
[13:34]   Venkatesan : 8200call @67
[13:35]   Venkatesan : shorting 8300 is safe,hement
[13:35]   Hemant : Glad to know Venkatesan 🙂 I carry no guilt then
[13:35]   RK null : room looks great in mipad access 🙂
[13:36]   Venkatesan : hement 8100 call sterday, did u sqre it off sterday or 2day
[13:36]   RK null : out of 3 I get a decent view of 2 charts
[13:37]   Hemant : I did, today went short on 7900 PE @ 57
[13:38]   Venkatesan : i shorted the same @51
[13:39]   Venkatesan : buying NF and shorting OTM calls is any good? shai
[13:40]   Venkatesan : hedging at the same exploting the time decay
[13:40]   Shai : sell BNF below 17640 tgt 17550 sl of 17700
[13:41]   Hemant : Not a place to go by feelings, the charts which Shai posted today of previous few auctions, I think I may have to cover the PE short
[13:41]   Venkatesan : s agree hement
[13:44]   Hemant : Waiting for NF Vwap -10 to go, will cover that put
[13:44]   Venkatesan : 89450 buyer @ dval
[13:45]   Vivek K : 5min shows seller.
[13:45]   Vivek K : as shai said he will rectify it. so have to wait
[13:46]   Shai : buyer in NF net
[13:46]   Shai : bNF has sellers
[13:47]   Ashish : Shhai, what should be the average vol. in BNF tick chart – 15 minutes?
[13:47]   Shai : the first row is volu
[13:47]   Shai : 372875/ 285150
[14:10]   Shai : BNf is weaker than NF here
[14:10]   Sreedhar : NF is also weak?
[14:11]   Shai : No NF stays abv vwap
[14:11]   Sreedhar : thanks..
[14:11]   Vikkas C : ANY VIEWS ON TCS ANF INFY
[14:13]   Varun : @rm vwap -10 again wins 😉
[14:14]   Shai : tcs clear buy abv 2604 sl of 2585 tg2640
[14:14]   Shai : is also a positional buy on dips to 2580 now next week
[14:15]   Varun : this is looking like a perfect trend day
[14:15]   Varun : test of wap between 1-2 pm
[14:15]   Varun : and back
[14:15]   Varun : we could end at days highs
[14:15]   Shai : infy also getting stronger
[14:16]   Shai : close abv 2000 good today though I prefer weekly close abv 2022 this week
[14:20]   Tejpreet : (09:36) Shai :if price stays up over here and abv 8060 all morning then shorts will be forced to give in
[14:20]   Tejpreet : Is the sc done in that spike to 8116 or still to come.
[14:22]   Vikkas C : thanx shai
[14:25]   RK : RM 8130 only by 2.30 🙂
[14:26]   r m : yes
[14:31]   r m : @RK, but your HCLTECH did fly 🙂
[14:32]   RK : Yes..Shorts covered at 925 but not gone long there..entered around 932
[14:33]   r m : ok
[14:33]   RK : we had hefty stops there it seems 🙂
[14:33]   Varun : whts the oflow telling @shai
[14:33]   RK : 8125-8130
[14:33]   Varun : are we on for 8200
[14:33]   Varun : or ?
[14:33]   Venkatesan : big seller at 8132
[14:33]   RK : Varun if they can make it, today is the day..
[14:34]   Soumya : what does 0*0 from 8120 to nearly 8130 signify?
[14:34]   Varun : loty of sellers
[14:34]   Varun : but buyers not ging in
[14:35]   Shai : trailing sl for longs now 8120. but place to book is here
[14:35]   Shai : selling seen again
[14:36]   Shai : BNF stops gone on the spike
[14:37]   Pawandeep : @shai next resistance 8165
[14:37]   Shai : yes 8167 spot
[14:38]   Shai : BNF not co-operating
[14:38]   RK : ok TCS takes off
[14:38]   RK : BNF and AXIS not at all moving
[14:39]   Shai : IT is
[14:39]   Vikkas C : INFY also has taken off
[14:39]   RK : yes
[14:40]   Shai : NF lots f selling
[14:41]   Shai : cover all long positions
[14:43]   Shai : there was a query on algo yesterday
[14:43]   Shai : we have seen 2 today
[14:44]   Shai : 1 at 8096 and this one at 8140
[14:44]   Dharamveer : 8132 is it sl trigger or big seller
[14:44]   Shai : 8118 is a sl and 8132 are sellers
[14:47]   Shai : If bnF gets in again we close at day highs
[14:47]   Shai : 17770
[14:48]   Pawandeep : @shai what u expact today as reversal
[14:48]   Venkatesan : nf addition is advisable shai?
[14:48]   Tejpreet : Shorts rushing out to many 0*0 today 🙂
[14:48]   Shai : Venkatesan yes put sl below 8117F
[14:48]   r m : out at duck? 🙂
[14:48]   Shai : tgt 8165/ 8189
[14:48]   Venkatesan : thank ushai
[14:49]   Shai : Buy BNF 17740 tgt 17825 sl of 17685
[14:49]   Shai : let’s recover the points in those sl’s
[14:50]   Shai : NF can push to 8189 tom
[14:53]   Tejpreet : sellers piling on ..reds are shorts or profit booking.
[14:56]   Shai : shorts are more
[14:56]   Tejpreet : Set up looks good for gap up tmrw if global cues support.
[14:56]   Shai : one close at the highs today and we will buy some cheap PE tom with sl abv 8210 F
[14:57]   Shai : at this moment looks like 50 points upside and 150 on downside
[14:58]   Pawandeep : can we buy 50% puts here
[14:58]   Sreedhar : BN 17800 res?
[14:58]   Shai : yes
[14:58]   Shai : play s still for a close at highs so we will stick with than BNF longs
[15:01]   Vikkas C : SHAI whats that in bnf @ 17768 is that buying
[15:02]   Vikkas C : 101675
[15:02]   Venkatesan : nifty spot above weekly high
[15:03]   Shai : Buy a 8000 PE here
[15:03]   Shai : we will keep it for tom
[15:03]   Shai : cut down on excess longs taken today
[15:04]   Shai : selling is intense
[15:04]   Shai : upside is capped
[15:04]   Shai : exit the BNF long trade
[15:07]   Dharamveer : where can it close shai
[15:07]   Porus : Shai, close below 17670s (weekly HVN) can we expect revisit to lows?
[15:07]   Shai : No porus for lows this week 17550 has to break
[15:08]   Porus : ok
[15:09]   Shai : I was half convinced for 8165/ 8190 at least on the spike by close but sellers are intnse here
[15:09]   Shai : typical day like this generally ends at day high
[15:11]   Tejpreet : Could be the initial longs booking out and we have a gap up tomorrow around 8165.
[15:11]   Shai : possible
[15:11]   Shai : Open has to confirm
[15:11]   Pawandeep : @shai now what you expact 2marow? any attempt for 8186
[15:11]   Shai : but for now it is 8110- 8154 spike
[15:11]   RK : and Varun got a poor high again 🙂
[15:12]   Tejpreet : Bajaj auto runnning above 2240.
[15:12]   Shai : Pawndeep 895 supp tom
[15:12]   Shai : if not held we will reatrace
[15:12]   Shai : retrace*
[15:12]   Shai : 8095
[15:12]   Pawandeep : 2marow kra 8095
[15:13]   Shai : BNF is the leader and not particapting in the run up is a problem for the bull
[15:14]   Tejpreet : If BN got to move then SBi needs to move Sbi 260 call at 7 could turn out to be the so called lottery trade 🙂
[15:15]   r m : at 8.5K that is one expensive tkt 🙂
[15:17]   Tejpreet : It includes unlimited beverages ( that is lot of time ) 🙂
[15:17]   Shai : BNF stuck at 17680 all day . some bad trades in BNF today 🙁
[15:17]   r m : lol
[15:17]   Varun : no poor high
[15:17]   Hemant : 🙂
[15:18]   Varun : these poor highs and lows will make the country poor 😉
[15:18]   Shai : 8110- 8154 spike is our ref for tom trade
[15:18]   RK : Varun that small tail invalidates the poor high aspect?
[15:18]   Varun : tail is a tail
[15:18]   Tejpreet : Bajaj auto gives 20 points.
[15:19]   Varun : but the bottom tail much much bigger than high tail
[15:19]   r m : yeah Varun, your affinity to poverty made me suspect that you are a disciple of RaGa 🙂
[15:19]   RK : fine..I thought small tails can’t wag 🙂
[15:19]   Varun : therefore bulls have it
[15:19]   Varun : very dangerous sometimes
[15:19]   Hemant : Lol @ RM
[15:19]   Varun : they bite 😉
[15:19]   RK : right 🙂
[15:19]   Varun : see the tail at 8485
[15:19]   Varun : was like 2 -3 tpos
[15:20]   Varun : and then boom
[15:20]   RK : yeah that was a strong bite there..
[15:20]   Shai : the weekly looks crumpled to me here and I feel we close at 8066 on friday in NF
[15:20]   r m : now that speaker has given his ruling (bulls have it, bulls have it) tomorrow may be an easy day to trade 🙂
[15:21]   Sreedhar : @varun tail at 8485?
[15:21]   Varun : all those with bulls say aye
[15:21]   Tejpreet : aye till 8165 8192 and then bye 🙂
[15:21]   Varun : 😉
[15:22]   Varun : this could stretch till 8274/8365
[15:23]   Dharamveer : 800pe BTST ?
[15:23]   Sreedhar : Thanks Varun..
[15:23]   Shai : Yes Dharamveer
[15:24]   Shai : Today’s auction has a tail which should keep the positional buyer intersted till VPOC is protected tom
[15:24]   Shai : if vpoc goes tom it falls fast
[15:25]   Shai : review at 8095 for shorts and longs
[15:25]   Chetan : vpoc of tomorrow value?
[15:25]   Shai : yes
[15:25]   Shai : should be 8095
[15:25]   Tejpreet : Bajaj auto booked 2266 …thanks Sahi FOR PERFECT LVLS.
[15:25]   Shai : will place the correct price on blog tonight
[15:25]   Shai : Cheers
[15:30]   RK : thanks and bye all
[15:30]   Sreedhar : bye everyone..
[15:30]   Shai : a mix of long uninding and new shorts at the close
[15:30]   Shai : Bye all
[15:30]   Venkatesan : thank you shai, rm and friends
[15:30]   Shai : have a nice evening
[15:30]   Hemant : Shai, 8100 CE short and 8000 PE long
[15:30]   Porus : bye all
[15:30]   Vikkas C : thanx shai and bye all
[15:30]   Tejpreet : Bye all.
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Pawandeep : GB all
[15:30]   Dharamveer : Bye all
[15:31]   Moses : Bye all
[15:32]   Hemant : bye all
[15:32]   Sudhakar : Bye all