OrderFlow charts and Notes 11/01/16

[08:45]   r m : Good Morning folks!
[08:45]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-11-jan-15-jan16/
[08:46]   r m : http://vtrender.com/usdinr-jan-f-weekly-view-with-tradeable-levels/
[08:46]   r m : http://vtrender.com/orderflow-charts-and-notes-080116/
[08:47]   r m : USDINR JAN Future Weekly levels | Resistance 67.62/67.81 | Support 66.60/66.35/65.99 | ift.tt/1Pk4N5N
[08:47]   r m : Nifty Spot Weekly levels | Support 7470/7260/7160 | Resistance 7740 | ift.tt/1OTmfE0
[08:47]   r m : Banknifty Spot Weekly levels | Support 16033/15800/15300 | Resistance 16500 | ift.tt/1OTmfE0
[08:58]   Jitender : GM Shai, Rm, folks:-)
[09:00]   r m : Hi Jitender 🙂
[09:03]   r m : NF Hypo1 above 7639➜7677➜7692 SL 7570 | NF Hypo2 below 7570➜7544➜7482 SL 7622
[09:04]   r m : BNF Hypo1 above 16259➜16357➜16395 SL 16150 | BNF Hypo2 below 16100➜15998➜15830 SL 16205
[09:04]   Shai : GM all
[09:04]   Kamakshya : gm sahi
[09:05]   Suresh : Good Morning Everyone
[09:05]   Jitender : Thanks Shai, Rm for the USDINR levels….
[09:05]   r m : @Jitender, thanks, I am the repeater stn 🙂
[09:06]   Jitender : 🙂
[09:06]   Vikkas : Gdmrng all
[09:07]   Vikkas : hi Rm & Shai
[09:07]   r m : Hi Vikkas
[09:10]   Ashish : GM all
[09:11]   Arvind : GM friends
[09:12]   Tejpreet : GM All
[09:12]   Venkatesan : gm shai,rm and to all
[09:15]   Uttam : Good Morning Everyone 🙂
[09:15]   r m : Hi Venkatesan
[09:18]   Shai : Ugly open away from value
[09:19]   Shai : using 7544 upside and 7482 downside as ref line
[09:19]   RK : 16910 to 15910 BNF done 🙂
[09:20]   Shai : if we are below 7544 by clse and not attemting an auction higher, bears have bigger problems this week
[09:20]   RK : GM Shai,RM and all
[09:20]   Vikkas : #Supertrade Rk
[09:20]   Uttam : super RK
[09:20]   Porus : Shai, why will bears have probs?
[09:20]   Tejpreet : rk good one as usual !
[09:21]   Shai : 15995- 15810 in BNF as range
[09:21]   r m : @RK, Good Morning and Congrats!
[09:21]   Shai : *bulls* – (09:20) Shai :if we are below 7544 by clse and not attemting an auction higher, bears have bigger problems this week
[09:21]   Shai : yes indeed Porus why bears 🙂
[09:22]   Porus : Phew!
[09:22]   r m : Bear said “Phew!” 😀
[09:23]   Porus : ead the mind of collective bears
[09:23]   Kris : Good morning friends!
[09:23]   r m : Hi Kris 🙂
[09:24]   RK : thanks folks 🙂
[09:24]   Kris : Great RK!
[09:24]   Kris : I did my own version of the trade – with a screenshot in slack!
[09:26]   Sandeep : awesome kris
[09:27]   r m : Wonderful Kris, congrats!
[09:29]   Jitender : Gm Kris….
[09:30]   Jitender : Congrats Rk, Kris:)
[09:32]   Venkatesan : congrates kris and rk
[09:32]   Venkatesan : rk this is second time nah?
[09:35]   Shai : Nice 1 RK and Kris !
[09:35]   Shai : watching closely how the NF is behaving here
[09:35]   Shai : we are below 2015 POC or in longer charts on it
[09:36]   Shai : with a sl of 7544 NF may attempt 7482 again- cmp 7513
[09:41]   Varun : any profile fr ref of 7500 here
[09:42]   Vikkas : wow dow fut now just -8
[09:42]   r m : looks like Dr (RK) will soon have only one permanent patient in his clinic 😀
[09:50]   RK : 🙂
[09:51]   Kathir : 🙂 GM Shai RM all friends
[09:53]   r m : Hi Kathir, looks like you were too busy booking profits on your PEs 🙂
[09:54]   Kathir : 🙂 thank god I did not had any CE’s 🙂
[09:55]   Kris : Back!
[09:55]   Kris : Thanks all!
[09:55]   Venkatesan : :))))LOL
[09:55]   Venkatesan : RM not kathir but rk
[09:56]   r m : @Kathir, I thanked God for the same reason 🙂
[09:56]   Kris : BTW, 7700CE is looking very interesting!
[09:56]   Kris : kept a buy order at 38 – if it works so be it!
[09:56]   Kathir : RM :
[10:01]   Shai : OAOR open type
[10:01]   Shai : greens from 9.45 again
[10:02]   Sandeep : shai, intra nf short time to exit?
[10:04]   Shai : Sandeep hold 7545, can exit on vwap 7520
[10:04]   Sandeep : thanks
[10:05]   Kris : Between 10.15 and 10.45 one more dip – will be nice.
[10:05]   Shai : BNF 16030
[10:06]   Kris : Sold BN at 16015.
[10:07]   Kris : will cover most at vwap!
[10:08]   Shai : yup big seller
[10:09]   Kris : No Shai – I just sold peanuts 🙂
[10:09]   Kathir : lol
[10:09]   Venkatesan : lol
[10:10]   Kathir : @kris so you love rapid fire rounds only 🙂
[10:10]   Shai : NF greens are staying
[10:11]   Kris : NF O=H so far holding – if that gives up – will reduce short bias!
[10:13]   Kris : Ok – reduced 1/4 for 50 points.
[10:14]   Kathir : super trade kris
[10:15]   Shai : vix staying below 19.55 for now – http://vtrender.com/nifty-bn-weekly-view-spot-for-11-jan-15-jan16/
[10:15]   Kris : kept tsl of 15995 for the rest – safe trade now
[10:15]   Uttam : above 7545 NF can try to close the gap Shai?
[10:15]   Shai : could
[10:16]   Rahul P : shai, whats the ref behind 7545 ?
[10:16]   Shai : staying abv vwap on a gap down shows buy side intent
[10:16]   Uttam : yep
[10:16]   Kris : @Shai – if we are above 7544 your reference level – you think bottom has been made in this down turn?
[10:16]   Uttam : moreover above DH we could even have a short squeeze?
[10:17]   Uttam : Kris looks like we going to have a 10:15-10:30 IBH break 😉
[10:17]   Uttam : your fav
[10:18]   Shai : Rahul ref lines now from old profiles- over a year back- could be tricky also
[10:19]   Rahul P : ok
[10:19]   Uttam : positional NF TSL still @ 7760 right Shai?
[10:19]   RK : Shai the older the ref lesser the imp..right?..can’t say same business remains at such levels
[10:19]   Shai : yes
[10:19]   RK : atleast most of the business must have moved
[10:20]   Shai : could be away by 20 – 30 points and hence can’t rely on it absolutely
[10:20]   Uttam : Shai this morning there was an alert from Alerto to book out BNF positionally fully but its not seen now in the channel?
[10:20]   RK : ok
[10:21]   Shai : That alerto was an alert to close on friday ad we had alsready closed so deleted
[10:22]   Uttam : oh ok
[10:22]   RK : Alerto on debut smashed 1000 on BNF and 400 on NF 🙂
[10:22]   Uttam : highest test score on debut 😉
[10:22]   Kathir : yes RK fantastic open for alerto
[10:23]   Kathir : within no time it smashed
[10:23]   RK : Yeah speed & style together..Sachin+Shewag combo 🙂
[10:25]   Uttam : break of VWAP could be a frsesh short here for 7505 & 7482 Shai?
[10:26]   Kathir : @RK one trade per month like this from alerto is enough for me 🙂
[10:27]   Sandeep : as per sheet levels, QT-0 at 7467. i thikn alerto will look for fresh shorts below that 🙂
[10:27]   Kris : @Uttam – when there are greens, there is a typical Girish swipe that happens – it just goes down below vwap hits all SL – and moves up.
[10:29]   Rahul P : girish swipe??
[10:29]   Uttam : oh pk Kris, thanks for the input. No wonder no IBH break between inauspicious time for bulls, looks like they have targeted RE for later 😉
[10:30]   Uttam : yes what is Girish swipe, Kris>
[10:31]   Kris : Not sure how many of you know Girish – he used to be a great trader of BN.
[10:32]   Uttam : used to be?
[10:32]   Kathir : yeah he is not here for years..
[10:32]   Uttam : ohh he’s not been in touch?
[10:32]   Kris : sorry – he is not active here in recent times – but – one of the better traders of BN I ever saw.
[10:32]   Kathir : he was here around 2010 times
[10:33]   Kris : He used to always enter into the trade on the second touch of vwap – in the direction he wants.
[10:33]   Uttam : oh okies, surprising that in todays world of social media, someone can go missing
[10:33]   Kris : He says the first breakout or breakdown comes back hits vwap and hits all SL – and then moves up.
[10:33]   Uttam : oh ok
[10:34]   Kris : He is not missing – he is not active here.
[10:34]   r m : @Uttam, Girish never liked twitter or facebook 🙂
[10:34]   Uttam : oh ok that explains why he may not be seen
[10:34]   Uttam : and guess some people need that kind of space to work / trade
[10:36]   r m : He is a chip designer by profession and I remember him typing part of complex engg calculations in the chat box here by mistake 😀
[10:37]   Kris : @Rm – he is a real engineer – unlike me – who claims to be one 🙂
[10:37]   r m : lol
[10:38]   Rahul P : seems enggs dominate this board
[10:38]   r m : you both look very real to me. Girish trading style was for a longer time frame then you I think Kris
[10:39]   Uttam : big seller in NF
[10:41]   Kamakshya : CHRT STUCK
[10:41]   Uttam : charts stuck?
[10:41]   Uttam : yep
[10:41]   Kris : so we get another normal day!
[10:41]   Porus : chrt stk
[10:41]   r m : yep
[10:42]   Venkatesan : so kathir u r here from 2010
[10:42]   Uttam : on now
[10:42]   Kathir : yes venk nbetween I escaped
[10:43]   Uttam : where to Kathir & for how long?
[10:44]   Uttam : seller coming up again in BNF also, Kris is that you again 😉
[10:44]   Kris : Bulls spoiled a fantastic chance – by hurrying few minutes before – and doing it in Rahukalam 🙂
[10:44]   Venkatesan : like grisih but come back
[10:44]   Venkatesan : kathir
[10:45]   Kathir : lol venk
[10:45]   Kathir : kris horoscope also
[10:46]   Kathir : @uttam was in and out but had tough with shai always
[10:46]   Venkatesan : kris ji is versatile personality
[10:46]   Shai : Positional – Close out the NF short position fully here – 7540 7550 . we are flat now
[10:46]   Rahul P : @ Kris, plz explain why bulls spoilt chance ehre
[10:47]   Varun : Shai whts the poc of upper balance in 7570/7680
[10:48]   Shai : 7602
[10:49]   Varun : thanks
[10:53]   Rahul P : @ shai, can we look for a 50 % gap fill from here ?
[10:56]   Kathir : @RM many retails enterred long friday eve is it?
[10:56]   Kathir : nf bnf I mean
[11:01]   r m : yes Kathir, also client category built big positions in CEs, PEs and stock futures
[11:04]   Kathir : ok ji thanks
[11:04]   r m : welcome jee 🙂
[11:04]   Venkatesan : rm client you mean rk?
[11:04]   Shai : coukd rise to 7585/ 7602 but high risk
[11:05]   Shai : vwap is the decider
[11:05]   Shai : shorts back in if vwap breaks
[11:05]   RK : not a braoder market upmove here..so stay cautioned on upmoves..
[11:05]   Shai : yes
[11:05]   RK : *braoder
[11:05]   RK : *broader
[11:05]   Venkatesan : :)))))rk
[11:05]   RK : ok got it correct now
[11:05]   Shai : welcome to the club RK 🙂
[11:06]   Venkatesan : :)))lol
[11:06]   Sandeep : hahaa
[11:06]   Venkatesan : vaurn is exper in this
[11:06]   Venkatesan : expert
[11:06]   r m : 🙂
[11:06]   RK : Shai lol 🙂
[11:07]   Kathir : 🙂
[11:23]   Kris : (09:56) Kris :BTW, 7700CE is looking very interesting!
[11:24]   Sandip : n1 kris
[11:24]   Uttam : super yet again Kris, but were you able to fill your position at the price you wanted?
[11:25]   Kris : No Uttam – the second buy was at 38 – so only part quota!
[11:26]   Uttam : oh okies nonetheless great catch & timing as always
[11:29]   Shai : Intra day : Buy BNF above 16010 sl of 15945 tgt 16072/ 16150
[11:35]   Kris : @Uttam – this is a typical example of Girish swipe. – you can see people who played breakout would have got their SL hit.
[11:43]   Uttam : so now time to go long in the same direction?
[11:44]   Shai : BNF in
[11:45]   Uttam : yep
[11:45]   Shai : wrb low imp for rest of the day — vwap was defended
[11:45]   Uttam : so arnd 15980?
[11:46]   Shai : yes poc is calling at 16150
[11:46]   Shai : 16160
[11:46]   Uttam : let it come 😉
[11:48]   Uttam : but Shai above 16145 even 80% will come into play right?
[11:49]   Uttam : BNF making a good RE @Kris 🙂
[11:50]   Shai : BNF on tgt 1
[11:50]   Uttam : to be booked Shai?
[11:51]   Shai : yes part
[11:52]   Uttam : okies & TSL to cost now for remaining?
[11:58]   Shai : yes
[12:09]   Hari : @shai, can we add BNF here
[12:10]   Shai : no
[12:10]   Shai : TSL hit on intra BNF- make an exit
[12:11]   Shai : volatile
[12:16]   Kris : (10:44) Kris :Bulls spoiled a fantastic chance – by hurrying few minutes before – and doing it in Rahukalam 🙂
[12:18]   Kris : I take the IB break between 10.15-10.45 always with a pinch of salt!
[12:18]   Shai : Sell NF 7535 sl of 7560 tgt 7509/ 7482
[12:18]   Shai : Intra day : (12:18) Shai :Sell NF 7535 sl of 7560 tgt 7509/ 7482. Go with 50% size
[12:36]   Shai : exit the intra day short 7545 – not breaking IBH/ vwap decisively
[12:36]   Uttam : yep was abt to ask you Shai that NF is managing to stay above vwap
[12:37]   Shai : first touch of vwap post morning session showed reds but since then not pushed down
[12:37]   Rahul P : can buy 50% ???
[12:37]   Uttam : but both have formed some kind of excess at top today Shai?
[12:37]   Rahul P : for trgts 7570 – 7610 ??
[12:37]   Rahul P : sl vwap + filter ???
[12:43]   Janak : shai that was/is a good sell call man
[13:09]   Kathir : @RK silent?
[13:09]   r m : in cash counting mode 🙂
[13:09]   Kathir : oh great…
[13:10]   Kathir : @RM now our guys dont worry much even if shai go on vaccation..we only need msg from alerto 🙂
[13:11]   RK : Kathir make a move to make a noise 🙂
[13:11]   r m : I have a lurking suspicion that 90% of alerto’s work is done by Shai from behind the screen 🙂
[13:11]   Sandip : lol
[13:11]   Kris : you mean on the phone ?
[13:11]   Kris : ISD call?
[13:11]   r m : now my turn to say “LOL”
[13:12]   RK : RM ofcourse..Pen can only spray ink but you need a writer’s thought for the script and story..right 🙂
[13:12]   r m : yes RK 🙂
[13:12]   Kathir : lol..RK request forwarded to RM sir..to make a move
[13:13]   r m : i have responded by creating noise 🙂
[13:13]   Kathir : lol
[13:16]   Kathir : @RM but you gave 10 point move in nf thanks
[13:16]   r m : oh, did’nt notice that, I had fallen asleep 😀
[13:17]   Rahul P : our RM never disappoints in giving RE….i always ask him for help 🙂
[13:17]   r m : lol
[13:17]   Kathir : great if you were awaken the n the move more than 30 40 points
[13:18]   r m : 🙂
[13:18]   Kathir : next move after europe?
[13:20]   Rahul P : @ RM – just like RE, do u hold any sway over spikes ??? IF yes, plz give me a spike here 🙂
[13:20]   r m : Janak is the spiker here 🙂
[13:21]   Shai : looks like another probe to check that selling at 7578
[13:21]   Shai : vwap+ filter of 8 points is what the bulls are expected to hold
[13:21]   Janak : ha ha i have been selling nf and averaging
[13:21]   Kathir : europe looks like open 0.50 % pside?
[13:22]   Uttam : that is a big seller there right Shai 1.3L something?
[13:22]   Shai : yes
[13:22]   Porus : Kathir, Europe open red to neutral
[13:23]   Sandip : at wat level uttam is the 1.3 seller at?
[13:24]   Sandip : 7578?
[13:25]   Kathir : porus is it opened?
[13:26]   Rahul P : no
[13:26]   Rahul P : 4 mins to go
[13:26]   Rahul P : but futures are open
[13:26]   r m : http://money.cnn.com/data/world_markets/europe/
[13:27]   Janak : eu open = rm starts selling the mkt
[13:27]   Porus : Kathir, that is the expecttion
[13:27]   r m : everywhere spies 😀
[13:27]   RK : http://www.investing.com/indices/major-indices
[13:28]   RK : if mkt is open then you get a green clock in the price ticker otherwise red
[13:31]   Porus : Kathir, opened 44pts down
[13:31]   Porus : But can reverse very quickly. Not safe to use opening numbers
[13:32]   Kathir : porus ok thanks
[13:34]   Uttam : @Kris now it a typical Girish swipe, went below VWAP should have taken all SL & now again back above
[13:35]   Uttam : in the morning it was just a dip but above vwap
[13:37]   Rahul P : @ RM, so you do hold sway over spikes too….. 🙂
[13:40]   r m : 🙂
[13:41]   Rahul P : smiley to confirm……so next time i will catch hold of u for a spike 🙂
[13:45]   Kathir : @Rahul we will ask him provide with alerto kind of thing for spikes :
[13:45]   r m : you want fake alerto alerts? 😀
[13:45]   Rahul P : Kathir, its more of on demand service…..
[13:46]   Kathir : 🙂
[13:48]   Kathir : dpoc 7545 ?
[13:48]   r m : yep
[13:48]   Uttam : vwap also just below it now
[13:48]   Rahul P : RM, one spike to composite VAL plz 🙂
[13:49]   Rahul P : to POC, even better
[13:49]   r m : aha, you want the subsequent 80% for free!
[13:51]   Rahul P : ohh, so basically u wanna give spike to VAH ???? Wow
[13:52]   Rahul P : super thanks RM 🙂
[13:54]   r m : 🙂
[13:55]   r m : Shai gifted you a WRB Rahul 🙂
[13:55]   Kathir : and a big seller at top
[13:56]   Uttam : 67500?
[13:56]   Uttam : adding on to the previous shorts @ same levels
[13:57]   Porus : Europe ignoring China’s underperformance today? China indices heavily down today.
[13:58]   Vikkas : are we flat here on nf and bnf
[13:58]   Vikkas : ?
[13:58]   Uttam : yep Vikkas
[13:59]   Vikkas : thanx uttam
[13:59]   Uttam : np 🙂
[14:02]   Shai : Positional : Buy 7600 ce at 100 sl of 79 tgt 140/ 163
[14:05]   Sandeep : reds everywhere on nifty
[14:06]   Shai : NF can spike
[14:06]   Shai : hope you got in that ce
[14:07]   Uttam : 7600 ce running away
[14:07]   RK : now I can see a broader mkt upmove..all rise 🙂
[14:07]   r m : lol
[14:07]   RK : BNF too hit PDL now..what’s next?
[14:07]   r m : that all rise reminds me of courtroom scenes in holywood movies 🙂
[14:08]   Shai : haha
[14:08]   Kris : back –
[14:08]   RK : that’s intended quote and you caught it well 🙂
[14:08]   Rahul P : super thanks RM
[14:08]   RK : @RM
[14:08]   Kris : 7700CE part booked at 65.
[14:09]   Kris : (09:56) Kris :BTW, 7700CE is looking very interesting!
[14:10]   Shai : 16230 in BNF possible
[14:10]   Shai : NF in atechnical 80%
[14:13]   Shai : 7583 supp
[14:14]   Shai : 16043- 24 in BNF
[14:14]   Vikkas : shai wondering if we cud initiate a short trade in NF here with stop abv YVAH
[14:19]   Kris : @Shai – any pointer on what volumes today are like?
[14:19]   Shai : 7640 if shortng
[14:19]   Shai : but sell below 7585 better now
[14:19]   Janak : shai bn can be shorted between 16100 and 230 for 16k eod?
[14:19]   Kris : not yet convinced that bottom is made … I requested your view in the morning.
[14:20]   Vikkas : thnx
[14:20]   Rahul P : shai, gap rules….we moved too far from value now
[14:21]   Shai : Vol is just abv avg
[14:22]   Shai : yes no sign of agood bottom – is just short covering
[14:22]   Janak : kris ?
[14:22]   Kris : Thanks Shai!
[14:22]   RK : without this move, Shai cannot roll “alerto” for 7200 🙂
[14:25]   r m : @RK, diving platform? 🙂
[14:25]   Kathir : @shai two or more WRB’S in a single day does mean big players inside?
[14:25]   RK : RM jumped out morning itself 🙂
[14:26]   r m : ok 🙂
[14:26]   Kris : Caution! For all the rally we have, the Value is forming lower to yesterday Value – which means – bulls are not out of woods! #MarketProfile0 retweets 0 likesReply Retweet Like View Tweet activity More
[14:26]   Rahul P : chaars kris…
[14:26]   Rahul P : *cheers
[14:27]   Rahul P : looking for a short entry…need a ref
[14:27]   RK : Kris in a simple lay man language, after a big move, avoid a contra entry for positional..
[14:28]   Kathir : @rahul – 14:19 Shai : but sell below 7585 better now
[14:29]   Kathir : @rahul – 14:19 Shai : 7640 if shortng – SL
[14:29]   Kris : yes RK – but general tendency is to expect a V shaped recovery – specially if it is a bottom on a longer time frame.
[14:30]   RK : agree
[14:31]   Kris : interestingly, getting more likes for bearish tweets than bullish 🙂
[14:35]   Rahul P : @ RM, one more spike plz…this time to vwap 🙂
[14:36]   Sandeep : shai, missed 7600 ce previously….keep order open?
[14:37]   Janak : 16160 to 16090 done sir
[14:38]   Kathir : wow janak
[14:38]   r m : mubarak ho bear bhai 🙂
[14:38]   Rahul P : rm, meri bhi suno….spike plz
[14:38]   Kris : we follow market – Market follows Janak 🙂
[14:39]   r m : koshish to karee thee, Janak diverted it to BNF 🙁
[14:39]   Janak : rahul – when address rm with a request – try to squeeze the word ‘beer’ somewhere ; and c the result ;;
[14:40]   Rahul P : thnaks for the heads-up @ janak
[14:41]   Rahul P : @RM-beer ki kasam, ek badhiya bear spike plz
[14:42]   Porus : @shai, can you move the 30min nf chart down a bit?
[14:45]   Kathir : @RM nf volumes matches with last mon?
[14:46]   r m : roughly equal the average volumes for last 5 days
[14:46]   Kathir : ok
[14:46]   r m : did not match it with last monday because that was a holiday with very low volumeds
[14:46]   r m : *volumes
[14:46]   Janak : luckily rm has not read my comments reg beer – bach gaye bhaiya 🙂
[14:47]   r m : @Janak, no beer please, only bears 😀
[14:47]   Kris : @shai – theory question – if today closes at highs – can we call this a DD day?
[14:47]   Kris : Secondly – if it is a DD – can we say trend has changed?
[14:47]   Kathir : @RM 4th jan holiday.. ?
[14:48]   r m : oops
[14:50]   RK : Kris I was looking for DD in composite of 2 days..
[14:50]   r m : I guess volumes are lower then last monday
[14:50]   Janak : kris 16125-16075 done
[14:50]   Janak : when kris is around i m charged to sell the mkt
[14:52]   Kris : My grand father used to use a word called “Nirgandha Kusumam”
[14:53]   r m : @Kathir, 4th Jan was a huge volume day, today lower then that
[14:53]   Kathir : @RM thanks
[14:54]   Kris : it is in Telugu – translates to flower without fragrance!
[14:54]   Shai : No Kris not a DD
[14:55]   Kris : Thanks Shai.
[14:55]   Kathir : @shai @shai two or more WRB’S in a single day does mean big players inside?
[14:56]   Shai : yes
[14:57]   Shai : OTF presence
[14:57]   Kathir : ok thanks shai
[14:57]   Shai : 7585 holding now
[14:57]   Shai : back to 7585- 7640 bracket
[14:58]   Janak : till 10.30 tom shai?
[14:58]   Janak : or we move to 7800 in a week?
[14:58]   Venkatesan : lol
[14:58]   Shai : @ Janak where were you last week when all of us were pumping shorts here
[14:58]   Venkatesan : yes shai
[14:58]   Janak : in crude-world 🙂
[14:58]   Shai : now allow them to book a bit also
[14:59]   Janak : ha ha – your orders accepted sir
[14:59]   Janak : am i but allowed to take these easy shorts like 160-090 and 125-075?
[14:59]   Shai : another 100 point rise is a great short entry again
[15:01]   Janak : dlf these days behaves like a monk in a cave – half the time it is in ban period 🙂
[15:01]   Janak : today from 107 to 113 – why? ban period 🙂
[15:03]   Janak : 16095-055 done shai – now dont tell i didnt give them an opp to book – it went up from 16060
[15:05]   r m : @Shai, 7600CE coming close to entry price again, can enter now?
[15:06]   Rahul P : RM, transition from bear to CE ??
[15:06]   Porus : @Shai, cant see the nf 30 min candle? Pls move it down.
[15:06]   r m : I am not a bear, that is Janak’s insinuation 🙂
[15:06]   Kathir : nf below 85
[15:06]   Shai : 7600 ce we will carry
[15:07]   r m : Thanks Shai
[15:07]   Janak : 🙂 ye garmjoshi he ye khafayindgi janaab? ;
[15:07]   r m : 🙂
[15:08]   Janak : wazir-e-alaam shai-miya ne ce ka farmaan nikal hi diya to gaurtalab he ki……
[15:08]   r m : you know Janak, I am a veg no salmons for me, only grass 😀
[15:08]   Rahul P : weed ???
[15:08]   r m : lol no
[15:09]   Kathir : @RM nowadays janak not mentioning Illeana 🙂
[15:09]   Rahul P : 15:08 Rahul P: shai, why carry positional ce when value developed is non overlapping and lower ???
[15:09]   Janak : beautiful setup will be if bn now goes below 16k and hits 15950
[15:09]   r m : @Kathir, may have been a painful alimony case 😀
[15:09]   Janak : it will confuse every single player in the mkt
[15:10]   Kris : except Janak!
[15:11]   Kathir : dpoc still 7545?
[15:11]   Janak : kris overall spot values NS/BNS – -35/-120 – so u know who holds this mkt still
[15:13]   Janak : i want 980 before eod
[15:14]   Kathir : janak vwap 15999
[15:15]   Janak : yes kris – got out mostly at 16005
[15:16]   Janak : but a 20-30 dip below 16k will create panic in OTF buyers
[15:18]   r m : panic and OTF, that is an oxymoron, OTF spread panic 🙂
[15:18]   Janak : ha ha rm 7615-7575 – apna chai-paani done
[15:19]   r m : good, congrats!
[15:19]   Shai : we came back to probe friday POC and met sellers- feel one more probe should be there upwards tom/ dayafter to check business there
[15:19]   Kris : the presence of Janak is what causes the panic everywhere – otherwise 20-30 point dip in BankNifty causing panic in OTF – hmm… difficult to grasp
[15:19]   Shai : overall good day by bulls , started by defending vwap
[15:20]   Janak : lol kris that was a quiet 16180-16105 fall
[15:20]   Janak : compared to 840-149 rise
[15:20]   Shai : 7545 ref line tom again
[15:21]   Janak : 16180-16005
[15:23]   Kathir : @shai to check business near 7700?
[15:24]   Sushovan : Shai 7700CE to carry overnight rite ?
[15:25]   Shai : yes
[15:25]   Janak : or was it 7600ce?
[15:26]   Shai : 7600 it was
[15:26]   Shai : is*
[15:26]   r m : 14:02 Shai : (14:02) Shai :Positional : Buy 7600 ce at 100 sl of 79 tgt 140/ 163
[15:26]   Sushovan : oh ok,7600 .sorry.typo.thanks Shai
[15:27]   Janak : no thnx to me sushovan? 🙂
[15:28]   Jitender : bye all & tc….
[15:29]   Ashish : BYe all..
[15:29]   Venkatesan : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Suresh : bye all
[15:30]   Shanmugasubramanian : bye all
[15:30]   Shai : Bye all
[15:30]   Kathir : thanks and bye all
[15:30]   Shai : Have a nice evening
[15:30]   Janak : rm shanghai wale bears ko US mkt bhejna ;;
[15:30]   Uttam : thanks all
[15:30]   RK : bye all..lets grind tmw
[15:30]   Uttam : have a nice evening 🙂
[15:30]   Porus : bye all
[15:30]   Kris : looks Shai’s saying of NSE traders some of the sharpest across globe is right again.
[15:31]   Tejpreet : Bye all
[15:31]   Kris : last 10 minute rally indicates a few things – let us see tomorrow!
[15:31]   Kris : Bye Shai – thanks a lot!
[15:31]   Kris : Bye all
[15:31]   Uttam : yes Kris buying interest seen in CE?
[15:31]   Janak : play for a an easy 20-30 at gap up
[15:32]   Janak : if there is one ;
[15:32]   Vikkas : bye all

[09:20]   Uttam : Shai Asian paint levels please?
[09:33]   Shai : asian 864/ 858 2 supports for the week res at 880/ 889
[09:34]   Uttam : thanks Shai
[09:36]   RK : TCS getting weaker..tmw results
[09:36]   Jitender : Shai…Tx for the weekly USDINR levels
[09:36]   Jitender : pls give the intra levels
[09:39]   Shai : tcs wek below 2376-80 into tomorrowif break 2350 now can slide to 2292
[09:40]   RK : yes..thanks
[09:40]   r m : @Jitender – from the blog – if the auction is within 67.05 and 66.60 it would mean buy dips and sell rises to these points.
[09:41]   Shai : usdinr 66.89 supp below that can slide to 66.75
[09:41]   Jitender : k…tx
[09:49]   Uttam : Asian Paint breaking 864 & sustaining
[09:52]   RK : Shai Maruti got agressive buyers at lows today?..4124 precisely done..looking for short on this bounce
[10:03]   Shai : yes Marut that 4124 is imp over next few weeks, should do 4266 next over 4180 intra
[10:04]   RK : its bouncing sharply..let the bounce play fully and fade..lets wait..thanks
[10:05]   RK : Fresh shorts here on DR Shai? waited for whole week and looks today we can short it!
[10:30]   Shai : yes dr u have a short here 3010 sl and can give 2913/ 2868
[10:36]   RK : thanks 🙂
[11:06]   Porus : Shai, what do chcarts say for Ify?
[11:06]   RK : What a jump in Maruti!
[11:08]   Uttam : Asian seeing short covering?
[11:08]   Uttam : RE on the upside
[11:09]   r m : shai [11:08 AM] infy weak below 1062 intra and has supp at 1046-49- major weakness oly if 1046 goes on larger TF
[11:09]   Porus : ty RM
[11:11]   r m : welcome
[11:21]   Shai : Maruti 4266
[11:21]   RK : Yep..Maruti and Asian north side travel
[11:21]   RK : DR south
[11:23]   Uttam : covered Asian @ 866, today if had reversed would have got more than the actual short position 😉
[11:24]   Shai : asian headed for 889
[11:24]   Uttam : yep Shai will look for clues to short there if get any
[11:24]   Shai : yes good short pick in DR
[11:24]   RK : If mkt shows strength, Asian wil attract more buyers as it decently managed overall mkt fall and results are ahead on 18th Jan
[11:25]   Shai : ok
[11:26]   Uttam : yep that is one factor abt Asian, results on Monday next
[11:49]   RK : Asian what was that pull back high?
[11:59]   R Goel : shai views on BPCL plz
[11:59]   Uttam : view on ACC Shai, will remain weak till it is below 1300? good bounce to short here?
[12:01]   Uttam : RK Asian in fut 886.85
[12:01]   RK : thanks Uttam
[12:01]   Uttam : we had a fat finger start today, don’t tell me its gonna go there (Asian)
[12:03]   RK : you mean 894? 🙂
[12:05]   Shai : bpcl 888 is a minor supp but any upmove intra may run int selling at 896/900
[12:05]   Shai : is a short on close below 888 also
[12:06]   RK : Shai BPCL certainly making it ready for one very big move..min 100 non stop..keep this on tab pls..
[12:06]   Shai : acc if stays abv 1284 can attempt 1310 sl of 1275
[12:06]   RK : some event/announcement/news wrt crude oil might trigger such move..
[12:06]   R Goel : rk on which side do you expect it
[12:07]   RK : R G that’s a tricky part..honestly dont know 🙂
[12:08]   R Goel : i guess till 905-915 not crossed on closing spot basis the trade should be on the short side
[12:08]   RK : last week I had to change my stance thrice and currently on short bias
[12:09]   RK : yes..but this makes faster move to surpass your levels and to change your bias.
[12:23]   Hardik : @Shai: Any views on HDFC ?
[12:26]   Shai : hdfc profile of friday sugg long liquidation, currently has supp at 1148 but can drop to 1118- 1111 if broken
[12:27]   Hardik : @Shai: Thanks !
[12:32]   RK : Shai HCL balancing at lower end of yearly lows..time for sub 800 levels?
[12:34]   Shai : looks weakish below 840 clsoing and headed to 785/770 . close below 815 is new short trigger today
[12:34]   RK : yes closed old shorts..looking to reinitiate..thanks
[14:19]   Uttam : super call on ACC Shai, though did not trade long but was looking to short which I did not after your levels
[14:22]   Tejpreet : Shai views on HDFC .
[14:23]   Tejpreet : oops found in stock sheet!
[14:38]   RK : Uttam Asian respecting that PB high
[14:38]   Uttam : yep RK was watching it
[14:40]   Uttam : but not looking to short now, will enter tom as may be making a balanced profile today after that spike @ open
[14:41]   Uttam : plus it has a tail @ today’s low & closed just once below Shai’s 864 level after hwich has been above it all day
[14:42]   RK : Short is done..looking for longs above high
[14:42]   RK : 863-858 if bottom made means still those buyers defending them..may be next time they will give up
[14:43]   Uttam : yep could be a long trade next, got 2 good short trades for 10 points each Friday & today
[14:43]   RK : cool
[14:45]   Uttam : will also keep a tab on BPCL from tom after your warning about a big move coming in that
[14:49]   RK : yeah me holding tail with holding cost growing big 🙂
[14:50]   Uttam : BPCL?
[14:50]   RK : yes
[14:51]   RK : someone pls remind TCS traders that results are tmw..its like a stone in the well since open 🙂
[14:56]   Kathir : @RK what time they give reults normally-after mkt
[14:57]   RK : Kathir this time may be after mkt..thats why no action today..may be reserved for tmw
[14:58]   Kathir : mmmm ok
[15:10]   Gaurav : Shai can buy Mindtree for 1510+?
[15:16]   Shai : yes mindtree can do 1511 – dips to be bough with 1424 as sl closing basis
[15:16]   Gaurav : Thanks Shai
[15:20]   Uttam : Shai some good buying seen in Cairn today?
[15:23]   Shai : cairn abv 132 only confirms
[15:23]   Uttam : okies Shai
[15:28]   Uttam : LT also closing strong so could be on longs list tom