OrderFlow charts and Notes 12/08/15

[08:38]   r m : Good Morning folks!
[08:38]   r m : http://vtrender.com/levels-and-plan-for-12th-aug/
[08:38]   r m : http://vtrender.com/orderflow-charts-and-notes-110815/
[08:39]   r m : http://vtrender.com/option-values-dt-110815/
[08:39]   r m : Nifty AUG Future levels | Key reference area 8537 | Hypo1 above 8537➜8560➜8595 SL 8501 | Hypo2 below 8460➜8427➜8395 SL 8509
[08:39]   r m : Banknifty AUG Future levels | KRA 18835 | Hypo1 above 18840➜18925 SL 18760 | Hypo2 below 18550➜18450 SL 18645
[08:43]   Manoj : GM RM
[08:43]   Manoj : GM ALL
[08:44]   r m : Hi Manoj
[08:45]   Mohul : GM All
[08:49]   r m : Results today – Voltas, Relinfra, Coalindia, jindalstel, abirlanuvo
[08:51]   John : GM all 🙂
[08:52]   r m : Results tomorrow – DLF, Tatapower, IRB, NBCC
[08:53]   Shailesh : GM RM, Shai and all
[08:53]   r m : Hi Shailesh
[08:54]   Shailesh : 🙂
[08:55]   Shailesh : sgx down 60 odd points
[08:55]   Vikkas C : GM all
[08:56]   r m : yep, already at hypo2 first taget!
[08:57]   Shailesh : yup RM..so as soon as it opens we r all gonna go for shorts ?
[08:58]   r m : Pre-market will give a better direction, there is no underlying at SGX, so its price is quite often not followed here
[08:58]   Shailesh : as shai mentioned in the post tht 8330 is the zone for buyers to step in..so a fall till there or before itself only ?
[08:59]   r m : if indeed there is a 60 points gap down open, very unlikely in my view, then we’ll find buyers – at least initially
[09:00]   Shailesh : alright rm thanks
[09:00]   r m : there being no underlying at NSE, no buying can emerge in cash markets there. We have to ultimately remember that cash markets drive futures even though most of the time it appears other way round 🙂
[09:01]   r m : **no underlying at SGX
[09:01]   r m : wow, USDINR going thru the skies!
[09:02]   r m : 65.02 high
[09:03]   r m : crude at 43, so at least crude import is balanced!
[09:03]   Shailesh : 64.22 was a crucial level to watch for yesterday it was broken so now 65.40 to watch..
[09:03]   Vikkas C : RM looks that 65.02 is a frk high on futures
[09:03]   Shailesh : yup rm..:)
[09:03]   r m : ok Vikkas
[09:04]   Vikkas C : when crude was at 120$ petrol was 70 and today @43$ and its almost the same price
[09:04]   Shailesh : GM shai..
[09:04]   Shai : GM all
[09:04]   Shailesh : please share rupe dollar resistance and support
[09:04]   Manoj : gm shai
[09:05]   Sandeep : gm all
[09:05]   r m : yes Vikkas, at that time it was subsidized and taxes were reduced, now you are paying the market cost plus taxes
[09:05]   Vikkas C : petrol rightfully shud be priced ard 35 in india
[09:05]   r m : that is why oil marketing companies are going to skies 🙂
[09:06]   Vikkas C : yes RM..sucking common mans blood
[09:06]   r m : @Vikkas, you mean there should be no taxes on petrol
[09:06]   Vikkas C : there shud be ..but the taxes that we pay is absorbitant
[09:08]   r m : 14% is GST I think but state govts have fought to keep petroleum products outside its purview to skin “common man” 🙂
[09:08]   Rahul B : gm alll
[09:08]   Srini A : GM All
[09:08]   r m : -17 is spot open, BNF shorts likely to get instant reward at open
[09:09]   Rajat : gm
[09:11]   Vikkas C : @RM 🙂
[09:11]   Augustin : GM all
[09:12]   Tejpreet : GM All.
[09:12]   Nishant : GM all
[09:13]   Ashish : GM all
[09:16]   Shai : NF will be wak staying below 8440 F at this open
[09:16]   Shai : weak*
[09:16]   Shai : Hold the 8600 ce- will update
[09:20]   Varun : awesome vol in 5 mins
[09:20]   Varun : could be a drive trend day down
[09:20]   Varun : gaps on news if dnt fill in ib, hardly fill
[09:20]   Varun : lets see
[09:20]   Shai : yes sellers at higher levels
[09:21]   Sandeep : shai buy some puts
[09:21]   Shai : 8407 spot supp intra day
[09:22]   Shai : we will exit calls and buy puts if 8407 spot breaks tgt around 8360/ 8320 F
[09:22]   Shai : 18417 spot support on intra
[09:30]   Varun : shai alomost 14 lakhs
[09:30]   Varun : qualify ?
[09:30]   Varun : fr a drive
[09:31]   Shai : strength in the 8600 ce only if we cross abv 47 . Keep sl at 35 in the system
[09:32]   Shai : I’ve seen god drives with 18L plus
[09:32]   Varun : k
[09:32]   Varun : thanks
[09:32]   Shai : but this one can stay at vwap
[09:32]   Shai : in an OAOR
[09:32]   Varun : but range is small, so lets see
[09:33]   Varun : in high im balance
[09:35]   Shai : Buy 8300 pe with sl below 44 tgt 66
[09:40]   Kathir : GM Shai RM all friends
[09:41]   Sankar : GM Shai, RM, All :). Back from vacation.
[09:41]   r m : Hi Kathir, Sankar – welcome back 🙂
[09:46]   Sandeep : 8600 call sl hit
[09:46]   Sandeep : shai tgt for 8300 pe to be revised?
[09:47]   Shai : Sell NF at 8416 and at 8435 in 2 parts for 8394 and 8367 sl of 8475
[09:48]   Shai : keep a small qty open for a test of vwap to come
[09:48]   Shai : yes sandeep hold for now
[09:49]   Shai : will update
[09:49]   r m : 8300PE hits 66
[09:50]   Varun : rm my wild this put will hit a century and a double
[09:50]   Varun : dheere dheere book karna
[09:50]   r m : great Varun 🙂
[09:50]   Varun : like 25 5 each time
[09:50]   Varun : 25 %
[09:50]   r m : ok, thanks
[09:50]   r m : 🙂
[09:57]   Porus : Shai, where id the next nifty spot support?
[09:58]   r m : It was around 8320 i think
[09:58]   Vikkas C : 8330-8650 range playing
[09:58]   Porus : thnks rm
[09:58]   r m : Thanks Vikkas
[09:59]   Vikkas C : RM masti banao mera :p
[09:59]   Porus : Varun, what is the s/t u/t you refer to?
[10:01]   r m : @Vikkas, I quoted support from past notes while you did from experience 🙂
[10:01]   r m : experience taketh precedence 🙂
[10:04]   Shai : BN tgts done for the break from balance
[10:05]   Shai : Porus looking at 8340/60 as next support and 8460 now res on spot
[10:05]   Porus : thanks Shai
[10:12]   Shai : SL has been hit on the weekly Positional 8600 ce . Exit
[10:14]   Shai : BN positional shorts- advising full book here- we will reshort hgher
[10:26]   r m : vwap has not sent back so far
[10:27]   Gaurav : Just a random observation 8600 ce and 19500 ce moving like a dot today, exact same values . Totally Random observation
[10:28]   r m : 🙂
[10:32]   Vikkas C : shai is NF heading to IBH and rejecting from there ?
[10:41]   Shai : No
[10:41]   Shai : can be a normal day though
[10:41]   Shailesh : trading above vwap for last half n hour
[10:41]   Shai : second fill done in NF- now waiting on move below vwap
[10:45]   Tejpreet : Shai NF fresh shorts around 8440 with SL day high plus filter , buy now .
[10:45]   Tejpreet : Buy now meant buy that 8300 put again.
[10:47]   Shai : ok – buy when you see reds at the top of the bar
[10:47]   Tejpreet : ok .
[10:50]   Shai : BN is giving hints that it’s move down may be done for a few sessions
[10:51]   Manoj : yaar iss nifty ne mujhe kangaal karke chod dena hai lagta hai
[10:54]   Shai : hold shorts break of vwap will take it to day lows
[10:56]   Kiran : NF or BNF ?
[10:56]   Shai : nf
[10:56]   Shai : no shorts in BNf now
[11:16]   Tejpreet : (10:45) Tejpreet :Buy now meant buy that 8300 put again. 8300 put booked from 49 odd to 59 odd.
[11:18]   Tejpreet : Need to get in and out fast today as any GST news can maked mkts run away.
[11:18]   Porus : RS adj again
[11:19]   RK : Tej if they pass it today what will they do tmw? 🙂
[11:19]   RK : any other agenda pending to do haragiri?
[11:20]   Tejpreet : @ RK I think they will pass it post market hours …late evening kind of thing 😉
[11:20]   Shai : one more fwd on GST mentioning that Oppn is staging a walkout and Jaya helping BJP get the bill passed tomo
[11:20]   Porus : GST passing today looks doubtful…
[11:21]   RK : Shai I do think it will be passed tmw..Jaya and Modi met in his visit to Chennai last week..mutual understanding done for GST as well as for appeal in SC 🙂
[11:21]   Shai : yup quite possibly
[11:22]   Shai : it is all in the realm of speculation till it happens 🙂
[11:22]   Rahul G : also there is IIP and CPI data today
[11:22]   RK : Yep.
[11:22]   r m : after market
[11:22]   Rahul G : wht if GST gets passed after market hrs
[11:22]   Rahul G : and tomorrow mornig there is arate cut 🙂 just loud thinking 🙂
[11:23]   Tejpreet : Everything will be done after market …big gap up …no entry for retail as usual .
[11:23]   RK : another round positive new floating is CPI no today would lead to cut int rates as China too pushing with its devaluation..
[11:23]   RK : so all in all bulls started spreading positive news 🙂
[11:23]   Rahul G : 🙂 RK
[11:24]   r m : 🙂
[11:25]   RK : so any sharp pullback will be agressively tried by retails for longs today is my perception..
[11:26]   RK : but I will buy only I see 8521 tick as of now on screen 🙂
[11:27]   Porus : Does anyone know which IT companies are bidding for building the GST IT framework?
[11:27]   Manthan : Second point is more logical RK
[11:27]   Kiran : vwap cross gave BNF 50 + points. Not traded. NF just at vwap.
[11:28]   Rahul G : porus only infy and tcs in the forray
[11:28]   Rahul G : ms has dropped off
[11:30]   Porus : Thanks Raul
[11:30]   Shai : buls have disappointd this morning- based on existing support was looking at a quick open drive up if they were keen
[11:31]   Shai : but this struggle here means more long liquidation possible technically
[11:31]   Shai : so far a normal day
[11:32]   Shai : BNF has that support at 18420/ 440 which is the vpoc of a good bell
[11:32]   Shai : gen diff to break at first go
[11:33]   Shai : from 29/07
[11:35]   Ashish : o teri
[11:36]   Manoj : Wht was tht bill passed ???
[11:40]   Shai : NF shrt looking risky- exit and standaside
[11:46]   Shai : usdinr 65
[11:50]   Tejpreet : Another Low for Parliament …as per NDTV Fencing to Keep Trouble-Makers At Bay, a First for Parliament
[11:50]   Shai : inside?
[11:50]   Shai : 🙂
[11:51]   Tejpreet : Yes Shai .
[11:51]   Shai : Meeting a Sharad Pawar’s place at 6 pm today
[11:51]   Tejpreet : http://www.ndtv.com/india-news/fencing-to-keep-trouble-makers-at-bay-a-first-for-parliament-1206446?pfrom=home-lateststories
[11:51]   Shai : 5 parties coming
[11:52]   r m : congi mps are inspired by Papu, they were throwing paper balls at Dy speaker yesterday 🙂
[11:52]   Sandeep : shai holding that 8300 pe though
[11:52]   Shai : Sandeep exit
[11:53]   Sandeep : and 8600 ce also,
[11:53]   Shai : we are standing by for a clearer view
[11:53]   Shai : that sl is in danger for the NF short on that vol spike abv vwap – hence mentioned exit in NF
[11:55]   Tejpreet : Shai ….Global futures till bleeding …europe should open in deep red …….spike to VAL around 8470 can be sold into with SL.
[11:58]   Shai : Yes Tej roughly 8460 spot or around 8495 F is where the sellers should come back
[11:59]   Tejpreet : Thanks Shai.
[12:06]   Kiran : Shai , can u zoom the MP chart NF.
[12:07]   Manthan : adjourned
[12:07]   Manthan : 🙂
[12:08]   Manoj : till 12.30pm
[12:10]   Porus : Shai, is nf a sell if it stays below vwap ?
[12:10]   Vikkas C : news based trading is damn irritating man ..
[12:10]   Vikkas C : staying aside 🙁
[12:12]   Shai : porus sell below 8418 F only
[12:14]   Porus : ok
[12:28]   Sridhar : shai; why sell NF below 8418 only
[12:34]   Shai : Sridhar vwap s showing buying attempts
[12:34]   Shai : these buyers will liquidate if vwap shows signs of pulling out
[12:35]   RK : Shai VWAP line missing in the charts
[12:36]   Shai : it will give a line a complex
[12:36]   Shai : flat at 8433
[12:36]   RK : fine
[12:47]   Manoj : sell now ?? nf
[12:49]   Shai : keep sell below 8418 tgt 8394 with sl of 8438
[12:50]   Manoj : 8415 will b fine ???
[12:51]   Manoj : sold @ 8414.85
[12:53]   Shai : NF becomes a positional sell below 8460F close now for 8330 F
[12:54]   Tejpreet : BN time to get some 19000 call around 90.
[12:57]   Tejpreet : Shai 18200 BN spot is the lower end of Big range ……can we buy positional BN calls around that level if we get there.
[12:59]   Shai : yes , this may still see 18235 F though
[12:59]   Shai : NF selling has come
[13:00]   Shai : see the reds
[13:00]   Shai : (12:34) Shai :these buyers will liquidate if vwap shows signs of pulling out
[13:01]   Tejpreet : Yes NF is definitley weak buy BN shows some greens. have got into 50% 19000 call at 95 …rest will wait n watch.
[13:04]   Shailesh : quick trade bought 8400 ce @109..sold @115
[13:05]   r m : good one!
[13:06]   Shailesh : 🙂 RM
[13:06]   Shai : BNF looking for that 18800 revisiit.
[13:07]   Vikkas C : Rm MO pls 🙂
[13:07]   Manoj : 18800 or 17800 shai ???
[13:07]   Shai : since we are looking for a bounce but price is not confirming the proper startgy woyld be to buy 18500 ce at 250 and sell 2 lots of 19000 ce at 95 against it for a ne week hold
[13:08]   Shai : Manoj postnly view with that range in mind
[13:08]   Shai : not intra
[13:08]   Manoj : ohh ok
[13:09]   Vikkas C : big buyer at ibl
[13:09]   Vikkas C : and vwap band
[13:09]   Manoj : +1 vikas
[13:09]   RK : Vikkas that might be stops below 8400 system triggers
[13:10]   Manoj : i kept a buy @ 8396 and it missed by 10 paise
[13:10]   r m : @Vikkas MO -44 right now
[13:10]   Vikkas C : what lvls shud we keep an eye
[13:10]   RK : Manoj as said earlier if buy means place at @8396.10 or 8396.60 mostly that gets filled 🙂
[13:10]   Vikkas C : -60 to -80
[13:12]   Manoj : yes i will remember now onwards
[13:12]   r m : yes Vikkas, beyond -60 but near closing, there can be many upheavals till then 🙂
[13:12]   Vikkas C : ok thanx RM
[13:13]   r m : welcome
[13:13]   Shai : yes some1 defending 8394
[13:13]   RK : Vikkas yes now buyers entering at bands and IBL
[13:13]   Shai : it’s that old 8330- 8394 value from few weeks back
[13:14]   Shai : we seem to be coming back to it again and again
[13:14]   Vikkas C : thats a big buyer at the vwap band
[13:14]   Shai : if we break 8394 then straight down to 8330
[13:14]   Vikkas C : +! shai
[13:14]   Vikkas C : +1
[13:15]   RK : to say to hello to those nice chaps who are Shai’s memory for a while now 🙂
[13:15]   Manoj : i cvrd @ 8400 can i again sell here ???
[13:15]   Shai : 🙂
[13:15]   Shai : sell ear 8418 agin with strict sl at vwap+ 2
[13:15]   Manoj : ok
[13:16]   Vikkas C : i screwed up big big time ..had shorted at 8450 but booked out at 8430 cos of all the gst talks 🙁
[13:16]   Shai : RS again at 2 pm?
[13:17]   Vikkas C : yes shai
[13:17]   Tejpreet : Global cues really bad …no conviction to hold calls got ut at 91.
[13:17]   Shai : Just 1 more day Vikkas and we will be alright 🙂
[13:17]   r m : 🙂
[13:18]   Vikkas C : 🙂
[13:18]   RK : Vikkas Man I mention here with my missed trades, you will be so happy to atleast booked 20 points there 🙂
[13:18]   Tejpreet : Right Shai 🙂
[13:18]   RK : *If I mention
[13:19]   Vikkas C : yeah RK..
[13:19]   Varun : What r we doing @shai in one day?
[13:19]   Augustin : If I mention the wrong trades that I got into, you will be happy that you missed some profitable trades.. 🙂
[13:20]   RK : Augusting thats much better 🙂
[13:20]   Shai : Nothing Varun – just these gst stories being peddled around
[13:20]   Augustin : ha ha.. See, I made you guys feel better
[13:21]   RK : and 3rd day of imbalance today.can expect balance tmw..right Shai?
[13:21]   Shai : otherwise relaible folks also sending fwd’s and updates on that GST jam
[13:22]   Manoj : i sold @ 8418 again shai
[13:22]   Shai : yes RK
[13:22]   r m : I think people are not able to trade much due uncertainty so speding a lot of time on twitter 🙂
[13:22]   r m : *spending
[13:23]   Shai : 3 day chart of NF- http://screencast.com/t/TK7tFpMO
[13:23]   Shai : that big vol at 8535 is a worry into next week for bulls
[13:25]   Sandeep : shai should we go short here close to vwap ?
[13:25]   Shai : Manoj high risk as there was green delta on that short
[13:25]   Shai : exit abv vwap
[13:25]   Sandeep : okay
[13:26]   Shai : abv vwap we can go once again to IBH
[13:27]   RK : that 8535 15 min candle has volume about >1lac contracts
[13:29]   Vikkas C : does anyone trade commodities here ?
[13:30]   Porus : fun to watch LS – cong. questions on Sushma Swaraj
[13:31]   RK : looks like BNF want to settle lows today itself for the week..RRR on chanels tmw morning ? :))
[13:32]   Vikkas C : nf today profile ..is that a poor high
[13:33]   Vikkas C : isnt bnf hevaily oversold here
[13:34]   Vikkas C : dead billi bounce lao 😀
[13:34]   Vikkas C : to shai’s lvl 18800
[13:40]   r m : they are burying the cat 😀
[13:41]   Shailesh : Vikkas yup seems so..support on lower levels…
[13:41]   Shailesh : Shai can fresh buy of 8500 call can be taken ?
[13:42]   Vikkas C : btw BNF filled a gap which was left ..but nf has just filled 1 out of 2
[13:42]   Vikkas C : 2nd gap at 8389
[13:43]   Manoj : i closed shorts @ 8415 just with cost cozz nf is not in mood to fall down fast
[13:44]   r m : BN Spot – http://screencast.com/t/Vq5oIQSmP
[13:44]   Tejpreet : Nifty has not corrected by even 1% today …if it goes down it can still give another 50 points easily.
[13:49]   Shai : No Shailesh no conf here yet
[13:49]   Shailesh : tej look at 3rd last cadle of FP sharts of 30 mins..u wil find big buyer below 8400
[13:49]   Shailesh : ok shai thanks
[13:49]   Shai : there are buyers at the lows but price has to trade abv vwap
[13:53]   Vikkas C : rather wait for the brk of ib and trade ..easy trade
[13:53]   Shai : NF may be here on mormal now till tom
[13:53]   Shai : normal*
[13:54]   Vikkas C : yeah ..by then i hope the gst issue will also be resolved .
[13:55]   Nishant : unless OTF shows up post 1430 hrs
[14:06]   Tejpreet : (12:59) Shai :yes , this may still see 18235 F though .BN hit.
[14:08]   Varun : wap bands @sha
[14:08]   Varun : wap bands @rm
[14:09]   RK : Varun asking them to expand it in the charts? 🙂
[14:09]   r m : 8380
[14:09]   r m : 18204
[14:09]   RK : 8388 in charts
[14:10]   Sankar : Today got disconnected atleast 3/4 times and a message says, “A room moderator has ended your session”. Is it just normal disconnect?
[14:10]   Sankar : or probably RM?Shai, one of you upset with me for taking 2 days off. lol.
[14:10]   Shailesh : ya happend with me as well due to slow connectuvity
[14:10]   r m : yep RK, desi vwap is a bit away from foreign one 🙂
[14:11]   Sankar : Ok.. so the message is a generic one.
[14:11]   Sankar : I thought they kicked me out. 😉
[14:11]   Shai : Contra Trade BNF _ Buy 18250 sl of 18210 tgt 18350
[14:11]   Shai : 40 point sl rward 100 trade less size as contra
[14:12]   r m : @Sankar, quite normal man, Omnovia is very sharp, they put the blame on moderator 🙂
[14:12]   Sankar : 😉
[14:16]   Manoj : put sl or hold ??
[14:16]   Manthan : gaya
[14:17]   Porus : Shai sell nf for 8330?
[14:19]   Shai : Yes NF will be a carry here for shorts
[14:19]   Porus : ok
[14:21]   Shai : exit the BNF long trade if in
[14:23]   Manoj : ok
[14:27]   Kiran : Shai the font size iof numbers in OF charts, can it be little more to cover the width of candle ,
[14:27]   Porus : Snai, nf tgt is 8330? What is ext tgt down?
[14:27]   Shai : 5 min chart?
[14:27]   Kiran : yes shai
[14:27]   Porus : *next
[14:28]   Shai : Porus if it goes we may see a 100 point drop to 8220
[14:28]   Porus : ok
[14:28]   Shai : BNF going lower
[14:31]   Porus : Shai, is today a NV day? With lose at lower extreme?
[14:32]   Porus : nf?
[14:32]   Varun : @rm 81 ahem ahem
[14:32]   r m : 🙂
[14:33]   Shai : Porus yes
[14:33]   Porus : ok
[14:33]   Shai : 19070 spot last supp
[14:33]   Shai : 18070**
[14:33]   RK : what has that bell from BNF weekly done..huge 🙂
[14:34]   r m : Banknifty pot weekly yo-yo http://screencast.com/t/2ZOZmaBfwT
[14:34]   r m : pot naheen spot 😀
[14:34]   RK : 🙂
[14:35]   r m : @RK, now we know that bears tied that bell round the neck of bulls 🙂
[14:36]   r m : string supplied by Varun 🙂
[14:36]   RK : lol
[14:37]   RK : it reminds me of school story..elephant with bell..
[14:37]   r m : ok
[14:37]   RK : when there is bell, watch your path 🙂
[14:37]   r m : yep
[14:38]   Soumya : is this looking ugly shai?
[14:38]   Soumya : the factors causing the correction are worrisome . It is not caused because of profit booking. It is not caused because of local issue which can rectify. The real issue is currency war. If China is forced to devalue 3% in 24 hrs , that means it is faced with real hard landing. The Commodity crash is out in open ….
[14:38]   Soumya : What do charts say?
[14:38]   r m : cattles have bells strung from their necks in villages here, makes it easy to find them in the evening in fields 🙂
[14:39]   RK : yes everywhere 🙂
[14:39]   r m : ok
[14:40]   Tejpreet : But how do they know which bell is from their cattle ….Like i mixed up twice wanted bull cattle got bear cattle 😉
[14:40]   r m : lol
[14:41]   RK : Tej catching the right sheep is the trick 🙂
[14:41]   RK : bell is only a alert to make you stand in toe 🙂
[14:42]   r m : set a trap on both sides and get frustrated when both sides traps get you nothing for weeks 😀
[14:42]   Porus : Tej…you got bear hiding in bull’s clothing…
[14:43]   Tejpreet : 🙂
[14:44]   RK : so we will close below July vwap today
[14:44]   RK : if GST or anything wont happen in next 45 mins 🙂
[14:48]   Tejpreet : Longs should have been flushed out today …pass GST post market ….Gap up tmrw …now will mkt oblige is the big question;)
[14:51]   Vikkas C : anyone a computer expert here
[14:51]   Vikkas C : wud 2 graphics card work on one desktop
[14:51]   Kiran : yes.
[14:51]   r m : you need to check the motherboard
[14:51]   Vikkas C : my motherboard has an extra slot for the 2nd card
[14:52]   Manoj : yes vikas tell
[14:52]   r m : sure, get one then
[14:52]   Vikkas C : currently i have 3 monitor setup which i want to expand to 6
[14:52]   r m : ok
[14:52]   RK : ghosh! 6 🙂
[14:52]   Kiran : check which slot u have, if the power supply is sufficient.
[14:52]   Vikkas C : to adding a 2nd graphic card will solve the problem right ?
[14:52]   Vikkas C : power supply ..ye kya issue hai
[14:52]   Vikkas C : can u explain a little pls
[14:53]   Kiran : u can have a single graphics with two outputs as well
[14:53]   r m : @Vikkas, you need to employ Ravan for watching them all 🙂
[14:53]   Vikkas C : i trade commodities as well rk
[14:53]   Manoj : u shuld also chk tht u hv a adequate powersupply (smps) also
[14:53]   RK : great 🙂
[14:53]   Vikkas C : no as in ill place 2 on each other ..so total 3 columns
[14:54]   Vikkas C : ok will ask my computer vendor for the power supply ..:) thanx kiran, manoj and RM
[14:54]   Kiran : lot buyers in NF ?
[14:54]   Vikkas C : big buyer at PS@
[14:55]   Vikkas C : ps2
[14:57]   Sankar : when he exit, probably we will see PS3 also.
[14:57]   Sankar : 😉
[14:57]   Vikkas C : :p
[14:57]   Tejpreet : Shai BN spot at 18070 …below this wht next.
[14:59]   Vikkas C : are august mnths generally bad for the mkts ..
[14:59]   Shai : roughy 17683
[14:59]   Tejpreet : Another 400 pointer.
[15:00]   Vikkas C : no body seeing a dead billi bounce in bnf 🙁
[15:00]   Shai : second straight day BN is trending down from 12.30
[15:00]   Shai : something is cooking
[15:00]   Vikkas C : cooking good or bad shai ?
[15:01]   Tejpreet : Vikkas if nobody seeing then billi will be more comfy in bouncing .Right !
[15:01]   Vikkas C : hahah yes tej
[15:01]   RK : Shai 17683 is belw June VWAP 🙂
[15:01]   r m : @Tejpreet, hope the cat is not alreay on the roof in morning 😀
[15:01]   r m : *already
[15:02]   Vikkas C : u never know RM
[15:02]   Tejpreet : Yes RM could be anything tmrw 🙂
[15:02]   Porus : Shai, still think nf shorts shold be carried?
[15:02]   r m : yeah, we trade in uncertainty not in scrips 🙂
[15:03]   Kiran : 105325 buyer sells then we get PS3 ?
[15:04]   Sandeep : looks all level will be atken out today itself
[15:04]   Sandeep : 🙂
[15:04]   Shai : Porus close near 8330 book
[15:05]   Sandeep : real bad trade day today
[15:06]   RK : thanks for that second NF sell alert Shai otherwise would have been scratching heads now after leaving BNF 🙂
[15:07]   Vikkas C : shai do u see 8330 brk this time
[15:07]   Kiran : saw big orders like 5000 NF , are these fresh one or short covering ?
[15:08]   Manoj : +1 Sandeep
[15:09]   Vikkas C : RM wheres MO currently ?
[15:09]   Vikkas C : sure it must have reached -70
[15:11]   Varun : @rm century coming
[15:11]   Sandeep : when will it get out varun
[15:11]   Shailesh : sudden buying ?
[15:11]   Tejpreet : I am carrying 8600 call at 26 and 19000 call at 50 for GST miracle in this week.Strictly no SL.
[15:12]   Vikkas C : tomo is the last day tej
[15:12]   Tejpreet : Vikkas bhai your billi must bounce once this week .
[15:13]   Vikkas C : 😉
[15:13]   RK : last 10 min if we get more greens then they are informed ones 🙂
[15:13]   Kiran : closed NF short.
[15:15]   r m : 🙂
[15:16]   Vikkas C : nf took 9 days to go to 8650 from 8330 and 3 days to 8330 from 8650..damnnn
[15:16]   Shailesh : bears are in full action
[15:17]   Nishant : Vikkas, it is universal, the speed of down moves are always faster than the upper ones; just the speed, not necessarily number of points.
[15:17]   Kiran : BNF 3 days 1000 pnt fall.
[15:17]   Sandeep : shai any trades here
[15:17]   Vikkas C : 🙂
[15:19]   Shailesh : almost 2 ib today
[15:19]   Shai : Sandeep pick up a small BN and NF ce at close and sl will be 8315
[15:19]   r m : gravity vs buoyancy 🙂
[15:19]   Shai : last 5 mins
[15:20]   Shailesh : somebody is buying..all out buying in options CE
[15:21]   r m : MO at -54
[15:23]   Sridhar : RM: where can i read about MO
[15:25]   Vikkas C : hardly any buyers so gst bill not happening ?
[15:26]   Shai : google McClellan or look up stockcharts.com
[15:26]   Shai : there is buying at 8365
[15:26]   Shai : BN also seeing something at 18125
[15:27]   Vikkas C : ok
[15:28]   r m : @Sridhar – http://tinyurl.com/7dg3f37
[15:30]   Shai : 8368 close
[15:30]   Shai : Bye all
[15:30]   Sridhar : Thanks RM & Shai
[15:30]   Shailesh : bye all
[15:30]   Tejpreet : Bye All
[15:30]   Shai : have a nice evening
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Moses : Bye all.
[15:30]   Sandeep : bye all
[15:30]   John : bye all
[15:30]   Vikkas C : bye all
[15:30]   Srini A : Bye All
[15:30]   Manthan : bye bye
[15:30]   Ashish : Bye all
[15:31]   Sankar : Bye All.
[15:31]   Porus : bye all
[15:34]   Soumya : bye all
[15:45]   Nishant : bye 🙂

[09:21]   Soumya : Shai can you please check NSE: JUBILANT for positional?
[09:37]   Vikkas C : anyone short oil companies
[09:40]   Rahul G : booked very early
[09:40]   Shai : jubilant results?
[09:40]   Rahul G : bad
[09:40]   Shai : move is stretched for psotnl but intra looks still good abv 339 today for 359 and possibly 374
[09:41]   Shai : strict sl at 339 as profit booking can come anytime
[09:42]   Soumya : thank you brother
[09:42]   Soumya : yes results cam
[09:42]   Soumya : company back on track
[09:43]   Soumya : eps of 8 rs
[09:43]   Soumya : said in concall that it will maintain the performance and h2 will be much better
[09:43]   Soumya : looks cheap if they can do 30 eps this year
[09:45]   Shai : cool
[09:45]   Shai : yes pizza is big business and you can see the delivery boys everywehere these days
[09:46]   Kathir : in the sky also 🙂 they are using small helicopters for delivery
[09:47]   Sumit K : Shai – Apollo Tyres levels
[09:47]   Soumya : no this is pharma wala jubilant
[09:47]   Soumya : not pizza one
[09:47]   Soumya : it had faced some us fda issues lately
[09:47]   Soumya : in last 2-3 years
[09:47]   Soumya : now all getting resolved
[09:50]   Shai : oh
[09:50]   Shai : great
[09:50]   RK : Shai HCL good short here?
[09:53]   Shai : apollo 194 is res now can drop to 173 pstnl
[09:54]   Manthan : Auro Pharma view pls@ shai
[09:55]   Shai : hcltech not very confident of short here – 944 may still supp though upmove is showing selling
[09:56]   Vikkas C : shai can u pls chl lupin for longs here ?
[09:56]   Vikkas C : *chk
[09:56]   RK : Yes selling whenever it climbs up from 940..ok will wait then..thanks
[09:59]   Shai : auro next supp at 743
[09:59]   Shai : supply seen at 774
[09:59]   Srini A : Hi Shai, Is CEAT a good sell here?
[10:03]   Manthan : ok, thanks
[10:05]   Manoj : pnb intra i sold @ 156 in cash any sl & tgt
[10:06]   Shai : lupin supply is there at 1725
[10:06]   Shai : intra day lupin may find it diff to cross 1711 today
[10:07]   Vikkas C : thanx shai
[10:09]   Shai : ceat one obj of the move at 860 ha sbeen done. Intra day does not look like a good short till abv 966
[10:09]   Shai : so avoid till 960 breaks
[10:10]   Srini A : Thanks Shai
[10:10]   Shai : pnb 153 showing buyers
[10:10]   Shai : avoid shorts over 158.9
[10:10]   Manoj : ok
[10:12]   Manoj : thnks
[10:18]   RK : If I am right that was Nandesh worrying a lot about Relcap that day! that 394 spot intra never touched despite mkt was bullish then and it lost now 30 points from there which is a rare instant in Relcap..still holding it Nandesh? 🙂
[10:24]   Manoj : in pnb 158.9 abv tht wht u see ??
[10:40]   Rahul G : shai any view on oriental bank and canbk
[10:42]   Shai : abv 158.4 maybe 161.9/ 162
[10:45]   Shai : orientbank intra day res at 170 abv that can do 175
[10:45]   Shai : 163 is a postnl supp
[10:46]   Shai : canbk abv 307 can do 314 again
[10:46]   Rahul G : thanks
[10:49]   Rahul G : shai can you plz adice the medium term support for canbk
[10:50]   Shai : roughly 292 where those vol bars are
[10:50]   Rahul G : ok
[10:50]   Shai : if that breaks down to 260 again
[10:50]   Soumya : Shai just one more thing – where can we add jubilant for positional as it is below 339 now
[10:53]   Shai : possibily of seeing 306 is there
[10:53]   Shai : that 286- 306 is a good zone to enter
[10:57]   Soumya : thank you brother
[11:07]   Tejpreet : Shai Tata Motors levels for positional cash buying , where is the next long term support.
[11:12]   Shai : tata motors that largish downtrend is still not showing signs of abating. still trending down . likely to see 334/ 310 on current vols
[11:13]   Tejpreet : Ooops still a long way to go down. Thanks Shai.
[11:25]   Soumya : Would love to see 310 on TAMO !!
[11:29]   Soumya : Shai where can NSE: IDFC find positional support?
[11:32]   Vikkas C : shai view on maruti ..is it getting weaker ..can it be shorted here positionally ?
[11:36]   Shai : IDFC 142 and 136 are 2 postn supp
[11:39]   RK : short covering in Tata steel
[11:39]   Shai : maruti not really a big short – has support buying at 4446 and 4423
[11:39]   Vikkas C : ok thanx
[11:40]   Soumya : thank you shai
[11:47]   RK : with INR at this rate, wondering whats pushing Tata steel up?
[11:50]   r m : @deepakshenoyTataSteel’s good results = 12% drop in pretax profit and hajjaar lesser tax because of recent losses, and net profit doubles. Ha!
[11:50]   r m : lol
[11:51]   RK : yep read it 🙂
[11:51]   Gaurav : Bharti Airtel looking to give an upmove Shai?
[11:55]   RK : TCS nice move from that 2620 levels without any retrace
[11:55]   RK : *2520
[11:55]   RK : 150 up
[11:56]   Tejpreet : Yes RK was just wondering those couple of trades worth 15-20 points are no match for the straight 150 point move ….positional play again trumps ID scalping hands down 🙂
[11:56]   Shai : bhart yes seacrhing for buyers- can try small longs with sl below 386
[11:57]   Shai : looks like it may bounce once from here
[11:58]   Gaurav : Thanks Shai
[12:20]   Soumya : did torrent give a breakout shai?
[12:38]   RK : Shai Tata steel can be shorted here with SL 259 on spot?
[12:40]   Shai : vol in torrent still not big to support a immediate large rise
[12:40]   Shai : but chancs of 1590 are there
[12:48]   Soumya : thank you brother
[13:21]   Soumya : shai excellent jubilant low 308 !!
[13:21]   Soumya : now jumping
[13:53]   Tejpreet : Shai can you have a look at RICOAUTO for positional buy.
[14:04]   Gaurav : Shai could you have a look at Hexaware positional. What would be a good level to get in?
[14:06]   RK : only stock in longs HERO that too gone to sell now
[14:16]   Vikkas C : hero is a sell from 2670 RK
[14:16]   Manthan : @Shai, Auro 744, Objective met, what next level?
[14:17]   Manthan : Holding since 770
[14:20]   RK : 2660 for me Vikkas but kept some buffer with prev low < 2550
[14:20]   RK : *2650 F
[14:22]   Shai : rico may go down to 51 which is a god buy
[14:23]   Shai : sl below 47
[14:25]   Tejpreet : Thanks Shai
[14:25]   Shai : hexaware may be building supp here at 275- 276 but immedaite upside abv 297 looks difficuly
[14:26]   Shai : if it fails at 274 can drop to 260 quickly
[14:26]   Gaurav : Thanks Shai
[14:27]   Shai : auro next supp at 728
[14:27]   RK : Shai yet to take that Tatasteel short..volume are double than normal..good short here or on break of day low?
[14:38]   Manthan : thanks, was looking for 726, 50DMA
[14:45]   Vikkas C : @RK ur tatasteel is refusing to brk 246
[14:48]   r m : Aakhir steel ka bana hai, jhuk sakta hai toot naheen 🙂
[14:48]   Vikkas C : lol rm
[14:48]   RK : maybe only gap down would take that 46
[14:48]   Vikkas C : yeah liiks like ..but its making a hammer there currently on 60 mins tf
[14:49]   RK : no prob will take intra tmw..if 46 goes, we can trade it down as next leg down opens..would travel min 20
[14:50]   Vikkas C : yes sir
[14:55]   Shai : sorry abt the tata steel- missed it altogther
[14:56]   Shai : it seems to have found buyers near 245 or short covering- still at weekly val – not comfy with a new short
[14:57]   Vikkas C : are banks going bankrupt ..WTF
[14:57]   Shai : 3 week lows are there at 245 – when that breaks could flush to 230/ 207
[14:57]   Shai : BN chart is seriously damaged
[14:58]   Vikkas C : yes..its even broken the previous swing low
[14:58]   RK : thats ok Shai..got the levels thanks 🙂
[15:18]   Tejpreet : Voltas giving a nice bounce from the lows.