OrderFlow charts and Notes 13/10/15

[08:46]   Gangesh : gm
[08:46]   r m : Good Morning folks!
[08:47]   r m : http://vtrender.com/levels-and-plan-for-13th-oct-2/
[08:47]   r m : http://vtrender.com/orderflow-charts-and-notes-121015/
[08:47]   r m : http://vtrender.com/consolidated-orderflow-121015/
[08:47]   r m : Nifty OCT Future levels | KRA 8248 | Hypo1 above 8192➜8230➜8268 SL 8151 | Hypo2 below 8118➜8079➜8048 SL 8155
[08:47]   r m : Banknifty OCT Future levels | KRA 17820 | Hypo1 above 17695➜17777➜17945 SL 17590 | Hypo2 below 17510➜17430➜17375 SL 17620
[08:51]   Anay : GM All
[08:52]   Misaal : Good Morning 🙂
[08:52]   Shankar : GM RM and all
[08:52]   Sandeep69 : Good morning everyone
[08:53]   r m : Hi Shankar
[09:01]   Augustin : GM all
[09:02]   Moses : GM r m,shai and all
[09:04]   r m : Hi Moses
[09:04]   Shai : GM all
[09:04]   Raj : hi GM all
[09:05]   Shan : good mrng all.. major indices of world slightly negative .
[09:06]   Shan : any view on BNF willl it try to go down and cover the gap up created on 9-10-2015
[09:08]   r m : @Shan, views on NF and BNF expressed here – (08:47) r m:http://vtrender.com/levels-and-plan-for-13th-oct-2/
[09:09]   RK : GM Shai,RM and all
[09:10]   r m : Hi RK
[09:10]   Tejpreet : GM All
[09:12]   Shan : thank you RM
[09:13]   r m : welcome
[09:14]   Ashish : GM all
[09:15]   Uttam : GM everyone 🙂
[09:16]   Sankar : GM Shai, RM and everyone 🙂
[09:16]   Misaal : Good morning. Guys is the chart working ?
[09:16]   Shai : Book out the 8100 pe overnight trade- 100 now
[09:17]   Janak : good morning shai and friends
[09:17]   Sankar : Good Trade 🙂
[09:18]   Sam : GM everyone
[09:18]   Shai : we will take a fresh view on that option trade today
[09:19]   Sharad : GM all
[09:19]   Sankar : Ok.
[09:19]   Shai : GM Janak- welcome back
[09:19]   Bhagya : nifty is surely in sell mode for me. But the question is where to sell and place the trade. Selling at open is surely not good trade placement
[09:20]   Bhagya : waiting for bounce to 8175-8190 range and willl sell with stoploss of 8206
[09:20]   Sankar : ur prev KRA 8130.. current KRA 8250.
[09:20]   Shai : NF has to break 8122 for a bigger drop
[09:20]   Sankar : I really wish this 8130 breaks.
[09:22]   r m : Hi Sankar
[09:22]   Uttam : we could have the 80% playing out in BNF today?
[09:22]   Shai : yes
[09:22]   Uttam : with a ORR>
[09:22]   Shai : sl is 17510
[09:26]   Shai : we will buy the next probe abv 17650 in BNF
[09:30]   Shai : looks like an 8135- 8185 range for open
[09:30]   Sandeep : OF reds on 30 min looking scary 🙂 shai how are volumes for open
[09:31]   Shai : very poor vols
[09:34]   Shai : yes NF sellers getting heavy
[09:34]   Bhagya : all selling volumes on order flow
[09:34]   Bhagya : but I am waiting for a good bounce to 8175-90 zones to sell
[09:34]   Bhagya : praying for market bounce to butcher at higher levels
[09:34]   Shai : 🙂
[09:35]   Shai : I think the butchering has started already but these guys will have to keep a higher sl
[09:36]   Sankar : Agreed. if it was not for KRA, we wud have butchered at all timeframes last week ;).
[09:37]   RK : BNF still some life left for one small upmove
[09:37]   Shai : 8127
[09:42]   Sandeep69 : RM how do you find the historical data from the blog ?
[09:42]   Janak : hyoo2 below 8118——8079 active?
[09:42]   r m : what kind of data?
[09:43]   Sandeep69 : vwap and poc of an earl;ier date
[09:43]   Shai : Buy 8000 pe at 71 sl of 59 tgt 87 and 95
[09:43]   Tejpreet : Guys any good source for historical volatility data on lines of ivolatility ….the new lot size from november will be a game changer for options market.
[09:44]   r m : @Sandeep, not stored in tabular format, you will have to check levels and plan post for that date
[09:44]   Sandeep69 : okay, thanks rm
[09:44]   Shai : yes below 8118 sellers take over
[09:45]   Shai : 8122 is the supp for the auctio
[09:45]   Bhagya : 8125-8130 seeing some support and selling here is surely not a good risk reward. but order flows may change soon but currently I am reading what it is showing. below 8118 bulls wil give up for the day.
[09:45]   Bhagya : so will sell once 8118 takes off and on any bounce from there or will sell 8175
[09:46]   Bhagya : but the sad news is will markets come there to sell
[09:47]   Sankar : @RM, the daily levels/plans are available in our blog for longer time (few years etc..)?
[09:48]   r m : @Sankar, yes, as long as blog existed but would need some searching 🙂
[09:48]   Sankar : Thats nice RM. You guys have done real good work.
[09:48]   Sankar : Ofcourse, good stuffs are never easy to find 😀
[09:49]   r m : Thanks Sankar 🙂
[09:50]   r m : if you need any particular date range i can help, google search is my only area of expertise 😀
[09:51]   Bhagya : bank nifty trying to move to day high and nifty too taking support at 8118
[09:51]   Mihir : Can we buy Nifty with 8115 SL? I feel that it will give bounce
[09:52]   Gaurav : Premium Increasing Nifty
[09:52]   Bhagya : yes but stop is important and it is a retracement trade and not a trend trade. You should be quick to take the profits out
[09:52]   RK : BNf can do 17750..no sellers down the line..it has to go up to get sellers
[09:53]   Bhagya : yes, RK bank nifty is better than nifty for a buy trade and getting out of profits soon
[09:54]   r m : (*** Private to RK ) http://screencast.com/t/KdbYIHUB5z
[09:55]   Bhagya : sbi supporting bank nifty
[09:59]   RK : BNF getting sellers at VAL itself..break of VWAP its gone
[10:01]   Bhagya : yes. surely markets are in sell mode but my only discomfort is levels to sell. 8175-90 zone is ideal
[10:02]   Augustin : @Bhagya – Selling in parts might work bettter?
[10:02]   Bhagya : yes
[10:11]   Shan : will BNF enter prev VAL-POC zone.. with sellers at prev VAL ?
[10:13]   Shai : Better long is abv IBH conservative as vols do not justify a trend up yet
[10:13]   Shai : fairly rotational open
[10:15]   Shan : ok ok… longing after 570 (IBH) is better huh
[10:16]   Shan : i thought it ll break and enter prev VVAL-POC zone as yday tpo count showed 37/70.. some conversative buying in 570-750
[10:29]   OS : Good morning tol all
[10:30]   Shai : yes there is buying at lows but as mentioned it is conservative abv IBH where price will confirm
[10:45]   Uttam : BNF breaks VWAP
[10:53]   Shan : thank you shai..:)
[11:00]   Sankar : anyone using Kite/Zerodha?
[11:01]   r m : I use Zerodha
[11:02]   Sankar : how is the new vol at price in it RM?
[11:02]   Sankar : is it just intraday data or across days/weeks also they provide the volume at price?
[11:02]   Sankar : saw some mail sterday from them. I am with NOW, so cudn’t check it 🙂
[11:03]   Augustin : @Shai – BNF can visit 510?
[11:03]   r m : it is simple volume at price of amibroker, not exactly volume profile have not checked the number of day’s across but it is quite a longer period then intraday
[11:04]   Sankar : Ohh ok ok.
[11:05]   Sankar : Tx 🙂
[11:05]   r m : welcome
[11:09]   Shai : augustin BNF very undecided here
[11:10]   Shan : one of the random days i guess.. !!
[11:10]   Shai : 17685 was where it broke yesterday on that large vol sell and I am not keeping a buy till we cross abv 11695 today
[11:10]   Ashish : 8130 has got a red now in daily candle
[11:10]   Shai : IBH is 11675
[11:11]   Shan : but somthing cooking in bnf as lately around 17550-17620 seems conservative buying ffor the past few ddays… !!
[11:11]   Shai : yes good pick Ashish
[11:11]   Ashish : Thanks Shai
[11:11]   Augustin : Ok Shai
[11:11]   Shai : NF is weakening for a test of 8109 sl of 8148
[11:11]   Ashish : Alsom USD/INR on rise today
[11:11]   Ashish : Also*
[11:12]   Shai : yes usdinr heade to 65.20 res
[11:12]   Shai : supp 64.99
[11:12]   Ashish : Thanks Shai
[11:13]   Varun : comparitive vol ?
[11:13]   Varun : @shai
[11:14]   Shai : very poor at 32L should be 46 L by 11.30 genenerally
[11:14]   Varun : cn we have a ref sheet
[11:15]   Varun : sort of thing
[11:15]   Shai : will post the median and avg on blog on close today
[11:15]   Kiran : Shai NF selling below VAL is initiative ?
[11:15]   Varun : thanks
[11:16]   Shan : u mean bnf volume shai..?
[11:16]   Shai : No Kiran – vol does not support it even though we are below val
[11:16]   Kiran : ok
[11:16]   Shai : when this happens generally below val , chance of a rapid rise is always there
[11:17]   Shai : No Shan NF
[11:19]   Shai : Keep an NF buy abv 8147 sl of 8130 tgt 8168/ 8182
[11:20]   Janak : if that happens – the sl of 8kpe at 59 will be hit?
[11:22]   Shai : no may not hit
[11:22]   Naresh : that red in DAily NF neutrlized ?
[11:23]   Shai : not yer
[11:23]   Shai : yet*
[11:23]   Naresh : 🙂 it was white for a blink and a new sell came to make it abv 400k
[11:26]   Ashish : USd/INR hit 65.20
[11:27]   Shai : 65.26 intra day spillover possible as HVN
[11:28]   Shai : key is to see if it closes and stays abv 6520 rest of this week
[11:28]   Ashish : ok
[11:29]   Rahul P : that red on daily seems trapped case
[11:37]   Naresh : dont think so . the vol increased from 400k to 527 k in 13 mins
[11:42]   Tejpreet : A great video by Justfintech on MP .https://www.youtube.com/watch?v=8UMixOAHtSE
[11:43]   Shan : is 17640 poc for today in bnf ?
[11:50]   Uttam : yep 17630
[11:53]   Augustin : @Shai – premium decay on both sides?
[11:53]   Shai : no trend
[11:53]   Naresh : second red in daily
[11:54]   Augustin : hmm yeah
[11:59]   Sankar : any data/event today?
[12:01]   r m : TCS results after market
[12:02]   Mihir : Shai: for 8000 PE SL same? 59
[12:02]   Shai : PE is losing money quickly
[12:03]   Naresh : long trigerred >
[12:03]   Shai : yeah we will keep that sl
[12:03]   Tejpreet : VIX is down to 18.1
[12:06]   Shai : NF not active yet
[12:08]   Augustin : @Shai – BNF looking weak?
[12:11]   Shai : neutral
[12:11]   Shai : Nf triggers still the same 8122 and 8147 for us
[12:11]   Augustin : ok
[12:12]   Shai : BNF 17510 and 17685 slightly larger but the expected range
[12:12]   Shan : shai even though green buying seen in 5min y still bnf falling?
[12:12]   Shai : Yesterday sellers still holding
[12:12]   Varun : shai cn u pls adjust nf profile
[12:12]   Varun : thnks
[12:13]   Shan : at 17540 zone no aggressive seeling(RED) not seeen.. still bnf failed to hold that level.. any reasons shai..
[12:17]   Shai : 17540 is the low?
[12:18]   Naresh : as per terminal yes
[12:18]   Hemant : NF buy on..
[12:18]   Shai : NF active
[12:19]   Dharam : nifty 8000 pe near stop
[12:20]   Shai : exit if stop taken- we wil reeneter by close
[12:20]   Dharam : ok
[12:20]   Dharam : thanks shai
[12:20]   Gangesh : sl hit
[12:21]   Shan : sry shai 17640!! y passive selling near that ssoon
[12:22]   Shan : every time bnf hits that zone.. selling happens.. but without volume.. and the rally to d down side continues till 600-550 zone.. !!
[12:27]   Uttam : Shai had given the SL @ 58 for the PE, do i hold on or exit?
[12:28]   Sankar : Exit Uttam
[12:28]   Sankar : (12:20) Shai :exit if stop taken- we wil reeneter by close
[12:29]   Uttam : system exited it for me 😉 SL hits
[12:29]   Sankar : 🙂
[12:29]   r m : system is a smart chap 🙂
[12:29]   Uttam : 🙂
[12:33]   Naresh : another red neutralized at 8148 ?
[12:33]   Rahul P : make a dd patern
[12:36]   Shai : sellers are persisting in NF today
[12:41]   Sandeep : we are into NF buy right
[12:42]   Naresh : Yes
[12:42]   Shai : yes
[12:42]   Sandeep : thank you
[12:44]   Shai : exit the NF longs ar cmp
[12:45]   Shai : No trend in the day- scalpers ruling
[12:45]   Ashish : DAX is almost -100 from +ve opening
[12:46]   Shan : even bnf day scalpers zone today shai.. bracketed !!
[12:46]   Hari : Shai, FIIs are adding NF longs since Sep 30th, in which case are they creating dips to add more, inflate the index and exit? Your thoughts please
[12:48]   Janak : shai can sell tcs future with sl of 2600?
[12:48]   Shai : Fii’s went heavily short from 8350 levels, they are coming back which would mean that they belive 7500 holds
[12:49]   Bhagya : bought 8100 puts 93-95
[12:49]   RK : FIIs are confident about Diwali purchase in India 🙂
[12:49]   Sankar : lol RK 🙂
[12:50]   Shan : haha.. RK may be they might have heard of flipkart big billin day and offers 🙂
[12:51]   Mihir : 8000 PE SL triggered and now back to 66
[12:51]   Mihir : Hard luck 🙁
[12:52]   Ashish : Again into greens in daily candle.
[12:52]   Shai : tcs 2573 was our tgt
[12:52]   Hari : Mihir – VIX rising, option prices are increasing without NF moving substantially, should be an interesting day to watch
[12:52]   Shai : is very weak even today but sl id 2607 if sgorting
[12:52]   Shan : may b options writers will have a blast.. with iv rising
[12:53]   Janak : bnf short tgt shai?
[12:53]   Uttam : will NF be a short below IBL Shai?
[12:53]   Shai : BNF could be an FA 17510 tgt
[12:53]   Janak : ok that is the initial point of hypo2
[12:54]   Shai : yes uttam
[12:56]   RK : my 2 cents..when vol spike are happening on slow grind days close to imp pivot points like VAH,POC, allow some buffer to SL..we had vol spike at 8154 POC and waited to see if are clearing that zone which failed..but keep in mind this is only on the rotational slow grind days..in trend days all spikes will hit SL and continue the trend..
[12:57]   Ashish : +RK
[12:57]   Ashish : +1 RK
[12:58]   RK : and this is only if you can accept risk beyond what Shai says as SL..he could be conservative considering broader people base here..but we can adjust stops according to our risk appetite 🙂
[12:58]   Shan : /23
[12:59]   Shan : rf bnf 3 and tpo count 13/23
[13:01]   Ashish : Yes, RK…very valid point.
[13:03]   Shai : Weekly option call – Buy 8100 pe 95- 99 sl of 71 tgt 128/ 144
[13:04]   Shai : weekly option put 🙂
[13:04]   Shai : RK +1
[13:04]   RK : option call of put would be apt 🙂
[13:04]   Janak : invitation from hypo-guru : 8118 nf – short for 40-60 pts
[13:05]   Janak : hypo-guru rm 😉
[13:05]   Shai : yeah sllers dominanat now on this second round from 8150
[13:05]   Shai : trigger is 8118
[13:05]   r m : @Janak, you mean hypo-chela? 🙂
[13:05]   Shan : even in bnf sellers entered in conservative buying zone.. !!
[13:07]   Ashish : last green standing in NIfty.
[13:08]   Shan : anyone can say wat is FA ?
[13:08]   Janak : rm i mean – i m hypo-guru’s chela ::
[13:09]   RK : Shan http://vtrender.com/glossary/failed-auction/
[13:09]   Sankar : still 8118 holding 🙁
[13:09]   Shan : thank you RK
[13:09]   RK : Welcome
[13:10]   Shai : 8100 pe put in the buy zone
[13:10]   r m : @Janak, chalo koyi to hamara bhee chela hua 🙂
[13:10]   Shai : Sell BNF 17616 -17604 sl of 17659 tgt 17550/ 17520
[13:10]   Janak : shai bought 8100pe
[13:10]   Janak : sold bnf
[13:12]   Shan : thank you shai
[13:19]   Uttam : Shai SL for NF shorts will be 8148?
[13:20]   Shai : short below 8118
[13:20]   Shai : there is a vol spike at 8120
[13:20]   Uttam : oh ok
[13:20]   RK : yes he was huge..98k
[13:21]   Shai : profile is b so longs liquidating
[13:21]   Shai : the reds at top are the last 2 days of greens moving out
[13:21]   Shai : check full day NF
[13:21]   Shai : hence we are not falling hard
[13:22]   Shai : BNF we took a short near vwap to see if the FA can work out- also IB band trade
[13:28]   Uttam : thanks for the explanation Shai 🙂
[13:30]   Uttam : NF shorts activated
[13:30]   Shai : some deep buying in NF
[13:31]   Shai : from where they came
[13:31]   Shan : 9-10 gap up closed in bnf
[13:31]   Ashish : they will spoil our shorrts 🙁
[13:31]   Shai : Book 50% BNF at 17560 – move sl to 17619 on rest
[13:32]   Shai : cut the NF shorts- we may ris eto vwap
[13:32]   Shai : or keep sl abv 8145
[13:32]   Anay : big buyer at 8109
[13:33]   Shai : yes a program
[13:34]   Shai : put prices are suffering today
[13:34]   Shai : 8100 pe still not abv 109
[13:35]   Shai : some selelrs again in NF
[13:35]   RK : we had similar buyer around 8130 who took us to 8245
[13:36]   RK : seems he booked his 100 and entering again 🙂
[13:39]   Hari : S&P down .5% and it is the expiry week for US markets and it has been bad for the last few months
[13:39]   Shai : till below 8125 that buyer is not safe
[13:43]   Tejpreet : Shai a good SL for nifty longs at lows , positional.
[13:45]   Shai : Tejpreet is weak below 8139 NF postonal close and can tgt 8047
[13:45]   Himanshu null : Shai nf longs advised here or should we wait
[13:45]   Shai : Not recommending longs here
[13:46]   Shai : vwap needs to cross even f we see buyers in OF
[13:46]   Tejpreet : Oops that is far away ….will stick to my 5 point sl in the option. Thanks Shai.
[13:46]   RK : 8090 may get hit today and a pause there may be
[13:47]   Shai : yes 2IB
[13:47]   Tejpreet : Same here RK couple of ticks below 8090 .
[13:47]   Tejpreet : But question is in case of bad global cues tmrw longs will not get exit.
[13:47]   RK : 8084 on screen means all agressive longs off if anything attempted here
[13:48]   Shai : tgt 2 done in BNF 17530- book out
[13:48]   Shan : bnf cracked heavily with gud short volume at 525
[13:48]   Shai : FA in BNF at highs confirms
[13:49]   Janak : if book out – who will trade the hypo shai? 🙂 510 downwards
[13:50]   Shai : vol spike at lows Jank , hence book out
[13:51]   Augustin : @Shai – 8090 will be a good suppport – NF?
[13:51]   RK : 8000 PE had O=H and still it remains
[13:53]   Sandeep69 : probably vix is down
[13:55]   Shai : Augustin supp 8090 is only intra
[13:55]   Anay : @RK most of the PEs have O=H
[13:55]   Augustin : Ok
[13:56]   Shai : But structure is weakneing and may point t 8068 and 8048 band if we look below 8140 at close
[13:56]   Shai : hence we carry the 8100 put
[13:56]   RK : oh ok Anay..not include options in my watchlist..only the ones which I trade..thanks 🙂
[13:56]   RK : very poor in option trade execution 🙂
[13:57]   Anay : 🙂
[13:58]   Shai : For a while I also looked at option prices as being derived from future/ spot charts, but trust me now they have their own little mysteries to crack
[13:58]   RK : I too believe in that Shai..I applied my study too and prices respond to those levels..
[13:59]   Shai : NF a bounce to 8120 can set up a trade for closing hour
[14:00]   Varun : wazz up room
[14:00]   Varun : any trades going
[14:00]   RK : shorts closed Varun 🙂
[14:01]   Varun : awesome looks like a vwap close abv ib in nf
[14:01]   RK : maybe after another flush
[14:02]   Shai : Sell BNF again 17525- 17520 sl of 17575 tgt 17445- go with 50% qty
[14:04]   Shai : trapped seller 17510
[14:04]   RK : and dip buyer in NF
[14:05]   Shai : exit the BNF short trade- 17540 now
[14:06]   Shan : shai u mean 13401 sell order at 510 as trapped ?
[14:07]   Varun : shai hw r vol now
[14:07]   Varun : still poor
[14:07]   Shai : ues 13401
[14:08]   Shai : vols 79 L with an hour to go may finish under 10L today
[14:13]   Varun : ib done
[14:13]   Varun : wap close 80 5 chance
[14:13]   Tejpreet : Nifty calls get back all the points 🙂
[14:13]   Varun : 80 %
[14:14]   RK : no 80..close at vwap..grind over and lets go imbalnce tmw 🙂
[14:15]   RK : techincally MO has done its part.hit 60+ and reversed..As Shai said butchering started without noise 🙂
[14:15]   Varun : 8090 has to go, else we rotate more n more
[14:16]   RK : we will deal that tmw Varun
[14:16]   Tejpreet : How about a vwap now and gap down below 8090 tmrw ;0
[14:17]   RK : al heavyweights turns weak
[14:17]   RK : all
[14:17]   RK : Tej only for that reason asked for VWAP close..if you close it higher then again rotation
[14:18]   Rahul P : @ tej, how about the excess at lows today ?
[14:19]   Tejpreet : 8090 will go by gap only when is the big question ?
[14:21]   Rahul P : doubtful tej….today’s excess at 8090 and the one from 5 oct below 8050
[14:21]   Tejpreet : Rahul we still got an hour to go . Yes even i am eyeing that poc from 5th.
[14:21]   Rahul P : this seems to be a lsting excess now
[14:22]   Uttam : 8069 right that is a virgin POC?
[14:22]   Uttam : we have another one @ 7976 also
[14:24]   Janak : with eu down 1% – a gap down here almost certain so if they close around 8070 nf – tom will be 8k
[14:27]   Tejpreet : Our weekly sl is also at 7994 spot beyond 8084 support.
[14:30]   Shai : (14:30) Shai :Buy NF abv 8125 sl of 8105 tgt 8150/ 8180
[14:32]   Shai : evidence of buying is there in NF in orderflow from lows
[14:32]   Shai : but price wise ahs to close abv 8140 to show strength
[14:34]   Shan : shai wat abt bnf
[14:34]   RK : Its straight 9th day NF having a range below 110-100 points..round the corner we have 200-250 move
[14:35]   Sandeep69 : RK as per this hypotesis looks down move would be the one
[14:35]   Sandeep69 : whats yur view
[14:35]   Sandeep69 : hypothesis
[14:36]   RK : Sandeep looks so
[14:37]   RK : Shai If we close at VWAP or below that, then we can conclude part of greens at lows are shorts from 8250 and today morning covered?
[14:46]   Shai : yes could
[14:46]   Shai : Shan BNF will be a weak close around 17600
[14:48]   Shai : ignore the NF buy abv – (14:30) Shai :(14:30) Shai :Buy NF abv 8125 sl of 8105 tgt 8150/ 8180
[14:58]   Varun : 5 more for vwap, do it
[14:58]   Varun : (14:01) Varun :awesome looks like a vwap close abv ib in nf
[14:59]   Shai : 🙂
[14:59]   Shai : Nice
[14:59]   Uttam : close above 8140 will be good for bulls?
[14:59]   Shai : yes
[15:00]   RK : Shai 8140 dVAH?
[15:00]   Sankar : Weekly put is carry Shai?
[15:00]   Sankar : with the original SL.
[15:01]   Shai : Sankar will update
[15:01]   Shai : RK it is dval of that multi day compo
[15:01]   Uttam : yep RK it is yesterday’s VAH also right?
[15:02]   Uttam : sorry VAL
[15:02]   RK : thanks Shai..
[15:02]   Sankar : Tx Shai.
[15:02]   Shai : http://vtrender.com/wp-content/uploads/2015/10/Nf_compo18.png
[15:02]   Shai : risk is 8180 is we close abv 8140
[15:03]   RK : nice..tks
[15:03]   RK : I look at it as half glass situation..
[15:04]   Shai : BTST- Buy NF 8140 sl of 8103 tt 8180/ 8223
[15:05]   Shai : could have kept that original NF long open, thought time would be less for 8150 🙁
[15:05]   Sandeep : shai, how to play the 8100 pe now
[15:07]   Shai : we will carry the put for the open tom- will update that 1 at open
[15:07]   RK : we had 5-6 higher value developing days and then gone to balance with a rotation..if we close below 8140 then kind of first day value developing lower and it can move down futher..its a half glass situation here..
[15:07]   Mihir : @ Shai: Can buy 8100 PE now or wait for tomorrow?
[15:07]   Sankar : Ok.
[15:08]   RK : but BNF clearly dont want to be weak..
[15:09]   Shai : Mihir already in the 8100 pe- refer announcements section
[15:10]   Shai : just updated a NF BTST also
[15:10]   Anay : well done 8110 buyer 🙂
[15:10]   RK : Yes 🙂
[15:10]   Shai : indeed
[15:10]   RK : self pat eh 🙂
[15:10]   RK : @Anay
[15:10]   Anay : lol
[15:11]   Janak : exit positional pes shai?
[15:11]   Rahul P : all those reds disappearing on daily candle
[15:11]   RK : we saw your hand there Anay 🙂
[15:12]   Shai : sleep safe – we have an effective hedge for the 40 point move 🙂
[15:13]   Anay : 🙂
[15:13]   Sankar : 🙂
[15:13]   Sandeep : shai, just to learn, how the hedge should eb ideally here, for long in NF and pe buy? i mean ratio
[15:13]   Sankar : How many more days in this 100 point range.. :-O
[15:14]   RK : Sankar tomorrow never dies 🙂
[15:14]   RK : thats a perfect phrase for traders
[15:14]   Sankar : RK :). if this keeps coming up, I will start to hate 8130 level.
[15:14]   Shai : Sandeep it was actually not meant as a hedge but the weekly 8100 pe clashes with a 40 point move expected in NF
[15:14]   Sankar : I am seeing that for a week+.
[15:14]   Shai : as the mkts are rotational , we will see that more often
[15:14]   r m : @Sankar, till Cows (Option premium) come back 🙂
[15:15]   r m : ***come home
[15:15]   Sankar : 🙂
[15:15]   Shai : BNF wants 17600 close
[15:19]   RK : away from today range will set for 100+ move
[15:19]   Sankar : or market will expire between 8200/8100 ;).
[15:20]   Sankar : some traders also will expire. lol.
[15:20]   Himanshu null : Shai put almost near cost. Should we exit to enter again tomm??
[15:20]   Sandeep69 : developing vwap and poc at same lelvel
[15:21]   Sandeep69 : level
[15:22]   Shai : Ok Himanshu can exit put
[15:23]   Janak : US mkt also due for correction so unlikely that nf will go up tom?
[15:23]   Shai : re-enter if abv 99 at open tom
[15:23]   Shai : NF closing in no man’s land
[15:24]   Uttam : it is better to hold on to the PEs then right Shai, will work as a hedge too
[15:25]   Shai : holding , that msg was for him
[15:25]   Uttam : yep
[15:25]   Shai : all trade updates will be on announcemnts
[15:25]   Uttam : righto
[15:26]   Tejpreet : SHai with this close at vwap probability of gap movement is high .
[15:26]   Shai : see that 17600
[15:26]   Tejpreet : Direction will see tmrw.
[15:26]   Shai : haha
[15:27]   Shai : clearly we have seen buying from lows but price conf on day is iffy
[15:29]   Tejpreet : OK …I am going with some puts now looks like the SL of weak shorts taken.
[15:30]   Shai : vwap close
[15:30]   Shai : Bye all
[15:30]   Anay : bye all
[15:30]   Shai : have a nice evening
[15:30]   Sankar : Bye All 🙂
[15:30]   Tejpreet : Bye All
[15:30]   Moses : Bye All
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Ashish : bye all
[15:30]   Uttam : Have a nice evening All 🙂
[15:31]   Sandeep69 : bye all

[09:25]   Uttam : Shau view on ICICI, looking weak
[09:25]   Uttam : *Shai
[09:27]   Shai : 284.7 day supp in icici
[09:27]   Shai : looks RB
[09:28]   Uttam : RB means?
[09:33]   r m : range bound
[09:33]   Uttam : thanks RM 🙂
[09:33]   Uttam : thanks Shai
[09:34]   Uttam : also Infy looking weak now? break below 1096 could be a short with day’s high as SL?
[09:37]   Shai : infy projecting 1985 and 1069 below 1110 now
[09:37]   Shai : 1085*
[09:37]   Tejpreet : Shai lvls for TAMO to short now .
[09:41]   Uttam : thanks Shai
[09:48]   RK : Shai drive in ACC?..looks like good for longs here
[09:54]   r m : (*** Private to RK ) Future weekly profile, cash composite you can get from kite 🙂 http://screencast.com/t/KdbYIHUB5z
[10:08]   Shai : tttm 361 pivot on day for day shorts
[10:09]   Shai : 349 and 346 obj below yday lows with sl of 361
[10:09]   Tejpreet : Thanks Shai.
[10:11]   Shai : acc not a strong drive as within range of y’day but can do 1363 which is weekly supply
[10:12]   RK : thanks Shai..not going for that..
[10:12]   Shai : 1345 supp
[10:12]   Shan : shai wat should one tgt inbnf for longs..
[10:12]   RK : looks momentum stopped and its in a long sideways move
[10:13]   Shan : prev val 570 zone has sellers.. should exit there are
[10:13]   Shan : should think further
[10:18]   Uttam : Shai Ultracem looking good here, we could call that one a strong open drive?
[10:33]   Shai : utraacem much better long as it is shoing buying at lows for 3 days
[10:33]   Shai : 2927 is the obj if 2844 sl holds here
[10:34]   Uttam : thanks Shai
[10:38]   Tejpreet : Shai views on Hindalco been very volatile from yesterday high 92 to 81 low today .
[10:46]   Shai : hindlalco mixed here but postbl support is at 79
[10:47]   Shai : yesterday’s selling and today’s buying is not giving correct pic for intra
[10:49]   Tejpreet : Thanks Shai
[11:13]   Uttam : Infy does first target if 1085 Shai now for 1069
[11:27]   Uttam : Shai SL for shorts in TaMo would be above 361?
[11:34]   Shai : yes but short to be activated below 356.4 only
[11:43]   Uttam : oh ok Shai, thanks
[12:13]   Soumya : Shai omkar has crossed 194, is it a good buy now?
[12:16]   Shai : omkar though intra day shoing buyers , but we need a crsss and close abv 199 this week to confirm up move
[12:17]   Shai : the 220 can come in few sessions
[12:20]   Soumya : thanks brother
[12:41]   Soumya : Super call on eicher shai
[12:41]   Soumya : Let me know when we can go long
[12:44]   Soumya : ncl also touched your 129 level
[12:57]   Shai : eicher may hit 17595 still mobving lower
[12:57]   Shai : we react when price shows signs of stability
[12:57]   Shai : yes ncl good move
[14:08]   Gaurav : Shai Bharat Forge can be bought for postional . Targets 980-990?
[14:09]   Shai : BF some more downside left till 932/ 924 in the week
[14:10]   Shai : can also be a buy if opens tom abv 945
[14:17]   Gaurav : Thanks Shai
[14:49]   Uttam : Shai Bhel strong today inspite of weak market, makes sense to hedge the longs further by selling 220CE @ 3?
[14:55]   Shai : yeah don’t see it crossing 215 at least this week
[14:56]   Shai : so that 220 ce is good
[14:56]   Uttam : thanks Shai
[15:06]   Uttam : ultra cem closing strong here Shai?
[15:08]   Shai : yes ultra cem was a good long for 2917/ 27 – have to part book if in stock and carry at cost
[15:13]   Uttam : thanks Shai
[15:26]   Hari : Shai, in options, what is O=H, sorry I am new
[15:27]   RK : Harin Open=High
[15:27]   RK : *Hari
[15:27]   Hari : thanks, I am poor in acronyms, bear with me
[15:30]   RK : no issues..welcome 🙂
[15:31]   Uttam : yes Hari you have all very helpful guys over here 🙂