OrderFlow charts and Notes 16/06/15

[08:49]   r m : Good Morning folks!
[08:50]   Vikkas C : Gdmrng everyone..!
[08:50]   Ashish : GM all
[08:50]   r m : http://vtrender.com/levels-and-plan-for-16th-june/
[08:50]   Ashish : Gm RM
[08:50]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-150615/
[08:50]   r m : Hi Ashish
[08:50]   Porus : Hi RM and all
[08:51]   r m : Hi Porus
[08:51]   r m : http://vtrender.com/option-values-dt-150615/
[08:51]   r m : Nifty JUN Future levels | Key Reference Area 7963 | Hypo1 below 7963➜7922➜7868 SL 7998 | Hypo2 above 8009➜8045➜8085 SL 7963
[08:53]   r m : Banknifty JUN Future levels | KRA 17315 | Hypo1 below 17315➜17237➜17160 SL 17426 | Hypo2 above 17476➜17555➜17714 SL 17410
[08:54]   Dharamveer : Gm all
[08:54]   Manoj : Good morning all
[08:54]   Sandeep : good morning all
[08:55]   Sharad : GM all
[08:59]   Shai : GM all
[08:59]   Manoj : GM shai sir
[08:59]   Sudhakar : GM Shai,RM &all
[08:59]   r m : Hi Sudhakar
[09:00]   Shailesh : Gud mrng all.
[09:01]   Chetan : gm all
[09:02]   Venkatesan : gm shai,rm and friends
[09:05]   Naveen : Happy Morning
[09:05]   r m : Hi Venkatesan
[09:06]   Ravi Chahal : GM all
[09:06]   Soumya : Good morning friends
[09:06]   Chetan : shai can we use VAH VAL levels in options as we use in futures
[09:06]   Venkatesan : hi rm 12th OF chart , difficult to zoom pl
[09:07]   Moses : GM All
[09:07]   Kathir : GM Shai RM all friends
[09:07]   r m : Hi Kathir
[09:07]   RK : GM Shai,RM and all
[09:07]   r m : Hi RK
[09:08]   John : GM all 🙂
[09:08]   Tejpreet : GM All.
[09:08]   Manoj : can we change time frame of charts
[09:09]   r m : @Venkatesan, yes, the underlying image is small
[09:10]   Venkatesan : how to zoom in and out rm
[09:10]   Suyash : GM all
[09:11]   Kathir : Hi venk RK
[09:12]   r m : @Venkatesan, you can’t, Shai will have to post a larger resolution image for that
[09:12]   RK : Hi Kathir
[09:12]   r m : @Manoj, charts are being projected from Shai’s system
[09:13]   Manoj : ok
[09:14]   Venkatesan : ok rm thank u rm, its not urgent
[09:14]   Venkatesan : hi kathir, rk
[09:15]   Hemant : GM folks
[09:15]   Chandan : Good morning…Shai…
[09:15]   Chandan : good morning rm…
[09:15]   Chandan : good morning friends
[09:15]   Augustin : GM all
[09:17]   Shailesh : hi wht time the charts get active..m new to this so plz bare with me
[09:17]   Manoj : chart nt started ??
[09:18]   Soumya : yup chart stuck
[09:18]   Shailesh : now it is working
[09:19]   Vikkas C : IS THAT SELLING AT 7990
[09:19]   Sreedhar : Good morning all..
[09:21]   Rahul B : Hello All
[09:21]   Rahul B : wat to view in this window
[09:23]   Arvind : GM friends
[09:24]   Shai : Yesterday Buyers at 7980 under pressure
[09:24]   Shai : kept kra at 7963 today
[09:25]   Shai : let’s see if yesterday buyers come back
[09:25]   Shai : Holding KRA we are expecting a revisit to yesterday poor highs
[09:25]   Shai : BNF also had buyers at 17320- 17330 yesterday
[09:26]   Shai : overnight data confirms what ordeflow showed us yesterday- short covering at lows and long liquidation at highs
[09:28]   Mohul : Charts stuck again.
[09:28]   Shai : importing data
[09:28]   Shai : it will resume
[09:29]   Mohul : ok
[09:29]   Tejpreet : Shai your views on Biocon for ID longs.
[09:29]   Shai : Sell BNF 17300- 17310 sl of 17365 tgt 17240
[09:29]   Manoj : can we take risky longs in nf & bnf here with only 25% qty
[09:31]   Porus : @Shai, what is at 17237/40?
[09:32]   Chandan : shai…our pos BN…SL is @ 17270 ?
[09:32]   Shai : Porus friday profie had buyers there just after the 1st hour
[09:33]   Porus : ok
[09:34]   Shai : Chandan move it to 17230 for intra now and we will drop it back to 17270 again by close
[09:34]   Shai : those positional stops are 30 min close basis
[09:34]   Chandan : ok
[09:35]   Shai : some buyers absorbing the selling in NF
[09:35]   Ravi Chahal : sl for 8100CE today?
[09:39]   Shai : 8100 ce sl at 33 today
[09:39]   Ravi Chahal : ok
[09:40]   Shai : looking weak below 47 today
[09:41]   Shai : exit the BNF short call at cost here – seeing buyers responding
[09:42]   Shai : looks like a quiet day in N today
[09:43]   Shai : Mostly should be inside yesterday range
[09:51]   Shai : Buy NF over 7991 sl of 7962 tgt 8010/ 8027
[09:51]   Shai : the sell in NF will come below 7963 today for 7944/ 7922
[09:52]   Shai : BNF looked like it will sell off on that sell order at 17325 but has met a buyer at 17280
[09:53]   Kathir : lvn 0 is there 17282
[09:58]   Tejpreet : Shai can you have a look at Biocon.
[10:04]   Shai : Biocon looking good on charts
[10:04]   Shai : with a sl of 450 can do 463/ 464 here
[10:05]   Soumya : shai can you please have a look at ajanta pharma chart?
[10:07]   Hemant : Folks need an opinion, looking for a full fledged broker who doesnt pressurize to do/maintain minimum trades.
[10:07]   Shai : ajanta weak below 1416 on intra
[10:07]   Kathir : @HEMANT Zerodha is best
[10:08]   Shai : 1394 minor supp but if that breaks can do 1359
[10:08]   Hemant : I am on Zerodha Kathir
[10:08]   Soumya : thank you shai
[10:08]   Tejpreet : Thanks Shai.
[10:08]   Shai : welcome
[10:08]   Shai : Indices are not doing much here
[10:08]   Manoj : My Reliance Securities is also best Hemant low brokerage secured leverage & no hassles
[10:09]   Kathir : @hem are they putting any pressure?
[10:09]   Tejpreet : Hemant Zerodha good but is you do more than 6 to 10 trades daily then look at RKSV fixed beokerage 3999 per month.
[10:09]   Varun : shai arent we continuing the bearish spike form 8060 types ?
[10:09]   Hemant : Ty Manoj, will have a look. No Kathir, Zerodha is pretty chilled out
[10:10]   Kathir : ok Hemant
[10:11]   Hemant : Tejpreet, its not the brokerage which is an issue. Almost got bullied by Motilal guys, kept pesturing to open an account
[10:12]   Tejpreet : Motilal is bad ..no doubt.
[10:12]   Tejpreet : But their platform is good ..heckyl is a good fno data.
[10:13]   Vikkas C : @tejpreet ..is heckyl avaible for individual subscription
[10:13]   Hemant : Must be Tej, I wonder what’ll happen to Zerodha if they were to have Heckyl packed in
[10:13]   Dharamveer : RKSV service is prompt
[10:14]   Hemant : VIkkas, where is that subscription ?
[10:14]   Tejpreet : For me Brokerage is a big thing as i trade too much ID.
[10:15]   Tejpreet : Zerodha backoffice is one of the best.
[10:15]   Tejpreet : No Vikkas heckyl is not for retail.
[10:15]   Naveen : why is Motilal bad?
[10:15]   Vikkas C : ohh..ok
[10:16]   Hemant : Pi is good too, but they just like most platforms it gobbles a ton of memory
[10:16]   Tejpreet : Naveen to much brokerage and RM is always telling something ..I like to trade on my own.
[10:17]   Kris : Gm All 🙂
[10:17]   Tejpreet : Not our RM but relationship manager 🙂
[10:17]   r m : Hi Kris 🙂
[10:17]   Kris : Hi Rm 🙂
[10:17]   Naveen : Myself a MOSL broker, so asked.. Can give a challanging brok and limits. So asked 🙂
[10:18]   Hemant : RM, the sales teams with Motilal has to be one of the worst, even after clearly stating that “not interested” they persist.
[10:18]   Tejpreet : I think nobody can beat RKSV plan of 3999 but anyways thanks Naveen.
[10:18]   r m : oops Naveen, sorry! deleting the above remark 🙂
[10:18]   Naveen : haha
[10:19]   r m : @Kris, expecting return to PDH in NF?
[10:19]   Tejpreet : But must say Naveen MOSL buy and hold calls in equity are good …
[10:19]   Hemant : Naveen perhaps you can in that case ask sales guys to know when to stop & start 🙂
[10:20]   Kris : @Rm – much more than that – expecting 8250 before weekend 🙂
[10:20]   Naveen : comeon this is a sales world, they have their targets, FIT FOR SURVIVAL
[10:20]   r m : OK Kris, thanks
[10:20]   Naveen : Rejection is your choice
[10:21]   Hemant : It almost became abusive if you know what I mean
[10:21]   Hemant : Must be a number of times when rejection is accepted no?
[10:21]   Naveen : ohk, everything has ethics which should be respected..
[10:22]   Naveen : waiting for the break of 7991
[10:22]   Naveen : Hope its coming now
[10:23]   Kathir : @Kris vanakkam 🙂
[10:23]   Dharamveer : Maybe they are also learning marketprofile and probing the customers
[10:23]   r m : @Hemant, once i saw a notice in SMC capital’s office saying that “dealers who have not attained target need not report next week”. Since then I have a sympathetic view of their calls, but I just don’t take the calls 🙂
[10:23]   Chandan : shai the lastest BN pos call…is that an update to reverse @ 17265
[10:24]   Hemant : @RM 🙂
[10:26]   Kris : Hi Kathir!
[10:26]   Kris : You are from Tamilnadu?
[10:27]   RK : After opening account with my local broker here, no calls between us in this last 8 months..peaceful working by both parties not disturbing each other 🙂
[10:28]   Naveen : @Rm tough market for brokers, Govt takes more than brokers, 1cr=1000rs stt
[10:28]   Hemant : Who is this broker RK?
[10:28]   Naveen : 15% on brok, Stamp duty
[10:28]   Shai : Yes Chandan
[10:28]   r m : yes, zerodha also believes in comunicating thru email etc. very conveient way
[10:28]   RK : Aliceblue.
[10:29]   Hemant : Looking up. Ty RK
[10:29]   RK : Welcome.
[10:29]   Chandan : ok
[10:29]   Varun : shai arent we continuing the bearish spike form 8060 types ?
[10:29]   r m : @Naveen, everyone knows the market before entering it, Govt taxes are pre-defined
[10:30]   Naveen : @RM i am saying, coz this brokers not able to charge more to clients 🙂 Poor brokers
[10:30]   RK : RM we are the rich state with poor traders..paying one of the highest stamp duty in the country RM 🙂
[10:30]   r m : today good chances of 80% tade succeeding, yesterday was balanced profile
[10:30]   Kris : hmm… too quick a reaction 🙁
[10:30]   Shai : Buy BNF near 17330 tgt 17390 sl of 17275
[10:31]   Shai : all that green coming n..
[10:31]   r m : @RK, yeah, TN believes in stamping out the traders 😀
[10:31]   RK : lol
[10:32]   Kris : was typing – all the signals for good 80% trade- green delta below VAL – and – 80% should happen 80% of times 🙂
[10:32]   Naveen : 600 Rs per crore, highest in the coutnry where others charge 50 rs
[10:32]   RK : Yes Naveen
[10:33]   Rahul G : shai the VAL is shifting from 7990 to 7984
[10:33]   Rahul G : which is the correct one
[10:34]   r m : 🙂
[10:34]   Sudhakar : kris are u from AP?
[10:34]   Kris : Yes Sudhakar
[10:35]   r m : Amma needs more!
[10:35]   Manoj : shai still 17330-35 buy not triggred can we buy market
[10:35]   Sudhakar : ok kris
[10:35]   Sudhakar : me from tpt
[10:35]   Naveen : oh, me from chittoor
[10:36]   Kris : @naveen – nice!
[10:36]   Kris : @Sudhakar – Tirupathy?
[10:36]   Rahul B : wat to do ???? u given sell bnf , then given buy bnf , then again sell bnf …
[10:36]   Sudhakar : @kris yeah mate
[10:36]   Kris : So Sudhakar and Naveen are just 50KM away!
[10:36]   Manoj : V2OF giving sell Y???
[10:36]   Rahul B : wat to do ??? as i sold at 17298
[10:37]   Naveen : haha YES..
[10:37]   Sudhakar : @ kris haha
[10:37]   r m : Andhrites chha gaye, TN back in minority? 🙂
[10:37]   RK : seems RM is the only man who dont have company from own state.sitting at peak and enjoying chilled air lonely 🙂
[10:37]   Sreedhar : Shai, any poor highs .. remember you said one at 8123..
[10:37]   r m : @RK 🙂
[10:38]   Soumya : 09:25 Shai : Holding KRA we are expecting a revisit to yesterday poor highs
[10:38]   Kris : @Rm – do not worry – Governments will find a way to break us into minority 🙂
[10:38]   r m : lol
[10:39]   Naveen : and abv HYPO 8010 BOOOM…
[10:40]   Ashish : @RK. No one from my state also – J&K 🙁
[10:40]   r m : 🙂
[10:40]   r m : @Ashish, Jammu?
[10:40]   Ashish : Yes.
[10:40]   RK : Rahul V20F is auto generated signals for positional players..If you are following intra signals, pls ignore V2OF..
[10:40]   r m : good, have been their once enroute Vaishno Devi
[10:41]   RK : Ashish so you are the closest mate to RM then 🙂
[10:41]   Ashish : OK, I have not gone there since last 10-15 years.
[10:41]   r m : I too went in 1995!
[10:42]   Vikkas C : shai hows infy looking at these lvls..?
[10:42]   Ashish : OK
[10:42]   Kris : @Rm – so you go to temples? :):):)
[10:42]   Kathir : @RM then I need to start marketing to become majority..will try to bring back ravi and otheres who left 🙂
[10:42]   r m : lol
[10:42]   Ashish : @Rk, yes, closest via mountains 🙂
[10:42]   Kathir : @kris tough question to RM
[10:43]   r m : @Kris, it was for tracking, but i did visit the temple
[10:43]   Sreedhar : hope i am not the only one from karnataka?
[10:44]   r m : normally I bow at temple gates assuming that God will not mind my not taking off shoes and staying out 😀
[10:44]   Sreedhar : ha ha ha..
[10:44]   Kathir : @RK and venk your target – bring two more of your friends here 🙂
[10:45]   RK : 🙂
[10:45]   Rahul B : shai wht is the net position in intra
[10:45]   Rahul B : long in nifty long in bnf
[10:47]   Kathir : is that buy above 7991 NF activated ?
[10:47]   Venkatesan : :)) sure
[10:47]   Vikkas C : seems HUL also getting ready for a move to 860
[10:47]   Rahul B : ofcource
[10:48]   Vikkas C : any views ?
[10:48]   Shai : yes longs in NF and BNF
[10:48]   Shai : If long not triggered buy abv 7991 only
[10:48]   Kathir : @venk dont add my name and RK in your list 🙂
[10:49]   Manoj : shai sir wht abt bnf even tht buy nt triggred
[10:49]   Ravi Chahal : triggered at 7992
[10:49]   Venkatesan : :))
[10:50]   Kathir : @shai is 8135 still possible this week?
[10:50]   Shai : hul 827 intra day res
[10:51]   Shai : activity looking range bund still – but can give a good amove abv 836
[10:51]   Shai : 805 positional supp still
[10:51]   Vikkas C : ok thanx shai
[10:51]   Vikkas C : and also infy ?
[10:52]   Shai : Manoj BNF get in here
[10:53]   Manoj : ok got @ 41
[10:53]   Sreedhar : Shai, in your tweet you said FII’s holding up to 40% is healthier..what does it mean..
[10:53]   Shai : Vikkas I have not yet adjusted for infy split- so chart is a bit awry
[10:54]   Shai : Sreedhar it was 21% earlier and close to 45% now- It is a representation of how much they can move the index on their own might
[10:54]   Vikkas C : ok no worries shai 🙂
[10:55]   Tejpreet : Can we have the current open trades in nifty and BN posted in annoucements …only the open trades.
[10:55]   Sreedhar : ok..
[10:55]   Shai : I mean there were guys who were blindly positing FII numbers when their weight in the index was less than 25%
[10:55]   Shai : desn’t make sense
[10:55]   Shai : doesn’t**
[10:55]   Sreedhar : ya..
[10:58]   Shai : if volumes pick up here BNF can do 17430 even
[10:58]   Shai : that 17325 seller liquidated and we got into a long call
[10:58]   Shai : responsive buyer at 17280 won that round
[10:59]   Manoj : & wht abt nf shai sir
[10:59]   Shai : for one hour 17280 buyer and 17325 seller were eye to eye
[10:59]   Shai : almost equal vols also
[10:59]   Dharamveer : @ Shai we can understand that there wasa seller at 17325 but how do we analyse that he liquidated the position or not
[10:59]   Shai : NF has to stay abv 7991
[11:00]   Dharamveer : my question was late
[11:00]   Shai : May not have also Dharamveer, but we see more greens above 17330
[11:00]   Shai : but that sharp move up is a sign of short covering imm abv 17330
[11:01]   Dharamveer : ok got it
[11:01]   Shai : it went 17330 to 17370
[11:01]   Dharamveer : ok now i understand
[11:06]   Rahul B : nifty near sl
[11:06]   Varun : of indicating a quick fall, lets see
[11:07]   Kathir : @varun do you expect 7920 today?
[11:07]   Rahul B : sl for nifty is 7962
[11:07]   Varun : ya lvn 0
[11:07]   Varun : types
[11:07]   Kathir : ok varun thanks
[11:08]   Varun : but i am no master, i discussed an of entry with shai last nite, ditto repeating
[11:09]   Vivek K : http://www.business-standard.com/article/companies/maggi-heads-to-cement-plants-115061600034_1.html
[11:09]   r m : noodle architecture needed now 🙂
[11:10]   Tejpreet : Any effect on cement stocks 🙂
[11:10]   Vivek K : fuel cost down for cement plants i guess
[11:10]   r m : then coal india will go down 🙂
[11:16]   Vivek K : shai, is it turning out to be a peanut munching day?
[11:16]   RK : Varun one push to yPOC atleast to check volumes there would be great to position ourselves for that LVN-0 fall 🙂
[11:18]   Varun : tht initates an 80 5 probe and failiure to go above ppoc would give high chance for days lows
[11:18]   RK : Yes
[11:19]   RK : but am biased towards 80% rule and then a possibly a poor high repair..lets see 🙂
[11:20]   RK : but Shai’s KRA is very closeby which questions the bias..we need to move away from this zone
[11:26]   RK : BNF follows alpacino – one inch at a time 🙂
[11:27]   Dharamveer : can we expect a DD today
[11:36]   Chetan : what does 1 up and 1 dn reference point denote in mp chart?
[11:38]   Shai : 17389 day high : Intraday – (10:30) Shai :Buy BNF near 17330 tgt 17390 sl of 17275
[11:39]   Shai : Keep NF V2OF sell below 7962 : (10:36) Manoj :V2OF giving sell Y???
[11:39]   Shai : Sell orders are rising
[11:39]   Rahul B : now sl for bnf will be 17275
[11:39]   Manoj : ok
[11:39]   Shai : Rahul B – sell BNF positional was alerted for 17275 . Please keep an eye for intra day alerts if trading intra
[11:40]   Manoj : shai sir i am long @ 7987 when 2nd time it broke abv 91 so shuld i hold or exit or reduse half qty pls tell
[11:41]   Rahul B : and in nifty we are long we short sell if 7962 is broken
[11:41]   Shai : reduce – keep new trigger abv day high now
[11:41]   Manoj : ok
[11:41]   Manoj : thanks
[11:41]   Shai : NF we did not get a prefect long abv- just peeped above our ref line and back
[11:42]   Shai : BNF exit if you get 17380 in this swing up if not done already
[11:45]   RK : BPCL on wild swing today due to crude oil movement
[11:47]   r m : as if they own oil wells!
[11:47]   RK : yes
[11:47]   Sreenivas J : BPCL fell as news about divestment came in
[11:47]   Shai : yes volumes are on the lower side : (11:16) Vivek K:shai, is it turning out to be a peanut munching day?
[11:47]   r m : maybe their vast inventory is responsible
[11:48]   Shai : even finger nails may get added to the peanuts 🙂
[11:48]   r m : lol
[11:48]   Sreedhar : Vivek send some here dude
[11:48]   RK : lol
[11:48]   Hemant : lol @Shai
[11:48]   Vivek K : @sreedhar finger nails or peanuts ? 🙂
[11:48]   Sreedhar : nails i have my own..
[11:49]   r m : 🙂
[11:49]   Sreedhar : ; )
[11:49]   Hemant : Ok, folks coming back to brokers, how is geojit?
[11:59]   Sreedhar : Guys anybody using SAS online? they have an unlimited tradeing in FNO for RS 999/
[12:00]   Shailesh : their service is not great also not much leverage for intraday
[12:00]   Sreedhar : oh..
[12:01]   Shailesh : also for intraday their system provides confusing method to execute the trade…if you dont put tht in the way they reco then will go for ur delivry portfolio
[12:02]   Shailesh : u can ask them for demo…thy will give u online demo..
[12:02]   Sreedhar : ok.. are you trading with them..
[12:03]   Chandan : i have my demat acc…with geojit…
[12:03]   Shailesh : i did for only 5 days then closed the ac…
[12:03]   Sreedhar : can understand.. Thanks Shailesh..
[12:03]   Chandan : the broker aligned to me used to pester me a lot in the initial days
[12:04]   Shailesh : Sreedhar 🙂
[12:04]   Chandan : buy this…buy that…stock..
[12:04]   Chandan : MFs..
[12:04]   Chandan : once i gave him a piece of my mind…i was left in peace…
[12:04]   Chandan : definitely niot suitable for intraday…brokerage wise
[12:05]   Chandan : i have my stock holdings with geojit
[12:05]   Chandan : but looking to shift to zerodha..
[12:06]   Chandan : they have come up with nice…tools…tax calculations…yu can see when stocks were added..and all
[12:06]   Shailesh : how much leverage thy give for intraday?
[12:07]   Sreedhar : NF bringing some action?
[12:07]   Shai : we will exit NF intra longs on next spike to 7980- 7985 for a small loss and stay sidelines
[12:07]   Shai : Sell NF below 7960 sl of 7987 tgt 7944/ 7922
[12:08]   Chandan : nerver tried much intra-day in that acc Shailesh…so cant say..
[12:08]   Suyash : shai what about nifty 8100 ce?
[12:08]   Suyash : shall we exit that as well on the next spike
[12:09]   Shai : had suggested a TSL at 33 on that 1
[12:09]   Suyash : ok
[12:10]   Shai : yes can exit near vwap also
[12:10]   Shai : (09:39) Shai :8100 ce sl at 33 today. (09:40) Shai :looking weak below 47 today
[12:11]   Hemant : Ty Shailesh, Chandan, Sreedhar
[12:11]   Sreedhar : : )
[12:12]   Shailesh : 🙂
[12:13]   Shailesh : shai call strike 8000 and 8100 seen writing high open interest for the day
[12:23]   Rahul B : we have exited from nifty at 7980
[12:23]   Rahul B : wat to next
[12:32]   Chandan : shai…the green pink line on the chart…what is it exactly…a net difference of cumulative buyers and sellers for the day…or is it wegihted with prices also..
[12:32]   Chandan : ?
[12:44]   Vikkas C : boring day
[12:47]   Augustin : narrow day.. Means, could be large move tomorrow depending on which way it breaks?
[12:48]   Vikkas C : true
[12:50]   Sreedhar : quick nap at Nf 7976 and woke up just to see 7976..
[12:51]   Augustin : 🙂
[12:51]   Sreedhar : : )
[12:51]   Augustin : I stopped watching
[12:51]   Hemant : 🙂
[12:52]   Soumya : haha
[12:57]   Chandan : ya..so far nf range 36.3 pts…if it stays below 62.9 pts..we will have a NR7 day…
[12:57]   Chandan : possible big move tomorrow
[12:57]   Manoj : mai 111 ka prasad chadunga mandir mein bhagwan nifty ko hilao upar yaa niche lekin hilao
[12:59]   Shai : Both exit done in NF an BNF longs
[12:59]   Shai : (11:42) Shai :BNF exit if you get 17380 in this swing up if not done already
[13:00]   Varun : shai one min refresh 2 lac buyer
[13:00]   Shai : (12:07) Shai :we will exit NF intra longs on next spike to 7980- 7985 for a small loss and stay sidelines
[13:01]   Shai : fresh data coming thru…
[13:01]   Vikkas C : shai buyers at 7964
[13:04]   Shai : not longs
[13:04]   Shai : looks like sl of longs triggered
[13:04]   Varun : yup, thies caught 😉
[13:04]   Varun : thief
[13:04]   Shai : vol not right still for a breakdown
[13:04]   Vikkas C : ohh..ok
[13:04]   Tejpreet : Shai as per kra short trade on or wait breakof 7960.
[13:05]   Suyash : @shai what’s your view on unitech for a positional buy?
[13:05]   Vikkas C : now 7964 has become sellers
[13:05]   Vikkas C : damnnn confusing
[13:05]   Shai : short on break of 7960
[13:06]   RK : Vikkas no confusion stops of buys are shown in red there at 7964 13.00 candle
[13:06]   Shai : Vikkas happens when price drops 6-7 points all of a sudden
[13:06]   Vikkas C : ok thanx
[13:07]   Shai : NSE has to move prices in 0.05 tick increments but it never happens and hence these numbers
[13:07]   Vikkas C : ohhh..ok
[13:07]   Manoj : shai sir do u expect a 80-90 points move in nifty today any side
[13:07]   Shai : No Manoj less chances
[13:07]   Manoj : even i thought
[13:08]   RK : BPCL towards 805 cash maybe today
[13:08]   Manoj : europe melting like ice cube kept in oven
[13:12]   Suyash : spot USDINR near breakout zone
[13:13]   Hemant : 7960 NF Gone
[13:14]   Shai : usdinr F cross of 64.41 means 64.57
[13:14]   Shai : supp 64.26
[13:14]   Shai : NF short triggered
[13:15]   Varun : shai triggering shorts at vwap band ?
[13:15]   Vikkas C : shai dont u think shorting below fridays low wud be a better option ..justsasking and learning
[13:16]   Shai : yes short below fri lows better if positional
[13:16]   Vikkas C : ok cool
[13:17]   Shai : Varun it’s risky and has to get new selling vols here
[13:19]   r m : NF and BNF choose to park at KRA!
[13:20]   Vikkas C : shai buyers at 7958 7956
[13:20]   Shai : overhead sellers are there for 7980/ 85
[13:20]   RK : RM enough parking..ask them to drive in either direciton 🙂
[13:20]   Tejpreet : Shai still locals at play or OTF coming in.
[13:21]   Shai : we just picked up an entry point expecting them to drive it further down
[13:21]   Shai : No OTF
[13:21]   Shai : still locals
[13:21]   Vikkas C : ok
[13:21]   r m : @RK, Petrol price hiked so just parking 🙂
[13:22]   Tejpreet : So the volume spike you are expecting will indicate OTF player are in.
[13:22]   Hemant : lmao @RM
[13:23]   RK : 🙂
[13:23]   Varun : shai is 68-62 n extension handle
[13:23]   Varun : ?
[13:24]   RK : If at all we run into extremes by close then one good trade is pending in BNF..simply above/below high/low with SL at VWAP + filter
[13:26]   Soumya : Shai – if OTF is not participating in the down move does this mean that they are waiting for the auction to go down further and then reject the lows by buying strongly?
[13:27]   Shai : Varun extension handle for intra is from IBL
[13:27]   Shai : Soumya yes
[13:27]   Varun : ya so ib low was 7967, rite ?
[13:27]   Soumya : Thank you Shai
[13:27]   Soumya : What could be the level 7930?
[13:27]   Shai : Also yesterday’s OI data did not show active buying
[13:28]   Shai : yes at the moment the volumes do not suggest that 7880/ 7910 will break
[13:29]   Shai : something big or a +20L day can trigger that break on more long liqudation
[13:30]   Tejpreet : Or maybe a gap down can break those lvls ..like post fed tomorrow.
[13:30]   Shai : when OI keeps reducing it is a sign that the mkt does not have active particpation
[13:30]   Shai : and old business is adjusting exposure
[13:59]   Shai : 7946
[14:00]   Manoj : exited part
[14:00]   RK : FA pending at 7931
[14:00]   Ashish : Shai, 7948 is buying?
[14:00]   Rahul B : should we cover at 7944 or wait for 7922
[14:01]   Tejpreet : Can anybody give me june month low value.
[14:01]   Tejpreet : in nifty and bn.
[14:01]   Shai : 7948 small buyer
[14:01]   Rahul B : 7931
[14:01]   RK : Tej 7931 F
[14:01]   Shai : Rahul always cover half near tgt 1
[14:01]   Ashish : Ok Shai
[14:02]   RK : 7940.30 spot
[14:02]   Tejpreet : Thanks guys.
[14:02]   RK : BNF 17138
[14:03]   RK : cash 17175
[14:08]   Shai : reduce NF trade qty abv 7968 – may spike to 7990
[14:08]   Shai : evidence of buying at lows in NF
[14:08]   Shai : BNF steady at vwap
[14:08]   Shai : not going down
[14:08]   Manoj : i exited full at 7949&55
[14:09]   Manoj : can we aggresive go long with low volumes ????
[14:09]   Shai : Not a high conviction day today on long or short side
[14:09]   Shai : Manoj if long only abv 7975 now with sl of 7959 can give you 7992
[14:10]   Shai : Vol at 61L now
[14:10]   Manoj : ok thanks shai sir
[14:10]   Shai : which points to a finish under 80 L today
[14:10]   Shai : very poor
[14:12]   Tejpreet : Shai positional sl on 8000 call.
[14:13]   Shai : exit NF short trade
[14:14]   Shai : Tej 41 a very good sl
[14:14]   Shai : tgt 110/ 132
[14:14]   Tejpreet : OK got some in the dip at 63.
[14:15]   Shai : Buy NF tgt 7992/ 8010 sl of 7960
[14:15]   Hemant : That small buyer provided some impetus 🙂
[14:17]   Shai : 8010 can make it a neutral day as it is again in IB
[14:18]   Hemant : Some shorts covered as well
[14:18]   Shai : 7990
[14:19]   Shai : took 11 mins – (14:08) Shai :reduce NF trade qty abv 7968 – may spike to 7990
[14:19]   Srini A : Bravo Shai 🙂
[14:21]   Shai : 🙂
[14:21]   Shai : BNF done POC
[14:22]   Venkatesan : shai, Is spot 7950 is strong support ?
[14:23]   Shai : well 7940 is a year low in Nifty
[14:23]   Venkatesan : thnk u shai
[14:23]   Shai : NF can spike again
[14:24]   Soumya : Did OTF enter?
[14:25]   Shai : possibly
[14:25]   Shai : still looking at 8010 on these greens
[14:26]   Soumya : any possibility of touching 8027?
[14:26]   Shai : yes that too possible
[14:26]   Soumya : thank you 😛
[14:29]   Shai : hmm neutral now
[14:29]   Shai : 8009
[14:29]   Hemant : Morning seller?
[14:29]   Shai : seller at top
[14:29]   Shai : clear out NF intra day trades
[14:30]   Soumya : 105925 stop loss or seller?
[14:30]   Shai : 8009.9 : (14:15) Shai :Buy NF tgt 7992/ 8010 sl of 7960
[14:30]   Shai : not kind with us today missed 7944 by 2
[14:30]   Shai : some 1 selling here
[14:31]   Shai : vwap is sl for next 1 hour
[14:31]   Shai : close can be neutral extreme still
[14:31]   Augustin : Shai 8100 CE missed T1 by 2 pts as well 🙁
[14:31]   Augustin : yesterday
[14:31]   Shai : yes
[14:32]   Shai : vwap bands again will make upmove difficult
[14:40]   Augustin : Shai – NF Move above 8010 is a confirmation for longs?
[14:44]   Shai : no positionals is still at 8065 spot
[14:44]   Hemant : Seller at 8006 covered a bit Shai?
[14:44]   Shai : yes some greens again
[14:45]   Shai : holding 7992 can close at hghs today
[14:45]   Tejpreet : Sellers at vwap band unable to move price down.
[14:45]   Shai : ossibly around 8028
[14:48]   Tejpreet : 8000 call part booked at 94
[14:49]   Dharamveer : Shai can e expect a gapu tomorrow
[14:49]   Tejpreet : Shai incase we hit around 8030 at close is it prudent to buy 8000 put or a close at abv 8027 would be a set up for gap up tmrw.
[14:50]   Dharamveer : what is daily avg volume?
[14:50]   RK : all around buying in stocks
[14:52]   Hemant : Shai, chance for 8070 look good for tomorrow?
[14:53]   RK : buying before event 🙂
[14:57]   Shai : gap up not possible
[14:57]   Shai : daily vols are 12L
[14:57]   Shai : avg
[14:57]   Shai : yes look for a repair of 8060 highs and then possibly down again
[14:58]   Tejpreet : booked out 8000 call at 103.
[14:59]   Shai : nice trade
[14:59]   Hemant : Part booked 8000 CE & 8100 CE at 104 & 56 respectively 🙂 Ty Shai, wonderous day
[14:59]   Tejpreet : Thanks.Shai 50% put buy now at 8030 and rest at 8065 or wait till tmrw.
[14:59]   Shai : no don’t buy put now
[15:00]   Shai : closing at highs
[15:00]   Shai : ok 50% will do
[15:00]   Soumya : what should be the stop loss for longs now? should hold for 8060?
[15:01]   Tejpreet : oops just booked out got 8100 at 122
[15:02]   Shai : TSL at 7998
[15:02]   Shai : No don’t hold profit booking visisble at 8030
[15:03]   Shai : these 30 points from 8030- 8065 had lots of selling yesterday
[15:04]   Tejpreet : Yes that is why thinking in case of positive global cues might get gap up tmrw to trap them but let see and wait.
[15:07]   Ashish : Big OTF 🙂
[15:07]   Hemant : Booked 8000 CE at 110 25%
[15:07]   Vikkas C : big seller @ 8042
[15:08]   Tejpreet : Good one hemant right on Shai tgt of 110.
[15:09]   Hemant : Yes Tej, thankful to him 🙂
[15:09]   Dharamveer : Shai is it a SL trigger the price didnt come down on such voulme
[15:09]   Hemant : Looking for it to go 130+ now
[15:11]   Shai : yes sl trigger
[15:11]   Tejpreet : As per heckyl data last 45 minutes only SC in nifty futures no fesh long builup.
[15:11]   Shai : Lots of shorts got built 8090- 8070
[15:11]   Shai : 7990- 7979**
[15:11]   RK : Shai max upside for BNF in this leg- 17800 tmw?
[15:11]   Sreedhar : short now shai?
[15:12]   Augustin : Shai – Get into PE at close or no?
[15:12]   Shai : can buy PE at close
[15:12]   Shai : neutral extreme setup
[15:12]   Augustin : Ok
[15:12]   Tejpreet : (14:59) Shai :no don’t buy put now
[15:13]   Sreedhar : ok..
[15:13]   Tejpreet : Got saved 8100 put down to 108.
[15:14]   Shai : 1 probe abv 8065 would have been good to repair that poor high
[15:15]   Sreedhar : at 8123? shai..
[15:15]   Dharamveer : what is this day called
[15:16]   r m : neutral extreme in NF
[15:16]   Dharamveer : thanks rm
[15:16]   r m : BNF is normal variation
[15:16]   r m : welcome
[15:16]   Tejpreet : DOes the close today save 7931F …atleast for the week.
[15:17]   Venkatesan : MP looks like inverted image of city dubai
[15:17]   Shai : possibly week lows saved for now
[15:17]   Varun : shai we had a fa at 7931
[15:17]   Shai : 7910 protected I meant
[15:17]   Tejpreet : 🙂 Venkatesan’
[15:18]   Varun : t=5 theory ?
[15:18]   Varun : t+5
[15:18]   Shai : The problem with that FA is that the exchange cancelled those trades at 7931 that day
[15:18]   Shai : so am not tracking it
[15:18]   Tejpreet : Thanks Shai.
[15:18]   Varun : means if i bought at 7932, trade didnt stand ?
[15:19]   Shai : No I think the sell order at 7931 was cancelled
[15:19]   Soumya : Shai can you please check tata motors
[15:19]   Hemant : Shai, good place to book out 8100 PE short ?
[15:19]   Soumya : i guess a medium term low has been made there
[15:19]   Varun : ok, very strange such thongs happen in nifty
[15:19]   Varun : things
[15:19]   Soumya : but we will have to wait for weekly close
[15:20]   Sandeep : what was the nf high yesterday
[15:20]   Shai : I did not get that 7931 in my close data
[15:20]   r m : 8065
[15:20]   Shai : have uploaded the same chart without 7931
[15:20]   Tejpreet : Varun you really probe the MP charts well …ladmire your dedication towards the study.
[15:21]   Shai : very good move in TTM
[15:22]   Shai : 445 res weekly
[15:22]   Shai : but this move can tgt 467
[15:22]   Soumya : is it a medium term bottom there?
[15:22]   Soumya : it looks to me like that
[15:22]   Soumya : thw swing low
[15:23]   Varun : 🙂
[15:23]   Shai : in NF?
[15:23]   Soumya : no tata motors
[15:24]   Shai : yes TTM very good response
[15:24]   Varun : if dalton i rite we will revisit todays lows
[15:24]   Varun : is”
[15:24]   Varun : lets see
[15:24]   Soumya : thank you shai
[15:24]   Shai : No low does not look secure for medium term but this move will probe the sellers placed higher
[15:25]   Soumya : ok.. thank you shai
[15:25]   Shai : 17610 BNF
[15:25]   Vikkas C : shai 8042 is a seller or profit booking
[15:25]   RK : TTM sellers are there from 475 levels
[15:25]   Varun : shai lts see open tmrw, spike and 8002 area needs a revisit
[15:26]   Dharamveer : Shai is 8014 an anomaly
[15:26]   Shai : 8042 is sellers
[15:26]   Shai : yes 8014/ 8002 anomalies
[15:26]   Sandeep : varun in what time frame
[15:26]   Shai : 8057
[15:26]   Dharamveer : so likely to revisit in next 5 days
[15:27]   RK : BNF got the entire move from day high of 380..closing it now 🙂
[15:27]   Shai : easy play tom if open is below these hghs
[15:27]   Varun : yup
[15:27]   Srini A : Shai, Whats happening in BNF? Can we initiate shorts?
[15:27]   Shai : short for 8002 anomaly
[15:27]   Varun : then it could be adrive down till 8000
[15:27]   Varun : but if we open higher, 8154, 8200 on horizon
[15:28]   Shai : Srini not safe but can speculate with small qty with sl over 17680 spot
[15:28]   Shai : oh yes
[15:30]   Shai : 8064
[15:30]   Shai : yesterday high was 8065
[15:30]   Shai : but still a neutral extreme
[15:30]   Soumya : poor high not yet repaired?
[15:30]   RK : and low too
[15:30]   Dharamveer : Good day all
[15:30]   Shai : easy to trade the pen tom
[15:30]   Hemant : Ty Shai 🙂 Ty Folks
[15:30]   RK : 7944 and 7946 🙂
[15:30]   Shai : long abv and short below
[15:30]   Varun : yes
[15:30]   Sreedhar : Thank you Shai, happy evening to all..bye..
[15:30]   Ashish : Bye all
[15:30]   Venkatesan : thank you shai, rm and friend
[15:30]   Shai : Bye all
[15:30]   r m : Thanks an bye folks, have a great evening 🙂
[15:30]   Tejpreet : Bye all.
[15:30]   Shai : have a nice evening
[15:30]   Augustin : Bye all
[15:30]   Soumya : thank you friends
[15:31]   RK : thanks and bye all
[15:31]   Porus : be all
[15:31]   Srini A : Thanks Shai and everyone
[15:31]   Shailesh : thanks all and Shai..:-)
[15:31]   John : Thanks and bye all:)
[15:31]   Vikkas C : bye all
[15:31]   Suyash : thanks and bye everyone
[15:31]   Chandan : thanks to all of you…have a nice evening
[15:31]   Moses : Bye all
[15:31]   Sudhakar : Bye All
[15:33]   Manoj : thanks again all mods for wonderful day bye all