OrderFlow charts and Notes 20/11/15

[08:46]   r m : Good Morning folks!
[08:46]   r m : http://vtrender.com/levels-and-plan-for-20th-nov/
[08:46]   r m : http://vtrender.com/orderflow-charts-and-notes-191115/
[08:46]   Shankar : GM RM and all
[08:46]   r m : Hi Shankar
[08:46]   r m : http://vtrender.com/consolidated-orderflow-191115/
[08:46]   r m : Nifty NOV Future levels | KRA 7918 | Hypo1 above 7893➜7939➜7966 SL 7850 | Hypo2 below 7826➜7791➜7702 SL 7857
[08:46]   r m : Banknifty NOV Future levels | KRA 17085 | Hypo1 above 17168➜17261➜17331 SL 17060 | Hypo2 below 16990➜16897➜16700 SL 17095
[08:47]   Porus : Hi RM and all
[08:47]   r m : (*** Private to Shankar ) I’ll mail you that indicator during the weekend, was too busy yesterday
[08:47]   r m : Hi Porus
[08:54]   Abhishek : Gm everyone
[08:59]   Anay : GM All
[09:01]   Sandeep69 : gm all
[09:06]   Tejpreet : GM All
[09:06]   Shai : GM all
[09:07]   Venkatesan : gm shai, rm and to everyone
[09:07]   r m : Hi Venkatesan
[09:09]   Venkatesan : rm ji stamp duty charges 0.002 or 0.006 for intraday?
[09:09]   Venkatesan : %
[09:10]   r m : stamp duty is state tax, will vary from state to state
[09:12]   Ashish : GM all
[09:12]   Venkatesan : ok any idea for tasmac state
[09:13]   r m : TN is .006%
[09:13]   Venkatesan : thank you ji
[09:13]   r m : https://zerodha.com/brokerage-calculator
[09:13]   Venkatesan : there is no mention of stamp charges in that calc
[09:13]   r m : there is a link for calculating statewise stamp duty in the above page
[09:14]   Santosh : Gm all
[09:14]   Sharad : GM all
[09:14]   Venkatesan : thank you ji just see the page below
[09:15]   Gaurav A : gm all
[09:19]   RK : GM Shai,RM and all
[09:20]   r m : Hi RK
[09:23]   Shai : low vol open
[09:27]   Venkatesan : shai open below spike low ?
[09:27]   Vikkas : Gdmrng all
[09:27]   Vikkas : Hi RM
[09:28]   r m : Hi Vikkas
[09:29]   Shai : Open within spike
[09:30]   Shai : spike was from 5835
[09:30]   Shai : 7835*
[09:30]   r m : NS being sent back with thanks from 7840 once again 🙂
[09:31]   Venkatesan : okk
[09:34]   Vikkas : shai can we get into 16500pe
[09:34]   Vikkas : BNF
[09:35]   Shai : BNF may be range bound – that 16500 pe may lose premium more quickly
[09:35]   Vikkas : ahhh..ok thanx
[09:36]   Shai : one lot of buyers at VAL in BNF
[09:37]   Shai : BNF open within value
[09:47]   Shai : slowish IB – vol in NF has to cross 10L still after 30 mins
[09:47]   Shai : BNF also poor
[09:49]   Shai : I always look at the first 5 min bar in the 5 min chart to see if it can pierce blue horiz sloping line abv to know if institutions are awake at open or not
[09:51]   RK : Shai we got 2 consecutive imbalance days which is rare..right?
[09:51]   r m : @Shai, there was no institutional buying yesterday, only reducing of positions in derivatives
[09:52]   r m : so more balancing till someone adds big?
[09:53]   Shai : Yes
[09:53]   Ravi : shai … why u dont gave future recomentations here ….i mean vtrenders recomentations
[09:53]   r m : Thanks
[09:53]   Ravi : i feel if so its good for us
[09:54]   Shai : Exit the NF BTST call. Buy 7800 pe at 38 sl of 27 tgt 49/ 55
[09:55]   Shai : which F?
[09:56]   Shai : Yes RK yesterday gap up and move was weird
[09:56]   Gaurav A : shai what about support @7808 u told yesterday does it stands good at present?
[09:56]   RK : have we got 3 imbalance days next to next?
[09:57]   Shai : Yes Gaurav 7808 or 7791 below
[09:57]   r m : NF finishes yvwap visit
[09:57]   Shai : we came out of BTST as we moved below spike lows and we had taken it as a spike trade
[09:58]   Gaurav A : hypo 2 still not active ?
[09:58]   Shai : Yes RM notes
[09:58]   Shai : noted.
[09:58]   Ravi : i mean like century ..etc
[09:58]   Uttam : we have a selling tail in BNF & have broken YVAL so not looking good
[09:59]   Uttam : need to see if it finds nay buyers @ yesterday’s buying tail (16920-16882)
[09:59]   Gaurav A : shai does 7808 stands good at present ?
[09:59]   Shai : hypo activate when you see sellers in the 6 mins
[09:59]   Shai : 5 mins
[10:01]   Shai : Gaurav 7790 is a better sl or 7818
[10:01]   Shai : this is a 2 way zone 7820- 7860
[10:02]   Shai : as long as we stay here bias is neutral
[10:02]   Shai : Ravi can be used for F trades also , but I prefer to give cash prices as they work better in terms of accurate levels
[10:03]   Gaurav A : thanks
[10:10]   Ravi : not that shai…can u gave here inthis tab ……now u r giving the sl and target with others questions ….i feel u may know which stock is moving …that can u give here
[10:17]   Ashish : Shai, BNF got one buyer yesterday who pushed it initially before trend set-up on upside. he came in around 0950. if I want to go long in BNF can a stop be placed @16920?
[10:17]   Vikkas : did anyone read karthik marar’s tweet abt DRL yesterday ?
[10:18]   Shai : Yes Ashish 16910 good sl for vwap touch
[10:18]   Ashish : Thanks Shai
[10:18]   Shai : but exit if vwap not crossed as yvwap is also there ad holding the move up
[10:19]   Ashish : Ok Shai, got it
[10:19]   Ashish : Yes Vikkas, he highlighted stopping volume in it.
[10:20]   Vikkas : yes ashish ..so was wondering can one go long with a test of the yesterdays low
[10:20]   Ashish : Looked risky now, DRL 50 up already
[10:21]   Vikkas : arre bhai i am saying long if we test yesterdays low 🙂
[10:21]   Vikkas : may be today or next week
[10:21]   Vikkas : or abv yesterdays high
[10:22]   Ashish : OK oK, yes sure will go into it
[10:39]   Ashish : BNF @ VWAP 🙂
[10:46]   Shai : NF abv vwap
[10:48]   Vikkas : wow
[10:48]   r m : fast move up!
[10:48]   Vikkas : YVWAP magic
[10:48]   Ashish : Shai, my view was right na:)
[10:48]   RK : spike at VWAP did a trick!
[10:48]   Porus : nf vah vah!
[10:49]   Shai : 7800 pe stopped
[10:49]   r m : wow wow! 🙂
[10:49]   r m : this is huge buying
[10:49]   Shai : wrb
[10:49]   Ashish : WTF
[10:49]   Gaurav A : here we goo
[10:50]   Ashish : Big reds on top
[10:50]   r m : @Gaurav, goo?? 😀
[10:50]   Uttam : we have a 3L seller in NF on top
[10:51]   Vikkas : and we have done 2ib in 5 mins ..damnn
[10:53]   Shai : carzy spike
[10:53]   Shai : should have come yesterday and it didn’t 🙁
[10:53]   Varun : copy book
[10:53]   Varun : vwap of trnd day responded
[10:53]   Uttam : in style that too
[10:53]   Vikkas : (10:48) Vikkas :YVWAP magic
[10:54]   r m : spot 7840/7920 almost done with many spectators 🙂
[10:54]   r m : 7886 done actually
[10:54]   Uttam : yep RM but that big seller @ 7880 levels negated?
[10:55]   r m : It was a perfect dhokha, even the vwap bands expanded on lower side
[10:55]   Anay : lol
[10:55]   Shai : 7914 res , 7858 supp
[10:55]   Gaurav A : who bought or furthe shorts covered??
[10:55]   r m : @Uttam, but that is not relevant for a day trader
[10:55]   Uttam : what abt BNF Shai?
[10:55]   Shai : trapped seller at 7885
[10:56]   Shai : 17196 res
[10:56]   Uttam : yes RM
[10:56]   Uttam : thanks Shai
[10:56]   Shai : 17030 supp
[10:56]   Shai : gernerallt the lows of the wrb are supp till the next wrb comes along
[10:59]   Vikkas : this can do 7932-7958 shai
[11:00]   Shai : 7958 if we cross 7914
[11:00]   Vikkas : thanx shai
[11:01]   Porus : shai bnf 17290 is a res again?
[11:01]   Gaurav A : shai mew to #mp but double bottom comfirmed with minimum tgt of 8000 =7860+(7860-7720) your take on it
[11:02]   Gaurav A : spot
[11:02]   Shai : yes could play next week
[11:02]   Gaurav A : 🙂
[11:03]   Nandesh : can i initiate fresh long in BNF/NF
[11:03]   Gaurav A : rm ji kangaroo jumping for cashewnuts 🙂
[11:03]   Vikkas : shai is 7880 a good TSL for NF
[11:04]   r m : when will a new building be built, whole year spent in repairs 🙁 http://screencast.com/t/Ow5Rjvt2rhg
[11:04]   Porus : Shai, pls advise carrying of nf, bnf buy positions to next week, at the appropriate time.
[11:13]   r m : @Gaurav, you mean Kangaroo jumped over the Indian Ocean to South India! 🙂
[11:14]   Shai : Buy BNF 17215 sl of 17165 tgt 17280/ 17322
[11:15]   Shai : 7885 F is still stuck seller
[11:16]   RK : Shai not possible he is the same one who bought at 7777 getting out now?!
[11:17]   Gaurav A : :))))))))))))
[11:17]   RK : but not sure..we got huge nos at 7888 sell, 7777 buy and again 7888 sell..
[11:17]   RK : playing for 100 points 🙂
[11:17]   r m : hope he has saved something for 8888 🙂
[11:18]   RK : 🙂
[11:19]   RK : BNF :))))
[11:20]   RK : cant touch it after a long time
[11:20]   Tejpreet : No need to touch it just don’t leave it seems the mantra now.
[11:21]   Shai : things are getting werd in BNF
[11:21]   Shai : 17322 is the earlier excess
[11:22]   RK : Yes
[11:23]   Ashish : Shorted BNF
[11:23]   Shai : thin structure to 7958
[11:23]   Shai : 7885 is supp
[11:24]   Shai : Part book BNF and move sl to 17215
[11:26]   Shai : NF in line with a move to spot 7920- 40 or 7958 F . looking to see if buyers remerge on a dip to 7885/ 7860
[11:26]   Shai : 7900 pe shoin a bit of buying at 46-47
[11:31]   RK : RM do we have vol above 17300 except that one big order?
[11:31]   RK : I mean in your tick table
[11:32]   r m : will check
[11:35]   r m : I think this single tick chart is easier to see then ticktable 🙂 http://screencast.com/t/1VacTEGM
[11:35]   RK : so someone sucked everything there!
[11:36]   r m : yes, got a hoover vacuum pump 🙂
[11:37]   r m : that means if you are holding positions in BNF always keep booking orders at exorbitant prices 🙂
[11:37]   r m : and wait for vacuum action!
[11:39]   Porus : RM was that big number an iitiative buy or sell?
[11:40]   r m : no inkling Porus 🙁
[11:41]   Shankar : RM that tick chart ofBNF reflects the heartbeat of those who take exposure to it 🙂
[11:41]   r m : lol
[11:42]   Shai : RK data will not be able to capture all the trades
[11:42]   r m : yep, we are saddled with aggregation of ticks!
[11:43]   Shai : but for that 170 point move 17196 to 17350 the vol traded was 200000, so presumed early buying and cashing away
[11:43]   RK : Agree Shai..not possible to leave such a dent there..fast moves lead to data bug
[11:43]   Shai : 146300 could be a booking order
[11:44]   RK : fine
[11:44]   RK : above 350, 500 calling Shai?
[11:44]   RK : the good old grind zone 17200-17600 🙂
[11:45]   Venkatesan : thsi week so many trend days
[11:45]   Shai : yes RK 17522 if we carry and cose abv 17200 today
[11:46]   Shai : but is nor entirely easy as we have failed 2 times
[11:46]   Shai : puls no new buying abv 17300 yet
[11:46]   Shai : plus*
[11:46]   RK : nothing comes in a single move..so has to get in and out quickly..
[11:47]   RK : I mean recent trades
[11:47]   RK : it looks like ages now BNF booked min 300 points straight 🙂
[11:47]   Sandeep : shai for nf longs what is the resistance now
[11:47]   Shai : if we do cross 7930 in tday’s trade on spot , then next week’s option expiry centers around the 8000 call writers
[11:47]   Gaurav A : shai abv 7930-40 spot resistance more shortcovering expected
[11:48]   Shai : trade could get to 7910 – 8110 spot levels
[11:48]   RK : Gaurav enough man stop it here 🙂
[11:48]   RK : lets get some balance before next move 🙂
[11:48]   Shai : Sandeep 7920- 40 spot
[11:49]   Sandeep : thanks shai
[11:49]   RK : but awesome trade Gaurav..Congrats 🙂
[11:49]   Shai : supp now 7840 spot
[11:49]   Shai : Good going Gaurav- great conviction +1
[11:49]   Gaurav A : jaisi agya rk sir will be happy with 200+ as of now @7926.30 🙂
[11:50]   RK : 200 straight points in this mkt is really great one !
[11:50]   Gaurav A : thanks sir
[11:51]   r m : 17340 spot looks like a prominent POC http://screencast.com/t/4NnNubkeH
[11:51]   Uttam : we also have a VPOC @ 17400 in BNF?
[11:52]   r m : but there was a big congestion up there, guess a composite should be observed up there rather then single day
[11:52]   r m : Yes Uttam
[11:53]   Uttam : thanks RM
[11:54]   Shai : yes vpoc 17400
[11:55]   r m : http://screencast.com/t/Thl0GYE3orPD
[11:57]   r m : RIP – IndiaVIX 🙂
[11:58]   Tejpreet : Yes Vix demise makes casino tickets cheaper for lotto games in expiry week 😉
[11:59]   r m : that is good news, where art thou Kathir, TTB awaited 🙂
[12:00]   Shai : 50% qty trade : Buy NF 7920 sl of 7899 tgt 7958
[12:01]   Shai : we ae not dropping more than 10 points since the spike up and the seller is in pain – so using 20 point stop to fill the poor structure up
[12:26]   Rahul P : where is vwap for nf today ??
[12:26]   Shai : 7875
[12:28]   Rahul P : thanks
[12:39]   Shai : Exit BNF / NF long trades
[12:43]   Rahul P : vwap test likely…will be interesting to see what happens there
[12:43]   Shai : yes
[12:43]   RK : dpoc spike got buyers trap 45k
[12:54]   Shai : 7885 seeing 337000 greens
[12:55]   Shai : cover orders could be
[12:56]   Uttam : 7895 you mean Shai?
[12:57]   RK : on daily of yday and today got so many reds at top..hardly greens
[12:57]   RK : have seen such OF earlier but we kept on moving up..forgot the date and price of such move..
[12:58]   Shai : RK – happens expiry week
[12:58]   RK : Yes Shai possibily
[12:58]   Shai : these chaps start rolling from wed
[12:58]   RK : Yes.
[13:02]   Shai : NF/ BNF dec charts of daily on extreme right
[13:02]   Shai : spikes come through buy volume in NF dec
[13:07]   RK : I think Draghi speaks today
[13:08]   Sandeep : shai dec 8000 ce still hold right?
[13:08]   Varun : Shai can u pls post profile also
[13:08]   Porus : RK at 1.30 pm
[13:08]   Porus : Erope and US futures inch up
[13:09]   RK : Yes in 30 mins
[13:09]   Porus : nf, bnf saluting too!
[13:10]   Shai : Yes Sandeep Dec we will carry- It’s next month so not much of an issue
[13:10]   Varun : thanks
[13:12]   RK : BNF has better plans to deal with 320 tail..full of green delta since that 220 test
[13:18]   Bhagya : 7884 is a strong support on nifty fut for the day. till we break that no selling today
[13:26]   Tejpreet : Looks like bears asking for exit route behind the curtains 😉
[13:27]   Abhishek : Shai can we expect 7958 now?
[13:29]   Shai : yes can do 7958 but we will attempt the new buy over 7920
[13:29]   Abhishek : ok
[13:29]   Shai : or a dip to 7885/ 7870
[13:30]   Porus : spoiler for today is the usd index. up steeply since morning.
[13:32]   Gaurav A : 100.14 on usdx on cards
[13:33]   Gaurav A : then a fall berore rate hike my expectations
[13:34]   Abhishek : ok thanks
[14:22]   Varun : when were we last around 8000 lvls
[14:22]   Varun : dates
[14:23]   RK : 6-Nov
[14:23]   Vikkas : 6th nov
[14:23]   Varun : thanks rk
[14:23]   RK : wc
[14:23]   Vikkas : thanks sirf RK ko 🙁
[14:23]   Vikkas : hahaha
[14:24]   RK : 🙂
[14:24]   RK : Varun preparing for 8000 holding 7855 ? 🙂
[14:25]   Varun : 7975 and 8122
[14:25]   Varun : just saw vikas
[14:26]   Varun : 🙂
[14:26]   RK : Cool..but take it Imbalance+balance and not Imbalance+Imbalance+Imbalance 🙂
[14:26]   Vikkas : haha..was justr kidding varun 🙂
[14:26]   Varun : thr is a good balnce 7730/7880 on composite
[14:26]   Varun : at bottom
[14:26]   Vikkas : i was looking at 7985 and 8070 types
[14:26]   Varun : we have broken out of 150 point balnce , lets see
[14:27]   RK : cool..
[14:27]   Varun : and regarding imbalnce , in rally and fall in a trend we stay in imbalance for days
[14:28]   Varun : some times value needs to be formed at a distance
[14:29]   RK : I meant about imbalance of contra moves consequtively..Imbalance in a trend is understood 🙂
[14:36]   r m : premium disappeared almost in nifty
[14:37]   Bhagya : sold nifty fut with stoploss of 7117
[14:37]   Bhagya : 7917
[14:37]   Bhagya : bought 8000 put 113 stoploss 100
[14:39]   r m : Bulls packed up the moment they read about Bhagya’s shorts!
[14:39]   r m : vwap in NF
[14:40]   r m : WRB too!
[14:40]   RK : BNF again 🙂
[14:41]   r m : 🙂
[14:41]   Bhagya : ha ha ha
[14:41]   Bhagya : rm too much
[14:41]   r m : 🙂
[14:42]   Gaurav A : bought intra @7865 sl 7840
[14:44]   Varun : 7912 close looks nice from here
[14:44]   Rahul P : @ bhagya, what is your target ?
[14:49]   Ashish : bhagya please cover your shorts yaar
[14:50]   Rahul P : it is sustaining below vwap…..seems fry-day move ahead ???
[14:52]   Bhagya : sell right and sit tight
[14:52]   Bhagya : ha ha ha
[14:52]   Rahul P : target??
[14:53]   Bhagya : till bulls give up and cover longs
[14:53]   Ashish : taking a lottery here, 8100 CE at 3.6….aar yah paar
[14:54]   Bhagya : 7858-60 cover
[14:55]   Gaurav A : 🙂 then join the party
[14:57]   Shai : not enough NF buyers
[14:57]   Shai : 7855 supp
[14:57]   Bhagya : so jaldi agaya
[14:58]   Venkatesan : shai poor low on 18th
[14:58]   Bhagya : 7861 cover 50%
[14:58]   RK : expiry is not going to be easy this time 🙂
[14:58]   Bhagya : 8000 puts from 112 to 142
[14:58]   Shai : premium has gone
[14:58]   r m : discount now
[14:58]   Shai : leaning at 7840 spot as support
[15:00]   Bhagya : see how beautifully it bounces from my zone
[15:00]   Bhagya : but still holding 50% positions
[15:00]   Bhagya : waiting for bulls to still panic
[15:00]   Venkatesan : shai poor low at 7724?
[15:01]   Venkatesan : on 18th nov
[15:01]   Bhagya : bungee jump coming still
[15:01]   Gaurav A : fut @discount
[15:01]   RK : Shai still any anomaly left between 7900-7950?
[15:02]   Gaurav A : fresh short covering today or gap -up monday ????
[15:02]   Shai : all done RK
[15:02]   RK : thanks Shai..
[15:03]   RK : any ref to wait Shai below 7855 for positional shorts?
[15:04]   Janak : test
[15:04]   Janak : bhagya pl give ur email id – i wud like to befriend a bear :
[15:04]   Shai : RK take below 7840
[15:04]   RK : but similar to 7725 this 7924 high is also not looking good..seems need a another hit..
[15:05]   RK : yes only below yday poc
[15:05]   Shai : BNF confirms back as a balance
[15:05]   Rahul P : 7725 & 7924 both sides poorer
[15:05]   Shai : largish and exces remains
[15:05]   Venkatesan : janak :)))
[15:05]   Rahul P : where do we visit first ??
[15:06]   RK : excess of 320?
[15:06]   Varun : nt shoowin
[15:07]   Shai : 330 is an excess
[15:07]   Shai : 349 high today
[15:07]   RK : got it
[15:07]   Gaurav : Any trade to carry forward for Monday Shai or avoid?
[15:07]   Shai : yes will check the BNF profile post mkt
[15:07]   Bhagya : covered all
[15:07]   Rahul P : ohh, not visible on profile though
[15:07]   Ashish : Thanks Bhagya
[15:08]   Shai : Gaurav BNF is short but NF avoid
[15:08]   Tejpreet : Shai with todays move can 7900-7700 be taken as expiry zone.
[15:08]   Gaurav : Thanks Shai
[15:09]   Shai : Tejpreet using 7840 as ref if it holds then 7800- 8000
[15:09]   Shai : NF did not stay below 7800 all week
[15:11]   Tejpreet : Thanks Shai.
[15:15]   RK : who is happy with this close..bulls or bears?
[15:15]   Tejpreet : I think ID traders 😉
[15:15]   Rahul P : 7725 – 7924 both side poor…..where do we repair first ???
[15:16]   Kathir : @RK I just came and see market where it was yest this time same 🙂
[15:16]   Varun : rahul can anyone know tht
[15:16]   Varun : 🙂
[15:16]   Venkatesan : yes on 18th 7725 PL
[15:16]   RK : Tej cool 🙂
[15:16]   Venkatesan : PL @ 7724
[15:16]   Varun : and tej does only intra 🙂
[15:16]   Shai : no show by buyers still from 2.40
[15:16]   RK : Kathir lucky fellow you are 🙂
[15:16]   Varun : so smiling he goes back home
[15:17]   Kathir : you guys took market 100 up and down
[15:17]   Varun : as per pure mp
[15:17]   Varun : we have value abv [revious high
[15:17]   RK : Kathir no..Mkt took us up and down 🙂
[15:17]   Varun : poc at top
[15:18]   Kathir : yes RK 🙂
[15:18]   RK : 7844 last saviour
[15:18]   Rahul P : shai, the algo from 7884 still holding ???
[15:18]   Tejpreet : Yes ID is safe in these times . Even if you have positional views do not carry , can take the same position back next day …may loose some points but better than seeing market open on the opposite side.
[15:18]   Kathir : oh again rain started here RK
[15:18]   Shai : yeah Rahul could be still
[15:19]   Venkatesan : algo 7838 sup
[15:19]   Kathir : @shai again 7840 t iportant no for close?
[15:19]   Kathir : spot
[15:19]   Shai : The thing about these algos these days is that they are now braver, they hold a 5 point slide against them also
[15:19]   Bhagya : going for weekend early
[15:20]   Bhagya : great trade today
[15:20]   Shai : previously was used to see them liquidate in 15 points
[15:20]   Shai : Congrats Bhagya. Enkoy the break
[15:20]   Shai : Yes Kathir
[15:20]   Kathir : congrtas bhagyaas
[15:21]   Venkatesan : bhagya you covered early
[15:21]   Janak : shai kris / bhagya are the stars of the rooms – there trades shd be published in the announcement or a separte tab – so that we can copy them and benefit
[15:21]   Shai : lomg liquidation in Nov
[15:21]   Janak : if room members agree – pl vote here
[15:21]   Shai : all the greens covered
[15:21]   Kathir : @shai so a close below 7840 opens 7725 again?
[15:22]   Shai : No Monday open below 7840
[15:22]   Kathir : ok shai thanks
[15:26]   Gaurav A : shai 7840 holding spot longs carry ?
[15:26]   Gaurav A : intra exit @7852
[15:27]   Shai : yes for now
[15:27]   Shai : 7800 put no buying still
[15:27]   Shai : 8000 dec seeing some buying
[15:27]   Shai : 8000 dec call
[15:27]   Varun : shai value at 7812
[15:27]   Varun : 7912
[15:27]   Rahul P : close at lower DD will be bearish , righ shai ??
[15:28]   Varun : normally we retrace to value
[15:28]   Ashish : Shai, 7900 CE nov also good @ 26
[15:28]   Shai : context has been 7820- 7860 value this week- we moved up and down and back there – so neutral
[15:29]   r m : laut ke buddhu ghar ko aaye 🙂
[15:29]   Shai : yes some green in 7900 ce
[15:29]   Ashish : hahaha
[15:29]   Ashish : Thanks Shai
[15:29]   Shai : maybe another push up mon and then we will see
[15:29]   Kathir : @shai weekly close above 7840 spot means some bullishness Shai?
[15:29]   Ashish : bye all, have a nice weekend
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Venkatesan : thank you and bye everyone
[15:30]   Shai : Kathir we went up abd did not see new buying – so not very bullish
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice weekend
[15:30]   Gaurav A : bye all have a great weekend
[15:30]   Kathir : ok shai thanks and bye all
[15:31]   Sandeep69 : bye
[15:31]   Tejpreet : Bye All

[09:18]   Nandesh : i have century .. please guide me target and sl inntraday
[09:25]   Nandesh : i have century .. please guide me target and sl inntraday
[09:29]   Shai : century intra good abv 573 tgt is 585 intra . positional tgt 594
[09:29]   Nandesh : tnx
[09:36]   R Goel : shai view on tata steel
[09:38]   Shankar : Shai views on Arvind pls
[09:39]   Shai : tata steel crosses 232.4 can set up a move to the prev seller at 243
[09:39]   R Goel : thanks
[09:39]   Shai : should not go below 230 once crossed 233
[09:39]   Uttam : Shai ONGC looking good here?
[09:41]   Shai : arvind has a vol expansion can still hit 318 + but for positionals now 290 is a big supp in coming weeks
[09:42]   Tejpreet : Shai Axis bank at 460 , where is the next support , can sell put options with intention of cash buying.
[09:42]   Shai : buy dips arvind
[09:43]   Shai : yes ongc looking good – good buy vols intr tgt 236.7
[09:43]   Shai : positional close abv 234 is good
[09:45]   Shai : axis could hold 459 today that positional supp is 452 is looking to sell nov puts
[09:45]   Shankar : Thanks Shai
[09:46]   Tejpreet : Thanks Shai.
[09:51]   Uttam : thanks Shai
[10:10]   Ravi : shai …here u giving the levels on future or cash??
[10:11]   Vikkas : @Ravi stock lvls are always in cash
[10:11]   Uttam : all stocks are cash levels Ravi
[10:12]   Ravi : thanks vikkas , uttam
[10:19]   Uttam : Shai ONGC looking to do a U-turn, break of day’s low could be a good short here?
[10:22]   Vikkas : @RK sir pls share ur views on DRL 🙂
[10:23]   Ashish : was going to ask same @ Vikkas
[10:24]   RK : long above 3450
[10:24]   Vikkas : perfect thats the TL brkout as well 😉 appreciate RK sahab
[10:25]   Ashish : Rehne do vikkas, abhi century lagaana baaki hai isme
[10:25]   Ashish : Thanks RK for DRL view
[10:26]   Shai : ongc dip buyers may come till 231- avoid short for now
[10:26]   RK : but I feel upmove of DRL would be sold off for some days..we had one breakout above 3400 and sustained only 100 points up and sold off..expect another breakout also would fail..anyway will go for it for 50-100 points move..
[10:27]   Vikkas : yes RK i got stuck in that brkout and luckily got an exit with just 25 point loss 🙂
[10:27]   RK : 🙂
[10:28]   Uttam : thanks Shai it has made a excess @ the gap resistance & is turning down that is why was asking. In case 231 breaks then?
[10:28]   Vikkas : shai pols have a look at TCS for long ..
[10:28]   Vikkas : Pls
[10:29]   Ashish : Rk, BPCl flying now
[10:33]   RK : Yes Ashish..
[10:33]   RK : http://chartink.com/stocks/HCLTECH.html
[10:33]   RK : Folks, quiz here..check this HCL chart and say you will take long or short here 🙂
[10:33]   RK : you can refer your own charts too 🙂
[10:34]   RK : We will take Shai’s opinion finally..
[10:35]   Vikkas : for me ril abv 850 longs are safe
[10:36]   Vikkas : *til
[10:36]   Vikkas : *til
[10:37]   Uttam : I feel till it closes above 890, short here will have a better RR
[10:37]   RK : Vikkas HCL
[10:37]   Ashish : Shai, Do volumes suggest BPCL will go above 925?
[10:38]   Ashish : Longs in HCL tech with 800 as stop
[10:38]   Vikkas : yes RK that was a typo ..was writing TILL
[10:39]   r m : better risk reward in short with stop at 885 weekly VAH / SAR 🙂
[10:40]   r m : http://screencast.com/t/ZgupKrPscoDN
[10:40]   RK : it perfectly poised for jump to either side to me..but biased to go short below 855 🙂
[10:40]   RK : RM hi5 🙂
[10:40]   r m : theory it is balancing the fall in previous week 🙂
[10:40]   RK : 885 is my exact stop 🙂
[10:41]   r m : Great! I should shift from paper trading to real one now 😀
[10:41]   RK : Shai your view here pls 🙂
[10:41]   RK : RM lol
[10:42]   RK : Ashish 800 stop? too deep?!
[10:42]   Uttam : RK if today ends up as in Inside day, next week could short below today’s low also right?
[10:42]   Vikkas : @RK chk the 100WEMA on HCLTECH
[10:43]   Vikkas : since jan 2012 hasnt broken and currently sitting at 811
[10:43]   Tejpreet : Got disconnected , can some one email stock chat room messages from RK query about HCL . tejpreets@hotmail.com. Thanks.
[10:44]   Ashish : Oh, i thought CMP is 832, My bad.. will check it again
[10:45]   RK : Vikkas will check
[10:47]   RK : Uttam mostly yes..based on close
[10:48]   Uttam : yes RK
[10:48]   Uttam : Shai Infy looking good for longs here?
[10:51]   Shai : tcs looking good for 2424- 34
[10:52]   Vikkas : thanx shai went long at 2390
[11:26]   Nandesh : shai your call on icici.. it is above 268 …
[11:28]   Shai : lost track of the tab here in that NF spike. any stock queries pending?
[11:28]   Shai : updating hcl tech
[11:29]   RK : Yeah lost track on many thing with this spike 🙂
[11:29]   Shai : icic move is to 271/ 273 .5 sl below 265 now
[11:31]   Shai : infy 1032 suggested sl for postnl
[11:34]   Shai : hcl tech still a bit of reapir needed and may close the week below 874 but holding 825 next week should do 915
[11:34]   RK : thanks Shai..
[12:40]   Nandesh : i have icici .. should i exit
[12:43]   Shai : yeah part book – seller has come near 270 intra
[12:44]   Nandesh : thanks
[13:34]   Ashish : Shai, Eicher does 2nd target.. do you see upper levels coming in this?
[13:34]   Ashish : BTW, thanks a lot for this 🙂
[13:38]   r m : Congrats Ashish!
[13:39]   Ashish : Thanks RM 🙂
[13:47]   Shai : for now 16440 is res – next week if we have frsh longs vol abv 16440 then a new buy call
[13:48]   Ashish : Thanks Shai
[13:48]   Shai : thenwe look at 1007/ 17140 abv 16440
[13:48]   Shai : 17007*
[13:48]   Ashish : Ok Shai 🙂
[13:50]   RK : Shai Relcap still 418 ref or 413 for supply?
[13:51]   RK : held 401
[13:58]   Porus : shai, what are usdinr levels today/
[13:59]   Shai : 413 on intra 418 postnl but looking good for 440 now relcap once that is crossed
[14:00]   RK : Yes..playing for that only but playing whips last two days..thanks Shai..will check
[14:12]   Gaurav A : shai ur inputs on lt
[14:13]   Shai : on?
[14:13]   RK : L&T
[14:14]   Vikkas : im personally waiting for L&T to brk 1380 lvls for 1404 anv abv short covering
[14:14]   Shai : LT carrying a long view all week- 1st tgt was near 1390
[14:15]   RK : today’s morning dip pushed some longs out..any breakout here would be good to take it above 1400 next week..but breakout not coming Vikkas 🙂
[14:15]   Shai : stock is headed to 1430 -LT
[14:16]   Vikkas : yes thats why not having longs ..will enter once 1380 brks
[14:16]   RK : Great..played on downside but not taking part in longs..will enter above 1380+ if we get it today
[14:16]   Vikkas : yes perfect RK .. 🙂
[14:16]   Gaurav A : entry and support of L&T shai
[14:18]   RK : GAurav as per Shai levels we are approaching target 1..
[14:18]   RK : any dips may be bought..check stocks sheet for the levels discussed earlier this week
[14:19]   Gaurav A : rk sir link for the same ?
[14:19]   Vikkas : @RK also have a look at tisco
[14:20]   RK : Right hand bottom corner Documents link..you can check file name ‘stock levels’ there
[14:20]   r m : @Gaurav A, link in first tab
[14:20]   RK : Vikkas not comfy with tisco moves..let it move above 240..will think about longs later..
[14:21]   r m : file for current week is named StocksLevels_CurrentWeek
[14:21]   Gaurav A : got it thnks
[14:21]   Vikkas : haan RK sahab ..im just asking to keep on watch 🙂
[14:22]   RK : Yep
[14:28]   Vikkas : @RK did u buy that fall in maruti on wednesday ?
[14:29]   RK : quit yday close..lol..
[14:29]   RK : yday morning entry and quit by close
[14:30]   RK : it moved 100 kms away
[14:30]   Vikkas : damnn ..i chickened out and didnt buy only ..
[14:30]   Vikkas : yeah ..crazy ..4760 was ATH now closer to it
[14:30]   RK : I think Ashish holding the wheel there 🙂
[14:31]   Vikkas : woah..
[14:32]   r m : @RK, Eichermot in one hand and Maruti in other – Ashish I mean 🙂
[14:32]   r m : multiwheel driving!
[14:32]   RK : I dont know where he parked his legs :))
[14:32]   r m : must be on Drreddy 🙂
[14:33]   Vikkas : hahahhahahha
[14:33]   RK : I think BNF shorts in one leg
[14:33]   r m : ok 🙂
[14:34]   Vikkas : but seriously NF,BNF,DRL,Maruti 4 stocks and u can make good money ID also
[14:35]   RK : true
[14:35]   Vikkas : learnt this from u only RK
[14:35]   Vikkas : owe u big big time for this
[14:35]   Vikkas : 🙂
[14:36]   RK : pleasure Vikkas 🙂
[14:46]   Ashish : Eicher gave good profits RM and RK
[14:47]   Ashish : Man exited BNF shorts 5 mintes before this fall, nifty shorts also, 8000 pe also
[14:48]   Ashish : i missed my weekend expensesby 5 minutes 🙁
[15:02]   RK : Ashish thats very sad..
[15:03]   Ashish : 🙁