General Chat Transcript
Date and Time: June 22, 2015 09:17:10
[08:49] r m : Good Morning folks!
[08:50] r m : http://vtrender.com/levels-and-plan-for-22nd-june/
[08:50] r m : http://vtrender.com/premium/orderflow-charts-and-notes-190615/
[08:50] r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-22-26-june15/
[08:51] r m : http://vtrender.com/option-values-dt-190615/
[08:51] r m : Nifty JUN Future levels | Key Reference Area 8270 | Hypo1 above 8270➜8296➜8316 SL 8242 | Hypo2 below 8224➜8200➜8181 SL 8255
[08:51] r m : Banknifty JUN Future levels | KRA 17805 | Hypo1 above 17900➜18024 SL 17801 | Hypo2 below 17805➜17690 SL 17896
[08:51] r m : Nifty SPOT Weekly levels | Supp 8080/8130 | Res 8340/8450
[08:51] r m : Banknifty SPOT Weekly levels | Supp 17480/17560 | Res 18260
[08:55] Vikkas C : Gdmrng all..!
[08:57] John : GM all
[09:01] Ashish : Gm all
[09:01] Soumya : good morning friends
[09:02] Hemant : GM folks, hope weekend was great
[09:02] Ravi Chahal : GM all
[09:02] Srini A : Gm Everyone
[09:03] Sharad : GM all
[09:04] Shai : GM all
[09:04] Manoj : GM shai
[09:05] Manoj : GM SHAI welcome back
[09:05] Manoj : GM RM
[09:05] Venkatesan : gm shai, rm and frinends
[09:05] Manoj : Gm all friends
[09:05] r m : Hi Manoj, Venkatesan
[09:05] Porus : GM all
[09:05] Shai : Thank you Manoj
[09:06] Shai : Missed the room on friday
[09:06] Sudhakar : GM Shai &All
[09:07] Shai : Nice value creation on friday
[09:07] Shai : higher and every value creation higher confirms a trend up
[09:08] Shai : 8242 is VAH but we are using the lows of the previous balance / breacket at 8270 for a new intra long
[09:08] Kathir : Hi Shai RM all firends
[09:08] Shai : NF intra weak below OC only
[09:08] Shai : POC*
[09:09] r m : Hi Kathir
[09:09] Vivek K : shai tvsmotor levels pls. look like attempting a breakout
[09:10] Srini A : @Shai, Do you mean Friday’s POC of
[09:10] Srini A : 8216
[09:10] Shai : yes friday POC
[09:10] Srini A : Ok
[09:11] Dharamveer : GM Friends
[09:11] Manoj : that day on friday who was shared the links thru email some stuff on MP ???
[09:13] Shai : TVS 254-261 still a res band
[09:13] Shai : not a clean breakout till we cross abv
[09:14] Sumit : GM everyone
[09:15] Manoj : nf again in disc
[09:16] Dharamveer : @Manoj it was me
[09:16] Moses : GM All
[09:17] Manoj : yaar dharamveer bhai it was dope i just loved it could not digest full but its Bible for any one who is starting to learn MP
[09:17] Dharamveer : guys anyone in teh romm has idea if there is any indicator like orderflowanalytics
[09:18] r m : not an indicator but a system, the order flow here also should come under that only
[09:18] Dharamveer : yes rm but did you look at teh bootcamp of orderflowanalytics it is really awesome
[09:19] Dharamveer : wish we can have something like that
[09:19] Dharamveer : @Manoj yes we really need to go slow with it to digest
[09:19] r m : ok, I did not download that, don’t want to burden my peanut sized brain too much 🙂
[09:20] Dharamveer : but you should have tried Rm its really simple
[09:20] VR : fundhouseindia@gmail.com is your email Dharamveer?
[09:20] r m : ok
[09:20] Dharamveer : rrl like you learning will help people like us
[09:21] Dharamveer : res vr
[09:21] Manoj : i could only read first few pages of MOM and listen video but now i made a scddule
[09:21] Sreedhar : Good morning all.
[09:21] VR : sending you email, pl share with me as well. Thanks.
[09:21] r m : @Dharamveer, Shai s a champ here, he introduced us to order flow analytics in 2011 when nobody here knew about it 🙂
[09:22] Dharamveer : i suggest finish the first 60 pages of MoM and look into MIP and finish balance mom and then look into FOV
[09:22] Manoj : littreally A true KILLER stuff dont have words to discribe
[09:22] Dharamveer : shai do you have the indicator of orderflow analytics
[09:23] Tejpreet : GM All.
[09:24] Soumya : shai can you please check arvind once
[09:24] Dharamveer : @Shai didnt the volume go down on creating higher value
[09:24] Manoj : shai sir any view on pnb for intraday
[09:24] Varun : shai do we have single prints at 8275 types
[09:25] r m : looks like an open drive so far?
[09:25] Srini A : Bank Nifty seems to be Open Drive
[09:26] Soumya : @dharamveer what is FOV?
[09:26] Shai : yes BNF a drive up
[09:26] Dharamveer : field of vision
[09:26] Venkatesan : HI VARUN
[09:26] Shai : Dharamveer -NO I dont have it
[09:27] Varun : good morrning
[09:27] Dharamveer : what is the skyblue line in 5 min chart in first chart in every 5 min candle
[09:27] Kathir : @RM how was FII data last week esp thur fri?
[09:28] r m : mixed, as it usually is near expiry
[09:28] Soumya : thank you
[09:28] Kathir : ok thanks RM
[09:29] Shai : PNB 133 intra day supp
[09:29] Shai : is weak till it is below it
[09:29] Manoj : ok
[09:29] Manoj : thanks
[09:29] Shai : can drop to 130/129.4
[09:29] r m : @Kathir http://vtrender.com/wp-content/uploads/2015/06/fiioi15.png
[09:29] Manoj : lvls r cash or fut
[09:30] r m : cash for all stocks unless specified
[09:31] Manoj : ok thanks
[09:32] RK : GM Shai,RM and all
[09:33] r m : Hi RK
[09:35] Shai : Keep a buy in BNF at 18025 sl of 17980 tgt 18110/ 18180
[09:38] Shai : enter 50% posotion in BNF at 18055 keep 50% for 18025
[09:39] Sreedhar : you mean for 18125 shai..
[09:39] Shai : it was slipping away from 18025
[09:40] r m : NF in Hypo1
[09:41] r m : though sellers still seen at top of bars
[09:41] Shai : 8256 is a big buyer in NF
[09:42] r m : ok, thanks
[09:42] Shai : Buy NF 8275 sl of 8251 tgt 8296/ 8315
[09:44] Shai : BNF slipped away
[09:44] Shai : 18180
[09:45] Tejpreet : RM axis bank running away after you poked it on Friday 🙂
[09:45] Hemant : Buyer meets seller at 8280? Old or new Shai?
[09:45] r m : @Tejpreet, I was only following RK’s guideline to keep an eye on it :
[09:45] r m : 🙂
[09:46] Venkatesan : GM RK
[09:46] Hemant : 8280 is a buyer too 🙂
[09:46] Hemant : ?
[09:46] Shai : ys
[09:47] Hemant : Great
[09:47] RK : GM Venkat
[09:47] Shai : mkts moving quickly
[09:47] Shai : decent vols
[09:47] Tejpreet : @Dharamveer sent you an email with request for link.
[09:47] Hemant : Indeed 🙂
[09:48] r m : PNB seems to be the only bank not going up today!
[09:48] Varun : shai is repairing of an anomaly and not returning from there a sort of reversa; for trend day
[09:49] Manoj : i m holding it since start of dis month frm 136-137 lvl
[09:49] RK : Axis open=low @RM
[09:49] r m : @RK OK
[09:50] Shai : anomaly repair in an existing structure which is strong is a great positive
[09:50] Varun : yup
[09:50] Shai : contexy for anomaly reapir is the prevailing auction
[09:51] Varun : cn u explain the second bit
[09:51] Varun : like we repaired 8275, bullish ?
[09:52] Shai : NO – anomaly repair stronger when the TF is lesser
[09:52] Shai : that was I thnk 02 june
[09:52] Varun : ya
[09:52] Varun : but we crossed singles of a trend day along side
[09:53] Shai : If today we are having a up day and leave anomaly which gets repaired tom it is a confirmation of a strong move
[09:53] Varun : ok
[09:53] Varun : and crossing of singles?
[09:53] Shai : that is a bigger positive
[09:53] Shai : repair of singles is a new trend
[09:54] Shai : BNF may be done here at 18180
[09:54] Varun : if we see this http://vtrender.com/levels-and-plan-for-3rd-june/
[09:54] Shai : If any one got long near 18060 it is time to book
[09:54] Varun : we should be on for 8395 types
[09:55] Varun : ?
[09:55] Shai : Yes I was looking at 02 june profile
[09:56] Shai : somehwere near 8350- 8366 is the LVN
[09:56] Varun : ya a small one
[09:56] Varun : but still thr
[09:56] Shai : yes
[09:57] Varun : but having crossed the first one, second one abit easy
[09:57] Varun : lets ssee
[09:57] Shai : if we cross that we will reapir singles uptp 8434
[09:57] Shai : 8442 is also vpoc from 01/06
[09:57] Varun : 2 resistance near by
[09:57] Shai : first point is still 8350/ 8366
[09:59] Shai : this chart from 02 JUne- http://vtrender.com/wp-content/uploads/2015/06/Nf_compo1-dt.png
[10:00] Shai : BNF marching up also in that fast zone – http://vtrender.com/wp-content/uploads/2015/06/BNF_compo-dt.png
[10:00] Sreedhar : singles meaning single TPO
[10:00] Sreedhar : ?
[10:00] r m : yes, single prints
[10:01] Varun : yes see the profile i put and look at 8275 area on 2nd june
[10:01] Varun : will give u a better picture
[10:01] Sreedhar : ok
[10:01] Shai : true
[10:02] Shai : 8270 ref line now for the day
[10:02] Shai : also vwap
[10:02] Vivek K : shai 8284 is a seller or would it change if chart is refreshed? can u check pls
[10:02] Shai : We can add above 8298 for 8315 later after IBH
[10:03] Varun : in this enitre rally mrkt has done an ib and halted the enitre day over thr, doing a falied ib around 2-2.30
[10:03] Varun : and closing neutral or neutral extreme
[10:03] Shai : A word of caution for the FP charts in expiry week- Most big numbers are rollovers so you may get a variation in numbers
[10:04] Shai : most big volumes I meant**
[10:04] Shai : Yes Varun last week was typical d afternoon buyers and close at highs
[10:05] Shai : even friday like that
[10:05] Shai : dip*
[10:06] Varun : cant we have one nice trend day l;)
[10:06] Vikkas C : SHAI any views on tatamotors ?
[10:08] Shai : tata motors will see strength abv 438.2 today
[10:08] Shai : tgt 442.4
[10:08] Shai : intra
[10:08] Shai : 454 is positional obj
[10:08] Varun : twitter tl silent, wither no longs or massive short
[10:09] RK : rally of disbelief is always injurious to mind @Varun 🙂
[10:10] Vikkas C : thanx shai
[10:10] Varun : the afternoon dip everyday made sure shorts stay on
[10:10] Varun : had it been a fast move most would have covered
[10:10] Varun : but everday a 30 point dip gave them hope
[10:11] Varun : we r 360 points up from lows still no hu hallah
[10:11] Varun : very silent move
[10:11] Augustin : @Varun – Struggling upmove?
[10:12] Varun : but price doesnt shot its struggling
[10:12] Varun : ya the scenario shows it is one
[10:12] Varun : and value confirmed it is very bullish
[10:12] Augustin : hmm ok
[10:12] Varun : whenever we dont have over lapping values, its very strong
[10:13] Varun : max i have seen in last 3 months is 2-3 days of non over lapping
[10:13] Varun : this time i think 5th day running
[10:13] Augustin : Ok
[10:13] r m : NF Hypo1 objective at 8296 reachd
[10:14] Shai : NF tgt 1 – we will add fresh lngs now after 10.45 for 8315/ 8346
[10:30] Shai : selling coming in NF abv IBH
[10:30] Shai : but BNF is still strong
[10:32] Shai : stay with existing intra longs in NF- don’t add yet
[10:34] Tejpreet : Shai when you give us cash stocks level do you have access to similar footprints chart like we see on the screen .
[10:37] Varun : @dharamveer can u mail me those 2 videos or if u have a link
[10:37] Varun : thanks
[10:37] Varun : sabharwal.dlf@gmail.com
[10:39] Manoj : if any one can tell me howmuch does it costs avg for an year for mkt delta with order flow footprints inclusive data
[10:41] Shai : No tejpreet footprint is only for intra day
[10:41] Shai : for positionals rely on Volume profile
[10:41] Shai : Manoj – marketdelta.com and esignal.com
[10:42] Tejpreet : Thanks Shai.
[10:44] Shai : add new NF longs 8305 sl fo 8279 tgt 8345 on day
[10:48] Shai : BNF just up and away
[10:48] Shai : 360 done in 90 mins
[10:49] Augustin : @Shai – Trend day?
[10:49] Srini A : Trend day without any dips 🙁
[10:50] Shai : yes
[10:50] Shai : trend day
[10:50] Shai : BNF template is 02 june where it did 1000 points I think
[10:50] Varun : srini dip to buy on trend day comes between 1-2 pm
[10:50] Varun : normally
[10:50] Shai : yes
[10:50] Srini A : Ok Varun. will wat patiently
[10:51] Shai : BNF holds vwap then we will go strongly in by 2 pm
[10:51] Shai : have seen NF do 200 points in last one hour on such days
[10:51] Shai : BNF**
[10:51] r m : @Shai, what can be the intrday target for Axisbank?
[10:52] Shai : 18350 now possible in BNF
[10:52] RK : 575
[10:52] RK : @RM we had a resistance there for Axis..
[10:52] Manoj : any intra lvls 4 icici also pls
[10:52] r m : Thanks RK
[10:52] RK : but we should surpass 575 with ease today 🙂
[10:53] RK : *this week
[10:54] Shai : yes 575 red
[10:54] Shai : res
[10:54] Shai : objective of the breakout at 600 as long as day lows hold
[10:54] r m : Thanks Shai!
[10:57] Manoj : does 315 looks any chance for icici bank shai sir ????
[10:57] Shai : 18130 vwap now in BNF
[10:57] Shai : 18190 IBH
[10:57] Shai : we are confirmaing abv IBH which is a trend day setup
[10:58] Shai : icic may be running into res here at 309.5
[10:59] Shai : but positionally strong abv 306 and likely to do 315 abv 306
[10:59] Shai : buy a dip to 306
[11:00] Manoj : i am holding since 313 want to exit
[11:00] Manoj : i bot some very few @ 308.5
[11:00] Manoj : thanks
[11:00] Shai : sl is 306 for next few days
[11:01] Shai : suggest exit if that breaks
[11:01] Manoj : ok thanks
[11:03] Shai : Buy BNF in 2 parts 18270 and 18200 sl of 18125 on day tgt 18394/ 18460
[11:07] Tejpreet : Shai views on Cipla consolidating for long now on hourly charts.
[11:17] Shai : cpla needs to break past 613.5 and 620 poistionallly
[11:17] Shai : but current vols do not support that
[11:17] Shai : suggest avoid for intra
[11:18] Tejpreet : thanks shai
[11:19] Shai : nse circular revisies both sbin and icici lot sizes
[11:20] Vikkas C : whats the new lot size shai ?
[11:24] Shai : 1000 from 1250
[11:24] Vikkas C : ohh..ok thanx
[11:24] Shai : july series
[11:25] Shai : 18350 by 11.15 : (10:52) Shai :18350 now possible in BNF
[11:28] Varun : shai any indicator whr 15 min starts and ends ?
[11:30] Vivek K : shai any possibility of ktkbank heading higher than 145?
[11:30] Shai : Varun 9.15 onwards every 15
[11:31] Varun : no as in within candle
[11:31] Varun : like in 11.15 did we start at 12725 or 8600 or middle
[11:31] Shai : will have to place it , let me see if I can
[11:32] Varun : would be great, helps in knowing traps
[11:32] Shai : ok
[11:33] Shai : KTK ban good vols seen
[11:34] Shai : 151.6 and 161.8 are the objectivs of this vol
[11:34] Manoj : positional or intraday for ktk
[11:35] Vikkas C : shai views on DLF ?
[11:36] Manoj : i m sorry its up 10& did nt see
[11:36] Shai : Manoj vols looks like OTF or positionals coming in
[11:36] Manoj : ok
[11:38] Shai : dlg range bound still 102- 115 broadly
[11:38] Shai : today’s move is good and dips to 107 if seen are a great buy
[11:39] Vikkas C : OK thanx
[11:39] Shai : can reamin strong till abv 107 all week
[11:39] Vikkas C : gr8 thanx
[11:39] Shai : 112.8/ 114 tgts
[11:39] Vikkas C : ok
[11:46] Varun : whts vwap
[11:47] Shai : 8291
[11:48] Varun : thanks
[11:48] Varun : shai
[11:48] Shai : welcome
[11:48] Shai : almost 12
[11:49] Sreedhar : will the poc also move with moves like this..?
[11:49] Shai : in the next 1.5 hours upto 1.45 pm if we get a dip which holds vwap it is a buy for close at day highs
[11:49] Shai : NO POC does not move on trend days much
[11:49] Shai : but vwap has to keep rising
[11:49] Sreedhar : ok Thanks..
[11:51] John : @Shai,views on kotak bank pls
[12:00] Soumya : shai please give your views on upl
[12:03] Shai : kotak cash good abv 1350 positional now and can do 1392/ 1414
[12:03] Shai : intra day strong abv 1358 and tgt 1389
[12:04] John : Thanks a lot Shai
[12:05] Ravi Chahal : vq
[12:05] Ravi Chahal : vwap for BNF?
[12:06] Shai : UPL positional strong abv 508 still and can run up to 563
[12:06] Shai : intra day dips to 525 are buys tgt 536/ 539
[12:06] Manoj : 18183 wvap
[12:06] Shai : Ravi yes 18190
[12:06] Varun : on alighter side, go off the screen for few mins, come back see the price tick 5 pts higher every time. perfect for atrend day
[12:07] Ravi Chahal : thanks Shai
[12:07] Soumya : Thanks a ton shai
[12:11] Shai : welcome 🙂
[12:14] Sreedhar : Green on top means buyers stuck? Shai..
[12:19] Shai : yes
[12:19] Suyash : banknifty has turned pink. Does this mean the much anticipated afternoon dip is coming?
[12:19] Shai : could be
[12:20] Manoj : if the dipp istill Vwap can we enter buy in nf & bnf both ???
[12:20] Shai : suggest part booking the BNF longs of 18270 at 18340 and waiting for a dip to re buy : (11:03) Shai :Buy BNF in 2 parts 18270 and 18200 sl of 18125 on day tgt 18394/ 18460
[12:21] Shai : also part book NF longs from 8305 near 8325 – (10:44) Shai :add new NF longs 8305 sl fo 8279 tgt 8345 on day
[12:25] VR : we may have a scalping OF trade with 41325 seller at 8318?
[12:27] Shai : not safe
[12:27] RK : Shai DR is in no trade zone or can attempt a short here?
[12:27] Shai : best is to buy dips
[12:28] Shai : dr reddy still not weak till it hols 3396 on intra
[12:29] Shai : yes friday seller is there at 3415 and can be a good short n intra up there
[12:29] RK : below 3396 can we look for 3355?
[12:31] Tejpreet : Shai how do you or rather which chart you use to find this seller at 3415.
[12:31] Shai : yes 3362 and 3344
[12:31] RK : thanks Shai
[12:32] Shai : Tejpreet MP chart will show you single prints at 3415 on fri and today
[12:32] Shai : is responsive selling
[12:33] Tejpreet : But how do we get MP charts for stocks.
[12:33] RK : was biased towards upmove after clearing 3415 above which is not happening..
[12:34] Augustin : @Shai – Today changes of Nifty closing at high?
[12:34] Augustin : chances*
[12:34] Shai : yes Augustin looking at 8349 F
[12:35] Augustin : thanks Shai
[12:36] Manoj : shai i am one of those missed out in nf and bnf cozz of position in stocks which i thankfully covered at cost by avg intraday now i am nill on cash if u feel any re entry pls notify
[12:37] Manoj : nill position and sitting on cash
[12:37] Shai : Tejpreet – http://screencast.com/t/O1J8iYM0X
[12:38] Shai : Yes Manoj we have to wait out a dip now till 1.45 to buy again
[12:38] Manoj : ok
[12:38] Sreedhar : Shai 18369 say WK high .. whats that
[12:39] Tejpreet : Thanks for the detailed view but aprt from market delta there is no other way to get mp for cash stocks.
[12:39] Kathir : @Manoj I was thinkin about your bnf long on friday @ 17750 🙂
[12:39] RK : Shai as per that MP chart, If we are holding short, then have to see if we clear that single print high about 3427 if not shorts are hold..right?
[12:39] Sreedhar : weak high?
[12:40] RK : I mean short from Friday
[12:40] Shai : current week’s high
[12:41] RK : at the same time clearing that high lead into those shorts covering?
[12:41] Vikkas C : is the greece deal done ..
[12:42] Vikkas C : surprising to see a strong rally in DAX
[12:44] Vikkas C : price not nrking and soo many sellers ..whats going on shai
[12:44] Vikkas C : *brking
[12:49] Kathir : @shai whats overall delta nf july ?
[12:56] Soumya : weekly update had 8335 as one zone
[12:56] Soumya : today’s high till now is 8335
[13:02] r m : it is at 8340 spot resistance
[13:10] Kathir : test
[13:15] Soumya : shai – just one more stock – could you please check biocon – it is looking really intersting from my sytem
[13:16] Shai : Soumya pls feel free to ask as many as u want
[13:16] Soumya : thank you brother 😛
[13:17] RK : On a trend day Shai feels bored..so better to shoot many queries to keep him busy 🙂
[13:17] Soumya : Shai are you from Mumbai?
[13:18] Kathir : PUNE
[13:18] VR : I guess many are building shorts because hourly charts looks quite stretched as per indicators
[13:18] Shai : biocon tryinga break abv 472 but vols ot supportin it yet
[13:18] Shai : regradless it is a good abv 464
[13:19] Shai : and dips to 464 are buys with stops below 445
[13:19] Shai : 486 can come back in next 1- 2 weeks
[13:20] Srini A : Hi Shai, Your view on SBI? Have entered it since it broke out above 260
[13:20] Ashish : Shai, USD/INR levels please.
[13:20] Soumya : thanks a lot Shai
[13:22] Dharamveer : wwhy is the delta so negative in teh 15 min chart
[13:22] Shai : sbin will face minor res near 266.5 today
[13:22] Shai : if it closes abv that it is good for a short covering drive to 283
[13:22] Shai : positional play
[13:22] Vikkas C : shai hows tatasteel looking here on ?
[13:23] Srini A : Thanks Shai
[13:23] Shai : Dharamveer rollovers also- July is positive and is the place where longs are building
[13:25] Shai : @ Kathir we have stopped looking at overall delta these days as the timeftrames are mixed frrom 30 mins to 30 days in that chart
[13:25] Dharamveer : ok thanks shai
[13:26] r m : nifty spot trying to go above 8340
[13:26] Shai : tata settel 312.6 res
[13:26] Shai : could do 328 if crossed
[13:28] Vikkas C : ok thanx shai
[13:33] Venkatesan : thank you shai, rm and friends
[13:33] Ashish : Shai, USD/INR levels please
[13:34] Vikkas C : SHAI VIEWS ON VOLTAS ?
[13:35] Tejpreet : European stocks gone ballistic ….looks like a good closing run for our stocks too hopefully.
[13:36] Shai : Thanks Ashish for the reminder- did miss it
[13:36] Shai : 63.88 broken in F turned the trend down for the settlemnt
[13:36] Shai : intra day has to break below 63.50 for more weakness
[13:36] Shai : see res at 63.74 now
[13:36] Shai : all F
[13:37] Ashish : Thanks Shai
[13:37] Shai : for the expiry 63.90 res and 63.35 supp
[13:37] Ashish : OK, thanks
[13:39] Shai : Voltas good vols came at 305 last month and we have a base formation here
[13:40] VR : Outlook : ( expiry looks settled between 8334 to 8130 with a possibility of a run to 8450 depending on the reaction near 8335
[13:40] Shai : tgt of this consolidation is 374 and 390
[13:40] VR : Shai can you pl elaborate on outlook
[13:40] Vikkas C : thanx shai
[13:41] VR : it reads as next level of 8450 should VPOC taken out
[13:41] Shai : VR if we open abv 8335 spot tom short covering can push it to 8440/ 8458
[13:42] Shai : Today’s open is a drive and when that happens it changes things
[13:42] Manoj : no intra dipp i guess in nifty
[13:42] Shai : we will wait for one more open to confirm that second view of run to 8440
[13:42] Shai : advice to trade that with 8500 July calls
[13:45] VR : Thanks Shai
[13:45] VR : BNF +520 intra
[13:46] VR : how is the profile template you were talking about looking Shai.
[13:47] Shai : looking good for close higher
[13:48] Shai : only problem is the expected dip has not come
[13:48] Manoj : shai any re-entry do u feel ???
[13:48] Manoj : i missed the bus
[13:48] Shai : but shorts have come at higher levels which means if they cover we run up even higher
[13:48] Shai : Go part long abv 8351 now
[13:49] Manoj : ok
[13:49] Shai : I’m waiting to add myself
[13:49] Shai : will update
[13:49] Manoj : thanks
[13:50] Shai : tgt si 8402
[13:50] Shai : add abv 8367 if no dip comes
[13:50] Tejpreet : Shai since the dip has not come can scalp trade be done in NF for the dip by shorting with sl around 8365 as we are at lvn .
[13:51] VR : #) New pull back high is at 8359 and resistance for coming sessions
[13:51] VR : from daily notes
[13:51] Shai : Tejpreet let it break 8341 now
[13:52] Shai : for short scalp
[13:52] Tejpreet : Ok.Thanks.
[13:52] Shai : price is not shoiwng weakness
[13:53] Sandeep : nf at premium from discount , what does it signify Shai ?
[13:53] RK : Shai DR now bullish above that singles?
[13:55] Varun : stay calm and sit tight its a trend day
[13:55] Varun : 🙂
[13:55] Varun : qutub minar profile
[13:55] Vikkas C : shai ..chk voltas..jus zoomed off
[13:56] Vikkas C : 352.70 futures
[13:56] Sandeep : what will be the height of this Qutub Minar , Varun ?
[13:56] Varun : y waste time guessin tht
[13:56] Varun : play till it lasts
[13:57] Vikkas C : axis bank stuck at this price since 45 mins ..??
[13:57] Varun : small single area arnd 65, lets analyse thr wht happns
[13:57] Sandeep : and a break below vwap confirms that ?
[13:57] Vivek K : these reds could well be greens in july nifty due to rollovers
[13:57] r m : very difficult to do when one booked profit at IBH and has no positions 🙂
[13:58] Varun : once it cleared 8275 singles, it was in safe hands, then we developed value outside ib, didnt even reneter ib for a second
[13:58] RK : Vikkas it stuck at 545-555 for many days and now moved 20 in a single session..let it take some breathe 🙂
[13:59] r m : sitting tight I mean!
[13:59] Varun : lol
[13:59] Shai : Buy NF again abv 8367 tgt 8402 and 8434 sl of 8341
[14:00] Manoj : i am already long @ 8349 when u told buy abv 8351
[14:01] r m : @RK, Axisbank getting discouragement from 875!
[14:01] RK : ok RM
[14:02] Varun : dalton says in avideo, 9/10 times these qutub minars are repaired after we get a balance
[14:02] r m : 575 🙂
[14:02] Varun : be on any side
[14:03] Shai : stay long as it is a trend day and 98% close at highs possible
[14:04] Shai : further big move on cross of that previous pull back high zone- 8359 and 8365
[14:04] Shai : hence new longs to be added abv that
[14:05] r m : so if one should not despair if not got the tender of Qutb construction, apply for repair tender 🙂
[14:05] Varun : only after a balance day
[14:05] Varun : like for today at top of profile if we get a balance day, menas distribution
[14:06] Varun : and vioce for accumalation
[14:06] Varun : vice v
[14:06] Varun : whts vwap
[14:06] Varun : dip is here
[14:06] r m : point noted 🙂
[14:07] Varun : whts vwap
[14:08] Varun : lets see if 43275 gets an exit or not
[14:08] r m : 8308
[14:08] Varun : oh thts far
[14:09] r m : 18223
[14:16] Vikkas C : LICHSGFIN has gone bonkers ..damnnnn wat a rally
[14:21] Varun : big buyers at top
[14:21] Varun : nt good if nt crossed
[14:22] Varun : shld break highs else cld be trapped
[14:22] Manoj : i addaded some more longs at 8339 nw i hv avg of 8344
[14:24] Tejpreet : Shai prices hovering around LVN 8349 ,shouldnt tey move awy fast from lvn.
[14:24] Tejpreet : they
[14:29] Shai : yes they should except out LVN levels are weekly and therefore will take more ime
[14:29] Shai : time*
[14:29] Shai : intra dayer stronger today against a weekly player
[14:29] Tejpreet : oops ..ok i tght they were daily.Thanks.
[14:29] Varun : gr8 strength
[14:30] Shai : No we add new volumes every Mon morning of the week gone by
[14:30] RK : this is very important today (13:48) Shai :but shorts have come at higher levels which means if they cover we run up even higher
[14:30] Shai : and they will stay untill friday
[14:32] Sandeep : Shai Nf shifting from discount to premium, whats the significance
[14:32] Manoj : so no add abv 8367 shai ????
[14:32] Shai : Sandeep not much in expiry week
[14:32] Shai : yes that is there add abv 8267
[14:32] Shai : 8367
[14:32] Sandeep : okay but what if its not an expiry week
[14:32] Manoj : ok
[14:33] Shai : (13:59) Shai :Buy NF again abv 8367 tgt 8402 and 8434 sl of 8341
[14:36] Hemant : Shai, volumes are red, what does it indicate here?
[14:37] Manoj : enter ??? 8368
[14:37] Manoj : hemant bhai these red could be green in july
[14:37] Manoj : rollover i guess
[14:37] Shai : Sandeep it is a big study based on cost of carry and dvidends etc
[14:37] Hemant : I hope some, just waiting for conf on buy NF call
[14:37] Shai : May not be very helpful in ithe index
[14:38] Sandeep : okay thanks
[14:38] Shai : but institutions take offsetting positions in expiry week based on premiums/ discounts on stcks knowing that on expiry day it will be 0
[14:38] Manoj : shai sir enter 8364 nw ???
[14:38] Shai : so that is the big trade on prem/ disc
[14:39] Shai : can be weell traded if yu have stocks in demat and can do futures against it
[14:39] Shai : yes Manoj
[14:39] Manoj : gr8
[14:42] Tejpreet : Shai views on close , should longs be carried over incase of spot close above 8365 or book at close and wait for Greece to play out.
[14:42] Shai : book at close
[14:43] Tejpreet : great.
[14:44] Hemant : Weekly high done! Well done Shai 🙂
[14:47] Shailesh : 200 dma broken with volumes…
[14:54] Manoj : please not now that much awaited dipp of vwap
[14:58] Shai : one last ush needed
[14:58] Shai : BNf has gone quiet after hitting 18390
[14:59] Manoj : koi maro nf ko upar dhakka
[15:00] Tejpreet : Mmanoj that 22875 trying 🙂
[15:00] Tejpreet : Manoj
[15:00] Manoj : yes
[15:01] Manoj : i want 8388 bus i will b done
[15:01] Manoj : b4 3.14 pm
[15:01] Sreedhar : 8402 target
[15:07] Vikkas C : shai can 8300pe be bought for expiry play ?
[15:14] Shai : Ok Vikkas small qty
[15:15] Shai : We have to exit NF here
[15:15] Shai : last rise not coming today
[15:15] Suyash : banknifty has a p shaped profile which means short covering right?
[15:15] Suyash : Not a pure trend day in it
[15:15] Shai : maybe cos of expiry week that last move not happened
[15:15] Shai : yes not a perfect one
[15:15] Shai : that dip is missing and close not coming near the extreme
[15:16] Suyash : yes
[15:16] Vivek K : shai sir, ust a clarification, is it that the red deltas here in june could be green delta in july futures?
[15:16] Tejpreet : Shai lupin short for expiry view.
[15:17] Shai : July deltas along side now
[15:17] Hemant : BTST Shai?
[15:17] Shai : in place of MP charts
[15:17] Shai : yes quite a bit of green in july
[15:17] Vivek K : but 14l red delta in total today in june. how to interpret this?
[15:19] Shai : Lupin 1763 tgt
[15:19] Shai : sl just few points abv today highs
[15:19] Shai : cash
[15:19] Shai : Ignore the net delta of day fig
[15:20] Porus : @shai, the tot delta in july is not showing.
[15:20] Tejpreet : Thanks Shai.
[15:20] Shai : it is mae by players using different timeframes and is not to be judged against a day
[15:20] Vivek K : funny thing is that the main leader of this rally motabhai is seeing weak rollover spreads
[15:20] Shai : we belive more in volume at price – across price bars
[15:21] Sandeep : Shai can NF longs be carried for tomorrow
[15:21] Shai : Porus up now
[15:21] Shai : No sandeep
[15:21] Shai : don’t carry
[15:22] Porus : Shai, bnf rollover to be read as rolloer of shorts?
[15:24] Varun : after crossing singles at 65 not closing above it
[15:24] Shai : No Porus
[15:25] Shai : short covering at lows visible
[15:25] Varun : infact closing below shai’s lvn sd
[15:25] Varun : i think ib r/e of tmrw will tell whether we go up or halt
[15:25] Shai : 8312 is the VPOC
[15:25] Shai : to be tested tomorrow
[15:26] Shai : if held longs are good
[15:26] Varun : is vwap also thr
[15:26] Shai : vwap 8320
[15:26] r m : ys
[15:26] Shai : almost equal vol at 8348 also as 8312
[15:26] Varun : shai till thursday can we have profile after every half an hour as announcement
[15:27] Varun : for ref
[15:27] Shai : profile as in?
[15:27] Varun : the profile developement third graph
[15:27] Varun : as nw we have 2 fp
[15:28] Shai : sure
[15:28] Shai : will squeeze the profile graph in for tom
[15:28] Varun : oh gr8
[15:28] Shai : all the numbers mean stuff only with the graph
[15:29] Manoj : bye all
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Shai : 8355 close
[15:30] Shai : Bye all
[15:30] Moses : Bye all
[15:30] Shailesh : bye all
[15:30] John : bye all
[15:30] Shai : Have a nice evening
[15:30] Suyash : bye all
[15:30] Tejpreet : Bye All.
[15:30] Porus : bye all
[15:30] Vikkas C : bye all
[15:30] Hemant : Bye folks, see ya’ll tomorrow
[15:30] Vivek K : bye all
[15:31] Srini A : Bye All