OrderFlow charts and Notes 22/09/15

[09:04]   Shai : (08:47) r m:Banknifty SEP Future levels | KRA 17290 | Hypo1 above 17576➜17692 SL 17466 | Hypo2 below 17429➜17292 SL 1753
(08:46) r m:http://vtrender.com/levels-and-plan-for-22nd-sept-2/
(08:47) r m:http://vtrender.com/orderflow-charts-and-notes-210915/
(08:47) r m:http://vtrender.com/consolidated-orderflow-210915/
(08:47) r m:Nifty SEP Future levels | KRA 7920 | Hypo1 above 8015➜8046➜8082 SL 7975 | Hypo2 below 7954➜7924➜7850 SL 7995

[10:48]   Shai : (10:48) Shai :weekly call : Buy 8100 ce Oct 118- 122 sl of 83 tgt 170- hold period till Fri- Mon

[11:07]   Shai : (11:07) Shai :Buy BNF 17560 sl of 17510 tgt 17612/ 17640

[12:27]   Shai : (12:27) Shai :Hold the BNF longs with 17499 sl – there are buyers aresponding at lows

[12:49]   Shai : (12:48) Shai :BNF stopped

[13:30]   Shai : (13:30) Shai :Sell BNF 17380 sl of 17440 tgt 17295

[13:49]   Shai : (13:49) Shai :BNF tgt 2 is 17190 .

[14:06]   Shai : (14:06) Shai :Enter 8100 ce Oct again at 71 sl of 47 tgt 117/ 150

[14:37]   Shai : (14:37) Shai :Keep an order to sell NF below 7804 sl of 7841 tgt 7760

[15:19]   Shai : (15:19) Shai :close out NF intra day short from 7805 at 7795 here

[08:45]   Moses : GM rm
[08:46]   r m : Good Morning folks!
[08:46]   r m : Hi Moses
[08:46]   Porus : Hi all
[08:46]   r m : http://vtrender.com/levels-and-plan-for-22nd-sept-2/
[08:47]   Girish : GM everyone
[08:47]   r m : http://vtrender.com/orderflow-charts-and-notes-210915/
[08:47]   Shankar : GM RM and all
[08:47]   r m : http://vtrender.com/consolidated-orderflow-210915/
[08:47]   r m : Nifty SEP Future levels | KRA 7920 | Hypo1 above 8015➜8046➜8082 SL 7975 | Hypo2 below 7954➜7924➜7850 SL 7995
[08:47]   r m : Banknifty SEP Future levels | KRA 17290 | Hypo1 above 17576➜17692 SL 17466 | Hypo2 below 17429➜17292 SL 1753
[08:47]   r m : Hi Shankar
[08:56]   Augustin : GM all
[09:01]   Vikkas C : Hi RM Saaaaar
[09:01]   Vikkas C : Gdmrng all
[09:02]   Sankar : GM RM, Shai and everyone 🙂
[09:02]   Kathir : GM Shai RM all friends
[09:03]   Sandeep : gm all
[09:03]   r m : Hi Vikkkas Sir, Kathir 🙂
[09:03]   r m : Hi Sankar 🙂
[09:04]   Shai : GM all
[09:04]   Sankar : Shai is holding KRA at bottom.. B-)
[09:04]   Sankar : GM Shai 🙂
[09:06]   Ashish : GM all
[09:06]   Naveen : Gm all 🙂
[09:08]   Tejpreet : GM All.
[09:08]   Sharad : GM all
[09:10]   RK : GM Shai,RM and all
[09:10]   r m : Hi RK
[09:11]   Santosh : Gm all
[09:16]   Shai : 8010-15 ref line for upsides today
[09:16]   Shai : if we stay below looking for a revisist to yesterday POC
[09:17]   Shai : 7953
[09:18]   Shai : Full day OCT OTF chart next to Sept OTF. in expiry week look for OrderFlow conf in both to allow for rollover effect
[09:19]   Sankar : so, Shai, can take small puts with 8025 as SL?
[09:19]   Shai : 8015 sl
[09:21]   Kathir : NF open = high usd/inr also
[09:22]   RK : NF cleared that open high
[09:22]   Kathir : yes sir
[09:22]   RK : BNF 17643 Friday high..
[09:22]   RK : huge supply ref
[09:24]   Shai : yes same point from 24/08 and 28/08
[09:25]   Girish : 17640-17680 zone is a huge resistance zone for BNF.
[09:25]   Shai : 7992 and 17575 have to break for any intra weakess now
[09:27]   Jay null : IT stks looking up today
[09:27]   Anay : GM All
[09:32]   Sam : GM everyone
[09:35]   Aayush : Shall we take 8015 as sl for short to POC?
[09:36]   Shai : yes
[09:40]   Jay null : shai .. wont7985 good support today
[09:41]   Varun : hws the volume shai
[09:41]   Varun : rotational or trending
[09:41]   Shai : vol is rotational kind
[09:41]   Shai : Jay it could- but looking for momentum hence 8015
[09:43]   Varun : thnks
[09:45]   Mukesh : Shai , How Wipro looking from Order flow perspective
[09:46]   Shai : greens in NF
[09:49]   Mohit : Hi Shai & everyone.
[09:49]   Vikkas C : shai oct daily showing a lot off reds today
[09:50]   Varun : shai whts the ref of algo at 9.45
[09:53]   Jay null : TL full of bearish .. + Significant Gann Date tomo..
[09:55]   Shai : HI Mohit
[09:55]   Shai : algo looks like a short placed
[09:55]   Shai : came at vwap
[09:55]   Jay null : mukesh keep eyson hcl tech as well
[09:58]   Mukesh : I will check Jay ..whats your view
[10:01]   Ashish : another algo
[10:02]   r m : Let us play expiry expiry 🙂
[10:02]   r m : tinyurl.com/NiftyExpiryCalc
[10:03]   r m : 7846-8108 spot range as per vix based calculator!
[10:03]   RK : 7846-8108 🙂
[10:03]   Jay null : hcl looking good till 970
[10:03]   r m : http://tinyurl.com/NiftyExpiryCalc
[10:03]   RK : quite close to call RM this time
[10:04]   Tejpreet : Shai how do these algos manage to keep price in range despite huge volume …2 algos and nifty moves by 10 odd points.
[10:04]   RK : 7850 being POC of the month from Shai’s consolidated OF and 8100 being close to Aug VWAP 🙂
[10:04]   r m : @RK, do you know that Shai used to Run an expiry lottery here, Once a lady won the lottery with a prediction within 1-2 points of expiry!!
[10:05]   Mukesh : wow
[10:05]   RK : great
[10:05]   r m : one month free subscription was the prize 🙂
[10:05]   RK : cool 🙂
[10:06]   Kathir : superb 🙂
[10:06]   Rahul P : this look like OTD in making…..
[10:06]   Mukesh : Is this closed now or still running ..Like to Predict
[10:06]   r m : @Mukesh, talking about 2011 🙂
[10:06]   Mukesh : ohh…
[10:07]   Tejpreet : @ Vtrender been around for long …RM when did this journey start.
[10:08]   r m : I boarded the train in late 2010
[10:08]   Tejpreet : Great.
[10:10]   RK : If I was in business I could have also boarded then..but left trading in 2011 and resumed only in late 2014..but still my comments are there in 2010 posts at Vtrender blog..RM was the source for us then for good things 🙂
[10:11]   r m : lol
[10:11]   r m : Everyone else is still in touch except Moh
[10:12]   RK : great!
[10:13]   RK : BNF dips got some buyers in both contracts
[10:13]   RK : NF too
[10:14]   RK : Aug vwap 8050 right?
[10:15]   Shai : aug?
[10:15]   r m : 8287
[10:15]   RK : Yes Shai..
[10:15]   r m : SEP spot vwap is 7829
[10:15]   RK : oh yes..Aug was much higher..thanks
[10:16]   RK : err then in this comment(10:04) RK :7850 being POC of the month from Shai’s consolidated OF and 8100 being close to Aug VWAP 🙂
[10:16]   r m : 🙂
[10:19]   Sankar : I feel so novice reading ur experiences.. 😉
[10:19]   Sankar : all through 2010 to till now, you all have been trading market profile or back then it was different?
[10:20]   RK : Sankar me never opened terminal in between 2011 and 2014..so still a novice..RM is the well experienced 🙂
[10:21]   Rahul P : shai, do we have a confirmation of OTD ?
[10:22]   r m : @Sankar, this site has always been about MP and Volume profile.
[10:23]   Uttam : we have the 80
[10:23]   Sankar : Cool.
[10:23]   Uttam : 80% rule playing in BNF right?
[10:23]   Sankar : I got introduced to MP very recently, and lucky found this group :).
[10:23]   Rahul P : 80% rule in most banking stocks in play
[10:24]   Rahul P : rm, whats your say on OTD in making for today ?
[10:24]   Shai : Rahul not yet a good OTD as vol conf missing still
[10:24]   Rahul P : ok
[10:24]   Shai : plus looking for direction below IBL
[10:24]   Sankar : Shai’s KRA has turned out to be my guardian angel 😉
[10:25]   Shai : 🙂
[10:25]   Shai : It;s imp that area – top of last week consolidaton
[10:26]   Sankar : 🙂
[10:27]   RK : before breaking that KRAs we need some balance as those KRAs are after some nice balance..so not expecting falling knife today 🙂
[10:27]   Jay null : shai .. hows bharat forge looking after recent correction … today short covering or actual buying happ?
[10:27]   RK : Jay its already discussed in stocks tab.
[10:28]   r m : (*** Private to Jay null) (10:05) Ashish :Shai, huge volumes are coming in Bharat forge. Could you please check it (10:13) Shai :bforge – sign of reversal abv 914 (10:14) Shai :could possibly do 985 if amanages to cross over 928
[10:30]   Jay null : thks .. rm .. i am new here .. just want to chk these msg are in different window
[10:30]   r m : tab no 2 Jay
[10:31]   r m : also in stockslevel sheet here
[10:31]   Jay null : ok thks
[10:32]   r m : @Jay, for ease of scrolling thru stocks related msgs are answered in tab 2 chat and stored in stockslevel sheet for refering later
[10:33]   Jay null : ok .. will chk
[10:35]   Vikkas C : shai incase FA in BNF today @ 17485 will be considered only if we cross the IBH
[10:40]   Shai : yes
[10:40]   Uttam : 17555 could be resistance here Shai? YVAH & today’s VWAP, we could go long if sustains above it?
[10:41]   Shai : yes- can
[10:41]   Uttam : thanks Shai but right now BNF also playing out the 80% rule right? so target 17360?
[10:41]   Vikkas C : thanx shai
[10:48]   Shai : weekly call : Buy 8100 ce Oct 118- 122 sl of 83 tgt 170- hold period till Fri- Mon
[10:48]   Sankar : Sweet 🙂
[10:49]   Shai : Vix is down and we can get into options again
[11:03]   RK : http://tradingqna.com/19333/happen-nifty-december-contracts-after-changing-currently
[11:03]   RK : for those who trade in far option contracts..
[11:06]   Vikkas C : shai can we buy NF here
[11:06]   Jay null : mukesh bhai .. hcl tech on move
[11:07]   Shai : Buy BNF 17560 sl of 17510 tgt 17612/ 17640
[11:07]   Shai : Yes Vkkas NF can do 8010 sl of 7975
[11:08]   Vikkas C : ok thanx
[11:20]   Girish : The upmove is very sluggish, Shai ?
[11:25]   Anay : @Shai can you elaborate on calculation of “Finish” value on daily OF?
[11:29]   Jay null : shai .. just to mention friday is holiday .. wrt u r oct 8100 call
[11:33]   Shai : Yes Girish actually mkt is just staying flat for rollovers
[11:33]   Shai : happens on a tuesday
[11:35]   Vikkas C : whatts dull day yet again 🙁
[11:35]   Vikkas C : *whatta
[11:35]   Shai : @Anay delta finish is a pullback to current from last high or lows and gives an idea of where it is w.r.t last high or low
[11:36]   Shai : so if bouncing from lows it will be plus and from highs it will be minus
[11:36]   Shai : Thanks Jay – yes noted
[11:40]   Sankar : next friday too.. Oct is coming.. month of holidays.
[11:41]   Vikkas C : only 2 trading holidays in oct @sankar
[11:41]   Jay null : seems some one writing 8000 straddle ..
[11:43]   Jay null : shai .. rm .. bharat forge crossed 928 … do it 985 today 🙂
[11:44]   Anay : ok thanks
[11:48]   Soumya : 985 today is too much to ask na Jay bhai !! Its a large cap
[11:48]   Hemant : Tab 2 Jay
[11:55]   Vikkas C : global mkts are also soo quite
[11:55]   Vikkas C : whats happening man
[11:57]   Sandeep : NF consecutive red deltas…BNF consecutive green deltas 🙂
[11:59]   Shai : yes but responsve buying from IBL
[11:59]   Shai : once again 8010- 15 supply
[11:59]   Shai : should be a short covering move abv 8015
[11:59]   Aayush : lots of red today as well. rollover?
[12:00]   Vikkas C : max pain any idea where is it for this series ??
[12:01]   Ashish : 7900 Vikas
[12:01]   Vikkas C : ok thanx anay 🙂
[12:01]   Vikkas C : oops ashish 😀
[12:02]   Tejpreet : Ashish it is at 8000 strike as per my data
[12:02]   Ashish : @Tej, what’s the series top and bottom as per your data
[12:03]   Tejpreet : I use traders cockpit …it shows printed 7500 and 8500
[12:04]   Ashish : Let me check max.pain from options oracle
[12:04]   Tejpreet : Sure ..
[12:09]   Sankar : 7950-8000 is the max pain area.
[12:09]   Ashish : Yes TEJ, it is 8000.
[12:09]   Ashish : Sorry Vikas, my excel needs some changes 🙁
[12:09]   Tejpreet : Thanks Ashsish for reconfirming.
[12:11]   Vikkas C : thanx tej and ashish
[12:13]   Rahul P : Shai / rm – can u explain how to recognize the algos….the two we saw in morning today ?
[12:14]   r m : @Rahul, Algos are high volume trades occurring in a very short time span
[12:15]   Porus : Tej, Ashish Max pain is at 7900
[12:16]   Shai : This morning algos could be rollovers
[12:16]   Rahul P : yesterday we saw huge long liquidation from fii as per eod data
[12:17]   Rahul P : shai, rollover doubtful
[12:17]   Jay null : shai can we enter bnifty now with 17510 sl?
[12:19]   r m : @Rahul, FII added more shorts then longs, not exactly long liquidation http://vtrender.com/wp-content/uploads/2015/09/poi14.png
[12:20]   Shai : Jay add abv vwap only
[12:20]   Rahul P : rm, as per OI data it was long liquadation from fii and short cover vy retailers and pro yesterday
[12:21]   Ashish : @Porus, from where you get Max. pain?
[12:21]   Porus : Ashish, I calculate
[12:21]   r m : @Rahul, the table posted above is from OI data only
[12:22]   Ashish : OK Porus, I have also calculated but softwares are showing 8000. better we go with our calculations 😉
[12:24]   Porus : 🙂
[12:25]   Sankar : max pain may change +/- 100 based on the strikes we have included.. can’t be a big variance though :).
[12:25]   Shai : Yeah that table which RM posts is the most accurate 1 as it is contracts based and actual buying / selling . The cash figure based OI staudy often misleads
[12:25]   Shai : study*
[12:26]   Tejpreet : Right Ashish software showing 8000 but on excel sheet 7900:)
[12:26]   Sankar : software/option oracle includes all strikes available in NSE site.
[12:26]   Porus : Sankar, my cal based on all strikes too.
[12:27]   Shai : Hold the BNF longs with 17499 sl – there are buyers aresponding at lows
[12:27]   Ashish : Even my calculation is based on all strikes
[12:27]   Sankar : Ohh.. covering the entire 5000 range and still differing :).
[12:30]   r m : @Sankar, maybe the software missed a comma or semicolon somewhere 😀
[12:30]   Sankar : lol.
[12:30]   Ashish : Rm 🙂
[12:36]   Uttam : BNF revised SL hit
[12:38]   Jay null : bnifty can slide to 17330 below 17480
[12:41]   Rahul P : those reds since last two days and today look like tokri selling
[12:48]   Shai : BNF stopped
[12:49]   Jay null : nifty fresh sellers shai?
[12:50]   Shai : no
[12:50]   Shai : buyers / short covering
[12:51]   Shai : we are getting the orderflow repair donw today
[12:51]   Shankar : BNF good buildup around 17480 Shai?
[12:51]   Jay null : so 793 visit?
[12:52]   Shai : yes BNF also vol spike
[12:55]   Jay null : Shai look forward for 8015?
[12:59]   Aayush : 8000ce & pe(almost) having highest OI. Dull expiry?
[12:59]   Varun : hw r the vol, still rotational ?
[12:59]   Varun : @shai
[13:00]   Shai : Vol has just picked up
[13:01]   Varun : ok vwap sd3 moving 12/15
[13:01]   Rahul P : any level to go short ?
[13:01]   Rahul P : we are already belw yvah
[13:01]   Shai : short below vah add below 55
[13:01]   Varun : nt below vah yet
[13:02]   Shai : 7965 vah
[13:02]   Varun : yes
[13:02]   Varun : we cld reject also from here
[13:02]   Varun : seing vol spike
[13:02]   Varun : imp candle
[13:02]   Varun : supply needs to be cut
[13:03]   RK : and BNF at POC
[13:03]   Varun : but if bnf balance here only today
[13:03]   Varun : i expect a big fall in aday
[13:03]   Varun : balnace at top
[13:03]   Varun : is bad sign
[13:03]   Uttam : 3 days in a row
[13:04]   Uttam : spike coming Varun?
[13:04]   Varun : and more confirmation as we broke upsoide only to be rejected
[13:04]   Varun : spike is a late move
[13:04]   Varun : its only 1 now
[13:04]   Uttam : volume spike i meant
[13:05]   Uttam : in this 5 min candle
[13:05]   Varun : its thr
[13:06]   Shai : below IBL is a n issue for these buyers
[13:07]   Shai : 20 mins now
[13:07]   Varun : any buy abv this abv abl balnce only
[13:10]   Rahul P : crazy battle
[13:18]   Rahul P : @ shai, any target for shorts ?
[13:19]   Shai : 7927
[13:19]   Aayush : shai is it a good place for short or avoid?
[13:19]   Varun : i think shai vwap is a place where high vix mite want to settle at
[13:19]   Varun : and vwap of month arnd 7850, i think
[13:19]   Varun : rite ?
[13:20]   Rahul P : nf hypo coming into play ??
[13:20]   Shai : Aayush not safe nor new shorts as below vwap band
[13:20]   Sandeep : we did 2IB
[13:21]   Sandeep : just
[13:21]   Vikkas C : woah dow -120
[13:23]   Shai : yeah the globe has also slid
[13:25]   Vikkas C : shai the DPOC is not shifting down ..can we see a pull back to vwap
[13:25]   Rahul P : the tokri sellers since last 3 days know something
[13:25]   Rahul P : huge imbalance built
[13:26]   Varun : shai if we clsoe below 17400 in bnf, will the top be excess aftr bal at top
[13:27]   Shai : would still be balancing – we have 2 P profiles in BNF
[13:28]   Varun : ok, we need to go below the stem of p
[13:28]   Sandeep : shai below 7927 – 7850 unhindered ?
[13:28]   Uttam : 80% played out perfectly in BNf & now almost done in NF
[13:28]   Shai : Yes Sandeep could change
[13:30]   Shai : Sell BNF 17380 sl of 17440 tgt 17295
[13:31]   Shai : NF sellers mounting
[13:35]   Jay null : greens coming to defend 7920?
[13:35]   Shai : not as much as earlier at 7966
[13:35]   Shai : can slide below 7920 to 7883
[13:36]   Shai : higher rish short NF below 7919 sl of 7955 tgt 7883/ 7850
[13:36]   Shai : risk*
[13:36]   Uttam : Shai that weekly Oct CE SL needs to be placed in the system right?
[13:37]   Shai : yes
[13:38]   Uttam : thanks
[13:38]   Shai : wheeels coming off in last 45 mins
[13:39]   Uttam : this could be a bad fall getting into expiry Shai?
[13:39]   Shai : yes
[13:39]   Aayush : bt what actually happened that triggered the fall around the globe?
[13:39]   Vikkas C : shai is NF a positional short here
[13:39]   Sandeep : you dont need a reason
[13:39]   Jay null : shai visit 7965 poss?
[13:41]   Shai : NF trending lower from POC break
[13:42]   Shai : NF below 7920 does not have much supp
[13:43]   Shai : BNF shorts can part book
[13:44]   Jay null : BNF 17330 came below 17480
[13:46]   Uttam : for remaining shorts in BNF same SL or revise to cost Shai?
[13:46]   Sankar : Shai, so close below 7920, we can carry puts?
[13:46]   Sankar : or better stay out as its expiry week.
[13:47]   Vikkas C : sellers just not stopping here
[13:47]   Shai : yes
[13:48]   Sankar : Great thanks.
[13:49]   Shai : BNF tgt 2 is 17190 .
[13:49]   Uttam : thanks Shai now SL will be cost?
[13:49]   Shai : yes
[13:50]   Shai : even usdinr at day high
[13:50]   Shai : sudden change of theme in last hour
[13:52]   Hemant : SL hit on that weekly
[13:52]   Shai : 7883- (13:36) Shai :higher rish short NF below 7919 sl of 7955 tgt 7883/ 7850
[13:53]   Shai : Heamnt if you are in don’t exit yet
[13:53]   Uttam : I had put the SL in the system so guess I am out
[13:53]   Shai : I’ll put an alert again to buy that call near 72
[13:54]   Sandeep : oops i too kept sl….got hit on that weekly
[13:54]   Hemant : Ok Shai
[13:54]   Shai : FA is 7850
[13:54]   Hemant : 8000 CE is a lottery? 😛
[13:54]   Jay null : shai nifty buy now?
[13:55]   Uttam : Shai we hold that 8100 CE if not exited?
[13:55]   r m : @Hemant, at this rate even 7900CE will become a lottery soon 😀
[13:55]   Shai : yes
[13:55]   Uttam : ok
[13:55]   Hemant : RM, shubh shubh bolo 🙂
[13:55]   Aayush : is it worth to hold below 7850?
[13:55]   Shai : this is a technical fall on no supp below 7920
[13:55]   Uttam : BNF book out fully or still hold?
[13:56]   Shai : yes book BNF
[13:56]   RK : huge appetite for shorts 🙂
[13:56]   Uttam : done thanks
[13:57]   Shai : Can Book NF also if in- (13:52) Shai :7883- (13:36) Shai :higher rish short NF below 7919 sl of 7955 tgt 7883/ 7850
[13:57]   Jay null : shai fresh long intra?
[13:58]   Suyash : can we play long for 45 degree rule?
[13:58]   Suyash : dPOC is wayy up
[13:58]   Shai : no wait for stability
[13:58]   Tejpreet : NF discount almost hit 20
[13:59]   Jay null : dow -200 dax -185
[14:00]   Shai : FA repaired Intra supp at 7846/ 7816
[14:01]   Hemant : Shai what kind of trade took place at 7874??
[14:01]   Jay null : so back to 7920?
[14:02]   Shai : panic
[14:02]   Shai : 7816 supp on day
[14:03]   Sankar : @Shai don’t want to brag or anything, but damn, u made me so happy today. I bought puts when market was near 8006 with 8015 as SL.
[14:03]   Sankar : Thanks a bunch.
[14:03]   Shai : Nice Sankar
[14:04]   Sankar : I was asking you in morning, is it ok to buy puts.. u said, yes, but keep strict SL of 8015.
[14:04]   r m : risk/reward 9/199 😀
[14:04]   Tejpreet : Wow ….Sankar !
[14:04]   Aayush : great trade sankar ji
[14:04]   RK : Sankar kudos! 🙂
[14:04]   Hemant : Well done Shankar 🙂
[14:04]   Sankar : Thanks :).
[14:04]   Shai : That you held andsat through is bigger- was a slowish morning
[14:04]   Shankar : well done my name sake 😉
[14:05]   Hemant : lol @Shankar
[14:05]   RK : What a vol in last 2 candles!!
[14:05]   r m : @Shankar, that missing <h> did the trick 🙂
[14:05]   Hemant : Is the world coming to an end ?
[14:06]   Shankar : yeah..i think you should change my id RM
[14:06]   Sankar : You said SL 8015.. I thought will close at EOD. honestly didn’t expected this fall.
[14:06]   Sankar : I thought 7920 will give support.
[14:06]   Hemant : Bhagwan Shankar/Sankar to answer 🙂
[14:06]   Shai : Enter 8100 ce Oct again at 71 sl of 47 tgt 117/ 150
[14:07]   Shai : I;m sticking with my weekly view here – hecne the call
[14:10]   Hemant : Low conviction example: bought 8000PE at 47, sold at 67, now its turned into a whale
[14:11]   Sandeep : i bght at 47 sold at 56, again bght at 95 sold at 145
[14:11]   Sandeep : and it touched 200
[14:11]   Shai : first the wheels came off around 12.40 and then the Bus crashed 🙂 – (13:38) Shai :wheeels coming off in last 45 mins
[14:11]   Hemant : Thorn in my sight
[14:12]   Vikkas C : i has bot yesterday @ 70 and sat tight and booked @ 185 😀
[14:12]   r m : @Vikkas, Congrats man 🙂
[14:12]   Vikkas C : thank u RM
[14:13]   Jay null : shai what could be nf sl for u r weekly call?
[14:15]   Shai : below 7760 F roughly
[14:15]   Shai : we may close at lows today so all gains tom only
[14:16]   Sandeep : shai some 7400 pe still holding . book here
[14:16]   Shai : if it wants to give that is
[14:16]   Sandeep : this month
[14:16]   Shai : yes book – vix has started to come down again
[14:16]   Jay null : ok and what close ideal for bulls to be comfortable carrying long today
[14:16]   Shai : abv FA point 7850
[14:17]   Vikkas C : sellers are just not stopping here
[14:18]   RK : they are back after lunch 🙂
[14:18]   r m : 🙂
[14:18]   Vikkas C : RK u saved my arse from getting tanned in DRreddy
[14:18]   Vikkas C : thanx 😀
[14:18]   Aayush : shai any level to short again?
[14:18]   RK : Vikkas am trying hard to save mine..dont know what orders punched and what left :))
[14:18]   Shai : short here sl of 7850 tgt 7760
[14:19]   Vikkas C : 🙁
[14:19]   RK : nope Vikkas all under control.jus kidding 🙂
[14:19]   Vikkas C : 😀 cheers
[14:20]   Hemant : Shai, observed this and also read somewhere, it almost always pays to have puts with strikes slightly above the spot on expiry week open? Are there exceptions?
[14:20]   Vikkas C : shai numbers in the 30 mins chart pls
[14:21]   Varun : shai bnf profile
[14:21]   Varun : not working
[14:21]   Vikkas C : varun u shifted to bnf
[14:21]   Vikkas C : super
[14:22]   Varun : got a signal thr
[14:22]   Varun : in morning
[14:22]   Misaal : 7760 ?
[14:23]   Vikkas C : awesome
[14:27]   Sandeep : bears catching breath
[14:28]   Sandeep : or bulls regrouping tp fight back
[14:29]   Sandeep : great volumes today shai
[14:29]   Sandeep : 176 done
[14:29]   Shai : yes regrouping for now- have been hit with a hammer
[14:29]   Shai : could have been 7925 on screen like yestrday instead of 7825
[14:30]   Shai : Yes Misaal staying below 7850 intra threat of a close at lows hence 7760
[14:30]   RK : not hammer Shai..something else has come in like they say in Hollywood movies:)
[14:30]   Misaal : wow
[14:30]   Shai : haha RK
[14:30]   Sandeep : hulk smash 🙂
[14:31]   Sandeep : rm how do you change your login id
[14:31]   Sandeep : two sandeep here
[14:31]   Sandeep : 🙂
[14:31]   r m : in this room?
[14:31]   Sandeep : yes
[14:31]   RK : hard to believe my longs are 100+ in morning but now shorts are 100+ 🙂
[14:32]   Sandeep : would change mine
[14:32]   r m : whatever you fill in the name field becomes your login id, just log out and enter something else like Arnold Schwarznegger 🙂
[14:32]   Vikkas C : thats the discipline we all need to follow RK
[14:32]   Vikkas C : gr8 gr8 going
[14:32]   Sankar : lol RM 😀
[14:33]   RK : RM why to call Arnold on such a already damaged day 🙂
[14:33]   r m : nobody will dare to duplicate 🙂
[14:33]   RK : lol
[14:34]   Sandeep : lol
[14:35]   RK : Shai so it has been clear now last couple of days upmove despite Red in OF is due to locals..and those sellers below 7850 added again at top and got it back to their region..
[14:35]   Shai : Sandeep the second screen after you imput your ID/ Password allows you to enter a name of your chaoice
[14:35]   Sandeep : okay
[14:36]   Shai : Yes RK and oct did not supp today like y’day
[14:36]   RK : yes..
[14:37]   Shai : Keep an order to sell NF below 7804 sl of 7841 tgt 7760
[14:37]   RK : Krish gone for 8000 PE at 45 in the morning..somebody tell this to Vish.anand and he will become fan of Krish 🙂
[14:37]   Girish : Damn, missed the fall
[14:37]   r m : lol
[14:38]   Rahul P : was telling since morning….huge imbalance built by sellers
[14:41]   RK : another lesson learnt in these 2 days is, when OF is not comfortable or showing mismatch with price, try to reduce position..never experienced such mismatched OF..
[14:42]   Hemant : NF window needs adjusting.. OF out of the windows now 🙂
[14:42]   Sandeep : haha 🙂
[14:42]   r m : 🙂
[14:43]   Hemant : Cant even shoot in the dark
[14:43]   Hemant : Shai having Chai 🙂
[14:43]   RK : below 7800 its not moving
[14:43]   Sandeep : no respite for bulls
[14:43]   Hemant : 7800 is the bottom according to the window
[14:44]   Suyash : shai pls adjust 5 min chart
[14:44]   Sandeep : everything needs to be adjusted today:)
[14:45]   Sandeep : including your trade book
[14:48]   Tejpreet : Looks like we did 7 to 8 ib today….have we done that before:)
[14:48]   Hemant : And we are back in 5 min, window looks alive 🙂
[14:51]   Vivek K : profile looks liek a tapeworm
[14:58]   RK : RM it seems there is a purpose for not officially closing that 7400 PE now 🙂
[14:58]   Varun : shai lower trgts for bnf?
[14:59]   Sandeep : i just closed it today
[14:59]   Shai : 16910 supp
[15:00]   Varun : below 16900, gates for 500
[15:00]   Varun : ?
[15:00]   r m : @RK 🙂
[15:01]   Shai : yes could drop hard
[15:01]   Varun : 🙂
[15:05]   Anay : @Shai current series vwap update please
[15:05]   Vikkas C : @anay its ard 7823
[15:06]   Vikkas C : NF
[15:07]   Shai : 7823 spot also
[15:07]   Shai : there now
[15:08]   Misaal : shai carry nf shorts or close
[15:08]   Hemant : Is there a rate cut around the corner?? Curious..
[15:08]   Rahul P : tmrw vvip china pmi data
[15:08]   Rahul P : may swing mrkts either ways
[15:09]   r m : NF SEP VWAP http://screencast.com/t/OMO1Ca2l59
[15:11]   Shankar : @Shai, if NF doesnt close on days low means further downside possible tomorrow
[15:12]   Shai : Misaal close today near 3.25
[15:12]   Varun : vol profile
[15:12]   Varun : put by rm says below 7800, like below todays low
[15:12]   Varun : 7650 would be cake wlk
[15:13]   Uttam : Shai NF shorts not to be carried?
[15:14]   Shai : Shankar close near day lows is also good enough- mkt may not close at the lowest point everytime
[15:14]   Shai : Rahul reason for the fall is some Chnese govt bond default
[15:15]   Sandeep : and hence may not last long 🙂
[15:15]   Rahul P : i thought it was the volkswagon issue
[15:17]   r m : Every time someone wants to know the reason for market fall, I am forced to quote Lord Tennyson “ours is not to ask why” 🙂
[15:17]   Sandeep : good one rm
[15:17]   r m : That one was for soldiers but we are no less 🙂
[15:18]   Rahul P : but of was screaming since last 3 days to short
[15:18]   Sankar : for me, reason for the fall is KRA broken 😉
[15:18]   RK : Yes in this case, mkt is like wife..just listen and do what it ask you to do..searching reasons sometimes drive your crazy 🙂
[15:18]   r m : lol
[15:18]   Rahul P : GF says more fall tomorrow
[15:18]   RK : *drives you
[15:18]   Sandeep : lol
[15:19]   r m : Sankar has given very good reason 🙂
[15:19]   Vivek K : quote of the series by RK
[15:19]   Naveen : Shai can shorts be carried for tomorrow??
[15:19]   Anay : thanks rm
[15:19]   RK : Sankar yes that KRA was very strong
[15:19]   Shai : close out NF intra day short from 7805 at 7795 here
[15:19]   Sankar : RK, good one 🙂
[15:19]   RK : Vivek cant see much now a days? 🙂
[15:20]   Uttam : thanks Shai
[15:20]   Shai : Naveen suggesting not to carry
[15:20]   Naveen : ok Shai
[15:20]   RK : Anay Shemitah gang seems arriving in Indian railways..too late 🙂
[15:20]   Shai : for thse who want a lottery 7900 ce is at 19- No sl
[15:20]   Rahul P : any reason shai ?
[15:20]   Naveen : closed out all
[15:21]   Anay : lol RK
[15:22]   Shai : Rahul morning sellers are covering in OF – nothing agressive below 7850 for now
[15:22]   Shai : if we climb abv 7850 F tom we see anoher quick 70 points to 7920
[15:22]   Sandeep : rather buy 7800ce shai at 51
[15:22]   Sandeep : ?
[15:23]   Shai : No price conf Sandeep and risk of 19 is ok
[15:23]   Shai : can do the 7800 ce on morning orderflow conf
[15:23]   Sandeep : okay
[15:26]   Shai : 7765 supp tom
[15:26]   Shai : if that breaks then a 200 point fall
[15:26]   Uttam : whoaa…
[15:27]   Shai : well another 200 point fall 🙂
[15:27]   Sandeep : whoosh
[15:27]   Shai : we saw 235 today
[15:27]   Sandeep : should not have covered that 7400pe today
[15:28]   Shai : cose at lows
[15:28]   Rahul P : buying some nf ok ??
[15:28]   Shai : strict sl of 7765
[15:28]   Rahul P : small qty
[15:29]   Shai : yeah we should boucne to 7815/ 7850 holding 7765 at open tom
[15:29]   Rahul P : again poor low formed
[15:29]   Uttam : The 8100CE SL also needs to be placed in the system tom @ open?
[15:29]   Rahul P : not a good sign
[15:29]   Shai : will update Uttam
[15:30]   Uttam : done Shai
[15:30]   Shai : Bye all
[15:30]   Sankar : Bye Shai. Bye all :).
[15:30]   Vikkas C : thanx and bye all
[15:30]   Shai : Have a good evening
[15:30]   Rahul P : bye
[15:30]   Ashish : Thanks and bye all
[15:30]   Tejpreet : Bye All
[15:30]   Uttam : Have a good evening all 🙂
[15:30]   Shankar : bye all
[15:30]   Moses : Bye All
[15:30]   Porus : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Sandeep : bye all
[15:30]   Srini A : Bye All
[15:32]   Mukesh : have a great day ahead