OrderFlow charts and Notes 23/10/15

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Bnf_Tick Footprint_5_Bnf Footprint_5_Nf Nf_Tick

 

 

Get Image Orderflow Charts And Notes 23/10/15

History of room Announcements

Room Name: Vtrender
Date and Time: October 23, 2015 09:02:59

[09:06]   Shai : (08:34) r m:http://vtrender.com/levels-and-plan-for-23rd-oct/
(08:34) r m:http://vtrender.com/orderflow-charts-and-notes-211015/
(08:34) r m:Nifty OCT Future levels | KRA 8320 | Hypo1 above 8289➜8317 SL 8250 | Hypo2 below 8233➜8204➜8160 SL 8261
(08:34) r m:Banknifty OCT Future levels | KRA 17820 | Hypo1 above 17820➜17943➜18150 SL 17715 | Hypo2 below 17580➜17460➜17315 SL 17685

[09:25]   Shai : (09:25) Shai :part book 8300 ce Nov at 188- 190

[09:52]   Shai : (09:52) Shai :Keep an NF buy abv 8334 sl of 8314 tgt 8354/ 8376

[11:56]   Shai : (11:56) Shai :Buy 8300 ce abv 65 sl of 58 and tgt of 72.5/ 77

[12:30]   Shai : (12:30) Shai :Sell BNF below 17888 sl of 17938 tgt 17833

[13:22]   Shai : (13:22) Shai :exit the BNF short trade 17900- 17905 here

[13:36]   Shai : (13:35) Shai :rebuy 8300 ce Nov at 176, sl of 168 tgt 191

[14:39]   Shai : (14:38) Shai :8300 cesl of Nov hit- make an exit

Get Image Orderflow Charts And Notes 23/10/15

General Chat Transcript

Room Name: Vtrender
Date and Time: October 23, 2015 09:02:59

[08:34]   r m : Good Morning folks!
[08:34]   r m : http://vtrender.com/levels-and-plan-for-23rd-oct/
[08:34]   r m : http://vtrender.com/orderflow-charts-and-notes-211015/
[08:34]   r m : http://vtrender.com/consolidated-orderflow-211015/
[08:34]   r m : Nifty OCT Future levels | KRA 8320 | Hypo1 above 8289➜8317 SL 8250 | Hypo2 below 8233➜8204➜8160 SL 8261
[08:34]   r m : Banknifty OCT Future levels | KRA 17820 | Hypo1 above 17820➜17943➜18150 SL 17715 | Hypo2 below 17580➜17460➜17315 SL 17685
[08:37]   r m : Results today – Asian Paints
[08:38]   r m : Results tomorrow – Godrej Consumers, L&T Finance hldng
[08:38]   r m : Rsults on Monday – BHARTIARTL, HDFC, UPL
[08:44]   Anay : GM All
[08:59]   Ashish : GM all
[09:00]   Moses : GM rm,Shai and all
[09:00]   r m : Hi Moses
[09:05]   Shai : gm ALL
[09:07]   Kathir : gm shai RM all friends
[09:08]   r m : Hi Kathir
[09:09]   Shai : Added Nov FP charts to the right of OCT full day charts
[09:09]   Sandeep69 : gm all
[09:11]   Santosh : Gm all
[09:11]   Shai : pre mkt suggesting a strong open maybe away from range
[09:11]   Uttam : GM everyone 🙂
[09:11]   Shai : 8317 and 8288 are supports on gap up- tgt being 8354 and 8376 F abv 8317 supp
[09:12]   Tejpreet : GM All.
[09:12]   Shai : 17830 suppin BNF and can do 17943 if abv that at open – breakout f 17943 is crossed then obj becomes 18150
[09:14]   Sankar : GM RM, Shai and everyone 🙂
[09:15]   r m : Hi Sankar, you can’t stay away from KRA for long 🙂
[09:16]   Uttam : Shai nov 8300 ce part booking to be done?
[09:16]   Sankar : Yup. I was little worried on the CE part taken on wed. But KRA broken in style. Hope we will get one below ;).
[09:17]   Shai : Yes Uttam part book but trail some at cost
[09:17]   Uttam : yes Shai thanks 🙂
[09:17]   Shai : watch BNF @17940
[09:18]   Kathir : @shai is this the level which we should try some pe contra in NF ?
[09:20]   Shai : there are buyers in 8300 pe at this open
[09:21]   Shai : BNF around 17940 region decides the open
[09:21]   Shai : if crssed can push a big round of short covering in NF as well
[09:22]   Kathir : ok
[09:24]   Kathir : @shai 18150 possible today..if so can we buy some ce if 17940 crossed
[09:25]   Shai : part book 8300 ce Nov at 188- 190
[09:26]   Shai : maybe Mon
[09:28]   Kathir : ok thanks
[09:29]   Shai : 8300 pe buyers are still there – can tgt 57 I feel sl of 34
[09:30]   Shai : NF 8317 supp
[09:30]   Sam : GM everyone
[09:36]   Shai : Open has dropped vol after the first 5 mins
[09:36]   Shai : Now an OAOR
[09:45]   RK : GM Shai,RM and all
[09:46]   Kathir : Hi RK 🙂
[09:47]   Hemant : GM folks
[09:47]   RK : Hi Kathir
[09:48]   Kathir : @RK I missed 8300 ce 🙁
[09:49]   RK : Kathir gap up not expected..that’s ok 🙂
[09:50]   Kathir : yeah :0
[09:50]   RK : I was pants in one leg and shorts in other leg # NF long and BNF short 🙂
[09:50]   Kathir : anyhow thanks for updating me RK
[09:50]   RK : Welcome 🙂
[09:50]   Kathir : lol
[09:51]   Mayur : gm all
[09:52]   r m : Hi RK
[09:52]   Shai : Keep an NF buy abv 8334 sl of 8314 tgt 8354/ 8376
[09:54]   Kathir : vix down
[09:55]   Shai : Not enough buyers here i NF bnf at current levels
[09:56]   Shai : BNF 17823 visist is important for the day
[09:56]   Shai : just 2 levels in BNF 17820 and 17940 – allow the mkt 15 points
[09:57]   Shai : but can decide whether we swing up next week or lower
[09:59]   Uttam : Coal India another open drive Shai? good till it stays above 340?
[10:04]   Mayur : shai, nf stopped
[10:05]   Anay : @Mayur the buy was not triggered
[10:06]   Shai : NF is a buy abv
[10:06]   Mayur : ouch.
[10:17]   Shai : IB done – OAOR
[10:18]   Shai : we have reason to hope for a move this afternoon based on the IB/ OAOR
[10:18]   Shai : also friday inventory
[10:18]   Uttam : break of IBH could lead to close @ highs of the day?
[10:18]   Shai : let’s not forget last friday’s 90 mins in NF which set up these levels
[10:18]   Shai : yeah – we are a buy abv IBH in both sl of vwap on day
[10:19]   Uttam : thanks Shai
[10:19]   Uttam : we ccould even place a buy on BNF also above 17950 now that IB is done?
[10:20]   Shai : Not in BNF yet as vol is extremely poor
[10:20]   Uttam : Oh ok
[10:20]   Mayur : bnf is losing premium to spot
[10:21]   Shai : There is a bunch of sellers from wed stuck in BNF over 17750 levels
[10:21]   Shai : current vol of 933K is extremely poor for the IB
[10:21]   RK : present Sir 🙂
[10:21]   Shai : so we have reason to believe that they have still not moved
[10:22]   Shai : Yeah RK some here also
[10:22]   RK : thanks for the company Shai 🙂
[10:22]   Shai : yu wil not see the vwap bands in BNF like these in many many sessions
[10:23]   Shai : still don’t understand what that move below 17750 was in BNF on wed
[10:24]   RK : we had good 200 move below 750..was long and got it shorted below 750
[10:24]   Shai : 17780 was the pull back high of the afternoon that day
[10:24]   RK : Yes
[10:24]   Uttam : Shai you mean VWAP bands are quite close?
[10:25]   RK : and around 17750 only we had breakout also when we came from lows last week
[10:28]   RK : but NF was closing very good on positive territory on Friday..that was strange that both had strong close on opposite direction..
[10:28]   Mayur : can this be a bull trap. as i dont think shorts are covering ?
[10:30]   Mayur : i think shorts will cover around 18000 bnf levels.
[10:35]   Shai : Yeah not yet big greens , but we are abv value and range, so responsse has to be from sellers in the form of big reds else shortcovering in afternoon
[10:35]   Shai : bulls will be happy to keep price near vwap
[10:35]   RK : Bulls have done their job around 8220 twice and they are happy now to take whatever left in table
[10:36]   RK : its Sellers part now else expiry belong to bulls who have been hiding all the way behind those grinders 🙂
[10:37]   r m : must have been ground very fine by now 🙂
[10:37]   Shai : yeah 2 places stand out for me – one was near 8108 last week and 2 was near 8215 twice this week
[10:37]   Shai : heavy program buyers
[10:37]   Mayur : shai, the 10.25 bar shows good red @ day high and volume too
[10:38]   RK : Shai so this week if we close above 8300 then we can see 8500+ numbers in the weekly post 🙂
[10:39]   Shai : :)- I think I had put 8440 expiry in last week’s post I think
[10:39]   r m : yes
[10:40]   RK : Yes
[10:40]   Sankar : Yeah. you mentioned 8440 while taking the call on wed also.
[10:41]   RK : am not talking positionally and not considering next week..I mean weekly close above 8300 means OTF happy about prices scaling up and postionally we can look for 8500 too
[10:41]   RK : *am talking positionally
[10:41]   Sankar : 🙂
[10:41]   RK : curse my spellos 🙂
[10:41]   Sankar : I was wondering, how come thats not positional 😉
[10:42]   RK : 🙂
[10:46]   Shai : Yes Mayur when you see that generally it comes back to vwap
[10:46]   RK : technically speaking, If someone who was short last Friday and didnt cover in that upmove above 8200 is still waiting for his chance to cover..Mkt never went below that Last hour range..If we do not enter into Wed range today, then this is kind of run away mkt from here till expiry ofcourse with grinding 🙂
[10:47]   Mayur : thx shai.
[10:50]   Mayur : can v long bnf with ib low as stop ?
[10:55]   Shai : 17820 is the proper sl on day- Not enough vol is here to make a new BNF position
[10:55]   Shai : stil 23/ 35 either side
[10:55]   Mayur : ok. thx.
[10:57]   Varun : 45 mins more fr a dd else a damp suib
[10:57]   Varun : squib
[11:01]   Varun : shia wht was ur initial trgts for 8300 ce on friday
[11:01]   Varun : shai ?
[11:02]   Uttam : 191 / 218
[11:04]   Varun : 8300 oct
[11:05]   Varun : which on friday 3.25 was exited
[11:06]   Uttam : 56
[11:07]   Varun : thnks
[11:10]   Uttam : 🙂
[11:18]   Uttam : volumes increasing in BNF?
[11:20]   Shai : yeah spike , not an increase
[11:20]   Rahul P : shai, how are the daily volumes ??
[11:20]   OS : Still NO action in NF
[11:21]   RK : Vol better than last 3 days
[11:22]   r m : yes
[11:24]   Shai : Vol in NF is better than te past 5 sessions
[11:24]   Shai : same time of the day
[11:25]   Sankar : then we can guess how worse it is in past 5 sessions same time..
[11:25]   Sankar : 😉
[11:28]   r m : with Vix below 20, it is more of long term investor’s maket now 🙂
[11:28]   r m : buy (or sell) and go to sleep 😀
[11:29]   Sankar : From next year onwards, oct would be vacation month.
[11:30]   Shai : 8297 F is the ref line for shorts today and next week – staying above we can move to 8395/ 8440
[11:30]   Shai : top of the balance zone
[11:30]   Shai : if we break 8397- 8388 zone , then the 8300 pe is a great buy and can double
[11:30]   Sankar : Ok. That gives a high RR trade.
[11:31]   Sankar : u mean 8297-8288 zone?
[11:31]   Shai : yes top of balance of m, t, wed
[11:31]   RK : once that 8200 is surpassed we have been dealing only in upper balance even on micro intra levels..all the dips frrom such balance quickly bounced with tail below with strong buyers..
[11:32]   Sankar : Ok.
[11:32]   RK : so first indication of top done is creating intra balance at lower balance
[11:32]   Shai : Yes RK, the longer TF does not want to be kept out of a bull run
[11:33]   RK : got it Shai
[11:33]   Sankar : Sorry, I am dumb. Can you explain a bit more on that intra balance at lower balance? Tx in advance.
[11:34]   RK : Sankar grinding above prev day value
[11:35]   RK : was the pattern in this slow upmove
[11:35]   Sankar : yes.
[11:35]   RK : and when intra dips happen when price getting into prev day value you get a tail below and rise again to grind again in upper zone
[11:36]   RK : till this pattern goes, I mean you get a dip and trade there down means you are creating balance now below prev day value..that could be first sign of top done
[11:37]   Sankar : Thanks. now got what u mean by intra balance at lower balance.
[11:40]   RK : I think that’s the major diff between other studies and MP..where you go is secondary, but what you do when you get there is primary..this helped me to look at things in a different way after joining Shai 🙂
[11:40]   Sankar : 🙂
[11:49]   Uttam : another volume spike in BNF, volumes getting steady now hitting the blue line last 2 5 min bars
[11:49]   Shai : 8300 pe buyers of the OPen closing postions
[11:50]   Uttam : cool….
[11:51]   Shai : an 8300 ce shoing buying at recent lows
[11:52]   Shai : but heavy selling in 8300 ce at 79
[11:53]   RK : VArun spike at VWAP
[11:56]   Shai : Buy 8300 ce abv 65 sl of 58 and tgt of 72.5/ 77
[11:56]   Shai : again a buy abv- let the mkt come to us
[12:13]   Rahul P : @ varun, your monthly profile chart showing lvn was an epic eye opener….superb chart
[12:14]   Rahul P : 8330 vvip….also 8320 our kra levels
[12:14]   RK : 30 mins 4 points range 🙂
[12:16]   r m : POC/VWAP everything wrapped around Shai’s KRA 🙂
[12:17]   Sankar : Thats not a good sign. 8130 comes before my eyes.
[12:17]   RK : QT too
[12:17]   Sankar : lol 🙂
[12:17]   r m : 🙂
[12:17]   RK : I love to see one algo print here 🙂
[12:18]   RK : by 12.30
[12:18]   Tejpreet : The VPOC for october series is 8185 in NF as per my data , can anyone confirm that.
[12:23]   Shai : 8145 vpoc and 7950 vwap for oct series devloping
[12:24]   Tejpreet : Thanks Shai .
[12:30]   Shai : Sell BNF below 17888 sl of 17938 tgt 17833
[12:45]   Varun : just logged in but was getting ur msgs @rahul @rk
[12:45]   Varun : thanks rahul
[12:45]   Varun : this chart is provided by shai
[12:46]   Varun : i just added info to it
[12:46]   Varun : rk spikes should come after a move of 20/25 points for good results
[12:46]   Varun : profile getting bulky at bottom
[12:46]   RK : You mean for trend continuation
[12:47]   Varun : now upper extension will get rejected cos of a chance of 45 degree
[12:47]   RK : I was expecting a launch for DD so thought that spike might help
[12:47]   Varun : higher chances we will extend on lower side now
[12:47]   Varun : cos poc is like at bottom
[12:48]   Varun : but gap rules says gaps which dnt fill till ib hardly fill
[12:48]   Varun : so all confusion and damp squib its turning out
[12:48]   RK : so all action now centered at <PDH how the auction takes place
[12:49]   Shai : so far the past 2 weeks the movemnt has been through buy at dips than but at highs
[12:49]   Shai : so if any dip comes we have to see if buyers re- emerge
[12:50]   Varun : yes break ib low trap shorts buyers step in at 95
[12:50]   Varun : is one hypo
[12:50]   Varun : othder is extend ib on top and bears under water
[12:50]   Varun : thirs if 95 goes we have an excess at top
[12:50]   Varun : end of rally
[12:51]   RK : again BNF holds key I think
[12:51]   Varun : this 8330/40 is like pivot between the big fall and recovery from bottom
[12:52]   RK : Yes
[13:00]   Mayur : shai, oct 8200 pe could be a good buy here. expiry week ahead. might see expiry at lows.
[13:03]   Uttam : Shai test of 17823 is important for bulls so today if BNF sell is activated, we have to cover it @ 17833 as may reverse from there?
[13:05]   Uttam : volume spike in BNF
[13:08]   Hari : @varun, are these dips short traps?
[13:09]   Uttam : BNF sell activated
[13:10]   Hari : or are we done for the series
[13:10]   Mihir : 8300 CE SL triggered
[13:10]   Shai : Yes uttam test is due
[13:11]   Shai : Yes BNF active sell
[13:11]   Shai : 8300 ce did not activate
[13:11]   Shai : was buy abv*
[13:11]   Naresh : NF gap filled ?
[13:14]   r m : yes
[13:15]   r m : 0.90 point left 🙂
[13:16]   Naresh : tc Rm
[13:16]   Naresh : TX
[13:16]   r m : welcome
[13:17]   r m : Nify spot gap also filled http://screencast.com/t/A8WrQm36Mu3
[13:21]   Sankar : So far looks like a D
[13:22]   Shai : exit the BNF short trade 17900- 17905 here
[13:22]   Shai : trigger not good
[13:23]   Uttam : okies done….the nifty CE is still a buy above 65 right Shai?
[13:24]   Shai : yes
[13:26]   Uttam : thanks
[13:32]   Shai : that sell bar below 17890 did not have any reds hence exit
[13:34]   Anay : @Shai can you shift the 30 min chart a bit to the left plz
[13:34]   Anay : the bars
[13:35]   Anay : Thanks 🙂
[13:35]   Uttam : NF can be abuy here as pink tunrs green & back above IBL
[13:35]   Uttam : move above vwap will be a confirmation?
[13:35]   Shai : rebuy 8300 ce Nov at 176, sl of 168 tgt 191
[13:36]   Uttam : but yes vols are ess
[13:37]   Mayur : shai, any short covering seen in BNF ??
[13:38]   Shai : 17940 still the ref area in BNF
[13:43]   Uttam : short covering can be expected once it sustains above 17950, we could have a move of 200 points like last friday if that happens?
[13:45]   Shai : yeah it will again become a carry for 18150
[13:48]   Uttam : big volumes + greens in bnf?
[13:49]   RK : Uttam shorts covering
[13:49]   RK : final stops would be at 18005+ above that O+H
[13:50]   RK : it will hunt stops till then 🙂
[13:50]   Uttam : oh ok thanks RK that’s why only BNF moving NF not making new highs yet
[13:51]   Varun : (12:50) Varun :yes break ib low trap shorts buyers step in at 95(12:50) Varun :is one hypo
[13:51]   Uttam : that 86625 buyer became white, that indicates short covering is it?
[13:51]   Varun : first hypo with a spike was easy
[13:52]   RK : always
[13:52]   RK : good RR trade that one
[13:52]   Varun : yup
[13:52]   Varun : spike helps in dec making
[13:53]   RK : and another clue there was BNF didnt clear IB and only NF did
[13:53]   Varun : btw i bought bnf fr a trap seller for scalp
[13:53]   RK : *IBL
[13:53]   Varun : at i think 875 trap
[13:53]   Varun : see tht 18050
[13:54]   Varun : i see it
[13:54]   Varun : and jump
[13:54]   RK : cool..missed to notice that 🙂
[13:54]   Varun : bt exited a t vwao 😉
[13:55]   Varun : i toh dnt even scroll down fr bnf
[13:55]   Varun : but when was lookign to buy nf so looked whts thr
[13:55]   Varun : and saw it 😉
[13:55]   RK : 🙂
[13:56]   Shai : adamant seller in BNF
[13:56]   Shai : not willing to give in
[13:57]   Varun : but shai if we stay abv ib high
[13:57]   Varun : he wld be under pressure
[13:57]   Anay : at least ask him to let the bulls take the retail short stops out 😀
[13:57]   RK : We have been looking forward to see 18140 for such a long time but this seller around 18K never allowed us to see 🙂
[13:57]   Varun : he needs to send it back to ib
[13:58]   RK : He shattered my hopes of poceting 1k from RBI day earlier 🙂
[13:58]   RK : *pocketing
[13:59]   RK : we reversed from 17860 on 06th Oct 🙂
[14:00]   Anay : 🙂
[14:01]   RK : and Anay then assured 1000 other side but full of spoil sport since then 🙂
[14:01]   RK : good shuttle service since 06th Oct till now
[14:04]   Varun : shai some new addition in vol pane
[14:04]   Varun : ?
[14:05]   Anay : 🙂
[14:06]   Shai : Yeah RK 18160 is so near yet so far
[14:06]   Shai : NO Varun
[14:06]   Varun : timer
[14:06]   Kiran : 8300CE Nov 7000+ buyer single order
[14:06]   Varun : lol
[14:07]   Varun : u removed it asap
[14:07]   Naresh : hm.. 7000 single order ? is it allowed ?
[14:08]   Shai : buyers are coming at lows again
[14:08]   Shai : in NF
[14:08]   Kathir : @naresh yes max retail can place 10000 nf and 5000 bnf
[14:09]   Naresh : Oh ok . I thought 5k and 2.5k . may be i m not updated . anyway those figs are not required for me 🙂
[14:10]   Kathir : 🙂
[14:10]   Anay : 8270 by close anyone?
[14:12]   Kathir : @RM any views on max quantity order placed by retails..is it fixed or depends on broker
[14:12]   Kathir : single order I mean
[14:13]   r m : @Katir, it is fixed per order i think, not just for retail, let me check if there is any change
[14:13]   Anay : if think it’s 300 lots
[14:13]   Kathir : sure thanks.. the limit I mentioned is for zerodha
[14:13]   Anay : for NF and 400 lots for options currently
[14:14]   Anay : I*
[14:14]   r m : Thanks Anay
[14:14]   Anay : should change once the lot size becomes 75
[14:15]   Kiran : is it just to absorb selling ?
[14:17]   r m : qty freeze size – http://www.nseindia.com/content/fo/qtyfreeze.xls
[14:18]   r m : 5000 qty for BNF and 10000 for NF as of now
[14:18]   r m : 200 and 400 lots
[14:18]   Varun : ib well protected in bnf still
[14:18]   Anay : ok
[14:19]   r m : it is calculated on the last trading day of each month for next month
[14:19]   r m : http://www.nseindia.com/products/content/derivatives/equities/individual_securities.htm
[14:19]   Anay : i see
[14:20]   Rahul P : @ rm, qty have been increased or decreased ??
[14:21]   r m : it is basically worked out at Rs 5 crore contract value per order at the end of the month for nxt month
[14:22]   Hari : @shai, are we in dip buying mode still in NF?
[14:24]   Shai : yes Hari positinal still will be buy dips
[14:25]   Tejpreet : NF and BNF behaving like a married cople both looking opposite sides one abv IBH and the other below IBL 🙂
[14:25]   Tejpreet : *couple
[14:25]   Sankar : lol Tej.
[14:26]   r m : @Tejpreet, yeah, were making P and b till NF decided to look below IBL 🙂
[14:27]   Tejpreet : Maybe the Spike boys can give them the right gidance now 🙂
[14:27]   Varun : ok tej u buy bnf
[14:27]   Varun : ill do nf
[14:27]   Varun : 😉
[14:27]   Tejpreet : Done !
[14:27]   r m : normally spikes are meant to misguide 🙂
[14:28]   Sankar : why did you said 65 for the CE Shai, it is just scared at that number.
[14:30]   r m : 65 is VAH for this week’s value (dvah) I think
[14:31]   RK : If my memory is right, before the fall of 24th Aug, we had all set for big fall on 22n Aug but by close in last 30 min, we had huge spike which pushed many shorts out and then we fell big next day open..we are in that zone now 🙂
[14:32]   Sandeep : shai, exit 8300 ce at 168?
[14:33]   Tejpreet : Varun in BN .
[14:33]   Varun : lol 😉
[14:33]   RK : *21 Aug and not 22nd Aug
[14:35]   Uttam : Shai we can buy 8300 PE above 55 & carry it?
[14:35]   OS : 8300CE BRFEACHED SL
[14:35]   Kathir : oh did 8300 ce went above 65?
[14:36]   Anay : nope
[14:36]   Anay : @OS buy was not triggered
[14:36]   Shai : NF dip buyers are here
[14:36]   Kathir : ok anay thanks..
[14:36]   Uttam : 54k & 42k
[14:36]   Shai : Can tgt 8320 sl of 8283
[14:37]   OS : @Shai you mean NOT to close 8300CE
[14:38]   Shai : 8300 ce sl of Nov hit- make an exit
[14:38]   Sankar : I was hoping KRA would be a support. EOD, KRA looks like resistance 😀
[14:39]   r m : @Sankar, they broke KRA under the cover of darkness (gap up), it retaliated in day light
[14:40]   r m : 🙂
[14:40]   Shai : BNF is weakening
[14:40]   Sankar : 😉
[14:40]   Shai : OS – exit the 8300 ce Nov
[14:41]   Kathir : @anay you are forcing nf to reach your 8270 🙂
[14:41]   Anay : 🙂
[14:42]   Janak : shai a close around 8250 would keep the game open for bears – also the psychological factor of obscenely high lot size in FO would push out retail players?
[14:43]   Anay : will push out 1-2 lot traders I guess. Rest are fine. 🙂
[14:43]   r m : 🙂
[14:44]   Shai : Yeah Janak the 3 lot traders become 1 lot traders- game will remain the same
[14:45]   Mayur : wont work that way as with 1 lot u cant manage exits.
[14:45]   Anay : @RK will need to adjust to the lot size though. e.g. he cannot put 10000 NF order anymore 😀
[14:46]   Kiran : so casino will be truly casino henceforth.
[14:46]   Mayur : either retailers have to increase their risk appetite or trade in cash segment. FO volumes will drop surely
[14:46]   r m : @Mayur, Anay means those at the bottom of ladder will be ticked off, rest will keep climbing 🙂
[14:46]   RK : lol..Anay let it come true and I’ll take you world tour 🙂
[14:46]   r m : lol
[14:46]   Anay : 😀
[14:47]   Mayur : they r anyway at bottom of the ladder. might as well.
[14:47]   Janak : dlf 2000 becomes 5000!
[14:47]   Shai : @Mayur it used to be a 50 lot size and moved to 25 and we dd not see vols increase
[14:47]   Shai : they thought it will bring more people
[14:47]   RK : but on a serious note my little concern is from next week onwards I have increase 3 to 5 X time than current size of NF and BNF as decided to reduce exposure with stocks atleast for Nov expiry 🙂
[14:47]   RK : *have to
[14:48]   Anay : 🙂
[14:48]   Shai : but yeah I don’t know who is doing the thinking, if at all they think this through
[14:48]   RK : feeling bad to leave stocks..
[14:48]   Mayur : ideally ppl should keep exposure value same. lot size becomes irreelevant then.
[14:48]   Anay : @RK welcome to the club 🙂
[14:48]   Anay : you will stop feeling bad soon 😉
[14:49]   r m : lol
[14:49]   Uttam : only whites on NF
[14:49]   Uttam : selling getting absorbed or buying is being met with supply
[14:50]   RK : Anay I have bad judgement problem when trading only indices..but when I carry stocks all through the day/week/month I get a better diretional view based on stocks movement and that actually helps to place myself better with Index even on heavy jolts 🙂
[14:50]   Anay : ok 🙂
[14:50]   Shai : Uttam more agg buyers as delta is green
[14:51]   Uttam : oh ok thanks Shai
[14:51]   RK : anyway change is good and have to accept and move on 🙂
[14:51]   r m : @RK, advantage with indices is that MTM is on one side, with stocks it is always balanced MTM 🙂
[14:51]   Uttam : pink turns to green too
[14:52]   Uttam : Shai in case there is a close above 8320, it would be a carry?
[14:52]   Sankar : Congrats on growing capital RK :).
[14:52]   RK : RM bothway 🙂
[14:52]   r m : 🙂
[14:53]   Sankar : BTW, don’t worry much about *better directional view* on index. most of the time, there is no trend,so no work for us.
[14:53]   Sankar : lol 😀
[14:53]   Kathir : @RM my reding is that Shai’s lottery calls are more active and success fro oct to feb 🙂
[14:54]   RK : Sankar thats where stocks help..though we had grinding with NF, had a good run up with MAruti,Hero,Axis on upside and LT,Asian on downside 🙂
[14:54]   Kathir : @RK TCS upside sir
[14:55]   Sankar : Nice. But how you track so many scripts same time? isn’t it little hard?
[14:55]   RK : TCS, HDFC upside 🙂
[14:55]   Uttam : today could be a 3-1-3 profile on NF?
[14:55]   RK : and BPCL too had some nice 50 up 🙂
[14:56]   Sankar : You are tempting all of us here RK ;).
[14:56]   RK : Sankar chill..had bite dust with BNF 🙂
[14:57]   Sankar : hmm.. 🙁
[14:57]   RK : and DR too beating from up and down..
[14:59]   Sandeep69 : rm if you could help me with vwap of 21st aug
[14:59]   RK : 8257 SAndeep
[14:59]   Uttam : call for spike master Varun please…start your work 😉
[14:59]   Anay : NF dip buyers struggling to bring vwap
[15:00]   Shai : yeah could drop to 8270
[15:00]   Shai : greens are covering now
[15:01]   Janak : test
[15:01]   Rahul P : bulls are making their job diiffcult it seems now
[15:01]   Sandeep69 : rk are you sure about that vwap
[15:02]   Sandeep : shai, 8300 ce/pe strangle sell 50 each how it looks for expiry?
[15:02]   Shai : Rahul looks like profit booking and a stay safe approach
[15:03]   RK : Sandeep yes..Check Shai’s blog post..
[15:03]   Janak : i dont think this new lot size experiment will last more than 3months
[15:03]   Janak : NSE has gone nuts
[15:04]   Anay : it’s SEBI’s move Janak 🙂
[15:04]   Janak : rm saab dlf is my chai-paani man – with closed eyes I earn 2-3k daily there – ab mera kya hoga? 🙂
[15:04]   Janak : oh sebi is alreay n……:-)
[15:05]   r m : It is SEBI move backed by BSE who dont have any trading in futures, NSE protests were ignored by SEBI 🙂
[15:05]   Anay : @Janak chai paani would be replaced by single malt with new lot size 🙂
[15:05]   r m : lol
[15:05]   Janak : that would look like a pint of Irish Guiness anay
[15:06]   Janak : seriously other countries’exchanges keep the mkt open long hours and what not to attract more retail participation – and here?
[15:07]   Uttam : close @ vwap>
[15:07]   Tejpreet : Out of BN plus 15 .
[15:08]   r m : @Janak, you mean there re lots of traders eager to trade futures when cash market not trading?
[15:10]   Tejpreet : One thing is for sure ..option sellers would squeeze out more juice from this increased lot size.
[15:10]   Tejpreet : OTM options will command more premium as retail will chase them now.
[15:11]   Shai : Tejpreet what was the 8300 ce/ pe you gave here a few days back?
[15:12]   Tejpreet : I think combo for 140
[15:12]   Sandeep69 : today its at 100
[15:12]   Shai : right. Thanks
[15:12]   Tejpreet : now it is 80 odd
[15:12]   Janak : rm no but as it is – it is a dull participation so what makes the think now?
[15:12]   Sandeep69 : 96-97 now
[15:12]   r m : MO shrinks to 12
[15:12]   Shai : 8160- 8440 they are looking at besides 8300 fair price
[15:12]   Tejpreet : yes sandeep
[15:12]   Janak : one stock future has a lot size of 39000!!!
[15:13]   Sandeep69 : shai is it good to write 8300 ce and pe for this expiry at 96-97
[15:14]   Naresh : unitech- 67350
[15:14]   Shai : the more correct trade is to do a calendar sell 8300 oct and buy 8300 nov
[15:14]   Shai : wed was the right day for it
[15:15]   Janak : we have a gap up gap down sequence going on since many days – or precisely mkt up and down – so now monday should be down day?
[15:15]   Tejpreet : But Shai even a 8300 call put buy around 90 is good coz we will definitley get 150 point move on one side before expiry 🙂
[15:16]   Tejpreet : Say on Monday morning.
[15:17]   Shai : THat has to decay more
[15:17]   Shai : may be closer to expiry it will be a good buy
[15:17]   Tejpreet : Thanks …yes closer to expiry or closer to vix below 15 !
[15:19]   r m : Theoretical price on Monday Opens should be 60-65 at 8300NF
[15:20]   Naresh : any BNF btst ?
[15:20]   r m : Values are built higher in both NF and BNF
[15:21]   Shai : N Naresh avoiding
[15:21]   Uttam : IBL close in NF & IBH close in BNF 😉
[15:23]   Naresh : Ok
[15:26]   Sandeep69 : low volume day again shai ?
[15:26]   Varun : shai in 8200/8285 zone
[15:26]   Varun : what was the poc
[15:26]   Shai : 8260
[15:26]   Varun : thanks
[15:26]   Varun : so 8260/8190 can be the two imp hvn
[15:26]   Varun : ?
[15:27]   Varun : lower
[15:27]   Janak : one sharp tank towards 8200-8150 will release many trapped bears in next 4 days
[15:27]   Shai : yesh last friday we had a spike from 8170/ 80
[15:27]   Shai : decent close in NF
[15:28]   Mayur : bye all.
[15:29]   r m : Charts declared early weekend 🙂
[15:29]   Tejpreet : 🙂
[15:29]   Uttam : 🙂
[15:29]   Tejpreet : Bye All.
[15:29]   Uttam : last minute spike 😉
[15:29]   Uttam : have a nice weekend all 🙂
[15:30]   RK : thanks and bye all 🙂
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Anay : bye all
[15:30]   Sandeep69 : bye all
[15:30]   Shai : Bye all
[15:31]   Shai : Have a good week end
[15:32]   OS : Thank you all & enjoy the weekend
[15:33]   Moses : Bye All

Get Image Orderflow Charts And Notes 23/10/15

Custom Chat Transcript

Room Name: Vtrender
Date and Time: October 23, 2015 09:02:59

[09:25]   Uttam : Shai AxisBank looking good today?
[09:35]   Shai : yeah good abv 514 with sl of 512 can tgt 521/22
[09:38]   Uttam : thanks Shai
[09:40]   Uttam : strong OD in Cairn Shai? looking good
[09:43]   Gaurav : Shai Arvind looking a buy here?
[09:46]   Shai : yeah cairn is a drive but within the bracket- high of 161.8 is the test of the drive
[09:47]   R Goel : shai view on star plz
[09:47]   Uttam : ok so more upside only once it crosses 162 in cash?
[09:47]   Shai : arvind still that supply of 295 is there – open is not good for buy today
[09:48]   Uttam : Shai SunTV could be still held right though it has had a OH start in cash today @ 391?
[09:49]   Shai : star supp at 1323 for the drive down off open, if it breaks may hit 1302
[09:49]   Shai : for upside has to cross 1337 today then tgt 1352
[09:51]   Ashish : Shai, Zeel can be shorted for 320 levels?
[09:52]   RK : Shai Hdfc move for the week done and any intra day chance do scale above 1345?
[09:52]   RK : *or any
[09:59]   Shai : zeel has intra supp at 430 below that can tgt 426 intra
[09:59]   Uttam : Shai SunTV could be still held right though it has had a OH start in cash today @ 391?
[10:00]   Shai : hdfc 1341 is expected move of the week but may be done here
[10:01]   Uttam : Coal India another open drive Shai? good till it stays above 340?
[10:01]   RK : Thanks Shai
[10:02]   Shai : sun tv upside move for next few sessions may be done
[10:02]   Uttam : oh ok Shai thanks
[10:05]   Shai : coal india not a drive, but good abv 341 for 345/346
[10:05]   Uttam : oh ok thanks Shai
[10:06]   Ashish : Thanks Shai
[10:11]   Soumya : Shai please check torrent.. Fantastic numbers likely.. Anything in charts?
[10:15]   Soumya : Does supply zone still hold? 1590-1610
[10:25]   Shai : when are earnngs?
[10:26]   Soumya : 29th
[10:28]   Shai : torrent good buying from 1550 on good vols
[10:29]   Shai : band is shifted from 1510- 1590 to 1627- 1550 on thos vols
[10:29]   Shai : good close abv 1550 and will remian in Buy
[10:30]   OS : @Shai your views on TCS pls.
[10:30]   Shai : 1800 tgt abv 1627
[10:32]   Shai : tcs supply 2545 – has to cross abv 2545 next week to open up 2633, supp will be near 2495 on postnl
[10:33]   OS : Thank you Shai
[10:40]   Shan : shai what is your views on appollo tyres..?
[10:40]   Shan : can v long if it finds support at 197 ?
[10:44]   Shai : Pleasure OS
[10:44]   Shai : Sahan apollo looking good abv 194 and obj is 202.3
[10:44]   Shai : Shan*
[10:45]   Shan : Thank you shai.. 🙂
[10:45]   Shai : maintain sl of 191
[10:45]   Shan : ok ok
[11:04]   Soumya : thank you brother
[11:11]   Uttam : timely call on SunTv Shai, did make another new high within the IB but that turned out to be a selling tail & now trading well below IBL
[11:20]   RK : Uttam be careful with Suntv moves..its always spikey in nature and move very quickly 10 Rs..Its in my rabbit stock category..jump stay and then jump opposite side 🙂
[11:24]   Uttam : thanks RK 🙂 it was a BO on daily also so had a good trade on wednesday, today’s was just a follow up but still managed to make a profit. First entry was @ 371 which I booked @ 381
[11:25]   Sandeep : shai, your views on adani port positional?
[11:30]   Gaurav : Shai Wipro can be shorted for intra/positional?
[11:32]   Uttam : Shai views on Cipla, holding in cash for 700+ levels, what do i place as my TSL right now @ 669
[11:34]   Sandeep : @shai i mean adani ports positional short
[11:39]   Shai : adani failed at 327 last week and since then has met responsive buying from 309- still weak below 321 this week and intra day below 316.7, supp at 312.7 now
[11:39]   Shai : feel shorts of the open in adani may book once near 312 .7 today
[11:40]   Shai : wipro an intra short for 565, however psitional becomes weak only if we close below 565 tday
[11:40]   Sandeep : thanks shai
[11:41]   Shai : cipla headed for 691 sl of 667 postnl and 677 intra
[11:42]   Uttam : thanks Shai
[11:46]   Soumya : Shai any views on Omkar
[11:46]   Soumya : Positionally how are volumes looking
[11:47]   Shai : omkar good buying volumes from 198 levels – projection was 225 but now immediate upsise id 244 on the vol increase next few sessions
[11:48]   Shai : results today in Omkar?
[11:51]   Soumya : yes
[11:51]   Soumya : should be good
[11:51]   Soumya : i am bullish on nos
[11:52]   Soumya : thank you for buzzing me near 190 again.. had added good qty
[11:52]   Soumya : we are making good profit on it
[11:52]   Soumya : BEPL holding above 23.5
[11:52]   Soumya : Looks like weekly close will be above it
[11:57]   Shai : strong upswing in vols also abv 198 in Omkar- could be a rerating
[12:19]   Soumya : any positional targets?
[12:26]   Shai : 285/ 355
[12:26]   Shai : 180 roughly weekly sl
[12:26]   Shai : should not drop below 160 actually now that vols have shown
[12:32]   Soumya : that is huge..
[12:32]   Soumya : thank you brother
[12:33]   Shan : shai can we take apollo tyre fut as positional.. entered at 197.40
[12:41]   Sandeep : shai, century textile good for shorting here?
[12:45]   Shai : yeah Shan it was not intra day, most levels here have to be carried unless mentioned as intra
[12:47]   Shai : century tex has supp at 542 which is the naomaly
[12:48]   Shai : anomaly*
[12:48]   Shai : this zone 540- 544 has a good supp base and hence be careful
[12:48]   Shai : century
[12:50]   Sandeep : ok thanks shai…will keep a watch
[13:06]   Shan : shai can we take appollo tyress futures for positonal at 197.4 long..
[13:09]   Shai : (12:45) Shai :yeah Shan it was not intra day, most levels here have to be carried unless mentioned as intra
[13:14]   Shan : ok shai.. thanks.. 🙂
[14:09]   Uttam : Shai AxisBank if sustains above 522 could be carried for much higher levels?
[14:22]   Janak : shai tatasteel/hcltech/ktkbank – all sell and STBT?
[14:22]   Janak : futures and ITM puts?
[14:23]   Janak : puts buy
[14:32]   Shai : axis near 522 – book once – take a fresh view on Mon
[14:33]   Shai : yes tata steel headed to 242.6
[14:33]   Shai : hcltech also weak on close below 853
[14:34]   Uttam : thanks Shai
[14:34]   Shai : ktk bank has laready dropped a lot – suggest booking near 124/ 125 is short
[14:36]   Janak : ok shai – Hcltech fell from 871 to 810 two weeks ago – maybe before expiry it will plunge below 800
[14:36]   Janak : look at the pes – so cheap
[14:36]   Janak : ok
[15:16]   Janak : test
[15:16]   Janak : i cant see any other msg here
[15:18]   Uttam : Axis Bank closing @ highs
[15:22]   Shai : @ Janak you can see only current after you logged in- refer to stocklevels sheet in docs folder
[15:23]   Shai : https://docs.google.com/spreadsheets/d/1mkzBzrmxhW14M6yxEUKZL-QJt7ALTICA2fN-kQhPsEw/edit#gid=302327609
[15:23]   Janak : ok