Here is the OrderFlow charts and trades taken in the room today.
History of room Announcements
Date and Time: July 24, 2015 09:14:08
[09:01] Shai : (08:47) r m:http://vtrender.com/levels-and-plan-for-24th-july-2/
(08:47) r m:http://vtrender.com/orderflow-charts-and-notes-230715/
(08:47) r m:Nifty JUL Future levels | Key reference area 8575 | Hypo1 above 8639➜8663➜8725 SL 8591 | Hypo2 below 8568➜8545➜8527 SL 8609
(08:47) r m:Banknifty JUL Future levels | KRA 19000 | Hypo1 above 19001➜19098➜19190 SL 18908 | Hypo2 below 18800➜18654 SL 18906
[10:05] Shai : (10:05) Shai :Buy NF 50% qty here 8588 and 50% abv 8604 tgt 8633 sl below 8568 on trade. will update sl later
[10:14] Shai : (10:14) Shai :We have a poll on – the link needs to be copy/pasted. please review and vote.
[10:16] Shai : (10:16) Shai :link- http://screencast.com/t/GeO9L8Wl
[13:50] Shai : (13:50) Shai :Sell NF for 8545 / 8526 sl of 8581.
[13:55] Shai : (13:54) Shai :cut short the NF short trade here
[14:40] Shai : (14:40) Shai :STBT BNF : Sell BNF at 18750 sl of 18855 tgt 18565
[14:44] Shai : (14:43) Shai :that sl is for monday open
General Chat Transcript
Date and Time: July 24, 2015 09:14:08
[08:46] r m : Good Morning folks!
[08:47] r m : http://vtrender.com/levels-and-plan-for-24th-july-2/
[08:47] Abhishek : gm rm
[08:47] r m : http://vtrender.com/orderflow-charts-and-notes-230715/
[08:47] r m : http://vtrender.com/option-values-dt-230715/
[08:47] r m : Nifty JUL Future levels | Key reference area 8575 | Hypo1 above 8639➜8663➜8725 SL 8591 | Hypo2 below 8568➜8545➜8527 SL 8609
[08:47] r m : Banknifty JUL Future levels | KRA 19000 | Hypo1 above 19001➜19098➜19190 SL 18908 | Hypo2 below 18800➜18654 SL 18906
[08:47] Porus : GM RM and all
[08:48] r m : Hi Abhishek, Porus
[08:55] Vikkas C : GM all
[08:59] r m : Results today – Reliance, Axisbank, BEL, Tataelxsi
[08:59] Tejpreet : GM All.
[09:00] Shai : GM all
[09:03] Srini A : GM All
[09:03] Venkatesan : GM shai,rm and frends
[09:04] Manoj : GM all
[09:04] Manoj : GM rm
[09:04] r m : Hi Venkatesan, Manoj
[09:05] Moses : GM All
[09:06] John : GM all 🙂
[09:08] Manthan : Good mng all
[09:09] Ashish : GM all
[09:09] Sudhakar : GM Shai ,RM &Frnds
[09:10] Shailesh : GM al
[09:10] r m : Hi Sudhakar
[09:10] Shailesh : All
[09:11] Sankar : GM RM, Shai 🙂
[09:11] Rajat : gm frnds
[09:11] r m : Hi Sankar 🙂
[09:12] Sharad : GM all
[09:12] Anand : hello to everyone
[09:13] Kathir : GM Shai RM all friends
[09:13] r m : Hi Kathir
[09:16] Shai : buyers showing up 8575
[09:17] Naveen : gm all 🙂
[09:20] RK : Gm Shai,RM and all
[09:20] Kathir : Hi RK
[09:21] RK : Hi Kathir
[09:21] r m : Hi RK
[09:23] Ashwin : gm friends
[09:27] Shai : NF has t stay abv val to be safe
[09:27] Shai : else these buyers will be forces off
[09:27] RK : and that 8580 buyeer
[09:27] RK : buyer
[09:27] Shai : yes from yesterday
[09:28] RK : whether he adds or liquidates is what looking for
[09:30] Manoj : shai ur view on bnf ???
[09:30] Varun : hi rm
[09:30] Varun : rm cn u post tht profile again frm 16th
[09:30] Mohul : Shai any significance of the narrowing VWAP bands?
[09:30] Shai : BNF weak
[09:30] Manoj : ok
[09:31] Varun : below 8570, awaits a dump
[09:33] Shai : Mohul smaller vols
[09:33] Mohul : ok
[09:34] Shai : open auction below val today
[09:35] Shai : vols are not big and expected to slow down if this range continues
[09:35] Varun : shai hve u noticed these days movement come a bit late
[09:35] Shai : yes
[09:35] Varun : like earlier days when drive used to start at 9.15
[09:35] Varun : thv delayed it till 945-10
[09:36] Shai : saw that in BNF yesterday
[09:36] Shai : was the move at 9.40 which tilted
[09:36] Varun : hmm
[09:38] Varun : till wht time can tht big buyer at 80 hold up @shai
[09:38] Varun : it must be getting heavy
[09:41] Shai : yes he will feel the pressure below val
[09:43] Sandeep null : any trades here
[09:45] Tejpreet : Shai above which lvl will these buyers be safe in NF.
[09:46] Kathir : VAL?
[09:48] Hemant : Shai, what is the support and resistance for 8600 PE?
[09:48] r m : @Shai, just curious if we use 5-10 point range bars instead of 5 minute bars, will we get better view of buyers/sellers at lows/highs?
[09:50] Kathir : @RM previously we had like that right?
[09:51] r m : yes, but we were not using footprints then
[09:52] Kathir : yeah right
[09:54] Shai : Tejpreet POC
[09:54] Shai : RM just indiviidual comfort – vols do not change whichever view you take
[09:54] Tejpreet : Thanks Shai.
[09:55] r m : Thanks Shai
[09:55] Shai : some people feel range is better
[09:56] r m : ok
[09:57] Shai : we can see greens again in the charts
[09:58] Shai : but not of the same big vols as yesterday noon
[09:58] Shai : is also lack of selling below VAL
[09:58] Shai : open auction
[09:58] Shai : allow it time
[10:01] Hemant : Shai, is there a sense of low conviction and hence low volumes? NF
[10:03] Rahul B : rates stoped prob in nse
[10:05] Shai : (10:05) Shai :Buy NF 50% qty here 8588 and 50% abv 8604 tgt 8633 sl below 8568 on trade. will update sl later
[10:06] RK : (10:05) Shai :Buy NF 50% qty here 8588 and 50% abv 8604 tgt 8633 sl below 8568 on trade. will update sl later
[10:06] Shai : go with 50% size here
[10:06] Shai : thanks RK
[10:07] RK : no probs 🙂
[10:14] Shai : We have a poll on – the link needs to be copy/pasted. please review and vote.
[10:15] Sharad : can not copy link
[10:15] RK : Shai is it about viewability of numbers?
[10:16] r m : @Shai, please paste the link here, can’t be copied
[10:16] Sharad : paste link here
[10:16] Venkatesan : shai , how to use the room service in my mobile, i could log in but the room is not visible , except your image
[10:16] Shai : link- http://screencast.com/t/GeO9L8Wl
[10:16] Venkatesan : pl take it lightly
[10:16] Shai : lol
[10:17] Mahipal : footprint daily chart on screen after closing hours, can we save the same for study purpose
[10:17] Shai : allow it a few secs
[10:17] Manoj : pls take my ote as no i voted Yes on poll
[10:17] Sharad : need to see numbers in 5 minutes too
[10:17] Ashish : Mone also shai, i have also voted yes…Please take it as no
[10:18] Ashish : MIne*
[10:18] r m : @Manoj, ask for a repoll 😀
[10:18] John : +1
[10:18] Shai : Mahipal charts are posted immediately on blog ( by 5 pm) . can dowload from there
[10:18] Vikkas C : shai BNF brks IBH
[10:18] Mahipal : ok
[10:19] Varun : shai why nt just add a comparitive vol bar at bottom
[10:19] Varun : or top
[10:20] Varun : like u used to have few months back
[10:20] Varun : the delta doesnt tell us how was the volume in tht 5 min
[10:20] Varun : cos normally reversals happen with spikes
[10:20] Mahipal : footprint chart of 5 minutes can you post on blog what we are observing now with vwap band & other parameters
[10:21] RK : Mahipal its available on the blog..
[10:21] Mahipal : link
[10:21] RK : under premium section
[10:21] Shai : link under announcements
[10:21] Shai : (08:47) r m:http://vtrender.com/orderflow-charts-and-notes-230715/
[10:23] Shai : do you have an option to minimise or close the poll on your screen?
[10:24] Abhishek : yes
[10:24] Santosh : YES
[10:24] Shai : ok- we will keep it up for some time
[10:24] Shai : if you have voted- can close
[10:25] RK : Shai can’t we move into cloud to share your screen and give us permission only to scroll charts right,left,up, down etc ..me a non techy..just a thought 🙂
[10:26] Varun : wht i miss is tht cant have entire days foot print
[10:26] Varun : in middle of the day like around 1
[10:26] Varun : gives a much better picture
[10:26] Tejpreet : Hey RK +1 for the thought.
[10:26] Varun : so will ask shai to post a screen shot
[10:27] RK : exactly my point..we want to know at what time who entered and who made exit means…we cant check now 🙂
[10:27] RK : Tej 🙂
[10:31] Venkatesan : instead of foun windows overlapping , we can have individual windows with full scale from 915 hrs to 330 hrs view, just my view
[10:31] Venkatesan : read as four windows
[10:34] Shai : NF not doing anything
[10:34] Shai : vwap holding it for now
[10:35] Srini A : BNF though has come back to value now
[10:35] r m : OAJOR, new term – Open auction just outside range 🙂
[10:35] Shai : 🙂
[10:36] Vikkas C : yes shai can BNf be bought here ?
[10:36] Srini A : There is a IB range extension as well now
[10:38] Abhishek : axis result today
[10:39] Porus : Shai, bnf value areas on blog seem to be for y’day(ie day before’s). What is val for use today?
[10:40] Porus : *vah?
[10:40] Porus : OK got it on chart left
[10:41] r m : I think that Value Area considered because yesterday was an inside day, just my thought
[10:41] Porus : RM, what we see on screen is diff.
[10:42] Porus : Methinks error…
[10:42] r m : screen gives yesterday’s Value correctly
[10:43] Porus : yes, error in blog..
[10:44] r m : Yes, Porus, i commented about that only, initially i thought that was an error but later convinced myself that being an inside day, overall value mattered more, but need to get Shai’s confirmation on this 🙂
[10:45] Porus : ok
[10:47] Shai : 8634-8604- 8598
[10:47] Porus : shai, bnf…
[10:49] Shai : updated
[10:49] Shai : thanks for ointing tat out
[10:49] Porus : wc
[10:49] Shai : NF- the vwap bands are too compressed
[10:50] Soumya : what does this kind of move indicate brother?
[10:50] Varun : wht hpns in second half under such ref @shai of vwap bands
[10:50] Shai : a big move in afternoon
[10:50] Soumya : Price totally stick to vwap
[10:53] Ravi : reliance results today.. might see a up move?
[10:53] Vikkas C : but thats post mkt hrs ravi
[10:54] Ravi : yup may be in anticipation
[11:01] Soumya : shai microsec ready for nexy upmove?
[11:01] Soumya : next
[11:04] Porus : LS adj to Monday
[11:04] Venkatesan : only to adj to next fut date
[11:06] Venkatesan : can simeone send adobe flash for my mobile 9488018524?
[11:14] Soumya : sorry wrong place
[11:16] r m : (*** Private to Venkatesan ) Try this link http://downloads.tomsguide.com/Flash-Player,0305-33276.html
[11:18] Venkatesan : xcuse me madam and thank you rm , i am not good in tech and i tried but yet to find sol,
[11:18] Venkatesan : thank you rm
[11:27] r m : welcome
[11:27] r m : I think android no longer supports Adobe, you can try if it works
[11:29] Praveen : hi in andrroid download omnovia app
[11:30] Shai : trading room needs a flash player – if the system does not support flash it will not work
[11:30] Venkatesan : mine is window phone let me try again thank you rm,shai and praveen
[11:31] r m : (*** Private to Venkatesan ) @Venkatesan, whom are you addressing as madam? please reply as pm, I should know if any lady is present in the room to keep check on my language 🙂
[11:32] r m : oops, Venkatesan, i sent you the wrong link then, it was for android phone 🙁
[11:32] Venkatesan : I guess ,its soumya , rm
[11:33] r m : Thanks
[11:33] Venkatesan : how wto send pm rm
[11:34] Ravi : for IOS iphone there is an app.. no need to flash
[11:34] Ravi : i use it dauly
[11:34] Ravi : daily
[11:34] Ravi : not sure about Android.. there must be one jus try
[11:34] r m : click on my name in top window you will get option “Private message”
[11:35] Venkatesan : got it thankyou rm
[11:35] Ravi : https://www.omnovia.com/omnovia-web-conference-for-mobile-ios-and-android/
[11:36] r m : @Venkatesan
[11:36] Venkatesan : thank u ravi
[11:37] Ravi : welcome 🙂
[11:48] r m : Ye log D bana ke hi chain lenge 🙂 http://screencast.com/t/nvF20CMqBky
[11:48] r m : These guys won’t rest till they create a good looking D 🙂
[11:49] Varun : rm if u merge today n tmrw
[11:49] Varun : profile
[11:49] Varun : u get a cbell curve
[11:50] Varun : we could be going towrds its poc arnd 8630
[11:50] Varun : abv todays high
[11:50] r m : Thanks Varun
[11:51] Varun : shai needs to coinfirm poc wil be 8604 or 8630 fr composite of tody n tmrw
[11:51] Manoj : varun can we do 18950 abv todays day high???
[11:51] Varun : dnt know manoj
[11:51] Vikkas C : getting ready to say hi to yesterday’s seller @ 8640
[11:51] Varun : ya but abv todays high in bnf, bng scould get a spike
[11:52] Manoj : ok
[11:52] Varun : we cls even do 19025 under 80 % rule
[11:52] Manoj : thanks
[11:55] Varun : add another rule of jungle, dnt short a dull market
[11:56] Varun : i could only motivate u till this point 😉
[11:56] r m : 🙂
[11:56] Rahul B : boring mkt today
[12:00] Abhishek : varun this is good point… never short a dull market
[12:00] Varun : good point is abv 8604 my friend 😉
[12:00] Varun : give me tht point
[12:01] RK : and Shai perfectly locked the low by not triggering hypo short in both index
[12:05] Soumya : haha @varun well said
[12:05] r m : low is in Shai’s control and High is being watched by Varun, how will nifty move? 🙂
[12:07] Abhishek : ha ha definitely… have patience
[12:07] Abhishek : just let us know when to enter
[12:17] Shai : mkt will pick up guys in afternoon
[12:17] Shai : don’t ket your guard down- stay alert
[12:17] Shai : we trade when vwap bands expand in the direction of the expansion
[12:18] Shai : 8568 and 8604
[12:18] Shai : nice RM- (11:48) r m:Ye log D bana ke hi chain lenge 🙂 http://screencast.com/t/nvF20CMqBky
[12:18] Shai : I was just looking at the same
[12:18] r m : Thanks
[12:19] Venkatesan : great people thinks alike
[12:19] Shai : if you ignore that spike it sis a D
[12:19] Shai : just 2 hours ruined it
[12:19] r m : @Venkatesan lol
[12:19] Shai : http://screencast.com/t/erzGXceI
[12:19] Abhishek : thnks shai … ready when u say fingers at B whenever u say
[12:20] Shai : we are in with a 50% position
[12:21] Abhishek : m not yet
[12:21] Abhishek : should i enter 50% here
[12:21] Shai : take it abv 8604
[12:21] RK : Shai why cant it possible that spike seller covered at lows yday at lows again?
[12:23] Shai : http://vtrender.com/wp-content/uploads/2015/07/NF_tick15.png
[12:26] Shai : possible
[12:43] Varun : hve vwap bands expanded
[12:43] Varun : can u chk
[12:43] Porus : chrt stuck
[12:44] r m : vwap bands at standstill
[12:45] Varun : alrite, thanx rm
[12:45] r m : welcome
[12:48] Shai : charts ok?
[12:48] John : yes
[12:48] Shai : k thanks
[12:55] Shai : some buyers again in NF
[12:57] Shai : test
[12:58] Vikkas C : yes shai
[13:08] r m : D company! http://screencast.com/t/ptKa3zEfsul
[13:09] RK : launchpad RM? 🙂
[13:10] r m : @RK, maybe
[13:10] r m : may also be a spin dryer for option premiums 🙂
[13:10] RK : so you want us to bite nails till Monday 🙂
[13:11] r m : saves outside market time spent in trimming nails 🙂
[13:11] RK : oh how generous 🙂
[13:11] Venkatesan : :))))
[13:12] r m : we try to help 😀
[13:12] RK : until unless trimming bank account thats fine..you can stay anywhere even for a week 🙂
[13:12] r m : I am still looking for the password to that 🙂
[13:13] RK : lol..you will be amazed to know that how betterly the AQB is being maintained 🙂
[13:13] RK : ok now its AMB
[13:13] r m : 🙂
[13:14] RK : somebody is feeling enough nails and shorting below VWAP now
[13:14] Tejpreet : Hope you guys have heard about zero balance accounts 😉
[13:14] RK : Axis results out?
[13:14] RK : Tej great 🙂
[13:16] Manoj : looks like
[13:16] Manoj : rk
[13:18] Sreenivas J : axis results not yet on cnbc
[13:18] RK : maybe +ve results
[13:21] Ashwin : 8562
[13:21] Manthan : SeN as per Hypo??@shai
[13:22] Sumit K : broken 8568
[13:24] Shailesh : this 188950 can be a buyer or short covering shai
[13:30] Rahul B : sl triggered
[13:31] Ashwin : ?
[13:32] Rahul B : nf al triggered below 8568
[13:32] Rahul B : sl triggered in nf below 8568
[13:33] Shai : yes
[13:33] Venkatesan : shai if nf goes above 8568 is is FA?
[13:34] Shai : no
[13:35] Venkatesan : than kyou shai
[13:36] Shai : no heavy selling yet
[13:37] Shai : but longs in problem here
[13:37] RK : sellers sustain below band
[13:37] Manthan : 8600 Strike, 15 Lacs Call added
[13:47] Manoj : some one of Mkt profie & orderflow on cnbc tv 18
[13:47] Shai : NF can do 8454
[13:48] Manoj : who is he ???
[13:49] Varun : who came
[13:49] Varun : hindi/english ?
[13:49] Manoj : eng
[13:50] Manoj : rudhrumurty
[13:50] Manoj : is his name
[13:50] Shai : Sell NF for 8545 / 8526 sl of 8581.
[13:51] Vivek K : manoj bhai, this rudramurthy has 10 PG degrees. so best is to ignore.
[13:51] Varun : 🙂
[13:52] Varun : he is talking top line
[13:52] Varun : bottom line
[13:52] Varun : ;0
[13:52] Manoj : he was frm banglore
[13:52] Venkatesan : toplien and bottome line falls under management and not market?
[13:52] Manoj : vachha investments
[13:53] Vivek K : ye ssir from bangalore, my sincere advice is to not take him seriosly.
[13:53] Varun : lol
[13:53] Manoj : i think axis bank forgot to declare result
[13:53] Manoj : lol vivek u know him
[13:53] Venkatesan : :)))) lol ar manoj
[13:53] Shailesh : Vivek 🙂
[13:54] Vivek K : i will be insulting my own intelligence by saying yes i have KNOWN him,
[13:54] Ashish : LOL vivek
[13:54] Manoj : i heard him telling POC MP and some so i tought lets ask here who is he
[13:54] Venkatesan : lol @ vivek
[13:54] Shai : cut short the NF short trade here
[13:54] Manoj : ok
[13:55] Shai : scratch it
[13:56] RK : must say there are still some brave bulls here..slow purchases made at band
[13:56] RK : *still many
[13:57] Vivek K : some years back he used to semon on ETV kannada like an astrologer. rather worse than astrologer
[13:58] Vivek K : sermon*
[13:58] Tejpreet : Shai if we sustain in IB and move abv KRA at 75 can we go long.
[13:59] Shai : yes
[13:59] Shai : use vwap to enter
[13:59] r m : a true professional, works from circuit to circuit 🙂
[14:00] Sumit K : Shai – 8600 pe levels
[14:00] Shai : that sl was not right at 8580 for that trade and hence opted out
[14:01] RK : Shai so shorting at VWAP with 8606 stop would be better trade if we get price at VWAP?
[14:02] RK : Tej contrary view 🙂
[14:02] Shai : 8600 pe was good abv 61 vah tgt 72 done and 85 if 72 stays
[14:04] Shai : RK sustaining vwap will force it to day high
[14:04] Tejpreet : I have been bearish for past few sessions ..infact got in 8700 put at 125 today …so maybe some change in sides 😉
[14:04] RK : got it Shai
[14:04] RK : Tej all the best 🙂
[14:05] Tejpreet : Thanks RK.
[14:06] Venkatesan : tej already sitting on 10% profit
[14:07] Tejpreet : No Venkatesan booked out early at 144 ..am scalper :).
[14:09] Venkatesan : loss in profit ,not bad
[14:09] Tejpreet : 🙂
[14:10] Tejpreet : Can anbody confirm is Axis has come in or that trigger left.
[14:10] Srini A : It is not yet out Tejpreet
[14:11] Tejpreet : thanks.
[14:14] Vikkas C : juts came
[14:14] Srini A : Axis out
[14:16] Tejpreet : Axis numbers look ok.
[14:18] Srini A : Very good beat in NII
[14:19] Manoj : but provisions r bad V bad
[14:21] Sankar : Has they formed the D yet 😉
[14:24] r m : They were not happy with the shape, so redrawing something else 🙂
[14:25] Srini A : It looks like a gun though 🙂 not sure who will get shot
[14:25] r m : 🙂
[14:26] RK : howmany believe your first instinct on anything is always right?.I mean the spur of moment your mind says something before going to rational thinking..that becomes mostly true..right?
[14:27] Porus : I do, except in trading.
[14:27] Shai : BNf getting sellers
[14:27] RK : then 8454 on cards :)..as Shai felt it 🙂
[14:27] Shai : moving fast though
[14:28] r m : aane do, usko bhee dekh lenge 🙂
[14:28] RK : Porus that works better in trading for me
[14:28] Shai : oh that was a typo RK for 8545 intra
[14:28] r m : 🙂
[14:28] Shai : hence delted it
[14:29] RK : Shai we wont accept it..once spelt means thats it..lol 🙂
[14:29] Shai : 🙂
[14:29] r m : @RK, Shai just skimmed off 100 points from your profits 🙂
[14:29] RK : RM oh he shattered my dream )
[14:29] RK : 🙂
[14:29] r m : 🙂
[14:29] Shai : looking for a short entry in BNF for 18560
[14:34] Shai : Nifty spot supp for next week is at 8525
[14:35] Shai : with 8502 as sl can still do 8640/ 8750 spot
[14:35] Shai : so not bearish on nifty
[14:35] RK : great
[14:35] Shai : but BNF may visist 18500 zone and then come bck
[14:36] Abhishek : great .. if i c lows will carry long NF nd BNF
[14:36] Shai : that is where the second major supp is now that 18900 is gone
[14:36] Shai : BNf is not a long
[14:36] Abhishek : @ 18560 also
[14:37] Sumit K : Shai – hinting at very good results from RIL
[14:37] Shai : 19000 has the highest vols and trade can close the settlement there
[14:37] Shai : ok Sumit
[14:38] Tejpreet : Where are FRYDAY fireworks ………..
[14:38] Tejpreet : ib 29 and day range 45
[14:40] Shai : Rumors of RIL giving some announcemnts also
[14:40] Shai : STBT BNF : Sell BNF at 18750 sl of 18855 tgt 18565
[14:43] Shai : that sl is for monday open
[14:43] Shai : we exit if Mon opens up 18855
[14:43] Shai : so position size accordingly
[14:44] Abhishek : oh
[14:44] Shai : STBt- Sell today Buy Tom
[14:44] Abhishek : shai; was thinking of going as per your long SL
[14:45] Abhishek : ok will take only 1 lot
[14:45] Abhishek : *lot
[14:46] Tejpreet : Shai these LVN on charts are based on weekly values.
[14:46] Shai : hope NF does not spend Mon tues auctioning out the spike zone
[14:47] Shai : 8525- 8590
[14:47] Shai : that will be a pain in expiry week
[14:47] Shai : Yes Tejpreet
[14:48] Shai : I don’t add volumes of the current week till week closes on friday
[14:48] Shai : concept is same as studing the value area of yesterday for today’s trades
[14:50] Ravi : 8700CE and BNF positionals will be a carry ?
[14:50] Shai : some MAT report also in the pipeline for the weekend
[14:51] Shai : Yes Ravi
[14:52] Ravi : ok, thanks Shai!
[14:53] Shai : would have been a stronger case in Nifty for a non trend day had we not spent so much time below IBL
[14:54] Shai : whichever way – the profile gives us a hint that Mon open may be quick
[14:54] Shai : so try not to be late on Mon for the open
[14:54] Manoj : sure sir
[14:55] Shai : even usdinr coiled up after that open
[14:55] Ashish : Yes Shai, not moving much
[14:56] Tejpreet : Does quick open imply a gap up/down kind of movement.
[14:58] Abhishek : shai what if we reach BN tday itselt
[14:58] Venkatesan : abhi a bird in the hand is better
[14:58] Venkatesan : than 2 in the bush
[14:58] Manthan : Abhishekbhai, maja aa jave:)
[15:01] Shai : if ou get 18654 reduce qty or if in smaller size take the profits
[15:02] Shai : No a drive Tejpreet
[15:02] Abhishek : yup nice
[15:02] Tejpreet : Mean we get a chance to gaet a seat on that bus whichever direction 🙂
[15:02] Shai : NF not great selling but spending too much time below VAl early and now below IBL
[15:03] Venkatesan : lol @ tej
[15:03] Shai : just sl of long trades ebing taken down
[15:04] Abhishek : reliance almost 2% before results
[15:05] Shai : this is another NF spike
[15:05] Shai : ca do 8504
[15:06] Porus : today, 8300pe has seen a small addition, all other nearby pe strikes from 7900 to 8900 have seen reduction.
[15:06] Vikkas C : is it advisable to load up pn nifty calls for next week ?
[15:06] Sankar : Hypo all levels done.
[15:07] Porus : 8600 n 8700 ce max addtion
[15:07] Manthan : Afternoon Spike Rule apply here???
[15:07] Abhishek : big buyers steeping in
[15:07] Shai : don’t load up – but bu small qyty nea 3.20/ 25
[15:07] Abhishek : 8600 call at 21
[15:07] Vikkas C : ok thanx shai
[15:08] Porus : 8500ce stil bullish, but if that goes…
[15:08] Shai : we may get 18560
[15:08] Shai : 8505
[15:09] Shai : STBT up 100 points
[15:09] John : 🙂
[15:10] Shai : those who don’t want to carry book
[15:10] Manthan : I did, short from 845
[15:11] Shai : wow
[15:11] Shai : nice move
[15:11] Shai : was expecting an afternoon move actually today but the sluggish pace put me off in NF
[15:12] Manthan : yup
[15:12] Porus : Shai, nf moving towards lvn at 8432?
[15:13] Shai : Not yet Porus
[15:13] Shai : Buyers are there
[15:13] Tejpreet : (14:38) Tejpreet :Where are FRYDAY fireworks ……….. . And finally when fireworks start I was away means basically get to see nothing 🙂
[15:14] RK : they have marginally shaken that spike low..
[15:14] r m : 🙂
[15:14] r m : shaken but not stirred 🙂
[15:14] Hemant : 🙂
[15:14] RK : initiative sellers or responsive buyers below that level would tell us shake or stirr RM 🙂
[15:15] r m : 🙂
[15:15] RK : but thats possible today if we extend mkts till 4 PM..so bulls are safe 🙂
[15:15] RK : *only if we extend
[15:15] Sankar : lol
[15:16] r m : I think the cheapest bet for Shai’s 87XX target is 8700CE with built in stop of 6 points 🙂
[15:16] RK : after lunch all these sellers had a good nap at bands..still lying there 🙂
[15:16] RK : RM lol..
[15:16] Shai : that buyer at 8527 is big
[15:17] RK : Yes
[15:17] Shai : vols project 8505 here- will he hold for 12 mins?
[15:17] Manoj : 50550 right ??
[15:17] Tejpreet : Heckly data shows long unwinding since past 30 mts …(15:03) Shai :just sl of long trades ebing taken down
[15:18] Shai : from 2.30 right?
[15:18] Tejpreet : from 245 onwards
[15:18] Shai : maybe from 8563
[15:18] Shai : ok
[15:19] Tejpreet : ie from 8550 lvls
[15:19] Abhishek : shai no long positions to carry
[15:19] Tejpreet : to 8665
[15:19] Shai : not here no price conf
[15:19] Shai : just that expiry view of 8750 makes us carry that ce
[15:20] Tejpreet : Monsoon lottery looks like RM 8700 caal with built in SL.
[15:20] Tejpreet : call
[15:20] r m : 🙂
[15:21] Shai : won’t be diff to manage actually for that sl 🙂 . exit if 8505 goes
[15:23] Tejpreet : GTG early, bye all.
[15:24] r m : Bye Tejpreet, have a great weekend 🙂
[15:25] Hemant : Not updating charts ?
[15:25] Sankar : (15:16) Shai :that buyer at 8527 is big
[15:25] Hemant : they are, my bad
[15:26] Sankar : They are not buyers Shai, they are the people booking profit shorting at your KRA levels 😀
[15:27] Shai : could be sankar
[15:27] Sankar : its the intraday tgt u gave in morning 🙂
[15:27] Shai : holding- (15:17) Shai :vols project 8505 here- will he hold for 12 mins?
[15:27] Shai : was spke lows
[15:28] Sankar : BTW, in 1 month I have falledn in love with your KRA levels and positional levels. Kudos and a big salute. I really wish I had emoticons here.
[15:28] Sankar : fallen*
[15:28] Sankar : Tx a lot for sharing your experience.
[15:28] Shai : oce we moved into that wed vol we had to go to the edge
[15:28] Shai : Cheers 🙂
[15:29] Shailesh : Cheers Shai asum 🙂
[15:30] John : Thanks & bye all 🙂
[15:30] Shai : bye all
[15:30] Shai : enjoy the weekend
[15:30] Ashwin : bye
[15:30] Venkatesan : thank you shai,rm and frens
[15:30] Ashish : Thanks and bye all
[15:30] Hemant : Nice close 🙂
[15:30] Shai : catch up mon
[15:30] r m : Thanks and bye folks, have a great weekend 🙂
[15:30] Shailesh : bye all and enjoy weekend
[15:30] Vikkas C : thnx and bye all ..! happy weekend
[15:30] Srini A : Bye all, Have a great one
[15:30] Hemant : Have a great weekend folks 🙂
[15:30] Porus : bye all
[15:30] Moses : bye all
[15:31] Sankar : Bye All 🙂
[15:31] Manoj : bye all
[15:33] Manthan : Bye
[15:44] Sandesh : byee all
Custom Chat Transcript
Date and Time: July 24, 2015 09:14:08
[09:03] Porus : Shai, what r levels for usdinr today?
[09:21] Ashish : Shai, Please update levels of USD/INR
[09:21] Ashish : Trading above 63.82 now
[09:21] Shai : strong open in usdinr just abv res
[09:21] Shai : F?
[09:21] Ashish : yes
[09:22] Porus : yes
[09:22] Shai : 63.85 supp
[09:22] Shai : cmp 63.98
[09:22] Manoj : shai any lvl to watch for axis result ???
[09:23] Kathir : trgt shai?usd/inr
[09:23] Ashish : OK and upside levels?
[09:23] Shai : what is the cmp usdinr july f?
[09:23] Ashish : 63.98
[09:24] Shai : ok- just wanted to confirm my tick chart was not moving
[09:24] Shai : thanks
[09:24] Shai : 63.74 positional supp now in usdinr
[09:25] Shai : can see 64.07 intra day
[09:25] Shai : bu running nto supply here
[09:25] Shai : allow the auction to play
[09:25] Ashish : OK, thanks a lot 🙂
[09:32] Shai : axis no upsides till 590 taken out intra
[09:35] Rahul B : wht abt tatachem
[09:36] Tejpreet : Shai can you have look at Maruti is it a short ….strictly for ID.
[09:38] Shai : tatachem upside momentum abv 517 only is slightly weak below 512, 506 next supp
[09:40] Shai : maruti shorts get momentum below 4208 can do 4189 then easy
[09:40] Shai : 4244 res
[09:41] Tejpreet : Thanks Shai.
[09:48] RK : Shai Hdfc possible for 1380 from here?
[09:54] Shai : biiger res at 1363 may find it diff to go pat that 1 for now
[09:55] RK : fine..thanks
[09:55] Manoj : shai axis now @ 591 can u pls share ur view
[09:57] Vikkas C : shai tisco for 280 today ?
[10:00] Shai : that result comes at 1 Manoj?
[10:00] Manoj : 10.45am-12pm
[10:01] Shai : ok
[10:01] Shai : 603 is spossible here on short covering
[10:01] Shai : sl wuld be below 585
[10:01] Manoj : 608-612 is i feel tgt
[10:02] Manoj : ok
[10:41] Mohul : Sha, Viw on Pratibha and NBCC?
[10:46] r m : @Shai, views on INFINITE for longer term buy?
[10:53] Naveen : shai ur views on sun tv??
[11:00] Shai : pratiba nice move
[11:00] Shai : is meeting one obj at 45 now
[11:01] Shai : second obj at 50.5 – buy dips to 42
[11:01] Shai : sl below 39.5 poisitional all longs
[11:02] Shai : nbcc run up shoing exhaustion today
[11:02] Shai : watch 1039 supp for new buys today and next few sessions
[11:02] Mohul : Thanks!
[11:02] Vikkas C : shai view on cipla ?
[11:03] Shai : infinite wants to close that gap to 257
[11:04] Shai : vol buys are there at 214 and 206 which are supp
[11:04] Mahipal : rel infra pl give your comments
[11:05] Shai : 172 from last week is the breakout point and dip buys till here will give that 257 plus
[11:05] Mohul : Shai I have been holding Auropharma at around 738..
[11:06] r m : Thanks Shai!
[11:06] Shai : sun tv move to 285 may be exhasuting
[11:06] Shai : supp at 270 now
[11:09] Shai : cipla good abv 677 all day today
[11:09] Shai : 687 and 691 imm obj
[11:10] Shai : relinfra slightly weakish here but has support at 413 today
[11:10] Shai : may remain in y’day range
[11:11] Vikkas C : thanx shai
[11:12] Mahipal : ok
[11:14] Soumya : shai microsec ready for next upmove?
[11:14] Soumya : can you please share levels?
[11:26] Shai : microsec maybe 119 next week if we close abv 112 today
[11:27] Soumya : thank you brother
[11:34] Soumya : This expiry we have BOB, Dr. Reddy, Kotak, Petronet and Colgate’s results
[11:35] Soumya : I guess we should check which companies give results in market hours
[11:35] Soumya : Then see if that day we can take any position in options with shai’s help
[11:35] Vikkas C : shai view on voltas ?
[11:35] Soumya : Can be a multibagger !!
[11:37] RK : Soumya trying that from last season..but looks risky unless you are fast enough..
[11:37] r m : normally govt banks give in market hours, i guess else they will have to pay OT to their staff 😀
[11:37] RK : they dump and pump or viceversa..either you have to maintain deep SL or fast enough to do SAR 🙂
[11:38] RK : just take list of major cos announced result since Friday and check intracharts..crazy 🙂
[11:39] Soumya : What about a small position with all or nothing.. the crazy move if on our side then can give 5-10 bagger on options
[11:40] RK : yes if you with that do or die mode then fine 🙂
[11:41] RK : *go with
[11:42] r m : but only good for directional, buying CE/PE pair mostly does not work because writer’s risk is already in the premium
[11:47] Mohul : Shai NDL a good buy now?
[11:47] Abhishek : RM BN 19000 CE PE at 455 459 respectively
[11:48] Abhishek : any low risk strategy
[11:50] r m : @Abhishek, let us ask Shai, my strategies mostly land the ledger in deep red 🙂
[11:52] Abhishek : shai over to you
[11:52] Tejpreet : Abhishek can try 8550 put and 8600 call combo around 90 .. in anticipation of 100 pointer move in Nifty.
[11:53] Tejpreet : Shai had suggested something similar to me yesterday … but I am still not in it as yet.
[11:57] RK : BPCL doing yo yo..worth a watch for late move
[11:58] RK : convictional break of day high/low may give another 20 point
[11:59] Soumya : Thank you rk and rm
[12:29] RK : Shai view on LT..obj on downside
[12:40] Shai : voltas 321 hiuge supply
[12:40] Shai : may find it diff to stay abv
[12:40] Shai : test
[12:41] Vikkas C : thanx shai
[12:42] Shai : ndl move may be done here on this spike up
[12:42] Shai : look for acceptance abv 127
[12:42] Shai : may find it diff to go abv
[12:42] Mohul : ok
[12:59] Ashish : Shai, century showing some good volumes. Please review it again
[13:01] Manthan : @shai, Axis bank view pls
[13:01] Manthan : huge volumes due to resluts
[13:01] Manthan : results
[13:02] RK : Manthan already given in the morning
[13:03] Tejpreet : But have Axis results come in ??
[13:03] r m : “(10:01) Shai :603 is spossible here on short covering(10:01) Shai :sl wuld be below 585”
[13:07] Manthan : thnx
[13:15] Shai : century has shown that spiky vol at 710 multiple times last few weeks
[13:16] Shai : don’t see a new position here at 735
[13:16] Shai : but a close abv 735 weekly is good for 770 next week
[13:16] Ashish : Thanks Shai
[13:16] Shai : avoid intra
[13:17] Ashish : ok
[14:16] Soumya : shai can you plese check NSE: STAR for positional
[14:17] Manoj : shai as now result is out can u tell ur view on axis pls