OrderFlow charts and Notes 26/02/16

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Get Image Orderflow Charts And Notes 26/02/16

History of room Announcements

Room Name: Vtrender
Date and Time: February 26, 2016 09:05:07

[08:50]   Shai : (08:36) r m:http://vtrender.com/evening-report-trade-dated-25th-feb/
(08:36) r m:http://vtrender.com/orderflow-charts-and-notes-250216/

[09:23]   Shai : (09:22) Shai :intra day : Keep a BNF buy above 13755 sl of 13675 tgt 13815/ 13886

[09:31]   Shai : (09:31) Shai :short NF below 7033 sl of 7066 tgt 6994

[10:01]   Shai : (10:01) Shai :NF at 7013 – part book short – move sl to 7034

[10:20]   Shai : (10:20) Shai :NFintra day- book all gains -7023

[11:59]   Shai : positional : (11:58) Shai :Buy March 7000 straddle at 352 (buy 7000 ce- 181 and 7000pe at 171) and sell 7400 -6600 stangle ; sell 7400 ce at 37 and 6600 pe at 56 for a net 92 , net debit in trade is 258-262. hold till next week

[12:33]   Shai : (12:32) Shai :BTST : Buy BNF 13800- 13820 sl of 13620 tgt 14034/ 14150

[13:51]   Shai : (13:50) Shai :BNF BTST Trade : Part book here 13910- 13920 and move sl to 13800 on rest

[14:58]   Shai : (14:58) Shai :exit the BNF BTST trade at cmp 13845 – trade closed

Get Image Orderflow Charts And Notes 26/02/16

General Chat Transcript

Room Name: Vtrender
Date and Time: February 26, 2016 09:05:07

[08:35]   r m : Good Morning folks!
[08:36]   r m : http://vtrender.com/evening-report-trade-dated-25th-feb/
[08:36]   r m : http://vtrender.com/orderflow-charts-and-notes-250216/
[08:40]   Suresh : Good Morning all
[08:47]   Saurabh : hello and gm all 🙂
[08:47]   Saahil : GM everyone
[08:47]   Jitender : Gm Shai, Rm, Folks:)
[08:48]   r m : Hi Jitender 🙂
[08:49]   Shai : GM all
[08:51]   John : Good morning Shai, RM and all 🙂
[08:51]   r m : Hi John 🙂
[08:52]   Venkateswara : GM
[08:52]   Vikkas : Gdmrng all
[08:52]   Vikkas : Hi Rm & Shai
[08:53]   r m : Hi Vikkas
[08:53]   Nadeem : Good Morning all
[08:57]   Chirag : GM everyone. 🙂
[08:58]   Sandy : GM All
[08:59]   Tejpreet : GMAll.
[09:02]   RK : GM Shai,RM and all
[09:03]   r m : Hi RK
[09:04]   Sharad : GM all
[09:04]   Ravi : GM all
[09:05]   Shai : spx dis something splendid yesterday by moving abv 1936 forcing short covering
[09:05]   Shai : week can still finish today around 1980
[09:05]   Shai : 1961 is intra res – cmp 1961
[09:06]   Shai : NF will be sold abv 7040 today and can tgt 7106/ 7125
[09:06]   Shai : weakness only if 7040 breaks at open
[09:07]   Jitender : tx Shai
[09:07]   Shai : BNF comes back in the bracket around 13850
[09:08]   Shai : couldmove to 14070/ 14146 on short covering
[09:08]   Ashish : GM all
[09:08]   Shai : spx can propel a short covering run being the first day
[09:09]   Shai : we wait for greens post open to confirm but we are looking for signs of shortcovering today
[09:10]   Porus : Shai, usdinr?
[09:10]   Shai : 7040/ 13850 my ref areas
[09:11]   Shai : usdinr under 69.10 can come down to 68.90 and 68.70
[09:11]   Shai : short is below 69.00 sl of 6910- cmp 69.09
[09:12]   Venkatesan : gm shai,rm and to all
[09:13]   r m : Hi Venkatesan
[09:15]   Rahul P : shai, plz adjust nf profile chart
[09:16]   Arvind : GM all
[09:17]   Vikkas : shai cant see the 5 mins NF chart ..pls move a bit to the left
[09:19]   r m : MD’s settings are like NASA control room 🙂
[09:20]   Chirag : 😀
[09:20]   Shai : moved away from range hence
[09:20]   Shai : 7040 on watch
[09:21]   RK : 7040 yday mid day pull back ref?
[09:22]   Shai : intra day : Keep a BNF buy above 13755 sl of 13675 tgt 13815/ 13886
[09:23]   Saurabh : how many lots ?
[09:25]   r m : @Saurabh, 1% risk on your trading capital for intraday
[09:25]   Saurabh : ok
[09:25]   Jitender : @saurabh do go thru this http://vtrender.com/risk-and-trade-management-primer
[09:27]   Saurabh : thanks jitende
[09:28]   Shai : 7040 yesterday sell volumes- (09:21) RK :7040 yday mid day pull back ref?
[09:29]   Shai : stay focussed guys
[09:29]   RK : thanks Shai
[09:29]   Shai : not much greens
[09:29]   Shai : BNF has not made it abv 13850
[09:29]   Shai : NF ref area is here
[09:31]   Shai : avoid BNF long abv
[09:31]   Shai : short NF below 7033 sl of 7066 tgt 6994
[09:32]   Shai : Remove BNF buy abv from the system
[09:33]   Shai : BNF driving down
[09:34]   r m : NF Open is Open, Rejection, Reverse type Shai?
[09:34]   Tejpreet : Gap closed in 15 minutes 😉
[09:34]   Shai : yes ORR needs 10 more mins though
[09:34]   r m : OK, Thanks
[09:34]   Jitender : @tej..i gt 30 in nf..how abt u
[09:35]   r m : @Tejpreet, Props were only net longs yesterday, they sure got a good exit 🙂
[09:35]   Tejpreet : Jitender nothing as of yet !
[09:35]   Jitender : k
[09:35]   Viral : rm is OI data clumulative across all series?
[09:36]   Rahul P : @rm – Props ???
[09:36]   r m : Congrats Jitender, you are off the block first today 🙂
[09:36]   r m : @viral, yes
[09:36]   Jitender : tx ji
[09:36]   Viral : thanks
[09:36]   r m : Rahul, Proprietary traders – brokers trading on their own account
[09:36]   Rahul P : ok, thnx
[09:36]   Jitender : didn’t do much ystrdy & had an itch:)
[09:36]   r m : 🙂
[09:37]   Jitender : Seeing thoose six fig profit keeps u sharp:)
[09:37]   r m : @Rahul, Props provide liquidity too so on a day when everybody is selling they will be caught on reverse direction
[09:38]   Uttam : Good Morning All 🙂
[09:39]   Uttam : @Shai 7088 was a VPOC & NF has returned from there
[09:39]   RK : NF above and BNF below VAL
[09:40]   RK : NF above VAH
[09:40]   RK : who will pull other
[09:42]   Varun : did ce opton give a gap up ?
[09:43]   Varun : as in general nf ce’s
[09:44]   Jitender : ys Varun
[09:45]   Uttam : the 7k ce gave a 10 point gap up
[09:46]   Varun : for a 70 point move
[09:46]   Uttam : the 7400 ce gave a gap up of 5 points 😉
[09:46]   RK : 7200CE gave 10 points
[09:47]   RK : so they all gave some meagre upside only for giving sake 🙂
[09:47]   Uttam : 7088 was a VPOC & feel we have a ORR here
[09:47]   Chirag : 7k O=L
[09:47]   Uttam : break of 7032 again will activate 80% also
[09:47]   Shai : at the clsoe I know 6900pe and 7100ce were equal
[09:48]   Shai : about 134
[09:48]   Shai : 7078 is a big seller
[09:48]   Shai : Nothing big in BNF yet in vols
[09:48]   Uttam : 6900 PE has greens today Shai?
[09:48]   RK : Even BNF had sellers around 750 Shai
[09:48]   RK : though not big
[09:49]   Rahul P : seems net short inventory management
[09:49]   Varun : thanks shai fr dval/dvah
[09:49]   Rahul P : afternoon , seems big game
[09:50]   Shai : pleasure 🙂
[09:50]   Shai : BNF also a short here for 13530 with sl of 13740 cmp 13660
[09:50]   Shai : but will avoid 2 shorts for intra day
[09:50]   Shai : stay with the NF sell below 7033
[09:51]   Ravi : Shai i am already in with 7033 Short
[09:51]   Uttam : staying below vwap is not helping the bulls at all
[09:52]   Shai : yes it went a few ticks when the alert came- if in keep sl in system- others pls sell below 7033 only
[09:52]   Sandesh : Shai..can enter fresh short at CMP?
[09:53]   Saurabh : shai hats off to u for managing so much… cahrts chats analysis
[09:53]   Saurabh : sadesh only at 7033 now . not at cmp
[09:53]   Jitender : Shai…wen bonds rally does it gv philip to rupee vis-a-vis dollar?
[09:54]   Jitender : filip
[09:55]   Varun : is vpoc 24, tpo poc 7008 ?
[09:56]   Shai : back below vah now
[09:57]   Shai : Jitender – not very clear on the co-relation
[09:57]   Jitender : np..tx
[09:58]   Sandesh : THANKS SAURABH
[09:59]   r m : Economic Survey will be tabled in Parliament today
[09:59]   Uttam : we have a 40 point selling tail @ top today
[09:59]   Jitender : Just a thing to keep in mind…tere’s a lot of chatter happening abt Govt managing 3.5% fisc deficit trgt…wud b positive if it happens
[09:59]   Jitender : ys @rm at 12
[09:59]   Shai : tpo wise it was the same 7008- 7024
[09:59]   r m : Thanks Jitender
[10:00]   Shai : that bracket is equal
[10:00]   Jitender : wc ji
[10:01]   Shai : NF at 7013 – part book short – move sl to 7034
[10:02]   Shai : what’s the chatter?- the rumor is it is not being managed
[10:03]   Chirag : and if we miss the fisc deficit target,we may get downgraded.
[10:03]   Jitender : Mkt will gv a leeway upto 3.7%..but CNBC is trumpeting on inside info sayn 3.5% mite be managed
[10:03]   Shai : not surprisingly the leaks came when they had that ceremony halwa it was called
[10:03]   Porus : That fisc target only seems ossible thru creative accounting, which is a negative.
[10:04]   Shai : 7034 TSL
[10:04]   Shai : if it goes we exit
[10:04]   Shai : BNF not dropping
[10:04]   Jitender : latha is excited abt rate cut if tat fisc def is managed
[10:05]   Vikkas : stop watching cartoon network ppl :p
[10:05]   Jitender : lol
[10:05]   Jitender : @Vikkas we all r cartoon fr tem..tey r real players:)
[10:06]   Porus : That deficit needs to be manaed for the medium term for the rate cut to be justified.
[10:06]   Porus : But govt will push for it.
[10:06]   Jitender : seems imposs to me also Porus..but this Govt is manipulating data more savvily than Cong
[10:07]   Porus : ‘savvily’? I’d say nefariously. 🙂
[10:07]   Jitender : it made Rajan rate cut while on ground things hv becum worse fr common man
[10:08]   RK : Stocks exhibiting we are going to lows
[10:09]   Porus : One wouldn’t mind, if all these other incidents hadn’t cropped up.
[10:12]   Vikkas : shai can u pls move the NF 5 mins chart a bit to the left to see it comfortably
[10:13]   Chirag : gap on spot till 6985
[10:15]   Saurabh : no much numbers on charts, i get giddy looking at it !!! 🙂
[10:16]   r m : Nifty Weightages updated till Jan 2016 – http://tinyurl.com/NiftyWeightages
[10:17]   RK : thanks RM
[10:17]   Saahil : Thanks RM
[10:17]   Uttam : Shai BNF will be a sell below 13600?
[10:17]   r m : @RK, welcome, your BN is a trojan, 26% of Nifty weightage 🙂
[10:18]   Uttam : good greens in BNF in daily OF, if those greens go could lead the fall
[10:19]   Hari : Crude up by 3.7%
[10:20]   Shai : NF intra day- book all gains -7023
[10:20]   RK : my stock basket weighs 33% 🙂
[10:20]   RK : LIChsg not in index?
[10:20]   r m : @RK, 🙂
[10:20]   r m : No, not so far
[10:21]   r m : i read somewhere that soon Nifty will have 51 scrips but will not be renamed Nifty 51 🙂
[10:21]   RK : 🙂
[10:21]   Porus : RM, ys, TAMO DVR is no. 51
[10:21]   r m : Thanks Porus
[10:21]   Hari : Yeah, numerology into play!
[10:22]   Nadeem : Thanks @Shai, caught a good run on nifty 🙂
[10:22]   Shai : cheers
[10:23]   Uttam : NF resisting @ YVAH
[10:26]   Uttam : greens @ vwap
[10:26]   Saurabh : where do u see the greems ?
[10:27]   Saurabh : i am new , forgo my quetion , i am learning and listening
[10:28]   Uttam : on 5 mins but getting neutralised
[10:28]   Uttam : 35k
[10:29]   Uttam : one 30k seller could get trapped @ lows on 30 mins
[10:30]   Varun : hw are volumes
[10:30]   Varun : ?
[10:30]   RK : NF fair Varun
[10:30]   r m : @Varun, first week relative volume always look high if comparing to same series
[10:31]   Saurabh : i did not know that we cus scrool across the screen, omg.. more numbers there
[10:31]   Uttam : greens @ vwap
[10:31]   Uttam : good greens
[10:31]   Uttam : but all getting neutralised
[10:32]   Shai : 7044 ref
[10:32]   Shai : can do 7065 if crossed
[10:32]   Uttam : yep we also have the singles from 7045-87 today
[10:32]   r m : @Saurabh, you will have to go thru the links mentioned in the welcome mail and learning-channel on slack to get a basic idea about charts here, then it will be easy for you to ask questions
[10:32]   Saurabh : ok rm , weekend wud be dedicated to it . also keeping quite now 🙂
[10:33]   Varun : thr r 2 vidoes on youtube, best to watch them
[10:33]   Varun : vtrender chnl
[10:33]   Uttam : Shai is also organising a webinar next Saturday 🙂
[10:39]   Shai : looks like the 1st hour will prevail here till the last hour
[10:39]   Uttam : 71k green @ top on 30 mins
[10:39]   Uttam : now reds @ vwap
[10:40]   Uttam : IBL break will be a short Shai?
[10:44]   Shai : yes
[10:45]   Uttam : thanks Shai
[10:45]   Shai : range very big for IB
[10:45]   Shai : 77 and 165
[10:45]   Uttam : yep 77 point
[11:08]   Vikkas : test
[11:09]   Tejpreet : pass
[11:09]   Vikkas : 🙂
[11:19]   Shai : For the budget event we will be doing a long 7000 stradlle and write a 7400- 6600 strangle against it
[11:19]   Shai : will upate the alert in a few minues
[11:19]   Jitender : +1
[11:26]   Vikkas : sellers
[11:29]   Sandy : wrb
[11:29]   Uttam : IBL broken in NF but got buyers
[11:30]   Vikkas : buyers where uttam
[11:30]   Vikkas : 5 mins not showing ?
[11:30]   Uttam : all turning white on 5 mins Vikkas
[11:32]   Vikkas : i think today wud be best to look out just for ST & UT and trade ..lol
[11:34]   RK : Budget on Mondahy..right?
[11:34]   RK : Monday
[11:34]   Sandesh : Shai.. BNF a sell?
[11:35]   Uttam : 30 mins on NF has all reds
[11:35]   Prudhvi : next 7033 i’m shorting for new low
[11:36]   Vikkas : @RK yes
[11:40]   RK : thanks
[11:41]   Misaal : no screen ?
[11:41]   RK : Missal its there
[11:42]   Shai : BNF can short below IB now
[11:42]   Shai : is weak below 13740
[11:44]   Misaal : sl would be?
[11:44]   Uttam : we could have a DD in BNF
[11:44]   Shai : (09:50) Shai :BNF also a short here for 13530 with sl of 13740 cmp 13660
[11:45]   Saurabh : is that a trade call ? or general message
[11:45]   Shai : can trade below IBL where the certainty of NV day increases
[11:47]   Saurabh : ok it got it .. its a general message… Quite again
[11:48]   RK : Saurabh trade alerts will be posted in Announcement tabs above
[11:48]   Saurabh : yes , thanks rm… got u 🙂
[11:48]   RK : rest all just a trade ideas and optional for choosy traders
[11:53]   RK : all Mar PEs 7k-7400 in watchlist are just 10 off from morning highs..Vix effect or writers effect?
[11:53]   r m : @Saurabh, why thank me, I am quieter then you 🙂
[11:53]   RK : same with CEs, just trading closer to lows
[11:54]   Jitender : vix & Iv’s high
[11:54]   RK : hmm
[11:55]   Saurabh : oops rk rm.. noted for future reference
[11:59]   Shai : (11:58) Shai :Buy March 7000 straddle at 352 (buy 7000 ce- 181 and 7000pe at 171) and sell 7400 -6400 stangle ; sell 7400 ce at 37 and 6600 pe at 56 for a net 92 , net debit in trade is 258-262. hold till next week
[12:01]   Navaneeth : @Shai
[12:01]   Shai : if you recollect we sold March 7000 for 325 tgt- check the low today
[12:01]   Navaneeth : How much Lot for 10 Lakh model account?
[12:01]   Saurabh : can do more than 30 lots navneet
[12:01]   Shai : we are going with 2 pairs in the trade
[12:01]   Saurabh : 250*75 wud be one lot cost
[12:01]   Shai : 1 pair per L of capital
[12:02]   Hari : For benefits to accrue, we should take both the call together right
[12:02]   r m : yes, that is one call actually
[12:03]   Shai : going in the trade only cos we got an alert at 325 on the march straddle – looking for a bounce off here and using the strangle to offset vix decay which may happen due to event
[12:04]   Shai : 364 res in the 7000 buy straddle- we close it when we see 454 in it
[12:05]   Shai : I’ll update the price of the strangle and the chart this evening-
[12:05]   Shai : having some difficult with the MP chart of 6600 pe
[12:05]   Navaneeth : 26,400/- for buying
[12:06]   Navaneeth : 70,000 + for selling
[12:07]   Navaneeth : so shai, 96,000 margin debited. So we can take 10 lots for 10 lakh?
[12:08]   Sandy : i think we are going with 2 sets of trade
[12:08]   Shai : (12:01) Shai :we are going with 2 pairs in the trade(12:01) Shai :1 pair per L of capital
[12:11]   Navaneeth : so 5 pair per 10 lakh,
[12:12]   Navaneeth : sorry to ask.. this strategy is too confusing to calculate 3-4% RR
[12:12]   Navaneeth : thats why..
[12:12]   Hari : So shai, per pair we are looking to make around 10k right
[12:17]   DrBansal : shai,in slack you have mentioned sell 7400-6400 strangle
[12:17]   Shai : I know I’m not able to give you a stop cos I don’t have the chart of 6600 pe working – waited for 30 mins for it to load- hence asking to go with 2 pairs as we did on the 7000 march stradlle earlier
[12:17]   DrBansal : ?
[12:17]   Shai : will update a proper Sl before Monday open
[12:17]   Shai : for now Sl is not needed for the trade and we can enter
[12:17]   Navaneeth : Shai not abt s.l
[12:18]   Navaneeth : just tell me if 1 has Two lakh in his account
[12:18]   Navaneeth : how much pair he can take
[12:18]   Shai : 1 only
[12:18]   Navaneeth : bcz margin is 96,000
[12:18]   Navaneeth : yaa. thats what I wanted
[12:19]   Sandy : Dr, there is a typo in alert…its 7400-6600 pair
[12:19]   Navaneeth : thnx for patience.. This strategy is confusing to Pro’s as well 😛
[12:19]   Shai : consider we are buying 1 pair at 262 – max we are losing is 19650 if we carry till expiry
[12:20]   Tina : Shai this 11:58 one is budget strategy?
[12:20]   Shai : My sl is higher than 0 and hence advised to go with 2 lots which fits the model of max 30000 loss
[12:20]   r m : 🙂
[12:20]   RK : strategy should be read as 7k straddle is original trade and 74-66 strangle is shock absorber due to event
[12:21]   Uttam : BNF SL of 13740 hit
[12:21]   Shai : I’m tgting 454 on the straddle and will update the sl for the 7000 march on Monday
[12:21]   Shai : the 7400-6600 is to prevent decay and may not come into pic at all
[12:22]   Uttam : buyers in bnf
[12:22]   Shai : hope I’m clear on the strategy of the trade
[12:22]   RK : Uttam entering range after saving spike low
[12:22]   Vikkas : chalo me done for the day ..75 points 😀
[12:23]   Uttam : yes RK IBH break will be further confirmation
[12:23]   Vikkas : 3 trades 25 points each
[12:23]   Uttam : great Vikkas
[12:23]   Shai : here is the support the 7000 march is at per the original trade we took : https://vtrender.slack.com/archives/positional-alerts/p1455263725000051
[12:23]   Uttam : buyers in NF too
[12:24]   Uttam : 24k seller in BNF
[12:24]   Uttam : right @ IBH
[12:26]   Uttam : Shai can we just enter the long straddle?
[12:27]   Saurabh : that wud be max loss uttam
[12:27]   Ashish : big buyer @ vwap in NF
[12:27]   Jitender : Eco Survey realistic…& inference being drawn (nt stated) that 7th pay commission increase may b staggered
[12:27]   Uttam : nope we will have a SL for the straddle too
[12:27]   Saurabh : hmmm
[12:28]   Saurabh : can do that too , actually thats the way most have done
[12:30]   Uttam : Shai did clarifiy that the strangle is just for time decay & may not come into the picture itself, just gives a cushion of 90 points to the straddle
[12:32]   Misaal : @jitender where did you read that ?
[12:32]   Shai : BTST : Buy BNF 13800- 13820 sl of 13620 tgt 14034/ 14150
[12:34]   Shai : yes uttam can
[12:34]   DrBansal : Shai,BTST for monday?
[12:34]   Shai : yes
[12:34]   Shai : for monday morning
[12:34]   Uttam : Shai your first BNF call of the morning played so well
[12:35]   Uttam : BA 13755 tgt 13815
[12:35]   Uttam : thanks Shai
[12:40]   Kris : Good Morning all!
[12:40]   r m : Hi Kris
[12:40]   Kris : Logged in to just update – I exited the 6500PE at 40 or so. Will relook on Tue
[12:40]   Jitender : Hi Kris
[12:40]   Uttam : the BO in BNF has happened on good volumes Shai/
[12:41]   Kris : Another selfish reason to login – wanted to know about that 7000PE+CE buy and writing 6600PE and 7400CE.
[12:41]   Chirag : 70k cr capital infusion in banks.
[12:41]   Kris : wanted to know what is bias – and logic of how it works.
[12:41]   Kris : Looks Shai already explained – if any one has it – can you repaste? Could not get it from history.
[12:43]   Chirag : going in the trade only cos we got an alert at 325 on the march straddle – looking for a bounce off here and using the strangle to offset vix decay which may happen due to event
[12:43]   Chirag : @kris
[12:43]   r m : @Kris, it is a technicals based call, probably spread has broken the resistance
[12:44]   Uttam : (11:59) Shai :(11:58) Shai :Buy March 7000 straddle at 352 (buy 7000 ce- 181 and 7000pe at 171) and sell 7400 -6400 stangle ; sell 7400 ce at 37 and 6600 pe at 56 for a net 92 , net debit in trade is 258-262. hold till next week(12:03) Shai :going in the trade only cos we got an alert at 325 on the march straddle – looking for a bounce off here and using the strangle to offset vix decay which may happen due to event(12:04) Shai :364 res in the 7000 buy straddle- we close it when we see 454 in it(12:05) Shai :I’ll update the price of the strangle and the chart this evening-(12:05) Shai :having some difficult with the MP chart of 6600 pe(12:08) Shai :(12:01) Shai :we are going with 2 pairs in the trade(12:01) Shai :1 pair per L of capital(12:17) Shai :will update a proper Sl before Monday open(12:17) Shai :for now Sl is not needed for the trade and we can enter(12:19) Shai :consider we are buying 1 pair at 262 – max we are losing is 19650 if we carry till expiry(12:20) Shai :My sl is hi
[12:45]   Uttam : sorry for flooding
[12:46]   Uttam : 55k buyer @ high in NF
[12:47]   Kris : Thanks Uttam.
[12:47]   Uttam : np Kris 🙂
[12:50]   Shai : Nf headed to 7070
[12:50]   Uttam : Shai, BNF got back above the brakcet low of 13780-810 was your reason for the long is it?
[12:50]   Shai : yes
[12:51]   Uttam : also it happend on good volumes?
[12:51]   Shai : I thought it would do it at open and had a buy abv but when NF was dropping BNF held that spike lows
[12:51]   Uttam : ?
[12:52]   Uttam : sorry we will also be targetting that FA
[12:52]   Shai : spike highs taken for now
[12:52]   Uttam : in BNF 13979?
[12:53]   Uttam : saw that intra call later else would have gone long @ 13755 itself
[12:53]   Shai : 14010
[12:54]   Uttam : yep for March it will be higher
[12:55]   Tejpreet : vix falls below 22 , surprising just bfore budget ……no one wanting pus now 🙂
[12:56]   Tejpreet : puts
[13:08]   Varun : rm/shai cn u post screenhot fr merge yesterday/today
[13:08]   r m : sure
[13:12]   r m : http://screencast.com/t/DqrqtlKAS2
[13:15]   Varun : thnks rm
[13:15]   Varun : 🙂
[13:15]   r m : welcome 🙂
[13:23]   Tina : Shai what shall be the corresponding target for NF (seeing bNF call)
[13:26]   Shai : want to see NF abv 7090 close for me to think it goes back to 7170/90 but am positive intra day abv 7040 for 7090/7106 for now
[13:27]   Shai : BNF clears 13850 and I am more certain abv it back in the vracket
[13:28]   Shai : preopen note : (09:07) Shai :BNF comes back in the bracket around 13850(09:08) Shai :couldmove to 14070/ 14146 on short covering
[13:28]   Uttam : yes Shai 13850 resisting for now
[13:31]   Shai : NF : http://vtrender.com/wp-content/uploads/2016/02/Nf_compo117.png
[13:31]   Shai : BNF : http://vtrender.com/wp-content/uploads/2016/02/BNF_compo16.png
[13:33]   Jigs : shai, as per this chart of BNF, what is long term target of BNF
[13:33]   Tina : Shai I have a question, what if we do opposite.. i.e. sell 7000 ce/pe and buy 6600 pe and 7400 ce
[13:34]   Shai : you may have to change the ratio then
[13:35]   Shai : BNF chart is still bearish Jigs
[13:35]   Shai : if we break 13400 we drop another 2000 points
[13:35]   Jigs : OMG
[13:36]   Ashish : Mamaaa miaaa
[13:36]   Saurabh : tina in that case u are betting on a decrease of vols which is not the case
[13:37]   Tina : thanks shai and saurabh
[13:37]   Shai : early Jan I was looking at 13400 as tgt and we came to 13600 on expiry yesterday
[13:37]   Saurabh : for all people who are doing options try googlinig option oracle working copy
[13:38]   Jigs : yes shai
[13:38]   Shai : so for now let’s see if a bounce plays
[13:38]   Uttam : Yes @Tina, you may lose out on both the combos, mainly that 90+ on the strangle
[13:39]   Shai : @tina the OTM strikes will lose more when event risk is out so if planning to buy you have to increase the delta of the option size there to match up with the 7000 which is higher delta
[13:40]   Shai : if it is a non event and stays in a 100 point range you win more with that strategy
[13:40]   Tina : okay thanks
[13:40]   Vikkas : shai can u pls pull the 5 mins NF down a bit
[13:40]   Shai : but if there is a sharp increse/ decrease then the delta of those OTM’s need to be higher to cover the move away
[13:42]   Saurabh : any trade coming in the next 5 minutes ?
[13:42]   Saurabh : may i go out for 5 minutes
[13:43]   Vikkas : dude how can anyone answer that 😐
[13:43]   Uttam : lol
[13:44]   Saurabh : haha
[13:44]   Prudhvi : poori jindagi baaki hai
[13:44]   Uttam : was about to say that even Shai will not be able to say
[13:44]   Saurabh : its ok
[13:44]   Saurabh : nice volumes on nifty going on
[13:44]   RK : high liquidity is here
[13:45]   RK : am getting mkt order@5-10 paisa ticks difference
[13:45]   RK : for NF
[13:45]   Shai : yes sitting nicely at 92L
[13:46]   Uttam : 92L since morning all day vol in NF is it>
[13:46]   RK : yes
[13:46]   Uttam : 150L is the average for a good vol day right?>
[13:46]   RK : 120/125> is avg if am right
[13:46]   Varun : shai over weekend please post composite of this bracket
[13:47]   Uttam : Nf headed for a Neutral Day, could be neutral extreme>
[13:47]   Varun : whts poc of this bracket
[13:49]   Uttam : reds piling in bnf but price going higher
[13:49]   Uttam : 36k seller
[13:49]   Uttam : another 40k below it
[13:50]   DrBansal : shai,can TSL in bnf at?
[13:50]   Shai : BNF BTST Trade : Part book here 13910- 13920 and move sl to 13800 on rest
[13:51]   Shai : 13800 Dr
[13:51]   Shai : if we get 14070 by close we will clear the position and go free
[13:53]   Saurabh : nice and thanks shai
[13:54]   Shai : NF still a normal day : (10:39) Shai :looks like the 1st hour will prevail here till the last hour
[13:54]   Shai : Cheers 🙂
[13:55]   Sachin : thanks shai.
[13:56]   Sachin : can we enter BNF again, as i did it for one lot only in the morning
[13:57]   Shai : yes if we get a dip buy if greens in OF
[13:57]   Sachin : thank you
[13:58]   Shai : Pls don’t thank me again and again guys , then when I dont respond I come across as ungracious 🙂
[13:58]   Sandy : hahaha
[13:58]   r m : lol
[13:58]   Shai : else I will have to get a bot to respond to every thank u 🙂
[13:58]   RK : I used to tell RM the same..anyway point noted 🙂
[13:58]   Deepak : 🙂
[13:58]   Uttam : hats off Shai 🙂 you are a class apart so do not let anything bother you
[13:58]   Hari : Thankuto!
[13:58]   Jitender : Shai..we r emotional ppl…esp wen in money:)
[13:59]   r m : 😀
[13:59]   Sachin : ok shai…
[13:59]   Shai : haha
[13:59]   r m : @Jitender, some get more emotional when deprived of it 😀
[13:59]   Jitender : lol
[14:02]   Uttam : that big seller getting neutralised on 30 mins
[14:02]   Uttam : bnf
[14:05]   Kris : friends – I am unlike Shai – feel free to thank me – I will keep on retweeting every single praise! 🙂
[14:05]   Vikkas : haha
[14:05]   John : lol 🙂
[14:05]   r m : 🙂
[14:05]   Nadeem : 🙂
[14:06]   Jitender : lol
[14:06]   Rahul P : kris, plz grace us with your presence here everyday
[14:06]   Sachin : sure kris
[14:06]   Shai : 🙂
[14:06]   Hari : This look like a move that can spoil 5 hrs of upmove lol
[14:06]   Shai : dax spiking
[14:07]   Shai : spx still hunting res at 1960
[14:07]   Kris : @Shai – BN longs – may be SL can be moved to 13850 below VAH?
[14:07]   Shai : (09:05) Shai :spx dis something splendid yesterday by moving abv 1936 forcing short covering(09:05) Shai :1961 is intra res – cmp 1961
[14:08]   Shai : ok Kris
[14:09]   Kris : Actually it is a question to understand the rationale – I mean below VAH – there is a possibility of 80% rule etc- any particular reason to keep at cost?
[14:09]   Uttam : I moved the TSL to 13873 & BNF made a low of 13875 😉
[14:09]   Uttam : refresed my pending order list twice to make sure it has not triggered 😉
[14:13]   Shai : actually we are looking for a probe right through that profile of 24/02 which is a balance and sl and trade was taken at IBH
[14:13]   Shai : NV day
[14:16]   Shai : 13840/ 7042 should not be violated now for the day to close up
[14:17]   Rahul P : shai, carrying nf longs from 7015…hwo about carrying them for monday morning spikes ??
[14:18]   Sachin : @shai, for studying and trading MP, should we use specific futures contracts for continutous contracts !!
[14:24]   Uttam : dpoc of bnf way down?
[14:25]   Uttam : though nf seems it has moved up
[14:25]   RK : Uttam 13908 dpoc
[14:25]   Uttam : no RK 13700
[14:26]   Uttam : oh ok
[14:26]   Uttam : but in d 30 min & full day it is still down there?
[14:27]   Shai : abv 13940 now we shoukd get to 14030 by close
[14:27]   Uttam : frsh buy above 13940 we could keep Shai?
[14:34]   Shai : keep abv 957 exit is breaks 935
[14:34]   Uttam : ok Shai, thanks 🙂
[14:37]   Sachin : @shai @rm, what are these Organe/White and Green color bars in MP ?
[14:38]   Sachin : orange looks like IB
[14:38]   John : @Shai any iceberg order @7075?
[14:38]   John : 3rd time rejecting from same price
[14:39]   Saurabh : shai at hold a big order at 7078
[14:39]   Saurabh : had told*
[14:39]   RK : John already rejected thrice at 55 and moved up and getting hammered there
[14:39]   RK : 55-58 roughly
[14:39]   John : yep
[14:40]   John : thanks saurabh
[14:51]   Chirag : @RM,can you post that OI data for BNF?
[14:52]   r m : (*** Private to Sachin ) Orange is IB, Green is Value
[14:52]   Shai : Yes John
[14:52]   Shai : 7088 also a vpoc where the open of the normal day is
[14:52]   r m : @Chirag, Heckyl data?
[14:52]   Chirag : yep
[14:52]   r m : sure
[14:52]   Rahul P : shai, path of least resistance for nf seems up north now???
[14:52]   John : Thanks Shai 🙂
[14:53]   Uttam : BNF dVAH same as yesterday’s VAH?
[14:53]   RK : are we closing@3.30 today?can’t get such feel 🙂
[14:53]   RK : or RM has any special session for budget? 🙂
[14:54]   Uttam : why RK, feel business is unfinished?
[14:54]   r m : 🙂
[14:55]   RK : Uttam yes..would be better to have some shake before going to event to get a right feel 🙂
[14:55]   RK : up or down..but shake it so that it can explode on Monday
[14:56]   Uttam : shakeout coming RK
[14:56]   Shai : last year we had a special session right?
[14:56]   RK : yes
[14:56]   Shai : I remeber 150 point swings of that day
[14:56]   RK : SAturday I think
[14:57]   Hari : 5 hrs of move being undone in 10 mins
[14:57]   Shai : yes sat it was
[14:57]   r m : Laut ke buddhu ghar lo aaye 🙂
[14:57]   Hari : 14:06 Hari : This look like a move that can spoil 5 hrs of upmove lol
[14:58]   Chirag : Shai,I exited all my bnf longs above 13900.
[14:58]   Chirag : Heckyl shows unwinding.
[14:58]   Shai : exit the BNF BTST trade at cmp 13845 – trade closed
[14:58]   Chirag : can add again?
[14:58]   Chirag : oh okay.
[14:58]   Chirag : :p
[14:58]   Uttam : if close is below 13810-780 bad for bulls
[14:59]   Uttam : right Shai?
[14:59]   Uttam : Friday something ought to happen right so RK now you feel we are closing @ 3.30 😉
[14:59]   RK : much better nw 🙂
[14:59]   Kris : (14:07) Kris :@Shai – BN longs – may be SL can be moved to 13850 below VAH?
[15:00]   Varun : shai please pot composite of bracket on weekend
[15:00]   Varun : thanks in adv
[15:00]   Kris : guess was – it will come and hit SL any which way – better to get hit with +50 na? 🙂
[15:00]   Uttam : Varun bad job by bulls again now?
[15:01]   Uttam : but value overlap + higher today
[15:01]   Shai : avoid was planning to come out on Monday morning but not liking this pullback
[15:01]   Shai : we will stay safe over weekend
[15:03]   Uttam : bnf dpoc has come down on 5 mins
[15:03]   Uttam : 13820 now
[15:04]   RK : the person who makes statement in the open holds control over the day – Golden words by Shai..the way that 7078 held all the buyers from downhill is awesome..
[15:05]   Uttam : yes RK
[15:06]   RK : VWAP holding and we locked some chaps around it
[15:06]   Ashish : +1 RK
[15:07]   RK : if at we scale up now, that seller has to give up and we get a spike
[15:07]   RK : *if at all
[15:09]   Shai : some greens in BNF at the 800
[15:09]   Jitender : Rk..its long unwinding…
[15:09]   Shai : it’s the vracket low there
[15:09]   Shai : bracket*
[15:10]   RK : fine Jitender
[15:12]   Shai : getting a normal day after a neutral center
[15:12]   Shai : big trend day even if it was not budget
[15:12]   Uttam : more chances of as big move on Monday
[15:12]   Uttam : great
[15:12]   Uttam : but budget could give 2 way moves
[15:12]   Shai : that 7000 should move
[15:14]   Ashish : poor low in BNF
[15:18]   Saurabh : so we are holding the options trade as of closing
[15:18]   Saurabh : i m sorry
[15:19]   Saurabh : i meant so we are holding the options trade as of today
[15:19]   Vikkas : thats is a positional trade saurabh ..if something has to be done ..rest assured shai will update here .. 🙂
[15:20]   Shai : lost of whites in the 7040- 7075 zone
[15:20]   Saurabh : @ vikas :- whats
[15:20]   Shai : just shows how well it was traded
[15:21]   Shai : when we move away from here with the budget as a catalyst, I think the zone may not be probed again for the series
[15:21]   Shai : or at least half of it
[15:21]   Vikkas : wow shai
[15:22]   Uttam : the move could be either way still Shai or bit more looking on the downside?
[15:22]   Viral : wow
[15:22]   Shai : either way now as event is huge
[15:22]   Viral : shai but the question is up or down from heree?
[15:22]   Viral : ;P
[15:22]   Shai : normal day is bias flat
[15:22]   Uttam : thanks Shai
[15:22]   Shai : forces have become equal
[15:23]   Shai : I think we are in the right trade here on NF- balance the mkt will tell us next week 🙂
[15:24]   Uttam : Shai can we buy OTM PE & CE or both will lose out on premium post budget so not that good an idea?
[15:25]   Shai : vix is set to drop below 18
[15:26]   Shai : that’s about 15% +
[15:26]   Shai : so careful with OTM
[15:26]   Uttam : hmmm right Shai
[15:27]   RK : Shai we can expect some drop on Monday itself or it can happen only after event
[15:27]   Ashish : big greens in NF
[15:28]   Shai : already dropping today RK
[15:28]   Shai : 21.63 now
[15:28]   RK : yes..it was 22.3
[15:28]   Shai : yes
[15:28]   Shai : 21.27 val weekly
[15:28]   r m : 5% down
[15:29]   Jitender : bye all…have a grt weekend !!
[15:29]   Ashish : Bye all
[15:29]   Ashish : have a great weekend
[15:29]   Arvind : Bye all
[15:29]   Chirag : Bye everyone. 🙂
[15:29]   Viral : bye all
[15:29]   Shai : Bye all
[15:29]   Tejpreet : Bye All.
[15:29]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Shai : have a nice weekend
[15:30]   Suresh : bye all
[15:30]   Porus : bye all
[15:30]   John : Bye all 🙂 Happy weekend 🙂
[15:30]   Uttam : thanks all & do have a great weekend 🙂
[15:30]   Vikkas : bye all
[15:30]   Vikkas : happy weekend

Get Image Orderflow Charts And Notes 26/02/16

Custom Chat Transcript

Room Name: Vtrender
Date and Time: February 26, 2016 09:05:07

[09:30]   Saahil : @shai any views on Hero Moto
[09:56]   Tejpreet : Shai ID target for sunpharma shorts .
[10:10]   Shai : heromoto big drop – see that res at 2668 playing as supply on every rise- tgt of the move is 2455- intra res at 2625 now
[10:10]   Saahil : OK thanks a lot
[10:10]   Jitender : Shai..views on infy pls
[10:10]   Shai : sunpharma 870 tgt sl abv 886
[10:13]   Tejpreet : Thanks Shai.
[10:14]   Shai : infy 1120 is a good sup on cloing basis but on intra see no momentum till it is below 1125- below 1120 can drop to 1105 also
[10:18]   Viral : shai ur view on L&T n tisco ?
[10:20]   Jitender : tx Shai
[10:21]   Tejpreet : Shai views on maruti , positional 100 off from MT weekly support of 3480.
[10:21]   Gaurav : Shai can we add Pidilite long for positional?
[10:25]   Shai : LT strng res at 1175 played out – now still weak below 1115 closing and 1074 and 1025 are the 2 swing objectives
[10:26]   Viral : ok thanks shai
[10:26]   Shai : tatasteel 265 res not overcome – supp rests at 242 now below that weakens to 231
[10:27]   Viral : thanks
[10:28]   Shai : maruto broke 3500 supp 3398 and 3327 2 objectives of the move below 3500
[10:30]   R Goel : shai view on tataelxi
[10:30]   Sandesh : hi Shai.. whats your veiw on Tata Power?
[10:31]   Shai : pidilit has supp at 581 but add only if you see price abv 596 today second supp at 550
[10:31]   Tejpreet : Thanks Shai.
[10:38]   Gaurav : Thanks Shai
[10:43]   Shai : tataelxsi very weak on charts – 1st supply 1873, 2nd supply 1828 and intra day res at 1757 – below all 3
[10:43]   Shai : can do 1637/66
[10:44]   Shai : tatapower 56.3 to 57.8 range today
[10:49]   Rama : Shai ur view on JSW steel
[10:52]   R Goel : thanks shai
[10:56]   Chirag : @shai,Bharti airtel good for a positional short?
[11:12]   Sandesh : thanks Shai
[11:20]   Shai : updating jswsteel and bharti
[11:25]   Shai : jswsteel is weakening here and headed to 1054 with stops abv 1145 closing
[11:26]   Shai : airtel has postnl supp in the 312-318 band- not a short here but short below 310 swing
[11:29]   Rama : Thanks Shai
[11:31]   R Goel : thanks shai for tataelxi
[11:31]   R Goel : target hit
[11:31]   R Goel : 🙂
[11:32]   Muhammad : Shai can short asian paints here? sl 671 target 641?
[11:42]   Shai : yes asian to 841 sl 872
[11:42]   Muhammad : thanks shai
[11:44]   Muhammad : also please help me with sun pharma intra day levels
[12:29]   Tejpreet : Shai views on HDFC in a very tight range , ID .
[13:16]   Rama : Shai view in AuroPharma pls ?
[13:16]   Shai : sun pharma 885- 869 intra range- can’t see a bias intra
[13:17]   Rama : Auro Pharma ?
[13:18]   Shai : hdfc 1050 supp is biased twowards 1059 as long as 1050 holds
[13:19]   Shai : auro abv 604 is bullish intra for 617/ 627 – 617 already in – if it sustains abv 617 can do 635/37 by close
[13:19]   Shai : 604 intra supp
[13:20]   Rama : Thank u
[13:20]   Tejpreet : Thanks Shai.
[13:46]   Sandesh : Shai.. can take ICICI long here?
[13:55]   Shai : go abv 185.7 cash
[13:58]   Sandesh : thank you
[13:59]   Shai : here too – let’s skip the thanks : (13:58) Shai :Pls don’t thank me again and again guys , then when I dont respond I come across as ungracious 🙂
[14:06]   Sandesh : 🙂
[14:06]   Sandesh : cant help dear
[14:06]   Sandesh : just cant be a business at all!
[14:32]   Muhammad : shai levels given for Asian paints are in futures or equity?
[14:33]   Shai : cash
[14:33]   Shai : all cash here – is easier to pick levels as vols are not spiky
[14:33]   Saurabh : cash also does not have the issue of continouus charts
[14:34]   Nadeem : @Shai , if we dont Thank you for getting us in good position then it would look like we are being very ungratefull 🙂 Indian Paradox 🙂
[14:34]   Shai : 🙂
[14:36]   Sandesh : hi
[14:37]   Sandesh : ICICI, can take aggressive long?
[14:37]   Sandesh : its above 185.70
[14:51]   Sandesh : and also HDIL please
[14:53]   Shai : icici again down 185 – intra day avoid now
[14:54]   Shai : hdil good close coming
[14:54]   Shai : is a carry abv 59 today
[14:56]   Sandesh : fine .. NO thanks
[14:56]   Sandesh : 🙂
[15:24]   Viral : can we carry asian paints for monday?