OrderFlow charts and Notes 29/02/16

Premium Content : This post has content for Trading Room members only. Please login with your approved ID and password. Non- members can subscribe here – http://vtrender.com/trading-room

Bnf_Tick Footprint_5_Bnf Footprint_5_Nf Nf_Tick

 

 

 

Get Image Orderflow Charts And Notes 29/02/16

History of room Announcements

Room Name: Vtrender
Date and Time: February 29, 2016 09:17:03

[09:08]   Shai : (08:48) r m:http://vtrender.com/evening-report-trade-dated-26th-feb/
(08:48) r m:http://vtrender.com/nifty-bn-weekly-view-spot-for-29-feb-04-mar16/
(08:49) r m:http://vtrender.com/orderflow-charts-and-notes-260216/

[12:45]   Shai : Keep an NF buy abv 6968 sl of 6930 tgt 7020/ 7048

[12:51]   Shai : (12:51) Shai :Nf at 6998- 7000 part book this zone hold balance at cost

[12:55]   Shai : (12:55) Shai :Positional buy 7200 ce at 72- 76 sl of 39 tgt 145

[13:00]   Shai : (13:00) Shai :Nftgt 2 – hold with tsl of 7019 for 7088

[13:05]   Shai : (13:04) Shai :Exit 7000 March straddle at 312-315 now – sell 7000 ce+pe from the buy leg- Hold the strangle sold

[13:07]   Shai : (13:06) Shai :Budget keeps the NF in range- we are down 15 points on the strategy but we will recover from the strangle

[13:09]   Shai : (13:08) Shai :Strangle 7400 ce- 6600 pe was sold for 92- cmp 67- a close below 60 will give us a tgt of 35 on it to exit. SL of that trade at 92 now tgt 35

[13:17]   Shai : (13:17) Shai :NF at tgt 3 near 7088 – book long completely – + 115

[13:21]   Shai : (13:21) Shai :Positional 7200 ce at 107 now – part book as we are near the 7135 F Obj and carry balance at cost

[13:52]   Shai : (13:50) Shai :hold 7200 ce with 72 as TSL

[14:05]   Shai : (14:05) Shai :Buy NF for 7142 sl of 7060

[14:06]   Shai : (14:06) Shai :Buy NF at cp 7097- 7100 sl of 7059 tgt 7142/ 7164

[14:11]   Shai : (14:11) Shai :Exit the NF long trade here – 7085/90- We will stay flat

[14:57]   Shai : (14:56) Shai :short BNF 13920 – 13950 sl of 14165 tgt 13555- go with 50% qty in this trade

[14:58]   Shai : (14:58) Shai :7200 ce TSL taken – exit . Flat now

Get Image Orderflow Charts And Notes 29/02/16

General Chat Transcript

Room Name: Vtrender
Date and Time: February 29, 2016 09:17:03

[08:48]   Shiva : Good Morning RM,Shai
[08:48]   r m : Good Morning folks!
[08:48]   r m : http://vtrender.com/evening-report-trade-dated-26th-feb/
[08:48]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-29-feb-04-mar16/
[08:49]   Sandy : Good Morning All
[08:49]   Misaal : Gm all
[08:49]   Saahil : GM all
[08:49]   r m : http://vtrender.com/orderflow-charts-and-notes-260216/
[08:49]   r m : Hi Shiva
[08:49]   Jitender : Gm Shai, Rm, Folks 🙂
[08:50]   r m : Hi Jitendra 🙂
[08:59]   Vikkas : Gdmrng all
[08:59]   Vikkas : Hi Rm & Shai
[09:02]   Suresh : good morning all
[09:03]   John : Good morning Shai, RM and all 🙂
[09:03]   Venkatesan : gm shai,rm and to all
[09:04]   Venkateswara : GM All
[09:06]   Chirag : GM everyone. 🙂
[09:06]   Nadeem : Good Morning All..
[09:07]   DrBansal null : Any negative news in budget can lead to 10% downside-Samir Arora
[09:07]   Saurabh : all up and ready…. Gm buys
[09:07]   Saurabh : guys*
[09:08]   Shai : GM all
[09:08]   Tejpreet : GM All.
[09:08]   Ashok : Good Morning
[09:08]   Sharad : GM all
[09:09]   r m : Hi Vikas, John, Venkatesan 🙂
[09:10]   Sachin null : goodmorning shai , rm and friends
[09:10]   r m : Hi Sachin
[09:11]   Viral : gm
[09:12]   Sachin null : rm, can you please look into my questions in slack market profile channel!! the questions are specific to vtrender trading room. thank you
[09:13]   Arvind : GM
[09:13]   r m : sure Sachin, I did not get any notification, guess they were not addressed to me
[09:13]   Vikkas : all the best guys ..go slow ..mkts are everyday 🙂
[09:13]   Sachin null : rm, i did so… directly to you and shai
[09:14]   r m : which date Sachin, I don’t find any in market profile channel
[09:14]   Deepak : GM All
[09:15]   Sachin null : @rm, yesterday at 10 pm
[09:15]   r m : if you use nick skd1 then yours was answered in flat 3 minutes 🙂
[09:16]   Shai : open in value and range
[09:16]   Shai : watch for the greens and reds today- 1L plus in NF and 35k in BNF – could be seen multiple times
[09:17]   Tejpreet : Day opens withWRB in both .
[09:19]   Kris : Good Morning All 🙂
[09:20]   Sachin null : thank you rm
[09:20]   Kris : Thought this is the best place from where we can react to budget 🙂
[09:21]   r m : Hi Kris 🙂
[09:21]   Ashish : GM all, Have a safe budget day
[09:22]   Uttam : Good Morning All 🙂
[09:22]   Saurabh : @admin , there is an option on continous beeping option in case of calls being given , just in case someone needs it to distinguish from the normal messages
[09:26]   Shai : looks like a quite open – 750 k in 10 mins
[09:26]   Shai : big money on sidelines
[09:26]   Shai : BNF 185k
[09:28]   Jigs : shai, bullish budget of bearish budget?
[09:28]   Jigs : *or
[09:28]   Shai : haha
[09:28]   Shai : I’ll tell u at 3.30
[09:28]   Jitender : lol
[09:29]   Ravi : :)\
[09:29]   r m : lol
[09:29]   Viral : lol
[09:29]   Venkatesan : loll
[09:29]   Jigs : u tell us now, we will tell you at 3:30
[09:29]   Shai : last year we went into budget with a high NF and high expectations and came off – this time with 0 expectations I think we rally
[09:30]   Shai : watching 7088 and 7155 for confirmations of a rise
[09:30]   Shai : will think of a minor long abv 7088 and adds abv 7151
[09:30]   Jigs : thanks shai
[09:32]   Sachin : @shai, 7088 is previous day high and Prominent POC, right! what about 7151 ref level. can you please guide!
[09:32]   RK : GM Shai,RM and all
[09:33]   r m : Hi RK
[09:33]   Sachin : hi rk
[09:34]   Uttam : @Sachin both are VPOCs i guess, poc’s which have not been touched
[09:35]   Sachin : thanks uttam
[09:36]   Uttam : 🙂
[09:37]   RK : Hi Sachin
[09:40]   Vikkas : what time does the budget start ?
[09:40]   Vikkas : 11.30 or 12
[09:40]   Ashok : 11
[09:40]   Vikkas : ok thanx
[09:47]   Shai : BNF 13956 ref line for intra
[09:49]   Jitender : BNF high being touted as due to Vinod Rai being appointed as head for BBB
[09:53]   r m : there are reasons for everything – BOB fall was due to high NPA and rise was due to all NPAs accounted at once 😀
[09:53]   Vikkas : +1 Rm
[09:54]   Jitender : yh…w/out reasons…mkt wud make sense (greed & fear)
[09:54]   Saurabh : cud anyone please update me on the yesterday option trade that we took , the rates i mean
[09:55]   r m : @Saurabh, it is on slack
[09:55]   Saurabh : ok rm . thanks
[10:02]   Shai : there are no big trade opp off this volume and I see no point in risking capital today for trades
[10:03]   Shai : there could be a big move cos of the event and we may not be in it but there are other days to trade also and we can capitalise
[10:03]   RK : Shai yes..when we have no trades during event, less bias..so can take good trade after event..
[10:04]   RK : even possible by EOD itself
[10:04]   Deepak : totally agree
[10:04]   Ashok : in the chart what’s the meaning of 2850*11400 and so on?
[10:05]   Arvind : yes Shai agree with you totally. Money saved is money earned
[10:05]   Shai : take it wasy today- don’t push yourselves to catch that one big trade
[10:05]   Shai : easy*
[10:05]   Ashok : ok
[10:06]   r m : @Ashok, Sell | Buy volumes, will be clearer to you if you thru the links in welcome mail and watch the video too
[10:07]   r m : *go thru the links
[10:07]   Ashok : ok thnx rm
[10:13]   Vikkas : BNF is holding VWAP nicely
[10:15]   Vikkas : looking at the composite of the last 3 days of BNF was expecting it fill the dimple before the budget and then make a move ..but dimple fill not happening as of now..waiting is the best solution
[10:16]   r m : @Vikkas, who will commit money before budget? 🙂
[10:16]   Vikkas : bas wohi baat hai naa sir ..thats why was hpoing to fill the dimple on its own weight
[10:16]   r m : lol
[10:16]   Vikkas : but they are holding it
[10:17]   r m : ye dhokhe se sir bol diya, badla loong sirjee 🙂
[10:17]   r m : loonga
[10:17]   Vikkas : ek dip toh banta hai during budget and then close higher 😉
[10:17]   Vikkas : haha
[10:18]   r m : either that or the other way round 🙂
[10:18]   Vikkas : 🙂
[10:19]   Shai : BNF headed back to 13860 – 13957 res playig out
[10:19]   Shai : 22L first hour vol in NF
[10:20]   Shai : but by the close we should be over 220L today
[10:20]   Shai : it’s just a small scalp trade – that PE may not help
[10:21]   Shai : caps get deleted- please check caps lock
[10:21]   RK : Shai can you advise levels for 7200 CE and 7400 PE to track
[10:22]   Shai : ah the bias – everyone pls note 🙂
[10:22]   Shai : 7400 pe?
[10:22]   RK : ha ha
[10:22]   r m : 🙂
[10:22]   r m : @RK he wants to buy it at support 😀
[10:23]   r m : @Shai
[10:23]   RK : was having 7400 straddle for 20 days and closed 7400 CE around 33 and moved to 7200 CE..this is the story behind that query 🙂
[10:23]   Sachin : @shai, what the bias ! could not understand
[10:23]   r m : ok RK 🙂
[10:24]   Shai : 7200 ce res at 112 intra – intra day weak now below 96 but once abv 97 can do 112 again- longer supp at 55 and supply at 149
[10:24]   r m : Union Budget webcast (if you don’t want to see those useless anchors!) – http://budgetlive.nic.in/
[10:24]   Tejpreet : Thanks RM , was looking for this !
[10:26]   r m : welcome, right now it is not working, another direct link is loksabha tv – http://loksabhatv.nic.in/index.aspx
[10:26]   Shai : 7400 pe res at 440 supp at 353
[10:26]   Shai : this one will move wild
[10:27]   Shai : ok RK- I misread the 7400 pe as 7400 ce 🙂
[10:27]   RK : got it Shai..thanks
[10:27]   RK : 🙂
[10:27]   RK : 7400 CE written at 210 covered at 32 and moved to 7200 CE
[10:28]   RK : If any upmove will book 7400 PE SL 6900 F now..let me see what I can get
[10:28]   Deepak : @RK, when did you wrote the 7400CE ?
[10:29]   RK : 04th Feb I think
[10:29]   Deepak : okay
[10:29]   Deepak : following the 60 day plan i think
[10:30]   RK : nothing like that..expected larger move and gone for it.
[10:35]   Vikkas : di caprio finally gets an oscar ..long overdue
[10:35]   Sandy : super acceptance speech also
[10:36]   Vikkas : ohh that ill watch later tonyt 🙂
[10:39]   Shai : https://vtrender.slack.com/files/shai/F0PE1F62H/mp_option_straddle.png
[10:43]   Shai : greens in BNF
[10:57]   Shai : BNF looking better as a long here – just at VAH whilst NF is at VAL
[10:58]   Vikkas : +1
[11:00]   Shai : 11.00
[11:00]   Deepak : 🙂
[11:00]   Shai : some big greens in BNF here
[11:01]   Vikkas : all the best guys
[11:01]   Nagarajan : Any Trap?
[11:01]   Shai : (09:47) Shai :BNF 13956 ref line for intra
[11:03]   Misaal : when would the entire budget pdf be available ?
[11:03]   Misaal : after the speech ?
[11:03]   Chirag : chitag jainj
[11:04]   Chirag : MY name is chirag jain
[11:04]   Jitender : starts
[11:05]   Chirag : sorry for the text here
[11:05]   Chirag : dont know how it got posted here
[11:05]   Deepak : Why these guys are so much Shayari types
[11:05]   Chirag : was raising a query with airtel
[11:06]   Porus : Can see Speech on You Tube. And see the rubbish comments from users.
[11:06]   Deepak : ha ha
[11:07]   Porus : 7088
[11:07]   Viral : big reds
[11:08]   Deepak : all big reds and we are juping
[11:08]   Shai : 7088 jeavy seller
[11:08]   Shai : 1L
[11:12]   Shai : reuters ore budget : http://in.reuters.com/article/india-budget-2016-modi-jaitley-idINKCN0W204M
[11:12]   Hari : Vix down
[11:20]   Jigs : shai that 13956 gave me quick 50pt
[11:20]   Jigs : thanks
[11:24]   Shai : cool 🙂
[11:25]   Shai : was over in that 5 min only 🙂
[11:27]   Shai : 33k seller at 14010 and 1 L seller at 7088
[11:28]   Hari : So Shai, blood tasters are back 🙂
[11:31]   Shai : back in IB and vah
[11:40]   Rahul P : potential FA on NF
[11:43]   Sameer : hello
[11:44]   Shai : Yes that FA in NF conf now
[11:44]   Shai : 1L buyer at the lows in NF 7003
[11:45]   Shai : already a neutral day in NF
[11:45]   Shai : both are not lookig good here
[11:45]   Rahul P : shai, check SNPf….severe breakdown
[11:45]   Jitender : crude tankn
[11:49]   Shai : yes thought 1933- 37 will hold
[11:56]   Sameer : Today either be bearish or bullish, dont switch side otherwise dono baju se padegi
[11:57]   r m : Grilled Sandwich is the exact expression 😀
[11:57]   Jigs : 😉
[11:58]   r m : one FA per 5 minutes 🙂
[11:58]   Vikkas : hahah rm
[11:58]   Sameer : @rm 🙂
[11:58]   Jigs : 200pt move in 5min in BNF
[11:58]   Sachin : ha ha .. good one rm
[11:58]   Vikkas : RM dimple in BNF :p
[11:59]   r m : 🙂
[11:59]   Shai : BNF
[11:59]   Jigs : BNF
[11:59]   Jigs : 350pt
[12:02]   Sameer : Yesterday I talked about IDBI in slack
[12:02]   Sameer : up 7%
[12:04]   Shai : fiscal news
[12:04]   r m : no change in FRBM targets
[12:04]   Jitender : 3.9 tis yr & 3.5 nxt
[12:05]   Sameer : where is ckt for idbi …seems like 10%
[12:05]   Shai : good – that was a worry and neg speculation there
[12:05]   Saurabh : nothing abt LCTG tillnow
[12:06]   Sameer : @Saurabh…that should drive nifty by -200 or +100 🙂
[12:06]   Sameer : in few minutes
[12:06]   r m : pet pe laat ka sawaal hai na!
[12:07]   Saurabh : 🙂
[12:07]   Sameer : @rm Kitna maza aata agar aaj FNO expiry day hota
[12:07]   r m : lol
[12:08]   Jitender : 15.3% incr in expenditure upto 5.5lac cr
[12:08]   Jitender : planned
[12:08]   Jitender : tax on…
[12:08]   Jitender : speech
[12:13]   Saurabh : less than 2 cr now for presumptive income of 8% on turnover
[12:13]   Saurabh : some relief on tax hassles for traders
[12:13]   Jitender : tats audit limit
[12:13]   Sameer : @Shai … Are u keeping your eye to buy at 6930 if good buying seem
[12:15]   Jitender : Corp itax for sme income<5cr reduced to 25%+cess
[12:17]   Kris : Bought 7300CE at 37.
[12:17]   Sameer : @Kris boughy 7200CE at 61
[12:18]   Sameer : (small quantity)for Shai’s level at 6930…Kris aap sath ho toh darne ki baat nahi 🙂
[12:20]   Shai : sellers at top are booking
[12:20]   Shai : but selling at highs is big
[12:20]   Ravi : till what level it can fall more
[12:21]   Shai : 6865 if we break 6925
[12:21]   Jigs : shai, below 13572?
[12:22]   Shai : fairly lackluster so far
[12:22]   Shai : below 13550 to 13247
[12:22]   Hari : Damp Squip
[12:22]   Jigs : ok
[12:23]   Hari : BNF is hell bent on -500 pts
[12:24]   Ravi : can initiate buy at 6865?
[12:24]   Jigs : quick 50pt shai
[12:25]   Jitender : STT ince in options:(
[12:25]   Porus : stt on options increased 3 fold
[12:26]   Vikkas : buyersssssssssssss
[12:27]   Shai : stt goes up 0.017 to 0.05
[12:28]   Jigs : what a fall
[12:29]   Viral : 6800 put lot of writing today?
[12:29]   Viral : 6800 shld hold?
[12:30]   Gopichand null : why no update on slack
[12:31]   Jigs : vdis?
[12:31]   r m : nothing has happend here which needs to be updated
[12:31]   r m : yes
[12:31]   Hari : can’t see the OF
[12:31]   Hari : Just bar charts
[12:31]   Jigs : positive rm?
[12:32]   r m : maybe
[12:32]   Sameer : square-off 7200 CE at -10 pts 🙂 … but continue to be on bullish side to avoid any grilled sandwitch of mine
[12:32]   r m : @Hari, the range has gone too big to show numbers
[12:32]   Hari : LOL RM, expected 🙂
[12:33]   Porus : some benefit re retrospective taxation
[12:33]   Jigs : thanks
[12:33]   Porus : FIs should be happy
[12:38]   Sameer : where is order flow chart for nifty ?
[12:38]   Sameer : anybody can see it ?
[12:38]   Viral : 2:32 r m: @Hari, the range has gone too big to show numbers
[12:38]   DrBansal : shai,budget halfway crossed,give an update on straddle and strangle.,
[12:40]   Jitender : Apart from TCS on cars etc., tax reforms are good fr common man…
[12:40]   Jitender : Must gv that credit to Modi
[12:41]   Jitender : speech ovr
[12:41]   Shai : We have a tail here
[12:41]   Ashish : we have a big tail now
[12:42]   Jitender : DDT introduced at 10% for dividend income ovr 10lac— neg
[12:42]   Jitender : & a surprise
[12:43]   Porus : The social parts were good. Taxes, OK. But all eyes now on implementation.
[12:44]   Jigs : charts stuck?
[12:44]   Jitender : ITC dwn 5-7%
[12:44]   Porus : DDT is OK. It is equitable.
[12:44]   Rahul P : equitable ??
[12:44]   Jitender : Bank recap prov of 25k cr is also less than expected
[12:44]   Porus : Yes, Robin Hood approach.
[12:44]   Shai : Intra day : Keep an NF buy abv 6968 sl of 6930 tgt 7020/ 7047
[12:44]   Nagarajan : chart struck
[12:44]   Nagarajan : ok
[12:45]   Porus : Yes, bank recap disappointing. Though he did say that if mare required ‘we will find the funds’
[12:45]   Shai : Keep an NF buy abv 6968 sl of 6930 tgt 7020/ 7048
[12:46]   Shai : test
[12:46]   Shai : charts up?
[12:47]   Jigs : no
[12:47]   Chirag : mo
[12:47]   Chirag : no
[12:47]   Nagarajan : no
[12:47]   Muhammad : call triggered
[12:47]   Shai : Nf buy triggered
[12:48]   Porus : Jitender, STT hike will impact bg options plaers like you:-)
[12:48]   Porus : and Kris
[12:49]   Muhammad : put sl in system?
[12:49]   Nagarajan : SL system?
[12:49]   Shai : yes put for today as vols are there
[12:50]   Tina : Shai that 7000 ce/pe budget trade is open or closed?
[12:51]   Jitender : lol Porus…m a miniscule pixel & will pass on the incr to my broker:)
[12:51]   Shai : Nf at 6998- 7000 part book this zone hold balance at cost
[12:51]   Shai : Yes Tina hold for now
[12:51]   Shai : will update
[12:51]   Chirag : Thanks @shai!
[12:52]   Chirag : fast fingers!
[12:52]   Chirag : 🙂
[12:52]   Tina : thanks
[12:52]   Shai : conflict btw heavu seller and a buying tail at 6833 which could be cash buyers
[12:53]   Chirag : BNF +ve
[12:53]   Jitender : Grt Call..Shai:)
[12:53]   Viral : awesome call
[12:53]   Sameer : Master call by Master Shai
[12:53]   Davis : super
[12:53]   Davis : super
[12:55]   Muhammad : shai tsl?
[12:55]   Rahul P : shai, looks like we have a super excess almost confirmed….unless we fallagain
[12:55]   Shai : Positional buy 7200 ce at 72- 76 sl of 39 tgt 145
[12:55]   Rahul P : wow. thats what I was looking ofr…positional ce buys
[12:56]   Shai : looking at 7135/ 7240 on tis move
[12:56]   Shai : hence 7200 ce
[12:57]   Shai : will exit if we are below 6930 on close
[12:58]   Vikkas : can we change the OF to numbers pls shai ?
[12:59]   Sameer : Seems like No effect of budget on mkt exceept volatility seen … from here on global cues ?
[12:59]   Vikkas : thanx shai
[13:00]   Kris : could not locate my 7300CE buy call here.
[13:00]   Shai : Nf tgt 2 – hold with tsl of 7019 for 7088
[13:00]   Jitender : +1
[13:01]   Arvind : Super call Shai
[13:01]   Arvind : Got in at 6850
[13:01]   Arvind : NS
[13:02]   Arvind : Ramkis lvl was 6824
[13:02]   Vikkas : service tax increased to 15%
[13:04]   Shai : Exit 7000 March straddle at 312-315 now – sell 7000 ce+pe from the buy leg- Hold the strangle sold
[13:06]   Kris : Thanks Shai – I was having a bit of restless time – I booked the 7000PE at 225 – and was worried if I got it wrong!
[13:06]   Shai : Budget keeps the NF in range- we are down 15 points on the strategy but we will recover from the strangle
[13:08]   Shai : Stangle 7400 ce- 6600 pe was sold for 92- cmp 67- a close below 60 will give us a tgt of 35 on it to exit
[13:09]   Davis : any news rgd rbi rate cut
[13:09]   r m : (*** Private to Kris ) (12:17) Kris :Bought 7300CE at 37.
[13:09]   Shai : (13:08) Shai :Strangle 7400 ce- 6600 pe was sold for 92- cmp 67- a close below 60 will give us a tgt of 35 on it to exit. SL of that trade at 92 now tgt 35
[13:11]   Shai : neutral day in NF and shows 2 tails but the one below is bigger
[13:11]   Shai : conf is stying abv IBH
[13:11]   Tejpreet : Shai levels and views on BN post budget.
[13:12]   Viral : shai . ibh for is 7060?
[13:12]   r m : 7017-7060 IB period
[13:12]   Viral : ok thanks rm
[13:13]   Sushovan : Shai buy 7200CE still holds ?
[13:13]   r m : BNF marching ahead
[13:13]   r m : @Sushovan, that is positional
[13:13]   Sushovan : ok
[13:14]   r m : target 145, stop 39 or close below 6930
[13:14]   r m : only mental stops in positional, exit only after veryfying from Shai
[13:14]   Kris : (12:17) Kris :Bought 7300CE at 37.
[13:15]   Kris : Exited a few more at 59.
[13:15]   r m : Great trade Kris!
[13:15]   Nagarajan : r m – Vol update pls – its down very badly?
[13:15]   Sameer : //\\ rm
[13:16]   Sameer : //\\ kris 🙂
[13:16]   r m : @Nagarajan, Volumes are very high
[13:16]   Nagarajan : Sorry not Volume Volatility
[13:16]   r m : vix is down 10%
[13:17]   Nagarajan : oopsss
[13:17]   r m : 9%
[13:17]   Chirag : @shai,since we were long on 7200CE,why didn’t we just exit 7000PE from that straddle?
[13:17]   Shai : NF at tgt 3 near 7088 – book long completely – + 115
[13:17]   Nagarajan : grt
[13:17]   Davis : including 72 ce
[13:18]   Jitender : Fantastic Shai
[13:18]   Tejpreet : (13:11) Tejpreet :Shai levels and views on BN post budget.
[13:18]   Davis : including 72 ce?
[13:18]   Uttam : Shai levesl for 7000CE?
[13:19]   Arvind : its like a vertical take off
[13:19]   r m : yeah, Shai’s flag hoisting 🙂
[13:20]   Arvind : gr8
[13:20]   Tejpreet : STT hike refunded by Shai for the entire year in one trade 😉
[13:20]   r m : lol
[13:20]   Jigs : lol
[13:20]   DrBansal : shai,7200 ce near first tgt 7135.
[13:21]   Shai : Positional 7200 ce at 107 now – part book as we are near the 7135 F Obj and carry balance at cost
[13:21]   Sachin : part book 7200CE?
[13:21]   Kris : Exited a few more 7300CE at 70 – rest trailing at 59. Safe trade now.
[13:21]   Navaneeth : @Shai, Is Strangle stop loss at cost now? If yes we have to put in system or just to watch.
[13:21]   Jigs : (09:29) Shai :last year we went into budget with a high NF and high expectations and came off – this time with 0 expectations I think we rally
[13:22]   Sameer : This is good setup where weak hands short … is there anyway I can chek that from order flow chart ?
[13:22]   Rahul P : shai, charts stuck??? plz check
[13:23]   Shai : charts ok?
[13:23]   r m : @Navaneeth, strangle exited
[13:23]   Kris : @Shai – still unable to play these neutral extremes/trend days well – probably some stick only will improve me – carrot is not working 🙁
[13:23]   r m : sorry, that was straddle
[13:23]   Nagarajan : no
[13:23]   Nagarajan : chart not updated
[13:23]   r m : chart being updated but sluggish
[13:24]   Ashish : Shai, 30 minute and daily charts needs to be shifted..
[13:24]   Shai : tciks moving quick
[13:24]   r m : yes, the data bus is clogged 🙂
[13:26]   Ashish : Thanks Shai
[13:26]   Rahul P : shaim big reds piling at top again….signs of danger ??
[13:26]   Rahul P : ohh, the algo at 7118
[13:26]   Saurabh : great call shai …
[13:27]   Shai : Cheers
[13:27]   Shai : BNf has done 840 today !
[13:27]   Sachin : thank you shai…
[13:28]   Shai : That STT change is from 01 June
[13:28]   Vikkas : Nayantara Rai@NayantaraRaiExclusive: RBI may announce out of turn rate cut within 24 hours as govt stuck to fiscal deficit target: sources
[13:28]   Shai : @Navaneeth don’t put SL monitor it manually
[13:29]   Sameer : Nayantara, a smart lady….Not worth ignoring
[13:30]   Rahul P : shai, any view on the algo at 7118
[13:30]   Vikkas : trade looking at charts and not what u hear sameer 🙂
[13:30]   Sandy : yes
[13:32]   r m : if a tv reporter knows something then you can bet that market has already acted on it 😀
[13:32]   Jitender : +1 rm
[13:32]   Sameer : Agreed Vikkas, but Nayantara gives reliable news on Twitter…Personal Experience
[13:33]   Shai : vix still at 20.2
[13:33]   Shai : is weak below 20.88
[13:33]   r m : touched 19.35 and bounced back
[13:33]   Sameer : where are 1L buyer or seller …its budget day
[13:34]   Shai : 16.20 is tgt on vix now sl of 22.6
[13:34]   Ashish : Shai, can we say that a short term bottom has been made today?
[13:34]   Sachin : bottom?
[13:35]   RK : budget speech over?
[13:36]   Navaneeth : ok Shai, will watch
[13:36]   Shai : Ashish fairly good but price conf is a move abv 7135/60 only prefreably clsing basis
[13:37]   r m : @RK, long back, Jaitley was getting tired 🙂
[13:37]   RK : thanks RM
[13:37]   Ashish : OK got it Shai..
[13:38]   Sameer : AJ might have disappointed in the Morning becuaze he may have bought OTM calls
[13:38]   r m : lol
[13:38]   r m : he is an honest chap
[13:38]   Saurabh : AJ
[13:38]   Jigs : will do a exclusive interview with BD today
[13:38]   Saurabh : AJ BD 🙂
[13:41]   Jitender : Vikkas r u sure abt stax incr to 15%
[13:41]   Nagarajan : BNF no trade?
[13:42]   Vikkas : i saw it flashed on CNBC
[13:43]   Jitender : hmmm..k tx
[13:44]   r m : which tax Vikkas
[13:44]   Viral : vikkas are u sure ?
[13:44]   Vikkas : service tax increased to 15%
[13:44]   Vikkas : i saw it flashed on cnbc 500% sure
[13:44]   Vikkas : but yet i will wait for the fine print to come out
[13:44]   Chirag : heard about increase in service tax on ATF
[13:44]   r m : ok, thanks
[13:45]   Vikkas : 🙂
[13:45]   Jitender : Vikkas tat mite b surghare incr to 15% for corporates…
[13:45]   Jitender : surcharge
[13:45]   Rahul P : wher is vwap ??
[13:46]   Jitender : with this huge movement in nf…& making 100 points on Shai…we can adjust a little incr in Service tax:)
[13:47]   r m : lol
[13:47]   r m : now trade only futures, STT up on options 😀
[13:48]   Chirag : trying to increase liquidity in futures. :p
[13:48]   Jitender : Rm..pass it to yr broker…have already called him & got a commitment:)
[13:49]   r m : but option STT is negligible, it is on premium only unless one forgets to cash the ITM option at expiry 🙂
[13:49]   r m : Good Jitender, keep twisting their arms 🙂
[13:49]   Rahul P : rm, nf vwap plz
[13:49]   Jitender : yes…depending on brok…incr wud b in 20paise to 80paise
[13:50]   Jitender : @rm…lol
[13:50]   r m : @Rahul, 7006 on my chart
[13:50]   Rahul P : thanks
[13:50]   Jitender : Shai..shorting nf levels,pls
[13:50]   r m : 7011 here
[13:50]   Shai : hold 7200 ce with 72 as TSL
[13:50]   Vikkas : charts have become soo messy with todays move 😐
[13:51]   r m : yes Vikkas, real estate not enough for these kinds of 5 minute bar 🙂
[13:51]   Sameer : How we should interpret previous big red cancdle with lot of REDS but not significant value in each cell
[13:52]   Vikkas : haha rm ..bhurj khalifa glaore on 5 mins TF
[13:54]   Shai : exiting and coming right back in
[13:54]   Jitender : (13:50) Jitender :Shai..shorting nf levels,pls
[13:55]   Viral : shai at what level did the algo trade ?
[13:55]   Vikkas : @Jit shai is re-logging ..
[13:55]   Vikkas : @viral 7118.xx someting
[13:55]   Vikkas : if i remember ..pls dbl chk
[13:55]   Vikkas : 7118.10
[13:56]   Vikkas : extreme left of the screen on 5 mins u can yet see it
[13:56]   Jitender : tx Vikkas
[13:56]   Sameer : big OI additions at 7200CE and 6800PE…is range of 7220-6930 still likely to be alive over next few weeks ?
[13:57]   Viral : yes vikas
[13:57]   Viral : but thats the bottom of the 5min bar
[13:57]   Viral : cant see the level
[13:57]   Viral : 7118?
[13:58]   Vikkas : top of 5 mins chart
[13:58]   Saurabh : shai left ??
[13:58]   Vikkas : NF chart
[13:58]   Vikkas : see the purple color
[13:58]   Viral : yes saw it thanks
[13:58]   Vikkas : 🙂
[13:58]   Vikkas : (13:54) Shai :exiting and coming right back in
[13:59]   r m : @Saurabh (13:54) Shai :exiting and coming right back in
[13:59]   Vikkas : ihaha rm :p
[13:59]   r m : 🙂
[13:59]   Nagarajan : All Green in BNF?
[13:59]   Vikkas : Rm did the dpoc just shift up
[14:01]   r m : it did on my charts
[14:01]   r m : with that 8110 algo 😀
[14:01]   Vikkas : ok thanx
[14:01]   Vikkas : haha
[14:01]   r m : *7118 🙂
[14:02]   Viral : haha
[14:02]   Porus : Is algo singular of algae?
[14:02]   Vikkas : 😉 8110 dekhe ab time ho gaya RM..jaldi laao usko ab :p
[14:02]   Saurabh : Thanks
[14:04]   r m : @Porus 😀
[14:04]   r m : algae never rithms 🙂
[14:04]   Uttam : 1.2L buyer
[14:05]   Viral : big buyer
[14:05]   Shai : Buy NF for 7142 sl of 7060
[14:05]   Ravi : what is the buy price
[14:05]   Viral : was that u shai …1.2 l buyer
[14:05]   Viral : :p
[14:05]   Shai : cmp
[14:06]   Sameer : 7098
[14:06]   Sameer : 1.2L Buyers
[14:06]   Shai : Buy NF at cp 7097- 7100 sl of 7059 tgt 7142/ 7164
[14:07]   Shai : Sl is IBH – palying for a neutral extreme
[14:09]   Navaneeth : Shai, Straddle loss at 30 Points. Isn’t it?
[14:10]   Varun : shai cn we have full profile nf
[14:11]   Shai : Exit the NF long trade here – 7085/90- We will stay flat
[14:11]   Shai : There is one move expected around 2.45- 3.00 pm and can go either way- hence choosing safety here
[14:12]   Varun : shai cn we have full profile in inf
[14:12]   Varun : test
[14:12]   Varun : die
[14:12]   Varun : wtf
[14:12]   Saurabh : pass
[14:12]   Vikkas : varun
[14:12]   Sandy : what test varun…UT/ST 🙂
[14:13]   Varun : test
[14:13]   Varun : wht yaar my net conncetion ditchin it seems
[14:14]   Varun : shai full profile of nf
[14:14]   Varun : just logged in
[14:14]   Vikkas : chk ur slack varun ?
[14:14]   Varun : thanks
[14:14]   Shai : full day profile very big today 🙂
[14:14]   Ravi : Shai sir did not exit at that level..
[14:15]   Varun : thanks shai
[14:15]   Saurabh : ravi shud exit now i guess
[14:15]   Nagarajan : chart struck
[14:15]   Nagarajan : ok
[14:16]   Shai : normally I would take the neutral extreme play but on budget day one move comes around 3 pm just before closing
[14:16]   Varun : cn u do some adjustment in 30 min
[14:16]   Varun : so cn see entire value
[14:16]   RK : after the faxes flying out Shai? 🙂
[14:16]   Varun : bulls win today
[14:16]   Varun : tail is thr
[14:16]   Varun : buy the dips
[14:16]   Varun : my 2 but
[14:17]   Varun : bit
[14:17]   Vikkas : agree varun
[14:17]   Vikkas : long tail in both NF & BNF
[14:17]   Uttam : the tail is truly prominent
[14:17]   Shai : yes they fly by 3 pm : (14:16) RK :after the faxes flying out Shai? 🙂
[14:18]   Shai : 🙂
[14:18]   Uttam : needed this kind of a rejection for bulls to get more confident
[14:18]   Shai : tail is there but I’m comfy with a trade abv 7135-7155 where the vols came in expiry week
[14:18]   Shai : 7151 was the FA
[14:18]   Shai : for longs that is
[14:18]   RK : I personally expect one more hit sub 7000
[14:19]   RK : if this wants to scale high today
[14:19]   Vikkas : with u on that one RK
[14:19]   Shai : for now the dip buyer is the winner but not good r/r for a new long here
[14:19]   Sameer : bulls, bears pls decide karlo…hum yaha bajume bethe hai
[14:19]   Shai : +1- (14:18) RK :I personally expect one more hit sub 7000
[14:19]   Uttam : charts stuck
[14:19]   Shai : and that dip should show greens
[14:19]   RK : yes
[14:20]   Sameer : ehere is kris…counting profit 🙂
[14:20]   Uttam : seems to be some lag in the charts?
[14:21]   Nagarajan : @Shai -will revisit 6840?
[14:21]   Jigs : FM, live on LSTV
[14:21]   Nagarajan : poor low
[14:21]   r m : @Jigs, phir to dip pakka 🙂
[14:22]   Jigs : 🙂
[14:22]   RK : no poor low Nagarajan
[14:22]   Rahul P : shai, snp is in bad shape….seems 1893 again on cards
[14:23]   Uttam : poor high though I guess?
[14:24]   Varun : shai wht do u read abt 16 stacks of sellers a t top
[14:25]   Varun : 14-16
[14:25]   Shai : dip buyers booked
[14:25]   Varun : k thanks
[14:25]   RK : Fundamentally what’s in budget for mkts to rise?..just a layman’s question and I have not yet read any news related to budget..
[14:26]   r m : there is nothing negative in it 🙂
[14:26]   RK : negative we have plently across globe..so I just need to know +ve that can scale us above in Asian region
[14:26]   Jitender : & rate hike to happen as per chatter
[14:26]   Sameer : there no ltcg tax 🙂
[14:27]   RK : SAmeer that was rumour
[14:27]   Viral : budgeted expenditure lower than expected
[14:28]   Sameer : rumour turnned out to be wrong…is also good news 🙂
[14:29]   Jitender : @RK..imho, wich is often wrong, if nifty doesn’t scale up 7135 by eod conclusively we will sync with globe today itself
[14:30]   RK : Jitender..yes I want solid price action above 7150 today/tmw else budget non event
[14:32]   Varun : cn someoone give me adip to 6970 types once
[14:33]   Viral : quoting shai , from the weekly report
[14:33]   Viral : he fact remains that major events such as the Budget or the RBI or the FED carry with it the possibility of triggering large-scale inventory change and the possibility of extremely longer term players changing their outlook
[14:34]   Sameer : @Viral…I think 7220 is resistance level by Shai
[14:34]   Viral : yes but read what he writes
[14:34]   Viral : long term players get a chance to switch
[14:34]   Viral : at such events
[14:36]   Uttam : one 62k seller @ bottom in 30 mins
[14:36]   Uttam : Shai could you move up the 30 min chart slightly?
[14:36]   RK : Uttam 67500 at top of prev candle
[14:36]   RK : buyer
[14:37]   Uttam : oh yes RK, you traded that 😉
[14:37]   RK : noway 🙂
[14:39]   Uttam : thanks Shai
[14:40]   Sameer : @Shai … Is big move expected now in next 40 minutes ?
[14:40]   RK : Charts running slow with me or with everyone?
[14:40]   Vikkas : with everyone today it seems rk
[14:40]   RK : that’s good then 🙂
[14:41]   Shai : running slow?
[14:41]   Uttam : yes there seems to be some lag
[14:41]   RK : Yes Shai prices lagging the terminals by 5-10 secs
[14:42]   Muhammad : Slow charts were better than no charts…
[14:42]   Vikkas : price not updating immediately shai
[14:44]   RK : on budget day NF is flat when we have just 45 mins to close :)..someone who was not in live mkts will say “what budget! no moves in mkt! ” 🙂
[14:44]   Vikkas : lol
[14:45]   Uttam : sellers
[14:45]   Uttam : 96k
[14:46]   Sameer : order flow numbers in latest(last) candle not visiblr
[14:46]   Saurabh : 2:45 here
[14:46]   Saurabh : test
[14:47]   Shai : dropping t 7105 sl of 7057
[14:47]   Shai : 7015*
[14:49]   Varun : i see 3 figs for vwap
[14:49]   Varun : 7037
[14:49]   Varun : 7020
[14:49]   Varun : 7016
[14:49]   Vikkas : middle is vwap
[14:49]   Varun : middle
[14:49]   Varun : ?
[14:50]   Varun : see left of page
[14:50]   Vikkas : 7020
[14:50]   Shai : 7020 is the most accurate based on ticks
[14:50]   Saurabh : please pass my test
[14:50]   Shai : the other 1 is from 1 min data
[14:50]   Shai : may differ today as vol was spiky at extremes
[14:51]   Varun : cool
[14:55]   Shai : BNf has been wild today
[14:55]   Navaneeth : trailing s.l hit in 7200
[14:55]   Navaneeth : @ cost
[14:56]   Shai : short BNF 13920 – 13950 sl of 14165 tgt 13555- go with 50% qty in this trade
[14:57]   Shai : positional
[14:57]   DrBansal null : shai,7200 ce hit sl 72.
[14:57]   Jitender : 190 dne on nf..100 on Shai’s call & 90 from 7105-7015
[14:58]   r m : @Jitender, good budgeting 🙂
[14:58]   Jitender : lol..yh
[14:58]   Shai : 7200 ce TSL taken – exit . Flat now
[14:59]   Jitender : max points in a day..this yr on nf
[14:59]   r m : great!
[14:59]   Shai : Nice Jitender!. Congrats
[14:59]   Jitender : tx ji
[14:59]   Jitender : tx Shai
[14:59]   Sandy : super jitender 🙂
[14:59]   Jitender : tx…
[15:00]   Vikkas : super jit
[15:00]   Jitender : tx buddy
[15:02]   Nagarajan : @Shai – carrying 7500CE positional avg 18.00 is it suggested. pls
[15:04]   Hari : @shai, wild sings in BNF should we short only in the range you mentioned
[15:05]   Hari : or can we short in cmp
[15:05]   Nagarajan : wild swing
[15:07]   Shai : can short here – maintain sl
[15:07]   Shai : have suggested 50% qty on the trade
[15:08]   Saurabh : can all see the chart ?
[15:08]   Shai : closing looks to be back in the bracket
[15:09]   Saurabh : now i can also
[15:12]   Uttam : close above 14040 would have been munimum bulls would want Shai?
[15:12]   Vikkas : charts stuck again
[15:12]   Uttam : minimum*>
[15:12]   Uttam : working well here
[15:13]   Jitender : Shai..buy Pe’s & carry ?
[15:13]   Vikkas : thanx uttam
[15:13]   RK : Charts not in rhythm today..stuck and then moves but not consistent
[15:13]   Vikkas : +1 rk
[15:16]   Vikkas : anyone noticed the big seller in NF 5 mins
[15:17]   RK : Shai can you show last 30 mon candle BNF bottom
[15:17]   RK : 30 min
[15:19]   RK : fine
[15:20]   Shai : Jitender avoid till tom open- planety of white 7010- 7070
[15:20]   Jitender : k..tx
[15:21]   Shai : dpoc 7030 holds the key tom
[15:21]   Shai : we are a neutral center today in both
[15:21]   RK : purely based on price action the day how it ends here is bullish
[15:21]   RK : or atleast not bearish
[15:22]   Ravi : we are holding BNF short
[15:22]   Varun : (14:32) Varun :cn someoone give me adip to 6970 types once
[15:22]   Ravi : that is right Shair sir
[15:22]   Varun : haha listened
[15:22]   r m : 🙂
[15:24]   RK : it whipped twice up and down and closing at upper range..chances are less again for lower side without small upmove..just a raw observation from price action..
[15:24]   r m : +1
[15:24]   Jitender : +1 Rk
[15:24]   RK : VArun couldnt wait and jumped in at 6990
[15:27]   Sandesh : Hi Shai.. shorted BNF at 14060, 14165 sl/
[15:27]   DrBansal null : shai,bnf at 14011,add short more here or carry tom?
[15:27]   Sandesh : ?
[15:28]   Shai : plan remains the same- don’t change plans midway
[15:29]   Shai : (14:56) Shai :short BNF 13920 – 13950 sl of 14165 tgt 13555- go with 50% qty in this trade
[15:29]   Shai : if you got a better entry take it
[15:29]   Ashish : Thanka and bye all
[15:29]   Nadeem : I am still holding : sell 7400 -6400 stangle ; sell 7400 ce at 37 and 6600 pe at 56
[15:29]   Nadeem : ?
[15:29]   Shai : remains a hold
[15:29]   Sandesh : done
[15:29]   Saurabh : yes holding it
[15:30]   Shai : only intra day trades are closed guys
[15:30]   Vikkas : bye all ..happy evening
[15:30]   Jitender : bye all….
[15:30]   Shai : positions stays open till Sl or tgt or partbooking order
[15:30]   John : bye all 🙂
[15:30]   Shai : positionals***
[15:30]   Shai : Bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Tejpreet : Bye All.
[15:30]   Shai : have a nice evening
[15:30]   Viral : bye all
[15:30]   Nadeem : bye all ..
[15:30]   Ravi : bye all
[15:30]   Suresh : bye all
[15:31]   Porus : bye all
[15:32]   Arvind : bye all
[15:33]   Uttam : 29k sellers @ close 14065

Get Image Orderflow Charts And Notes 29/02/16

Custom Chat Transcript

Room Name: Vtrender
Date and Time: February 29, 2016 09:17:03

[10:25]   Venkateswara : @Shai – View on Snp pls..
[10:27]   Shai : spx?
[10:27]   Saurabh : i guess yes
[10:29]   Venkateswara : Yes
[10:29]   Shai : 1933 intra day supp- came off friday from 1962 in day session did not cross
[10:29]   Shai : 1970 and 1915 are weekly levels to watch spx futures this week
[10:32]   Nagarajan : @Shai Intra LEVEL FOR VEDL
[10:53]   Shai : vedl intra supply at 74.2 – still in the 69.5- 74.5 range
[10:54]   Ravi : Shai sir i am not sure sure if i can ask Stock levels here in Omnovia.. Can you please suggest on ITC and LICHousing Finance for intraday..
[11:00]   Viral : shai ur view on tisco for ID & positional?
[11:04]   Shai : itc watch 298 and 283
[11:05]   Shai : intra day weak below 287 ad res abv 292
[11:05]   Shai : lic 423 res and supp 395
[11:06]   Shai : intra day lic strong abv 413
[11:08]   Shai : 255 res in tata steel – supp 244 intr
[11:16]   Vikkas : M&M killing it
[11:32]   Ashok : @shai…intra day level for auro pharma
[11:35]   Viral : shai ur view on SBI?
[11:52]   Sandesh : HI SHAI.. GOOD MONRING.. VEIW ON SBI AND ICICI PLEASE
[12:10]   Shai : have checked out of the stocks charts as prices were not updating- will update post speech- kindly bear
[13:17]   Tejpreet : Shai views on Maruti , positional.
[13:24]   Shai : tick movement is very quick – kindly hold with stock queries
[13:25]   Tejpreet : No issues ….stocks info van be given post market.
[13:25]   Tejpreet : can
[13:26]   Saurabh : great call shai
[15:09]   RK : Maruti pure assault..very bad