OrderFlow charts and Notes 02/03/16

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Bnf_Tick Footprint_5_Bnf Footprint_5_Nf Nf_Tick

 

 

Get Image Orderflow Charts And Notes 02/03/16

History of room Announcements

 

Room Name: Vtrender
Date and Time: March 02, 2016 09:10:19

[09:05]   Shai : (09:00) r m:http://vtrender.com/evening-report-trade-dated-01st-march/
(09:01) r m:http://vtrender.com/orderflow-charts-and-notes-010316/

[09:17]   Shai : 7332.000 at 09:17:01 POSITIONAL : Alerto recommends a part book here and moving SL to cost for the trade

[09:24]   Shai : (09:24) Shai :7400 CE APRIL at 160- made high of 170 Part book and move SL to 107 on the trade

[09:57]   Shai : (09:57) Shai :Keep an NF buy abv 7341 sl of 7299 tgt 7372/ 7422- intra

[10:18]   Shai : (10:18) Shai :NF at 7350 – hgh of 7355- exit from the long trade at cmp,

[10:28]   Shai : (10:28) Shai :Buy 7400 ce at 118 sl of 83 tgt 148/ 182 – hold till close

[10:42]   Shai : (10:42) Shai :Make an exit from the 7400 ce at 105 now-

[11:36]   Shai : (11:36) Shai :re buy NF 7342- 7345 sl of 7299 tgt 7372/ 7422

[12:50]   Shai : (12:50) Shai :NF at 7362 – part book intra longs move tsl to 7339

[13:22]   Shai : (13:22) Shai :enter SL at 7342 in system for the balance NF – exit if taken

[13:51]   Shai : (13:50) Shai :Positional Call : Sell 7500 CE April and 7300 PE April for a net 295 ( sell 7500 ce for 122 and sell 7300 pe for 170) . Sl of 347 on pair and tgt 225/163

[14:54]   Shai : (14:53) Shai :7400 ce at 178 – Nifty is 30 short of our swing tgt- recommend booking 7400 april fully at 178. Trade closed

[14:56]   Shai : (14:55) Shai :positions open : strangle 7573 and 1 part NF in positionals

Get Image Orderflow Charts And Notes 02/03/16

General Chat Transcript

Room Name: Vtrender
Date and Time: March 02, 2016 09:10:19

[08:46]   Venkateswara : Good Morning
[08:46]   Vishwanath : hi everyone
[08:46]   Vishwanath : Could someone point me to the links to study order flow and footprint charts
[08:51]   Jitender : Gm Shai, Rm, Folks:)
[08:51]   Jitender : Vish pls check yr welcome mail & the #learning-strategies channel in slack have also all the links…
[08:52]   Suyog : Good Morning everyone.. 🙂
[08:54]   Vishwanath : Thanks Jiten
[08:57]   Deepak : GM All
[08:59]   Nadeem : GM all
[08:59]   r m : Good Morning folks!
[09:00]   r m : My PC protesting against EPF taxation, am still struggling with it 😀
[09:00]   Jitender : Gm ji
[09:00]   r m : Hi Jitender jee 🙂
[09:00]   r m : http://vtrender.com/evening-report-trade-dated-01st-march/
[09:01]   r m : http://vtrender.com/orderflow-charts-and-notes-010316/
[09:01]   Chirag : Gm everyone.
[09:02]   Suresh : Gm All
[09:02]   Saurabh : gm all … Thanks Shai for the wonderful overnight positons
[09:02]   Arvind : GM all
[09:03]   Vikkas : Gdmrng all
[09:03]   Venkatesan : gm shai,rm adn to all
[09:03]   Vikkas : Hi Rm & Shai
[09:04]   Shai : GM all
[09:04]   Sharad : GM All
[09:04]   Ashish : GM all
[09:04]   Sachin : GM all
[09:05]   Ashok : GM all
[09:05]   Chirag : Shai,can you please mention levels for 7400 CE march?Only if time permits.
[09:05]   r m : Hi Venkatesan, Vikkas
[09:06]   Radhika : GM all
[09:06]   Tejpreet : GM All.
[09:08]   Suyog : @Shai do we start accumulating longs / calls in the beginning or wait for a dip and if wait, then till what level ? I exited all long positions yesterday.. but now regretting it as market is again 100 point gap up..
[09:09]   Shai : SGX pointing to open at first VPoc of 7340
[09:09]   r m : @Suyog, all entry, stop, exit levels are announced here and on slack by Shai, you just have to follow them
[09:10]   RK : GM Shai,RM and all
[09:10]   Suyog : ok, thanks.. got a bit impatient seeing the rush 🙂
[09:10]   Deepak : No positions Shai 🙁
[09:10]   r m : Hi RK
[09:10]   Shai : 7301 ref line for the open
[09:10]   Deepak : Had a meeting yetday after 2:30, exited them all
[09:10]   RK : Thanks Shai for reverting back to old format report..good to start the day with the usual report 🙂
[09:10]   r m : @Suyog, positional is a game of patience (not that I have it) 🙂
[09:10]   Vikkas : +1 RK
[09:11]   Shai : Pleasure RK
[09:11]   Tejpreet : Apart from announcements follow the chat , small nuances by Shai . Like he mentioned short queeze of reds in OF/ stay in rally got more legs .
[09:11]   Deepak : Shai if you can highlit levels for 7400 CE march
[09:12]   Suyog : right.. ok
[09:12]   Shai : 7420/ 15200 are the MT levels to watch on closing preferably weekly closing
[09:12]   RK : and the legs are turning into wings 🙂
[09:12]   r m : 🙂
[09:12]   Shai : we should know there whether we have a reversal to 8400 types or a pullback
[09:13]   Shai : MT view
[09:13]   Tejpreet : haha rk …soaring away almost 500 ft now from the lows !
[09:13]   r m : @Tejpreet, and Shai has been warning from the weekend Spot review days 🙂
[09:13]   Shai : those who missed the bus- can wait for next one- thse who are in it keep riding
[09:14]   Sachin : shai, any fresh positions for today?
[09:14]   Tejpreet : True rm !
[09:14]   Sachin : gap up opening..
[09:14]   Nagarajan : @shai – awaiting for bus – pls let me know the right one…………
[09:15]   Sameer : PSU bank asset revaluation is big news
[09:15]   Sameer : afterall they have so many lands and real estate prop.s valued at few thousand rupees
[09:17]   Sameer : now just with balance sheet adjustments many PSU banks will trade at < 0.1 PB ratio 🙂
[09:17]   Shai : 7332.000 at 09:17:01 POSITIONAL : Alerto recommends a part book here and moving SL to cost for the trade
[09:17]   John : Good morning Shai, RM and all 🙂
[09:17]   Varun : shai i checked feb 9-15 th profile on site
[09:17]   Varun : are they updated to march vLues auto
[09:18]   Varun : like it mentions singles spike from 7480/7360
[09:18]   Varun : do i need to adjust 45 points or adjusted
[09:18]   Sameer : not just big news but big reforms
[09:19]   r m : Hi John 🙂
[09:19]   Shai : OPen at VPOC of 7340- day high 7340
[09:20]   Shai : Suggest still keeping one last position open for the tgt mentioned- keep riding
[09:20]   Sachin : shat, is it a good time to enter NF longs
[09:20]   Saurabh : SBI 8 % up .. What the …..
[09:20]   Shai : Will try to update those who missed with a new swing call – but on gap up open a new entry is difficult
[09:20]   Sachin : ok
[09:20]   Sandy : won my first zerodha 60 day challenge thanks to the awesome days here 🙂
[09:20]   Varun : shai cn u post march 7500/7300
[09:21]   Varun : profile for ref
[09:21]   Sachin : great sandy
[09:21]   RK : Sandy Congrats!
[09:21]   r m : Congrats Sandy!
[09:21]   Sameer : Coongrats Sandy!
[09:21]   Tejpreet : Keep on rolling Sandy . Congrats !
[09:21]   Nadeem : congrats Sandy
[09:22]   Jitender : Congrats Sandy
[09:22]   Shai : Congrats Sandy- classic
[09:22]   Chirag : Congratulations sandy. 🙂
[09:22]   Deepak : Thanks Shai
[09:22]   Deepak : Congrats Sandy
[09:22]   Vishwanath : Congrats Sandy
[09:23]   Sandy : thanks guys 🙂
[09:23]   r m : @Varun- http://screencast.com/t/f238re6b5N
[09:24]   Varun : so rm is this adjusted
[09:24]   r m : this is march price and volume
[09:24]   Sharad : wow ….Great work Sandy……
[09:24]   Varun : thanks
[09:24]   RK : Varun this is March traded then
[09:24]   Shai : 7400 CE APRIL at 160- made high of 170 Part book and move SL to 107 on the trade
[09:24]   Jitender : +1
[09:25]   r m : @Varun, NF and BNF all series data available sirjee, awaaj to lagao 🙂
[09:26]   RK : surprise 1000 this is 🙂
[09:26]   Shai : looksnlike an OAOR
[09:26]   Shai : some signs of profit booking at the highs
[09:26]   Varun : rk has done a 1000 on bnf
[09:26]   Sandy : wowwww
[09:27]   Sandy : super rk once again
[09:27]   John : wow RK, superb 🙂
[09:27]   RK : 🙂
[09:27]   Viral : awesome RK!
[09:27]   Shai : Super RK 🙂
[09:27]   r m : @RK, great man, will have to taste Karur’s water (or maybe single malt) 🙂
[09:27]   RK : thanks Shai..
[09:27]   Sharad : Great RK…..we need 2000 more now from you
[09:27]   Tejpreet : RK congrats.
[09:28]   RK : only regret is reduced some posn at 14440 yday 🙂
[09:28]   r m : 🙂
[09:28]   RK : for 500
[09:28]   Chirag : Good traders are the silent ones.Congrats RK. 🙂
[09:28]   Uttam : super RK 🙂 & congrats Sandy
[09:28]   Varun : its not regret rk, its a system, if u dnt take partial, u mite never get 1000
[09:28]   RK : thanks folks 🙂
[09:28]   r m : @Varun +1
[09:29]   Sachin : awesom RK… You are the Star of the Day !
[09:29]   Shai : That’s a trader RK- No regrets – booking profits never hurt anyone
[09:29]   Jitender : Congrats RK
[09:29]   Shai : Happy to see a room full of cheer this morning 🙂
[09:29]   Ashish : Congrats RK
[09:29]   Nadeem : @RK+1
[09:29]   RK : Varun two things I was not believing – to hedge and part booking..now started part booking in index recently 🙂
[09:29]   Ashok : congrats RK
[09:30]   RK : True Shai..as a trader we regret for everything..missing profits also one such 🙂
[09:31]   Shai : 7301 ref line
[09:31]   Shai : looks like coming off the VPOC visist
[09:31]   Shai : let’s see if 7300 shows greens
[09:32]   Shai : 7340 is VPOC – touched but not taken
[09:33]   Shai : we would be looking to add longs abv 7340 today with SL of 7297 for thse who missed – tgt 7372/ 7428 intra
[09:34]   Lakshay : poc on 9 feb was 7320 , how did you got adjustment of 20?
[09:35]   r m : poc on 9feb for March series
[09:35]   Lakshay : ok
[09:35]   Uttam : also premium was 20 points on 25th feb for March
[09:35]   Deepak : ok shai
[09:36]   Varun : shai bracket high 7286 ?
[09:36]   Varun : march ?
[09:36]   Navaneeth : @Shai, Nifty Hold with cost to cost for rest 50%?
[09:38]   Shai : yes holding last part of 4 for tgt of 7471
[09:38]   Shai : sl at cost – so it is risk free
[09:39]   Shai : OAOR confirms
[09:39]   Navaneeth : ok
[09:39]   Shai : 14855/ 7301 ref levels on downside
[09:39]   r m : (*** Private to Lakshay ) http://screencast.com/t/O5wCjhic8NW
[09:41]   Saahil : Shai where isthe next major resistance for BNF ?
[09:48]   r m : 15100 spot is the upper part of this range as per weekly view on spot
[09:49]   Saahil : Thanks rm
[09:49]   r m : welcome
[09:52]   Uttam : fight on @ vwap
[09:55]   Sameer : NF in discount
[09:55]   Sameer : by -12 points
[09:55]   Suyog : a question, future is trailing spot by 5 – 6 points.. does this indicate weakness or is it normal after such gap ups..
[09:57]   Uttam : sustaning above vwap, now for some greens to go long…
[09:57]   Shai : Keep an NF buy abv 7341 sl of 7299 tgt 7372/ 7422- intra
[09:58]   Shai : Sl is a bit bigger than tgt 1 but I have to respect the levels from MarketProfile than throw random numbers around
[09:59]   Shai : so position size for a 42 point sl
[09:59]   Sachin : shai, whats the significance of sl level 7299
[09:59]   Shai : LVN
[09:59]   Sachin : low of the day !
[10:00]   r m : Low Volume Node
[10:01]   Sameer : how low volume is significant/useful ?
[10:01]   r m : Price responds fast to that generally
[10:01]   Saurabh : bought ?
[10:01]   r m : it is by nature an unfair value area 🙂
[10:02]   Sameer : yes but whats theory … just asking please ignore if annoying q especially when NF near 7341
[10:02]   Saurabh : high just took my buy price . SAL at 7299 now 🙂
[10:02]   r m : I don’t know theory, only observations 🙂
[10:02]   Sameer : ok
[10:02]   Ravi : mine too was bought at 7341
[10:03]   Nadeem : bought @7341.
[10:05]   Uttam : wow that 1 contract @ day’s high is mine 😉 7344
[10:05]   r m : looks like it will go up again, options are getting pricier
[10:06]   Uttam : yep @rm
[10:06]   Saurabh : ha ha utam
[10:06]   Uttam : 🙂 Saurabh
[10:07]   r m : @Uttam, that is the curse i buying the strength – there is always the chance of proving strongest 😀
[10:07]   Uttam : yep @RM
[10:08]   Sameer : aaj kal woh 1L wale buyer / seller nahi dikhte with lot of 0 * 0 (Pure Algo Trading)
[10:08]   Uttam : one 72k seller @ low on 30 mins
[10:08]   Uttam : it could also be longs booking out
[10:09]   Uttam : but if that is a new seller, will come under pressure to exit
[10:09]   Sameer : Nifty showing respect to Shai’s level 7340
[10:10]   Uttam : finally looks like I have company now 😉
[10:10]   r m : 🙂
[10:10]   Nadeem : 🙂
[10:11]   Nadeem : its always lonely at top 🙂
[10:11]   Jitender : Shai..can u pls increasethe fontof 30min nf
[10:11]   Jitender : incr the
[10:12]   Sameer : Asset Revalution is real game changer …. Today’s upmove has nothing to with Budget or global moves
[10:12]   Sameer : in PSU bank
[10:12]   r m : small IB compared to average range, may get good range extension today
[10:13]   Shai : anybody monitoring OI at 7300
[10:13]   Shai : 7300 pe
[10:13]   Sameer : http://timesofindia.indiatimes.com/business/india-business/Banks-likely-to-be-allowed-to-revalue-real-estate-assets/articleshow/50819085.cms
[10:13]   Sharad : 7500 call writers started to reducing
[10:14]   Jitender : OI incr of 8.16 lacs
[10:14]   Porus : Shai, incresed by 8lacs. pcr 0.71
[10:14]   Uttam : has added almost 8L today Shai 7300pe & 7300 ce is reducing down by 4L
[10:14]   Shai : 7300 pe looks headed to 80
[10:14]   Jitender : total 23lacs
[10:14]   Shai : 88
[10:14]   Davis : why nifty spot above fut
[10:14]   Sameer : 8L additions(heighest for today)
[10:15]   Porus : But max pain still at 7200
[10:15]   Shai : yes aggressive support at 7300 building up
[10:15]   Uttam : 7300 pe looks like having some support @ 100
[10:15]   Jitender : (10:11) Jitender :Shai..can u pls increase the font of 30min nf
[10:15]   Jitender : tx
[10:16]   Shai : system is set for a defined range but last 3 sessions it’s been very high
[10:17]   Uttam : ibh break in inauspicious time but guess few days can be exceptions 😉 @Kris you there?
[10:17]   Jitender : ystrdy was an addition of 6.20 lacs in 73pe
[10:18]   Shai : NF at 7350 – hgh of 7355- exit from the long trade at cmp,
[10:19]   Sameer : Should we exit longs bought at 7341 ?
[10:19]   Shai : yeah brown is for intra
[10:20]   Saurabh : s sameer
[10:20]   Shai : looking a bit risky here
[10:20]   Shai : for intra only
[10:21]   Shai : step back a bit and see what the mkt wants to do now
[10:22]   Sameer : @Shai … Whats happened suddentely… something interesting to learn
[10:22]   Sameer : please share Shai
[10:23]   Sameer : ?
[10:25]   Sameer : hello
[10:25]   Shai : vol isn’t there- we will wait at vwap
[10:25]   Sameer : ok
[10:26]   Jigs : charts
[10:26]   Saurabh : +!
[10:27]   Saurabh : +1
[10:27]   Chirag : BNF up 4%!!
[10:27]   Saurabh : anyone buying puts in sbi , icici ? icici up 25 % from lows
[10:28]   Shai : Buy 7400 ce at 118 sl of 83 tgt 148/ 182 – hold till close
[10:28]   Shai : going with this 1 – looks safer and is an all day trade for obj of 7410/ 30 spot
[10:29]   Shai : NF we will buy if we get a di to vwap
[10:32]   Arun : Morning shai said 7340 VPOC, how to identify that, where to figure out. can anyone plz explain
[10:32]   John : @RK, closed 7400 CE @ 120 bought @ 25
[10:32]   Sandy : great john 🙂
[10:33]   Jitender : Congrats John
[10:33]   Sachin : great john
[10:33]   John : Thanks 🙂
[10:33]   Saurabh : gr8 john
[10:33]   r m : @John, party ho jaye 🙂
[10:34]   Uttam : wrb in NF, super trade John
[10:34]   John : Sure RM, already promised RK to take him to OOTY 🙂
[10:35]   r m : 🙂
[10:35]   Saurabh : anyone from Pune ?
[10:35]   Sameer : NF at VWAP
[10:35]   Saurabh : party karte hai ?
[10:35]   Uttam : got a 15 point tail @ top & now vwap under threat
[10:35]   Arvind : yes saurabh
[10:36]   RK : John that was awesome exit..Congrats! 🙂
[10:36]   Sameer : 10:29 Shai : NF we will buy if we get a di to vwap
[10:36]   Sameer : Shai … Should we buy NFf ?
[10:36]   RK : so oneway fuel is mine and otherway is yours for ooty 🙂
[10:36]   John : Thanks RK 🙂
[10:36]   John : lol 🙂
[10:36]   r m : 🙂
[10:36]   Sandy : we need some greens at vwap to show for taking a call i guess
[10:37]   Arun : can anyone guide how to locate vpoc 7340
[10:37]   Sachin : arun, it can be seen in Market profile chart
[10:37]   Sameer : Save Daily charts by Shai
[10:38]   r m : @Arun, it is there on 9th FEB profile chart
[10:38]   r m : will post again for you
[10:39]   Arun : thanks
[10:39]   r m : http://screencast.com/t/R2rHxnp1WX9
[10:40]   RK : Shai can we have OF back in BNF 30?
[10:40]   r m : I’ll request all new entrants to go thru the links in welcome mail and understand the concepts from links given there, also do go thru the evening reports posted by Shai as advance preparation for the trading
[10:42]   Shai : Make an exit from the 7400 ce at 105 now-
[10:43]   Shai : Congrats John- Sper trade
[10:43]   Varun : shai
[10:43]   Varun : my question
[10:43]   Varun : whts bracket high of long bracket
[10:44]   Varun : 7286
[10:44]   Shai : Didn’t like that move abv IBH- thought 7400 ce was slower and safer- but prefer to pause here on long ideas
[10:44]   Varun : or 7300
[10:46]   Shai : from 11/02?
[10:46]   Shai : it was 7277
[10:46]   John : Thanks Shai 🙂
[10:47]   Varun : u drew a ltf bracket
[10:47]   Varun : square box
[10:48]   Suyog : VIX almost 19..
[10:48]   Shai : yeah same 1
[10:48]   Shai : wait i’ll pull it up
[10:49]   Varun : thnks
[10:51]   Ravi : Shai sir.. bit confuesed with that ce trade.. we exited suddenly after we took.. any specific resaons behind that
[10:51]   Shai : here is the NF bracket- of feb- http://vtrender.com/wp-content/uploads/2016/02/Nf_compo117.png
[10:52]   Nagarajan : for BNF below VWAP 14907, where is the support?
[10:52]   Shai : that 22/02 high of March F is 7277
[10:52]   Sushovan : @rm FA at top ?
[10:52]   Varun : thnks shai
[10:53]   Varun : 7277 shld nt accept under any cirumstances
[10:53]   Varun : all bullish theories would fail
[10:56]   r m : @Sushovan, has to go back to IBL for that
[10:57]   Jitender : @Ravi (10:44) Shai :Didn’t like that move abv IBH- thought 7400 ce was slower and safer- but prefer to pause here on long ideas
[10:58]   Hari : some nice programmed selling in BNF in 15050 range
[10:59]   Sameer : @Hari … How did u infer that ?
[10:59]   Shai : yes Varun
[10:59]   Hari : algos
[11:00]   Sushovan : ok rm.thanks
[11:00]   Shai : looking at 7300 PE OI also to go with the view Varun expressed above
[11:00]   Sameer : @Hari … How did u infer algo trading at that level? Any patterb
[11:00]   Hari : 162k selling is big in BNF Sameer, just watch when the price goes up
[11:00]   Shai : mark the prices of today in the 7300 pe- could play up around expiry I feel
[11:00]   Jitender : k
[11:01]   Hari : Shai told us day before when we shorted BNF, the testing of excess, we are nicely setting up
[11:01]   Shai : @Ravi – just a pause here to rethink the long view – no shorts at all but cautious on new entries
[11:01]   Sameer : @Hari … excess of budget day ?
[11:01]   Hari : Pin Shai’s views they will not always come true immdly, but it will play out within a weak
[11:01]   Shai : I’m still biased long intra nd postnl
[11:01]   Ravi : ok thank you Shai
[11:01]   Hari : *week
[11:02]   Varun : my rule is simple , it will start a 80 % rule on ltf
[11:04]   Sameer : 7330-7340 grinding
[11:04]   Uttam : @Varun 80% of the bracket if it gets accepted below bracket high?
[11:07]   Varun : yes uttam
[11:08]   Hari : Sameer, can you see the programmed selling now
[11:09]   Sameer : no … did not understand
[11:09]   Sachin : NF or BNF?
[11:10]   Hari : BNF
[11:10]   Sameer : Can you please elaborate, I see big red delta
[11:11]   Uttam : Thanks Varun so if we get below 7277 we could fall till 7076 which is the POC of that bracket?
[11:12]   Ravi : Shai sir.. looking for a short below 7310 is it good to go at that point. vwap @ 7333 and 20 point below VWAP
[11:12]   Ravi : is that the correct startegy?
[11:13]   Ravi : or long above 7353
[11:13]   Shai : still OAOR
[11:13]   Shai : there is a move pending for afternoon
[11:14]   Shai : keep the powder dry till then
[11:14]   Nagarajan : Upside?
[11:14]   Uttam : yes Shai, a small IB & a failed IBH breakout too
[11:14]   Uttam : we could even close the gap which will make for an FA @ top>
[11:14]   Shai : bias is uppwards
[11:16]   Shai : be back in a few mins
[11:19]   Hari : Sameer, I think RK can explain this better, I am a novice
[11:22]   Nagarajan : BNF forming ‘P’
[11:23]   Sameer : green deltas between 7330-7340
[11:28]   Nagarajan : OAOR – will rotate around opening and late entrants will push upwards, prom POC might be formed near opening. Is it correct?
[11:28]   Sachin : rm/rk/folks… does NF future follows/track Nifty spot ! i read that it does….?
[11:28]   Nagarajan : its bullish
[11:32]   r m : @Sachin, Spot is the underlying so they remain close kins!
[11:36]   r m : (11:36) Shai :re buy NF 7342- 7345 sl of 7299 tgt 7372/ 7422
[11:38]   Navaneeth : rm, Intra?
[11:39]   r m : Yes
[11:39]   Sandesh : rm can we avoid as Risk reward is less thn 1:1 ?
[11:40]   r m : @Sandesh, check with Shai, I just posted it from stock’s tab 🙂
[11:40]   Sandesh : Thanks sir
[11:40]   Saurabh : brown in intra
[11:40]   Saurabh : is *
[11:40]   r m : just use rm 🙂
[11:41]   Sameer : are there any signs of short(who might get trappened) in today’s move/volume
[11:41]   Sameer : like yesterday ?
[11:42]   Sameer : Near IB High
[11:45]   RK : Shai I think some issues with dev values printed in 5 min box!
[11:46]   Tejpreet : Shai looking at big moves of past few days and vix still at 19 your views on selling 15000 BN starddle for 800 plus ….vix should fall down and markets balance for couple of days .
[11:47]   r m : @RK, I think there was some discussion to use the dev values from 30 min in 5 min box
[11:47]   RK : Tej looking at this trade but will take a call by 3.25
[11:48]   RK : RM yes,,we requested Shai to include them..but seems its not updating with BNF today
[11:48]   r m : ok, i looked only at NF 🙁
[11:48]   RK : looking for 7400 straddle
[11:48]   RK : @Tej
[11:48]   RK : RM NF is perfect..
[11:48]   Tejpreet : Thanks RK am looking at vix now , hence tempted to take it .
[11:49]   RK : yes wondering why Vix keep ticking up for last 1 hr
[11:49]   RK : we were down 2%..right?
[11:49]   Tejpreet : yes
[11:54]   Shai : ok RK will check
[11:57]   Sameer : @Shai .. should we enter NF long … Intzaar kis bat ka hai ?
[11:58]   Uttam : (11:36) Shai :re buy NF 7342- 7345 sl of 7299 tgt 7372/ 7422
[11:58]   Uttam : call already active @Sameer
[11:58]   Sameer : Ohk
[11:58]   Vikkas : charts stuck ?
[11:59]   Vikkas : now started
[11:59]   Sameer : no
[11:59]   Uttam : working fine here
[11:59]   Sachin : working fine..
[11:59]   Vikkas : thanx guys
[12:00]   Sandesh : @Shai Today C period Excess ?
[12:03]   Shai : has not broken vwap
[12:03]   Shai : excess is only EOD basis
[12:04]   Sandesh : Thanks Shai sir
[12:07]   Nagarajan : OAOR – will rotate around opening and late entrants will push upwards, prom POC might be formed near opening. Is it correct?
[12:11]   Shai : @tejpreet 15200 is very imp in spot BN – is a trigger for another 2000- 2500 point run up I would be paying more attention to the OrderFlow in this zone next few sessions
[12:12]   Shai : On spot short term we are now abv the vwap of Feb near 7230 amd hence dips to 7230- 60 may find buyers for a probe back up
[12:13]   Tejpreet : Thanks Shai for the details .
[12:13]   Shai : Our long trade is currently risk free from 7170 but the auction needs a review if 7230 breaks
[12:13]   RK : Shai what’s 5 min VWAP now?
[12:13]   RK : in BNF
[12:14]   Shai : 14982
[12:14]   Sameer : 7230 or 7330 ?
[12:14]   RK : diff of 60 between 5 and 30?
[12:14]   RK : Sameer 7230
[12:15]   RK : the pullback before falling down to 6800 was at 7230
[12:15]   RK : exactly at 7230 which was Feb VWAP
[12:15]   Sameer : ok thanks RK
[12:17]   RK : to all new entrants here, pay attention to macro levels being discussed by Shai..that helps a lot when you get into a situation where intra noise takes over your decisions..For eg, if you keep this discussion of 7230 pullback on notes, if at all we get a move down this week closer to that level will make you to wait instead turning ultrabearish
[12:18]   Shai : 30 min is vwap calculating from yesterday close
[12:19]   Shai : the 5 min chart is more accurate and for today
[12:19]   Shai : the diff will come when there is a gap
[12:19]   RK : yes but thought some issue or so..got it..clear now
[12:19]   Shai : yup I also thought and reloaded the data
[12:20]   Shai : but has been set for the trade from yesterday
[12:20]   RK : fine
[12:21]   RK : Shai can you update levels for Vix..not noted down recently
[12:21]   Sachin : shai, 7230 is important as it was the Value High of the bracket!!
[12:21]   Sachin : is my understanding correct?
[12:22]   RK : SAchin Feb Vwap and pullback high
[12:23]   Shai : Looks like the 30 min vwap has another errror- for now use the vwap in the 5 min box
[12:23]   Shai : any1 can confirm is there was heavy volume at 14701 today?
[12:23]   RK : closed the trade after referring 5 min Shai 🙂
[12:24]   Arvind : yes
[12:24]   Arvind : first candle of the day
[12:25]   Arvind : about 6.00 lacs +
[12:26]   Tejpreet : 14701 shows 3180 volume.
[12:27]   Sameer : @Tejpreet so its LVN likely to be visited ?
[12:27]   Tejpreet : sorry sameer don’t track lvn .
[12:28]   Arvind : 14701-14906- vol 503280
[12:29]   Arvind : 5 min candle
[12:29]   Shai : thabk you Arvind
[12:30]   Arvind : data courtesy esignal
[12:31]   Shai : vix 19.50 res now and headed to 16.50
[12:32]   RK : and next band above below these figs
[12:32]   RK : mainly upside
[12:32]   Sachin : Weak high EFG periods in NF?
[12:33]   Sachin : in NF Split profile !!??
[12:33]   Sameer : good sell volume around IB High
[12:36]   Sameer : Seems like no intraday trading opportunities only gapup and gapdown opportunities
[12:36]   Sameer : 🙂
[12:37]   Sandy : just playing with the new kite android app…looks simple to use
[12:38]   RK : Sandy yes its very compact and stylish..fast too
[12:38]   Sameer : when did they release it … I was waiting for it
[12:38]   Sandy : sameer send an email to them asking for access
[12:38]   RK : its only on demand now as its under testing..you can write to their support team
[12:40]   Sachin : are you taking about the brower based kite or an android app!!
[12:41]   Sameer : ok … is it better than using kite on mobile chrome ?
[12:41]   Sachin : browser
[12:42]   Sandy : yes sameer better…could be a game changer for zerodha 🙂
[12:43]   Sameer : OK … hum jaise office traders ke liye acha hai 🙂
[12:45]   Sandesh : charts stuck here !
[12:45]   Sameer : no
[12:45]   Sachin : its slow…
[12:46]   Sameer : whats 12975 gigure in rect box in NF ?
[12:46]   Sameer : figure***
[12:47]   Sachin : it might be average vol for current 5 min period
[12:47]   Sachin : rm please correct if i am wrong
[12:47]   r m : first you have to tell me where that box is located 🙂
[12:48]   Sameer : on top of current 5 min canclde in NF
[12:48]   Sachin : right next to dark blue average vol line
[12:48]   Sachin : black text in white background
[12:49]   r m : 127514 on my screen
[12:49]   Sameer : 450 now
[12:50]   Shai : NF at 7362 – part book intra longs move tsl to 7339
[12:53]   RK : greens at top are SL wipes
[12:56]   Hari : distribution phase
[12:57]   Shai : some profit booking suppy is still there from morning 7360/ 7375
[12:58]   Saurabh : s shaiu
[12:58]   Shai : but 7325 is actual support now and we go to NV mode if that is held
[12:58]   Shai : these sellers can be forced out and trip to 7422 is my expectation here
[12:58]   Jitender : +1
[12:59]   Sandesh : Shai are we at prev supply zone ?
[13:00]   Shai : personally holding all intra at 7325 F waiting for one more squeeze in afternoon
[13:00]   Shai : yes Sandesh
[13:00]   Sachin : shai, what if F after 7325
[13:01]   Uttam : yes if we enter 7370 we could have a squeeze upto 7430++
[13:01]   Shai : yes above 7372 roughly a 50 point squueze setup for 7422 with sl below IBH
[13:01]   Sandesh : Thanks shai sir. so we are seeing slow moves here ?
[13:02]   Shai : (09:26) Shai :looks like an OAOR
[13:03]   Shai : OAOR is always like this
[13:03]   RK : and best day to do is today..causing more pain to shorts..bulls should not wait for another gap up and run away..
[13:03]   Shai : but like I said one play is there in the afternoon
[13:03]   Sandesh : Oh yes . You saw OAOR move after 1.30 PM right ?
[13:03]   Sandesh : Thanks sir
[13:05]   Sachin : shai, target remains 7372 ?
[13:05]   Sachin : for current NF longs?
[13:06]   Saurabh : cud extend to 92 too sachin
[13:07]   Shai : no we have taken profit early so SL is now cost and tgt 2 is the obj
[13:08]   Nagarajan : K/L period can fire upward
[13:09]   Shai : tgt2 is always bigger as we are moving with a smaller qty and hence need more movement
[13:09]   Shai : 1L seller
[13:09]   Shai : 7369
[13:11]   Shai : 7500 ce vol is higher today
[13:13]   Shai : any1 has an idea of net how many calls covered 6900- 7300 today?4
[13:14]   Porus : shai, 1.46m
[13:14]   Ashok : 7300 call 5.5 lac
[13:14]   Shai : thanks Porus
[13:14]   Shai : and buildup at 7300 pe is till now?
[13:14]   Ashok : 16.3 lac
[13:15]   Misaal : @Shai could you move today’s bar up.
[13:15]   Porus : 1.63m today OI, total oi3.13
[13:15]   Sameer : Europe opening does not look that good as per futures
[13:15]   Ashok : 31.3 total oi
[13:15]   Sameer : just flat
[13:15]   Shai : Thank you guys
[13:16]   Saurabh : in fact europe has been the flag bearer for bulls
[13:16]   Saurabh : these days
[13:16]   Misaal : thank you 🙂
[13:16]   Porus : ameer, Eur will open 70-80 pts up. But will it sustain ?
[13:17]   Porus : *Sameer
[13:18]   Porus : Shai, do u have usdint targets on downside?
[13:21]   Shai : 67.88 and 67.72
[13:22]   Shai : enter SL at 7342 in system for the balance NF – exit if taken
[13:23]   Shai : 1L seller is big and making an impact
[13:23]   RK : 100 for him will take us to bracket high
[13:24]   Chirag : Shai remember you told us about 1lac volume in 5 mins and that volume bar crossing the blue line?Took that trade for +15 on short side. 🙂
[13:25]   Shai : nice 1
[13:25]   Deepak : Cooool Chirag… well done
[13:25]   Jitender : +1 Chirag
[13:25]   RK : at extreme, spike with 5 min POC at top and 1 lac seller is great combo for short
[13:26]   RK : didnt trade though
[13:26]   Chirag : following master’s rule. 🙂
[13:28]   Sameer : Did not make any profit today but recovered loss made using Shai’s 1L seller comment
[13:28]   Sachin : shai, can you please make the OF RED Color bold, so that it is easily visible. Currently its difficult to see the red ones
[13:28]   Sachin : 5 min OF
[13:28]   Sameer : Exited 80% short, holding 20% …if mt falls from here I should make some profit
[13:29]   Deepak : Agree with Sachin… Bold red would make it more visible !!
[13:29]   Sameer : @Shai .. if enteretd in short should I hold ?
[13:30]   Hari : Sameer, you will make more….
[13:30]   Sachin : shai, the 1 lac seller was not clearly visible… had to look very closely …. putting strain on eyes…. please do something about it..
[13:32]   Sameer : Thanks Hari … bought 7200 PE at 82
[13:32]   Sameer : BIGGGGGG RED
[13:32]   Hari : yeah PEs are bullish, market going donw
[13:33]   Saurabh : 7363 -64 -69 tird time not crossed
[13:33]   Hari : do you remember in the morning on Shai’s 7300 PE comment
[13:35]   Uttam : reds galore & vwap test here
[13:36]   Sandesh : Yeah uttam more selloff ?
[13:38]   Uttam : for now vwap being defended
[13:41]   Sandesh : why vix is going up ?
[13:42]   Chirag : None of the PEs breached their morning lows I guess.
[13:43]   Hari : PE buyers in in BNF in teh afternoon are minting money
[13:44]   Sandesh : Vwap gone.
[13:44]   Tejpreet : rk got the reason why vix was rising 🙂
[13:44]   Uttam : Shai can you adjust the 30 min & 5 min chart
[13:45]   Uttam : 30 mins chart
[13:45]   Hari : BNF 14500 PE has risen by 30 rs in a flash
[13:47]   Shai : 7325
[13:50]   Shai : Positional Call : Sell 7500 CE April and 7300 PE April for a net 295 ( sell 7500 ce for 122 and sell 7300 pe for 170) . Sl of 347 on pair and tgt 225/163
[13:52]   Shai : vix has res at 9.50 and can drop to 16 levels in coming days
[13:53]   Shai : NF has moved up 6830 to near our tgt of 7410 and we are now looking for a formation of a balance
[13:54]   RK : nice one Shai
[13:56]   Sachin : positional call for fews days/ weeks?
[13:58]   Suyog : confused a bit.. 🙁 I converted 7300 Call into a straddle at the highs, should i keep it, or try to exit the Call?
[13:58]   Shai : Sl or tgt – but this one is longer dated and could take time
[14:00]   Shai : @Suyog rationale for the strangle have explained abv- not sure of your TF for what you have done
[14:02]   Vikkas : buyer at vwap
[14:02]   Shai : still don’t think this mkt is a short here though I’m coming around that this will balance post run up
[14:03]   Suyog : yeah, i understand.. i cant take the strangle right now, due to margin money needed.. and made the straddle as i got scared a bit at highs.. didnt want to lose profits.. TF can be couple days.. sorry, but it is my second day only with you guys.. am pretty brand new to trading 🙁
[14:03]   Shai : we should look to buy dips tilll 7230 hols
[14:03]   Uttam : greens @ vwap
[14:03]   Uttam : all shorts booking out?
[14:03]   Shai : I don’t think mkt is a short till 7325- 7301 breaks
[14:04]   Shai : just answered your query
[14:04]   Uttam : 🙂
[14:04]   Sachin : shia, what about gap whih got created today?
[14:04]   Suyog : got it.. ok, so, i might book some profit in PE 🙂
[14:04]   Navaneeth : Shai, that Positional call
[14:04]   Suyog : thanks
[14:04]   Shai : (09:10) Shai :7301 ref line for the open
[14:04]   Navaneeth : Full quantity?
[14:04]   RK : Suyog in my opinion, options selling business is only for the people who dont need to worry about margins..pls stay away from options writing if you are new to trading..
[14:05]   Sachin : shai, what about the gap which got created today.
[14:05]   Suyog : yeah, sure.. i understand.. thanks @RK
[14:05]   Shai : staddle and strangles 2 for the pair
[14:05]   RK : I would say better avoid option trading when you are new..easy way to wipe capital quickly..just my 2 cents
[14:05]   Navaneeth : i.e 5 Lots in 10 Lakh ac?
[14:06]   Suyog : well, yeah, that has been happening, but you got to start somewhere.. take some risks.. and hope to learn as time passes.. i only trade very few lots right now..
[14:07]   Suyog : anyway, thanks for all ur guidance and reading material.. that is 1 single reason why I joined this forum 🙂
[14:07]   RK : when blood is fresh in trading, momentum in prices will push to make more mistakes in option trading..good luck! 🙂
[14:08]   Shai : No 2 lots only Navaneeeth
[14:09]   Shai : sell strikes- stick with 1L per trade- max of 2
[14:09]   RK : Uttam noticed 28k? 🙂
[14:09]   Navaneeth : ok Shai. Sorry for asking again. Bcz this straddle/strangle strategy confuses me with 3% risk
[14:09]   Shai : we need the margin to do trades next week
[14:09]   Uttam : wow RK was watching only NF
[14:09]   Uttam : did u trade that?
[14:09]   RK : thats why gone for 24″ 🙂
[14:09]   RK : @RM got 27″..so think about his trades 🙂
[14:09]   Vikkas : @rk where 28000
[14:10]   RK : BNF Vikkas
[14:10]   RK : 23 in 5 min
[14:10]   Vikkas : ok thanx
[14:10]   Shai : 1L margin will get blocked on trade- do a max of 2 Lots per 10L
[14:10]   Uttam : 30 min sore red @ low 😉
[14:11]   Uttam : that was also just below vwap RK?
[14:11]   Shai : back in a few mins
[14:11]   RK : Yeah Uttam..preemptive shorts after seeing momentum in price action
[14:12]   Prudhvi : shai 73pe looks good.. any views?
[14:12]   Nagarajan : Shai – Ithink Volaltility is key to the succes for this strategy, otherwise
[14:13]   RK : Prudhvi (14:03) Shai :I don’t think mkt is a short till 7325- 7301 breaks
[14:13]   Uttam : but as Shai said shorts are not advisable & certainlly not @ lows / or while testing vwap
[14:13]   RK : yep
[14:14]   Prudhvi : oh thnx rk ,uttam
[14:14]   Uttam : shorts ok @ highs that too at prev ref levels but better cover fast
[14:14]   Uttam : cos we are trending up & again value being created higher today
[14:14]   Nagarajan : i think K period started?
[14:15]   Uttam : yesterday we had a 60 point difference between the value areas & today we have another 80 point if day’s low is held
[14:15]   Uttam : sorry if 7323 is held
[14:18]   Uttam : frsh buyers in nf?
[14:19]   Nagarajan : Remeber – i mentioned K/L period will take us up.
[14:20]   Nagarajan : 13:08 Nagarajan : K/L period can fire upward
[14:21]   Uttam : volumes are relatively less today?
[14:23]   Porus : Shai, r v forming thick poc today? What does that mean for tomorow?
[14:23]   Tejpreet : how many went long at this ….(13:47) Shai :7325
[14:24]   Vikkas : i did 🙂
[14:24]   Nagarajan : Prominent POC
[14:24]   Tejpreet : Vikkas 🙂
[14:24]   Uttam : great Tej & Vikkas 🙂
[14:24]   Davis : i did
[14:24]   Uttam : cool Davis 🙂
[14:25]   Rahul P : 20 pts discount on nf
[14:25]   Tejpreet : Great Davis.
[14:25]   Tejpreet : Uttam I did not go long …28 trades all short today all winners.
[14:26]   Vikkas : wow
[14:26]   RK : Better than Bradman 🙂
[14:26]   r m : Great Tejpreet!
[14:26]   Uttam : wow Tej 28-0 hats off man
[14:27]   Jitender : Tej…awesum man!!
[14:27]   Uttam : that too after we had a gap up & stayed above all day long
[14:27]   Tejpreet : sir jee all 10 -15 pointers for 1000 points will have to take rebirth 😉
[14:27]   John : Superb tej 🙂
[14:27]   r m : lol
[14:27]   RK : ha ha
[14:27]   r m : @Tejpreet, that is pingpong vs Cricket 🙂
[14:27]   Jitender : tats 280 pints …cool
[14:27]   Jitender : points
[14:28]   Saurabh : how abt a 15000 ce straddle ?
[14:28]   Uttam : are we headed towards a spike close?
[14:29]   Tejpreet : (12:58) Shai :but 7325 is actual support now and we go to NV mode if that is held
[14:29]   Vikkas : why do u want to spoil a nice bell curve uttam :p
[14:29]   r m : could be, volumes have come down to average now
[14:29]   Uttam : @Vikkas we had a OAOR so one big move pending na 😉
[14:30]   Vikkas : 🙂
[14:30]   r m : ye bhee sahee hai 🙂
[14:31]   Sandesh : OAOR we need to stay with gap side ?
[14:34]   Vikkas : how many ppl are going to jump in to buy abv 7270..hahaha
[14:34]   Vikkas : *7370
[14:34]   Vikkas : everyones waiting to press F1
[14:35]   Uttam : BNF breaking out
[14:37]   r m : Knocking at Shai’s upper range for the week, shameless BN spot 🙂
[14:39]   Nagarajan : rm yesterday we discussed abt 15000CE – today its hero -459 from 150. unlucky
[14:40]   r m : yep
[14:40]   Uttam : that 1L seller still holding?
[14:40]   RK : yes
[14:40]   Saurabh : again reacting from 62-63 levels
[14:40]   Nagarajan : L period will break it
[14:43]   Sandesh : Shail can we sell 7400 Straddle ?
[14:44]   Uttam : charts lagging again?
[14:46]   Nagarajan : VWAP-7340?
[14:46]   Nagarajan : chart gone?
[14:46]   Nagarajan : k
[14:52]   Shai : charts up?
[14:52]   Uttam : yep
[14:53]   Shai : any lag?
[14:53]   RK : it freezes for secs and then run..this happens quite often Shai
[14:53]   Sandesh : here not up shai sir.
[14:53]   Uttam : seems fine now
[14:53]   Sandesh : it freezed
[14:53]   Nagarajan : yes – inbetween for few secs
[14:53]   Shai : 7400 ce at 178 – Nifty is 30 short of our swing tgt- recommend booking 7400 april fully at 178. Trade closed
[14:54]   Uttam : 7200 CE
[14:55]   Uttam : sorry Apr 7400 CE
[14:55]   Shai : positions open : strangle 7573 and 1 part NF in positionals
[14:56]   Shai : 7200 ce was closed before the bell yesterday
[14:57]   Shai : no regret- has been a good run
[14:57]   Shai : and there are plenty of setups still guys
[14:57]   RK : seems Uttam missed that alert and holding that still 🙂
[14:57]   Shai : no worries if you missed
[14:57]   Shai : For now we looking for a balance here
[14:58]   Shai : 7520- 7230
[14:59]   Nagarajan : Prom POC at 7347
[14:59]   RK : Shai has gone agressive after vocation in picking up trades..so guys stay alert and focused..many trades on its way for Mar 🙂
[14:59]   Shai : yup very prominent POC
[15:00]   Uttam : last time we had one @ 7430-35 ?
[15:00]   Shai : Not really RK- have automated most of my systems for price and volumes- so easier to pick now
[15:01]   RK : yeah something is changed Shai..good for all 🙂
[15:03]   RK : Option straddle and strangle into play is a welcome move Shai..Pls keep sharing them whenver you see opportunity
[15:03]   Shai : surely
[15:04]   Porus : Shai, this prominent poc will cause price to rotate there?
[15:05]   Nagarajan : taking U turn for blast?
[15:06]   Uttam : move away from here will bee a big one?
[15:07]   Uttam : 7232 was d last wide poc we had
[15:07]   Uttam : next day was a trend day
[15:09]   Saurabh : what do u guys think a 100 point drop in nifty soon ?
[15:12]   Shai : Porus prominenet POC will give a move out tom – but eeven then it may give a revisiit opp later
[15:12]   Shai : if we get greens at the close – the NF may take out shorts through a gap up
[15:13]   Shai : 67 point range – value higher – close looks to be abv 7340 vpoc – cautious on new longs but no shorts here
[15:18]   Uttam : big volumes?
[15:18]   Uttam : but all in white on 5 mins
[15:18]   Shai : shorts cloing
[15:18]   RK : 30 min two big vol fighting
[15:18]   Shai : closing
[15:19]   Shai : most of that tp rows were red on the dip to 7325
[15:19]   Shai : now only 2 left
[15:19]   Uttam : that 1L seller exited Shai?
[15:19]   Shai : could have
[15:19]   Uttam : that 1L seller still holding Shai?
[15:20]   Shai : BNF is giving a fantastic closing here
[15:20]   Uttam : he’s part of that 1.8L at top?
[15:20]   Shai : stayed abv 14855
[15:20]   RK : 4.8% up
[15:20]   Uttam : we also have a poor high today?
[15:20]   Shai : yes
[15:21]   Shai : nice Uttam – very sharp eye . Keep it up
[15:21]   Uttam : whoa BNF spiking
[15:22]   Uttam : thanks Shai 🙂
[15:24]   Shai : happy for you man- make the AMT concept a part of your thinking your life and see how crystal clear things become
[15:24]   Shai : don’t stop till it happens
[15:24]   Uttam : that 1.8L row has almost doubled Shai
[15:24]   RK : Shai aren’t we getting supply here in 7360-70 despite short covering
[15:24]   RK : ?
[15:25]   Jitender : Shai..how to handle wife with #Amt:)
[15:25]   Shai : yes some 1 still persisting
[15:25]   Uttam : yes Shai & thanks for showing the way as well as leading the path 🙂
[15:25]   Jitender : tats a tough one to crack:)
[15:25]   Shai : haha Jitender
[15:25]   Sachin : only one theory works with wife….
[15:26]   Sachin : say YES to her… 🙂
[15:26]   Sachin : YES BOSS
[15:26]   RK : Shai can you widen 30min OF of current candle..figs are tucking in
[15:28]   Suyog : another gap up tomorrow? based on greens in 30 min..
[15:28]   Rahul P : any case for small shorts at top ??
[15:28]   Uttam : wow one more red is neutralised on the daily profile
[15:29]   Uttam : only the top row of 5.5L left
[15:29]   Rahul P : any case for small shorts here ??
[15:29]   Sandesh : Mkt closing at highs
[15:29]   Ashish : Thanks and bye all
[15:29]   Porus : algo seller today
[15:29]   Vikkas : bye all .happy evening
[15:29]   Uttam : Shai this means selling was there but all got absrobed in the last 15 mins?
[15:29]   Viral : bye all
[15:29]   Tejpreet : Bye All.
[15:29]   Jitender : bye all
[15:29]   r m : Thanks and bye folks, have a great evening 🙂
[15:29]   Arvind : Bye all
[15:29]   Rahul P : test
[15:29]   Chirag : bye all.
[15:29]   Shai : Bye all
[15:29]   Porus : bye all
[15:29]   Shai : have a nice evening
[15:30]   John : bye all 🙂
[15:30]   RK : thanks Shai..looks like some good inventory shift in last 15 mins in both index
[15:30]   Suresh : bye all
[15:30]   Deepak : bye all, hv a nice evening
[15:30]   Suyog : bye all.. 🙂
[15:30]   Nadeem : bye all…
[15:30]   Shai : yes RK – looks profit booking to me
[15:30]   Uttam : thanks All & have a nice evening 🙂
[15:30]   Sachin : thank you and bye..
[15:30]   Uttam : one algo trade also in NF more than a 1L seller i guess figure not visible clearly
[15:30]   Shai : RM’s declining vols to be watched
[15:31]   RK : yes..lets see tmw
[15:31]   Shai : should be 3- 4% today 🙂
[15:31]   RK : 🙂
[15:31]   RK : thanks and bye Shai

Get Image Orderflow Charts And Notes 02/03/16

Custom Chat Transcript

Room Name: Vtrender
Date and Time: March 02, 2016 09:10:19

[09:38]   RK : TTM hits 326 and Relcap hits 346
[09:38]   RK : huge miss is Hero..
[09:48]   Sandesh : hi Shai.. Veiw on ONGC please
[09:54]   Sandesh : and tata power
[10:41]   Nadeem : RM, when I log off and log on again I miss all the chat from romm # 2 ?
[10:41]   Nadeem : any fix ?
[10:41]   Sandesh : same question from my end too rm..
[10:47]   r m : @Nadeem, Sandesh, no fix, but you can get the updates here in stockslevels_currentweek sheet
[10:47]   r m : nothing so far today so no need to look there 🙂
[10:49]   Nadeem : Thanks rm
[10:50]   Nadeem : was wondering as I can retrieve previous conversation from mian room
[10:50]   Nadeem : *main
[10:53]   r m : http://tinyurl.com/StocksLevelsCurrent
[10:53]   r m : http://tinyurl.com/StocksLevelsHistoric
[10:53]   r m : these links are available in documents folder on the bottom right side of this screen, next to the tool symbol
[10:54]   Nadeem : thats great.. never realised the folder with imp files ..cheers
[10:56]   Shai : ONGC at 194 has a higher supp at 178 and res at 206 for swing – I;ll be more comfy in it for a swing long abv 207
[10:58]   Shai : the tab 2 is Live only and does not store a history. The main chat tab gives you a 25 minute history. for previous notes we archive at – http://vtrender.com/orderflow-charts-and-notes-010316/
[10:58]   Shai : change the date and you have the history of that date
[10:58]   Shai : all intra day views of this tab are stored in the 2 links which RM gave
[10:59]   Shai : alos chat of this tab is available in the archives of the same post
[10:59]   Nadeem : Thanks..
[11:14]   Viral : Shai , tata steel , does the OF support longs at these levels?
[11:16]   Shai : not at these levels in tata steel but a close abv 266 on day is good – for now intra supp at 260 and small supp at 255
[11:16]   Viral : thanks a lot
[11:17]   Viral : also ultratech looks for 3113?
[11:31]   RK : what’s the buzz with M&M..despite agri related budget its beaten down!
[11:32]   Ashok : M&M down as co to face 100 bp negative margin impact from Mar q onwards due to phase-out of excise duty incentives at its Haridwar plant
[11:33]   RK : If am right this is not a surprise news..right?
[11:33]   Ashok : sentiment negative
[11:34]   RK : 1200 should offer support..lets see hw this pans out
[11:34]   Ashok : yes …1350 can come but will take time.
[11:34]   r m : higher duty on diesel vehicles in budget could be a factor?
[11:35]   Ashok : 1% duty does not impact much
[11:35]   r m : ok
[11:35]   RK : I dont think so RM..TTM,Maruti and all is flying with colours
[11:36]   r m : yes, TTM is diesel derivative 🙂
[11:36]   Shai : re buy NF 7342- 7345 sl of 7299 tgt 7372/ 7422
[11:40]   Ashok : @shai: view on upl pls swing..
[12:05]   Shai : UPL looks good abv 405 and current vols project 454 but may go higher- use 405 sl closing absis
[12:05]   Ashok : ok thnx alot
[12:26]   Chirag : Tata motors hitting that supply of 325 for the last one hour.
[13:32]   Vikkas : gap closed in TTM
[13:32]   Chirag : @shai,BHEL made a high of 101 today.
[13:32]   Chirag : Missed it. :p
[14:12]   RK : Vikkas look at BPCL..couldnt sustain at top..still watching..yet to get in
[14:12]   Vikkas : yes same here ..still watching yet to get iin 🙂
[14:14]   RK : we will jump in next pull back to 800-810 band
[14:14]   RK : but I dont want it to scale above 800..lt could be strength..lets see
[14:15]   Vikkas : yes now abv 800 again cud make a big move ..towards 830ish
[14:37]   Gaurav : Shai is PIDILITE a buy for 10-15 points at these levels?
[14:47]   Shai : pidilit heavy res at 604 ad 617
[14:48]   Nagarajan : Shai – struck with Lupin- level pls intra
[14:50]   Shai : lupin intra day move looks done at 1814- but 1785 is supp intra
[14:51]   Shai : 1770 -1785
[14:51]   Nagarajan : thx – awaiting for level 1812
[14:59]   Gaurav : Thanks Shai
[15:08]   Ravi : Shai can you tell SBI levels
[15:16]   Shai : sbin taken out 171- 174 supply today- I think headed to 203 subject to dips holding 170 closing
[15:17]   Ravi : ok thank you Shai sir
[15:18]   Chirag : @shai -TVS motors levels please.
[15:22]   Shai : tvs 285- 274 supp band
[15:22]   Shai : s a buy on dips till 274 holds
[15:23]   Chirag : okay.Thanks.