OrderFlow charts and Notes 05/08/15

[08:49]   r m : Good Morning folks!
[08:49]   r m : http://vtrender.com/levels-and-plan-for-05th-aug-2/
[08:49]   r m : http://vtrender.com/orderflow-charts-and-notes-040815/
[08:50]   r m : http://vtrender.com/option-values-dt-040815/
[08:50]   r m : Nifty AUG Future levels | Key reference area 8502 | Hypo1 above 8588➜8630 SL 8543 | Hypo2 below 8533➜8502➜8458 SL 8575
[08:50]   r m : Banknifty AUG Future levels | KRA 18830 | Hypo1 above 19075➜19185➜19232 SL 18960 | Hypo2 below 18970➜18856 SL 19035
[08:52]   Porus : Hi RM and all
[08:52]   r m : Hi Porus
[08:53]   Shailesh : GM RM, Shai and all
[08:54]   r m : Hi Shailesh
[08:55]   Shailesh : 🙂
[08:56]   Vikkas C : GM all
[08:56]   Sharad : GM all
[08:57]   Moses : GM All
[09:00]   Kiran : Hi GM.
[09:00]   John : GM all
[09:00]   Mohul : GM All
[09:01]   Shai : GM all
[09:08]   Srini A : GM All
[09:08]   Rajasekharan : GM all
[09:09]   Augustin : GM all
[09:09]   Venkatesan : GM SHAI,RM AND FRENDS
[09:10]   Sandesh : GM All
[09:10]   Rajat : gm
[09:10]   Suyash : Morning all !
[09:10]   Sudhakar : GM RM,Shai,and all frnds
[09:10]   r m : Hi Venkatesan, Sudhakar
[09:11]   Tejpreet : GM all.
[09:12]   Kiran : Shai , IS it possible to show the hypo level on middle chart , only in the axis. non numbers.
[09:14]   Dave : Hi SHAI
[09:14]   Dave : Hi Everyone
[09:16]   Sankar : GM RM, Shai and everyone 🙂
[09:17]   r m : Hi Sankar
[09:18]   Hemant : GM folks
[09:19]   Shai : BNF good open
[09:19]   Shai : Off to test that 19140 seller
[09:21]   Tejpreet : Shai part book that 8600 call got in 84
[09:21]   Shai : yes can
[09:21]   Sumit K : Shai – 8500 ce levels
[09:21]   Gaurav : 8600 ce good trade 🙂
[09:22]   Shai : 8500 ce watch 150 and 176 is the obj if 150 holds
[09:23]   Shai : NF showing sellers at 8600
[09:23]   Hemant : And 8700 CE Shai?
[09:23]   Shai : don’t get int that hypo yet
[09:23]   Shai : in NF
[09:24]   Sankar : (09:21) Tejpreet :Shai part book that 8600 call got in 84
[09:24]   Sankar : Shai, did you mean have Sl for half there?
[09:24]   Shai : 56 supp in 8700 ce and 74 obj
[09:25]   Tejpreet : Sankar I ot in that call at 84 so part booked at 109.
[09:25]   Tejpreet : got
[09:25]   Shai : yes Sankar once you book you have to bring sl to cost else the booking is meaningless
[09:26]   Hemant : Ty Shai 🙂
[09:26]   Shai : Go with a 50% long position in NF here for intra
[09:26]   Hemant : Booked part at 64
[09:26]   Shai : tgt 8630- will update sl
[09:26]   Sankar : Tx Tej, Shai. I just misunderstood that statement. I thouth you wanted us to exit part at 84. I shud read it as, CE bought at 84, part book here :). Sorry for the confusion.
[09:26]   Sankar : thought*
[09:29]   Shai : sl of 8573 for the NF intra position
[09:30]   Shai : not quite certain on the opening vols abv 8588 hence only 50%
[09:30]   Manoj : gm all
[09:30]   Manoj : gm rm
[09:30]   Manoj : i m late today
[09:31]   r m : Hi Manoj
[09:34]   Shai : buyer at vwap in NF
[09:35]   Augustin : Can add another 50% if it ccomes to VWAP again?
[09:38]   Sankar : Shai a small request. Kindly update the updates/actions on weekly call in Twitter. On Travel till next Wed. sometimes getting disconnected here and may miss the room messages.
[09:42]   Shai : No augustin
[09:42]   Augustin : Ok Shai
[09:42]   Dr Nashik : Sir, i ain’t getting what you are trying to show from these charts and how to generate calls from this dat?
[09:42]   Shai : looking at 8588 to sustain today for a that 8670 trade in F
[09:42]   Dr Nashik : Please asisist
[09:44]   Venkatesan : shai 8670 is hypo taret next to 8630?
[09:44]   Shai : ok will try to explain as we take the trades. please stay in
[09:44]   Dr Nashik : sure sir
[09:46]   r m : @Sankar, weekly calls are updated on twitter on handle @Vtrender, will do that on @V2OF also now
[09:47]   r m : oops, it is the other way round
[09:48]   r m : updated on @V2OF currently, weekly spot level and updates are tweeted on @Vtrender which is not a restricted handle
[09:48]   Sankar : Yeah. V2OF is where I use to see the calls 🙂
[09:48]   Sankar : Thanks RM 🙂
[09:50]   r m : (*** Private to Sankar ) All calls are updated on protected handle @V2OF so that subscribers get the benefit 🙂
[09:56]   Manoj : pls tell if any re-entry in nf & bnf as i came late
[09:59]   Shai : Manoj now next leg abv IBH
[09:59]   Shai : will update
[09:59]   Manoj : ok
[09:59]   Manoj : thnks
[10:00]   Shai : looks like a quiet few hours coming up but likely to do 8630 and more by close sl of 8570 intra
[10:00]   Shai : we are holding 50% position at 8573 sl which is just under yesterday highs
[10:00]   Shai : will add if we see greens abv IBH
[10:01]   Hemant : Shai, so a buy at 8573 or some?
[10:02]   Shai : yes
[10:03]   Shai : Today’s buy in NF is based on the view expressed last evening that we have to probe up to 8630 once after that dip to 8470 yesterday
[10:03]   Shai : refer yesterday notes at vtrender
[10:04]   Misaal : Why “have to ” ?
[10:04]   Shai : going with 50% position only as seller volumes showed up in 9.20 candle
[10:04]   Shai : use may to or could or should- I’m not a big player on words
[10:05]   Shai : just expressing what I feel
[10:05]   r m : 🙂
[10:05]   Venkatesan : :)))) @ shai
[10:05]   RK : GM Shai,RM and all
[10:05]   r m : Hi RK
[10:06]   Hemant : 🙂
[10:06]   RK : let it be “have to” Shai..am believer of words are from instinct 🙂
[10:06]   John : 🙂
[10:06]   Misaal : ha ha
[10:06]   r m : @Misaal, those are Shai’s readings of the market and in time you will come to know that “have to” most often is the right usage 😀
[10:06]   VR : Shai, his question might have to do with why should NF auction to that level conceptually 🙂
[10:06]   Shai : 🙂 RK
[10:07]   Shai : VR, Misaal don’t get me wrong – you are right and I should be careful, but I speak my mind here
[10:07]   Manthan : Booked 50% BN , was holding from 18880
[10:08]   VR : no no. I think he’s just trying to understand the rationale for your conviction.
[10:08]   r m : @VR, right you are but to understand the logic, effort and study behind that “have to” is so deep that it can’t be explained in a chat room 🙂
[10:08]   Shai : so AMT went down to 8470 to meet sellers and did not find new ones so we have to go up to meet new sellers
[10:08]   Porus : 8607
[10:08]   Shai : so that’s why “have to”
[10:09]   Shai : besides if we don’t have conviction , we should not be trading 🙂
[10:09]   Augustin : meanwhile ‘have to’ is trying to ‘had met’
[10:09]   Augustin : 🙂
[10:09]   Venkatesan : ;)))@ augus
[10:09]   Shailesh : Shai 8600 call resistance ?
[10:09]   Misaal : Ok. and 8630 would be the first test of buyers ?
[10:10]   Shai : yes prior sellers from 2 weeks back there
[10:10]   Shai : let’s see if they react
[10:10]   VR : you do. it’s a learning to understand where you get that conviction as well. I just assumed his question was to do with trying to understand what goes on in your head 🙂
[10:10]   Misaal : Usually. If you know a level is somewhere around do you take your profits few points earlier.
[10:11]   Misaal : I’m sorry it it sounds too simple. my questions.
[10:12]   Shai : yes
[10:12]   Shai : Vr 🙂
[10:12]   r m : @Misaal, take it easy, we are all too simple compared to Shai 🙂
[10:12]   VR : simple questions are often fundamentals. if fundamentals are strong, rest comes easy. keep them coming. 🙂
[10:13]   Shai : Shailesh 118 intra res – our tgt stays at 134 though
[10:13]   Shailesh : alright shai thanks.
[10:18]   Hemant : Shai, commplete exit fron NF. Was holding from yesterday
[10:18]   Hemant : Will pick up again in a while
[10:22]   r m : Shai’s answers to queries on stocks in tab “2” are saved in stockslevels sheet
[10:24]   Mahipal : NF & BNF live chats can you pl save so that end of the day we can save in excel same as stock levels
[10:30]   Kiran : Shai BNF FPPS chart can we move one candle right ? in sync with NF
[10:36]   r m : (*** Private to RK ) Cash stock weekly profile only on google drive now – http://tinyurl.com/WeeklyCharts. I have shifted to Truedata FNO data so can only give you futures profile for last 45 days in live mode 🙂
[10:36]   Kiran : BNF entering yesterday value or rejection ?
[10:41]   Hemant : NF massive response. 8584 Level buyer.. 8630 cometh it seems
[10:46]   Shai : Mahipal the chats are always uploaded in the website
[10:46]   Shai : refer here – http://vtrender.com/orderflow-charts-and-notes-040815/
[10:46]   Shai : change the date to the one you require
[10:47]   Shai : Buy BNF in19085 sl of 19035 tgt 19135
[10:48]   Mahipal : by saving into Excel we can note yr calls with our actual trades & make a performance sheet for improving our skills same as stock levels on daily basis
[10:49]   Kiran : oh just missed the vWAP dots. BNF.
[10:50]   Mahipal : Live chats are higly aprreciable , by saving we can take your calls & revivew for our own improvements if possible pl make some arrangement for the same
[10:54]   r m : @Mahipal, all calls here are saved and published in blog
[10:56]   r m : @Mahipal, http://screencast.com/t/yrjyjJhIPe
[10:57]   Mahipal : ok
[10:57]   RK : RM what on the earth is left from your compilation? 🙂
[10:58]   Varun : rm to dm
[10:58]   Varun : data man
[10:58]   RK : dm..lol
[10:58]   r m : @RK, only the earth 🙂
[10:59]   Kiran : if rm does “rm -rf” then we are gone. 🙂
[10:59]   r m : I have an awful connection today so missing everything including updating stockslevels sheet 🙁
[11:19]   Augustin : Absolute silence 🙂
[11:21]   Manthan : Sannnaaaattttaaaaa
[11:21]   Tejpreet : Shai told us it is going to be quiet …………….(10:00) Shai :looks like a quiet few hours coming up but likely to do 8630 and more by close sl of 8570 intra
[11:22]   Shai : BNf just 20 point short of that tgt1.
[11:23]   Shai : we are holding for a firm test of 19140 seller from post RBI and sl is arund19020 of yesterday
[11:23]   Shai : looks like trade will be 19020- 19150 all day
[11:24]   Shai : NF paln is to add abv IBH only
[11:24]   Shai : BNF move sl to 19020 for now –
[11:24]   Varun : shai can it be a dd at 11.45
[11:24]   Varun : 11.45/12.30 zone
[11:32]   Shai : Varun open drive from vah
[11:33]   Shai : more likely a P and close at highs
[11:33]   Varun : alrite and if we do ib r/e then p invalid ?
[11:34]   Shai : Not really not looking for a full r/ e today
[11:34]   Varun : ok
[11:47]   Manoj : bnf broke previous low
[11:47]   Vikkas C : today bnf is consistently staying below vwap and NF abv vwap
[11:47]   Vikkas C : contradicting moves
[11:48]   Manoj : i just hope it is not the sl hit sl hit days
[11:49]   VR : vikkas, Shai yday mentioned he was expecting BNF to do not much today but NF to move a bit IIRC
[11:50]   Vikkas C : yes VR.. but looking at the bank stock charts most of them are trading near resistance ..
[11:50]   Vikkas C : a dip towards yesterday vwap cud be a good dip buy in bnf i feel ..maybe wrong as well 🙂
[11:57]   Shai : yes Manoj that last dip was designed for long sl
[11:58]   Shai : and has to cross vwap now n vols else we will come out
[12:02]   Shai : exit the BNF long trade 19050- 19055 now
[12:15]   Nandesh : can SH BNf
[12:17]   Vikkas C : shai every dip in BNF is getting bought ?
[12:18]   Shai : yes dip buyers
[12:26]   Nandesh : do u still feel BNF range 19020 to 19150
[12:30]   Nandesh : do u still think BNF range 19020 to 19150
[12:31]   Nandesh : bnf @ lower band and OF turning green??
[12:32]   Nandesh : ?
[12:33]   r m : Europe opens green
[12:34]   Nandesh : shai r u there?
[12:38]   r m : @Nandesh, Shai asked to exit BNF long trade, so that 19150 visit probability has come down compared to the time the trade was initiated
[13:16]   Nandesh : BNF below 19020
[13:17]   Shai : Am here- market forced me out for an extra cup of coffee but back now
[13:17]   r m : lol
[13:17]   Shai : anything happening?
[13:17]   Venkatesan : :)) lol
[13:17]   r m : you should have offered black coffee to nifty too 🙂
[13:17]   Vikkas C : yes shai
[13:18]   Vikkas C : it wud have woken up from deep sleep 🙂
[13:18]   Shai : I’d take it out for a drink also – all you can drink – if it only confirms
[13:18]   r m : lol
[13:18]   Vikkas C : hahha
[13:19]   VR : caffeine pills work faster. am here if needed any :p
[13:19]   r m : 🙂
[13:20]   Vikkas C : early mrng sellers are not willing to budge ..bloody we need a bazzoka to just blast them of now ..its very boring now
[13:20]   r m : BNF slowly drifting down to Vikkas’s desired levels -yvwap 🙂
[13:20]   Vikkas C : yes rm 🙂
[13:21]   Vikkas C : but it will come there only on shai’s command
[13:21]   r m : Ab to Shai ne coffee pee lee 🙂
[13:21]   Vikkas C : hahaha
[13:22]   Vikkas C : shai what kinda structure in forming in BNF today ?
[13:22]   Augustin : Buyers have coffee and stay awake.. Sellers get bored and cover 🙂
[13:24]   Vikkas C : augustine me being a coffee addict already down 6 cups since mrng
[13:25]   Vikkas C : hahahhahahahah
[13:26]   r m : @Augustin 🙂
[13:30]   Kiran : How much time we expect price to revolve around LVN-0 BNF
[13:32]   Augustin : 🙂
[13:32]   r m : LVN from previous week, now it is almost a HVN with trading centered around it since 3rd 🙂
[13:34]   Kiran : we have BNF poor low ?
[13:34]   r m : yes, so far
[13:36]   Shai : vikkas gfairly balanced but small edge to the seller on intra
[13:41]   r m : Shai’s stock marathon updated 🙂
[13:42]   Tejpreet : Yes RM huge list …still 2 days to go for week 🙂
[13:43]   Vikkas C : ok thanx shai
[13:43]   r m : @Tejpreet, this week likely to score a century there 🙂
[13:44]   Tejpreet : Any prize for the 100th query asker 🙂
[13:46]   Kiran : BNF buyers. ?
[13:48]   r m : @Tejpreet, perhaps a bumper profit in that stock will be the price 😀
[13:48]   r m : *prize
[13:51]   Tejpreet : Yes the best pric/ze.
[13:52]   Kiran : Shai can we go for IBH BNF.
[13:53]   Shai : Kiran possible –
[13:53]   Shai : but not a lot of new buyers yet
[13:53]   Shai : trade small if in
[13:54]   Porus : Shai, nf tgt for tdoay still 8630?
[13:54]   Shai : NF does not have buyers at IBH and abv
[13:55]   Shai : Porus looks a little diff on intra
[13:55]   Shai : trail at 8601 on intra long positions- don’t add
[13:56]   Sankar : its just 20 points away.. and that looks difficult.. what a day man 🙁
[13:56]   Shai : difficult cos new buyers aren’t there yet abv IBH
[13:57]   Porus : ok
[13:57]   Shai : maybe a trip to vwap should find buyers again
[13:57]   Sankar : Ok.
[13:58]   Shai : yesterday it was jumping 30 points all over and today entire session vol is in 30 points
[13:58]   Sandeep : nf tired ?
[13:58]   Shai : Not really – lack of interest in business today
[13:59]   Shai : vol only 52 L so far
[13:59]   Sandeep : okay
[13:59]   Sandeep : holding that 8600 call
[13:59]   Shai : suggest part book and ride at cost
[13:59]   r m : it has kept above 8588 except a tick or two at 12:15
[14:01]   Manthan : Banknifty Using Elevator!!
[14:02]   r m : That was Vikkas’s magnate at yvwap 🙂
[14:02]   Tejpreet : Volumes picking up is it the entry of OTF players.
[14:03]   Varun : @rk break abv ib, back in ib.. back a tvwap
[14:03]   Sankar : yes. Shai, holding with Sl at cost.
[14:03]   Sankar : What will be the actual support zone for 8600 CE?
[14:03]   Shai : 82 – 83
[14:04]   Sankar : Ok. So can keep Sl at 80 for a target of 160? bcoz part booked, little below entry is not going to hurt.
[14:04]   Sandeep : varun what does it indicate
[14:05]   Varun : hapns a lot of time
[14:06]   Sankar : Tx Shai.
[14:06]   Sandeep : okay
[14:09]   Nandesh : BNF near 18970 hypo 2
[14:09]   Vikkas C : BNF yet abv YVWAP
[14:10]   Sandeep : shai any put to be bought here
[14:12]   Sumit K : r m : MO ?
[14:13]   r m : MO +44
[14:14]   Shai : BNF put can be taken
[14:14]   Varun : shai bnf profile a little adjustment
[14:14]   Shai : sl of 19080 F now in BNf look for 18810 F again
[14:15]   Varun : thanks
[14:16]   Shai : Sell NF for 8555 sl of 8596 cmp 8579
[14:17]   Shai : bnf in trouble- but the vwap band does not make it a safe short
[14:20]   Varun : 77 support point a not a good support point for nf
[14:20]   Varun : dmn tpo at 77, could break
[14:20]   Kiran : why varun ?
[14:21]   Varun : cos its pday high, mechanical buying thr, can give up anytime
[14:21]   Kiran : ok
[14:23]   Shai : exit NF is 8596 gos
[14:23]   Sandeep : gone
[14:23]   Shai : exit
[14:23]   Manoj : sl hit
[14:23]   Nandesh : today is day of SL
[14:24]   Manoj : +1 Naresh
[14:24]   Vikkas C : brokers day out ..but did mention to do everything in small qunatities today 🙂
[14:25]   Vikkas C : *shai did mention
[14:29]   Hemant : Shai, 8400 PE a good pick?
[14:29]   Hemant : Just curious
[14:30]   Shai : Not yet Hemant
[14:30]   Shai : maybe if it had broken 8575
[14:30]   Shai : we just went early in that sell by 4 points
[14:31]   Varun : shai drives breaking vwap, lead to entire reversal
[14:31]   Shai : Looks like NF wants a close at vwap/dpoc here at 8593
[14:31]   Hemant : Ok Shai
[14:31]   Varun : u told once
[14:31]   Varun : spo lets see
[14:31]   Shai : Yes Varun that was the idea
[14:33]   Varun : is this sellin called responsive selling
[14:33]   Varun : @shai
[14:33]   Shai : Nf goes up to 8610 once again to see that seller and perhaps closes at vwap
[14:33]   Varun : abv vah
[14:34]   Shai : Yes this is a responsive sell to higher prices abv vah
[14:34]   RK : all these days had a belief price is king..now slowly started believe that volume is queen…without queen, if king wants to move elsewhere, he is back the where he started 🙂
[14:34]   Shai : open was initiative
[14:34]   RK : *back to
[14:34]   Shai : Nice 1 RK
[14:35]   r m : @RK, 🙂
[14:35]   Vikkas C : slow claps for RK 😉
[14:35]   Hemant : Well said RK 🙂
[14:35]   Tejpreet : RK …your patients in the hospital would be a happy lot …hearing these lovely quotes 😉
[14:35]   Venkatesan : yes hemenat
[14:35]   Venkatesan : claps
[14:36]   RK : Tej patients are critical now a days and they only made be believe about queen concept 🙂
[14:36]   r m : lol
[14:37]   Tejpreet : Critical patients need professional docs like RK 🙂
[14:37]   RK : seems DR badly needs a break now 🙂
[14:37]   r m : 🙂
[14:38]   RK : Varun was not looking indices today.no trades there..
[14:39]   Varun : but midcaps were flying high
[14:39]   Varun : every day 140/180 point move coming
[14:39]   Varun : junk flying or serious stuff
[14:39]   RK : never look into mid and small caps 🙂
[14:39]   Varun : ok
[14:39]   RK : me never I meant 🙂
[14:42]   Venkatesan : shai is it possible to paint different colors to below IB and above IB ?
[14:43]   RK : Venkat IB is black na anyway?
[14:43]   Venkatesan : yes doc
[14:43]   RK : rest all grey
[14:43]   RK : you mean in FP chart?
[14:44]   Venkatesan : no today BNF below IB and NF above IB
[14:44]   Venkatesan : yes in 5 mintchart
[14:44]   RK : oh you mean like >IB green < IB pink sort of 🙂
[14:45]   Varun : will get very confuding
[14:45]   Varun : confusing
[14:45]   Venkatesan : rk u r still thinking of that queen
[14:45]   Varun : we are in fa set up of nifty, probe could be 50
[14:45]   Venkatesan : just a thought
[14:45]   RK : yep and you will get a jerk also whenever you slip from black to pink or move to green from black depends on position 🙂
[14:46]   Venkatesan : :))) @rk
[14:46]   Tejpreet : Varun you mean a dip to 8550.
[14:46]   Varun : yes if we stay below vwao
[14:46]   Varun : vwap
[14:47]   Varun : first probe is wvap. done
[14:47]   Varun : second is ib low
[14:47]   Tejpreet : Same here i was looking at 56 VAH
[14:47]   Venkatesan : varu more over the guy who brought down at 1345 is institutional seller, ?
[14:47]   Varun : if we break 56, we have excess at top
[14:48]   RK : trend day is around the corner..better be ready with fast fingers 🙂
[14:49]   Varun : if we breakl 56, i think trend could change
[14:53]   Vikkas C : lookingto short 8700ce ..any advise guys ?
[14:53]   Varun : keep stop loss 8618+ filter
[14:53]   Varun : my 2 bit
[14:53]   Varun : thts eexcess at present
[14:53]   Vikkas C : sounds good
[14:53]   Varun : should nt cross
[14:54]   Varun : cluster of tpos at range extreme and unable to do r/e is a sign of weakness , wht i read. shai cna confirm
[14:55]   RK : my 2 cents..though we have lacklusture day with low volume convincingly trading above yday value..so we still have steam left to touch Shai’s weekly level 8700
[14:56]   Vikkas C : sold at 60 RK..keeping 20 points SL ..lets see
[14:56]   RK : two different views 🙂
[14:57]   Vikkas C : 🙂
[15:01]   Venkatesan : vikhas that trade already breakedeven nah?
[15:01]   Vikkas C : which trade venkat
[15:01]   Venkatesan : sold @ 60
[15:02]   Venkatesan : 58.5 now
[15:02]   Vikkas C : yes ..but now for ID..carrying over
[15:02]   Vikkas C : not
[15:02]   Venkatesan : ;)))
[15:02]   Vikkas C : 🙂
[15:03]   Vikkas C : It’s reached the point in the auction where it’s advertising now..koi toh le lo pls
[15:03]   Vikkas C : hahhahahahhahahaha
[15:04]   Varun : wht vikas
[15:04]   Varun : didnt get u
[15:04]   Misaal : price is advertiser
[15:04]   Vikkas C : value is advertising ti find new buyer or seller
[15:05]   Vikkas C : was a joke varun 🙂
[15:05]   Varun : inventory transfer mite be happening
[15:05]   Vikkas C : yup
[15:08]   Venkatesan : varun poor high on 3rd aug cleared now?
[15:09]   Varun : wasnt tht at 70’s ?
[15:09]   Venkatesan : http://vtrender.com/wp-content/uploads/2015/08/Nf_compo13.png
[15:10]   Venkatesan : 88
[15:11]   Varun : we traded till 8618
[15:11]   Augustin : @Shai BNF is a STBT?
[15:13]   Venkatesan : Is exhaustion / probe is over?
[15:14]   Shai : Yes BNf can do a stBt her with sl of 19080 F for tom open
[15:14]   Augustin : ok
[15:15]   Shai : NF closing at 8592 keeps the windows open for higher levels
[15:15]   Shai : but BNF look slike may be done and should rotate for next few sessions
[15:16]   Augustin : ok
[15:18]   Shai : sl is for tom open- don’t put in system now
[15:19]   Augustin : Sure
[15:30]   Tejpreet : Bbye All
[15:30]   Shai : slowish day today but higher close
[15:30]   Shai : Bye all
[15:30]   Sankar : Bye All 🙂
[15:30]   Shai : have a nice evening
[15:30]   Vikkas C : bye all
[15:30]   Porus : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   John : bye all
[15:31]   Moses null : bye All
[15:31]   Kiran : Shai, please put 30 min FP charts alongwith 1 hr.
[15:31]   Shailesh : Bye all
[15:31]   Srini A : Bye All
[15:31]   Augustin : Bye all
[15:31]   Venkatesan : thank you shai,rm and frends

[09:29]   Gaurav : Tata Steel flying 🙂
[09:29]   Tejpreet : Shai any change on views on TCS ….ready to move or still rangebound.
[09:36]   Shai : tcs looking good today abv 2520
[09:36]   Hemant : View on auropharma Shai?
[09:36]   Shai : seeing minor supply at 2542 which should come today but abv that should be smoothly up
[09:37]   Gaurav : Adani Port great one Shai. Can move till 350 ?
[09:37]   Tejpreet : thanks Shai.
[09:37]   Shai : 2570/ 2594 immediate obj if we cross 2542
[09:39]   Shai : auro not doing much but today looks like a drive down to 746
[09:39]   Gaurav : Voltas also going good!!
[09:39]   Shai : can do 734/ 722
[09:40]   Hemant : Ok Shai, will short in a bit
[09:41]   Shai : adani book near 346
[09:41]   Gaurav : Ok. Thanks Shai
[09:49]   Soumya : shai
[09:49]   Soumya : shilpa gave a breakput from that range
[09:50]   Soumya : what can be the next target levels?
[09:52]   Shai : massively good pick Shilpa. What is the reason for the vols?
[09:52]   Shai : 1140 mentioned yesterday is the trailing sl and ride it now
[09:52]   Shai : was 1250 abv it but think it was hit today
[09:53]   Soumya : results are on 7th
[09:53]   Shai : stock has moved from 900 and we can’t put a number on it now 🙂
[09:53]   Soumya : expecting blockbuster results and some news on plant approvals from us fda
[09:53]   Shai : oh heatth care
[09:53]   Soumya : i think frontrunning is going on
[09:53]   Soumya : ya it is into cancer
[09:53]   Shai : you focus on that sector?
[09:53]   Soumya : i focus on midcap smallcaps – i like pharma sector
[09:54]   Shai : the best seems to be in price
[09:54]   r m : great picks every time Soumya, congrats!
[09:54]   Soumya : better to book?
[09:54]   Soumya : thank you rm
[09:54]   Shai : don’t get surprised if profit booking comes on results
[09:54]   Shai : I think the news is on the street that results will be good
[09:55]   Shai : No trail 1140 plus minus- this vol candle should keep it 1140- 1250
[09:56]   Shai : I’d like to buy it if it comes back to 900 again
[09:56]   Gaurav : What happened in DLF today? Wanted to go short as per yesterday’s conversation
[09:56]   Soumya : definitely
[09:56]   Soumya : it is a good buy from 2-3 years perspective
[09:56]   Soumya : super management
[09:56]   Soumya : super line up of products
[09:56]   Soumya : will see exponential growth
[09:56]   Soumya : one of my top picks for long term
[09:57]   Soumya : i hold some from 310 levels
[09:57]   Tejpreet : Gaurav DLF short was below 109.5….spot.
[09:58]   Shai : ok great hold- I also love pharma- India’s underrated bull market is happening there all these years
[10:00]   Soumya : true bro.. we can discuss stocks sometime
[10:00]   Soumya : and track them technically also then
[10:00]   Soumya : so that all of us benefit the most
[10:01]   Gaurav : oh ok misread it then . Good didn’t do it then . Thanks Tejpreet
[10:01]   Soumya : can you also check mrpl once – i am expecting good numbers from it also
[10:03]   Soumya : NSE: MRPL
[10:07]   Mohul : Shai.. can I place trailing stop at 1245 for STAR Future? Long yesterday.
[10:14]   Manthan : Shai,Indusind view pls
[10:16]   Shai : Yes Mohul . 1273 cash res on day . THinking on encashing some there. 1290 is supply weekly
[10:16]   Mohul : Ok. Thanks Shai
[10:17]   Shai : mrpl is good on intra abv 72 today. abv 74.1 positional shorts hsould cover and take it to 77/ 78.5
[10:19]   Soumya : thank you brother
[10:19]   Mohul : Igarshi roaring Shai!!!
[10:20]   Shai : indusind looks flat – supply may come at 967
[10:20]   Shai : 942 is supp
[10:20]   Shai : if looking to buy let it cross 967
[10:21]   Shai : Congrats Mohul Igarashi good pick
[10:22]   Mohul : Thanks shai..trying to learn..
[10:23]   Vikkas C : shai view on sunpharma ?
[10:24]   Soumya : Super Mohul
[10:24]   Tejpreet : Yaar Vikkas I was typing abt sunpharma …:)
[10:25]   Vikkas C : 😉
[10:26]   Shai : sunpharam good abv 831 intra and may attempt 843/ 848 once
[10:27]   Shai : positional eakness below 825 ony
[10:28]   Vikkas C : thanx shai
[10:28]   Sumit B : DLF
[10:29]   Mohul : Thanks Soumya Bro
[10:30]   Hemant : Shai what about IndusInd?
[10:30]   Hemant : A good buy at the current levels?
[10:30]   Vikkas C : guys arvind reporting numbers tomo ..
[10:31]   Hemant : 958 levels ?
[10:33]   r m : @Hemant, INDUSINDBK was updated in stockslevels sheet at 10:20
[10:33]   Vikkas C : sellers below IBL in bnf ?
[10:35]   Hemant : RM, its treading below its support of 860 thats why the ask
[10:35]   Hemant : Trading as well 🙂
[10:36]   Hemant : No problem at all with holding it,
[10:37]   r m : @Hemant, i am getting frequently disconnected so did not know if my earlier response was printed here hence the message 🙂
[10:39]   Kiran : Vikas , pl discuss bnf in main room, will help me .
[10:39]   Hemant : RM sir, this is never a problem. Will be writing to Shai soon about extending the membership soon, I learn so much!
[10:40]   Vikkas C : sorry
[10:42]   r m : @Heman, glad about everything except that “sir” part 🙂
[10:42]   r m : *Hemant
[10:45]   Vikkas C : looking at the screen anyone getting a feel that sector rotation myt happen soon enuff and pharma and IT will rally from here on ?
[10:46]   Tejpreet : Vikkas keep an eye on metals also.
[10:46]   Vikkas C : yeah
[10:47]   Hemant : RM Sir is as teahc, upto you how to interpret it 🙂
[10:47]   Hemant : tease* i meant
[10:53]   Tejpreet : Shai views on Bharti Airtel looks like going for gap fill .
[10:54]   Vikkas C : Tej tisco,sail,jswsteel all up like mad ..
[10:54]   Tejpreet : Only Hindalco still at sane level
[10:56]   Vikkas C : yes
[10:58]   Vikkas C : shai view on jindal steel pls
[11:19]   Hemant : Shai, Dr. Reddy is a buy/sell ?
[11:19]   Gaurav : HDIL views pls
[11:28]   Shai : hdil at supply 90.6- 91
[11:29]   Shai : dr reddy not doing much intra today but 4162 and 4135 are supprts
[11:30]   Shai : look to buy dips in dr
[11:30]   Hemant : Ok Shai
[11:30]   Gaurav : Thanks Shai
[11:31]   Shai : jindal looking to bottom out
[11:32]   Shai : a daily close and weekly move abv 80 is my confirmation
[11:32]   Vikkas C : ok thanx shai
[11:32]   Shai : can see 89/ 93 to begin with
[11:33]   Vikkas C : cool thanx
[11:35]   RK : Shai TTM breaking out here?
[11:38]   Vikkas C : we all r watching ttm it seems RK 😉
[11:40]   RK : almost at same spot it made a false breakout earlier..so need caution..
[11:41]   Vikkas C : yes
[11:43]   Vikkas C : but the volumes that happened last time seems those guys didnt book there losses ..this time i feel its going to brk out
[11:44]   Shai : ttm good abv 378 all day
[11:44]   Shai : let’s see it close abv 384 today
[11:45]   Vikkas C : thanx shai
[11:48]   Hemant : Shai, what about Coal India?
[12:00]   Vikkas C : @rk keep an eye on M&M
[12:03]   Hemant : Exited M&M showed up in the scan.. just exploded 🙂
[12:04]   Vikkas C : waiting for it to cross 1380
[12:04]   Shai : coal india 449 supply
[12:05]   Shai : can’t see a fresh upmove till 449 is crossed
[12:06]   Hemant : UPL?
[12:11]   RK : thanks Shai..
[12:11]   RK : Vikkas thanks
[12:12]   Vikkas C : 🙂
[12:22]   Soumya : what super levels shai
[12:22]   Soumya : u said 99 and here it goes
[12:22]   Soumya : gokaldas falss from 99
[12:22]   Soumya : epic u r !!
[12:22]   r m : 🙂
[12:23]   Soumya : anything on your radar shai?
[12:23]   Soumya : that looks good for a move
[12:24]   Mohul : Shai Yesbank down to 833 now.. Good for re-entry?
[12:33]   Mohul : Also IRB infra?
[12:44]   Soumya : shai one last stock please NSE: KCP
[12:44]   Soumya : Positional levels
[12:47]   Vikkas C : shai lvls for M&M pls ?
[12:48]   Gaurav : CESC finally finally moving. This time looks at 605-10?
[13:02]   Vikkas C : also shai if u cud see L&T ?
[13:20]   Shai : yes bank reversed from 846 not a goof buy yet
[13:20]   Shai : can see 824
[13:22]   Shai : irb excellent move
[13:22]   Shai : has done 268 where profit booking expected
[13:23]   Shai : kcp that high vol band is 66- 76
[13:24]   Shai : may just go to 86 if it closes abv 76
[13:25]   Shai : mnm watch 1376 if looking to close abv then can do 1398 else dip to 1354 is a bu with sl below 1350
[13:26]   Sumit B : dlf views?
[13:27]   Shai : cesc can move still to 596/ 614
[13:27]   Shai : positional stops below 561 which is MT support now
[13:27]   Shai : possibility of 614 also open next week
[13:27]   Gaurav : Thanks Shai
[13:29]   Shai : LT 1796- 1801 supply bar
[13:29]   Vikkas C : thanx shai
[13:29]   Shai : intra day move in LT may run out here at 1785
[13:29]   Vikkas C : shai can u pls look at kotak bank ..
[13:30]   Vikkas C : seems to be moving in a bracket ..can it move back to the upper end from here ?
[13:31]   Shai : dlf tough to call here- move from 96 is looking at exhustion at 125 where a selling bar also exists
[13:31]   Sumit B : ok thanks
[13:32]   Manoj : TATA mot DVR intraday pls i bot @ 263cash sl & tgt
[13:32]   Shai : was a good lomg from 117 today but new longs will be risky here
[13:33]   Soumya : thank you shai
[13:34]   Shai : tt dvr good buy abv 265 . vols ntra project 268.2 and 270.2 – exit of 264 breaks
[13:41]   Tejpreet : Shai Asia gives a nice bounce for ID from weekly support 888.
[13:41]   Tejpreet : Asian Paints.
[13:50]   Gaurav : Tech Mahindra pls have a look can touch 580?
[13:53]   Vikkas C : shai ashok leyland ..seems to getting tired now ..can u pls look it up ?
[14:10]   Shai : techm 560- 62 zone may resist the upmove
[14:11]   Shai : ashok seems to be struggling .90 plus levels look diff . supp 86.8
[14:12]   Shai : below 86.3 can do 84.6 again
[14:47]   RK : RM Asain approaching your no man’s land slowly 🙂
[14:48]   r m : 🙂
[14:53]   Hemant : RM, RK.. 1000 size of lot in stock futures, should trade for 1 rupee change for intraday and other wise hold?
[14:56]   r m : @RK, here is simple weekly chart of asian http://screencast.com/t/D79smcscWr
[14:57]   r m : @Hemant, i pass to RK 🙂
[14:57]   RK : Hemant dont get you.
[14:58]   RK : RM waiting for 945-50..lets see..
[14:58]   r m : ok
[14:59]   Tejpreet : Hemant I kind of do the same trade for change of rupee but trade in ITM option but strictly id no carry over , close out position EOD.
[15:01]   RK : Tej I am not clear about what HEmant asked..Is it about trading lots which has size of 1000?
[15:01]   Hemant : Ok RK, RM & Tej, that helps 🙂
[15:01]   Hemant : Yes RK, is 1 rs trade enough to be profitable?
[15:01]   Tejpreet : I think RK he means play for a rupee move in stocks with 1000 lot size
[15:02]   RK : Hemant very tricky..we are all looking for such setups only :)..on a serious note, RR is the issue..4 winning trades with Rs.1 target = 1 SL unless you keep SL below 1
[15:03]   RK : and keeping SL below 1 would certainly lead to whips is What I feel..
[15:04]   r m : @Tejpree, that means you minted money today, there were more than 10 moves of more than 5 points in 8600CE today 🙂
[15:04]   r m : http://screencast.com/t/Hbd8uaOxnsq3
[15:04]   r m : **Tejpreet
[15:04]   Gaurav : CESC flown . Booked for now. Thanks Shai
[15:04]   Tejpreet : RK the key is the entery at precise Shai levels ….then tight SL is ok example asian paints 900 call at 888 spot it was 21 .
[15:04]   RK : RM I think Hemant about stocks with 1000 lot size
[15:05]   Hemant : Check it out RK.. I’ve gone a bit short on Yes for 1 Rs gain
[15:05]   Tejpreet : RM i can never mint money …remember I am a scalper , scavenger …get only leftovers;)
[15:05]   r m : @RK, yeah right, I can hardly think beyond NF 🙂
[15:05]   RK : Tej yes for sharpscalpers that do good..key is dont allow brain to think much to enter and exit 🙂
[15:05]   Hemant : Shai said not to, but I will cover as soon as that 1 rupee hits my pocket
[15:06]   r m : @Hemant – a bird in hand is better … :
[15:06]   r m : 🙂
[15:06]   Tejpreet : But Hemant key is to exit in time ….otherwise lot of 1 rupees can be wiped ou 🙂
[15:06]   Tejpreet : out
[15:06]   Hemant : Yes yes RM 🙂 Working on that too..
[15:07]   r m : true, one needs to be extra sharp for scalping, it is intense and tiring work
[15:07]   RK : Tej exactly thats what I meant..even 1 trade with delayed response due to hesistation will wipe gains from many trades
[15:08]   Tejpreet : That is why trying for positional holding trades but need will to hold positions overnight.
[15:11]   Vikkas C : tatamotor has lost it man
[15:11]   Vikkas C : on a different tangent altogther
[15:12]   Hemant : Whats happenng with tata motors?
[15:12]   Vikkas C : cmp 377.85
[15:21]   Hemant : Tata results are due I guess
[15:21]   Vikkas C : yeah i think so
[15:22]   RK : 07th Aug is the results for TTM
[15:22]   Vikkas C : TTM results on 7th Aug..just chcked on moneycontrol
[15:22]   Vikkas C : haha..RK same time we msged