OrderFlow charts and Notes 10/02/16

[09:54]   Vikkas : shai axis short here ?
[09:55]   Vikkas : for 380
[10:03]   Shai : axis short below 388 only
[10:03]   Vikkas : ok thanx
[10:04]   Ashish : Shai, brittania has profiot bookers at top or aggressive sellers. Please give view for longs
[10:08]   Shai : looks like profit booking 2805 and 2766 lower are 2 intrasupp
[10:08]   Shai : but will be weak if closies below 2805 tday and longs can move away
[10:08]   Ashish : thanks a lot shai
[10:26]   Tejpreet : Shai views on TATAMOTORS , positional .
[10:34]   Shai : break below 310 is not good in TTM and pulls back 284 and a possible 268
[10:35]   Vinay : is that meant for me?
[10:35]   Vinay :idont have any trades in TTM
[10:36]   Ashish : this is for tata motor, asked by Tej
[10:36]   Vinay : ok. cool
[10:45]   Tejpreet :Thanks Shai.
[10:45]   Shai : did i miss any query here? pls update again cos I had a bad connection a few mins back
[10:52]   Hari : Shai, your views on TVS Motors
[10:53]   Shai :tvshas 2 supports at 277 and 282 closing basis – if breaks that band then ca sell off
[10:53]   Shai : need a move abv 286 for intra day long momentum
[11:12]   Vikkas :tomosbi numbers
[11:22]   Vikkas :shai can we have some bear spread in options for sbin
[11:22]   Vikkas : wud appreciate if u cud help out with this trade
[11:31]   Viral :shai,, any good levels to short tatasteel?
[11:34]   Shai : Looking at the chart now and seeing no uptrend til it closes abv 175 . 160 is still the supp but can drop to 145 quickly if broken
[11:37]   Shai : for sbi
[11:38]   Shai : tata steel move back to 234 is a short for 224 with sl of 236- but a smaller size
[11:38]   Viral : alright thanks
[11:41]   Vikkas : thanx shai
[11:45]   DrBansal : shai,AH levels.
[11:49]   r m : shai [11:15 AM] AH 1424 is showing buying and looks like 1415- 1424 swing low may hold – 1438 now intra level to watch for price conf [11:15] can do 1471-1492 to begin with
[11:49]   Viral : shai, dr reddy any levels of support?
[11:53]   Shai : 2845 and 2802/2790 are 2 bands
[11:53]   Viral : thanks
[11:57]   Sudheer : whats the action in reliance?
[12:25]   Shai : RIL looking good on intra for now and with sl of 960 can do 981 . positional stop sar eat 946 closing basis and tgt 985/ 997
[12:26]   Tejpreet : Another option paper trade idea sbin at 163 sell 160 put /165 call for around 15 …..protected till 180 and 145 .
[12:47]   Uttam : SBI has results tom Tej so could have a bog move coming or even a spike
[12:47]   Uttam : big*
[12:48]   Tejpreet : Yes Uttam that is why is a paper trade …key is where does it go after the wild swings .
[12:50]   Tejpreet : Shai Maruti shwing greens at the lows ?
[12:52]   Shai : yes Maruti has those greens
[12:53]   Tejpreet : Thanks got some calls at lows .
[12:53]   RK : Shai LT finally getting ready for longs?
[12:53]   RK : aboe 1130
[12:53]   RK : ?
[12:55]   Shai : yes good now abv 1126 can hit 1157/ 1162
[12:55]   Shai : sl 1106
[12:56]   Shai : some stocks are getting injected here
[12:56]   RK : thanks
[13:11]   RK : Shai HDFC weekly obj on downside?
[13:11]   Tejpreet : Auro pharma 12 % down…pharma stocks 😉
[13:13]   RK : results were not bad..right?
[13:13]   Tejpreet : good set of numbers …some fda issues
[13:14]   RK : FII and FDA combo demolished pharma stocks
[13:14]   Shai : hdfc for 1110- sl today is 1149 closing
[13:14]   RK : DR 4800 to 2800 in just 100 days
[13:14]   Tejpreet : lupin went from 1600 odd to 1900 in few days.
[13:14]   RK : thanks Shai
[13:20]   Vikkas : Tomo Results:AB NuvoAshok LeylandBEMLBHELBank of IndiaCity Union BankCoal IndiaCoffee DayFuture ConsumerHero MotocorpICRAIGLIndian BankJubilant FoodNALCONCCNatco PharmaONGCPage IndustriesRajesh ExportsSBITata MotorsUnion BankVoltasWockhardt
[13:23]   Rahul N : @shai i shorted pnb futures in the morning,allready booked 50 percent quantity..what should be my tsl?
[13:26]   Shai : 82 is the tsl at closing if you itend to carry but obj of the weekly is 79.1
[13:26]   Shai : cash
[13:27]   Shai : 79.7 done
[13:27]   Rahul N : tnx
[15:02]   Gaurav : Shai Apollo Hospitals looking to go 1490+?
[15:03]   Shai : yes sl of 1415 closing basis
[15:05]   Gaurav : Thanks Shai
[15:15]   Tejpreet : Shai HDFC getting buyers at lows near your 1110?
[15:16]   Shai : no can’t see many
[15:17]   RK : babyysitting HDFC from 1275
[15:17]   RK : 12175
[15:17]   RK : *1175
[15:17]   RK : 🙂
[15:17]   Tejpreet :ThanksShai .
[15:24]   Tejpreet : HDFC 10 up from lows .

[08:34]   r m : Good Morning folks!
[08:34]   r m : http://vtrender.com/evening-report-trade-dated-09th-feb/
[08:34]   r m : http://vtrender.com/orderflow-charts-and-notes-090216/
[08:35]   Shiva : Good Morning RM
[08:35]   r m : Hi Shiva
[08:50]   Vikkas : Gdmrng Rm
[08:51]   r m : Hi Vikkas
[08:52]   SandeepK : GM All !
[08:57]   Jitender : Gm Shai, Rm, folks:)
[08:57]   r m : Hi Jitender 🙂
[08:58]   Suresh : Good Morning All
[08:58]   Ashish : GM all
[09:01]   Deepak : GM RM, All
[09:02]   r m : Hi Deepak
[09:03]   John : Good morning Shai, RM and all 🙂
[09:03]   r m : Hi John 🙂
[09:07]   Shai : GM all
[09:08]   Ganesh : GM all
[09:08]   Venkatesan : gm shai rm and 2 all
[09:08]   Deepak : GM Shai
[09:08]   Tejpreet : GM All.
[09:11]   r m : Hi Venkatesan
[09:11]   Arvind : GM all
[09:13]   Vipul : GM all
[09:16]   Shai : BNF positional call : part book profits here cmp 14800. Move sl to 14996
[09:19]   Varun : shai cn u pls widen profile a bit
[09:21]   Uttam : Good Morning All 🙂
[09:21]   Sandeep : alerto intra call target 1 done 🙂
[09:23]   r m : next step will be to give alerto his own account to trade, maybe Shai has already done that 🙂
[09:23]   Shai : BNF at a critcial level
[09:23]   Shai : make or break here
[09:23]   Sandeep : 14777 shai? critical level
[09:24]   Chirag : Hi Shai sir.
[09:24]   Chirag : Hello everyone! 🙂
[09:24]   Shai : yes
[09:24]   r m : Hi Chirag
[09:25]   Shai : hence taking part profits as it came off open prices
[09:25]   Shai : 7303 ref level in NF
[09:27]   Viral : shai if bnf sustains below 14777
[09:27]   Viral : can we sell?
[09:27]   Shai : yes
[09:27]   Viral : great thanks
[09:27]   Jigs : GM shai, rm
[09:28]   Shai : suggesting keeping a part osition open with 14996 F as TSL now
[09:28]   Uttam : it could be a fresh short below DL Shai in bNF?
[09:28]   Jigs : shai, zoom BNF chart
[09:28]   Viral : yes
[09:28]   r m : Hi Jigs
[09:28]   Shai : IBL uttam
[09:29]   Shai : the big volumes aren’t here at the open still
[09:29]   Shai : 7310 spot our swing ref level closing basis give or take 10/15 points
[09:29]   Uttam : thanks Shai
[09:31]   SandeepK : Shai can you please expand 5 mins Nifty charts font a little ? Also VWAP value override data in 5 mins.
[09:34]   SandeepK : Thanks Shai
[09:34]   Shai : Intra day : Sell NF btw 7275-7278 sl of 7315 tgt 7240- trade a smaller size 50%
[09:35]   Shai : trigger it at vwap not cmp
[09:35]   Shai : looking for a test of the 7240 region on this open
[09:39]   Vikkas : supply is not citting off only shai
[09:39]   Vikkas : cutting
[09:39]   Shai : Positional update : in the 7400 straddle exit the 7400 pe at 197- 199 now . continue to hold the 7400 ce with new sl of 88 cmp 65
[09:41]   Shai : post modification the SL of the original trade remains intact at 282 cmp 260 now when exiting one leg
[09:42]   Shai : NF intra day in
[09:43]   Uttam : BNF falling but delta is green & increasing?
[09:45]   Jigs : 53490 buyer in BNF?
[09:46]   Shai : yes
[09:46]   Uttam : buyers in NF also
[09:47]   Uttam : but 30 min delta still red
[09:47]   Vikkas : 14640 also is 200EMA weekly
[09:47]   Jitender : Shai…hold ystrdy’s 7350 short till 7240 or 7217?
[09:47]   Shai : NF at 7252 – Part book and move sl to 7277 on balance . Hold for rest of the day
[09:48]   Shai : Jitender part book- iffy zone
[09:48]   Jitender : k…tx
[09:49]   Shai : Positional 7000 pe hits 142- part book and move to cost : (09:33) Shai :positional : Buy 7000 PE March at 98- 101 sl of 67 tgt 163/ 268
[09:50]   Uttam : Shai we could be in for a trend day today as OAOR & has rejected ysterday’s range in bnf & did not touch also in NF plus we have a tail @ top now?
[09:50]   Uttam : yes IBL break should also happen to confirm this
[09:50]   Shai : ride for now
[09:50]   Shai : movement if large in IB
[09:51]   Shai : is*
[09:51]   Tejpreet : Shai views on selling 6500-7900 march strangle getting around 75 now.
[09:51]   Shai : yes looks good
[09:52]   Shai : vix has broken out yesterday
[09:52]   Shai : 21 is new ref line
[09:53]   Tejpreet : Thanks Shai.
[09:56]   Jigs : shai, there are more buyers in BNF fall, somebody buying heavily?
[10:01]   Shai : 14630 is the only buyer
[10:01]   Shai : 14740 was sold
[10:02]   Jigs : ok, and at IBL?
[10:03]   Shai : yes
[10:03]   Jigs : thx
[10:03]   Shai : could be a covering order
[10:04]   Deepak : Shai, 2nd chart in NF changed to Bar type ?
[10:04]   Deepak : Thanks
[10:04]   Varun : shai cn we hve figures in 30 mins
[10:09]   Shai : up?
[10:13]   Shai : vwap on watch
[10:14]   RK : GM Shai,RM and all
[10:14]   Shai : 7240 and 14587 are intra day levels to mark now on the auction
[10:15]   Shai : if it sustains below in afternoon we have further confirmation of a new leg lower
[10:15]   r m : Hi RK
[10:17]   Uttam : we have reds just below vwap Shai
[10:19]   Chirag : Shai sir,does 7150-7130 correspond to any imp level in your chart?
[10:22]   Arvind : lost connection
[10:24]   Viral : good volumes so far ,shai?
[10:27]   Uttam : yes i suppose above avg vols in both nf & bnf so far?
[10:32]   Vikkas : shai pls adjust 5 mins BNF window 🙂
[10:37]   SandeepK : Shai in 5 min chart nifty does 6 digit(buy) getting truncated to 5 …14625×10792…should thisbe 107925?
[10:38]   Venkatesan : yes sandeep itss 107925 n 30 mt chart
[10:39]   Jitender : yellen aunty is scheduled to spk 2day at congressial hearing
[10:40]   Vikkas : yes jitender @8.30pm IST
[10:40]   SandeepK : Shai looks good now..thanks
[10:41]   SandeepK : thanks Venkat 🙂
[10:41]   Venkatesan : :))))
[10:41]   Shai : is a 1L buy order again
[10:42]   Shai : Open intra positions : short NF with TSL at 7277 on day
[10:42]   Uttam : greens piling up on the 30 min NF chart?
[10:43]   Ashish : vwpa will be first target for these greens now
[10:43]   Ashish : vwap*
[10:43]   SandeepK : Also Uttam first one big order in 5 mins on buy side nifty i guess
[10:43]   Shai : Open Positionals : short BNF with TSL 14996, short 7400 ce with TSL 88 and long 7000 pe Jan with TSL 101
[10:47]   Jitender : 7000pe march
[10:48]   Shai : thx – it is 7000 pe March
[10:48]   Jitender : np
[10:50]   Shai : usdinr at a critical zone again
[10:50]   Shai : 68.13
[10:51]   Shai : is being hunted down by a high flying RBI – have to check the reserves again this friday
[10:51]   Siddharth : hello everyone
[10:51]   Siddharth : I am new to this room.. and marketprofile
[10:52]   Shai : 67.97 intra supp today 68.26 resist- trending lower from noon yesterday
[10:52]   Siddharth : hope to learn from you guys
[10:52]   Sandeep : hello siddharth, welcome 🙂
[10:52]   Jitender : wc Sid
[10:52]   r m : Hi Siddharth
[10:52]   Sachin : welcome siddharth, i am also new…
[10:52]   John : Hi Siddharth 🙂
[10:53]   Sachin : hi everyone… good morning
[10:53]   John : Hi Sachin 🙂
[10:55]   RK : Varun, is there any parameter that test should happen within specific number of candles?
[10:55]   r m : Hi Sachin
[10:55]   RK : or test is a test even after so many candles!
[10:56]   RK : Welcome Sachin and Siddharth
[10:58]   RK : BNF really into something..Guys this is trading at 14670…and hard to believe its grinding here 🙂
[10:58]   Jitender : Any opinion on y dow didn’t fall ystrdy while crude tanked ??
[10:58]   Jitender : open to all
[10:59]   RK : Jitender it had wild swing
[10:59]   Jitender : day bfre it recovered 200 pts from day low
[10:59]   Jitender : & SnP kept boucing from 1830
[11:00]   RK : Nikkei,DAx,Dow all are tanking and recovering like penny stocks..thanks to Chinese tragons who shut down the shop
[11:00]   RK : *dragons
[11:01]   Chirag : Shai sir,are you tracking USDJPY?
[11:01]   Chirag : or anyone else?
[11:02]   RK : it all started after one man’s vacation..seems unless Shai plans for another vacation, this chop would continue..let’s sponsor and push him to some island 🙂
[11:03]   Viral : haha
[11:03]   r m : lol
[11:04]   Jitender : lol
[11:04]   r m : this time send him some place not populated with bears 🙂
[11:04]   John : lol
[11:04]   Tejpreet : haha rm
[11:04]   Jitender : Wat we can do for sum green bucks:)
[11:04]   RK : no I wish to join him to know the brand and all..what a powerful one! 🙂
[11:04]   r m : 🙂
[11:05]   r m : lol
[11:05]   Shai : 🙂
[11:05]   Shai : BNF is at a place where it can push the NF over the edge
[11:05]   Jitender : RK..whether its a brand or brandi…only Shai knows 🙂
[11:06]   Deepak : Edge where ? Upside or downside move we are talking here
[11:06]   RK : 🙂
[11:06]   Shai : haha – thinking of brandy in the mornning is a cheerful spirit 🙂
[11:07]   Shai : down Deepak
[11:07]   Deepak : okay
[11:07]   Shai : this is where last swing lows were
[11:07]   Jitender : Shai..wen all r in money…mood is good
[11:07]   Jitender : tx to u:)
[11:07]   Shai : true that
[11:07]   Shai : cheers 🙂
[11:07]   Jitender : +1
[11:07]   Shai : Mission is everyone makes money
[11:08]   RK : Jitender brandy is the excuse whatever the mood you are in..right 🙂
[11:08]   Jitender : cheers:)
[11:09]   Jitender : Janak almost put in doubt abt carryn tat short from 7350…
[11:09]   RK : Shai we have a possibility now for a fight to close weeklyh around 7300 how we managed 7400 in Jan month close?
[11:09]   RK : *weekly
[11:10]   Jitender : but all the times i hv asked Shai for any position carryover…he seldom agreed & ystrdy he said ys…so tat was one strong reason to carry
[11:10]   Shai : 7400 close needs to be managed in feb- Jan dis not
[11:10]   Shai : but yes weekly is for 7300 close
[11:11]   Jitender : so tx to Janak for 7350 level & Shai for the 100 points on nf:)
[11:11]   Shai : 🙂
[11:12]   Shai : 7240 lows not shoing new sellers
[11:12]   Shai : 7240- 7275 range for now
[11:12]   Shai : (10:14) Shai :7240 and 14587 are intra day levels to mark now on the auction
[11:15]   Viral : new sellers 😉
[11:18]   Chirag : Stochastics indicating +ve divergence as of now.
[11:18]   Viral : 25K seller in bnf
[11:18]   Jitender : +1 Chirag
[11:19]   RK : Viral what is the ref Shai given?
[11:19]   RK : and check where you got big seller
[11:19]   Viral : 587:)
[11:19]   RK : bingo!
[11:20]   Viral : awesome levels
[11:20]   RK : Tej must have booked his 40 pointer by now
[11:20]   Tejpreet : just 20 😉
[11:20]   Tejpreet : but booked.
[11:20]   RK : 30 here 🙂
[11:20]   Chirag : Also,PEs showing -ve div.
[11:20]   RK : see how you have spoiled me 🙂
[11:21]   Tejpreet : Yes so now you got both positionals and scalps !
[11:21]   r m : Bhushan’s poem “jo teen ber khate the wo teen ber khat hain!” 🙂
[11:22]   r m : those who were used to three meals a day are surviving on 3 cherry fruits 🙂
[11:23]   Tejpreet : 😉
[11:23]   Jitender : Rm bhai..Rk is having his meals & now cherry also:)
[11:23]   r m : @Jitender, inko Shivaji ka dar nahin hai na 😀
[11:24]   Jitender : haha
[11:24]   Deepak : Shai, can we see 7270 anytime today ? Lack of sellers at lows
[11:27]   Jitender : (11:12) Shai :7240- 7275 range for now
[11:27]   Sandeep : when it comes there deepak dont forget to short 🙂 based on OF though
[11:27]   Deepak : Thanks Jitender
[11:27]   Jitender : wc ji
[11:27]   Deepak : Oh yes
[11:28]   Deepak : added few 7200CE for a 10 pointer…. i guess won’t get it easy
[11:30]   Jitender : May the speed of janak & tej b with u Deepak:)
[11:31]   r m : 🙂
[11:31]   Deepak : he he
[11:31]   Deepak : suree
[11:32]   RK : now lets have some greens in BNF
[11:33]   Uttam : one stuck seller @ lows for BNF?
[11:34]   John : yep uttam
[11:34]   Tejpreet : Deepak done !
[11:34]   Viral : rk,bought it all 😉
[11:34]   Deepak : yes done
[11:35]   Deepak : exited at 157
[11:35]   Deepak : 🙂
[11:35]   Shai : Intra day NF – close the balance 7259 now.
[11:35]   Tejpreet : great
[11:35]   Uttam : that’s your fav set up @RK for a quick move?
[11:36]   Deepak : done for today… 2 tardes… 1 PE(Half qty) and 1 CE now
[11:36]   Shai : Deepak 7215 may hold today
[11:36]   Deepak : going to the bank now
[11:36]   Jitender : Janak+tej=mkt runs & obliges
[11:36]   Deepak : 🙂
[11:37]   Uttam : green delta as NF crosses VWAP
[11:41]   RK : 600-630 50% and 665 rest done 🙂
[11:42]   Ashish : great RK
[11:42]   RK : Uttam yes anything above 25k in BNF extreme with Shai’s or anyother ref worth to fight
[11:43]   John : good one RK 🙂
[11:44]   RK : Ashish,John thanks 🙂
[11:45]   Uttam : yes RK nice trade 🙂
[11:46]   Uttam : both seem to be forming a ‘b’ shape profile, wondering who was long to liquidate 😉
[11:47]   Jitender : short covering
[11:53]   Shai : NF can do 7278 again sl of 7239 cmp 7257
[11:54]   Shai : avoiding as a trade alert but just a view considering tat 1L buyer at IBL
[11:55]   RK : no sellers below the break of 7250..so move up to attract sellers
[11:56]   RK : that 28k still in the system
[11:56]   RK : *23k
[11:56]   RK : checking VWAP action
[12:08]   Sudheer : 32700
[12:11]   RK : Sudheer where is it?
[12:11]   Vikkas : he meant seller in NF 5 mins
[12:12]   RK : fine
[12:13]   Sudheer : yes its seller in nifty
[12:13]   Sudheer : bnf showing support
[12:17]   RK : late sellers below vwap would go for cover now
[12:17]   RK : 2nd time its trying to scale above dVAH
[12:17]   Ashish : Nikkie recovered 300 points from lows
[12:18]   Ashish : 2 spikes @ vwap in NF
[12:18]   RK : with green spike..which is good
[12:18]   RK : Ashish yeah we badly miss emoticons here 🙂
[12:18]   Ashish : yeah
[12:20]   RK : team lead by Varun seems fading the moves at dVA 🙂
[12:20]   RK : dVAH
[12:30]   Vikkas : buyerssssssssss
[12:33]   Jitender : 30min nf entire bar green
[12:39]   r m : back to vwap
[12:40]   RK : game on! BNF seller at lows and NF buyers at top
[12:41]   Tejpreet : Looks like all greens we see our old sellers covering and then new reds come in to sell .
[12:41]   r m : lol
[12:41]   RK : 🙂
[12:42]   Uttam : another big buyer in NF now 78300
[12:42]   Varun : rk bnf lower seller has paid fr his crime
[12:42]   Varun : 100 point up move from thr
[12:43]   RK : me and Tej milked some in that 100 Varun
[12:43]   Varun : nf daredevils nw need to pay
[12:43]   Uttam : green @ top of 30 min you talking about Varun?
[12:43]   RK : yes
[12:44]   Ashish : spike in djia futures
[12:44]   Varun : whoch side
[12:44]   Varun : ashish
[12:44]   RK : must be upside
[12:44]   Ashish : upside
[12:44]   Varun : cool
[12:45]   RK : Varun any criteria that test should happen within specific candles or delayed test also ok?
[12:45]   Varun : normally in next 3-4 candles
[12:45]   Varun : but even if ;ater test, comapre volumes
[12:45]   Varun : if vol lower then last time, tough to break it
[12:46]   RK : fine..got it..thanks
[12:47]   RK : 3rd green spike at same place
[12:48]   Ashish : looks like NF buyers @ top should take it day high
[12:49]   Shai : Positional update 2 : exit the 7400 ce short at 63- 64 now. We will go with a March stradlle again
[12:50]   RK : Ashish 4th one here
[12:50]   Jitender : Shai..can a comparitive be done for green vol at 7261 (prev low earlier) & 7231-40 today…from the perspective of bottom for budget rally ?
[12:51]   Ashish : RK, someone is gonna hurt now
[12:53]   Ashish : one more spike and day’s high shoule be there
[12:53]   RK : that’s a routine now a days
[12:54]   Shai : Intra day : Buy 7300 ce at 103- 105 sl of 88 tgt 127/ 146
[12:54]   Ashish : wow, master call came now
[12:56]   Sandesh : CHEERS!
[12:56]   Shai : haha- cheers only when the money is in the account
[12:57]   Shai : for now risk is 16
[12:57]   Shai : IBL break not held – staying abv vwap for now – may o to VAL to test supply ad a possible move to vah on shortsquueze
[12:57]   Shai : all good till abv val or day lows current
[12:58]   Shai : not going with F yet as it is counter day and swing trend and aggressive only
[12:58]   Sandesh : its been a long since we saw LONG CALL Shai.. so this Cheers!
[12:58]   Sandesh : will cheers again once money is bagged inn1
[12:59]   Ashish : crude also spiking now
[13:17]   Shai : Move sl of 7300 ce to 82 from 88.
[13:27]   Shai : 7245- 7270 is a white patch now and battezone between the greens and reds
[13:28]   Shai : daily
[13:29]   Tejpreet : Shai can we part book the march 7000 at 139 got in at 101 or wait .
[13:29]   Shai : march?
[13:30]   Tejpreet : yes
[13:30]   Sandeep : march part booking call came already
[13:32]   Tejpreet : Maybe missed that .
[13:33]   r m : shai [9:49 AM] (09:49) Shai :Positional 7000 pe hits 142- part book and move to cost : (09:33) Shai :positional : Buy 7000 PE March at 98- 101 sl of 67 tgt 163/ 268
[13:34]   Tejpreet : Thanks done now.
[13:34]   r m : welcome 🙂
[13:38]   RK : ok Europe open done..now lets decide the path pls
[13:38]   RK : eggs
[13:38]   Uttam : big reds in nf
[13:39]   Uttam : but getting neutralised on 5 mins
[13:39]   Varun : val done phew
[13:39]   Varun : dval
[13:40]   RK : nothing but VAH buyers ate SL here
[13:40]   RK : I suppose
[13:41]   Uttam : big buyer in NF
[13:43]   Uttam : that 7300 CE just came down to hit even the revised SL I guess Shai, exited @ 82 but hardly could see that price on the terminal 🙁
[13:44]   Shai : you got hit?
[13:44]   Uttam : yep
[13:44]   Siddharth : got hit too
[13:44]   Shai : 1 trade at 82
[13:44]   Shai : came hunting for sl
[13:44]   Uttam : 🙁
[13:44]   Uttam : I was the chosen one..
[13:45]   Shai : does not look good now- will give an exit for rest
[13:45]   Shai : Intra day – exit 7300 ce at 89-90 now
[13:47]   Ashish : Shai, are alogos @ work now
[13:47]   Ashish : algos*
[13:47]   DrBansal : 7300 ce sl hit,before exit.
[13:48]   Shai : no Ashish fairly smooth auction below IBL
[13:48]   Shai : yes Dr
[13:48]   Ashish : ok
[13:48]   Porus : shai, bnf next target 14528?
[13:48]   Shai : was a bad trade
[13:49]   Shai : yes porus
[13:49]   Jitender : Shai..below 7212 ..trgts pls
[13:49]   Shai : 7155
[13:49]   Jitender : tx
[13:50]   Uttam : 2 consecutive WRBs in NF?
[13:50]   Jitender : vol abv avg
[13:51]   Uttam : SL for shorts will be @ 7245 now Shai?
[13:54]   Uttam : on the full day profile there are hardly any reds below 7280 Shai?
[13:56]   Varun : hve the daredevils at 7270 vomitted
[13:56]   Shai : sl is 7277 on swing now intra is vwap + few
[13:56]   RK : ofcourse the did Varun 🙂
[13:56]   Varun : 52727
[13:56]   Varun : read the top buyer
[13:56]   Shai : yes varun gone out at IBL 7235-40
[13:57]   Varun : 52575
[13:57]   Varun : hahahaha
[13:57]   r m : Scene of the crime https://files.slack.com/files-pri/T0F2YRXQT-F0LPW7U21/nifty_i_may2014_composite.jpg
[13:57]   Varun : right at vwap sd3
[13:57]   Varun : no one shld go lon till we cross 7250
[13:57]   Varun : mt 2 pasoe
[13:57]   Varun : paise
[13:58]   RK : when was the last time we had 3 WRBs?
[13:59]   r m : maybe in may 2014 😀
[13:59]   Uttam : going past 7223 will give some hope to bulls if we do it by 13:15 & then confirmation if we cross 7241/7250
[13:59]   Shai : nice 1 RM – that is 60mins?
[13:59]   r m : 30 minutes
[14:00]   Shai : positional 7300 pe hits 158- can add back the booked qty if crosses 165 again . tgt 2 is big on that 1
[14:01]   Jitender : lic in full gear
[14:01]   Shai : 14531 low on BNF
[14:01]   RK : Shai this vol take us to close at day lows or close at vwap?
[14:01]   Viral : 7000 pe?
[14:02]   Shai : RK not clear yet- but all the double bottom players of the candles made a quick exit 7220- 7240
[14:02]   RK : yeah seen that
[14:02]   Shai : let’s watch 7240 to see if we gret greens
[14:02]   Uttam : @Shai you meant the March 7000 PE right to add above 165?
[14:03]   Shai : yes
[14:03]   Uttam : thanks
[14:03]   Shai : tgt 2 is 268 on that and will stay in it
[14:04]   Uttam : NF high so far 7221, needs to get above 7223 by 1.15
[14:04]   Shai : looking for it to close abv 165
[14:04]   Shai : then manage the trade with 135 sl
[14:05]   Uttam : ok Shai, we could also short 7400CE March @ 145 now?
[14:05]   Shai : can
[14:07]   Shai : OrderFlow seems to suggest big players are stll adding longs on huge price disadvanatge
[14:08]   Shai : 7195 is 80000 green
[14:08]   Hari : I think that drop was due to some margin call
[14:08]   Hari : T+2, buyers on Monday must have got rogered
[14:08]   Jitender : Nope Hari…it had vols
[14:09]   Jitender : & all whites in 5 min
[14:09]   Jitender : T+2 wud b cash
[14:10]   Deepak : @shai 7300 PE above 165 for 15 mins can we take a new trade here…
[14:10]   Shai : no additons to be done only at 3.10 pm
[14:10]   Shai : on positionals
[14:10]   Deepak : ok
[14:10]   Uttam : getting above 7223 just in time 🙂
[14:10]   Shai : this is going back to vwap
[14:10]   Viral : ok
[14:11]   Shai : test is there
[14:11]   Uttam : with a buying tail
[14:11]   Viral : shai would this low today
[14:12]   Viral : repair the old one?
[14:12]   Shai : seems good so far
[14:12]   Shai : but we have an hour of trade left still
[14:12]   Jitender : Yellen aunty is proppin up here also:)
[14:13]   Jitender : wat will happen if she tanks it today evening
[14:13]   Shai : Intra day : keep an NF buy abv 7250 for 7275 / 7304 and sl of 7233- trade 50% only. Buy abv 7250 only
[14:13]   Varun : shai cn u adjust bnf
[14:13]   Varun : profile
[14:14]   Varun : deos it have a tail
[14:14]   RK : Shai can u pls adjust BNF profile
[14:14]   RK : VArun 🙂
[14:15]   Varun : 🙂
[14:15]   Varun : thanks
[14:16]   Shai : vwap is big today
[14:16]   Shai : can decide a tail
[14:17]   Varun : i wld like a close in yesterday range
[14:17]   Varun : cos thr is lot of pain
[14:17]   Varun : fiorst lets cross 50
[14:17]   Shai : orderflow is supporting the tail but I’m not buying till we are abv IBL and vwap
[14:17]   Uttam : but if we get a tail we could have a trend reversal here Shai, much anticipated budget rally coming in?
[14:17]   Varun : same pinch @shai 🙂
[14:18]   Shai : possibly Uttam
[14:18]   r m : @Uttam, budget spread over two series, railway in Feb and general in March 🙂
[14:18]   RK : RM look at LIC 🙂
[14:18]   Shai : Positional update 7000 pe : Move sl to 133 closing basis today
[14:19]   Uttam : we have a 50 point buying tail in bnf & a 29 point one in NF
[14:19]   Uttam : yes @rm & I guess railway budget also after the feb series?
[14:20]   r m : @RK, big volumes in LIC!
[14:20]   Jitender : (14:01) Jitender :lic in full gear
[14:21]   Sandesh : Shai.. Can long NF now?
[14:21]   Shai : yes
[14:21]   Shai : in
[14:22]   r m : @Uttam, I think rail budget is on expiry day!
[14:22]   Jitender : yup
[14:23]   Uttam : are we going to have a 3-1-3 day today?
[14:24]   Uttam : oh ok @rm
[14:25]   Ashish : greens again
[14:26]   Shai : tgt1 : (14:13) Shai :Intra day : keep an NF buy abv 7250 for 7275 / 7304 and sl of 7233- trade 50% only. Buy abv 7250 only
[14:27]   Shai : sl is cost now and hold for tgt2
[14:27]   Varun : shai nw nf on upper side
[14:27]   Varun : thanks
[14:27]   Shai : there is a job abv 7275 as it is a tal
[14:27]   Shai : job to do*
[14:28]   Shai : tail
[14:28]   Shai : same in bnf
[14:28]   Shai : clash of 2 tails
[14:29]   Jigs : bnf level?
[14:30]   Shai : 14780/ 14857 res intra
[14:31]   Ashish : When yellen aunty is going toi open her mouth??
[14:32]   Vikkas : 8.30pm IST
[14:32]   r m : let the poor oldie sleep peacefully for now – still dark over there 🙂
[14:32]   Ashish : today
[14:32]   Ashish : today
[14:32]   Jitender : 8.30 pm ist
[14:32]   Vikkas : yes
[14:33]   Jitender : Vikkas had posted earlier
[14:33]   Vikkas : 🙂
[14:33]   Ashish : Shai, any targets below 67.97 in usdinr??
[14:33]   Ashish : thanks guys
[14:34]   Shai : looks headed to 67.64
[14:34]   Ashish : What is expected of her today??
[14:34]   Ashish : Thanks Shai..
[14:34]   r m : She is testifying in senate
[14:34]   Uttam : NF entering singles of morning is bullish Shai? chance of another Neutral extreme here 😉
[14:35]   r m : people will watch for comma and full stops
[14:35]   Shai : Positional update BNF : Trail balance qty at 14795 from 14996
[14:35]   Uttam : as Varun said let it close in yesterday’s range
[14:36]   Ashish : Thanks RM..
[14:36]   Ashish : looking for 7326 in NF
[14:37]   Varun : touighest phase for bulls in last 2 months
[14:37]   Varun : corss 95
[14:38]   Varun : shld be fast else poc will pull it down
[14:41]   RK : 30mn vol in 60 mins
[14:41]   Chirag : Just look at Europe!
[14:42]   RK : 10.05mn vols when I asked this (14:01) RK :Shai this vol take us to close at day lows or close at vwap?
[14:45]   Varun : rk see2.15 cnalde abt dva
[14:45]   Varun : i told u last nite
[14:45]   Varun : in 30 mind
[14:47]   Sameer : is pullback rally by close ?
[14:47]   Sameer : ?
[14:48]   Janak : now that is an easy buy of 7300ce shai for a massive gap up isnt it?
[14:48]   Shai : 15 more mins for the bulls t take it abv IBH
[14:48]   Janak : see eu up by 1.5
[14:48]   Janak : and US will bounce as if they have got all the oil-wells from gulf ;
[14:48]   Shai : vwap was good but see we are not abv IBH yet
[14:49]   Sameer : whats VAH ? slow connection can’t see charts ?
[14:49]   RK : Varun 7241-78 one trade done there
[14:49]   Varun : hw many mins 10 🙂
[14:49]   Shai : 7335 Sameer
[14:49]   Janak : what they may do is take the nf back to 7200 to confuse everyone 🙂
[14:50]   Varun : vwap shld hold if its a tail
[14:50]   Varun : else die
[14:50]   Shai : yes
[14:52]   Sameer : Kya Meri Budget rally chalu ho gayi…I have become like Rakhi in Karan-Arjun…Meri Budget Rally Zarror aayegi
[14:52]   Uttam : big reds coming in
[14:52]   Sameer : ?
[14:52]   Hari : @shai, how do you determine the single in NF at the lows are short covering or fresh buying, is there a way to fine this
[14:53]   Varun : another dva done
[14:53]   Uttam : close @ vwap now?
[14:53]   RK : mised to notice that vols above dVAH
[14:54]   RK : missed that trade as got busy with some stocks..
[14:54]   Varun : 🙂
[14:54]   Janak : (14:49) Janak :what they may do is take the nf back to 7200 to confuse everyone 🙂
[14:55]   Janak : 7275 TO 7245 already
[14:55]   Janak : ye sab rm ko confooz karne ke chakkar hei ; bull ko confooz karo bhai
[14:55]   Ashish : wow
[14:55]   Janak : how was my entry ashish ;
[14:56]   r m : @Janak, I am EC (eternally confoozed) 😀
[14:56]   Ashish : you are a legend janak bhai
[14:56]   Janak : EC= Extremely cultured for u rm ::
[14:56]   r m : lol
[14:56]   r m : apna culture – agriculture!
[14:57]   Janak : and for me EC= Ekdum Chaloo;
[14:57]   Janak : 20-ka-100 saab lena hei ticket kya – type trader;;
[14:57]   Sameer : Janak …so bulls fooling weak bulls and bears right now ?
[14:58]   Janak : sameer – it is a gap up tom – thats all i know
[14:58]   Janak : unless US mkt throws some surprise and yes today crude inventory so that can throw all the bulls out of the universe;
[14:59]   Sameer : My general observation is Nifty is better at predicting US mkt than Europe 🙁
[14:59]   Janak : it always follows US mkt
[15:00]   Ashish : janak, huge inventory build uo in crude mst be in the price already.. i think its gonna spike up after that data
[15:00]   Sameer : Meri Budget Rally Aaayegi…Zaroor Aayegi – Trader Rakhi
[15:01]   Hari : @shai, how do you determine the singles in NF at the lows are short covering or fresh buying, is there a way to find this
[15:01]   Hari : anyone?
[15:02]   Jitender : easy way is ask Rm to post heckyl:)
[15:02]   Janak : ashish crude is at precarious 28$ – and no way those US guys are going to let it go up now – already two bounce to 32-35 zone hae been sold off
[15:02]   r m : @Hari, EOD OI will tell, intraday one can guess from impact on price
[15:03]   r m : @Jitender 🙂
[15:03]   Hari : Thx RM
[15:03]   Sameer : Europe rallying by 1%+, Nifty still not rallying and down by 1%-… Daya kuch toh gadbad hai
[15:04]   Janak : daya: sir – 7194 se kisne rally kiya? maine to nahi dekha ::
[15:04]   Shai : Hari if they are big buyers then they will scale it abv vwap and IBH easily
[15:05]   Ashish : OK, Janak…
[15:05]   RK : solid OTF will not even allow to negotiate VWAP after such move
[15:05]   Shai : so – was just an intra day pullback : (14:48) Shai :15 more mins for the bulls t take it abv IBH
[15:06]   Hari : That was a good learning, thx Shai and RK
[15:06]   Jitender : Sandip :price up Oi down Short cvr, price up Oi up…buying, price down Oi down …profit booking….price down oi up…writing.
[15:07]   Hari : an of course beloved teacher RM
[15:07]   Jitender : @Hari…posted by Sandip
[15:07]   Janak : scary part for bulls is the tape shows nifty still 1% down
[15:08]   Shai : staying with the 7000 pe March put and the BNF short 50% on positionals. No other positions open
[15:09]   Janak : again: (14:49) Janak :what they may do is take the nf back to 7200 to confuse everyone 🙂
[15:10]   Janak : 7280 to 7230 now
[15:10]   Janak : ok shai
[15:11]   Uttam : respecting the tail 7223-7194
[15:13]   Janak : if it gaps up – it will be the sweetest spot to sell the mkt + 50?
[15:14]   Janak : so 7300-7350 if comes can be sold again shai?
[15:14]   Sameer : There have been some serious fall in Tech stocks(not just Linkedin) on Nasdaq and many well-known Tech stocks are down by 30-50% from top
[15:15]   Shai : oh yes a gap up will be sold
[15:16]   Varun : a gap up abv 95 has hiogh chance bottom in place
[15:16]   Varun : lets see
[15:16]   Varun : needs to pierce thru 95/7355
[15:17]   Shai : if it does the first touch of vpoc 7320 and upto 7370 may get sold
[15:18]   Shai : abv 7370 can expect a bigger runup
[15:19]   Sameer : Shai do u see downtrend continuation till expiry/budget ?
[15:19]   Sameer : ?
[15:19]   Tejpreet : Those carrying calls be careful about which strike you carry coz VIX might tumble tmrw .
[15:19]   Tejpreet : or puts .
[15:20]   Shai : Sameer the mkt is not yet into looking at budget – may be next week but for now the preoccupation is crude
[15:20]   Janak : a gap up maynot be more than 50-70 pts i think
[15:20]   Janak : and initial reaction will be to sell it
[15:20]   Sameer : why vix would tumble where volatile event scheduled by Feb end ?
[15:20]   Janak : so 7300-7350 is a sell zone
[15:21]   Tejpreet : Because yellenwill be out tonight .
[15:21]   Janak : any fed event today tej?
[15:21]   Janak : the nake yellen spells a rally 🙁
[15:21]   Tejpreet : yellen testifies in congress.
[15:21]   Janak : oh thnkx – i close all my shorts now and go to sleep 🙂
[15:22]   Janak : yellen means buy calls or stay flat
[15:22]   Tejpreet : Maybe we gap up right into 20-70 no mans land 🙂
[15:22]   Varun : first 2 digits tej
[15:22]   Varun : i hopr not 74 😉
[15:23]   Janak : crude if breaks 1900 today – will create a massive panic all around and we will see 7000 by friday end
[15:23]   Tejpreet : read all offer documents …subject to market risk …hence first 2 digits omitted.
[15:23]   Janak : 27$
[15:25]   Varun : lol
[15:29]   Vikkas : bye all
[15:30]   Vikkas : happy evening
[15:30]   Suresh : bye all
[15:30]   Viral : bye
[15:30]   John : bye all 🙂
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Ashish : bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Siddharth : bye
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Uttam : See you all, have a great evening 🙂
[15:30]   Vipul : bye
[15:30]   Sameer : ?
[15:31]   Porus : bye all
[15:31]   Sameer : Good night to all those with overnight position
[15:31]   Sameer : Others dont need my wish