OrderFlow charts and Notes 31/08/15

Today’s charts and Notes from the Trading room 

Bnf_Tick Footprint_5_Bnf Footprint_5_Nf Nf_Tick

 

 

 

Get Image Orderflow Charts And Notes 31/08/15

History of room Announcements

 

Room Name: Vtrender
Date and Time: August 31, 2015 09:02:57

[09:01]   Shai : (08:38) r m:http://vtrender.com/levels-and-plan-for-31st-aug/
(08:38) r m:http://vtrender.com/nifty-bn-weekly-view-spot-for-31aug-04-sept15/
(08:39) r m:Nifty SEP Future levels | Key Reference Area 8057 | Hypo1 above 8057➜8104 SL 8018 | Hypo2 below 7968➜7922➜7891 SL 7999
(08:39) r m:Banknifty SEP Future levels | Key Reference Area 17466 | Hypo1 above 17466➜17590 SL 17360 | Hypo2 below 17268➜17150➜17080 SL 17369

[09:40]   Shai : (09:40) Shai :Keep a NF sell below 7962 sl of 7986 tgt 7945/ 7916

[10:31]   Shai : (10:31) Shai :Shrt BNF near 17370 sl of 17425 tgt 17250/ 17201

[10:36]   Shai : (10:35) Shai :can take the BNF short here 17350- 17355

[11:04]   Shai : (11:04) Shai :Buy NF for 8060 sl of 8010

[11:20]   Shai : (11:20) Shai :Exit the BNF short trade at 17380 may spike up to 17460

[11:33]   Shai : (11:33) Shai :Sl is 8028 in NF now for balance positions

[11:41]   Shai : (11:41) Shai :short BNF again 17385 sl of 17440 tgt 17260- go with 50% qty

[11:53]   Shai : (11:52) Shai :Book BNF

[13:45]   Shai : (13:44) Shai :NF is a sell for 7965 sl of 8017 abv vwap

[13:46]   Shai : (13:46) Shai :keep sl at 8021 instead of 8017

[14:11]   Shai : (14:10) Shai :7972 book 50% (14:10) Shai :bring sl to 7999 on rest

[14:14]   Shai : (14:14) Shai :cover all NF

Get Image Orderflow Charts And Notes 31/08/15

General Chat Transcript

Room Name: Vtrender
Date and Time: August 31, 2015 09:02:57

[08:38]   r m : Good Morning folks!
[08:38]   r m : http://vtrender.com/levels-and-plan-for-31st-aug/
[08:38]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-31aug-04-sept15/
[08:38]   r m : http://vtrender.com/orderflow-charts-and-notes-280815/
[08:38]   r m : http://vtrender.com/consolidated-orderflow-280815/
[08:39]   r m : Nifty SEP Future levels | Key Reference Area 8057 | Hypo1 above 8057➜8104 SL 8018 | Hypo2 below 7968➜7922➜7891 SL 7999
[08:39]   r m : Banknifty SEP Future levels | Key Reference Area 17466 | Hypo1 above 17466➜17590 SL 17360 | Hypo2 below 17268➜17150➜17080 SL 17369
[08:39]   r m : Nifty Spot Weekly levels | Support 7905/7855/7725 | Resistance 8135/8285
[08:39]   r m : Banknifty Spot Weekly levels | Support 17100/16890/16670 | Resistance 17490/17574/17825/18100-18180
[08:39]   r m : Indiavix Spot Weekly levels | Support 17.50 | Resistance 25.95/29.75
[08:40]   r m : USDINR SEP Future | Support 66.15 | Resistance 66.80/67.20/67.85
[08:40]   Chandrashekhar : GM rm
[08:41]   r m : Hi Chandrashekhar
[08:55]   Moses : GM All
[08:56]   Prakash : GM all
[08:59]   Aayush : gm all
[08:59]   Girish : gm all
[09:01]   Shai : GM all
[09:02]   Gaurav : Good morning
[09:03]   Prakash : gm shai
[09:04]   Augustin : GM all
[09:04]   John : GM all
[09:04]   Srini A : GM All
[09:05]   Kathir : GM Shai RM all friends
[09:05]   Tejpreet : GM All.
[09:06]   Sankar : GM RM, Shai and everyone 🙂
[09:06]   r m : Hi Kathir, Sankar 🙂
[09:07]   Sandeep : GM all
[09:10]   Rajasekharan : GM all
[09:14]   Naveen : gm all
[09:15]   Shai : The second chart from right besides the MP chart is now full day OrderFlow.
[09:16]   John : Hi kathir
[09:17]   Kathir : HHi john
[09:20]   Anay : GM All
[09:20]   Soumya : gm all
[09:20]   Vikkas C : GM all
[09:23]   Shai : 7968 is the level to watch on downsides
[09:24]   Shai : if we move abv 7994 we may go back to 8040 like friday sl of 7967
[09:24]   Shai : but may see 7945 is below 7995
[09:25]   Shai : BNF below VAL at teh open
[09:26]   Shai : a 16500 put is the best trade sl of 17050 spot closing basis
[09:27]   Aayush : shall buy now or wait for it to break DL
[09:28]   Shai : can wait for dl or we will take it higher
[09:29]   Shai : allowing 20 mins for the open as Monday
[09:29]   Aayush : sure (Y)
[09:33]   Shai : NF showing sellers abv 7986
[09:33]   r m : Open auction but at the edge of range?
[09:33]   Shai : yes
[09:33]   r m : Thanks
[09:34]   Shai : those buyers from Fri around 7985 are not yet responding
[09:35]   Ashish : GM friends
[09:39]   Uttam : GM everyone 🙂
[09:40]   Shai : Keep a NF sell below 7962 sl of 7986 tgt 7945/ 7916
[09:40]   Girish : Target – 7845/7816?
[09:40]   Girish : scratch that – 7945/7916 is fine.
[09:40]   Girish : Need more coffee 🙂
[09:41]   Shai : 🙂
[09:41]   r m : 🙂
[09:41]   Shai : Vols aren’t there yet like last Mon
[09:41]   Prakash : @shai, for past 25 mins, 30 Nf shows -delta, at the same time daily shows +delta, Y
[09:41]   Bhagya : any trades above 7990 I will be a buyer. Markets are not showing big weakness for me atleast for pure day trade. But will be a buyer only above 7990. But till then 7940 is also possible for bears
[09:41]   Girish : Last Monday was an outlier event, I guess?
[09:43]   Shai : @Prakash the total delta is not an important figure for us. The reason we have the diff is that the daily is calculated on range of 8 points and the 30 min on 2 points
[09:44]   Prakash : @shai #learning, tnk u 😉
[09:44]   Shai : Yes Bhagya I’ll go with the long view abv 7995
[09:45]   Shai : back to 8028 and 8040 like friday
[09:48]   Bhagya : I bought nifty fut now small qty with stoploss of 7968 for target of 8020-25
[09:50]   Prakash : but the battle btw bulls & bears btw 780 to 795, bear have upper hand still now
[09:53]   RK : GM Shai,RM and all
[09:54]   r m : Hi RK 🙂
[09:54]   r m : Doc has done the morning round of his clinic 🙂
[09:54]   Kathir : Hi RK
[09:54]   RK : Gone out RM 🙂
[09:54]   Bhagya : Yes you are right prakash. Bulls have upper hand only and only above 7995 and not till then
[09:54]   RK : Hi Kathr
[09:54]   RK : Kathir
[09:55]   Anay : @RK which doc are you? 🙂
[09:55]   r m : @Anay, stock Doc 🙂
[09:55]   Tejpreet : Stoc doc !
[09:55]   Anay : lol
[09:55]   Kathir : 🙂
[09:55]   RK : Anay they start this troll when mkt dont do anything :))
[09:56]   r m : lol
[09:56]   Kathir : and RK will start his treatment after that 🙂
[09:57]   RK : RM seems cement walas dont like the statement from PM about land bill 🙂
[09:57]   r m : @RK 🙂
[09:58]   Anay : 🙂
[10:00]   Shai : OPen auction for now vwap/ dpoc centralised which means bias neutral
[10:11]   Soumya : Shai is it good for the medium term profile if nifty spends some time here and repairs the damage done to charts?
[10:12]   Shai : Not really- the positive is that if it spends time obviously immediate fall is reduced but when that balance is done has to move abv that VAH and get new buyers
[10:13]   Shai : we should be an inside week this week
[10:13]   RK : 7905-8285 mostly Shai?
[10:14]   Shai : 7850- 8285
[10:15]   RK : ok..so LVNs 7870 and 8305 must be watched for OF to adjust positons when we reach there
[10:15]   Shai : over the weekend Beijing stated that those found to be “destabilising the markets” would be punished- a grim warning for short sellers 🙂
[10:16]   Shai : Yes RK
[10:16]   Aayush : bt that is just for China Related. Nothing for the RoW
[10:16]   RK : strong rumours that China started cooking up nos
[10:16]   Shai : yes of course China only- was refering to the added pressure of being a bear in China 🙂
[10:16]   r m : China always cooked up numbers 🙂
[10:16]   RK : but noone can get hold or prove that by breaking steel walls over there
[10:17]   Tejpreet : China is big bubble created by the propaganda government.
[10:18]   RK : Aayush its all about liquidity..mkts need such news floating for every season to generate liquidity in the mkt..so there is always big lobby among media houses,brokerage houses, rating agencies and all to follow such news..
[10:19]   Aayush : China did QE by loaning to the banks which in turned gave loan to industrialist. Gap widened btwn the economy and hawala was made legal. All money saw itself coming into the US, specially NYK and CA area. chinese investors bought all cash houses here,.
[10:20]   Tejpreet : BN giving a shorting chance !
[10:21]   r m : What China meanst is that chinese investors should exit china as well, if they send money out and caught in China themselves then heavy punishment 😀
[10:21]   Bhagya : Colour turning green and waiting for fast upmove
[10:21]   Aayush : the inflation was so high they had to do thiss…
[10:22]   Soumya : Buy above 7995?
[10:22]   Varun : @shai can u adjust vol to 4 lakhs
[10:23]   Uttam : very low volumes today @Varun?
[10:23]   Uttam : but building up now?
[10:24]   Soumya : Bears protecting 8000
[10:25]   Shai : yes
[10:26]   Shai : Vol at 4 L will not show as net vol is only 2.7 so far
[10:29]   Tejpreet : Shai can take that 16500 put now at VAL in BN with SL.
[10:30]   Rahul G : shai these are lot of shorts comming in the order flow
[10:30]   Rahul G : in BN
[10:30]   Shai : yes
[10:31]   Shai : can take BNF puts here
[10:31]   Shai : Shrt BNF near 17370 sl of 17425 tgt 17250/ 17201
[10:32]   Bhagya : 8020 done and booked 40 points gains
[10:34]   Naveen : awesum bhagya 🙂
[10:34]   Rahul G : shai do you feel if we stay above IBH and vwap till above 2:20
[10:34]   Rahul G : we should move hiher
[10:34]   Rahul G : higher*
[10:35]   Shai : can take the BNF short here 17350- 17355
[10:36]   Shai : yes if we stay abv IBH it will be positive
[10:45]   Vikkas C : shai can u pls change the bnf 5 mins charts to numbers
[10:55]   Shai : done
[10:55]   Vikkas C : thanx shai
[11:01]   Shai : BNF short view based on the lack of selling seen around 17410 in friday’s orderflow- but now selelrs are there
[11:01]   Shai : our stop is near 17425 beyond which these shorts will cover
[11:02]   Shai : and we move into the upper distribution which can bring 17595
[11:04]   Shai : Buy NF for 8060 sl of 8010
[11:07]   Bhagya : trade placement is crucial and told very early to buy but now having covered at 8020, think I should have held for more. any how can I know from any one how to decide on targets and where do we get volume pivot levels on charts here?
[11:11]   RK : we opened away from value and if we believe price move into value then buy above VWAP was alright with first target at VAL 8028
[11:12]   Chandrashekhar : Shai can enter nf long trade now with same sl of 8010?
[11:20]   Anay : BNF can do Friday VAH. 80%
[11:20]   Shai : Exit the BNF short trade at 17380 may spike up to 17460
[11:21]   Shai : Ys NF is a long
[11:22]   Shai : Bhagya Volume Profile is all about where the auction was the previous day and levels are only the high volume buy / sell points or the value areas incl vwap
[11:22]   Shai : once abv 7995 it moves back to where it was friay
[11:22]   Shai : friday
[11:22]   Uttam : done exited BNF short & holding NF longs
[11:22]   Bhagya : what is friday WAP on nifty fut
[11:22]   Shai : we will look to reshort that BNF below 17310 again
[11:23]   Shai : 8053
[11:25]   Bhagya : yes now 8076 possible as we trade above 8053 yesterday WAP
[11:26]   Bhagya : can some one experienced trader teach us how to sit tight with a position and not cut soon. Other than general ones like trialling stop. Anything advanced and different
[11:26]   r m : 🙂
[11:27]   Aayush : dont watch terminal too much. watch the charts.
[11:28]   John : especially shouldn’t watch P&L 🙂
[11:28]   Kiran : Shai BNF charts, adjust pl
[11:31]   Bhagya : thanks. any thing else
[11:32]   Shai : just that spike came in BNF
[11:33]   Shai : pressure was building
[11:33]   Shai : Sl is 8028 in NF now for balance positions
[11:34]   Shai : 8060is showing big selling
[11:34]   Shai : just enough to counter the 4.3+ 3.4 + 1.02 at the bottom
[11:35]   Vikkas C : so if short then good sl is abv 8060
[11:35]   Shai : no day high
[11:35]   Vikkas C : cool thanx shai
[11:36]   Shai : tempted to reshort BNF here as dpoc moves up
[11:38]   RK : Bhagya each trade is a travel and till predetermined destination reached no getting out unless pushed out by a conductor@stop loss 🙂
[11:38]   Augustin : Good one RK 🙂
[11:39]   Augustin : We get down in a hurry only to wait to catch the next bus 😉
[11:39]   Ashish : Well said RK 🙂
[11:40]   Bhagya : thanks RK and all others
[11:40]   RK : Augustin there’s that pareto rule..when you wait for the bus, you will never get bus in your direction..so beter sit in the one where you got the seat 🙂
[11:40]   RK : oops murphy rule :0
[11:41]   RK : got carried over with Daughter’s weekend project 🙂
[11:41]   Augustin : 🙂
[11:41]   Shai : short BNF again 17385 sl of 17440 tgt 17260- go with 50% qty
[11:41]   Shai : eithe sl or tgt on that 1 – position size accordingly
[11:42]   Shai : BNF fiday was a DD so technically not a proper 80% trade : (11:20) Anay :BNF can do Friday VAH. 80%
[11:47]   Anay : oh ok. Thanks
[11:49]   Bhagya : shorted nifty 8050 stoploss kept at 8071, target will just sit
[11:50]   RK : Shai so when DD with extreme close happens, then next day VAL and POC probe are good short opportunities if OF supports..right?
[11:52]   Augustin : @Shai – BNF moved out of yesterday’s value?
[11:52]   Shai : Book BNF
[11:53]   Shai : If holding multiples can trail bal at cost and wait for 17150
[11:54]   Shai : Augustin BNF had a DD and we consder each of the distributions to have one value area in a DD
[11:56]   Shai : http://vtrender.com/wp-content/uploads/2015/08/BNF_compo-dt22.png- we consider the lower part below 17420 as a separate value area
[11:56]   Shai : the system however is programmed to see the entire auction as 1 day but AMT says it was 2 different auctions
[11:58]   Varun : Whats vwap
[11:58]   Tejpreet : Shai below 17260 can we again short BN for hypo 2 or wait
[11:58]   Augustin : Tks Shai
[12:00]   Vikkas C : 8012
[12:00]   Varun : thanks
[12:01]   Varun : thanks vikkas
[12:01]   Vikkas C : no worries varun 🙂
[12:02]   Shai : yes below 17260 am expecting 17150
[12:03]   Shai : 8007 supp now
[12:03]   Tejpreet : Thanks Shai
[12:05]   Bhagya : Now I want to ask my experienced people here, I shorted 8050 and now where should be my target for pure day trade. I see 7986 any other views. Now also trialling my stoploss to entry level of 8050
[12:07]   Shai : vwap always 1st tgt as it is balance of the current day
[12:07]   Anay : @Bhagya T1 would be VWAP and T2 would be hvn near 7984
[12:11]   Bhagya : ok thanks, are we seeing todays WAP or friday WAP and what’s the level?
[12:12]   Anay : today’s at 8010
[12:12]   Sankar : @Anay, where are you seeing the HVNs in chart? I could see the LVNs
[12:12]   Anay : it’s hvn on today’s volume profile Sankar
[12:13]   Sankar : Ah ok 🙂
[12:16]   Bhagya : ok
[12:22]   Bhagya : covered 8024 as I am not again confidence to sit tight
[12:23]   Bhagya : sold at 8050 and 26 points is fine for me
[12:26]   Ashish : Good one Bhagya
[12:34]   Varun : wazz up room
[12:34]   Varun : shift the poc up and lets probe the poor high
[12:34]   Varun : @anay
[12:34]   Varun : if ure long 😉
[12:36]   Bhagya : also monitoring your trades is very important to know whether you are on the right side or not. You cannot board the bus and sleep as your destaination might have come and you cannot still keep sitting. We are not long term investors to sit till last stop
[12:37]   Bhagya : any views on same by RK and others for better learning
[12:38]   Anay : @Varun do it plz. I will short there 😉
[12:39]   Vikkas C : when did we have a poor high
[12:39]   Varun : friday
[12:39]   Vikkas C : anay can u tell the date
[12:39]   Vikkas C : ok thanx varun
[12:39]   Varun : someone is uper bearish, trend day elongated profile and wants to hsort
[12:39]   Vikkas C : shai can u pls pull the MP chart of NF a little lower pls ..wanna see the PH
[12:40]   Varun : short
[12:40]   Anay : 🙂
[12:43]   Varun : at 12.45 lets make a call trend day high close
[12:43]   Varun : vwap protected + elongated profile
[12:44]   Varun : shai cn u adjust the volume pane, no levels showin
[12:44]   Anay : If dh stays, I would go for 7985 😉
[12:44]   Varun : cool
[12:45]   Varun : for me vwap – 10 should stay
[12:50]   Shai : 8096 will be a magnet abv day highs
[12:51]   Varun : thanks shai, ned some support 😉
[12:51]   Varun : fun will be if we establish value abv 8096 tmrw
[12:51]   Varun : thts all disbeilef then
[12:51]   Anay : 8096 is Friday poc rt?
[12:51]   Varun : yup
[12:52]   Soumya : So should we place a buy order at 8070 for 8096 shai?
[12:56]   Varun : shai hw much more time at 34 to shift ipoc up
[12:56]   Varun : dpoc
[12:59]   Bhagya : Soumya buying 8070 will be very late. Keep stoploss at 8010 and enter early and then trial stop to your cost. I have no positions in nifty what so ever
[13:00]   Shai : Soumya conservative buy abv 8061 today with a 15 point stop or here with sl below 7994
[13:01]   John : is charts working fine for everyone?
[13:01]   Vikkas C : yes john
[13:01]   Shai : data stopped, but now fine
[13:02]   John : ok. Thanks Vikkas and Shai 🙂
[13:02]   Varun : poc shift in upper half
[13:02]   Shai : No it had stopped for a few secs- happens with esignal servers sometimes
[13:02]   Varun : nw dnt break it
[13:02]   Varun : and rally
[13:02]   John : ok Shai
[13:23]   Tejpreet : Has anyone heard about jurik research , www.jurikres.com ……they have afls for ami plus other softwares . A close trading buddy uses it as swears by the afls.
[13:24]   Tejpreet : and
[13:24]   Anay : Yup. I know. Have the AFLs as well. But I don’t use them. 🙂
[13:26]   Tejpreet : If you have them must try them Anay …I saw the Vel momentum and JMA moving average working on hourly charts … really good.
[13:27]   Anay : I tried them. Didn’t work for me. 🙂
[13:27]   Anay : So I mostly stick to purely price now 🙂
[13:28]   Soumya : Thank you Shai and Bhagya
[13:29]   Tejpreet : OK …. even I am slowly turning towards the belief price is supreme .
[13:29]   Anay : 🙂
[13:30]   r m : 🙂
[13:30]   r m : Price bujhaye pyaas … 😀
[13:31]   Gaurav : Baaki all Bakwaas?? lol
[13:31]   r m : lol
[13:31]   Tejpreet : 🙂
[13:33]   r m : seller cometh
[13:37]   Shai : heavy vol
[13:38]   Anay : 7985 done almost. Varun kahan hai? kahan hai Varun? 😉
[13:38]   Varun : lol
[13:38]   Varun : yahin mere bhai
[13:38]   r m : 🙂
[13:38]   Uttam : vols almost 6L for this candle?
[13:38]   Anay : 😀
[13:44]   Shai : NF is a sell for 7965 sl of 8017 abv vwap
[13:46]   Shai : keep sl at 8021 instead of 8017
[13:47]   Shai : should meet vwap sellers and come down – hence allowing 6 points
[13:49]   Ashish : Shai, BNF to 17150 now?
[13:50]   Shai : yes
[13:50]   Ashish : OK
[13:57]   Shai : 7996 is the heavy vol bar
[13:57]   Shai : break it now and we get 30
[13:59]   Kathir : @shai nf went 100 up from lows and now almost 70 down but in daily chart dpoc havent changed all all?
[14:01]   Shai : @ Kathir the 5 mins calculates the emerging change the fastest and then 30 and then finally full day
[14:01]   Shai : the system is based on devloping bar and hence that way
[14:02]   Kathir : oh ok got it.. thanks
[14:02]   Shai : 7996
[14:07]   Anay : poor job by bears below 96 so far
[14:08]   Shai : yes
[14:08]   Shai : plus morning buyers still in
[14:09]   Kathir : @shai do you see NF below 7965 today ?
[14:10]   Shai : AT
[14:10]   Shai : 7972 book 50%
[14:10]   Anay : 🙂
[14:10]   Shai : bring sl to 7999 on rest
[14:11]   Shai : 17150 BNF
[14:12]   Hemant : Shai, where are the buyers at?
[14:12]   Kathir : Shai is hypo 1 possible today 7922 ?
[14:13]   Anay : big buyer near 62?
[14:13]   Vikkas C : 106175 ANAY :d
[14:13]   Vikkas C : 😀
[14:13]   Anay : 😉
[14:14]   Shai : cover all NF
[14:15]   Shai : Buyers are at 7955- 65
[14:15]   Shai : getting vol spikes and a big buyer
[14:16]   Tejpreet : Shai got into 8000 call at lows need SL and target.
[14:17]   Sandeep : shai go long here ?
[14:18]   Tejpreet : Varun will the previous 5 min high vol bar be classified as Stopping volume bar ?
[14:18]   Varun : ya it does
[14:18]   Varun : but
[14:18]   Varun : after one failiur
[14:18]   Varun : i dnt give ref to coming after them
[14:18]   Varun : it failed at wap -10
[14:18]   Varun : very early
[14:19]   Varun : then again at 86
[14:19]   Varun : it mite give u a return
[14:19]   Varun : but nt trading as per rules
[14:19]   Tejpreet : Ok got it..thanks.
[14:19]   Shai : 176 supp and tgt 216
[14:20]   Shai : Sandeep conservative long is abv IBH 7997 only
[14:20]   Tejpreet : Thanks Shai .
[14:20]   Shai : aggressive here with sl below 7955
[14:20]   Sandeep : okay
[14:20]   Aayush : shai, shall get into bnf pe or avoid?
[14:29]   Shai : Aayush will update
[14:30]   Shai : may cme back to 17270/ 17330
[14:30]   Aayush : okk
[14:33]   Shai : those 3 columns of NF buyers still there
[14:33]   Shai : 3 rows***
[14:35]   Shai : NF 20 pointer to vwap
[14:37]   Shai : SL 7980
[14:38]   Shai : Day looks like may close at vwap
[14:38]   RK : tmw may be a trend day..
[14:39]   Tejpreet : Shai your views on sellling 8000 put call combo for 400 , is it worth the risk.
[14:39]   Vikkas C : @tej cheers to that
[14:39]   RK : but profle dont support for trend day ye
[14:39]   Vikkas C : no cheers for u RK :p
[14:39]   RK : yet
[14:39]   RK : 🙂
[14:39]   r m : already neutral day in NF
[14:40]   Shai : Tejpreet it is a good move but risk is in vix moving abv 25.84
[14:40]   Shai : then may see 33 which is a 20% rise
[14:41]   Shai : you will have to tune it by buying a put below 7850 and call abv 8150 to cut risk
[14:41]   Tejpreet : 20 % rise is a big risk for scalpers )
[14:41]   Shai : It was 33 I think on mon
[14:41]   RK : for everyone Tej that is except you have hgh conviction on trend and keep deep SL
[14:42]   Shai : may be some res at 27.30 but oe abv those kind of levels it is a big mover – vix
[14:42]   Tejpreet : Thanks Shai ….will leave the idea …but am sure it will be around 340 by friday . …. let us see.
[14:43]   r m : @RK, “Tej” is fast in hindi 🙂
[14:43]   Tejpreet : Hahaha RM
[14:43]   Anay : and Tejpreet = Pretty fast? 😉
[14:43]   r m : lol
[14:43]   RK : so he is prodigy then parents named him perfect 🙂
[14:44]   r m : yep, they recognized his latent talen early on 🙂
[14:44]   r m : *talent
[14:44]   RK : lol
[14:44]   Shai : 8010
[14:45]   Tejpreet : Booked 800 call now from lows 175 odd
[14:45]   Kathir : lol
[14:45]   Shai : 7961 buyer is good
[14:45]   Tejpreet : Tthanks RK 🙂
[14:45]   RK : 3 perfect trades in NF today 🙂
[14:45]   Shai : we have an FA
[14:45]   Shai : 7961 all imp now for next 5 days for trend
[14:46]   Hemant : Shai BTSTs?
[14:46]   Uttam : FA at the bottom, ok got your next msg while typing 🙂
[14:47]   Shai : 6.0 + 5.1+ 2.28 at the bottom now – (11:34) Shai :just enough to counter the 4.3+ 3.4 + 1.02 at the bottom
[14:47]   Soumya : Which means the trend should be up till 7961 holds?
[14:47]   Shai : this is how we read orderflow- existing buyers held and added on dip
[14:48]   John : good lesson Shai, Thanks 🙂
[14:48]   Shai : evidence is below 7965 mostly
[14:49]   Sandeep : shai where do you get that 4.3 +3.4+1.02
[14:49]   Shai : was the 3 rows at 11.34 today before this dip came
[14:49]   RK : Sandeep morning buyers
[14:49]   RK : before the price probed there now, that was the vol
[14:49]   Sandeep : okay
[14:50]   Shai : this should go back to 8045 – 55 seller now tom
[14:50]   Shai : and if they lessen up then friday’s heavy sellers are sittng near 8110
[14:50]   Shai : check OF chart on blog
[14:51]   RK : Yes marking down big players from daily consolidated chart posted in the blog would help to adjust stops and new entries
[14:54]   Tejpreet : Guys a query regarding taxation …. can stt be claimed as expense will calculating income ?
[14:54]   Tejpreet : Everyone must have filed there taxes 😉
[14:55]   Varun : no these are short term gains
[14:55]   Varun : cnt be adjusted against anything
[14:56]   Varun : losses can be adjustd fr next 5 yrs
[14:56]   Varun : of income
[14:56]   Tejpreet : But fno is treated as speculative bussiness and it is an expense.
[14:56]   Tejpreet : Even my CA said the same thing stt cannot be offset …evryone wants to skim the traders profit.
[14:57]   RK : I was also told by CA that stt and ctt cannot be adjusted
[14:58]   Mahipal : if FNO – treated as businees , then all expenses taxes will be treated as business & all will be allowed that is the best option
[14:58]   Vivek K : http://zerodha.com/z-connect/traders-zone/taxation-for-traders/taxation-simplified
[14:58]   Tejpreet : Vivek I read that but lot of confusion …but still is the best.
[14:59]   Vivek K : CA’s confuse everyone.
[14:59]   Srini A : STT is allowed as business expense if we file as business income
[14:59]   r m : tax is on profit only, and profit calculated only after deducing all expenses includeing STT, is not it so?
[14:59]   Tejpreet : See so many different views in this room itself 🙂
[15:00]   Sandeep : yes rm that should be the case
[15:00]   Mahipal : one must do fno as business & file return with audit report so no issues
[15:02]   r m : yep, easy to carry forward losses too in the fond hope that one day they will be offset from profits and save tax 🙂
[15:02]   Anay : 😀
[15:02]   John : 😀
[15:10]   Sankar : Unless we do intraday stocks, its all business income. Profit is after all expenses. Zerodha’s P/L calculation is fine to file taxes.
[15:11]   Sankar : I just gave the stmt from zerodha backoffice, CA accepted that. he said, it makes his job easy. Next year onwards, should skilp him I guess 😉
[15:11]   Sankar : skip*
[15:11]   r m : lol
[15:11]   r m : the ITR acknowledgment was recvd in less than 10 days this time
[15:12]   Sankar : yeah. they made everything online and easy.
[15:12]   r m : IT guys are wrkng fast
[15:12]   r m : yep
[15:12]   Srini A : It was instant RM if you acknowldge through your bank account
[15:12]   Chandrashekhar : shorted usdinr at 66.785, lets see
[15:12]   Tejpreet : True Sankar zerodha stmnt is the best
[15:12]   r m : yes Srini, CA sent it thru semi-online process so 10 days
[15:13]   Srini A : Really impressed with the IT infra
[15:13]   r m : yep, railways too has improved a lot, much faster online bookings now
[15:14]   r m : earlier one could to sleep booking tkt on irctc 🙂
[15:14]   Srini A : Passport renewal got printed the same day 🙂 Who would have thunk!
[15:14]   Sankar : @Shai, positionally any put trades can be taken?
[15:14]   Kathir : @RM sometimes we get ticket after the train leaves
[15:14]   r m : yes passport is revolutionary 🙂
[15:15]   Kathir : @srini is it / is there any deadline for renewing passport..i mean it almost 3 yrs my pasport got expired?
[15:15]   Chandrashekhar : covered at 66.76, qiuckie 🙂
[15:16]   RK : slow and steady limit orders in last candle
[15:16]   Srini A : Within 3 yrs from expiry date, you can renew very quickly
[15:16]   Srini A : @kathir
[15:16]   RK : I mean by volume
[15:16]   RK : actually last few candles of 5 min
[15:17]   Kathir : @srini ok but mine 3 yrs and 1 month now 🙁
[15:17]   Srini A : Oh ok, Even for that it is simple I think. I read somewhere that the police verification is now enabled online
[15:18]   Kathir : ok thanks let me check with coimbatore pasport ofice
[15:20]   Kathir : nf sticking to vwap bnf bit away
[15:20]   Vikkas C : does anyone follow bnf on 10 mins chart ??
[15:21]   Tejpreet : I do ..but only for stocks
[15:21]   Tejpreet : 10 min wit 34 emsa is good
[15:22]   Vikkas C : tej try bnf 10 mins tf
[15:22]   Hemant : Any BTSTs folks? Or just let it pass 🙂 Sir Shai ?
[15:23]   Tejpreet : Ok will check today Vikkas
[15:23]   r m : looks like NF won’t go anywhere till it delivers a perfect D to Shai 🙂
[15:23]   r m : http://screencast.com/t/SdEKdpOUYYC
[15:23]   Kathir : 🙂
[15:23]   Aayush : where is MO rm ji?
[15:23]   Shai : BN closing abv 17080 so will defer from buying those puts for now
[15:23]   Gaurav : Anyone getting into a call or put here?
[15:23]   r m : let me check MO
[15:23]   Gaurav : Ok Shai
[15:24]   Hemant : Batao RM ji, where have you hidden the MO?
[15:24]   Aayush : i am thinking of selling call and put
[15:24]   Sandeep : ya carrying 8100ce
[15:24]   Vikkas C : today 5.30 GDP
[15:24]   Shai : Hemant can take a 8100 ce for tom
[15:25]   Kathir : @shai do you expect some gap up ?
[15:25]   r m : MO at -17, balancing 🙂
[15:25]   Shai : no not a gap up
[15:25]   Kathir : ok
[15:25]   Shai : cosing is fairly balanced here at vwap
[15:25]   Kathir : @RM is thre RBI meet wed?
[15:25]   Shai : closing*
[15:25]   r m : no Kathir
[15:25]   Sankar : Shai no puts advisable?
[15:25]   r m : there is IIP and GDP data due today
[15:25]   Kathir : ok
[15:26]   Sankar : for carrying..
[15:26]   Shai : No Sankar not here
[15:26]   Sankar : Thank you.
[15:27]   Kathir : @RM my mind goes happ if Shai say to buy PE as btst but not much with CE 🙂
[15:27]   Kathir : happy
[15:27]   Vikkas C : haha kathir
[15:28]   Shai : 🙂
[15:28]   Sankar : lol.
[15:28]   Tejpreet : Kathir that is becoz put double faster than calls 🙂
[15:28]   Shai : Kathir read what China is doing to short sellers
[15:28]   Gaurav : hahah
[15:28]   John : 🙂
[15:28]   Aayush : sold 82ce/78pe
[15:28]   r m : @Shai, kathir is long in China and short in India 😀
[15:29]   Kathir : lol
[15:29]   Gaurav : Can always say he was Long on a PE 🙂
[15:29]   r m : lol
[15:29]   Ashish : Thanks and bye all
[15:29]   Shai : Bye all
[15:30]   Kathir : yes shai read that china issue..may be they will arrest shor sellers soon 🙂
[15:30]   Shai : Have a nice evening
[15:30]   r m : Thanks and bye folks, have a great evenin 🙂
[15:30]   Vikkas C : bye all
[15:30]   John : Bye all 🙂
[15:30]   Kathir : Thanks and bye all
[15:30]   Uttam : see you all
[15:30]   Tejpreet : Bye All.
[15:30]   Moses : Bye all
[15:30]   Srini A : Bye All
[15:31]   Sankar : Bye All 🙂
[15:31]   Sandeep : bye
[15:32]   Soumya : bye all

Get Image Orderflow Charts And Notes 31/08/15

Custom Chat Transcript

Room Name: Vtrender
Date and Time: August 31, 2015 09:02:57

[09:33]   Tejpreet : Shai need updated views on HDFC am looking to short it.
[09:34]   Kathir : Indusind bank supp and res SHai?
[09:38]   Shai : hdfc move of last week has vah at 1210 so strength has to confirm abv 1210 only slightly weak on intra below wpoc at 1188
[09:38]   Shai : supp at 1160 ad 1145
[09:39]   Shai : indus 830 supp and res at 865
[09:39]   Kathir : ok thanks
[09:40]   Kathir : friday shai’s supp was 859 and it gave 10 rs nelow that immediately
[09:42]   Tejpreet : Thanks Shai
[09:43]   Prakash : shai need ur view on HUL, I’m holding long
[09:49]   Shai : hul open is below last week val which points to a 4 point move below 840 with sl of 855 but abv 864 should be good on closing
[09:49]   Shai : 40 point move*
[09:56]   Sreenivas J : view on maruti pls
[09:58]   Gaurav : Adani ports looking weak intra Shai?
[10:02]   Shai : Maruti positionally is strong again abv 4310 where it can look to do 4600 again but for now at weekly poc looks balanced intra day supp at 4170 and intra res at 4250
[10:04]   Shai : adani weak below 367 only may drop to 361 intra
[10:10]   Gaurav : Thanks SHai
[10:13]   Gaurav : BHEL can add for intra? DL as sl?
[10:37]   Shai : bhel good abv 232 only for adds
[10:38]   Gaurav : Thanks .
[10:43]   Gaurav : Adani Ports great one 🙂
[10:50]   Soumya : Intraday target for NSE: DALMIABHA shai?
[10:50]   Soumya : Having long position from friday as btst
[10:57]   Nandesh : adani ..very nice cal
[10:57]   Nandesh : can i sh adani now
[10:57]   Shai : Dalmia tat spiky vol 647- 697 should hold the auction- very positive abv 701 this week
[10:59]   Nandesh : put god view on adani
[10:59]   Shai : 356 and 350 supp now – short only near 361 now
[10:59]   Shai : for adani
[10:59]   Nandesh : k
[11:00]   Soumya : thank you Shai
[11:54]   Nandesh : ur view on intraday in ajantapharma
[11:57]   Manthan : Shai, Yes Bank pls
[11:59]   Shai : ajant 1446 intra supp but weak below it for 1433 and 1425 sl of 1457
[12:01]   Shai : yes bank intra weakness below 694 for 684 and 676
[12:02]   Manthan : thanks Shai, shorted 697
[12:08]   Naveen : Shai please give ur views on voltas
[12:11]   Shai : voltas watch 282 – if we sustain below it by close we can drop to 262 and 255 this week
[12:11]   Shai : stability abv 282 only
[12:12]   Naveen : thanks shai
[12:12]   RK : Shai can you provide weekly sup/res levels for TCS?
[12:17]   Nandesh : yes bank nice call
[12:20]   Nandesh : can i fresh sh in yes bank
[12:25]   Kathir : @rk ?
[12:28]   RK : Yes Kathir?
[12:34]   Kathir : @RK is it ok to short hul with SL above 864 cossing basis ?
[12:37]   Kathir : @RK bought 860 pe 21.5 exit or can carry for some more trgt?
[12:42]   Tejpreet : Shai views on BANKINDIA .
[12:50]   RK : Kathir I think I missed your earlier msg due to relogin..HUL still in narrow range..break of 845-850 F may get some more downside but which is not happening..if already bought PE then hold it till 870 F is saved for the day..
[12:53]   Kathir : @RK thanks..having PE so will hold accordingly
[12:55]   RK : Vikkas any news with Tisco and TTM..good spurt
[12:56]   Vikkas C : watching ttm ..not able to cross thursday high
[12:59]   Vikkas C : whats ur view RK ?
[13:01]   RK : less conviction buy here done wth TTM..
[13:02]   RK : Welcome Kathir
[13:02]   Vikkas C : @RK are u aiming at 360 in TTM
[13:03]   RK : yes 360 for intra
[13:03]   RK : or max tmw open..
[13:03]   Vikkas C : ok cool 🙂
[13:05]   RK : if breaks low then will convert into sell for 320 🙂
[13:12]   Vikkas C : @RK see TTM on 30 mins ..hugging the 200sma
[13:14]   RK : got no charts except Pi
[13:14]   Vikkas C : oh ok..
[13:15]   r m : @Vikkas, RK excels on Excel 🙂
[13:16]   RK : RM you know my kindergarden adventures with excel:)
[13:17]   r m : lol
[13:17]   Vikkas C : 🙂
[13:17]   r m : I mean you trade simply from tables 🙂
[13:17]   RK : Yeah because cant handle things better with all those indicators..slow brain 🙂
[13:19]   Vikkas C : shai view on bpcl ?
[13:19]   Shai : missed bankindia
[13:20]   RK : Vikkas BPCL perfectly playing on Sha’s Map
[13:20]   Shai : please send anothe msg just in case a query gets skipped
[13:20]   RK : Shai’s map
[13:20]   Tejpreet : Sure Shai
[13:21]   Shai : Banindia may test 155 sl is 140 from here
[13:21]   RK : scaled 872 and 885 and am out..hope it wll give a dip before it moves to his final tgt above 900 🙂
[13:21]   Tejpreet : Thanks Shai.
[13:22]   Shai : bpcl may see 888/ 890 todau
[13:22]   Vikkas C : shai do u see bpcl doing 914 types this week
[13:22]   RK : Shai since you said, reminder here for TCS weekly sup/res pls 🙂
[13:23]   Shai : yes abt 917 if we close abv 890 today or tom
[13:23]   Vikkas C : thanx shai
[13:23]   Shai : sure RK thanks
[13:23]   Vikkas C : rk thanx for BPCL 😀
[13:24]   Shai : 2612 is the big weekly res in tcs
[13:24]   RK : Welcome Vikkas
[13:24]   Shai : expecting short covering abv 2612 for 2655 even 2735
[13:25]   RK : was expecting 2630 on TCS..Thanks Shai..will check around 2610..
[13:25]   Shai : 2520 weekly supp
[13:32]   Gaurav : Shai ICICI looking good for 290?
[13:35]   Shai : no – feel it is weak below 282 can can see 276
[13:35]   Gaurav : Thanks Shai
[13:44]   Manthan : YES Shoorts Covered at 685, Thanks Shai
[13:49]   Shai : great trade
[14:32]   Gaurav : This Adani Port trade was rocking. Thanks Shai
[15:00]   Kathir : RK hul above 864
[15:03]   RK : above 870 shortcoverng may happen..it would be buy above 870
[15:03]   RK : F
[15:03]   Kathir : ok shai mentioned a close above 864 spot will give 40 up positioal
[15:04]   RK : yes
[15:04]   RK : Sha’s 850 held well too
[15:04]   Kathir : RK can we buy if we see a close above 864 spot today?
[15:05]   Kathir : or wait for 870 f to cross
[15:05]   RK : its still a range..better to watch tmw open to enter
[15:05]   RK : position
[15:05]   Kathir : ok thanks
[15:06]   Kathir : That Pe I exited with smal profit 🙂
[15:07]   Uttam : Shai Sail could not sustain above 52.2 today, sign of weakness?
[15:07]   Uttam : broken down below 50.8 now
[15:07]   Vikkas C : @RK whats ur sl for telco ?
[15:07]   RK : HUL optons are always better to write than buying..mostly stuck in a range
[15:07]   Kathir : ok
[15:07]   RK : day’s low Vikkas
[15:08]   Vikkas C : k..was thinking of entering now
[15:08]   RK : Vikkas that breakout was not successful..
[15:09]   RK : so again better to enter tmw morning after taking a clue..
[15:10]   Vikkas C : agreed RK ..
[15:16]   Ashish : Shai, Cipla targets on upside?
[15:21]   Kathir : @RK you was right HUL was kicked back from 870 F
[15:21]   Shai : CIPLA closing at res 685
[15:22]   Shai : possible 736 is we open and continue abv today highs tom
[15:22]   Ashish : Thanks Shai..
[15:28]   Vikkas C : HUL making a move again