OrderFlow charts and Notes 21/08/15

[08:47]   r m : Good Morning folks!
[08:48]   r m : http://vtrender.com/levels-and-plan-for-21st-aug-2/
[08:48]   r m : http://vtrender.com/orderflow-charts-and-notes-200815/
[08:48]   Gaurav : Morning R M
[08:48]   r m : Hi Gaurav
[08:48]   r m : http://vtrender.com/option-values-dt-200815/
[08:48]   r m : Nifty AUG Future levels | Key Reference Area 8335 | Hypo1 above 8404➜8437 SL 8370 | Hypo2 below 8335➜8285 SL 8385
[08:48]   r m : Banknifty AUG Future levels | KRA 18157 | Hypo1 above 18510➜18666 SL 18410 | Hypo2 below 18157➜17985 SL 18255
[08:49]   Ashish : GM RM and friends
[08:49]   r m : Hi Ashish
[08:51]   Manthan : Mng Everyone
[08:53]   r m : looks like overnight shorts are in for a bonanza!
[08:56]   Prakash : gm all
[08:57]   John : Gm all 🙂
[08:57]   Kiran : GM
[08:59]   Srini A : GM All
[08:59]   Vikkas C : GM all
[09:05]   Shai : GM all
[09:05]   Tejpreet : GM All.
[09:06]   Vikkas C : does omnavia download a lot od data ..since past 2 mnths i have been using more then 50gb data on my monthly plan ..any idea ?
[09:06]   Prakash : wt to do if we open @ hypo 2 taget, since SGX @ 8280
[09:06]   Moses : GM All
[09:07]   Shai : Instant reward for the shorts carried over last night- 8280 wll be here at open
[09:07]   Prakash : no vikkas, past 1 week it used 400kb
[09:07]   r m : @Vikkas, it uses big data, the whole screen is getting refreshed every second I tihink
[09:07]   Vikkas C : yeah RM thot so
[09:07]   Sankar : GM Shai, RM, everyone :).
[09:07]   r m : you are lucky Prakash, I am using my full 20 GB quota every month 🙂
[09:08]   Vikkas C : but RM mine is 50gb
[09:08]   Vikkas C : which is getting used in full capacity
[09:09]   r m : ok, i have bandwidth problems so not getting full bandwidth all the time, hence the savings 😀
[09:09]   Vikkas C : hahaha :p
[09:09]   Sankar : Vikkas, yes, this chart uses a lot of bandwidth. While travelling, I use dongle. Thats when realized that. An entire day using this chart, it easily eats up 300-400MB of data. so for 20 trading days, do the math :).
[09:09]   Vikkas C : anyone els facing this issue ?
[09:09]   Prakash : sorry rm & vikkas, this is only my home usage, my office have 150gb, so no usage problem
[09:10]   r m : lol
[09:10]   Vikkas C : damn sankar ..my internet was cut off yesterday cos i had used the full limit ..so had to make a payment in cash to get it reactivated
[09:10]   r m : @Prakash, that is why i said you are lucky 🙂
[09:11]   John : @Vikkas i face dthe same issue last month, my 15 GB was gone near the month end 🙂
[09:11]   Prakash : vikkas try 80gb unlimited plans, beyond limits u will get 512mbps free
[09:12]   Anay : GM All
[09:12]   Prakash : ok pre open NF spot @ 8305
[09:12]   Sankar : 🙂
[09:12]   Vikkas C : yes prakash..thanx 🙂
[09:13]   Manthan : Jungalee Bill is likely to open right at Target of Hypo2
[09:13]   Shai : yes charts are live, so data will be consumed
[09:13]   Uttam : GM all
[09:14]   Kiran : I think 500 MB per day is a approx usage.
[09:15]   Shai : threat of 8150 F is there if we close below 8340 F today
[09:15]   Shai : by Mon/ tues
[09:15]   Uttam : so shorts to be held on with TSL 8420?
[09:15]   Shai : yes
[09:15]   Shai : 8220 spot supp
[09:16]   Kiran : Shai, for those who misssed like me. Duffer. Pl tell reentry points.
[09:16]   Tejpreet : yes i got 300 put at closing 44 out 104 !
[09:16]   Tejpreet : 8300
[09:17]   Uttam : thanks Shai
[09:19]   Shai : Nice one Tejpreet
[09:19]   Shai : 8267 and 8287 res now for the open
[09:19]   Shahid : where is Pink- green line?
[09:19]   Tejpreet : Yes for a change got some good points always doing those 8- 10 points .
[09:20]   Tejpreet : Thanks Shai for letting us know these turning points.
[09:20]   Kiran : Tej , how to take this 10 pointeers ?
[09:21]   Kiran : My problem is I am not full timer. when i am online, i can do these and close the positions in an hour.
[09:21]   Tejpreet : Kiran just follow the points Shai mentions during the chat and punch in orders at ATM puts with tight SL.
[09:21]   Sankar : @Shai, positionally, booking half and rest trailing with KRA is good?
[09:21]   RK : GM Shai,RM and all
[09:21]   Sankar : or any other better TSL for positional shorts?
[09:22]   Sankar : ok. just seeing the messages. 8420 TSL.
[09:22]   Sankar : Tx.
[09:22]   Sankar : messages are coming slow today.
[09:22]   Kiran : pk Tej
[09:22]   Kiran : ok Tej
[09:22]   Shai : Yes Sankar allow 10 points abv KRA
[09:23]   Kiran : Tej , it is NF or BNF ATM
[09:24]   Shai : this may see 8150 today itself
[09:24]   Shai : panic is there
[09:25]   Tejpreet : Both can be done BN 20 points on options .
[09:26]   Shai : Shahid pink green is above
[09:26]   Ashish : Shai, where to inititae shorts?
[09:26]   Ashish : please advise level
[09:27]   Shai : looking at 8255 and 8280 in 2 parts
[09:27]   Ashish : Thanks Shai
[09:27]   Shai : spot 8220 is known supp
[09:27]   Ashish : ok
[09:28]   Shai : below 8220 spot is the other point for a quick sell
[09:28]   Shai : roughy 8217 F
[09:28]   Ashish : thanks
[09:29]   Shai : abv 8290 F can move to 8335 where the trend for next week can get decided if longs close out at 8330
[09:30]   Shai : BNF 17899 F rough supp for this open
[09:30]   Shai : below 17899 is a fall to 17765
[09:30]   Shai : allow a few points as expiry is making the premiums lopsided
[09:31]   Shai : 18157 F now res on upmove
[09:32]   Shai : opening 15 mins has done 37 L which is very very heavy
[09:33]   Porus : MO is -76, tho intraday not so meaningful.
[09:34]   Shai : hmm
[09:34]   Tejpreet : But Shai opening 30 min is loaded with greens .
[09:36]   r m : that will be shortcovering Tejpreet by overnighters raking in the loot 🙂
[09:36]   Uttam : that may be because ppl covering shorts
[09:36]   Tejpreet : Yes could be .
[09:37]   Kiran : vWAP dots are RED signals in BNF. Shai pl add in a box.
[09:38]   Shai : yes those greens are also heavy
[09:38]   Shai : 8217 ref line for intra now
[09:38]   Shai : potential OAOR at vwap for next few hours
[09:40]   Shai : 8217- 8267- 8288 for now
[09:46]   Chandrashekhar : Shai can shorts be initiated at 8267 if it goes there?
[09:48]   Shai : no wait
[09:48]   Uttam : BNF above today high will be good to cover shorts or as you said 18157 will be a better TSL?
[09:49]   Chandrashekhar : ok shai
[09:53]   Shai : small counter trend intra day longs for 8287 sl of 8237 cmp 8256
[09:54]   Shai : only for intra dayers
[10:01]   Aayush : shai, do u see a possibility of 8350 for the day or is it too early to say
[10:02]   Shai : Not yet Aayush but will watch for buying around 8288 F
[10:06]   Shai : 8267 crosses then it can scooot up 20 points as there are only buyers up for thse 20
[10:07]   Shai : but if they start liquidating we may break vwap also
[10:08]   RK : Shai this time V20F not generated any positional short calls during this fall in NF and BNF..any reasaon?
[10:09]   RK : timing was always right before such big moves but didnt saw them hence asking
[10:11]   Shai : RK there was a positional alert yesterday, which got trapped in the server :(. Mkt gapped down before could update today manually
[10:11]   RK : oops 🙁
[10:12]   RK : whenever I see that alert, will not have any hesitation to carry existing positions..always that supported..quit BNF yday though NF was carried 🙂
[10:14]   Vikkas C : RK i quit everything yesterday 🙁
[10:14]   Vikkas C : and now sitting doing nthg 🙂
[10:16]   Hemant : Quit everthing Vikkas? Doesnt sound right bro
[10:17]   Vikkas C : booked shorts completely hemant ..and nil positions
[10:17]   r m : @Hemant, all positions he means, not sanyasa 🙂
[10:17]   Vikkas C : hahaha RM
[10:19]   Hemant : Great 🙂
[10:19]   r m : NF did 2.5 IB yesterday and BNF did 4IB, so it was not a bad decision to quit everything Vikkas
[10:20]   Vikkas C : yes RM..i was short from 8530 to 8380..200 points i think is good enuff ..
[10:20]   Vikkas C : but this gap down made me greedy
[10:20]   Vikkas C : 🙂
[10:20]   Hemant : Shai, Can get into 8300 CE at 8256?
[10:21]   RK : Vikkas the reason am sticking to stocks is one reason to know trend better..and when we break such compressed range, its always better to carry some positions..after all we may close them at cost so always good RR when range extends 🙂
[10:23]   r m : BNF wnat to give more 🙂
[10:23]   r m : *wants
[10:24]   Vikkas C : yes RK 🙂 point noted
[10:24]   Ashish : 17899 is here
[10:27]   Vikkas C : shai can NF and BNF just rotate in IB ?
[10:33]   Tejpreet : Nifty sticking to vwap so early in the day …looks like next 30-40 point move round the corner .
[10:34]   Shai : exxit the NF long trade intra near cost here
[10:35]   Shai : Hemant go abv 8267 add abv 8288
[10:35]   Hemant : Ok Shai 🙂
[10:35]   Aayush : shai any level to short?
[10:40]   Ashish : Shai, please shift 30 minute charts of NF and BNF
[10:43]   r m : @Ashish, 30 minute chart already there, footprint chart second from left?
[10:44]   Sankar : RM, 30 mins charts kind of zoomed up I think, we are not able to see the current price level… ?
[10:44]   Ashish : Yes RM, i mean shift these charts little upwards to see the numbers
[10:44]   r m : ok
[10:49]   Shai : Sell BNF below 17850 sl of 17912 tgt 17770
[10:56]   Shai : NF lost that opportunity to corner shorts abv vwap
[10:56]   Shai : now 8267 res on day though 8289 is the safest
[10:56]   Shai : but may probe 8217 aagain here
[10:56]   Soumya : What is the Nifty positional view Shai?
[10:57]   Soumya : Can it go to 8000?
[10:57]   Tejpreet : Shai as of now out of N and BN which is looking more weaker on the profile ?
[10:59]   Shahid null : Shai, On mobile App, chat history is not visible? if its available we can check periodically.
[11:00]   Shahid null : Any suggestion on good pack for internet acess on smartphones to suppout data usage
[11:01]   Sankar : Mobile has an app to view this omnovia?
[11:02]   Sankar : can u share the link/info Shahid? Tx.
[11:02]   Kiran : Yes Sankar,
[11:02]   Kiran : android i have installed
[11:02]   Kiran : but not using, u need 3G
[11:03]   Sankar : Tx Kiran. I have 3G, but on IOS.
[11:03]   Shai : Soumya 8132 would be roughly the tgt on spot this month
[11:03]   Shai : res around that 8446 mark into sept closing basis
[11:04]   Shai : Shahid the app is live feed only but on the desktop you may get the past 20 minutes
[11:05]   Soumya : What is the mo rm bhai?
[11:07]   r m : it was -75 at open
[11:07]   Soumya : now?
[11:09]   RK : (11:09) Shai :Sell NF 8235- 8240 zone sl of 8268 tgt 8217/ 8197
[11:09]   Shai : (11:09) Shai :Sell NF 8235- 8240 zone sl of 8268 tgt 8217/ 8197
[11:11]   r m : @Soumya, MO -71 now but does no have much significance intraday, better to check near closing for estimating risk
[11:14]   Soumya : ok brother.. understood
[11:16]   Shahid : @Sankar, Shai can send you a link of mobile app, it has come along with welcome kit
[11:18]   Aayush : @rm, whats the extreme it has gone in recent times?
[11:20]   Kiran : https://vtrender.omnovia.com/
[11:20]   Kiran : same as desktop
[11:21]   Kiran : u need omnovia software to be installed.
[11:23]   Kiran : Shai the volume voilet line , can u pl make more faint
[11:23]   r m : @Aayush, A picture is worth a thousand words – Saint Shai 🙂 http://screencast.com/t/kKV130j2CBW
[11:25]   Aayush : thanx..
[11:25]   r m : welcome
[11:30]   Nandesh : few min back in petronet vol is high– plz trll me who is dominating buyer or seller
[11:31]   Kiran : rm, i want to automate some trades, can you please guide , I can use NEST/Pi,
[11:31]   Varun : @shai what would be tpo poc of yesterday + today
[11:33]   r m : @Kiran, I don’t have experience on that, maybe Zerodha can guide you i they are your brokers, Trudeata are also providing automation for ami to NEST i think
[11:33]   Sankar : Thanks Kiran, Shahid. will check it.
[11:34]   Sankar : @RM, looking at that chart, entire year looks rangebound. Being +ve this year itself is a big thing :-D.
[11:35]   Kiran : thanks rm
[11:35]   r m : @Sankar, if you are trading intraday, using 3 year chart is like finding needle in a haystack 🙂
[11:35]   Sankar : lol :).
[11:37]   Rohit : Thank you
[11:42]   Shai : Varun tPO will still be higher near 8470 as we spent over 3 hours there y’day
[11:42]   Varun : and vpoc
[11:43]   Shai : TPO- NF 2 day- http://screencast.com/t/RaALIRurIO
[11:44]   Varun : thnks shai
[11:45]   Shai : Vol profile 2 day- http://screencast.com/t/qf6Z5ycKl
[11:45]   Shai : welcome
[11:45]   Porus : Shai and Varun – what is the relevance of the higher/lower TPO?
[11:46]   r m : @Varun, you need to add 2 more TPOs to shift that POC http://screencast.com/t/5RIXsHqyIDr
[11:47]   r m : sorry 3 more TPOs, 2 mein to draw ho jayega 🙂
[11:47]   Varun : hw abt i break the ib high and ge violent, although gaps which dnt fill in ib dnt fill mostly
[11:47]   Varun : 😉
[11:47]   r m : violence is difficult to control 🙂
[11:48]   Varun : ya more in inbalance, no hols barred
[11:48]   Varun : holds
[11:48]   Varun : 🙂
[11:49]   Aayush : but varun, on other hand, when during a trend, if if yday closing has been near low, and it gaps down, then its a sign of desperation by sellers to cover up.
[11:50]   Varun : didnt get u aayush on tht part
[11:50]   Shai : Porus more tpo’s means acceptance which is value created
[11:50]   Shai : we look at it as balance to imbalance- currently we are seeing whether a balance can form
[11:51]   r m : Varun getting violent 😀
[11:51]   RK : Man! someone deploying all his cash! 🙂
[11:51]   Varun : i had a saignal at 34
[11:51]   Varun : signal abt it
[11:51]   r m : ok
[11:51]   Shai : sl is 8268 – exit if taken
[11:52]   Shai : NF short intra stopped
[11:53]   Aayush : like yday if closing has been near low, and then we did a gap, so it can also be considered a sign that sellers are desperate for cover. but there has to be a selling trend.. more on the lines of exhaustion
[11:54]   Varun : not agree
[11:54]   Varun : if sellers vcan give a gap down after a lowest close, means thy are fresh and fire in belly
[11:54]   r m : @Aayush, normally “desperate” word is used for those who are in losing position
[11:55]   Varun : thy did a 100 point gap down and first in the series so exhaustion doesnt come true
[11:55]   Aayush : im not able to put it into words. will see if i have the material with me
[11:56]   r m : ok
[11:56]   RK : Shai after a drive, VWAP and dVAH accepted..low done for the day?
[11:57]   Shai : RK more likely roatations and a Normal day now
[11:57]   Shai : 20 points either side of vwap so far
[11:58]   RK : ok..and except for that panic open, all through the day poc and VWAP is merged..
[11:58]   Shai : yes
[11:58]   Shai : that vol is heavy and should define trend for next week
[11:58]   Shai : 8289- 8222
[11:58]   Uttam : the volumes at open you mean Shai?
[11:58]   RK : ok
[11:59]   Shai : yes first 15 was about 36 L
[11:59]   Uttam : ok thanks 🙂
[12:05]   RK : looks like somebody kidnapped Shai’s SL out of this room 🙂
[12:05]   Varun : rk see the spike rite a t tht point
[12:05]   Varun : most would hve cvrd thr
[12:05]   RK : Varun loved to short it..but dont wanna to add more to existing bag 🙂
[12:06]   RK : looking to offload and dont want to add more..
[12:07]   RK : either you drive down or up..on a drive day, failure at VWAP and back again to extend range would lead to worst than originally how it would have been 🙂
[12:07]   Varun : it hink its settled for 8250
[12:07]   Varun : closing
[12:08]   RK : happily accept that if it do so
[12:08]   Tejpreet : That means no more trading left 🙂
[12:08]   Varun : fade 8280/8210
[12:08]   RK : Tej in my view, If index settles at vwap towards close then stocks would search for new lows on a trend day towards close 🙂
[12:08]   Varun : breakout abv those levels only
[12:09]   RK : on contra if Index tries to move up, stocks would be happy to jump in both the legs for front running..
[12:09]   Tejpreet : Ok RK means lokk for stocks now index done .
[12:11]   RK : yes If index stalls in this range
[12:14]   RK : Shai any view with ES..back to that pivotal 2035 🙂
[12:15]   Shai : Bein a friday don’t rule out a last hour move
[12:15]   Shai : there is some pain still left in the index as retail has been adding heavy longs past 2 days
[12:16]   Naveen : now what will the fresh entry be shai?
[12:16]   Shai : NO RK haven’t looked at ES in a while
[12:16]   RK : Yes still feel that flushout yet to happen on downside
[12:16]   RK : fine Shai..
[12:16]   Shai : Naveen it’s unfortunate the stop went but we should test 8217 once
[12:17]   Shai : still a short with sl 8268
[12:17]   Shai : (10:56) Shai :now 8267 res on day though 8289 is the safest.(10:56) Shai :but may probe 8217 aagain here
[12:18]   Naveen : ok shai
[12:24]   Bhagya : what is the current wap for august series on nifty futures
[12:24]   Bhagya : shai sir, answer plz and also for bank nifty fut
[12:26]   Naveen : 8248 on nf
[12:27]   Naveen : 17943 on bnf
[12:27]   r m : august series should be around 8484 for NF
[12:27]   r m : http://screencast.com/t/Fy5ND1I2ZcLi
[12:29]   r m : that is from 29th July when volumes begin building up in next series
[12:29]   Naveen : oops…misread it..sorry bhagya
[12:30]   Bhagya : sorry i wanted august
[12:31]   r m : BNF Aug series vwap should be 18700 http://screencast.com/t/2BVpMjymY
[12:32]   r m : @Bhagya, it is for August Series, volumes counted from 29th July instead of 31st July
[12:45]   r m : another vwap attack, Varun is bent on taking it up 🙂
[12:46]   Prakash : shai can we get ready to buy the dip on euro open, euro may open -ve as DAX F suggests so.
[12:47]   r m : Europe is already open
[12:48]   r m : http://money.cnn.com/data/world_markets/europe/
[12:50]   Prakash : tnks RM
[12:50]   r m : welcome
[12:52]   Kiran : that volume spike strategy, gave 2 trades in BNF, not traded yet. 12:20 candle. #learning
[12:52]   Augustin : @Shai – What is a good level to go Long in Sep BNF?
[12:53]   Prakash : @kiran that 12.20 & 12.40
[12:53]   Kiran : Shai can u lower the MP chart, or u expect to break down in afternoon.
[12:54]   Kiran : BNF
[12:55]   Kiran : Prakash, buy in 12:30 candle,
[12:55]   Tejpreet : Shai NF buy trade only above 8268 or now at vwap with sl.
[12:56]   Shai : safer abv 8268- here it is rotating
[12:56]   Kiran : thanks shai
[12:58]   Prakash : tnks kiran #learning
[12:59]   Tejpreet : Thanks Shai.
[13:04]   Prakash : shai buy NF triggered
[13:06]   Shai : BNF
[13:10]   Shai : BNF meetng a lot of selling at the highs
[13:11]   Shai : 17983 supp below that vwap
[13:11]   Ashish : NF shai?
[13:11]   Shai : vwap supp
[13:12]   Sumit K : @rm – MO?
[13:12]   r m : @Sumit, trading hourly MO? 😀
[13:12]   Ashish : OK shai
[13:13]   r m : MO -67
[13:14]   RK : 1 pm rise in the down trend day?
[13:14]   Shai : BNF just came off
[13:14]   Sandeep : as it went up
[13:14]   Ashish : Shai, now what are the chances of NF visit to 8217 now?
[13:14]   Shai : vwap still a supp
[13:15]   Shai : we go short in both if vwap breaks for day lows
[13:15]   Ashish : Got it Shai, thanks
[13:29]   Uttam : so BNF short will be below 17940?
[13:33]   Shai : yes that would be right
[13:34]   Shai : we are trading conservative here- no aggressive postns as we are balancing again
[13:34]   Uttam : and SL will be day’s high for tgts day’s low?
[13:34]   Shai : rughlt 18063
[13:35]   Shai : roughly*
[13:35]   Uttam : yep 🙂
[13:36]   Tejpreet : Shai as per gap rules any probability on nifty going for gap fill ….loooking at weekly close.
[13:38]   RK : such a balance on this kind of volume day opens the wide range for next week Shai?
[13:40]   Uttam : NF line turns pink & delta also minus, now it just needs to break VWAP @ 8251
[13:40]   Uttam : BNF also almost there
[13:41]   Manthan : BNF Sell active???
[13:42]   Shahid null : Does it change colour afterwards? is it repainting?
[13:42]   Chandrashekhar : Dpoc also at 8250
[13:43]   Chandrashekhar : shai can we place some SL short order below 8250?
[13:45]   Shai : yes can
[13:46]   Shai : looks like NF will close at vwap
[13:46]   Shai : but a closing here would mean that shorts have to be careful as MO hits 70 region
[13:47]   Shai : could mean a bounce
[13:47]   Shai : whch can be traded through some calls at close
[13:47]   Tejpreet : So some speculative 8400 calls at close ?
[13:47]   Shai : yes
[13:48]   Shai : could be a 8350 – 8150 expiry week
[13:51]   Uttam : bnf taking support @ VWAP
[13:52]   Manthan : Shai, any possibility we close below 8200???
[13:56]   Uttam : BNF Sell?
[13:56]   Shai : Does not look likely yet, but 8220 spot is the supp
[13:56]   Manthan : ok
[13:58]   Rahul N : @shai what series calls should i buy or should i sell options when the desi MO hits 70?
[13:58]   Chandrashekhar : looks like nothing is gonna happen today, only SL hunt moves
[14:00]   Shai : Rahul can get a 100 point jump in NF on that MO min so go with sept ATM calls
[14:00]   r m : Time for playing expiry-expiry game – http://tinyurl.com/NiftyExpiryCalc
[14:01]   r m : vix based expiry estimation
[14:01]   Ashish : Thanks RM
[14:02]   Augustin : Thanks RM
[14:02]   r m : welcome, all Shai’s tools 🙂
[14:02]   Varun : slow claps rm
[14:02]   Ashish : Thanks Shai…
[14:02]   Varun : mauke pe chauka
[14:02]   r m : lol
[14:02]   Varun : abv 8290 i will get into 8400 ce
[14:03]   Varun : letrs see a 3x
[14:03]   r m : ok
[14:03]   Varun : wht if tht hvn at 8480 attracts it back
[14:03]   Varun : like a magnet
[14:04]   Varun : bears should have capitalised on gap down today, strange thty didnt r/e ib
[14:04]   Nandesh : both below vwap ??
[14:04]   r m : @Varun, these bears depend on global cues, guess they will get their next cues from ES tonight
[14:05]   r m : Bears to Varun, tumne pukara aur hum chale aaye 🙂
[14:06]   RK : IB break BNF after 2..whip or whoop? 🙂
[14:06]   Varun : and vwap will aaj na chorunga tuhe
[14:06]   r m : lol
[14:06]   Varun : tujhe
[14:10]   r m : MO has cooled down to -64
[14:10]   r m : let us see where it is near closing
[14:16]   Varun : now with tpo/vol poc shifting down in todays balance if we add yesterday, we should stay below it for bearish skew
[14:17]   Varun : else bears nt doing a good job
[14:17]   Vikkas C : and that lvl wud be varun ?
[14:17]   Varun : 8250
[14:17]   r m : was about to type that though only in context of TPO POC shifting down
[14:17]   r m : 🙂
[14:17]   Varun : 😉
[14:17]   Shai : yes 2 day TPO now at 8252 for th imbalance
[14:18]   r m : what a beautiful balance profile today (so far) – http://screencast.com/t/Md9Mg290
[14:18]   Varun : wont mind monday also here
[14:19]   Varun : tht would confirm my bias
[14:19]   Varun : anyone wants to see how bnf did a bad job
[14:19]   r m : Guess an articst can make a livelihood by selling Profile paintings to MP followers 🙂
[14:19]   Varun : will post osmething
[14:19]   Varun : bad job at top
[14:19]   r m : Sure Varun, please post
[14:20]   Varun : http://vtrender.com/levels-and-plan-for-20th-aug-2/
[14:20]   Varun : look at bnf
[14:20]   Varun : trend day
[14:20]   r m : You should ocassionaly post on blog too, 140 char limit is tough on explaining things 🙂
[14:20]   Varun : then at top balnace pe balnace pe balance
[14:20]   Varun : with 14th as trend day
[14:21]   Varun : menas bears were distributing a top
[14:21]   Varun : means
[14:21]   Varun : a day of balnce is fine after a move
[14:21]   Varun : but if it is not ready to continue upmove menas
[14:21]   Varun : distribution
[14:21]   r m : too much balance imbalances again!
[14:21]   Varun : and as value/range broke
[14:21]   Varun : it was mayhhem
[14:22]   r m : Thanks Varun
[14:22]   Varun : roughly a 900 point straight fall
[14:22]   Varun : so now if we spend 1-2 more days here
[14:22]   r m : precise point of tipping was the low of balance range around 18610?
[14:22]   Varun : means accumalation
[14:23]   Varun : ya tht finished of all excess also
[14:23]   Varun : if thr was any
[14:23]   r m : ok
[14:23]   r m : thanks
[14:23]   Varun : 🙂
[14:23]   Varun : simple ref a p or b
[14:24]   Varun : after p
[14:24]   Varun : it shpould break up
[14:24]   Varun : else it will come to the point whre p began
[14:24]   Varun : same for b
[14:24]   Varun : so if we do 2 days balance here
[14:24]   Varun : it will be b
[14:25]   Varun : abd this b starts from roughly 8470
[14:25]   r m : ok, thanks
[14:25]   Varun : http://vtrender.com/levels-and-plan-for-21st-aug-2/
[14:25]   Prakash : tnks varun 🙂
[14:26]   Varun : 8422/8456 shld be visited again if we balance here and break abv 8290
[14:26]   Varun : tht gives shai his mo cooling off also
[14:27]   r m : ok
[14:27]   Sankar : as of now, this is the most peaceful friday. touchwood.
[14:27]   Sankar : but lot of greens in 30 mins charts..
[14:27]   Sankar : 🙁
[14:28]   r m : Yes Sankar, may be weekend position sizing
[14:28]   Shai : BNF saw a bunch of seller hit as soon as it touched that recent lows near 18030 spot
[14:28]   Shai : they were just ready there
[14:32]   Bhagya : today making a perfect normal day formation
[14:33]   Bhagya : on nifty fut
[14:33]   Nandesh : shai 18030 low???
[14:35]   Shai : low of last week it was
[14:35]   Shai : before the jump to 18800 plus
[14:36]   Shai : Yes Normal distribution and a hold
[14:36]   Shai : shorts and longs both have to be careful and hedged as can jump 100 points
[14:37]   Porus : looks like nf wants to do that jump today 🙂
[14:38]   Varun : very tough 8250 will attract it back
[14:38]   Varun : or would be fake
[14:38]   Varun : shld nt do tofday
[14:38]   Varun : whr are the vwap bands
[14:39]   Varun : here thy are
[14:39]   Vikkas C : there u go varun
[14:39]   r m : should be at 8290
[14:39]   Vikkas C : top vwap band
[14:39]   Varun : stop of 10 shld retrace to 50
[14:39]   Varun : trade on
[14:40]   Porus : but bnf is disinclined
[14:41]   Shai : yes short for 8250 sl of 8294
[14:44]   Vikkas C : big seller ath the top
[14:44]   Vikkas C : right abv ibh
[14:45]   Vikkas C : vwap is on
[14:45]   Vikkas C : 45 mins ..
[14:45]   Vikkas C : common
[14:45]   Shai : yes now sellers
[14:47]   Anay : 🙂
[14:47]   Vikkas C : MO RM bolo
[14:47]   Vikkas C : Oops
[14:48]   Vikkas C : RM MO bolo pls ?
[14:48]   Aayush : tryin to crosss the IB i think
[14:49]   Shai : BNF almost at vwap already
[14:49]   Shai : just works better in BNF
[14:49]   Varun : 😉
[14:49]   Vikkas C : noticed now 🙁
[14:49]   r m : @Vikkas MO -61
[14:50]   Shai : buyers
[14:50]   Vikkas C : so as per this MO is cooling down a bit ..making room to make new low on monday ..shai ..???
[14:50]   Varun : buyers somein noe
[14:51]   Varun : stopped
[14:51]   Shai : sudden rush of green
[14:51]   Shai : cleared all supply
[14:51]   Aayush : i think the move was for the SL? what say?
[14:52]   RK : Shai pls check next contract OF
[14:53]   RK : maybe someone playing smart in rollover now
[14:53]   Ashish : game hi change hi gayi..
[14:53]   Sandeep : varun getting into 8400 ce?
[14:54]   Sandeep : as its over 8290
[14:54]   Varun : ya but would have liked it t0o be on monday
[14:54]   Varun : this spike will have a bad end
[14:54]   Vikkas C : look at the sell orders
[14:54]   Vikkas C : they are biggggg
[14:54]   RK : spike in NF only not as much as in BNF
[14:55]   Vikkas C : agreed RK
[14:56]   Vikkas C : shai whats happening
[14:56]   Vikkas C : this is some serious sell orders
[14:56]   Chandrashekhar : as varun says, never trust the last hour spike 🙂
[14:57]   Shai : sept on screen
[14:57]   Porus : DAX is just 20pts own now. Something brewing in Europe perhaps.
[14:57]   Shai : some buyers there
[14:57]   Shai : but not in BNF
[14:57]   Shai : Vikkas rollovers
[14:58]   Shai : NF can do 8335 now
[15:00]   Vikkas C : shai these cguys doing rollovers 4 days in advance ..any hints what they are planning ?
[15:01]   Vikkas C : can expiry be below 8180
[15:01]   Vikkas C : *8150
[15:01]   RK : Vikkas such rollovers normally happen on Friday before expiry..
[15:02]   Vikkas C : ohh..kk
[15:02]   Shai : most of the big guys start rolling from thurs prior
[15:04]   Porus : Shai, lots of puts are being added in this upmove.
[15:04]   Varun : nt seen days where we are abv vwap sd3 and vwap nt inching abv
[15:04]   Porus : Is that consistent with rollowver?
[15:04]   Shai : happened y’day also
[15:04]   Rahul N : @shai can i buy 8400ce here or should i wait for manday?
[15:04]   Varun : in the fall
[15:04]   Shai : Can Buy Rahul
[15:05]   Varun : means this spike is without volume
[15:05]   Varun : but later on vwap moved down
[15:05]   Varun : to come in sync
[15:05]   Shai : even here if you see 8280- 8289 that vol is mopping up of all sellers
[15:06]   Shai : everything was taken up on offers
[15:06]   Rahul N : @shai should i buy8400ce here or wait fro manday ?
[15:06]   Varun : market deta calls them stop loss triggers
[15:06]   Varun : on thr flow teaching
[15:06]   Varun : says ointeresting to see wht happns if we retrace at these levels
[15:06]   Shai : Rahul we may come back 8280 again MOn – so go part here and part Mon
[15:09]   RK : vol sellers at top in NF and BNF
[15:10]   Tejpreet : These reds are making it difficult to carry calls 🙂
[15:10]   Tejpreet : Guess time to become nil and enjoy the weekend .
[15:13]   RK : huge trap for both buyers and sellers on a same day..once in a while moment 🙂
[15:13]   Sankar : lol.
[15:15]   Anay : so much time being spent above vwap sd3
[15:15]   RK : Yes..and mostly Red there
[15:15]   RK : hardly green
[15:16]   Vikkas C : 8200pe can be a multibagger it seems
[15:16]   RK : for the next week they have given enough work to dig today data 🙂
[15:16]   RK : *two days
[15:16]   Varun : anay thy listen to you
[15:16]   Varun : shld hve come little early
[15:16]   r m : MO ha cooled up to -56!!
[15:16]   r m : or shall we say warmed up to -56
[15:16]   r m : 🙂
[15:16]   Shai : 🙂
[15:17]   RK : RM we know your plans now 🙂
[15:17]   Varun : no cool for -65 to -56
[15:17]   Aayush : shai so whats it finally, longs for the weekend or not?
[15:17]   Shahid null : Agressive selling going on?
[15:17]   Varun : spike failing from top in last 10 mins
[15:17]   Varun : this will go back to 50
[15:17]   Varun : on monday
[15:17]   Gaurav : Will add calls on MOnday. Seems like a better bet than today?
[15:18]   Vikkas C : this will atleast retest todays low
[15:19]   Shai : No Aayush stay away from new postion
[15:20]   Shai : would have picked up some calls near 8250 happily for 8335 but not here
[15:20]   Varun : rm see of
[15:20]   Sandeep : but at 8250 we were waiting for 8217 !
[15:20]   Varun : nw remeber bnf
[15:20]   Varun : rally bal- and back
[15:21]   Shai : Sandeep for the closing at 8250
[15:21]   Sandeep : okay
[15:21]   Shai : this balance is broken off too early
[15:21]   Varun : ya intraday such break in2 hrs
[15:21]   Varun : but we were too far off from tpo poc
[15:22]   Varun : 45 degree had to come in
[15:22]   Varun : lets see
[15:22]   RK : yeah someone rushed and broken well made balance..rogue guys
[15:22]   Varun : such moves look good in morning
[15:22]   Varun : time for poc to shift up and all
[15:23]   Anay : VIX has cooled down from highs
[15:23]   Anay : @rm MO update plz 🙂
[15:23]   Varun : whts vix
[15:23]   Varun : 56 anay
[15:23]   Sankar : 17.17 Varun.
[15:24]   Varun : (14:54) Varun :this spike will have a bad end
[15:24]   Anay : https://www.dropbox.com/s/6qn3r7wr4avfg8x/India%20VIX%20Daily.png?dl=0
[15:25]   Manthan : SPIKE SPIKE
[15:26]   r m : MO -56 at 15:25 🙂
[15:26]   RK : have never seen current view of OF..looks like huge arch 🙂
[15:26]   Aayush : doji on daily in indices
[15:27]   Sandeep : doji ?
[15:27]   Sandeep : we r down 1%
[15:27]   Shai : there are buyers here at 8285
[15:28]   Shai : we should see 8335 again MOn sl of 8245 below poc
[15:29]   Aayush : sandeep ji.. doji has open=close.. no relation with previous days close
[15:29]   Ashish : Thanks and bye all…enjoy weekend guys
[15:30]   Sandeep : okay
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Tejpreet : Bye All.
[15:30]   Sankar : Have a good weekend all :). See you on Monday.
[15:30]   RK : thanks and bye all
[15:30]   Hemant : Ty folks! Have a great weekend!
[15:30]   Anay : bye all
[15:30]   Vikkas C : thanks and bye all
[15:30]   John : bye akk
[15:30]   Moses : Bye all
[15:30]   Vikkas C : happy weekend
[15:30]   Anay : enjoy the weekend
[15:30]   Aayush : bye
[15:30]   Shai : Bye all
[15:30]   Shai : have a nice weekend
[15:31]   Porus : by all
[15:31]   Sandeep : bye
[15:33]   Uttam : thanks all have a nice weekend 🙂

[09:09]   Tejpreet : Shai Whenever you get time please update on Vix levels for some option play in Sept series.
[09:43]   Shai : vix 18.94 and 19.95 res – supp at 16.20
[09:43]   Shai : No sign of wekness till abv 16.20
[09:44]   Shai : could be a 16-19 range
[09:44]   Tejpreet : Thanks for the update.
[09:54]   Gaurav : Shai Dr reddy pls . Can hold till next week? went long yesterday
[09:55]   Naveen : Shai dlf and sbin views please
[09:57]   Shai : dr redyy supp at 4180 – intra day does not look good till below 4275
[09:58]   Shai : dlf good abv 116 intra may tgt 124
[09:59]   Shai : sbin 256 supp weekly but sellers are present at 265.5
[10:00]   Naveen : thanks shai
[10:02]   Nandesh : dlf SL
[10:03]   Shai : 115
[10:17]   Uttam : any views on Petronet Shai?
[10:30]   Naveen : Shai bankindia views also please
[10:36]   Ashish : Shai, please check tatamtrdvr, cann longs be initiated in this zone?
[10:48]   Gaurav : RIL can be added here Shai?
[10:51]   Shai : petronet still weak below 177 today can do 172
[10:52]   Uttam : yep thought so, thanks 🙂
[10:52]   Shai : bankindia tgt of the move is 155.4
[10:52]   Shai : stops abv 167
[10:52]   Naveen : super thanks shai…am already short 🙂
[10:54]   Nandesh : petronet SL?
[10:54]   Shai : tata motors dvr 2 weekly supp at 233/ 231- keep sl below 227 if initiating as long conf is not yet there
[10:54]   Ashish : Thanks Shai
[10:55]   Shai : 182 sl closing basis petronet
[10:58]   Soumya : Shai how do we look at stocks which are positive or don’t correct in such a fall. Do we take them as movers for the next move up?
[10:58]   RK : HCL long good here to probe 990 again?
[10:59]   RK : @Shai
[11:05]   Shai : Yes potentially they are are considered to be held by stronger hands – the ones who do not fall with index
[11:06]   Soumya : Thank you Shai for your answers !!
[11:07]   Shai : hcl tech good bounce from vpoc 939 – 975 potebtal res
[11:08]   RK : Shai will look into buy by close if it holds..thanks
[11:34]   Vikkas C : shai view on kotak bank for positional longs ?
[11:43]   Vikkas C : also chk TECHM pls 🙂
[11:56]   Nandesh : petronet trend is reversed??
[12:01]   Nandesh : when petronet hit low (174) their is high vol wil u tell me at that Point buyer are high or seller
[12:07]   Shai : sure
[12:09]   Shai : Kotak not showing a lot of supp at 683, still weak below 691 and can drop to 667 if not crosed
[12:10]   Vikkas C : thanx shai ..and techm pls
[12:10]   Shai : techm intra res at 568.6 may turn weak if it comes below 563 again
[12:10]   Vikkas C : thanx shai
[12:12]   Shai : petronet 174.6 had some buying but trend is still lower below 178
[12:13]   Nandesh : tnx
[12:16]   Manthan : Shai, Infy??? any guidance pls
[12:28]   RK : TCS looking good for Shai’s remaining targets here..
[12:30]   Tejpreet : @ rk just booked out 2650 put from 9 to 20 , multiple lots .
[12:32]   RK : Great Tej..thats a rockstar performance:)..am looking to short it below 65 F..lets see
[12:34]   r m : wow Tejpreet, looks like we should all visit you for a party 🙂
[12:34]   Tejpreet : Thanks RK …Shai levels really help you in picking trades .
[12:34]   Tejpreet : RM any time ..ponts or no points you are welcome !
[12:34]   RK : Yeah RM.fix a schedule..there is lot more to grab 🙂
[12:35]   r m : Thanks Tejpreet, yes RK i love grabbing 😀
[12:35]   RK : yeah we all 🙂
[12:35]   r m : 🙂
[12:36]   Tejpreet : On a serious note Shai n RM we can plan s trades meet someplace for all chat room buddies in near future.
[12:36]   Shai : infy looks RB 1158- 1127
[12:37]   r m : Sure Tejpreet 🙂
[12:38]   RK : Tej we all have to sign online petition and fwd it to Shai 🙂
[12:38]   Tejpreet : @ RK you got the first signature done !
[12:38]   RK : lol
[12:46]   Rahul N : @shai can we buy union bank futures for intra day ?
[12:51]   Shai : union bank cash not safe till over 197.1
[12:51]   Rahul N : thanks
[12:51]   Gaurav : safe levels for pnb Shai to go long pls
[12:51]   Shai : abv that you could get 202/ 206
[12:53]   Shai : pnb good supp today at 154 may probe up to 163- positionals safe carry if close abv 163
[12:53]   Gaurav : Thanks Shai
[12:57]   Nandesh : petronet very dull no movement atn SH position all ..should i maintai
[12:57]   Rahul N : what about bank of baroda ?
[12:57]   Nandesh : should i maintain sh position
[13:01]   Prakash : shai there is huge vol @12.40 in HUL, is it buy r sell
[13:04]   Shai : BOb good abv 194 can probe up to 204
[13:11]   Rahul N : thanks shai
[14:02]   Tejpreet : Shai yes bank for positional longs in sept ?
[14:10]   Shai : yes has volumes and nearing 1 obj of the multi month breakdown near 675
[14:10]   Shai : strict sl below 665 if long as if that breaks can run down another 80 points
[14:11]   Tejpreet : Thanks for the levels .
[15:05]   Nandesh : can carry positional sh in petronet
[15:08]   Gaurav : Shai can take Tata Steel for next week?
[15:15]   Shai : petronet keep 182.5 sl for mon open- you may get lowe rprices
[15:16]   Shai : can carry tata steel with sl below day lows
[15:16]   Gaurav : Thanks Shai