The charts and notes from today’s session
History of room Announcements
Date and Time: August 25, 2015 09:15:37
[09:08] Shai : (08:47) r m:http://vtrender.com/levels-and-plan-for-25th-aug-2/
(08:47) r m:http://vtrender.com/orderflow-charts-and-notes-240815/
(08:47) r m:Nifty AUG Future levels | Key Reference Area 7700 | Hypo1 above 7806➜7864➜7902 SL 7720 | Hypo2 below 7700➜7595 SL 7796
(08:47) r m:Banknifty AUG Future levels | KRA 17000 | Hypo1 above 17000➜17118➜17254 SL 16825 | Hypo2 below 16680➜16426 SL 16825
[10:27] Shai : (08:47) r m:http://vtrender.com/levels-and-plan-for-25th-aug-2/
(08:47) r m:http://vtrender.com/orderflow-charts-and-notes-240815/
(08:47) r m:Nifty AUG Future levels | Key Reference Area 7700 | Hypo1 above 7806➜7864➜7902 SL 7720 | Hypo2 below 7700➜7595 SL 7796
(08:47) r m:Banknifty AUG Future levels | KRA 17000 | Hypo1 above 17000➜17118➜17254 SL 16825 | Hypo2 below 16680➜16426 SL 16825
[10:27] Shai : (10:27) Shai :Sell BNf 16980 sl of 17050 tgt 16900
[10:46] Shai : (10:45) Shai :buy a 7400 pe sept at 110- 115. will update on that 1
[10:47] Shai : (10:47) Shai :BNF 16920 part book and move sl to 16980 just abv vwap
[11:07] Shai : (11:06) Shai :BNF short book at 16810 fully
[12:22] Shai : (12:21) Shai :Buy NF over 7792 tgt 7835/ 7900 sl of 7725
[12:35] Shai : (12:35) Shai :sl at cost now in NF
[13:27] Shai : (13:27) Shai :NF book
General Chat Transcript
Date and Time: August 25, 2015 09:15:37
[08:46] r m : Good Morning folks!
[08:47] r m : http://vtrender.com/levels-and-plan-for-25th-aug-2/
[08:47] r m : http://vtrender.com/orderflow-charts-and-notes-240815/
[08:47] r m : http://vtrender.com/consolidated-orderflow-250815/
[08:47] r m : Nifty AUG Future levels | Key Reference Area 7700 | Hypo1 above 7806➜7864➜7902 SL 7720 | Hypo2 below 7700➜7595 SL 7796
[08:47] Porus : Hi RM and all
[08:47] r m : Banknifty AUG Future levels | KRA 17000 | Hypo1 above 17000➜17118➜17254 SL 16825 | Hypo2 below 16680➜16426 SL 16825
[08:47] r m : Hi Porus
[08:55] Augustin : GM all
[08:55] Sharad : GM all
[08:59] Tejpreet : GM All.
[09:01] Kiran : GM
[09:02] Vikkas C : hi RM
[09:02] Vikkas C : GM all
[09:02] Kathir : GM Shai RM all friends
[09:03] Sankar : GM RM and everyone 🙂
[09:03] r m : Hi Vikkas, Kathir, Sankar 🙂
[09:03] John : GM all
[09:04] Kathir : Hi sharad thought about you yesterday when inr rallied up 🙂
[09:05] Sharad : Hi Kathir….
[09:05] Sharad : INR went up very fast… so could not buy it again…as it was one way
[09:06] Kathir : ok
[09:08] Shai : GM all
[09:11] Kathir : @shai do we have to exit ce at open if opens around 7900 or wait?
[09:13] Prakash : gm shai
[09:13] Prakash : gm all
[09:13] Naveen : gm all 🙂
[09:13] Shai : we will book the CE at the open
[09:14] Kathir : roger
[09:14] Shai : a retest of 7920- 40 is called for at the open and can swing anyway based on that retest
[09:14] Uttam : so book all the calls?
[09:14] Shai : swing could be 200 points
[09:15] Moses : GM All
[09:22] Shai : test
[09:23] Shai : yvwap at 7946
[09:23] Shai : above that this little move up at open will be good
[09:23] Shai : 17110 in BNF
[09:26] Vivek K : can yesterdays poor high be touched if we sustain above yvwap?
[09:29] Shai : technically not a poor high as we had a gap down and that is considered as the same as single prints
[09:29] RK : GM Shai,RM and all
[09:30] Uttam : GM everyone 🙂
[09:31] Tejpreet : Shai did you mean gaps are to be considered as single prints.
[09:31] r m : Hi RK
[09:31] r m : Yes Tejpreet
[09:31] Tejpreet : Ok …thanks.
[09:32] Shai : sellers have come
[09:32] Kiran : NF BNF not able to cross yVWAP
[09:32] Shai : 7864 supp
[09:33] Tejpreet : Today these reds would be confusing as it could be profit booking from the lows yesterday.
[09:34] Kiran : very fast movement. before any order the Shai targets there.
[09:34] Sankar : Yeah 🙂
[09:35] Sankar : Shai, is it ok to buy again CEs near 7810 with 7700 as SL? or better wait for some clear stuffs..
[09:35] Sankar : whatever we have booked today morning.
[09:35] Kiran : better to push market orders on these days.
[09:35] Aayush : shai 80% rule at work?
[09:39] Sankar : wow, scary to do anything.
[09:41] Shai : No CE’s
[09:41] Sankar : Ok. Tx.
[09:42] Tejpreet : Opening gap filled ?
[09:42] Kathir : 7900 pe doubled from lows now 🙂
[09:42] Kathir : 7900 pe doubled from lows now 🙂
[09:43] r m : 🙂
[09:43] Kathir : @shai short entry now?
[09:43] Shai : Aayush 80% rule does not work after trend day
[09:44] Aayush : okk
[09:44] Shai : does look like a 7725- 7940 market toay
[09:44] Shai : today
[09:44] Shai : supporting greens at lows are there
[09:44] RK : FIIs and DIIs tussle
[09:45] Shai : could be a balance day
[09:45] Vikkas C : balance is good
[09:45] RK : 40 lacs vol again..great
[09:45] Chandrashekhar : Long at 7800, now TSL at 7830, lets see
[09:47] Tejpreet : 7600 put sold at 65 covered now at 41.
[09:47] Chandrashekhar : looking at 7910
[09:48] Shai : 7865 is res now was support at open
[09:48] Shai : can go long abv it also for 7910
[09:50] Shai : vix has supp at 25.1 and res at 31.15 today
[09:51] Kathir : @shai bnf can 17118 now be resistance for intra?
[09:51] Shai : as long as it stays abv 25 expect 60- 100 point moves in NF
[09:51] Shai : in quick time
[09:51] Shai : yes 17118 good res now
[09:51] Kathir : ok..you mean 7825?
[09:54] Shai : 7800- 7825 is buying
[09:54] Shai : sellers abv 7900
[09:55] Kathir : @RM yest second round selling started around 7940-50 right?
[09:56] Tejpreet : Just checked vix charts since 2007…we have done 80 plus on it ,in fact 50 plus was consistent in 08-09.
[09:58] Shai : sellers comin here 7835-45
[09:59] r m : Yes Kathir
[09:59] Chandrashekhar : tsl hit 7830
[10:04] r m : Vix chart from Tejpreet – http://screencast.com/t/gP490CtajJ9d
[10:04] Aayush : SHAI, selling in usdirn..
[10:05] Tejpreet : Thanks RM 🙂
[10:05] r m : welcome 🙂
[10:11] Soumya : Shai what is the positional nifty view here – multi month?
[10:13] Aayush : \
[10:27] Shai : Sell BNf 16980 sl of 17050 tgt 16900
[10:29] Uttam : done
[10:29] Shai : Soumya positional multi month has gone weak below 8000 now and can tgt 7850/ 7200
[10:30] Shai : one rise possible to about 8300 but that may get sold
[10:36] Ashish : Shai, Any signs of RBI intervening in USD/INR?
[10:37] Shai : not visisble – looks like mkt action only
[10:37] Ashish : OK, thanks
[10:38] Shai : 66.76 still res
[10:38] Ashish : OK shai
[10:39] Uttam : BNF getting below VWAP
[10:40] Uttam : green turning pink & red delta
[10:41] Uttam : now for DPOC of 16950
[10:45] Shai : buy a 7400 pe sept at 110- 115. will update on that 1
[10:47] Shai : BNF 16920 part book and move sl to 16980 just abv vwap
[10:49] Shai : 920 came
[10:50] Shai : It’s dval and just taking some profit off
[10:51] RK : 20 Rs jump that 7400 PE
[10:52] Uttam : wow in 2 mins
[10:52] Uttam : sustaining below DVAL so more pressure?
[10:53] Uttam : keep revising TSL to just above VWap?
[10:53] Shai : positional play that pe considering the rejection we have seen from 7940 ths open
[10:53] Uttam : on every 5 mins close/
[10:54] Soumya : shai can you check NSE: TORNTPHARM
[10:55] Shai : yes below dval more pressure
[10:57] Ashish : Shai, plz shift NF 30 min. chart upwards
[10:57] Ashish : Thanks
[10:57] Ashish : All greens here
[10:57] Soumya : Thank you shai.. What are the chences of 7200 here?
[10:59] Shai : Soumya good but below 7628 certain
[11:05] Uttam : BNF cracking near day low
[11:06] Uttam : revise TSL to DVAL or let it be?
[11:07] Uttam : range extension on downside
[11:07] Hemant : Hello folks. Shai any trades open ??
[11:07] Shai : can revise to dval
[11:08] Uttam : booked out BNF fully, thanks Shai 🙂
[11:09] Sankar : Nice trade 🙂
[11:11] Shai : Hemant all trades can be viewed in Annoumcemnets tab
[11:11] Shai : we have a positional 8400 pe sept open
[11:11] Hemant : Ok Shai, many thanks
[11:11] Shai : 7700- 7725 supp now on day
[11:11] Porus : *7400pe
[11:11] Shai : we are below vwap and IBL
[11:11] Sankar : 7400 PE.
[11:12] Shai : yes 7400 pe 🙂
[11:13] Chandrashekhar : gone long at 7737
[11:15] Varun : shai cn u shift profile a bit lower
[11:15] Varun : or cmpress it a bit
[11:16] Varun : thnsk
[11:16] Uttam : BNF will be a fresh short below 16680 Shai?
[11:17] Sankar : At this rate, Shai has to shift profile lower every 5 mins 😀
[11:19] RK : At this rate Shai has to provide weekly levels every day 🙂
[11:19] Sankar : lol 😉
[11:19] Tejpreet : 🙂 RK
[11:19] Sankar : Shai, any targets on the 7400 PE?
[11:19] Sankar : it doesn’t seems to be a weekly call though.
[11:19] RK : this fall is serious than yday fall..very bad
[11:20] Uttam : close below 7720 spot will be too bearish
[11:21] Varun : but rk look at 30 mins
[11:21] Varun : enitre fall
[11:21] Shai : buying or short covering
[11:21] Varun : no agressive
[11:21] Varun : sellers
[11:21] Varun : only greens
[11:22] Varun : may be fii ocvering
[11:22] Shai : yes
[11:22] RK : possible Varun
[11:22] Varun : first good st
[11:22] Varun : if this bar closes uo
[11:22] Varun : up
[11:22] Tejpreet : But sept 30 min has lots of red.
[11:22] Varun : in 5 mins
[11:23] Varun : qty much higher i think in aug
[11:23] RK : but rollover figs also there..so cant take better decision..
[11:23] Tejpreet : Maybe we get SC in August and SBU in Sept.
[11:24] RK : Charts are late here or my interntet connection lags?
[11:25] Sankar : Charts looking ok for me.
[11:26] Kathir : @SHAI what is the trgt for usd/inr if crosses 66.8 now
[11:27] RK : Tks Sankar
[11:29] Kathir : @RM possible give MO update now
[11:30] r m : sure Kathir
[11:30] r m : MO -114
[11:30] Varun : hnks rm
[11:31] RK : RM century done na..put it in freezer box pls 🙂
[11:31] r m : welcome
[11:31] r m : @RK, 🙂
[11:31] Soumya : What was the low of mo in other such falls rm bhai?
[11:32] r m : @Soumya, it has travelled -160 to + 160 and more 🙂
[11:32] r m : but our buy of CE yesterday gave profits 🙂
[11:32] Kathir : RM thanks
[11:33] RK : no respect for technicals on these days..do inky ponky and select stock and quit quickly 🙂
[11:34] Tejpreet : Exactly RK emotional tarding dumps all technicals and levels.
[11:34] Sankar : Yeah. and the exit was right on time.
[11:34] r m : correction – 160 to +180 during the period for which I have records
[11:34] r m : @RK, technicals only increase probability, if one trades MO, likely to give at last 7-8 good trades and 2-3 bad ones
[11:36] r m : moreover it is a leisurely trade, eod decision and max 3-4 trades in a series 😀
[11:37] r m : This is the full period for which I got MO – http://screencast.com/t/MOB8tdG8IJOs
[11:37] Sankar : RM, just learning purpose, how to trade this MO?
[11:37] Kathir : does anyone know what low SGX went down yest night? i saw 7660 range?
[11:37] Tejpreet : RM these historical MO levels -160 and +180 are just a blip or we stayed around these levels for couple of days.
[11:37] Uttam : 7443 i think?
[11:37] Vikkas C : 7441
[11:37] Kathir : ok thanks guys
[11:37] Varun : @rm were they eod
[11:38] r m : yes Varun, these charts are eod
[11:38] Vikkas C : so RM as per MO what sept 8000ce is the best bet ?
[11:39] r m : @Vikkas, Shai is the best judge of that, me just the plumber around, any leaking faucets? 🙂
[11:40] Varun : lol
[11:40] Vikkas C : lol
[11:40] Varun : plumber and all
[11:41] RK : RM technical comment was in general and not for MO..its certainly a good watch dog for our positions.:)
[11:41] Kathir : lol
[11:42] r m : @Tejpreet, you can check in excel about how long it stayed at those levels, our excel is from 2011 i think, if your PCs are able to take the load, I’ll uploade all the data on that excel/spreadsheet 🙂
[11:43] r m : @RK, yes, what I meant was that techs are meant to be violated, that only tells us their success rates 🙂
[11:44] Tejpreet : Sure RM …thanks . These extreme MO levels are a good RR setup.
[11:44] Soumya : that would be great rm
[11:44] Soumya : can you please put full data mo?
[11:44] r m : The most popular one HnS has very low success rate I read somewher 🙂
[11:44] r m : @Soumya, sure I will, over the weekend
[11:44] Soumya : thank you rm
[11:45] r m : welcome
[11:45] Tejpreet : Plus HNS interpretation is very vague .
[11:48] r m : the more frequent is the occurrence, more popular is the indicator – because one can always pinpoint one successful instance in the chart while ignoring all others 😀
[11:49] Tejpreet : Shai you meant 7200 in August …7628 is close by!
[11:49] Kathir : 🙂
[11:49] r m : 🙂
[11:49] Sankar : 😀
[11:50] Kathir : @tej you have joined FII sellers 🙂
[11:50] r m : Shai’s PE is already up by 50 points!
[11:51] Tejpreet : No Kathir just watching 🙂
[11:51] Sankar : yup. Shai, do let us know any tgt or u just want us to shut up till 7200?
[11:51] Kathir : 🙂
[11:52] Kathir : @RM your LVNs are there at 7756 and 7713
[11:53] Tejpreet : BN pretty steady today just 80 odd points down.
[11:53] r m : is that so? Being a plumber i just created the chart 🙂
[11:53] Sankar : where r u seeing them Kathir?
[11:53] Kathir : @samkar our RM bhai gave this link – – http://screencast.com/t/IDg3B3My
[11:54] r m : @Sankar, in a spot hybrid composite created as per Shai’s principles of joining front month fut volumes with spot prices 🙂
[11:54] Sankar : Awesome 🙂 Thanks RM, Kathir.
[11:54] Aayush : buying prints in bnf in last few candles
[11:54] r m : welcome
[11:55] Kathir : @samkar double thanks to RM 🙂 welcome
[11:57] Kathir : usd/inr breaking highs …
[12:01] Kathir : europe all up more than 2 % ?
[12:04] r m : yes, that is futures trading at other locations, europe opens at 12:30
[12:04] Kathir : oh ok
[12:07] Shai : NF vwap at 7786
[12:07] Shai : 7837 is the other seller
[12:07] Varun : drive crossing vwap will be reversal
[12:07] Varun : poitn i forgot at 8500
[12:08] Varun : exten handlea t 7794 is crucial
[12:09] Varun : strength abv tht with vwap under
[12:10] r m : vwap is almost there only
[12:10] Varun : ya
[12:11] Varun : if we cross 7800, it would be wvap + 20
[12:11] Varun : on a trend day down
[12:11] Varun : day high possible
[12:11] r m : my chat is running late hence vwap msg printed after yours Varun 🙂
[12:12] Chandrashekhar : covered at 7750
[12:15] Kathir : @shai usd/inr levels above 66.80 ? and also support now
[12:16] Varun : i want tht 7950 buyer at top to get an exit
[12:16] Varun : i expect a boom after tht
[12:18] Varun : here it is
[12:18] Varun : cross thw vwap
[12:18] Varun : and then we see 7920
[12:18] Vikkas C : sellers at vwap
[12:19] Varun : thy have to coem to defend
[12:19] Varun : but battle starts now
[12:19] Vikkas C : agreed
[12:19] Varun : do buyers have some fire
[12:20] Varun : i still will go by abv 7800 we will see 7920
[12:21] Shai : Buy NF over 7792 tgt 7835/ 7900 sl of 7725
[12:22] Varun : yes :0
[12:22] Varun : 🙂
[12:22] Varun : poc and day high
[12:22] Varun : the way it should be
[12:24] Vivek K : i bow down to the shai and varun. i really mean it when i say that this chat room trasncripts are more useful than dalton etc
[12:26] Varun : nw help me in crossing 7800
[12:26] Varun : 🙂
[12:27] Varun : u could see next tick 30 points up after 7800
[12:27] Varun : i have witnessed this many times
[12:27] Naveen : buy triggered
[12:27] Shai : yes
[12:27] Naveen : 🙂
[12:27] Uttam : yep
[12:27] Shai : steady buyers from 7710
[12:27] Shai : breaks abv IBL and trade safe
[12:28] Shai : BNF abv vwap and at val
[12:28] Shai : some firm volumes abv val will be as sign of change
[12:29] Varun : strength in nf with everytime it coming back to fight highs
[12:30] Ashish : Europe is green
[12:30] Ashish : DAX +150
[12:32] Shai : yes first big serious pull bacl after 8400
[12:33] Varun : (12:27) Varun :u could see next tick 30 points up after 7800
[12:33] Aayush : shai, if possible, can you please give some views on bnf
[12:34] Shai : 17257 possible BNF intra
[12:34] Shai : sl of 16950 now
[12:34] Varun : copy book stuff
[12:34] Varun : awesome
[12:34] Aayush : thnx
[12:34] Uttam : super Varun & Shai 🙂
[12:34] Gaurav : superb
[12:34] Varun : poc here it is
[12:34] Varun : lets so day high now
[12:35] Soumya : supreb
[12:35] Shai : sl at cost now in NF
[12:35] Varun : n no times is extn handle of dd corssed
[12:35] Varun : trend has changes
[12:35] Varun : changed
[12:36] Soumya : so varun bhai bottm is in place?
[12:36] Shai : No am afriad not – we could be 7725- 7940
[12:36] Varun : for today
[12:36] Varun : closing will matter
[12:36] Varun : now it should not break vwap
[12:37] Varun : till vwap held we are safe
[12:37] Varun : and good if we balcne here
[12:37] Varun : for next 4 days
[12:37] Varun : pain will go out of system
[12:37] Varun : for a steady rise with this deep mo
[12:39] Uttam : great, thanks for sharing your knowledge Varun
[12:42] Varun : shai figures in 5 min
[12:42] Varun : this looks very confusing
[12:43] Varun : thanx
[12:43] Shai : 7868 next vol point
[12:44] Shai : hav to pop up 42 for 68
[12:48] Tejpreet : Shai time to re enter those 7400 sept put around 100 or wait.
[12:48] Varun : 7790-10 should nt break for the entire day
[12:48] Uttam : 7790-7810 you mean Varun?
[12:49] Shai : cn enter Tejpreet
[12:49] Varun : no vwap at 7790
[12:49] Varun : -10
[12:49] Uttam : oh ok got it
[12:49] Varun : thts also our b/o point
[12:49] Uttam : yep
[12:52] Varun : now watching oflow within this last 15 min balnce
[12:52] Varun : stuck seller at 27150 ans 17000
[12:52] Varun : he shld nt get an exit of 10 ints
[12:52] Varun : points
[12:52] Varun : he is gettin it
[12:52] Varun : lets see
[12:54] Kiran : varun , which candle ar eu refereing?
[12:54] Varun : those figures changed
[12:54] Varun : this 5 min only
[12:54] Kiran : ok
[12:54] Vikkas C : buyer aaya
[12:54] Vikkas C : 14125
[12:54] Varun : 45000 seller vs 14125 buyer
[12:55] Varun : lets see who has more power
[12:56] Ashish : Here comes break
[12:56] Vikkas C : seller pressure mein
[12:56] Ashish : upsiode BO
[12:56] Varun : from this mini bal
[12:57] Ashish : Kris, 7900 CE doubled from his last entry
[12:57] Varun : once it corsses 50
[12:57] Varun : 40 should nt break now
[12:57] Varun : else again 7810/7840
[12:57] Vikkas C : varun u sayin that cos of the seller being there right ?
[12:58] Vikkas C : 7840 lvl
[12:58] Varun : break out of range shld nt enter range again
[12:58] Ashish : Shai, plz shift the chart upwards
[12:58] Vikkas C : cool thanx
[12:58] Varun : else it goes to other extreme
[12:58] Vikkas C : got it
[12:58] Varun : although this is just 15 min bal
[12:58] Ashish : Looks like Rajan is in in USD/INR
[12:58] Varun : i like to see 2 hr balnce
[12:58] Varun : to be more sure
[12:59] Vikkas C : interesting
[12:59] Ashish : USD/INR @ day’s low
[12:59] Varun : in bookish terms
[12:59] Varun : 80 5 rule
[12:59] Varun : 80 %
[12:59] Varun : if we cross val we go to vah
[12:59] Varun : so if we break range high
[12:59] Varun : we go to range low
[12:59] Ashish : let us reach VAL mate, it will be a blockbuster then
[12:59] Vikkas C : super
[13:00] Varun : nw help me in reaching day high
[13:00] Varun : some turbulence in 66/90
[13:01] Varun : single prints
[13:01] Varun : sorry 66 to 7920
[13:01] Chandrashekhar : current MO reading anyone
[13:03] Vikkas C : shai can u pull the 5 mind NF a little down pls
[13:03] Vikkas C : *mins
[13:03] Varun : (12:20) Varun :i still will go by abv 7800 we will see 7920(12:21) Shai :Buy NF over 7792 tgt 7835/ 7900 sl of 7725
[13:03] Varun : this is how we roll here
[13:04] Varun : first single crpossed
[13:04] Varun : awesome
[13:04] Varun : nw next
[13:04] Varun : 7920
[13:04] Vivek K : these main points should be pinned on some dashboard for easy reference. super work varun and shai
[13:05] Vivek K : no book will give such learning
[13:05] Vivek K : take a bow
[13:05] Vikkas C : varun mere bhai …points banakar put it up some where brotha
[13:05] Vikkas C : will help everyone 🙂
[13:06] Varun : 🙂
[13:06] Varun : thy come in live
[13:06] Varun : and i am fumes with my self
[13:06] Varun : so let me do some recovery today
[13:06] Varun : take it to 7920
[13:06] Vikkas C : i will have dig out all of ur convo here from vtrender
[13:07] Vikkas C : haha..all the best
[13:07] Varun : we didnt enter 7840
[13:07] Varun : 🙂
[13:07] Vikkas C : yes
[13:09] r m : Sab kaam Varun se karvao, khud mat karna 😀
[13:10] Ashish : hahahaha Rm
[13:12] Varun : hold the drinks 7840
[13:12] Varun : thr had to be turbulence in singles
[13:13] Varun : all maths awesome guys wht would be sd of 66and 120
[13:13] Varun : sd1
[13:14] Varun : 40 ne toh izzt rakh li
[13:14] Varun : ek baar
[13:15] Augustin : @Shai -Targets for 8700 CE?
[13:15] Augustin : Sorry, 7700 ce
[13:15] Augustin : still have not sunk in my mind that we are below 8K 🙂
[13:16] Shai : look at 7940/ 7955 spot
[13:16] Aayush : intra?
[13:16] Augustin : Alright.
[13:16] Shai : could come intra sl below vwap- filter
[13:17] Shai : BNF already a neutral day
[13:17] Shai : 17110 yvwap
[13:17] Varun : shai lets do a dd on up in bnf 😉
[13:17] Ashish : Shai, look @ USD/INR, going below day’sllow now
[13:17] Ashish : day’s low
[13:18] Shai : can force shorts out and close at day highs if we cross abv
[13:18] Chandrashekhar : nf 7870CMP another 10 points then nxt 40-50 points is breeze 🙂
[13:18] Shai : yes Ashish
[13:18] Shai : can drop t 66.23
[13:18] Ashish : Cool thanks
[13:20] Varun : bnf does day high
[13:20] Varun : i think need to change tool
[13:20] Varun : 😉
[13:21] Sandeep : have patience nf will follow
[13:22] Varun : would lvoe to spend 3-4 days here
[13:22] Varun : this repair needs more time and heal
[13:23] Tejpreet : Expiry pressure will not let NF rest it has to run around 200 points daily 🙂
[13:24] Soumya : should we wait for 7940 to book longs?
[13:25] Shai : No we wll book near 7900
[13:25] Soumya : ok thank you shai
[13:25] Shai : BNF 17250
[13:26] Tejpreet : BN 16500 put covered now sold at 158 .
[13:26] Varun : 100 point move
[13:26] Varun : awesome
[13:26] Varun : abv vwap
[13:26] Kathir : superb
[13:27] Ashish : DAX +250
[13:27] Shai : NF book
[13:27] Tejpreet : All puts were very expensive in morning sold 7500 at 50 odd but covered early at 28.
[13:29] Tejpreet : Thanks Varun n kathir …varun it was your bullish punt that kept me holding to BN put otherwise would have taken my 30 points and quit.
[13:30] Ashish : Shai, 7400 Sep. put can enter now or @ close?
[13:30] Varun : this vwap + extn handle
[13:30] Varun : is a deadly trade
[13:31] Varun : i have witnessed this many times
[13:31] Varun : will uodate everytime i see it
[13:31] Vikkas C : brilliant varun
[13:31] Vikkas C : 😀
[13:31] Varun : @tej :0
[13:31] Varun : 🙂
[13:32] Ashish : Brilliant varun 🙂
[13:32] Ashish : Congrats Tej 🙂
[13:32] Tejpreet : Thanks Ashish
[13:32] Varun : jfyi i hit a sehwag today :0
[13:32] Varun : i got long at 7692
[13:33] r m : 🙂
[13:33] Augustin : Welll done (as usual)@Varun
[13:33] Vikkas C : yesterday i hit a +250 in NF 😉
[13:33] Tejpreet : Good one Varun !
[13:33] Kathir : thanks varun
[13:33] Varun : u r rohit shram
[13:33] Varun : 🙂
[13:33] Vikkas C : hahhahahahahaha
[13:33] Kathir : lol
[13:33] Soumya : thank u varun
[13:33] Varun : rohit sharma
[13:34] Shai : Ashsh that’s a hold .we propose to carry it and will update proper levels on it once vix settles a bit
[13:34] Shai : for now watching 7955 F for resistance in NF in the positional play
[13:35] Ashish : OK, Shai.. noted and thanks
[13:35] Shai : may bymp up to yesterday highs at 8074 if 7955 is crossed
[13:35] Ashish : ok.
[13:35] Aayush : anyy idea wen this vix will cool..
[13:35] Varun : thr is one extn handle at 7948 types
[13:35] Varun : thts extn handle a trend day down
[13:36] Varun : we will have hell of a war thr
[13:36] Varun : 7926 to be orecise
[13:36] Varun : p
[13:37] Shai : BNF can cloe at day highs provided we stay abv 17100 now
[13:38] Shai : below 17100 a short trade opens up for 16974 again
[13:38] Varun : shai 5-6 tpos
[13:39] Varun : in nf, bnf
[13:39] Varun : would be tough to go to high today
[13:39] Varun : but then we r in mad times
[13:39] Varun : too high
[13:40] Varun : another balnce in makin in nf
[13:42] Vikkas C : MO cooled down quite a bit
[13:42] Vikkas C : -86
[13:43] r m : yes
[13:43] r m : broader market recoverning a bit
[13:43] Varun : 86 and cooled
[13:43] Varun : wht times we have reached :0
[13:43] Varun : once 86 was a darling trrade
[13:43] r m : it went up to -118 in betwen
[13:43] Varun : ya
[13:43] r m : so relatively cool 🙂
[13:44] Vikkas C : yup
[13:44] Varun : just a thought
[13:44] Varun : would like shai to comment on it
[13:44] Varun : we did balnce between 7930/8600
[13:44] Varun : for long time
[13:45] Varun : like 3-4 months
[13:45] Varun : broke out of 7930
[13:45] Varun : wht is we re-enter 7930
[13:45] Varun : and develope value inside it
[13:45] Varun : can we do a full reversal
[13:46] Varun : and to tht thr is an extension handle rite thr of trend day
[13:46] Varun : which should hold else the otf who did tht are in trouble
[13:47] Varun : so 7930 is the new 8330
[13:48] Augustin : @Shai – Can still get into Sep 7400 PE?
[13:50] Vikkas C : looks like its gonna chill here and make a move in the last 45 mins
[13:50] Vikkas C : aar ya paar
[13:50] Vikkas C : lol
[13:51] Naveen : Shai does that positional 7400pe still hold good??
[13:53] r m : (13:34) Shai :Ashsh that’s a hold .we propose to carry it and will update proper levels on it once vix settles a bit
[13:53] r m : this is for 7400SEP PE
[13:53] Augustin : Tks RM
[13:53] r m : welcome
[14:07] r m : vix dropping now
[14:09] Varun : lower part of todays profile needs more volume
[14:09] Varun : caution #
[14:10] Aayush : shai any chance of closing at DL?
[14:10] Anay : Yes. Repair tomorrow with a further drop in VIX would be ideal. 😉
[14:10] Varun : if we break vwap at any point of time
[14:11] Varun : wht wvap now
[14:11] Varun : poc has also shifted up
[14:11] Varun : 1t 65
[14:11] Varun : at 65
[14:12] Vikkas C : 7806
[14:12] r m : vix – http://screencast.com/t/OeGUJqxDE
[14:12] Varun : since it balnce
[14:12] Varun : 7865 oinp ref now
[14:12] Varun : imp
[14:12] Aayush : its a 3 day EMA touch day. Either we close at 7980-7960 area or near 7700
[14:13] Vikkas C : @aayush this u r saying for today ?
[14:14] Vikkas C : there goes ur 65 varun
[14:14] Aayush : yeaa.. 3ema has to touch once in every 3 days.. it hasnt touched for Fri Mon. So either of the values for today
[14:14] Varun : poc -10 nt good
[14:14] Aayush : will make us touch 3ema]
[14:14] Varun : right now flirting as it should
[14:15] Vikkas C : dpoc is 64 or 36
[14:15] Vikkas C : been rotating
[14:15] Varun : 64
[14:15] Nandesh : can sh BNF below 17100 for 16975 now
[14:15] Varun : 64
[14:16] Varun : 7746
[14:16] Vikkas C : this looks like a short here ?
[14:16] Varun : val
[14:16] Varun : follow up selling
[14:16] Varun : after a 40 tick down
[14:16] Varun : bears back
[14:16] Shai : ye that BNf was a short below 17100
[14:17] Vikkas C : if vwap goes now then cud get ugly
[14:17] Varun : nt tht much
[14:17] Varun : we need volume in lower part to make it absoulte bal
[14:17] Shai : vwap supp
[14:17] Varun : shai profile nt working
[14:18] Nandesh : where is vwap now
[14:18] Varun : kk working
[14:18] Shai : 16974
[14:18] Vikkas C : 7807
[14:18] Varun : sorry my bad
[14:18] Varun : and val is 7753 nt 7843
[14:18] Varun : first 2 digits totally out of mind
[14:18] Varun : changing so fast
[14:18] Ashish : @varun, your spike is coming
[14:19] Varun : afternoon spike
[14:19] Varun : ?
[14:19] Ashish : in BNF,
[14:19] Varun : i ranted like 10 times on friday this afternoon spike will nt end well on friday 3 o clock
[14:19] Varun : and wht a monday it was
[14:39] Shai : quitened down now allowing rollovers
[14:39] Shai : was too much movement anyway for 2 days 🙂
[14:39] Shai : need some quiet
[14:39] Kiran : BBMP – BJP in lead, one of our frnd here was in that election.
[14:40] RK : yeah..ticks all over during sleep last night 🙂
[14:40] r m : rm nagar 🙂
[14:41] Shai : at least you got sleep- our friends in the US have been wideeyed for 2 nights now 🙂
[14:41] r m : but rm nagar shows reserved constituency for ladies 🙂
[14:41] Soumya : i hope us does well today so that they can sleep.. lol
[14:42] RK : Shai true..that 1000 dip was so hard to digest
[14:44] Kathir : @SHAI any BSTS or STBT
[14:44] Kathir : BTST
[14:45] Shai : No Kathir nothig for open tom
[14:46] Kiran : Shai the Aug 8100 CE sold yesterday, is closed. Can i short 7900CE instead ? holding 8100 CE Sep.
[14:46] Kathir : ok thanks
[14:48] Shai : then that 7900 ce will have a bigger delta that 8100 ce
[14:50] Kathir : usd/breaking lows
[14:50] Shai : to take advantage of Vix here is to buy NF an short 7900 calls
[14:53] Vikkas C : shai in what ratio
[14:53] Vikkas C : long NF and short 7900ce
[14:53] Nandesh : 11:11 Shai : we have a positional 8400 pe sept open … is this put is still open
[14:54] r m : 7400PE SEP
[14:55] Shai : Vikkas 2 day hold only – have to exit below 7770 and abv 7955 1 : 2 ration
[14:55] Shai : ratio**
[14:56] Vikkas C : thanx shai
[15:03] Kiran : Shai , 7900 CE Aug Sell @ 65, Buy 7900 Sep CE @ 215 ?
[15:03] Shai : yes that is a good setup if you are bullish
[15:07] Kiran : Sir, if u r bullish then we are bullish.
[15:07] Kathir : 🙂 no second thought
[15:12] r m : @Kathir, that 7400PE SEP does not give hint of bullishness 🙂
[15:12] Shai : No I’m not bullish below 7955 F on the positional scale
[15:13] Shai : becuase it is expiry we may stay or even go up to 8070 but beyond that I doubt
[15:13] Kathir : ok RM 🙂
[15:13] Tejpreet : Shai instead of futures Sep 7800 call at 275 and sell 2 lot sep 8100 call at 132 …almost nil cost …any views on this.
[15:14] Shai : Nice 1 tejpreet
[15:14] Shai : should make you money in 2 days
[15:15] Tejpreet : Thanks 🙂
[15:15] r m : MO is at -80 now
[15:17] Kiran : Tej both r Sep , how will they bring in money in two days ? can u pl exlain
[15:19] Shai : If vix drps the OTM will lose more than the ITM
[15:19] Tejpreet : Instead of Sep futures i use 7800 call .
[15:19] Shai : BNF closing at day highs
[15:19] Aayush : (Y)
[15:19] Uttam : bullish sign?
[15:19] Shai : tom open has to be abv for continuation else donw
[15:19] Shai : down*
[15:19] Uttam : okies
[15:20] Tejpreet : Infact if vix comes down to 20 odd levels tmrw and spot does 8000 call will move just by around 20 rupees from current value.
[15:20] Gaurav : Can buy a bank nifty put for tomorrow Shai?
[15:21] Tejpreet : I meant 8000 sept call.
[15:21] Aayush : recommend booking BNF longs or carrying for tomo
[15:22] Shai : no book
[15:23] Kiran : thanks Tej , Shai
[15:23] Tejpreet : Varun here comes your 7920.
[15:23] Shai : Gaurav can take a put
[15:24] Shai : seeing a possible vissit to 17025 if open is below 17344
[15:25] Tejpreet : Again a day of good volumes almost 25m .
[15:25] Gaurav : Thanks Shai
[15:26] Soumya : Can tata motors be a good btst?
[15:26] Rahul N : @shai can we buy 7800 pe for expiry ?
[15:27] Varun : Yup @tej 🙂
[15:28] Shai : 7800 pe still risky as we may stay in 7820- 7950 band. hold for open tom that put.will review
[15:29] Shai : at least one mre quite session needed tom
[15:29] Shai : and the afternoon range is set for that
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Shai : Bye all
[15:30] Kiran : Bye
[15:30] Shai : have a nice evening
[15:30] Soumya : bye all
[15:30] John : bye all
[15:30] Kathir : thanks and bye all
[15:30] Uttam : you too Shai
[15:30] Vikkas C : bye all
[15:30] Uttam : see you all have a good evening 🙂
[15:30] Tejpreet : Bye All.
[15:31] Porus : bye all
Custom Chat Transcript
Date and Time: August 25, 2015 09:15:37
[09:35] Tejpreet : Shai views on Asian paints for ID .
[10:37] Vikkas C : @RK did u short HCLTECH ?
[10:42] Ashish : Shai, please checl glenmark. Can be shorted here?
[10:42] Ashish : check*
[10:43] RK : Vikkas 972 was original short and squarred yday..cant board it inbetween now 🙂
[10:45] Vikkas C : haan kk..just saw the crack so thot of u 🙂
[10:46] RK : Yep many cracks are there..but strictly no trade till expiry done 🙂
[10:47] Vikkas C : yes ..charts have messed up big time ..lol even they need a breather now
[10:48] Kathir : @RK discharged all his patents and they will be back soon 🙂
[10:52] Shai : glenmark weak below 1116 all day has supp at 1078 and 1041 can short
[10:53] Ashish : Thanks Shai
[10:55] Uttam : any view on Star Shai?
[10:58] Soumya : Can you please check NSE: TORNTPHARM shai?
[11:00] Nandesh : asholayland intraday view
[11:02] Nandesh : ashok is below 81 su
[11:03] Shai : star very weak- intra day supp at 1044 and 1001
[11:03] Uttam : if holding pos better to exit star?
[11:04] Shai : next big postnl supp at 999 -a bounce can come if that holds
[11:04] Uttam : okies will hold then will that as SL on closing basis
[11:04] Uttam : thanks
[11:06] Shai : toriint has become weak below 1520 and can do 1380/ 1410 next
[11:06] Shai : BNF short book at 16810 fully
[11:08] Nandesh : ashok below 81 ?
[11:09] Shai : yes ashok also struggling below 81
[11:09] Nandesh : can i short ashok here
[11:09] Shai : postnl hold with 79.4 sl
[11:10] Shai : No don’t short that is not an intra day line
[11:10] Nandesh : k
[11:15] Nandesh : ashok below 79.40 ..???
[11:24] Shai : can short but sl is 81.4 strict
[11:24] Shai : tgt 76.8
[11:24] Nandesh : tnx
[11:25] Soumya : thank you shai
[11:30] RK : Anil is under huge pressure..Relcap lost 25% in 2 days
[11:37] r m : Guess he will make another trip to Badrinath with a golden umbrella for God Vishnu 🙂
[11:38] Uttam : for all you know he must have made most money in shorting it 😉
[11:39] RK : 🙂
[11:40] r m : I think those umbrellas are commissions 🙂
[11:56] RK : Shai Ultratech fall till 2730 possible intra?
[11:58] RK : it has almost reached 20d avg vol now..
[12:06] Shai : ultra cem good sup at 2800 – no further weakness till that hols
[12:07] RK : fine..thanks
[12:45] Misaal : shai. What would be SL for TATA motors Sept fits long now ?
[12:48] Shai : ttm watch 307 cash on closing basis, sl is good at 297 for now cash
[13:46] Vikkas C : did anyone go long on telco today
[13:46] Vikkas C : whatta move
[13:47] Vikkas C : tatamotor
[13:48] r m : Misaal was asking for levels for long in Tatamotors sep future, just check his account, must be bulging with cash 🙂
[13:48] Vikkas C : hahaha RM
[13:50] Soumya : Shai can you please check NSE: BAJFINANCE
[13:50] Soumya : My system gave a long here
[14:26] Shai : baj finanace good response fro lows but would have preferred it to close abv 4995 for strength
[14:29] Tejpreet : Shai views on Axis bank can buy 500 call at 9 odd.
[14:37] Soumya : thank u shai
[14:38] Shai : axis can give you 506 from hre sl is below 487 tom
[14:39] Tejpreet : Thanks Shai.
[14:56] Kathir : @shai USD/INR can do further down today
[15:00] Shai : 6623 was one supp and below that 66.01
[15:02] Kathir : ok thanks
[15:03] Soumya : Shai u r a genuis.. Torrent had hit 1390 and bounced sharply.. Coz of you I added at 1410 !!
[15:05] r m : 🙂
[15:15] Shai : Haha Soumya- old volume profile at work
[15:20] Soumya : Just fantastic !!
[15:20] Soumya : All I can say