OrderFlow charts and Notes 24/09/15

[08:48]   r m : Good Morning folks!
[08:49]   Rahul P : good morning rm
[08:49]   Girish : GM all
[08:49]   r m : Hi Rahul
[08:49]   r m : http://vtrender.com/levels-and-plan-for-24th-sept-2/
[08:49]   r m : http://vtrender.com/orderflow-charts-and-notes-230915/
[08:50]   r m : http://vtrender.com/consolidated-orderflow-230915/
[08:50]   r m : Nifty SEP Future levels | KRA 7920 | Hypo1 above 7890➜7920➜7980 SL 7845 | Hypo2 below 7802➜7741➜7597 SL 7855
[08:50]   r m : Banknifty SEP Future levels | KRA 17120 | Hypo1 above 17310➜17411➜17511 SL 17216 | Hypo2 below 17128➜17061➜16979 SL 17228
[08:52]   Moses : GM rm and All
[08:52]   r m : Hi Moses
[08:58]   Sandeep : gm all
[09:03]   Tejpreet : GM All.
[09:05]   Sharad : GM all
[09:05]   Porus : GM all
[09:06]   Ashish : GM all
[09:07]   Shankar : GM all
[09:08]   Naveen : Gm all
[09:09]   Santosh : Gm all
[09:09]   Sankar : GM RM, Shai and everyone 🙂
[09:09]   r m : Hi Sankar 🙂
[09:10]   Augustin : GM all
[09:10]   Vikkas C : Gm all
[09:10]   Vikkas C : Hi RM
[09:11]   Aayush : GM all
[09:11]   r m : Hi Vikkas
[09:11]   RK : GM Shai,RM and al
[09:11]   RK : all
[09:12]   r m : Hi RK
[09:12]   Rahul P : gm all. wishing you a profitable and safe sept expiry
[09:14]   Sam : GM everyone
[09:17]   Bhagya : bought 7900 Puts current month now at 90
[09:18]   Uttam : GM All 🙂
[09:22]   Girish : @shai – is it open test drive today?
[09:23]   r m : looks like an OAIR to me
[09:23]   Sandeep : shai not here ?
[09:23]   r m : Shai will be back soon, his PC went into auto update mode 🙁
[09:24]   Sandeep : okay
[09:24]   r m : he is waiting for it to come back to life!
[09:24]   Girish : okay
[09:24]   Girish : Hopefully not RED curtain mode 🙂
[09:24]   Kathir : Hi Shai RM all friends
[09:25]   r m : Hi Kathir
[09:25]   Shankar : RM what does finish row in 30 mnts FP indicate?
[09:25]   Shankar : sorry fullday FP
[09:25]   RK : Hi Kathir..promptly present for expiry 🙂
[09:25]   Kathir : Yes RK 🙂
[09:27]   r m : @Shankar, Shai explained yesterday but gone out of my mind 🙁
[09:28]   Shankar : oh sorry i wasmt i the romm at that time it seems
[09:28]   r m : Shai : @Anay delta finish is a pullback to current from last high or lows and gives an idea of where it is w.r.t last high or low
[09:29]   r m : This is Shai’s answer on 22nd SEP to Anay’s query – Anay : @Shai can you elaborate on calculation of “Finish” value on daily OF?
[09:29]   r m : Mr Google has effectively replaced my hard disk 🙂
[09:30]   Shankar : thanks RM
[09:31]   r m : welcome
[09:31]   Kathir : @RM automode forget to refresh ?
[09:32]   r m : @Kathir?
[09:33]   Vikkas C : now charts also gone 🙁
[09:33]   Vikkas C : seems PC is rebooting 😀
[09:33]   r m : yep, I have sent msg to Shai
[09:33]   Vikkas C : what wud we do without u RM sir
[09:33]   Kathir : charts went out to search Shai :
[09:35]   Vikkas C : hes back
[09:36]   r m : @Vikkas, you can
[09:37]   r m : oops, half msg disappeared
[09:37]   Soumya : rm bro !! our backbone !!
[09:37]   r m : lol
[09:37]   r m : don’t bend it too much 😀
[09:37]   Kathir : guru bhai RM
[09:38]   r m : fakeguru 🙂
[09:39]   Kathir : 🙂
[09:39]   Sankar : RM is so humble.
[09:39]   r m : @Sankar, perhaps with good reason 🙂
[09:40]   r m : @Kathir, Sirjee, tell na! which one to buy for 1 and hope for 10 🙂
[09:40]   Shai : GM all
[09:40]   Aayush : so he is back 🙂
[09:40]   r m : GM Shai 🙂
[09:41]   Shai : Oh man I never had a more harrowing time than tday to get into the room 🙂
[09:42]   Shai : bloody windows 10 has to burn in hell
[09:42]   Aayush : lol
[09:42]   Vikkas C : haha
[09:42]   RK : Shai what happened?..me to updated to Windows 10..let me be also cautious
[09:43]   Sandeep : i think it auto updates without our approval at any time?
[09:43]   Kathir : @RM TTB only after 2.30..16800 pe was a good pick @ 3
[09:44]   Shai : Yeah this morning it set an update for me at 9.16 am — can you believe it ?
[09:44]   Aayush : no sandeep ji.. it asks.. i think its in beta at the moment.
[09:44]   Kathir : 🙂
[09:44]   Shai : I ignored thinking that I will find a way to cancel it – but when the time came the reschedule option was greyed off
[09:44]   Aayush : ohh for me it gave a pop up.. tried.. got scared when ami dint work. so uninstalled..
[09:45]   Shai : I mean why have it- when you have it greyed
[09:45]   Augustin : ha ha.. someone doesnt want you to be online when the market opened 😉
[09:45]   Augustin : didnt*
[09:45]   Varun : whts vvap of the series
[09:45]   Uttam : GM Shai but thankfully not much happening here, waiting for you I supose 🙂
[09:45]   Lakshay : TRY THROUGH RESTORE POINT
[09:46]   Shai : No then I went through the update and when I logged back it refused to take the wifi password which I chnged last night
[09:46]   Shai : and then I had to run around to search for a cable to get wired through
[09:46]   Uttam : gosh….u seem to have an already adventerous day Shai
[09:47]   Sandeep : shai hows market looking like
[09:47]   Porus : bnf hypo 2 active
[09:47]   Shai : haha- still in one piece 🙂
[09:47]   Shai : sellers active at the open
[09:47]   RK : once I was postponing update by clicking “later after 4 hrs” but around 3.00 I clicked by error “restart now”..fully loaded positions on expiry day..I was dead then 🙂
[09:48]   RK : dealer at my broker office gone nuts in that 20 mins when I asked him to rollover my positions 🙂
[09:48]   RK : over phone
[09:48]   Vivek K : so windows is actually gateway to hell
[09:48]   Rahul P : shai, hypo activateed ??
[09:48]   Shai : haha
[09:48]   Shai : NF wait for 7801 to break
[09:48]   Shai : BNF is active
[09:50]   r m : NIFTY50 stocks chart with vwap for this series uploaded at http://tinyurl.com/StocksVWAP
[09:50]   r m : we can check that drive to vwap by individual stocks today
[09:50]   Girish : (09:22) Girish :@shai – is it open test drive today?
[09:51]   Girish : Was it?
[09:52]   Shai : yes open test of vah and down
[09:52]   Shai : has to confirm below IBL
[09:52]   Girish : okay
[10:03]   Jay null : sorry to ask stk question on this window.. RM Shai . any thing on lic hsg fin and titan
[10:08]   Shai : lic intra abv 434 can do 439/441
[10:08]   Shai : sl 432
[10:09]   Aayush : whats on nifty shai.. PoC touch?
[10:10]   Shai : Nifty res at vwap for now but for more weakness has to break 7801
[10:10]   Aayush : ok
[10:12]   Shai : titan 316.5 intra supp may do 323.9
[10:13]   Shai : NF and BNF could quieten down here
[10:13]   Shai : Nifty vwap is 7822
[10:13]   Shai : 7822 spot
[10:14]   Uttam : so will be a quiet expiry?
[10:14]   Shai : morning sellers have met responsive buyers at 7800
[10:15]   Shai : so they could spend few hours at vwap
[10:18]   Anay : looks like Nifty will troll option buyers today by playing around vwap
[10:19]   Aayush : and with such high vix selling is very risky..
[10:21]   Augustin : @Aayush – You meant shorting? or selling options?
[10:21]   R Goel : just a quick question for october series all is similar to september series in regards to lot size of nifty and banknifty and its options
[10:23]   Aayush : @augustin ji. Writing options..
[10:25]   Augustin : hmm ok
[10:26]   Augustin : I thought high vix meant option buying is risky
[10:29]   r m : @RG, lot size are changing from NOV
[10:29]   R Goel : thanks RM
[10:31]   Uttam : looks like we are heading for a IBH extension in the time slot of 10:15-10:45
[10:31]   Shai : Buy BNF 17170 sl f 17120 tgt 17240
[10:51]   Misaal : Stopped out ?
[10:51]   Naveen : yes sl:(
[10:55]   Uttam : yep
[10:57]   Shai : yes BNF stopped
[10:58]   Uttam : unable to stay above VWAP
[11:00]   Shai : yes has buyers from yvwap- thought it would go to 17222- the 2.40 dip price
[11:03]   Aayush : shrt blw IB low?
[11:06]   Shai : BNF can short here for 17030 sl of 17190
[11:06]   Shai : NF is sideways still
[11:16]   Uttam : Shai if IBL is broken we could have a good downmove here?
[11:24]   Shai : yes possibly
[11:24]   Shai : there are sellers abv 7840 yesterday and today in NF, so path of least resistance looks downwards
[11:27]   Uttam : we have the DPOC & VWAP together for today @ 7822 so this could be support?
[11:27]   Uttam : but below 7797 we could have a fall till 7725 with 7765 in between a level to watch?
[11:35]   Shai : yes
[11:35]   Shai : when vwap and dpoc are togther it points to rotational moves
[11:36]   Uttam : oh ok so in both NF & BNF today we have same case?
[11:36]   Uttam : we could end up having a normal day although in NF the IB range is small?
[11:40]   Shai : except today is expiry and odds are good that we may have a move cos of it
[11:40]   Shai : on any other day is a setup for normal day
[11:42]   Aayush : can we do a 7800pe 7850ce buy.. if its a big move that is coming up?
[11:46]   Shai : what is the net cost now?
[11:46]   Aayush : 30rs..
[11:47]   Shai : ok looks ok- potentail 1st breakout tgt is 7876 and 7766
[11:48]   Shai : is a biggie only when it moves past
[11:49]   Aayush : then I guess naked buy on IB break makes more sense as no point to gamble for breakeven..
[11:50]   Aayush : because will be a pure loss if it doesnt break.
[11:50]   Shai : yes
[11:51]   Shai : vwap bands also not optimistic yet on a break
[11:53]   Tejpreet : 7800 put call combo down to 56 …..[12:04] Tejpreet : Incase of nifty move of 100 points till expiry 7800 put call combo at 93 could be worthwhile.
[11:54]   Shai : vol spike 7846 to 7826 seup sl of 7859
[11:55]   Shai : setup*
[11:58]   Uttam : Shai you mean keep SL of 7859 for shorts here or set up made for price to touch 7859?
[11:59]   Kiran : yes uttam.
[12:01]   Uttam : yes for price touching 7859?
[12:04]   Ashish : Nicley setup for vwap touch with sellers coming @ top of 5 minute bars
[12:07]   Sandeep : the last 5 bars delta in red..yet price scaling or rotating..can we infer anything from that or we need not give importance to 5 min ones?
[12:19]   Shai : No was just a setup – remember 7858 from yesterday
[12:19]   Shai : not working now that shrt – can exit
[12:20]   Shai : Sandeep greens are in Oct F
[12:21]   Aayush : Shai, can we then go for this IB breakout trade in options or shall wait?
[12:23]   Shai : can buy small qty with sl at vwap
[12:28]   Sandeep : charts not loading , anyone else facing problem
[12:29]   Sandeep : its fine for me sandeep 🙂
[12:30]   Sandeep : okay then it seems its at my end
[12:39]   Rahul P : was that a failed auction at top ?
[12:39]   r m : @Rahul, it will be termed as FA if price returns to IBL
[12:39]   Rahul P : ok, thanks
[12:41]   Shai : reds now presisting
[12:46]   Varun : wazz up room
[12:46]   Varun : boring expiry it seems
[12:46]   Varun : at clearing vwap or wht
[12:50]   Shai : yes slowish
[12:51]   Varun : i so wished for this balance yesterday
[12:51]   Varun : but then makets 😉
[12:52]   Himanshu null : can we short nf with sl 7860
[12:52]   Shai : short is right below 7840 F only now
[12:56]   Uttam : we can short NF here Shai for day’s low or better below today’s vwap?
[12:59]   Uttam : dpoc & vwap combo @ 7825-7829
[12:59]   Shai : short near 7840
[13:00]   Uttam : thanks Shai
[13:00]   Uttam : SL day’s high? 7860
[13:00]   Shai : move abv vah does not show new buyers
[13:00]   Shai : yes
[13:01]   Uttam : IBL breaks in BNF
[13:02]   Uttam : but we have YWAP @ 17060
[13:02]   Varun : shai cn we shift nifty u5 pane below yvwa
[13:03]   Varun : hides flow on the screen
[13:03]   Varun : mean the second one
[13:04]   Varun : qt”
[13:08]   Shai : I’ll redce the size, but it does not fit lower
[13:08]   Varun : alrite, a smaller font fr maximize
[13:09]   Varun : thanks
[13:09]   Tejpreet : 7900 call punted some at 1.5
[13:09]   Uttam : we have a small tail @ 17074-17054 & already in NF there is a buying tail from 7809-7797
[13:10]   Uttam : we could have a big move on the downside if these levels break?
[13:26]   Himanshu null : Any sl for shorts. Does of indicate direction or only rotation?
[13:27]   Shai : sl is 7845 for now but it is a rotational day
[13:27]   Shai : rotation gets indicated by profile
[13:29]   Himanshu null : thanks Shai
[13:35]   Tejpreet : Booked half 7900 call at 4.5
[13:36]   Shai : nice
[13:36]   r m : good one Tejpreet!
[13:37]   Tejpreet : 🙂
[13:39]   Ashish : Shai, BNF target on upside?
[13:40]   Shai : 17240/ 276
[13:40]   Ashish : Thanks
[13:40]   Tejpreet : booked out all at 5.5..nice gains for scalper but still could turn out to be MB.
[13:40]   Aayush : shai shall book the 7850ce or ride it?
[13:40]   Rahul P : MB ?
[13:41]   r m : multibeggar
[13:41]   Ashish : Congrats Tej 🙂
[13:43]   Shai : book 7850 ce
[13:43]   Ashish : BNF 17240
[13:43]   Shai : 7885 is the bound – if that cracks shorts will fry
[13:44]   Tejpreet : Got logged out ….Thanks Ashish .
[13:45]   Ashish : 🙂
[13:47]   Shai : looks set for 7920
[13:48]   Ashish : October contract has buyers in NF
[13:48]   Tejpreet : So that was the lottery trade for the day 🙂
[13:49]   Mohit : @Tejpreet – 1 ka 10 🙂
[13:49]   Rahul P : Tejpreet, what was the hint ?
[13:50]   Aayush : shai what sl for 7920 trade?
[13:50]   Shai : 7865
[13:53]   Tejpreet : Nothing just the price ….1.5 sl at .8 that is it.
[13:54]   Tejpreet : Huge volumes in last 3 bars
[13:57]   Shai : NF abv 7865 worrry for bears
[13:57]   Shai : surprisingly BNF should have moved more as expiry + RBI move ahead of Rajan next week
[13:58]   RK : another possibility, it can fall fast if highs are not taken
[14:00]   Vikkas C : bnf is yet trading inside the IB
[14:00]   Shai : yes
[14:01]   Girish : BNF is lazy compared to NF – not yet cleared morning highs !!
[14:01]   Girish : 🙂
[14:02]   Shai : 🙂
[14:02]   Tejpreet : Shai incase of expiry fall in BN ahich would be good lvl to pick up some october calls for next week.
[14:02]   Shai : near 17120
[14:02]   Tejpreet : Thanks Shai.
[14:05]   RK : so Shai today also the profile is not in balance or we can consider it as balance one if we close at 7830 today
[14:05]   Shai : 7885 is still the edge of that balance with a VAH near 7865
[14:06]   RK : fine
[14:13]   RK : lets peacefully expire at 7830 so that can go on long weekend unbiased to scratch head for next 3 days 🙂
[14:26]   Ashish : Sellers are not giving up here
[14:26]   Shai : headed to vwap now
[14:27]   RK : 7760/7860/7960 rubber magnets of this series..they bounce it but again pulls back 🙂
[14:28]   Sandeep : RK r u hinting for 7760 test once today
[14:28]   Girish : 7760 ?? 😮
[14:28]   RK : oops..am way out of such larget targets Sandeep 🙂
[14:28]   Ashish : WOW, that will be a bloackbuster
[14:28]   RK : *larger
[14:29]   RK : What I meant was these 3 60s levels are resisting or supporting prices all through the series.
[14:29]   Sandeep : yes i understand
[14:29]   Sandeep : that was in jest
[14:29]   Sandeep : 🙂
[14:29]   Ashish : Still 1 hour to go 😉
[14:30]   Aayush : if tejpreet ji is entering a trade.. then its worth it
[14:30]   Aayush : ask him 😛
[14:30]   RK : 50 points jump from here..but which side?
[14:31]   Tejpreet : No Aayush no trade Sept bye bye now only in oct for some calls if we get that blockbuster dip 🙂
[14:31]   Tejpreet : Otherwise fresh trade on Monday.
[14:33]   Himanshu null : Oct ce to hold or exit EOD?
[14:34]   RK : Tej if we close below in BNF I think that could be again a weak close..better to check with Shai for CEs in BNF
[14:34]   RK : to carry
[14:34]   r m : (*** Private to RK ) RELCAP future vwap is at 321 for the series, I dont have live data for cash 🙁
[14:34]   Ashish : last hour move :
[14:34]   Ashish : 🙂
[14:35]   Tejpreet : Yes RK …BN only if we get 200 point dip 🙂
[14:35]   RK : gimme that 200 dip to get out of my Sep contract 🙂
[14:36]   Tejpreet : Wish i could move the markets 🙂
[14:37]   RK : Wish we all can one day atleast few points of NF by our triggers 🙂
[14:37]   Tejpreet : Yes few points we definetly get …with triggers from Shai .
[14:38]   Varun : rk we can
[14:38]   Varun : sell now and see it will move 2 points against you 😉
[14:38]   Rahul P : lol
[14:39]   Tejpreet : 🙂
[14:39]   RK : VArun only 2? 🙂
[14:40]   RK : Varun at what prices your bets are off for longs positional.7790?
[14:40]   RK : *price
[14:41]   Varun : let it bal here
[14:41]   Varun : break abd rh in drive
[14:41]   Varun : oh my bad
[14:41]   Varun : gt it wrong
[14:41]   Varun : off
[14:41]   Varun : 7794 shld nt break
[14:41]   Varun : else tap opens down
[14:41]   Varun : take it 7794-14 filter max
[14:42]   Varun : fr today all bullish goes if 7860 goes
[14:42]   Rahul P : you use 14 pt filetr for IB break ?
[14:42]   Varun : thts nt ib
[14:42]   Varun : tht s a full day range
[14:42]   Varun : so taking bigger
[14:42]   Rahul P : ok
[14:42]   Rahul P : for IB break, what filter are u using ?
[14:42]   Varun : below 60 we shld see a poc/vwap clearing today
[14:42]   RK : fine
[14:43]   Varun : it respected 94 today 😉
[14:44]   Varun : 10
[14:45]   Rahul P : ok, thanks
[14:51]   Varun : is dpoc still 7830
[14:51]   Varun : ?????????/
[14:53]   Shai : yes
[14:54]   Varun : thnks shai
[14:54]   Varun : agsin same7860
[14:54]   Shai : We are holding oct CE
[14:55]   Sandeep : yes 8100
[14:57]   Sandeep : people have slept off here , it seems
[14:57]   Sandeep : too quiet
[14:58]   Vikkas C : shai do we have a FA in BNF @ todays low
[14:59]   Shai : yes FA can be considered at lows though it did not meet the full condition
[14:59]   Shai : but is still a good ref point into RBI
[14:59]   Vikkas C : ok thanx shai
[15:02]   Shai : decent greens in Oct today
[15:03]   Shai : BNF is very well balanced and oct could see 17470 on Mon
[15:03]   Uttam : Tuesday we have the RBI policy right?
[15:03]   Varun : shai one more bal/inside day in would
[15:03]   Sandeep : do u suggest buying some bnf calls
[15:03]   Varun : in nf would be awesome
[15:03]   Shai : sorry 17570*
[15:03]   Uttam : cool
[15:04]   Shai : Yes can go with BNF OTM call
[15:04]   Varun : lets coil it fully
[15:04]   Vikkas C : shai did u just merge 2 profiles in bnf
[15:04]   Sandeep : which strike price
[15:04]   Shai : No BNF is 1 profile
[15:04]   Uttam : 17500?
[15:04]   Vikkas C : ok ok
[15:04]   Shai : I just moved the MP charts to oct
[15:05]   Vikkas C : haan ok ..i was wondering profile chnaged
[15:05]   Vikkas C : 🙂
[15:05]   Varun : so shai if we do 7970 in oct will tth also qulaify for repairing singles
[15:05]   Shai : Uttam yes either 17500 or 18000 as we are playinga 200 pointer
[15:05]   Varun : like scene of crome of sept
[15:05]   Varun : crime
[15:05]   Vikkas C : varun good tweet last night
[15:06]   Varun : whts m on tht day
[15:06]   Shai : yes 7980 is revisist of scene of crime before the next crime starts 🙂
[15:06]   Varun : whts k priod high
[15:06]   Varun : fr tht day
[15:07]   RK : Shai but structure wise BNF is not able sustain above POC for last few days..this wont be a weakness or today’s OF outnumber that weakness?..I mean do we have confirmation now for bulishness?
[15:07]   Shai : k period 8012
[15:07]   Varun : cool
[15:07]   Shai : anomaly 8007
[15:07]   Varun : so tht shld be minus dev
[15:08]   RK : *bullishness
[15:08]   Varun : all set for 8010
[15:08]   Varun : abv today rh
[15:08]   Shai : RK yesterday trend up and rejection from 16900 with a tail + consolidating today
[15:08]   Varun : bnf set for a blast
[15:09]   Varun : fully coiled
[15:09]   Shai : I think profile is good for a trend day Mon could be a 600 pointer also
[15:09]   RK : fine got it
[15:09]   Shai : My bias is positive abv that FA point of today
[15:09]   Shai : yvwap which is trend day vwap has held
[15:10]   Shai : fairly timid sept expiry though
[15:10]   Shai : even that 2.50- 3.15 move is not come
[15:10]   RK : they do that sometimes 3.10-3.25
[15:10]   Shai : All because RM is watching the stock vwaps today 🙂
[15:10]   RK : rarely
[15:11]   Kathir : 🙂
[15:11]   RK : :))
[15:11]   Tejpreet : Look at Bhel move in last 10 minutes from lows .
[15:11]   Shai : I gues nobody wants to mess up
[15:15]   Shai : expiry done 7868
[15:18]   Shai : even BNF set 17186 now
[15:18]   Shai : no movement for 15 mins
[15:18]   Varun : i got into 17000 pe at 25, sold at 220 and now its 0
[15:18]   Varun : lol
[15:18]   Varun : sold yesterday
[15:19]   Sandeep : great varun
[15:19]   Sandeep : killer tarde
[15:19]   Varun : and 17200 at 55, sold at 430
[15:19]   Varun : tht also 0
[15:19]   Sandeep : trade
[15:19]   Varun : one day option guys ate all
[15:19]   Varun : premium
[15:20]   Varun : thts just tue/wed boom bbom anf all premium gone
[15:21]   Vikkas C : MAT issue
[15:21]   Vikkas C : see cnbc now
[15:24]   Porus : vikkas, positive news?
[15:29]   Girish : cheers ! have a nice weekend all !
[15:30]   Girish : What an interesting expiry day ! 🙂
[15:30]   Vikkas C : @porus nothg fancy
[15:30]   Shai : 7869 expiry
[15:30]   Girish : both bulls and bears expired 🙂
[15:30]   Shai : Bye all
[15:30]   r m : Thanks and bye all, have a great weekend after a fuss expiry 🙂
[15:30]   Shai : have a nice evening and a good weekend
[15:30]   Vikkas C : bye all
[15:30]   Tejpreet : Bye All …All the best for new series from Monday!
[15:30]   Shai : see you all Mon
[15:30]   Uttam : See you everyone, have a nice logn weekend 🙂
[15:30]   Kathir : THANKS AND BYE ALL
[15:30]   Moses : Bye All
[15:30]   Porus : Vikkas, thanks
[15:30]   RK : thanks and bye all! lets trend atleast next week 🙂
[15:30]   Uttam : yes hope to have some good moves in the new series
[15:30]   Porus : bye all
[15:30]   Sandeep : bye all

[09:20]   Soumya : Shai Jubilant near your target 378 should we book here and wait for lower levels to enter again? Or you think rise can go on.. Has made a new 52 week high
[09:21]   r m : @Soumya, Shai’s PC has gone into auto update mode, he will be back once windows reboots 🙂
[09:24]   Soumya : No issues..
[09:39]   Vikkas C : @rk do u think dr is getting ready for an upmove sir
[09:41]   RK : Vikkas may be late pullback today if they want to adjust for inventory otherwise still short Vikkas
[09:42]   Vikkas C : ok thanx RK 😀
[09:45]   Uttam : Shai, views on Divis, trading above 1130 today so can take this to be a BO for 1250+ levels?
[09:46]   r m : I have uploaded NIFTY50 stocks vwap charts for sep at – http://tinyurl.com/StocksVWAP
[09:46]   r m : So today you guys can check out the arbitrager’s move towards vwap on expiry day
[09:48]   Kathir : great thanks RM
[09:48]   Tejpreet : That is a real masterpiece RM ..thanks for the sahre.
[09:48]   Tejpreet : share
[09:49]   r m : welcome
[09:49]   RK : Great RM..Thanks
[09:50]   Uttam : RM can you explain this a bit more, on expiry day price will tend to move towards the vwap of that month is it?
[09:50]   Naresh : RM . id the redline in those charts is Vwap ?
[09:52]   RK : Uttma I interprete that this way..its not necessary all the way closer to VWAp but if price is in reachable distance after 2.30 towards VWAP, then there are chances there will be one sharp move in last hour towards VWAP as some want to adjust inventory for expiry
[09:52]   r m : yes Naresh
[09:52]   RK : *Uttam
[09:53]   Uttam : thanks RK
[09:54]   Kathir : @RK check maruti vwap 200 rs diff
[09:54]   r m : @Uttam, the theory is that arbitragers buy cash and sell futures to get the premium in their bank account, on expiry day they have to settle it which causes the price to move towards vwap for the series.
[09:55]   RK : Kathir Maruti has moved a lot from vWAP as well as from some ST mov averages..hard to play that one for swing trading unless you trend it
[09:55]   Naresh : Views on Lupin and Granules in Cash please
[09:55]   Shai : RM- very nice sheet
[09:55]   Shai : splendid idea and actionable
[09:55]   Kathir : @RK ok thanks
[09:55]   r m : Thanks Shai, idea was yours, me the plumber 😀
[09:56]   Soumya : Shai is reliance looking good for a short here?
[09:57]   Uttam : yes RM thanks for the sheet, but unable to find Divis in it, the one I am long in today 😉
[09:57]   Shai : for Divis I will have to reset the chart- cannot update a view now
[09:57]   Uttam : bcos of ex-bonus yesterday?
[09:58]   Uttam : no issue Shai but it is looking good for longs here? above 1130 for 1250+?
[09:58]   r m : @Uttam, is Divis in Nifty?
[09:58]   Uttam : nope RM
[09:58]   Uttam : these are the nifty 50 stocks is it
[09:58]   Shai : I don’t track the stock- 2250 is a split?
[09:59]   RK : Check TCS and DRREDDY VWAP..all through last week both are kept below VWAP but there are chances they are pulled back to VWAP in last hour if mkt shows some upmove..I burnt fingers many times in this last hour move..they resume to original trend from new series
[09:59]   r m : yes, only nifty 50
[09:59]   Tejpreet : As per RM sheet Bhel could jump in close ….vwap and prominent hvn at 209/211 kind of range.
[09:59]   Shai : RIL weak below 843 all day
[09:59]   r m : @RK, Ultra has some chance of fireworks?
[09:59]   Soumya : Jubilant 382 !! Firing all cylinders Shai !!
[09:59]   Shai : 1 tgt was 837 , second 828
[10:00]   Kathir : @last setlmnt Tej was right with tatasteel it jumped to vwap in last hour
[10:00]   RK : RM I doubt on upmove..in a clear down trend..2800 was China wall which was taken off now..
[10:01]   r m : Thanks RK
[10:01]   Tejpreet : @ Kathir you got amazing memory 🙂
[10:01]   r m : 🙂
[10:02]   Kathir : @Tej i eat tablet recommended by salman khan in TV 🙂
[10:02]   r m : lol
[10:02]   r m : I thought that had other uses too besides memory 😀
[10:02]   Uttam : could we expect a similar move in Tata Motors today, vwap @ 333
[10:03]   RK : Uttam you are asking for 8% move from here 🙂
[10:04]   Uttam : ya…asking for a bit too much 😉
[10:04]   Soumya : thank you shai for reliance
[10:05]   r m : these stocks had vwap 4-5% away from price at close yesterday – AXIS, BHEL, COAL, HINDALCO, IDEA, KOTAK, LT, MARUTI, TATAMOTORS, TATAPOWER, TECHM, ULTRACEMCO, WIPRO, YESBANK
[10:05]   r m : now we have to see how they behave today, that will give us an idea for next expiry
[10:06]   Vikkas C : looking at axis vwap ..thinking of what kathir said 16800pe
[10:07]   RK : RM I think the concept of VWAP is about squaring or adjusting positions rather than initiating new positions..so I think action what we expect might happen only in last hr and till then its aligned with overall mkt trend
[10:09]   Kathir : @ vikkas may be
[10:09]   Shai : (10:08) Shai :lic intra abv 434 can do 439/441(10:08) Shai :sl 432
[10:09]   Vikkas C : yes kathir ..8rs is a small risk i feel too ..if it works out it will be crazy 😉
[10:12]   Shai : (10:12) Shai :titan 316.5 intra supp may do 323.9
[10:17]   Naveen : Shai please tell ur views on ceat
[10:21]   Tejpreet : High frequency manipulation of futures expiry from IIM Ahmedabad …..a good read over the long weekend.
[10:21]   Tejpreet : http://www.iimahd.ernet.in/~jrvarma/papers/2014-02-01-WP-High-Frequency-Manipulation-SSRN-id2395159.pdf
[10:23]   Soumya : Shai can you please check NSE: SKMEGGPROD for positional targets and where should we add it?
[10:24]   Shai : ceat good move on vols
[10:24]   Naveen : Can i go for a buy abv 1293?
[10:25]   Shai : 1265 intra supp now and headed to 1353 it hols
[10:25]   Naveen : ok Shai thanku
[10:25]   Uttam : Shai views on Lupin?
[10:25]   Shai : intra day 1300 is res – put an order to buy near 1278 or abv 1300
[10:26]   Naveen : sure Shai.thanks
[10:26]   Uttam : Shai views on Lupin?
[10:26]   Shai : lupin good abv 1965 all day tgt of the move is 2001/ 2028
[10:27]   Uttam : thanks Shai, it has already done 2001 today, how does it look for positional move?
[10:30]   Misaal : Shai on Aurobindo Pharma ?
[10:30]   Misaal : if one has shorts
[10:31]   Shai : skmeg not doing much intra but postnl stock can see 175 with sl below 130
[10:32]   Soumya : thank you shai
[10:33]   Shai : lupin postn vol is good
[10:34]   Shai : auro 745 is res on ibtra as well as weekly
[10:35]   Shai : is good abv 707 weekly vah and dips to 710 may be bought
[10:36]   Soumya : what could be the stop loss for lupin positional shai?
[10:40]   Uttam : 1825? or we could have it near the 1920 levels on EOD basis?
[10:58]   Tejpreet : Another share for chat room members . Six new stocks- BEML, BHARTI INFRATEL, CADILA, MARICO, NCC, TV18 BROADCAST will be a part of F&O list from September 28. After this addition of six stocks, total stocks in derivative segment will be 163.
[10:58]   Shai : lupin 1940 sl
[10:58]   Uttam : thanks Shai
[10:58]   r m : Thanks Tejpreet
[11:01]   Soumya : thank you shai bro
[11:06]   Tejpreet : welcome rm .
[11:07]   Shai : thanks Tejpreet
[11:07]   Tejpreet : welcome Shai 🙂
[11:08]   Kathir : Tej thanks
[11:08]   Shai : about that last hour expiry, there was a rumor 2 expiries back on icici managing a put with all their might
[11:09]   Shai : they made a profit of some 88 cr or something could have been higher
[11:09]   RK : they bought puts ?
[11:09]   r m : must have written
[11:10]   Shai : wrote puts
[11:10]   RK : ok
[11:11]   RK : but one day fortune is always riskier for any business 🙂
[11:12]   Shai : yes was refering to Tejpreet link
[11:13]   Shai : and when RM put that vwap out, the first name I thought about is ICICI, they are past masters at this vwap play for 1 hour
[11:13]   r m : ok 🙂
[11:15]   r m : ICICIBank last month expiry week http://screencast.com/t/Rv7RicNeDa
[11:15]   r m : don’t have vwap though
[11:16]   Shai : No No I was refereing to their institutional desk playing that vwap trades
[11:16]   r m : ok
[11:16]   RK : Yes they can’t speculate their own egg
[11:17]   Shai : I think as a policy they don’t talk about their own stock- all these desks do not do it
[11:17]   r m : They don’t even give their own result date in ICICIDirect result calender 🙂
[11:17]   Shai : even Kotak will not put a trade for Kotakbank
[11:17]   RK : yes
[11:18]   Misaal : what just happened in south indian bank
[11:18]   RK : but I always wondered about these guys working for such high profile institutional desks..Can’t they do shadow trading for their own sake with prior info in hand?
[11:19]   Tejpreet : The main thing is that most of these moves are reversed in the next session …..that is ehy oct options do no move much in tandem with the last 30 minutes move.
[11:19]   r m : OK
[11:20]   r m : @RK, I think that happends but such guys are soon found out and kicked upstairs 😀
[11:20]   RK : lol
[11:20]   r m : Ex VP, paper clip division 🙂
[11:37]   Shai : in tejpreet document the expiry day manipualtion of the script of sept 27 2012 is for Ruchi Soya
[11:38]   Shai : It was big news those days
[11:38]   Shai : http://www.iimahd.ernet.in/~jrvarma/papers/2014-02-01-WP-High-Frequency-Manipulation-SSRN-id2395159.pdf
[11:39]   Shai : the rest of that doc – there is nothing major, we all know that F price will go quiet from 3.15 pm for the cash to catch up
[11:56]   Naveen : Shai Arvind looking a good buy??
[12:22]   Shai : arvind good move yetserday consolidating today but looking good for 305/ 319 with stops below 265
[12:23]   Naveen : Thanks Shai
[12:26]   Vikkas C : anyone watching asian paints ..what just happened ..shot up like crazy
[12:33]   r m : wanted to kiss it’s vwap 😀
[12:33]   r m : http://screencast.com/t/t0YqlVG9aqO4
[12:33]   Vikkas C : 🙂
[12:35]   Misaal : @ RM, would you give bharti a try then. For vwap ?
[12:37]   r m : @Misaal, no sir, i just want to study what happens in majority of stocks 🙂
[12:38]   r m : and how it impacts Nifty in those mad moments!
[12:38]   Misaal : 🙂
[12:41]   r m : so far we were only trying to trade that stampede with nifty options, want to see if there is a possibility to trade stock options too
[12:41]   Misaal : provided there is ample liquidity.
[12:41]   r m : so this expiry will only take notes on stocks 🙂
[12:42]   r m : yes, no point in trading an illiquid option 🙂
[13:36]   Uttam : Lupin after opening strong consolidated & now givign a fresh BO?
[13:48]   Uttam : bought TaMo 310 CE @ 1.6 no SL
[13:55]   Shai : Lupin yes was an open drive and hence OTF