OrderFlow charts and Notes 12/01/16

[08:54]   r m : Good Morning folks!
[08:54]   Vikkas : Gdmrng all
[08:55]   Vikkas : Hi RM & Shai
[08:55]   r m : Hi Vikkas
[08:55]   r m : http://vtrender.com/evening-report-trade-dated-11th-jan/
[08:55]   r m : http://vtrender.com/orderflow-charts-and-notes-110116/
[08:55]   r m : BNF Hypo1 above 16189➜16301➜16417 SL 16080 | BNF Hypo2 below 15950➜15838➜15600 SL 16055
[08:58]   r m : (08:55) r m:NF Hypo1 above 7633➜7671➜7692 SL 7590 |NF Hypo2 below 7555➜7514➜7482 SL 7592
[08:59]   Jitender : Gm Shai, Rm, folk:-)
[08:59]   Jitender : folks
[08:59]   r m : Hi Jitender 🙂
[09:05]   Ashish : GM all
[09:11]   Shai : GM all
[09:14]   Kathir : GM Shai RM all friends
[09:14]   Tejpreet : GMAll
[09:14]   r m : Hi Kathir
[09:15]   Venkatesan : gm shai, rm and to all
[09:16]   r m : Hi Venkatesan
[09:17]   Uttam : Good Morning Everyone 🙂
[09:17]   Arvind : GM friends
[09:17]   Kris : GM all 🙂
[09:19]   r m : Hi Kris 🙂
[09:20]   Jitender : Gm Kris…
[09:22]   Venkatesan : wrb
[09:23]   Vikkas : anyone any idea abt tcs result time ?
[09:23]   Kris : gm rm, Jitender
[09:24]   Suresh : Good Morning Everyone
[09:26]   Shai : Quieter open but bulls have to put the work to move it up
[09:27]   Jitender : o=h today also….
[09:27]   Janak : shai 950-000 zone has anamolies to be repaired so….?
[09:31]   Shai : in BNF?
[09:31]   Janak : yes
[09:31]   Janak : or some distribution left still?
[09:31]   Shai : no anomalies yesterday
[09:31]   Janak : ok
[09:32]   Janak : i thought a visit to 900-950-000 zone will do the needful
[09:33]   Rahul P : hoping for a vpoc test on nf
[09:35]   Janak : there u go shai
[09:35]   Janak : that visit was due last evening itself
[09:37]   RK : GM Shai,RM and all
[09:39]   r m : Hi RK
[09:40]   Shai : if 7555 holds would be a quiet day today
[09:40]   Shai : focus could be on value creation again 7560- 7620-30
[09:40]   Uttam : we may target yesterday’s high again
[09:40]   Shai : breas drive it below 7555 easily lower
[09:40]   Uttam : ?
[09:40]   Shai : bears*
[09:40]   Uttam : oh ok Shai, thanks
[09:42]   Shai : Bulls have to show spirit abv vwap today also …what makes them think 1 day is enough ? 🙂
[09:42]   Shai : 7576- first 30 min vol mostly below vwap
[09:42]   Shai : 16031 BNF
[09:43]   Venkatesan : rm cna you please end of the day post janak position also along with FII,, (09:32) Janak :i thought a visit to 900-950-000 zone will do the needful
[09:43]   RK : today’s high is resisted at Friday low in both NF and BNF..so, if we consider yday move as short covering, bears are in neat control..
[09:44]   r m : @Venkatesan, question not clear to me 🙁
[09:44]   Shai : exit the 7600 ce – now at 90-91
[09:45]   Venkatesan : i mean the mkt follows janak open position?
[09:46]   r m : @Venkatesan, is that a question or a comment? 😀
[09:46]   Kris : @Venkatesan – I second you!
[09:46]   Venkatesan : he was short
[09:46]   Venkatesan : :))))))
[09:46]   r m : Janak the great leads BNF by its nose 🙂
[09:46]   Venkatesan : :))))
[09:47]   Kris : But problem for RM is – except God and Janak no one can figure out his trades – mesmarizing to say the least!
[09:47]   Venkatesan : lol
[09:47]   r m : I only concentrate on shai’s trades 🙂
[09:47]   Kris : Entered 7700CE at 49.5 – 4 point SL.
[09:48]   Janak : rm-shaab – mera kaam tha 16080 or 15980 loot-maar karna – job done and i am out till afternoon ;
[09:48]   Janak : 16080 aur 15980 ke beech me
[09:48]   r m : @Janak, next few hours crude trading? 🙂
[09:48]   Janak : shai dont tell me later that i did not give chance to bulls 🙂 lol rm 🙂
[09:49]   Janak : crude fell from 2225 to 2047 in 90 min last night
[09:49]   Janak : how can u expect any mkt to go up in this situation?????
[09:49]   Kris : @Rm – you said crude – it is Cruize – with you know who! 🙂
[09:49]   r m : @Kris 🙂
[09:50]   Venkatesan : LOL
[09:50]   Rahul P : hoping for a poc test on nf…want to see if bulls active or not
[09:51]   Kris : @Rahul – even better if we get it between 10.15-10.45 🙂
[09:52]   Rahul P : @kris – that might be a nail on bull’s coffin for the day
[09:53]   r m : today we have CPI and IIP numbers after market hours
[09:54]   r m : Results today – Indusind bank, TCS, Yesbank
[10:11]   r m : handsome intraday alerto active today 😀
[10:11]   Shai : Alert recommends a short below 7555 for 7518 and 7482 with sl of 7594
[10:12]   Shai : BANKNIFTY F6-NSF Signal Action Alarm! 15953.40 at 10:06:27 INTRADAY SELL SIGNAL . SELL BNF 10 PRICE POINTS BELOW QUOTED PRICE. SL will be 16065and tgts of the move to be 15835 and 15606
[10:12]   Shai : short it below 7555 and 15943
[10:12]   r m : looks like Janak has bribed alerto 🙂
[10:13]   Rahul P : he has a face now
[10:13]   r m : yeah, lean and mean and bloodthirsty (the intraday one)!
[10:13]   Vikkas : but missed the alerto 😀
[10:14]   Rahul P : RM, u have a job at hand….we need a good RE
[10:15]   Sandeep : BN triggered to me
[10:18]   Shai : holding below vwap
[10:18]   Shai : ok
[10:21]   Uttam : we also have 80% playing out today Shai?
[10:26]   Kris : 12/01/2016
[10:26]   Kris : (09:51) Kris :@Rahul – even better if we get it between 10.15-10.45 🙂
[10:27]   Kris : @Rahul – here it is!
[10:27]   Rahul P : cheers
[10:27]   Kris : and – the gambler that I am – trying longs here! 🙂
[10:29]   Rahul P : cheers mate
[10:33]   Shai : Part book BNF intra 15875 – move sl to cost
[10:35]   Shai : alerto is not trained to see a high volume bar with poc at lows – so I’ll override him for safety
[10:35]   Uttam : gr8 Shai
[10:39]   Shai : 7530- 34 is the place where the afternoon dip held up yesterday- poc is our tgt still 7518- will be quick if these buyers liquidate
[10:40]   Shai : broaer pic since morning is trend down and yvwap not held by buyers at 7555
[10:40]   Shai : broader pic**
[10:42]   Shai : Part book NF also 7532- 34 – move sl of the trade to 7562
[10:51]   Shai : risk of a rise to 7552-55 is there and hence kept sl of balance at 7562 to keep us in this trade
[10:51]   Porus : If it does rise, can we re-short there?
[10:53]   Shai : yes
[10:53]   Shai : short is right below vwap today
[10:53]   Porus : yes
[10:53]   Shai : auction nature changes if vwap is taken out
[10:57]   Porus : 7518
[11:04]   Kris : @Shai – Alerto looks sharp – and awesome!
[11:05]   Uttam : bouncing from YPOC?
[11:07]   Kris : I am impressed with part booking timing of Alerto! 🙂
[11:07]   Rahul P : Kris, u seem to have entered slightly earlier on the contra
[11:07]   r m : @Kris, looks like Shai spent his Christmas holidays training alerto 🙂
[11:08]   Venkatesan : lol
[11:08]   Rahul P : @rm, thanks for the neat RE …yet again you prove your might 🙂
[11:08]   r m : lol
[11:08]   r m : Thanks for attributing divine powers to me Rahul 🙂
[11:08]   Venkatesan : rm or janak will work at a time
[11:08]   Rahul P : hehe, jo dikhta hain woh likhta hain
[11:09]   r m : ekdum sach 😀
[11:10]   Shai : Kris 🙂 Thanks.
[11:11]   Shai : No RM- Alerto is over 6 months old project but has been born just 🙂
[11:11]   r m : ok 🙂
[11:11]   Uttam : yes surely doesn’t seem could be done in just year-end holidays 🙂
[11:12]   Rahul P : quadra century on NF @ debut for Alerto
[11:13]   r m : 358 points from 7908 to final exit 7550!
[11:14]   Shai : vpc test produced biggest rise of 22 points
[11:14]   r m : 720 points for BNF 16900 to 16180 final exit 🙂
[11:14]   Shai : but some greens are there
[11:18]   Shai : 15928/ 7551 is that anomaly
[11:19]   Shai : things can move wildly in that zone
[11:20]   RK : Shai 16230 in sight above IBL? 🙂
[11:21]   Shai : maybe 16150-180 if morning shorts cover
[11:21]   RK : BNF today reminds me 15th and 16th Dec..
[11:21]   Shai : that low around 15800 is imp
[11:22]   Shai : if that goes we have a 400 point slide
[11:22]   Uttam : scary
[11:26]   Shai : I’m not even looking at long side till we see something over vwap today
[11:26]   Shai : entire day is below the Orange
[11:32]   RK : Shai it’s always better to go with vol based values than tpo based?
[11:32]   RK : index as well as for stocks?
[11:37]   Shai : vol better in my experience esp for intra
[11:38]   RK : Yes..price action confirms that..thanks
[11:39]   Shai : it was a big debate a few years back- we stuck to vol profile and have been happier
[11:40]   RK : ok..yes end of the day, trades will tell us which is better
[11:40]   r m : it was like the classic black & white vs color photography 🙂
[11:40]   RK : 🙂
[11:41]   Kathir : @RK trdes or profit :
[11:41]   Shai : Intra day :Add back NF intra day if below 7515- tgt is 7482 and 7428 Sl same at 7462
[11:44]   RK : Kathir trades 🙂
[11:45]   RK : profit is all about what we do when price action happens 🙂
[11:45]   Kathir : ok :
[11:47]   Shai : Lovely- will quote that RK and store it with your permission
[11:49]   Shai : (11:41) Shai :Intra day :Add back NF intra day if below 7515- tgt is 7482 and 7428 Sl same at 7562
[11:49]   Shai : SL error modified
[11:51]   Kathir : @shai question is mine 🙂
[11:52]   RK : Shai with pleasure 🙂
[11:52]   r m : @Kathir, 50% credit to the guy asking question 🙂
[11:53]   Kathir : oh thanks RM :
[11:53]   RK : Kathir, sucess follows only if you know what to question..the best example in front of us is Varun 🙂
[11:54]   r m : 🙂
[11:55]   Kathir : true RK bhai I am happy atleast I know some questions
[11:56]   r m : lol
[11:57]   RK : 🙂
[11:58]   Kathir : @RM read in newspaper a girl asked PM’s office – when was gandhi declared as mahatma and by whom.which no oe has answer
[11:59]   r m : this Modi government is useless truly 🙂
[11:59]   Kathir : they forwarded this question to records dept where they also had no clues :
[12:00]   Jitender : biigest theivery tey r doing is in petrol/diesel prices…
[12:00]   Porus : perhaps they dont want to answer.
[12:00]   r m : let me share the secret, it was Ravindra Nath Tagore
[12:00]   Jitender : cool rm…
[12:00]   r m : but my history is very poor, so don’t remember the date 🙂
[12:01]   Kathir : oh ok great one RM sir
[12:01]   r m : @Jitender, they are not doing thievery, thievery is when you pocket the money, they are finacing the fiscal deficit with it 🙂
[12:02]   Kathir : @jitender even crude becomes 0 our petrol price will be more than 50 rs 🙂
[12:02]   Jitender : rm inturn inflation & prices r being kept up
[12:02]   r m : @Kathir, the way things are going crude may reach zero soon, wonder what will Janak short then 🙂
[12:02]   Jitender : fiscal deficit is money wasted on schemes wich donot reach common man
[12:03]   r m : lol
[12:03]   Jitender : all pocketed by middle guys
[12:03]   Kathir : janak will trade for -10 -20
[12:05]   r m : bye folks, have to leave today, will try to be back by closing
[12:05]   Jitender : bye n tc
[12:06]   Kathir : bye RM – so no more WRB today :
[12:09]   Rahul P : 🙁
[12:16]   Shai : 7506 again
[12:19]   Jitender : india 309 – 3
[12:21]   Sandeep : bnf positional in
[12:21]   Shai : yes
[12:21]   Rahul P : shai, nf shorts triggered ?
[12:21]   Shai : 24 points was the last intra day rise in NF
[12:22]   Shai : Yes NF also
[12:22]   Shai : 90 was the rise in BNF
[12:23]   Shai : looking for 7482 in NF now
[12:27]   Janak : shai BNF positional short active?
[12:27]   Janak : below 790
[12:33]   Shai : yes
[12:37]   Rahul P : bulls entry ???
[12:45]   Shai : Vix abv 19.15 would move to 21.86 by Fri/ MOn
[12:46]   Janak : shai 7482 is intra target right?
[12:47]   Jitender : Shai : looking for 7482 in NF now
[12:48]   Varun : shi hw to read vix with amt
[12:48]   Jitender : at 12.23 by shai
[12:48]   Varun : ur latest tweet
[12:48]   Varun : ?
[12:48]   Shai : higer vix means more puts bought
[12:48]   Varun : by fii or retail
[12:49]   Shai : fii mostly are buying puts
[12:49]   Varun : thanks
[12:52]   Shai : 4th Jan was 1L qty buy side all puts
[12:53]   Shai : 4th Jan also ope drive from 15 levels I think
[13:01]   Varun : shai if u see orderf low
[13:01]   Varun : lower distribution of todays dd
[13:01]   Varun : has only big buyers
[13:01]   Varun : any relevance
[13:02]   Varun : tht if we cross poc, then cld be accumalation
[13:03]   Janak : varun there is a larger picture – bn rose from 840 to 180 yday – so OTF sellers who sold BNF a 1000 pts above – came in action – so now we had not only 840 revisited but bn went below and will continue till shai’s levels
[13:03]   Janak : 434/329
[13:03]   Varun : cool
[13:04]   Janak : NF is precariously trying to hold on to 7500 as 7000 can come very fast now
[13:06]   Janak : much like crude tried to hold on to 2500 levels for a week – but no luck
[13:06]   Janak : now it is 450 pts down
[13:08]   Janak : shai fantastic calls in nf/bnf
[13:08]   Shai : Varun look at full day pic – big sellers yesterday at 7600 plus an today at open
[13:08]   Janak : thnx
[13:08]   Janak : part-booked
[13:08]   Shai : could be short booking but not longs being accumulated
[13:09]   Varun : ya cos poc ws unable to cross
[13:09]   Shai : also vwap
[13:09]   Varun : yup
[13:09]   Rahul P : also making lower highs
[13:10]   Shai : pull back highs around 7536-42 now
[13:10]   Janak : ok – so one can safely short there again
[13:10]   Janak : bnf? 850-900?
[13:11]   Shai : yes
[13:12]   Shai : won’t be surprised to see NF around 7450/40 today
[13:12]   Shai : sl 7562
[13:13]   Ashish : 1 lakh buyer @ lows
[13:13]   Ashish : hope he would disappear soon
[13:15]   Shai : he’s big no doubt
[13:15]   Varun : shai if u merge today n yesterday
[13:15]   Varun : shot nf if possible
[13:16]   Shai : merged
[13:16]   Varun : thnks
[13:16]   Shai : take screenshot- have to undo as it affects value area
[13:18]   Shai : BN was last here on 07/09/15
[13:19]   Janak : maybe bulls will give a last try at eu open?
[13:19]   Janak : with a spike up
[13:25]   Varun : shai is poc 18 or 28
[13:25]   Varun : ok tht would be yesterday
[13:25]   Varun : thanks
[13:27]   RK : 7500 is one big emotional number like 8000
[13:27]   Ashish : and one emotional buyer there also.
[13:29]   Ashish : BNF is in WRB since 30 minutes.
[13:29]   Shai : yes
[13:30]   Ashish : new reds
[13:30]   Shai : that buyer in BNF also
[13:32]   Ashish : But his friends missing na Shai, may leave the field soon
[13:33]   Shai : 🙂
[13:33]   Rahul P : one more joined 54k
[13:33]   Ashish : sellers are poking him
[13:33]   Rahul P : or might be same one with added inventory
[13:33]   r m : Back 🙂
[13:33]   Rahul P : missing wrb
[13:33]   Uttam : super RM we need you to break 7500 😉
[13:33]   Sandip : Ashish wats WRB?
[13:34]   Uttam : wide range bar
[13:34]   Sandip : ok tx
[13:34]   Rahul P : wide range bar
[13:34]   Kathir : 🙂
[13:34]   Ashish : 3sd attempt to break yesterday’s low…again failes
[13:34]   Ashish : 3rd*, failed*
[13:34]   r m : let me get a big hammer 🙂
[13:35]   Ashish : too much cold here, diffucult to control fingers 🙂
[13:35]   Ashish : bring it RM
[13:35]   r m : where is Janak “the Hammerman”? 🙂
[13:35]   Ashish : must be hammering crude
[13:35]   Venkatesan : lol crude willl fire then
[13:35]   Rahul P : wrb controlled by super RM
[13:36]   r m : lol, usmein kuchh bacha hai abhee? 🙂
[13:36]   Ashish : 2000 points hai naa
[13:36]   Venkatesan : :))))
[13:37]   r m : there is a long queue of folks waiting to pull my legs, wait for your turn guys 😀
[13:37]   r m : @Ashish, guess near USD20 we should go long in crude and shut shop 🙂
[13:38]   Jitender : rm…heckly pls
[13:38]   Ashish : wish we reach there RM 🙂
[13:38]   r m : that will be called “crude” investment!
[13:38]   Ashish : hahahaha
[13:38]   r m : sure Jitender
[13:38]   Jitender : tx
[13:38]   Janak : rm i ably guided bnf in morning from 16080 – then it has been obedient 🙂
[13:39]   Janak : rani ko raaja ke siva aur kaun samaj sakta hei? 🙂
[13:39]   Kathir : @ashish whats the use we have to pay 60 rs for petrol
[13:39]   Venkatesan : hahhaha aat rk
[13:39]   Venkatesan : sorry lol rm
[13:40]   Kathir : @venk dont disturb RK in cash counting session
[13:40]   Venkatesan : yes kathir sorry rk
[13:40]   r m : @Janak, lol, saw that autoraja on ABachhan’s Show, next should be BNraja 🙂
[13:40]   Kathir : pls give 7432 nf today
[13:40]   Venkatesan : i guess this time 2000 in bnf for rk
[13:40]   Venkatesan : points
[13:41]   Ashish : @kathir, that’s the sad part…
[13:41]   Kathir : yeah very quickly too
[13:41]   Kathir : @ashish yes I am only part of that part
[13:42]   r m : @Venkatesan, problem is if you give 2000 points to janak, he will still ask for more!
[13:43]   r m : like Oliver Twist 😀
[13:43]   Venkatesan : :)))))
[13:43]   Ashish : Rm, bring your hammer man
[13:43]   Janak : 🙂
[13:44]   Kathir : hammer or hummer ashish
[13:44]   Janak : they should allow crude trades upto -10000 ;
[13:44]   Kathir : lol
[13:45]   Ashish : lol
[13:45]   Kathir : so these 7500 defending guys new buyers?
[13:45]   Janak : on a serious note – it is clearly a political move to crush crude to destroy gulf’s monoply
[13:46]   Venkatesan : that wrb already in 20 lac profit
[13:47]   Venkatesan : then uae will be and most of the indians will loose jib
[13:47]   Venkatesan : uae will beg
[13:47]   Janak : thats what US wants
[13:47]   Janak : crush all other economies who can challenge them
[13:47]   Venkatesan : :))
[13:49]   r m : the positive aspect of crude story is that terrorists funding will be dried up
[13:49]   Sandip : so a big green candle means wide range bar bith a big buyer?
[13:49]   Venkatesan : and the engative part is we loose our conveyance allowance
[13:49]   Venkatesan : negative part
[13:50]   Rahul P : one arrow multi targets – Rogue gulf states, Russia, Terror
[13:50]   r m : lol
[13:50]   Sandip : venkat?
[13:50]   Venkatesan : yes sandip
[13:50]   Sandip : a big greencandle means a wide range bar with a big buyer?
[13:50]   Janak : yeah rm and then terrorists will turn to other countries for funding 🙁
[13:51]   Varun : shai cn u adjust 5 mins
[13:53]   r m : @Sandip, WRB’s are big black bars
[13:53]   Rahul P : rm, he need to be show a live one
[13:53]   Sandip : wat do they signify?
[13:55]   r m : that bar’s range is above a certain criteria
[13:56]   Shai : Book NF intra day trade fullt at 7530
[13:57]   Shai : only BNF intra is open now- positional is a different set
[13:57]   Shai : also open
[14:02]   Janak : (13:10) Shai :pull back highs around 7536-42 now
[14:03]   RK : that buyer is up 35+
[14:03]   Vikkas : @rk u talking abt 10665 & 10800
[14:04]   Uttam : 106650
[14:04]   Uttam : testing VWAP now
[14:04]   RK : 1 lac wala
[14:05]   Uttam : once he exits all fall down?
[14:05]   Vikkas : ok thanx uttam & rk 🙂
[14:05]   r m : @Sandip, here are a few examples from yestreday http://vtrender.com/wp-content/uploads/2016/01/Footprint_5_NF6.png
[14:06]   r m : live WRB example Rahul is trying to create 🙂
[14:06]   Rahul P : not me 🙁
[14:06]   Sandip : thank you rm
[14:06]   Rahul P : mere bas ki baat nahi
[14:06]   Venkatesan : sandip the wrb represent a bar that is bigger than previous some 200 bars, that mean in that particulat price point there are more participants traded
[14:07]   Rahul P : RM, today’s nf profile is a ‘b’ or a DD ??
[14:07]   r m : welcome 🙂
[14:07]   Sandip : so venkat in the photo that rm posted where is it?
[14:08]   Sandip : ok saw it
[14:08]   Sandip : its volumes above the average right
[14:08]   Venkatesan : with black back groung like stantind scale
[14:08]   Venkatesan : standing scale
[14:08]   Venkatesan : vertical scale
[14:09]   Venkatesan : yes abobve avergae
[14:09]   Sandip : got it
[14:09]   r m : @Rahul, there are some single prints in between but can’t really be called DD in my view
[14:10]   Rahul P : so more of a b ?
[14:10]   Shai : is a b
[14:10]   Rahul P : thanks
[14:10]   Janak : thnx shai – (13:10) Shai :pull back highs around 7536-42 now
[14:10]   Shai : trend down halted at yesterday lows and distribution began
[14:10]   Janak : shorted there and chipped in few
[14:10]   r m : @Sandip, qualifying criteria for wide range bar is range, voumes should be higher too but that is not the criteria
[14:11]   Janak : i think we have a shai-levels-reminder here – for pullbacks – all in the room had a chance to pocket 10 easy point in NF there
[14:11]   Janak : 7540-25 in fact 15
[14:12]   Sandip : some profit booking seen here at 7525 – 7535
[14:12]   RK : Shai BNF stuck buyer at vwap says we may probe lows once again 🙂
[14:12]   Shai : ys also first touch of vwap had to be sent down
[14:12]   Shai : that buyer did not know #AMT unfortunately
[14:13]   RK : lets search for sellers below dVAL else close at VWAP for the day
[14:13]   Venkatesan : rk short still open?
[14:13]   RK : and he also didnt know many eyes are expecting him to show up 🙂
[14:13]   RK : Venkat posnl once closed with good profit never initiated again..just playing few intra
[14:13]   Venkatesan : ok
[14:14]   Venkatesan : jjunior janak?
[14:14]   RK : I meant, good profit from sell means, need one false buy breakout to enter sell again..
[14:15]   Shai : this should move to the lower end of the min bell
[14:15]   Shai : we will close intra short BNF around 15780 if we see it
[14:15]   Shai : mini * bell
[14:16]   RK : thanks to that guy for quick 50 🙂
[14:16]   Shai : that 1L buyer in NF at 7501 upset the trend down
[14:16]   RK : he was big actually
[14:16]   Janak : shai i kept a short-covering order at 799 – and that one spike did the job 🙂
[14:16]   RK : yes
[14:16]   Kathir : bnf 39000 rk?
[14:17]   RK : anna vanakkam 🙂
[14:17]   RK : Kathir I thought you are trolling..yes, that 39k buyer
[14:17]   Kathir : 🙂
[14:17]   Venkatesan : :)))))
[14:18]   Kathir : RK now you accepted the truth
[14:18]   RK : anything above 25k in BNF locked means min 40-50 points
[14:18]   r m : NF undoing yesterday – a mirror image almost 🙂 https://files.slack.com/files-pri/T0F2YRXQT-F0J7USKKN/nifty16janfut__5_min_.jpg
[14:19]   Sandip : profit booking +writing combo happening now…im waitin for Shai’s old target at 7482 🙂
[14:20]   Kathir : Sandip shai mentioned 7450 possibility today
[14:20]   RK : another swap to VWAP may take this higher also…greens showing intrest
[14:21]   Sandip : me poor me ok taking lesser profit
[14:21]   Sandip : 🙂
[14:21]   Kathir : 🙂
[14:22]   Shai : 7450 ruled out now
[14:22]   Shai : we can close vwap today
[14:22]   Kathir : ok shai thanks.
[14:23]   RK : the way composites are making a shape at lower distribution after every fall, gives a comfort of more and more fall positionally..right Shai?
[14:23]   Kris : @Shai – 7700CE carry – blind gamble/calculated gamble/reasonable trade – Can you select one of them? 🙂
[14:23]   Varun : kross winner
[14:23]   Varun : kris winner
[14:23]   Suresh : 🙂
[14:23]   Varun : if todays low protected
[14:23]   Sushovan : Shai any PL todays profile ?
[14:24]   Rahul P : varun, what u suggesting ?
[14:25]   Varun : wht i am saying
[14:25]   Kathir : varun what if low breks today NF?
[14:26]   Kathir : breaks*
[14:26]   Varun : 7395
[14:27]   Shai : Kris no big fall till 7480 F holds in NF , however BNF is weak here
[14:27]   Kathir : thanks varun
[14:27]   Kris : Thanks Varun!
[14:27]   Varun : this 145 cnadle will tell whr we go tmrw
[14:27]   Kris : Thanks Shai – thought you would pick A/B/C 🙂
[14:27]   Shai : No Sushovan not a poor low yet
[14:27]   Varun : 30 mins
[14:27]   Varun : it has stuck buyers at top
[14:27]   Varun : and stuck sellers at bottom
[14:28]   Shai : 38190 BNF stuck
[14:28]   RK : Varun could be same guys making bad exit
[14:29]   Varun : this has been the composite range also
[14:29]   Janak : kris that is a reasonably calculated trade which we should follow blindly 🙂 only opposition is mighty shai – whose BNF pos short is active
[14:29]   Varun : 7535.7505
[14:29]   RK : back to back stuck figs in last hour could be same people making loss exit
[14:29]   Shai : Intra day :Book out all BNF intra day 15785 now-
[14:29]   Varun : i have seen many p’s failing at top and fall starting
[14:30]   Janak : eh! why sir?
[14:30]   Varun : we have a b on composite after 500 point fall
[14:30]   Varun : either range extend on lows or
[14:30]   Varun : path of least resistance is up
[14:31]   Sandip : buying at lows is pretty strong…they havent fully bookes profit
[14:31]   Rahul P : rm, can u plz share nf composite on slack ?
[14:33]   Shai : Intra day BNF has run it’s course Janak- auction is a b and at day lows
[14:34]   r m : sure Rahul
[14:34]   Janak : ok
[14:34]   Shai : I’ll take another 200 point fall if you trigger it though 🙂
[14:35]   Sandip : revisit to days lowlooks tough…short covereres booking away..
[14:35]   Sushovan : ok. thanks shai
[14:37]   Janak : shai i will stick to ur pos short in bnf and will add at higher levels
[14:37]   Janak : till the sl is taken out
[14:39]   Janak : although looking at EU in green bn might try to approach ur sl of 16050 by tom
[14:41]   Janak : like just now i did at 810 🙂
[14:42]   Janak : already in for 40 pts
[14:42]   Janak : wah mazaa aa gaya a swift 90 pts move fromm 810
[14:42]   Janak : rm saab – shukriya
[14:43]   Janak : lets c if NF follows the suit
[14:44]   Janak : it has to do 7502 IMO
[14:44]   Janak : min
[14:44]   Uttam : buyers @ lows in bnf + wrb?
[14:44]   Kathir : janak yes help us also – nf guys
[14:44]   Varun : rm mege one day before also
[14:44]   Varun : jst chked at slcak
[14:44]   Janak : kathir u just stick to the master’s call – come what may
[14:44]   Janak : and game is urs 🙂
[14:45]   Janak : he has told that 7482 will come
[14:45]   Varun : shai if we merge last 3 days
[14:45]   Varun : wht would be poc
[14:45]   Varun : of lower distribution
[14:46]   Kathir : ok janak
[14:49]   Shai : last 3 days or last 4?
[14:50]   r m : @Varun
[14:50]   Shai : still 7602 for last 3
[14:50]   r m : https://files.slack.com/files-pri/T0F2YRXQT-F0J84THR8/nfmp.jpg
[14:50]   Varun : cn u widen the prfile
[14:50]   Varun : i will tell till which date
[14:51]   Varun : rm has shown not a b on 3-4 days
[14:51]   Varun : but on last 2 days its a b
[14:51]   Varun : with a bid dimple to fill till 7600
[14:51]   Varun : on 4 days composite
[14:52]   Varun : whenever we have seen such bells normally dimples fill
[14:52]   Varun : 7630.7530 yoyoyo
[14:53]   Shai : if you incluse day 3 , you have to do 4 days as day 3 was inside
[14:53]   r m : operation dimple 🙂
[14:54]   Varun : ok wht do we get then
[14:54]   Varun : then 7680/7500
[14:54]   Shai : then maybe a DD
[14:54]   Varun : shia hw does composite 7680/7500 look
[14:54]   Varun : lets fill those dimples also
[14:54]   Varun : shai
[14:57]   Shai : running down – should make new lows
[14:58]   Shai : https://vtrender.slack.com/files/shai/F0J80048L/npoc.png
[14:59]   Ashish : Shai, high volumes in USDINR today around 67.10 future levels. Looks like Rajan is on it. Your views on it please
[14:59]   Sandip : looots of short covering last half hour…close above vwap???
[14:59]   r m : looks like Kris has wrested the game from Janak 🙂
[15:00]   Venkatesan : janka run for cover
[15:00]   Varun : rm abhi toh party shuru hui hain
[15:00]   r m : yes Varun, ye to party ke beech mein ke kisse hain 😀
[15:01]   Uttam : in the 4 day composite, will we fill the levels between 7542-7596?
[15:01]   Varun : lol
[15:02]   Shai : usdinr vols are there at highs 66.99 is intra day supp and below that drops to 66.85 again
[15:03]   Ashish : Thanks Shai
[15:03]   Shai : even if Rajan is coming at 67.05 plus, till the index is not below 66.60 the bulls will stay in control
[15:03]   Ashish : OK, got it shai
[15:09]   Rahul P : tmrw mornign china exports data
[15:09]   Sandip : morning means before nifty open?
[15:09]   Rahul P : yes
[15:09]   Sandip : okies tx
[15:10]   Rahul P : hoping to be manipulatedly positive 🙂
[15:12]   Shai : Hedge BNF positional sell F with a 7600 long call at 76 – 2 lots for 1 Future sold. (we are near cost price on the BNF)
[15:12]   Rahul P : any NF view trade ?
[15:13]   r m : today evening CPI and IIP
[15:13]   Rahul P : rm, tmrw china export import data
[15:13]   Shanmugasubramanian : views of 7400 pe pls Shai
[15:15]   Shai : NF roughly neutral for a big positional move till in 7480- 7620
[15:15]   Shai : BNF is weak but not moving down well , hence hedged
[15:18]   Shai : 7400 pe has to cross over 75 for a trending move- meeting supply there 75-80
[15:18]   Shai : hood supp at 46 and can be a buy again at 46 if you see it
[15:18]   Shanmugasubramanian : tnk shai
[15:18]   Shanmugasubramanian : tnks
[15:23]   Shai : was a promising day in NF and BNF – but a timid close
[15:23]   Shai : NF is inside with POC same region
[15:24]   Shai : 7552 anomaly and 7572 can be visisted tom with stops below 7500
[15:26]   Janak : a gap up will be sold off
[15:28]   Shai : looking at 7500 -7570 as range
[15:28]   Shai : for tom
[15:29]   Rahul P : robos active
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Vikkas : bye all
[15:30]   Vikkas : happy evening
[15:30]   Sandip : thanks bye
[15:30]   r m : Thanks and bye folks, have a great evening! I was cut off mostly for last hour due to net troubles 🙁
[15:30]   Suresh : bye all
[15:30]   Ashish : Bye all
[15:30]   Venkatesan : bye all
[15:30]   Jitender : bye all
[15:31]   Shanmugasubramanian : bye all
[15:31]   Tejpreet : Bye All
[15:35]   Uttam : bye all have a nice evening
[15:36]   Arvind : bye all
[15:37]   Porus : bye all

[09:20]   Uttam : Shai GAIL looks good to short here?
[09:24]   Vikkas : shai view on L&T pls ?
[09:24]   Tejpreet : LT looks like open drive
[09:24]   Vikkas : yeah tej
[09:28]   Shai : gail is still in balance multi day and cane be shorted higher with sl of 381 clsing basis but abv 381 can break out- watch 373 also on intra
[09:29]   Shai : LT 1196 intra res and 1215 is weekly supply- supp at 1168 today
[09:30]   Uttam : thanks Shai
[09:30]   Vikkas : thanx shai
[09:50]   RK : Shai LIC shorts looks better below 490?
[09:54]   Gaurav : Shai intra levels for Mindtree please. Positional sl for long 1425?
[09:57]   Shai : LT Mindtree showing sellers near tday’s highs – move tsl to 1436 if in from below – need a close abv 1474 today to eep momentum up- 1510 next res
[09:57]   Gaurav : Thanks Shai
[09:57]   Shai : LC weak below 495 and has supp at 487-485
[09:58]   Shai : sell below 485 better tgt 1 466/ 450
[10:12]   RK : thanks Shai..
[10:23]   RK : Shai HCL shows any buyers at lows? vol seems good here
[10:28]   Uttam : Shai view on BHEL, looking good for longs?
[10:29]   Shai : Nope HCL drive down first pit stop 789-785
[10:29]   RK : fine..thanks
[10:29]   Shai : 796 intra may see profit booking by intra dayers
[10:30]   RK : fine
[10:31]   Tejpreet : Shai positional views on Adani ports
[10:31]   Shai : Bhel attempted drive but not convicned with longs till below 154 roughly- watch 151 as below that all morning buyers may liquidate quickly
[10:32]   Uttam : thanks Shai
[12:12]   RK : TCS doing same price action for the 3rd quarter 🙂
[12:12]   RK : one way move
[14:08]   Tejpreet : Shai could you post TCS OF in the closing minutes to see how positions are placed before the results .
[14:22]   Shai : sure
[14:24]   Tejpreet : Thanks
[15:03]   Gaurav : MINDTREE successful trade Shai . 1436 held on 🙂
[15:04]   Tejpreet : TCS up from lows
[15:06]   Shai : mindtree if 1511 is taken out can run to 1566/70
[15:07]   Gaurav : Thank You!
[15:08]   RK : this quarter for IT generally has no upbeat results due to holidays at client side and we have Chennai rain’s part also in delay in projects..so all in all not expecting any major upside surprise in IT results @ Tej
[15:08]   RK : Shai gentle reminder for TCS OF..
[15:09]   RK : oops..you just posted it 🙂
[15:09]   Shai : 🙂
[15:09]   Tejpreet : rk just boked out 20 points would never carry position overnight before results
[15:10]   Vikkas : anyone any option trade in tcs pls share here as well 🙂
[15:10]   RK : Shai looks like huge buyers at top..how to interfere that?
[15:11]   RK : Tej 2360-2315 trade done..looking to reenter if we get a spike up
[15:12]   Tejpreet : only post result tmrw RK 😉
[15:12]   r m : https://files.slack.com/files-pri/T0F2YRXQT-F0J80048L/npoc.png
[15:12]   RK : Yes Tej..it will offer many opportunity intra tmw
[15:18]   Tejpreet : Shai any buyers coming in HDFC trying to defend that 1148
[15:20]   Shai : RK in TCS?
[15:20]   RK : Shai Yes..I mean the last candle in your chart
[15:21]   Shai : hdfc looks like shortcovering 1147-48
[15:21]   Shai : short covering RK
[15:21]   Shai : getting wild now TCS
[15:22]   RK : got it..thanks..Yes..on any TA its a clean short;;lets see how it opens tmw..
[15:25]   Tejpreet : Thaks Shai
[15:28]   Tejpreet : Thanks for tcs OF.