OrderFlow charts and Notes 20/01/16

[08:41]   r m : Good Morning folks!
[08:41]   r m : http://vtrender.com/evening-report-trade-dated-19th-jan/
[08:41]   r m : http://vtrender.com/orderflow-charts-and-notes-190116/
[08:42]   r m : Nifty JAN Future levels | KRA 7382 | Hypo1 above 7472➜7505➜7540 SL 7430 | Hypo2 below 7405➜7370➜7316 SL 7436
[08:42]   r m : Banknifty JAN Future levels | KRA 14860 | Hypo1 above 15385➜15470➜15514 SL 15280 | Hypo2 below 15200➜15119➜14906 SL 15295
[08:52]   Vikkas : Gdmrng all
[08:52]   Vikkas : Hi Rm & Shai
[08:52]   Jitender : Gm Shai, Rm, Folks:)
[08:54]   r m : Hi Vikkas, Jitender 🙂
[09:00]   Shai : GM all
[09:02]   RK : GM Shai,RM and all
[09:02]   Tejpreet : GM All.
[09:02]   r m : Hi RK
[09:04]   Sandeep : Gm all
[09:08]   Shai : 7437 add 20/25 for higher volatility is becoming a big volume point in the series
[09:08]   Shai : F
[09:09]   Ashish : GM all
[09:09]   Shai : now last 3 POC’s are right there in NF
[09:09]   Chandramouli : GM all
[09:10]   Arvind : GM all
[09:11]   Sameer null : gm all
[09:11]   Janak : shai can 7200pe be accumulated?
[09:12]   Sameer null : janak aap to bohot dur ki sochne lage 😉
[09:12]   Shai : yes can- let’s wait out the first 15 mins
[09:12]   Venkatesan : gm shai,,rm and to all
[09:12]   Janak : sameer – that bohot dur will come by tom morning
[09:13]   r m : Hi Venkatesan
[09:13]   Shai : yesterday’s orderflow sellers are a happy bunch this morning
[09:13]   Sandip : 🙂
[09:13]   Janak : again US mkt proved that it is in sync with crude – crude fell from 2040 to 1940
[09:13]   Shai : 1L was at 7454 and 1.9 L near 7464
[09:14]   Sameer null : janak …more than oil its dollar index near resistanxe of ~100
[09:15]   Uttam : Good Morning All 🙂
[09:16]   Uttam : Shai yesterday the entire 30 min chart was red delta right?
[09:16]   Uttam : exit the hedged CE’s Shai?
[09:18]   Uttam : wrb right @ open
[09:19]   Sameer null : put buy shai?
[09:20]   Uttam : both tgts done for the day below hypo1
[09:20]   Sandip : look at the huge green delta candle…..
[09:20]   Sandip : put wud have made sense yesterday closing i suppose…
[09:21]   Shai : Alerto recommends part booking here and moving SL of the trade to 7390 for thefull position.
[09:21]   Janak : shai in case of intra-bounce – what would be good re-entry points for shorst?
[09:21]   Shai : exit the 7500 ce hedge- cmp 15
[09:21]   Uttam : cool
[09:22]   Janak : NF has given two 150 pts intra-bounce up i guess in last 2 weeks
[09:22]   Janak : so it may tease intra-bears by such a sharp move?
[09:23]   Vikkas : cant even short now after a huge gap down 🙁
[09:23]   Janak : u cud vikkas but in first 30 sec
[09:23]   Janak : BN fell 150 down in last 8 min after open and NF 50
[09:23]   Shai : don’t short- part profit booking has been recommended at the open
[09:24]   Shai : 7355 and 7370 are res
[09:24]   Shai : down below 7405 now on any rallies
[09:24]   Janak : so one can short at7355/70/7405
[09:24]   Shai : yes
[09:25]   Shai : bad bar in usdinrF. Any1 has the correct high?
[09:26]   Vikkas : 68.04 NSE F&O
[09:26]   Vikkas : futures
[09:26]   Porus : 68.0375
[09:26]   Shai : thanks
[09:26]   Porus : jan f
[09:26]   RK : Shai can you pls adjust NF daily chart
[09:27]   Shai : yes JnaF has a vpoc 68.06
[09:27]   RK : thanks
[09:27]   Uttam : Shai the first 5 min bar had big green delta, is it bcos of ppl covering shorts?
[09:27]   Shai : could be
[09:28]   Shai : it’s but natural for the overnighters to cover – the shorts were coming 7430- 7470 yesterday
[09:29]   Uttam : yep one big 1.28L short @ 7465 i think?
[09:29]   Shai : chances of an OAOR is there but volume is very high for the open
[09:29]   Sandip : 1.9 uttam
[09:29]   Shai : watching vwap as first bias point fr intra
[09:29]   Uttam : oh yes 1.85 it was, thanks Sandip
[09:30]   Sameer null : @shai…would mkt on trap weak longs till europe opens and then resumes down move ?
[09:31]   Sandeep : we need display pic change for alerto today 🙂
[09:31]   Sandip : wc
[09:32]   Shai : Bounces are being sold Sameer- we saw it yesterday also live here
[09:32]   Shai : don’t pick bottoms is the message
[09:33]   r m : @Shai, EOD derivative position suggested massive long liquidation by client category rather then adding shorts by any category
[09:33]   Shai : yes saw that – second day running
[09:33]   Shai : they were brave and adding till Friday
[09:34]   Sandip : rm FII’s were buying longs right in NF for 2-3 days?
[09:34]   Uttam : so we have another huge level of singles to deal with now 7438-7360?
[09:34]   r m : @Sandip, yes but marginal and selling cash plus short bias in options
[09:34]   Sandip : yesss thanks i read that as well somewhere :0
[09:34]   Sandip : :)]
[09:34]   r m : 🙂
[09:35]   Sandeep : shai, below 14840 whats support in BNF
[09:36]   Uttam : 14400 😮
[09:37]   Sandeep : i got stuck in a bad long in bnf…waiting for any bounce to exit…no bounce 😛
[09:38]   Uttam : ohhhh should have exited @ open 🙁
[09:39]   Sameer null : @shai seems like we will get your target of 7246 today itself
[09:39]   Sandeep : yes, fortunately have double qty positions in nf shorts, so they are providing covering fire 🙂
[09:40]   Sandeep : yes uttam missed to exit at open thanks to windows 10
[09:41]   r m : @Sandeep, better to have mobile trading option for exiting in such emergency
[09:42]   Sandeep : yes rm lesson learnt
[09:42]   Sandip : rm how to trade a wrb?
[09:42]   Uttam : high & low of WRB are refrence points right?
[09:42]   r m : i also installed zerodha mobile recently after learning this lesson
[09:42]   Sandip : thats it uttam?
[09:43]   r m : @Sandip, Uttam, yes
[09:43]   Sameer null : in mobilei hate using zerodha app…slow at crucial points and many navigation s to place order
[09:43]   Shai : 7300 pe was building yesterday
[09:43]   Sandip : so we check for weakness or bullishness at those levels….coll thx guys
[09:43]   Shai : any1 tracking tat OI?
[09:44]   Uttam : was building till 1.15 yesterday Shai
[09:44]   Uttam : almost 80L & then coming down
[09:44]   Uttam : now 65L
[09:44]   Uttam : yesterday close itself it had reduced 10L
[09:45]   Tejpreet : Vix does another 10 % move !
[09:45]   Shai : BANKNIFTY F6-NSF Signal Action Alarm! 14816.95 at 09:45:02 POSITIONAL : Sell BNF below 14820 SL of 15190 tgt of 14507 and 14197
[09:45]   r m : PE OI – http://screencast.com/t/51GnWNrg60
[09:46]   Shai : thx that’s a nice view
[09:46]   r m : heckyl’s largesse 🙂
[09:48]   Sandip : nice…..finally a good number of peoples long stoplosses got hit at the lows right now…
[09:48]   Sandip : now we might see vwap++ move till about 12:30
[09:51]   Shanmugasubramanian : axis results lift banknifty ?
[09:51]   Vikkas : dow fut -245 what happened
[09:54]   Sandeep : bnf positional in
[09:54]   Jitender : crude
[09:54]   Jitender : it pulled down us mkt
[09:56]   Vikkas : yeah just saw its even broken 29
[09:56]   Jitender : Shai…is it poss to gv hypo’s for Usdinr with nf & bnf
[09:56]   Jitender : daily
[09:56]   Shai : will do- not an issue
[09:56]   Jitender : tx…
[09:56]   Jitender : tat wud b grt
[09:57]   Sandip : usdinr shud lift us up by 50 points if falls to 67.6
[09:57]   Sandip : i hope so:)
[09:58]   Uttam : did anyone notice we have freak highs in both Nifty & BN Spot @ 7470.9 & 15533.45
[10:00]   r m : not there on truedata ticks
[10:00]   Sandip : uttam i can see that in amibroker …or now software also…where can u see these spikes?
[10:00]   r m : at least in NS
[10:00]   Sandip : i cant see
[10:01]   r m : bns is there
[10:02]   r m : ok, ns also got now 🙂
[10:02]   Uttam : in Ami it is showing 7419.95 which is from google but on nse you can see
[10:02]   Sandip : i got nalla data feed i suppose…550 rs per month mein auur kya expect karoge?
[10:02]   Uttam : he he
[10:02]   Sandip : 🙂
[10:03]   r m : http://screencast.com/t/1oinRyZqo1
[10:03]   r m : some rocket launched and failed at 7435 😀
[10:06]   Uttam : it was launched upside down I guess 😉
[10:06]   Sandip : battle at vwap is on…
[10:07]   r m : 😉
[10:07]   Vikkas : also the dpoc is there
[10:09]   Vikkas : cud be making a b shape profile today ?
[10:18]   Vikkas : wow crude mcx @ 1984
[10:20]   Sandip : rm we are in a gap right… so gap rules apply here?
[10:20]   RK : Shai this excess convincing?
[10:21]   Shai : not yet- higher excess at top
[10:21]   Shai : IB itrade s largely below vwap
[10:21]   RK : Yes that’s why asked..we need min of 40-50 excess
[10:22]   RK : though not a rule but to have a conviction to go contra
[10:22]   Shai : 7145- 7260 is the old buyer of the wave to 9111
[10:22]   Vikkas : abv vwap we might go towards yest low shai ?
[10:23]   Shai : No Vikkas 7355 res now – abv 7355 a possible 7380/ 7405
[10:23]   Vikkas : thanx shai 🙂
[10:23]   RK : but we have many greens stuck in today’s fall itself..forget yday greens
[10:23]   Vikkas : yeah Rk
[10:23]   RK : 7325-7340
[10:24]   Vikkas : i think better wud be not to take contra and short the rally
[10:24]   RK : so these guys add more or quit when price gets there will decide trend for the day
[10:24]   Vikkas : +1
[10:25]   Shai : 7335 is first intra res now fllowed by 7359
[10:27]   r m : nse has removed that false tick from nifty spot now, or at least truedata has
[10:27]   RK : btw what is the marker RM?
[10:27]   Uttam : i dont think stubborn NSE will remove it
[10:27]   r m : 15533 in BNS RK
[10:28]   RK : got it..noted it down 🙂
[10:28]   Sandip : rm are there any freak high low rles in market profile??
[10:28]   r m : not to my knowledge Sandip
[10:28]   Vikkas : was this freak high today rm
[10:29]   Uttam : it is there on the NSE website Vikkas
[10:29]   r m : http://screencast.com/t/1oinRyZqo1
[10:29]   Vikkas : ohh..ok thanx uttam
[10:29]   Uttam : not sure if anyone noticed it & no hint of it even in the pre open
[10:29]   r m : 7435 in NS
[10:29]   Vikkas : wow thanx rm
[10:30]   Uttam : it is actually 7470.9 on the NSE website
[10:30]   r m : I checked and found no corresponding freak high in component stock so it could be only a calculation hitch since index price are synthetic
[10:30]   r m : ok Uttam
[10:30]   Uttam : but any chance of them repairing it EOD?
[10:31]   r m : no, they don’t. They will begin doing so only if a more transparent exchange comes up, so far othes are worse 🙂
[10:32]   Uttam : hmmm guys we have singles of more than 100 now on NF if we consider the gap down plus today’s singles so far, 7438-7320
[10:32]   Shai : Intra day : Sell NF 7310 sl of 7337 tgt 7285/ 7260
[10:34]   Uttam : cool Shai was just thinking NF is just wandering not doing anything 😉 lets make it do some work now
[10:35]   Uttam : BNF singles from 15272-14945?
[10:39]   r m : @Uttam, 15272? http://screencast.com/t/V4vg5XsNx
[10:40]   Uttam : i have also considered the gap down from yesterday’s close RM
[10:40]   Uttam : that is also invisible singles right?
[10:41]   r m : but gap down for hidden single prints should be considered only from previous low i think not previous close, at least that i read somewhere 🙂
[10:42]   RK : RM he is talking about singles to favor his shorts 🙂
[10:42]   Uttam : he he RK 😉
[10:42]   r m : aha! then it is perfect, since I don’t have any BN positions I can afford to be bookish 😀
[10:43]   Uttam : yes RM sounds logical also as singles are more effective if outside range
[10:43]   Uttam : so singles in BNF from 15080-14945
[10:43]   r m : yep
[10:43]   Uttam : & in NF from 7375-7320
[10:43]   r m : there are singles above also but they were (thought to be buying single prints at that time) 🙂
[10:44]   Uttam : he he yes but they have got reversed now
[10:50]   Vikkas : just spening time here and building value here ??
[10:50]   Vikkas : *spending
[10:52]   Sameer : Can we expect DD day on downside after Europe open
[10:52]   Sameer : ?
[10:53]   Sameer : with value are developing at 7240-7260
[10:56]   Shai : yes could move lower as day wears on
[10:56]   Shai : unless some1 puts in a massive buy program like what happened at 7430 last week
[10:56]   Vikkas : so the question to ask is to short here or wait for any rally to short for intra ?
[10:56]   Sameer null : hi
[10:57]   RK : quite difficult to make any new calls here after such open at extreme
[10:57]   Vikkas : agreed rk ..just watching the screen
[10:57]   RK : I have been doing that for 2-3 days..damn! 🙂
[10:58]   RK : with only few positions in hand
[10:58]   Vikkas : 🙂
[10:59]   Sameer null : @shai why trading profit shown after my name in chat room…is there problem with settings
[11:00]   r m : 🙂
[11:02]   Uttam : we have a big seller on the 30 min chart @ vwap
[11:02]   Uttam : seller(s)
[11:03]   Sandip : how big?
[11:03]   Vikkas : anyone else facing issue with the fullscreen option today in omnovia
[11:04]   Sandip : nope
[11:04]   Vikkas : im not able to 🙁
[11:04]   Uttam : total coming to 1.21 L cannot see the figure as vwap line over it 😉
[11:04]   Vikkas : thanx uttam
[11:05]   Uttam : 🙂
[11:09]   Vikkas : wheres varun today ?
[11:12]   Sameer null : anybody for dd day?
[11:13]   Shai : lol Sameer, you have not entered your full name hence it is showing that way on mobile- when looging in through mobile pls enter 2 names
[11:14]   Uttam : 🙂
[11:21]   RK : Crude making lows
[11:22]   Sandip : shai ..in the market profile chart on the extreme right….what is that purple color???
[11:23]   Sandip : there is something written..cant makeout what
[11:24]   r m : it is dpoc and volumes above and below it
[11:24]   Uttam : so vwap & dpoc almost @ same level
[11:24]   r m : i also can’t read but replying from memory 🙂
[11:24]   Shai : hanging around at vwap this NF and BNF now
[11:24]   Uttam : great RM 🙂
[11:24]   Sandip : thx got it.
[11:25]   r m : @Uttam, i practically live here 🙂
[11:25]   Shai : largely an OAOR then , but slighlt delayed and with adiitional excess from 7359 to 7330
[11:25]   Uttam : yep & it shows…RM 🙂
[11:25]   r m : 🙂
[11:25]   Sandip : rm u and shai have a trading room where u all discuss stuff?
[11:25]   Uttam : buyers?
[11:26]   Sandip : as in an actual room or all virtual?
[11:26]   Sandip : this is slight short covering
[11:26]   Uttam : could be a SL hit order
[11:26]   r m : @Sandip, no man, we have never met 🙂
[11:27]   Uttam : greens neutralised…
[11:27]   Uttam : RM you & Shai have never met?
[11:27]   Sandip : 🙂
[11:27]   Uttam : wow that’s surprising
[11:27]   Jitender : long distance love affair:)
[11:28]   r m : no, we chat here only and rarely on phone 🙂
[11:28]   r m : @Jitender, lol
[11:28]   Sandip : so webcam pals i guess
[11:28]   Uttam : great 🙂
[11:29]   Uttam : sellers again piling in at same level of 7316
[11:29]   Uttam : we will have a stuck buyer of 30900 @ the top
[11:29]   Uttam : if we keep drifting down
[11:30]   Sandip : what i can see from Oi data is that overall writers have piled on…..only small buyers and short covering happening at smaller levels……..writers still dominate in OI ,volume and price action….
[11:30]   Sameer null : are algos active in nifty like us mkt ?
[11:31]   Uttam : all becoming white now 🙁
[11:31]   Sandip : sammer in the orderflow chart if algos are active ull see a reverse purple “T”
[11:32]   r m : not seen algo for some time now – guess those guys have shut down their programs and taken holiday 🙂
[11:32]   Uttam : extended new year holiday RM?
[11:32]   Vikkas : lol
[11:32]   Vikkas : and will they also come back the way shai did after the vacation RM 😉
[11:32]   r m : yes Uttam, though some are seen near expiry time but they are mostly rollovers
[11:32]   r m : lol Vikkas
[11:33]   Uttam : with a venegence 😉
[11:33]   Rahul P : rm , they were active day before yesterday
[11:33]   r m : ok Rahul
[11:34]   Rahul P : check high volume node at 7450
[11:34]   Uttam : another 1L plus seller(s) at same level on 30 min chart so guess it is all bulding up for a show-down litereally?
[11:34]   Uttam : not 1L still (99900)
[11:37]   Sandip : rm
[11:37]   Sandip : apart from that spike wat do we take IBH as?
[11:38]   r m : IBH is 7360 only
[11:39]   Sandip : cool
[11:39]   r m : i think it was traded with good volume
[11:39]   Rahul P : rm, any ref values down below 7300 ??
[11:40]   r m : @Rahul around 7260 I think from Shai’s post
[11:41]   Uttam : yep
[11:41]   Rahul P : ok, thanks
[11:41]   r m : https://t.co/KJEMv4EURO
[11:42]   r m : of bears are coming for you fame 🙂
[11:42]   Uttam : Shai should start looking for levels below 7260 now I guess
[11:43]   r m : in the desi nifty chart there is a chasm below 7265 till 7102! but not very reliable that area since it was very thinly traded
[11:43]   Uttam : yep for spot below 7254 I have 7200 & 7110 only as supports
[11:43]   Sandip : writers too strong…….
[11:45]   Sandip : and vwap also defended well by them …time to dive to shais target in some time 🙂
[11:51]   Shai : 7300 pe is the biggest strike and I think they have not reduced yet
[11:52]   Shai : 7300 and 7400 ce written aggressively could be the same players
[11:52]   Uttam : yes Shai from morning it is slightly more (7300 PE)
[11:53]   Uttam : so do we see fall more swiftly when they start covering the 7300 PE?
[11:53]   r m : Modi-prints in sight 🙂 http://screencast.com/t/HBI68kaMRrGA
[11:55]   Shai : 7144- 7260 is the region on the spot to watch for weekly closing and bounce – the other point being 7420 on the monthly close
[11:56]   Uttam : thanks Shai
[11:56]   Uttam : big buyer in BNF 28800 @ lows?
[11:57]   Shai : NF at 7287 near tgt 1 . Book 50% and bring sl of balance trade to 7314
[11:59]   Vikkas : dow -287 wow
[12:00]   Vikkas : not brking IBL
[12:02]   Sandip : small bounce to vwap again i suppose….
[12:04]   Sandip : 7290 was the first pure short covering spot of the day
[12:07]   Sandip : sold again at 7310 lets see what happens at vwap..
[12:10]   Sandip : hmm so selling pressure remains at vwap….
[12:10]   Sandip : uttam not big buyer it was short covering at low
[12:10]   Vikkas : any idea what time does axis report numbers ?
[12:14]   RK : normally between 1 and 2
[12:14]   Sandip : moneycontrol are a bunch of lame people……theve given every info about wat axisbank resullt could be but not when the actual result is…
[12:15]   Vikkas : thanx RK
[12:16]   r m : @Sandip, I think infy is the only company which declares the time of result release in advance
[12:16]   Sandip : no but usually a time slot is specified by most companies
[12:16]   r m : ok
[12:16]   Sandip : and then they fail the time slot most times 🙂
[12:17]   r m : lol
[12:17]   Uttam : thanks Sandip
[12:17]   Sandip : wc
[12:22]   Sandip : rm wat kind of a day is this? open drive down?
[12:23]   Uttam : OAOR
[12:23]   Uttam : open auction out of range
[12:23]   Sandip : thx uttam
[12:23]   Uttam : wc
[12:28]   Shai : BNf below 14810 can drop another 100 quickly to 14706 intra
[12:28]   Sameer null : at what time europe mkt falls…dothey follow DST ?
[12:29]   r m : I presume that you mean what time Europe opens? 🙂
[12:29]   Shai : NF can add shorts again if 7285 breaks sl of 7315 tgt 7242
[12:30]   r m : 13:30 http://money.cnn.com/data/world_markets/europe/
[12:32]   Sameer null : ?
[12:33]   Tejpreet : Dec 16 6000 put fetching you 100 premium 🙂
[12:33]   r m : sold? 🙂
[12:33]   Uttam : whoa…
[12:34]   Tejpreet : No rm dec 16 , i can’t even hold overnight !
[12:34]   r m : i guess margin is too high for writing long term options
[12:34]   r m : lol
[12:35]   Sandip : not gonna remove short as long as i dont see a 65k ++ buyer
[12:35]   Tejpreet : Yes margin is higher , infact most of brokers do not have calculator for such long term option.
[12:36]   Rahul P : do u have buyers for writing that option ?
[12:36]   Tejpreet : 5700 is the traded quantity today.
[12:36]   Rahul P : oo
[12:39]   r m : fairly liquid, 5 point spread! http://screencast.com/t/3Ytbyg6eZHEs
[12:40]   Tejpreet : how to check the margin for it !
[12:41]   r m : you can write to zerodha, they will calculate and let you know 🙂
[12:41]   r m : margin calculators have only 3 month series feed
[12:41]   Tejpreet : yes
[12:43]   RK : INR hitting the roof and well above Shai’s 68.06
[12:43]   Sandip : rm, shai ..does axisbank have enogh weightage to pull nifty up if a good result comes out?
[12:43]   RK : Sandip nipe
[12:43]   RK : nope
[12:43]   Janak : rm’s favorite crude hits LC
[12:44]   Sandip : ok thx rk
[12:44]   RK : Weightage for Axis should be around 3%
[12:45]   r m : @Janak, bhaiyya fursta mil gayee idhar jhaankne kee? 🙂
[12:46]   r m : *fursat
[12:47]   r m : Axis bank weightage in Nifty is 1.84%
[12:47]   r m : http://www.adityabirlamoney.com/equity/nifty-weightage
[12:48]   Sandip : even better :)..now i dont really care about the result…:)
[12:48]   r m : lol
[12:49]   RK : RM thanks..will update my records
[12:49]   Sameer : ?
[12:50]   Tejpreet : Thanks RM sbin has a good weightage , surprised.
[12:50]   r m : @RK, better to keep the link, in these kind of volatile markets weightage will change rapidly with sectoral rotation
[12:51]   r m : Deepak Parekh owns 12% of Nifty 😀
[12:51]   RK : Yeah saved RM
[12:51]   r m : sorry, 8%, i just upped his stake 🙂
[12:51]   Ashish : greens in 30 minutes
[12:52]   RK : Dr was 6% once and <1% now..
[12:52]   Uttam : yep Ashish
[12:52]   r m : yeah, like a casino here 🙂
[12:52]   Tejpreet : How often is the weightage changed ?
[12:52]   Uttam : lets see how it reacts @ VWAP
[12:53]   r m : spot seems to have fallen in love with 7300, hope it is jilted by the lover 🙂
[12:53]   Uttam : by the way close below 7280 spot today will mean we are in official bear market 😉
[12:54]   r m : @Tejpreet, that will change with market captialization every day i think
[12:54]   Uttam : sorry guess 7295 is enough 😉
[12:54]   Tejpreet : Ok will keep the link handy !
[12:55]   r m : @Uttam, 20% criteria for bear market?
[12:55]   Janak : shai bnf can do a day low atleast today?
[12:56]   Shai : BNF waiting for it to move below 14820
[12:56]   Shai : required fpr a bigger fall
[12:56]   Uttam : yep RM
[12:56]   Vikkas : ping pong between IBL and vwap ..very frsuutrating since mrng
[12:57]   Uttam : yes Shai seems BNF is holding the fall but guess it is only till Axis results are out, even if they are good guess we will all fall
[12:57]   Kathir : Hi All friends 🙂
[12:57]   r m : Hi Kathir 🙂
[12:57]   RK : we were talking about 15320 resistance yday afternoon and talking about 14820 now..insane..isn’t it?
[12:57]   Vikkas : haha yes RK
[12:58]   r m : @RK, traders adjust very fast to new things 🙂
[12:58]   Uttam : oh yes else we will get adjusted out of market 😉
[12:58]   RK : Yeah me find it difficult to digest Man with some prices am looking at terminal..Shai will agree with Rel cap 🙂
[12:58]   r m : Guess we should have chamaleon as our avtar 🙂
[12:58]   Uttam : buyers on 30 mins getting neutralised
[12:59]   Uttam : 3rd attempt may be to break IBL
[12:59]   RK : E,I,J doing savasan there..what now?
[13:00]   Sandip : uttam well break it dont worry
[13:00]   Uttam : BNF is the key now
[13:01]   Kathir : @RM whats MO now
[13:01]   r m : MO wnet thru earth core and exited in Washington 🙂
[13:02]   Sandip : hahah lol rm
[13:02]   Kathir : lol
[13:02]   Uttam : 🙂
[13:02]   RK : Hi Kathir ..Pongal just over ? 🙂
[13:03]   r m : @Kathir, MO -108
[13:03]   Kathir : yes RK 🙂 i
[13:03]   Kathir : thanks RM
[13:03]   r m : -73, -103, -128, -85, -108
[13:04]   Kathir : RK this is bear pongal :
[13:04]   r m : as Shai pointed out the other day we are in for a long haul 🙂
[13:04]   Kathir : @RM MO 128 record ?
[13:04]   Kathir : -128
[13:05]   r m : no sir, we have -160 and + 177 too 🙂
[13:05]   r m : you want’t to create a new record this time? 😀
[13:06]   r m : (*** Private to RK ) http://screencast.com/t/7Y4P9EYH9H trick is to look for yearly chart only for such stocks 😀
[13:06]   Kathir : may be -200
[13:06]   Sandip : Rm, Rk in such a scenario, what does profit booking at the lows signify?
[13:07]   Sandip : weakness or just stoplosses being hit?
[13:08]   Janak : talks of crude going down to 5$ 🙂
[13:08]   Janak : petrol shd be available then in 20/-
[13:09]   Kathir : Janak even @ 5 you will try to sell na
[13:09]   Shanmugasubramanian : crude buy one get one free
[13:09]   Sameer : Why Putin would be thinking ?
[13:10]   Sameer : To kill all short sellers in Crude ?
[13:10]   Sameer : What**
[13:10]   r m : @Sandir, humorously speaking, bears got tired of profits and exited 🙂
[13:11]   Sameer : RK, Shai…are u holding holding hort positions or waiting for 7285 break?
[13:11]   Sandip : lol
[13:11]   Janak : kathir i will sell anything under the sky – 5$ or 5M$ ;
[13:11]   r m : @Janak, when will your turn into a crude bull? 🙂
[13:12]   Janak : when crude will hit -5000 ;
[13:12]   Sameer : Reliance – Falling Crude Prices + Jio Launch…Ambani ke Grah-Taare bohot ache chal rahe hai
[13:12]   Janak : i think one fine day – crude will have a gap up of 1000 pts 🙂 leaving all th emkts suspended for a week ;
[13:14]   Sandip : only azeem premji can do that kind of stuff janak !
[13:15]   Sameer : I think it will be Reliance which will bring life time high on Nifty
[13:17]   Janak : sandip – the biggest money now to be made is in crude – big players can take it up by 1000 pts in a day and no one will utter a word
[13:20]   Sandip : interesting…
[13:22]   Sandip : janak- trading in crude is moreprofitable tha nf and bnf??
[13:25]   Shai : europe
[13:25]   Uttam : finally IBL breaks in NF but BNF still holding
[13:25]   Vikkas : yes finally
[13:25]   Uttam : europe abt to open right?
[13:26]   Vikkas : 4 mins
[13:26]   Janak : 865-820 – thodi haath safai done rm saab
[13:26]   Vikkas : dax futu -186
[13:26]   Uttam : bit buyer in NF
[13:28]   Uttam : sorry big
[13:31]   Uttam : BNF is where the game is now, once it breaks IBL guess we will fall fast
[13:31]   Uttam : axis results out
[13:33]   Sameer : ?
[13:34]   Sandip : lol again profit booking followed by short covering at lows…..looks like a bounce till vwap will answer questions better
[13:34]   Sameer : u mean immatured bears ?
[13:35]   Vikkas : 119925 is trying to lift
[13:36]   Sandip : yea
[13:36]   Vikkas : will he be successful
[13:36]   Sameer : How is Europe opening…Google finance shoes 15 minute delayed data Aur 15 minute mein kuch bhi ho sakta hai 🙂
[13:36]   Sandip : his success is at vwap …thats it…:)
[13:36]   Uttam : more than 2% down dax
[13:37]   Sandip : yea ll -2% atleast
[13:37]   Sameer : Thanks @Uttam where we can see latest Europe prices ?
[13:37]   Vikkas : but looking at all that we opened gap down ..didnt we …so any recovery there will also help in getting abv vwap to re-short 😉
[13:38]   Uttam : investing.com
[13:39]   Sandip : yeap vikas
[13:40]   Sandip : Shai, in such days is vwap test required?
[13:41]   Sandip : after break of IBL
[13:41]   Shai : vwap test comes if sellers don’t show on first break of IB
[13:41]   Shai : there are n new sellers under that IBL in NF yet
[13:42]   Shai : and some 1 buying bnf around 14820
[13:42]   Sandip : thx shai 🙂
[13:43]   Uttam : yep bnf unable to sustain beloe 14820
[13:43]   RK : someone buying both seems Shai..showing good support since morning whenever going down below 7290
[13:43]   Uttam : but reds building up in bnf & nf on 30 mins
[13:43]   Sandeep : we are in bnf positional short right?
[13:44]   Janak : shai bnf intra tgts 760-780?
[13:44]   Janak : 1st aims i mean
[13:49]   r m : @Janak, weekly levels have 14470 spot below 14870
[13:49]   Janak : ok sir
[13:49]   r m : but spot already down by more than 400 points today
[13:51]   Porus : Janak, Shai had mentnd 14706
[13:53]   Shai : yes 14706 intra
[13:53]   Shai : that green buildup if it goes away from 14820 should give 100 down
[13:54]   Uttam : 28110 green that is Shai?
[13:54]   RK : NF greens given up
[13:54]   RK : Uttam check daily
[13:54]   RK : many greens
[13:54]   Shai : yes and some more from 10 am this morning
[13:55]   Uttam : thanks RK was watching only the 30 min & 5 min
[13:55]   Uttam : if that green turns white it confirms bears taking over?
[13:56]   Uttam : sellers piling on in BNF now
[13:56]   RK : something bigger is gonna happen with such red at lows in NF
[13:56]   RK : 1.5 L in daily at lows
[13:56]   Uttam : yep RK
[13:57]   Shai : there was an earlier green 1.19 1.20 pm- may be he is gone
[13:57]   RK : oh yes
[13:57]   RK : who was below IBL
[13:57]   Sameer : @RK…U mean bigger on downside ?
[13:57]   RK : Sameer honestly dont know
[13:58]   Shai : yes now headed lower as we see reds below IBL
[13:58]   Shai : 7260 was tgt2 but ca hold for 7242
[14:01]   Uttam : BNF IBL break yet to happen
[14:02]   Uttam : done 🙂
[14:02]   Shai : 14756
[14:02]   Shai : still a green there
[14:03]   RK : they grabbing with both hands
[14:03]   RK : esp in BNF
[14:03]   Sameer : are we in process of making significant botton for year
[14:03]   Ashish : too much greens here
[14:03]   RK : FII taking bets off the table may be 🙂
[14:04]   Sameer : ?
[14:04]   RK : when you see such greens and still grind lower means Big boys taking profits
[14:04]   Sameer : profit in shorts…right?
[14:04]   Uttam : they ought to also RK? they have been piling them up
[14:04]   Shai : NF at tgt 2 7260 – Book the intra trade fully
[14:05]   Jitender : tx
[14:06]   Sandip : lol 67 k buyers at bnf
[14:07]   RK : 7256 was my order and some emotional fella put a gate just before my order with his 35k sell order 🙂
[14:07]   Sandip : and bnf heavy oversold
[14:09]   Sandip : Rk Happy now ?
[14:09]   Sandip : 🙂
[14:10]   RK : no I squarred at 7862 🙂
[14:11]   RK : oops 7262
[14:11]   Janak : gold is shooting up like anything
[14:15]   Vikkas : kya yaar janak only 1% up in gold
[14:15]   Vikkas : aur lekar jaao 😀
[14:20]   Janak : 300 pts up from yday close in just 4 hrs is a lot in gold man
[14:20]   Janak : evening is when bigger players will coe
[14:21]   Nandesh : shai can we buy 7500 ce
[14:21]   Vikkas : was just kidding janak 🙂
[14:21]   Viral : yes janak but weak inr has pushed it higher
[14:23]   Nandesh : can we buy 7500 ce
[14:23]   Shai : not recommending a CE and 7500 ce is being written and too far away will lose value even on a rise a
[14:23]   Shai : we may finish at lows
[14:23]   Vikkas : RM dada whats the MO as of now
[14:24]   Shai : days like ths 1 shakeout expected
[14:24]   r m : MO -110
[14:25]   Uttam : shakeout could be anytime now Shai?
[14:25]   Rahul P : so shai, you expeting the buyer from 7245 to hold for sometime ?
[14:25]   Janak : shai a bounce can cross 850 in bn?
[14:25]   Shai : 850 big res now
[14:26]   Shai : yes 2.40 period
[14:28]   Jitender : No DD profile today…only E:)
[14:31]   Jitender : vix 21.5
[14:33]   Sameer null : hi
[14:33]   Sameer null : i
[14:34]   Shai : es at a point roughly 1830- 1832 where it can stage a bounce
[14:35]   RK : Fut is trading exactly there
[14:35]   RK : 1831 is low
[14:35]   Sandip : shai if we need to end at lows today could we test IBL again….and then hit lows?
[14:36]   Shai : high risk play is long 7300 ce at 63 one part now and one part near 3.20 for 81 and 103 with sl of 35 for open tom
[14:36]   Sandip : yaaaay i have a 7300 ce already at 61 :)))
[14:37]   Shai : higher risk cos buyers have not showed up anywhere on the globe yet and it is anticpatory view
[14:37]   Janak : so u expect a gap up shai?
[14:37]   Janak : maybe they will close with a spike up for a gap down to?
[14:37]   Shai : roughly banaking on 7260 F and 1832 ES F giving a msall bounce
[14:37]   Janak : ok
[14:37]   Shai : but 1832 will work overnight than the 7260 F here
[14:37]   Sandip : wats ES?
[14:38]   RK : Shai where is dPOC?
[14:38]   Shai : 7317
[14:38]   RK : Sandip U.S
[14:38]   RK : thanks
[14:38]   Rahul P : vwap ?
[14:38]   Sandip : oh k
[14:38]   Porus : 7245
[14:39]   RK : Shai printed his 7242 🙂
[14:41]   Shai : :)4
[14:41]   Sameer null : sabko aati nahi meri jaatj nahi…bought few ce(heropanti)
[14:41]   Shai : no sign of Buyers man – where are they?
[14:42]   Sandip : wat about that 118650 at 7247 shai
[14:42]   RK : DII emptied their boxes 🙂
[14:42]   Sandip : ur ignoring that poor buyer 🙂
[14:43]   Jitender : vix 21.95
[14:43]   Tejpreet : This vix will
[14:44]   Tejpreet : kill all OTM calls !
[14:44]   Jitender : at 7955 price being same…saw 7100 pe go from 39 to 41
[14:47]   RK : Shai if we have spike down close and open with gap up will be considered excess?
[14:47]   Shai : No
[14:47]   Shai : has to stay abv on gap up all day
[14:49]   Rahul P : shai, any positional shorts entry again ??
[14:49]   RK : Yes thats what I mean..say we close at 7210 and open at 7245 and held 7245 till close.that 7210-7245 would be excess?
[14:49]   Shai : No Rahul
[14:49]   Rahul P : since we are below your ref number ??
[14:50]   Uttam : excess is better when out of range Shai?
[14:50]   Sameer null : shai…can wr exoect gap diwn tommorow which might be long term bottom…?
[14:50]   Shai : we have to protect that short existing with a CE for tomorrow but see this finish at week lows on friday
[14:50]   Tejpreet : And then from lows next week a walk in the park with the bears 🙂
[14:51]   Janak : 700 in bnf left untouched
[14:51]   Sandeep : alerto giving only part bookings still…no full bookings….running out of short positions here 🙂
[14:51]   Janak : i thought they will break it atleast once
[14:51]   Shai : Hedge positional short in NF with a 7300 ce at 60- 61 . exit if you see 82 in it and sl of 36 for tomorrw
[14:52]   Vikkas : no shorts but do u suggest getting only into 7300ce shai
[14:52]   Uttam : Shai I exited the NF shorts @ 7322 & 7241 & holding just a 7200 PE @ 41 so no need for the hedge?
[14:52]   Shai : should bounce once Vikkas and playing with a CE is better
[14:53]   Vikkas : ok thanx shai 🙂
[14:53]   Shai : ok Uttam – that ‘s a good 1
[14:53]   Uttam : any hedge for the BNF short Shai?
[14:53]   Shai : not in BNF
[14:53]   Uttam : thanks Shai 🙂
[14:54]   Uttam : looks like your shareout coming 10 mins late 😉
[14:54]   Uttam : *shakeout
[14:55]   Jitender : but it did cum..Good one Shai!!
[14:55]   Ashish : Is it me who is without charts or all?
[14:55]   Sandip : hell be back
[14:56]   r m : IBL
[14:57]   Sandip : i got outta my call
[14:57]   Uttam : no trades between 7260 to 7270>
[14:57]   Uttam : ?
[14:57]   Jitender : mayb he is on line with Mauritius fr this bouce:)
[14:58]   Jitender : 50 pt bouce in couple of min
[14:59]   Sandip : that was alittle too obvious guys…short covering had to happenn…with people buying 1.2 and 1 lac quantity at lows……?
[14:59]   r m : vwap
[15:00]   Shai : this looks like LIC?
[15:00]   Shai : sharp like 7430 of last week
[15:00]   Uttam : sustained buying
[15:00]   Uttam : do we exit the BNF shorts?
[15:00]   Sameer null : and heropanti pays off with 20 pts in 7300ce 🙂
[15:00]   Sandip : ess 🙂
[15:00]   Uttam : but we do have a poor low there
[15:01]   RK : exactly I was thinking Shai..some one spraying hands allover keyboards 🙂
[15:01]   Sameer null : what a bottom calk by shai…tohfa kabool karo
[15:02]   Sandip : be carefull shai…sameer has his pants down 😛
[15:02]   Vikkas : rm can u chk L&T futures in trudata…showing a high of 1123 just now
[15:02]   r m : sure
[15:02]   Vikkas : and also whats MO ?
[15:05]   Shanmugasubramanian : 7300 ce @ 82exit ? @ shai
[15:05]   Shai : no hold it overnight
[15:05]   Shai : we need it
[15:05]   Shanmugasubramanian : k. tnx
[15:05]   Sameer null : closed lo g
[15:05]   Uttam : BNF also will be a hold Shai?
[15:05]   Shai : was expecting this move at open om- but let’s see what she dows here tom
[15:05]   Shai : BNF hold
[15:06]   Uttam : hmmm yes Shai, thanks
[15:06]   r m : @Vikkas, LT F http://screencast.com/t/gz0ZBySfzAio
[15:07]   Vikkas : weird my data is showing a high of 1124.75
[15:08]   r m : MO -109
[15:09]   Vikkas : thanx
[15:09]   Jitender : Shai…u think bottom for tis series made today
[15:09]   r m : welcome
[15:09]   r m : LT high is 1122 in NEST too
[15:10]   Shai : No Jitender it’s not convincing
[15:10]   r m : Jan F
[15:10]   Jitender : k..tx
[15:11]   Uttam : we have a poor low in fact
[15:11]   Porus : Cold this be Rajan selling dollars?
[15:12]   Vikkas : cud be porus a sharp fall in usdinr
[15:12]   Vikkas : 68.2350 to 68.08
[15:12]   RK : its moving up to take cushion of any gap down tmw..
[15:12]   Vikkas : agreed rk
[15:12]   Sandip : got into a bnf pe…..will average tommorrow only when i see weakness again in markets 🙂
[15:13]   Vikkas : but unlike other days when we have witnessed like this we have seen sellers ..today where are the sellers in this rise
[15:13]   RK : those who have been selling are buying Vikkas..so the rise 🙂
[15:13]   Shai : spx bounces from 1830 also 🙂
[15:13]   Jitender : pls lower the 5min chart
[15:14]   Sandip : vikas all players need not be agressive…….maybe theyre booking profits slowly in the rise.
[15:14]   Vikkas : bloody i quared of my shorts at the right time but didnt take any longs and a rise of almost 90 points from the lows ..damnn
[15:14]   Shai : just that theory that eveything is controlled by 1 big machince verywhere 🙂
[15:14]   RK : :))
[15:14]   Sandip : 🙂
[15:15]   Jitender : tx
[15:15]   RK : Shai, Can’t believe you asked to sell after such gap down and asked to book before a rise :)..Kudos!
[15:16]   Uttam : +1
[15:16]   Vikkas : shai did 45 degree play out today ?
[15:16]   Shai : in BNF yes
[15:16]   Shai : not in NF
[15:16]   Vikkas : ok thanx shai
[15:17]   Vikkas : its left a poor low in bnf
[15:17]   Shai : + 1RK 🙂
[15:21]   Shai : Buy a BN 15000 ce at 195 as a BTST . will update SL and tgt tom . 1 : 1 ratio for the BN short play
[15:22]   Rahul P : shai, shall I take a fresh NF short here ???
[15:22]   Rahul P : since mrinig excess holding
[15:22]   Shai : can sl is still 7390
[15:22]   Rahul P : cheers
[15:23]   Shai : fairly decent bounce in BN till the edge of the singles- shuld resume down with 14985 ref
[15:24]   Shai : we will exit the ce if it drops below 14850 tom
[15:24]   Sandip : brilliant stuff Shai…learnt a looooot today…made some profit as well :))
[15:24]   Porus : shai, what does 14985 ref mean?
[15:25]   r m : @Sandip, I misread that as “learned to loot” 🙂
[15:25]   Sandip : heheheh lol
[15:25]   Janak : shai safe to carry BNF Short / 14900pe?
[15:25]   Shai : + 1 Sandip
[15:25]   Chandramouli : great stuf Shai
[15:25]   Shai : Provisional SL for open tom Porus
[15:25]   Porus : Is that 14985 top of singles?
[15:26]   Shai : Yes Janak
[15:26]   Vikkas : is axis result out
[15:26]   Janak : thnx
[15:26]   Shai : singles are at 15030 but 14985 F was the low of the Monday/ tuesday profile
[15:26]   Shai : not sure which day but we bounced higher from there once
[15:26]   Jitender : No Vikkas
[15:26]   Porus : ok
[15:27]   Vikkas : thanx jitender
[15:28]   Jitender : wc
[15:28]   Jitender : Shai…we need to fig out were u went for vacation man!!
[15:28]   Jitender : Super call today….
[15:28]   r m : lol
[15:28]   Shai : Haha
[15:28]   Shai : thx
[15:29]   Sandeep : remember the sell below 7910 call on 4th…no looking back after that 😛
[15:29]   Uttam : poc shifting upside Shai?
[15:29]   r m : Next christmas we’ll lock the room and join Shai on his vacation 🙂
[15:29]   Jitender : 🙂
[15:29]   Shai : lol
[15:30]   Shai : No POC was here ar 7317 only- did not shift down
[15:30]   Shai : Bye all
[15:30]   Vikkas : bye all ..happy evening
[15:30]   Shai : Have a nice evening
[15:30]   Porus : bye all
[15:30]   Jitender : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Suresh : bye all
[15:30]   Sandeep : bye all….
[15:30]   Sameer null : bye all
[15:30]   Tejpreet : Bye all
[15:30]   Sandip : bye guys thanks all
[15:30]   Uttam : oh no wonder we had a pull back
[15:30]   Viral : great call
[15:30]   Uttam : bye all have a nice evening 🙂
[15:30]   Viral : bye
[15:31]   Shanmugasubramanian : bye all
[15:31]   Chandramouli : Bye all

[09:37]   Chandramouli : Shail levels for USDINR?
[09:45]   Chandramouli : got logged out.. can anyone repost if Shai replied to USDINR query
[09:48]   r m : not so far
[09:49]   Chandramouli : thanks rm
[09:49]   r m : welcome
[09:49]   Shai : 68.06 res – abv that move is to 68.28/ 68.39 . 67.79 positional supp now
[09:50]   Shai : larger view of usdinr is there on the blog check last saturday
[09:51]   Chandramouli : thanks Shai!
[09:54]   r m : Results today – Axisbank, ultracemco
[09:55]   Vikkas : thanx rm
[09:56]   r m : Results tomorrow – Biocon, Exide, Hindzinc, Idea, M&M Fin, Relcapital
[09:56]   r m : @Vikkas, welcome
[10:14]   RK : Shai Asian we are in that seller’s zone..can you confirm if he is showing his sign again?
[10:15]   RK : we are geting high vol bar of the day here in Asian
[10:18]   Shai : asian greens entring abv 841 – can hit 863-66 first
[10:18]   RK : thanks
[10:19]   Vikkas : shai what was yesterday VAH in asian if u cud say
[10:20]   Shai : 848
[10:20]   Vikkas : thanx
[10:26]   RK : falling crude prices may boost Asian paints
[10:26]   RK : but wondering why BPCL also moving up? 🙂
[10:27]   Porus : Wont falling curde price increase BPCL’s margins?
[10:29]   RK : Porus with new revised price fixing by OMCs, it may help..coz these guys not cutting down selling price though purchase is cheaper
[10:29]   RK : but in general OMCs have negative correlation with Crude prices..it did work until recently but in last 6 months or so its not moving in such way
[10:32]   r m : @RK, OMCs are constantly cutting selling price, GOI is proportionately increasing excise so cut is not evident to consumer
[10:33]   Porus : RM, those cus are announced. So conumer is aware, tho nothig falls into his pocket.
[10:33]   r m : yep
[10:33]   RK : RM agree..but still finding it hard to understand their price discovery..have read a article which explaing the proportion of cut made by OMCs which is not at all matching with declining purchase cost..
[10:34]   RK : but am with OMCs as they have eaten enormous loss for many years
[10:34]   r m : USD RK, it is climbing steeply so you have to take that also in account
[10:34]   Porus : RK, it is highly disproportionate
[10:34]   Porus : And opaque
[10:34]   RK : Yes that’s also a factor
[10:35]   r m : also OMC have to take care of their capital costs, they all need to upgrade their refineries for new less polluting fuel meeting Euro 6 standards
[10:35]   RK : exactly..that’s why I support OMCs..I know how hard it is to running a loss making company without losing its competency 🙂
[10:37]   r m : 🙂
[10:37]   r m : they have enormous potential, huge assets which have enormous replacement costs
[10:38]   r m : plus a very fast growing market 🙂
[10:38]   Vikkas : got disconnected and lost the enitre convo of bpcl and asian 🙁
[10:38]   RK : Yes..but all are kind of dead assets and cannot generate revenue for you ..
[10:38]   RK : Vikkas nothing imp..its just about crude oil price with BPCL..
[10:39]   Vikkas : ohh..ok thanx Rk for the update 🙂
[10:43]   RK : Asian someone in a game for big ride..watch out
[10:59]   RK : anyone riding Hero? what are the levels? cant access sheet
[11:01]   Vikkas : “(14:20) Shai :hero good rise fom the lows – objective of the volume is 2462 and supp is 2385 now(14:20) Shai :buying abv 2463 is better than here”
[11:01]   RK : thanks Vikkas
[11:02]   Vikkas : no worries doc 🙂
[11:02]   RK : it will intresting if it sustains above 2500-10
[11:02]   Vikkas : yes
[11:02]   RK : first decent recovery
[11:02]   Vikkas : finally something toh is showing some recovrery
[11:02]   RK : rest all stocks burried deep in the hole
[11:03]   Vikkas : yup
[11:15]   RK : Shai TTM looks good to short here..any levels down the line?
[11:33]   Shai : yes ttm set for 330.8 and 326 sl abv 351
[11:36]   RK : thanks
[11:39]   Vikkas : thanx rk and shai for ttm
[11:52]   Gaurav : Shai ACC looking to go down to 1160 levels?
[11:53]   Shai : acc conf is a close below 1202 for fresh sellers to enter then can gie 1183/ 1174
[11:53]   Gaurav : Thanks Shai
[11:53]   Porus : RK, BPCL falling some now
[11:55]   RK : Porus..yes..it should move below 870 kind else it will rotate back to 900-920
[13:01]   Viral : shai, any levels on auropharma?
[13:01]   Viral : looking weaK…
[13:05]   Gaurav : Shai Apollo hospitals looking for 1470+?
[13:21]   Shai : auro watch 797 on closing basis- is weaker if stays below for 779-774
[13:21]   Viral : thanks ..
[13:23]   Shai : apollo good move yesterdat and close abv 1411 was good but want to see it stay abv 1411 for 1460 and 1483 sl of 1390 for these new longs
[13:23]   Gaurav : Thank You
[13:24]   Viral : bharat forge still looking weak, shai ?
[13:38]   Viral : ultratech going up on good volumes…
[13:38]   Viral : decent result … i guess
[13:41]   RK : Viral give a skip if you decide to trade Ultracem on result day..
[13:41]   RK : highly volatile on result day and next day
[13:42]   Viral : ok thanks
[13:56]   Shai : yes bforge tgting 740 is still weak as long as under 775
[13:58]   Viral : thanks shai 😉
[14:45]   RK : Maruti beaten poorly
[15:01]   Tejpreet : Shai views on Bhel .
[15:04]   Shai : bhel abv 142 can do 148 sl 140
[15:04]   Tejpreet : Thanks Shai