OrderFlow charts and Notes 03/02/16

[09:18]   Hari : @Shai, ACC SL hit
[09:19]   Hari : providing you feedback as you asked, bought ACC at 1270
[09:20]   Gaurav : Shai BOB booked with 3 points profits.
[09:25]   Shai : Thanks Hari
[09:25]   Shai : + Gaurav
[09:26]   RK : Ashish seems we got only the cream in LIC 🙂
[09:26]   RK : entire cake is under offer now
[09:29]   Sandesh :Shai..
[09:29]   Sandesh : gm. Ambuja opened below SL! Am holding! can add?
[09:32]   Shai : follw the 15 mn rule always for positional esp at gap opens. If price below sl after 15 min at open then exit
[09:38]   Sandesh : thank you Shai.. learnt one more thing today!
[09:39]   Shai : +1
[09:41]   RK : (09:40) RK :even that low of Acc has potential to stay for entire day
[09:45]   Gaurav : Shai is Tata Motors a short for 310?
[10:02]   Gaurav : And please have a look at Voltas too if can be added long. Thanks
[10:10]   Uttam : Yes Shai levels for TaMo please
[10:15]   Shai : acc needs to come abv 1255 for strength
[10:16]   Shai : ttm short small qty onlt but below 321.5 with sl of 324 for 316 today and 312 if you hold
[10:17]   Uttam : but positionally TataMotors looking weak now Shai? 350CE for feb can be shorted?
[10:18]   Shai : Voltas 264 is a good supp on clsoing basis and can add longs as long as we are abv it . Can do 50% here and balance abv 284 also closing basis
[10:21]   Gaurav : Thanks Shai
[10:23]   Uttam : Shai, but positionally TataMotors looking weak now Shai? 350CE for feb can be shorted?
[10:27]   Shai : 310 is the positional supp – yes 350 looks safe short but review early next week
[10:27]   Viral : bob 117.25
[10:27]   Shai : this is not a mkt where you wait for babies to become adults 🙂
[10:27]   Shai : take what you get 🙂
[10:27]   Jitender : 🙂
[10:34]   Viral : any new levels for tata steel
[10:34]   Viral : to short?
[10:42]   Shai : tata steel sell trade is getting crowded- still weak thoigh and will reamin below 237 – supp at 222 today
[10:42]   Shai : feel waiting for a pullback in tatasteel to short is better
[10:42]   Viral : thanks shai 🙂
[10:42]   Viral : makes sesne
[10:42]   Viral : *sense
[10:43]   Viral : bob target achieved 🙂
[10:44]   Vikkas : shai can heromoto be shorted here ?
[10:51]   Jay : shai can u pls share tata motors level pls
[10:52]   Tejpreet : (10:16) Shai :ttm short small qty onlt but below 321.5 with sl of 324 for 316 today and 312 if you hold
[10:53]   Jay : thks tejpreet
[10:54]   Tejpreet : welcome
[11:14]   Jay : shai – bata level pls
[11:23]   Jay : shai bata level pls
[11:31]   Shai : bata 450 is a positional supp closing basis intra day res at 459 = a move abv 465 can force shortcovering to 490 again
[12:18]   RK : Shai HDFC good short here?
[12:19]   Kathir : @RK seems you guys killed tatasteel ?:)
[12:20]   RK : I washed my hands at 240..dont know who is babysitting 🙂
[12:20]   Vikkas : @RK dont u feel once shud wait for 1160 to brk or short ard 1170 with days high as stop
[12:20]   RK : lot size 2000..so 10 from entry is jackpot 🙂
[12:20]   Kathir : ok RK
[12:20]   Vikkas : test
[12:21]   Kathir : 12:18 RK : Shai HDFC good short here?
[12:21]   Kathir : oh thats great RK congrats
[12:21]   RK : Vikkas yes doubt in mind hence checking with Shai
[12:22]   Vikkas : arre sir that i know ..but why discuss only when in doubt ..discuss more often ..Vtrender is small cartel where we decide what to short or go long 😉
[12:23]   Jay : BTW Bata making high
[12:24]   RK : Vikkas dont want to trouble Shai for every trade..when in doubt, ask Master..queries are flooding now a days and he need 10 assistants 🙂
[12:27]   Shai : missed that hdfc
[12:27]   Sandesh : Shai.. veiw on PNB pls. Positional!
[12:27]   Vikkas : +1 RK agreed
[12:28]   Shai : hdfc 1160 a positional supp – intra short was right at 1171 but next move only below 1160 and can give 1148/1142
[12:28]   Vikkas : thanx shai
[12:28]   RK : thanks
[12:29]   Shai : pnb weakness below 88.5 positianl cans ee 86.2 and 84.7
[12:29]   Shai : 88.5 closing basis sl
[12:38]   Sandesh : thank you
[12:39]   RK : ACC!!
[12:39]   Tejpreet : Yes RK did not break the low like you told in morning !
[12:40]   RK : more power above 1270-75
[12:41]   RK : I can see same pattern in Many stocks
[12:41]   RK : TCS, Hero,Ultracem
[12:53]   Jay : shai grasim level pls
[12:59]   Vikkas : shai can tcs be shorted here ?
[13:00]   Shai : grasim a little weakness coming below 3440 but still some intra supp at 3408. if stays below 3440 by close can do 3327
[13:01]   Shai : tcs so far no sign of big weakness- review near close to short postn sl of 2430 which is supply
[13:13]   Vikkas : can anyone chk the volumes right now happening in ycs
[13:13]   Vikkas : tcs
[13:13]   Vikkas : and the price hasnt moved a bit
[13:16]   r m : looks like wants to jump up http://screencast.com/t/3ngqynZ5BaE1
[13:17]   Vikkas : thanx RM
[13:17]   Sandesh : Shai…if PNB moves above 88.50, how long need to be above that? for a long trade?
[13:19]   Shai : preferably 15 mins near close
[13:19]   Sandesh : ok
[13:19]   Sandesh : thank you
[14:00]   Viral : dish tv shai, reversed from
[14:00]   Jay : dish gone
[14:00]   Viral : huge volumes
[14:01]   Viral : was waiting to sell at ur level 87.5
[14:02]   Shai : vol is good 83.5 is imp closing basis
[14:03]   Viral : ok thanks
[14:09]   Sandesh : Shai.. Veiw on Cadila please
[14:14]   Shai : cadila moving to res at 321. Take new postionals only if closing abv 321
[14:14]   Shai : below 309 it again turns weak
[14:15]   Sandesh : appreciate, thank you!
[14:15]   RK : Shai Asian weakening here
[14:17]   Shai : still 862 is that old buyer and may come to supp
[14:18]   RK : oh yes..he pushed up..but we do have small excess..right?
[14:23]   Jay : Shai .. Grasim is going up .. way above 3340 now
[14:27]   Jay : Shai grasim just running
[14:29]   Jay : Grasim up 36 rs !!!
[14:29]   Shai : yes 894
[14:31]   Gaurav : Shai ACC heading 1320?
[14:32]   Jay : Gaurav looks like cement on run
[14:32]   Jay : Shai since grasim now way above 3440 pls share revised levels
[14:33]   Shai : acc has res at 1295-1301
[14:33]   Shai : managing 1255 again closing basis is positive acc
[14:34]   Shai : grasim 3453 intra day res- watch 3440 closing
[14:36]   Gaurav : Thanks Shai
[14:40]   Vikkas : shai view on L&T pls ?
[14:44]   Shai : LT looking to do 1125 here sl below 1103
[14:44]   Shai : watch 1125 for drive tom – up or down
[14:48]   Vikkas : thanx
[14:56]   Karthik : Shai, view on Yes Bank pls… 789 resistance area?
[14:59]   Jay : anyone shorted dish
[15:03]   Ashish : got 1 point in 30 seconds
[15:04]   Tejpreet : 1 in 30 seconds . Cheers Ashish !
[15:04]   Ashish : Shai, how do you see UBL. can buy it here for 870 levels
[15:04]   RK : Tej you spooked ACC 🙂
[15:04]   Ashish : Thanks Tej, it was very fast…my fastest trade ever
[15:05]   Tejpreet : Acc was not playing it today.
[15:07]   RK : if low goes today, then positionally it would be very weak..weird move today..
[15:07]   RK : can look for sub 1200 again
[15:09]   Hari : ACC is a short to me with SL 1310
[15:10]   Gaurav : Shai short ZEE Fut for 390?
[15:12]   RK : Hari almost yes..
[15:12]   Hari : Sell your house and sell everything, inorder to buy a bunglow, that is the kind of market this is
[15:13]   RK : lol
[15:13]   Shai : Yes Karthick that’s right 789 res in yes
[15:14]   Karthik : thanks Shai… can short here?
[15:14]   Shai : refer to stocksheet fo a quicker ref of old prices
[15:14]   Shai : yes can maintain sl and tgt 716 on the swing
[15:16]   Shai : ubl good rise from 786 met supply at 802- again dip to 786 can supp
[15:17]   Viral : shai, what bob
[15:17]   Shai : zee can give you 397 if you hold
[15:17]   Viral : we can sell with a stop of 120.4?
[15:17]   Shai : short strngth near 408 if you see
[15:18]   Shai : bob sl is 123 can give u 117 again tom
[15:18]   Viral : alright thanks 🙂
[15:19]   Karthik : thanks Shai
[15:21]   Ashish : Thanks Shai
[15:25]   Nandesh : levls for sbin
[15:29]   Sandesh : hi Shai
[15:29]   Sandesh : PNG closed above 89. Can hold the Longs?
[15:30]   Shai : sbin spoke abt 160 supp when at 177 – now next leg below 160 only
[15:30]   Shai : png?
[15:30]   Sandesh : PNB
[15:30]   Sandesh : Typo
[15:32]   Shai : yes pnb sl now 86
[15:33]   Shai : into tom only and needs one more closing abv 88 tgt now 93
[15:33]   Sandesh : thank you ! Have a great evening! Missed out on NF shorts as 1500 qty avg 7520 covered at 7515
[15:34]   Shai : yeah that probe back abv IBH put us off
[15:34]   Sandesh : typo again : s 7420 b 7415
[15:34]   Sandesh : never mind, there is a better tomorrow waiting for us!
[15:34]   Shai : anyway new day tom
[15:34]   Shai : 🙂
[15:34]   Sandesh : Cheers till then!

[08:46]   r m : Good Morning folks!
[08:46]   r m : http://vtrender.com/evening-report-trade-dated-02nd-feb/
[08:46]   r m : http://vtrender.com/orderflow-charts-and-notes-020216/
[08:46]   r m : Nifty FEB Future levels | KRA 7444 | Hypo1 above 7515➜7555➜7603 SL 7590 | Hypo2 below 7410➜7364➜7348 SL 7446
[08:47]   r m : Banknifty FEB Future levels | KRA 15174 | Hypo1 above 15420➜15555➜15784 SL 15240 | Hypo2 below 14960➜15805➜14795 SL 15035
[08:49]   Jitender : Gm Shai, Rm, folks:)
[08:50]   r m : Hi Jitender 🙂
[08:51]   Porus : Hi all
[08:51]   Porus : Hi RM
[08:51]   Deepak : Hi All
[08:52]   r m : Hi Porus
[08:54]   Porus : RM, is y’days transcript loaded on the site now?
[08:55]   r m : @Porus, no, not yet
[08:57]   Ashish : GM all
[08:58]   Shai : GM all
[08:59]   RK : GM Shai,RM and al
[08:59]   RK : all
[09:00]   RK : Shai, VA for both NF and BNF still at such high levels..VAL at 7518 and 15232..60 and 150 higher from lows respectively as these are volume based VA?..and pls add spike high/low numbers if possible in the report to refer later..
[09:02]   Shai : yes cos of th spike VA is higher since the auction remained incomplete at close
[09:02]   Shai : sure will do
[09:03]   r m : @RK, even TPO based will be high, lower levels very scantily populated both by TPO and volumes 🙂
[09:03]   RK : Thanks Shai and RM
[09:03]   Shai : yesterday’s chat transcripts are still missing- will update if we get both today evening. just fyi
[09:03]   RK : Shai spike high is 7505 or 7542?
[09:04]   Sandip : Hi rm shai rk all
[09:04]   Shai : 7542- 7448 spike
[09:04]   RK : thanks
[09:04]   Shai : 15260- 15056 spike
[09:04]   Deepak : So if one is short should we cover at open ?
[09:05]   r m : Hi Sandip
[09:06]   Vikkas : Gdmrng all
[09:06]   Vikkas : Hi RM & Shai
[09:06]   Ashish : USDINR towards 68.55, weekly ist target above 68.33
[09:06]   r m : Hi Vikkas
[09:07]   Karthik : gm all
[09:08]   Shai : yes gapped up usdinr- was 68.33 traded at open yesterday?
[09:08]   Ashish : No Shai, closed @ 68.26
[09:09]   Shai : open was?
[09:09]   Venkatesan : gm shai,rm adn 2 all
[09:09]   Ashish : 68.5
[09:10]   Ashish : today’s open
[09:10]   r m : Hi Venkatesan
[09:10]   Shai : yesterday’s I wanted – showing me a fake tick at 68.32 in my data
[09:10]   Ashish : 68.125
[09:11]   Shai : if we close abv 68.55 today there is an easy run to 69 of 45 points sl of 68.30
[09:11]   Shai : thanks Ashish
[09:11]   Ashish : Cool, got into longs yesterday.
[09:11]   Tejpreet : GM All.
[09:11]   Shai : I mean if we probe abv 68.55 then sl is 68.30 and is a carry if close abv 68.55 today
[09:12]   Ashish : Got it Shai, Thanks
[09:13]   Shai : Will look to add 7300 puts at the open today if IB is under 7450 F in parts
[09:14]   Shai : If 7300 breaks anytime on clsing basis this week am buying 6800 puts of March
[09:15]   Deepak : wow
[09:15]   Deepak : thats so much bearish view
[09:16]   Deepak : i have 7500PE from close yesterday
[09:16]   r m : @Deepak, you got keys to treasure 🙂
[09:17]   Deepak : oh, is it 🙂
[09:17]   Deepak : shall convert to 73/7400 PE as per Shai suggestion whenever he is ready
[09:18]   Shai : Positional BNF : booking call generated
[09:18]   Tina : Shai where do I see positional BNF call
[09:19]   Vikkas : slack
[09:19]   Sandeep : slack
[09:19]   Shai : positional channel : Slack
[09:19]   Tina : thanks
[09:20]   r m : @Tina, you can opt for slack notifications for that channel then the alerts will appear on your desktop or mobile as selected by you
[09:21]   Shai : Short NF 7390 and at 7405 in 2 parts tgt 7360 and 7348 – sl of 7444- Intra day
[09:21]   Tina : @rm thank you
[09:21]   r m : welcome 🙂
[09:21]   Janak : shai gap down!
[09:21]   Vipul : GM all
[09:22]   Arvind : GM all
[09:22]   Jigs : shai, plz update BNF
[09:23]   Shai : update given under announcemnets and slack- booking call
[09:23]   Shai : one part NF in in intra day
[09:24]   Jigs : got it
[09:25]   Sandeep : alerto is so good…until everyone books out BNF, its alerting 🙂
[09:25]   r m : lol
[09:25]   Jigs : 🙂
[09:26]   Shai : Don’t enter the second part in NF yet- wait for my signal
[09:26]   Sandeep : oops it got executed 🙁
[09:27]   Uttam : oh same here
[09:27]   Sandeep : remove second part shai?
[09:27]   Shai : yes
[09:28]   Shai : second part at 7410 don’t enter
[09:28]   John : Good morning Shai, RM and all
[09:28]   John : back to trading room after 4 months
[09:28]   RK : John from CBE?
[09:29]   John : yes
[09:29]   Shai : Wb John
[09:29]   RK : Hi Welcome back 🙂
[09:29]   John : Hi RK
[09:29]   John : Hi Shai
[09:30]   r m : Hi John 🙂
[09:30]   John : Hi rm 🙂
[09:31]   John : missed ur fun tweets 🙂
[09:31]   r m : lol
[09:32]   Jigs : shai, 80% trade is applicable in gap up/down?
[09:33]   Sandip : shai can you please increase font size of nf/bnf chart by one?
[09:33]   Jigs : i mean 80% rule
[09:34]   Venkatesan : shai 3IB rule apply today
[09:34]   Venkatesan : ?
[09:34]   Venkatesan : yesterday 7IB
[09:36]   Venkatesan : 3IB and FA 7606, long advisable sahi
[09:36]   Venkatesan : shai
[09:38]   Shai : weak below 7448 NF
[09:38]   Shai : 7410 is the ref line
[09:38]   Shai : may go up a bit if we climb abv 7410
[09:38]   Venkatesan : than kyou shai
[09:39]   Venkatesan : thankk you shai
[09:39]   r m : @Venkatesan, k is rebellious 🙂
[09:40]   Nandesh : @shai can pull back test 7448
[09:40]   RK : moving to 7448 in IB is not good for sellers after such open
[09:40]   Sandeep : yes not good..our SLs also there 🙂
[09:40]   Shai : OAOR so keeping a 50% position away from the table for now
[09:40]   RK : even that low of Acc has potential to stay for entire day
[09:41]   Shai : hence asked to keep that other 50% away
[09:41]   RK : that comment for stocks tab
[09:42]   Venkatesan : :)))))
[09:42]   Venkatesan : have issue with keyboard rm jii
[09:42]   Shai : positional : 7600 ce short at 44. Recommend part booking and moving sl to 72 on bal qty. stay for other tgs
[10:05]   Deepak : Shai, in your notes you had mentioned 7515 & 7440 as a big buyer zone
[10:06]   Deepak : 7515 has gone yesterday
[10:06]   Shai : BNf can run to 15070 here
[10:06]   Shai : looking stronger of the 2
[10:06]   Deepak : 7440 is a gap down, hows the view now
[10:06]   Deepak : okay
[10:06]   Vikkas : BNF is making a hammer on 60 mins
[10:11]   Shai : Deepak positional will be weak below 7448 F
[10:11]   Deepak : i have added 7300 PE to watchlist, waiting for you to suggest on it
[10:11]   Deepak : Booked the 7500 PE, carried it yesterday at close
[10:12]   Shai : Keep a BNF sell below 14890 sl of 14945 tgt 14834/ 14797
[10:13]   Shai : we are shorting BNF is vwap goes
[10:13]   Shai : some reds at 14985 are profits booked from open or new shorters
[10:20]   Shai : Positional : Buy 7300 pe at 84- 85 with sl below 65 closing basis tgt 148
[10:21]   Shai : following the plan : (09:13) Shai :Will look to add 7300 puts at the open today if IB is under 7450 F in parts
[10:22]   Jitender : =
[10:22]   Jitender : +1
[10:22]   Sandeep : shai, add in parts or full position here?
[10:22]   Deepak : full qty Shai for PE ?
[10:23]   Shai : yes it’s a full qty trade but you can do in parts all morning as it is an OAOR
[10:23]   Deepak : okay
[10:23]   Deepak : thanks
[10:30]   Deepak : Shai, i have 1 question
[10:30]   Deepak : Can’t this chat be integrated in SLACK
[10:31]   RK : Shai March straddles of 7400/7500/7600 all around 420..prudent to go for them Shai?
[10:32]   Jitender : RK..u r counting on increasing vix
[10:34]   RK : Jitender am counting on Shai who is looking at sub 7k now :0
[10:35]   Jitender : 🙂
[10:35]   RK : Yes Vix too
[10:36]   Jitender : 10:27 Shai : this is not a mkt where you wait for babies to become adults 🙂
[10:36]   Jitender : grt comment
[10:36]   Sandeep : bnf below vwap
[10:37]   Shai : RK will check all individually
[10:38]   RK : thanks Shai
[10:38]   Shai : hopefully this weekend will be able to plot straddle charts also- need of the hour
[10:38]   RK : yes
[10:38]   Jitender : +1
[10:38]   Vikkas : super shai
[10:38]   RK : seems less sweating over there to make money rather than naked positions..
[10:38]   Jitender : Shai…get into pms thru hedged options
[10:38]   Vikkas : love all the changes that u r making and working towards ..
[10:38]   Sandip : call writing….dominating…
[10:38]   Jitender : will b yr first cust
[10:39]   Shai : BNF in
[10:39]   Shai : Haha Jitender- hands full already 🙂
[10:39]   Jitender : 🙂
[10:39]   Deepak : Really Shai
[10:40]   Deepak : you will have more clarity about positions.
[10:40]   Deepak : If everyone has exited or not that remains a issue i guess
[10:40]   RK : Shai no PMS pls..height of pain..right?
[10:40]   RK : 🙂
[10:41]   r m : 🙂
[10:41]   Sandeep : PMS?
[10:41]   Viral : haha 🙂
[10:42]   RK : portfolio management
[10:42]   r m : (*** Private to Jitender ) http://screencast.com/t/efE7VZAoThK
[10:42]   Sandeep : oops 🙂
[10:42]   r m : (*** Private to Jitender ) http://screencast.com/t/efE7VZAoThK
[10:43]   r m : (*** Private to Jitender ) slack just not accepting files hence posted here 🙂
[10:43]   Jitender : thanks Rm
[10:44]   r m : welcome Jitender, today slack just refusing to stay open on my pc, both web and app are getting repeatedly disconnected 🙁
[10:45]   Jitender : 🙁
[10:46]   Ashish : Shai, big volumes @ lows
[10:46]   Ashish : big seller
[10:47]   Ashish : 127276 reds is the key now
[10:47]   Prudhvi : that reds of 1.2l seller at low.did he sell? or waiting to sell?
[10:47]   Sandip : prudhvi, that happens when some one profit books at a loss i guess
[10:48]   Sandip : or books loss rather
[10:48]   RK : single seller
[10:48]   r m : @Prudhvi, these are executed trades at ask/bid
[10:48]   RK : might be 7442 making exit
[10:49]   RK : final exi
[10:49]   r m : volumes of executed trades at ask/bid (more precisely)
[10:49]   Prudhvi : this is the only chart i find difficult to understand
[10:49]   Prudhvi : thnx rm, rk, sandip
[10:49]   Prudhvi : can anyone give a link for better understanding?
[10:50]   r m : sure, searching for it 🙂
[10:50]   Sandip : links are there in welcome mail i guess
[10:50]   Prudhvi : i failed to understand that
[10:50]   Prudhvi : not clear
[10:50]   Shai : Move sl of BNF trade to 14958 for 14945
[10:51]   Sandip : so reds are agressive sellers, green are agressive buyers……white numbers are neutralized buyers/sellers
[10:51]   Sandip : i forgot what brown numbers are rm 🙂
[10:51]   r m : @Sandip, easy man, just concentrate on red and green 🙂
[10:52]   Sandeep : brown is between white and red/green 🙂
[10:52]   r m : white is the color of surrender – truce 🙂
[10:52]   Sandip : ahhahaha thats what i do 🙂 thx
[10:52]   r m : @Prudhvi, explained here – http://vtrender.com/trading-room-charts-explained-3/
[10:52]   r m : will post the video links too but charts have changed a bit since those videos were uploaded
[10:53]   Jitender : Shai…pls hold a webinar if poss
[10:53]   Vikkas : RM i suggest make one channel just for education on the slack 🙂
[10:53]   Deepak : Can you make new videos now. Would be helpfull or a Webinar
[10:54]   r m : @Vikkas, just created one yesteday for the links to all the debris we have collected over the years #data-sheets 🙂
[10:54]   Vikkas : ohh..is it ..running to join the channel 😀
[10:55]   r m : yes, will send the invitations once enough debris is there to engage your attention, meanwhile you are always welcome to take a dekho 😀
[10:55]   Vikkas : i joined the channel ..lol
[10:55]   Uttam : super RM
[10:56]   r m : Thanks Uttam
[10:57]   Jitender : Rm bhai..can v have sheet for weekly/monthly & yrly val/vah values
[10:57]   Jitender : in the data channel
[10:57]   r m : yes Jitender, will put that link over there too
[10:57]   Jitender : grt..tx
[10:58]   r m : once Shai creates that sheet 🙂
[10:58]   Jitender : 🙂
[10:58]   r m : Values in NT differ a lot from MD values, so I don’t want to create confusion
[10:58]   Jitender : cool
[10:59]   Jitender : btw 7400pe has not seen much covering till now
[10:59]   Uttam : BNF SL hit
[10:59]   Jigs : BNF stopped
[11:00]   Shai : BNF stopped- make an exit
[11:01]   Sandip : covering to hai jitender…but..writing is little higher in calls
[11:02]   Jitender : small amt varying from 40k to 65k
[11:03]   Jitender : covern
[11:04]   Sandip : i think all these little rises are being used to write some more in calls….maybe theyll short cover in puts later when a 10-20 points bigger move comes
[11:07]   Sandip : http://screencast.com/t/3Fu4Y6jBopK
[11:07]   Sandip : check this Jitender
[11:07]   Jitender : +1
[11:11]   Jigs : BNF played game with us
[11:11]   r m : (*** Private to Prudhvi ) Here is a video on footprint charts uploaded by Shai, a bit old though but should help in understanding https://www.youtube.com/watch?v=O4VIayW_448
[11:11]   Shai : yes I tried to protect by moving up
[11:11]   Shai : it’s just the noise post IB
[11:11]   Jigs : yes
[11:11]   Shai : and an OAOR
[11:12]   Sandip : Shai a reshort chance here?
[11:12]   Sandip : BNF
[11:12]   Shai : we should get a clearer signal around 12- 1 pm now
[11:12]   Shai : we go with the move post 1 pm – should be a good one
[11:12]   Sandip : okies thx
[11:12]   Ashish : So, right now we are having nifty shorts – 50% and 7300 PE longs?
[11:12]   Shai : yes
[11:13]   Ashish : Thanks
[11:13]   Shai : 7300 is positional
[11:13]   Ashish : yes Shai
[11:13]   Sandeep : looks like some bot read our signals and hunted SLs 🙂
[11:14]   Shai : in a thin mkt anyone can see the orders
[11:14]   Tejpreet : Shai do the previous hypo have relevance on current day …like 7363 has been given by you as target many times so does that have relevance now .
[11:22]   Sandip : bnf still looking strong….
[11:26]   Shai : yes still a target for the short today intra
[11:26]   Shai : 09:21) Shai :Short NF 7390 and at 7405 in 2 parts tgt 7360 and 7348 – sl of 7444- Intra day
[11:26]   Shai : 7344-48 zone where we drove up jan series
[11:27]   Shai : levels don’t change in MP if the vols are good and have AMT significance
[11:28]   Tejpreet : Thanks Shai …..good to have historical hypo data on one channel …..whenever prices are in those range we can look upto old hypo levels.
[11:28]   Vikkas : but the thing to ponder is shud we short here or wait for a little rise and then short shai ?
[11:31]   Jitender : 10:27 Shai : this is not a mkt where you wait for babies to become adults 🙂
[11:31]   Jitender : sorry
[11:31]   Jitender : (09:26) Shai :Don’t enter the second part in NF yet- wait for my signal
[11:31]   Shai : wait Vikkas – OAOR open
[11:31]   Vikkas : thanx jitender & shai
[11:31]   r m : that OAOR gives the babies a chance to grow up 🙂
[11:32]   Jitender : haha
[11:32]   Shai : 🙂
[11:33]   Shai : back in a few mins ….
[11:52]   Uttam : NF is forming a pretty balanced profile though it is OAOR, we could have a DD today on either side?
[11:52]   Uttam : time for DD to happen is next time period right?
[12:08]   Shai : BNF has a seller at the top but nothing at the lows below 14850
[12:09]   Shai : still think one test is pending of the lows as they are swing lows 14800
[12:09]   Shai : but staying abv vwap is not giving the right trigger
[12:09]   RK : and BRN
[12:10]   Shai : yes
[12:10]   Sandip : I hope so shai 🙂 i still am carrying a bnf put..will remove it around 14800 🙂
[12:10]   Kathir : @RK so got support form RR for your bnf shorts :
[12:12]   RK : Kathir RR put a ceiling 🙂
[12:12]   Kathir : 🙂
[12:12]   r m : Sab mile huye hain jee 🙂
[12:13]   RK : kya saheb..English me pls bolo 🙂
[12:13]   RK : Pardon me if that slang is not right 🙂
[12:14]   Kathir : RK you are better than the guy who translated modi ji’s hindi here in cbe yest 🙂
[12:14]   RK : lol
[12:14]   RK : you went for meeting?
[12:15]   Kathir : yeah just few mins..near to my house only
[12:15]   Sandip : people want to sell but market is holding them up!
[12:16]   r m : @RK, that is a dialogue of Kejriwal, he always claims that everyone else (except him) is a partner in crime 🙂
[12:17]   Kathir : 🙂
[12:17]   RK : 🙂
[12:18]   Jigs : kejri 🙂 🙂
[12:18]   Sandip : shai , rm…if by 1:30 i.e europe open, we do not breach 7445, then will we revisit downwards? Is that some gap rule? or i got it wrong prolly…:)
[12:19]   r m : no gap rule connected to europe open time as far as i know 🙂
[12:19]   r m : 7448 was PDL, if we stay below then maybe we dig deeper 🙂
[12:19]   Sandip : hehehe thats not what i meant…i meant even after europ if we dont go into yesterdays range, then
[12:19]   Sandip : yea that only 🙂
[12:19]   r m : lol
[12:21]   r m : basically the auction is searching for buyers or sellers and not findin any so far, maybe if it does not go higher sellers will open their bags here itself 🙂
[12:22]   Sandip : nice
[12:23]   Sandip : my BNF PUT bag is open from the morning….but money keeps jumping in and out of it ahahah
[12:30]   Jitender : 30min in nf white
[12:32]   Sandip : NF gonna wait with Shai till 1PM:)
[12:38]   Shai : sellers seem like they want bulls to take it a bit higher to punce into again
[12:38]   Shai : pounce*
[12:38]   Shai : classic auction yesterday – all strength was sold completely
[12:38]   Rahul P : shai, another 20 pts up from here and we will have a FA
[12:40]   Sandip : shai, rm, rahul do you guys have a link where all these market profile jargons have been explained??
[12:40]   Sandip : FA/excess/RR
[12:40]   Navaneeth : Try marketcalls.in
[12:40]   Rahul P : http://www.jdaltontrading.com/glossary/
[12:41]   Sandip : thx rahul
[12:41]   Rahul P : and read Mind over markets – J Dalton
[12:41]   Sandip : sure thing
[12:41]   Jitender : expensive book
[12:41]   Rahul P : worth every penny
[12:42]   Shai : http://vtrender.com/glossary-4/
[12:45]   Navaneeth : I have both books. If u are interested will send by mail.. (PDF)
[12:46]   Muhammad : I would be…
[12:46]   Navaneeth : ok
[12:46]   Sandip : i think i have mind over markets navneeth
[12:46]   Sandip : 🙂
[12:46]   Navaneeth : srry
[12:46]   Muhammad : oops ok, sorry
[12:46]   Jitender : cool
[12:47]   Rahul P : shai, how significant would be a FA here ?? looks like we getting one here on NF
[12:49]   Shai : Not very Rahul
[12:49]   Shai : if looking for reversal look for a big tail
[12:49]   r m : quite a thick profile
[12:49]   Rahul P : too much coiling here….will uncoil witha bang
[12:49]   Shai : yes
[12:50]   r m : @Rahul, RK is all set to catch the sixer at 68XX 🙂
[12:51]   Porus : FA likey on bnf if we go down now
[12:54]   Vikkas : seller @ 8410 not willing to budge
[12:54]   Vikkas : oops 7410
[12:55]   RK : RM..in Tamil there is a proverb.People follows King’s footstep 🙂
[12:55]   r m : 🙂
[12:55]   Karthik : Shai, on a OAOR day, is it a sureshot bigmove day or it is not? may be a rangy day like this?
[12:55]   r m : jidhar raja udhar praja in Hindi 🙂
[12:55]   Karthik : just learning
[12:55]   RK : mannan evvazhiyo makkal avvazhi in Tamil
[12:55]   Sameer : Europe opening doesnt look bad
[12:55]   r m : ok
[12:56]   RK : Mannan = King, Makkal – people, Vazhi – Path
[12:56]   Sameer : from futures
[12:56]   Sameer : ?
[12:56]   r m : Thanks RK, next time I’ll be able to speak a few words other then Sapad (like Modi learns one opening sentence in every language) 🙂
[12:57]   RK : Welcome to ancient language 🙂
[12:57]   Sandip : sameer..europe flat or positive? futures?
[12:57]   Shai : Sell BNf in 2 parts : 14960 here and at 15030 sl of 15090 tgt 14870/ 14768
[12:57]   Porus : Sameer, looks like a weak opening in the Western world
[12:57]   Sandip : yaaaaaaayyyyy finally sell bnf call:)
[12:58]   Sandip : i mean level srry
[12:58]   Shai : seeing sellers here but may jump to close that gap
[12:58]   Shai : also
[12:58]   Shai : hence 50% only here
[12:59]   Janak : [email protected]
[12:59]   Janak : oops sorry
[12:59]   Janak : i tried to copy shai’s text and did ctrlv
[12:59]   RK : Europe futures shows flat open..that might help to fill the gap
[13:00]   Janak : (12:58) Shai :seeing sellers here but may jump to close that gap
[13:00]   Janak : 7444-50 may come shai – u r right
[13:02]   Shai : that was for BNF Janak 🙂
[13:02]   Shai : 2 parts fr short
[13:03]   Janak : oh but nf also can join
[13:03]   r m : Janak like to mix and match when it suits his view 🙂
[13:03]   Janak : and remember ur sl levels are the biggest entry points for the trade in ur direction ;;
[13:03]   Janak : risk-trade-though 🙂
[13:04]   Janak : rm hum to bhelpuri-traders hei aur cocktea(not tail) hamara favorite drink ;;
[13:06]   Janak : shai-the-bear in action!! – 12:57 Shai : (12:57) Shai :Sell BNf in 2 parts : 14960 here and at 15030 sl of 15090 tgt 14870/ 14768
[13:08]   Porus : Today API crude inventories were +ve for the commodity. EIA crude inventories due tonight may also be +ve, propping up crude and Dow. May be risky to carry shorts tonite. Just thinking…
[13:10]   Jitender : tx fr inf
[13:10]   Jitender : info
[13:10]   Janak : crude is always risky to carry – it is a wild instrument
[13:11]   Porus : no… i meant carry nifty/banknifty, due to the possibility of gap up tom.
[13:11]   Rahul P : @porus, if inventory is +ve, price should fall
[13:11]   Janak : yeah
[13:11]   Porus : Rahul, inventory is -ve, whch is +ve for the commodity.
[13:11]   Venkatesan : lol
[13:12]   Rahul P : ok
[13:18]   Rahul P : fa on nf
[13:18]   Sandip : A short covering jump….
[13:25]   Sameer : Europe futures should be reason
[13:25]   Sameer : ?
[13:26]   Vikkas : shai so shud we short NF with bel of the low of this WRB or wait ?
[13:26]   Vikkas : *brk
[13:27]   Shai : cover the BNF short intra day here at cmp
[13:27]   Jitender : crude from 29.7 to 30.05
[13:27]   Shai : Remove the other sell trigger also
[13:28]   Shai : short below 7410 only
[13:28]   Nandesh : @shai 7300 Pe can we cover and sh latter or else continue
[13:28]   Shai : Hold the existing NF short at 7449 .
[13:30]   Shai : this is looking t close the gap
[13:30]   Tejpreet : Shai can we punch in buy order in NF above 51.
[13:30]   Shai : but sellers may come higher
[13:36]   Shai : ok tejpreet
[13:36]   Tejpreet : Thnanks Shai .
[13:36]   Shai : looking to add the other half NF below 7410 now : (13:28) Shai :short below 7410 only
[13:37]   Shai : very indecisive here and hence advised to remove the BNF also
[13:37]   Shai : below 7410 we should see 7360 again
[13:41]   Sandip : call writers are backkk. now nf should see some profit booking….
[13:41]   Vikkas : what is RM typing since when 🙂
[13:43]   r m : Nothing man 🙂
[13:45]   Shai : second part in
[13:45]   Shai : back in IB
[13:45]   Uttam : so TSL for both lots now @ 7435 Shai?
[13:45]   Shai : and real chance of another FA at highs
[13:45]   Shai : yes
[13:46]   Uttam : thanks
[13:46]   Porus : Shai didnt price stay above ibl too long for an FA?
[13:47]   Shai : not confirmed at highs yet
[13:47]   r m : just one 30 minute candle Porus, single prints
[13:47]   Porus : right
[13:47]   Shai : we have t hit below IBL for FA at highs
[13:49]   Shai : why mix positionals with intra day noise? : (13:28) Nandesh :@shai 7300 Pe can we cover and sh latter or else continue
[13:49]   Tejpreet : Shai vix levels ….not jumping up much in this fall.
[13:50]   Shai : logic for that put was explained last evening at 3 pm if you recollect
[13:50]   Shai : I did say if 7344 breaks we will bu puts
[13:50]   RK : 7444
[13:50]   Shai : 7444*
[13:50]   Shai : yes
[13:50]   Ashish : 7344 aane waala hai 🙂
[13:50]   Shai : 2 buyers in that rise at 7444 and 7512- both gone
[13:51]   Porus : yes you did say
[13:51]   Shai : IB below 7444
[13:51]   Shai : neutral extreme day and follow through below neutral extreme price
[13:51]   Shai : where is the need to have doubts?
[13:51]   RK : better to keep view of larger time zone..dont let intra noise of 20 points quick move here and there push you to take decisions..
[13:52]   Shai : (09:13) Shai :Will look to add 7300 puts at the open today if IB is under 7450 F in parts(09:14) Shai :If 7300 breaks anytime on clsing basis this week am buying 6800 puts of March
[13:53]   Shai : you know the reason I am mentioning this is cos I saw a 7500 put go to a tgt without me yesterday cos of a few questions raised here. Not blaming any1, but I was weak in letting go of a psoitional view due to a few queries
[13:53]   Shai : let’s follow the plan esp for positionals
[13:53]   Vikkas : +1 shai
[13:54]   Uttam : yes Shai
[13:54]   Sandip : 🙂
[13:54]   Viral : +1
[13:57]   Porus : +1
[13:58]   Shai : BNF is a different beast today
[13:58]   Shai : not coming down below vwap
[13:59]   Shai : NF day type is neutral
[13:59]   Shai : can close at vwap or one extreme
[14:00]   Porus : Shai, it is facing res at the 10 and 20 sma though
[14:02]   Shai : ok
[14:04]   Hari : Agree with you on the positional plan Shai, typically positionals tend to pay overnight only, irrespective of intraday
[14:05]   Shai : yes
[14:05]   Shai : based on the auction today we are set for a repair of the poor lows seen last month
[14:06]   Jay : which is 7241?
[14:06]   Shai : only prob is that it is a neutral setup and a spike can be expected either direction
[14:07]   Shai : even then around 7500 we have a good low risk short
[14:07]   Jitender : Shai 2.0 unleashed:)
[14:07]   Jitender : love it
[14:07]   Shai : 🙂
[14:07]   RK : yes thats why I keep larger SL..now my posnl SL stay at 7520..less pain from noise
[14:09]   RK : If you wish to make big money then thatss the only way..plan better,..stick to entry and SL despite any noise..look at that move yday afternoon from 7505 to 7540..if you were shaken then this downmove is missed
[14:09]   Shai : +1
[14:09]   Viral : +1
[14:10]   Shai : last month also 7430- 7620 in third week
[14:10]   Shai : and then one spike down from 7520 also like yesterday
[14:10]   RK : yes
[14:10]   Shai : see the auction – it’s giving us easy ideas
[14:11]   Shai : intra day we may lose here and there but positionals remain strong
[14:11]   Shai : I also mentioned sl for that put as closing basis only to avoid the noise in between
[14:12]   RK : have seen many systems..and all are making money or leaving whips..but almost all system catches the moves..its all about how much and how long you are in when you are on the right side..I have not given enough attention for “how much” part..and trying to improve on that now..
[14:17]   Shai : +1
[14:17]   RK : make a move from balance else Rants will continue :))
[14:18]   Vikkas : lol.. give it 12 mins more and we start the action @2.30pm 😉
[14:23]   Janak : maybe mkt goes back to 7550-7600 to
[14:24]   Janak : because now everyone and their cats-n-dogs-n-selfies-n-what not are all short so mkt will run in opp dir ;
[14:25]   r m : lol
[14:25]   Janak : u can see tht no 233925 – that is a buy order fro rm;
[14:26]   r m : where is that, where is that, let me take a selfie with that one 🙂
[14:26]   Sameer : ?
[14:26]   Janak : dehradoon has a new name – dehrabull;
[14:26]   Janak : at 14.22 rm
[14:26]   Jigs : rm, such small quantity?
[14:26]   r m : lol
[14:26]   r m : @Jigs, today I have cold na! 😀
[14:26]   Jitender : lol
[14:27]   Jigs : i thought so
[14:27]   Janak : that shd atleast go to 7444
[14:27]   Jigs : playing light
[14:27]   Janak : crude is running up
[14:28]   Shai : Exit the NF short trade 7425 now
[14:30]   Shai : NF back abv IBH
[14:31]   Shai : world is green
[14:31]   Shai : may close at highs
[14:31]   Shai : intra day – no positions open
[14:39]   Shai : BNf can close at this dpoc today
[14:39]   Shai : NF still very undecided
[14:41]   RK : looks like somuch action but BNF range is just 200 today 🙂
[14:42]   Shai : BNF more a P
[14:42]   Shai : short covering in OF also
[14:43]   RK : ok
[14:47]   Janak : 7420-7370 will be good move now
[14:49]   Shai : which way Jank- you called it right yesterday?
[14:56]   Tejpreet : Shai levels for 7400 put .
[14:58]   Janak : shai i think downmove 7420-7370 shd assert that bears are still in
[14:59]   Janak : but if there is an FA somewhere – mkt wud first go there
[15:01]   Janak : easiest bear mkt to trade
[15:01]   r m : bye guys, have to leave early today – have a great evening 🙂
[15:01]   Ashish : Bye bye RM
[15:01]   Shai : 95 supp 7400 pe 182 and 196 possible if held
[15:01]   Uttam : thanks RM you too have a nice evening 🙂
[15:01]   RK : bye RM..Have a nice evening
[15:01]   John : bye RM
[15:01]   Shai : bye RM tc
[15:01]   Jitender : bye
[15:02]   RK : back to higher volume zone of the day
[15:02]   Uttam : thanks Shai had a SL of 93 for the 7400PE entered @ 128 this morning
[15:02]   Tejpreet : Thanks Shai got 10 points 😉
[15:02]   Shai : nf 🙁
[15:03]   Shai : this is new selling
[15:03]   Uttam : they were waiting for end of day 🙁
[15:03]   Tejpreet : NF positional will give the returns Shai .
[15:03]   Uttam : 30 min bar is full of reds
[15:04]   Janak : (14:58) Janak :shai i think downmove 7420-7370 shd assert that bears are still in
[15:04]   Shai : oh they have been always
[15:05]   Shai : from 8400
[15:05]   Jitender : 🙂
[15:06]   Uttam : Shai on spot 7420 will be the important level to watch right, we also have the weekly VAL there?
[15:07]   Tejpreet : This move was to shake out anticipatory longs looking at DOW futures green 🙂
[15:07]   Vikkas : +1 tej
[15:08]   Rahul P : dow green is on crude rally anticipation
[15:08]   Shai : roughly 7310 for the series
[15:08]   Rahul P : what if that fizzes out ?
[15:08]   Shai : going neutral extreme
[15:08]   Uttam : close @ lows
[15:08]   Tejpreet : 7360 should come
[15:09]   Hari : See now Shai’s positional makes sense, avoid noise, +1 Shai
[15:09]   Uttam : 2 neutral extremes in a row Shai 😉 can we have a trend day tom 😉
[15:09]   Uttam : or we balance tom & Friday would be another down day?
[15:10]   Sandeep : woah nf 🙁
[15:10]   Viral : shai dont listen to anyone just follow ur own system
[15:10]   Viral : 😉
[15:10]   Janak : shai 7380 – i’ve done my job
[15:11]   Shai : 🙂
[15:11]   Shai : I am :). Thanks Viral
[15:11]   Shai : Cheers Hari
[15:11]   Viral : great !
[15:12]   Shai : We should begin a balance Uttam
[15:14]   Uttam : thanks Shai, what could be max days we could balance before next move?
[15:14]   Janak : this goes to 7000-6800
[15:14]   Janak : before budget rally
[15:16]   Jitender : Janak..always playn extremes:)
[15:17]   Jay : Janak by 22nd Feb you will get 6800
[15:19]   Shai : 🙂
[15:19]   Jitender : Jay by 22nd he’ll want 6000
[15:19]   Uttam : Shai BNF will be a Normal Day although price went above IBH in 4 time periods but did not sustain?
[15:20]   Shai : normal yes
[15:20]   Jay : 6400 by May
[15:21]   Uttam : so it is kind of balanced today could we say for BNF?
[15:21]   Hari : What is the MO today
[15:21]   Jay : expecting reversal between 7115-7181
[15:21]   Jitender : Rm is nt here…
[15:21]   Shai : close BNF below 14750 this week and see the fun all you bears 🙂
[15:21]   Uttam : 500 points is it Shai below it?
[15:21]   Shai : NF will follow with a close below 7310
[15:21]   Janak : that will happen tomorrow shai
[15:22]   RK : Uttam 500 is not fun 🙂
[15:22]   Jitender : hear hear
[15:22]   Janak : because we are going for a massive sell-off friday close
[15:22]   Uttam : yes RK 500 should be in NF 😉
[15:22]   RK : Gotcha 🙂
[15:22]   Shai : BNF coming back near that dpoc
[15:22]   Jay : Janak 7240 by Friday .. ho jaye
[15:22]   Shai : could be a nice run in BNf tom
[15:23]   Uttam : could also be on the upside Shai?
[15:23]   Jay : nice run in which directino Shai … short side?
[15:23]   Shai : (14:39) Shai :BNf can close at this dpoc today(14:39) Shai :NF still very undecided
[15:23]   Shai : NF decided at lows 🙁
[15:24]   Shai : yes Jay so far 75:25 favors down
[15:24]   Shai : but was refreing to an intra day 200 pointer
[15:24]   Venkatesan : -36 hari
[15:24]   Jay : with short BOB 🙂
[15:24]   Uttam : cool Shai
[15:24]   Venkatesan : MO
[15:24]   Sandip : pretty much option grinding day 🙂
[15:25]   Hari : can Vix go down tomm
[15:25]   Shai : 18.10 supp vix
[15:26]   Shai : if it moves abv 18.90 at opem tom will hit 20.7
[15:27]   Shai : usdinr stayed below 68.55
[15:27]   Shai : let’s see what happens at the open tom there
[15:28]   Janak : evenif there is abounce till 7450 – it is a sell shai?
[15:28]   Rahul P : whats BNF suggesting?
[15:28]   Rahul P : looks bullish
[15:28]   Shai : BNf normal day
[15:28]   Shai : saw selling again at highs BNF
[15:29]   Uttam : daily OF full of reds @ top for bnf
[15:29]   Vikkas : shai current 5 mins bar see the seller
[15:29]   Uttam : NF Vikkas?
[15:29]   Vikkas : yes
[15:30]   Uttam : 1.2L one?
[15:30]   Vikkas : 123900
[15:30]   Ashish : Thanks Shai
[15:30]   Uttam : bnf also has a 20K seller
[15:30]   Tejpreet : Bye All
[15:30]   Ashish : Thanks and bye all
[15:30]   Sandip : bye
[15:30]   Viral : bye all
[15:30]   Shanmugasubramanian : bye all
[15:30]   Porus : bye all
[15:30]   Vikkas : bye all ..happy evening
[15:30]   Suresh : bye all
[15:30]   John : bye all
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Jitender : bye all
[15:31]   Uttam : See you all, have a great evening 🙂
[15:33]   Arvind : bye all