OrderFlow charts and Notes 08/02/16

[08:41]   r m : Good Morning folks!
[08:41]   r m : http://vtrender.com/orderflow-charts-and-notes-050216/
[08:41]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-08-feb-12-feb16/
[08:41]   r m : Nifty Spot Weekly Levels | Support 7405/7320 | Resistance 7572/7680
[08:41]   r m : Banknifty Spot Weekly Levels | Support 14900/14760/14200/13950 | Resistance 15430/16111
[08:42]   r m : Nifty and Banknifty spot levels updated in current week stockslevel sheet
[08:42]   r m : Previous 4 week’s stocks levels given by Shai are stored in Stocklevels historic
[08:44]   Vikkas : Gdmrng all
[08:44]   Vikkas : Hi Rm
[08:44]   r m : Hi Vikkas
[08:45]   Ganesh : GM guys. Newly joined today
[08:45]   Shiva : Good Morning RM,
[08:45]   r m : Welcome Ganesh
[08:45]   r m : Hi Shiva
[08:46]   r m : GDP quarterly data release at 17:30 today
[08:46]   Shiva : Can you please guide how to take trade ,how to exit and entry levels
[08:47]   r m : @Shiva, Shai will announce entry, stop and targets when he gives trades
[08:47]   r m : Please follow links given in welcome kit for understanding charts here and for risk management (trade sizing)
[08:47]   Shiva : okay RM
[08:52]   Porus : Hi all
[08:52]   Porus : Shai, can you give the weekly USD levels?
[08:53]   Suresh : Good Morning all
[08:54]   Pranab :Thanks Shai and Good morning to all.
[08:57]   Shai : GM all
[08:57]   Vikkas : Gm shai
[08:59]   Muhammad : Gm all
[09:00]   Ashish : GM all
[09:00]   r m : GM Shai, guys here have big smiles seeing you back 🙂
[09:01]   Shai : Missed the room on Fri- Happy to be back 🙂
[09:01]   Rahul P : gm shai
[09:02]   Rahul P : any view on teh algo at 7527 ?
[09:03]   Jitender : Gm Shai, Rm, Folks:)
[09:03]   r m : Hi Jitender 🙂
[09:04]   SandeepK : GM all !
[09:06]   Tejpreet : GM All
[09:07]   Shai : usdinr- 68.13 to 67.63 broad range of res/ supp for week . intra day long abv 67.93 and short below 67.83
[09:11]   Venkatesan : gm shai rm to all
[09:11]   r m : Hi Venkatesan
[09:12]   John : Good morning Shai, RM and all 🙂
[09:12]   r m : Hi John 🙂
[09:13]   Deepak : GM Shai, RM, All
[09:13]   r m : Hi Deepak
[09:15]   Arvind : GM
[09:16]   Shai : 7300 pe hit Sl on Friday- If you have not made an exit , please do now
[09:17]   Uttam : Good Morning All 🙂 & welcome back Shai, we also missed you
[09:17]   Tejpreet : No hypo levels today in announcements.
[09:20]   Shai : Intra day : Buy NF 7501- 7503 sl of 7479 tgt 7530/ 7560
[09:23]   Shai : working on some modifications to the hypos- will be out soon
[09:23]   Tejpreet : Thanks Shai .
[09:29]   Shai : open auction in NF just under VAH
[09:30]   Vikkas : so a possibility of retesting YVAL is there or ruled out ?
[09:30]   Uttam : Shai Friday was an ORR open & a p profile day with a spike end?
[09:30]   Uttam : & we sre still within that spike today?
[09:31]   Jitender : Friday valure were 7410-7422-7446 vwap 7482 ?/
[09:31]   Jitender : values
[09:32]   Jitender : Shai..pls cnfrm
[09:33]   Uttam : 7509-7473 VA
[09:34]   Shai : 7510- 7485-7473
[09:34]   Jitender : k..tx guys
[09:34]   Shai : 5 min chart extreme left top
[09:34]   Shai : Yes Uttam ORR with spike
[09:34]   Uttam : thanks Shai, also a p shape?
[09:37]   RK : GM Shai,RM and all
[09:38]   r m : Hi RK
[09:40]   Vipul : GM all
[09:40]   RK : Sellers seems trying one last time here..we got around 2.7lac red in 30min..If we scale them today then we may see short covering as this could be the last straw 🙂
[09:41]   Shai : Exit NF long call at 7496
[09:42]   Shai : Intra day : sell BNF btw 15310- 15320 sl of 15389 tgt 15220/ 15140
[09:43]   Shai : sell in the zone given not cmp
[09:48]   Shai : sold 15299 BNF
[09:51]   Sandeep : great call shai…missed it
[09:52]   RK : Shai 7300 PE would have supply around 56?
[09:53]   Shai : BNF at vah 15240 – those in the call can part book and move sl to cost 15300
[09:54]   Shai : 7300 pe supply around 61 expected
[09:55]   RK : Thanks Shai
[09:55]   Shai : now NF also getting weak
[09:55]   Shai : may test 7467 again
[09:55]   Uttam : break of 7467 will be a short Shai?
[09:55]   Uttam : BNF vah is 15208 right Shai?
[09:56]   RK : Shai we really missed you on Friday..such a nice trend day 🙂
[09:56]   Shai : is an aggressive short here sl of 7512
[09:57]   Shai : yes RK looked like a nice day
[09:57]   Shai : hope you guys capitalised
[09:57]   Vikkas : buyer at YVWAP
[09:57]   Vikkas : 17400
[09:57]   RK : Ofcourse 🙂
[10:00]   Uttam : BNF 15369 is a VPOC so we could probe that once today?
[10:00]   Uttam : 15360*
[10:01]   Uttam : BNF trading above the p of friday so looking bullish Shai?
[10:02]   Shai : yes
[10:03]   Shai : hit a vpoc at day highs
[10:03]   Shai : could rotate if vah held
[10:03]   Shai : open auction – looking for afresh cues in afternoon session now
[10:03]   Shai : No intra open positions now
[10:04]   Uttam : thanks Shai
[10:06]   Uttam : yes looks like we going to rotate for sometime & tails @ both ends in both NF & BNF giving added signals for the same
[10:21]   Sandesh : Hi Shai.. net got discconnected! Holding BNF short @15395! Please advise .. hold or cover?
[10:25]   Shai : (09:53) Shai :BNF at vah 15240 – those in the call can part book and move sl to cost 15300
[10:25]   Shai : message sent on slack also
[10:25]   Sandesh : thank you
[10:26]   Vikkas : just a reminder we have 7400 straddle short 🙂
[10:28]   Shai : yes we will hold that – the stradle is a 3 week play
[10:29]   Vikkas : ok thanx
[10:34]   Sameer : Flat Deltas … what does this mean ?
[10:34]   Sameer : top ?
[10:34]   Sameer : What is signifacnt resistance level on upside ?
[10:35]   Sameer : seems like Europe might open positive
[10:36]   Sameer : ?
[10:36]   Shai : in open auctions you get flat deltas
[10:37]   Rahul P : we have range extn on nf….but with selling pressures
[10:38]   Gaurav : shai your views on divis ? good for shorting ?
[10:38]   Sameer : bought one call 7600 lot with expectation europe might open positive
[10:41]   Sameer : Shai whats significant level for upside resistance ?
[10:42]   Shai : positional : BUy 7500 ce at 120- 121 sl of 81 tgt 166/ 208 – go with a 50% size
[10:43]   Shai : 7606 Sameer
[10:43]   Shai : 7606/ 7686
[10:43]   Sameer : yummy…thats big
[10:44]   Sameer : I guess 7606 is intra level 😉
[10:56]   Sameer : ?
[10:58]   Shai : NF staying abv vah and IBH for now
[10:58]   Shai : BNF already abv vah
[10:58]   Vikkas : so shud we go long in NF
[10:58]   Shai : yes long bias
[10:58]   Vikkas : thanx
[10:58]   Jitender : 76ce & 75ce being written along with 74pe
[10:58]   Jitender : though ce has better vol tan pe
[10:59]   r m : volumes below average in NF?
[11:01]   Shai : NF could do 7560 intra day stops below 7480
[11:02]   Shai : We will look to buy a dip around vwap mid afternoon and put that original long trade back
[11:03]   Shai : have put a 7500 ce positional play on as we seem to be wanting to stay abv 7444 and that old breacket high of 7495
[11:04]   Shai : the auction may want to go back and test that seller at 7600 again
[11:04]   Shai : putthe CE on when it was abv 7515 again
[11:05]   Shai : if you recollect 7444 and 7515 as two levels
[11:05]   Jitender : ys
[11:05]   Vikkas : yup
[11:07]   Shai : one objective of the move below 7444 was 7320 but it gt cut short at 7375 last week and friday we dove abv 7445 well
[11:07]   Shai : has to break 7444 again for beaing breaish this week
[11:08]   Jitender : k..tx
[11:09]   Jitender : waiting to see ce writers at 75 to scramble
[11:10]   Jitender : 4,800,825(oi) 495,750(change in oi) at 75ce
[11:23]   Sameer : ?
[11:27]   Shai : Sell BNF intra day again 15345- 15340 sl of 15395 tgt 15285/ 15240
[11:42]   Hari : BNF short only at this price right?
[11:42]   Hari : not above?
[11:43]   DrBansal : shai,bnf sell on rise upto?
[12:01]   Shai : This 15390- 15550 zone is all sellers , Dr
[12:01]   Shai : Yez Hari we shorted on the renetry in IBH with sl just abv day highs
[12:01]   Shai : re-entry*
[12:27]   DrBansal : you mean sellers in bnf between 15390- 15550 all sellers?
[12:45]   Shai : mostly
[12:46]   Shai : we have dropped about 800 points from that zone twice in these 2 months
[12:46]   Shai : will mostly look to short a positional view if we look in that zone again higher this week and see the reds again
[12:49]   Tejpreet : Nifty vwap brings in greens .
[12:51]   Uttam : Shai is volumes which is very low one of the reasons for shorting BNF intra cos prices up but volumes not increasing?
[12:51]   Uttam : plus the fact that it is near supply of course
[12:52]   Shai : yes prev supply and the fact that it was near IBH then
[12:52]   Shai : bur enter sl in system now
[12:52]   Shai : for the trade to win has to stay below IBH
[12:52]   Uttam : yep done
[12:55]   Janak : sell bnf is still on shai or reverse on greenn of?
[12:56]   Janak : going to 425/75
[13:08]   Tejpreet : Vix above 19.2 … next level Shai.
[13:11]   Shai : 19.8/ 20.6
[13:11]   Muhammad : shai if short on nifty here… what should be sl?
[13:11]   Shai : no dip till 19 breaks in vix now this week
[13:12]   Shai : sl of 7531 Muhammad
[13:12]   Muhammad : thanks shai
[13:12]   Tejpreet : Thanks Shai.
[13:12]   Sandesh : and the target could be? (on NF)
[13:12]   Shai : as we move into the budget vix likely to tag 22.20
[13:13]   Shai : NF has to move below 7494 for 7469
[13:13]   Shai : currently zero intra bias here in NF
[13:15]   Tejpreet : As vix likely to move higher that sold straddle will not move lower fast even if markets are range bound .
[13:16]   Shai : true it’s theta v/s IV there this month
[13:17]   Shai : not looking for more than 175 there
[13:17]   Tejpreet : Thanks Shai .
[13:17]   Vikkas : 280 is the stop for that straddle right ?
[13:17]   Pranab : Can’t see the MP, the screen is blank.
[13:17]   Shai : if 222 breaks this week on the 7400 , we are on right track
[13:19]   RK : When Index is flat above 7500 level why Vix is shooting up? 🙂
[13:19]   RK : People scare upmoves than downmoves now a days as they are used to hear that “thud” recently
[13:21]   Janak : all eyes on dehradoon as a punter-don is moving the mkt these days ; close to yellen / yen and yondermen ;;
[13:24]   r m : uncertainty makes option premiums go up and VIX is calculated from those
[13:24]   r m : oope, my chat is running 5 min late 🙁
[13:25]   r m : janak bhaiyya don to done ho gaye 😀
[13:26]   Janak : ha ha
[13:26]   Janak : today mkt shd do 7560 otherwise we go to 6800 from tom
[13:30]   Sameer : at 7000-7100 planning to buy 7500 call for March
[13:30]   Sameer : if not before…atleast modi rally should happend after budget
[13:32]   Jitender : 7518-20 whackn nf down…
[13:32]   Sameer : Shai…Do you see sharp spike today(like 70-80 move in 5 minutes) in either direction ?
[13:35]   Shai : no can’t be predictable
[13:35]   Shai : NF had an algo at 7527 all sell side on Friday
[13:35]   Uttam : wrb in bnf is good or bad for bears Shai?
[13:36]   RK : Shai wasn’t green print?
[13:36]   RK : that Algo
[13:36]   Uttam : delta is green
[13:36]   Shai : no was a mopup of all the buy orders
[13:36]   RK : Oh fine
[13:37]   Uttam : almost 2 inside hourly bars in BNF, feels like some good move coming
[13:39]   Shai : maintain the sl in BNF -first big vol break inside IBH met vwap- now if vwap goes we get tgt
[13:40]   Uttam : great
[13:40]   Shai : 15240 if you recollect was a short trigger for us last week
[13:40]   Shai : we closed a morning short there when there were no willing sellers
[13:40]   Shai : feel one more test resquired
[13:41]   RK : Friday the moment we touched 240, sellers creeped in and it went down 100 in secs and then again moved up Shai
[13:41]   RK : around 2.30-2.45
[13:42]   Shai : yes saw that
[13:42]   Uttam : RK had a lovely trade there
[13:42]   Shai : alos recollect the 15360- 80 zone where we did not meet new sellers in prior week
[13:42]   Shai : these frdays are now going up 🙂
[13:42]   RK : Yes..we have many ref between 15240-15450-15600
[13:43]   Shai : have to do something about these fri afternoons
[13:43]   RK : nothing..only way is to have more coffee and fight them 🙂
[13:43]   Shai : haha
[13:43]   Shai : If I recollect last 3 fri noons have been up
[13:44]   RK : I have been yday seriously thinking to trade only by 9.30-10.30 and then 2.45-3.30 🙂
[13:44]   Shai : 2.15- 3.30
[13:45]   Shai : yes better hours for positionals
[13:45]   RK : yep that last hour
[13:45]   Jitender : crude recovrn…
[13:48]   Shai : Book the BNF intra day trade at 15330- 15340 now
[13:49]   Shai : nothing big
[13:49]   Shai : happening
[13:51]   Uttam : we have a poor high today & another p profile day Shai?
[13:52]   Shai : NF is balanced in the spike zone
[13:52]   Shai : BNF a P
[13:53]   Uttam : p over a p means more short covering Shai?
[13:54]   Sandesh : Shai.. BNF , positional shorts can hold?
[13:55]   Uttam : NF above the spike now
[13:56]   Janak : (12:55) Janak :sell bnf is still on shai or reverse on greenn of?(12:56) Janak :going to 425/75
[13:56]   Uttam : timely exit in the bnf short Shai 🙂
[13:56]   Uttam : poor high also gone now
[13:57]   Muhammad : good call shai
[13:59]   Janak : last chance for bears this afternoon as nikkei bounced 450 pts from day lows – indicates bull-mkt all over
[13:59]   Janak : i mean all over to start again
[13:59]   Janak : if we do not fall below 7500 now this afternoon – it is all over for bears
[14:04]   Janak : tough fight in 7500-7530 zone
[14:04]   Shai : Sandesh we don’t have positional shorts open
[14:04]   Sandesh : ok…
[14:05]   Sumit : NF is just following Europe and Dow futures
[14:06]   Shai : looking to short BNF higher if we get though for a swing down
[14:06]   Shai : NF have entered a 50% qty long via the 7500 call for a look back near 7600 F
[14:07]   Tejpreet : SL for BN short at 398.
[14:07]   Shai : large seller in NF 7533
[14:08]   Vikkas : looking at that i shorted @ 7530 😉
[14:08]   Shai : Tejpreet we made an exit when the vwap held in BNF
[14:08]   Ashish : lol
[14:08]   Shai : nice Vikkas
[14:08]   Vikkas : all thanx to u master 🙂
[14:08]   Tejpreet : No shai I took it couple of minutes back 😉
[14:08]   Shai : ok 🙂
[14:09]   Shai : Vikkas follow the message of the market- there is no master bigger than the mkt
[14:09]   Tejpreet : Guess will book now at 44 ..neat 50 points.
[14:11]   Vikkas : yes shai but got to learn a lot from u and the members here .. 🙂
[14:13]   Tejpreet : Shai as 15430 is critical point for weekly in BN can we not take positional shorts now as SL would be quiet close.
[14:22]   Vikkas : sellers
[14:22]   Shai : feel 15550 is a better sl
[14:22]   Shai : there are 2 singles at the base of the last 2 profiles and they would project it upwards
[14:23]   Shai : Sell NF 7500 sl of 7526 tgt 7469 – Intra day
[14:24]   Tejpreet : Thanks Shai for BN update.
[14:26]   Janak : bn may spoil that trade shai=
[14:27]   Janak : bn is already in budget-rally mood
[14:28]   Janak : and the fact that rm has gone quiet – some insider training might be on on the bull-side ;
[14:28]   Janak : *trading*
[14:28]   Janak : sab (bulls) ka maalik ek —
[14:31]   Uttam : reds in NF
[14:31]   Uttam : big reds @ that
[14:32]   Uttam : neutral extreme today?
[14:32]   Shai : NF 7476 – book 50%
[14:33]   Vikkas : big buyer
[14:33]   Shai : Hold at 7500 cost for 7458 the balance
[14:34]   Shai : yes there is a green there
[14:35]   Janak : shai-the-bear rocks
[14:35]   Ashish : could be the seller @ 7530
[14:36]   Janak : Pole for everyone: should shia give daily 1 bear-call? A) Yes B) of-course yes C) Yes yes yes – pl choose one ::
[14:36]   Shai : haha
[14:36]   Vikkas : C (anyday :D)
[14:36]   Shai : could go neutral extreme
[14:36]   Shai : 7505 is vwap4
[14:36]   Jitender : Pole…means u hv 2 ans:)
[14:36]   Janak : poll i mean ::
[14:37]   Jitender : pun intended
[14:37]   Janak : pun was expected ;
[14:37]   Janak : but seriously that man shai becomes ethal when in bearish mood – never go against him
[14:37]   Janak : lethal
[14:38]   Shai : duh 🙁 and I thought I could trade both sides well 🙂
[14:38]   Jitender : lol
[14:38]   Shai : 7460
[14:38]   Uttam : greens but still price going down
[14:39]   Janak : gone gone gone – bulls are out till 6800 now
[14:39]   Janak : lol shai
[14:40]   Shai : NF hits tgt of 7457- Book fully the NF short
[14:40]   Jitender : Alerto :: Shai’s back after vacation:)
[14:41]   Vikkas : but i wanted BNF to go a little higher for the positional sell 🙁
[14:41]   Janak : in style::
[14:41]   Hari : @shai, can add balance 7500 ce here
[14:41]   Janak : 400 was a good point vikkas
[14:41]   r m : @Janak, D 🙂
[14:41]   Shai : No Hari we will add at open tom the balance
[14:41]   Vikkas : i was waiting for 460 and missed it big big time 🙁
[14:42]   Shai : BNF came to 250
[14:45]   Janak : keep a 100 pts spread vikkas – u cud do 350-460 and have 4 ots spread
[14:45]   Janak : 350-390-430-460 like that
[14:45]   Janak : u wud have stil got 2 lots in
[14:45]   Janak : and a 100+ profit for each
[14:46]   Janak : based on this: Shai : (11:27) Shai :Sell BNF intra day again 15345- 15340 sl of 15395 tgt 15285/ 15240
[14:46]   Janak : we are at 235 now
[14:47]   Janak : evenif shai says exit his call – never exit it ;; just a mischievious advise ;;
[14:48]   Shai : Need to wait till tom to add that CE as we are in a spike
[14:48]   Shai : alos should open abv 7444
[14:48]   Janak : what a fall! 7530 to 90 down
[14:48]   Shai : there are greens here
[14:49]   Shai : Classic Tejpreet – congrats
[14:50]   Tejpreet : Thanks Shai .
[14:52]   Uttam : looks like it is going to test the VPOC of 7422?
[14:52]   Uttam : big seller now @ 7430?
[14:54]   Jitender : Shai..holdn 74pe from 64…carry fr 2mrw?
[14:54]   Shai : it’s a spike
[14:54]   Shai : have to move below these lows tom
[14:54]   Jitender : k…tx
[14:55]   Janak : shai got rid of 7300pe at 66 – what is a good level to reenter for tom?
[14:55]   Janak : 41 to 66
[14:55]   Jitender : Straddle of 7400 also in profit
[14:56]   Janak : or it wont give a chance for reentry
[14:56]   Jitender : from morn
[14:57]   Tejpreet : Looks like a flushout before GDP data in evening
[14:58]   Shai : getting hurt in the 7500 ce
[14:58]   Shai : but have to hold it till open tom
[14:58]   Sandeep : yes shall we hedge overnight that ce shai
[14:58]   Shai : there were some greens trying to degend 7445 earlier
[14:58]   Shai : Yes Sandeep can
[15:03]   Shai : Jitender that 7400 hit a low of 222- need it below 222
[15:03]   Shai : this move a reaction to GDP?
[15:03]   Jitender : nope…crude tanked
[15:03]   Shai : and I thought it would be a good number today
[15:04]   Jitender : yes sir….for 7400pe
[15:04]   r m : adv/dec 784/743, MO at -6, broader market has not joined nifty
[15:04]   Porus : Dow/Dax down big
[15:04]   Jitender : srry 7400 straddle
[15:04]   Jigs : shai, zoom BNF chart
[15:05]   Porus : crude is simply returning to this morning’s value.
[15:05]   Uttam : finally some big greens?
[15:05]   Shai : spiking lower
[15:05]   Uttam : the spike is just getting longer & longer
[15:06]   Shai : sellers remorse on letting go of the NF short
[15:06]   Tejpreet : or letting go too eraly 😉
[15:06]   Jitender : out at 117 for 74pe
[15:06]   Jitender : holdn just the straddle
[15:06]   Uttam : BNF right @ the point where it broke out 15050
[15:07]   Shai : High risk short in BNF intra : sell BNF 15085 sl of 15145 tgt 15018/ 14980
[15:08]   Jitender : stop nf…leave sumthng fr tomorrow…
[15:08]   Jitender : 🙂
[15:08]   Jigs : shai, not able to see buy/seller, plz zoom in BNF
[15:11]   Shai : better?
[15:11]   Shai : this is a big spike
[15:12]   Jigs : thx
[15:12]   Jigs : yes
[15:14]   Shai : Nifty wants to hit 7370 by close
[15:14]   Jigs : shai, this white in BNF, short covored?
[15:15]   Shai : yes white is covering
[15:15]   Janak : shai 14500pe can be bought?
[15:16]   Shai : avoid Janak – ther is a big supp near 14970
[15:16]   Janak : ok – i am thinking of a 300-500 pts gap down in bnf tom so
[15:17]   Jitender : its poss janak…only thing is tat GDP data
[15:17]   Janak : this is a massive FII sell-0ff – wont stop till 7000 is taken out in NF
[15:18]   Janak : there is some news – eu down 2%
[15:18]   Jitender : nope
[15:18]   Jitender : crude brke down from 31.24-30.52
[15:19]   Janak : yes 2133-2083
[15:19]   Uttam : Shai BNF shorts could be carried? will also act as some hedge for the 7500 CE?
[15:19]   Shai : scratch the BNF trade- near cost here
[15:19]   Vikkas : big buyer in nf
[15:19]   Vikkas : 157575
[15:19]   Jitender : since morn 75ce was being aggresively written
[15:20]   Shai : NF don’t miss that 15575 buyer
[15:20]   Shai : 157575 buyer
[15:20]   Vikkas : yes
[15:20]   Shai : could be a cover of that 2370000 seller of 7631
[15:20]   Shai : 7531
[15:20]   Vikkas : noted thanx
[15:21]   Janak : no shai – looks a good trade in bnf man – keep it
[15:21]   Janak : can easily give 14700-500 tom
[15:21]   Shai : was intra day – not wanting to convert on a spike but can hold with same sl
[15:21]   Janak : US sold of on friday massively and that will continue
[15:22]   Janak : ok
[15:22]   Uttam : any hedge to be taken for the CEs Shai or let it be?
[15:22]   Shai : let it be
[15:22]   Jigs : 2370000, today’s?
[15:22]   Uttam : okies
[15:22]   Shai : yes
[15:22]   Jitender : crude also has the highest no of contracts registered in history
[15:23]   Shai : is it?
[15:23]   Jitender : yup…
[15:23]   Jitender : read it on twitter ystrdy
[15:23]   Shai : looks like the world only wants to trade crude now
[15:23]   Uttam : that too all short, wonder if there is any actualy buying apart from ones covering shorts in crude 😉
[15:24]   Jitender : no Uttam..it has longs also
[15:24]   Porus : shai, cant see price in nf 5min
[15:24]   Jigs : 🙂
[15:24]   Jitender : not pure short…else crude wud hv bounced by 10$
[15:24]   Janak : crude at 2082 and lower ckt limit 2071 – any guess what trade one shd take here now 🙂
[15:24]   Jitender : book
[15:25]   Janak : it will hit 2071 for sure jitender – easy 10 pts
[15:25]   Jitender : Well..u r the orignal flash of bnf:)
[15:25]   Janak : 2075 now 🙂
[15:26]   Uttam : BNF will hit the first tgt looks like 🙁
[15:26]   Uttam : after we exit @ cost
[15:26]   Sandeep : hit
[15:26]   Jitender : shucks man…booked 74pe at 117…its 129 now:)
[15:26]   Shai : yes- but our intra day exits are at 3.20 max- so let it go
[15:26]   Shai : 7370 also here
[15:27]   Jigs : what a selloff
[15:27]   Uttam : wow what a move in the last hour
[15:27]   Vikkas : one more big buyer here shai
[15:27]   Vikkas : 145425
[15:27]   Uttam : all covering before close?
[15:28]   Shai : yes
[15:28]   Janak : shai bnf trade worked
[15:28]   Shai : big profits for all that earlier red near vwap
[15:28]   Janak : 14980
[15:28]   Shai : they will take it
[15:29]   Arvind : yes shai 14980
[15:29]   Arvind : great call
[15:29]   Janak : and crude hits 2071 sir 🙂
[15:29]   Janak : LC
[15:29]   Janak : booked out
[15:29]   Arvind : yes J
[15:29]   Jitender : cool
[15:30]   Janak : shai please introduce crude oil here – we will not ask for more than 2 calls inc rude daily 🙂
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Vikkas : bye all
[15:30]   John : Bye all 🙂
[15:30]   Vikkas : happy evening
[15:30]   Suresh : bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Arvind : Bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:31]   Porus : bye all
[15:31]   Uttam : See you all, have a good evening 🙂
[15:32]   Jitender : bye all
[15:32]   Vipul : bye all

[09:23]   Vikkas : shai can TCS be shorted here positionally ?
[09:25]   Tejpreet : Shai views on Maruti for ID .
[09:31]   Shai : tcs see if it stays beow 2395 to short – sl will be 2440
[09:32]   Shai : maruti intra range 3701- 3767
[09:32]   Shai : has to break one of them for a move
[09:32]   Tejpreet : Thanks Shai.
[10:03]   Tejpreet : Maruti breaks 67 .
[10:28]   Tejpreet : Shai positional views on Reliance.
[10:36]   Shai : 982 intra res in ril. – longs get momentum if we do a weekly close abv 998- 1001
[10:36]   Shai : tgt 1074 then
[10:37]   Tejpreet : Thanks Shai for details on Reliance.
[10:40]   Gaurav : shai your views on divis ? good for shorting ?
[10:48]   Shai : divis has gone weak below 1095 and intra day conf of the same is a trade today below 1085 . howver watch that old buyer from last thursday at 1056 to be taken down for a sustained move lower
[10:48]   Shai : 956 positinal tgt if he goes away
[10:48]   Gaurav : thanks shai
[11:43]   RK : Shai Hero had a good run..still upmove possible here?
[11:43]   Vikkas : RK even i am watching the same
[11:43]   Vikkas : its currently ard 61.80 retracement from 2738 to 2384
[11:46]   RK : thanks
[11:47]   RK : closed longs but I think still upside left for the day
[11:48]   Vikkas : 61.80% @ 2603.35
[11:48]   Vikkas : so a rejection there might help to initiate a short 😉
[11:48]   Vikkas : shai pls give ur view as well 🙂
[12:01]   RK : DR Result tmw and ACC 10th..Just for info if anyone watching the moves there
[12:03]   Hari : ACC nicely up for a fresh short RK?
[12:03]   RK : Hari I dont think so..nice momentum there and could be buy on dips with 1270 stops
[12:04]   Shai : hero a bit more still possible upto 2620
[12:04]   Vikkas : thanx shai
[12:04]   RK : 1275 was the high of all days last week..Thursday and Friday dip were bought in ACC for this move and nicely up since open Hari
[12:08]   RK : and that 1275 zone became support today
[12:08]   Shai : acc looking good indeeed – no shorts till abv 1282
[12:09]   RK : Yes..thanks Shai
[12:09]   RK : Ultracem first took off and pulled ACC also now
[12:09]   RK : Ultra was doing merry since last week
[12:10]   Gaurav : Shai Voltas intra and positional targets pls
[12:22]   Vikkas : shai view on asian paint short here ?
[12:25]   Shai : voltas intra obj may be done at 290 – positional cue is if it can sustain abv 292 tom all day then 308/ 316 possible
[12:26]   Shai : asian with a sl of 913 can do 882 again but avoid if today closes abv 904
[12:26]   Shai : selling momentum now only if 882 braks
[12:27]   Shai : breaks*
[12:27]   Vikkas : ok thanx shai
[12:28]   Vikkas : shai can u also chk yesbank ..ur lvl 789 supply is close by …any other lvl abv it
[12:50]   Shai : yes bank supply band is right and watch on closing basis around 3.20 today
[12:50]   Shai : intra day yes is strng abv 382 and can still do 793.8 if it crosss abv 789.5 now
[12:50]   Vikkas : ok thanx
[12:51]   Shai : 761 also a supp now on these volumes
[12:51]   Vikkas : agreed
[13:00]   Sandesh : Shai..ONGC… whats the strategy?
[13:03]   Shai : ongc still believe is good as long as we stay abv 211- 214 roughly closing basis . would get some supply at 226 this week but abvthat can be added for 238 plus
[13:04]   Shai : note : stockslevel sheet is based on a weekly profile and unless marked as intra day all levels are day closing
[13:04]   Sandesh : thanks Shai
[13:05]   Sandesh : Friday was a boring day without you!
[13:05]   Tejpreet : +1 Shai. In fact we should be specific in our queries if we are looking to trade ID.
[13:05]   Shai : mosty between 10.30 to 1.30 the locals take over and stocks can move randomly sometimes above and below these levels and hence not advisable to go with fixed stops
[13:06]   Shai : Sandesh missed the room also- day is not the same without the room
[13:06]   Sandesh : :)(
[13:06]   DrBansal : shai monthly upper tgt of APOLLO HOSPITAL.
[13:08]   Shai : dr 1535 is res in apollo
[13:08]   Shai : 1410 is currently a supp after the reaction fro 1525 last week
[13:09]   DrBansal : THANKS,SHAI.
[13:10]   r m : 🙂
[13:12]   Hari : @shai, hope you had all the fun reading the room transcript
[13:13]   Shai : 🙂
[13:14]   Hari : When the cat’s is away, mice has all the fun, LOL
[14:09]   Ashish : Shai, adaniport looking good for longs, can test 325 now
[14:09]   Ashish : 225*
[14:11]   Shai : has to move abv 217 then 231 can get done
[14:13]   Ashish : Cool, thanks
[15:20]   Viral : any levels on tcs shai?
[15:25]   Shai : 2320 – 2460 braod range – has gone weak on this spike now below 2399 and can tgt 2320