OrderFlow charts and Notes 25/02/16

[08:43]   r m : Good Morning folks!
[08:44]   r m : http://vtrender.com/evening-report-trade-dated-24th-feb/
[08:44]   r m : http://vtrender.com/orderflow-charts-and-notes-240216/
[08:48]   Vikkas : Gdmrng all
[08:48]   Vikkas : Hi Rm & Shai
[08:48]   r m : Hi Vikkas
[08:49]   Jitender : Gm Shai, Rm, Folks:)
[08:49]   Venkateswara : GM
[08:50]   Sandeep : GM All
[08:55]   r m : Hi Jitender 🙂
[08:57]   Suresh : Good Morning all
[09:01]   Saahil : GM everyone !
[09:02]   Ashish : GM all
[09:06]   Arvind : GM all
[09:06]   Shai : GM all
[09:06]   Nadeem : Good Morning Folks..
[09:06]   Sharad : GM all
[09:07]   Chirag : GM everyone
[09:09]   John : Good morning Shai, RM and all 🙂
[09:12]   RK : GM Shai,RM and all
[09:12]   Tejpreet : GM All
[09:13]   Deepak : GM Shai, RM, All
[09:13]   Shai : expiry + rail budget – we are going into capital preservation mode today and there will be no alerts today for intra day
[09:13]   Shai : we will trade some moves here off OrderFlow if they come
[09:14]   Shai : but not as an alert
[09:14]   Venkatesan : gm shai,rm and to all
[09:14]   r m : Hi John, RK, Deepak, Venkatesan 🙂
[09:14]   Shai : 7056 higher res – break confirms below 6990 intra day
[09:14]   r m : I have uploaded Near money strikes NF options VWAP and Volume Profile charts on slack
[09:16]   Vikkas : thanx Rm
[09:17]   r m : welcome
[09:22]   Sameer : 7000PE … Bhaiya ye Deewar tutati kyu nahi hai ?
[09:22]   Kris : GM friends!
[09:22]   r m : Hi Kris
[09:22]   Kris : yesterday left suddenly – hope that 24-26 zone that I spoke on 7000PE was useful.
[09:23]   Sameer : Hi Kris, Aaj expiry hai toh 4 to 80 ka formula batayiye
[09:23]   Vikkas : Hi Kris
[09:25]   Uttam : Good Morning Everyone 🙂
[09:26]   Shai : nice work RM – 41 vwap on 7000 pe is excellent
[09:27]   Shai : 16.40 is intra day supp on 7000 pe today- 29 is res
[09:27]   Shai : 19.30 cmp
[09:27]   Arvind : Shai exited 7100 PE at 84
[09:28]   Shai : 41 was also tgt 2 of the pe we entered : (10:52) Shai :Buy 7000 pe at 16 – No SL – hold till tom close tgt 26/ 40
[09:28]   Arvind : was out yesterday and was holding 7100 pe
[09:28]   Shai : nice 1 Arvind
[09:28]   Arvind : thnx
[09:28]   Shai : 84 very good exit
[09:29]   Shai : 7100 pe over 85 for 30 mins is another cue to a market breaking lower
[09:30]   Shai : mentioned here before that we track the option charts separtely on their own volumes – but in expiry week bring the spot, fut, and options togther makes more sense as a tracker
[09:35]   Shai : (09:14) Shai :7056 higher res – break confirms below 6990 intra day
[09:36]   Sandesh : what opening type today ?
[09:36]   Venkatesan : guess oaor?
[09:37]   r m : Not outside range either, it is in and out of range 🙂
[09:38]   Shai : Open below VAL – looks 2 way
[09:38]   Venkatesan : thank you rm
[09:38]   Shai : but seller will have the edge below VAL/ POC
[09:38]   Shai : BNF OAIR
[09:38]   Shai : and yesterday was well balanced
[09:38]   Venkatesan : thank you shai
[09:39]   Uttam : BNF could be 805
[09:39]   Uttam : 80% here?
[09:40]   Shai : possible
[09:40]   Shai : sl day lows
[09:41]   Sandeep : reversed from 28.9 (09:27) Shai :16.40 is intra day supp on 7000 pe today- 29 is res
[09:43]   Shai : BNF go for 80% rule trade – tgt 855/ 920 sl below 770
[09:44]   Nadeem : van anyone pls enlighten me with the 80% rule
[09:44]   Nadeem : *can
[09:45]   Venkatesan : entry in value area from outside results in 80% of time the price reaching other end of value (applicable to balanced profiles)
[09:46]   RK : Nadeem after a balanced profile day, when you open below VAL and climbs up into value area there are chances you may reach VAH..better to book 50% at POc and trial rest till VAH..vice versa for open above VAH..
[09:46]   Sameer : Nice explanation : http://www.marketdelta.com/blog/wp-content/uploads/Strategy-80PercentRule.pdf
[09:46]   RK : *open or auctions below VAL in open auction
[09:47]   Sameer : The 80% Rule is a simple, yet powerfulvalue area trading strategy which was firstmentioned in The Profile Reports (DaltonCapital Management 1987 – 1991).It stated that there is an 80% chancewhen a market opens (or trades) aboveor below the value area, and then tradesin the value area for two consecutive halfhour periods, then the market has an 80%chance of filling the entire value area.
[09:48]   RK : better to take this trade on non event flat open days..
[09:48]   Nadeem : Great… thanks folks
[09:49]   Venkatesan : yes no rule on expry dday
[09:49]   Venkatesan : yes rk
[09:49]   Sandesh : but heard 80% rule works when previous day is balanced
[09:53]   Nadeem : @Sameer, thanks for the link
[09:54]   Agam null : v
[09:55]   Shai : vol is decent – but more like a wait mode at open today
[09:55]   Shai : we could have a swinging afternoon for sure
[09:56]   Vikkas : +1
[09:56]   Shai : larger ref area is 7131- 7156 above and 6918/ 6784 below
[10:03]   r m : Anyone has a clue to rail budget presentation time, loksabha session begins at 11am but could not get precise time for budget presentation
[10:03]   RK : BNF shows reds in both series
[10:03]   Ganesh : rail budget at noon
[10:03]   Vikkas : i think its 12
[10:04]   RK : Should be over by 12-12.30 RM
[10:04]   r m : Thanks Ganesh, Vikkas
[10:04]   Vikkas : ohh
[10:04]   r m : Thanks RK
[10:05]   Jitender : 1:54 hrs left fr budget to begin
[10:10]   Vishal null : hi….by mistake I logged our
[10:10]   r m : no problem, nifty is sleeping 🙂
[10:11]   Vishal null : and missed today post here were can I see
[10:12]   r m : (*** Private to Vishal null) send a pm to me, i’ll paste the history in your pm box
[10:16]   Jitender : (09:55) Shai :we could have a swinging afternoon for sure(09:56) Shai :larger ref area is 7131- 7156 above and 6918/ 6784 below
[10:17]   Jitender : (09:43) Shai :BNF go for 80% rule trade – tgt 855/ 920 sl below 770
[10:19]   Uttam : IBH break in the wrong time 😉
[10:19]   Vikkas : was just typing the same thing uttam ..lol
[10:19]   Vikkas : and we have a seller right there
[10:20]   Uttam : Kris not here else he would have confirmed it Vikkas 😉
[10:21]   Kris : I am here Uttam 🙂
[10:21]   Shai : BNF staying at the edge of the VAL
[10:21]   Uttam : hey Kris, your fav set up here 😉 one of your fav at least?
[10:22]   Uttam : break of vwap in NF could be a fresh short Shai?
[10:22]   Kris : yes! easy to enter – defined SL – so I take it most of the times.
[10:23]   Uttam : your option trades are really awesome Kris, will take tips from you sometime on it 🙂
[10:25]   Kris : @Uttam – I am an out and out Shai student!
[10:26]   Kris : Most of the things learnt from him
[10:28]   Sameer : Shai, 7056 far away from IBH of 7028, can reversal still happen from 7056 ?
[10:28]   Kris : another 17 minutes – 7038-7042 if it comes – should be interesting!
[10:29]   RK : with 3.5 vol dpoc shifts up..Shai, shorts coming at rise?
[10:29]   Sameer : @Kris, for upside or downside ?
[10:29]   Shai : exit if you are in BNF on the 80% rule
[10:30]   Shai : not showing enough greens abv val wanting to take it higher
[10:30]   Kris : @Sameer – expecting 6970-7060 day today
[10:30]   Kris : I will try to play mean reversion on extremes.
[10:30]   Sandesh : shai what to do with 6900 PE ?
[10:30]   Uttam : and it doesnt rake that much time also right Shai for 80%, it should have at least hit YPOC by now
[10:31]   Sandesh : can we leave it for whole day ?
[10:31]   Sameer : ok thanks Kris…seems like 7056-7060 great level to take big short for memorable day 🙂
[10:32]   Kris : @Sameer – I am expecting not one way – but – may be one or two trips – close at highs of the day! 🙂
[10:32]   Sachin : @shai, can you suggest any reason, why NF March FUT is trading higher than Feb fut?
[10:32]   Kris : again – no scientific basis – just a bit of tape reading – and – chessattrade 🙂
[10:33]   r m : @Sachin, cost of carry for a farther month is always greater then for near month
[10:33]   r m : unless a major dividend payout is scheduled next month 🙂
[10:34]   Sameer : @Kris…I know you say that on twitter but still your calls work perfectely 🙂
[10:34]   Sameer : especially 40 to 80 Rule
[10:35]   Sachin : @rm, could not understand that. can you help me explain that again..
[10:36]   Sameer : Ambuja Wall still at 7000PE though today lesser OI additions
[10:36]   RK : Sachin forecasting future month carries extra penny and near month lesser..that’s a logic
[10:36]   Sameer : @Sachin … factor in interest cost
[10:36]   RK : ulta logic of mine 🙂
[10:37]   r m : @RK, yes, that risk is the higher factor then interest even 🙂
[10:37]   RK : true
[10:37]   Sachin : thank you buddies…
[10:37]   r m : who knows better then the one who always carries them 🙂
[10:37]   RK : lol
[10:38]   Venkatesan : premium paid to writter for taking risk
[10:40]   Shai : Putting this as a failure in BNF above the VAL probe
[10:40]   Shai : absolutely no interest
[10:40]   Shai : march also
[10:40]   Sameer : @Shai … similar lack of interest in NF ?
[10:40]   Venkatesan : shai selling pressure more in bnf than nf?
[10:40]   Shai : yes
[10:40]   Shai : BNF weaker
[10:41]   Venkatesan : thank you
[10:41]   Shai : 13524/ 13400 is the tgt and conf is a break below range of yesterday
[10:43]   Varun : shai wht was poc of bnf
[10:44]   Varun : 848 ?
[10:44]   Uttam : yep Varun
[10:44]   Varun : k
[10:49]   Vikkas : charts are stuck shai
[10:49]   RK : works
[10:49]   Vikkas : lol ..hardly price moving so i thot its stuck ..
[10:50]   RK : blame it on terminals then 🙂
[10:52]   Vikkas : 🙂
[10:53]   Porus : Bulls stacking up the rocks at 6900
[10:54]   Sameer : Its just 0.7…How much profit they can make out of it with so much risk
[10:55]   Sameer : No significant additions at 7050 CE
[10:56]   Porus : Sameer, look at 7100 and 7050 combined
[10:57]   Sameer : Heighest OI of series still intact at 7000 PE
[10:57]   RK : Porus but you were supposed not to allow any leakage at 7000..why then moving rocks to 6900? 🙂
[10:59]   Porus : The Huns are too srong.
[10:59]   Porus : strong
[10:59]   Shai : 6900?
[11:00]   Sameer : Shanghai -4%
[11:00]   Jitender : fourth day in row wen yuan was set lower
[11:01]   Shai : net vol is still higher at 7000 pe
[11:01]   Porus : Shai, they took 7200, then 7100. Now 7000 is max vol, but 6900 is also building up.
[11:05]   Porus : Just continuining yesterday;’s lesson in Indian History 🙂
[11:06]   Shai : 🙂
[11:06]   Shai : all waiting for the train to start
[11:06]   John : 🙂
[11:06]   Shai : they will hop along
[11:07]   Porus : Hope the handbrake is off…
[11:07]   Sameer : Humke ne ticket nikalke window seat pakad li hai
[11:07]   Jitender : Suresh Prabhu will wave the flag soon:)
[11:07]   Shai : 🙂
[11:08]   Sameer : What if rail&union budget turned out be with lot of hikes and taxes on middle man
[11:08]   Sameer : middleclass***
[11:10]   Porus : That is pretty much the expectation. So look out for the unexpected…
[11:14]   Misaal : @shai if one were to short nf right now. What would be sl ?
[11:14]   Vikkas : theres soo much of pessimisim and negativity abt the stock mkt that i doubt any big crack will come now ..prolly they will try there best to take it up from here and they crack it hard from say ard 7150-7200 lvls..
[11:14]   Misaal : march
[11:15]   Vikkas : but no being biased, will trade what the charts show 🙂
[11:15]   RK : am personally looking for super duper railway budget
[11:15]   Sameer : How Rail budget will affect NF ?
[11:15]   Vikkas : +1 RK
[11:16]   RK : Sameer in today’s condition mkt need smthing to hold tightly
[11:19]   Sameer : First time I am seeing no increase in railstock before budget
[11:21]   Shai : Missal 7153 SL march on 10 min closing basis
[11:24]   Uttam : @Sameer all the years Railway related stock used to go higher before the budget & fall badly on budget day, this time may be it will go u after the budget
[11:30]   Sameer : @Shai…Anybody tracking CONCOR today ?
[11:31]   Sameer : Is omnovia or terminal slow or mkt itself not moving waiting for Mr. Prabhu ?
[11:33]   Misaal : wow. too far.
[11:36]   Uttam : another wide poc in the making today so far…
[11:36]   Kris : Very interesting trade in 7100PE – 45.35 – any volumes there? Nifty high is 7030 – so 7100PE should not have gone below 65-70.
[11:41]   Sameer : Budget to start at 12 noon …. CONCOR FLAT
[11:42]   r m : @Kris, 225 were donated at 45.35 🙂
[11:42]   Uttam : wrb coming up in NF?
[11:42]   Uttam : FA mostly getting confirmed in NF?
[11:42]   Uttam : reds in NF now
[11:43]   Uttam : broken vwap too
[11:45]   Sameer : whats pdl at 7008/3 ?
[11:45]   Vikkas : previous day low
[11:47]   Uttam : 7008 is the pdl
[11:47]   Kris : thanks RM 🙂
[11:49]   Uttam : Value completely developing lower so we could have a DD down day today?
[11:51]   r m : Yes Uttam unless Prabhu shocks the world by generating more surplus in railway budget then the deficit in general budget 😀
[11:54]   Venkateswara : Acc to marketcalls.in, IB Range is 81. How can that be?
[11:54]   Uttam : lol RM
[11:55]   Uttam : FA confirmed in NF
[11:55]   Uttam : IBL broken in BNF
[11:56]   Kris : 7000PE – booked a few at 26. If it wants to give more – it will still give a chance to enter at 16 again 🙂
[11:56]   Tejpreet : 7050 call in at 4.95 and earlier had 6950 put at 4.7 …so I can watch both movies budget and expiry for less than 10 rupees 😉
[11:58]   r m : +1
[12:01]   r m : Railbudget link https://www.youtube.com/watch?v=aC4pnTtJHSs
[12:02]   Vikkas : thanx rm
[12:02]   r m : welcome
[12:02]   Uttam : full day OF all whites except for one 1L green @ bottom
[12:03]   Kathir : Hi all
[12:03]   Uttam : and yes 6L sellers in top 2 rows
[12:03]   Arvind : what about popcorn teji
[12:04]   Vikkas : all the best guys ..rail budget starts
[12:08]   Vikkas : shai can u pls give trgt for the 7000pe
[12:08]   Uttam : 40
[12:09]   Uttam : res today @ 29 I think Shai gave in the morning
[12:09]   Vikkas : and abv that 😉
[12:09]   r m : 100 😉
[12:10]   Shai : 7000 pe headed to 41
[12:10]   Uttam : above 40 could see 60 & 80 on my charts
[12:10]   Jitender : +1 Shai
[12:10]   r m : Thanks Uttam
[12:10]   Vikkas : thanx uttam
[12:10]   Uttam : if it is able to sustain above 100, we could see 180 today 😉
[12:10]   Vikkas : aane do
[12:11]   Uttam : 6820 😉
[12:11]   Shai : 36.37 and 41 pitstops for the big lot holders sl below 17 STILL
[12:11]   Sameer : @Shai … Hedged with 7050 CE…Safe to exit ?
[12:12]   Ashish : Shai, now we are trading belol 6990 reference level. What could be the downside targets now?
[12:12]   Vikkas : shai ihave already made the 7000pe FOC 😉
[12:12]   Shai : ashish conservative 6959/ 6918
[12:12]   Ashish : Thanks Shai
[12:13]   Uttam : 6960 if prev week low of spot nifty & most likely we will be breaking that
[12:13]   Uttam : as already an outside bar on weekly for Bank Nifty to Nifty will not lag behind 😉
[12:14]   Venkatesan : shai, bnf short , target please
[12:14]   Uttam : 40 here on 7000 PE
[12:14]   r m : yep
[12:15]   Uttam : super call Shai 🙂
[12:15]   Kathir : 12:12 Shai : ashish conservative 6959/ 6918
[12:15]   Kathir : @venk soory i thought nf 🙁
[12:16]   Venkatesan : no issue kathir
[12:17]   Venkatesan : 13644 may be firtst target
[12:17]   Shai : some reds on the 1st attemt at 41
[12:18]   Shai : (12:11) Shai :36.37 and 41 pitstops for the big lot holders sl below 17 STILL
[12:18]   Uttam : do we keep a TSL below 17 now for the PE Shai?
[12:18]   Shai : 28 sl – need to rise abv 41
[12:18]   Shai : 28 manual
[12:18]   Uttam : cool, thanks
[12:18]   Vikkas : too good shai
[12:18]   Sameer : @shai … 28 SL for all positions ?
[12:18]   Shai : if it breaks 28 on vols may drop to 17
[12:19]   Shai : don’t let profits go
[12:19]   Shai : yes Sameer- but don’t enter in sytem
[12:19]   Shai : track it
[12:19]   Shai : 33.3 now
[12:20]   Kathir : @shai what is bnf trgt ?
[12:20]   Kathir : 13400 possible today?
[12:20]   Prudhvi : shai levels for 7100 pe?
[12:20]   Kris : 15L OI reduced in 7000PE
[12:21]   Sameer : Kayamat
[12:21]   Kris : keep watching it – when it comes to 50 – if it does before 2PM – and NF above 6950 – 7K CE at 5-8 points may give great returns!
[12:21]   Shai : thanks Kris- very useful
[12:22]   Kris : 50L OI I meant
[12:22]   Shai : 7100 pe Prudhvi- 84 was the trigger . Has hit 124 and can do 154
[12:22]   Kathir : thanks kris
[12:23]   Shai : 7100 pe holds an outside cahnce at 276 inline with the expecattion of a swing down expected
[12:23]   Kathir : @kris 50 L OI in 7k ce?
[12:24]   Kris : yes Kathir.
[12:24]   Kathir : got it thanks
[12:25]   RK : 6900CE eroding fast
[12:25]   Sameer : Till now no 1L+ order seen ?
[12:28]   Sameer : @Kris…But big OI additions at 7000 CE ?
[12:29]   Kris : (10:30) Kris :@Sameer – expecting 6970-7060 day today
[12:29]   Vikkas : claps kris
[12:32]   Shai : 7000 ce is higher
[12:36]   Jitender : in 7kce+6950pe buy..cost 25
[12:36]   Sameer : below 28
[12:37]   Kris : hmm… have not seen volumes in any PE indicating bottom is made for today.
[12:37]   Kris : bought 7000PE again at 17. 🙂
[12:37]   Sameer : Salute Shai…what a fall from 28 to 18
[12:38]   Sameer : Me too Kris but at 19 🙁
[12:39]   Sameer : @Kris…at what level targetting to sell again ?
[12:41]   Kris : @Sameer – 27 half – 41 1/4 and rest we will see 🙂
[12:41]   Kris : with Shai – there is nothing much to think.
[12:42]   Kris : he does all the hard work for us 🙂
[12:42]   Shai : cheers man 🙂
[12:44]   Kris : 27 done!
[12:44]   Uttam : super Kris 🙂
[12:46]   Jitender : +1 Kris:)
[12:46]   Kris : Shai knows I am not greedy – kept another sell order at 38 itself 🙂
[12:46]   Shai : +1
[12:46]   Shai : nice
[12:47]   Shai : If you have more than 10 fingers – can i borrow 2?
[12:47]   RK : even a nail is fine with me 🙂
[12:47]   Prudhvi : 😀
[12:47]   Shai : 🙂
[12:47]   Kathir : 🙂 RK
[12:48]   RK : I can use that scratch and that would be fortune with what he is doing with his fingers..bulky wala 🙂
[12:48]   Shai : amazing how he does it – pick up, execute, exit — mind blowing
[12:48]   r m : 🙂
[12:48]   Uttam : yes & aptly he calls it Chess @ trade
[12:48]   Sameer : @Kris…Eagrely waiting for your 7000CE call
[12:49]   RK : Varun and Kris – they way they trade – if you watch it, you will forget your plans and orders 🙂
[12:49]   RK : *the way
[12:49]   Shai : weak below 7015 now this mkt
[12:50]   Shai : abv 7015 may rusn up to a neutral extreme and 7065/ 7090 with sl of 6992 but here seller in control
[12:51]   Ravi : Shai.. any fresh shorts/longs in NF?
[12:51]   Shai : highs of the 2 wrb’s/ vwap additional ref
[12:52]   Sameer : 6985 ke kuch khaas hai kya ?
[12:53]   Sameer : pe**
[12:53]   Shai : No Ravi – no alerts today
[12:55]   DrBansal : Shai,Tomorrow any positional call for surprise in budget on monday.?
[12:56]   Shai : NO Dr – we will play it safe
[12:56]   Kathir : guess positinals will be taken after IB hour tomrw..just my view
[12:56]   Uttam : better post event I guess?
[12:58]   Shai : https://vtrender.slack.com/files/kris123/F0P08R5JT/slack.png
[12:59]   Shai : He made 97K in that trade !!! wow
[13:00]   Kathir : amazing..congrats annaya
[13:00]   Kathir : annaya means brother 🙂
[13:00]   RK : Shai I think that’s just 1/10 image,,better check with him 🙂
[13:00]   r m : @RK lol
[13:01]   Kathir : lol
[13:01]   Jitender : @Rk..u mean mtm is 1/10 of yrs 🙂
[13:01]   Kathir : 🙂
[13:02]   RK : Jitender to be frank, just one trade since morning and not willing to trigger anything today..so with Kris am not even peanut powder 🙂
[13:02]   Kathir : @RK only easy clue I have is to get kris’s bank account passwords 🙂
[13:02]   Sameer : @Shai … Do you expect break of 6960 or we done with bottom at 6960 …as we were expecting 100 on 7000 PE or is it still on ?
[13:02]   Jitender : @Rk..:)
[13:03]   Venkateswara : Congrats Thammudu 🙂
[13:03]   r m : @Kathir, Kris is a software eng., even God may find it difficult to hack into his A/C 🙂
[13:03]   RK : book a ticket, we will stay at Kris office for a week, then Pune 1 week, Delhi 1 week and finally DD 1 month to spen some and then book a pvt jet back to coimbatore 🙂
[13:03]   RK : *spend
[13:04]   r m : good idea! 🙂
[13:04]   Vikkas : what abt mumbai Rk 🙁
[13:04]   Jitender : @RK a trip to macau ib between:)
[13:04]   Jitender : in
[13:04]   r m : lol
[13:04]   Kathir : super 🙂 one month in DD beautifull
[13:04]   RK : Vikkas its a trip to earn man…spots I mentioned are people who can show you fortune 🙂
[13:04]   Jitender : double or we will repeat yr schedule:)
[13:04]   Vikkas : just kidding bro 🙂
[13:04]   RK : If I come to Mumbai you guys will loot us by partying 🙂
[13:05]   r m : lol
[13:05]   Vikkas : hahaha
[13:05]   Sameer : 13:02 Sameer : @Shai … Do you expect break of 6960 or we done with bottom at 6960 …as we were expecting 100 on 7000 PE or is it still on ?
[13:05]   Kris : thanks friends!
[13:05]   Shai : 12:59 Kris : I am short from 7230 via 7200PE Shai, converted to 7100PE, 7050PE – and today 7000PE.13:00 Kris : because of those profits – tried a bit aggressive trade 🙂
[13:06]   Shai : nice raised to infinity 🙂
[13:06]   Kris : actually there is nothing that is done here – today – just followed Shai levels – 7000PE 17-29-41 that is it.
[13:06]   Kathir : @RK you are right..this trade is just one 🙂
[13:06]   Jitender : Take a bow Kris..Shai seldom gives ‘infinity’ compliments:)
[13:06]   RK : Sources say he is now conservative with 7kPE and looking agressive the 6900PE 🙂
[13:06]   Shai : Sameer here watch 7015 : (12:49) Shai :weak below 7015 now this mkt(12:50) Shai :abv 7015 may rusn up to a neutral extreme and 7065/ 7090 with sl of 6992 but here seller in control
[13:07]   Kathir : thats the experience kris..we have to learn from you
[13:08]   Sameer : @Shai…You asked to sell at 28 which I did….But I bought back at 19…Should I hold for tgt 100 or sell all at 40 ?
[13:08]   Shai : cover part near 40 sl stil 14 if holding till close
[13:08]   Sameer : ok thanks Shai
[13:09]   Shai : if we cross that vwap f 41 then only next leg can start
[13:09]   Shai : raise sl to 28 if we cross 42 and ride
[13:10]   Jitender : budget ovr
[13:10]   Sameer : sold few at 37.4
[13:10]   Jitender : latha says disappointing
[13:11]   RK : expect a bounce then!
[13:11]   Kris : (12:46) Kris :Shai knows I am not greedy – kept another sell order at 38 itself 🙂
[13:11]   Jitender : in terms of achievement trgts
[13:11]   Kris : done!
[13:11]   r m : budget over, now market should resume its path 🙂
[13:12]   RK : no screenshots pls..already enough goosepumps 🙂
[13:12]   RK : @Kris
[13:12]   Sameer : @Kris … bought 7000CE at 7.8
[13:12]   Vishal null : 41.90 operator indication need to work above 5 min
[13:13]   Varun : 6964
[13:13]   Kris : Ok – bought a few 7000CE at around 8 – no SL.
[13:13]   Varun : almost
[13:13]   Kris : close at 3.15
[13:14]   RK : here comes the next man who is talking about SD3 expansion 🙂
[13:14]   Vishal null : I mean 41.90 nervous 90
[13:14]   Sameer : Thanks Shai…https://slack-files.com/T0F2YRXQT-F0P0ADN2E-ee5133a07f
[13:14]   Sameer : https://slack-files.com/T0F2YRXQT-F0P0ADN2E-ee5133a07f
[13:15]   Sameer : and Thanks Kris
[13:15]   Sandeep : wow samir…awesomeness 🙂
[13:15]   Jitender : Grt Sameer
[13:15]   Jitender : We rin company of daily lakhpati’s:)
[13:15]   Shai : http://live.reuters.com/Event/India_Budget_2016
[13:15]   Jitender : r in
[13:15]   Chirag : Vtrender is full of DIIs.
[13:15]   Chirag : Congrats sameer and kris. 🙂
[13:16]   Vikkas : kya bolna chahte ho sir (13:13) Varun :6964
[13:16]   Shai : Outstanding Sameer
[13:16]   Kris : super Sameer!
[13:16]   Tejpreet : Record breaking day , superb sameer n kris !
[13:17]   Vikkas : damnnn..too good sameer
[13:17]   Sameer : Thank you … resuming to work tommorow so wanted to bet big as I cannot be full time on trading room(though I really want to be here)
[13:17]   Vikkas : kris the master is leaving his effect on everyone here 😉
[13:17]   r m : Great Going Sameer, Congrats! 🙂
[13:19]   Kris : the correct trade would have been 6950CE at 26 – but – after 3 very good days – do not want to stretch things.
[13:22]   Shai : 2 greens at lows could be cover orders
[13:24]   Kris : 7K PE at 70L still – not much covering – but 7K CE is being written very fast.
[13:25]   Kris : I still belive this will be an expiry above 7K – let us see.
[13:27]   Uttam : Kris that 7k CE at your buy levels?
[13:27]   Kris : yes Uttam
[13:29]   Uttam : you will have a similar exit route for it also? exit few @ 50% then @ 75% & hold rest for max?
[13:33]   Uttam : 7k CE can do 12-24-40?
[13:36]   Sameer : @Shai … safe to buy 7000 CE above 7015 ?
[13:42]   Shai : yes can
[13:44]   John : @RM, im stunned by seeing the volumes from our room guys 🙂
[13:44]   r m : @John 🙂
[13:45]   r m : I’ll balance some day by showing my 2 lots 🙂
[13:45]   Venkatesan : sameer you have average it down or bot at one lot?
[13:45]   Jitender : @John…Janak & Rk haven’t posted yet
[13:45]   John : lol 🙂 cheers 🙂
[13:45]   Jitender : @rm…lol
[13:45]   Venkatesan : lol
[13:45]   Varun : shai cn u adjust 30 mins
[13:46]   Varun : bring it slighlty lower
[13:46]   John : @Jitender, They are busy it seems 🙂
[13:46]   r m : @John, 🙂
[13:46]   Jitender : yup…
[13:46]   r m : maybe theirs don’t fit the columns 😀
[13:47]   Kris : (13:13) Kris :Ok – bought a few 7000CE at around 8 – no SL.
[13:47]   Jitender : 🙂
[13:47]   John : lol 😀
[13:47]   Kris : exited a fwe at 15.
[13:47]   Venkatesan : lol
[13:49]   Uttam : super Kris another doubler
[13:56]   Sudheer : Seems Evry dip being bought
[13:57]   Sudheer : March is Rally Series ?
[13:59]   Shai : there is some short covering happening but not big buyers yet
[13:59]   Sudheer : ok
[14:01]   Uttam : IBL+vwap at same level now, sustaining above that only could give a bounce
[14:03]   Shai : 41 on the 7000 pe is being defended
[14:04]   Uttam : break below 15 now on the 7k PE means expiry may happen above 7k?
[14:05]   Kris : @Uttam – 7040? 🙂
[14:05]   Uttam : yes that 7k CE does give those tgts Kris
[14:05]   Shai : 7000 ce writers are adding big
[14:06]   Shai : surprisingly no big volume ticks in March F
[14:06]   Shai : in both NF and BNF
[14:06]   Ravi : to collect the premiums on safe.. which strike we can go for shorts Shai?
[14:07]   RK : Vwap test 3rd time now
[14:07]   RK : or 2nd?
[14:07]   Shai : safety wise and for premium collection short at 2.55 pm when iv gets filtered for series
[14:07]   Vikkas : twice done ..this cud have been the 3rd time since its broken below it
[14:07]   Shai : closing 2 strikes
[14:08]   Shai : 6950 or 7050
[14:16]   Varun : shai cn u lower 30 min
[14:16]   Varun : need to see flow near 7025
[14:18]   Uttam : we have a FA @ 7030 so we could address that once today?
[14:20]   Vikkas : why FA at the top uttam in NF ..isnt it a poor high
[14:21]   Varun : thnks
[14:21]   Shai : won’t be visisble in 30 mins
[14:21]   Varun : shai cn u add dval/dvah 20 mins
[14:21]   Shai : but even april saw selling there
[14:21]   Varun : in first left box
[14:21]   Varun : 30 mins
[14:21]   Varun : along with other info
[14:21]   Shai : in the box for price?
[14:22]   Shai : yeah can be done
[14:22]   RK : Shai yes that would be helpful
[14:22]   Varun : vwap
[14:22]   Shai : ok noted
[14:22]   Varun : thanks
[14:22]   RK : thanks
[14:23]   Muhammad : @shai poor highs in nifty?
[14:29]   Uttam : BNF new lows
[14:30]   Uttam : but greens in BNF now Shai?
[14:32]   Shai : yes poor highs and balanced profile at lows
[14:32]   Shai : value is still lower
[14:32]   Muhammad : thx
[14:32]   Shai : but there is evidence of short covering at lows today
[14:33]   Shai : if we push down lower into the close thinking of buying a 7100 ce March
[14:34]   Uttam : if we push lower?
[14:34]   Uttam : we will play for a bounce is it for tom?
[14:34]   Shai : spx futures hit 1920 today- see 1918 again as supp
[14:35]   Shai : cmp 1924- path looks to be abck to 1936
[14:36]   Shai : yes if we spike lower we buy
[14:36]   Uttam : yesterday was a good recovery in US markets Shai, we have a FA @ lows there yesterday?
[14:36]   Shai : avoid if expiry is here
[14:37]   Shai : was trend down – no FA – obj was 1991 and hit
[14:40]   Vikkas : NF is making a very weird looking profile today ..lol
[14:40]   Uttam : as per google data IB low was 1892 & it made another low 1891 in next 30 mins but did not sustain & later closed above IBH?
[14:41]   Vikkas : finally abv vwap
[14:42]   Vishal null : value are booking 7000 centre Kristen
[14:43]   Vishal null : 7000 ce I mean Kristen
[14:45]   Vikkas : someone is trying to make expiry close abv 7000 desperately it seems ..lol
[14:45]   Kris : (13:19) Kris :the correct trade would have been 6950CE at 26 – but – after 3 very good days – do not want to stretch things.
[14:45]   Sameer : So 7000 PE writers were not as dumb as we thought 🙂
[14:45]   Kris : 6950CE did 50+ 🙂
[14:45]   Vikkas : wow kris ..superb
[14:46]   Uttam : great Kris, would love to learn your chess trade set up
[14:47]   Kris : BTW, booked out 7000CE at 16.
[14:47]   Kris : no positions now.
[14:47]   Sameer : /\ Kris
[14:48]   Kris : Take a bow 7K CE and PE – both have been equally profitable! 🙂
[14:49]   Kris : Friends – agian – the purpose of posting the screenshot is not a sign of arrogance – it is actually a student showcasing skills to his master – and asking him if he has passed the exam!
[14:49]   Kris : It has been an enjoyable expiry – take care.
[14:49]   Vikkas : 🙂 hope to become a student like u someday kris ..all the best buddy
[14:50]   Kris : Would try to get in to the room as frequently as possible.
[14:50]   Vikkas : yes that wud be just awesome
[14:50]   Nadeem : nice trades Kris
[14:51]   Sameer : @Shai … last expiry you made “5 times” call in last 1 hr from 5 to 25….Any such luck today 😉
[14:51]   Uttam : sure Kris we will all get to learn so much from u
[14:51]   Sameer : It was PUT options I guess to 7320
[14:52]   Sameer : 7420***
[14:53]   Vikkas : if anyone wants to see todays move in NF & BNF then pls see candlestick charts of 5 mins TF and see the kichdi its made today ..lol
[14:54]   Sameer : Option will soon enter in discount mode
[14:55]   Sameer : Option Prices*** … please dont carry ITM Feb options, you will end up paying heavy taxes
[14:56]   Sameer : I did that mistake last expiry
[14:58]   Shai : sellers
[15:00]   Sameer : 7000 PE not yet in discount mode
[15:02]   Kris : 6500PE bought at 41 – carrying for tomorrow.
[15:02]   Kris : if there is a major selloff tomorrow – that will bring some old jungle sayings into picture! 🙂
[15:02]   Misaal : @shai at what value you buy 7100 marcg ?
[15:02]   Misaal : march
[15:06]   Shai : only if greens come Missal
[15:06]   Shai : all those earlier greens at 6965 are covering
[15:07]   RK : Shai all of it just started exactly from 2.50 🙂
[15:08]   Shai : yes
[15:08]   Shai : 7000 pe still 32
[15:08]   Misaal : oh
[15:08]   Kris : @Shai – it will close below 41 for sure!
[15:09]   Shai : greens were the only option fr a counter trend as we have a buying tail between 6875- 6940
[15:09]   Shai : but withut supporting greens no view on longs here
[15:10]   Kris : @Shai – first day selloff lows stay for the rest of series – with MO above -45, that is the best bulls should aim for 🙂
[15:10]   Shai : hmm
[15:11]   Ganesh : March series, 7000 PE has highest OI among CE and PE
[15:11]   Misaal : @kris old jungle saying is after first day sell off, series should not break day 1 lows ?
[15:12]   r m : 🙂
[15:12]   Kris : yes Misaal – generally if first day selloff happens – I go long at 3.20 that day – with day low SL for Monday 🙂
[15:13]   Misaal : i see. thanks for share.
[15:15]   Shai : expiry done here
[15:15]   Shai : 6966
[15:15]   Uttam : tail is from 6875-6915 Shai?
[15:15]   Shai : anyone trading feb F here?
[15:15]   Shai : can we shift to March?
[15:16]   Uttam : yes Shai sure do change
[15:16]   RK : yes we can shift
[15:17]   Sameer : Whats cost efficient to suqare off “short 7K CE” or “let it expire” ?
[15:17]   Uttam : Shai can you also change the compo profile to March?
[15:18]   Arvind : I think Sameer square off
[15:18]   Shai : some greens at lows in NF march
[15:18]   Sameer : But i have to pay 20 brokerage for that right ?
[15:19]   Sameer : Why no discount seen in 7000 PE yet….is mkt still going to fall ?
[15:19]   Arvind : because lately the stt calculations have gone wierd
[15:20]   Sameer : @Arvind…but thats only for option buyers…right ?
[15:20]   Arvind : any way its better to speak to your broker and do accordingly
[15:20]   Uttam : BNF got a spike close Shai? could you put BNF also MArch
[15:20]   Shai : BNf marc on screen
[15:20]   Shai : H6 is March
[15:20]   Uttam : oh ok thanks Shai
[15:21]   Uttam : POC for NF March @ 6995?
[15:22]   Shai : yes
[15:22]   Shai : some greens are there in Mar but no conf from options on buy vols
[15:22]   Shai : profile is balanced and we will take a view at open tom
[15:22]   Shai : no carrying anything here
[15:22]   Uttam : BNF will be a spike close from 13760-600
[15:23]   Shai : could trend at the open in NF tom
[15:23]   Vikkas : fast fingers 😀
[15:23]   Shai : yes BNF a spike- good spot
[15:25]   Uttam : so open below today’s low will be a short in BNF for 13500/400 levels?
[15:25]   Shai : yes
[15:26]   Shai : timid expiry and a timid rail budget too
[15:26]   Shai : weird that both did not create firecrackers
[15:26]   Jitender : Shai..7k pe writers lost….:)
[15:27]   Jitender : in last 30 min
[15:27]   Kris : Varun and me discussed last friday that expiry can be either 6868 or 6969 🙂
[15:27]   Kris : He won it – 6969 🙂
[15:28]   r m : 🙂
[15:28]   Tejpreet : Pretty accurate expiry pedicition 😉
[15:29]   Uttam : big seller in NF MArch?
[15:29]   Uttam : 1.6L>
[15:30]   Uttam : this candle another 1.57L buyer
[15:30]   Kathir : thanks and bye all
[15:30]   Vikkas : bye all ..happy evening
[15:30]   Jitender : bye all
[15:30]   Ashish : Thanks and bye allo
[15:30]   Arvind : Bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Shai : some greens to close the show
[15:30]   John : bye all:)
[15:30]   Uttam : thanks all & have a nice evening 🙂
[15:30]   Deepak : Thankyou all and bye all…
[15:30]   Sameer : bye all
[15:30]   Tejpreet : Bye All
[15:30]   Nadeem : bye..
[15:30]   Uttam : yep Shai greens in BNF too
[15:30]   Viral : bye all
[15:30]   Suresh : bye all
[15:31]   Shai : Bye all
[15:31]   Shai : Have a nice evening
[15:32]   Porus : bye all
[15:37]   Venkatesan : bye all

[09:56]   RK : Hero,Tisco on watchmode for series VWAP close
[10:13]   Dharmesh : please give reliance level for intra
[10:17]   Dharmesh : please give reliance level for intra
[10:20]   Shai : ibtra day RIL weak below 952 and 1st obj was at 942 and 2nd 938- abv 952 can do 958
[10:21]   Tejpreet : Shai views on HDFC ,id …finally managed to cartch the lows .
[10:21]   Dharmesh : ok thanks
[10:22]   Shai : 1014 intra supp hdfc and res at 1033
[10:23]   Shai : wait for one to break for next leg
[10:23]   Tejpreet : Thanks Shai.
[10:23]   Tejpreet : Look at INFY tumble .
[10:40]   Chirag : @shai,ONGC sustaining above the monthly VWAP,any trade opp there?
[10:41]   Tejpreet : Shai ICICI next major support band positional.
[10:43]   Shai : ongc intra day abv 212.5 can give 214.6 and 215.6 sl below 210.1
[10:44]   Shai : icici if 185 goes today then 173/ 176 band next
[10:44]   Chirag : okay thanks.:)
[10:45]   Tejpreet : thanks shai.
[11:47]   Viral : shai any levels on crompton greaves?
[12:02]   Shai : cromgreav good abv 136 all day and a closing abv 136 can put it up to 147/ 151 with stops below 130
[12:02]   Viral : thanks shai
[12:02]   Shai : higher res on weekly is 159 and if that is crossed can run to 185- all starts with 136 here
[12:03]   Shai : some news buzz today right?
[12:03]   Viral : thanks shai are some strong rumours of buyback
[12:03]   Viral : may be 160-170
[12:06]   Viral : yea today is the board meeting
[12:32]   Kathir : @shai positional views for south bank long
[12:41]   Shai : south bank very week trending down has a minor supp at 16.3- 15.7 band
[12:42]   Kathir : ok shai OI up 300 % today s
[12:43]   Kathir : thank u shai
[12:45]   Kathir : @Tej still holding infy PE?
[12:46]   Tejpreet : No kathir i got to milk many cows , only 2 hands …but what a fall 1
[12:46]   Tejpreet : 2.20to12.45 that 1120 put.
[12:47]   Kathir : 🙂 nice tade tej
[12:47]   Kathir : trade
[12:47]   Tejpreet : kathir i ony did that 2.20 to 4.8 part !
[12:48]   Kathir : bhai you doulbled it sir..super
[12:48]   Tejpreet : 🙂
[12:53]   Hari : @shai, your views on biocon pls
[14:00]   Tejpreet : rm does heckyl give option pain , can you check for maruti
[14:06]   r m : no it does not give option pain, it gives details of max active puts and calls though
[14:14]   Tejpreet : ok thanks …. think it is around 3600
[14:35]   Sandesh : hi shai
[14:36]   Sandesh : whats your veiw on LT?
[14:51]   Vikkas : crompaton cracked and how ?
[14:51]   Vikkas : *crompton
[14:53]   Hari : @shai, u there
[14:54]   Viral : below 136
[14:54]   Viral : was a waterfall
[15:26]   Tejpreet : Shai maruti greens in of at lows around 3400 in MB can you confirm.
[15:28]   Shai : yes am here4
[15:29]   Shai : No can’t see many greens in Maruti
[15:29]   Hari : you views on Biocon pls
[15:31]   Shai : biocon 454 is a supp but not liking the drop below 467 toay
[15:31]   Shai : now needs to climb abv 475 for new buy interest