OrderFlow charts and Notes 01/09/15

[08:48]   Kathir : GM All
[08:48]   Manthan : Goodmng Kathir, RMji
[08:49]   r m : Good Morning folks!
[08:49]   r m : Hi Kathir, Manthan 🙂
[08:49]   r m : http://vtrender.com/levels-and-plan-for-1st-sept/
[08:49]   r m : http://vtrender.com/orderflow-charts-and-notes-310815/
[08:49]   Porus : GM RM and all
[08:49]   Kathir : Hi manthan
[08:49]   r m : Hi Porus
[08:49]   r m : http://vtrender.com/consolidated-orderflow-310815/
[08:50]   r m : Nifty SEP Future levels | Key Reference Area 8074 | Hypo1 above 8037➜8074 SL 8008 | Hypo2 below 7961➜7927➜7891 SL 7999
[08:50]   r m : Banknifty SEP future levels | KRA 17466 | Hypo1 above 17310➜17425 SL 17210 | Hypo2 below 17150➜17080 SL 17219
[08:50]   Moses : GM All
[08:51]   Sandeep : GM everyone
[08:53]   Shai : GM all
[08:54]   Vikkas C : Hi RM
[08:54]   Vikkas C : Gdmrng all
[08:54]   r m : Hi Vikkas
[08:57]   Ashish : GM all
[09:00]   Anil : GM All. Anil here. Newbie in MP.
[09:01]   Shai : GM Anil. Welcome to the Room
[09:01]   Rajasekharan : GM all
[09:01]   r m : Hi Anil, welcome
[09:02]   Sandeep : shai buy some puts at the open /
[09:02]   Sandeep : or wait ?
[09:02]   Sandeep : as it should open below 7961
[09:02]   Tejpreet : GM All
[09:03]   Shai : There wasn’t a lot of selling at yesterday’s clsoe so lets see if we get a move closer to 7960 near open
[09:03]   Soumya : Welcome Anil
[09:03]   Shai : and then take orderflow from there
[09:04]   Shai : this gap down is a surprise but after gap ups last week we are 2/2 down this week
[09:05]   Chandrashekhar : GM ALL
[09:06]   Chandrashekhar : rm where can i find that stock sheet?
[09:06]   Chandrashekhar : excel sheet
[09:06]   Chandrashekhar : is this available on vtrender sites?
[09:07]   r m : here you are, it is on the right hand bottom side in the documents folder
[09:07]   Prakash : gm all
[09:07]   Chandrashekhar : got it, thnks much 🙂
[09:08]   Kathir : oops pre open suggests 60 point down NF RM
[09:08]   r m : welcome 🙂
[09:09]   r m : Yes Kathir, but I am keeping that 7400SEP PE, buy below 50 and sell above 60-70 🙂
[09:09]   r m : document folder location – http://screencast.com/t/aSyQV2uymj
[09:10]   r m : 🙂
[09:10]   Sankar : GM Shai, RM, All 🙂
[09:10]   r m : Hi Sankar 🙂
[09:10]   Soumya : Indian market opening has been totally co-related with the closing of s&p 500 from last few days
[09:11]   John : GM all 🙂
[09:12]   Prakash : did 28/8 profile have a poor high
[09:18]   Tejpreet : BN done range 0f 170 plus N still in 20 point range.
[09:19]   Shai : yes 28/08 has a poor high
[09:19]   Shai : NF may attempt 7961
[09:19]   Tejpreet : sHAI IF NIfty spot sustains below 7905 can we look for target 7855 spot.
[09:20]   Shai : Buy is abv 7928 sl of 7907 tgt 7961. buy abv**
[09:20]   Shai : yes tejpreet
[09:21]   Tejpreet : Thanks.
[09:24]   Soumya : buy triggered
[09:24]   Vikkas C : O=H in bnf
[09:25]   Shai : yes put sl in system went up there and did not trigger buying
[09:26]   Shai : today 7961 is critcial for the buyers to cross else we could see 7750 in next few sessions
[09:27]   Shai : second attempt abv 7928
[09:28]   Shai : more greens
[09:29]   Anay : GM All
[09:31]   RK : GM Shai,RM and all
[09:32]   r m : Hi RK
[09:32]   Kathir : Hi RK
[09:32]   RK : Hi Kathir
[09:33]   Prakash : @shai plz adjust 30 min chart, unable to view delta
[09:34]   r m : OAOR in NF
[09:35]   Prakash : OAOR means
[09:35]   r m : Open Auction Outside Range
[09:35]   Prakash : tnks rm 😉
[09:36]   Kathir : @shai any upmve in bnf now ?
[09:39]   r m : http://vtrender.com/glossary/open/
[09:39]   Shai : yes even BNF has some buying at lows can move to 17025 but sl is 16850
[09:39]   Kathir : ok thanks
[09:45]   Shai : @Prakash the 30 min delta has been removed to avoid confusion with the main delta of the day
[09:45]   Shai : a simple calc would be a diff between buy – sell vol
[09:45]   Prakash : tnks shai 😉
[09:48]   Shai : sellers trying to come at higher prices
[09:49]   Shai : NF needs more buyers to sustain up
[09:52]   RK : we had many dip buyers around 7980 for last 2 days..they are under water now
[09:52]   Shai : more important in the context of the week is the orderflow near 7955- 7975 if we get there
[09:53]   Shai : if more greens show that we can see 8130- 8150 else down to 7750
[09:53]   Shai : yes and we are below FA point
[09:53]   RK : we need to see if those dip buyers would come for rescue in that 7955-7975 region..
[09:54]   RK : RM seems like boiler getting ready for toiling 🙂
[09:55]   Kathir : @shai SL same for NF longs ?
[09:55]   r m : 🙂
[10:00]   Shai : can moveto 7914
[10:00]   Shai : vwap has the buyers
[10:00]   Kathir : ok
[10:00]   Shai : if they donn’t hold then shorts take over
[10:01]   Girish : So, short below 7914, Shai?
[10:02]   Shai : IBL is safer with sl abv vwap + filter
[10:02]   Shai : USDINR has backed off from 66.80 and at day lows now
[10:03]   Shai : vix at 25.43 res
[10:03]   Augustin : @Shai – Where would BNF head, below day’s low?
[10:03]   Shai : 16750/ 16440
[10:03]   Augustin : Tks
[10:04]   Shai : exit the NF long trade at cost here
[10:04]   Shai : we will go flat and await the mkt
[10:06]   Shai : OAOR
[10:07]   Shai : vwap/ dpoc again centralised will keep pulling the NF back to i
[10:07]   Rahul G : shai on a ligher note sounder like OPOR 😀
[10:08]   r m : 🙂
[10:08]   Anay : u mean OROP? on a lighter note…r u Rahul Gandhi? 😉
[10:08]   Rahul G : 😛 anay
[10:08]   r m : @Anay, no man, Rahul G here has to work for his livning 🙂
[10:09]   Rahul G : there is another Rahul on this forum so had to rectify it 🙂
[10:09]   Anay : 🙂
[10:09]   Vikkas C : hahaha anay
[10:09]   r m : @Rahul G, better to keep R Goel to avoid such deep insults 😀
[10:10]   Rahul G : sure RM will do it now 🙂
[10:10]   r m : lol
[10:10]   Aayush : anay he cant be rahul gandhi cuz gandhi is so dumb he wont get anything being discussed here
[10:11]   Aayush : 😛
[10:11]   r m : @Aayush, he would tell us that Modi has bought all the shares “ab tumhe kya milega” 🙂
[10:11]   Aayush : 😉
[10:12]   R Goel : Test
[10:12]   Vikkas C : fail
[10:12]   Vikkas C : :p
[10:12]   R Goel : solved rm 🙂
[10:12]   Shai : 🙂
[10:12]   r m : wonderful RG, you are purified now 😀
[10:16]   Prakash : @shai find a way to get the chat msg. reload on relogin, missing a lot btw office & home logins !!
[10:17]   r m : NF probing lower but vwap bands not impresed
[10:18]   Varun : rm whr is the lower vwap bnd
[10:19]   r m : on my chart is just expended to 7899
[10:19]   r m : NF had to literally push it )
[10:19]   r m : 🙂
[10:20]   Varun : vwap probe on
[10:21]   Prakash : hi varun gm
[10:22]   Varun : gm 🙂
[10:22]   Vikkas C : shai can u adjust the 5 mins NF chart pls
[10:22]   Varun : sometimes i am unable to reply cos i am doing it via phone
[10:23]   Vikkas C : varun yest VAL on ..
[10:23]   Varun : done
[10:23]   Vikkas C : and reject from there
[10:23]   Varun : nt getting ref vikas
[10:24]   Vikkas C : im saying going to val and then getting rejected ..try to fill the gap
[10:25]   RK : BNF fell in love with VWAP 🙂
[10:25]   Varun : high chnce we will extend on upside since we rejected below ib
[10:26]   Varun : lows need to be protected for further hammer
[10:26]   RK : VArun but BNF looks like still has a chance probe down further..no sign of bottom as of now
[10:28]   Varun : thn nf will break lows-10
[10:28]   Varun : my point if lows-10 hold we will see postive zone today
[10:31]   Vikkas C : so now if we go abv ibh then we have a FA in NF today ?
[10:32]   Vikkas C : can anyone confirm ?
[10:33]   Varun : yes
[10:33]   Vikkas C : thanx varun
[10:34]   Kathir : @varun Shai’s 7891 is there .so it should not break for upside chances is it?
[10:36]   r m : @Kathir, Shai did not give any target below 7891 so now NF has to search for targets above 🙂
[10:36]   RK : KAthir I think real count down starts from 7891 🙂
[10:37]   Varun : if we range extend on upside we enter avery big sideways zone for a week
[10:37]   Varun : totla boring days
[10:37]   Varun : total khichdi
[10:38]   Kathir : ok all
[10:45]   r m : life gets interesting below 7891 🙂 http://screencast.com/t/SDwEmocEj
[10:47]   Varun : i canly see a big well thr to suck everything
[10:47]   Varun : everyones bearish on street
[10:48]   Varun : only pessimism around
[10:48]   r m : that means up 🙂
[10:48]   RK : RM life has been never interesting na here 🙂
[10:49]   Varun : todays ib holds the key
[10:49]   r m : @RK 🙂
[10:49]   Varun : extend it anyside and take it for long
[10:50]   r m : what lies beyond is always interesting, what we already have always seems insignificant 🙂
[10:50]   Varun : moh maya
[10:50]   r m : lol
[10:50]   RK : lol
[10:50]   r m : @Varun, you mean even if IBL is broken, longs shuld be attempted? 🙂
[10:51]   Varun : noo
[10:51]   r m : ok
[10:51]   Varun : if low + filter goes, big mess
[10:51]   Uttam : then shorts? or wait for price to get back into IB for longs?
[10:51]   RK : long only above 8000 RM to save trouser..we will be getting some flushouts..
[10:52]   r m : yes, though highly unlikely to go but worth trying with stop at vwaps
[10:52]   RK : those dip buyers when they awake, we can join them other wise no longs as of now..
[10:52]   r m : yes RK, small longs above vwap with micro expectations else longs only above yesterday’s IBL
[10:53]   RK : in the mean time our 7400 PE double in a day 🙂
[10:53]   Varun : best long ib high + filter
[10:53]   r m : OK Varun
[10:53]   Kathir : @RM usd/inr breaking lows …nf up?
[10:54]   r m : @Kathir, I don’t think USDINR and NF have one to one relationship any more
[10:54]   Kathir : divorced 🙁
[10:54]   r m : Gov RBI takes interst in USDINR but considers NF as a stepchild 😀
[10:55]   Varun : do we have some progming on charts @rm
[10:55]   Varun : see an lh at 9.15 bar
[10:56]   r m : must be the swing indicator, comparing this low to 7961 yesterday
[10:57]   Anay : looking for 7960 from here. SL 7890
[10:57]   Varun : finalllllllyyyyyyyyyyy
[10:57]   Varun : 😉
[10:57]   Anay : 🙂
[11:00]   Vikkas C : yes anay finally
[11:01]   Shai : we may have another FA at 7901 if we cross abv 7946
[11:02]   Shai : that dip below 7908 has buyers
[11:06]   Shai : Keep an NF sell below 7905 sl of 7937 tgt 7887/ 7859. we short below IBL today
[11:10]   Varun : shai is poc still up fr combined
[11:13]   Varun : buyers coming in sellers den
[11:16]   Anay : poor momentum from bulls 😐
[11:16]   Shai : I’ve been wanting to see buyers abv 7928 all morning but sellers are more aggressive
[11:17]   Shai : combined from?
[11:18]   Varun : yes n today
[11:22]   Shai : from yesterday still at 8000
[11:22]   Shai : vwap band to vwap trade in BNF played out
[11:22]   Varun : shai ur bnf working more than nf on tht trade
[11:22]   Varun : 🙂
[11:23]   Varun : strt giving vwap trades
[11:23]   Varun : i lakh vol spike + pivot point
[11:23]   Varun : back to vwap
[11:24]   Shai : Positional 60 point stop trade : sell NF 7921 sl of 7981 tgt 7854/ 7747
[11:25]   Shai : yes the BNF is a killer for that setup
[11:26]   Varun : wht shld be a relative stop oin bnf if it is 10 on nf
[11:26]   Varun : @shai
[11:26]   Shai : BNF 24
[11:26]   Varun : arithmetically 20
[11:26]   RK : 25
[11:26]   Varun : but as per trades
[11:26]   Varun : cool
[11:26]   Shai : depends on vix – in this environment 40
[11:28]   r m : BNF has one issue though, it always takes stops before moving in trade’s direction, i guess that due to relatively lower liquidity it is easier to trigger stops in BNF compared to NF
[11:28]   Shai : For the positional trade – we have given 2 hours for the buyers this morning and they have not come in so feel a test of that 7850 spot dpoc and below is due here
[11:28]   Varun : no witht this vwap band
[11:28]   Varun : its kind of strict
[11:28]   r m : ok
[11:36]   Shai : 7887
[11:37]   Soumya : buyers near lows
[11:38]   Tejpreet : Vix is killing the options ….so damn expensive …7900 pot at 207 when spot is almost at 7900 !
[11:39]   Sandeep : its a writers market
[11:39]   Shai : vx can hit 33- trigger is at 27.30
[11:44]   Shai : BNF showing buyers
[11:46]   Shai : Intra dayers can take profits here : 11:07 Shai : (11:06) Shai :Keep an NF sell below 7905 sl of 7937 tgt 7887/ 7859. we short below IBL today
[11:46]   Shai : positional keep it open
[11:50]   Shai : intra day vwap band protecting downside for now
[11:54]   RK : some serious volumes in BNF at lows
[11:54]   RK : better to check PE buildup in BNF also..my hunch is that people build PEs heavily with F as hedge in this series
[11:55]   r m : FIIs are buying NF as well as PE while exposed to almost equal short and long CEs
[11:55]   RK : ok
[11:56]   RK : but always these sustained moves below/above key levels scares to hold positions 🙂
[11:57]   r m : yes, it will move up when last stop on downside is taken 😀
[11:57]   RK : remember the way >8600 held for couple of days before we fall big 🙂
[11:57]   r m : yep
[11:57]   RK : sucking zone 🙂
[11:57]   r m : lol
[11:58]   Kathir : RK 2 chat room pls
[11:59]   Anay : NF going for vwap now
[12:01]   Shai : BN can still see 16600 spot
[12:02]   RK : Shai give us 16450 🙂
[12:02]   RK : tmw is fine
[12:03]   Shai : NF new sellers
[12:04]   Shai : yes RK looking for a bounce to vwap to sell
[12:04]   Augustin : @Shai – NF can do the second Intra target today?
[12:05]   Shai : yes 20 points easy below 7881
[12:05]   Shai : sell below
[12:05]   Augustin : Ok.
[12:05]   Shai : below IBL is alll sellers with stps just abv vwap
[12:06]   Shai : this is breaking out from an OAOR with a gap
[12:06]   Augustin : Alright
[12:08]   Kathir : @RM MO -39 now
[12:11]   RK : time for Vix to spike?
[12:11]   Shai : vix 26.10
[12:11]   RK : 🙂
[12:11]   Shai : real pressure builds again now that below 7910 again
[12:11]   Shai : spot
[12:12]   RK : still not seen liquidation in a big way I mean the longs from last 2 days
[12:12]   Tejpreet : Shai as perr weekly levels contra buy with sl be initiated arpound 7855 after booking all shorts now.
[12:13]   Tejpreet : 7855 spot.
[12:14]   Shai : yes that 7850 spot zone is last buyer spot
[12:14]   Shai : If positional Tejpreet initiate part abv vwap only as day structure is still weak below iBL
[12:16]   Tejpreet : Thanks Shai for the update.
[12:18]   RK : 7870 LVN and 7855 spot combo here
[12:24]   Shai : trade reached 7862 today itself – book 50% and trail Bal at 7934 F- (11:24) Shai :Positional 60 point stop trade : sell NF 7921 sl of 7981 tgt 7854/ 7747
[12:25]   RK : this dip had lesser buyers than prev ones..
[12:25]   Shai : yes
[12:26]   RK : next dip if any would lead to LL
[12:26]   Soumya : which means the chances of toching the lows is more
[12:26]   Soumya : *touching
[12:26]   Soumya : What is LL RK bhai?
[12:26]   RK : long liquidation
[12:26]   Sandeep : shai noticed that pc prices are rising much more then what ce prices are falling
[12:27]   Sandeep : what does it denote
[12:27]   Shai : puts being bought
[12:28]   Vikkas C : premiums are soo high
[12:28]   Shai : 26.36
[12:28]   Vikkas C : yes vix
[12:29]   Tejpreet : Vikkas best way is to play ID …overnight carry will be killed by Vix in options.
[12:29]   Vikkas C : but tej most of the game has been happening in the gaps only
[12:29]   Vikkas C : ID players are getting sucked i feel
[12:30]   Tejpreet : Yes Vikkas isn”t playing ID better than being on the wrong side of gap 🙂
[12:33]   r m : 🙂
[12:34]   Vikkas C : true agreed tej
[12:34]   Anay : true Pretty Fast
[12:34]   Anay : 🙂
[12:35]   Vikkas C : vwap and ibl same to same now ..pls take it there for us to short
[12:39]   Vikkas C : u seller take it to vwap and then short
[12:39]   Vikkas C : lol
[12:48]   Soumya : where is our mo?
[12:49]   Kathir : it was around -39 1 hr back
[12:49]   r m : MO -41
[12:50]   r m : going back to sleep now 🙂
[12:50]   Kathir : @RM give you stutend a chance 🙂
[12:50]   Kathir : t
[12:50]   r m : @Kathir, sorry sir, just that MO word typed here woke me up from deep slumber 😀
[12:51]   Augustin : lol
[12:51]   Kathir : @RK I am an certified MOlogist …certified by RM
[12:52]   r m : 🙂
[12:54]   RK : Kathir great we have now two analyst to disturb on MO 🙂
[12:55]   r m : Poor MO 🙂
[12:56]   Kathir : Yes RK but I need some real time experience 🙂
[12:57]   Kathir : bnf spot low 16681
[12:58]   Kathir : @shai is there any contra trade in bnf near 18650 spot?
[12:58]   Kathir : sorry 16650
[12:59]   Vikkas C : damnnn just noticed ..shai changed the 30 mins to 15 mins
[13:00]   RK : Kathir unlike the fall on last week Mon and Tue, today’s move is slow and steady..its just accepting every low and breaking..so picking up bottom may not be right as SL would be hit anyhow..so it would be better to wait for some rebound..
[13:01]   RK : esp BNF
[13:01]   Kathir : ok RK thanks
[13:03]   Varun : makes more sense in 15 mins@vikas
[13:03]   Varun : wht u see on 30 u cn see on daily
[13:04]   Varun : as 9/10 times 30 and daily will coincide
[13:04]   Vikkas C : ok varun 🙂
[13:04]   Sandeep : varun hows nf looking like here
[13:05]   Varun : weak below 7900
[13:05]   Varun : fast bump abv 7900 to 7930
[13:06]   Sandeep : okay
[13:06]   r m : @Kathir, this sheet is on auto, it takes data from various databases including the MO sheet we have here and draws MO vs Nifty spot – http://tinyurl.com/otqnbdo
[13:06]   Sandeep : but the way ots moving looks difficult to scale past 7900
[13:06]   Sandeep : today at least
[13:08]   Shai : oh wow RM
[13:08]   Kathir : yeah great one RM..thanks
[13:09]   r m : welcome 🙂
[13:10]   Hemant : lovely stuff RM. Bookmarked 🙂
[13:11]   RK : RM time setting=10 min for collecting data?
[13:11]   r m : welcome, you have 4 years MO vs Nifty in tables there. Long enough to carry a study
[13:11]   r m : @RK, no these are EOD sheets
[13:11]   RK : oh ok
[13:12]   r m : I just update here when you guys get curious, else only EOD 🙂
[13:12]   Hemant : RM, do you code the excels too? Or its linking and importing data?
[13:12]   RK : as usual great stuff 🙂
[13:13]   r m : @Hemant, linking sheets plus basic formulas from google – a bit of googling helps 🙂
[13:13]   Hemant : Wonderful RM 🙂 Ty for the hardwork!
[13:14]   r m : welcome! when I get bored i play with charts 🙂
[13:14]   Shai : So the data is getting auto updated there?
[13:15]   Shai : for intra?
[13:15]   Hemant : Try to do some macros with it RM, it’ll get faster and a bit learner on your system. Wont hog resources.
[13:15]   Hemant : leaner*
[13:15]   RK : watchout 16623 LVN
[13:15]   r m : @Shai, no, the databases are in other sheets and manually updated by me at EOD just like particpantwise data
[13:16]   Shai : ok
[13:16]   r m : for intra i only update that MO sheet and data is picked up from that by anyother sheet using MO
[13:16]   Shai : nice
[13:17]   Vikkas C : big buyer
[13:17]   Shai : BN ina free all
[13:17]   Shai : 16623 last supp
[13:17]   Varun : vwap bands expanded 60 points
[13:17]   Varun : 🙂
[13:17]   Shai : below last week’s panic lows now
[13:18]   Anay : @RK Good start for the Shemitah month 😀
[13:18]   Varun : does tht doc have any logic
[13:18]   Varun : nt seen
[13:18]   Varun : wht does it say
[13:18]   RK : Anay yeah 🙂
[13:18]   RK : BNF closed shorts 🙂
[13:18]   Varun : shai profile stuck up
[13:19]   Varun : thnks
[13:19]   Varun : little down
[13:19]   Shai : looks like 7746 will be here by close
[13:20]   Shai : some serious vol in that last 5 min ba
[13:21]   Soumya : holding the positional shorts
[13:21]   Soumya : great call shai
[13:21]   Shai : 🙂
[13:24]   Soumya : positional 7746 or more downside shai?
[13:25]   Shai : more
[13:27]   Varun : shai whts dpoc
[13:27]   Varun : ok gt it 90
[13:31]   Shai : 7870 F now res
[13:31]   Soumya : so can that be our stop loss for the positional now?
[13:32]   Soumya : europe down big time
[13:32]   Soumya : lagta hai 7746 will come !!
[13:33]   Shai : No trail at 7892 just abv dpoc
[13:41]   Varun : if at any stage now we enter value via val, book out of shorts
[13:42]   Varun : trail val as s top
[13:42]   Varun : stop
[13:42]   r m : @Varun, you mean developing value?
[13:42]   Sandeep : currently at 7866
[13:42]   Varun : yup
[13:42]   r m : Thanks
[13:46]   r m : vix above 27.30, even CE have stopped losing premium 🙂
[13:51]   Shai : NF
[13:52]   Sandeep : shai looks like your 7747 will come today
[13:54]   r m : Shai’s weekly targets are finished by Monday or Tuesday itself, then market has nothing else to do for rest of the week 🙂
[13:54]   Shai : if we close below 7810 F today we carry for 7650 F
[13:54]   John : 🙂
[13:54]   Sandeep : shai need higher range now to play the entire week
[13:54]   Tejpreet : Below 7905 spot was easy for Nifty to fall 😉
[13:56]   Shai : Sandeep the higher range is in the LVN sheet
[13:57]   Sandeep : okay
[13:57]   Sandeep : was in a lighter vein 🙂
[13:57]   Shai : I know, but we need to know what’s coming
[13:58]   Shai : that 7400 pe is back to 92
[13:58]   Sandeep : still holding shai
[13:58]   Sandeep : didnt trade though
[13:58]   RK : Shai you know what is coming but we only need to know 🙂
[13:59]   Kathir : 🙂
[13:59]   RK : and should not worry you about 7400 PE whenever there is 50 points spike 🙂
[14:00]   Shai : 🙂
[14:00]   Sandeep : yes I never did
[14:00]   RK : 80/50/30 my entry levels of 7400 PE
[14:00]   Hemant : :
[14:00]   Hemant : 🙂 RK Ive stopped asking about 7400 PE
[14:00]   RK : Hemant 🙂
[14:00]   Hemant : Shai told, always have some PE in the kitty
[14:01]   Shai : I was ok with holding it but I know there were some worried faces here wondering what it was all about 🙂
[14:01]   Hemant : Ty Shai, the brilliance is unquestionable!
[14:02]   Shai : 🙂 Thanks- not brilliance seen these kind of moves before and hence a bit more experienced
[14:02]   Uttam : i am also holding the PE
[14:02]   Soumya : me too !!
[14:03]   Hemant : 🙂
[14:03]   Sandeep : even now ce prices not dropping whereas pe prices are rising
[14:03]   r m : Brilliance, when combined with modesty is just unbeatable 🙂
[14:03]   Shai : 28.83
[14:03]   r m : yes Sandeep, Vix at work 🙂
[14:03]   Tejpreet : +1 Shai for your vix updates .
[14:03]   Sandeep : but it should work for ce and pe both na
[14:05]   r m : yes, PEs are going up but CE are on treadmill 🙂
[14:05]   Tejpreet : 7800 PUT AT 232 now did 6 trades for average of 8 points and my first entry was 160 …..once again proves sitting tight is most imp .
[14:06]   RK : 16500 PE from 230 to 620
[14:06]   r m : 7400PE 55 to 103, 8300CE 55 to 41 😀
[14:06]   Tejpreet : Good oservation RM !
[14:07]   Tejpreet : observation
[14:07]   Sandeep : that is what I was referring to
[14:07]   Vikkas C : yaar rk even i chked 16500pe yesterday but looking at the premium chickened out and now pulling my hair ..hahha
[14:07]   Vikkas C : shai can this be a flush out move for longs that we all have been wating for ?
[14:09]   r m : @Sandeep, VIX helping CE to keep still even while earth slipping below their feet 🙂
[14:09]   Sandeep : one should write ce now
[14:09]   RK : Vikkas 🙂
[14:09]   Sandeep : once vix falls value will erode faster
[14:10]   r m : yep, if NF goes to 8300, that CE will still be worth less than 41 🙂
[14:11]   Anay : delta is 1 million in +ve now. still they cudn’t keep it from falling 😀
[14:11]   Kathir : MO -49
[14:11]   Tejpreet : Hope tmrw we get Shai”s 33 on vix and sell options.
[14:12]   Suyash : shai can you show the complete’s day profile for the nifty?
[14:14]   Shai : on screen
[14:15]   Shai : Yes Anay delat suggests some 1 buying the dips as major selling missing from 7880
[14:15]   r m : http://screencast.com/t/iZgQpUvteMB
[14:15]   Shai : delta*
[14:15]   Shai : won’t be surprised with a big retail or an fii buy number today
[14:16]   Suyash : thanks r m. just wanted to check how the day’s structure was looking like
[14:16]   Anay : hmm
[14:16]   r m : welcome
[14:16]   Shai : for now structure is a close at lows but can bounce tom
[14:16]   Sandeep : shai does this mean nf bottoming out
[14:16]   Suyash : yes day’s low close is what i’m expecting
[14:17]   Aayush : fii buying no would be suprising. they are trend followers
[14:17]   Shai : NO Sandeep it is a prolonged DD structure and play between 7500- 8300 for some time
[14:17]   Shai : I think I mentioned it in weekly post
[14:18]   Soumya : Cances of breaking previous lows is also there? 7667?
[14:18]   Shai : yes
[14:19]   r m : below 7682 serious fireworks, remember to bring big bags for carrying money 🙂
[14:19]   Soumya : is the bull market intact shai?
[14:19]   Vikkas C : did someone short tcs
[14:19]   Manthan : Me did at 2605
[14:20]   Vikkas C : super manthan
[14:20]   r m : great!
[14:21]   Shai : 7763
[14:21]   Manthan : but covered early at 75:(
[14:22]   Soumya : when should we cover the positional short bro?
[14:23]   Shai : near 7750
[14:23]   Aayush : so shall not continue for 7650?
[14:23]   Tejpreet : 6800 sept put fetching you 30 premium …thanks to vix.
[14:24]   Shai : Can Aayush, cover just to trade the position- short view remians below 7850 spot
[14:24]   Aayush : ok
[14:25]   Aayush : shai, wondering if u have a mob version where u can just see the chat box..
[14:27]   Hemant : have we entered economic depression? Just curious
[14:28]   Soumya : in 2008 one bank defaulted and had effect on entire world.. here the 2nd largest economy is suffering
[14:28]   Shai : 30.20
[14:29]   r m : 7750
[14:29]   Hemant : Sick Chinese
[14:30]   Shai : 30 min chart is down down down after tha OAOR
[14:30]   Soumya : booked 50%
[14:31]   r m : NF is 5IB down!
[14:31]   Tejpreet : No wonder vix is jumping RM
[14:31]   Kathir : @RM time for you to call your FII friends
[14:32]   r m : @Kathir, they have abandoned me for US debt markets 🙂
[14:32]   Kathir : 🙂
[14:32]   Hemant : lol RM 😛
[14:33]   r m : @Tejpreet, Shai has promised 33 above 27.30, ye dil maange more 🙂
[14:33]   RK : Yes even in BNF he is short of 5 points RM for 16450 🙂
[14:33]   r m : 🙂
[14:33]   Hemant : Any rate cut hopes? Rumours plenty!
[14:34]   Tejpreet : At 33 sell everything and sell some options 🙂
[14:34]   Manthan : Bhai, Rate cut rumour is enough, if rate cut happens where this mkt go???:)
[14:35]   Hemant : 10000 with the kind of vix we are exposed too 😛
[14:35]   Tejpreet : 7800 put call combo costing 470
[14:36]   Soumya : shai exit all shorts here?
[14:41]   Soumya : vix 30 !!
[14:42]   Kathir : 3 more
[14:42]   Soumya : 3 more ke baad kya karenge Kathir bhai?
[14:43]   r m : CE likhenge, vaise Kathir ko Hindi samajh nahin aati 🙂
[14:44]   r m : Kathir planning to write OTM options at VIX 33 🙂
[14:44]   Kathir : 🙂 yeah
[14:44]   RK : RM 6800 PE at 30 and 7000 at 50 🙂
[14:45]   Soumya : Ok.. !!
[14:46]   Anay : what’s dpoc now?
[14:47]   r m : still 7890 on my charts
[14:47]   r m : high up in the sky!
[14:48]   Varun : whewnever we balnce now, this profile needs a repair big time
[14:48]   Varun : till 7890
[14:48]   Anay : 🙂
[14:48]   Sandeep : delta is still +by 1.26 mn
[14:49]   Varun : i dnt know hw to read delta
[14:49]   Varun : it falls with rise in delta and vv
[14:49]   Sandeep : and markets down by 2.9%
[14:50]   Kathir : @Varun see day chart bottom right side delta is there
[14:50]   Sandeep : shai can clarify
[14:50]   Varun : and what does it tell
[14:51]   Varun : it tells + 126
[14:51]   Varun : and we down 200
[14:51]   Kathir : yes Varun I dont know
[14:51]   Varun : no corelation
[14:51]   Sandeep : should be something
[14:51]   Tejpreet : Delta can be positive even because of SC at the lows .
[14:52]   r m : on trend days delta is always on the other side
[14:52]   Varun : so many participants
[14:52]   Varun : who knows whose buying
[14:52]   Varun : and whose selling
[14:52]   Sandeep : shai knows 🙂
[14:53]   r m : lol
[14:53]   Shai : ignore delta – I was mentioning it yesterday too- it’s not dependable as a stdy for all day figures
[14:53]   Varun : ditto
[14:53]   Sandeep : okay shai
[14:53]   Kathir : @sandep RM also knows
[14:54]   r m : @Kathir, why drag this poor fellow amongst biggies? 🙂
[14:54]   r m : I’ll faint on even looking at Shai’s trade size 😀
[14:55]   Kathir : 🙂
[14:55]   Soumya : What is the trade size rm ? hehehehehe
[14:56]   Hemant : Shai, ok to add some calls at close?
[14:56]   r m : never looked at it, mine is 1 or 2 lots 🙂
[14:56]   Kathir : @soum me looking for less than 1 lot soemtimes
[14:57]   Tejpreet : Thanks for clarifying RM I tght the curtain is gonna come down 🙂
[14:57]   r m : lol
[14:57]   Soumya : i was kidding brothers.. just small joke in bloodbath
[14:57]   r m : @Tejpreet, Shai projects only charts not tradebook 😀
[14:58]   Hemant : 😛
[14:58]   Tejpreet : Hahaha RM
[14:59]   Gaurav : Can do a BTST on nf and bnf?
[15:02]   Shai : yes can
[15:02]   Shai : suggest a contra 8000ce call for tom with sl of 98 and tgt 154
[15:03]   Shai : can move sl to 112 if we open in range
[15:03]   Shai : tom
[15:03]   Gaurav : Thanks Shai
[15:04]   Hemant : Shai, ok to Buy 8000 CE this month and sell oct CE?
[15:04]   Shai : yes
[15:04]   Shai : vix beginning to drop from 30
[15:05]   Hemant : Great tyvm
[15:09]   Varun : shai cn u provide with a compact 5 min
[15:09]   Varun : waans ee last balnce in 5 mins
[15:09]   Varun : spike on cards
[15:12]   Shai : 7815 res into tom
[15:12]   Shai : above that 7890 can come
[15:12]   Varun : at present 80 shld hold
[15:12]   Varun : break below 80 again bearsih tone
[15:13]   Shai : 7870 is also vwap of today’s trades
[15:13]   Shai : would also mean 7850 spot
[15:14]   Shai : so around 7870/ 90 F we can initate new shorts again
[15:15]   Sandeep : shai hold that 7400 pe ?
[15:15]   Shai : reduce size, but keep some
[15:16]   Ashish : Shai, what’s the ressistance of 8300 CE?
[15:17]   Shai : 59 and 7
[15:17]   Shai : 70*
[15:18]   Shai : 7815
[15:19]   Ashish : Thanks Shai
[15:19]   Tejpreet : Shorts being driven out in this spike .
[15:19]   Hemant : Good spike 🙂
[15:21]   RK : repeat of last to last Friday script to make everyone believe another MOnday in offer? 🙂
[15:21]   Ashish : Any rumuors of rate cut in market??
[15:21]   Sumit K : @rm : MO?
[15:21]   Hemant : Markets taking in all the psyllium husk today 😛
[15:22]   Sumit K : some reverse repo action today by RBI
[15:22]   RK : Ashish RR is the person who dont swim when a wave is seen about a km away..do you think he cuts rate now when tide everywhere 🙂
[15:23]   r m : @Sumit MO -46
[15:23]   Hemant : RK, tinke ka sahara 😛
[15:23]   Aayush : rate cut will give an impression of weakness in the economy
[15:23]   RK : Hindi nahi malum hai 🙂
[15:24]   Hemant : Oh ho 🙂
[15:24]   Hemant : Disclaimer: Sahara doesnt refer to Mr. Roy here
[15:24]   r m : @RK, Hemant is offering a straw to a drawning man 🙂
[15:24]   Tejpreet : VIX down to 28.9 covered all puts sold now . best one BN 15200 sold at 198 covered now at 175
[15:25]   Tejpreet : Shai thanks for intermittent VIX updates.
[15:25]   r m : *drowning man
[15:26]   Shai : pleasure
[15:26]   RK : lol..even the pillars are washed away in this tide..so he better knows that nothing will work in this mkt condition
[15:26]   Hemant : Drawning too will do RM 🙂
[15:27]   RK : and there are news that China now looking for hedge fund managers..situation worsens for mkt guys over there 🙂
[15:27]   r m : @RK, maybe his sights will be at next year when his tenure ends rather then short term things like market 🙂
[15:27]   RK : lol
[15:27]   r m : @Hemant 🙂
[15:27]   Hemant : lmao @RM
[15:29]   Shai : selling again in last 10 mins
[15:29]   Shai : could be another wild 150 pointer tom
[15:29]   Soumya : down?
[15:29]   Shai : dpoc came down to 7800
[15:29]   Tejpreet : Gap down possible.
[15:30]   Shai : tecniclaly still weak below 7850
[15:30]   Shai : technically**
[15:30]   Shai : BYe all
[15:30]   Vikkas C : bye all
[15:30]   Anay : bye all
[15:30]   Shai : have a nice evening
[15:30]   Moses : Bye all
[15:30]   RK : fantastic day..thanks Shai and all..bye
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Kathir : thanks and bye all
[15:30]   Sandeep : bye everyone
[15:30]   John : Thanks & Bye all 🙂
[15:30]   Tejpreet : Bye All.
[15:30]   Srini A : Bye all
[15:30]   Soumya : bye all
[15:30]   Hemant : Ty folks
[15:30]   Soumya : thank you shai for your guidance
[15:31]   Uttam : see you all, have a nice evening 🙂
[15:31]   Hemant : RM, did 15900 on 15:00 bar get an exit??
[15:32]   Hemant : NF 5 min chart?
[15:32]   r m : will check tick chart
[15:32]   Hemant : Ok M
[15:32]   Hemant : RM*
[15:34]   r m : oops i don’t get buy and sell like this, only ticks and volumes 🙁
[15:35]   Hemant : Ok RM. I was just wondering about the last minute slump..
[15:36]   Hemant : Bar 15:25 15925 sell
[15:39]   r m : yep, but it can only be surmised if he got exit or not

[08:48]   Kathir : GM Friends
[09:23]   Uttam : view on SunPharma Shai?
[09:28]   Chandrashekhar : shai tcs above 2612, is it a buy now?
[09:31]   Shai : sun pharma good abv 895 alll day can tgt 914/ 939
[09:31]   Kathir : @CHAND levels mentioned here is for spot only unles mentioned..
[09:31]   Chandrashekhar : k got it thnks kathir
[09:32]   Shai : yes tcs is a buy abv 2611
[09:32]   Kathir : welcome
[09:39]   Gaurav : ICICI bang on from yesterday Shai 🙂
[09:42]   Shai : 🙂
[10:08]   RK : Shai DR short below 4240 would be ok? Can you advise weekly levels?
[10:11]   Shai : yes getting weaker is a good short below 4242 for 4185 to begin with
[10:13]   RK : thanks Shai
[10:15]   Nandesh : which stock – 10:11 Shai : yes getting weaker is a good short below 4242 for 4185 to begin with
[10:15]   RK : DRREDDY
[10:29]   r m : @Nandesh, only two DR here, RK and DRREDDY 🙂
[10:30]   RK : RM :))
[10:30]   Nandesh : k
[10:30]   Kathir : lol
[10:46]   Manthan : Shai, TCS did not sustained 2612++, now a Sell???
[10:48]   Uttam : today high in TCS 2607 right?
[10:52]   Kathir : yes 2607.15
[10:52]   Naveen : Shai bpcl views please
[10:52]   Manthan : ok, was seeing fut
[10:53]   Kathir : yes manthan here shai gives levels for spot only
[10:54]   Kathir : if for fut he will mention it
[10:54]   Shai : tcs can drop to 2555 again sl is 2614 from here
[10:56]   Shai : BPCL move stopped near 887 yesterday may go sideways today with supp at 867
[10:57]   Naveen : thanks shai
[10:57]   Shai : close abv 890 is a trigger for short covering in bpcl
[11:07]   Vikkas C : shai can u pls chk infy and techm ?
[11:07]   Vikkas C : for longs
[11:12]   Shai : infy 1115 is the trigger today for 1130/ 1154
[11:12]   Shai : positional still holding that spike of results day
[11:13]   Vikkas C : thanx shai
[11:13]   Vikkas C : and techm ?
[11:14]   Shai : techm god avc 515 can do 537
[11:16]   Vikkas C : thanx shai
[11:18]   RK : Shai Asian done for the day or can we still look for 810 today or max tmw?
[11:22]   Uttam : DrReddy testing the 4242 levels
[11:35]   Uttam : DRL sustaining below 4242 so is a sell now Shai, SL will be day high or 4260 levels?
[11:35]   Uttam : sorry 4280 levels?
[11:42]   Shai : sian possibility of 813 is there is u trail at 828
[11:42]   Shai : asian*
[11:43]   Shai : dr sl will be 4290 levels
[11:44]   Uttam : thanks Shai
[11:44]   RK : Asian just made exit as short was from 855..thanks
[11:44]   Vikkas C : rk i was short from 852.50 hahha
[11:45]   Vikkas C : thought booked early at 830
[11:45]   Vikkas C : *though
[11:45]   RK : great 🙂
[11:56]   Kathir : @RK what will the first trgt for TCS above 2615?
[11:58]   RK : Kathir TCS yet to breakout.but above high if there is a move, then worth to hold it for min of 40 points
[11:58]   RK : to start with
[11:59]   RK : and we have Shai’s final target 2700+
[11:59]   Kathir : ok thanks
[11:59]   RK : HUL PE must have frustrated you today Kathir 🙂
[12:00]   Soumya : I think HUL is too over valued
[12:00]   Soumya : With patanjali eating such a big share of market
[12:00]   Soumya : should start showing in numbers soon
[12:00]   Kathir : yeah RK 🙁
[12:14]   Nandesh : ur view on adaniport
[12:22]   Shai : adani weak – 339 looks easy sl abv 355
[12:23]   Shai : 334 big supp
[12:23]   Nandesh : tnx
[12:34]   Gaurav : Shai how is M&M looking short term?
[12:40]   Shai : mnm below weekly val of 1217 will favor sellers- buyers have to bring it abv 1217 for strength- one supp at 1199 here
[12:45]   Gaurav : Thanks Shai
[13:03]   Vikkas C : @RK asian seems to have stopped falling
[13:06]   RK : if mkt remains weak it will move down fast in last hour
[13:08]   Vikkas C : hmm..ok
[13:24]   Soumya : what can be a good price to go long on hdfc bank – any supports nearby?
[13:26]   Tejpreet : Shai is CAIRN a short need your views?
[13:27]   Shai : hdfc bank watch around 980
[13:28]   Shai : cairn weak now on intra below 152 and can see 147/ 145 . is a faster drop below 140 for 121
[13:29]   Tejpreet : Thanks.
[13:29]   Soumya : thank you brother
[13:48]   RK : Shai ultratech can break 2800 this time? doing yo yo for last 2 days..and Friday’s move seems flush out at top..
[14:02]   Uttam : DRL short playing out well Shai, first tgt is 4185 right?
[14:11]   Shai : yes
[14:12]   Uttam : great thanks 🙂
[14:13]   Shai : untracem short was on at 2835 , supp at 2790 valid and beow that can drop to 2630
[14:13]   Shai : 2724 nxt weekly supp
[14:14]   RK : Shai short is from 2925 but not sure to hold it or close it hence asked
[14:14]   RK : thanks for the levels
[14:15]   Soumya : any good stock shorting opportunity now shai?
[14:18]   RK : TCS started melting
[14:20]   Shai : Wow RK, nice 1
[14:22]   RK : many WowS today Shai 🙂
[14:25]   RK : only worry of the day is HCL short order at 959 slipped..it had a spike there and then non stop fall
[14:29]   Shai : nice
[14:29]   Shai : another massive day it is
[14:29]   RK : yes it is
[14:30]   RK : the way price was accepted at lows allowed to sit tight
[14:38]   Uttam : Shai for UltraCem bounce to 2825-30 would be a sell?
[14:46]   Shai : No 2790 is supporting
[14:48]   Uttam : oh ok so no shorts till it is above 2790?
[14:55]   Shai : yes that as also it has fallen from 2890 something today
[14:55]   Shai : too late
[14:56]   Uttam : yep
[15:04]   RK : better to scan the stocks which are bouncing good now..will be front runner if we have trend reversal
[15:08]   Soumya : torrent
[15:08]   Soumya : making all time highs daily
[15:09]   Soumya : dalmia bharat also strongg
[15:17]   Gaurav : Can add SBI or PNB here Shai?
[15:19]   Shai : 233 supp sbin but safe abv 242 only
[15:20]   Shai : pnb strict sl at 132
[15:20]   Shai : safe abv 138
[15:27]   Gaurav : Thanks Shai