OrderFlow charts and Notes 02/09/15

[08:46]   Manthan : Mng RMji
[08:47]   r m : Good Morning folks!
[08:47]   r m : Hi Manthanji 🙂
[08:47]   r m : http://vtrender.com/levels-and-plan-for-2nd-sept/
[08:47]   r m : http://vtrender.com/orderflow-charts-and-notes-010915/
[08:47]   r m : http://vtrender.com/consolidated-orderflow-010915/
[08:47]   r m : Nifty SEP Future levelsKey Reference Area 7726 | Hypo1 above 7859➜7924 SL 7798 | Hypo2 below 7726➜7659➜7643 SL 7769
[08:48]   r m : Banknifty SEP Future levels | KRA 16355 | Hypo1 above 16630➜16733➜16800 SL 16520 | Hypo2 below 16500➜16355 SL 16630
[08:53]   Ashish : GM RM and friends
[08:53]   r m : Hi Ashish
[08:55]   Sandeep : GMall
[08:56]   Chandrashekhar : Good morning rm and all
[08:56]   Rajasekharan : GM all
[08:56]   r m : Hi Chandrashekhar
[09:01]   Shai : GM all
[09:01]   Sankar : GM RM, Shai and everyone.
[09:01]   Tejpreet : GM All.
[09:01]   r m : Hi Sankar
[09:02]   Augustin : GM all
[09:03]   Anay : GM All
[09:05]   Vikkas C : GM all
[09:05]   Moses : GM All
[09:05]   Girish : GM all
[09:07]   Kathir : GM Shai RM all friends
[09:08]   r m : Hi Kathir
[09:08]   John : GM all
[09:08]   Srini A : GM All
[09:10]   Bhagya : what is nifty fut yesterday wap
[09:11]   Sankar : Shai, the calls to be booked at opening? or wait for ur confirmation?
[09:11]   r m : 7852 on my charts
[09:11]   r m : NF vwap
[09:11]   Bhagya : ok
[09:11]   Bhagya : ohlc
[09:12]   Gaurav : Do we book calls at open if it Hypo 1 gets activated?
[09:13]   RK : GM Shai,RM and all
[09:13]   r m : Hi RK
[09:13]   Prakash : gm all
[09:14]   RK : yday VWAP and values are daily updated in the blog under levels post..
[09:14]   Kathir : @RM yvwap 8006?
[09:14]   RK : 7858
[09:14]   Anay : 7852
[09:14]   Anay : on my charts
[09:15]   Kathir : it is there in the left side top in our chart yvwap says 8006
[09:15]   RK : Kathir I think the box here is not updated
[09:15]   Kathir : oh ok
[09:15]   r m : 1921-7946-7751-7792 OHLC
[09:15]   r m : box updates with first tick
[09:15]   r m : data not flowing in the chart so far 🙂
[09:16]   Soumya : charts not updating
[09:16]   Kathir : yeah
[09:19]   Shai : test
[09:19]   Anay : ODI
[09:19]   r m : updating now
[09:19]   Vikkas C : haha anay
[09:19]   Shai : 7855 is the area to watch for upsides
[09:19]   Shai : 🙂
[09:20]   Uttam : TSL of CE @ 112?
[09:20]   Shai : book
[09:20]   Shai : that wa sonly for open
[09:21]   Uttam : oh ok
[09:24]   Shai : could be an inside day vix permitting
[09:25]   Shai : 7870- 7805 are my areas of interest for change
[09:27]   Gaurav : Do we sell below 7805?
[09:29]   Shai : we will alow it a few mins
[09:29]   Shai : morning selliing at 7850 but no push yet lower
[09:30]   Shai : you see dip buying in every 5 min bar so far
[09:30]   Gaurav : Ok thanks Shai
[09:36]   Shai : Buy NF abv 7830 sl of 7805 tgt 7857/ 7870
[09:36]   Shai : we will keep a buy abv vwap and see if it checks that area aroung 7855/70
[09:38]   Kathir : @Shai any buy in bnf?
[09:41]   Shai : bnf buy abv 635 only
[09:42]   Kathir : ok hypo levels..thanks
[09:42]   Shai : that 8000 ce can also be traded with sl 112 al day
[09:43]   Kathir : is ZT working fine..it says servet not ready for me
[09:44]   Sandeep : its same for me…orders rejected
[09:44]   Srini A : No Kathir. I think there are connection issues
[09:44]   r m : yep, their lines with exchange are down
[09:44]   Kathir : zerodha guys they sent a masg regarding this ..some connectivity issues with exchage
[09:45]   Soumya : orders are pending
[09:48]   Kathir : @sow will they accept phone orders?
[09:49]   Sandeep : shai nf buy triggered
[09:50]   Shai : yes
[09:52]   Shai : BNF hit by selling at poc
[09:52]   Shai : dpoc**
[09:58]   Hemant : Kathir phone lines of zerodha busy.. for some time now.
[09:58]   Sandeep : its working now in zerodha. I used Kite
[09:59]   r m : Thanks Sandeep
[10:00]   Kathir : yeah working thanks sandee
[10:02]   Sandeep : looks like there are two Sandeep now
[10:02]   Sandeep : in the room
[10:02]   Sandeep : yes 🙂 i am Sandeep N
[10:03]   r m : I thought duplicates were only in bollywood 😀
[10:03]   Kathir : lol
[10:03]   Hemant : lmao
[10:04]   Girish : All fancy names – Kite, Pi, Q etc.
[10:05]   Girish : Very minimalistic in terms of actual reliability – IMO – Zerodha is proving to be
[10:05]   Shai : exit the NF long trade here 7825 now
[10:11]   Shai : incase anyobe into option long calls go for a ratio spread as vx will dip below 27.3 to 24.80 or about 10%
[10:11]   R Goel : shai can you give an example of ratio spread
[10:12]   Shai : 8300 ce is 40 so one of 8000 ce buy at 130 can be sold against 2 of 8300 ce at 80, sl is yesterday lows or 7725 tgt 7940 again
[10:12]   Shai : 40 x 2= 80
[10:13]   Aayush : shai so ur of the view that low has been made?
[10:13]   R Goel : okay thansk
[10:13]   Shai : for next 2 days only
[10:13]   Aayush : ohh
[10:14]   Shai : holding yesterday lows + a few more my view is that we retest 7890 or even 7925 in 1- 2 sessions
[10:14]   Shai : but vix should drop and hence spread
[10:16]   Tejpreet : Shai views on selling 15500 BN put at 250 for next 2 sessions target to cover when vix falls .
[10:17]   Shai : yes, sl 16410 F
[10:17]   Shai : below 16410 can drop to 16050
[10:18]   Tejpreet : Thanks will keep SL .
[10:26]   Bhagya : 7890 nifty fut possible and I am long
[10:28]   Shai : poss abv 7858
[10:29]   Shai : Buy BNF abv 16630 sl of 16575 tgt 16690/ 17635
[10:30]   Sumit K : 16735
[10:30]   Shai : 16735* yes thanks
[10:31]   Shai : NF also a buy abv 7858 sl of vwap tgt 7874/ 7890
[10:32]   Shai : or we look for another opp to re- initiate that buy at vwap now that there are more willing buyers
[10:34]   Tejpreet : Booked half 15200 put for 40 point gain.
[10:34]   Soumya : so we wait for the price to touch vwap band to buy?
[10:36]   Kathir : charts there?
[10:37]   Shai : yes
[10:38]   Kathir : got it
[10:40]   Aayush : NF long triggered na?
[10:40]   R Goel : yup aayush
[10:41]   R Goel : vwap will be sl
[10:41]   Shai : yes
[10:41]   R Goel : shai can we take BN again above vwap this time
[10:41]   Shai : yes
[10:42]   Shai : BNF is a n aggressive buy here with sl of 16520 for 16530 again
[10:42]   Aayush : 16630*?
[10:42]   Shai : 16630**
[10:42]   Uttam : yep
[10:43]   Shai : Buy NF again 7845 sl of 7821 tgt 7874 . existing traders keeep sl at 7821
[10:44]   Shai : there are new buyers in NF at vwap and leaning on them to defend the price there
[10:45]   R Goel : shai there is a blue line at 7820 in the second delta chart
[10:45]   R Goel : what does tht specify
[10:46]   Shai : that should move up to 7844
[10:47]   r m : it is dpoc
[10:47]   R Goel : is that day POC
[10:47]   Shai : almost equal vols at 7820 and 7844 but like I said yesterday the intra day 5 min is faster
[10:47]   R Goel : okay thanks rm
[10:47]   r m : welcome
[10:51]   Uttam : BNF aggresive buy SL hit
[10:52]   Uttam : guess better to buy BNF once it is above vwap
[10:55]   Girish : BNF SL triggered?
[10:56]   Shai : yes just hit and climbed
[10:56]   Girish : whippy
[10:56]   Shai : for the benefit of new room mates, an aggressive trade is to be traded with a smaller size
[10:57]   Shai : enter NF sl in system
[10:57]   Uttam : yep hit & run case ho gaya 😉
[10:57]   Uttam : NF SL hit
[10:57]   Chandrashekhar : High convictions trades are positinal and can play with big lots, isnt it
[10:57]   RK : Sellers creeping here
[10:58]   Vikkas C : and how rk
[10:59]   RK : below VWAP many red ticks Vikkas and dPOC also moved down now
[10:59]   Vikkas C : no no ..i meant they come in with a bang
[10:59]   RK : back to where it was
[11:00]   Shai : NF stopped
[11:00]   RK : I think domestic playing table tennis here
[11:00]   Srini A : BNF is rabid today
[11:00]   RK : rapid or rabbit Srini 🙂
[11:01]   Srini A : I meant rabid dog RK 🙂
[11:01]   Uttam : BNF below 16410
[11:02]   RK : Axis was weak from the open..
[11:02]   RK : Pvt banks are hitting BNF poorly
[11:03]   Sandeep : Bnf aggressive buy didnt keep sl before, was happy that it bounced, then kept SL and it got hit again loll
[11:04]   Kathir : bnf kra 16355
[11:05]   RK : KRA+band+vol spike.
[11:06]   Uttam : we could buy BNF above 16465 Shai?
[11:06]   r m : ysterday SEP futures added 428 contracts to OI while 681432 contracts traded, looks like only intra trades in SEP futures 🙂
[11:07]   RK : in NF RM?
[11:07]   r m : yes
[11:07]   RK : ok
[11:07]   r m : BNF OI went up by large number yesterday
[11:07]   Uttam : yep EOD there was huge increas in OI in BNF but NF was almost same
[11:07]   Kathir : @shai is this open now -10:17 Shai : below 16410 can drop to 16050
[11:08]   Shai : that is positional sl 16640
[11:08]   Kathir : ok thanks
[11:08]   Shai : NF morning buyerss in trouble
[11:08]   Shai : vwap is now a sell zone
[11:09]   RK : they are outnumbered by sellers at top
[11:09]   Shai : yes
[11:10]   Vikkas C : big buyer
[11:10]   RK : so he decides the trend today
[11:10]   Vikkas C : yes rk ..right at ibl
[11:11]   Bhagya : 7790 crucial, below that bears will ride
[11:11]   RK : he is getting company Vikkas
[11:12]   Varun : sl 81 trgt 27
[11:12]   Vikkas C : yes
[11:12]   Varun : lets see
[11:12]   RK : 55 to 35 morning went well
[11:12]   Varun : 55 to 10 went well 😉
[11:12]   RK : lol
[11:13]   Varun : 63 was extension handle
[11:13]   RK : once saw Shai’s buy whistle booked that Short 🙂
[11:13]   Varun : see the sellers at 60 in full day
[11:13]   Varun : thy dnt seem to be locals
[11:13]   Varun : same who created extension handle yesterday
[11:13]   RK : Yes realised that much later..
[11:14]   RK : so you finally changed your side? 🙂
[11:14]   Varun : i flip within seconds fr 20 points
[11:14]   Varun : 😉
[11:14]   Varun : at 81 i will go sar
[11:15]   RK : am talking abt 200 points view not 20 points 🙂
[11:15]   Varun : 7900 was cut off
[11:15]   Varun : and see what it did below 7900 ysterday
[11:15]   RK : yes
[11:15]   Shai : yup good view about that 7860, personally was biased abv 7830 all morning for at least 7872
[11:16]   Shai : now BNF in pain
[11:16]   Varun : i give extension handles
[11:16]   Varun : lot of imp
[11:16]   Varun : cos thy normally creted by otf
[11:16]   Shai : yes
[11:17]   Varun : stop trigrf
[11:18]   Kathir : @RM bnf trades Shai’s positional levels intrday basis 🙂
[11:19]   RK : Yeah Kathir these are the days like milk them with hands and legs :)..soon we will get that grinder mode 🙂
[11:20]   Kathir : 🙂 day tarders love this RK 🙂
[11:21]   Prakash : @varun, euro fut. r green, wt if euro opens +0.5% – impact on NF
[11:22]   Varun : cnt say much abt tht
[11:22]   Kathir : @RK today delta is in right side – 1.6 l
[11:22]   RK : ok
[11:22]   Varun : seems a rotation inside day
[11:22]   Varun : cos ib range bug
[11:23]   Varun : big
[11:23]   RK : VArun 60 exten handle on today’s IBrange basis or from any prev ref?
[11:23]   Varun : hardly see 80 points ib extending inside day
[11:23]   Varun : yesterday
[11:23]   Varun : see l period
[11:24]   Varun : L
[11:24]   RK : ok before that final break
[11:24]   Varun : shai had a big blue line thr, dnt know why
[11:24]   Varun : so we got a 4lkh vol spike thr
[11:24]   RK : maybe anomaly over there
[11:24]   Varun : after a 30/40 point move
[11:24]   Varun : inside day
[11:25]   RK : 7860 anomaly there
[11:25]   Varun : entire candle reversed within itself
[11:25]   Varun : seems 10 point stop need to change if vix change
[11:25]   Varun : to something like 18/20
[11:27]   Varun : imop test bar
[11:28]   RK : again climbing into IB with green ticks means move up
[11:28]   Varun : ya abv ib is a buy
[11:28]   Varun : fr vwap
[11:28]   RK : with potential FA
[11:29]   Varun : cld be 50 at vwap
[11:29]   Varun : 50 at ib high
[11:29]   RK : cracking
[11:29]   Varun : therfore wait till ib low
[11:30]   Varun : dnt want to short as 80 point ib
[11:31]   Varun : vwap sd3 was somewhere her only
[11:31]   Varun : buyers in 30 mins
[11:34]   Kathir : it moved down further ..RM where is it no
[11:34]   Kathir : now
[11:42]   Kathir : @RM where is vwap band sitting now?
[11:42]   Kathir : nf
[11:42]   Vikkas C : we r flat here right ..no trades open ??
[11:43]   Anay : not able to clear dval
[11:43]   Kathir : trade for short is open I guess with SL vwap+ filter..need confirmation from Shai for trgts
[11:45]   r m : @Kathir, 3sd band at 7761 on my charts
[11:45]   Kathir : ok nandri hai
[11:46]   r m : please translate in Hindi, enlish, Urdu or Panjabi, Tamil nahin maloom 😀
[11:47]   Chandrashekhar : shai, BNF puts can be sold?
[11:47]   Kathir : 🙂 it is combination of tamil and hindhi saying “thank you ”
[11:47]   r m : welcome sirjee 🙂
[11:48]   Kathir : @chand positional shai’s view is 16050 below 16410
[11:48]   Chandrashekhar : so only around 16100 we should take a view about puts, thank u kathir
[11:52]   Kathir : welcome chand yes pls confirm with shai
[11:55]   Chandrashekhar : is there a FA at lows @BNF ?
[11:56]   r m : FA will be if it goes back to IBH and there are only single prints below IBL
[11:58]   r m : already traded below IBL for more than 30 minutes so technically a successful auction in BNF 🙂
[11:58]   RK : BNF way below water 🙂
[12:00]   r m : 🙂
[12:01]   Tejpreet : In BN 14900 and 15000 put the bid ask spread is average 4 rupees in fact ince the spread hit rs 8 is it normal …anyone can enlighten.
[12:05]   Shai : it is 140 to 159
[12:08]   Tejpreet : Didn’t get you Shai .
[12:15]   Varun : @rk 🙂
[12:15]   Shai : oh you were asking about spread .
[12:15]   Tejpreet : Yes
[12:15]   Shai : for OTM the 500 strikes are most liquid in BNF
[12:15]   Shai : 15500- 16000- 16500 and so on
[12:16]   RK : Varun yeah they made it
[12:16]   Tejpreet : Ok got it …the lowest my terminal allowed to sell was 14900 🙂
[12:17]   RK : Shai 80% tried here with such a IB range?
[12:19]   Shai : No 80% as yesterday was a trend day
[12:19]   RK : but bias pushing to sell here with 7860 SL
[12:19]   RK : ok got it
[12:19]   Bhagya : 7860 seller is holding nifty strongly below that
[12:20]   Shai : yes 7860 is the seller
[12:20]   Bhagya : big buying seen only once he gives up orelse till then bears have upper hand
[12:20]   Shai : may close back at 7810 again
[12:20]   Shai : can’t see a big intra day bias here now
[12:21]   Tejpreet : Is a test of that seller around 8760 possible as we have hit vwap from lows .
[12:21]   Vikkas C : 7860 tej
[12:21]   Vikkas C : lol
[12:21]   Tejpreet : 🙂
[12:22]   Tejpreet : Hnds are aching Vikkas too many orders punched in today.
[12:22]   Tejpreet : hands
[12:22]   Vikkas C : haha
[12:22]   Kathir : @ vikkas Tej speaking about RK he sold 8760 🙂
[12:23]   RK : lol Kathir..I would have been now then sitting at my newly opened office at Singapore 🙂
[12:23]   Tejpreet : Lol ….Kathir holding from 8760 to 7800 …noteven possible in my dreams.
[12:24]   Shai : tejpreet 2nd round of selling was at 7830
[12:25]   Kathir : 🙂 RK tej
[12:25]   r m : @RK, better in India, you got ony 6hr 5 minutes workday 🙂
[12:25]   Shai : abv 7830 maybe 7860 again
[12:25]   r m : **6 hr 15 minute
[12:26]   RK : RM yep :)..may be some day when learnt the art of sitting tight for 1000 points of BNF..:)
[12:26]   r m : 🙂
[12:32]   Kathir : @RK max profit i booked in bnf in a single trade is 600 points that too gap up by modi & co:)
[12:33]   RK : Kathir have locked many 500+ but all of them made 800-1500 after exit..thats the concern 🙂
[12:34]   Kathir : @RK आप सही हैं
[12:34]   RK : but always allocate only 10% in swing portfolio for BNF
[12:34]   Kathir : ok
[12:35]   Kathir : nf testing that 7830 sellers agin
[12:35]   Tejpreet : Kathir you know hindi
[12:35]   Kathir : again
[12:35]   r m : @Tepreet, Kathir s a wizard 🙂
[12:35]   Tejpreet : 🙂
[12:36]   Kathir : @Tej I dont Know hindhi copy from google translator ..RM is my boss
[12:36]   r m : now RK will have to ask someone about the meaning of what Kathir wrote 🙂
[12:36]   Tejpreet : Hahaha
[12:36]   RK : RM I got only square boxes over there so I thought it was smiley :))
[12:36]   Kathir : 🙂 lol even I dont know to read that
[12:36]   r m : lol
[12:38]   RK : Vwap today looks like a stubborn bamboo of my school days maths teacher 🙂
[12:38]   RK : dont know its going to punish whom
[12:39]   Tejpreet : Let us take that bamboo and touch that 7860 seller once 🙂
[12:39]   Kathir : defenetly it will not punish your maths teacher
[12:42]   Kathir : @RM where is bnf vwap ji
[12:42]   Vikkas C : 16485
[12:42]   RK : we are there now
[12:42]   Kathir : ok it is visible now 16479
[12:44]   r m : above vwap it will be a valid IB Band trade!
[12:45]   Vikkas C : +1 rm
[12:46]   Kiran : rm for BNF also ?
[12:47]   Chandrashekhar : rm, that Means long aboe 16500? where is IBH?
[12:48]   Vikkas C : IBH @ 16779
[12:49]   Bhagya : bought nifty and bank nifty
[12:49]   r m : 16635 is single print I think
[12:49]   Kathir : sellers for bnf @ 16620 30 range only
[12:50]   Kathir : so it may go there easily above vwap
[12:50]   Srini A : It has cme back to 400 now
[12:50]   Kiran : do we consider rejection from IBL and vWAP ?
[12:50]   r m : 🙂
[12:51]   r m : rejected from IBL
[12:51]   Bhagya : stopped out
[12:51]   Anay : 100 pts in a jiffy 😉
[12:52]   Kathir : @ sold bnf near vwap covered 🙂
[12:53]   Srini A : Very good trade Kathir 🙂
[12:53]   Sandeep : brave trade
[12:53]   Kathir : thanks 16470 to 400
[12:53]   Bhagya : everyday is not a trading day and always tough to trade neutral days.
[12:54]   Tejpreet : Good trade Kathir
[12:54]   Kathir : @srini SL was 25 points above vwap so small SL for BNF
[12:54]   Kiran : i think more time to be given above vwap then better to buy.
[12:54]   Srini A : SL of 25 is blink you miss types 🙂
[12:55]   Kiran : hum apas me hi NEFT kar lete hai. Why to go to exchange.
[12:56]   r m : Yes Kiran, will save on Brokerage and STT 😀
[12:58]   Kiran : so look for next trade.
[12:58]   Kiran : it was IBL and PDL also
[12:58]   RK : this test could break 7830
[12:59]   RK : minor spike at VWAP and its going to be a 3rd test
[13:04]   RK : gone
[13:05]   Kathir : @RK your bamboo still seady
[13:06]   RK : yes getting more rigid
[13:06]   Vikkas C : daya ko bolao koi
[13:13]   Shai : 16355 a suppin BNF
[13:13]   Shai : below that the short can hit 16115- 16070
[13:14]   Sandeep : for nf shorts what should be the sl shai
[13:14]   Shai : did feel the bias went flat on the move below 7830- (12:20) Shai :can’t see a big intra day bias here now
[13:15]   Shai : yesterday buyers from 7760 and today sellers from 7860 keeping it neutral here
[13:15]   Shai : 7860 from here Sandeep
[13:16]   Shai : 7795- 7835 zone in NF
[13:16]   Shai : 16350- 16480 in BNF for now
[13:16]   Aayush : and sl for shorts ?
[13:16]   Aayush : for bnf
[13:16]   Sandeep : okay
[13:17]   Bhagya : yes shai, it is better to avoid any trades today and save capital till the range of 7760 to 7860 breaks
[13:20]   Shai : just abv vwap 16470+ 15 filter
[13:20]   Shai : yes
[13:20]   Shai : globe s positive today and sellers are not making an efoort to push the prices at lower levels like yesterday
[13:27]   Shai : Sell BNF near 16340- 350 sl of 16420 tgt 16235/ 16157- go with 50% qty
[13:27]   RK : Shai how to interfer all those red ticks below IBL turning into white again..
[13:27]   Shai : on 5 mins?
[13:27]   RK : yes
[13:28]   Shai : initial selling being neutrailised by counter buying
[13:28]   RK : limit orders taking over market orders
[13:28]   RK : got it
[13:29]   r m : these footprints have got all the orders I think
[13:29]   RK : yes RM
[13:29]   Shai : it’s set at a 3 point differential so if seller came at 7794 would be red but buyer at 7791 would make it while and more buyers at 7791 would make it green
[13:29]   r m : ok, thanks
[13:31]   Shai : white**
[13:31]   Shai : weak below IBL again
[13:31]   Shai : BN that 15700 zone is the big support on monthly
[13:32]   Shai : seems headed there
[13:32]   Shai : but that 16000 put is very expensive
[13:33]   Uttam : sold BNF @ 16340
[13:42]   Ashish : Zone of yesterday buyers in NF
[13:42]   Shai : yes
[13:43]   Shai : may drop to 7741/ 7725 for a flush
[13:43]   Hemant : Shai whats the tgt for 8400 PE?
[13:43]   Shai : you mean 7400?
[13:44]   Bhagya : yesterday low 7551 breaking is bad
[13:44]   Hemant : yes yes mr bad
[13:44]   Soumya : So that will be the bottom shai? after flush move?
[13:44]   Shai : welcome to my club 🙂
[13:44]   Hemant : my i meant.. not mr 🙁
[13:44]   RK : lol
[13:44]   Hemant : Ty Shai 🙂
[13:44]   r m : 🙂
[13:45]   Aayush : suprisingly 8000pe has 2nd highest OI.
[13:45]   Shai : it’s 167 but you have to hold for next week now for that
[13:46]   Sandeep : bn not breaking day lows
[13:47]   Shai : Soumya we like to see a nice buying tail at bottom to confirm a short term bttom
[13:47]   Shai : till then price will probe lower
[13:47]   Hemant : ok Shai.. holding 🙂
[13:47]   Girish : every time there’s a semblane of a buying tail, it becomes a selling pivot 🙂
[13:47]   Hemant : Thats the final tgt for that PE/.’
[13:47]   Hemant : /.
[13:48]   Soumya : ok shai thank you !!
[13:48]   RK : that tail would be like no one would dare to punch buy there 🙂
[13:49]   Shai : BN may come back for dpoc
[13:49]   Kathir : @shai 16050 bnf this week possible?
[13:50]   Shai : yes
[13:50]   Kathir : ok thanks
[13:51]   Augustin : @Shai – Targets for 7600PE?
[13:56]   Shai : 167 res in 7600 pe abv that 245
[13:57]   Chandrashekhar : SHAI, If iam to go positional long here on BNF what could be the best hedge?
[13:57]   Chandrashekhar : no positions now, but just want to understand the hedge concept
[13:57]   Shai : what TF?
[13:57]   Augustin : Tks Shai
[13:58]   Chandrashekhar : for this week
[13:58]   Shai : if you want to hold for over a week and long then best hedge is to sell 16500 calls x 2
[13:58]   Shai : or 17000 ce
[13:58]   Chandrashekhar : that also x2?
[13:58]   Bhagya : below 7750 on nifty futures markets will see free fall. sell order put below 7750
[13:59]   Shai : no 17000 ce has lower delta so has to be more
[13:59]   Chandrashekhar : okay, thanks shai
[14:01]   RK : Shai close at VWAP has more chance?
[14:04]   Kathir : RK you made sellrs angry 🙂
[14:05]   Kathir : bnf where is 1st trgt for short?
[14:06]   Tejpreet : 16235 /16157
[14:06]   Kathir : ok thanks Tej
[14:06]   RK : 🙂
[14:06]   Shai : book 50% BNF at 16260 bring bal to 17355
[14:07]   Shai : we wait out a close at lows
[14:07]   Anay : buyers below 7760 not responding
[14:08]   Shai : NO RK BNF headed for lower close
[14:08]   RK : ok Shai
[14:08]   Uttam : ok shai
[14:08]   RK : Anay may be after a breach of PDL
[14:08]   Varun : anay short.long or sidelines
[14:08]   Varun : too lured to go long abv 80 for a vwap close
[14:09]   Anay : @Varun milked enough today. 40 on long side and 60 on short #NF
[14:09]   Varun : cool
[14:09]   Anay : @RK that would be an ideal flushout 😉
[14:10]   RK : Anay yes watching for PDL and Shai’s KRA
[14:11]   Anay : KRA is?
[14:11]   Sandeep : 7726
[14:11]   Anay : ok thanks
[14:11]   Kathir : : MO -38
[14:12]   Sandeep : 🙂
[14:12]   RK : NS yday low?
[14:12]   Kathir : morning it was around -20
[14:12]   RK : have we held PDL in spot?
[14:13]   Anay : substantial increase in NF and BNF OI today
[14:13]   Aayush : SHAI.. a good sl for long in NF?
[14:13]   Shai : below 7724
[14:13]   Aayush : okk (Y)
[14:14]   Sandeep : no it was 7746
[14:14]   Sandeep : PDL ns
[14:14]   RK : thanks Sandeep
[14:15]   Sandeep : 🙂
[14:15]   Sandeep : NF hasnt taken out yesterdays low though
[14:15]   Sandeep : 7751
[14:15]   RK : yep
[14:16]   RK : but today’s spot low is 7738 right?
[14:16]   Sandeep : ya
[14:16]   Sandeep : nf hast , ns has
[14:16]   Sandeep : hasnt
[14:16]   RK : oh ok we broken it..fine
[14:18]   Bhagya : yes, yesterday low is held in nifty. if breaks 7750 then big selling
[14:25]   RK : VArun 13250 you? 🙂
[14:25]   Varun : 🙂
[14:26]   Varun : nw give me support
[14:26]   Varun : 😉
[14:26]   RK : not today 🙂
[14:26]   Varun : 🙂
[14:34]   Sandeep : shai bnf not going down
[14:35]   Uttam : SL hit on balance BNF @ 16355
[14:36]   Sandeep : am holding
[14:38]   Kiran : is black line in volume pane average ?
[14:45]   Soumya : shai is it a short below 7751?
[14:46]   Kiran : BNF 5 min are these new sellers
[14:46]   Soumya : yesterday’s low
[14:46]   Shai : No shorts now
[14:46]   Shai : which black line?
[14:47]   Shai : the horiz lines are previous highs
[14:47]   Anay : stuck seller at 7752?
[14:47]   Sandeep : shai cover bnf shorts here ?
[14:47]   Shai : ok cover 16250 showing some defence
[14:50]   RK : this spike has all the parameters..near PDL, huge bar neutralised, stuck seller, next bar tested, and greens then..
[14:50]   Tejpreet : Shai VIX has finally broken 27.3 can sell some OTM puts at these lows now
[14:50]   Anay : @RK my buy entry at 7748 didn’t fill 🙁
[14:51]   RK : Anay me too waited for break but didnt happen 🙂
[14:51]   Anay : 🙂
[14:51]   RK : let all the buy stops below PDL be happy today 🙂
[14:52]   Soumya : all the parameters for what RK?
[14:53]   RK : Soumya contra trades using volume spikes
[14:53]   RK : here they go 🙂
[14:53]   Anay : taken
[14:53]   Anay : 😀
[14:53]   Soumya : ok thank you RK
[14:54]   RK : 7741 done
[14:55]   Anay : good entry
[14:55]   Anay : SL 7724
[14:55]   RK : 🙂
[14:59]   Anay : not much of a VIX spike in this fall
[14:59]   RK : 7400 PE stalled today in this fall
[14:59]   Anay : ok
[15:00]   RK : 7725 spot weekly support
[15:00]   RK : we are here
[15:00]   Anay : yes. good place to short 7400 PE
[15:00]   Tejpreet : Anay 🙂
[15:00]   Sandeep : shai your views on nf
[15:00]   Anay : looks like Tejpreet has already done that 😉
[15:01]   Sandeep : below weekly support on ns now
[15:01]   Tejpreet : Just did 7200 and 14900 bn
[15:01]   Anay : cool
[15:02]   Sandeep : anay holding your sl
[15:02]   Sandeep : bnf 16235
[15:03]   Anay : yeah. saved by 2 pts so far. lol
[15:03]   Sandeep : 🙂
[15:05]   Augustin : @Anay – Is that a positional Long you took?
[15:06]   Hemant : 🙂 this is going down..
[15:06]   Hemant : Damn
[15:06]   r m : yep
[15:06]   Anay : gaya
[15:07]   Anay : @Augustin nope…just for 25-30 pts intra
[15:07]   Augustin : hmm ok
[15:09]   Anay : buyers at every dip but not able to hold the price
[15:10]   RK : good volume here
[15:10]   Augustin : buying tail?
[15:10]   Girish : The DIP is getting deeper with every buy, IMO
[15:10]   Anay : haha
[15:10]   Girish : even in 5min charts, swing highs are not crossed !
[15:11]   Girish : you are long, Anay?
[15:11]   Anay : was. SL hit
[15:11]   Girish : ok
[15:12]   Ashish : Bought 8000 CE @ 89..
[15:12]   Hemant : Vix screwing up PEs
[15:12]   Anay : ye to Onion se bhi expensive hai 😀
[15:13]   r m : lol
[15:13]   Ashish : lol 😉
[15:13]   r m : wo nasik mein ughte hain, ye nse mein 🙂
[15:13]   Ashish : Since Shai’s weekly support is here, worth buying naaa
[15:14]   Augustin : took 7600 PE at 7770 and close for 6 pts when it reached 7720.. cant even buy onions with that 😉
[15:14]   Ashish : hahaha
[15:14]   Naveen : Shai any btst??
[15:15]   RK : AShish trend is down..I may close shorts at weekly suport but wont initiate longs 🙂
[15:16]   Nandesh : h : do u still expect 7650 if today close above 7745
[15:17]   Tejpreet : Very true RK even I have covered the puts sold ….even though they are OTM …trend is down better to sleep peacefully than sit and watch DOW at night 🙂
[15:17]   Girish : Not many here expecting 52 week low on NF ?
[15:17]   Ashish : Rk, that’s only for BTST purpose and low on quantity…
[15:18]   Anay : @Girish apne expect karne se kya hota hai. market is the king 🙂
[15:19]   RK : Ashish great 🙂
[15:19]   Girish : King needn’t fulfill all expectations, Anay 🙂
[15:20]   John : @Shai, Those mornig sellers covered here?some same numbers at lows
[15:20]   RK : Shai closing volumes exceeding open vol?
[15:20]   Girish : Cheers everyone !
[15:20]   Girish : Have a nice day all
[15:20]   Nandesh : pls guide me it is right time to buy ce
[15:20]   Soumya : where is vix?
[15:20]   RK : 26.4
[15:21]   Tejpreet : 26.62
[15:21]   Varun : shai rejecting area out of range to come back
[15:22]   Varun : tmrw if open abv , do we consider this as excess
[15:22]   Varun : whats vwap
[15:23]   Varun : @shai
[15:23]   Vikkas C : 7868
[15:23]   Vikkas C : SORRY
[15:23]   Vikkas C : 7793
[15:24]   Varun : thnks vikas
[15:24]   Vikkas C : 🙂
[15:25]   Ashish : By looking @ daily delta candle, 3 greens @ bottom and only big seller around 7790… Not sure but maybe yesterday’s buyers (around 7760) have stopped the fall and bought more..
[15:25]   RK : Vikkas I think you are referring ATP..today it may vary with VWAP..better to check with RM
[15:25]   Uttam : see you guys 🙂 have a great evening
[15:25]   RK : AShish looks likely the bottom..tmw morning open will tell us
[15:26]   Vikkas C : saying the vwap thats showing on my system RK
[15:26]   r m : 7795 vwap
[15:26]   Ashish : True Rk 🙂
[15:27]   r m : 16434 on bnf
[15:27]   RK : Vikkas fine
[15:27]   Anay : bye all
[15:27]   Anay : see you 2moro
[15:28]   r m : Bye Anay
[15:28]   Shai : tom open abv 7751 could mean 7860 again
[15:29]   Tejpreet : Bye All.
[15:29]   Shai : esle down
[15:29]   r m : @Vikkas, you got those vwap bands code in falcon?
[15:29]   Varun : thanks shai
[15:29]   Varun : confirms the view
[15:29]   Vikkas C : no RM..yet racking my head there
[15:29]   r m : ok
[15:29]   Vikkas C : those coders at falcon are idiots
[15:29]   Vikkas C : lol
[15:30]   r m : lol
[15:30]   Shai : Bye all
[15:30]   Vikkas C : bye al
[15:30]   Porus : 7752
[15:30]   Shai : Have a nice evening
[15:30]   Porus : by all
[15:30]   Ashish : Bye all, see you tomorrow
[15:30]   John : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Chandrashekhar : BYE BYE
[15:30]   Srini A : Bye Al
[15:30]   Srini A : all

[09:45]   Uttam : Shai UltraCemco could be shorted in this bounce? Levels please?
[09:46]   Manthan : Shai, TCS and Maruti view pls
[09:51]   Uttam : Cement stocks all bullish? views on ACC too Shai
[09:54]   Shai : ultra cem may hit 2910, don;t short
[09:54]   Uttam : oh ok Shai, thanks
[09:55]   Uttam : what about ACC till where can it go today, has good support @ 1315-1330 levels right?
[09:55]   Shai : tcs good abv 258 for 2590 and 2610 again
[09:56]   Shai : maruti near support band 4002- 4020 res near 4080 for now
[09:57]   Shai : acc also good abv 1350 fr 1370/ 76
[09:57]   Uttam : thanks Shai
[09:58]   Shai : yes postn supp at 1212
[09:58]   Uttam : 1312?
[10:00]   Tejpreet : Shai views on DLF strictly for ID trade.
[10:00]   RK : Yes 1312..that was the low in F on last Monday panic low,then next tuesday and yday.all the 3 day selling stopped there in ACC
[10:01]   Uttam : thanks RK
[10:02]   RK : Welcome
[10:10]   Nandesh : acc sl for inyra
[10:11]   Naveen : Shai relcap views please
[10:15]   Shai : acc sl 1346
[10:16]   Shai : dlf supp at 107.7 res 111.2 intra
[10:17]   Shai : relcap good abv 307 for intra can hit 321
[10:17]   Tejpreet : Thanks
[10:18]   Naveen : Thanks shai
[10:36]   Tejpreet : Tcs again approaching 2610 .
[10:41]   Uttam : Shai DRL shorts SL will be the same 4290 right>
[10:48]   Shai : yes 4290
[10:48]   Shai : yes tcs was a good pick early in morning here
[10:50]   Vikkas C : shai view on HUL pls ?
[10:53]   Uttam : yes TCS just flew above 2580 to 2600
[11:05]   Naveen : Shai ur views on hindpetro please
[11:10]   Shai : hind petro weakening – may drop to 770
[11:10]   Shai : 804 res
[11:55]   RK : TCS back to knock weekly res 2612..this time scale up fast?
[11:55]   RK : lets see
[12:01]   RK : Shai HDFC two days contiuously having tails at open with good volumes..will it clear that 1145 support today?
[12:11]   Shai : yes selling is there should do 1138/1125 below 1148 I feel
[12:11]   RK : thanks Shai
[12:14]   Vikkas C : RK seeing tisco
[12:14]   Vikkas C : sudden spurt
[12:15]   RK : Vikkas lost touch in that..higher range for that lt size..cannot afford if stuck at wrong side 🙂
[12:16]   Gaurav : Shai SAIL looking to do 54 short term? Good jump from lows today
[12:17]   Uttam : TCS above 2612 could go long fresh here Shai?
[12:21]   Shai : tcs potentail 2646 is tere but not intra sl of 2585
[12:22]   Shai : sail ahs to cross over 48.4 for 54
[12:22]   Shai : sl of 46.2
[12:25]   Gaurav : Thanks Shai
[12:27]   Uttam : thanks Shai
[12:39]   RK : relcap on roll
[13:30]   RK : HDFC made it
[13:33]   Tejpreet : RK must say you keep a HAWKEYE on stocks 🙂
[13:41]   RK : Tej 🙂
[14:07]   Kathir : RK can we buy some ce TCS ?
[14:08]   RK : Kathir stuck at PDH
[14:09]   RK : may be above high we can try..I closed at PDH
[14:09]   Kathir : ok will wait then thanks
[14:11]   Kathir : MO -38
[15:11]   Uttam : DRL played out well Shai, shorted @ 4260 (F) & booked out @ 4215, thanks
[15:18]   Gaurav : Shai below 132 PNB target can be on short?
[15:31]   Shai : can tgt 118 pnb