General Chat Transcript
Date and Time: June 03, 2015 09:14:14
[08:53] r m : Good Morning folks!
[08:53] r m : http://vtrender.com/levels-and-plan-for-3rd-june/
[08:53] r m : http://vtrender.com/premium/orderflow-charts-and-notes-020615/
[08:53] Porus : GM RM and all
[08:54] r m : Weekly Spot view updates – http://vtrender.com/nifty-bn-weekly-view-spot-for-1-5-june15/
[08:54] r m : Hi Porus
[08:54] r m : Nifty JUN Future levels| Key Reference Area 8210| Hypo1 below 8210➜8186➜8145 SL 8246| Hypo2 above 8258➜8296➜8315 SL 8216
[08:54] r m : Banknifty JUN Future levels| KRA 17870| Hypo1 above 17991➜18117➜18185 SL 17830| Hypo2 below 17815➜17684 SL 17915
[08:54] Sudhakar : GM All
[08:55] Shai : GM all
[08:56] Shai : Weekly view updated – (08:54) r m:Weekly Spot view updates – http://vtrender.com/nifty-bn-weekly-view-spot-for-1-5-june15/
[08:56] Shai : Values fr Opton today : http://vtrender.com/options-vas-for-0306/
[08:58] Vikkas C : GM all
[08:59] Tejpreet : GM all.
[09:01] John : GM all!
[09:01] Srini A : GM All
[09:01] Hemant : GM folks
[09:06] Pawandeep : GM Shai rm & Friends:)
[09:07] Moses : GM All
[09:07] r m : Hi Pawandeep
[09:08] Venkatesan : gm shai, rm and frnds
[09:09] r m : Hi Venkatesan
[09:10] Sharad : GM all
[09:10] Sandeep : GM all
[09:13] Suyash : Good morning everyone! I’m new to the trading room. Happy to meet you all!
[09:14] r m : Welcome Suyash
[09:14] Hemant : Welcome
[09:14] Naveen : Happy Morning..
[09:14] Chetan : gm all
[09:16] Ashish : GM all
[09:16] Sreenivas J : hi
[09:18] Chetan : hypo 1 triger in nigfy???
[09:18] Chetan : nifty
[09:19] Shai : wait 1st 15 mins for hypos
[09:21] Shai : Open just near pdl
[09:21] Shai : 8210/ 17815 ref lines
[09:22] Kathir : Hi Shai RM and all friends
[09:22] r m : Hi Kathir
[09:24] Shai : Open is more of a continuation from yesterday
[09:25] Shai : Still no big buying to lift the market
[09:26] Shai : BNF was the leader yesterday
[09:26] Shai : we watch for BNF to auction below 17815 today as signs of continuation
[09:27] Shai : NF weak now
[09:27] Tejpreet : Shai you mentioned about 8300 and 8350 call for bounceback.Around what lvl should we buy them.
[09:27] Shai : can drop to 8186 of hypo
[09:28] Shai : lower down near 8145 with a smaller stop
[09:28] Shai : or on price strngth abv 8335 today
[09:29] Sudhakar : shai what is the news in adani ent?
[09:29] Tejpreet : 8335 or 8235
[09:29] Shai : sorry 8235 **
[09:29] Shai : confirmation is abv 8258 F
[09:30] Tejpreet : Thanks .
[09:30] Shai : BNF dropping
[09:31] Vivek K : adani is demerger
[09:31] Vivek K : some corporate restructuring
[09:34] Chetan : can initate short on nifty bn??? intra
[09:36] Shai : yes BNF is a short
[09:36] Shai : Go with 50% qty
[09:37] Shai : new shorts aftera big fall are always risky
[09:37] Chetan : sl 100 pts?
[09:38] Shai : I’m not putting a short alert here but the hypos you have to follow fully for risk n reward
[09:39] Shai : suggest wait
[09:39] Chetan : ok
[09:39] Shai : we will get a trade in in a while
[09:40] Shai : one bounce expected before IB is done
[09:40] Shai : we can short that bounce around 10.15
[09:41] Rahul G : is adani enterprise going to zero
[09:41] Rahul G : -442
[09:41] Tejpreet : Like closer to hypo SL of 17915.
[09:41] Naveen : ADANI is demerger into three companies
[09:41] Naveen : VALUE getting UNLOCKED…
[09:41] Kathir : @rm MO?
[09:42] Tejpreet : That is why Adani ports bouncing from lows of 292 to know 306.
[09:42] Tejpreet : now
[09:43] r m : @Kathir, MO was at -25 yesterday
[09:43] Shai : Adani’s learning all the tricks from the Ambanis 🙂
[09:44] Kathir : @rm thanks
[09:45] r m : I hope he does not forget running industries in that process 🙂
[09:47] Shai : some buyers in BNF at the lows
[09:48] Vikkas C : SHAI any views on hdfc bank
[09:48] Tejpreet : SP Tulsian an analyst has given a anice explanation on this Adani move …link for all to read.
[09:48] Tejpreet : https://www.sptulsian.com/article/84571/adani-enterprises-restructuring-solving-the-puzzle
[09:48] Vikkas C : only bank stk holding strng
[09:48] Shai : Buy BNF abv 17841 sl of 17791 tgt 17910
[09:49] Ashish : Shai, any trade in apollo hospital?
[09:49] Shai : going with a contra
[09:49] Shai : seeing 17735 as a seller who may ebe forced to cover by the longs from the lows
[09:49] Shai : 17835**
[09:53] Shai : apollo 1168 s a big positional supp
[09:53] Shai : but buy only abv 1182 cash on conf
[09:53] Shai : trade safe if it crosses abv 1198 on intra
[09:54] Shai : Move BNF sl to 17773
[09:55] Tejpreet : Shai Positional buy in bn via 18500 call is safe above which lvl .
[09:55] Ashish : Thanks Shai.
[09:56] r m : NF at target 1
[09:57] Shai : Tejpreet has to come back in yesterday range for it to be safe
[09:57] Shai : pdl 17891+ filter
[09:57] Shai : below val/ pdl ony sellers
[09:58] Tejpreet : Thanks.
[10:03] Vikkas C : Adani Enterprises Ltd (Demerger date 4th June – Ex date 3rd June)In against 100 share of Adani Enterprises every share holder will get 141- Adani port186 – Adani power100- Adani transmition
[10:08] Shai : BNF showing more signs that shorts are easing off and covering
[10:08] Shai : not a good place to short new
[10:08] Shai : but NF is just the opp in ordeflow
[10:08] Shai : getting new shorts at these prices
[10:09] Shai : see the FP chart is more red in NF than BNF
[10:09] Tejpreet : NF looking for your lvl of 8140.:)
[10:09] Shai : Sell NF for 8145 sl of 8213
[10:10] Chetan : so both going in opposite
[10:10] Shai : yes
[10:10] Chetan : nifty now @ 8180
[10:10] Chetan : fut
[10:10] Shai : Keep the NF sell below 8174
[10:11] Chetan : ok short 50% @ 8210now add to it @ 8174
[10:11] Shai : nearing end of IB – and hardly a bounce
[10:14] Sudhakar : adani is going to demerger if some one long in fut what will happen shai?
[10:15] Soumya : is the key here bank nifty going in pink zone – that can break nifty big time -right?
[10:16] r m : @Sudhakar, Adanient was settled yesterday i think
[10:16] r m : at closng price
[10:16] Rahul G : sudha all contracts of adani expired yesterday
[10:16] Suyash : r m , i am unable to see any charts on the desktop sharing page
[10:16] Sudhakar : if some one bought today?
[10:17] Suyash : it shows that it’s loading but nothing is happening
[10:17] Tejpreet : Apollo hosp breaks 1168.
[10:17] Kathir : got circular that new contracts will begin today
[10:17] r m : it does not exist so can’ be bought?
[10:17] r m : ok, you mean fresh contract
[10:18] Sudhakar : yeah RM
[10:18] Kathir : @tej short here?
[10:18] Kathir : Yes RM new contracts with diff lot size i guess
[10:18] Shai : Yes Soumya
[10:18] Tejpreet : No Kathir just watching , morning play was in Adani ports.
[10:19] Shai : Suyash check your internet speed or try another browser
[10:19] Ashish : Shai, below 1168 what is the next support for apollo hosp.?
[10:19] Kathir : @tej ok
[10:19] Suyash : ok will check
[10:19] r m : adanient has gone extinct and demerged into 3
[10:20] Sudhakar : @RM adani fut trading @125 now if some one bought now then what will happen?
[10:20] Shai : 1115/ 1102 apollo
[10:21] Ashish : Thanks Shai.
[10:21] r m : @Sudhakar, what you are buying is a demerged product, nothing will happen
[10:21] Tejpreet : sudhakar fyi http://www.nseindia.com/content/circulars/FAOP29859.pdf
[10:24] Shai : NF short in
[10:26] Chetan : 1115/ 1102 apollo means what sir
[10:27] Kathir : next level or target
[10:28] Chetan : is apollo call initiated already
[10:28] Soumya : 8145 target sl 8213 – given abv
[10:29] Shai : Not a call – just a view
[10:29] Shai : 1115/ 1102 suppo
[10:32] Shai : Adani ent fair value as quoted by MS is now 80/-
[10:33] Shai : risk of taking long exposure in Adani is huge as it will go off BSE on account of demerger
[10:33] Rahul G : shai what is the red bricks like in the second chart more visible in BNF
[10:34] Shai : Rahul price bars
[10:35] Shai : candlesticks of the bar kind
[10:37] Tejpreet : Shai views on TECHM , seems to have formed base around 540.
[10:41] Shai : yes tech M can do 554/ 558 in next 1-2 sessions sl of 540
[10:41] Shai : has t stay abv 544 this next 1 hour
[10:41] Vikkas C : SHAI can i buy 17500pe
[10:41] Shai : Vikkas Buy the PE when this green OF turns pink
[10:42] Shai : we are antiapting a bounce in BNF
[10:42] Shai : anticipating**
[10:42] Vikkas C : ok thanx
[10:42] Tejpreet : Go it.Thanks.
[10:45] John : Shai, Is a big seller around 8190 in NF?
[10:45] Shai : Cut short the BNF long trade at 17860- 17865
[10:46] Shai : wait for 860
[10:46] Shai : Yes John
[10:46] John : ok thanks
[10:55] Kathir : what SL for this nf short?
[10:55] Shai : exit signal came at 17865 on that BNF
[10:56] Shai : sl if 8214 on day
[10:56] Kathir : ok shai thanks
[10:57] Kathir : @shai what Sl for positional Short in NF ?
[10:58] Shai : NF has heavy res at 8365 F abv if looking for a trade to 8080
[10:58] Kathir : ok
[11:00] Shai : BNF 🙁
[11:02] Kathir : @shai what is the next major support level for Tata motors to book profits Short ?
[11:05] Shai : tata motors 438 was a good place to book
[11:06] Shai : now trail at 450.8
[11:06] Kathir : ok shai thanks on behalf of RK 🙂
[11:07] Shai : Exit the NF short trade here
[11:07] Shai : led by BNF mkts may give a bounce
[11:09] Shai : Go long again in BNF abv 17925 sl of 17885 tgt 17991
[11:24] Soumya : pink in both nf and bnf – any short trades here ?
[11:25] Kathir : @shai what SL now for apollohosp shorts?
[11:38] Chetan : what is current suituation in the market according to order flow foot print
[11:42] r m : NF looks week to me, Pink OF, below IBL
[11:46] Sreedhar : is this kind of ORR?
[11:47] r m : seems more like OAOR to me
[11:47] Sreedhar : thanks..
[11:47] r m : welcome
[11:50] Shai : Sell NF again 8172 sl of 8214 on ay tgt 8146
[11:58] Hemant : 8146 NF done 🙂 Well played Shai sir
[11:58] Sreedhar : looks like mid caps stock are collapsing..
[11:59] r m : trading below 8140 spot
[12:00] Tejpreet : Shai pick up calls now or still wait.
[12:00] r m : next target could be 8080 spot though not intra
[12:02] Porus : Shai, what is bnf target below 1765
[12:02] Porus : 17684
[12:05] Kathir : @Margins have increased due to excessive volatility, we will revert back to normal margin levels shortly.
[12:05] Hemant : Zerodha has increased margins
[12:06] r m : that means spot 8080 could come intraday too 🙂
[12:07] Hemant : So upsides in the future (not the instrument) remains doubtfull
[12:07] Hemant : and Greece and Greeks can rescue on Friday
[12:08] r m : lol
[12:08] Shai : No tejpreet no longs yet
[12:08] r m : Greece should have Bear as national animal 🙂
[12:09] Shai : stay short below 8147 F now tgt 8065
[12:09] Shai : BNF tgt 17389
[12:09] Hemant : 8065 on Fut and 8070 on Spot?
[12:09] Shai : 8065F
[12:10] Kathir : zerodha is updating slowly?
[12:10] Kathir : I mean the price on screen
[12:11] Shai : Sell on the coming bounce to 8145 sl of 8170 tgt 8065
[12:11] Kathir : what is NF low now today?
[12:11] r m : 8101
[12:12] r m : .05 too 🙂
[12:12] Kathir : but in my terminal it is 8121 only ..relogging now
[12:12] r m : just double click on price, it will refresh
[12:13] Kathir : ok thanks RM i have restarted
[12:14] r m : roger
[12:15] Shai : Sell NF again 1 part here at 8135 another part at 8160 sl of 8182 tgt 8101/ 8065
[12:16] Suyash : Techm probe zone 1 met. Good call Shai!
[12:16] Shai : 🙂
[12:17] Shai : that 12.00 noon selling in candle is huge
[12:17] Shai : and is all margins
[12:18] Shai : our main stop is just abv that bar also vwap
[12:18] Shai : we will sell all rises till there rest of day and look now for a close at lows
[12:19] Hemant : So we’re not picking out the bottom here Shai? Sounds wonderful!
[12:19] Sreedhar : 7995 this week?
[12:20] Rahul N : @shai i have dlf short from last month from 126 ,should i book or wait for it to fall even more?
[12:22] Shai : Rahul good trade
[12:23] Rahul N : tnx
[12:23] Shai : I’ll give you a cash levels as supp as vols getting iffy in F
[12:23] Rahul N : ok
[12:23] Shai : 102.6 dlf cash is a big supp
[12:23] Shai : so consder scaling out
[12:24] Shai : and trail 111.8 cash all reamining qty on closing basis
[12:24] Vikkas C : SHAI i bought the banknifty 17500pe @ 240 ..shud i hold or book ..any advise ?
[12:25] Shai : The positional trade setup in BN spot gives a tgt at 17376- 17432 spot
[12:26] Shai : 17550 F is a good day objective today and should consider taking part profits
[12:26] Vikkas C : ok thanx
[12:27] Shai : Sreedhar No I see supporting efforts laucnched at 8060- 80888 spot
[12:27] Sreedhar : thanks ..
[12:27] Pawandeep : @ shai buyers now?
[12:30] Shai : yes Pawandeep some longs came at 8118- 8124
[12:33] Kathir : @shai what Sl for apolohosp shot below 1168?/
[12:41] Shai : apollo exit if 1168 is not holding it down
[12:41] Shai : menationed 1168 as a positional SL ( daily closing basis)
[12:41] Sreedhar : re enter short here NF?
[12:42] Shai : 8160
[12:43] Kathir : SHAI ok thanks
[12:43] Sreedhar : Thanks..
[13:04] Soumya : waiting for the pink band
[13:04] Shai : yes
[13:05] Shai : some more greens have come
[13:05] Shai : all these green can get flushed out if vwap not crossed
[13:05] Shai : real spin is in the last 45 mins of trade today
[13:06] Varun : whts vwap
[13:06] Shai : 8170
[13:06] Varun : cool 🙂
[13:06] Sreedhar : fall to 8060 and reverse?
[13:06] Kathir : NF vwap now?
[13:07] Shai : yes 8170 vwap
[13:07] Shai : currently is a DD in progress in NF and BNF
[13:07] Shai : close can be day lows again
[13:07] Chetan : nf ib low??
[13:07] Shai : But yes we can recover tom
[13:08] Kathir : ok
[13:08] Shai : IB low 8175
[13:08] Shai : vwap 8165
[13:09] Shai : Not looking at any intra trades in BNF now – risk management is difficult with 120 point swings
[13:09] Shai : but keep watching vwap and IBL if in any trades
[13:19] Shai : Realty has taken a big hit today
[13:19] Varun : rm can u help with mo
[13:19] Varun : fugures at the moment
[13:19] Shai : IT dept has sent a proposal to treat unsold flats as income
[13:19] Varun : figures
[13:21] r m : sure
[13:22] r m : MO -56
[13:22] Varun : thasnks
[13:22] Varun : thanks
[13:22] Varun : 🙂
[13:22] John : Shai, Can we short NF in this pullback?
[13:23] Varun : looking for sub 80 levels this time
[13:23] Varun : lets see
[13:23] Pawandeep : @SHAI nifty short reentry @8160
[13:23] Shai : yes
[13:23] Shai : keep sl at 8186 now on all qty
[13:23] r m : wescome 🙂
[13:24] r m : welcome 🙂
[13:24] r m : yep
[13:25] Shai : some one is selling BNF at vwap
[13:25] Shai : again 17760 got sold off quickly
[13:29] Shai : Buying is still there
[13:29] Shai : tide turns when we get a pink going again
[13:31] Shai : BNF long trade with a 30 point stop : buy abv 17765 tgt 17820/ 17904
[13:31] Shai : eneter 17730 as sl when executed
[13:31] Shai : Only for aggressive traders who can risk a bit
[13:31] Shai : that seller can get cornered abv vwap
[13:32] Shai : In NF cut down that last 50% long we took
[13:32] Shai : stay with 50% qty only
[13:33] Shai : we will add that 50% again on price confirmation
[13:33] Sandeep : nf long or short
[13:34] Shai : short
[13:34] Shai : (13:32) Shai :In NF cut down that last 50% ‘short’ we took
[13:35] Shai : we can add below 8135 or on a pink when it comes
[13:36] Shai : 8117 buyer against the 12 noon sellers
[13:40] Sandeep : fresh shorts here in nf
[13:41] Ashish : More sellers with us 🙂
[13:41] Shai : yes
[13:41] Shai : now selelrs are back
[13:41] Sandeep : green to pink and nf at 8135
[13:41] Shai : always look at the FP chart for conf
[13:41] Shai : see after 4 candles of 15 mins you can see the pinks
[13:41] Sandeep : fp ?
[13:41] Shai : NF tick
[13:43] Chetan : sir can v use vwap and short
[13:44] Chetan : nf & bn
[13:50] Shai : vwap + fliter always
[13:51] Chetan : filter??
[13:51] Sandeep : filter of how many points
[13:51] Sreedhar : filter is this green pink line is it?
[13:51] Shai : 7- 8 points
[13:51] Shai : vwap is an area now a line
[13:51] Sandeep : in nf as well as bnf
[13:51] Chetan : ok sir
[13:51] Shai : so stop at 8162 can get taken but stop at 8162+ 6 say is more secure
[13:52] Shai : BNf roughly 14
[13:52] Sandeep : okay
[14:04] Ashish : Shai, above 64.34 F, what will be the resistance in USDINR
[14:04] Tejpreet : Shai greens at lower lvl are you still with close at lows or no we can look at vwap close.
[14:05] r m : looks like a DD in NF, if lower side of DD breaks then probably close at lows
[14:10] r m : technicaly not DD, double prints in middle area!
[14:13] Shai : Ashish 64.52 and 64.90 if we close abv today
[14:13] Shai : Tejpreet could still close at lows
[14:13] Ashish : Thanks Shai
[14:13] Shai : expecting another round of selling around 2.45 on margins
[14:13] Tejpreet : I guess so ….
[14:14] Ashish : Shai, BPCl downside targets please.
[14:14] Tejpreet : dying to pick up calls in that fall 🙂
[14:16] Chetan : is sellers strong here sir
[14:17] Hemant : If Greece dont save this, it goes below 8000 looks like
[14:19] Shai : 8101 part book zone if you added at 8135
[14:19] Shai : else sl at vwap now for last hour
[14:21] Shai : BPCL 821 next
[14:22] Shai : sl is 857 and 875 if holding on weekly
[14:22] Ashish : Thanks Shai, got it..
[14:24] Chetan : good 30 points pull back in nifty
[14:25] Chetan : is buying volume or price spike??
[14:25] Shai : Look for 8080/ 8060 spot levels to buy some calls for tom/ day after
[14:26] Shai : a close at the lows today will make it an easy purchase
[14:26] Shai : but anything higher today runs a risk tom or revisisting lower
[14:27] Ashish : Shai, wockhardt is looking good for longs here?
[14:33] Pawandeep : @can we consider nifty 8262 as anamally
[14:35] Shai : 8276 anomaly
[14:35] Shai : BNF opens up another 120- 160 points if 17550 goes
[14:36] Shai : 17376 spot good place to cover
[14:37] Kathir : intra shai
[14:37] Shai : wockharma indeep looking very good on the chart now. is a good pick
[14:38] Dharamveer : how can we setup these charts with Ninjatrader
[14:38] Dharamveer : what addin do we nee dto buy
[14:38] Shai : cross abv 1322 and I am more certain of the lows being in today
[14:38] Dharamveer : wwill gdfl data word
[14:38] Dharamveer : work
[14:39] Ashish : Thanks Shai
[14:40] r m : @Dharamveer, i tried GDFL, good for ami but esignal plugin for NT does not work smothly
[14:40] r m : *smoothly
[14:40] Dharamveer : then what is the best wat to setup the same
[14:41] Pawandeep : @shai some buying in between nifty 8100-8125
[14:41] r m : you would get this kind of accuracy with only esignal tick data
[14:42] Dharamveer : so what charting platform is best
[14:45] Dharamveer : @rm is there any other charting platform working with esignal apart from market delta
[14:45] r m : Investor RT and esignal then you can get Shai’s guidance too 🙂
[14:46] r m : NT, Inv RT, work wel with esignal
[14:46] r m : Bye guys, have to leave early today, don’t have all the fun today itself. Leave something on the table for tomorrow as well 😀
[14:47] Hemant : Will do our best RM 🙂
[14:47] r m : 🙂
[14:47] Pawandeep : GB rm 🙂
[14:47] Shai : There aren’t many who can give footprint @Dharamveer
[14:47] Tejpreet : Bye rm.
[14:47] Shai : Bye RM
[14:47] Dharamveer : thanks rm
[14:47] Sandeep : bye rm
[14:47] Shai : MP is freely available now but footprint requires high qulaity data
[14:47] Soumya : Bye RM
[14:48] Shai : which unfortunately only esignal provides as of now
[14:48] Ashish : Bye RM
[14:49] Chetan : mp where its free sir
[14:49] Dharamveer : @shai esingal with Nt and any other addon pack for Footprint as addon
[14:51] Shai : MP is now availble through AMI
[14:51] Shai : Yes on Ninja there is a package from fin-alg
[14:51] Venkatesan : BYE rm
[14:51] Shai : google or ask support there
[14:51] Tejpreet : Shai SBI also in support between 255-260…with whole month to go 260 call at 8 seems good.
[14:51] Chetan : ok sir
[14:53] Vikkas C : shai any views on HUL
[14:53] Vikkas C : ur 821 is very close
[14:54] Shai : SBI 250 is a support now but momentum comes abv 266 on monthly
[14:54] Shai : abv 266 tat call will move well
[14:55] Shai : Vikkas HUL should hit 821
[14:56] Tejpreet : Thanks for the view.
[14:56] Shai : keeping stops just below 818
[14:56] Vikkas C : ok thanx shai
[14:56] Rahul N : shai can we buy yes bank futures here?
[14:57] Pawandeep : 14:41 Pawandeep : @shai some buying in between nifty 8100-8125
[14:58] Rahul N : shai can we buy yes bank here?
[14:59] Shai : Yes bank May F would have been happy if it had tested 822 F on this move
[15:00] Shai : but 814 is a good sl from here
[15:00] Shai : 828 is the low
[15:00] Rahul N : should i wait for 822 or buy now ?
[15:00] Shai : buy half here
[15:01] Shai : 856 1st obj
[15:02] Suyash : wockpharma after crossing 1322, shoots up to 1350+
[15:02] Suyash : and climbing !
[15:03] Rahul N : thanks
[15:03] Suyash : 1380
[15:04] Suyash : amazing analysis shai!
[15:04] Soumya : awesome shai !!
[15:04] Kathir : @shai can we hold nf shorts or exit
[15:05] Shai : Not mine guys it wa spicked by Ashish 🙂
[15:05] Suyash : Good one ashish! It rocketed above 1322
[15:05] Ashish : 😉
[15:05] Shai : Kathir exit abv 8140
[15:05] Kathir : ok shai thanks
[15:08] Pawandeep : @ shai can buy ce
[15:08] Pawandeep : or wait
[15:08] Shai : Lows are not secure yet
[15:08] Varun : no tail shai
[15:08] Varun : and tht too round figure
[15:08] Shai : can give a technical bounce but wll visist down again
[15:08] Varun : big poor low
[15:08] Varun : fr a such a big fall
[15:08] Shai : yes +1
[15:09] Varun : spike now should give a nice chance fr a short tmrw
[15:09] Shai : so buying calls not a sure trade yet
[15:10] Shai : if we had gone down then it was a differnt story based on 2 trend day low closings
[15:10] Varun : 75 type mo with a nig flush out day
[15:10] Varun : big
[15:10] Varun : should be a good bounce till 8274
[15:10] Varun : my trading plan *
[15:15] Venkatesan : varun wat is the mean? of 75 type mo with a nig flush out day 75 type mo with a nig flush out day
[15:16] Shai : he means there is more fear to come and selling now done yet
[15:17] Shai : one more big trend day where adv- decl of stocks will be at lowest
[15:17] Venkatesan : thank you shai
[15:19] Ashish : Shai, HDFC can be bought here?
[15:19] Varun : mo abv 60-80 with a trend day type is a winner 9/10 times
[15:20] Shai : exit the NF shorts
[15:20] Shai : will take a fresh outlook tom
[15:20] Sreedhar : thanks shai..
[15:21] Venkatesan : thank you varun
[15:21] Varun : anytime 🙂
[15:21] Shai : hdfc buy abv 1207 tom
[15:22] Shai : 1207.8
[15:22] Ashish : Thanks Shai
[15:22] Shai : welcome 🙂
[15:25] Kathir : @shai review on this – 14:26 Shai : but anything higher today runs a risk tom or revisisting lower
[15:26] Shai : yes lows are not secure
[15:27] Pawandeep : total buying from last 45min in nifty
[15:27] Shai : close is near vwap
[15:27] Kathir : @shai shall we buy some pe for btst
[15:27] Soumya : what does that imply shai?
[15:27] Soumya : close near vwap
[15:28] Pawandeep : ok
[15:28] Shai : Market trying to find a balance here and that the responsive buying at lows emerged equal to counter the morning seller
[15:29] Shai : we will use a move abv VAH now for tom to initiate buys or sell below val
[15:29] Shai : tomorrow both sides are possible in equal measure now
[15:30] Venkatesan : thank you shai and frnds
[15:30] Shai : Bye all
[15:30] Shai : Have a ncie evening
[15:30] Sreedhar : Thanks Shai for a one more good day..
[15:30] Porus : Bye all
[15:30] Ashish : Thanks and bye all
[15:30] Suyash : Bye everyone
[15:30] John : Bye all 🙂
[15:30] Kathir : thanks and bye all
[15:30] Pawandeep : good bye all
[15:30] Sudhakar : Bye all
[15:30] Moses : Bye all
[15:42] Vikkas C : BYE ALL AND THNX SHAI