General Chat Transcript
Room Name: Vtrender
Date and Time: July 03, 2015 09:08:24[08:46] Vikkas C : GM all
[08:50] r m : Good Morning folks!
[08:50] r m : Hi Vikkas
[08:51] r m : Nifty JUL Future levels | Key Reference Area 8420 | Hypo1 above 8472➜8496➜8515 SL 8434 | Hypo2 below 8419➜8398➜8374 SL 8458
[08:51] r m : Banknifty JUL Future levels | KRA 18485 | Hypo1 above 18630➜18677➜18720 SL 18560 | Hypo2 below 18485➜18400➜18280 SL 18575
[08:51] Porus : GM RM and all
[08:51] r m : Hi Porus
[08:53] Shai : GM all
[08:53] Vikkas C : hi RM
[08:54] Shai : OF charts of y’day : http://www.screencast.com/t/8zoZN2BB
[08:54] Shailesh : GM all
[08:54] Shai : Pls refer to twitter handle @Am_ shai for MP charts
[08:57] Ravi Chahal : GM guys
[08:58] Sharad : GM all
[08:58] Manoj : gm rm
[08:58] Manoj : gm all
[08:59] r m : Hi Manoj
[09:00] Tejpreet : GM all.
[09:01] r m : USDINR below 63.78 support
[09:02] Sankar : GM RM, Shai and everyone 🙂
[09:02] Srini A : GM All
[09:03] Sharad : USDINR going strong down
[09:03] Venkatesan : gm shai, rm , kris and frends
[09:03] r m : Hi Sankar, Venkatesan
[09:04] Porus : Shai, are POC and value of trend day (1/7) still relevant for today?
[09:04] Sudhakar : GM All
[09:05] Venkatesan : rm please , is it possbile to view MP , in a format like x axis time(every 30mt) and y axis the corresponding TPO, atleast for FA cases?
[09:05] Venkatesan : and MP every case a b c are not appear why is that?
[09:06] Venkatesan : a b c tpo
[09:06] Sumit : GM everyone
[09:08] r m : @Venkatesan, you mean TPOs presented as time bar?
[09:08] Venkatesan : yes rm
[09:09] Venkatesan : breaking up the day MP in to 30 mts
[09:09] Ashish : GM all
[09:09] r m : @Venkatesan, here you are – service on demand 🙂
[09:10] Venkatesan : if possible i can do that after trading hrs
[09:10] r m : http://screencast.com/t/ConwtzSLdu9
[09:10] Venkatesan : sorry rm please, hope i am pushing you too much
[09:10] r m : not at all, I enjoy tinkering with charts 🙂
[09:10] Venkatesan : ::)))
[09:11] Venkatesan : lovely rm, thank you
[09:11] r m : welcome
[09:11] Tejpreet : RM another query what does density mean in the profile afl .
[09:12] r m : price allotted to each letter in Price TPO Profile
[09:12] Venkatesan : rm after H , N extended below IBL, thats i why its FA am i correct?
[09:13] Tejpreet : Thanks got it.
[09:13] r m : yes Venkatesan
[09:13] Venkatesan : thank you rm
[09:13] r m : welcome 🙂
[09:16] Sankar : those days, I use to think, first bar always have a freak low… today can see there was 1 lot traded there..
[09:17] r m : actually that 1 is a wong figure, can’t be less than 25 here
[09:17] Sankar : oops.. so its definitely a freak low then.
[09:17] r m : since it is actual qty not lots in 5 minute chart
[09:17] Hemant : GM folks
[09:20] Sandeep : gm everyone
[09:21] Shai : no weakness if abv 8436 again
[09:21] Shai : Buyers at lows
[09:21] RK : GM Shai,RM and all
[09:22] r m : Hi RK
[09:22] Shai : Buy NF
[09:22] Shai : 8455 sl of 8430 tgt 8475
[09:24] Sankar : jumped big 🙁 looks like too much of buying.
[09:25] Shai : did mention that it was fast fingers at ths open
[09:25] Shai : get in longs
[09:25] Sudhakar : shai order should be placed @8455 or ignore
[09:25] Shai : get in
[09:26] Shai : add if we get a dip
[09:26] Nandesh : in BNF also
[09:26] Shai : (09:21) Shai :no weakness if abv 8436 again
[09:26] Sudhakar : ok shai thanks
[09:26] Shai : BNF wait
[09:27] Sankar : 59 got it.
[09:29] Manoj : i got @ 8462 🙁
[09:29] RK : Shai we have any ticks below 8420?
[09:30] r m : 8418.75 recorded by desi esignal 🙂
[09:30] RK : thanks RM..
[09:30] Madhav : Shai hypo 1 active bnf?
[09:30] Shai : yes
[09:31] Madhav : ok
[09:31] Sandeep : charts working fine ?
[09:31] Sandeep : looks delayed at my end
[09:32] Shai : RK nothing at 8405 for sure
[09:32] Shai : 8416 stuck seller
[09:33] Manoj : can we book 50% @ 8475 and trail rest for 96 as per kra ???
[09:33] Shailesh : Shai 1st target will be 8475 or 8496 as per hypo
[09:33] RK : thanks Shai
[09:33] Manoj : can we buy bnf as per mrng lvls its @ 18640
[09:34] r m : (*** Private to RK ) send PM to Shai as well, maybe he forgot about stock tab 🙂
[09:34] Chetan : open type ORR #nf
[09:35] Shai : Buy BNF 18645 sl of 18580 tgt 18710
[09:35] Shai : yes tgt 2 8496
[09:35] Shai : e will raise sl to 8451 when tgt 1 done
[09:37] Sankar : Sweetly done 🙂
[09:37] Shailesh : 1 tgt done
[09:38] Shailesh : Shai can we add here with stop loss of 8451 ?
[09:39] Shailesh : if the momentum is gud then only ?
[09:39] Soumya : how are the volumes shai?
[09:41] Shai : not very high but slightly abv avg
[09:41] Shai : we got the easy part of the move now all we do is trail stops just below vwap
[09:41] Shai : Not at vwap just below**
[09:42] Madhav : ok
[09:42] Madhav : nice
[09:42] Shailesh : ok shai tahnks
[09:42] Shailesh : thanks*
[09:43] Shai : wave of sellers have jumped into price in BNF
[09:44] Venkatesan : shai sterday poor high as well low?
[09:44] r m : SD3 bands rose vertically in my charts!
[09:45] RK : 8489 still not done
[09:47] Manoj : shai i missed bnf trade can i enter now
[09:47] Venkatesan : rk spot or nf?
[09:48] RK : spot
[09:48] Venkatesan : thnka you
[09:48] Shai : Yes Manoj trade stays always
[09:48] Manoj : ok
[09:49] Shai : we trade based on orderflow and levels and if orderflow changes levels we change too
[09:49] Manoj : no doubt in tht shai
[09:50] Shai : Venkatesan when profile is balanced it is not imp – (09:44) Venkatesan :shai sterday poor high as well low?
[09:51] Tejpreet : Does the quick move from loews indicate presence ofOTf based on volumes.
[09:51] Venkatesan : ok and thank u shai
[09:52] Shai : OTF not very high based on 11L
[09:52] Shai : Would have been happeir if abv 18L in those first 15 mins
[09:52] Nandesh : whate OTF
[09:52] Tejpreet : Thanks .
[09:52] Vivek K : shai engineers india resistance pls
[09:53] Vivek K : 248-50?
[09:53] Tejpreet : Nandesh OTF means other time frame palyers .
[09:54] Shai : Vivek take it to tab 2
[09:55] Shailesh : RK your target 🙂
[09:56] RK : Shailesh 8089?
[09:56] RK : 8489 ?
[09:57] Shailesh : yup
[09:57] RK : 8495 LvN+1 there
[09:57] RK : now
[09:57] Shailesh : No you were talking abt tht thts why pointed out…nuthin of tht sort
[09:57] Rahul G : shai i feel there is an issue with tab 2 since when I reload the session discussion from history from tab 1 are still therewhereas the history from tab 2 is gone
[09:58] Rahul G : can we have the chat history there for tab 2 also
[09:58] RK : Shailesh no issues :)..I am looking for the hurdles our longs have to cross..so just reminding those nos..thats it 🙂
[09:58] Shailesh : 🙂
[10:00] Shailesh : Sellers in last 3 candles…
[10:00] Shailesh : or profit booking shai ?
[10:02] Shai : profits taken
[10:02] Shailesh : okkss
[10:03] Shai : trailing stops are 8460 on position
[10:03] Shai : Rahul chat history stays as long as you are signed in. If you reload it will give last 20 mins only
[10:03] r m : @Rahul G, Shai’s notes in tab2 are recorded in stocklevels sheet, that can be seen as chat history with only moderator’s comments 🙂
[10:04] Venkatesan : shai lvn+1 8495 belongs to which date, idea?
[10:04] Shai : weekly
[10:05] Shai : Place a part booking order in BNF at 18690 and raise tsl to 18620 when done
[10:05] Venkatesan : thakn u
[10:05] Augustin : @Shai – 8700 CE at major resistance? Can write for Intra?
[10:07] Shai : wait 30 mins more Augustin this may rise up if it is a trend day
[10:07] Sripathi : bnf entry was at 18645.entry not triggered na.
[10:07] Augustin : Ok. Tks Shai
[10:09] Augustin : @Shai – Can place limit buy order above 50 for 8700 CE?
[10:09] Sripathi : 09:35 Shai : Buy BNF 18645 . i thought this meant buy only on dips .
[10:11] Sandeep : rm currently MO at ?
[10:11] r m : @Sandeep 54
[10:12] r m : @Sripathi, it did touch 18635 at 9:37-38
[10:12] Shai : Sripathi can buy again if we reach that point
[10:13] Shai : gerenerally in BNF you will not get the correct trigger like NF as BNF more volatile
[10:13] Shai : get in 7-8 points close to it also
[10:13] Sandeep : shai get out of NF at 8496 or wait /
[10:13] Shai : Book NFnear tgt 2
[10:14] Nandesh : FRESH LONG IN bnf POSSIBLE
[10:14] Shai : Those who want to carry on day the best sl is at 8458 F
[10:15] Shailesh : shai it is trend day today ?
[10:15] Shai : expected tgts are 8513/ 8528
[10:15] Shai : yes
[10:15] Sandeep : 8515 ?
[10:15] Shailesh : ok
[10:19] Sripathi : intrestingly. i placed an order at 9:35 and enty did not got triggered. will check eod with broker.
[10:19] Shai : Augustin 8700 ce is too OTM here for a new purchase
[10:20] Shai : though it may play out eventually I feel it is best bought on the next dip in coming sessions
[10:20] Augustin : Alright Shai. Tks
[10:21] Sudhakar : shai will u suggest any nifty ce option with sl.thanks
[10:21] r m : @Sripathi, often happens like that in BNF unless order is SL-M, spread gets big at times
[10:22] r m : in this case only limit order was possbile
[10:22] r m : perhaps that 635 dip was someone’s SL-M sell order triggered 🙂
[10:22] Shailesh : VWAP is 8468?
[10:22] Sudhir : whare the tab for stocks query?
[10:23] Rahul G : sudhir tab 2
[10:23] Rahul G : on the top next two twitter
[10:23] r m : @Sudhir, No 2 tab, actually third from left 🙂
[10:24] Sudhir : ok no query from morning
[10:25] Sripathi : i too placed a limit order.
[10:25] Sripathi : any way i will keep context in the mind next time i place an order.
[10:25] r m : it gets wiped out if you refresh the page, you can visit stocklevels sheet to view past updates
[10:25] Sripathi : here the mood was bullish so i have to be flexible by a bit.
[10:26] Sid : stock level sheet ?
[10:26] r m : the one linked above your msg Sid
[10:26] Sid : k
[10:27] r m : @Sripathi, yeah, all sorts of things happen with BNF, we have stops triggered at prices not reflected in charts 🙂
[10:28] Nandesh : green delta are coming in BNF.. guide us if any long trade
[10:33] Shailesh : 40200 struck
[10:37] Sid : is there vwap mentioned somewhere in footprint..Yvwa..?
[10:37] Venkatesan : shai some gap 8448 to 8452 in MP, is that anomaly?
[10:40] Shailesh : Today shai is just too busy 🙂
[10:40] r m : @Sid, vwap should be around 8470
[10:41] r m : YVWAP is yesterday’s vwap
[10:41] Shailesh : Shai tht was jst a joke..pulling ur leg
[10:41] Sid : where did u get this current vwap ?
[10:42] Shai : Shailesh 🙂
[10:42] r m : @Sid http://tinyurl.com/nf5nd2p
[10:42] r m : choose the correct instrument and contract in that link
[10:43] Shai : am around being a friday I do look at what I’m having in the account a bit more closely so will be on/ off here
[10:43] Shai : NF has shown selling response from 8496
[10:43] Vivek K : shai last dip to 7950 was from approv 8490-500 levels right with the spike?
[10:43] Shai : we will take new NF longs abv IBH only now for 8513/ 8527 sl of 8474 just below pdh
[10:44] Shai : IBH at 8497
[10:44] Manoj : shai saab bnf also please
[10:44] Sankar : Shai, why 8460 positional SL? that too 8455 is a Prime level.. thought it wud be below that. Just curious.
[10:45] Shai : Sankar intra day sl for day
[10:45] Shai : BNF strong abv 18630 all day though upside is getting restricted again by continuous new sellers
[10:45] Shai : likely to trade 18640- 18690
[10:46] Manoj : ok
[10:46] Sankar : Oops.. misunderstood. u have said “position” I read it as “positional”. Sorry about that. lol.
[10:49] Shai : easy part of the move done in NF
[10:49] Shai : we await more info now
[10:49] Shai : but sellers coming here per orderflow
[10:49] Sankar : Yeah. good entry/tgt within IB timeframe.
[10:49] Sid : can book half contracts..?
[10:50] Shai : sid gave a full exit
[10:50] Shai : (10:13) Shai :Book NFnear tgt 2
[10:50] Sid : tgt2 is 8515..right?
[10:51] Sankar : 8496 was target 2.
[10:52] r m : hypo’s target 2 is 8515
[10:52] Manoj : shai tsl in bnf of remaining is @ 18620 right
[10:52] Shai : yes
[10:52] Manoj : if hit exit
[10:52] Sid : are we not suppose to follow hypo’s
[10:52] Shai : Sid the hypos are all day trades to be followed by the sl mentioned and exited at 3.20
[10:53] Shai : we trade that mechancially
[10:53] Shai : the intra day alerts here are different
[10:53] Sid : ok..so even if we follow hypo’s nothing wrong..but trades will be less
[10:53] Shai : I trade hypos with ATM calls and trades with F
[10:54] r m : Thanks Shai 🙂
[10:55] Sid : yeah..I write OTM puts based on hypo levels..they work accurately..
[10:55] Shai : (09:22) Shai :Buy NF(09:22) Shai :8455 sl of 8430 tgt 8475 (09:35) Shai :yes tgt 2 8496
[10:55] r m : great Sid!
[10:55] Shai : (09:35) Shai :Buy BNF 18645 sl of 18580 tgt 18710
[10:55] Shai : trade alerts abv
[10:55] Sid : cool…
[10:55] Sankar : Great Shai, Sid.
[10:55] Sankar : How you guys trade options with the Hypo levels?
[10:56] Sankar : u execute the options at market price when Futures are triggering the hypo levels?
[10:56] Sid : keep conditional orders..
[10:56] Sankar : conditional orders?
[10:56] Sankar : Zerodha provides them?
[10:57] Sid : dont know…I trade on IB
[10:57] Sankar : cool thanks.
[10:57] Sankar : Will check with zerodha on that part.
[10:57] Sankar : 🙂
[10:58] Sripathi : IB Brokerage is on higher side than Zerodha na
[10:58] Nandesh : can we buy again at 18645 BNF
[10:59] Sid : yes..but for swing functionality is more important..
[10:59] r m : @Sankar, if it is a limit buy/sell then bracket orders available in Zerodha, for SL-M need to use MIS orders
[11:00] Tejpreet : Bloomberg says Greek Refrendum is also a tie as per polls .
[11:00] Tejpreet : http://www.bloomberg.com/news/articles/2015-07-02/europe-rebuffs-greek-advance-as-poll-points-to-yes–iblvdezk
[11:00] Tejpreet : Now what 🙂
[11:00] Sripathi : how abt this idea.? atm will have half the movement of price(roughly). calculate the movement in option price and trade accordingly
[11:01] r m : yes, that has to be done with option calculator
[11:01] Sripathi : i mean one can get the levels of options by futures levels
[11:01] Sripathi : yup. not easy on brain.
[11:01] Sid : spot levels..
[11:01] Sankar : Yes RM, for futures its ok. But Shai and Sid said, they take options with the hypo levels.. I was thinking we will execute market when future triggers, but its not easy one 🙂
[11:02] Sankar : Conditional orders sounds better 🙂
[11:02] r m : ok
[11:03] Sankar : or we shud give Shai some extra work to find Hypo levels for ATM options too ;).
[11:03] Sripathi : shai . do you also use IB.
[11:03] Sankar : lol it was a joke.
[11:03] r m : @Sanakar 😀
[11:04] r m : @Sankar, I thought you were fast progressing towards asking Shai to trade your account too 🙂
[11:04] Sripathi : he will say SPOT ..NF.. BNF .. OTM .. ATM …WTF.:)
[11:04] Shailesh : RM 😉
[11:05] Sankar : Oh yeah, that will be a blessing for me RM 😀
[11:06] r m : @Sankar, but you will never learn that way only get rich 😀
[11:07] Sankar : Oh bad.. now will think how to solve this problem.. 😉
[11:08] r m : lol
[11:14] Augustin : @Shai – Any positional Shorts in Nifty by end of day?
[11:14] Varun : whts mo rm ?
[11:15] r m : was 54 last evening, will check now
[11:15] Varun : cool, thanks
[11:17] r m : +65
[11:17] Soumya : so longs are risky now
[11:17] r m : now bulls have a bell hanging from their neck 🙂
[11:18] Soumya : as it is above 60 in fact 65 !!
[11:18] Vivek K : rm bell or balls?
[11:18] r m : lol
[11:18] Varun : rm give me a flushout first
[11:19] r m : yes Varun, how much above 8500 you want? 🙂
[11:19] Varun : lvn3 😉
[11:20] r m : ok 🙂
[11:21] Varun : i want the coil to be really tweaked this time
[11:21] Augustin : @Varun – Flush out of Shorts or Longs?
[11:22] Varun : like 85 types
[11:22] Sandeep : varun getting greedy
[11:22] Sharad : what price is LVN3 Varun ?
[11:22] Varun : not seen an 80 mo for 3 months now
[11:22] Varun : see top left screen
[11:22] Varun : lvn 3 was just kidding
[11:23] Sharad : 8605 … wah
[11:23] Varun : i mite buya nd sell 4 times till thr
[11:23] r m : 🙂
[11:23] Sharad : how about LVN2 8558 today ?
[11:23] Varun : this 8520 poc of which day
[11:23] Varun : @shai
[11:27] Shai : 22/05
[11:28] r m : @Varun – http://screencast.com/t/tbGDZLh5i
[11:28] Shai : we are finally abv that 02 june profile
[11:28] Shai : and should do 8520 F today
[11:29] Shailesh : @Shai if we are not able to do tht traget then the attempt wud be again to reach 8190 as discussed yesterday ?
[11:30] Varun : thnks rm, this profile was dominated by bulls
[11:30] Shai : 8190 off for now
[11:30] Varun : should be easy for vah of this profile
[11:30] Varun : new learing
[11:30] Varun : learning
[11:30] Shailesh : ok Shai
[11:31] Shailesh : thanks
[11:31] Varun : i am trying
[11:31] Varun : lets see
[11:31] r m : yes Varun, but next day bears came infull force
[11:31] r m : i mean after 22nd
[11:31] Varun : rm, we have covered those singles and profile
[11:31] Manoj : can we enter long in nifty here in some qty ??
[11:31] Varun : its a very stong thing
[11:32] Nandesh : 8520 in NF then how much we can expect in BNF
[11:33] r m : yes Varun
[11:33] Shai : Manoj sl given on ay at 8458 to manage
[11:33] Shai : we are taking fresh abv IBH only
[11:33] Manoj : ok
[11:33] Shai : day*
[11:34] Manoj : i exited all @ 96 hence was asking
[11:34] Shai : repeat 8458 and 18620 are my stops for longs on day.
[11:34] Manoj : ok koi nahi
[11:34] Shai : bullishness over if they go
[11:34] Varun : shai are u going by vah- filter
[11:34] Shai : yes
[11:35] Varun : thanks
[11:35] Nandesh : 8520 in NF then how much we can expect in BNF
[11:41] Shai : 18720/ 18750 bnf
[11:42] Nandesh : thx
[11:42] Vikkas C : my biased view is not letting me trade today
[11:45] Ashish : Vikkas, short side??
[11:47] Vikkas C : yup
[11:47] Varun : whts wvap ?
[11:47] Vikkas C : 8470
[11:48] Varun : thnx
[11:48] Vikkas C : no worries
[11:49] Ashish : yes vikkas, me too on short side after booking profits in longs in morning..
[11:51] Ashish : BNF @ VWAP
[11:52] Manoj : kotak bank sold at bad news
[11:53] Vikkas C : @Ashish i didnt take the long trade cos of the biased view 🙁
[11:53] Vikkas C : what bad news manoj ?
[11:53] Shailesh : Happens with me Vikkas all the time 🙁
[11:54] Srini A : @Vikkas FIPB approval deferred for Kotak
[11:54] Vikkas C : monday will trade with more clarity or if get a chance to short today if master says so ..
[11:54] Shailesh : I think its their 3rd attempt
[11:54] Shailesh : yup
[11:54] Shailesh : Srini?
[11:54] Vikkas C : ohh..ok thanx srini
[11:54] Srini A : and that shows in BNF now
[11:54] Manoj : fipb 55% limit case
[11:57] Srini A : Yes Shailesh, In fact, CNBC says its not even happening on next meet in mid July
[12:00] Ashish : BN @ 18620…
[12:01] Shai : positions flat inn NF/ BNF now
[12:01] Manoj : bnf tsl hit @ 18618 mine ;(
[12:01] Shai : let’s wait
[12:01] Manoj : ok
[12:02] Shailesh : Thanks Srini
[12:03] Shailesh : Shai it is 3rd attempt to move above 8500…and still loking not tht strong on volumes front..any suggestion to look the profile now?
[12:06] Nandesh : BNF at 18620 heavy red delta -13900.. is ti due to lot of SL triged
[12:06] Shai : yes sellers seen but no weakness till vwap goes
[12:07] Shai : yes Nandesh
[12:07] Shai : coud also be shorts trapped
[12:07] Nandesh : ok
[12:08] Chetan : shai..here in mp charts value area and poc are based on tpo s or volume?
[12:08] Shai : volumes
[12:08] Shai : My pref has always been volume profile
[12:08] Chetan : ok thanks
[12:09] Srini A : @Shai, Is Rotation factor indicated anywhere in the chart?
[12:09] Shailesh : Ok shai
[12:11] Srini A : BNF recouped everything 🙂
[12:11] Nandesh : oder flow is turning green
[12:11] Shai : Srini it’s there on the MP chart
[12:12] Srini A : Oh Ok, Thanks. Just noticed
[12:13] Shai : just put it up actually
[12:14] Srini A : Ok
[12:16] Nandesh : oderflow is turning puple to green.. when we consider conermed colour change
[12:16] Nandesh : confirm
[12:21] Porus : Wild swings on Shanghai exchange today
[12:25] Porus : Shai, is there also a sell below VAL?
[12:26] Shai : it works on vols coming in . confirmation wll be when that bar has closed
[12:26] Porus : ok
[12:26] Shai : since current vol is only 1.3 L it is fluctuating
[12:26] Shai : NO Porus no sell below yet
[12:27] Manoj : any chance of nf blasting up & squeesing all shorts today shai
[12:28] Shai : has to take out our LVN 8495 then possible
[12:28] Nandesh : do u still belive today can be up trend day?
[12:28] Shai : No not a trend day
[12:28] Shai : move stalled after IB
[12:28] Shai : On a trend day I would not have given the exit 🙂
[12:29] Sankar : 🙂
[12:29] Shai : trend days are all about holding and bumping up sl’s
[12:33] Shailesh : Shai between 8454 and 8448 there is a vacum there does it mean tht gap to be filled before we move up ?
[12:33] Sandeep : shai any longs near to vwap /
[12:34] Shai : Sell BNF 18600 sl of 18650 tgt 18540
[12:34] Ashish : finally a sell call from master
[12:34] Ashish : 🙂
[12:35] Shai : 🙂
[12:36] Rajat : Is it for intraday??
[12:36] Shai : It’s a proper MP setup now that it is in yesterday value
[12:36] Shai : sl is just abv vwap
[12:36] Ashish : Shai, still waiting for 8458 to break
[12:36] Shai : yes Rajat
[12:40] Nandesh : in BNF at 18600 heavy green delta ..what it mean
[12:47] Ashish : getting serious
[12:47] Sandeep : shai out of nf longs ?
[12:47] Manoj : all sl ate @ 56.85
[12:49] Shai : yes sandeep flat
[12:49] Shai : in NF
[12:49] Shai : BNf in short
[12:49] Sandeep : okay
[12:50] Shai : Nandesh greens are buyers
[12:50] Shai : reds sellers
[12:50] Shai : no meaning except that they are trapped
[12:51] Sankar : @Shai, just curious, how to say they are trapped? they may have exited at different places right? or I am missing something?
[12:52] Shai : yes could be exit orders also
[12:52] Shai : but my point is when you see greens they are buyers and reds mean sellers
[12:53] Shai : can’t say ever if they are intra day or positionals. That gets decided only by OI data
[12:53] Sankar : ok cool thanks. I see sometimes here messages with buyers/sellers traped. Always curious how to find that :).
[12:53] Sankar : Ok.
[12:54] Shai : see in Nf also now same thing
[12:54] Shai : at 8455
[12:54] Shai : now the buyer in the next candle
[12:55] Shai : Exit BNF here at 18618
[12:55] Shai : teh dip has forced buyers out
[12:55] Manoj : done
[12:56] Shai : and added a few extra sellers
[12:56] Rajat : exit for short right in BNF?
[12:56] Shai : yes
[12:56] Ashish : and a big seller trapped @ 8456
[12:56] Shai : 18580 is showing aggressive buying bnf
[12:57] Rajat : ok
[12:57] Manoj : 79950 is tht seller ???
[12:57] Venkatesan : shai bnf poor high 2day?
[12:58] Ashish : Yes manoj…
[13:01] Manoj : shai any 40point trade in nifty today u feel
[13:02] Shai : Buy NF 8480 sl of 8450 tgt 8515
[13:03] Sid : green means volume at ask and red means volume at bid …correct
[13:03] Sid : sorry the other way round..
[13:04] Shai : no
[13:04] Shai : it’s always bid x ask
[13:04] Shai : bid traded is sell volume and shown in red
[13:04] Shai : and ask traded is buy volume and shown in green
[13:05] Sid : yes..this is my understanding..
[13:05] Shai : for a min can I have everyone’s attention on the NF 5 min screen
[13:05] Nandesh : can buy bnf also
[13:05] Manoj : sure
[13:06] Sid : yes sir
[13:06] Varun : yup
[13:06] Sankar : yes
[13:06] Sudhakar : yup
[13:06] Rajat : ok
[13:06] Srini A : yes
[13:06] Ashish : yes
[13:06] Porus : yes sai
[13:06] Venkatesan : nice shai
[13:06] Shai : ok that tick chart is tick data coming in
[13:06] Shai : see the blues and the reds
[13:07] Sid : k
[13:07] Augustin : ok
[13:07] Shai : blue is volume coming on buy side or at ask
[13:07] Shailesh : yes shai
[13:07] Sid : k
[13:07] Shai : red is the volumes at bids or by sellers
[13:07] Sid : k
[13:08] Sid : k
[13:08] Shai : when a price is traded say 8480 now
[13:08] Manoj : ok
[13:08] Sid : k
[13:08] Sankar : filled with buyers now.
[13:08] Shai : if buyer pushed the seller to sell him at mkt the offer is said to be lifted and hence blue
[13:08] Sharad : Shai what is that coloumn of +
[13:09] Shai : if the seller pushes the bids down he got better price and hence sells
[13:09] Shai : sells will be shown in 1000’s on our charts not this 25/ 50 here
[13:09] Shai : same with blues
[13:10] Shai : hope I’m clear??
[13:10] Manoj : yes sir
[13:10] Ashish : very clear shai, thanks for this 🙂
[13:10] Sid : ok..clear..
[13:10] Venkatesan : thank you shai
[13:10] Srini A : Yes, Thanks for this
[13:10] Sharad : yes
[13:10] Porus : yes shai
[13:10] Sharad : (13:08) Sharad :Shai what is that coloumn of +
[13:10] Sandeep : yes
[13:11] Shai : + is the number of times the bid got lifted
[13:11] Shai : offer*
[13:11] Sharad : ok
[13:11] Sid : would love a webinar for more deeper understanding..
[13:11] Shai : bid dropped**
[13:11] Shai : thanks
[13:12] Shai : simple on chart left is sellers and right is buyers
[13:12] Shai : reds sellers and greens buyers
[13:12] Shai : sellers x buyers
[13:12] Sid : great..
[13:12] Manoj : gr8 shai
[13:13] Rahul B : jindal steel short at this level for target of 75
[13:14] Rahul B : hexaware also short for 238 prob zone
[13:14] Ashish : @rahul, all the stock queries shifted to 2nd tab..
[13:15] Rahul B : ok ashishji
[13:16] Ashish : rahulji 😉
[13:20] Ashish : common sellers, break vwap…
[13:20] r m : my chat is runnning 5 minutes late so don’t be surprised if they appear out of context 🙂
[13:20] Ashish : 🙂
[13:24] Shailesh : @Ashish we are in long trade..
[13:24] Ashish : oh yes….for sure…. just tteasing sellers 😉
[13:24] Ashish : teasing*
[13:25] Shailesh : 😉
[13:25] Shai : NF needs more buyers abv vwap
[13:25] Shai : sellers are coming back
[13:26] Ashish : i hope they don’t ttease me back 😉
[13:26] Ashish : tease*
[13:26] r m : bears don’t tease, they bite and maul 🙂
[13:27] Ashish : common RM, we don’t want it atleast today… to spoil a nice weeekend
[13:27] r m : 🙂
[13:29] Ashish : yeh toh serious hi ho gaye
[13:30] Shai : enter sl in system for longs- exit if breaks
[13:30] Vikkas C : webinar wud just be awesome Shai
[13:31] Ashish : Shai, aggressive sellers are in now?
[13:32] Shai : yes
[13:32] Shai : sellers
[13:32] Ashish : thanks
[13:32] Shailesh : can we close longs here ?
[13:32] Shailesh : entered @8480
[13:32] Shai : close near vwap
[13:33] Shailesh : ok
[13:33] Manoj : 8471 will tht b fine
[13:33] Shai : thank you for the feedback
[13:34] Vikkas C : shai 1st in queue for the webinar 🙂 waiting for it
[13:34] Vikkas C : hope u take it sometime soon
[13:34] Tejpreet : Shai can you share the results ..if you ok about it.
[13:34] Manoj : 8471???
[13:34] Venkatesan : tej u want 2 know where u stand?
[13:34] Vikkas C : hahaha venkat
[13:35] Tejpreet : Nhai yaar …want to know if webinar coming 😉
[13:35] Shai : exit the NF long trades. we stay flat again
[13:35] r m : video posted on youtube some time back – https://t.co/TDlQmcmnz3
[13:35] Venkatesan : :))))) @ tej
[13:36] Shai : Oh I just closed it Tejpreet – was between 2 and 3 mostly
[13:36] Tejpreet : So guess then webinar is on 🙂
[13:36] Shai : we will do something on it though
[13:36] Vikkas C : RM i have seen that video like soo many times now
[13:36] Shai : yes we will have a webinar
[13:36] Vikkas C : super shai ..
[13:36] Shai : I want all to understand the orderflow here- it is vital
[13:36] Tejpreet : yipeeeee
[13:37] Vikkas C : BTW staretd to watch FOV ..saw the 1st part and damn hes good at what he explains
[13:38] Vikkas C : shai below what lvls shorts can be initiated or safe as per u ?
[13:41] VR : my two cents. marketdelta has great pdf documents. print them out and read them in your free time. about order flow and other stuff
[13:41] VR : might prepare us better for Shai’s webinar as well
[13:42] Venkatesan : vr please send the copy to [email protected]
[13:43] VR : I don’t have any saved. When I sit and download I will. I just google and marketdelta results are top of obvious reason 🙂
[13:43] Venkatesan : thank you vr
[13:43] VR : marketdelta website I mean.
[13:43] Venkatesan : got it vr
[13:44] Venkatesan : vwap very strong
[13:47] Venkatesan : posisbility of spike shai?
[13:52] Vikkas C : @RM sahab koi trade bolo yaar ..
[13:53] Vikkas C : poor high in NF
[13:53] Vikkas C : shia ?
[13:53] Venkatesan : no vikhas but in bnf
[13:53] Manoj : i want 160 points trade in nf or a 60 point trade in nf
[13:53] Venkatesan : i guess
[13:53] Venkatesan : DEF TPO in the top of MP
[13:54] Manoj : to cover my june & intra today losses
[13:54] Vikkas C : RM type karte karte kaha gul ho gaye 😛
[13:54] Vikkas C : i think NF also has a poor high
[13:54] r m : 🙂
[13:54] Venkatesan : only single print in the top of mp F
[13:55] Vikkas C : yuo venkat
[13:55] Vikkas C : *yup
[13:55] r m : sirf smiley type kar raha tha
[13:55] Vikkas C : trade toh bolo koi
[13:55] Vikkas C : jo app bolenge woh mein karunga ..aap sirf trade do aaj ek
[13:56] Vikkas C : :p
[13:56] r m : ye to bada mushkil kaam hai, sirf Shai aur Kris ko aata hai 🙂
[13:56] Vikkas C : hahaha..
[13:57] Venkatesan : manoj, only spike can satisfy your conditions
[13:57] Vikkas C : where is kris
[13:57] Ashish : where is kris Rm? any idea
[13:57] Vikkas C : hes not to be seen in the room
[13:57] Vikkas C : guys heromoto ..what ur take
[13:57] Vikkas C : @RK @tejpreet
[13:57] r m : Yes, busy with his projects, hope to see him back next week
[14:00] Vikkas C : today seems everyones already come in weekend mood
[14:00] Tejpreet : Vikkas heromoto is long as per my system from 2540 sl below 2500 but am not trading it.
[14:00] Tejpreet : All futures value.
[14:01] Vikkas C : same is in my system ..but waiting for it to close abv 2585 in future hrly candle to enter
[14:01] Vikkas C : been reversing from these lvls a lot
[14:01] Tejpreet : Stocks obey Shai command so best to enter when his levels hit.
[14:02] Vikkas C : trgt 2700
[14:02] Vikkas C : yeah ..waiting for his reply 🙂
[14:02] Tejpreet : oops we are in chat 1 …stocks in chat 2.
[14:02] Vikkas C : oops
[14:03] Vikkas C : general question … brkouts given on friday ..can they be trusted or better to initiate on monday ?
[14:04] Sankar : Stand up on the bench both of you 😀
[14:04] Augustin : ha ha
[14:04] Ashish : 🙂
[14:05] Tejpreet : 🙂
[14:05] r m : @Sankar, rahne do, bench toot jayegi 🙂
[14:06] Vikkas C : :p
[14:06] Ashish : hahah rm
[14:08] Sandeep : shai today again looks like a balanced profile
[14:08] Sandeep : till now
[14:11] Shai : yes uptrend halted at IBH at 10.15 suddenly- could have been a good
[14:11] Shai : but normal day again
[14:11] Shai : price coming back to vwap
[14:12] Shai : nothing directional till 8455 and 8497 break
[14:17] Sankar : ok.
[14:18] Sankar : @rm, lol.
[14:18] Sankar : @Shai, positionally safe is to have Sl near 8390 area?
[14:22] Shai : buy a hege also an OTM put if longs
[14:22] Shai : MO is not safe for largish long positions here
[14:23] Nandesh : I m just wondering what if some take position based on oderflow. When one bar complete and confirm change in colour then trade in direction
[14:24] Nandesh : Continuous trade
[14:26] Tejpreet : Shai below 8455 quick scalp trade target
[14:26] Sandeep : shai too thin volumes ?
[14:31] Shai : 8435 below 8455 but high risk
[14:31] Tejpreet : Got it…..
[14:34] Vikkas C : shai anyway to find out if longs or shorts are getting built up for keeping sundays refrendum in mind ?
[14:36] Manoj : yes shai even i have same Q
[14:37] Vikkas C : manoj whats ur astro saying ?
[14:37] Manoj : full on bullish
[14:37] Vikkas C : deal or no deal or extension
[14:37] Vikkas C : hmm..ok
[14:38] Manoj : bullish on nifty and possibly global market esp dax and nasdaq
[14:39] r m : referendum result is known, so there can’t be any surprise there!
[14:39] Vikkas C : and the result is ?
[14:39] Manoj : but i need shai toconfirm my view only then i willgo long
[14:39] r m : Greeks will definitely say no to austerity measures
[14:40] Vikkas C : so that is bad for the mkts naa then
[14:40] Manoj : rm will that B bad for mkt ??
[14:41] r m : market alrdy knows that so that is in the price 🙂
[14:41] Porus : Saw a flowchart on BBerg, either way leads to more bailout.
[14:42] Vikkas C : better to make positions on monday i suppose ..
[14:43] Vikkas C : my biased is gap down and then rallying just like last monday
[14:43] RK : Vikkas poor net and no power here..Just saw your comment..Hero was in buy above that 2500 levels..had made enough bottom there..but not trading it as had good trades in June with that counter..so quit..
[14:43] Vikkas C : no worries RK 🙂
[14:44] Srini A : Good no of buyers in BNF
[14:44] Vikkas C : seems to be getting ready for the next upmove though..
[14:45] Vikkas C : RM can u explain the 2.40 candle
[14:45] Venkatesan : bnf poor high
[14:45] Venkatesan : ready
[14:45] Porus : bnf
[14:45] Vikkas C : price went up and but delta is big red
[14:46] RK : Vikkas either you gap it down or up but make a drive..but dont give dump and pump..running out of pants 🙂
[14:46] Vikkas C : hahah RK
[14:46] Hemant : Lol @RK
[14:47] Manoj : lol rk
[14:47] Vikkas C : im not doing anything RK..gaps will be created by the event we just look to be in the right direction
[14:47] r m : @Vikkas, my net is giving me so much trouble that I can’t even see the charts leave aside explanations 🙁
[14:47] Vikkas C : 🙁
[14:47] Srini A : Flying
[14:48] Manoj : shai saab bachao
[14:48] Manoj : bolo kya karein ???
[14:49] Vikkas C : ohhhoo i missed the buying in century on shai’s lvl 🙁
[14:49] Vikkas C : shittt..one good trade missed
[14:51] Srini A : Above IBH now
[14:51] RK : last monday gap was still wondering..that Friday I believe no TA system would have given short signal for next week!
[14:51] RK : RM me to same issue running late by 4 mins
[14:52] Manoj : shai sir pls help
[14:52] Manoj : where to enter or let it b
[14:52] Venkatesan : shai said above day high breakout possible
[14:53] Srini A : BNF Hypo 1 achieved
[14:53] Vikkas C : yes RK..only shai cud decipher the gap down 😉
[14:53] Venkatesan : (14:12) Shai :nothing directional till 8455 and 8497 break
[14:53] Vikkas C : hence asking him again
[14:53] Porus : Shai, do you see 8515 in this move?
[14:53] Venkatesan : bnf poor high repaired
[14:53] Hemant : (10:43) Shai :we will take new NF longs abv IBH only now for 8513/ 8527 sl of 8474
[14:54] Srini A : yes Venktesan
[14:54] Hemant : Porus, still some bit to be done in NF
[14:54] Srini A : Will that be a selling tail then?
[14:55] r m : MO cools down to 51
[14:56] RK : test
[14:57] r m : passed wtih flying colors!
[14:57] Vikkas C : nf poor high again ?/
[14:57] Vikkas C : or is that failed auction ?
[14:57] Venkatesan : no vikhas
[14:58] r m : IB not broken, so no failed auction
[14:58] Manoj : in bnf do we have FA
[14:58] Srini A : @RM, BNF will be a failed auction?
[14:58] Vikkas C : ok RM
[14:58] Ashish : trapped buyers in BNF, gonna be interesting
[14:58] Manoj : i am long @ 686
[14:58] Venkatesan : bnf was poor high half an hour before
[14:59] r m : @Srini, BNF will be FA only if it goes below IBL now
[14:59] Srini A : Oh ok, understood
[15:04] Manoj : lagta hai shai is gone for the day cozz mkt moved somuch and he not replied anything
[15:05] r m : where did it move man, NF still inside IB, BNF probed outside and came back 🙂
[15:05] Srini A : RM 🙂
[15:06] Venkatesan : :)) yes rm
[15:06] Manoj : yaar i m trapped in bnf and tht move of in and out is big for me
[15:06] Srini A : At best we can do scalping looking at OF. Else, BP will shoot up
[15:07] Vikkas C : MANOJ r u short
[15:07] RK : RM am seeing your flying colours comment by 15.07..seems we both will be chating here till 4.00 🙂
[15:07] r m : lol
[15:08] Shai : (14:12) Shai :nothing directional till 8455 and 8497 break
[15:08] Manoj : no long @ wrong time
[15:08] Shai : (14:11) Shai :price coming back to vwap
[15:08] Shai : (14:11) Shai :but normal day again
[15:08] r m : @RK, we need not invest in time machine, we travel back in time for free 🙂
[15:09] Shai : Nothing cahnged in one hour so where is the confusion?
[15:09] Sankar : probably bcoz 8455 was broken and it failed.. but still not going anywhere.. lol. NF is sleeping.
[15:10] Shai : ok
[15:10] Tejpreet : Iwent in for that 8455 but with just 9 point sl as Shai said it was risky trade.
[15:10] Shai : BNf also wants rest
[15:10] Shai : move above IBH saw only reds
[15:10] Shai : buyers at lows but not willing to commit higher
[15:11] Vikkas C : SHAI any trade idea for monday idea ?
[15:11] Vikkas C : *monday open
[15:11] Shai : small qty for Mon/ tues is to buy an 8400 put speculative
[15:11] Shai : not for open
[15:11] r m : MO has cooled down to 50 Shai
[15:12] Shai : ok
[15:13] Vikkas C : hmm..better to avoid carrying positons over the weekend
[15:13] Soumya : shai i want to work on my discipline, patience and mindset as a trader – can you suggest some good read or videos or material for weekend read?
[15:15] Venkatesan : P TPO of bnf breaks ib but NF not
[15:16] Sid : or weekend webinar..
[15:19] RK : ROFL :))
[15:20] r m : 18720 done!
[15:20] Srini A : No more selling tail 🙂
[15:21] Shai : Soumya I’m not aware of any.
[15:21] Shai : Anybody else can answer 15 :13 Soumya
[15:22] Tejpreet : Shai time for the speculative put now.
[15:22] r m : @Soumya, Just follow Shai or RK, two supe calm traders 🙂
[15:24] Shai : yes speculative looking at buyers to reenter around 8380 spot
[15:24] Tejpreet : Great .
[15:25] Sankar : Yup. I am just followig Shai on NF/BNF. blindly. Trading with small quantity, so that loss won’t affect much.
[15:26] Sankar : actually, its +ve only.. had one bad day I guess….
[15:26] Sankar : but its recovered.
[15:28] Shai : close coming at week highs
[15:28] r m : normally all normal days are bad days unless one is good at supp/resistance trading
[15:28] Soumya : ok rm will do the same
[15:29] Sankar : its a very good close..
[15:29] Soumya : thank you brother
[15:29] Shailesh : CLose at weeks high means reversal?
[15:29] Shai : no
[15:30] Shailesh : okk
[15:30] Shai : 8495
[15:30] Hemant : Ty Shai, have a great weekend folks 🙂
[15:30] Shai : bye all
[15:30] Manoj : closed @ IBH
[15:30] r m : Thanks and bye folks, have a great weekend 🙂
[15:30] Shailesh : Thanks everybday and Shai..by all
[15:30] Shai : enjoy the weekend
[15:30] Manoj : bye shai
[15:30] Sankar : Bye All. 🙂
[15:30] Shai : catch up mon
[15:30] Sandeep : bye all
[15:30] Tejpreet : Bye all.
[15:30] Ashish : Bye all
[15:30] Sankar : have a good weekend.
[15:30] Sandeep : sure
[15:30] Manoj : bye all
[15:30] Sudhakar : bye shai thanks
[15:30] Sudhakar : bye all
[15:30] Srini A : Thanks all, have a great weekend
[15:30] Porus : bye all
[15:30] Vikkas C : bye all
[15:31] Venkatesan : thank u shai
Date and Time: July 03, 2015 09:08:24[08:46] Vikkas C : GM all
[08:50] r m : Good Morning folks!
[08:50] r m : Hi Vikkas
[08:51] r m : Nifty JUL Future levels | Key Reference Area 8420 | Hypo1 above 8472➜8496➜8515 SL 8434 | Hypo2 below 8419➜8398➜8374 SL 8458
[08:51] r m : Banknifty JUL Future levels | KRA 18485 | Hypo1 above 18630➜18677➜18720 SL 18560 | Hypo2 below 18485➜18400➜18280 SL 18575
[08:51] Porus : GM RM and all
[08:51] r m : Hi Porus
[08:53] Shai : GM all
[08:53] Vikkas C : hi RM
[08:54] Shai : OF charts of y’day : http://www.screencast.com/t/8zoZN2BB
[08:54] Shailesh : GM all
[08:54] Shai : Pls refer to twitter handle @Am_ shai for MP charts
[08:57] Ravi Chahal : GM guys
[08:58] Sharad : GM all
[08:58] Manoj : gm rm
[08:58] Manoj : gm all
[08:59] r m : Hi Manoj
[09:00] Tejpreet : GM all.
[09:01] r m : USDINR below 63.78 support
[09:02] Sankar : GM RM, Shai and everyone 🙂
[09:02] Srini A : GM All
[09:03] Sharad : USDINR going strong down
[09:03] Venkatesan : gm shai, rm , kris and frends
[09:03] r m : Hi Sankar, Venkatesan
[09:04] Porus : Shai, are POC and value of trend day (1/7) still relevant for today?
[09:04] Sudhakar : GM All
[09:05] Venkatesan : rm please , is it possbile to view MP , in a format like x axis time(every 30mt) and y axis the corresponding TPO, atleast for FA cases?
[09:05] Venkatesan : and MP every case a b c are not appear why is that?
[09:06] Venkatesan : a b c tpo
[09:06] Sumit : GM everyone
[09:08] r m : @Venkatesan, you mean TPOs presented as time bar?
[09:08] Venkatesan : yes rm
[09:09] Venkatesan : breaking up the day MP in to 30 mts
[09:09] Ashish : GM all
[09:09] r m : @Venkatesan, here you are – service on demand 🙂
[09:10] Venkatesan : if possible i can do that after trading hrs
[09:10] r m : http://screencast.com/t/ConwtzSLdu9
[09:10] Venkatesan : sorry rm please, hope i am pushing you too much
[09:10] r m : not at all, I enjoy tinkering with charts 🙂
[09:10] Venkatesan : ::)))
[09:11] Venkatesan : lovely rm, thank you
[09:11] r m : welcome
[09:11] Tejpreet : RM another query what does density mean in the profile afl .
[09:12] r m : price allotted to each letter in Price TPO Profile
[09:12] Venkatesan : rm after H , N extended below IBL, thats i why its FA am i correct?
[09:13] Tejpreet : Thanks got it.
[09:13] r m : yes Venkatesan
[09:13] Venkatesan : thank you rm
[09:13] r m : welcome 🙂
[09:16] Sankar : those days, I use to think, first bar always have a freak low… today can see there was 1 lot traded there..
[09:17] r m : actually that 1 is a wong figure, can’t be less than 25 here
[09:17] Sankar : oops.. so its definitely a freak low then.
[09:17] r m : since it is actual qty not lots in 5 minute chart
[09:17] Hemant : GM folks
[09:20] Sandeep : gm everyone
[09:21] Shai : no weakness if abv 8436 again
[09:21] Shai : Buyers at lows
[09:21] RK : GM Shai,RM and all
[09:22] r m : Hi RK
[09:22] Shai : Buy NF
[09:22] Shai : 8455 sl of 8430 tgt 8475
[09:24] Sankar : jumped big 🙁 looks like too much of buying.
[09:25] Shai : did mention that it was fast fingers at ths open
[09:25] Shai : get in longs
[09:25] Sudhakar : shai order should be placed @8455 or ignore
[09:25] Shai : get in
[09:26] Shai : add if we get a dip
[09:26] Nandesh : in BNF also
[09:26] Shai : (09:21) Shai :no weakness if abv 8436 again
[09:26] Sudhakar : ok shai thanks
[09:26] Shai : BNF wait
[09:27] Sankar : 59 got it.
[09:29] Manoj : i got @ 8462 🙁
[09:29] RK : Shai we have any ticks below 8420?
[09:30] r m : 8418.75 recorded by desi esignal 🙂
[09:30] RK : thanks RM..
[09:30] Madhav : Shai hypo 1 active bnf?
[09:30] Shai : yes
[09:31] Madhav : ok
[09:31] Sandeep : charts working fine ?
[09:31] Sandeep : looks delayed at my end
[09:32] Shai : RK nothing at 8405 for sure
[09:32] Shai : 8416 stuck seller
[09:33] Manoj : can we book 50% @ 8475 and trail rest for 96 as per kra ???
[09:33] Shailesh : Shai 1st target will be 8475 or 8496 as per hypo
[09:33] RK : thanks Shai
[09:33] Manoj : can we buy bnf as per mrng lvls its @ 18640
[09:34] r m : (*** Private to RK ) send PM to Shai as well, maybe he forgot about stock tab 🙂
[09:34] Chetan : open type ORR #nf
[09:35] Shai : Buy BNF 18645 sl of 18580 tgt 18710
[09:35] Shai : yes tgt 2 8496
[09:35] Shai : e will raise sl to 8451 when tgt 1 done
[09:37] Sankar : Sweetly done 🙂
[09:37] Shailesh : 1 tgt done
[09:38] Shailesh : Shai can we add here with stop loss of 8451 ?
[09:39] Shailesh : if the momentum is gud then only ?
[09:39] Soumya : how are the volumes shai?
[09:41] Shai : not very high but slightly abv avg
[09:41] Shai : we got the easy part of the move now all we do is trail stops just below vwap
[09:41] Shai : Not at vwap just below**
[09:42] Madhav : ok
[09:42] Madhav : nice
[09:42] Shailesh : ok shai tahnks
[09:42] Shailesh : thanks*
[09:43] Shai : wave of sellers have jumped into price in BNF
[09:44] Venkatesan : shai sterday poor high as well low?
[09:44] r m : SD3 bands rose vertically in my charts!
[09:45] RK : 8489 still not done
[09:47] Manoj : shai i missed bnf trade can i enter now
[09:47] Venkatesan : rk spot or nf?
[09:48] RK : spot
[09:48] Venkatesan : thnka you
[09:48] Shai : Yes Manoj trade stays always
[09:48] Manoj : ok
[09:49] Shai : we trade based on orderflow and levels and if orderflow changes levels we change too
[09:49] Manoj : no doubt in tht shai
[09:50] Shai : Venkatesan when profile is balanced it is not imp – (09:44) Venkatesan :shai sterday poor high as well low?
[09:51] Tejpreet : Does the quick move from loews indicate presence ofOTf based on volumes.
[09:51] Venkatesan : ok and thank u shai
[09:52] Shai : OTF not very high based on 11L
[09:52] Shai : Would have been happeir if abv 18L in those first 15 mins
[09:52] Nandesh : whate OTF
[09:52] Tejpreet : Thanks .
[09:52] Vivek K : shai engineers india resistance pls
[09:53] Vivek K : 248-50?
[09:53] Tejpreet : Nandesh OTF means other time frame palyers .
[09:54] Shai : Vivek take it to tab 2
[09:55] Shailesh : RK your target 🙂
[09:56] RK : Shailesh 8089?
[09:56] RK : 8489 ?
[09:57] Shailesh : yup
[09:57] RK : 8495 LvN+1 there
[09:57] RK : now
[09:57] Shailesh : No you were talking abt tht thts why pointed out…nuthin of tht sort
[09:57] Rahul G : shai i feel there is an issue with tab 2 since when I reload the session discussion from history from tab 1 are still therewhereas the history from tab 2 is gone
[09:58] Rahul G : can we have the chat history there for tab 2 also
[09:58] RK : Shailesh no issues :)..I am looking for the hurdles our longs have to cross..so just reminding those nos..thats it 🙂
[09:58] Shailesh : 🙂
[10:00] Shailesh : Sellers in last 3 candles…
[10:00] Shailesh : or profit booking shai ?
[10:02] Shai : profits taken
[10:02] Shailesh : okkss
[10:03] Shai : trailing stops are 8460 on position
[10:03] Shai : Rahul chat history stays as long as you are signed in. If you reload it will give last 20 mins only
[10:03] r m : @Rahul G, Shai’s notes in tab2 are recorded in stocklevels sheet, that can be seen as chat history with only moderator’s comments 🙂
[10:04] Venkatesan : shai lvn+1 8495 belongs to which date, idea?
[10:04] Shai : weekly
[10:05] Shai : Place a part booking order in BNF at 18690 and raise tsl to 18620 when done
[10:05] Venkatesan : thakn u
[10:05] Augustin : @Shai – 8700 CE at major resistance? Can write for Intra?
[10:07] Shai : wait 30 mins more Augustin this may rise up if it is a trend day
[10:07] Sripathi : bnf entry was at 18645.entry not triggered na.
[10:07] Augustin : Ok. Tks Shai
[10:09] Augustin : @Shai – Can place limit buy order above 50 for 8700 CE?
[10:09] Sripathi : 09:35 Shai : Buy BNF 18645 . i thought this meant buy only on dips .
[10:11] Sandeep : rm currently MO at ?
[10:11] r m : @Sandeep 54
[10:12] r m : @Sripathi, it did touch 18635 at 9:37-38
[10:12] Shai : Sripathi can buy again if we reach that point
[10:13] Shai : gerenerally in BNF you will not get the correct trigger like NF as BNF more volatile
[10:13] Shai : get in 7-8 points close to it also
[10:13] Sandeep : shai get out of NF at 8496 or wait /
[10:13] Shai : Book NFnear tgt 2
[10:14] Nandesh : FRESH LONG IN bnf POSSIBLE
[10:14] Shai : Those who want to carry on day the best sl is at 8458 F
[10:15] Shailesh : shai it is trend day today ?
[10:15] Shai : expected tgts are 8513/ 8528
[10:15] Shai : yes
[10:15] Sandeep : 8515 ?
[10:15] Shailesh : ok
[10:19] Sripathi : intrestingly. i placed an order at 9:35 and enty did not got triggered. will check eod with broker.
[10:19] Shai : Augustin 8700 ce is too OTM here for a new purchase
[10:20] Shai : though it may play out eventually I feel it is best bought on the next dip in coming sessions
[10:20] Augustin : Alright Shai. Tks
[10:21] Sudhakar : shai will u suggest any nifty ce option with sl.thanks
[10:21] r m : @Sripathi, often happens like that in BNF unless order is SL-M, spread gets big at times
[10:22] r m : in this case only limit order was possbile
[10:22] r m : perhaps that 635 dip was someone’s SL-M sell order triggered 🙂
[10:22] Shailesh : VWAP is 8468?
[10:22] Sudhir : whare the tab for stocks query?
[10:23] Rahul G : sudhir tab 2
[10:23] Rahul G : on the top next two twitter
[10:23] r m : @Sudhir, No 2 tab, actually third from left 🙂
[10:24] Sudhir : ok no query from morning
[10:25] Sripathi : i too placed a limit order.
[10:25] Sripathi : any way i will keep context in the mind next time i place an order.
[10:25] r m : it gets wiped out if you refresh the page, you can visit stocklevels sheet to view past updates
[10:25] Sripathi : here the mood was bullish so i have to be flexible by a bit.
[10:26] Sid : stock level sheet ?
[10:26] r m : the one linked above your msg Sid
[10:26] Sid : k
[10:27] r m : @Sripathi, yeah, all sorts of things happen with BNF, we have stops triggered at prices not reflected in charts 🙂
[10:28] Nandesh : green delta are coming in BNF.. guide us if any long trade
[10:33] Shailesh : 40200 struck
[10:37] Sid : is there vwap mentioned somewhere in footprint..Yvwa..?
[10:37] Venkatesan : shai some gap 8448 to 8452 in MP, is that anomaly?
[10:40] Shailesh : Today shai is just too busy 🙂
[10:40] r m : @Sid, vwap should be around 8470
[10:41] r m : YVWAP is yesterday’s vwap
[10:41] Shailesh : Shai tht was jst a joke..pulling ur leg
[10:41] Sid : where did u get this current vwap ?
[10:42] Shai : Shailesh 🙂
[10:42] r m : @Sid http://tinyurl.com/nf5nd2p
[10:42] r m : choose the correct instrument and contract in that link
[10:43] Shai : am around being a friday I do look at what I’m having in the account a bit more closely so will be on/ off here
[10:43] Shai : NF has shown selling response from 8496
[10:43] Vivek K : shai last dip to 7950 was from approv 8490-500 levels right with the spike?
[10:43] Shai : we will take new NF longs abv IBH only now for 8513/ 8527 sl of 8474 just below pdh
[10:44] Shai : IBH at 8497
[10:44] Manoj : shai saab bnf also please
[10:44] Sankar : Shai, why 8460 positional SL? that too 8455 is a Prime level.. thought it wud be below that. Just curious.
[10:45] Shai : Sankar intra day sl for day
[10:45] Shai : BNF strong abv 18630 all day though upside is getting restricted again by continuous new sellers
[10:45] Shai : likely to trade 18640- 18690
[10:46] Manoj : ok
[10:46] Sankar : Oops.. misunderstood. u have said “position” I read it as “positional”. Sorry about that. lol.
[10:49] Shai : easy part of the move done in NF
[10:49] Shai : we await more info now
[10:49] Shai : but sellers coming here per orderflow
[10:49] Sankar : Yeah. good entry/tgt within IB timeframe.
[10:49] Sid : can book half contracts..?
[10:50] Shai : sid gave a full exit
[10:50] Shai : (10:13) Shai :Book NFnear tgt 2
[10:50] Sid : tgt2 is 8515..right?
[10:51] Sankar : 8496 was target 2.
[10:52] r m : hypo’s target 2 is 8515
[10:52] Manoj : shai tsl in bnf of remaining is @ 18620 right
[10:52] Shai : yes
[10:52] Manoj : if hit exit
[10:52] Sid : are we not suppose to follow hypo’s
[10:52] Shai : Sid the hypos are all day trades to be followed by the sl mentioned and exited at 3.20
[10:53] Shai : we trade that mechancially
[10:53] Shai : the intra day alerts here are different
[10:53] Sid : ok..so even if we follow hypo’s nothing wrong..but trades will be less
[10:53] Shai : I trade hypos with ATM calls and trades with F
[10:54] r m : Thanks Shai 🙂
[10:55] Sid : yeah..I write OTM puts based on hypo levels..they work accurately..
[10:55] Shai : (09:22) Shai :Buy NF(09:22) Shai :8455 sl of 8430 tgt 8475 (09:35) Shai :yes tgt 2 8496
[10:55] r m : great Sid!
[10:55] Shai : (09:35) Shai :Buy BNF 18645 sl of 18580 tgt 18710
[10:55] Shai : trade alerts abv
[10:55] Sid : cool…
[10:55] Sankar : Great Shai, Sid.
[10:55] Sankar : How you guys trade options with the Hypo levels?
[10:56] Sankar : u execute the options at market price when Futures are triggering the hypo levels?
[10:56] Sid : keep conditional orders..
[10:56] Sankar : conditional orders?
[10:56] Sankar : Zerodha provides them?
[10:57] Sid : dont know…I trade on IB
[10:57] Sankar : cool thanks.
[10:57] Sankar : Will check with zerodha on that part.
[10:57] Sankar : 🙂
[10:58] Sripathi : IB Brokerage is on higher side than Zerodha na
[10:58] Nandesh : can we buy again at 18645 BNF
[10:59] Sid : yes..but for swing functionality is more important..
[10:59] r m : @Sankar, if it is a limit buy/sell then bracket orders available in Zerodha, for SL-M need to use MIS orders
[11:00] Tejpreet : Bloomberg says Greek Refrendum is also a tie as per polls .
[11:00] Tejpreet : http://www.bloomberg.com/news/articles/2015-07-02/europe-rebuffs-greek-advance-as-poll-points-to-yes–iblvdezk
[11:00] Tejpreet : Now what 🙂
[11:00] Sripathi : how abt this idea.? atm will have half the movement of price(roughly). calculate the movement in option price and trade accordingly
[11:01] r m : yes, that has to be done with option calculator
[11:01] Sripathi : i mean one can get the levels of options by futures levels
[11:01] Sripathi : yup. not easy on brain.
[11:01] Sid : spot levels..
[11:01] Sankar : Yes RM, for futures its ok. But Shai and Sid said, they take options with the hypo levels.. I was thinking we will execute market when future triggers, but its not easy one 🙂
[11:02] Sankar : Conditional orders sounds better 🙂
[11:02] r m : ok
[11:03] Sankar : or we shud give Shai some extra work to find Hypo levels for ATM options too ;).
[11:03] Sripathi : shai . do you also use IB.
[11:03] Sankar : lol it was a joke.
[11:03] r m : @Sanakar 😀
[11:04] r m : @Sankar, I thought you were fast progressing towards asking Shai to trade your account too 🙂
[11:04] Sripathi : he will say SPOT ..NF.. BNF .. OTM .. ATM …WTF.:)
[11:04] Shailesh : RM 😉
[11:05] Sankar : Oh yeah, that will be a blessing for me RM 😀
[11:06] r m : @Sankar, but you will never learn that way only get rich 😀
[11:07] Sankar : Oh bad.. now will think how to solve this problem.. 😉
[11:08] r m : lol
[11:14] Augustin : @Shai – Any positional Shorts in Nifty by end of day?
[11:14] Varun : whts mo rm ?
[11:15] r m : was 54 last evening, will check now
[11:15] Varun : cool, thanks
[11:17] r m : +65
[11:17] Soumya : so longs are risky now
[11:17] r m : now bulls have a bell hanging from their neck 🙂
[11:18] Soumya : as it is above 60 in fact 65 !!
[11:18] Vivek K : rm bell or balls?
[11:18] r m : lol
[11:18] Varun : rm give me a flushout first
[11:19] r m : yes Varun, how much above 8500 you want? 🙂
[11:19] Varun : lvn3 😉
[11:20] r m : ok 🙂
[11:21] Varun : i want the coil to be really tweaked this time
[11:21] Augustin : @Varun – Flush out of Shorts or Longs?
[11:22] Varun : like 85 types
[11:22] Sandeep : varun getting greedy
[11:22] Sharad : what price is LVN3 Varun ?
[11:22] Varun : not seen an 80 mo for 3 months now
[11:22] Varun : see top left screen
[11:22] Varun : lvn 3 was just kidding
[11:23] Sharad : 8605 … wah
[11:23] Varun : i mite buya nd sell 4 times till thr
[11:23] r m : 🙂
[11:23] Sharad : how about LVN2 8558 today ?
[11:23] Varun : this 8520 poc of which day
[11:23] Varun : @shai
[11:27] Shai : 22/05
[11:28] r m : @Varun – http://screencast.com/t/tbGDZLh5i
[11:28] Shai : we are finally abv that 02 june profile
[11:28] Shai : and should do 8520 F today
[11:29] Shailesh : @Shai if we are not able to do tht traget then the attempt wud be again to reach 8190 as discussed yesterday ?
[11:30] Varun : thnks rm, this profile was dominated by bulls
[11:30] Shai : 8190 off for now
[11:30] Varun : should be easy for vah of this profile
[11:30] Varun : new learing
[11:30] Varun : learning
[11:30] Shailesh : ok Shai
[11:31] Shailesh : thanks
[11:31] Varun : i am trying
[11:31] Varun : lets see
[11:31] r m : yes Varun, but next day bears came infull force
[11:31] r m : i mean after 22nd
[11:31] Varun : rm, we have covered those singles and profile
[11:31] Manoj : can we enter long in nifty here in some qty ??
[11:31] Varun : its a very stong thing
[11:32] Nandesh : 8520 in NF then how much we can expect in BNF
[11:33] r m : yes Varun
[11:33] Shai : Manoj sl given on ay at 8458 to manage
[11:33] Shai : we are taking fresh abv IBH only
[11:33] Manoj : ok
[11:33] Shai : day*
[11:34] Manoj : i exited all @ 96 hence was asking
[11:34] Shai : repeat 8458 and 18620 are my stops for longs on day.
[11:34] Manoj : ok koi nahi
[11:34] Shai : bullishness over if they go
[11:34] Varun : shai are u going by vah- filter
[11:34] Shai : yes
[11:35] Varun : thanks
[11:35] Nandesh : 8520 in NF then how much we can expect in BNF
[11:41] Shai : 18720/ 18750 bnf
[11:42] Nandesh : thx
[11:42] Vikkas C : my biased view is not letting me trade today
[11:45] Ashish : Vikkas, short side??
[11:47] Vikkas C : yup
[11:47] Varun : whts wvap ?
[11:47] Vikkas C : 8470
[11:48] Varun : thnx
[11:48] Vikkas C : no worries
[11:49] Ashish : yes vikkas, me too on short side after booking profits in longs in morning..
[11:51] Ashish : BNF @ VWAP
[11:52] Manoj : kotak bank sold at bad news
[11:53] Vikkas C : @Ashish i didnt take the long trade cos of the biased view 🙁
[11:53] Vikkas C : what bad news manoj ?
[11:53] Shailesh : Happens with me Vikkas all the time 🙁
[11:54] Srini A : @Vikkas FIPB approval deferred for Kotak
[11:54] Vikkas C : monday will trade with more clarity or if get a chance to short today if master says so ..
[11:54] Shailesh : I think its their 3rd attempt
[11:54] Shailesh : yup
[11:54] Shailesh : Srini?
[11:54] Vikkas C : ohh..ok thanx srini
[11:54] Srini A : and that shows in BNF now
[11:54] Manoj : fipb 55% limit case
[11:57] Srini A : Yes Shailesh, In fact, CNBC says its not even happening on next meet in mid July
[12:00] Ashish : BN @ 18620…
[12:01] Shai : positions flat inn NF/ BNF now
[12:01] Manoj : bnf tsl hit @ 18618 mine ;(
[12:01] Shai : let’s wait
[12:01] Manoj : ok
[12:02] Shailesh : Thanks Srini
[12:03] Shailesh : Shai it is 3rd attempt to move above 8500…and still loking not tht strong on volumes front..any suggestion to look the profile now?
[12:06] Nandesh : BNF at 18620 heavy red delta -13900.. is ti due to lot of SL triged
[12:06] Shai : yes sellers seen but no weakness till vwap goes
[12:07] Shai : yes Nandesh
[12:07] Shai : coud also be shorts trapped
[12:07] Nandesh : ok
[12:08] Chetan : shai..here in mp charts value area and poc are based on tpo s or volume?
[12:08] Shai : volumes
[12:08] Shai : My pref has always been volume profile
[12:08] Chetan : ok thanks
[12:09] Srini A : @Shai, Is Rotation factor indicated anywhere in the chart?
[12:09] Shailesh : Ok shai
[12:11] Srini A : BNF recouped everything 🙂
[12:11] Nandesh : oder flow is turning green
[12:11] Shai : Srini it’s there on the MP chart
[12:12] Srini A : Oh Ok, Thanks. Just noticed
[12:13] Shai : just put it up actually
[12:14] Srini A : Ok
[12:16] Nandesh : oderflow is turning puple to green.. when we consider conermed colour change
[12:16] Nandesh : confirm
[12:21] Porus : Wild swings on Shanghai exchange today
[12:25] Porus : Shai, is there also a sell below VAL?
[12:26] Shai : it works on vols coming in . confirmation wll be when that bar has closed
[12:26] Porus : ok
[12:26] Shai : since current vol is only 1.3 L it is fluctuating
[12:26] Shai : NO Porus no sell below yet
[12:27] Manoj : any chance of nf blasting up & squeesing all shorts today shai
[12:28] Shai : has to take out our LVN 8495 then possible
[12:28] Nandesh : do u still belive today can be up trend day?
[12:28] Shai : No not a trend day
[12:28] Shai : move stalled after IB
[12:28] Shai : On a trend day I would not have given the exit 🙂
[12:29] Sankar : 🙂
[12:29] Shai : trend days are all about holding and bumping up sl’s
[12:33] Shailesh : Shai between 8454 and 8448 there is a vacum there does it mean tht gap to be filled before we move up ?
[12:33] Sandeep : shai any longs near to vwap /
[12:34] Shai : Sell BNF 18600 sl of 18650 tgt 18540
[12:34] Ashish : finally a sell call from master
[12:34] Ashish : 🙂
[12:35] Shai : 🙂
[12:36] Rajat : Is it for intraday??
[12:36] Shai : It’s a proper MP setup now that it is in yesterday value
[12:36] Shai : sl is just abv vwap
[12:36] Ashish : Shai, still waiting for 8458 to break
[12:36] Shai : yes Rajat
[12:40] Nandesh : in BNF at 18600 heavy green delta ..what it mean
[12:47] Ashish : getting serious
[12:47] Sandeep : shai out of nf longs ?
[12:47] Manoj : all sl ate @ 56.85
[12:49] Shai : yes sandeep flat
[12:49] Shai : in NF
[12:49] Shai : BNf in short
[12:49] Sandeep : okay
[12:50] Shai : Nandesh greens are buyers
[12:50] Shai : reds sellers
[12:50] Shai : no meaning except that they are trapped
[12:51] Sankar : @Shai, just curious, how to say they are trapped? they may have exited at different places right? or I am missing something?
[12:52] Shai : yes could be exit orders also
[12:52] Shai : but my point is when you see greens they are buyers and reds mean sellers
[12:53] Shai : can’t say ever if they are intra day or positionals. That gets decided only by OI data
[12:53] Sankar : ok cool thanks. I see sometimes here messages with buyers/sellers traped. Always curious how to find that :).
[12:53] Sankar : Ok.
[12:54] Shai : see in Nf also now same thing
[12:54] Shai : at 8455
[12:54] Shai : now the buyer in the next candle
[12:55] Shai : Exit BNF here at 18618
[12:55] Shai : teh dip has forced buyers out
[12:55] Manoj : done
[12:56] Shai : and added a few extra sellers
[12:56] Rajat : exit for short right in BNF?
[12:56] Shai : yes
[12:56] Ashish : and a big seller trapped @ 8456
[12:56] Shai : 18580 is showing aggressive buying bnf
[12:57] Rajat : ok
[12:57] Manoj : 79950 is tht seller ???
[12:57] Venkatesan : shai bnf poor high 2day?
[12:58] Ashish : Yes manoj…
[13:01] Manoj : shai any 40point trade in nifty today u feel
[13:02] Shai : Buy NF 8480 sl of 8450 tgt 8515
[13:03] Sid : green means volume at ask and red means volume at bid …correct
[13:03] Sid : sorry the other way round..
[13:04] Shai : no
[13:04] Shai : it’s always bid x ask
[13:04] Shai : bid traded is sell volume and shown in red
[13:04] Shai : and ask traded is buy volume and shown in green
[13:05] Sid : yes..this is my understanding..
[13:05] Shai : for a min can I have everyone’s attention on the NF 5 min screen
[13:05] Nandesh : can buy bnf also
[13:05] Manoj : sure
[13:06] Sid : yes sir
[13:06] Varun : yup
[13:06] Sankar : yes
[13:06] Sudhakar : yup
[13:06] Rajat : ok
[13:06] Srini A : yes
[13:06] Ashish : yes
[13:06] Porus : yes sai
[13:06] Venkatesan : nice shai
[13:06] Shai : ok that tick chart is tick data coming in
[13:06] Shai : see the blues and the reds
[13:07] Sid : k
[13:07] Augustin : ok
[13:07] Shai : blue is volume coming on buy side or at ask
[13:07] Shailesh : yes shai
[13:07] Sid : k
[13:07] Shai : red is the volumes at bids or by sellers
[13:07] Sid : k
[13:08] Sid : k
[13:08] Shai : when a price is traded say 8480 now
[13:08] Manoj : ok
[13:08] Sid : k
[13:08] Sankar : filled with buyers now.
[13:08] Shai : if buyer pushed the seller to sell him at mkt the offer is said to be lifted and hence blue
[13:08] Sharad : Shai what is that coloumn of +
[13:09] Shai : if the seller pushes the bids down he got better price and hence sells
[13:09] Shai : sells will be shown in 1000’s on our charts not this 25/ 50 here
[13:09] Shai : same with blues
[13:10] Shai : hope I’m clear??
[13:10] Manoj : yes sir
[13:10] Ashish : very clear shai, thanks for this 🙂
[13:10] Sid : ok..clear..
[13:10] Venkatesan : thank you shai
[13:10] Srini A : Yes, Thanks for this
[13:10] Sharad : yes
[13:10] Porus : yes shai
[13:10] Sharad : (13:08) Sharad :Shai what is that coloumn of +
[13:10] Sandeep : yes
[13:11] Shai : + is the number of times the bid got lifted
[13:11] Shai : offer*
[13:11] Sharad : ok
[13:11] Sid : would love a webinar for more deeper understanding..
[13:11] Shai : bid dropped**
[13:11] Shai : thanks
[13:12] Shai : simple on chart left is sellers and right is buyers
[13:12] Shai : reds sellers and greens buyers
[13:12] Shai : sellers x buyers
[13:12] Sid : great..
[13:12] Manoj : gr8 shai
[13:13] Rahul B : jindal steel short at this level for target of 75
[13:14] Rahul B : hexaware also short for 238 prob zone
[13:14] Ashish : @rahul, all the stock queries shifted to 2nd tab..
[13:15] Rahul B : ok ashishji
[13:16] Ashish : rahulji 😉
[13:20] Ashish : common sellers, break vwap…
[13:20] r m : my chat is runnning 5 minutes late so don’t be surprised if they appear out of context 🙂
[13:20] Ashish : 🙂
[13:24] Shailesh : @Ashish we are in long trade..
[13:24] Ashish : oh yes….for sure…. just tteasing sellers 😉
[13:24] Ashish : teasing*
[13:25] Shailesh : 😉
[13:25] Shai : NF needs more buyers abv vwap
[13:25] Shai : sellers are coming back
[13:26] Ashish : i hope they don’t ttease me back 😉
[13:26] Ashish : tease*
[13:26] r m : bears don’t tease, they bite and maul 🙂
[13:27] Ashish : common RM, we don’t want it atleast today… to spoil a nice weeekend
[13:27] r m : 🙂
[13:29] Ashish : yeh toh serious hi ho gaye
[13:30] Shai : enter sl in system for longs- exit if breaks
[13:30] Vikkas C : webinar wud just be awesome Shai
[13:31] Ashish : Shai, aggressive sellers are in now?
[13:32] Shai : yes
[13:32] Shai : sellers
[13:32] Ashish : thanks
[13:32] Shailesh : can we close longs here ?
[13:32] Shailesh : entered @8480
[13:32] Shai : close near vwap
[13:33] Shailesh : ok
[13:33] Manoj : 8471 will tht b fine
[13:33] Shai : thank you for the feedback
[13:34] Vikkas C : shai 1st in queue for the webinar 🙂 waiting for it
[13:34] Vikkas C : hope u take it sometime soon
[13:34] Tejpreet : Shai can you share the results ..if you ok about it.
[13:34] Manoj : 8471???
[13:34] Venkatesan : tej u want 2 know where u stand?
[13:34] Vikkas C : hahaha venkat
[13:35] Tejpreet : Nhai yaar …want to know if webinar coming 😉
[13:35] Shai : exit the NF long trades. we stay flat again
[13:35] r m : video posted on youtube some time back – https://t.co/TDlQmcmnz3
[13:35] Venkatesan : :))))) @ tej
[13:36] Shai : Oh I just closed it Tejpreet – was between 2 and 3 mostly
[13:36] Tejpreet : So guess then webinar is on 🙂
[13:36] Shai : we will do something on it though
[13:36] Vikkas C : RM i have seen that video like soo many times now
[13:36] Shai : yes we will have a webinar
[13:36] Vikkas C : super shai ..
[13:36] Shai : I want all to understand the orderflow here- it is vital
[13:36] Tejpreet : yipeeeee
[13:37] Vikkas C : BTW staretd to watch FOV ..saw the 1st part and damn hes good at what he explains
[13:38] Vikkas C : shai below what lvls shorts can be initiated or safe as per u ?
[13:41] VR : my two cents. marketdelta has great pdf documents. print them out and read them in your free time. about order flow and other stuff
[13:41] VR : might prepare us better for Shai’s webinar as well
[13:42] Venkatesan : vr please send the copy to [email protected]
[13:43] VR : I don’t have any saved. When I sit and download I will. I just google and marketdelta results are top of obvious reason 🙂
[13:43] Venkatesan : thank you vr
[13:43] VR : marketdelta website I mean.
[13:43] Venkatesan : got it vr
[13:44] Venkatesan : vwap very strong
[13:47] Venkatesan : posisbility of spike shai?
[13:52] Vikkas C : @RM sahab koi trade bolo yaar ..
[13:53] Vikkas C : poor high in NF
[13:53] Vikkas C : shia ?
[13:53] Venkatesan : no vikhas but in bnf
[13:53] Manoj : i want 160 points trade in nf or a 60 point trade in nf
[13:53] Venkatesan : i guess
[13:53] Venkatesan : DEF TPO in the top of MP
[13:54] Manoj : to cover my june & intra today losses
[13:54] Vikkas C : RM type karte karte kaha gul ho gaye 😛
[13:54] Vikkas C : i think NF also has a poor high
[13:54] r m : 🙂
[13:54] Venkatesan : only single print in the top of mp F
[13:55] Vikkas C : yuo venkat
[13:55] Vikkas C : *yup
[13:55] r m : sirf smiley type kar raha tha
[13:55] Vikkas C : trade toh bolo koi
[13:55] Vikkas C : jo app bolenge woh mein karunga ..aap sirf trade do aaj ek
[13:56] Vikkas C : :p
[13:56] r m : ye to bada mushkil kaam hai, sirf Shai aur Kris ko aata hai 🙂
[13:56] Vikkas C : hahaha..
[13:57] Venkatesan : manoj, only spike can satisfy your conditions
[13:57] Vikkas C : where is kris
[13:57] Ashish : where is kris Rm? any idea
[13:57] Vikkas C : hes not to be seen in the room
[13:57] Vikkas C : guys heromoto ..what ur take
[13:57] Vikkas C : @RK @tejpreet
[13:57] r m : Yes, busy with his projects, hope to see him back next week
[14:00] Vikkas C : today seems everyones already come in weekend mood
[14:00] Tejpreet : Vikkas heromoto is long as per my system from 2540 sl below 2500 but am not trading it.
[14:00] Tejpreet : All futures value.
[14:01] Vikkas C : same is in my system ..but waiting for it to close abv 2585 in future hrly candle to enter
[14:01] Vikkas C : been reversing from these lvls a lot
[14:01] Tejpreet : Stocks obey Shai command so best to enter when his levels hit.
[14:02] Vikkas C : trgt 2700
[14:02] Vikkas C : yeah ..waiting for his reply 🙂
[14:02] Tejpreet : oops we are in chat 1 …stocks in chat 2.
[14:02] Vikkas C : oops
[14:03] Vikkas C : general question … brkouts given on friday ..can they be trusted or better to initiate on monday ?
[14:04] Sankar : Stand up on the bench both of you 😀
[14:04] Augustin : ha ha
[14:04] Ashish : 🙂
[14:05] Tejpreet : 🙂
[14:05] r m : @Sankar, rahne do, bench toot jayegi 🙂
[14:06] Vikkas C : :p
[14:06] Ashish : hahah rm
[14:08] Sandeep : shai today again looks like a balanced profile
[14:08] Sandeep : till now
[14:11] Shai : yes uptrend halted at IBH at 10.15 suddenly- could have been a good
[14:11] Shai : but normal day again
[14:11] Shai : price coming back to vwap
[14:12] Shai : nothing directional till 8455 and 8497 break
[14:17] Sankar : ok.
[14:18] Sankar : @rm, lol.
[14:18] Sankar : @Shai, positionally safe is to have Sl near 8390 area?
[14:22] Shai : buy a hege also an OTM put if longs
[14:22] Shai : MO is not safe for largish long positions here
[14:23] Nandesh : I m just wondering what if some take position based on oderflow. When one bar complete and confirm change in colour then trade in direction
[14:24] Nandesh : Continuous trade
[14:26] Tejpreet : Shai below 8455 quick scalp trade target
[14:26] Sandeep : shai too thin volumes ?
[14:31] Shai : 8435 below 8455 but high risk
[14:31] Tejpreet : Got it…..
[14:34] Vikkas C : shai anyway to find out if longs or shorts are getting built up for keeping sundays refrendum in mind ?
[14:36] Manoj : yes shai even i have same Q
[14:37] Vikkas C : manoj whats ur astro saying ?
[14:37] Manoj : full on bullish
[14:37] Vikkas C : deal or no deal or extension
[14:37] Vikkas C : hmm..ok
[14:38] Manoj : bullish on nifty and possibly global market esp dax and nasdaq
[14:39] r m : referendum result is known, so there can’t be any surprise there!
[14:39] Vikkas C : and the result is ?
[14:39] Manoj : but i need shai toconfirm my view only then i willgo long
[14:39] r m : Greeks will definitely say no to austerity measures
[14:40] Vikkas C : so that is bad for the mkts naa then
[14:40] Manoj : rm will that B bad for mkt ??
[14:41] r m : market alrdy knows that so that is in the price 🙂
[14:41] Porus : Saw a flowchart on BBerg, either way leads to more bailout.
[14:42] Vikkas C : better to make positions on monday i suppose ..
[14:43] Vikkas C : my biased is gap down and then rallying just like last monday
[14:43] RK : Vikkas poor net and no power here..Just saw your comment..Hero was in buy above that 2500 levels..had made enough bottom there..but not trading it as had good trades in June with that counter..so quit..
[14:43] Vikkas C : no worries RK 🙂
[14:44] Srini A : Good no of buyers in BNF
[14:44] Vikkas C : seems to be getting ready for the next upmove though..
[14:45] Vikkas C : RM can u explain the 2.40 candle
[14:45] Venkatesan : bnf poor high
[14:45] Venkatesan : ready
[14:45] Porus : bnf
[14:45] Vikkas C : price went up and but delta is big red
[14:46] RK : Vikkas either you gap it down or up but make a drive..but dont give dump and pump..running out of pants 🙂
[14:46] Vikkas C : hahah RK
[14:46] Hemant : Lol @RK
[14:47] Manoj : lol rk
[14:47] Vikkas C : im not doing anything RK..gaps will be created by the event we just look to be in the right direction
[14:47] r m : @Vikkas, my net is giving me so much trouble that I can’t even see the charts leave aside explanations 🙁
[14:47] Vikkas C : 🙁
[14:47] Srini A : Flying
[14:48] Manoj : shai saab bachao
[14:48] Manoj : bolo kya karein ???
[14:49] Vikkas C : ohhhoo i missed the buying in century on shai’s lvl 🙁
[14:49] Vikkas C : shittt..one good trade missed
[14:51] Srini A : Above IBH now
[14:51] RK : last monday gap was still wondering..that Friday I believe no TA system would have given short signal for next week!
[14:51] RK : RM me to same issue running late by 4 mins
[14:52] Manoj : shai sir pls help
[14:52] Manoj : where to enter or let it b
[14:52] Venkatesan : shai said above day high breakout possible
[14:53] Srini A : BNF Hypo 1 achieved
[14:53] Vikkas C : yes RK..only shai cud decipher the gap down 😉
[14:53] Venkatesan : (14:12) Shai :nothing directional till 8455 and 8497 break
[14:53] Vikkas C : hence asking him again
[14:53] Porus : Shai, do you see 8515 in this move?
[14:53] Venkatesan : bnf poor high repaired
[14:53] Hemant : (10:43) Shai :we will take new NF longs abv IBH only now for 8513/ 8527 sl of 8474
[14:54] Srini A : yes Venktesan
[14:54] Hemant : Porus, still some bit to be done in NF
[14:54] Srini A : Will that be a selling tail then?
[14:55] r m : MO cools down to 51
[14:56] RK : test
[14:57] r m : passed wtih flying colors!
[14:57] Vikkas C : nf poor high again ?/
[14:57] Vikkas C : or is that failed auction ?
[14:57] Venkatesan : no vikhas
[14:58] r m : IB not broken, so no failed auction
[14:58] Manoj : in bnf do we have FA
[14:58] Srini A : @RM, BNF will be a failed auction?
[14:58] Vikkas C : ok RM
[14:58] Ashish : trapped buyers in BNF, gonna be interesting
[14:58] Manoj : i am long @ 686
[14:58] Venkatesan : bnf was poor high half an hour before
[14:59] r m : @Srini, BNF will be FA only if it goes below IBL now
[14:59] Srini A : Oh ok, understood
[15:04] Manoj : lagta hai shai is gone for the day cozz mkt moved somuch and he not replied anything
[15:05] r m : where did it move man, NF still inside IB, BNF probed outside and came back 🙂
[15:05] Srini A : RM 🙂
[15:06] Venkatesan : :)) yes rm
[15:06] Manoj : yaar i m trapped in bnf and tht move of in and out is big for me
[15:06] Srini A : At best we can do scalping looking at OF. Else, BP will shoot up
[15:07] Vikkas C : MANOJ r u short
[15:07] RK : RM am seeing your flying colours comment by 15.07..seems we both will be chating here till 4.00 🙂
[15:07] r m : lol
[15:08] Shai : (14:12) Shai :nothing directional till 8455 and 8497 break
[15:08] Manoj : no long @ wrong time
[15:08] Shai : (14:11) Shai :price coming back to vwap
[15:08] Shai : (14:11) Shai :but normal day again
[15:08] r m : @RK, we need not invest in time machine, we travel back in time for free 🙂
[15:09] Shai : Nothing cahnged in one hour so where is the confusion?
[15:09] Sankar : probably bcoz 8455 was broken and it failed.. but still not going anywhere.. lol. NF is sleeping.
[15:10] Shai : ok
[15:10] Tejpreet : Iwent in for that 8455 but with just 9 point sl as Shai said it was risky trade.
[15:10] Shai : BNf also wants rest
[15:10] Shai : move above IBH saw only reds
[15:10] Shai : buyers at lows but not willing to commit higher
[15:11] Vikkas C : SHAI any trade idea for monday idea ?
[15:11] Vikkas C : *monday open
[15:11] Shai : small qty for Mon/ tues is to buy an 8400 put speculative
[15:11] Shai : not for open
[15:11] r m : MO has cooled down to 50 Shai
[15:12] Shai : ok
[15:13] Vikkas C : hmm..better to avoid carrying positons over the weekend
[15:13] Soumya : shai i want to work on my discipline, patience and mindset as a trader – can you suggest some good read or videos or material for weekend read?
[15:15] Venkatesan : P TPO of bnf breaks ib but NF not
[15:16] Sid : or weekend webinar..
[15:19] RK : ROFL :))
[15:20] r m : 18720 done!
[15:20] Srini A : No more selling tail 🙂
[15:21] Shai : Soumya I’m not aware of any.
[15:21] Shai : Anybody else can answer 15 :13 Soumya
[15:22] Tejpreet : Shai time for the speculative put now.
[15:22] r m : @Soumya, Just follow Shai or RK, two supe calm traders 🙂
[15:24] Shai : yes speculative looking at buyers to reenter around 8380 spot
[15:24] Tejpreet : Great .
[15:25] Sankar : Yup. I am just followig Shai on NF/BNF. blindly. Trading with small quantity, so that loss won’t affect much.
[15:26] Sankar : actually, its +ve only.. had one bad day I guess….
[15:26] Sankar : but its recovered.
[15:28] Shai : close coming at week highs
[15:28] r m : normally all normal days are bad days unless one is good at supp/resistance trading
[15:28] Soumya : ok rm will do the same
[15:29] Sankar : its a very good close..
[15:29] Soumya : thank you brother
[15:29] Shailesh : CLose at weeks high means reversal?
[15:29] Shai : no
[15:30] Shailesh : okk
[15:30] Shai : 8495
[15:30] Hemant : Ty Shai, have a great weekend folks 🙂
[15:30] Shai : bye all
[15:30] Manoj : closed @ IBH
[15:30] r m : Thanks and bye folks, have a great weekend 🙂
[15:30] Shailesh : Thanks everybday and Shai..by all
[15:30] Shai : enjoy the weekend
[15:30] Manoj : bye shai
[15:30] Sankar : Bye All. 🙂
[15:30] Shai : catch up mon
[15:30] Sandeep : bye all
[15:30] Tejpreet : Bye all.
[15:30] Ashish : Bye all
[15:30] Sankar : have a good weekend.
[15:30] Sandeep : sure
[15:30] Manoj : bye all
[15:30] Sudhakar : bye shai thanks
[15:30] Sudhakar : bye all
[15:30] Srini A : Thanks all, have a great weekend
[15:30] Porus : bye all
[15:30] Vikkas C : bye all
[15:31] Venkatesan : thank u shai