OrderFlow charts and Notes 03/08/15

[08:48]   Manoj : GM RM
[08:48]   r m : Good Morning folks!
[08:48]   Manoj : GM all
[08:48]   r m : Hi Manoj
[08:48]   r m : http://vtrender.com/levels-and-plan-for-03rd-aug/
[08:48]   r m : http://vtrender.com/orderflow-charts-and-notes-310715/
[08:48]   r m : http://vtrender.com/option-values-dt-310715/
[08:49]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-03-aug-07-aug15/
[08:49]   r m : Nifty AUG Future levels | Key reference area 8538 | Hypo1 above 8578➜8607➜8640 SL 8533 | Hypo2 below 8538➜8504➜8478 SL 8578
[08:49]   r m : Banknifty AUG Future levels | KRA 18670 | Hypo1 above 18940➜19020➜19070 SL 18820 | Hypo2 below 18670➜18560 SL 18755
[08:49]   r m : Nifty Spot Weekly levels | Support 8490/8455/8420 | Resistance 8610/8704
[08:49]   r m : Banknifty Spot Weekly levels | Support 18600/18465/18195 | Resistance 19070/19274
[08:51]   r m : Results today – HCL Tech, Bharatforg, Heromotoco
[08:51]   r m : Results tomorrow – Bharti Airtel
[08:53]   Vikkas C : GM all
[08:54]   Moses : GM All
[08:55]   Vikkas C : Hey RM.. bharatforge and heromoto reporting today
[08:56]   r m : yes
[08:57]   Shailesh : GM all
[08:58]   Shailesh : HCL jst posted nos..3.1% revenue growth
[08:58]   Porus : GM RM and all
[08:58]   Sharad : GM all
[08:59]   Manoj : CNBC English very Bullish on LT despite bad results
[09:01]   Shai : Gm all
[09:01]   John : GM all 🙂
[09:01]   Suyash : Morning all !
[09:01]   r m : Hi Porus
[09:02]   Manoj : GM shai
[09:03]   Srini A : GM All
[09:06]   Sudhakar : GM Shai,rm All frnds
[09:07]   Sandeep : good morning all
[09:08]   Kiran : Good morning friends.
[09:08]   Rajat : gm
[09:09]   Tejpreet : GM All
[09:10]   r m : Hi Sudhakar
[09:12]   Venkatesan : gm shai,rm and frends
[09:14]   r m : Hi Venkatesan 🙂
[09:14]   Mohul : GM All
[09:16]   Augustin : GM all
[09:17]   r m : BNF above PDH
[09:17]   Shai : yes 18940 ref level in BNF to watch buyers
[09:18]   Shai : 8578 in NF
[09:20]   Shai : 18972 was the tgt for the call taken at 18657
[09:20]   Manoj : shai holding 19000 CE in bnf wht shult B tgt pls
[09:20]   Shai : consider booking part profits and keeping sl at cost on bal
[09:21]   Manoj : ok
[09:21]   Hemant : GM folks
[09:21]   Shai : This one : Positional Buy Call BNF : Buy abv 18657 sl of 18342 tgt 18972/ 19286
[09:22]   r m : +308 🙂
[09:26]   Shai : BNf showing signs of an open drive
[09:27]   Shai : if we cross 18975 it can do 19065
[09:28]   Shai : Buy BNF abv 18975 sl of 18920 tgt 19060
[09:29]   Shai : NF quieter comparatively at this open
[09:29]   Shai : has to stay abv vah per trend day rules for continuation
[09:29]   Shai : else would be flat
[09:30]   Venkatesan : shai , which data vendor compatible with market delta chartplatform?
[09:31]   RK : GM Shai,RM and all
[09:33]   Manoj : i bot @ 18986
[09:34]   r m : Hi RK
[09:35]   r m : @Venkatesan, Esignal
[09:36]   Venkatesan : thank you rm
[09:37]   Tejpreet : RM even that true data is good …i took the trial is good …will switch once my current data subscription is over . Is True data like esignal ?
[09:38]   r m : yes, like esignal but marketdelta allows only selected vendor’s data to enter it 😀
[09:39]   r m : comissionbaji 🙂
[09:39]   Hemant : Have the options been converted to decimals??
[09:39]   Hemant : Or its just my system?
[09:39]   Venkatesan : yes hemant why?
[09:39]   Venkatesan : my sysstem shows in decimal too
[09:39]   r m : @Hemant, yeah, i was surprised, something to do with NEST i think, nse site showing normal value
[09:40]   Tejpreet : True RM ..:)
[09:40]   Hemant : No sure when to close
[09:40]   Hemant : RM what to do, I hope they give 1 cr each of this folly 😛
[09:40]   Shai : BNF intra put a part booking rder at 19018 and if hit we will trail at 18977
[09:44]   r m : @Hemant, treat them as normal, i experimented with buying 6700CE, total amount .6570 is 1642.50, so those decimals are only for the eyes 🙂
[09:44]   Hemant : Oh oh ok 🙂
[09:45]   r m : just mentally remove the first two decimals 🙂
[09:45]   Shai : BNF looking to do some damage today to bear
[09:45]   Shai : 18920 if holds today we could see a trend day close at highs
[09:46]   Shai : 19286 is pos tgt 2 of the hold. Will love to see that getting done before Rajan says something 🙂
[09:47]   Shai : up 200 already and NF at 31 range only
[09:47]   Tejpreet : Yep RR is always bringing food for bears ;0
[09:53]   Mohul : Shai Support/Res for 8400 call
[09:55]   Shai : 207 supp on that call/ 253 res
[09:56]   Mohul : Thanks
[09:56]   Shai : BNF sl is now cost- we are riding it risk free
[09:56]   Shai : next new buys abv IBH only
[10:06]   r m : @Hemant, hope you got the msg from broker, Delete scrip files, log out and re-login to put the decimals in the right place in options 🙂
[10:07]   Hemant : Ok RM doing it now 🙂
[10:10]   Hemant : It not helping, RM
[10:11]   r m : did you delte the scrips from File > Delete scrip files?
[10:11]   Hemant : That way.. ok. Hang on 🙂
[10:11]   r m : I did and options are giving the normal look and feel now 🙂
[10:12]   r m : then log out and re-login
[10:12]   Hemant : Are you on Pi?
[10:12]   Hemant : Zerodha?
[10:14]   Naveen : shai nf buy???
[10:15]   Naveen : hypo 1 activated??
[10:16]   r m : NEST
[10:16]   r m : I have to steal data too, so still using NEST )
[10:23]   Hemant : Logged onto Nest now. I hope something good comes out of it 🙂
[10:23]   Sandeep : shai long in nf now
[10:23]   Sandeep : or wait
[10:27]   Shai : Sandeep wait
[10:27]   Shai : IBH now for new longs
[10:28]   Kathir : GM Shai RM all friends
[10:28]   Sandeep : okay
[10:28]   Shai : (09:56) Shai :next new buys abv IBH only
[10:30]   Hemant : Shai, when to buy ? at POC or VAL?
[10:36]   r m : Hi Kathir 🙂
[10:46]   Shai : Hemant abv IBH only in NF
[10:46]   Shai : not showing a lot of xonviction in NF abv vah so we wait to see if OTF comes abv IBH
[10:47]   Shai : then tgt is 8605
[10:47]   Hemant : Ok Shai 🙂
[10:47]   Shai : BNF keep buying vwap all day with sl below 18920
[10:47]   Shai : is an open drive and buyers have to emerge at vwap
[10:48]   RK : we were expecting buyers on Friday close but no buyers then..so watching closely this IBH if we are getting buyers to get back into positions again
[10:50]   Hemant : 18985 is a buy then ?
[10:52]   Hemant : What was that thing RK about day being a Monday or a Friday? Does today fall into some category?
[10:54]   Sumit K : Shai – 8500ce levels
[10:56]   Shai : 8500 ce likely to play 148- 180 kind of band all day
[10:56]   Shai : no new trade in that ce for intra
[10:57]   RK : Hemant as it was a trend day expecting it to close at highs with some late hour buy demand..but that was missing on Friday I meant..so again expecting buyers around high to take this up further..basically booked positions Friday evening and enter again if I see demand around highs for NF..
[10:57]   Hemant : Ok RK, sounds good 🙂
[10:57]   Shai : Yes remeber that 8586 we were targetting at fri close and did not happen
[10:57]   RK : positions in stocks intact – all longs :)..above is only for NF 🙂
[10:58]   Shai : so buyers need to show up here
[10:58]   Shai : but considering tom is an event could be a quiet session now till maybe last 45 ins
[10:58]   Shai : mins*
[10:59]   RK : Yes..got it
[11:24]   Nandesh : NIFTY?
[11:29]   Sankar : GM RM, Shai, and all. Late today due to travelling.
[11:29]   r m : Hi Sankar
[11:32]   Shai : Nandesh can’t see a lot of new buying
[11:32]   Nandesh : K
[11:34]   Dr Nashik : Hi Shai Sir
[11:34]   Dr Nashik : Its regarding some basic training on how to use this bunch of data
[11:34]   Dr Nashik : Can you please provide me basic training?
[11:35]   Dr Nashik : I got overwhelmed with this much data nad do not know how to analyse it to generate entries?
[11:39]   Shai : 🙂 It’s fairly normal for that to happen if you are on day 1 or day 2 here
[11:40]   Shai : Refer to your welcome kit and there will be 3 links in there and one video where we explain what we are looking at
[11:40]   Shai : Buy NF 8585 sl of 8562 tgt 8605
[11:48]   Nandesh : SHOULD I INCREASE TGT OF BNF
[11:49]   Dr Nashik : Is it for INTRADAY?
[11:49]   r m : NF Call? yes
[11:50]   Shai : Please stop using caps in the room
[11:50]   Shai : all cap messages will be deleted
[11:51]   Nandesh : next tgt & sl for BNF
[11:51]   Shai : BNf can do 19170
[11:51]   Shai : but sl is just below vwap still
[11:51]   Shai : don’t make new entries in bnf
[11:55]   Shai : exit the NF long trade here 8578- not very convincing move abv IBH
[11:56]   Shai : vol has dropped also
[12:07]   Shai : Hopefully europe can bring some vols back
[12:07]   Shai : we may end up as a P in BNF
[12:08]   Vikkas C : i suppose greece stock mkt opening today for trading ?
[12:08]   Shai : sellers have come back so upmove abv IBH not happening now
[12:08]   Soumya : Shai does the move before rbi day give any hint as to what the outcome maybe?
[12:08]   Shai : Intra long trade in BNF is closed – 0 poistions open intra
[12:08]   Tejpreet : @Vikkas …Ggreece comes up after long time in the chat room 🙂
[12:08]   Soumya : just something that crossed my min
[12:08]   Shai : No Soumya
[12:09]   Soumya : ok.. thank you
[12:09]   Vikkas C : @Tej 🙂
[12:10]   Soumya : I dont think many are expecting a rate cut
[12:12]   Tejpreet : Moody Analytics predicting .25 % cut as per economic times.
[12:14]   Hemant : A rate cut dont make sense. Unless you give in to the pressure.
[12:16]   r m : investing.com forecast is .25% hike!! http://screencast.com/t/W09oFEDTJKeP
[12:16]   Tejpreet : Cut or no cut is not important ….what is imp how markets react to it …. and how much we can juice it post meet with assistance from Shai 🙂
[12:16]   r m : @Hemant, RBI rates are inflation control measures and inflation is well under control 🙂
[12:17]   r m : @Tejpreet, that is the spirit :)\
[12:17]   Hemant : RM, inflation needs to be controlled furiously .. a rate cute of 1% or nothing
[12:18]   Tejpreet : RM ..guess that is the essence of this room do not anticipate but react to markets.
[12:18]   Hemant : Tej agree 🙂 RM, totally agree 🙂
[12:18]   r m : yes Tejpreet, we are here to trade, to the *&
[12:19]   Tejpreet : 🙂
[12:20]   r m : problem with Rajan is not rate cut but shifting goal posts, what he was targeting as inflation is alreay achieved, it is time for RBI to make policy in a transparent manner
[12:21]   Hemant : That’ll take 2 more meets RM 😛
[12:22]   Sumit K : I never understood what co relation food prices have with interest rates
[12:23]   r m : I feel that he is brilliant but not mature enough to be a central bank governor, normally they develop the needed maturity only when the head starts shaking on the shoulder with age 🙂
[12:24]   Tejpreet : +1 RM …maturity comes with age.
[12:25]   r m : I have never come across any other instance of a central bank gov making doomsday statements, they will not admit doom even when they are at the center of it. That is part of their job to ensure stability
[12:27]   Vikkas C : anyone expecting a dip to 8530 in NF by today day end ?
[12:28]   r m : there is that anomaly at 8546 🙂
[12:28]   r m : http://vtrender.com/wp-content/uploads/2015/08/Nf_compo1.png
[12:29]   Vikkas C : yes RM 🙂
[12:29]   Hemant : RM for FM! 🙂
[12:29]   Vikkas C : hahaha
[12:29]   Vikkas C : defo a good choice
[12:29]   r m : Wahan tak gaye to VAL to aa hi jayega 🙂
[12:30]   r m : @Hemant – I will get sacked within seconds 🙂
[12:30]   Hemant : VAL ho ya na ho, RM for FM hona chahiye 🙂
[12:30]   Manoj : +1Hemant
[12:30]   Vikkas C : yes sir ..but i feel a dipto those lvls necesary to cool off little and then rally
[12:30]   Hemant : Prabhu kuch karao!
[12:31]   r m : Prabhu to philhaal Rajan ka ilaaj dhoondh rahe hain 🙂
[12:31]   Hemant : Oh ho prabhu aise kaise? Aap (not the parity party) yahan kuch to karao!
[12:32]   Sankar : Weekly plan says, buy dips till 8490.
[12:32]   Sankar : so Vikkas, good to get dips looks like.
[12:32]   Sankar : 😉
[12:32]   Hemant : Buy already sitting at 8485 🙂
[12:33]   Vikkas C : 🙂
[12:33]   r m : @Hemant, NF was almost OAIR today, ismein prabhu ki bhee naheen chaltee 🙂
[12:36]   Hemant : 🙂
[12:50]   Hemant : RM, where is the MO atm ?
[12:52]   r m : MO +35
[12:52]   Hemant : Ok RM, rising slightly ..
[13:03]   Vikkas C : no buyers at vwap in NF..i wonder whats in store ?
[13:04]   r m : nifty kidhar chalee re 🙂
[13:05]   Vikkas C : to meet masters buying zone 8490 😉
[13:06]   Shai : sellers
[13:06]   Shai : morning buyers at 8550 can now get tested
[13:07]   r m : ok 🙂
[13:07]   Shailesh : Sellers are not aggressive
[13:08]   Shai : yes
[13:08]   Shai : but they are in
[13:08]   Shailesh : kkkk
[13:11]   Shai : Sell NF at 8569 sl of 8587 tgt 8550/ 8538 – trade a 50% size
[13:11]   Tejpreet : Shai that dip buy in BN IS on around 18970 with sl of 18920 or wait.
[13:12]   Tejpreet : (10:47) Shai :BNF keep buying vwap all day with sl below 18920
[13:13]   Shai : tgt would be 19070 BNF if sl holds
[13:13]   Shai : BNF even now is more positive than NF
[13:13]   Vikkas C : shai buyers in bnf
[13:14]   Tejpreet : OK got in small quantity at 18972
[13:14]   Manoj : same me also
[13:16]   Hemant : Small quantity 8700 CE shai?
[13:18]   Shai : (11:55) Shai :exit the NF long trade here 8578- not very convincing move abv IBH. (13:06) Shai :morning buyers at 8550 can now get tested
[13:18]   Shai : OrderFlow was right there t take us through that
[13:19]   Shai : Hemant yes can
[13:19]   Naveen : pos NF on hold shai
[13:19]   Shai : yes
[13:19]   Shai : Move sl in NF to 8576 for intra
[13:20]   Shai : buy BNF 18980 sl of 18930 tgt 19050
[13:22]   Hemant : Ty Shai, 8700 CE at 53.something bought
[13:23]   Hemant : 63*
[13:30]   Shai : Nf close looks settled at vwap 8575 for now
[13:30]   Shai : BNF should go up once to 19050
[13:33]   Shai : flat in NF for intra , long in BNF now
[13:46]   Vikkas C : greece -22% lol
[13:47]   Manoj : Greek index dwn 22-25% china would Be feeling sala hum itna kab girenge !!!!!
[13:47]   r m : China jealous 🙂
[13:47]   Vivek K : greece opened after 2 months?
[13:48]   Manoj : +1 r m
[13:48]   Vikkas C : seems world mkt also gearing up for RRR policy update tomo :p
[14:05]   Shai : 19020
[14:05]   Manoj : yes
[14:05]   Shai : BNf the only hope for the intra dayer today- NF is walled up
[14:06]   Manoj : yes
[14:06]   Manoj : booked hlf@ 19018.75
[14:13]   Shai : yes some sellers coming at that 19040 + levels
[14:13]   Shai : could be profit taking ahead of RBI
[14:14]   Vikkas C : what a dull day to trade today 🙁
[14:20]   r m : abki baree nifty 🙂
[14:21]   Shai : That one dip was lapped up very well in Nifty at 8550
[14:22]   Shai : small indications again for a dip buy mode through Aug
[14:22]   RK : Shai eagerly waiting for that and grabbed it 🙂
[14:22]   RK : now a days never miss your dip timing after a trend day..9/10 hits 🙂
[14:22]   Shai : was at vwap band though I would have been happier at 8538
[14:23]   Shai : that anomaly is still there for RR spikes at 11.00.01 🙂
[14:23]   Shai : maybe 10.55 also
[14:23]   RK : that was my stop..when price gone below yPOC buy it at that dip time and place stop -5 or 10 below KRA or dVAL 🙂
[14:24]   Shai : yes good trade
[14:24]   RK : you have tuned as in such a way..all thanks to you
[14:25]   r m : NF making a very good looking profile today – wants to impress Rajan 🙂
[14:25]   Hemant : Got out of 8700 CE Aug
[14:26]   Hemant : Buy at 63.something sell at 68.something. Rest after event, what say Shai?
[14:30]   r m : @Hemant, peeling NF while it rotates around vwap! nice
[14:30]   Hemant : At close, would it help if got into 8600 CE 1 or 2 lots?
[14:30]   Hemant : RM, me begging .. last series did me in 🙂
[14:31]   r m : 🙂
[14:32]   r m : @Hemant, on a normal day (which today has been so far) a 5-10 point option trip is very good I think
[14:34]   r m : you are getting 8% return on that trade, even loansharks won’t get that high returns 🙂
[14:34]   Hemant : Should consire myself lucky for a while RM 🙂
[14:34]   Hemant : consider*
[14:34]   r m : it is skill man, luck is secondary
[14:36]   Hemant : RM sir, 0 skill here. Going with the flow, wherever it flows now 🙂
[14:36]   r m : that is the skill! learning to swim with the current 🙂
[14:37]   Hemant : Bought 8600 now at 107.something 🙂 Cant wait till close
[14:42]   Kiran : Shai , willNF go to correct poor low ?
[14:43]   Shai : Place an exit at 19020 in the BNf long trade
[14:50]   Vikkas C : anybody watching cnbc
[14:51]   Vikkas C : rbi gov veto power
[14:51]   Vikkas C : whats that all abt ?
[14:51]   Manoj : yes
[14:53]   Vikkas C : is hero reporting its numbers post mkt hrs ?
[14:53]   Manoj : Rajan CP is fodder for Bears So Bware 4 longs
[14:54]   Vikkas C : manoj whats ur astro saying ?
[14:57]   Manoj : Bullish
[14:58]   Manoj : i m aiming @ 8640-8664 Nifty fut tomaro
[14:59]   Vikkas C : cool thanx
[15:01]   r m : @Vikkas, there is policy formulation discussion going on with recommendation to have monitory policy committee like US and Europe has with no Veto power for Governor
[15:03]   Hemant : Why no have the RBI desolved all together, and have RR as the VC of some Univ 🙂
[15:03]   Hemant : Spellings are taking a beating
[15:04]   r m : @Hemant, Nalanda? 🙂
[15:04]   Hemant : Yes 🙂
[15:04]   Hemant : Emphatic yes 😛
[15:04]   Vikkas C : thanx rm for the heads up 🙂
[15:05]   Suyash : @Shai – Do you expect the IVs to fall after the event tomorrow? Any strategy you could recommend? Is long futures + short calls a good idea?
[15:08]   Shai : yes Suyash
[15:08]   Shai : IV’s should drop by 10%
[15:08]   Shai : long F/ short calls best
[15:10]   Suyash : thanks shai.
[15:12]   Shai : (13:30) Shai :Nf close looks settled at vwap 8575 for now
[15:12]   Vikkas C : shai long NF and short 8700ce or 8800ce
[15:12]   Shai : hit 19038- (13:30) Shai :BNF should go up once to 19050
[15:13]   RK : and missed my 19039 🙂
[15:13]   Hemant : NF or BNF buy Shai?
[15:13]   Shai : Vikkas long NF and short 2 x of 8700 ce
[15:14]   Shai : or long 8700 ce and short 2 x 8800 ce
[15:14]   Vikkas C : ok thanx shai 🙂
[15:15]   Shai : that long 8700 short 8800 ce trade valid for series till last week
[15:16]   Vikkas C : ok shai
[15:16]   Shai : long BNF trade for intra exit here at cost
[15:16]   Augustin : @Shai – No BNF carry forward to tomorrow?
[15:17]   Shai : that was for the intra we took
[15:18]   Shai : that pos will remain with sl at cost
[15:18]   Augustin : Alright. Tks
[15:22]   Shai : today’s entire range may get traded in 5 mins tomroww up to down or down to up
[15:22]   Vikkas C : lol
[15:23]   Shai : may be less than 5 also 🙂
[15:24]   Shai : some aggressive shorts may have come in BNF at 19040
[15:24]   Shai : 18920 is where the buyers are
[15:26]   Manoj : tomaro fresh trades to b taken only after policy ???
[15:26]   r m : a few dimples left in nifty profile, guess they will be covered in pre-Rajan period 🙂
[15:28]   Shai : es Manoj
[15:28]   Shai : Feel we may get a move to 19050 again from here tom before 10.00
[15:29]   Manoj : thanks shai & bye all
[15:29]   Manoj : bye rm
[15:29]   Shai : cmp 18935 . BTST trade
[15:29]   Vikkas C : buying at lows in BNF ryt now shai
[15:29]   Shai : sl of 18880 at open
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Vikkas C : bye all
[15:30]   John : bye all
[15:30]   Sandeep : bye all
[15:30]   Tejpreet : Bye all.
[15:30]   Moses : byeall
[15:30]   Augustin : bye all
[15:30]   Gaurav : Good bye
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Srini A : Bye All
[15:30]   Porus : bye all
[15:30]   Shailesh : bye all
[15:31]   Suyash : bye all! have a great evening!
[15:32]   Hemant : Great 🙂 Ty folks!
[15:38]   Venkatesan : thank you shai,rm and frends

[09:17]   Tejpreet : Shai positional views on lt and hcl post results.
[09:30]   Gaurav : Tata Steel same view holds as Friday?
[09:31]   Shai : LT driving up
[09:31]   Shai : buy confirms abv 1761 for intra tgt 1784/ 1804
[09:31]   Shai : minor hurdel may come at 1771
[09:31]   Shai : hurdle*
[09:33]   Vikkas C : did someone see bharatforge
[09:33]   Vikkas C : someone just dumped it
[09:34]   Shai : hcl sill in last week’s value
[09:34]   Shai : 935 supp and 970 res
[09:35]   Tejpreet : Thanks Shai.
[09:36]   RK : Sun almost surpassing 20day avg vol now in 30 mins
[09:36]   RK : suntv
[09:38]   Shai : tata steel roughtly 242 as sl to see if the buyers lift it
[09:39]   Gaurav : Thanks Shai
[09:42]   Hemant : Shai, view on Yesbank ?
[09:43]   Shai : yes looking to break abv
[09:44]   Shai : confirmation is abv 838.5 then tgt is 849/ 859 sl f 827
[09:53]   Tejpreet : Shai TECHM at overhead supply of 533(as per last week update ) …how does it look on charts now.
[09:56]   Hemant : Ok Shai, ty
[09:59]   Vikkas C : shai view on axis bank ?
[10:02]   Mohul : SHai view on JKLakshmi cement adn PVR
[10:04]   Mohul : Also NBCC
[10:10]   Shai : techM just there
[10:10]   Shai : has to do a little more abv 532 for 538
[10:10]   Gaurav : rcap and rinfra looking good?
[10:11]   Tejpreet : Thanks for techm lvls.
[10:12]   Shai : axis good abv 571 should tgt 591
[10:12]   Vikkas C : thanx shai
[10:12]   Gaurav : Gosh what just happened to rcap and rinfra after my msg
[10:13]   RK : Gaurav Anil may be in trading room of his office 🙂
[10:14]   Gaurav : Hahah!! What a blast in both within seconds
[10:14]   Gaurav : @Rk
[10:14]   r m : @Gaurav, pls msg about nifty too 🙂
[10:15]   Gaurav : 🙂 We have Shai to take care of that, expecting an upmove , fingers crossed
[10:15]   RK : RM unfortunately its not dhirubhai group of companies..so we cant move it..sorry about that 🙂
[10:16]   r m : lol
[10:19]   Shai : jklakshmi 329 is supp but intra day buying moemtum is not there
[10:19]   Shai : supply band at 344- 346
[10:20]   Mohul : ok
[10:20]   Shai : pvr 838 supp but upmove gets momentum abv 848 for a possible 890
[10:20]   Mohul : Thanks
[10:21]   Shai : nbcc looks good today
[10:21]   Shai : 1036 supp now for day should tgt 1066/ 1096
[10:21]   Mohul : ok
[10:22]   Shai : relcap at supply 403- 408
[10:23]   Shai : upmove looks difficult on current volumes
[10:23]   Gaurav : Have a look at Voltas too positional. Looks decent
[10:24]   VR : Shal can you pl have a look at Siemens
[10:24]   Shai : relinfra 419/ 412 supports
[10:24]   Shai : may find res at 434/
[10:25]   Gaurav : Thanks Shai
[10:25]   Shai : voltas will get new momentum abv 321 fo 342 with stops below 315
[10:27]   Shai : siemens looking good here- supp ar 1455 all week tgt of the move could be 1514
[10:27]   Shai : add abv 1486
[10:27]   VR : thanks
[10:40]   Soumya : Shai can you please check NSE: NITINSPIN for positional?
[10:49]   Shai : nitin spin burts of volumes fom friday
[10:49]   Shai : continues to be good abv 88 for 98
[10:50]   Soumya : positional can it go to 115?
[10:50]   Shai : Buy all dips til 84 holds
[10:50]   Shai : No not yet – current volumes project 99.7 max
[10:50]   Vikkas C : shai view on bpcl pls ?
[10:52]   Shai : bpcl weakening
[10:52]   Shai : supp at 942 broken
[10:52]   Shai : 910 next supp
[10:53]   Vikkas C : thanx shai
[10:55]   Hemant : BPCL is in a firm downward trend I suppose
[10:57]   Soumya : thank you shai
[11:03]   Hemant : Shai views on Adani Power?
[11:04]   Manoj : any view on LIC
[11:04]   Manoj : intra & positional
[11:28]   Shai : adani power coming back into the old balance- likely to do 31 and possibly 34again
[11:29]   Hemant : Ok Shai
[11:29]   Hemant : Can be bought here?
[11:29]   Shai : lic intra day can still do 513 and 516 here but positional carry look s risky
[11:30]   Shai : Yes Hemant can buy here keep sl at 26.8 for tday
[11:31]   Hemant : Ok Shai 🙂
[11:56]   Vikkas C : shai view on heromoto pls ?
[11:56]   Vikkas C : results today .
[12:04]   Hemant : Shai, whats the resistance for L&T?
[12:05]   Vikkas C : “(09:31) Shai :LT driving up(09:31) Shai :buy confirms abv 1761 for intra tgt 1784/ 1804(09:31) Shai :minor hurdle may come at 1771”
[12:05]   r m : Thanks Vikkas 🙂
[12:05]   Vikkas C : 🙂
[12:05]   Hemant : Ty Vikkas 🙂
[12:06]   Vikkas C : no worries hemant
[12:06]   Hemant : I bought at the hurdle
[12:06]   Hemant : 🙂
[12:06]   Vikkas C : 🙂
[12:19]   Vikkas C : heromoto results leaked or have they come out ..
[12:31]   RK : Vikkas 3 stocks in drunk state today Hero,DRreddy and Maruti 🙂
[12:32]   Vikkas C : hero is doing weird moves
[12:33]   Vikkas C : maruti one way from 3980 types to 4435 ..damnn
[12:38]   r m : Heromotoco climbd from 2570 on very heavy volumes http://screencast.com/t/BtcAiL8pBl
[12:40]   RK : Yes RM..I was there in that bungi jump down..but not boarded on missile launch from bottom 🙂
[12:40]   r m : lol
[12:41]   Vikkas C : i had boarded but took an exit on friday
[12:43]   RK : Shai HDFC still in the band..Shorts better here?
[12:44]   Vikkas C : even hdfcbank RK..40 point range its been roaming in
[12:44]   Gaurav : Is Castrol looking like a good short here Shai?
[12:46]   RK : noted Vikkas
[12:53]   Shai : hdfc weak now below 1330
[12:53]   Shai : next weekly supp at 1316
[12:53]   RK : thanks Shai
[12:55]   Shai : castrol not weak till 486 holds this week
[12:55]   Soumya : Shai can you look at NSE: GOKEX once?
[12:56]   Shai : below that 472 possible but long liqudation has come from the 513 mentioned last week
[12:57]   Soumya : For positional
[13:01]   Shai : gokex has seen vols building
[13:01]   Shai : still good abv 86 all week for 99 in next few sessions
[13:02]   VR : Shai GOTEX is at ATHs, any rationale for 99 target and support 86?
[13:04]   Soumya : thank you shai
[13:04]   Soumya : even i had this question how do you get targets when stock is at all time highs
[13:46]   Shai : they are based on price extendions of volumes – a Market Profile concept similar to the range extension target we do for intra day based on IB
[13:46]   Shai : extensions*
[14:03]   Manthan : How is Indusind Bank, @shai?? what level entry for long is suitable?
[14:04]   RK : Shai HDFC done target on down move and LT now done 1st tgt on upmove..lovely 🙂
[14:09]   Shai : indusind sideways moving profile with support at 960 currentky
[14:09]   Shai : can see it at 992 if 960 holds but on current vols furher up abv 992 can’t be seen
[14:11]   Manthan : thanks bro
[14:12]   Shai : Yes RK hdfc was a nice pick
[14:12]   Shai : 1316 seems to de doing a job but close below 1330 would make it weak today
[14:19]   Vikkas C : shai infy look to go longs for 1130 again ? any view
[14:37]   Hemant : Shai, where is Yes bank heading?
[14:44]   r m : “(09:43) Shai :yes looking to break abv(09:44) Shai :confirmation is abv 838.5 then tgt is 849/ 859 sl f 827”
[14:46]   Shai : infy wait- enter if u see 1065 again
[14:46]   Vikkas C : cool thanx shai
[14:59]   Sumit K : Shai – JK Tyre levels
[15:05]   Shai : jk tye move and clos eis good but risky to start a new position here as profit booking chances for the move are there
[15:05]   Shai : look to buy on dips – nest place is 104- 106
[15:05]   Sumit K : xsi
[15:06]   Sumit K : Shai – Tata Elxsi
[15:07]   Shai : tata around 1690 is now supp- new vols have come- likely to tgt 1936
[15:24]   Sumit K : Shai – Essar Oil levels
[15:26]   Gaurav : lic housing strong closing
[15:31]   Shai : essar good close
[15:32]   Shai : stock can do 215 stil