OrderFlow charts and Notes 03/09/15

[08:40]   r m : Good Morning folks!
[08:40]   r m : http://vtrender.com/levels-and-plan-for-3rd-sept/
[08:40]   r m : http://vtrender.com/orderflow-charts-and-notes-020915/
[08:40]   r m : http://vtrender.com/consolidated-orderflow-020915/
[08:40]   r m : Nifty SEP Future levels | Key Reference Area 7726 | Hypo1 above 7802➜7855 SL 7758 | Hypo2 below 7700➜7659➜7643 SL 7739
[08:40]   r m : Banknifty SEP Future levels | KRA 16355 | Hypo1 above 16470➜16660 SL 16320 | Hypo2 below 16230➜16115 SL 16330
[08:50]   Manthan : Mng friends, RMji gmng
[08:50]   John : GM all
[08:51]   John : Hi RM
[08:52]   Chandrashekhar : GM rm and all
[08:52]   Kathir : GM RM all friends
[08:54]   r m : Hi Manthanji, Chandrashekhar & Kathir 🙂
[08:55]   r m : (*** Private to Kathir ) வணக்கம் கதிர்
[09:01]   Shai : GM all
[09:03]   Rajasekharan : GM all
[09:03]   Anil : GM everyone.
[09:03]   Sandeep : GM everyone
[09:04]   Soumya : Good Morning All
[09:04]   Srini A : GM All
[09:05]   Sankar : GM Shai, RM and everyone :).
[09:06]   Sankar : I have zero fundamental knowledge. Jim Rogers exit, is that going to affect us so much?
[09:06]   Vikkas C : GM all
[09:07]   Moses : GM All
[09:08]   Tejpreet : GM All.
[09:08]   Soumya : looks like market will open above 7751 so 7860 is on the table !!
[09:08]   r m : @Sankar, just ignore 🙂
[09:09]   Sankar : lol 😉
[09:09]   Sankar : perfect answer RM. we will get entries anyway, whether its up or down. KRA is there.
[09:09]   r m : In any case Jim Rogers always maintained that Indian Markets were not fancied by him and he probably was short. Short exit seems to be right step he has taken 🙂
[09:10]   Sankar : lol.
[09:13]   RK : GM Shai,RM and all
[09:14]   Anay : GM All
[09:14]   r m : Hi RK
[09:15]   Prakash : gm all
[09:16]   Kathir : @RM nf discount now
[09:16]   r m : ok
[09:16]   Aayush : data not streaming?
[09:16]   r m : no
[09:16]   Shai : tick data is heavy these days– alllow chart a few mins to start
[09:16]   Aayush : ok
[09:17]   Shai : charts are used to a lighter load 🙂
[09:17]   Shai : back up now
[09:17]   Shai : 7725 s still the KRA
[09:17]   Anay : halt at ywap
[09:18]   Shai : we again look for an auction abv poc and yvwap
[09:19]   Shai : longs abv 7802 with sl of 7785 for 7845 for this open
[09:19]   Uttam : GM all
[09:20]   Tejpreet : BN can take long above 16470 or wait.
[09:20]   Shai : last 30 mins spike was from 7768 – still postive if we tay abv 7768 but momo comes abv 7802
[09:20]   Tejpreet : Lot of reds at top in BN
[09:21]   Sandeep : shai that straight line in volume bar , red and blue in colour, what does colour signify
[09:21]   Shai : can take long abv 16470 – gave it 15 points abv y’day broken supp of 17455
[09:22]   Tejpreet : Got it thanks .
[09:22]   Shai : blue would be a higher vol wrt the prev bar in the volume pane
[09:22]   Sandeep : okay
[09:23]   Shai : if 7768 breaks we go back to 7743 and 7725 sl of day highs
[09:30]   Aayush : shai whats the short trade for bnf if any?
[09:31]   Kathir : @RM how abt vix now
[09:33]   r m : 25.41
[09:33]   r m : it is throttling the option premium, writers day out 🙂
[09:33]   Kathir : yeah 🙂
[09:34]   Shai : buyers in NF
[09:35]   Shai : Aayush yesterday BNF did not sell off into the close along with NF may come up today
[09:35]   Soumya : long activated
[09:36]   Naveen : Shai hypo 1??
[09:36]   Shai : keep sl below 7778 for the NF
[09:36]   Naveen : ok done
[09:36]   Uttam : ok Shai
[09:37]   Soumya : done
[09:37]   Shai : yes that hypo sl is the best as buyers see again 7755- 68
[09:38]   Shai : our trigger did not get new buying- want it to rise abv 7802 again and sl would be just below vwap
[09:51]   Shai : that revised sl helped
[09:52]   Shai : following spike rules here – just abv spike highs now in NF
[09:52]   Shai : let’s see if buyers can push it now
[09:52]   Tejpreet : VIX magic nifty up 60 7800 call up 10 from yesterday close 😉
[09:53]   Shai : vix below supp 25.5
[09:53]   Shai : 24.22 now next ref and below that can drop to 20.5
[09:54]   Shai : watch BNF here
[09:54]   Shai : move looks like it will test the seller at 16600- 16666
[09:55]   Shai : same concept as NF to test the seller at 7845- 55
[10:00]   Sandeep : what was nf high yesterday
[10:00]   Uttam : 7874.1
[10:00]   Shai : book 50% NF and bring sl to 7799 on rest
[10:01]   Shai : just tentataive at 7830 who was the second seller y’day
[10:01]   RK : yday pullback high 7830
[10:01]   Shai : yes
[10:01]   Anay : yes
[10:02]   RK : stopped out there with just some 1 tick on my shorts 🙂
[10:02]   Anay : oh 🙂
[10:02]   Shai : and I had a messsy long trade there
[10:02]   Shai : those trades always evoke powerful memories 🙂
[10:03]   Girish : 🙂
[10:03]   John : 🙂
[10:03]   RK : lol
[10:03]   Bhagya : 7860 is very tough to cross and yesterday he held so well
[10:03]   Bhagya : seller at 7860 is very strong
[10:03]   Anay : yes. uska “Bhagya” accha hai filhaal 😉
[10:03]   Shai : yes agree
[10:04]   RK : IB high and low done..lets grind and nap RM 🙂
[10:04]   Girish : BNF bulls seems stronger – alteast so far
[10:04]   r m : @RK 🙂
[10:04]   Shai : there is also a counter action guys from 7740- 60 from 2 days
[10:04]   Shai : let’s keep that in perspective too
[10:04]   Shai : y’day chart is still on screen and you can see the greens
[10:05]   Varun : we have excess if lows of yesterday held
[10:05]   RK : Monday US closed..I think we will rotate between this 7750-7850 till 2 tmw and Friday move 🙂
[10:05]   Bhagya : yes shai bhai. You are very mich right. 7840-60 is a very tough range. If these guys give up, then huge short covering and reveresal of trend possible. Till then it is still a down trend market
[10:05]   Aayush : tomo is a boom boom day..
[10:05]   Aayush : range bound should be tough i think
[10:05]   Shai : still BNF can do more
[10:06]   Shai : sl is 16420
[10:06]   Girish : BNF trouble zone is 630-635?
[10:06]   Shai : yes
[10:06]   Girish : that’s from where it was sold off yesterday
[10:07]   Moses : Will Draghi fire bulls with more QE today?
[10:08]   Shai : yes mostly
[10:08]   Anay : 8200 CE in the red due to VIX drop
[10:09]   Shai : vix at 24.20 supp but up momentum is gonne below 25.40
[10:10]   RK : Shai above VAH BNF not good for positional..say above 16600?
[10:10]   Shai : 16600?
[10:11]   Shai : we are already 1540
[10:11]   Shai : 16540
[10:12]   RK : Shai I mean above 16600 can we go positional on weekly perspective with stops below 16300?
[10:14]   Shai : yes abv 16640
[10:15]   Vivek K : shai likely trend day?
[10:15]   Shai : possible Vivek as long as 7794- 7799 is held today
[10:15]   Aayush : so the 7650 view is negated?
[10:16]   Shai : or vwap in other terms
[10:16]   Shai : Not yet Aayush
[10:16]   Uttam : it needs to get above 7860 & sustain I suppose
[10:16]   Shai : objective of the auction this morning is to check the strength of the seller
[10:17]   Bhagya : Aayush are you holding shorts on nifty?
[10:18]   Aayush : no bhagya ji, but i am constantly jobbing in 7400pe. Just wanted to chk with him if its worthwile to again enter..
[10:18]   Bhagya : ok
[10:19]   Bhagya : today reliance and sbi looks strong
[10:19]   Bhagya : shorting is a big avoid in nifty and bank nifty too for a pure day trade
[10:19]   Bhagya : unless 7795-7800 is given up on nifty fut from now on from bulls
[10:22]   Bhagya : also we are trading decisively above yesterday VAH and since POC and VAL of yesterday are very low, those shorting are only trying to tocatch the retracement and not the trend. Am I right shai ji
[10:24]   Varun : we r rite now below vah
[10:24]   Varun : or same as vah
[10:25]   Shai : yes Bhagya
[10:27]   Uttam : Shai in the profile chart in the evening VAL & VAH are marked in NF but in your morning post the levels are different?
[10:28]   Uttam : am i seeing something wrong here?
[10:33]   Shai : Go with the values in the bog post
[10:33]   Shai : the ones on screen are here
[10:39]   Uttam : ok Shai thanks
[10:46]   Shai : tsl gone
[10:47]   Anil : should we consider open n Vwap support ??
[10:49]   Porus : Shai, is Trend day negated, or some more time below vwap required?
[10:53]   Shai : yes trend day neagted
[10:53]   Shai : gone rotational now
[10:54]   Shai : Yes Anil 7794 is still a supp but auction needs to climb abv VAH quickly at 7813 fr continued upsides
[10:55]   Anil : thanks Shai.
[10:55]   Shai : those 2 sellers 3.66 and 2.15 are marginally heavier now
[10:56]   Aayush : 3.66??
[10:57]   Hemant : Shai. whats the VIX support?
[10:57]   Shai : full day chart
[10:57]   Shai : 24.22 and 20.60 below
[10:57]   Varun : shai dream profile in making fr tmrw
[10:57]   Hemant : Great
[10:57]   Shai : (10:09) Shai :vix at 24.20 supp but up momentum is gonne below 25.40
[10:57]   Varun : the one which a profiler waits fr weeks
[10:57]   Varun : but doesnt have strength to trade
[10:58]   Varun : 2 poor highs and excess at bottom suggest big break out on upside tmrw
[11:00]   Uttam : NF trading above VWAP & DPOC, could we try longs again here or above IBH 7828
[11:00]   Shai : ok
[11:00]   Anay : Varun being trolled on twitter for a typo 😀
[11:00]   Varun : lol
[11:00]   Varun : someone keps a close watch
[11:00]   Varun : stalking yeah
[11:00]   Shai : I’m still trading this as a Monthly DD though
[11:00]   Varun : 😉
[11:01]   Anay : lol. was just checking your convo with Kris
[11:01]   Varun : whts the extension handle of this monthly dd
[11:01]   Varun : ya ya, just kiding
[11:01]   Varun : these first 2 digits giving me a prob since we broke 8000
[11:01]   Varun : nt used to 7’s
[11:03]   Varun : (11:01) Varun :whts the extension handle of this monthly dd
[11:03]   Shai : Monthly- http://screencast.com/t/tZrxSIfBec
[11:03]   Varun : so 8115/8340
[11:03]   Shai : see the break from the 2 month balance and now rotating below
[11:03]   Varun : will be the two trgts of bo abv 7840
[11:04]   RK : Shai so 8285 is the VAL of that upper range of Aug
[11:05]   r m : 8287 is also Aug spot vwap
[11:05]   Shai : yes
[11:05]   Shai : you don’t want to be short abv that as it can zoom to 8650 typs
[11:06]   Shai : for now POC of this distribution is at 7992 and seller will keep shorting the rise till 7990
[11:06]   r m : ok
[11:06]   RK : 8285 is where we had that mystery liquation all of a sudden 🙂
[11:06]   Shai : yes
[11:06]   RK : liquidation
[11:07]   r m : @RK, 8285 Nifty melting point 😀
[11:07]   RK : yeah yeah RM 🙂
[11:07]   Shai : but as Varun says 7850 to 7930 and 7990 maybe is a long trade setup and a carry fpr 100 points
[11:08]   Varun : thr is a profile when we fell from 8660 to 8330
[11:08]   Varun : and then broke up again to 8580 types
[11:08]   Varun : ditto repeat
[11:09]   Varun : if u keep those three days and last three days
[11:09]   Varun : over lap profiles on bottom with a small excess
[11:09]   Varun : rm mite show me those three days
[11:10]   Shai : Put NF long in system again abv 7831 sl of 7811 tgt 7855
[11:12]   r m : @Varun, Tumne pukara aur … 🙂 http://screencast.com/t/nVBUJKSytl9
[11:13]   Varun : http://vtrender.com/levels-and-plan-for-18th-aug-2/
[11:13]   Varun : chk this also
[11:14]   r m : OK
[11:22]   Shai : we are looking for a fresh entry abv IBH with stps below VAH for the same
[11:22]   Shai : if 7794 goes we may see 7768/ 7743 again
[11:36]   Prakash : if last month profile = dec’14 can we repeat Jan’15 profile !!!
[11:39]   Aayush : chances of consolidation for the whole day>
[11:41]   Kiran : BNF greens at VAH, is this covering or fresh buy ?
[11:42]   Shai : auction is a P so type would say short covering
[11:46]   Moses : Shai, BNF profile can be considered as “b”?
[11:46]   Moses : yesterday profile
[11:46]   Kiran : its P
[11:47]   Kiran : more sellers above VAhH
[11:49]   Kiran : Shai 30 m FP pl compress little
[11:54]   Moses : Thx Kiran
[11:57]   Shai : yes y’day as a b
[11:57]   Moses : Thx Shai
[11:57]   Shai : and a p today would mean a start of balance in BNF
[11:58]   Shai : tentative trip in BNF may be back to 16900/ 17050 but conf abv 16630 obly and sl at y’day lows + small filter
[11:59]   RK : Shai can we say last one hour as acceptance above VAH
[11:59]   RK : ?
[11:59]   Shai : there isn’t a solid tail at y’day close so we go with a view of rotations rather than a short term bottom
[12:00]   Shai : yes + has to do IBH extension
[12:00]   RK : ok
[12:00]   RK : out of 3 red 1 neutralised here and another one is one verge of neutralising
[12:00]   Shai : Go long in BNF abv 16550 for 16640 sl of 16465
[12:03]   Shai : 16455 is still the zone for me to hold today
[12:03]   Shai : we broke below it y’day and had a short view under it and we pulled to it back and close at lows under it y’day
[12:03]   Shai : lows of tuesday trade
[12:04]   Shai : (09:21) Shai :can take long abv 16470 – gave it 15 points abv y’day broken supp of 17455
[12:08]   Kiran : seller at BNF
[12:10]   Anay : below 7795, back to dl
[12:16]   R Goel : shai can u zoomout bn just want to know whr s the vwap
[12:18]   r m : bn vwap should be near 16472
[12:19]   Kathir : @RK again bamboo NF vwap …expect 100 point move from here ?
[12:21]   Kathir : @shai view for 16050 bnf this week still there with SL 16640?
[12:22]   Vikkas C : 1st buyer at vwap
[12:22]   Vikkas C : finally
[12:26]   RK : 3 hrs gone after a positive open..buyers are not doing right job despite holding it above VAH..they cant push through..staying at VWAP is trouble for new buyers
[12:27]   Kiran : Vikas , that buyer gone ?
[12:27]   RK : Kathir not stiff as yesterday.lets see
[12:28]   Kathir : ok
[12:30]   Kathir : todays final buyer is being tested now
[12:32]   Naveen : now 7768/7745 possible shai??
[12:33]   Chandrashekhar : shai ,if goes above 7802 long again
[12:33]   Shai : it’s weak below 7812 now
[12:33]   Shai : vwap at 7802 has triggered sell orders
[12:33]   Aayush : whats the sl for the short trade now?
[12:34]   Shai : 7817
[12:35]   Shai : Keep an order to sell NF below 7782 sl of 7806 tgt 7744
[12:35]   Shai : remove previous buy orders in NF and BNF
[12:37]   Shai : too muh rotation within that P to have a good short at mkt
[12:37]   Shai : so we short below 7782 and look for 7744 poc of y’day
[12:38]   Shai : if shorting here sl is day highs
[12:46]   Uttam : could we look to still go long above 7830?
[12:49]   Shai : yes
[12:50]   Shai : the greens held on that dip
[12:50]   Prakash : BNF on fire mode
[12:51]   Uttam : great 🙂
[12:52]   Kathir : bnf got support near KRA
[12:52]   Shai : buy BNF near 18485-90 sl of 18430 tgt 18545
[12:52]   Shai : keep limit orer to buy
[12:53]   RK : 16485-16490 🙂
[12:54]   RK : anyhow noted levels 🙂
[12:54]   Shai : 16485/ 16490 – 🙂
[12:54]   Kathir : 🙂 shai is bullish
[12:54]   Shai : (12:52) Shai :buy BNF near 16485-90 sl of 16430 tgt 16545
[12:55]   Prakash : its Shai’s monthly tgt, i think for the DD month
[12:56]   Shai : in now
[12:58]   Uttam : yep got into BNF longs
[12:58]   Shai : Not yet Prakash – positional strangth is close abv 16550 spot only
[13:00]   Prakash : 😉
[13:08]   RK : am waiting for 2/3 at top red go neutralised 🙂
[13:11]   Shai : just wondering what that shakeout was about
[13:11]   Porus : stoploss?
[13:11]   Shai : back to morning dpoc
[13:12]   Shai : yes selling vols below vwap looked like longs shaken
[13:13]   Shai : could point to 7860 sl of vwap
[13:17]   Hemant : NF buy triggered
[13:18]   Shai : not a good trigger
[13:19]   Shai : exit if comes below 7824
[13:20]   RK : buyers not coming in
[13:20]   Shai : yeah
[13:21]   Prakash : shai big seller in NF at 830 the same place of y day seller
[13:21]   Shai : BNF book 50% at 18530 and also move sl to cost – 18480
[13:21]   Shai : 16480***
[13:22]   Ashish : Shai 😉
[13:22]   RK : 🙂
[13:22]   Anay : 😀
[13:22]   r m : RK on typo alert 🙂
[13:23]   RK : RM my smiley for breakout 🙂
[13:23]   Shai : 7824 / 16480 critcial on day now
[13:23]   r m : 🙂
[13:23]   Prakash : Shai waiting for your subconscious mind targets of 18k in BNF 😉
[13:23]   Shai : getting clearer 🙂 – (13:11) Shai :just wondering what that shakeout was about
[13:23]   Prakash : :0
[13:23]   Tejpreet : BN goes boom boom
[13:23]   Aayush : so shai, whats the trade now for both at the moment?
[13:24]   Porus : Shai T=7855, or more ambitious now?
[13:24]   Shai : NF sl of 7824 in longs
[13:24]   Aayush : ok
[13:24]   Prakash : now over to varun abv 860
[13:25]   Shai : Porus 7896 but still needs a huge volume expansion
[13:33]   Shai : vix broken 24.20
[13:33]   Ashish : reds are here..
[13:34]   Prakash : shai can we expect call prem to raise quickly wn vix breaks 24
[13:35]   RK : NF washed all sins of yday 🙂
[13:36]   Shai : No Prakash when vix drops vega of options gets hit downwards also ad price reduced
[13:36]   Shai : reduces*
[13:36]   Prakash : tnks shai 🙂
[13:36]   Shai : Trail BNF at 16525 if still in
[13:38]   Uttam : done
[13:48]   Shai : we can hit 16732 today if this res at 16640 is over come
[13:56]   Kathir : @shai bnf 16050 view for this week still open or closed if bnf goes above 16640 now ?
[13:57]   Kathir : or even bnf spot closes above 16550?
[14:04]   Shai : 16050 view was closed when we moved abv 16355
[14:04]   Kathir : oh ok thanks
[14:05]   Shai : globe is putting a green welcome for Mario
[14:05]   Shai : except for hangseng
[14:05]   Aayush : will it sustain?
[14:05]   RK : arent they closed today?
[14:06]   Sumit K : Hangseng was closed today
[14:06]   Prakash : chaina mkts leave for 2 days
[14:06]   Shai : oh right
[14:06]   Shai : that’s why
[14:06]   r m : yep, that may be the reason for little greenery 🙂
[14:07]   Kathir : @RM DR turned his bamboo upside today 🙂
[14:07]   r m : lol
[14:08]   RK : lol
[14:09]   Prakash : DOW fut near break out, 16420
[14:09]   r m : be wary of that 420 😀
[14:10]   Hemant : Shai, that 7400 PE on Monday is a buy? (China resumes)
[14:10]   Kathir : 🙂
[14:10]   Hemant : 🙂
[14:11]   Kathir : Hemant has more belief in china short sellers 🙂
[14:11]   Varun : shai cn u minimise 5 min for more candles
[14:11]   Prakash : by 2moro close can we have some PEs for China open, to celebrate their WW2 victory
[14:12]   Tejpreet : First varun ka 8000 plus then puts 🙂
[14:13]   Varun : 🙂
[14:13]   Hemant : Kathir one thing is not to trust the chinese. Second is your favorite food should look like noodles in a soup bowl 😛
[14:13]   Prakash : we do varun tgts b4 2moro 3pm
[14:13]   r m : NF making lunges now 🙂
[14:13]   r m : it got BNFs DNA!
[14:14]   Kathir : 🙂 hem
[14:16]   Kathir : where is vwap for nf bnf ?
[14:16]   Prakash : weekly VWAP 7876 correct ?
[14:18]   Varun : poor high repair or range breakout
[14:18]   Varun : test starts now
[14:18]   RK : BNF not interested here..someone pls support
[14:18]   Varun : close will decide tht
[14:18]   Soumya : Also gap downs have been a regular affair on mondays recently
[14:19]   Prakash : someone plz block the 7860 seller 😉
[14:20]   Shai : spiky candles in NF at 7780 and 7832 – both supp now
[14:20]   Shai : yes devloping weekly at 7872
[14:21]   Shai : move abv vah and IBH also today – so 2 conditions met by buyers
[14:21]   Varun : and nw range high
[14:21]   Varun : just tht 83650 seller needs to be neutralised for sos
[14:22]   Shai : cross of 7875 is a carry for 7940 F tom
[14:22]   Sandeep : shai ce premiums eroding too fast
[14:22]   Sandeep : although vix not down by that much
[14:22]   Sandeep : 7900 ce is up by 24 pts whereas nf is up by116 !
[14:23]   Sandeep : current month
[14:23]   r m : vix is down by more than 10%
[14:23]   Sandeep : ya
[14:24]   Gaurav : Over and above 8000 all ce -ve or marginally +ve
[14:25]   Prakash : @shai how time the CE buy to get going with NF, any specific vix levels
[14:26]   Sumit K : Shai – 8000 and 8100 ce levels please
[14:28]   Shai : close out BNF intra longs at 16605
[14:30]   Shai : 8000 ce res at 113 and 122
[14:31]   Shai : supp good at 87 of today
[14:31]   Shai : 81 and 89 res in 8100 ce
[14:32]   Shai : supp woud be 47 into next week
[14:32]   Gaurav : 8200 as well please Shai. SUpp and Res. Have added some today
[14:35]   Shai : 55 res and supp at 31
[14:36]   Prakash : @shai how time the CE buy to get going with NF, any specific vix levels
[14:38]   Kiran : Shai 83650 seller at top in 14:10 NF , any reason its not red.
[14:40]   Varun : shai cn u do the profile in 4 pointer
[14:40]   Varun : some ref
[14:42]   r m : http://screencast.com/t/AvMG64dz8t
[14:42]   Gaurav : Thanks for 8200 ce levels Shai
[14:42]   Varun : rm it shows diff highs fr yestrday
[14:43]   r m : 7874 was the high
[14:43]   Varun : see our profile
[14:44]   Varun : i think spike high types
[14:44]   r m : ok, I am getting all the ticks i guess
[14:44]   Varun : hmmm
[14:44]   Varun : shai mite have put a filter
[14:44]   Varun : fr vol
[14:45]   r m : possible, either volumes or bad ticks
[14:46]   Vikkas C : wats up with amtek
[14:46]   Kiran : it was open so diff charts diff values,
[14:47]   RK : our profile is right..7857 was the traded high yday..7874 was the freak one
[14:48]   r m : yes, got it, will need to apply filter
[14:48]   r m : Thanks guys
[14:49]   Varun : ok one q
[14:49]   Varun : as per vix if someone buys ce’s
[14:49]   Kiran : BNF at yesterdays high if we neglect the first candle.
[14:49]   Varun : he has chnac eof loosing money even if we move 50/80 points
[14:50]   Varun : is this theory rite
[14:50]   Varun : ?
[14:50]   Varun : expecting a50/80 point gap up
[14:50]   r m : if move is very sharp, like 80-100 points gap up then vix may not drop sharply
[14:51]   Varun : k
[14:51]   Varun : cont
[14:51]   Shai : not with a 50 but 20/25 will be no good
[14:51]   r m : but slow rise is like arsenic for vix
[14:51]   r m : 🙂
[14:51]   Varun : so vix nt letting ppl earn in ce’s
[14:51]   Varun : then sell puts
[14:51]   Kiran : Shai any short oppo in BNF ?
[14:52]   Tejpreet : If sell pots then close to ITM otherwise no gain.
[14:52]   Tejpreet : puts
[14:52]   Sandeep : currently yes
[14:52]   Sandeep : i mean today
[14:52]   Sandeep : yes thats a better option
[14:52]   Varun : like 7700 is just 130’s
[14:53]   Shai : Kiran not on intra but tom if open below 16620 we may go down agan to 16370 regions
[14:53]   Varun : bulls need to close abv 60 fr sos
[14:53]   Varun : sos is sign of strength
[14:53]   Tejpreet : ;0
[14:54]   Kiran : ok shai
[14:54]   Varun : we mite close day high
[14:54]   Uttam : NF longs can be carried if closes above 7860?
[14:55]   Shai : in BNF once visit up can still come to 16650 sl of 16520 here
[14:55]   Shai : one*
[14:56]   Shai : NF safety for carry is clse abv 7875
[14:56]   Manthan : MO may be in + today
[14:57]   Shai : looking roughly at spot 7850 which was wk poc from last week
[15:00]   r m : MO at 8
[15:00]   r m : oops -8
[15:01]   Kathir : 1124 adv /364 decl
[15:01]   Manthan : oki
[15:09]   Shai : exit BNF long view 16560
[15:09]   Shai : looks like the reapir of today’s poor high in BNF has to wait
[15:09]   Girish : if close < 560 ?
[15:10]   Shai : could bring BNF down
[15:13]   Shai : here is a nice preview to Draghi- http://news.forexlive.com/!/ecb-preview-draghi-is-going-to-give-the-market-exactly-what-it-wants-20150902
[15:14]   Shai : avoid the first 3 paras – it will give you context
[15:15]   RK : Shai in that case, we should see some big vol by close today
[15:16]   RK : trap of that 62k 🙂
[15:18]   Shai : BNF up abv 16540 buy greens still not big
[15:19]   Varun : rk has his figures by heart
[15:19]   Varun : screen was off but postion ws speaking 😉
[15:19]   RK : 🙂
[15:19]   Shai : same in NF – looks like shorts built
[15:19]   Varun : 7830 cut off
[15:19]   Varun : which sode mrlt wants to go
[15:19]   Varun : this is same 7900 rk
[15:20]   RK : Varun am cushioned up to 100 down if at all something turn bad tmw 🙂
[15:20]   Varun : cool
[15:21]   Varun : so u sold 7800
[15:21]   Varun : 😉
[15:21]   Varun : dnt wry all good thigns done by bulls today
[15:21]   RK : nope got some nice pick at lows today..
[15:21]   Varun : awesome
[15:21]   r m : wonderful RK 🙂
[15:21]   r m : you sure pick deep 😀
[15:21]   Varun : thy hve protected 7930 twice
[15:22]   Varun : 7830
[15:22]   RK : and Shai’s neat 100 pointer BNF at lows too..so 100 down is ok tmw I meant 🙂
[15:22]   RK : RM 🙂
[15:23]   Sandeep : so shai going neutral here for 2morrow
[15:24]   Sandeep : Shai ?
[15:25]   Sankar : or we should ask question in a different way..
[15:25]   Sankar : Shai, any idea where you might put KRA tomrw? on top of bottom?
[15:25]   Sankar : 😉
[15:25]   r m : 😀
[15:25]   Shai : Sandeep slightly bearish for tom open
[15:25]   RK : let us take a poll where will Shai place his KRA tmw 🙂
[15:26]   Varun : 7875
[15:26]   Shai : KRA will remain 7725
[15:26]   Varun : ahem ahem
[15:26]   Sankar : Then no big falls..
[15:26]   RK : Shai you let the answer out 🙂
[15:26]   Sankar : 🙂
[15:26]   Kathir : 🙂
[15:26]   RK : look at sellers adding here
[15:26]   Shai : OrderFlow shows some shorts reestablished 7840- 60
[15:27]   Sandeep : okay
[15:27]   Shai : so taking puts for open tom 7400 pe again added
[15:28]   Kiran : that is 15:00 candle right ?
[15:28]   Shai : no looking at the big OTF full day pic
[15:29]   Kiran : ok
[15:29]   Varun : 5 lakh fresh seller
[15:29]   Varun : ?
[15:29]   Shai : 4 rows there now
[15:29]   Ashish : Shorts adding now at daily candle
[15:29]   Varun : or ws thr before
[15:29]   Shai : Ashish came in last 25 mins
[15:30]   Ashish : A chance of gap down then…
[15:30]   Vikkas C : bye all
[15:30]   Moses : Bye All
[15:30]   Sandeep : bye all
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Sankar : Bye All 🙂
[15:30]   Anay : bye all
[15:30]   Porus : bye all
[15:30]   Ashish : Thanks and bye all
[15:30]   Tejpreet : Bye All
[15:30]   Uttam : see you all have a good evening
[15:31]   Kiran : my q is the top most seller 126200 , it has no matching buyer then why it is not red.
[15:31]   Kathir : thanks and bye all 🙂
[15:31]   Shai : which chart 5 min?
[15:32]   RK : day candle he refers
[15:32]   RK : 126200 at top
[15:32]   Shai : avoid the extreme row – 8/10 times it will not be colored
[15:32]   Kiran : day
[15:33]   RK : bye Shai and all
[15:33]   Shai : yeah same one
[15:33]   Kiran : ok
[15:33]   Kiran : generally extreme will be small.
[15:34]   Kiran : got it
[15:44]   Shai : refer to the video of the welcome kit- our charts show orderflow diagonal up and down and hence last rows will not count

[09:20]   Uttam : Shai view on Coal India, good for longs? opened within the last 30 min spike of yesterday
[09:25]   Uttam : ACC looking good Shai, hit first tgt of 1370-76, looking good for more?
[09:26]   Shai : coal india has a pibot at 344 which can turn it to 339 or 351- cross of 351 is positive for 366
[09:27]   Shai : acc good abv 1364 stil – sustaining 1374 can push it to 1389
[09:35]   Uttam : already reached ACC rocket
[09:38]   Manthan : Shai, Maruti viw Pls
[09:44]   Shai : maruti supp at 4020 but can get positive abv 4060 for 4085/ 4131 intra
[09:55]   Naveen : Shai tataglobal intra tgts please?
[09:56]   Shai : extremely good pick abv 119.9 see supply at 124.4
[09:56]   Shai : 123- 123.5 may resist a bit intra
[09:57]   Shai : but booms abv 124.4 close for a possible 131/ 133
[09:58]   Naveen : woowwww…Shai..thanks
[10:07]   RK : Shai BPCL looks weak here?
[10:07]   Girish : Shai – TATAGLOBAL 130CE looks good at 2. Thoughts?
[10:08]   Nandesh : which stock – Shai : but booms abv 124.4 close for a possible 131/ 133
[10:09]   r m : Tataglobal Nandesh
[10:13]   Shai : bpcl wekened a lot since that 885 visist may drop to 816 below 840 now
[10:17]   RK : thanks
[10:29]   R Goel : shai view on Recltd
[10:30]   R Goel : shai some views on recltd plz
[10:35]   Shai : rec weekly vah at 253 keeping it RB- can drop to 239 again
[10:36]   Girish : @shai – TATAGLOBAL 130 CE – views?
[10:36]   Shai : @Girish I don’t have an option chart of stocks
[10:36]   Girish : Alright 🙂
[10:36]   Girish : Options only – NF ?
[10:37]   Shai : yes
[10:37]   Shai : with vix dropping I suggest going with that OTM only on 124 cross
[10:37]   Girish : Okay, will keep that in mind. thanks.
[10:45]   Soumya : Shai can you check NSE: MANALIPETC once please
[10:51]   Shai : supp at 22 is good looks headed for 28
[10:51]   Shai : on a longer scale 18 should hold and take it to 36/40
[10:52]   Shai : petro chem? good fundas?
[10:58]   Soumya : yes good fundas
[10:58]   Soumya : crude price fall should help it a lot
[10:58]   Soumya : i am bullish for the next 2 quarters
[11:05]   Gaurav : SAIL safe for a buy now Shai? Above 48.40
[11:18]   Shai : yes sail looking good
[11:18]   Shai : 50.4 possible today sl below 46.5 for now
[11:23]   Kathir : @naveen Tataglobal…
[11:24]   r m : 🙂
[11:30]   R Goel : shai apollo tyre
[11:30]   R Goel : plz
[11:30]   RK : Shai Axis trying to breakout here?
[11:33]   Naveen : yes kathir…firing upppppppppppppppppppppppppp
[11:33]   Naveen : waiting for tht 124.40 to cross..fingers crossed 🙂
[11:38]   Vikkas C : shai can u pls chk axisbank, yesbank and kotak
[11:39]   Shai : apollo tyre intra day losing momentum below 176.3- val at 168 has given good supp and may see 187 if stays abv
[11:40]   Shai : axis good abv 475 all day – fresh longs may come abv 483 for 502
[11:41]   RK : ok count me in for that fresh long above 483..thanks 🙂
[11:41]   Shai : yes can do 677 abv 671 sl below 667
[11:41]   Shai : kotak good abv 614 can see 631
[11:41]   Shai : some of these pvt banks are doing well
[11:42]   Vikkas C : yes shai
[11:42]   RK : yes this lot only dragged BNF all the way down
[11:43]   Soumya : what about hdfc bank shai?
[11:54]   Shai : hdfc bank intra day supp around 1002 – a close abv 1015 opens up 1036
[12:01]   Soumya : thank you shai
[12:34]   Soumya : Shai one last query today – please check NSE: JUBILANT for short term
[12:40]   Shai : Soumya pls fee free to ask as many as you want
[12:41]   r m : 🙂
[12:42]   Shai : jubilant not sustaining 360 may drop to 320 even 296 for new buyers- conf of more weakness if 342 fails
[12:47]   Soumya : thank you brother
[12:49]   Vikkas C : shai can u pls chk L&T
[12:54]   Vikkas C : @RK axis dekho sir
[12:55]   RK : not yet triggered buy Vikkas
[12:56]   Vikkas C : yes..just telling u ..with brkout in bnf this will zoom off 🙂
[12:58]   r m : “(11:40) Shai :axis good abv 475 all day – fresh longs may come abv 483 for 502”
[12:59]   r m : still stranded there
[12:59]   RK : yes
[13:00]   r m : momentum traders board only running trains 😀
[13:01]   RK : RM its jackie chan jump..entering car through a window when its passing at 120 km/h 🙂
[13:01]   RK : but also mind, when someone pulls a break then its equal to death 🙂
[13:04]   Vikkas C : soumya small world ..
[13:05]   Vikkas C : 😉
[13:05]   r m : 🙂
[13:06]   r m : I read somewhere that every bone in Jackie Chan’s body has been broken at least once 😀
[13:06]   r m : comparable to traders 🙂
[13:07]   RK : quite possible..inspiration for our generation personally and professionally as trader 🙂
[13:08]   r m : lol
[13:10]   Shai : LT short term chart is mixed here- but holding abv 1535 may attempt that gap fill or 1595
[13:10]   Shai : intra day staying ab vwap for now and 1550 is intra day spp for 1570
[13:13]   Vikkas C : thanx shai
[13:15]   Shai : tata global at the weekly res now
[13:16]   Naveen : oh ok
[13:22]   Tejpreet : Shai views on TCS now …the only rotten apple in the basket !
[13:23]   Vikkas C : rk axis broke
[13:24]   RK : I got a buzz from Nest 🙂
[13:27]   r m : NEST behaves like a disco floor at such times 🙂
[13:31]   Shai : tcs did promse something by going abv 2611 but now down again intra supp at 2572
[13:31]   Shai : avoid till 2572- 2611 clears
[13:32]   Tejpreet : Ok will hold for now till 2572.Thanks.
[13:34]   Naveen : Shai can we short bpcl here??
[13:52]   Shai : weak below 840 for 816 but a smaller size and sl of 852
[13:53]   Naveen : thanks shai
[13:56]   Naveen : Shai sorry but one final query..ioc levels please
[14:02]   Shai : ioc has to cross over 412 for the weekly to regain strength then 454 possible
[14:11]   RK : days of corelation of OMC with crude prices are gone now
[14:12]   Kathir : @RK whats is the breakout for TCS?
[14:12]   Kathir : 2620?
[14:13]   RK : Kathir am in since yday
[14:13]   RK : stop below 2550/40 now
[14:14]   Kathir : ok whats this weeks high ?
[14:14]   RK : 2825 on F
[14:14]   RK : 2625
[14:15]   Kathir : ok thnks RK
[14:21]   Kathir : Shai ongc levels for long positional and trgt ?
[14:28]   r m : Aha, Kathir digging oil wells too 🙂
[14:28]   RK : Tisco started running up after chinese mkt close yday and in full throttle today..seems wanted to use their absence in full 🙂
[14:30]   r m : 🙂
[14:30]   Kathir : 🙂
[14:31]   Tejpreet : Bottom fishers look at Amtek auto down 22% at 38
[14:32]   RK : yep..thats akward dump
[14:33]   Shai : ongc coiling and at last week; spoc of 230
[14:34]   Tejpreet : Lot of big names were holding Amtek 🙂
[14:34]   Shai : trigger for longs is 237 with stops below 223 for 255
[14:36]   Kathir : thanks shai
[15:16]   RK : Axis got wings now 🙂
[15:21]   Soumya : my system gave hdfc bank buy @ 1005 with sl 985 and target 1045
[15:21]   Soumya : so i am long