Today’s NF and BNF charts and Notes from the Trading room . ( this content available only for trading room members)
History of room Announcements
Date and Time: October 05, 2015 09:31:20
[09:10] Shai : (09:09) r m:Banknifty OCT Future levels | KRA 17132 | Hypo1 above 17330➜17443➜17535 SL 17230 | Hypo2 below 17130➜17028➜16982 SL 17208
(09:09) r m:http://vtrender.com/levels-and-plan-for-5th-oct/
(09:09) r m:http://vtrender.com/nifty-bn-weekly-view-spot-for-05-oct-09-oct15/
(09:09) r m:http://vtrender.com/orderflow-charts-and-notes-011015/
(09:09) r m:Nifty OCT Future levels | KRA 7920 | Hypo1 above 8004➜8032➜8094 SL 7970 | Hypo2 below 7946➜7920➜7894 SL 7985
[09:25] Shai : (09:24) Shai :Buy BNF 17460 and at 17360 if it comes sl of 17290 on day tgt 15540 and 17690
[09:45] Shai : (09:44) Shai :tgt 1 BNF
[10:36] Shai : (10:36) Shai :Trail BNF morning position to 17520
[10:43] Shai : (10:43) Shai :Book out all BNF- we will take a fresh position later
[10:47] Shai : (10:47) Shai :Sell NF below 8060 sl of 8097 tgt 8035/ 8006
[11:13] Shai : (11:13) Shai :BN Positional Buy 17600 sl of 17340 tgt 17847 and 18180
[12:53] Shai : (12:53) Shai :Nifty Option trade : Buy 8200 ce at cmp 81 sl of 66 tgt 109- hold for 2/3 sessions
[14:46] Shai : (14:45) Shai :Close out NF option trade at 100.5 now – (12:53) Shai :Nifty Option trade : Buy 8200 ce at cmp 81 sl of 66 tgt 109- hold for 2/3 sessions
[15:08] Shai : (15:08) Shai :Counter trend trade : Buy 8000 pe at 100, sl of 84 for open tom tgt 121 and 132
General Chat Transcript
Date and Time: October 05, 2015 09:31:20
[09:02] Gangesh : gm
[09:03] Sharad : GM all
[09:04] Sandeep69 : GM aLL
[09:08] r m : Good Morning folks!
[09:09] r m : http://vtrender.com/levels-and-plan-for-5th-oct/
[09:09] r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-05-oct-09-oct15/
[09:09] r m : http://vtrender.com/orderflow-charts-and-notes-011015/
[09:09] r m : http://vtrender.com/consolidated-orderflow-011015/
[09:09] r m : Nifty OCT Future levels | KRA 7920 | Hypo1 above 8004➜8032➜8094 SL 7970 | Hypo2 below 7946➜7920➜7894 SL 7985
[09:09] r m : Banknifty OCT Future levels | KRA 17132 | Hypo1 above 17330➜17443➜17535 SL 17230 | Hypo2 below 17130➜17028➜16982 SL 17208
[09:10] r m : Nifty Spot Weekly levels | Support 7831/7650 | Resistance 8052-84/8223/8310
[09:10] Shai : GM all
[09:10] r m : Banknifty Spot Weekly levels | Support 16645/16095/15875 | Resistance 17420-490/17750/18010
[09:10] RK : GM Shai,RM and all
[09:10] Tejpreet : GM All.
[09:11] Shankar : GM all
[09:11] r m : Hi RK
[09:18] Shai : strong NF open above thurs hghs
[09:19] Shai : NF clearly in imbalance and bias is up abv 8032 for the open for 8063 and 9094
[09:19] Shai : BNF bias up for 17544 on this open but sl will be 17330
[09:20] Shai : for 17544 and 17697
[09:24] Shai : Buy BNF 17460 and at 17360 if it comes sl of 17290 on day tgt 15540 and 17690
[09:27] Gangesh : day tgt 15540 or 17540?
[09:27] Shai : intra day
[09:32] Shai : corrected tgt -(09:24) Shai :Buy BNF 17460 and at 17360 if it comes sl of 17290 on day tgt 17540 and 17690
[09:39] Uttam : GM All 🙂
[09:39] Shai : BNF needs to partcipate here for this leg of the auction up this week
[09:40] Shai : in NF 8033 is still the bias point- No chance for the sellers today till 8003 breaks decisively on vols
[09:41] Shai : 8094/ 8117 possible intra
[09:42] Shai : BNF may come down once to 17340- 360 for a chance to renter for longs, hence the 2 entry options
[09:42] Shai : **or exit for shorts at 17360
[09:42] Shai : 17510 now
[09:44] Shai : tgt 1 BNF
[09:44] Shai : had to be quick as it was 3 day balance
[09:45] RK : RRR vwap shown its powerful hand 🙂
[09:45] Shai : yes
[09:45] Shai : was a good one RK
[09:46] Shai : RRR day bottom was also around sept vwap though it whipsawed a bit but 30 min closing was not below sept vwap
[09:46] RK : thanks Shai..held it tightly all through the week and slept with it for 3 days 🙂
[09:47] Shai : great
[09:48] r m : @RK, great man, sleeping choice not perfect though 😀
[09:49] Varun : 😉
[09:49] Varun : anything wilder thn bnf
[09:50] RK : RM Man! no literals here pls 🙂
[09:50] r m : lol
[09:50] Anay : GM All
[09:57] r m : (09:57) Shai :a dip back to vwap in BNF could be a positional buy trigger with sl below 17300 for 17850 / 18150
[10:27] Gangesh : suggest good software for ofa & some materials too
[10:30] Shai : Gangesh regarding software the best is from Ninja and Marketdelta
[10:31] Rahul P : windotrader also good
[10:31] Mahipal : market profile for ninja any free indicator avilable?
[10:31] Shai : Material wise – it is a read on the chart it’s simple if you follow the greens and reds
[10:31] Tejpreet : Shai time for some puts now id at weekly resistance …some sellers coming in.
[10:32] Rahul P : @ shai, we have a vpoc coming up from 28 aug profile….eager to watch that level
[10:33] Shai : short is below IBH only
[10:34] Shai : yes Rahul that 1 at 8132
[10:34] Tejpreet : OK…just for 10 point dip to vwap.
[10:34] Shai : sellers coming in NF at the higher prices
[10:35] Himanshu null : shai bnf?
[10:36] Shai : Trail BNF morning position to 17520
[10:39] Gangesh : i have market profile cr…ed. is it ok?, what about data feed?
[10:43] Shai : Book out all BNF- we will take a fresh position later
[10:45] Shai : we have a vol spike abv IBH which has failed to bring new buyers in BNF
[10:47] Shai : Sell NF below 8060 sl of 8097 tgt 8035/ 8006
[10:47] Tejpreet : Here comes the vwap 😉
[11:02] Uttam : Shai the BNF strangle playing out nicely here @ 260 now, prev close was 315 so today’s TSL will be 475 right?
[11:05] Shai : Book 50% an trail sl to cost for now in that strangle
[11:06] Shai : our tgt was 190 but we may get a vertical imbalance move here putting profit at risk
[11:06] Uttam : oh ok Shai, thanks
[11:06] Shai : NF holding vwap on that attempt
[11:08] Shai : a short trade is ON if vwap breaks
[11:08] Shai : but that is a big IF
[11:09] Shai : there are shorts coming here as we are into a weekly supply zone , but for intra they have to break vwap
[11:11] Uttam : thanks Shai exited the strangle taken @ 390 booked out @ 262 as was holding only 1 lot
[11:11] Shai : Nifty spot res at 8085
[11:13] Shai : BN Positional Buy 17600 sl of 17340 tgt 17847 and 18180
[11:13] RK : yep waiting for your machine to say this..thanks 🙂
[11:13] Shai : BN reds gone white means covering
[11:14] Shai : can be a big mover today in last hour
[11:14] RK : 17650 spot is on radar here..above that expecting good move..this is where we got rejected on 18th and 22nd Sep and lost 1000 points
[11:15] Shai : yes
[11:16] Varun : which date were we last at 8100
[11:17] Rahul P : 28 aug
[11:18] Varun : thnks
[11:22] Augustin : @Shai – NF is a short now?
[11:23] Shai : is a short below vwap
[11:24] Uttam : VWAP & DPOC together so NF will be moving around these levels only?
[11:24] Augustin : ok
[11:25] Rahul P : only locals playing, no otf here
[11:25] Uttam : above 17660 BNF can go wild?
[11:28] Shai : BNF open was setup for 17540 and 17697 but I was not happy with the buy volumes on intra scale abv IBH- hence exited
[11:29] Shai : positionally is a break from 3 day balance and into imbalance and hence a buy
[11:29] Shai : day lows as sl for that imbalacne
[11:29] Uttam : yes we had a double inside bar on BNF & BN Spot which has been broken on the upside
[11:34] Jay null : shai, how about 17847 today
[11:38] Shai : possible is vwap is held by 2 pm
[11:38] Shai : that big RBI day buyer at 16720 will be 1000 plus at 17720
[11:41] Augustin : @Shai – Are you talking abt RK? 😉
[11:42] r m : 🙂
[11:43] Shai : could have been 🙂
[11:44] Augustin : 🙂
[11:46] RK : 17900 would be 1000 pointer for me 🙂
[11:48] RK : but more than index, its stocks today rolling 🙂
[11:48] Shai : nice
[11:48] Augustin : Well done RK. Envy your conviction to hold
[11:49] Shai : NF below vwap
[11:49] Shai : NF is a worry for longs here on OrderFlow
[11:49] Shai : we are going short below 8060
[11:50] RK : Yes..for such open, no way it breaks VWAP..If it does, those sellers at top would make some very nice move down
[11:51] Shai : BNF is more stable – shorts seen moving out
[11:52] RK : Yes
[11:53] Varun : bnf i think has one time framing since morning
[11:54] Shai : yes – that BNF dip around 12.40 to 1.40 should setup a nice buy
[11:55] Rahul P : anyone expecting that 8115 on nf ?
[11:55] Varun : shai we mite do dd if before 12.30
[11:56] Shai : 17840?
[11:56] Shai : is a P here so should go quiet
[12:11] Shai : NF short not triggered still
[12:11] Shai : back at IBH
[12:43] Rahul P : boring nf
[12:44] Rahul P : no otfs , only locals playing TT
[12:45] r m : yes, have to wait till a serve goes ten tables across 😀
[12:45] Rahul P : lol
[12:49] Sandeep : bnf positional triggered
[12:50] Shai : yes
[12:50] Uttam : NF still a short below 8060?
[12:52] Shai : yes – keep that open
[12:52] Uttam : thanks Shai
[12:53] Shai : Nifty Option trade : Buy 8200 ce at cmp 81 sl of 66 tgt 109- hold for 2/3 sessions
[12:54] Shai : intra day tgt is 92 and 98 on the 8200 ce
[12:55] Rahul P : that stubborn seller at top
[13:05] Kiran : 4850 seller of NF last candle , trapped ?
[13:16] Tejpreet : Shai what next in NF beyond 8094.
[13:19] r m : Perhaps 8135 POC from 28th AUG http://screencast.com/t/1r2FfhmbPuJ
[13:21] Tejpreet : Thanks RM .
[13:21] r m : welcome
[13:22] r m : 8085 spot is resistance as per weekly view
[13:30] Sandeep69 : shai on daily TF Nf has lot of reds but NF still going up, how do you interoret this
[13:30] Sandeep69 : interpret
[13:32] r m : spot at resistance
[13:35] Shai : Tejpreet 8117/ 8134
[13:35] Tejpreet : Thanks Shai
[13:39] Gangesh : just love the vtrender & call
[13:46] Shai : but shorts still holding the higher prices
[13:46] Shai : reminds me on what happened on RBI day
[13:46] Shai : so caution
[13:46] Gangesh : plz guide how to get esignal feed? is gdfl data feed ok for market delta?
[13:48] Shai : www.esignal.com
[13:49] Mahipal : market profile for ninja trader link please
[13:49] Mahipal : indicator library
[13:50] r m : @Mahipal, TPO indicators for NT are only available on payment
[13:51] Mahipal : Rs??
[13:52] r m : for free NT indicators – http://ninjatrader.com/support/forum/local_links.php
[13:52] r m : @Mahipal, can check the prices here – http://fin-alg.com/
[13:54] Gangesh : i have market balance c…ed
[13:54] Gangesh : it it ok
[13:54] Gangesh : is it ok
[13:57] r m : that is footprint plus
[13:58] r m : volume profile
[14:00] Gangesh : yes
[14:02] r m : should be OK if you dont need TPO charts
[14:04] r m : another source for paid profile indicators is http://www.ranchodinero.com/
[14:05] Gangesh : i also have all acme pack of above link
[14:06] r m : then you got all you need 🙂
[14:08] Varun : rm do all tht u guys talked provide with some new info or same stuff we see here ?
[14:10] r m : same
[14:10] Varun : cool
[14:11] r m : it just provides a different way to pull the ears 🙂
[14:11] r m : Shai has got the best 🙂
[14:11] Varun : 😉
[14:11] Tejpreet : True 🙂 This is the best we can get !
[14:18] Shai : dpoc crucial int the last hour
[14:18] Shai : BNF is a P but orderflow supports higher points
[14:18] Shai : NF is dpoc stays down will revisist 8035- 8050 again tom
[14:19] Shai : for an orderflow check
[14:19] Varun : on the contrary
[14:20] Varun : shai we mite spike
[14:20] Varun : and bal tmrw
[14:20] Varun : upper part
[14:20] Varun : and bring poc up
[14:20] RK : Hardly no dip in index and stocks to add further or to cover shorts which is a concern now for bulls
[14:20] Varun : 8060/90 hve huge sellers
[14:20] Varun : if we stay abv 8110
[14:20] Varun : thy mite run fr cover
[14:20] Varun : and thy run 😉
[14:21] RK : as Shai says often, looks like late part seems emotional investors piling in on stocks
[14:22] Sandeep : 8200 ce intra targets 92 and 98 done
[14:24] Shai : Yes Varun profile points to close at highs
[14:24] Shai : BNF can run hard from here
[14:24] RK : closing towards 17650 spot at 2.30..let the shorts cover and push it up
[14:24] r m : @Sandeep, these days mostly weekly targets are also done on monday with the balance week used by writers for desiccating options 🙂
[14:26] Sandeep : 🙂
[14:27] Sandeep : fireworks
[14:28] Shai : 8200 ce we will not carry if on this ordeflow we are closing at day highs
[14:37] Rahul P : shai, any scope for 45 degree line rule today ?
[14:39] Shai : Not today as it’s a drive
[14:39] Shai : (09:18) Shai :strong NF open above thurs hghs
[14:42] Tejpreet : Shai if we close at highs with this orderflow can some puts be brought for tmrw in last 5 min or wait till morning opening tmrw.
[14:43] Shai : can buy puts
[14:43] Tejpreet : Thanks Shai
[14:44] RK : Reds everywhere 5,30,daily
[14:44] Shai : yes
[14:44] Shankar : BNF OF looks better Shai to carry longs?
[14:44] Shankar : ok thanks Shai
[14:45] Shai : BNF better orderflow
[14:45] Shai : missed the B in that last 1 🙂
[14:45] Shankar : ok 🙂
[14:45] r m : 🙂
[14:45] Shai : Close out NF option trade at 100.5 now – (12:53) Shai :Nifty Option trade : Buy 8200 ce at cmp 81 sl of 66 tgt 109- hold for 2/3 sessions
[14:50] Shai : dpoc remining down
[14:50] Shai : in NF
[15:02] RK : Shai seems volume part not a major advantage to bulls?
[15:03] Shai : NF preferred move from here is to 8060 revisist and then up for 8200/ 8240
[15:04] Shai : vol 100 L now – a good day would be 120 L
[15:05] RK : Yes..but I doubt we get another 20 in 30 mins..maybe another 10..
[15:05] Sandeep : are we goign tomorrow with any puts? 🙂
[15:05] RK : but vol is good in BNF today
[15:07] r m : MO is at 56
[15:07] RK : Here he comes 🙂
[15:07] r m : lol
[15:07] Shai : yes
[15:08] Varun : mo walon janta maaf nahin karegi 😉
[15:08] RK : then give us high close RM to clean the slate 🙂
[15:08] r m : looks like a firm uptrend to me, MO quoted just to quench curiosity 🙂
[15:08] Shai : Counter trend trade : Buy 8000 pe at 100, sl of 84 for open tom tgt 121 and 132
[15:08] RK : RM its wise to clean the slate when you get a feel that trend is firm 🙂
[15:09] Varun : tmrw 9/10 we will balnce between todays high and 8090
[15:09] Varun : every time nifty does this
[15:09] Varun : trend bal, balnce and then trend
[15:09] Shai : yeah get to 8060 also whilst you are at it please
[15:11] r m : 🙂
[15:16] r m : @Varun, yes but when Nifty balances individual stocks in Dr RK’s clinic are doing rock-n-roll generally 🙂
[15:17] Varun : 😉
[15:17] Shai : 🙂
[15:17] RK : Yes index do trend and then do balance next day but stocks play their game up or else goes sideways but wont hit stop..but all this should come to end this Oct thanks to SEBI 🙂
[15:18] Shai : power discom restructuring for cabinet tom- all your rec and pfc types up
[15:18] r m : Time to give blanket treatement to SEBI chief 😀
[15:18] RK : lol
[15:19] Tejpreet : Yes RK got the reminder …wanted to buy some november puts punched in 100 it says in multiple of 75 dear !
[15:19] RK : seems you are expert RM in such hostlers treatment 🙂
[15:19] r m : lol
[15:19] Shai : :)- thank God they at least have the reminder in place
[15:19] RK : Yes 🙂
[15:20] Tejpreet : True Shai …otherwise would be stuck till last day of november expiry with them.
[15:20] r m : @Shai, those reminders are only for folks trading 25-50 qty, not for guys trading 2500-5000 😀
[15:20] RK : RM lol
[15:20] Tejpreet : ;0
[15:20] Shai : haha RM- yes
[15:21] Shai : and then you addd that to the stock F thingies and you see conspiracy everywehere 🙂
[15:21] r m : lol
[15:23] Shai : 8084 vwap of today and 8070 dpoc all imp numbers for the rest of the week
[15:28] Varun : and we close at highs 🙂
[15:29] Shai : nice
[15:30] RK : 50% closed..lets see tmw 🙂
[15:30] Shai : Bye all
[15:30] Shai : have a nice evening
[15:30] RK : thanks and bye all
[15:30] Tejpreet : Bye all.
[15:30] Shai : catch up tom
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Ashish : Thanks and bye all
[15:30] Anay : bye all
[15:30] Uttam : see you all have a good evening 🙂
[15:30] Sandeep69 : bye
Custom Chat Transcript
Date and Time: October 05, 2015 09:31:20
[09:24] Tejpreet : Shai lvl for SBIN strictly intraday trade.
[09:27] Shai : sbin 238.6 to watch – good abv it for 241/ 246
[09:27] Shai : below 236 can drop to 233 sl of 238
[09:29] Tejpreet : Thanks Shai.
[09:38] Uttam : Tata Motors super start…315 done Shai, what could be the next target? 330?
[09:39] Uttam : Ultracem also doing well
[09:44] Uttam : Asian PAints above 850 now, looking good for positional Shai?
[09:47] Shai : sbin came to the BN party
[09:48] Tejpreet : Yes finally !
[09:48] Shai : tata is a big positional candiate here – all investors are piling in
[09:48] Shai : candidate
[09:48] Shai : yes can see 341
[09:48] Uttam : thanks shai
[09:50] Shai : 842 sl in asian on day for 857
[09:51] RK : Shai HCL had 10 times higher volume than avg..your view?
[09:51] RK : on Friday that vol
[09:52] Shai : fundmaentally stock is headed down till that earnings comes out then we see
[09:52] Shai : that kind of language will spook institutions already in the stock
[09:53] RK : ok..it was in that huge sideways band and first time moved down from the band
[09:53] RK : Yes
[09:53] RK : I think 910-920 levels will be a huge resistance over the months to come
[09:53] r m : @Shai, levels for Eichermot please? 🙂
[09:55] Shai : see 816 and 904 as 2 bands in the stock over this week
[09:55] RK : fine.thanks Shai
[09:57] Shai : a dip back to vwap in BNF could be a positional buy trigger with sl below 17300 for 17850 / 18150
[09:58] RK : Axis good pick here
[10:00] Shai : axis better buy abv 509 for 520/ 526
[10:00] Shai : or closer to 500
[10:06] Shai : Eicher continues to be good abv 18520
[10:06] Shai : may run into slight intra res at 18777
[10:06] Shai : is again good for carry if closes abv 18777 today
[10:07] r m : Thanks Shai!
[10:24] Uttam : Shai TSL for Lupin will be at 2065?
[10:30] Shai : lupin 2140 res- would suggest shorttermers to book
[10:31] Uttam : already booked part @ 2115 on Thurday holding rest for medium to long term
[10:32] Shai : 2044 is your TSL
[10:36] Uttam : thanks Shai
[11:49] Ashish : Shai, Support levels in maruti please?
[12:09] Shai : maruti 4378 and 4265 res of this week- not good if closes below 4425
[12:14] RK : Shai do we have any major supply in Hero here? Looking for reentering buy above day high here
[12:18] Ashish : Thanks a lot for maruti Shai
[12:20] RK : Ashish can you paste Maruti comment here..cant open RM’s sheet and my connection was lost few times..
[12:25] r m : (12:09) Shai :maruti 4378 and 4265 res of this week- not good if closes below 4425
[12:25] RK : thanks RM
[12:25] r m : welcome, my net is also off and on 🙁
[12:26] r m : can’t do anything except cursing R S Prasad and Anil Ambani alternately 😀
[12:26] RK : Yep my net,electricity everything down..Foreign hand to suppress bulls 🙂
[12:26] Ashish : Thanks RM for pasting that. I was away from desk 🙂
[12:27] r m : @RK lol
[12:27] Ashish : Shai, Mothersumi can target 210-215 here?
[12:29] Uttam : Shai Castrol had a OL start this month, can we go long here or wait for close above 454-456? What will be the targets?
[12:30] Shai : hero yes 2487 is supply and some sellers seen at day high today
[12:30] RK : thanks Shai..will wait and watch here then
[12:31] Shai : motherson intra day tgt 218.9 as long as below 224 today
[12:32] Shai : positionally alos sell off from last tues good till we close below 223 today
[12:32] Ashish : Thanks Shai
[12:33] Shai : castrol 455- 456 still a res and will be more comfy if we look to close one session abv tat point- then 468 and 473 possible
[12:33] Shai : else buy on dips to 442
[12:33] Uttam : ok thanks Shai
[13:58] Misaal : Shai. View on Infy ?
[14:00] Shai : infy intra range 1162- 1185 – abv 1176 may hit day high again
[14:04] Misaal : sold some 1200 Infy Calls. Hoping Bollinger bands stya true
[14:04] Uttam : Shai some good volumes coming in Asian Paint & breaking above DH, can hold for more or book out @ 857?
[14:07] r m : @Misaal, infy results next week
[14:09] r m : Infy 12th, TCS 13th, HCLTECH 15th
[14:10] Uttam : whoa IT gonna rock either which way 😉
[14:10] r m : 😀
[14:11] Shai : asian buy vols are there but supply will be strong 861- 865
[14:11] Shai : 857 ntra day obj
[14:11] Shai : can lock gains at close and wait to see if 866 is crossed on vols
[14:11] Uttam : oh ok thanks Shai 🙂
[14:40] RK : Hero gone and ride missed here 🙂
[14:41] r m : 🙂
[14:48] Uttam : can anyone confirm Asian Paint future low after 2:15 today? I had placed a TSL @ 251.5 & though price did not go below 252.8 after that my order has got executed
[14:52] RK : Uttam trade would be right.may be NEST wont show that low but trade would have triggered..happens with NSE 🙂
[14:54] Uttam : 🙁
[14:55] Uttam : should not have revised the TSL at all
[14:55] Uttam : anyways thanks RK
[14:56] r m : @Uttam, tick charts showing 852.80 low at 14:32:05
[14:57] Uttam : yes RM my gdfl also showing the same low
[14:57] Tejpreet : I am A firm beleiver that algos can track SL ….their is a range within which most of SL lie and algos can track that.
[14:57] RK : Uttam part booking for trend day and trailing for balance days
[14:57] Uttam : yes RK lesson to be learnt
[14:58] Uttam : funny part is my trade has got executed @ 451 but there is nothing on the chart which shows that price
[14:59] Shai : @Uttam trades happen in milli secs and current data feeds are not capable of shoing them at correct time as limitation s of 1 sec
[15:01] Uttam : ohhh
[15:26] Shai : icici jumping ito the close