OrderFlow charts and Notes 05/11/15

[08:53]   Anay : GM All
[08:53]   r m : Good Mornign folks!
[08:53]   r m : http://vtrender.com/levels-and-plan-for-05th-nov/
[08:53]   r m : http://vtrender.com/orderflow-charts-and-notes-041115/
[08:53]   r m : http://vtrender.com/consolidated-orderflow-041115/
[08:54]   r m : Nifty NOV Future levelsKRA 8132Hypo1 above 8092➜8122➜8180 SL 8060Hypo2 below 8033➜7998➜7956 SL 8074
[08:54]   r m : Banknifty NOV Future levelsKRA 17050Hypo1 above 17366➜17463➜17716 SL 17266Hypo2 below 17180➜17080➜17050 SL 17285
[08:59]   Mahendra : Good Morning
[09:00]   Shai : GM all
[09:03]   Kathir : GM Shai RM and all friends
[09:04]   r m : Hi Kathir
[09:05]   Ashish : Gm all
[09:06]   Gaurav A : good morning
[09:06]   Gaurav A : good morning
[09:07]   Tejpreet : GM All
[09:10]   Venkatesan : gm all
[09:10]   Venkatesan : gm shai and rm
[09:11]   r m : Hi Venkatesan
[09:12]   Sharad : GM all
[09:16]   Ravi : shai …can we keep sl 17190 on banknifty
[09:17]   Mahendra : Why this is not working?
[09:18]   Hari : @shai, SL on BNF pls
[09:18]   Ravi : sl trgrd on positional bn
[09:18]   Anay : Monday PL repaired amost
[09:19]   Anay : *almost
[09:19]   Ravi : didnt get any reply …shai …rm??
[09:19]   RK : GM Shai,RM and all
[09:19]   RK : BNF second day with O=H
[09:20]   r m : Hi RK
[09:20]   r m : @Ravi, it is a postional, give some time to Shai for observing the market
[09:21]   Kathir : @SHAI exit positional bnf?
[09:21]   Ravi : ys rm my question was need to put sl in terminal …i put the sl …and trgrd
[09:21]   r m : ok
[09:24]   Shai : use 17170 as sl on BNF longs
[09:24]   Shai : @ Ravi always use hypo levels at open if in doubt
[09:24]   Shai : allow a small filter
[09:25]   Ravi : ok shai…its my first positinal ….
[09:25]   Shai : Open away from range
[09:26]   RK : anyone having issues with NEST..mine is not yet start updating prices..broker blames server from NSE..
[09:26]   RK : seems 6-7 brokers terminals affected
[09:27]   Kathir : ZT is fine RK
[09:27]   RK : Yes my ZT is also fine..problem with NEST
[09:27]   RK : from another broker
[09:28]   Kathir : ok
[09:31]   Tejpreet : RKSV nest trader ok.
[09:31]   Shai : BNF stopped
[09:31]   Janak : nf hypo2 active shai?
[09:34]   Shai : yes
[09:34]   Shai : Sell NF 8034 sl of 8058 tgt 8015/ 8004
[09:35]   Hari : NF stopped yday, bnf stopped today, 8000 pe stopped day before, bad week for me in markets I think! LOL!
[09:35]   Janak : shai bnf can do 16950?
[09:35]   Janak : intra
[09:36]   Kathir : yes hari 🙂 we have to stop the stops 🙂
[09:36]   Venkatesan : :))))))@kathir
[09:37]   Kathir : we may get a clear path only after bihar issue and diwali
[09:37]   Hari : big loss, actually for me capital erosion
[09:39]   Kathir : @hari positional trades SL will be big and profit also..so tade size should be according to that
[09:40]   r m : yes, risk should be set in 1-2% range of total capital employed ideally
[09:40]   Hari : @kathir, agree kathir, but 200 pt loss is by no means a small one for anyone, it just takes away al your profit
[09:40]   Ravi : ys hari i agree with u …
[09:41]   Hari : anyway I am not blaming anyone
[09:41]   Ravi : i think we like small persons to avoid positional
[09:41]   Hari : if you have heard of fear and greed cycle, these sort of trades pushes you to fear zone
[09:42]   Rahul P : is the poor low from 2 nov repaired ??
[09:43]   Kathir : @yes ravi.but this all due to poor volumes for the past 45 days or so ..otherwise positional trades are wonderfull
[09:43]   Kathir : esp bnf just gives 300 to 500 points easy
[09:44]   RK : my broker dont want me to close my positions..dont know if he is doing favor here or adding fuel to the fire 🙂
[09:44]   Kathir : @RM we can join with Janak for profit trades
[09:45]   Hari : @kathir I do not agree with you, if volumes are poor, we should not take positional trades, BNF swing trades since oct has be OAOR and hardly there were 500 poits breakout
[09:45]   Ravi : @kathir….esp means
[09:45]   Hari : my 2 cents
[09:45]   Kathir : @RK may be your broker knows something in advannce 🙂
[09:45]   Kathir : especially
[09:45]   Hari : sorry ORIR
[09:45]   Hari : OAIR
[09:47]   Kathir : @yes hari positionals totally different from day trades …we are focusing on levels
[09:49]   Rahul P : @ rm / shai, what was the poor low from 2 nov ? Is that repaired ?
[09:49]   r m : @Hari, there will always be losses in trading, one has to be emotionaly prepared to handle them and trade size should be according to one’s risk taking capabilities
[09:50]   r m : @Rahul, almost http://screencast.com/t/5ltUgmcdobUi
[09:51]   Rahul P : thanks
[09:51]   Mahendra : rm can you suggest any refrance for the controlling emotions in trading?
[09:51]   r m : @Mahendra, books don’t help in it, best way is to begin with trade size where stop hit will worry you but not freeze you into inaction
[09:52]   Anay : @Mahendra go thru this post
[09:52]   Anay : https://www.edgewonk.com/4-tips-to-minimize-the-impacts-of-emotions-in-your-trading-instantly/
[09:52]   Venkatesan : ;;;; yes @ rm ji
[09:52]   r m : Thanks Anay
[09:53]   Hari : @ r m I do not think you understood what I was trying to say, we are going into a different track. Better to talk offline
[09:53]   Mahendra : Thanks rm and anay
[09:53]   Shai : @ Hari for BNF a sl of 160- 200 poistional is required and is the bare minimum. Our trade was up 160 points the very next day. If it helps we will give faster closing orders
[09:53]   Hari : I never talked abt emotions
[09:53]   r m : OK Hari
[09:54]   Hari : I will stop giving my views here
[09:54]   r m : lol, nobody is asking you to stop giving views, but take my views also 🙂
[09:54]   r m : tolerance 😀
[09:54]   Ravi : shai …i am also with hari ….its the problem of low capital …
[09:55]   Ravi : not the problem of vtrender
[09:55]   Kathir : 🙂
[09:55]   Ravi : we expection some good profit s…..aftr that loss comes no problem ….\
[09:55]   Ravi : but happeining is comes loss first ….
[09:56]   Venkatesan : in my view trading in BNF is liking boarding a running flight but NF is running train
[09:56]   r m : lol
[09:56]   Kathir : lol
[09:57]   r m : @Venkatesan, and a stop is like getting a broken leg on jumping with a parachute 🙂
[09:57]   Hari : @shai, my views are misunderstood probably becos words don’t convey the real picture, also I feel people tend to jump and give gyan. I am not balming anyone here
[09:57]   Venkatesan : :))))@rm
[09:57]   Hari : or nothing personal
[09:57]   r m : Sorry Hai, no Gyaan from me henceforth 🙂
[09:57]   r m : *Hari
[09:57]   Anay : 🙂
[09:57]   Augustin : Relax ppl.. 🙂
[09:58]   Ravi : no issue on that shai ….keep it up …u r doing a very good work….
[09:58]   Ravi : shai i knows u before starting vtrender ….no issue on that …the problem me facing is low capital
[09:58]   Venkatesan : hari my point is first lets learn one instrument and become smart in one then we can learn other
[09:58]   Tejpreet : I would like to add that everyonr cannot do positional trades (emotionally) . I cannot so other option is take small profit and smaller losses , multiple times . Positional overnight trades created havoc for me ….watch dow jones at night and then sgx nifty early morning , and then markets open up exactly opposite of what you have been dreaming 🙂
[09:58]   r m : lol
[09:59]   Sharad : Shai …this kind of stop losses comes in trading….so be practical and give your best… i know you are doing wonderful job…. even i am in this room for long years
[09:59]   r m : @Sharad, how is your USDINR doing? long time since you spoke about that 🙂
[10:00]   Sharad : RM ..it is sideways and not trending…. i see one dash to 68-69 from here around 65 so bot it at 65.20
[10:01]   Kathir : @sharad this month?
[10:01]   r m : ok, thanks Sharad
[10:01]   Sharad : but not doing day trade in it as it is very slow
[10:01]   Sharad : December i see 68 around
[10:01]   r m : ok
[10:01]   Sharad : or Jan max
[10:01]   Sharad : day trading in BNF only
[10:02]   Mayur : gm all
[10:08]   Mayur : @shai, i have joined vtrender since 15 days only. I KNOW you are doing a wonderful wonderful job. your exit on ACC was brilliant and so was the BNF postional. I normally keep a 360pt stop on BNF which is just 2%.
[10:09]   Anay : Yes Bank took off without me 🙁
[10:10]   Mayur : IMHO, everyone should have their own trading strategy.
[10:11]   Vijay : hi GM. Testing water before becoming a fulltimer
[10:11]   Varun : shai whts 7998 ref point
[10:11]   r m : Muhurat trading time on 11th NOV – 1730 Pre-open, 17:45-18:45 market time
[10:12]   Shai : 7998 is 2IB
[10:12]   Varun : cool, thanks
[10:14]   Mayur : shai, where do we expect buyers to come in on BNF LT/ST ?
[10:14]   Shai : I do feel the pain of your losses guys, trust me never want anyone to lose money as I know what it feels like. Stay in – things will get better- we are doing our best
[10:15]   Tejpreet : Cheers !
[10:15]   RK : Cheers! 🙂
[10:15]   Mayur : seeing some greens here short covering or fresh buyers ?
[10:15]   Mayur : Cheers 🙂
[10:15]   Ravi : yes shai …..i am with u ….
[10:16]   Tejpreet : We might get a good buying shot today in panic , tmrw could be a gap up post exit polls.
[10:16]   Shai : Book 50% NF and move sl to 8035 on rest
[10:18]   Varun : man at 8115 , had poor low of 8022 in ref
[10:18]   Varun : done 😉
[10:20]   r m : great Varun 🙂
[10:20]   r m : that 16th OCT bubble has settled now!
[10:21]   r m : oops
[10:21]   Varun : all pollsters showing bjp the dorr, india underperforming, we mite get a bump after polls
[10:21]   r m : 1st OCT
[10:22]   r m : ok
[10:22]   Varun : not my word
[10:22]   Varun : a bit worried abt it
[10:22]   Varun : although a s state election
[10:24]   Shai : anyone knows the Nifty levels when delhi was declared for aap?
[10:24]   Varun : feb i think
[10:24]   Shai : I think was around here 8200 only
[10:25]   Vaibhav : http://www.financialexpress.com/article/markets/indian-markets/delhi-elections-2015-as-aam-aadmi-party-leads-bse-sensex-plunges-161-pts-over-bjp-defeat/41079/
[10:25]   RK : around 8300 spot
[10:25]   Shai : thanks Vaibhav
[10:25]   R Goel : The results were announced on 10 February 2015
[10:25]   R Goel : result of del election
[10:26]   Mahipal : mysuggesstion pl prepare performance sheet with lot size & money management , any one can increase size of trade as per their apetitie, weekly performance sheet will show the power of v trender calls, brokerages cost & slippage of 2-5 points for buying & selling must be shown in performance sheet so actual net gain/loss will be known & log book will be created on month to month with chat rrom updation on blog
[10:27]   Rahul P : closing on 10 feb was 8628 spot, we had a green candle
[10:27]   Mahipal : think positive & try to improve performance this is my psesonal view
[10:30]   r m : Yes Rahul 8470 was the low that day and high on 4th MAR was 9119 from that swing
[10:32]   Mahipal : Mr. shahi please preare your Trading Rule with money management, with Lot size of trades , NF Seperate & BNF seperate . all rules must be rigid with execution & standard method so any one can understand & easy to implement system trades
[10:33]   Shai : sure Noted Mahipal
[10:33]   Shai : charts updating?
[10:33]   Uttam : ywp
[10:33]   r m : yes
[10:33]   Kathir : yes
[10:33]   Rahul P : @ Mahipal, there cannot be one rule fits all
[10:33]   Sharad : Shai in 30 minutes red colour of numbers can not be seen in pink candle …please change colour of cakdle
[10:34]   Shai : is BNF better?
[10:35]   RK : ok I have to seach now
[10:36]   RK : “how to sue your broker?” 🙂
[10:36]   r m : lol
[10:37]   RK : only TCS slipped away from SL and rest managed before he boots his server 🙂
[10:37]   Mahipal : Every sysem has Rules otherwise we are trading on hypothetical sysem which will not give any outcome except paying taxes, brokerages, time .system will show the net outcome one must create their own trade lot size so impact will multiply accordingly
[10:38]   Uttam : what is that pink bar on the 30 min chart Shai / RM? developing VA is it?
[10:39]   r m : @Uttam, Pink candle you mean? that is high and low for that bar
[10:40]   r m : oops, Open and close in candle and high and low as wick
[10:40]   Sharad : in BNF only can’t see
[10:40]   Uttam : oh ok thanks RM
[10:41]   r m : @Shai, perhaps just an outline with hollow candle will be better
[10:41]   Sharad : yes RM ..this pink colour is spoiling
[10:41]   Tejpreet : china up 5% after 4% yesterday
[10:42]   Shai : Sorry to hear RK. Which broker is this?
[10:43]   RK : Nope Shai..He backed up around 10..this is first time in last 1 year..so excused him 🙂
[10:43]   RK : Aliceblue is the broker
[10:46]   Kathir : bad luck RK
[10:46]   Tejpreet : Anybody in this room from TRICHY .
[10:47]   RK : am closeby Tej..what happened?
[10:47]   Venkatesan : hihihih yes
[10:47]   Kathir : yes lord venky is here
[10:47]   Venkatesan : ;))))@ kathir
[10:47]   Sharad : Thanks Shai ..now perfect
[10:47]   Venkatesan : yes tej any help\
[10:48]   Tejpreet : Grest , actually am looking at custom build desktop of the size4.53″ x 4.37″ x 1.92″ from a company KOCHAR computers.
[10:48]   Venkatesan : so suppplie is here?
[10:48]   Tejpreet : yes wanted to check about that
[10:49]   Venkatesan : his office addres ?
[10:49]   Venkatesan : let me check in the evening
[10:50]   Tejpreet : Address: No CSI Complex, Vayaloor Rd, Puthur, Thillai Nagar, Tiruchirappalli, Tamil Nadu 620017Phone:0431 277 1837
[10:50]   Tejpreet : Thanks a ton !
[10:50]   Venkatesan : and ur nu pl
[10:51]   Tejpreet : 9881074433.
[10:51]   Venkatesan : ok call u in the evening
[10:51]   Tejpreet : Sure.
[10:51]   Ravi : whats the issue 0n alice blue trade @ shai , rm
[10:51]   Ravi : one call me to joing them
[10:51]   Kathir : @venk it is near to you it it.near bishop heber colloge I think
[10:52]   Kathir : @Ravi thats for RK
[10:52]   Venkatesan : yes kathir exactly
[10:53]   Ravi : ok kathir
[10:53]   Venkatesan : not near bishop but near TASMAC
[10:54]   Kathir : lol..info : TASMAC in tamilnadu means wine shop and bar 🙂
[10:54]   Venkatesan : yes
[10:54]   Venkatesan : tej will foot the bill
[10:55]   Kathir : first let him buy the computer 🙂
[10:55]   Venkatesan : :))))
[10:55]   r m : @Ravi, some technical issues cropped up today and their NEST trader did not function
[10:55]   Ravi : ok ….zerodhahave no problem ….its nest
[10:55]   Ravi : thanks rm
[10:56]   r m : @Kathir, man you know all TN from northwest to southeast!!
[10:56]   Kathir : @RK RM this market past few days was quiet till 2.30 and then fall..but today those sellers were active morning itself..
[10:56]   Venkatesan : rm ji you can start a brokerage buz
[10:56]   RK : RM we tamilians travel around a lot
[10:57]   RK : for all festivals and functions..
[10:57]   Kathir : @RK RM travelled all over India ..he is our guru
[10:58]   RK : 🙂
[10:58]   r m : @Kathir, (fake)guru 😀
[10:59]   Kathir : @RK once RM quit Airi India , it started making loss 🙂
[10:59]   RK : Shai today’s opening hour vol is one of the best in recent times..Isn’t it?
[10:59]   r m : lol
[10:59]   RK : Kathir lol
[11:00]   r m : @Venkatesan, you may have realized by now that I’ll be an absolute failure in marketing 😀
[11:02]   Kathir : @RM an updates from kris today or yest?
[11:03]   Tejpreet : Hey guys got logged out …some one was asking me to foot some bill !
[11:04]   Tejpreet : OK for TASMAC can foot bill any time 😉
[11:04]   Kathir : @tej it was venk from trichy needs to setle some bar bill as service charge from you 🙂
[11:05]   r m : I think he went for a CE at IBL Kathir
[11:05]   r m : @Tejpreet, perfect timing for logging out 🙂
[11:06]   Shai : still in that NF short with sl at 8035
[11:06]   Shai : though buyers at lows
[11:06]   Vijay : 50% yes
[11:06]   Kathir : @RM ok thanks
[11:06]   Kathir : @shai do you see some more downside today?
[11:07]   Tejpreet : hahaha RM
[11:07]   Shai : yes Kathir- vwap was not taken out yesterday
[11:07]   Shai : same story so far
[11:07]   Kathir : ok
[11:07]   Shai : can review once we are abv 8035
[11:08]   Kathir : ok sure shai thanks
[11:08]   Shai : if buyers are seen their immediate test of strength is to see the mkt over vwap
[11:08]   Shai : else they liquidate
[11:08]   Shai : like we saw yesterday
[11:12]   R Goel : thanks shai
[11:22]   Ashish : Spike @ VWAP
[11:22]   r m : bulls horns at work
[11:22]   RK : above 8058/60 spike rule to 8095 roughly
[11:22]   Ashish : 25 point spike
[11:23]   Mayur : all spikes should be sold now.
[11:24]   Shai : rush of buy vols
[11:25]   Tejpreet : BN needs a dose of viagra to hold the spike now ;0
[11:25]   Mayur : shai once we trade below PS1 when do u negate it ?
[11:27]   Shai : pp0
[11:28]   Mayur : so we can short again with PP0 as stop ?
[11:30]   Shai : that works on orderflow not a stand alone system
[11:30]   Mayur : okie.
[11:30]   Mayur : thx.
[11:32]   Shai : Buy NF 8043 sl of 8022 tgt 8067/ 8093
[11:48]   Ashish : Big buyer @ VWAP
[11:48]   Ashish : Ohh, not so big 🙁
[11:49]   Tejpreet : Unless BN also runs NF will tire out soon.
[11:50]   Shai : NF is come back into IB and abv vwap
[11:51]   Shai : we are playing for a possibility of neutral extreme and have a stop at 8022 where the buyer started
[11:51]   Shai : yeah BNF has to perform
[11:52]   Shai : BNF not good till abv 17180
[11:52]   RK : chance for FA Shai at lows?
[11:53]   Ashish : I think greens are adding confidence to players that NF wants to go high, that’s why staying above VWAP till now.
[11:54]   Shai : in nf?
[11:55]   Shai : No RK
[11:55]   RK : Yes
[11:55]   RK : fine
[11:55]   Shai : IF NF moves to 8080 kind today promises a very interstting weekly close tom
[11:56]   Shai : we should come prepared for either 8200 or 7950 kid with risk reward almost equal at 8080
[11:56]   Shai : kind*
[11:58]   Tejpreet : Surprisingly VIX has ooled down today was expecting 20 plus on it today.
[12:39]   Shai : Sell BNF 17120 – 17115 sl of 17185 tgt 17050/
[12:50]   Mahendra : is that start of short covering?
[12:54]   Hari : I am not able to view the charts moving , it is stagnant, does any face the same issue
[12:55]   Mahendra : yes sometimes i also see profile chart as stagnant even orderflow running
[12:56]   RK : Hari maybe the lag from internet
[12:56]   RK : charts are fine here
[13:04]   Shai : exit the NF long trade 8030
[13:15]   Janak : careful shorties – diwali guys are just around the corner
[13:15]   Janak : sharp bounce up possible this afternoon
[13:16]   Janak : also exit polls today
[13:21]   RK : except one lot rest all green above VWAP is neutralised
[13:22]   RK : NF
[13:23]   Varun : does it mean someone selling to buyer aggressive
[13:23]   Varun : ?
[13:23]   Varun : rk
[13:23]   RK : or buyers liquidating Varun
[13:24]   RK : who entered today
[13:24]   Varun : thanks
[13:24]   Janak : whatever happens this afternoon will be news-based – violent move exxpected
[13:24]   Janak : mostly up
[13:25]   RK : when green at some price is getting neutralised means we get equal qty opp.side which could be same people squaring as expected move is not coming is m understanding
[13:25]   Varun : shai cpoc today tmrw
[13:25]   Varun : poc/vpoc
[13:25]   RK : *my
[13:25]   Varun : 8106 or 8038
[13:25]   Varun : has poc shifted lower
[13:27]   Shai : poc still 8106
[13:28]   Varun : thnks
[13:28]   RK : 8105 was playing crucial for last 2 days..
[13:32]   RK : Shai possible to increase font in daily BNF?
[13:44]   Shai : done
[13:45]   Mahendra : Balalncing before trend change
[13:45]   RK : thanks
[13:46]   Shai : Part Book BNF 17085 – move sl to 17125 on rest
[13:48]   Tejpreet : Shai 7800 put and 8200 call can be sold around 130 premium.
[13:49]   Shai : 8200 call sell now
[13:49]   Shai : 7800 put do near close
[13:49]   Shai : or if we cross 8045 again
[13:49]   Tejpreet : Got it .Thanks.
[13:56]   RK : only that 1.88 is the bigger green remaining from morning singles
[13:57]   Shai : all that buy power could not atke it abv 2 day lows
[13:57]   Shai : in NF
[13:57]   RK : and BNF negotiating with larger green of the day
[13:58]   RK : yes that low was important and watching that
[13:58]   Shai : BNF 17050 roughly a supp
[13:58]   Shai : but day is a drive down and close at lows is a possibility
[13:58]   Varun : looking very bad for bulls
[13:58]   Varun : could be hammered big
[13:59]   Shai : even a b long liquidating type NF of us kind
[13:59]   Varun : cldnt hold off to morning singles is bad job
[13:59]   RK : 8200 possibilty missed by 50..now looking for 7830/50 until 8100 cleared
[13:59]   Mayur : nifty spot 7945 is a good support here. if broken i expect a new low for the year to be formed.
[14:00]   RK : with a pause around 7950
[14:01]   Mayur : 8382-7940 spot is actually a No trading zone. stops getting triggered on both sides.
[14:14]   Janak : has any exit poll so far ever gave a clear majority to any party? :-)\
[14:19]   Varun : ya zee give bjp 150
[14:19]   Varun : htoday gives mgb majority
[14:19]   Varun : funny guys
[14:20]   Kathir : dont know what people actually give
[14:20]   RK : exit poll only by evening right?
[14:21]   RK : result will factor 100 in NF?
[14:21]   Varun : yup 6-8
[14:21]   Varun : opening +-50
[14:21]   Varun : looks more on downside
[14:22]   Varun : thn when discounted on results day
[14:22]   Varun : could lead to a rally
[14:23]   RK : but entire press know now what they going to publish today evening so mkts 🙂
[14:25]   Tejpreet : I think closing OF will show what the press and markets know.
[14:25]   Varun : thts how thy make money, hw do u think shankar sharma made money
[14:25]   Varun : he was short and tehelka released a video sting
[14:25]   Varun : middle of market of bjp presdient
[14:26]   Varun : market tanked, he covered
[14:26]   Tejpreet : Aspike in the direction oppsite to tmrws open.
[14:26]   Varun : says chk my records i was buying tht day
[14:26]   Varun : lol
[14:27]   RK : 🙂
[14:28]   RK : but today you have to then spike the spike..yday spike low is right on top 🙂
[14:28]   Varun : buyers in 30 mins
[14:31]   r m : searching for sellers again?
[14:32]   Kathir : @RM I am tired of going longs 🙂
[14:33]   r m : I am tired of dozing on my chair 🙂
[14:33]   Venkatesan : rm jii varun mentioned some sharma is that you j?
[14:33]   Kathir : his brother
[14:33]   Venkatesan : ;))
[14:33]   Varun : rm would hate tht sharma
[14:34]   r m : @Venkatesan, 😀
[14:34]   Kathir : @venk it is like differnce between Rahul gandhi and rahul dravid 🙂
[14:34]   Venkatesan : :))))))
[14:34]   r m : Shankar Sharma is more wellknown for busting global trust bank and insider trading with his wife on the other terminal 😀
[14:34]   Varun : hfcl
[14:34]   Varun : all his babies
[14:34]   r m : **circular trading
[14:35]   Varun : share fell from 2600 to 5 rs
[14:35]   r m : yeah, he is a famous crook and looks like one too 😀
[14:35]   Kathir : @RM end ofthe day he earnedtons of money 🙂
[14:36]   Shai : He is on twitter I think
[14:36]   Varun : and went to jail
[14:36]   Varun : too
[14:36]   r m : @Kathir, end of the day you just need meals, some clothes and a place to sleep, rest all goes in banker, lawyer, doctor’s fees 😀
[14:36]   Kathir : lol
[14:36]   Tejpreet : That is what we are looking for Kathir 😉
[14:36]   Tejpreet : Jail ???
[14:36]   Venkatesan : lol some bar owners
[14:36]   Varun : ya he was behind bars for year or so
[14:37]   Varun : his licence to trade gone
[14:37]   Varun : cong govt bailed him out
[14:37]   Venkatesan : bada boy of satyam
[14:37]   Varun : he was the man behnind tehelka -finance
[14:39]   Kathir : @venk no worries man – if you have lots of money jail life is actually royal life with free police protection :
[14:39]   Shai : NF profile gaussain
[14:39]   Tejpreet : Venkatesan can you give me your mail id.
[14:39]   Shai : 8030 poc/ vwap
[14:39]   Varun : and poor lows high
[14:39]   Varun : to make life more miseralable tmrw
[14:40]   Venkatesan : venkat200@yahoo.com 2 tej
[14:40]   Shai : yeah if it gets rejected we start again for 8220 else down to 7800
[14:40]   Tejpreet : Thanks
[14:40]   Venkatesan : tej i vist the shop and contact u
[14:41]   Shai : gap will not hep tomorrow, but such profiles do create gaps
[14:41]   Shai : help*
[14:41]   Tejpreet : Thanks Venkatesan, will you the details.
[14:46]   Kathir : @venk send tej the scan copy of Tasmac bill also 🙂
[14:47]   Venkatesan : bill will generate after 7 pm
[14:48]   r m : lol
[14:48]   Tejpreet : 🙂
[14:48]   Anay : looks like they want to close at vwap/dpoc
[14:48]   Kathir : 🙂 @Tej any help in coimbatore..I too have some Tasmac bills 🙂
[14:48]   r m : lol
[14:49]   Tejpreet : Kathir Tasmac bills first , help later . What say.
[14:49]   Shai : one test of 8005 should come
[14:49]   r m : yes Anay, almost a perfect D in NF
[14:49]   Kathir : @Tej thats a far better deal 🙂
[14:50]   Kathir : @shai shall we buy some ce if it goes to lows now ..NF
[14:56]   Uttam : test of 8005 here
[14:56]   Kathir : done
[14:57]   Shai : No Kathir not a bullish close
[14:57]   Kathir : ok
[14:58]   Shai : profile is bearish as we are below 2 day lows aof 8050 and mor chances of heading to 7955F
[14:58]   Sumit K : @rm : MO please
[14:59]   Janak : rm’s MO has been below 0 since many days hence mkt has been a sell-on-rise
[15:00]   r m : MO at -55 Sumit
[15:00]   Kathir : thanks RM bhai
[15:01]   r m : welcome Kathir bhai 🙂
[15:01]   Kathir : @Shai do you see 7950 spot nifty as a big support zone ?
[15:03]   Janak : bn refusing to fall further
[15:03]   Shai : yes
[15:04]   Janak : most daring thing to do for tom wud be?
[15:04]   Janak : carry an 8000 ce 🙂
[15:04]   r m : it did exact 17050!
[15:04]   Shai : finally some buyers
[15:05]   Shai : hope they are not the media house owners 🙂
[15:05]   Tejpreet : Janak I just did that but for december !
[15:05]   RK : lol
[15:05]   Kathir : lol Shai
[15:05]   Mayur : shai, could these buyers be short covering ???
[15:06]   Janak : tej – doesnt matter – if u r to be butchered – it is the same na? :_)
[15:06]   Shai : possible
[15:06]   Janak : and if u r to gain – it is the sae
[15:06]   Janak : media stcoks are tanking shai
[15:06]   Mayur : cant see those buyers in bnf
[15:06]   Kathir : spot 7960
[15:07]   Tejpreet : Janak at least it will have some resale value 😉
[15:07]   Gaurav A : are any dip buyers alive???? 🙂
[15:08]   RK : BNF staying solid
[15:09]   Mayur : @rk will give way soon
[15:10]   Kiran : is due to short covering ?
[15:10]   Kiran : all whites
[15:11]   RK : Nifty resting on final support of week 7950 spot
[15:11]   Hari : @shai, seeing something strange there is a 10 pt diff btw what I see on teh chart and what I see on teh trading screen, I mean the cmp, the one in the chart is 10 pts higher
[15:12]   RK : Hari it happens to me too several times especially when using dongle for internet
[15:12]   RK : its a problem of slow internet or something and NEST or other trading terminals survive such slow speed but not omnovia
[15:13]   RK : dont know the technical reason but it happens with my alternate BSNL connection sometimes
[15:14]   Tejpreet : Spot low 7947.9
[15:14]   Shai : @hari check http://speedof.me/
[15:16]   Shai : a contra play has SL of 7952 F for 8030/ 8050 revisist tom
[15:17]   Shai : we will stay out of BTST as risk is high and we lost out today in BNF
[15:18]   Janak : stocks like jublfood are moving faster than bnf:-)
[15:18]   r m : MO at -58
[15:19]   Kathir : mmmmm
[15:23]   Anay : hmmm
[15:24]   Kathir : @anay looks juicy 🙂 MO
[15:24]   Kathir : @RM so no position carried right ?
[15:25]   r m : none
[15:25]   Anay : yeah 🙂
[15:25]   Kathir : thanks ..need not worry about bihar people then tonight
[15:26]   Mahendra : so we have extension handle @ 8004?
[15:27]   Kathir : @any in normal days we can sure try some longs here with this MO.but news ahead not a good deal.
[15:27]   Shai : no guarantees in Bihar that exit polls are right
[15:27]   Shai : 🙂
[15:28]   Shai : they were off in delhi also
[15:28]   Shai : in metros these guys have to get it right, but when the hinterland is involved am not sure the sample sizes work out
[15:29]   Kathir : that too only 51% polling
[15:30]   Shai : the 29/9 candle is RBI day right?
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Mayur : bye all
[15:30]   Venkatesan : yes shai and bye all
[15:30]   Sandeep69 : bye everyone
[15:30]   Anay : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Kathir : thanks and bye all 🙂
[15:30]   Mahendra : bye all
[15:30]   Ashish : bye all
[15:31]   Gaurav A : bye all
[15:32]   Tejpreet : Bye All
[15:34]   Porus : bye all

[09:01]   Janak : power sector stocks on radar – some positive announcement in next 2 days
[09:01]   Janak : which are the stocks in that segment?
[09:01]   Janak : RPOWER is one
[09:02]   Shankar : JPPower, Adanipower
[09:05]   r m : PTC, Powergrid, PFC
[09:05]   Shankar : yeah powergrid i think has posted good nos too
[09:06]   r m : NTPC
[09:06]   r m : NHPC though it is a laggard
[10:00]   Vaibhav : federal bank..wat are the supports shai, i am already long
[10:05]   Tejpreet : Precision at work . On 2nd Nov (09:48) Shai :LT 1364 is the supp. Check todays low exact 1364. Could go lower but looks stable as of now.
[10:11]   Shai : Fedreal use 52.6 as supp, not going abv 55.4 is a small issue
[10:16]   Mayur : ashokley gave out bad numbers. do u c any agg selling ??
[10:23]   Shai : ashok ley is weakbelow 89.8 but ha sone support at 88.3 close by- below that fall accelreates to 85.5
[10:26]   Porus : Shai, can u look at Jub Foods for levels?
[10:29]   Porus : to short
[10:31]   Uttam : Shai, levels for Bharti? It is weak below 345 but till where can it fall?
[10:38]   RK : Shai Hero that much awaited 100 points balance travel is taking place lonely against tide here 🙂
[10:39]   RK : let me jinx it as me quit at yday close 🙂
[10:41]   RK : Sorry if anyone is long there..that was just a lighter comment 🙂
[10:42]   r m : 🙂
[10:48]   Shai : jubl not very wek till 1444 is broken – below that can drop hard to 1390 and more. current res at 1490
[10:49]   Shai : yes hero trend day up
[10:50]   Shai : bhart 335 and 332 are 2 pockets to watch for supp
[10:52]   Uttam : thanks Shai
[10:55]   Mayur : shai, any update on Ashokley ?
[10:55]   Shai : (10:23) Shai :ashok ley is weakbelow 89.8 but ha sone support at 88.3 close by- below that fall accelreates to 85.5
[10:57]   Mayur : ok. got disconnected so missed the update. thx.
[11:03]   R Goel : is thr any views on yes bank
[11:06]   R Goel : shai view on yes bank
[11:09]   Mayur : shai, view on ACC pls ?
[11:09]   Mayur : can u give entry point for OFSS LT positional. thx.
[11:11]   Shai : yes bank weak can drop to 756 and below that to 733 . will remain weak below 790
[11:14]   Shai : acc just holding last week’s val at 1382. below 1382 is a short for 1366/ 1362
[11:14]   Soumya : Shai Cipla broke 666.. Any downside targets?
[11:14]   Shai : strength only abv 1406 in acc now
[11:15]   Mayur : thx a lot.
[11:16]   Shai : ofss buy closer to 3850 with stps below 3500
[11:16]   Mayur : okie
[11:18]   Tejpreet : Most active contracts in 4 days of november series ( posed by someone on twitter). top 3 LT , Icici and Axis bank. https://gist.github.com/Uptickr/a7f5c338b5a63d4fa6ae
[11:18]   Ashish : Shai, where do you see intraday support of Canara bank?
[11:18]   Shai : cipla intra week support at 646 for now but can drop to 630
[11:20]   Shai : can bk at intra supp of 268.8 but big positional supp at 265/267
[11:22]   Ashish : Thanks Shai
[11:42]   Soumya : Tata Steel short I am squaring off here
[11:43]   Gaurav A : shai your views on arvind
[11:48]   Gaurav A : shai ur views on arvind
[11:54]   Shai : arvind intra supp today at 264 , however there is weakness and tgt below 274 remains 260.8
[12:01]   Tejpreet : Shai does LT show some aggressive buying at lows today .
[12:03]   Shankar : Shai is Ashokley seeing buyers today at today’s low?
[12:05]   R Goel : (10:55) Shai :(10:23) Shai :ashok ley is weakbelow 89.8 but ha sone support at 88.3 close by- below that fall accelreates to 85.5
[12:05]   Shankar : @RG i wanted to check the current status at the lows
[12:06]   Gaurav A : thanks
[12:07]   Shai : No new selling at 88.1 in ashok, but old sellers are holding and no buying seen
[12:09]   Shai : yes LT shoing responsive buying- still a normal day in LT- has to crosss day highs
[12:11]   Tejpreet : Thanks Shai.
[12:17]   Shankar : thanks Shai
[12:51]   RK : Shai BPCL to 870 and LIC to 470 from here ?
[12:56]   Shai : BPCL 881 is asupp onday but has wekened and may tgt 852 is we close below 881 today
[12:57]   RK : Yes looking to enter below 880 only
[12:57]   RK : to take that old support around 865
[12:57]   Shai : yes lic tgt 470
[12:57]   RK : got it..thanks
[13:08]   Gaurav A : arvind made my day thanks shai 267-274
[13:20]   Gaurav A : shai ur inputs on jubfood
[13:22]   Shai : (10:48) Shai :jubl not very wek till 1444 is broken – below that can drop hard to 1390 and more. current res at 1490
[13:23]   Gaurav A : abv 1490 boss upside till??
[13:45]   Shai : may do 1517/ 1543 then
[14:16]   Porus : Shai, can you ahve a look at jubilant again. Any level update?
[14:17]   Porus : sorry ignore
[14:30]   Shai : jubilant or jublfood?
[14:31]   r m : both are diving like there is no tomorrow!
[14:34]   RK : LIC nice move and done
[14:36]   Gaurav A : was save in jubliant exited @1444 thanks shai
[14:36]   Gaurav A : now support if any the way its falling
[14:42]   Shai : 1316
[14:44]   Shai : lot size 300 was a good short at 1444 for fast fingers
[14:45]   RK : yes when you get right entry and IPM helps, then lot size is a favor to us..it has made me to filter many trades and I should actually thank Sebi to insist hardwork 🙂
[14:47]   Shai : I had put an alert for it, but it reacted before I could add orders
[14:47]   Shai : meant for Janak kind of trades
[15:06]   RK : LIC costly bad exit now with 1100 lot size 🙂
[15:14]   Janak : which one shai?
[15:15]   Shai : ignore meant for main screen
[15:23]   Shai : jubl bounce form 1326
[15:23]   Janak : 1392!
[15:25]   Mayur : shai can u paste cipla view gain. re logged in so lost chat history
[15:26]   r m : (11:18) Shai :cipla intra week support at 646 for now but can drop to 630
[15:29]   Mayur : thx a lot
[15:29]   Mayur : results terrible cipla