OrderFlow charts and Notes 06/08/15

Room Name: Vtrender
Date and Time: August 06, 2015 09:09:05[08:40]   r m : Good Morning folks!
[08:40]   r m : http://vtrender.com/levels-and-plan-for-06th-aug/
[08:40]   r m : http://vtrender.com/orderflow-charts-and-notes-050815/
[08:40]   r m : http://vtrender.com/option-values-dt-050815/
[08:40]   r m : Nifty AUG Future levels | Key reference area 8548 | Hypo1 above 8616➜8640➜8663 SL 8589 | Hypo2 below 8572➜8550➜8505 SL 8605
[08:41]   r m : Banknifty AUG Future levels | KRA 18810 | Hypo1 above 19065➜19155➜19232 SL 18960 | Hypo2 below 18820➜18716 SL 18925
[08:42]   Vikkas C : GM RM
[08:44]   r m : Hi Vikkas
[08:50]   Moses : GM All
[08:55]   Mohul : GM All
[08:58]   Augustin : GM all
[08:58]   Tejpreet : GM all.
[09:00]   Shailesh : GM RM, Shai and all
[09:00]   r m : Hi Shailesh
[09:02]   Shailesh : 🙂
[09:02]   Sharad : GM all
[09:02]   John : GM all
[09:02]   Ravi : GM all
[09:03]   Shai : GM all
[09:04]   Srini A : GM All
[09:04]   Manoj : gm all
[09:04]   Manoj : gm rm
[09:04]   r m : Hi Manoj
[09:05]   Rahul G : gm all
[09:05]   Hemant : GM folks
[09:05]   Porus : GM all
[09:07]   Misaal : Good Morning
[09:07]   Suyash : Morning all !
[09:08]   Sudhakar : GM Shai,RM
[09:09]   Tejpreet : Guys there is a Futures sheet on the blog which has Prime levels , weekly lvn , Daily levels ….https://docs.google.com/spreadsheets/d/1Nlk2ghNScGdWkgmv9oMSfz7VIJQdMj3C9GwS2bXTFnc/edit?hl=en&authkey=CJfi7uAK&pli=1#gid=920449624…………….thought just to inform everyone.
[09:10]   Vikkas C : its here as well in the chat room tej
[09:10]   Vikkas C : bottom right side in documents
[09:12]   Rajat : gm
[09:12]   Hemant : Ty Tej, we are all on it 🙂
[09:12]   Hemant : As Anonymous Animals 🙂
[09:13]   Venkatesan : GM shai,rm and frends
[09:13]   Tejpreet : yeah Vikkas but now we have daily VAH VAL nd POC for full series .
[09:13]   r m : Hi Sudhakar, Venkatesan
[09:13]   Vikkas C : yeah just noticed that after u msged ..thanks buddy 🙂
[09:14]   Naveen : gm all..have a good day 🙂
[09:14]   r m : it can be opened from document folder on right bottom side too
[09:15]   Sankar : GM RM, Shai and everyone 🙂
[09:15]   Tejpreet : Welcome Vikkas 🙂
[09:19]   Tejpreet : Shai can we get back into 8600 call around 90 which were part booked yesterday with same SL 82 or wait.
[09:22]   Gaurav : Sell active?
[09:24]   Shai : STBT of BNF done yesterday can close out
[09:24]   r m : Hi Sankar 🙂
[09:25]   Sandeep : shai nf and bnf open & high same
[09:25]   Sandeep : generally that leads to downside
[09:25]   Sandeep : your views
[09:26]   Shai : looking for progress abv 8590 for new buys in NF in calls or fut , not here
[09:27]   Shai : 8572 is ref line on downside today
[09:27]   Misaal : Is this an Open Test Drive ?
[09:27]   Shai : Yes Sandeep it works in 90% cases
[09:27]   Sandeep : downside upto 2% ?
[09:28]   Misaal : so if extreme of 72 holds we should be good ?
[09:28]   Sandeep : my observation
[09:28]   Sandeep : your views
[09:28]   Shai : Vol is not good for a drive still Misaal
[09:28]   Tejpreet : Thanks Shai wait now for 8590.
[09:29]   Augustin : @Shai: BNF wiill be a sell below day’s low?
[09:29]   Gaurav : broen both 8590 and 8572. lol. What do to here?
[09:29]   Shai : sell below 18910 again
[09:29]   Augustin : Ok. tks
[09:31]   Sandeep : bnf excat low 18910
[09:31]   Sandeep : exact
[09:31]   Sandeep : shai bnf target
[09:31]   Sandeep : for short sell
[09:31]   Shai : bnf weakening
[09:33]   Augustin : 18810?
[09:33]   Augustin : or can trail for a larger downside?
[09:33]   Manoj : NF HYP2 active???
[09:35]   Shai : yes that hypo active
[09:36]   Varun : volume not abv par for a drive in nf
[09:37]   Kiran : Can sell BNF at vwap or below the spike/IB low ?
[09:37]   Vikkas C : that buyer at 8580 is big
[09:38]   Varun : and he failed to push the price up
[09:39]   Kiran : there is nearly same seller at left. 107351
[09:39]   Vikkas C : do prices move up immediately after such a big buyer shows up varun ..(Learning)
[09:43]   Varun : he shld else he will vomit in a while
[09:44]   Varun : wht do we do, we buy and as low breaks we sell
[09:44]   Varun : he will do the same
[09:44]   Shai : Sell BNF 18910 sl of 18965 tgt 18830
[09:44]   Vikkas C : cool ..thanx varun
[09:44]   Varun : means limit orders in sell side
[09:44]   Varun : in mrkt
[09:46]   Shai : No don’t see a large downside in BNF- expect price to rotate back near 19000
[09:46]   Shai : for augustin(09:33) Augustin :or can trail for a larger downside?
[09:49]   Augustin : Tks Shai
[09:50]   Kiran : Can we know in advance the vWAP dot ? Want to cover there.
[09:51]   Shai : exit the BNF short trade here- we will short it higher
[09:54]   Shai : Kiran 8565-8591 on your screen
[09:56]   Nandesh : how much up on BNF u r expecting . I m SH @ 19030
[09:57]   RK : GM Shai,RM and all
[09:58]   Shai : 19030 short you should have part booked and trailed cost
[09:58]   r m : Hi RK
[09:59]   Shai : that buyer candle 9.50 has strong buyers and chose to get out
[09:59]   Nandesh : sory it 18930
[10:00]   Nandesh : i m sh BNF at 18930.. how much up u expect
[10:01]   Shai : upto 19030
[10:01]   Shai : sudden surge of buyers in both
[10:06]   Shai : If BNF breaks abv 18985 ca do 19040 quickly on that 80%
[10:06]   Shai : sl will be just below vwap
[10:07]   Shai : will look to short BNF is it resists VAl and moves below vwap
[10:07]   Shai : val*
[10:14]   Ashish : GM all
[10:16]   Dr Nashik : Hi Sir, as discussed yesterday, you were about toi explain me the process of generation of calls.
[10:18]   Shai : just explained my thought process right above
[10:20]   Shai : keep following the conversation – I’ll do my best to keep talking about what I see
[10:21]   Kiran : Dr N , u need to go through the glossary and Mind over Market if possible.
[10:21]   Kiran : If you understand terms then its more easy
[10:22]   Kiran : after going through MoM it became little easy to understand for me.
[10:22]   Shai : http://vtrender.com/glossary-4/
[10:22]   RK : my suggestion would be to go through welcome kit thoroughly and follow the conversation and glossary is only to refer when going through welcome kit and conversation…
[10:22]   Kiran : I am also learner like you.
[10:23]   Shailesh : Everybody here is learner like you Dr N.
[10:23]   Kiran : VAL ko glue lagaya BNF.
[10:23]   Tejpreet : Bank nifty stuck to 18980 ..
[10:25]   Kiran : also the Pink green line helps a lot.
[10:26]   Dr Nashik : can we only trade as per green/pink line?
[10:27]   Dr Nashik : Is there any need to consider other factors?
[10:27]   Dr Nashik : If yes, what are thwy?
[10:28]   Kiran : follw Shais Calls for first few days. just observe.
[10:35]   Shai : Sell BNF below 18949 sl of 18997 tgt 18880/ 18830
[10:36]   Shai : sell is below vwap
[10:36]   Shai : See the reds at VAL are more which means no buyers to push it abv
[10:37]   Shai : NF also has more aggressive sellers abv 8592
[10:37]   Kiran : following u Shai. Just made hurry to short at 955 before call. Thanks now SL.
[10:38]   Kiran : in place
[10:44]   Tejpreet : Looks like RR powers are already vetoed …atleast by the market ….no trending move by bulls or bears 🙂
[10:48]   Vikkas C : might seem idiotic but whats the logic behind naming LVN’s with (+) (-) and Numbers
[10:51]   Shai : 0 is the bias for long or short +0 for long and -0 for short
[10:52]   Shai : gets stronger as we move from 0to +1 to +2
[10:52]   Shai : and -1 to -2
[10:52]   Vikkas C : ok gr8 ..thanks shai 🙂
[10:53]   Shailesh : Shai yesterday sellers will be there today as NF is hovering around yvwap ?
[10:53]   Shailesh : or they might appear at higher values ?
[10:54]   Kiran : charts disappeared.
[11:01]   Kiran : Without charts it is like walking in dark in unknown place.
[11:02]   r m : 🙂
[11:02]   Shailesh : Walking Dead 🙂
[11:04]   Kiran : let the fall begin ..
[11:06]   r m : @Shai, apni chakki ka naam batayein kripya, 18997 was the stop and BNF returned from 18995! 🙂
[11:06]   Tejpreet : True RM 🙂 Amazing stuff.
[11:07]   Shailesh : 🙂 RM
[11:07]   Augustin : Awesome 🙂
[11:07]   Hemant : 🙂
[11:07]   Vikkas C : but RM the bnf didnt trigger naa below 18949 before going to 18995
[11:07]   Vikkas C : that trigger happened now
[11:07]   r m : it did Vikkas, my order triggered 🙂
[11:08]   Vikkas C : ohh is it ..sorry 🙂
[11:08]   Augustin : it did in a flash
[11:09]   Nandesh : i am not getting any chart even after reloading again and again
[11:10]   Augustin : It’s not working for anyone, i guess
[11:10]   Tejpreet : Yes not working.
[11:10]   r m : no charts, I have sent msg to Shai
[11:10]   Venkatesan : its working but not shared
[11:11]   r m : just in case he was not at screen 🙂
[11:11]   Venkatesan : just think differently
[11:11]   Augustin : @Venkatesan – playing with words 😉
[11:11]   r m : @Venkatesan, that is the way Omnovia describes it when it fails to project 🙂
[11:11]   Augustin : LOL
[11:12]   Venkatesan : :)))) then xcuse me guys
[11:13]   Venkatesan : who is the vendor for nse rm?
[11:13]   r m : ?
[11:14]   Hemant : RM for FM 🙂
[11:14]   Venkatesan : all software in stock exchange managed by whom?
[11:14]   r m : Omnovia provides conferencing software, nothing to do with data
[11:15]   r m : @Venkatesan, OK official vendor for nse data you mean, it is dotex
[11:15]   Venkatesan : yes thank you rm ji
[11:16]   r m : Truedata, GFDL, Neo-trade analytics are legal providers, they get data from dotex
[11:16]   r m : in India i mean
[11:16]   Varun : seems to be sum big bug, doesnt hapn fr so long
[11:16]   r m : looks like that
[11:17]   Varun : i hope we dnt get end of day msg 😉
[11:17]   r m : tab tak desi maal se kaam chalao – http://screencast.com/t/IryQL3sFU
[11:17]   r m : 😀
[11:17]   Venkatesan : nf 8485 around
[11:18]   r m : 🙂
[11:18]   Varun : fall below day low to 50/55 would be quick
[11:18]   Misaal : desi maal..
[11:18]   r m : 8485 will gladden the heart of bears Venkatesan 🙂
[11:18]   Tejpreet : We still in IB range , varun can we get a good r/e trade today.
[11:19]   Venkatesan : :)))))
[11:19]   Tejpreet : You already answered Varun
[11:19]   Varun : yes, increase the volume, we enter imbalance also
[11:19]   Varun : below 50 , 16 is easy
[11:20]   Varun : someone sold 8700 ce yesterday
[11:20]   Varun : winning ?
[11:20]   Venkatesan : 16 is possitional stop?
[11:20]   Varun : i am weak at positional and weekly
[11:20]   Manoj : shai looks like trying to save ou bandwidth cozz mkt so range bound better shut the terminals !!!!!
[11:20]   Venkatesan : vikhas only sold at 60
[11:21]   Varun : and makes me loose
[11:21]   Varun : sight
[11:21]   Manoj : *ou=our internet
[11:21]   Venkatesan : “:))))))
[11:21]   Varun : of bigger picture
[11:22]   Vikkas C : yupi did
[11:22]   Venkatesan : nf 8581
[11:22]   Varun : lose vs loose
[11:22]   Varun : biggest mistake one makes while typing 😉
[11:22]   Varun : hws it going
[11:23]   Vikkas C : cmp 55.50
[11:23]   Varun : cool
[11:23]   Vikkas C : 50.60
[11:23]   Vikkas C : low made
[11:23]   Varun : i think at 8620 u wont loose much now
[11:23]   Varun : so u can trail
[11:23]   Vikkas C : yeah
[11:23]   Vikkas C : 🙂
[11:23]   Venkatesan : its lose sight
[11:24]   Vikkas C : learning for u guys
[11:24]   Vikkas C : *from u guys
[11:24]   Varun : light at the end of tunnel
[11:24]   Venkatesan : aagayaaaaaaaaaaaa
[11:24]   Tejpreet : clap clap !
[11:24]   Varun : smal dev
[11:24]   Varun : poc shifted down i think
[11:25]   Tejpreet : but volume still poor
[11:26]   Varun : wvap bands still at 65 lvls
[11:26]   Varun : ?
[11:27]   Varun : my 2 bit, today not a good day to trade breakouts
[11:27]   Varun : low vol. over lap profile
[11:27]   Varun : bal in sight
[11:28]   Shai : yes still at 65
[11:28]   Varun : thanls shai
[11:28]   Varun : thanks
[11:28]   Shai : yes will have to choose points and keep a largish stop today as rotataions
[11:30]   Vikkas C : shai if possible can u pls decrease the thickness of the vwap in BNF 5 mins charts..thanx
[11:36]   Shai : done
[11:36]   Vikkas C : thank u 🙂
[11:37]   Shai : looks like an 8555- 8599 mkt all day with another close at 8588 in all probabaility
[11:37]   Kiran : Shai how to know vWAP dot value BNF .?
[11:37]   Shai : it’s 19020- 18887 now
[11:37]   r m : @Kiran, it expands as per trading volumes
[11:38]   Sankar : Shai, if all day like this, whether to carry that weekly CE for monday session?
[11:38]   Vikkas C : shai this vwap bands have u coded it in marketdelta or its available by default in it ?
[11:39]   r m : normally it comes as a free gift along with vwap for other softwares 🙂
[11:39]   Vikkas C : i use falcon and wondering how do i place the same on my nf and bnf charts
[11:40]   r m : it is 3sd deviation of vwap
[11:40]   Vikkas C : ji RM that i know 🙂 i will prolly spk to the falcon guys today to help me in putting it up
[11:40]   Sankar : Ok. So RM, you have Marketdelta and also purchased some other vwap stuffs.. or market delta gives footprint/vwap everything?
[11:41]   r m : @Sankar, i use NT, cheap stuff, vwap bands are part of vwap indicator in NT and Ami 🙂
[11:41]   Tejpreet : Vikkas how is your experience with Falcon?
[11:41]   Sankar : ok 🙂
[11:42]   Sankar : Ami, I have.. but no tick data.. :-O
[11:42]   r m : footprint here only, very misleading footprints on NT 😀
[11:42]   Sankar : yeah. you mentioned once. metadata/esignal seems to be better for footprint data.
[11:42]   r m : @Sankar, Truedata, just subscribed, 2 days tick data by default, more can be subscribed on payment
[11:42]   r m : **higher payment
[11:43]   Sankar : cool.
[11:45]   Vikkas C : falcon is good tej ..been using it since 3 years
[11:47]   Vikkas C : they are even thinking of introducing MP in falcon since long but holding on to their views and not many ppl know abt this concept 🙁
[11:47]   Tejpreet : I tried few years back too much information was just overwhelmed by the info.
[11:49]   r m : 🙂
[11:49]   Vikkas C : try taking a demo now tej..improved a lot
[11:50]   Tejpreet : Sure …will try it out.
[11:50]   Vikkas C : all diff softwares have different indicators ..bottom line use any but use them correctly
[11:51]   Sankar : I just want to use MP and take positional/swing trades..
[11:51]   Sankar : still on learning process. much comfortable than before.
[11:51]   r m : yep and better to stick to one which one is used to – it takes a long time to learn handling a new charting software
[11:51]   Tejpreet : For me most imp is cost …everything adds up to overheads and that eats into your ledger.
[11:51]   Sankar : able to hold it without fear.
[11:52]   Sankar : and as Shai said, booking 50% helps a *real lot*.
[11:52]   r m : yes – 50% booking reduces 100% tension 🙂
[11:52]   Hemant : L)
[11:53]   Sankar : 200% (if thats possible) RM :).
[11:53]   Vikkas C : before i joined shai 3 mnths back my trading was very very earratic but this place has gotten me to my senses and trading has improved by leaps and bounds
[11:53]   Hemant : Well said RM
[11:53]   Vikkas C : +1 RM
[11:57]   Rahul B : wht is the open position now shai
[11:57]   Tejpreet : Looks like tomorrow will be a real “FRYday ”
[11:58]   Rahul B : we are short in bank nifty
[11:58]   Vikkas C : this bnf looks like wants to go back to IBH before falling
[11:59]   Vikkas C : bloody idiot
[12:00]   r m : why can’t these guys simply fall without doing so much drama? 🙂
[12:00]   Vikkas C : true that RM
[12:00]   Hemant : Drama is essential RM 🙂
[12:01]   r m : yeah, major income is from Drama I think 🙂
[12:01]   Nishant : Drama brings in the volume? 🙂
[12:02]   r m : so one should write a program to make money from drama while discretionary trade done on levels 🙂
[12:03]   Hemant : ha ha 🙂 I would purchase that program and shut piracy any my end 😛
[12:04]   Hemant : at* my end i mean
[12:04]   Varun : rm thr is one
[12:04]   Varun : i m nt a programmer
[12:04]   Varun : else i cn draw it for u
[12:04]   Varun : bes for mean revisions
[12:04]   Varun : and market delta helps a lot in it
[12:04]   Varun : best
[12:05]   r m : @Varun, me too not a programmer 🙂
[12:05]   Varun : best suited for inside days
[12:05]   Varun : bal days
[12:05]   r m : ok
[12:06]   RK : have to install two programmes..after IB just switch on one and shut off another one..
[12:06]   r m : so after a trend day that program has good probability of delivering for next couple of days at least
[12:06]   RK : oh my how sweet life will be then 🙂
[12:06]   Varun : yup
[12:06]   Varun : u see an open in bal and ib doesnt go out
[12:06]   Varun : 9/10 times extreme will be faded
[12:07]   Varun : and order flow tells it like piece of cake
[12:07]   Varun : u get 15/20 points
[12:07]   Varun : but 3-4 times a day
[12:07]   Varun : most likely we will se tht today when ib low breaks
[12:07]   r m : ok, Kris used to take them all when he was trading here 🙂
[12:07]   Varun : will try to play it
[12:07]   Varun : live
[12:07]   Varun : if i am on screen
[12:07]   r m : right
[12:08]   Vikkas C : varun u shud seriously make a note of all this and share with everyone
[12:08]   Varun : rm do u remeber like 6 months back we used to have volume bars in 5 min
[12:08]   Vikkas C : like easier for future ref
[12:08]   Varun : those at top
[12:08]   r m : yes
[12:08]   RK : I have came to know about one trader through a dealer..he follwed some system which is lie hit or miss immediate after entry like in 5 mins it will tell if thats going to be a win or miss..so he used to enter two contra trades at one price with closer stops and one hits SL other runs for profit..just wanted to say how many systems people follow 🙂
[12:09]   RK : *like hit
[12:09]   Vikkas C : everything from scartch ..there are soo many things that u have shared and remebering all those at times is difficult but if u have a ref some where wud be easier to glance
[12:09]   Varun : 🙂
[12:09]   Varun : will do , i am doing multi multi tasking
[12:09]   Varun : the entire day
[12:09]   r m : 🙂
[12:09]   Varun : rm need those back
[12:09]   Varun : will tell u why
[12:10]   Vikkas C : super varun 🙂
[12:10]   Varun : want to see spike in volume at bo popints
[12:10]   r m : will petition Shai for bringing them back 🙂
[12:10]   Varun : points
[12:10]   r m : yes
[12:10]   Varun : on inside days
[12:11]   Varun : ok if u get a seller trap on low break + vol spike + opp delta
[12:11]   Varun : go for it
[12:11]   Varun : gave otu a trade
[12:11]   Varun : watch it
[12:11]   r m : ok
[12:11]   RK : yes Varun inside days offers many traps
[12:12]   RK : watching OF on such fade extreme days would certainly helps
[12:12]   Varun : and we can progm it
[12:12]   Varun : on market dekta
[12:13]   Varun : will solve us the enitre day stress of watching
[12:13]   Varun : look for 3 things vol spike + opp delta at bottom + seller at low + next opp candle
[12:13]   Varun : 4 things
[12:14]   Varun : it will reverse till 82
[12:14]   r m : so position shoud be taken above or below next opp candle?
[12:14]   Varun : if u see 3 , be alert
[12:14]   Varun : as u see next candle green strting go for it
[12:14]   r m : ok
[12:14]   Varun : stop will be 5 pt below low of trap
[12:14]   RK : RM I take position once I get conviction after seeing opp delta next to seller or buyer trap
[12:15]   r m : Thanks Varun, RK
[12:15]   Varun : sos top of 7/8 pt and trgt arnd 20 pts or reverse of wht u saw
[12:15]   Varun : at bottom
[12:15]   RK : I’ll hold after third confirmation from next candle if volume i.e, buyer or seller mkt orders favor my position
[12:15]   r m : OK Varun, thanks
[12:15]   Varun : sometime the third candle comes back to test again but fails
[12:16]   Varun : this some people call short thrust
[12:16]   r m : ok
[12:16]   Varun : this can be prgrmed
[12:16]   RK : SL mostly we will get some of our regular nos like poc,val pdl something will be there certainly when we get such traps..so I use -5 or 10 based on day’s range
[12:16]   r m : Thanks RK
[12:16]   Varun : on trend days this hapns, play the trnd
[12:16]   Varun : dnt look for aganst trend
[12:17]   r m : ok
[12:17]   Varun : this hapns on trend days pn wvao revisit
[12:17]   RK : the problem is we have to be watchful..but when such dump or pump happens most of my stocks would be buzzing and asking me to attend so cannot watch OF 🙂
[12:17]   Varun : vwap
[12:17]   Varun : thts why said if this can be prgmed
[12:17]   r m : ok Varun
[12:17]   Varun : we can do lot of good trades
[12:17]   r m : yes
[12:17]   RK : thanks Varun for the topic
[12:18]   Varun : inside days look for st at ib low, val, range break
[12:18]   Varun : and upthrust at vah break, ob high break, range break
[12:18]   Varun : it will reverse to mean
[12:18]   RK : and vwap bands also sometimes
[12:18]   Varun : and lat bit if stop loss goes, sideways days turn ito trend day
[12:19]   Varun : means someone big has enterred
[12:19]   Varun : so u cna do sar at stop loss
[12:20]   Varun : thts y said to rk yesterday ib break and back goes to vwap
[12:20]   Varun : same rule
[12:20]   Varun : of tells you when to do it
[12:21]   r m : Great Varun, thanks a tonne! Will bookmark today’s chat page!
[12:21]   Vikkas C : no RM..ask him to make notes and share 😉
[12:22]   r m : lol, he will give me a virtual kick 😀
[12:22]   Sankar : Tx Varun for sharing the techniques.
[12:22]   Varun : so we need to work with shai on 2 things on those 4 conditions and progming it on screen
[12:22]   Sankar : Much appreciated.
[12:22]   Venkatesan : :)))))lol
[12:22]   Varun : like a pop out when st /ut hapns
[12:22]   Varun : i ahve notes but all hand written
[12:22]   Varun : like to write
[12:22]   r m : ok
[12:23]   Venkatesan : i rather like wo listen varun than read
[12:23]   Venkatesan : like to listen
[12:23]   Venkatesan : pl take it in lighter vein
[12:23]   Varun : 🙂
[12:23]   RK : Varun this st and ut means by measuring the volume with some avg or how do you recognise it?
[12:24]   Varun : huge vol spike, the thin big line u see on vol chrts coming out of no where
[12:24]   Shailesh : Thanks Varun and RK…appreciate the effort
[12:24]   RK : Yep we do get such towers often
[12:25]   RK : so you call them as UT which means more volumes chasing price there.
[12:26]   Varun : this is basically stops and running buye
[12:26]   Varun : operators wont buy huge qty at bo points
[12:27]   Varun : thy buy before and load it to stops and bo buyers
[12:27]   Varun : this is the logic behind it
[12:27]   Varun : and if operator is buying then stop will go and trend day would emerge
[12:28]   RK : fine
[12:28]   r m : ok
[12:28]   Venkatesan : hope rk is not an operator
[12:29]   RK : Venkat its better I’ll show my poor face to you soon so that you will know the reality..soon we will meet at Mayas for a beer and Bhuhari for briyani 🙂
[12:29]   Venkatesan : sure rk
[12:30]   r m : 🙂
[12:30]   RK : Yeah RM I have to show him my empty pockets 🙂
[12:30]   r m : @Venkatesan, nice way to extract beer and biryani from RK 🙂
[12:30]   Venkatesan : :)))))@ rk
[12:30]   RK : lol
[12:30]   Venkatesan : lol
[12:31]   RK : Venkat these 2 places are our jont when I did my MBA at Jamal..nice town Trichy..lot of memories there from childhood 🙂
[12:31]   Augustin : @RK – You from Trichy?
[12:32]   Venkatesan : truely it is advisable to visit such place to refrech ur self
[12:32]   Venkatesan : good guess augusting
[12:32]   Venkatesan : u r from?
[12:33]   Augustin : @Venky – Currently in Chennai.. Trichy is my birth place
[12:33]   Venkatesan : acchha he said it
[12:33]   Augustin : but hardly spent any time there
[12:33]   Venkatesan : ho god augustin you r near my home town and i am at your home town
[12:34]   Venkatesan : my home town is vellore
[12:34]   Augustin : ha ha
[12:34]   RK : Augustin no me from Karur
[12:34]   Augustin : Alright RK
[12:37]   r m : Europe red, or DAX red
[12:37]   Varun : rm see wht hapnd at val
[12:37]   r m : yes Varun
[12:38]   Varun : and if someone has vol, it would be a spike at 10000 buyer
[12:39]   r m : ok, today not much volume at the ends, only volume spike was at 10 am touch of highs
[12:39]   Varun : k
[12:39]   Varun : thts the progming part we need
[12:40]   r m : ok
[12:40]   Varun : as 4 variables in running markt to watch
[12:40]   Varun : pit trader/alex told me
[12:40]   Suyash : Ok so a buyer trapped at the top of the candle at VAL. I saw a bit of spike in the volume chart. What is the concept of delta here? Because it’s flat both in that candle and the next?
[12:40]   Varun : marlet delta has tht progming part
[12:40]   Varun : so its opp
[12:40]   Varun : it should be big green
[12:41]   Varun : but its neutral delta
[12:41]   Varun : 93 shld be stop for all shorts now
[12:41]   Varun : tis 10000 buyer shld nt get exit
[12:41]   Varun : if he gets an exit
[12:41]   Varun : means otf enterring on by side
[12:42]   Varun : re test haoning in this bar
[12:42]   Sankar : what do u mean by shud not get exit? and how can we see that?
[12:42]   Kiran : Varun what happended to that morning buyers ?
[12:42]   Varun : many times this haons
[12:42]   Kiran : I just lost track in between.
[12:43]   Varun : 10000 buyer supported by 12000
[12:43]   Varun : strong
[12:44]   Varun : shld eb of less
[12:44]   Varun : this means strength
[12:46]   Kiran : BNF also trying to cross VAL.
[12:49]   Kiran : Shai said once that vWAP cross should be fast, It is not happening, right ?
[12:50]   Nandesh : in BNF more red seller vol even though price is going up
[12:51]   Varun : we shld break out on uo
[12:51]   Varun : lets see
[12:52]   Varun : up
[12:52]   Varun : vwp holds the key now
[12:52]   Varun : should hold
[12:56]   Varun : ek dhaka ur doh 88 ko tor dih
[12:57]   Vikkas C : varun daya ko bolao ..darwaaza thodega
[12:57]   Shai : exit the BNF short trade – 18975 now.
[12:58]   Manoj : lol vikas
[12:58]   Varun : my savious msg has come
[12:58]   Varun : saviour
[13:01]   Shai : Still a Normal day in both
[13:03]   Manoj : can we see 8607 today ???
[13:09]   Shai : we may go to 8615 if 8599 is crossed
[13:11]   r m : 8599.95 like bata shoe 🙂
[13:11]   Ashish : hahaha RM
[13:16]   Tejpreet : Shai isn”t the 19040 good short POC, IB high ,yvwap around and vwap bands.
[13:17]   Shai : yes
[13:18]   Vikkas C : plus 40025 seller there tej
[13:18]   Shai : what’s happening in nf?
[13:18]   Hemant : Gone nuts
[13:18]   Shai : spiky vols again
[13:18]   Shai : dont short
[13:19]   Varun : (12:56) Varun :ek dhaka ur doh 88 ko tor dih
[13:19]   Varun : 20/25 point trade
[13:19]   r m : 🙂
[13:19]   Tejpreet : Perfect one
[13:19]   Varun : someone enterred at 88
[13:19]   Varun : lvls
[13:20]   Vikkas C : WTF
[13:20]   Manoj : its me @ 83.55
[13:20]   Varun : read wht i said abv 93
[13:20]   Shai : nice
[13:21]   Varun : (12:43) Varun :10000 buyer supported by 12000(12:43) Varun :strong(12:44) Varun :shld eb of less(12:44) Varun :this means strength
[13:21]   Shai : sell NF below 8614 now for 8588 sl of 8625- 10 point risk trade
[13:21]   Varun : shai 🙂
[13:21]   Shai : sell below*
[13:22]   Manoj : OMG we DID 2 IB but range is so tight
[13:22]   Shai : they are trying to force the seller out but he is still there
[13:23]   Varun : we mite come back till 88 if we dnt sopend time here
[13:23]   Varun : 45 degreee
[13:23]   Shai : yes looking to fish for new buyers
[13:25]   Shai : some 1 give me price on 8600 ce
[13:25]   Shai : day high
[13:25]   Venkatesan : 114.5
[13:25]   r m : 119.60
[13:25]   Tejpreet : 119.6
[13:25]   RK : 114.7
[13:25]   Manoj : 119.6
[13:25]   Venkatesan : 119.6
[13:25]   RK : 119.6 is high
[13:25]   Shai : thanks
[13:26]   Shai : 8610 is what we are watching on spot for that 133
[13:27]   Sankar : Still spot has to move 20+.
[13:27]   Shai : NF can come down now
[13:28]   Shai : BNF can short with 19120 as sl
[13:31]   Shai : BNF short gone
[13:34]   Vikkas C : good going varun ..awesome
[13:34]   Vikkas C : shai BNF looks set for ur 19250
[13:34]   Shai : BNF does not come below 19065 by close will change things again
[13:34]   Vikkas C : banks seeing buying again
[13:34]   Shai : yes for 19300
[13:35]   r m : @Varun +10 🙂
[13:35]   Sankar : Shai, closing here, we can carry the CEs without second thought for Monday. having tgt of 160 for the 8600CEs
[13:35]   Sankar : I meant closing above 8600.
[13:35]   Shai : yes
[13:35]   Shai : NF safe till abv 8614
[13:35]   Sankar : cool tx.
[13:35]   Varun : did u see rm
[13:35]   Shai : once below it will come down to vwap and cmaybe close ther
[13:35]   Varun : wht i said
[13:35]   Varun : soeone has enterred
[13:36]   Varun : otf type
[13:36]   Varun : if stop goes
[13:36]   Sankar : spot yet to cross 8600.
[13:36]   Varun : gt an early indicator at 87 only
[13:36]   Shailesh : today pf funds hit the mkt may be tht was the reason varun
[13:37]   Varun : reasons develope
[13:37]   Varun : but oflow gives first hints
[13:37]   Vikkas C : agreed varun
[13:37]   Varun : a buyer was trapped
[13:37]   Varun : he got an exit
[13:37]   Shailesh : yup
[13:37]   Varun : tht menas he didnt puke
[13:38]   Shai : nice 🙂
[13:39]   Shai : yes 8573 baton change
[13:40]   Shai : BNf also at vwap change
[13:40]   r m : @Shailesh, Lord Tennyson wrote this with traders in mind – “Theirs not to reason why, Theirs but to do and die” 🙂
[13:41]   Shailesh : RM 🙂
[13:41]   Vikkas C : shai the last 30 mins candle in NF are SL triggered
[13:41]   Vikkas C : ?
[13:41]   Dave : Hi anyone have values of POC, VAL, VAH from Jan this year
[13:42]   Varun : is this harsh ?
[13:42]   Dave : Hi SHAI, do you jave the everyday values of POC and VAL, VAH
[13:43]   Nandesh : 13:40 Shai : BNf also at vwap change… elaborate it more
[13:43]   Varun : if we can develope some value here
[13:43]   Shai : BNF- BTST trade : Buy 50% BNF here at 19125 and 50% near 19045 sl of 18970 tgt 19225/ 19300
[13:44]   Varun : this could be start of a fresh trend up
[13:44]   Srini A : @Shai, Should we exit 8500PE hedge?
[13:44]   Varun : coming put of big consolidation
[13:44]   Varun : out
[13:45]   Shai : Srin hold for now
[13:45]   Srini A : Ok Sha
[13:45]   Srini A : Shai
[13:45]   Shai : No Dave don’t have a record
[13:45]   Dave : OK SHAI
[13:46]   r m : @Dave, you’ll have to slog thru the blog to find out for every day 🙂
[13:46]   Shai : Nandesh buyers came at the point we chose to exit our intra day short
[13:47]   Varun : shai wht hve u mrked yesterday high in profile
[13:47]   Varun : cos it traded till 18 i think
[13:47]   Shai : 8618
[13:47]   Varun : k
[13:47]   Shai : pdh
[13:48]   Shai : if it won’t come below 8614 then DD completes tom and we finish the week at highest point
[13:48]   Shai : BNF that BTST trade can also pay well
[13:48]   RK : we make a polite request to print 8704 pls 🙂
[13:48]   Shai : that also can finsih higher
[13:48]   Dave : Thats a gud idea RM
[13:49]   r m : @RK, 🙂
[13:49]   Shai : RK upto 8670 F posible
[13:50]   RK : Fine
[13:51]   Tejpreet : 8670F today !
[13:51]   RK : Tej 🙂
[13:51]   RK : let’s take it tmw morning so that Shai will consider 8704 is my wish 🙂
[13:51]   Tejpreet : @RK 🙂
[13:52]   RK : last week we are short of about 20-25 points from his weekly obj so let’s hope he will compensate this week 🙂
[13:52]   r m : lol
[13:52]   Varun : wht tvs motors
[13:52]   Varun : future price
[13:53]   Tejpreet : 237.9
[13:53]   Varun : k
[13:53]   Varun : thanks
[13:53]   Nandesh : 13:46 Shai : Nandesh buyers came at the point we chose to exit our intra day short ..does it mean buyer came at uper band of vwap
[13:56]   Shai : initial short in NF and then some longs
[13:56]   Shai : but bnf all longs
[13:59]   Varun : oflow trade : if 8610 breaks we go to 88, else we rally tmrw
[13:59]   Varun : something shai also said
[14:00]   Varun : i just saw the screen
[14:02]   Shai : in BNF I was looking for that short below VAL all morning -tough luck – have to respect SL
[14:03]   Shai : did that 80% on second attempt in 1 5 min candle
[14:03]   Varun : i was planning to buy below ib break
[14:03]   RK : Yes Shai that was so quick..
[14:03]   Varun : and didnt happen 😉
[14:03]   Varun : in nf
[14:03]   Varun : gt a saclper at 88
[14:04]   Shai : yes in NF also was looking at 8572 to show more sellers
[14:04]   Shai : just the way the mkt runs
[14:04]   Venkatesan : SHAI the E TPO trading above D TPO is indication of some steam left in the market or buyer at the bottm?
[14:04]   Shai : you win some you lose some
[14:05]   Varun : and u save some 😉
[14:05]   r m : 🙂
[14:05]   Shai : 🙂
[14:05]   Ashish : +1 (14:05) Varun :and u save some 😉
[14:06]   Shai : No was rotational today Venkatesan till we broke abv last 30 mins
[14:06]   Venkatesan : thank you shai
[14:06]   Shai : it would be good if we visit vwap and move higher
[14:07]   Sankar : looks like ur wish is coming true.
[14:07]   Vikkas C : new rules RBI
[14:07]   Vikkas C : 3 govt and 3 rbi here on
[14:08]   Vikkas C : for policy meeting
[14:08]   Manoj : RS adjourned for the day
[14:08]   Varun : more satta
[14:08]   Varun : if pol involved
[14:08]   Hemant : 3B Vikkas 🙂
[14:15]   Vikkas C : to think of it that 3-3 new rule for rbi meeting myt be the trigger for this BNF rallt today ..as ppl will think rate cut is imminent now
[14:15]   Varun : and top also
[14:15]   Varun : mo shld be 50 today
[14:15]   Varun : ? rm
[14:15]   Vikkas C : prolly varun
[14:16]   Vikkas C : if 8650 not broken this time then god save the bulls
[14:16]   Varun : 9191 top ws on pol day
[14:16]   Varun : no rate cut day
[14:16]   Vikkas C : 9191 top was on the 2nd rate cute day i soppose
[14:17]   Varun : ya
[14:17]   r m : MO is down to 29
[14:17]   Vikkas C : that surprise rate cut
[14:17]   Varun : yup
[14:17]   Varun : bth were surprise
[14:17]   Vikkas C : yeah
[14:17]   Varun : first for bears second for bulls 😉
[14:17]   Vikkas C : haha..yup
[14:18]   r m : @Varun, that means pigs ruled that day 😀
[14:18]   Varun : mo steam still thr
[14:18]   Varun : lol
[14:18]   r m : yes, MO is not giving any view 🙂
[14:19]   Varun : probably all mo stops would be abv 8665 types
[14:19]   Varun : previous high and all
[14:19]   Varun : flushout of those need out of syystaem first
[14:19]   Varun : good 60/70 abv it
[14:19]   Varun : will do shai’s 8700 type also
[14:19]   Venkatesan : rm the MP looks like side view of golu in chota beam
[14:21]   r m : @Venkatesan, thodi hindi RK ko bhee sikha dena saath beer peete huye 🙂
[14:22]   RK : hindi nahi malum hai 🙂
[14:22]   r m : lol
[14:22]   RK : thats the only hindi I can speak 🙂
[14:22]   Venkatesan : sure rm :))))
[14:22]   Hemant : Bas theek hai RK 😛
[14:22]   r m : lol
[14:22]   RK : Hemant hope you are not teasing me 🙂
[14:23]   Hemant : Nahi no way Sir 🙂
[14:23]   r m : I told Kathir that I know only “Sapad” in Tamil, he commented that it was enough for survival in TN 🙂
[14:23]   RK : our politicians spoiled my generation by keeping away from Hindi education
[14:23]   RK : lol
[14:24]   Porus : 8640
[14:24]   Naveen : Shai positional nf long first tgt hit
[14:24]   Naveen : awesum shai
[14:24]   Naveen : thanks 🙂
[14:24]   Venkatesan : no its diffcult only with saapad but you need saambar too
[14:24]   r m : raging bulls, don’t know how bulls get so much energy from just grass, maybe they are high on other kind of grass!
[14:25]   r m : @Venkatesan 🙂
[14:25]   RK : LVN alert!
[14:26]   Tejpreet : Above this you get your 8704 RK.
[14:26]   Vikkas C : haunted house
[14:26]   Misaal : Arent these huge numbers for sellers ?
[14:26]   Sankar : lol.
[14:26]   r m : LVN at 2:30, deadly combo 🙂
[14:27]   Sankar : Sleepless night for many?
[14:27]   r m : yes Misaal, agressive sellers in red
[14:27]   RK : Tej but Shai made the high just 5 paisa above horror bunglow..pls ask him to open the doors of the bunglow to run away 🙂
[14:27]   Misaal : If the price manages to stay above 34 for a while. They would get worried ?
[14:27]   Tejpreet : Yes just saw that.
[14:28]   Misaal : Vomit as the term varun uses ?
[14:28]   Misaal : used *
[14:28]   Sankar : 😉
[14:28]   Varun : shld hold 25
[14:29]   Varun : 28
[14:29]   r m : 8606 spot high
[14:30]   r m : 8610 spot weekly resistance
[14:30]   Sankar : and LVN 8641.
[14:30]   Tejpreet : Yes 8490-8610 range
[14:30]   Sankar : real deadly resistances..
[14:32]   Varun : whts dpoc
[14:32]   Varun : cant see on screen
[14:32]   Varun : is it still in 90’s
[14:32]   r m : it is at 8580 in my chart!
[14:33]   Sankar : 8580 shown in 30 mins charts.
[14:33]   r m : yes
[14:34]   Varun : yup
[14:34]   Varun : thanks
[14:34]   Varun : it shld move up by close
[14:34]   Varun : else bulls in trouble
[14:35]   r m : ok
[14:39]   r m : NF just probed above poor highs of 24th JUL – http://screencast.com/t/0QUZvkyKV2
[14:41]   Vikkas C : prices never close abv the vwap bands ..
[14:41]   RK : “never” is the word mkt never accepts 🙂
[14:41]   Vikkas C : haha..no but generally asking RK
[14:42]   RK : Vikkas mostly yes it dont close 🙂
[14:42]   Vikkas C : ok thanx RK
[14:43]   RK : so bunglow remains shut as of now 🙂
[14:43]   r m : neutral extreme close somtime happens beyond vwap bands
[14:43]   r m : But NF is NV today
[14:43]   Shai : there aren’t many buyers in this last 40 points of upmove
[14:44]   Shai : NF can do that 8600 revisiit- it is better that it does that first for upmoves
[14:45]   Shai : 8885 should not break tom and is our KRA
[14:45]   Shai : for a close at highs
[14:45]   Sankar : Oh great 🙂
[14:45]   Sandeep : you mean 8585
[14:45]   Shai : 8585**
[14:45]   Sankar : today KRA saved.
[14:46]   Sankar : and hope 8885 comes Shai 😉
[14:46]   Shai : likewise around 19020 BNF
[14:46]   Shai : 19070 spot is where the reluctance is
[14:47]   Varun : need buyers now
[14:50]   Varun : probe to 88
[14:51]   RK : such is the accuracy of that knocking door of LVN first time
[14:51]   Misaal : Do you buy @ DPOC ?
[14:51]   Misaal : 8581
[14:52]   r m : door hai yaa missile launcher hai? 🙂
[14:52]   Shai : yes can buy lower
[14:52]   Shai : wait for greens before you initiate
[14:52]   Misaal : ok
[14:53]   Vikkas C : gr8 RK..i have strated to make notes ot the points discussed here now
[14:53]   RK : Vikkas yes better to liquidate all positions when you hit LVN first time and can buy them on dip or a breakout above
[14:54]   RK : allow some 10-15 points for breakout
[14:54]   Vikkas C : u had mentioned this a few days back i suppose RK and its stuck in my head 🙂
[14:55]   Tejpreet : True Vikkas making notes is the best , even I am doing it …..if we don’t make money trading maybe we can make some by publishing these notes 🙂
[14:55]   Vikkas C : hahahha Tej
[14:55]   r m : @Tejpreet, lol
[14:55]   Venkatesan : lol @ tej
[14:58]   r m : remember those noble laureates of LTCM Fund who bankrupted the fund but earned millions from their writings? 🙂
[14:59]   Shailesh : RM 1997-98 if i am not wrong
[14:59]   r m : yes
[15:00]   Shai : Buyers coming back in NF
[15:00]   Shai : close abv 8616 good today
[15:01]   Shai : can do that 8580 F sl trade for tomorrow
[15:01]   Varun : shai does 8622 have more vol traded than 8586
[15:02]   Shai : No 8586 more
[15:02]   Misaal : Shai, what about the 8640 being tested ?
[15:02]   Varun : ok
[15:02]   Varun : looking for a poc shift up
[15:03]   Misaal : It has done that move. Now you look @ order flow to gauge whats coming ?
[15:03]   Shai : 8640 is that previous LVN from 2 weeks back
[15:04]   Shai : but here we are abv VAH so buyers have upper hand and hnce bullish bias
[15:05]   Shai : NF needs more greens else 8642 will be diff to cross tom
[15:05]   RK : yes thats a key part I think..we are above VAH and saved in this dip..
[15:07]   Varun : vol nt good today
[15:09]   Vikkas C : till now its less then yesterday varun
[15:10]   Vikkas C : yester @ 75.10 and today @ 68.72 till now
[15:10]   Varun : yup
[15:10]   Varun : breakout with low vol nt good
[15:10]   Shai : working- (15:00) Shai :Buyers coming back in NF
[15:11]   Shai : @ Misaal our bias is from Auction Mkt theory
[15:11]   Shai : we look at orderflow to find out what kind of job is being done
[15:12]   Shai : those 2 questions from MoM are the bais of all we do here
[15:12]   Shai : basis*
[15:13]   Misaal : ok
[15:13]   Hemant : Shai, 8500 PE or 8600 PE?
[15:15]   Shai : contra trade wll keep 8644 strict sl
[15:15]   Varun : poc shifted up 🙂
[15:16]   Varun : bulls did a good job, ib r/e, defended ib, poc shifts up and close near vah
[15:16]   Sandeep : by good 42 points
[15:16]   Vikkas C : damn 8580 to 8622
[15:16]   Varun : i was waiting for it
[15:16]   Varun : very must in a spike
[15:17]   Varun : spike holds 9/10 times if poc shifts alongside
[15:17]   Vikkas C : ok one more note 😀
[15:19]   Shai : Hemant has got his artillery in I think 🙂
[15:19]   Shai : some fresh selling’
[15:20]   Hemant : Shai, few puts here and there
[15:23]   Shai : can do 8642 agai at open
[15:25]   Sandeep : bnf also hold that long trade ?
[15:25]   Sandeep : shai
[15:26]   Shai : yes
[15:29]   Venkatesan : than kyou shai,rm varun,rk and frends
[15:29]   Shai : 8615 was where the seller was y’day
[15:29]   Tejpreet : Bye All.
[15:30]   Shai : still few sellers at highs today
[15:30]   Ashish : Thanks and bye all
[15:30]   Shai : Bye all
[15:30]   Gaurav : Bye guys. See you trow
[15:30]   Porus : bye all
[15:30]   Shai : have a nice evening
[15:30]   Manoj : bye
[15:30]   Shailesh : bye all
[15:30]   Hemant : Ty Folks
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Vikkas C : bye all
[15:30]   John : bye all
[15:30]   Srini A : Bye All
[15:30]   Sandeep : bye and thanks
[15:30]   Moses null : bye
[15:32]   Sankar : Bye All 🙂

Room Name: Vtrender
Date and Time: August 06, 2015 09:09:05[09:21]   Sumit K : Shai – IRB levels
[09:25]   VR : shai pl check siemens
[09:28]   Tejpreet : Shai sunpharma done 850 and now into the big gap , positional views now.
[09:38]   VR : siemens 09:37 Shai : trail 1539 5 min sl watch 1574
[09:39]   Shai : irb same view- can’t see it abv 268/ 270 for now
[09:40]   Shai : siemens watch 1574 for signs of profit booking – has done 1539
[09:40]   Shai : eventually see it abv 1612 after a dip
[09:40]   VR : spot levels shai?
[09:40]   r m : yes VR, stock all cash
[09:41]   VR : 1612 with sl 1539 for positional then
[09:41]   VR : thanks rm
[09:41]   r m : welcome 🙂
[09:42]   Shai : sunpharma in that gap zone- best way to trade it is to keep sl below 847 now
[09:43]   Shai : can do 860 intr a if abv 848
[09:44]   Tejpreet : Thanks Shai.
[09:47]   Hemant : Shai good time to get in tata steel? Tate MTRDVR?
[09:49]   Shai : prefer to buy tata steel on strength today – abv 260 levels
[09:49]   Shai : not here
[09:49]   Hemant : Ok Shai
[09:50]   Shai : dvr is roatating- not doing much
[09:50]   Hemant : Whats the resistance on DVR?
[09:50]   Shai : break of 255 or 266 can give a ride to either 236 or 280
[09:51]   Hemant : Got it Shai
[10:01]   Hemant : Shai, Tata DVR and Steel both over 260.. can buy here?
[10:02]   Hemant : For 270 odd levels ?
[10:03]   Shai : steel can do 267
[10:03]   Shai : dvr avoid
[10:03]   Hemant : Ok Shai, many thanks
[10:21]   Gaurav : Century Tex looking good here Shai?
[10:35]   Sumit K : Shai – Bosch levels
[10:40]   Shai : century good abuy will come around 709- 712 – add abv 728 supply
[10:42]   Ashish : Shai, please advise ACC upper targets.
[10:42]   Shai : bosch uptrend intact abv 25825 and can tgt 27325
[10:42]   Srini A : Shai, IDEA looks good buy with today’s move?
[10:42]   Gaurav : Thanks Shai
[10:44]   Shai : acc may be headed to 1445
[10:45]   Shai : 1392 intra day supp
[10:45]   Shai : 1360 psitional supp now
[10:45]   Ashish : Thanks a lot Shai
[10:47]   Shai : idea intra day move may be getting done here at 169.6 but buy the dip to 166 can give you 174/ 177 if you carry
[10:47]   Shai : close abv 166 .7 good in idea today
[10:48]   Srini A : Thanks Shai. Will keep a watch
[10:48]   Mohul : SHai Hows Coal India poised?
[10:48]   Hemant : Shai, view on Hexaware
[11:26]   Vikkas C : shai pls look at sksmicro for short ?
[11:31]   Shai : coal india tremding lower from yesterday- supp at 425
[11:31]   Shai : positionals have big support at 405
[11:32]   Shai : hexaware 272- 276 huge support zone
[11:33]   Shai : can think of positional monthly play with stops below 255 there
[11:33]   Mohul : Thanks
[11:34]   Shai : sks 544 should come on the short
[11:35]   Vikkas C : gr8..thanx ..
[11:35]   Shai : short all rises to 578
[11:35]   Shai : 552 part book
[11:35]   Vikkas C : super shai ..appreciate it
[11:59]   RK : Shai relcap offers shorts here or can wait?
[12:03]   Shai : relcap weak below 391
[12:03]   Shai : can give you 373
[12:04]   RK : thanks Shai
[12:07]   Vikkas C : shai view on bpcl for going long ?
[12:10]   Nandesh : can SH Rel cap now @390
[12:11]   Shai : bpcl good abv 935 all day- positionals are having a very good base at 904
[12:11]   Shai : tgt is 960 to begin
[12:11]   Vikkas C : gr8 thanx shai
[12:15]   Hemant : Shai, were is Yes bank a buy here?
[12:16]   Hemant : I mean, is yesbank a buy at current levet arond 225-230?
[12:17]   Vikkas C : yesbank trading at 830 😉
[12:18]   Hemant : Vikkas, just want to where to place a buy at.. have been shorting it for a bit
[12:20]   Nandesh : rel cap short at 390 … guide us
[12:21]   Shai : yes bank intra day supp at 824
[12:22]   RK : Nandesh better to short relcap below day low
[12:23]   Shai : relcap is weak here and keep sl abv 394
[12:23]   Nandesh : k
[12:27]   RK : LT back to the place where it closed before that result day dump..
[12:27]   RK : so all bad result digested now? 🙂
[12:31]   Hemant : Looks like RK 🙂
[12:31]   Hemant : Any trades here?
[12:32]   RK : Hemant risky today with any trades with such slipping out moves..better Shai confirms..
[12:33]   RK : chances of failed moves possible today
[12:37]   Hemant : Ok RK 🙂
[12:58]   Gaurav : How does IGL look Shai? Good move in that
[13:00]   Shai : igl spike
[13:00]   Shai : 488 now supp can still do 526
[13:00]   Gaurav : Positional looking 550+?
[13:03]   Shai : have to watch 526
[13:04]   Gaurav : ok Thanks Shai
[13:45]   Nandesh : should i remain in SH in relcap
[13:47]   Gaurav : Havells looks here Shai above 275?
[13:52]   Shai : havels rangebound higher res still at the gap of 287
[13:53]   Gaurav : Thank you
[13:55]   Nandesh : put some light on relcap its hangging around 394
[13:55]   RK : Nandesh 394 on spot is SL
[13:56]   r m : “(12:03) Shai :relcap weak below 391(12:03) Shai :can give you 373”
[13:56]   r m : “(12:23) Shai :relcap is weak here and keep sl abv 394”
[13:57]   Hemant : RM, that doesnt sound like a hold for now 🙂
[13:57]   Hemant : It might to down, but after eating up the stop loss
[13:57]   RK : Relcap was bullish for 2-3 days and today respecting Shai’s SL despite mkt ran up..so better to stick to SL till EOD and take a call
[13:58]   r m : @Hemant, you mean you would like to know if the views have changed since 12:23? 🙂
[13:58]   Hemant : RM I would like to know where the money is 🙂
[13:58]   RK : my logic is no change in view as it didnt move up despite mkt ran up..so keep SL in place 🙂
[13:58]   r m : lol
[13:59]   RK : Hemant let us know once you find it 🙂
[13:59]   Manoj : Axis bank intra can do 589.55 in csh ???
[13:59]   Hemant : I wil RK 🙂 Searching and scanning 🙂
[14:00]   RK : we all Hemant..you are not alone..one day gets it in flower pots but another day rotten sack welcomes us..lets keep searching 🙂
[14:00]   r m : @Hemant, now i know whom to follow for money 🙂
[14:00]   Hemant : Agreed RK. I’m still looking to short something 🙂
[14:01]   RK : lol dangerous habit as one needs to always spend entire energy to swim against 🙂
[14:04]   Hemant : RM RK you folks are our guiding light, no worries we trade with
[14:05]   Hemant : the only restriction is the size of our accounts
[14:05]   RK : 🙂
[14:08]   Shai : axis diff to get past 585 intra
[14:08]   Manoj : ok
[14:15]   RK : Man another stock running above to close at highs before results..TTM..
[14:16]   RK : we had HCL and LT made such close before result to gap down 3-5%
[14:16]   Hemant : TTM Puts ?
[14:17]   RK : last season had a poor result to gap down at 5% for TTM..
[14:17]   RK : this time stock has already priced in all bad news flow due to china down..so dont know whats in store
[14:18]   Vikkas C : but with ttm if its rallying before result then 9/10 times it has continued the rally ..
[14:19]   Vikkas C : but as RK put it up ..too risky this time
[14:19]   Hemant : If thats the case, better to hold back
[14:19]   Hemant : Looking for something without any results coming 🙂
[14:20]   RK : Vikkas somewhat right..TTM closing price from the day open continues on result day
[14:20]   Vikkas C : 🙂
[14:27]   Hemant : Hope for UPL?
[14:55]   Vikkas C : L&T zoomed offfff
[14:59]   Vikkas C : was wondering if not much hassel for shai is it possbile for u to update nifty 50 stocks with LVN’s and HVN’s weekly or monthly basis on the blog ?
[15:04]   Tejpreet : Shai unionbank for anticipatory short.
[15:08]   Shai : union 216 and abv 216 is 230
[15:08]   Shai : unless u want to keep sl abv 232
[15:11]   Tejpreet : Thanks …sl to far way… risky.
[15:13]   Shai : spiky vol coming so may pull up abv 216 tom
[15:13]   Shai : if not short tom
[15:14]   Tejpreet : ok will see tommorow
[15:20]   Hemant : ACC any ideas?
[15:21]   Hemant : DVR worked out bad.. Very late move.
[15:27]   Shai : acc maintain same view
[15:27]   Shai : 1445
[15:29]   Hemant : Ok Shai, popped up on a scan. Bought at 1404.something