OrderFlow charts and Notes 08/09/15

[08:47]   r m : Good Morning folks!
[08:47]   r m : http://vtrender.com/levels-and-plan-for-8th-sept-2/
[08:48]   r m : http://vtrender.com/big-picture-chart-1/
[08:48]   r m : http://vtrender.com/orderflow-charts-and-notes-070915/
[08:48]   r m : http://vtrender.com/consolidated-orderflow-070915/
[08:48]   r m : Nifty SEP Future levels | KRA 7510 | Hypo1 above 7617➜7675➜7725➜7810 SL 7570 | Hypo2 below 7555➜7508➜7449 SL 7629
[08:48]   r m : Banknifty SEP Future levels | KRA 15626 | Hypo1 above 15976➜16158➜16355 SL 15824 | Hypo2 below 15790➜15625 SL 15895
[08:48]   Anay : GM All
[08:49]   Porus : GM RM and all
[08:50]   r m : Hi Porus
[08:58]   Chandrashekhar : GM all
[09:03]   Tejpreet : GM All.
[09:03]   Aayush : gm all
[09:04]   Shai : GM all
[09:04]   Tejpreet : Shai lovely article on current market view …no mumbo jumbo no financial jargon …clear and precise views in a simple language . Great stuff !
[09:05]   Augustin : GM all
[09:05]   Vikkas C : GM all
[09:05]   Vikkas C : hi RM
[09:07]   Porus : Yes, Shai, Tej, the larger picture now makes more sense.
[09:08]   Sharad : GM all
[09:08]   Kathir : GM Shai RM all friends
[09:08]   Ashish : GM all
[09:08]   Sandeep : gm all
[09:10]   Hemant : GM folks
[09:11]   Moses : GM All
[09:12]   RK : GM Shai,RM and all
[09:12]   Shai : Thanks Tejpreet, Porus
[09:12]   Shai : glad it helps
[09:12]   Srini A : GM All
[09:13]   r m : Hi Vikkas, Kathir, RK 🙂
[09:13]   R Goel : hello all
[09:13]   R Goel : GM
[09:13]   R Goel : Shai a brilliant post liked it a lot 🙂
[09:13]   Girish : Hello all
[09:14]   Shai : Thanks RG
[09:15]   Shai : so these next 2 weeks are critcial for the range of the market over te next year an a half
[09:15]   Shai : let’s see what happens
[09:16]   John : GM all
[09:16]   Vikkas C : NF o=h
[09:16]   Shai : back to today’s auction, we are in a spike with stuck buyers near 7620
[09:17]   Shai : 7621- 7560 spike zone
[09:18]   Sankar : GM Shai, RM and everyone 🙂
[09:18]   r m : Hi Sankar
[09:18]   Augustin : @Shai – Will revisit 7620?
[09:19]   Shai : yes abv spike lows that possible
[09:19]   Augustin : Tks
[09:19]   Shai : 15976 ref area BNF
[09:19]   Uttam : GM All
[09:19]   Sandeep : shai holding that ce of 7700 bought yesterday
[09:20]   Sandeep : targets for that
[09:20]   Shai : exit if 7615 does not cross
[09:20]   Sandeep : okay
[09:21]   Uttam : yes Shai very good article
[09:21]   Augustin : @Shai – Can re-enter 7500 pe?
[09:22]   Sandeep : shai good article, market on tenterhook
[09:22]   Shai : OF not very good again at supply point day
[09:22]   Shai : 7621 cross can give 7620 as open trying to be a drive again
[09:23]   Uttam : 7621 cross can give 7680 u mean?
[09:23]   Shai : Buy NF over 7625 sl of 7594 tgt 7660/ 7675
[09:24]   Shai : yes
[09:24]   Shai : we use 7625 as trigger
[09:25]   Shai : just abv spike highs and y’day morning lows
[09:25]   Shai : alos 80% will be in play
[09:26]   Shai : orderflow shows a seller though
[09:26]   R Goel : lot of sellers at the top
[09:27]   Naresh : what is 80% ?
[09:28]   r m : Entry in Value Area from outside and traversing across Value area is 80% rule, named because of 80% success rate perceived
[09:28]   Shai : just looking like yesterday now
[09:28]   Shai : vwap crucial
[09:32]   Shai : if taken ce’s y’day exit them for now go long abv spike highs only
[09:32]   Ashish : Shai, can enter banknifty as per Hypo-1 now?
[09:33]   Porus : look at usdinr..!
[09:33]   Hemant : Modi is meeting some industrialists today.. lets see if this would affect the trends in India
[09:33]   Shai : No- not shoing enough buyng
[09:33]   Tejpreet : I think nifty wll spike below 7520 to flush out all hopeful bulls before we get any meaning ful bounce.
[09:33]   Ashish : Ok shai, that was the doubt…thanks
[09:34]   Shai : can work that BNF hypo abv 16066 with stops below 15950 and push for shortcovering to happen
[09:36]   Ashish : Ok Shai
[09:36]   Augustin : @Shai – Below VWAP, BNF can be shorted?
[09:36]   Shai : yes
[09:36]   Shai : tgt 15888
[09:36]   Augustin : ok
[09:37]   Shai : lots of sellers at hghs
[09:38]   Shai : Sell BNF 15990 sl of 16065 tgt 15888/ 15834
[09:40]   Shai : all those reds in 30 mins chart could be the stuck buyers liquidating
[09:40]   Shai : rather than new shorts
[09:42]   Shai : sl in BNF is yvwap
[09:42]   Shai : enter in system as potentially can zoom up if crossed
[09:45]   Misaal : 7500 Sl @ 109 ?
[09:45]   Misaal : Put
[09:47]   r m : Shai : (11:02) Shai :weekly 7500 put : sl would be 59 tgt 163/ 198 buy avg price is 115
[09:48]   Misaal : Think he updated it later.Just want to be sure if it still holds
[09:48]   Augustin : Think Shai has a TSL of 112 on that, if I remember
[09:50]   Gaurav : Buy BNF?
[09:50]   Uttam : BNF shorts SL hit
[09:51]   r m : OK Augustin
[09:52]   r m : Shai : (15:22) Shai :part book 7500 pe- trade at 146 . sl is 105 on bal position now
[09:52]   r m : got it
[09:52]   Misaal : Do you save the history, or is there a place where it can ve viewed ?
[09:53]   r m : (08:48) r m:http://vtrender.com/orderflow-charts-and-notes-070915/
[09:53]   Augustin : It’s published in the Blog every evening @Misaal
[09:53]   Misaal : Oh
[09:53]   r m : the link is there in announcements
[09:53]   Shai : BNF stop hit
[10:01]   Sandeep : bnf now going down 🙁
[10:03]   RK : yday vwap 16100 was the ref as per blog post I kept as SL for BNF
[10:05]   Augustin : @Shai – NF can be shorted at VWAP?
[10:06]   RK : I feel today’s IB crucial..so better to wait till IB done and look for range extension to initiate positions
[10:07]   Augustin : Ok
[10:07]   Kathir : RK here it shows 16065?
[10:07]   Shai : Augustin yes – more weakness now if spike lows break
[10:07]   Shai : aucton in the spike
[10:07]   Augustin : Tks Shai
[10:08]   r m : @Kathir, it was 16091 in my chart
[10:08]   RK : Yes here it shows 16065.Shai which one should be followed?..me always taking ref from post
[10:08]   r m : 16087 high 🙂
[10:08]   Shai : 16100 is yvwap
[10:09]   Shai : will check on why we have 16065 here
[10:11]   Kathir : @RM ok
[10:17]   Ashish : Shai, Nifty buy above 7625 is still valid or negated now?
[10:17]   Shai : still valid
[10:17]   Ashish : OK
[10:25]   RK : Shai on longer TF, as you narrated in weekly post, if we consider 50% of 5600-9100 is held, then would that mean again a move towards 9100 + extend the range in next 1 year..
[10:25]   RK : ?
[10:26]   Shai : Then the DD play is In with a POC centered at 9300
[10:27]   Uttam : 8300
[10:27]   Shai : could be an extended time in 7600- 9400 roughly
[10:27]   Shai : 8300 yes 🙂
[10:27]   Uttam : Shai the 7400 PE is a hold for minimum lot at least right?
[10:27]   RK : great 🙂
[10:28]   Shai : some buyers in NF
[10:28]   Ashish : BNF is leaving behing all the reds
[10:32]   r m : still sellers at IBH
[10:34]   Ashish : RM, would love to see greens @ DPOC in daily candle now 🙂
[10:36]   r m : muddat ho gayee dekhe huye 😀
[10:36]   Ashish : haha, Chalo shaayad aaj dekh hi lo 😉
[10:36]   r m : ummeed pe duniya … 🙂
[10:37]   Tejpreet : The only green seen since long is rm msgs in green font 🙂
[10:37]   Ashish : LOL Tej
[10:37]   r m : last bull standing 😀
[10:37]   RK : Tej what timing 🙂
[10:37]   Kathir : lol
[10:38]   Augustin : LOL
[10:38]   RK : RM better go for red so that we can see green in terminals 🙂
[10:40]   Vikkas C : see the EOD chart of BNF ..only RED :s
[10:42]   Kathir : mo -67
[10:45]   r m : @RK, on bear’s requet 🙂
[10:45]   r m : *request
[10:45]   Kathir : 🙂
[10:45]   Tejpreet : 🙂
[10:45]   Kathir : now nf will go below 7500 🙂
[10:46]   RK : lol..bear role done by close yday 🙂
[10:46]   RK : we want green bounce to take the bear role again..hope your colour change will give us bounce 🙂
[10:47]   r m : lol
[10:49]   Vikkas C : last 2-3 candles in 5 mins chart have been noticing the selling is getting neutralised ?
[10:56]   Shai : still an open auction at vwap/ dpoc
[10:56]   Shai : vol has dropped as it would around 11 am
[11:03]   Vikkas C : RM since u have turned red bears have become more aggressive :p
[11:03]   r m : 🙂
[11:04]   Kathir : RM gave some clue to his FII friends by changing the font colour to red 🙂
[11:04]   Shai : Sell BNF 15945 sl of 16010 tgt 15888/ 15835
[11:04]   Kathir : @shai any fresh short entry nf bnf ?
[11:05]   Shai : keep limit order to sell
[11:05]   r m : Dhobi ka kutta … main kala hee theek hoon 🙂
[11:05]   Vikkas C : nahi sir green mein aao
[11:06]   Tejpreet : First green to red now black implying black tuesady 🙂
[11:06]   r m : @Vikkas, wo to dollar kar color hai 🙂
[11:06]   Rahul P : Daily delta of -0.6 million
[11:06]   Rahul P : too many shorts in the sysem
[11:09]   Prakash : China on 45 degree post lunch… likely repeat of Aug 31
[11:10]   Shai : keep BNF sl abv 16022
[11:15]   Vikkas C : PM meeting with India INC
[11:16]   Vikkas C : can trigger a fast dead cat bounce
[11:17]   r m : highly unlikely, india inc is a commatose cat 🙂
[11:18]   Uttam : BNF SL hit
[11:19]   Rahul P : feel IB should break this time going up
[11:20]   Prakash : PM meeting + this (11:09 Prakash : China on 45 degree post lunch… likely repeat of Aug 31) china +ve now
[11:20]   Rahul P : @ Prakash, Shanghai is still -1.4 %
[11:21]   Prakash : @rahul now its +0.02%, https://www.google.com/finance?q=SHA:000001&ei=Rm7uVcmdGIfpuASB2awo
[11:22]   Shai : BNF stopped
[11:23]   Vikkas C : RM getting ready for dead cat bounce
[11:24]   RK : Guys no use to check China mkts in financial blogs which lags 5 min in updating..before they update it turns +/- 2% 🙂
[11:24]   Prakash : @Rahul https://twitter.com/passion2trading/status/641127030231187456/photo/1
[11:24]   Vikkas C : hahaha RK
[11:39]   Prakash : Euro getting ready for -ve open, DAX crashes 60 pts in 10 mins now -ve
[11:41]   r m : Someone has taken a vow to not to leave any stop untouched today 🙂
[11:42]   Uttam : 🙁
[11:43]   Anay : the 7600-7620 sellers can be forced to cover above 7630
[11:43]   Ashish : USd/INR, heavy volume now
[11:43]   Ashish : buy triggered in NF
[11:43]   Naveen : buy triggered
[11:43]   Anay : just like the buyers were forced to liquidate yest
[11:44]   Uttam : yep NF buy active
[11:52]   Kathir : whats 1st trgt NF now Shai?
[11:53]   RK : 7660 and then 7675 Kathir
[11:53]   Rahul P : ypoc / yvah ?
[11:55]   Kathir : RK thanks
[11:57]   Shai : part Book NF near 7646 and we will keep bal for 7675 with stops at 7616
[11:57]   RK : Shai possible to hit those 16300 sellers in this move
[11:57]   RK : ?
[12:00]   Shai : the POC visist was the high probabaility trade – f we stay abv then that brokedn 17350
[12:00]   Shai : 16350
[12:00]   RK : POC resists now
[12:01]   RK : ok another short covering here may push it
[12:04]   RK : ok entering bear den of 7660 🙂
[12:07]   Shai : yes that 7660- 75 zone has yesterday selling
[12:08]   Shai : POC is lower today and OrderFlow is not shwing buying at highs
[12:08]   Shai : still suspect this move on weekly scales
[12:08]   RK : so its trend followers Vs Value buyers tussel there 🙂
[12:08]   Vikkas C : EOD showing only red
[12:09]   RK : When Shai says suspect then expecting thud by close or by open tmw RM 🙂
[12:09]   Vikkas C : shai chk the sell @7645 on 30 mins chart
[12:09]   Vikkas C : huge number
[12:09]   Ashish : 1 green @ 7640 vs 2 reds on top
[12:10]   r m : @RK, 🙂
[12:10]   Shai : 7810 was like this- if you go back and look at the charts posted under consolidated
[12:10]   Shai : 3 days POC stayed at 7810 and piled up sellers
[12:11]   Rahul P : Shai, is it normal for daily delta to be so high ?
[12:11]   Rahul P : more than 1 million now
[12:13]   Shai : Ignore Delta Rahul
[12:14]   Rahul P : ok
[12:14]   Shai : we don’t use day gigure here
[12:14]   Shai : figure
[12:14]   Shai : NF intra day is alright abv IBH but at close if these reds remain we will go into 7500 puts again
[12:31]   Shai : some greens coming back
[12:40]   Anay : looks like the morning greens have liquidated near ypoc #dailyprofile
[12:40]   Anay : #dailyOF
[12:40]   Vikkas C : anay even i have seing that and longs look scary at this point
[12:43]   Vikkas C : shai arent the volumes lesser comparatively today ?
[12:43]   Shai : no fair enough vols
[12:43]   Vikkas C : ok
[12:44]   Shai : I would have loved to go contra here for a 7850 or 7950 with stops below 7500 F for a few sessions
[12:44]   RK : really want to see how 7660 acts here at 7660
[12:44]   Rahul P : holding partial longs from 7626…feel 7680 will be tested
[12:44]   Shai : but I dont see a tail at the lows telling me for certain that the lows are in
[12:45]   Shai : even then BNF is a dip Buy I feel for 16800 with sl at yesterday lows which was a major number
[12:47]   Shai : a contra trade is there in BNF for 16576 and 16896 with sl below 15950 F, cmp 16220
[12:47]   Shai : Not intra – hold for 2- 3 sessions
[12:48]   Aayush : whats a good price to enter?
[12:48]   Shai : I’ve kept a buy open near 16128 and am into a small size already
[12:48]   Aayush : ok
[12:49]   Augustin : @Shai – Targets for 16500ce?
[12:50]   Shai : Augustin I ddon’t have data for BN options
[12:51]   Uttam : tday’s low could be a good reference point as SL for 16500 CE i feel
[12:51]   Shai : yes
[12:51]   Augustin : Ok Shai
[12:51]   RK : MO again shown is creditability 🙂
[12:51]   Augustin : Tks Uttam.. I will keep SPOT as a reference as well
[12:51]   RK : *its
[12:54]   RK : first sign of sellers
[12:54]   Shai : we are also entering the singlemprints of yesterday in BNF which is short term positive for buyers
[12:56]   r m : @Shai, exit NF here fully?
[12:56]   Shai : NF at tgt – 11:57) Shai :part Book NF near 7646 and we will keep bal for 7675 with stops at 7616
[12:56]   Shai : can hold for 7725 with sl under 7639
[12:56]   r m : Thanks Shai )
[12:56]   r m : 🙂
[12:58]   Sandeep : oops i booked fully 🙂 will wait for next trigger
[12:58]   r m : best to book fully and add a part lower 🙂
[12:58]   Vikkas C : +1 RM
[13:00]   Shai : It’s ok keep buy abv 7681 with sl below 7660 for 7725/ 7790
[13:01]   Shai : let’s see if we get some swing abv 7681
[13:02]   r m : wow!
[13:02]   r m : BN ko gussa kyon aata hai 🙂
[13:03]   Augustin : 🙂
[13:03]   Naveen : buy triggered
[13:03]   Naveen : 🙂
[13:03]   r m : yes
[13:04]   r m : 2IB in NF
[13:07]   Rahul P : Shai, can you please explain why are we targetting 7725 inspite of thick reds at top ?
[13:09]   Shai : Cos price is abv POC and we have single prints abv 7680
[13:09]   Shai : check BNF chart- same thing just happened
[13:10]   Shai : (12:54) Shai :we are also entering the singlemprints of yesterday in BNF which is short term positive for buyers
[13:10]   r m : 7725 – http://screencast.com/t/9C2af72EeH
[13:12]   RK : 7725-7790 is missile launch 🙂
[13:12]   r m : lol – ISRO in heavy demand
[13:12]   RK : yes 🙂
[13:13]   RK : whenever we get there, better to hit F1 quickly 🙂
[13:13]   r m : 🙂
[13:17]   Chandrashekhar : chart not updating?
[13:18]   Shai : ?
[13:18]   Tejpreet : working fine
[13:18]   RK : fine here..pls relogin Chandrasekar
[13:18]   Shai : Keep NF sl at 7655 for the second buy abv
[13:20]   Chandrashekhar : Logged in again, its working now
[13:25]   Sandeep : shai had sold bn ce of 16000 in the morning at 420, forgot to cover ,should wait or cover here
[13:27]   Vikkas C : shai do we have a trend change in NF and BNF ?
[13:28]   Vikkas C : or this rally shud be used to build shorts again ?
[13:28]   Vikkas C : confused
[13:29]   Shai : Sandeep cover if we cross 16350
[13:31]   Shai : Vikkas one day does not change a trend
[13:31]   Shai : trend is weak below 7940
[13:31]   Vikkas C : agreed thanx shai
[13:33]   Hemant : Shai, these are fresh longs ?
[13:34]   Tejpreet : The way things are moving looks like RK your missile will be launched overnight in Nifty and we will come to know about it morning.
[13:35]   Shai : there are greens abv 7655 in the 5 mins
[13:35]   Uttam : Shai 7400 PE is a hold for minimum quantity
[13:35]   RK : until 8000 F is taken out, its a good opportunity to sell the rises but of course after getting sell signals..no anticipatory 🙂
[13:36]   RK : in the mean time, prepared for 7850 and even 8000 F also
[13:37]   RK : @Tej
[13:40]   Ashish : test
[13:40]   RK : (13:40) Shai :exit the NF longs at cost here
[13:40]   Shai : Thanks RK
[13:41]   Uttam : done…bnf are to be held right for 2-3 sessions?
[13:41]   Shai : something big is coming in last hour- careful with risk here can see 7620 or 7780 from here
[13:43]   Misaal : is it the delta figure that tells you that ?
[13:43]   Vikkas C : EOD is filled with red ..dont know whats going to happen EOD
[13:44]   Tejpreet : Shai could these reds be the morning buyers liquidating and the OTF enetr now in last hours .
[13:47]   Shai : Auction is not moving up with the proper orderflow so what I meant was eiher all these shorts cover or we fall down big
[13:47]   Shai : as we moved up in the singles the sellers instead of liquidating are adding
[13:48]   Shai : 7655 red l=point now and below that we should see IBH / Vwap
[13:48]   RK : dont get a feel that there was short covering..
[13:48]   Shai : ref*
[13:49]   Vikkas C : vwap and ibh almost same same
[13:49]   Shai : yeah a technical relief rally which is being also used t add shorts
[13:49]   Tejpreet : Thanks
[13:51]   Uttam : Shai at what levels do we look to re-enter long here in NF?
[13:52]   Shai : abv 7690
[13:52]   Chandrashekhar : now that PM meet is over, if we go above days high BOOM 🙂
[13:52]   Uttam : SL will be 7655?
[13:52]   Shai : yes
[13:52]   Uttam : thanks
[13:53]   Shai : BNF looks alright to hold
[13:53]   Shai : yesterday’s fall did not have heavy sellers at lows and neither did the day before one
[13:53]   RK : by bias looks at any move upside as flushout # has to get rid of this 🙂
[13:53]   RK : though not having any big posns
[13:53]   Uttam : great 🙂 but for bnf cross above 16350 will be more ideal for bullish move to continue?
[13:54]   Hemant : Shai, 7700 pe any targets for this one?
[13:56]   Vikkas C : so anyone expecting a rate cut tomo mrng ?
[13:56]   RK : Vikkas can tell you that by 3.25 🙂
[13:56]   Vikkas C : will wait for it Rk..
[13:57]   Vikkas C : 😀
[13:57]   RK : more greens in last 5 min means some announcement 🙂
[13:58]   Vikkas C : hahaha
[13:58]   Shai : FED on 17th and RBI on 27th- one hike and the other a cut as per mkt now
[13:58]   Shai : FM will be on air at 3 pm
[13:59]   Shai : briefing on that high level meet
[13:59]   Vikkas C : gut feel says tomo mrng rate cut coming
[13:59]   Vikkas C : but cant trade on gut feel 🙁
[13:59]   r m : 🙂
[14:00]   r m : trade on AJ feel :
[14:00]   Misaal : Think, we will wait till fed meet
[14:00]   r m : 🙂
[14:00]   Aayush : rate cut doesnt make sense
[14:00]   r m : BNF again gets busy
[14:01]   Hemant : BNF big seller hit
[14:02]   Shai : BNF technically 16556 possible now intra if it stays abv 16299
[14:02]   Rahul P : that seller back to defend
[14:03]   Shai : one part of the mkt knows something and is pushing it up
[14:03]   Shai : and the other part is selling
[14:06]   RK : I think this vol spike at VAH is the highest one of the day
[14:08]   Shai : yes p there
[14:08]   Shai : up*
[14:08]   Shai : BNF is non stop
[14:08]   Shai : intra trade is on for that 16555 if you can manage the risk
[14:09]   Shai : can’t put it out as an alert as risk is big
[14:11]   Rahul P : can we short here with small stop loss of 7705 (behind the big seller ) ?
[14:13]   Shai : no
[14:14]   Shai : when price probes singles wait for the probe to complete
[14:14]   Shai : see BNF doing all the singles in y’day and day before profiles
[14:14]   Shai : all on the blog
[14:15]   Shai : 16556 – 16575 is the HV now attracting price
[14:17]   Hemant : Shai is it a good time to get some puts? Jaitly doesnt invoke a lot of trust
[14:17]   Shai : 🙂
[14:17]   r m : lol
[14:17]   Shai : can here for tom not today but keep some open qty to be added at close
[14:17]   RK : Hemant cheers 🙂
[14:18]   Hemant : Ok Shai 🙂
[14:18]   Hemant : Cheers RK 🙂
[14:18]   RK : BNF want to do all the move before AJ appears on screen 🙂
[14:18]   Shai : grapevine says that industry asked for GST righaway and PM agreed
[14:18]   Hemant : Its not as if Modi is announcing a rate cut after all 😛
[14:19]   r m : also PM can’t bring GST thru ordinance, it is a constitutional amendment
[14:19]   Hemant : Shai, the grapes go that way.. the vine comes this way 🙂
[14:19]   r m : 🙂
[14:19]   RK : but PM was always ready to offer GST..its RG to nod 🙂
[14:19]   r m : @Hemant, you sure love red wine 🙂
[14:20]   Aayush : shai, nf shud book here or hold?
[14:20]   Hemant : RM, I dont remember the time when I said a no to a shaply red full bottled vine 🙂
[14:20]   RK : Man 7724 printed on NEST but not taken my order there.seems entire room is in demand of that 7725 🙂
[14:20]   r m : lol
[14:20]   Naveen : Shai book nf or hold??
[14:21]   Shai : hold – can boom abv 7725
[14:21]   Naveen : thanks 🙂
[14:22]   Kathir : what trgt above 1125 today Shai?
[14:22]   Hemant : Kathir .. its got to be 0 😛
[14:22]   Kathir : sorry 7725
[14:22]   Aayush : keep buy abv 7681 with sl below 7660 for 7725/ 7790
[14:22]   Kathir : ok thanks aayush
[14:25]   Hemant : Shai, VIX targets?? Just curious
[14:25]   Prakash : just now came back after bankers meet @ office, lots of green on screen with red carpet on OF
[14:28]   Hemant : what the 😛
[14:28]   Shai : vix tgt 21.42
[14:28]   Augustin : Someone has set the BNF tail on fire today!!!! 😀
[14:28]   Shai : 7736- can add back booked longs for 7790 sl of 7703
[14:30]   Shai : (12:47) Shai :a contra trade is there in BNF for 16576 and 16896 with sl below 15950 F, cmp 16220
[14:30]   Shai : sometimes BNF makes a mockery of all the timing models 🙂
[14:30]   Shai : that was supposed to be a 2 days hold
[14:31]   Aayush : bt its fr the good 😉
[14:31]   Augustin : SL or Target – Let it do in a day.. 😉
[14:31]   Shai : yeah except that I don’t have enough
[14:32]   Tejpreet : 🙂
[14:32]   Sankar : Shai, the overall delta today is big red. is that a concern?
[14:32]   Sankar : I was disconnected in between, not sure if this was already discussed.
[14:33]   r m : @Shai, the down targets on weekly spot also were being met on monday itself 🙂
[14:33]   Augustin : still 1 hour to do. Suddenly BNF looks like, it has all firepower to do another 500 points 😉
[14:33]   Augustin : go*
[14:33]   Shai : Sankar ignore the day delta- it is not valid
[14:33]   Sankar : Tx :).
[14:33]   Shai : let me try to explain
[14:34]   Sankar : Please. that will be great.
[14:34]   Shai : we work on vol at price as in delta at the horizontal price level
[14:34]   Shai : suppose some one comes and sells 20L at 7704 and covers 10 L at 7710 it will still show a negative day reading
[14:35]   Shai : it is not a representation of the full mkt
[14:35]   Rahul P : shai, whats your view on the huge shorts added in system ?
[14:35]   Sankar : Ok.
[14:35]   Shai : we have to take some puts
[14:36]   Shai : thos may visist 7600 again
[14:36]   Kathir : buy now shai?
[14:36]   Ravi : shai can i buy nf with sl 7703?
[14:36]   Shai : for now it is up but may not sustain as a trend change
[14:36]   Sankar : I thought u will say 7695.. single print.. didn’t expected 7600 though.
[14:36]   Sankar : 😉
[14:37]   Shai : yes Ravi- reduced sixe now
[14:37]   Shai : size*
[14:37]   Sankar : anomoly* sorry.
[14:39]   r m : 7600 is dpoc I think
[14:40]   Uttam : puts have to be taken at close Shai?
[14:40]   Sankar : come on bulls.. bring DPOC up.
[14:41]   Shai : will update uttam
[14:41]   Shai : but for now yes
[14:41]   Uttam : thanks Shai
[14:42]   Shai : this is all emotional buying as vwap and dpoc are out
[14:42]   Shai : plus orderflow also not there to supp
[14:42]   Uttam : oh ok, BNF do we trail the SL or hedge by adding PE there too?
[14:43]   Shai : BNF also part book here – we are up 200 points
[14:43]   Rahul P : is it still a buy ?
[14:43]   Uttam : okies thanks
[14:43]   Shai : BNF still a buy around 16310
[14:50]   Suyash : what is the dPOC for nifty?
[14:50]   Kathir : should be 7600?
[14:51]   Suyash : wow that’s 130 pts from where we are now
[14:51]   Kathir : @suyash in the full day chart you can see dpoc thick blue line
[14:51]   Suyash : oh okay. Thanks Kathir!
[14:52]   Kathir : 🙂 welcome for you bnf will is better 450 points from here 🙂
[14:52]   Shai : 🙂
[14:53]   Sankar : lol kathir :). good consolation for NF traders.
[14:53]   Kathir : 🙂
[14:54]   Ashish : Guys, do we have any open calls in NF or BNF? Sorry facing net problems 🙁
[14:54]   Aayush : keep buy abv 7681 with sl below 7660 for 7725/ 7790
[14:54]   Girish : Trail BNF with SL at 310, Shai ?
[14:55]   Ashish : Thanks Aayush…
[14:56]   Sankar : @Shai, if we combine last three days, still this recent upmove needs repair?
[15:00]   Shai : yes Girish 16299 a good stop in BNF now
[15:01]   Vikkas C : and it starts
[15:01]   Vikkas C : AJ
[15:01]   RK : he is on live?
[15:02]   Kathir : yeah
[15:02]   Kathir : and sellers also started 🙂
[15:02]   Vikkas C : yes RK
[15:04]   RK : fine
[15:05]   Naveen : did i miss out anything??
[15:05]   Naveen : got dc
[15:06]   Shai : rebuy that 7500 put at 82 now for tomorrow- will update sl and tgt
[15:06]   Naveen : thanks shai
[15:06]   Shai : NF longs exit
[15:13]   Girish : expecting a gap D like the other day ?
[15:13]   r m : US markets steady, the dip looks local 🙂
[15:14]   Girish : Futures steady. When spot opens, hopefully not a spot of bother 😉
[15:14]   r m : lol
[15:15]   Kathir : @RM pe 87 now
[15:16]   Shai : exit BNF longs taken today
[15:16]   Naveen : Shai can this lead to vwap now??
[15:16]   Uttam : done thanks Shai
[15:16]   Shai : if not today then tom
[15:17]   Girish : VWAP at 16168 ?
[15:17]   Shai : NF already weak BNF may come and test 16300 again
[15:17]   Shai : yes Girish
[15:18]   RK : it should have moved above easily once 7725 taken out..but again fallen back..
[15:20]   Shai : yes a close below 7725 supply not good
[15:20]   Porus : Shai, is bnf a buy @16310 today?
[15:20]   Tejpreet : Maybe a move to take out longs below VAH
[15:23]   Shai : yes Porus
[15:24]   Vikkas C : shai looking at the global mkt do u seea gap up tomo
[15:24]   Vikkas C : dow futu +311
[15:24]   Vikkas C : and we are almost closing at the highs today
[15:26]   Shai : no can’t see a gap up
[15:26]   Shai : taken puts of 7500
[15:26]   Vikkas C : ok thanx shai
[15:26]   Vikkas C : yes
[15:29]   Shai : mkt came up from 7704- looks like AJ left the screen 🙂
[15:29]   Kathir : 🙂 true
[15:29]   Vikkas C : he actually did
[15:29]   Vikkas C : lol
[15:29]   Shai : the other joke doing the round was the SS indicator
[15:30]   Hemant : Shai 7500 PE tatgets please 🙂
[15:30]   Vikkas C : only selling seen at the top od daily shai
[15:30]   Shai : we relaly have some great analysts around 🙂
[15:30]   r m : lol
[15:30]   RK : thanks and bye all 🙂
[15:30]   Augustin : Bye all
[15:30]   Shai : Hemant 134
[15:30]   Tejpreet : Bye All.
[15:30]   Shai : Bye all
[15:30]   Uttam : see you all have a good evening
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Hemant : Ty Shai, 🙂
[15:30]   Ashish : Bye all
[15:30]   Srini A : Bye All
[15:30]   Shai : Have a nice evening
[15:30]   Sankar : Bye All 🙂
[15:30]   Sankar : Ty.
[15:30]   Kathir : Bye all
[15:30]   Hemant : got in at 82 too
[15:30]   Vikkas C : bye all
[15:31]   Hemant : tomorrow is a different day 🙂 see you tomorrow
[15:31]   Porus : bye all
[15:34]   Anay : bye all

[09:22]   Uttam : GM Shai Tataglobal holding well inspite of market being down last few days?
[09:58]   Ashish : Shai, USD/INR. Can short below 66.85 for 66.65 ?
[09:59]   Shai : tata flobal supp at 117can drop to 114 if it breaks
[09:59]   Shai : yes Ashish
[09:59]   Gaurav : ICICI and Can bank intra view please
[09:59]   Ashish : Thanks Shai
[10:01]   Nandesh : ur view on glenmar
[10:01]   Nandesh : glenmarkpharma
[10:01]   Shai : icic open drive into res at 253.8- abv 253.8 can do 258 today
[10:03]   Nandesh : ur view on glenmark pharma
[10:04]   Shai : can bj supp 252 intra nd res 256- abv 256 is a clean buy with sl below 253 for 261
[10:04]   Gaurav : Thank you Shai
[10:04]   Shai : glenmark weak below 984 can see 863/ 957
[10:05]   Nandesh : its ur intraday view on glenmark
[10:07]   Shai : yes intra
[10:07]   Nandesh : tnx
[10:10]   RK : Shai I think DR reached its IPM levels.break out was from here only.Can we still ride the short or we have any major support here?
[10:15]   Naveen : again jubilant life down 8% and also volumes
[10:16]   Naveen : your yest support of 286 also broken by big margin, can exit delivery and enter above this level shai?
[10:19]   Shai : yes exit- vol is big today in Jubilant
[10:19]   Shai : Not safe now till below 300
[10:20]   Shai : there’s something in jubilant – was not visble yesterday
[10:21]   Shai : 264 intra day supp in Jubl but now weak
[10:22]   Shai : RK we have 3825 as daily and weekly supp on Dr chart
[10:23]   RK : thanks Shai
[11:04]   RK : BPCL done 816 🙂
[11:17]   Vikkas C : shai view on yes bank ?
[11:40]   Kathir : @Shai amtek auto levels for positional longs?
[11:42]   Tejpreet : @ Kathir …Amtek positionals …..you are a brave man 🙂
[11:45]   Kathir : lol Tej
[11:47]   Chandrashekhar : shai, can we go long now NF?
[11:47]   Chandrashekhar : or is it safe above 7634?
[11:50]   Shai : yes bank headed to 688
[11:50]   Kathir : @chand for nf and bnf use gen chat .this room is for scripts only
[11:50]   Shai : yes NF buy on abv spike highs – If not in use IBH as long trigger
[11:50]   Chandrashekhar : oops, didnt see that sry
[11:51]   Kathir : 🙂 no probs
[11:54]   Ashish : USd/INR @ 66.85
[12:01]   Shai : yes bank 684- you guys rock in picking up moves
[12:03]   Vikkas C : 🙂
[12:33]   Uttam : Sail blasting Shai tgt on upside 54?
[12:51]   Gaurav : Can bnk rocking move. Thanks Shai. And ICICI 🙂
[12:57]   Shai : 53.4 res sai
[13:02]   Vikkas C : sahi can u pls chk RIL for positional longs ?
[13:03]   Uttam : thanks Shai
[13:05]   Shai : RIL close abv 854 will be good and can tgt 904
[13:06]   Vikkas C : thanx shai 🙂
[13:17]   Tejpreet : sHAI tcs At multiple suppoet on hourly chart is it a buy for around 40 points now.
[13:17]   Tejpreet : Shai.
[13:38]   Shai : 2548 may still resist- but safe abv 2548 for sure
[13:38]   Tejpreet : Shai lvl for HDFCBANK got some calls in morning.
[13:38]   Tejpreet : Thanks .
[13:38]   Uttam : for which scrip is the level 2548 Shai? just logged back in so don’t know the scrip
[13:39]   r m : TCS
[13:39]   Uttam : oh okies thanks RM
[13:39]   r m : welcome 🙂
[14:06]   Vikkas C : shai pls chk yesbank for more higher lvls
[14:19]   Shai : 718/ 735
[14:20]   Vikkas C : thanx shai
[14:20]   Shai : hdfc bank 1017/ 1030 res supp now 983
[14:23]   Tejpreet : Thanks Shai had got into 1000 call at avg 20 odd all booked out 27 …can”t trust AJ 🙂
[14:34]   Ravi : shai….can buy nf at sl 7703??
[14:35]   Manthan : maruti???
[14:39]   Tejpreet : @Kathir you in Amtek …I am looking to get into 30 call around 3 ? No sl…target 6.
[14:40]   Kathir : @tej even I am looking at that ce only is it worth buying now?
[14:41]   Tejpreet : Yes …can put in some today’s profit …risk free trade thanks to Shai 🙂
[14:42]   Kathir : ok Tej thanks
[14:54]   Shai : maruti just abv 4130 res – can move to 4210
[14:54]   Shai : @Kathir apologies forgot abt Amtek
[14:55]   Kathir : no problem Shai though of taking some CE so asked
[14:56]   Ashish : Shai, DHFL longs be added here. Please check
[14:57]   Shai : amtek has buyers at fri lows can see 33.8 from here if you keep stop below there
[14:57]   Kathir : ok thanks
[14:58]   Shai : dhfl weekly res at 445
[14:58]   Shai : abv that can give u 465
[14:59]   Shai : sl at 430 into tom
[14:59]   Ashish : Thanks a lot Shai 🙂
[15:13]   Gaurav : PNB positional view please
[15:24]   Uttam : RIL trading above 850 but not yet breached the 854 res, will look to enter tom if crosses & hold if closes above
[15:27]   Shai : pnb 137 s the res
[15:28]   Shai : tom sl is 128 as long as abv 128 tom can go and look at 137
[15:28]   Shai : 137.9
[15:28]   Gaurav : Thank you Shai