OrderFlow charts and Notes 09/10/15

[08:41]   r m : Good Morning folks!
[08:42]   r m : http://vtrender.com/levels-and-plan-for-9th-oct-2/
[08:42]   r m : http://vtrender.com/orderflow-charts-and-notes-081015/
[08:42]   r m : http://vtrender.com/consolidated-orderflow-081015/
[08:42]   r m : Nifty OCT Future levels | KRA 8130 | Hypo1 above 8182➜8206➜8247 SL 8140 | Hypo2 below 8135➜8109➜8078 SL 8165
[08:42]   r m : Banknifty OCT Future levels | KRA 17340 | Hypo1 above 17625➜17700➜17855 SL 17520 | Hypo2 below 17460➜17385➜17312 SL 17570
[08:45]   Shankar : GM RM
[08:45]   r m : Hi Shankar
[08:56]   r m : Results today – Indusind Bank
[08:57]   r m : Results on Monday – Infy
[08:57]   OS : Good Morning
[08:57]   Moses : GM rm and All
[08:58]   Gangesh : gm all
[08:58]   r m : Hi Moses
[09:01]   Sandeep69 : gm all
[09:03]   Vaibhav : Gm all
[09:04]   Uttam : GM Everyone 🙂
[09:04]   Sharad : GM all
[09:08]   Ashish : GM all
[09:08]   Shai : GM all
[09:08]   Augustin : GM all
[09:09]   Tejpreet : GM All
[09:11]   Shai : that 8200 ce overnighter should be ITM for us at this open
[09:12]   Shai : rughky abv 8206 all those reds of the past 2 sessions near 8190 would be forced to cover and auction can look at 8247-60
[09:16]   Gangesh : exit tgt for 8200ce
[09:17]   r m : Shai : (15:06) Shai :Buy 8200 ce again at 114 sl of 101 tgt 134/ 144
[09:17]   Shai : 144
[09:17]   Uttam : do we exit all or book 50% & carry rest Shai?
[09:18]   Shai : book 50% 8200 ce near tgt 2 – carry rest at 133 TSL
[09:18]   Uttam : thanks Shai
[09:19]   Shai : BNf slipped away at open
[09:20]   Uttam : yep
[09:20]   Shai : was comparatively an easier long at close y’day but sl was deeper
[09:21]   Shai : 8206 ref line for the open- 8247/ 8263 obj
[09:27]   Shai : 8300 ce is a buy with stops below 72 – 1st intra tgt 105
[09:28]   Shai : we will try to excecute that on dips near 85 where R/R is better
[09:28]   Tejpreet : Shai volumes seem good at this open.
[09:28]   Shai : yes
[09:28]   Shai : unlike y’day we already upto 18 L
[09:31]   Shai : 17750 ref line again in BNF for the swing
[09:31]   Shai : still in the 4 day range
[09:31]   Shai : but testing the opp side today
[09:32]   Augustin : @Shai – BNF above 17780 can be bought?
[09:33]   Shai : yes
[09:34]   Shai : Buy BNF 17740 sl of 17680 tgt 17850
[09:34]   Augustin : Ok
[09:36]   Shai : charts up?
[09:36]   Ashish : yes
[09:36]   Shai : ok- thanks
[09:36]   Tejpreet : yes
[09:39]   RK : GM Shai,RM and all
[09:40]   r m : Hi RK
[09:40]   OS : Nifty touched 8283
[09:41]   Sankar : GM Shai, RM and everyone :).
[09:41]   Tejpreet : That is NOV month high.
[09:41]   OS : Sorry it is Nov
[09:44]   r m : Hi Sankar 🙂
[09:47]   Rahul P : shai, any sl fo rmy future longs carried overnight ?
[09:47]   Rahul P : nf longs
[09:48]   Shai : 8180 is te proper sl but 8206 can do to protect gains
[09:50]   Shai : 8223 is the weekly spot res – so one round of booking needed at 8248-8263 F
[09:55]   r m : spot filling gap with millimetric precision 🙂 http://screencast.com/t/qDKEB0iukiy
[09:57]   Shai : nice
[10:05]   Shai : infy looks actionalble on the long side to me
[10:05]   Shai : OrderFlow shows strong buyers in Infy at lows yesterday and objective of those volumes is 1207 for now
[10:08]   Shai : passed that on to the other side
[10:09]   Shai : BNF buyers at the lows looking for a move in the single prints
[10:12]   Shai : Book out 50% BNF 17785 and trail balance to cost 17740
[10:23]   Shai : BNF is getting selling at 4 day high range
[10:24]   Shai : just the opp of yesterda
[10:25]   RK : we are hitting QT2 in both with such higher MO and holding longs feels like holding ticking bomb in hand..vol spikes and OF should alert us
[10:25]   OS : 8200CE!!!
[10:27]   Shai : 8200 ce bok all
[10:28]   OS : Yeah I closed all 10 lots at 143
[10:29]   Uttam : nice call Shai
[10:29]   r m : Nifty spot – big brigde ahead! http://screencast.com/t/7zmo2KdT
[10:32]   RK : RM you need OTF hanuman power to cross the bridge 🙂
[10:34]   Shai : BNF exit fully
[10:34]   r m : Yes RK, Nal, Neel and Lord Rama all three needed 🙂
[10:35]   r m : but market can go crazy 🙂
[10:35]   RK : 🙂
[10:35]   Shai : Cheers Uttam 🙂
[10:35]   Uttam : 🙂
[10:36]   Shai : Nice chart RM- Now I have to install Ninja on my system 🙂
[10:36]   Shai : those charts are so much better to look at
[10:37]   r m : Thanks Shai but many shortcomings in Fin-alg TPO, difficult to manage longer timeframes and takes too long to merge
[10:37]   RK : Shai incase BNF goes below 680, obj would be <400?
[10:37]   RK : 670
[10:37]   Tejpreet : Rm is that Fin -alg or Acme ?
[10:38]   Tejpreet : Looks like ACME .
[10:38]   r m : last one is fin-alg, the colourful one was ACME
[10:38]   r m : can’t merge TPO in ACME
[10:38]   Shai : ok
[10:39]   Shai : Yes RK in that case test of yesterday buyers
[10:39]   Tejpreet : Ok i was refering to the colorful one …RM love the way you paint on the charts !
[10:39]   r m : lol
[10:40]   Mahipal : pl post on blog also daily frame
[10:40]   RK : Fine Shai
[10:40]   r m : @Tejpreet, ACME evolution are good profiles but they are for fix period bars, not useful for drawing a balanced profile
[10:41]   Tejpreet : But they do look damn attractive !
[10:42]   Varun : tells how much u love marets when attractive adjectives flow in 😉
[10:42]   r m : lol
[10:42]   Tejpreet : hahaha Varun ..vtrender is responsible for this love.
[10:43]   Shai : haha
[10:43]   Shai : law of life- you love anything, it loves you back
[10:43]   Sankar : I luv KRA
[10:43]   r m : 🙂
[10:43]   Sankar : and sure it luvs with money in account 😀
[10:44]   r m : (*** Private to RK ) My hunch says hanuman is around 🙂
[10:44]   Tejpreet : Yep really when i look back at the tips , newsletter , what not I realize the basic fault was that your eyes are closed you just blindly follow but now you trade what you see .
[10:45]   Shai : 🙂
[10:45]   Sankar : 🙂
[10:45]   Shai : Nifty half way up from 750o and half way down almost from 9100 now
[10:46]   Shai : usdinr but still at 65 and vix still 19
[10:47]   r m : (*** Private to RK ) not necessarily today but I expect higher prices in OCT, my msg not getting printed in pm tab 🙁
[10:48]   Shai : looks like a 8206- 8262 kind of day
[10:57]   Shai : Sell NF 8226 sl of 8246 tgt 8206/ 8186
[10:59]   Shai : buy 8100 pe at 87 sl of 71 tgt 107/119 – carry trade
[11:00]   Shai : ignore the 8300 ce view expressed at open
[11:01]   Tejpreet : Shal lvl to keep eye on BN for buying puts.
[11:03]   RK : Shai possibilities for FA?
[11:04]   Shai : 17710 in BNF with sl over vwap
[11:04]   Shai : Yes RK- NF could be one here
[11:04]   RK : yes
[11:05]   Shai : There are morning greens still holding the OrderFlow but one can see the reds picking up (responsive selling at the top)
[11:11]   Bhagya : Responsive selling in last half hour order flow charts are big and also quantities are big than normal
[11:11]   Bhagya : on nify I am refering
[11:14]   Shai : yes
[11:14]   Shai : after IB they are back
[11:15]   Shai : still 8206 is a supp but a quick drop to 8180 if that breaks
[11:17]   Shai : the morning buyers are under pressure cos they did not protect vwap
[11:39]   RK : that 50K stucked one at lows?
[11:39]   RK : in 30 mins
[11:55]   r m : NF short part book at 8206
[11:55]   Bhagya : Markets are seeing only responsive selling and one should not confuse it will initiative selling. However below current open-lows of 8207 we should see some weakness and 8190-8199 is the crucial test. Trades below 8190 for some time will then bring initiative sellers. Till then NO big bang selling
[11:58]   r m : NF shorts trail balance at cost
[12:13]   Bhagya : below 8200 we saw next tick right at 8184
[12:13]   r m : Final Target reached for NF shorts
[12:20]   Tejpreet : Anyone for vwap test from the lows !
[12:20]   Ashish : yes Tej
[12:20]   Bhagya : Now the 0 qty order flow panic selling from 8201 to 8194 will act as huge resistance. If we don’t fill that, very bad for bulls.
[12:21]   Kiran : bhagya , was thinking about same .
[12:21]   Tejpreet : Yes that sell jump converted my 3 point sl to 5 point 😉
[12:22]   Kiran : DD type day ?NF
[12:22]   r m : @Tejpreet, ungli pakadte pakadte …, let IBL come first 🙂
[12:23]   Tejpreet : Right maybe having positional views now till vwap is 30 points.
[12:26]   Bhagya : keeping stoploss of 8205 one can sell nifty fut even now at 8190
[12:27]   Tejpreet : 8200 call takes sl exit at 120
[12:27]   Tejpreet : RM ungli nahi pakad paye.
[12:27]   r m : 8200CE was fully booked as per Shai?
[12:27]   r m : @Tejpreet 🙂
[12:28]   Tejpreet : No no I got in at 120 with 2 point sl
[12:28]   r m : ok 🙂
[12:36]   Ashish : Europe opens green
[12:37]   Rahul P : long here??? for a test to vwap ?
[12:38]   Shai : can take – but strict sl of 8179
[12:38]   Shai : 8100 pe did 104.5
[12:38]   Shai : we will continue to hold that 1
[12:39]   Shai : NF safer log abv IBL
[12:39]   Shai : but buyers are here at lows
[12:39]   Shai : long*
[12:40]   RK : Shai not expecting DD today?
[12:40]   RK : BNF showing signs
[12:41]   Kiran : of what RK ?
[12:41]   RK : Profile Kiran
[12:43]   Varun : shai rm posted a 3 day composite ystrday
[12:43]   Varun : whts the poc of tht composite
[12:45]   Varun : @rm ?
[12:45]   Varun : @shai ?
[12:46]   r m : will check
[12:46]   Varun : thnaks
[12:48]   Shai : 8160- http://screencast.com/t/ge2JfnVTJ
[12:48]   r m : 8160 – http://screencast.com/t/fvcQYx0F
[12:48]   Varun : thanks
[12:48]   Shai : haha I beat you to it by a sec RM 🙂
[12:48]   RK : 🙂
[12:48]   Varun : sab mile hue hain ji
[12:48]   r m : yes Shai, age took its toll 😀
[12:49]   Shai : 🙂
[12:49]   Shai : Below 8180 we will see a drop to 8158 and 8133
[12:50]   Varun : we should probe 60,30,8090
[12:50]   Shai : Go short in NF below 8179 again sl of 8207 tgt 8158/ 8133
[12:50]   Varun : 🙂
[12:51]   Varun : this time cant even give age as an excuse
[12:51]   Shai : we will keep IBL as sl which is a ref area all afternoon now
[12:51]   Shai : FA confirmed at 8248
[12:51]   RK : I somehow feel this zone and today’s action similar to 8650 high made day..
[12:52]   Shai : haha Varun
[12:52]   RK : 10th Aug 8647.90 F
[12:52]   Varun : https://twitter.com/sweetspottrader/status/651832626991370240
[12:52]   Varun : did this small hoemwork
[12:52]   Varun : and scene of crime palyed out
[12:52]   Varun : played
[12:52]   r m : @Varun 🙂
[12:53]   Bhagya : 8179 gone
[12:54]   Bhagya : selling is on
[12:54]   Shai : Perfect Varun
[12:54]   Varun : 🙂
[12:55]   Shai : Bring sl to cost on this 1 – (10:59) Shai :buy 8100 pe at 87 sl of 71 tgt 107/119 – carry trade
[12:56]   Varun : 80 lakh at 1
[12:56]   Varun : hw r the volumes
[12:56]   Varun : can it push thru value @shai
[12:58]   Shai : vols just abv avg for 1 pm
[12:58]   Varun : cool
[12:58]   Shai : should go to poc
[12:58]   Varun : u mean 60
[12:59]   Varun : ok 56
[12:59]   Shai : ypoc
[13:00]   Shai : It’s also back in RM’s value area of 3 days after a failed upper move
[13:00]   Shai : so proper sl for the short is 8130 or 8150 for a revisit to that balance low
[13:01]   Himanshu null : 8230 ?
[13:02]   Shai : yup 8230/ 8250 – thank u
[13:07]   Uttam : no part booking in the PE Shai, entire SL to cost?
[13:07]   Rahul P : some problem with charts ??? or its just me
[13:08]   Vaibhav : charts nt there
[13:09]   Uttam : nope I am also unable to view charts
[13:11]   Shai : should be back up now
[13:11]   Vaibhav : yes
[13:11]   Uttam : yep
[13:12]   Tejpreet : That 101075 green still holding up …i thought he would have vinished in the dark;)
[13:14]   Kiran : Tej may be 10/15 min more.
[13:15]   Tejpreet : Gone
[13:15]   Shai : tgt1 NF- 12:50) Shai :Go short in NF below 8179 again sl of 8207 tgt 8158/ 8133
[13:16]   Kiran : great shai.
[13:16]   Tejpreet : 158 done !
[13:16]   Kiran : we in the yesterday value
[13:17]   Shai : 8130 could be a weekly close
[13:17]   Tejpreet : KRA 130 on track
[13:18]   OS : Next stop would be at 8110?
[13:18]   Kiran : big buyers here
[13:18]   Shai : 8133 next stop
[13:18]   OS : OK
[13:19]   Shai : vol spike so part booking rqd
[13:19]   Uttam : so exit all shorts @ 8133 & even the 8100 PEs?
[13:19]   Shai : yes we will book
[13:22]   Bhagya : magic of nifty call and 8159 target done. But I am still holding my 8100 puts since buyers are yet to panic and we are waiting for their panic! ha ha ha
[13:23]   r m : 🙂
[13:23]   Tejpreet : Good one Bhagya .
[13:26]   Rahul P : are we heading to vwap ?
[13:31]   r m : YVWAP reached 🙂
[13:31]   Varun : ur mean rm
[13:31]   Varun : 🙂
[13:31]   r m : lol
[13:31]   Rahul P : lol
[13:33]   Uttam : Shai NF shorts TSL to cost on remaining right?
[13:33]   Shai : possibly 8178 anomaly- trail up at 8184 instead of 8179
[13:33]   Uttam : oh ok
[13:33]   Uttam : thanks
[13:37]   Shai : Buyers
[13:38]   Shai : exit if the sl goes
[13:38]   Shai : if they pick it abv 8184 then vwap is the tgt
[13:39]   Shai : 8207
[13:40]   Uttam : SL for longs above 8184 will be 8158?
[13:41]   Shai : risky – but yes that is the stop
[13:42]   Uttam : ok just checking may not trade it though
[13:45]   Uttam : NF finding support exactly @ YVWAP
[13:45]   Uttam : same with BNF just above YVWAP
[13:46]   Uttam : 17540 important level for BNF Shai?
[14:00]   Varun : wht the current poc
[14:00]   Varun : vpov
[14:00]   Varun : vpoc
[14:02]   Shai : yes 17540 imp but now res reestablished at 17630
[14:02]   Rahul P : dont see any nearby vpoc on nf
[14:02]   Tejpreet : Nifty VPOC for day around 8230
[14:02]   Shai : vpoc 8190
[14:02]   Varun : thnks
[14:03]   Tejpreet : Thanks shai
[14:03]   Shai : yes the one at 8226 is also as big
[14:03]   Shai : looks like a DD now below 8204
[14:06]   Shai : should still move to a close at 8130
[14:06]   Shai : but if it crosses 8204 then we may finish near day highs
[14:07]   Shai : 8204- 8207
[14:08]   RK : Yes expecting both the outcome..not sure even from price action of stocks..morning had a feel that 8250 scaling not possible but after this dip anything possible
[14:11]   Uttam : what about BNF Shai?
[14:11]   r m : MO has cooled down to 48 🙂
[14:11]   Uttam : crosses 17630
[14:11]   r m : morning it was above 70
[14:12]   Shai : BNF profile is irregular oay playing in the large 3 day VA
[14:12]   Shai : today*
[14:12]   Uttam : wow RM so this dip was from you to make sure bulls remain in the game 😉
[14:12]   r m : lol
[14:12]   r m : must have been RK’s intense profit booking in the underlying 🙂
[14:13]   Rahul P : jsut two ticks for a FA….not very convincing
[14:13]   Rahul P : at top
[14:13]   RK : lol..intense fire at underlying:))
[14:13]   r m : lol
[14:21]   RK : Shai pls adjust charts down
[14:28]   Tejpreet : Looks like price in auto adjust mode satying within the frame 😉
[14:28]   r m : 🙂
[14:28]   r m : price wants that Shai should not be disturbed 🙂
[14:28]   Rahul P : vwap close ?
[14:28]   Tejpreet : 🙂 But we want 30 either 130 or 230
[14:31]   Shai : RK, which chart?
[14:32]   RK : 5 min chart..but its ok..It was trying to climb IBL then so wanted to shift charts down but now prices come down 🙂
[14:33]   r m : going back now!
[14:33]   r m : looks like DD will merge into 1D 🙂
[14:33]   RK : BNF knocking IBL second time
[14:34]   Rahul P : plz knock off the anomaly and vwap…..
[14:35]   Mihir : @ Shai: NF short is still valid with SL of 8207?
[14:35]   Rahul P : Mihir, sl was revised to 8184
[14:35]   Shai : No Mihir the short was closed
[14:36]   RK : Shai buyers coming here
[14:36]   Mohit : fresh shorts advisable near vwap shai ?
[14:36]   Mihir : ok
[14:36]   RK : ?
[14:36]   Mihir : Thanks
[14:36]   Shai : no – buyes are there
[14:36]   Shai : buyers*
[14:37]   Shai : yes RK NF seeing buyers still for that 8182- vwap trip
[14:37]   Mohit : ok. thanks shai
[14:38]   RK : shorts below IBL has to run for cover if we scale above VWAP now
[14:41]   Shai : yes – most of them have covered already
[14:42]   RK : Yes all whites
[14:42]   RK : RM fooling everyone with his MO wand 🙂
[14:42]   Shai : true
[14:42]   r m : 🙂
[14:43]   RK : another rule written on desk today, when MO is +60 and you get a gap up, close all longs.you will get a chance for reentry 🙂
[14:44]   Shai : less timme left but if it crosses 8207 then has a chance to go to 8235
[14:44]   Shai : not a trade alert, just a view for weeky close
[14:44]   RK : being a Friday,lets keep the option open 🙂
[14:45]   Varun : if 80 goes we do day low
[14:45]   Shai : yes
[14:45]   Shai : 45 mins
[14:45]   Shai : if it’s confused may just plonk here 🙂
[14:46]   Varun : mostly a spike a t vwap means extreme
[14:46]   r m : Varun and Kris were conspiring on twitter to take it to the lows 🙂
[14:46]   RK : wherever it goes am happy..5/5 long shorts 🙂
[14:47]   r m : 🙂
[14:48]   Varun : 😉
[14:51]   Shai : buyers
[14:51]   Uttam : 8210 crossed so close @ high for the week?
[14:55]   Hemant : Shai, any BTST here?
[14:59]   Shai : Hemant not clean yet – let’s wait till 3.15
[15:00]   Hemant : Ok Shai
[15:02]   Misaal : Looks like an infy based rise
[15:04]   Varun : poc shld move up now
[15:05]   Shai : NF to 8235
[15:05]   RK : RM pls update MO around 3.20 to adjust ourselves 🙂
[15:05]   r m : sure RK 🙂
[15:06]   RK : my bag is have too much messed up positions 🙂
[15:06]   RK : having
[15:06]   r m : yes, you are auto-hedged 🙂
[15:07]   RK : Maruti,BPCL,AXIS shorts and indices long with few other longs in stocks 🙂
[15:07]   Shai : just placed infy chart on NF MP chart
[15:07]   Shai : see the greens from lows y’day and today
[15:08]   RK : hardly reds 🙂
[15:08]   Uttam : cool but profit locked in cos of hedge 😉
[15:08]   Shai : yup that’s when I mentioned 1207
[15:09]   Uttam : this is cash right Shai?
[15:09]   Shai : yes cash
[15:10]   Uttam : thanks…
[15:11]   Shai : 8100 pe is the BTST sl of 71 tgt 106 again
[15:11]   Shai : only if yu want to carry over the weekemd
[15:11]   Mohit : shai this fall was by smart money to pill up the longs or other way round.
[15:11]   Shai : we will take a fresh view monday
[15:12]   RK : today’s VAL would be important for Monday..as we had whip yday and created value on original trend..yesterday was a whip or today? will come to know by price clearing today’s values
[15:12]   RK : *original trend today
[15:14]   Shai : Mohit we see this as a sideways going move now with balance areas risng marginally- dips buyers and sellers on rise should continue
[15:14]   Mohit : thanks shai
[15:18]   Shai : didn’t go to 8135
[15:19]   Shai : 8235*
[15:19]   Shai : close at vwap on day
[15:21]   r m : MO at 46
[15:21]   Shai : infy 1173 cross needed on news and preferably abv 1207 to get new buying
[15:21]   OS : Shai Pls look at other side
[15:21]   Uttam : so Monday monday morning will need to be quick in Infy positions
[15:22]   Uttam : cos it may gap up & then start falling?
[15:22]   Shai : other side conservative is break of 1140 mon
[15:22]   Shai : that will force a big exit
[15:22]   RK : thanks RM
[15:23]   Shai : treat 1145- 1173 as a spike
[15:23]   Uttam : yes Shai thanks
[15:23]   Tejpreet : Infy generally follows the trend post results for long ….so can wait and enter.
[15:24]   Uttam : correct Tej & u get a feel before the results from the price action how it would be
[15:25]   r m : yep, in any case options will decay fast on result declaration, better to jump in at 09:15:01 in Infy on Monday based on pre-market 🙂
[15:27]   Uttam : Ideal for me would be jump & open above 1174 & finding resitance @ Shai 1207, will make money on both fut as well as 1200 CE short 😉 (too greedy)
[15:28]   r m : 🙂
[15:29]   Tejpreet : No 8130 or 8230 we wander midway 🙂 friday flop.
[15:30]   Shai : 🙂
[15:30]   Anay : bye all
[15:30]   Shai : not even at vwap
[15:30]   Shai : Bye all
[15:30]   Ashish : Thanks and bye all
[15:30]   Mohit : bye bye .. have a nice weekend
[15:30]   Shai : Have a nice weekend – catch up Mon
[15:30]   Shankar : Bye all
[15:30]   Tejpreet : Bbye All
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Uttam : Have a great weekend All 🙂
[15:30]   Moses : Bye All
[15:30]   Uttam : thanks RM & Shai
[15:30]   Mihir : Bye All.
[15:31]   Sandeep69 : bye all

[09:37]   Soumya : Shai please check NSE: ALKYLAMINE for positional.. looks like accumulation going on
[09:43]   Tejpreet : Axis bank has been a big underpreformer in this BN runup. Shai any new updates on it …you have been giving levels frequently!
[09:52]   Shai : alkylamine very thinly traded
[09:53]   Soumya : Company seems a very good bet to me fundamentally at these levels
[09:53]   Shai : stock is not giving correct volume profile but looks to be going back to 340
[09:54]   Shai : axis see 501 as weekly res
[09:55]   Shai : for intra today no strength till below 498 and can move back to 488
[09:55]   Tejpreet : Thanks for the axis update.
[09:55]   Shai : abv 501 can be a short covering move to an immediate 510/ 514
[10:02]   Soumya : thank you shai
[10:08]   Shai : (10:05) Shai :OrderFlow shows strong buyers in Infy at lows yesterday and objective of those volumes is 1207 for now(10:05) Shai :rest is the news flow(10:05) Shai :intra good abv 1139 all day(10:08) Shai :1164/1172 intra tgt
[10:19]   Ashish : Shai, ICICI targets on upside?
[10:22]   Uttam : Shai SL for Infy longs will be today’s low or 1139?
[10:22]   Shai : 291 icici
[10:22]   Ashish : Thanks
[10:22]   Shai : 1139 for infy
[10:22]   Uttam : thanks Shai
[10:24]   Gaurav : Adani Ports looking for a good upmove above 324 spot Shai?
[10:25]   Uttam : Shai views on Wipro, looks good for upside with strong sup @ 585?
[10:30]   Shai : yes adani good chance of a shortcovering drive abv 325
[10:31]   Shai : watch it to suatain abv 325 once over
[10:31]   Gaurav : Thanks Shai
[10:31]   Gaurav : Pleae have a look at Engineers India as well Shai
[10:33]   Shai : yes 585 is a good supp in wipro but this open is driving down to 589 possiibly
[10:33]   Shai : suggest wait or activate abv 595 only
[10:34]   Uttam : oh ok Shai thanks & above 595 where do you see Wipro going? at least 615?
[10:40]   Shai : yes 614
[10:41]   Uttam : thanks Shai
[11:00]   Ashish : Shai, USDINR next support levels?
[11:07]   Shai : below 65.16 at open today tgt is 64.89 by close or Mon strict sl 65.16
[11:08]   Ashish : Thanks Shai
[11:20]   RK : Shai TCS 2620 would hold or we can expect dips below 2600?
[11:20]   RK : *2600
[11:27]   r m : TCS Fut http://screencast.com/t/lw40W2ZjNAV
[11:28]   Shai : tcs ina diff 2620- 2610 spot . watch 2610 intra as looks like making a DD here
[11:28]   RK : thanks RM..yes its fallen back to from where it was launched..testing support now
[11:28]   Shai : below 2610 intr can dro to 2590/ 80
[11:28]   RK : thanks Shai
[11:29]   Shai : go with reduced size
[11:29]   Tejpreet : RK looks like all IT stocks will show moves post INFY !
[11:29]   Shai : has buyers at lows but under price pressure
[11:29]   RK : Shai shorts from 2670 that day when whip happened..so want to book here at cost or wait for profit..will check auction here
[11:30]   RK : *cost of whip 🙂
[11:31]   RK : Tej yes..as usual flipping moves before results…but last time TCS was straight down pre and post result
[11:32]   Tejpreet : Incase of positive INFY results TCS and HCLTECH should show good move.
[11:32]   RK : yep
[11:33]   RK : Infy results Monday?
[11:33]   Tejpreet : yes 12th
[11:35]   Tejpreet : Any idea on time of INFY results.
[11:38]   RK : should be before mkt open like last time.they learnt a lesson last to last time about announcing in the mid of mkt time 🙂
[11:38]   Tejpreet : True 😉
[11:38]   r m : 8:45am
[11:38]   Tejpreet : Tthanks RM.
[11:39]   r m : http://www.infosys.com/newsroom/press-releases/Documents/2015/Q2-october12-2015.pdf
[11:39]   r m : welcome
[11:46]   Uttam : some good volumes in Wipro Shai?
[11:47]   r m : (*** Private to Uttam ) Shai is out for some time
[11:48]   Uttam : okies NP
[11:54]   Ashish : oopssssssssssss
[11:54]   Ashish : 8206 done
[12:33]   Soumya : What would be a good point to go long in Maruti Shai?
[12:35]   r m : (*** Private to Soumya ) Shai is not in the room, will be back shortly
[12:40]   Shai : wipro could close at lows
[12:42]   RK : seems Maruti getting ready to go down below 4300
[12:43]   Shai : Maruti 4185 next big supp
[12:44]   Shai : current weekly is not a good profile for buyers and is 4185 does not hold into next week can drop down to 4000 again
[12:49]   Soumya : thank you shai
[13:34]   OS : Any update on INFY?
[13:35]   r m : This is from morning – “(10:08) Shai :(10:05) Shai :OrderFlow shows strong buyers in Infy at lows yesterday and objective of those volumes is 1207 for now(10:05) Shai :rest is the news flow(10:05) Shai :intra good abv 1139 all day(10:08) Shai :1164/1172 intra tgt”
[13:36]   Uttam : looks like momentum picking up in Infy
[14:21]   Ashish : Shai, IRBinfra is good to short here or still some upside is left?
[14:34]   Shai : irb still has 263 obj pending but shorts are beginning to enter
[14:36]   Ashish : Thanks
[14:37]   Shai : may hit 258.5 before close and then check there for shorts
[14:40]   Ashish : Ok
[14:44]   Uttam : how are the volumes in Infy Shai? and Wipro also?
[14:48]   Shai : wipro your 585 held but OF is mixed and neutral
[14:48]   Shai : Infy again showing buyers today
[14:53]   Uttam : yes Shai, Infy could be carried here?
[14:53]   Shai : can
[14:53]   Uttam : should i take a hedge, selling 1200 CE may be?
[14:53]   Shai : anyone opened that RM link for infy? what time was the announcement?
[14:53]   r m : 8:45
[14:54]   Shai : oh
[14:54]   Uttam : before market
[14:54]   r m : yes
[14:54]   Shai : Yes uttam hedge
[14:54]   Shai : there’s no certainty in these matters
[14:54]   Uttam : 1200 CE @ 32?
[14:54]   Shai : thanks RM
[14:54]   r m : welcome
[14:55]   Uttam : thanks RM & Shai
[14:55]   Shai : 1164 was intra obj
[14:56]   r m : 1159 so far
[14:57]   Uttam : crossed 1160 now
[14:58]   r m : yep
[14:58]   RK : last quarter Infy 10% upmove was neutralised by 10% down move of Sun pharma..what’s in store tmw?
[15:00]   Shai : 1169
[15:01]   r m : http://www.infosys.com/newsroom/press-releases/Documents/2015/Q2-october12-2015.pdf
[15:01]   Uttam : sold 1200 CE @ 36 as hedge
[15:02]   Uttam : wipro also moving now Shai
[15:02]   Uttam : but yes 595 is what we need to cross
[15:03]   Shai : manage your risk well- it all boils down to that 1 bit of infy news
[15:03]   Shai : inside info is that results will be good
[15:04]   Shai : Now that it is showing so many buyers from 1140, I don’t think that it is inside news any more 🙂
[15:04]   Uttam : 😉
[15:04]   r m : lol
[15:05]   Uttam : Wipro any new buying Shai or increase in volumes last 15 mins?
[15:12]   OS : Infy 1170
[15:13]   Tejpreet : Shai how is the weekly closing looking in BHEL ….can add more longs .
[15:15]   Shai : wipro flattish
[15:16]   Shai : Bhel decnet closing- could have closed at hghs this week but even here it is ok to buy nto
[15:17]   Tejpreet : Thanks Shai .
[15:17]   Mihir : nto means?
[15:17]   Tejpreet : into:)
[15:17]   Mihir : oh ok 🙂
[15:19]   OS : Shai Any Option Strategy in INFY Result day?
[15:20]   RK : only two stocks for the last few days keep ticking in Green flash bands irrespective of mkt move are TTM and TISCO 🙂
[15:21]   Uttam : thanks Shai exited Wipro will go long on Monday above 595
[15:21]   Uttam : yep RK true that
[15:24]   Shai : No OS no strategy
[15:24]   OS : Position taken in INFY 1300CE & 1000PE 1 lot each
[15:24]   Shai : TTM a massive mover
[15:24]   OS : 10 & 6.25
[15:24]   Tejpreet : You mean sold them OS.
[15:24]   RK : Shai Tisco considering lot size..better than TTM..
[15:25]   RK : both moved 50 from buy signals generated but Tisco 1000 lot size 🙂
[15:25]   Tejpreet : Yes these lot size from Nov will make us rethink our strategy
[15:25]   Shai : yes
[15:26]   Tejpreet : I think will benifit tje option writers as premium will be higher now as small players move from futures to options.
[15:33]   OS : No Tejpreet. Long in both