OrderFlow charts and Notes 09/11/15

[08:49]   r m : Good Morning folks!
[08:49]   r m : http://vtrender.com/levels-and-plan-for-09th-nov/
[08:49]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-09-nov-13-nov15/
[08:49]   r m : http://vtrender.com/consolidated-orderflow-061115/
[08:49]   r m : http://vtrender.com/orderflow-charts-and-notes-061115/
[08:49]   r m : Nifty NOV Future levels | KRA 7918 | Hypo1 above 8011➜8034➜8079 SL 7970 | Hypo2 below 7956➜7930➜7899 SL 7984
[08:49]   r m : Banknifty NOV Future levels | KRA 16980 | Hypo1 above 17252➜17340➜17420 SL 17146 | Hypo2 below 17080➜16987➜16805 SL 17185
[08:50]   r m : Nifty Weekly Spot levels | Support 7904/7836/7807 | Resistance 8030/8072/8112/8174
[08:50]   r m : Banknifty Weekly Spot levels | Support 16770/16710/16530 | Resistance 17460/17520
[08:52]   Anay : GM All
[08:52]   r m : Data this week – CPI and IIP on 12th NOV
[08:55]   Sandeep69 : gm everyone
[08:56]   Sandeep69 : ready for a roller coster ride !
[08:56]   r m : Results today – Coalindia, Bankindia, Abrilanuvo, Tatapower
[08:58]   Sharad : GM all
[08:58]   Shai : GM all
[08:59]   r m : Results today – BPCL, HPCL, OIL
[09:00]   Shai : Ref areas for a gap down in NF are 7812 and 7840 . IN BNF at 16613- 16799
[09:01]   Mahendra : good morning
[09:01]   Shai : No bullishness till we look abv 7840 and 16799 this open
[09:06]   Venkatesan : gm shai,, rm and to all
[09:07]   Kathir : Good morning Shai RM all friends
[09:09]   Mahendra : Today will be very intersting day
[09:09]   r m : Hi Kathir, I did not know that you went canvassing for Lalu? 😀
[09:10]   Kathir : lol..lalu’s two sons actually 🙂
[09:10]   r m : lol
[09:11]   Kathir : @RM even now i dont know what cong is doing there 🙂
[09:11]   Ashish : GM all
[09:11]   Vikkas : Gdmrng all
[09:11]   Vikkas : Hi Rm
[09:11]   r m : Hi Vikkas
[09:12]   Kathir : all exit polls totally collapsed RM. No one predicted this
[09:12]   r m : yep
[09:12]   Santosh : GM all
[09:13]   Kathir : begigning BJP was leading and they started to celebrate and things turned opposite..like excess on top 🙂
[09:13]   r m : @Surjitbhalla thought of this outcome I think
[09:14]   Kathir : nice
[09:14]   Kathir : BJP has poor high now RM..
[09:15]   Kathir : @shai any contra trade near 7820 ?
[09:16]   r m : @Kathir – (09:01) Shai :No bullishness till we look abv 7840 and 16799 this open
[09:16]   Kathir : ok rm thanks
[09:16]   r m : welcome
[09:17]   RK : GM Shai,RM and all
[09:17]   r m : Hi RK
[09:17]   Vikkas : clueless how to play such big gap down days ..lol
[09:18]   Vikkas : Happy Dhanteras to all..may goddess laxmi shower blessings to everyone in this rrom this year 😀
[09:18]   Sandeep : thanks vikkas 🙂
[09:18]   r m : Thanks Vikkas, sharing the showers with you 🙂
[09:18]   Shai : Buyers are here n NF
[09:19]   Kathir : HI RK dr.reddy on its way to 3500
[09:21]   RK : Hi Kathir.Yes 3500 is holding now..lets see
[09:21]   Anay : Sep spot vwap is 7829 rt?
[09:22]   RK : Yes Anay
[09:22]   Shai : 7829 yes
[09:22]   Anay : cool thanks
[09:23]   Kathir : @RM had small trade in 7900 ce 77 to 82 🙂
[09:24]   r m : wow!
[09:24]   Janak : shai nf can be shorted for a touch of day ow?
[09:25]   Kathir : NF spot price not updating in ZT ..what is its low and price now?
[09:25]   r m : Current year spot tracking with series VWAPs, may differ a bit from Shai’s VWAP as I am using 30 min data for calculating it – http://tinyurl.com/NiftySpotVWAP
[09:25]   Shai : Janak wait- banks looking strong
[09:26]   RK : Kathir check 5 min chart
[09:26]   Shai : 16774 spot sept vwap
[09:26]   Kathir : janak 09:00 Shai : Ref areas for a gap down in NF are 7812 and 7840 . IN BNF at 16613- 16799
[09:26]   RK : lower box
[09:26]   RK : 7771.70 low and now 7813
[09:26]   Kathir : yes RK got it
[09:27]   Kathir : @RK missed bnf at shai’s levels see low and shai’slevel ..amazing
[09:28]   RK : 🙂
[09:32]   Shai : responsive selling now near the top
[09:32]   Shai : still looks like buyers at bottom in control – vwap as ref
[09:33]   Shai : clean short for Janak below vwap for day low with day high as stop
[09:34]   Ashish : Shai, BNF holding above 16799, can go long here or wait till IB?
[09:34]   Venkatesan : i am working with 2.5 g speed get logged in frequently, on holiday to hometown
[09:39]   Vikkas : more buyers abv vwap
[09:47]   R Goel : shai when should we buy wait for vwap test
[09:47]   Shai : can buy NF – grens are here but sl below vwap all day
[09:47]   Sandeep69 : shai volumes ?
[09:48]   r m : volumes seem good
[09:48]   RK : RM its damn good for first 1 hr 🙂
[09:49]   Sandeep69 : thats what i thought
[09:49]   Shai : Positional Buy BNF : Buy BNF 16920 sl of 16790 tgt 17160/ 17340
[09:51]   r m : yes RK, relative volume indicator says volume is 300% of 5 day average so far 🙂
[09:51]   RK : Yes 15 is the avg of first hour but we crossed 50 already
[09:52]   Shai : was heavy vol in irst 5 mins
[09:52]   Shai : as heavy as the last 5 mins of a series close
[09:52]   Shai : let’s wait a test of vwap in NF and BNF for intra day
[09:53]   RK : today’s lows will decide fate of our mkts atleast for next 3 months 🙂
[09:53]   Sharad : first five minutes Nifty volume is 20 lacs
[09:53]   Shai : also safety is in buying abv for a range extension
[09:53]   Shai : buying abv IBH
[09:53]   Vikkas : agreed RK
[09:58]   Shai : Ashish BNF intra is good abv 16790 and can tgt 17070 intra
[09:58]   Ashish : Thanks Shai
[10:03]   Shai : vx is down to 17.4 making option buys a bit riskier this am , but 7800 ce has buyers near 120
[10:04]   r m : RBI day’s trench being filled! http://screencast.com/t/Xa4qBNyiY4
[10:04]   Shai : Buy NF 7852- 55 sl 7819 tgt 7893
[10:05]   Shai : buy in the zone 7852- 55
[10:06]   Mahendra : Rangr extension ?
[10:06]   Mahendra : Range
[10:07]   Kathir : @RM power of vix – I sold 7900 ce @ 82 when nf was around 7828-30 not nf at 7860 that ce 80 🙁
[10:07]   Kathir : now
[10:07]   r m : yep
[10:07]   r m : vix going down fast
[10:08]   Kathir : option traders have to carefull
[10:09]   Uttam : if vix is falling buying options is good right?
[10:09]   Uttam : yes provided that it doesn’t keep falling
[10:09]   r m : 🙂
[10:10]   Shai : get in a 50% size in NF
[10:11]   Shai : @ Mahendra open is a ORR and on such days we may see a fast move in last 15 mins of IB period
[10:12]   Vikkas : sellers are piling on here
[10:12]   Mahendra : Thanks shai
[10:12]   Shai : when I was sending the NF message it popped 10 points
[10:12]   Shai : abv 7844- destination trade is at 7895 intra’
[10:13]   Mahendra : 7895 is HVN
[10:15]   Shai : IB done- moved 7840- 7880 in 15 mins
[10:16]   Uttam : Shai view on BN 17000 CE? seen any buying there? good to hold wrt to the positional BNF call?
[10:17]   Shai : @Uttam, there is a esignal limitation in MD for tracking large name symbols like Banknifty
[10:17]   Uttam : oh okies no problem 🙂
[10:19]   Shai : today/ tom whenever we get back to 7920- 40 spot , the orderflow there is the key for expiry near 7600 or near 8200
[10:24]   Shai : Option call : Buy 8000 ce at 47 sl of 36 tgt 58/80 ( don’t trade a heavy position as vix is dropping)
[10:32]   Ravi : shai …some problem on this window…
[10:32]   Ravi : updates shows on middle
[10:35]   Ravi : now ok …i refresh
[10:39]   Vikkas : bnf brks IBH
[10:43]   Shai : NF needs that IB extension to confirm a gap close trade
[10:43]   Shai : ok Ravi.
[11:02]   Shai : NF second attempt at IBH
[11:03]   Shai : still doing well by staying abv 7840/44
[11:05]   Ashish : Shai, Levels to add NF long?
[11:08]   Shai : near 7860 or abv 7895 tgt 7918/ 7930-38
[11:08]   Ashish : Thanks Shsi
[11:08]   Ashish : Shai*
[11:10]   Shai : 2 down moves from IBH in NF have been about 19 points so a sl of 19x 2 = 38 points from day highs is a good tsl for te ORR
[11:25]   Shai : we are watching pull back from day highs to not excess 19 points now
[11:25]   RK : 7860-65 to hold then
[11:25]   Shai : BNF has pulled back 68 points twice in the day so far
[11:26]   Shai : right
[11:26]   RK : Luckily I got two newspapers today..paperboy has thrown it seems knowing gap down will allow me to read them 🙂
[11:27]   Shai : and if it breaks then 2 multiples of it will give 7840/ 44
[11:27]   Shai : haha
[11:27]   Shai : well it depends on which side of the political divide u belong to also
[11:27]   r m : 🙂
[11:27]   RK : yep 7840 break will be a alert to add shorts
[11:28]   RK : certainly all TA was keeping shorts intact on Friday close 🙂
[11:28]   RK : only regret was almost 25% of postition as many stocks was in short for long time so had to close them one by one last week 🙂
[11:29]   RK : *25% of position only in hand
[11:29]   Vikkas : @RK something is better then nothing RK..here i went with NIL and no trades till now ..lol
[11:29]   r m : @RK, well done Sir! 🙂
[11:29]   RK : and only long in hand was Hero and sofar saved by whisker 🙂
[11:30]   RK : Vikkas right
[11:33]   Vikkas : mkts spending too much time close to ibh
[11:33]   Vikkas : one dip to vwap and then lets rally
[11:35]   Ashish : Shai, please zoom in 30 minute chart
[11:36]   Kathir : @RM?
[11:37]   Kathir : NITHISH chaged the name of our index to nifty50 and bnf as niftybank ….
[11:37]   Ashish : Thanks Shai
[11:37]   r m : @Kathir 🙂
[11:39]   Kathir : was wondering why cnxnifty was not updating ..
[11:39]   r m : yes, data back fill in truedata also disturbed because of this
[11:39]   Kathir : ok
[11:45]   R Goel : ya rgt kathir
[11:45]   R Goel : I was looking for cnxit
[11:54]   Hari : @shai, are these new sellers in NF
[11:57]   Shai : yes some new selling
[11:57]   Hari : should we book out our NF longs
[11:58]   Shai : No hold
[11:58]   Shai : test of vwap
[11:58]   Hari : or accumulate these dips to 7852
[11:58]   Hari : like you said b4
[11:58]   Shai : waiting for greens to enter
[12:02]   Shai : small buyers- we will enter the balance NF lngs here
[12:06]   Shai : all day chart of NF compo vols : http://screencast.com/t/RjZVIiumGLNG
[12:07]   Shai : see initail buyers at 7806 , then 7840 and now a distribution near IBH in the chart
[12:07]   Shai : Buyers have to take this abv IBH in the afternoon session
[12:08]   Shai : else it may fail below 7840 F again
[12:08]   Shai : vol is the best of the series so far
[12:09]   RK : looks liks current zone would pullback prices in the coming days wherever it goes from here..
[12:10]   Vaibhav : elaborate pl Rk ji
[12:12]   RK : Vaibhav new HVN forming here..may pull the prices back here in the coming days to form a balance..
[12:12]   Vaibhav : ok thx…got it
[12:13]   Vikkas : so RK then best is to get into mkts only next monday
[12:14]   Shai : Vikkas there is a seasonality bias also at play heading into Diwali day
[12:15]   Shai : works best n the afternoon session mostly
[12:15]   Vikkas : ahh..ok thanx shai for the heads up
[12:15]   Shai : Techncially ORR lows are protected by the market, which means we should not visiit day lows again
[12:16]   RK : Yep Diwali lights up first later cracks 🙂
[12:16]   Shai : extremely rare for ORR low or high to fail as vols are high and they are all OTF
[12:16]   Vikkas : so if at all we get to see vwap test then buy
[12:16]   Shai : well we bought just now
[12:16]   Vikkas : at 65 yup ..
[12:17]   Shai : BNF new buyers
[12:17]   Vikkas : ok ..runs to punch an order
[12:17]   Vikkas : 😀
[12:18]   RK : BNF that vol spike was good one..red, then flat then green :)..so people waited for VWAP test to buy there
[12:18]   RK : same with NF
[12:18]   Shai : yes BNF was better
[12:23]   Shai : Open 5 min vol was 20L – will be tough to beat in a normal session
[12:23]   Shai : in NF
[12:24]   RK : Yes..that was huge considering recent inventory in store
[12:24]   RK : we rarely touch 20L in 1 hr actually..
[12:25]   RK : but when these guys get out then we are all set to break our old lows of sub 7600 lows..right Shai?
[12:27]   Vaibhav : the Q @RK is, when will these guys get out?
[12:27]   Vaibhav : 😉
[12:28]   RK : Vaibhav my GF these guys capable of pumping NF for 200-300 points..so may be till 8000 to 8100 🙂
[12:29]   RK : Unless we get some yelling from Yellen or dragging from Draghi 🙂
[12:29]   r m : lol
[12:30]   Shai : Positionally am very bearish now below 7950 and we should buy puts of 7600/ 7500 perferable dec as soon as this bounce plays out
[12:30]   RK : Yes sure..we love to travel down than up 🙂
[12:30]   Shai : we have tested 2015 developing dpoc at 8330 and failed in the past 2 weeks creating value lower so all bounces should be sold for a test of 2014 poc of 7550
[12:31]   RK : the problem for bears is entire world is sounding bearish throughout 2015
[12:31]   RK : Shai hope you got that Hdfc report
[12:31]   Shai : I did
[12:32]   Shai : Got it from Porus .
[12:32]   RK : fine
[12:32]   Shai : Thanks Porus
[12:32]   RK : oh ok..I tagged you in Twitter..
[12:32]   Shai : wonderful writeup- best of time and price analysis
[12:32]   RK : Yes..good one with sound logic..
[12:32]   Shai : yes thanks.
[12:35]   r m : Good cartoon by Manjul – https://pbs.twimg.com/media/CTVVW0WUkAABZmw.jpg
[12:38]   RK : Haha good one..
[12:49]   Shai : Intra day : Part Book NF near 7874. reveise sl to 7855.
[12:49]   Shai : just being cautious at IBH again – we will add again if we cross abv
[13:24]   Shai : NF needs to take out those 2 sellers at IBH
[13:25]   Shai : so far a normal day type but an ORR means a move still possible in afternoon
[13:34]   Ashish : https://twitter.com/PTI_News/status/663622192744132609
[13:34]   Ashish : Winter session to be started on 26th Nov.
[13:35]   RK : GST session Ashish 🙂
[13:35]   RK : missed ?
[13:35]   RK : 🙂
[13:36]   Ashish : NO idea whether GST or again it will be useless session like before
[13:37]   Shai : no consensus on gst
[13:37]   Shai : I don’t think any talks have happened so far
[13:37]   RK : when they can’t perform in Summer then Winter is doubtful..lazy always this winter 🙂
[13:37]   RK : Yes Shai..nothing
[13:38]   RK : and Congress got a booster from Bihar..so wont give up on GST..they will make more noise now..
[13:39]   Kathir : RK in kera they lost
[13:39]   r m : yes, they want PMship before 2019
[13:39]   Kathir : kerala
[13:40]   RK : Kathir Kerala is not their main land anyhow..they are still in sidelines there..
[13:40]   Kathir : RK kerala is main land for cong bhai.. cong and communist are the two rulers
[13:41]   Anay : @rm what’s MO now?
[13:41]   Kathir : like dmk and admk in TN
[13:43]   r m : @Anay, MO -57
[13:43]   RK : Anay dip buyers did help MO 🙂
[13:43]   r m : @Kathir, no difference between 2 govts in Kerala except perhaps the serious issue of bar licensing 😀
[13:43]   RK : Kathir oh talking abt Cong..I was referring BJP 🙂
[13:45]   r m : @RK, local leadership has to develop in BJP in south, most of the current leaders are those who were favorites of Atal-Advani days
[13:46]   RK : Shai can you increase daily OF one font higher pls
[13:46]   Kathir : BJP slowly growing there…RK one beauty is amma;s admk won few seats in kerala 🙂 whats happeneing
[13:47]   RK : Yep that’s border near peermedu..all Tamilians but in Keral admin..
[13:47]   r m : Amma spreading her wings 🙂
[13:47]   RK : RM here in south not only leaders but lot has to be done from ground cadre levels..
[13:48]   RK : there are only people to fight for posts and not to work in ground level..you need lot of ground level people to compete with local parties..
[13:48]   r m : yes
[13:48]   Kathir : yes RK right. here TN bjp all ae leaders and ministers no ground workers 🙂
[13:49]   Kathir : BJP better..cong guys all are CM candisates
[13:49]   RK : lol
[13:50]   RK : and one PM canditate too 🙂
[13:50]   r m : 🙂
[13:52]   Kathir : LOL
[13:52]   Kathir : RK is it kushbhu or nagma 🙂
[13:52]   RK : PC 🙂
[13:54]   r m : he is Permanent (PM) candidate 🙂
[13:54]   RK : true 🙂
[13:55]   Ashish : Volumes are increasing in BNF and a spike now..
[13:55]   Anay : Thanks rm 🙂
[13:56]   Kathir : As a trader I preferr PC as fin minister.. 200 down today 400 up tomorrow 🙂
[13:56]   r m : Moopanar could have been PM instead of Devgoda but poor fellow declined!
[13:56]   Ashish : Aa gaya spike
[13:57]   RK : Yes RM
[13:59]   Shai : NF on tgt – book out : (10:04) Shai :Buy NF 7852- 55 sl 7819 tgt 7893
[14:01]   Shai : BNF looked more bullish at the Open today
[14:01]   Shai : and psu’s are doing well
[14:02]   Uttam : sellers still persisting in NF @ IBH Shai?
[14:03]   Uttam : DH rather
[14:04]   Shai : yes
[14:04]   Shai : was a spike abv IBH and buying at the top reduced as can be seen from delta candle
[14:05]   Shai : But now the lower buyers more in control on day TF
[14:05]   Uttam : so these sellers @ top could be neutralised (more chances of it)
[14:05]   Shai : yes still can use the 40 point trailing sl off highs
[14:05]   Kathir : @shai hold the CE or exit that also ?
[14:06]   Shai : ce will hold
[14:06]   Kathir : ok thanks
[14:12]   Gaurav A : shai abv 7895 is 7918-38 still possible
[14:12]   Shai : yes
[14:13]   Shai : sl is 7860 but
[14:13]   Shai : Kathir good chance of that CE doing both tgts as our entry was good and sl better
[14:14]   Uttam : BNF not getting past morning highs is holding back NF, once it does we could have a good run up
[14:14]   Shai : yeah that’s what I was refreing to at 14.01..bnf should have led up abv IBH also
[14:15]   RK : typical 29th June Market 🙂
[14:15]   Uttam : yes Shai, a little reason for concern if it doesn’t run in this hour
[14:16]   Shai : june?
[14:16]   RK : Yes Shai after Greece poll news
[14:16]   Gaurav A : shai is 7938 doable intra
[14:16]   Shai : Gaurab 7918 may resist
[14:16]   RK : all green close by Friday but Monday deep cut at open which didnt sustain and we have been bouncing all day along 🙂
[14:16]   Shai : but sl now is IBH
[14:16]   RK : one of the worst day I had in 2015 🙂
[14:16]   Shai : Gaurav**
[14:17]   RK : infact all trend followers hate day that was..
[14:17]   Gaurav A : ok thanks shai
[14:18]   Shai : tgt 1- (10:24) Shai :Option call : Buy 8000 ce at 47 sl of 36 tgt 58/80 . Hold with revised sl of 48 for tgt 2
[14:18]   Shai : IBH in BNF again
[14:18]   Kathir : trgt 2 intra shai?
[14:19]   Shai : but more uyers in NF now
[14:19]   Shai : No Kathir
[14:19]   Kathir : ok
[14:19]   Shai : carr trade intra was for 7917 NF
[14:20]   Gaurav A : dot 7918 great one shai
[14:20]   Shai : lots of sellers here
[14:21]   r m : @RK had to travel back in time – as it is my msg trvls is 5 minutes late – http://screencast.com/t/WC5gpcXf3
[14:22]   RK : thanks RM. have watched it in morning itself 🙂
[14:22]   Shai : Thanks RM
[14:22]   Shai : what was the provocation for the gap down?
[14:22]   RK : 40-50 pullback that day also
[14:22]   RK : Greece decided to go for polls..it announced on Saturday
[14:22]   Shai : right. thanks
[14:22]   RK : which spooked globex Monday morning Shai
[14:23]   RK : I was long with NF/BNF and 9 stocks when shut shop on Friday 🙂
[14:25]   Uttam : oh RK you were fully loaded!!!
[14:27]   RK : Yes Uttam..smacked badly that day 🙂
[14:27]   Uttam : 🙁
[14:28]   RK : Nope that was the day learnt many things..and in general 2015 was one of the educative year I must say
[14:29]   Uttam : yes RK & guess as traders we need to experience these blows to get better
[14:29]   Kathir : vwap 7868
[14:30]   Kathir : ?
[14:30]   RK : Yes Kathir..
[14:30]   RK : its there in the box in 5 min too
[14:30]   Kathir : thanks RK so we are 50 points above vwap
[14:31]   RK : even from IBH we are 30 up Kathir 🙂
[14:31]   Kathir : bulls at their best in this month so far 🙂
[14:31]   Uttam : in BNF the KRA is acting tough here Shai (16980)
[14:32]   Kathir : nf KRA?
[14:34]   Kathir : ok 7918
[14:34]   Ravi : shai….or rm….we need to watch muhurth trading also for bn todmorrow….ivtrender is open tomrorrow …if so at what time
[14:37]   RK : RAvi Muhurth is on Wednesday and tmw regular mkt hours..
[14:37]   Varun : shai whts was ur 7500 trgt
[14:37]   Varun : 7550 ?
[14:37]   RK : we have no choice but have to fire cracker here in the room
[14:37]   Varun : poc
[14:38]   Ravi : ohh ..thanks rk
[14:38]   Ravi : here tomorrow holiday
[14:40]   Kathir : @varun think it is POC of 2014?
[14:41]   Shai : Yes Varu 2014 poc
[14:41]   Shai : Varun
[14:41]   Kathir : 12:30 Shai : we have tested 2015 developing dpoc at 8330 and failed in the past 2 weeks creating value lower so all bounces should be sold for a test of 2014 poc of 7550
[14:41]   Ashish : Common Shai, let us do BNF positional targets today only 😉
[14:41]   Varun : cool, thanks
[14:42]   Varun : shai we rejected from lower ba;am=nce poc
[14:42]   Varun : balance poc
[14:42]   Kathir : RK is looking for a positive close I guess
[14:42]   Varun : , if we cross 7920, higher balnce coming
[14:42]   Shai : BTST Trade – BUy NF 7922- 7928 sl of 7875 tgt 8050/ 8075
[14:44]   Shai : Ashish 🙂
[14:47]   Shai : BNF looking better now- seeing a new auction from 16930 roughly and good enough to scale 17240/ 340
[14:48]   Kathir : @Ashis yes previously it happenned so many times..positional trgts almost reaches intraday itself
[14:49]   Ashish : Yes Kathir, Remember 1 day when BNF high was our target 🙂
[14:49]   Ashish : and it hit exactly there before closing 🙂
[14:49]   Kathir : 🙂 again volumes the key I feel
[14:50]   Ashish : Yessss
[14:51]   Sandeep : shai, in morning you said order flow at 7920 spot will be very important whether expiry is for 8200 or 7600. So its now in favor of 8200?
[14:52]   Shai : Sandeep just there – sellers covering – feel next 100 is higher as seasonality is bullish
[14:52]   Shai : but we take a fresh view for expiry on friday afternoon
[14:53]   Shai : this is just a diwali trade- have seen it happen multiple times in the afternoon session
[14:53]   Shai : Think I mentioned it this morning also
[14:53]   Gaurav A : 7938 over and out thanks shai
[14:53]   Shai : Nice Trade Gaurav
[14:54]   Shai : still can close at day highs as was an ORR
[14:55]   Gaurav A : booked intra holding btst 🙂
[14:56]   Kathir : congrats gaurav bhai
[14:57]   Kathir : @shai what issues you consider if asked will there be a gap or down tomorrow?
[14:57]   Kathir : possible I mean?
[14:58]   Shai : only orderflow
[14:58]   Shai : watch the last 15 vols and OF
[14:58]   Kathir : oh ok thanks
[14:59]   Ashish : Gap filled
[15:00]   Kathir : SBI guys be alert 🙂
[15:00]   Uttam : for what Kathir?
[15:00]   Uttam : am holding longs in it
[15:01]   Kathir : near shai’s brekout level upside
[15:02]   Uttam : yes Kathir SBI actually gave a breakout on Friday itself on good volumes & no wonder it was the leading scrip today @ 10 AM
[15:03]   Shai : BNF near tgt 1 – Book 50% and move sl to cost to make it risk free : 09:49) Shai :Positional Buy BNF : Buy BNF 16920-16930 sl of 16790 tgt 17160/ 17340
[15:06]   Shai : Book out 8000 ce all at 70. – (14:18) Shai :tgt 1- (10:24) Shai :Option call : Buy 8000 ce at 47 sl of 36 tgt 58/80 . Hold with revised sl of 48 for tgt 2
[15:07]   RK : Fire crackers already started at Vtrender 🙂
[15:07]   Shai : against tgt 8 we got a high of 74.9
[15:07]   Gaurav A : Similar thing happened when AAP actually PAAP wan delhi elections
[15:07]   Shai : haha RK
[15:07]   RK : Great Conviction Shai..REspect 🙂
[15:08]   Kathir : yes RK +1
[15:08]   Shai : Cheers RK
[15:09]   Shai : If sbi has moved on good earnings, the wild cat has been BoB which moved 145 to 170 in 2 sessions on poor earnings
[15:09]   Shai : 🙂
[15:10]   RK : Yeah BOB is a true Kalnayak of the season
[15:10]   Kathir : yes shai 🙂
[15:10]   Kathir : lot size 3100
[15:11]   RK : all dip buyers booking profit to spend on Diwali
[15:12]   Kathir : @RM RK going to pody with his profits to celebrate diwali 🙂
[15:12]   r m : great!
[15:13]   Kathir : @RK janak is there for your company 😉
[15:13]   RK : Kathir climate is awesome since morning..mild drizzles with freezer chill..so enjoying local air for Diwali 🙂
[15:14]   Kathir : yes RK coimbatore is even better ..:)
[15:14]   RK : we have cyclone alert for next 2 days
[15:14]   r m : 🙂
[15:14]   Kathir : yeah these guys are right sometimes 🙂
[15:14]   Shai : yeah read about it- stay safe all of you in TN
[15:15]   RK : Shai me and Kathir are min 250 kms away from seashore..so always safe from cyclones..
[15:15]   Kathir : I am in the other end Shai with mountains protection 🙂
[15:16]   Kathir : shai thanks
[15:16]   Shai : oh good to know
[15:16]   RK : Western Ghats saves him
[15:16]   Shai : 38100 is a powerful seller at the top
[15:17]   RK : right at PDL..
[15:18]   Kathir : @shai will he do any damage for our BTST ?
[15:18]   Vaibhav : wats special abt this 38100 seller
[15:19]   RK : He is just taking his chances with benefit on his side as shorting at highs with good RR..not to worry is my take
[15:19]   Shai : No Kathir – should be tested tom
[15:22]   Kathir : ok shai
[15:28]   Shai : clsoing at 7910- 14 spot
[15:28]   Shai : if we auction below 7918 F tom we will close the longs in BTST
[15:29]   Uttam : oh ok Shai
[15:29]   Shai : chances of a quick short covering rise abv 7950 are good
[15:29]   Vikkas : 92250 big buyer
[15:30]   Gaurav A : bye all
[15:30]   Uttam : good volumes today Shai overall also
[15:30]   Shai : yes vol best of the series
[15:30]   Shai : Bye all
[15:30]   Ashish : Thanks and bye all, have a nice evening
[15:30]   Vikkas : Happt Dhanteras once again to everybody here ..
[15:30]   Anay : bye all
[15:30]   RK : thanks and bye all..great day..wish all happy Diwaly..stay safe
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Uttam : have a nice evening All & Happy Dhanteras
[15:30]   Shai : Happy Dhnateras to all. Enjoy the evening
[15:30]   Vikkas : bye all
[15:30]   Porus : bye all
[15:31]   Kathir : WISH YOU ALL A VERY HAPPY DIWALI 🙂
[15:31]   Sandeep69 : bye and subh dhantaeras to all
[15:31]   Kathir : Thanks and bye all 🙂
[15:38]   Mayur : bye all

[09:21]   Vikkas : tatamotors fills gap
[09:21]   Vikkas : damnn
[09:26]   Shai : sbin holding up well – back to 243
[09:27]   Shai : maruti also
[09:37]   Shankar : Shai how is Lupin looking for longs?
[09:37]   Uttam : SBI on fire Shai
[09:46]   Vikkas : shai is maruti abv YVAH
[09:46]   Vikkas : good to go long ..any views ?
[09:54]   Shai : lupin buy abv 1848 only- supp at 1820 today
[09:55]   Shai : sbin open vols have to take out 248
[09:55]   Shai : maruti 4527 vah
[09:55]   Uttam : thanks Shai
[09:55]   Vikkas : ahhh..thanx shai
[09:56]   Shai : maruti 4577 still minor supply and conservative will wait for that to crss and maintain traling sl at vah for postnl
[09:56]   Vikkas : thanx master
[09:58]   Shankar : thanks Shai
[10:09]   Ashish : Maruti @ 4577
[10:13]   Uttam : Shai view on Tamo, bad numbers opened weak & now well above prev highs
[10:15]   Ashish : Shai, UPL good for longs here?
[10:22]   RK : Maruti had a quick ride to 4577 🙂
[10:25]   Ashish : And holding close to it as of now, hope it breakt this barrier soon 🙂
[10:25]   Ashish : break*
[10:26]   RK : Yeah better to cautiously getting in and out quickly..
[10:27]   Shai : ttm for this week supply at 418 and 434 is the destination trade abv 404 close today
[10:27]   Mayur : shai, view on ACC can go long again ??
[10:28]   Shai : upl is a buy abv 461 for 477/ 485 with sl below 443
[10:28]   Ashish : Thanks Shai..
[10:29]   Ashish : Yes RK..ohh it breaks
[10:30]   Shai : acc has to cross 1374 fr a short covering rise o 1435
[10:31]   Mayur : ok thx
[10:31]   Uttam : thanks Shai for TTM
[10:32]   RK : Shai Maruti this leg can go till 4720?
[10:35]   Shankar : Shai lupin crossed 1848..what culd be the upside target?
[10:41]   Shai : lupin for 1905 and a 2010 if you hold for about 2 weeks. sl below 1810 for now
[10:42]   Shai : Maruti 4678 on urrent vols but see 4804 if we close abv 4630 today
[10:43]   RK : thanks
[10:47]   Vikkas : shai can u chk L&T for positional longs here ?
[11:02]   Shai : LT let it come abv 1664 for a conservative long
[11:02]   Shai : supp is 1332 for the auction
[11:02]   Vikkas : aite thanx shai
[12:12]   RK : Shai Relcap would attempt 425 from here?
[12:13]   Mayur : can we go long lupin at these levels ???
[12:14]   Ashish : (10:41) Shai :lupin for 1905 and a 2010 if you hold for about 2 weeks. sl below 1810 for now
[12:14]   Mayur : or is a test of 1810 possible towards EOD purely positional trade tgt ?
[12:16]   Mayur : Oh, i read that msg. am trying to look for a good entry point. rsi divergence. either a long above 1870 or bargain buy @ 1810 is my quandary ?
[12:17]   Vaibhav : mayur i personally bought at 1848, 1 lot, will buy more towards 1830 to average, with the prescribed sl
[12:18]   Mayur : oki. thx.
[12:21]   Shankar : also Lupin held at 200DMA on Friday and closed in green.
[12:22]   Shankar : Also tested the previous breakoutarea and retraced
[12:26]   Shai : relcap int last week’s value which mean 425 should come abv 412, but am watching 418 on clsoing basis abv which sould run to 437
[12:28]   Shai : lupin test of 1810 may be diff today, should get supported at 1825 even if 1842 does not hold now
[12:28]   Shai : yes I agree it is a good positional long
[12:29]   RK : thanks Shai
[12:32]   Mayur : thx shai
[12:33]   Vaibhav : bank of india results today shai? can u check the orderflow #longs
[12:39]   Shai : mixed orderflow in bankindia one buyer at 132 and friday sellers from 135
[12:39]   Shai : is in friday’s range
[12:43]   Vaibhav : ty
[13:00]   Vikkas : shai can u chk asian paints positional longs ?
[13:16]   Shai : asian looking good for postnl. last week vah at 816 and today close abv it will confirm a further move to 844- 847. Supply is at 844-47 and oly a close abv it can make stock secure again
[13:17]   Vikkas : thanx shai 😀
[13:20]   RK : Lic looking good for 490 above 478- intra?
[13:23]   Vikkas : @RK ur view on DRL
[13:24]   Shai : LIC for 481/ 484 intra abv 473
[13:26]   RK : Vikkas told to myself dont touch it for a week atleast 🙂
[13:26]   RK : thanks Shai on LIC
[13:28]   Vikkas : shai looking to buy DRL in cash..any suggestion ?
[13:28]   Vikkas : thanx RK
[13:29]   RK : better to look at it when it closes 2 consequtive days above VWAP with some 150% volumes of last 10or 20 day avg Vikkas
[13:31]   Vaibhav : lupin spiked
[13:32]   Vikkas : noted RK..thank u sir
[13:40]   Shai : dr watch 3376 for supp
[13:41]   Vikkas : thanx shai
[13:41]   RK : they have con call coming up..
[13:41]   Shai : bouce conf is a weekly close abv 3880
[13:41]   Vikkas : gr8 thanx RK and shai
[13:43]   RK : http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=2257661
[13:43]   Uttam : Shai SBIN struggling to stay above 245 but it could have a strong close today bcos of the way it reacted from lows today?
[13:45]   Ashish : @RK, from where you got this concall info?
[13:46]   Ashish : Oh, got the link, sorry
[13:47]   Kathir : @sharad your usd.inr sending diwali rockets man 🙂
[13:48]   r m : 🙂
[13:50]   Vikkas : thanx RK for the heads up
[13:51]   Shai : sbin has strong buyers at lows – can hold exit if we close below 239 today
[13:54]   Uttam : yes Shai thanks 🙂
[13:56]   RK : Shai BPCL your view..last 10 mins 20 rs swing
[13:57]   Vikkas : RK result just came puit
[13:57]   Vikkas : out
[13:57]   RK : oh I missed that
[14:04]   Shai : bpcl reacted off 907 which will fuction as supply. intra supp at 89 and lower supp weekly at 882
[14:04]   RK : thanks Shai..
[14:08]   RK : Vikkas are you sure results out?
[14:08]   RK : BPCL?
[14:08]   r m : @Shai, that intra support for BPCL at 889?
[14:08]   RK : Yes RM..it bounced from there now
[14:09]   Shai : BPCL Q2: Net profit at Rs. 1018 cr vs estimate of Rs. 960 cr.
[14:09]   Shai : Yes RM
[14:09]   RK : thanks Shai..
[14:09]   Shai : Bloomberg estimate**. everybody has estimates 🙂
[14:10]   RK : 🙂
[14:10]   RK : Yep chicken egg story..earnings fail or estimates?! 🙂
[14:12]   r m : Thanks
[14:12]   r m : Thanks Shai
[14:27]   Vaibhav : can anyone repost the target for lupin given by shai? not there in stockssheet
[14:28]   Ashish : (10:41) Shai :lupin for 1905 and a 2010 if you hold for about 2 weeks. sl below 1810 for now
[14:34]   Ashish : Dr reddy @ day’s low
[14:35]   Vaibhav : ty ashish
[14:38]   Ashish : Welcome Vaibhav
[14:45]   Vaibhav : shai check havells pl?
[14:51]   Shai : havells nice move – may see supply here at 264 but if closes abv 265 then further short covering
[14:55]   Vaibhav : thx shai…