OrderFlow charts and Notes 09/12/15

[08:49]   r m : Good Morning folks!
[08:50]   r m : http://vtrender.com/levels-and-plan-for-9th-dec-2/
[08:50]   r m : http://vtrender.com/orderflow-charts-and-notes-081215/
[08:50]   r m : http://vtrender.com/consolidated-orderflow-081215/
[08:50]   r m : Nifty DEC Future levelsKRA 7894Hypo1 above 7744➜7776➜7827 SL 7708Hypo2 below 7683➜7651➜7624 SL 7726
[08:50]   r m : Banknifty DEC Future levelsKRA 17228Hypo1 above 16932➜17001➜17166 SL 16830Hypo2 below 16799➜16690➜16640 SL 16890
[08:50]   Jitender : Gm Shai, Rm, all:-)
[08:50]   r m : Hi Jitender
[09:00]   Santosh : Gm all
[09:04]   Vaibhav : ) The Profile shows us an FA at 7949F and is on day T+3
[09:04]   Vaibhav : shai pl elaborate on this
[09:06]   Ashish : GM all
[09:07]   Tejpreet : GM All.
[09:08]   RK : GM Shai,RM and all
[09:09]   Shai : GM all
[09:09]   r m : Hi RK
[09:10]   Shai : Vaibhav refer here – http://vtrender.com/of-failed-auctions-and-revisits-4/
[09:10]   Vaibhav : thx
[09:12]   Shai : spike of yesterday is our early morning reference
[09:12]   Shai : we will wait to see where IB develops with that as context
[09:12]   Shai : 7650 F is a magnet below
[09:12]   Venkatesan : gm to shai,rm and to everyone]
[09:13]   r m : Hi Venkatesan
[09:13]   Jitender : Shai..wats IM n WRB
[09:14]   r m : WRB is wide range bar
[09:14]   Jitender : & IM
[09:15]   r m : forgetting the word we discussed that here yesterday 🙂
[09:16]   Chandramouli : GM all!
[09:16]   Jitender : k..tx
[09:18]   Shanmugasubramanian : GM all
[09:19]   r m : it is soemthing like initiative price movement IPM if I amnot mistaken – guess Shai will correct me when he finds time 🙂
[09:19]   Tejpreet : I think it was Initial price movement.
[09:19]   Sankar : GM Shai, RM and all 🙂
[09:20]   r m : Thanks Tejpreet
[09:20]   Jitender : 🙂
[09:20]   Venkatesan : :)))))) at rm
[09:20]   r m : Hi Sankar 🙂
[09:20]   Jitender : tx guys
[09:22]   Venkatesan : shia spkie low 7734?
[09:23]   Venkatesan : sterday spike
[09:24]   r m : 7711
[09:24]   Tejpreet : Welcome rm . Here is the link for it . http://vtrender.blogspot.in/2011/04/steidlmayer-distribution.html
[09:25]   Venkatesan : thank kyou rm ji
[09:25]   r m :Thanks Tejpreet, I always forget that word, guess it as happened second time in this room 🙂
[09:25]   r m : @Venkatesan, spike high should be 7758 I guess
[09:27]   Venkatesan : yes ji
[09:27]   Venkatesan : and thank you ji
[09:27]   r m : welcome jee 🙂
[09:28]   Venkatesan : :))
[09:29]   Anay : GM All
[09:29]   r m : @Tejpreet, copied Shai and plotted VAP for composite since IPM 😀 http://screencast.com/t/pkvOjefOnr
[09:30]   Shai : Open in spike
[09:30]   Shai : Vol is lower so test of 7744/ 58 is next with sl at day lows
[09:30]   Tejpreet : Rm looks great !
[09:31]   Shai : Buy NF 7722 sl of 7701 tgt 7744/ 7758
[09:31]   Shai : book overnight 7700 pe at 102 now
[09:32]   Shai : BNF res at 16920- 940
[09:33]   Shai : but may lead a move up today if taken out
[09:33]   r m : (*** Private to Tejpreet ) added one more instance of TPO indicator with Date settings and TPO disabled and profile display at right 🙂
[09:34]   RK : Shai NF buy coould be SARed at lows to seek range extenstion with obj 7680?
[09:34]   Shai : Looks cleaner RM and visually more appealing 🙂
[09:34]   r m :Thanks Shai 🙂
[09:34]   Shai : Yes RK
[09:34]   RK : fine..thanks
[09:34]   Shai : I’m going with the spike rule for the open
[09:34]   RK : Yes..got it
[09:35]   RK : do or do situation here 🙂
[09:38]   Venkatesan : die rk?
[09:38]   Venkatesan : do or die?
[09:39]   RK : do above 7728 for 7750 or do below 7700 for 7680 and more 🙂
[09:39]   r m : a trader never dies Venkatesan 😀
[09:39]   Jitender : Shai…just a thought..can v generatea small beep for OF color change…
[09:39]   Venkatesan : :))))))
[09:39]   Jitender : Rm..only his money finishes;-)
[09:40]   r m : @Jitender, yeah! 😀
[09:40]   Jitender : Shai…just a thought..can v generatea small beep for OF color change…
[09:40]   r m : let is be a loud clang, i notice it only when it is too late 🙂
[09:41]   Jitender : same here….
[09:41]   Porus : Let it not be a cloudburst please….
[09:41]   Jitender : since i hv becum old…cant figure out the line in this maze…
[09:42]   Shai : can be done I think except that all of you may have to keep your speakers on
[09:42]   R Goel : yes shai a good idea
[09:43]   R Goel : if possible plz try something like tht
[09:43]   Shai : getting the alert passed through Omnovia is what needs to be checked – will see what can be done
[09:43]   RK : but OF sometimes hang between pink and green continuously and that would keep your speakers buzzing continuously
[09:43]   r m : yes, like a honeybee in flight 🙂
[09:43]   Jitender : wud keep us awake….
[09:44]   r m : guess that sound will appear only at the close of bar
[09:44]   RK : ok
[09:45]   Tejpreet : Shai can you give levels for 7700 call.
[09:45]   Varun : shai do we have good volmes cos vol profile about to reach poc of yesterday
[09:47]   Shai : Vol is under avg Varun
[09:47]   Shai : yesterday’s sell off from spike high has bigger vols
[09:48]   Varun : thnaks shai, is the blue shadow vol in profile ?>
[09:49]   Rahul P : spike getting accepted….so if the upmove stalls, we can have another round of panic, right ????
[09:49]   Varun : tmrw
[09:49]   Varun : today it will try to get value down
[09:49]   Varun : but it cn do till 10.45
[09:50]   Varun : so good one hr still to go
[09:54]   Shai : ye blue is 30 min vol
[09:55]   Varun : in profile
[09:55]   Varun : 30 min ?
[09:56]   Shai : yes
[09:56]   Shai : vol at price
[09:56]   Shai : always been there
[09:56]   Varun : and white is composite
[09:56]   Shai : composite series only
[09:56]   Varun : ok
[09:56]   Varun : thanks
[09:57]   Shai : or dec traded only
[09:57]   Varun : hmmm
[09:57]   Varun : but if 2 tpos or 3-4 tpos then blue would be 30 min of each tpo ?
[09:57]   Varun : at tht price
[09:58]   r m : entire volume at that price for the day or for the series in the composite
[09:58]   Shai : no- blue is vol traded at price independent of tpo’s
[09:59]   Varun : ok
[09:59]   Shai : so even 1 guy can create tat vol
[10:00]   Shai : getting resisted – (09:32) Shai :BNF res at 16920- 940
[10:00]   Varun : having spent entire day baring the last 45 mins blue at 7770 and blue at 7716 almost catching up ?
[10:05]   Shai : yes
[10:06]   Shai : will upload the correct vol traded
[10:06]   Tejpreet : (09:45) Tejpreet :Shai can you give levels for 7700 call.
[10:06]   Shai : Keep a BNF sell below 16871 sl of 16921 tgt 16800
[10:07]   Shai : 7700 postnl supp at 102 tday and res at 139
[10:08]   Shai : gets weaker below 112
[10:08]   Shai : 112- 131 range for now
[10:09]   Tejpreet : Thanks Shai .
[10:16]   Ashish : some greens in NF
[10:22]   Shai : below pdl and vwap
[10:22]   Shai : long does not look good
[10:22]   Porus : nf sl was taken
[10:23]   Shai : yes it’s an exit for longs
[10:23]   Shai : NF stopped
[10:25]   Shai : IB vols within spike
[10:25]   Shai : see if we get a range extension below IBL now
[10:25]   Shai : BNF short now open
[10:41]   Abhishek : bnf tgt achvd,,hold / book?
[10:44]   Sandeep : BNF done
[10:50]   Shai : BNF book
[10:50]   Shai : Book out all BNF tgt done
[10:51]   Shai : RK gets his 7680 : (09:39) RK :do above 7728 for 7750 or do below 7700 for 7680 and more 🙂
[10:51]   RK : with a BNF 150 bonus 🙂
[10:52]   RK : that sell 870 was great one..it held even after NF broken but then fell quickly :
[10:52]   Rahul P : shai, plz adjust hte nf daily candle
[10:54]   RK : Shai any chance for 7590 spot for positional shorts to get out?..volumes dont add to conviction!
[10:57]   Rahul P : any play if vwap is taken out and sustained ?
[10:57]   Rahul P : for nf ??
[10:57]   Shai : actually BNF was a short at 920 but NF was still a small bullish play as was abv spike lows , but we tok it below vwap for conf
[10:58]   Shai : Rahul pdl is our all day ref now in NF for longs counter trend with conf abv IBH
[10:59]   Shai : remeber 3 rules again for counter trend : 1) vwap 2) IBH and 3 ) VAH
[10:59]   RK : very agressive,agressive,conservative respectively
[10:59]   Shai : 50k, 33k, 34 k on the drop in NF – all aggressive buys
[11:01]   Rahul P : thanks shai
[11:01]   Shai : RM’s tables are showing long liqudation and short covering same time –
[11:01]   Vaibhav : ain’t that bullish?
[11:01]   Shai : so either 2 sets of FII’s operating here or they are hedgng NF against BNF or the other way around
[11:02]   Shai : vwap NF
[11:02]   Shai : yes Vaibhav it would mean downside looks curtailed for now atleast
[11:04]   RK : NF poor low?
[11:04]   RK : profiles are not clear to me..
[11:05]   RK : Shai can we increase the darkness of base in profile charts..like mild black or something else?
[11:06]   Shai : better?
[11:07]   RK : perfect..thanks
[11:07]   Rahul P : above avg vol on nf , so far right ??
[11:08]   RK : RM can you pls share the profiles between 7540-7700?
[11:12]   Shai : yes abv avg vol for this time of the day
[11:13]   Vaibhav : even if they can they will not pass gst bfore fed::politicians and their money
[11:13]   RK : daily has only greens..one lonely bear cub at top 🙂
[11:14]   RK : 30min getting sellers at VWAP..could be some buyers from lows getting out..
[11:14]   Venkatesan : :)))))RK
[11:15]   Tejpreet : That includes me 😉
[11:15]   Venkatesan : THEN TEJ have grerat guts
[11:15]   RK : ha always brave heart trading 🙂
[11:15]   Tejpreet : 7700 call from 105 to 166.
[11:15]   RK : Wow!
[11:16]   Tejpreet : Shai said 102 positional support saw the greens got in
[11:16]   RK : I think travel below 7680 would be like James bond skating at alps 🙂
[11:17]   r m : 🙂
[11:23]   Tejpreet : Oops 7600 was a typo 105 to 116.
[11:35]   Shai : NF and BNF still below vwap
[11:36]   Tejpreet : RK have you taken out our ski !
[11:38]   RK : Tej 🙂
[11:39]   RK : I have seen you on highway in opposite direction while travelling in Maruti 🙂
[11:39]   Kathir : hi all
[11:40]   Tejpreet : Maruti takes my TSL at 4508.
[11:41]   RK : switch to reverse gear at peak..another 50-75 miles down the hill destination 🙂
[11:41]   Shai : Sell BNF again 16795 sl of 16860 tgt 16726/ 16685
[11:43]   Tejpreet : Thanks RK for the update.
[11:51]   Shai : BNF triggered
[11:56]   Shai : 7640- 50 spot is the number to watch in NF , expecting 7587 spot today/ tom if it breaks
[11:56]   Shai : *Nifty
[12:20]   Janak : bn short looks tricky shai?
[12:24]   Rahul P : nf looks like a repeat of ystds story…..with vwap getting rejected continuously inspite of greens below
[12:43]   Ashish : 1 lakh buyer in NF
[12:43]   Tejpreet : 7700 call anyone buying at 103!
[12:44]   RK : dip buyers on full swing today not allowing sellers to take away
[12:45]   Rahul P : but not follow through action…vwap still resisting
[12:49]   Ashish : NF Daily candle has only 1 red at top… any chance to say “HI” to him..
[12:50]   Shai : exit the BNF short trade near cost here- we will stay flat for now
[12:51]   Tejpreet : Ashish aap ke muhn mein whisky soda aur chips …..in any order you prefer 🙂
[12:51]   Shai : haha
[12:51]   Venkatesan : :0000
[12:53]   Ashish : LOl Tej 🙂
[12:53]   Venkatesan : if that happens tej the seller also drink whisky to forget the trade
[12:53]   Venkatesan : but he is in profit now
[12:53]   Tejpreet : Only if Ashish leaves some till then:)
[12:54]   Venkatesan : :)))))
[12:54]   Venkatesan : i do not know ahihs ji capacity
[12:58]   Ashish : 4 bottle vodka, kaam mera roz ka 🙂
[12:59]   Venkatesan : :))) you are stonger than TN TASMAC customers
[12:59]   r m : that is why EDL was running up so fast! 😀
[13:00]   Tejpreet : ha ha RM
[13:01]   Ashish : woh desi ka asar tha RM 🙂
[13:01]   Venkatesan : EDL? rm ji
[13:01]   r m : lol
[13:02]   r m : @Venkatesan, a distillery stock I believe 🙂
[13:02]   Venkatesan : got it ji
[13:03]   Ashish : Shai, when did you expect IV’s to start gaining before FED event?
[13:03]   Venkatesan : empee distillaries ji
[13:06]   Vaibhav : by any chance shai has got the colours of those green wrong? 😉
[13:06]   Shai : already gaining
[13:06]   Shai : 16.47 sl in vix now for upmove
[13:06]   Ashish : Ok, thanks
[13:06]   Janak : bnf grinding down
[13:09]   RK : 12.15 greens seems got out..and now 12.45 greens exiting..once done..Bond will roll on skis 🙂
[13:20]   Shai : BNF looks uneasy to me- can spike anytime 80/100 points
[13:20]   RK : Heard you 🙂
[13:21]   r m : 🙂
[13:22]   RK : Shai BNF dVAH pls?
[13:22]   Janak : yeah shai –
[13:22]   Janak : better to exit short?
[13:22]   Ashish : Janak, are you long???
[13:22]   Shai : 16850
[13:23]   Janak : no i was short but booked out some at 10–15 pts
[13:23]   RK : thanks
[13:23]   Ashish : OK 🙂
[13:23]   Janak : unless US mkt show strong falls – we wil be ike this only yo-yo
[13:23]   Janak : all action happens with gap up and down
[13:24]   Ashish : how about your favourite DLF?
[13:25]   Shai : Janak is building a board position in DLF for himeself- soon will see that it is best traded from inside 🙂
[13:25]   Janak : ha ha
[13:26]   Janak : i take 15 paise trades also in df – if that makes the chairman of the board – well let it be;;
[13:26]   Ashish : Hahahaha…
[13:27]   Shai : if you take them up 15 paise every hour – they may just consider making you 1 🙂
[13:27]   Varun : shai can u show 12.40 candle once in 5 mins
[13:27]   Varun : need to see delta the
[13:27]   Janak : i try that every 2 hour shai – wil improve ::
[13:27]   Shai : this 1 of 99300?
[13:28]   Varun : thnks
[13:28]   Varun : ya
[13:35]   RK : what kind of base is that in profile 🙂
[13:36]   Varun : cn be a b
[13:37]   Shai : Bull has to think about starting a abalance here first before a recovery
[13:37]   RK : yep..but lows being filled in every 30 min
[13:38]   Varun : but unlable to do re
[13:38]   Varun : means long term buyers holding it up, if not able to pierce thru
[13:38]   RK : yes..too much bal at extreme leads to rejection
[13:39]   RK : happened at 8000
[13:39]   Shai : this will be 6th down day?
[13:40]   Shai : yes 6th from 8000
[13:41]   r m : yes
[13:43]   Jitender : looks like ftse has taken sumof that whiskey:-)
[13:45]   r m : must have been single malt!
[13:46]   Jitender : lifted our nse…foreign does tend to hv impact on us…
[13:46]   Ashish : BNF tum bhi pe loo thodi whisly..
[13:47]   Ashish : whisky*
[13:47]   Venkatesan : :)))
[13:48]   Ashish : charts stuck??
[13:48]   Vaibhav : yep
[13:48]   Jitender : charts stuck after whiskey shot:-)
[13:49]   Ashish : hahahah
[13:49]   r m : working on my PC, guess it got only soda 🙂
[13:49]   Varun : 365000 buyer at vwap
[13:49]   Varun : interesting
[13:49]   RK : 7697 is prev pullback of the day and dpoc was placed there then
[13:50]   RK : now vWAP moved to 7697
[13:50]   RK : so both times the visit there rejected
[13:50]   RK : move past that boom else down
[13:50]   Varun : rk trapped buyer in 12.15 candle at top
[13:50]   RK : but swift moves on the way
[13:50]   Varun : 18975
[13:50]   Varun : if he hets a exit
[13:50]   Varun : we could rally
[13:51]   RK : Varun we had around 50k there when 7697 was hit that time
[13:51]   Varun : cool
[13:51]   RK : check prev candle too
[13:51]   RK : its hidden now
[13:51]   RK : Shai can we pls expand 30 min for a moment pls
[13:52]   Varun : we can reduce daily sixe
[13:52]   Varun : size
[13:52]   Varun : ony 2 candles
[13:52]   Varun : price
[13:52]   Varun : cool 52, 18
[13:52]   Varun : now 25
[13:53]   Varun : break it man
[13:53]   RK : I cant see anything..only one yellow band in 30 min
[13:53]   RK : Yes got it
[13:57]   Shai : mor came later but still not able to take vwap out : (10:59) Shai :50k, 33k, 34 k on the drop in NF – all aggressive buys
[13:58]   Shai : Keep an NF sell below 7675 sl of 7703 tgt 7645/ 7624- Go with a 50% size
[14:02]   RK : this is intresting 🙂
[14:03]   Shai : wrb
[14:03]   Shai : 105150 out
[14:04]   Jitender : wats the rule for wrb shai?
[14:04]   Shai : hi- low of the bar for bias
[14:04]   Jitender : k..tx
[14:04]   Shai : add a point or 2
[14:04]   Jitender : cool
[14:05]   Hari : @shai, can we add another 50% to NF short
[14:06]   Shai : No saty with 50% only
[14:06]   Shai : stay*
[14:06]   Shai : 7640- 50 spot is a longer Time frame plasy also
[14:07]   Shai : ad we are just relying on some longs getting out intra
[14:07]   Shai : play*
[14:08]   Sumit K : @rm : MO?
[14:12]   r m : MO -58
[14:13]   r m : 16727 BNF, Shai’s target was 726!
[14:13]   RK : let it do 685 RM 🙂
[14:13]   r m : ok 🙂
[14:15]   Rahul P : shai, whats the criteria for playing the 45 degree rule ??
[14:18]   Tejpreet : Oone run to vwap 7700 call from 93 😉
[14:19]   Shai : 45 degrees I traade only on a normal day or gaussian curves- ignore it other times- does not have high probability
[14:19]   Janak : MO -58 means it wil go til -100 and so more falls on the way
[14:20]   RK : Janak in recent 6 months -60 is the boundary
[14:20]   RK : RM am I right?
[14:20]   Tejpreet : True Janak but can play for 10 point spikes with 4 point SL.
[14:21]   Shai : part book NF 7658 / raise sl to 7677
[14:21]   RK : that’s because trend of NF this year exhausts around 300-400
[14:21]   RK : gone those days with 500-600 move
[14:21]   r m : @RK, went below -90 in Aug
[14:21]   RK : RM might that one day
[14:21]   Shai : yes BNF can do more
[14:21]   RK : in last week of Aug
[14:22]   Tejpreet : 7700 call sl gone gives first loss since morning .
[14:23]   r m : yes RK, 24th AUG, 500 point fall in spot that day
[14:23]   RK : Yep
[14:23]   RK : big gap down
[14:23]   RK : otherwise cant recollect many -60/65 days
[14:24]   Tejpreet : BTW lot of investment advisors telling clients to move policies to protection mode from growth 🙂
[14:24]   Shai : STBT : BNF 16725 sl of 16840 tgt 16589
[14:24]   Shai : if we get close to 16600 today we will not carry
[14:26]   Shai : starting from 123675 we have 13k, 23k, 8, 23,43 K all below 7668 which could be longs coming out
[14:26]   Shai : in NF
[14:26]   Shai : all those early greens from 7680- 96
[14:29]   Shai : more big reds in NF
[14:31]   r m : Bond is skiing as promised by RK 🙂
[14:31]   RK : but Tej and Ashish are speedbrakers making the ride tough 🙂
[14:31]   Ashish : NO, i am under hangover now…drooling
[14:32]   RK : all the levels asked to Shai in stocks tab in all stocks are almost met 🙂
[14:32]   Tejpreet : No rk we dropped the skis now … just having whisky and watching you glide 😉
[14:32]   RK : lol
[14:32]   Ashish : will go wherever you want to take noe 🙂
[14:32]   Ashish : now*
[14:32]   Venkatesan : :))))
[14:32]   r m : lol
[14:33]   Venkatesan : i hope its not typo error asish but nnatural
[14:34]   Ashish : noooooooo
[14:34]   Venkatesan : :))))))
[14:39]   Venkatesan : profile b in the morning and now p
[14:43]   Porus : shai, what is nf tgt after 7624?
[14:44]   RK : 7590 spot
[14:46]   Porus : tks
[14:46]   Porus : RK
[14:47]   Shai : yes
[14:47]   Shai : let’s see if premium also drops and we see around 7580 F also if we go below
[14:48]   Porus : ok
[14:48]   Shai : some 1 buying into 7700 ce also-81
[14:48]   Shai : may be hedging
[14:50]   RK : 16685
[14:50]   RK : now waiting for 7624
[14:50]   Ashish : Bank nifty spot very close to weekly trendline support also….
[14:51]   Shai : yes
[14:52]   Shai : BN 17500 ce from 250 to 65 now
[14:52]   Tejpreet : European market melting like snow on alps.
[14:53]   Porus : DAX -100
[14:53]   Shai : NF near tgt 2- 7628 : Intra day book fully
[14:54]   r m : @Tejpreet, effect of Bond skiing? 🙂
[14:54]   Porus : shai, pls adjust nf daily
[14:55]   Tejpreet : Yes RM bond going to fast …ski generating het 🙂
[14:55]   Shai : Book BNF STBT – 16680
[14:56]   Sandeep : shai on fire 🙂
[14:56]   Varun : shai profile adjustment
[14:56]   Shai : 3I day in NF
[14:56]   r m : MO -61
[14:56]   Jitender : is the 3ib rule applicable for tomorrow
[14:57]   Shai : yes
[14:57]   Jitender : k..tx
[14:57]   Porus : what is that?
[14:57]   Abhishek : what is 3 ib ?
[14:58]   Shai : It says that in over 85% cases the lows of the swing can come in first hour (IB) tomorrow
[14:59]   Vaibhav : shorts carry then?
[14:59]   Shai : book max or carry a call as a hedge
[15:00]   Shai : I think 7700 call is being bought for a hedge or an upmove
[15:01]   r m : 3 times Initial balance
[15:01]   RK : Shai this vol deserves 7580 test..right?
[15:01]   RK : the prev swing low
[15:01]   r m : sorry, my chat is delayed
[15:01]   Shai : if not abv 7640 spot by close then yes
[15:02]   RK : Yes
[15:02]   RK : got it
[15:05]   Janak : having seen crude trading about 7000 – now it is 2500+ – looks bizarre
[15:06]   Jitender : shai…frest stbt on nf also?
[15:07]   Porus : silver too
[15:08]   Shai : can do Jitender
[15:08]   Jitender : k…tx
[15:09]   Shai : sl is at 7668 F where that liquidation began
[15:09]   r m : crude inventories everywhere are at all time high, eveybody is buying because it is cheap and fuel getting cheaper all the time 🙂
[15:09]   Jitender : sure…
[15:12]   r m : spot inching towards 7600
[15:13]   Shai : RM any news about India stockpiling? they were discussing about some storage at the Arabian sea no?
[15:13]   Anay : @rm what’s MO?
[15:14]   RK : Anay -61 10 mins back
[15:14]   Anay : ok thanks RK
[15:14]   RK : Welcome
[15:14]   r m : @Anay, -61
[15:14]   r m : @Shai, OMCs have reserves but have not heard about fresh reserves being built
[15:16]   Venkatesan : OMC recently biul storage at vizak
[15:16]   Venkatesan : built
[15:16]   r m : ok, so they are doing it quietly
[15:16]   Venkatesan : yes after crude crash and inventory losss
[15:17]   r m : yes, they have to show the losses in their balance sheet 🙂
[15:17]   Venkatesan : state and center earining better one selling fuel than OMCs
[15:18]   r m : OMCs are doing good all right, they will do better once real competition is there
[15:19]   Venkatesan : may be but they have disadvantage of owing last century refineries
[15:19]   Porus : Can we expect a fall of disbelief tomorrow before MO reverses?
[15:20]   Janak : all depends on US mkt tonight
[15:21]   Janak : if that falls we will have a khoon-snan today as rm wud luv to have it that way;
[15:21]   Porus : US mkt has become fickle.
[15:22]   Porus : US futures ofter show a misleading pcture
[15:22]   r m : they are just like SGX Nifty, real show begins when US market opens 🙂
[15:23]   Porus : Shai, NF premum increasing. So sellers booking profit?
[15:24]   Shai : it works on a number of variables, but if sellers were closing premium sould shrink 9/10
[15:27]   Ashish : Shai, how much importance you give for BNF tail at botom?
[15:28]   Shai : even NF has one
[15:29]   Ashish : Yes, both have
[15:29]   Rahul P : spike rules again tmrw, right ??
[15:29]   Shai : could mean a minor upmove – conflcited but esp in NF
[15:30]   Shai : No not a spike – was droppeing from 2.00 pm
[15:30]   Sankar : Ok then. Bye all. Have a nice evening :).
[15:30]   Shai : and 2 nd tf is there from 7628
[15:30]   Shai : Bye all
[15:30]   Venkatesan : bye all
[15:30]   Ashish : OK Shai, thanks
[15:30]   Shai : Have a nice evening
[15:30]   Ashish : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Jitender : bye all…
[15:30]   Anay : bye all
[15:31]   Tejpreet : Bye All
[15:33]   Shanmugasubramanian : bye all

[09:19]   Shankar : your views on BHEL please
[09:19]   Shankar : your views on BHEL please
[09:20]   r m : yesterday’s view – (13:42) Shai :bhel ha snice supp at 164.4-164.9- looks diff to break 1st attempt
[09:20]   r m : but i guess you need resistance now 🙂
[09:20]   Shankar : yeah 🙂
[09:30]   Shai : bhel 172.4 is 1st res . today’s move good as long as it is abv 166.3
[09:36]   Ashish : Shai,, what’s the support for Glenmark?
[09:45]   Shankar : Thanks Shai
[09:46]   Shai : 869 is the only 1 remaining in glenmark
[09:47]   Ashish : thanks… manzil abhi door hai 🙂
[09:48]   Shai : big move down- waht’s up in the counter?
[09:50]   Vaibhav : news,venezuala mkt
[09:50]   Ashish : yes..something like this…drreddy was also in this news alongwith glenmark
[09:53]   Shai : ok.thanks
[10:02]   Jitender : Currency deval to happen in Venezuala due to political stuff tere hence impact on earning of pharma co havn exposure
[10:15]   Ashish : Shai, Exide support please?
[10:21]   Shai : exide moving to 135.3
[10:22]   Ashish : Thanks
[10:25]   RK : Shai Asian can do 840 here?
[10:33]   Abhishek : Shai..lvls of Infy pls
[10:36]   Vaibhav : bank of india lvls shai?
[10:49]   Abhishek : Shai?
[10:52]   Shai : asian 841 possibe but 847.7 may throw a bounce first
[10:53]   RK : Fine.. thanks
[10:53]   Shai : infy has good supp at 1029- 33- abv 1049 gets strength
[10:53]   Shai : can see 1009 if goes below 1029 on closing
[10:56]   Shai : bankindia trend day yesterday may drift today- see 116 as support o intra but 121.3 is res and sl for shorts of yesterday
[11:14]   Abhishek : shai..lvls of Axis pls
[11:21]   Shai : axis 449 .7 a support fr the move down- continues to be weak below 455 closing
[11:21]   Shai : intra day axis shoing short covering here 452 and intra move may be done
[11:22]   Tejpreet : Shai Maruti can do 4540 now or book out longs from 4500
[11:31]   Shai : maruti may get resisted at 4524
[11:32]   Tejpreet : Thanks Shai.
[11:35]   Abhishek : thanks Shai
[11:45]   RK : Shai LIC next obj down?
[11:53]   Shai : 454 imm and then 446
[11:53]   RK : thanks
[12:00]   Ashish : Shai, Wockpharma levels please.
[12:01]   RK : HCL 845 yday morning low and 869 last hour high and today morning low again 846..massive swing..
[12:07]   Shai : yes hcl backed down in closing hour and broke trend day vwap
[12:07]   Shai : triggering sl of longs
[12:08]   Shai : was good long buildup till that last hour spike
[12:08]   RK : Yes..
[12:08]   RK : it may go to sideways I think..840-860
[12:09]   RK : TCS supply around 2680 Shai?
[12:09]   RK : *2380
[12:10]   Shai : wock weak below 1637 now and 1566-76 is the next supp on charts- intra weak below 1619 today
[12:12]   Shai : tcs moving to 2372 – should do it today- close abv 2354 can still give 2439 in coming sessions
[12:12]   Ashish : Thanks Shai
[12:12]   Shai : 2344 sl tcs
[12:12]   RK : thanks..waiting to see today’s close in TCS to take longs..
[12:16]   RK : Shai positionally TTM can do 380 from here..many attempts above 405 got rejected
[12:16]   Janak : sell BHEL fut at 170.3 for 168?
[12:17]   Vaibhav : bhel has news janak
[12:17]   Shai : yes seeing 389/ 380 in TTM
[12:17]   RK : Great..thanks
[12:17]   Janak : yes vaibhav
[12:18]   Janak : i want ony 1 pt or 50 paise
[12:18]   Janak : enough scalp
[15:11]   Shankar : Shai can TCS do abv 2400?
[15:15]   Shai : 2372 was what I was looking at early morning- is a good close but now add abv 2372 if not in and sl of 2350 from tom
[15:18]   Shankar : ok thanks Shai
[15:19]   Vaibhav : maruti can be shorted here shai?
[15:21]   Shai : maruti view was for 4476 and 4430 – can short fresh on open below 4475 tom
[15:22]   RK : just closed it Shai..nice 150+ ride
[15:25]   Shai : +1