OrderFlow charts and Notes 11/02/16

[08:47]   Shiva : Good Morning Rm
[08:47]   r m : Good Morning folks!
[08:47]   r m : Hi Shiva
[08:48]   r m : http://vtrender.com/evening-report-trade-dated-10th-feb/
[08:48]   r m : http://vtrender.com/orderflow-charts-and-notes-100216/
[08:49]   John : Good morning Shai, RM and all 🙂
[08:53]   Vikkas : Gdmrng all
[08:53]   Vikkas : Hi Rm
[08:53]   r m : Hi John, Vikkas 🙂
[08:53]   Suresh : Good Morning all
[08:56]   Ashish : GM all
[08:58]   Jitender : Gm Shai,Rm,folks:)
[08:59]   r m : Hi Jitender 🙂
[09:00]   Arvind : GM all
[09:02]   RK : GM Shai,RM and all
[09:02]   r m : Hi RK
[09:03]   Chirag : Hi all.
[09:03]   Chirag : GM everyone.
[09:04]   Shai : GM all
[09:05]   Ganesh : GM everyone
[09:06]   Tejpreet : GM All.
[09:08]   Siddharth : GM all
[09:10]   Sameer : GM All, Trust Nifty traders over European traders 🙂
[09:10]   Sandesh : GM ALL
[09:10]   Shai : eyes at 7185 on this open
[09:10]   Shai : anythng lower can pull 7120
[09:12]   Chirag : Shai sir,can you please adjust the TPO profile a bit for Nifty?
[09:14]   Chirag : Perfect.Thanks. 🙂
[09:18]   Shai : POSITIONAL BNF : Alerto suggests you book out the short position and close the trade.
[09:19]   Sandesh : BANG BANG
[09:19]   Shai : added risk today in earnings
[09:19]   Shai : trade small size
[09:19]   Shai : about 9% of the index reporting today
[09:19]   Chirag : 9.1%weightage reports numbers today
[09:22]   Venkatesan : gm to shai rm and to all
[09:22]   Sameer : Shai is this trap more weak bullls move ?
[09:22]   Shai : trend is down Sameer
[09:22]   Sachin : good morning friends
[09:22]   Shai : no point picking falling knives – you will get hurt
[09:23]   r m : Hi Venkatesan
[09:23]   Sachin : shai, 30 min orderflow font is bit small today, can it be adjusted1
[09:23]   Sachin : !
[09:23]   SandeepK : Shai, could you please increase font for 5 mins, 30 mins Nifty OF
[09:24]   Shai : 7219 and 7185 res line sfor the open
[09:24]   Shai : ref*
[09:26]   RK : Shai BNf ref upside – 14600?
[09:26]   Shai : 14550 and 14790
[09:26]   RK : thanks
[09:27]   Shai : a word of caution on today’s alerts : expecting swings to be wild and would recommend trading intra day smaller qty
[09:28]   Vikkas : +1 shai
[09:29]   Shai : wehn alerto sends 4 messages at the open, the volume is weird 🙂
[09:29]   Shai : OPen in the singles of yesterday below VAL
[09:29]   Shai : not positive at all
[09:29]   Shai : in NF
[09:30]   Sameer : Europe(positive) betrayed by US(negative) yesterday…will Europe gap down today ?
[09:30]   Shai : all that is noise Sameer, try to follow the volume of our charts here
[09:31]   Shai : all the reaction is always in the vols made here
[09:31]   Shai : 23.11 vix to watch at the open
[09:32]   Shai : can push it to 24.22
[09:36]   SandeepK : (09:23) SandeepK :Shai, could you please increase font for 5 mins, 30 mins Nifty OF ?
[09:36]   SandeepK : Thanks Shai !
[09:37]   Muhammad : Thanks Shai
[09:37]   Shai : the font is auto updated on range – will settle if we have few prev bars in same range
[09:38]   Shai : buyers/ short covering at the lows in NF and BNF even today
[09:38]   Shai : break is from this range intra : (09:24) Shai :7219 and 7185 res line sfor the open
[09:48]   Uttam : Shai 5 min charts adjust pls
[09:49]   Uttam : 1L buyer @ lows
[09:50]   Uttam : but sellers also unrelenting
[09:50]   Uttam : thanks Shai
[09:51]   Deepak : GM All
[09:51]   Deepak : Selling sees to be non human 🙂
[09:52]   Shai : big buyer at 7177
[09:53]   Uttam : another 40K+ buyer @ 7180
[09:54]   Ashish : These greens can attempt VAL now
[09:55]   Ashish : bought with stop of 7170
[09:57]   Shai : (09:56) Shai :Intra day : Sell NF at 7180 and at 7195 in 2 parts sl of 7224 tgt 7155/ 7126.
[10:01]   Uttam : POC shifting down Shai?
[10:02]   Shai : scratch the NF sell trade at 7180 here cost price
[10:02]   Uttam : DPOC
[10:02]   Shai : we will sell a full position higher
[10:03]   Shai : yes dpoc came down
[10:03]   Shai : this new buyer under pressure along with yesterday longs of the singles
[10:03]   Uttam : DPOC shiting down is bearish right Shai so we could have held the part short position?
[10:03]   Shai : It’s still a good short here but we will go conservative here
[10:04]   Shai : if vwap comes – we reassess
[10:04]   Uttam : ok Shai
[10:04]   Uttam : more greens
[10:05]   Chirag : This zone is an imp fib ratio support on spot.
[10:08]   Tejpreet : rm can you tell what was the low on modi 16 may .
[10:09]   r m : for which scrip?
[10:09]   Tejpreet : nifty spot 😉
[10:09]   r m : ok 🙂
[10:10]   Deepak : Even with greens we are coming down
[10:10]   Shai : BNf is red
[10:11]   Uttam : big red at that?
[10:11]   Deepak : yes, just saw that
[10:11]   Uttam : but this 26k seller @ low could get stuck?
[10:11]   Shai : yes could
[10:11]   r m : 16th May Nifty spot , Open 7270, High 7563, Low 7130, Close 7203
[10:12]   Shai : Nice 1 RM
[10:12]   Tejpreet : Thanks rm
[10:12]   Deepak : Thanks RM
[10:12]   r m : welcome 🙂
[10:12]   Tejpreet : So LIC must be getting calls from the government to defend the lows 🙂
[10:13]   r m : I don’t think any govt gives a damn about trader’s votes 😀
[10:13]   Chirag : lol
[10:14]   Tejpreet : haha but then lic needs to deploy those greenbacks.
[10:14]   r m : that is buy low and sell high 🙂
[10:15]   Tejpreet : No for them it is buy wherever and sell whenever!
[10:15]   r m : there is a gap in spot between 7020 and 7067, 12th and 13th May 2014
[10:17]   Shai : yup and we need to go to that 7067 🙂
[10:17]   r m : ok 🙂
[10:17]   Uttam : sellers @
[10:17]   Uttam : vwap in bnf
[10:18]   Deepak : Shai, when does a seller at low in BNF panics ? after 100, 150 or 200 points ?
[10:18]   Deepak : refering here the 26k seller
[10:19]   RK : Deepak above VWAP+50
[10:19]   RK : incase of BNF
[10:19]   Deepak : 14570
[10:19]   RK : but now a days no seller gets panicked 🙂
[10:19]   Shai : yes dvah and vwap
[10:19]   Deepak : ha ha
[10:19]   Deepak : ture
[10:19]   John : lol RK 🙂
[10:20]   RK : hit F2 during anytime of the day and square the trade by 3.30 is mantra of sellers 🙂
[10:20]   Muhammad : STBT
[10:21]   Shai : 23.13 ay high – (09:31) Shai :23.11 vix to watch at the open
[10:22]   Shai : 7000 pe march high of 165.7
[10:22]   Shai : needs to break 166 and NF a close below 7155 now
[10:22]   Uttam : above 168 we can re-enter right Shai?
[10:23]   Shai : yes 7155F other ref line in F- carry the put if close is below 7155 toay
[10:23]   Uttam : ok Shai
[10:33]   RK : stuck sellers gave 50 in BNF and 15 in NF
[10:34]   DrBansal : shai,short nifty at 7195 again?
[10:34]   Deepak : abv VWAP on NF… any significance
[10:41]   Shai : vwap, IBH and VAL in that order to monitor trend
[10:42]   Shai : yesterday we failed near VAL on that 100 point booster move
[10:42]   Shai : can expect a swinging day today also
[10:43]   Shai : trade conservative and don’t let your bias control you
[10:44]   Vikkas : my bias of yesterday afternoon screwed me over today mrng with a hit of 40 points ..but such are markets currently .. 🙂
[10:44]   Deepak : thanks Shai
[10:45]   r m : @Vikkas, markets are created for few to screw many 🙂
[10:45]   Shai : Vikkas always be conservative when going opp trend – trend does not change in 1 hour
[10:45]   Vikkas : agreed rm 🙂
[10:45]   Vikkas : yes shai ..learnt from yesterday
[10:49]   RK : my foremost and important priniple is if going contra against trend, that will be only intra and never a positional..
[10:49]   Shai : +1
[10:49]   RK : I can sit till death in trend even with whips but can’t do that with contra positions..will become restless 🙂
[10:50]   Shai : agreed
[10:50]   Uttam : very good insight RK
[10:50]   Uttam : NF struggling @ vwap Shai
[10:50]   Shai : me too – never the hero who caught the first 1o0 or the last 100 in NF – will wait for price to confirm
[10:50]   RK : *principle
[10:51]   Shai : it’s price , time and volume for me – and for trend change all 3 needed
[10:52]   RK : Yeah..me too never caught the tops and bottoms but no complaints 🙂
[10:52]   Vikkas : thanx Rk 🙂
[10:52]   John : agreed Shai & RK !
[10:54]   r m : @RK, no reason to complaint, you caught everything in between 🙂
[10:54]   John : better to be early adopters than the innovator as per diffusion model 🙂
[10:54]   RK : after becoming a fulltimer, have realised that where the bigger money is lost..it’s in the chase of catching tops and bottoms..we tend to lose patience when price is running away and try to do something in a hurry forgetting all homework..that’s what mkt trained to do to us..once we get out that itch and act only with known ref and plans, we can save a lot 🙂
[10:54]   r m : +1
[10:54]   Viral : +1
[10:54]   Chirag : +n
[10:54]   Tejpreet : RK full timer changes our whole views towards trading 🙂
[10:54]   Viral : plan ur trade trade ur plam
[10:54]   Viral : 🙂
[10:55]   Vikkas : agree totally RK
[10:55]   RK : as Shai used to say, mkt opens everyday and we get so many opportunities to make money..so missing a chance is not going to hurt always
[10:56]   Sachin : @shai/RK/RM What is the dark grey band behind the 30 min order flow
[10:57]   Uttam : developing value area of today
[10:57]   Tejpreet : How many full time traders in the room apart from rk n me ?
[10:57]   r m : @Sachin, Value!
[10:57]   Viral : me!
[10:57]   Sachin : thank you
[10:57]   Tejpreet : Great Viral .
[10:57]   John : me too tej!
[10:58]   RK : Tej I know two people..who are sitting on top of this chat box 🙂
[10:58]   Vikkas : me tej
[10:58]   Viral : haha
[10:59]   Sachin : friends, where/how do i learn market profile trading strategies, since i am new here!!
[10:59]   Tejpreet : RK those are not allowed to mingle with us that is why they sit higher 🙂
[10:59]   Sachin : any suggestions!@
[10:59]   RK : Tej 🙂
[11:00]   John : @Sachin Read mind over markets and CBOT handbook
[11:02]   RK : Sachin if possible, observe comments frm Shai here and take notes as to what inference he is giving behind the trades..his commentary will give better idea
[11:02]   Sachin : john, already reading it…
[11:02]   Sachin : sure RK
[11:02]   RK : and yes read MOM book and then go through Glossary in the blog..it will all fall in place one day..good luck 🙂
[11:03]   Hari : Sachin, Shai is the best teacher I have come across in MP, mind over markets is all theory, have your views, but trade with Shai, learnt the hard way, LOL
[11:04]   Sachin : sure Hari…
[11:04]   Vikkas : i feel for a newbie u shud start with CBOT and then go to MOM
[11:04]   Hari : And of course we have Jambavans like RM, RK and so on
[11:05]   Sachin : hehe… i did the other way, already read Markets in profile, now reading MoM and was thinking of also reading CBOT
[11:05]   Hari : These people have tons of experience, better to learn from them than trying to do things on our own and deplete the account
[11:05]   Sachin : you are right Hari..
[11:06]   Sachin : in your experience how much time it takes to learn MP trading startegies, considering i am a full time working employee and can little time during market hours ?
[11:06]   Hari : Theory takes one day, practice and discipline takes anywhere between 3-4 years
[11:07]   Hari : This is the toughest profession in the world
[11:07]   Sachin : average time… as i know it varies from person to person
[11:07]   r m : one minute I was away and folks calling me bear (Jamvant)!! 🙂
[11:07]   Sachin : yes, very tough… although it looks easy from outside..
[11:07]   Hari : no no RM, Jambavan means Ace investor in tamil
[11:07]   Sachin : he he…
[11:07]   r m : OK Hari 🙂
[11:07]   Hari : RK, pls throw some light
[11:08]   Sachin : Jamvant also means a bear….hehe
[11:09]   Hari : Sachin, see my spelling
[11:10]   r m : @Sachin, I think market profile is a long haul and it is more of a way of understanding markets then a trading strategy
[11:10]   Vikkas : @sachin let it take how much ever time it takes boss ..if ur base is strong enuff then u can make money forever
[11:11]   RK : Sachin for me it has been more than 7 years got into mkt and active trading is about 4 years..but still making mistakes and learning..so its a continuous process..will take minimum 2-3 years and atleast 1-2 accounts to go busted to learn and understand how to trade without loss..profit part comes later..so if fresher, better to start with small capital..
[11:11]   John : +1 RK
[11:12]   Arvind : me too tej
[11:13]   Tejpreet : Most important is to find your trading temprament , can you do positional , are you comfortable with stocks or only index , what are your strong traits . Get a system which matchs your personality .
[11:14]   Tejpreet : Great Arvind .
[11:14]   Viral : absoluetely agree with tej
[11:16]   Tejpreet : For me positionals are difficult to manage , would look at dow /sgx/tv/news even if had 2 lots but ID am comfy jumping in n out of positions with no worry 🙂
[11:16]   Viral : the toughest part ive realised is to stick to
[11:16]   Viral : ur own system
[11:17]   Viral : during drawdowns, which is a part of any trading system
[11:18]   RK : Yes..very important is to remove the thinking of making money from mind..should approach it as a business..so like to start a business how you go with parameters like location,type of business suits your personality, your fund positions etc..all this to be considered for trading too..for eg, I can’t respect SL in intra trades..I have a habbit to allow the losses to grow in intra as my attitude mostly suits with swing and positional..so trade 20% intra and 80% swing..Tej is just opposite personality..so we need to define all this..set framework and work within that only
[11:18]   RK : oops..it gone so length..will stop he
[11:18]   RK : here
[11:21]   Hari : Go On RK, hope we store all these views somewhere, pure gold
[11:21]   Hari : you cannot find anywhere in google all these
[11:21]   Vikkas : +1 Hari
[11:22]   RK : derivatives from busted accounts Hari :0
[11:22]   Hari : Same here RK
[11:23]   Shai : contra punt : Buy a 7200 ce abv 111 sl of 102 tgt 130/ 143- 9 points of risk only. speculative.
[11:26]   Jitender : Wats IBL?
[11:26]   Sachin : thank you so much buddies….
[11:27]   r m : 7162.8
[11:27]   Jitender : tx…
[11:27]   r m : so far day is IB 🙂
[11:28]   Jitender : 🙂
[11:28]   Jitender : net gvng loads of prob today…
[11:29]   r m : ok
[11:29]   Uttam : Shai 30 mins adjust pls
[11:29]   Chirag : Be careful then.I had some problem with my my net yesterday and got smacked.
[11:29]   Sachin : it is generally said that MP is not a trading system and it helps us to understand the markets. so my question to people in the room is “Do you use MP only for understanding the markets and use some orderflow only or with other indicators and MP reference levels for entering and exiting a trade”??
[11:30]   Viral : i use it to understand the markets
[11:30]   Viral : i use my own trading system for trading
[11:31]   Viral : i combine my signals with the levels shai gives
[11:31]   Viral : which i must say work beautifully!
[11:31]   Misaal : @sachin do you have any positions open ?
[11:31]   Sachin : no
[11:32]   Misaal : generally, you are more likely to get a resoinse from most traders in a sane environment or after market hours.
[11:33]   Sachin : right Misaal…
[11:33]   Sachin : no issues
[11:34]   Shai : Intra day : Sell BNF 14480 sl fo 14546 tgt 14412/ 14385
[11:37]   Sachin : buddies, am i disturbing you by asking question during market hours !! please let me know…
[11:37]   Sachin : apologies if so….
[11:38]   r m : Keep asking Sachin, folks will reply when they have time 🙂
[11:38]   Misaal : *not me
[11:39]   Sachin : aha… thank you…
[11:40]   Arvind : tradN
[11:40]   Sameer : yeh BNF options bohot illiquid lagta hai ! Need to be careful if putting market price for order
[11:40]   Arvind : trade is on for BN
[11:40]   Sachin : if i dont learn by asking questions from you people, i am not gonna learn, so please bear with me buddies… and i respect you time and expertise…for sure..
[11:44]   Uttam : stuck green @ top of 30 min bar in bnf, RK you in 😉
[11:44]   r m : 🙂
[11:45]   Sachin : buddies, what does the light green color in order low means (florocent greens represents ‘agressive buyers’, i know, but what about the other green color!
[11:45]   Sachin : order flow
[11:46]   Tejpreet : Shai below 55 can be punch sell order for that 26 in NF or wait.
[11:46]   r m : other green appears diagonally opposite red or green, it is the overwhelmed buyer or seller Sachin
[11:46]   Sachin : can you clarify overwhelmed buyer or seller !
[11:47]   Arvind : Hey thata a good session we all are learning a lot
[11:48]   r m : @Sachin, that guy was did in by aggressive bids/asks on other side!
[11:50]   Vikkas : nifty spot very close to 16th may 2014 low
[11:51]   Sachin : @rm, the format of the order flow is bid x ask, however we read it as agressive sellers x buyers, right!! because agressive buyers buy at ASK prices and agressive sellers sells at bid prices. is my understanding correct?
[11:52]   Shai : BNF at 14435 – book 50% and bring sl to 14480 on rest for tgt2
[11:53]   Shai : big 26000 green
[11:53]   RK : could be that trapped red making exit here
[11:53]   r m : @Sachin, agressiveness is determined by a ratio of buy volume to sell volume at that price point
[11:54]   Viral : shai, 7000 pe above 166
[11:54]   Viral : can we add?
[11:54]   Shai : not here – additions to positions at 3.10- 3.20 only
[11:54]   Viral : oh ok
[11:55]   Shai : or we do in IB hour
[11:55]   Viral : alright
[11:58]   Uttam : IBL broken in both NF & BNF & in NF sustaining below it, can expect multiple RE now Shai?
[12:00]   Shai : ignore that intra day NF 7200 call punt
[12:00]   Shai : we will stick with the main trend here
[12:01]   Uttam : doesn’t look like it will get triggered also Shai 😉
[12:01]   Shai : yes IBL breaks which means sellers are doing the better job
[12:01]   Shai : could have we were holding IBL and trade trigger was abv vwap for val
[12:02]   r m : (*** Private to Sachin ) diagonal volumes are matched for seller and buyers as shown in this image, when both sides are within an exceptable ratio then numbers are in neutral white color http://screencast.com/t/FH8AVCvnE
[12:02]   Shai : 7185 now res – headed to 7121/ 7099 intra
[12:07]   r m : MO has reached -78 at this stage
[12:07]   Shai : hmm
[12:07]   Jitender : ripe fr a bounce…
[12:08]   John : thanks for the alert rm!
[12:08]   Shai : 63 to watch on 7000 pe feb at closing today
[12:08]   Shai : 67 now
[12:09]   r m : @Jitender, last time the damned thing kept going lowwer till – 134!!
[12:09]   r m : welcome John
[12:10]   Jitender : i know…
[12:10]   Jitender : adv/dec crossed 90%
[12:10]   Jitender : ?
[12:11]   Jitender : prob is everyone is short now…incl retails
[12:11]   Jitender : retail
[12:11]   Jitender : tis is 3rd/4th day in row with -85 in nf
[12:13]   r m : No Jitender, still at 84% https://in.finance.yahoo.com/advances
[12:13]   Jitender : k..tx
[12:14]   Arvind : Shai when are you palnning to have the get togather? would be happy if you keep a taining session for duffers like me to learn how to read the MP charts
[12:14]   r m : Declining Volumes 84%, Declining issues 86%
[12:14]   Jitender : tx
[12:18]   Jitender : 72pe writers still holding…
[12:18]   Hari : Some smart recovery in stocks happening
[12:19]   Vikkas : which stocks hari
[12:20]   Hari : the ones that were beaten down by 10-15%,
[12:25]   Vikkas : ok
[12:28]   DrBansal : shai,bnf short covering or new buyers?
[12:32]   Sandesh : Shai.. above VWAP, can go long on NF?
[12:33]   Hari : UNION bank numbers are good
[12:37]   Vikkas : FA in BNF ..not confirmed though ..but a possiblility once we go abv IBH ..can someone confirm the same ?
[12:48]   Shai : BNf is sideways but has shown buyers willing to defend iBL
[12:49]   Shai : NF can go long abv vwap with strict sl
[12:49]   Sandesh : thank you
[12:49]   Sandesh : sl at days low?
[12:54]   Muhammad : nifty spot just made a new low… future didnt follow…
[12:54]   Sameer : Shai how (whenver that happens) much waited reversal will happen ?
[12:55]   Sameer : like huge FII long in CALL, etc
[12:56]   Shai : sl for buy abv vwap is 7154
[12:56]   Sandesh : tq
[12:57]   Shai : safer trade is long abv 7186 with sl of vwap minus few
[12:57]   Sandesh : got it, thank you
[12:57]   Shai : (09:10) Shai :eyes at 7185 on this open(09:10) Shai :anythng lower can pull 7120
[12:57]   Sandesh : hmmmm
[12:59]   Shai : intra day : Buy 7000 put Feb at 65 sl fo 52 tgt 79 and 85
[13:01]   Shai : we will convert this trade if it spikes at close today into a carry forward and if sl holds also
[13:01]   Shai : chances of a flash down below 7120 are big here
[13:02]   Hari : it ran away
[13:02]   Ashish : big seller @ bottom
[13:06]   Shai : wrb in BNF
[13:06]   Shai : 100 up
[13:06]   Porus : sbi results
[13:07]   Jigs : sbi flying
[13:09]   Ashish : sbin coming down again
[13:10]   Shai : (13:08) Shai :early buyers seen liquidating
[13:10]   Shai : eveything was coming offf at 166
[13:11]   Shai : npa 28%
[13:11]   Shai : looks like Rajan’s stick is working on all these banks
[13:11]   Porus : 2.8%
[13:11]   Shai : I think ICICI was the highest NPL at 35% increase
[13:11]   r m : yeah, all hidden NPAs crawling out!
[13:12]   Chirag : What a mess!
[13:12]   r m : Earlier the standard procedure was to restructure loan so that it is not classified as NPA
[13:15]   Shai : eyes on IBL and vwap now in both as sbi is out of the way
[13:15]   Shai : da type is open rejection lower and can finish lower
[13:16]   Shai : IBL and vwap needs to resist
[13:16]   Sameer : can we go to your target of 2060 ?
[13:16]   Sameer : 7060***
[13:16]   Sameer : today ?
[13:17]   Shai : if we flash down below 7120 now it can come today
[13:17]   Shai : but value is going lower even today
[13:17]   Shai : so no hurry
[13:17]   Shai : be patient and respect the trend
[13:17]   Sameer : yes 🙂
[13:18]   Shai : for the next 2 hours only IBL and vwap to watch
[13:22]   Deepak : Shai has has broken down… it seems can you post your views on VIX… Though its higher buts seems giving -ve divergence.
[13:22]   Deepak : has* VIX
[13:23]   Sameer : HoAaj khana bhi Desk pe bethke khaunga 🙂
[13:23]   r m : 🙂
[13:25]   Shai : Deepak it hit a high obj but not weak till below 22 intra day
[13:26]   Shai : 23.37 is the swing level for next leg up
[13:26]   Deepak : ok sure thanks… 🙂
[13:27]   Tejpreet : Shai as the vix falls the least affected options would be DITM ?
[13:27]   Ashish : USDINR broke day’s high
[13:28]   Shai : yes Tej – OTM gets influenced more
[13:28]   Tejpreet : Thanks .
[13:31]   Porus : BOI terrible results too
[13:32]   Ashish : RBI coming in USDINR
[13:32]   Shai : yes another NPA rise to 22%
[13:33]   Shai : I hope there is nothing else to declare next qtr
[13:33]   Sameer : Karma ka phal
[13:33]   Hari : hahaha
[13:33]   Shai : else BNF will be 4 digits soon
[13:33]   Ashish : hahaha
[13:33]   Porus : im sure there will be. cant come clean in one go.
[13:34]   Shai : yes that’s what I feel
[13:34]   Shai : but this is avg btw 20- 35 % rise and across pvt/ public
[13:34]   r m : @Shai, Banks have APR 2017 deadline to come clean by Rajan but PSUs are more afraid of Modi then Rajan 🙂
[13:34]   Tejpreet : Udayan has said SBIN in double digits.
[13:35]   Sameer : So it also means PSU bank would be making very long term bottom over next 1 year
[13:35]   Porus : bnf tft II comes
[13:35]   Porus : *tgt II
[13:35]   Ashish : SBIN back to day’s low
[13:35]   Porus : Shai, next tgt in bnf?
[13:35]   Sameer : BoB, UnionBank, CentralBank, SBI could be LT bets
[13:36]   r m : actually Sameer everyone in the business knows about these NPAs, it is just that they are being disclosed when global sentiment is down
[13:36]   Vikkas : +1 rm
[13:37]   Shai : 7000 feb PE hits 77 near tgt 1 – part book these gains but trail at 63 the balance
[13:37]   r m : 7120 cometh!
[13:37]   Shai : cmp 80 plus now
[13:38]   Tejpreet : ns at 7095
[13:39]   Sameer : @rm but thats also (partially)reflected in price otherwise why they will trade at single digit PE and > 5% div yield
[13:41]   r m : yes Sameer, it is all in the price!
[13:41]   Uttam : good greens in BNF Shai @ lows?
[13:41]   Shai : fairly good
[13:42]   Shai : but keep following IBL and vwap
[13:42]   Shai : (13:15) Shai :eyes on IBL and vwap now in both as sbi is out of the way
[13:43]   Shai : stay in the balance 7000 pe feb
[13:43]   Shai : ready for a flash down
[13:43]   Tejpreet : Yes till we get that 7060.
[13:44]   Sameer : Shai how its 84.9 ? I have sell order at 84.2 for last 15 minutes and still pending
[13:45]   Shai : only 1 trade got executed at 84.9
[13:45]   r m : @Sameer, mysterious are the ways of NSE 🙂
[13:45]   Shai : 81.4 last high vol
[13:46]   Sameer : No…How thats possible if I have limit order at 84.2 for last 17 inutes, how come somebody sells even 1 lot at > 84.2 ?
[13:47]   Sameer : Order Id: 160211000133426
[13:47]   Uttam : we could have a DD today Shai or very late in the day for DD?
[13:47]   Shai : stay in – you will get it
[13:47]   Shai : NV day headed for 3IB
[13:47]   Tejpreet : Could it be that broker held the order and did not send it to exchange instantly.
[13:48]   Sameer : Exchange No: 10000000018875310
[13:48]   Sameer : from Zeodha
[13:48]   Shai : 84.10 now Sameer
[13:48]   Shai : 85
[13:48]   Sameer : hmmm now got executed
[13:48]   Shai : hold a part
[13:48]   Uttam : 2nd tgt also comes
[13:48]   r m : http://screencast.com/t/MG6j7CLFw
[13:49]   Shai : we are carrying this if close abv 86
[13:49]   Chirag : squared off my positions due to a power cut.
[13:49]   Chirag : and then it goes boom!
[13:49]   r m : someone tested Sameer’s patience with a 5000 volume trade there 🙂
[13:50]   Porus : Shai, seems like your 13180 will also come today.
[13:51]   r m : @Porus, what if 6800 …. 😀
[13:51]   Porus : ching, ching
[13:51]   Sameer : last sell order at 94…will peacefully go to lunch now
[13:51]   r m : 🙂
[13:51]   Chirag : From oversold to oversoldest to oversoldestest!
[13:52]   Shai : 7074
[13:52]   Vikkas : rm whats MO here currently
[13:52]   Shai : Book out 7000 pe Feb at 85 now
[13:52]   Sameer : done
[13:52]   Jitender : +1
[13:52]   Sameer : thanks Shai
[13:53]   Sameer : maza aa gaya
[13:53]   Deepak : Done goodone Shai… 🙂
[13:54]   Shai : Positional : Part book another 7000 pe March at cmp 188. Traill balance up at 157 now
[13:54]   Shai : (13:01) Shai :chances of a flash down below 7120 are big here
[13:55]   r m : @Vikkas MO -84
[13:55]   Sandeep : shai tank empty now…..fill in with some fresh shorts when you get a chance 🙂
[13:55]   Tejpreet : 061.8 done.
[13:55]   Tejpreet : 7061.8
[13:56]   Deepak : Fantastic Shai
[13:58]   Vikkas : thanx Rm 🙂
[13:58]   Shai : thanks guys
[13:58]   Shai : feel good abt that 1
[13:58]   Arvind : superb
[13:59]   Arvind : shai
[13:59]   Shai : still holding a bit of 7000 pe march now
[13:59]   Ashish : fantastic Captain 🙂
[13:59]   Shai : risk free trade
[13:59]   Sameer : Arrey Shai Bhai,,,Aur kitna chahiye ?
[14:00]   Tejpreet : Guys looking at our performance in jan and feb till now …..the record is phenomenal !
[14:01]   Uttam : another buying tail in the making today 😉
[14:01]   Chirag : Brilliantly done sir. 🙂
[14:02]   Sandeep : probably the only one i saw who is consistently short from 7900 levels – shai 🙂
[14:03]   Sandesh : Shai….. its been 16 yrs since am there there in market. never seen such a a perfection! Hats Off!
[14:03]   Viral : keep up the great work , shai !
[14:04]   Viral : buyers being neutralised
[14:04]   Viral : ?
[14:04]   Shai : Thank you guys
[14:04]   Shai : felt good abt that 1
[14:04]   Hari : May the force be with you Shai
[14:04]   RK : lost all hats Shai..nomore hats off 🙂
[14:04]   r m : lol
[14:05]   Shai : haha . Thx Hari
[14:05]   Viral : lol
[14:05]   Shai : Rk Cheers
[14:05]   Uttam : yes Shai superb trades 🙂
[14:05]   John : Awesome as usual Shai 🙂
[14:05]   Hari : Shai, what is the next levels you see, you can perhaps post it in slack later, for education purposes
[14:05]   Shai : Thanks Uttam , John
[14:06]   Tejpreet : Janak not in …maybe depositing cash in banks ….my friend got this TM van rental service ….maybe I can help 🙂
[14:06]   Tejpreet : ATM
[14:06]   Shai : 6800- 6743 next
[14:06]   Shai : hence keeping a part put on
[14:06]   Shai : though will prefer a bounce to add
[14:06]   Sandesh : without a bounce/
[14:07]   Sandesh : ?
[14:08]   Shai : bounce is good
[14:08]   Shai : but we are poised to close at lows today
[14:08]   Sandesh : ok
[14:08]   Shai : and 7120 is res tom
[14:09]   Shai : if we don’t close abv it
[14:09]   Sameer : U mean 7120 is great opportunity to short this series tommorow ?
[14:10]   Shai : yes
[14:10]   Shai : Buy 7000 pe again at 99 -101 sl of 62 tgt 174 Feb- BTST
[14:11]   Shai : 7120 ref line into close and tom at open
[14:11]   Shai : we will exit if abv 7120 now
[14:11]   Shai : by close
[14:12]   Shai : taking further risk as it is NV down and posied to close at lows
[14:12]   Shai : poised
[14:14]   Deepak : Big hammer in 5 mins candle…
[14:16]   Sameer : yes
[14:17]   Viral : shai usdinr ?
[14:17]   Viral : can buy
[14:18]   r m : Nifty spot annual profiles https://files.slack.com/files-pri/T0F2YRXQT-F0LU33UET/nifty_annual_profile.jpg
[14:22]   Sachin : what does lot of white color orders mean ?
[14:22]   Sachin : short covering?
[14:23]   r m : it means neutral
[14:24]   Sameer : is bottom fishing still going on ?
[14:24]   r m : @Sameer, short covering and fresh longs both will look green there
[14:24]   Porus : Shai pls check 7500ce. Not falling enuf.
[14:25]   Sachin : rm, to be precise, does it mean low volume?
[14:25]   Shai : Book 7000 pe feb at 112 now- getting risky. we will close for day here
[14:25]   r m : @Sachin, no
[14:26]   r m : @Sachin, it only means that buyers or sellerls not outnumbered at those price points
[14:26]   Sachin : ok. thank you rm.
[14:27]   r m : (*** Private to Sachin ) did you get that pm where i tried to explain reds and greens to you?
[14:28]   Shai : @Viral usdinr is again aswing buy with sl below 68.07 but for intra day may have reached the obj at 68.39
[14:28]   Shai : but dips if you see 68.13- 68.20 with sl of 67.98
[14:29]   Viral : thanks shai
[14:31]   Hari : Shai, can’t see any reds from 14500 in BNF, I mean sellers, just greens, what does that imply
[14:31]   Shai : Porus vix is 24.75
[14:31]   Sameer : Yeh toh girta hi ja raha hai
[14:32]   Porus : ah
[14:32]   Sameer : Money mad by people from 9:30 to 1:30 should be less than money made by people from 1:30 to 2:30…
[14:33]   Sameer : Entering at right time is such important thing
[14:33]   Tejpreet : wrb all shorts dumped
[14:33]   Shai : 229 postnlt 7000 pe March
[14:34]   Sameer : Europe down by 3+%
[14:34]   Sameer : Aakhir hua kya hai ? Is Europe down becauze of SBI Result 🙂
[14:35]   Sameer : Heropanti…Bought two lots of 7200 March call for long term investement
[14:35]   Sameer : Buy and Forget
[14:36]   Tejpreet : vix will give 28 as given by Shai.
[14:36]   Sameer : anybody knows why Europe down ? Aaj to Tech Stocks on NASDAQ will again fall 10% 🙂 Neflix, Liinkedin, Twitter, etc
[14:37]   SandeepK : OTM puts are behaving like ITM puts
[14:37]   SandeepK : movement in the price
[14:37]   SandeepK : i meant
[14:38]   r m : Lord Alfred Tennyson “Ours is not to know why, ours is but to do or die” He said if for soldiers but applies equally well to traders too 🙂
[14:38]   Uttam : Mar 7400 CE stopped falling inspite of NF making new lows?
[14:38]   Uttam : indication that this could be a flush out move?
[14:38]   SandeepK : Indeed
[14:38]   r m : @Uttam, VIX jumping up so OTM options premium will go up or not decay at least
[14:40]   Shai : Utt vix is spiking
[14:40]   Shai : 25.45
[14:40]   Uttam : yes @RM had been following it since morning
[14:40]   Uttam : VIX could go higher Shai?
[14:40]   Shai : yes refer y’day post
[14:40]   Uttam : else could have been good time to sell a straddle?
[14:40]   Uttam : yep will do, thanks 🙂
[14:40]   Chirag : Shai sir,do you watch stochs and RSI?
[14:41]   Shai : tat 7300 strdlle I posted yesterday is at 506 from 440
[14:42]   Shai : Not needed Chirag- only price matters
[14:42]   Uttam : I shorted 7400 CE March @ 97 & bought feb 7000 pe @ 100
[14:42]   Shai : nice
[14:42]   Uttam : then covered both @ 110 & 92
[14:42]   Uttam : & now pe is 130 but ce @ 97
[14:43]   Chirag : Okay.
[14:43]   Tejpreet : Shai march 6300 put short at 53 .
[14:43]   Shai : vix can still do 28
[14:44]   Deepak : Great Shai… VIX reading… 🙂
[14:44]   Sameer : Shai,,,is VIX good indicator of top and bottom ?
[14:44]   Uttam : it seems like a second half spike today 😉
[14:44]   Shai : this is closing down
[14:44]   Shai : but with the higher volatility choosing to be on sideways here
[14:44]   Shai : panic is evident
[14:44]   Sameer : seems like 163 target will be achieved today
[14:45]   Uttam : bottoms are made in this kind of panic?
[14:45]   Uttam : some margin calls could have got triggered?
[14:45]   Hari : on NF, can’t see the buy/sell, just a bar chart, please adjust
[14:45]   Shai : for safety I came out of that put
[14:45]   Shai : don’t want to waste gains
[14:45]   Ganesh : Nifty < 7K spot
[14:46]   Tejpreet : Exactly looking at our gains from jan we can afford to be conservative ;0
[14:46]   Sameer : Pyschological level…May SL get triggered
[14:46]   Sandeep : welcome 6 series
[14:46]   Chirag : Unitech down 30%
[14:46]   r m : sd3 band for NF is also considerably below 7K now in my charts!
[14:46]   Sameer : Made 60% gain today on account..Thanks Shai
[14:47]   r m : @Sameer, wo mara, congrats 🙂
[14:47]   Sameer : and still making now 62%
[14:47]   Shai : Nice Sameer congrats
[14:47]   Uttam : great Sameer
[14:47]   John : wow sameer:)
[14:47]   r m : though normally 3% risk taking is recommended here 🙂
[14:47]   r m : on positionals
[14:48]   Sameer : Thanks all…Hope my greed works till 3:30 pm…Yes But I become I wild(OTM) after 2pm if I sense extreme day
[14:48]   r m : ok 🙂
[14:48]   RK : hard to believe 6*** 🙂
[14:49]   Jigs : wholsale ka rate, NSE BSE pe sale 🙂
[14:49]   SandeepK : lol
[14:49]   r m : last time when Nifty reached 25XX, PE was at 10
[14:51]   r m : it is still above 17-18 I guess 🙂
[14:52]   SandeepK : 7100ce 1 million+ vol in 1 min chart
[14:53]   Hari : Is this emotional selling?
[14:53]   Sumit : Shai – any levels for NF for tomorrow
[14:56]   r m : CIPLA and IDEA still green!
[14:56]   Hari : charts stuck
[14:56]   Hari : not moving
[14:58]   Hari : Zerodha also got stuck
[14:59]   r m : NEST is working on my PC (Zerodha’s)
[14:59]   RK : Dow and Dax 300 down..so what will we do tmw morning if we slide like this.straight 680? 🙂
[14:59]   Chirag : working for me too.
[14:59]   RK : *6800
[15:00]   r m : @RK, that was the prediction of Swami Shaiananda 🙂
[15:00]   Janak : someone in this room told that before friday end 7000 will be on board – who was that genius? ;
[15:00]   r m : bada bhaloo aa gaya 😀
[15:00]   RK : RM 🙂
[15:00]   Tejpreet : 🙂
[15:00]   Janak : rm kaisa raha mera aaj ka peformance::
[15:01]   r m : atyant sundar prabhu 🙂
[15:01]   Shai : Charts moving?
[15:01]   r m : yes Shai
[15:01]   John : yep
[15:01]   Janak : charts shaking shai ;
[15:01]   Uttam : yep
[15:01]   Hari : RM, I think he should be called, Sri Sri Shiananda Yogi
[15:01]   RK : no one is looking at chart..all are looking at F11 🙂
[15:01]   Hari : after his sojourn last dec
[15:01]   John : lol RK 😀
[15:01]   SandeepK : true RK 😀
[15:01]   r m : chart does not need energy, it is rolling down by gravity 🙂
[15:02]   Janak : i hope u guys played safe and followed shai’s calls here
[15:02]   Janak : not a market for faint-hearted people
[15:03]   Janak : we go till 6800 and then most likely towards 8500
[15:03]   Janak : a doble whammy in store
[15:03]   RK : Janak not a mkt for people with heart 🙂
[15:03]   Janak : 🙂
[15:03]   r m : @Janak, faint hearted are generally eliminated in first 2-3 years thru easy mode of heart attack 🙂
[15:03]   Janak : ha ha
[15:03]   SandeepK : this market is for me..trading every retracement with big quantity
[15:04]   SandeepK : only options
[15:04]   Janak : the rally is going to very sharp too
[15:04]   r m : wonderful SandeepK, keep getting richer 🙂
[15:04]   SandeepK : :):)
[15:05]   Janak : crude at 26$ – 1830 – utne me to achche shoes bhi nahin milte ::
[15:06]   Janak : US played a major politico-mkt move here by thrashing crude to 26 from 126 – arab world in a tizzzy
[15:07]   Janak : it has to one of the biggest manipulations ever happened in the mkts
[15:07]   Hari : Shai, the singles below in BNF, are they are any significance
[15:09]   r m : just fyi MO -86 and Declining Volumes 98% 🙂
[15:09]   Hari : wow, let us do 100
[15:09]   Janak : eu down 4%
[15:09]   Janak : either US does a U turn today or tom 6800
[15:10]   Shai : Positional 7000 pe hit tgt of 267 : Book out fully
[15:13]   RK : Algo you are welcome to end this 🙂
[15:14]   RK : someone from Manhattan closing his shorts which he initiated on xmas 🙂
[15:14]   r m : lol
[15:14]   r m : @Janak, when did you move to Manhattan from Pudducheri? 🙂
[15:14]   RK : damn! let Shai open such office and let me be a water boy there 🙂
[15:15]   Hari : Where is anticipated budget rally?
[15:15]   RK : what a vol that is !
[15:15]   RK : hari when you give up the anticipation 🙂
[15:15]   Vikkas : hi guys ..missed all the fun 🙁
[15:15]   Vikkas : what happened to the mkts
[15:15]   Janak : ha ha rm i moved when nf hit 9000;
[15:15]   Hari : I think the budget rally but on the reverse, lol
[15:15]   Janak : budget rally will start just 3 days ago
[15:16]   Vikkas : are we buying anything here
[15:16]   Janak : i will be upto 8000 and then 500 more up
[15:16]   r m : @Vikkas, nah we are just clapping for them who sold today 🙂
[15:16]   Vikkas : damnnnnn…
[15:16]   Janak : *disclaimer: my budget predictions have 100% track record of not working*;
[15:16]   Vikkas : what a move man mkts made today
[15:17]   r m : @Janak, then you are even better then AS 🙂
[15:17]   Vikkas : cud this also be the final capitulation that everyone was waiting for
[15:17]   Tejpreet : Vikkas VIX is too high too buy options and futures are too hot to carry overnight …now you decide;)
[15:17]   Vikkas : haha tej ..
[15:17]   Vikkas : i aint buying shit in this mkt ..
[15:17]   Janak : AS sold mars and moon today rm;
[15:17]   r m : 🙂
[15:17]   Vikkas : lucky that i had to go out for lunch ..so missed dong all the trades
[15:17]   Hari : what is the LC for nifty
[15:17]   RK : below 14777 first obj of Shai is 13950 and its done..that’s why its always imp to watch his macro levels..not traded though this time
[15:17]   Janak : 10%
[15:18]   Uttam : and that too in just 2 days
[15:18]   Uttam : yesterday we closed below 14777 & today we get 13950
[15:18]   Shai : Positional : Buy 7200 ce at 51 sl of 36 tgt 88
[15:18]   Vikkas : ril made a hammer on 30 mins
[15:19]   Shai : we will play for a bounce to 7120
[15:19]   r m : circuit limits – http://www.nseindia.com/products/content/equities/equities/circuit_breakers.htm
[15:19]   Vikkas : lol shai no guts to bloody buy anything looking at todays carnage
[15:19]   Vikkas : 🙂
[15:20]   Janak : shai +5 ;
[15:20]   Janak : but smart bears will sense this buying and drag nf down to 6850-6800 ::
[15:20]   Shai : NV was expected down and close at lows
[15:20]   r m : @Vikkas, sirjee MO – 86, declining volumes 98%, kuchh to shagun ke liye khareedo 🙂
[15:21]   Vikkas : chalo leta hoon 😀
[15:21]   Janak : yes vikkas buy some pe atleast!
[15:21]   Shai : we can afford to risk a bit
[15:21]   Vikkas : haha janak
[15:21]   r m : lol
[15:21]   Shai : will exit if below 35 at open tom
[15:21]   Shai : 15 risk gain is 36
[15:22]   Vikkas : chalo i bot @ 50
[15:22]   Janak : gold/silver up 2% massive rally
[15:22]   Shai : we start the month conservative and if the trades are going right we can afford to risk more
[15:23]   r m : @Vikkas, bacha liya 1 rupiya! 🙂
[15:23]   Shai : technical close – let’s bounce it tom on MO and repair the anomalies
[15:23]   Shai : hence the long ce
[15:23]   Vikkas : haha rm
[15:23]   Shai : will exit if open is lower tom
[15:23]   Vikkas : shai sir ka aashirvaad bas ab saath ho :p
[15:23]   Hari : which stock battered the most today, Maruti?
[15:23]   Janak : such is the fall that evfen a 300 pts gap up will see mkt back here by eod tom ;;
[15:23]   Shai : MO at 100 now?
[15:24]   r m : let me check
[15:26]   r m : MO -86, not much potential for falling further today
[15:26]   Shai : I think toay we shifted into a 6700- 7300 bracket
[15:26]   Shai : will post on slack
[15:27]   Shai : 6700- 7300 for next few months to repair
[15:27]   RK : Shai in your experience such fall closing at extreme of LT value, calls for bottom or start of the new LT range?
[15:27]   Vikkas : damnn
[15:27]   Vikkas : phit budget rally ka kya hoga
[15:27]   Shai : beraish bias still with sl above 7600 FA
[15:27]   RK : oh you just replied 🙂
[15:27]   Uttam : so 7400 CE mar will be a good short Shai?
[15:27]   Venkatesan : -86
[15:27]   Shai : remeber there was an FA at 7950 unvisiited after 5?
[15:28]   Shai : and now at 7607
[15:28]   Uttam : wow this time 7606
[15:28]   Vikkas : yes wow
[15:28]   Uttam : cool a unvisited FA has so much importance
[15:29]   Shai : beauty of Market Profile is the long term interpretation. That’s where it is really really good
[15:29]   Hari : now everyone is a bear and calling for 5k, lol
[15:29]   Shai : unfortunately some use it only for intra day
[15:30]   Viral : +1
[15:30]   Viral : shai
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Venkatesan : bye alll
[15:30]   Vikkas : bye all..happy evening
[15:30]   Porus : bye all
[15:30]   Hari : bye
[15:30]   Viral : bye all
[15:30]   Uttam : thanks all & have a nice evening 🙂
[15:30]   Suresh : bye all
[15:30]   Chirag : bye everyone
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Tejpreet : Bye All.
[15:32]   Siddharth : bye everyone
[15:36]   Arvind : Bye and Thanks Shai

[09:03]   RK : DR again on focus today..seems some buyback from management side..which is good sign as they got price at decent levels
[09:05]   Shai : ok
[09:05]   Shai : thx for the alert
[09:12]   RK : Welcome
[09:29]   r m : Results today – Adityabirlanuvo, Ashokley, Bank of India, BEML, BHEL, Coalindia, Heromotoco, ONGC, Oriental Bank, Jubilant food, SBIN, Tatamotors, Union Bank, Voltas, Wockhardt
[09:32]   Tejpreet : Any idea on time of the results of the biggies ….TAMO is after market I think.
[09:33]   Chirag : SBI should be during market hours.
[09:35]   r m : Results tomorrow – Adani Ports, Adani Power, Andhra Bank, Apollo Hosp, BPCL, Canarabank, CEAT, Godrej Ind, Hindpetro, IDBI, IFCI, IOC, M&M, NMDC, Oil India, Sunpharma, SunTV
[09:36]   Chirag : Shai sir,can you provide me an orderflow chart of a cash market stock?Is it possible?
[09:38]   Sandesh : hi SHAI.. GM. veiw on RCOM pls
[09:38]   RK : Shai Asian anything from OF here?
[09:47]   RK : RM that 3050 is freak tick in DR F?
[09:48]   r m : let me check
[09:51]   r m : it is showing 10000 volume
[09:52]   RK : great..thanks
[09:52]   r m : welcome
[09:52]   RK : marker for the day 🙂
[09:52]   r m : 🙂
[09:54]   r m : @RK http://screencast.com/t/D0eM1w5AN
[09:54]   Shai : rcom 55.1 supp on weekly- not comfy with intra longs till abv 57.5
[09:55]   Shai : asian driving down below 870 can hit 851/ 845
[09:56]   RK : thanks Shai
[09:56]   Shai : Intra day : Sell NF at 7180 and at 7195 in 2 parts sl of 7224 tgt 7155/ 7126.
[09:59]   Shai : @Chirag not possible to have good OrderFlow unless it is a high volume stock like sbi, ttm, maruti etc
[10:00]   Chirag : I need from 4th feb till date.Volumes over 80 lacs from 4th till 6th or 7th i guess.
[10:00]   Chirag : Will discuss after market houirs.
[10:00]   Chirag : hours*
[10:03]   Tejpreet : Shai ID levels to watch for in Maruti.
[10:07]   Shai : maruti intra weak below 3655 but also has a good supp at 3593′
[10:28]   RK : Shai DR open tick shows buyers or sellers today?
[10:33]   Shai : right at open has buyers 2977 but sellers at this POC 2945 now
[10:34]   RK : thanks Shai..
[10:52]   Tejpreet : Maruti does 3593 !
[10:53]   Shai : nice
[10:54]   Tejpreet : Shorts booked . Thanks Shai for perfect levels.
[10:58]   Chirag : Shai sir,ID – HUL good for 837?No momentum though.
[11:00]   Shai : hul seeing supp at 820 and can do 826/ 829
[11:00]   Shai : 829 may resist intra
[11:00]   Chirag : spot,right?
[11:00]   r m : yes, cash
[11:00]   Chirag : ok.Thanks. 🙂
[11:05]   Chirag : What does OF suggest on that dip in SBI and the recovery thereafter?
[11:11]   Shai : sbin is showing buying now – not much sellers on that dip below 160 yesterday
[11:11]   Shai : 160 is still the level to watch on closing today
[11:12]   Shai : for now sbin good abv 161 and can do 164.2 with sl below 160
[11:12]   RK : Shai 2510 could offer good support to Hero..how does it look? result today
[11:13]   Chirag : OKay.Thanks. 🙂
[11:15]   Vikkas : RK sahab uss mein 2480 aane do naa yaar 🙂
[11:19]   RK : Vikkas sahab slightly with bullish bias 🙂
[11:20]   Vikkas : ahh..ok i shorted today mrng at 2560 with stop at 2580
[11:20]   RK : just bought here with 2500 SL 🙂
[11:20]   Vikkas : trade between us only then :p
[11:21]   RK : lol
[11:21]   Vikkas : haha
[11:28]   Hari : Shai, your views on JUBLFOOD pls, is there huge buying at the lows
[11:29]   RK : Maruti 4600-3600 in 40 days..this is bad fall than DR which was actually on news..
[11:32]   Viral : shai ur views on dr reddy ?
[11:34]   Chirag : Shai sir,ID indusind?looking for a short.
[11:37]   Shai : this band 2513/ 2503 is a good supp in hero
[11:38]   RK : Yes Shai good old 2510 🙂
[11:38]   Vikkas : oops ..locking in a 50% shorts then
[11:38]   RK : rotation +/- 100-150 from here positionally taking place for long time
[11:38]   Vikkas : and shifting stop to Selling price
[11:39]   Shai : jubl food has seiing at the open and weak till it does not cross 1147- obj is 1075/ 1037 – safe if closes abv 1147
[11:40]   Shai : we marked dr reddy at 2980 as weak – has to cross abv 2980 or strength – for now it looks like it may do 2855 again
[11:41]   Viral : thanks
[11:43]   Shai : indusind bk nearing a major supp at 790- 793
[11:44]   Shai : short was better earlier in the week but now profit booking may come anytime
[11:47]   Chirag : Okay.Thanks.
[12:12]   Vikkas : shifting stop of heromoto short to 2551 @RK
[12:39]   John : Shai ur views on kotak bank?
[12:51]   Tejpreet : Shai ttm got buyers around your positional target 284.
[12:52]   Vikkas : Tej today result ..
[12:52]   Tejpreet : yes post market.
[12:52]   Vikkas : ok
[12:53]   Tejpreet : Positional horts target was 284/268.
[12:54]   Vikkas : are u sitting on shorts since monday @tej
[12:54]   Tejpreet : Since monday impossible …was loooking to pick some calls right at 84 🙂
[12:55]   Vikkas : ahh..ok 🙂
[12:56]   Shai : kotak one intra obj met at 647 today and gving a bounce- swing longs are back only if close abv 661 today- even then 682 may send supply again . supp below is 637
[12:56]   John : Thanks Shai 🙂
[12:57]   Vikkas : shorts booked in heromoto.. @RK all urs now 😀
[12:58]   Tejpreet : ttm 300 call half booked from 9.10 to 10.45
[13:01]   RK : great Vikkas
[13:03]   Vikkas : thanx RK
[13:07]   Shai : well past 164 : (11:12) Shai :for now sbin good abv 161 and can do 164.2 with sl below 160
[13:08]   Shai : 168.6 res in sbin
[13:08]   Shai : early buyers seen liquidating
[13:55]   RK : Shai Axis obj pls?
[14:00]   Shai : 377- 381 only if closes below 390 toay
[14:00]   RK : thanks Shai
[15:28]   Vikkas : tej look at ttm
[15:29]   Vikkas : heromoto made a low of 2489 wow
[15:29]   Tejpreet : Second positional Shai target
[15:30]   Vikkas : 🙂