OrderFlow charts and Notes 11/06/15

[08:53]   Vikkas C : gm shai
[08:53]   Shai : GM all
[08:54]   r m : Good Morning folks!
[08:55]   Chetan : good morning all
[08:55]   r m : http://vtrender.com/levels-and-plan-for-11th-june/
[08:55]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-10th-june/
[08:55]   r m : http://vtrender.com/option-values-dt-100615/
[08:55]   Porus : GM RM and all
[08:55]   r m : Hi Porus
[08:55]   r m : Nifty JUN Future levels | Key Reference Area 8166 | Hypo1 below 8094➜8071➜8021 SL 8129 | Hypo2 above 8166➜8216➜8251 SL 8109
[08:55]   Srini A : Good Morning Everyone
[08:56]   r m : Banknifty JUN Future levels | KRA 17567 | Hypo1 below 17567➜17460➜17254 SL 17656 | Hypo2 above 17774➜17881➜17985 SL 17650
[08:59]   Sharad : GM all
[09:01]   Tejpreet : GM All.
[09:01]   Venkatesan : gm shai, rm and friends
[09:01]   r m : Hi Venkatesan
[09:02]   Venkatesan : rm 5th june 15mt chart at delta price npoc @8198 what is n?
[09:02]   Shai : Using KRA 8166 in NF today fr the rise. BNF showed weakness so KRA at 17567 below to spot more weakness
[09:03]   Chetan : do we have to cover 8k pe on opening price btst call?
[09:03]   r m : npoc is naked POC I think, means one which has not been revisited, let me check the chart
[09:04]   Soumya : Seems like good gap up on cards
[09:06]   Ashish : Gm all
[09:07]   Dharamveer : Good morning friends
[09:09]   r m : @Venkatesan, 8198 is HVN from 3rd JUN
[09:10]   Venkatesan : thank u rm
[09:11]   Hemant : GM folks
[09:12]   r m : welcome
[09:12]   Ravi Chahal : GM all, first time here
[09:12]   Sumit : GM everyone
[09:13]   r m : Hi Ravi, welcome to the room
[09:13]   Venkatesan : welcome ravi
[09:13]   Ravi Chahal : thanks!
[09:13]   Moses : GM All
[09:13]   Venkatesan : rm room poc is near south india
[09:13]   r m : after yesteray’s drive USDINR again below PDL
[09:13]   Augustin : GM everyone
[09:13]   Suyash : GM all
[09:14]   r m : yes Venkatesan!
[09:14]   r m : Shai has won over south, now it is the turn of north 🙂
[09:14]   RK : GM Shai,RM and all
[09:14]   r m : Hi RK
[09:14]   Hemant : POC down south Venkatesan? 🙂
[09:15]   Venkatesan : hement :))
[09:18]   John : GM all
[09:24]   Venkatesan : spot nifty shows error shai, rm
[09:24]   Shai : No hold the 8000 PE with sl of KRA + 10
[09:24]   Shai : gets profitable if 8094 breaks today
[09:25]   Shai : Open is in the spike of yesterday
[09:25]   Shai : Could play out the spike zone for a while
[09:26]   Shai : signs of long iiquidation were there in this spike zone yesterday after the short covering move seen early morning
[09:26]   Shai : we look out for buyers in this spike today holding vpoc
[09:26]   Shai : 8166 ref line
[09:28]   Tejpreet : Value of 8000 put should be around 46 at kra plus 10 ….right .
[09:31]   Dharamveer : what is the bug volume at 8
[09:32]   Dharamveer : 8144
[09:32]   Shai : yes sl below 42 tgt 88 and 106
[09:33]   Shai : BNF selling off
[09:34]   Shai : 8144 has both a buyer and a seller
[09:34]   Shai : again opp like yesterday
[09:35]   Shai : Sell BNF in 2 parts at 17725 and at 17774 sl of 17810 tgt 17570
[09:36]   Srini A : @Shai, Will HUL sustain the momentum?
[09:38]   Shai : yes just about here at 833 is the res
[09:38]   Srini A : Thanks
[09:38]   Shai : a close abv 833 can mean 886 in coming daya gain
[09:38]   Varun : shai has thr been buying in last 5-7 mins in nf
[09:39]   Varun : buyers at bottom of 5 min
[09:40]   Shai : No
[09:40]   Varun : thnks
[09:41]   Shai : that area is vah from yesterday
[09:41]   Ravi Chahal : what would be the price of Put option BankNifty 17500 at 17725?
[09:42]   r m : 17725 Future?
[09:42]   r m : that is near CMP
[09:43]   Ravi Chahal : option
[09:43]   Ravi Chahal : put option
[09:43]   r m : yes 17500PE but you want its price at which level
[09:43]   Ravi Chahal : at 17725, which was suggested to buy in part 2 by Shai
[09:44]   Sreedhar : Good Morning to all..
[09:44]   r m : @Ravi, you mean CMP, Future is near there only
[09:45]   Ravi Chahal : 17500PE is at 209 currently
[09:45]   r m : it should be around 205 near 17725 F
[09:45]   Ravi Chahal : ok..thanks
[09:47]   Shai : alert : BNF looks like a drive down
[09:47]   Hemant : 🙂
[09:47]   Shai : 17664 vpoc of yesterday
[09:47]   Shai : is a leader and hence imp
[09:48]   Ravi Chahal : hmmm at at 17225 17500PE should be higher?? not 205
[09:48]   Ravi Chahal : sorry
[09:48]   Ravi Chahal : wrong question
[09:48]   Ravi Chahal : ignore
[09:49]   Shai : If VPOC does not break in BNF we have to bundle out of shorts, stay alert
[09:50]   Shai : y’day vwap is also at 17669
[09:50]   Shai : that vwap is the vwap of the move of 300 points so imp for trend
[09:51]   Chetan : shai vpoc means yesterday poc not virgin poc am i right?
[09:52]   RK : Spike high and Spike low almost met
[09:52]   Shai : Volume point of control
[09:52]   Pawandeep : GM Shai,rm & Friends
[09:52]   r m : Hi Pawandeep
[09:52]   Chetan : ok thanks is it available in charts shown here
[09:53]   Shai : Same as POC of yesterday
[09:53]   Shai : Virgin POC will show as npoc on the 15 mn chart
[09:54]   Tejpreet : Shai views in LICHSGFIN.
[09:55]   Soumya : sun pharma also seems to have started to make a move – any views shai?
[09:58]   Sreedhar : Shai in NF below IBL should 8058 be next target?
[09:58]   Venkatesan : shai uses of npoc? strong resistance or support?
[09:58]   Shai : lic 389 is a nice supp done yesterday
[09:58]   Shai : seeing today as two way and non directional
[09:59]   Shai : today continuation up poss abv 407 break only
[09:59]   Shai : positional close abv 404 this week will be good in lic
[09:59]   Shai : intra day supp 397
[10:00]   Shai : NF tgt here is 8095 below 8112 spike lows
[10:00]   Shai : again like yesterday vwap is important today as both look like drives
[10:02]   Hemant : Shai, ok to short 8100 CE here?
[10:02]   Tejpreet : Thanks for lic lvls
[10:02]   Varun : shai if f period ticks above e period, will it mean thr is 2 time framing
[10:02]   Varun : and nt one
[10:02]   Soumya : shai – do have a look at sun pharma – looking quite strong to me for target of 885
[10:05]   Shai : sun pharma good abv 827 all day today
[10:05]   Shai : tgt of the move seems to be 852/ 870 (sunphama positional)
[10:06]   Shai : yup agree
[10:07]   Shai : Hemant wait a bit more – but can short if 8110 F breaks
[10:07]   Hemant : Got it Shai. Tyvm 🙂
[10:07]   Shai : Varun yes post IB it will be vwap and IBL also
[10:09]   Varun : so now ib range extension hold the key, we come out of spike or rotate here
[10:10]   Shai : vpoc bnf
[10:12]   Hemant : Shai, you mentioned no new longs added yesterday. And feeble shorts were flushed out. What could be next? Doesnt augur well for the markets, does it?
[10:12]   Shai : No
[10:12]   Shai : On a god trend day we have to see new buying
[10:12]   Shai : not closure of old buisness
[10:12]   Shai : good*
[10:13]   r m : FII added significant number of long Index PE
[10:13]   Hemant : So more or less, we arent out in the clear just yet. Higher TF folks would milk this situation.
[10:13]   r m : http://vtrender.com/wp-content/uploads/2015/06/fiioi6.png
[10:14]   Vikkas C : SHAI thinking of buying bnf 17500 pe..any views
[10:14]   Soumya : Thank you Shai
[10:15]   Venkatesan : shai o=h is valid today?
[10:15]   r m : Client category also booked long index CE yesterday and added net long Index PE
[10:15]   Shai : Vikkas buy that PE now when IBL breaks
[10:15]   Shai : would also mean break of this vpoc
[10:15]   Vikkas C : ok thanx
[10:15]   Shai : buy after 10.30
[10:15]   Tejpreet : Shai is Bn a contra buy here at vpoc with sl val plus filter.
[10:15]   Ravi Chahal : bank nifty 17500PE buy now/
[10:15]   Ravi Chahal : ?
[10:16]   Shai : Cover the BNF shorts taken at 17720 near 17670/ 17675 limit
[10:16]   Shai : we will attempt that trade again with full qty
[10:17]   Shai : No Ravi Buy only when IBL breaks post 10.30
[10:17]   Ravi Chahal : ok
[10:17]   Shai : Tejpreet normally day after trend day a buy at vpoc works 8/10 times but today am not sure
[10:18]   Shai : Tis 17680 zone was a problem area even yesterday- waiting for a decisive move away from here
[10:19]   Hemant : I suppose its time to get into that BN PE broke VAL
[10:20]   Tejpreet : Looks like vpoc goes for good 🙂
[10:20]   Shai : we will come back to 17670
[10:20]   Varun : shai cn u refresh data
[10:20]   Varun : buyer in 5 and seller in 15
[10:21]   Dharamveer : 8106 and 8096 is it new sellrs or sl triggers
[10:21]   Hemant : Venkatesan, shorted that CE. Hope I didnt sell to you 🙂
[10:22]   Tejpreet : Part booked 8000 put brought today at 54 now at 72 .
[10:22]   Shai : all shorts today
[10:23]   Hemant : Are these fresh ones Shai?
[10:23]   Shai : yes
[10:24]   Shai : Keep an order to sell BNF agan near 17650/ 17660 sl of 17720 tgt 17570
[10:24]   Venkatesan : tej 40% return
[10:24]   Hemant : Great
[10:24]   Tejpreet : All thanks to Shai for insisting to hold on to 8000 put in early morning.
[10:25]   Hemant : Shai, BNF looks weaker that NF here?
[10:25]   Hemant : than*
[10:25]   Sreedhar : sbi going down..
[10:28]   Shai : Sell NF tgt 8071/ 8021 . cmp 8092
[10:28]   Shai : sl of 8122 on day now
[10:28]   Shai : Keep that BNF trigger for sell pending
[10:31]   Shai : 8071 is support now
[10:31]   Shai : if that breaks we get a fast fall
[10:32]   Hemant : Hypo 1 BNF in play
[10:32]   Shai : haha
[10:33]   Shai : 8055
[10:33]   Augustin : Wow
[10:33]   Hemant : 🙂
[10:33]   Tejpreet : 8000 booked out at 82 .
[10:34]   Hemant : Tej there is much juice left in that PE I suppose
[10:34]   Augustin : Book 8000 PE at 88 or part book?
[10:34]   Tejpreet : Positional holding 8200 call sell for id got enough juice.
[10:34]   Shai : Part book 88
[10:34]   Augustin : Ok
[10:35]   Shai : Missed BNF which again gave us that early clue
[10:35]   Shai : 🙁
[10:35]   Hemant : Shai, ok to aim for 7970 here?
[10:35]   Varun : i exited at 17775 cos of shai last nite tweet 🙂
[10:36]   Varun : rite at open
[10:36]   Vikkas C : had bought 17500pe @ 218
[10:36]   Vikkas C : sold at 295
[10:37]   Hemant : Congrats Vikkas
[10:37]   Tejpreet : Good one vikkas.
[10:38]   Dharamveer : Shai what about early morning buyers
[10:38]   Vikkas C : thanx guys
[10:38]   Hemant : Sell on rise Shai ?
[10:38]   Shai : Part book NF here hold bal at 8097 now
[10:39]   Shai : Yes sell on rise
[10:39]   Shai : Dharam veer from yesterday?
[10:39]   Shai : they were short covering
[10:39]   Dharamveer : ok sorry
[10:43]   Shai : weak below 8071
[10:44]   Shai : 17570 ref line in BNF
[10:44]   Varun : any breaks in profile @shai
[10:44]   Shai : None in BNF- 8126 anomaly in NF
[10:45]   RK : we should have break below 8082..my 75 paisa spread order got a miss 🙂
[10:45]   RK : I mean break in profile
[10:45]   Shai : Yes 8084 is a break
[10:45]   Shai : 8084- 8074
[10:46]   RK : if we repair that inrta that would be nice..have some unfinished business 🙂
[10:46]   r m : 🙂
[10:46]   Porus : @Shai, existing bnf shorts target is 17460?
[10:47]   Shai : Porus 17335
[10:47]   Shai : sl is still vpoc 16770 though
[10:47]   Porus : ie 8 jun low?
[10:47]   Shai : yes
[10:48]   Porus : ok
[10:48]   Shai : but this move of today can brng 17090 F
[10:48]   Porus : by tom?
[10:48]   Shai : next week
[10:48]   Shai : looking for a bounce higher to reshort BNF
[10:49]   Augustin : Book full NF Shorts at 8021?
[10:49]   Shai : yes
[10:49]   Augustin : Tks
[10:49]   Shai : BNF has done yesterday lows
[10:49]   Shai : NF hasn’t
[10:50]   Shai : 8000 pe high anyone?
[10:50]   r m : 88.50
[10:50]   r m : your target 🙂
[10:50]   Shai : look at 72 as sl if holding
[10:51]   Venkatesan : yes i am holding
[10:51]   Venkatesan : thank u
[10:51]   Shai : chances of 117 are there but has to go abv 88
[10:54]   Augustin : Fresh buy of 8000 PE above 89?
[10:55]   Shai : ca do
[10:55]   Augustin : Ok
[10:55]   Shai : but use 88 with a filter – it’s an area for price
[10:55]   Shai : allow price to stay abv for a few mins before buy
[10:56]   Augustin : Alright
[10:58]   Shai : Looking at 8021 F now for volumes in NF. If that breaks add up on 7900 pe for tom or Monday
[10:59]   Shai : tgt of the move can be 7930 F thn
[11:00]   Vikkas C : SHAI i didnt get to short NF..at what lvls can i initiate fresh shorts
[11:02]   Shai : short near 8065-8071 sl of 8097 tgt 8021
[11:02]   Shai : or below 8020 now
[11:02]   Vikkas C : ok thanx
[11:02]   Venkatesan : shai throw some light on npoc last time i noticed in NF and now BNF ,
[11:03]   Hemant : Shai, what could be the target for 8100 PE?
[11:03]   Venkatesan : u said npoc is virgin , bnf npoc any more virgin
[11:03]   Ravi Chahal : target for 8100PE?
[11:04]   Shai : Venkatesan 17540 is today’s npoc hence showing in that chart
[11:04]   Shai : that chart will show the closest 2-3 npocs
[11:05]   Augustin : NF trading below PP0
[11:06]   Shai : 156 and 168 tgts on that 8100 pe
[11:06]   Venkatesan : thank u shai
[11:09]   Shai : short BNF near 17465 again sl of 17530 tgt 17350
[11:10]   Shai : wait for limit orders to come- don’t chase esp BNF
[11:10]   Sreedhar : 8024
[11:11]   Ravi Chahal : BNF 17500PE target?
[11:12]   Vikkas C : 500
[11:12]   Soumya : where can we short nifty again shai?
[11:13]   Dharamveer : What is the Think Pink OF wave
[11:13]   Vikkas C : (11:02) Shai :short near 8065-8071 sl of 8097 tgt 8021
[11:13]   Chetan : what does of wave meaning in chart
[11:13]   Chetan : OF WAVE
[11:13]   Sandeep : what was the nf low of yesterday
[11:13]   Vikkas C : 8011
[11:16]   r m : @Dharamveer, that is Order Flow for swing trades
[11:16]   r m : seen very rarely on screen 🙂
[11:18]   Pawandeep : @ Shai market in seeling with +tive delta from last 60 nin
[11:18]   Pawandeep : Selling*
[11:18]   Dharamveer : so if its blue positive and pink for negative just like the thin line
[11:19]   Sandeep : if no positions as of now , any trade suggestions Shai /
[11:19]   Sandeep : ?
[11:20]   r m : yes Dharamveer but for swing trades stops are next power support or resistances in fdn sheet
[11:21]   Tejpreet : Volumes today have been good in this fall .
[11:22]   Sreedhar : Shai in in MP chart there is a reference point at 8032 what is that?
[11:24]   Chetan : WHAT IS DNA IN MP CHART
[11:25]   Ashish : Shai, Please refresh 15 minute chart
[11:26]   r m : @Sreedhar, looks like IB extensions 2IB, 3IB to me
[11:27]   Sreedhar : Thanks RM
[11:31]   Suyash : @r m : since the last four candles in NF is delta positive, does it mean that buyers are coming in for now?
[11:32]   r m : could be shorts booking proft too
[11:32]   Suyash : ok
[11:33]   r m : @Chetan, could be a previous vpoc indicating start of down auction
[11:33]   Tejpreet : Right rm … as per Heckyl data only shorts since morning 1115 to 1130 is first sc.
[11:33]   r m : Thanks Tejpreet!
[11:37]   Hemant : More selling 🙂
[11:39]   Hemant : Shai, can cover 8100 CE here or wait for more?
[11:39]   Hemant : Initiated at 126
[11:40]   Shai : cover 7970
[11:40]   Hemant : Ok
[11:41]   RK : 8110 original short and covered at 8093 and missed 8081 entry..damn 🙂
[11:41]   Shai : refreshing data
[11:41]   Tejpreet : Even i covered my id 8000 put at avereage 77 .
[11:42]   Shai : thse not in shorts pls wait
[11:42]   RK : only consolation is BNF short as per hypo and 7800 PE at 19 yesterday
[11:43]   Venkatesan : hi rk tomorrow is there
[11:43]   RK : Venkatesan ofcourese..everyday is a new day 🙂
[11:43]   RK : *ofcourse
[11:43]   Venkatesan : :))
[11:43]   Shai : My regret is BNF- wanted to get even from yesterday
[11:44]   Sreedhar : yes missed BNF
[11:44]   Soumya : I am eagerly waiting for a new nifty short point
[11:44]   Shai : That vpoc break did not give a chance again to re-enter
[11:44]   Soumya : i went in with small position size – want to add
[11:44]   Ashish : I got luckier man, holded shorts since yesterday and added yesterday…now :):)
[11:44]   Shai : New NF short point is 8021- 8037 sl of 8071 on day
[11:45]   Shai : tgt 7970/ 7913
[11:45]   Ashish : I mean holded from day before yesterday.
[11:45]   Shai : Cheers Ashish
[11:45]   Ashish : thanks shai, your tweet last night gave confidence
[11:46]   Venkatesan : what is the tweet id shai
[11:46]   Shai : That data was striking- I mean on down days we had longs added but not a big up day?
[11:47]   Ashish : yes…thanks a ton for that :
[11:47]   Venkatesan : ashish u r qualified fii
[11:48]   Ashish : Yes, venkat…failed individual investor – FII
[11:48]   Shai : Sell NF again aat 8020 in 1 part and second at 8055(if it come) sl at 8075 tgt 7970/ 7913
[11:48]   Venkatesan : @ahish ;))
[11:49]   Shai : BNF came clsoe to tgt – (10:47) Shai :Porus 17335
[11:49]   Shai : there are buyers in BNF here at 17330- 17370 so cover BNF and look to short below this zone
[11:50]   r m : lol
[11:56]   r m : @Shai, what is your view for tatamotors shorts?
[11:56]   Soumya : shai – all green bars in nifty – strong buying?
[11:56]   Varun : Whats mo @rm
[11:56]   r m : was -18 yesterday
[11:57]   Varun : thanks
[11:58]   Shai : no short covering
[11:58]   Shai : still one time frame lower
[11:58]   Shai : a pull back before 1.45 is always used to sell
[11:59]   r m : MO -34 as of now but better to check near closing time
[11:59]   Tejpreet : Shai what is the 128925 well at 7994.
[11:59]   Shai : NF plan for rest of the day is to short the rise between 12.00 and 1.45 pm
[11:59]   Tejpreet : is it longer time frame LL.
[11:59]   Shai : tgt is close at day lows
[12:00]   Shai : Rise can come to vwap but should not exceeed the previous day POC
[12:00]   Shai : In BNF 17470- 17530 is where the resistance is
[12:00]   Shai : again sell on rise tere too
[12:03]   r m : @Shai, your view on tatamotors and icicibank shorts please
[12:13]   Shai : icici bank good supp at 285
[12:13]   Shai : shrt only below 285 fo 281/ 280
[12:13]   r m : ok
[12:13]   Tejpreet : Shai NS didinot break 8000 tough future breached 7997… i have some longs around 8003 futures book now or hold.
[12:15]   Shai : tata motors short below 438 can do 429
[12:15]   r m : Thanks Shai!
[12:15]   Shai : NF is 8030 is crossed can bounce 20 points to 8054
[12:16]   Shai : bu don’t see it cross 8071
[12:16]   RK : Shai pls check Asian paints..price is in new territory..shorts can be held till what level?
[12:16]   Tejpreet : That is a good RR with SL 7 points below Day low.Thanks.
[12:17]   RK : sub 700 possible in 2-3 days?
[12:20]   Shai : can’t see asian break 707 in next 2 days
[12:20]   Shai : better to wait for a bounce to short
[12:21]   RK : will close the shorts then if it dips..thanks
[12:43]   Rajat : i think asianpaint will fall non stop to 682 cash level
[12:44]   Shai : 8055 is that anomaly
[12:44]   Shai : now can get there
[12:44]   Tejpreet : 🙂
[12:44]   Vikkas C : so its a short @ 8055 lvls with 8075 as SL
[12:44]   Vikkas C : ryt ?
[12:45]   Shai : yes
[12:45]   Vikkas C : cool thanx
[12:45]   Shai : don’t put sl in system
[12:45]   Vikkas C : ok
[12:45]   Shai : wait fo 8055 response but short at 8055
[12:45]   Vikkas C : ok
[12:46]   Vikkas C : shai was wondering if u cud do the VAL VAH for BNF as well
[12:46]   Vikkas C : options i mean
[12:50]   Vikkas C : looks 8055 is also difficult to come 🙁
[12:50]   Shai : I wanted to. But there is a slight problem with marketdelta and esignal on the BN option chain
[12:50]   Vikkas C : ohhh
[12:50]   Tejpreet : Shai can yo look at hexaware chart for long.
[12:50]   Tejpreet : you
[12:50]   Shai : It seems because of the more alphabets in BANKNIFTY the option value does not come in
[12:51]   Vikkas C : ohh..ok
[12:51]   Shai : Just amazing that in today’s day and time we have to put up with that kind of reasons 🙂
[12:51]   Vikkas C : hahaha true
[12:52]   Shai : so the ball is being tossed between them for a solutions and I am playing the net in between 🙂
[12:53]   r m : they can provide symbol mapping to reduce the number of letters
[12:55]   Shai : hexaware buy the dips to 278 and 271
[12:56]   Shai : sl is 265 positional can do 305 next week
[12:56]   Vikkas C : shai whats ur take on LT ..
[12:56]   Vikkas C : thinking of buying the 1600PE
[12:57]   Tejpreet : Thanks Shai.
[12:59]   Shai : yes LT headed down
[12:59]   Shai : see 1670/ 1662
[13:00]   Shai : weak below 1715 positional can drop to 1620 also in few sessions if below 1715
[13:00]   Vikkas C : ok cool thanx
[13:11]   RK : BNF 17565-17355 booked
[13:12]   Tejpreet : RK good trade…200 points,
[13:14]   RK : Tejpreet yes..on drive down days, getting hypo entry is great 🙂
[13:15]   Tejpreet : Getting entry is ok but holding is commendable 🙂
[13:15]   r m : 🙂
[13:15]   RK : oh yes..but am always carrying 10 stocks irrespective of any kind of day..so sitting tight is ok 🙂
[13:16]   Tejpreet : 🙂
[13:16]   Naveen : Shai, i have a suggestion, Please post the positional calls in the WHITE BOARD for quick ref or anywhere on the screen.
[13:16]   r m : @Tejpreet, which charting software you use?
[13:16]   Tejpreet : Amibroker plus heckyl data . EOD refer to Chartalert.
[13:17]   r m : @RK, you are sanwiched so tight that moving may be an issue 🙂
[13:17]   RK : lol
[13:17]   r m : Try keeping the Supertrend in amibroker, good for trailing sl on trend days
[13:18]   Tejpreet : Supertrend from Marketcalls.
[13:18]   Venkatesan : rk 2morrow is bright nah
[13:19]   r m : it is a wellknown indicator available for all charting softwares, Rajandran has made it popular
[13:19]   Venkatesan : rm again south indian
[13:19]   RK : Venkat always boom and gloom 🙂
[13:19]   Tejpreet : Thanks RM .
[13:20]   r m : @Venkatesan, yeah!
[13:20]   Venkatesan : :))
[13:30]   r m : @Tejpreet, like huge trend day on 2nd JUN when one gets an itch to book profit and run away this indicator can keep you trailing, entry MP based and trail a portion with Supertrend 🙂
[13:30]   r m : http://screencast.com/t/ds9odzrJ
[13:32]   Tejpreet : True RM tending moves need to be juiced out fully.
[13:32]   Tejpreet : trending
[13:32]   Vikkas C : sorry to ask but what parameters to use for supertrender
[13:33]   Vikkas C : cos i use falcon ..
[13:34]   r m : @Vikkas, i can give you the ones used in this NT version,
[13:34]   Vikkas C : wud appreciate if u cud give me RM
[13:35]   RK : Tata motors done RM
[13:35]   r m : They have used ATR multplier 2.5, ATR period 8, and Median period 3 here
[13:35]   r m : @RK, yes!
[13:36]   r m : Thanks Shai, Tatamotors followed your plan to the dot 🙂
[13:36]   Vikkas C : ok..ill try it out ..and is this only for NF & BNF or can the same parameters be used for stocks as well
[13:37]   r m : I don’t know much about it, just noiced that it is wonderful for keeping one in trade on a trend day, useless on other days
[13:37]   r m : you can hit and try 🙂
[13:37]   Vikkas C : hmm..ok ill do some research on individual stocks that i follow ..will let u now 🙂
[13:38]   Shai : 8065 and 7935 are the only 2 levels which matter now for sellers
[13:38]   Shai : one is sl and other tgt
[13:38]   RK : RM me non believer of trailing SL 🙂
[13:38]   Shai : valid till tom close
[13:39]   Shai : give about 10 points of leeway at 8065 and 7930
[13:39]   r m : I know RK, but always better for intraday, you are a swinger na!
[13:39]   RK : true RM..as always said, missed profit is like love failure..pains a lot than eating SL 🙂
[13:40]   r m : lol
[13:41]   Shai : Good Suggestion Naveen. wll implement
[13:41]   Venkatesan : rk seems aggressive trader
[13:42]   RK : Venkat may be you can call depressive trader 🙂
[13:42]   r m : lol
[13:42]   Venkatesan : :))
[13:42]   r m : Venkatesan, his swings are massive like Dhoni’s helicopter shots 🙂
[13:43]   Venkatesan : yes true
[13:44]   RK : yep but misses too are way big like hits..like Inzamam used to lose his stumps..exactly between legs :))
[13:44]   r m : you would not think of trailing stop when only 4s or 6 are being hit, it is only for us micro traders who get run out while going for a single 😀
[13:44]   r m : lol
[13:44]   Ashish : lol
[13:45]   RK : Shai Axis any chance to come close to 842 positional stop?
[13:45]   Venkatesan : run our acceptable rm , along with injury
[13:47]   Shai : axis at 542 difftoday but til below 558 can still come
[13:47]   Shai : 1.45 done
[13:47]   Shai : we have a pull back high at 8045
[13:48]   Shai : buyers are picking up at lows but run the risk of being swept away in last hour till auction is below vwap
[13:48]   Shai : we are short 50% which we will hold for 7970F
[13:49]   RK : thanks Shai
[13:49]   Shai : BNF 17254 possible
[13:50]   Venkatesan : shai 128925 seller at 7994 is what pl? well above day low
[13:51]   Shai : limit sell orders
[13:51]   Shai : in fast markets sometimes people get stuck on orders
[13:51]   Venkatesan : is he struck?
[13:51]   Venkatesan : trapped seller?
[13:51]   Shai : could be
[13:51]   Venkatesan : thank u
[13:52]   Shai : but these guys also exit
[13:52]   Shai : and he could have been one of those greens we saw subsequently
[13:53]   Venkatesan : thnak u shai
[13:54]   Chetan : shahi what does DNA means in market profile chart?
[13:54]   Chetan : dna=8060
[13:54]   Hemant : Shai : Looking at 8021 F now for volumes in NF. If that breaks add up on 7900 pe for tom or Monday
[13:56]   Shai : Cheatan it’s just a ref line I put for down auction
[13:56]   Shai : It’s dn a
[13:56]   Shai : down of a
[13:56]   Porus : 17335 done
[13:57]   Shai : ths 1- (11:09) Shai :short BNF near 17465 again sl of 17530 tgt 17350
[13:57]   Shai : (11:10) Shai :wait for limit orders to come- don’t chase esp BNF
[13:58]   Hemant : NF break 8k :))
[13:58]   Chetan : so we wait for 8060 for shorting or can we initiate with break of 8k?
[13:58]   Shai : (11:59) Shai :NF plan for rest of the day is to short the rise between 12.00 and 1.45 pm
[13:59]   Shai : (11:48) Shai :Sell NF again aat 8020 in 1 part and second at 8055(if it come) sl at 8075 tgt 7970/ 7913
[13:59]   Venkatesan : chetan i guess 8060 is tgt
[13:59]   Venkatesan : please confirm
[13:59]   Venkatesan : with shai
[13:59]   Chetan : it is sl
[14:00]   Shai : 8060 is the sl for shorts into tom if carrying for 7935
[14:00]   Tejpreet : Hemant did nifty spot break 8k.
[14:01]   Shai : This auction staying below 8065 has the potential to do 7936 by tom based on the volumes of today
[14:01]   Vikkas C : no low 8005.45
[14:01]   Shai : Nifty spot prices are at left bottom of 5 min chart
[14:01]   Tejpreet : Yes right.
[14:01]   Venkatesan : thnak you shai and chetan
[14:03]   Shai : 15 point discount
[14:03]   Tejpreet : plus 8000 gone in spot,
[14:03]   Hemant : 8k Spot gone 🙂
[14:04]   RK : Asian done
[14:05]   Hemant : Can add 7800 PE here Shai?
[14:05]   Ashish : Shai, any buying at lows in nifty?
[14:06]   r m : MO -35
[14:06]   Shai : add 780 pe if 7970 breaks
[14:06]   Shai : tgt 7913
[14:06]   Venkatesan : spot shai
[14:08]   Shai : F
[14:08]   Venkatesan : ok
[14:08]   Shai : filtering ticks taking time
[14:09]   Shai : one buyer at the lows
[14:09]   Ashish : yes…
[14:09]   Shai : 7986/ 7990
[14:14]   Shai : BNF break below 17330 on vols can bring 17090 tom
[14:15]   Shai : can’t understand the media obsession with big round numbers
[14:15]   Tejpreet : 🙂
[14:15]   RK : Shai you watch them live ?! 🙂
[14:15]   Shai : No 🙂
[14:15]   Venkatesan : the big number pl, we away from tvs
[14:16]   Venkatesan : or link please
[14:17]   Tejpreet : Shai incase of 7930 F is acheived …can we buy positional or is it the end of buying.
[14:18]   Shai : cover shorts if we get there
[14:19]   Pawandeep : @ shai can nifty test vwap
[14:19]   Hemant : Shai, still holding 8100 PE bought at 95, can it do 200 tomorrow?
[14:19]   Shai : Pawndeep the trend day generally does not break the pull back high
[14:20]   Shai : 8045
[14:20]   Shai : vwap is also there
[14:20]   Pawandeep : got it
[14:21]   Shai : Hemant 170 target on the 8100 pe
[14:22]   Shai : sl below 127 now
[14:22]   Hemant : Ok Shai. Will exit that soon
[14:22]   Shai : Mentioned earlier NF has 2 choice till tom for close eiher 8065 or 7930
[14:23]   Shai : if we get 7930 today at close we will book
[14:26]   RK : quite a good chance for profit booking bounce if get sub 7950 levels
[14:26]   RK : after 3
[14:26]   Hemant : that buyer needs to wrap up and go here
[14:26]   Hemant : 7986-90 guy
[14:26]   Ashish : 17330 gone ..
[14:27]   Hemant : That buyer on NF is being taken out
[14:27]   Vikkas C : tomo iip & cpi @ 5.30pm interesting day tomo as well 😉
[14:30]   Hemant : 8k spot gone again
[14:30]   Vikkas C : shai any views on M&M
[14:31]   Shai : MnM 1170 positional supp
[14:31]   Shai : is weak below 1216
[14:32]   Soumya : shai good call on sun – holding above 827 entire day
[14:32]   Vikkas C : ok thanx..yeah had bought yetserday @ 1210 and booked @ 1221
[14:32]   Soumya : i am looking to go long if closes above it
[14:32]   Soumya : for 852/870
[14:32]   Shai : ok
[14:34]   Shai : 20 point fall in NF due anytime
[14:34]   Shai : BNF tgt is 17250 from here 17310 sl 17360
[14:36]   Shai : 7970 tgt 1
[14:37]   Ashish : Pockets maange more 🙂
[14:39]   Venkatesan : lvn-0 achieved
[14:41]   Shai : Suggest closing al those 8000 pe and buying 8100 ce for tom at the close today
[14:42]   Shai : near the close or 7915- 7935
[14:42]   RK : 7800 PE value not increasing
[14:44]   r m : that 7915-7935 range means 8100CE between 39-43
[14:47]   Venkatesan : rk it meand no 7800 put buyers above 50, now seller will enter to short 7800pe, my guess
[14:49]   Dharamveer : shai Bn 3rd chart is struck
[14:49]   Venkatesan : bnf down 500 pts
[14:50]   RK : Venkat yes 7800 PE writing is easier target now..
[14:51]   Chetan : 7969 lnn0
[14:51]   Chetan : LVN0
[14:51]   Venkatesan : yes rk , right
[14:51]   Chetan : LOW VOLUME NODE….reversal possible?
[14:52]   Shai : possible
[14:52]   Chetan : does LNN=means low volume node ..imp ref point in market profile?
[14:53]   Shai : Trail NF shorts if any at 7988 for last 30 mins
[14:53]   Shai : can still get about 30 points from here
[14:53]   Soumya : 7988 sl for trailing?
[14:53]   Shai : yes
[14:53]   Soumya : ok 😛
[14:54]   Venkatesan : shai spot next support?
[14:54]   Shai : book if you shorted less at 8020
[14:54]   Soumya : ok thank you shai
[14:54]   Shai : we didn’t get full qty on this sell order as it stopped 8044 short of 8055 fill 2
[14:54]   r m : 7970/7920 and then bye bye bull 🙂
[14:54]   Venkatesan : thank u rm
[14:54]   r m : welcome
[14:55]   Suyash : shai how is hexaware looking now? It has crashed 6% today
[14:57]   r m : @Venkatesan – the bull market is endangered if 7920 spot breaks on a weekly closing basis this week. We believe that if this 7920 breaks the index can drop to 7150 and 6476. ( Upto 7660 this month) . Caveat 7920 spot.
[14:58]   r m : from Shai’s weekly spot view – http://vtrender.com/nifty-bn-weekly-view-spot-for-8-12-june15/
[14:58]   Dharamveer : charts stuck
[14:58]   Soumya : data not updating
[14:59]   Shai : hexaware 268 supp
[14:59]   Suyash : ok thanks
[14:59]   Tejpreet : Buy lvl was around 271 and positional support 265.
[14:59]   Venkatesan : thank very much u rm,
[14:59]   Shai : can buy around 268- 269 with sl below 260 for move back to 304
[15:00]   Tejpreet : 290 call is good at 2.5 odd lvl.
[15:03]   Shai : 8000 pe beginning to shed
[15:04]   Kris : @Shai – you were expecting 8000-8250 to be the range being played out for a week or two – more or less we have done that for this week – any thing in volumes that suggest that we are going to break down from that range?
[15:07]   Shai : No Kris
[15:07]   Shai : Just that the daily today is stronger and will close at lows
[15:08]   RK : HUL all the way down from 831 to 807 🙁
[15:09]   Shai : cash 805 only supp left in HLL
[15:09]   RK : Yes.
[15:10]   Kris : Thanks Shai – felt so – and – wanted to attempt a few longs at day close – wanted a confirmation.
[15:10]   Porus : Shai, hold 17200pe for tom or close today?
[15:10]   Dharamveer : Can we buy the 8100 call for BTST
[15:10]   Varun : shai if one lvn goes, next one is the trgt
[15:10]   Varun : ?
[15:10]   Pawandeep : @Shai can i buy nifty ce 8000
[15:11]   r m : @Kris – (14:41) Shai :Suggest closing al those 8000 pe and buying 8100 ce for tom at the close today(14:42) Shai :near the close or 7915- 7935
[15:12]   Pawandeep : thanks rm 🙂
[15:12]   r m : welcome 🙂
[15:13]   Shai : Varun we wait for tom open for a conf of aucton below LVN 0
[15:13]   Kris : Thanks Rm – saw the message – I could not see a breakdown – wanted confirmation from Shai.
[15:14]   Shai : shorts are clsoing here
[15:14]   r m : welcome Kris
[15:14]   Shai : get int those 8100 ce suggested
[15:15]   Shai : 8000 pe did 130
[15:15]   Shai : so we can afford some speculation again 🙂
[15:15]   Shai : will update tgt on that ce tom at open
[15:16]   Soumya : I like suzlon as btst
[15:16]   Soumya : any views shai?
[15:17]   Ashish : BPCL heading to south India 😉
[15:17]   r m : venkatesan will catch there 🙂
[15:17]   Ashish : hahahaa..
[15:17]   Venkatesan : yah ;;)
[15:18]   Shai : ok Suzlon did good today
[15:18]   Shai : toucj=h of today highs expected again tom
[15:19]   Venkatesan : nf high shai
[15:20]   Dharamveer : @ Shai why are we buying the call today
[15:20]   John : i never thought that trading room will also be this much fun..@rmyour fun tweets making me laugh out loud:)
[15:21]   r m : @John 🙂
[15:22]   Shai : Dharamveer calls are speculative
[15:22]   Soumya : thank you shai glad to have your views
[15:22]   Shai : can buy at open tom
[15:22]   Shai : But basicallt after a trend day like this most lows will be dne in first 45 mins
[15:22]   Shai : so rik reward is higher
[15:22]   r m : MO at -42
[15:23]   Hemant : Rajan meets FM .. in news
[15:23]   Shai : with a sl of say 7915 F for tom open we can go to 8020 or 8045 again from here
[15:23]   r m : @Hemant, do dushman gale milenge 🙂
[15:23]   Tejpreet : Maybe Rajan and FM discussing when to buy 8100 call now or at open tmrw.
[15:24]   Hemant : Ha ha aur hum log witness that milap in the markets.. bear kissing the bull here 😛
[15:24]   r m : lol
[15:25]   Shai : Those not feeling good abt teh call can defer to tom open
[15:26]   Srini A : Thanks Shai / RM and others for your guidances. Has been a stress free day trading today
[15:26]   Hemant : Got a target here for MTM today Shai so buying those calls
[15:26]   Shai : 8000 pe shedding is the worry and the close below LVN790 though just by little
[15:27]   Venkatesan : 8000 pe sheeding means downside limited shai
[15:27]   Shai : These days are the easier ones actually – the roational ones are difficult
[15:27]   Ravi Chahal : got disconnected.. call for now? could not see anything in last 1hr
[15:27]   Ravi Chahal : got disconnected.. call for now? could not see anything in last 1hr
[15:28]   Vikkas C : bought the 8100ce @ 50
[15:28]   r m : @Venkatesan, that means 8000P writers fearing losses hence covering
[15:28]   Shai : Ravi we picked some speculative 8100 ce
[15:28]   Shai : and shorts closed
[15:29]   Shai : (15:14) Shai :get int those 8100 ce suggested
[15:29]   Venkatesan : thank u rm
[15:29]   Venkatesan : thank you shai, rm and friends
[15:29]   Shai : (14:41) Shai :Suggest closing al those 8000 pe and buying 8100 ce for tom at the close today
[15:29]   Shai : (14:42) Shai :near the close or 7915- 7935
[15:30]   Porus : 17240
[15:30]   RK : thanks and bye all
[15:30]   Ashish : Thanks and bye all…
[15:30]   Tejpreet : Bye All .
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Hemant : TY folks, great day for the room, Ty Shai 🙂
[15:30]   Pawandeep : buyer 7960 623375
[15:30]   Srini A : Bye everyone. Have a great evening
[15:31]   Soumya : thank you shai for all the support – good evening friend..
[15:31]   Vikkas C : thank u shai and bye everybody
[15:31]   Kris : @Shai – I have nothing to do with that algo – which gave green!
[15:31]   John : Thanks shai,rm and friends:)bye all:)
[15:31]   Suyash : thanks and bye all. Have a great evening
[15:31]   Shai : some big buyers there
[15:31]   Porus : be all
[15:31]   Shai : Bye all
[15:31]   Kris : Thanks Shai.
[15:31]   Shai : have a nice evening
[15:31]   Kris : Bye all
[15:31]   Pawandeep : GB shai,rm & friends
[15:31]   Moses : Bye all