OrderFlow charts and Notes 11/08/15

[08:44]   Manoj : GM rm
[08:44]   Manoj : GM all
[08:45]   r m : Good Morning folks!
[08:45]   r m : Hi Manoj
[08:45]   r m : http://vtrender.com/levels-and-plan-for-11th-aug/
[08:45]   r m : http://vtrender.com/orderflow-charts-and-notes-100815/
[08:46]   r m : http://vtrender.com/option-values-dt-100815/
[08:46]   r m : Nifty AUG Future levels | Key reference area 8567 | Hypo1 above 8567➜8613 SL 8533 | Hypo2 below 8535➜8503➜8471 SL 8569
[08:46]   r m : Banknifty AUG Future levels | KRA 18980 | Hypo1 above 18980➜19065➜19150 SL 18880 | Hypo2 below 18840➜18770 SL 18955
[08:55]   Augustin : GM all
[08:55]   Shailesh : GM RM, Shai and all
[08:56]   Moses : GM All
[08:58]   r m : Hi Shailesh
[09:00]   Rajasekharan : GM all
[09:00]   Shai : GM all
[09:01]   Porus : GM all
[09:02]   Nishant : GM all
[09:04]   Tejpreet : GM All.
[09:07]   Rajat : gm
[09:07]   Manthan : Suprabhat
[09:07]   Rahul B : gm all
[09:09]   Suyash : Morning all
[09:09]   RK : GM Shai,RM and all
[09:09]   Naveen : Gm all
[09:10]   RK : Shai BNF spike high is 18940?
[09:10]   r m : Hi RK
[09:10]   Sridhar : gh
[09:11]   Srini A : GM All
[09:11]   r m : @RK, visually spike was in 2 parts below 19050 and below 18940 🙂
[09:12]   r m : but 18940 was traded low of IB
[09:12]   RK : RM thats why had a doubt..so clarifying with Shai..in that bunky jump couldnt follow that price action live as was busy with NF and stocks 🙂
[09:12]   r m : I mean well traded low 🙂
[09:12]   Shai : Yes spike from 19050 and 8585/97
[09:13]   RK : thanks Shai
[09:13]   RK : and RM 🙂
[09:13]   r m : welcome 🙂
[09:13]   RK : Yep 8585 I know coz thats where offloaded shorts 🙂
[09:13]   r m : lol
[09:13]   RK : to curse myself later 🙂
[09:14]   Tejpreet : RK I had 8700 put at 140 odd got out at 150 odd …went till 210 plus ….can only curse 🙂
[09:15]   RK : Yeah Tej It was a curse day 🙂
[09:16]   Ashish : GM all
[09:17]   Varun : shai spike rules till 8500 doesnt break ?
[09:17]   Tejpreet : Got into NF at 8521
[09:17]   Varun : rk watch 8520 now
[09:18]   Shai : yes spike rules at open
[09:18]   Vikkas C : GM all
[09:18]   Shai : we will keep 8499 as sl for the BTST trade. 1st tgt reamins 8567
[09:18]   Tejpreet : Shai good SL for nifty longs.
[09:19]   John : GM all
[09:19]   RK : Yep Varun
[09:19]   Tejpreet : Oops already replied..thanks Shai.
[09:19]   Varun : it just turned frm thr only ,lol
[09:19]   Varun : sike + reverse delta(delta should be big red candle but it neutralised)
[09:20]   Varun : green candle comes
[09:21]   Shai : NF safer for longs abv 8535 intra – conf comes abv 8567
[09:22]   Varun : 8520 + filter shld hold for longs/bulls
[09:22]   Shai : roughly 8503- 8573 is the RBI day heavy vol zone
[09:31]   Tejpreet : Shai the OF pink line in NF is not visible since past few candles..
[09:32]   Tejpreet : Wow ….lot of wrk to be done by OF line in NF .
[09:32]   Shai : NF has to take out 8535
[09:34]   Sridhar : you mean it has to go abv VWAP f
[09:35]   Shai : yes
[09:36]   Shai : 8535 is the lvn
[09:36]   Shai : safe abv that only
[09:39]   Rahul G : shai can you zoom out BN charts
[09:40]   Vikkas C : shai yesterday profile of NF showing low of 8518 whereas the low was 8503..little confused
[09:42]   Shai : buy NF
[09:42]   Shai : buyers are here
[09:42]   Shai : sl will be 8510 and tgt 8567 to begin
[09:43]   Shai : Vikkas 30 min chart also does not show vols at 8503
[09:44]   Shai : last alert was for thse who did not do btst
[09:45]   Vikkas C : thank u shai
[09:48]   Shai : @ Vikkas not possible to pick up every single trade done at NSE- maybe some 1 got 1 or 2 lots at 8503
[09:50]   Vikkas C : thanx for clarifying 🙂
[09:52]   Shai : weekly positional option : Buy 8600 ce at 70 sl of 37 tgt 114 and 148. can add abv 87
[09:57]   r m : @Shai, i find huge though isolated volume at 8503 – may have something to do with NT’s aggregation of ticks for 1 second timestamp – http://screencast.com/t/iPEZb0Yex
[10:01]   Shai : thanks RM – that’s a lot of vol there
[10:02]   Shai : but that jump from 8541 to 8503 in that one sec before is not captured
[10:02]   Shai : was all greens at 8520-22 as it happened
[10:02]   Shai : I think it is still visisble on the 30 min FP chart
[10:03]   Shai : that 2.45 candle on the 30 min chart is the story of that spike- all reds at the top and greens holding below
[10:03]   Misaal : RM where do you get these data from ?
[10:04]   r m : @Misal, Truedata is the vendor, stored in Ninjatrader’s Historical data manager
[10:05]   Misaal : Thanks.
[10:05]   r m : welcome
[10:06]   r m : Zerodha is offering totally automated trading bridge for NT now but it needs the paid version of NT 🙂
[10:14]   Shai : is it?
[10:14]   Shai : why would they require a Paid version?
[10:14]   r m : only that makes possible to trade thru Ninjatrader’s charts
[10:15]   r m : free version of Ninja has everything but chart trading
[10:15]   Shai : BNF looking for buyers abv 18980
[10:15]   Shai : ok Rm
[10:15]   Shai : how much is the paid? is it one time?
[10:15]   r m : one time USD600
[10:16]   r m : oops it is USD995 – bata shoes 😀
[10:16]   RK : RM they give laptop loaded with NT 🙂 # expensive
[10:16]   r m : USD600 is annual lease
[10:17]   r m : @RK, NT will not give you even a DVD, you will have to download the software, money is just for license 🙂
[10:18]   Shai : 🙂
[10:18]   Misaal : RM, then who is your broker ?
[10:18]   Misaal : just checked out the website.
[10:18]   Shai : the pro traders of UK and US are heavily leaning towards Ninja – but for some reason it is not popluar here
[10:19]   Shai : and God knows how Ami is so popular here 🙂
[10:19]   r m : @Misaal, don’t be misled by my yak-yak, I only spoke to Zerodha yesterday about some issues with PI and they told me to get a paid zerodha for automated charts
[10:19]   Misaal : Would you not require an indian broker.
[10:19]   Misaal : ?
[10:19]   RK : RM 🙂
[10:20]   r m : @Misaal, Zerodha will install a bridge which will give direct orders from NT charts to PI
[10:20]   Misaal : Oh. Ok.
[10:20]   Shai : NF below vwap
[10:20]   r m : but NT needs to be paid version for that bridge to be installed else it will not work
[10:21]   Misaal : ok
[10:30]   Vikkas C : little entertainment: who is pappu in india (pls pls google this right now)
[10:30]   Vikkas C : hahahhahahhaha
[10:32]   r m : 🙂
[10:32]   Manoj : Ha ha ha
[10:32]   Vikkas C : pls read whats written RM
[10:32]   Vikkas C : hilarious
[10:33]   Shailesh : hahaha…Vikkas 🙂
[10:34]   Rajasekharan : I am currently using one bridge from amibroker to now…
[10:34]   Rajasekharan : last 3 days..it is working well
[10:35]   r m : @Rajasekharan, that is semi-automated I think?
[10:35]   r m : you have to confirm the order I mean?
[10:35]   Rajasekharan : no…
[10:35]   r m : great!
[10:35]   Rajasekharan : it has an auto order…
[10:36]   Rajasekharan : option
[10:36]   r m : wonderful, I thought they were only allowing semi-automatic version
[10:37]   Rajasekharan : it bought JSPL today at 83.50
[10:37]   Rajasekharan : i manually exited at 86.55
[10:37]   Rajasekharan : no bugs so far…
[10:37]   Varun : who sets the conditions fr auto trades, u oe software ha in built
[10:38]   r m : that AFL you have to write yourself or get it written 🙂
[10:38]   Varun : k
[10:38]   Rajasekharan : i am using few afl for years
[10:38]   Rajasekharan : i am using them
[10:39]   Rajasekharan : it did well with lic and LT on both sides for last 3 days
[10:39]   r m : wow!
[10:40]   r m : @RK, hear, hear! here is your chance to let your PC earn for you while you browse thru the catalogues for the latest yacht 🙂
[10:40]   Augustin : wow
[10:40]   Augustin : LOL @rm
[10:40]   Shailesh : Rajasekhran how do u decide on coding with price and volume or sum diff parameters ?
[10:41]   RK : RM lol but interesting
[10:41]   RK : Varun can dream about his setup with such automation..
[10:42]   r m : yes RK, it is good for mechanical strategies, difficult to take mechanical trades manually sometimes because of perceptions at that time, later one can only curse 🙂
[10:42]   Rajasekharan : im not good in coding..i am using couple of afl which are there already..it decides buy/sell on price action alone
[10:42]   Rahul G : @rajasekharan are oyu doing via zerodha or some other broker
[10:42]   Shailesh : alright thanks
[10:43]   r m : yes Rajasekharan, i believe the bridge takes the signal from buy/sell alerts in the AFL
[10:43]   RK : Yeah true and when you people decide to dump like last evening I need 20 fingers..so auto trades would save me there 🙂
[10:43]   Rajasekharan : yes ..r m
[10:43]   Varun : 🙂
[10:43]   r m : Thanks
[10:44]   Rajasekharan : i use zerodha pi..i am trying this with NOW witj another account
[10:44]   r m : @RK, that is why I always believe that Ravan must have been a good trader and trading global markets 🙂
[10:44]   RK : lol :)))))00
[10:44]   RK : and he made one hell of bad trade and that was seetha 🙂
[10:45]   Rajasekharan : this bridge not working with Pi
[10:45]   r m : @RK, just the Stop he chose was bigger then his capital 🙂
[10:46]   RK : 🙂
[10:46]   Augustin : Bad Risk Management 😉
[10:46]   r m : OK Rajasekharan, did you consult with Zerodha, perhaps you should write to Nithin, he is happy in solving such issues
[10:46]   RK : Augustin bad entry would be appropriate term 🙂
[10:47]   Augustin : yeah, and with no hedge 🙂
[10:47]   r m : @RK, he tried wave theory by sending Mareech first so he was a good technical trader too 🙂
[10:48]   Rajasekharan : ok..r m..i will try with zerodha
[10:49]   r m : must be some small issue, but it is not fully automated with Zerodha I think, you have to confirm the order
[10:49]   RK : 🙂
[10:51]   RK : but RM to be frank, our mkts are not yet matured with auto trades for swing I mean..scalps are ok..crazy ticks sometimes push you out of a good trade if you placed system orders
[10:51]   Varun : i think best is final acceptance shld be manual, it shld just pop up a trade entry
[10:51]   RK : take a look at 8560..it was freak tick high today I think
[10:51]   Varun : semi auotmated best for any market
[10:52]   r m : yes but that happens with every market they keep on ordering investigations later – many crashes due HFTs in last few years in Europe and US
[10:52]   RK : Yes Varun that should be ok..but from my perspective most of the times reluctance to entry cost you more..missed entries can be avoided if system is automated..
[10:53]   r m : @RK, no tick volume at 8560, 8545.30 is the high on tick chart
[10:53]   RK : so thatswhy keeping things simle will be good in a long run..
[10:53]   RK : ok
[10:53]   RK : *simple
[10:54]   r m : @RK, in semi-automated the order pops up with quanitites filled, you just have to press the submit button
[10:54]   Varun : shai has tpo poc of yeterday and today profile combained shofted down
[10:54]   Varun : or still at 8620 types
[10:55]   Varun : cos of tht shofts down, it will be a bearsih sign
[10:55]   RK : yeah understood..that would be certainly kind of solution..could be followed
[10:55]   Varun : acceptance of spike
[10:55]   RK : Varun considering the volume shouldnt have come down by now?
[10:56]   Varun : we had vpoc shift dwn yesterday only
[10:56]   r m : @RK, but that would also create problems for you, trding terminals have just one live order at a time, with your 10 scrip there will be a popping competition with the last one winning 🙂
[10:56]   Varun : nw we have 6 tpos arnd tht level
[10:58]   RK : thats fine RM..matter of secs wont be a issue
[10:58]   RK : they dont fall or rise in such army sync 🙂
[10:58]   Tejpreet : Shai is nifty on for Hypo2 trade as below 8535 for long time.
[10:59]   r m : @RK 🙂
[11:03]   Dave : Hi SHAI..
[11:04]   Dave : There are some old posts in the blog which asks for password
[11:04]   Dave : may i have?
[11:08]   VR : shai away from the desk. nifty knows!
[11:11]   r m : 🙂
[11:12]   Shai : @ Dave login with your user ID and password and all posts will open
[11:13]   Shai : tejpreet take that hypo below 8518 with 8542 as sl
[11:15]   Tejpreet : OK…Thanks.
[11:21]   Dave : shai there are some posts with password protection like the link below
[11:21]   Dave : http://vtrender.com/trading-room-levels-and-plan-for-30th-may/
[11:23]   Manthan : Modified Hypo Active
[11:24]   r m : @Dave, all posts should open if you are logged in, else only non-password protected will open
[11:25]   Dave : am logged in shai.. but asking for password
[11:25]   r m : logged in blog I mean
[11:25]   Dave : yes
[11:26]   Shai : Dave, that could be a one off post maybe used for experimentation, did you find any more?
[11:26]   Dave : yes
[11:26]   Shai : but if you are logged in – all access is open
[11:26]   Dave : http://vtrender.com/trading-room-levels-and-plan-for-29th-april/
[11:26]   Shai : ok thanks – will look it up
[11:26]   Dave : am just surfing through the blog for the last years election zone
[11:27]   Dave : but found many with password protection
[11:27]   Dave : ok thanks
[11:27]   Shai : sure – could be a bug but will open up all those
[11:27]   Dave : OK THANKS A LOT SHAI
[11:28]   Manoj : sl hit
[11:28]   Manoj : in nifty trade
[11:28]   Naveen : sl hit 🙁
[11:28]   Naveen : shai hold or exit?
[11:28]   Shai : NF stops taken- exit
[11:29]   Shai : exit
[11:29]   Shai : there could be many sl’s below that price whch can push it down a few more
[11:30]   Manthan : 8470-8500 is Universal Sloss today and 8610-8630 is Universal Target:)
[11:30]   Tejpreet : Shai 8450 spot to renter longs after booking shorts now.
[11:30]   Shai : 8470 F to watch
[11:31]   Shai : Nice trade Tejpreet
[11:31]   Tejpreet : Thanks but missed good shorts yesterday as booked out way too early.
[11:33]   Varun : whats vwap
[11:34]   Varun : kk
[11:39]   Shai : NF either 8525 abv spike high or down to 8470 again
[11:39]   Shai : tryin to enter spike again
[11:39]   Shai : again no vol between 8517 and 8502
[11:42]   Sandeep : shai where do we look like heading to
[11:43]   Shai : vwap for now
[11:43]   Shai : have to review again at vwap – 8535
[11:43]   Shai : it’s weak if 8535 is not taken out today
[11:43]   Sandeep : okay
[11:46]   Misaal : VWAP IS 8525 ?
[11:46]   r m : yes
[11:55]   Suyash : @shai – the profile shows big volume was traded near 8500. Any significance of this?
[11:55]   Misaal : yes, all our stop losses were HIT !
[11:57]   Shai : yes high volume there as bi as the one traded near 8530
[12:06]   Varun : vwap band expanded down
[12:06]   Varun : from 98 to 86
[12:07]   Vikkas C : so what does that signify varun ?
[12:07]   Vikkas C : shorts building up ?
[12:08]   Varun : room for shorts to go down
[12:08]   Varun : ceiling has expanded
[12:08]   Vikkas C : hmm..ok thanx
[12:10]   Shai : there are buyers at the lows but they will feel the pressure below vwap
[12:11]   Shai : 8530 has had a new wave of sellers also who will try efending the vwap
[12:11]   r m : @Varun, ceiling has expanded or a new basement dug? 🙂
[12:11]   Varun : 😉
[12:11]   Varun : fall below 90 could be severe
[12:12]   Varun : all buyers tagged at 90’s
[12:13]   Shai : yes buyers looked in control on that wave of buying from 9.35 but then vwap broke again
[12:13]   Tejpreet : Shai if we close below spike low today will it increase chances of a gap down tomorrow.
[12:13]   Shai : range is alreay 76 and if we close at lows then gap down may be difficult
[12:14]   Tejpreet : Ok…thanks.
[12:17]   r m : somone vacuum cleane at 8490! http://screencast.com/t/JiB1WA7q9
[12:18]   Tejpreet : The P period yesterday from8578 to 8560 be considered a selling tail or not in middle of profile.
[12:19]   Shai : No not a selling tail
[12:19]   Shai : tails are at extremes of profile
[12:20]   Tejpreet : Thanks for the clarification .
[12:21]   r m : tail in the middle are anomalies 🙂
[12:21]   Dave : Shai, can u explain about the LVN +3 to -3
[12:21]   Dave : is it the right time
[12:21]   Dave : >
[12:22]   Tejpreet : Thanks RM
[12:22]   Vikkas C : 0 is the bias for long or short +0 for long and -0 for short..gets stronger as we move from 0to +1 to +2 and -1 to -2
[12:23]   Dave : Thanks Vikkas, is it Low Volume Node
[12:23]   r m : @Tejpreet, welcome http://screencast.com/t/VoQf2eqoD
[12:23]   Vikkas C : yes dave
[12:25]   Dave : Ok , then about HVN
[12:28]   Vikkas C : @dave as RM puts it: HVN is basically fair value, acceptable to all stay there have chai-pani, LVN is whr no 1 chose to stay like a haunted house
[12:28]   Manoj : SBIN nos out
[12:28]   r m : 🙂
[12:30]   Porus : good?
[12:30]   Dave : OK THANKS VIKKAS
[12:30]   Dave : clarified
[12:30]   Vikkas C : 🙂
[12:31]   Porus : looks like a thumbs down
[12:31]   Shailesh : yup
[12:32]   Shailesh : 4% move
[12:32]   Varun : whr r the 90 buyrs
[12:32]   Varun : come ur fort is going
[12:32]   r m : bn spot 18800 broken
[12:33]   Vikkas C : big buyer in bnf
[12:33]   Shai : BN still very volatile
[12:42]   Vikkas C : RS adjourned till 2pm..
[12:42]   r m : Kurien and Ansari
[12:43]   r m : salary should not be paid 🙂
[12:43]   r m : ineffective teachers 🙂
[12:43]   Varun : purposely delaying tactics
[12:43]   r m : yes
[12:45]   Varun : 3 attempts at 90 already
[12:45]   Ashish : all the dips to 8490 are getting bought..
[12:45]   Varun : lets see it can defend this time
[12:45]   Varun : i doubt
[12:45]   Vikkas C : 4th time it wont
[12:45]   Varun : pressure would be very high in this visit
[12:46]   Varun : if this 9125 seller gets an exit, it could be a trend day down
[12:46]   Porus : …so GST bill wont be passed today…
[12:47]   Shai : Today’s trade seem to be directly linked with the chaos at RS also 🙂
[12:47]   Vivek K : mp’s should not be allowed to have lunch also
[12:48]   r m : @Vivek, mostly staff eat there, only few MPs go to canteen
[12:48]   Porus : in hindsight, y’days fall was also linked to parliament’s funtioning…
[12:49]   Augustin : @Shai – Would look to buy NF around 8425 support per weekly plan?
[12:49]   Shai : oh yes with OF conf
[12:49]   Vivek K : some mp’s were saying they r poor so need subsidised food
[12:51]   Augustin : Tks
[12:52]   Varun : soem fresh sellers coming
[12:52]   Varun : lets see 90
[12:52]   Varun : i think it will goo
[12:53]   Augustin : @Varun – Where do you see if it breaks? 8471? or further below?
[12:53]   Varun : first let it break
[12:53]   Porus : bnf H2 tgt done
[12:53]   Augustin : 🙂
[12:53]   Varun : big seller at 90
[12:53]   Varun : dnt spike it
[12:54]   Varun : shai said 8420 i think in weekly
[12:54]   Varun : if its spot, manage the fure
[12:55]   Varun : 8640-8420 i think shai worte
[12:55]   Varun : we did 8640, lets so 8420
[12:55]   Augustin : Yup ok
[12:56]   r m : 8425 spot
[12:56]   Porus : bnf opens up 18430 now?
[12:56]   Varun : and whts the premium
[12:57]   Varun : 20 odd
[12:57]   Shai : Not yet Porus- at vwap band
[12:58]   Shai : contra long with 18725 sl can bring 18845 again in BNF
[12:58]   r m : Shai’s 8600CE also has spot 8425 stop
[13:02]   Varun : any idea whr ate sd3 in vwap now
[13:02]   Varun : are
[13:03]   Varun : awesome battle at 90
[13:03]   Varun : like the tug of war
[13:03]   Varun : bth dont want to give in
[13:04]   r m : 8467 on my chart but my vwaps alwyays differ from the one in the room 🙂
[13:04]   Varun : if 8467 then they have expanded a lot
[13:04]   Porus : Greece agrees on bailout terms, but DAX slipping.
[13:04]   r m : yes
[13:06]   Shai : yes the timing of that 8600 ce was premature but we have to ride out the day today
[13:06]   Shai : looks headed for close at lows
[13:06]   Shai : BN get into a 18500 or 18000 pe
[13:06]   r m : @Shai, perhaps we can add at 8425 spot?
[13:07]   Shai : yes
[13:07]   r m : Thanks
[13:07]   Shai : abv 87 was secure in the 8600 ce
[13:07]   Sridhar : buy BN puts
[13:07]   Tejpreet : Shai just booked BN 18000 put from 63 to 80. still holding 18500.
[13:08]   Shai : BN heading lower now- rises may be used to eneter shorts
[13:08]   r m : @Tejpreet, weekly spot view is 18430 below 18800 spot
[13:10]   Sandeep : shai if BNF is weak should we not get out of NF longs ?
[13:10]   Tejpreet : I know RM but carrying position overnight is not my cup of tea ….
[13:10]   r m : yes TP 🙂
[13:11]   r m : option tea gets tapid overnight 🙂
[13:12]   Tejpreet : Exactly …have small cups but have hot tea.:)
[13:12]   r m : lol
[13:12]   VR : Shai any OF observations?
[13:13]   Shai : Sandeep we don’t have a positional long in NF now- only the CE
[13:13]   Shai : VR in NF buyers are still coming at dips
[13:19]   Shai : Positional sell call BNF – sell 18770- 18790 sl of 18995 tgt 18550/ 18430
[13:22]   Varun : shia cn u show bnf profile in full
[13:23]   Varun : thnks
[13:25]   r m : @Varun – desi maal :)http://screencast.com/t/U2yFB21KP
[13:26]   Varun : we mite be slightly oversold in bnf
[13:26]   Varun : shai ‘s give a sell call
[13:26]   Varun : so cant over rule tht
[13:26]   Varun : but too stretched from poc
[13:26]   Varun : 18820 is the pivot point fr recovery
[13:28]   r m : ok
[13:29]   Varun : below 18820 all good fr bears
[13:40]   Vikkas C : NF is trying everyones patience today
[13:40]   Augustin : @Shai – What could be the target for 18500 PE?
[13:41]   r m : 131 on 14th AUG at 18430
[13:41]   r m : going by option calculator 🙂
[13:41]   Augustin : Tks 🙂
[13:42]   Augustin : Cant reply better than that 🙂
[13:42]   Tejpreet : 18500 or 18000
[13:42]   r m : oops, that is for 18K PE
[13:42]   Augustin : i know u said taht for 18k
[13:42]   Vikkas C : even i was wondering
[13:43]   r m : 310 for 18500 under same conditions!
[13:43]   Augustin : ok
[13:47]   Shai : Good reasoning Varun
[13:47]   Varun : 🙂
[13:47]   Shai : My context is a break from multi day balance as well as the fact that we may be creating value lower today
[13:48]   Varun : so 18820 will decide tht i think then
[13:48]   Shai : besides a trending day looking to close mostly at lows
[13:48]   Varun : u hve the vpoc shift fr iu
[13:48]   Varun : nw it shld nt cross tht also
[13:48]   Shai : yes
[13:49]   Shai : sell pressure should come on the NF also as we are below vwap all day
[14:11]   r m : 8471 don
[14:11]   Shai : 100 plus on the positional sell BNF call already
[14:11]   Shai : if we get another 100 we will take some profits back to the account 🙂
[14:12]   r m : 🙂
[14:13]   Tejpreet : True Shai 18800 break was spot on.
[14:16]   Shai : yes sbin did it
[14:17]   Shai : 269 now valid still for 264
[14:17]   Porus : and RS adj to tom…
[14:17]   Sandeep : looks like we are in a free fall
[14:17]   Tejpreet : Global cues are also bad …so gues who carry shorts might be rewarded tmrw at open.
[14:17]   Vikkas C : RS adjourned for the day
[14:19]   Shai : when is the last day ? thurs?
[14:19]   Manoj : yes
[14:19]   Mahipal : 13/08
[14:19]   Shai : ok thanks
[14:20]   Augustin : @Shai – Buyers in NF?
[14:21]   John : @Shai, the buyers on RBI meet day are defending here?near 8460?
[14:25]   Ashish : maama miaaaa…VWAP
[14:25]   Vikkas C : has the gst passed
[14:25]   Vikkas C : WTF
[14:26]   Shai : gst cleared?
[14:26]   Porus : no
[14:26]   Sandeep : it was presented
[14:26]   Sandeep : not sure what happened after that
[14:26]   Vikkas C : where did al this buying came from
[14:26]   Shai : John yes 8420- 8445 our support band
[14:26]   Shai : spot
[14:27]   John : ok Shai, Thanks!
[14:27]   Shai : some news abt an announcemnt by 3
[14:27]   Suyash : test of vwap on a trend day before the final move down?
[14:28]   Porus : setup for 2.30 move?
[14:28]   Shai : avoiding NF here
[14:28]   Sandeep : holding bnf shorts ?
[14:28]   Varun : rk chk 2.10 and 215 candle
[14:28]   Shai : yes
[14:29]   Shai : NF buyers will force shorts out abv 8515
[14:32]   Varun : we shld end at days lows if 8515 nt taken out
[14:32]   Varun : dd trend day down
[14:32]   Vikkas C : also have a poor low varun
[14:33]   Varun : yes nice cach vikas
[14:33]   Vikkas C : learning from u 😛
[14:33]   Varun : 🙂
[14:33]   Varun : poor low is a double edged sword
[14:34]   Vikkas C : if 8515 has to come it has to come now ..sbin press conference abt to start
[14:34]   Varun : one it says pull back is weak but it also says trend has tired for today
[14:34]   Varun : today is the key
[14:34]   Varun : looking for a big spike in vol to short
[14:34]   Varun : it shold come at ib low
[14:34]   Varun : waiting eagerly
[14:34]   Vikkas C : IBL almost came ryt now
[14:35]   Varun : ya but spike didnt come
[14:35]   Vikkas C : yes
[14:35]   Varun : ws waiting for vol spike to come along
[14:35]   Varun : tht spike high + 10 will be my stop for days low
[14:35]   Vikkas C : so if this goes abv ibl then can we expect ibh to come in spike or thats insane
[14:35]   Varun : thts y stop
[14:35]   Vikkas C : ok got it
[14:36]   Varun : most likely it mite enter to reject
[14:36]   Vikkas C : ok understood
[14:36]   Varun : cos we have a dd day down with value shifting down
[14:36]   Vikkas C : thanx 🙂
[14:36]   Sandeep : varun let us know when you short
[14:36]   Varun : nt now
[14:36]   Varun : will do
[14:36]   Sandeep : we will follow
[14:36]   Varun : wht yaar
[14:36]   Sandeep : thanks
[14:36]   Vikkas C : sellers again
[14:36]   Varun : see2.10 candle
[14:36]   Varun : i want a repeat of it at top
[14:37]   Varun : big green turning into red and next candle red + spike
[14:38]   Varun : want the spike in next 15/20 mins
[14:40]   Vikkas C : varun do u use MD or u follow only here ?
[14:40]   Varun : this is md
[14:40]   Varun : i have no other software
[14:40]   Varun : i dnt even no hw to llok at chart
[14:40]   Vikkas C : u r bloody good brotha
[14:41]   Vikkas C : super
[14:41]   Varun : just profile +order flow
[14:41]   Vikkas C : u shud start trading BNF more often
[14:41]   Vikkas C : 😉
[14:41]   Varun : 😉
[14:42]   Varun : (13:48) Shai :besides a trending day looking to close mostly at lows
[14:42]   Varun : @vikas
[14:43]   Varun : poc ws 760 and i think it wnt till thr
[14:43]   Vikkas C : yeah i red that varun
[14:43]   Vikkas C : exactly 760
[14:43]   Varun : poc /vwap is magnet
[14:44]   Varun : whenever mrkt in doubt, it will go thr
[14:44]   Varun : fr future direction
[14:44]   Vikkas C : point noted
[14:44]   Varun : nf this is nt fair, once to 8510 again
[14:46]   r m : Say Muqarrar, muqarrar 🙂
[14:50]   Tejpreet : Looks like Anirudh sethi ki laxman rekha is also around 8520 🙂
[14:51]   r m : 🙂
[14:51]   Manthan : @Tejpreet, hahaha,now a days he is damn right
[14:52]   Varun : trols have made his life hell, if nt a bot
[14:52]   Vikkas C : who all in favor of GST here to be passed tomo
[14:52]   Varun : 😉
[14:52]   Varun : broken clock ritw twice
[14:52]   r m : Never knew that AS keeps any rekha (limit) 🙂
[14:52]   Varun : he has sridevi 😉
[14:53]   r m : lol
[14:53]   Tejpreet : Hahaha
[14:53]   Sandeep : that volume spike not coming
[14:53]   Varun : ya
[14:54]   Vikkas C : im flat now ..dont know what to do ..long or short :s
[14:54]   Augustin : at close, BTST??????
[14:54]   Porus : Vikkas, GST should be passed tom for the good of the nation. But doubt that it will happen.
[14:55]   Vikkas C : perfect porus but if they do pass it tomo was thinking where will the shorters go ?
[14:56]   Vikkas C : as shai’s lvls are 8420 which almost came today
[14:56]   Porus : if passed, should see euphoria for a while…
[14:57]   Vikkas C : yeah ..8650 shud be taken with that ..
[15:00]   Vikkas C : 2 gaps yet left on the downside to be filled
[15:00]   Vikkas C : 8438 & 8388
[15:03]   Manthan : Tmorrow Gapdown and a Smart recovery possible
[15:03]   Vikkas C : gobal mkts also bleeding currently
[15:03]   Vikkas C : *global
[15:03]   Porus : nf premium inceased from 22 to 30
[15:07]   Varun : seems peace deal in lower distribution
[15:08]   Tejpreet : Shai can we take some speculative calls in alst 10 min or wait for tmrw open.
[15:09]   Tejpreet : last
[15:09]   Varun : ajeeb si market hogai hain
[15:10]   Varun : 100 point range
[15:10]   Tejpreet : FM on TV …on gst bill
[15:10]   Varun : and call pe not moving more than 5/8 rs
[15:10]   Sandeep : short now?
[15:10]   Sandeep : a spike with green candle
[15:10]   Varun : i am nt doing
[15:10]   Varun : ya it can be
[15:10]   Varun : spike shld hit ceiling
[15:11]   Varun : dnt see any buyer trapped at top
[15:11]   Tejpreet : He is saying GST will bring prices down let us see if N and BN follow;)
[15:11]   Varun : tht green candle shld have become red/neutral
[15:18]   Varun : @shai cant we have of in same pattern like 5 min with figures in blog
[15:18]   Varun : its tought to analyse with compress graph
[15:18]   Porus : Shai, add 8600ce at day-end or wait for tom?
[15:19]   Shai : wait for tom
[15:19]   Shai : proper add is abv 8510 F
[15:19]   Porus : ok
[15:21]   Shai : reducing BNF shorts here- feel we get a bounce back higher to reshort
[15:25]   Shai : will be a messay close here in NF for tomorrow’s trade
[15:25]   Shai : messy*
[15:26]   Varun : nt good job by bears
[15:26]   Varun : a dd trend day shld close at lows
[15:26]   Varun : if we bal here tmrw, down move could be over again
[15:27]   Varun : and premium eating as usual
[15:27]   Varun : need bal below 8450 now
[15:27]   Shai : close too close to vwap
[15:27]   Shai : should not happen if day was trend down
[15:28]   Varun : shai now we can take lower distribution as val and can play breakout
[15:28]   Varun : val-value
[15:28]   Shai : yes
[15:29]   Tejpreet : And the breakout point for this distribution would be 8515
[15:29]   Shai : yes roughly 8510- 8515 can give a move of 80- 100 points up again
[15:29]   Shai : F
[15:30]   Gaurav : Thanks. See you all trow
[15:30]   Shai : Bye all
[15:30]   Vikkas C : which also roughly happen to be todays IBL
[15:30]   Shai : Have a nice evening
[15:30]   Varun : thy are just eating premiums
[15:30]   Varun : bye tc
[15:30]   John : bye all
[15:30]   Sandeep : bye
[15:30]   Srini A : Bye all, Thanks
[15:30]   Sandeep : all
[15:30]   Moses : bye all
[15:30]   Tejpreet : Bye all
[15:30]   Porus : bye all
[15:30]   Vikkas C : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Ashish : Bye all
[15:30]   Manthan : Bye all

[09:05]   Manoj : Any key lvl for sbin ???B4 or after result to watch
[09:14]   Shai : sbin current vols project 299 res and 277 supp
[09:14]   Manoj : ok thanks
[09:15]   Shai : results with huge vol bars has to change one of that
[09:40]   Mohul : Shai.. How’s TATACHEM looking now? corrected the upmove
[09:42]   Gaurav : Jindal Steel you had mentioned a few days back Shai. Buy now? I think the level was 84
[09:47]   Vikkas C : “(11:31) Shai :jindal looking to bottom out(11:32) Shai :a daily close and weekly move abv 80 is my confirmation(11:32) Shai :can see 89/ 93 to begin with”
[09:53]   Gaurav : Thanks Vikkas!
[09:56]   Vikkas C : 🙂
[09:57]   Vikkas C : shai view on sbin ?
[09:57]   Vikkas C : results today ..what lvls to keep in mind ..pls
[09:58]   Shai : tatachem has god supports at 461 but would have liked it to stay abv 475
[09:58]   Shai : can do a buy near the close today with sl just below current lows and add balance abv 476
[09:58]   Shai : 476 has to cross abv again
[10:02]   Mohul : Ok
[10:06]   Mohul : Also BFUTILITIE at positional buying range
[10:06]   Mohul : as mentioned by you
[10:08]   r m : @Vikkas, this is from today only – (09:14) Shai :sbin current vols project 299 res and 277 supp
[10:09]   Vikkas C : thnx R
[10:09]   r m : welcome
[10:09]   r m : but volumes will go gaga after results 😀
[10:30]   RK : Shai HUL below 890 possible intra?
[10:32]   Shai : looks diff to go much below 889
[10:33]   RK : fine..thanks
[12:01]   Tejpreet : Any updates on SBIN …results post market or in market hrs.
[12:10]   Sreenivas J : shai any view on adani ports pls
[12:24]   Soumya : Shai can you please check NSE: CAMLINFINE for positional?
[12:26]   Shai : adani 326- 330 is a good supp band- and may be building a long case with stps below 321
[12:27]   Shai : conf is a move abv 340 this week – pstnl
[12:29]   Shai : camlin has supp at 97 and 93.2
[12:29]   Shai : cross of 105 can take it back to 118 and 123
[12:34]   Soumya : thank you brother
[12:40]   Manoj : sbin broke 277 with god volumes can it be sold ???
[12:42]   Shai : yes weak now for 264
[12:43]   Shai : sl will be just abv the spike high of 290 where it can see trend reverse
[12:46]   Shai : BNf can do 18775
[12:50]   Vivek K : shai sir lykalabs pls positional
[12:57]   Soumya : Shai can you please check NSE: WOCKPHARMA for positional buy
[13:01]   Shai : lyka – intra day move seems headed to 82 where there is good positional supp
[13:02]   Shai : suggest buys with sl just below 78 and look for 98/ 106 again
[13:04]   Shai : wock just around that 1660 high volume liquidation zone which may make it risky to initiate new buying here’
[13:04]   Shai : it is an excellent buy if it dips to 1590 r even 1490 in the coming few weeks
[13:05]   Shai : buy dips
[13:05]   Soumya : thank you shai
[13:17]   Tejpreet : Shai Axis Bank short lvls in anticipation of downmove in BN.
[13:21]   Shai : axis not weak till 574 breaks
[13:22]   Tejpreet : Tnks.
[13:38]   Manthan : Shai, HPCL viewpls
[13:50]   Shai : anyone here got syngene positional?
[13:53]   Shai : hpcl weak below 952- may attempt 924 if it closes here or below 950
[13:55]   Manthan : thanks Shai
[14:03]   Manthan : Covered at 931 was short from 956
[14:07]   Mohul : Shai any view on Syngene?
[14:13]   Shai : Nothing technical Mohul as chart not there, but good story and has a future
[14:14]   Mohul : Yeah…Looks like a better performer than SPARC in the future
[14:16]   Tejpreet : Axis gives quick 8 pointer .
[14:18]   Shai : some1 here shorted Hind petro just as we spoke went to 926 and back
[14:18]   Shai : algo traders here ? 🙂
[14:25]   Manthan : I did, 956-931
[14:29]   Shai : cool 🙂
[14:31]   r m : Algo insider 🙂
[14:42]   Manthan : 🙂
[14:53]   Rahul N : @shai ,whats the levels for bank of baroda futures?
[14:55]   Gaurav : Any levels to look for Rcom and Rel Infra Positional Shai?
[14:57]   Sumit K : Shai – Bosch levels
[15:01]   Shai : BANKBARODA Weak below 182.5 should tgt 174.5 and 168.9 F levels
[15:01]   Rahul N : thanks a lot!!!
[15:02]   Shai : 3 exclamatory marks 🙂
[15:02]   Shai : looks like the position is also happier
[15:02]   Shai : 🙂
[15:02]   Rahul N : hahhaah
[15:02]   Rahul N : its very happy
[15:03]   Shai : rcom just at 69.6- 70.2 supp
[15:03]   Sandeep : shai reliance ?
[15:04]   Shai : may not break today but watch the open at that level tom for 65.4 is it gives way
[15:06]   Manthan : @Shai, yr view on Indusind?? Showing strength
[15:06]   Shai : relinfra looking weak belw 404- may drop to 381 is buyers don’t come
[15:06]   Sandeep : no i was talking about RIL
[15:07]   Shai : Bosch same view as last week looking at 27325 tgt
[15:09]   Shai : RIL may be turning around again for 982/ 990 with sl below 958 today lows
[15:09]   Shai : close abv 964 will be good for that view
[15:11]   Shai : indus ind may be seeing strength here for 958/ 963
[15:12]   Manthan : Cool