OrderFlow charts and Notes 12/10/15

[09:47]   Uttam : there is no stopping tisco & tamo
[09:47]   Uttam : Shai Axis Bank is a buy above 501 for 510?
[09:55]   Uttam : Shai views on Bharti, looking good, strong open?
[10:16]   Shai : ys axis will be good abv 501
[10:18]   Shai : bharti has previous supply at 351- 354 which is excess
[10:18]   Shai : supp intra day at 348.7
[10:18]   Uttam : oh ok so needs to cross above 354 on good volumes for longs?
[10:18]   Shai : not a place for a fresh conservative entry
[10:18]   Uttam : thanks shai
[10:33]   Soumya : Shai any views n Dalmiabha?
[10:37]   Tejpreet : Shai views on TAMO shorts around this 362 lvl.
[10:38]   Shai : dalmia supply coming near 704 is strong- intra day supp at 690 and posynl near 664
[10:39]   Sandeep : shai your views on cipla posiitonal?
[10:40]   Shai : ttm has buyers at the lows , if 365 is crossed may run to 371
[10:40]   Shai : 377 is the weekly supply zone in tamo
[10:41]   Tejpreet : Thanks Shai
[10:42]   Shai : cipla weak below 686 can fall to 668
[10:42]   Soumya : Ok Thank you shai
[11:03]   Sandeep : thanks shai
[11:22]   Mihir : Private Power companies are running
[11:22]   Mihir : Adani Power 14% up
[11:22]   Mihir : Reliance Power is also 7% up
[11:59]   Vaibhav : shai , any thought on HPCL, currently.
[12:04]   Shai : current price doe not show OTF in HPCL and today could be 778- 760 range with auction near 770 centerd
[12:16]   Gaurav : How is DLF and HDFC looking for Intra Shai?
[12:19]   OS : What is your view on Tatamotors positionally
[12:20]   r m : (10:40) Shai :ttm has buyers at the lows , if 365 is crossed may run to 371(10:40) Shai :377 is the weekly supply zone in tamo
[12:21]   OS : Thank u RM
[12:23]   Tejpreet : Shai how is INFY looking now on the daily OF ?
[12:28]   Shai : dlf intra very flat and at vwap- vols are also dying down
[12:29]   Shai : hdfc was weak off the open and sellers stay in control below 1279- 1267 and 1259 were objectives of the open drive
[12:31]   Shai : infy is a very neutral zone 1125- 1147- day dpoc is also 1138
[12:31]   Gaurav : Thank you SHai
[12:32]   Tejpreet : Thanks Shai .
[12:38]   Dharam : any view on TCS; results tomorrow evening
[12:43]   Shai : tcs already weak on intra and weekly scale and moving towards 2576 tgt
[12:44]   Shai : 2576 and 2520/30 next supports
[12:45]   Soumya : Shai please give your views on eicher. where to buy and if holding what should be the plan
[12:52]   Shai : eicher at supp 18064- if this holds can move back to 18560, but for a good momentum move it needs to cross abv 18560 closing basis this week
[12:53]   Shai : if 18060 breaks can falll to 17660/ 17540
[13:04]   Soumya : thank you shai\
[13:24]   Dharam : thanks SHAI
[13:33]   Gaurav : Engineers India Has been moving in this range for a while now. Can it be added for Positional longs Shai?
[13:41]   Shai : enginers vol is not quite there for a break abv yet. spike of 05/10 was the last big vol and next few days have to sustain 201 on vol to show us it wants to move higher
[13:41]   Shai : supp at 186 is a buy though as it has many buyers
[13:43]   Uttam : BHEL breaking out Shai, next stop 217?
[13:53]   Shai : yup 216 sl of 199 still
[13:54]   Uttam : thanks Shai, have the positions hedged so will let it stay that way
[13:54]   RK : Tisco someone making good exit
[13:54]   Ashish : Shai, Sellers in tatasteel coming?
[13:56]   Shai : yes some long liquidation at top- can drop to 248
[13:56]   Ashish : OK thanks
[14:27]   Ashish : Shai, IRBinfra downside targets?
[14:29]   Shai : 247 for now in IRB is a supp
[14:29]   Ashish : Ok, thanks Shai
[14:36]   Ashish : Shai, Jublfoodworks today’s low has buyers??
[14:37]   Shai : not very big buyers but decent respnse
[14:38]   Ashish : Thanks, so what could be the target on upside if today’s low hold?
[15:04]   Hari : Jubfood has taken support at 1550?
[15:07]   Shai : jubl 1535 is the sl for 1604
[15:07]   Ashish : Thanks Shai
[15:07]   Shai : it’s not a very good supp though, feel 1505 below is better
[15:09]   Ashish : OK
[15:21]   Dharam : please have a look @ infosys ; is there buying @ 1120 levels
[15:26]   Shai : infy yes not good but no new sellers for sure aroun 1110
[15:26]   Shai : sl is 1097 if going long
[15:26]   Hari : Jubfoods has taken support at 1550 shai? Your views please
[15:26]   Vaibhav : ibrealestate ur view ?
[15:27]   Shai : jubl was just updated an hour back
[15:27]   Dharam : thanks shai
[15:28]   Shai : (15:07) Shai :jubl 1535 is the sl for 1604
[15:28]   Shai : (15:07) Shai :it’s not a very good supp though, feel 1505 below is better
[15:30]   Hari : Thanks a lot Shai
[15:30]   Shai : Ib real est has good supp at 62 ad could move towards 70 again
[15:30]   Shai : Momentum comes in if we get a weekly close abv 70 for postnl

[09:47]   Uttam : there is no stopping tisco & tamo
[09:47]   Uttam : Shai Axis Bank is a buy above 501 for 510?
[09:55]   Uttam : Shai views on Bharti, looking good, strong open?
[10:16]   Shai : ys axis will be good abv 501
[10:18]   Shai :bharti has previous supply at 351- 354 which is excess
[10:18]   Shai :suppintra day at 348.7
[10:18]   Uttam : oh ok so needs to cross above 354 on good volumes for longs?
[10:18]   Shai : not a place for a fresh conservative entry
[10:18]   Uttam : thanks shai
[10:33]   Soumya : Shai any views n Dalmiabha?
[10:37]   Tejpreet : Shai views on TAMO shorts around this 362 lvl.
[10:38]   Shai :dalmia supply coming near 704 is strong- intra daysupp at 690 and posynl near 664
[10:39]   Sandeep :shai your views on ciplaposiitonal?
[10:40]   Shai :ttm has buyers at the lows , if 365 is crossed may run to 371
[10:40]   Shai : 377 is the weekly supply zone in tamo
[10:41]   Tejpreet : Thanks Shai
[10:42]   Shai :cipla weak below 686 can fall to 668
[10:42]   Soumya : Ok Thank you shai
[11:03]   Sandeep : thanks shai
[11:22]   Mihir : Private Power companies are running
[11:22]   Mihir : Adani Power 14% up
[11:22]   Mihir : Reliance Power is also 7% up
[11:59]   Vaibhav :shai , any thought on HPCL, currently.
[12:04]   Shai : current price doe not show OTF in HPCL and today could be 778- 760 range with auction near 770 centerd
[12:16]   Gaurav : How is DLF and HDFC looking for Intra Shai?
[12:19]   OS : What is your view on Tatamotors positionally
[12:20]   r m : (10:40) Shai :ttm has buyers at the lows , if 365 is crossed may run to 371(10:40) Shai :377 is the weekly supply zone in tamo
[12:21]   OS : Thank u RM
[12:23]   Tejpreet : Shai how is INFY looking now on the daily OF ?
[12:28]   Shai :dlfintra very flat and at vwap- vols are also dying down
[12:29]   Shai :hdfc was weak off the open and sellers stay in control below 1279- 1267 and 1259 were objectives of the open drive
[12:31]   Shai : infy is a very neutral zone 1125- 1147- day dpoc is also 1138
[12:31]   Gaurav : Thank you SHai
[12:32]   Tejpreet :ThanksShai .
[12:38]   Dharam : any view on TCS; results tomorrow evening
[12:43]   Shai :tcs already weak on intra and weekly scale and moving towards 2576 tgt
[12:44]   Shai : 2576 and 2520/30 next supports
[12:45]   Soumya : Shai please give your views on eicher. where to buy and if holding what should be the plan
[12:52]   Shai :eicher at supp 18064- if this holds can move back to 18560, but for a good momentum move it needs to cross abv 18560 closing basis this week
[12:53]   Shai : if 18060 breaks can falll to 17660/ 17540
[13:04]   Soumya : thank you shai\
[13:24]   Dharam : thanks SHAI
[13:33]   Gaurav : Engineers India Has been moving in this range for a while now. Can it be added for Positional longs Shai?
[13:41]   Shai : enginers vol is not quite there for a break abv yet. spike of 05/10 was the last big vol and next few days have to sustain 201 on vol to show us it wants to move higher
[13:41]   Shai :supp at 186 is a buy though as it has many buyers
[13:43]   Uttam : BHEL breaking out Shai, next stop 217?
[13:53]   Shai : yup 216 sl of 199 still
[13:54]   Uttam :thanks Shai, have the positions hedged so will let it stay that way
[13:54]   RK : Tisco someone making good exit
[13:54]   Ashish : Shai, Sellers in tatasteel coming?
[13:56]   Shai : yes some long liquidation at top- can drop to 248
[13:56]   Ashish : OK thanks
[14:27]   Ashish : Shai, IRBinfra downside targets?
[14:29]   Shai : 247 for now in IRB is a supp
[14:29]   Ashish : Ok, thanks Shai
[14:36]   Ashish : Shai, Jublfoodworks today’s low has buyers??
[14:37]   Shai : not very big buyers but decent respnse
[14:38]   Ashish : Thanks, so what could be the target on upside if today’s low hold?
[15:04]   Hari : Jubfood has taken support at 1550?
[15:07]   Shai : jubl 1535 is the sl for 1604
[15:07]   Ashish : Thanks Shai
[15:07]   Shai : it’s not a very good supp though, feel 1505 below is better
[15:09]   Ashish : OK
[15:21]   Dharam : please have a look @ infosys ; is there buying @ 1120 levels
[15:26]   Shai : infy yes not good but no new sellers for sure aroun 1110
[15:26]   Shai : sl is 1097 if going long
[15:26]   Hari : Jubfoods has taken support at 1550 shai? Your views please
[15:26]   Vaibhav : ibrealestate ur view ?
[15:27]   Shai : jubl was just updated an hour back
[15:27]   Dharam : thanks shai
[15:28]   Shai : (15:07) Shai :jubl 1535 is the sl for 1604
[15:28]   Shai : (15:07) Shai :it’s not a very good supp though, feel 1505 below is better
[15:30]   Hari : Thanks a lot Shai
[15:30]   Shai : Ib real est has good supp at 62 ad could move towards 70 again
[15:30]   Shai : Momentum comes in if we get a weekly close abv 70 for postnl

[08:46]   r m : Good Morning folks!
[08:46]   r m : http://vtrender.com/levels-and-plan-for-12th-oct/
[08:47]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-12-oct-16-oct15/
[08:47]   Anay : GM All
[08:47]   r m : http://vtrender.com/orderflow-charts-and-notes-091015/
[08:47]   r m : http://vtrender.com/consolidated-orderflow-091015/
[08:47]   r m : Nifty OCT Future levels | KRA 8130 | Hypo1 above 8230➜8260➜8314 SL 8189 | Hypo2 below 8159➜8130➜8088 SL 8205
[08:47]   r m : Banknifty OCT Future levels | KRA 17420 | Hypo1 above 17695➜17777➜17965 SL 17590 | Hypo2 below 17520➜17440➜17315 SL 17620
[08:47]   r m : Nifty spot Weekly levels | Support 8084/7994 | Resistance 8275/8285
[08:47]   r m : Banknifty spot Weekly levels | Support 17370/17240/16744 | Resistance 17770/18050/18150
[08:48]   Shankar : GM RM and everyone
[08:50]   Gangesh : gm all
[08:51]   r m : Hi Shankar
[08:51]   Porus : Hi RM and all
[08:53]   r m : Hi Porus
[08:57]   Shai : GM all
[08:58]   Tejpreet : GM All.
[09:00]   Sharad : GM all
[09:02]   Mihir : GM to all
[09:03]   Moses : GM rm, Shai and all
[09:04]   r m : Hi Moses
[09:04]   Uttam : GM everyone 🙂
[09:06]   Tejpreet : Infy still not ot with results !
[09:07]   Santosh : Gm all
[09:08]   Shai : infy
[09:08]   Shai : 8.45 to 9.08
[09:09]   Shai : only pre open guys know the results and have taken it up over 5%
[09:09]   Tejpreet : Thanks Shai for the update.
[09:09]   Shai : what update?
[09:09]   Tejpreet : Yes but let us keep eyes on TCS has been unperperforming Infy for the whole year.
[09:09]   Shai : there is none from infy
[09:09]   Tejpreet : Update on result
[09:10]   Tejpreet : an it being 5% up.
[09:11]   Ashish : Gm all
[09:15]   Shai : infy out
[09:15]   Tejpreet : yes
[09:17]   Shai : 1173 sl for the longs in infy
[09:17]   Uttam : thanks shai
[09:17]   Tejpreet : booked 1160 call from 52 to 66 holding futures.
[09:18]   Shai : NF at FA point
[09:19]   Varun : shai does it go 5-6 point sbav to test fa
[09:19]   Shai : 1213 will be res for open
[09:19]   Varun : normally
[09:19]   Varun : or just retrace from exact
[09:20]   Shai : should go up abv for a prper test
[09:22]   Varun : thnks
[09:27]   Shai : Sell NF 8205 sl of 8237 tgt 8163
[09:29]   Shai : NF looks like an OPen test drive with marginally lower vols for open
[09:29]   Shai : 8000 pe shows buyers and can tgt 108 with sl of 78
[09:31]   Naresh : 8000 or 8100 PE ?
[09:31]   Shai : sorry Naresh 8100 pe it was
[09:31]   Naresh : ok
[09:32]   Shai : infy is down – so watch BN
[09:32]   Shai : may move up
[09:32]   Shai : that 1108 level in infy had buyers and is the next supp below spike lows of 1147
[09:35]   RK : GM Shai,RM and all
[09:37]   r m : Hi RK
[09:37]   Sam : GM everyone
[09:41]   Shai : exit NF short 8190- 92
[09:42]   Shai : BNF looking ready for a spike up
[09:43]   Shai : could be a tough morning to trade as BNF tries to counter balance the Open
[09:43]   Uttam : yep bank looking strong today
[09:43]   Uttam : the 8100 PE is a hold with SL 78 right Shai?
[09:43]   Shai : exit that 1 also
[09:43]   Shai : we will wait out this move
[09:44]   Shai : already 100 up-
[09:45]   Uttam : okies timely exit i guess
[09:46]   Uttam : BNF has made a identical low @ 17550 today & almost hear the high of Friday
[10:02]   Rahul P : looks like an inside day today
[10:04]   Shai : staying in the value area
[10:06]   Augustin : @Shai – What could be the SL for BNF Longs?
[10:06]   Shai : 17670
[10:06]   Augustin : Tks
[10:06]   Shai : one objectibe met at 17777, needs to see fresh buyers
[10:06]   Shai : abv 17777
[10:07]   Augustin : Ok
[10:12]   Shai : buy BNF in 2 parts 17790 and at 17700 sl of 17630 tgt 17960
[10:13]   Shai : BNF trying o drive up today – should hold the key
[10:43]   Gangesh : bnf struggle!
[10:43]   Shai : buy 8100 pe at 88 sl of 71 tgt 109/ 121
[10:52]   Gangesh : bnf sinking
[10:57]   Gangesh : any view
[10:57]   Gangesh : i m new
[10:57]   Sankar : Shai, these recent option trades which are given, they are based on profilt charts of options itself (I read a post in vtrender something similar).
[10:58]   Sankar : or is it something similar to NF positional trades which you use to give before?
[10:58]   Shai : @Gangesh we are buliding a long position in BNF
[10:59]   Shai : (10:12) Shai :buy BNF in 2 parts 17790 and at 17700 sl of 17630 tgt 17960
[10:59]   Shai : Sankar trades are on Market Profile and OrderFlow
[11:01]   Sankar : Understood Shai. previously I guess we use to see oderflow of NF and weekly trades were there by taking it in options.. weekend read a post in vtrender, this MarketPrilfe/Oderflow for these trades are of option charts or future charts?
[11:01]   Sankar : Sorry if I got confused, and confusing you too 🙂
[11:04]   Shai : option charts , except we are doing the smaller intra week also as and whenn the opp shows up
[11:04]   Sankar : Tx 🙂
[11:07]   Shai : NF and BNF both still in value
[11:08]   Varun : huge singles in bnf, i think dd possible around noon
[11:18]   Bhagya : 8180-90 on nifty futures is a crucial support zone and till we hold it, NO MOMENTUM SELLING
[11:18]   Bhagya : Current all the selling is only responsive selling and not initiative selling.
[11:21]   Shai : yes
[11:37]   RK : Awesome..Zerodha introduces Volume profile charts in Kite..thanks for that RT Anay 🙂
[11:37]   RK : http://tradingqna.com/22332/how-to-use-volume-profile-charts-on-kite
[11:37]   Anay : 🙂
[11:37]   r m : wow!
[11:40]   Shai : Awesome
[11:40]   Shai : does it plaot VA for day?
[11:40]   Shai : plot*
[11:40]   RK : jus checking Shai
[11:41]   Naresh : was using it from quite some time
[11:41]   Naresh : it wont plot anything except the volume
[11:41]   r m : ok
[11:41]   Sankar : Also they mentioned, they will soon be coming up with tick data.
[11:42]   RK : Sankar I dont think brokers can do that as per NSE ?!
[11:43]   Sankar : Ohh..
[11:43]   Sankar : read in some article about that. a week back, let me see if I can find that.
[11:46]   Sankar : https://twitter.com/zerodhaonline/status/645888968106479617
[11:46]   r m : @RK, maybe that rule applies only to broadcast data supplied to brokers by NSE. Zerodha may be planning to buy tick data from NSE
[11:47]   r m : and on charts Angel is already providing (alleged) tick data 🙂
[11:47]   Gangesh : hi anyone help to creat footprint chart in ninja
[11:47]   RK : Yes RM thats right..If they buy data then they could distribute
[11:47]   Sankar : Cool. 🙂 I didn’t know the logistics/rules, but when I read that, thought tick data will be better.
[11:48]   Sankar : bcoz this volume profile etc are better in tick data I believe?
[11:48]   Shai : that is neo trade?
[11:48]   Shai : RM using it or have used it?
[11:48]   RK : Sankar right
[11:48]   r m : @Shai, about kite?
[11:49]   Shai : No neotrade? isn’t that a data vendor?
[11:49]   r m : yes, tried and rejected by me 🙂
[11:49]   RK : but Zerodha good thing happened to Indian trading community.they push others also to serve traders 🙂
[11:49]   r m : now I like truedata!
[11:49]   Shai : ok- I thought so you may have tried them 🙂
[11:50]   Kiran : neotrade is also n investment by zerodha.
[11:50]   r m : yes, tried all except esignal – too costly for me 🙂
[11:50]   Shai : Yes Zerodha is good- they are shaking up the industry well
[11:50]   Shai : in future I need somepeople to shake up NSE as well
[11:51]   Shai : have 6 – 7 more exchanges 🙂
[11:51]   RK : lol
[11:51]   r m : yes, bse too deeply immersed in its own dubious deals to give any serious challenge to NSE 🙂
[11:52]   RK : we pay huge commissions..
[11:53]   r m : @RK, commissions are one part of it, we need transparency in exchanges, only saving grace is that NSE is more transparent then BSE or MCX 😀
[11:53]   r m : one eyed man is the king in city of blinds 🙂
[11:53]   Shai : 🙂
[11:54]   RK : lol
[11:54]   Shai : That’s the future guys- we will get there we can’t have a country of traders going online and only 2 exchanges
[11:54]   Shai : the US has more than 8 at last count- keeps growing there
[11:56]   Shai : brokerages have so far survived on that big word called “our research desk” . soon they will have to offer quality trading inputs
[11:56]   Shai : the entire space will get revolutionised
[12:02]   Sankar : 🙂
[12:02]   r m : high time it did and fake trades blamed on fat fingers stop 🙂
[12:04]   RK : MAruti weekly with vol profile from Kite http://screencast.com/t/7RlU8TtuYKY
[12:04]   RK : fast and cool 🙂
[12:04]   r m : not bad RK 🙂
[12:04]   RK : yes RM
[12:05]   r m : they just need to provide something like MultiVAP in Amibroker, so that one can plot this profile separately for days or weeks, right now it is for the whole screen
[12:05]   RK : ok
[12:06]   r m : but very good for120 days composite 🙂
[12:07]   Kiran : volume spike at BNF at vwap.
[12:08]   Kiran : and NF at IBL
[12:10]   Kiran : Shai, the delta in 5 min is having unit as % or absolute ?
[12:11]   Shai : it’s delta of the upper 5 min bar
[12:13]   Kiran : true, but the unit is % or volume ?
[12:26]   Shai : It reads it as a number
[12:44]   Kiran : ok thanks.
[12:46]   Kiran : can we then comine the volume and delta pane ? part of volume bar that is green/red is delta. the outer line of bar is blue or brown as per increase / reduction of volume.
[12:57]   RK : sellers adding at this zone..evident from daily chart Friday and today profile
[12:58]   RK : *not profile daily tick chart
[12:59]   RK : but all the possibilities to get some red into white here now
[13:08]   RK : great..2 big red gone white.only 2 left now at top # BNF
[13:08]   RK : that 52k would turn quickly into white and only this 83K would take some more grind here
[13:10]   RK : NF – one jump to VAH and then grind between 8225-35 to turn that 2lac into white..when no trade all assumption games 🙂
[13:18]   Shai : @Kiran you mean merge the vol and delta pane here or a general query?
[13:18]   Augustin : and RK, most of the times, assumptions will turn right where we are not holding any positioins 🙂
[13:19]   RK : Augustin assumptions fail and instinct wins and mostly they both contradicts 🙂
[13:19]   Augustin : 🙂
[13:19]   r m : hmmm, deep philosophical discussions!
[13:20]   RK : RM yeah when you grind within range, all philosophical thoughts..what to do 🙂
[13:21]   r m : yeah, just like that grinding machine at home churns out the best dosa batter 🙂
[13:21]   RK : lol
[13:21]   Augustin : ha ha.. Good one
[13:25]   Shai : BNF not seeing buyers at VAH
[13:25]   RK : but looks like many morning sellers covered
[13:27]   RK : may be a dip now below 17740 may confirm if buyers interested or nor
[13:27]   RK : not
[13:28]   Varun : we mite spike out of bnf composite vlaue
[13:28]   Varun : in 245 zone
[13:28]   Varun : and tht spike could hold
[13:29]   Varun : value developing in excess of composite
[13:30]   Shai : P’sh profile yes but spike possible after 2.45
[13:31]   RK : 2nd Part trade in BNF filled?
[13:31]   Shai : BNF still in that 3-1-3 range of last week’s Mon and tues
[13:31]   Shai : No RK not yet
[13:31]   RK : Fine
[13:31]   Uttam : made a low of 17710
[13:31]   Shai : chipping away at the single prints at both ends
[13:32]   Varun : taking ref from poor highs, tail and value in excess of 3-1-3
[13:32]   Shai : yes value is up- top of the range is 17850 which has excess
[13:33]   Varun : 850-760 is excess
[13:34]   Varun : past ref when we dnt reject from excess and spend time thr, we cross it
[13:34]   Varun : so lets see
[13:35]   Shai : NF may give that dip to 8160
[13:45]   Rahul P : any scope for a revisit to 8240 ?
[13:46]   OS : Is it time to EXIT BNF?
[13:50]   Shai : No OS- we hold
[13:50]   OS : OK
[13:51]   Tejpreet : My nest trader showing BNF low as 17550 …can anyone confirm it.
[13:52]   r m : yep
[13:52]   Uttam : yep that is the morning low
[13:52]   Uttam : after the buy call, low made was 17710
[13:52]   Tejpreet : Thanks RM
[13:52]   r m : welcome
[13:54]   Kiran : shai BNF lot of letters at 17730, does it signify aything ?
[13:55]   Kiran : oh VWAp there
[13:57]   Shai : that 8100 pe is now a carry
[13:57]   Shai : can add to it
[13:57]   Uttam : oh okies Shai
[13:58]   Himanshu null : Shai bnfwill move opposite of nifty??
[13:58]   OS : Below VWAP now
[13:58]   Gangesh : can we bulid a long at 700
[13:59]   Shai : add bnf longs at 17700
[14:00]   r m : BNF “b” to “p” http://screencast.com/t/z2QqrkWvfJp
[14:00]   Anay : ST at vwap + 3sd
[14:01]   Gangesh : is 8100 pe is positional now
[14:02]   Gangesh : bnf??
[14:02]   Kiran : yes gangesh
[14:02]   Bhagya : 8153-59 will be tested for the day
[14:02]   Bhagya : on nifty futures below 8180
[14:03]   Gaurav : And Hold 8100 puts or exit some at 8160
[14:03]   Shai : BNF hold 17610 as sl
[14:03]   Uttam : okies
[14:04]   OS : Seems BNF will touch 17594
[14:04]   Shai : Gaurav can part book 8100 pe though tgt was 109
[14:05]   Gaurav : Thanks Shai
[14:05]   OS : I think BNF is going to touch 17594
[14:05]   Shai : BNF we got stuck in the vol spike
[14:06]   Gangesh : we are going to take big loss
[14:06]   OS : Something is wrong. BNF is on towards 17594
[14:07]   Shai : 8100 pe part book
[14:07]   Anay : @Gangesh 90 pts on BNF is not a big loss 🙂
[14:08]   Bhagya : targets done
[14:09]   Anay : apne “bhagya” mein hoga to lower targets bhi aaenge 🙂
[14:09]   Shai : Nice Bhagya
[14:09]   Hemant : 🙂
[14:09]   Gangesh : 180 points , we are long at 17790
[14:10]   Bhagya : but today is not a trening market atleast as per my reading. So booking profits are target is important.
[14:10]   Bhagya : *trending
[14:10]   Bhagya : *at targets is important
[14:11]   Augustin : @Shai – Can enter fresh BNF longs with 610 as SL?
[14:11]   Shai : enter BNF sl in systems- we will exit if 17610 goes
[14:12]   Augustin : Gangesh – It was in 2 parts. Avg would be 17745
[14:12]   Shai : Not very safe yes Augustin- 17682 has to cross
[14:13]   Shai : yet*
[14:13]   Augustin : Alright. Tks
[14:13]   OS : Shall we convert it to Positional?
[14:14]   Shai : BNF?
[14:14]   Shai : No
[14:15]   Uttam : 17682 crossed Shai 🙂 listening to you 😉
[14:15]   Shai : if it was it wouldn’t have come below 17680 and given some of us high BP 🙂
[14:16]   Ashish : lol
[14:16]   Shai : haha – all part of the game
[14:16]   RK : lol
[14:16]   OS : Yes Do we need to revise Target?
[14:17]   Shai : BNF abv 17685 may move to 177740 dpoc where we exit
[14:18]   Shai : 17740*
[14:20]   OS : Yes. OK
[14:22]   Gangesh : we will not achived 17740
[14:31]   Hari : Seems nifty broke days low with high volumes, will is probe 8090 shai?
[14:32]   Hari : not today, but tomm>
[14:32]   Shai : yeah more sellers here
[14:33]   Shai : probe is for 8100 spt in Nifty
[14:33]   Shai : hence advised to carry the puts
[14:33]   Shai : but not on intra
[14:33]   Hari : so BNF will probe zone 17430?
[14:34]   Hari : tomm
[14:34]   Shai : BNF below 17610 may dop 100 points to 17520
[14:34]   Shai : hence we have to exit 17610
[14:35]   Rahul P : shai, how about the prospects for 45 degree rule to play today ?
[14:35]   Rahul P : for nf
[14:35]   Sandeep69 : and what rule is that ?
[14:36]   Shai : good in BNFas it is a ledge , but not quite sure if it fits NF today
[14:37]   Himanshu null : what is 45 degree rule?
[14:40]   Shai : It is a structural pattern in the profile chart where a sudden drop/ rise creates a 45 degree line from highs/ lows to poc
[14:40]   Shai : hence visist to POC is xpected- 45 degree rule
[14:41]   Shai : the undercurrent to that beleif is that sellers are weakers and hence emotional
[14:41]   RK : RM, 82377 is emotional or initiative? :))
[14:43]   Shai : he is sold below the vwap band , so 8/10 times is an emotional fellow
[14:43]   RK : If he opens the gate, capable of touching 8130/25 here
[14:43]   Himanshu null : thanks Shai
[14:43]   Varun : lows sh;d hold now
[14:43]   Varun : m\]no more testing for 45 degree
[14:43]   Varun : more confirmatiioon abv singles/rextn hamd;e
[14:44]   RK : if he realises his emotional err now then 8195 🙂
[14:44]   Varun : 8206 abv 8180
[14:44]   Varun : if lows go, he has the powert fr a bigger move
[14:45]   Varun : 4 greens will be in trouble then
[14:45]   Varun : daily of
[14:47]   r m : shadow trader video on 45 degree line in MP https://www.youtube.com/watch?v=uM6NWyNqlqw
[14:47]   Varun : seems pink will turn green alongside 🙂
[14:47]   Shai : NF weakening
[14:47]   RK : he covered ? 🙂
[14:47]   Uttam : buyers coming in though Shai?
[14:48]   RK : thanks RM
[14:48]   Shai : holding 45 mins now on this probe down the sl- (14:03) Shai :BNF hold 17610 as sl
[14:48]   Anay : looks like a deep pocketed emotional seller who chickened out 😀
[14:48]   RK : you mean it keeps BP on high for 45 mins Shai :))
[14:48]   Shai : But has to ove abv 17685 to come out of the woods
[14:49]   OS : BNF is about hit SL
[14:49]   Ashish : lots of stops are gonnd hit from this room alone 🙁
[14:49]   OS : Time to Book LOSS 20K
[14:50]   Ashish : gonna*
[14:50]   r m : depends upon the observer’s position 🙂
[14:50]   OS : 17611.2 just 1.2 point above
[14:52]   r m : sorry guys, my connection has got bsnlitis 🙂
[14:54]   Tejpreet : 😉
[14:54]   Tejpreet : I just recovered from Airtelitis in morning .
[14:55]   Varun : shai pls adjust profiles
[14:55]   Varun : thanks
[14:56]   Sankar : lol @ RM/Tej.
[14:56]   Hari : Europe tanking
[14:56]   Sankar : how many *itis.
[14:57]   Sankar : @Shai, since we have part booked 8100PE, rest Sl at entry I hope?
[14:59]   Mihir : BNF carry? or have to close this position today?
[15:00]   OS : @Mihir It’s intraday. Shai has already said it.
[15:00]   Shai : May drop to 17520 hence not advisable to carry below 17610
[15:01]   Mihir : ok
[15:01]   OS : My AB 5m chart says 17594 is support.
[15:01]   Shai : we will exit the trade near 17670- 17685 if sl holds
[15:02]   OS : But 10m & 15m charts show 17576 as support
[15:02]   Sankar : OS. Thats a bit hit :(. Sure another day will give more than that.
[15:02]   Sankar : 🙁
[15:03]   OS : Yes. Next is based on 10m & 15m charts
[15:03]   Augustin : @Shai – Can short Nifty at close?
[15:03]   OS : 17576 & 485
[15:03]   RK : quite a confused signals day even from stocks..as Shai said end of last week, rotation goes on and on..
[15:04]   Shai : No Augustin don’t short at close
[15:04]   Vaibhav : KRA will it be broken via gap down
[15:05]   RK : I think KRA would be 8250 tmw..right Shai?
[15:05]   Augustin : Ok Shai
[15:05]   RK : NF has clearly gone into weak zone
[15:05]   OS : We have pink line for quite some time. Now hope it will turn to green
[15:05]   RK : if we close here
[15:05]   Shai : Yes RK it will change as we auctioned below val and IBL
[15:06]   RK : Yes
[15:06]   Shai : don’t now what it will be though
[15:06]   RK : Fine
[15:07]   OS : Broker will close automatically after 15:15
[15:08]   Rahul P : what the view on nf for tomorrow ?
[15:08]   Shai : Rahul one leg up and down again mostly
[15:09]   Shai : exit the BNF trade at cmp
[15:09]   OS : Done
[15:10]   OS : Total Loss 21.65K
[15:10]   Shai : got caught in that draft below 17680,
[15:10]   Rahul P : have bought nf at lows today….should I carry ahead for tommorw for a test of 8200 ?
[15:11]   Shai : Rahul close could be at lows today and if that happens then sl is day low – filter
[15:11]   Anay : @OS please post your profits as well whenever they happen 🙂
[15:12]   OS : @Shai my charts were clearly showing downward move. Will send you by email
[15:12]   Shai : 8100 pe is in profit today so hopefully it is much lesser loss
[15:12]   Sankar : yes OS. 🙂
[15:12]   Sankar : As Anay says.
[15:12]   r m : it hit 109 to the dot 🙂
[15:12]   OS : I tried to post Screenshots but could not.
[15:13]   Uttam : that 8100 PE is a carry right Shai with same SL or revise SL to cost?
[15:13]   Shai : sl at cost
[15:13]   Uttam : ok Shai
[15:13]   Uttam : technically speaking BNF our SL has not been hit yet
[15:14]   Rahul P : just 2 reds standing on nf….rest all neutralised
[15:14]   Rahul P : nf daily candle
[15:14]   Naresh : although nothing much from world markets, we have IIP and other data in evening which may dictate the gap tomorrow
[15:15]   RK : my NF gone short and BNF still in long..delicate situation 🙂
[15:15]   Shai : we have buying at the lows, so a bounce to poc has a good chance
[15:15]   Sankar : Nice PE trade Shai. and happy to carry for few days, as KRA will be on top ;).
[15:15]   Sankar : Shai, at tgt2, we book all or will be trailing?
[15:16]   Shai : tgt 2 to book- options factor in a max of 5 sessions
[15:16]   Sankar : Tx :).
[15:17]   Shai : if I put more days in, then levels may go off
[15:21]   Sankar : Agreed.
[15:22]   r m : (*** Private to RK ) looks like just balancing going on http://screencast.com/t/H9s4U12w
[15:24]   Himanshu null : gap up. to dpoc would be great short rite?
[15:26]   Shai : a visist to dpoc could be a short again
[15:27]   Rahul P : for bnf or nf ?
[15:27]   r m : height of balancing 🙂 http://screencast.com/t/QqTiVX9F
[15:28]   Varun : rm ur dinple filling reqd in today profile
[15:28]   Varun : dimple
[15:29]   Varun : 8205/8150
[15:29]   r m : Yes Varun 🙂
[15:29]   Varun : only hope for bulls, thr is no excess at top
[15:30]   Sankar : let it decline a day or two.. so more bulls will be attracted 🙂
[15:30]   Tejpreet : Bye All.
[15:30]   Moses : Bye All
[15:30]   Sankar : Bye All. Have a nice evening.
[15:30]   Anay : bye all
[15:30]   Shai : Bye all
[15:31]   Shai : Have a nice evening
[15:31]   Sandeep69 : bye all
[15:31]   Augustin : bye all
[15:31]   Uttam : Have a good evening, see you all
[15:31]   r m : Thanks and bye folks, have a great evening 🙂
[15:32]   OS : Bye
[15:35]   Bhagya : what is today VAH, POC, VAL and Weighted average prices. Todays nifty futures. Where is it available on charts
[15:36]   Bhagya : is it 8206, 8178 and 8140 and WAP at 8182
[15:54]   Shai : yes the green shades on MP charts
[15:55]   Shai : vwap 8189