OrderFlow charts and Notes 13/02/16

[08:52]   Shiva : Good Morning shai
[08:54]   r m : Good Morning folks!
[08:54]   John : Good morning Shai, RM and all 🙂
[08:54]   r m : http://vtrender.com/orderflow-charts-and-notes-110216/
[08:54]   Misaal : gOOD MORNING ALL
[08:54]   r m : Hi John 🙂
[08:59]   Deepak : GM All
[08:59]   RK : GM Shai,RM and all
[08:59]   r m : Hi RK
[08:59]   Arvind : GM all
[08:59]   Vikkas : Gdmrng all
[09:00]   Vikkas : Hi Rm & Shai
[09:00]   RK : Shai forgot to publish evening report 🙂
[09:01]   Chirag : Hi all
[09:01]   Chirag : GM
[09:03]   Ravi : GM all
[09:03]   r m : Hi Vikkas
[09:03]   John : RK i think we caught enough fish for the week yesterday 🙂
[09:05]   Shai : GM all
[09:05]   r m : yesterday was whale harpooning day 🙂
[09:05]   r m : most of the days are like angling 🙂
[09:05]   Shai : yes just realisiing that the report went missing
[09:06]   Shai : too many charts to look at yesterday evening
[09:06]   Shai : just skipped
[09:06]   r m : CPI and IIP data release at 17:30 today
[09:06]   Arvind : I think was busy chasing Mackena
[09:08]   Tejpreet : GM All.
[09:09]   Shai : teh values and the vwap will be up in a few mins on the 5 min screen the vol was 22.23 and 46.6 L yesterday
[09:10]   Deepak : Shai, i missed this one. (15:18) Shai :Positional : Buy 7200 ce at 51 sl of 36 tgt 88
[09:10]   Deepak : what level can i enter today
[09:10]   Ravi : Hi All
[09:10]   Shai : looking at premkt reasonalbly good decision to go with the ce
[09:10]   Ravi : good morning
[09:10]   Shai : 7040-60 is where the supply is and the second part of the spike lower
[09:10]   Shai : 7120 the other resistance on day
[09:11]   Shai : if it stays abv 7075 we may hit 7120 and the IBL of 7155 from yesterday
[09:12]   Shai : below 6960 we go down intra to 6910
[09:12]   SandeepK : GM All
[09:12]   Varun : shai ws thr pull back point to this trend day
[09:12]   Shai : zone to watch at this open is the 2 wrb’s at 7040/60
[09:13]   Varun : and wht ws ystrday wvap
[09:13]   Varun : 7133 ?
[09:13]   Vikkas : 7090.75
[09:13]   Shai : no ref sat at IBL and range extension was at 7120-7155
[09:13]   Vipul : GM all
[09:14]   Shai : yes 7133 vwap
[09:14]   Vikkas : 7133 ? my charts showing 7090.75 weird
[09:16]   Siddharth : hi gm all
[09:16]   r m : @Vikaas, you have company, mine is showing 7093 🙂
[09:16]   Vikkas : 🙂
[09:17]   RK : John 🙂
[09:18]   Ravi : hi Shai…Today is my first day on Vtrender
[09:18]   Ravi : can i enter 7200 call now?
[09:18]   John : @RK where is kathir? left the room or in vacation?
[09:18]   Sandeep : day high 7039….7040 supply level by shai 🙂
[09:18]   r m : @Johan, he drops in for a few minutes every day 🙂
[09:19]   John : oh ok rm 🙂
[09:20]   RK : John I think he is planning something big so may be doing foundation off the mkts 🙂
[09:20]   John : 🙂
[09:20]   r m : @RK, in doing so did he take away the previous foundation? 🙂
[09:20]   Shai : looks like a 6970- 7040 kind of morning
[09:20]   Venkatesan : gm sha rm and to all
[09:20]   r m : Hi Venkatesan
[09:23]   Vikkas : broke yesterday low
[09:26]   RK : RM lets ask him 🙂
[09:27]   r m : just let him enter the room 🙂
[09:28]   Jigs : shai, chances of bounce?
[09:28]   Shai : some greens at lows
[09:28]   Jigs : 7100?
[09:28]   Shai : not till 7040- 60 is taken out
[09:28]   Jigs : ok
[09:30]   Uttam : Shai YPOC is 7164 or 7008?
[09:30]   Uttam : in the consolidated OF, highest vol was @ 7008?
[09:30]   RK : If am right, algo was there yday
[09:31]   RK : almost with same qty
[09:31]   Tejpreet : BN giving no support to nifty …Shai can you give levels for BN like you gave for NF.
[09:32]   Uttam : we have a hatrick of WRBs in NF this morning?
[09:32]   RK : Many stocks including index showing good excess now
[09:33]   Shai : BN has res at 14010 and a major one at 14230 supp may come closer to 13790
[09:33]   Tejpreet : BN mar future booked from 13899 to 14025:)
[09:33]   Shai : we had 3 wrb in the 7040-60 yesterday
[09:33]   Tejpreet : Thanks Shai.
[09:34]   Lakshay : WRB?
[09:34]   Ashish : Shai, USDINR levels for day please.
[09:34]   r m : @Lakshay, Wide range bar
[09:34]   Sandeep : wide range bar @lakshay
[09:38]   Shai : 68.33 supp and 68.64 is higher supply usdinr
[09:38]   Ashish : Thanks Shai
[09:39]   RK : we have good vol here in NF..BNF vol good than normal Shai?
[09:39]   Varun : o finally vwap is 7133 ?
[09:39]   Varun : so *
[09:40]   Shai : vwap was 7093 yesteday not 7133- I stand corrected
[09:40]   Varun : thanks shai
[09:41]   Shai : Vol is good for the first 30 mins
[09:41]   Shai : bulls are trying to make an attempt but that supply near 7040 was huge yesterday
[09:43]   Shai : Intra day : sell BNF 13920- 13930 sl of 14025 tgt 13790
[09:45]   Shai : Make an exit in the 7200 ce at 43-44 now
[09:45]   Chirag : Somebody else on my twitter feed mentioned YPOC @7012
[09:46]   Sameer : GM all
[09:51]   RK : turning out yet another day of routine and no excitement about excess and all now..whattay! 🙂
[09:55]   Shai : yes looks like a driving volume and that 7040 may hold
[09:55]   Shai : sl is still 7075 for all the shorts who entered yesterday
[09:56]   Shai : taken the ce out as buyers did not take out the supply at 7040 off the open
[09:59]   Sameer : no enthusiam by buyer despite 3% fall yesterday
[09:59]   Sameer : and pullback rally by US late evening
[09:59]   Varun : my gf fa today
[10:01]   Jigs : shai, plz zoom 30min BNF
[10:08]   Nagarajan null : Gm, pls help me to fi d the delta%. new to room.
[10:09]   r m : @Nagarajan, we have delta bars below 5 minute footprint and volume pane
[10:10]   r m : cumulative delta for the day in daily chart (3rd from left)
[10:12]   Shai : Buy 6800 put at 67 sl of 51 tgt 90
[10:12]   Nagarajan null : candle stick like chart below foot print….?
[10:14]   r m : yes
[10:14]   r m : the big red bar right now
[10:19]   Nagarajan null : Thx. Too good, all charts are highly informative. Nothing more required
[10:20]   r m : welcome 🙂
[10:21]   Nagarajan null : for good trader….keep up good work.
[10:23]   Shai : BNF at 13840 part book and raise sl to cost at 13930 on balance
[10:23]   Shai : (09:10) Shai :7040-60 is where the supply is and the second part of the spike lower(09:10) Shai :7120 the other resistance on day(09:11) Shai :if it stays abv 7075 we may hit 7120 and the IBL of 7155 from yesterday(09:12) Shai :below 6960 we go down intra to 6910
[10:24]   Shai : 6930
[10:27]   Shai : IB is 83 in NF and broken after 10.15
[10:27]   Shai : Suggest booking the 6800 put fully at 74-75 now
[10:28]   Shai : big IB after a 3IB day
[10:28]   Shai : sellers should not overdo things here
[10:28]   Shai : we will take the cautious approach and reshort the highs4
[10:29]   Shai : Book full the BNF short cmp 13880
[10:30]   Shai : BNf came back in IB an hence chose to exit ahead of tgt – also a big buyer at IBL
[10:30]   Shai : IB is 260 in BNF
[10:30]   Sameer : shai missed 74…should i square off at 69
[10:30]   Shai : when after a trend day you see a large IB in same direction – stay cautious
[10:31]   Shai : the bus is getting overcrowded
[10:31]   Shai : square off Sameer
[10:31]   RK : I can recolect the meme video which was in circulation for sometime with such bus 🙂
[10:31]   Shai : haha
[10:31]   Vikkas : haha
[10:31]   Ashish : lol
[10:31]   RK : Can you recollect that? 🙂
[10:32]   Shai : I try to explain the logic here, the numbers may differ between your exit and mine but pls stick to the logic
[10:32]   Chirag : I can!!
[10:32]   Chirag : haha
[10:33]   RK : Shai cautious for existing shorts you meant..right?
[10:33]   Tejpreet : Shai the bid ask spead in NF is almost 2 plus any significance.
[10:33]   Ashish : Shai, finally after this carnage, I got approx. 1000 points in NF by trailing since 31st Dec.. Thanks to you Captain 🙂
[10:33]   RK : Wow! Wow! Wow 🙂
[10:34]   RK : Congrats don Ashish 🙂
[10:34]   Ravi : Congrates
[10:34]   Uttam : super Ashish 1000 points in NF is just great….
[10:34]   Chirag : Superb!
[10:34]   Sandeep : uffooo ashish
[10:34]   Tejpreet : Ashish 1000 in NF …..congrats 1
[10:34]   RK : Tej I got company now..see 🙂
[10:35]   Ashish : Thanks Guys
[10:35]   Vikkas : 1000 points in NF ..outstanding
[10:35]   Ravi : first day on this session.. booked 90 points in BANK NIFTY Futures
[10:35]   r m : @Ashish, hadd hai bhai, Congrats 🙂
[10:35]   Vikkas : superb trade man
[10:35]   Ravi : thanks to Shai
[10:35]   John : Fantastic Ashish, Congrats 🙂
[10:35]   Ashish : RK, this trade is because of you..learnt meaning of patience from you only
[10:36]   Tejpreet : RK and Ashish you guys will convert me one day into positional fella ….keep on motivating 🙂
[10:37]   Sandeep : what an exit shai in intra trades 🙂
[10:37]   Sameer : Targetting Shai’s 7120 level for short(big size)
[10:37]   RK : Oh! that’s generous..I know the pain and much appreciated effort Ashish..long way to go..Infact me jumped out of NF around 7500 and BNF around 15000..Hats off Man! 🙂
[10:37]   Tejpreet : BTW second 100 pointer done in March BN long …second one of the morning .
[10:38]   r m : @Tejpreet, congrats man, only difference between you (sprinter) and these marathoners is that you might have made 5000 points in NF since DEC by nibbling everyday 😀
[10:38]   RK : RM exactly
[10:39]   Shai : Congrats Ashish
[10:39]   Shai : RK only for intra day it was
[10:39]   Ashish : Yes RM.. tej is really “TEJ”
[10:39]   RK : Yeah Shai got it..thanks
[10:39]   Ashish : RK, now i am waiting for Shai’s stock alerto to make a fantastic debut..
[10:40]   Ashish : Thanks Captain..
[10:40]   Shai : it will
[10:40]   Shai : will be good
[10:40]   Uttam : yes Shai 🙂 Amen…
[10:40]   Shai : Amen indeed 🙂
[10:40]   Chirag : I am in some serious good company now! 🙂
[10:40]   Uttam : NF unable to hold above VWAP?
[10:40]   Ashish : waiting for it Shai 🙂
[10:40]   Tejpreet : But guys we full time trader must milk these chances which come just couple of time in a financial year .
[10:41]   RK : But holding for such larger targets need some other motivational factor other than own conviction..that’s where Shai plays bigger roll with his continuous update of weekly and other macro levels..that macro precision helps a lot..
[10:41]   Viral : congrats ashish
[10:41]   Shai : vwap is the key here – failed at IBL
[10:41]   Shai : I think Varun mentioned of an FA earlier
[10:41]   Uttam : if it sustains above VWAP we could have a move till 7120 Shai?
[10:41]   Uttam : yep his gut feeling first part done 🙂
[10:41]   RK : Varun got his trade
[10:41]   Viral : need to learn how to be patient from u and rk !
[10:42]   Uttam : we also have a tail from 6955-6931
[10:43]   Ashish : Brilliant exit Shai…
[10:44]   Uttam : greens @ vwap now
[10:44]   Sameer : Shai, have weak hands thrown out of short bus ?
[10:45]   Uttam : we have coupld of big sellers stuck below 6950
[10:46]   Uttam : *couple
[10:47]   Sameer : @Uttam…so u mean they will give sharp spike in upward direction and then we are done with upside …so should we wait till they exit for new short
[10:47]   Sandeep : yes they may puke if we stay above vwap
[10:48]   Tejpreet : Rm can you check on tick data my NF sell order went to exchange at 15:08 at 7035 …DH 39 …was not executed.
[10:48]   Uttam : Tej no sell @ that price but buyer or 15450 seen in the full day OF
[10:51]   Shai : Thanks Ashish but pales in comparison to waht you achieved
[10:52]   Shai : I had a very large qty open from 7910 but exited 80% around 7550
[10:52]   Shai : and now 6930 !!
[10:52]   Shai : so cheers
[10:52]   Shai : amazing stufff indeed
[10:52]   Ashish : Cheers Shai.
[10:52]   Venkatesan : GREAT
[10:52]   RK : Shai thanks..I got a company then..
[10:52]   Viral : awesome stuff
[10:53]   Varun : ya i got 40
[10:53]   Varun : not 80
[10:53]   Tejpreet : Thanks Uttam.
[10:53]   Uttam : great Varun 🙂
[10:53]   Uttam : welcome Tej 🙂
[10:54]   Varun : shai u remember when u put composite yearly
[10:54]   Varun : i said if we reject from poc at 8330
[10:54]   Varun : it would be mayhem
[10:54]   Varun : and it did exact smae
[10:54]   r m : @Tejpreet, that 7039 seems to be a false tick, not showing volumes
[10:54]   Uttam : Varun you played from 6955-6995 is it?
[10:55]   RK : I remember what VArun said on closing hours on 01st Jan
[10:55]   Varun : ya it was easy bunny
[10:55]   RK : when we were hitting 7990 by 3.00
[10:55]   Varun : uttam
[10:55]   Varun : 30 point tail fa
[10:55]   RK : he said go for short with SL 8001 🙂
[10:55]   Tejpreet : Rm learned to check the tick ….it shows 1 ..what does it mean .
[10:55]   Shai : trueVarun
[10:55]   Varun : ya and it was 10 mins to go
[10:55]   RK : and that SL still remains and trade is 1000+ now
[10:55]   Varun : and we never saw 8000 again
[10:55]   Varun : lol
[10:56]   r m : future volume has to be 75 minimum Tejpreet, it must be a false tick or Truedata did not catch the volumes correctly
[10:56]   Varun : bulls have ref finally
[10:56]   Varun : rk
[10:56]   Tejpreet : Man I am really sick of this shitty data thrown at us by these vendors .
[10:57]   Varun : 30 point tail
[10:57]   Varun : if this tail goes short for 200 point more
[10:57]   RK : Varun yes..
[10:57]   Varun : like 6760
[10:57]   Uttam : we had one 2 days back also na Varun but was not able to get past VAH?
[10:57]   Varun : those had 5 point ails
[10:57]   Varun : those had 5 point ails
[10:57]   RK : am looking at BNF to short from here on if tail goes..
[10:57]   Uttam : so it fell so again now if todays singles goes another fall?
[10:58]   RK : I mean lows
[10:59]   Viral : shai want to thank u for ur awesome analysis and for creating a great community of traders here sharing ideas, god bless
[10:59]   Uttam : RK we are having a poor low in BNF so far
[11:00]   Viral : hope we all get successful in own way
[11:00]   Uttam : so if VWAP goes now should go to repair that I suppose?
[11:00]   Uttam : that too with a selling tail @ top today
[11:01]   Uttam : DPOC of NF @ 6980 Shai?
[11:05]   RK : Uttam yes
[11:05]   Arvind : Shai I too was short from 7950 lvls but closed the trade around 7535
[11:06]   Arvind : RM says it really eeds a lot of patience and discipline to sit through
[11:06]   Arvind : needs
[11:07]   r m : @Arvind, congrats man! wish i had that kind of patience!
[11:07]   r m : I get this profit booking itch after 10 points 🙂
[11:07]   Ashish : Congrats Arvind
[11:07]   Varun : rm maintian 2 accounts then
[11:07]   Viral : congrats arvind!
[11:07]   Varun : else imposible
[11:07]   r m : yes Varun
[11:07]   Arvind : sorry RK
[11:07]   Varun : sclaping with sas
[11:08]   Varun : postional with zerodha
[11:08]   RK : Congrats Arvind 🙂
[11:08]   Arvind : Congrats to you guys too
[11:08]   Varun : guys who like low brokerage
[11:08]   Uttam : sas?
[11:08]   Varun : sas offers 1000 rs unlimited trade
[11:08]   Varun : monthly
[11:08]   Varun : thy have 1800 customers
[11:09]   Shai : @Arvind congrats – happy to know about it
[11:09]   Tejpreet : Wow 1000 in cheap . Thanks Varun . Currently am paying 3999.
[11:09]   Arvind : Thnks shai
[11:09]   Shai : This is a journey now and wiill get past Ashish one day 🙂
[11:10]   r m : 🙂
[11:10]   Arvind : ya I have been long in this journey and have collected 2500 points in BN once
[11:10]   Varun : with the rest of 3000 u owe me a lunch
[11:10]   Varun : 🙂
[11:10]   Ashish : 🙂 Shai
[11:10]   Shai : webiste Varun?
[11:10]   r m : @Varun, feast you mean? 🙂
[11:10]   Varun : sas online
[11:10]   Tejpreet : Haha Varun …anytime .
[11:10]   Arvind : but have blown up my account many a times
[11:11]   Varun : http://sasonline.in/
[11:11]   r m : @Arvind, those who have not blown account a couple of times are yet not broken in 😀
[11:11]   Shai : Thanks
[11:11]   Arvind : have this dirty habit of not cutting losses short
[11:11]   Shai : NF stuck between 2 tails and at vwap
[11:11]   Viral : +1
[11:11]   Viral : rk!
[11:12]   Shai : generally the initiative one (at top) is considered stronger
[11:12]   Nagarajan null : rejection @6980?
[11:12]   Arvind : I used to be on chat with Ashwini Gujral and he would trade for us
[11:12]   Uttam : BNF is more biased towrads the downside Shai?
[11:12]   Shai : not yet – has to break IBL again
[11:12]   Uttam : tail @ top & poor low @ bottom?
[11:12]   Varun : shai or the later one
[11:12]   Shai : BNF is weaker yes
[11:13]   Uttam : BNF breaking VWAP would be a short Shai?
[11:14]   Uttam : & NF breaking 6955?
[11:14]   Shai : yes
[11:14]   Uttam : thanks
[11:15]   Arvind : and th
[11:16]   Uttam : by the way Shai your BNF short SL was still not hit, made a high of 14023.4
[11:17]   Sameer : Do we have neutral day today with day low 6919NS sustaiing ?
[11:21]   Shai : es Uttam 14010 +15 for intra : (09:33) Shai :BN has res at 14010 and a major one at 14230 supp may come closer to 13790
[11:22]   Shai : No not neutral till we go abv IBH
[11:29]   Sameer : bought 7100 call …wil sell if low breaks
[11:31]   Varun : shai wht ws volume in 5 min on llow candle
[11:32]   Sameer : found nice risk/reward ratio
[11:34]   Vikkas : is there a gap in NF ard 6898 in NF ? can someone chk ?
[11:34]   Shai : not very high Varun
[11:36]   RK : charts gone
[11:37]   Sameer : i can see charts
[11:39]   RK : yep now ok
[11:39]   Shai : NF weakneing
[11:39]   Shai : the overhead supply again prevailing and below IBL again
[11:40]   Ashish : can target 6910 now
[11:40]   Shai : yws can see 6910 sl just abv vvwap+filter
[11:40]   Ashish : Thanks Shai
[11:41]   Shai : avoidng an alert here but can do 6910 with sl 6985
[11:42]   Shai : BNf down to 13850 again
[11:43]   Ravi : yeah we missed another 100 points…:)
[11:43]   r m : @Varun, 9 ponits gap above 6900 http://screencast.com/t/AT9KAsUB3
[11:44]   Vikkas : yes exactly thats what i wanted ..thanx RM
[11:46]   Uttam : those stuck sellers in NF getting a decent exit if they wish to
[11:46]   Uttam : greens 88k
[11:47]   r m : oops that gap is answer to Vikkas’s query
[11:47]   Uttam : that 2nd IBL break in NF seems to be a good one
[11:48]   Vikkas : no worries rm ..all in the vtrender family 🙂
[11:48]   r m : sab mile huye hain jee 🙂
[11:48]   Vikkas : haha
[11:49]   Nagarajan null : why not shorted @6955 IB breakout? any sp reason.
[11:50]   RK : short at lows have poor Risk:Reward today
[11:50]   RK : better to short the rise or be flat
[11:51]   RK : anytime LIC will start using all the 20 fingers 🙂
[11:51]   Tejpreet : RK does that mean I stop singmine now and wait for them to finish 😉
[11:52]   RK : Tej that was just kidding..who knows what instruction they have got? 🙂
[11:53]   Varun : jayant sinha says we will manage market
[11:53]   Varun : lol
[11:53]   Tejpreet : I think we should get a fight for 7000 today as surrendered easily yeaterday
[11:54]   RK : Tej but seems the force at top want a fight at 6800
[11:54]   Tejpreet : 6800 will come as Boss has ordered but being Friday let us play some hide n seek !
[11:54]   RK : fed up with all singles..they eat them just like that
[11:55]   RK : none of the move stayed above dVAH if am right
[11:55]   Varun : dvah ws nt touched
[11:55]   Varun : abv errrrr
[11:56]   Vikkas : 6894 is weekly 200sma in NF
[11:56]   RK : fine Varun..even in BNF hardly stayed there
[11:56]   Varun : i ws waiting to exit all at dvah
[11:57]   Varun : saw singles and ended my run at 98
[11:57]   Jigs : shai, BNF reshort?
[11:57]   Shai : BNF sl is deep at 14025
[11:59]   Vikkas : anyone thot china opening again on monday after a week and missed on the bloodbath in this week in global mkts
[12:03]   RK : I think China wll be shutdown immediate after close 🙂
[12:03]   Shai : we will put 2-3 triggers here and balance we expect you to pull the trigger : (11:49) Nagarajan null:why not shorted @6955 IB breakout? any sp reason.
[12:03]   Shai : Not going to be in trade everytime
[12:03]   Shai : utilise the cues – trade – only way to grow
[12:05]   Shai : supportive greens coming – NF has to break 6910 for a fresh impulse
[12:06]   Uttam : Shai BNF was looking weaker of the 2 but NF breaking lows whereas BNF still in IBm IBL break in BNF could be big?
[12:06]   Uttam : NF also could move below 6910 if that happens?
[12:06]   Vikkas : lol @rk
[12:07]   Deepak : Cheen ka flag bhi red aur monday market bhi… 🙂
[12:07]   Shai : haha RK
[12:08]   RK : they are fortunate to have all the pain in 5-10 min than grinding for whole day and slap:)
[12:09]   Kathir : H all 🙂
[12:09]   Kathir : hi
[12:09]   Shai : Positional play : Buy 6800 put at 72 sl of 46 tgt 102/ 131
[12:10]   Shai : go with 50% qty only or 1.5% risk capital
[12:11]   Shai : NF looks ranged for intra now but buyers are not doing a job at these lower prices
[12:11]   Shai : going with a 50% qty as is a friday so if not gong below 6910 can also see profit booking in closing hour
[12:12]   Shai : below 6910 am expecting upto 6830/40 today itself
[12:12]   Viral : Woh
[12:13]   Shai : so profit booking in closing hour or a flash down – one of the 2 today n last hour
[12:17]   Tejpreet : Shai there is a lt of chatter on social media about cash buying long time portfolio buying . Would like your views on comparing this with 2008 crisis over the weekend.
[12:18]   Tejpreet : 910 done .
[12:19]   Shai : (11:40) Shai :yws can see 6910 sl just abv vvwap+filter(11:42) Shai :BNf down to 13850 again
[12:19]   Shai : this is not like 2008 at all
[12:19]   Chirag : 2011?
[12:19]   Vikkas : what was crude on 2008 ..does anyone remeber
[12:19]   Vikkas : *in
[12:19]   Shai : hit 25 intra day
[12:20]   Viral : crude was higher
[12:20]   Shai : closing was 45
[12:20]   Tejpreet : There is talk of DB going under water and that could trigger lehman like crisis.
[12:20]   Vikkas : those talks have been going on since last 10 days Tej
[12:20]   Shai : GS gave a sell call at 115 after crude spiked upto 145 plus and became the blue eyed boy of the street
[12:21]   Tejpreet : Yes Vikkas
[12:21]   Shai : cos nobody thought crude could fall
[12:21]   Viral : 147:)
[12:21]   Vikkas : yes
[12:22]   Tejpreet : So Shai this 6500-6800 zone could be used to build up cash portfolio.
[12:24]   Shai : yes should hold that 6300 level
[12:24]   Shai : otherwise God save us – we will be in an extended bear run to 4500
[12:25]   Sameer : Unfortunately(and as usual), unlike 2008, good quality stoks have not fallen much
[12:26]   Tejpreet : Thanks Shai ….. for giving the levels .
[12:27]   Porus : shai, pls adjust nf daily chart
[12:27]   Ravi : Shai can we go with aLerto
[12:28]   Shai : 6800 pe trading at 83 already 😉
[12:33]   Ashish : 93 now
[12:33]   Chirag : 7400PE a 5 bagger now for me. 🙂
[12:34]   Ashish : wow chirag
[12:34]   Ashish : congrats
[12:34]   Jigs : lots of green in NF
[12:34]   Shai : Part book NF 6882 move TSL to 6915 on Alerto call.
[12:34]   Chirag : The longest I’ve held a put!
[12:35]   RK : still no buyers..seems only profit booking
[12:35]   Shai : when alerto gives 3 alerts, it means business!!!
[12:35]   Fenil : First day in trading room n already started seeing profit in 6800pe.Thanks Shai
[12:36]   Shai : Welcome Fenil- Follow the money management link we sent. Safeguard profits/ capital
[12:36]   Fenil : Sure sir
[12:36]   Shai : without capital we can;t do nothing here
[12:37]   Shai : Sl at 6915 ensuring capital is protected now in the short
[12:38]   Shai : TSL taken in NF
[12:39]   Shai : That kind of a day when trend looks down yet there will be snapbacks
[12:39]   Shai : 6926 all greens here
[12:40]   Uttam : another tail being formed @ lows, till it sustains above 6920 tail intact of another 30+ points
[12:41]   Uttam : long above WRB Shai?
[12:41]   Uttam : 6930?
[12:41]   Uttam : we could get back to 6980?
[12:43]   Karthik : Shai, can i get the money management link again?
[12:43]   Uttam : we have a 40 point tail now come on bulls 😉
[12:44]   r m : @Karthik http://vtrender.com/risk-management-on-calls/
[12:44]   Shai : close the 6800 pe -65
[12:44]   Uttam : big greens here
[12:45]   Uttam : 6980 first stop>
[12:45]   Fenil : Nifty seems to be respecting its 200wk SMA at 6874
[12:45]   Shai : we are flat here
[12:45]   Shai : let’s see where this goes
[12:45]   r m : the link is given in your welcome mail Karthik
[12:45]   Uttam : now bulls turn for WRBs
[12:46]   Fenil : alomst 90points bounce frm low
[12:46]   r m : sellers trying to contain at vwap
[12:47]   Karthik : thanks RM
[12:47]   r m : @Karthik, what for? 🙂
[12:48]   r m : oops, i confused with Kathir 🙂
[12:48]   Uttam : 6915 will be the level to watch now
[12:48]   Karthik : for risk management link, sorry for late reply 🙂
[12:48]   r m : welcome 🙂
[12:48]   Jigs : PDL
[12:57]   Sandesh : SHAI..above what level, can consider going long on NF and what would be then sl?
[12:59]   Shai : vwap only sl day low
[12:59]   Shai : positionals
[12:59]   Shai : intra avoid
[12:59]   Uttam : problem is BNF not showing any signs of bottom being in place
[12:59]   Sandesh : k, thank you
[12:59]   Shai : beack to the template of that 7200- 7290 makt
[13:00]   Uttam : it has still got a poor low with a tail @ top
[13:00]   Shai : we had a tail, then we got vwap but failed to cross over dvah and IBH
[13:00]   Shai : so what needs to be done now??
[13:00]   Deepak : sell
[13:00]   Uttam : yep that was couple of days back right Shai
[13:01]   Shai : anyone?
[13:01]   Shai : if this tail is good what should it do next?
[13:01]   Uttam : cross DH
[13:01]   RK : hold VWAP, scale IBH
[13:01]   Uttam : IBH
[13:01]   RK : extend range
[13:01]   Kathir : sell with SL of IBH + filter ?
[13:01]   Deepak : cross VWAP and IBH and not break VWAP
[13:01]   Shai : yup
[13:01]   Janak : it will hit 7050-7100 by tom shai
[13:02]   Mahipal : back to swing level
[13:02]   Uttam : 6970 first resistance for intra above that 6995 (DVAH) & then the IBH 7040
[13:02]   Shai : 6992 dvah and IBH at 7039
[13:02]   Janak : 6870 to 7070 – 200 pts rise
[13:02]   RK : positionals now above 7000 with sL below 6900
[13:02]   RK : 15 points lower than that start of that tail
[13:03]   Shai : NF struggling still at vwap-IBL
[13:03]   Shai : this can go 40 points either way still
[13:03]   Uttam : also as Jigs said prev day low
[13:03]   Uttam : 6970
[13:03]   Uttam : the bounce stopped just below it
[13:03]   RK : to check strength of the tail would be beter move to judge action further
[13:04]   Deepak : BNF above vwap seems giving buying signal for 50-70pts
[13:04]   Shai : Place an NF long abv 6971 sl of 6942 tgt 7012 – Trade 50% only- Higher risk trade. Buy abv only
[13:05]   Janak : the move from 6870 was a very aggressive and on heavy volumes i guess
[13:05]   Shai : will not look for shorts now in this zone below 6950 today-
[13:05]   Shai : looks overcrowded the short trade
[13:06]   Shai : and ripe for pullbacks anytime unless you book quickly all profits will evaporate in secs
[13:06]   Varun : shai cn u adjust 30 min vol
[13:06]   Shai : NF triggered
[13:06]   Varun : thnks
[13:07]   Tejpreet : NF march 100 boooked from 897 to 997 🙂
[13:07]   RK : 🙂
[13:07]   Shai : 🙂
[13:08]   RK : Tej wil give us royal treat on memory of this day whenever we meet first time 🙂
[13:08]   Shai : watch 14010 BNF
[13:08]   Tejpreet : Did a shewag today and all longs …
[13:08]   Ashish : congo Tej
[13:08]   Kathir : congrats tej
[13:08]   RK : LIC seems on 20fingers now 🙂
[13:08]   r m : @RK, I plan to gatecrash in that treat 🙂
[13:08]   Jigs : BNF abv pPDH
[13:08]   Tejpreet : Thanks guys .
[13:08]   RK : RM no gates in royal treats 🙂
[13:09]   r m : lol
[13:09]   Shai : this looks institutional
[13:09]   Arvind : shai bought 7200 ce at 26
[13:09]   RK : Shai you mean you sent a msg to your boys to trigger them 🙂
[13:09]   Tejpreet : Traet done but when we all meet 😉
[13:09]   Arvind : is it ok
[13:10]   Shai : Haha RK- wish they could hear me
[13:10]   RK : hope again sellers rejoice now for getting their sweet spot 🙂
[13:11]   RK : BNF full of reds
[13:12]   Janak : budget rally on?
[13:12]   Janak : by no tome bn will go to 15k i feel
[13:12]   Janak : no time
[13:12]   Janak : fierce buying shd come
[13:13]   Janak : but if a guy in dehradoon starts selling – 12k will come first ;
[13:13]   Shai : enter sl in systems for the NF longs- this is a fast moving zone
[13:14]   Shai : we don’t want to be caught out
[13:14]   RK : what’s the high of this BNF pullback?
[13:14]   Tejpreet : Shai that hand on charts with palm outwards is a buy signal 😉
[13:14]   Shai : will be the last trade of the day and week
[13:14]   Shai : will take a fresh view from Monday
[13:14]   Jigs : 🙂 too early
[13:15]   Tejpreet : palm vanishes red comes in.
[13:15]   Shai : aah that 1
[13:15]   Janak : fridays have been rallies in this bear-phase – isnt it shai?
[13:15]   Shai : was the cursor 🙂
[13:15]   RK : Jigs, Shai has been never so agressive as he did in this week in triggering trades..he deserves early weekend 🙂
[13:15]   Tejpreet : 🙂
[13:15]   Janak : esp afternoons are surge high
[13:15]   Shai : yes Janak we have rallied last 3 fridays
[13:15]   Vikkas : @RK 14033.95
[13:16]   RK : thanks Vikkas
[13:16]   Shai : good point you brought up
[13:16]   Jigs : 🙂 rk
[13:16]   Janak : so a close around 7000-7050 can not be ruled out at the same time 6800 can also be kissed
[13:16]   Janak : 50-50
[13:17]   Janak : what a violent move some stock futures have had in 2 sessions – DLF from 90 to 72 (20% down and back to 79 now)!
[13:24]   Kathir : nf sent back from DPOC?
[13:25]   Shai : Positional : Sell March 7000 straddle ( sell 7000 ce at 224/ sell 7000 pe at 257) for a net of 485 sl of the trade to be 533 and tgt 332.
[13:26]   Shai : Only 1 pair per one L of capital . Sl is 48 points and tgt of 150. Sell signal was recived yesterday
[13:28]   Shai : safe traders can avoid but the pair looks good with vix out at 25 plus
[13:28]   Janak : vow
[13:28]   Janak : so that means even if a spike till 7100 may not pause as a threat?
[13:30]   Shai : yeah
[13:30]   Shai : we are theoretically safe from 6500- 7500 on that 1
[13:30]   Shai : but problem will be if we move like yesterday 250 points in 1 go
[13:33]   Jigs : shai, BNF abv 14020, long advisable?
[13:35]   Varun : shai tpo shpws poc at 80
[13:35]   Varun : and 5 min at 7000
[13:35]   Shai : go abv 14038 for 14098/ 14190 sl f 13970 dval
[13:35]   Varun : more relaiable
[13:35]   Shai : smaller qty
[13:36]   Varun : ?
[13:36]   Varun : i think tpo shopwin yesterday poc
[13:36]   Varun : whts pink in tpo @shai
[13:36]   r m : pink is volume poc i think
[13:37]   Shai : 6982 is the correct 1
[13:37]   Varun : thnks shai
[13:37]   Uttam : Varun DPOC is 6980 today
[13:37]   Varun : cn we adjust something
[13:37]   Varun : to sort this out
[13:37]   Shai : ok – will look into it this weekend
[13:37]   Varun : thanks
[13:39]   Shai : Book 50% NF at 7005 now and hold balance for 7040 Sl of 6970
[13:40]   Shai : sl got saved by a whisket there
[13:40]   Shai : whisker*
[13:40]   Uttam : yep Shai 🙂
[13:40]   Kathir : yes shai i bought @ 7950 there 🙂
[13:40]   Shai : Nice
[13:41]   Ashish : Europe is grreen today
[13:41]   Shai : thank you for saving us Kathir
[13:41]   Kathir : lol
[13:41]   r m : 🙂
[13:41]   Sandeep : haha
[13:41]   Shai : if 6970 holds we can see 7032/ 7060
[13:41]   Kathir : I am a one lot trader :
[13:41]   r m : that proved to be the magic lot na!
[13:42]   Kathir : 🙂
[13:42]   Shai : vis below 24.50 can drop to 22.88
[13:43]   Deepak : yes its on its way…
[13:44]   Tejpreet : Shai good one ! (13:09) Shai :this looks institutional
[13:45]   Jigs : 50pt in BNF shai, out, not comfortable with this
[13:45]   Shai : yup orderflow was good then
[13:45]   Shai : and big
[13:46]   Tejpreet : so we are at 7000 let the friday fight begin .
[13:46]   Uttam : only issue with bnf is the poor low & seems we have an anomaly in NF @ 7008 here
[13:47]   Uttam : NF comes back to address it
[13:48]   Uttam : Shai adjust 30 min chart pls
[13:49]   Uttam : wrb in NF
[13:49]   Varun : shai cn u adjust 30 min
[13:49]   Varun : on higher side
[13:49]   Varun : tia
[13:51]   Uttam : chance of DPOC shifting upside
[13:51]   Uttam : 7000+ level
[13:54]   Vikkas : FM going to spk live suring mkt hrs ..just read a tweet from anuj singhal
[13:55]   Jigs : sure?
[13:55]   Tejpreet : Even europe coming off highs after hearing this 😉
[13:56]   Vikkas : Anuj Singhal@_anujsinghalFinance minister to address market fall shortly, that’s the word from Delhi!!
[13:56]   Jigs : oh this FM, tv se dur reh hi nahi pate
[13:57]   Vikkas : he’s yet better off then lungi who use to come on tv after a 50 point fall also ..lol
[13:57]   Shai : morning tail has an unfinished job
[13:58]   Uttam : to test VWAP>
[13:58]   Kathir : shai any intrs short now?
[13:58]   Jigs : revisit?
[13:58]   Shai : Flat in NF again
[13:58]   Uttam : & go above IBH?
[13:58]   r m : lol
[13:58]   Shai : No loos like profit booking Jigs
[13:58]   Shai : looks*
[13:59]   Uttam : but we have greens @ top of the prev 30 min bar
[13:59]   r m : Jaitley is the only IB minister in Indian history who prefers to come on private tv channels 🙂
[13:59]   Jigs : @rm, darling of Barkha…
[13:59]   Jigs : not pvt tv ch, say it anti pm ndtv 🙂
[14:00]   r m : lol
[14:00]   RK : BNF got 30k trapped
[14:01]   Shai : 6950 is a valid support now
[14:01]   Shai : looks like new longs entered there
[14:01]   John : Hi Kathir 🙂
[14:01]   John : 2 hrs missed the action
[14:01]   RK : oh Kathir here..Hi sir 🙂
[14:02]   Kathir : Hi john RK..john RM informed me about your arrival 🙂 yes john late today
[14:02]   John : just now logged in
[14:02]   Shai : but BNF is still roational
[14:02]   Uttam : & DPOC in BNF still @ 13880?
[14:02]   John : Ya..morning only asked about u 🙂
[14:02]   Kathir : @shai is 7830-40 still open for today?
[14:02]   Uttam : tpo dpoc@ 13944?
[14:03]   Kathir : @john PM we can chat in Slack..
[14:05]   John : sure kathir
[14:06]   Shai : yes if 6940 goes there can be panic again
[14:06]   RK : RM, Coimbatore folks are discussing party venue in PM 🙂
[14:06]   John : lol 🙂
[14:06]   r m : I know RK, picnic on the banks of River Bhawani 🙂
[14:07]   RK : or Ooty who knows..they are just 90 mins drive away 🙂
[14:07]   Kathir : 🙂 no party without karur guys and DD master
[14:07]   r m : yes RK 🙂
[14:07]   RK : we have been talking talking but no plan Kathir 🙂
[14:07]   Kathir : @RM RK’s bnf profit alone is enough for the party
[14:08]   r m : @Kathir, Masters in Pune, only pretenders in DD 🙂
[14:08]   r m : lol
[14:08]   RK : we should dedicate one day’s trade as earning for DD trip..loss comes RM will pay..gain means we will book tickets 🙂
[14:08]   John : 🙂
[14:08]   Jigs : lol
[14:08]   Kathir : lol sure RK
[14:09]   r m : sure RK, now I’ll pray daily for your profits 🙂
[14:09]   Kathir : @RM pune master Tea tottaller- no party there
[14:09]   RK : 🙂
[14:09]   Tejpreet : RM small help your option calculator BN 14000 call at BN spot 14230 with vix 22 monday closing value.
[14:10]   r m : @Kathir, Tejpreet is also there, he does not seem to be a teetotaller 😀
[14:11]   r m : @Tejpreet, sorry man, option calculator out of action for quite some time. zerodha guys wanted to fix it it in market time which did not suit me
[14:11]   Kathir : @tej 218??
[14:11]   Tejpreet : no probs !
[14:12]   RK : Shai not possible to make price scale visible in 30mins?
[14:12]   r m : last 2 digits are there 🙂
[14:12]   RK : by minimising that light grey shade?
[14:12]   Kathir : @tej zerodha calc says 218 with 22 vix on monday
[14:12]   Tejpreet : kathir current is 318 want to know at 3:30 monday with my conditions.
[14:12]   RK : BNF nothing RM..NF has 2 digits
[14:13]   Tejpreet : kathir take spot as 14230.
[14:13]   r m : @RK, ok, forgot that like Arjuna your eyes are always on bird’s eye (BNF) 🙂
[14:13]   RK : 🙂
[14:13]   Vikkas : Just a caution.. Moves will be like today for few days cz we have a huge range to repair so just play with tight SL n try to capture the biggger move
[14:13]   r m : +1 Vikkas
[14:13]   RK : 2 more days to get 24″ to look everything at one shot RM 🙂
[14:14]   r m : @RK, mine should also be here tomorrow or on monday
[14:14]   RK : cool
[14:14]   Uttam : BNF making a ‘D’? poor low & now poor high
[14:14]   Vikkas : wow congrats rk and rm
[14:14]   Uttam : cool RK & RM, congrats
[14:15]   r m : Thanks guys!
[14:15]   Uttam : so which movie this weekend 😉
[14:15]   RK : Thanks guys
[14:15]   r m : the one i ordered looks like a dachund with low height and long body 🙂
[14:15]   Kathir : super RM RK
[14:15]   RK : Uttam gone to movie yday 🙂
[14:15]   Sandesh : “khoon mein dooba nifty”
[14:16]   Uttam : cool RK after yesterday’s trading you must be feeling like weekend’s started 😉
[14:16]   Kathir : @Tej you want it for 14230 monday price for 14000 ce?
[14:16]   Kathir : spot I mean
[14:16]   RK : I go to movie after every very bad or good day to keep myself balanced 🙂
[14:16]   r m : lol
[14:17]   Uttam : nice RK 🙂
[14:17]   r m : http://www.lg.com/uk/images/monitors/25UB55-B/gallery/25UB55_medium_01.jpg
[14:18]   Kathir : @RK I go to movie after buy or sell and is Sl hits go to tasmac after movie 🙂
[14:18]   r m : this one can display full vtrender page plus some space to spare
[14:18]   RK : Kathir 🙂
[14:19]   r m : @Kathir, SL itself is a tasmac, why double up Kathir? 🙂
[14:19]   Kathir : 🙂
[14:20]   Kathir : @tej 361 monday if spot 14230 and 22 vix..
[14:21]   Tejpreet : Thanks Kathir
[14:21]   Kathir : welcome Tej
[14:22]   Varun : csn do 6940 once
[14:22]   Kathir : no big difference between bnf spot and fut – just 10 – 15 points
[14:23]   Uttam : Varun to test the tail is it?
[14:23]   Varun : tail is far off
[14:23]   Uttam : yep 6915-6875
[14:25]   RK : BNF buyers seems getting life
[14:26]   Uttam : seems like we will have a different kind of b profile in BNF with a spike close @ high 😉
[14:27]   John : lol kathir 😀
[14:34]   Jigs : shai, nifty fresh level
[14:34]   Jigs : i feel, 7080-90 possible
[14:36]   Kathir : today jigs?
[14:36]   Jigs : asking shai, want to confirm with shai
[14:37]   Varun : shai one funda will be diff from 7200/90
[14:37]   Varun : tail this time
[14:37]   Varun : if we close abv 7000
[14:38]   DrBansal null : shai,short straddel march,
[14:38]   DrBansal null : bearish?
[14:38]   Arvind : Any Vtrender master fro BT Kavade Road
[14:39]   Varun : all vtrender champs from west/south india
[14:39]   Varun : seems rm and me are in minortiy
[14:39]   r m : Ashish is from jammu, farther north 🙂
[14:39]   Varun : cool
[14:39]   Varun : and tej ?
[14:40]   r m : Pune I think
[14:40]   Arvind : Any body from Pune
[14:40]   Janak : 6870 to 7025 – what a friday finish!
[14:40]   Janak : anti-climax for bears
[14:40]   Tejpreet : Yes I am from Pune.
[14:40]   Janak : and still 1 hr is left
[14:40]   Varun : cool
[14:41]   Shai : Jigs yes can do a neutral extreme 7075 possible
[14:41]   Shai : but suggest new buy abv 7040 only with 7020 stop
[14:41]   Janak : shai 6950pe can be a gae?
[14:41]   Jigs : ok will stick with 7040
[14:42]   Janak : for the last assault from bears?
[14:42]   Shai : Dr not Bearish now – feel we are in a 6820- 7400 market now and will go sideways
[14:42]   Shai : hence the straddle to enjoy the premium
[14:44]   Janak : chances of 6950 are very remote – but still 20% chance is there
[14:44]   Janak : a shaking-up act from bears
[14:44]   Sandesh : Janak.. intra?
[14:44]   Janak : yes
[14:44]   Janak : vwap still at 6968
[14:44]   Sandesh : oh.. good!
[14:45]   Vikkas : vwap @ 6971.40
[14:45]   Janak : but extremely low-prob trade
[14:46]   Shai : BNf abv IBH
[14:47]   Shai : is neutral already
[14:47]   Shai : with the tiniest of FA’s at 13812
[14:49]   Gaurav : Rocking Nifty call Shai.
[14:50]   Varun : btr fr bulls to close here thn a spike
[14:50]   Varun : as poc/val all down
[14:51]   RK : Yes close at IBH
[14:51]   Fenil : Shai do you think this low at 6869 will be visited again ?
[14:52]   Fenil : Is it safe to sell feb 6800 pe ?
[14:52]   Varun : wld say spend next 30 mins at 7020
[14:52]   Varun : poc shift up
[14:52]   Varun : very neccesary
[14:54]   John : Shai can u please move down NF 30 min chart
[14:57]   Janak : 7042 to 7002 – not bad?
[14:58]   Shai : No safe Fenil
[14:58]   Shai : It’s an FA it can get visisted
[14:58]   Janak : (14:44) Janak :chances of 6950 are very remote – but still 20% chance is there(14:44) Janak :a shaking-up act from bears(14:44) Janak :vwap still at 6968
[14:58]   Fenil : okay
[14:58]   John : Thanks Shai
[14:58]   Shai : FA at 6875 and 13812
[14:58]   Janak : well very good effort stil
[14:58]   Shai : lows are not fully secure yet
[14:59]   Janak : they will keep the threat alive 🙂
[14:59]   Fenil : ok Shai
[14:59]   Janak : anyuone shorted on pink OF?
[14:59]   Janak : around 7030
[14:59]   Janak : good 40 pts
[15:00]   Sandesh : booked 38 points Janak
[15:00]   Uttam : Neutral Centre Day Shai?
[15:00]   Sandeep : yes janak did 🙂
[15:00]   Janak : good sande(sh/ep);
[15:01]   Sandesh : 🙂
[15:02]   Janak : people having name with S are rockstars – sandeep/sandesh/shai/Sanak etc;
[15:02]   Varun : rm did u have a guy named viren ayear back in room
[15:02]   Varun : ?
[15:02]   Varun : like year and half back
[15:03]   Varun : who used to manage the handle on twitter
[15:03]   Kathir : yes varun viren was here
[15:03]   r m : Shai’s partner and friend 🙂
[15:03]   Varun : cool
[15:03]   Varun : cos i used to read his tweets
[15:03]   Varun : before joining
[15:03]   Janak : viren is still there but he doesnt show up here – he makes trillions with MP –
[15:03]   Varun : hahahah
[15:03]   Kathir : 🙂
[15:04]   Janak : seriously varun – he is extremely deft trader
[15:04]   r m : I think he has retired from active trading
[15:04]   Jigs : what abt kris?
[15:04]   r m : or at least active tweeting 🙂
[15:04]   Varun : tweeting cld be
[15:04]   Varun : cos tought o leave trading
[15:04]   r m : Kris is live and kicking on twitter 🙂
[15:04]   r m : drops in here occasionally
[15:04]   Janak : i vividly remember when i was new to room and was always bragging abt my trades and announcing like i made 1k/2k
[15:04]   Jigs : not seend in room
[15:05]   Jigs : *seen
[15:05]   Janak : one morning viren quitely told – 70k up in morning sessions and i had a cold all day ::
[15:05]   r m : yes Jigs, not since you came back
[15:05]   r m : @Janak, lol
[15:05]   Uttam : wow 70K means he would be having a super big account too for trading
[15:06]   Janak : yes uttam – he is a volume player
[15:06]   r m : @Uttam, Shai and his friends are like icebergs 🙂
[15:06]   Uttam : DPOC shiting upside to 7k now
[15:06]   Janak : probably the best student of shai
[15:06]   Uttam : would have loved to learn from him too
[15:07]   Shai : BTST : Buy 6800 pe at 47 sl of 29 tgt 90
[15:07]   Janak : there comes the baap-of-all-bears – Shai::
[15:08]   Shai : 6800 pe is holding supp at 33
[15:08]   Janak : ok shai but eu up by 1.5
[15:09]   Shai : we will watch that level next week also
[15:09]   Janak : any hedge like 7100ce
[15:09]   Shai : no need of hedge
[15:10]   Shai : IBH not sustained – 20 misn to go
[15:10]   Janak : ok
[15:12]   Shai : I pinned that msg of that tail on twitter about what he needs to do by close
[15:13]   Shai : last condition was IBH
[15:13]   RK : we are about 7% off from last Friday close..
[15:13]   RK : what could be China fig at open on Monday? 🙂
[15:14]   Shai : think about how their traders would have been all week as they saw the turmoil
[15:14]   RK : Disclaimer : pls dont short based on that..Dragons can jump eitherway quickly 🙂
[15:14]   Shai : can’t imagine NSE doing that to us
[15:14]   RK : I will quit the business for sure
[15:15]   Shai : 🙂
[15:15]   Varun : once thy did it
[15:15]   Varun : harshad mehta
[15:15]   Varun : shares opened single digits
[15:15]   Varun : game over
[15:15]   RK : I know that pain being traded Crude and Silver..
[15:15]   Shai : yeah pre electronic
[15:15]   RK : just 2 days close here in MCX will send prices mad after open
[15:15]   RK : Varun how long they closed?
[15:16]   Varun : i think 21 days
[15:16]   RK : thank god..I was in school then and not trading 🙂
[15:16]   Varun : a similar thing haond in 2000
[15:16]   Varun : demat scam
[15:16]   Varun : shares were falling and shares were with companies
[15:17]   Varun : so cldnt sell
[15:17]   Shai : RM there is some heavy volume activity at 7020- 7000 just now around 3 pm. Can heckly confirm if longs closed there?
[15:17]   Varun : whn shares creditted
[15:17]   r m : will check
[15:17]   RK : First big hit I faced after entereing trading was gap down due to P notes
[15:17]   Varun : 90 % erased
[15:17]   Varun : i ws trading in demat scma
[15:17]   RK : oops thats craxy!
[15:17]   Varun : gt trapped in one
[15:17]   RK : crazy
[15:18]   Varun : bought at 140
[15:18]   Varun : opened at 55
[15:18]   Varun : qty ws 1000
[15:18]   Varun : entire college money gone
[15:18]   Shai : crazy
[15:18]   RK : oops
[15:18]   Shai : How long you have been trading Varun?
[15:18]   Varun : 2000
[15:18]   Varun : i was 17
[15:18]   Varun : out from school
[15:18]   RK : Yeah seems from childhood 🙂
[15:18]   Shai : aah
[15:18]   Varun : used to lie
[15:18]   Varun : and sneak out
[15:18]   Varun : into brokers room
[15:19]   Shai : I was just going to bracket you into the 65 club 🙂
[15:19]   Uttam : wow Varun 🙂
[15:19]   RK : When I was 26, I couldnt understand business channel tickers
[15:19]   Varun : the enviroment ws
[15:19]   Shai : good you mentioned 17
[15:19]   Varun : like a caasino
[15:19]   RK : Shai 🙂
[15:19]   Varun : hahaha
[15:19]   Varun : my broker ws like 5 phones
[15:19]   Uttam : RK how long have you been trading?
[15:20]   Varun : but he got duped 5 crores in tht time
[15:20]   RK : I started reading economic times to learn mkts when I was 27 and in my town I get paper only the second day
[15:20]   Varun : and he sold off everything
[15:20]   RK : Varun thats crazy
[15:21]   RK : Uttam started in 2009 and by 2011 busted 2 accounts
[15:21]   Sandeep : shai, when are we meeting…the meet up 🙂
[15:21]   r m : Heckyl view – http://screencast.com/t/nN0repq12dZ
[15:21]   Varun : ya tht time everyone used to trade in cash
[15:21]   RK : then again 2012 commodities and closed at breakeven in 2013
[15:21]   RK : and again from 2015 from now 🙂
[15:21]   Uttam : cool RK
[15:21]   RK : *till noow
[15:21]   RK : now
[15:22]   Uttam : Varun 5cr then would have been a huge loss for that broker
[15:22]   Sandeep : 2.45-3 Longs unwinding happened
[15:22]   Uttam : so in between total break for 2 years RK?
[15:22]   Varun : ya uttam , a nice soul had to leave and sell everything he had
[15:22]   RK : Yep got promoted at office and had to stop trading
[15:22]   Jigs : rm, this is awesome
[15:23]   Varun : rm can u tell in short
[15:23]   Varun : wht hapnd in oi
[15:23]   Varun : very bad with it
[15:23]   Varun : in the rally did itm ce oi rise
[15:23]   Varun : ?
[15:23]   Uttam : thats sad Varun, hope he got better off after that incident
[15:23]   Uttam : so RK now you are fully into trading?
[15:24]   r m : showing short covering and long unwinding both above 7000
[15:24]   Shai : thanks RM
[15:24]   RK : Yep
[15:24]   Shai : yup the longs took profits
[15:24]   r m : welcome
[15:24]   RK : China fear 🙂
[15:25]   Shai : there were longs created at 6950 – and I think they are going home flat
[15:25]   RK : BNF poor close here
[15:25]   Varun : rk law of gravity
[15:25]   Varun : 🙂
[15:25]   Shai : (14:01) Shai :6950 is a valid support now(14:01) Shai :looks like new longs entered there
[15:25]   Varun : black hole
[15:25]   RK : and 7040 seller standing tall Shai
[15:25]   Shai : yes
[15:25]   Varun : 7030 was a micro fa
[15:25]   RK : VArun yes..but not gone for it 🙂
[15:26]   Shai : those 3 wrb’s popped out in the vening charts
[15:26]   Shai : exactly 7040/60
[15:26]   Shai : and then the range extension done from 7120
[15:26]   Shai : so 7040/60 and 7120/50 are 2 supply zones for next week
[15:27]   Varun : shai best for bulls to balnce here t+2
[15:27]   Varun : with protecting the singles
[15:27]   Varun : indise days
[15:27]   Varun : inside days
[15:27]   Shai : but is an FA-
[15:27]   Shai : vist can happen T=5
[15:27]   Uttam : BNF seems to have made a neat profile
[15:27]   Shai : t+5
[15:27]   Varun : ya t+ 2 balnce
[15:27]   Vikkas : shai NF has a FA
[15:27]   Varun : and then go for fa
[15:28]   Vikkas : no naa
[15:28]   Janak : risking 7100ce for monday shai – small qty – just 58
[15:28]   Shai : ok
[15:28]   Shai : my put has gone to 52
[15:29]   Ashish : its our put now Shai 🙂
[15:29]   r m : lol
[15:29]   Shai : yes 🙂
[15:29]   Kathir : LOL
[15:30]   Kathir : like hamara bajaj
[15:30]   Sandeep : bye all
[15:30]   Janak : 🙂
[15:30]   Tejpreet : Bye All.
[15:30]   Ashish : yes kathir
[15:30]   Ashish : Thanks and bye all,
[15:30]   Kathir : 🙂 thanks and bye all
[15:30]   Janak : i have record – everytime i carry overnight options – i loose 🙂
[15:30]   Sandeep : have a great weekend
[15:30]   Shai : Bye all
[15:30]   Siddharth : bye evryone
[15:30]   Shai : Have a nice weekend
[15:30]   Vikkas : bye all
[15:30]   John : bye all 🙂 happy weekend 🙂
[15:30]   Vikkas : happy weekend
[15:30]   Jigs : bye all
[15:30]   Porus : bye all
[15:31]   Vipul : bye all
[15:31]   Arvind : bye all
[15:31]   r m : Thanks and bye folks, have a great weekend 🙂

[09:01]   RK : DR 3 consecutive days decent volume..worth to hold the tail whichever way it jumps
[09:03]   r m : Results today – Adani Ports, Adani Power, Andhrabank, Apollohospital, BPCL, Canarabank,Ceat, Godrej Ind, HPCL, IDBI, IFCI, IOC, M&M, NMDC, Oilindia, Sunpharma, SunTV
[09:03]   r m : Results tomorrow – BankBaroda, HDIL, JPAssociates, JSPL, Ucobank
[09:09]   Vikkas : +1 rk
[09:21]   RK : Shai obj for LIC pls?
[09:25]   RK : Shai ignore..closed 🙂
[09:26]   Chirag : Shai sir,ID levels for AH
[09:30]   Viral : shai, tatasteel any good supply zone to sell?
[09:31]   Uttam : Shai view on TataMotors positional?
[09:33]   Viral : shai ur view on usdinr?
[09:34]   Viral : usdinr spot closed at life high
[09:34]   RK : Shai BPCL 780 🙂
[09:35]   Vikkas : result today Rk
[09:40]   RK : am out Vikkas temporirily due to result..if this bounces to 820..will be in again
[09:40]   Vikkas : ok 🙂
[09:40]   RK : *temporarily
[09:41]   Chirag : Shai sir,ABFRL low 146.80 and recovered.
[09:41]   Ravi : Tejpreet, is this session only chat or we can have audio also?
[09:41]   r m : only chat
[09:41]   Ravi : ok
[09:43]   Ravi : rm/Shai.. is it right time to enter 7200 ce as we didnot take it yesterday and new to the session
[09:44]   r m : @Ravi, I suggest that you take fresh calls only unless you get an update from Shai on that CE
[09:45]   Tejpreet : Ravi I think chat only …maybe rm can confirm.
[09:47]   r m : @Tejpreet, yeah, chat only, voice is used for those rare webinars 🙂
[09:47]   Chirag : RM sir,any webinar in the near future?
[09:48]   r m : @Chirag, I am no Sir 🙂
[09:48]   r m : Keep asking Shai for webinars, hope he will arrange one 🙂
[09:48]   Chirag : lol,okay RM. 🙂
[09:51]   Shai : usdinr that bullishness is prevalent abv 68.13 again from yesterday but see intra day supply coming arnd 6864 today. abv that 68.99
[09:51]   Vikkas : pls keep this tab just for stock discussions 🙂
[09:52]   Shai : apollo 1406 intra day supp- is a short below 1405 for 1390/ 1382
[09:53]   Shai : tata steel supply zone is 230- 232 – may be headed down to 210
[09:54]   r m : @Vikkas, not stock chat swept off sir – swatchh bharat 🙂
[09:54]   Vikkas : haha.. thank u RM 🙂
[09:54]   Shai : ttm that 268-262 zone is still a positional supp but momentum back only abv 311
[09:58]   Vikkas : look at tisco man
[09:58]   Vikkas : cracked hard
[10:00]   Tejpreet : Shai ID target for HDFC longs at lows .
[10:01]   Uttam : thanks Shai
[10:03]   Viral : 210 achieved
[10:03]   Viral : 🙂
[10:09]   Shai : hdfc has to stay abv 1085 for 1108 else back down to 1050 again
[10:09]   Viral : shai any fresh view on LT?
[10:14]   Tejpreet : Thanks Shai.
[10:26]   Shai : LT watch 1045 for supp
[10:29]   r m : Stock levels given by Shai in the current week are copied to this sheet – http://tinyurl.com/StocksLevelsCurrent
[10:29]   r m : Stocks levels given in previous 4 weeks can be seen here – http://tinyurl.com/StocksLevelsHistoric
[10:32]   r m : both sheets are available in Dcoument folder on right hand bottom of this scren – http://screencast.com/t/jnY3nFtT
[11:20]   RK : Shai HCL look weak here?
[11:24]   Tejpreet : Shai views on Wockpharma ….cash potfolio …where is the next major support.
[11:32]   Shai : hcl spiking lower
[11:32]   Shai : 799 could resist now intra day to do 784/ 777 and if held then 765
[11:32]   RK : closed Shai 805-790
[11:33]   RK : thankks
[11:33]   Shai : wock 2 major supp close by 745 is 1 and then other below at 643/59
[11:33]   Ravi : Shai.. for portfolio Mindtree can this be right price to enter..
[11:34]   Ravi : i see in couple of months its trading between 1400 to 16000 range
[11:34]   Ravi : now it came to back 1410 now
[11:36]   Tejpreet : Thanks Shai.
[11:38]   Shai : yes mindtree has a nice supp at 1400 closing basis. . is sharply down from 1546 and trending lower – if broken you may have to buy a put for the holding as it can see 1326 quickly
[11:39]   Ravi : ok thank you
[11:40]   Vikkas : can someone copy paste RK and Shai’s convo abt DRL today mrng ?
[11:40]   Vikkas : pls
[11:45]   Vikkas : @RK watching heromoto
[11:45]   Vikkas : but i have no position 🙁
[11:45]   r m : @Vikkas, no conv here, only monologue from RK 🙂
[11:45]   Vikkas : 🙂
[11:51]   Gaurav : Shai LIC housing looks good at these levels for 410?
[11:53]   RK : Gaurav we have O=high..better to wait
[11:53]   RK : bounce seems sold
[11:57]   Shai : lic is a broad 397-412 range – there will be weakness if 397 goes but for now is 2 way
[12:00]   Gaurav : Thanks Shai
[12:01]   Gaurav : Totally missed the O=H. Thanks RK
[12:12]   RK : LT cracking hopes of many dip buyers
[12:13]   Vikkas : 3 figures soon
[13:53]   RK : have been watching for last 1 month..whenever mkts turns positive, M&M runs up pretty fast..seems many shows intrest there..even while falling it shown reistance for long than others..better to watch it
[13:54]   Vikkas : +1 RK
[13:55]   Vikkas : also today i think it reported numbers as well
[13:55]   RK : oh ok
[13:56]   Vikkas : (09:03) r m:Results today – Adani Ports, Adani Power, Andhrabank, Apollohospital, BPCL, Canarabank,Ceat, Godrej Ind, HPCL, IDBI, IFCI, IOC, M&M, NMDC, Oilindia, Sunpharma, SunTV
[13:56]   Vikkas : @RK
[13:57]   RK : Yeah just checked my sticky..its today
[13:57]   Vikkas : 🙂
[13:57]   Vikkas : but we traders / chartist dont care for results ..charts show everything 😀
[14:00]   Tejpreet : Shai views on Dani ports ..numbers look ok .
[14:00]   Tejpreet : Adani ports.
[14:18]   Sandesh : shai.. if at all NF closes above days high, does it confirm the bottom out?
[14:19]   RK : TTM on 4cylinders
[14:25]   Uttam : weekly close below 279 would have been bearish for TTM @RK so look at how it is reacting 😉
[14:29]   Shai : adani good bounce – if it moves abv 182 again can see 190- but I’m not comfy with a close below 191 today
[14:30]   Shai : ttm goo move – still some work left at 311
[14:31]   Shai : Sandesh confirms a pause
[14:31]   Tejpreet : Thanks Shai.
[14:31]   Shai : Breoad view is 7600- 8400 for next several months
[14:31]   Shai : let’s rotate and fill up the profile
[14:31]   Chirag : Shai sir,could you please update on ABFRL?Downside objective done?
[14:31]   Uttam : 6600-7400?
[14:32]   Shai : you guys remember the walk in the park chart?
[14:32]   Shai : that region needs to fill up
[14:33]   Shai : abfrl 145 was the objective but big buying is missing still – can put a bounce back – will have to study the bounce to know for sure
[14:34]   Chirag : covinced the volumes on the downside?
[14:34]   Chirag : by*
[14:35]   Chirag : I got out yesterday due to results.Results are out and good.
[14:38]   Shai : ok maintain that sl on closing basis
[14:38]   Shai : 145 a good level
[14:38]   Chirag : Okay.Thanks much. 🙂
[14:39]   RK : from my experience, stocks will not run in straight line upwards after such lows made today..so you can spend your time this weekend and select stocks on Monday..we may miss one or two which may not comeback down but most of them do..
[14:40]   Vikkas : +1
[14:40]   Vikkas : also skeptical to buy anything here till i dont see how china reacts on monday mrng
[14:45]   Chirag : Agreed RK.I haven’t entered again.Just monitoring its moves specially volumes.Will get in after a detailed study of its results. 🙂
[14:48]   Sandesh : Shai.. veiw on PNB please
[14:52]   Shai : pnb 70.3 is big supp- close abv 75.2 should just be ok for a marginal long bias
[14:52]   Shai : provided we trade abv 75.2 all day monday
[14:52]   Shai : 80 is higher supply
[14:53]   Sandesh : do you advise buying 75 CE at 2.7?
[15:04]   Shai : don’t have option charts
[15:04]   Sandesh : thank you dear