General Chat Transcript
Date and Time: May 13, 2015 09:04:22
[08:35] r m : Good Morning folks!
[08:35] r m : http://vtrender.com/levels-and-plan-for-13th-may/
[08:35] r m : http://vtrender.com/premium/orderflow-charts-and-notes-12th-may/
[08:35] r m : Nifty MAY Future levels| Key Reference Area 8110| Hypo1 above 8110?8184?8216 SL 8078| Hypo2 below 8080?8057?8019 SL 8117
[08:35] r m : Banknifty MAY Future levels| KRA 17801| Hypo1 above 17861?18009?18172 SL 17770| Hypo2 below 17770?17454 SL 17875
[08:38] r m : Results today – Lupin
[08:50] Sudhakar : GM all
[08:58] Porus : GM all
[09:00] Pawandeep : GM Everyone
[09:00] Shai : GM all
[09:01] r m : Nifty MAY Future levels| Key Reference Area 8110| Hypo1 above 8110➜8184➜8216 SL 8078| Hypo2 below 8080➜8057➜8019 SL 8117
[09:02] r m : Banknifty MAY Future levels| KRA 17801| Hypo1 above 17861➜18009➜18172 SL 17770| Hypo2 below 17770➜17454 SL 17875
[09:03] Ashish : GM all
[09:04] RK : GM Shai,RM and all
[09:05] Sudhakar : gm all
[09:05] r m : Hi RK
[09:08] Mahesh : gudmrng……………..
[09:11] Sumit : GM everyone
[09:12] Hemant : GM folks
[09:12] Venkatesan : GM sai, rm and friends
[09:15] r m : Hi Venkatesan
[09:16] Mahesh : hie venkatesan
[09:16] Vishal : GM All
[09:17] Keshav : gm all
[09:19] r m : @Shai, Lupin is rocketing, what are the levels and stop for buy in LUPIN?
[09:21] Sharad : GM all
[09:21] Venkatesan : hi magesh gm
[09:26] Shai : A very stromg open
[09:26] Shai : abv VAH
[09:26] Shai : 8265 yesterday seller in focus
[09:29] Shai : Short NF at cmp sl 8274 tgt 8200
[09:32] Shai : RM, lupin good abv 1750 all day tgt of the move 1847
[09:33] r m : Thanks Shai
[09:33] Shai : positinal short covering can trigger abv 1815 close
[09:33] r m : ok
[09:40] Shai : vol for first 15 mins is again very hgh
[09:40] Shai : 32 L
[09:41] Shai : vwap at 8226 will open the gate for bears
[09:41] Ashish : Shai, 8300CE targets please
[09:41] Mahesh : k sir
[09:43] Shai : 8300 ce can do 148 if it stays abv 110 now here
[09:43] Ashish : Ok shai
[09:44] r m : @Shai, can part entry be made in 8000PE here with review at close?
[09:48] Shai : No RM
[09:48] r m : Thanks
[09:48] Shai : only if vwap breaks
[09:48] Shai : was looking for a test of 8200 Pe
[09:48] Shai : 8200 F**
[09:48] Shai : But we have to reverse to long bias abv 8275G
[09:48] r m : ok
[09:49] Ashish : Shai, Is that one is a seller @ 8262?
[09:50] Shai : NO looks like a short cover order there
[09:50] Ashish : Thanks
[09:51] Ashish : Volumes are about to cross 9 lakh in this 15 min. candle
[09:51] Shai : yes big players again
[09:52] Ashish : still 8 minutes to go
[09:52] Shai : if vwap holds we will drive up to yesterday highs also
[09:52] Ashish : okkk
[09:53] Ashish : Shall a buy order be placed around 8276-80 to catch the upside momentum Shai?
[09:55] Shai : yes
[09:55] Ashish : ok
[09:55] Shai : or can buy abv IBH after 10.30
[09:55] Ashish : got it Shai
[09:56] Shai : shrts will get trapped at these prices and cover up later if we stay abv vwap
[09:56] Shai : that seems to be morning agenda
[09:56] Mahesh : k
[09:56] Shai : we will cut our NF short if buying shows up near 8245 nw
[09:59] Shai : exit the NF shorts abv 8275 F
[09:59] Shai : more buyers now
[09:59] Ashish : ok
[10:01] Dharamveer : Shall we buy here shai
[10:01] Shai : No wait
[10:07] Shai : zone btw 8248/8236 has big postive buying today
[10:08] Shai : yesterday sellers stil abv 8275 though not active yet today
[10:09] Shai : BNF definitely longs intersteted
[10:09] RK : in this recent trend all the open moves tend to be right one and no whips atleast for the day..it could be coz of open and close by pros
[10:09] Shai : tgt is 18275
[10:10] Hemant : Shai is it ok to short & hold 8500 CE for next week?
[10:12] Shai : yes – review is over 8355 spot
[10:12] Hemant : Great thanks
[10:15] Varun : @shai does the poor low at 8120 needs a repair fr a bigger rally
[10:15] Varun : or rallies cn take place without a tail ?
[10:18] Shai : Varun this Time frame per profile is sideways
[10:18] Shai : buy low and sell highs
[10:19] Shai : Spot well abv 8180 now. Intra day spot holding 8230 tgts 8282
[10:19] Shai : sign of a seller being aggressive at these prices like yesterday missing
[10:20] Shai : also holding vwap
[10:20] Shai : feel short covering will come later in day
[10:20] Shai : sl vwap + filter for view
[10:29] Varun : shai if wvap goes, day low possible /
[10:29] Varun : cos once u said such strong trend days should rspect vwap, else opp extreme
[10:35] Hemant : VWAP about to go?
[10:37] Shai : yes if vwap goes entire upmove can go
[10:37] Hemant : thats hanging by a thread
[10:45] Hemant : Here it goes ..
[10:47] Shai : NF short again for 8200 sl of 8274a ta cmp
[10:47] Hemant : 🙂
[10:47] Mahesh : k
[10:47] Mahesh : sir
[10:54] Shai : Book part trail rest at 8247 F
[10:54] Mahesh : k
[10:54] Vishnu : ~10L volume in 10 mins
[10:55] Shai : If 8200 breaks we have a big winner enough to cover the mrning setback
[10:55] Varun : shai do p’s and b’s work so consistently ?
[10:56] Shai : yes but more importantly they are a sign of a breacket forming
[10:56] Shai : 8187
[10:58] Varun : shai vwap breaking on trend days drive *salute*
[10:58] Varun : (10:29) Varun :shai if wvap goes, day low possible /(10:29) Varun :cos once u said such strong trend days should rspect vwap, else opp extreme
[10:58] Shai : trail NF to 8200
[10:58] Shai : tgt 8121
[10:58] Hemant : Shai sir, any buyers at 8110 Spot?
[10:58] Dharamveer : can you give target for bn
[10:59] Shai : 17643
[11:01] Ashish : WTF 🙂
[11:01] Shai : 8110 Book out
[11:01] Hemant : Sooner than it came 🙂
[11:01] Shai : (10:55) Shai :If 8200 breaks we have a big winner enough to cover the mrning setback(10:58) Shai :tgt 8121
[11:01] Vishnu : it’s only 11 AM. whoa
[11:03] Vivek K : didnt know shai has so much influence on the mkt
[11:03] Vivek K : whattatrade
[11:03] Dharamveer : Shai and Syndicate
[11:03] Ashish : buyers at lows Shai??
[11:03] Hemant : Shai, can short a sub 8000 put?
[11:04] r m : 🙂
[11:05] Shai : yes mall buyers could be covering orders
[11:05] Hemant : Great
[11:05] Shai : small*
[11:05] Ashish : ok
[11:05] Ashish : next level to short Shai?
[11:06] Shai : 8170/ 8184 watch orderflow now
[11:06] Shai : mkt in a dilemma
[11:06] Ashish : ok
[11:06] Ashish : volumes are getting huge here
[11:07] Varun : shai lets repair the poor high now 😉
[11:07] Ashish : 🙂
[11:07] r m : @Shai, that Hypo below 8080 is ripe to trade now?
[11:07] Shai : yes
[11:07] Dharamveer : how about 17700
[11:07] Dharamveer : at bn
[11:07] Shai : short us right again
[11:07] Varun : (10:15) Varun :@shai does the poor low at 8120 needs a repair fr a bigger rally
[11:07] r m : Thanks
[11:08] Shai : Varun this could drop below 8020
[11:08] Shai : short the rise now
[11:10] Hemant : emotional response by buyers??
[11:10] Vishnu : tsl shai?
[11:13] Shai : IBL best
[11:13] Shai : don’t get aggressive short here- trade small
[11:13] Shai : best to short a bounce
[11:16] Shai : if bounce comes to 8166 or 8184 good to short with sl over 8205
[11:16] Porus : shai, whats the new tgt for 8000pe?
[11:18] Shai : porus around 105 book
[11:19] Porus : asking for the next round, if nf goes to 8020.
[11:20] Shai : 142 if we cross over 106
[11:21] Porus : ok. tks.
[11:22] Shai : volumes have crossed 120L
[11:22] Shai : trade small guys – this is fast n big
[11:27] Shai : If we break below 8110 now then we are good for 8012 else back upto 8200
[11:28] Shai : BNF 17650 holding
[11:29] Shai : gets positive abv 17801 KRA
[11:29] Varun : shai again we banged into lvn, lvn working super
[11:30] Shai : In many ways if BNF crosses over 17800 today it means a bounce confirming for rest of day
[11:30] Shai : Varun 🙂
[11:30] Shai : Meant to work for us 🙂
[11:31] Shai : Don’t short NF now- let it play out
[11:34] Shai : profile heading into a DD nowand can swing in last hour again
[11:38] Varun : shai if one lvn crossed, will tht make the trip to next one possible
[11:38] Sudhakar : shai any trade on HUL
[11:39] Varun : guys chk lvn lvn+0 and lvn-0
[11:39] Varun : and where we corrected from
[11:39] Varun : both up n down
[11:40] Varun : *slow claps* for shai
[11:40] Vivek K : can the screen be zoomed out just for observation for a minute?
[11:41] r m : @Varun, 🙂
[11:41] Ashish : Thanks Shai for LVn levels
[11:42] Vivek K : thanks to shai I hate weekends because there is no stock market.Read more at http://www.brainyquote.com/search_results.html#cyskimFZXw12RqLQ.99
[11:45] Varun : lvn are those levels where u will like to go out in full force to trade, but extremes happen
[11:48] Shai : zoomed out
[11:48] Shai : Thanks Varun . My pleasure
[11:48] Shai : Pleasure mine Ashish
[11:49] Ashish : 😉
[11:50] Vishnu : rm, any idea of Lupin results time?
[11:50] Shai : Sushakar HLL imm obj is near at 823
[11:51] Porus : Shai, cold you pls update trading rules around LVNs on the blog? Will help us.
[11:51] Hemant : Shai, good time to get a few calls in?
[11:51] Shai : shorts would get riskier below 823 but no long interest r short covering visisble yet
[11:51] Shai : still watch 823 if it holds
[11:52] Sudhakar : thanks shai
[11:52] Shai : Sure Porus will update
[11:52] Porus : thanks.
[11:53] Shai : Heamnt with 8110 sl trade for 8166 and 8195- only abv 8200 longs in full control for 8242
[11:53] Shai : Hemant**
[11:54] Hemant : Got it 🙂
[11:59] Shai : am away from desk for some time- back soon
[12:05] r m : @Vishnu, no idea about Lupin timing
[12:09] r m : I am getting delayed chat msgs due to bandwidth issues
[12:09] Venkatesan : I feel some delay in realtime am i correct
[12:10] r m : in my case it is 5 minutes, guess BSNL is sleeping on my signals 🙂
[12:11] Venkatesan : yes rm my nf in my terminal is differes from the room
[12:18] Venkatesan : thank u rm
[12:19] Ashish : Markets are again boring wothout Shai:(
[12:22] Vishnu : Okay rm. 2pm apparently
[12:24] r m : guys, I am getting msgs delayed by more than 10 minutes, so my respons will be delayed too 🙁
[12:31] r m : @Ashish, normally
[12:31] r m : @Ashish, normally Shai takes a break only when he expect markets to do nothing 🙂
[12:32] Ashish : 🙂 RM
[12:41] r m : Europe is green
[12:41] Varun : ya switzerland is even greener 😉
[12:44] Varun : as we r talking abt a green , will love a green candle from 12.45
[12:44] Varun : will mean reds were being bought into
[12:46] Dharamveer : what is teh Bn SL
[12:49] Dharamveer : what is teh target and sl for @ 17769.70 at 12:35:10
[12:53] r m : 🙂
[12:59] r m : @Shai’s 17800 level approaching
[12:59] Dharamveer : already buy given in twitter
[12:59] Dharamveer : Buy BANKNIFTY @ 17769.70 at 12:35:10
[13:02] Ashish : Long triggered in banknifty
[13:02] Ashish : above KRA
[13:02] Dharamveer : where to exit
[13:03] Ashish : Time for Shai to come
[13:06] Ashish : above VWAP now, getting strength
[13:09] Varun : (12:44) Varun :as we r talking abt a green , will love a green candle from 12.45
[13:09] Varun : came at 12.55 ,
[13:10] Ashish : 😉 it’s acceptable varun
[13:20] Dharamveer : guys anyone target for BN
[13:21] Venkatesan : huge time delay
[13:21] Vishnu : keep trailing dharmaveer
[13:23] r m : 18009 was the ref level in hypo1 that seems a good first target
[13:28] Ashish : Looks like LVN + 0 will be the first target levels this week
[13:28] Ashish : 8343
[13:29] Varun : once a lvn hit, its easy to pierce it the next time
[13:29] Varun : i ope @shai confirms my pov
[13:29] Varun : hope
[13:31] Ashish : BN day’s high
[13:32] Ashish : Yes varun, waiting for Shai
[13:33] Shai : back..
[13:33] Dharamveer : bn can we hold or book
[13:34] Shai : boolk if from 17800
[13:38] r m : I guess, it won’t remain a LVN once good volume traded there
[13:39] Ashish : Shai, what levels to re-enter longs in NF and BNF?
[13:40] Shai : safe longs abv day hghs only – then neutral extreme pic on close
[13:40] Shai : now 8201 support again
[13:40] Varun : 1-3-1 shai if we do a r/e on upside
[13:40] Shai : has been a volatile day but played out by rules
[13:41] Ashish : Ok Shai
[13:43] Shai : BNF alreay a neutral day
[13:44] Shai : with a sl at 17940 trade long can be taken abv 18078 for 18250 F
[13:45] Hemant : Shai any buy trades for options left?
[13:45] Shai : can’t trade today with a 40 point stop hence a deeper one
[13:45] Hemant : exited the call
[13:45] Shai : can also take a 18500 or 19000 ce to cut down risk
[13:45] Shai : No Hemant long abv 8277 only now
[13:46] Ashish : Thanks Shai
[13:47] Hemant : Ok Shai, i’m short on an OTM put for now
[13:56] r m : @Shai, what is the view for longs in JUBLFOOD?
[13:59] Shai : BNF log trigger
[14:00] Hemant : 🙂
[14:00] Varun : shai lvn still a resistance ?
[14:00] Varun : having tested it once ?
[14:01] Shai : Yes Varun might play one more time
[14:01] Varun : no shai, lets clear it opening gap tmrw
[14:01] Shai : JUBL looks headed for 1544
[14:01] Varun : 1-3-1 closing today with a spike
[14:02] Varun : and open abv spike fr a new trend
[14:02] Shai : a close abv 1540 is good into next week
[14:03] Shai : BNF headed to a neutral extreme close
[14:03] Shai : NF ref line abv 8277
[14:03] r m : Thanks Shai
[14:07] RK : Shai after such a shakeout expecting a trend move after today’s close or we are still on sell rise mode?
[14:08] Shai : RK stl supply at 8355
[14:08] RK : fine
[14:09] Shai : won’t be surprised if that fall was engineered by PRO’s to ccut shorts and we see a plus fig for pro today
[14:09] RK : plus on short side?
[14:10] Shai : NO short covering I meant
[14:10] RK : oh ok
[14:15] Shai : There were roughly 30000 new short contracts which came a these prices around 10.45
[14:15] RK : ok
[14:16] Shai : Keep NF positional bUy abv 8277 F…don’t take it here
[14:24] Shai : BNF setting the tone
[14:24] Shai : yesterday FIIs bought in BNF
[14:24] r m : last time props foreran FIIs, this time looks like FII ditched them 🙂
[14:25] Varun : shai whts the ref with the postion of contracts u mentioned
[14:25] Varun : tht we could hve massive short covering ?
[14:25] Shai : There is evidence of short covering at lows Varun
[14:25] Varun : k
[14:26] Varun : and if we go above today’s high, they mite run for cover ?
[14:26] Shai : yes
[14:26] Varun : cool
[14:26] Dharamveer : shai any call if nifty crosses 8277
[14:27] Shai : This is yesterday- http://vtrender.com/wp-content/uploads/2015/05/NF_tick6.png
[14:27] Shai : Dharamveer buy with 8240 sl for 8329/ 8356
[14:28] Shai : can also carry if not done at close and sl stays
[14:28] Shai : BNF also a carry lng abv 18050 F close
[14:32] Shai : BNF has closed the selling prints of yesterday
[14:42] Ashish : @Rm, Lupin has been raped, are the results out?
[14:44] r m : looks like that, Shai’s support was 1450, below that it fell with express speed 🙂
[14:44] r m : 1750
[14:45] Navaneeth : 1378 vs 1467 Revenue
[14:45] Ashish : yes..
[14:45] Navaneeth : EBITDA @ 765
[14:45] Ashish : ok
[14:45] Navaneeth : 547 cr vs 553 YOY profit
[14:45] Ashish : Looks like selling has been stopped for a while in Lupin..
[14:55] Dharamveer : are these fresh shorts or profit booking
[14:57] r m : vwap intact, so looks like profit booking
[14:57] Varun : add to it sellers at lows 44000,20000,13000
[14:58] Varun : in last candle
[14:58] r m : ok
[14:58] Shai : Exit te Intra day BNF Long calls
[15:03] r m : @Shai, JUBLFOOD has reached 1554, above your ref 1544, what is the next level?
[15:04] Shai : BNF poor exit 🙁
[15:05] Shai : RM 1601
[15:05] r m : oo la la, Thanks 🙂
[15:09] Shai : Buy NF at 8255 sl of 8210 for 8290/8330 Tom . BTST.
[15:10] Shai : 8400 ce at 76 now should tgt 101
[15:10] Shai : sl below 64
[15:13] Ashish : Shai, 18250 is tomorrow’s target in banknifty
[15:14] Shai : yes can come
[15:14] Shai : 18195 / 18250
[15:14] Ashish : ok
[15:14] Ashish : thanks
[15:15] Shai : topsy turvey day But I think at the close the bulls are having the upper hand in both NF and BNF
[15:25] Shai : good close by bulls’
[15:26] Vishnu : volumes are not thin either
[15:26] Venkatesan : hi shai OI 4.4%down in BNF
[15:26] Shai : about a 100 point upside in NF should open at this close
[15:26] Shai : largest ce strike of 8300 ce reducing also
[15:27] Varun : 8416 npoc
[15:27] Shai : Yes Venkatesan BNF more bullish than NF here
[15:27] Shai : Carrying some 19000 ce
[15:30] r m : Thanks and bye folks, have a great day 🙂
[15:30] Shai : Bye all
[15:30] Shai : Have a nice evening
[15:30] Ashish : Thanks Shai and all
[15:30] RK : thanks and bye all
[15:31] Vishnu : Have a nice evening all. Thanks.
[15:31] Pawandeep : Good bye all
[15:31] Porus : bye all
[15:31] Venkatesan : thank u shai , rm and friends
[15:31] Vivek K : index up pizza up alcohol also up. whattaday. bye all
[15:33] Venkatesan : thank u shai and rm
[15:42] Sudhakar : bye all