OrderFlow charts and Notes 14/07/15

[08:48]   r m : Good Morning folks!
[08:48]   Porus : Hi RM
[08:48]   r m : Hi Porus
[08:48]   r m : http://vtrender.com/levels-and-plan-for-14th-july-2/
[08:49]   r m : http://vtrender.com/orderflow-charts-and-notes-130715/
[08:49]   r m : http://vtrender.com/option-values-dt-130715/
[08:49]   r m : Nifty JUL Future levels | Key reference area 8434 | Hypo1 above 8495➜8526➜8572 SL 8452 | Hypo2 below 8434➜8394➜8330 SL 8475
[08:49]   r m : Banknifty JUL Future levels | KRA 18865 | Hypo1 above 19020➜19080➜19190 SL 18940 | Hypo2 below 18860➜18825➜18760 SL 18975
[08:53]   Vikkas C : GM all
[08:57]   Shailesh : GM all
[08:57]   Sharad : GM all
[08:58]   Naveen : happy Morning All…
[08:59]   Sankar : GM Shai, RM and all 🙂
[09:00]   Shai : GM all
[09:00]   Moses : GM All
[09:01]   Manoj : GM all
[09:01]   Manoj : GM rm
[09:01]   Tejpreet : GM all.
[09:03]   Imran : GM all
[09:03]   Srini A : GM All
[09:03]   Rahul G : gm all
[09:04]   r m : Hi Sankar, Manoj
[09:05]   r m : Results today – DCB, NIIT Tech
[09:06]   John : GM all:)
[09:07]   r m : Data – WPI at 12:00
[09:08]   Ashish : GM all
[09:08]   Soumya : Good Morning All
[09:09]   Sudhakar : GM Shai,RM all frnds
[09:10]   Venkatesan : gm shai,rm ,kris and frens
[09:10]   r m : Hi Sudhakar, Venkatesan
[09:10]   Sandeep : gm all
[09:10]   Kris : GM All 🙂
[09:11]   r m : Hi Kris 🙂
[09:11]   Manoj : hi kris
[09:11]   Vikkas C : HI kris GM
[09:11]   Kris : Hi Rm, Manoj, Vikkas!
[09:12]   Sankar : GM Kris 🙂
[09:12]   Kris : Hi Sankar
[09:13]   Kathir : GM Shai RM Kris all friends
[09:13]   Sumit : GM everyone
[09:14]   Kris : Hi Kathir
[09:18]   Kris : Bought 8300PE at 45. Will buy more at 34 if it comes.
[09:19]   Shai : auction searching for buyers
[09:19]   Shai : 8455 and 8435 are 2 supports
[09:19]   Shai : very weak if 8435 breaks today
[09:20]   Shai : one buyer showed up 8460
[09:21]   Shai : For the BTST trades put sl at 8433 on day.
[09:22]   Shai : evidence of buyers coming at the 8455 supp
[09:23]   Shai : 8480 and 8470 are the 2 early morning sellers
[09:25]   Sankar : Again within hypos.
[09:26]   Venkatesan : shai sterday there was no tail at both top and bottom, was that poorhigh as well low
[09:26]   Sankar : sterday there was a big move.. today could be a silent day?
[09:28]   Kathir : @KRIS what is your initial trgt for 8300 PE?
[09:28]   Shai : Sankar hypos are high probability setups and 90% of the time are for directional conviction
[09:29]   Shai : we will pick up the inbetween points through orderflow
[09:29]   Sankar : ok.
[09:29]   Shai : Venkatesan a DD means auction is not complete and ongoing
[09:30]   Venkatesan : thank you shai
[09:30]   Sankar : Tx 🙂
[09:30]   Kiran : Shai . if we are in the hypo. do we keep the SL orders ?
[09:30]   Shai : yes
[09:30]   Shai : to be followed mechnically
[09:30]   Kiran : ok
[09:31]   Manoj : shai i am on zero position pls tell whn to enter
[09:31]   Shai : for 2 days we amrked kra at 8325 , yesterday kra was 8404, today at 8434
[09:31]   Kris : @Kathir – at 10 points I will book first 25% – another 50% on 40-80 rule – and – final 25% around 100 – for the options entered in 40-50 zone.
[09:32]   Kathir : @kris thanks
[09:32]   RK : GM Shai,RM and all
[09:32]   Shai : they are all high probability setups to be traded with the sl given and held till 3.15 for either sl or tgt
[09:32]   r m : Hi RK
[09:33]   Shai : Just like yesterday at the lows someone making an attempt to buy again
[09:36]   Ashish : Shai, same orders also worth 60000
[09:36]   r m : (*** Private to Manoj ) your maruti query answered by Shai
[09:37]   Venkatesan : shai was there any anomaly sterday?
[09:37]   Kris : Kept a part book order at 54.5.
[09:37]   Shai : Sell BNF 18930 sl of 18985 tgt 18870
[09:38]   Manoj : thanks rm
[09:39]   Manoj : shai as we have a positional btst sl @ 8433 can i buy here few nf with same sl ???
[09:40]   Kathir : @RM MO ?
[09:40]   Sankar : @Kris, tgt1 🙂
[09:40]   Kris : Bought 8600CE at 41.5
[09:41]   Shai : safer buy abv vwap in NF
[09:41]   Manoj : ok
[09:41]   Manoj : kris ur tgt on ce???
[09:41]   Manoj : i bot @ 43.65
[09:41]   Venkatesan : kris i bot at 41.27
[09:42]   Venkatesan : kris what is the best st l for this call?
[09:42]   Venkatesan : 8600 call day low?
[09:42]   Kathir : 41
[09:43]   Venkatesan : kathir you r xpert, that is day low
[09:44]   r m : @Kathir, MO was at 52 at EOD
[09:44]   Kathir : rm thanks
[09:44]   Kathir : @venk 🙂 sorry i dodnt read your previous msg
[09:45]   Kris : @Venkatesan – you can follow Shai advice – 8433 for Future.
[09:45]   Kris : if it sustains below – can exit CE.
[09:45]   Kris : but – wait for 5 minutes – to see if it sustains.
[09:46]   Venkatesan : thank you kris, yes and i will do
[09:46]   Kris : hmm.. Shai – that was a good 10 point down move caught on PE – no? 🙂
[09:46]   Venkatesan : kathir u r xcused
[09:47]   Kathir : thanks 🙂
[09:47]   Venkatesan : :))) @ kathir
[09:48]   Venkatesan : ‘shai the seller on 7th july neav vah of 6th july stilll sitting on profit?
[09:49]   Kris : leave alone Shai – even room members also did not feel it is a good trade 🙁
[09:49]   Sankar : (09:40) Sankar :@Kris, tgt1 🙂
[09:49]   Venkatesan : no kris it s truly good trade
[09:49]   Augustin : @Kris – That was an awesome trade
[09:50]   Sankar : Krish, I cudn’t buy at 45 like u, but made 5 points there with tgt1.
[09:50]   Augustin : Been amazed with the quick 10 pts you capture in Options
[09:50]   r m : @Kris, great trade man, I was caugh up in counting profits hence delayed response 🙂
[09:50]   Kris : All 🙂
[09:50]   Augustin : ha ha @RM
[09:50]   Kathir : @kris I bought 8400 pe @ 78 and sold 87..thanks
[09:50]   Kris : Well – friends – I buy 800/1000 when I make a buy like this.
[09:51]   Shai : Nice – (09:46) Kris :hmm.. Shai – that was a good 10 point down move caught on PE – no? 🙂
[09:51]   Venkatesan : “))) rm
[09:51]   r m : @Augustin, count those 10 points in term of % then you wil realize the potential
[09:51]   Kathir : @RM 🙂
[09:51]   Shai : really gave a good 10 pointer quick
[09:51]   Kris : So, 10 point move is 10K in kitty – before 30 minutes into the day
[09:51]   r m : and option liquidity is huge in nifty, there is hardly an slippage in market orders
[09:51]   Sandeep : great kris
[09:51]   Shai : SEBI has ensured that from Nov option trading will pick up all over India 🙂
[09:52]   r m : lol
[09:52]   Shai : more power to Kris 🙂
[09:52]   Kris : I find it very useful – and – comforting to have money in the account! 🙂
[09:52]   r m : NF lot size will be 60 or more 🙂
[09:52]   r m : even BNF will go above 30
[09:52]   Venkatesan : kris you trade on behalf of greece to pay their debt
[09:52]   Shai : yes
[09:52]   Shai : should be 30/ 60
[09:53]   Kathir : @RM kris plays like MCcullum..no wasting time 🙂
[09:53]   Shai : they want to ensure that institutions keep running the index and not retail
[09:53]   r m : @Kathir )
[09:53]   r m : 🙂
[09:53]   Shai : last 1 year we have seen retail getting stronger in index
[09:54]   Shai : More Buyers now in NF
[09:54]   r m : not much justification for SEBI’s new rules, wonder what is the theory behind it
[09:54]   Shai : Cut down BNF shorts at cmp 19960
[09:54]   Kathir : @shai for new longs in NF where should we enter comfortably now?
[09:55]   Shai : Buy NF abv 8460 sl of 8435 tgt 8489
[09:55]   Shai : buy abv**
[09:55]   Kris : Thanks Shai – BTW, 19960 is some time away in BN 🙂
[09:55]   Shai : 18960**
[09:55]   Shai : yes Kris 🙂
[09:55]   Venkatesan : :)))lol @ kris
[09:56]   Kris : will today be an exact replica of yesterday?
[09:57]   Kris : opened – gave a down move of around 20 points struggled there for an hour or more – and rallied hard for 100 points!
[09:59]   Shai : yes
[09:59]   Venkatesan : shai the initial vol vey poor?
[10:00]   Kathir : @venk even yest volumes very low till 12
[10:01]   Venkatesan : thank you kathir
[10:02]   Shai : yes
[10:02]   Venkatesan : than kyou shai
[10:02]   Shai : cross of vwap should force morning sellers out
[10:03]   Shai : exited BNF cos it showed 2 way movement at vwap
[10:03]   Shai : most probably BNF will stay vwap all day
[10:04]   Kris : @Shai – a very quiet day around vwap for both NF and BN – will it help bears or bulls MP wise?
[10:06]   Shai : bulls if we close abv 8455 F
[10:09]   Kris : Thanks Shai.
[10:11]   Imran : NF bought
[10:17]   Shai : yes greens are there
[10:23]   Augustin : @Shai – Can hold the Longs for 8560?
[10:23]   Shai : 8535 and 8630
[10:23]   Augustin : OK. Tks
[10:23]   Shai : positionals
[10:24]   Vikkas C : and is 8433 poisitional SL shai ?
[10:24]   Shai : yes
[10:24]   Vikkas C : thanx
[10:24]   Shai : be back ina few mins..
[10:24]   Shai : intra dayers keep exit part near 8485- 89
[10:25]   Abhishek : hi all gm
[10:37]   Kiran : Kris. Curious to know what was the trigger /entry point in the PE ? basically rational for the trade ? I think it was high conviction trade .
[10:50]   Vikkas C : todays seems like a yo yo day ..
[10:52]   Kathir : what was june nf high?
[10:56]   r m : 8484 on 1st JUN
[10:56]   Shai : Kiran Kris reads the bid- ask off the Option pricing for his trades
[10:57]   Kathir : @RM ok thanks
[10:57]   Sankar : Something like this footprints or?
[10:57]   Sankar : or the normal bid-ask?
[11:03]   Abhishek : shai can i enter intraday here
[11:04]   Abhishek : i was late
[11:04]   Vikkas C : 5 mins delta making big towers
[11:06]   Shai : yes – enter when you see greens at the bottom of the bar
[11:06]   Abhishek : its at the LVN also
[11:07]   Shai : failed auction in BNF at the top
[11:08]   Sankar : some data coming at 12 today right?
[11:08]   Vikkas C : yes
[11:08]   Vikkas C : wpi inflation
[11:10]   Shai : sellers getting aggressive
[11:10]   Abhishek : y
[11:10]   Shai : BNF FA confirms
[11:11]   Ashish : Shai, what’s the support in BNF?
[11:11]   Shai : 18860
[11:11]   Ashish : thanks
[11:11]   RK : huge seller in BNG
[11:11]   RK : BNF
[11:11]   Ashish : greens @ bottom in BNF
[11:11]   Shai : has to come back in IB for them to be safe
[11:12]   Ashish : OK shai
[11:13]   Kris : Bought BN at 18880 with 30 point SL.
[11:13]   Kris : An experiment! 🙂
[11:13]   Shai : looks like a good buy
[11:15]   Shai : NF morning buyers not there yet
[11:15]   Ashish : VWAP band + buyers in BNF was my trigger for longs in BNF
[11:15]   Shai : see this 2925 green we want to see
[11:15]   Shai : 6000 now in NF
[11:15]   Abhishek : bought 8452
[11:16]   Shai : the seller countered that
[11:16]   Shai : see if they come back again
[11:16]   RK : BNF 10926 seller at Yvwap..
[11:16]   RK : may be stops
[11:16]   Shai : have to see the effort to lift offers
[11:18]   Shai : we don’t want to see that yvwap break after a trend day
[11:18]   Shai : that will flush out yesterday longs
[11:18]   RK : Yes..
[11:18]   Shailesh : saved as of now
[11:18]   Shai : (11:11) Shai :has to come back in IB for them to be safe
[11:19]   RK : was looking in NF 8484 also yday poc was not able to scaled..
[11:19]   Shai : BNf safer
[11:19]   Shai : buyers coming
[11:19]   Ashish : BNF got buyers @ YVWAP
[11:20]   Shai : congrats most of you are getting good at reading the points now
[11:21]   Ashish : all because of you captain 🙂
[11:21]   Shai : conf abv IBL will take it to vwap and IBH
[11:22]   Shai : Buy BNF abv 18904 sl of 18860 tgt 18940/ 18970
[11:26]   Shai : buyers struggling now
[11:30]   Shailesh : Still no sign of buyers..
[11:31]   Sankar : NF is not showing greens also in the footprint numbers 😉
[11:31]   Sankar : it comes and goes.
[11:32]   Shai : when it goes it means they are overpowered
[11:34]   Sankar : ok
[11:42]   Kris : Now that IB low test is done in NF – keeping 37 SL for 8600CE.
[11:42]   Shai : finally we have some greens at the bottom in NF
[11:42]   Sankar : finally some buyers 🙂
[11:43]   Sankar : Cool yeah.
[11:43]   Shai : once more vwap cross will clear out some sellers
[11:43]   Shai : BNF has to cross 18870 again
[11:45]   Vikkas C : 8433 SL stands right ?
[11:45]   Shai : yes
[11:45]   Vikkas C : ok
[11:45]   Ashish : Shai, could you please put important reference points like DPOC, DVAH, etc. in Banknifty 15 minute chart also.. whenever you get time.
[11:46]   Shai : I think they are all up
[11:46]   Shai : but they are all on chart
[11:46]   Ashish : can’t see in BNF
[11:46]   Shai : will check- were there
[11:47]   Ashish : ok thanks
[11:47]   Vikkas C : iran nuclear deal done
[11:48]   Tejpreet : China done greece done , iran done …what else the bulls need now 🙂
[11:48]   Srini A : Thats good news
[11:50]   Porus : But, the big boys sere aware of all this…!
[11:50]   Porus : *were
[11:50]   Shai : Can buy BNF abv 18871 also tgt 18920 sl of 18825
[11:50]   Ashish : Thanks Shai
[11:53]   Shai : 18825 sl in system just below 2IB- don’t want to see BNF go down below that again
[11:53]   Shai : upside abv vwap is day highs again and will put that initial FA to test today tself
[11:54]   Ashish : thanks 🙂
[11:56]   Abhishek : shai @ 8485 + any exit or can hold
[12:00]   Kris : @Shai – early entry – but persisted with add more at 18820!
[12:00]   Kris : exited that 18820 add now at 18890.
[12:00]   Kris : So same trade as early – hope it works now 🙂
[12:02]   Tejpreet : wpi inflation at .5%
[12:02]   Tejpreet : up from -2.36%
[12:02]   Srini A : -2.4%
[12:02]   Suyash : it is -2.4%
[12:02]   Vikkas C : its confusing
[12:03]   Vikkas C : investing.com shows something else and cnbc something else
[12:03]   Vikkas C : now they changed on investing.com
[12:03]   Tejpreet : Yes
[12:04]   Vikkas C : so the rate cut rumor starts again which died out last nyt
[12:04]   r m : even food inflation is 1% lower
[12:04]   Vikkas C : wah re wah folks on cncb are cartoons
[12:05]   Naveen : Then what u have to say for ARNAB…
[12:05]   Shailesh : tht is cartoon network as mentioned by Varun
[12:05]   Srini A : Exactly my thoughts @ Vikkas
[12:05]   Naveen : OLD PART OF CNBC…
[12:05]   Srini A : Latha will go nuts if market goes up
[12:06]   Vikkas C : lol
[12:07]   Vikkas C : latha shud join vtrender :p
[12:07]   Vikkas C : to trade the BNF better 😉
[12:07]   Srini A : hahaha
[12:07]   r m : Latha will speak so much that Shai will dedicate another chatbox to her 🙂
[12:08]   Ashish : hahahaha
[12:08]   Vikkas C : hahahahahhahahahha
[12:08]   Tejpreet : lol
[12:08]   Kathir : LOL
[12:08]   Srini A : ROTFL
[12:08]   Manoj : lol rm
[12:08]   Shailesh : RM 🙂
[12:08]   Sudhakar : lol rm
[12:08]   Shailesh : rather she wud be barred to even input in chat box
[12:12]   Vikkas C : normal variation close @vwap shai ?
[12:21]   Vikkas C : latha ke naam se sab bhaag gaye
[12:21]   Vikkas C : nahi layenge usko bas ..
[12:25]   r m : lol
[12:25]   r m : ek teacher numa insaan to hona chahiye na
[12:25]   RK : thanks for timer in FP chart Shai
[12:26]   Vikkas C : masterji ha naa
[12:26]   r m : lol
[12:35]   Shai : Welcome RK 🙂
[12:44]   Abhishek : got out in nF @ 8462
[12:45]   Shai : BNF not staying abv vwap
[12:46]   Shai : NF is a normal day
[12:46]   Shai : BNF a neutral day
[12:46]   Shai : can close at vwap or one extreme still- BNF
[12:46]   Kathir : extreme up or down shai?
[12:46]   Shai : http://vtrender.com/glossary/neutral-day/
[12:47]   Shai : abv vwap it will be up or else down
[12:47]   Kathir : ok
[13:04]   Shai : be back in 15 mins
[13:24]   Vikkas C : offtopic: CSK suspended for 2 yrs from IPL
[13:24]   Vikkas C : damnnn
[13:24]   Vikkas C : they had good payers
[13:24]   Vikkas C : players
[13:25]   Sankar : oops.. 🙁
[13:26]   Kathir : what for?
[13:27]   Sid : can buy India cements.. 😉
[13:29]   Vikkas C : even rajasthan royals suspended for 2 yrs
[13:29]   Kathir : it will be if they suspend IPL for two years
[13:29]   Vikkas C : haha
[13:33]   Shai : Part book NF at 8485 here- move sl to cost on balance
[13:34]   Sankar : nice trade 🙂
[13:35]   Ashish : dhooooooooommmmmmmmmmmmm
[13:35]   Shai : FA at 8440 in NF
[13:36]   Shai : anyone still in that 18825 sl BNF trade ?
[13:36]   Ashish : yesss
[13:36]   Porus : yes
[13:36]   Srini A : Great 🙂
[13:37]   Manoj : no i m in nifty trade
[13:37]   Shai : can do 18960
[13:37]   Kathir : s shai
[13:37]   Porus : ok
[13:37]   Ashish : ok shai
[13:38]   Shai : and 19010 above that idea is to met that 19010 seller once
[13:38]   Shai : meet*
[13:38]   Ashish : ok..
[13:51]   Shai : sellers in NF at top
[13:51]   Shai : intra dayers in NF can exit full position
[13:52]   Sankar : Tx. And still the positional SL for NF is below 8400?
[13:52]   Manoj : its 8433 i guess
[13:55]   Shai : 8433
[13:55]   Sankar : Thanks.
[13:55]   Manoj : yes cozz i m long
[13:56]   Venkatesan : SHAI how to calculate positional stop?
[13:56]   Manoj : petrol looks like will fall by 1-1.5₹ this fortnight
[13:56]   Venkatesan : for intraday poc,val vah are there and for positional?
[13:58]   Venkatesan : manoj sources?
[13:58]   Sankar : I was looking at prime levels and hence thought 8400 below. Looks like I missed some messages/tweets.
[13:58]   Sandeep : ello kris
[13:58]   Sandeep : hello
[13:58]   Sandeep : r u there
[13:58]   Sandeep : holding that 8600 ce bought today morning
[13:58]   Sandeep : any targets
[13:59]   Sankar : Kris once mentioned he book part at 10 points.. then near 70-80..
[13:59]   Sandeep : okay
[14:00]   Manoj : @venk crude fallen somuch in this few days & yet no sharp rebound
[14:01]   Shai : Venkatesan I look at the weekly chart
[14:01]   Shai : This SL is based on the weekly plan and added small filter for intra day voltility
[14:01]   Manoj : shaishaab do u feel 8600 CE can do 55 today
[14:02]   Venkatesan : thank you shai
[14:02]   Kathir : @shai bnf SL stil same 18925
[14:02]   Shai : arre what is this saab and all? talk like a friend 🙂
[14:02]   Shai : yes 60.5 res on that 8600 ce
[14:02]   Manoj : habbit
[14:02]   Manoj : sorry
[14:02]   Shai : BNF
[14:02]   Manoj : thanks
[14:03]   Shai : Shai is enough
[14:03]   Manoj : ok
[14:03]   Manoj : sure will remember
[14:03]   Shai : vols are not coming in NF- at vwap band
[14:03]   Dhrumil : How abt BNF ?
[14:03]   Shai : don’t look for that hypo buy
[14:03]   Shai : BNF better
[14:04]   Kathir : @shai trail Sl for bnf or same SL
[14:04]   Shai : hint of sellling coming in NF at 8490 plus but could be profit booking
[14:05]   Shai : trail 18855 just below yvwap
[14:05]   Kathir : ok thanks
[14:05]   Manoj : can buy bnf fresh i exited nf just now???
[14:05]   Vikkas C : shai to hedge longs what strike put can be bought ?
[14:09]   Naveen : can we expect 8530 nf today?
[14:09]   Manoj : (14:05) Manoj :can buy bnf fresh i exited nf just now???
[14:10]   Shai : BNF can buy sl below 18880 tgt 18955/ 19010 (outside)
[14:11]   Shai : Naveen looks diff to get 8530 as vol not enough here
[14:12]   Porus : Shai, 8600ce outlook for the week remains unchanged – supply at 62, T at 87?
[14:12]   Shai : yes for now
[14:17]   Venkatesan : shai weekly val 8320, vah 8440 and vwap of this developing series is 8400, you said so how this stop loss 8433 comes please ?
[14:20]   Kathir : @SHAI still there is chance for bnf doing 18960 today?
[14:23]   r m : @Venkatesan, could be a filter at VAH, just my thought 🙂
[14:23]   Sumit K : What is MO – r m ?
[14:24]   r m : it was 56 some time back
[14:24]   Venkatesan : rm vah-filter?
[14:25]   Ashish : is this OTF shai
[14:25]   Venkatesan : thank you rm
[14:26]   Abhishek : @8460
[14:26]   r m : @Venkatesan, welcome, let Shai confirm
[14:27]   Venkatesan : i like your language rm
[14:27]   Kris : advantages of guessing a normal day early!
[14:27]   Manoj : bnf took all intraday profit of nifty 🙁
[14:27]   Kris : 3rd 10 pointer done – with – 8300PE from 38 to 48! 🙂
[14:27]   Venkatesan : kris good job buyin 8300 , suddenly shoots up
[14:28]   Venkatesan : PE
[14:28]   Ashish : wow kris… congrats
[14:28]   r m : Great trading Kris, congrats!
[14:29]   Soumya : awesome kris
[14:31]   Ashish : bought 8600 CE, buyers are coming
[14:34]   Sankar : Damn it..missed the third one.. I am holding to the CE still.. booked only half.. rest carrying with 8433 as SL. hope it won’t kill me tmrw 🙂
[14:34]   Sankar : Nice 10 pointers Kris !!
[14:35]   Ashish : Kris, that order (8300 PE) was suggested in the morning, right
[14:36]   Kris : @Ashish – 3rd one I did not type here – we did a PE round in the morning – and CE round later.
[14:37]   Kris : Idea is to buy 8300PE – I suggested 34 here – but I went in early at 38.
[14:37]   Ashish : ok Kris.. cool
[14:37]   Manoj : any fresh trade in nifty ????
[14:37]   Sandeep : kris buying 8600 call again
[14:37]   Sandeep : and if yes then at what price
[14:39]   Kris : no Sandeep.
[14:40]   Shailesh : Shai any speculative call or put for BTST?
[14:41]   Sandeep : okay kris
[14:42]   Shailesh : 14:40 Shailesh : Shai any speculative call or put for BTST? or Kris?
[14:42]   Kris : I will carry 8300PE.
[14:42]   Shailesh : Ok kris thanks.
[14:43]   Kathir : 8300 pe ?
[14:43]   Kathir : ok done
[14:43]   Ashish : thanks Kris
[14:44]   Abhishek : todays profile looks like B
[14:44]   Kathir : @kris do you expect a big move tomorrow?
[14:45]   Kris : @Kathir – if it is downmove I want it big – rally – I want it small! 🙂
[14:46]   r m : 🙂
[14:46]   Kathir : 🙂
[14:46]   Venkatesan : :))) @ kris
[14:47]   Kathir : last wed was 150 points down 🙂
[14:48]   Kris : Greece down move might start from tomorrow – if works – we are staring at 8180 by Friday! 🙂
[14:49]   Manoj : awesome
[14:49]   Kathir : wow
[14:49]   Kris : I know Shai does not like such wild lotteries! 🙂
[14:49]   Ashish : 🙂
[14:49]   Venkatesan : lotteries for put buyers nah?
[14:50]   Kris : but – he gave me freedom to occasionally air my outlandish views 🙂
[14:50]   r m : I was wondering when this “outlandish” will come – quite a long wait 😀
[14:50]   Ashish : kris, it shoule be regular not occasionaly 😉
[14:51]   Kris : @Rm – I was holding shorts – hence you had a long wait 🙂
[14:51]   Sankar : lol.
[14:51]   r m : lol
[14:51]   Shailesh : lol
[14:52]   Kathir : lol
[14:52]   Abhishek : kris nifty shorts positional can be take here
[14:52]   Kris : @Abhishek – Shai is best person to answer positional trades – I am more of an option player.
[14:53]   Shai : Venkatesan 8455 from last week less 20 points filter- (14:17) Venkatesan :shai weekly val 8320, vah 8440 and vwap of this developing series is 8400, you said so how this stop loss 8433 comes please ?
[14:53]   Kris : And – generally without any views – I pick up peanuts here and there – with out any view on the outcome.
[14:53]   Shai : Kris expecting bad things from greece?
[14:54]   Venkatesan : thank you shai
[14:54]   Tejpreet : Yep rumours are on bloomberg tsipras may resign …as lot of opposition in parliament.
[14:54]   Kris : yes Shai – now the fall should be fierce – dont know if it starts tomorrow- or by Monday
[14:55]   Kris : Again – dont term me insider -it is just Chess At Trade at play – nothing more!
[14:57]   Shai : 🙂
[14:57]   Shai : Yes that opposition will be huge and can’t rule out a rejection in parliament tom
[14:58]   Shai : would be good to g with the PE as protective cover which Kris is suggesting
[14:59]   Shai : NF will become a cla short below 8435 tom if it breaks for 8390/ even 8330
[14:59]   Shai : clean*
[14:59]   RK : he almost pledged everything to get the agreement done..so fair enough opposition at parliment..
[14:59]   RK : and any spike again tomorrow will take us above MO 60+
[14:59]   Shai : or played smart
[14:59]   RK : he has been doing that Shai 🙂
[15:00]   Shai : the thing is he does not have the kind of assets he has pledged
[15:00]   Kris : yes RK – MO is in alarming range.
[15:00]   RK : who thought that he would go for referrendum which made him to got what he wanted 🙂
[15:00]   Shai : so he is the one actually taking Merkel and co for a ride
[15:01]   r m : Merkel is just protecting German Banks, I don’t think she gives a damn for Greece 🙂
[15:01]   Shailesh : true RM
[15:01]   Kris : and – I somehow think this S&P is getting ready to show us sub-2K soon! 🙂
[15:01]   RK : absolutely he is the one who is taking a ride..afterall he has nothing to lose 🙂
[15:02]   Kris : 10%+ is what I intend to say!
[15:02]   RK : when you have nothing to lose your mind works like devil and get what it requires..no fear factor 🙂
[15:02]   r m : @Kris, sub -2K on NF or Sensex? 😀
[15:02]   Kris : True RK 🙂
[15:02]   RK : 🙂
[15:03]   Kris : @Rm – I am referring to US markets 🙂
[15:03]   r m : yes Kris, just joking 🙂
[15:03]   Kathir : 🙂
[15:03]   Kris : US as in United States – not as us Indians 🙂
[15:03]   Venkatesan : :)))) @rm
[15:03]   Shailesh : kris lol
[15:03]   Manoj : lol kris
[15:03]   Ashish : 🙂
[15:04]   Kris : @RM – 7200-7700 can be buy of a life time for Indian markets!
[15:04]   Shailesh : RM stays in UK so one can undstand 🙂
[15:04]   r m : @RK, Greek PM is dancing on burning coals, he can’t afford to stand still 🙂
[15:04]   Kris : We may witness 10-12K in 3-4 years!
[15:04]   RK : RM 🙂
[15:04]   Kris : Friends – get ready – Shai will throw me out of the room any moment!
[15:05]   r m : lol
[15:05]   Kathir : get ready to catch you kris 🙂
[15:05]   Venkatesan : “;)))) yes we r here to catch
[15:05]   r m : jump towards TN 🙂
[15:05]   Kris : I guess he will bear with me for any rubbish – as long as it is options – and 1-2 days – when I speak long term :):)
[15:05]   Venkatesan : yes rm kris is just above tn
[15:06]   Kathir : @RM if there is any injury we can admit kris in RK’s hospital :
[15:06]   r m : lol
[15:06]   Shai : lol Kris
[15:07]   Ashish : LOL kathir
[15:07]   Kris : @Rk – you are doctor from Chennai?
[15:07]   RK : Kris they are trolling me 🙂
[15:07]   Venkatesan : ho god rk u r a doc?
[15:07]   Kathir : @kris bhai – he is stock doctor
[15:07]   r m : @Kris, no, he holds stocks in positional trades 🙂
[15:07]   Shailesh : RK dont lie
[15:07]   Shailesh : 🙂
[15:07]   RK : as I used to carry many stocks with lot of self injuries aka whips..they troll me 🙂
[15:08]   Venkatesan : :))))) @rk
[15:08]   r m : and every stcck comes out well healed and sprinting from his nursing home, that is why 🙂
[15:08]   Kris : Oh! not bad trolling! 🙂
[15:09]   r m : we are intelligent trollers 😀
[15:09]   RK : lol
[15:09]   Kathir : lol
[15:10]   RK : Kathir clinic is full with many patients now..and dont seem no one will get a discharge quickly..fees is accumulating..only BPCL and Asian paid fees and getting discharged today 🙂
[15:12]   Kathir : oh great 🙂 any how you are not going to leave them out without paying the fee..they dont have any other option 🙂
[15:12]   r m : 🙂
[15:12]   Kris : hmm.. I can see the conspiracy – some one who could not hold a trade for 3 days – and you want to join him in a hospital where doctor does not mind curing for 3 years :(:(
[15:13]   Varun : rm whts mo ?
[15:13]   r m : @Kris, RK does not mind if you pay in 3 days what others pay in 3 months 🙂
[15:14]   Kris : 🙂
[15:14]   Venkatesan : hi varun
[15:14]   Vikkas C : 56
[15:14]   Varun : hi all
[15:14]   Kris : @Varun – your view please – I am thinking big down move in next 1 week.
[15:14]   RK : yep..some good patients pay quickly in a day 🙂
[15:14]   Manoj : hi varun
[15:15]   Varun : if we dont create value above today high, we r donw tih excess at top and poor low at bootm
[15:15]   r m : MO at 51
[15:15]   Varun : cn someone shift profile dwon
[15:15]   Varun : thnsk
[15:15]   Varun : we r done
[15:15]   Vikkas C : RM u just refreshed the sheet
[15:15]   Kris : and where is this poor low at bottom?
[15:15]   Varun : break today low, extension handle at 8416
[15:15]   Varun : is last support
[15:15]   Shai : lots of selling coming in
[15:16]   Varun : 8355 types
[15:16]   Shai : buy those Puts guys whick Kris is suggesting
[15:16]   Shai : it is needed to protect longs
[15:16]   Varun : regular pattern
[15:16]   Varun : tren day
[15:16]   Varun : normal day
[15:16]   Shai : BNF is poorer today
[15:16]   Shai : closing as a neutral extreme
[15:16]   Varun : repair all sindles of trend day
[15:16]   Varun : singles
[15:17]   Shai : yes will be swift 40 down below 8435 tom and then auction straight down to 8330 if it gets below
[15:18]   Kris : @Varun – 8180…. let us see if bulls can gather support there :):)
[15:18]   Varun : 8255 is final fromtier
[15:18]   Varun : if we break tht, we mite break lows
[15:18]   Varun : last of singles for this move to 8565′
[15:19]   Kris : yes – do not mind 7777 in a week 🙂
[15:19]   Varun : falls happen like tht
[15:19]   Varun : inventory get short in 2 days’needs to be quick and cruel
[15:21]   Kris : @Rm – I am worried if Shai says I am part of Greece Parliament!
[15:21]   Ashish : Thanks for the alert Shai (15:15) Shai :lots of selling coming in
[15:21]   Ashish : lol kris
[15:21]   Shai : yes Ashish see the reds
[15:22]   Ashish : Yes, the moment you told it started…
[15:22]   Kris : Shai said in the morning 8455 above close is good for bulls – may be they will just scrape through!
[15:22]   r m : @Kris, poverty galores – poor highs and lows yesterday and poor lows today – http://screencast.com/t/yEwM1AP5PI6S
[15:23]   Kris : but a couple of hours back – if bears were given a close at 8465 – they would have taken it!
[15:23]   Varun : another confirmation poor high repaired by excess
[15:24]   r m : yes Varun
[15:24]   Kris : @Varun – net net – you do not mind a down move – right? 🙂
[15:24]   r m : but yesterday’s SP not covered in NF
[15:24]   Varun : short with stop of todays high
[15:24]   Kris : I mean – Dalton does not mind! 🙂
[15:25]   Varun : dalton says : you se 2-3 poor lows in continuation, big move coming tht way 😉
[15:27]   Varun : u long 8300 pe kris
[15:27]   Varun : wht rate ?
[15:27]   Kris : yes Varun.
[15:27]   Abhishek : 8463 somthing here
[15:27]   Varun : stop
[15:27]   Varun : ?
[15:27]   Manoj : i m long tht pe @ 41.6
[15:27]   VR : 8300 PE is the overnight position kris?
[15:27]   Kris : I did 2 rounds of 10 points today in it.
[15:27]   Varun : lets do it 80
[15:28]   Manoj : OMG
[15:28]   Manoj : 80???
[15:28]   Manoj : i missed a lot of conversation abv
[15:28]   Kris : yes Varun – looking for 80+ in it.
[15:28]   Kathir : @kris we just need 5 more to close below 8455 🙂
[15:29]   Kris : this last round – I added at 42 again.
[15:29]   Varun : cool
[15:29]   Varun : if history repaets in a week
[15:29]   Varun : we get a gap dwon tmrw
[15:29]   Varun : repeats
[15:29]   Varun : chk profile at 8565
[15:29]   Kathir : 8330 tomrw will make it 86 🙂
[15:29]   Varun : same trend, same excess
[15:29]   Kris : @Varun – give me 8320 tomorrow 🙂
[15:30]   Varun : and gap next day
[15:30]   Kris : Bye all!
[15:30]   Shai : 8457
[15:30]   Shai : Bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Manoj : BYE
[15:30]   Tejpreet : Bye All..
[15:30]   Shai : Have a nice evening
[15:30]   John : Bye all
[15:30]   Manoj : and thanks kris
[15:30]   Ashish : Thanks and bye all,
[15:30]   Kathir : thanks and bye alll
[15:31]   Porus : bye all
[15:31]   Vikkas C : bye all
[15:31]   Manoj : bye all
[15:31]   Srini A : Bye All
[15:31]   Shailesh : Bye all
[15:32]   Sandeep : bye veryone
[15:32]   Suyash : thanks and bye all
[15:33]   Venkatesan : thank you shai,rm,kris and varun