General Chat Transcript
Date and Time: June 15, 2015 09:21:57
[08:52] Vikkas C : Gdmtng RM
[08:53] Mohul : GM Everyon
[08:53] r m : Good Morning folks!
[08:53] r m : Hi Vikkas
[08:53] r m : http://vtrender.com/levels-and-plan-for-15th-june/
[08:53] Porus : GM RM and all
[08:53] Dharamveer : Gm Friends
[08:54] r m : Hi Porus
[08:54] r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-15-19-june15/
[08:54] r m : http://vtrender.com/option-values-dt-120615/
[08:54] r m : Nifty JUN Future levels | Key Reference Area 7943 | Hypo1 below 7943➜7910➜7888 SL 7970 | Hypo2 above 8006➜8036➜8055 SL 7985
[08:54] r m : anknifty JUN Future levels | KRA 17636 | Hypo1 below 17365➜17280➜17230 SL 17476 | Hypo2 above 17540➜17627 SL 17410
[08:56] Porus : RM bnf KRA is above both hypo1 and hypo2. Is thaat right?
[08:57] Hemant : GM foks
[08:57] Hemant : folks*
[08:57] r m : Yes
[08:57] r m : Guess it is bull run above that KRA 🙂
[08:58] Srini A : GM All!!
[08:59] Sumit : GM everyone
[08:59] r m : @Porus, will check with Shai, maybe there is a typo
[09:01] Tejpreet : GM All.
[09:01] Chetan : GM all
[09:02] r m : USDINR gap up
[09:03] Sudhakar : GM Shai,RM & All
[09:03] r m : Hi Sudhakar
[09:04] Shai : GM all
[09:05] Moses : GM All
[09:05] Augustin : GM all
[09:07] Venkatesan : gm shai, rm and friends
[09:07] Kathir : @gm Shai RM all friends
[09:08] Shai : GM all
[09:08] Sharad : GM all
[09:08] r m : Hi Venkatesan, Kathir
[09:08] Manoj : GM all my first day here
[09:11] r m : Amended BNF Hypo – Banknifty JUN Future levels | KRA 17636 | Hypo1 below 17365➜17280➜17230 SL 17476 | Hypo2 above 17640➜17775 SL 17560
[09:12] John : GM all
[09:12] Suyash : GM all
[09:13] r m : @Porus, BNF Hypo2 amended
[09:13] Porus : thanks rm
[09:13] r m : welcome
[09:14] Chandan : Good Morning Shai sir..
[09:14] Chandan : Good morning friends
[09:14] Naveen : Happy Morning..
[09:15] Kathir : @rm INFY STOCK SPLIT?
[09:16] Vivek K : bonus
[09:16] Vivek K : infy
[09:20] Sandeep : SHAI Buy BNF @ 17480
[09:20] Sandeep : ?
[09:22] Vikkas C : @SANDEEP even i was just going to as kthat ..lol
[09:23] Tejpreet : RM the Stocklevels sheet is not having past week stocks Data, can you help on that.
[09:24] r m : that is in another sheet
[09:24] r m : Stocks_Ind_LastWeek tab in the same sheet
[09:25] Tejpreet : Got it ….Thanks.
[09:26] Shai : Vikkas / Sanddeep that is a positional buy trigger in BNF
[09:26] Vikkas C : ohh..ok thanx shai
[09:27] Chetan : bnf yesterday vah,val and poc levels ..can you check it again ..it is showing different in amibroker
[09:27] r m : @Chetan, amibroker MP is pathetic 🙂
[09:28] Chetan : ok
[09:28] r m : also in Amibroker it will depend upon the bar time frame, AFL is designed to calculate it bar wise, here values are calculated from tick volumes
[09:28] RK : GM Shai,RM and all
[09:29] r m : Hi RK 🙂
[09:29] Shai : updating data
[09:29] Chetan : ok thanks
[09:29] Shai : OPen is in value and range of yesterday
[09:29] Shai : points to a slowish morning
[09:30] Manoj : i am new and hv no idea how to read all these what will be th sl of the trade generated in bank nifty pls tell
[09:30] Arvind : GM Friends
[09:30] Chetan : ninjatrader do we get MP charts ?
[09:30] Arvind : Just joined today
[09:31] r m : Yes Chetan but difficult to get live data into NT 🙂
[09:31] John : Hi RM,in my amibroker MP it considers 9:15 to 9:30 as first TPO period but here we are considering 9:15 to 9:45 as a first TPO period?does this have any significance?
[09:31] r m : no John
[09:32] Dharamveer : Rm what is the problem connecting esignal data to Ninjatrader
[09:32] Arvind : Same here Manoj
[09:32] r m : if you use the same TPOs every day, it does not make any difference. But if you keep market time as 09:15-15:30 in Amibroker, that will also show the same TPOs
[09:32] John : is it ok to have my MP like that or do i need to change that as like this in trading room setup?
[09:33] Venkatesan : welcome arvind
[09:33] Ravi Chahal : GM all
[09:33] r m : @Dharamveer, absolutely no problem man except the monitory one 😀
[09:33] Dharamveer : lol
[09:34] Arvind : Thnks Venky
[09:35] Dharamveer : 7982 a SL trigger?
[09:35] Shai : Sl for that positional BNF call is PS! or can keep it beow 17270
[09:36] Shai : Yes Dharamveer
[09:36] Shai : NF low again KRA
[09:37] John : Thanks rm
[09:37] r m : Yes Shai, I presume that Kathir has already milked KRA 🙂
[09:37] r m : welcome John
[09:37] Kathir : @ RM yes 48 to 71 🙂
[09:38] Tejpreet : Shai views on Cipla for ID longs,
[09:38] r m : great Kathir!
[09:38] RK : Hi Kathir mine is 81 to 48..carried over shorts 🙂
[09:39] Kathir : oh RK great one 🙂
[09:39] Kathir : @RM thanks
[09:40] Shai : all details are in your welcome kit . kindly go through : (09:30) Manoj :i am new and hv no idea how to read all these what will be th sl of the trade generated in bank nifty pls tell
[09:41] Shai : NF spike up
[09:41] Chandan : Shai…so any time if price is above KRA…dips close to it…then buy can be treid..?
[09:42] Chandan : similar for shorts?
[09:42] Augustin : Shai – Can book 8100 CE around 75/76?
[09:42] Augustin : Or TSL and hold for T2?
[09:43] Shai : tsl hold for t2
[09:43] Augustin : Thanks
[09:44] Shai : 8036 is where the res can come in
[09:44] Augustin : Ok
[09:47] Shai : Buy BNF 17530- 17540 sl of 14570 tgt 17630
[09:47] Shai : sl 17470**
[09:48] Shai : NF is a buy if it comes down to 8006 again
[09:48] Dharamveer : is it Open Rejection Reverse ?
[09:48] Manoj : thanks
[09:49] Dharamveer : is the 17400 Spike support at the bottom iN BN ?
[09:49] Shai : OPen in NF is a drive up
[09:50] Shai : OPen in BNF a bit weaker and a a OTD
[09:50] Shai : yes 17400 test of anomaly
[09:50] Dharamveer : thanks Shai
[09:51] Dharamveer : may be toomany Questions was revising MOM yesterday and field of vision so theory was over now looking at the practicals
[09:52] Vikkas C : @DHARAMVEER can u share the link for field of vision pls 🙂
[09:55] Ashish : Shai, 8054 is an anomaly?
[09:55] Shai : Buy NF over 8037 for 8056/ 8085 sl below 8001
[09:55] Shai : yes anomaly
[09:56] Ashish : Thanks Shai
[09:57] Shai : sellers coming near VAH in BNF
[09:58] Shai : trade idea was to get a drive to continue over VAH
[09:58] Shai : but orderflow showing sellers
[09:58] Venkatesan : shai/rm eod of chart of 11th shows error and 12 th not vailable pelase
[09:59] Shai : hold the BNF short with sl of 17450
[09:59] Venkatesan : of chart
[10:02] Vikkas C : u mean longs
[10:03] Shai : http://vtrender.com/premium/orderflow-charts-and-notes-120615/
[10:04] Shai : 11th is updated Venkatesan, if you get an error logoff and login again
[10:04] Venkatesan : thank u shai
[10:05] Venkatesan : ok
[10:06] Soumya : Adding nf longs near 8006 is still on shai – right?
[10:06] Shai : BNF exit belw 17455
[10:06] Shai : yes Soumya we look at the orerflow and add
[10:06] Shai : BNF open was a bit weaker than NF
[10:07] Shai : and now trdaing below vwap
[10:08] John : @shai,May i know what 7943(KRA) signifies? actually couldn’t understand what that level represents?
[10:08] Shai : no buyers yet 8006
[10:09] Shai : Buy volumes were seen 7943 on friday
[10:09] Shai : two times- once in morning and second in afternoon
[10:09] Shai : don’t put than NF buy yet
[10:09] John : ok shai thanks for the clarification
[10:10] Vikkas C : shai any views on SBIN
[10:17] Varun : @shai vwap test failing on a drive, this could take us too lows?
[10:20] Shai : yes
[10:20] Shai : could
[10:21] Shai : failed drive in NF just holding vah
[10:21] Sandeep : and where does this failure gets negated
[10:22] Shai : abv 8006
[10:23] Sandeep : okay
[10:23] Shai : sbi intra day weak below 253.4 today
[10:23] Shai : obj of the move is 248.2 which is a positional support also
[10:23] Vikkas C : ok thanx
[10:24] Shai : strength abv 258 this week
[10:25] Shai : cipla will do better on a close abv 598 today
[10:25] Shai : intra day sl now placed at 576
[10:25] Soumya : should we keep holding nifty longs?
[10:26] Shai : obj othis move is 595 today
[10:26] Shai : No Soumya- intra day does not look good here
[10:27] Tejpreet : Thanks for cipla lvls.
[10:28] Shai : Sell NF with sl of 8010 tgt 7964/ 7944
[10:28] Shai : cancel the NF buy abv 7936
[10:29] Shai : came in fully – (09:44) Shai :8036 is where the res can come in
[10:30] Shai : Cancle NF buy abv 8036 I meant***
[10:41] Soumya : above 8006 will we buy nifty?
[10:41] Rahul G : soumya i gues 8010 will be bteer
[10:41] Rahul G : better*
[10:42] Rahul G : since tht is the sl fo shorts
[10:50] Soumya : Thank you Rahul
[10:52] Shai : NF shorts stopped out
[10:53] Shai : waiting for the mkt to settle in now before new trades
[10:53] Shai : 7984 has the last burst of greens in NF chart
[10:53] Shai : 8024 was the first seller
[10:54] Sreedhar : shai, what point was 8036
[10:55] Shai : 8036 not much selling but the chart shows 8024 as sell vols
[10:55] Shai : 10.00 candle in 15 mins
[10:55] Chandan : shai…there were a stream of buyers @ 17340-350 region…before that sellers…could that have been taken as a sign of bottom..?
[10:55] Shai : between 10.15 and 10.45 opp candles
[10:56] Shai : the sell volume appear stronger and more
[10:56] Shai : yes Chandan could have been
[10:56] Shai : was yvwap
[10:57] Chandan : just as you have shown it in the 23 min video
[10:57] Shai : yes
[10:57] Shai : becomes important also at prev ref points of the day before like vah/ val/ yvwap and poc
[10:58] Chandan : right…
[10:58] Chandan : will take note fromnow on
[10:58] Chandan : thanks..!!
[10:58] Chandan : lots to learn on 1st day itself..
[10:59] Shai : auction is very two time fraem here
[11:00] Shai : not seeing a big edge between 8023- 7974 in NF now
[11:00] Shai : frame*
[11:01] r m : below 7974 may go to KRA again?
[11:01] Shai : Orderflow always – more important than any bias- is a mirror for us : (10:58) Chandan :lots to learn on 1st day itself..
[11:01] Shai : yes RM
[11:01] r m : Thanks
[11:02] Shai : be back in a few mins
[11:05] r m : bear bhago buyer aaya 🙂
[11:05] Venkatesan : HI CHANDAN PL SHARE THE 23 MIN VIDEO
[11:06] Hemant : LMAO @RM
[11:06] r m : seller is adamant
[11:06] Chandan : well…it is thr…on vtrender website…sir has also given the link for it in the welcome kit
[11:06] RK : RM, day of grip seems..take care 🙂
[11:06] Chandan : the foot print video…
[11:06] r m : Yes RK, my only trades are verbal now 🙂
[11:07] Chandan : will post the link anyways…1 min..
[11:07] RK : double belt here 🙂
[11:09] Chandan : here Venkatesan…http://vtrender.com/premium/read-the-footprint/
[11:10] Ravi Chahal : @Shai- tgt for 8100CE?
[11:10] Augustin : @Ravi T1 is 76
[11:11] r m : should be 8135 spot approx 105-108
[11:12] r m : Nifty spot resistance are 8045/8065/835
[11:12] r m : *8135
[11:13] Venkatesan : RM CHANDA was taking about video please share if u cna
[11:13] Venkatesan : mr chandan
[11:14] r m : @Venkatesan, will search for the link, must be an old link 🙂
[11:15] Venkatesan : ok thank u
[11:15] Chandan : the lyoutube link for the video…in on the write-up…
[11:15] Chandan : sorry…youtube
[11:15] RK : Venkat https://www.youtube.com/watch?v=O4VIayW_448&feature=youtu.be
[11:15] Chandan : or else go to vtrender channel on youtube…
[11:15] r m : https://www.youtube.com/watch?v=O4VIayW_448&feature=youtu.be
[11:15] Chandan : you will find it thr
[11:15] r m : oops, already posted by RK 🙂
[11:16] Venkatesan : thank you RM & CHANDAN
[11:16] Venkatesan : THANK U RK
[11:16] RK : Welcome
[11:17] r m : seller coming below , let us see where buyer turns up now
[11:17] Hemant : RM what would be the possible tgt to 8100 PE? Short on it
[11:19] Kathir : @hemant if nf goes to 8135 today your pe will be 79
[11:19] r m : Thanks Kathir
[11:19] Hemant : Hello Kathir & many thanks
[11:20] Kathir : welocme 🙂 both
[11:20] r m : @Kathir, USDINR could not fill the gap
[11:20] Kathir : @hemant all learnt from RM
[11:21] r m : lol
[11:21] Hemant : Great guy is truly RM 🙂
[11:21] Kathir : @RM usd/inr kind of range now
[11:21] Chandan : rm…what is the yellow line in the chart..in case of BN…it shows 17413 right now..?
[11:21] r m : ok Kathir 🙂
[11:21] Kathir : 64 to 64.40
[11:21] Ravi Chahal : thanks!
[11:22] Kathir : @hemant 100% true
[11:22] r m : @Chandan, that is developing VAL
[11:22] Chandan : ok…thanks…and which col is the dev VAH?
[11:23] r m : @Hemant, thanks man, though I am as far away from greatness as DDN is from PUNE 🙂
[11:23] Chetan : fin alogo in NINJA TRADER works with global data feeds data???
[11:23] r m : @Chandan, that will be yellow line above but it is out of picture now
[11:24] Chandan : ok…so same yellow colour…thanks rm..
[11:24] r m : yes Chandan, it works, but first try GDFL data before you subscribe
[11:25] r m : I did not feel comfortable, charts were loading with delay and even refused to load at times! Though I must admit that I did not take help from support because they want PC during trading time
[11:27] r m : @Cheta, above answers for you 🙂
[11:27] r m : @Chetan
[11:28] Chetan : some 1 told it works with e signal…but GDFL he dont know
[11:28] Shai : NF / BNF in a normal day most likely
[11:28] r m : GDFL has esignal plugin
[11:29] Chetan : did you tried it rm
[11:29] r m : @Chetan, yes, tried the paid trial because i already used the free one earlier, did not work out 🙁
[11:30] r m : but issue could be my NT too, there were some corrupt scrips in that, may be you should try also
[11:30] RK : Shai view on Tatamotors pls..tradind at this lower band for couple of days now..
[11:30] Chetan : ok i ll try & see how it goes
[11:31] RK : *trading
[11:33] r m : @Chetan, neotradeanalytics package is cheaper at 1300 pm i think for 200 symbols
[11:34] r m : both use esignal plugin so should be similar in use
[11:34] Shai : tata motors 417 is that positional supp
[11:34] Dharamveer : any vendor givivn cash tick data apart from esignal
[11:34] r m : none
[11:34] RK : fine
[11:35] Dharamveer : thaks rm
[11:35] r m : welcome
[11:35] Shai : intra day dip below 416 can take it to 408 but will be watching if we can stay below 417
[11:35] RK : on closing basis, will take a call then..thanks
[11:35] Shai : NF is a normal day – a normal day is a save your emotional capital day 🙂
[11:36] RK : 🙂
[11:36] r m : Normal days trade should be only type in notepad not in trading software 🙂
[11:36] r m : *typed
[11:38] Tejpreet : Cipla booked out ….now View on Yes Bank for ID longs.
[11:40] Soumya : Pharma looking good – sun pharma, cipla both showing strength
[11:40] r m : @RK, TM VPOC at 420 😀
[11:41] Shai : yes bank buy abv 810 now for 816/ 822
[11:41] RK : thanks RM 🙂
[11:41] Shai : 799 day supp weak below it
[11:41] Tejpreet : Tthanks Shai.
[11:41] Vikkas C : SHAI views on bharat forge ?
[11:45] Shai : Bforge see it as a positional for 1163/ 1188 sl of 1065 now
[11:46] Shai : intra day supp at 1102 today
[11:46] Vikkas C : ok thanx
[11:47] Dharamveer : what is the scope in NF if day high is broken
[11:48] Vikkas C : inflation @ 12pm
[11:49] Shai : 8056/ 8077 possible
[11:49] Dharamveer : thanks
[12:01] Soumya : shai is sun pharma open drive.. please give views
[12:02] Rajat : shai..can you guide little who is in control of mrket right now?
[12:02] Rajat : we are balancing below day high.. does that say anything?
[12:03] Manoj : MAY WPI @ -2.36
[12:12] Shai : Rajat 2 time frame now
[12:12] Shai : control equal
[12:13] Shai : (10:59) Shai :auction is very two time fraem here
[12:13] Shai : (11:00) Shai :not seeing a big edge between 8023- 7974 in NF now
[12:14] Soumya : shai is sun pharma open drive? your views please
[12:14] Shai : Yes Somumya Sun P on a drive up
[12:15] Shai : ready to meet last week’s sellers at 852
[12:15] Rajat : ok
[12:15] Rajat : thankks shai
[12:16] Shai : day wise objective may be done at 840
[12:16] Shai : support at 820
[12:22] Soumya : thank you shai
[12:24] Shai : welcome 🙂
[12:24] Shai : BNF has a seller near 17440 now
[12:25] Shai : NF sellers increasing
[12:25] Shai : Short BNF btw 17425- 17435 sl of 17495 tgt 17370/ 17340
[12:26] Shai : sell on the rise to vwap
[12:26] Shai : NF should slide down back to 7975
[12:27] Shai : still a rotational profile
[12:43] Shai : BNF dipping more
[12:43] Shai : some 1 again buying 17330
[12:49] Shai : now more buyers in BNF
[12:49] Shai : anb 17375 we get vwap again
[12:49] Shai : abv*
[12:50] Shai : Buy BNF cmp sl of 17330 tgt 17430/ 17480
[12:50] Shai : ignore the previous sell BNF order
[12:51] Shai : NF also buyers now
[12:52] Shai : typical rotational charactersistics today
[12:53] Tejpreet : Shai positional view on BN 18000 call.
[12:56] Shai : BNF buy vols increasing
[12:56] Shai : Tejpreet I don’t have option data on BN
[12:57] Shai : but look at 17282 as a very good supp in BNF now
[12:57] Shai : res 17720
[12:57] Shai : F
[12:57] Tejpreet : ok so positional play is for 17720 ….Thanks.
[12:58] Ashish : Shai, what’s 1up 7994 in NF
[12:59] Shai : Part of me said this week could be rangebound between 7920- 8065 but option IV’s are too high for a range bound move to play out fully
[12:59] Shai : Ashish day high of the balance I names as 1
[12:59] Shai : named*
[12:59] Tejpreet : IV would remain high as Greece drama approaches the finale.
[13:00] Shai : friday balance
[13:00] Shai : yes that is why to play a range bound move is difficult
[13:00] Ashish : Thanks Shai
[13:00] Shai : either buy low near 7920 or buy higher abv 8065
[13:00] Tejpreet : Any small news on greece can trigger wild moves either way.
[13:02] r m : the size of greece economy is less than the change in global market capitalizations caused by it 🙂
[13:02] Soumya : haha.. good one rm
[13:02] RK : they could collect some tax from all the traders throughout the world and seek a option to pay onbehalf of Greece..its in the news for many years now 🙂
[13:02] Sreedhar : LOL..
[13:03] r m : @RK, but daytraders would refuse to pay, they are loving Greece 😀
[13:03] RK : yep..its a golden duck for liquidity for them 🙂
[13:03] Tejpreet : That includes me 🙂
[13:03] r m : lol
[13:06] Shai : those buyers at 12.45 keeping the control
[13:06] Shai : still that seller at 8023 is there
[13:07] Shai : same orderflow from 10.50 : (10:53) Shai :7984 has the last burst of greens in NF chart(10:53) Shai :8024 was the first seller
[13:07] Shai : but now buyers picking up in NF
[13:10] Dharamveer : what is avg vol in NF for 15 min bar
[13:10] Shai : for afternoons it is 3L and for opening hour n closing hour 8L
[13:12] Chandan : shai a very basic query…but imp for me..you said we see volumes diagonally…so the buy volumes in the same row as the sells ..are they the bid volumes that have been hit by the sellers..?
[13:12] Shai : a cross abv 17435 brings 17480/ 17535 again
[13:13] Chandan : that is the standing bid?
[13:14] Shai : Chandan in the 5 min chart we see the vols diagonally
[13:14] Shai : so in the present 5 min chart at 1.10
[13:14] Shai : we have 7050 stronger buyer against 1525 seller which tells us that this candle can move up more
[13:14] Shai : then we look for confirmation further up
[13:15] Shai : seeing 6425 and 12575 in the same candle but no sellers
[13:15] Shai : so it moves up
[13:15] Shai : look for greens at the base of the candle and red at the tops
[13:16] Shai : see from 12.45 the green is laregre
[13:16] Shai : larger* qty wise diagonally
[13:16] Soumya : 8024 seller not being seen
[13:16] Shai : 12075 first sign of that 8024 seller
[13:16] Soumya : yup.. !!
[13:16] Shai : may not be enough as green is bigger
[13:17] Shai : up
[13:19] Shai : we missed a BNF short trigger by 15 points but it went to 17340 obj – now back – but no reds seen : (12:25) Shai :Short BNF btw 17425- 17435 sl of 17495 tgt 17370/ 17340
[13:19] Shai : But this on track : (12:50) Shai :Buy BNF cmp sl of 17330 tgt 17430/ 17480
[13:20] Shai : just use orderflow – at proper levels- keep that bias at home 🙂
[13:21] Dharamveer : shai the profile of Nf looks like a p is it a short covering again
[13:21] Shai : yes could be short covering day
[13:21] Shai : 8023 supp now
[13:21] Shai : if no sellers come we go to 8055
[13:22] Varun : still no sellers
[13:22] Shai : Buy NF over 8037 tgt 8060 sl of 8020
[13:22] Shai : still seller not there
[13:23] Dharamveer : can you move the charts a little down
[13:23] Shai : BNF can book out fully
[13:23] Shai : if holding tsl is 17420 vwap on day
[13:24] Shai : we got profit booking at 17480 though minor
[13:26] Shai : 8023 supp
[13:29] Tejpreet : Shai is Hindalco moving out of range bound trades ……… any trade now in Hindalco positional.
[13:41] Dharamveer : can you please reposition the charts
[13:41] Hemant : Shai, looks like this is going to break the chart 😛 Please fix
[13:43] r m : I thought the seller as trying hard to keep the price in chart’s limits 🙂
[13:44] Hemant : Big fail is what it was RM
[13:44] Ashish : 🙂
[13:44] Hemant : On that note, can 8000 CE go 140+ from here?
[13:45] Ashish : We got VWAP band here:(
[13:45] Dharamveer : can you please adjust the 2nd chart NF
[13:46] Shai : sl 8037 if still left with any qty : (13:22) Shai :Buy NF over 8037 tgt 8060 sl of 8020
[13:47] Sreedhar : one more good call.. : )
[13:51] Ashish : Shai, IB high again a zone for taking long positions?
[13:52] Shai : Hindalco don’t see longs in cntrol till we ove abv 117.7
[13:52] Shai : seller in total control here
[13:52] Shai : could be 112 still in Hindalco this week
[13:53] Tejpreet : Thanks.
[13:53] Ravi Chahal : 8100CE tgt still 8135 spot?
[13:54] Dharamveer : 8050 is someone selling
[13:54] Shai : Hemant 134 positional res 8000 ce
[13:54] Shai : can do 181 if it is cossed
[13:54] Ravi Chahal : wt abt 8100CE
[13:55] Dharamveer : Shai i am holding 8200 call can you please give the levels
[13:57] Shai : Nifty spot near that positional res : http://vtrender.com/nifty-bn-weekly-view-spot-for-15-19-june15/
[13:57] Shai : 8100 ce 85 is res now
[13:58] Shai : tgt on 85 cross is 123 by or add above 85 only
[13:58] Shai : supp is 53 on day
[13:58] Shai : for 8100 ce
[13:58] Ravi Chahal : thanks Shai
[13:59] Shai : 8200 ce at 27 day supp
[13:59] Shai : 50 is the positional res
[13:59] Shai : crss above 50 can bring 78
[14:01] Hemant : Got it Shai, Ty booked partial at 126
[14:01] Hemant : Any BTST trades ?
[14:03] Shai : not here
[14:03] Hemant : Got it Shai
[14:03] Soumya : should we hold nifty longs or cover fully?
[14:03] Shai : waiting on proof that 8065 spot will get accepted or rejected
[14:04] Shai : Soumya TSL at IBH is good for a range extension still
[14:04] Soumya : ok.. thanks shai
[14:04] Shai : definite signs of weakness if 8037 breaks
[14:04] Shai : we saw strong buyers off 7985 earlier defending vah
[14:05] Shai : 8120 is where it should go should similar buyers come up today abv 8065
[14:05] Hemant : BNF not quite clear here Shai, where does it go from here/
[14:05] Hemant : ?
[14:05] RK : BNF is not supporting..
[14:08] Shai : yes 17550 should have come
[14:08] Shai : but meeting res
[14:11] Tejpreet : Break of 8037 is a short sign or sl for longs.
[14:13] Shai : coul get long liquidation
[14:14] Shai : ellers coming in more now
[14:15] Hemant : Shai, today new longs created?
[14:16] RK : If DD in making, then rotation could be between IBH and day high?
[14:16] RK : @Shai
[14:17] Shai : Not a DD
[14:17] Shai : could be a normal variation
[14:17] RK : fine
[14:17] Shai : which means vwap should get protected at 8010
[14:17] Shai : on any weakness
[14:18] Shai : Hemant right at the open there is a long buildup
[14:18] Shai : 8044- 8074
[14:19] Shai : will play our rest of this week as support
[14:19] Hemant : Great
[14:23] Shai : expected this week : announcement reagring provident funds inesting in equity mkts
[14:23] Shai : regarding*
[14:24] Tejpreet : That should be a big positive in the market.
[14:25] Ashish : Also read today morning on twitter about some billions investment in india
[14:25] Ashish : Not sure who posted that
[14:26] Shai : new buying not coming in again
[14:26] Shai : want to see greens at the bottom of the 5 min bars
[14:26] Sandeep : User Actions Follow CNBC-TV18Verified account@CNBCTV18LiveIndia Labour Min Official: EPFO Plans To Invest ‘At Least’ Rs 25 bn In Equities Via ETF By September
[14:27] RK : Great escape! just now cashed my PF savings :)) (14:23) Shai :expected this week : announcement reagring provident funds inesting in equity mkts
[14:27] Ashish : That was the one @ sandeep
[14:27] Tejpreet : RK 🙂
[14:27] Shai : Wow that is a huge amount
[14:27] r m : lol
[14:27] Shai : lol RK
[14:28] Venkatesan : thats good for the employees in the long term rk?
[14:28] RK : Yep huge money to absorb shocks..LIC got a friend now to share the burden 🙂
[14:28] r m : @Venkatsan, but RK can himself do a lot better than any fund manager 🙂
[14:29] RK : Venkat no idea as to what is the way of investment..have to see once the news develops..
[14:29] Venkatesan : u r true, rm
[14:30] Venkatesan : rk running hiw own MF
[14:30] Venkatesan : his own
[14:30] RK : RM, yes anyway you are going to see diminishing NAVs..let me do that for myself why a third party? :))
[14:31] r m : lol
[14:31] Venkatesan : :))
[14:31] Shai : back in IB
[14:31] Shai : 8010 supp
[14:31] Ashish : Shai Kotakbank views for long positions?
[14:31] r m : @RK, one big disadvantage, you can’t blame anyone 🙂
[14:33] Shai : kotak intra day no strength till below 1295
[14:33] Shai : 1244 positional supp
[14:34] RK : RM 🙂
[14:34] Ashish : Ok shai, thanks
[14:34] Chetan : shai is it a selling tail in NF???TODAY
[14:37] Manoj : shai sir thanks a tonn for providing this platform today for the first time i am in profit in such a volatile mkt may god bless you and ur entire team always with good health
[14:38] Shai : Cheers Manoj- we follow a system here and it will be the first of many. Thanks
[14:38] Shai : No Chetan
[14:38] Shai : no selling tail
[14:39] Shai : these reds n teh 5 min chart are long liquidation of thise earlier buyers below IBH
[14:39] RK : Manoj Congrats! let profits run on every day 🙂
[14:39] Chetan : HOW MANY prints required to concider selling tail
[14:39] Shai : the more the better
[14:42] Shai : NF trying to hold vwap
[14:42] RK : RM seems need third belt if VWAP goes 🙂
[14:42] r m : 🙂
[14:46] Hemant : Lol @RK
[14:47] Hemant : 4th belt Sir
[14:48] RK : Hemant 🙂
[14:54] Hemant : Still no BTST Shai?
[14:59] Chetan : buying tail shai NF???
[15:03] Shai : yes Chetan that is right
[15:03] Shai : we have a buying tail at 7944
[15:07] Shai : hemant we initiate a buy near 7985 if it comes for tom sl of 7940 tgt 8065
[15:07] Shai : 8065 needs a revisit and 7985 zone was found atrcative by buyers
[15:07] Shai : attractive*
[15:10] Hemant : Ok Shai sounds just about right 🙂
[15:11] Shai : but may close at vwap also
[15:12] Shai : so can buy 1 part here and bala tom
[15:13] Chandan : shai what should be the SL for BN pos tom?
[15:14] Chandan : same..?
[15:17] Hemant : Shai, looking at the profile, the action has centered more or less on responsive buying and not so much on response selling in the last 30 mins?
[15:19] Shai : Yes SL and tgts on the positional same
[15:20] Shai : Hemant yes buy lows and sell highs
[15:20] Chandan : okay…
[15:22] Dharamveer : Shai is this short covering and new longs
[15:22] Hemant : Ty Shai
[15:23] Vikkas C : fed meet is on wednesday ryt …any idea ?
[15:23] Hemant : Yes it is Vikkas
[15:24] Vikkas C : cool thanx hemant
[15:24] Hemant : http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
[15:25] Hemant : Welcome bro
[15:26] Shai : Dharamveer looks like a mix of long liquidation and short buildup
[15:26] Shai : in NF
[15:26] Shai : that visist to 8065 tom gets evry intersting if it comes
[15:27] Shai : looks like it may get sold off at 8065 all week now
[15:30] Shai : 8005 close
[15:30] Shai : just under vwap
[15:30] Shai : Bye all
[15:30] Dharamveer : Bye
[15:30] RK : thanks and bye all
[15:30] Shai : Have a nice evening
[15:30] Sreedhar : Thank you Shai, for one more fruitfull day..
[15:30] Moses : Bye all
[15:30] Venkatesan : thank u shai, rm and friends
[15:30] Suyash : thanks and bye all
[15:30] Porus : bye all
[15:30] John : Bye all
[15:30] Tejpreet : Bye All.
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Ashish : Thanks and bye all
[15:30] Srini A : Bye everyone
[15:30] Vikkas C : thank u shai and rm
[15:30] Mohul : ThankS!
[15:30] Vikkas C : bye all
[15:31] Hemant : Ty Shai, folks. Have a great week ahead