OrderFlow charts and Notes 16/12/15

[08:47]   r m : Good Morning folks!
[08:47]   r m : http://vtrender.com/levels-and-plan-for-16th-dec-2/
[08:47]   r m : http://vtrender.com/orderflow-charts-and-notes-151215/
[08:47]   r m : http://vtrender.com/consolidated-orderflow-141215-2/
[08:48]   r m : Nifty DEC Future levels | KRA 7510 | Hypo1 above 7733➜7772➜7793 SL 7692 | Hypo2 below 7679➜7650➜7580 SL 7732
[08:48]   r m : Banknifty DEC Future levels | KRA 16120 | Hypo1 above 16442➜16520➜16600 SL 16360 | Hypo2 below 16286➜16209➜16058 SL 16385
[08:49]   Jitender : Gm Shai, Rm, Folks:-)
[08:52]   r m : Hi Jitender 🙂
[08:54]   Anay : GM All
[09:01]   Shai : GM all
[09:01]   Tejpreet : GM All
[09:03]   Ashish : GM all
[09:06]   Venkatesan : gm shai,rm and to everyone
[09:07]   r m : Hi Venkatesan
[09:09]   Kathir : GM Shai RM all friends
[09:09]   Sharad : GM all
[09:09]   r m : Hi Kathir
[09:11]   Sankar : GM Shai, RM and everyone 🙂
[09:11]   r m : Hi Sankar 🙂
[09:13]   Shai : 7730F- edge of a 1 week balance
[09:14]   Shai : ahead of the FED we watch to see if we stay above at close and open tom
[09:14]   Shai : but risk is higher as re- entry again into 7730F minus can take it down to the other side of balance at 7625/ 7585
[09:15]   Shai : BNF still a DD in making and watch the upper end of the lower distribution for an upmove
[09:16]   Shai : last 40 mins today will be critical- our NSE traders have not got the fed wrong in 2015
[09:22]   Shai : Buy NF 7742 sl of 7720 tgt 7762/ 7778
[09:27]   RK : GM Shai,RM and al
[09:27]   RK : all
[09:28]   Santosh : Gm all
[09:28]   r m : Hi RK
[09:31]   Rahul P : shai, any view on yestdys put buying ?
[09:34]   Shai : BNF got buyers at lows
[09:34]   Shai : NF an OAOR
[09:34]   Rahul P : Have we closed the NF anomaly from 8dec singles ??
[09:34]   Shai : Rahul hedging
[09:34]   Shai : is seen generally – s
[09:44]   r m : @Rahul, almost closed, that anomaly was at 7751 I think
[09:44]   Varun : its standing out in prfoile at 58
[09:44]   Varun : profile
[09:45]   Shai : yes
[09:45]   RK : Yep me too looking at that 58..if we have to reverse that could be the last place to have some evidence
[09:46]   Shai : 7762 was the level from where it broke last week
[09:46]   Varun : scene of crime
[09:46]   Rahul P : if it is standing out, that means failure to enter the balance above….so far
[09:46]   Varun : if captrued becomes ultra bullish
[09:46]   Shai : 7758- 7710 was a spike that day
[09:48]   r m : ok, maybe some data issues at my end http://screencast.com/t/AZh2FHbXB
[09:49]   Sankar : RM, may be Dec series charts different values.
[09:49]   Sankar : around 18th Nov, the low made was 7766 in Dec series charts.
[09:49]   r m : @Sankar, this one is DEC series only
[09:50]   Bhagya : Nifty futures today below 7725, will sell madly and badly
[09:50]   Bhagya : All are going long and getting trapped
[09:50]   RK : Shai logically Fed hike would take INR close to 70 levels and worth to monitor IT pack today?
[09:50]   Sankar : Oh then cool :).
[09:50]   Bhagya : No buying till nifty fut crosses
[09:51]   Bhagya : But I will wait like hawk and sell only below 7725 and not now
[09:52]   Shai : RK fed hike in the price
[09:52]   RK : Monday’s price action with such whips suggests we are set for 200-300 pointer move..today we will know the direction though bias is for downside only
[09:52]   r m : @Sankar, it was a resolution issue, TPO was too large on my chart 🙂
[09:52]   Shai : Bhagya agree but keep below 7718 F
[09:53]   RK : fine Shai
[09:55]   Porus : nf T1 7762
[09:55]   r m : target1 in NF
[09:56]   Sankar : Tx RM :).
[09:56]   Sankar : Bulls or bears, donno who is trapped, untill tgts/sl hits. tgt1 hit.
[09:56]   Bhagya : no selling till 7725 breaks, I am not short in markets. Do understand my call to sell only below 7725 and not till then
[09:56]   Kathir : @RM oops missed another 70 in bnf 🙁
[09:56]   Bhagya : now holding 7725 support, are markets heading 7800…
[09:57]   Porus : bnf leading today
[10:00]   RK : RM’s combo BNF chart makes the trick here 🙂
[10:01]   r m : @RK, looks like that empty belly is sucking the bears 🙂
[10:01]   RK : 🙂
[10:01]   Kathir : @RK me bought bnf 13390 exited 50 points profit..:( 200 up now
[10:01]   Porus : shai, keep nf next target ready 🙂
[10:01]   Kathir : 16390
[10:02]   Kathir : this trade based on hypo and Sl was just 30 from there
[10:03]   RK : Kathir thats sad
[10:03]   Kathir : yes RK
[10:04]   Ashish : What was the BN positional target?
[10:04]   Rahul P : any signs of yestdys sellers at 7700 liquidating ???
[10:04]   Porus : nf t2 achieved
[10:06]   Shai : NF at tgt 2- Book fully
[10:07]   Shai : 16650
[10:07]   Ashish : OK Shai, thanks
[10:07]   Rahul P : shai, any signs of yestds sellers at top liquidating today for NF ?
[10:08]   Shai : 16650/ 16770
[10:09]   Shai : BNF positional play : Part book at 16610 and hold balance at 16410 for tgt 2 of 16750
[10:11]   Sandeep : awesome 🙂 sadly booked early
[10:12]   Shai : No Rahul – still selling
[10:14]   r m : @RK, BNF vacuum pump 🙂 http://screencast.com/t/wTn2iwS4L4
[10:15]   Abhishek : Shai…fresh sellers or last week’s stuck buyers liquidating?
[10:17]   RK : nice RM
[10:18]   Tejpreet : Shai do you see vix rising post 2 pm ….am thinking of some option play.
[10:19]   Shai : Nic e1 RM- jusr at the base 16750 is the POC
[10:20]   Shai : abhhijeet there is 1 big seller at 7753
[10:38]   Hari : @shai, can you adjust the BNF profile
[10:40]   Porus : shai, daily poc moved up. Is that positive?
[10:41]   Shai : positive yes, but also means a sideways phase again
[10:41]   Shai : auction is positive as long as we stay above the balance highs for now
[10:42]   Shai : (09:13) Shai :7730F- edge of a 1 week balance
[10:42]   Porus : ok
[10:48]   Sankar : Shai already in vacation mood 🙂
[10:48]   Varun : shai whr going ?
[10:49]   Jitender : Ban on Reg of 2000cc + diesel cars in Delhi
[10:50]   Jitender : till 31st mar
[10:56]   Shai : Family get together Varun- very much in the country but moving around
[10:56]   Shai : only till 31sst Marhc?
[10:56]   Shai : how will that help the environment? 🙂
[10:57]   Jitender : sumthn better tan nuthn…as per Indian wisdom:-)
[10:57]   Shai : true
[10:58]   r m : I think that much time may be given to union government to come out with a policy?
[10:58]   RK : as per fundamentalist logic, then time to buy two wheeler stocks now? 🙂
[10:58]   Jitender : Jaitleyhas no time…busy raisin AAP functionaries..
[10:58]   r m : they should make cycle paths mandatory on the roads and abolish taxes on electric vehicles
[10:58]   Jitender : raiding thru CBI
[10:59]   Varun : cool @shai, enjoy
[11:01]   r m : I was searching for electric vehicles and came across cool lithium battery bycycles with 25 kms max speed and 25 km range 🙂
[11:01]   r m : cost also very reasonable around 20K
[11:01]   RK : cycles are better RM with batteries
[11:01]   Porus : RM, in india?
[11:01]   r m : yes
[11:01]   Jitender : Rm..we will accept tat as a gift frm u…if u insist:-)
[11:01]   RK : few of my friends use them in Chennai for daily commuting
[11:02]   r m : http://www.hulikkal.com/
[11:02]   Porus : RK, your friends must be pedalling to work.
[11:03]   r m : @Jitender 🙂
[11:03]   RK : Prous must be the ones with gears..they are trekking and cycling boys..roam around many places with cycles and bikes
[11:03]   r m : Rambler model looks good, just looks like the old time bikes we rode in school days 🙂
[11:04]   Porus : RK, but RM’s is electri. No pedalling required
[11:06]   r m : yes, it is electric and can be pedalled too but no gears
[11:06]   RK : ok got it
[11:06]   r m : basic bike with a small hub motor
[11:07]   Shanmugasubramanian : levels for 7700 PE pls
[11:08]   r m : yes RK those ones are modern bikes, cost as much as a motorbike, 40K onwards, I often meet enthusiasts climbing the hills during my morning walk 🙂
[11:08]   RK : 🙂
[11:11]   Shai : 7700 pe has broken below 97 which is ST bearish but resting near 1 support at 68- uptend gets momentum obly abv 97 now in 7700 pe
[11:11]   Shanmugasubramanian : thanks shai
[11:12]   Shai : intra day 87 res today
[11:18]   Shai : Book fully BNF positional trade 16600.
[11:23]   Shai : https://vtrender.slack.com/files/shai/F0GP6U70F/bnf_compo.png
[11:25]   Varun : shai if a bottom red in of changes to neutral white
[11:25]   Varun : means a buyer has come bv it ?
[11:25]   Varun : abv
[11:25]   Shai : or a seller has closed
[11:25]   Varun : like 14250 in 30 mins was red
[11:26]   Sankar : If this is the case, why closing BNF Shai? may be we could trail with a tight SL? given that (4) is also a possibility?
[11:26]   Sankar : not questioning the decision, just trying to understand the reason 🙂
[11:26]   Shai : yes Sankar can trail but at 410 as also event risk is there tom so needs a hedge too
[11:27]   Sankar : Oh yeah. event.. it may turn out to be anything. Understood. Tx.
[11:27]   Sankar : Good trade it is :).
[11:27]   Rahul P : Did we have a range extn on top anytime today on NF ??
[11:27]   Rahul P : or still a Nromal day for NF ?
[11:27]   Shai : normal so far
[11:28]   Shai : if it stays normal – can be an island reversal still for 150 plus points
[11:29]   r m : Nifty spot was a big gap up compared to NF, that absorbed the premium!
[11:29]   Porus : shai, is that 150 up or down?
[11:30]   r m : island reversal should be up
[11:30]   RK : rescuing people from Island in a uplift 🙂
[11:31]   r m : 🙂
[11:32]   r m : oops, if normal day remains an island then reversal will be to the lower side
[11:35]   Rahul P : rm , lol
[11:35]   r m : 🙂
[11:37]   r m : island to dikh gaya 🙂 http://screencast.com/t/Pm5Q3psWL
[11:38]   Sankar : 🙂
[11:43]   Jitender : Tx Rm…
[11:43]   Jitender : May yr bee have constant source of honey:-)
[11:44]   r m : @Jitender, no occasion for thanks, bee is itself disoriented 🙂
[11:44]   Jitender : Nope…truly focussed
[11:45]   r m : Truedata approaching launch of it new datafeed utility, hope it is an improvement
[11:45]   r m : I think they have millisecond data stamps now, should be useful when NT8 is launched
[11:51]   Shai : would be nice
[11:52]   Shai : was talking to Kapil last week and tryin to setup a meetup with the Investor RT guys who have also shown interest for a new data feed besides esignal
[11:53]   r m : that is great news!
[11:54]   Tejpreet : RM , they are giving velocity 2 trial….have you taken it.
[11:56]   r m : no they won’t give trial to an existing customer 🙁
[11:57]   r m : also trials are a big headache, they should pay us to try 🙂
[11:57]   Tejpreet : But I just registerd and got the file downloaded to instal it …..will try post market .
[11:58]   r m : ok
[11:58]   r m : give me the feedback, maybe I’ll plunge in too!
[11:58]   RK : Shai pls recommend them to give long trial period to RM..they will soon understand RM is equvilant to 5 guys they employ to check troubleshotting:)
[11:58]   r m : lol
[11:59]   Tejpreet : Support just cnfirmed exisiting users can .
[11:59]   Tejpreet : True RK !
[11:59]   r m : @RK, most of the ideas in the new data feed were from a bunch at inditrader including me 🙂
[11:59]   r m : bad part is that we can’t criticise it now 😀
[12:00]   r m : Thanks Tejpreet
[12:01]   Tejpreet : Welcome RM.
[12:02]   r m : (*** Private to RK ) now I have cash data too, so you can ask for cash charts as well in live markets 🙂
[12:05]   Sankar : domestic alternative to esignal, would be awesome.
[12:05]   r m : Breaking out
[12:06]   Sankar : esignal is coming too much. 200-300 USD per month right?
[12:06]   r m : red at top with volume surge
[12:06]   r m : yep, esignal is costly for a small trader
[12:08]   Rahul P : @ rm, can you plz check where was the vpoc from 8 dec ???
[12:08]   r m : sure
[12:09]   r m : 7772 on my chart
[12:10]   r m : on 8th dec
[12:10]   Rahul P : ok, we are in intereseting zone now
[12:10]   Shai : 7900 ce has entered a zone to buy around 52 for 70plus but no buyers yet
[12:11]   Shai : high risk trade in 7900 ce is for 74 and 150 with sl of 32 ( 150 mid of next week)
[12:12]   Shai : cmp 49
[12:13]   Shai : but buy abv 52 is better with risk managed at 32
[12:33]   Shanmugasubramanian : 7900 ce crossed Rs.52
[12:34]   Varun : whts vah 8t dec
[12:35]   Tejpreet : 7790
[12:35]   Varun : dnt be so mean
[12:35]   Varun : i have taken it as 7800
[12:35]   Varun : i will have to miss 10 big points
[12:36]   Varun : the other day i missed 7630 and u got it at 7638
[12:36]   r m : 🙂
[12:36]   Varun : i said val is a buy
[12:36]   Varun : he bought it and then says thank u
[12:36]   Varun : its like jalen pe namak man
[12:36]   Varun : 😉
[12:36]   r m : lol
[12:36]   Tejpreet : 🙂
[12:38]   Shai : don’t buy the 7900 ce yet- is still being sold on the rise- no buying
[12:38]   Jitender : Shai..can v try the OF change sound from 17th…so tat wen u r back we wud know whether to keep it or nt
[12:41]   Varun : seems tej got it rite again
[12:43]   Tejpreet : 7900 put from 164 to 172 🙂
[12:44]   Varun : chun chun ke u find strike price
[12:44]   Varun : ma no will buy puts of 160 odd
[12:45]   Hari : @shai, is BNF sell on rise?
[12:46]   Bhagya : nifty fut sold now at 7777 with stoploss of 7791. Stoploss must and 50% of my normal qty trading
[12:46]   Tejpreet : OF shows got 7500 call at 265 but exited at 278.
[12:47]   Shai : Hari not for today but positional supply exists in this zone from November
[12:51]   Bhagya : below 7764, I will add to myn shorts. Less risky traders wait for 7764 to break and then sell
[12:54]   Kathir : thanks bhagya
[12:55]   Kathir : @bhagya what is your target for this trade
[13:01]   Jitender : FYI…one of my friends is a lawyer in the SC in tat pollution case today….just spoke to him…hez sayn tat application will likely b moved to extend diesel ban beyond 31st march also
[13:02]   RK : if Maruti moves down in late hours worth to sell then
[13:03]   Jitender : RK…will let u know once its accepted etc
[13:03]   Jitender : for a month…will b quiet
[13:03]   Jitender : n auto lobby will also try
[13:05]   Shai : Thanks Jitender
[13:05]   Jitender : sure…wc
[13:05]   RK : thanks Jitender
[13:06]   Jitender : wc sir
[13:06]   Shai : about the audible alerts the tech is restricting the possibility at the moment, but looking at other options to send an alert
[13:07]   Jitender : cool
[13:07]   Jitender : tx once again
[13:07]   Shai : it’s a limitation with Omnovia but will get it going for sure in Jan
[13:08]   Shai : NF can rop to 7749 here
[13:08]   r m : only if omnovia mike can pick up internal sound from PC soundcard then it should be possible
[13:08]   Jitender : look fwd to it…in old age i need multiple reminders for one thing:-)
[13:09]   r m : and I used to take pride in being the oldest one here! 🙂
[13:09]   RK : 1.30 drop or reversal is the q here 🙂
[13:10]   Jitender : rm..u r everyoung:-)
[13:10]   r m : OK 🙂
[13:10]   Janak : DJIA guys shd feel safe as it touched 600 today
[13:10]   Janak : and today also FED day 2?
[13:10]   Kathir : RM everoung and everything 🙂
[13:11]   r m : @Janak, Fed is tonight I think
[13:11]   r m : @Kathir, thanks man but my joints don’t agree with you 🙂
[13:11]   Kathir : 🙂
[13:13]   Janak : 15-16 2 days no r?
[13:13]   Janak : shai bought NF here can do 7800+?
[13:14]   Jitender : Well rm..whic one
[13:14]   Jitender : sorry rm..not meant fr here
[13:14]   r m : ok 🙂
[13:15]   RK : this entire year had moved to Fed event always with positions of min 10 and never got affected when we opened next day morning and neither profitted much..almost all went non event as mkts priced in all of them
[13:15]   Jitender : was sendn sumone elsr=e…but u r always on the mind
[13:15]   r m : lol
[13:15]   r m : @Janak, the FED lady speaks at 00:30 IST on Thursday morning 🙂
[13:15]   RK : though this is major event, dont think need to worry a lot # touchwood 🙂
[13:16]   r m : rather she speaks at 01:00 but rate decision will be announced at 00:30
[13:16]   Janak : oh!
[13:16]   Janak : shai BN can do 670/725?
[13:16]   RK : neutral thing – follow existing signals, best thing – stay away, worst thing – taking anticipatory contra trades 🙂
[13:17]   r m : @RK, that is the advantage of trading the trend, trendmakers always know better 🙂
[13:17]   Janak : rm where r the hypo values?
[13:17]   RK : yeah but have to absorb the pain around closing..dont know how much they hit before close RM 🙂
[13:20]   RK : but approx below 7720 I think many systems would turn bearish for event..lets see what these 2.30 guys are capable of
[13:21]   Kathir : ok RK
[13:25]   r m : @Janak, in announcement tab
[13:25]   Kathir : indirect answer sir
[13:27]   Janak : thnx rm
[13:27]   Janak : RK shai mentioned to buy 7900
[13:27]   Kathir : @shai can we sell nf below vwap + filter
[13:27]   Janak : and he post-event there might be a spike to kill anticipatory bears
[13:29]   Kathir : Janak yes better be away for small traders
[13:29]   Janak : anyone into bn long?
[13:29]   Janak : i m expecting 675/725
[13:29]   Kathir : 11:18 Shai : (11:18) Shai :Book fully BNF positional trade 16600.
[13:29]   Sankar : (13:16) RK :neutral thing – follow existing signals, best thing – stay away, worst thing – taking anticipatory contra trades 🙂
[13:29]   Sankar : You are a wise man RK B-)
[13:31]   Janak : where is ashish? if u averaged DJIA from 350-400 levels – u would have made a decent profit here around 600
[13:31]   Janak : it will still do 800-900 i think tom
[13:31]   Janak : or even cross 18k mark as this is the biggest fed ann of the year
[13:32]   Janak : leading straight to santa rally
[13:32]   Ashish : Already exited janak in morning
[13:32]   Janak : ok
[13:33]   r m : @Janak, 7900CE was to be bought only above 52 and Shai clarified that there were sellers at 52!
[13:33]   Janak : i dont read shai’s warnings – i just read the first parts ;;
[13:33]   r m : maybe you are bullish on 7900CE yourself 🙂
[13:33]   Janak : because they always come true
[13:34]   r m : 🙂
[13:35]   Janak : ashish – bought 10 lots of DJIA averaging 425 – 5 booked around 580 and 5 holding – to drown myself in the sea of dehradoon whisky ;;
[13:36]   r m : Nifty chal basee 🙂
[13:37]   Ashish : Cool Janak 🙂
[13:37]   r m : @Janak, we don’t make whisky. There were a few tea gardens left from the day’s of English rule but they are now being converted into a smart city 🙂
[13:37]   Ashish : Bhagya’s shorts triggered
[13:37]   Shai : anomaly 7749 almost : (13:08) Shai :NF can drop to 7749 here
[13:38]   Janak : rm apne liye to chai bhi whisky ;;
[13:38]   Janak : Tisky ;;
[13:39]   r m : @Janak, sahee hai, nasha to DJIA ka hai na!
[13:39]   Janak : SP daal ke ::
[13:39]   Ashish : WRB in NF
[13:43]   Bhagya : nifty magic started. COvering 50% and rest hold with stop at cost
[13:43]   Kathir : ok bhagya thanks for the info..I bought Pe with you
[13:49]   r m : @Kathir, running with bulls and hunting with the bears! (market version of the idio – running with the hare and hunting with the hounds) 🙂
[13:50]   Kathir : 🙂
[13:50]   RK : prev 30 min candle reds are bravehearts or emotional RM? 🙂
[13:51]   Kathir : NF RK?
[13:51]   RK : yes
[13:51]   r m : bravehearts if they stay short overnight 🙂
[13:51]   RK : equally poised here for high/low..that’s how they keep it..damn 🙂
[13:51]   Varun : below vwap
[13:52]   Varun : sellers in 30 mins
[13:52]   Varun : nf
[13:52]   RK : Varun so you tag them emotional? 🙂
[13:52]   Varun : had thy been at vwap sd3 then emotional
[13:52]   Varun : tough to say sam
[13:53]   Rahul P : seems a bull trap in morning…to get everyone into longs….even ystds high sellers were not liquidating today
[13:53]   Varun : big sellers at bottom getting support
[13:53]   RK : yepvery tough to call today
[13:53]   Varun : normally big money gives supports to traps
[13:53]   Varun : if 30 min low goes
[13:54]   Shai : there was a 7753 seller who dis not sell on rise
[13:54]   Shai : these are also big sellers selling int strength
[13:55]   Shai : I had a volume alert set at 7900 ce and did not show greens when we hit the highs of 52
[13:55]   Varun : vwap rejection on drives lead to other extrme
[13:57]   Janak : ideally this mkt shd go back to day highs shai? 7789/16670? befoe eod?
[13:58]   Rahul P : u sound to be long, janak !
[13:58]   Janak : i have been long all this week and booking profits – reentering at lows
[13:58]   Janak : it is a buy-on-dip mkt at its safest
[13:59]   Janak : and that statement will be confirmed if we visit the day high before eod
[13:59]   Janak : if not then bears have stepped in
[14:00]   Rahul P : hmm, ok
[14:04]   Janak : it shd do 7800+ by all means – 90% sure – 10% in the hands or rm ;
[14:04]   Janak : dehradoon wala bear
[14:04]   r m : hibernating
[14:05]   Rahul P : vwap aaya 🙁
[14:05]   Janak : rahul u r short?
[14:06]   Rahul P : yes dear
[14:06]   Janak : ok
[14:07]   Varun : ghar ke paise ghar mein hi bat jayenge 😉
[14:07]   Varun : ek long aur ek short
[14:07]   Janak : ?
[14:07]   Venkatesan : :)))))
[14:08]   Janak : varun rahul stays in a palace man – i m operating from jhonpadi no 420 in dharavi ;;
[14:08]   Janak : wo bhi rm saab se kuch udhar le ke ::
[14:09]   RK : I think yellen will ride everyone to scream today by pausing rates yet again :))))
[14:09]   Janak : no way RK – yellen has to please the mkts
[14:09]   Varun : u told me from a yachtyesterday mddle of indian ocean
[14:09]   Janak : it will shoot up like rocket
[14:09]   Kathir : @RK what will happen to pur markets if rates unchanged? move up
[14:09]   RK : just kidding Janak..
[14:09]   Rahul P : dont think RK, ystdy US inflation data was quite supportive for rate hike
[14:10]   Venkatesan : (14:08) Janak :wo bhi rm saab se kuch udhar le ke ::)))))))))
[14:10]   Janak : ha ha venkatesan – rm is the baadshah of VT
[14:10]   RK : Kathir logically good for us if unchanged but US will go for dive and we also do then 🙂
[14:11]   Kathir : ok
[14:12]   RK : hate these events and results 🙂
[14:12]   Tejpreet : Bat around vwap for next few minutes and then do any extreme ……no vwap close 😉
[14:12]   Kathir : yes RK 🙂
[14:13]   RK : Tej I love vwap close if we do it today 🙂
[14:14]   Tejpreet : Then let us have it your way after hitting any extreme .
[14:15]   RK : lol
[14:20]   RK : vwap fail?
[14:30]   Shai : yup sellling is there
[14:30]   RK : BNF vwap turned bamboo stick now
[14:31]   Shai : BNF looks content to follow the mddle of the DD profile
[14:31]   Tejpreet : Vix has not done much today still on lower side ….could mean traders are getting complacent.
[14:31]   Shai : 16500 ce/ pe
[14:32]   Shai : at 610
[14:34]   Ashish : Shai, 16500 CE/PE for waht, short or long?
[14:37]   Shai : shorting with a 17000 ce and 16000 pe buy for protection
[14:37]   Ashish : ok, thanks
[14:38]   Shai : protection needed as if goes outside the 16900- 16200 band can gallop 700 points
[14:39]   Shai : but currently mkt is thinking it may not
[14:46]   Jitender : Harish Slave sayn that diesel ban may b considered nationally in due course
[14:47]   RK : very difficult to implement considering mkt share
[14:48]   Rahul P : companies like IOC who invested heavily into Diesel plants will go nuts
[14:48]   Varun : we live in mad country with even mad judiciary
[14:48]   Varun : so anything is possible
[14:49]   Varun : if u read bharti mittal story, he got a blessing in disguise with genset import ban like this one morning
[14:50]   Kathir : yes varun
[14:51]   Rahul P : yeh kya ho raha hian??? no clear direction from here
[14:51]   Rahul P : for NF
[14:51]   Rahul P : both sides rejecting
[14:53]   Kathir : One story: govt banned
[14:58]   Jitender : whole world green..goint into fed…
[14:59]   Shai : NSE guys not yet active
[14:59]   Jitender : probab of reverse high
[14:59]   Shai : these last 30 min traders have mostly gt it right
[15:00]   RK : yep better informed ones comes to desk in last 30 mins
[15:00]   RK : first and last 30 mins
[15:00]   Tejpreet : Shai you planning to give a trade based on these last 30 min.
[15:00]   Shai : no
[15:01]   Tejpreet : OK.
[15:01]   r m : @Tejpreet, you want one for the road? 🙂
[15:01]   RK : lol
[15:02]   Venkatesan : lol
[15:02]   Tejpreet : No RM just looking for reasons to carry position 🙂
[15:02]   Sankar : 😀
[15:03]   Rahul P : no move yet 🙁
[15:03]   Tejpreet : very difficult to go empty handed …..let us see if I succeed
[15:04]   Kathir : out of two one big buyer near dpoc nuetralised?
[15:04]   Tejpreet : Will pat myself if go with zero position in nxt 25 min 🙂
[15:04]   r m : lol
[15:04]   Kathir : :)lol
[15:05]   Jitender : Best way tej is to log out:-)
[15:05]   Kathir : log out after market hours Jit 🙂
[15:06]   Hari : stocks indicate a downmove
[15:06]   r m : IndiaVix not suggesting any excitement
[15:06]   Tejpreet : Am searching charts like a bewda loking for last drop in empty bottles in the cabinet 😉
[15:06]   r m : 🙂
[15:06]   Jitender : tomorrow will cum…with santa
[15:06]   Varun : my 2 paisa tej ull get the best entry at 9.30 tmrw
[15:07]   Varun : 915/930 ib
[15:07]   Jitender : n lots of trades with rm at helm
[15:07]   Rahul P : maybe we will have algos at last minute
[15:07]   Rahul P : till then those guys will keep us guessing
[15:07]   r m : @Jitender, you mean bulls just waiting for Shai to leave on holidays? 🙂
[15:07]   Jitender : lol
[15:07]   RK : RM shut the doors today for spike boys..dont want them to spoil a good close here..
[15:07]   Kathir : @RM all greeans dissappeared in daily s?
[15:08]   Tejpreet : Yeah .. better to wait.
[15:09]   Rahul P : vwap clsoe ????
[15:09]   r m : @Kathir, I but price and value remained above yesterday 🙂
[15:09]   Kathir : ok
[15:09]   Tejpreet : RK agan has his way !
[15:12]   Jitender : Shai…8000ce has vol..being bought or sold
[15:12]   Jitender : bought i guess…
[15:13]   Shai : 8000 CE sold from 22
[15:14]   Shai : below 16 it may drop to 7 tom/ day after
[15:14]   Jitender : k…tx
[15:14]   Shai : no play here in NF last 30 mins
[15:20]   Hari : @shai, good amount short build up in NF?
[15:21]   Hari : 200k sellers so far in 20 mins
[15:24]   Shai : yes and top of the bar also saw sellers
[15:25]   Porus : Isnt there agg buyig at the bottom
[15:25]   Shai : BNF was getting shorts at the close yesterday- today’s gap up forced them out early
[15:26]   Abhishek : shai chances of gap down?..carry shorts?
[15:26]   Shai : Porus looked like short covering
[15:26]   RK : my GF lot of cash buying since that gap down and bounce on Monday and many hedges in F in last 2 days which shows red patches in OF..
[15:26]   Shai : Hgh rish Abhishek better to stay flat
[15:26]   Abhishek : ok
[15:27]   Jitender : bye all…
[15:27]   Kathir : thanks and bye all
[15:27]   Jitender : Shai…have a good time n c u nxt yr
[15:28]   Porus : Yes, RK, savvy investors are buying in cash
[15:28]   Sankar : Ok All. Have a nice evening.
[15:29]   Sankar : Shai Happy Holidays!!
[15:29]   Tejpreet : Bye all….Shai have a great vacation !
[15:29]   Ashish : Bye all
[15:29]   r m : Thanks and bye folks, have a great evening!
[15:29]   Venkatesan : bye all
[15:29]   r m : Happy Holidays Shai 🙂
[15:29]   Hari : Have fun Shai,
[15:30]   Ashish : Shai, have a rocking holidays
[15:30]   Venkatesan : happy holday shai
[15:30]   Shai : Thanks Guys
[15:30]   Shai : Catch up soon
[15:30]   RK : have a blast Shai 🙂
[15:30]   Shai : Have a profitable time !
[15:30]   Varun : see you in new years
[15:30]   Shai : wish you the best
[15:30]   Varun : all the best
[15:31]   Abhishek : Bye Shai..when will you be back?
[15:31]   Shai : back Jan 4
[15:31]   Abhishek : ok..happy holidays..hav a gr8 one..!!
[15:31]   Porus : bye all.
[15:31]   Shai : Bye all
[15:32]   Abhishek : Bye all

[09:23]   RK : M&
[09:23]   RK : M&M any news?
[09:25]   Jitender : 10.30am today…court judgement out
[09:28]   RK : thanks
[09:29]   Shai : on that diesel issue?
[09:29]   Ashish : Shai, what could be the support level of M&M?
[09:29]   Shai : IGL is the contra play there
[09:29]   Jitender : yup
[09:29]   Jitender : wc RK
[09:30]   Shai : MM broken 1233 supp headed to 1204/ 1183 possibly 1160
[09:30]   RK : MnM clear sell here..
[09:30]   Shai : 1233 imp now on closing
[09:30]   Ashish : Great Shai, Thanks
[09:31]   Ashish : Yes RK, going with 2 lots 😉
[09:31]   RK : all the move towards 1300 was not comfy and it proved right..self pat for not jumping in to buy in last two days 🙂
[09:32]   RK : Ashish 🙂
[09:33]   RK : Shai DR seems completed consolidation here..any move above
[09:36]   Shai : yes DR attmpt at balance after the IPM from 4200
[09:36]   RK : my comment half gone..
[09:36]   RK : move above 3040 good to enter?
[09:36]   Shai : abv 3080 may move up to 3250
[09:37]   RK : fine..thanks
[09:53]   R Goel : shai view on havells
[09:53]   R Goel : nothing has been done from last time
[09:53]   R Goel : u suggested 320 as excess
[10:09]   RK : Shai HDFC nearest obj for longs pls
[10:10]   RK : Asian 884 done
[10:10]   RK : with a trademark miss of 5 paisa but 🙂
[10:11]   r m : lol
[10:16]   Shai : yes Havells was a news based spike- is weak now below 306 but may also consolidate in a 312- 292 kind of range
[10:17]   Shai : for now immediate upmove looks difficult
[10:17]   Shai : hdfc for 1233 stops below 1210
[10:18]   RK : thanks Shai
[10:18]   Shai : Asian 🙂
[10:18]   Sandeep : shai wipro levels? any resistance here?
[10:18]   RK : what a supply there in Asian..sudden drop of 10
[10:21]   Shai : yes wipro res at 557- 560 may drop again to 549
[10:39]   Tejpreet : Shai views on BPCL for ID trade.
[10:44]   Shai : bpcl intra day may drop down to 905/ 900.5 with stops abv 910.8
[10:45]   Tejpreet : Thanks Shai.
[10:59]   Abhishek : Shai…lvls fo MnM now
[11:02]   Shai : levels are the same- intra day sellers from open still holding but is a normal day now and more chances of hi low remining for intra
[11:23]   RK : BPCL isn’t bullish positionally after finding buyers for last two days at lows and with such a open today? or the intraday weakness is due to supply at highs?
[11:25]   Shai : only intra day as we stopped at 911 I think on friday
[11:25]   Shai : bullish now is we close abv 911
[11:27]   RK : Yes that was a Friday stop
[12:18]   Abhishek : Shai..lvls fo SBI pls
[12:24]   Shai : sbi headed to 231.4 sl of 227. 2 now
[12:24]   Shai : 228.9 cmp
[12:25]   Abhishek : ok..positional ??
[12:27]   Shai : yes 1-2 sessions
[12:55]   RK : TCS 2410 supply working here and longs can wait till EOD ?
[12:56]   RK : *or longs can wait?
[12:56]   Abhishek : and also infy @ supply lvls?
[13:00]   Shai : tcs was a good move from 2387 but volumes have fizzled at 2410- need to see a strong close abv 2410 to be certain
[13:00]   Janak : shai orientbank fut a buy here and tata motor fut a sell here? sl / tgt
[13:01]   RK : thanks Shai
[13:01]   Shai : is long liquidation in TCS than active selling so buy is still a chance
[13:01]   RK : closed longs..will decided about reentry by close then
[13:01]   RK : decide
[13:02]   Shai : infy supply at 1098/1100
[13:03]   Shai : tata motors intra sell 387 sl and can do 374 again
[13:03]   Shai : cash
[13:04]   Shai : orient intra move may be done for longs
[13:05]   Janak : ok
[13:09]   Ashish : Shai, sellers in JSW steel?
[14:46]   Kathir : SHAI BOB 16 still a big resi?
[14:46]   Kathir : 162
[14:48]   Tejpreet : What a tumble in m&m 35 to 16 n minutes !
[14:49]   RK : someone riding two horses at a time 🙂
[14:50]   Tejpreet : H
[14:51]   Tejpreet : Horses have to be offloaded in next 40 minutes 🙂
[14:52]   Shai : jsw not big sellers – may get 1003 supp
[14:52]   Shai : yes Kathir 162 may resist
[14:53]   Ashish : Thannks Shai
[14:53]   Kathir : ok thanks
[14:53]   Shai : MM 1242 high , but still a normal day
[14:56]   Tejpreet : Thanks Shai.