OrderFlow charts and Notes 17/11/15

This post is for Trading Room members only. Please login with your approved ID and password. Non- members can subscribe here – http://vtrender.com/trading-room

Bnf_Tick Footprint_5_Bnf Footprint_5_Nf Nf_Tick

 

 

Get Image Orderflow Charts And Notes 17/11/15

History of room Announcements

Room Name: Vtrender
Date and Time: November 18, 2015 09:04:12

[09:03]   Shai : (08:41) r m:http://vtrender.com/levels-and-plan-for-18th-nov-2/
(08:41) r m:http://vtrender.com/orderflow-charts-and-notes-161115-2/
(08:42) r m:Nifty NOV Future levels | KRA 7918 | Hypo1 above 7877➜7905➜7934 SL 7830 | Hypo2 below 7822➜7796➜7747 SL 7862
(08:42) r m:Banknifty NOV Future levels | KRA 17085 | Hypo1 above 17252➜17339➜17489 SL 17130 | Hypo2 below 17050➜16997➜16895 SL 17125

[09:19]   Shai : (09:19) Shai :Keep an NF sell below 7820 sl of 7842 tgt 7796/ 7762

[09:29]   Shai : (09:29) Shai :Make an exit in the BNF positional play 17170- 17180 . Profile shows consolidation ahead

[10:01]   Shai : (10:01) Shai :Sell NF 7839 sl of 7860 tgt 7820/ 7794 . Ignore the previous sell below call

[12:24]   Shai : (12:24) Shai :Book 50% NF and bring sl to 7840

[13:19]   Shai : (13:19) Shai :tgt 2 in NF- if still in hold with tsl 7796 for 7760

[13:27]   Shai : (13:26) Shai :7760 NF hit. Book shorts

[13:38]   Shai : (13:37) Shai :High risk sell : Sell NF again near 7775- 7778 sl of 7798 tgt 7747/ 7725

[13:52]   Shai : (13:52) Shai :avoid the NF sell call at 7775

[14:23]   Shai : (14:23) Shai :Buy 7700 pe at 56 sl of 31 tgt 76/ 99

Get Image Orderflow Charts And Notes 17/11/15

General Chat Transcript

Room Name: Vtrender
Date and Time: November 18, 2015 09:04:12

[08:41]   r m : Good Morning folks!
[08:41]   r m : http://vtrender.com/levels-and-plan-for-18th-nov-2/
[08:41]   Shankar : GM RM, Shai and all
[08:41]   r m : http://vtrender.com/orderflow-charts-and-notes-161115-2/
[08:42]   r m : http://vtrender.com/consolidated-orderflow-171115/
[08:42]   r m : Hi Shankar
[08:42]   r m : Nifty NOV Future levels | KRA 7918 | Hypo1 above 7877➜7905➜7934 SL 7830 | Hypo2 below 7822➜7796➜7747 SL 7862
[08:42]   r m : Banknifty NOV Future levels | KRA 17085 | Hypo1 above 17252➜17339➜17489 SL 17130 | Hypo2 below 17050➜16997➜16895 SL 17125
[08:45]   Anay : GM All
[08:52]   Sandeep69 : gm all
[09:00]   Tejpreet : GM All.
[09:03]   Shai : GM all
[09:03]   Ashish : GM all
[09:06]   Santosh : Gm all
[09:09]   Venkatesan : gm shai,,rm and to everyone
[09:11]   r m : Hi Venkatesan
[09:14]   Uttam : Good Morning Everyone 🙂
[09:17]   Gaurav A : gm all
[09:17]   r m : Open in value
[09:19]   Shai : Keep an NF sell below 7820 sl of 7842 tgt 7796/ 7762
[09:21]   Janak : shai a possible trend day down can happen?
[09:21]   Sandeep69 : shai the green colour in the mp what does it indicate
[09:23]   r m : @Sandeep, I thnk blue bar is 2IB range and green is 3IB range
[09:29]   Shai : Make an exit in the BNF positional play 17170- 17180 . Profile shows consolidation ahead
[09:31]   Gaurav A : shai nifty carried long hold/exit?
[09:31]   Shai : can still hold NF with 7820 as sl
[09:32]   Gaurav A : k thanks
[09:32]   Shai : 2 possibilities in NF today – 1) a 7820 to 7870 range and 2) a trend day
[09:33]   Shai : BNF has excess at the top yesterday and does not make sense to carry a positional so close to excess highs
[09:37]   Nandesh : upper range for BNF
[09:40]   Nandesh : shai .. upper range for BNF
[09:42]   Shai : 17240/ 17290
[09:46]   Uttam : BNF has tested both the VAH & VAL of yesterday now lets see where it goes…
[09:46]   Uttam : & same with NF too
[09:46]   Uttam : both of them inside yesterdays value so far
[09:48]   RK : looks like grinding ahead..pathetic vol
[09:48]   RK : GM all 🙂
[09:53]   Vikkas : sellers at yesterdays POC ..shai can we short here for a move towards yesterdays poor low ??
[09:54]   r m : Hi RK, OAIR – invitation to catch on sleep 🙂
[09:54]   RK : lol
[09:56]   Vaibhav : seasoned traders pl guide abt trading psychology on low vols..1} people dump their positions bcoz stocks not moving up or 2} people short bcoz mkt not moving up
[09:57]   Varun : shai can u merge last 3 days
[09:57]   Varun : we mite perfect p
[09:57]   Varun : no
[09:58]   Varun : last 2 days mite give us a bell
[09:59]   Varun : merge around 2 pm
[09:59]   Shai : yes belll should come today
[10:00]   Shai : Vikkas if shorting sl is 7860 tgt 7820/ 7794
[10:00]   Vikkas : thanx
[10:01]   Shai : Sell NF 7839 sl of 7860 tgt 7820/ 7794 . Ignore the previous sell beow call
[10:01]   RK : Vaibhav if are asking on positional/swing based, then deeper SL is the only way
[10:01]   RK : *If you are
[10:02]   r m : @Varun – http://screencast.com/t/LuwIxo8RPQ
[10:02]   RK : thanks RM
[10:02]   Vaibhav : rk i am wondering on the trader psychology…coz i am thinking mkt will do opposite
[10:03]   r m : welcome RK
[10:03]   Varun : thanks rm
[10:04]   Varun : as per this 7820/7840 today
[10:04]   Varun : and then some filling below tmrw/frida
[10:05]   RK : Vaibhav psychology impact could be overcome only through conviction with strategies and systems being followed..Market moves beyond certain limits only should concern us and not every move..to have such composure , belief in own studies only would help
[10:06]   r m : +10 RK 🙂
[10:06]   Vaibhav : well said b@rk
[10:11]   RK : RM 🙂
[10:16]   Uttam : small IB so can expect a trend day Shai?
[10:19]   Uttam : buyers below 7830 in NF
[10:20]   Shai : Uttam difficult to get a trend day now
[10:21]   Uttam : reason Shai? less volumes cos we are just into the IB right?
[10:21]   Varun : is thr anyother way to watch all screens of the room
[10:21]   Varun : besides a big monitor
[10:23]   Shai : NO Varun am afraid only a monitor or 2 monitors split
[10:24]   Varun : tried with hdmi, didnt work
[10:24]   Varun : will try the split part
[10:24]   Tejpreet : Higher resolution monitors will help
[10:24]   Varun : and then fix them to lcd screen
[10:24]   Tejpreet : Split part does not work to well, i tried it out.
[10:24]   Varun : u ordrd a big screen
[10:24]   Shai : there are monitor extenders avaiable
[10:25]   Shai : sorry not split- an extender
[10:25]   Shai : to extend the display
[10:25]   Varun : ok, will chk
[10:25]   Varun : thanks
[10:25]   Varun : @tej , did u get it
[10:26]   Tejpreet : Yes i use actual multiple monitor software to extend displays.
[10:27]   Varun : so u view all 8 screens
[10:27]   Varun : in one shot
[10:27]   Tejpreet : I have 3 monitors one exclusivley for vtrender !
[10:28]   Tejpreet : so all 8 screen fit well on 24 inch monitor.
[10:28]   Varun : cool
[10:28]   Tejpreet : But to have better clarity go in for higher resolution monitor , if you are buying a new one.
[10:29]   Varun : any recomendation
[10:29]   Vikkas : @varun theres a something called as usb display adapter for the laptops to attach to multiple monitors ..only glitch u need the same no of usb like the monitors
[10:29]   Varun : thanks vikas, will chk
[10:31]   Shai : A 24 inch monitor is best to get all screen . Yes search for a USB extender on flipkart/ amazon readily avaialble for 3- 5 k
[10:32]   Vikkas : +1 shai
[10:32]   Varun : shai 10.25
[10:32]   Varun : candle nd ?
[10:32]   Vikkas : in mumbai on lamington road we get it for approx 2800rs 🙂
[10:32]   Vikkas : whats ND.. no demand ?
[10:33]   Varun : testing something vikas
[10:33]   r m : most of the modern laptops with extra graphic card already have one VGA port and one HDMI port available for additional monitors which are managed by exising OS
[10:33]   Vikkas : ahhh..coolio varun
[10:33]   Varun : will give in room, only if we get results
[10:34]   Shai : No Varun nothing
[10:34]   Vikkas : 🙂
[10:34]   Varun : k
[10:41]   RK : possibility of FA with that big buyer at low?
[10:42]   Shai : yes possibility tere
[10:47]   RK : fine
[10:52]   RK : RM, seems FA is going to Fail 🙂
[10:52]   r m : @RK, 🙂
[10:53]   r m : on OAIR days it pays to stay out in first half and have a comfortable lunch and then keep awake in afternoon 😀
[10:53]   RK : 🙂
[10:55]   Shai : That’s experence being monetised right there 🙂
[10:55]   r m : lol
[10:55]   RK : 🙂
[11:02]   Ashish : 5 minute delta is all positiive in NF
[11:05]   Shai : I’m wary of those sellers at 7876 Ashish , turned out to be bigger than expected
[11:05]   RK : Shai around 2 lac at top?
[11:06]   Ashish : Yes, Shai.
[11:06]   RK : I mean yday sellers you are referring
[11:06]   RK : ?
[11:07]   RK : not 2 but more than 5lac there
[11:07]   r m : Dalton on Open Auction 🙂 http://screencast.com/t/2ds5xqRnd1
[11:07]   Shai : yes RK
[11:08]   Shai : if 7820 yesterday buyer gives up here, those sellers will ush for a test of 7760- 70
[11:09]   RK : got it
[11:09]   RK : min 100 for them
[11:10]   Shai : yes
[11:10]   Shai : earlier on MOnday I mentioned about the new black bands giving us WRB’s
[11:11]   Shai : here is yesterday : http://vtrender.com/wp-content/uploads/2015/11/Footprint_5_BNF9.png
[11:11]   RK : Yes..they were successful today to clear all the WRB made today
[11:11]   RK : *yday
[11:11]   Shai : NF- http://vtrender.com/wp-content/uploads/2015/11/Footprint_5_NF9.png
[11:12]   r m : 7820 is the last frontier!
[11:12]   Shai : 7820/ 7876 points in NF and 17110 and 17240 in BNF
[11:13]   RK : expiry below 7950 sets 7200 in a monthly view Shai?
[11:13]   RK : *expiry/monthly close
[11:22]   Shai : still belive that 7530 is a good support
[11:22]   Shai : yes expiry could be 7950
[11:27]   RK : if we close below 7900 this month, I will only play shorts and forget longs for 2015 🙂
[11:31]   Shai : yeah would be shorts till the run up to budget in feb or some leaks of budget provide a play
[11:32]   Uttam : buyers @ VWAP in NF?
[11:33]   Shai : yes some buyers here
[11:33]   Gaurav A : another bhejfry session -adhe long karo adhe short karo baki RK sir ki tarah mast lunch karo;)
[11:33]   Tejpreet : 🙂
[11:33]   Ashish : good greens coming now
[12:03]   Tejpreet : Guys have a look at this indicator for NT7 …simalar to WRB we are using (it is called WRP ) ……this indicator is available for free this month on ninjacators site.
[12:04]   Tejpreet : user manual https://ninjacators.com/idmc/indicators/Ninjacators-HiddenGaps-Manual.pdf
[12:07]   r m : Thanks Tejpreet
[12:08]   Tejpreet : Welcome RM 😉
[12:24]   Ashish : Some blasts in France again,
[12:24]   Shai : Book 50% NF and bring sl to 7840
[12:24]   RK : 🙁
[12:25]   Rajesh : tej ….how to get vwap in ninja trader…can u help ?
[12:25]   Janak : h mmmm rm saab -now we are talking 🙂
[12:25]   RK : France being such a open society getting a hit is making this world more sick 🙁
[12:27]   Ashish : Paris attack mastermind located.
[12:27]   Shai : #BREAKING: French media: One female suicide bomber activated her bomb vest during police operation in #SaintDenis
[12:28]   Tejpreet : Rajesh vwap …https://bitbucket.org/ninjatrader/vwap/downloads
[12:28]   Rajesh : Thanks a lot tejpreet
[12:29]   Shai : pushing the vwap band
[12:29]   Tejpreet : Welcome Rajesh.
[12:32]   Vaibhav : shai can fresh shorting be done gere?
[12:33]   Shai : NO
[12:34]   Shai : was greens, besides no new shorts at vwap band
[12:34]   Shai : higher % wise risk
[12:34]   Vaibhav : ok’
[12:35]   r m : spot did not share NF’s enthu! http://screencast.com/t/U7mPbb7Z
[12:36]   Shai : today also spot stopped 7843
[12:36]   Uttam : many times this difference could give a signal RM?
[12:36]   Shai : if it breaks 7797- 7803 then we have a top at 7840+
[12:37]   r m : not sure Uttam, just suggests that cash stocks are not eagerly participating in NF’s trend
[12:37]   Uttam : okies
[12:39]   Rajesh : tej can i get ichimoku on ninja 7……where will i get that indiacator….plz help ….i am new to nt7
[12:40]   Shai : new sellers come
[12:40]   Shai : for thise not short in NF – can take a short here with sl of 7840
[12:40]   RK : yes that 30k is keen..earlier 23k at same price
[12:40]   Uttam : Shai views on 7800 PE have it as a hedge against NF short
[12:43]   Ashish : big buyer, 94350 in NF
[12:45]   Shai : 7800 pe has res at 63/ 64 and supp at 48 and 39
[12:47]   Uttam : thanks Shai
[12:47]   Tejpreet : rajesh ….https://futures.io/download/ninjatrader-7/indicators/559-download.html
[12:49]   Rajesh : Thank you very much tej
[13:06]   RK : My 2 cents to the people who are new here..If you are equipped with decent capital, try to reduce positions of Nf and BNF during low conviction days and attempt all the stocks discussed in stocks tab..if you have little patience, just key in entry SL and target and never look back..after a month I bet you can mint some serious money..Shai is just making a kill there with precise levels there..If you have your own strategy then its double shot..Shai’s levels for profit booking and SL makes it perfect..Very good show Shai 🙂
[13:08]   r m : Yes RK, watching you guys making a killing every day there 🙂
[13:10]   RK : RM, more than making money, if you get perfect entry and exit in a trade, that makes you more happy 🙂
[13:11]   r m : yes RK 🙂
[13:11]   Shai : Well the crowd sourcing of the stock ideas there is much much better that any signal any system can give. So cheers to all the guys who come out with the queries
[13:12]   Shai : I’ll tell you from experience all queries are sharp and pick a stocks’ top/ bottom or turnaround trend
[13:12]   RK : that’s true Shai..its like people from fund house checking with CFO before shooting orders 🙂
[13:13]   RK : and mostly bulls eye..hardly fails
[13:13]   Shai : +1
[13:14]   Shai : some times I really miss the whatsapp emoticons 🙂
[13:14]   r m : 🙂
[13:14]   RK : :))
[13:14]   r m : hope the new version omnovia is bringing out got those 🙂
[13:14]   RK : pass this to omnovia guys..time for them to make some improvements 🙂
[13:17]   Vaibhav : the queries from u guys , only help me undrstand the nuances…thx
[13:17]   Vaibhav : plus the patient answers by shai
[13:17]   RK : Shai is that 1.2 lac at lows?
[13:18]   Shai : yes
[13:18]   RK : Yes its clear now
[13:18]   Shai : some 1 buying all the dips but that seller yesterday is the one in control
[13:18]   RK : oops
[13:18]   RK : 4.65 lac
[13:18]   RK : algo
[13:19]   Ashish : oooohh
[13:19]   Vaibhav : damn
[13:19]   Shai : tgt 2 in NF- if still in hold with tsl 7796 for 7760
[13:23]   RK : Shai what was that algo done there? booked shorts or entered longs?
[13:23]   RK : seems fresh buyer
[13:24]   Uttam : Shai 8k CE of dec SL @ 81 right?
[13:24]   Uttam : to be put in system?
[13:26]   Shai : 8000 ce hold
[13:26]   Shai : 7760 NF hit
[13:26]   Uttam : ok Shai thought so that is why not yet exited
[13:26]   Uttam : book all shorts here?
[13:27]   RK : BNF gone to sell positionally I think..
[13:27]   Shai : yes book all shorts
[13:27]   Vaibhav : wat was the buy price for 800ce call .missed it
[13:27]   Gaurav A : 2 anomalies at 7794 and at 7762 which further stress the importance of the 2 levels for today’s bullish move I think met
[13:27]   Gaurav A : as per the blog
[13:27]   RK : damn that seller got his 100 in style Shai 🙂
[13:28]   Gaurav A : now can we long?
[13:28]   RK : Gaurav only above IBL..
[13:28]   RK : or atleast 7800
[13:29]   Janak : i know RK I am a stylish man but what to do? i am rm saab’s chela ;
[13:29]   RK : ll
[13:29]   RK : lol
[13:29]   Kathir : stylish chela
[13:30]   Uttam : BNF falling badly
[13:31]   Shai : yes BNF
[13:33]   Uttam : broken the 16890 also
[13:35]   Shai : Can sell 2 lots of 7900 ce against the 8000 ce buy at 20/- each
[13:36]   Shai : 7778 is res now still and 7796 abv
[13:36]   Shai : 7788 is a stuck buyer who may come out on rise
[13:37]   Shai : High risk sell : Sell NF again near 7775- 7778 sl of 7798 tgt 7747/ 7725
[13:38]   RK : Yes that seller would save our shorts
[13:38]   RK : *buyer
[13:38]   Shai : sell near that wrb low
[13:38]   Janak : mostly bnf does 500 pts on such falls – so 735 can come?
[13:38]   RK : 7777
[13:39]   Bhagya : how do you say there was algo at 7777
[13:39]   Bhagya : asking for learning
[13:40]   Shai : about 500000 vol in those few ticks
[13:41]   Uttam : Shai can we buy Nov 7800 pe as hedge for the 8k dec longs?
[13:41]   Shai : and was a mkt buy order at 7774 some 1 put
[13:42]   Shai : Can Uttam
[13:42]   Uttam : thanks Shai
[13:42]   Shai : after this move 7900 ce is an easy sell for the rest of this week
[13:44]   Bhagya : but shai where is 5lakh qty selling. you have only 1.1 lakhs
[13:44]   Bhagya : also what about 7774 buy order
[13:46]   RK : Bhagya I think he absorbed all the orders in between 7800-7790..OF not showing that.
[13:46]   Uttam : Shai for BNF shorts selling a 16800 PE would make sense as a hedge?
[13:47]   Janak : that might be suicidal uttam – mkt is in a strong downtrend and shai has seen 7500 as series end
[13:47]   Uttam : thanks Janak
[13:47]   Shai : Bhagya on my tick chart it feel to 7774 met a buyer rose to 7792 for 18 points and dropped again
[13:48]   Shai : total vol between 7774- 7792 in those secs are above 5.15L
[13:48]   Janak : but yes as a hedge i guess shd be ok – shai can tell better
[13:48]   Janak : hedge means r u long?
[13:49]   Uttam : nope short BNF
[13:49]   Shai : total vol of that 5 min bar is 11L-50k
[13:49]   Uttam : thats y asking if shorting 16800 PE would make sense as hedge
[13:50]   RK : confusion is what spooked fall between 7801 to 7790..
[13:50]   Shai : Uttam BNF safer is 16500 pe
[13:50]   Uttam : ok thanks Shai
[13:50]   r m : 464325 at 7774 http://screencast.com/t/p68vzgWgLXD
[13:51]   Shai : thanks RM
[13:51]   r m : welcome
[13:51]   RK : RM nice
[13:51]   Shai : it’s as big as the 7876 seller
[13:52]   Tejpreet : So he covered.
[13:52]   Shai : avoid the NF sell call at 7775
[13:52]   Janak : thats a good cal shai i think
[13:53]   Shai : it’s good but risky
[13:54]   Janak : in any case we will have 7650-7600 by friday close
[13:55]   Uttam : it would be a double distribution trend day in NF today Shai if we balance here now?
[13:56]   Shai : yes
[13:57]   RK : Shai repairing anomalies and breaking down means ST top in place?
[14:02]   Tejpreet : Shai do the QT levels have any historical value or are valid only for that week, was going through the QT on prime levels sheet.
[14:03]   RK : Tej its only for week
[14:04]   r m : volumes node will change when that price area is traded
[14:04]   Tejpreet : Ok got it .Thanks.
[14:04]   RK : Yes
[14:04]   RK : dimples get filled then it loses its charm 🙂
[14:04]   r m : lol
[14:05]   Tejpreet : 🙂
[14:12]   Janak : rm stop dip buying man – let the sky fall;
[14:12]   r m : roger sir 🙂
[14:12]   Janak : atleast 7747 – uske baad sab aapka
[14:13]   r m : strange sky, will fall only till 10 points 😀
[14:14]   Janak : after that 100 in gap down hei na;
[14:14]   r m : ok, ungli pakadte pakadte … 🙂
[14:15]   Janak : kundli pakadli ;;
[14:15]   Vaibhav : lol
[14:15]   r m : lol
[14:16]   Vaibhav : aa gaya @janak
[14:17]   Janak : wah mere raja jiyo
[14:17]   r m : Janak running away with Nifty 🙂
[14:17]   r m : Banknifty in dowry 🙂
[14:22]   Janak : h aha
[14:23]   Shai : Buy 7700 pe at 56 sl of 31 tgt 76/ 99
[14:23]   Janak : (13:37) Shai :High risk sell : Sell NF again near 7775- 7778 sl of 7798 tgt 7747/ 7725
[14:26]   Shai : bounce t 7760 can again get sold off
[14:28]   Janak : close around 7675 poss shai?
[14:29]   Bhagya : 7714 is a crucial positional target. tomorrow if we break and trade below that then 7550 straight on cards
[14:31]   RK : lasst tue tail here around 7720-25
[14:31]   RK : last
[14:33]   RK : no not Tue
[14:34]   RK : Mon
[14:35]   Venkatesan : 16th nov rk ji
[14:35]   Vaibhav : shai.pl update on dec 8000ce
[14:35]   RK : Yes Venkat
[14:40]   Shai : Vaibhav was a longer term positional play – hold for now will update at close or open tom – but it should not break 70
[14:40]   Vaibhav : ok
[14:41]   Sandeep : we hedged that ce with 7900 ce sell for now
[14:41]   Shai : there is short term weakness which has come on those heavy vols at 7785 , so suggested selling 7900 ce or a PE against that
[14:41]   Shai : 8000 ce was a dec option
[14:42]   Sandeep : yes shai
[14:43]   Gaurav A : shai double bottom on nifty fut abv what levle buying suggested if low holds?
[14:44]   Janak : everytime NS falls around 90 pts – it goes on to do 110-20 – so logical trade here is……
[14:44]   Shai : Gaurav spot has gone weak below 7800 now
[14:47]   Gaurav A : I exited all longs @7820 for fresh long ref levels will be ?
[14:48]   Gaurav A : thanks for your previous update
[14:50]   Janak : shai 16kpe is around 34 – can do 60-70 in a day or two?
[14:51]   Shai : yes possible
[14:52]   Shai : looking to sell BNF higher with sl of 17050 for 16500
[14:52]   Varun : shai has the 5 lakh guy exited
[14:53]   Varun : and was thr any short of tht value upside ?
[14:53]   Shai : yes was a big short yesterday at 7876
[14:53]   Varun : around 2 lakhs
[14:54]   Shai : stll there in the day OF of yesterday on chart
[14:54]   Varun : thanks
[15:08]   RK : RM can you confirm MO pls?
[15:10]   Venkatesan : -21 rk
[15:11]   RK : thanks Venkat..RM is allowing more room then 🙂
[15:11]   r m : 🙂
[15:11]   Venkatesan : ;))))))
[15:13]   Shai : looks like a 7725- 7788 range tom with another trend lower below 7725
[15:13]   Shai : once again neutral extreme gives a trend day
[15:13]   Shai : sorry neutral center**
[15:13]   RK : yday was a neutral center..right?
[15:13]   Janak : shai no gap down tom?
[15:14]   Venkatesan : shai 16th buying tail erased nah?
[15:15]   Venkatesan : and poor low 2day ji in nf?
[15:16]   Shai : yes RK an NC
[15:16]   Shai : Yes Venkatesan buy prints gone
[15:17]   Shai : is a poor low and close at lows
[15:17]   r m : @Venkatesan, it was a very short tail like a pug’s 😀
[15:17]   r m : http://screencast.com/t/yLAHjoQpT
[15:17]   Shai : Janak a gap up is an eyes clsed short
[15:17]   Shai : 🙂
[15:19]   RK : I know someone averaging BNF from 17600 till 17050..dont know if he has gone for it again today..
[15:20]   RK : making perfect low now
[15:20]   Vaibhav : bnf averaging??? guy got guts
[15:20]   RK : poor low
[15:20]   RK : Vaibhav then what will you say about a guy who averages gold in multiple of 10 mega lots 🙂
[15:21]   Porus : Shai, PL, PH today does not cont, right?
[15:21]   Porus : *count
[15:21]   Vaibhav : oh ! my cousin did that with silver ..lost 5cr
[15:21]   RK : He runs Jewellery shop in Coimbatore and addictive to gold trades..I have seen once he held positions for some >1crores 🙂
[15:22]   RK : all intra that tme
[15:23]   Vaibhav : #addiction the right word @rk
[15:23]   Shai : Poor Low counts as it was previous singles Porus
[15:23]   Shai : but PH does not as i was within range
[15:24]   Porus : with 3 tpos is theere really a PL?
[15:24]   Varun : very poor low
[15:24]   Varun : its weak as well as poor low
[15:24]   Venkatesan : :)))))) lol at varun
[15:25]   Shai : yes Porus over an hour
[15:25]   Porus : will it attract or repel price?
[15:25]   Varun : for todsay down move stretched
[15:25]   Shai : attarct and should break
[15:25]   Varun : but tmrw price hads high chance of breking it
[15:25]   Varun : breaking
[15:25]   RK : you guys jinxed it 🙂
[15:26]   r m : 🙂
[15:26]   RK : I had to think about covering shorts then 🙂
[15:26]   RK : *have to
[15:29]   Shai : 🙂
[15:29]   Shai : The last time RK covered shorts at 7560 the NF rose to 8330 🙂
[15:29]   Venkatesan : :))))))))
[15:30]   r m : beware of RK’s shorts 🙂
[15:30]   RK : Shai no..holding them 🙂
[15:30]   Venkatesan : matlab such a huge cover?
[15:30]   Shai : haha
[15:30]   RK : only closed few shorts in stocks 🙂
[15:30]   Varun : this is how a trend day should end
[15:30]   Shai : Have a good evening all
[15:30]   Shai : bye
[15:30]   Varun : not like the bullish one
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   RK : thanks and bye all..
[15:30]   Venkatesan : thank you all
[15:30]   Gaurav A : bye all
[15:30]   Ashish : Bye all
[15:30]   Tejpreet : Bye All.
[15:30]   RK : any low close on weekdays is good to continue trend Varun 🙂
[15:31]   RK : Monday low close is dangerous 🙂
[15:36]   Porus : bye all

Get Image Orderflow Charts And Notes 17/11/15

Custom Chat Transcript

Room Name: Vtrender
Date and Time: November 18, 2015 09:04:12

[09:16]   Shankar : Shai your views on IRB please
[09:25]   Shai : IRB nice move intra res today at 253.6 but on dips can be bought for 259/ 267
[09:25]   Shai : supp at 246 for next 3- 5 sessions
[09:27]   Shankar : thanks Shai
[09:28]   Janak : infy is proving to be a good overnight sell
[09:28]   Janak : daily gap downs
[09:34]   Vikkas : shai can u pls chk L&T ?
[09:35]   Vikkas : asian paints as well
[09:39]   Shai : LT looking good for a positional play with sl below 1303
[09:39]   Shai : can see 1393 if it closes abv 1360 n next 1-3 sesions
[09:39]   Vaibhav : can infy be bought for intra bounce shai?
[09:40]   Shai : asian open drive for 824.7
[09:40]   Shai : sl below 810 or buy all dip stll 810 holds
[09:41]   Shai : infy looks like an OAOR, best is to buy abv 1 hour high with sl at vwap
[09:42]   Vikkas : thanx shai
[09:44]   Vikkas : shai view on drreddy ?
[09:46]   Sandeep : shai, your views on axis for short?
[09:55]   Ashish : Shai, look @ Eicher motors, high is only 8 points away from your 1st target of 15933 🙂
[09:56]   Gaurav : HDFC Ltd looking safe for longs Shai?
[09:56]   Shankar : Shai, can one long asianpaints at cur lvs?
[10:04]   Shai : dr reddy driving down again – may hit 3295/ 3282 sl abv 3425 for now
[10:05]   Vikkas : thanx shai
[10:05]   Shai : axis weak at the open but has support at 469/ 470 on intra
[10:06]   Shai : Ashish great pick on Eicher . +1
[10:08]   Shai : hdfc- I’ll be positive as long as it stays abv 1185 for now , even then safety for a positional play is a weekly close abv 1203
[10:08]   Shai : avoid longs below 1185 as 1160 can come swifty
[10:09]   Shai : Shankar asian take if planning to hold for few sessions, intra day may run out around 824
[10:10]   Vikkas : asian seen some good volumes
[10:11]   RK : Asian after that dip to 788 on Bihar news, rebound sharply and made good base around 800 for last 3 days..so as Shai said, buying dips to 810 with 800 stop might help for positional..multi lots means part here and rest at 810-815
[10:12]   Ashish : Thanks Shai 🙂
[10:12]   Shai : Thanks RK
[10:12]   Vikkas : agreed Rk
[10:13]   Shai : seeig a drive here off yestwrday POC in Asian , hence though it was a good spot and pick
[10:13]   Shai : around 834 is the earlier seller wh should be met on tsi drive up
[10:14]   RK : Yes shai
[10:14]   Vikkas : shai is maruti a short here ?
[10:15]   RK : Vikkas looking to add long here 🙂
[10:16]   Vikkas : was looking at a dip towards 4560 types to go long RK..but thanxs will avoid shorting
[10:16]   Ashish : Shai, Bforge support levels?
[10:17]   R Goel : @rk, @vikkas, how many stocks do you guys usually track, are they fixed or change depending on volume or other indicators
[10:17]   Shankar : Thanks Shai,RK
[10:18]   Shai : Maruti could be consolidating post that big move – am not looking for a big trending move still 4664-4572 for now with extensions at 4523 and 4716
[10:18]   Vikkas : @RG RK is the man to ask this question ..hes got me also on track ..i had the same question few mnths back .. 🙂
[10:19]   Shai : bforge 849 intra and 837 weekly as supp
[10:21]   Ashish : Thanks Shai
[10:22]   RK : RG mywatchlist is around 20 stocks which is like about 2 stocks from a sector..and my criteria is daily vol > 75-100 crores and mostly all are large caps..out of 20, will get 4-5 swing entries per day and max would hold 10-12 stocks apart from NF and BNF..
[10:23]   Uttam : super RK am in the process of short listing stocks as right now have around 30+ i think
[10:24]   R Goel : hmm thanks rk
[10:24]   R Goel : same here have a lot of stocks to think abt and tht creates lot of confusion around
[10:25]   Gaurav : shai your views on relinfra ?
[10:26]   R Goel : Rk one question from auto i have seen you usually dicussing abt m&m and maruthi but not tata motors even though the volume is on the higher side for ttm
[10:27]   RK : RG had replaced TTM with M&M..TTM though good on volumes has produced many whips for trend following..
[10:27]   RK : now TTM playing only on long side whenever dip happens..
[10:28]   RK : I prefer stocks which are good in swing in nature..
[10:28]   RK : Hero,Maruti and M&M looks good for swing as of now
[10:28]   R Goel : i see this those comon stocks usually has lot of whips and then swing
[10:29]   R Goel : ttm, tatastell, icici, dlf
[10:29]   Shai : reinfra good move – but may run out around 423 . If in longs try booking few
[10:30]   RK : RG this may sound silly or funny..but I choose stocks which have price > 400 and bigger the price better the moves with turnover > 100 crores.. 🙂
[10:30]   RK : smaller the price higher the whips is what I feel with some systems and strategies
[10:30]   R Goel : hmm thanks rk for yr advice 🙂
[10:34]   RK : I experience that stock@2000 makes faster move of 20 than stock@200 makes move of 2..
[10:35]   Vikkas : +1 RK
[10:48]   RK : these are stocks in my watchlist – Asian,Axis,BPCL,DRREDDY,HCL,HDFC,HERO,HUL,Lic,LT,M&M,Maruti,TCS
[10:49]   RK : above stocks will enter all entries and below list will get in only after some strong conviction
[10:49]   RK : ACC,Relcap,TTM,Tatasteel and Ultraceem
[10:50]   R Goel : hmm thanks rk for sharing the same
[10:50]   RK : Welcome 🙂
[10:53]   Soumya : Shai please tell the positional levels of NSE: TRIVENI
[10:53]   Tejpreet : Shai views on TCS for positional play in DEC series.
[10:58]   Shai : Triveni long term levels : for now back to 42 for next 1-3 months with sl of 26 and 2016 should do 42 to 78 again sl of 26 closing basis
[10:59]   Shai : important that it absorbs 42- 76 very well before any further march ups
[11:02]   Shai : tcs don’t have a clear view for dec yet but for now this week 2350 is a supp and closing below 2350 is bearish weekly
[11:03]   Tejpreet : Thanks Shai.
[11:10]   Ashish : Shai, UPL targets for the week?
[11:12]   Soumya : In 2016 should do 42 to 78?
[11:12]   Gaurav : Shai kindly suggest if PFC is good for positionsl ongs ?
[11:23]   Soumya : thank you shai for detailed analysis
[11:25]   Shai : Once abv 42 sould move to 76-78 kind of levels
[11:25]   Shai : +/- a few points as it is weekly 42
[11:26]   Shai : upl for 456 today’s supp is 450
[11:27]   Shai : 444 is a good supp into next week also
[11:28]   Ashish : Thanks Shai
[11:29]   Shai : pfc price wise still headed lower to 212 in the immediate 1- 2 sessions but still the downtrend is strong and not shoing signs of a sideways move
[11:30]   Shai : positional buy comes when you see a lateral move
[11:33]   Gaurav : thanks shai
[11:42]   Ashish : Shai, can short Wockpharma here?
[12:16]   Ashish : Leave it Shai, booked shorts. 25 points in pocket 🙂
[12:17]   RK : someone is busy in such grinding too 🙂
[12:17]   Ashish : hahaha RK…
[12:18]   Shai : good one Ashish- went for an extended coffee break and missed that
[12:18]   Shai : holding abirla?
[12:19]   Ashish : Exited @ 1980 🙁
[12:19]   Ashish : Oh teri, 2000 now 🙁
[12:20]   RK : M&M nice move Shai
[12:22]   Shai : if 1980 holds now and closes abv 2007 can do 2086 abirla
[12:22]   Shai : Nice one RK
[12:22]   Ashish : Will watch it Shai, thanks
[12:22]   RK : nd HCL too that short around 860 made good rotation today..
[12:52]   Ashish : @RK, What level are you looking for longs in Maruti?
[12:54]   RK : if today, then only above day high..based on today’s close will decide tmw..
[12:55]   RK : I expected 4580-90 to hold but its gone..so has to wait for longs..it will act crazy when that profit booking happens..
[12:55]   Ashish : Thanks a lot RK 🙂
[12:58]   RK : but if it dips further below 4550, then with 4500 stop can try long there..only for adventourous buddies 🙂
[12:58]   RK : Shai’s extension no 4523 is super strong..must offer min 1-2 bounce
[12:59]   Ashish : Ok RK
[13:00]   Ashish : oh missed that message from Shai… will check stock sheet now
[13:20]   Vaibhav : hero moto a buy here shai?
[13:22]   Vaibhav : also, ongc support levels pl
[13:24]   Shai : hero not yet a buy – watch 2612 for a buy abv trigger
[13:25]   Shai : ongc weakening may drop to 222
[13:30]   RK : LT can crack here
[14:00]   Vaibhav : shai pl check bank of india
[14:14]   Gaurav : Axis can drop to what levels Shai if NF and BNF are going down?
[14:15]   Gaurav : Axis Bank
[14:18]   Shai : bankindia weak for 126.6 and 125.2
[14:18]   Vaibhav : thx
[14:18]   Shai : axis to 461 and 452
[14:19]   Gaurav : Thanks Shai
[14:23]   Shankar : Shai is IRB seeing support at around 249?
[14:25]   Shai : 246 still a ebtter supp in IRB
[14:25]   Shai : some short covering there at 249
[14:25]   Shankar : ok thanks
[14:50]   Shai : anyone know the usdinr low of the week in F?
[14:52]   Ashish : 66.0225 Shai
[14:52]   Ashish : current week low
[14:56]   Shai : Thanks Ashish
[14:57]   Shai : also does not point at higher levels for stocks
[14:57]   RK : Shai dont get it
[15:00]   Shai : currency headed to 67 plus RK – there was an old balance high at 66 which has been tested and reversed
[15:01]   RK : got it..
[15:02]   r m : USDINR daily http://screencast.com/t/2gV1PxFsx
[15:03]   RK : thanks RM
[15:04]   r m : welcome
[15:28]   Shai : maruti tested supp is a 40 point short to 4480 if it breaks imm tom
[15:28]   Shai : have to watch 4570 on upsides if any