OrderFlow charts and Notes 18/09/15

[08:37]   r m : Good Morning folks!
[08:37]   r m : http://vtrender.com/levels-and-plan-for-18th-sept-2/
[08:37]   r m : http://vtrender.com/orderflow-charts-and-notes-150915-2/
[08:38]   r m : http://vtrender.com/consolidated-orderflow-160915/
[08:38]   r m : http://vtrender.com/holiday-musings-1/
[08:38]   r m : Nifty SEP Future levels | KRA 7920 | Open above 8003 or below 7789 is an outlier
[08:38]   r m : Banknifty SEP Future levels | KRA 17030 | Open above 17247 or below 16553 is an outlier
[08:52]   Chandrashekhar : GM r m
[08:55]   r m : Hi Chandrashekhar
[08:55]   Ashish : GM Rm and friends
[08:56]   r m : Hi Ashish
[08:56]   Moses : GM rm and all
[08:56]   r m : Hi Moses
[08:57]   Augustin : GM aall
[08:57]   Shai : GM all
[08:59]   Shankar : GM all
[09:02]   Vikkas C : Hi RM
[09:02]   Vikkas C : Gdmrng all
[09:02]   r m : Hi Vikkas
[09:04]   Chandrashekhar : thanks r m and shai, other wise would have taken that 7850 ce+pe at 250ish only to see the premium eroding today 🙂
[09:05]   r m : welcome Chandrashekhar 🙂
[09:05]   Srini A : GM All
[09:05]   r m : Writers are wise people, they build all risk in premiums 🙂
[09:05]   r m : only time they were caught with their pants down was in 2009 elections 😀
[09:06]   Chandrashekhar : hahaha, i was on the right side and made good money
[09:06]   Chandrashekhar : had loads of CE’s 🙂
[09:07]   Girish : GM everyone !
[09:08]   Tejpreet : GM All
[09:09]   Porus : GM all
[09:09]   Sharad : GM all
[09:09]   Bhagya : today IV’s will shrink at the open itself in a big way and see both Call and Puts premium eroding. The best trade for those who were bullish on FED meet was to sell PUTS rather than buying calls
[09:11]   Girish : True that – ahead of any event when VIX is high, it’s better to short options than to go long on them. Have experienced this with trading positions in the past ! Just adding my 2c
[09:12]   Shai : Nifty pre mkt update : bullish abv 7920 all day for 7964/ 7982 and 8003
[09:12]   Aayush : and those who are holding short options.. shall wait to exit or exit at opening.. ?
[09:12]   Shai : BankNifty pre mkt update : bullish abv 17040 for 17182 , 17247-17284
[09:13]   Santosh : Gm all
[09:13]   Uttam : BNF 2nd tgt us 17482 right Shai
[09:13]   Uttam : 3rd tgt sorry
[09:13]   Shai : Can exit in 1st 30mins Aayush
[09:15]   Shai : broad pattern is bullish abv 3 day balance of 16930/ 7892 with sl of 16800 and 7850
[09:18]   Shai : vix at 19
[09:18]   RK : GM Shai,RM and al
[09:18]   RK : all
[09:18]   Uttam : GM everyone 🙂
[09:18]   Shai : open can see 7988
[09:18]   Augustin : @Shai – Can take 8000pe close to 8000 spot?
[09:19]   Shai : wait
[09:20]   Augustin : Ok
[09:21]   r m : Hi RK
[09:23]   Shai : sellers are coming in in NF and BNF but will not get leverge till abv 7965/ 17194
[09:31]   Shai : Buy BNF in 2 parts 17320 here and at 17270 below sl of 17160 tgt 17412 an 17484
[09:35]   Shai : BNF looking more like a drive upwards and hence we are buildinga long position there at this open
[09:35]   Uttam : done
[09:36]   Shai : NF looks a biggish OAOR, but if BNF takes off can move upto 8003/ 8023 also
[09:40]   Uttam : ref level for NF long will be 7965 or do we place a SL below day low?
[09:40]   Shai : day low better
[09:41]   r m : NF above single prints from the beginning of the seires http://screencast.com/t/C010qPoxLBb
[09:41]   Uttam : thanks Shai
[09:41]   RK : Shai first 30 min vol on 24th Aug, 30 lacs?
[09:41]   RK : or more than that?
[09:41]   Uttam : yes RM Bank Nifty also above the monthly OH start it had of 16985
[09:42]   Suyash : Wow this is some drive. Already 300pt IB in BNF and not stopping
[09:43]   Shai : was around 30 L that day aug 24
[09:46]   RK : we have done 27Lacs now..so this low would be a decider for some time?
[09:47]   RK : and here some shorts are covering
[09:49]   Bhagya : bank nifty 30 minutes unable to watch
[09:49]   Shai : if NF looks to close abv 8003 today, then longs will go for 8096 at mon open
[09:51]   Bhagya : 8028-30 is a strong resistance zone. Markets are on the buy side for intraday but no positive order flows on the rise
[09:52]   Sandeep : shai any trade in nf here
[09:55]   Sandeep : shai ?
[09:56]   Bhagya : there are literally no buyer in order flow from 17240 to 17400. I see 17430 as max for this upmove in bank nifty and then will see if resists, chance to short with stoploss 17350
[09:56]   Uttam : we have a buying tail plus gap today at both NF & BNF right?
[09:58]   RK : looks like there are some team who strongly believes in India Sell story..they print reds whenever it rises..as they say, someone gonna hurt badly next week 🙂
[09:59]   Shai : BNF book 50% at 17420 hold bal at cost 17320
[10:00]   Varun : which dates ref shld wwe take for 8000 profile
[10:01]   Varun : when were we alst around 8000
[10:01]   RK : 24th Aug breakdown Varun below 8k
[10:02]   Varun : thnks rk
[10:03]   Varun : no roadblocks till 8060
[10:04]   Sandeep : 9:52 Sandeep : shai any trade in nf here
[10:05]   r m : http://screencast.com/t/gFchjL1cq
[10:05]   Shai : Sanddep I missed the query but we were looking for 8003/ 8023
[10:05]   Sandeep : thats almost done
[10:06]   Sandeep : great shai
[10:06]   Shai : (09:36) Shai :NF looks a biggish OAOR, but if BNF takes off can move upto 8003/ 8023 also
[10:06]   Aayush : can hold the existing long?
[10:06]   Rahul P : reds building up…it that an indication for caution ?
[10:07]   Uttam : BNF 2nd target also done Shai, book out or trail SL?
[10:07]   Varun : @rm i was looking at this, slight diffferent http://vtrender.com/levels-and-plan-for-26th-aug-2/
[10:07]   Shai : Reds mean a pull back is coming when this IB hour is done
[10:07]   Shai : we are not pushing new longs here as risk is higher
[10:07]   Rahul P : superb
[10:07]   Sandeep : no shorts either , right
[10:07]   Shai : can book all BNF
[10:08]   r m : Yes Varun, but that is AUG series
[10:09]   Varun : ok so uve adjusted with sept futres
[10:10]   r m : this is SEP Future only
[10:10]   r m : all data is from sep future
[10:10]   Varun : cool, nice
[10:10]   Varun : 🙂
[10:11]   Kathir : GM shai RM all friends
[10:11]   r m : whole yo-yo went like this in SEP Futures 🙂 http://screencast.com/t/JyK54seCBD
[10:11]   Shai : no shorts as open is of drive and getting attracted to HVN of 8094 from 28/08
[10:11]   Shai : scale into longs for that tgt
[10:11]   Shai : prefer a pull back to vwap
[10:14]   Vikkas C : shai the daily is showing only red building up ??
[10:15]   RK : Vikkas let us hope old longs booking profits causing these reds 🙂
[10:16]   Vikkas C : but soo many RK is my concern
[10:16]   RK : we had somany greens too when dipped all through last week
[10:17]   Vikkas C : 🙂
[10:17]   Shai : IB is done
[10:17]   Shai : still driving up
[10:19]   Tejpreet : Booked out evrything …Can we look at oct 8000 put now Shai looks good around 145 or wait .
[10:19]   Shai : has to enter IBH again for a short entry
[10:20]   r m : @TP, beware, vwap bands are opening up 🙂
[10:20]   Shai : all I can think about now is that particapnts have given up on futures and are buying huge in cash
[10:20]   Tejpreet : OK.. ist buy trigered at 145 …will wait for next …
[10:20]   Shai : this looks like massive cash basket buying
[10:21]   Tejpreet : Yes cash volumes are good .
[10:21]   Tejpreet : Maybe they got inkling that Yellen did not do it …RR will do it.
[10:22]   Soumya : any stock that particularly stands out shai for a long trade?
[10:23]   Soumya : Holland now says 10,000 on Nifty by year end !!
[10:23]   Soumya : He is from Ambit – right? Do they change their views daily?
[10:24]   RK : Shai thats quite possible..Axis, Hero,LIC and all is already crossing 40-50% of 21day volumes in this 1 hour of trading
[10:25]   r m : @Soumya, only once they have done their buying or selling 🙂
[10:27]   Kathir : @RM when is this lot size is changing ..
[10:27]   Vikkas C : @kathir from nov 2015
[10:28]   Kathir : thanks vikkas ..so nf will be 75 and bnf 30 right?
[10:30]   r m : yes Kathir
[10:31]   Kathir : thanks RM sir ..50 for nf should be better I feel
[10:33]   r m : SEBI does not give a damn about how we feel, it gave weightage to its own and BSE’s view 🙂
[10:34]   r m : BSE has almost nil stake in fno markets so it gladly supported SEBI’s view seeing it as getting even with NSE 😀
[10:35]   RK : from Nov, I have to get out from many stocks..only NF and BNF positionals with some stocks..tough game 🙂
[10:36]   r m : Option liquidity in stocks like SBIN, INFY may become even better now with more traders shifiting to options
[10:36]   Kathir : @RK put all your profits back into trading ..:)
[10:37]   RK : we have to study them before taking posns RM
[10:37]   RK : Kathir very risky with such lot size for swing trading..TTM and RELcap with 1300 lot size will erase account fast 🙂
[10:38]   r m : yes RK, options do better when trading support and resistances, almost useless for trading breakouts, failed breakouts cost much more than successful breakouts earn with options
[10:38]   Kathir : @ yes RK true
[10:38]   RK : Yes RM
[10:41]   Rahul A : Hi.. gm to all..
[10:41]   Vikkas C : @RK did u go home long on wednesday ?
[10:42]   Vikkas C : how many ppl went long on wednesday ?
[10:42]   Vikkas C : claps for them
[10:43]   Rahul P : shai, any case for shorts ?? I think this is lookign nasty
[10:44]   Tejpreet : I guess Vikkas most of us went home with free hands …to clap now 😉
[10:44]   Vikkas C : haha Tej
[10:45]   r m : Clapped for those who went home with “Kaash main bhee … ” 😀
[10:45]   r m : buying options was useless and did not have guts to write options 😀
[10:46]   Shai : NF short in on for 8002 but sl is 8047 cmp 8023
[10:47]   Jay null : shai instead short buy at 8002 for 8094?
[10:48]   Shai : yes can do that also
[10:48]   RK : Vikkas 8/11 longs incl Nf and BNF 🙂
[10:48]   Vikkas C : superb RK … claps for the DOC
[10:48]   Ashish : Claps RK 🙂
[10:48]   RK : but yet to reach break even may be by close if we dont dip big 🙂
[10:48]   r m : great RK 🙂
[10:49]   RK : had a hectic week na with whips..
[10:49]   Kathir : nice RK congrats
[10:49]   Tejpreet : Claps RK
[10:49]   r m : yes RK, except for the initial week ,this series has ben whips only
[10:49]   Vikkas C : RK u shud start a blog and give gyaan to us as well ..bloody fear of losing money always keeps my from following my system
[10:50]   r m : @Vikkas, RK used to write on his blog about traing crude oil, i was terrified even reading about it 😀
[10:51]   Vikkas C : he has a blog ..what where
[10:51]   RK : RM :))
[10:51]   Vikkas C : can u send the link ?
[10:52]   r m : http://www.assortz.blogspot.in/
[10:52]   RK : Vikkas all those were amature thing..so leave it..but trend following should be the only gyaan I can say to get it right..what may come, follow system 🙂
[10:54]   Vikkas C : 🙂
[10:54]   Vikkas C : thanx RM
[10:54]   r m : welcome 🙂
[10:56]   RK : RM many things I read now what we discussed invites great laugh now :)..especially those 1 crore post 🙂
[10:57]   Shai : buy BNF again 17555 sl of 17460 tgt 17648/ 17753
[10:57]   r m : @RK, 🙂
[10:58]   RK : all the reds in last candle and continuing now, I desparately want to believe that Fut longs are squared and cash buying happening..If you guys dip it today then thats not fair 🙂
[11:00]   r m : 🙂 :
[11:09]   Augustin : @Shai – BNF can be shorted below IBH?
[11:10]   Shai : BNF I feel is a buy on dips
[11:10]   Shai : it’s running up to Rajan
[11:11]   Augustin : ok
[11:11]   Jay null : shai incase u see nf nof going towards 8002, pls buzz
[11:12]   Shai : ok
[11:20]   Shai : exit the BNF long for now at 17525- looking rotational into europe. we will get long again later
[11:22]   Uttam : ok Shai
[11:24]   Shankar : news via Reuters “RBI Governor Rajan: Aug 3.6 pct CPI print is excessively low due to base effect, if you remove base effect it would be around mid 5 pct”
[11:25]   r m : lol
[11:26]   Anay : excuses 😀
[11:26]   RK : Man! he joins the club of yellen to make you people wait like hell 🙂
[11:26]   RK : purpose is different but process is same 🙂
[11:28]   Vikkas C : what kinda day structure are we making in NF and BNF ?
[11:31]   Shai : largish IB so not a trend day could be a NV with vwap being crucial all day
[11:34]   Vikkas C : ok thnx shai
[11:38]   Shai : Enter a NF long trade abv 8046 sl of 8017 tgt 8092
[11:38]   Rahul P : could be a B shaped profile today
[11:39]   Rahul P : sorry P shaped
[11:39]   Shai : good less qty, orderflow makes the trade a bit tricky
[11:39]   Shai : but structure would give us a NV tgt with sl near vwap
[11:40]   Shai : BNF can see 17857 F from here but sl is that anomaly low of 17390
[11:41]   Shai : that 18000 ce is a good trade here, though we will have to close it by 3.30 as today friday
[11:42]   Shai : if in NF shorts exit anb 8046 as not safe abv IBH
[11:44]   Uttam : SL for 18000 CE will be day’s low shai?
[11:45]   Uttam : or 45?
[11:48]   Vikkas C : total disbelief rally
[11:49]   Tejpreet : The more the reds come …higher it goes 🙂
[11:52]   Vikkas C : 🙂
[11:54]   RK : Shai with the greens printed sofar, can we infer that there are still many shorts stuck in the system?
[11:56]   Shai : this is a day traders rally
[11:57]   Shai : I’ll be watching the last hour move today as that holds the cues for expiry next week
[11:57]   Uttam : why day trader’s rally Shai?
[11:58]   RK : and also dip to IBH/VWAP would offer some clues how auction takes place there..
[12:04]   Varun : @shai can we have weekly volume profiles every weekend
[12:05]   Varun : We have tpo weeklyAlready
[12:05]   Varun : And some ref of previous weeks alongside
[12:07]   Shai : we o have them no? the weeklies
[12:08]   Varun : I saw weekly but thy were tpo based..
[12:08]   Uttam : weekly are spot levels right Shai?
[12:09]   Shai : ok- will post the weekly F vol profile
[12:09]   Varun : Thanks a ton.
[12:11]   RK : now this move in BNF frieghtens longs 🙂
[12:13]   Shai : 17648 was where the poor high was on 28/08
[12:13]   Shai : there is a void right abv
[12:14]   Kathir : USD near monthly supp
[12:14]   RK : Yes just checked it..I wonder if this had so much stamina under belly to jump all hurdles in one jump..better let them do is slowly with a pause and grind here 🙂
[12:14]   RK : *do it
[12:22]   Ashish : Shai, what’s “Finish”in daily candle chart bottom pane?
[12:23]   Shai : It’s another way to relate to Delta instead of difference it notes the finish value of delta at any price
[12:27]   Ashish : OK Shai…
[12:35]   Ashish : Europe opens red
[12:46]   Ashish : Nifty @ IB high and vwap close to
[12:46]   Sandeep : those reds on daily profile are scary 🙂
[12:49]   Vikkas C : exactly i the same in asked in the mrng @sandeep
[13:01]   Shai : exit the NF long trade at 8027 now
[13:03]   Aayush : shai, have noticed this lot of times, whats the diff between vwap here and ATP at odin?
[13:04]   r m : this is volume weighted average price, ATP is just average price
[13:05]   Aayush : bt atp also takes care of vol.. doesnt it?
[13:05]   r m : if it takes care of volume then it should be vwap
[13:05]   r m : not atp
[13:06]   Aayush : okk.. had this misconception from long.. thanx for correcting..
[13:06]   r m : vwma is closer to vwap, but vwap is for an entire day or week or month whereas vwma is for a number of bars
[13:12]   r m : calculation of vwap – http://tinyurl.com/m57eajv
[13:13]   r m : ATP calculation is just add the price of all ticks and divide by number of ticks
[13:19]   Shai : Re Buy BNF again 17535 sl of 17440 tgt 17640/ 17850 . 17850 will be BTST
[13:24]   Rahul P : shai, any case for nf short below vwap ?
[13:25]   Shai : yes can short below vwap
[13:26]   Shai : BNF orderflow still good abv 17450 but NF is a major issue
[13:27]   Shai : problem for the NF shorts haowver is price over vwap on day
[13:27]   Shai : as long as vwap remains the shorts can get squeezed out slowly by close
[13:27]   Tejpreet : Shai what kind of close are we looking at NF …at days high ?
[13:27]   Shai : but below vwap can see 7982 again
[13:28]   Shai : Tejpreet if IBH stays till 2.15 then close at day highs
[13:29]   Tejpreet : Got it ..Thanks …both sticking around IBH for now.
[13:45]   RK : this spike is for good?
[13:46]   Varun : yes till ibh holds
[13:46]   Sandeep : too much silence today
[13:46]   Sandeep : here
[13:46]   RK : Yes
[13:47]   Tejpreet : Maybe silence of the lamb …those who holding shorts like me 🙂
[13:47]   Sandeep : looks like
[13:47]   Sandeep : 🙂
[13:47]   Vikkas C : yeah tej im short too .. 🙂
[13:47]   r m : 🙂
[13:48]   RK : OMG lambs or thirsty bears? 🙂
[13:48]   Tejpreet : 🙂
[13:48]   Sandeep : only time will tell
[13:48]   r m : one green tick and bears become lambish 😀
[13:49]   Tejpreet : Yeah to day bears could turn into lamb mince …the slaughter being held back by reds in Europe.
[13:49]   Shai : Bears have a chance at the close today I feel if this orderflow remains
[13:50]   Shai : will be looking to get into puts at 8092 for a revisist to reapir the orderflow
[13:50]   Sandeep : but first push it to 8092
[13:50]   Sandeep : 🙂
[13:50]   Shai : ask BNF- it’s doing it since open 🙂
[13:51]   Sandeep : ya long in there
[13:51]   RK : 17850 will make it special to me 🙂
[13:51]   RK : 810 is also fine
[13:51]   Sandeep : day high again would be fine with me
[13:52]   RK : Monday or Tuesday
[13:52]   Shai : BNF already 550 done whch is par for the course on a trend day but I’ve seen it pull up an extra gear after 2.40 hence went long near IBH again
[13:52]   Shai : but if not should d it on MOn that 17850
[13:52]   Sandeep : will hold then
[13:52]   Kathir : Info : MO @ 71 now
[13:52]   Shai : already
[13:53]   RK : oh here comes party spoiler 🙂
[13:53]   RK : Kathir pls recheck..I doubt..
[13:53]   Shai : RM has been feeding it steroids when we were on holiday?
[13:53]   Vikkas C : rm’s sheet currently showing +45
[13:53]   r m : lol
[13:53]   Kathir : @RK master RM has to confirm now
[13:54]   r m : it is below 45
[13:54]   RK : it seems..how could it buldge overnight so much? 🙂
[13:54]   r m : was at 45 some time back when bulls were rampaging
[13:54]   RK : Yeah RM my saviour 🙂
[13:55]   RK : we wont cross 50 today..what else there is still to advance..may be we can have some decline
[13:55]   Shankar : RM sir what are the levels for Desi MO at which bulls and bears should be careful?
[13:55]   Kathir : oops RK it is + 42 now
[13:55]   r m : looks like bears have bribed Kathir 🙂
[13:55]   Uttam : he he relief for RK
[13:55]   r m : @Shankar Sir, +-60 🙂
[13:55]   RK : Kathir we can settle anything in nice manner not like this 🙂
[13:55]   Kathir : RM lol
[13:56]   r m : lol
[13:56]   Shai : Yeah Kathir 42 more like it – 75 would have been something
[13:56]   Kathir : sure RK 🙂 after reading my 71 hope long guys were shocked 🙂
[13:57]   RK : I would have squared all my positions in a single click 🙂
[13:57]   Shankar : where can we find this chart RM sir?
[13:57]   Vikkas C : u all ppl are against the bears ..and hes not liking it one bit ..when he strikes he will strike hard this time .. :p
[13:57]   Kathir : yes shai actually i checked for 19th sep which is tomorrow 🙂
[13:57]   r m : @Shankar, chart is posted EOD on vtrender
[13:58]   r m : Kathir is referring to this sheet http://tinyurl.com/qauc969
[13:58]   Shankar : thanks
[13:59]   r m : @Shankar, can we drop this sir business, I feel like a fakeguru when someone addresses me like that 😀
[13:59]   Shankar : ok RM 🙂
[14:00]   Vikkas C : shai can u pls chk 7400pe of oct..some huge volumes happening there ?
[14:00]   Vikkas C : guys anyeone pls chk and confirm
[14:01]   Kathir : @shankar call RM and then you can say sir 🙂
[14:01]   Kathir : I mean to his mobile
[14:02]   Shankar : 😉
[14:05]   Kathir : @shankar ou in chennai ?
[14:12]   Varun : shai this 10 lakh is 10 lkah lots or 10 lakh as qty in oflow
[14:13]   Shankar : Yes Kathir
[14:13]   Shai : 10 L qty
[14:13]   Tejpreet : Time for a dip now .
[14:13]   Varun : cool
[14:14]   Bhagya : Sold Bank nifty fut now at 17550 with stoploss of 17610
[14:14]   RK : Varun where do we have 10L ?
[14:15]   Vikkas C : in daily
[14:15]   Vikkas C : *on
[14:15]   Vikkas C : just abv POC
[14:16]   RK : fine
[14:16]   Varun : 30’s
[14:16]   Bhagya : nifty an bank nifty ready for bungee jumping
[14:19]   Vikkas C : shai big sellers here :s
[14:19]   Kiran : BNF delta of day 0
[14:19]   Tejpreet : Europe almost 2 % down …way to go nifty.
[14:21]   Shai : short NF for 7986 sl of 8045 cmp 8015
[14:23]   Kiran : for NF to down BNF should break vwap ?
[14:23]   Varun : lets see conviction stop of 92, looking for day high
[14:32]   Varun : seems stop will go
[14:32]   Varun : supply nt stopping
[14:32]   Shai : enter BNF stop in system
[14:32]   Shai : vwap only supp in BNF
[14:35]   Aayush : can we go short in bnf as lots of red prints visible?
[14:35]   Shai : yes can
[14:36]   Shai : all the green below poc have covered now in BNF
[14:36]   Kiran : meaning ?
[14:37]   Shai : lateplayers from vvwap in BNF are covering
[14:37]   Shai : 7986 supp now in NF
[14:38]   Varun : stopped ,nt a nice trend day
[14:38]   Shai : if still in BNF longs can cover here at vwap
[14:38]   Uttam : exit shorts in NF or hold on with TSL?
[14:38]   Rahul P : a friend saying -ve close likely today
[14:38]   Tejpreet : Vvarun what was significance of 92.
[14:38]   Varun : i went with lvn _10
[14:38]   Tejpreet : Ok
[14:39]   Varun : 8002 had a lvn
[14:39]   Varun : expected it to retrace back
[14:39]   Shai : part book NF 7988 bring sl at cost 8015 for tgt 2 of 7950
[14:39]   Sandeep null : did bnf sl hit
[14:40]   Shai : yes BNF stopped
[14:40]   Uttam : not yet low of 17442
[14:40]   Uttam : now it did
[14:40]   Shai : NF can stll fall
[14:41]   Rahul P : -ve possible ????
[14:41]   Rahul P : any chance ?
[14:42]   Shai : chances always there in a moving mkt 🙂
[14:42]   Aayush : its an ugly U in intraday charts..
[14:42]   Shai : for now seeing 7950
[14:42]   Ashish : stucked seller @ bottom
[14:44]   Shai : exit bal NF shorts above 8004
[14:45]   Bhagya : How was the bungee jump? told right at the top!
[14:45]   r m : @Bhagya, +1
[14:46]   Shai : Nice move Bhagya
[14:46]   Suyash : shai is today’s move bullish because we developed value higher or bearish since we are looking at a close near the low?
[14:46]   Kiran : Nice
[14:46]   Ashish : Congrats bhagya…u r turning intoa wizrad also
[14:47]   Uttam : yes Bhagya wot a bungee jump you got them to do 🙂
[14:47]   Shai : Suyash profile shows 2 time frames for now, but orderflow shows sellers coming in stronger in this range
[14:49]   Sandeep null : any btst here
[14:49]   Shai : a iittle early for a btst
[14:51]   RK : Lambs vanished and bears galore now 🙂
[14:51]   Suyash : ok shai
[14:51]   Vikkas C : 😉
[14:51]   Shai : buyers are coming finally
[14:51]   Tejpreet : 🙂 small bears also vanished RK.
[14:51]   Bhagya : covered all shorts and bungee jump successful
[14:52]   Shai : Book NF shorts
[14:53]   Shai : A BTST trade in BNF is here for 8030 and 8096 sl of 7892 into MOn
[14:53]   Shai : **NF
[14:53]   Anay : Good job by morning sellers
[14:54]   Aayush : is SL 7892?
[14:55]   Shai : yes sl 7892
[14:56]   Misaal : Not great R:R
[14:56]   Uttam : will it be better to short PE here Shai?
[14:56]   Shai : can short E also same sl
[14:57]   Shai : Agree Missal but there is more green here than morning open and move to poc is due
[14:57]   Shai : besides 7892 will be the all important level into expiry
[14:58]   RK : range now will be 7850-8100 to start the week
[14:59]   Kiran : is value getting created at lower half DD type ?
[15:01]   Shai : No
[15:01]   Shai : value was higher at 8016- 28
[15:02]   Vikkas C : todays EOD candle of NF not looking good
[15:02]   Vikkas C : inverted hammer
[15:03]   Shai : if we cross 7987 high risk long with sl of 7975 for 8016
[15:03]   Shai : 12 poits risk
[15:03]   Shai : points*
[15:03]   Vikkas C : 45 play
[15:04]   Shai : has to jump over tat 86-87
[15:04]   Vikkas C : got it
[15:04]   Shankar : what is 45 Shai/Vikkas?
[15:06]   Shai : Shankar it is a profile shape with a POC prominet which attracts price to it
[15:07]   Shai : prominent
[15:07]   Shankar : so is it like POC should be at 45 deg from say VAL?
[15:09]   Shai : we don’t have a 45 today but relatively speaking the slope is a 45*
[15:16]   Anay : by volume slope, u mean the slope o p?
[15:16]   Shai : 7891- 7850 ref line for the bulls for the trend in oct- if that break we go see sept lows again
[15:16]   Anay : of vp*
[15:17]   Shai : yes
[15:17]   Varun : anay see the price -poc angle
[15:17]   Shai : It is another way of saying that in a balanced profile price will come back to POC
[15:17]   Varun : price @mrkt vs poc angle
[15:17]   Anay : ok
[15:18]   Varun : nw see d vs n
[15:18]   Shai : some conviction the seller showed today in coming in the way they did
[15:18]   Varun : if p broke d and re enterred d
[15:18]   Varun : it would meant a chance os 45
[15:18]   Bhagya : bought 8000 puts of current month at 75 and carrying the same for monday and till expiry
[15:18]   Shai : below vwap he was a wnnner all the way
[15:20]   Uttam : am carrying the long for BTST taken @ 7980
[15:25]   Shai : vol is good here
[15:25]   Vikkas C : this is looking ugly here
[15:25]   Uttam : do we exit the BTST?
[15:25]   Shai : last 60 mins have been as big as open
[15:26]   Bhagya : everything I touch is becoming gold! Midas touch and great learnings from VTRENDER team. Special thanks to Shai and RK
[15:26]   Anay : bye all. cya on Monday. Enjoy the weekend.
[15:26]   Bhagya : holding 8000 puts tight
[15:26]   Shai : exit BTST long trade
[15:26]   Vikkas C : bye anay
[15:26]   r m : @Shankar, 45 degree line https://www.youtube.com/watch?v=uM6NWyNqlqw
[15:27]   Shankar : Thanks RM
[15:27]   r m : welcome
[15:27]   Uttam : thanks Shai
[15:28]   Rahul P : any case for pe to be carried fwd ?
[15:28]   Rahul P : sept series ??
[15:28]   Shai : No we are not carrying
[15:28]   Rahul P : these reds are huge
[15:28]   Bhagya : I see target of 200 on 7800 puts for the series
[15:28]   Shai : there was a case for a long but dpoc dippd
[15:29]   Bhagya : sorry 8000 puts
[15:29]   RK : smart money made a nice roll over it seems at top 🙂
[15:30]   r m : 🙂
[15:30]   RK : thanks and bye all 🙂
[15:30]   Shai : I think smart went long cash and short index F
[15:30]   Tejpreet : Bye all.
[15:30]   Uttam : 125-135 is resistance for the 8000 PE, if sustains above it could move upto 200 Bhagya
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Shai : we should have a big cash fig and short index tonight
[15:30]   Shai : Bye all
[15:30]   Porus : bye all
[15:30]   Uttam : close at almost the lows for NF
[15:30]   Moses : Bye All
[15:30]   Ashish : Thanks and bye all, have a nice weekend
[15:30]   Uttam : see you all
[15:30]   Shai : have a nice evening and a realxing weekend
[15:30]   Uttam : have a good weekend
[15:30]   Vikkas C : bye all ..happy weekend
[15:30]   Srini A : bye all
[15:30]   Mukesh : Happy week end
[15:31]   Shankar : thanks all have a gr8 weekend
[15:31]   Kathir : @RK bears gave my commission for MO 71 🙂
[15:32]   Sandeep : bye all
[15:32]   Kathir : thanks and bye all …

[09:20]   Uttam : ICICI starting bullish, looking good Shai?
[09:34]   Ashish : Shai, ultracemco resistance levels please
[09:37]   Uttam : Reliance good to buy 885?
[09:38]   Soumya : What is your view on NSE: JUBILANT shai?
[09:53]   Shai : 282- 285 tgt n icici with sl below 274 but not intra
[09:54]   Uttam : thanks Shai
[09:54]   Shai : ultracem res at 2996- 3007
[09:55]   Shai : abv 3007 may attempt 3037/50 but tat 3037 is monthly supply
[09:55]   Ashish : Thanks Shai
[09:56]   Shai : yes RIL good for positionals here- even intra good abv 876 for now tgt of the move is 893
[09:58]   Uttam : thanks Shai
[09:58]   Shai : jubilant if a postnl player then last week’s lows are a good buying tail and big support into the months ahead. Short term res is seen at 355- 364
[10:00]   Soumya : thanks shai
[10:04]   Uttam : Hi Shai am holding Coal India future longs @ 341 & had hedged my position on Wednesday by buying 340 PE @ 8.5, today it is trading above 340 now so do i exit the hedge or hold it till it crosses & ssutains 342 today?
[10:14]   Ashish : Shai, Maruti looks good for gap fill?
[10:17]   Shai : yes 4470/ 4530 up next
[10:17]   Ashish : Thanks
[10:44]   Soumya : Any good area to go long on NSE: TATAMOTORS shai?
[10:46]   Kathir : Shai USD/INR positional levels
[10:50]   Shai : tata mtr can go long near 326 sl of 315
[10:51]   Shai : 66.02- 66.07 weekly supp in usdinr F
[10:51]   Shai : 65.84 monthly supp below
[10:52]   Soumya : what could be the targets on TTM shai?
[11:05]   Shai : not big in TTM till we cross abv 355, but once abv then 390 ad 435 multi month
[11:07]   Soumya : thank you shai
[11:08]   Kathir : thanks shai
[11:50]   Uttam : Shai RIL tgt 893 done, good to hold right for 900+?
[11:53]   Shai : yes positionals should not worry abt intra tgts
[11:53]   Uttam : great & what would be the postitional targets?
[11:56]   Uttam : Shai, ICICI could be in a trend day inspite of the IB being large?
[11:57]   Shai : postional around 940- refer to the discussion we had on wed .one chart on RIL was also posted
[11:58]   Uttam : yep thanks have that chart saved too
[11:59]   Shai : yes icici can see 291/ 293 as long as price stays abv 281
[11:59]   Uttam : thanks Shai
[11:59]   r m : Reliance chart – http://screencast.com/t/u7xPDm4MJvy3
[12:00]   r m : also – http://screencast.com/t/y8SuI7fYw4gI
[12:00]   Uttam : thanks RM, so 904 could be one level to watch on upside for any resistance before we get to the targets of 930-930
[12:08]   Vikkas C : shai can u pls look at HUL here for positional longs ?
[12:21]   Shai : hul is a drive down- if looking at longs wait for eod may get 787/ 790 or buy if 802 crosses
[12:21]   Shai : but I’ll wait til EOD as driving down
[12:23]   Vikkas C : ok got it shai ..thanx
[12:59]   Kathir : @shai what next level if usd/inr breaks 65.8 ?
[13:00]   Kathir : will it go to 65.1 this month?
[13:22]   Shai : yes can do 65 if closes below 65.8 on weekly
[13:26]   Ashish : Shai, Divislab is good for 2300 levels?
[13:30]   Shai : 2289 intra tgt
[13:30]   Ashish : Cool..thanks
[13:32]   Shai : chart is setting up nicely in divis for 2560 next month with sl below 2020 closing basis
[13:32]   Ashish : ohh.. thanks Shai
[13:38]   Kathir : shai thanks
[13:42]   Uttam : Shai how’s ONGC looking, on for 250 from here?
[13:55]   Shai : intra day ONGC may be done at 236 but can give you 240 if you carry till mon or tues
[13:55]   Gaurav : Bharti Airtel looking good positional Shai?
[13:55]   Uttam : thanks Shai
[13:59]   Shai : bharti not sure if it is doing enough – that old supply is still there at 365 and may close at lows today
[14:00]   Shai : suggest we review next week after today’s weekly close
[14:07]   Gaurav : Thanks SHai
[14:13]   Ashish : usD/inr @ 65.81
[15:08]   Uttam : Coal breaking out here Shai?
[15:11]   Shai : yup
[15:11]   Shai : buyers are there
[15:11]   Uttam : some huge volumes in futures too last 15 mins
[15:11]   Ashish : ongc also
[15:13]   Ashish : Shai, do you see buyers in Cairn?
[15:14]   Uttam : Coal India we will need to treat it as a spike?
[15:14]   Shai : no ashish more sellers in cairn
[15:15]   Ashish : ok thanks
[15:15]   Shai : ya it would be a spike
[15:15]   Shankar : Thanks Shai will ask abut this after mkt hrs