OrderFlow charts and Notes 19/06/15

Bnf_Tick Footprint_5_Bnf Footprint_5_Nf Nf_Tick

 

 

Get Image Orderflow Charts And Notes 19/06/15

General Chat Transcript

 

Room Name: Vtrender
Date and Time: June 19, 2015 08:35:40

[08:55]   r m : Good Morning folks
[08:56]   r m : http://vtrender.com/levels-and-plan-for-19th-june/
[08:56]   Ravi Chahal : GM rm
[08:56]   Dharamveer : Gm all
[08:56]   r m : Hi Ravi
[08:56]   Porus : GM RM and all
[08:56]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-180615/
[08:56]   r m : Hi Porus
[08:56]   r m : http://vtrender.com/option-values-dt-180615/
[08:56]   Manoj : GM shai
[08:56]   r m : Nifty JUN Future levlels | Key Reference Area 8120 | Hypo1 below 8120➜8095➜8055 SL 8155 | Hypo2 above 8187➜8216➜8240 SL 8146
[08:56]   Manoj : GM rm
[08:56]   Manoj : gm all
[08:57]   r m : Hi Manoj
[08:57]   r m : Banknifty JUN Future levels | KRA 17752 | Hypo1 above 17752➜17816➜17876 SL 17650 | Hypo2 below 17620➜17565➜17430 SL 17736
[09:00]   Sreedhar : Good Morning RM..
[09:01]   r m : Hi Sreedhar
[09:02]   Shailesh : GM all
[09:02]   Tejpreet : GM All.
[09:02]   Srini A : Hi All, GM
[09:03]   Sharad : GM all
[09:03]   Mohul : GM all
[09:03]   Moses : GM All
[09:05]   Sandeep : Gm everyone
[09:07]   Venkatesan : gm shai, rm and friends
[09:10]   r m : Hi Venkatesan
[09:10]   Kathir : Hi Shai RM all friends 🙂
[09:11]   r m : Hi Kathir 🙂
[09:11]   Dharamveer : Rm according to the OI sheet it appears all went lond dose it denote june figures or also july
[09:11]   Ashish : Gm all
[09:11]   Dharamveer : *long
[09:11]   r m : total OI, JUN/JUL/AUG
[09:13]   r m : http://tinyurl.com/CurrentMonthOI for current month OI
[09:13]   Vikkas C : gm all
[09:14]   Dharamveer : thanks Rm
[09:14]   r m : welcome
[09:15]   r m : I think Shai may come to the room only near closing time
[09:15]   Kathir : Ok then RM captain of the ship today
[09:16]   Vivek K : so rm is todays captain
[09:16]   r m : lol
[09:16]   Vikkas C : open = high in BNF
[09:16]   Venkatesan : ho junior shai, gm
[09:16]   r m : captain aisa ho to ship doobne ki high probability 🙂
[09:17]   Vivek K : shai has given us vests :0
[09:17]   r m : 🙂
[09:18]   Venkatesan : rm 8196 seller on 5th june
[09:19]   Venkatesan : hvn of 3rd june
[09:19]   r m : ok
[09:19]   r m : so far not much sign of his/her reappearance
[09:20]   Hemant : GM folks
[09:21]   r m : Shai’s next lvel is 8216
[09:22]   Ashish : RM is it possible to refresh the tick charts?
[09:22]   Ashish : Because Shai is not here
[09:22]   r m : @Ashish, no 🙁
[09:22]   Vivek K : it is in auto pilot mode
[09:23]   Kathir : @ashish RM is only test captain 🙂
[09:23]   r m : let us hope charts continue working, no way to revive them if they go down
[09:23]   Ashish : That’s a concern, see want to check whether the sellers have entered or not…
[09:23]   Venkatesan : see in the absence bosss every one feel free
[09:24]   r m : sellers coming now in NF
[09:24]   r m : @Kathir, I am day watchman 🙂
[09:24]   Ashish : @ kathir, test captains are the real captains with lots of planning on daily basis…
[09:24]   Kathir : @Ashish past experience – these charts love Shai so much and they will give bit trouble if shai is away 🙂
[09:25]   Ashish : kathir, hope they will remain ok and show us who is entering the market or not?
[09:25]   Varun : Rm is vwap 8192 ?
[09:26]   r m : yes
[09:26]   Kathir : yes asish we hope for the best
[09:26]   r m : open drive in both Varun?
[09:27]   Vivek K : rm is captain and varun is the team director 🙂
[09:27]   Venkatesan : rm rk also out 2day
[09:27]   Ashish : Friday’s are always weird, profit booking may come also
[09:28]   Ashish : and we are back benchers
[09:28]   Venkatesan : fomc meet to over nah?
[09:28]   Vivek K : we carry drinks
[09:28]   Varun : Ya vwap should hold, very imp
[09:28]   Kathir : lol
[09:28]   r m : @Vivek, Varun is very experinced MP practitioner, I am jholachaap 🙂
[09:29]   Ashish : lol Rm
[09:29]   Srini A : @Varun, What is the other VWAP at 8174? Is that yesterdays profile?
[09:29]   Kathir : @varun do you recomend to buy 8000 pe for next week for trgt 7910?
[09:29]   r m : @Venkatesan, RK must be busy tending to his flock of scrips, he should be here after tending to them 🙂
[09:29]   Kathir : @Srini vwap band
[09:30]   Venkatesan : may be
[09:30]   Srini A : Oh ok
[09:30]   Vivek K : anyone for cash stocks, this selan look damn interesting
[09:30]   Ashish : lots of sellers now
[09:30]   r m : Good news for traders not overendowed with capital, truedata.in is launching fno+cash tick data services
[09:31]   Kathir : @RM I spoke to RK last eve ..he will busy now with dealing with his longs
[09:31]   Varun : Kathir it should break below yesterday’s high, till them not bearish #highimbalance
[09:31]   Ashish : When Rm???
[09:31]   Varun : Look for atleast an ib break down
[09:31]   Kathir : @varun thanks
[09:31]   r m : ok Kathir, hope he makes a big packet and distribute a part to us as gifts Kathir 🙂
[09:31]   Venkatesan : thank u varun
[09:31]   Augustin : @Varun – Can buy longs just above VWAP?
[09:31]   r m : @Ashish, already launched I think
[09:32]   Tejpreet : Hope we get a narrow ib and then an easy move.
[09:32]   Manoj : varun bhai Rm bhai bnf any view for intraday
[09:32]   Varun : The other vwap band is sd of vwap
[09:32]   Varun : As rm and shai told me
[09:32]   Venkatesan : wow appreciate ur humility
[09:33]   Srini A : BNF weak
[09:33]   RK : GM RM and all
[09:33]   r m : @Manoj, BNF is below vwap now
[09:33]   Venkatesan : hi rk
[09:33]   r m : Hi RK 🙂
[09:33]   Ashish : Thanks Rm
[09:34]   RK : Hi Venkatesan
[09:34]   r m : @RK, we were all waiting for you 🙂
[09:34]   Manoj : i m long @ 17750
[09:34]   Venkatesan : big s
[09:34]   RK : oh..what happened?
[09:34]   RK : yet to read msgs
[09:34]   r m : just for new ideas 🙂
[09:35]   r m : your axis bank refuses to budge from Shavasana 😀
[09:35]   RK : lol..you know mine is kind of 2 centuries old ideas..simplest and dumpest 🙂
[09:35]   Kathir : @manoj why long there KRA is @ 17752
[09:36]   RK : Kathir will think over liquidating longs only if we dip below 8150 🙂
[09:37]   Kathir : @RK not fair..then you will say there is a loss and you will not give us party 🙂
[09:37]   Kathir : ok 8150 is fine ..i Thought 8050
[09:37]   r m : Take the party in advance, that is the onlyway to get a trader to give party )
[09:37]   r m : 🙂
[09:37]   RK : Kathir my policy is simple..targets can be fixed only when you occur loss..so keep accumulate losses to sit tight for targets 🙂
[09:38]   Kathir : 🙂
[09:38]   r m : BNF is doing 80% on downside I think
[09:39]   Manoj : so exit longs ??
[09:39]   Kathir : @RM for which SL is few above vwap?
[09:39]   r m : SL will be day high I think,
[09:39]   Venkatesan : rk please enlighten me and knowledge on why 8150
[09:40]   Kathir : @Manoj – Banknifty JUN Future levels | KRA 17752 | Hypo1 above 17752➜17816➜17876 SL 17650 | Hypo2 below 17620➜17565➜17430 SL 17736
[09:40]   Venkatesan : impart knowlege
[09:40]   Kathir : @manoj if your long is based on Hypo then SL is 17650 – very big SL
[09:41]   r m : @Kathir, Manoj has gone long as per hypo, but BNF was coming down at that time
[09:41]   Kathir : yeah he should have waited for few mins
[09:41]   RK : Venkatesan 8150 is POC of yday..If we get into yday balance means first 8164 VAH support and then POC..below that longs are not safe..we may go to KRA 8120 and then hypo activates..this is the plan for the day
[09:41]   Manoj : i xited cos qty was huge & so is loss
[09:42]   Sreedhar : Thin IB ? r.m
[09:42]   Manoj : 17682.3
[09:42]   Venkatesan : thank you rk
[09:42]   Sreedhar : untill now..
[09:42]   RK : Welcome
[09:42]   Kathir : @manoj if you trade big quantity please wait atleast 15 mins after market opens- especially gap ups or down
[09:43]   r m : @Sreedhar, let us see what happens till 10:15
[09:43]   Varun : will shai be off for the day ?
[09:44]   r m : yes, untill now low range in NF, failed open drive in BNF, OAOR in NF, is that right Varun?
[09:44]   Kathir : @RM is there any rade bnf low 17650?
[09:44]   r m : yes Varun, may appear near closing time
[09:44]   Kathir : trade
[09:44]   Manoj : @kathir last two days i missed open rally so i entred full volume took whole week profit & also loss on capital
[09:45]   Varun : if charts go, provide me with a profile on twitter
[09:45]   Varun : rm
[09:45]   r m : @Kathir, below VAL you mean, better to wait for IB to finish for shorting i think
[09:45]   Kathir : @Manoj ok..always consult Shai or guys here before you enter a big trade
[09:45]   Varun : till 8178 holds we can get a rally
[09:46]   Manoj : yes will remember now
[09:46]   Varun : dnt short till atleaast we enter yesterday range
[09:46]   r m : @Varun, sure, let me assemble TPO charts on my PC 🙂
[09:46]   Srini A : @RM, For OAOR, the key here s to have OTF buyers to sustain, right?
[09:46]   Varun : no need to focus on otf now, just focus on price first
[09:46]   Varun : till pdayhigh is being respected we r strong
[09:47]   r m : Open Auction is just auction on both sides of Open price OR is outside previous days range
[09:47]   Kathir : @Manoj you have to be nore carefull with BNF trades..bcoz it will jump 200 points in a minute or so
[09:47]   Srini A : Ok Varun
[09:47]   Varun : jfi i dnt trck bnf,very rarely see its charts also
[09:48]   Kathir : @RM actually I asked whether the low of BNF was traded?
[09:48]   Varun : bnf just saw looks bad
[09:48]   Varun : see wht happened as it enterred pday range
[09:48]   Varun : boom and gone
[09:48]   Varun : thts why 8180 break can make this mrkt look ugly
[09:48]   Varun : is wht i think
[09:48]   Sandeep : if bnf is bad will nf hold ?
[09:49]   r m : @Kathir, low is traded, high is doubtful!
[09:49]   Varun : its holding means someone is buying
[09:49]   Venkatesan : sterday nf 260k OI increase and BNF 250k out
[09:49]   Varun : but shai says bnf gives first hint
[09:49]   Sandeep : ya
[09:49]   Kathir : @RM thanks
[09:49]   Ashish : http://www.marketcalls.in/market-profile
[09:49]   Ashish : Chekc the link
[09:51]   RK : its better to wait for shorts till IB sets in.
[09:51]   Varun : yes
[09:51]   Varun : n ib break on upside will be fun
[09:51]   Varun : as everyone wants to sell
[09:51]   RK : *If at all wanted to short 🙂
[09:51]   Varun : major short covering will come
[09:52]   Kathir : @RK exited engind morning right time..thanks
[09:52]   Ashish : HCltech on the move
[09:53]   RK : ok removed it from watchlist Kathir 🙂
[09:53]   Kathir : @manoj ?
[09:54]   Manoj : say kathir
[09:55]   Kathir : @we have guys here from Kashmir to Kanyakumari to assist us 🙂 no need to be a very techie guy to trade with VT – like me 🙂
[09:56]   Ashish : 🙂
[09:56]   Manoj : VT??
[09:56]   Kathir : Vtrender room I meant
[09:56]   RK : BNF game is only for people who can pick up good entries but with deep SL..
[09:56]   r m : yesterday also BNF did not give a good trade but kept triggering stops
[09:56]   Manoj : ohh ok
[09:56]   Kathir : Ashis for kashmir and RK for kanyakumari
[09:57]   RK : IMO bnf is a great instrument for positional trades..
[09:57]   r m : @Kathir, you have pushed RK 400 kms south? 🙂
[09:57]   RK : INtra moves are difficult with tight SL..
[09:57]   Kathir : @RK is the nearest . RK is more eperinced with bnf intr stops 🙂
[09:58]   r m : @Kathir, I thougt you were nearer Kanyakumari then anyone else 🙂
[09:58]   r m : yes Kathir, no doubt about that, can’t conquer BNF without mega size stops
[09:58]   Manoj : yes u right ….
[09:59]   Kathir : @RM no should be RK or venk
[09:59]   RK : When I was new to room, there was a day when BNF low was not printed on charts,nest or even with Shai’s esignal tick data..like 17525 was printed low but my stop of 17523 eaten ..I was long..after eating my SL, it has moved all of a sudden 250 up..I had a good position in hand 🙂
[10:00]   Kathir : @RM yeah I remember
[10:00]   Manoj : @rk many times hppnd with me also hence here
[10:01]   Vivek K : RK even i had teh same issue, data in NEAT shows correctly than ODIN or esignal. even NSE confirmed teh same
[10:01]   RK : great I have company here then 🙂
[10:01]   r m : yes, NEST data is very good
[10:01]   r m : same as neat but web version
[10:02]   Venkatesan : s we are nearesr to kanyakumari
[10:02]   Vivek K : rm ur mail id pls
[10:02]   r m : rmsharma@gmail.com
[10:03]   r m : I am one of those veterans who could get his name as email id 🙂
[10:03]   Kathir : @vivek he is also known as Rakesh Mohan Sharma sir
[10:03]   Hemant : 🙂
[10:03]   Vikkas C : me too RM 😉
[10:03]   r m : “sir” not by Queen Elizabeth but by King Kathir 🙂
[10:03]   Kathir : @RM I am also Ekathir@gmail.com..E is my initial
[10:03]   Kathir : lol
[10:04]   r m : 🙂
[10:04]   Venkatesan : what is the subject on kanyakumari
[10:04]   Vivek K : wondering are there any kanyas in kanyakumari 🙂 @ venkatesan
[10:05]   Kathir : @Venk I told we have guys in our room from kashmir to kanyakumari
[10:05]   r m : not with Kathir roaming around freely Vivek 🙂
[10:05]   Venkatesan : s kathir so far i am the nerest one
[10:05]   Vikkas C : LT looking good for 1770..any views ?
[10:05]   Kathir : :)lol
[10:06]   r m : @Venkatesan, you are from Trichy?
[10:06]   Venkatesan : rk is just above me , i mean north to me
[10:06]   Venkatesan : yest trichy
[10:06]   Venkatesan : rm
[10:06]   r m : ok, thanks
[10:06]   Kathir : @so knayakumari belongs to venk now
[10:06]   Venkatesan : hahahah
[10:06]   Kathir : @RM can you give levels for stocks now?
[10:07]   Venkatesan : me and ahishs are extreme
[10:07]   RK : Vikkas LT was in a good move this week and Its closer to weekly obj now
[10:07]   Varun : first hour vwap respected, pdayhigh respected. gap held
[10:07]   RK : https://docs.google.com/spreadsheets/d/1mkzBzrmxhW14M6yxEUKZL-QJt7ALTICA2fN-kQhPsEw/edit?pli=1#gid=302327609
[10:07]   Venkatesan : can we add some nf
[10:07]   Venkatesan : varun
[10:07]   Varun : in first hour pdayhigh respectd, vwap respected
[10:07]   RK : check stock levels sheet for levels from Shai
[10:07]   r m : @Kathir, I can give weekly Values of Nifty 50 stocks for last week, if that helps
[10:08]   Vikkas C : ok thnx RM
[10:08]   Sreedhar : @Varun,exit shorts for the day?
[10:08]   r m : tried to copy Shai, but did not succeed, difficult to copy a genius 🙂
[10:08]   Vikkas C : sorry thanx RK
[10:08]   Vikkas C : lol
[10:09]   Shailesh : RM if you can plz share
[10:09]   Venkatesan : srree why u r short today, u r swimming against the stream
[10:09]   Shailesh : my id is shailesh.mangal19@gmail.com
[10:09]   RK : RM am closer to Kanyakumari..infact geographically am sitting at middle of Tamilnadu
[10:09]   r m : right RK 🙂
[10:09]   Varun : r msgs gettting delayed or bouncing
[10:10]   RK : When I get out my door step and take right means Kanyakumary, left means b’lore, straight means Chennai and back means Cochin – all are 350 kms exact 🙂
[10:10]   Manoj : i am positionless Biggies please help me
[10:10]   r m : @Shailesh, I have chart to calculate, you give me a nifty stock, I can tell you preious weeks Value area, though most stocks are trading much above it right now
[10:11]   r m : wow, 350 kms from heavens on three side – hell too at equal distance 😀
[10:11]   RK : steady order flow sofar..all red may be stops triggering
[10:11]   Shailesh : ok RM..thanks…i have ur email id now so will take it offline
[10:11]   Kathir : @Manoj let IB finishes
[10:11]   Venkatesan : rk ur NW to em , phir be i agree with you as you r my boss
[10:11]   r m : lol
[10:12]   RK : lol
[10:12]   Kathir : lol
[10:12]   Venkatesan : ;))
[10:12]   r m : 8216 done, NF going on its way without any fanfare
[10:12]   RK : and IB range set
[10:13]   RK : at 8216
[10:13]   r m : yep
[10:13]   r m : BNF has chosen to reside at KRA
[10:16]   Kathir : @RM nf 8200 ce 15 to 65 in three days..hope Kris is enjoying
[10:17]   Varun : i nvr enterred short sreedhar, i think repeated many times no shorts till 8180 holds
[10:17]   r m : @Kathir, was he into CE?
[10:18]   Kathir : not sure ce or fut but he should be long
[10:18]   Kathir : I bought that ce @ 17 exited 33
[10:19]   Kathir : based on Kris’s view of 8250 trgt this week
[10:19]   r m : ok
[10:19]   Varun : today could be a trend day, single time framing and thin profile
[10:21]   RK : yes..only if we get that 15 min tick chart refreshed, it would be great..RM pls see if you can get any help
[10:21]   Varun : is 8278 an anomaly ?
[10:22]   RK : looking at volumes at red ticks in first bar and 10.15..shorts are getting out
[10:22]   Sreedhar : @Varun, i punted a small portion on shorts..Exited once it 8216
[10:22]   Sreedhar : #learning nothing against the trend..
[10:24]   Manoj : @kathir is IB set now any idea for fresh trade
[10:25]   Kathir : @Manoj we will ask RM or Varun now
[10:26]   Kathir : not a good place place to initiale a new trade as Sl will be huge
[10:26]   r m : safest is to go long above day high with stop below vwap-filter and pray for trend day continuation 🙂
[10:26]   r m : in NF
[10:27]   Kathir : @RM thanks
[10:27]   Vikkas C : how many points filter is good
[10:27]   r m : @Varun, yes Single prints at 8278
[10:27]   Vikkas C : 9
[10:27]   r m : http://screencast.com/t/y7qQrmqqF
[10:28]   Manoj : see bnf now on fire shit me and my wrong sl
[10:28]   r m : @Vikka C Shai suggests 7-10 for NF
[10:28]   Tejpreet : We are approaching 8260 spot , what abot positional shorts in July series.8260 was resistance as per Shai.
[10:28]   Vikkas C : ok thanx RM
[10:28]   Kathir : @Manoj bad luck man
[10:29]   Manoj : 17682.3 is where i exited aand 17682 is the low and
[10:29]   Varun : till vwap holds avoid shorts, everyone wants to short today
[10:29]   Varun : rally of disbelief
[10:29]   Dharamveer : so guys its max possibility of range extension on upside
[10:29]   Dharamveer : it was a question any one
[10:30]   Dharamveer : plz answer
[10:30]   Vikkas C : RM is this a good place to go long for intra with stops below vwap+filter ..or wait for some more time
[10:30]   r m : even 8265 spot is far away right now
[10:30]   Varun : re shai /rm told was ib2, ib3
[10:30]   Varun : wht i got in intro mail
[10:31]   Vikkas C : os shud wait for 8220 to be broken convincingly
[10:31]   Varun : we hve a small ib, will nt be suprised if we do ib2-ib3 today
[10:31]   r m : @Vikkas it is 30 point risk vs 24 point reward here
[10:31]   Tejpreet : True Rm but best is to put order in system like varun said disbeleif orders and wait for spike to 260 plus lvl:)
[10:31]   r m : next target 8240 on hypo
[10:31]   Vikkas C : hmm..ok
[10:32]   Varun : bt rite nw we broke abv ib and back
[10:32]   RK : Sellers may come in now and we will go to VWAP once
[10:32]   Varun : vwap cld be tested
[10:32]   Varun : 🙂
[10:32]   RK : 🙂
[10:33]   RK : both are biased towards longs..so better not comment 🙂
[10:33]   Vikkas C : so better to buy ard vwap with a small stop
[10:33]   Manoj : arre garib ki koi madat karo …. unable to decide
[10:33]   Varun : anyone who has tracked ibs know once ib is rejected vwap test is on cards
[10:34]   Varun : rk n me said same thing in like seconds
[10:34]   Tejpreet : Well Manoj when in doubt stay out 🙂
[10:34]   r m : yep, simple MP, IBH > vwap > IBL
[10:34]   Kathir : wise men think alike
[10:34]   r m : 🙂
[10:34]   RK : Kathir bias makes it happen 🙂
[10:34]   Sreedhar : ; ) wish it was so simple RM
[10:35]   r m : @Sreedha, yes, that is what makes trading one of the toughest profession
[10:35]   Sreedhar : cant disagree with you ..
[10:35]   r m : here one not only fights the outside but inside too 🙂
[10:36]   Vikkas C : are these sellers or SL getting triggered
[10:36]   Vikkas C : anyways to figure out :p
[10:36]   r m : only help is green pink to know temp balance of longs/shorts
[10:37]   RK : Vikkas looks like fresh sell..
[10:37]   RK : its obvious fresh sell would come in after such gap and drive..
[10:38]   RK : but what to be noted is if VWAP is taken with that Sell
[10:38]   RK : if domestic plays, they will cover shorts around VWAP if that holds
[10:40]   RK : so VWAP+10 is the first signal for losing strength and then trigger of IBL which is coinciding with PDH and then VAH at 8164..and finally 8150 POC..
[10:40]   Vikkas C : ok thanx RK
[10:40]   r m : Link for truedata free trial http://tinyurl.com/pkdgzw2
[10:42]   Varun : (10:40) RK :so VWAP+10 is the first signal for losing strength and then trigger of IBL which is coinciding with PDH and then VAH at 8164..and finally 8150 POC..
[10:42]   Varun : book mark this
[10:43]   Varun : plan ur day like this
[10:43]   Varun : ur confidence in trade will rise
[10:43]   Vikkas C : kotak bank looking good for 1350
[10:43]   Varun : and tht is the only thing which matters
[10:43]   Varun : failed failed auctions are super bullish
[10:43]   Varun : today all coming out cos master is not thr
[10:44]   Varun : like when teacher not in class, students shout the most
[10:44]   Varun : hurrah types
[10:44]   Vikkas C : hahahaha
[10:44]   Dharamveer : rm does it work with Ninja
[10:44]   RK : am scratching my head why the hell I liquidated my Maruti and LIC on that last hour dip on Wednesday 🙂
[10:44]   r m : lol
[10:44]   Vikkas C : @RK mkts are here for long ..not just for one day ..
[10:45]   Vikkas C : ur moment will come again 😉
[10:45]   RK : Yes..when master is away, students are noisy 🙂
[10:45]   Manoj : @RM as bnf is for good part abv KRA so can we buy following KRA
[10:46]   r m : @Dharamveer, it is supposed to work with NT, Ami, multichart and all together too, but yet to try it 🙂
[10:46]   Varun : nw toh bnf also lloking good
[10:46]   RK : true Vikkas
[10:46]   Varun : it took support from previous balance, very bullish
[10:46]   r m : @Manoj, I dare not trade BNF myself, much better for you to seek only RK’s advise here on BNF 🙂
[10:47]   Dharamveer : they show that they have tick data too
[10:47]   Manoj : @rk as bnf is for good part abv KRA so can we buy following KRA
[10:48]   Dharamveer : @rm what is the best plugin for marketprofile and volume footprint for Ninja
[10:51]   RK : Manoj yes..its a hypo buy with day low stop
[10:51]   r m : Acme or Finalg both are good Dharamver
[10:52]   Soumya : @varun – is 7930 a poor low?
[10:57]   r m : @Varun, here is the auction near 7930 to help you answer Soumya’s question 🙂
[10:57]   r m : http://screencast.com/t/ebGuumIc
[10:57]   Varun : yes it is, we will go thr. no time frame
[10:57]   Varun : but when we establish lower values, this will be my trgt
[10:58]   r m : ok, thanks
[10:58]   Dharamveer : truedata.in guys say its a 1sec tic data
[10:58]   Soumya : Thank you Varun
[10:58]   Dharamveer : i dont think its tick by tick
[10:58]   Varun : as we dnt have endless risk, bhav bhagwaan che
[10:58]   Varun : is a term used in mrkts
[10:58]   r m : yes Dharamveer, just like esignal, that is all NSE supplies
[10:59]   Varun : we r establishing value for last 4 days higher
[10:59]   Dharamveer : is esignal not truetick data
[10:59]   Varun : means shorts r getting trapped
[10:59]   r m : we don’t have tick data supplied by any stock exchange in India
[10:59]   r m : for that they will need sub-second time stamp on quotes, nse has only second time stamp
[11:00]   Dharamveer : @rm will it be of any huge difference of 1sec tic and true tick data
[11:01]   Soumya : Varun can I have your number please – want to talk and understand a few things whenever you are free
[11:02]   r m : @Dharamveer, that question is academic for NSE becasue they don’t supply tick data, Shai can answer that question because he had used real tick data also for other exchanges
[11:03]   r m : for most stocks 1 second time stamp may be almost tick data, but for NF there will be aggregation of ticks in 1 second data sepecially at open, close and at important ref levels
[11:04]   Sreedhar : Started reading MOM only after seeing Varun’s intense discussion in Twitter..came to know about VT only because of him.. Thank you Varun.. i didnt had an oppurtunity to thank you before..
[11:04]   Dharamveer : @rm if you try this data please compare with esignal and letus know
[11:05]   r m : I don’t have esignal man, i have poor man’ esignal, data extracted from NEST 🙂
[11:06]   Dharamveer : that was a good joke by rm
[11:06]   Kathir : 🙂
[11:06]   r m : 🙂
[11:06]   r m : I will try next week and share the experience here
[11:06]   Dharamveer : thanks
[11:07]   Manoj : any one any chance of bnf hitting 17839
[11:07]   r m : @Manoj, 17816 is the pit stop first 🙂
[11:11]   Tejpreet : As per Shai weekly view Our ref line for the week sits at 17790.
[11:11]   Ashish : Cipla started its journey to 633.
[11:11]   Tejpreet : If the index manages to scale past 17820 ( last week highs) it should move to clear the anomalies at 17960 as also the ones higher till 18260
[11:12]   r m : 17820 spot is the resistance where we are now
[11:12]   Tejpreet : So a fast move in BN if it clears 17820.
[11:12]   r m : oops, typed the same things, thanks Tejpreet
[11:12]   Venkatesan : WHAT IS mom SREE
[11:13]   Ravi Chahal : 17816 is hit
[11:13]   r m : in this room mom should be “Mind over Market” by Dalton I guess 🙂
[11:13]   Ravi Chahal : sorry 17810
[11:13]   Vikkas C : hahaha
[11:13]   Venkatesan : :)))))
[11:13]   Vikkas C : always
[11:14]   r m : Viva la Shai, 17816 done
[11:14]   Sreedhar : Mind over Markets by Dalton.. Venky
[11:15]   Venkatesan : WHAT is the twitter id
[11:15]   Dharamveer : and a dad to hold our hands
[11:15]   Venkatesan : thank you rm and sree
[11:16]   r m : Steidlmayer ” Trading with Market Profile” should be dad 🙂
[11:16]   Sreedhar : lol..
[11:16]   Dharamveer : lol
[11:17]   Sreedhar : Venky its Bhagvadgeetha for Market Profile..
[11:18]   RK : comment when we were at 8145 yday [09:34] Shai : if sellers don’t respond here we will see 8260/ 8300 tom close
[11:19]   r m : yes RK, sitting over 8200CE like a hen over its egg just for that view 🙂
[11:22]   RK : this zone may be seller’s zone again..If they are weak sellers then next negotiation zone around 8260
[11:22]   Dharamveer : optionpain moved from 8100 to 8200
[11:22]   Kathir : @RM MO?
[11:24]   Venkatesan : thank yu sree
[11:25]   r m : @Kathir MO is +51 right now
[11:25]   Kathir : Thanks anna
[11:26]   Sreedhar : welcome : )
[11:28]   Porus : Shanghai 4.5% down, HK 1% up.
[11:36]   Arvind : thnks
[11:37]   Vikkas C : can somepne tell me the IBH for BNF pls
[11:37]   RK : Why do this china men trade their index like stock?!
[11:40]   r m : @Vikkas, my utility managed to capture 17785 as IBH in BNF
[11:40]   r m : that 17979 O=H was not experiece here in Dehradun 😀
[11:41]   RK : Vikkas IBH is there in 15 min chart..second window
[11:42]   Vikkas C : thanx RM
[11:42]   Vikkas C : thanx rk
[11:43]   Vikkas C : ji i noticed RM wasnt even experienced in the chat room
[11:43]   Vikkas C : but falcon showing it so asked for my reference 🙂
[11:44]   r m : yeah, they are freak prices we call markets, anyone getting minute data from NSE will show that including Global datafeed
[11:44]   Vikkas C : ji
[11:44]   r m : but tick with volume may be missing
[11:45]   Tejpreet : Guys is the 80 % rule valid only for value area or it can be applied to ib area also.
[11:45]   Vikkas C : yes noticed going in 1min TF..no volume
[11:45]   r m : *freak prices we call markers :
[11:45]   r m : 🙂
[11:45]   r m : perhaps signals for future intentions?
[11:46]   Vikkas C : yes RM..thanx for the help and knowledge
[11:46]   r m : welcome
[11:49]   r m : vwap visit coming in NF
[11:51]   Dharamveer : which someone could refresh the second chart
[11:51]   Dharamveer : sorry it was *wish
[11:52]   Sreedhar : RM at what point is vwap..
[11:52]   r m : 8208 on my charts
[11:53]   Manoj : and on bnf ???
[11:53]   r m : 17758 for BNF
[11:53]   Manoj : ok
[11:54]   r m : 17764 on NSE
[11:54]   r m : http://tinyurl.com/nf5nd2p
[11:55]   r m : one need to put in correct contract in that link
[12:08]   Vikkas C : RM 8252 lekar jaao yaar jaldi jaldi .. :p
[12:09]   r m : jaldi jaldi to neeche aata hai, ooper to aahista aahista 🙂
[12:09]   Vikkas C : haha
[12:10]   Hemant : 😛 @RM
[12:10]   Sreedhar : stairs and elevators..
[12:10]   Dharamveer : anyone in the room have read the tomwilliams or gavin holmes vsa book?
[12:11]   Vikkas C : tom williams in line for me once i finish reading MOM and CBOT
[12:12]   Dharamveer : where are you from vikas
[12:12]   Vikkas C : mumbai
[12:13]   Shailesh : CBOT wch book?
[12:14]   Shailesh : shanghai and shenzen both down more than 5%
[12:14]   Vikkas C : CBOT handbook on market profile
[12:14]   Dharamveer : actually it helps in reading the market manuplation and daltons mom gives indepth whats happening inside its like VSA is like inter and MP is like engineering
[12:14]   Shailesh : okk
[12:15]   RK : we had a short covering small rally on 17th June and closed down.. some of the stocks are getting resisted at 17th June high.
[12:15]   RK : What I mean is Index is about 90 points up from that high of 8127 but some stocks are still not able to clear that high..
[12:16]   r m : so time to buy anticipatory PE?
[12:16]   Porus : MOM shud be followed by Markets in Profile
[12:17]   RK : will check around 8180 RM..
[12:17]   Sreedhar : so first is CBOT? is it..
[12:17]   r m : Thanks RK
[12:19]   Dharamveer : what is the pullback
[12:19]   r m : Badebhai (RIL) carrying the index up almost on its own 🙂
[12:24]   RK : but below 8164/8150 day would be ugly 🙁
[12:24]   RK : sellers would creep in like anything is my expectation
[12:25]   r m : ok
[12:28]   r m : 17729/8200 recent lows
[12:28]   RK : yes
[12:30]   Rajat : oh.. poor high
[12:33]   Rajat : last thing bears needed her was apoor high
[12:39]   Srini A : consistently below VWAP
[12:43]   Varun : if this 24625 does get chance to cover and we turn green, we could rally
[12:44]   Varun : most imp pivot point for next few mins
[12:44]   Rajat : vrun what is 24625?
[12:45]   Varun : seller at bottom
[12:45]   Varun : nw 26550
[12:45]   Rajat : ok
[12:45]   Manoj : wht is tht lvl varun bhai
[12:46]   Dharamveer : @rm how do you look at price going down but not dpoc
[12:47]   VR : Hi varun, so your OF trade rationale is….bottom seller is in soup when OF turns green and it triggers a move further in opposite direction?
[12:47]   Varun : yup
[12:47]   Varun : he was last in que
[12:47]   Varun : see hw difficult for him to pierce 8196
[12:48]   Varun : to support the buying a buyer came in 18475 at bottom
[12:48]   Varun : this candle should tuen green
[12:48]   Varun : cross vwap and turn pink into green
[12:48]   Varun : if this all matches its a buy
[12:48]   Rajat : where is the pink that you see?
[12:49]   Varun : rajat see the line cross the 5 min
[12:49]   Rajat : ok
[12:49]   Sreedhar : Varun you mean seller at 8204
[12:50]   Varun : no at 8196
[12:50]   Sreedhar : ok..
[12:51]   VR : you must’ve been watching for similar play at 12:20 as well then? 28700 seller, but OF pink w/ seller domination and hence no trade?
[12:52]   Varun : i ws nt on systme
[12:52]   Varun : system
[12:52]   Varun : just logged in
[12:52]   VR : Okay
[12:53]   Varun : wld hve preffered a bigger green candle
[12:54]   Varun : in next candle
[12:55]   VR : also, you must want this next turn of events to happen in next 15-20 mins I guess? or even quicker?
[12:55]   Varun : till 8196 holds i am fine with it
[12:55]   Varun : if 8196 goes i am out of trade
[12:55]   Varun : see 12.40 candle
[12:55]   VR : neat. thanks
[12:56]   Varun : 3 big sellers and bottom neutral
[12:56]   Varun : soemone was accumalating
[12:56]   Varun : next candle turned green
[12:56]   Varun : continuation of buying
[12:56]   Varun : these sellers will run for cover if vwap crosses
[12:57]   Varun : quick 20-30 scalp trade
[13:00]   Augustin : @Varun – not yet a buy?
[13:00]   Hemant : Volumes must rise here to keep longs interested, sellers wont mind selling at highs.
[13:00]   VR : with quick fingers, BNF might give better reward it appears. sound rationale…thanks 🙂
[13:01]   Varun : for sure trade, let it turn green
[13:01]   Varun : for daredevils it was a buy at 98 with 5 point stop
[13:01]   Augustin : Ok
[13:02]   Varun : sellers trying best to defend vwap
[13:02]   Varun : this 13500 sellers lucky no is 13
[13:02]   Varun : bith at bottom and vwap 😉
[13:03]   r m : 🙂
[13:04]   Augustin : @Varun – a limit order above 8208 for 8260?
[13:05]   Varun : i cant tell u tht
[13:05]   Varun : just my observation which i shared
[13:05]   Augustin : Ok 🙂
[13:05]   Augustin : turned green
[13:05]   Varun : green
[13:05]   Varun : should hold
[13:06]   Varun : break the vwap u
[13:07]   Varun : next 5 min candle should have buyers
[13:07]   Varun : else it was just a test of vwap
[13:09]   Srini A : Oh yes, that has happened
[13:09]   Sreedhar : great learning Varun..
[13:09]   Augustin : yeah. good learning
[13:09]   Srini A : Really great Varun
[13:09]   RK : RM significance of IBH break after 1 pm – good right?
[13:09]   Varun : copy book order flow stuff 🙂
[13:10]   Varun : but nt happy with a red with so much bying
[13:10]   RK : Varun roll overs !
[13:10]   RK : always happens Friday prior to expiry week
[13:11]   Varun : no no iwas talking abt 13.05 candle
[13:12]   r m : yes, RK, it has absorbed Europe open now
[13:12]   Varun : i got a 15 pointer but this gives 30-40
[13:12]   Varun : u cn stay long its green
[13:12]   Varun : till its green
[13:13]   Shailesh : advance decliner netural…cautious on long now…wait for some time..my personal view
[13:13]   Varun : vk did u see wht happened
[13:13]   Varun : as planned 😉
[13:14]   Varun : vr”
[13:14]   RK : Varun – my observ on a trend day pullback of 35 points is alright..anything beyond 30-35 raises doubt over trend..
[13:15]   r m : @Varun, are those big sellers at bottom or big buyers at top are actually triggered SLs?
[13:15]   Varun : either stopp loss or panic traders
[13:15]   Varun : like becho becho
[13:15]   r m : ok
[13:15]   Varun : fatafat becho 😉
[13:15]   r m : like me you mean 🙁
[13:15]   r m : 😀
[13:15]   Varun : we all hve gone thru it
[13:15]   Varun : kahin bus choot na jayen
[13:16]   Varun : and bechte hi price is unfavourable
[13:16]   r m : yep
[13:16]   Varun : ask this to 8196 seller
[13:16]   Vikkas C : RM count me in to..i sold with the brk of IBH
[13:16]   Vikkas C : lol
[13:16]   r m : only thing stopped me fom selling was that it is above PDH
[13:16]   Varun : i said it in morning
[13:17]   Varun : till we r abv pdh
[13:17]   Varun : no use shorting
[13:17]   Varun : we r in buying inbalance
[13:18]   Dharamveer : rm is the volume more or less than yesterday
[13:18]   Varun : alawys look for 3-4 agrresive order at top or bottom of 5 min
[13:18]   Varun : and ping me rm whenever u see it after a move
[13:18]   r m : ok Varun
[13:19]   Vikkas C : varun u shud think abt taking a webinar on order flow 😉
[13:19]   Varun : this 12.40 candle
[13:19]   r m : @Dharamveer, I don’t have average volume records 🙁
[13:19]   Varun : i learnt from shai
[13:19]   Varun : he has oner
[13:19]   Varun : on youtube
[13:19]   Varun : its jsut observation
[13:19]   Vikkas C : can u post a link
[13:19]   Vikkas C : pls
[13:19]   Varun : sitting entire day on terminal is very stressfull
[13:19]   Varun : so i am unable to see it
[13:20]   Dharamveer : when is shai expected for the day
[13:21]   Varun : almost same thing happening for bulls now
[13:21]   r m : I think he may not be able to make it by close, he was supposed to here by closing but got caught in waterlogged roads 🙂
[13:22]   r m : @Varun, POC near top means the biggest volume of the day is with seller
[13:22]   Varun : but a poor high means, bulls took rest
[13:22]   r m : ok
[13:22]   r m : thanks
[13:22]   Varun : if they hit back, it will very powerfull above day high
[13:22]   r m : this is snake and mongoose war 🙂
[13:23]   Rajat : and day high poor high
[13:23]   Rajat : so needs a revist
[13:25]   Varun : its not mandatory to revisit them same day
[13:26]   Varun : it could be petrol over for today
[13:26]   Varun : will come back tmrw
[13:26]   Varun : or someother time
[13:26]   Varun : well done bulls
[13:26]   Varun : trying to defest the 42000 seller also
[13:26]   Varun : big green candle
[13:32]   Manoj : varun bhai i entrd bnf long @ 17748 should i hold it for new or near day high tgt
[13:34]   Varun : manoj dnt track bnf
[13:34]   Varun : 17730 i think should be stop thr
[13:34]   Varun : good abv it, then see pink green
[13:37]   Manoj : ok thanks
[13:37]   Dharamveer : does anyone have training videos of JDalton ?
[13:39]   Sreedhar : @varun does Shai has training videos uploaded in youtube?
[13:39]   Varun : all over you tube on his channel
[13:40]   Varun : 2 of them
[13:40]   Sreedhar : On OF or MP?
[13:40]   Varun : on youtiube
[13:41]   Dharamveer : no varun not the free one i was asking about the fieldof vison and livemarkets seminar
[13:41]   Varun : i dnt think anyone in indai will opt for them
[13:41]   RK : HDFC clear case of Short covering
[13:41]   Sreedhar : And also voice issues in videos of Dalton..
[13:42]   Varun : enought to learn from free ones
[13:42]   Varun : nope fine at my end
[13:42]   Sreedhar : oh.. unable to hear anything..
[13:42]   Dharamveer : i have watched the file of vision but didnt get chance for livemarkets seminar
[13:43]   r m : https://www.youtube.com/user/Vtrender
[13:43]   Porus : Dharam, do you have a link to Field of Vision?
[13:43]   Sreedhar : Thanks RM..
[13:44]   Dharamveer : @Porus gimme your mailid
[13:45]   r m : welcome
[13:45]   Porus : porusv@hotmail.com
[13:45]   Vivek K : some good examples in footprint.com
[13:46]   Vikkas C : dharamveer pls it to me as well
[13:46]   Vivek K : footprintchart.com
[13:46]   Vikkas C : chaudhryvikkas@gmail.com
[13:47]   Soumya : Please send it to me too – malanisoumya@gmail.com
[13:48]   John : @Dharamveer,if possible pls send me the link too!johntonygrey@gmail.com
[13:48]   Sreedhar : + 1 yaar Dharam.. sreedharguru@gmail.com
[13:48]   Shailesh : shailesh.mangal19@gmail.com me too
[13:48]   Hemant : Dharam, nailing it here 🙂
[13:48]   Hemant : hemant.chauhan@hotmail.com
[13:48]   Sreedhar : lol..
[13:49]   Hemant : A mailing list should be ready by now
[13:49]   Hemant : 🙂
[13:49]   r m : 🙂
[13:49]   Manoj : dont forget me infomation.manoj@gmail.com
[13:49]   Ashish : Me too Dharam paaji, ashjal714@gmail.com
[13:49]   Venkatesan : venkat200@yahoo.com dharam
[13:49]   r m : at this rate even Dalton will request for a link 🙂
[13:50]   Ashish : lol
[13:50]   John : 🙂
[13:50]   Hemant : Ha ha @RM
[13:50]   Sandeep : wheres the VWAp now
[13:50]   Srini A : @Dharam, asrini1@gmail.com
[13:50]   Sreenivas J : dharam pls also send me sajasti@yahoo.com
[13:50]   r m : @Sandeep, 8208, it is flat since 11:15
[13:50]   Varun : tell shai the boys in clas swere well behaved when he was not here
[13:51]   Sreedhar : Varun if NF crosses IBH here would be fast and furious to next high?
[13:51]   Varun : ya it should rallly if we cross day high +10
[13:51]   RK : lagging BNF is a concern..it should have kicked up by now if it wants to close higher
[13:51]   Hemant : So this is how the market too behaves, seeking value, most must follow
[13:51]   Venkatesan : wisdom of crowd
[13:51]   r m : @Varun, yeah told him that early moning itself 🙂
[13:51]   Varun : the buyat 8198 is still green
[13:52]   Varun : the prob is last 4 days we had p’s
[13:52]   Varun : ending like tht everyday
[13:52]   Varun : neutral
[13:52]   Varun : at vwap
[13:52]   Varun : and kris tells us wht happens on friday of clearing happens on monday
[13:53]   RK : VArun dont get it ..last comment
[13:53]   RK : you mean trend continuation from Friday to MOnday
[13:54]   Varun : kris said same price actions
[13:54]   Varun : ya
[13:54]   RK : on inventory basis
[13:54]   Venkatesan : :)))
[13:54]   Varun : friday-monday
[13:54]   RK : yep..
[13:54]   Varun : if we rally on friday it continues on monday in clearing week
[13:54]   Varun : his observation
[13:54]   r m : so if it closes at high safer to buy CE then PE 🙂
[13:55]   Varun : why in hurry to buy puts
[13:55]   RK : Yes thats right..when you reverse from short term bottom and make a base and then trend means it continues for 2 or max 3 days
[13:55]   Varun : 😉
[13:55]   r m : just cmmenting no intention 🙂
[13:55]   Varun : 🙂
[13:55]   Varun : every dam poerson on tl wants to short
[13:56]   RK : trend followers observe it well..when trend day happens and if you carry home position, trend will save you by keeping the trend another day to get your stops up 🙂
[13:56]   Varun : this could end ugly for bears
[13:56]   Varun : if we break high + 10 on fridayh last hour
[13:57]   Sreedhar : BN madad nahi de raha hai..
[13:57]   Varun : our stop should be at min a entry into pday range
[13:57]   Varun : 3 days we have nt enterred pday range
[13:58]   RK : I would be happy even if we close at VWAP without breaking PDH 🙂
[13:58]   Varun : u wanna confuse the bulls at close everyday
[13:58]   Varun : so they offload
[13:58]   Varun : and u win 😉
[14:00]   Rahul N : @shai i have bought bank nifty 17500 puts <whats your view ?
[14:01]   r m : @Rahul N, Shai is not here today
[14:01]   Kathir : @Rahul ask RM
[14:01]   Rahul N : ok
[14:01]   r m : @Kathir, 🙂
[14:02]   Kathir : @Rahul dhoni absent Kholi present 🙂
[14:02]   Rahul N : hahhaha
[14:02]   Rahul N : whats your take on the puts ?
[14:04]   r m : @Rahul, seems to be in an uptrend, PE can only be anticipatory and likely to lose value over weekend
[14:04]   Varun : (12:43) Varun :if this 24625 does get chance to cover and we turn green, we could rally(12:44) Varun :most imp pivot point for next few mins
[14:05]   r m : Value channel flat today in BNF, still above yesterdays http://screencast.com/t/D3nxebRoU
[14:07]   Tejpreet : Rmprecise and clean charts …wish Ami could also do the same.
[14:08]   Hemant : Very nice chart RM. A lot of work has gone into it seems 🙂
[14:08]   r m : ami is good for EOD analysis
[14:08]   r m : Thanks Hemant
[14:09]   r m : Just using them for quite a while, so keep trimming 🙂
[14:09]   Varun : rm ‘s charts are cleanest, once told this to him on twitter
[14:09]   Varun : thts why he’s the head bouy of our class
[14:09]   Varun : boy
[14:09]   r m : lol
[14:09]   Sreedhar : RM whats your twitter handle?
[14:09]   Kathir : RM room master
[14:09]   r m : @sharma_rm
[14:09]   Hemant : More like a Vice Admiral on this ship of traders on High seas
[14:10]   Hemant : @RM 🙂
[14:10]   r m : but I seldom tweet any market related thing from that handle 🙂
[14:10]   Varun : chupa rustam
[14:10]   Varun : types
[14:10]   Varun : 😉
[14:10]   Hemant : RM, you’ll have a new follower in a bit
[14:10]   r m : @Varun, wish that was true then I would have become Khula rustam 😀
[14:11]   Varun : 🙂
[14:11]   r m : @Hemant, you will get a lot of pro-Modi articles to read 🙂
[14:11]   Varun : ur profile tht u posted the other day was so clean and soothing
[14:11]   Varun : tht pro modi is all over twiiter
[14:11]   Sreedhar : +1..
[14:12]   Hemant : That doesnt change a thing RM. Voted Modi too 🙂
[14:12]   Varun : urs trully was part of modi core team
[14:13]   Hemant : Found RK after following RM
[14:13]   Varun : 250 of us
[14:13]   r m : great Varun, I am confident that he will change direction of the country in 5 years, just ignore his crowd 🙂
[14:13]   Varun : yup
[14:13]   Sreedhar : 10 years RM..
[14:14]   r m : yes Sreedhar, full changes will take that long to creep down, but the seeds will be fully sown in 5 years
[14:15]   Sreedhar : ya agree with you ..
[14:15]   r m : what happened with MMS is that he reaped the crops sown by PVN and ABV 🙂
[14:16]   RK : Maruti on race with NF 🙂
[14:16]   r m : 🙂
[14:16]   Kathir : and now MMS and team taking rest for these guys to sow seeds and etc
[14:16]   r m : nano is lagging behind as usual 🙂
[14:16]   RK : nano turned short RM 🙂
[14:16]   r m : lol
[14:17]   RK : only stock in short in my hand..reversed gears by 1 pm 🙂
[14:17]   r m : @Kathir, that is all those poor folks can do now 🙂
[14:17]   Manoj : bhailog any comment bnf please i hv positions
[14:17]   Varun : so the stop loss worked
[14:17]   Varun : play it till it doesn turn pink
[14:17]   Varun : u could get 100 more
[14:18]   RK : Manoj if you can afford keep SL below day low which is about 100 from your entry :)..me always a high risk low reward guy 🙂
[14:18]   Manoj : ok thanks varun bhai @ 17850 i wil trun green for day
[14:18]   RK : and let the trade remains open till close
[14:19]   RK : oops 17850 green means pls ignore my comment..you need to trail it then
[14:19]   Kathir : @RM overall nf delta is all negative 2lakhs plus from morning?
[14:20]   Kathir : -295000
[14:20]   r m : ok
[14:20]   Manoj : @RK my bad in mrng extrem huge longs gon for a toss & came in loss so if 17850 comes i will recover my losses
[14:22]   Varun : rm hve we enterred the value of this 8250 npoc
[14:22]   Varun : pls cn u chk
[14:22]   Tejpreet : Vix down to 15.29 drop of 4.5 %.
[14:22]   Varun : whch val npoc it is
[14:22]   Dharamveer : anyone who didnt get email ping me on fundhouseindia@gmail.com
[14:22]   Kathir : @RM yset it was like this but suddenlt some buying came and it turned to + 3 lakhs but today it never went up
[14:23]   RK : got it Manoj.
[14:23]   Vikkas C : some error in the link that u sent dharamveer
[14:24]   Vikkas C : just tried to open ..
[14:24]   r m : @Varun, 8250 from which date?
[14:24]   Vikkas C : no wait..u sent 2 mails ..let me chk the e2nd mail
[14:24]   Varun : thts toh wht i wanna know
[14:24]   Varun : see in 15 min thr is a npoc at 8250
[14:24]   Manoj : i did nt get
[14:25]   Sreedhar : Error Dharam bhai..
[14:25]   Dharamveer : first email its not formatted ell follow second one
[14:25]   Varun : just wanna know hve we enterred the value of tht day
[14:26]   r m : yes Varun, but not getting that in June NF charts
[14:26]   Varun : cos if we accept tht value
[14:26]   Varun : we could till vah of tht value
[14:26]   Varun : 80 %
[14:27]   Vikkas C : dharamveer ..i think there 8 parts to the video ryt ..if i am right ..not sure
[14:28]   Sreedhar : Varun why not enlighten us in weekends through webinaars.. in possible
[14:28]   Sreedhar : *if possible
[14:28]   Varun : my wife will say marry thm only
[14:28]   Tejpreet : lol
[14:28]   Sreedhar : ha ha ha..
[14:28]   Varun : already she is pissed with my twitter and trading time
[14:28]   Varun : i wanna detox from twitter
[14:28]   Varun : just unable to do it
[14:28]   Varun : on the job is best learning
[14:29]   Varun : i hope u holding from 8208
[14:29]   Sreedhar : ok .. respect..
[14:29]   Vikkas C : same here varun ..have noticed twitter screws up my trades sometimes
[14:29]   Sreedhar : still TL is filled with shorts..
[14:29]   Vikkas C : so stopped logging into twitter atleast during mkt hrs 🙂
[14:29]   Varun : ur worried abt trades, me abt life 😉
[14:29]   Vikkas C : hahaha
[14:30]   Varun : the green at 8208 showing no signs of pink yet
[14:31]   Sreedhar : yes.. that was a saving call was about to quit..
[14:31]   Kathir : where is nf vwap now
[14:31]   Varun : most quit at 96 types
[14:31]   Varun : 8196
[14:31]   r m : 8211 Kathir
[14:31]   Manoj : bnf???
[14:31]   Varun : here is tht 13000 guy
[14:31]   Kathir : rm bhai thanks
[14:31]   Varun : was looking for him
[14:32]   Dharamveer : @Vikas as i know its only 4 i suppose
[14:32]   Vikkas C : ok thanx a lot dharamveer ..have lready put it for dwnload
[14:33]   r m : BNF vwap at 17762 on my chart
[14:33]   Manoj : thanks rm bhai
[14:33]   r m : welcome 🙂
[14:34]   Varun : roz ka drama shuru, come back in ib and close at dpoc
[14:34]   Dharamveer : @Vikas always welcome
[14:35]   Varun : ditto pfoiles on 4th day
[14:35]   r m : @Varun, bulls ko jeene nahin denger aur bears ko marne nahin denge 🙂
[14:35]   Hemant : 🙂
[14:36]   Varun : bears toh mar rahe hain, bulls liquid oqygen pe je rahe hain
[14:36]   Varun : it gives a hope to bear everyday, i will join u tmrw
[14:36]   Varun : and ditches every day
[14:36]   Tejpreet : Long or short …best time to buy now as vix down by 5.5 % am sure greece will do something over the weekend to add value to the otions.
[14:36]   Varun : like tht college gf
[14:37]   r m : 🙂
[14:37]   r m : all the stops are expenses on gf 🙂
[14:38]   Varun : 🙂
[14:38]   Varun : twitter timeline silent, seems most trapped
[14:39]   Varun : the noise on tl is directly proptional to win
[14:39]   Vikkas C : why did i get panick and sell of my longs
[14:39]   Vikkas C : 🙁
[14:39]   Sreedhar : i was the first to become silent in the morning..
[14:40]   Varun : vikas u panicked at 8196/8200 ?
[14:40]   Vikkas C : yup
[14:40]   Varun : see rm
[14:40]   Vikkas C : bot @ 8204 and sold at exact 8196
[14:40]   Varun : read my comment exact at 8196
[14:41]   r m : now we know who was th big seller 🙂
[14:41]   Dharamveer : lol
[14:41]   Vikkas C : i did after my trade was booked 🙁
[14:41]   Kathir : @RM where is the monthly vwap for NF?
[14:41]   Varun : its alwsy retail
[14:41]   Vikkas C : but never mind ..always another day
[14:41]   Varun : npoc in site
[14:41]   Varun : sight
[14:41]   r m : @Vikkas, take your money from Varun, he bought there from you 🙂
[14:41]   Vikkas C : hahaha..
[14:41]   RK : my 2 cents..its not bragging but to give some confidence to all who get a panic on such moves.
[14:42]   Varun : ya
[14:42]   Varun : just a learn
[14:42]   Vikkas C : yes..
[14:42]   RK : in last 6 months, I always carried 10-15 stocks home
[14:42]   RK : as positional.
[14:42]   r m : @Kathir, let me find out the indicator for longer session vwap
[14:42]   Vikkas C : i have already learnt a lot inthis chat room in the past 1 mnth
[14:42]   RK : never a day I was having NIL position
[14:42]   Kathir : ok
[14:42]   Vikkas C : and happy to say my trades are much much better
[14:42]   Manoj : koi bnf ko bhi bhagao yaar
[14:42]   RK : even on Budget day went home with 13 positions
[14:42]   Tejpreet : Wow Rk that is something great …need courage.
[14:43]   Kathir : @RK fortune favours the brave 🙂
[14:43]   RK : this I can do only coz I know where my stops and targets are
[14:43]   RK : and nothing can change my mind
[14:43]   Kathir : nice
[14:44]   Vikkas C : and best part i had also put my stop @ 8190 yet cut it before that ..cos of panic
[14:44]   RK : still I do bad entries but those only by losing profit 🙂
[14:44]   Vikkas C : cos i had bot 3000 NF
[14:44]   Tejpreet : RK as you playpositional are your stops id or eod.
[14:44]   Vikkas C : money management A MUST..!
[14:44]   RK : so when you enter a trade, fix you mind with a stop and never get out of a trade in betweeen on any shakeout..
[14:45]   Vikkas C : yes ..learnt one more imp lesson today
[14:45]   RK : Tejpreet intra only but deeper SLs like PDH or 2 day low etc
[14:46]   Tejpreet : Got it there is where the difference lies in id your sl are too close.
[14:47]   Vikkas C : SL was close as per my system so went in with big quantity ..yet panicked and sold
[14:47]   RK : when we had props operating in first 15 mins of move in last month..had a hell of time..RM was the person who used to listen my cry outs 🙂
[14:47]   Sreedhar : Varun as pointed earlier, Delta is red with huge negative..
[14:47]   Varun : i dnt read tht delta as i dnt know how to
[14:48]   Varun : i read panic sells or buys in 5 min
[14:48]   r m : 🙂
[14:48]   Varun : if i am lucky to be on screen
[14:48]   Varun : tht min
[14:48]   Soumya : @Varun bro – please share your number or email – I need to ask you few things
[14:48]   Varun : ask me anything here
[14:48]   Varun : will share my mail id
[14:48]   Varun : but i hardly able to reply mails
[14:48]   Varun : sabharwal.dlf@gmail.com
[14:49]   Sandeep null : varun where do we go from here
[14:49]   Varun : if u get a pink get out
[14:49]   Varun : elkse hold
[14:49]   Vikkas C : varun u a madu or a punjabi ..(offtrack question)
[14:49]   Varun : punjabi pure
[14:50]   Varun : 🙂
[14:50]   Soumya : actually i am new and reading mind over markets – it would be great if you could just guide me a bit as to how to approach market profile and how to set up and stuff
[14:50]   Vikkas C : hmm.. 🙂
[14:50]   Varun : so best read tweets oif pit trader and ask live
[14:50]   r m : the day a sabharwal turns out to be a Tamilian, Amma’s seat will be shaken 🙂
[14:50]   Kathir : 🙂
[14:51]   Vikkas C : hahahahahahaha
[14:51]   Venkatesan : :))))))))
[14:53]   Srini A : LOL 🙂
[14:54]   Vikkas C : @RM @Varun say if a 30 mins candel closes abv or below the IB then shud the trade be taken immediately or wait for the pullback to IB and then initiate a trade
[14:55]   r m : @Vikkas, a 30 minute candle gives chance only in a dull market, a rapid moving market will go to extreme in 30 minute and come back
[14:55]   Manoj : varun bhai green truned pink exit longs in nf ??
[14:55]   Varun : ya grren turned pink, but again 38000 seller at bottom
[14:55]   Varun : lot of thinks i take in to context
[14:56]   Varun : and next green candle
[14:56]   Venkatesan : short it varun
[14:56]   Varun : i will not short for the day
[14:56]   Vikkas C : no i asked cos i have noticed many a times taking a trade moment the candel brk IB then it alwasy always retests the IB 8 out of 10 times
[14:56]   Varun : and tht too above vwap
[14:56]   Venkatesan : on thakn u
[14:56]   Venkatesan : ok
[14:56]   Kathir : @venk you are intraday player or positional?
[14:57]   r m : yes Vikkas, IB trade fails more than succeeds these days 🙂
[14:57]   Venkatesan : intra only ,
[14:57]   Venkatesan : kathir
[14:57]   Kathir : ok
[14:57]   Vikkas C : ok cool thanx RM
[14:57]   Venkatesan : i do not have stomach to keep over night position
[14:57]   Vikkas C : RM the IB that u take is of how many mins
[14:57]   Vikkas C : 30/45/60
[14:58]   r m : basically all breakout trades are good for trending days while most days are non-trending
[14:58]   r m : 60 minute
[14:58]   Kathir : 🙂 venk
[14:58]   Vikkas C : ok thanx
[14:59]   Manoj : kept buy @ 8215&8210 with 20pt 1:1 trade (WVAP based)
[14:59]   Vikkas C : so can we take 60 mins IB and then follow it up on 15 mins ..does this make sense
[14:59]   Varun : gone lows
[15:00]   RK : Varun seems another 21900 got trapped 🙂
[15:00]   Varun : ya
[15:00]   RK : and 10525
[15:00]   Varun : but will wait fr a green to reneter
[15:00]   Varun : cos we r alreadyh abv vwap
[15:00]   Varun : so dnt have aref point
[15:01]   Varun : and its already 3
[15:01]   RK : so we have total of 70K there
[15:01]   RK : entire day patience is being tested in last 30 mins 🙂
[15:01]   r m : @Vikkas, i doubt it, an IB break has to be traded at breakout, only confirmation can be from volumes at breakout or total volumes traded in the day, you woud often find Shai commenting that volumes are not enought to support breakout – that kind of understanding comes from experience and can’t be based on time frames
[15:01]   Tejpreet : Could be profit booking of longs also by margin player around 3 pm.
[15:02]   RK : possible
[15:02]   RK : but that comes around 3.10 right?
[15:02]   RK : after 3.10?
[15:02]   r m : 15:15 in most brokerages running it on system
[15:02]   Vikkas C : hmm..ok cool appreciate ur help RM
[15:03]   VR : NF in premium. someone pinch me 🙂
[15:03]   r m : PINCH VR 🙂
[15:03]   Kathir : 🙂 after a long time I guess
[15:04]   Kathir : @RM does it suggests short covering has ended or on going on
[15:04]   RK : Shai’s job is remarkable..we all face each other questions..and hesistate to advise on trades..but he is doing a outstanding work of attending each one with various queries and throws levels at a spark of time..man of inspiration 🙂
[15:05]   Vikkas C : +1 RK
[15:05]   Kathir : true RK wonderfull
[15:05]   Manoj : +N RK
[15:05]   Venkatesan : yes rk , it is diffuclt to follow mkt and reply to our room mates
[15:05]   RK : and his patience..no way..
[15:05]   Venkatesan : parellely
[15:05]   r m : yep, he never gets frustrated by our repeated silly questons too 🙂
[15:05]   Srini A : +100
[15:06]   Dharamveer : Shai Bn again a P Shape profile and last few days its moving up so is there a point of BN weakening on shortcoverings
[15:06]   Srini A : Manoj’s 17850 is here 🙂
[15:06]   RK : Hey Manoj congrats 🙂
[15:06]   r m : @Kathir, that will be clear in EOD OI data only
[15:06]   Manoj : after i exited @ 17806
[15:06]   Srini A : Frenzy in BNF
[15:06]   Manoj : not my day today
[15:06]   Vikkas C : almost donw with the dwnld as well dharamveer ..appreciate the help 🙂
[15:07]   Kathir : oh manoj
[15:07]   RK : its ok Manoj..will catch up..
[15:07]   Venkatesan : manoj 2morros is there do not worry
[15:07]   Hemant : Shai gives his best, selfless with helping us all out here 🙂
[15:07]   r m : @RK,
[15:07]   Kathir : @RK ok
[15:08]   r m : Axis Bank is still in Shavasana 🙂
[15:08]   Manoj : yes
[15:08]   Srini A : Huge vols in BNF
[15:08]   RK : RM we still have 25 mins 🙂
[15:08]   r m : lol
[15:08]   RK : HUL too gone to shavasan 🙂
[15:08]   Kathir : @Manoj the morning trade collapsed your plan otherwise it is a great day for you man
[15:09]   Manoj : yes kathir
[15:09]   Manoj : after mrn trade i lost confidance
[15:09]   Kathir : no worries everyday market is here..will catch up 🙂
[15:10]   RK : but RM that’s certainly tiger tail..we will pick it up when it jumps from that band..
[15:10]   RK : @Axis
[15:10]   Venkatesan : manoj dont do trade in bnf, nf is less volatile and give you more cusion
[15:10]   VR : chart delayed?
[15:10]   Kathir : @yeah venk nf 50 overs ..bnf 20/20..
[15:10]   John : @RM is BNF a neutral extreme profile today?
[15:11]   r m : yes RK, kept that chart in front today, it behaved like an obdient but dull student 🙂
[15:11]   Venkatesan : right kathir
[15:11]   r m : @John, Normal Variation day in both
[15:12]   John : @rm thanks
[15:12]   r m : it did not go below IB, neutral day means both sides of Initial Balance denoting presence of both buyers and seller hence neutral
[15:13]   John : ok,understood.Thanks @rm
[15:13]   Venkatesan : entire day above sterday range
[15:14]   RK : I think day squareoffs are here
[15:14]   Venkatesan : rm monday positive open/gap up any?
[15:14]   r m : will depend on global cues, as of now looks positive
[15:14]   Venkatesan : thank u
[15:15]   r m : not much chance of gap up I think
[15:16]   Venkatesan : rm /rk varun left to south, mean home?
[15:19]   r m : ?
[15:19]   Venkatesan : bnf strongerthan nf
[15:20]   Venkatesan : no just asking is really sabharwal south? rm
[15:21]   Venkatesan : wow strong close, i guess
[15:21]   Tejpreet : Axis bank trying to wake up (15:08) r m:Axis Bank is still in Shavasana 🙂
[15:22]   r m : no Sabharwal is true blue Panjabi
[15:22]   Venkatesan : :)) @ tej
[15:22]   Venkatesan : nice @rm
[15:22]   r m : 17960 spot cometh
[15:23]   RK : so marker attracts
[15:24]   r m : @Tejpreet, axis bank bang in middle of IB
[15:25]   r m : yes!
[15:25]   Tejpreet : Let us see it on Monday …weekend empty handed 😉
[15:26]   Manoj : my mistake a bad week but all thanks to Vtrender to just letit B bad & not extreme Worse
[15:27]   Kathir : Special thanks to RM and Varun….thanks and bye all 🙂
[15:27]   Manoj : had wild swing from +2.5 times for monday morning opening margin to -10% loss @ closing
[15:28]   Manoj : thanks to all & lets see all on monday morning with a new ray of hope
[15:28]   Kathir : @manoj actually my hands tempting to buy few PE 🙂 but no
[15:28]   Manoj : bye
[15:28]   Manoj : even mine but
[15:28]   Sreedhar : Varun apart from saving trades.. learnt a lot from you Thank you very much..
[15:28]   Soumya : Thank you Varun bhai
[15:28]   Manoj : i dont think its right to buy now
[15:28]   Kathir : last week of the month so no risk
[15:28]   Tejpreet : Bye All.Thanks RM for conducting the show.
[15:28]   Manoj : +1 somya
[15:28]   Soumya : Thank you RM
[15:28]   Moses : Bye All
[15:29]   Manoj : bye RM
[15:29]   Kathir : : Special thanks to RM and Varun….thanks and bye all 🙂
[15:29]   Dharamveer : Bye all
[15:29]   Manoj : Bye Varun And all have a pleasent weekend ahead
[15:29]   Hemant : Alright folks, have a great weekend ahead! Looking forward to an exiting weekend, stress free 🙂
[15:30]   Venkatesan : rm clsogin is strong nah?
[15:30]   Porus : bye all
[15:30]   Vikkas C : bye all
[15:30]   Venkatesan : thank you rm, rk varun and friends
[15:30]   Sreedhar : happy weekend to all
[15:30]   Varun : i was with my positions in last half hour
[15:30]   Varun : sorry clnt reply
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:31]   RK : thanks and bye all 🙂
[15:31]   Sreedhar : Thanks Varun.. hope learning continues from you..
[15:31]   Kathir : @Sreedhar best weekend should be ours in Blore
[15:31]   Kathir : sorry yours
[15:31]   Venkatesan : njoy kathir but mixt it well before drink
[15:32]   Kathir : @Venk I am in coimbatore only . .typing mistake
[15:32]   Venkatesan : have a nice week nd
[15:32]   Kathir : yeah bye same to you venk
[15:33]   Sreedhar : Ya Kathir thanks.. Wish you a wonderful weekend also..
[15:33]   Venkatesan : manoj 2morrow is there come on bye
[15:33]   Varun : man we ended at highs
[15:33]   Varun : said it in morning, pls dnt short
[15:34]   Varun : yes
[15:34]   Venkatesan : yes varun i cna rememer, thank you
[15:34]   r m : @Varun, we did not thanks to you 🙂
[15:34]   Varun : haan kuch bhi 😉
[15:35]   r m : Thanks and bye all, enjoy weekend, increase Mallya’s sale 🙂
[15:43]   Sreedhar : ha ha RM..