OrderFlow charts and Notes 19/11/15

[08:46]   r m : Good Morning folks!
[08:46]   r m : http://vtrender.com/levels-and-plan-for-19th-nov/
[08:47]   r m : http://vtrender.com/orderflow-charts-and-notes-171115/
[08:47]   Sandeep69 : gm rm
[08:47]   r m : Hi Sandeep
[08:47]   r m : http://vtrender.com/consolidated-orderflow-181115/
[08:47]   r m : Nifty NOV Future levels | KRA 7918 | Hypo1 above 7777➜7816➜7914 SL 7730 | Hypo2 below 7722➜7696➜7639 Sl 7777
[08:47]   r m : Banknifty NOV Future levels | KRA 17085 | Hypo1 above 16940➜17094➜17279 Sl 17830 | Hypo2 below 16790➜16735➜16625 SL 16895
[08:47]   Janak : damn the FED – everytime mkt looks like going down fast – they come and make the US mkts go up
[08:47]   Shankar : Good Morning RM and all
[08:47]   Janak :i hate yellen & co ;
[08:48]   r m : Hi Shankar
[08:48]   r m : @Janak, short Yellen 😀
[08:48]   Janak : or shot
[08:48]   Janak : shoot
[08:49]   Janak : short yen and shoot y……
[08:49]   Janak :i guess shai needs to mention here FED event today everytime it is there – then we can buy the market for next day gap up
[08:50]   Janak : 100% track record that FED events give gap ups next day
[08:59]   Anay : GM All
[09:00]   Shai : GM all
[09:04]   Ashish : GM all
[09:05]   Gaurav A : gm all
[09:09]   Gaurav A : yesterday double bottom on nifty gave us a hint for longs
[09:09]   Tejpreet : GM All.
[09:10]   Shai : gap up – using 7777 as a ref level along with 7816 higher of the extendion level
[09:10]   RK : GM Shai,RM and al
[09:10]   RK : all
[09:10]   Vikkas : Gdmrng all
[09:11]   Vikkas : Hi RM
[09:11]   Shai : is still weak below 7816 but confirmation of weakness below 7777
[09:11]   Shai : extension*
[09:11]   RK : Shai possibility of that Algo is covering shorts by FII ?
[09:12]   RK : FII turned Index buyers first timeyday..
[09:12]   Venkatesan : gm shai,rm and to every one
[09:13]   r m : Hi RK, Vikkas, Venkatesan
[09:14]   Uttam : GM Everyone 🙂
[09:14]   Shai : could be RK
[09:14]   Shai : test is still a survival abv 7777 today all day
[09:14]   RK : Yes
[09:17]   Vikkas :charts ?
[09:17]   Uttam : PEs losing value
[09:17]   Tejpreet : Charts still not up !
[09:19]   Janak : dlf is banned for trading!
[09:19]   Janak : can anyone test pl – i tried punching orders
[09:19]   Janak : rejected
[09:20]   Vikkas : yes dlf and jindalsteel in ban
[09:21]   Porus : Shai, have you changed the order of charts?
[09:22]   Shai : Keep an NF sell below 7768 sl of 7795 tgt 7725
[09:22]   Uttam : Shai do we put the SL for the PE & CE or ait?
[09:22]   Uttam : wait?
[09:22]   Janak : shai nf/bn can go for gap fill?
[09:22]   Shai : don’t put sl on ce and pe – we will exit one
[09:23]   Shai : allow a few more mins for a positional play esp at open
[09:23]   Uttam : done Shai
[09:23]   Tejpreet : Yes porus looks like some change in set up ….Shai not fittting to well on single screen , can we have the old layout.
[09:24]   Shai : Yes Porus the 30 min is on the extreme left
[09:24]   Tejpreet : 5 min appers too wide.
[09:25]   Shai : was just a shift
[09:25]   Shai : dimensions are the same
[09:25]   Shai : back to the old view fr now
[09:26]   Tejpreet : Yes dimensions same but one monitor got lower resolution hence left side was an issue ….anyways back to normal now.Thanks.
[09:29]   Gaurav A : shai abv 7816 will the scene change in for longs favor??
[09:29]   Shai : yes Gaurav
[09:31]   Janak : gaurav not today please – ask bulls to come in dec series 🙂
[09:31]   Janak : we want 7500 fast
[09:36]   Janak : 940 to 440 close – ideal in bnf today – follow up of yday’s fall
[09:38]   Gaurav A : bhai 3 lots @7726.30 7950 pls first
[09:39]   Janak : oh dear – that is a brave trade
[09:39]   Janak : book profits and be on the trend-side
[09:40]   Janak : last week – all the gap-ups have been sold-off if u’ve observed
[09:42]   Gaurav A : as u said in mornig i trust yellen aunty 🙂
[09:43]   Gaurav A : kept sl of hypo trade will add more abv 7816 as per shai view
[09:46]   Gaurav A : still believe no rate hike in dec as per current Dollar index levels @99.30+ currently unhe bhi to merry christmas manana hai 🙂 🙂
[09:48]   Janak : yellen ki to ma ki ………….:-)
[09:49]   Gaurav A : have been atleast a year or more that they are planning to hike rates still planning is underway 🙂
[09:52]   r m : BNF made a stab at yvwap
[09:52]   Varun : interesting rm
[09:52]   Varun : very imp ref level for a test
[09:53]   r m : yep
[09:53]   r m : trend day vwap as your pinned tweet says 🙂
[09:53]   Varun : yup if it rejects from here, we se range extension on downside
[09:53]   r m : ok
[09:54]   r m : NF is coiling around yvwap 🙂
[09:55]   Shai : Buy NF 7788 sl of 7771 tgt 7806/ 7816
[09:55]   Shai : keep the sell below in system open
[09:58]   Gaurav A : 🙂
[10:01]   Shai : BNF is beginning to look good and may propel the index up
[10:02]   Shai : shorts have not been able to come on gap up and make headway and hence looking for test of 7808-7816
[10:08]   Ashish : 55530 seller in BNF is heavy Shai?
[10:12]   Shai : 5 mins?
[10:12]   Shai : was looking elsewhere- which chart?
[10:12]   Ashish : Yes, 0950 candle
[10:12]   Ashish : @ DPOC
[10:13]   Shai : yeah qty is big but not aggresive and delta came off the lows
[10:13]   Tejpreet : Guys keep an eye on vix for option players close to critical level given by Shai.
[10:13]   Tejpreet : [09:27] Shai : vix supp at 16.28 ad res at 19.06[09:27] Shai : very week is we get a weekly clsoe below 16.28
[10:14]   Ashish : ok Shai, thanks
[10:14]   Tejpreet : RM can you please update this on stock level sheet as it is not there.
[10:17]   r m : Sure Tejpreet
[10:17]   Tejpreet : Thanks.
[10:18]   r m : welcome
[10:19]   Ashish : BNF is sleeping
[10:19]   Shai : exit 7700 pe at 28
[10:22]   Shai : Book 50% NF 7801 . Bring sl to 7785 on rest
[10:23]   Shai : watch orderflow here- this is the zone of yesterday selling
[10:27]   Uttam : Shai for BNF shorts selling a 17000PE as hedge will be good as BNF looking strong?
[10:28]   Shai : not yet has to still cross abv yvwap and IBH
[10:29]   Uttam : oh ok so once it crosses 17040 could go for it?
[10:29]   Gaurav A : shai abv 7816 can nifty shoot to 7914 as per hypo
[10:30]   Uttam : also Shai the 7800 PE taken as hedge for 8000 CE could be held till spot 7805 is not crossed & sustianed?
[10:30]   Gaurav A : Bank of Japan conf @12:00 more stimulus expected
[10:30]   Shai : 7860/ 7914 abv 7820
[10:31]   Shai : Yes UTTM 7805 spot and 7840 final
[10:31]   Uttam : thanks Shai
[10:33]   Kathir : 25-Nov – gurunanak Jayanti – holiday
[10:33]   Shai : selling is severe NF
[10:34]   R Goel : but shai also if NF manages to stay above vwap till 2:00 then this should cover ?
[10:34]   Uttam : for NF we could have a fresh buy above 7816 (f)?
[10:35]   Shai : for multiple reasons was using 7777 with a 10 pint filter at open for shorts : (09:10) Shai :gap up – using 7777 as a ref level along with 7816 higher of the extendion level
[10:36]   Shai : yesterday’s high volume zone, yvwap all there
[10:36]   Shai : shorts have to still drop it below 7777 else a squeeze abv 7820
[10:37]   Shai : add back NF abv 7821 sl of 7810 tgt 7860
[10:38]   Shai : 11 point risk trade to see if we go through that balance zone abv 7820
[10:38]   Gaurav A : sir u forgot to mention 7914 # just joking will be happy with 7860 for today
[10:39]   Uttam : big seller @ 7814-15? 136725
[10:39]   r m : Today’s profile looks like a Kangaroo baby in mother’s pocket 😀 http://screencast.com/t/xN3x4rHXk5C
[10:39]   Gaurav A : 🙂
[10:39]   Venkatesan : ;)))))))
[10:40]   Venkatesan : rm it looks rk starts covering shorts
[10:40]   Venkatesan : ji
[10:40]   Shai : Gaurav hypo pssible 7914
[10:40]   Nandesh : can we buy BNF ?
[10:40]   RK : Venkat not yet 🙂
[10:40]   Shai : if it was not possible I would not place it
[10:40]   Soumya : http://economictimes.indiatimes.com/markets/stocks/news/from-dalal-street-to-twitter-stock-enthusiasts-plug-into-the-social-network/articleshow/49837703.cms
[10:40]   Venkatesan : ;))))
[10:41]   Soumya : Blessed to be part of Economic Times article today
[10:41]   Uttam : NF longs active
[10:41]   Gaurav A : let the kangaroo jump rm ji shai gave a go to it
[10:41]   r m : Congrats Soumya!
[10:41]   r m : @Soumya, waiting for the day when you buy Economic Times itself 🙂
[10:41]   Kathir : oh congrats soumya
[10:42]   Tejpreet : Congrats Soumya.
[10:42]   Kathir : @RM after that we both will write articles there 🙂
[10:42]   Soumya : Thank you brothers..
[10:43]   r m : @Kathir, you can write article even now, Soumya may consider publishing it on his app 🙂
[10:43]   Shai : Nice Soumya. Congrats
[10:43]   Ashish : Congrats Soumya, keep it up
[10:43]   RK : Congrats Soumya
[10:43]   Sandeep : shai, exit the add back nf at 7810?
[10:43]   Varun : shai entore move up from 90 to 20, delta pane red
[10:43]   Varun : was this being used to sell
[10:44]   Shai : yes exit all NF is 7810 breaks
[10:45]   Shai : yes sellers here
[10:45]   Shai : 7820 still bottom of that balance of 2 days
[10:47]   Shai : still in imbalance since yesterday this NF
[10:48]   Shai : Yes Varun sellers oeprating here
[10:50]   Shai : IF not in look for the long abv 7824
[10:50]   Shai : small buyers coming back
[10:50]   RK : Shai BNF VWAP 17036 as per blog is right or should take 16988 from charts here?
[10:51]   Shai : 17036 is right one RK
[10:51]   RK : thanks..was referring that one only and just read msgs here so got confused..
[10:55]   r m : @RK, on my charts it was 16995 so i thought the one on chart here was correct 🙂
[10:58]   Uttam : Shai now taken hdge for BNF shorts by selling 17k PE
[10:58]   Shai : seller is not giving up
[10:58]   Shai : NF is trending into the 1.5 day old balance
[10:58]   Varun : but nt able to push proce down, even more trouble fr bears ?
[10:58]   Shai : more chances of 7860 over here
[10:59]   Shai : 7806 dvah is the right TSL for the trade – 7810 may be a bit tight
[11:00]   Shai : something will give here – 30 points either way as price and orderflow differ
[11:00]   RK : this kind of stop and run moves are mainly ue to short covering
[11:00]   Uttam : so for NF longs SL will be 7806
[11:01]   Varun : one time farming since morning
[11:01]   Varun : framing
[11:01]   Shai : yes Uttam we crossed 10.45 and made a new high- let’s stick with trend day for now
[11:01]   Shai : yes one time frame
[11:01]   Uttam : yes
[11:01]   r m : yesterday IBL was 7830, NF wants to go back in there 🙂
[11:02]   RK : till this 7820-30 it was a sleeping pill day RM yday..then only all those drunken monks entered 🙂
[11:03]   r m : lol
[11:03]   Uttam : 🙂
[11:06]   Shai : max pullback from open is 15 points in NF
[11:18]   Shai : seller beginning to get control again
[11:18]   RK : one big seller at BNF top
[11:21]   Ashish : Where RK?
[11:22]   RK : daily
[11:24]   Ashish : NOt that much big
[11:25]   Ashish : I have seen one around 16560, 55000 seller
[11:26]   RK : anything>20 is good qty in BNF 🙂
[11:26]   Kathir : @rk may be small for Ashish
[11:27]   RK : 🙂
[11:27]   r m : 🙂
[11:27]   Ashish : LOL Kathir 🙂
[11:31]   Shai : 11.45 to make a new high in NF
[11:40]   Shai : new high not coming
[11:40]   Tejpreet : Seller not gving up easily .
[11:41]   Shai : vwap 7797 hold the key here now
[11:42]   RK : yday vwap too there only-7799
[11:48]   Ashish : BNF @ IBH and YVWAP
[11:49]   RK : Ashish 17036 is Yvwap for BNF
[11:49]   Ashish : OK as per blog
[11:50]   Shai : yes some confusion caused by thos eheavy vols yesterday
[11:50]   Shai : but we are going by blog one
[11:50]   Ashish : Got it Shai
[11:53]   Gaurav A : nifty train(7914) is running late as per schedule expected arrival 12:00 🙂 (BOJ policy -increased stimulus expected)
[11:55]   Tejpreet : Nifty wants to run but BN is still sleeping.
[11:56]   r m : BN is a torpedo, can go up or down at high speed 🙂
[11:56]   Tejpreet : But some one needs to fire the damn torpedo 😉
[11:57]   r m : lol
[11:57]   RK : Tej BNF still not into the level for shorts to run for cover 🙂
[11:57]   RK : maybe above 17050
[11:57]   r m : someone torpedoed Shai’s connection 🙂
[11:58]   Ashish : LOL
[11:58]   Tejpreet : hahha
[11:58]   Porus : someone seems to have tickled bnf. Started to yawn.
[11:59]   r m : Nifty spot is back in yesterday’s IB, NF is laggin behind
[12:02]   Nandesh : fresh long in NF or bnf now possible
[12:02]   Porus : she heard you RM
[12:02]   r m : Shai came back with those huge reds at top 🙂
[12:06]   Shai : Nandesh we will wait
[12:06]   Nandesh : ok
[12:06]   Shai : Not happy with the OF abv 7824 for new longs
[12:15]   Janak : shai any weekly 80% in play?
[12:16]   Soumya : Thank you shai bro
[12:22]   Janak : rm – pl tank the mkt
[12:22]   Janak : take bn to 820 and below
[12:24]   Venkatesan : shai weekly resistatance 7840 spot?
[12:25]   Janak : hindustan ki awam chahti he ki rm janab is waqt mkt ki jiddo-hahad aur shan ke khatir…………….usko giraye 🙂
[12:25]   r m : @Janak, till Shai’s stop 7810 not taken out noone can harm nifty 🙂
[12:25]   Shai : yes Venkatesan
[12:25]   Venkatesan : thank you shiai
[12:28]   Nandesh : guide us for fresh position
[12:28]   Nandesh : shai guide us for fresh position
[12:29]   Shai : Buy NF here 7832 sl of 7810 tgt 7858
[12:29]   Shai : sellers still not able to make progress
[12:29]   Shai : in the last hour we can spike
[12:31]   Nandesh : BNF is not supporting move in NF
[12:34]   Janak : shai what are weekly 80% values?
[12:37]   r m : @Janak, 7782-7938 for nifty spot http://vtrender.com/nifty-bn-weekly-view-spot-for-16-nov-20-nov15/
[12:40]   Janak : thnx r
[12:40]   r m : welcome
[12:40]   Uttam : Shai your lest call not showing in 2nd tab
[12:40]   Kathir : @NANDESH IT index also up so bnf move bit slow
[12:41]   Uttam : *last
[12:42]   r m : @Uttam, last was an annswer to Nandesh’s query I think, not a call
[12:43]   r m : call is still alive because 7810 has not been triggered since 10:44
[12:44]   Shai : Buy 7850 ce at 49 sl of 37 tgt 62/ 68
[12:45]   Uttam : oh ok thanks RM\
[12:51]   Janak : what shai man! bullish – it will look so good if mkt does 7830-7730 🙁
[12:53]   r m : 🙂
[12:54]   r m : what about first 7918 and then 7530? 🙂
[12:54]   RK : RM so you want shave head first and then remove trouser 🙂
[12:55]   r m : lol
[12:55]   Venkatesan : i go with rm ji
[12:55]   Janak : 🙁 7919 can come in dec also – garib FIIs ko kyun pareshan karte ho sir ;
[12:55]   r m : @RK, just jesting with Janak 🙂
[12:55]   RK : 🙂
[12:55]   r m : @Janak, FIIs have very low OI
[12:56]   Venkatesan : actually yesterday client shorted more than FII
[12:56]   r m : @Venkatesan, i was talking about FII’s share of total OI
[12:57]   Venkatesan : got it ji
[12:57]   r m : it is below 40% I think
[12:57]   Venkatesan : thank you ji
[13:00]   r m : about 38%, but equal shorts and longs
[13:01]   Janak : rm u have weekly 80 VAH-POC-VAL values?
[13:02]   r m : i can check, but values may differ from Shai’s – I use minute data for profiles
[13:02]   r m : that one I gave from Shai’s chart posted in weekly nifty view
[13:02]   Janak : ok give me favorable values ; where i can short right away
[13:03]   Venkatesan : ;)))))
[13:03]   Janak : and if the mkt tanks – put the blame squarely on shai ;
[13:03]   r m : lol
[13:04]   RK : Shai those 5L + sellers are back here again on daily top? # old 7880
[13:04]   Gaurav A : janakji buy now and sell at 7914 kangaroo ready to jump –
[13:06]   Venkatesan : :)))))
[13:06]   Gaurav A : bknf still alive it seem woke up after long sleep 😉
[13:07]   Kathir : NF SPOT AGIN TESTIN 7840
[13:07]   Shai : Janak 7880- 7860- 7785 spot 80%
[13:08]   r m : bye guys, have to attend a reception, see you tomorrow 🙂
[13:08]   Kathir : enoy RM bye
[13:08]   Kathir : enjoy
[13:08]   r m : Thanks!
[13:08]   Shai : This Janak no , has a bad habit of messing up all my trades 🙂
[13:08]   Porus : bye rm
[13:08]   Venkatesan : bye ji thank you
[13:08]   Ashish : Bye RM.
[13:09]   Kathir : lol shai 🙂
[13:09]   r m : @Shai, lol
[13:09]   Shai : Enjoy RM and can you take Janak with you?
[13:09]   Venkatesan : :)))))
[13:09]   Ashish : hahahaha
[13:09]   Kathir : shai especially your long trades 🙂
[13:09]   Tejpreet : lol
[13:09]   r m : come Janak, sumptuous lunch, maybe smirnoff too, one never knows 😀
[13:09]   Gaurav A : bye and enjoy
[13:09]   RK : bye RM..have a nice day 🙂
[13:10]   Venkatesan : good vodka toebat monsoon
[13:10]   Venkatesan : beat monsoon
[13:10]   r m : no monsoon here, it is cold and sunny
[13:10]   RK : Yes Shai..let us lock him in one tab so that our trades survive 🙂
[13:10]   Shai : haha
[13:11]   Shai : Book 50% NF 7845 , keep sl at 7822 on rest : 10:37 Shai : (10:37) Shai :add back NF abv 7821 sl of 7810 tgt 7860
[13:14]   Varun : shai in last one year whenever i have seen such big sellers at top, a big down move comes to shock of everyone
[13:14]   Varun : anychances
[13:14]   Varun : today
[13:14]   Janak : shai does this rule out a visit to 7700 in this series?
[13:14]   Varun : a 9 lakh seller is a rare site
[13:14]   Varun : in top 5 bids
[13:16]   Rahul P : 9 lakh seller ?? where ?
[13:16]   Shai : Janak today’s structure is bullish and upmove is cos yesterday sellers are trapped
[13:16]   Shai : but trend is still down and upto 7930 a bigger seller should come
[13:16]   RK : Varun If am right, in Aug or Sep too we had such sellers stake on top but it kept moving up in a grind and finally one boom in the next days..OF was showing huge reds but still it made highs..
[13:17]   Varun : thanks rk
[13:17]   Tejpreet : Shai what is the vwap of nov series ?
[13:17]   Varun : such sellers if we se around 11 ina drive , do react..its actually now quite late in the day too
[13:17]   Shai : 7898 spot vwap nov
[13:18]   Tejpreet : So guess another 60 points still there to mop up for bulls.
[13:20]   Shai : I think if we close at highs and sellers persist then we will buy some puts into the close
[13:21]   Shai : 7840 spot is still a resistance and the premium decay prevented that move to 7858
[13:21]   Uttam : yes above 7844 nifty spot we could have a good fast upmove
[13:22]   Shai : BNF has a big long at 17040
[13:22]   Shai : 17070 actually
[13:22]   Uttam : 46470?
[13:22]   Shai : yes
[13:23]   Shai : same trade as few days back
[13:23]   Shai : some institution feels 17040 is important in their scheme of things
[13:23]   Shai : remeber the 17040- 17240 spike
[13:23]   Uttam : yep fat finger one
[13:26]   Ashish : Shai, please shifty BNF TPO chart on upside
[13:27]   Ashish : Thanks
[13:27]   Shai : lagging NF today the BNF
[13:28]   Uttam : above 17125 (YVAH) BNF could spurt?
[13:28]   Uttam : but selllers @ top for bnf
[13:30]   Ashish : DAX +100
[13:39]   RK : 20 point pullback
[13:49]   RK : Was yday a flushout towards 7950 or today is a flushout towards 7650? 🙂
[13:50]   Tejpreet : RK if you book out by day end ….these flushes really make trading easier 😉
[13:51]   RK : Tej closed BNF about an hour ago..no index in hand..will not go long 🙂
[13:52]   Tejpreet : This nov expiry will be very volatile as Wed is holiday.
[13:53]   RK : Yep..but thats ok as we are trained for that throughout 2015 🙂
[13:54]   Tejpreet : Last few expiry have just fizzled out … 300 pointer in nifty needed 150 up n 150 down ;0
[13:54]   Tejpreet : 🙂
[13:55]   RK : you have got them right..7850 yday high to 7725 low and back 7850 now 🙂
[14:11]   Janak : that spikd to 7854 looked like a sl taking move
[14:11]   Janak : lot of 7850 sl wud have gone there
[14:12]   Janak : now if mkt goes above 7850 then bulls are here to stay
[14:12]   Janak : otherwise the seller has entered the scene here?
[14:12]   Tejpreet : Janak you mean F or spot.
[14:13]   Janak : F
[14:13]   Janak : shai 7700pe at 20 can be accumultated?
[14:16]   Shai : Book fully the NF day longs below 7820
[14:20]   Shai : Janak buy 7700 pe abv 23 only
[14:20]   Janak : ok
[14:20]   Shai : last hour move can swing either way
[14:20]   Shai : we are balancing again in the 7820- 7855 zone
[14:21]   Shai : below 7820 don’t want to stay long
[14:21]   Janak : either way= low or lower ;
[14:21]   Shai : if you see the profile it is opp in direction to yesterday
[14:21]   Shai : but same structure
[14:22]   Varun : shai if u merge yesterday and today
[14:22]   Varun : cn u give screenshot
[14:23]   Janak : FII are short or long?
[14:26]   Shai : merged profile n scree
[14:27]   Varun : and all 3
[14:27]   Varun : 16-17-18
[14:29]   Varun : 7784/7860
[14:29]   Varun : thanks
[14:29]   Shai : biggish p
[14:29]   Varun : if we need a real bell
[14:29]   Varun : if we dnt break bv 7860 then all short covering ?
[14:30]   Shai : Does not look like goig abv 7858 for now
[14:30]   Varun : same here
[14:30]   Varun : 7730/7790 need auction
[14:30]   Varun : till clearing
[14:30]   Varun : for a perfect bell
[14:31]   Varun : shai pls pot p in blog
[14:31]   Shai : yes but that region to 7902- 7930 also has anomalies
[14:31]   Varun : tht even btter
[14:31]   Varun : oh i read 77
[14:31]   Varun : my bad
[14:32]   Varun : shai auction at 7730 not complete
[14:32]   Varun : see the structure thr
[14:33]   Gaurav A : NEITHER @ 7930
[14:38]   Shai : NF- http://vtrender.com/nf-composites/
[14:39]   Shai : Exiting NF longs at 7825 and 7850 ce balance at 45
[14:39]   Varun : thanks shai
[14:39]   Varun : fr the blog post
[14:40]   Shai : pleasure
[14:46]   Vaibhav : china rate cut
[14:48]   Gaurav A : SHAI sl for long if carrying overnight?
[14:48]   Shai : 7808F
[14:48]   Shai : a close abv 7840 spot is a better carry
[14:49]   Gaurav A : k thanks
[14:53]   Abhishek : Sellers haven’t given up yet…puts can be carried???
[14:53]   Sandeep : shai, december positional ce we are holding right?
[14:54]   Shai : yes Sandeep
[14:56]   Shai : Yup sellers haven’t packe dup yet- I think selllers are still in below 7840 and we are in a sideways range here
[14:58]   Uttam : we could still have a spike here Shai?
[14:59]   Shai : has to come in another 10 mins though 2.40 was ideal
[14:59]   Uttam : yep
[15:01]   Varun : wes hld end at days high, vwap respected
[15:02]   Varun : one timeframing the entire day
[15:05]   Uttam : spike coming
[15:07]   Uttam : we could have a gap down tom now 😉
[15:09]   Gaurav A : GAP UP MORE LIKELY ;)))
[15:09]   Kathir : 🙂 gap up uttam 🙂
[15:10]   RK : Pity how soon you all forgot yday close and today open 🙂
[15:10]   Kathir : lol
[15:10]   Uttam : exactly my reason for gap down
[15:11]   Uttam : all were expecting a big gap down below 7700 today & we did not even break 7770
[15:11]   RK : Uttam when we all set outselves to market’s tune, it changes path 🙂
[15:11]   Kathir : let us see where spot closes
[15:11]   Uttam : after the gap up
[15:11]   Gaurav A : MORE UP :)))
[15:12]   Gaurav A : OUT OF INTRA 7817 – 7857
[15:12]   Uttam : yes RK 😉
[15:12]   Uttam : nice one Gaurav
[15:12]   Gaurav A : THANKS
[15:12]   Gaurav A : CREDIT TO SHAI
[15:12]   Kathir : Gaurav remove caps
[15:12]   Shai : Buyers
[15:12]   Uttam : but it is a strong one timeframe market today & closing @ highs so has to be more a gap up tom
[15:12]   Shai : Nice 1 Gaurav
[15:13]   Kathir : 100 up will be super 🙂
[15:15]   Gaurav A : apke muh me ghee shukkar ;)))))))
[15:16]   Rahul P : may I know how you distiguish between one time frame and other time frame ??
[15:16]   Shai : spike is here
[15:16]   Uttam : close above 7844 spot is bullish
[15:17]   Shai : BTST NF 7867 sl of 7840 tgt 7914
[15:17]   Uttam : sold the CEs early Shai 🙁
[15:17]   Gaurav A : wooooooooohhhh
[15:18]   Kathir : @uttam may be we should have waited for Shai’s Sl of 7820 🙂
[15:18]   Shai : yes thought the move would not come
[15:18]   Uttam : yes Kathir
[15:18]   Rahul P : may I know how you distiguish between one time frame and other time frame ??
[15:18]   Shai : No Kathir I gave an exit
[15:18]   Gaurav A : market mein deer hai andheer ni
[15:19]   Shai : Rahul one time frame is a mkt going i one direction – like we were measuring the fall as restricted to 15 points only all morning
[15:19]   Kathir : yes shai
[15:19]   Shai : shows seller not particpating strongly
[15:20]   Rahul P : so the filter is 15 pts for nf ?? or it can vary ?
[15:21]   Varun : rahul have u read mind over markets
[15:21]   Shai : no just mentining- varies
[15:21]   Varun : their is a complete section abt it in it
[15:21]   Gaurav A : shai if sustains abv 7930 then ?? or book out longs full for tomorrow?
[15:22]   Varun : in simple terms higher high/higher low
[15:22]   Varun : fr bullish in 30 mins
[15:22]   Rahul P : yes varun, read the book
[15:22]   Varun : one time framing covered in it very well
[15:23]   Kathir : 15:01 Varun : wes hld end at days high, vwap respected
[15:23]   Rahul P : ok, now i see it. thanks
[15:23]   Shai : Gaurav will be difficult abv 7930 but let’s get there
[15:23]   Varun : tht test at vwap was a give away
[15:24]   Gaurav A : k
[15:24]   Varun : probably the easiest trade of the day
[15:24]   Janak : shai do u see bears still making an attepmt to 7700 before expiry?
[15:24]   Varun : if u missed early
[15:24]   RK : BNF got a nice trap there
[15:24]   RK : 37k
[15:25]   RK : with a spike though marginal
[15:25]   Varun : someone sponser me a bigger screen :p
[15:25]   Varun : i dnt see bnf and best traps come in them
[15:25]   RK : 🙂
[15:26]   Varun : i somehow still feel auction not completed on lower side
[15:26]   Varun : will use todays wvap as filter for it
[15:26]   Varun : whnever we break tht
[15:26]   Tejpreet : Varun still on discovery mode about screen and resolution and how to view nt 7 , ami, nest trader, firefox , chrome and of course vtrender together !
[15:26]   Uttam : short with all your might, is it Varun?
[15:26]   Varun : its also the pullback of trend day
[15:27]   RK : tmw open also would give a clue..huge inventory gone in last two days from OTF
[15:27]   Varun : this is asmall time fa if we close below yesterdays high
[15:27]   Varun : very touch n go
[15:28]   Tejpreet : If we gap up tmrw then good to get in dec puts as vix is also going down….end of first week dec vix will jump up due to fed.
[15:28]   Varun : rk best of these come in foirst hour
[15:28]   Kathir : spot just there 7840 …
[15:29]   Varun : shai although we rallied, did reds close
[15:29]   Varun : which u wanted to see
[15:29]   Varun : at close
[15:29]   Shai : no reds still there
[15:29]   Varun : i see more in last 30 mins
[15:30]   RK : Yes Varun
[15:30]   Ashish : Bye all
[15:30]   Tejpreet : Bye all.
[15:30]   Venkatesan : thank you and bye all
[15:30]   Gaurav A : bye all tc !!!
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Kathir : thnaks and bye all
[15:30]   Uttam : Have a Good Evening all 🙂
[15:30]   Abhishek : Thanks and bye all
[15:30]   Gaurav A : nice evening with monks 🙂
[15:32]   Porus : bye all

[09:27]   Janak : shai cipla sl can be? future
[09:27]   Janak : for short
[09:28]   Vaibhav : shai, i want to buy a dec call for infy, now is the right time ?
[09:29]   Ashish : Again a news in Dr reddy
[09:30]   Ashish : Shai, what will be the target on downside in Drreddy
[09:30]   Vaibhav : @ashish class action suite in drr , no bottom support in such case
[09:31]   Ashish : Thanks Vaibhav..
[09:31]   Ashish : let this one tank 10% today also then
[09:31]   Shai : cipla 640 res cash is strong abv 631
[09:32]   Ashish : Tanking fast DRL
[09:33]   Shai : infy looking for a bounce – buy if it survives abv 1032
[09:33]   Shai : dr reddy for 3109
[09:33]   Ashish : Thanks nShai
[09:33]   Ashish : Shai*
[09:34]   Shai : 3034 below 3109
[09:34]   Shai : vol increasing
[09:34]   Ashish : Yes, Shai…
[09:35]   Uttam : what would be the SL for DRL shorts here Shai?
[09:54]   Ravi : shai whats th sl for reddy
[09:55]   Gaurav A : shai ur views on bankindia
[09:56]   Shai : 3286 sl dr reddy
[09:57]   Shai : it’s a news based trade so trade accordingly – there are faster men and machines out there 🙂
[09:58]   Shai : see 126 as a good sl in Bankindia but has to close abv 129.8 today to get momentum upwards
[09:58]   R Goel : shai view on centxt on shorts
[10:05]   Gaurav A : shai your views on boi
[10:06]   Shai : century tex can drop to 540/ 518 sl of 558
[10:07]   Shai : bankindia- (09:58) Shai :see 126 as a good sl in Bankindia but has to close abv 129.8 today to get momentum upwards
[10:29]   Gaurav A : k thanks
[10:45]   RK : Shai Hero can you park at 2710 this time?
[10:51]   Shai : 🙂
[10:52]   RK : looks like we are coming out of that value Shai after a whip of last 2 days action
[10:53]   Shai : hero good move minor res at 2674 but abv that 2710
[10:53]   RK : thanks 🙂
[10:54]   RK : and Maruti again reverse gear from that 4530-35 spot
[10:56]   Shai : yes saw that one
[10:56]   Shai : 100 up from yesterday
[10:56]   Tejpreet : Shai tgt and sl for infy holding some calls from morning.
[10:57]   RK : didnt take yday..but entered at open..
[11:24]   Shai : iny sl of 1030 tgt 1040/ 42
[11:24]   Shai : inta
[11:24]   Tejpreet : Thanks for infy update.
[11:25]   Shai : stll weak though but once n that gap that call may pay
[11:27]   RK : DR seems toasted all those shorts
[11:28]   Uttam : yep RK seems promoters buying shares
[11:28]   Uttam : some news
[11:28]   Uttam : tried short selling it & SL got hit 😉
[11:29]   Ashish : Yes RK, was a big recovery in DR reddy, got out close @ lows…lucky
[11:30]   RK : Yeah that was too low to short..
[11:31]   RK : any stock below <2% of prev close is risky to short and vice versa for longs..all the possibilities to come back to range..
[11:31]   Ashish : Also, was close to Shai’s support level of 3109
[11:32]   Ashish : Shai, wockpharma looking good to short here?
[11:32]   RK : if at all it clears day high, all the way to another 100 up from there
[11:33]   Shai : dr can reverse to 3467
[11:33]   RK : yes
[11:33]   Tejpreet : Volumes in DR huge at lows today .
[11:33]   Shai : stil very high risk
[11:34]   Shai : when stock trades higher than ATR always risky
[11:35]   Shai : wock not a high value short, positional players may look at 1570/80 as supp to buy into
[11:38]   Ashish : Thanks Shai..
[12:19]   Janak : shai ITC can be sold around 351?
[12:19]   Janak : sl?
[12:25]   Shai : ITC high risk intra short – keep sl abv 353.6
[12:40]   Ravi : itc target shai
[12:45]   Shai : 348/ 346 – high risk won’t recommend Ravi
[12:46]   Ravi : risk is 1600 shai ….thats i ask
[12:46]   Ravi : for one lot
[12:52]   R Goel : shai any views on ICICI
[12:52]   R Goel : futures have high volume today
[13:01]   Shai : icici 266- 268 is weekly supply band a close abv 268 toay gives you 277 in 1- 3 sessions
[13:07]   Abhishek : Levels for Axis Shai?
[13:14]   Shai : axis still weak and should test 456 once again. But with a smal sl of 449 positional can take counter longs even then 476 is res for swing
[13:29]   Vaibhav : hul shai..i am long its not moving? could u check and push
[13:31]   Shai : haha
[13:33]   Shai : 779 is a good sl – No momentum today – positional hold – conf is abv 805 for now on momentum
[13:39]   Vaibhav : ty
[13:49]   Shankar : Shai your vies on centurytex for longs pls
[13:49]   Shankar : *views
[14:02]   Tejpreet : Shai next support for Hindalco …any buyers today at lows as per OF.
[14:06]   Abhishek : Shai can you pls also giv lvls for L&T
[14:06]   Janak : shai can sell bpcl future for 894/890?
[14:06]   Janak : sl
[14:06]   Janak : ?
[14:11]   Tejpreet : Hindalco move done got a 1.2 .
[14:12]   Shai : century headed to 575 againshould close abv 554 593 second tgt abv 575
[14:13]   Shai : hindlaco nice move headed to 79 yes buyers at lows
[14:13]   Tejpreet : Thanks Shai.
[14:14]   Shankar : Thanks Shai
[14:14]   Shai : LT holding a long view since 2 days : “(09:39) Shai :LT looking good for a positional play with sl below 1303(09:39) Shai :can see 1393 if it closes abv 1360 n next 1-3 sesions”
[14:15]   Shai : BPCL intra day move done but may not drop below 896 now sl abv 903 is shorting
[14:23]   Ashish : Shai, Ultracemco looking good for 2900?
[14:41]   Janak : is anyone able to trade dlf?
[14:41]   Vaibhav : havells run up quite a lot, can it be shorted here?
[14:46]   Shai : ultracem 2792 needs to be crossed for 2955 weekly vah at 2770 also so any close abv 2770- 90 is positive
[14:46]   Tejpreet : Dlf still in ban.
[14:47]   Ashish : Thanks Shai
[14:47]   Shai : havells has run up but buyers still dominanat – only minor profit booking at 274 but 256 buyers sill in
[14:48]   Shai : look around 279- 282 for a short with sl abv 286
[15:00]   Janak : shai petronet sell for below 190? STBT
[15:15]   Shai : spike in petroner and 202 is supp
[15:15]   Kathir : @RK you know any levels for sunpharma long from here?
[15:15]   Nandesh : can buy century positonal CMP 578
[15:15]   RK : No Kathir..dont track it..
[15:16]   Shai : Can Nandesh
[15:16]   Kathir : @shai sunparm aahanc ofovig u?
[15:16]   Kathir : @RK ok
[15:18]   Kathir : @shai sunpharma levels
[15:18]   Kathir : will it go to 770
[15:22]   Shai : No Kathir sun pharma weak look s to do 732 first
[15:23]   Kathir : oh ok shai thanks