OrderFlow charts and Notes 20/07/15

[08:37]   r m : Good Morning folks!
[08:37]   r m : http://vtrender.com/levels-and-plan-for-20th-july/
[08:38]   r m : http://vtrender.com/orderflow-charts-and-notes-170715/
[08:38]   Porus : Hi RM and all
[08:38]   r m : Hi Porus
[08:38]   r m : http://vtrender.com/orderflow-charts-and-notes-170715/
[08:38]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-20-july-24-july15/
[08:38]   r m : Nifty JUL Future levels | Key reference area 8660 | Hypo1 above 8660➜8692➜8728 SL 8613 | Hypo2 below 8601➜8582➜8560 SL 8655
[08:39]   r m : Banknifty JUL Future levels | KRA 19220 | Hypo1 above 19220➜19280➜19335 SL 19160 | Hypo2 below 19098➜18980 SL 19195
[08:39]   r m : Nifty Spot Weekly levels | Sup. 8518/8450/8420 | Res. 8720/8750
[08:39]   r m : Banknifty Spot Weekly levels | Sup. 18900/18600 | Res. 19300/19360/19420
[08:46]   Manoj : GM RM
[08:46]   Manoj : GM all
[08:46]   r m : Hi Manoj
[08:55]   Shailesh : GM all
[08:58]   John : GM all 🙂
[09:00]   Tejpreet : GM All.
[09:01]   r m : Results today – Ultratech, LICHF
[09:01]   Ashish : GM all
[09:01]   Hemant : GM folks
[09:02]   r m : Results tomorrow – Infy, HDFC Bank, Asianpaint, Cairn, Eicher, HUL, Idea
[09:03]   Tejpreet : RM …tomorrow looks like the day of blockbusters as far as results go.
[09:03]   Sharad : GM all
[09:04]   r m : Yes Tejpreet
[09:04]   Sankar : GM RM and all 🙂
[09:04]   r m : Hi Sankar 🙂
[09:05]   Venkatesan : gm shai,rm,kris and frends
[09:06]   Naveen : gudmrng frnds
[09:06]   Shai : GM all
[09:07]   Sankar : GM Shai 🙂
[09:07]   Kiran : Good Morning.
[09:07]   Manoj : GM shai
[09:07]   Moses : GM All
[09:09]   Srini A : GM All
[09:09]   r m : Hi Venkatesan
[09:17]   Shai : a quiet Mon open is what is expected
[09:19]   Shai : kept KRA’s higher today to see if we get continuation after the solid run of last week
[09:20]   Shai : BNF is a weaker open
[09:23]   Augustin : @Shai – Nifty hypo 2 activated?
[09:26]   Shai : no wait
[09:26]   Shai : on mon wait at least 15 mins for the mky to settle
[09:26]   Ashish : Shai, target for 8500 PE?
[09:26]   Augustin : Ok
[09:26]   Kathir : GM Shai RM all friends
[09:28]   Shai : 8500 pe good abv 38 – tgt 52
[09:29]   Shai : BNF is weaker
[09:29]   Ashish : Thanks shai
[09:30]   Sankar : missed the PE its already at 47 🙁
[09:32]   Ashish : bought it @ 39
[09:37]   Shai : vol about 10L in that first 15 min candle
[09:37]   Vikkas C : shai can we buy NF here
[09:37]   Shai : eyes at vwap
[09:37]   Shai : intra day conservative is a buy abv val only
[09:38]   Augustin : Else at 8540?
[09:38]   Vikkas C : ok thanx
[09:38]   Sandeep : shai nifty cash open and high same
[09:38]   Sandeep : any indication ?
[09:38]   Shai : all this month we have seen the first 15 mins of the week not having much impact – let’s see how today plays ut
[09:39]   Sandeep : ut ?
[09:39]   Shai : out*
[09:39]   Manoj : up
[09:39]   Sandeep : okay
[09:39]   Manoj : sorry
[09:40]   Shai : some buyers coming back
[09:42]   Suyash : Can we say that NF took support at the POC of 16/7?
[09:42]   Hemant : Shai, where’s Kris?
[09:43]   Shai : yes Suyash- initial buying seen
[09:43]   Shai : but good buying will take out vwap always
[09:44]   Shai : (09:37) Shai :eyes at vwap
[09:44]   RK : GM Shai,RM and all
[09:44]   Augustin : @Shai Yesterday’s VWAP?
[09:44]   Kathir : Hi RK
[09:45]   r m : Hi RK
[09:45]   RK : Hi Kathir
[09:47]   Shai : 8628
[09:48]   Shai : yvwap is in the chart below price tab- 5 mins
[09:48]   Augustin : Tks
[09:49]   Shai : Keep a Buy order in BNF abv 19105 sl of 19050 tgt 19160/ 19216. BUY abv**
[09:58]   Shai : what was the high on 8500 pe?
[09:59]   Sankar : 47.45
[09:59]   Ashish : yes
[09:59]   Shai : ok
[09:59]   Shai : 8500 pe and 8700 ce have to be tracked this week
[10:00]   Sankar : Sai, can 8700 CE be bought blindly if NF comes to 8560 with Sl below 8500?
[10:00]   Shailesh : Shai what is the monthly vwap for current series for Nifty?
[10:00]   Sankar : Positional.
[10:02]   Shai : 8410 is july vwap
[10:03]   Shailesh : Thanks shai
[10:04]   Shai : 8700 ce 28.22 support – can be bought there with sl of 15 for 45/ 55
[10:04]   Sankar : Cool Thanks.
[10:05]   Venkatesan : (09:59) Shai :8500 pe and 8700 ce have to be tracked this week, shai what is the logic?
[10:06]   Shai : rangebound play – check weekly
[10:11]   Augustin : @Shai – 8600CE close to 60 is a good bet for this week?
[10:12]   Venkatesan : than kyou shai
[10:20]   r m : BNF on the way to 18980?
[10:20]   Sumit K : Shai – view on 8600 pe
[10:22]   Naveen : hypo 2 first tgt achieved nf
[10:23]   Shai : 8600 ce good supp 64 and 61
[10:23]   Augustin : Tks
[10:24]   Tejpreet : Shai our bias today is to buy dips in nf and bnf or sell the rise now ?
[10:24]   Hemant : 8700 CE touched it support to bounce back.. is it as good a buy as 8600 CE Shai?
[10:24]   Shai : 8600 pe sage abv 71
[10:25]   Shai : 89 and 94 obj
[10:25]   Shai : safe*
[10:25]   Shai : Yes Heamnt not intra day- keep the sl mentioned 30 min clse
[10:26]   Hemant : Got it Shai
[10:40]   Shai : sl is based on that 8520/ 35 holding- did say that we will se 8750 at least once this series in which case we should have 50 on that opton once at least
[10:40]   Sankar : Shai, what is taht 30 mins clsoe? looks like I missed some message.
[10:41]   r m : @Sankar, that is for 8700CE stop
[10:41]   Shai : it’s just a differentiator I use between intra day and say a weekly play
[10:41]   Shai : at some point we should not let intra day ticks come in between a positional view
[10:41]   Sankar : ok. I have kept 15 as SL.. instead of that u recommend we wait for a 30 mins close below 8520 area and then exit it?
[10:43]   r m : it may even make sense to keep buy near 15 and exit if 30 minute close below SL?
[10:43]   Sankar : ok.
[10:44]   r m : sorry Sankar, that is a question for Shai 🙂
[10:44]   Sankar : 🙂
[10:47]   Shai : Not very perfect on that Option math but sl is 8530 F- we don’t want to see the NF below 8530 all week
[10:47]   r m : Thanks Shai
[10:47]   Shai : allow it 10 – 15 points fr intra volatility
[10:47]   Sankar : ok ok.
[10:48]   Sankar : 8520 I saw in the weekly plan, so though we may want to keep 8500 below, to avoid noise.
[10:48]   Sankar : then I will just hold it.. average it and exit it below 8500.? make sense?
[10:53]   Shai : we have seen a move below IBL not materialising
[10:53]   Shai : could be a normal day in NF and BNF
[10:53]   Shai : with a slight possibility still of an FA at lows
[10:53]   Sankar : ok
[10:53]   Shai : but for that FA to happen buying has to increase here
[10:53]   Vikkas C : FA in both Nf and BNf both ..am i right shai
[10:54]   Shai : yes
[10:57]   Moses : @shai,canwe buy@above Vwap with Greens?
[11:00]   Shai : safest abv 8617 today
[11:01]   Moses : Thx
[11:02]   Shai : Sell NF near 8596- 8600 sl of 8618 tgt 8580/ 8570
[11:13]   Hemant : RM, where’s MO? maintaining 50?
[11:13]   Varun : it fell to 41, rite rm ?
[11:14]   r m : yes, 43 at EOD on Friday
[11:17]   Varun : thanks. shankar sharma on twitter tells me, we have upside left fr this clearing
[11:18]   Varun : so who have faith him cn take his word, rest as usual can manage risk
[11:20]   RK : Varun 2008-10 he busted many retail accounts..though I respect him 🙂
[11:22]   Varun : bt he was hell bent bearish in 2008 fall, nt tracked him so close
[11:22]   Varun : in tht period
[11:22]   Varun : he says if ure rite 50/60 % in mrkt ur a winner
[11:22]   Varun : i too respect him
[11:24]   Varun : shai if we break lows of today, will it a first excess ?
[11:26]   Varun : infact second in a row, small at 54 will get recognition
[11:28]   r m : http://screencast.com/t/2AOh6x2ziA
[11:29]   Varun : if todays lows go, we get weak surely
[11:30]   Shai : ys but valid till closing hour
[11:30]   Shai : vol was only 10L so not that difficult to over come this excess also
[11:30]   Varun : yup, ure looking fr 15 lac plus, followed tht too
[11:32]   Shai : BNF running below val
[11:32]   Shai : IBL**
[11:33]   r m : 18980 done
[11:34]   Shai : who shook BNF?
[11:35]   Hemant : RM did 😛
[11:35]   r m : 😀
[11:37]   Ashish : Shai, support and resistance for 8400 PE
[11:38]   Shai : supp 17 res 31
[11:39]   Shai : well balanced here
[11:39]   Ashish : ok shai, thanks
[11:39]   RK : Shai someone who wants more foam to be spilled out might have shook it 🙂
[11:40]   Hemant : 🙂 well said RK. RM dont like foam 😉
[11:41]   r m : @RK, maybe someone wants to take up scrips other than banks and does not want Nifty to go up 🙂
[11:41]   RK : nah nottoday 🙂
[11:41]   RK : not today 🙂
[11:41]   r m : ok
[11:42]   Shai : BNF may attempt 19025 again
[11:42]   Shai : see dip buyers here
[11:42]   Shai : IBL/ vwap
[11:42]   Shai : Buy BNF 18980 sl of 18920 tgt 19050
[11:43]   Shai : remove the buy abv from system
[11:47]   Ravi : and NF tgs remain same?
[11:48]   Shai : yes
[11:48]   Tejpreet : BNF volume greater than NF in previous 15 min candle…..some serious selling in BN Shai.
[11:49]   r m : yes Tejpreet, huge volumes in that “Shaking” bar!
[11:50]   Tejpreet : Any news or rumour in BN ?
[11:52]   Shai : exit BNF if that sl goes
[11:53]   Shai : there are some strong buyers from last week at 18920 zone
[11:53]   Shai : taking a punt based on greens at lows
[11:54]   Shai : yes looked like a news based vol
[11:55]   Shai : sl in BNF – exit
[11:57]   Manthan : 19150-19300 Spot, Strong Supply Zone, @shai, this was very helpful
[11:58]   RK : AJ on live and BNF gone
[11:59]   Shai : NF – part book and move tsl to cost
[11:59]   Shai : ok RK
[12:02]   Tejpreet : Thanks RK for info …need one AFL in Ami to signal when AJ is live …will be a killer trading system.
[12:02]   Shai : BNF ar a critcial supp
[12:04]   r m : @Tejpreet, get hold of the webcam view from AJ’s house, the moment gate opens short BNF 😀
[12:04]   RK : absolutely TEj with BNF this man has very poor track records
[12:04]   RK : *record
[12:04]   John : rm:)
[12:04]   Tejpreet : LOLZZZ rm.
[12:06]   Venkatesan : lol@ tej
[12:10]   Abhishek : hi everybody gm
[12:13]   Abhishek : hi shai gm
[12:13]   Abhishek : is BNF long here
[12:15]   Naveen : shai can we expect 8520 today??
[12:18]   Tejpreet : Guys an interesting read about real estate price correction …..Ambit capital …..forwarded as received .19 pages can read post market .:)
[12:18]   Tejpreet : http://reports.ambitcapital.com/reports/Ambit_Economy_Thematic_RealEstate_14Jul2015.pdf
[12:28]   Hemant : Shai, ok to add 8700/8600 CEs to the kitty?
[12:29]   Shai : No heamnt now additions only at closing hour
[12:29]   Shai : Hemant*
[12:29]   Hemant : Ok Shai 🙂
[12:30]   Abhishek : Shai BN i have now long should hold or exit
[12:30]   Abhishek : i joined late here
[12:32]   Shai : BNF keep strict sl at 18890
[12:32]   Shai : tgt IBL and vwap
[12:32]   Abhishek : ok great
[12:32]   Shai : higher risk trade
[12:33]   Abhishek : i will place SL in system now
[12:33]   Hemant : NF too ?
[12:36]   Shai : NO not yet NF
[12:45]   Hemant : AOE to resume 🙂
[13:03]   Naveen : is nf sell at rise shai??
[13:04]   Shai : not yet
[13:04]   Shai : rangebound 30 8600- 8570 for now
[13:04]   Naveen : ok shai
[13:27]   Tejpreet : Shai looking at busy results schedule tomorrow …is a nifty straddle or strangle a good buy here with VIX at 15.2?
[13:29]   Varun : hahah
[13:29]   Varun : i have put shai in a fix
[13:29]   Varun : last 10 mins hes been working on
[13:29]   Varun : to help me out
[13:29]   Varun : thanks for the efforts
[13:30]   Shai : 🙂
[13:30]   Shai : Shai : it’s just the sideways bars thicker in NF
[13:30]   Varun : ya
[13:30]   Varun : bnf lloks cool
[13:30]   Varun : looks
[13:30]   Varun : we could squeeze out abv 8590
[13:30]   Varun : lets see
[13:30]   Shai : BNf has o decide here
[13:31]   Shai : Next 30 mins
[13:31]   r m : byers cometh
[13:31]   Shai : a pull back high or new lows later and vilation of supp
[13:31]   Varun : yes thy were all set abv 90
[13:31]   Varun : see this is a squeeze out
[13:32]   Manoj : i viped full loss with costing went long just now @ 18927.5 and covered full @ 18971.5
[13:32]   Manoj : now waiting for shai to give fresh trade
[13:32]   Varun : 90 shldnt break now
[13:33]   Varun : all attempts at 90 will be bought
[13:33]   Vikkas C : varun FA on 14th july
[13:33]   Varun : when u wrote 14th jult
[13:34]   Varun : i was wondering when was it:0
[13:34]   Vikkas C : lol
[13:34]   Varun : will just check
[13:35]   Vikkas C : thanx
[13:35]   Varun : we had huge singles after tht
[13:35]   Varun : from wht i have gathered
[13:35]   Varun : what happens later supercedes previous ref
[13:36]   Varun : if this is anormal bal day
[13:36]   Vikkas C : on 15th yes we did
[13:36]   Varun : seems we have work left on upside for second hals
[13:36]   Vikkas C : so does that nehate the FA
[13:36]   Vikkas C : *negate
[13:36]   Varun : it reduces it chance of a revisit
[13:36]   Varun : u cnat be sure of anything
[13:36]   Vikkas C : ok thanx a ton mate
[13:36]   Varun : seems otf entereed next day
[13:36]   Varun : and nw they dominate
[13:37]   Vikkas C : yup
[13:37]   Varun : had thr been no single otf, we would have done a revisit
[13:37]   Varun : same for poor lows and highs
[13:37]   Vikkas C : cool thanx 🙂
[13:38]   Shai : Buy NF here at 8596 sl of 8572 tgt 8616/ 8639- go with 50% qty
[13:40]   Hemant : Shai, what would be the target for 8600 CE now with the tgts you’ve given
[13:40]   Hemant : ?
[13:41]   Shai : 85/ 97
[13:42]   Hemant : Ok ty SHai
[14:00]   Shai : last week I had suggested 8550 PE buy and 8300 pe sell in 1 :2 . Can exit the same here – It is still at cost price
[14:02]   Shai : I’ve gotten into an 8650 CE- 8800 ce trade fr expiry – biught 8650 solld 8800 1:2
[14:02]   Sankar : Cool.
[14:02]   Shai : bought 8650 – sold 8800 ce 1: 2
[14:02]   Varun : (13:32) Varun :90 shldnt break now(13:33) Varun :all attempts at 90 will be bought
[14:02]   Shai : +1
[14:03]   Shai : BNF still the kep 19005 anomaly and vwap
[14:03]   Sankar : lets hope journey to 8700 now 🙂
[14:03]   Varun : market delta is the first money making machine ever made 😉
[14:03]   Shai : 🙂
[14:04]   Sankar : hehehe.
[14:08]   Vikkas C : shai i’ve joined the party with u for 8650ce and 8800pe
[14:09]   Shailesh : vikkas it was 8800 ce not pe
[14:11]   Vikkas C : yeah sorry typo shailesh
[14:12]   Shailesh : ohh then its gud to go..
[14:12]   Shai : yes it’s good 1 – plays up the range bound for us as well as takes care of that look near 8700+
[14:13]   Vikkas C : 🙂
[14:17]   Rajat : what is anomaly? Why there is an anomaly at 19005 level?
[14:18]   Sankar : Sai, so expecting 8800 near this week? 🙂
[14:20]   Varun : every buyer at top getting support
[14:20]   Varun : dnt remain short
[14:20]   Varun : bnf has crossed its extension handle
[14:20]   Varun : beearsih to neutral
[14:21]   Sankar : 🙂
[14:21]   Sankar : I luv the weekly plans
[14:21]   Manoj : T1 hit booked part
[14:21]   Vikkas C : shai BNF entering IBL ..can ite be bought ?
[14:21]   Varun : last hurdle fr nf at 14, val
[14:21]   Manoj : yes shai can we buy bnf ????
[14:21]   Varun : cross it we go thighs
[14:30]   Shai : BNF nt yet sound – higher risk
[14:30]   Manoj : ok
[14:32]   Kiran : Varun can u elaborate Varun : last hurdle fr nf at 14, val Which VAL ?
[14:32]   Shai : (14:32) Shai :NF book part move sl to 8609
[14:32]   Varun : val of yesterday
[14:33]   Ashish : Shai, what’s the target in BNF now
[14:33]   Vikkas C : bnf DAMNNN
[14:33]   Manoj : 50 pt jump in a tick in bnf
[14:33]   Varun : (14:20) Varun :dnt remain short(14:20) Varun :bnf has crossed its extension handle(14:20) Varun :beearsih to neutral
[14:35]   Kiran : thanks varun
[14:35]   Varun : bl**** vwap bands
[14:35]   Varun : 9 min to go take these vol to 8 lacs
[14:36]   Shai : 19210 BNF possible
[14:36]   Ashish : thanks Shai..
[14:36]   Shai : Good 1 Varun – (14:33) Varun :(14:20) Varun :dnt remain short(14:20) Varun :bnf has crossed its extension handle(14:20) Varun :beearsih to neutral
[14:37]   Soumya : Excellent – Varun and Shai
[14:37]   Varun : 🙂
[14:38]   Soumya : @Varun – why is 8 lakh important
[14:39]   Soumya : Volumes for breakout was 6lakhs na?
[14:39]   Varun : these vwap bands will go away
[14:39]   Varun : these r barriers
[14:39]   Varun : only thing whoch make then runj is doublw volume
[14:39]   Varun : and a conitnue in next
[14:39]   Varun : i like to do dohuble than previuos
[14:40]   Varun : and spare me again fr typos
[14:40]   Varun : all pver the place
[14:40]   Varun : over
[14:40]   Soumya : Ok understood – so the volume has to be double of previous one to break vwap
[14:40]   Soumya : lol.. hahahahaha
[14:40]   Varun : shai can u higher the screen fr nf little bit
[14:41]   Varun : has vwap bands moved
[14:41]   Varun : cos if thy r more rrom
[14:41]   Varun : ahhh
[14:41]   Varun : here thy r
[14:41]   r m : 8 lakh is like TNT qty required to blow away wvap band 🙂
[14:42]   Shai : BNF aggressive trade fr 19210 with sl below 19075 cmp 19120 – Higher risk
[14:43]   Venkatesan : :))))) @ rm
[14:43]   Manoj : i m already in @ 19115
[14:43]   Varun : vwap bands ni to move
[14:43]   Shai : it’s risky till it eneters VAL again in BNF
[14:43]   Ashish : NO risk today after MTM is 45K 🙂
[14:44]   Shai : 🙂
[14:44]   Varun : shai vwap is vol * time ?
[14:44]   Shai : can some 1 give me 8500 pe and 8700 ce H- L please
[14:44]   Manoj : congrats ashish
[14:45]   Sankar : 8500PE 50/30.7
[14:45]   Sandeep : 8500 pe h 50 l 30.70
[14:45]   Ashish : Thanks manoj
[14:45]   Sankar : 8700CE 46/27.65
[14:45]   Sandeep : 8700 c h46 l 27.65
[14:46]   Shai : vwap is nos of trades x price / total number of done trades
[14:47]   Varun : k
[14:47]   Soumya : @varun now that the volumes didn’t double – what will be our positional stance?
[14:47]   Varun : so if we spent time here
[14:47]   Varun : wont vwap increase to push it abv
[14:47]   Varun : soumya same 33 as resistance
[14:47]   Varun : see it took resistance a t33
[14:48]   Varun : and has been drifting down
[14:48]   Hemant : Shai, BTST trades?
[14:48]   Shai : yes that multiplier of price ensures that vwap expands if we spend time here
[14:49]   Varun : k, thanks
[14:49]   Varun : works good early in morning.noon
[14:49]   Varun : nw a bit tough
[14:49]   Shai : Hemant not anything yet
[14:50]   Hemant : Would you recommend to get a call in closing minutes?
[14:51]   Shai : no
[14:51]   Shai : 8634
[14:52]   Sankar : Shai, tx for that 8700 CE support. I just took an U-turn from there.. hopefully, it will rise further.
[14:52]   Sankar : 🙂
[14:52]   Ashish : Shai, some big orders are coming
[14:52]   Shai : Thanks Sandeep/ Sankar for the prices
[14:52]   Ashish : like 41500
[14:52]   Shai : just wanted to jot them down
[14:53]   Shai : NF at tgt close out : 13:38) Shai :Buy NF here at 8596 sl of 8572 tgt 8616/ 8639- go with 50% qty
[14:54]   Naveen : awesum trade shai
[14:54]   Naveen : thanks for tht 🙂
[14:54]   Shai : pleasure 🙂
[14:54]   Manoj : shai let bnf also do same
[14:54]   Ashish : Thanks a lot Shai.. you made my week ina single day man
[14:54]   Sankar : 🙂
[14:54]   Manoj : ur tgt hit i will exit @ 196
[14:55]   Ashish : Shai, is it OK to carry forward nifty future longs for tomorrow?
[14:55]   Shai : BNf shoudl spike up here
[14:55]   Shai : No Ashish– vol isn’t there
[14:56]   Ashish : OK thanks
[14:56]   Sankar : Shai, 8700 CE to be booked then?
[14:57]   Sankar : no carrying?
[14:57]   Shai : Sankar positional stays – we are talking BTST
[14:57]   Ravi : what abt 8700CE ..bought at 29 .. should carry? or book
[14:57]   Shai : only for open tom
[14:57]   Sankar : Ahh.. ok ok. Sorry, wrong context.
[14:57]   Varun : day high 🙂
[14:58]   Shai : Ravi that is for one week- keep it
[14:58]   Ashish : Close to Series high also
[14:58]   Ravi : ok
[14:58]   Ravi : thanks
[15:02]   Ashish : Shai, VWAP bands are based on Standard deviation? Which multiplier you are using like 1/1.5/2 ??
[15:02]   r m : 3 i think
[15:02]   Ashish : Thanks RM
[15:02]   Varun : 3
[15:03]   Shai : 3
[15:04]   Ashish : Thanks Varun and Shai 🙂
[15:06]   Manoj : shai hold bnf trade or exit ???
[15:06]   Shai : exit BNF long trade
[15:07]   Manoj : ok
[15:07]   Shai : be safe
[15:07]   Manoj : ok
[15:07]   Shai : not making a good attempt abv val
[15:07]   Manoj : ok
[15:08]   Varun : shai we could just bal here next 2-3 day till thursday
[15:08]   Varun : long clearing
[15:08]   Varun : and then last week one side move
[15:10]   Vikkas C : also tomo HDFCBANK result so prolly waiting for that ?
[15:11]   Shai : yes possible Varun
[15:11]   Varun : thanks
[15:11]   Shai : One visist to spot 8700 by clos eof the week should come
[15:13]   Varun : but if we bal here and move up, we r protected for good
[15:13]   Varun : this bal would eb tought to break without outstanding volumes
[15:14]   Shai : oh yes
[15:15]   Varun : the only thing whioch protected me from buting puts was rm’s mo update
[15:16]   Varun : i saw it in 40’s
[15:16]   Varun : every one is coming to mrkt in morning to sell
[15:16]   Varun : buying
[15:18]   Shai : That MO is suggesting big hands buying large caps
[15:18]   Venkatesan : varun buying puts at 60MO good?
[15:18]   Shai : when that happens index moves and moves well
[15:18]   Varun : yup
[15:19]   Shai : BN went a bit under my comfort zone
[15:19]   Shai : but am of the opininion here that it will head up and test 19300 spot next
[15:20]   Varun : u mean 19085
[15:20]   Varun : shld hve held
[15:20]   Shai : 18850 spot low
[15:20]   Varun : no ure expectation ?
[15:20]   Shai : NO no- earlier
[15:20]   Rajat : Can u plz clear my mind about anomaly here?(14:17) Rajat :what is anomaly? Why there is an anomaly at 19005 level?
[15:21]   Shai : Anomaly is a row of single TPO’s in the middle of the profile
[15:21]   Shai : we like to see tpo’s being single at the extremes not in the middle
[15:21]   Rajat : Ok
[15:22]   Shai : it points to structure being weak and the resulatnt move weaker
[15:22]   Shai : resultant
[15:22]   Shai : in market Profile we call it emotional or news based selling/ buying entering
[15:22]   Rajat : ok
[15:22]   Rajat : Can only single print will be only anomaly?
[15:23]   Shai : single prints and gaps in the orderflow charts
[15:23]   Rajat : Ok
[15:23]   Shai : like today in BNF we saw both
[15:23]   Rajat : yes
[15:23]   Shai : generally they get repaired
[15:23]   Varun : shai does 2 tpo all can be excess
[15:24]   Varun : or has to be single ony
[15:24]   Shai : single only – more tpo’s the better and should be above previous range high/ lows
[15:24]   Varun : k
[15:25]   Varun : so this never qualified in morning or did as we had singles abv previous range too
[15:25]   Rajat : Thanks
[15:26]   Shai : both BNF and NF have from fri
[15:26]   Shai : hence move stalled today
[15:26]   Varun : yup
[15:26]   Venkatesan : is nf poor low shai 2day?
[15:26]   Varun : cross of this small excess will start a fresh round of upmove
[15:27]   Shai : no poor highs
[15:27]   Shai : no poor lows**
[15:27]   Venkatesan : i mean poor low?
[15:27]   Venkatesan : ok got it
[15:27]   Varun : we hve a poor high 🙂
[15:27]   Venkatesan : than kyou shia and varun
[15:28]   Hemant : See you tomorrow folks, looking for some mini intra trends 🙂 Ty Shai
[15:29]   Varun : spike failed
[15:29]   Varun : r/e on down side failed
[15:29]   Varun : so we bal here
[15:29]   Venkatesan : thank you shai,rm,varun and fredns
[15:29]   Varun : have a great evening
[15:29]   Shai : Bye Guys
[15:30]   Shai : catch up tom
[15:30]   Shai : Have a pleasnt evening
[15:30]   Kathir : THNAKS AND BYE ALL FRIENDS
[15:30]   Vikkas C : BYE ALL
[15:30]   John : Bye all 🙂
[15:30]   Manoj : bye all
[15:30]   Tejpreet : Bye All
[15:30]   Rajat : bye
[15:30]   Ashish : Thanks Shai and all…see you tomorrow
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Shailesh : Bye all
[15:30]   Porus : bye all
[15:30]   Moses : BYe
[15:31]   Sankar : Bye All 🙂