OrderFlow charts and Notes 20/08/15

[08:51]   Anay : GM All
[08:56]   Prakash : gm all
[08:59]   John : GM all
[09:00]   r m : Good Morning folks!
[09:00]   Porus : Hi RM and friends
[09:00]   r m : Sorry for the delay, my PC is not happy today 🙂
[09:00]   r m : Hi Porus
[09:02]   Shai : GM all
[09:02]   r m : http://vtrender.com/orderflow-charts-and-notes-190815/
[09:03]   r m : http://vtrender.com/levels-and-plan-for-20th-aug-2/
[09:03]   r m : http://vtrender.com/consolidated-orderflow-190815/
[09:03]   r m : http://vtrender.com/option-values-dt-190815/
[09:03]   r m : Nifty AUG Future levels | Key Reference Area 8435 | Hypo1 above 8544➜8582 SL 8501 | Hypo2 below 8471➜8435 SL 8505
[09:03]   Sankar : GM RM, Shai and everyone 🙂
[09:04]   r m : Banknifty AUG Future levels | KRA 18620 | Hypo1 above 18810➜18870➜18950 SL 18710 | Hypo2 below 18620➜18520 SL 18725
[09:04]   r m : Hi Sankar 🙂
[09:04]   Moses : GM All
[09:05]   Srini A : GM All
[09:06]   RK : GM Shai,RM and all
[09:06]   r m : Hi RK
[09:06]   Ashish : GM all
[09:06]   Tejpreet : GM All
[09:09]   Manthan : Gd Mng all
[09:12]   Chandrashekhar : GM all
[09:13]   Manthan : 18510 Weekly Level, Shai??
[09:14]   Naveen : gm all
[09:15]   Sharad : GM all
[09:16]   Uttam : GM all
[09:16]   Shai : No weekly at 18446
[09:16]   Sandeep : SHAI THE VOLUME BAR /
[09:16]   Manthan : ok
[09:16]   Shai : Open is lower but 8502 possible if we get volumes
[09:16]   Sandeep : sorry for caps
[09:17]   Deepak : GM Shai, All
[09:17]   Shai : the volume bar has been added in the lower most pane and in blue would mean rising volume and purple is reducing volume
[09:20]   Shai : Buy NF over 8484 for 8504/ 8522 sl of 8466
[09:24]   Shai : That 80% rule is valid in BNF also- watch 18710 val
[09:26]   Rahul G : shai in the bar it is blue and red
[09:26]   Rahul G : there is a purple line though
[09:26]   Shai : blue would be higher vol ad red the lowerone
[09:26]   Shai : Buyers at VAL in NF
[09:28]   Prakash : shai NF buy
[09:28]   Shai : purple line is the same as yesterday’s blue line- diff color
[09:28]   Shai : yes can buy
[09:28]   Rahul G : so shai dipping volumes is not a good trade
[09:29]   Sandeep : shai bnf tgt
[09:30]   Shai : 18775
[09:32]   Shai : 8505
[09:32]   Shai : just the way it worked yesterday
[09:33]   Shai : Sl is now just below vwap in NF on bal qty
[09:33]   Shai : let’s see if this can pull up over VAH today
[09:36]   Shai : Both NF and BNF giving hints of a drive though volume is not enough at this open to suggest a break of range
[09:36]   Shai : vwap is hence imp
[09:49]   Uttam : vwap is the blue line?
[09:49]   Shahid : Orange Text?
[09:49]   Shahid : 8484.6?
[09:49]   Uttam : sorry got it
[09:49]   r m : @Shai, that buy above 8484 trade can be taken again or better to wait for OF to turn green?
[09:53]   Shai : now abv 8490 F only
[09:54]   RK : Shai this new vol bars are awesome..
[09:55]   r m : Thank Shai
[10:02]   Tejpreet : Hypo 2 active in NF .
[10:08]   Prakash : Shai huge buying @ lows 300k
[10:09]   Bhagya : 8459 price had big buying qty. How to read this plz
[10:09]   Prakash : @can we consider this as spike low to touch spike high
[10:09]   Shahid : VWAP 8449?
[10:09]   Shai : yes buyer at lows
[10:09]   Shai : his tgt is vwap 8479
[10:09]   r m : @Shahid, 8449 is VWAP lower 3sd band
[10:10]   Shai : vwap is 8479
[10:11]   Anay : buyers stepping in at lows?
[10:12]   Shai : yes
[10:13]   Shai : still balanced though
[10:13]   Shai : seller has come back today from 8505
[10:14]   Shai : BNF is spending too much time below VAL
[10:15]   Shai : has to move up also
[10:17]   Shai : Below vwap NF can go down to 8435- long careful
[10:22]   Suyash : @shai – is it good to go long again as long as that 279025 buyer holds?
[10:22]   Suyash : ok just read that you said be careful
[10:22]   Suyash : didn’t read up
[10:25]   Shai : safe abv vwap only
[10:26]   Suyash : ok shai
[10:30]   Shai : that buyer has a tgt at vwap- (10:09) Shai :his tgt is vwap 8479
[10:30]   Shai : below 8452 he will give up and we can have a 20 point fall
[10:31]   Sandeep : shai if he raches Vwap , then
[10:31]   Sandeep : reaches
[10:31]   Sandeep : a fall ?
[10:32]   Shai : if reds show he is booking
[10:32]   Hemant : Buyer not in mood to confront seller today Shai?
[10:32]   Shai : Hemant still the same story- Buyer at lows and seller at hghs
[10:32]   Shai : only thing is they are fighting for more territory everyday
[10:32]   Hemant : 4 days in a row Shai 🙂 God knows what is in store
[10:33]   Sandeep : this bot/bdown will have great thrust
[10:33]   Sandeep : whenever it happens
[10:33]   Shai : Not just God, every1 knows it will be a 100 point breakout 🙂
[10:33]   Sankar : 🙂
[10:33]   Hemant : This now become the flipping of a coin ..
[10:34]   Shai : the problem is expiry next week
[10:34]   Shai : and some wilder moves
[10:34]   Hemant : That will put longs under a lot of pressure
[10:34]   r m : Perhps the God knows the direction of breakout 🙂
[10:34]   Sankar : May be we will have a perfect D profile on weekly profile this time.
[10:34]   Sankar : 😉
[10:34]   Shai : yes it’s a D so far
[10:35]   Hemant : Watching 79
[10:35]   Hemant : This could be it
[10:35]   Hemant : Shai, where does 8505 seller unwind?
[10:41]   Hemant : Coiled up 🙂
[10:41]   Uttam : 8459 will be a HVN now?
[10:41]   Shai : that answer is in intra day OI data only
[10:41]   Hemant : RM, where is the MO?
[10:41]   Shai : unwinding and new volume can be detected by OI change
[10:42]   Shai : Yes Uttm is day dpoc now
[10:42]   r m : @Hemant, it was -16 at EOD yesterday
[10:42]   Shai : btw that 10.03 is the vwap band to vwap trade
[10:43]   Hemant : Spikes anyone ? 😛
[10:44]   Ashish : Buyera @ VWAP
[10:44]   Ashish : buyers*
[10:47]   Hemant : Ty RM
[10:49]   Hemant : NF discount .. hmm
[10:49]   Shai : with 1 week left
[10:49]   Shai : kind of weird
[10:50]   Hemant : Yea… dont make sense. Market filled with more surprises than simple buyers and sellers these days
[10:56]   Hemant : That 27K buyer hasnt pulled out yet..
[10:58]   VR : 270k hemant 🙂
[10:58]   Hemant : Ty VR , my bad
[10:58]   r m : serious downsizing 🙂
[11:06]   Shai : some more buyers
[11:12]   Shai : Buy NF again 8485 sl of 8459 tgt 8605/ 8625
[11:13]   Hemant : wow!
[11:13]   VR : wow indeed 🙂
[11:13]   Hemant : 86++ 🙂
[11:13]   Sandeep : shai r u serious
[11:14]   r m : arrey bhai, philhaal 100 ghata do, aage phir dekhenge 🙂
[11:14]   Hemant : Smashing Shai 🙂
[11:14]   Prakash : Shai wts this, wow, sweet news, 100pts move
[11:14]   Sandeep : or is it that your gut feeling , typo ultimately turning to reality
[11:14]   Sankar : 8505/8525 probably :).
[11:15]   Sankar : NF has ranged too much that, is spoiled Shai’s eyes.
[11:15]   Shai : 8505/8525 🙂
[11:15]   Sandeep : ya thats understood
[11:15]   Hemant : Shai Bhai 🙂
[11:16]   Shai : that lure of 8600 is a bit too much
[11:16]   Sankar : lol.
[11:16]   r m : 🙂
[11:16]   Hemant : Overthought Shai, i’m glad its not 6800 🙂
[11:16]   Shai : 🙂
[11:18]   Naveen : Shai if we combine two day profile of today n sterday it looks incomplete between 8455/8500 zone
[11:18]   Naveen : will it take more time trading this range to complete??
[11:22]   Bhagya : Below 8458 it is an easy sell, I think better to wait till then for short sellers
[11:25]   Vikkas C : GM all
[11:25]   Deepak : @Shai, I told to take the typos very seriously 🙂
[11:28]   Varun : @shai can u change the volume back to 4 lac point
[11:29]   Uttam : green turns to pink but we hold the longs right with SL 8459?
[11:29]   Varun : t gives a proper spike
[11:29]   Shai : exit NF longs
[11:29]   Varun : Else we will get false ones
[11:29]   Shai : No happy tat it did not stay abv val
[11:31]   Shai : which 4 laks?
[11:34]   Varun : In the morning blue spike zone had a 4 lac figure to compare
[11:34]   Shai : that open vol will be bigger in 9/10 cases
[11:35]   Varun : thanks
[11:35]   Uttam : 8484 is VAL of yesterday?
[11:35]   Shai : yes
[11:36]   Varun : Even the 8456 spike back to 8478 vwap was high
[11:36]   Shai : yes
[11:36]   Varun : 8506 spike was around 3 lacs
[11:37]   Shai : toning down expectation here as we move vwap over the next 2 hours
[11:37]   Shai : mkt is in balance and better to choose trades wisely than overtrade
[11:37]   Kiran : Shai BNF time stamps in 5 min , pl make visible if not in suync with NF.
[11:38]   Kiran : thankx
[11:42]   Kiran : varun 11:10 candle , and 11:35 candle BNF do u call it test ?
[11:59]   Bhagya : now negative delta getting created. waiting to sell below 8458
[11:59]   Bhagya : Am, I right shai sir
[12:04]   Naveen : Shai can we opt for hypo 2 here??
[12:10]   Bhagya : 8458 held by a wisker
[12:11]   Hemant : Its the sellers turn now
[12:11]   Hemant : 🙂
[12:13]   Hemant : More coiling up.. this is volcanic stuff
[12:13]   Shai : No now next move below IBL or keep a sl of 8505 from here
[12:13]   Shai : yes Bhagya
[12:18]   Tejpreet : I am unable to view charts …. can log in and see the chat but charts just not loading….any options logged in from both chrome and firefox.
[12:20]   Hemant : Tej do a “refresh” on Firefox.. clear our cookies etc.
[12:20]   Shai : clear all your cookies
[12:21]   Uttam : can we not go back & view the charts?
[12:27]   Shai : previous charts on the blog
[12:27]   Uttam : today’s chart if we need to see from the open? 5 min?
[12:30]   Anay : you will be able to see them at EOD
[12:30]   Tejpreet : Yes done now …can see charts …firefox refresh helpes thanks.
[12:30]   Uttam : oh ok thanks
[12:37]   Ashish : Spike worked for 15 points in NF 🙂
[12:38]   RK : now guys seems dont want trend days..they are fine with grinding 🙂
[12:38]   Hemant : True 🙂
[12:38]   Hemant : 1 BO move/week 🙂 Doctor’s prescription
[12:38]   r m : trend day will come when everyone gets tired of stops triggering and decides to wait for a better entry 🙂
[12:39]   Ashish : When grinding works for you in this grindng zone, that’s acceptable na RK 😉
[12:39]   RK : but in a way its true.the levels where you want the breakout, it will never happen mostly..but we all left those failure tests without trades..but now this setup helps to trade them also..
[12:40]   r m : yep
[12:40]   Ashish : spiky setup is cool and thanks to Varun for this
[12:40]   Ashish : and Shai for incorporating these bars also
[12:41]   Tejpreet : Another thing is keep orders punched in ..because price will move fast post BO.
[12:41]   RK : Ashish true..but have to train ourself to run from grind when real breakout happens..so better to go with SAR when 2nd or 3rd test happens 🙂
[12:41]   Ashish : OK Rk, noted the point
[12:41]   RK : Tej do you have time to keep orders punched..am managing with mkt orders only now a days
[12:42]   Tejpreet : Yes like 8560 above buy with sl and 820 below with sl
[12:42]   RK : I feel it works well for stocks around imp pivots..
[12:43]   Hemant : RK Market order without SL?
[12:43]   Tejpreet : If real BO then no chance of SL to be hit other wise back to the grind
[12:43]   RK : for eg, check Axis Shai’s 544 pivot..almost 4 lac qty traded there..
[12:44]   Tejpreet : RK stock is different ball game ….you better at handling them 🙂
[12:44]   RK : so if in shorts, cover there after that vol tower and fresh longs anticipatory try here with stop just 2 rs below that..
[12:44]   Hemant : 8459 buyer not giving up here?
[12:44]   RK : Hemant I think sometimes only mkt orders helps for this setup to initiate a trade..for exit and SL yes system orders..
[12:45]   Hemant : Agree RK, after all the banter on SL hits in last few months, I go market orders and mental stops
[12:46]   Hemant : Not very efficient if something goes wrong with mental stuff though 🙂
[12:46]   RK : 🙂
[12:46]   Kiran : Tej, 820 ?
[12:46]   Hemant : Bring me some alprax 😛
[12:47]   Uttam : short on NF only below IB low?
[12:47]   Tejpreet : But seriously RK looking at so many stocks and tracking them does require good amount of patience and discipline.
[12:47]   Hemant : Back in premium from discount ..
[12:47]   Hemant : wow!
[12:47]   Shai : BNF
[12:48]   Tejpreet : one good trade 8500 put att vwap 87 booked now .
[12:48]   Tejpreet : Kiran typo 8420
[12:49]   Tejpreet : BNF close to 18510
[12:49]   Tejpreet : Shai get into some calls with sl
[12:49]   Hemant : buyers..
[12:50]   Kiran : Tej, sorry I saw old messege.
[12:50]   Anay : buyers stepping in again at lows
[12:51]   Shai : 18470 strict SL Tej
[12:51]   Shai : exit if vwap does not cross for that counter trade
[12:51]   Tejpreet : OK got in 19000 call at 67 with sl
[12:51]   Shai : thos eold buyers at 18650 have some work to do if price climbs
[12:52]   Ashish : KRA again @ work
[12:52]   Shai : NF vol bar alert below sd band, but delta not conf yet
[12:52]   Uttam : BNF is long as tgt of 18520 met?
[12:53]   Hemant : Shai, has the 8459 buyer folded?
[12:53]   Shai : No Uttam just responding to his query
[12:53]   Shai : No longs
[12:53]   Prakash : huge buy in BNF @ lows
[12:53]   Uttam : oh ok yes thought so, thanks 🙂
[12:54]   Uttam : 84250 / 44225 are you referring to these numbers Prakash?
[12:54]   Shai : NF counter now
[12:54]   Uttam : NF is short now with SL 8505?
[12:55]   Hemant : LVN 0 Buying.. why isnt this moving out quick?.. lets go!
[12:57]   Tejpreet : Shai if the pric does not move up immediatley post greens at low like in BN can those greens be assumed as short covering instead of buying.
[12:57]   Shai : Uttam no short
[12:58]   Uttam : because we are at a LVN & price is getting supported?
[12:58]   Shai : Possible Tejpreet but we never know for sure
[12:58]   Shai : It will move when price is abv the light blue dpoc
[12:58]   Ashish : Shai, where could be the upside target for the NF buyers @ lows?
[12:59]   Shai : Vwap Ashish
[12:59]   Ashish : OK, Thanks
[12:59]   Tejpreet : Thanks Shai … BN for vwap now .
[12:59]   Shai : Uttam couple of things- one was OF showed greens and 2 we don’t take new positions below vwap sd bands
[13:00]   Shai : infact counter works better for a quick 10- 20 point scalp
[13:00]   Uttam : oh ok need to learn & remember these things 🙂
[13:01]   Shai : BNF in trouble for longs
[13:01]   Tejpreet : Yeah takes the SL .
[13:05]   Shai : pressure on longs
[13:06]   Hemant : Dead cat bounce ?
[13:07]   Tejpreet : Hemant where is the cat ..that is what we are looking for past 3 days 🙂
[13:07]   Manthan : Billi is already Dead
[13:07]   Manthan : 🙂
[13:07]   r m : spot low 8419
[13:08]   Hemant : The cat is purring ..
[13:08]   Tejpreet : Shai volumes are good does this confirm BO on downside.
[13:09]   r m : cat is calculating which side more rats 🙂
[13:09]   Shai : yes
[13:09]   Shai : longs trapped and reducing
[13:09]   Shai : we will short the bounce with sl of 8452
[13:10]   Shai : Sell NF
[13:10]   Shai : not coming abv sd bands
[13:10]   Shai : can do 8394 and 8353
[13:16]   Hemant : Shai, OTF in the house?
[13:17]   Shai : yes
[13:18]   Sankar : PP0 met today.
[13:18]   Hemant : Yellen aunty 🙂
[13:26]   Shai : Some new selling in NF
[13:28]   Tejpreet : (12:48) Tejpreet :one good trade 8500 put att vwap 87 booked now . In hindsight turns out to be a bad trade now at 130 🙁
[13:29]   r m : hindsight never generates profits, only foresight does )
[13:29]   r m : 🙂
[13:29]   Tejpreet : Correct RM plus someone had to feed rats to the cat 😉
[13:29]   r m : lol
[13:34]   Sandeep : shai any trades here
[13:34]   Shai : Same trade NF is a sell for 8355 sl 8452
[13:35]   Shai : one big buyer at 8394
[13:39]   Bhagya : selling done at 8459 covered 8410
[13:39]   Shai : Sell NF 8412 sl of 8437 tgt 8392/ 8362
[13:39]   r m : congrats Bhagya!
[13:39]   Naveen : congrats bhagya 🙂
[13:40]   Sankar : Nice trade it is Bhagya 🙂
[13:40]   Tejpreet : Good one Bhagya !
[13:43]   Bhagya : thanks. but I am a novice in markets and more than money, I want tlo learn market profile and order flow analysis in dept
[13:44]   Bhagya : thanks to shai sir and the team for giving us this great service and opportunity. I would like to get material or links or any advaced content on market profile and orderflow analysis and hypos plz
[13:44]   Soumya : Super Bhagya !!
[13:45]   Sridhar : shai: more video/webinars should be done to us , for learning market profile & order flow
[13:47]   Shai : more sellers
[13:47]   Hemant : run for cover 😛
[13:49]   Ashish : common 108425, what the hell are you thinking… cover yourself before its too late for you
[13:49]   Kiran : Shai are we back to earlier balance zone ? If so we expect few oscillations ?
[13:50]   Shai : This is another one at 8419 who is a seller
[13:50]   Ashish : I mean the green one @ bottom in 3o min. candle
[13:51]   Shai : Kiran plan is now to short on rises with sl above 8465 for 8355 and possibly 8280
[13:51]   Kiran : ok
[13:52]   Prakash : @ashish if that guy gives out, it will be good get short targets early
[13:53]   Ashish : Yes Prakash, that’s what we want naa
[13:54]   Kiran : one more help reqd shai. I was short at 18675 but placed incorrect SL placed @17000 , it cut and fall. Next time will need guidence on SLs.
[13:54]   Soumya : So this time 8330 might not hold, Shai?
[13:55]   Ashish : Shai, so we are targetting the buyers of 12th and 13th with 8362? am i right ?
[13:55]   Shai : Yes Soumya repeated probes make it weaker
[13:55]   Shai : Yes Ashish
[13:55]   Ashish : ok shai, thanks
[13:57]   Tejpreet : looks like going back into the range …was thinking of a fast 50 point move.
[13:59]   Uttam : Shai so do we keep SL above 8465 for shorts to carry them?
[14:00]   Shai : yes can
[14:00]   Uttam : great, thanks
[14:00]   Shai : positional will have that stop now but 8505 F is best bet for expiry
[14:00]   Shai : today’s profile is a DD again developing
[14:01]   Uttam : okies
[14:01]   Shai : and more likely 8462 should hold till tom
[14:02]   Shai : no doubt 8394 was a ig buy but 8420 showed some serious selling or possible long liquidation
[14:02]   Shai : *big buy*
[14:03]   Uttam : okies
[14:03]   Sandeep : i think the guy sold and covered
[14:03]   Shai : the 12.45 and 1.15 bars still show them
[14:03]   Shai : could be
[14:03]   Sandeep : quick 25 pt
[14:03]   Shai : was waiting for a test of 8435 F again when that happened
[14:03]   Shai : (13:10) Shai :Sell NF. (13:10) Shai :not coming abv sd bands
[14:04]   Shai : He kep it below SD
[14:04]   Uttam : yep
[14:04]   RK : and the way 18620 liquidated in BNF
[14:05]   Shai : Could be Sandeep, but right abv 8435 to 8460 are stuck dip buyers of today
[14:05]   Uttam : but more buyers now, last few bars in both NF & BNF
[14:06]   Uttam : pink turning to green
[14:07]   Shai : yes possibility of a bounce
[14:08]   Shahid : Pink- Curve turned to green? at what level it changed to pink from green?
[14:09]   Shai : roughy 8463
[14:09]   Kiran : 8460
[14:09]   Shahid : Thanks
[14:12]   Ashish : Shai, b ig orders are coming again?
[14:12]   Chandrashekhar : where is vwap now
[14:12]   Vikkas C : 8448
[14:13]   Chandrashekhar : thnx
[14:14]   Prakash : @ashish see 67 k selling in the same area of 108
[14:14]   Shai : yes Ashish slight vol pop
[14:14]   Shai : that 5 min vol bar should alert us
[14:14]   Tejpreet : Missed the BN short below weekly level of 18510 …straight 200 pointer.
[14:15]   Prakash : @ashish see 75 k selling in the same area of 108
[14:15]   Ashish : yes prakash..
[14:16]   Prakash : @ashish at 8410, guy is short ???
[14:16]   Ashish : I was looking in IIFL terminal, orders around 5000 are coming. I think this buyer @ bottom is in danger
[14:16]   Shai : from order book?
[14:16]   Ashish : i mean volumes, sorry
[14:18]   Ashish : @ prakash, as shai siad serious selling is coming from 8420 levels, so now everything is looking a red to me since i am short 😉
[14:20]   Tejpreet : 18363.90 IN BN 30 min …any significance ?
[14:21]   Prakash : @shai me too
[14:23]   Varun : wazz up room
[14:24]   Varun : bear blood bath
[14:24]   Varun : 🙂
[14:24]   Sandeep : silence of the lambs ( bulls)
[14:24]   Varun : i ws proved wrong
[14:24]   Tejpreet : Bear hai blood hai just the bath missing 🙂
[14:24]   Varun : i thpught we had excess
[14:24]   Varun : yesterday
[14:24]   Varun : gone with 8425 going
[14:25]   Sandeep : now waiting for 8362 nf today
[14:26]   Prakash : the mega sl of 8388 is bought by some one
[14:26]   RK : yday they held it nicely above 8485 till close to go with bullish bias 🙂
[14:27]   Varun : no series has eaten ce/pe like this one
[14:27]   Varun : fr a long time
[14:28]   Shahid : I think Pink green is much effective, do we have backtesting of it
[14:29]   Prakash : last 3 session earnings of dip buyers gone for a toss
[14:29]   Uttam : we exit all shorts @ 8362 if it comes today?
[14:29]   RK : oops time to regret about bad exits now 🙂
[14:30]   r m : Client category was massively short in this series, guess they will cover n a big way today
[14:30]   Kiran : Shai BNF chart adjust please.
[14:30]   Tejpreet : They cover now nad FII will short now ?
[14:30]   Tejpreet : and
[14:30]   RK : RM why man! now only we started falling after such a painful grinding and you are scaring with mass short covering 🙂
[14:30]   Sankar : Yeah.
[14:31]   Sankar : let it trend plz.
[14:31]   r m : lol
[14:31]   Sankar : not again to that stupid range.
[14:31]   Sankar : 😉
[14:31]   Varun : 8330 mit play spoil sport again
[14:31]   r m : they are covering every day 🙂
[14:32]   Tejpreet : Let us have range play till Wednesday and the circuit on expiry …….circuit is a distant dream now , can anyone tell when was the last circuit in our market.
[14:32]   Bhagya : i covered early. how do you hold it tight? any suggestion by experienced traders?
[14:33]   Vikkas C : aug 2008 @TEJ
[14:33]   Tejpreet : And now Aug 2015 🙂
[14:33]   Bhagya : SELL RIGHT, SIT TIGHT
[14:33]   Uttam : guess having multiple lots is best way to hold while booking so that profits are locked
[14:33]   RK : Bhagya when we break from 2/3 inside days, just trail it with better SL
[14:33]   RK : and especially when we break it after testing the other extreme 🙂
[14:33]   r m : clients have covered 128K short contracts in this series till yesterday! http://vtrender.com/wp-content/uploads/2015/08/oishift13.png
[14:33]   Tejpreet : Bhagya best way is to decide what TF trader you are.
[14:34]   Kiran : Bhagya, i dont think that works evey day. Trend days only.
[14:34]   Ashish : doneeeeeeeeee
[14:35]   RK : Shai pls adjust BNF chart
[14:36]   Kiran : Shai busy in counting MTM?
[14:36]   Kiran : profits
[14:36]   Ashish : lol kiran
[14:39]   r m : anyone wants help in counting, you got a volunteer here – for very small percentage costs 😀
[14:39]   Ashish : some buyers are again in this zone..
[14:43]   Prakash : for today buyer means people cover cf shorts, it seems
[14:43]   r m : yes
[14:46]   Shai : Intra dayers exit but positionals wait for 8280 F
[14:47]   Uttam : cool will hang on then…
[14:47]   Tejpreet : SL for positionals would be 8462 right
[14:47]   Ashish : Shai, what level to enter new shorts or we will see again tomorrow?
[14:48]   Shai : we enter closer to 8420 smae sl of 8462 for carry
[14:48]   Shai : that seller there is our friend now 🙂
[14:49]   Ashish : ok shai :).. we will not betray our seller friend
[14:49]   Varun : shai keep this vol profile on always
[14:49]   Varun : will help in pivot points
[14:50]   Shai : ok
[14:50]   r m : Subah ka bhoola bhatka … http://screencast.com/t/oEhxg1P3N
[14:50]   Varun : thnks
[14:51]   Varun : always super stuff
[14:51]   Shai : BNF can still do 18135
[14:51]   Tejpreet : Shai Like nifty can you give BN positional views now.
[14:53]   Sumit K : @rm – MO?
[14:55]   r m : MO -44 right now, let us see where it ends up at close
[14:55]   Varun : i think so down move done for the day
[14:55]   Uttam : any reading material about MO?
[14:55]   Varun : lets see
[14:56]   Shai : BNF positional can probe 18080 but wait for bounce closer to 18400 to short
[14:56]   Tejpreet : Thanks Shai for BN.
[14:56]   Ashish : Shai, please shift banknifty 30 minute chart
[14:57]   r m : @Uttam, http://tinyurl.com/7dg3f37
[14:57]   Ashish : Thanks shai
[14:58]   Uttam : Thanks RM
[14:58]   r m : welcome
[15:03]   r m : Seller’s one for the road 🙂
[15:17]   Shai : last 2 friday’s have been dull
[15:18]   Uttam : so tom can be a interesting one….
[15:18]   Shai : a poetntial 8330- 8395 range again tom with res at 8420 and lower supp 8280
[15:18]   Tejpreet : After todays big range posibility of gap down are remote Shai ?
[15:18]   RK : range is ok..but U turn for the sake of adventure Friday..pls avoid tmw 🙂
[15:19]   Uttam : 🙂
[15:20]   Shai : a big gap down looks diff
[15:21]   Tejpreet : So better to book puts now and await fresh entry . Thanks.
[15:23]   Shahid : @Shai, Have any backtesting of Pink- Green line?
[15:25]   Shai : No I’m not a fan of backtesting- every situation is governed by volumes and if they are not considered then all other results are not valid
[15:26]   Shai : buyers or short coverers at the close
[15:27]   Uttam : got to be short covering right?
[15:29]   Shai : possible
[15:29]   Shai : nice defence of that 8355 zone
[15:30]   Shai : 8388 close
[15:30]   Shai : Bye all
[15:30]   Moses : Bye All
[15:30]   Vikkas C : bye all
[15:30]   Shai : Have a nice evening
[15:30]   John : Bye all
[15:30]   Uttam : thanks 🙂
[15:30]   Tejpreet : Bye All.
[15:30]   Hemant : Ty Folks
[15:30]   Uttam : see you all
[15:30]   Porus : bye all
[15:30]   Sandeep : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:32]   Ashish : Bye all
[15:35]   Sankar : Bye All 🙂

[09:18]   Ashish : Look at dominos pizza Shai 😉
[09:22]   Shai : 🙂
[09:23]   Shai : Pizza tastes better the next morning 🙂
[09:28]   Ashish : realized it today Shai:)
[09:36]   RK : Shai Jubliant had no vol spurt yday..so the buy was based on weekly values?
[09:37]   Gaurav : Pls have a look at Drreddy and Wock Shai.
[09:38]   Shai : RK vol alerts had come last friday on the downmove- I happened to just see the chart
[09:39]   RK : Yes Thursday and Friday we had very good volumes..
[09:42]   Shai : 1815 res – if that goes we have a biiger rise
[09:43]   Shai : dr reddy 4310 is weekly res but intra day fine over 4260- may hit 4366 is res is crossed imm
[09:44]   Shai : 4473 is obj postnl of the vols
[09:44]   Gaurav : Thanks Shai
[09:45]   Shai : wock may find res at 1740- 1770 band
[09:45]   Naveen : axisbank views please shai??
[09:45]   Gaurav : Thanks Shai
[09:46]   Shai : intra day supp 1700- looks like consolidation period
[09:46]   Gaurav : Thanks Wock always a dangerous cookie!!
[09:47]   Shai : axis weak 557 now res and supp may come around 544 on poss intra day short covering
[09:48]   Naveen : thanks shai
[09:51]   Manthan : Auro???? @shai
[10:47]   Shai : auro 836 intra res
[11:19]   Naveen : Shai techm views please
[11:34]   Shai : techm gap up not sustaining- 564 is supp
[11:59]   Manthan : Can we Short TCS here??
[11:59]   Manthan : Shai
[12:15]   Shai : yes tcs can short with ay high as sl for 2692 and 2638
[12:21]   Chandrashekhar : Shai any view infy?
[12:27]   Shai : imfy headed to supp at 1106
[12:31]   Uttam : TCS cash levels or futures?
[12:31]   Chandrashekhar : thanks shai
[12:33]   RK : Uttam all the stock levels discussed here are cash unless specified
[12:34]   Uttam : thanks RK 🙂
[12:35]   RK : Welcome
[12:47]   Manthan : Shai, Auro 805:)
[12:47]   Manthan : 826 Shorted
[13:13]   Manthan : mymy, Shai Thanks
[13:15]   Tejpreet : Shai Tata stell shorts next support level.
[13:18]   Shai : 240 intra day and 236 weekly
[13:18]   Shai : Good trade Manthan
[13:19]   Tejpreet : Thanks Shai.
[14:20]   RK : the worst whip of the day goes to HUL 🙂
[14:21]   RK : and it did move to Shai’s 902 just 15 paisa target miss 🙂
[14:35]   RK : RM when these cement boys run up 3-5% a day which is rare scenario, its a signal that they will fall equally next day 🙂
[14:38]   Ashish : @Rk, acc ??
[14:38]   r m : heavy stuff, difficult to keep in sky 🙂
[14:38]   RK : Ashish yeah ACC and ultratech
[14:38]   RK : RM 🙂
[14:40]   Ashish : OK, i recoevered longs yesterday only in ACC
[14:40]   Manthan : Shai, Auro Next level???
[14:40]   Manthan : Pls guide
[14:42]   RK : Ok Ashish
[14:48]   Ashish : RK, BTW thanks, some days back you advised keep a watch on cement stocks… so it’s because of you buddy
[14:49]   Shai : 782 is next supp in Auro
[14:50]   RK : Welcome Ashish 🙂
[14:50]   Shai : till it closes below 815
[14:51]   Uttam : TCS hit the first target now for tgt 2, good one Shai 🙂
[14:53]   Manthan : Okie
[14:53]   Manthan : Shorted TCS too:)
[15:00]   Ashish : Shai, USD/INR levels please..
[15:01]   Shai : 65.66 res weekly
[15:01]   Shai : a close abv that can bring 66.20/ 66.50
[15:02]   Ashish : Shai future levels?
[15:02]   r m : Yes, should be August Future
[15:03]   Ashish : OK, thanks Shai and RM..
[15:04]   Tejpreet : Shai views on Sun pharma filled the opening gap ?
[15:13]   Shai : Yes Aug F for usdinr
[15:14]   Ashish : Thanks shai
[15:14]   Prakash : shai any frest view on HUL
[15:14]   Prakash : *fresh
[15:15]   Shai : sun pharma 918 is postnl supp can climb back to 974 is held
[15:15]   Tejpreet : Thanks Shai.
[15:16]   Shai : hul may do 857 res now 893
[15:16]   Prakash : tnks shai