OrderFlow charts and Notes 22/01/16

[08:51]   r m : Good Morning folks!
[08:52]   r m : http://vtrender.com/evening-report-trade-dated-21st-jan/
[08:52]   Anupm Gupta : Good morning all !
[08:52]   r m : http://vtrender.com/orderflow-charts-and-notes-210116/
[08:52]   Porus : GM RM and all
[08:53]   r m : Nifty JAN Future levels | KRA 7382 | Hypo1 above 7344➜7394➜7450 SL 7310 | Hypo2 below 7244➜7197➜7147 SL 7296
[08:53]   r m : Banknifty JAN Future levels | KRA 14860 | Hypo1 above 15281➜15440➜15674 SL 14940 | Hypo2 below 14975➜14815➜14595 SL 15075
[08:53]   r m : Hi Porus
[08:54]   Shai : GM all
[08:55]   Jitender : Gm Shai,Rm,Folks:)
[08:59]   Chandramouli : GM all
[09:00]   Suresh : Good Morning All
[09:01]   RK : GM Shai,RM and all
[09:01]   r m : Hi Jitender, RK 🙂
[09:02]   RK : Shai, VA of BNF from blog has 20th VA..pls amend them
[09:04]   Shai : Done. Thanks
[09:04]   Arvind : GM all
[09:06]   Ashish : GM all
[09:07]   Sandesh : GOOD MORNING ALL!
[09:10]   Shanmugasubramanian : GM all
[09:11]   Tejpreet : GM All
[09:11]   Sameer null : gm
[09:14]   Venkatesan : gm shai,rm and to all
[09:15]   r m : Hi Venkatesan
[09:16]   Santosh : Gm all
[09:18]   Uttam : Good Morning All 🙂
[09:20]   Shai : Book out the NF positional trade – 7344-46 now . we are flat again
[09:21]   Uttam : it is an open like yesterday Shai?
[09:21]   Uttam : sellers @ gap up?
[09:24]   Sushovan : Shai, Buys shld come at high to take higher in OF?
[09:25]   Shai : still tentative here this open
[09:25]   Shai : yes need greens for higher levels
[09:26]   Uttam : OAIR
[09:28]   Nandesh : shai/ rm where is weekly vwap
[09:28]   Sushovan : ok.thanks
[09:29]   Tina : are there any trades open?
[09:29]   Uttam : nope
[09:30]   Shai : Keep a BNF sell below 15265 sl of 15325 tgt 15200/ 15170
[09:30]   Tina : thanks Uttam
[09:30]   Tina : Shai generally what is the risk reward ratio?
[09:30]   Shai : No Tina Flat in NF and BNF positionals as friday
[09:30]   Uttam : 🙂 you will also be able to view all trades in the 2nd tab ‘A’ announcements
[09:31]   Shai : for positionals generally 1: 3 but we take out the first half early and ride the balance at cost when the trade moves in our favor to make it risk free
[09:32]   Tina : okay
[09:33]   Shai : managing the risk is more imp- have to keep the capital intact- the profits will flow
[09:35]   Shai : BNF is a short only if 265 breaks, don’t short abv it
[09:37]   Nandesh : shai/ rm where is weekly vwap
[09:37]   Nandesh : in NF
[09:38]   Shai : 7380
[09:38]   Nandesh : tnx
[09:39]   Uttam : reds increasing in bnf on rise Shai?
[09:39]   RK : Shai can we have FEb 30 min aside to verify roll overs
[09:41]   Shai : sure good idea
[09:42]   Shai : BNF probing that zone at 15350 and meeting sellers
[09:42]   Shai : a low volume node here and higher risk to short here as it can fly to 17450 also
[09:43]   Shai : but sellers are definitely in
[09:45]   Nandesh : levels for usdinr ?
[09:48]   RK : bulls not allowing prices back to value for record 30 mins after open 🙂
[09:49]   Uttam : Shai 7200 PE low today is 22 🙂
[09:52]   Varun : shai daily of blocked
[09:52]   Shai : usdinr is weak intra below 67.97 can see 67.67 intra
[09:52]   Varun : hang
[09:53]   Sameer : k
[09:53]   Varun : ticker showin wrong prices
[09:53]   Sameer : ?
[09:55]   Shai : 30 min FEB chart on screen next to Jan 30 mins and then the full day is there
[09:56]   RK : thanks Shai
[09:56]   RK : 30 min gives better pic than daily
[09:56]   Uttam : feb has big sellers @ top Shai>
[09:56]   RK : 1.6 seller in Jan rolling over in FEb Uttam
[09:57]   RK : *1.5
[09:57]   Uttam : yep RK was abt to ask abt it?
[09:57]   Varun : cool, thanks
[09:57]   Uttam : thanks
[09:57]   RK : this 1 lac in Jan is fresh seller
[09:57]   RK : and 60 too
[09:57]   Uttam : yep and above it also 60k
[09:58]   Sameer : is it buyer*seller OR seller*buyer on chart…sorry first time looking at this kind of chasrt
[09:58]   Ashish : new sellers in Jan. now
[09:58]   RK : Sameer sellerxbuyer
[09:58]   Ashish : 118000 not rolling over in feb.
[09:59]   RK : YEs
[09:59]   RK : you got 2lac+ company Ashish 🙂
[10:00]   Uttam : but NF has got into yesterday’s singles so could go upto 7401?
[10:00]   Ashish : yes RK..
[10:00]   R Goel : ashish you are refering to that 13xxx number
[10:00]   Uttam : yep that is big reds @ top?
[10:00]   Ashish : yes RG
[10:00]   Uttam : time for some greens too now
[10:01]   Sameer : thanks RK
[10:07]   Sandip : small profit booking at top
[10:08]   Shai : 17403
[10:08]   Shai : IB is with the buyers
[10:09]   Shai : we could have gone long on the vwap test in NF at 7344 but I avoided as BNF was shoing sellers
[10:09]   Shai : 7345- 7375 was an easy trade
[10:10]   Shai : let IB resolve – we will activate once that part done
[10:10]   Sandip : big seller in bnf at top 44k
[10:12]   Varun : shia why is 82 kra ?
[10:13]   Uttam : big sellers @ top in both NF & BNF?
[10:13]   Shai : Has been since Mon Varun – is a weekly ref
[10:14]   Sushovan : Shai one suggession. Can you make color of seller deep red instead of PINK. Difficult to see pink on gray back goround
[10:15]   Shai : Remove the BNF sell below call from the system
[10:17]   Augustin : @Shai – Will it be a trend reversal if it sustains above KRA?
[10:19]   Sandeep : feb 30 min chart beside great idea…to distinguish between rollovers and new business
[10:22]   Shai : Augustin not really – has to pull abv that high vlume 7440 zone and then 7380 can be a good sl for a 100- 150 point swing
[10:23]   Augustin : Ok. Tks
[10:23]   Tejpreet : Shai 7440 you mean those 3 day POC around 7437.
[10:23]   Shai : yes
[10:24]   Augustin : @Shai – Mar 7800 CE could be a good bet if it goes above 7440?
[10:25]   Shai : yes can be
[10:25]   Shai : but around 7620 is also a res
[10:25]   Augustin : Ok
[10:27]   Shai : Keep a New BNF short below 17375 sl of 17429 tgt 17285/ 17212
[10:28]   Shai : I’m looking to short BNF on these reds but price probe upwards to that LVN high of 17450 may still take it higher some more
[10:28]   Uttam : 15k Shai not 17 😉
[10:28]   r m : 🙂
[10:29]   RK : Shai wrt to that 15450, that should push min 150 higher..right?
[10:29]   Shai : (10:27) Shai :Keep a New BNF short below 15375 sl of 15429 tgt 15285/ 15210
[10:29]   Shai : thanks Uttam 🙂
[10:29]   Uttam : 🙂
[10:29]   Tejpreet : Shai can you give the major vix suppoet level into the expiry week , it will help us in exiting OTM call / puts as beyond this support we can exit.
[10:31]   Shai : If it crossed abv 17465 roughly we will flipp and go long
[10:31]   Shai : Tej preet for next week ?
[10:32]   Tejpreet : yes
[10:32]   Shai : Friday volumes are very imp – will update at close
[10:32]   Tejpreet : sure .Thanks.
[10:33]   Sandip : looks like bnf jumping extra for peoples stoplosses :))
[10:35]   Shai : Buy BNF 15470- 15480 sl of 15401 tgt 15586/ 15670
[10:37]   Shai : remove the BNF sell below from system
[10:43]   Sameer : closed my heropanti long of yesterdat
[10:43]   r m : Congrats Sameer!
[10:44]   Sameer : will go short for target less than 7200 with OTM Puts with very smal l part of balance with averaging down(wrt NF)
[10:44]   Sameer : Shai should I wait before buiding short ?
[10:45]   Sameer : ?
[10:45]   RK : Sameer Shai has given buy on BNF.
[10:46]   Nandesh : rm.. what is yellow line in footprint chart of BNF
[10:46]   Nandesh : if it is VAH then it is different from Market profile chart
[10:46]   Sameer : oops ok…will be very cautitious and wait for break of 7340
[10:47]   r m : @Nandesh, not sure, looks like dvah, will ask Shai
[10:47]   Shai : Exit the BNF long trade here at cost – 17480/ 17485
[10:48]   Shai : just not able to get a proper entry in BNF
[10:49]   Rahul P : shai, looking for a nf short here…..sl, val of upper balance
[10:49]   Rahul P : sounds ok ?
[10:50]   Uttam : NF DPOC still not moved up & reds piling at top now?
[10:53]   Uttam : now it moves up
[10:53]   Uttam : 7395 is DPOC now
[10:53]   Shai : don’t short
[10:53]   Shai : one tme frame up
[10:54]   Uttam : big buying in NF?
[10:54]   Sandip : there stoploosses hit and sellers found 🙂
[10:54]   Shai : price conf is not there to short yet
[10:54]   Hari : @shai, can you ajdust the BNF OF stack
[10:54]   Uttam : but Shai dpoc moving up is bullis right?
[10:55]   Uttam : means value getting accepted higher?
[10:55]   Shai : no not necessay
[10:55]   Shai : dpoc moving is new business
[10:55]   Uttam : ok…
[10:56]   Rahul P : shai, so if we enter the upper balance, price my well go for vah
[10:58]   Uttam : so new buyers in?
[10:58]   Uttam : but we have lots of reds @ top on the full day chart?
[11:00]   Jitender : Shai…can upls darken the shade of red numbers in 5min & 30min chart
[11:00]   Shai : Buy NF in 2 part at 7400 here and at 7372 sl of 7335 on trade tgt 7468/ 7502
[11:00]   Jitender : u pls
[11:01]   Shai : there’s no change. Is it looking different?
[11:02]   Shai : BNF
[11:02]   Jitender : nope
[11:06]   RK : have not seen 3% +ve on BNF for many days 🙂
[11:06]   Shai : 7200 pe at 15
[11:07]   Shai : 7400 call writers have to take a stand now
[11:08]   Shai : seeimg postnl res in 7400 ce at 77, cmp 66 supp is 45 on day
[11:09]   Shai : BNF waht a rocket
[11:09]   Shanmugasubramanian : despite all reds in 30 mts chart BNF firing
[11:10]   Uttam : guess the reds are making the rise faster 😉
[11:10]   Shai : may not last beyond a day but for now it is up
[11:10]   Tejpreet : BN move was alaways there above 450.
[11:10]   Shai : yes 450
[11:10]   Uttam : we have huge reds in NF 30 mins at top Shai? delta is also minus
[11:11]   Shai : Buyer’s remorse in BNF
[11:11]   Uttam : 🙁
[11:11]   Shai : 586 and 670 were my tgts- data pointed that it had moved too much in 90 mins hence I exited
[11:12]   Shai : one of those outliers which becomes even difficult when opp to main trend
[11:13]   RK : it’s tough to catch reversal esp when we ate most of the down move
[11:13]   Shai : hope you guys forgive
[11:13]   Uttam : come on Shai
[11:13]   Rahul P : no prblm….
[11:13]   Augustin : @Shai – I held on to that, and closed near *570 🙂
[11:13]   RK : and it’s always good to ignore first revertsal..this is my basic logic in trend folowing.so Shai this should be absolutely ok and lets take a day off 🙂
[11:13]   Shai : wow
[11:14]   Uttam : nice one Augustin
[11:14]   Tejpreet : Shai Jan has been the best month . Cheers to that !
[11:14]   Augustin : 🙂
[11:14]   Shai : Cheers indeed
[11:14]   Chandramouli : better not to be on trade than regret being in the trade…
[11:14]   Chandramouli : yes has been a good month
[11:14]   RK : Augustin blasted crackers on behalf of all of us..Congrats 🙂
[11:15]   r m : Actually seeing Jan trading, Shai should be encourage to take more holidays and come back double charged 🙂
[11:15]   Chandramouli : and great debut for alerto
[11:15]   r m : *encouraged
[11:15]   Shai : has not been a good morning actually- 2 alerts did not fire off and both were longs 🙁
[11:16]   Jitender : tats k…
[11:16]   Jitender : u r our anchor….
[11:16]   Shanmugasubramanian : we r ready for the next trade shai
[11:16]   Chandramouli : yeah and day is still not over 🙂
[11:17]   Shai : Cheers to that
[11:17]   Rahul P : shai, have shortd NF
[11:17]   Tejpreet : Shai my personal observation is that if hypo alert is triggered after first 30 min it generally gives direction of the day …..then all moves towrds hypo level or sl to be traded .
[11:17]   Rahul P : at 7410
[11:17]   Viral : as u said preserivng our capital is most imp 🙂
[11:18]   Shai : true that
[11:22]   Sandip : shai for any intraday trade and positional trade how much of capital do you invest? in % of total capital?
[11:25]   r m : @Shai, may be you can write on best practices in capital management in the blog? what do you say guys? 🙂
[11:25]   Sandip : seriously needed
[11:26]   Chandramouli : a blog or a video would be great…
[11:26]   r m : yes, this is one area which is most important in trading and least written about
[11:26]   Sandip : most people will get market right but money management wrong
[11:26]   Uttam : +1
[11:27]   Shanmugasubramanian : +1. but we shld follow it
[11:27]   Porus : +1
[11:30]   Uttam : Shai the NF fill has not happened till now, do u suggest to wait for 7400 or go long 1st part @ cmp?
[11:31]   Sandip : im sure shais short command is gonna come at 7430-7445 🙂
[11:32]   RK : Sandip he never advise to short at top..may be on break of 7380 🙂
[11:32]   RK : if you dont scale above 7430-40
[11:32]   Uttam : Also in today’s profile which is elongated, we have couple of anomalies @ 7365 & 7386, chance that we revisit them to repair?
[11:32]   Sandip : 7380 is IBH?
[11:32]   r m : @RK, any views of 17K typo? 😀
[11:33]   RK : lol
[11:33]   Uttam : that could come in Shai weekly report 😉
[11:33]   r m : @Sandip, yes 7378.35
[11:34]   Sandip : thx rm
[11:34]   Uttam : i thought IBH was 7382?
[11:37]   RK : Tej what about selling 7400 straddle here?
[11:37]   Tejpreet : this month ?
[11:37]   RK : yes
[11:37]   r m : sorry Uttam you are right, I gave the IBH of spot 🙁
[11:38]   Uttam : thanks RM was wondering if I am getting wrong data 😉
[11:38]   r m : no, it was the reply from a wrong guy 🙂
[11:38]   Tejpreet : just 115 …premium is too less …100 point swing can come .
[11:39]   Jitender : wats happening..both Shai & Rm r emotional today:)
[11:39]   r m : lol
[11:39]   Tejpreet : if vix goes back to 21-22 in next expiry week than premium will rise.
[11:39]   r m : only wrong not emotional 🙂
[11:40]   Uttam : come on RM, you gave the right data
[11:40]   r m : yessir!
[11:40]   r m : only scrip was wrong 🙂
[11:40]   RK : Tej alright
[11:40]   Uttam : 🙂
[11:44]   r m : (*** Private to Nandesh ) confirmed with Shai, yellow lines are developing values only, dvah in bnf was running in step with price so got confused
[11:45]   Jitender : & rm..the guy is never wrong:)
[11:45]   r m : not me!
[11:45]   r m : 🙂
[11:45]   Jitender : yup
[11:45]   Uttam : Shai the NF fill has not happened till now, do u suggest to wait for 7400 or go long 1st part @ cmp?
[11:46]   Nandesh : rm dvah in footprint chart and MP chart showing different values
[11:46]   Nandesh : in nf
[11:46]   r m : may differ a bit
[11:47]   r m : just 2 points in NF
[11:47]   Nandesh : ok now
[11:47]   r m : thick yellow line in MP charts is the price marker
[11:50]   Shai : yes Buy around 7400 1st size only
[11:57]   Shanmugasubramanian : 7300 ce lvls pls shai
[12:00]   Shai : 7300 ce 142 res has been hit – watch for a move abv 142 which can give 170/ 180 . for now 123 and 115 supp for the ay auction
[12:00]   Shanmugasubramanian : thanks shai
[12:02]   Shai : Nifty F is good abv 7380 F now technically for 7467/ 7505 but a lot of the options are just hanging atres and supp
[12:03]   Shai : vwap also 7380 for this morning move and well abv vah and ibh for the bias
[12:03]   RK : 1 hour move completely shifted the table now
[12:04]   Shai : 2IBH also done quickly today
[12:04]   Nandesh : shai we have not buy nifty yet pls guide if you see no further retracement
[12:05]   Shai : we have one part entered at 7404 now- can wait to buy the other 1-
[12:06]   Nandesh : if NF do not retrace much then can we buy above day high
[12:09]   Shai : vix high of 22.10 this week?
[12:13]   r m : yes Shai
[12:16]   RK : Shai now if we drop below 7400 singles, you will consider that as weakness or that’s immaterial now?
[12:17]   Shai : drop below 7380-72 will be weakness
[12:17]   Shai : day auction only
[12:18]   Sameer : shai with new high at NF, 7300PE has not touched new low….?
[12:18]   Shai : willing to buy again vwap swipe/ IBH next 1 hour
[12:18]   Sameer : so buying might be happening in 7300PE
[12:19]   Sameer : ?
[12:21]   Shai : this zone 24- 29 intra in 7300 pe is a very unceratin zone – My view is writers come below 29 now on PE and keep wriiting with sl of 36 till mon
[12:21]   Shanmugasubramanian : #crudeoil Rally’s…Nymex up 4.5%, Brent gains over 6%.
[12:22]   Shai : watch 7300 pe at close if below 29
[12:22]   Uttam : big seller of 173550 in NF @ 7425?
[12:22]   Tejpreet : Shai a weekly close above 7440 means can buy aggressive feb calls.
[12:26]   Arvind : can be adoji star
[12:27]   Sandip : ok now some profit booking till vwap has to happen this 1.7 lac guy should force people till vwap
[12:30]   Shai : If in NF longs exit at 7418 now –
[12:31]   Hari : @shai, can we short nifty
[12:32]   Uttam : looking at a vwap test Shai?
[12:32]   Uttam : we exited bcos of those 3 big sellers is it
[12:33]   Uttam : 2 big sellers*
[12:33]   Shai : risk is increasing in that NF long
[12:33]   Shai : yes 1.73 L seller has plans
[12:33]   Hari : @shai, can we short NF
[12:33]   Shai : even FEB got sold
[12:34]   Uttam : thanks Shai, was holding a 7400 CE short as hedge so I can continue to hold it with SL abve 78?
[12:34]   Shai : @Hari still risky but can keep a sl of 7440 and wait for vwap
[12:34]   Porus : So 7425 should be a ref for now
[12:34]   Shai : sl of 82 on 7400 ce if shorting here though 94 is best on closing basis today
[12:35]   Uttam : thanks Shai
[12:35]   Shai : 97
[12:36]   Shai : Price is not confirming the weakness yet guys so shorts are higher risk here
[12:46]   Shai : positional call : Short 7400 ce at 69-70 sl of 98 tgt 45/ 26 . Hold till expiry
[12:46]   Uttam : Do we have an excess in BNF Shai? NF making new highs but BNF not doing so
[12:47]   Shai : no excess in both
[12:47]   Uttam : ok Shai
[12:48]   Sandip : uttam wats excee?
[12:48]   Sandip : excess?
[12:48]   Shai : vix below 19.1 can drop to 18.2 by close today and we are shorting the excess premium in that call with 3 days left
[12:49]   Shai : even if price closes here – that 7400 ce should reward by close and add monday to gains
[12:49]   Uttam : small one 15580-607
[12:49]   Sandip : i mean what does it mean in market profile?
[12:49]   Sandip : overloading of buyers/sellers?
[12:52]   Augustin : @Shai – Can buy again on a dip to vwap?
[12:52]   RK : what’s dVAL?
[12:52]   Uttam : excess means entry of aggresive buyers or sellers
[12:53]   Tejpreet : dval 7374
[12:53]   RK : thanks Tej..that’s below vwap.
[12:53]   Sandip : ok thx uttam
[12:54]   Shai : Can Augustin but waiting to see if greens are coming at vwap – don’t enter in system longs
[12:55]   Uttam : vwap is still a long way down feels like 😉
[12:55]   Augustin : Ok
[12:55]   Augustin : 🙂
[13:00]   Tejpreet : KRA /VWAP /DVAL all in in the range 75-85.
[13:01]   Tejpreet : including IBH
[13:11]   Hari : Shai, sellers piling on at the top?
[13:11]   Shai : yes
[13:12]   Shai : NF has dropped only 18 points from open
[13:13]   Shai : BNF is getting a bit weaker here
[13:13]   Augustin : How to find whether they are sellers or longs getting closed?
[13:16]   RK : 7424 getting constant supply
[13:17]   Sandip : looks like small amount of lings booking profit at 7420 -7425
[13:17]   RK : to conquer them, better go down get some company and try again..
[13:17]   Sandip : longs*
[13:19]   Sandip : a big amount of OI decreased at 7420 a few mins back
[13:27]   Augustin : @Shai – chances of NF and BNF closing at day’s high there?
[13:30]   Shai : yes per structure if abv vwap we should end at day’s highs
[13:30]   Shai : but have to be cautiious as it is friday and inventory day
[13:31]   Augustin : Ok
[13:32]   Sandip : Shai net inventory is short right?
[13:32]   Sameer : What is net inventory
[13:32]   Sandip : i mean net people are short for the series or not?
[13:33]   r m : net will always be zero, categorywise people can be short or long
[13:34]   Sameer : are not sellers dominating?
[13:34]   r m : yes
[13:35]   r m : inventory shift for index future since 1st JAN http://vtrender.com/wp-content/uploads/2016/01/oishift14.png
[13:37]   Uttam : another big seller almost 1L
[13:38]   r m : So far all the selling is getting absorbed
[13:39]   Shai : Intra day : Buy BNF 15540-15550 sl 15470 tgt 15670/ 15720
[13:45]   Sameer : shorted by buying few PUTs@7300
[13:45]   Sameer : with SL 7455
[13:46]   Sameer : just 1 lot 🙂
[13:46]   r m : 🙂
[13:47]   Sameer : if mkt falls, vtrender ka fees ka kharcha nikal jayega
[13:51]   Chandramouli : Me in with you Sameer, but Feb puts
[13:52]   Uttam : bnf SL
[13:53]   Sandeep : BNF sl
[13:53]   Janak : sl 470 hit
[13:54]   Janak : anyone who actively trades nifty future here? intra
[13:54]   Sameer : how we should interpret this red delta…it is useful ?
[13:55]   Shai : bnf STOPPED – EXIT
[13:55]   Uttam : Shai we are having a p type day so far?
[13:56]   Shai : yes P profile
[13:57]   Uttam : getting sup just abv VWAP & going up now 🙁
[14:05]   Augustin : @Shai – can short close to 7440 NF with 10 pts SL if we get?
[14:06]   Janak : augustin i will be with u but shai has given 7468 as tgt
[14:07]   Janak : earlier
[14:07]   Janak : and even if he plays safe and gives exit – his levels do come on screen once 🙁
[14:07]   Augustin : hmm yeah.. I was thinking if we would close somwhere near 7413 to get a weekly doji
[14:07]   Sameer : but shai was talking of some levels around 7430-7440?
[14:07]   Augustin : yeah.. true 🙂
[14:08]   Janak : problme is NF is having such a momentum today that it can do another 50 more easily than 50 down
[14:08]   Janak : but yeah a 50 pointer down on friday afternoon is on – but where to enter?
[14:08]   Jitender : dii must hv pumped in 1000+
[14:09]   Augustin : yeah. will be a high risk one.. thats why thought looking for 10 pt SL 🙂
[14:11]   Augustin : looks like, better to look for a long with 10pt SL 🙂
[14:11]   Janak : augustin r u a regular in scalping 10-15 in nf?
[14:11]   Augustin : not very regular
[14:12]   Augustin : trying to do that, off late than waitinf for 50 pts.. am very impatient
[14:12]   Janak : then u have a friend here 🙂
[14:13]   Augustin : 🙂 ha ha.. Would be content if i can catch 3 10pts trade each day.. 🙂
[14:13]   Janak : kris is the master of this 10-pts club but he is like an eid-ka-chaand –
[14:13]   Augustin : 🙂 yeah
[14:14]   Shai : 7440 that old hvn is the ref area for this intra move up- price got atracted to it but trend did not support a big short on intra
[14:14]   Janak : whats ur e-id augustin – can we connect? r u on google hangout or yahoo also? lets talk abt strategies using shai’s charts and how to scalp 10 pts atleast thrice a day in NF
[14:15]   Shai : chose to go with 7400 ce short where 76 was a good res-
[14:15]   Janak : 🙂
[14:15]   Augustin : [email protected]
[14:15]   Augustin : Sure. I will ahve more to learn from you than to offer.. 🙂
[14:15]   RK : BNF holding 15450-25 can bounce back
[14:15]   Shai : yes holding vwap here
[14:17]   Janak : i am rm’s friend and will teach u what i have learnt from him 🙂
[14:17]   Sandip : 3 rd time vwap defended in the day
[14:17]   Janak : shai that ce sell is perfect
[14:17]   Augustin : 🙂 That would be awesome..
[14:18]   Janak : oh sorry shai – 7400ce is still on?
[14:19]   Janak : it did 74 to 55 once
[14:19]   Janak : but now can run up to 98 the sl
[14:19]   Tejpreet : BN gives 50 from vwap !
[14:19]   RK : 450-535 out
[14:20]   Uttam : nice one RK
[14:20]   Shai : nice
[14:20]   Uttam : no re-entry in bnf Shai?
[14:20]   Tejpreet : great RK you also scalp 🙂
[14:20]   Janak : tej u rock!
[14:20]   Uttam : 85 points is not scalping 😉
[14:20]   RK : 85 honestly I dont think sclap 🙂
[14:20]   Augustin : LOL
[14:20]   Uttam : exactly
[14:20]   RK : Uttam 🙂
[14:20]   r m : for RK it is like a scalp 🙂
[14:21]   Shai : oh RK is a legend, he can do everything
[14:21]   Augustin : for someone who is used to do 1000 pts in positional 😉
[14:21]   RK : Shai you too with RM 🙂
[14:21]   Tejpreet : see scalp has 2 meanings one is points and the other is time any profit trade in less than 5 min is a scalp !
[14:21]   r m : @RK 🙂
[14:22]   Janak : RK if u dont like all those heavy adjectives – u can always pass on to me ; i
[14:22]   RK : Tej agree..missed entry in NF today morning..so just a consolation trade by adding and making quick exit BNF..thats it 🙂
[14:22]   Tejpreet : Janak real rockstar toh aap hain.
[14:22]   RK : Janak you are anyway heavy in trades, thoughts etc 🙂
[14:22]   Sandip : day high it is….:)
[14:24]   Janak : RK/Tej – wud like to connect with u guys on gmail/ym if it is ok – my id is [email protected] – scalpers-club need to have an adda 🙂
[14:25]   Janak : anyone is free to write to me pl
[14:25]   RK : Janak me not a agressive type and certainly wont jel with you and Tej for trades :)..
[14:26]   Janak : i m also trying pursuade shai to have a scalper-point-alerts here at the HVNs – but shai is very adamant – so thinking of involving yellen and rm to assert some weight 🙂
[14:27]   Jitender : u forgot trupm, janak:-)
[14:27]   Jitender : trump
[14:28]   Janak : lol
[14:28]   Janak : but seriously we can have HVNs here highlighted – sure points for a scalp
[14:28]   Janak : for eg= 7425-35 has given 4 scalps so far ranging 15-30 pts
[14:29]   RK : BNF getting aligned with NF now
[14:32]   Shai : @Janak between all of you if you start a brokerage also , am sure it will be the richest in India 🙂
[14:32]   Jitender : touche
[14:32]   Augustin : 🙂 Shai
[14:33]   Tejpreet : haha Shai .
[14:33]   RK : Shai let’s start vtrender broking house then
[14:33]   r m : @Janak, splendid idea by Shai, start a brokerage and encourage people to scalp 🙂
[14:33]   Shai : 🙂
[14:33]   Tejpreet : But taht brokerage must allow one to hide orders in option via disclosed quantity 😉
[14:34]   Janak : ha ha ha
[14:34]   Janak : how about i buy VT? ;
[14:34]   RK : ok crazy Friday last hour now
[14:34]   Shai : some greens – last hour
[14:34]   RK : 🙂
[14:34]   Janak : shai i offer xxxM$ + stock options – a buy out :-
[14:34]   Augustin : On a serious note, thats (Brokerage House) an excellent idea. You will get investors/ IT partners easily from here 😉
[14:34]   Augustin : LOL
[14:35]   Janak : NF running away
[14:35]   Tejpreet : Shai your take of 1 machine controlling markets proved again …we spike and whole europe also spikes 😉
[14:35]   r m : the moment NF goes up, huge qty of reds jump in and then fight for next one hour 🙂
[14:35]   Shai : NF making new highs but yet again the original boy of the run- BNF is lagging
[14:35]   Uttam : yep
[14:36]   Janak : shai bnf jumpled fro 730 to 330 in 6 hours yday then again tom 15025 at 2.30 pm and today upto 600
[14:36]   Janak : it has done its run man
[14:36]   Shai : I think same thing happened on 19
[14:36]   Janak : yday 2.30 pm at 15025
[14:38]   Augustin : entered 7414 and got out 7437 🙂
[14:38]   Janak : nikkei 941 up!
[14:47]   Shai : 7300 pe- the reds are coming thick and fast
[14:47]   Shai : choice of the writers
[14:48]   Augustin : @Shai – Can we consider that a short term bottom has been made?
[14:49]   Shai : for this expiry maybe – but I think one more probe down is still there
[14:49]   Augustin : ok
[14:50]   Janak : cud be a gap up monday and after 11 am – selling?
[14:55]   Janak : crude yday day low – 1910 – now at 2106!
[14:56]   Shai : NF abv 7440 can move to 7468 in last few mins
[14:58]   Uttam : we could have a spike close?
[15:02]   Shai : does not look like it
[15:02]   Uttam : Shai in the full day OF we hadrly have any greens from 7360 to top & reds there at top plus @ 7410-00 levels too?
[15:03]   Shai : looks like clsoing near the vpoc again
[15:03]   Uttam : 7437?
[15:03]   Shai : yes
[15:03]   Uttam : so if today is a p profile day, monday above p high would be new longs?
[15:04]   Shai : selelrs have to act on Monday morning earlly at open else bulls will get stronger abv 7460 roughly
[15:04]   Uttam : hmmm ok Shai
[15:05]   Shai : 18.86
[15:05]   Uttam : so less chance of seeing 7441+ today now, almost over
[15:06]   Shai : yes
[15:06]   Sandip : @rm what is 2IB? second initial balance?? from what time is it conunted 10:15 till?
[15:06]   Uttam : the 7400ce already losing premium? still @ 69 levels
[15:07]   r m : 2 IB is double the initial hour range
[15:07]   r m : 9:15 to 10:15 IB
[15:07]   Sandip : so 47+47 in this case?
[15:08]   r m : yes
[15:09]   Janak : a gap up above 7500 can also happen?
[15:10]   Janak : US mkt may close up 2-3%
[15:11]   RK : Janak wants all CE writes of this fall to go nuts 🙂
[15:11]   Uttam : 🙂
[15:13]   Varun : shai good we ddint spike in afternoon
[15:13]   Varun : as for bullish pov ?
[15:13]   RK : close this at VWAP now..so Monday gap up wont affect much..max we can go upto 7465 on the gap and then decide there
[15:15]   RK : we had one spike around 7495…after the fall that spike didnt get a touch If am right
[15:16]   Varun : will confirm
[15:16]   Varun : cant remember 7495 from nf is wht 15450 ws for bnf
[15:17]   RK : thats correct
[15:17]   RK : many stocks running 5% + to rip the writers
[15:18]   RK : all large caps
[15:18]   Shai : 7495 is the spike of last friday
[15:18]   Shai : equivalent to 15550 BNF
[15:18]   RK : yes just checking
[15:18]   r m : MO at -36
[15:18]   RK : I think 450 Shai
[15:18]   Shai : 15450**
[15:18]   Shai : yes
[15:18]   RK : Wow! RM you made it 🙂
[15:19]   Shai : Can’t be bullish Varun yet
[15:19]   Varun : open abv todays high for new business, rest all ce shorters will help you
[15:19]   Shai : 1) we are closing below/ at composite poc 2) we have created value below spike all week
[15:20]   RK : -100 anytime MO, sell your house and take contra ..you may need to sleep on the street for couple of days but in 2-3 days you will get a fortune..right RM ? 🙂
[15:20]   Varun : this time mo foxed many
[15:20]   Varun : extreme conditions
[15:20]   Varun : mostrats playing at 60/80
[15:20]   Uttam : tisco & tamo
[15:20]   r m : lol, one should not try sleeping in streets here in north, temp 10 degree celcius 🙂
[15:20]   Shai : RM what was MO last friday?
[15:21]   RK : true Varun..only regret is quitting some posns.but I think many took contra
[15:21]   RK : posns
[15:21]   Varun : this happens once on a year
[15:21]   Varun : so if u get a winner 7/10 and too multi x in options
[15:21]   Varun : not bad play mo
[15:22]   RK : yes..options are good than fut for MO play
[15:22]   Varun : at 7900 i think mo was 60/70
[15:22]   Varun : i had put options
[15:22]   r m : @Shai, MO was at -108 last friday
[15:22]   RK : start building posn from 60 and stop building at 100
[15:22]   Varun : 25 did 300
[15:22]   RK : in options
[15:22]   Varun : i booked at 150
[15:22]   Varun : but u dnt get 6x
[15:22]   RK : cool
[15:22]   Varun : even if looses 1 x once
[15:23]   Varun : mo shld be playd with option sof val of 40/5 rs
[15:23]   Varun : as pure lottery
[15:23]   Shai : thanks RM
[15:23]   Varun : my 7700 on reverse ce is 2 rs
[15:23]   Varun : bought at 48
[15:23]   Varun : lets see if i get a 20 to cut some loss
[15:24]   Shai : this time MO has not made money
[15:24]   RK : ok
[15:24]   Varun : ya one of rarest shai
[15:24]   Varun : but fine
[15:24]   Varun : cos oversold became more oversol
[15:24]   Varun : and world ws panicking
[15:25]   Varun : beautifull trend day
[15:25]   Varun : respecting everything
[15:26]   Varun : shai this buyer 192 at 7360 holds key for sometime now
[15:26]   Varun : he did the bo
[15:26]   Tejpreet : So we finally get weekly close above 7400 .
[15:27]   RK : and close exactl at POC
[15:28]   Janak : varun 7700ce will become 20? in expiry week?
[15:28]   Janak : nifty has to gap up 150 pts to see that
[15:29]   Sandip : rm why is delata bar area in white shade?
[15:29]   Varun : who knows
[15:29]   Varun : if we see 7600 on moday
[15:29]   Varun : monday
[15:29]   Varun : i have lost my capital as of today
[15:29]   Sandip : @rm?
[15:30]   Varun : so lets see if i recover 50 %
[15:30]   Jitender : bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Varun : in ce
[15:30]   r m : Thanks and bye guys, have a great weekend 🙂
[15:30]   Shai : 7436
[15:30]   Shai : Bye all
[15:30]   Uttam : you lost in CE Varun?
[15:30]   Ashish : Thnks and bye all
[15:30]   Shai : Have a nice weekend
[15:30]   Shanmugasubramanian : bye all
[15:30]   Porus : bye all
[15:30]   Augustin : Bye all
[15:30]   Arvind : Bye all
[15:30]   Chandramouli : Bye all
[15:30]   Uttam : Shai in the last 5 min bar there are huge vols, weekend effect?
[15:30]   Sandip : bye alll good learning week …nice bye
[15:30]   Uttam : normal to get huge numbers on Friday?
[15:31]   Sandip : before expiry yes uttam
[15:31]   Uttam : thanks Sandip
[15:32]   Sandip : np happy weekend by

[09:24]   Gaurav : Shai can short Glenmark intra?
[09:28]   Shai : genmark 761 res but supp may come at 717
[09:30]   Gaurav : Thanks Shai
[09:31]   Tejpreet : Shai views on VEDL and HINDALCO for intraday.
[09:31]   Sandesh : Shai.. holding 16000 avg 778. whats ur advise on glenmark?
[09:36]   Shai : bedl has been inside- can’t see a big edge intra day till either 61 or 64 goes and it trends
[09:36]   Shai : vedl
[09:38]   Shai : hindalco good open abv 69.3 with a sl of 68 the obj is 71.1
[09:40]   Shai : glenmark should find support in the 690 region on any leg lower- but weakness continues till it does not manage a close abv 805 roughly on weekly
[09:41]   Tejpreet : Thanks Shai.
[09:41]   Sandesh : thanks
[10:11]   R Goel : shai views on ttm and tata steel
[10:16]   Sandesh : VEDL above 64! any advise?
[10:19]   Shai : TTM looking good abv 330 now can hit 342/ 251 in 1-2 sessions
[10:20]   Shai : tatasteel with sl of 237 can see 245
[10:25]   R Goel : thanks shai
[10:30]   Ashish : Shai, view on Reliance please?
[10:40]   Shai : RIL I had 974 as supp on my chart – positional will keep 974 as supp – today has to move abv 1008 for strength- exiting longs will keep sl at 996
[10:41]   Ashish : Thanks Shai
[11:26]   Hari : @shai, you mentioned about recommending few stocks to trade in the new year, pls let me know when you are planning
[11:34]   Tejpreet : .ttm does 342 330 call from 12.2 to 17.4
[11:35]   Uttam : super Tej
[11:36]   Tejpreet : Thanks , I think RG alerted about it.
[11:42]   Sandesh : Shai, 7300 Pe Jan buying at10 (if comes today), gonna be a jackpot trade? Planning a big qty! Please advise!
[11:45]   Shai : 7300 pe below 28 will get written heavily tgt 12 and 0
[11:46]   Sandesh : thank you! not gonna touch then!
[12:01]   Shai : the other way of reading it – is that even if it becomes a buy anytime before expiry should not go above 28
[12:05]   Sandesh : So the worst case closing could be 7272!?
[12:06]   RK : Shai how is Asian looking..looks like seller still holding
[12:12]   Shai : asian looking good intra may even attmpt to test that old seller at 868- has a decent build up of lomgs near 858 today
[12:13]   Shai : vedl went up 6.5%- what was the buzz Tejpreet?
[12:14]   RK : thanks
[12:14]   Viral : shai, tatasteel above 245, any levels?
[12:15]   Tejpreet : nothing Shai …as tracking it for last 2 days …..yesterday closing did see some greens in the OF and was top gainer in morning , hence asked you for levels Got a ruppee in 65 call 2 lots 🙂
[12:15]   Shai : tata steel next trigger is abv 249 with sl of 244 for 262/ 272 next week
[12:15]   Viral : thanks
[12:16]   Shai : wonderful-
[12:18]   Tejpreet : 3:15 to 3;30 is the time to see the OF of stocks closing at lows if greens are there and it opens higher next day …pick up some ITM options .
[12:18]   Shai : true
[12:20]   Ashish : Tej, which software are you using for OF?
[12:20]   Tejpreet : market balance along with truedata
[12:23]   Ashish : ok, thanks Tej
[12:25]   r m : @Tej, MB giving worthwhile delta for stocks?
[12:26]   r m : my experience with NF was not too good
[12:26]   Tejpreet : data provided by TD is nothing compared to esignal but it does show lots of green / red to atleast indicate if buyers or sellers ar dominating 🙂
[12:27]   Tejpreet : I checked with Shai difference is there but critical price levels are similar .
[12:28]   RK : Tej what’s the tariff for MB?
[12:29]   r m : ok, that is good enough 🙂
[12:31]   r m : @RK, directly from fin-alg it is USD50 per month or USD250 one time for life time license
[12:31]   RK : that’s good..
[12:32]   Tejpreet : http://www.truedata.in/information/pricing
[12:34]   r m : (*** Private to RK ) are you planning to use MB?
[12:42]   RK : thanks Tej
[12:44]   Uttam : Do we have an excess in BNF Shai? NF making new highs but BNF not doing so
[14:16]   Tejpreet : ITC numbers are out ?
[14:24]   Arvind : Shai anu udate on Glenmark,holding shorts
[14:24]   Arvind : any
[14:41]   Porus : Do we have ITC levels here already?
[14:43]   Shai : Glenamark weak today was xpected to be RB 717- 760 roughly – short term weakness is sthhere below 790
[14:44]   Shai : ITC has buyers at the lows today but 316 is still a supply zone
[14:45]   Shai : if it goes abv 316 then expect 341
[14:45]   Porus : and below?
[14:48]   Shai : 302 holding for now but 283/288 good supp below
[14:48]   Tejpreet : Shai views on HUL , positional.
[14:50]   Shai : hul probe down continues ; 737/715 is the positional supp
[14:51]   Tejpreet : Thanks Shai.
[14:51]   Arvind : Thnks Shai