General Chat Transcript
Date and Time: June 23, 2015 09:23:27
[08:54] r m : Good Morning folks!
[08:54] Srini A : Hi RM, GM
[08:54] Ashish : GM guys
[08:54] r m : Hi Srini
[08:54] Porus : GM RM and all
[08:54] r m : Hi Porus
[08:54] r m : http://vtrender.com/levels-and-plan-for-23rd-june/
[08:54] r m : http://vtrender.com/premium/orderflow-charts-and-notes-220615/
[08:54] r m : http://vtrender.com/option-values-dt-220615/
[08:55] r m : Nifty JUN Future levels | Key Reference Area 8370 | Hypo1 above 8370➜8396➜8439 SL 8339 | Hypo2 below 8313➜8270 SL 8351
[08:55] r m : Banknifty JUN Future levels | KRA 18400 | Hypo1 above 18400➜18502➜18666 SL 18320 | Hypo2 below 18180➜18023 SL 18265
[09:00] Manoj : gm rm
[09:00] Manoj : rm shai
[09:01] r m : Hi Manoj
[09:01] Manoj : gm all
[09:02] Shai : GM all
[09:03] Dharamveer : Gm all
[09:03] Kathir : GM Shai RM all friends
[09:03] Venkatesan : gm shai, rm and friends
[09:05] r m : Hi Kathir, Venkatesan
[09:07] Vikkas C : GM all
[09:07] Shai : Added FP on the extreme right is the july series for both NF and BNF to track change
[09:07] Tejpreet : GM All.
[09:07] Sumit : GM everyone
[09:08] Shai : Please measure volumes against the July charts for the rest of the series
[09:09] Venkatesan : hi shai i learnt form you that long build up around 8258 level, can it be considered stop for positional ?july series
[09:09] Venkatesan : buy july
[09:09] Shai : Yes
[09:09] Venkatesan : thank you
[09:09] Shai : Buy safer to buy a dip now than these prices
[09:09] Venkatesan : ok
[09:10] Shai : MO is saying risk reward not good for new purchases at this level or adds
[09:10] Moses : GM All
[09:10] Venkatesan : ok thank u
[09:10] Manoj : on the back of news can we buy sbin on open if yes thn wht lvls to follow
[09:11] Soumya : Shai is there any link where we can read about MO?
[09:11] Tejpreet : Guys chk this out about MP on various platforms along with options and cost http://www.marketcalls.in/softwares/how-to-get-market-profile-and-footprint-profile-charts.html
[09:16] Shai : nice 1
[09:16] John : GM all
[09:16] Kathir : @Tej thanks
[09:16] Shai : Kept KRA at 8370 just abv vAH
[09:16] Manoj : Tejpreet its awesome
[09:17] Shai : Nifty has been going abv range highs for 4 sessions – so let’s see if it manages today also
[09:17] Tejpreet : Rajendran is doing a grest show by running marketcalls.
[09:17] Ashish : Good one Tej
[09:17] r m : Open in range, seems a bit weak at open?
[09:18] Tejpreet : Looks like RM has the winner Ninjatrader is the best 🙂
[09:18] r m : @TP, cheap and best but data is a big issue, truedata is also not working out
[09:19] Varun : ystrday poc ?
[09:19] Soumya : shai – should i hold upl for 563 target?
[09:19] Venkatesan : 8352 vraun
[09:19] Venkatesan : gm varuan
[09:19] Varun : gm
[09:20] Varun : shai should we watch vwap ?
[09:20] Shai : Sellers at the Open in NF
[09:20] Varun : of ystrday
[09:20] Varun : ?
[09:20] Shai : yes 8320 yvwap
[09:21] Sharad : GM all
[09:22] Shai : UPL intra res at 558 today’
[09:22] Shai : buy can do 563 in a session or 2
[09:22] Sreedhar : Good morning all..
[09:22] Soumya : thank you brother
[09:22] r m : @Shai, what is the next level in bn spot above 18260 res? is it 18500 approx?
[09:24] Shai : around 18540 RM-
[09:24] r m : Thanks Shai
[09:25] Shai : looking for the ablity of this market to stay above POC 8350 in the first session
[09:25] Shai : vwap at 8320 is support
[09:25] Shai : Momentum carries up abv 8350F
[09:26] Shai : one responsive buyer at 8334
[09:26] Dharamveer : @Shai if not what is expected
[09:26] Dharamveer : downside next support at
[09:26] Manoj : 8312 first tgt i guess
[09:26] Shai : 8313- 8320 supp
[09:26] Dharamveer : ok
[09:26] Shai : below that 8270
[09:27] Shai : It is the right time for the market to straike a balance
[09:27] Shai : so I would presume an 8320- 8370 kind of range today
[09:27] Shai : strike*
[09:29] Shai : you see in that vol of 114625 a net of 22400 + 25120 was bought aggressively at 8333 levels
[09:29] Shai : so that is a counter to the earlr morning sellers
[09:29] Shai : or sellers of open
[09:33] r m : @Shai, open is some kind of weak open drive today?
[09:33] Shai : No could be open auction – respons eseen early
[09:33] r m : ok, thanks
[09:34] Augustin : @Shai – Can buy Bank Nifty 18400 CE at cmp?
[09:34] Shai : not at cmp buy on dips
[09:35] Augustin : Ok
[09:36] Shai : ok buy small qty here and add abv 18400 F
[09:38] Dharamveer : @shai where is the next major resistance
[09:38] Augustin : Ok. Tks
[09:39] Shai : 8396 F
[09:39] Manoj : can we buy nf ???
[09:41] Shai : Buy BNF 18410- 18420 sl of 18370 tgt 18502
[09:42] Shai : Yes BUy NF for 8396 sl of vwap 8351
[09:42] Shai : Keep BNF at 18410- 18420 limiy
[09:42] Shai : limit*
[09:43] Kathir : @manoj whats your gmail ID?
[09:44] Manoj : [email protected]
[09:44] Tejpreet : Heromoto a freak trade futures show high at 2720 now trading at 2561
[09:44] Kathir : ok [email protected]
[09:45] RK : GM Shai,RM and all
[09:45] Manoj : Y giving & taking email ids Kathir ???
[09:46] RK : Tej marker?! 🙂
[09:46] Venkatesan : googk joke @manoj
[09:46] Vivek K : shai 8370 seller at top of your presumed range
[09:47] Tejpreet : Marker means ?
[09:47] Shai : Not yet strong Vivek
[09:48] RK : in near term prices would be attracted towards that is what our RM says 🙂
[09:48] Shai : Now seeing stronger buyers abv 8350F
[09:48] RK : but anyhow, above 2590 PDH it would run up is my observation 🙂
[09:48] r m : @RK lol
[09:49] Tejpreet : OK…Thanks for the info.
[09:49] Augustin : @Shai – 8400 CE at 32 for 8400 NF?
[09:49] Shai : ok sl below 8347
[09:49] RK : anybody remember the 17990 marker at open on Friday in BNF 🙂
[09:50] Augustin : Tks
[09:50] Vikkas C : I DO..rk
[09:50] Vikkas C : had even asked abt it here
[09:51] Manoj : 18420 maal aa gaya
[09:52] RK : we opened around 17650 and that marker seemed odd then which came true .but this is just a raw observation 🙂
[09:53] Shai : BNF longs in
[09:53] Vikkas C : yup
[09:53] RK : Shai Asian can push above 753?
[09:55] Kathir : @Manoj sent msg to email ID
[09:56] Kathir : Sl 18370 for bnf intra longs ?
[09:57] Manoj : yes
[09:57] Ashish : Shai, siemens upside targets please?
[09:58] Shai : strng responsive buying in asian from lows – if it does push abv 754 wil get 762 in no time
[09:59] Venkatesan : kathir and manoj running some parellel room
[09:59] Ashish : lol Venkat 🙂
[09:59] Venkatesan : :))
[09:59] Kathir : lol venk
[10:00] Manoj : venkat bhai nothing such that
[10:00] Shai : siemens 1406 res
[10:00] Venkatesan : :)) @manoj
[10:00] Shai : 1425 obj if crossed
[10:00] Ashish : Thanks Shai..
[10:01] Manoj : maha guru yaha hain main kaha apni paathshala kholunga
[10:01] Varun : shai spent good time above range nf ?
[10:01] Varun : or nt conclusive ?
[10:01] RK : got it..thanks
[10:01] Shai : not
[10:01] Shai : Exot the NF longs at cost here. WE will stay with BNF only
[10:02] Shai : Varun just at pdh
[10:02] Varun : so nt doing good job, even after being in inbalance zone
[10:02] Shai : may dip to vwap in NF to test tat buyer again
[10:03] Shai : It’s time for NF to balance tday or tom
[10:03] Shai : just have to see which range it chooses
[10:03] Varun : a balance here gives a nice short on break of val ?
[10:03] Shai : pre open I though 8320- 8370
[10:03] Shai : Yes on break of val
[10:04] Shai : be back in a few mins..
[10:07] Tejpreet : Shai is tcs a short now.
[10:13] Vikkas C : SHAI hows TECHM for longs at CMP
[10:17] Manoj : what will be the extended tgt on bank nifty after 18503
[10:17] Vikkas C : @RK did u buy heromoto ?
[10:20] RK : Vikkas I booked longs on the break of 2570..will buy above 2590 again..longs were from 2510
[10:21] r m : yep
[10:21] Vikkas C : ok..
[10:22] Shai : Part book BNF 18470 raise sl to 18410 on bal
[10:23] RK : Shai ACC ORR type today?..gone long..can you pls advise next obj..am looking for 1460-75
[10:24] Sreedhar : NF resistance Shai?
[10:24] Shai : Manoj 18666 but may not come intra
[10:24] Shai : and only if good vols show abv 18500
[10:24] Manoj : shai only 18420 long triggred and nt 18410
[10:25] Manoj : thanks
[10:26] Shai : Tejpreet ON TCS I’m more comfotable shorting below 2773 with sl of 2588 tgt 2425
[10:26] Shai : not here
[10:27] Shai : techm is coiled up nicely for a 20- 40 point breakout move
[10:27] Shai : keep it on radar
[10:28] Shai : should begin to move abvv 556 on 30 min close
[10:28] Shai : add is abv 562 1st tgt 581
[10:29] Shai : Sreedhar 8395
[10:29] Sreedhar : Thanks Shai.. buy above that?
[10:31] Vikkas C : OK THANX SHAI
[10:31] Shai : acc 1444 res can do 1468 this week if crossed
[10:32] Shai : good to buy intra day dips to 1434
[10:32] Shai : Yes can buy abv that now and sl of 8370
[10:33] RK : great..thanks Shai
[10:33] Shai : @Manoj fr future ref 18410- 18420 was a zone to keep a SL market – Limit order to ensure fills
[10:34] Shai : slightly different from the 2 range buys we do other wise in BNF
[10:34] Shai : that range will be apart by 30- 40 points
[10:34] Manoj : thanks shai
[10:35] Shai : also will mention 50% qty as and when I see that risk reward not favorable
[10:35] Shai : just clarifications all above-
[10:36] Manoj : can we enter nf long with 8370 sl now Shai ??
[10:36] Shai : buy abv 8397 sl of 8367 tgt 8439 on day
[10:37] Manoj : ok
[10:42] Augustin : @Shai – 8400 CE again above day’s high?
[10:51] Sreedhar : Shai, 8286 and 8298 marked in yestrdy MP coz single prints?
[10:51] Kathir : nf vwap?
[10:52] Chetan : more sellers in bnf?sl 18410?
[10:53] Varun : 8375, 8366 imp ref points here on
[10:53] Varun : we rejected from sinlges of 2nd june
[10:54] Manoj : bnf tsl hit 18410
[10:55] Varun : shai if we break vwap, can this be drive rejection ?
[10:57] Venkatesan : 8368 kathir
[10:57] Manoj : varun bhai as per my system if nifty spot trades below 8346 8293 is tgt & if DH taken thn see more upside
[10:59] Varun : cool
[10:59] Manoj : i went long @ 8378 sl of 8360 on nifty fut
[10:59] Varun : rite now supoort taken from day range high
[10:59] Varun : lets see
[11:00] Varun : if we establish vlaue above 8375, more steam left fro upsdie
[11:00] Manoj : 8440 is what i am eying
[11:00] Varun : full of typos cos position on hand 😉
[11:02] r m : 🙂
[11:04] John : @rm, can u pls let me know how to view profile charts for particular day?Thanks
[11:04] John : in vtrender site
[11:05] Tejpreet : Thanks Shai for tcs …was away.
[11:05] Varun : john change the date in the header
[11:05] Ashish : BNF below PDh
[11:05] John : ok Varun,Thanks!
[11:05] Ashish : 1st signs of nearishness? anyone
[11:06] Ashish : bearishness*
[11:06] Varun : we moving from imbalance to balance
[11:06] Varun : and this is wht i feel ,not read any where
[11:06] Varun : where best in balance than vwap
[11:06] Varun : so get ready for wvap
[11:06] Varun : disclaimer : i think like tht
[11:06] Varun : not read anywhere
[11:06] Ashish : ouch……BNF
[11:07] Ashish : Guess I was short in BNF
[11:07] Varun : so vwap of the balance u r in
[11:07] Ashish : 18332 POC is the level to watch
[11:08] Ashish : tukka trade doing so I am talking like an expert 😉
[11:09] Tejpreet : Shai is it below 253 with sl of2588 tgt 2525 .(10:26) Shai :Tejpreet ON TCS I’m more comfotable shorting below 2773 with sl of 2588 tgt 2425
[11:09] Tejpreet : 2573
[11:09] Ashish : Done
[11:09] Ashish : VAL is in sight in BNF…
[11:11] Vikkas C : is NF a short here
[11:11] Manoj : varun bhai & others i m nt running any parallel room
[11:12] Suyash : aggressive buyer at 8360 ?
[11:13] Manoj : i m myself under heavy pressure of losses & wrong trading manner hence here so that i can earn while i refine my system
[11:13] Ashish : I think we should look for buyers close to bottom of 5 minute candle.
[11:14] Varun : relax manoj
[11:14] Varun : everyone has little leg pulling here
[11:14] Ashish : Everyone is like you Manoj except Shai, Varun, Rk and Sharma saahab.
[11:15] Sreedhar : Dil pe mat le yaar.. Manoj..
[11:15] Suyash : varun what does the 89650 at 8360 on the FP chart?
[11:15] Suyash : does that signify buyers?
[11:15] Varun : yes thts abuyer
[11:15] Suyash : ok thanks
[11:15] Varun : but lot of other things to be taken into consideration
[11:16] r m : @Ashish, Sharma sahab is expert in triggerng stops 😀
[11:16] Varun : u mean trailing stops
[11:16] Varun : i wont mind that
[11:16] Sreedhar : Varun that lucky number 13 wala today green?
[11:16] Varun : 😉
[11:16] Varun : if tht buyer can push price outside vah, then its worth watching
[11:16] Shai : not many buyers seel
[11:16] Shai : seen*
[11:17] Varun : else many coime like tht
[11:17] Shai : there were buyers early morning here when we moved up
[11:17] Varun : these drive rejections take u to day low
[11:18] Shai : this move from 11.00 am could signal pause of the uptrend from 8060 and start of a sideways move
[11:18] Ashish : @ RM, targets are more than stops triggered 🙂
[11:18] Ashish : Shai, VAL is the forst targget inn BNF
[11:19] Shai : we can also have a skipped sideways devlopment f 8320 / 8317 breaks
[11:19] Shai : Yes Ashish
[11:19] Ashish : roger that
[11:21] RK : Ashish why to include me in that elite panel..me aam aadmi 🙂
[11:22] Varun : if this would have not been a clearing week
[11:22] Varun : this 48925 seller was a trap
[11:22] Varun : so cant say as rollovers
[11:23] RK : trend day POC negotiation here..
[11:23] Varun : cos both 11.10/ 11.15 bars had sellers
[11:23] Sreedhar : 48925 at what lvl Varun
[11:23] Varun : but delta below neutral n green
[11:23] Varun : sreedhar seee 5min
[11:24] Sreedhar : ok. thanks
[11:24] RK : Varun except that 2900 in 11.05 rest all 5 min bottom has seller in big nos
[11:24] Varun : ya so selling was done in those but someone accumalated in 11.10 and 11.15 when retail joined in
[11:25] Shai : change date on right , but it is only for june : (11:04) John :@rm, can u pls let me know how to view profile charts for particular day?Thanks
[11:25] John : Thanks Shai!
[11:25] Ashish : @RK, all are aam aadmis but you guys have lot of knowledge than rest of us…
[11:25] Shai : buyer will have greens at bottom of 5 min candle like 13250 at 8345: (11:12) Suyash :aggressive buyer at 8360 ?
[11:26] Varun : but clearing week all of goes over the tops
[11:26] Shai : yes in the middle if single prints are there, are anomalies : (10:51) Sreedhar :Shai, 8286 and 8298 marked in yestrdy MP coz single prints?
[11:27] RK : Ashish knowledge needs to turning out execution..still lacking there when execution part comes in 🙂
[11:27] Suyash : Right. So we just see the buyers at the bottom and sellers at top? For example – do we consider 35275 in the middle of the same bar?
[11:27] Shai : that is imp for followup
[11:27] Varun : hahaha wht that 48925 would be feeling
[11:27] Varun : plsm come down
[11:27] Shai : more greens means more buyers joining the bandwagon
[11:27] Varun : like we feel
[11:28] Ashish : that too will come Rk very soon
[11:28] Suyash : i see. Thanks shai
[11:28] Vikkas C : so after seeingthe buying do we wait for the band to turn green and join them
[11:28] Varun : yup
[11:28] Ashish : Shai, VWAP again a seeling zzone for BNF, can add more shorts there?
[11:28] Vikkas C : ok thanx varun
[11:28] Varun : ya and cross of vwap alongside
[11:29] Varun : thts y said 3-4 things should be seen
[11:29] Vikkas C : ok ..thanx brotha
[11:29] Varun : add mp to it 66 is vah, so we go out of vah again
[11:29] Varun : its better to come 2nd than first sometime
[11:29] Vikkas C : true
[11:30] Varun : so best is to wait turn green, vwap and vah cross
[11:30] Vikkas C : got it
[11:30] Shai : In the morning we had buyers at 8333 and then adds at 8350
[11:30] Shai : now selling response has come from 8390 levels
[11:30] Shai : so two timeframe has set in
[11:30] Shai : (09:29) Shai :you see in that vol of 114625 a net of 22400 + 25120 was bought aggressively at 8333 levels
[11:31] Varun : shai it looks like we weill get a p at top
[11:31] Varun : today
[11:31] Shai : (09:48) Shai :Now seeing stronger buyers abv 8350F
[11:31] Varun : rk 😉
[11:32] Shai : Yes Ashish I would presume selling in BNF at vwap should come now
[11:33] Ashish : Thanks Shai..
[11:34] RK : Today shorts can be tried only when Shai asks to go for it or otherwise below Yvwap with strict SL..I will not short this mkt in a anticipation..
[11:34] Dharamveer : @Rm who was the other data vendor can you give his name again
[11:35] Shai : True RK after a run up dip buyers are stronger and wanting to buy dips
[11:35] RK : that’s the biggest asset I have earned after interactions with Shai..NEVER a anticipatory trades :)..and feel today is best to learn that again
[11:35] Vivek K : are those dip buyers or left out people who want to participate
[11:35] Ashish : Yes Rk, this expiry week can do lots of up and down very fast
[11:36] Varun : lol tht was a trap
[11:36] Shai : Left out Vivek
[11:36] RK : bears cannot trap bulls in a down move often..but bulls can trap bears in upmove quite often..
[11:37] Tejpreet : (11:35) RK :that’s the biggest asset I have earned after interactions with Shai..NEVER a anticipatory trades :)..and feel today is best to learn that again @ RK golden words …coz I generally do anticipatory trades 🙂
[11:37] RK : logic is bears have greed and bulls have fear 🙂
[11:38] Srini A : Wonderful logic RK 🙂
[11:38] Shai : BNF stopped 18480
[11:38] Vivek K : bulls are gentler as they are vegetarians 🙂
[11:38] RK : Tej tonnes of money lost only in anticipatory trades..more than loss of money that guilt will paralyse us for some time only to miss next good big trade 🙂
[11:38] Shai : 18505 was that anomaly
[11:38] Shai : could have finished with that
[11:39] Dharamveer : Dalton says eve if you lose money dont lose your emotional capital
[11:39] Tejpreet : True RK.
[11:40] Ashish : Yes, RK once i smoked 5 cigarettes contiuously after doing some really bad traddes
[11:40] RK : feel good factor is always there in confirmation trades whether we pocket profit or lose..
[11:40] RK : Ashish I never had more than 3 at a shot 🙂
[11:40] Venkatesan : nice @ rk
[11:40] RK : that too in 2011 🙂
[11:41] Venkatesan : ashsh my case 5 KF
[11:41] Ashish : I was in olland that time… so went out and got some weed to relax myself… last year nov.
[11:41] RK : Venkat I spit my tea :))
[11:41] Ashish : holland*
[11:42] Vivek K : ashiash ITC has been underperforming since then.
[11:42] Ashish : lol vivek:)
[11:42] Vivek K : they miss ur habits i guess
[11:42] Ashish : no man quit smoking after my bypaas surgery in jan. this yyear
[11:42] Sreedhar : Eating SL mode?
[11:43] Ashish : that too in 31 years only
[11:43] Sreedhar : oh..
[11:43] RK : oh Ashish 🙁
[11:44] Ashish : but still old habits die hard,, still doing bad trades… hope it will be stopped soon
[11:44] Venkatesan : my bro smoking is more dangerous than drinking ?
[11:44] Ashish : now a days eating is also dangerous, what to do…..
[11:45] Venkatesan : yah magi is xample
[11:45] Ashish : everything is injected by chemicals..
[11:47] Sreedhar : Even that chemicals are injected by some more chemicals..: (
[11:47] Sreedhar : *some other
[11:48] Manoj : eat good foor and follow shai’s advise in trading and also do learn from him baki smoking karo yaa daru piyo money will take care of nearly every thing
[11:48] Tejpreet : Air is bad food is ba medicines fake…read somewhere cancer will strike 2 out of3 ppl from current 1out of 3 by 2025..
[11:48] Manoj : like all things in life remember u control ur desire it is never harmful and if desire control u it will kill u for sure
[11:48] Manoj : my funda i life
[11:49] Ashish : good funda manoj
[11:50] Venkatesan : manoj , nice principle
[11:50] Ashish : yes, Tej.. saw so many small children with heart diseases in medanta during surgery… don’t know how next generation will cope with all this
[11:51] Venkatesan : during congestion the 5 min bar almost flat
[11:51] Manoj : thanks
[11:54] Ashish : Shai, new shorts to be added in NF below 8350/8345 levelel for 8320
[11:54] Kathir : @venk so your loss bsnefit to mallaya 🙂
[11:54] r m : go for a walk here – http://screencast.com/t/kLgo3xOhtv 🙂
[11:55] Venkatesan : true kathir
[11:55] Venkatesan : auction between maaly and venky
[11:55] r m : I am trying to replace 27 years of tar collection with good air 🙂
[11:55] Sreedhar : RM which place is this..
[11:55] Manoj : nice place
[11:55] Venkatesan : rm u mean r u a smoker/
[11:55] Ashish : Do you haave this road in dehradun
[11:55] r m : a forest near my home where I go for morning walk 🙂
[11:56] Ashish : @ RM
[11:56] Sreedhar : In pune?
[11:56] Ashish : cool RM.
[11:56] Vikkas C : SHAI anu views on infy ?
[11:56] r m : @Shreedhar, I am in dehradun
[11:56] Vikkas C : *any
[11:56] Kathir : @RM coo you are gifted sir to walk every morning
[11:56] RK : In RM’s blog there is a pic/video of rainy day..I started envying him after seeing that 🙂
[11:56] Sreedhar : Ok..cool
[11:56] Tejpreet : Lucky you RM ……we look for such places on getaways during vacations.
[11:56] r m : @Venkatesan, I was, quit in 2002
[11:57] Venkatesan : its look like OOOOty
[11:57] Sreedhar : + 1 RM..
[11:57] Venkatesan : good 2 know u qt
[11:58] r m : yes, very bad habit
[11:58] Kathir : @RK possible send a link of RM’s rain video
[11:59] Venkatesan : sitting in the middle of the tree with college friends and boozing is a great ways to vent every bad thing
[11:59] r m : @Kathir, yes, that is max enjoyment time in morning, saturday and sunday I walk for 8-10 kms
[11:59] Kathir : @venk ooty we have amazing places ..possible we will make a trip..sure not now bcoz raining heavily
[11:59] Ashish : @ Rm, i do 15-16 kms walk everyday
[11:59] r m : wow!
[11:59] Augustin : @RM where do u reside?
[11:59] r m : dehradun
[12:00] Augustin : Cool place for a walk, that snap
[12:00] Venkatesan : by bike rm?
[12:00] Manoj : rm bhai change ur handle as RM frm dehradun 😉
[12:00] r m : lol
[12:00] Venkatesan : yes kathir will try
[12:00] Shai : infy 1014 res for next few session
[12:00] Venkatesan : 8 km per day walk is best way to burn fat
[12:01] Ashish : yes venkat..
[12:01] Shai : suggest buy abv 1014 only
[12:01] Shai : 980 supp below
[12:02] Kathir : RM ashish nice to hear about walking..me 3 to 4 kms max
[12:02] Kathir : @RM ashish can reach delhi in two days walk
[12:02] r m : 🙂
[12:02] Ashish : haha kathir
[12:03] Vikkas C : GR8 THANX SHAI
[12:03] Sandeep : shai no trades here in NF ?
[12:03] Venkatesan : kathir coz of beer belly?
[12:04] r m : I have travelled delhi – ddn on mobike in good old days – 7-8 hours ride with every bone protesting at the end of journey 🙂
[12:04] RK : RM do I have your permission to post that blog link here? :))
[12:04] Shai : Buy BNF 18355 sl of 18308 tgt 18410
[12:04] r m : sure RK 🙂
[12:05] RK : here we go..to forget grinding of Nifty and to get immersed in some cool rain 🙂 http://osteoporous.blogspot.in/2009/10/rains-glorious-rains.html
[12:05] Venkatesan : rm the image you share is ur property or public ?
[12:06] r m : I own nothing in life 🙂
[12:06] r m : it is a reserved forest
[12:06] RK : some of my friends jog for 10 kms a day..I can’t even dream even riding in bike 10 kms everyday morning 🙂
[12:07] r m : lol
[12:07] Ashish : Nice veranda RM
[12:08] r m : That was my BIL’s govt accomodation 🙂
[12:08] Kathir : @venk Ii quit beer three years ago only hot 🙂
[12:08] Ashish : govt. accomodations are nice..
[12:09] RK : Shai must be wondering now Hurray! these guys trade or what? :))
[12:09] Kathir : lol
[12:09] r m : lol
[12:09] Ashish : lol
[12:10] Venkatesan : :)) yes nothing belong to us @rm
[12:10] r m : 🙂
[12:10] Kathir : @venk RM all belongs to cong leaders and ministers
[12:10] Venkatesan : :)) nice
[12:11] RK : walt to beer to politics now..better we go above 8395 or below 8320 🙂
[12:11] r m : @Kathir, Vasundhara Raje is trying to set the balance right 😀
[12:12] Kathir : 🙂 yeah
[12:13] Kathir : @RK this is like maan ki bhaat 🙂
[12:13] RK : alright 🙂
[12:14] r m : man ki baat:) Maan ki bhaat is like Rice of Pride 😀
[12:14] Ashish : lol
[12:14] Venkatesan : ahish ur are more greener than any place in india?
[12:15] Venkatesan : mean ur location
[12:15] Ashish : not greener than kerala
[12:15] Venkatesan : btw any room mate from kerela?
[12:15] Sreedhar : Venky from kerala?
[12:16] Venkatesan : no Trichy TN
[12:16] Venkatesan : Trissur is KL
[12:16] Sreedhar : ok..
[12:16] Kathir : there was one from kerala..
[12:17] Venkatesan : guess KL agaisnt capitalist
[12:17] Venkatesan : so no afinity with nifty
[12:17] r m : 🙂
[12:17] r m : all capital imported there from middle east 🙂
[12:17] Rahul B : shai should not we short in nifty as positioan short
[12:18] Venkatesan : yes true
[12:19] Rahul B : wht should be the sl
[12:20] Venkatesan : my yes @ rm
[12:22] Vikkas C : @RAHUL why do u want to short when its trading abv VAH
[12:23] Venkatesan : (11:35) RK :that’s the biggest asset I have earned after interactions with Shai..NEVER a anticipatory trades :)..and feel today is best to learn that again
[12:24] Manoj : (12:04) Shai :Buy BNF 18355 sl of 18308 tgt 18410 exit i guess as tgt hit i exit 6 pts b4
[12:38] Kathir : @RM axis yesy and today same high fut i mean
[12:39] Shai : Rahul positional short can be taken but price is not confirming it yet
[12:39] Shai : acc to profile we have to break and stay below VAL now for a short entry conf
[12:41] Shai : doing it easily : (09:25) Shai :looking for the ablity of this market to stay above POC 8350 in the first session
[12:41] Manoj : as of now we should nt B having any position in nifty & bank nifty right ???
[12:42] Sandeep : shai that bnf call done or we can try again if it comes to that level
[12:42] r m : @Kathir, Axis and Yesbank sticking to IB so far
[12:42] Shai : This done – (12:04) Shai :Buy BNF 18355 sl of 18308 tgt 18410
[12:42] Tejpreet : Shai as getting nse cash data is difficult most vendors give futures only …..using open interest instead of volumes a better option.
[12:42] Vikkas C : shai if this j period closes below the IBH and can we see it hit IBL beofre mkt closes ?
[12:43] Shai : Yes no open positions now
[12:43] Manoj : good
[12:43] Vikkas C : or shud actually wait for the vwap to be broken again ?
[12:43] Shai : there is one more trade left for the afternoon but let’s wait on that one
[12:43] r m : @Tejpreet, if using amibroker, you can try Truedata.in, they have cash, future and options
[12:43] Shai : at vwap new entries not advised in a 2 time frame environ
[12:44] Vikkas C : ok thanx shai
[12:44] Manoj : thanks shai
[12:44] Shai : Tejpreet OI is positional volume taken home
[12:44] Shai : or dropped
[12:45] Manoj : 4m 2day made a strict rule no more self trading i lost enough now its payback time for mkt
[12:45] r m : 🙂
[12:45] Manoj : so only follow RM shai and varun here
[12:45] r m : not me 🙂
[12:46] Tejpreet : Thanks Shai …RM will try truedata.
[12:46] Manoj : y
[12:46] Sreedhar : LOL rm seems to be scared..; )
[12:47] r m : @Tejpreet, it is not doing well for NT but good for ami and has everything in NSE including stock options
[12:48] r m : @Sreedhar, yes, it will be a classic case of blind leading blind 🙂
[12:48] Ashish : hahaha RM…
[12:48] Sreedhar : : )
[12:48] Tejpreet : True RM just saw there website lot of options looks interesting.
[12:49] Manoj : lol rm
[12:50] Sreedhar : now bhimsen at background..
[12:53] Vikkas C : shai ur views on tatamotors for positional
[12:53] Soumya : shai united spirits near a strong support zone
[12:53] Soumya : any videos on that?
[12:53] r m : @Soumya, looks like the got buyers in summers 😀
[12:54] Sreedhar : LOL ..
[12:55] Soumya : view
[12:55] Soumya : @ rm haha
[12:55] RK : Vikkas TTM yday intra obj done.
[12:56] RK : positional obj 454 as per Shai..
[12:56] RK : but need to check SL from Shai..may be close below 434!
[12:57] Soumya : @ rm hahahaha
[12:57] Shai : Mcdowell indeed 3264 and 3242 are good supports
[12:57] Shai : but price will show change if it pulls back and cnfirms over 3334 only
[12:58] Shai : then 3405/ 3480 posisible this week
[13:00] r m : All Shai’s stocks levels are getting saved in the above sheet
[13:01] Shai : tata motors disappointing here
[13:02] Shai : has to dip now below 435 once and possible 426
[13:02] Shai : still in 2 week range not wanting to come out yet
[13:02] Manoj : r these tamo lvls intra
[13:02] Soumya : can we do a positional buy here?
[13:02] RK : Shai Maruti up about 200 points non stop..any obj up above?
[13:02] Vikkas C : thanx shai
[13:02] RK : its above 52 wk high
[13:02] Shai : No tamo weekly levels
[13:03] Shai : 426 can come once in next 1-2 sessions
[13:03] Manoj : shai sir any intra trade u see on any stk
[13:04] Shai : maruti 4032/ 4052
[13:05] RK : thanks
[13:05] Kathir : @shai views on adani long
[13:14] Shai : adani ent/
[13:14] Shai : ?
[13:15] Kathir : yes shai
[13:16] Shai : No big moves – tiny range since last week
[13:16] Shai : can stay 95- 102
[13:17] Kathir : ok shai thanks
[13:20] Vikkas C : shai good tme to enter 8300pe for the expiry ?
[13:20] Vikkas C : didnt buy yesterday
[13:23] Shai : suggest July if going for a break
[13:23] Shai : june may hust go away in premium
[13:23] Shai : for now we have a confirmation that the upmove has halted
[13:24] Shai : no confirmation yet that downmove will begin
[13:24] Shai : so just that in between period and is anticipatory if taking a positional view here
[13:25] Shai : If i see the market trading below 8350 tom for a while then can get a bit bearish
[13:25] Shai : but here – the prevailing trend can still continue
[13:25] Vikkas C : ok
[13:25] Vikkas C : and views on ashok leyland
[13:25] Vikkas C : pls
[13:26] Manoj : again any 35-40 point tradein bank nifty
[13:31] r m : @Shai, now the buy in NF can be above IBH or above day high only?
[13:31] Soumya : what would be the stop loss for maruti intraday?
[13:31] Shai : Manoh 50% qty trade go abv 18417 for 18460 sl of 13371
[13:31] Manoj : ok
[13:32] Shai : 18410 is a dpoc and holding price here
[13:32] Shai : vwap below is supp
[13:32] Manoj : ok
[13:32] Shai : has a chance to see 18460 which saw some selling
[13:34] Shai : Nf can be bought near vwap with sl below 8347 for 8397 visist again
[13:36] Manoj : bot bnf @ 18419.85
[13:37] r m : Thanks Shai
[13:38] Shai : Soumya maruti intra res at 4021 support at 4006
[13:38] Soumya : thank you shai
[13:39] Soumya : @ Shai – does market profile work on high volume stocks only or it can give a fair idea about stocks which do not have good volumes?
[13:40] Shai : ashleyy positional supp at 69.4 and is a buy if it gets there tgt of the move stll at 74
[13:40] Shai : works better if stocks are liquid
[13:40] RK : my opinion for swing – stocks >50 cr is better
[13:41] RK : turnover/day
[13:41] Ashish : Shai, could you please post intraday footprint chart of NF and BNF?
[13:44] Kathir : @shai BOB views for longs pl?
[13:52] Soumya : added united spirits at 3267
[13:54] Shai : some more greens in last 20 mins
[13:54] Manoj : in bnf???
[13:55] Shai : BNF laos buyers there
[13:56] Manoj : laos??
[13:56] Vikkas C : LOWS
[13:56] Shai : NF Intra day FP : http://screencast.com/t/b1qQt2iNV
[13:56] Shai : also***
[13:56] Manoj : ok
[13:57] Ashish : Thanks Shai, but I was asking for 5 minute chart.
[13:58] Venkatesan : ahish you 9times beigger chart?
[13:59] Venkatesan : :)))
[13:59] Venkatesan : sorry 3 times
[13:59] Venkatesan : 115mt and 5 mt
[13:59] Venkatesan : 15mt and 3 mt
[14:00] Kathir : @shai bank of baroda long levels
[14:00] Ashish : 🙂 🙁
[14:04] r m : synchronized swimming by NF & BNF today!
[14:05] Ashish : 18460 sellers came @ 18440….
[14:06] Ashish : Now whether they will come @ 18420 or not, let’s see
[14:06] Manoj : bnf got rejected @ dVah
[14:06] Augustin : @Shai – Break of VWAP will be bearish for Intra?
[14:07] Shai : babnkbaroda weak below 147.8
[14:07] Shai : upmove may be done for today at 151.8
[14:07] Kathir : any break levels for upside shai
[14:07] Kathir : positional i mean
[14:07] Shai : Augustin yes vah break can bring POC 8349 again
[14:08] Augustin : Tks Shai
[14:08] Vikkas C : SHAI can LT be shorted here
[14:08] Shai : buy on dips to 145 tgt is near 154 positional
[14:08] Kathir : ok thank you
[14:09] Shai : Sell NF 8370 sl of 8392 tgt 8348/ 8320
[14:09] Manoj : bnf buy ???
[14:10] Manoj : sl hit
[14:12] Shai : yes BNF exit
[14:12] Shai : nroken vwap
[14:15] Vikkas C : 20550 DEFENDING FOR THE TIME BEINF ?
[14:18] Manoj : shai nf @ 8374 sell now
[14:19] RK : Vikkas yes sort of..always good to have buyers at bottom..next delta bar green with many green nos..then look for VWAP or IBH when this happening..and final trigger for buy could be pink to green..this can be started as sclap and then scaled to intra positional
[14:20] Vikkas C : yes Rk..got it ..thanx to remind again 🙂
[14:20] Vikkas C : new here ..getting used to it 🙂
[14:21] RK : Shai explained this in more clear manner in his video..pls watch if not done already
[14:21] RK : it works great for small intra trades with strict SL..
[14:21] Vikkas C : i did..but finding it difficult to remember during live mkts ..a few more mistakes and i shud be good at it 😉
[14:21] RK : 🙂
[14:22] Venkatesan : thnk you rk
[14:22] Vikkas C : noticed 1st time today and daily candel is also displayed nxt to LVN data
[14:23] Vikkas C : shai is one helluva guy ..really lucky to have joined him
[14:23] VR : who knows, that 20550 might be RK :p
[14:23] Manoj : or even rm
[14:23] VR : quite possibly 😉
[14:23] Vikkas C : for every seller there is a buyer 🙂
[14:24] Ashish : yes VR, big guys here
[14:24] RK : VR I would be sitting in yacht but sitting in broken chair..so not me..may be RM 🙂
[14:25] Vikkas C : somehow feel todays IBL will be tested before 3.30pm ..hope im right 😉
[14:26] Ashish : hahha Rk.. broken chair
[14:26] Manoj : silence means acceptance nw its pukka RM 😉
[14:26] Kathir : @ASHISH that cahir feels lucky chair so only
[14:27] Kathir : RK feels lucky chair’
[14:27] r m : my chair is not broken, only cushion’s foam is gone 🙂
[14:27] Kathir : @vikkas I will be happy if nf does so
[14:27] Ashish : yeah, super lucky
[14:27] RK : green in both Jun and Jul
[14:28] Vikkas C : thodo isko
[14:28] Ashish : this move will gone take stops
[14:28] Vikkas C : kidar buyers aa gaye
[14:28] Vikkas C : and they have come in with a bang ..damnnn
[14:29] Ashish : some sellers in BNF
[14:29] RK : Kathir and Vikkas – why talking about IBL when we are clearing IBH? 🙂
[14:29] Shai : Move sl up a bit to 8396
[14:29] RK : Ashish REd here but green in next
[14:29] Ashish : okkkk shai
[14:29] Vikkas C : and the master is back
[14:30] Manoj : i hvnt sold yet sell still ???
[14:30] Manoj : getting awesome price
[14:30] Ashish : yeah, reds have to come now…..RM open your pockets man
[14:30] Vikkas C : RM scalp done ..now gimme RED
[14:30] Vikkas C : :p
[14:31] Ashish : he is opening slowly slowly..
[14:31] Varun : just logged in
[14:32] Varun : did tht 8346 seller get an exit
[14:32] Sreedhar : No..
[14:32] Varun : lol 😉
[14:32] r m : @Varun, open auction and you go missing for next 4 hours 🙂
[14:32] Ashish : RK asian paint above 754
[14:32] Varun : i said p developing at 11.30
[14:32] Varun : waste of time
[14:32] r m : that will soon be renamed RK paint 🙂
[14:33] Varun : tmrw get ready for fsst finger at 9.16
[14:33] RK : lol
[14:33] Varun : as shai says
[14:33] Kathir : lol
[14:33] Ashish : RK has painted it ggreen above 754
[14:33] r m : @Varun, fastest fingers first 🙂
[14:33] Varun : wht u see as u log back
[14:33] Varun : 26400 trap
[14:34] Varun : at 2.10
[14:34] Varun : another scalper
[14:34] Vikkas C : yup looks like
[14:34] VR : you missed the discussion of who trapped him Varun 🙂
[14:34] Manoj : yes varun u missed
[14:34] r m : 🙂
[14:35] Varun : lets se e if close at top or 8370 vwap
[14:35] Varun : shai can tell
[14:35] Vikkas C : gimme IBL varun
[14:35] Shai : exit the NF short trade if sl goes
[14:36] Ashish : yes varun, IBL and VAL
[14:36] Varun : oh my bad, didnt knew we were short here
[14:36] Varun : sorry
[14:36] Sandeep : but that was a fresh view varun
[14:36] Vikkas C : haha..no worries varun
[14:37] Kathir : @shai take long nf above days high immediately or wait for confirmation?
[14:37] Ashish : axis coming down… a bit only
[14:39] Vikkas C : gimme more red
[14:39] RK : perfect SL that one for NF..great
[14:39] Vikkas C : yeah..thats why hes a master 😉
[14:41] Ashish : Vikkas, RM opened his pockets now 😉
[14:42] Vikkas C : yeah thanx RM
[14:42] Vikkas C : but i need more red
[14:42] Vikkas C : everyone open ur pockets fast fast
[14:42] Ashish : Time for RK to open his 🙂
[14:42] Varun : vwap here
[14:43] r m : I am going to buy a bucket of red Asian paint 🙂
[14:43] Vikkas C : this varun dude ..open ur pockets man
[14:43] Vikkas C : varun and Rk both open
[14:43] Ashish : my pcokets have dried
[14:43] Ashish : RK, I thought you are going to paint thw town with green
[14:43] Ashish : the*
[14:46] Ashish : sorry not RK but RM about asian paint
[14:46] Sandeep : shai get out here from NF short or hold
[14:46] Shai : Can exit NF shorts here
[14:46] Shai : May finish vwap
[14:47] r m : @Ashish, I am sitting out man with hands in pockets 🙂
[14:47] Ashish : 🙂
[14:48] Sreedhar : no twist in last 30 min?
[14:49] Varun : shai does “p” after 400 points indicate we tried to extend but steam dried out
[14:49] Tejpreet : Yesterday [15:19] Shai : Lupin 1763 tgt
[14:50] Tejpreet : Lupin does 1766
[14:52] Ashish : still going down
[14:52] Vikkas C : shai views on heromoto
[14:53] Vikkas C : short from 2550 today
[14:56] Sandeep : assuming we close somewhere here, what levels should be watched in the morning ?
[14:57] Varun : todays renge high lows
[14:57] Varun : range
[14:57] Vikkas C : u want ?
[14:57] Varun : everyones ready to short this market
[14:58] Varun : bulls got an easy exit today also
[14:58] Varun : bears still no exit
[14:58] Varun : we mite breakout on to[
[14:58] Varun : top
[14:58] Varun : and value higher, seccond hint
[14:58] Varun : but range high should go for fresh steam
[14:59] Sandeep : thanks varun
[15:00] Varun : anyone can provide with value area profile above 8440
[15:00] Varun : like which day we were around 8485,8540
[15:02] Vikkas C : 8484.80 on 1st june
[15:02] Venkatesan : varun 2dn june , http://vtrender.com/wp-content/uploads/2015/06/NF_tick1.png
[15:03] r m : http://screencast.com/t/dZRh51Vq
[15:04] Varun : above 8400 we could do 8450/8480
[15:04] Varun : @shai ?
[15:04] Varun : we tried to pierce singles above 8395 today, failed
[15:04] r m : 8450 spot is Shai’s weekly target above 8340 spot
[15:04] Varun : if enter tmrw at open should be easy
[15:05] Varun : cool ?
[15:05] Varun : cool
[15:05] Varun : thanks for the profile
[15:05] Venkatesan : shai, said, #) Selling tail on 02/06 from 8436#) The profile of 01/06 has a small selling tail at 8484 F just near the POC of 22/05.#) New pull back high is at 8359 and resistance for coming sessions
[15:05] r m : Today NF and BNF caught in KRA morass 🙂
[15:06] Varun : poc and vwap over lap
[15:06] Varun : 9/10 we close thr
[15:08] Shai : Varun it is not a big P- prefer to see it as a balanced ay
[15:09] Varun : but if we merge yeasterdya nd today
[15:09] Varun : sad part is we got p’s every day in last 5 days
[15:09] Varun : 😉
[15:09] Varun : and everytime we broke out
[15:09] Varun : so i think if we break today high fresh move can begin
[15:10] Shai : hero Moto nice trade Vikkas
[15:10] Vikkas C : shud hold or exit …
[15:10] Shai : is weak on close below 2520 but siggest book part at least
[15:11] Shai : one tgt below is still 2486
[15:11] Vikkas C : ok thanx shai
[15:11] Shai : Sandeep tomorrow is the value areas trade : 8388 and 8362
[15:11] Shai : yes easy : (15:04) Varun :above 8400 we could do 8450/8480
[15:14] Sreedhar : All these short covering is it? Shai
[15:14] Shailesh : Shai options postions are hinting some pause at this moment…8500 call still highest OI..
[15:16] Shailesh : can we see an upside above 8500 in the current expiry?
[15:18] Shai : No
[15:18] Shai : not abv 8500
[15:18] Shai : Yes Sreedhar shorts got trapped in the move up and is closer to expiry so have to close
[15:19] Sreedhar : Thanks..
[15:19] Shai : NF should be kept in the 8340- 8540 range now till expiry
[15:19] Shai : 8340- 8450**
[15:19] Shailesh : so bears still holding large positions…means may be in a day or we might see a big move on downside.?
[15:20] Shai : No conf yet on price. Expiry may keep the price higher here but once down can dip
[15:20] Shai : done** can dip
[15:21] Shai : close coming near vwap
[15:21] Shai : we saw eveidence today of the dips being used to cover shorts
[15:21] Shailesh : okkk…thanks…8200 july out can be bought near 8500 ?
[15:21] Shailesh : *put
[15:21] Shai : sellers came higher 8390 but so far not aggressive
[15:22] Shai : can buy if we see 8450
[15:22] Shailesh : ok thanks.
[15:23] Varun : (14:35) Varun :lets se e if close at top or 8370 vwap
[15:23] Manoj : bye all
[15:24] Shai : Cool Varun- vwap it is
[15:25] Varun : perfect neutral day
[15:25] Varun : only thing missing was inside part
[15:25] Varun : then tmrw could hve been a 100 days
[15:25] Varun : day
[15:25] Varun : 😉
[15:25] Varun : i am always on hunt for such days
[15:26] Venkatesan : what is 100 mean varun?
[15:26] Vikkas C : share ur hunting trades with us also varun 😉
[15:26] Varun : just imagine if we have an inside day tmrw
[15:26] Varun : said it all here
[15:26] Vikkas C : i know..juts kidding
[15:26] Vikkas C : *just
[15:26] Varun : its like nifty does trend balance trend
[15:27] Vikkas C : so tomo is what ..trend day ..
[15:27] Vikkas C : which way has depends on the open
[15:28] r m : @Venkatesan, 100 pointer NF day
[15:28] Varun : ya lot of it depends on open
[15:28] Varun : then play vwap and sit tight
[15:28] Varun : but this is all i am dreaming off
[15:28] Varun : 😉
[15:28] Varun : lets ee if it happens or not
[15:28] Venkatesan : thank u rm and varun
[15:29] Ashish : Shai, bajaj-auto confirmed weakness today?
[15:29] r m : welcome Venkatesan
[15:29] Venkatesan : 100 means worthy to sit 9am to 330 pm
[15:30] r m : Inside day is like compression, it explodes afterwards 🙂
[15:30] Varun : ya but cos of last days sideways move, most hesitate to pull the trigger at 9.15
[15:30] Varun : thinking it will be sideways
[15:30] Venkatesan : it s like inflating baloooooooooooooooon
[15:30] Varun : and thr it goes
[15:30] Venkatesan : rm@
[15:30] Shai : bajaj weak closing
[15:30] Shai : let’s check open tom
[15:30] Shai : Bye all
[15:30] Tejpreet : Bye All.
[15:30] Ashish : ok shai, thanks
[15:30] Shailesh : Bye all
[15:30] Shai : Have a nic eevening
[15:30] John : bye all
[15:30] Vikkas C : bye all ..
[15:30] Varun : bye all
[15:30] Ashish : Bye all
[15:30] Moses : Bye all
[15:31] Venkatesan : thank you shai, rm , varun, rk and friends
[15:31] Varun : 🙂
[15:31] RK : thanks and bye all
[15:31] r m : Thanks and bye folks, have a great evening 🙂
[15:31] Suyash : bye all
[15:31] Srini A : Bye All
[15:32] Sandeep : bye all