General Chat Transcript
Date and Time: March 25, 2015 09:16:00
[08:46] Kathir : Hi all 🙂
[08:46] r m : Hi Kathir 🙂
[08:46] r m : Good Morning folks!
[08:47] r m : http://vtrender.com/levels-and-plan-for-25th-march/
[08:47] r m : http://vtrender.com/premium/orderflow-charts-and-notes-2403/
[08:47] Porus : GM all
[08:48] r m : Nifty MAR Future levels Key Reference Area 8552 Hypo1 below 8552➜8510➜8480 SL 8585 Hypo2 above 8586➜8612➜8644 SL 8552
[08:48] r m : Banknifty MAR Future levels KRA 18465 Hypo1 below 18465➜18385➜18220 SL 18580 Hypo2 above 18620➜18750➜18852 SL 18610
[08:54] r m : SGX Nifty trading flat
[08:58] Shai : GM all
[08:59] RK : GM Shai and all
[09:04] Kathir : @GM Shai RK
[09:06] Kathir : @SHAI we get buy sell levels intra in twitter from today?
[09:10] RK : Hi Kathir
[09:10] Rahul G : hello all gm
[09:11] Rav : GM….site is ebcoming colorful and great day by day
[09:12] Rav : green color is very nice than old dull and lull blue
[09:13] Sharad : GM all
[09:14] Sachith : GM all
[09:16] Kris : GM All 🙂
[09:16] Kathir : GM kris bagwan
[09:16] r m : Hi Kris 🙂
[09:17] Kris : Hi Rm, Kathir 🙂
[09:17] Varun : the figures in the first 5 min chart are totally messed up
[09:17] Varun : volume figures
[09:23] Varun : thanks
[09:24] Shai : open in range and value
[09:24] Shai : strength abv 8587/97 again today
[09:24] Shai : supp at 8552
[09:25] Shai : Not much changed in the auction yesterday in terms of levels
[09:26] r m : NF is running on a treadmill since Friday!
[09:28] Shai : BNF was a neutral extreme day yesterday ad hence a move below day low if required for more bearishness
[09:30] Shai : Opening volumes suggest a non- directional day
[09:30] Shai : Over to writers
[09:34] Shai : Thanks Rav: (09:11) Rav :GM….site is ebcoming colorful and great day by day
[09:34] Shai : Yes Kathir started since fri : (09:06) Kathir :@SHAI we get buy sell levels intra in twitter from today?
[09:35] Kathir : thanks shai
[09:35] r m : Now Kathir will be away for longer periods 🙂
[09:36] Kathir : lol
[09:38] Navaneeth : 3rd foot print changed?
[09:39] Shai : That is april to track rollover vols
[09:41] Shai : 19325 is pdl
[09:42] Shai : Buy BNF abv 19395, sl 19355 tgt 19435
[09:50] Navaneeth : call active ?
[09:50] Rahul G : yup
[09:50] r m : yes
[09:52] Shai : could have bought lower also- Footprint did not show new sellers as we reached PDL but we try to be conservative
[09:52] Rahul G : guys require some help from your side, When I trade with minimum lots i get profit but as I increase my lots there is only loss any advise on this will be very helpful how to manage with more lots
[09:53] Varun : manage risk, by speculating only 1% of ur capital as stop loss
[09:53] Varun : whtever be the amount just divide by lots
[09:54] Varun : it works well as then u trade with free mind and not fear
[09:54] Rav : when u buy from operator,it becomes loss and when u join with him,it is profit, whatsoever the lots may be
[09:55] Rahul G : varun can u give me an advise
[09:55] Rahul G : if I have a capital of 5L for example
[09:55] Rahul G : so my loss should be 5K only
[09:55] Varun : ur stop loss should be 5000
[09:55] Varun : and if in points its 20
[09:55] Varun : speculate with 250
[09:56] Rahul G : ooh okay
[09:56] Varun : ur deccision making will improve multifold
[09:56] Rahul G : should we keep sl in the system always
[09:56] Varun : yes
[09:56] Varun : first know ur stop loss and then put qnty
[09:57] Rahul G : tht is one thing i do not do
[09:59] Rahul G : rav, any advice on how to join the operators 🙂
[10:00] r m : 🙂
[10:01] Rav : u must know vol price analysis and when vol is moving up and down and mkt i sideways and take lots accordingly
[10:03] Rav : last 40 min, bnf is being bought by operator
[10:05] Shai : NF trade long abv 8576 for 80% rule to 8594 POC
[10:05] Varun : bt shai we opened within value
[10:06] Varun : isnt 80 5 for open outside value and reverse
[10:06] Shai : No can be used for move away and to also as profile is balancing
[10:06] Varun : k
[10:06] Shai : When in Imbalance use Opens
[10:06] Varun : means rejection outside vlaue
[10:06] Varun : imbalnce rejected
[10:07] Varun : ?
[10:07] Shai : I meant in 2 way acutions the Markets keep probing extremes of value
[10:07] Varun : k
[10:08] Shai : our bias is down below VAL now in NF but entry in value should take it to POC
[10:08] RK : seller in both contracts
[10:08] Varun : read an intrsting stat
[10:08] Varun : 52 5 time we touch ppoc next day
[10:09] Varun : read 52%
[10:09] Shai : for NF?
[10:09] Varun : in general
[10:10] Shai : we did some stats on our blog for NF some time back
[10:10] Varun : for poc
[10:10] Varun : wht wr the results
[10:10] Varun : like u hve mentioned val by a line
[10:10] Varun : can we hve hvn and lvn also
[10:11] Varun : at lvn we can see of to see rejections
[10:11] Varun : or continuations
[10:11] Varun : of trend
[10:19] Rav : max pain at 8600 18500
[10:19] Shai : Exit BNF longs at 18420
[10:19] Shai : Not showing impulse upwards
[10:19] Navaneeth : ok
[10:20] Navaneeth : Delta n Green line still suggests a buy.
[10:20] Shai : no really more like rolls happening- Opp in April
[10:21] Navaneeth : ok
[10:22] Rav : bnf is LBU in both mar and apr at equal way pricewise and OI wise
[10:26] Rav : 76 points premium in apr
[10:31] Navaneeth : Exact target done 🙂
[10:31] Shai : Buy stop orders triggered
[10:32] Navaneeth : you mean limit buy?
[10:32] Shai : yes sl
[10:32] Navaneeth : ok
[10:32] Shai : would mean a dip to vwap is a buy
[10:34] Navaneeth : hmmm
[10:42] Rav : nf LU in mar ..rollover
[11:06] Rav : http://screencast.com/t/pRMjOrmIAAX
[11:07] r m : Thanks Rav
[11:08] Kathir : @RAV any views for bnf expiry around?
[11:10] Rav : 18500 max pain. huge rollover with LBU seen i Apri along with LBU in March may induce SC . BN may expire around 18400-18600 due to high beta constituents
[11:10] Kathir : ok thanks
[11:43] Varun : rm are still lower vwap bands near 50 in nf?
[11:45] r m : yes
[11:45] r m : 8547 is the lower band in NT chart
[11:46] Varun : now visible here too
[11:46] Varun : thnks rm
[11:46] r m : welcome
[11:46] RK : someone covered huge and not rolled over..
[11:57] Shai : possible FA at 8543 if we go day high
[11:57] Varun : much needed one
[11:57] Shai : could provide momentum to move up
[11:57] Varun : to end this dull phase
[11:58] Shai : BNF unfinished auction at 18461
[11:58] Shai : should visist once again there
[11:58] Janak : Hypo1 below 18465➜18385➜18220 SL 18580
[11:59] Shai : yes if we get rejected at 18465 we will come back to 18385
[11:59] Varun : we came tiil thr
[12:00] Varun : in last 30 min move
[12:00] Janak : shai what is ur expiry guess?
[12:00] Shai : yes
[12:00] Varun : 80 % still apllicable in nf
[12:00] Shai : Janak 8580 spot
[12:00] Varun : and is it on in bnf ?
[12:01] Janak : oh that is around 8600F
[12:01] Varun : @shai we had a one lakh plus buyer in 15 min at 48
[12:01] Varun : but it didnt show in 5 min?
[12:03] Shai : FP chart is the total Volume at price based on who is more aggresive
[12:03] Shai : the 5 min chart is only mkt orders
[12:03] Varun : ok
[12:04] Varun : so delta below the 5 min is actual trade
[12:04] Shai : it’s just a different way to look
[12:05] Shai : for ex 2941075 bids + 3258750 asks in FP chart = total volume
[12:05] Shai : so all volume is there in FP chart to give us mkt idea
[12:06] Shai : In FP 5 min chart delta is the pane below
[12:06] Varun : ya
[12:06] Shai : the vols are aggressive mkt orders
[12:06] Rav : 18500 pe writers shifted to 18200pe
[12:23] Janak : shai short tgts pl in bn/nf
[12:24] Shai : 18325
[12:24] Shai : 18155
[12:25] Janak : nf?
[12:25] Shai : 18155 is positional
[12:25] Shai : 8510/ 8480
[12:25] Janak : intra?
[12:26] Rav : 18290
[12:33] Shai : still a roatational profile
[12:33] Rav : icici sc spoils bnf fall
[12:33] Shai : break will come when volume srise
[12:34] Shai : 392725 was last vol- has to be double that
[12:35] Varun : this 392 vol is of wht ?
[12:36] Varun : nf or bnf
[12:36] RK : Mar NF
[12:37] RK : 12.30 candle
[12:37] Shai : sellers
[12:38] Shai : NF that is
[12:38] Varun : gt it
[12:38] Varun : still at 296
[12:38] Varun : long way to go for bands to change
[12:40] RK : Apr FP shows increase in volumes
[12:42] Varun : nice pick in april
[12:45] RK : rigid band
[13:08] Janak : eu open?
[13:10] Janak : some fast selling coming here?
[13:16] r m : http://www.worldtimezone.com/markets24.php
[13:17] Janak : 🙂 bhai bandar ko sankrit kyoon dikhate ho ::
[13:18] r m : Pandit banane ke liye 🙂
[13:18] Janak : uske liye 8500/18325 hi kaafi hei ;
[13:18] r m : 😀
[13:18] Janak : what resistance at 8550
[13:26] Rav : 8530 spot broken
[13:28] Varun : @shai volume burst or not ?
[13:29] RK : seems BNF dont want to give up PDL
[13:31] r m : 81 million volume so far in NF
[13:32] r m : does not seem too high
[13:37] Varun : @shai can we have one screen short of nf profile after 1.45 candle
[13:37] Varun : need to see the tail
[13:39] r m : this may not be very accurate http://screencast.com/t/0zPikq1h
[13:39] Varun : i think we hve a 7-8 tpo tail now, good fr a bounce
[13:39] Varun : yes rm thr is a long tail, if we dnt hve arevisit, we shld rally
[13:40] r m : ok
[13:41] Varun : thanks rm
[13:42] r m : welcome
[13:43] RK : IBL VWAP combo
[13:43] Varun : wht relevance rk ?
[13:44] RK : good resistance and once cleared with volumed good support..
[13:44] Varun : thanks
[13:45] RK : Axis running up
[13:49] Varun : thnks shai
[13:49] Varun : fr the efforts
[13:49] Shai : balanced Profile stil
[13:49] Shai : heavy vols a lows
[13:49] Shai : Varun 🙂
[13:50] Janak : yday’s aggressive buyers/sellers missing
[13:50] Shai : NF can make 1 trip to 8567 again’
[13:50] Varun : is tht the poc
[13:50] Janak : any chances of 8500?
[13:50] Varun : 05 59
[13:50] Varun : or 59
[13:50] Shai : 59 poc
[13:50] Varun : 67 single print resistance
[13:51] Shai : yes
[13:51] Shai : just to check selling interest
[13:51] Janak : mkt is glued to 18400/8500
[13:51] Janak : 8550
[13:51] Varun : after many says we havea tail at lows
[13:51] Varun : it shld rally
[13:51] Varun : days”
[13:52] Shai : yes
[13:52] Shai : we needed that tail to confirm a bottom
[13:52] Shai : but not yet out
[13:52] Varun : yup
[13:52] Varun : vwap
[14:06] Shai : 8580 F more likely to complete the day today
[14:07] Shai : that down move may be done today
[14:08] RK : Shai done for today or for series? 🙂
[14:08] Shai : RK have learn’t not to trust expiry day or let it go till last hour
[14:08] RK : We are just 40 points away for our 8473 spot
[14:08] Janak : shai atleast a touch to 8510?
[14:09] Shai : that one is a differnt one. This is the move off yesterday
[14:09] RK : exactly..that’s the lesson learnt in last 3 months
[14:09] Shai : current auction whicg went up from 8550 and met selling at 8640
[14:10] Shai : sellers are not pushing the lows like they did at 8640
[14:10] Shai : Tom is options players day
[14:11] Shai : that last hor can go anywhere
[14:11] Shai : hour*
[14:11] Shai : But as the start of March series showed that last hour has no effect on trend
[14:11] RK : Trend resumes on 1st day of next series itself
[14:11] Janak : looks like a rotation betn 450 and 350 shai till 3.30?
[14:12] Janak : and 8560-20
[14:12] Shai : Yes janak
[14:12] Shai : Rotate
[14:12] RK : Better BNF break high or lows of today..otherwise we will endup with lowest range day of 2015 pointing much volatility tmw
[14:12] Janak : its an easy short till 350?
[14:13] Janak : and 8520?
[14:22] r m : bn hits previous vwap
[14:24] Varun : rm tht tail worked 😉
[14:24] Varun : thanks
[14:25] Janak : if bn enters back into IB?
[14:25] Shai : yes then short ‘
[14:25] Shai : 18407/ 18385 tgt
[14:25] Shai : sl day high
[14:26] r m : @Varunt, tail wagged the dog 😀
[14:26] Shai : 8567- (13:50) Shai :NF can make 1 trip to 8567 again’
[14:26] Shai : if 8546 holds now can close day at 8580 F
[14:27] Shai : then it is neutral into expiry and can swing 100 points in last hour tom also
[14:30] Shai : BNF 18460 is a big number for close today
[14:30] Janak : it will surely close below that?
[14:30] Shai : abv this 18460 we can go tap the FA at 18610 at tom open
[14:31] Janak : OTF sellers shd appear now
[14:31] Shai : abv 18610 bears lose some momentum
[14:31] Vivek : @shai were there huge buyers below 8530 or wec can expect spike down to 8500
[14:31] Shai : Vivel no uge buyers- but lack of supply
[14:31] Shai : Vivek*
[14:32] Vivek : ok
[14:32] Janak : vivek i m with the spike theory but shai has to approve 🙂
[14:33] Shai : Janak break 8546 – (14:26) Shai :if 8546 holds now can close day at 8580 F
[14:34] Janak : day/week/month trend is down so a spike below 8546 has more chances?
[14:35] Janak : only this is an operator- play here – bit seller is missing
[14:35] Janak : big
[14:35] r m : @Janak, for that 8500PE writers have to give up
[14:36] Janak : give me their nos. 🙂
[14:36] r m : Try thru Rav 😀
[14:37] Janak : 8546 aa gaya!
[14:38] r m : @Janak, looks like that 31825 pound hammer in 14:25 bar belonged to you 🙂
[14:38] Rav : if 8530 spot breaks T 8495 8475 8457 nf
[14:38] Rav : 8600CE HUGE WRITING ON
[14:38] r m : Thanks Rav
[14:38] Vivek : @janak looks like going to break 8546 🙂
[14:39] Janak : we need to see shai’s sell-order only then it wil break
[14:40] Rav : 760POINTS PREMIUM
[14:40] Rav : 76
[14:48] Rav : 316 spike
[14:50] Janak : that spike shd be revisited?
[14:50] Janak : 316
[14:50] Janak : 316
[14:51] Janak : is it called anamoly?
[14:51] Shai : buying tail is gone in NF
[14:51] Rav : operator searching for sl
[14:52] Shai : Not good for bulls below 8547 again
[15:00] Shai : BNF below 18338 no vol traded
[15:02] Shai : 8549
[15:02] Janak : shai that 316 can be visited?
[15:02] Janak : to fill up the vol
[15:02] Shai : possible
[15:04] Rav : bnf LU here
[15:08] Janak : yep – 316 coming
[15:08] Janak : almost there
[15:10] Kathir : @amit what happened to NTPC 7 down from highs?
[15:11] Kathir : @RM at last janak got his bnf levels
[15:12] Janak : jahan hum khade ho jaate hei…..
[15:12] r m : @Kathir, Janak must have rang up operators 🙂
[15:12] Janak : bn wahin pe aa jati hei 😉
[15:12] Kris : Right friends, time to leave! Have a great evening!
[15:12] r m : Bye Kris, have a great evening 🙂
[15:12] Kathir : oh is it 🙂
[15:13] Kris : no Kathir – I am leaving a bit early that is it.
[15:13] r m : @Kris, even M K Gandhi could not have kept such “Maun Vrata” 😀
[15:14] Kris : nothing RM – just was watching charts, our Janak’s mind boggling predictions – and – just time flew.
[15:14] r m : 🙂
[15:15] Kathir : @kris bye
[15:15] Kris : Bye Kathir – only interesting thing to see is – if tomorrow 8500PE writers will be tested
[15:15] Kris : Otherwise, will it be peace treaty signed with Writers taking all the bags home!
[15:16] Kathir : ok let us see any lotterry is there tomrw
[15:16] r m : @Kathir, I think Amit is not here today
[15:16] Kathir : oh ok..he is NTPC guy
[15:18] Shai : closing at lows again
[15:18] Shai : MO should be down again
[15:18] Shai : One moe day for the bulls to defend
[15:19] Shai : a close at lows tom is the best time to buy April calls for MO to unleash
[15:19] r m : MO steady at -66
[15:20] Kathir : @shai whats your actuall trgt for this run down in NF . 8510 or more?
[15:21] Kathir : @RM unitech joined aus team 🙂
[15:21] r m : 😀
[15:21] Shai : 8467 spot
[15:22] Rav : SHORTS are rolled with 77 and 190 points premium
[15:22] Kathir : so another 50 down from here.thanks shai
[15:22] r m : @Kathir, good thing is that it can’t go below zero (Unitech) 🙂
[15:22] Kathir : lol
[15:22] Shai : yes risk reward is favoring longs but- one trip to 8750 spot again
[15:23] Kathir : may be tomorrow it may close there around 8467
[15:23] Kathir : for fresh longs to get into april
[15:24] Kathir : and if RM can bring down his MO a bit more
[15:24] Rav : 18200put and 8450pe may be the TARGET for CE writers
[15:24] Kathir : @rav any change in max pain today
[15:28] Rav : same 8500 18500
[15:28] Shai : BNF is the one to watch tom
[15:28] Kathir : ok thanks..tomrw need your help to find some lotteries 🙂
[15:29] Shai : can go to 18135
[15:29] Sachith : bye all
[15:29] Kathir : will put 18200 pe writers in trouble
[15:29] Shai : at one point BNF was hustling bulls at 18460 but bears attacked
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Shai : Bye all
[15:30] Shai : Have a nice evening
[15:30] RK : Thanks and bye all
[15:31] Kathir : thanks and bye all
[15:31] Porus : Bye all